- .. � ' ` �, i. . . ' . -_--
<br /> .'r;sc... - ' _-
<br /> - . ` �, -. c - _-_-
<br /> .� ..__ "' _ '. . . _. .. . .' ' __ __ _ ' _ __' _ _ '
<br /> `----ti ..�7�p0ETE�R Wt`�7�aiI tb0 imp�►ea9ea�s nOiR.ar�aealier e1+ec�ed qt t6C�rOpeetp.aod��s - -.-. `- -- .� �
<br /> ` . fi '� aoir a��I�er ai p�t of th�p�opetEj►.All-re�ivoanr�ts�od dditiom �il sbo be carerad b!► tfia..�y �
<br /> ' � Int�ez�at.All of!Le fce�erde�is�d'are�to ia t6is Sacaeit�r ta�as d�e"�Y• ` . . �
<br /> ' BOItROWFR C�OYENANIS tMt Baraiwer is ln�ulty ieired af drF d�t�be�6y c�nnv�,7e�aod hs d�t ri�t b�t ad. . .
<br /> t ooerr�y the Propaty a�d Wt�be Prapaty is aoeqourt�baed,�capt gnr encuinb�noes of t�eoord.Bor�ower w�rra�Ms{�ed�ill.
<br /> ' . �!�Y the titi�w ths Pevperty�gsin�t d2 d�i�m aod dan�ods,sub�xt w Aay�of reoad. ' •
<br /> THIS S�C[JRiTY INS'i'RiIMENTP oomDins uniform ooi+ea�ats for natioml use aod non-uaiform oovenmts vvith tiraioed
<br /> , va�iitions b�r jwisdictiaa to ooastitute a unifo�m secarity i�tnunent c�ovtzinB rea!pn�pe�ty►• . ,
<br /> QI�IFORM CQI�BNA{�i7'S.Bo�ms�er��nder anveapot�ad agc+ee as t'aRows: _ .
<br /> � �.Naap.K.r af r�ipir�,.oa r�tassR; �r��.a �te�'�ar�.eormw�x'ahail p�a�pttr ar�� �
<br /> p�i�c,ip�t of s�d inte�est oa the�t evidenc�d 6y tbe Note and u►Y P�Y����due undd�thc Natc. �
<br />` 3.Fiodc for Ta�a�d Iaoorasee.Subject to applicable la�v for to a w�riuen waivet by I.ader. Bbrrowet stiaU pry w
<br /> � I..e��eder on d�e daY�Y P�Y��e dae m�der ihe Note,untit tba Nott is pid in full.a wm('Funds')ior.(a)yarly Uucn
<br /> sod ass�ts�fiic�msy�in piiority ovee this Sa.�ity I�romenc as a liea on ti�e Property:(b)Y�Y�� • �
<br /> or g�ouad tiars on the Pmperty,if�y;i�)X�Y ha�d or p�opetty ins�uanoe premiuu�s;(d)Yearly flood insurmoe p�emil�,
<br /> �f mY.(�)Y�Y�S�Sr i�i�oe pnami+�,..if an5►;aatl(fl wY spa�s pzyabk bY Bomovret to Irender.in a000cd�anoe witb
<br /> �tlie grovisioag of parsgnph$:in lieu of thc�of martgage iasutane p�emiumc.Tf�items are c�lled'Escrow Itemg.`
<br /> 1�eader msy.at any ame.oo{lax aad botd��.�in a�anwunt �at w exoctd t1�e maaimum amwnt a leoder for a federally
<br /> cdatod mortg�ge loaQ may iequine.#'ar Bbmaw�s escrow aow�nt under t6e fedrral Reai Fs�ase Settianeat P�ocedutes'Act of
<br /> 1974 a3 un�t�3ed finm tune w dine,12 U.$.C.SectioD �6�f1II�t sr.q. ("RESPA'?,unlcss anatt�er faw tLat�applies co the Faads
<br /> �sets a lesser unoum. If sa. [.euder maY,ac aay time. cotiiacc u�!hold Fands in an amount not to e:aod the lesser amount..
<br /> • I,eeder msy e�innue t6e armunt af Funds`d�e at tht basis of c�unnt dat��d r�ble estimatcs of exppditu�s af futu�
<br /> BscTbvv Itata or otherwise in aoco�wLth s�Iicable law. �
<br /> TI� Fwds slwtl be held iu an inuimtion`ixhose deposits are insurod Eey a federal age�c.y. i�trumenWity, or'eatity
<br /> (including L�ender.if I.ender is�an instiwtion)`oi in.aay Foderrl Home Loan Bank.Lender shall apply_tha Fuads to pay tLe
<br /> Eu�ow Items.I.ender may not ct�arge Borrov�r�for'holding and applying the Funds.aruivatly aaalytiag the escnow�coount,�or
<br /> verifying the Fscrow Items.unless I.ender p�s;l��rower interest oa the Funds aad applicab?e law pecmits Lender�w make sacb :.
<br /> a charse.However,i.ender may nquira 8otm�;�sr�o pay a oae-time cLarge for aa irdepenAent rcal estaue taa reporting seryice
<br /> nsod by`Lender in comYCtion�with this loair, tm�ess ��ccable!aw provides oti�eninse. Unless an agroement is made or
<br /> applicable law requires inienst t�+be paid,l.ender shall ao��,:ioquiaed•to pay Boirower any interesi or earnings on d5e F�nds.
<br /> � Bor�wer and Lender may agiee in writing, howtver,t�'�'.�a4�st sHalt 6e paid on the Funds. I�ender shall give to 1�.�*�,vwer, .
<br /> without charge,au annual aa�undng of the Funds,show�.;"credits and debits to the Funds and the putpose for K�S:�each .
<br /> dtbit to thc Funcls v�as made.The Funds are pledged as add'Er.�*sa1 security for all sutns secured by tfiis Serurity Incc�+*�^t.
<br /> If tiu Fands held 6y.Lendet.eXaed the amou�ts pemII�i:tio be hetd by applicable iaw.Lendcr shal!account t�8orrower
<br /> for the excess Funds in accard��with the requirements of applicable law.If the amount of the Funds hetd by�a3�„r'at any
<br /> time is not sufficient to pay the Esciaw Items whcn due.Lender may so notify Borrower in writing.and..in sach ca,�e.�;rrower
<br /> , sha11 pay to i,ender the amoum`iie�essary to make up the deficie.rx.y.Borrawer shall matce up the d�ciency in n��o�than `�
<br /> twelve monthly payments.at i.euder's sole discretion. ' �
<br /> Upon paymem in full of�i sums secured by this Security Instniment. I.ender shall promptly refund to Bomower any
<br /> Funds hetd by Lender.if.'under gn�:ragraph 21.I.ender shall acquirc or sell the.Prope�ty.Lender.prior to thc acquisition or sale
<br /> of the Property.shat!apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums secured by
<br /> this Secvrity Instn�atent.
<br /> 3.Applicatbn o�Payments.Unless appl'scable law provides otherwise.all payments received by Lender under paragraphs
<br /> 1 arid 2 shall be applied: fi�st.to any prepayment charges dne under the`ote: secand.to ainounts payable under paragraph 2:
<br /> third,to interest due:founh,to principal due:and last.to any late charges due under the Note.
<br /> 4.Clwrges;Uens.Bonawer shall pay alt taxes,assessments, charges. fines and impositions attributable to the Praperty
<br /> which may attain priarity aver this Security Instrument,and leasehold pavments ar ground rents, if any. Borrower shall pay
<br /> thae obligations is��ze manner provided in�.r.:t aph 2,or if not paid in dr:�manner. Borrower shatG�y them on tlme direcdy
<br /> � tA the person owed p��snestt.S.�srower shaE rc�rr,�tly fumish to Lender zSl`::otices of amounts to be�;.�d under this paragraph.
<br /> If Borrower makes these�i�cs directly.Eoaower c.�:�tt�rs?�ptly fumish ta L�.'ndcr reseipts evidencing the payments.
<br /> Horrower shall prompti}�e�.�':arge any lien which�:��i.i.arity aver this Security Instrument unless Borrower:(a)agrees in
<br /> .writiAg to the payment of the oL�iigation securat by the.lien:r,a manner acceptablc tn Lendcr:(b)caetests in good faith the lien
<br /> by. or defends against enforcement of the lien in. legal proceedings w�hlch in the Lender s opinian aperate to prevent the
<br /> mfarament of the lien:or(c)�ecures from tr�e holder of the lien an agr�nent satisfactory ta Lender subordinating the lien to
<br /> this Seeurity tnstrument. if Le�'.kr determines that any pan oi the Pcoperty is subject co a lien which may attain prioriry over
<br /> this Security Instn�ment.I.end�may give Borrower a notice identiiying the licn.�rr���er shall satisfy the lien or take one or
<br /> moro of the sction5 set forth above within 1Q days af'the giving of notice. . • �
<br /> . . . Fonn 30Z! �l90 .
<br /> • Pape?of9
<br /> _._. .._—. _. i . _ . . , _ . . .. �. - -_,�.:�Paa��.�Y.�-i;_:.'1
<br /> l s_�„�lf��r -.I � . � . �; .f, �.:.
<br /> _ .�y a�'K'r � .
<br /> . _ �.,s��l`F`'Qrv:).��.�_-s M�j-...
<br /> '_"_�—�=;.J`,= ' y� -
<br /> ...-�-y-=..�.ar-z,:,r:--^:'� � .. . - " . _. • • , _ . ' , ... ..—_--__—
<br /> �. ti - . .
<br /> .�:_1 _
<br /> ^.� �+�,�.-.-. ;.�.
<br /> {'• ' . � ' � .x..,.-� y «,� . ' -
<br /> . . -- . ---- -;,:i . �. .... . - , �- -. ..-. ��a�*%k�'+.�i5�,..r��a.,;:�, -. . . . . . • - , .
<br />
|