|
1_� .. ',•J�.+.. .f � ..f.F ` . . .. i.;-=� --__
<br /> ��� /'� i / . — _—_
<br /> . ' _
<br /> .
<br /> �.
<br /> �� a....___..�.cr�la� . . .n.:.wwwVM.�i-__ " -..._._. _ ___�___... ..... ... ..
<br /> �►
<br /> .._����m���e� ����
<br /> - 7'Op�S1H8�WiTH a11 ti�e improvc�nent�naw un c�rcAftcr acctcd on tho{�����x�•sy,ua�d ul!ru�r��ir��t�,B���iit��nEani rr,
<br /> and flxtures now or hereai�er n paa oP tha propeny. AII[CpINL'C111�111R QIItI 6d1�IU1N1N NI6AII NIMi�l'l1Y@f!O Iiy(�ir li�qrity
<br /> - ----- InatsumcnG All of ths forcgairs in n;feeR+cd to ln thta Sccuttly fn�trumcnt�a 1he"Nmperty"
<br /> 80RROWEiR COVBNAN'f8 that poemwer ix IawN11y ec�ecd al tho c�tate hercby cnnvoycd Mrn!hw�INM rlMhl lu NrMn1
<br /> __ _ _ and convey tha Property ond thaa the!'rupentY ia uneneumbared,ezcept fa cncumM�xee uf�K�+rJ. 11iKn►w�r awtMrK�Nntl
<br /> — wlil defend generalty the dtto to th�t Property�gdnet aU ci�imx�nd ckmwndr.eub)cct tn Mny enc�a���t�r�e��►t��,�u►d. �--
<br /> -- -- THt9 SI�CU�tI�"Y fA1S'I'RUM�NT curo�Gl�x:x u��tlw»�wvc�iunta fur uatic,��ai u.a uiul n:sn�an�ti,tn� cuvrny»te r�lth .- �
<br /> Ilmited variadons by judRdictfon t�conr�tituto a unifam eecvdty in�Itutn�nt cavocin�rc�l pn�peny.
<br /> 1;� UNIFOWvI COVENANTS. Borrowcr and l.ondcr eovcnAnt attd w�no u�folluwn:
<br /> �' 1. Pnyment ot�elndpal and Inte�t;PrepNyment�nd I.Mte Ch�r�er. Bum�wcr ehwli�xmr�{wty��y�wh�n du��he
<br /> princlpal of and interest on tha d�bt evidenced by tho Noto nnd uny pnpayment und laro chur�{e+duo umkr liw N�Na.
<br /> 2. Fwnds for TMxea and Ieuur�nce. Subjcct to appIlcablo law nr to�i writtco wulvcr by I.cn�kr,HiHmwcr NhNll��wy t�i
<br /> � ', LeAder on the day monthly paymcnte nro due undcr tho Nota,until the Nate in puid in 11t11.n Ruti�1"Itin�lv"I IiH:lw1 yrMtly
<br /> ",�, texes und asscssmenta which may uttaln pdarity ovcr thia Sccurlty[netsument ax u iten on�ho Nn►penyt Ibt�c�riy fr.w�etN�hl
<br /> ' payment�or graund rents on tho Propetty� if any; (c)ycurly hn�.anl ar propchy Inxur�snco �+ncmfutn�t 1,11 qe�uly It�N�I
<br /> ',' insurence premiume, if uny;(e) ycurly mnrtgag� inRUrnncc promlumH.if uny; und(f1 wny ennth�wYwhlu hy il�wu�wet lu
<br /> " Lender.in eccordance with tho provieiong of pnmgmph 8.in licu nf'tha puyment of nx��t�ugo Inxurx�xo prrn�lame. 7h+��o
<br /> � items are called"Sscrow Items." Lender muy.ut uny th»e.cultrct and hold t�indx tn un�miaunt nnt to r�cced Uw n�neltn��n�
<br /> �^r R,
<br /> ��'�;„ a�rtount a lender for u federally minted m�rtgogo loan may rEquiro Par Burrowcr'x cxrn►w ncriuml undur Ilw f«I�rwl Kcel
<br /> _ :�:.;���
<br /> Eswte Setticment Ptocedurea Act of 1974 as umended from dmc to tlmc.l2 U.S.C.�2blli ��aer!.t"NIfN1�A"),unle��wtNNikr
<br /> ' y�,��,;�._�2�•. . law that applics to tho Funda set�n le.9ser amount. If so.Lender muy,at any�Uno,coilrxt ruid hul�l HUuJx tn un wn�x�nl iwt io _
<br /> :���.;•�{�;.�;.-:;� .;��' exceect the tesncr w��uui�t. Lendac may esdinato iha amaunt aY Wn�due cro shc l�t.qla t�f cusre:tt ���!n!e! rek�uwl�lo
<br /> �1.; �- -,;;•��°:.� eatimetes of expenditures of future Escrnw Iteme or otherwlso in accardunce wfth appIfcnhle law.
<br /> ";,':`,''.. .� ��� The Funds shalt be held in an Institudon whosa depostty ac�e tnsuted by u fcdcr�i ngency�fnr+tnmwntutlly,ur cndty
<br /> :-,����;,"t�.:��•;-,�•:•,,. (Including Lender,if Lend�r iR such un inxtltution)or in uny E�Cdeml Home laun Bunk. l.cnder xhnil upply tho(lmdy lo�ay
<br /> � ,'.'� � ��= the Escrow Items. L,ender may nat churge Bnrrower for halding and npplying the MmdR,annually nnulyiing tho rac�ow
<br /> , account.or verEfying the Escrow ItemR.unlesa I.ender puyK gorrawcr intcmxt nn the htindx and u�pliriiMle luw {wrmlty
<br /> , " • , ' Lender w make such n charge. Hawever,Lender muy rcqulre Borrower tu puy i►ane•time cNurge fnr a»Indepcuiknt rcul
<br /> " ., ,. estato tex reporting service uRCd by Lcndcr in connectinn with thie loun.unlcea upplicuble luw pnwldea otherwlae. lbilr.rq nu
<br /> ' - . agmement is madc or applicable law myuires lntcrcat tn be puid,T.endc�whull not Mc rcquired to rny Narrnwcr uny fntercwt or
<br /> � earnings on the FLnds. Borrowcr and l.endcr muy ugroe in writing,however,thut intcrcst Khull hr puid un Ihu N1uul�. I.nttckr _
<br /> `::�'�.. ' shall give to Horrower.without charge,un unnual uccaunting of the Fund».showing crcdit�and debitn ta tho Nl�i�dr�ond thu
<br /> �. purpose for whtch euch debit to the �Unds was mudc. The FUnds ure picdged ua udditinncd Kecurity!'ar aU�umx hccure�t hy
<br /> - ,
<br /> � ,. � : ` this Security Insuvment.
<br /> � If the l�undx heid by Lender ezceed thc umountx permitted to bc heid by uppNcublc luw, Len�icr xhnll mcouut to
<br /> .. Borrower for the excess Funds in ac.cordanre with the mqu�rcment�af'applicuble luw. lf the umount nP the Nundr►hcl�hy
<br /> . . Lender at any timc is not sufficient to pny thc Escrow R�ems when due,Lendcr moy xc�rtaQfy Hum�wcr in writing,imd,In
<br /> such case Borrowcr shull p�+y to Lcnder the umount nccesxur� ta mulee up the deflcicncy. sarn►wer whail muke up Ihe �•;-
<br /> ' ' • . . deficiU�y�ip��mn`re th�ituf Iii um�+hx�uu u'vy1iu rt��uc�y u nu�ui�2Mli:wi'idcr,l�a�� pm�rpily rci�r�3 ��um:..rs�n; -
<br /> . ... ._ .. .. ._. �� s ... , -��-
<br /> �nds held by Lendcr. If.undcr purugcuph 21,Lcndcr xhall ucqulre ur scll thc 1'roperty,l.cndcr.pdor to thc ucyui!+ition or ��-�::
<br /> .. sule of the Property,shull upply any Fund�hcid by Lender ut thc timc uP ucyuixiticm or sulc us u crcdit uguMxt ihc xutnv �,,�,
<br /> ; secured by this Security Insuument. '
<br /> . 3. Appl[cation of PoymenfH. Unless upplicubic luw providr�utherwisc, ull paymenlK rcrcived by I,crtdcr undcr
<br /> ; paragraphs 1 und 2 shnll be upplicd: first,to�my prepayment chi�rgex duc undcr the Nutc;�econd,a�amountx pnyublc undcr •
<br /> pasagraph 2;third,to intcrest due;founh,to principul due;unJ�us�,tu uny lutc chursex duc undcr thc Notc.
<br /> ' 4. Charges; I.tene. Barrowcr shuU puy ull tuxes, u+ticssments,churges, finc+und impuxiti�►nx uttributnhlc t�� tite •
<br /> Property which may attuin priority ovcr thi�.Securlty lnstrument,und lcu+rhuld p�rymentti or gn�und rcnt+,if uny. fiurn►wcr
<br /> shall pay thesc obligutions in the munncr pruvidcd in purugruph 2,ur iC nM puid in thut munncr.Burc�►wer+hull pny�hem on
<br /> dme direcdy to the person owcd pnyment, f3nrn�wer,hull prompQy furnfyh to Lendcr ull noticc+cif amountx to Ix pnid undcr
<br /> � this pnrngrnph. If Bortuwer mukcx thc+c puymcnt�direcUy,8uuuwcr •huti pr<►nipNy fumihh to l.cndrr n:eeipts e��idt�et:ing
<br /> the payments. ,
<br /> . Borrowcr shull promptly dischurRc uny licn which liu+prtority uv�r ihi�Sccurity Instnmxnt unlcti.Hurruwcr.p�{n}�na
<br /> ; in�writing to the payment of the ahligution ticcund by thc Iicn in u munncr acceptuMlc tu l.endcr;cbl r�mtests in g�xxf fuith ihe
<br /> lien by,or defends uguinxt cnforcement af thc licn fn,lcgul pnxrrdings which in thc I.endrr+��pinlon uperutc h�prevcnt tin
<br /> enfarcement of thc licn;or tc)secun+from thc holder of thc lirn i►n ugnrnxnt.,ni.fnctury tn I.rndcr huM�rdinculn�tl�c licn
<br /> � to this Security inxwment. If Lender determinc�thut uny purt of the !'n►�xrty i..ubject to u lirn whirh nmy uttuin prlurlty
<br /> ' over this Security Insuument,Lendcr muy givc Bormwcr u nutice idcntifying thc licn. �mowcr.hull tiuti+fy the licn or tuke .
<br /> one or more of thc actions set forth ulx�vc within It)duys uf thc giving of nuticr.
<br /> � S. Hazard or Property Insurnncc. Borrowcr zhull krrp thc impruvc�nrnt.nuw rxititin�!or Imn+►1'ter rmctcd�m thc
<br /> Property tnsurcd ugainst loxs by fire,huiurd,includcJ within thr tcrni "extcndrd rov�r��gc"und uny othcr hunird.,hirluding
<br /> floods or flooding, for which [.cnJcr rcyuiro�in.uruncc. 'I'hi. imuraixr .hull hc nwinti�incJ in thc+�nu�unt� unJ li�r ihr
<br /> 1 ' �
<br /> � Fi�rm302M VI9U �p�ur1��►npuvr�i I
<br /> ' ...
<br /> �.
<br /> __ --- ... ,. .
<br /> _- �. . . ... .
<br /> ��
<br /> . .i�
<br /> � �
<br /> t �. ,
<br /> . . ;
<br /> �� ' � .____� _
<br /> ►� _
<br />
|