|
?'a-• ` � � ' . � x• - . +��`:` < . . - - �- '�- `4.� __ _ . . .- . . . _.-
<br /> `- � , .v„ ' � ' � _i� � � t�, � _~ . . _ • - ..c`. .4, •4p- '<. ,
<br /> �f: ' . •• `;� '� ;. _ ' ! . . . . r .
<br /> .4� - � � [� t�� ... . ���f � . �R! ' . -f t � .� .' f f, �� .
<br /> u_. �:\ ' . , i '`n' - . o. . �-.� . .- '_ .r � , r. " .r` '�, t`-i . •.. _ .
<br /> � § r� ' � . r� t �... � �{,� .
<br /> _ S •. � �` `.. ` _ .i�' , �T' • � _ ' \�..����_`� ' . 4 '
<br /> a -�" �' ��..� u .. c . \ . . . .�: . � `(S 4 .4 41 ' _ }` —
<br /> yf-��.C.�b, ��` ao . . � . �. �'+t . f •, .� ,. ` , . . '.` • e. . �i, `` r.�� N t-< � .
<br /> ` d. 4 . ' - 1����� •-.S�Ur..t�• `1 o-_" L a 4 "`C�:i - t --"
<br /> - T.L* 4. � .. . �. - L�� ..
<br /> s 3-waj�, ., t . .
<br /> - ati - � , � ,
<br /> _ i-7.`.- z . . . � � - f. -. �ft ...
<br /> ^�`;��C�`�. '; . , . ��`. .-.Q(� . .
<br /> � ��y �'� .0. � ` . ` . � � , `
<br /> . .� -. ' ( ���� � � ` -
<br /> t `
<br /> �s�����. � 'I�Et�€t tul'1'H all tRe improvements n�w or he�er e�ecrcd oa the PaopertY`.nnd all e�b",'�es. r.'1 `'
<br /> ;:�'����� aad fixtures now nr her�aa¢ter u Qart of t�e Qmparty. E011 reglaeements ead�.d�itians shull a�so 6e covere��y this�surety . � t ,-.�
<br /> --t-_L .� ter
<br /> �'r � �' �Insuum�nt Ail of th.,fo �n i��to in this Secarity l►astmment as the°Frag°..rty" , - � �• —
<br /> .��,. . e � �• .
<br />�*"`�;�'�`; l ���:" . 80RROtVER COVENAN't5 t6at Bnreower�s lawfiilly seised ai the estate h�eDy csomrtyed and has the�;h 1 to grani £.,. ,�• ` . _
<br /> 0
<br /> aad coacey the Pm arcd that the FmpertY is uaencumhereQ.except for er.aambiaases of reconl. Bntrower aarr,iaLs and • --
<br /> . � �`- � . E�11 Ctauns�c2 d�.su�}�t tQ2uy enrLlt�L_oec Qf ceCOrd.. - -
<br /> - ;�•.` wil3 defaid genaat�tide to the FmpertY s��ns .11
<br /> _
<br /> - � TfIIS SECLTRSTY INSTRUME�37'a�misiaes tmifoffi wvenanss for m.�onal uss an�non-unifoms co�renants cvith ,� _
<br />�'��'� ���-� limited vari3uans by jmisdiaioa t�coastitute a rmiform seavziry instmment s�v�iag z�►t ProPertl+- • ' .�-s-=.- .' -
<br /> �� �g':� jm , . .
<br />�,.� �ORM COVENANlS. Bano�ver aad Lender covenant�ad agree as foitmvs� � , ,
<br /> _`.�' � , L Payat�st at geInc�pa9 Bnd Iat,e�s�PrgDaYmcnt aad Late Ch�.� Banrower shali FmmPtly FaY aiien due the ,-' �f�..j. 1Y
<br /> . , f., ,`` � _ pTincepa.Tof and�e�St osthe�gbrevidemcedi isY iu�i+ti,i.a aud sr,s t�sr"�'i��t��e�a.'���tL�e__ r---.- _
<br /> �.,_�1,� -.�,�+ _ � L Ft�ds Pur'I�ses aa�d�s^�+*�++�.Subjett tfl applicable iaw ar to a wriit�nwuivaby I.eader.Eoaawer shalt pa}r eo � _ �,x,�`.�,.. '�--
<br /> :��:;.�i�;x��•:' i.ender an the day montblY Falim�nts are due ander the Note.ttnn7 the l�iote is paid'm fuil.a sum t"�.�adg'�for.(a)yeaaIF . �___Y.--�=__-�-_.�
<br /> ,rr:�: f�--•-�.;� � ta�es and assessmenr�whic6 may aitain pr'sority.over.this Sec�uity Insw�xnt ss a lien on the I�np�erty:(D3 YearIy IeaSehnld , �.,���,����-
<br /> ^_�--;�-` z �' '�` ' ar und z+ents on the Pmgetty, if any:(c)Year1Y 6a��d or�property insuiaace piemi�s; td}Y�Y A� --—
<br /> fn'���
<br /> ���:;�� F> . Pa�n� gi° if e ea8 mort e insaianoe ptemiams.if aa�,aad(�aa}r sams paya6'e by Bormwes ta f =�-_. ��-.-
<br /> � iastuaztce premuuAs. aoY:( }Y y S�S • �" �� . , -
<br /> �r.S��r��=�; ° I.ender.in accordanoe aith t�e provisions bf paragcaph S.in li�of t6e gay�ent of mort�age i���,me g�'emiuims. These _ _
<br />- ° •�`.,. �:, et�ms are called"Fscrow Items." I�aader may.at aay tim�callect aad 6.old Fauds in an amount aat to exceed the maximum �—
<br /> •`�',-,�:.'�.. . - -
<br /> �=. �r�fa�'T.�r';: . a�nunt a I?ader for a fede�ally tetated ma�t.gage toan may teq�[e fos Bmmvrer's escmw a�caunt uadet the federat Rea?i ��__-
<br /> ��.�.:.�_:._= Estaze Seutement Proceda¢es Act of 1974 as ameuded firom mne w t�12 U.S.C.$2601 etaeq.("RFSpA°}.�ss aae*.�
<br /> �—��-.—=,� 2aw tbat a�piies to the'�ds seis a tc�ser�ocari. iC ao.I.�n�c r�,ay.�aa�ii�.coII.:.,s auu�ha.a' F�.s in���t not to _ . .- ��--. - -
<br /> �_�.:� �S
<br />- j�.;.°s �`;'�•;,,,:;�` exceed the tesser�aouni. I.end�r may�snmarc the amount of Fua�s due on tiie basis o£cmieut data aIId rea�rnabfe , . :,�-
<br /> ` .`; `.4.., . estimaYes of expendiwres Of futurz�gciow Items or otherwise in accondance witb applica6le ta�. - __ -
<br /> '::�i.'r'_.'.._• �;', �[�men atin,,OI 2flttiJ� . _.._._
<br /> �., .,�, ..; �,:•r�:.�: 'R�e Fuads sball he hel@ in au'instiwtioa whose deposits aze i n s u r e d by a federal agericY. ' ---
<br /> - t-'�• � " {iacIud�g Lende,r,if 1:.�der is snch an institu�an)or in a�+Fedeial Hume Loau H�k. Leader shall apply the Fauds to pay =
<br /> . :;..
<br /> .'.`.;. . .'t� � the Esccow Items. L.eri d�r may not c haige Soirower for ho l d i n g a n d a p p l y i r a g t h e�F i m d g,a a n u a l l y a n a j y z w g the esccaw —
<br /> ..� l , _ ��� ,� aoconnt,or verifying"f�e Escrow Ite�s.untess Lender pays Bmrmve:interESt on ti�Fimds and a�pSica�L.1a�p�' _ �. _
<br /> � Lender to make suc�a charge. However,l.euder may cequice Borrowea to pay a ane-time cbarge far�n iadependetit teal
<br /> . � c�i����o,::r�g s�r�i��t�'j��is�°'L�:c lnan,�n�ss auglicable 1a�u gmvzd:�ai�:st�ise._LF�1�an- - — _
<br /> �' %r . ` '.•, , agreeme�is made o�afs(slicable law reqaues im�t to 6e paid,Lender shall"ttot be reqniied ta pay 6aaovrer aay iUtetest or . __.
<br /> Ugf> •': }•�:',s °� . eamings on the Fimd:� I�ornuwer aad l.euderrijap''�in wriung,@oNevCr`t tlii�t interest s�aal!be paid on the Fimds. lxader _
<br /> t
<br /> �'��:.. ';:-`'f� ,-f shall give to Batraweg,:tt+it�out ct�rge,aa am�ii�rr�cauntino of the Firads.�Iti�g credits aud debits to tLe�imds aad the "--;_
<br /> ,r,r �.:-
<br /> t� as additionai see�uity for all s�ms sec¢red by
<br /> �;�_hy,� puupose for whicta e�debii tfl Qt+�Fmds was�ade. The Funds are p2� -
<br /> �� ,,iy� � . .
<br /> ,�:.�,.I ��.r����s�,� �� ' � ��ads helc�bY Lend'er+�cceed the amounts penaittr�ro he held 6y appiicable taw.Leader sl�al,�accauat�to _
<br /> ,'' . " '� Borrowei for the e�Funds m acca�dance Mth the�of appucabie ia�v. If the amnunt of the�1te�d bY �:
<br /> - :�` .:::`•.�.������- �• Leader at any time,ia%au�suScient to pay the Fsc�w Items when due.Letrder may so nafsfy Borrower in writiag,asd.i�s _ �=`
<br /> `j r;:. ; such case Borrower�sqLd.pay to Lender the amount necessary to rn�ce-u�th�de�ciencY. Borrower shaII make up tI�. .. , , '^
<br /> � deficiency in no marie ti�an twel�e aionthIy payments.at Leader'.s sole disaetfuQ. � ...
<br />- J_;.:..:.::.. ::,. ,� :. Upon payment in fuU of all s�s secured by this Sec.uyity Tii_tmm�ent,Lender shall pmmptty iefund to Bormwec mjy ;;.
<br /> _ '' Funds held by Leud�x. If.under pazagraph 21.l.ender shall acquiie or sell the Property.Leader.pscar to the a¢qu;'�ie cr .i�i
<br /> �:. � �x
<br /> ::'' .��� � -•�•,`'� � •� sale of tlze ,�t�l�appfy any Funds hefd ts}!Lender a3�tce tim�,af acquisitioa or sale as a credit agains!the smns
<br /> ' Pmpe?tY... -
<br /> r:� . � •+' ' . seciaedby tbis Secuinty Instrament ' � � w-
<br /> 1:�� '�.;:% .•. '-: 3 App1€cation of P�yment4. Un2ess�pplti�ble!aw provides atiternri.�.�,all p8yments received bp I�nder�er �''!
<br />��� ��``;;• paiagia�hs i and 2 shall be applied:firs�to any pmpayment d�ges dne ur.3�c the Note;�ernnd.to a�naunts payable uader ��
<br /> .f.l Y ,�
<br /> �.,'� • ��}� paraQtppb 2,third.to interest dur,iouath.to priaciyal dac:and la.tit;on an}r laze charges du�un�fer the Nate. �^_
<br />- a:�:'K..-��".��.��..�•. 4:' C6ar�es• Idens. Barrower shall pay atl taxes,uy�_rments.charges. fiaes and im�ositions attribu4lDte tn tlte �_.._�
<br /> t.' .. .�;.'::'. . "'��' property which mzl►.attain priority ovet this Secunty Instrument.aad Ieastfiotd payments ar groand rents.if aay. Bmivwer .:_A`__ _`.
<br /> p���9::.-_—_
<br />-' '. ... . ' s6aU pay these abll�.tttions in the manner pmvi�fed ia ParagraPh 2.ar if nnt paid in that manaer.Borrower shalI pay them on _,,•�r�t�;�,s4-�;�=-
<br />-yi�:.. .. : �� " time direcdy to thG�pr.�son owed payment Boirower shall promp8y fusnish to Lender atl notices of amot�nts to 6e pazd�der .. • ;�.-
<br /> � � �P�S�Ph. If C�arrower maYes these payments direcdy.Bmrcower shall pro�tly fumish to Lender receipts evidencing �`. . `-ri. r. •�►..
<br /> :.�� ., , ",����.
<br /> , i� the Qayments. r .�f�!�.:-�;-�:
<br />:'� �; - . �, Borrower sha1L qrompdy dischargt any liea whicb has priority over this�Securiry Insttument unless Brnmwer.(a)rgrees .'E���-�W.
<br /> ': ' �'"_*it
<br />_ .:�,e.•.'; . . . . :j in vrriting to the p�yinenR of the obtigarion secured by the Gen�n a manner acc�ptahte to Lendes.(b)contesu ia gaod faitlt the ��,:,--,,_;�..:
<br /> . � ti
<br /> '' -.� ,�:. ,� lien by,or defeads.a�ainst enforcement of the lir�in,tegai proceedings�v,iricl�in the Lender's opinion oF�te to pcevent the . ': -.��-,�.`: .
<br />�� :::��'�,�•'- -a ��: enfo�em�nt of the lien:or(c)s�es from the tialder of the Gea an a ment satisf�cto to Leader sutr4rdinating the lien . :•;,,
<br /> _ ':;,.,. ,,':•; � . to this Security Inswment If(cuc3et detera�iaes th�s any part of the P�ro erty is subjeet w a tien which may attaia pnority ._ • � '.`'
<br /> ���:�:_-.:�.;���;.:�;: ° .�
<br /> ,.,,�,,,._.. ... . ••; t . t over this Secumty InstrQmem.Leader may give Borrawer a notice identifying the lien. Borrovrer shall satisfy thc lien or tatse . . ,
<br /> _ _ ",.` . • `. •: . one or moae of the acttons set forth above within IQ days of the givino of notice. . � .
<br />_ �:�=`;;..''•'::;�.��'!� t! S. �or Property tncr,r+n.w_ Borrower shaU keep the impmveta°nts naw eusting vr Riereafter e�ecte+d oII tlte • • _
<br /> ��:.,.;;'*i.�"� �� Pto?enY i�sured against�oss by fire.hazards insLtded within tlte tetm"extesdEd rnvera�e"aad any other hazards.iacIuding . ..' ,
<br /> l "F • �nods or tIooding, for ufiich Lender requires insuraace. '�is insurance shall be maiataiued ia the amounts aad for the
<br /> i ..: � , ��:�� t ' ' �� � . �
<br /> .-4� y , t
<br /> �%�. r:=_„ ' �-�t { Fmm3a26 4l90 (page2oj'6pagesl . .
<br /> =a�-�.•7:S , .�;�.� � � � ', .
<br /> -���'•t ` , # � . . .' . . � - �
<br /> att. �
<br /> �-`�� _ ..i�- —- -- _��._.'_. - �� - _ . .
<br /> �' -, .-•r�,k�;--T —.�-r_ — , � � ' . • ' , . � � .. ' . �..._�.. . , --- -,_ _— . _
<br /> --- - - � • " � . . . .. - .. . . _. ._ ..i.. , . .. . . .. . . .. .
<br /> --- - ..� .,YMI; � . . � .. . � ' '� . �. _, � . -. . � � _ . . . � . ;� . , . .. .
<br /> 'i.�" ._ ' � . . . � . . . . . . _ • . _ . . - . . . . . . .
<br /> _ � i ^��. � . . _ , . , _ _. ' . � ' . . � • - � . . �. , . . . . . . � • . � � .
<br />- = . .. _� ' . � -. ' '. . . .��. . ' ' �' . . .. •. • r(' . - ' .. , . • .. '' • . • . - . .
<br /> _ i.. . ..�._..�.. . — -.-- ._ _ ___ .___ _— __ _— - . _ _ ___-- ..-.__- . __ _ ._ - --- . --_—.-.-_ - .
<br /> � ' � .. � , . � - ' . ' '� � � .0 .' . � � . , . . ., ' .
<br /> r
<br /> � - - ... . . . ,.. . ' , . . � - . . . . _ . . � . . . � . . ' ' . .
<br />. _ r: - ' _ . . . .. ' . • . . ,. . • . ' . _ - . . . .. -
<br /> .t .. . .. . - . _ . . . . � . . . . _ . .
<br /> 'Y: . . . ' ., . , . ' . . . _ , •_ ' . - , • -
<br />.. .. �_ . • � ' � . .. • ` ' . ., . • . � � , N . ' � � ..� .' _ .. . .' � . ., - - ' . � . , • ,' . . _I , ._
<br /> - ��
<br />
|