|
_ . �;,
<br /> ;;� ;
<br /> ; �'� �� ' --
<br /> �,� - - --— ------ -- —.. _
<br /> � � _
<br /> ;- -.�,.
<br /> -. =•�a� W, , �, . . . . .,� _
<br /> ��;xt r��.����. � +: � .,..,�
<br /> .. K,lr.y���laeti�QfS:_�Yi1K�t:w 4. ... ...�.1���k�ii�0.9.►4 .. 'W�!•.. ._f,J:'I-^"���•! _ �%S F'6�u,_.. -_-
<br /> d�.SL.d- - --=.,�. - - ...W..:._�.._•..�a.m�.vri..- - .._..�._ __ ._..__._�.___`_..__._.. -....__ __
<br /> .��.,.......� ..
<br /> ..�,.
<br /> _� ��
<br /> ..,. ,..���..ri.:,.:."R;m'l7�if'rac?a—....R_
<br /> 1'.i,� .,.�n.� - 1 ::'•:�•'il�' � . - _ . —_--�..--_�.__� .
<br /> �� ������
<br /> T(l(3�.TNE?R WITH all ihc improvcmcnts now oe hcrcaRcti•r.rccted on ihc pruperty,nn�i n�t�iscmcnts, appunenanccs, nnd =
<br /> fixwrc�� uow ur hereaftcr u nart ��f the property. All repinccm:nls an�1 ndditions r:hnll also bc arvrrcd by this ticcurity �.
<br /> Instrument. All uf tl�c foregoing is referred to in this Sccurity lntitrument ns thc "Property.'
<br /> Fs�RFct��1�Ft CuVENni•iTS ti�ui ?�nr«w�r i,I���vf�ity,e:1;c.t c��titc esta.e lici�ctry �rnv�ycd and hrys thc rigtit uti g:�tini and
<br /> convcy thc Propirty uiid that thc Property is uncncumb�rcd, cxcept fiir cncumbruuccs o(rccurd. kiorrowcr wnrrants und will ---
<br /> defcnci gencrnlly the tiUe to the Praperty n�al�ist nll cl:i9ms auid demunds,secbject lo any cncumbrunces of recorcl.
<br /> THIS S�CURCfY INS'fI2UMEN7'combinc� uniform ci�vcnants f��r natiuiicd usc :�nd nan•uniform cavcnnnts with limital
<br /> �
<br /> varintions by jurisdiction to cansUtutc i►uniform sccurity instrurticnt c��vcring rcal pruperty.
<br /> IJNIFORM C6VENANTS. 8orrowcr und L.cndcr cnvcnnnt.1nd ag�•cc ns follciws:
<br /> I. Puymeni �f f'rl�tctpal und Intcrest; I�1'CpA�'OICDt All[� I.AtC CIl{II'[;R'I. Borrowcr shall promptly puy whcn duc thc
<br /> princip:�l of und i�itcrest an the debt evidenced by the Note nnd any prepayrncnt nnd late charges due under the Nate.
<br /> 2. Funds for Taxe.v nnd lnsurnnce. Subject to tipplic:ablc I�av or to n wriuen waiver by I.ender, Borrower shall pay to
<br /> L.endcr on the day monthly pnyments 1rc due under thc Nato,until the Notc is paid in full,n sum("Funds")for: (a)ycarly tnxes
<br /> and nssessments which ms►y attnin priority uvcr tlds Security Instrument us �lien on the Property; (b)ycarty Ieasehold puyments �
<br /> or ground rents an the Nraperty,if uny;(c)yearly luv.ard or property insurance premiums(d)ycarly flood insurance premiums,
<br /> if any: (c)ycarly mortgage insurancc premiums, if uny;und(� uny sums payable by Borruwcr to Lcnder, in accordnncc with
<br /> the provisirnu of pnrngraph 8, in lieu af the paymcnt of mortgnge insumnce premiums. 'These itcros arc callcd "Escrow Items."
<br /> I.ender may, nt any time, collcct and hald Funds in un amount not to excced the maximum a�nount a Icndcr for a federnlly
<br /> related mort�age lonn may rcquirc for Bonower's cscrow uccount under the federul Real Estate Settlement Peocedures Act of
<br /> 1974 as amended from time to temc, 12 U.S.C. Sectlon 260! et se�. ("RESPA"), unle�sanothcr tuw that applies ta the Funds .
<br /> sets a lesser amount. If so, Lender mRy, at any tims, collect and hold Funds in un urnount not to exceed the lesser amount.
<br /> I.ender inay estitnate the amaunt of i'unds due on the basis of currcnt daYa nnd reasonable estimates of cxpenditures of future
<br /> Escrow Items or otherwise in uccordnnce�vith applicable luw.
<br /> 'The Funds shall be held in nn institution whose deposits are insurcd by a federdl agency, instrumentality, or entity
<br /> (including Lender,if Lcncier is such an institution)or in uny Federal Home Loan Bank. Lender shall npply tlie Funds to pay the
<br /> Escrow Items.Letider may nat charge Horrower for holdin�nnd applying the Funds,annually analyzing the escrow accc�unt,or
<br /> verifyin�ttte Escrow Items,unless L.ender pays Honower interest on the Fw�ds and applicable law permits Lendcr ca m�ke such
<br /> a chnrgc.However, L.ender may require Borrower to pay u one-time char�c for nn indepcndent rcal estnte tt►x reporting service
<br /> uscd by Lender in connection wtth this loan, unless applicable law provides otherwise. Unless an agreement is madc or
<br /> applicable law requires interest to be paid, L.endcr shull not be required to pay Bottower any interest or earnings on tlic Punds.
<br /> Rnrrnw.»�ri L.r±nr'r�r may ��rr�in writin�. howevcr, thst interest shall be oaid on the funds. Lender shall�ivc to 13orrowcr,
<br /> witho�t churga, an annual accounting of the Funds, showing credits and debits to the Funds und thc purpose for �vhich each
<br /> debit to the Funds was made.7'he Fl�nds are pledged as additional Fecurity for ull sums secuned by rhis Sec:urity Instrumant.
<br /> lf the Funds held by Lender exceed the amounts permitted to be held by applicable law. Lender sha`I�ccount to�uirower
<br /> for tl�e excess Funds in accurdance with the requirements of applicable la�v.LE the nmount of the Funda hold by L.ender at any
<br /> time is not suf�cient to pay the Escrow Items when due,i.ender may so notify Aonower in writing,und,in such case Bono�ver
<br /> shall pay ta Lender the amount necessary to make up the deficiency. Borrmver shall mu�e up the deficiency in no more tl�an
<br /> twelve mouthly payments,at Lender's sole discretion.
<br /> Upon payment in full of all sums secured by this Security Instrument. l.ender shall promptly refund to Bonower nny
<br /> Fun�is hcld by Leuder.If, under paragraph 2l,Lender shall acquir�or sell q�e Property, Lendor,prior to the acquisit[on or sale
<br /> of th�Property, shall upply nny Funds held by Lender at thc time af ucquisition nr sale as A credit aguinst the sums secured by
<br /> this Security lnstrument.
<br /> 3.Application of Peyments.Unless applicable law provides otherwise,all payments reacived by Lender undcr paragrnphs
<br /> 1 and 2 shall be applied: flrst, ta nny prcpayment charges due under the Note; second. to um�unts payable under pamgraph 2;
<br /> third,to intcrest due:fourth,to principal due;and Inst,to any late charges due undcr tlie Note.
<br /> �S.Chsrges;d,lens. Burra�ver shall pay all taxes,ussessments, char�es, fnes[utd impc�sitions nttributable ta dte Property
<br /> which may attnin priority over this Security Instrument, und leasehold payments or ground rents, if any. Borrowcr shall pay
<br /> these obligations in the manncr provided in par.►graph 2,nr if not paid in that mznncr,Barrower shall pay them on timc directly
<br /> to the person owed payment. Borrower shaU promptly fumish to Lender all noNces of arnounts to be paid under this paragraph.
<br /> If Borrowcr mukes these payments directly,Borrowcr shall�romptly fumish tv Lendcr reccipts evidencing the payments.
<br /> Borrowcr shall promptly dischargc any lien which has priority ovcr tilis Sccut•ity Instmment unless Borro�ver: (a)ugrees in
<br /> writ�ng to the payment of the obligation sccurcd by the lien in u manner ctcceptable tn i.ender;(b)contests in good faith thc lien
<br /> by, or defends against enk'orcement of the lien in, legul proceedings which in the Lcnder's opinion operatc to prevent the
<br /> enforcement of the lien; Qr(c)secures from the holdej•of tho lien un agreement satisfactory to L.ender subordinating the lien to
<br /> this Security Instrument. If[.ender determines that uny part of tlte Property is snbject to a licn �vhich m�y nttnin priority over
<br /> this Security[nstrument, Lender may give Borr��wer a notice identifying the lien Borrower sl�all satisfy thc lien or t;+kc onc or
<br /> more of the actions set forth ubove witl�in 10 d:�ys of the giving of notice.
<br /> Form 3028 9/90
<br /> PeOO 2 of�
<br /> ___�__ ..� - �.�.�e._a.
<br /> �_ _ <aa.xg.:: .Y.!��� �`����Fi�"__:,�.nW�A L �' �., v . � - - ".
<br /> n.�.as� ...' :t r��, 4 M 7 � .� u�..�. '�' -
<br /> '_ - u'�rr���y.�i re� �' .r.''yr�RY►+�Fr n r r.•Y ��t .-jyw. .'�t�'�LFar.ra�o�•_ ��- � -_
<br /> ��� �'� .`�. .. ....... ....... J.r - _ �
<br /> �'a` Y i �.t. _`1r.�r��..k. r .i t--v.C. � `rr . .,ei�°v'c" --
<br /> 5 y�i'�xj���� 'R y '''Q.�:ti�.'..���� Y�4 �� `���r� . '.a,`hPdrf�"r _-
<br /> . . �` ".'k'Tu.:,c-�-.m,.° �,'. � - - - - 3 �' ° .�ie+u .�vct�. �, -. _� -
<br /> � -cy�'.�rrt,,arp .� � '�;:q v,,ir,;,,��`�ii'n,' � �.v..'. ..t.� �R- � • i X^ rc �� -�
<br /> --a�^+r.jl:fi� �:�� '�a i�.(.?- /�""� _ f� _ .l, '� °.°�-- z � �y�1i�Y` _-
<br /> 1-� 'tna �f '{,t ��y�•.t :+��;J�,�. �l ' 3i"1 •��'•"f,'A � i �
<br /> _1.�.� nt� �1 �J(t 1 3�; �.r a}j � n . � ( t. . ) . J � � rM
<br /> �yd � ' L IrY= � -
<br /> -s7°%rn' Q "d- _ ! �f: ' ' . .i::>r.`�.• . •"�fi�+�z1"''Gt��`�.�}�,( -
<br /> . . tY hi� � � �� f .. -. _' _ -�ae� 4�. II M�IK�� iWt�W1`
<br /> _..z ` h . -� ; f: .���.. �LR'y ___
<br /> '�"'� \(: _ . h�M t , . }� '7t. i 1'I�+XB�!}
<br /> :(d'�. 5�1- Y+61� _ - .v � t :i� �����'..��..
<br /> _�-�',�` •��}, t�,� :t•���: J� .t ''�. �!. :4 '?''.i''y;��+�.: -�.Ytt�-__— _ —_—_-_ ---
<br /> . £ �'fl,i'r�k a `.1�"V r�{ � ni / �t�f� t�,•���IM 3�'�y`';� y��y��_Jy�'�{•`'�� i L��L.:fy i1'[�{' �� . - - --
<br /> ��"'R^•t j�- +K-1��' l� ]' }�'�i��1` .4t�"�i 4Y'.�� h � ,_ �'��_�,
<br /> _.�7� .t..+ti� . r. }. .'.y 7�: � ��;1,i'�y��.•,���-� r' T�� 4��ti.�..r � yy '.o��•rua �..__��..�a..
<br /> i._ . . '1V�.' .`. ' S . t- �•. ;; � • .� .' .a1dF4SR�.CYt�r.to�vei'.
<br /> _ .�'i',;; .. , :�,Y���1r; ' .- ' � ' • T' ,7_ �„�......o.�.,�o
<br /> Q . �, . � , , . �' r p�.-�.���•M
<br /> . �. ..,. .
<br /> . ,.. , . .. , �' `�'�`"{^s
<br /> 1
<br /> . - .� : - , r r� ...e.• f'....:L�:a:.�l.- ....�aL�..a:.1. __ —_—
<br /> �E^JtJ.a. �:.:. ., i•.' . .. ._ _.� . _ ..__ �
<br />
|