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93109753
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Last modified
3/9/2012 9:17:07 AM
Creation date
10/21/2005 1:26:38 AM
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DEEDS
Inst Number
93109753
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��� .� � l• :-LL'�� <br /> �'_- � 5 � <br /> ;��� <br /> ..___ _" l__.� _ - T._ _ _"' <br /> 'In06THBR WITH dl the improvana�u aow or hero�fter erorted on the prop��nd��ri�ttr� <br /> - appotta�t�a,renu,myai[iea.minerai.oii ari sa.ri�ida,u.�jauf8��x�cr riQhts arA�t�:s.�J!!ls��s narr e+r hem.Rer• _ <br /> put af the prupp'ty. All �epl�amer»t md�dditlons�lWI tlw be ooveeed by tW�Secvrlty L�aw�t. IW of Ib�tayoia�1� <br /> �fand W in this S�airlty ItMtrumaK�t the"P�oparty.•• <br /> HORRUWER COVBNANTS that Horrow�•r is I�wfully�ei�ed of the euate hereby convcyal and h�tho�i�ht ta�nr�t and <br /> convey the ProQ..�ty and tl�t the Property is u�ncumbered,exaept tor encurt�bnnca uf reoond. Bo�mrr�wrrrmts md wW <br /> —� _ delad�er�er�lty tt�atk a tbe Proporty�ainst all claims anl dern�r�.wbjati w any axwnbr�uxx�ut'rax�tl. <br /> 1. P�yment af Ri�cfpd.Wa�at and l.ate Cfu�e.Borrower�hall pry when due the Qrincipat uf.and tatercst on.t6e <br /> dobt evidenoed by the NAte and late d�a due under the Nato. <br /> 2. Moothly Pl�ya�ent�ot Taxei, lawraace �nd Other Ch�t�a. Horcower shail include in rach monthlY WY��• <br /> — togdher with the principal and intercst�s bct forth in the Natc ud any I�te chur1tes.�n inst�llmern of uny 1+�)wces�uxl sp�c:Ial <br /> auessments leviod or to be levied ag�inst the Property. (b) lca�etwld payme�us or ground renta at tlw,Propc�ty. uK1 (c) <br /> p�rmiums for inwr�nce requirat by par�graph 4. <br /> Fach monthly iastaliment for items(a)�(b).and(c)siWl oqu�l one-twelfth of the annual�unounts.as r+easwwbly estimued <br /> by Lendor,pius ar►vnount sufficient to rtwintain an additian�l bal�noe of not morc thxn one-sixth of the extirtwtad amounts.The <br /> �r� fu11 annual amount for each item shall be accumulated by Lender within a pe�iod ending one month beforc an item would <br /> bemrtx deJinquent. Lender s1w11 hold the Arnountc collected in wu to pay ituns (a), (b). and (c) before they beeonK <br /> delinquent. <br /> If at any time the total of the payments held by Lender for itemv (a), (b). and (c), togcther with the futurc monthly <br /> . paymen�5 for such item.�payable to Lender prior to the due dates of such iteYm,exroads by more than one-siath tho estitn�ted <br /> art�ount of p;►yments required to pay such items when due.and if pAymeots on the Note are current, thet► Lende�shall either <br /> rcfund the�exass ovcr one-sixth of the estimated payme�ts or crodit tt�e excess over one-sixth of the atimated payments to <br /> subsequent paymcnts by Borrowu,at the option of Borrower. If the totyt of the payments made by Sorrower for itcm(a),(b). <br /> or (c) is insufficient to pay the item when due, then Borrower slmll pay to Lender any amount naessary to rt�ake up the <br /> deficiency an or beforo tFic date the item beooma due. <br />_�; � � As used in this Secutity It�snument. "Sccretary" means the Secretary of Housing and Urban Aevelopmcnt or his or her <br /> designoe. In any year in which the Lender must pay a mortgage invurance premium to the Secrctary, each monthly pay�ment <br /> ahnll also include either: (i)an installment of the annual mortgage insurunce pmmium to be paid by I.eider to the SecreGUy,or <br />:��'z (ii) a monthly rharge inuead uf a snortgage insurance premium if this Securiry Instrument is hcld b�r the Secretary. F.c�ch <br /> -��;:Y,t� monthly installment of the nwrtgage insuraixe prentium shall be in an artxwnt wfticient to accumulate the full annual mortgage <br />- insurance premium with Lender nne month prior to thc ds�tc thc full annual mortgage insurance prcmium is dua to the Secretary, <br />
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