|
_ <. oi.�^t� � �• � ,� � . � � �. �.� �ti���___
<br /> � � •.
<br /> . .�. . . .,t.X'`� ' C' '.- .. ' , -_
<br />. �i . ' . - � ..�. ..._. '
<br /> —�t��. __' .___". _ ____ "_— _ — _
<br /> ,-��T.- _ --^-ti;;_:i --_�-- - --- • � �-- . . ., _ . , ... . , . , - . -_ .
<br /> - t - ; r
<br /> e 4
<br /> � � �I�OC���ER W��1�1t11p'0�ltppli4 AOYa Gf hp�QCCICd CR t�E�.� ��.
<br /> ��7(11tf�Ci 1101Y Cf�lt���[Of iflC j1l0�!!l�►. 1��ifld i�ltlORS Sbiu�50 bE COVC(�Gd��Ili SOCWIty '
<br /> , Ia�ane�. w11 ar�he tbremi�is neremea�a in d,is secuacy L�mmeat f�u�e•Propeny.". . � .
<br /> , HORROWER C!EWEN.wINPS tii�t Bazawer is lawfuUy xeised di the est�ut haeby conveyed and h�s the rigdt to graat
<br /> .. , nd coavey the Ptopaty aui!tEu We Pra�ty is imencumbered..txapt fa e�m6rmces.of rcCord. Bamwas wanants and ,
<br /> wal Qefe�d generally the titk to the Property against�ti cl�ia�s iiid denwnds.subject to�oy encumb�anoes of record. , ,
<br /> THIS SECURTfY INSTRUMEKI'coa+bines wuform oblrenana for natiooal use arid noe-uniform covrnants with
<br /> • �lir�iteci variatians.bY lurisd'iccivn co ca�satuu a ynif«m s�cwrity i�saumeat covering re�1 pioperty.
<br /> , . UNIAURM COVSNANTS: Borrower and Le�der cove�nc aad agrce as folJows: .
<br /> 1. Paymeat o�PrMcipd a�d Iuterest:P�7�l�a�Late Charzes Bomowa shall P�P�Y PiY wHen due t6e �
<br />� principil of amd iataat on the debt evida�ce¢by tbe Note and any p(epayment and lau charges due under tht Nota
<br /> 2 Futds toe Ta�s a�d Ldvaace. Subjoct w applicabk law or to a wriaen wuver Dy Ler�der,Borrawa shaU pay to
<br /> LetWer ou the ds}tnorstbtly�yments ue due ander tbe Nat�,until tfie Nae is pud in fiill.a snm("1'wids")fvr:tal Y�Y
<br /> tnces aod us�ssrnents whicb may attaiq primiry aver dris Sec�uity Instrument as a lirn on tbe P�petty:(b)YearlY leasehold
<br /> paymenfs or grouM reots on the Ptopetty. if u�y: (C)YeulY tult�id or propETty inn�r�ns� p�miuIDS: (d)Yeuly ttood
<br /> insu�ance premiums.if any: (e)Y�Y�8A8<i��P�ums, if uyy;and(�j any sums psyable by Borrower to
<br /> • •• L�nd�cr.in accordance with the provisians of paragraph 8.in liw of the payment of mortgage insurance premiums. These
<br /> items�called"Esc�ow Items." Lende:may.at any cime,collect�ud.dotd Funds in an amount not to excad tl�e a�aximum. —
<br />- atttoant a lmdet fo►a fedarally nlated mortgage loan may requine for Borrower�s.esaow atcount under tIx federal Rrat _
<br /> Est�te Settlemrnt�dones Act of 1974 as atnended fran time to tune.I2 US.C.§2601 e*seq.("RESPA"),nnIess another —
<br /> i�w ti�t applia to the Funds sets a lesser amount If so.Lender may.at any teme.collecCand hold Funds in an�nnannt not to —
<br /> ---------- exaed tde lesser amount. i�der may estimate the auwunt of Fvnds due on tiu b�sis of curient data and reasonablc . �xs�
<br />- _ — estimazes of exgenditures of futune Fscrow Items ar atixrwise in accacdance arith applicabte laa�. • `1;�..-=
<br />_ — �The'I�nds shaU�e held in an institution whose depostts an�smred by a fodenl agency.imwmentaliry.ar enaty �`y`�'-�—
<br />- - u��::
<br /> — (including Lender.if beader is such an iasritution>or in ar3y Fedenl Home l.oan Banl�. l.ender shall apply the Funds to pay �,�,�,,,.__
<br /> the Escnow Items. Lender may na charge Bonower fer.��idi�and applying the Funds,annually arialyiing tha escrow E�r�«
<br /> ���
<br /> accoun�or verifjting ttie Escrow Items.unless Letider pass`�usruuwer interest on the FvndS and apPlicable law pemrits n..,�.,,�,,
<br /> -= Lender to make such a charge. However�Leqder may requiR.Bc�rit�er to pay a oaatime charge for an independent ral �,�;,
<br /> -- ---— estate tax reporting savia used by L�nder in connec6on wiu"��iris I�untess applicable law provides othe�wise. Unless an _
<br /> _� � agrament is.made or appTicabie law requires interest to be pa[d.'C�i;�sUalI not be cequired to pa.y�$omuwer any interest or . _ ; =
<br /> ��-'. . , eamings on We Fvnds. Barawer and Lender may agree in wriang,hawever.that interest shall be p�id on the Funds. Let�der -
<br />- �°�""° • shall ve to Borrower.without ch e.an annnal accountin of the Fvnds,showi crediu aad dd5its to the Funds and the ' � • ' �
<br /> �w� •-��•�"�` � for which each debit to ihe Funds was,made. The Fimds are pledgect as a dluonal securi for all sums secured b '' —
<br /> ,'r.•,'«�.• p�upose tY Y
<br /> i;!;:t,' this Securiry Instrument � t ; --
<br />- '�' .'i"a��, �
<br /> If the Funds fktd by Lender eaceed the amounrs pennittect ta be held by applicable law.Lender shall account to .�
<br />- �+`t� � Bon�ower for the excess Fands in accordance with the requiremenis of'applicable law. If the amount of ihe Funds held by —
<br /> �.°.��a der t is no suffi 'ent to the Escrow It s when due.Lrnder ma so notif•Borrower in wtitin ,and,in � .` .'��.'",,:�:-
<br /> ; ,., . Len a an}Ume t c� pay em Y ? 8 (
<br /> � such ease Borroa�er shall pay[o Lender the amount necessary to mai:e up the deficiency. Boirowes shall rnake up the � '�°'�
<br />•F � F.•�{ , '�''�:''•• d�ciency in no more than tweive monthly payments,a"t'l.ender s sate discreuon. f '
<br />-�..��'..�'�',� '•t 4 .'��'�;.� Upon pa3�nent in fiill of all sums secuied by this Secwriry ta..�nen�Lender shall prompdy refund to Borrower any f _ • ',��
<br /> 'k �1�'' Funds heid b�Lender. U,under paragraph 21.Lender shall�u'ue vr se13 the Proprrty.Lender,prior to the acquisition ar f ��a
<br /> ::'�s. �- `• ' � sale of the Propezty.shall appl�any Funds held by.l.euder at tfie vme of acquisition or sale as a credit against the sums 7 .
<br /> :a::s'r':�;.���_,,,"., . �. securedbythis5ecuriryTnstr.:ment b ..
<br /> ,;?y,.{, • -. 3. Appliption of Ff�cments. Unless applicah:e Izw provides other��•ise. all payments received by Lender under ` . •
<br />, ;;`s;;,_:' .:, �_ �� , paragraphs 1 and 2 shall be a�Iied:first,to any prepa;rent charges due under the Note:second,to amounts payable under, � �;
<br /> ''��"'�• b 2;tb'ud.to intens[d�.e:feurth.[o rinci al due:and last.to an�late char es due under the Note. ` ��
<br /> -�.;:. . - : P�B�P P P S r °
<br /> ':��;,-,; . ;�' ` F 4. Charge�; Liens. Borrower sEia� pay all taxes, assessmenu. charges.fiaes and impositions amibutable to the i •
<br /> 't�:�-_., _::,.: Propeity which may attain priority oves tiiis Security ins:rtiment,and leasehold payments or Fround rents,if any. Borrower � _ • ,
<br /> � . shall pay these obligations in the manner piovided in�rsa�aph 2,or if not paid in that manner.Borrower shatt�ay.them on f. ,
<br /> ._... ,
<br /> _- ' . Y", tirne d"uectl�to thr person a�r,�l payme�it. Sorrower�z.�i g:omptly fumish to Lender all notices of amount�[a be paid ander f�:• � �� • - �
<br /> :: , this paragraph. If Borrower makes these pacments cfiirectIy.Boaower sha11 promptly fumish to Lender receipts e�►7denring � �. . - �
<br /> � .`�..��'��: �,� ihe paymenu. . F .. .
<br /> r��'.••'`'� . Borrower shall prompUy discharge any Iien which has priority o�•er this Security lnstrument unless Borrower.(a)agc.es
<br /> ,,.,.
<br /> 'X �� . ', in writing to the payment.of the obligation secured by the lien m a manner acceptable to Lender.(b)contests in gax!faith the t. .
<br /> • ` lien by,or defends against ertforcement of the lien in,legal groceedings which in the Lender's opinion operate to ptevent the � �
<br /> _ '�°'' ,���� � er�forcement of the lien;or(c)securcs from the holder of the lien an agreement satisfactory to Lender subordinating the lien j�,� �, �..
<br /> - ��; :,;`,•" to this 5ecuriry InswmRn�. If Lender determines that any part of the Propem�s subject to a lien which may attain priority , � - ��. --:,,�.�
<br />- �-,"` ' ''�� oca thls Secauit�•Insin�men�.LenBer may give Borrower a nodce idenGfying the lien. Borrower shsill sadsfy the lien or take , .. • .;;�
<br /> F•�'��i'.�. : � j � .
<br /> .�,_r '�;,•• , one or mor�af tbe a¢tions set forth above within 10 days of the giving of notice. � . . .
<br /> ��'''"` � � ' �� ' S. Ha7ud oe Propesty lnsurance. Horrower shall keep the improvements now existing or hereafter erected on the � '
<br />' '�,•'•`:i�` ' �� � � Property insured agairst lass by fire.hazards included v�:�f::n the tenn"extended coverage"and any other hazards.incIuding ; -� - - •
<br /> �"�''''•m^' ' ftoods or flooding,fer which Lender requires insurar.c�. 'IT�is insurance shall be maintained in the amounu and for the � ' '
<br /> .R c . ' . ' '
<br /> p `• r Form 3o2d !!f0 (PaRr 2 oJa pogrs� � - �;. .
<br />- (. . � .
<br /> -� �
<br /> __��r�i•��'vs -s,� ' ,.
<br /> - - � � . . . �.:-, .- _•- ---�--
<br /> ^ - -- - � '
<br /> �. .
<br /> ---- - — -
<br /> .°_��.,�`;i:•_xt:_� , • -
<br /> __-_-=-.;ai::i�. . .. . , ` -'�� , - .., • " . •
<br /> - '=�.,.,,c_:ry;.�•;: T . . . . ��,,;. . . '•-, %;k�.. `�" . .
<br /> �----��3L'.�:a.�. . • . ., - ,• ..". . . '���` c. y—'.i•_.: ' , . _ . .... ..__ .
<br /> __-- +� � '��� .� . , , • �'il:t�i'` �:"t.` 1,l�i �.�-�' 'j�;�: .- . .. , .. �
<br /> _._. — ti�. �-� r..�,J' .y. f t . .
<br /> - 6. . - —- ._ ' .. .. " i .-. - • '•:.�..tq . ;irir.a....� -.. _....... _ . . _ - :... � .
<br /> - __ . ' . � , - , t`� . ' . . - .
<br /> a-iJ�� ' • r_ ' _ ' � �•i.y �¢ ._. �. . .'.. . �� Y,� t . - _. . . __ . . .
<br /> ._ __. _ .j � � _ ' . �.i�''�s��� _ I AK1-...'�.�. � � � . . v,
<br />
|