|
: ;..,�- :.� _ �c.. . �ic•_ —
<br /> ` � �� _.;= , „ .,
<br /> �-;' =s-
<br /> .-- �� ��i , . y.,,..., ' � � � -
<br /> - � ' -.�,� - � .., ' � _ -..
<br /> :-_.- . —. ._ ... ..o, 1...`......_ -------. '.-• — - —
<br /> � •
<br /> .�— ._._. _.-- - , . .
<br /> ---. ._ _..._ _--—__ .— . .. �. ,�- —. —_—�—_. -.__.._.—__. �— _
<br /> _.�' � __ __--� . ' � . . . . ` , c � '� ` . . ° . .
<br /> - . . ; � . � ; , . , � . . � . 94� .. fQ0566. . � : .
<br /> � � TociE-rf�R wmi au w�;mproNemeot�uow«i�atrer�c�ea au the pna�p�ty,ma�u��.�• �
<br /> �oli frztnes mw or 8a�eaf�er a pst vf t6e p�opecty. Atl seplaoenteots aod additioos sA�l}�lso be covenad 6y dus Scc�uity ' •
<br /> instcumtto� AU of the taegoiog is zef�d W in ihis Secunty!ssr�,,•�•,•as tbe•Pcoperty.a
<br /> BOifROW�R COVENANfS tbat Bormwer is lawhilly seised of the estate ha�eb5►cunveyed a�l�as tbe right to g[�+►t
<br /> ' aad convey tl�e Piioperty aad tJ�at tt�e P�ropaty Lc uoeocwnbeced,eacoept fa,encambrances of cocorA. Barowa waRants aad�
<br /> . w�l defend ga►e�aUy 1he tltk to tb�Pcopeny agair�st ali claims and demands.sabject to any encumMances of�ecord. .
<br /> � TfIIS SECURiTY INSTRUiI�l3T comfiines nnifnrm oavenants fot n�ional use and noa-wufoan cavenants with
<br /> Iimited vari�tioas by jwisdictioo to constitute a tmifam sa�uity msm�mt c.overing ceal propecty . _
<br /> , tJN[FORM COVENANTS:Barnwer smd iander covenaat aad agaee as folto�vs: .
<br /> �l. Pa�t otYriodp�l�d L�de�PrepaJme�an�Latt L'6ae�. Bormwer shall pcompd9 PaY wixa dae the ' •
<br /> ='� pciacipal of and in�on tDe dcbt evitienced by the Nao�aad anY PRPalrment and late charges due under the Note.
<br /> _ • � Z. �da f+orlizes aed L�anoea Subject ta appticable iaw as to a writtw waiver by I.ender.,Bocrower sbati pay to
<br />- — Lender on the daY��Y PaYments ace due under the Note.u�tl�Note is paid in full,a s�("Fands")for.(�)Y�Y �
<br /> �tues aad assessmeots whicb may att�in priority over this Security�osuwnent as a lien on ttu Propecty:(b)yearly leasefiold
<br /> - payments a g�ouad tients on t,1�e Ptopeny.if a�►Y: (cl Y�Y ��P�P�Y insuranc� premiums:{d) qearlY tlood .
<br />_ iqsuraiice pnmiums. if ar►Y:(e)Y�IY mortgage insurauce premiums,if aay:ar�d(�anY Sums PaYabt+e by Bottawet to
<br />��- Ltnder,'ve accordance with the provisions of para�ph 8.in lieu of tt�e paYmcnt of mortgage insivance premiums. '�'hese =
<br /> items an caUed"Escrow Items." L.ender may,at�ry time.collect aud lwld Flmds in an auiouat aot to exceed iha�aaxirnum -
<br /> '` amount a iender for a fede�aUy f+elated mongage toan may..�quls�e for Boimwer's esc�ow accamtt nnder the fede�al Real ='=-=--
<br /> HQtate Settlement Proceduns Act of.1974 ac ameoded from time w turie.l2 U.S.0§2601 etseq.("RFSPA").uAless another ��._--
<br /> - law thai applies to thc Fvnds sets a laser,;aioaouaL If so,Lender may,at any wne.collect and hald Funds in an amotmt not to �.;,�,,,�
<br /> ;� exceed thc lesser amonn� I.ender maY�irnaoe tise amounf of Puads due aa the.6asis of ciat+ent data and re�onabk ����':
<br /> � �; estiu�ates af expeadipo�es of funue Escrov�r tte�s or oWenvise in acc�e with applicable taw. , �
<br /> The Fimds shall be hetd in an instimtioa whose deposits ace insured fsy a federal agency.insdmnentality.or eauty `�'�°�;�::�y
<br /> ;'�' =
<br /> ,. " ('iacludiag Lender,if Leader is such aa insatarian)or in a�r Federat Home i.oau Bank. I.eader shall t �he Funds co � 4`
<br /> aPP Y paY ' :�;'_',_.
<br /> , tbe Fccmw Items._Lender may not cl�arge Hocrower for hotd'in8��-aPPI9�8�e����uY�atYzing the escrow . . :. ---�
<br /> �� r��� -4��;-: �t,or verifying the Escmw Items;'unEess Lender pays Borrower interest an the Funds and apQlicable law pecmits " -
<br /> ,s�.£=� -� ?• Lender w rnake such a chacg� Howece�iieaxder may requiie Borrower to pay a one-time charge��c an indepeadent ieal ' v _
<br /> . - estate tax r�eporpng service used by LeeKter`:ie conn�ction wiW ihis lo�n,.nnless appticable iaw provides otherwise. Unless an . __ _ -_
<br /> - ,�� '� agreeraeat is made or applicable law t�quires interest to be paid.Lender sball not 6e ceqvasrd to pay Boirower any inteiest or � .
<br /> : ' eamings on the Funds. Borrower and Lender may agree in wridng.however.that inte�s't shall be paid on the Fuuds. Lender
<br /> ;��;-::,:.-:-._ .-� . , _
<br /> , : . _ • shall give to Bomnwer,arithout chafge.a�}.annual accounting of tl�e Funds.showing credits and debits to the Funds and the -
<br /> ;�r: �'-y�;. P�1Tpose far which each debit to the i�nds was made. The Funds are pledged as additional secwity for all sums secured by �
<br /> '�.• .'� : • thisSecurityInstrument. �`. • .::.=
<br /> .: r_,_-� . � � If the f�mds heid by Leader eaceed the amounts permiued to be held by applzcable law. Lender shall acwunt to • .�,
<br /> �`�'`'•� '�. � �r.�ower for the excess Funds in accoidanFe with the requirements of applicable 1�vJ H�the amouat of the Funds Erejd by . . .
<br /> Er ,; �.�_:..
<br /> �' ' '•'�'• � Leudes at any time is not sufficient to pay the Eurow Items when due.l.ender may�ss aodfy Borrower in writing,and.izt -. ,,__,,=
<br /> ��., ., . . .
<br /> -".� ';`i�:": . such case Borrower shall to L.endec the:amount necessary to make up the defciencY. Borrower shall make up the -- - -�-
<br /> ;:'•;% .- >'.. .'. :`•. ,f �y ' � _.
<br />.;;_�•:. _ I •��a�;� defictency in eo more than twelve monthty payments,at Lender's sole disc�on. �.` �
<br /> Upon pa}vn�u in fu11 of atl sums seet�d by this Security Instrum�t;I.ender shall PmmPt��:��e'Fund to Boaower any ' f�- �: --
<br /> , • � ,, Aunds hetd by Leader. I�under paragrapte 2I.Lender shall acquire or seri the Proper¢g.Lender,psior to the acquisi6on or � .. . . ,;�
<br /> � �. . • sale of the Property.shall appty any Funds held by Lender at the time of acquisifson or sale as a credit against the sums • r,;.c
<br /> : . � . �cured by this Security Insmimeni. �� � � . . _ .-
<br /> � ,,.� " '�.'
<br /> �� • -.. . } 3. Application of Payments. Unless applicuble low provides otherwise. all payments received by Lender u�er
<br /> ::%. • � • paragraphs 1 and 2 shall be applied:firs�to any prepayment charg�due under the Note:second to amounts payable under � _•� : •-'�.
<br /> . • • paragraph 2;third,to inte�st due:fourth.to principal due;and tast,to any late charges due under the Note. . •
<br /> ' , . 4, Clwrges; Liens. Borrower shall pay all taxes. assessments.charges. fines and impositions attributable to the x'^`�
<br /> •-'•�;;�' � . ', pirc,perty which may attain priority over this Security Instrument,and teasehold payments or ground rents.if any. Borrower �'�,
<br /> , ; �� ..
<br />;,. ;..•
<br /> " � s�'.t pay these abligations in the manner provided in paragrapb 2,or if not paid in that manner.B orro w e r s h a l l p ay them on � �� .�' 1.
<br /> '•;, c • .. � r . ` t i m e d i r e c tl y t o t h e p e r s o n a w e d p a y m e n t S o i r o w e r s h a ll p rom ptl y fumish to Lender all notices of amountc to be paid under �--��� ` � f,
<br /> {,�;. •• � �'ic this paragraph. If Borrower makes ihese.pay,enentg directly,Borrower shall prompily fumish to Irc��receipts evi d encing � .,._ ... _� .-
<br /> � - •� thc payments. �
<br /> ' ` � Borruwer shall promptly discharge any lien which has pdority over this Security lnswment unless Borrower.(a)agrees � � ±:
<br /> ' �;ii#'�� ' ' . • in wriUng to the payment of ihe obligation secured by the lien in a martaer z.:eeptable c�D_.ender.(b)contests in good faith the � ,
<br /> � ' • lien by,or defends against en�orcement of the lien in,legal proceedm�s ux::ch in the��nder's opinian operate to prevcnt the _;;;�%{�{!,� `'
<br /> ' � enforcement of the lien;or(c}Fecures from the holder of the lien an agt��eni satist'actary to Lender subordinating the lien ' '�'''' •
<br /> '''�. '*`�"`,�°'' ° � to this Securlty Instrument. If Lender determines that any part of the i�r�erty is subject to a lien which may attain priorit�r { ''.- �
<br /> �7:�" �� over this Security Inswment,Lendet may givc Borrower a notece ideaceffyi�^.g the lien. Borrowcr shai!satisfy the lien or take . . •
<br /> ¢�� • one or more of the actions set forth above within 10 days of the giving af nouce. � ' �'�,;,;. '�?'
<br /> • ' � • S. H�zard or Property Insorance. Borrower shaCb iceep the�mpravements r.ow caisting or hereafter crect�adi ca the `• r;'•:', �"�`
<br /> '�;,,r: . ��. " S 3' ^.,, g •-t,..>, .: _:;. _
<br /> Property insured against foss by fire,hazards incIuded ariWiu�:.�e tertn extended covera e"and an other hazards,u��.�din i- �,:„�,�.
<br />` �;� ' . � ' • �ioods or flooding, for which Lender requires insur.�nce. T f�is iqs�:ra.� s h a l l b e main t a i n e d i n G h e a m o u n t s a n d f o r t h e _ ' .__ .. ;-
<br /> .,, r
<br /> �t:'��'�._L ` ' ' ' . '
<br /> t'-,.��Ti'ti Form30S9 9A0 /D�+Re2oJ6GnRe+1 ;� � •
<br /> ��"".Y';,i� ,''�'";
<br /> �•ss _' � . fi.'.�'
<br /> -- — — _ ' .'!`...:1� . . .
<br /> — . f. .'it.. .
<br /> __ _ � . - � , f . _ . :� .,_
<br /> 1
<br /> _ '
<br /> _ .
<br /> _� _�� . . . -���y� _ , , '' . � .. � . .
<br /> .���.'". '- . .
<br /> ,..�. :i ..�� , . . . . . .
<br /> .
<br /> _"___ �SF�4. " . . . . .
<br /> '�e'C� - . . . _" _ '__ _' '' •• � . - .__ _' __" '" __..—_ . ._�__" _"—' _—"__
<br /> _�_��;fF�jf' . . � . � . . . . . ' ' , . � �. � ' . . . � . ' • .
<br /> _�.�r..a� k�_—_ __ - • . � - - . _ . . �
<br /> �r`Yr�'.d.• � ,_ .--_. . ... . .. . ... .. . _. . .a�.ra• _. __ ..� . � _ .. . . . '
<br /> -__ '.�t _ .. . . .� ' - . . . . • . .. .. .. . . , - � ' . . . ' ' . � '
<br /> • ' . ;. . . . . .
<br /> � ,.> . . . . . , . ,
<br /> _
<br /> . . _........... .. ' "__ ' '_' _ ' '__'____ ____ ._._ ...__ _ _. ... .. ._ ..
<br /> 7�'i.1� . • . , • . . i . _ . "1 . . ' . . . . . .
<br /> -=:�t1.'Q'�i.y'. " • ' . •. � '�:'�.:�'���L�' .. . , .: � �. . . ' . .
<br /> - �e .. . .'� _''�. �'�{`C�: .•`_ ' . . ' � '
<br /> e. it .. ,r.. .. . - . . .. .�i.7a'� . Li,�1fi�-�. � _ .. . .�. .
<br />
|