|
. ....,. � . ., � �. , e ,
<br /> : . .. ':.�� ' ,- .�. . - - � �t L . . c - .
<br />. -....-• .. • : + �
<br /> : , . .
<br /> i. .
<br /> - . . f . �,... .,:r ._-...�.. .. '�A � . .� w- ti.......�:L. -Fi.._. _1' ..., ..._. .._t" __ _ ...-^�frr..!?- .—
<br /> �(, .t'�.r�
<br /> ` • �����mi� �-`j
<br /> r. �OE`sETHER WI1'H all i�e iraprovemeats now ur hemafeer erer�e,d an the property.aa�al!easemeats.appurtensnces.aad �:;,
<br /> fuctures rtow o; herzafter a part of the property. All repi�ents and ffitditions shall also hs wvered by this S�rity �;�;:
<br /> ----- ins�umen�A!1 of the foregoiaeg is 3efer�d to in this Sevurity tnsttvmeat as�'�a"Fropeety." �:
<br /> • BORROWER C4VENFaN'CS that Sorrower is lawfully seised of tha e.�tate her�by conveyed and has the right to Srar►t ar:d ���
<br /> ,�< < oonvey the Pea�erty and that Ehe Peoperty is tenPn�umbPrwl, except for encuwbrances of record. Borrower warrants end�vill `.�
<br /> `�' '`� defend geaetally ehe atle to tF.s Prog�rty against all cluims and demands.subj�ct to any enc�ambrances of ruord. _=
<br /> � , THLS SECURITY INSTRUIu�NT eombines uaiform oovea�ts for national use aad non-uniform cover.ants with fienited ��•
<br /> � vare�iiuns bp jurisdlction ro constitute a wa�form security in;srutuent covering real groperty. _-.--
<br /> .��. �. �J1VI�ORM COV�NAD3'II'S.Borrovrer ar.d LxndEr covenant and saree as foliows: � •:�
<br /> ' ' 1. �aytneat of Aiact�aad Int�esB; Prtgaymeet st�d i.ate C�suges. Borrower shall psompdy pay when due the :
<br />-�''� r i n c i !o F a n d i n t e r e s t n n a h�d r b t e v i d e n o e t J b t h e N o z e a n d a n a m e n t an d late c h a r ges due under the Note. ��
<br /> - P A A �� Y Y P� Y �;
<br /> :`•,a �` 2.Tt�.s�or Taxeg au�l�ute.Subjeeq to agplicable law or to s written waiver by L,ender. Sorrow2r shall pay to �._.
<br /> • Lender on the day montbty paymeRts are due urtstEr the Note,until thz Note is paid in full.a sum("Funds")for.(a)yeariy taAes ��
<br /> aad assessments�vluch may a3tain priority over tlris Sc�uriry Instrument�a lien on the Pmperty:(b)yearly IeaseSwld payments �_
<br /> or giound rents on the Praperty.if a�:(z)Year1Y hazard or propeTty insurance gnzmiums:(d)Yearly tlood insuranae premiwns.
<br /> �
<br /> if anY:(e)Yeariy inartgage iusuraace premiums,if any: and(�any sums gayable by 8orrower to Lender.in accordaace with -_-
<br /> the provisions of paragrap6��in lieu of the paym�t of mortga$e insvrance premiums.'These items s►re called"Escrow items•" __
<br /> . L,ender may,at any ticue,oo�lea and hoid Fuads in an a�notuu not to eaceed the muximum amount a leader for a fedeial[y ._v_ -
<br /> . .��_ related mottgage loan may reyuite for Borrower's escmN acaoum u�er tF�e fed�eral Rea!Estate Settlement Prucectures A�of
<br /> � � 1974 as am2nd�f�t3mz to time, 12 U.S.C. Srxtio� 2601 et seq. (°RESPA"),untess anoiher law that applies to the Funds __
<br /> ` ` sets a Is�a*nei:vL..�F so, L.endeR may.at ang�ti�ae, collect and hoYd�unds in an arnnunt not to exoeed the tesser amount. _-
<br /> . � Lez�1C��nst�i��z amasum of Fuads due aa.Lize basis of carreat data aad reasonalbte estimates of e�cpendiaues of fnture
<br /> �a'�'+t�os o��s?ise in a000rdanr.e arith ap�i�a�bie law. --_�
<br />�. � . 't�e Fuuds sh�T be held'm an insdtuti�rs:�L�ose deposits are 'msa�fisy a federal agency, insE�meatatity, or enrity <
<br /> �. . (insla��ender,if Lender is sucb an institut�,l'�r in any Federa!Kom���aan�ank.Leader shall appt,�the Funds to pay the .�
<br /> en ank
<br /> �'�.
<br /> ' Escrnu�4k:ms.Leader may uot char$e Borcuwer fiir halding aad applyi.ng 8ie Funds,an�,ura]Iy analyziag t$e eserow�r.00nnt,or .. r-�
<br /> , .� verifyl"���e Escrow Items,uYile�s l�der pays Borrower interest on the Funds and a•�piis�`�!e Eaw pemnits I.ender m�a1ce��ach .��:
<br /> � , a ctlarrr�i�iowever.Lender may r�ie Eorrower to pay a one-time charge fQr an iad�a:tdent mal estate tax reports��..-ivioe �:
<br /> a
<br /> <:�,... � used by Lender id canne�tian with this loan, antess applicable law pn1-r.irt�es otherwise. Unless an agreement i�'� ur .. .. • _
<br /> agplicable law requJ�s_:_n�t to be paid.I.eader shal!aot be reyuirad w pay Borrowes aay inter+est or eamings on�Fo�r,ds. ,�;...: �
<br /> ;� �..
<br /> ,'.�. ., , Eormu,-�r and Lera;t��uy agrce;�-�;�rtit'sng,however.tbat interest shall be paid on the Funds. I.ender sha11 give to.iu;prower, '`' �' '
<br /> ' wlt6r�r�t�i�arge, an�nnnal ac�r�lg of the Furids, shn�7ng credits and debits to tke�ands and the gnrpose for�«Svch each ��
<br /> '� • debi�bcst�ae Fands was�made. 'f't��ds.are p1,,dSe�as addifi�al security f�r all sums secured by this Security insWment. �``
<br /> . . � If the Fwnds itetd by Letader exoeod c9e;�s�is permittc,d ta he b�f;L�j�lirabte law.Lender�ka�E aa:annt to Borrovrra �• s ��,
<br /> � �for the excess Funds in aocordanoe rr:,'2t:.��,ra�a3i�ents of�plicab2e l;:ur.:ll�.t�e autot�ni of ihs Fc�d�J�a�ld by Lender at anp %,� .'�-
<br /> .. � time is aoi suf5cient to pay ttie Er,�mh:�;a�ss�x�?�due,Lers�:ma�+so no�':f�orrower,i,�:rri�ng �si�:;►�such c�Boaower � -
<br /> . s6all pay to Lender the amount r�air�asrr,��.n r•,�dr up�the dh.f`�ency. Bo�rowes shaU�u��Lhe�:`.c�ency ia no moie tban ` r�.'.:�
<br />. . twelve tnonthly pay�ments.at�,i3r�.s''hrc3•.�c��an. . �`. � ' -----
<br /> •' Upon payment in full of ali sums s�ae�,by this Security Iusuumen� I�nder s�all promptly refund ta Bor�mwer atfy ;
<br /> . Funds held b �nder:if,uader P�S�Ph 21,I.ender shall �sell tito Pro r,qa :���� �.�
<br /> y acqaire �srty,Lender,prior to the a isition o:sale � ' �i�
<br /> �''�� of the Propeety.shall upply aay Funds held by Lender at the t3me of acquisilion or saie as a credit again.�¢t3te sums secured by �
<br /> •• this Sec�ui¢y Iastrumenl. ,
<br /> 3.ApplkatEon of Pay�cnts.Unless appllqble lacv�rovides ottaernise,all pajrm�nts recaaived by Lender under paragraphs
<br /> 1 and 2 shull!fe spplied:firsi,ta anY P�Ym�►t chnrges due onder the Note;second,ta amannts payal�le uuder Parag�ragb 2; � ....,.....
<br /> � � � thitd.to inte�st due;founh,.tr�pri�cipal due;�td tast,to any tate charges due tmQer the Note. • ::� -
<br /> .�,=' 4:Chsu�ges;�.{t�s.Borrqwer shall pay a11 taxes.acse�smsnts,charges.fines and impositions a,"�ii�ntable to the Pra,perty �� � �
<br /> . . whlcb may atktin priority over tt�Sec��iry Insuwnent.arv�.it�.seho2d payments or�tusd rtttis.if ariq.�3arna�r.tr'�rall pay'. �. --
<br /> � ��.,. these obligations in Yhe a�anner�gv�f,�ded in paragraph 2.or iQ?,r�st paid in that manuer,Ey�suer shall pay them on I����iroetly �.
<br /> � � to the person owdd Fayment. Borrnwor sfisill pmmgtly fumis�to Lender a}9 nodces of si�rsnts W be paicf under th1��ph. �. '
<br /> If Borrower make,�.t��:e paycrneats dir�ctiy.Bormwer shall promptly furnigiR tt��&aender m.ceipts avideneing the'payments:_ • . ,.. ,
<br /> �'`.•
<br /> ' Botrower sh.�ii;'�St�mptly discharge any lien which has priority over t�3�'s a::turity Instrument unless Borrawcr:.r.;!;z,�s in.���';,��,. .
<br /> ' writing to the payauns of the.�t�5�r�9tion secured hy the�ien ita a manner ac�:dtabte to Lender;(b)contests•�E�S�s,&fizsadl�ths lien ' ' ` '
<br /> by. or defends agrya�C enf�.r..�t�aa�:o�the lien in. legal Qi�ceediags v�uc6 in thc T.,�nQer's opinio�a,��;.�'�:n3•.��rivent the � . _
<br /> .. enforcement of th�;��;op(�j��s from.Jrr,-,�zat8er of the tien an a�eer�ent satisf�ciory to I.c�,:�i:s•rdinating the tien to �
<br /> ehis 5oc,vrity Instauic-�s•:�m•If L.ender deteraur,�.�,c.ltr�t any part of the Prag�ct�is subject to a liere wRi;��rf atttun pri�dty over � ' ��'�
<br /> '. '. � • �hls�ecur�ty Iastiv�ent,l.e,xter may give EU��ruer a notice identifying t,"ee lien.Borrower shall satc�'rys:t�e!im or take ons or �
<br /> �� '� mote of tho actions set fotth sboti'c within IO days of tho giviai�of aotice. � , � �'
<br /> ��_
<br /> ' . r•onr�3028 9t90 °�
<br /> ... • ' gGozol'�r ' ' .--
<br /> . ' _ ' . . . � � .�n_.
<br /> - _ . .. � . �'�
<br />- .. � � � ��-.
<br /> ' .. .. _.. .... . . ... . 1. _ . ., . ^ ( ' ''�.," � ` . �, F'I'.-.
<br /> � . '' - . .r- � . ' . ' }r r � . . . . •i, " , . . 'C� '" ��.
<br /> ; . . .. - ' �1; i_ '. ' , . .. . ' , .. . .. � , • . ' .�' ' . � ' . ' � . ..- .
<br /> . t ' ' . .. •-oi , �. • Ii 1- ' . - .. ' _ ` . _ ' . , ' .. . .
<br /> . . . . . . . , .. . . . �. . ' .1 - �� ' . . - .. .
<br /> � .• � ' . ' . . . ' ' . .•1. ' � .. ' . - . . - � - ' � „
<br /> • .. . ' •.. � � . �� .. . . . . . ' . �i . . ' _ . _, - . .. . . • . . . . � .
<br /> ;". . .. . . ' :" ' 'O . . ' . ' � - • .,- . •'
<br /> . ' _ �.: .. . . . .._ . ' • . . . .t •.` , ;'
<br /> ,, .. .. • t_.. , .
<br /> . .. .�. . . ' . ' . ,' ' � , ,��'. .� _. • ' . � ,�-
<br />
|