|
_� � � .�,�z:,��i��s��e�v�e y� ,.`�-�_ — -..
<br /> —— ----- -- -- ..r,.,..,._.s_.�..,.�,__�__
<br /> ..J. _U�Y1i4�{"aBdTi�tii^- ._�.6iiC�.�.�.Ii'�..wf.�.�.,�:� ,...��y� . . � .. - i:�a•�..zusvsi�rocv:ncs:rzv ..�,-���-�.�- -.
<br /> __ .. .. __»___'__..___ Y'WlVKa' • ur.��..V _.
<br /> ��_.�....��_ _ . �...�n.�r.......�..._....�� . __.__ _ �._.....�__. - - ___—� �� ___._ _'- _.'_- ___ _ _--.--__.
<br /> .-� - - .������. `�nR.11fYl� _.._,_—.__ � -"=_.. ____
<br /> - -•--�r--c•-• . . . f@.IEL.$Sf�Y�__ _ .-....--�....�4•OIS � _�_,.�_.'�d�t��eo�.�iwwl�.n....+.�.K —_ —� -__. .
<br /> .c ` __ .r.:_ -
<br /> ._ •l'(1�i[:TNI:R V1'l1'�1 ull thG im rovemcmm�ow ar hertaftcr crectat on the propertp. +�ticl�l�a enx�C`a�te►ulscex:arxi � ,--
<br /> r
<br /> fixtaren now nr I�ercaR�� �i parl of (he prctpCriy. All replucements und ��ldltiunv �hu l i :�tsa b e cove:e d by �h f s S a:u r l t y
<br /> I,istrument. A!1 ot the toregoing is reFecral tu in this Security Inctrument us the"Praptny�" --
<br /> fiUltROWLR COV!?NANTS thut fiorro�ver is lawfully�ised of the esAHte h�rc�y�onveyed and hus thc right to grant anat
<br /> convoy i.he t�ropeity and that the Yroperty is unem:um{�era}. �rlcjiL fJi uKU�uL,«�:�:.:.:,nt r:.corcl.�nrrQe(cr �varrants r��Kl will - -
<br /> defeixl generally the title ta the Propeny uguinst aU claints aixl demands.subjict ta any encumE�runces ef record.
<br /> THI3 SF_CIJRITY If�STRUMENT combines unifurn�covenants fur nattonal uso atid non-unlfonn covenants with limi4ed
<br />— variati�ns by jurisdiction to constitute a u�iform secudty instrument covering real property,
<br /> UtdiFORM COVENANTS. Borrower ar�d Lcrder covenant and u�rec us fnllows:
<br /> _ 1. Payment af Princ6pwi and Interest; Prepayment and I,Ate Charges. Borrower shall prampdy pay whcn duc tlic
<br /> ° principHl of mtd fnterest on the debt evidcnccd by the Note unJ u►iy prcpaymcnt and late charges due uuder the Note. `—
<br /> 2. Fl�mis for Taxes and Ins�rance. Subject to applicable law or to A written waiver by [..endep. Borrower shall pay to
<br /> I.endcr or�the day monthiy payments arc due under the Note, until the Notc is paid in full,a sum("Funds")for:(a)yearly taxcc
<br /> and:�sscssme[�ts which mny�ttain priority over this Sccurity Instrument cu a licn on thv Property; @)ycarly leasehald paynients
<br />— or ground r�nts on thc Property, if any;(c)ycarly hu-tanl or pmperty insurancc premiums;(d)ycurly flood insurance premiums,
<br /> if nny; (c)yc.zrly mortgagc insurunce premiums. if any; and (�any sums payable by Barrower to Y.ender, in acsorJ�tnce with
<br /> _ the provisions of parafirapn 8,in lieu of the pay�nent of mortgaEe insurance premiums.These yterns Are called"Escrow Itenis."
<br /> Lender n�ay, at any time, collect nnd hold Funds in an amaunt uot to cxceed the n�axi►num umount a lcndcr fur u ie�le�ally
<br /> � relateci mort�age tux�i way iu�u;re f�r Garrower's escro�:sceount uttcter ths£et3ete! Re�!Estt�tc Sct�lement Ptoceduces Act of r_
<br /> - 1974 as amendcA frem timc to time. 1). U.S.C. Sec�in;� 2641 ct seq. ("RESPA"),unless nnother lew that applies to thc Funds _
<br /> sets a Iesser arnount. If so, Lender may. ut any time, collect and hold Eunds in an nmount not to exceed the lesser amaunt. -
<br /> ;,—. Lender may estimate the am�unt of Funds due on the basis of current duta und masanable estimates of expenditures of futurc
<br /> � Escro�v Items or otherwise in nccordance with applicable Inw.
<br /> -- The Funds shall bc 4��.1d in un institutiun whosc dcposits arc insurcd by a fed�ernl age►►cy. instrumentality, or cntity `_ __
<br /> � (including I.ender, if l.ender is such an institution)or in any Federal Home Loan Bunk. Lender shnll apply the Funds to pay the _
<br />,„ Escrow Items. Lender may not chaxge Borro�ver for holding and applying the Funds,unnunlly anulyzing the escrow accoun!,or —
<br /> _ verifying the Escro�v[cems, unless I.ender pays Borrower interest on the Funds and applicable law permnts Lender to make such
<br />:?� a churge.Howcver,Lender may n;yuirc Borrower to pay a one-time charge for an independent real est�►tc tax reporting service
<br /> a used by Gender in connection with this loan. unless applieable law provides otnenvise. linless un agrcxt�ic�ii �s ra�e �r =
<br />� applicable!aw requires inzerest to be paid.Lcndcr sfilq not be required to pay Borrawer any interesl or earnings un the Funds. ;;,;;
<br /> Borrower and Lendcr may ngree in writing, however, that interest shall be paid an the Funds. Lender shall givc to Horrower, i��"'
<br />,<� without char�e,an annual accountin�of the Funds, showins credits und debits to the Funds and the purpose for which e:uh �-
<br /> f deblt to the Funds was made.Tlie Funds are pledged as additional security for all sums secured by this Security Inctrument.
<br /> ;� If the Funds held by Lender exceeci d�e�i�ounts permitted to be hGld by agplicable Inw. L,ender shall account to'8orrower
<br />._� for the exccss Funds in accordance with thc requirements of applicable law. lf the amount of die Funds hcld by Lender at any
<br /> time is not sufficient to pay the Escrow Items when due, Lender may so notify Bon•owcr in writin6, and,in such casc Borrower ��=
<br />-.� shall pay to[.ender the amount necessary to mzke up the deficienc�•. Borcower shall nwke up the deficicncy in no more thnn � -�
<br />_�� twelve monthly payments,at Lender's sole discretion.
<br /> -� Upon payment in full of aU sums secured by this Security Instrumcnt, l.ender shall pron�ptly refund to Borcower m�y �,ti�
<br /> r Funds held by i.ender. If, under paragraph 21. Lencler shull ucquire or scll die Propeny, Lender,prior ta the acquisition or snle -`-�
<br />.�� ,_.
<br /> -� of the Property,shaU apply any fiunds held by Lender a[the.time nf acquisitiun or sale as a credit against the sums sc:cured by �..�
<br /> ,
<br /> this Security Instrument.
<br />-;� 3. Appl�cution of Puyments.Unless npplicable law provides otherwise,all payments received by Lender under paragraphs "� '•;
<br /> 1 and 2 shall bc applied: ftrst, to any prepayment charges due undcr the Notc: second, to mt►ounts payablc under paragraph 2; '.k:
<br /> third, to interest due; fourth,to principal due; and last,to any late charges duc under the Notc. '�..
<br />�', 4. Char�es; Liens. Borrowcr shall pay all taxes,ussessments,charges, Cines and impvsitions attributablc to the Property ;
<br />'"-:� which may attain prioriry over this Security Instrumcnt, and leaschold pi�yments or ground rents, if any. Borrowrr shall pay �
<br /> these obligations in the manncr providcd in paragraph 2, ur if not paid in that manner,Borrower shall pay them on time directly
<br /> �� to the person owed puyment.Borrower shaU promptly furnish to L.ender aU natices oF amounts ta be paid under this paragraph.
<br />___ If Borrower malces these payments directly,Borrower shall promptly furnish to Lender re;ceipts evid�ncing the payments.
<br /> �,� Borrower shall pramptly discharge uny lien which has priority over this Security Instrument unless Borrower: (a)agrc:es in
<br />�-'i writing ro the payment of the obligation sccurui by the lien in u manner acceptuble to L.ender: (b)contests in goocl faith the lien
<br /> `�_� by, or defencls against enforcement of the lien in, Icgal proceedings �vhich in the Lcnder's opinion operate to prevent the
<br />-=.�j enfurcement of the lien;or (c) secures from thc holder of the licn an agreement satisfuctory to Lender subordinating thc licn to
<br />-= this Securiry Instrument. lf Lcndcr dctermines that any part of the Property is subject to a lien �vhich may attain priorit�� ovcr
<br />'r� this Sccurity Instrument, L,ender may give Borrowcr a notice idcntifying the lien.Borrowcr shall satisfy the lien or take onc or
<br />':,—� more af the xctions set fonh above within l0 days ot'thc giving of noticc.
<br />'"] Form 3028 �J/90
<br /> l
<br /> _','� v000 s o�a
<br /> '.�
<br />��r"� �.. ..
<br />.:.'. � ___.'_—_.�- .;
<br /> ��.-�..�...r. _'^ _.*�-�.--__ _,r—..�-�:�m-,,-F°=-i.-fc�c:�-::.R�-,,r�.►:i,�.�r�ti..�..—:.�.-.:'�"'_'_^' ;_'—__'_" , �
<br /> • „ , � ,
<br /> . , ° � . ,. „
<br /> ' �� , . .,. .. �
<br /> „ • , ., , �. .
<br /> . .. ..
<br /> ,. . . ,
<br />- ,� o ,� , .. ,. ' � .. . .; . �'����;. .
<br /> - , c'tl; +.: .t^��r.•,. �� . .
<br /> ��.. .. . .+ . ' ,. , ' ,
<br /> , ..
<br /> ,
<br /> ., .
<br /> �
<br />
|