|
_'r'Y' . . . � . ' /e. ... . _ ....:i'. . . . ' , �f -4.�.
<br />. . ,.r �" -��' r �S+P' ',�:rev�L«&tei� ^ :
<br /> � 4�zI t
<br /> � '
<br /> 6- �� �� �=-°��
<br /> • 'PO(iETTtIER W[TH�1!the imvmv�nenas nnw or hereafter erecte�oa the propertY,and�ea5emcnts, ap�p�i�i.�e�ces,and -- T-
<br /> � ,.>
<br /> � fixtures u�w or heseafter a part of the Q�oF�rtY. All rcplaceareents und addidons shatl aLso de covered by this Security �_..-_-
<br /> Insttument.Al!of th2 foregaing is mferred to in this Security Instrugtent as tiie'Property�
<br /> �..� .
<br />" BORRQVYEFi COVENANTS thnt Borrower is lawfully se'ssed af the estcite hereby canveysd and has the right to grant an� �;T
<br /> can�ey che Pro�rty ru�d th�t the Pm�erty�s ur°,ncumDere�.��Pt for encumbranres of record. Borrower aarrants and will
<br /> ' defend generally the tide to the Feaperc�r aSuinst all claims and demands.subject to tu�y encumhsnnces of record. �N
<br /> � -V =� THLf;SECURI'FY IN�TRtJ1VlENT cambines unifarm oovenants for aatianal use csnd non-uniform coveaants�ith ltmited --_°�,_v
<br /> :� variations by judsdiMion to const�tute a uniform sscurity iYisiett�teat rovering rcal proPertY. �t'""
<br /> . UPIIFURNE COV�eNANTS.Borro.ver and d.ender covennn�t and a�ee as foltows: —.
<br /> , i. Pag�e�t of Fetac�gal and L�terestt �Pa3'm�2 aad Late Cha�es. 8orrower shall promptlY paY when due the �-°�
<br />—��. principal of and interest on the debt evidenced tay the Note and r�ny prepayment and tate charges due under the Note. ��'�
<br /> n --
<br /> - Z.1���s for'H'r�aes t�ad�I�.Su4s�ect to apFl�cable!aw or to a written waiver by Lcnder.Bomo-wer shall pay to �:-`__.<:.
<br /> I,ender on the day�nonthlY PaYmenu ar�da°�ndcr the Note.until the IVote is paid in fuU,a sum(°Funds") for.(a)yearly tmces �r:_
<br /> ' and assessmenss whicH may attain priority ovez this Security lnstrament as a lien on the Pmperty:(b)Year1Y�ea`-et�otd paymeats �,.
<br /> msurance premiuins:(c�yearlS+tlood insurance premiums;
<br /> ` � or gmund rents on the Aropezty.if any:(c)Yearly ha�ar+d or prnperty' i -
<br /> �: ;' i�iums.if any;aad(�az►Y sums Payabte b Barrower ta I.ender, in accordance witli ��=
<br /> if anyi(e)Y�Y��gage insurance p Y
<br /> ;�Fx the provisions of paragaph S,in lieu of the payment of mortgage insurance premi�ms.'[�ese tt�ns are��"�aow items."
<br /> z��t�'., Lender maY.at�►Y time.callect and�COId Funds l�i aa amount not w exceed the coaximum
<br /> amount a tender for a federrilly �'_
<br /> • related mostgage loan maY re4uire for Borrower s essccow aocaunt under the fedetal Real F.�te Settlem�nt Prn�u�s Aa of
<br /> 1g�4�s amendea from drae to eime,12 U.S.C. Secsion 26U1 et seq. ("[tFSPA°).nnless anoiher law that appii�+to the Funds --
<br /> ,�� L � sets a lesser a�ount. 1f so, Lender may.at any time,vo11eM a�d hold Funds in an amonnt not to exoeed the lesser amount. �.:
<br /> "`"," i,ender may estimate the amount of Funds due on the basis of cu�rent data and reasonable estimate,s of exPendituTes of future �.�,
<br />��'�.-=xw`
<br /> �:��f• �scrow Items os othenvise in aaoidance w'w aPAlicable law. or entiry .
<br /> �"�� 'I4�e Funds�shall be held iri an institution wh�sr deposits are insured by a fedorat agency, insuam�talitY.
<br />;;•s,�`,•`�, fincl�g I:cader,if Lender is such un insdmiian)r�ca any Federal Home Loan Bank-Lender sball appithe�esc�'r��unt or. ,•...
<br />�':'=�c� Escrow Ittans.L.ender may not cha�e IIerrower for holding and appll+ing the Funds,annually analYzinB
<br /> �'�_..:-��
<br />:�:�w�. �_'�_.
<br /> ` verifjrina fhr��scrow Items,unless Lc�r�aYs Borrower intesest on the Funds and aP'Pllcable!aw permits Ixnder to make suc
<br /> ;�r,::'
<br /> a charge.However.I.euder may reRuir��rc���'to pay a dne-time charge for an independent real estate tax reFflrt�ng 6eMCe
<br />` �by �� in wAncction with tflis loan. nnless applicable law provides otherwise. Uz�tess an agreement is made or ��, _�
<br /> . � applicable law mquires interest to be paid,Lender shall not be req�ed to pay Borrower a�+inte�st ot earnings on the Funds. �,
<br /> . Borrower and I.ender may agre�in writu►S,however.that interest shall be paid on tgce F�nds. Lendcr s�nall give to Borcawer, �c�_.:•
<br /> ' without d!s�'ga. an annual accouatinS of the Funds.showing credi.*-s 3ud debits to the Funds and the purpose for wiucli ea�h --
<br /> • � dehit to the Fnnds was made.'fhe Fua�ls arc pledged as addidonal s3�:aTi�r�for all sums secured by this Securiry Tnstrument. d�. :
<br /> If the Fwtds 6etd by Lender exceed the amounts permitted ta Q+i�3�:�d bY aPPficable law.L,end�r shal! acc.�unt to Borrower • � --
<br /> . for the excess Funds i�:�rordance witt►the requireu►eais of applic�?�taw.If tl�e asnaunt of the Funds Ias[d�Y.1.��ier at aay �
<br /> � � time is nat suffiicie�t�w�the Esccoyi Items when due.Lender ma,r sv aotify t�orrewer in'M'ti�e deHc�.?^.iai�e���
<br />""`'` • shall pay v�d�nder thz�^*oune nece�s�y to make up the deficiertcy.Borrower sha11 ma�up .
<br /> _ . �� '����.
<br /> ����F ' twelve mn1r�'�L:`lY PaY��•at Lende��snle discretion. � • .
<br /> ., • Upon payme.nt'vx f::�.;t of a11 sum,serured by this Secwity Instrume�, T.Pnder shall ptainpdy��.nd to Borrower any •�
<br /> . Funds held by Lendei:�'under gacagaph 21.Lender shall ar.quire or sell the L�mtgertY,Lender,PTior ta�i�:acquisition or sals ��
<br /> , . � of the Propetcy,shal!�ppIy eny�unds held by Leader at th�time of scquisitios2'ot sale as a credit agains�the svms secured by � ' �..,,.-
<br /> • t1�is Securicy anstrument. . ��`�'_
<br /> �� 3���L•;catipn o�F.zyIItents.Unless applicable law provides�erwise,a11 paYmeuts received by Le.nder nnder paragraphs
<br /> 1 and 2 si�ail 6e applied:fi�st,to enY prapayrnent charges due u�l�r�1►e Not�; second.to amounu payable uader patagrsph Z;. —
<br /> third,to interest due;fonrth.to principat due:and tast.to any late.:ras8es due under the l�tote. ' � �,,,,,,-_:
<br /> �•- 4,Ch�rges;Llaos.Borrower Fha11 pay all taxes. �sessme^�.s;charges.fines a�ad lmpositfions attri���ble to the Ymper¢y ---
<br /> • wh��h�may attain priarity over thls Seiuricy Insuument. and l�ald payments or ground rents, if a.�y-:Borrawer shali pay —
<br />''-�;�. �." these obligations in the manner pruveQed in Da�agraph 2,or if no��aid in that manner.Borrtz�+i�sba11 pay them on tinse direcdy
<br /> . . to the�rson owed payment.$onower shall�p�omptly furnish to L,eader all norices of asuoU:,:s to be paid under this paiagc�pA. ----
<br /> � If Bonowcr maices these payracnts directly:Borro-y�x shatl promptlY fumish to�er re�eipts evidencing�he paym�nts• ��r`-�
<br />��� Horrower shall promptly discharge any lien which Mas priority over this Se�writy Instrument unless Boaower:(a)agrees in .
<br /> '.. ivridn�to the payment Af the obligatian secur�by the lien in a mannzr acceptable to Lender:(b)contests in good faith tho lien
<br /> by. ot tt��r�ds against enforcern�nt of the lien in, legal prooeQdinSs which �.,a the Lender's opinion opere�e to pnVeM tlto
<br /> enforc�it°of the lien;or(c)secores from the holder of the lien an agreemer�sutisfactory to Lender su8ordinating.the lien to
<br /> this 5ecurity Instrument. If I.ender determines thx:'c.:�y part of the PcoPert3+E`.�':�hject to a lien which may aaein prlority over . �_:
<br /> this Security Instrume�t, b.ender may give Bono��+:.r a notice identifying ehe���.}�oao�•er shall satisfy the lees�or take one or �_.
<br /> " more of the sctions set f�:sh above witfvn 10 days of the giving of notice. - �
<br /> - • Form 3028 9I9f1
<br /> � • �� ' vay.�ora
<br /> �.,,
<br /> • . ► . . . -.-
<br /> �. � -
<br /> . .. .;s, �' • �'+`•�i�' ' ' ;
<br /> . : . • • . '',• • ' _ : • � ��� � . ` � • +}� �� '
<br /> T" • .. • • . ' . '.. • ' • . • . • �,�,•��s��.,; . • � . .
<br /> . . _; s n,• • - • � • '
<br /> -t . � .. . .�l . . . _ _ . . . . . " 5��` .
<br /> ♦1. -`�1�.`� .. . . - ��i: . . . • , +' ,
<br /> -; . , .. . . � .. ' _ S\�i. . . ..
<br /> -.,i- �. _ .�r . , . . - . .�. � .. �. • . .
<br /> i'i:' ..- • • . ' . '. ' . ' � . _• .. . � , - _ _ .. . � ... . _ �'•' . ' � .
<br />- ' - -����,`' , �' �•' : ' • . • ,, � . � ,. f . • ' r . ..`. l� . : � .`. .•� ' . .
<br /> ' . .;r� :i`�,�>6� , ..'' ' . �. � • 4• : ,... . , , . .. .. .. �. , . . . �"�Y ? �. � ' �.
<br /> • 1 -yl t�, �<'� .
<br /> . S��}.�. . , . . , .i ' ' . . - . ' . . . j�,• .
<br /> . . �='};y�!". . . . � . . . " . . • : � . ' ' .. . • ' ... . : . . . '
<br /> ,.. .,
<br /> ' ' --°.. .:._.'. _ � _- - - '�_
<br /> ,. .' . � ' . ' . . . .^ . . 'r: ',.:;�`�11 .. • . ' . .. , �, -.
<br /> , `t . - . , . • • .. � ' .
<br /> „ y.. • , . • . , . ���t y . • .
<br /> ' i i: . ' �'2 �� ' � . .
<br /> _.. . .. . • ' , . ' . . ':`.r4!;`' . . , '. : . . ' . . . '
<br /> ,�.+5� � _ . i+nir_.`./' ' 1 .. r' � h 1f),. - - . - .r � . � . .. . . , .
<br /> _ . . . '% . , .... . . _ . . . . . . ._ � . _ . . . . .
<br />
|