|
-. �` . .. �:''- - , , . . :.: . .,. . a. - - _
<br /> _ '` �+ �'-� .. "f""� - ' ` _
<br /> . �
<br /> . . _ ..
<br /> -. . - f -�-� <i��..
<br /> � . : ..
<br /> -- ,. � ... , -.�._.
<br /> . �
<br /> ...
<br /> � ' . ..-.
<br /> ...-^ • . - 's _ � .
<br /> .. . ..
<br /> :
<br /> �. . .. ?�{-. _�}`. . . ' ' . __ __—_ ` . . . _ .. .. '__ .'
<br /> � ` --- =_�;�v --_ ---- -- -- . ' � . '� � 4_�Q �, `------ _
<br /> ; . � - .
<br /> , Toc�ETHI�x�wm�I all sl�e i�m��s m'�Qr��a on the�rope�cy..oa�u r�a�s.�ooa.ana � �
<br /> { . fut�s mw oc fie�s�ttes a �ut af t6e p�aperty. All replaoaaents snd additions st�tl also �e ooveced h� tLis Seqinty
<br /> ; It�suumeat.AIl af the fo�+egoing is refemed tq in this Secu�ity I�ut�ent is ttie"Prope�Y•" � � •
<br /> ; �HORROWER COYFNA�Ff$d�t Borrawer is lawfully selsod oPtfie estaxe h�y zonveyod aad has We right'to grant and -
<br /> ± oonvsy the propaty�nd tt�at the�roperty is unencumtieiod,exoept for encvuibranoes of re�nrd.Barrower viruiants and will
<br /> defmd geaeraliy the titte m the Property ag�inst ell ciaims and demands.su6jedt to any eacumbrances of record,
<br /> i � , THIS SECURITY INSTRUMENT combines wpiform covenants for national use aod,noc►uniform voveriauts witb limiuA
<br /> � variatioas by jwisdction w conctitnte a uaiform seatfity inswmeat covering real property. �
<br /> .��__��-� . . UIVIFORM COVENANTS.Barnower and I.ender covenant and agree as follows: • ---
<br /> _ �__ .
<br /> -_ : � 1. Pi�ymmt ot Principa�i,and.Lltestst: Pcep�yi�an� and Late.C6argGS. Barrower shail P��Y PaY when`due tht __ _�_ ------.1��-
<br /> - - - ' _ principal of and inurest on the debt evideoced by the Note and anY P�S'�t and lat�charges due�u�der the l�ots:- _
<br /> • . 2.Fm�ds for Taaes and Insuranca Subjed to appticable law or to a written waiver by Lender.Borrower shall pay to --_-__
<br /> -- Lender on the daY��Y PaYments are due tueder the Nate,until the Note is paid in full.a sum("Funds")for.(a)yearly ta�ces —___
<br /> aad assessments wlrich may attain priority over tiiis Security Inswmeat as a lien on the Property:(b)Year1Y leasehotd�ms _ __
<br />--- or grou�!rems on the Property.if any:(c)Yearly hazard or property insurance premiums;(�yeariy flood insuzance pnemiums. ` _-__--
<br /> = if any:(e}yeariy mortgage insurance premiums.if any;and(�any-sums{bayable by Borruwer to Lender,in accordar�ee with
<br />�-�.� ' the provisions of paragraph 8.in lien of the payment of mortgage.insurance premiums.These items are called "EuTOar Items•" -_
<br /> � Leader may,at any tune,collett and hold Funds in an a��t to exceed the maximum amouat a lender for.��aderally � �- ---
<br /> :.� i�_ nelated mortgage loan cnay require for Borrower's esemw acaam�r under the federal Real Estate Settiement Prpcedures Act of �`��- .-��-
<br /> � 1974 as amended fro�ti�e fo 6me. 12 U.S.C. Section 260I ei:seq.(°R�Sg�").unless another taw'that appties to the Funds �'�'��;�.-
<br /> �,-.z. —_
<br /> sets a lesser�nount: :s�`.sii..ixnd�r may, at any time, co.11ed and hold F�a�s..is�,an amount not to e2cad the lesser amount. ' Y.-� '{:
<br /> - Lender may_estirr�ate c��amount ef.Punds due on the basis'of current�d2ta.a�ieawnabte esamaies of expe�litures rf�fudue �'-
<br /> Fse�ow Items or atheraFi'se�.acro:�ee wi9h applicabt�law. � ; `.. . .�`���,'� �'�`-'
<br /> ;•f..,,
<br /> The Funds sha�?'1�`.i���iis�:institutio�c a�ase deppsits are inspred�,by a federal agency. instrumentality,.c�:':�ecstity :-;;���«r -_
<br />_' (including l.ender,if��r is s'.:h aa institutiaR�qs in any Federal Home Lvan Bank. I:ender shall apply t6e Funds ro�aY ttie :� � ���`:-
<br /> , Escrow Items.lxr�der�av`not ctrai�e.Borroa�.f�r`;fiotding and applyiag the Funds.annually analyzir►g�e escrow aocount.or� ` , -;:�.r':_
<br /> -; veri �n the Escrow Itea�s,un3es's 3..,�ader a s Bariuwer interest on the Funds and a licable taw rrniis,I,ender to�aSce such "���� ---
<br /> fY� B P Y PP P° . •f'''e.`�
<br /> ` tr,r.��
<br /> - - a charge.However,.Le�cler mp��:se Botrower to pay a one-tim�charge for an independent real estate tax reporti�.g_seryice ���.'_`�1`;;:��*`;��
<br /> ;_ r 4-,::�;r b;�;�ti used by t.endcr in cannection�i:1��this loan, unless applicabte law pravides othenvise. Untess an agreement is t�tade or .:, l;'`t�' Y"=
<br /> *�;:r• ��.. ,
<br /> -,{;�;•�,��� applicable laWr requires.interest ta be paid,I.endershall not be_required to pay Borrower any int�rest�r�mings on the Funds. , .; ;_
<br /> ' -'��''rfr"��r`� �orrower and Lender may agice in writing,hovre�•er,thZS`�serest shall be Eiaid�on the Funds. I.en�.�zail give to Borrower, --
<br /> ��" 'r-= '�����'��'r.• wi t hoa t c ha�ge, an annu a l accour��i�g o f t he�r m d s, s h v R;��s�d i t s a n d d e b i t s t o t h e F u a�s a n d t h e p a r p o c e f o r w h i c h e a c h_ = `�', �
<br /> _ �..�.___.-:.;,,;'�,,- :_:,�;--_
<br /> ;•. ,�� ���:;r'l; debit to the Funds was made:7'he�t�ic►s are pledged as add'i�o:.af security for ali sums seearnaf by this Security lnstrument. �s�A, _
<br /> ' �, ar'�;.�': If the Funds held by lxnder ex,,�d the amaunu peimi�ea t�be held i�y applicable la�c.Lender shalt account to Sorruwer
<br /> �" ' ':
<br /> -��*f•_��. >�'�- • • for the excess Funds�in accordanae nich the reqnirzmenu of appIicable law. If the amaunt of the.Funds held by Lender at any �
<br /> -�'�'���:��.<��.�..:' time is not sufficient to pay the.E4crow Items when due.L.ender may sa notify Borrower in writing,and,in such case Barrower � -
<br /> ��.::;,..,'-•... , , r�..:L:
<br /> �����Y_�,b�'?'. .•- shaU pay to l.ender the amount c�eessary ta make up the deficiency. Borrower shall make up the deficiency in no more than � � _
<br /> _�,;,.;,��.�:':�;,� � . �;,;:a. .,_�
<br /> t, twelve mnnthly payments.at I.en�er's sole discretion. �. � �� •� °�
<br /> ,; �5:s.;;;r;;. . ., � ��:,;��'�.�.
<br /> '� � ' Upon payment in full of all sums secured by this Security Instrument, i.ender shall promptly refund ta Borrower any j • ���
<br /> - ''-=/ �`'��� " Funds held by Lender.If,under paragraph 21.I.ender shall acquire or seU the Property,Lender.pdor to the acquisition ar sale ! �
<br /> ;:. ? .; � t � ; ` ,
<br /> } of the Property.shatl appty any Funds held by Lcnder at the time of acquisition or sale ac a credit against the sums secured by
<br /> '��r��,:=� � this Security Instrument. i ... - `- .
<br /> .� .�- ^.`. .I.; �,. � � �;,. �';
<br /> 3.Application ot Payments.Unless applicable law pmvides otherwise.ail payments received by Lender under paragraphs r , ,
<br /> '�r�:`;r`1�' � . � 1 and 2 sha11 be applied: first.to any prepayment charges due under the Note: +econd, to z^�counts payable under para�raph 2: i ` ' ;' �
<br /> ��'i'!;'� • third.to interest due:�ourth,to principal due:and last.to any late charges due under the Koze. �• ��•.-'.�:��•���
<br /> : ,. , : .:..'.: ,:;x;,. �
<br /> :''�°�'• �- 4.Charg�s:f,ieees. Borrower shali pay aIl taxes,assessments,charges, fineti anct impositions atuE'o�able to t,'�e Property �.: ..�.:••.:�-��,
<br /> ' :,;�`r!:„�;. ': � ,; ,'•.i:; ;:`•.�..u�"�.
<br />_ ' :•�_• :�;.;•:;:� ,, ' which�ay attain prrority over this Security Instrumenl. and trasehold payments c�r ground rents, if'a�:. Borrow�er•s..a11 pay ,::.:•..:...; � ,,
<br /> �'":: .'.+,:;r,o': . �. ; :, .1,;.:`,,�.;;y..
<br /> ,;�<i,�„,,.::;y, these ol��gatians in the manner provided in parngraQh 2,or if not paid in that manner.Borruwer shall pay thcm on ti:--��.�rectly � .'':,.�;;;:;;.,�,,,
<br /> ;��is';:.:..�,,..;..:,, ; ; �.;�:-��.
<br /> . ;,,....,a�.� • to ihe person owed payment. Borrau�er shall promptly fumish to l.ender all noticeti of umaunts to be paid under this•paragraph. � .::,,�;,,.,
<br /> =�'�t�'`�.�'f t � � If Borrower makes th.ese ments dircctl .Borraa•er shall rom d furnish to l..ender rccci ts evidencin the a ments. ` ' '
<br /> �• . � DaY Y P P Y P S P Y
<br /> _� ='� �� �� Bonower sha11�+rompUy discharge any lien which has priority over this Security lntitrumrnt unies�Bormwer.(al agre,eti in , i � ,
<br /> _ '�'• �, �, � writing to the payment of the o6lioation secured by the lien in a m;u�ner aceeptable to Lender:(b)contests in good faitb thc lien _. .
<br /> �':t`!'-'=,, by,or defends against enforcement of the lien in, tegal praccedings whirh in thc L�:nder's ��pinian operatc ta prevent the ? i�
<br /> � �"�i' � enforcement of-ihe lien:or(c)ser,J:rc-�from the holder of the lien an agrecment sati�facurr� w Lender subordinating the lien to ! �_ �%;+!,''��
<br /> _ �-"��'� , ���� . this Securi instrument. If LenCer��termines chat any part of the Property is+uhject ta�a iien which may attain priarity over _
<br /> .�i,,�X!` �' ' -
<br /> • this Security lnstrument;l,ender may givc Borro�er a notice idcntifying thc licn. Borrowcr rhal!satisf}�the lien or takc one or ��"� � �-„
<br />_ y '� ��-. � •� .. � • �
<br /> '�=�6�w�-�°~ • mote o!the actions s�forih above wiihin 10 day s of the giving of nmice. • � _
<br /> r�.{,, . : ..
<br /> _ . C•_ fonn 30T.! 8190 �
<br /> - ! � Page2of8 � . .,��:'• .
<br /> ._'.� : ' - . ;'SGit'•4 ..
<br /> – i ^. : ^ '
<br /> __ '- __'—__— - .1:�,:.ji:.5,i..':-.
<br /> ' � '
<br /> _- !. '"' _'___'
<br /> i .•
<br /> t.
<br /> ,.. � . ' �1 " .� .
<br /> �l.Y{��. � ��•'�T} � ": ....� "�. . . , �l..l,l.l�..'�a�F..t, -� j . . v- . - --� .�.—��y�.. .
<br /> .'Rlo:w��}" �t �. ' � . .Y�. '� � . ' . �. . ' ._ "
<br /> ._ �r�x'�__ -- -_.�_�� �... ... .:..�f.�.- ,a�4�-`.i�.-• � JT. �ti.i-�'��..ri�.-... . .. .. ' . .
<br /> •. ...
<br /> _-
<br /> ��,� 9... ._. --� - . .
<br /> -T��.4�, S�rJ . . , .. . . � . , - , .. . . .. . ... .
<br /> .:.' . . . � �. . . . �
<br /> ''_ .... .. . ... � .. _ _ . . .... _ ' _ . .. . . , . .
<br /> i.... `�
<br /> �.-n .._ ..� • . . . � �. . . . . . �. .
<br /> � . �
<br /> "��"�Vi'.'.��..-. .. i . . � � • . . ���}r�11 �. � .. .. _ .. __ . .. ____... "__.-'. __ . _._.__
<br /> _-___ _4�-.5-�4� ..�.. �. :."�.�,". . . � . _ 'a«�...i� :.�_ � . , . .
<br /> —_—���::J.']�'��•.!� ts ''..v:L._ . � -- • '.� .. • ' . .
<br /> .��1�� ��,j,n �v� :Ar`is�.M:�~.� _ ���ft
<br /> - --'-- . _�.rtlL..Y�`".- . ..�x i� . � .. . , � •
<br />
|