|
._� .. ../�� - �' .. �
<br /> ' .. ._� � . _ _..." _ __ . .
<br /> ��� .0 W
<br /> _ __ __-__"^�.r 1JTr_.,�T_`_"�-__. __ ... . ...
<br /> ( ..• . -.._ . . . . . .. . , ... . ..�.r.... ..
<br /> -- ...__ .�.�
<br /> — _ -�-_ -= J �4.. i��,b� _
<br /> 'I'OGETHPR WITH ali the impro�iments now or hercafter enacted an the property.and xll easement���ppurtenanca,
<br /> md fixturet naw or hee�e�Rer a part of the Ex�npeRy. All rapl�cemenu and sddhiont ahall da be covaed by�h1�SxuritY
<br /> l�enunent.A!!of tbe faeQoia�is e+efened to in thi�Secudty Inatrumait ai the"PropectY."
<br /> BORROWER COVENANTS Uut Borrowu i�Iswfully Kised of�he crtate hercby conveyed and tu� the riaht w Qnnt
<br /> �nd convey ihe P�r�ty�nd th�t the Property i�unencumbened� exoept fa encumbrw�e�of raco[d. Borrower wart�ats�nd
<br /> will defend�enerally the dtk to�he Property a�ainu all claims and dema�sdA,subJert to any encumbrancei of rocord.
<br /> TH1S SECURITY INSTRUMEN'f combine� uniform eovenanu for natianal uce uid non-unifam coveiww with
<br /> Umited vwi�Uc�m by juriRdictlon w conulwte�unlfotm wcurity inWVment caverinQ real property. �
<br /> - UNIFORIN COVENANTS. Bcxmwer rnc!L.ender cov�n�nt�nd�ree�fallawr:
<br /> 1. prYru�at af Priactpd�nd Inlerosti Prepaypsent�I.�te Cliu�. Borrower shdl prompdY Pry when due�he
<br /> princip�1 at�nd interc�t on the debt evicknced by the Nc,te unJ w�y prepwyment and late chargcx duc undcr thc N�Hr.
<br /> 2. I�Lpd�toe'hxer and Inwnoce. Subjoct ta�pplicablc lAw or to n written waiver by Letxkr,Barc,wor xtuli p�y to
<br /> Lcnder on ihe d�y monthly pQyment;+uc duc undcr thc Note,until the Nae js paid in fuli.u sum("FLnd�:")for:(w)yc�rly
<br /> uxeK�nd�wea�menis which rtwy Wtain prfority over this�Securtty Insuum¢nt as a lien an thc PropeKy;(b�ycsvly Ieasehold _
<br /> paymentc a ground rents on thc Ptoperty. if any; (c) yearly hazard or property insura►�ce premiumg; c�� y:�riy n�a
<br /> insuc�nce prc�niums,if any; (e)ycarly martQagc insurance premiums, if any;and (fl �Y Rumc payable by 8orcower to
<br /> Lender.in kcordance with the piovisions of paragruph S,in Iteu of the payment of mongage insurence prcmiums. Thesc
<br /> _-,��__ jkms are c�llEd"Escrow Items." Lender may,ot any time,collect and hold Funds in an umount not to exceed the meximum
<br /> „_ omount A knder for a federally nelwted mortgage loan may nqutre for Borrower's escrow accaunt under the federal Rea!
<br /> 'r�� Estate Settkment Proccdures Act of 1974 ac amended from timc to time. 12 U.S.C.$2601 et seq.("RESPA"),unless another
<br /> law that applies to the Funds setc a lcsser amount. If so,Lender may.at any time,collxt and hold Funds fn an amount not to
<br /> , exca;d the lesser amount. T.ender may esdmate th� amount of F�nds due on the basis of current data und reasonablc
<br /> ti ecqmates of expenditures of future�scrow Items or otherwise in accardance with appticubic luw. -_
<br />_= �� The Aunds shall be held in an Institution whose deposits arc insured by u federal Agency.insuumentaltty,or entity
<br /> ' •� �-�±�',,,�,,;r-� (including Lender.if l.ender is such an institution)or in eny Fedcral Home Loan Bank. Lendcr shall apply the Funds to pay
<br /> „'.`';:.: the Escrow Items. Lender rnay not cherge Borrower for holding nnd applying the Funds, annually analyzing the escrow
<br /> •��.;�:.';���'�'�', eccount, or vedfying the Escrow Items, unless Lender pays Borrower interest o� the Funds and applicable law permits -
<br />- � Lender to make such a chaz�e. However, I.ender may require BoROwer to pay a one-time charge fcx an independent real
<br /> � � v� estate tax npotting servtce used by Lender in connecuon with this loan,unless applicable law provides otherwise. Unless an �`-
<br /> - •°`:':�'�'y�'��� , agreement is rnade or applicable law requires interest to be paid. Lender shull not be required to pay Borrower any interest o�
<br /> • ' ae::+�+•+�»�'• '�:�+ earnings onthe H�nds. Borrower and I.ender may ugree in wdting,howevcr,thut lnterest shall be paid on the Funds. Lender
<br /> � ��:�•'���� �- • • • '• shall give to Borrower.without charge,an annual uccounting of the FLnds,showing credits and debits to the Funds and the
<br /> ` '^�fi•a�,.�,�:,.� ,_ ,: _, purpose for which each debit to the Funds wes made. The Funds are pledged as additiotwl secudry for al( sums secured by -=
<br /> ,����� • � this Securiry I nswment. `��`
<br /> "".��-•-�.—���� If the Funds held bv Lender exceed the umounGs permitted to be held by applicable law, Lender shall account to
<br /> • Borrower fa the excess Funds in accordance with the requirements of applir.abl�law. If the umount ot the tUnds heid by
<br /> ,t� . Lender at any time is not sufficient to pay the Escrow Items when duc. Lendcr may so notify Borrower in writing,and,in Q;,=
<br />. � such case Bonower shall pay to Lender the amount necessary to make up the deficiency. Borrower shull make up the -
<br /> � deficiency in no more than twelve monthly payments,at Lender's sole disccetion. _,..._..
<br /> '���� U n a ment in full of all sums secured b this Securi Instrument, Lende�shaU �om tl refund to Borrower an :�-_
<br /> . �.°t�.. • P� P Y Y �Y P� P Y Y
<br /> Funds hcld by Lcnder. If,under pamgraph 21,Lendcr shall acquire or scll the Property,Lendcr,prior to the acquisition or �"�"
<br /> `�,•� � •�"�'�' sale of the Property,shall apply any Fvnds held by Lender at the time of acquisition ur sale us a credit usainst the snmx �
<br /> _. ' ' secu�+ed bythis Secuaty Instrument. _-
<br /> -�� 3. Applkation of Ps�yments. Unless applicable law provides otherwise, all payments mceived by L.ender under ,
<br /> -_�* � • paragraphs 1 and 2 shall be applied:fir.u,to any prepayment charges Jue und�r the Note:second,to amounts payable under ��
<br /> ;� ' , paragraph 2;third.to intercst due;fourth,w principal due;and lust,to any late charges due under the Note. �•�_
<br /> 4. Charges; Liens. Borrower shall pay al! taxc,, assessments, charges, Gnes and impo�itions attributable to the �
<br /> , Property which may attain prioriry over this Security Instrument,and lea�chold payments or ground mnts, if any. Borrower �'_
<br /> shall pay thesc obligations in the manner provided in patagraph 2,or if not paid in that manncr.Borrowcr shall pay them on -
<br /> ' timc direcdy to the person owcd paymcnt. 8orrower shall promptly turnish to Lendcr all notices of amount,to be paid undcr
<br /> - this para�raph. If Bornower makes thesc payments directly, Horrower shall promptly furnixh to Lendcr receipts ev�dencing
<br /> the payments. •
<br /> Borrower shall promptly dischurgc any lien which hax prioriry over this Security Instrument unless Borrower:(a)a�rces
<br /> �. in writing to the payment uf the obligation secured by thc licn in a manner acceptahlc to Lendcr:tb)contetits in guod faith the
<br /> _` :. � lien by,or defends aguinst enforcemcnt of the licn in,Icgal prurreding.which in the Lendcr ti opinion operutc to prevent the
<br /> ` enfo�cement of thc lien;or(c)secures f'rom the holder of the lien an agreement satisfurtory tu Lcndcr subordinating the lien
<br /> to this Security Insuument. If Lendcr dcterminc.that any part of the Property i.wbjcct tu a lirn which may attain priority ,
<br /> � .:•�.- ovcr this Securit�� Inxtrument,Lendcr rnay give Borrower a notirc identifying the lien. Bc�rro�vcr.hull suti�fy the lien or take
<br /> � • one or more of the•rctions set forth above within 1 Q duys of the giving of noticc.
<br />- S. Hazs�rd or Property insurance. Borrowrr shall kcep thc improvcmm�t,now cxi�ting on c�r�aftcr crccted on the
<br /> � Property imured against loss by firc,hsu.ardti inrluded within the term"cxtrnded cu�•crage"and any uthrr h�uards,including
<br /> � '!Y floods or floodinb, for which Lcndcr rcquires imuruncc. This inwrancr shull hr muintuincd in thc amounGC and for thc �.
<br /> '1r ! ., I
<br /> �_ '` Form 3021i 11190 I/wge 1 ofn�Xe�� L
<br /> �
<br /> ; : �
<br /> • s t
<br /> .. • • ,
<br /> t � .. , .. ...
<br /> . ._.�...�. . . ' . .. . r.r.�,�...,,,/..iyMM�wr.Mrn.tr...... ..� . _... _.. . ... . .. , ..
<br /> ;i
<br /> ' �
<br /> �. Ra
<br /> r
<br /> �. '
<br /> •�� • � �4�y��.
<br /> . . � .. �
<br /> '
<br />
|