|
t c y �
<br /> � . - � -.:� : �a. . �� -., .� � �._
<br /> . 1' _ .� '.. C F � ( , L 4 'Y - � , ' . . .
<br /> . .k♦ �. .54��.'_ t f yj ( L . - ( .f � t-_ �,r4 � _ ._
<br /> �.' - '$' t/ ! • ' • nOMY
<br /> �t' �F . ' S. '`�G .. . tt..� . . . . ' a . _ � , . .. ' " .. - .C• . ' C . . � .
<br /> —_ �'" ..4.• G.�. .l•_' �3 � 'f .. .�', b ' _
<br /> `�° • . _ . . . ^ _. ., � < . . _ _ � , � . .- . ., • , _ . 'e ' r ' - -
<br /> _� .. `('� M1•� .. . ` . . . y . � ' �. � � • , - .
<br /> -,iL F` � � ' . �' . . . ' . � , .. .. .� . .. �L` -. . .. . , ♦ _.
<br /> —. ' . . '" �• t - � _
<br /> - � ;`. . • ' ' , . ,:' , ' , . . .. : ;_ ' .... . . ' . . .. . . `' . : . a,� "... . . ' .. . "
<br /> �4 ' ` - � . . � . . � � . • e; .. . .. . . . ` . ' .� -, ; �n ;m ' , , .
<br /> - ... _t.�� f�!! ` y� � -' . '..`��4 � i.' .. ' ' S�. a .. . , .s - t . . , -. -`: 'c- � `` �. � - .. -- �_.
<br /> - . . ' ,1' . y .. • .
<br /> , , ` .: `�`4' � TOGET�IBR �VITH all the,�improvemeuts aow o� hereafter erected on tHe��pertyj�����ments, ' � `
<br /> . appurtenances.and fistures aow or heseafter a part of thL property.All replacements and additions ehall slso be covercd ; • ,
<br /> ` ' by this Security Iflssrnmen�All�oY the foregoing is referred w in this Security Instrument as the"P;operty," . < ', - .- - - --
<br /> . :. .. . :
<br /> '� �_'•;.�-�-x :.: . ..
<br /> �---��-"' ' BORROWER COVEN�IN'15 that Borrower is lawful3y seised of the estate herebq coaveqed and has the right to �-"��. ��,-��'� ----
<br /> - � ; . grant aad coaveq the Progertq aad that the Pro�rtp is unenc�mbered.eacept for e�cumbranc�of record.Borrowet � - �: -`
<br />�. � , ' warrants and will.defend generallp the titia to the Ptapertp against all claims sud demands.subject to any encarnbsaaces '� ,� .
<br /> . , of record. �' '�
<br /> -. THIS SECLTRITY INSTRLJMENT combines uniform covenants fos national uss and noiruniform covenants with °� °-�_ �� :
<br /> r�., if
<br /> . ` _ limi t e�vatiations b y j u r isdicdon t P wnscitute a uniform securi t y inatrumeat coverin g real pro p e f t y. . ._._ :,: . ._.
<br /> � , UNiHORMCOVENANTS.'Barrower and Leccder covenant and agree as fol2ow� r '� �
<br /> . � l.Payment oi Priacipal and Interest;Pregayment and I.ate Charges.Borruwer shall pramgtly pap whea due ,
<br />- t;: � , . . the principal of aad iaterest oa the debt evidenced by the Note aud any prepayment and late charges due under the Note. �� ' ' " �
<br />- LL , � �Fonds for Taaes and Insnrance. Subject to applicable law or to a written waiver by Leuder,Hnrrower shall � • � �
<br /> - L� ` - �ay to Lender on the day monthly payments are due under the Note.untii the Note is paid ia full,a sum{"Fuads")for. _ • ' . _
<br /> � {a)yearly tages and assessments wluch map attaia priority over tlus Secirritq Instniment as a lien oa the Praperty;(b)
<br /> � yearlq leasehold paymeats or ground rents on the Propertq.if any;(c)yearly hazard or progetty insurance premiusns;
<br /> � ' .� (d)yeatly fload in��ran�e pretaiums,if any;(e)9estlp mortgage insurBACe premiums.if anq;and{f)anq sums payable . .
<br /> ' bp Borrower to Lender,ia accordaace�ith the provisions of paragraPh 8.inYieu of the payment of mortgage inau�ce : �K • .. �:��,�.
<br /> - • � . premiume.These items are called"Escrow Iteme."Lendet maq,at aap time;collect and ho2d Funds in an amount not , • : • • .-
<br />-. ��-��•. -;:- ` -��' '�.�; � � to exceed the masimum amount a leader for a ferierall related mortgage loan map require for Barrowes's escrow ----�-�-�=
<br /> ,. _.,�_
<br /> - - _ ,
<br /> . , . .. -.- --.--- -._ . ._accouaf vadei�he Ye�etaT�Real�sfafe Se�tlement-Proce�ures Act�o�1974 as aiiiende�fiom��iiie�-iime;.12�U:S:G:_- ..----. ..-�---.'°.�: .�$�
<br /> �� � • Section 26012t seq.�"�PA"),uniess another law that appues to the Funds sets a lesser amoun�If so.Lender may� . � �Y
<br /> ' � � ' " ` . at as►y tisne.collect and hold Funds in ua amount not to esceed the lesser amoun�Lender may estimate the amouM of .>'_'��;
<br />_- • . � Funds due an the basis of cameat data aud reasonable estimates of espendiwres of future Fscrow Items or otherwise in ,:,u-`'4
<br />; _, „�.'�.. .�_ : accordaacewithap�licablelaw. ' .
<br /> _.... _ _..
<br /> - , . . The Fuuds shall be heid iA an itistitiition whose deposits are insured by a federaT agency,instrumentatity,or entify ..'•�#f
<br /> . ` ` (iucldding I.ender,if Lender is such aa institution)or in any Federal Home Loaa Bank.Lender shall applq the Funds to - ''� � `..,�
<br /> : • � paq the Escrow Itema Lendei� may Aot charge Borrower for holding and applying the Funds,annuai}q anatyzing the :•
<br /> - , � escto�v account,or verifyiAg the FscTOw Items.unless Lender paqs Bonuwer interest on the Funds and applicab�e law � � � _ �
<br /> � � -� , � permits Leader to make sucb a charge. However, Leadar tnay require $onower to pay a one-time chsrge for an --- �!��";;::-�' �
<br />_ . • . �, indepeadent real estate tas reporting service used by Lender in connection with this loan,unlesg applicable law proeides ��. . �''•� ��
<br />_ ,;. • other�vise.Unless aa agreement is made or applicable law requires interest to be paid�der shall not be required to • . ' � �;r,�',
<br /> ' . . • pay BotroNer any ilnterest or easnings oa the Fbnds.Borrowet and Lender may agree in writing�however,that iaterest «.-�`
<br /> � sAall be pa'sd on the Fuads.I.euder st�aall give to Bonower,Hithout charge.an annval accounting of the Fuads.showing .. :.f,�'/t,�,� '•:
<br /> • ` � ';== credits and debits to the Fvuds aad the purpose for which each debit to the Funds was made.The Funds are pladged as -� -- �::��.: ':� -�
<br /> -� ' ' additional sa:urity for all suma secured by this Security Instrument. . , •
<br /> l�� � � � .. If the Funds held by Lender egcezd the amounts permitted to be held by applicable law,Lender shall account to " , �•� :,,,
<br /> �`� � � Bornower for t�e excess Funds in accordance with the requitements of applicable law.If the amount of the Fuads hetd � ���_. %
<br /> � '� "� bp Leudet at aay time is not suf�icient to pay the Escrow Items when due.Lender may so notify Borrower in writing, "f'
<br /> :F '_- ,�� ., � � aztd,ia such r,ase Borrower shall pay w Lender the amount necessary to make ap the deficiency.Barrower shall make ��_
<br />� � . -�' up the de4iciency in no more thaa twelve monthly payments.at Lender's sole discretion. . .
<br /> � ' ,::a, Upon paqment in full of all sums secured by this Security Instniment,Lender shaU promptly refuad to Bonowet .. � .
<br /> - aAy Funds held by Lender. If. onder paragraph 2l. Lender shaU acquire or sell the Property. Lender. prior w the .
<br />=� � acqaisition ot sale of the Property.shail apply any Fund4 held by I.eader at the time of acquisition or safe as a credit - . - �
<br /> . . aga�nst the suma secured by this Security Instrument. . � .
<br /> �. 3.Applicatian of Paymeats. Unless applicable Iaw provides otherwise,all payments rerxived by Lettder under � '� '•�.; :-'
<br />- � . � ' `�; paragraphs 1 and 2 ehall be applied:�rst,to any prepayment charges due uadet the Note;second.to amounts payable �
<br /> .. � under paragraph 2;thirci,to interest due;fourth,w principal due;and last.w any late charges due under the Note.
<br /> ,. ' �• 4. Charges: Liens. Borrower shall pay all tases.assessments.charges, fines and impositions attributahle to the � � , _. .
<br /> � ' Property which may attain priority over this Securitq Instrument,and leasehold payments or ground rents,if any. • . .
<br /> � � . ". ' Borrower shall paq these obligations in the manner provided in paragraph 2,or if not paid in that manner. Borrawer � � , •
<br /> ' � . . shall pay them oa time directly to the person o�ved paymen�Borrower shall promptly furnish to Lender all aotices of
<br />- � . amounta to be paid uades this paragraph.I4 Borrower makes these payments directly.Borrower shall promptly furnish . '
<br />_ � � to Lender receipts evidencing the payments.
<br />_� : . � -� Borrower shall prompily discharge any lien whicb has priority over this Security Instrument uuless Borrower:(a)
<br />_ , : ' egree.s ia�vriting to the payment of the obligation se�ured by the lien in a mannet acceptable to Lender;(b)contests in �
<br /> - � � � . : gaod faith the lien by,or defends against enforcemeat of the lien in,legal proceeiiings Nhich in the I..ender's opinion � ' '
<br />-- , . • � opesate to prevent the enforcement of the lien;or (c)sec�rres from the holder of the lien an agceement satisfactory to � � '
<br /> . .,,. Lender subordinating the f ien to this Security lnstrument.If Lender determines that anp part of tha Property is subiect
<br />�. �., :: ' � . to a lien wtich may attaia pridrity over this Security Instrument,Lender may give Borrower a notice identifying the 4' � •
<br /> �� . - lien.Barrower ahall satisfq the lien or take one or more of the actioas set forth above within]0 days o4 the giving of �.
<br /> notice. � • �
<br /> . ,��,� . '
<br /> , . , _ i. .. .
<br />_- • • � Q�—BRUIIEIroa�:� v.s+:o+e� Fmm 3��j�90 t . •
<br /> Inittota:lr`` j .
<br /> I
<br />__ ; ,' ' • , � . . .
<br /> � .
<br /> ' . � .. . . . . ' ' . •<�' .. � . . . � , .. � . • � . . � ' . . .
<br /> � .. ' `' , ' • . . , . . . . ,. , _' .. ' � • � . .. '--. . . . :
<br /> . . . . .
<br /> , , . . ,
<br /> __. ._...__...._.._._—:_.._._.._. �---�-- .i�. . —�_ • .. ..—...--�-- '-- ' — —— —- r - — - -
<br /> — . . --. � -- -:— - -- - - _— -_.- - , _--- . .. . . . �__' . ._�_._._�._.�._._.. .,.--'. ..
<br /> �t• . . . � " ��. � . . . • � " . - � ., . . , , ' _ . ' . . " . ' ,. .� .
<br /> . . . . � . . . . •
<br /> . .. �: - . � . - . . . .
<br /> . . . -• � . . . . - � � .
<br /> .- , . . . ...- . , . � . � . .
<br /> . .. .'. . . . . ' . '. . . , . _
<br /> , ,
<br /> .. ., • .
<br /> .�� .. . .. N .
<br />
|