Laserfiche WebLink
<br />r <br /> <br />83- (J(j5912 <br /> <br />UNIFORM COVEN-"NTS. Borrower and Lender covenant and agree as follows: <br /> <br />J. Payment of Prindpal aad Inferest. Borrower shaH pfClmptly pay when due the principal of and interest on the <br />mdebtedness evidenced by the Note. prepaymenr and late charges as provided in the Note, and the principal of and interest <br />on any Future Advances secured by this Mortgage. <br />2. Fonds for Taxes and ID8U.I'aJIC:C'-. Subject to applicable law or to a written waiver by Lender, Borrower- shall pay <br />ro Lender on the day rnonthly installments. of principal and interest are payable under the Note, until the Note is paid in fun, <br />a sum (herein "Funds") equal 10 one-twelfth of the yearly taxes. and assessments which may attain priority over this <br />Mortgage, and ground rent.s on the Propeny. if any. plus one~twetfth of yearly premium installments for hazard insurance, <br />plus one~twelfth of yearly premium instalJments tor mortgage insurance, if any. a.n as reasonably estimated initially and from <br />time to time bv Lender on the bas.ts of assessment.-; and hill~ and reasonable estimates thereof. <br />The Funds shaH be held in an initituti<lO the deposits (~r accounts of which are insured or guaranteed by a Federal or <br />state agency (including lender if Lender is such an Institution). Lender shall apply the Funds to pay said taxes, assessments, <br />msuranc.e premiums and ground n:mts.. Lender may not charge tor so holding and applying the Funds. analyzing said account" <br />or- verifying and compiling said assessments and bills. unte$s Lender pays Borrower interest on the Funds and applicable law <br />permit.. Lender to make such a charge, Borrower fwd Lender may agree in writing at the time of execution of this <br />Mortga8e that interest on the Funds shall Pe paid hJ Borr0w-ef. ,and unless such <tgreement is made or applicable Jaw <br />requires such interest to, be paid. Lender shaH not he required hl pay f.k~-rr{)wer any interest or earnings on the Funds, Lender <br />~hall give to Borrower. without charge, '-In annual l:t~.;nunttng of rhe Funds ~h-l,)wjng credits and debits to the Funds and the <br />purp<>se for which each debli to the Funds Wa:-. /H;1de rhe Fllnd~ ;trl' pledged .tS additional s.ecurity for the sums secured <br />by this Mortgage <br />If the. amount of 1he Funds heM by Lender. h!f::ether .vilh the [lJtUf~ monthly installments of Funds payable prior to <br />the due dates. of taxes, asse.s.'W1-tnb, lrnurarKe premIUms .ind ground rents. shall exceed the .::amount. required to pay said taxes, <br />atie$Sments... fOsufance premium$. and ground tem" ;1.. the): t ,.dl uue_ Wdl (.''(cess shall be. at Borrower's option, either <br />pi't."U1pdy repaid ~Q Borrower l)f credited to Borrower 1..'11 monthly !O'l;tallmcrits of Funds. If the amount of the Funds <br />held by Lender "hall not be sufficient to pay lll.\i.e$. asse-s~mc:nts., ll1'1.l1rance premllma and ground rents as. they fall due. <br />Borrower s.baU pay to Lender any amount ne..(;~s....'ar~ tn mak~ up the det1Clc:nC\' \.I;."ithm 30 days trom the date notice is mailed <br />by Lender to 8orro-wer req~tmg payment rn~:C'~11 <br />Upon payment in taB d aU sum!! ,:>cl.:ured In :!1.,", Mon~;~,l:C'.. 1 t.:ndc! ..halt rromptiy rerund to Bt)rrower any Funds <br />held by Lt:nder. If under paragraph J;~ hcn:'tlt the Prope,l'1\ ,.... ......;id.H rhl,' Propcnj I:', olhcrw,..e acqutrcd by Lender. Lender <br />shaH apply, no later than ilnmediately pnor r,) !he \ah.': pi lh~ Pr,'pCr1\' .-'r l'S ;IcqulsHlon bv Lender. any Funds held by <br />Lender at !he lime of i..l.pph..-atJon ~u. a aedit <lgaln~t !hc s.um" "-'~'l..:ured f,.y thr'; \hmgage. <br />J.. r..~ of PM_)'liReDU. t'nle," appllcahle hn\ P('\h't.'S. ,,~her\\'hc_ ;iH pa\'ment"\ rcCt:w~d by I.c:nder under the <br />Note and paragraph!! : ~tIld ~ hereof "hill! be ~pphed n\ i end~'f fI~! In p:n men! ,.,t amounts payab!e to L~ndt:-r by Borrower <br />under paragraph.2 hereot. then to Ultctt""'i! rasilhk ,'n H1C '\,''It- UWH 1-' lh.: prll1,-~lpJ.! llf the Sote, ,wd then h" interest and <br />prmclpal 00 an~' Fmure Adnmce\ <br />4. Cb.arae's. LInts. B(lITOWCl --!1dil P,i\' "ij : \t:\ .\....t'...'H\cot;. .;iHi "d\(f '. h,lr~t''l. tint> ,l.nJ Jmpn~Ulon'i ;a.nnbutablc to <br />the Pro perry which may ilHam ~~ pn'.lnt..- ,-,,,'..~t ,1-;;... \l.::!ngA_l.;t' ,Hld it'4'.dwld p,nffiCn!1. ,'f gn.)lHld rnll\. It an\-', III the manner <br />provu:kd under paragraph Z here-of ,~r ,-'p{ l'..mJ ;[; ,q,:tl !i).lflnl'l ;--\ B,\rr"\H~r m;ddn~ p,IYnl-(nt, v,'hen due. directly to the <br />payee there...'t_ Borrower ,hOtl; rrOmPli} r'.lrn;,h :'.' I ::th!t::l ail ill'lh:Cc. ,)! ,>liWUn!\ dllt' llodcr !hi"-; p;lr-a~raph. and in the event <br />9orn~\a,'C'r .,hall maLe p,nmc-nl J!fC~!:\ H~,r1\""~,; ',h,.H pr~'mrli\ ~drnl..,h !'.' I '-.:nJ\"r r;,;:;.:t>ljH\ t:'.ldcni.'mg ~u~h payments <br />Born..t\\.cr ,naB pn~ptly c_jt~",.:haj~c dfl" \;t:n "!1l"i; ;\4,,, r.;H."f!f\ i'''!,'r d11' \1on~agc, ;1;(l\"k~L ;h;if H0fnnver "hali ntl{ h~ <br />~Ulred tQ dt~.;,:har"t" ...:ly ....tH_,h ;{{";; jPHl; 'J~ B'i\;:;n...:r ~i;.1,i ..,~ro:: li' ""l~i:ng 1,' !he l',iYlll~~nt 1\1 lhl,' ~'hil~.\:Hl'n ..c.,;ured hy <br />\uo.:h !~a1In i! I!litnner aCt.-::pl~bk j" t t'P.dcf, 1;1 ';';'_"'1'\.l !:,~:h ~,':!n~ \~!;,:h !,C[: !'\ . de!~nd ','n!('{(cn-tt:!!! <l! "\!l-'h hen If}, <br />legal pr~\i.-ce,hng~ ~'hKh '-'pt'fdtc \.1 prc~~:nl lh,," -;,-!~lpr..t:'lnn1/ ,-! !h~ >'~- 1,"r1l.:~(uH..- d the Pl~'reny ,,'t ,1fl\ pall thereof. <br />5. Haunt ItISUl1Iftct, u.o-no'J>:cr ...hail ~.c;:p '~l\.^ :It,;,r'_'\tm.:l'h ...:,~~!(nj,: l'! i<li..';1!11.'1 t'fl..',,'!I;J i.'H lhc Pr'_)p~:rt\' Hi"llfCd <br />'-'j.iUU-i. h}\~ !'Y fire, haLa.f\h tn~lude-~ 'Allhlll !hc jt:~!n .'l';lh.}Ci .u'ld .."...it [,the: n.lliUd" .l" 1 ;;:nJcr fll,j\ rcqUIlC <br />4Jlci!ft ~u-l.:h 4.nh,'l,r;~ aniJ f....f '\u-,:h r'l.:IH}\j" ...". l ',' '.k, ; , -"l'-,n,; ~ ~!,;,l I ~l1d':l \h;,U thll rt:qUHt; In,!! the iHnOlinl Il! <br />'il:J(;h ~-ovcragc t')".;tt~ th<ti. .lnhli.;Hl ,-i ,...'''\''~.i''':,,' >:'4,.lir~d t ' ;'.\\ ifll~ '-,-,'d;,'d i''o l'l:" \h1fl~,\g\.' <br />The In:surotn~e l..;ilrner pfoH(!m!t tilt: !H"lH,~a...c ",h.ill ~'l.' ;",C,';,l h;,- H\!IT!'\"('! "Ubi!:':'l !,j i~pprO\,11 tn I cnd\..'f. rru\-uled. <br />{hill ,,"u.;h appn.h'li.! !,ha.ll "PI ~ :;nr~.:i.'~)f1iibi, l.~llhll~iJ r'7'11l.~;lH" Jjl:-'Ui.lii-\.C r',.lj~<(:~ ,.hall b<: ~';lId II' the fll,I\HIt:f <br />pnwtded under paf4,graph '2 herC1..ll \'r. ! :Wi. p4HJ Pi ~,,~!~ i:\:-tlli..:r h'l B-'-'l("~"!;.'I t'~Ht;"Hlto' P,I)/UCl'lt. \1,.!iL'1l dH~. ~i!r':dly !p the <br />llUUrance ":Uflex <br />AU m~UIa.(KC p..).hi.:le... ,;tJ:ioJ II:'He\\.,;/,;., t~\e'(''.. ~ ~h,~;j ;,!;Bi ,;'~1.'pi-.:li)-,~ [" I Chll.: ,jnJ .,klll 'i!~itld.. d 'LtOd.lrJ mUll~,tg.;- <br />dau:.c ;11 fa\{\-!! <'l ~-uid Hl ,,11m "",...~pi'lt}k ", j ctldi:l ~ l';lI..h:! ,},,\!. I~.l"~' 111>: fj~!H 1.' '-l,'hJ the pOikh..'~ ,md H:nt'\\,d, {!H.:n':l'C <br />and Borrvwe; ,h<1l; Pid/UPli)' hlfnlilh t,l I Clh.!t:f .Iii "_',l..'~...~' r<~'l;\,"" o.l:;,j .J.i, /n........lp~~ ~.: i~.iHj 1\IClllH1l1h III th:.: t.:'''~:fl! 1.\t \..""''' <br />Horruwer )h.ail gl\'<.' pfl'!fllpt !l1,.)1;1.-': h; !1}e ;;hUf,li>..':'- ,':!1;\..:: ",!d I ~tl...kt ! ~:hl\'i >;;.1':> ;HdJ..>." pl'I\>! ,,~ lu':),:> 11 11\'t nuJe prt\mpl!\ <br />by &"trfower <br />Unl~ lcn\..i;,.'l ~nd UOfh}'>'t:J ,1Ihcr'.\,w o.lgl\:(: f "';~l!li :'l"-'.:.UI,1,; l'i-,',t.:....d'~ :,1\,111 he .-I.;'pitt:u ~', !,..',<h'j,lll\)ll pf ICI',llr 1)1 <br />[he Pn,lpeH'l- .~ilm.tscJ. pr'-~\-h.k"i \U..:tl :(',,\,lfal"~lj ,'j : q'.i" p, ~-d";l',;{l\;.,_lii" ~\:,l...;bil,. ,ilhj liw ..\:".,\Jll!\ ill ftn.. \h'r!g..gc h <br />not thereby impaIred.. lr '<th.h r~~t...J(..tl\'n ,:,[ ,t'Pold .....'-I'lh-'11H...d.\ ",'<I_~;i\i\.' ,'t . {i~e .,J.:;'\ifll\ (,,1 !th'i \h\rt,l,t;lg\.' y,\'.uIJ <br />be IDlp.urw, rhe- m"Wfan>.:c pn."ecJ~ ~hi:ii! -Pt:' ,;.pph\.'u ).;1 {Ii{' ~lilll\ ...:",Ulnl ;'\ 'hi\, ~1'1.'rtg'1!;C.. ','db ii,c ;:h:t...._'lo. Ii ,In~. P<HJ <br />tv Qctf\.."''''-ef. It the P-rl.Jpt:H~ 1':J, <ib::w..hl;ll:J :~\ l-hJ~l">\":; . Hlla"""T 1",h " f,,''opi'j)J :n I \.'tlJl"/ y,linlll 30 J,i:.~ {fOill Ih~ <br />-J..lte n"t1C~ b- m,.i.lk~ tw Lender io Borrl;y,cJ ,n.t; 11,,: Jq"'Ui"lihX ~..!:'t:;- ,-rhoi'. i.I ...t:!ih' .1 ,:i,Utll (,If ril"U!',Hh..C hcnehlS. I cnticr <br />(:;. aUlhonzed to ':-l>-llO\.~I' Mi.'; >1ppi: ~he lrl:o..I.H..wv.: F''''_>';-C~....b .11 i r~l",lt-l ~ 'T!,.':1 c,lhcr k ic",hH...ill\l/\ ,'t !I.-p.ur ~q the Pro~'\:rt~ <br />IN' to the- ~UJn:-. ~"'\,,;W.fOO ~} thiS Mortga.gl,; <br />Un~ Lend.:_. <tad Burh'~"I.~r l,th-e.",....~~ ..g.rc~ c ,.q.,'l,~ .-Ifh '~i~h "Tpii"'lfHXl i-'! rrl.';..c(:l,h h' j'fHlupal .h,tii nut '.:''\It:nd <br />I.)f ~poM :tK. JI.-h:' date- ,,'f lile tih1tHhh' H!~t~ian<.:nh 'dl.'fiC,,! i'_' i';:H;1!if,ipn_~ ,H~~i':: h~r"'~\ll .. h,Hl~":: :111..' .l.l1k'urlt \\i <br />1uch .n).tal1mclH~_ Ir u..Ini1:r p.ara~J4ph l~ hCh~l.!t ihl;;' Pn.)pt:n~ """'"iUHt.>;...l 1'1\ r_Cl1J~1 r,ght, [ilk <mJ ;;-)I~{c~l \'1 Bi....llf'J~e/ <br />In ~nd h,.l an} Iflituralh..C p..'!tICle3, .inti m ,JuJ !\, ;h\.' pr\~..;{,."t..v.~ ih..::lt:,t'l H..',.,li;liflt-\ !tl>f1J d.1Hi.,g;.; lI' lh~ P"('P~'I'~ p!!nl h' lnl: ".dt: <br />or d-cquniuvu ~ball F~ w Lender [i) the C'\lcJ.d >.:d tnc ~Un1., "l..:..ua:J r"~ iiw... \lj~ng~'ft:, l!(Hlle,iiah:l~ ~'J it'; 'iJCh '>,tlc \..'1 <br />ac-quaition. <br />6. P'reN-natioa aod ;\l_li7tUlilct' of I'ruJWrt,"': l.t.asehohh; (-(Hl-domiujum,.; Piatln~d t.nil 1J"',dU-PUltc"UI).. BOlt';,)'AI,'f <br />shalt keep the Property in goud rCpd-H <1od ..naB nut ..;ommH '" i:t~lC ,'I p~-:rt1ii Imp~imnent l,lf JClcn~lratl(l!l dt the J-l'ropcrt) <br />and 'Shan ';':-(,lfuply wh:,h the pruvu.hH\Jt ,.! an) k~ tht}. \1..Hlg",sl," ;<, ,11J ,1 i..::.\~dwid. If Hih :\k'rrgi1~l' f.. ,';1 ,j llull Oi ,L <br />~onJommu.lm ('I'... pid.~no;-tl tmH ",k\d,lpm\:nc Born_I"'>:l "ha.d ~'h:ri.H!ll .ill t\j Hp;;-',h~t:t ~ ;lhlJg,IU...m.:l und~1 nlt~ J..:d.llalidl <br />()f <':O"iCDantll i.:lC.iiUUi ,,"r iD\,uOing. the (Ufil,.h'mil:\Wll1 t'r pJiHH~l.'iJ 'd,d ~kh'l:~pnk'nl. [ht: h\ -J.I.\I... ,ilh..1 rq;ufIHH)(h ,'i ill.; <br />coodoaumwn ~~t pianm:d unit dev.:lupmc,n'l, ,tad ...,:;!blJluent d"''i.tim~:,l;c.. 11.t ~,"II,li..lfnlllIUIll \.1, l)j,ililll;..'J unIt ,k'\l;'I,'pllICnt <br />nder: ~ u:ccutcd 0)" &1fQ\\'cr aIiJ JC\:vnkd wgetht.'f Volin !tth ;\h~ng4gc, !fl\." ",\I\I:Il""Ht~ ;iliJ ,~gr(c\"m\';l\t', ,,j ,ul,:n (Il.ler <br />~b.all bt i!lCOrpor~ Int.O O),nJ ~h.iH iirocnd firhj >>;uppkmem the ':_\I'oi.:nd.Hh ..md .'~lt:t;nh>flh ,I; d'u" \!\n:g;i;gl.' .,,, Ii lh~ fH.lcl <br />""n.. po.l1 hefeof, <br />7, PftlItectioa of J....eed.,., Sc<ttI'kJ. It B()fhh..-o:r Lult. ~1.1 petiOfni th(l ~.O\'CihH'!\ ;Hld ;'lio\fccmc:U5 U"m.Hni,..~ ,() :hl~ <br />MOffPF. ;.'l( tf any ~tiOli tlf Pf(''1\;'c-t.dmg i'\ ;..'omnH;\l(:I...d -...,tHf.::h maten,aHy :1ftect'i. i tnd-cr s. j[1tcn~_...t in ;:h~ Propen). <br />~m;h)4m., hut ft\,."!( hnu,fcd to, t~mmt:nl domam, in:'io(ll'r''i',j1:l\:t. ~('.d~ t'flh,.[(tHli."IH, l'[ ,jfrang.cmenh ~}j' l'rl.)1.:c('OH1i,S. Hl"i,Jhmg ~ <br />halikrupt Of ~g@H, iht:n f ('{}Jti-f!lll 1 cnder', npH(H\. HI"-m :hJflI:C 1" HqU,l<A;':f "n<1, 'jl,'lke ,"-tkb ,;PPC.lf.Hll",'\;'\. ,_i'"hJlSI.: ....I->.h <br />~ .nd Ulke .uct. ac{.km ,;l..t, ~ il('c.-e.~"~U} to pnn;.~,;;,:t !.eu.w:f, ;rn....:.:.~I-. (y,.t l!;l, j,mHeJ h', dl'tb\jnt.;m~\ll <br />~N.t: .tt~~rM~_'l t~ J1.fh.l eutry upun lhe Pfo..~~ni f(..l ffi.?/._i:' rq~".",-,- IL''1,:i1....J Hl'.1rt~a,gt; lr\".HfMl.':C ;1', .; <br />.;,:.-umbti<OO '.-.1 mak..ioi thf: t~)4,h '"t:.;...w-t.J by Ih;:", M-Ol1g,:j,~e:, f-k.i>~H-'''o\,-f....r ;.nall :"~\ It!\' Fi'.",mi1_,lt'\>;; fl~'4'-!Ift'd T'o1 m<iHH~m \\h h <br />iAl\.i:~ in tff(;\! unbl ..~u:.-h umc.. in the rI~"4HHem.t"1)i h,R Hk:h ;fi.'-'tH>AW';:f' r.rrm.r:itlt.", H'; ,1'(!.Hr~An..:.: ~l,,,fh 8"tn"\'l.cr'".. -itl-ll <br />