|
,��.. . j�:�i:y:t':S 7yS �. :� � . �i '.�� 1 r•r , , 't:� �� ' , , -
<br /> � a.l- rr• � , ����. , ,ny
<br /> �t}:, ,Y , r y
<br /> � . , ,���,y �;y � , ' •���
<br /> l:. „� .
<br /> -. - • ��
<br /> , ;;�. .{ -- -
<br /> ' , '�. ,�, : .
<br /> Z'QC'33$'YI�lIDt WI1'kl�II t!►$improvtm�t'iU now ar t�r.rc�ft�r ercci�i un ths prape�rty,�dl�r►�tr:���dl�ice�+�nd
<br /> fixtu,re� now or herwtlter • �xK of tbc proparty. Alt replacemaita �nd addttton� rh�il R11� be coverad by thi� Secutity
<br /> I+�st��.All of the fors,oinj i�refeerad ta in tbir S�curlry IaKrum�at�the"Proporty."
<br /> BAYtROWSR COVSNANTS tl�t Bonorve�r I�1awlWly Mtwd ot tbe eN+�te hereby oonveyed and!u�t!a dsht to�raot�ad
<br /> canvey tM�ropeety�od t1�tbe Ptnpeety i�uoaios�n�ba�ed�excapt tor eacumbran�.a af racad. �nowm w�rr�nta end will
<br /> defaad�aoee�lly the�ttle ca c�,e Proper�y apin�c.11 clatmr.nd denw�d.,.ubjece w a,y a,�un,brmoe�oi caoord.
<br /> `j'�fi8 8i3Ci11�2i['Y IP+iSiit�Jil�B�d'�oou��u�ifa�:a covc�utu!'ar u�.ttan�l uc�aad ana-u�foms covert�nt�N�ish liMle�c!
<br /> v,�i�ttons by juriidiotioa cv coa.dwte a noiform�ect+ricy it�drument covertnj ral prope�ty.
<br /> UMF4RM�COi+BNAN'TS.Bon+ower and Lender covao�nt aad a�u follow�s
<br /> 1. Pqmak o�Prindpil�ed Inta+�ti Pr���mt+�ad Ia►te CIMr�es. Ba�trawet �IWI ptomptiY PRY whna duo tha
<br /> prinoip�t of�nd intue�t on the debt evideneed by tho Note�nd u►Y P�Y�t aad late char�e�due under the Note.
<br /> 2. �Ynd�[or T�a u�d i�tus�ncG Swbjeat to�pplic�ble law or w�wdttaa w�iver by I.axler.Bornnwer vWl pay ca
<br /> I�mdx an the day montLly puymeaa are.du�e wider tha Nota uneil tba Note 1�petd Ia tisll.e eum("Funds")for.(a)yeirly wces
<br /> md a�eameats which nu�y�in priority over tld�5ecudty Ta�tmment�s a lien on the Froperty:N)Yarly lea�elsold MY�u
<br /> or around nnb aa the Prapori3►,lf u►yi(�Yarty haatd or properiy ia�urance pt�emiunu;(�Y�Y flood i�wrance p�amiun�.
<br /> If aay:(e)Yeuly morty+►�e In�urance premiums,if a►y: �nd(fl anY�WYable by Borrower to I�ender.in accasd�ace wlth
<br /> the pmvidoni of ptragraph 8.ia Heu of thq puyment of mort�ago Inss�t�ace premium�.These Item�are called"Baarow Itami."
<br /> Leader uory� at my timo.coUact�d huld Fw�dr in an amc►unt not to exceed the muciaoum smount a leadcr for a federally
<br /> relatAd mortgage iwn�y require for Bo�a+ewer'a eacraw�ecaunt neder the fedanl Retl�stste Seulwneat Pmcedura Aet af
<br /> 1974 u a�aeaded frem time w time� 12 U.S.C. SoCt�OA ?b0I d aeq. ('IiBSPA"j�11111ess 1�ffothW lsw t11at�pplid►W Q16 Ftiild�
<br /> e�s lewer�moun�If w� Leader way.at+mY Hme�collect�ad hold Fuoda la�a amount not w exceed the lewer�moun�
<br /> ,: I.eader mry�te tbe amouat of Funds dt►e oa the baeie of curneat dua aad re�son�ble�ta of eapead[W�es of ft�wpe
<br /> Bscrow Items or ot6eraviw In�ccor�ttce wlth app�ieable Iaw.
<br /> 1he Funds ehtU be held ia m inatitutlon whoae deposits Are insnred by • federal agenay� Inst�ummWity. or eattty
<br /> (including I�a.der.tf Iauder is eueh aa in�titutFon)or ia u�y Fednral Home Loan B�nk.I.eader e1uU upply the Funda to pay the
<br /> g�yir Y�jns,I�cuder may aot eDurge Borruwer for holdiag aad�pplying the Funds,aanually aaatyzivg the eaernw acxouat,or
<br /> ver�fylag tha B�anow Items,unleas Leadar p�ya Borrower iateisst on tho Funds md appflcable law permits Lendes to m�ke auch
<br /> � a chuge.Howavar.Le�der�sy e+equire Bortower to psy a one-tims charge for aa iadepmdent ral est�ta b�tepo�ting servtce :i,.•.
<br /> ,::,.�� .�rr�
<br /> � L..: ,; used by Leadar in connection wIW thia loan. RWG78 tjlplLCibIO IiW El1�OVItIC31 Ot11ClWI60. Unless aa agreemeat ie made or '.�;,.�
<br /> :ti`•�?'r` � app�tcable laa requirea interrst w be paid. Leader sbal!not be raquired to piy Borcower auy iaterest or eaminge on the Funds. .�;_t'
<br /> Borrower md I.eadet muy age�ee in writdag.however.tbat interat eh�iI be paid on i�ho Fuude. i�et,�i!glva ir►Bar.asvcs.
<br /> ,�`�' without charge� an annttd accouatiag of the Funde. ehowing eredIts and debita w the Funda and the puipoae for w}deh each ' .:
<br /> . . ,..,br. *
<br /> �, •;�.tf;;s� �r,�,;' debit to the Fund�was m�de.'I�te Funds are plodged as tddItionsl secudry far aU sums sesured by this Seauriry Iaequment. `�;
<br /> t�+•:�.�r1!:;:';:��.�,' � If the Funds deld by L�ttdtr extted the amounta parmitted to 6e held bY APPlicabla law,I.eader eluU accouat to Bormwer y�;.
<br /> i� r,��}��1t��,� ' for the exows Fund�in accord�aee with d►o re9uiromeats of applicable l�w.If the ammoat of the Fuude held by Le.nder at aay "'�':
<br /> f�y,ti,;'r;'r,'r''� • Hme ie not sufticieat W psy the Eacrow Items whm due,Leadat uv�y so notify Borrower tn wrtting,�nd.in auch c�sa Borrawer
<br /> -.;, .•,..�,J'�1:: eball P�Y w Imdu the amotimt neceasaes►w make up the defictancy. Borrower el�ll make up the deficieaay in no mone ti�an
<br /> . ��, ��.
<br /> '���.�:`! twelva moathly psymeate,at I�ader's solo d�eeretlon. �;
<br /> ' Upon psymeat in full of�suan secured by thie Security Inshumeat, Leader shwU promptly refurtd w Boriower aay .
<br /> �,'' ' Fuada held Lpoder.If.under h 21,Isndar shsU uine or sell the sequIsition or sale ;..:;�
<br /> :t:. t . .• bY P�+SnP �l ProPartY,lLeadet.Prior to the
<br /> of the Property,sLall apply aay Fw►ds held by Leader at the time of aoquiaition or sele as a credtt against the sums seewed by
<br /> thie Secwiry Inaommea� ,
<br /> +' �.t� 3.A ot Phyme�s.Unless nppHotble law provides otlta�vlse.x11 paYmmts recoived by Lender under paragaphe ��,
<br /> PM�'� .
<br /> I and 2 a6all 6e appliad: first►to aaY P�WY�t chargea due ander We Note;seeond�w amouats payable under paragrap5 2� r�.:':
<br /> - �;� thit�d.to inten�t due;foutth.to principel duet and last,W+uY I+tte cbarSes due uader the Note. �; .;;'.
<br /> '. f== ��, _ 4 Chttr�es;Lkm.Boriower ehdl pay All mxcs,assessmente,chugea. fines and iwposidons auribu4abla w the P�+ePa�N
<br /> rr ,'.
<br /> _, z-.._.., wLIc�m�y Rtt�in prinrlty ovar Wia Sxurity Insqumeat� aad leasehold psyments or grouad rente,if aay.Bonower shall Pay
<br /> �`""''�" ;•.�..:: :: these obligattons in tho m�aaer provtded in puagaph 2.or lf aot patd in that manaer,Bomowar shal3 pay them on tjme directly
<br /> .:;-� , :
<br /> ..�:. K:;y;. to tbe pemoa owed paymanG Bora�ower ehaU prcmptly tivaiah to Lander all nodxs of amouata W be Faid under tbls peragnph.
<br /> ,r.`;`,� ,.�. If Bonow�m�ice�v these psymeats directly.Borrower ehall pmmpdy fumieh w Lender raceipts evideacing tlte paymente.
<br /> tt..;';',4,.
<br /> 1
<br /> ;:i!::�i-.. .. �c�:
<br /> j, cq(: ':^•:.. Borrower ehsll promptly disehaBe eqY uen which has prioriry over thia Secwity Insdument unless Borrower.(a)ag�ees ia 7 .
<br /> !�.; .,_ ., vrr��g to the payment of the obl�gation s�u�od by ehe ltea�n a manmer acaptable ta Leader;(b)cont�a to good faith the liea � .
<br /> .. •..j�.,�,`
<br /> ,.,:,.,; tsy, or defeods ag,ainst eafornemcat of the Uea in. legal procoedings which In the Lender's apinion opeiato to pmvent tha
<br /> .:K°�"�=�:�•� .,' � enfnrcemeat of the ltea;os•(c)sesuras from the holder of the lia►an agraement saNsfactory w Lender euborclinating the Uen to
<br /> :•-•;'^ �'.�' ..• this Secwity Iastrumm� If Laat�er deteimines that any part of the Propeity is eubject to a lien which may atteia prIority over
<br /> i����,...._.:.�:�" ..:.
<br /> .:w.•,=.; • .. tt�fa 5ecurity Tflateument, Lendar may glve Borrower a noNce ideatifytng the Uen.Sorrower a6all eatlet�r the lien or talce ona or
<br /> ...,...,, .t....
<br /> ,,. ;�.: : more of the�ctlon�ee!fo:th above within 10 d4ys of tha giving of notica.
<br /> :��;_'::.•. '"'` � Fam 3028 9180
<br /> kb;�:� .:":�-.: 114- 698
<br /> .,.,_..��
<br /> ";��-. ��e1ttNE1 ro:t� LY094 wa s m e ur�.: �
<br /> �� ,�,� �yyy�r,c.
<br /> .,�....5:�;�,� 1
<br /> «:, .
<br /> _ ..,:. .
<br /> . . y,'. . .- - ---... ..
<br /> ..��`�'Y .... . . ��.�• .. `:• .s� � Y ..,���J A�:a�.. ._ .� •—_._ .. .- . ._ ... �
<br /> :Y.:t�
<br /> .,��;. � 't�:;• .� �nJ:
<br /> y f. .:..t.'�.C'. - ' � � _ . . -- .'- Rl�i{vi._ .. . _
<br /> .� • . _ ;. . . . .
<br /> -s:::i: �.i - , .. . . '�.-ti.'r. •�+T. .
<br /> •j: �lr�.
<br /> ,x °i':4r:.`n '.t. .. . - _ .. . �T..,Py.:...a:: �.. .. ..
<br /> .�i`- :~w.••�: 1'� X', - U. • "� �. � -� .. �� ,. ., - '
<br /> !l'T . . .. _. . . - .
<br /> '!k�`t..wl'p�h t4�4:, ' ' .� . .. .. � ... ' , .. . ' � -' . - ..
<br /> ���'��`��'.;''�v;: `�'• , „ . . �,'..� _ „ . „ .. . . t4', ' � ; ., ..
<br /> 'iS. � �:' ,\. ., ., • ., , . . . � 't,=t:s .�'_. , � .
<br /> 'A,- q��, „ '� . .. - -�� ' O •AY. i1'�: � � . .
<br /> �. t 4 y+t_ ... � ... . „+ ., � . ,r-,7�' �S�'..'�r
<br /> . . , �. �`v
<br /> �" . . C7 . „ . �u .,
<br /> . '3�� .. , .. .. . , .. . .. .� �R�. \:' ., �� �
<br /> �. .., ' - . .¢ . . •� [� .. , .• •• ., . ' ' •' ' �
<br /> .. .:�'�!' . . .. . .. .. • •.7�� � . � , - .. .1
<br /> .. .1 .. .. � � - . .. . ' " .
<br /> i
<br />
|