|
�_ . ,�T"� ..� .. ,. . c . . . .. .. . _ . ' ; _
<br /> . ,s . ' . r . - . _ .. '�` - • , o,.. .
<br />_ _Yi- ,.�? 6 �2� . i �'�5, _ a . . q� ` - �. . .
<br /> _ ' '�5��. �. .1 � V: . . ` � ` t `..:,�I�Ir.- ( ,4� .., t
<br /> r :�„� �.`.Cr� .� - `� .. . ,� '�` �..f` � 4 , i . ,. � ..� t� r � . , t � . . �`r . • � - � . _ .
<br /> r •- ti�,
<br />- . , . , � . .tr' .._ . _- - =�b`:;- r � '�" ' . . �", � ' , . -. ,. . ._. - _ i . i , ' , • .
<br /> c_ . �-.f'.. . �� � . . _ _. : ,o- <i`'` ; ` _ . i _.....- . " ,� ' 4 �-_�___ . . -
<br />_._. , - _ c . . i __ L. . ! .
<br /> . . ' :� � . � .. , ' '
<br /> . ` ; � • - ` . � �5- ��A5�4 ; - -:��
<br /> ` ' ., ' TpGET��R WITN ail the improvemenis now ot hereafter etectc�on thc property.uad u11 easemcnt4.appurtcnenre�, ' .. _
<br /> _'.`' `' aud 5xt�ues now oiheteaftet a pazt of the ptoFertY. AU iepiacament�and addisions shFill alsa be coveree hy thls tiecuri�y ,
<br />� ',':'� ` � Instmment All o€the foregoi�g is referrea to in this Security Insnusneut as die"Property." .. : . .
<br /> ' BORROWFR COVENANTS that Bosrower is lawfilliy seised of the cstate fteteby conveycd nncf has thc rf�,ht tc��;�nt � '
<br /> . .``'�--"�`—� � • and comrey the Froperry and that the ikoperty is uaencwnbered.exccpt lor eaa�mbrsutces of re�urd. Borr,�wcc waeranis uiuf '. ; -- , -
<br /> _` wili defcad genatally We titIe to the Pmperty agaiast all daims aad demands.subject to any encumbmnces of record,
<br /> • � • 1'HIS SECLJRITY INS'IRLiMEI�'F combines uniforrra covennnts for rmtionai use nnd rton•unifortn covenants with '�,`' _
<br /> _ � Iimited vaziations 6y jwisdiction to constimte a unifonn security insuument covering real ptoperty. � • �
<br /> - tJMFpgM CpVE�TpNTS, gorrower aad Ler�der covenaat aad a as follows: ' -�`= �
<br /> � � •'�.�..° -
<br /> � L Payment of P�riadpal and Interest;Prepayment aad Lete C�rges. 8orrower sha11 promptly pay w+hctt�tue titc
<br /> • . , principal of and i�st on the debt evideuced by the Note and any prepayment and late cl�argea due urtder fnc Nutc. _'`��_�=''f-
<br /> . Z, �y far�amd Insurenc� Subject to applicabie law or to a written waiver by Lcnder,8oyxowcr eha11 pay ta =�`
<br />=�,..�`•,• � .'. : Lender on the day monthly payments are due un�r the Note.unrii the Note is paid in tnll.a s�hn("Fund�")for.(ol Y��Y �-.__-
<br /> � taxes sud assessuients which may attain priority aver this Security Instmment as a iten on the Pcapectyr:(b)ycariy lea�thuld = -
<br /> �. E PaYments or ground reats on the Property. if any: (c� YearlY hazard or psoperry insurance premiums: (d)Ycarly ttsxsA . -------
<br /> . � insumnce premimns, if any (e)yearty mortgage�insuiance premiums,if enp: and(�any sums payable by Borrower tn
<br /> Lender,in acoordance with the pmvisions of paragraph 8.in liea�of the Qayment'of raottgssge inst�rance premiums. `Chesz.-
<br />_� : . � ttems are calted^Escrow Items.° Lender may,at any time.coIIect end hotd Ftmds in an ntuuuat not to cxrced the ma�tittum
<br /> • ' amonnt a tender for a federa{1y relaied arortgage laan may req�ite for Homower's escrow account under the federa!Real
<br /> " � � Estate Setticment Procedures Act iof 1974 as amertded from time to time,l2 U.S.C.§Z601 et seq.t"RESPA°l.unlcss ano191er '
<br /> ,,; . :. .-. � .. . :...
<br /> -�:—::.:.--_.--.---._. .._ _. ..-.�aw that-agplies�to the Fimds seu a lesser.amount�_if�4.�sldet may,at any_time,collect and hotd pltnds 3n an amount t�ot to
<br />�� - � ' ,�. : exc,eed the lesser amount Lender may estimate the amount of•Funds due on t�ie basls of cniie�f"dtua and ceasot�able
<br /> , estimates of expenditures of future Fscrow Items ot otherwise in accardanee wIth epplicable law:
<br /> . :� . The Fuuds slf�all 6e held ia.an imKitution whose deposits ane insuted by a federal agency, insttumentaliry.or cndty _
<br /> ('mcluding Lender.if Lender is such an institu�on)or in uny F�edzral Home Loaa Bank. Lender sliaU epply the Fknda to pay
<br /> ;, . � -. �
<br /> . .
<br /> • -... • _ the Escrow.Items..Lendes may_not.ctrarge.Borruwer for holdu�g and applying the Funds.�nnualiy analyzing escrow
<br /> ' � account, or verifying the Escrow Items. unless I.ender pays Boriowei interest on the Punds and applEcable lnw p�rtnits
<br /> . . _ '` L,ender ta waYe such a charge. However,Lender may requine Bosrower ta pay a orte-time charge for an independent cea) ,
<br /> estate tax reporting service used by I.ender in wnnection with t6is loan.unless applicable law provldes othenvise. Unless an . _ _
<br /> • �� • ' "� agreement is smade or applicable law requites interest to be paid.Leader shall not be required to.pay Homawer aay itrtetsest oF , .
<br /> ' -- �-�' earaings on the Funds. Horrower atcd I.ender may agree in wnpng,however.that intezest shall be paid on the Funds. Lender .
<br /> , � . . . shall give to Borrower.without c6arge.an annual accountin8 of the Funds,showing credits and debits to tUe I�nds ond the .
<br /> � . . , pnipose for which each debit to the Funds was made. The Fvnds are pledged as additional security for all sums'secured by' �,
<br /> . ���� , dus Se�ity Instrumeaw
<br /> � . �• If the Fwtds hetd by E.ender excced the amounts permitted to be held by applicable law,Lender shal!ucconM►o �_
<br /> � • Barrower for the eacess Funds in accordance with the rec�uirements of applicable taw. If the a►nount of the Funds held by �'��—
<br /> . . • �; � Lender at any time is not sufficient to pay the Escrow Items when due.Lender may so notify Borrower in wrldng:and.tn
<br /> . such case Borrower shall pay to L.ender the amount necxssary to make up tlte defcciency. Borrawer shall make up ttte
<br /> ` . � � � � deficieney in no more than twelve monthly paymenu,at Lender's sole discretion. _
<br /> � .. ' ' Upon payment in full of aU sums securcd by this Security Instrumea�Lender sh�ll prompdy cefund to Borrnwer any
<br /> � � ' ' Funds held by Lender. 1f.under paragrapb 21.Lender shall acquire or sell the Properry.Lender.pnor to the ucquIsidon or �
<br /> , , � . sale of the Peopeny.shall apply any Funds held by Lender at the time of acquisition or sale as a credit ngainst the sums
<br /> . secured by this 5ecurity Iaswment. • .
<br /> � ' � • . � 3. ApplIcaUnn of Pgymeats. Unless applicable law provides otheiwise.all payments re�eived by l.eader under
<br /> • • � paragraphs 1 and 2 Fha11 be applied:first,to any prepayment charges due under the Note:second.to amounts payabte uadet
<br /> • - �� l paragrapfi 2;third.to interest due;fourth.to princiQa�due;and lasL w any late charge�due under the Note. __ �
<br /> . •'' 4. Charges; Uens. Bonower shall Qay sll taxes, assessments.charges, fiaes and imposipons atttlbut�6le to the ��y_
<br /> - � " _ , � Property which may attain priority over this Secwity Inswmenti and leasehold payments or ground rents.If uny. Borrower -- s;z-.
<br /> • shall pay these obliga6ons in the manner provided in paragaph 2.or if not paid in that manncr.Borrawer shall pay them on
<br /> .. • ', time direcdy to the person owed payment. Borcower shali promptly fumish to Lender all notices of amour►ts to be paid under �•'_=�- -
<br /> � . this paragraph. Jf Boaower makes these payments directly.Bonower shall promptly fumish to Lender receipta evidencin�
<br /> . . .. the payments. ,-,i�.
<br /> • ' Borrower shall prompdy discharge any lien wluch has priority ovet this Seeurity[nstrument unless 8orrower:(a)agrees
<br />- ' '� in wriang to the payment of the obliganon secured by thc lien in a manner acccptable to Lender.(b)wntests in�ood fnith the ', . .
<br />- � . , : . . � lien by,or defends against enforcement of the 13en in,lega!proceedings which in the Lcnder's opinion operate co prevent the � �. �
<br />__ . � enforcement of the lien:or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the licn
<br /> - . � • . � to this Se�urity Inswmen� If Lender determines that any part of the Property is subject to a lien which may attain priority _
<br /> �� ' � i over this Security insuument,Lender may give Boaower a notice identifytng the lien. Borrower shall satisfy the lien at tuke •
<br /> one or more of the acdons set forth above within 10 days of the giving of notIce.
<br /> , ' '. .I 5. Hazard or Property Insurance. Borrower shall keep the improvemeAts rtow existing or hercatter etected•on thc �.
<br /> � Propefly lnsured against loss by fire,hazards included within the term"extended wveia�e"and any othet hazards,including �
<br /> floods or flooding, for which Lender reqoires insurance. 'Ibis insutance shall be malntained in the amounts and for the
<br />-- ' . . ,•` � , �
<br /> Faem 30Y8 9l90 Ipnge 2 aj6 page�l
<br /> - . ...s:r � . .
<br /> . � � . . • . .
<br /> + ' '. ' . . ' , . ' . .. -..-.,. —.----• . ,
<br /> ' ' . . . _ , . � .. . , . � . . . ' . . , , Y,
<br />_ ' ' .. • .-.--. •d . ` ' ., .. .. . - - - ' '. . , _ • ' - . '
<br />_ , .. - . _ . • . - , .. .. � . , . . ... � � _ . a. � . � ' � _ . •
<br />.�� , . . . . � � . � � .. . • . . . - �. - . ' �... . �. � . .
<br /> �. . .
<br /> . . • . ..
<br /> , . . .
<br /> —�__._ _.r_ ..._. .. ._...._ ...•.._. ' - �
<br /> _ .. -�-' --,�— '�--'-'.'-�--'- - —---�._.�_.,_.�: _.�. .—:—..._—� -- - - - -- --- - - -
<br /> -__. _. .-- ---- ----- -- -� -----. _.
<br /> _ ;� ' - ,•. . , �: ,
<br />;� - .__ - . _ _. . - _,. . . - - -- - -- � �- -- - - - - - - ---------._._ _... .__ _ . . _ --- --.-'. _..._. -
<br />�-:-' ._ . - � ' . ' . , . ', - � . , � . . . . .� . � , � . - " . _ .. . �) .
<br />..�• • - . " . _ - . ' . . . .. . _ ' _ . . . • . •. . . .
<br /> . �. � - . � . . . . . . . _ .
<br />� ... :, . . . .. . .. . . ' ... : -.. � - � . � � ' .. • . �
<br /> ' _' '__. .._ . .. . .. . . . � , �
<br /> ..,. .,. .- , . . . . . �. . . ' .- .
<br /> . '
<br /> . ,� . ._:. . . _ .
<br />.�' • . . ' - -- -- -- . ._ _. .___ . _. _ _.__. . ---- '- ----� ._
<br />
|