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<br /> •+a� ..�k(r�.:nn,.�r."��i•.p'� a r,�.�A •�l�f`�+'I��� _ ..��n"_�...'�l*^�'!u'.:_--
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<br /> ---� . . . . 9 5�-�=t�'�2
<br />:�;:,=-�—;-_ . YaEIFTHFR�Y1YN AG the improvfm�nts n��v or herenher erectcd on ths pra,�:rty, end ad c�tsnm:►nte, a�spurtenrnca�, �ec� ,__ _�__.---�--._---
<br /> -: ��� � P.�ch+ree nr,�v or h�rsirter��ri ot ths pr�Nty.AN raphtcem9nte�nd addritons eha1Y elao be covere�i by 4hle Securfity►nstrun�ait. ___T—____
<br /> A4 of the foraS�oinA Is�ete�ra�i t�b�thla:iecurity(�ietnuneat�es lh� '('r�pe�ty.' G �.r '�� `
<br /> . . ;� � [3C3iiROlh�ii Ct�Y�fdAfiY:) titat Ga�iuro;,r i� to�r�u.y ccirz:l a1 liio c�tato hcrcuy canvcycsl cnci hs:� Iho �t���t Qc► (�,.r4 rn[i G ,
<br /> '���;,��R convey lh• R�opwty ar�d that lh• Propaty la unaneumbwod, except tor encum0rance� ot racord. AIifTO'NSi' W�ihifli6 �fl(� 1tiri� r _ =w-�-
<br /> _-- dMsnd Q�nonMy Ihe fidai to tho PropKry�p�Mut dl d�im�u9d dorrwnda,aubJsct to �ny�ncumlx�nco�oi record.
<br /> --`° 7HI8 SECUNTTY iN91'F1U{MENT combinM unNortn oo+vnu�t� fw natbnal u�• �nd non-�nHam covK►anto wNh wrAtxl ---
<br /> ---;;�v:'�:� �,�..;,�_---
<br /> v�rl�tbnt by Judcdktbn to oan�tiDUt��unHam�oCUdty fn�Yrum�nt wverktp real property.
<br /> � UNIFORM GOIIHNANT9. Saroww�nd I.�nd�r cown+nt�nd�prw ao IoNowa;
<br /> =��* "� � 1. Re�ytrt�nt of Prinalp� �nd lnhr�d: P��pmym�nt �nd I.at� Cha►��s.Horrowcr eh�N Oxompty�Y whm
<br /> F �,r,�nf ---
<br /> dli�th��r,cipd ot�nd Int�rni nn th�dwi avkiwiewl�y tiiq No4e o�d�y p,�:Y��i��9 Fnd�4�cFu:r{�:.a�ua w:G;.z tho f�ata : - _
<br /> '� 2. Fund�4or Y'�ans �d Insuru�es.3ubJ�et to �ppllc�l�.kw or to■wrkun w.NK by Lsnder, Bennw.r ah�ll p�y
<br /> ''� to L�ndw on th�d�y monthy Mym�nt� un dus undK th� Mot�, untM th�Note te p�id In(uM, � sum ('Funds'y fa: (�)yMaf/ -
<br /> taxea �nd �ueasmanta whlch rtwy sti�in prio�lty ova thia SecuNty lnatrument as n Aen on the Prope�ty; (b) ysury le�s�hold _
<br /> ___ � �ymente or qround nnta on Yhs F'�opwty, H any; �o) ywry hwrd a property Inau�nce prerr�luma; (d)yearty lbod Inauranc� ��;__----__
<br /> ..�-1����� pntnk�ms,M any; (e)yMrly mortpaye 6nsuanee premiuma,If any; �nd (Q sny eume pay�bla by Borrower to Lender b�ecoM�ncs �._ -_ --_-
<br /> l:�,��:. wkh ths provialons ot p�n�npb 9, fn Neu o1 the paymen4 ot mod�pe Ineunuice premfuma. Thoss Rama ue c+iWed 'Enciow �c��*���� =
<br />_ _ -:,� tta�s.' Lendsr mny, at any t}mo, cokec! nnd hold Fund� In nn emount not to oxc.�ed the rrMximum �mount• tender fa• 7�Z tM�� __._mm
<br /> '- x� t�fenity reirted mortpay�loan m�y rOquke for Barrower'e eaaow�ccount under the fedaal Re�l EstRM SetUement Procadurea � � ��'�i,�,+yn
<br /> �� �a1w t�" � Aci of 1874 te amend�d irom tima to tfms, 12 U.9.C.�2801 at aeq. ('RE8PA"), unlex� another I�w that appAes to the Funds �- •- -
<br /> t,{��s � �.• s6ts �teaser amount If so, Lender m�y, �t �ny tkne, collact snd hold Funda In en amount nnt to exceed the leaeer amam4. �' �TM+� --
<br /> "£tl "�"' � Lendar may eatknate the�moont of Funda due on the b+isla of curro�t dau and roasonsble estknates o1 nxpenditures o1 futuru � h L� -
<br />��;°ri���':_'��1'`• � .....;;� --
<br />____d��,�,'i Eecrow Itemo or otherwlae in accordance wRh appNcaGle kw. :,,;._�___ __
<br /> __=-��;a•:,. Ths Ftm��s ahaM b�hetd In�n MaUtuUon�haa�deposlta ue innured hy s tedeN rpency,MsUumenUNry, or er►tity({ncluding f�;u;:, �
<br /> v -"�`°" � Lendx, H lender le auch m inatRution) ur In any Fedanl Horne Loan BanN, Lencier ahdl apph/the Fundn to pay the Eacrow °-=��:n'�----
<br /> --.�?C�!'''.:.�Y�f i �. . .'• `,;_T_.V
<br /> _ _-�,:T�;;,�;- •l ttar�a. L��B:,� m�y not c:�arga Borro:�cr far ho3�p end ep�ly�p the Funde, ennt!!�r en_yrJnp the escrow eccount,or vedtyng ,`.,;-�':��'�-`_�
<br /> ;"�..•.=� the Eaaow ttem�, untess LMdEf P11� BQR6WCr M1EfE01 on the Funds end eppkcxbta law perrnite Lender to m�ke euch n .� "
<br /> . �i4. , 1 char e. Howaver, Lender ma r ke BorrowEr ta pay � one�Ume ch�ree for en Ind�pendent raa! estate tex repaUnp servlce "::, . `d'�-``���`--
<br /> _:,��.�.�. a r � • �"''��,°=:�-
<br /> uaed by Londer In connection wkh this loen, unless epplice4tn Iaw ro�ides otherwise. Unless an a reema�t la made or �'�
<br /> P g � ,�,�-� �•'
<br /> '+�`"'
<br /> M` �X' +7�. '•.. oppHctbb kw requfrss Interest to be pald, Lendx ah�N rot be requirod to pny Bortower any Interest or aminga on the Funds. �,,�aT__,�.�.___
<br /> '-�°�''•'� Bo�iower and Len�ev r��ay sq�ae in �rrtting, hov�cva, that Intereat she.N be pr.ld on the Funda. Lender sheN giva to Bonower. ,� -.... ' -- _
<br /> • ' ` wfthout chupe, �n e►nnuaf nccounUnp of the Funds, shawing credYs and debfta to Iha Funds and tho purpose tor which eacN " _�jl:,��;:
<br /> . �.`�'�
<br /> `'f���<``�`�� debR to the Funda waa made. 7}ie Funde are ptedged fla additlond secu�ity tar ah sums aecured by the Secu�ity InzWment. _ �-� �-.
<br />•,���• ���^'� II the Funds held by La�der exceed the amounte permitted to be held by�ppticoble luw, Lender sh�B account to BoROwer `��� `�
<br /> <,: (;�.c..;
<br /> for the exceaa Funda in rccord�nce wlth the roqulromente ot appAcaibte law. If the nmount of the Funda hdd by Lender at my r''
<br /> "��� �� time la not eutAde�t to pay the�eaow Itema when due,Lendor tmy so nottly Borrowar In writinp, end, In such case Honower ,J' - _
<br /> • � F ahaN pay to Lender the amount necea�ary to rr�ke up the deflciency. Bartower shaH meke up the deflGency In no more than ��
<br /> • , ;�.,.�• twefvs monthly paymenta,at Lur►de►'e sole discretlan.
<br />- °•�� Upon gayment In fuY oi atl suma eecured by thia Sacurfly Inslrument,Lender shaH prompUy retund to Bortower any Funda _
<br />-"-"` " �-'�' hdd by Lender. If,under patagnph 21, Lendcr ehsM acq��ire or eell the Roperty, Lenda, pdor to the acyulsftlon or aale of the r "'�!
<br /> � Ropaty, ahaM �pply any Funds held by Lender at the time o1 acqutsitlon or seie eo a credit aflelnst the sums securod by this 5!f�. . ..
<br /> . t ',��:
<br /> . �. Securfty inslrument. • . tF•. S
<br /> ,, ,� �,��
<br /> 3. A�3�A91Catlotl of Paym�tlts. Unle�s appliceble law pravides othervuise, eH payments re+ceNed by l.enda under � ��'�::'�t
<br /> ,��•, i ��• paragraphs i and 2 shdl be eppNed: tkat, to eny propeyment chergea dua under the Note; aecond,to emounta payabte under �� i'`
<br /> :-{.. puspnph 2;thkd,to Intmrast due;tourth,to pdnclpnl dua;and last,to eny Iste chnryoa due under the Note. c... �
<br /> ` �� � ' ��Q 4. Chargss; U�11�. 9orrower ah�ll pay eN taxes, nsse�ammta, charges, flnta and imposkians attributable to the '" ���� •�•-s�
<br />'-��.7-:.":1' ,��;.�:: Prop�tty wh�h trMy�ttrin prlority ovar thls Swwrity Inatrument, and lensehold p�ymmts or ground rento,If any. BoROwa shnll
<br /> . .;• pay iheae obay�Uona in the manner provided In panprwph 2, o►ii nol pdd In thet manner, Bortower shell pey them on time � �(' ���•
<br /> ;,.:.•. ;� �;�;`%u
<br /> __ '.,;,„t',y;��,.;:>, direotly to the puroon owad payment. BoROwer ahaN prompty fumish to Lender all no4lces o}amounte to be pald under thia ° `����ti
<br /> �•.. . .�. ,�" puayn�ph. If 13orrowe► makea these p�yments directly, Bor►ower shatl prompttyr tumlah tn Lender receipta evidencing the I
<br /> � . � ..�. peyments. .. E r
<br /> •• �� � Bom�we►shdl promptty diacherge eny Ilen which hAa pdority over thls Secu�ity Inetrument unless Borrower: (a) agrees In � ��
<br />:�,,,_�;.� � �r�i I ����:
<br />'.rr,,;:; .: _ _ i writlnq to the p�yma►t of the obMg�Uon eecured by the Ilen N e manner eccepinble to Lender; (b) cont�sts In good takh the ,� _ ;;;�-'
<br /> _,�,.,, ..,,,.. . .
<br /> lien by, or dafandn ipalnst entorcement of the Iim In, lagal proceedings which in the Lender's opinlon operate to prevmt the ' , �'
<br /> �"��.�,;:� �
<br />;,;_:,,;,.,,,,.�,„„�,.�..,, entorcement o1 the Nen: or (o) eecures from the hold.w ol tho Iien nn agreement sat;�factory to Lender subordinating tha Iie�i t4 ,,
<br /> � � ' ' this 3ecurity Inebument.I}Lender determk�ea thet nny paR o1 the Property la sub Ject to a Ilen whlch may nttain prio r i ry over this : , , r
<br /> :� �:"'��-': ~ Secu (R6UUD7M1, Lender ma e �orrower a noUce Ident n the Ilen.Bortower aha!!e�Us tho Ilen or take one or moro of ' �' '
<br /> , . . �Y Y 9� �M 9 N I,:'�• '•
<br /> r`:,�:'`';" •%,, ' the ecUons aet tarth�bovo wtthln 10 daya of the ghring o1 noUce. ` , •'
<br /> • � �,,. 5. Hozard or Prop�rty Insuraacs. Bortower ah�ll keep the Improvements now exlstlng or hereetter erectod on tho � " �.�!, .
<br /> " PrapMry Inaurod agdnst loee by fke, hazard� induded within the tertn 'extanded coverage" and eny other hazards, Including � •
<br /> .'�,;,, :. Ibods w tloodfny,for whlch Lender requkes inaurance. fils Insurenco ahcll ba maintaincd In the emounte and for the perlods � � `� �
<br /> - � � , y � thtt Lender requlre�. The fnRUrence cartier providing the fnaurance shall be choaen by BoROwer suCJect to Lender's approval
<br /> ,_�, . �`r. which shdl not be unroasonsbty wlthhNd. IT 8ortowa teBs to malntoln covttage described above, Lender may, at Lender'a I "
<br /> --i•. :%yj: .. :• option,o4tain covenpe to protect lende�'s dghte In the fMoperiy In accordonce with pamgraph 7. I '
<br /> ;� AN Inaurance poRdee and renewats ahall be acc�ptoble to Leredcr end shall Include n standard mortgage clause. Lender �
<br /> =�� ���' ' eh�W h�ve tho dght to hold the policles and renewels. If Lander roqulros,Bortower shall prompty gNe to Lender nA recelpts of ( �
<br /> "' � :'R" patd prortfiums and rennwrl notices. In the eva�t o}(osa, Borrower�hnll gNe prompt notico to the Inaurenco cartler and Lender. �
<br /> � - : ',:, Lender may make proof of los�H not made promptry by Borrowa. ' •
<br /> " ` ,.:� Unless Lnndar md Bortower otherwlse agree In wriNng, In3urence proceaie nhall be applied to res4omtlon or repalr ot the � ,
<br /> `�M4�'•.' Property damaged, Ii the restonUon or ropalr Is ecorwmlcal.y teasWte and Lender's aecu�lry Is not lessened. If the restoretion or '` `�
<br />`;t.:, _ .� � repAk b nnt economlceNy intsfble or Lende►'e aecurity would bo lessened,the Insursnco proceeds shall be applied to the aums
<br /> �' � . oecured by this Sacurity Instrument, whether nr not then due, with any excesa pnid to Dotrower. If Bo�rower abandona the �11 .�
<br /> ' ��'' Property, or does not enawer within 30 days e notice trom Lender thnt the Inaurance ca►►ter has ottered to setUe a clalm, thm
<br />���::e':. •..:e;(;::': ,
<br /> , ;, ,.� Lender mny coNect the Inaurance proceeds. Londer may use the procaeda to repefr or restoro tho Property or to pay sums .
<br /> -° � �'� secured by thln 3ecvrity InaWment,whethor or not fhm duo. The 30�day peHod wIN begln when the notice Is gNen.
<br /> �` � �°�' Unlasa Lender and Botrower othwwlse egree In writhsg, any eppHaUon of proceeda to princlpal sheN not extcmd or
<br />_ "'i��^��� poatpone the due dute of the monthy psymenia retencd to In pernqraphn 1 end 2 or change the emount of the pmymenta. 11
<br /> � � '�-• ' under paragrpph 21 the Property Is acquked by La�der, BoROwn's dght to any Inauranae poiicle� and proceeds resulUng from �
<br /> dunege to the Property pdor to the acqulsklo� shnH pnse to Lender tu the extent of the nums by this Security instrurrmt
<br /> '•-=�=dii�' � .__'__._u.--
<br /> .. .. . . Y,. ...
<br /> ___..,._. : __- ���..<..�..a.�M�,,. .,....a�..y,.,o....,... ._..__ .._.._...
<br />� �`�`i�'� � 8. O�cupanc�r� Pro�orvMipn, Mdntananc� and Prot�ctlon ot the Praperty; Borrowor'o Laa� '
<br />- ••t'. "..s."� • Ap�licatlon; lAa8i�Po�lde. Bonower ahall occupy, ostr►blish, and usa tho Property na Borrowcr'o pdnclpal rosldmca within
<br /> ::;.,;.•::;'.:;�u.
<br /> °'� slxty days nRa tAA vxocuUon o} thla Securiry InatNmmt and shell conlinua to oceupy tha Property ee Borro�ver'e principal
<br /> �.'f�.���� "�.��+{. restdence 1or et le�at one yeur niter the dale ot occupenc��,unte�a Lender otiuiwise egreea In w�iting, whlch consent shall not
<br /> �;�,.'� :�;�,._� be unraasonaby vrfthheld, or unias oxtenueting dreumstenees wcist whlch aro beyond 8orrowerb control. Bortowa sha!I not
<br /> _- -----�='�:�"` d��tro„ d:m.:�� Ci lm.gn!�th� E'rep�t;. ^,.".a:�:the Pro�dh;to detM!+�*M, nr commM wwwte nn th� Pta¢�. E3oRa::•Ct sh�!! bC!t1
<br /> � . ' , defeuR I(eny tortetWre acUon nr proceeding, whether chrJ or aiminal,Is bogun lhet In Lender'e good faltli Judgment cauld rosult
<br /> In foAe{turo of the Property or otherwise metedel,y fmpalr the Ilen created by thle Socurity Inatrument or lender's aecurity Intereat.
<br /> _ l �� ,� � .�
<br /> `_ �A � ` ;-� F1JiG.LMO (10/34) Peqo 2 of 3
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