|
�_. .- _., _: _ . . . _ _
<br /> . '=;���:� �� _- _ —u � � � �--� �:�r:;;__�
<br /> _ ._ , �z:-- �.w;��•'�; ; . . _ , _ . _ -- -
<br /> , . . _ --— - — �
<br /> --# . -._. __.. ... -- . . .
<br /> J .� __� _—_; _ _ • k_ ` , : ,
<br /> . - . : _ , , - � . - . - .... - -- �g2--�o�t�� -
<br /> . - . . . -
<br /> � . , = '(�OGEI'�iER 1�'fH al!wc impeov«naus nm�+'tx ne�e�na te�cteda a��ddrt�''on�ys sw!!�6e�by�
<br /> and fixwoes now ar 6atatter s put of the�pcarpesty. A11� ,
<br /> Imaunxn� All of the fa!egoing is sefened ta in tbis SavritY Insttumau as the"Pioperty°
<br /> BOItROWFR CO aVENad�the�Fmpa�tywis r�sw ��.exapt for e�wnb�r�ncesc°Yen�d�8amwernw�ir�us a�nd
<br /> aed coovey the Ptvpe�ty ,
<br /> w�l defeod gaurally d�e utk w ihe Ytvperty againu aI!ctaims and de�aands.subjoct to my e�cu�barxes of cecoc�
<br /> ----- .— -- T�gS-SECt�Rtl'�F E�iS'#Ri�+�t'c�mbi��utif'am��rsaaeus foc na�t use u�d paaamifo�m cav�nts vri�h
<br /> iimited v�riuioas 6y jorisdiction to'caoscit�tt a uni�am securiry insaument covering ieal p�opecty. .
<br /> � tJNJIIURM C�OVENAN'fS. Bormwa and t.atda c�vemnt aod sgax as follows:
<br /> 1. a�e.c ot rri.c�a�a.a tata�est;Prepa�emt and Lars Ch�e�n. $ormwer sh�il promtxl}r pay w�a aae the
<br /> _' = princ�i of aad inte�sst on ttrc debt ev�encod 6y tAe No[e and any p�epayment a�d late.chuges due under the Nate.
<br /> ' �luds tor'li�xa ud I�rsnca Subjoct ta applic�bte!aw or to a vmtten waivaby t�rnder.Bacowa st�ll pay to
<br /> "� l.ender on the dajr inonthlY WY�nts arc dae�der d�e No1c.uaW thc Note is paid in fiiit,a sum f"Fesnds")fa:ta?Y�Y
<br />.=?� taa�and as.uss�neats which may apain pri�tn���dris Secwity inmum�nt u a lim on the Propary;(b}Y�Y��
<br /> PaY�n�o�'�nd tents on the Ptapettg;�.��:i���1Y ha�a�d°�RaP�Y �P'��uzns: (d)Y�Y �
<br /> ;nsutance p�emiums.if em.(e}yearty R��P��,��Y:�t��Y s�P�Y�� �3►Borrawer to
<br /> I.eodet:in accadance with ti�e povisians�����8�in iicu of the payment of matgage�nce preauums. 'Il�ese
<br /> ite�ns are called"Fsc�ow Items.° Laxier may:at.a��coUect utd hold F�ds in an amount not to ezceed tLe muimum
<br /> amovnt a Iender for a fedecally related mortgige lo�c�requice for Bomower's Gsc�ow acc�►t uRder t1�e feder�l Ra!
<br /> � Fsiaoe Seulemeat Proced�ars Act of 197a as amet�ded�time to t�me.12 IT.S.c�2601 er seq.("RFSPA'7,unless acwther
<br /> ' f la�v that applies to the Fvnds s+�s a tesser amount If so,€.ender may,aE any time,ceIIeix and hotd Fmid.s in an amouAt not to
<br /> . eaceed the tesser amoant. Lender may estimate dx amoant of Funds due on the basis of cozce�t daGe arnl�eagonable ----
<br /> - ,,.� _ esdtnates of expeaditac�es of fututie Escrow Items orotherwise in xwrdance whh applicahk law. --
<br /> ' . '1'he Tvnds shal�6e GeW in an mstitution whosc deposiu are insurcd by a fode�al ageocy.instFUmeataliry. a entity =
<br /> - :�` (inaluding Lender,if i.aider is snch an insaitation)or in any Federal Hane Laan Bank. Lerder shalt appiy the Pia�ds to P�Y
<br /> , ' the Fscrow Itetns. Lender aaay no!charge Bonower for ialding aad applying the Cvnds,annually artalyzing lhe escrow =_--
<br /> _ .,�.;.: ' , account,or verifying`t�?e Escrow Items,unless l.ender pays Borrawer inte�est o�the Funds and applicable law permits :.��_�
<br /> . _ - " l.eader to make;�a cfsatge. Hatt�ever.l.elider may requuc Bortawer tu pay a one-time cl�arge for an independent ral �� _
<br /> _ .�1.,•::;:<"� estat�tax repoc�g`sei�ice used by Lender in connecdon with this toan.�ntess applicabie law provides otHerwise. Unless an ,.. �5�`_
<br /> ,��
<br /> ' _:.f.;: ag�ramenc is maAe or aDplicable law requires intenst to be paid I.ende�sba11 not 6e cequired to pay Bornower any interest or t ' ..__
<br /> . " ;-_:.�:•.`�. � eamtngs on the Funds. BgiroWer a n d L e n d e r may agree in wn t i ng,ho d r e v e r t h a t i rt e�e s t s h a i i b e p a i d o rt t h e�L ads. LenQer ��.'� -
<br /> " �'�°.�-.� ;.=•_ sball give to Barrower,a3t�o¢�t charge.an annual accouni'sn$of the Funds.showing credits and debiu to the Fi�ds and the '._�;._=-
<br /> "`_ '=r' , Porpose for whicb eac�cte�w the Funds was made. Th�Funds are piedged as additional security.for all sa�s�ured by @
<br /> •�� .`��� ihis Sec�criry Insuvment. .. �J��-i
<br /> _ , �.-��,,_�,i�; : ����`'�`__.
<br /> If the Fio�s heid by �.ender excee�die amounts pem�iued to be held by applicabte taw.L-�er''sha�account io 8�,�..�.� .
<br /> " � �� �,�h Borrower for1�ezcess Fiuids in aecotda.r�e with the requinements of applicabte law. If ihe amaar.':of the Funds held bY "���� �:-
<br /> „ ;�'�?:'.� ` ,�,�, Lender at atry,��rne is na s�cient to pay the Escrow hems when due.Lender may so notify Harower in wridng.and.in ��4� .
<br /> l':����;;:�;����.:'';^'• such case Bar{ower shutt pag`'to Lender the amount necessary to make up the deficiencY. Borrower sfia}f make up the :�},.:,���'"'- -
<br /> ��RM`i S . 1�.��i.))'.':' �.
<br /> - -:�s�s�,;..y r,'�i.•�° .: cteficiency in�aio[e th3n tweive manthiy payments.at Lender�s sole discretion, r�,•°'
<br /> • f`�� Upon gaucnent in full of all sums secured by this Security Instrument,I.ender shall promptty refund to Barower any ���-�
<br /> ; �.:.,:;� � -- ..
<br /> ' . ._ 3•e:,�
<br /> � � ' • ''•:-t: Funds hetd by I.ender. if.under Qaragraph 2l.l.endcr shall acquire oe sell the Property.Ledder,prior to thc acquisition or i;,� ,•` r � '` =
<br /> . ,°�`,:, :�° ,�'';s;' sate of the Pivpe�ty,shall apply any Funds held by I.cnder at the tnce of acquisiGoa or sale as a credit against the sums ';,;: ---
<br /> ', i`•i��•�-��� � secuied by this Securiry Insirumen� i'�:. ..
<br /> ti'=i.�..r.... . ' ;.,:;.. • -
<br /> •. �-�r:•f�:.:.;:�_ 3. Application ot Pxymtats. Unless applicable law provides athefwise.all payments r�eceived by Leader under
<br /> � •' �4;":':.:-ti .: s 1 and 2 shail he a t�ed:�ss�to an prepayment charges due under the Noce:second to amounis payable under , ��,�
<br /> ..',:.,�... ,..,.• �Ph PP� Y, '.��,; . -
<br /> -.r. . ...'L_�.r,":f: � . . `
<br /> ,_;.,.::.• . :, „y 1:,. patagrapb 2;third,to interest due:founh.to principal due:and las�,ta any late charges due under the Note. '''�.;: �, �.;
<br /> •�='>-� �-' f 4. CLa�rges; Uena Borrower s:�aCL�pny aU ta�ces,assessmenss.charges.fines and lmpositians amibutable to the ,_
<br /> � 'r:'t7•.:, :"": ;�,:i :: . .
<br />" .:1yr.:•...: � '�ll.. • ..�..-' . ',.,.
<br /> • t , pcopetty whic�raay attain prioriry oveE�."tia�Serurity instrument.artd teasei:at�payments ar ground mnts,if any. Borcower f �. ;,..
<br />. =L���;;r.;,; , . , sha11 pay these o�bligations in the manner piovided In paragraph 2.or if not pa��n�tnat manaer.Borrower shalt pay them on �•�;�,;,�.;� � -
<br />, � •-:.,�,,, ,..�.. :.
<br /> �, f,;,�.;, , � dme directly to the person oa�ed payment. Bortower shall promptly fumish to�e�:�rall nouces of amounts to be paid undes f;;;;;;;.,'.,,; '
<br /> . .i��,fi��;:{*. �his paragraph If Borrower makes these paymcnts directly.Borrower shall pra�.�I�iumish to Lender tecelpts evidencing f't;;.;'<:s�`.'
<br /> ,,�'i;.>':•' .",:;� ' ' thepaymerlis.• . ti,,:;;;,;,.t� ,'
<br /> • �='--��-: . HorrQw�rshaU promptty disc6arge aay ticn which has priority over�his 5ecurity lnstrument untess Borrower:(a)agrees '' ?I��;t`".' ;' �: 1
<br /> •r,; , � :,�!:�• .-:
<br /> � �;'�'y,_,s'•'. �. in wridng ta ihe payt�ent of the obligation secured by thc lien ln a ma��.�er acceptabla to Lender.(b)contests in gaod faith the .: .,,�T; , .. :__
<br /> � �, �-'�#-r� �.� . 'lien by,ar defends against enfarcement of the lien in,lega l prace e d in�.�w hic h in t he L cn d er s opinioa o p e r ate to prevent the ���.�. ;r<< T-
<br /> enforcement of the tlen;or(c)secures from the holder�r f1�e lien an asreement satisfactory to Lencter cubordi�ng the lien ,.:�:ti
<br /> � '-;�-�''f:;`�..,:i : . ' �'Gc-.:;•
<br /> :...��.. . to Uvs Secutity InstrumenG If Lender determines t!ra��:.�-y part of ihe PtoQerty is subject ta a lien which may.a�.�priority ��,�,�;,,;..,
<br /> ' =:x?�':::"-' -- over this Se�wity lnswment.l.ender mx;give Borrowrr a notice identify�»g the lien. HaROwer sha5 satisfy,.:he Yien or take � •:`,�:,' •..
<br /> : � one or more of the actions set�foN�abovE a�i`hin !(f days of the giving of natice.
<br /> . ' � S. Hazard or PropeMy Insursietcv� Borrowcr shall kecp thc improvcmen�a now existir.g o:here�fter erected on the i
<br /> • ;t,�,�. .. : propedy lnsured against lasa by��e.hai2.�3s lnciuded within the term"extended coverage"and any other hazards.including ! �
<br /> �7;,,�: • floods or flooding.fo��fi�qc3�'L�ttd�r'rzquires insurance. This insurance shall 6e M:aintained in the amounts and fos the i,;i,� �
<br /> . l•F�;y.•, r'�;:�•
<br /> t�� ..
<br /> ' � : Porm 3028 !!!0 Ipag�2 nJh iw.¢rsE '
<br /> , ,.: , .� .
<br /> ;;r!.•,�. �'�� ' . • . • • '
<br /> � .�,!i�a<:�'` . ' � ' � , . . ;��:�.
<br /> . .�,��; . . _ ..',.:
<br /> . � '��jo..��, ... , - . ,�I{�. .
<br /> i�I��t; - ' ,' _ : .--_--� --- . . _ . . - � -.- . . — . . - .. . . . _
<br /> .��.'; �'� [�` ' � , . ,'� , '•r� ' . "
<br /> � n+S',. . ' ' . i ' • � � }i.., � .
<br /> �'� ._ . .. � . - . � . . . , . - - .. ,. . . :
<br /> _ . . �:, ._ _' . __ ' . _ . . . . . . . . . . . '
<br /> �. ..� . " ' . . . � ' ' ' , . . . . _
<br />- '_ . ._ _�.�._..._-1�.�__: .,_.._' '' . .. ', .'
<br /> � � . . . . . ' F . . .. .__ .
<br /> . .
<br /> _ �. .
<br />. . � . .
<br /> . . . 1 ' �
<br /> � •• • • , !s
<br /> —— ' ':_ _ _ ', _ . '. .. . .
<br /> �.- - ' -_ f .._--.. _ _. - ,
<br /> " . . . {. .. - � - ---, _. . --- -—- --- — -._ -_ - .
<br /> ' . .,• :,.. , " j
<br /> • ." , ' , � t . " • • ' � - . - - - - -
<br /> ,•
<br /> .
<br /> .
<br /> .
<br />
|