|
. ._
<br /> .� r,.� � . .
<br /> —- -- — -- _ _ - -- - - - --
<br /> •�.�_�.__�sr ��__ - �il' _ _ . .__ .-
<br />�., .. . 1 � ��.. - _ ..
<br /> r . J_-: � ; I��.1 , ri
<br /> L
<br />_ `�� � � � � ����- �� .... _-
<br /> ' � . �� _ . . _. _. . ._—'__.-
<br /> _=' , fl � ..... _ . _.��.�.
<br />�::���:--=�-:-q-;� 94- ���oyr�
<br /> -° - TO()S'fH�R WITH all the impmvcmenta now or heceaftcr cre�:ted on the pruperty.and a11 cufiemcnt�.appurtennnczs,
<br /> �' and flxtures now or hemuf¢er a purt of tha property. Afl tepictcement�and addtdona ahatl also be covemd by this Secudty
<br /> -� _ � Insaument. All of the foregoing ia mfemed to in this Securlty lnattumeat tu�the"Property."
<br /> _" BORRUWER COVENANTS that Borrower is tuwNlly seised of the estato he�eby convoycd and hua tho right to geunt
<br />_.� __ ____ __ __ __ anA convey the Prapeny end that the Properry iA unencumberc�,oxcept for ancumbronc�.w of recotd. Borrower warrants and
<br /> '' �_ wiU defand geaerally the dtle to tho Pmpecty agatnat WI cluims and demands,subject to any artcumbmnceH of recurd. _-� ------• �--°
<br /> ,
<br /> �` THIS SECURtfY INSTRUMENT combinea uniform covenntets for uutianai use and non-uniform covenants wlth � -
<br /> =� limlted varistions by jurisdicdon w conatitut6 a uniform recurity instrument covedng rcal prapMy.
<br /> « UNIFORM COVENANTS. Born�wer and Lender covencutt attd agree ux followa:
<br /> 1. P�ymeat of Petnd�m!wnd Interea�PePpayraent aad Late Charpjes. Bonowcr shull promptly pay when due tho
<br /> � • :•y ��;",_"�; .� princi al of and interest on the debt evidenced by tha Note ond any pmpnyment and late charges duc under the Note. __
<br /> ���'s`r-�'�' '�� '� � �nds[or 7htces and Iasnranco. Subject ta npplicabte law or to u written wniver by Lender.Bo�rower shall puy to
<br /> ' NV�.�:.r»•.:..!��. e:. :
<br /> �u �•.�•; L.ender on the day monthly payment�ane due undcr the Note.undl tho Note is paid in full,u Rum("Funds")for.(a)yearly
<br /> ��, _. •��� �-_�
<br /> uuces and assessmenta whfch may ntteln pdority over thIa Security Insaument ag u Iten on tho Property;(b)yearly IeASehold -- -
<br /> a i—. " �=':---
<br /> �:.';;;�,�";�,: �:';,;�; paymenta or ground rents on the Praperty, if any; (c) yesuly hazerd ar property inAUrnnce pmmiums; (d) yearly flood � ..
<br /> • "'�' : �:.'°;�' insurance premiums. If any;(e)yearl mortga�e inaurance ptemiums, if eny;and (� any suma pnynble by Borrower to
<br /> J h.�i ;.;.. . Y^��� �_�--__
<br /> f-�, I.eader.in accordance wlth the provia ons of paragraph 8.in lieu of the payment of mortsage lnsurance prerttlums. These .� '�
<br /> �•_��_
<br /> ' '` items are called"Escrow Items." Lender may.at any time,collect end hold FLnda in an amount not to exceed the maximum t�-_
<br /> ' t � amount a lender for a fedendly related mortgage loan may require for Bomower's e�cruw uccount under the federal Real � •<��-
<br /> ..�. _ ` �.:.:a'.;�' Fstate Settlement Procedures Act of 1974 as amended fmm dme to time.12 U.3.C.�2601 et seq.("RESPA"),unless another �• �.�'°y`�_=
<br /> { • „ ° � � law that upplies to the Funcla se�c a leaser emoun� !f so,[.endcr may,At aaty tlme.collect and hold Funds in c►n am�unt nat ta _ - _ . _ __.
<br /> - _--_•_�_-- cxcced the les:xr umotutt. Lender may ectimAte the amount of Fundx due on the basis of cument data and reasonable _ , __
<br /> .,�,: " � � esdmates of expenditures of future Escrow Items ar otherwise in accordence with applicable law. • .
<br /> � ' � 'Ihe Funds shall bc held in an insdtuflon whose deposits are insured by a federal a�ency,insuumentaliry,or endty ___
<br /> ► • . (including L.ender.If Lender is such zn institudon)or in any Federal Home Loan Benk. L.ender shall apply the Funds to pay • -
<br /> the Escrow Items. Lender may not chargc Borrower far holding and applying the Funds, annualty analyzing the escrow _
<br /> � account, or verifying the Fscrow Items,unless Lender pays Borrower intemst an tfie F1mds und npplicable law permits �_°---
<br /> � Lender to meke such a charge. However,I.ender may requjre Borrower to pay a one•time charge for an independent real . +
<br /> " estate tax repordng service ur,ed by Lender in connection w3th this loan,unless applicable law provtdes atherwise. Unless an '�=-- _
<br /> � ' agreement is made or applicabte law requires intemst to be pu�d,Lender shall not be required to pay Borrower any interest or `_— _
<br /> � eamings on the Punds. Bairower and Lender may agree in wrlting,however,that intcrest shall be paid on the Funds. Lender '�� _
<br /> shall give to Borrower,without charge.an annual accoundng of the Flmds,showin�credi�s and debits to the Funds and the "
<br /> _. � ' __ pwpose for which each debit to the Funds was made. The Funds are pledged as additional security for all sums secured by ,, � � �
<br />-- ,., this Secudry Insuument. ,
<br /> � If the Funds held by Lender exceed the amounts permitted to be held by applicable law. Lender shall account to - .
<br /> •• Borrower for the excess Funds In accordance with the requirements of applicable law. If the amount of the Funds held by
<br /> Lender at any time is not suf�cicnt to pay the Escrow ltems when due. Lender may ro notify Borrower in wdting,and in �
<br /> : such case Borcower shaU pay to Lender the amount necessary to makc up the deficiency. Borrower shall makc up the �
<br /> �. ' . . � deficiency in no more than twelve monthly payments,at Lender's xole discretion �> � '
<br /> ::. .-�-- - ._._. , ti., o .•,,� r �
<br /> --=•-.--- . - .;,- � Lpan paymcnt in full of ait sums �ecured.., tlti_�S--:r..y !!►�r��m�m, t.Pn�ier shel!pmmptiy mfund to Borrower any �-.,_.-.--Z:- -- �,_
<br /> � ' "� Funds held by Lender. If.under parugraph 21,Lender shall acquire or sell the Property,Lender,prior to the acquisition or ; � .
<br /> _ ' � sale of the Property,shull apply uny Funds held by Lender at the time of ucquisit�on or sale ac a credit against the sums .
<br /> secured by this Security[nswment. ii;�,
<br /> 3. Appltcetton of Poyments. Unlesr applicuble law providcr otherwise,ull payments received by I..ender under :�,;
<br /> •. • para�raphs 1 und 2 shall be npplied:first,to any prepayment charges due under the Nate:second,to wnounGc payable under . •.t�e� '
<br /> . perugraph 2;third,ro Intcrest due;fourth,to principal due:and lust,to uny late charges due under the Notc. • �R• ,��
<br /> 4. Charges; Liens. Borrowcr shall puy all tsuees,axsessments, chargc�, fincs and impositions uttributable to thc ��;,�`�.�,'-�
<br /> Property which may uttuin priority over thiti Security ln�tcument,und lea+ehold payments or ground mnts,if any. Borrower �/ �;,�•. �
<br /> • shall pay these obligutions in the mnnner provided in pur:sgruph 2,or if not paid in that manner.Borrower shall pay them on �
<br /> ' ' time directly to the person owed payment. Borrower shall promptly fumish to Lender ull notices of amounts to be paid under --
<br /> this pnragraph. tf Horrower makes these payment.Ji�ectly, [3orrawcr shali promptly furnish ta Lender receipts evidencing .� ,....-- -��*
<br /> thc paymen�s. f -�
<br /> • Borrower s ha(1 prompt ly d isc hnr�e any l i e n w h i c h h n ti p ri o ri t y o v e r t h i s S e c u ri t y I n s t r u m e n t u n l e s s B o r r o w e r:(u)a g m e s , , ,
<br /> in writing to the payment of the obli�ntion secured by the lien in u manner acceptable to Lender;lb)contests in goad fuith the , �. "�
<br /> lien by,or defends a�ainst enforcement of the lien in,legal proceedings which in the Lender ti opinion opernte to prevent the :;
<br /> � ' enforcement of the lien;or(c)secums from the holder of thc lien an agmement satisfactory to Lender subordinating the lien '�•�":�� " �:
<br /> to this Security Instrument. If l.ender detemiines that any part of the Property is subject to a lien which may attain priority •
<br /> over this Secunty Insuvment,[.cnder may givc Borrower a notice identifying the lien. Borrower shull tiatisfy the lien or take .
<br /> � one or more of the actions set forth above within 10 days of the�iving of notice. 4
<br /> , 5. Hazerd or Property Insurance. Borrower shail keep the improvcments now existing or hercafter emcted on the • :''
<br /> Property insured uguinst loss by fire,haxards included within the term"extendcd covemgc"and any other hazards,including i
<br /> i floods or flooding, for which Lcndcr mquires insuruncc. 'Chis in+urancc tihall bc maintaincd in thc amounts and for thc . ,.
<br /> s � . �
<br /> � Form 3028 9�o rPuxP z a/n puRes�
<br /> • , .';
<br /> ., ' S,._._._. - __ ._ .. .
<br /> . �
<br /> �I
<br /> : ,
<br /> r � ..
<br /> :i .
<br /> �.. ..
<br /> . r
<br /> ■ �.
<br /> . ) ,
<br /> �.. . . 1
<br /> � �
<br /> �
<br /> !i • ..- _ . . _. . . _ ... � . _ ._ .
<br />
|