|
���. �: :: :..__.�—'±"""-• ..::::a.. . � ` " - - ��-r'?�3�-n+�e��_.
<br /> s�. . . - - :�. .
<br /> .. .-'�-------
<br /> . �x.a:_-wn.- � - - - _-aaau..._.a_ ...:r._. �-- -—
<br /> _ _
<br /> 96- 1t1�88A
<br /> TUGETN�R W1T'H al!thc:ii»pra�•enxius ix�w ur hereafter ercrteci on thc pn►�+city,uixl�II r.►.�cnxnt�,uppurtci�.uxe+.:ux1
<br /> fi�.iue� ruiu• ur hereaRer � �wn of the µrupert��. All rcplacements Wx1 wklitiun.+ �tu11 �IK, he cc��er�l b}• this Security
<br /> In►In�nxnt. A!I uf the iaregoing ix rcl�ncrl to in this Saurity In.�trum:m:�:the"E'ct�}vt1y."
<br /> BORR()LVNR CC'JENANTS dut linrr.�u�cr is I�w•fully sci.�tl��f�Ik c�tc tkr�b)�cunvr)'ctl �uki ha�thc righ�tu grr�u:uh!
<br /> ciun�c�• �he Pn�eny a�ul thu�ehc Propercy i�uixncumt+rral, etirept far cixumbr:uuea uf r��urd. Bnrrawe► wyuiant. :uxl �vilt
<br /> d�:fen+1 gcnerallv tbe title to tl�c PcupertY+�ai�ut ull rlain�s und ckm:uxl..�utijc��tu aiy e�kuutih►r�xcs uf r�ti��t�i.
<br /> �'iI1S SECUli11'Y INSTRUI►16NT cu�nbi�xs uniforn�cu.�����•�ar::::tii�ss�! e!•r w+w1 �w�mwufurnt�a��ctu,tur.w•ith li�uit�.xl
<br /> Y�iw�,hy juri�iiction tn cnnstitutc a unif.xm scrurity iiturunknt c.n���inb real pru�xrty.
<br /> UNIFOR61('UVEiNANTS. Ennt�Ker a�x1 l.cr�l�rtl�� � ���`��w��rmwcr �lull proiuptl!• p:+y wtk�ti due the
<br /> 1. P�yuuut of Priuclp�l at�d iateresli �P�)
<br /> Prineipal of'au!:d intereat un the d�fit evidenc��l by ti�Nc�:e aac!:i.75 Pr�P3Yment;uxt late chareer duc u�xier ttte Nutr.
<br /> 2. Fw�da for Toxes aud lau►ru�xe. Subject ta applicat+lc laar ur to a written wuiv�r by l.cixicr. Burrow�cr tih:►U pay tu
<br /> t.c�xler ai ttu.day manthlY paYmetus:ue duc unier thc Nntc.until tt�c Ncxe i:p:ii�in full, a tium("Fuixf�"1 fur:la�yea�ly taxes
<br /> tuxt�sse�.ui�ents whic:h nmy attain priurity ovcr thi` Saurity Instrument as a lien un the Prupeity: 1b15c:u�Y��h����l P�)�u�enls
<br /> or gmund re�1ts on the Propeny, if any;lc)ye.v'ly harar�ur pmperty inwn►nce premiums: (dl yearly fl�x�iuwnu�;c�+YCmiunu.
<br /> if ony:(cl ye:uly nwrtgage insurance premiunu. if any;anel(fl any �wix` Pa!'�ble by Borrow•er t��Lett�:r. in c►c�c4rd�a�ur with
<br /> the proviaions of paragraph 8. in lieu of the payme�u of nartgage i�uuraiue premi�tims.These itenu aro ca11E�d"�scrow Items."
<br /> Lende�may� su ;u�y tin�e, collect and Iwld Funds in�n anwunt not to excced tAa ma�unwm aitxwnt a li:nut�r far a fak!'ally
<br /> relnted mortgage loan maY re9uire for Borrower's escrow accaunt under the federal Real Estatfl Setdcment Pracedures Act of
<br /> 1974 as an�e�icd from tin�e to tin�e. 12 U.S.C. Section 260i e��ey. ('RESAA"). Uri�CSS:iIK�IIIQt IA��that applies to the Funds
<br /> sets a lesser amount. If so. Lender rn�y, at anY �ime, collect and twld Futxls in an amount not to excaeu thz les�er anwunt•
<br /> Ixa�der may escimate the a��uwnt of Funds due on the basis of currenl data and reasonable esti�nstes of ex�►ensliwres of future
<br /> Escrow Items or otherwise in accordance with a�licable I�w.
<br /> The Funds shall be hetd in an institution whose depasits are i�sured by a federal a�eacy. insttumentalit)�. or.cntiry
<br /> (including Lender,if Lender is such an instin►tionl or in any Federrl'Mn � uF ��n��r�y�s�h�scrow�acco��or
<br /> Fscrow Items•Lender m�Y not��Se B°�T°wer for holding and app y S 11cab�e�aw rmits i.eixier to m�lce such
<br /> verifying the Escrow Items,unless Lender p�ys BorroK•er interest on the Funds a�d epp� Pe
<br /> a charge.However, l.enda�mav require Borrower ta pay a w�e-time char8e for an independent real estate�`��rt��o
<br /> used by Lender in connectian with this loan. unless applicable law providts otherwise. Untess an ag
<br /> applicable law requires interest to be p�ici. l.ender sha11 not be re9uired to pay Borrowtr any interest or eamings on the Funds.
<br /> Botrower and Lender mzy agree in�-zitia�,however. that iruerest stu+ll be paid on the Funds. Lcuder shall givf i h°,chexh
<br /> without charge. an annu3t xcou�i►x€e��YSe Funds,stwwing credits and debits to the Funcis:u�d d�e purpose
<br /> debit to the Funds was mxJ�:.'i'!se F�nc:�arz pledged�s a�ditional security for all sums securad by tt�is Security Itutzument.
<br /> IF�F�}��by y,�,.��,,.�p the amounts permitted to be held by appl'�cable law.I..c•uder s1ia11 aecount to Borrowec
<br /> for the exec�ss Funds in acxord��ee with the re9u�Tements of applicable law.If the amount of t�a�unds held by Lender at an,v
<br /> �ime is not sufficient W pay the Fscrow Itenu when du�e.l.ender may so noiify B°�T°wer in writing.and,in such case Borc�xv��er
<br /> slsall pay to Lender the r�nount ►xcessarY to rnake ug dx deficiency. Borrower s1�a11 make up the deficiency in no more thau
<br /> t,welve monthly paYmenes.;.t 1.ende�'�s sole discretion.
<br /> Upon payment in full of all swns securod by this Securiry Incuum�nt. �nder shau prwnpciy ree�l.co Borrawer any
<br /> , �.�� ,,,���ti�u�,muin or srll the PtnDertY.Lcnder.Exior:a t�e acquisition or ssile
<br /> . FutWs iletd aY i�aer.Di.w�uc�p:.:��....i.r.... ._._. {•r tbe sums soCUt+eQ oy
<br /> •ot'the propaty.slwll apply any Funds held by Letder ot the time uf aequisitian ar salt as a cr�.a..�
<br /> dtiis Security Instrument.
<br /> 3.Applkation ot Pnymentc.Unless applieable law provides othcrwise.all paymenu rx�eived by I.cyicitr under paragr�pl�s
<br /> 1 aid 2 sh�ll be apQlied: first. to anY P�Y�charges due under the Note: second. to anwunts PaYable under parasra�►h 2:
<br /> thiid,to imA.3est due:fourth.to ptincipal due:and last.to any late charg�s due under the Note.
<br /> 4.�LyrBes+I.ieus- Borrow•er shsll pay�ll taxes.assessmu�ts.ci�rges, fines and impositions attributabk to the Property
<br /> wFi�ch may attain priority over this Socuriry Instiva�..r.t.::ud lexsel�old payments or ground rents. if any. Borrower shall PaY
<br /> tl�se obligations in the�r provided in paragrlp�lr 2.or if not paid in that►n�sner.Borrowu shall pay theu�on time dirxtly
<br /> to the peisoa owed paYment.Bortower st�ll prompG?' fumish to l.erxler all notiaes of�mounts to be paid a�z�der this paragnph•
<br /> If Borrowr.r m�lces these payments dircetly.Borrow�er si�all promptly fumish to Lender receipts evidencing the Qaymaus.
<br /> Borrowu s1�a11 promptly dischuge any lien w6ich t�as priority over this Security Instnuner.t unless Borrowa: (a)agtas in
<br /> ��g�o the payment uC the obligation secured by the lien in a maiuxr�coePtabk w Lendu: fb)contesis in good faith the liea
<br /> by, or dcfeads against �,force�nt of the lien in. legal proccedings which ia the Lendcr's opinion operate uv pravau We
<br /> enfom,ement of the lien:or(c)secures from the holder of the lien�n agrcement satisf�ccory to I,ender sulwrdinatin8 tbe lie°t°
<br /> �s��ry�. If���ines i}�at aay pazt of the Property is subject to a lien which may attain priority over
<br /> ��ri�y,�nunent.l,er�der may give Borrower a notice identifying the lien.Borrowcr shall satisfy the liea or taice ene or
<br /> mone of the octioas ses forth above within 10 days of the giving of notice.
<br /> Fosaa 3028 9tso
<br /> P�q 2 cf A
<br /> '
<br /> � • , r
<br /> ---��.:�s•s.--- �
<br /> --=_— —_—=' S:Y�f1I�2�ies�------
<br /> � — ��`:�j --,-�-=�'�j` '�.�'�t�,. . e �s��w�
<br /> = _�•'��_:��._���"`�� � - �.�; -- ___--
<br /> _ --�-a t,r�'qR`'l�,`�e, �"sa � , y r , fe,`"`�,� _ _
<br /> — ���d..��;.,� - `� �' ��`'•„�r�Q`Q' --
<br /> ,
<br /> -,, - ..: . . . . . , .. --
<br /> �7i�k::?iy�'��L ,�+}'��eM.Y., t� .tt�4�R�.,y . . � .�. M'� #4,.c. '.`.� ,. ; ., �,w__�
<br /> "iCh�F k 1M1T�-J'-7 � `� "+Y'�i.f'�� .. _..`� t Gs�(�'�• ,-:s ,�S�iD .~� . _ _ ___-. _ _ _--.. - --_��..
<br /> �' t _!� G ye s :�7irY ^ "4 y��X�iS-•n�'.�1rXi �Raor+� —
<br /> ��q�Tj —�,� 'q .1j a� . !. j^r5�'{-t
<br /> - _�L,'�,��� t��� �� Ff +f ...�:Vt.� �, �
<br /> ��i�I!:� .rc..+��11►�� �„f,. .' �k'�rv�k�. . . .:r �r. -� . 1:��.,l>S.�+e��:�;_..::.--------�
<br />
|