|
��
<br /> ---- . � _ .. -- —
<br /> � _ T ---
<br /> � ,.:- —
<br /> ; �
<br /> , � �, 10�3a
<br /> � � 'POG&THfiR W ITI i pl! che improv�r►cats now on c�rcaFccr erocccd a►thc Pro�Y, and all easc�ncnts.a�t¢urt�nancc.s,a+1d
<br /> . 1 Cucwr�:s cww cu bc:�aSi�z a p�,-t ef the�Crty.A!1 rc�L�er�ents as�d add'st�ns sha!!elso t�e covemd by�his Sacurity Incuumrn4
<br /> All of the foregoing is rcf'enai to in this Socurity Inswrr►ent a►s tbc"F'rop�rtY•"
<br /> BORRUWER C�VfiNANTS that Barrow•er is lawfully s:,iu�c1 of the estz:e hucby conveyed and hsc the riyht ta�rtun w►d
<br /> � convey the Property atul that the Properiy is ut►encumberod, except t'or u�cumbrsuucs of rocord. Borrower warrantv oad will -
<br /> � delend geaeially�he dtk co the Proper[y egainst mll claims aad dr�nancl�,subjoct to any er.cumbrances of rocord.
<br /> iTI�S SECURI'IY 1NS'tRUMFNf c..�mbirks unifomi cove,nant� for nasiorial use end non-uniform coven�us with limital
<br /> { variatioe�s by jurisclicdon W constitute a unifam saeurity instrument covering r:al property.
<br /> 1 rNiF�(1RM(17YFNAN'I'S.Bo�rawer aad L.ender cova�t and a,grx a9 follows:
<br /> } :,:$j'�!y;L!p:'�:�C=�9!°�L'.'�1L'�!!!'�!;Pe+►nava��af sat!lste f'11as��9. B�rowCl 5h111 pfOiiiDqY DaY WdCA WiC lAC
<br /> ' principal of and intcrest on the debt eviduued by the Note and anY P�Yme�nt and Isue charges due under t�e Note. -
<br /> � 2.Fuads ter Taxzs und I�asuran�x. Subject W applicable law or W A writtcn waivcr by Lcndcr. Bwrower stwll pay to
<br /> I.endc�on the daY monihlY PaYmentc are due under thc Note.until the Note is paid in fuU.a sum{"Funds")f�u:(a)Yearly tazes
<br /> and susessments which may attain priority over this Security Insuument sic a lien on the Property:(b)Yearly lr,s►sehold payment�
<br /> or graund r�nts on the Property�if any:(c)Yearly hazard or property insurance premiums:(d)Yearly Mod insurance prcmiums,it
<br />' �Y: (e)Y��Y�BeBe��Pm.miuras.if any;aAd(�anY sums PaYab�by Borrower to Lender,in accordance wit�[he
<br /> provisions of parayrsph 8, in lieu of the payment of cnortgage uuurance prcmiums.These items are called"Fscmw Itenu"
<br /> � l.endcs may,at aay time.colkct a�d hold Funds in an amount not co eacceed the maximum anwunt Y lender for a federally related
<br />' ' mcutgage loan ma�r►quire for Borrower's escrow account under the fedeml Real Estate Seu3r,meat Procedures Act af 1974 as
<br /> � �nctui�d from rime to tune.12 U.S.C.Section 2601 U seq. ("RE5PA")�unlcss anotlur lavr tt�at applies W the Fuads seis a lesser
<br />� l� aawun� If so.I.e�ler may, ai aay time, wlleci and h�:d Funds ia an auiounl nnt m e�ceod tho lesser amount L.eader may
<br /> esdmate ttu a:nount of Funds dne on the hasis of cumes�t data and reasonable esrimaus of�zpendiNres of fuwn Fiscrow Icems or
<br /> S otherwise in accordaztice with applicabfe law.
<br /> ` The Funds shall be t�eld in�n institutioa whose deposits are insured by a feder�l agency�instrumenrolity.or entity(iacluding
<br />�.� I.encf�.if L�e,ader is stxh an insdiution) or ia any Ferleral Home Loau� BaaL-.L.etuler shall apply the Funds to pay the Fscrow
<br /> � IWns.Lr,nder may not cbargc Bomowet for holding ats��piying the Funds.annually anaiy7ing we esc�uw�wu+,a vw:;y��g
<br />' � the Escrow Iums.unkss Leader pays Bcxrower interest��n tt�e FS�nds znd�pplicable law permiu Lencler to maire such a chsrga
<br /> Howevei,I.ender may_require Borrowa to pay a one-dme charge for an indepasdent real ast�te tu repo�ting serti+ice osod by
<br /> T.Li1dCt 1i1 COI1110CGOi1 VYIt11 I111S{0�1.Bi1�CSS 8}�-TM'.�3�.�diV ,^,'^—�-�•'�=Tr�u�'1?'-i�w-_,-- -
<br />' roquir�s interesi to be ptid,I.ender st�ll not be ra;uired W p�y Botrower any inkrest or eamit�gs on the Funds.Borcower ead
<br /> L.usder asay agroe in wriring,how�vu,that interest shall be paid on the Fwids.I.ender�11 give to Bocrower.without charge,au
<br /> annual axounting of the Fa:ruis,showmg croditc aad debits w the Funds�nd the purpose for which exh debit to the Fuads wag
<br /> � made.71je F�nds are pledgod�s additional security for all sums secund by this Security L►suuaxnt.
<br /> If the Fuads 6e3d by Ixnder exoeed the atnounts permiued to be tu:ld by apQiicable law,Lu�der st�ll aocouat to Borrower for
<br /> the eucess Faads in acsordance with the rc�uirc:aeats of appticabk law.If the anwuat of the Fl�nd's Aeld by I.ender at aay time is
<br /> � aot suf�iciait W pay the Fscrow Ituns when due.Lea�er may so notify Bortower in writing,and.in svc6 case Boaowa shal]PaY
<br /> - w I,ender the sunouat necessary to m�ice up the defisiracy. Borrower sha11 make up the defi�cieacy in no more Waa twelve
<br />_ � ��Y Pal'��at I.,essder's sole dicc��etioa.
<br />-- Upm parmmt in rull of all s�uns sxuroa by this securiry Insvum�t,i�eade�st�a11 pranptIy nf'una so sorrower any Funda
<br />-_� fteld by i.eackr.If,utuler p�ura$tap6 21,Leadet shaU aoqulr�G ot SGl tAe lfiopaiy,ieader,Prior to tne xquisiiwo ar�ie w iue
<br /> __� Propecty�shall apply any Funds heid by l,ender at the time of acquisition or sale as a cxodit against the sums secured by this
<br />�� �3 Applicatbn of Paymeo�s. Unkss applicable law provides othawise.a11 paym�nLS rae5ved by I,endes under p�tagr�plu
<br />— l and 2 a1�11 be applkd:fust,to�nY P�'�WY��8es due under the Nou;seca�d.to amouats p�y�ble uader pata�ph 2;
<br />_'� tLicd,to inten,ct due:fauth.to PtinciP�l d�e;nnd 1ast,to any�ate charges due uada the Note.
<br />_� 4.C�es.Lie�s. Borroaer shail pay�Il t�xes. accestimdlts�cbar6es.fiues attd imposidoas atm�utable to the Ptnpe:ty
<br /> � w$iCII m8jr 81f81A p[1011ly OVC!tI1LS SCCUlity Tnctn�mrnt- �j�}{p]d�yR1CJ�iS Ot�tGIfS.!f 8fl}�.BORiOW�l S11w Qa}��
<br /> � obligatinns ia the maaaer provided ia paragisph 2.or if not paid in that manner.Borrower sl�all pay them on time direcily w the
<br /> .= peison owod paymes�t Bwrower sL�ll P�P�Y fum�s.7 to l.ender�ll notices oi smounts to be pnid under dus pazagrap�. If
<br />�� Barowa m�k,es th�s�e payments direcdy.Boaower shall pro�nPt1Y fumish w L,eader roceipLS tvideacing the paYweats.
<br />� Bo�mwer sh�ll pcompdy diceharge any liw wi�icn uas peiocity ovu�u�:..ui.�y I�..�-uus�:.:�.�::ss Ba:m��rr. (a)s,,r^�s in
<br />� wr;ting w the paymeat of ine obiigarion sect�rod by the liea ia a macu,er acceptable w 1.endu;(b)conuscs in good faith rhe liea
<br /> sby, or defeAds again5t tafarcetncat of the liea in, legal pt+p;oedings which in the l.enda's oQin9on opesate tn preveat the
<br />'� eafoi+eemeat of the tiea;or(c)socures from the hoWer of the liea�o agrocn�ent satisfactay to LeJUfer subordinatiu�tbe lien W
<br /> ��y rtl,,,+h,► If L,a�der determiaes t1�ae any pact of tlue�Propaty is subject tn a liea vu�bicb may ansio piaity over this
<br /> � ` Security L�vd�cnt.Lenda may give BcYrower a aotie�identifying the liea.Bornower sball s�fy the liea or taY�e ooe ar muce
<br /> of tl�e aerions set focth abave withia 10 days of the giving of notica
<br /> � Form 502�W�0
<br /> �-6R(NE)co���l.o� Paa•2 m e in��aa:
<br /> '�
<br /> h� �
<br />.q�
<br />'I•: • _ -----_ , - _ .-- __ - _
<br /> .+ _ t��.�+e��-^�.-.�_^r -..^.�...-... : _ _
<br /> _ .-__. _.. _._'__.� .. "�_ 7i • _— _
<br />. �..� .- "—_' ' '_'—' _ "_ '_'___"—`-_ _ '._"'_ . '_ _ ' _ '. -. '.' __ '
<br /> .." ' — _'�'.— _—_—_' _ '�LS.e...+.. . .
<br /> _^'�_^.__ '—_. __'__�_ __—__ _"'��-�r�+--w•— i�_..-�
<br />-� # " .r.,•�+$ �_.w...�.�.c'..�-�. . _
<br /> . �, �, '%r.r^'�%'..� .�,�, _ _
<br />. , . .. •..��,h ,.w , . . . �
<br /> . `. . . . . .. _r: .eyi � .
<br /> . , c.. �'�..' 4�'�;�� .1. . � .'
<br /> , . ' '. : . ,��'��"""-`�; .. . �, ^. ,�,, .
<br /> - . � ' . '•h�+f*.K;;YF l=�.., . . • '-' . ti
<br /> • » .., ae' �: ._��v�„ , . .. •..,,-.�..�:�-
<br /> � .. - _._ .•�t:��r.. s�, �i�-_.w=-
<br /> � 'i."7�/L�- t'?2-_ -t "' ,
<br /> ._ , � 'F'_:}.,..� �
<br />, .. • .aj �-�.+-'. , .
<br /> �y� u W.
<br /> ' „ :�.�4 :�i,.Yact+vy,.,, _ .
<br /> . c.,
<br />� .. .w%fc.�r=t��.�i����•:i: -
<br /> . . , . . • . _ • , •� _ .__ .._. .
<br />
|