|
. ' F � . 5 :V+..� �t :-t. .__ -_
<br /> s��
<br />.. � �1/� ��-..
<br /> Tt?GETI[ER 61RTH all th�innprovemenu aaw ar hereaf4or e�on the progerty.and a!l easecaents.apPurtenances.a�d �=�:
<br /> fixtures no�v or hereafter a part of the propraly. All replac�ents and additians shaU aLso be covered by dsLg Seauity
<br /> ; "� Iasxnunent.All of the foregoing is referred t�in this Secu�ity Insaument as the'Property.° �,�.^
<br /> �ORROWER COVENANTS that Bormwer is iawfuliy sei�ed of the esuste hereby�onveyed and has t&e risht to�rant aad ,�
<br />. __ oonvey the Prop2rty and chat tLe Peogerty is unencumbere�.except for er�cumbrances of►eoard. Borrower�vamants r�td wilt ,�;; :
<br />. defend geaeraliy th:title ro the Pr�perty against all¢duims aad demands.subjea to nny eacumbrances af recard. =
<br /> � Tt�iS SECUR[TY IIdS'['I�UMENi'cambines uttiform mvQnan3s for«��sstiunal use und nor,-uniform mvenants witb limited �`�:
<br /> varirtions by jud�diction to constitute o uniform security instnsmant cavering real property. �_��
<br /> �• d1NIFOAM COri�ENAid�S.Borrow�r and Lcnder cavenant and agree si.s f�tlaws: =-
<br />� 1. P�yu�en4 0��tadp�l nnd Ia�ier�,�'!; Prc�aymeatt uad i.pte Chsug�. �orrowcr shatt prompQy pay whsn dne the _
<br /> :--.� princlgal of und iaterest u�th�d�6t evidensed by the Nate and any prepaymer�t and late charges due uscder the Note. _
<br /> Z. �unds for Tages and Ynsaaauce. Subject to applicabte law or to a written waiver by Lender.Borrouer shalt pay to �----
<br />: . .,� Lendrr on the day monthly paym�nu are due under t�e Note,until.the Note is paid in fup.a sum("Funds')for.(a)yearly taxes :
<br /> . and assessments which may attain paority over this Security Instrument as a lien on tiie Property;(b)yearly teas�hold payments ����
<br /> � or ground cenLs on the Ptoperty.if any;(c)Yeazty hardcd or pmperty insuiance preminms:(d)yearly flood insurance pramiu�s. "�`�`�'`
<br /> „ if any. (e?Y�Y arortgage inaurance premiums.if any.and(�anY sums Papabte 6y Sorrower to Leader, ut accoPdan�with •-•;.::--
<br /> • . the provisions of pazagraph 8,in lien of the payment of mortgage insurance premiums.These items are calde�l"Escrow Items.° ��`'�
<br /> L.ender may,at any time, collect and ho2d Funds i�an aawunt noi to exe�d the maximum amouat a lender for a federally �`�```.`
<br /> � U tePaied mortgage toaa may nquire for�orrower's escmw acrount under the fedeisl Rcal Estate 5ettlement Procedures Act af ���
<br /> 1SY/4 as amended from tiaae ta cime, 12 U.S.C.SecAion 2601 et seq. ("RESPA°),ariless aaodher law that appties to tiye Funds �';'.
<br />'`��"`� sets a lesser amnunt. if so. I.entler may. at afir time.oo�2ect and hoId Funds in an ainount nnt to exc.eed the lcsser amoum. �°- .�
<br /> • Leader may esdmate the amouat of Fands due on td�e basis of current iiata and reasonable estd�ates of expenditures of ft�t�sc�
<br /> Fsc�aw Items ar oiher+uise in ar�cordance vrith applicable law. �
<br /> • Tiie Fu�s shal! be heid in an insiitution wtwse deposits are insureci by a federal agency, instrumeatality, or ec,r,:� —
<br /> (insiuding Lender,if I.ender is such an ir�tution)or ia any Fedeta!Home Loan IIank.Lender sl�all app[y 4dte�rr�ds to pa�' '��.�. '-"_.=='
<br /> � ' �aw Items.Lender may r,r33 c�arge Borrower fox hol8iz,g aad applyiag the F�m�s.annnalIy analyzin�the�e¢^,r acconnt,or � ��`�
<br /> • a�ifying the Escrow Items,v�ess I.endes�ays Borso�-�r interest on the Funds and applicable law permits L��Y to matce such ���•
<br /> � a charge. Aowever.Lender m�ry rec�.���ower to pay a onc-time charge for an independen:�estate tax reportin�servi� �
<br /> used by Lender in cormectiaa arith �.`ais Pcaan, unless applicable law ps+nvides otherwise. iTw�ess an agreement is made or '--
<br /> w
<br /> • applic�6le!aw requires intere�¢�b��.�a£:,i.ea►der shall not ba required to pay Bflzrower any int�est or earnings on the f�unds. �-�
<br /> . ' Borrower and Lender may�in writing,however,that interest shall be paid on the Funds. Leader shall give w Borrower, ��"`'�.
<br /> arfthwt charge. an a�nual aes�urtriug of the Funds, s6ovring credits and debits w the Funds and the purpose for which each �:
<br /> :;:�"' debit to the Funds was made.The Funds are led ed as addirional securi for a!1 suais secured t+g this Inshvm�tr• `
<br />�;r:�r1: P 8 t3+ SecnritY .
<br /> '�^���-`� If the Funds held Hy Lender exceed the amoums pe�mitted to be 6eld by applicable law.I�rer shall ar.count to Eu��roi�:r �
<br /> �';','�E�-4 fpr the excess Funds in accardance with ihe requirements of applicabte law.tf the amount of the�nds i�Tc�Y�y l.�nder'aif'rt�y
<br /> �:, •� •i�cne is nat sufficlent w pay the Escrow Items when due.Lender may so notify Borrawer in writing,and,iu:aua��;case Borrower � � '
<br /> �`° '' t�tiall pay to L.ender the amouns necessary to make up the defciency. Borrower shall make up the defici.atc�i p no mnre thats ,; ;'r',".;
<br /> .;�ir:t: , ., ..,. �r�;�',
<br /> ;.,'r�;,F. tarelve montlily payatents,at Leader's sale discretian. � �;.
<br /> 'r!�!�;:; .Upon payment in full of a!! sums.s�cured by this Security Instrument, Y.ender shali prampily refaind w.Borrower any . �'''
<br /> ''� ' Funds held by Lender.If,.under para�:ul�21,Leiuter shall ucquire or sell the Propeny.Lender,prior to tfie acquisition or sale � •:.'`
<br /> .', -; of the Property,shall appl�a�y Faads�+i�d by Lender at the time of acquisit�on or sale as a credit agaia..K t�e sums secureA by ,� �j'"'
<br /> � this Secuurity Instrument. . � ����`--.
<br /> `x:•���' '�.Ap�+sral3on oY Y�y�icats.C.T.:�es��ppJicabte:�"s;�rovides otherwise.aIl paymenis received by LcaiiY�.�ndec gar8graphs '�-.
<br />-n:.1YVi '.
<br />,,;ti�,;�?`#, 1 and 2 sL�'tM�'�.�rplied:�arst, to aa�:=�aYment c�a:,.ses�e unr.��the Note.second,ta amou�ts payabl�t:nder paragrapt�� —._
<br /> � third,to intei+est rlue;�on��,to principal due:and E��,e��:�r,�ges due uader tbe Note. �� �� ' . � 3� �:�
<br /> . : 4.Char�es;Llens.�c�a.�wer shatl pay all tax.,�..usessments,.charges.fines and impositions uttrI6u�iGi�;:to the Prapecty ' x�
<br /> � i;. �?:�.:
<br /> �_ ; �v��iich may attain priotity��x¢�tIus Secority lnstrume�, i t n d l e�s e ho l d payments cnr grou n d rents.i f any.����ower s h a i l pay t 4�-:
<br /> � . .t'tiesc obli adons in ttie manirzr vid�:..n paragrapb 2.or if.not paid in thai mars�rz.Boirower sS�all pay tit�i on tune direttty ';�`�.'�
<br /> 8 �
<br /> �. �'. to the peison awed payment.Borr:ree•�11 pmmptly fumish to Lc�er all notices of amounts to be paid under tlus�aragrapb. •
<br /> If Borrower makes the'se pay�..:.��ud���.Borrower shell pmmptiy fumish to i.ender receipts evir2encing the paymenu.
<br /> ,.. ' Borrower shall pro�,�!Ii�c:�:�,ni,r.�„��ny lien which has priority over ttus Secc.e_'.y Insuument unless Borrowcr.(a)agrees in
<br /> ��� writmg to the payment of,�he�a�aga���secured by the IieR in a manner dccepi2�Jr��o Lender,(b)contests in gaod faith the Ilen �.
<br /> � � ; . hy.or defends against ec�e!�emens a�r.�e lien in. legal proceedings which iz���e Lender's opinIon operate to prevent the ---
<br />•,�'l�i,����� enforcement af the lien;ar(c)secur.;:+`ne�the holder of the lien an agreement�tisfactory to Lender subardinat}ng the lien to �.
<br /> ;�}?'��.: this Security Instrument.If Leader d�cecmines that any part of the�remr is subj�to a 6en which may attain pnioriry over • --
<br /> ' '•; ru�is 8ecurI2y Instrumen�E,r�r',�r anay gtve Bonower a nofice identifying t:�e i�en:Borrowee shall sadsfy the lien or take oae or !-�
<br /> , � �` more of the aciions set fc:e3h aL�ove within 10 days of�he giving of notice. . _.
<br /> ��� wrm 3028 9BO i-
<br /> . t, o+m.sme
<br /> � , .�s • � • °• . . mii; 4+ �-.
<br /> �,- _ � . . , _ , r . � •�-I�—�� ^_ •�m:..;
<br />, . . .. . - . � . . . . .
<br /> ... . . . ;.a. . .. . � �• . � . ' . .. . , .. . . � ' . . . ... . � .
<br /> . �. ' . _ . .. ' . . . . ' . . _ . �: . . .. . ` ' f. ._. - . ..�. .., � '
<br />.' ' . . ' .. � � • .� _ . . • � " ' 1'�� .. �� . . � ..
<br /> ' � ' ._ . . ' . . _ - � � � . - , �l . � •. . - •. . • '
<br /> ._. ...._ _' ._. :. ..."_"" _"." ___ _ _ _' _ _ "_ _ _ _ _ " ._ _ "_"_"... �
<br /> �
<br /> , .._ .- :-: _--._ ___- "; ..'. . . ' . . . ' � .
<br /> __ _ ._.�.... ...._. ._. .'' �.
<br /> . . . . . .' " 1 !� � _
<br /> ' r!
<br /> ��
<br /> . -, . _ � �a �'. . _ . ,
<br />: . - . .. . . . . , .. . - .- . . . . � - " .. . , , - . . ..
<br />: � .. :.. . _. .. .. ,. .. . , . ' , , �.t • .
<br /> . ' ' � . . .. . , ,• .. • ' . - -' .�, . , : :.. '-�.•, . . . . . ' . � .. • .
<br /> - . . 7 . . . .. .h . ' , . - '
<br /> . . � - ' ' _i' ' .�� _ .. ... . .. � ._ �� . . • ' .. . r . . � ' " . .- . �. . ` . � .... ...
<br />
|