|
.. ._ ... , . . . .. �y.
<br /> � .�.u�Eoi � . . __A 4
<br /> '^q� � . •1: .
<br /> „ , ' . . �. . � �11 . �y'r_..
<br /> i� o�l' ...... . . .a Ny,.•.. . �� . °i . � . ' .. . ....-.. ' .. �-'
<br /> .
<br /> ._..— _ _" .�.,,_ �. __
<br /> _...._......:.....�..._.,..,b,....._�_„�..., -� ,-,.�y... ., � '. • . . . r]dll�rt, -
<br /> .-..�.�.._.._ ---- --— - --.. . ... .. . . .. .. . .. . _
<br /> -..f. .. ...f�. �.!�fy�yrfw.��w..�1......_ ..(1
<br /> _ .'_'�.:�`v�ia.�1�r�?�`.l?%.r�'?'';s"."���y''.``•4!'.�. .. , ,. . . � .
<br />���
<br /> � ••
<br /> � ��
<br /> , . __
<br /> � -
<br /> .. .. __������.�_�.� - M
<br /> ' "��__.�_a.....�___
<br /> • � ����S (� ry �`V�.
<br /> r� ' TQaETHER WITH aU�hc improvcrnenis now an c�rcaftcr crccted on thc property,nnd nll cnsci�I���i�t�u�'fi�nces, ,. ��
<br /> and fixtures now on c�renfter u part of thc property. All rcplaccmcnts and ndditions shFdl ulso be covercd by this Sccunty , ••�_
<br /> ''' Instrument. All of thc foregoing ts refened to in this Sccurity Instrument ag the"Propeny." =`
<br /> BORROWER COVEIaIAN'fS�hnt Ba,rrowcr is Inwfully scised of thc cstate hereby conveyed and has the right to grin► . .;-
<br /> �. und convey the Pro�eray and that ihe Property is unencumbered,except for encumbrances of eecord. Burrower wa�rrmits and . �_-
<br /> will defend generally the title to the Property against all clams and demands,subject ta nny encumb�nnces�f recatd. �P
<br /> � TH1S SF.CURITY INSTRUMENT combincs uniform covenants for nationul usc and non-uniform covcnunts with ?_,�
<br /> limited variations by jurisdiction to consdtute n unifortn security insttument covering retil property. , . .,.,.
<br /> UNIFORM COVENANTS. Boerower and Lcndcr covenant and agree as follows: p.P
<br /> . 1. Puyment af P��incipal nnd Interest;Prepayment and Lnte Charges. Bunowcr shall prompdy pay when duc thc {:
<br /> principal of and interest on the dcbt evidenced by ttte Notc and any prepnyment and latc chargcs due undcr thc Notc.
<br /> 2. �nds for'ihxe.v und Insucance. Subject to applicuble la�v or to u writtcn waiver by Lcnder.Borrower sh�ll pay ta . �,
<br /> Lender on the day monthly payments are due under the Note,until the Note is paid in fuU, a su p("�unds'7 ao': (���aid ,� ,�•'
<br /> ta�ces und assessments which may attain priority over this Security Instrument ac a lien on die Pro eR ; (b)Y ��� flood `
<br /> payments or ground rents on the Property. if any; (c) yearly hazard or property insurance ptemiums; (d) y y ,
<br /> insurance premiums, if any; (e) yearly rnortgage insurance premiums, if any;and(� any sums puyable by Barrower to �
<br /> Lender, in accordance with the provisions of paragraph 8, in lieu of the payrr�ent of mortgage insurance prem�u►ns. These � n'
<br /> � items tu•e called"�scmw Items.' Lender may, �t any time,collect and hold Funds in an umount not to exceed the maximum � , ,�.,
<br /> , amount a lender for a fcderally rclated mortgage loam m�y mquire for Borroweis escrow account under thc feder-al Real �
<br /> Estate Settlement Procedures Act of 19741s amended from ume to timE, 12 U.S.C.§2(r01 et seg.("RESPA'7,unless another w i��_n,; ..
<br /> law that applies to the Funds sets a lesser amount. If so,Lender may,at any cime,collect and hold Funds in an amount not to ,�
<br /> exceed die lesser amount. Lender may estimate the amount of Funds due on the basis of curtent data and reasonable ,�' ��, _
<br /> estimates of expenditures of future Escrow Items or othcrwisc in accardance with applicable law. ;•.:�';'';F��-
<br /> The Funds shull be held in an institution whose dcposits are insured by a federal agency, instrumentality,or cntity � _
<br /> � (including Lender,if Lender is such an institution)or in any Federal Home L�an Bank. Lender shull apply the Funds to pay :`��..,
<br /> the Escrow Items. Lender may not charge Borrower for holding and applying the Funds,annually analyzing the escrow ����%_;—
<br /> account,or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and applicuble law permits 2. �, ,��___
<br /> ,. Lender to make such a charge. However.Lender may require Borrower to pay a one-time charge fur an independent real ..:;,;�'_—
<br /> �:,..P. � ' estate tax reporting service used by Lender in connection with this loan,unless npplicable law provides otherwise. Unless an '1,._'_�
<br /> % .. '�' agtecment is madc or applicable law rcquires interest to be paid.Lendcr shall not be mquired to pay Borrower any interest or
<br /> • eamings on the i�uncls. HOP[OWV'C illltl LCIIUCI Illity agrcc in•��tirb,h��v�ynr �h�t intrrest shall be Daid on Ihe Futtds. LCnder
<br /> � shall give to Borrower,without charge, an nnnual accounting of the Funds,showing credits and debits to the Funds and the �, r ,, _
<br /> : purpose for which each debit to the Funds was made. The Funds are pledged as sdditional security for all sums secured by 'y;
<br /> � this Security lnstrument. � �•
<br /> If the Funds held by Lender exceed the amounts pernutted to be held by applicable laa•, Lender shall account to _
<br /> Bonower for the excess Funds in accordance with the requitements of applicable law. If the amount of the Funds held by _
<br /> Lender at any time is not sufficient to pay the Escrow Items when due, Lender may sa notify Borrower in writing, and, in ,
<br /> , such case Boaower shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the , .�,
<br /> ' deficiency in no more than t�velve monthly paymcnts,at Lender's sole discretion. •,Y
<br /> ' Upon payment in full of aU sums secured by chis Security Instrument, I.ender shall promptly refund to Borrower any ^.
<br /> � Funds held by Lender. If,under paragraph 21,Lender shall acquim or scll the Property.Lender,prior to the acquisition or
<br /> , sule of ihe Property, shall apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums �."_
<br /> secured by this Securiry Instrument. � ° ����`
<br /> - „ 3. Applicatton of Puyments. Unlcss applicablc law provides othenvise, all payments received by Lcnder under l �•;n
<br /> • paragrnphs l and 2 shull be applied: firtit,to any prepaymcnt churgcs due under the Note;second,to amounts payable under . „ r_
<br /> " „ paragraph 2;third,to interest due;fourth,[o princ�pal due;and last,to any late charges due under the Note. w�,�_��
<br /> 4. Charges; Liens. Borcower shall pay all taxes, assessments, charges, fines and impositions uttributable to che �. ,,.f.'. -�
<br /> Propeety which may attain priority over this Secunry Instrument,and leasehold payments or ground rents,if any. Borrower ��'��_
<br /> s6u11 pay thcse obligations in the manner provided in pnragraph 2,or if not paid in that manner,Borrowcr shall pay them on .
<br /> ,,:.,
<br /> timc dircctly to the person uwed payment. Bonower shall ptompdy fumish to Lendcr all nodces of amounts to bc paid under �^ ��i+:Y��•
<br /> �4>--
<br /> this paragraph. If Bottower makes these payments directly,Borrower shall promptly fumish to Lender mceipts evidencing �.p ,�,�, .�,�,�
<br /> ' the paymenu. I °',.a,.�,.=.-:��--
<br /> . • � Borrower shall prompdy dischsuge any lien which has priority over this Securiry Inswment unless Borrower:(a)ugrees ,";�'=,z�•=:=-%° __
<br /> 0'�^r'."�'_.,_.
<br /> in writing to thc payment of the obligation securcd by the lien m a m�mner acceptable ro Lender:(b)contests in good faith the ���„�f�,_
<br /> lien by,or defends against enforcement of�he lien in,legal proceedings which in ehe Lender s opinion operate ro prevent the �:. .;,�,,_�
<br /> licn• or(c secums from the holder of the lien an agreement sxtisfactory to Lender subordinating thc lien �' , µ�, �
<br /> enforcement of the , ) r �
<br /> to this Security Instrument. lf Lcndcr dctcrmines that any part of the Property �s subject to a lien which may attain priority � ,
<br /> over this Security Insuwnent,Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take � �
<br /> one or more of the actions set fonh above within 10 days o£the giving of notice.
<br /> 5. Huutrd or Property Insurance. Borrowcr shall keep the improvcments now existing on c�reafter erected on the �.,�f�
<br /> ` .«��d
<br /> Property insured against loss by fire,hvards included within the term"extended coverage"and any other hazards,including
<br /> . Floods or flooding, for which Lender rcquires insurince. This insurance shall be maintained in the amounGs and for the j��
<br /> ,
<br /> Form 3029 9l90 (page 2 ofG pugtsl ..,�
<br /> . i
<br /> i.
<br /> � ;r•�►
<br /> . �`���`i�;
<br /> _ __ _ - � - -.._ .... . ._. -------__..__._ . ------ ---- -- _-.
<br /> _ .._... ... _.. --
<br /> __,_.._.. . ._ ._ .- -- _ .
<br /> „ - -- �, � . �.
<br /> i . � � ,t;.
<br /> !. , „ , „ . .. +i
<br /> i� .. ' ' , �' �
<br /> � • , . I
<br /> _ .. . ;
<br /> , . , ,
<br />_ - ' ' i
<br /> . . ��
<br /> , . i
<br /> � � . ., , �., - - --------�—�-- '
<br />
|