|
__ � _
<br /> -��- - ��,�� � � � f�:-_.-.. - ---- -- � - --- ---- ----- -- --�-; =., �.�"_
<br /> -;����. �� , a- � - <. ,< _
<br /> _ ,' `4` �� .-4. � ' �a . — .— _ -._—. - r .. - � __ . _. " � - — . � _.. _ °
<br /> -=��.����.� :�:�::�-- �� =-- - � � � .: � r . � � , . gl.— ios��f �
<br /> - - - . _ _ ,
<br /> �- � ` �'�+D6�R�YIIH aU tbe ionpeuvemao!ts aa�►a h�kr«efted an nK p�opaty►,aod all eu�+mmt�.appaAes.eoe..ad .
<br /> —.� S�taies naw a �a p�t of tLe peopeity`A11 tepl�oenrats aod dditioo� sbaU aLso De oovaed by tfds SeFurity
<br /> _�` � iffitmmait. /W o�tbe fonegoi�is ietertod to in tltis Sea�rity'Irattoma�t as ths'PtoptRy.'
<br /> — HORROWER 00'VErTANTS tl�t Bac�ower is lawfally seised nf the est�c hec�eby coaveyed aad bas the right to g�aat aod
<br /> �� � :- oonveyr the Pmpeity and that the Pmpe�tY is�ea�i�e�ed.G�for cncumbranccs of record. Borrower wanants and vvitl _
<br /> � : � defqd geoeially tbe dde to tLe PiopeRY ag�ia�t all ctaims aod dert�nds.subject to aay cocum6rances of znsord. ,
<br /> : :' ' THIS SF.CtTRifY INSl'titIMEN7'ooca8iaes un[fonn coveaaats for a�tiooal use and aan-uniform caven�nts with limited . _ -
<br /> •��• _� . � - - --
<br /> -- - - vati�tions hyr jut�sdiet�to c,onstinue a unifo�m s�writy fnsuiunmt mvering ceal propenY-
<br /> -� � rtTMFORM COVENAN7�.Bazrnaret and l.ender'cove�nt and'agree as foltows: . ��=
<br /> :p:'�. and La�e Ch�es. Borro�rer st�all PromptlY PaY when due dK �: -�
<br /> � `: ¢aa;� ; i.Y�y�ast at Pe�cipd aid ta�;Pnp�Ym�E — =
<br /> "..-�`'<`, � principai of aod i�nterest on tbe debt evideacod by tbe Nae aad anY PrepaYment and lata chatges due under the Note. :,.�,�_
<br />. . W'��_ �- 2.Fmds.�oo Taies ad L�saeoe.Se�ject m�ppticablc faw or to a writtea.waiver by Lender,Borrovuer sl�li pay w
<br /> _ � ��.. '. Iadec on the day moadtlY P$Y��ce due under tbe Note,d�w'I the.Note is paid in full.a sam t'��mds')foc:ta)YeytiY tues ��'_ -_
<br /> ;,�°�_; : .. atd�afiie6 may�ttaia priority over ttus Security Inmumeat as a lica on the P�operty;(b)Yea�ty Ieasebo/d p�yments . _�_-
<br /> .=1��=^�'� or g r o u n d reats�t h e P c o p a t y,�f a n Y:t�)Y�Y��P�n Y�r a a c e p re m i w n s:(d}Y e a r l y t t o a d insuraace p�emiums. °�'���'-
<br /> r:_;: .• -�-:
<br /> �:: if wy;(e?Y�Y��SaSe insunoce p�miwns,if any;and Ifl�S►��PaYabte by Borrower to Lender,in a000rdanc�with . _ M1:.
<br />, :. :,-�:-.`�� tbe provis�oaa of par�ap6 8,in 1iw of d�e payment of mortgage iawr�nce pnemiwns.Tl�se iteins m called'Esc�xc iter�.' - ,�.,,,,�,.:'�r__��=r'��: :
<br /> _ ' :,� Lmder may,at any time,ooite�x and 6oW Funds in an aTriount not to exceed the aoaximum amoant a t e n d e r for a f e d e r a}t y v� � -���z
<br /> iel�tod.mortgage toau may iequire for BottowePs cscrow account under tlie federal Reat F.state Seulement Ptocedores Act of ��=�
<br /> '� • 1974 as�meoded frow Ume�to time, 12 U.S_e.Sectinn 2601 d stq. ('RFSPA").unless anott�eqtaw that applies to the Funds •�
<br /> '��`�•.. `�}'' sets a lesser�mount. If so.l�eader may,aE.ai�+`time,oollect and hoid Fw�ds in an amo�uft not to ezceed tbe tesscr atr�ouai. .• --
<br /> . `� ` • Lmdes mag e�e tLe amoont of Funci�d��tt�e,b�of current data anc!reasonable estimates of expeaditurez of fuwna _
<br /> .-� - -:` Fs�aw itetr�c or othe�wise ia accordance c��[i�.�pQlicable law. - r. .� ` .-
<br /> ':; The Funds shall 6e hetd in 9n i�o�whose deposits are iasured by a fedei-st ageni.y. instrumeMality. or entity � �' �
<br /> ' ='� � ("u�ciuding I.ea�der.if L�ender i�au�i an.iusittiii+on)or im an Federal Home Laan fi�der.shalt apply the Funds to pay the ' ._
<br /> Y ��;; .. .+�
<br /> . '� � _�• ' , Escrow ItemS.ixnder mav rsr'a��::�,��atsv�:�'for holding uxf app[ying the Funds,.anndall�r;�alyzing the escrow account,or . .`. ._ .�_�
<br /> . ._ :�.� �.: , ��Ag the Esc�•�t�.��ss t.edd�.��s Bocsowec isuerest Qn the Funds aud applica6le[�pem�its lender to make such . ....
<br /> . ,r>� . , a charge.Hoa�vz�r:��.ea�ec sr:�.ry�qa€m H��wer to pay a onc-time charge for an indcpendent•iraE estatc tax reporting service �' . --
<br /> � , < .�Hy I�nde�:sis�,rnn�e�a���tls this toan, unless applicabte law provides ot�cwise. Untess an agrecment is made ar ` �
<br /> #t!�
<br /> • • � � . �.I:�b}e law zz�-=..•res int�'co be paid.�ender shall not be required to pay BorraRer any intcrest or easmn�s on the Funds. .. . . '.� •
<br /> . .` .�:rower aad G�3et may agree in wciui��awever.that interest shalL�Se paid aa t�he:Funds.leader sha11 give to Borrower, •� ' : ., t
<br /> ':i`,... `
<br />. ',',�.� � . �`:'a�ithout chaige;:a�annual accounting'cf ch�:�'unds.showing credits�:�ts to the Funds aR�t�se purpase for which.� : • � ~,.,
<br /> . • cfi�5it to the Funds was made.The Fun�sa:�ptedged as�additiaaal secu�tC�t"oF a11:�s secured try r,�is Secudty tasuum�e� ' . �:�;��,� ;•4
<br /> . If the Funds hetd by�,�.�x�'the amounts permitted to be held Tiy appti�ie iaw,Leader shall accau.��Scrrn�c�; - , ` ' ;'� .''
<br /> `'f�°. . ::-- -�= - �v�c.::h e eacess Fu n d s in a�::r n:�;i'.�.:�e r c q u i r e m e n t s o f a p p l i c a h t e laa.If the amaunt.of the Faads hetd t ry F,c�e;a.�r at auy ��:•�;a�" '� -.; `��`
<br /> . . ., _
<br /> . . ; . _
<br /> ` ` � �_ ;_•,�,: . tiine is nat sufficient to pay t�r���ru�'�r.'�.c when due,l.ender may sa uotify�orrawer in writing,and,in such ease Borrawer, j � . � _:'�,•..�;
<br /> - __ _T- __-_ . shall pay to Lender the amauac�ssacg u�?�make up the deficieacy_T3�n.ower shall make up the defcciency in no more thau � � _ j,�., :;
<br /> y P Y r .��. . .-.-:,:--
<br /> tweivc monthl a ments,at .�..;r s a�.d�.-��retion. ..;. � � r.
<br /> Upon paymcmt in full a�E;;i"i sums s,z4�red by,this Security in�tr„ment. I.endcr shall pramptly rcfund to Barrawer any j ;�
<br /> Funds held by Lender.If.ur.�s pz`agraph 21,Lender sh;1C acquirc or scll thc Property.Lendcr.prior to the acquisition or sa/e ; �
<br /> of the Properey.shall apply z�.��nnds held by l.ender��-:�:-ne e€t quisition or sale s�s a credit against the sums secured by i . _ r,.�,.
<br /> •. . this Secvrity Instrument. ' ` . ! .,. .
<br /> � . �ci<::,.:•4�.
<br /> '`�'i:,j�, 3.Application af Payments.llnlcss�++p`i:able iau•g.rovidcs ocb.��ise,all p,�ymen�s tcceived by l.ender under paragraphs • ;f:�?��„
<br /> ,���s�r.,
<br /> ' l and 2 shall 6e applied: fir�r's ro anY prcpa��c�t a'izr����ue under the Note; second,ta am�unts payablc under paraaragis 2; ; r,;:•j ,`
<br /> ', �';'I�� � tt�c�,to intcrest duc:faurtis.r,��rincipal C�sy:and Iz�.�y any latc chargcs duc under�hc Notc. - ? � �
<br /> ' , `�"� , 4.Clwrges;I.ietts.Bar:�HCr shall�:����;Z taxcs,m.,essmcnts.chargcs. lir.��+a,'r,t impotiitions apributable ta L��:Pro^�em, .. } , :. •
<br /> which may attain priarity ovcr this Seca�::��--strtmtcnt, and lc�aschold pa}m�ntti t�r ground ren�s, if any. Borrawcr shall�j ; "' ��'i.',
<br /> �;;; �� ' `�.�� . gations in thc manner ravided;�ia:��a ra b 2,ar if not dtlt C�F G`.i3E•^_taitK►T.Bonower tih�ti a them on time dir�c.t!, ! . � �"`��
<br /> , ,:, these obli p [+--.S P P' P Y 3 .
<br /> �`` ' � . ta the person owcd payment.��r:�wer�Ir�::.�romptly fumish to I.cndc�4(�ac�i:ces cf:�cnount.r tu�:�aid undcr this paragra��. ` •�' - s .: .. � ,
<br /> ' � � l£Borrower malces these pa,n�:s direetic�. &mower slizll.pramptly Curni+h to Lerz�:m receipts evi�eneing thr pz�;c�ents.
<br /> ' • . Borrower 56a11 promp�ly w:3charge�',.'.icn which I;as priority a�:cr.this�5c�urity �nstrument untesc Barra��e.r.:'•al agrees;�• . � • _ �
<br /> � ';::•' ��ting ta thc paymcnt of thc obligation s,�:v,r.'�d by thc ticn in a mannt-r'a�cccptvblc t��l.cndcr.(b�rontests in gu�rd;°e:th the�ie� ,. � ,_
<br /> ' by, or defends against enforcement of�i�.���rn in. Icgal paH:ecdir.g+�hich in thc l.endcr's opininn operate.:o �icvc�: rhr '. _ _ , ;.`..�;�
<br /> en67reement of the lien:ar(cfi seeares i'r�r;c E;,�e holder nf the licn un agr�ement satisi'actory ta l.ender suh��rdir.ari-�ehe lie�io� , •
<br /> ! • tli�s Sccurity Instrument. tf G.,�;;art dctcr*i;:�ev ihat anp �ari��f'thc Pri�perty i�,ubjc�T t��a licn which muy attaiR�Sriority ovet ' , .
<br /> it.:::Sccurity lnstrument,d�:r,��inay giti��G-`r���wcr a�u�ux idcntifying thr licn.B�►rrawcr+hall s•rtisf� thc ticn�r talcc anc or, '�;, .'.• .
<br /> ' ' more af Ihc ar��;r:set fvt::::f�ovr wi�hin i'���:ti:tti c.f d�r giving uf:���t:cc. �
<br /> � � Fam 3028 9/� • '
<br /> � . � �,r;,t.
<br /> . . ' � P�2tfd . . . • � �� �
<br /> i . . .
<br /> , •
<br /> � .
<br /> :�- _ " - , • .
<br /> .
<br /> , • . •
<br /> _ . _ , _ . � _ _ ' . -
<br /> , . �
<br /> .. . � _ '
<br /> , t �. . � .. � . • . r .
<br />
|