|
„-. - . �,.. .�.�T � - ���� _ -- - - - --
<br /> `7�'Y"R�.t 3,� ?',� 4.�, • •'!}i�.'''°''0.�:,�°"ri'F�i°`�"� _ .. apero"�'j'�9'4`N°�t. .,'.',�,r'^t_,",�,'.°t�.'�`'i+7' ,, *'�..�'�c���;;..,'�-l�-,=7`.� .,-�d�',..��a'�.— a� _.
<br /> .�.,.. a i"'s^"'�'i �.•'.-. 1.. r �g �:,J,F ''"f��?"'` .. . y �,�`� _
<br /> ,. . }d.�s�:�. _..:'(.y,".2�d•• a .;qy't ;�ff:!`1'��t�313=}t.� ..�, ..i�.. „t;: 11o�eit: • • ,. . i. �;�aS��t.J. y.„t fh x+-_
<br /> ^ � it,•.: �}{� � s . � .. . . . �+�
<br /> � .. t'�� . ��.if�?'�;� .• e Q�. . . ��- . . . ” - , �.1' y';' .. . � ' .• .�.:��"J
<br /> � y �'i„ . •_ 1�`;`�/t` Ot -'`t ! . �''Tf n . " � d.
<br /> , •i ..,.... , � »{C. , _ , . ' . . . ... . • -
<br /> :
<br /> .
<br /> , �.. .
<br /> .: . ,
<br /> ..�..
<br /> u'"-`"'��'a ...�tr..--... . . .. . , •, ���'.
<br /> . ., . - ,. . /, ; =-,� �......_
<br /> �• ; , i
<br /> . + , � • j . � � - _
<br /> Cm�i�llia--'_.'—_�.�....._._.._.._.� __.. ... _._ _...._.....4 i �• - "
<br /> . � - � ., �.
<br /> ��� �O���Q � � ,'�,.}�,�?'
<br /> 'I'Of1ETHER W1TN a�l the improvcment4 now on c�reattcr crccted on thc propeny,und idt ciiticmcnt.,appurtenunccs. � ' T
<br /> And�ixtures now or hercufter u part of the prupeny. AU mplucementti:►nd udditionx xhaU alw be cnvered by thi.Secudty .
<br /> � In�trumcnt. Alt af the foregoing is r+efcrmd ta in thix Security Imtrumcnt u+thc"Prnpeny." ,
<br /> BORROWER COV�NANTS thut Barrowcr iti luwfully seised af thc estate hereby convc��td and ha�ihe ri�;ht to grunt ,
<br /> � and convey the Property and that the Prapeny is unencumhered,exrept for encumbrances af rec��rd. Bcmower wnrtant+und , _ �` ' ' •
<br /> � wi11 defend generully the title to the Property Aguinst uli ctuims und demandti,subject to nny enrumbrunces uf mcord. , •••'�.�
<br /> THIS SECURITY 1NSTRUMENT combines uniform cov�nants for national u.c nnd non-unifnrm cov�tnantx with • � � -__
<br /> ltmited variations by jurisdictian ta constitute a unifi�rtn security instrument coveri�g mul propeny. ,
<br /> ": .::. - . UNIFORM COdENANTS. Hocro+ver and Lender covenant end agree�n fo�lows: , _
<br /> . ' 1. Pnyment of Principal und Interestt Prepayment and L�te GharRes. Horn�wcr shall pmmptty pay when duc the '"� " ' '
<br /> principal of and interest on the debt evidenced by the Nate and any pm{usyment and late chazges due under the Nate. • �.;'�:.� �
<br /> 2. Flunds[or lbxes and Insarance. Subject to�pplicable law or to u written waiver by Lender.8orra�ver shall pay to , .
<br /> Lender on the duy monthly payments are dui:under the Note,until the Note is paid in full,u sum("Flmds'1 for:lu)ycarly , . • �, -
<br /> ttuces and assessments wl�ich may attuin priority over this Security Instrumcnt a�+a lien an the Property;tb)yeady leasehoid � . '�; '� _
<br /> payments ox ae�acc�d re�ts on the ProFerty, if any; (c) yearly haxurd or property insurance premiums; (d> yearly ftocxi
<br /> insurnnce Qremiums, if�ny; (c)yearty �reoriguge insurance premiums, if any; and tfl any sumx payable by Barmwer to . • . -
<br /> Lender,fin accorcl.artce wnih tC�e provesioas of paragraph R,in lieu of the payment of mortgnge insurance premiums, 'll�ese • _—
<br /> items are calted"�scrow Dtem.s." Le�tder may,az any time,collect and haid Funds in an umount not to exceeii the maximum . . . —
<br /> amount a lender for a feder�9ly related moetgage toan may require for Borrawer�escrow account under the federal Real �:,.,,.,,�
<br /> Fstate Settlement Prmcedares Act of 19'74 as ameraded from time to time,12 U.S.C.§2601 et seq.("RESPA"),unless another , ...�"•�'�--
<br /> law that applies to the Fundc�ets a�esser arnount. lf so.l.ender may,at any time,coflect and hold Funds in an amaunt not to : '•~'"::.,��._'�--
<br /> exceed the lesser amount. d.ender may estimate tP�e amount of Funds due on the basis of current data and reasonable . ;_lysr."_
<br /> esumates of expenditures of future Escrow items or oe[terwise in accordance with upplicable law. •, , '���.;�.:;';�-
<br /> '"����'.� The Funds shalE be helc�in am institution whose deposits stre insured by a federal agency, inst�umentality,or entity '�'�� _-
<br /> .';';_�+,5,,,��••;• (including Lender,if Lereder is such an institution)or in any Federal Home l.oan Bank• I.ender shall apply the Funds to pay � �� ;•'s•
<br /> ;-� ,��,.,jr;y,�.� the Eserow Items. Lenaer rrnay not charge Bomower for holding and applying the Funds,annually anatyzing the escrow ,;.,.;{.;;`� -_
<br /> • ,.�;';;;;'>; account, or verifying the Escrow Ilterte,, unless L.ender pays Borrower intemst on the Funds and applicable law permits `.'k t
<br /> ;';..��:,ti '•.�:;;, ,
<br /> I.,ender to make such a charge. Howe�•er,Lender may require Borrower to pay a one-time charge for an independent real {,•r��v
<br /> ��%�"'' estate tax reporting service used by Lender in connection with this loan,uniess applicabie law provides otherwise. Unless an �% � •. =:__
<br /> � agreement is made or applicable law requires interest to be paid.Lender shall not be required to pay Borrower any interest or ��' ���
<br /> eamings on the Funds. Botrower and C.ender may agne in writing,however.thut interest shall be paid on the Fu�zds. L.ender ��'�
<br /> shall give to Borrower,without charge,an annual acrounting of the Funds,showing credits and debits to the IFwm;ds amd the �" , :'"
<br /> • purpose for which each debit to the Fun ds was ma de. T he Fun ds are p l e dg e d a s a d d i t i o n a t s e c u ri ry f o r a�l s u m s s e c u m d�y • ., �����,,,� . .
<br /> ----_� thi�S�urity Instrumcr;. =` .
<br /> [f the Funds held by Lender excr:d the amounts permi[ted to b e he l d by app licu b le law. Le n der. s txa l l a cc o u n t Qo �" .•:,� ;± .T° p�
<br /> y._.,' .• '� .. a,J�[.:.
<br /> Borrower for the excess �Funds in accs�aalance with thr reyuirements of applicabte law. If the amount of¢he if�a�r.c1s held by �.,,_;., � �;�:, : +�
<br /> �.' Lender at any time is nc�4 suff�icient to pay the Escro�� items when due,Lender may so notify Borrowcr irt�zraaing,and, in ;�;'�-,:S ' , .h.'''
<br /> ?� �,ti;��.`�,. such case Borrow;,r shd➢9 rmy ro Lender the amount necessary to make up the deficiency. Borrower shall make up the :{,• ,
<br /> � �� �•r't"`•''�' de6ciency in no more tha�twelve monthly payments,at Lender's sole discretion. `��'°,���!
<br /> ' ,it�y�t;?�,�•? . ''•tit":,.. ,.
<br /> Upon payment in fall of ali sums secured by this Security lnstrument.Lender shall promp�C}refund to Borrower any ;`,p+�i.',.
<br /> Funds held by Lender. Qt'.under paragraph 21,Lend�r shull acquire or sell the Property,Lender,pnwr to the acquisition or '��%�.�.�
<br /> sale of the Property, shaCl apply any Funds held by fl.ender at the time of acquisition or sale as a credi¢agaimst the sums �'�
<br /> •• secured by this Security Daistrument. �
<br /> 3. Application o!Payments. Unless upplicable law provides othenvise, all payments received b� L�nder under -1
<br /> paragraphs 1 and 2 shall be applied:first,to any prepayment charges duc undcr the Note;second,[o amounts pay�able under �•�
<br /> ' paragraph 2:third,to interest due;fourth,to principal due:and last,to any late charges due under the Nore. ��.::�,�`,��';�HrJf��'.
<br /> �'A'.':'%'� /
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments,charges, fines and impositions attributable to the � . ,�;' �- �
<br /> Property which may attain priority over this Security Instrument,and leasehold payments or gruund reNs, if any. Borrower ��.;�'Y,� ��'
<br /> shal I pay these obligatior.s in the manner provided in pasagraph 2.or if not paid in that manner,Borrower shall pay them on �_'.��, , '�;'�"� .. .. ��
<br /> �; , time directly to the pen�n owed payment. Borrower sha�S promptly fumish to Lender all notires of amounts to be paid under ,�„i. �,�,. •. �1.�
<br /> ' �:p;���,. this ra h. If Bonower makes the,e a ments directl ,Borrower shall rom Q furnish to Lenderrecei S evidencin �"•:�`.•�
<br /> P�8 P P"Y Y P P Y PI• 8 •i��:�i�• "�
<br /> • .S; :� the payments. i ';!;';'•.,;':. �
<br /> • Borrower shall prornpt!}•dischar��e any lien which has priorit} o�er this Security Instrument unless Borrower:(a)agrees , �,.,�4ta��' _ �.�
<br /> in writing to the payraient of the obligation secured hy ihe lien in a manner acceptahte to Lender,(bl contests i:e good faith the � • ��q.�.
<br /> • lien by,or defends again�t enforcement of the lien in,Iegal proceedings which in the Lender's opinion opc:ra:e to prevent the � . '''����`
<br /> ,:,,�,.,..
<br /> enforcement of the lien;or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien '�':.�C�`
<br /> to this Securiry Instrument If L.ender determines that any part of ehr f'roperty is,ubject to a lien which may attain priority "'r.
<br /> over this Security Instrumeni,Lender may give BoROwer a notice iAentifying the lien. Borrower shall satisfy the lien or take •
<br /> one ar more of the actions set fonh ubove within 10 dayx of the giving of notice. s�
<br /> ' S. Hazard or Pr�pe�rty Insurance. Botrowce�hall keep the improvement�now existing or hereafler erected on the .� = '
<br /> � Property insured again�c ?oFS by ftre,hazardti inciude�i within the term"extended roverage"and any other hazards,including . -
<br /> floods or flooding. €or �vhich Lender reyuires imucance. Thi+ insurance shall be maintained in the amountti and for the
<br /> ": �
<br /> r
<br /> Foran�022t 9 90 r�w�e:nJA�upesl •
<br /> t ?-
<br /> . � �
<br /> • • � ��C�-
<br /> . 1�a;`',-:.:
<br /> .. . _. . . . ' `:/� . , • i 1,-� . , � `
<br /> � , . •� .
<br /> '1
<br /> �..
<br /> a
<br /> �
<br /> ti .
<br /> , ;
<br /> � � �
<br />
|