|
,.
<br /> �.;, ;.a.�, • . ..,::; . . . .;�r::;,,�": . . .}; ' ;:.;.,..
<br /> . .�.� , -� , ; � ' � u;:.�
<br /> .., . . . . rf .., .. .�,��....,,�� .,, _ --° --.
<br /> . , ' . . . .r . �. .
<br /> �r'' ', ' ��� Fi'.r . i .. •.:.1,•�.,,..:., .. .. ,;. .. . :. ,� �-;, �--. ..,..,
<br />�_ ..'Vlf' y «. , . , , . . . . � ��. . � ..,., ,,.. �.. 11 ��' � �x^my,�
<br /> ,,.�,,ar.w�+,��.w�� M.wa�;, �r�t•...w�w:rs,,:crr.-.,.�Y�-,... .,?. ..��
<br /> __u__J . . • " -
<br /> - �,..._...,� _.�.a„
<br /> °_ _. .. ..
<br /> � - ....1,.:—c�.Lr+T?!'*'?er�,ry._�r`=,r,-_^� n_ �w .,. ._.... .. . s. . . _ ..,. ... _. , .. . .�� �, _n. . .nti � - .,.'S',�«�r 7R5�a-=
<br /> -..- . _- � _.._... .. •.. ,r �ey,., . . .
<br /> .. ..
<br /> •e Y�y.i ,•.��r• � 4 3
<br /> — — —.—�'9['I:if'R',�. � ^t'4?ti.. ... .. , _ -.� - �..}... _ �1'"".ff�q'Y •'i� ritt �i'�� -
<br /> .y..�... .. .•
<br /> r
<br /> c. . . __'__...Y.�...�.. •_ ��° - . ,. . . . . . °���. 1F ..- ._'_ ��_ . .. .. ... , ...
<br /> _ , . ,..�. _._�....,. . ..
<br /> _.. . -___. _ .. ' " 1. ., .. ' .-. ___ ..'6__ ._. '�ai�
<br /> . " .. �.-.__.-...._�. _.._.....—'_.__........ .._�...._... .__.. .. _. .. ' -_
<br /> .� - � .. . . a . - _...... ... ..."_"___.. ....._ .. .. _
<br /> . _..._ ...- -----� -
<br /> _._ .�- ---- .. ._. . _ �1
<br /> . _. .. _-- - — - .-
<br /> - C �.�,a
<br /> aC���, �(tD���C��' •_
<br /> �. D 4 .. ...f. .�,.���
<br />�"� 1'O�BTH�R WITH.�U dic impmvcmcros uuw on c�rcaftcr crcctc,cl on�hc property, und tdl ciiticmcnts, appurtenanccs, and „ ;ry ,
<br />�:<: . � p F' Y P Y Y �_.- �"° .�. '�:�'�•;r
<br /> �r._.-_. __
<br />" ' ' fixtures now on c�rcaf'tcr ti nrt of thc ro �rt . All re laccments und ��dditions shaU .dsu bc covercd b this Sccurit � ' �� ��_r
<br />-� ' ' �• Instrumcnt. All of dic forcgoing is rcfcrrcd to in this Sccurity Gistrumcnt as thc "Prnpci1y." _.
<br /> �s�;�:;'>y;�.,,
<br /> �� • . BORROWE[t COV�'NANTS that Borrowcr is fnwfully sciscd of thr,cstntc hcraby c��nvcycd und fuiti thc right to grint and �. _}•--
<br />" . convcy tlte Prop�rty and that lhe Property is unencuonbemd. �xcept fc�r encumbrnnces uf record. liorrower wnrrants anJ will �'''"""�,�:,v°:Y��.:,t,-..
<br /> S�t i.� . � �^�k '-
<br />�,�.:•,;..: .;•,rt-.�� defend gener�lly thc tide ta the Property agains[all claims and denumJs,subjcct tn uny encumhranccs uf rccurJ.
<br /> �"' THIS SE'.CURITY IN�TRUMBN'i'combincs uniform cavcnuntti far national usc.►nJ noiruniform covcnants with limitcd �,�-,,�;,,,,,�„�,r
<br /> _ : .�..r� _ _,.,.,�%.,`.°,
<br /> '� varintions by jurisdiction to constitutc a uniform sccurity instrumcnt covcring rcal property. ' -_
<br />�+ • UNIFORM COV�NANTS. Horrovier and Lender cavenant and agrce as follaws: '.�::'`�'��%"'°�
<br /> ' r ••,-•-i
<br />-' � 1. Pnymen t o P P r inc i p a l n n d I��t e m s t; P r e P a y m e n t �n d L a tc Chu r�es. Aorrnwcr �hall promptly pay �vhcn duc dic •; :�,�--
<br /> principal of nnd interest on thc debt cvidenced by thc Nute and any prcpaymcnt and latc charges duc undcr thc Notc. _,, ,.
<br />� 2. G'unds for Tuxc.v und Insurnncc. Subjcct to applica6lc I:�w ur to a writtcn waivcr by l.cndcr, Bur��owcr shall pay to ;. �-..� T
<br /> X � '� Lcnder on the day monthly payments arc due undcr the Notc,until the Notc is paid in full,a sum("Funds")fvr:(n)yearly taxes . �..��t�.a:L��.:•:.,.r.:�-;
<br /> � and usscssmcnts which may attain priority uvcr this Sccurity Instrumcnt:ts a licn on lhc Pmpe�ly; (b)ycarly Icaschold payments . , . '�:'�.�,_
<br />� or ground rents on the Property,if any; (c)yearly hular�or property insurance premiums;(d)yearly flood insurance premiums, . ,,,�t-
<br /> i: if any:(c) yea�ly mortgagc insuruncc prcmiuins, if any: and (�any sun�s payablc by Borrowcr to Lcndcr, in��ccordancc with . ' `;`fj', _��
<br />— ` thc provisions of paragraph e, in lieu of thc paymcnt of mortgage insurance premiums. Thesc items arc callcci "Escrow Items."
<br /> _ � ��� L.ender may, at any [ime, collect and hold Funds in an amount rot ro exeeed thc maximum amount a Iendcr f�r a fecierally v,.;��, .��"„
<br />- ,. rclated mortgage loan may require for Borrower's escrow nccount under the federal Real Estute Settlement C'rocedures Act of :�',};,�.,;;i�".
<br /> - t974 as amendccl from time to timc, 12 U.S.C.�cction 2601 et sey. ("RFSPA"1• unless another luw that applics to thc Funds �.ra:!?�S•.�_�sN�"'�
<br />,� .. , sets a lesser amount. If so, L.ender may, a[any time, collect and hold Funds in an amount not to exceed the Icsser amount. .i.,, , _,_
<br /> , I.,ender may estimatc the amowu of�unds duc on thc basis of rurrcnt da��and reasonub�c estimates of expcnditures of future ;,r��.�...__._ �_y
<br />= Escrow[tems or otherwise in accordance with applicable law. . —
<br /> Thc Funds shall be hcld in an institution whose dcposits are insured by u fedctal agency, instrumcntuliry, or entity ..�. ,s<�.,_
<br /> „ (including Lender, if L.ender is such an institution)or in any Fcderal Home Loan Bank• I.ender shall apply the Funds to pay the ;—
<br /> Escrow Itcros. Lcndcr muy no[chargc �orrowcr for holding and applyinF tl�c Funds,annually analyr.ing thc escrow account,or ' •''4'f`u"—
<br /> ° , vcrifying 1hc Escrow Itcros,unless Lcndcr pays Borrowcr intcrest on the Fund�and uppficablc law perniits Lendcr to makc such �
<br /> ��.�--
<br /> a chargc. Howcvcr, Lendcr muy rcquirc B��rruwcr to pay a onc-titnc chargc fur an indcpcndcnt rcal rstatc tax reporting scrvicc ,,.F,;;t
<br /> _ - --; � ,--^T . . . . ....:.... ...:.M �M:.� I...•n unlnci •�nnlivahlt� law nrovidcs [)��1CI'\4�SC. UII�CSS i1D ilbT�CCI11CIl� 15 Illli(�C OT J�_ -
<br /> �`'..
<br /> � USCU by Lcnuc� �n cuuuc�uuu .,,�w .���.. ........ ....._.... -�.�. . . -----
<br /> ' appli�able law rcquires intcrest to bc paid,Lcndcr shall not hc royuircd to pay Horrowcr any intcrc�t nr carnings on liic PunJS. J��,-
<br /> •�'� Borrower und Lcndcr may agree in writing, hmvever. thut interest shall he paid on thc Funds. l.endcr sh.�ll givc [o Borro�vcr. ;�,�
<br /> � without charge, an annual accoimting of the Funds, showin�: credits and debits to the Funds and the purpotie for�vhicii each
<br /> debit to che Funds�vas made. Tlic Funds are pleciged as udJitional security for all sumti serured by this Securiq�Instrument. ����'rt �
<br /> ';''�' ' If the Funds held by Lender excecd the antounts permitted to be heUd by app��cab��law. Lender shall account to Borrower �.��1,
<br /> for the excess Funds in accordunce�vith the requirements of applirable law. !f the amuunt of the FunJs held by Lender at any %;.��'
<br /> •. , time is not sufficicnt to pay the E+crow Itcros when duc, Lendcr may���notify Borrower in writing.and,in such case Borrower ,.�tix-
<br /> -. . .. ° shall pay to Lender the amount necessary�o make up the dcficiency. Borrower shall make up the def'iciency in no more than .;-�. ,
<br /> ' nvelvc monthly paymcnts,at Lcndcr's solc discrction. y :" ��.�
<br /> � . Upon payment in full uf aU sums sccured by thiti Scruriry Instrument, L.rnJcr +hcill prump0y rcfund to B��rrc�wer an , �
<br /> ^ � "-°':. Funds hcld by Lcnder. If, under p:tragruph 2l,LcttJcr shall acyuire ur scll thc Property. [a:nder,priur to thc acquisitiun or sulc . . ..�
<br /> � . � of thc Property, shall apply uny Funds hcld by [.cnder at thc timc of acyuitiition ur�alc as a rrcdit against thc sums sccurcd by . �` ,
<br />- • . this Securiry Instrumcnt. `��' � � •1��"
<br /> 3.Application cff Pi�ymcnts.Unlcss applicablr law providc,othcrwi,c. :dl payuicnts reccivcd by Lcndcr under paragraphs '•�.: ,_'': •�r
<br />- . 1 anJ Z shall be applied: first, t�,any prcpayment rh.irges duc undcr the Natc:sccund.u�amount�p;ryahlc und�r paragruph 2: f< '•=� ".
<br /> � :;� : .
<br />- third,to intcrest duc: foun h, to prinri pal due;and last,to any latc charges duc undcr thc Nutc. �
<br />— � 4. Char�;kc; Llens. EioiTOwer shall pay •rU taxes, assetitiment,, chargeti, fincs cuid imp��+�tiunti aurihutahle to the Property ���.4
<br />" �� �vhich muy attain priority uvcr this Security Insaumcnt. and Icasch��l�l paymcn►� ��r �:ruund rents, it :iny. E3orrrnvcr tihall pay �' �_
<br /> � • these uhligations in thc manncr providcd in��aragraph 2.ur if'not paid in that m:�nncr. 13urcowrr tih:dl pay dicm�m timc directly �-�
<br />� .. to thc person owcd payment. Boirawcr shall promptly furnish t�, Lcndcr all n��tirc�uf amuuntti tu bc p.�iJ undcr dii� par.�graph. c., ,�::�
<br /> , If Borrower mak��s these p:ryments direcdy, B�ttrc�wer�hall prontptly Iw•ni,h tu Lcndrr recript�cvidcnring the paymentti. `y � `
<br /> b l�orrowcr shall prornpNy�ischargc any licn whirh ha�priurity��v�r thiti Scriu'ity lnstrumrnt unlc.�fiurruwcr. (al a�rceti in ,p
<br />-., ' u•rieing ro the payment of th�uhligation�ccured by thr li�n in a m.inner acceplahlc to Lendcr, lb):unte�ts in goiiJ faith thc licn -+
<br /> . by, or defends against cnfurecmcnt of the licn in. Icgal prucrcJing, whirh in thc Lcndcr', upinion nperatr tu prev�nt the ��
<br /> �` enforcement of the lien: or(c) secures from thr holder uf Uie licn.ui a�reement tiati,fart��ry t�� l.ender �uhnrJin:uin�:the lien tu . •;
<br />_.� . ., this 3Fcutity Instrumcnt. I(l.endcr dctcrmines that any part uC the Property iti tiubjcrt to a lien �vhich m.ry auain pri�,rity u��cr �
<br /> this Scrurity lnstrument. l.cndcr may givc Borruwcr a notirc idcntifyin�dic licn. B��ri��wcr�hall �ati+fy thr licn nr iakc unc ur t —
<br /> � morc of thc actions set furth abnvc within 10 days uf thc giving of noli�c. • '�'•,
<br /> _y � Farm 3028 9190 I
<br /> � Noua 7 0l G I _
<br /> � l,�" ,,' . I . r
<br />-� � ` 'r.i
<br /> . -_
<br />
|