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<br />>--� .. '�.� ,��' � < `�� T+pii�Q4TfH ull ths impruvem�►t's now or:hr.rentter eracted on the pray�rtY.,�nd.ail e�semEnts.uppurten��aa� -- -- ----
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<br />=;t . : :. fiicetires�r�ow or h.e�aRer e part of the property. Ail rr�plac�t�t►ts aiu!uddiiions s1�a11 alsn b�.00vet�cd by.tb3s.�ecv�ity
<br /> ;� ��,fnstnunent.Ali of th�fon�oinr is refem�ecl ta in tbfis Sewdty,�ei�!ns the�•Pro�,sercY•° . ` ' • �
<br /> '� ;. ' B�RItO�YER�QVBNANTS tluu Bflrmw�r.9�.lnirfiilly setsQd.of the estnte 6emby.conveyal and tuis the righs ta�int ------
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<br /> _ :�`4:�,�` cJ,� oam�ey[he IrrogeRy and tiu�t the Pmpe;ty ia une�ic�ered.except for.enaimbr�ncts of reaord. Bornn�ver r�or�ts and � , __�
<br /> `,e ,�'<'���',`,EF defend gei►erally the�itie to tha Progerty�gsiast all cl�ims and demands.subject to utiy'enr.�mbranoes of reooxd. `
<br />- �'' ;��'�'��g..w TH3S SE�.`URTfY 1NS74tUMSNT croanbines unlforai mvenants for�i�aui usa and non-unifoan uut�venants with limdted�
<br /> '. .� '�•' y,n':h�t.nt�_.��.'... � . . . . ., . . -- -__
<br />_': �::.�'�: ,.° �� . variations by jnrisductIon to constitute a unifarm sc�curity insfn�mant wverirtg real Qroperty. , , ---.---._._._..---._
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<br />_ �.,�°• � , UNtF itM COVENANTS.Bormwer aad Lender wv t aaQ a as follows: . _____--
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<br /> , " �� ` _-", ` . l. Ps}�ion�mt oY Frindpal and Intc,�esit Pregay��ni�aiid Ltite Cbaiges. Ba�ver shall piompdy pay wh�c►due-tlie ___
<br /> '. ;E.,' ` ' _ principa!of and'mterest on the debt evIdenaed by tfhe idote and atry prepayment and_tate charges d�te un der t he Note:� {�9 - ��,� _
<br /> `� ,_;,,:�_�: � � �:�'antls for Tasc�aaid Iasurnnce. Su6ject"to applicable law or to a written waiver by Lende�,Sorrower sUall pay to � _- � ,
<br /> - '' �'" �' �'�`��� Lender on the ds�y monthly p�yments s�re due under the Note,untti the Note is paid in full,a sum("Funds")for:(a)year�y tt�ces �,;::=�_���;,k�.,:_�-_=_:
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<br /> �.;:;?;r<�,� and assessments which may attain priority over this Security Iastmment�.s a liea on the Pcoperty:(b)yearly leasehold paymenis. - �.,;�;.;�s:-==__.�.:.:.N-:
<br /> _ .'-`�s:.::`: '.. . or grounsl tents on the Property.if any;(c)Yearly haraN or property insivanoe preauuma:(d)Yearly Qood insurance pr••••,^,n;a, �,�,�:- --- --_-..
<br /> " :; ` �' .�. - if any;(e)Yeariy mortgage insurance premiums.if any:and(�any sums payabte by Borrower to Lender.in a000rdaace with . „� - --- _-__
<br />= the provasions of paragraph 8.in lieu of the�ayment of mortgage insurarece ptemiums.These iteats ure called"Escr+ow Iterns.' �,a_«��-�'"�'.-"`=�-
<br /> _ „ :.;..� �:;�:�==_
<br /> �� . L�nder mag�at any time.oollect an�hol�Funds in an amount not tn excead the maximum amount a lender for a federaIty � �.,�,r�.�.�-.
<br /> _1,� . � ceYa.tc�et�a�e In,a�tuay require for Borcower's escrow a000unt nnder th��oQeral Real Estate Settlemant Procedures Act oE �F '� � _ _
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<br /> � ' 1�374 as,amerldrr;�f frogn.Lirrie to time. 12 EJ.S.C. Section 26fl1 et s�g.("I��FA"}.unless another laui cAat applies ta rhe Fnads - _;��;�:--------
<br /> `-<< ,.. set�.a�er a�unt:�ser;�may.at any rime. coltect aird.hatd�uu�s in ar�amflupt nat Ya e�ceed t6e t�ama�a� 1 *r:v
<br /> '=; �t�``!`�';!�,�ij,�,1 ,�_,' L�adea u�te:j estimate the a,�atrasf•��wnds due on the 6asis ceE�c stata and reasanabte estimates af er.p�ditrues m,f fut�ete `��� � _ -- --
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<br /> '�s„�� F ` � .•� .�`t.�; � Esrrowltemsosothec�iseiaa�ti.�ea+ith Iicablelaw. -. '�-' :=� .`° .:��' '. � . �
<br />���� ,. .. � • . The Funds s[t�a�,f�e tx�tci: cix a�r:.ins6tfct�sv:.o�fisqss depQSfc��aie�nrsv:co� by a federal agency, itrs,�errtality, �ar ea3ity• .; , ,� �Ff4 �, _--
<br /> -:, > , ,._� �� - (inctuding Lender,,if d�ci��'nar�"�stiwtiaiiyor in any�o�rsl fIoitie Loar►Bank.Lender shall appty the Funds���ay�the:c..,>::..- � r` _ -_-
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<br /> ° ': Fscrow Items.Lender may nfli��i3orrower for hotding auc4�rpl ying the Funds,ar�arlayiy analyzing the escrow�s3,,-uttt,or �-:• r�,�..,,��., ,
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<br /> � , ,�y�, , ; ',,�� verifyutg the Escrou items,unless t'il.�i�der pays Borrower interest on the Fu�ds and applieable law permits lxnder to.�J3e such •..
<br /> •� �� �•. . � a charge.However,Lender may require Borrower to pay a one-time char�.C�r an indepe�tent real estate tax reporting service : �'
<br /> ' . us�ed 6y Ixnder,in connection with this loan, unless applicable•faw pi�aides otherwise. Ualess an agreement is �nade or � • :•','.r,• ��•'����-
<br /> - � - - appticable Iaw requires interest ta be paid,Ixnder shall not be i�ired to pay Borrower any interest or eamiags on the Funds. . :�':-.�•:.-�;••.;�.--
<br /> `� '' � '����� Borrower and i.ender may agree in writing.however.that um:�est sh�lt be paid on the Funds. Lender shall give to Boaower, � - '•`
<br /> � ' �' � ��.'..�' arithout charge. an annaal accounting of the Funds,showirfg�c�its and debits to the Fnnds and ihe purpose for which each • �';'":'�,: _
<br /> +. � debit to the Funds was rnade.The Funds are pledged as addiaaua�=security for all sums secumd by this SECUrity in.stnrment. � � � . `'�_ �,.:.;.
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<br /> �? " � � � ` � If tho Funds heT�iry Lender excxed the am+3u;rtS gemtit�eif to be held by applicable law.I.ender�iai�.account to Borrower �•' ',-, a»=
<br /> . ` '. .' for the excess fiutt�i�t:rsccordance with the requirutients of�Iicable(atvi:.I�the am�unt of the Fartds held by Lender at any '. -•r},�.�'t px4ta�'h�.��;•.:`:
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<br />_ • . , , time is not sufficientr,o yray the Eax�ucv Items�vhen due,Le�ukr.inay so notify diorm�y�rin`�vriting,and.in such case Barrower '����r;;�;����?��... ..4 � ��,�
<br /> ` 's�::;,'., ..; � ` shall pay to I.ender the amoutri ua�sa�y to make up the de��cy. Borrower shafT'siiia;up the deficiency in no more�than ;;:;'�•`,�f r;.����'�c� '
<br /> -�y,' �'!�t,��� ;';�`,`��� nvelve monthly paymenu,at Leniier's�sole discretian. �r' '�°• f
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<br /> ;� �•��`r���5+�•`� � ' � Upon payinent in f611 of all�sdms secureil fiy this Security Instruiiient: [:endet shall pmmptly refund to Borrower any �. :�,�:�i•:.�,.,., ;.,��`,�-��y;;;
<br /> `n '�''" ' � � Funds held by LendPr.If,under paragraph 21,Lender shall acquire or sei�i�e�roperty,I.ender.prior to the acquisition or sale .+?�"�'%��;
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<br /> : '� .,%�.: of the P4upeny.'shall apply any Funds held by Lender at the time of acq�s9sd�nun or sale as a credit against the sums secured dy '`�' .;"�-ti`,�..� �.;''� f•'
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<br /> - . 3:A Ilcatian of Pa ments.lJntess a licable law rovides eithenc�is..,all ayment�received b I.ertder under ara ra hs ��e;.
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<br /> : �� � � 1 and 2 shall be ap�+died:first, to any prepayment charges due under tite V���.: secand.to amounts payabte under paragtaph 2: � ��;��`'�
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<br /> �t �,;�, : • ' third.to interest due�faurth,to rinci al duc:and last,to an late char e+t����aueder the Nole. • �-,.
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<br /> ' �'"�.� a � 4.Cbarges;LQens.Borrower shall pay all taxes. a5sessmems,charges,�n;s artd imgosltions a�n�t+utable to the Property '' ` '"''-•�•��'
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<br /> . „t,� ' ' Y P �Y Y P�Y S� Y P Y '•;:;�^-., '• .
<br /> �;:. .•;, ,.: which ma attain riori ovcr this Securit Instrumcnt, and[ca.�chald meni�ar r�tu��l rznts, iE an•. Borroa•�e�gtaall a ; �,�- ., `f- '' � `
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<br /> - •�,�_;,..:;.�:;:t+�?`•. �� these obligation�in thc manner protizdecf in parugraph 2,or if nrn p�aid in tha!,manner,Bc+r�n,�zv�r shall pa}•them on iu���ircctly �_,�;.ti�rj,,;.�.::•,,`;;. •�
<br /> '' `a�,t ' to the ersan owed �•ment.Bormwer shall rom tl furni�h to Lendcr alt notic:es of amaunt.to be aid under this h. ;
<br /> r .. p }��S P P Y P` Pi�S�P . . . .
<br /> •,� ''f•�.• . • ; . if Barrmvcr makes t��se payments dircctly. &�rro�vcr shall prompQy furnitib to Lcnder rercipts evidencin�the payments. ' ', _,�', •._,/
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<br /> -.� ,_ �'• • $arrower shall promptly discharge any lien which ha�priority aver thi�:Security instrument untess$onower:(a}agreec in
<br /> ��"� �" � writing to the payment of the�hligation sec:ured by the lien in a m�nner aeeeptable t��Lender:lb>contests in gocxl faith the lien ' - -
<br /> �.��:� _-.:�..`:� . � by, nr defends against enforcement uf thc lien in, legal proceedings �vhich in the i.ender's opinion aperate to prevent the ' ,�},•:,�, _ �.
<br />�;y�� '� � , enforcement of thc licn;or Ic)secures fr��m thc h<+ldcr of the lien an a�rcement.atisfa�Kory to Lcndcr subc�rdinating thc lien to �: • ` '
<br /> �si;;� !.° ', this Security lnstrumem. If Lender detemiines that any part of tl�e Property iti rubject ta a lien which may attain priarity aver • • •
<br /> �;, ; ` • this Sccurity in�trument.I.cnder may give&�rrt►wcr a noticc i�leniifying the licn.Bimower shall satisfy thc licn or takc one or '. � - ,
<br /> ' `.=� � "� • mote of the:�ctians set fc�rth ahm:e within 10 days of the gi�•ing of nmice. ��""����� �_
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