|
r,.e��81� ^�-��-•�-...� . �
<br /> � �.wcr.Jic�t>.ac - , � . - ' �..� - ---
<br /> �a....
<br /> . . � .,; .._.. _..
<br /> � .. ..--..._. •- . � - �-
<br /> . . ..a .. ..i: ,. . . _ . _... ...
<br /> , • �<r�1_ _ ' _ { _— _ .e... _ _
<br /> •\— —
<br /> ��" a�o4s��.
<br /> `TOC'..B'�THBR WIT1Y all thr, improvements aow on c�reait�r crocted on pro�etty, and caeemonta,
<br /> a�urtenancea,�nd[ixtura�now or hereafter a part of the rroperty.All replocamcnts end addtttone ehal�deo t,e,covor�d —
<br /> by this Security Instrument.All ot the fare�oing�e mferred to in thie Socurity Iaetrusnent�e the"Propertl:"
<br /> BORRONE�t COVBNANTS that BorroNer is lawtul9y e�eod of the esmto Acrob,y cor��xyed and hne the rdght to
<br /> qnc�t�ad convey tho i'roparty�md that tho Froperty io unoncumborod,excxpt for encuxnbrda.�res oi record. Borrower '
<br /> �rerrants and Mill dei�nd goae¢ally tha title to the Prop�rty eg�inst all claima�nd demsnda.Esubj�r,�t to any encumbrances
<br /> o!rcca►'�f ,-.:
<br /> �i�$'S�CZIRITY INSTRUMENT combines uniform cav�asnts�'uc nativnnl'uso and a�n-�nitorm covenents�ith
<br /> limitad varia�i�n�na b�ju.risdiction to c�ns�titute a uaifc�rm aecurity ia�nzmEat�ovezing real propesty.
<br /> � UNL�'ORl1��+�V$NA1V'�'S.Borrot��r mnd�,ender covenvat aad�reo v�folloNe:
<br /> 1.Payment oi Princ�pa6 and Intatcat;Prepaymont aad Lete Chnxso�.�Sorrower shall prc�mpily pny evhen due
<br />� the pdncipat o}u►d inttreet on tho dobt ovidenced by the Nate and any ptepsymant and lato char�ae duo under tho Note.
<br /> Z.Funds tor Ta:aa and Insuraace. Subjeet to appltcable law or to�Nritten aaiver by Londer��3orrorrer etull
<br /> �y to l.aider on the day monthly psymente aro duo under tho Note,untll tM Note�e p�id in iu11��eum("Funde")far:
<br /> a)yeuly tuee u�d aer�eeeEnents which m�y attainpn ority ovor this Security Ineirunnent as a lten on the Propa�ty;(by
<br /> yarly lewiefwld p�ymente or�ound rants an the ProFarty,if an�r; (o) yaarDy bawd or ptop�+tty inawanue premtums;
<br /> (d)yarly tlood inaurance premiume,i[�ny;(e)yarly mort�a�e�iuuranoe premiume,if�ny;�nd(t)�ny�um�p�y�ble
<br /> by Horrnwer to Lender,In�ocord�aoe with the pruvieion�ot p�ra�ph 8,in lIeu ot tha p�yme�►t ot moct�e lnuraacb
<br /> pteer�Iums.'�y,Me it�e_me uo called"�crow Iteme."I�ender mqr,at any time,oo�la:t and hold Funds 1n an�mount not
<br /> to exoeed the raeitmum amount a tenaor tor�fa�denlly rolatod mortpto loan may require for Borrower'e a�ce+ow
<br /> raoount under the federal Itc�l P�tate Settlement Proceduroe Act ot 1974 is amendod trom tt�ne w time� 12 U.S.C.
<br /> Sectian 26p1�t srq.("RBSPA"),unieee uwthar]rw that�ppliee to the Funde eete a leseor amouat.It sa�l.ender may.
<br /> �t u�y timn,wllect and hold Funda ia aa amount not W eiveed the leeeer amount.Lender may estimato the amount o!
<br /> �s due t►n tho buaiB of cu�reat dau and ra�sonable estimatee ot expendituroe oi future F.ecrok Yteme or otherrvlso in
<br /> a000rdtnca Rith applicable la�r.
<br /> Tha Fuada e1s�11 be held in an institution Mhoae depoeite ue insurad by�federal agenay,instrument,dltp.or eatitp
<br /> (includins I,ondec�it I.ender is auch�n inetitution)or in any Fedoral Homo Loaa BtaY.Laadet ahall appty tho Fumde to
<br /> p� the F�ccop Iteme.I.ander may nat char�e Bonower ior hald'ea� end applyina the Fuada, uinu�lSy aaalTzinQ tbe
<br /> e�cro��xount,or verifyiag tho F�crow Iteme�untees I.�►da paye Borro�er intenet on the Fimde�rd applicabte 1►M
<br /> Ucrmia Le�nder to make such a chnr�e. Hopever. Lenda mu t�uiro Borrawer to p�r a oae-time charre far an
<br /> indopa�dent re�b,ea4to tex r�portin�eervice used by L.andar in c��vction NitA t}us loan,unlcea applictbte Isq provtdes:.
<br /> otbar�rise.Uai���1 agteement te m�do or applicalslo IaN requis+t.n.�i��zenat to be pid.Lcac�kr shall aot bo reqwrod tu� `
<br /> p�y Arxroxet anY��.tereet ar esrnin�e on tho]Puads.Bortower�ad l,�ndtr msy agroo in�rritin��howovor�tbatintaaet �',�� ;�.;
<br /> et►�lt'be paid on�.�e I�unde,Lender ehsll glvo W Borroxer�Rithout chargo.an�m,�nel acoouatIn ot tho Funde,ahoNin� .
<br /> crodita�nd do�ti�:w tho Pn,nde u�d tho purpoee tor�vhich ach de�it.to the Fun�'�9 w�e raade.�Funde u+o plalged re ;
<br /> �dditional eeceis�sq for all eume�ecurod by this Security Instrumesa�. :� .
<br /> Ii the I�.�a�)s:'held by I.eadrn eiceod the amounts pecmitted w'b�held'by applicable 1�av,I�endor eh�ll aaa►unt to
<br /> Barower for the wcccee Funde In accord�noe with the c�quircmeata of�pplic,abte lax.II the amamt o�tbo Funde hold �
<br />- tr�Leader at aay timo ie uc�x euificient to pay the F�c�sa�w�Iteme when duo,I,ara�kr msy eo notify Borro�rcr.in x�iti�. ,
<br /> and,in such c�Yiucto�rer�hall pay w Leadar tho amp�nt neoeee�ry to ma�co��p the da�itcierwy.Borm�+er�sbalt make
<br /> up tho�ciancy�i�no more tlun t�volve moathly paymente,at L�+ntl�et'e eola di�cretion. •
<br /> �JPoc►Psymcci�t i�►tull ot dl suma eocured by thie Securlty Iii*�ruinent�Lander etu�lt prorriptlq ia[u�d ta Bnrmr►4r�. ,. � .'.�
<br /> anr Puax�e he3cf°bY��an�dor. 1f, under P�B�+Ph 2i, Lendor aM1I'ao9uiro a ee11 the Propertp� La►der. P�'�iar to tbe ..� �',,;�
<br /> soquiaitian oir��ea�.�ot thti:�roperty,ehall�pp1y sny Funde held bq Y.encfer at the time ut aoquIeitiQa or e�le ar a credit... . ��':
<br /> spimt ihe eur�s;�eecorex!;b�t��is Security inetrument. , �::' .:
<br /> 3.Appii�tion ot 1'�ymenta.Unleee applicablo l�w prnviilee nthort+rise,all paymenta reoaivod by Lander uuder•.�.,;,� '.�
<br /> p�n�ephe 1 an�l';2 ehayl be applied:tirst,to anY preprYment chu�ca due under the Note;eaoond�to emounis pny�We .'� .
<br /> undec para�x h'2;third,w intereet duo:tourth,to priacip�l due;and lwst,ta uny late charsea duo undac the Nota. '
<br /> _ 4. Char�ea: Liea�. Borrower ehalA pay�11 tuee.�sewemtnta,cisugea,iinee and impoeitioon attrjbutabie to th�e;, •
<br /> . Proptrty Nlueh may attaia pciority over thie Security Inetrumeat,exjd le�aehold paymente oc �c►und mnt�, it�ny,• � :. •:.
<br /> Bozsawer sb�ll pay theee obliQatioas in the mnaaer provided in�ra�ph 2,:a:r if not paid in thst manner,��ocmpdr � ; ?��,_�'
<br /> sfull pr tharr��or►�imo diroctly to the p�roon oKed paymen�Bornoxer shalt'pr�mptly furnish W Lbador slt notices oi� ,.
<br />� smounhs to'be p�id uc�thia pat��raph.If Borrower makea the�e��tYmenta ti,iroctly�Borro�ver ehell P�'�mP�Y�urni�ta_'�.� . ; �,
<br /> _ to Lender tbc+ei�ta evidencing the paymenw. :, .. . .
<br /> : Borro�+abrll promptly diectur�e m�lien which tw pr3oraty twer tla3s�ecurity Instrumoat unleea BorraMer:(�)
<br /> s a�ceas ia xritiu�tc�tho paymeat o!tho obligYtion eoc�ed by th�lier�dn a�rnanner acoeptable to I,endor.(�)�onLe��n �: -
<br /> ; �ood futh tho li+on by,or deicade e�ainst enforooment ot ttw lien�.ie�,��e�pE psa�eedin�e whIah ia tho Lrs�der'e opiniari:.;�.�� ''
<br /> ; operau to pca�':oi�t the entorcxment of tho lirn;or(c)eoeutea icor��he hnf�o'r ti!tho lien an e�roemont stdstaeten�q.3a.: ;' �'
<br /> } I�r a+ubor�li,i�ting tho lien w thie Socurity Inem�ment.I!Lend�s determi�en that any pert of thn Prnporty ia rvb�c��3. �
<br /> i to�llen whii��may attain priority over thie Security Iaetrument,I,euder msy_�givo Borrower�notice Idol�tif Ing the
<br /> : lien. &xroNOr ehs11 eatisiy tho lien or teka ono or moro o!the�otions�set forth abova withia 10 dap�oS t9�e�ving of
<br /> ; notirx.
<br /> r
<br /> ' �—MIMVf�cauao� r.�.�.�� � �W
<br /> lnitlMrc���.
<br />
|