|
,Y�- ����,'�'f`�� tr , r' ' 'V;�14...=T'
<br /> . . `"a"ti. .. :-=�'-:•
<br /> : .. . ._.
<br /> . . �, . . -
<br /> -� .�
<br /> 93 ,�o��
<br /> TO(lETHER WITH�II the improvemem�aaw or t�ercAQer cr�v:ted un the pr�xtly.und�II ca►ements,up{wrtenanres,
<br /> _------ - anc!fixtsrr aotv as'l�esraRer e p�rt�f'the pmperty. AU rcpl�ements und additionc shuli ufao be covered by this 5ecurhy
<br /> Insavmcnt. AI!of the foreyoin�is rcfcrred to M this Security Instrument ux thc"Property."
<br /> BORROWER COVENANTS that Bc�rrawer is lawfully sei+kd of the exl�te hereby conveycd wa1 has the ri�ht to grxnt
<br /> and convey the Propeny and thAt tlx Propeny is unencumbercd,exeept for encumbrarices of record. Borrower wArcantr rnd
<br /> will defend gene�nlly the Nde to the Property��ainst all rlaims and demands,�ubject to any eru:umix�nces of rocord.
<br /> -- THIS SECURITY INSTRIfMBNT combines unifcxm covenants: for national use and non•uniform covenw�t� with
<br /> � _� limikd vArfations by jutisdiction to constiwte a uniform securiry insuu�nent cuvering rexl pro�rty. -�
<br /> • UNIFORM COVENAN'fS. BoROwer and Lendcr covcnant und ugree as follows:
<br /> -:,,-� — 1. Payment of Priacipwl wnd Interea�ti Ptepayment and Lrte Char�a. Borrower�hull promptly p:►y when duc the
<br /> principal af and intercst on the debt evidenced by the Note and any prcpayment and late charges due undcr the Note.
<br /> _ 2. �nds for 71�xes and Insurance. Subject to upplicable law or to a written w•river by l.ender,Borrower shall pay to
<br /> Lcnder on the day manthly payments sue due under the Note,until the Note is puid in tull,n sum("Funds')for:(s�)yearly
<br /> - -------- taxes end assessments which may atu►in priocity over this Security Instniment as a lien on the Property:(b)yearly leasehold
<br /> payments or ground rents on the Propeny, if uny; (c) yearly hacard or property insurance premiums; Id) yeurly tlood -
<br /> insurance premiums,if any: (e) yearly mortgs+ge insuronce premiums, if nny; and (� any sums payable by Borrowcr to
<br /> �;.� ------ Lender,in accordance with the provisions of paragraph 8,in lieu of the payment of mortgage insurance premiums. These
<br /> items are called"Escrow Item.+•." l.ender may,at any time,coQect und hold Funds in:►n amount not to exceed the mpximum
<br /> - amount a lender for a federally ret�ted mangage loan may require for Borrower's escrow account under the federul Reul
<br />•�;: Estate Settlement Proce�turea Act of 1974 as amended from time to time, 12 t 1.S.t'.§2h01 rt seq.("RESPA").unless another �
<br />- _�� ' law that applies ro the Funds sets a lesscr amaunt. If so.l.ender may,ut any time.collect and hold Funds in un amount not to
<br /> , �,�:,",�.,,,�►• excec.�i the lesser atnount. l.ender may cstimatc the amount of Fvnds duc on the bacis of curtent daw and reasonable _
<br /> •�� • estimates of expenditures of future Escrow Items or otherwise in accordancc with applicnble law.
<br /> ` The Funds shall be held tn an institution whose dcposits are insured by a fedcral agency. inswmentaliry, or entity
<br /> `�'�:=.���,� �`� (including L.ender,if Lender is such an institution)or in any Federal Home Loan Hank. Lender shall appiy the Funds to pay
<br /> ' ~ the Escrow Items. Lender may not charge Borrower for holding and applyin� the Funds, annuaily analyzing the escrow -
<br /> account,ar verifying the Escrow Items. unless Lender pays Borrower interest on the Funds and applicable law permits
<br /> � � Lender to make such a charge. However. Lender may n�quire Borrower to pay a one-time charge for an independent real
<br /> • . ��.� estate tax rcportins service used by Lender in connectian with this loun.unless applicnble law provides otherwise. Unless an
<br /> agrcement is made or applicable Iaw requires i�terest to be paid.Lender shall not be required to pay Borrawer nny interest or
<br /> eamings on the Funds. Borruwer and Lender may agree in writing,however.thut interest shall be paid on the Funds. Lender
<br /> - shall give to Borrower,without charge,an annual accounting of the Funds, showing crediGc and debits to the Funds and the
<br /> 1 purpose for which cach debit to the Funds was made. The Flmds are pledged as additional security for all sums secured by
<br /> ' : �;� this Security Inswmelu.
<br /> - ��,�,`�,y{5+�.:��:;"� If the Funds held by Lender exceed the amounts permitted to be heid by appiicabte iaw. Lcndcr shall accouns to
<br /> �"'.�.�+�����•=� '" Barrower for the excess Funds in accordance with thc requirements of ypplicable law. If the ama�nt of the Funds held by
<br /> - �,��T.. Y4�e•n°:
<br /> �, ,�,,N>�t"�� ` Lender at any time is not sufficient to pay the Escrow Items when due,Lender may so notify Bamwer in writing,and.in
<br /> �:. �..� � � such case Borrower shall pay to Lender the umount necessary to muke up the deficiency. Borrower shall make up the
<br /> 'V�Y'•.<�����.�•� � deficiency in no more thun twelve monthly payments,ut I.ender's sole discretion.
<br /> �:':�"?ti':"' �"" U n u ment in full af all xums aecured by this Security Instrument,Lender shall promptty refund to Borrawer any
<br /> .; a�. �:.�tr�r- P� P Y
<br /> ' �A����. .,��. . Fund�tu�ld hy T.ende�. [f,under paraRraPh?1,Lender shull acquire or sell the Property.Lender,prior to the acquisition or
<br />�. +[,•;;.� � •.f.,� sale of the Property,shaq apply s�r►y Funds held by Lender at tl�e ume of acqu�sition or sate as a credit against thc bmur -
<br /> '�� ��, ••• secured by this Security Instrument.
<br /> ,: , T�„,;..,
<br /> `� � �-��-.�.w�,q:: 3. Applicatbn of Payments. Unless applicablc law provides otherwise, all payments received by Lender under
<br /> 6=��- �'n�'. �•. � .4f4,,. paragraphs I and 2 shall be applied:firtit,to any prepuyment charges due under the Note:second.to s�mounts payable under -
<br /> �'��t ' •'. ' paragrnph 2;third,to intercst due;fourth,to principal due;and last,to any late charges due under the Note.
<br /> � �ii�r'�i .
<br /> ;;�;,�:;,�:;;., .. � 4. Char�es; Ltens. Borrower shall pay all taxes, assessments, charges, fines and impasitions ottributable to the
<br /> 'sa���,�;:�;:;.:,•. - Property which may attain priority over this Security Instrument.and leaxhold payments or ground rents.if any. Borrower
<br /> �;��:�:`•-. � � shall pay these obligutions in the manner provided in paragruph 2,or if not paid in that manner,Borrower shaU pay them on
<br />_ 8�i�tie„a�,,,lMqrc time direcdy to the persai owed payment. Bonower shall promptly furnish to Lender all notices of amounts to be paid under -
<br />� . � �..:. �..'..:� this parngraph. if Bomower makes these payments directly,Borrower shall promptly fumish to Lender receipts evidencing
<br /> �����'r��,��s; the payments.
<br /> r Borrower shall promptly discharge any lien which has priority over this Security lnstrument unless Bortower:(a)agrees
<br /> ��'.� ���� in writing to the payment of the obligation secured by the lien in u munner ucceptuble to Lendcr,tb)cantests in gaod faith the
<br /> �`� ;x'>�:�`:�,.Y+ lien by,or defends agninst enforcement of the lien in,legal proceedings which in the Lendcr's opinion operate to prevent the
<br />_�' . --�
<br /> enforcement of the lien;or(c)secures from the holder of the lien an agreement�atisfactory to Lender subordinuting the lien
<br />_,. ,�, ..�""�", to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which may attain priority �
<br /> - - - over this Security Instrument,Lender may give Borrower u notice identifying the lien. Borrower shall satisfy the lien or take
<br /> ' one or more of the actions set forth above within 10 days of the giving of notice.
<br />_Y..� �.,^ ':;.;-:� S. Razord or Property InsurAnce. Botrower shall keep the improvements now existing or hereafter erected on the _
<br />__ fw-� Property insured against loss by fire,hazards included within the term"extended coverage"and any other hautrds,including _
<br /> ��� floods or flooding,for which Lender requircs insurance. This insurunce shatl be maintained in the amounts and for the F
<br /> -"��"� j Form 3028 l/90 lpaRe 2 of 6 paxes! +-
<br /> 4:�
<br /> „-�rr,r.- ,--, ��,. vTr. --r+ss� - ,�-�c__"_._..—:
<br /> . :-rw�r.+FC-=.-. , � e�r.-•r_ t ?`�i , y:' ;.r• pyM'•�,�'�� �.�,. ._. ..
<br /> _- A.Tdt a6- . - � � t• . ' - •• ,r'9 ' .�� lmcd �.L�:i.r'. . -' ..
<br /> .— _ ..i'V j�v' '`' ' ' �, ' a � •" - .
<br /> — -- -'-- -,�,�ve.�rrta.v.l..z...�_.�..Lw¢oe,.,d.-- _`_'-`.��a Jx� �'u�_ _erl5..�1:,�.e[� ��•a�-
<br /> �-- -- .. --------- - — -- �._.
<br /> -- ---- . .. -. � ._.--�-. .. ��:-�,-.- �:-..,,.:..�.frw..w>s�.r.c� a - -� c _ .._._.
<br /> ' _`�srjx..u_ ..' . . ' ' . _ :•.^tY=.N=.:�.11i. .. ;. ... ' � .
<br /> �V�R � •
<br /> �nitra,�.Yaa.�.n . . . • :;r^ta;Rr..�� � ,:bR: .. . � . . . -
<br /> ' "�,.�• / . y -� �.' �- •W ;�;,�N a �;;�v' _ .,. .
<br /> ``�L.�i�j 1-�_J � . .] ..Iy LQI.HTrP�`y r {� -�"^ 1t�.
<br /> —_. 1 �,aLd+!`E� �.,.,�r.',j� _�'. .`�, 4 4 t: . ' ' ' .
<br /> �� �.,..1 _ . i,
<br /> �__.-'— �.�_='..•:�T�."!„77.Z`.f. . . . �. t. .�':.l�.sy 4� _ . . '4-f.-. ' . •. . .. .' .. . .
<br />
|