|
, r� --�==-
<br /> . " ,.�l� �.a" ._ ----- , s�:��� _-
<br /> ..�..�..,.,L..
<br /> . , _
<br /> ...�� ..
<br /> �2 10�0��
<br /> '�pCi�THER WITH dl the improvcmoMc now or hereaiter erectcd on the prapeny,und'911 casemcnts,c�ppurtcnancea,
<br /> �-- u�d flKtures now ar hareaFter a pu1 of the property. All rcplACemcnte and additfons shall alw be covercd by Ihir Securiry
<br /> - -- - Inslrument. AU of�ha faegafng is rcfcmed to in�hia Security Insdumcnt as 1he"PropertY."
<br /> BpRROWER COVBNANTS that Borrower is luwfully seised of�he estute hereby crnsvcyed w�d has thc right to grant
<br /> �nd�convey tho Pmpaty and�hat the PropenY Is u�encumbcred.except for encumbran�es af rccord. flortuwcr warnnt,�and �
<br /> -°-�_� w9i1 defcnd generalty the dtle ta�he Property ag�in�t dl clalmr and demands,cubJect to�ny encumM�nces of rccord. c
<br /> - THIS SECURITY (NSTRUMENT combines uniform covcnantu for natian�l use and non-unifarm covcnantc with _ _
<br /> .r-�' Iimital v�tionn by judsdlclion to constitule a u�iform cecudty inatrument covering rcal propertY•
<br /> —�'�:r;•� UNIFORM COVENANTS. Borrnwerand Lender covenont and agrce as Pollows: L
<br /> -- I. P�yment oP Pr(ncipd�nd latensti PrepaynKnt and L�te CharQes. Barrower slwll promptlY paY whea due the
<br /> --'�',��� priocipa1 af and inlereat an the debt evidenced by the Note and any prepayment And�ate chuges due under the NWe.
<br /> �` _. Z, Fundo far 711xa and lasurance• Subject to npplicable lew or to a written weiver by Lender.Borrower shall pay to
<br /> T__ _ _ �_`� L.onder an Ihc day mcmthly payments ure due under the Note,unNl the Note is paid in full.a sum l"�ds")for.(a)yearly
<br /> luxas and a�scssmcnlo which may annin priority over thia Security Inslrument as a lien on the Property:(b)yearly Icaschold
<br /> -:;,;a„�,:�t" p�tymonts or gmund rents an the PrupertY. if any; (c) yearly hazard or property inso�ance premiums; Id)yearly flood
<br /> _LL _�,�,��- :',� sums able b Borrower to �
<br /> insurance prcmiuma, if any; (e)yearly mongage insurnnce premiums, if any; and(� any paY Y
<br /> � � Londor.in accoMancB with the provisions of puragreph 8,in lieu of the payment of mongage insurnnce premiums. Thcsc
<br />-•__—_—��_�•:,;� Itomc�anB called"Fscmw ltems." Lender may.at any time.collect nnd hold Phnds in an amount not to exceed the maaimum
<br /> amc�unt u lender for a federelly rclated mortgage loan mAy requi�e for Bortower'�escrow account under the federal Real
<br /> '••-� �stata 3c�Uament•Pmccdures Act oi 1974 us amer�ded from time to time.l2 U.S.C.$2601 er seq.l"RESPA").unless ano�her
<br /> -=,�,��� law that applies lo IUe t'unds sets a Iesser amount. If so,Lender may.At any ame,collect and hold Funds in an amount na to �
<br /> __.�^�;,p;�`. excacd the lesser amaunt. Lender n�ay estimute the amount of Funds duc on the basi� of currenl data end rrasonable
<br /> ---,z;,,3�r�� eslimplas of expendilures of future Fscrow Itema or otherwise in accordance with applicable law.
<br /> T""'�T• � �•� Thc NundF shall be 6eld in an institution whose deposfts nre insured by a federal agency,insaumentality.or entiry _
<br /> -`?��+�Q•�=-r (inaluding Ixnder,if I:.ender is such an insutudon)or in any Federel Home Loan Bnnk. L.ender shull apply lhc Funds to pay �__
<br /> r e= �►� Fscrow llema. l..ender may not charge Borrower for holding and applying the Funds.aonually analyzing the escrow -
<br />�'�«�, aocounl, or verifying the Escrow Items. unless Lender pays Borrower interest on the Funds and applicable Iaw permits .�.,_
<br /> :�,,_,:.°+;, ,_ Lunder ta make such a charge. However,I.ender may require Borrawer to pay a one-time charge .`or an independent real `-
<br /> ,:."sx�',��+ asta�s tax reparling r.ervice used by Lender in connection with this loan,unless applicnble law providrs othenvise. Unless an �T:
<br /> ,��.�t��,�.,�,, agnoomsnt is mada or upplicable law requires interest to be paid.l.ender shall not be required ro pay Barrower any interest or f
<br /> ��;,�+,:, eaminas an the Funds. Borrower and I.ender may agree in wri[ing,however,�hat interest shall be paid on[hc Funds. L.ender
<br /> ::_�,�,-�-„�;+'�'�RY' ' shall giva to Bornawer,without charge,an a�ual accounting of the FLnds,showing credits and debits to the Funds and the __-
<br /> .._.,t;�t�.�.,.� —
<br /> ----- pu�►osa for which eACh debit to the Pwnds was made. The fLnds are pledged as additional securiry for all sums secured by
<br /> ;:an,�a1�;�;;��i;,',��� this Scauriry Inatnimcnt. -
<br /> ,;�r;,t;,r�i;y;;:��• ' . V If the Funda held by Leader eaceed the amounls pertnitted to be held by applicable law, Lender shall Account to �
<br /> ..,r��.i
<br /> z,�as�s��;s•;:,:!�y. ,� BoTrowcr for Ihe exceys Funds in eccordunce with the reyuirements of applicable law. If the wnount of the Funds hel y �_
<br /> ..�..w���ti�;;'�;';;. .
<br /> :f�';.,,;�.,A��,f . Lender at any�ime ie not sufficient to pay the�scrow Items when due,Lender may so notify Borrower in writing,and,in .:t..=:
<br /> f 3;•,� sueh case Bomower yhall pay to Lender the wnount necessery to make up the deGciency. Bomower ahal!make up 1he
<br /> "� t�:.',��•°'���;�����•_ � deficiancy in no mora ihon twelve monthly puyments,at Lender�sole discre�ion. -
<br /> ���'����:�� ;�.. Upon paymenl in full of all sums secured by this Security Inswment,Lender shall promptly refund to Borrower any
<br /> `�''����''` ` Flmds held by L.ender. If,under parugraph 21,Lender shall acquire or sell the Property,Lender,prior to Ihe acquisition or
<br /> '� �`•����if.�.` sals of the Pro xhall u 1 an Funds held b L.ender at the time of ncquisition or sale as e credit ageinst the sums
<br /> �•� .;��,.,...•..:;�:x:, . pertY. PPY Y y
<br /> ' ;yi,t ;,�,�� • seaured by this Securiry Inswmem.
<br /> •_i.±" .sti-�s-.,�s�� . 3. AppUeatlon ot Poymenhc. llnlecs opplicable law provides athenvise. all payments received by l.ender under
<br /> �1: r.,..�:.� i. �-_'_--�
<br /> ';,_�t':�•�'��t��.': paragmphs 1 and 2 shell be upplied: Crst,to any prepayment chnrge4 due under the Note;second,to amounts puyable under
<br /> �,., ,:.��.
<br /> ;;,. � ,, , paregraph 2;third,to Interest due;founh.to principal due;and Ins�,to uny lete charges due under the Note. �_�:
<br /> �'��,`:�:.,��,
<br /> '�� >��t�.;,�r�'rr;,�:��� , 4. Chu�es; Liens. Borcower shnll pay all taxes,ossessments, charges, fines and impositions cutributable to the
<br /> ���?':'•`�`.;'!�;�;}:� ` propeny which may uttafn priarity over this Security Instcument,ond leasehold payments or ground rents.if any. Borrower .�.,
<br /> '���'�+'�: ��1;!��1��;. + shall pay these obligations in the manner provided in parugtaph 2,or if not paid in that munner.Borrower shall pay them on -__
<br /> ���.%��, �;'"t�r� '•% tima di�cQy�o the per�on owed payment. Borrower shall promptly fumish to Lcnder ull notices of amounts to be pnid under _�
<br /> �'`;�� }"'•�t�'"-'� , this paragraph. If Borrower makes these pnyments directly,Borrower shall promptly fumish to I.ender receipts evidencing —
<br /> _`y.yr. �• '�^. .,�, , <<`
<br /> ..�.;,.�1''t...:��. � �
<br /> ��x,ar•�:��•',,:.:' �: the paymcnts.
<br /> -���,;;�,�._,,;�;�:�;�:;��: Borrower shell�xomptly dischtuge any lien which has priority over this Securiry Instrument unless Borrower:(a)agrees
<br /> F j��:;,y,'��.. ';• " � in wriling to the payment of the obligation secured by the lien in a manner acceptable to Lender,(b)contests in good faith 1he ___
<br /> '�t`'�•'{•������.%"'� � lien by,or dafends againct enforcement of the lien in,legal proceedings which in the Lender's opinion operate to prevent the !__
<br /> ��'z�+�����^�`-`` ' enforcement of the Ifen;or(c)secures from the holder of the lien on agreement satisfactory to Lender subordinating the lien
<br /> �:•�_
<br /> .s�:.�•,:,:.:; : �':
<br /> �;��'N�t;.;i�;,,�,. to tbis Securiry Ins�n�ment. If l.ender determines thut any part of the Property is subject to a lien which may attafn priority _
<br /> �y�;,•'•�yf;;'..i'+�', . ovor ihis Securfty InRtn�ment.Lender mAy give Borrower a nwice identifying the lien. Bonower shall satisfy the lien or take �,.,
<br /> �•���:k':;�::i���-;;.� one or more of the uc�ions set fonh Abovc within l0 duys of the giving of notice. i�:��
<br /> ,;x`,•,+`",v;,;''.'� '� 5. HAtard or Property Insurance. Borrower shall keep�he improvements now existing or hereatter erected on the
<br /> ;L����';��:''�,.�` pm n insured a einst losx b fire.hazards includcd within the term"extended coverage"and any othen c��zsuds,includins
<br /> Pe Y B Y r
<br /> 'j '�'�' floode or f7ooding, for which Lender requires insurancc. This insurance shall be maintuined in the amounts and for the
<br /> . . �i`ti��tlsll5,'�''�t .
<br /> ,���f�;��� �.. •, Fnrm3�78 9/91 fl'�R�'�I61bRts! :-
<br /> �.,'� �Sf����.��.+ . : "f27
<br /> .. ��
<br /> �� ''�f� ���r .. ,'�, "
<br /> . .1. .
<br /> ,�7 ��'G�;;-. � .. u="
<br /> .NY!','d I, �_ RI.,
<br /> • '� ����.1• •� „y,{�'�..�1..' .i.�.. .+1r �.,r�...` �,%X�ra_
<br /> ,.�,.t�}4(1 . t _ .•� ' .� ...' i •�:ft.ilj�`�1•✓<��i{; .. . . ,'"t .• .. .. . . . . , i "' .n
<br /> .. " ����.,A� . , ;�`,, ..
<br /> �..'-C�t_.J�.,.-. -- --'...-- '-- . . .•
<br /> ._� , ' •.�' . .� � .
<br /> � .��' �
<br /> .. ����i� . . .
<br />�—. � . l'�.�`'i°t':
<br />•- l�
<br /> .. -' � .� - � , 1 1
<br /> • 1' �
<br /> �� ^ .. ' , '�',1�- • • •
<br /> — ' . �
<br /> �� ' . . ..... ... . . .. . . . . . . � . �
<br />
|