|
• . . i .;t`v' �" _':r;t;_.•;:;:'-�. y r-� ��%`_�i i_ l ! �Z. . t �4.�5t�`1t..-,j' '_ N., r.�;'. �pyi�� �f - . . .. . . .
<br /> + 1 1� �1ff - ` - i � ? t ) �F-.�j(�� �� .1 �{la t�f���:`'I'
<br /> . •�ft t���.i;��r'1 � `' .i.� c•t Ft�f< ," r� i!•,�: � i�. , ,. i�, � ;(f,7 .. � ... .. .. .
<br /> Lj ' ,4 y 2r�� tl��� �•�t,lr.��:'°`�.� _ t -� .r_;�� ta ti.��1 �i
<br /> a�� . ; � :' . . � � ,;: ,:_�:L
<br /> � � . ����;�7�{� `'u� �.,.. � . . ...,„. .._. r .r� � ��• ��, .•,... .:�:., , � � .�... , �,_...__
<br /> u , ,,,, ,�,, ... F.
<br /> ��.'- • � ma�.� (�4�t+Kn•.»�y.;,r.:ar�zyo+•,1�,. ,f.•rJ,-•. . . .,,�.�ir;�q,rn:a:�j.a�rj4�ir(r�t��a�P:�-0i'oa�ra�.z'a7►wN,'fc's'i _,L ._ *„em��aa• .,
<br /> . ..
<br /> -� _..__�_ . . . .--" - - - - � __. . . __. ..
<br /> __ ' - ........ . ..>•.__ ,��. ._,...�...,._�:...•. _... ._.._..,......... .:........._,_..s..r„_..._c�..._,�., ..__..
<br /> -. . _ ._ .......
<br /> _ _.- -..- ----..__���__._..._.,.�
<br />_.�..-�,T.I�Pt!�!:•r::r:.7rp ._ �_��
<br /> __._.__,_,�:�:k.�fa
<br /> /
<br /> _ -. -,-..�;-�s�:�., ���e�'.���a�� -�
<br /> - , ,n � � --
<br /> MIP'-
<br /> 4�..,
<br /> 'i'QGCT}IGR W1Tti nll thc imp��ovcmcnts iiovi on c�rcaCtcr crcctcd ou thc pro��crt�, and all ci.is:cmc�it��. uppuricu„tiic�:�. I
<br /> . "' •ind flxtures no�v or i�crcaQci•a pa�t of thc propcny. All rc:placcrr�cnts .ind addidons:;h�l!nlso Uc cavc�•ed E�y dsis Secuj•ity ��.
<br /> .� . ° Instrument. All of thc foregoing is referred to in this Security Ins.rument as uie"Property."
<br /> y �"'"�'R" "?t'"' DORRGI'VER COVBNANTS thnt Botrowcr is I�wfully sciscd of thc ostatc hcreby convcycd nncl hns�hc d�ht ta gra�it
<br /> .`.",,
<br /> _-=_A-_.�„�t_.:,�� nnd convey the Property and that the Property is uncncumb�rcd,cxccpt for encumbrnnccs of reconl. Borcowcr warrants unQ
<br /> _ —.�,;'�s�"`s'�'`�� will defend generally the tide to the Pcopeny n�ainst nll clnims and dcn�t►nds,subject to nny encum6mrcces of recarcl.
<br /> �:;:,��=,_L,:n;� � TIIdS SECiJRITY IN�TRU'MEN'T cuii�t�ines uuiforeu cuve�iauts iu; nE�tiu�ial use unJ no;y-u:�ifnj-�n covcnnnts wilb
<br /> -- - limited variadons by jurisdlction to constitute a unifomn security fnstrument covering rcal property.
<br /> _ - .�•�Ya.���—
<br />_��•:=*t�:��:� � � � UNIFORM COVEIVAIJ'TS. Borrower and Lender covena�t nnd asrce ns follows:
<br /> -?^''`' '` '`�"�'�` i. Fe mentof Princi ul and Inteaest;Pre a ment end Late Cliar t,w. 8orrower shall rom tl a whcn duv tho '
<br /> --.-_�'S�w [r:
<br /> �--: ,���..,.y��. Y P P Y B P P YP'Y
<br />_-���-��.;�..,...;:`.'. princlpal of and interest on Qie debt evidenced by the Note r�nd any prepa.yment and Inte chnrges due undcr the Note.
<br /> �'�`•�'�� ' �'." 2. F�nds for'Ihx�s and Insurnnce. Subject to applicable law or to u wdtten wnivcr by Y.cnder,Ao�rowcr sl►alI pay tu
<br /> —Yz�s,',.'..:rv�a••, ;
<br /> _-•='s.;�L•. :.. ^- Lender on the day monthly pAyments src due under the Note, until thc Notc is paid in full.n sum("Flinds")for.(n)ycarly
<br />_;�a�;?.°_�;�:'F,�;��� tAxes and sssessrnents which may attain priority ovcr this Securiry Instrument as n lien on the Property;(b)ycady tcaschold
<br /> —: n'�'�'-''{�''�`='� u ment� or round rents on ttie Pro en , if nn ; (c) yearl hazard or ro ert insurance rcmiums;(d) yearl fluod
<br /> �;:y�,t"i•:.:.�; .. P Y B P Y Y Y P P Y p Y
<br />-__ _£,w insurance premiums. if any; (e) ycarIy mongagc fnsurance premiums, if any; And (�pny sums payable by Borrawcr to
<br /> ,;�;,��;• �;� ',°;,��`• Lendcr,in accordancc with tho provisions of paragraph 8. in licu of the payment of mortgage insurancc prcmlums. Tt��sc
<br />-- :,:�:: .�,•,'�;:;; itents nre called"Pscrow Items." Lender may,ut any time.cullect und hold�nds in an tumount not ro cxceed the mnximum
<br />-�"-�•�.:;r.••�,�yf,tir�� amount a l.;n�er for a federally related mortgage loan may c�equire for Bocrower's escrow account under the icdcral Re�l
<br /> ���..•;:.�ti 1��.��.•.�: ��
<br />_..,;-_.;�,T..;;�,,;::;�. Estate Settlemens Procedures Act of 1974 as amended from time tu time.12 U.S.C.�Zb01 et seq.( RC'.SPA"),unless another
<br />_ '•�:`..:..�.;,:y;, latv that applies to the Fltnds seGS a]esscr amouns. If so,Lcndcr may,at any timc,collcct and Itold f'unds in an umovnt aat to
<br />_ "`'�"" exceed die lesser amounc Lendcr muy esrimate the amount of FLnds due on the basis of�current data and reasonaUte
<br /> i;r w�"��;��;��'�.��: es6mates of expanditures of future Escrow Items or othenvise in accordance widi applicable law.
<br />- � Tbe Funds shall be hcld in un institution whose deposits are insurcd by u fedcral agcncy. instrumentaliry, or entity
<br />_= ,.;: •,;. (including L,ender,if Lender is such an instituuon)or in nny Fedcral Home Loan Bank. Lencler shall apply thc Ft�nds to pay
<br /> the Escrow Items. Lender may not charge Borrower for holding amd applying the Funds,annually annlyzing the escrow
<br /> - '`�� account, or verifying thc Escrow Items, unless Lender pays Borrower interest on the Funds ond applical�le lnw permite
<br /> " �'� . ., Lender to make such a chnrge. However,Lender may require Boaower to pay a one-time churge for an independet►t ceal �
<br />_ . . .. . , estnte tax reporting servicc used by L.ender in connection with this lonn,unlcss applicable law provides otherwise. Unless an
<br /> agreement is mude or applicable law requires interest to bc paId,Lender shuDl not bc required to pay Boirowcr any interest or
<br /> � ' '. earnings on the Funds. Borrower and Lender may agree in writing,however,that interest shall be pnid on the Ftinds. Lendcr
<br /> ' `:�`� shall give to Borrower,without charge,an annual accounting of the Funds, showing credits aad debits to the Funds nnd the
<br /> • . purpose for which cach debit to thc Funds was madc. The Funds urc plcdsed as additional security for all sums securcd Uy
<br /> . tius�ecurity inswment.
<br /> If the Funds held by Lender exceed the arnounts permitted to be held by applicable law, Lender shnll account to
<br /> � Borrower for the excess Funds in accordnnce with the requirements of applicable law. [f the amoun[of d�e El�nds held by
<br /> Lender at any tirne is not sufficient to pay the Escrow Items when due,Lender may so notify Borrowcr in wrlting,and, in
<br /> such case Bo�TOwer shall pay to Lender the amount necessary to make up the deficicncy. Bonower shall make up the ._ _
<br />. deficiency in na rnore than twelve monthly payments,at Lender's sole discretion.
<br /> ' ' Upon payment in full of all sums secured by this Securiry Instrument.Lender shall prompdy refund to Horrawer any
<br /> - ; , _ Flinds held by Lender. If,under paragrnph 21,Lender shall acquire or sell the Properry,Lender,prior to the acquisidon or
<br /> sale of the Properry. shall apply any Funds held by Lender at the ame of;�cquisition or sale us u credit aguinst thc sums —�
<br /> „ .. '�,;r. �..,, securcd by this Sccurity lnstrument. ��
<br /> � „ 3. Applicaqon of Payments. Unless applicable law provides otNerwise, all payments receivc�d by Lender under '.`�
<br /> ' _ � patagraphs 1 and 2 shall be applied: first,to any prepayment charges due under the Note; second,to amounts puyable under --
<br /> „ :�,, paragraph 2;third,to intenst due;founh,to principul due;and iast,to any late charges duc under the Note. L-�
<br />__ � 4. Chat�es; Llens. Borrower shall pay all taxes, assessments,charges, fines and impositions attpibutat�le ro the �-`
<br /> _•• • - • Properiy which may attain priority over this Security Instrument,and leasehald payments or ground rents,if any. Borrower �� `�w
<br /> �� . � shall pay these obligations in the manner provided in paragraph 2,or if not paid in that manner,Barrowcr shull pay them on ���. 4
<br /> time directly to the person owed payment. Borrower shall promptly fumish to Lender�11 notices of amounu to be paid under
<br /> this pnragraph. If Borrower makes these payments directly,Borrower shall promptly fumish to Lendcr teccipts evidencing .����
<br /> � , the payments.
<br /> _ � Borrower shaU promptly discharge any lien tivhich has prioriry over this Security Instrument unless Borrqwer:(�)agrecs --
<br /> _ , ., in writing to the payment of the obligation secur�d by the licn in a manner acceptable to Lender;(b)contests in good fatth the
<br /> " lien by,or defends against enforcement of the licn in,legnl proccedings which in thc Lender's opinion operate to prevcnt thc
<br />� enforccment of the licn;or(c)sccun:s from the holdcr of the lien an agrcement satisfactory to Lender subordinupng the lien
<br />= . ° to this Securiry Instrumcnt. If Lender determines that any part of thc Property is subject to a lien which may attain prioriry •
<br />_ ovcr this Sccurity Instrument.Lender may give Boaower a notice identifying the lien. Borro�ver shall satisfy the lien or takc
<br />-- one or more of thc actions sec forth above within 10 days of thc giving of noticc.
<br /> �'� 5. Hazard or Property Insurunce. Bonower shall kecp the improvcments now existing or hereafter crccted on the
<br /> - ` - Property insured against loss by fre,hazards included within the tecm"extended coverage"and any other hazurds,including
<br /> 'j,. floods or flooding, for which Lender requires insurance. This insurance shall be m�intaincd in the amounts and for the
<br /> .�
<br /> � � � i�orm 3021i 9/90 fpage 2 nj6 pagesl
<br /> ��...
<br /> �. �.
<br /> ..
<br /> ; .
<br /> - ,� _.`_. . •---__..______ _�,s�
<br /> � ' —_., _ "__,_ _ �` .....,�.r Ytu"F' _... _"' '_'_.... ..._. .... .., _ .."_'_
<br /> .� �
<br /> .
<br /> ., ,. . . y
<br /> . . . ... . . , . �;, .,�, .
<br /> �a' '�'�l1�Sk`"j'
<br /> - _ _-- _, ,_ _ _ r' - - -
<br /> � - - - _-_ _' __ - - _ __ _ -` -� . : - — --� - _ _ __. _
<br /> _ ' 'i
<br /> � . , ,
<br /> �. ,. . . , , .. .,
<br /> , ' ' . , _.. �_ ,. ., " �� „ .
<br /> � . . • ..
<br /> ,. +
<br /> „
<br /> i
<br />, � . . , ,
<br /> ,_� • ,., .
<br /> � .
<br /> � .. •
<br />
|