|
_ �i : - - - _ _:�_. _ - - ` . � . . �: � _ -
<br /> — � � _ �;... _, _ . . . �t �_ _ -
<br /> ..
<br /> .. .. ..
<br /> .�— { -:�r��: _ . .:.. ... __-
<br /> , . . . ..
<br /> ,. - - - --- -- , -- .__. -
<br /> - ---- - ._.�
<br /> , , r �-. .. -�--.
<br /> � __�. -- _ _ s _. . . _
<br /> ` ���� - � � , _ .
<br /> ,�� f - �<� � . . � _ _ _
<br /> _ - . -- _ _ � _ , . -. -: � ._ ` -. - .- :�,:: ?91"'��8 3 - � .
<br /> - � - = 't�OGERiFR wmt�I�md i�ovemeats aow or e��naRer'c�ectea oa tLe p�Y•�i3 au essemea�.aej�nrt�nces•
<br /> - nnd fixnn�es arnv�hen�ftet a p�at of tt�pmpeiry. AIl r�aaanmts aad�dditioas shati also be coveted Dy this Sa�urFty '
<br /> = Inst�wTxa�� All of the fixegoing is:efened to in dtis Secutity instrwnent as the"Propercy." �
<br /> = BURR�WE[t COVENAN7`S that BoROVrer is lawfu{ty seised uF ti�e esate hereby can�eged and has the right to grant • �
<br /> - and convey the Ptoperty and tt�at the P�opecty is�mencumbered.eaoepc for encumbra�ce+of�ecord. Barow�er arartapts and _-
<br /> .._ an'ti defend$eoer�IY tbe titk to the Ptoperty�all claims and danands.subject to any encwmb�ances of ceco�d. -
<br /> _ �THIS SF.CIIR1Tli INS'[RU1�NT combid�es anit'aaa covenanu�for natianmi �e atM non-urdform oavenants witL . ` "�_-:
<br /> - - ----- _ _= iimiud variatians by jurisdiction to constituu a unifmm security insapmeat covering reat gmPcrtY- _ _---_ __�_
<br /> = IJNJFQRM C�OVEN�Ni'S. Barower and i.cnder rncenam and agree as fotlows: ' . �; � -
<br /> - r- 1. : pl�yqie�t d Pri�dpal sod intece.d:PreW]t�aeet aad Late CAarges. Barr�arer shatt R�P�Y PaY wfieR due the � �� _�
<br />- principal o��nd inta+est on the debt evidaxed by tlse Note and anY PreFaYment and late charges�ue under tbe Note. Y �_
<br /> ' - 2. �„FiiNds far T�es a�d l�rs� Subject m�ppCqbie laa ar to a wriwen waivtr by Lender.Borrower sGaB pay to ��
<br />-.. Lepd�(iii4i the day monthlY paYmenis arr due under the 1�iot�unti'1 the Nae is paid in ful1.a sum("Fimds 1 for.fa)y�Y. -='--
<br /> tax�.s�nd assessments which may auain prtorily over this Secnrity L►stivment as a lien an the Ptop�zty:lb)Yearly leasehold '��-�.—
<br /> i��_--_-.�.
<br /> � _.,�1�5'��a 8�� ren[s on d�e Pioperty. if am, tc)Year1Y l�a�ard°r P�P�Y ��u�P�wns:idl Y�Y flO°� = �: -
<br /> -�.�y _ insur+t�e premiams. if any:le)yeaz19 mortBaSe in�r�e Picmiwas,if any;and ff�ac�Y �P�Yabte by Bortower to , �.,� �--.
<br /> i,e�d�r in acco�ance witt�ihe prav�siais of paiagraph 8.ir�C�of the payment of mortgage inwrance pcemiums. 7i�se < > �
<br />,:;,;:r�. _ �.�� _ .
<br /> • `:� .. iums.air called°Escr�nw ite�ns." L.ender may.at any[ime.coAec�and hold FundS in an amoupt twt to eaceed the maxin�t F,.• �.
<br /> . �;•; amouat a tender far a federaily nelate�inprtgage toan may ceq�r for Borrower's e�ciaw account under the federal E� Y�.:.,�_:
<br />' �: . Estate Settlement Procedures Act of 1974 as an�d from time'to time.l2 US.0§2b01 et seq.l"ftESPA"►.unless atrother: � ��`�',�6,
<br /> . . - , ' la�v.that applies to tbe Fundc�ets a tesser arm�tt�t. If so.ixnder may,at aay tim�coltect and hold Funds in an amount aot ta . . __
<br /> exceect ihc lesser amount. Lender may esamate che amounc of Cvnds due on ihe basis..aF cu�rent data and reawna6le. . .
<br /> � ., :: estimates of expenditwes of funue Esrrow Items or otl�wise in accordance�uith appiicahte taw. . • t� . -___,
<br /> � . -,: • 'Ibe Funds shaii be held in an institution whose dcposits are insumd by a federai agency.insuumentatity.or erary _
<br /> . < ti�� . (including l.cnder.if Lender is sach an instiwdon)or in any Frderal Home iloa�s Banic. Lender shali apply the Funds to pay ' 1��__
<br /> "�:'=�.`. : thee Escmw Ite�ns. Lencter may not chazge Bomower for Iwlding and appfaiag tde Funds.annuatly anaiyzing the escnow _ ..--_A
<br /> '�. � • .= xcoun�or verifying the Escrow Ite�ru.unless Lender pays Borrower inc���on t h e F un d s an d app l i a►b le ta�r permiu _ . _,.x
<br /> ' ' • �r Lender to malce such a charge. Hawever.Lertder may require Borrower tv Qag�a one-time charge for an independent rea{ , : :^��-�.
<br /> � .:�,...�.. . , �'-
<br /> .,a.- r � - - esrafe taa reporting service used by Lender in camrection with this loan.uniess appticable tav�provides othe:wisc. Unless an _�. y�
<br />' .;�r u , � •. agreement is made ar apQlicable law•rr�uires inie�est to be paid.Lender shaIT�ct be rrqu"s�i to pay Borrower arty interest or . 1�,.;yLt�=.'�'�e c::
<br /> . ,-�Y . •'' • eamings on the Funds. Borrower and.�derufaf agree in wnting,howevec��interest shal16e paid on the Fundc. Lender ,;�.' ,`�;;:rir4�''?t`.:�'�'
<br /> . " � ' ' shall give ta Barrower.withoul charge,acFatrrt�acrounqng of[he Funds,.�ta:ri�ciag credits and de6its ta the Funds and the • :.��r:,:r y •�4.
<br />�. � ` . purpose for which each debit to the Funds was c�.�de. The Funds are pledgeir�addiuonal security for aq sums secured by .�• �.� �,. , � •�_�
<br /> '�' � , _ ihis SeQmty lnsttumenL � •` !� ',� `�;Y °�: ''• •�':°
<br /> ` • tf"the Furtds heiA by Lender exceed the a.=nounts pertmszed to 6e held 6y applicable law. Lende►shall account to �"'t, `•"�f='';�,;�-
<br /> _:�i;i, � • '7ti'''�:�;` --
<br /> ' ' • • Borrower for the exees�Funds in accordance s�."'��s the requirements af applicable law. If the amount oi the Funds helct hy .� f. ���-
<br /> ��.�� � � - Lender ai any time is not sufficient t�pay the E;�,�row Items when due,L,eader may so notify Borrower in writing,artd,iu� . ,�.��f�;.;�
<br /> • sucb case Boaower sfiaQ pay to Lender ihe zc�unt necessary to make up�he deficiency. Horrower shall make up tl�re �� .
<br /> defcciency in no more than tweive monthly payments.at I.ender's•sole discretion. • �
<br /> .. : : . . ��
<br /> � --���-----�-'�- - Eipon payrncnt in fu!!of all sums secured t�y this 5ecevity Ieuueuneat.Lender sha�}promptly refi►nd to Bnaowec any �' I___, __ _ �-_
<br /> l = I�nds held by i,ender. If.under paragraph 21.Lender shall acquirc or scll the Property.Lender.priar to the acquisition or r. `�.
<br /> � sale of the Propeny,shall apply any Funds hcld by Lendet at the time of acquicition ar s:`e as a credit against the sums ,,�;, '+
<br /> ' . 1 strument. '�T ' . °
<br /> , secured by this Secunty n �
<br /> � • . 3. Applic.ation of Payments. llnless applicable law providcs othen�ise,ali payments receive�f by l.ender under +;, ; . • -
<br /> � � Qaragraphs 1 anQ 2 shall be applied:first.ta any prepayment chargey due under the Nate:second.to amoants payabte under • .- _
<br /> 5 ,. paragraph 2:third.to interect due:faurth.to principal due:and latit,to any late charges due under the Note, ••;;;,,.. --
<br /> �-` ' � 4. ChArge.v: Liens. Borrawer shall a all taxcs, ati�essmcnts,char es. Gnes and im sitions attri6utabte c�'!�e ' `<<''%r, �
<br /> ' P Y S P°� ,.,f:c� .
<br /> � �, .�• `` Properry which may ariain priority over this 5ccurity Instrumcm.and tea+ehotd payments ar_ground rents,if any. Ba,�w�r . _
<br /> ��r� , shall pay these abliaations in the maaner provided"m paragraph 2.�+c ii'not paid in that manner.Barrower si�a11 pay t.µ,.ot� . . .. . _
<br /> ,�f;;t. . � • , time directly to the pahon owcd pa�rment. eorrower shall prompqy fumi�h to l.ender aU notices of amoune�to tie pa:d'G:tder .
<br />• '. `'- this paragraph. lf Sarrawer makcx thesc payments direcUy.Barrowcr shall promptty fomi�h to Lender n�:eipts ey��sing ��;
<br /> .,�-_.= the Qaymenxc. . ,.. ;
<br /> �'��� Bortowcr shall promptly dircharge any lien which has priarity��YCr thiti SeCUrity lntitrumcnt untess Barrower.�(a►•�ees -
<br /> . ���`'r..; �_- •
<br /> . ;!s.•, ln writing ta the payment of the obligatian secured by the lien in a m�nr►er acceptable to Lender,(b>contes�s in gao�ba:15 the � .,,� ,�
<br /> ' . ",•• ' • lien by.or deCends agaimt enforcement oP thc licn in,lcgal pr�xcedings which in the Lender's opinion operate tv prevent the '�-�,
<br /> ''' ' ` � enforcement of the tiw�:or(c)secureti Gom the holder af the lien an agrcertnxt 4atiyfactory to Lendec secEetdinating the lien ,
<br /> � . .. ,.�..
<br /> . ,„� . to this Securiry lrts��._:.tr:t. If��er determine�1hAt any pan af the 1'rop��is tiubjcct to a lien which may attain priority �,, _:.�;:� , , !
<br /> �r
<br /> � . over tdtis Secunty t.^.:�lrumer.t,i.e��r may givc�orrowcr a nolicc idcnNfyir.�;�e tien. Be.-c�wer shali satisfy thc lien or take � • t,.'..:..,;�.
<br />. � ._ <.',:'-:,;•. • �,r,;:! �% .
<br /> one or.sr:ore of the actions set fo�ti�abave within tU day�af the giving of naiice �;;�:� .
<br /> • , 5. ��zard�x Froperty Insurance. Banowcr�hal1�e�the impro�emcntc naw cxi�ting or hereaftcr crected on thc � . .
<br /> • ' • . Prope:ty insured a���:��t loss by firr.hazards inct�ded w�it8in tite tertn"extc�;,,'cd covcrage"and any othcr haiards,induding �
<br /> � •;, � ' Qoods or floodis��,for which Lende�requires i=.5�rance. 'fi'�i,i�s�u:a�cr �',u:l he maintained in the amaunts and for �he • �
<br /> � . 1
<br /> � , ;,i., � , , inrm 3028 9190 ���.cP z�,Jhrur�.0 � .
<br /> �.. , � . `"'`� �
<br /> , �'t c:
<br /> � . . i . ..
<br /> . . , � ,�i� , .
<br /> .;: ' , %�:' • .
<br /> �;,.:. . . • . ' , ' ' .
<br /> ___ . . .. ' , � � - - . . . �� � _ .-
<br /> .. :-^._ — ., -_ , J� � -� .
<br /> . .. . . .. . . lf .. . ' . • .. .. _ . a_ . . " � . _ '
<br /> . . . .. . �. . . ,_1 � .. " . . . . � .
<br /> • ,�i� .
<br /> . , � �' ,•',- .�i. . � ' • ' � .��
<br /> . 1 . �
<br /> , �
<br /> ., . ..� .' 4'� . .
<br /> . . s�:`.�i . fJI � . � . 'i _ • L
<br /> r
<br /> .i .
<br /> . '
<br /> � :—•�-1,..._.t. __.._._�, S- - .., . , - -----°-- . -�-—-----* -�-� -- :'�-_ ' -. -
<br /> .
<br /> �'
<br /> .;
<br /> ... „-"-_..' --�. ._.; - ��� --._._^ . _ ._-- - - "'. '-"- -- - - - '-'- --' -•'-- -'--'- � _.
<br /> � � �. , . .. ` ".T,; __. , � . � . , . . ' . . . . , : ,,•' . ..
<br /> . . � . .. - � �} � ' � - � . . . .:. � .
<br />, . .. . . . ...�k � . . _. . ' ' ___• . _ . .. . " .. . __ - .. . . . ;t':.. . . .
<br /> _. - - ` � . • . .. . .. , • . � .. _
<br /> .� . . . . � - �.. t �
<br /> ,• t
<br /> a � . . . _. _...
<br /> � { ' _ . � .. _ . ..._. . _ ____.
<br />
|