|
� � g 5.����� ';;��_
<br /> ��..�
<br />`:' •TgQ�THBi V'RTH aJ L'�3 tmprova¢n�naw vr hert�dtar ere�tad on the property. end r� casemants. nADurtenaaesa.end `���::���
<br /> � �. .fudures rtew ar h�esf�r a��t of tha pra�a�ty.El.�I re�'�eatts end addNens ch�ll elso b3 co�ered by thts S�curity instrummt _ .' `
<br /> . . � A�of tR�tarepafnp ta�erred to tn thls 3eeuffiy tnstrumen4 as t�o`Prcg�rry.' : ''"'.
<br /> ', BAfiRp+N�i CpyE[Vqf�!'�that Bor�oaycr f� L�r1fuL'}r selzed o!tho est�t3 h�eby eanveycd nml Aas tha dght to grent and
<br /> convc�ti�6 Rrop�ty and ffiat iho Rrog^:.rty!� un4s:cumRered. ex�pt tor eneummn�nees o! recaref. Bcrrovizr�vartanty end��t:{
<br /> �,.'�end�sn�r tife tiUe to the Rropeny aga`nst a9�::`ms cnd d:�nd�,sabjact to any enr.um6rances af rcccsd. �
<br /> THIS S�CUR,Tf IPI51RL11AE►�T eomDlnc�s unttom cavwsar.is tar nsrtional aso and non-u�Hccm calrennnta vrith l;mfted
<br /> . va�.iflena by j+�rtstffetlon to canstihrta e an�crtn saairfiy Instrumant covertng real progarty '
<br /> UNIFOAM COVE[VA4JT�'a. Barmwtr and Len�er cove�+am artd sqraa as to"mis: �� . �
<br /> ,.:��� 1. Psys�t��tt ag Ptl��tp�! en� onteres� P�eprysnesr4 as�d i.c2o Charga�a Bomowcr snuu pracn�t�Y FaY�vhe� < . ;
<br /> . dus tho prtrtt�p�l�nnd 4iteresl an the drbt evtQanced by the Note end any pre�uyment and Inte Ghargss due under the Noto. ��_
<br /> � 2. FtAl9d8�T TaxOti F•[t� lt1SUP8Jt�9.3ub)�et t4 app�cab!Q taw cr to a ve�ten�ralv�5y Lender.Borrawer sha➢psy .. .
<br /> to LendEr on the day monthfy paym�nis ara due urtHer the Not� unL7 the Nots is paId in fu4 a sum ('Wnds') tor. (ej yeariy
<br />:—�: �s and escessments which may attein pdority wer tAts Seauity Ir.strumerrt as a i'isv an the ProP�Y (b) y�ll leasehald
<br /> : psymenis or gmund rer►ts on the Frap!erty.fl anyf: (c)yea�iy ha2ard o property Insurance pre�rlums: (�Yeariy Rood(nauranee
<br /> -. p�.��Y{�Y�7f mottg�e InSUrance premtums.H artyr,and(f)eny sums payra�le by Bormwer to Lender in accor�t�r.o -
<br /> ' tivBh the prov(stons a} �rae�aph 8, fn fieu of the paymsnt o}mort�go tnsurence pcam;ums. TAese ifems are called 'Escrev+
<br /> ttems.' L�der may. at emI tme, co3ect and hold Funds in an emount not to �d the rtcndmum amount a l�d�tor a ��c�',����;
<br /> ted�afiy rei�ied rnnrtguge'rsan may requke tor Eo►rovr�s cscraw au�a�mt undc�L�±c fca:�ral Real Esta2e Setll�rtmt Pracedures ,�:-'=`;
<br /> �.�ti�°.
<br /> Ad af 1874 es emmde_.'',`r,�re�2 tt�6�12 U.S.G.�2601 et seq. ('I�ESr^A� �xi��s�� L�v thai app:es to the Fund:� L�
<br /> ,� �fs¢Ie�es a.r:t:r� ":�a,C,a�r�cuc*�; at arty t�.�.czn.�ettd f;cir�F..,:r�as as•:m�mur2+eex ta�cceed thQ IESSer amautR �-�=
<br /> !..
<br />_`;���.; Lt��!^�{r,�+aSi�iP�tt;�+msrs.�t of Funds dne an tGc�L�s oT w:re�^G�amt�r��ste Es�:w-�.�s of e:cpsnddures ot fu�ro . ;.��
<br /> _'•.. �.a;:�ams�crr d'�.�T�r.fisE ft�eceordance wfW appC�his[x.v. f .'..
<br />,a-:;,;';,.�.
<br /> • TP�F�:r,�s s�sN be hdd In an instldttton�vhose deposRs are{nsured by a ted�egatcy.tnsbumErtffifRy,ar�ntHy/N�ctu�rtg .; .
<br />. Lrxider, if Cender[s sa�h en instRution) or In any Federal Home Laen Bank Lender shaD apDlY the Funsf�to pay Ute Esaaw �`�_�_
<br /> � ttems. Lender may nat c:hargs Bctrower tor hat�ng and a�ptying tita Ftmds.anrwa¢Sr ar�aty�n9 tt►e eserow aecount,or vetttying Y�.-�;�=
<br /> the Esaow ftems. uniess ieide► pays Borrorrsr(ntercat on.the Furttis and epg�ra6ia law pemiits Lend� W m�tco such a �_:.=-
<br /> . charge. Hcwe+cer. l.ender may re��e Borrmver to pay a one�tlmo charQa tor an tndependsnt reaf e�te Ux reQartinp senrlee -__
<br /> uszd by Lenda► � conneciton wRh thh lam. untesa appVcabta law pravIdeo othrnwise. Uniass an agsets�t�t le made or �—
<br /> ePy'd--wx"e fi�Y ia�ie�3(i1tQl�231�0 bB�3�t�'�'r�6r`�ii'vi o3 ia�-qufiao tt3 p6y o6��iv�G.�:.l�.rn�i�.��-?T�011 th0�URd3. �==,
<br /> � Barrawa end tEnder may a�ae tn wrfL'nQ, �a�xav� th�t tntaresl ehaY b�p�d cn tho Funds. LanQer afu9�a to Borraw�. �
<br /> without ehuqs, an �nnu�U aeeeuntksp of tho FunQ�, ahowlnp er�L�te es�d debtta to ths Funde and ths pu�poss tor whkh�eh
<br /> � d�ii to tho Funds waa miCa Tha funda€te pledaed es aC�L'anal eecudty la�a{I surn9 e¢cured E/th��urity Inatrumecst �=."
<br /> lt tft�Fund�hNd by l�nd�r ixoNd th�omounts Q�rmitt�d to be hNd Dy appRc�bi�iaw.Lendcr sh�A accaunt to Borrower
<br /> � tor tM�xoaf Funds In�ceotd�na wltb tM hquk�nK►u ot�PPYcabte t=w.i1 the emsimt o1 tho Fund�heid by Lm6�tt eny �
<br /> • f11ii�If ft�i 6U1ACiOR11 t0 Pliy lh0 F.tC(Q�St (Sfn�13 WAM dll�,Lm�►mty ao r�otity 9ormwer tn w�t1nQ,tnd,�f�ueA cass 6orrawar ���=
<br /> .. aMY pty to I.�ndrr th�uno�nt nece�euy to maka up the QeAcSancy. Berro�Ne►ehtif make up the deAcisscy In ao mace than
<br />, L;. . tnot,r�manthty paymente,at LenQ�e sote Elsaerion. - -_
<br /> lJpex�pryment In tuil ai dl sume aecurQO by fhta SeeuAry Inswnasrt. lond�r ahafl prompUy reAsrtd to 8osrowe any�unct�
<br /> heid by Lendar. i�uc�3er para�tph 21. Len�r sha0 acquke er edl the Frapart��.Lencler. p�4or to tfie ae�ulsfttan a sate of the
<br /> Pro9srly,sh�D eppfy a.ry F�r.td3 heid b�,�Lcndar at tho Uma o!g�qutattlan or aa1N an a ued'rt against the aumn eecur�,d by thls
<br />. &wr(ty(nswmerrt. .,.
<br /> ic".
<br /> ��� 3. ApppCat1o11 ot R�ymeTtto. Unless e�pltcehte law Provldes otherwise, ail Payrtt�ts cecM►ed tiy lendtr under '�:'.
<br />• •�i.�< ParaqrsPha t and 2 sha0 Ca rpy.Zed: ftrst,to enY PrWaYR'�;rt charges du�urtda L*.o �!^_ta sacand to emotmt�payabte urtdsr e►r►ni�
<br />�.i ., '; D��Ph�tAlra.to M�t due:fourth.to prtnel�at due:end(a3t.to enY f�e ehar5es due urt8er the Note. ,�F�:
<br /> 4. Cteargas; Lten�o. eorrotiYer snau pay an r�xes. cc3essm�nre, charges, fines ertd Impositlons attributebl0 to the �},,
<br /> �• pray,y,y wh�cA may attaln a�toriry eva L*,ts 3eaa(4y Instrumed.end t..asahaid��}rtnarts cr gaurtd r�ts,i!any. Borrower s1u�D �,�,
<br /> tu I
<br /> g�,�t*.r�obIIgaBons In the mannEr�avided in paracyaph 2.ar d ao4 pffid[a tttat tsmnnes.Barrower ehaN pay them on fxr's ?,-�y
<br /> . �ec�ta the person owed payrtia�t. 6arrower ehaU P�mA�Y tt�mfsh to Lend��1 rtatic2s at amouM�to De paid artd�tt�l9 .�5'r':'
<br /> ' parag{�,,Cn, U Borrawer ma�ce3 tCteso 13aytn�tts �rect�: 6nrrowes :.°ta� promptl,r fumis� to Lander receipta evtdettCn9 83t� . ..�..i
<br /> .
<br /> ;;; : pay°rss�:
<br /> �;.(i�T�� Eerr¢v�sr sb�p:amptly�scha.�er�y Q�whirh has prla..�'.3c att�u;s See.r�f L�sstr�us:�'u��ss Bormwa: (a)e�ees t�
<br /> .:kr`�,, writfng to tna pay^nm�ic s�t�e o6zigt��:. secur�-d frfl tha t�s iz��-r.a sc�inl�r�c,�t.elr�: t2j tontesia tn poed�itB�ta �,££`':=..
<br /> Qes� Dy. w Eef�ds a�:c�rtcrca:?rr..t o4 tl:o t!� Ds,fqAi�'•rgs vfilolt iis Itta [�dat's apinl�n opeta2a to prevent the
<br /> �''::.;... ec�:i-r.�san!of tfie Qen:or (c)e.�aeE irom the hoI��r r.�dte C�+�.h agreemer�4 sz�.'r�adory Oi�.�der subordn3tirtg ths Qws to � .,� .,A;`':
<br /> th(s U�raatr,�r lnstrumerA.H LEn�er�f�taxmsos that arry part o7 dt�f�x�a�ly ta subject t4 a[i�wYii'af�may a4min pdoriry ov�UsTs '} .;�;•
<br /> Sera„�r��ument,LEnder may� wrrower a nottce identifj��rtg iU�Ren. Borrowe uAaD satls!`f titia iten or take ane or rrtarv af .��:": '
<br /> � the ac�r.s�set.fartt�a;e�e vl�hfa 1�days ot the glving a}notkk�. ��.�:�_-;
<br /> . 5. l�a7taYd 4t�iF�opYrty (nsuranto.Borrov�er oha0 ke¢p 4he tmpravements now mdsttnD or herotlte►erected on ths �� -
<br /> ' Rrop�ry{nsured agz+is�losa by f�e. h�rds Tnetuded wfthfi th9 tertn 'ext�ded coverags' and any oYher haiards. indu8np s..
<br /> rtaa�.r Eao�ng.fcr•�Yh}cb lender requires Insurertce. This insurance ahaB bo maN�teYted fn tho�rnoutrts and for tho pwfc� ;'• .��r�,
<br /> tha¢I:�ar�:��r requUes. The tnsurmtce canier provi�ing tho inoumn�sha8 be chosen by Boaowa sutaject to Lender'a�yrava! `
<br /> : whldv n.#�all nof be unreaaoneb"� wfthheld. If Bomawer fa�1s to mrrtntain wva�ago des�rfhed above.Lcrtder may.af lend� . „S,_-
<br /> . opiton,ob�cn��2 to protect Lendera dghtt;in the Property ia m�sordance wNb pu�grapb 7. ' . :' -
<br /> � AY fnsurance �k�r� and ccs�.ewats shait ba eceeptebie to LenCv end ofia� Inct�do e standnrd martgaQe dau�e. Lendat y� �
<br /> ahaN have tha dgh4�+t�cfd the �d�'.�and rtnswata B Lender rer�uire9.Bortower ahaB prompt9y{dve to Lender a11 ror.�ts ef ��
<br /> patd pr..v�i,::ms and�;�r.�ar�a• ,i�tP�e event o!to4s,Barra:ver shaH glve prampt nollce to the Insurar�ce carrter and Lsnt:�a. ____
<br /> ,.. len�cor�sm�y make proaf of to�:.lY r�r r+ende prompUy by 9armtva �
<br /> i;A�9 L.eid�ar.d P•oarawer C�terwise s�rea In writinp,tn;.uca�+�proceeQs ahall Ee a�ppiied to reatoration or npaY at�'ro
<br /> Prope�iy damaga0,f!tn�restonilon or�peir is economtca9y teosiWe and Lende'a aecurity is noi bu�ned.N the restoratla;�`:�r �
<br /> r�r Is not ecanar:i5s�y teasih!e or Lender'a secudty vrould bs tessened,tho in�:rartsa pcoeeed�shsY be epp8ed to the su_*� � . ;
<br /> eecueed by thts Secu�ry Instcuumertl,whether or nat then due, witA any exce:��'d to BortoHer. It Bortower ebandans Y.�re �!:,
<br /> , Pmperty.or does not enswer witAin SO days a notice irom Lender that the Insurance carriet hes o8ered to settle a ct�lm,th�c1 °°°_
<br /> � Lender may co8ec!the insunnce proeeeds. Lender may use tha proceede to repalr ar reatoro tho RopErty w to pay eu�c ___.
<br /> aeeurod by thfa Securtty instrument,vfielher or noi then due. Tha 90day pttio�f wHl beqtn whan the nallce la qtvm.
<br /> Unless L�der and Borrower othervAse e�ae in valUng. eny eppIlrallon of proceeds to prfrtcipa) ehM not txtand a
<br /> pos�ona the duo datn of tho manthy payments referred to In para�eph31 anG 2 or chanqe the amoant of the paymeMe. if
<br /> � � under paRgraph 21 the Propaty►Is acquked by Lender. Borro�+ver's dyht to arry Insuranee poDeIe9 end proceeda resutUnp tram
<br /> d�mage to the Prope�ty prbr to tha aequistUon shaB ptsa to Lender to the oRent of the aume by thts Security tnstrument =_
<br /> immadiatay ptior to Ne acqui�Non. -
<br /> 8. Occupa�c9/� Prssorv�4l�ra. Pltain4onanso ar�� �ra2octts�n 6'� 4PI� PIO�pO� F�07'YOL'i07'fl L,flan ���':
<br />'. • AppllCait014; 1.�$soh�ld9. Borrov�ei ehnll accupy,estabAsh,end use the Roperty eo Borrowefo pAnclpal residanca Hfdhin
<br /> siXty days after the execWon of thls Seaudty InsWment and shaR eontinuo to oceupy !he Rroperty aa Borrower's pdndpal !=
<br /> � realdenee tor et Ieast one ye�r after the date o1 occupeney, unta:,s Lender olharv�lae agreea In wrfling,which cansent sheil not --.
<br /> � . b�unneesonabty withhe'd, ar unlas�e:denuathg circumstances exi�t which aro bayond BonoNer's eantrol. Borrower ahntl not -�
<br /> de:�-VOy�, damage or LnpaU tho Pra,pmty,uL'ov�tho Propeny to dEterioram, or commit v�aste on th�Properly.Borrower shn116o in �*= -
<br />_ dd'u�.'C��an�taroe:Wro actlon or pracseding, who1her clvll or ai�dtt,a1.is begun that In Lertdds good faith juQgmant coukl rosuil f�f-"-
<br /> �r�t�iditu��c!tAe P���erty ar o"��irer�metc�taLy impeU the Ger a��i,�d by this Securiry Instrument or Lendet's securiry Interest �"�
<br /> :_. '`. :
<br /> '; � t��`c'�S
<br /> .4;�..: ?
<br /> ::1��:�,,
<br /> r l�-i^ �� .��_.
<br />'..'�L�:,�r:�� f`1�9::11'�i'.�a�� �'ri 7o c�'1/': .�;r_'._'.
<br /> °1.',.r�,_L -
<br />•.�r;ei,-;?\�:?"-� *Y� ,
<br /> �_l,_ _� �_.
<br /> . 160W054 �ti.
<br /> , . , ,' 7 . . �: ' • , . „
<br /> . . ' ' . .. __'�..
<br /> .. ' _ . . . . . �l: :}. 4�.
<br /> - - - . , :U� '�,. . .• .
<br />
|