|
���-- . ti � F.1' i�y-� ''�`
<br /> :� '� ►.9 +;• , , �`--
<br /> . ,
<br /> .
<br /> .. . . ,
<br /> .,, .� .�,�
<br /> . . . . . .
<br /> =.,� � .. __ _ ._ -
<br /> :�,� � -- - _
<br /> - -
<br /> �.� __�.,..�._ ..�,� - - -
<br /> :�
<br /> �3- sio318
<br /> - T(2C387'H�K !'.�lTH all tfie lmpmu�mtntc ts�w�ui twiwhc�cu;i;tu1 wi itk��i�ij;�:ity.+�ki aii cuacntcui�.�{M�u�tcnwkcr.
<br /> �uul flxture�tx�w cx herr�ftor� pt1 of thr pn►perty, All re�lrcenknix�nd �uidiNi►nK�hrit Mlw.�hc ruvarc�l by tMr Sixu�ity
<br /> Inwiumont. AU uf'the furcy�nfn�i�nfomed tu in thir Srcurity Inrtrument�w Ihr"F'rc�riy."
<br /> BORRUW�R COV�NANTS tfuit !3�►rtuwcr ix luwfully ticiscd of�hc cx�u�c hcrcby cunvcycd�nd hu++thc rfy�ht tn�r�nt
<br /> Nnd catv�ey theP�ny uui�h���hr�rupeny Iw u�xncumtxrcef,rxcept[or enr,utnbr�txeK uf rccurd. Hurrower wartantr And
<br /> wiil drfend�enerally the tiHe to the Pro�eAy��{�inxt�U ctuimy u�J deem�nd�.cubJcct to any encumtxwice.uf rccord.
<br /> �T- -- -� 7'H!'3 5�'�:'UKI'1'Y INS'fRUMENT combine� unifc►m� covenants for national u�e �nd ni�n•unifor�n cuvenuniw witl�
<br /> _„� limited veuieti�+n�hy judcdictlan w conatitute a uniform�ecurity i�ztrument coverin�repl pn�perty.
<br /> UNIFORM COVBNANTS. Bortowcr and I..endcr covcnant and Agrcc as follown:
<br /> _ — 1, P�yment ot Principal�nd Interat=Prep�yment and LAte ChqrQe�. Borrowcr shall promptiy pay when duc the
<br /> -- ----- — principal of and intercst on tha delx evfdenced by the Note and Any prepuymc�t and lutc charges due undcr the Note.
<br />----- 2. Ftinds for'Ihxes and Ia�urtnce. SubJect to applicnbte law or w u wduen waiver by l..ender,Borrower shall pay to
<br />. — I.ender on the day monthly payments are due under the Natc,until the Note is paid tn fult.u sum("Funds") for: (a1 ye�uly
<br /> ---- taxcs and assessments which may attain prioriry ovcr this Security Instrume�t ns a licn an thc Property;(b)yearly le�sehold
<br /> payments or ground rents on the PropeRy. if any; (c) yeazly hazard or property insurunce premiumti; (d) yearly flood
<br /> insuraoce premiums, if any; (e)yearly mortgage insurance premiums, if any; and (�any sums payable by Borrower to
<br /> �; Lender,i�Acecxdance with the pnvisions of p•rrugmph R, in lieu of the payment of mortga�e insurunce premlums. These
<br /> __ itrms are called"Escrow Items.' Lcnder may,at s►ny time,collect and hold Funds in an amcxmt not ta exceed the maximum
<br /> '- - - �"-� amount a lender for a federaUy rclated mortguge loan may reyuire for Borrower�s escrow account under the federal Real
<br />=--����r�..,�, Estate Setticment Procedures Act of 1974 as amended from time 21�time.I2 U.S.C.�260t et seq.("R�SPA"),unless another
<br /> -r "� �' }� law that applies to the Fands sets a tesser amount. If so.Lender may,at any tim�,colicct ar.d hold Funds in an amount nat ro
<br />_ r`" "' ' r cxceed the iesser amount. L.ender may estimate the amount of Funds duc oi: the baxis of cunent clata and reusonable
<br /> �- ,��:,^. �;,�, estimates of expenditurrs of future Escrow hems or otherwise in accordance with applicable law.
<br /> �,'��. :.. ;, ..�;;J�: The FLnds shall be held in an institutton whose depc�sits arc insured by a federal agency, instrumentaliry, or entity
<br />�:.;:.�,� j•:; .
<br /> . �+.K�,�„.,>t (includin e I.ender,if l.ender is�uch an institution)or in any Feder:�l Home Loan Bank. Lendcr sfiall apply the Funds ta pay
<br /> i wardr..+:'-.
<br /> ;;.,.:��i: : yj�.,;;�;� the Escrow Items. Lender may not charge Horrower for holding und applytng the FLnds,annualty analyzing the escrow
<br /> ' account. or verifying the Escrow Items. unless Lender pays Boaower interest on the Funds and �ppticable IAw petmits
<br /> �;;��� ;. s<<��' Lender to mukc such a charge. However,Lender may require Borrower to pay u one-time charge for an lndcpendent nal
<br />_ `� �;:}��'.'�• � estate tax roporting service used by Lender in connection with this loan.unless applicable law provldes otherwise. Unless an
<br />;t;•; `•:..•.�✓�,.:.:,,:�:.�...
<br /> ;. Y i,L:;i,i,..+*!• ugreement is made ar applicable law requires interest to be paid,Lendcr shall not bc reyuired ta pay Borrower any interest or
<br />- � , .; s�;�'�;�; eamings on the Funds. Borrower uid l.ender may AgTee in writing,however.thut interes[shali be paid on the Funds. Lender
<br /> ,:%;'' .1.y�:::.:�;• .
<br />-__ • �,�,;t�.���s, shall give to Borrower,without charge,an annual acconnting of the Funds,showing credits and debits to the Funds and the
<br /> _ ;��h{�;,`.1�_� ptrrpose for which each debit to iho Funds was mAde. The Funds are pledged as additiona[security for u!I sums secured by
<br /> �� ,�� '���r,.y;" this Securiry Insaument.
<br /> . S ,4' If the Funds held by Lender exceed the amounts permitted to be held by applicable luw, l.znder shall account to
<br /> � 'j�'. , � `� Borrower for the excess Funds in accordance wfth the requirementx of upplicable law. If the amount of the Funds held by
<br /> ';��r'':� � ,'`��±� Le�der at uny time is not suffictent to pay the Escrow Items when due,Lcndcr msy so notify Borrowcr in w�itfng,und,in
<br /> •' 1 }.::.:�`'�;; ���;�.-������'"� such case Bormwer shall a to Lendcr the amount necessa to make u the deCc[enc . Borrowcr shal4 make u the
<br /> � „1::. :.•.i.r.,., • - PY rY p Y P
<br />_ •••• � •> r deficiency in no more than twe(ve manthly payments,at Lender s sole discretian.
<br /> �•..:::,.;.>�::::,..• .
<br /> :u�+,x r±*•TM•=•� ��' �i Upon paymcnt in full of aU sums secured by this Securiry lnztrument. Lender shull promptly refund to Bomower any
<br /> - ,,,�„`,,a;.,,.. :. i, Fund�held by Lender. If,under puragraph 2 l,Lender shall acquire or selt the Property,Lender,prior to the acquisition or
<br /> ,� ;_ . ..,�, sale of the Property,shull apply any Funds held by Lender at the time of ucyuisition or sale as u credit against the sums
<br /> ;,,,.�,..,,,'��, ";k�.;, secured by this Sccurity Instrument.
<br />.�� ��..t:: 3. Appllcation ot Payments. Unless applicablc law pruvidex othcrwixe, ull pryments received by l.ender under
<br /> =�* ;;�,r., •�„�;' paragraphs 1 and 2 shall be applied:first.to any prcpayment churge�duc underthe Note;second,to nmounts payable under
<br /> 1 ;; r�.�;,;�„ ..,: ' � paragraph 1;third,to interest due:founh.to principal due;and last,to any latr churgec due under the Note.
<br />:.;�� •-�X:� r . � 4. Charges: Liens. Bonowcr shall pay all taxes, assessmentc, chargcx, fincs and impositions attributable to the
<br /> = .��1 �- • . •• Propeny which may attain priority over this Security Instrument,and leasehold payments or ground rents.if�ny. Borcower
<br /> =���� !i,���� •- • � •��,_:: shall pay these obligations in the manner provided in paragraph 2,or if not paid in that manner,Borrower shall pay them on
<br /> ' .`�;;':_�, .„ . ._ time direcdy to the person owed payment. Borrower shall promptly fumi�h to Lcndcr ull notices of umounts to be paid under
<br />--: •� r - " this patagrAph. If Bomower makes these payments directly.Borrower shall prompdy fumish to Lender receipts evidencing
<br /> _ `�=�., the payments.
<br /> �="°"" � '{' �'�• Borrower shall promptly discharge any lien which has priority over this Security lnstrument unless Borrower:(a)agrees
<br /> ;��"•� •• , �-' '•'•�� in writing to the payment of the oblisation secured by the lien in a manner acccptable to Lender.(b)contests in good faith the
<br />''-°�"•- �'' - ����';;;,:,�; lien by,or defends ugainst enforcement of the lien in,legal proceeclings which in the Lender�opinion operate to prevent the
<br /> "��_�_, +��'��, . : enforcement of the lien;or(c)secures from thc holder of the lien an�grcement satisfactory to Lender sutwrdinating the lien
<br />.'�- ��'^•-� � � `t� to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which may attain priority
<br /> °�`� i�' ' '' over this Security Inshument,Lender may give Bonower a notice identifying the lien. Borrower shall satisfy the lien or take
<br /> `"��-�5 i' � one or moa of the actions set forth above within 10 days of the giving of notice.
<br /> a. ,•,• ��,.
<br /> ' � `�^' S. H�rd or Pr rt Insuron¢e. Borrower shall kce the im rovements now existin on c�reafter erected on the
<br /> �: ;.��:�'�:.;t�--� W►e Y P P 8
<br /> `�—�•+�`^��� ��.�!•;�;�•.,•� : Property insur�d against loss by fue,hazards included within the term"extended coverage"and any other hazards,lncluding
<br /> �� '�:S'�•�•��''��''•• floods or flooding. for which L.ender requires insurac�ce. This insurance shall be maintained in the amounts and for the
<br /> -�� �-��k.�jt..
<br /> �_'; �`1.'xK_y:;�i yiP-. Faro 303i lN10 (/MRt 1 oJ6 paRes)
<br /> _.,,,� ..i j.j�
<br /> •�..�i
<br /> --:�
<br /> �c�
<br /> —_ � •�..� R.r.;.�- -..
<br /> �. _-..-... 7.�� ��*' � "
<br /> �.=_,-+cAalt y ��S�1Y:413:••Y.tr ..:... - .-. �'Yi.:f� �.l��t}.�f:.1:'
<br /> .� -. -
<br /> ���- -.�� . . _ : �yr
<br /> "—�'�=''�'`•:�nie:ri4�,.-��;�•r�t�l�%;�d�tf i .:IQ{���llldh�ci3�.n�i
<br /> . ._.... . . 'af�.:C�,���s _n' . ___... ___. _. _ _ _-. . . __ _•_ ... __, r,� � - . - .id-�f - � �i .
<br /> N�-
<br /> _— Ay. �[""� . . �b� � i+��- �}-�. • 1 1�.
<br /> .��M--�.....:r +. . ' . . fRf� ��� :�.. ,�,�u 1 . . . . 7 (�.
<br /> , '}: yC.. . t�,. � .
<br /> ,-� +.'e; . - ._,� ;�. . .,•i�,;' ,
<br /> .� .a.: �... .
<br /> • �. . ..: _ " y • a,�'r'.�,-:...'- :'.v - �t,:Y.�j��>�.. ..
<br /> �/L�x-Y['i.� .. -. �•� . . or�r.i � q�1ar . .. .. . .�., f�. . .
<br /> a ._ �i. . . . •.._. . ._.- �.ti,''. ..„r+is, y��i�- .. .tiR��. �� .
<br /> A+1'hit"' t.iie.v i.,r.�t w;,n-rv.ir:•� ���;1�"�:'a:�.;'.,�_ . .-... _. ..
<br /> .:r�+��' ,�lt+.i: •Jg.�i,rrie�.��L'�S�i1��Ll 4 �� f� 7s�-
<br /> 7�7�"��. � ...���.:S.lc_... .`u,�� �l�-"�3�'�"$'�., ". . '"�• .
<br />
|