|
r ; ___ _ _
<br /> ,a - — ,�. --
<br /> � � '• I -. I �F�'",.,. y— _ _
<br /> . . -
<br /> ��
<br /> -- .. �__ _,.r,..r...a...ri
<br /> ' • TOOEI'�i MA1H N tM In�qvMmnq�ow or h�twlt�r �ndd an itN propMiy, �nd r�urnmtt.�Pp���• �nd
<br /> Mwn. now«h«..Rw.P.rt or u�.propKry.AN npl�oNrwM.o,d.ddMlon..n.r aro a oovrr.d by w.9.o�rlly InMiwiwM.
<br /> � A1 d tM lorpoi�q M rMwnd to N thM B�aMib Inst�nwH w th�'Propwly.'
<br /> OORIIO'YI�A COVENA►!T8 tlwt Ba►owK M Mwvkill �M�d d tM�atw AmbY oomr�y�d�nd hM th� dpl►t to pnM�nd
<br /> oawqt th� hopwty�1d thM tlN PropNty Is unMldNrN�nd, �capt for w�a�nbatwM d nootd. 8ortw� w�ttrws.r�i w� � -
<br /> d�d o�n«.ry u+o rw a u�.Pro�.ny�a�d�r�,s.nd d�w,d�.w�pa a.ny«,o�xW+on a noord.
<br /> t}us BECUnmr NVSCrnuMEHr oanbin« unllorm oov«�ana 1« n.tbn� uw �nd non�+enYonn oovww�ts wNh NMM.a �
<br /> vahMona by jWlsdc�toa to oonatlq�a unMam aa+rly+Instnunmt oov�rky nN prap�tY.
<br /> W�IIFORM COYENMti8. Ba►ow�r and Lmdw oowrwnt a�d�prw a�lo�ows: �
<br /> 1. PaytnMnt wf PrInWpM and Int�n� Pr�paylrtsnt and LaR� CI�pM.earrowr ahM p►om�y pay wh�n
<br /> -�=-�---� dw th��,dpat ol and int�ra�t an th�d�bt avklmced by the tdote and�ny pre�yment�nd Mt�eh�rp�s dw wid�►th�Not�. �—
<br /> � 2. Funda tor Taxss a�d Inwrma�. subJ.ot co.ppro.bM�.w or a.wda.n w�iv.r by L«�dw.eonow.r.n.1 var � -
<br /> to L�rKi�►on th�d�Y ��Y WY�ts ar�dw un�Mr tht Nob.unfl th�t�ob b pdd tn 1u1.a wm('funds')for. (� Y�N
<br /> wc�nnd aa«snwnts wt�tch m.r �+ a�Y owr u�is s�axiry M.Lwnmt as a wn on ch. Rrov«tr: (d)1�N �� W
<br /> wymr�a or pround rw�a on ch.Prop.Ky�a�ny; (o)ywh h�d a p►opuly Inwnno.w«nwm�t td)r�Y wood Inwnnw
<br /> p�� w NY'. ��)Y�b�9�inux�prm�Nmts.if�ny;�nd (Q�nY�P�1�bY��to Undu in accondmw
<br /> _ � wMh thr provkbn� of psnpnph B. in INu of th� p�ym�nt oT mottp�p� Insuranw pnmk+ms. Th�kNns an e�Mt! 'Esaow
<br /> --. kwns.' L�ndK n►�y� at �ny Ume� coNct�nd hotd Funds in an �nwunt not to �occMd th�ma�dmurn�rnount �MndK 1or a
<br /> --�— hel�ally nW�d mortpay�bim may nquk�tor Barow�r's aserow�ocount undK th�f�drrN R�al Estat�SKtl�nmt Procdr�s
<br /> � Aet of 1074 s�anMnd�d 1'om t4rw tn tlm�.12 U.S.C.8 2601 �t sp. ('RESPA'), unMas anoih�r Mw liuit appli�s to th� Funds
<br /> sMs� Nss�r amax�L H so,Lrndr may,at �rry tlm�, eoM�ct�nd hdd Funds h an�ma�nt not to uca�d th�Msser�moun�
<br /> UneMr nNy atlm�t�th��nount of Funds du�o�th�t��ls ot curt+�nt dat��nd naon�bM�atlm�t� of�ndip�ns of 1uWn
<br /> — Etariw(brns or othawM�!n acoord�na witF�NppYcabls kw.
<br /> — -- ---- Th�Funda alul be hMd In�n In�Uhitbn whos�cMpotits an Msund by a(�deru ay�ncy.InsWm�ntaNty. a�nUly(Indudinp �
<br /> ,�..s��� -- - — L�ndK. R L�is such an inttkution) ar b �ny F�d�rv Hom� Lo�n B�nk. UndK shaN appy th�Fund� to p�y th�Eacrow
<br /> It�en�. l�nd�r nwy twt e!►�y�Bcxrowr ta holdnq and applyk�p th�Funda.�mwNY�n�ytln0 th� auow acoount,a v+dtY(nQ _
<br /> • � th� Esaow ftMns, unNss L� pays Barow�r Ntrsct on the Funds �nd �ppNabN liw p�mit� 4�ndK to m�ke such a
<br /> an.ry.. F+oww.r. Lana.r m.y nqur�. eoaowr w p�y . on�tMn. crxrye ror Yn tna.p.na«►t r.N ara.wc n�atlnp s.rvtc.
<br /> " _r. .�... . ..'�.� ua�d by L�ndr n oonn�lia� wkh this ban� unlat �PPMc�b� taw Provides ath«wb+. UM�as �n �ynarNnt is mad� or
<br /> •.,y...y�„Fa w,��; aPPYcibl�{aw aqukas int�nat to b�psid,tander sh�N not b+raqufred to pay Barow�r any k►t�rwt a Mtninys on th�Funda.
<br />_ r4�`�sY�srt�ti Bortow�r �nd UndK may+p� M writlnp. howNK,ttwt Int�nat shM W paid on thr Fundt. L�nder shW qiv�to BorrowN;
<br /> �.�����,#,f�;+.k,:,`-• wNhout�h�►q�� an�nnwi accountlnq of ths Funds. thowMip cndits and drbiq to the Funds�nd ths purpose Tor whbh Mch
<br /> ,. �';�,,=���..�, d�bit to th�Fundt wu m�d�. Th�Funds�n pl�lp�d as addNbnai s�aulry fa dl swns s�atnd by th�S�cutily InaUum�nt.
<br /> �Z• '•i!;".;�;t. •. R th�Funds h�id by Under�xa�d th�nnounb p�nAtt�d to b�Mid by�ppNe�bie ww�i.�ndr sh�N account to 6orrow� —
<br /> �� ,..•,�:�A r. ,...w;,a 1or th�pcp�s Fw�ds h aocord�na wkh the nquk«nr►b ot appNc�ble Mw. B th�amount of th�Funds hdd by L�nder at an
<br />_ ,,,;:o;•r;--.:::. ,; tMn�b not wMcMnt to pay th�Esaow ItMns wh�n du�� UndK may so �otity Bortow�r in writinp. and�in woh as�BorrowK
<br /> ':.;��.; .;f, sh�M pay to UneNr ths�na+nt n�s�ry to m�k�up th�dMcMncy. BortowK shali m�k�up tM�d�ct�ncY h no mon th�n
<br /> -_ r �.�.:-��..,:,,... twdw manthlY Wy�n�ntw�at Und�r's sot�dfscreNon.
<br />_- � ��':��. �P� P�Y�t in 1uM of aN wms s�au�d by thlt 3�curily instniment, LendK shW prompty nfund to Borrower any Funds
<br /> - �Fn�.;.h{I'4p!�� hMd Dy LMfdM. It�u11dM pua9raPh Yt. UntiK siwif acquin a s�ii ihe ?ro�,MiY� L�id'w.W�or 28 2t+o ac�tlsltlois or ssle ot tlss
<br /> ° � ,., . . Prop�ty.sh�N�ppy�ny Funds h�id by L�ndrt at th�Wn�of acquisMlon or salt u a cncYt aqahst ttu wms s�au�d by thia
<br /> . . ' . S�cwMy instrum�nt.
<br /> . 3. AppIlC�tion of Paym�nt�. UnNas a�pplicabls ww providss othwwisa, �11 p�ym�nts receHed by Und�r undr
<br /> . ��•;�. � paray�aphs 1 and 2 sh�l be appM�d: tkst,to any prep�yment charqet du�undsr the Note;second,to amounts pay�N undrr
<br />- �� • p�nynph 2;third,to intereat due;tourth,to principal due;and ast,to any kt�chuges dw undK tht Note.
<br /> � 4. Ci1Wp�s; U�ns. Bortower shaN pay aN taxea. asssssm�nts, ciwqes. flnes and h�wsWont attribut�bN to the
<br /> � � Rop�rty which may auaN� prbtity owr thl�3ecurity Inatrum�►t,and iMS�hotd paymada ot qnwnd �ts,R sny. BortowK shat
<br /> UaN
<br /> " � "' • pay thue obMp�tfons In the m�nnx provided in panyniph 2, or R not p�ld in tFud m�nner. Borrow�r sh�M p�Y th�m on t4rn
<br /> : �� " ' dkscNy to th�person owed payrt�er►t. Borrower ahaY promptly fumish to Lender aN noUcas ot amounts to bt pdd und�r this
<br /> `' � p�ra�raph. H BortowK makvs th�se p�yments dk�ctly. BorrowK shap prompty tumish to L�ndv nc�ipb wW�nciny tlu
<br /> �� ,r.,�.. . -:i,. ��lflt3. �—
<br /> _ 1 j . �
<br /> Borrowx shaM promptly dlacharge�ny tian whkh hae priodty over this Securily Instrument unless BortowK: (�)aprsss in
<br /> + � � � � � wrNhq to th�paym�nt of the oWlyNbn secured by tho Ilon in a manner accaptable to Lender, (b)conttats In yood takh the '
<br /> Ilen by, or dstands �yainat enforc�t ot the W�n in, tspd proe�edkiys which in the LandK's opNdon op�at�to prw�nt th� �
<br /> entorcement ot ths Ilen: or(a) aewrea from the hold�r ot the Iien �n apnanent aaWteetory to Lender wbordinatiny the lim to �.
<br /> , � n' ',� ihis Seaulty Instrument.M Lend�r detwmines th�t u►y p�rt oi the Prop�ty Is aubJect to a Wn wh�h may attak�pdo�iry ov�t thlt µ;,
<br /> S�curily inatrument.Lender may yNe BortowK�notice identiryk►p th�W�n.BortowK�haN eatlsty th�N�n or tak�on�ot mon o}
<br /> � • � the�ctlons aet forth abave within 10 d�ys of ih�yivinp oi noUce. �
<br /> � b. H�s�rd or Prop�rty Insu�anc�. Borrower shaN kNp ths knprovementa now existing or here�fter erscbd on the `:
<br /> � � Property Inaured �y�fnst bss by ik�, h�ards IndudW wRhfn the term 'extended covarape' and �ny other hwrds,Indudinp �'
<br /> �' � , 1loods or floodiny,for which Lendr rpukes inaurance. This inaurance shaN be makiUined in the amounts and for th�palods �
<br /> '' �,'� th�t L�nder rpukas. Th�Inturanc�carti�r providinp the hsunnce ahali be choaen by Bortower subJ�ct to L�dK's�pprovd
<br />'-'�^��` • • wh�h shall not !» unrasonably wiehheid. it Bortower f�ps to rtWhtain covern9e describsd�bow. Und�►m�y. �t L�nd�'s
<br /> • �'��+�is opUon,obtah covwa�e to protect Lender'a rlyhta In the PropeAy In accordance with pangraph 7. i_
<br />�"'� •� �i�-�� -�- AN Insurance poWcNe and �wvais sh�li b� acceplabie to Under and ahaN include a atandard mortq�ye eJ�use. Lender =
<br /> � ehaN hav�th��iyht to hotd the pdkies and renawala. it Landx r�es.Bortower ahaq pranptiy pNe to L�nder aM noeipts oi
<br /> �• << p a i d p n m f u m s�n d ronew a l no U ces. In t he e v e n t ol I oss,Borrow�r shW q h re p ro m pt noUce to the in�urancR c�rtlar and Und�r.
<br /> trS"':�.�
<br /> .�, °•�,,:.,, :_. ._,_ L�nd�r may m�k�proof of Ioss H not made prompty by Borrower.
<br /> � • ,. � Unlas Lender and Bortowx othenviae ap►ee M writln9, inaunnce proceeds sh�Y be appNed to rostoration or rop�k ot the .
<br /> d�p�d.H ths roatonUon or ropak ia economlceMy fe�sibte and Lend�r's aecurity ia not I�ssen�d. It the roatoraUon or `��
<br /> w�r ,�kt�•: ;Y�:''` r���ot econotnlc�Yy 1MSible u L�ndx'a s�curlty would b�leaaened,the Insuanee proee�ds shaM be�ppY�d to ths wms
<br /> ,,.,.,
<br /> �. ,,S?.' � � ' s�cund by lhis 3�cixMy InaWme�►t, whather or not then due, wkh �ny �xce�s pald to Bortowar. if BoROwer ab�ndont the
<br />-�1` -;;e..,.. . .;� S prop�tty,or does out answx wlthM�30 days a noUca hom Lender th�t the insunnce urtix has oMKed to sdtb a cWm,then
<br /> = •�•�=� •' Lender m�y coM�t the insurancs proceeds. Lender may ua�tht proceeda to repak or mston tM Property or to p�y sums • _
<br /> ,••'�,`�•�=�=: s�cund by this Sauriry Instrum�nt,whathx or not then due. Th�30•day period wiN bepk�wh�n th�nodce is yMen. y�.
<br /> �`.;'.,�• ,' tMn ot oceeds to shal not �oct�nd or �::
<br /> �4° • UnMss L�nd�r and BonowK oth�nwis� aprae in wriGnp� �nY +WP� Pr P��
<br /> _ . .t posipon�th� dw d�t�ot tha monthy payrt�►ts Merred to b puapnphs 1 and 2 a eh�npe th��mount of th�p�yments. If �
<br /> — undK p�rayraph 21 th�Propwty is aoquirod by Under. Barow�i s dyht to any(nsunnce poNct�s�nd proce�ls nwpinp irom
<br /> — ' ' d�m�q� to th• Pro�ly P� to tn• acquiskbn shM Wa to L�ndK to th. �Q�nc or tM sums by thla S�auity InstrarMnt �
<br /> — ��Y P�to the a� i
<br /> _ � a. Occupancy, Pr�s�rvatlon� Matnbnsnc� snd Pr�n[�ctton ot ti� Pr+op�riy; Borrow�rs i.osn �
<br /> AppliCatbll; l�aMhOlds. BortowK�h�i occupy.estab0:h.and us�th�Property u Baroww's princlpN nsid�nc�w8hh =
<br /> - sbdy d�ys a1lK tM �oaoutlon ot this 3�owMy Inatrunwnt �nd sh�1 cont4w�to occupy the PropKty u 8aaowa'� pdncipN .
<br /> — nakNno�for at Nat otw yMr aRr th�d�t�of ooaiprncy. unie�s l.mdr otM�wia�prMS In wrNNp,which oonsw�t sh�N not `
<br /> b��rxMSOn�bly withh�id.or�s�xhnwtlnp drarnst�nas�kt which�n byond Botrow�'s oonkal. 8ortow�r st�not --
<br /> d�stroy.d�n�or Nnp�ir tM Property, abw th�Piop�rry to tMt�iowt�,or canxnit wast�on ih� P�opMty. 8orrow�►�ha1 M h
<br /> dMwlt M any IorO�Murr�cilon or prooMdnp. whetha dvM ar afrriMwi,l�b�p��n tiu�t in L�ndr's pood Wth judOn�t oouW nsWt
<br /> In fod�Nur�of th�PropMly or athwwN�mW�W!►Ynp�M th�If�n a�Wd by thb Saarily Instiurt�nt a L�nd�'s s�axlry intwst. =
<br /> Ft�N.WO(M�) V�p�Y W 0
<br /> � � i
<br /> f�100
<br />
|