|
�'7�iiC-. i� �y�� �� . . ' o " -` —
<br /> � � � i
<br /> � ♦
<br /> ::" � . . r . . „
<br /> . .. .� . �. . . � �, . . _ ...._._-.. .
<br /> Y�r..�
<br /> r��
<br /> . . .._._....�.�...� — _
<br /> �'�'_� ----.._.. , ,qd",!1���'�; _
<br /> TODETHBR WITH nll thc improvementa now or hennfter erected on the praperty,and nil eASements.appurtenanas.�nd
<br /> - • �,� tixtures now or herentter o pAtt af the pruperty. All ceplacements und additions e;hnil ul:w be covered by this Secudry
<br /> instrwnent. All of thc faregaing is refcrred to in this Security Instrurncnt ag thc"F:operty." --
<br /> BORROWER COVEI�ANTS thut Bormwe�is luwfutly seir,ed c�f the cwtate h�reby wrweyed und he.�c the right to Arant und _
<br /> convey thc Property and thac the Property ix unencumbered,except for rncumbrnnces of recurd. �orrower wurrama and will
<br /> � �; defend generully the dtle ta the Property agninst all claims und demanda, subject ta nny encumbrunces of record.
<br /> ; THIS SBCURITY INS7'RUMENT combinex uniform covenunta f�r nationai use pnd nan-uniform cavenanta with limited
<br /> ,'� � , varfutiunA by Jurlsdictian to canstitute a uniform rceurity instrument covering rcal prope»y.
<br /> 'i�� UNIFORM COVENANTS.Barrawer and Lender covensnt and agree as foAown: °- ` ' `'
<br /> - i. Payment of Principal and Interestt Prepayment and Late Charges. 8orrawcr shall promptly pay when due the
<br /> ,* ���.�y princlpal of und intercst an the debt evfdenced by the Nate and any prepayment and late churges due under tha Note.
<br /> 2. Fund9 Pac Taxes and In9urance.Subject to Applicable law or ta u wdtten wuiver by L.ender, Barcower shal i pay to
<br /> r�: '�;�;r;��?•. Lxnderan thc day monthly paymentF are duc under the Note,until thc Notc is paid in full,u sum("Funds")for:(a)ycarly tax� _ _
<br /> ��'�� `�'�a � and assessments which may attsin priarfty ovcr this Secudty Instrument as a lien on the Praperty:(b)yearly Ieaschold paymenta —
<br /> "'�� .L- •
<br /> �� ' '�,`�J+.. Ti:nci�-'�".' j or ground rents on the Praperty,if uny;(c)yearly hazard or praperty insurance premiums;(d)yeady flcx�d insurancc premiums, � - -----
<br /> • � -;''-'c�`'�=',.-�'�'L,Y. ' if an .(e)yearl mort uge insurance remiums, if an and(�uny sums a able b Borrower to L.ender. in accordance wlth
<br /> ;•:�3r ;.,y.� • . Y' Y S P Y� P Y Y
<br /> �f • � •. - the provistonx of para�raph 8,In lieu of the payment of mortgage iasurance premiums. These items are called "Escmw Items." �
<br /> ��` ' �. ``.,.I Lertder ttu►y, nt uny time. callect and hotd Funds in an amount not�o exceed thc maximum amount a lender for i federally =
<br /> � ''� � related martgage loun may require for Bonower's esc�ow account under the federal Real Estnte Settlement Procedures Act of �_�
<br /> �"':�. ��� ' ' 1974 as amended from time to time, l2 U.S.C.Sectian 2601 er seq.( RESPA").unless anather luw that appltcs ta the Funds =_
<br /> � I sets a lesser�mount. If so. L.ender may, at any time. collect and hold Funds in an amount not to exceed the lesser amount. -"�-
<br /> �;,, . , -�-
<br /> � � .. ° Lender may esdmate the amount of Funds due on the basis af current data and reasonable estimates of expenditures of futurc 4���� �
<br /> �:�i�s_-
<br /> �. n 'A`'":°{�v;�_:.
<br /> .. Escrow Items ar otherwise in accordunce wlth appllcable law. �
<br /> � The Funds shall be hcld in an institutian whose dcposits arc insured by u federul agency, instrumentality,cDr entity � ''`'
<br /> . (including Lender, if L.ender!s such un institution)ar in any Federal Hon�e[..oan Bunk. Lender shall apply the Fundsto pay the ,.�,: =_
<br /> Escraw Items.Lender muy not chArge Borrower for holding and applying the Funds,annually anaiyzing the escrow account.or
<br /> verifying the Escrow Items,unless L.ender pays Borrowcr jntcrest on the Funds und epplicablc I�w permits Lendcr t�make such ' _-
<br /> � �., a char�e.However. Lender muy require Barrower to pay a one•timc charge for an independent ceal estute tnx reportin�service �� '�
<br /> ' used by i.ender in connection with this loun, unless upplicable luw provides otherwise. Uniess an agreement is rnsde or � ` _
<br /> �' appllcablc luw requires intcrest to bc paid,I.ender shutl not be rcquircci to pay Borrower any interest or earnings on the Funds. ,;, ,-'�`
<br /> � Borrower and Lender muy agrec in writing, howevcr, thut interest shall be paid on thc Funds. i.cndcr shull givc to Bc�rrower. ����'A
<br /> _____ ,_ ___ ' without churge.un nnnuul ucenunting of the Fundx, shawing credits und debits to ihe Cunds und the purpase foc which each �;�.
<br /> � debit ta thc Fuixls was ri�ude.Thr Fundti are plcdged ati udditinnul securiry fi�r up�ums securecl by th�s�ecurity Instrument. _ ___
<br /> �. I f thc FunJti held by l.endcr exrccd thc uinuunh permiucd k�hc hcld by uppiicablr luw.1.enJer�hul!nccoum to Barrowcr "_-
<br /> Wr thc excess Fund�in ucci�rduncc with thc requiremcnt� of npplirublc tuw. If thr am��unt uf the F'und.held by LcnJer ut uny „ � _
<br /> , .. �� timc i�nut ,ufticirnt to puy thc Esrrc�w Itcm�whcn dur.I.endcr may su nc�tif'y&�rro«•cr in writing.unJ, in wrh rusc�urr��wcr �. __
<br /> „ tihull �ay ta I.ender the umoimt nccry+ury tu niake up thr deficienry. Burr��wer tih�ll nuikc up thr deficiency in no me�re thun ,
<br /> twclvc manthly puymcntti,ut IAnclrr'.r,uly di�rrctiun. ,
<br /> Upon puyment in full ��f ull .um+ �crured hy thi+ Sccurity Inurument. l.r�uler .hull prumptly rcfund tu Barmwer uny �`n
<br /> Fund� hcld by I.cndcr. lf, undcr purugraph 21, isndcr.hull ucyuirc <u+cll thc PrcipcAy,lxndcr, prinr tc►thc acyuisltion nr sule � �`�--_
<br /> � nf the Propeny.shull apply:�ny Fund�hrld hy l.�nJer at the time of ucyui.iti�m urcule u�u credit uguin�t Qie tiums+ecured by ��
<br /> .'� . this S�curity Instrument. ��+��r'�
<br /> � ;.A licution of Puvmcnts.Unle�.u lirublc L•�w r<ividc.ath�rwixx, all a mcc�t.rcccivcd b L.rndcr undcr •ra ra hs A'• �°-�
<br /> PP PP P P'Y Y Pa B P '��F•j;£
<br /> • 1 und 2�hull Ik upplird: 1'ir,t, tu uny pmpaymcnt churgcs Jue undcrthc Nutc: +cux�d. tn unx�unt�payuhlc undcr pur���raph 2; :��
<br /> " " thirci, to intcrc+t duc:ti�urth,t��prinripul duc:und la+t, t��uny lutr rharge,duc undrr th�Notr. •;,d;X�:
<br /> . 4.Charftes: I.ienS. Bi�rrower�hull pay all taxes, utisr.smcntti, charge�, tines and impu�itiun+uttributublc to tlx Property , _-
<br /> � which muy uttain priority uvcr this Scrurin� In>trumcnt. unJ tca«h�,IJ paymcnty i,r gr��und rent�. if any. Borrowcr shall puy
<br /> , these obli�ation� in thc manner pruvidcd in paragraph 2.��r if n��t paiJ in thut manncr. Rurrc�wer.rhall pay them an timc directly .
<br /> �� tn the �xr.�m i�wed puytnrnt. B��rr��wer.hall prumptl�• furni,li to I.rnJrr aU nutirr•01'unxiunt.tu he puid und�r thi,purngruph. • • •
<br /> lf Borrowrr makr.thc.c puymcnt.dimrtly.B�+rruH•cr tihsill prumptly lurni,h tc�LrnJ�r rccciptti rvidencing thc puymcntti. • ' .
<br /> � B�rrn�wcr shall pr��mptly disrhargc any lirn�+�I�icli has priurity u�•rr thi� Scrurit� !n.trunxmt unlr..Burrowcr: (al ugrccs in �
<br /> writing ta thc puynunt��I'thc uhlig:ui�m,ccur�d by thc licn in a manncr ucrrptablc in l.rr�lrr.�h)runtc�t,in g�xxl tai�h thr licn �
<br /> �, by, ar dcfcnJ.ugain�t cnforccmcnt of th� licn in. legal pra«<Jttt�!. t�•hi�h in thc I.rndcr', ��pinion ��Exratc Ni pt�vcnt lhc
<br /> rnfi�rcenunt of thc licn:�rr�c►�crurr.1'rum thc huldcr af thc 1 icn an agrrcmcnt tiatntuvtup• �u Lrndrr wtxrrdinating thc licn to
<br /> thi.Security Inytrumrnt. If Lrndrr dctcrminr.th;U an�• purt�,f thr Pn�prrt� i,.uhj�tit tu a licn ��hicl�muy auain prinrit►� ovcr ,
<br /> : � thi.Securit�• Imtrununt. LrnJrr ma��gi�c Rurrowrr:� natirc iJ�nlit)ing thc lirn. f��rrc,ucr +Lall ,:ui,�j• thr lirn��r tak�unc or � ,
<br /> � mc�rc af thc aclioti�set tiirdi ahovr within IQ day,of thc�i�•in�uf nulirr.
<br /> f . Form 3028 8l90
<br /> . � ' 4��.�1u�1i
<br /> - ��
<br /> , � . �
<br /> �
<br /> r� �. .
<br /> _ .' I' �___' _ ' _ _ ' ._. . . ... ... _ . i
<br /> { }
<br /> �
<br /> } ��
<br /> ♦
<br /> 4� i
<br /> �; f
<br /> ' � '� .
<br /> Y �
<br /> � .
<br /> � �
<br /> , �
<br />
|