|
. .. . _.
<br /> � • . . ;. . • . .
<br /> 3 , ` � �i�v i , y- � ` ' � t � . �; . . . �tG - - ° 7� •: '.�. . - �ii y
<br /> `�� " ' . •— .l • �.. .� -Y? �,�,_.'�:F. . . . a .—�F � t[ '=_��=. 1 t,t L,��ic
<br /> .�4tt�sx�--� T, k Sr c-� _.� - -.f� n1., Ci'..v?.' ,.,�r—' _ _ .��_ ;�"�r�
<br /> - � c • . . .� 4 _
<br /> _ �i"� . . . . , .. ' _
<br /> �t �
<br /> _ :�����"'_'4; .. . . � . � , � . - � � � � .. � �ls.,�lr°�-u -
<br /> t� � •
<br /> '�'�tYr � � M�Y �a . ' . . . � ' ����� �����fO ' ` �.._� �.�p-�mY-. -=
<br /> �7�
<br /> -_ "* _Y.:z'_
<br /> �'i . . , . " . - _ ' - . S�, _yi�. .
<br /> _ _ . • • � ��—. eF. _.C:. -_
<br /> �i.�s a � ' ` ' - ��.e s.'� �
<br /> ,.� .�.4> �epla�ffiems and additio�.s sball also be cxive�d by�thi� Security Ia�umeni. A�t of the ` � �� -
<br /> - � y�x ,.€�iegaing is nefemed tia in this�ecurity Iasnuraent as t&e °Property'. � : � ` � �''`'�� _
<br />�.,., � � _ , . � � -
<br /> , -r��, . _ . . -, �s�f�ir- ._..
<br /> � � .��. � �URROWE� C4VENANT t�at Bairawers are lawfaljg�seised of�he es� hereby � �
<br /> : , ;t c�amreyed•aa� t� the rig6t e�,gr�nt and comre� the Proger�y and that the �erty is :"`�'��:,::��r� -
<br /> � �- � � �.nsncumbere8, e�� far e�n���� of rec�r�l. �orcaw�rs. warrant and w�l defeAd
<br /> f� � a-;�
<br /> - `�'"-�� �rally ih�dtle,ttt the P�ug�rty a�.�3..claians aud demands,subg�ct��try�ncu��ce�-
<br /> .���•:.
<br /> .�_.��.��� � r�.��
<br /> - �..,�s`' . . . ". � --
<br /> �. �i.�'�'�. ` -�t. ����
<br /> R,;.�. _ ��` ' � "_�s:----- —
<br /> - , .. . COVEY�IAI�TS. Borra�rer�and I.ender covenant a8d agree as follows: �-°===-
<br />_ �:��"'""" , ��.
<br /> 'l�.i:�`•s_�i' � ' . . . -- — —__�
<br />- - � l. Paym�nt of Priacipal and In�rest; P�PaymeM ar�Late Charges. Borroweis shall .
<br /> ..' ��=� �uromptly pa�whea fise the principal of the debt evidenc:e�l by the Nof�and any prepaymeat ausl
<br /> -�-`--�-'��=��• �ate c,�arges due under the Note. --
<br /> - °�:��.�;. �.� � 2. Funds for Taaes and insurance. All real estate taxes and inswance shall be paid by , :
<br />_ �{ F .:: :' ' 8a�wers wt�en due. . �
<br /> - :ti .
<br /> _ - , �' ,. . 3. Charges. Llens. Bomowers shall pay alt taxes, assessments, chs�rges, fin�s, and�
<br /> � ,�=: - -. . . � ia�go�itions attnbe�tabte w tDie Froperiy which ma�auain priority over this Security I�ent,
<br /> , ;�.
<br /> :;:--_�._ ._ ��_�. a�n�leasehcld paymem�or ground rents, if any. Borrawers shall pay these obligarions in the -
<br /> �- . ;� m�er providesl in garagraPh 2, or if not paid in tbat manner, Bamawers shail pay them on = -�- -�
<br /> =��`� fim�directly to-the petson owed payment. Barrower�shall promgtiy fiu�uah w Le�der ali -
<br /> .�..:. .� .
<br /> _.f�� �a�imas of amounts W be paid under this par�grapb. If Borrowers make these paymems direaly,
<br /> ..f �x: —
<br /> _- .:1j . :�� 8�owers shall prompdy furrtish w Lender receipts evidencing the paymenta. . ----_�-=�
<br /> % , _
<br /> r,� "� � � • � -
<br /> ��,:� � , �� ...` Borrowers shall promptly disch�e any tien which has priority over this ��curity ---
<br /> �: : ::, .. . tn�mrument (excluding any firat deed of trust) untess Borrawers: (a) agre�in writing tt�the -
<br /> - g,�►ment of the olaligation secured by tlt�Iien in a manner acceptabte w l.ender; (b3 aoatest in �"--.�
<br /> - +-=,.;� .,�.
<br /> �.,;,-�=-�`': '"�" � ��t�d faitb the lien by,or defend against enfurcement of the liea w, legal procezdin��,'�ich in � ���*� �
<br /> j`"`="�-' � �E Lender's apition operate w prevent dae enforc�ment a`clt�iisn or farfeiture�u����gart of ��.==�
<br /> :.��r� _ , -
<br /> �' " tfi�9 Fraperty; or (c) ss;cure from the holder of the tien a�.agreement satis�.�y ¢s� Lender `rVr�;:___---
<br />-'* :�:?��- - -�-
<br /> :.>._- , s�►bardinating the lien w this Security la�trumen� If Le�der determines that any �ar�of the k:.:��=�:�—_
<br /> - � ' �►roperty�is sinbject w a lien which may�priority over this Security lnstrument,I.e��r may �=:
<br /> �a.:�,.. .. . .. ..=
<br />__ �.�.�-•..�. . give Bonowers a aotice identifying th�I��. Bomowers shall satisfy the lien or take vne or ��,^ .,�F�=
<br />:.��« � . �� ' " •� a[ypr�i�f the actions set forth above wiitfizz�t 10 da ��f the nnn of natice. • <,� = r
<br /> � y g ' � �
<br /> -- :::.�.v�-� . ��. . . _ _
<br />-� �r~-°.:,�:�. .. . �a=_�..
<br /> -��'��"" 4. Hazard��Insurance. Borrowe�sha11 keep tbe improvements anw eaisting or hereafter _ _ _
<br /> .s , Fr ,
<br /> ,,;` - ex+�cted on the Property insured against toss hy fise,hazards inctuded within the term "extended . �;4�r�
<br />-`��r:�.•,,•-•�_ � �+average"and any�ther hazQZds for which l.ender requires insurance. 7'his insurance shall be ��
<br /> ...�'. �intain e d in the amounts ar� for the per�als tiiat Lertder r e quires. The ins�rance carrier "=�r-��'=
<br />-,����III�II�:y���-'':.'* ' " /�T�VId�'�p the insurance sha1D be chos��a�iy Boncrwers subject to Lender's approval which shal� ' '��;�:
<br />��.i��!ktrSh'•..I.'sA-.... .: .�. C� "'i.� '';.
<br />�.,:�c�"$��fi,";.�; . . .. t�'J��?E UIII�l3011��ji Wtt�lt161d. � • • '' "
<br />.�,�s�' �,�',i �,� , . ,.:
<br /> �.�::: • .. ,
<br />:�5,-,;:'t-��� . � Al1 insurance policies and renewala shall be acceptable to Lender and shall ir�cd�de a •- ��.'�:�•�
<br /> scandard mo e clause. Lender sl�tt have the ri t to hold the olicies and rerE�ra��. IIff ��'�'t
<br /> �.-''_ �x�� � � p • �
<br /> ,�" ' r`r'°''-�.'"�. I:cnder requires, Borrowers shall pm�►�tly give w Lender all receipts of paid premivms and . : .
<br /> .�f,, i
<br />- �•.-..:;,F` ,.;� renewal notices. ln the event of toss, Borrowers shall give prompt notice ta the insurance
<br /> ••.:�•�;,
<br /> -�.��4;�; ;�` carrier and Lender. Lender may malce proof of loss if not made promptiy by Borrowers. � � .
<br /> _ � _ >� , .
<br /> - ' '�° :� Unless Lender and Borrowers otherwise agee in writing, insurance praceeds sha11 be , � ��.
<br /> F�'�Y��� applied to restoration or repair of the Prapercy damaged, if the reswration or repair is �
<br />� ';_ t�__ economically feasible and Lender's securisyr is not lessenesl. If the reswra�ion or repair is not _ � �°
<br /> j.s �._`;:�:� : economically feasible or Lender's security woutd be lesse�ed, tl�e insurance proceeds shall be �
<br /> =•_`�-���'�"" . applied to the sums secured by thts Se�urity Instrument, whether or n,Dt then due, witl� any . : � �
<br /> �'a�T`;'='-%:��"�' excess paid to Borrawers. lf Horroweis abandon the Pro�erty, ar does ttot answe�witi�in 30
<br /> :.�._:�.:;.��;rri�,
<br /> �=���`���� days a nntics from Lende� that the insurance caarier has offered to settle a claim,cFcen l�nder �
<br /> �':��;,.:.:--�:� rn�y,00lte.ct tfie insusan�e �eeds. Lender anay use the proceeds to c�r� �7 restore the �� � �-
<br /> _��r,:,.a��;=��.:��.` ; r $ i, _
<br />����?'� ;}�,.::: . ..
<br /> e _�k;�rs'�tiyrr?;�'� , ' .
<br />—r��L[1::[k�• y ��. , . .
<br /> �.�'.��.7 . .
<br />_ .:�:: ar�:iY . � � - � -
<br />_ _ .f'��i_'�,:':..`a.! 2 �-•------..._. .
<br />�_ - :. �
<br /> z,�._ -
<br /> _ .�. .-
<br /> �- - - -
<br /> _. ��� � ,
<br />_�:; ..
<br />
|