|
4� _�r? � " . ... i . . .� . _ .-
<br /> ', �w
<br /> . TpQ�TF{Ep WRH eU ihe tmAsovements naw or here�fter ereetad on the properry. Fu►d aD easements. aQRurtenancea asid �=
<br /> • fodurES now er R�egft�a part oi the properiy.a0►ePlacemeMS end addrtions shafl a�so be wvered by thls Seeurfly Instrument.
<br />` Atl a1 the fore$oinfl is�ferted to in thts Secu r f i y Instrumen t as t h a'F r o A�Y•� "�`
<br /> BOAROWER COVE'NA►� thai Borrower is tavr(uity s�zed o!the estate here�y Gomeyed and has the right to �ant ev�d �,�� :
<br />��' convEy the FropaRy and that the Rroper.y ls unEneutnbered �cceFt for en�umbrances of recotd. Borrov�er warrants and wiA ;
<br /> dete�►d gQtEtA.�'y the title tA the Rragert}f 8�(rts!aN ctalms and d�mflnds.Subj�L't to sny c'ytCUrt'�htF.ttces of tecord.
<br /> THIS ��'ECUAI7Y INSiRUM.EI�iT eombnes un"sform covenanta tar nation�l use and non-unitom► cavena�b vrIth timit� .Y
<br /> -- �_p�tsy juri.sd_ic'Jcn t�ennsti'h�ta a unHorm security U�strumsrtt covering rm1 RroFenY• ! _--
<br /> UNfFORM COVE'MM:t• B�ower and Lertd�eavmar�t and a�e as toitmvs: :-
<br /> 1.Paymont of P�iRCtpal ancl Ittteres� Prepay�ert4 snd L.ate Chugea Borrovr�shall promyuy psY when
<br /> due tha prinetpul of and intcrtst on the de0t ev�denced by the Note and acry prepaYmeM end late cfiar'8es dus under the Note.
<br />- 2. Fitdtds far Yaxsa aiid ln�iaeat9�6.SubJe�to op�ieebta law or to a writt�watver by lenaer.Borrower sna7 Pa�
<br /> to Lender on the day monthty paym�ts are due under the Note,urttii the Note is paid in tu�,a sam('Fund�) tor. �a�hol
<br /> �Y taxes and assessmerits whtch may atta[n prlority ov�this Secudty Inshumerrt as e 6� on the Property: (b) Ye�t1►
<br /> rents on the Propgty.if any. (a)Ye�tY hamrd ar property insurance premiums: (� Yeartl►fload istsuran �
<br /> FaymEats or grQUnd ..
<br /> prz;nhims,H eny, ie1 1��'N�rtgage insuran�premiums.ii eny, and(�eny sums paya5to by 8orrovrer to i�cer 1s a
<br /> with Ne RroY'slons dt pp.agrzp
<br /> h 8, in Ueu ot ttte payment of mortgage insurance prert�ams. These items are �6cd 'Escro� �--
<br /> ��,• ��� .�ay� pa eny tbne, coIIect and hold Funds(n an amouM nat to auceed the ma�dm°m a�TC�nt a t�:d�t for a ��..
<br /> - tederaQy rehi�3 rnartgege loan may require[or BorrawePs escrow axowtt under the federul Reai Es�te S�dttemert Riracedures �.
<br /> ,��c. Rd of 1874 as amen�eri frarn ttn►e to tGn�.12 U.S.C.�2601 ei seq. ('RESPA'}. untess anatl►� ►aw thed s�AUes t4 the F�ds —_
<br /> �= �ets a tesser arnaa�rt. N so. Lender may.at enf�tlme.colleet end hold Wnds in art anseurd not to wcce°�the lesser amount _
<br />- �der may esftm�e 7,h8 amount of Funds due o:►4l�s basis of current c�ata end rease�abte estIrt�ates of�Se��+� ot tutLre �,
<br /> Escrow itcros or o:��++d�s in eccordancs with a�caSale law. _
<br /> Tha Wnds she��E Aetd tn an inst�utinn rii�ose deposi4s are tnsured iryr m i��al agenoyr.lns4ru8 Er.�i�l•�PB�iry���9 �.
<br /> Lender N�.eender is s:r�an in�t!on) or� a�ry�ederaf Home Laar� B2c�c L'�n�r shall eAPlY
<br /> ' {terns.I.�der msy nat chazge f3csmavr�tor hat�ng and aPPh�9 ffie WnQs. �.:�ssly analydng the escrow accout�,or rc�t�tn9 �'
<br /> Lertder to malce s�s. a
<br /> rv°�• the Ea�reyv ftems. unte:ss Lc��'�aYs Barsa:var lniesesi on the Funds an�eAPaca6te law Pe�s —_
<br /> "; chuga However. Lender may �� Hortower to pay a on�time cfia�,,e fcr an tndependent real e�tate isx r�DertL�g sesv:ti.=
<br /> used by I.ender In connedion vr� thts loan. uniess apPOcabte law prcz�r� athervutse. Uniess an agre�ment is made or �
<br /> . �pPdcab�e taw requ6es►rtesest to be patd Lend�shaB not be required to¢xy Borrow�anY irde�est or eam'�ngs on Lhe Funds.
<br /> • Bom►wer attd Lend�r may a�e in writin9� how�rer. tt�Gderess sha9 be peld on the Funda lender shaU give to Botrower, r.
<br /> ����,ye��n annua!eccoun�ng o1 the Funds. showing�� end debits to the Funds and the purpose for wtsieh each ___
<br /> .. debft to the FunQs was mada. The Funds are ptedged es ed8��sew►ftY tcr aU aums seaued bI►the 3ecuYi'ty+Inshw�mE- . N
<br /> H the Funds held 6y Lander mtceed the amounts permitt�..''`�o�e held by appVcabte law,Lender shaD atxount So �ar
<br /> for ihe axcess Funds in accordanee wfth the requ�nwrts ot aP9�ta taw• B the a►nourrt of the Funds keld by Lert�er��Y
<br /> Uma Is not sulfirJent to pay the Eaaow Items when due, lendes maY so R�1$o����$,�d �s���e Baci�w� _
<br /> shal psy to Lend�the amount necessary to meke up the defi.d�o�. L�u.tra��r sheA make up the deftd�cy in no mora than
<br /> _ t+�reNe momhN DaYm�ts�at�ende�a sale�screuor►. �-
<br /> � � 'i�ider�haD prom�Yly refund W Botrower any Funds
<br />: .. Upon payrttes�t in Lu0 0?eD surt�s secured Dy this Ses��i 'crsFWS. �� Pdor to Ne acquisitlon or safe o!the
<br /> :� � heSd 6y Lender. N.under para�aph 21.Lender ahail ac�ulre�.s�1 the b�,ErtY• _
<br /> • pmperiy.ohti ayply enY Fur►ds hetd by Lender at the ttme of acqufsftion �r sale as a cedA a�at t1►e aums secured by ti�Zs
<br /> .. `, gecurily(nstnunert. Oca6le Iaw pravid� ¢�harwlse, eD paymenffi te '�..°� bY Ler►da unde
<br /> , :r 3. Applicatian of P3tyrn�nf�. ttal�s app !
<br /> ` Pera�aDhs 1 and 2 cha9 be appned: ffrst,to eny prePaYmt�ni charges d��s,�nder the Note:second,to e.:.�:nts payabie und�
<br /> _ . gu.�;�aph�thkd to Urtaest dua touM.to prindPaf d��ert��ast,to anyr ta!e charges due under the Nota
<br /> • 4. Chazq�si LloDS. Bntrawer ehaD pay a0 taxes. ���ssments. chargxs. f.nes and Tmposfttons at0lbutebie t� :�"�.
<br /> �sty which rt�y athin pdac(tY ava thls Securfty tnstrumen�and teasehoid payments or�eund rents.H 2u�Y• Bomow�r;�lU
<br /> .. pay these abGg�irns tn tha manner p�ovide�in paragrsph 2. or H not p���+ that manner. Barrower�sa3 PsY thern on 41me —
<br /> ; dtrecqy to the��nn avred paYmenL Bortawer sheD pmt�tiy hrmtsh to �.�der tumish top iend receipts ev�ideotu g tthe • —
<br /> �tsagapS�. H Bnrrawer mukes these paymems dtre�'.N. Borravrer sha0 promptiy►
<br /> ' . �}�� dscharge arry Hen which has prfioiity over thka Securllyy InsWma►t unfess Borrower: (a) aqrees in
<br /> Bonower st�il pmmptty �
<br /> ' w�Ing to the ps;rnent a1 the o6G�tUon aecured by the Oen tn e manna aecaptahie to Lander: (b) eorotesto In qood 1�ilh tt�s
<br /> � 8en by. or def� arainsl enforeemer►t ot u►e Qen in,tegal proc8emngs which in the Lender's opinTon a�erate to p�arR tt�e
<br /> entorcemertt of tha Ser►;or(c)secures irom the hotder of the Aen en e�e�n�t saUsia�ory►to Lende��t�r�w9 1he Geo to
<br /> tl�is Securiiy Instcum�t It LenQer detemdnes thet eny pari ot the PropMy is subject to e Qen whlch may rfPlfdt�P�ior�ty over thl�
<br /> ,S�rf�y(ns�m¢nL lenQer may ghre Borrower�noUce Edentt[ytnQ the&n. Bortower ahae saUsiy ths Yen or t�ica one or mare of
<br /> t':e rallons eet torth abave withh t0 daya o!the givin�at not�.
<br /> � �. H�8 Or PfOp�ity Insul�atlCe.Baaower shx819ceep tho improvEmmts now extsflns or hereaft�erected cn the
<br /> ' � Property fnsured�agalr►st bss by tke. huards IndudM wlth(n tAe term 'eM�ded coverape' and ury other h�Tards.itctu�n9 . •
<br /> ' ltoods or ilaodin�forvA�icb Lender requYes insurance. Thts insureneo sha0 be matntstr►ed tn the�mo�'s end for the perioGs
<br /> •' that Lender requYes• Tk�Insurance canler prov:dtn9 the Msuranca ahaJ be ahosen by Barower subjeCt 7�Lender'a apProYal
<br /> .. ': which_sha9 not be unre�sonaby w�hhetd. N Borrower taIIs to rt�akitafn covera9e desa$ed above, lsnder may. Eri L�nder's
<br /> ,+ c�fra,obtain coverage to protect Lender'a dghts In the PmpeRy in accordance wItl►Pa�a�h 7.
<br /> Ay tnauranca pepdea and renawala al►d be aceePtibts to Lendet end sho9 InduR�a siandacd rrtoR�age ct4use.L¢nde►
<br /> L
<br /> . � she9 have the d�ht to hotd the poiides and r�ewals. It Lender requkes. U.czawer aha8 Prrr�Dlh 9A�e.�iende►oD ace(pb o1
<br /> ,.. P�Pre�ntum�u�renew�l noticp. In the event o4loss.Borrower sha0 gfiro rsompt ao�ce ta the in�u.tttt�e c�rtter and Lender.
<br /> �trttter may mafke pmof olloss II not made promptiy by Borrower.
<br /> 3iksa Len�a the �resto�tton or repat►I�economicaUyP t��as�lo end �a secudly I��not lessme H�he restaaUoe�or
<br /> .. f�:1'J�'3l�5�� to the sutn�
<br /> .. re�:�r fs not orx��vc�Vy teasfbia or tendePs securiry wou10 bo lassened. the trtsurence��c�aed9 sha�bo•aPP�
<br /> '• 6acuted by u�m`�u�y k�sS�ument, whether or rtot then due.wftb any �cces� paid to Borrower. lf Barovrer abanQons the _
<br /> Property, or Er�s a�at onswe►+nfMin 30 days��ot►�°n°m Lender that thr�bisurance cartier has afta�to aettle a cWm.tt�a�
<br /> �ender may c:t��nt the inaurance proceeds. Lender may use the proce�s to ropai►o►restore thu f�x�u171 0►to pey sums
<br /> . E�*;.�ed by tAis Secufity InsUument,wl�ether or no!then due. The 30�aY Ceiad w�)be3tn when the RWf�is 9ivEn.
<br /> l:�'.css Lenc� and B��awer otharwisa a�ee In wrtUnp, any eppitcatlon a1 prcea�s to pr�.nc,�al sha0 not extend or
<br /> ' �.ayone the dr:a 8x'.�ot��mer►thry paymetRa referred ta in parug�aphs t and 2 er C`�::ge the s:r.avM ot tho paymertts.N
<br /> unQer pr►ral�h 2y�ne PrePereY is acqutred by Lendor. 8arrower's d�►t to any Irts�erunce�cIlctes mtd Croceeds resullhp irom
<br /> . ��ge���;�i�r prior to the acquiatltun nhaU pass to LendEr L:. tho o�Rern ot the sums b1� �Efs 8ecurfiy Instrument
<br /> imme�ately pd�a�the aequis(Uon.
<br /> • 6. Ocaupancy, P►eservaYton. M�tMonance and Pr�s4lan ofi tha Property; Borrower's laan
<br /> � Appltcattom, Ls�Yhold�.Borrower shaY occupy.esta�Nsh, end us�the Property es Bonowet's pdncipal restdmce wilhln
<br /> siriyr deys efter the execu2lon ot this 8ecurily Inatrument end shatl corit�ue to oceupy the Property as 8orrower's prindpal
<br /> � ' resldence tor at Ieas2 one year a8er the dato 01 occupancy. unless Lende�otherwise agrees in w�iting, wfikb consent sha�not
<br /> , be unrensoneby withhetd,or uniesa extenuating circumstances exlst whtch ere bayond Borrowe+'e cantrof. 8orrower sha�7 not
<br /> �lestroy,damage or tmpafr the Rrapertyr.c4ow the Property to detertarate, or commtt waste on the Property. Bort�K�su d reSNt
<br /> _ de(auli H any tortetWre acUon or proceeding, whether civll or criMnel.Is begun that in Lender's good taith jud�n
<br /> � In toRelwre ot the ProPeriY or othetwise mate+tai�r imDaU the Uen created by thts Security Instrument or Lend2Ys security+interest
<br /> ' •.. Pngo 2 01 5 ��Y��� /�'�•
<br /> " F1318.LNIO(3h161
<br /> � 90030
<br /> . � . , . � , . .
<br /> ,. , . . . . ,. . . . , . •
<br /> , .
<br /> . .... .., •--_......,. ._ ,... . . : � . .
<br /> . . ..,
<br /> ,. . ... �, . .
<br /> ;'r,i . , ' •� , , ' r . ` , � , , �
<br /> . .,.. ���rt!i' .. � _ . � _ .. •:r:. • _ ,. ._ , � _ u. .. .. � .. . . ., , ,.. . , . .. , • . - . � ... .. ._ . , . . • ' .
<br />
|