|
_.. ...M.,.,._,....�,., ti. - . ...._._. 7� . -
<br /> ! �`���;::�.����t {�l S �yi..�{�7 '� �lf.�`�r�.�Z; R�'{��a�, i C,�' ir>�``,'it .. _ - - ^ .i,4_„ _.. _.
<br /> �� �"'t'-.V_.r: t�?��;le+� �yJ'"aV����41T i'u���:)� � _ �yt� � �SI�L77S#�u. -
<br /> �. .`�1`f— � +�A'..'rL1�if�lYY'tL��1::it,�Y
<br /> — c�2t'}f:: _ _
<br /> ._-. ��4.��'�T7R"_^�""'�.'..;.�r�.�+.--7:'s•:.,_�..
<br /> . - �::,1' . - . � _-_
<br /> " �*'� � . 4� •• � . � _ ._.
<br /> 4�.
<br /> . � . , �
<br /> ..
<br /> y '�e�'� . .�v -�...LY�-• _
<br /> �f � .f.Y. . .l
<br /> .
<br /> �! :�
<br /> - •~�� I ��/��`� ' ..�5 _.--
<br /> - ...r'�y� ty���y� _ -.._.... ..-_-. ' � ' , --. _ _.
<br /> �� . �.
<br /> .__'�)...':r-S'.'s.�..;=�. - '"(�d-{•��� _ .-_ .'�'_- _' _ _
<br /> � 94- ���'��
<br /> ; .
<br /> - TO(iH1`�iER W1TH sU the improvemcnts aow ar heneaftsr erected an tite ptoperty.and o11 easemenie.appuRCnances. —
<br /> �� � and fixwres now or hereaft�r a part of the prope�y. All replacements and addit�ons shaU also bo covered by WIs Security ----
<br /> -_- -----_. Insm�ment AU of tlne foregoiag is referted to in this SecurIty Inst:ument as the"Property."
<br /> BORROWSR COVENANTS thAt Borrower is laa+fully seised.of the estate hereby conveyed aad bus the�ight w�ran5
<br /> -- ��:•.�i a.nd convey the Prnperty and thut the Progerty is unencuanbered.except for encumbrau�es of record. Domawer wan�ants uact _,_
<br /> ^� — �vill defend generally thz dtIe W ths Pc+eperty agufinst eU cl�ns aud demanda,subj�ect to any eacuatbrunces of rocord.
<br /> =.�':n'�;�°�-s"�:4�j THIS SECURITY INSTR[JNIEIVT combi�es unifarn► covennnta fdr as►donnl nse aad aon-wdform covenamts wtth =,_
<br /> - ��_°°'-_°°�'�_°_�, limIced vartationa by jurisdiction w consdtute a imifomi security instrumeat caverinII real property. `
<br /> --- � —' UNIFOItM COVENANTS. Borcower and Lender coveaant and agree es follows: --
<br /> '�``"'w:����' I i. Peyment ot PrLndpal end Intei+est:,Prepayment end t.ate Cdarges. Botrower shaU promPtiY PaY w4em dua the ��_-
<br /> -�Y'' �•_.�r� princlpal of aad taterest on the debt evidenaed by the Note aad any prepayment and late charges due under the Note. --
<br /> -_ --Y.:fYl• r•..
<br /> �µGx�.'«.-;.�;..• i _ -
<br /> _,,,�;��,.,:�:-. 2. Fbuude for 1bxES and Ipsur�noe. Subject to applicable law or to a wrltten waiver by LendeT.Bo:rowu sh�l pay t� _ _
<br /> b '`:
<br /> :�,.:`�. .;::;{_ Y�.� Lender on the day monthly payments are due under the Note.until the Note is paid in fiill.a sum("Funds)for.(a)Y�IY :��:<,-
<br /> `'=�=�z�' =�'� '�' taxes and assessments which may auain prionty over tteis Se�urity Insuument as a Ifen on the Prnperty;(b) early 1�aselwlcl �`°`�__-
<br /> _�f 'Y:1��,i'.�r ��� _ _
<br /> ,,., ..'��x. payments or gmnnd rents on the Property. if any:(a) Yeaz1Y hazard ar property iasurai►ce pnnmiwns: d)YearlY flo�d ---__—
<br /> . insw�ance premiurns.if aay: (e) Yearly mortgage insurance premiumg. if any:and(�anY swns�ayable by Bomower w .-.�:•_
<br /> - � Lender.in accotdance wIth the provisions of paragaph 8.in lleu of the payment of mortgage iasuzatcce preudums- T�ese i�1�
<br /> n
<br /> .- ..' items are caUed"Escrnw Items." I.eader may,at any ticn►e.collect aad hold Funds in an aznount not m exeeed the Qaaxirmurm �:,_
<br /> o e oan ma uire for Bormwer's escrow account under the fedezal Fesl �'�-- -
<br /> - • � Estat�Settlement for���y of 1974 asrt�Aded fsomYbim�e to time,]2 U.S.C.§2b01 et seq.("RESPA"),unless auother �
<br /> � � � � Iaw that applies w the Fuads sets a lesser amounG If sa,Leader max.as any time.coUect and hold Funds in an amoumt n�t to _____ _
<br /> � " exceed the lesser amoun� Lender may estiaaate the amount of Ftaexis due on ihe basis of cwrtnt data aad resio�able ;;-�,`-;-
<br /> estimates of expendiwres of future Escrovu Items or otherwise in accordauce writh applicable law. ��!�►�-
<br /> � 'I7te Funds shaU be held in an institudon whoso deposits are insured by a federal agency,instrumentality.or e�dty lf.nA':
<br /> �<<;:� �y@'"rr..
<br /> : (including Lender,if Lender is such an institut�on)or in any Federal Home Loan Bank. Leader shall apply tbe Fuuds to pay �,;.>��;,
<br /> ':,;'{�:;� . ,;+ I the F.scmw Items. I.ender may not ctiarge Bomower for holding and aPP�Y�B the Funds,annually analyzing the escrow 1>:_43�:..,.
<br /> ; accouat, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds ar�d applicable law permits
<br /> : I Lender to make such a charge. However,Leader may require Borrower to pay a oue-time charge for an independent real "'`�`;��-
<br /> , _.� �
<br /> estate tax re ortin service used b Lender in connecdon with this loan,unless a Lcable law mvides otherwise. Uuless am �`�;_�,,,.,�-
<br /> P � Y PP� P �,�:;.::.�..-
<br /> � ag�cemeat is made or applicable law requires interest to be paid,L.ender shall not be required to pay Borrower any imterest or �;�::_
<br /> e
<br /> c,�unings on the Funds. Bortower and I.ender may agree in writing,however,that interest shall be paid on the�u�ds. Lender ��,�_..
<br /> shall give to Borrower. without charge,an annual aexounting of the Funds,showing credits and debits to the Ftamds and At¢ -'�r�^,�`s_
<br /> I purpose for which each debit to the Funds was made. 'I7te Funds are piedged as additional security for aJl sums securad by
<br /> I this Security Instrument. ��
<br /> If the FS�nds held by Lender exceed the amounts pernritted to be held by appl�cable taw, Lender shatl aocouuo�tu � =
<br /> • Borrower for the excess Funds in accordance with the requiremenu of applicable la�a+. If tde amount of the FuIIds held by ,,.�;,
<br /> �-
<br /> L.ender at any time is not su£ficicnt to pay the Escrow Items when due, Lender may so notify Borrower in wrieing.amd im 31sM1:'
<br /> such case Borrower shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the ��_
<br /> deficiency in no more than twelve monthly payments,at L.ender's sole discmtion. ��_�
<br /> � Upon payment in full of all sums secured by this Security Instrument,Lender shall promptly tefund co Borrower any
<br /> ' Funds held by Lender. If,under paragraph 21,Lender shal!acquire or sell the Property. Lender,prior to the acquisiuon aar =_-
<br /> '�.�' sale of the Property,shall apply any Funds held by Lender at the time of acqui�it+on or sale as a credi!a�°as2+st the sums •�-�
<br /> � secured by this Security Instrument. � �a
<br /> �:��. -
<br /> 3. Appl3caHon of Payments. Unless applicable law provides otherwise, all paymenu received by l.ender�cnder _
<br /> ,, paragraphs I and 2 shall be applied:fiRt,to any prepnyment chcirges due under the IVote;second,to amounts psryalDte u�nder
<br /> paragraph 2•third,w interest due;fourth,to principal due;and tast,to any late chrirges due under the Note.
<br /> � 4. Charges; Ltens. Borrower shall pay all taxes, assessments, charges, fines and impositions auributable to the
<br /> Property which may attain priority aver this Security Instrument,and leasehotd psiyrnenrs a grou[ed rents,if any. �arower :
<br /> '"",; shalt pay these abligations in the manner provided in paragraph 2,or if not psud in thnt manner,Borrower shnll pny them on t��,.
<br /> time direcdy to the person owed payment. Borrower shall promptly furnish to Lender all noaces of amountc to be paid under
<br /> this paragraph. If Bomower makes the.ce payments directly,Borrower shs►II prompdy furnish c�Lender receipts evidencing
<br /> the payments.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unt��ss�orrower:(a)agrees
<br /> in writing to tfie payment of the obligation secared by the lien in a manner acceptable to Lender:(b>cont�sts ir.g.�od faith ihe '
<br /> ; lien by,or defends against enforcement of the lien in,legal proceedings which in the L.ender's opinion operate to prevent the
<br /> enforcement of the lien;or(c>secures fmm the holder of the lien an agreement saasfac[ory to i.ender subordinating the lien
<br /> to this Security Instrument. If Lender determines that any purt of the Property is subject to a lien which may attain prioriry
<br /> over this Security Instrument,Lender may give Borrower a notice idenrifying the lien. Borrower shall satisfy the lien or take � ..
<br /> one or more of the actions set forth abave within 1 O days of the giving of notice.
<br /> •'�� 5. Hazard or Praperty Insuranm. Sorrower shall keep thc improvement:now existing or hereafter emcted on Ihe
<br /> • Property insured against loss by fire.hazards included within the term"extended cuccrage"and any other ha7ards,including
<br /> � floods or flooding, for which Lender requires insurance. This insnrance shall be muintained in the amounts and for Ihe
<br /> . �
<br /> :' j �
<br /> I Form 3028 9l90 qt+Re 2 r,J6�noges J � , '
<br /> ,. ��:
<br /> . j I;:
<br /> .•; ,
<br /> � ----.._ . .. . . „� . . _ . . .
<br />- _ �i-
<br />
|