|
�+'�IRI�V • i :1+:,�. .
<br /> � ' . . - ' ��i5�,i;+`.:� .. ..
<br /> - " ' r:��.. ..
<br /> . . .. .,�i: �
<br /> .�._� .
<br /> .�...
<br /> . .. '_ ' " �s..��- .�, � . i . . . ,� . , . .__�._� ..."
<br /> ,. . n.. . r� - ' _
<br /> , �, ���� - •r�b- i.�{'!��Ikt+�-�.�t��i(� ,... . —
<br /> ., i i . � .. �r�1 _h,���.y...'C:!P!D4�'7!'._bY}?'l�![�i!'?T,�,.,]�'••ll.:. .. ........_.... __�.�..,.__.. ._.._,_.._.., _... . ... - .
<br /> °�_�� . .. _ . . . . .. . _ .. ._...... .. .. .., r -.r+.rRpQ��=:
<br /> -�� � 96=�.�i'7�'� --
<br /> , 'I'pC3�STHBE� 11►1TN1 all thc improvcntents rtow oP hcrcnft.�r crecccd on Q�c property,and dll►ascmcnts,nppurteannces,nnd ,
<br /> C►xtu�cs now on c�r�fter a p.vK of ahc p;nperty.All repinsxmcnt�[�td edditions sha11 elso be covcred by this Securiry T��stnemcn� �'
<br /> � �ll ai t���faregoing i�eetexrcA t�in�is 5cc�arity]nsteai�ie�t�±v t�ie"Frnp4�ty:'
<br /> BORROWQR COVENAN'I`S tliat IIorrower is Lawiully seIsed uF ttio cstaic hcrcby convcyrd nnd has thc dght to grruit and
<br /> � r canvey tho Propeety and diat 1ha Propesty i� ur�encumbered� oxcept for encumhrtuices uP rec�rd. Bor;�we� w��a�-�ts and wtll
<br /> defend generally the UUo eo tho Pro�perty agalnsq�11 claims and demands,subject lo any encumbaa��ces of record.
<br /> �'. THI5 SECiJIt1TY INS'iRUMF3N'P c,o►wbines unlfomi covennt►ts fnr netional use and non•uniforn�covenan�v with limited
<br /> '''�'�s��, -
<br /> vurludans by Jurisdicdon w canstituto u unifoem sect►rity inswmcnt coverjng real property.
<br />_.�.5 Wi I1r�iDi21Vi COVAta11AN`['�.Borrower snd Le�id�+cove►ient a�id t�rc:as lollow�: ,.
<br /> ��'--�� 1.Pa�ment ot Principsl and Inte�ti Prepayment and L�te Charges, Bonower shall prompdy pay when due the -�_-
<br /> -� pdnclpnl of end inter�t on tho d�bt evtdenced 6y th�Idoto snd nny prepuyment and late charges due undcr the Note. 6 7
<br />-.::..:.�:.�.
<br />-_ ,-°a�' 2.F'unds fu�Taxea pad InaurAna. Subject to a�licablo law or bo a wriu,en waiver by Lender, Borrowcr shall pay to __
<br /> - : ,y��' Lcndcr on thc day monthly payments ero dua undar thn Nots,until t1k Note is�id in fnU,n sum("Funds")for. (a)yearly taxes �;;`
<br /> end assessments which may attein pdoalty ov�r thln Sccudty Iasteument as a llcn on the Property;(b)yanrly leasehold payments o:�
<br /> _,, n*
<br />:�'t;:c�:• . or gronnd rents on the Property,if any;(c)yesieby tu��.e�d or p�op�rty insurance prerniuma;(d)yearly fload lnsw�anco premiams,if ��-
<br />-➢i�;�(+ ' any;(e)yotuly�r�ortgego insuranc�e premiums,if any;and(�any sums p:�yabla by Borrower to Irnder,in siccordanca with the _
<br />=,r•�'t`r� provi�bns af paragraph 8, in ti�u of the Fayment of mortgage insurance pnmiums. 7t►ese items are called "Esamw Items." _
<br /> ���� Lcnder mAy,at nny tim�,calla:t and hold Funds in nn nmount nat tc aacee�!tho maximum amaiu►t a lender for a feder�!ly related —
<br /> mortgage loan cnay irquir�e for Iiorrower's e.�row occount under the federa3 Rexl Sstata Settlement Pracedures Act of 1974 as
<br />- ��'"""'� untndeQ firem titno W Wtte,12 U.S.C.Section 2bd1 et seq. ("RESI'A"j.�uile.ss another!aa that npplies to the Fwnds seic a lesser
<br />_"�'�� amount If so, Le�der may,at any pme,coL'�ct and huld F�u�ds in a� a►mount not t�oxceed tho lesser emount Lender may f
<br />::;�;��j estlmate the amaunt of Flui�s due on the ba�is of current data�nd reasatab}a RsGmates�f�xpendiaues of funuc Fscro�v Items or
<br /> """—``=' atherwlsc in accordmce with applic.�bk law.
<br /> "'�"i�� The Fund�s]r,iq ba held in an ins�wrion evhnse Aepostts are insured by�fedeaal egency.instruc�entallry.or e�ttiry(including
<br /> 'y�,�.ii�
<br /> Leader�if i.end�r is such en insn[urion)or in any Federel Homo L.oan Bank.Lender shall appfy tho�nds to puy the Sscrow
<br /> j�_a�� Items.I.endu may not charge Borrower for tiolding and applying tho FY�nds,annu�aUY analyzi►►g the e.�craw account,or verIfying
<br /> the Fiscrow Items,unkss L�ender pays Borrower inte,rest on the Funds end epplicable law permits Ixnder to i�aica sur.h a charge.
<br /> - - --= Howevu,Lender may require Bonower to pay a onatirnc charge for a� independent mil estat�taa reporting serE��e ased bY e
<br />—::4:� Lendcr in connection with this lc�n,unless a�pUcable 18w provides othexwisa Unless an e�rreement is made or appllcabla law
<br /> __ — rcquuea intars2 to be paid,Lender shall not Qxs requlred to pay Haraa�r nny interest or eamingA on the Funds.Bonowcr end
<br /> —_ - I.ender roay a�e in vuriting,however,that interest shall be paid on�P►e�nds.Lender shall give to Hormwer,without char�o,mn
<br />��� ann�al accountung of the Funds,showing credits and debits to the F�nds und the purpose for which each debit to the FuRds was
<br /> --:� mada'llie Funds Are pkdgod as eddidonal secariry for all sums secwed Dy this sxunry inst�umen� °
<br /> -- -- If the Funds hnld by Londu eaceed 1he amounts pemrittai W ba held by appUcable law,Lender shaU accou�t to Borcower fer
<br /> --�—� the exc,ess FSands in nccordancc with the requircments of eppllcable law.Tdi the amount ot'the fimds held by Lender at eny time is
<br /> -=—_= aot suff,cient to pay the Sscrow Items whm due,Lendu may so nodfy Barrowcr�n wrlNng�and,in such cage Borrower ahell pay
<br /> �=� tca I.�cnder aho amount necessitty m make up the deficiency. Bonower shaU make up the deficiency in no more then twelve
<br /> --- monubiY PaYments,at Lu�r'c sc�^c discrction.
<br /> --- Upoa psyment in full of all sums sccw�cd by this Security Insmunent,Lender shall pmmptly refund w Bomow6r any�nds
<br /> �'—' held by Lender.If.under paragraph 21.Lendar shall acquice or seq tho Propaty.Lendec.prior to tho acqulsidon or sala of the
<br /> � Prope�ty.shaU�pp13r any Funds held by l.end�r at the tLne of acquisition or saLe�v a crsdit aRainst d�e sums secured by thie
<br />-----� Sccur.tty Insirumon�
<br /> — �.AppikAtion of Payments. Unless applicable law pmvjdes atherwise.all payments rcceived t�y Londer undor peragraphs
<br /> — 1 and 2 shall be�pplial: fust,l�ranY �repaYn�e��t charrgas dne unde:i,.c Natc;s.�ond.W�tnount�psysble ander paregrtq�h 2;
<br /> -- •1.2...1 n.iw�..�.....tnn.inn.ai. t.��►inri�al Anr�i7pf��ACt fA Ai1V IA�E!C�19IQC,4(1110 UOGC'.r I�IC NOLC.
<br /> ----__---� ...�.w w.....�..,.,...�..�.��.........�-'_'_�— _ -
<br /> 4.C6argeai;��"B�rrower shall pay All texcs. asscssrnents.chargav.Cur�cs end impositions �ibutable to tho Propc�:y
<br /> - �' which may ausid prjorIty ovei this Sxuriry Instrument,and leaschoid paymenu or ground rents�if any.Borrower sEiall pay th�e -
<br /> obligations in the rtr�nna prorklocl in pamgraph 2.or if not paid in that manna,Harower sQ�aU pay th�n on time direcdy to tho
<br /> pason owed pa�ymerit Borrowar al�all �momptly fumish to Lender all nodses of emounts to bc p�d uncfer thi�psrograph.If
<br /> Borrower m�ices these payments direcdy�Borrflwer shall promptly fuenish to I.cnder rcoeipts evidencing the payments. _
<br /> _. gcxrowu shaU pmmptly d�chargc nny llen whkh ha�priodry ovex�t3iis Sxurity Instrur�sent unloss Borrower.(a)Agrces In
<br /> yvritinng w the payment of the oBBgadon sccnmd by the liec�in a mannex ncc�ble w I.cndu;(b)conusts in good feith tt�e ikn
<br />_- — by, or dcfends egainat enforcCment of the liVn in. legal �mc.eedfnga which[n the I.endcr's opfnion operate to prcvent thC ,
<br /> _ -- enforcement of tha Iten;or(c)3ecures from thc holder of¢he Gen un egretment sadsfacwry to Lendcr subordinating the Ifen w
<br /> -- this Secority insuument If Lender detem�ines that any part of the Praperty is aubjoct w a licn which may awain pciairy over this ,
<br /> — = Security Instrum�cn�I.ender may glve Borrower a uodce identifying the lien.Borrower shail satisfy the ifen or tako one or more
<br /> —'� of the acdons set forth abova within 10 dnys of the giving of nodce.
<br /> — Form 902f ol10
<br /> _ __' �•e8(NE)loai��.o� Pap�2 ot E inmai�:_
<br /> --_ ��
<br /> ==��i':rel ,
<br />—
<br />
|