|
���- r 1 � ti�H��4�j��9�C��f'IC4.�� .F _ :q z�d��4. 4- -- - — - ------ ------ - - .-.___-:. _ _ . � ; . ..
<br /> ! l, .� � ' iL�•�: '�
<br /> � •<��!?,��,.�,lti� ��','.� C.;�SS ,.�.'i,�,i r�' �' � �� . ,
<br /> .. `�Y�'{�titli.�i.�}'('!i{ � ' � � . !
<br /> �1 ..�.�t:�. � ,. • '� ..
<br /> ':�'F`...�;1t - .. ::S'.
<br /> - �� . . , �� .. - - . ' .��,`�' .. .
<br /> :�i1�R. . .. . . �� . ' . .. . .p.ww+lX..
<br /> � .. iq
<br /> .
<br /> ', _ ' _�%/"'. . c.. ... . - . ' .WHYrneC.�1; f�... . _. , . � . .._ .i_:yy�f�'1 •. '
<br /> . .. .
<br /> �2 � -' .- �i„_:is�._. . . . . W�_� � - �.���.- _......._.-. _ . _......'_'-��_.._......._'_—_ _._..
<br /> .. . _-._..._'_ _ _"_ •__.r_."'�r'=-' _'� —, �......_,.___�.'"""_"._-..—._.._._.y._..--_ 1.�_..�.
<br /> TO�ETHER WITFi aH the Improvexnanta now or hereaft6r ereated on the praperty, �nd tIl eiaementa. apPurteneneea, and , •
<br /> r
<br /> Podures now or hereafte�a part oi the propMy.AY repiaaoments and addttlona ehaq aiao ba aovered by thla 8eaudry Inatrumer►t ,,
<br /> ' ' AN ot the forepoMp Is�efemod to N thta 8eadty Instrument as the'Property.'
<br /> BORROWER COVENANT9 thet 8crtower ts fawfu�N eelzed ot the eaute hereby corn0yed tnd h�s the dght to grant and
<br /> comrey the PropeAy and that the Pronerty la unenoumberod except for encumbraneea of reaord. Bortower warranta end wii�
<br /> detend generaAy the Utte to tha PropeRy egatnst aq cWms and denunde,subJect to any�r►numbnnaes of roaord. (J1
<br /> � THI9 3ECURITY IN9TRUMENT aombinna unHortn aovonante tar neUon�l use and non�unitorm aovnnants with Umited ,
<br /> vari�ttone by Judadlotlon to oonaUdAe a unHomi meeurfty inatrument eoverin�r�al prop�rty.
<br /> UNIFORM C01lEIVANTB, Bortawcr and Lender covenPty d eprae ao IoOawe: � p � When �
<br /> 1.Payment ot P�Incipai �nd Yrneres4; Pre � �enQ anrd 1c4c CQ�ov OD.0ortatic�ahalt rompty s.y
<br /> � due the dndpat ot and Intereat on the debt avidencad Gy the Note nnd any preptym�nt and I�t�ah�rqes dw undet the Note. Q
<br /> ' " ' 2. �un8s tor Tax�s end Ineuranae.SubJeot to appllonble Iaw or W a wAtten w�tver by Lender,Bortower shall pay �
<br /> to Lender on the day monthy paymenta are due unde�tbe Note,unUl tl�e Note Ia p�d In tutl,�sum(•Fundd•)tor. (a)yeary �
<br /> •!,�.�:�' taxes and assessmente whIoh mry attain pdodty over thta 8eaurity Inatrum�nt te a Ym on 4hf PFOp�rty; (b) ysuty leaaehold
<br /> ,. . , , paymento or yround renta on the Pr�cporiy.It any; (o)yearly haurd or properiy Ineunna�premiums;(d)ywuly Aood Inauranae y
<br /> • premtuma,N any; (e)ye�rly moRgigs Inswance promiume,if�ny:and (Q any sum�payabl�by BanawK to L�ndor in�coordanae
<br /> with the provlalona of paragwpfi e, in Yeu of tho poyma�of mort�ape lneuranoe premtume, Th�s�ft�ms an allad •Eecrow
<br /> ifems.' Lender may.at any tlme, coDeat md hold Funde In an amount not to axosed ths mucimum amouat a lendmr tor a
<br /> tederaltyr reisted mortgaga loan may requlro tor Borrower'e eacrow aeeount undet tbe federal Rat Estate 8ettlement P►ooedurea
<br /> �:��. Act of 1874 ea emended irom tlme to tlmo,12 U.9.a.@ 2801 et ee�. ('REBPA•), unless �nother k►w tha� appAee to the Funda •
<br /> seta a Ieseer emount if ao,Lender r►�ay.at any Uma, eol:ent and hoid funds In an amount not to�xwsd ths IesfK�moun�
<br /> Lender may eatimate the amoun4 of Funds due on the basla of auna�t dau Wd roaeoaable eatYnatu of ucpmdlWrn ot tuturo
<br /> Eacrow Itetna or otherwlae in aacordanoe with ePplioable Inw. � .
<br /> ' The Funds sheil be held in an InsVtutton whose deposlta ue Insured by a hdad t�enay. IneUUmenUliry,ar�nUty(Inoludinp •
<br /> '�' lender,B Lender is such an inatftution) or in eny Fcdcraf Hotna loan Bank Lender eh�ti appy the Funds to pay N�Bsotow
<br /> ` 1 Items. Lender may not ohergo Borrower for hotding end applying 1ha Funde,annualry analytlnp the eea►ow a000unt,or v�tfylnp
<br /> � • �•��`? the Esorow Items, un�ess Lender pays 8orrowe► Interest on the Funda Nd �ppAo�ble kw p� L.�ndK to mik� auch •
<br /> � ahsrge. Ho�vever, Lender may requtre Borrower to pay a ono-tima oharge tor an Independent nal eetat�tuc reporiinp eantoe __
<br /> . ��;.�.�,. used by Lender in oonneatlon with this �an, unlesa applicable taw proddea othe�wlae. Un►ess �n aBnMnent Is mad� or
<br /> apPUcabia law requiros�nteroat to be paid. Lender shaq not be roqulred to WY 8orrow�r any Intrest oi Mminp� on th�Fund�. .#?
<br /> Borrower and Lender may apree in wridng, however, that IMareat shdl be pald on ths Funde.Lend�►shtt yhr�to Botrowr. ;���
<br /> � without nharga, en ettnusl acoounUng of tha Funde, ahowinp orudtts md debite to th�Funds�nd the purpos�ta whbh atoh ��•
<br />. , „ ',�.,1�`� debk to the Funds waa made. The Funde aro pledped ae addtUonal eecuriry tor�II sums seoured by ths 3sarrtty 1niVummt :
<br /> H the Funda hetd by Lender�xoeed the amounta pcmdaed to be hetd by�ppllc�ble I�w, Lender stuY aaaouM to Bortow�► ""�'`'
<br /> .. ��
<br /> for the exceas Funds b aceordance wkh the roquiremente of appUoabie kw. If ths unoarn of th�Funds hNd by Lmdsr at�ny �__-:
<br />- tfine la aot aufttctent to pay the Eaoraw ttema when due, lender may ao notfty 8orrow�In vrett[n0.+ed,in suoh wte�8orrowK ��,-��
<br />_ • ,, ehW pay to Lender the amourrt necessN►to meke up the deticlenay. Bortower ahdi m�ke up the deRd�nay 1� no men thm __
<br /> "{ ' lrx�sa snosslhP��. at lenM►'s eote�saeUon.
<br />" " ���� Upon payment in tuA ot a!i euma sacured by thla 8eaurtly Inewme�t,I.andor shN promptry ntund to eortowrr any Funds _�
<br /> � .. ,^�r t q�pebityy,�sh�iN�e�pplyuany Fw�ds h d by lender at the tlraiie of�acqukNton a e�iii�as a a� a tp�in�t thoi,ums s�iew�d by this
<br /> i' ;� � ,�.` sewrtty inawmoM.
<br /> 3. Appiteatlon Of PAymetKa. Urttese applEcabie law prortdae othMwls�, aJl pnym�nb notln�d by LN9da und�r
<br />_.. r ..... . �,��, paragrepha 1 end 2 ahall be app➢ed: tlrat,to enY P�Y�t ahargea due under the Note; soaond to�mounta pay�bN und�r
<br /> y � t.•, paregrapb Z;thtrd,to(nterest dua towth,to pdndpa!due;end Inet, to any kte oharqn dw und�►th�Nat�.
<br /> � 4. Chitr�o8. Uat9o. Barower eholi psy �{I taxe�. asessamenri, eh�rpes, Mu �nd Impositlom atGibuUbl� to th�
<br /> T_ .:_:,; ' ~�� { _
<br /> proPe�ty whtch mny atfein P�o�Y over thts Security InaUumeM.and teasehold peymeats or pround nr►ts,a�ny� BorrowK ehaN
<br /> � .���:_' pay theae obGaaUons In the m�nner provtdad in para�raph 2, or H not �td In that rr�anna. Borrowa sh�1 p�pr thrn on tlm� _
<br /> -_ _ .. direatty ta Ne person awed paYment. Borrower ehaY prompUy tumlah to Land��1 oa�ticros at unouots to b�D�undM thN
<br /> = parayroph. N BoROwer m�kes meae payments direcy►� 8o�rov+x ehaC P�'��PtN fumbh to L.a►Gr na�b avld�ndnp th�
<br /> ;:�F",:v �. •.�' D�yRl6Ms.
<br /> `A-�- "�, Barowa►ahaY promptry dtscA�rqe any 6en whlot►hss pdmfty ove� thla Seaurity Instrumsnt unlu� 8aroww: (y a�t In
<br />�,�:,�__;�.�,,. :� wridnp to the paymeM at the obYQatlon secured by the ilen In a m�nne►�aoeptabM to Lend�r; (b)eont�ft�h pood taHh th�
<br /> -„�a„_,� Iten by,or datenda ayninst entacemsnt of the Geo in, le�l proceedinpa whloh In the Londera ophton oparats to prev�nt th�
<br /> °. ""�°_' � eMorcemant of the qen;or(o) seauros irom the holder ot the Iten m agnentent saUeltot�Y to i.andw subordlnat4tp th�M«t to
<br /> ���A _�':_ _. �' thfa 8acurriy insdumem.lt tender dotermines that any part ot the Properiy Ia eubJeot to a N�n whiah mty atbN pdor(ql owr thls
<br /> --::.,�.:�:::.,: --
<br /> .,�:,-�� .�.�::� � Seourily InsUument.Lende�may qNe 8ortowar a no2ta tdaiUfyinp the Uan.Bortower sh�Y atlsty th�Yen a talu on�a mon
<br /> . „� .
<br /> — �.__. :..;,.. the acttsna set toAh ebove wtthh 10 clnya ot the gMinp of nottce.
<br /> ' .�;: : S. Hwrd or Prope�ty Insatrane�.8orrower shail keep tha fipravemor►ta now �daUnp or haroa�tx areotsd on ths - -
<br /> _'-== Y.- a ProP�Y Inaurod agA4�st toaa by fke,harards Induded withN the tam'aRanded aovanp�' �nd my oth�r h�rard�, {ndudinp
<br /> =�s:'�``�: tlooda or 1loodin�.tor whioh i ender roquires insuranoe. Thla Inaurance ehaN be m�htahed In ths�rtwunts�nd fa th�priiods
<br /> .: , that Lendet requVes. 7he hsunr►ce aanier provfdktp the Insuret►�e shaY be ohoaen by Boaower subj�at to Lendws�pproval
<br /> -=-+�-��� i whtch ahaY not be unroaaonaby withhe�d. tt Bortower toila to rtw�nt�h covarage deaaSbed abovs. Lendu�y,at LendK's
<br /> ���.;�.,,�:;.•
<br /> ��• "•�� optton,obt�h eoverape to protect l.ender'e�hte In the Prop�ty In aocordmes with{waqnph 7.
<br />—`��. •:'.�. �, pA inauranos poAdea tnd renew�ls ahdl be aoceptabie to Lendx�nd ahNl hdttd�a shnd�M matptp� olws�. L�tdw
<br /> c;��:�=��.�r� ahsll h�►e the dyM to hotd the poHdea and ronawaia. it Lenda roQukea,Bortowar ehsN promptl�l�ive to LendK�N r�ri ot
<br /> 9 ;�: ��°� paid premluma and renewal noflces. In the event of tose,Borrower aha{t q�re prompt notlas to th�haur�►os canir and Lenda. _
<br /> Lender may make proof of Iose tl not rtwide prompty by 8orrower. _
<br /> • �,:.�4. Unleas Lender�nd Borcowx otheiwtse agree in wrtUng, Ineuranae proceede ehdl be appNed to restoraUon or tepatr of th�
<br /> � properry damaQed,tt tha reatoration or�apak la eeonomleolly teasibfe and Lende�'a eeaurHy la not lessarted.If ths reatoration or =-
<br /> �� ' repak la not eaonorrsicaly teasible or I.ender'e seaurtry would be Ieasened the Naunnoe proceeds ehdl bs�ppY�d to th�wms
<br /> 7i �cured by thts 8ecurlty InsVumerot whether or not then due,w[th any exc,eaa p�td to Bortower. It Barowrr ab�ndort�the `'-
<br /> • ProPertY� or doea not answer wkhin SO days a notfea trom Lend�th�t the u►aurance carrier haa ottwQd to aotNo a dalm,th�n !
<br /> • Lender may eolleat the insuranoe proaaeds. Lender may use the proeends to repetr or restoro the Propary or to pay tums
<br />- aecured by this Seeudty inetruman,whether or not ffien dua The SOday pe�iod wW bepk�whan th�nottes�S pNon. �"
<br /> � Unteae Lender md Borrower othonrlse agree In wrtUn9, anY appUcatlon of proc�oda to Prhdpal ehW not wQend or y
<br /> , postpone the due dnte o!tho mo�thy peymer►ts reterred to tn paragraphs 1 and 2 or ohanpe the unount of the psymente. if _
<br /> under paragraph 21 the Propedy is acquired by Lender. Borrower'a dght to eny tneurance poUotea and proeeeda resu�ing irom
<br /> , -�g*=� .- .�._ - . W... �. H.. s.wifetflnn nhoil nom fn 1 andar m :ka A�aeM nt the wma bv thta SeouriW Inatrumant
<br /> - �---- .
<br />, --- --- - vwooyv .v ww ...ry.o.y r.... ...� ^-�.--.. ^ .'--- -- --'---. .. . - -
<br /> '`� immediatoy prtor to the acqutstdon. �
<br /> �•� 8. Oaaupancy. Preservatton. Maintenanoe and Protectton of the Pro�erty; 8orrowar's Loan °
<br /> .. • Appltoatlon; Le4teeholds.Bortower eheli oaeupy, eembllah, and uae the Propetty as Bortower's prinolp�l reaidence whhin •.
<br /> • abdy days after the exeauUon ot thts Seoudty Instrumer�t and shail cominue to oaoupy the Properiy ns �oROwa'a prinolpal
<br /> — • residence tor at least ono year after the date of oacupanay, uniese Lender otherwiae egroea in wdting,whtoh aoneent sh�q not
<br /> ' • be unreasoneby wtthhe►d,or udess extenuaUng ciraimatances exlst whbh are beyond Borrowar'e control. Borrower ehap not
<br /> destroy, demage or impair the Properry, eilow the PropeKyr to detedorate,or commtt waste on the Properry.8orrower shali be In
<br /> — defauk If any fotfetture aatlon or proceeding, whether etvtl or cilmdnai,is begun that in Lender'a good tatth JudQment could reautt
<br /> in todeiture ot the Property or otherwise matedally impair the Ilen created by thls Securily Instrument o�Lender's seeurtty Interes�
<br /> �' ' . - � F1318.LMa Ola`+) Page 2 of 5 `���"�,""��
<br /> 99747
<br />
|