|
,' �� _ ... . � ..�-.,,�..;.,-
<br /> .r . ' . .•. .. .,._...i. .�. ' � � .�a�y: -.''vl�_-.mm..�y_�,�__
<br /> t!"Ai11B��i � 3_SiC191VT6�•••"'.••
<br /> a.. . ' .. . . .. . -�:.�►;. �ar'.:.f::c.. � �.R i -
<br /> . � .. .. ..
<br /> ,•U ;+!qtY .��� r • .' •..- � ..__. �`� - _
<br /> � � � �.
<br /> _.._..._ .. � • :a
<br /> ..gry. ., , ...._..�.z__
<br /> .rn.fr . . .. . - .. .+�1^'�ii.'S,�i76�'4:.e-Ah:e���l:4. ---------..
<br /> -`di-�:,._,. .._ . .. , -
<br /> ' TOfl�7HER WfTH �II the Impaovemertts naw or hweattar erectad fln the props�ty, and e!1 as�nenta, eppurtenmce�c,and
<br /> (I,;tuad� na�v or heraftaP e part o1 lt�o property.AI replareretenty and eddlt�one ehail aloo be covcrad by thle Secvrlty Innl�vmaist. �_ .
<br /> f.'1�1 Iho foregala�!�retcir2d to In ihls Jr.cu���l 1�9tNI11Cf11 Q9 lhd °r�nn�y.•
<br /> OO�d'r1tiW►:R CQV�'�fAP1T3 thst penowcr I� I�erRil�y cclacd o1 1ho cstgto iiercby convoyed and hs� tho dqM io prnv►1 and
<br /> • convey the properfy end th�t the Prop�rty li une�cumbered, excepl for encuii�hrancs3 uf record. Dorrov�er wananto a�id vtlu _
<br /> �c!�d(�e::��..�!y t4�e t!�!e tn the Prapary apdnat�!I G�Ims urtd demands,eub�ect to nny e�cumhranGes o} record. f8 __
<br /> THIS EECURITY IPlBTAUMENT comMnee unitcvm coven�nte tor mtionRl uae end non•unxortn covenante wlin Hmlteljru _�
<br /> veriellona by Ju�isdlcUon to constllute a unHortn eecurriy Inetrument covarinq reol�ro�serty. � ---
<br /> UNIFORhA COVENANT9, BorrowK�nd l�nd�r covenu►t�nd��N�s fottowe: �'=
<br /> 1.PaYm�nt ar� P►inclpal �nd Int�net; Prap�yrm�nt �nci I.�ta ChRrass. Bonower ehaN prompty p�y wh�
<br /> di�e the�xdnr.;nrl n1 nnd lntereet on ihe debt wldenced by lhe Note and any prdp�yment und l�te chupta due undet�the Nots.(';� I�
<br /> �� Fund�for Yax�� �nd Inaur�ncs.SubJect to pppAc�ble law or to�wrritm waNer by Lmdar, Bortowar eh�N p `-=
<br /> to Lendsr on the d�y manihFy p�ymenta �re d�ae ur.der the Note,untH ths Note la pr�id In full,�, num('Funde")tor: (�) ya __
<br /> tucea md aeeuementa whlch mty �tt�in pdartty over thls 8ocurity Instrument Qs s Ilen nn the Propaty; (b) yeuy I�a�ho _
<br /> p�yments or ground renYa on the Property,N�ny; (o)yeufy hwrd or propatyl Ineunnee premlums; (d)ya�►ty Aooei Insunn �
<br /> presrAums,N any; (ey ye�euiy mortgsge Insur�nce pramlumo,B�ny;and(Q�ny eume payebte by Borrow�r to Lender In Rccordtnc �
<br /> wlth the nrovialona ot par�gra�ph e, In Ileu o1 the payment of mo�tguge Ineurance �remiums. Theee Items ere called 'Eacraw
<br /> Ilem�' lende�mey, nt eny time, collect�nd hatd Funda In sn emount not to exceed ths maxlmum �mount■ lendarr lor s
<br /> IedenPy rel�ted moKpegO loan may requira tor BoROwer'a escrow account under the tedera! Real Eot�te 8ettianent Rroe�luros - -
<br /> Act o1197A aa emended lram time to lime,12 U.9.C.�2601 et seq. ('RE3PA'), unteaa anotha law thRt �ppHea to the Pund�
<br /> eets e leaser amount. 1}so, Lende►may,�t rny t(me, coll�ct end hotd Funds !n an emount not to excced the les�a amount.
<br /> Lender may eaUrr.ato the amaimt oi Funds dua on ti�e htsts o1 cuirent d�ta nnd roneon+�te esUmate� o}expendihtree of luture
<br /> Eacrow Items or othawioe In nccordenG�a with appAcobte Aw.
<br /> The Funda ehall be hdd in an InstkrhUon whose dqaasfts ars Insured by a tedex�l ayency,Instn�mmhHty, or snvry QncJucBng
<br /> Lencier, if lond�r Is euch en Institration) or In nny Fedetel Home Lou� Bank Lcnder ahul eppy the Funds to pay the Eecrow
<br /> Itema,Lander mRy not tihugc+ 8orrower for holdinA end applykip the Funde,annuay antJyzing the escrow account, or v�ityinp
<br /> ilie Eecrow itema, un�it;s� Lenda p�ya BoRCwer Intereet on the �unda end appllcobte law pertniie Lendnr to m�ke sucii u °
<br /> chxrqe. Howavx, Lende�• msy requiro 8ortower to pay a onatkne chuge inr �n indupendent real eeLte t�e rNportinp servlcs
<br /> used by Lender In connectlon with th[a loan, unlese appllable law provides othawiee. Unlesa �n s.graament la r�dn or
<br /> appllcal�S�s law rtqulres (nterest to 13e pa!d,lender shall nat be required to pe.y BoROwer eny Inttrest or e�minpa on tha Fundt.
<br /> Borro�xx nnd Leuder may a�ee(rt writing, however, th�t Mterest shaN be paid on the Funda. Lendx nh�N pk� to Barowt,r,
<br /> r;!l:�sa�t �h.�g�,w^. anr.��e!e�e��r.:.inp ot the Fund�, �hev:;rg crcd;ts enc� c��hR�to the Funds and the purpose tor vih�h aacN
<br /> debit to the Funda wag m�de. The Funds ua ptedgad as addltlond aecurtty for all aams secured by ihe Secunry Instn�ment. _-
<br /> It the Funde hek!�y lender exceed the amounta partnttted to 6e held by epptlaable I�w, Lender ehaN account to Burtower
<br /> IoP th�exceaa Fund�In eccard�nce wrih the requlrwnente ot appuc�ble kw. It tht+amount of the Funde heid by L�sd�r �t�ny
<br /> th�e I�r►ut suMGer.t to pey the Eauovr Itema when due, Londer may eo notHy Bomower In w►itinQ, and, in such caae Barrowe�
<br /> shafl pey to lender th� �mount necassary to meke up the def(cla�cy. Bortower ah�ll m�ke up the dellciency In no mare th�n
<br /> lweNe monthy p�ymenM,at Lender'a soln dlacretion.
<br /> Upan paymen4 In fuN of aM suma eecured by tNla Securtty Inatn�ment, I.e�►der sh�ll prompty rolund to Borrower my Fundr
<br /> netd oy Lanaer. if.uncier panprapi�2i, teriui:oi�i�i s�y-u�ar a�iha °ra^r...^�l�i, l.:aL'.:.,psior!ts!he�:!!e!!l:.n�f aa1�nt th�
<br /> Propertv, ehaN appy Rny Funde hdd by lenda st the tkne of soqutefUon or aale ae a c�edk ey�:nat the oum��ecurrd by thb
<br /> See:u�Ny Inttrumont.
<br /> 3. App11CM1011 of Paym�nts. Unlesa applicable I�w providea ot{�erv+lue, �tl p�yrr.ente recefired by LaidK under
<br /> paragrapi�s 1 md?ahaN be appRed: ikst,to any prep�yment ch�rpea due unde�the Nota; a�cond,to arnounta p�y+�We undx
<br /> pp�y�ap9�2; thYd,to in4erest due; taurth,to pdnclpal dua;end bat,to any lat�+ nhargcs due under the Not�.
<br /> 4. Ch�rpN; 6.9sns. Borrawer shdl pey nll taxe�, esseenmente, altarges. lines and knpotR{ona �did�utt�bl� to the _
<br /> Propaty wh{ch may ati�ain p�iodty qver thia Sncurity.InaUument,nnd lersehold pnymmts or qround ronte,H ony; flartower�hrl
<br /> pay theas obRpa@one in lhe rnrnna pr�rkkd k► pa►apnPh 2� or N no4 pdd in that m�nnx, Borrower �shaN pe�y tfian op tirr�t
<br /> dkectly to the person owed payment. Buirower eh�ll prompty tumlah to Lender MII noHc�a of�mounte to b�pakl under lhie
<br /> pRrapnph, tf Borrowur rrhkes these �yments dk�cty, Barower eh�fl prompNy tumleh to Undu ncMNts wW�ndn9 iti�
<br /> p�►yin«►te.
<br /> 8orr�wer shaN prompty dbcharqe any Nen which h�s pdodry over thla Searky InaUum�nt unf�es Borrowar (�)a�a in
<br /> writlnp to th�paymer►t'of tha ob�ip�tlon eecur+d by lhe Ae�� In s m�nner acceptu�is to Lender (b)contsste In pood takh the
<br /> Ilen by, a d�hnde�q�tn�t enloro+�nent ol the Ilen in, legd proceedlnps wh�h In th� LKidK'e opinion op�nt�to p►w�nt th�
<br /> eniacem�nt of ths Men: or(C)eecun,e from ths holder ot th�tlen un apre�►ieM eatl4iactory to L�x+dtr subarditwttnp th�Mern 10
<br /> thta 6ecurky in�trumant. B Londor dKertr�ines thet any put o11he PropMty la subJadt to�N�n whkh t►�y att�ln prkxNy avK ihia
<br /> S�ourKy Instrum�nt,I.andu rnMy ptve k3ortower a notice IdentNylnp.the 8M.�orruwer ehNl ealhfy th�W�n or te�lea on�or mu'e o7
<br /> the�cSone sK itxth�bov�wHhh 10 d�ye of the gtuln8•oi notk6. .
<br /> 6. Ma�[�d or Prop�rty (Itsu��ltC�. Buirow�r ahaN keap the Improvemente now eodaUr�p a her�utlM�ect�d on th� _
<br /> p�ert�Inaured egNnat bsa by fk�, haz�uds hduded wRhtn the tetm 'extended covenpe' ufd�ny oiher 1�s�rd�,Mdudhq
<br /> Au»da w Aaodhp,Nx whkh Lender requlns Ineunnca. Thia lnsurance ahdl be rtwhtrined fn tha�mounte atfd for ths pKiode
<br /> ih�lander►equk�, The inaurana+canier providN�g the Insurence eha11 be choaen by dortow�r subJect to I.mdar'e aq�rv+rtl
<br /> whlch sh�l not be unre�son�bly wfthheM. tt BOROW6f 1�II� 10 flWl(IS�IfI CqVEA�daiqibad�bQVf, Lendq�m�y. �t �mdr'�
<br />_ optlon, obfaM coverepe to protect Lender'a dghts fn tAe Properly In accordmc�f w$h panynph 7. -
<br /> AN Insurance poliolea �+nd renawds ahstl I�r� uccept�ble to I.ende► and shaA Ind�d� a etandud moriflape daues. Undrr •�
<br /> eh�ll haw tha r1�M tb�hdd the polrJee md ronewala. Ii I.ender raquk�es,Borrowe:sh�N promply pke to l:onder aq rocdpie ot •
<br /> paid pradums�nd renawel noUc�s. In the aveni of tosa, eorrower eh�ll gka prompt notks to the tnsurxnco•arttsr md Can�lnr.
<br /> Landa�,m�y m�ks prool 01 Iqsa N noi mad�promptly by Borruwa.
<br /> Unlees Lender end Borrower othsrwlso e�in writlng, (naunnce proceed� eh�N be applietl to reatonitk�n or repsA of th�
<br />- Prapx:y dam�p�d,M the restorn�on or repek le econanlcsNyr teaefWe nnd Lenderb eecurHy le not less�nsd.•ft th� roetonUon ar
<br /> re�k ta not �conadc+dy(eacibie a lender'e eecuriiy would be lessened,the hsurence proceeda ehrll be rppNe�7 to the sums
<br /> necured GY thls S�cuhry Inahument, whether or nnt thm due, wkh eny excese peld to gortuwe►. I} Bo►rower �b�ndonn th�
<br /> PfGpMty/,or dots not aneHer vrkhtn eo diys e nonce irom Lender ii�si ��is i�ww.��ca wiiiii,ii�5 G}iww t� S�i6�'w�:S� ohou
<br /> Lendcr rt�ny cdlei.K the Maurance proceeds. Lendar rtwy use tha proceeds to ropair or rantora ihe F'ropaty or to pay�vms
<br /> secured by thlo 3ecurity Insttument,whether or not then due. The 90�day perlod wIM begin when th�noUce la qhre�.
<br /> lfnlees lender end Rorrower othenviso agfoo In wrPting, any appWc�Uu� of proceeds to prfndpiJ s�eM not extend or
<br /> ponfpan�the duo dste of the monthy piymants zsRerted to In pangraphe 1 �nd 2 or chanpn tho�meunx o!ihA p�yrnents. It
<br />- under pan9nph 21 tha Prop«ty Is acQulrud by Lenda, Borrowet'e dght to any Incursnce paNdee u►d prer.n�da reauFtlnp from
<br />_ dam�gs to th� I'�opKty p�ior to tAe ncquisitlon sh�il p8s� to LendK to the e�Rent o1 the eums by thla Security InsUument
<br /> Imtrwdi�tNy prbr to the�cqulsNlon.
<br />= 6. �eug�nay� Pnsarvitlon, Maintenanee ��td Rrot�ctlon o4 th� Prop�ety; �orrow�Pe Lo�n _
<br /> � AppliClitlOni Idl�hold�. Borrower shall occupy,eatabYsh, �nd ua�the Propaty as Oorrower'e pdncip�l residence within
<br /> sixly daye atle� 18e executEon of thia Secudty tnsUUment nnd ehaM ctlnt:nue to oacupy ths P�operty► aa Barower'a prkidpRt -
<br /> _ resMmae for et leest one yee atter the d�td o} nccupancy,untesa Lender otherwlse a�In writing,whlch conaent ehW no!
<br /> - ba unro�eon�hty rvrihhetd,or uNose oxtenuaUnp ckaamatences oxiat whlch�re beyond 8o►rowar'e control. Barowe� oh�ll not
<br /> - destroy,dsnn�gs or h�k the Prope+ty,�Aow the Property to detehonte, or comrt�it wasts on the PropMy. BOROWaf 6h�N bD If1
<br /> del�uk H�ny lorferiuro�ction a proceedinfl, whether clvH or criminN,Is b:,gun that In lender's goad taflh(udpment coutd resuR
<br /> in lxfedture o1 thm fkoperty or otherwise rt�teri�Ny(mpsk the Nen creeted by th�i uecudty Instrumer►t or Lenda'a oecurity Mte►est.
<br /> - F�s�e.uea�rss� Pfloe z u}s ______.__
<br />� i00000se
<br />='J
<br />
|