|
. � . , , , �
<br /> �•, � . -
<br /> , a. ,. .
<br /> �..,. ;, . ..
<br /> . �•
<br /> - . ..•wrM i �Au�'�,,. +jr.. . ,.
<br /> .. . , , _ „ .,
<br /> , ,. .
<br /> .�. , .. .
<br /> " . _�. . . ; .
<br /> -�,airn: c,'• ' . �,�,rcM,.i:`.', ",: ;,�i�'�"1�, , . ..
<br /> a.,+�,,,,,:b'�.' , f ��i�011�IP1�:45s53��we.,•,�.._�,r...�........_......._._._._. .._ ,..:.:... .......�..._�...�__... .. ._. _---._ _ ..--- ' ,
<br /> ,� ���� �� „ _.
<br /> ., , . .�.��.�.�� I -
<br /> TQCf:'fHER VJ17H u'.I 4ha f��nprnvommito no�v or hs�r�.eilGr �raatud on tho properry, and ail caac�ncnta, appur4cnancos, nnd I �.n
<br /> flxture� now or ha.ewttor o pmt o1 Ihn proporty. PJI rr.p!.:c�tar�ntn onA nAdiltr�no ahall also bo covcrcd by thla &ccu�ry Inc�trum�nt.
<br /> All o}the toraQoln� le ratared to In tNln 3uauniy Inatnunr�nt no tha 'i'ro�miV,' ° --
<br /> u"� • ^ �� ��+ BORROYV�R CAUFNMIT3 that F3onower la IawhiYy ntl.�nd at thn oslute hereb�/ conveyed snd haa the dqht ro prant an�i .. _
<br /> _'= `V� "�" ' convsy the Propat�r and that ltm Prr�pmry le unenaumbacod, oxcapt fnr rrncumbn�ncea of record. Bortawer warrmte and wlil _
<br /> "`--j:• delend pener�ty thu qtlti to 4hn�+ra�rtrty a�einet ail ct��rns Fnd de;mnndn, nubJect to nny encumbrancea o1 rocord. .=
<br /> ��;;.�'�::: � �, _
<br /> ,�.,;5�a+v-� r TH18 9ECURII''Y U�ISTI�IJMf:NT combinee unHorm f�VtAlfltlStl for r►ntlonal uae �nd non-unlfortn coven�nis �vith Ilm te �
<br />''��°.� � vadaUane by�udsdiWon ta aanntllutn a unlinrtn secu�ity Inctnirnont cmorin� reel property. +►
<br /> _=:;�;�1��;.w,,.� UNIFORM GCVF.NIiNT•S. �urtnwor end Lendor covonnM cnd nproo nre followe: „
<br /> _ .=°n.t^•�,°��'� 1. P�ym�nt af P��i�rrl�7e) �nd It�tsr�M; I�roptrymont enri Lat� Chtrg��. Bonoww shall prompUy pay when � �
<br /> '� " ' ' � � � ' due the principsl of end Intm�flt on tha dobt evldunead by thn Nata nnd tmy prepeyment and late charges due under the Note. I ,
<br /> � � -�"TY� 2. Funde itrr Taxoa ered Ineur�nce�BubJacst ta oppllcnblo Imv or to e wdtten waNer by Le�der, Borrower ehell pay -
<br /> . �'��!{�""�°°��j� to Lender on the dey mantidyr peymonte are dun undor tho Nato. untA tl�n Note la peld in tull, e eurti ('Funds') for. (a) yearfy �+`
<br /> ::, �
<br /> � "�'""'�t�' texee and essa�omenta whloh mny ett�+ln pdority ova th1� 9oaudty In�tniment as a Ilen on the Property; (b) yeedyr leasehald ,.
<br /> •�+�"�5';'•`�•��?" peymenta or gmund rnntu on tha Proparty. il nny; (o) yonrty hnp�►rd or property Insuraneo premlums: (c� yPady flaod Insurenco ,.
<br /> ��� ��"
<br />� premluma,It Htl)r ((i�yQfl(I}�R10fiQA�jQ Ii18UYHI1C8 �t0i11�U►I1S,tl�ny: nnd (q nny sums peyable by Bortower to Lender N accordance
<br /> • � with the prav)adann at pamprnph 8, in Iteu af the paymonf a1 mort�n�n Insurwnce premlums. These Rema ere ca�ed "Eecrow
<br /> Items.' L�tdtx muy. at eny timn, coltaot anxl hold Fundn In nn smaunt not to oxceed the mextmum emount e lender fer a .
<br /> ;� ' tederelly relatad martQnpo lu�n may roqulro Tor Borrowar's nscraiv nccnunt under the tederal Real Estute Settletnent Procedures
<br /> � Act of 1874 ao amtmdfld hom llme to Ume, 12 U.S.C,�2ED1 �t �oq. ('RESPA'), unleso Another law that applies ta the Funds '•���'i�
<br /> • . sets a leaso; amaunt, If ao, Lendor may, at any timo, aaf:aat nnd hol�l Gunds In sn amount not to exceed the lesser amount. � ,• .
<br /> _5�Y:�:'.�;� ' ti Lendor may estlmwto tho amount at Funds dur. on the basla af currant dnta ttnd reaoonable estimates o} expendiNres o}(udure �
<br /> --•!n,�4;.; `' '�,, Eecrow Items ar othanvisn In eccordnnco with nppUcable lnvr. •
<br /> Yha I�unda ahafl tro haid(n a�� Institulion whose d�s�si:�Aro tn:sured by n tederal nflen.ry,Instn+ment�llry,or entity pncluding �°""'�' �-y
<br /> - 'i �':vt,�1t;>?,�� Lender, 8 Londex is suah an InatitutianJ or ln any Fedarnl Momo Lonn Bank. Lender ahail npply the Funda to pey tha Escrow ••�„�+�ww �`-L
<br /> .^:;,,,•. .
<br /> - `��"%� `'?``•��4 Items. Lender may not ohnrpa Borrower tor holding and nppt�np thn Funds, annuaNy enayzing the escrow nccount,or veriying ;.Nr r.� :'°'
<br /> � � ' the Escrow It�ms, unluso londar puys Borrower intoroat on thv Funds end applicable la�v pem�its Lender to make sucK e � �
<br /> �• . „ ch�rge. H�wm+nr, Londur may roquire Bonotivor to pay fl anatlma charga for en independrmt real estete tax reporting servlce
<br /> - used by l.cnclar !� connoc:ton �:lth !h!e !^s.^. �!��*aQ �PA1�n�blo Inw provldea otherwlae. Unlesa an ngreement is made or ��i'�;�'��=
<br /> Lp •
<br /> • applicable lanv rr�qu{rrtfl Intoro�t to ho paid, Londor et�sil not tro rn ulrod to a 8onower en Interest or eemin s on tho Funds. �>" • ,_.
<br /> � 9 P Y Y 9 :: g�,�c�:-
<br /> Borrower end 6ond�m m�y epreo In wrftinp, howova, thnt tntarost shall be paid on the Funds. Lender shall gtve to Bortower, '�,�—�„d
<br /> ,,;�`;. wHhout ch�rpe, nn enm�nl ncaountlnfl o} the Funds, s�iar�inp atodllo and de6lto to the Fund� and lhe purpoeo tor whlch oach . `,���
<br /> �t deblt tn the Fundti wno mada. Tha Funds are pledgod eo ndtitlionel eocurity lor ell e�ums eeaured by the 3ecurtty Instrument.
<br /> �� If tho Funde hMd by Lender exaoed tlie smounte pnrmfttad to bo IiNd by applirabto I��r, Lmder ehaN accuunt to Borrowa ..�"� �
<br /> tor the excess FunAo In eacordance with the requkamanlc ot Appllcable law. If the �mount of the�unda held by Lendar ot �ny
<br /> � „ ,ti time la not euMelent tu pny tha Eacrow ftems when dtin. l.ondor may ao notity Donower In wrKing,end, In aueh uae Borrowae �
<br /> �� • �h:'� p:y!a l�sd�!!�Q sme:nt �er_.nR.n�y to make ua iho dnflclancY. 8orrower ah�il m�ke up the deilclency in no moro th�n �;
<br /> ,,,yt tweN�monthy paymnnto,at Lender'e eole discrotion. "'.''a
<br /> • , .. Upon pnymont In tull ot di suma aecurod by thla 9flourity Instrument, Lendx �hell prompty r9tund to 8orrower eny Funde � •
<br /> " held by Lendur, If,undor parngreph 21. Londor chxll ao�ulro or aoll tho Property. Lender,pdor to lhe ecquisitlon or eale of tho : '`�;�.
<br /> �"� Proporty, nfinll eppry any Funds hold by Londor nt tl�o tl,mo o! acquisitlon or sele as e credit agelnst the sums secured by this j ��il•.r•;
<br /> . 3acurity Inertnimnnt. "
<br /> . ' 3. AptD1IQ84DOn of Payments. Unloss flp�+!ioabfo Inw provldos othcnviae, ell payments recelved by LendRr under �.*�.�
<br /> , , peragrrphn 1 and 2 shnll 6e nppilad: flret,to any ptopnymont chergos due under the Note; second,to emounts payabie under . N.:
<br /> � � parngroph 2;thlyd, to Inlweat due;tourth,to prinGpr�l duo;nnd last,to any lato cherges due under tht�Note. . _L .,,• ,-
<br /> • . 4. Cltttt'g4A; i.l�ne. 8orrower ahall psy nL tnxos, ussasaments, charpea, itnes and irnposkions atRributable to the Y.' ;
<br /> . Property whiah mAy ettaln p►tority over thls 3ocurity Instrumont, nnd Icesohotd peyments or gmund rente, M eny. Borrower shatl �
<br /> � �ey thpso obll�etinno In tho manner provldmd In pnrogmpti 2, or If not peld In that mrmner, Borrower ahall pay them en time ;'�' '
<br /> � di�ACttt�� tn tha potaan owud payment. Bortower shnH prompty tumish to LEnder a� notices of amounts to be peid under thls �
<br /> _ . pnrnpmph, fl BaROwor mnkos those paymants diooty, Borrower ehell promplly tumish to Lender receipts evldencing the �__4
<br /> . paymes►to. ��
<br /> Bqrmw�r siit�fl promptty discharga eny li�i wh!oh tina priodty over thls Sacurity Instrument unloas Horrov�er (a) agrees in ��'�;
<br /> � • • - writing to tho pAymont of tho obtlpatlon socu�od by lho Con in a mannor accevtnblo to Lender, (b) conteffis in good taith the (�;•�:w•
<br /> Ik,n by, or defundn aguinot entorcement of thv I:tin In, lopal proceedinps which In the Lender's opinlon operate to prevent the :', ,`'�'��'�''" -
<br /> � n �ad•�•,,:�r
<br />- � entoraement ot tho It�n; or (c) securea irom tho ho:dor of tho Iien nn c►greement setlslnctory to Lender eubordlnaUng the Ilen to } r� � '
<br /> '��'� this 9ecurfty Inottumont. It Lender datertntnos thnt eny part o1 tho Property Is subJect to a Ilen whlch may attain pdorlty over ihis ` .: .�.--,'.
<br /> �
<br /> � • ortowor n notico Ident n the Ilen.Borrower ahell satlsty the Ilen or taka ono or morn ot � 1.�`��1.' 1 ��� .
<br /> � , 3ecurity Inotrument,Londur may glve B �►Y� 9 �
<br /> :.:�'::�:,.,�.. .
<br /> � the aatfonn sot forth abovo wRhin 10 dAys of tho flNfng o1 notice. , • •.w'� :
<br /> ` .� '�`' &. Httxard ar Property Ineurana[+. Borrowa shall keep the Improvements now exlsting or hereaftor erected on tho �
<br /> ,�r Property Inourod ngainot lo3a by firo, hazards I�o}udad �vtthln the te►m 'extended coverege' and any other heurda, induding
<br /> ��' 1 l o o d c o r 1 l a o d i n g,f o r w h l a h L e n d e r re q u l r o s i n s u mnco. 7Tils inaumnce ehall be malntulnod In the amounts and 1or the�erlods " . ' _;.,,�r.
<br /> fn a
<br /> that Lender roqukos. Tho Insumnce cartter ptoviding iho Insurance shall bo chosen by E�ortowor s�bJect to Lendor's eppeoval •
<br /> ' � � which shall not be unroaaonnbly wfthheld. 11 Borrotiver tnil�to mafntaln coverage desc�fbed above, Londer may, at Lender's
<br /> option,obtain covwnfle to protoct Londe►'s ri�hts In tha Properly tn accordanco with paragrnph 7. .,
<br /> All Inaurnnao potleios and renewnls shall bo accaptablo to Lnnder nnd ahell Include e atanderd mortgago clause. Lender �
<br /> �� shall have tha►Iffht to holJ tho policios end renew�ls. Ii Londer requiros,Borrower shall promptly givo ta Lender uil receipts of
<br /> pald premluma and ronawul noticos. In tho ovent of loso,Borrowor shall gNO prompt notice to tho insurance car�er end Lender.
<br /> � ` Lender mey m�l:o proo}ot las3 if not modo prompty by Botrowor. �
<br /> e
<br /> , � Unless Londur and Borrower othm+lso ngroe In nrrNtnp, Insurnnce proco�ds shell be epplled to restoratlon or repalr of the I
<br /> Property durnapud,ii tha rostoration or repalr Is oconom:caly feasiblo and Londer's socudry is not lessened.If tho restorntion or
<br /> repalr la not eoonamtaAly toealble or Loncla's socudty tivould be lossened,tho Inourance procoeds ehell be epplled to the aums � .
<br /> •�'F secured by this Security Inntrument, whvther or not thon dua, with any oxcosa pald to Borcower. II Borrower abandons the i
<br /> • a� PropcYty, or does not anewer within 30 days e notica lrom Lendor thet th� ineurnnce cnrtler hae ottered to settle a cialm, then
<br /> ; '-,;..T� Lender m�y oolloct the Inaurence proceeds. Londer m�y uso the proceeda to repAlr or restore tNe Propedy or to pay sums .
<br /> aecured by this Securiry Instrument, whether or not than duo. The�0•dey peiiod will begin when the notice Is given. j
<br /> � ; Uriess Lender nnd 8orrower othe�wise egroa In writinp, any epplicetlon o1 proceeda to principal ohall not extend or �
<br /> ' , '� postpone the dua date ot the monthy paymente rotorrod to In peragrephs 1 end 2 or r,hango the amnunt of the paymente. It ,.
<br /> ---- � - - - . _. .. .. ' '' "_...__.. �.. �_.l� 0��...u�.'� .t..M�.. e..o 4.«..y..n.nnW.Iac nnd nrnra�lf raRUltlnO lram I..__'—_—_. .
<br /> • ,:_;„,�,,.�-�_� unaer peregrnpn z� me nopmry ia avyvaev vr �o��vv,� ....�.....a... ..y....,. ....� ...'-•-•� r---�-- -•- �•------ .. ��---------
<br /> _ damage to the I'roporry prlor to thu acqulsltlon shnll pn�a to Lender to tho oxtent ot tho suma by thls Security Instrument �
<br />- �� _. . Immediatety pdor ta thu acsqulclUon. ' _
<br /> � ` ` ~ 6. Occu�sancy, Preoerv�tion, Malntonunco and Protectlon of the ProPertyr; Borrower's Loan �
<br />�� Applleatimtt; LeUl381to1d�. Borto�ner shall occupy, oatablish, nnd uso tha Property us Bartower's prfncipal resldence within �
<br /> �°�� % slxty daya 4ftar thn oxanuqon o( this Security Instrumont and shail cominuo to occupy tho Propr•rty as Bortower's pdnci�al �
<br /> - icaiucnea iv� ai ianui unn year efter thv dAto ot occupanoy, unlasa Lender c!�e^�a=: �;,::__ !- ;•;:�'r.;, •r:"!:!: �c^:^r.: °�'°.11 �nt
<br />��,•,:;:;'.,„ ��• be unreasonably withhoid, or unless extenuatfng circurnstnncas oxist whlch aro beyond F3orrower's control. B ortower shali not
<br />- , destroy, demago or impnir tho Properry, allow the propzrty to dete�lorato, or commit waate on the Property. Borrower ahali be In
<br />= i default I}eny tor(olturo antlon or procooding, whother c�'vil or crin�fnal, Is begun that In Lender's good fafth Judgment couid result
<br /> • In forfeNuru o}tho Property or oth�nvfse meterlally Impair tho Ilen created by thls Sacurity Instrument or Lender's sacurity interost.
<br /> v::i'; :. . p"'
<br /> �� �� F�310.LM0 (10194) Pcpa 2 01 5
<br /> ,��
<br />� 95015
<br />
|