|
p}Yt�y��,s .B.... . . , .. ,
<br /> �'^Sa+.. .^� ,,. � rr• ' . .. ' , a• .. '
<br /> „
<br /> ., .. � • - ...
<br /> � k .. . . �. . .
<br /> . ,
<br /> , � „ .
<br /> .�^ .... ,, , ....a4`��r.�' ani�'.�lllf]VY�R11+Ar`.o.«�i1. ._ c4.:�•.. •t> ,�.. �
<br /> ,
<br /> . . . . � ._ ... !� t �n •N,wav.�76e.
<br /> . . • • ... .. _............._.A. -
<br /> ,.
<br /> � �i..:ai......__a:_�_�� , .. . .... - .' -..
<br /> � +(7n
<br /> _•�..__./_1.......'_'.............__�...._..--...�.-"...... ...
<br />. , r��N �.� . ... . . .._ � .
<br /> -;---_--� • • • TOCiE-IMER WITM ell ttle kl�l�4Yeme1lts nOw or it�fMiiN 6teaied vn l�io yiu'yai�i. 6iii'a i� www�iis�Ui� aFP4�tenenwth tlttd ---
<br /> lbctuaa now or heroattar a part ot th�prop�ty.AN npka�anw�ts and�ddNbns shaN�Iso bs covand by this S�wrfty IntWmmt. �
<br /> �• �• M ot ths torepoinp la roterted to In thlo 8eaudty tnatrum�r►t ae the'Pro�arfy.•
<br /> • BORROIN�R COYEN/WT8 thmt BoRawar ts Im�tulry seizod of tha eateto horaby convayed and ha�n thA dflht to Qrant nnd �
<br /> : aorney th� Property and that the Property Is unineumbared, oxeept tor anaumbrancea o4 �eaord. 8orrower wartaMs snd wi� �J1
<br /> . defend Q�neraNy the tld�to th�PropKty a�tnst aN ol�irn��nd demandd. sub�eot to eny�noumbrsnces of rocord. �
<br /> THIS B�CURIIY IN9IRUMENT eombkt�s unitonn oownaMS for e�Uoa�t nee tnd non�unNorm coveninte wlth Nmlted`�(
<br /> -• �" vadattone by Judedctton to con�titute s unlfom►seourtly inabument cover9np roat propay. �
<br /> UNIFORAA COV�NANTB. 8omowa md I.�tdar covenant md iyns u IoNowa:
<br /> , 1. Paym�rn of Pdneipa! snd Ir�r�s� P��paym�nt �nd L�t�ChtrQ�s.Borrower etwM prompvy pay whe�
<br /> - , � due tAe prtnctpat of and Infcrc�t on tho dcht Enrtdcne¢d by tho Noto and arryr prepsymc�nt end lsta oharpo3 due under the Note. '
<br /> ,. .. :.f. . Z. Funds tor Tinas �nd IlftuKltol.SubJ�at to�ppNoabi� I�w vr to a wdtt�n w�IvK by Under. Borrow�r sh�N pa .
<br /> • to lender an ths dry monthy payrrMnt�ue dus undsr ths Nots,umY th�Note is piid b tuN, a eum(°Funda') fo� (a) y
<br /> t�xea �nd aaeessments whieh may atqM�prlo�ly ove►thia Seoudry Inshumant aa a Nen on the Prope�iy; (b)ye�rly Ieaaeho
<br /> -�"��'� paymente or around ta�te on ths Properly,H efly; (a)yearly hmrd or pro�rty beur�noe praniuma;(�yeady Aood Nsunnce
<br /> '``•.`•apw+• DraNuma�B anY: (a)Y�Y morty��e haunnce pron�iums,B any;artd lQ anl+euma payabk by Bortower to l.ender 1�aaaordonce .
<br /> . , wtth the provlstona of panpraph e,i� Beu of the paymeM ot mortgape Incuranoe pren�ums. Theae Rans aro c�qed •Esorow
<br /> .,. ftema' Lender m�y, at a�l tlme,coNeat and hoid Funda In an amou��ot to exceed the m��dmum amount s lender tor a ,
<br /> � federay rolated matp�pe toan may rnqutro tor Barower'e eaaow auouM under the tedaai Re�l Eahte 8etttanertt Proeedurea
<br /> Act of 1874 as amanded/rom Ume to tlme,l2 U.B.C.@ 2601 et saq. (•RESPA'), unieas �nother kw that appYaa to the Funde
<br /> :��,i: eete a lesser amout�t. B eo, Lander may,at�ny dme, eo8eet�nd hotd Funda in an�moum not to exceed the leaaer amaunt.
<br /> ;_,;;:•�,<<ti�:;•ti':;�t, • � I.ender mey eatk�de the amouM of Funda due on the baais of current detn and roeaanabie eatimates of e�a�dituros o1 N1ure
<br /> ,,:::rls'r ;,.t,t}�';:;;;;, . Esctow ftema or othenvise In accordanoe witfi eppNceble law.
<br /> �;_.;.; . The funda aholl be held h an insC�iutlon whoae dopoafta ue inaured by •tedanl aQonay,inatrume�ltty.or aittly(InaWdlnp ,
<br />.`�;;. . Lenda, N lender b eueh�n InstlttAbn) or in�ny Fedenl Home Loan 6�nk. Lenda efu! appy the Funds t�pay the Eacrow ,�;
<br />�' ftema.Lender msy not ohuge Borrower tor hol�ng and applyhB the Funda, �nnualy amyting the eaorow aaoowrt,or valtyktp .
<br />,r-, • the E�crow ttems, unteas Lande► pays Bor►oNra►Inte►eat on the Fundn�nd �ppRoobls Iaw pamtts Under to rr� woh a
<br /> ,' '� charpa Howev�►. lendr may nquir� Barower to pay a onttlrtN ohar�fa�r► hd�p�nd�nt ro�l �ttah h�c npo�tinp s�vlo�
<br /> . uaed by LendK h conn�atlon with thtt Iwn, unlas �ppWoab�s I�w provida othawlu. UnNa m oQtwnwnt Is msd� or
<br /> �ppNo�W�kw nqukn int�nat b b�ptid,L.�ndK�h�N not b�nquk�d to psy 8ortown u�►hUns1 a wnlnps on th�Funds. �'a
<br /> � • • � 8ortawa►md 6�ndu rtwy�pn� b wrkk�p� howa�K� that htKat�MN M pdd ao th�Fund�. Und�r �IW pN�to Bortowu.
<br /> �' wtthout otwp�,�annwl acoounting of th�Fundt, showk�Q a�diti�nd d�bits to th� Fund�and th�paapos� ta whiah wch •
<br /> ,� d�btt to tM�unds was nMd�. Th�Fumd�a»pNd{{�d u addNbn�s�1ry tor d wms t�aund by tM B�auAly tn�tnwn�m. -
<br /> It th�i�unds hNd by L�tdu �xo�th��mamt� p«tnitt�d to b�h�ld sy�ppNo�bf�kw,L�ndK�hN aaoount to 8ortowa ��
<br /> �� ta th��ocoat Fund�h acaad�rtat wMh ths nqukwmnts o!�ppMoabte Irw. ff th��mount of th�Funds hNd by t�ndw�t�ny �:
<br /> � �c �• tk►w u not sutAoNnt to p�y th�E�orow It�u wtun dw, L�ndK nt�y oo n�tly Borrawu h wrttlnp,and.b wcA aeu Bortowa►
<br /> - eh�N pay to L�d�the emount aecesaity to meke�p the delloMnay, 9an�we►ehiN make up th� ddloimay!n no mat�than �"
<br /> „ : tw�N�monthy p�yn+�nt�.n tane«��soN abontlon.
<br /> �._-
<br /> "` Upan p�ym�nt in NN of tA surta s�mund by tAK 8�airtty Imtrum�nt,L�nd�r thN promptfy nnmd to Barower�ny Fundo —`
<br /> .. ' —_
<br /> .��' ' hdd bY UndK tf�wdK p�npr�pA 21.Nn6K ihY aaqutr�ar uM th�ProyMfy. lan6er�PAa to th�aoq�N�ltlon or�w at q�e
<br /> . ..[. ` � �g �'���� �ny Fund�hMd by Und�►at the rirN of acquiskJon or e�N u• a�dit aptlnst th�wm�s�ound by Mis
<br /> ApPlieation of Payment�. unNas applabk I�w prorwe� othMwl�, tl paym�nri ►ec�Ar«t by t:�ndcr undu
<br /> .:�•,ti, :.,. .;�. WttgePM 1�nd 2�haN M�pplled: IM. to�nY P►epalmMnt oMrq�s dw unde►tht Nota:tsaond.to�mourtts p�yabls unda
<br /> �.� p�D�Ph 2:thkd.to ht�reat due; fourth�to pthdpd due:�nd t�st�to�ny M►ts oharp�s due under 1h�Note.
<br /> ,�±,.,�°.,, 4. CharQ�s� U�ns. Borrower �ha1 pay aN t�xes� aeseaemenM ohu�a� tfnea and h�po�ldons atte�bls to the
<br /> s,z�. ,°. '•�'': whicb maY atbh pr{o►ily over thie Securily InsLument,snd leaeohotd p��or gound r�ents�M any. Barorra ah�N —
<br /> �r:�a;.....•. �P�Y
<br /> _ ��� pay thes�obNpaUons h the mmnx provided In pvagnph 2� or It not pdd h that rrwnner�Barowr sh�N pay them on Um� �,
<br /> —',•.-�-y; :� droaty to the perean owed paymant. Borrower ehd!prompUy fUmiah to Lende►d notlaea ot amounts to bs pUd unda thta _.
<br /> , _,, •n paraQaph. M Borrower mdcea theae paynnents dbeaUy, BoROwer ehal promptly tumtah to Lender �eeetpte evtdatdnp the __
<br /> ._�;',�. ::_:;�:,;:.�;� ' ��BorrowK shal ptomptly dlaehuqe any Nen whloh has prtofiry over thls Seourtty inabument uNssa BomowK: (s)aDroea In --
<br /> - - ~•� '�:' wr{Unp to the psymait of the obfigitlon seeurod by the flen in�manner acaephbb to Lender (b)oontssts In poa!t�Mh ths _
<br /> .- ` �� '�� '�•' Wen by. a detende agaM�K anto�eement of the Hm in. lagel Prooeedh8s whioh h ths Lendr'a opinbn op�nU to p�srrnt the �.. _
<br /> M°��r=�`"�'�"`•� enfo�rr�ent ot tha 11em, or(o)eacuns irom ths hotder ot ths Yen an sgeamait eatiafaatory to Lender aubordnatlnp ths Iin to ���.-
<br /> ',�<�?'•;�:• . thb 8ecurily Inatrument.H Lande► dat�es that any part of ths Property is sub�ot to a Ren whbh m�y atbh prbrKy over thts �: ..
<br /> ="g:�;;;:�:,.;: 3eouriry Insbument�I.endw may gire Bortawer a notles tdentlyhp the Nen.Borrower ehaA eatMty ths Wn or t�a on�a mon of -
<br /> _.�_k�-;?�;:. the aotlons s�t foRh�bovs wlthb 10 d�ys of the yhk�p of noUce. �
<br /> � ' 6. M�sard or Prop�Ay Inwrattw.8oroower aha�keep the h�provamente now exlaUnp a hraaRar asabd on the F: -
<br /> ,-='�";; ` Propaty Ineurod ap�hst�oas by 1lre. haards induded vWthin Ms term 'extended ooveraQe•and aury aMor hrarda. hchtdhp
<br /> :�,;����,.�, floode or floodlnp�tor whloh Lendar requiroa fnaur�nce. Thia lnsw�nae ehM be naY�tahed h the amouMs�nd br the pwbda :}-
<br /> - that Lende►roqu�ee. The inaur�noe oertbr provldinp the tnsunnce ehaq be cfioaen by Bo�rower subjeat to Lendr's�pprovai �'.�
<br /> Y� whieh al►te not be unro�eo��bly wtthhdd. It 8omower Wls to en�tntaN covengs deaotib�d abovq Lender nwy. at Lender's =^"�
<br /> s�� :.�� optlon,abt�covenpe to proieat i.andare rlphte b�the Properry M aocordmee wtth panpraph 7. �`
<br /> A1 ineuru�ee poliatea�nd roneNrds ahaq be aeceptab�e to lender md ehtM Inalude a staad�rd mort�p� dauss. Landet e�•;.
<br /> =;.�-a..�.`' ehaY have ths dght to hotd Me poYdea md�enew�ta. H Lander requMee,Botrowe►eftaA P�PbY d�to Lender�1 raee�pte at �.:°
<br /> _;,�..,::�''.:."�� paid pnemiuna end ronewd eoUoee. !n the event ot toae, 8om�wer aha/yhe prompt noUce to the i�wrance artier and Lender. ;'�;'
<br /> � . :�"'; ' Lender m�y m�k�proot oi Ioss(t not rtwds p�ompty by 8arrower.
<br /> :s:;.. - .
<br /> ; ;.,� Unleae LendK�nd Botrower otheiwiss apree in wdtlnp,Inaursnae pra;eede shet be appYed to reatoratlan or rop�k of the
<br /> � property dun�ped,tf the reatontion or ropair is eoonomiaaly teaeibte�nd Lender's aecu�fty Is not Ieaeened..tf ths reatot�tlon or
<br /> =�� repak ts no!eoonomialy taasibte or Lender's eeaudty wouid bs tess�ned,ths Nnunnao prooeada ahtH be�ppYad to ths au�na
<br /> - + eecurod by this 8eourity InatrumeM, whetha or not then dus� wkh any euaeas p�id to Bortower. H Borrower abmdona the
<br /> - . ° Properly.or doeo not�newer wtthN 30 d�ye a notioe trom Lender ti�at tAe Inaurenoe curta hae ot(ered to aaltle a aldm.then
<br /> " Lende► m�y coQeat Ms tnaurance proceeds. Lender rt�y use the proceeds to ropNr a reatoro the Property a to pay auma
<br /> ° � securod by thla S�ourity InsZrumenL whether or not then due. The 30�day perlod wIY begin when the notiae ta pNen.
<br /> � . ` Unlesa Lender end Borrower othenvlse agree In wANng, any app0oztion of proceeda to prir►dpU shW not e�dend or .,
<br /> postpor�e the due data ot tho moMhy psymen4e reteRed to In pvagra�►As 1 and 2 or abanpe the unount ot the paymente. It .
<br /> �, under paraproph 21 the Propaly ia acquked by Lend�►, 8arowers dpht to any ineuranoe popdes and prooeada rasulttnp irom
<br /> � .. damape to the Proporty prior to the acqulsitlon ehsll pase to 4ender to the exta►t ot the sume by this 8eaurily Inetrument
<br /> ;. =---_-_---- 6nmad�atrv crlev to the acaulaltlon. --
<br />- , - - _ .
<br /> " e. Ocoupancy, Proaarvation� MaiMananco and Prot�atton ot th� Proporty; Bo�ow�r's �oue �
<br /> A�pplic�tton; Lau�hotde. Botrow�sheA 000upy,eateplieh,end uee the Property as Bonowet'e prholpa�realdenae within
<br /> ' ° . . , . eixty daya �tter the exeouUon of Nta 3ecuriry Inetrument and ehnll contlnue to oxupy the PropMy ts Borrower's pdnotpal
<br /> roaldence for at tetet one ye+�er aRa�tha date of oaaupanay,unless Lender otheiwise agrees In wdtlnp, whtoh eoneent eha4 not
<br /> • - be unroason�bty wtthhetd or unteaa extenuntlng droumatencea extet whieh aro beyond 8ortower'e eontroi. Borrower ehetl not
<br /> • dastroy.damtge ar impetr the Property,aAow tho Property to deterlorate,or commit waete on tha Propedy. Borrowet ehap be tn
<br /> � detault It eny tor(ellum notlon a proceedinp. whethet cMi or atminal,[a begun that In Lenda's good tetth judgmertt coutd rosuft •
<br /> "� � in forfetWro of the Property or othenWae mntedaity Impair the Ilen created by thia 8ecurtty InsUument ar Lender'a seaurity tnterest. A
<br /> � �.. F1318.1M3 CIIBS) Pago Z of 5 II � �
<br /> .. �
<br /> - 8� i
<br />
|