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95106425
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Last modified
3/10/2012 3:10:58 PM
Creation date
10/21/2005 10:15:43 AM
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DEEDS
Inst Number
95106425
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,1I.',. .�„�;���.. . � q'� ' . � ....._ —. •... <br /> . <br /> �h'i:e}v....�'�,r{P�:qs.w+:e�.�. . . . , ....._. . --� •-- --�—-- -- . . <br /> .. . <br /> __, . ., ,. - . <br /> •�..A��M'�'.-�..- .+�c::..... . . .. _ . . <br /> . . . ., . ._—_ . __ _-°. . - <br /> � . . . .�_._._.�.a...ur.,...�......��a-.�. ..�..,�.r_—- _ °s---_�'_-____`-.____�_._ __-—_ <br /> _ . ---"—.___ . _ _. _- _ . �— <br /> -- _ �'9��- 1�6�x.�s � <br /> 'fOC)ATHBtt W[7'H uli the imprnvements aaw ar hsrattcr erecied on the propccty�und uil eusemenu+,appuKcnanc��and <br /> Gxwrcs now or hereufter a part of thf: prapertY• AU rePlac�mcnut and addlUons ehall also be cuvered by this Seturity <br /> It1StNI1lClit.All of tho faregaing is aferrod to in thla Secudry lnstcument us tho"Pro�peny" <br /> Bq1tROWER COVBNANTS that Sormwer is luwtttlly scised af the cstatc hereby rnnvcyat und h�s the right to grant and <br /> canvey the P�operty and that the Property is unencambered,eacept for encumbru�x�of ierard. Borruwer warxants nnd���ilt • <br /> dcfcnd ge�xrully the tiUe ro the Pcoporty against ull cluims nnd demand»,sabject ta nny encumbrana.w of recotd. <br /> THIS SBCURITY INSTRUMBNT mmbines uniform covenanta far national uc;c und non•unifunn weenanta with lim[ted <br /> vndatinns by Judsdtction to constitute n uniform sxurity instn�rnent coveting reut prnperty <br /> v:::r�ou rt+���Qqi�NTC Rormurer arvllf.�lrltT C�lvtdiAltt U1td 0�(Ct As foll4w8: <br /> 1. Aytnmt of ihincipai u�d Interesi; Pirepvynt�t ond Iau Charges. B°�T°wer ehall promPuY PaY wnen aue�iie <br /> princtpal af and interest on t!�debt evidec►ced by�he l�ote�nd any prepaYment md�o�o�tu�e�es due undcr thc Note. <br /> 2.Famds for T�uces and Lnsurance• Subject to applicable Inw or to a written waiver by Lender.Bornower shall pay to <br /> Lcnder on the day monthly payments are due under tdo Note,nmil tho Nou is pa[d in full.a svm("Funds")for:(a)yearly ta�ces <br /> and ossessmei►ts whtch may attain pdority over this Secur3ty Insuuaxnt as n lien on the l�raperty:(b)yearty leasehold payments <br /> or ground renta on the Pcoperty.if any:(c)YeadY hawpd at property insurenca premiums:(d)Yearly flood insurance Preiniutng. <br /> if any;(e)Y�Y�rt8a8Z i���pncniuma. If nny:sin�t(�nny sutas Paynbla by Bornowcr to I.ender. in aocordanoe w[W <br /> tho provisjo�of paTa�caph 8.in lteu of the payment of mo�tgage insuranoe pnmiums.'fhese items ec�called'Fscinw Ite�." <br /> �,ender may� at any time.collxt and hold Funds in an araount aot to eaceed the maximum tuceount a IendGr for a foderaUy <br /> reietcd inottgage loan mey rcquin fur Borrower's escrow exount und=r the fedsral Real Fstau Settleuxnt Pmcedures Act of <br /> 1974 a.g amended from time to dme, 12 U.S.C. Section 2601 et seq. ('RESPp►").unless anott►er law that upplies to the Funds <br /> sets a lesser amount. if so. I.ender may.at ar►y dme,oollact end hold Funds in an nmount not to exceed the lesser amount. <br /> l,ender may esdmate the aiaount of Fuads due on the basis of current dntu And r�uonable esHmates of expenditures of thture <br /> F,scrow Items or otherwfse in accordance with appUcable la�u. <br /> The Funds s6all bc held in an institudon whose deposits sue insured by u federa! t�gancy. insmunxt�lity. or erttity <br /> (including L�ender.if Leteder!s such an Irsuartlon)or in any Foderal Home Loan Bank•Letxier shaU apply the Funds to pay tha <br /> F,scrow[tems.Lender may not charge Ebmnwer for holdiag and app�ying the Fuuds.ennuatly analyzin8 the Gscrow s000unt,or <br /> vtr3fyfng tho F•scmw Items.unless�endea'P8Y6 8°='r°wer imenst on the Funds and upplicable!aw permits I.ender w a�ake auch <br /> s�.4��ver.LP�*!�Y���T�°wer to Qay a oneaime charge for an independeut ytiat estate tax rcpartiag�rvtce <br /> usod by Lender in oonnection with this laan. unless applicable law prnvldes othenvise. Untess en�+eement Ia mtde or <br /> �pplicable law roquires faur�st to be pald,i.ender shall not be req�ttred to pay Borrower any iaunest or eamings on the Funds. <br /> Borrower and Lender may agrce in wridag.however.that interest ssl�aaU be paid on the Funds.I.ender s6a11 give to Bomnwer. <br /> aithout churge, an annwil aocaunting of the Funds. showlag credIts end debits to the Fw�ds and the purpose for which tach <br /> debit to the Funds was made.'fhe Funds an ptedged as addidonal x�dt3'for alf swas sxund by t1�ia SecurltY Insuument. <br /> If the Funds hel�by I.ender exceed the amounts Permittod tv be heW by appiicabte law.Leader shaii a000nat to Borrower <br /> for t6e exass Fw�ds in aocordanoe with We requicements of applicable law. If the amcwnt of the Fuuds bcld by L�endcr at any <br /> tt�ne is not sufficient tu pay tha F..scmw Ite�s when due.Lender may so notify Borrower in wridng,and.in such caso Botmwu <br /> stu�il pay to Lender the amwint neo�sary to make up the defciency. Borrower shall make up ti�e d�eficiency In no more th�n <br /> twelve awnthlY paymeats.at Lender's sole discretion. <br /> Upon payaseat in ti�ll of nll sams securcd by tl:is S:��ritx I�ctrument. l.ader shsU PY'omptlY refund to �orrower any <br /> F�nds held by L�a�der.V.under paragraph 21.Lender shail acquin or sell the Y�roperty.l.ender.prior w the eoquisitlon or sate <br /> of tl�e 1'roperty. ada11 epply any Fwids held by Lender at the ttme of aoquisidon ar sele as a credit against the sums securod by <br /> this Socudty Inst�nc. <br /> 3.Applicntlon ot Paymeuts•Unless applicable law provides otherwIse.uU payaoents reoeived by Lender nnder par�gr�pha <br /> . � 1 and 2 shall be appl[od:.�i�st.to anY P�Y�nt chargcs du�under the Note:seooid.to emounts psYablG uader parag�aph 2: <br /> thixd�w interest dua;fourth,w princlpal due;And iast,to any late charges due�mder the Note. <br /> �:�bar�es;Lk�.Borrower shull pay all taxes,assessments.charges,fines and imposidons attributable to the Pc�riY <br /> whtch rr,wy attain priority oves this Socurity Inswment. end leasehoId payments or grou�a�a,ts.if any. Borrower a6all paY <br /> ,, these o�Yigutions In the manner pmvided in Paragraph 2.or ff not paid inthat manner.Sorro�vsrshall pay them on time dl�xtly <br /> , ; to tho person owed paymcnt.Borrower shult proa�y furnish to i,ender all norio�s ai amaunta to be p�aid under th�paragcaph. <br /> � � If�orrower makes these paymenu dIrecdy,Botcow•et shull prnmpdy fueaish to Lender ee�oeipts evi�encin$the paymeuts.� <br /> 8c.�rtawer sh�ll promptly dischargt any lien which has priority over this Sacuriry Iuswment uuless Borrower:(a)sg[as in <br /> writisig,m�the payrt�ent of the obligsti�i�scxured by the lien in a a�anner siccepteble to i.ender.(b)contests in good faiYh the lien <br /> by. or;d.ofends against eaforcement'of the lien zn, te�l proct+edings which in the [,ender"s opinion operau w prer�eat th� <br /> enfor�:►t�t of the lien:or(c)secures from the 2�der of the tlen an agreranern sattsfactory to I.e�er subotdinating the lirn to <br /> tl�is Secuiity Insmmient.If Ixnder deumiiaes cnm,at►Y Part uf the Property�s subject to a lien which may attein prioriry over <br /> this Seccuity Iasuument.Lender may give Horrower a natioe ides�tifyin8 the lien.Borrower shait satisfy the lien or talc�on�or <br /> more of die xtions set forth above within 10 days of the giving of norice. <br /> rarm 3028 s1�D <br /> veps s m s <br /> � • • <br />
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