|
'. _,�� - �' a r-:
<br /> • .
<br /> , -- ! " - - -- --------�r -- --- ..r .... .
<br /> ---- - ----a..� �����. .''��"
<br /> �7V�, ��� , . --.
<br />— — Tai3�TiiER WP'i Fi�i the i�npravements raw ar here�fter craccad on thc pcoperty.�nd ait cr�cmentn,appurten�ncoi.
<br /> u�d tixturea now or hercahcr a�wt af thc property. All repl�cemenu�nd�ddlticxu rhdl dw be cov�rod by fhis S�curity
<br /> ipqrument, All af the fas�eQoina ia roferrod to in this Secudty Inurume»t a the"Propaty."
<br /> BO[tROVYER COVFNANTS that Botrowu la lawfully�ei�ed of thc t�Wte hereby conveyed�nd Fw�he d�ht to�rant
<br /> �td convey the Propaty u�d ttwt the Pmperty i�unencumberod.exapt fa encumbrancea of rocoed. 9orrower warr�uur and
<br /> wiU defend�axnlly dn dtk ta the Pr�pertY�ain�t all ctslm�and demands.wbject W any encumbraaoe�of roca+d.
<br /> - THIS SECtJRIfY IN5TRUMEIVT cambines uniform covcnen�s for nntlonal use end non•unlform coventme wfth _
<br /> Wnited vuiWons by juriadiction to conWtute a uniform�ecurity in:wrr�ent ceverin�rrat property.
<br /> UNIFORM COVENANTS. Borrower and Lenda cove�nt ud agca as foUow::
<br /> 1. PnynKpt of Priaclp�l aad Iaterest;Prepaytaent u�d Late C4ar�a. Bomnwer shall�romptly pay when dua the
<br /> prirjcipal of and interest on the debt evldenced hy the Note smd eny propxyment and late chatge�due under the Note.
<br /> 2. Fluoda tor 7kxea aod Iaauraaca Subjxt to applic�ble law or to a written wsiver by Lender,Borrower shal(pAy to
<br /> I.ender on the day monthly payments ue due under the Note.until the Nata is p�id in full,a sum("Fundc")for:(a)yearly
<br /> tues md aasessment�which t►wy attalr►pr3ozity over this Secudty Instrument ar a lion on the Property;(b)ycady le�sehald
<br /> payments or ground rents on the Praperry, If any; (c) yeucly hazard or property incutance premluma; (d) ycarly ftaad
<br /> __ ____ insurance pnemiums,if any; (e) yearly mortgage insurance premiums,if any; and(� any sums payable by Borrower to
<br /> Lender.in accocdance with thc provisions af parpgraph S,in iieu of the payment of mortgage insurance premiums. These
<br /> -- �Items ar�e cAlled"Escrow Items." Lender mav,xt any time,collect and hold Punds in an amount not to excad the maximum
<br /> - .��.�.,--- - —=-
<br /> amount a lendcr for a federally rclated mortgagc loan may require for Borrowerh escrow account undcr the federul Real
<br /> Estue Settlemcnt I�ncedures Act of 1974 as amendcd from timc to time,12 U.S.C.§2601 et seq.("RESPA"),unless arwther
<br /> ___.�_�.,_� law dwt xE►plies to the Fundc sets a lesser amount. If so.Lender may,at any Nme,collect and hold Ft�nds ia tu►amaunt not to
<br /> exceed the lesser amount. Lender may estimate the Wtnount of H►nds due on the b�sic of currcnt diva w�d re�consbie
<br /> esdmates of expenditure�of future F�crow ltcros or otherwi�e in�ccardance with�ppticable law.
<br /> 71u l�nda ih�li be held in an in�itution whose depait�are inrured by a fedcral A�ency, Imtn�maitqllty. cx omity
<br /> (includin�Lender.ff l.ender is ruch an in�:tiwtion)w in rny Feder�tl Hnnx L.oAn BAnk. l.eixlcr rhaU�pply thc�vndr to p�y
<br />- the Escrow Item�. l.ender may not chuYo Borrower far holding u�d rppiyinQ the Nnd�, wnnunlly�lyxin�the e�crow
<br /> �ccount. w veritying the Escro�+ Itemx, unlcsw I,cndcr �yr Hnrrowcr intcrext an thc Nuiulx wnd Npplicable Irw prm�itK
<br /> Lende�to m�lce�uch�ch�r�e. However.t.enckr mryrcyuiro Borruwer to p+�y�cx�e-time chwr�e fix�n Inckpetuknt rerl
<br /> ext�te tax rcportinY xervicc uz�d by I.crxkr in connccdon wlth thix Iwn.unicsn�p�ir�bic I�w pmvlder aherwixe. Unlr�x Nn
<br /> ��ra;ment 1�mad�:ar applir�blc law requirc�intercxt to bc paid,l.eoder rhall nut royuircd to pwy Borruwer any intercxt or
<br /> eunin�s an thc Rtnda. Barowcr wxf l.ender muy nyrce in wriUn�,howcvcr.that interc►t shull!x:paid on ehe Fund,:. Lender
<br /> �ludl give to Bortower.without ctu�rge.nn nnnual�cccwnting of the Funds.shawing cr+edltx and det►its to the Funds�nd the
<br /> purpoce for which each debit w the Funds was made. The Pundc are pled�ed as additional sccurity for dl sums:ecurad by
<br /> _ - thls S=curls�lnst:::mens. �
<br />=`-_ � If the Punds held by I.ender exceed the amounts permitted to be held by applicabte law. Lender shall uccount to
<br /> :� Borrower for the excess Funds in accordunce with the requirements of applicable law. lf the amount of the Funds held by
<br />- Lender at any time is not sufficient to pay the Bscrow Items when due,L,ender muy so natify Bomower in writing,and,in
<br />-� such case Borrower shall pay to Lender the amount necessary to make up the deficiency. Borrower shell make up thB
<br /> .-,i� deficlency in no more thun twelve monthly payments,at Lender's sole discration.
<br /> I I Upon payment in full of all sums secured by this Security Instrument,L.ender shali promptly refund to Borrower any
<br /> `"�� Funds held by I.ender. If,under paragraph 21,I.ender shall acquires or sell the Property,Lender,prior to the acquisition or
<br /> _ �� sale of the Property,shali apply any Funds held by Lender at the time of acquisitian or sate as a credit against the sums
<br /> "''��` secured by this Security Instrument.
<br /> =." 3. AppUcation of Ps�yments. Unless uppllcable law provides otherwise, all payments received by Lender undtr -
<br /> — psragraphs l and 2 shull be applied:first,to any prepayment charges due under the Note:sccond,to amounts payable under
<br /> - paragraph 2;thitd,to interest due;fourth,to pr�ncipal due;and last,to any latc charges due under the Note.
<br /> '>` 4. ChAr�eB; Liens. Borrower shall pay all taxes. assessments, charges,�nes and impositions anribumble to the
<br /> � � `'`�= Property which muy attain priodty over this Securiry Instrument,and leasehold paymcnts or ground rents,if any. Borrower __
<br />'�i� shall pay these obligations in thc manner provided in paragraph 2,or if not paid in thnt manner,Borrower shall pay dtem on
<br /> time dtnecdy to the gerson owed payment. Hotrou�er shsll promptly furnish io Lender all notices of smounts to bc psid under =-
<br /> _ this paragraph. If Borrower makes these payments directly,Borrower shaU promptly fumish to Lender receipts evidencing
<br /> the payments.
<br /> •"''•- � �:',�! Borrower shall promptiy discharge any lien which has priority over this Security Instrument unless Borrower:(u)agrees
<br /> •r�,:�� In writing to the payment of the obligution secured by the lien in u manner acceptnble to Lender;(b)contests in gaod faith the
<br /> - lien by,or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion operete to prevent the
<br /> ;;,t� enfoccement of the lien;or(¢)sccurcs fram the holder of the lien an agrecment satisfactory to Lender subordinating the lien
<br /> _ to this Security Instrument. If Lender detertnines that any part of the Property is subject to A lien which may attain priority �
<br /> ���n�� , over this Secucity Inswment.Lender may give Borrower a notice identifying the lien. Borrower shall sutisfy the lien or take
<br /> --�',�:� one or more af the acttons set forth above within 10 days of the givIng of notice.
<br /> ' ��� S. Hazard or Property Insurance. Borrower shall kecp thc improvements�ow cxisting ar hereaftcr erected on the
<br /> �� MT� ��''� � Propeny insured against loss by�re,hazards included within the term"extended coverage"and any other hazards,including
<br /> =-. -�--�°'�"'� floods or flooding. for which l.ender requires insurance. 'Ihis insurance shall be maintained in the amounts and for the �•
<br /> _ —
<br /> -_ - Korm so�x 9no rnox�z nfe�R�s� �
<br /> ����__
<br /> .�.'� -
<br /> - - �e
<br /> _----- �*, .� _ . �..- --- .� � , .
<br /> - - _ .%�?�'w-. -Ye,Y�.`✓�'3�� � '.� . .. ....,:�.- . �..`= '•idri.i�: ':i:.`".��°} ':'.(.::t� .�+'�)t'; �.AW-:',.�Y;: �
<br /> .r�:�aa. ��+..- . .-.a.sr�c. _7�a+sK,ss�u�r�c�h�YLd� �iis;�'�,.-sT:_.
<br /> .. _ _ _ . .y _ . :a .st . �-- 5�' �' . J��. l� LT'}RR.• �°�J�___ ._.
<br /> --- �L�, `�� �.:l7 'L1Qa7 Yt.+Y 1 [\^.�[ K��S �.' _ '
<br /> '_ ���' _ �"i �)�r� _. . . _n.woY�MII.�;�w�, `^ - . .�
<br /> -- - ',1'- . :Y.:�C��' ! `� vJi .-L
<br /> `_. 4.. rtr...• �,,y�,
<br /> .�1�. 1- ' it��.il � '_♦ >..����.�y'�1J� ��•�r_ ["'�6��::M atdY�N��u�Z�•Yv.'....�.
<br /> t r�•
<br /> ..��: . . .. .., �� . ..._ ...... � . 7 r ,.. .. ., . _ . ' �
<br />
|