|
��:.a'uo�r:af:_���
<br /> .n.- — _- -
<br /> _�.�i.�— - r.�a.;;y};,' - - � -- -- .-� ._._--------� . . _.:.,� _
<br /> -�t��'.:��}�'t r? ,� . .���.�.v�+.
<br /> ����I'� .r._. ..� • --' -
<br />_--_ —°__M-.. . . ��+v.�s.tpWi{} �i:r.±th'�V- ' , . .
<br /> �' .
<br /> �- ....p� :.
<br /> •+Y
<br /> i
<br /> . � .. �.
<br /> -- a...'�,:�,. :"' ,�
<br /> -;
<br /> .,.
<br /> __'_ ' :' .fW''� . % _. . ,rt � � .
<br /> _ — ' ....r.� ' ...__ - ____ -_ ._'_____'." -
<br /> -,_"_._ - ...�.�.�� _ ..
<br /> .,�' � _.�w.rLi�W�� ��_.
<br />. .. _—_---'.._.._ .
<br /> -- ---_ - _ =-:-- 9�_ ����o� c-
<br /> TOCiE7'HER WITH ail Ihe improvemenl�nuw or hercaflcr crccicd un �hc pruperty,and ull cu.cmcm�,uppunenanceg.
<br /> u�d f�xlures now on c�rcaftcr a psrt of Ihe propeny. All replucementx wid Additiunti Khull ulso bc covered by lhis Securlty
<br /> =-- In�lrument. All of the forcgoing IR rcferrcd to in thix Securlty In.rnumom os thc"Propeny."
<br /> � ����y� BQRROWER COVBNA[YT3 dwt Borrc►wcr ia luwfully sciscd af thc estate hereby ronveyed und hu�Ihc�ight tu grant
<br /> :r�=�.�Ya*�_�1�_;-. � and convey the Property and thut the P�upeny ia s�nencumbered,eacept for encumbmncez of reconl. B�rcrower waRantn and
<br /> � �'� wlll defend generally the�itle to Ihe Property aQainu all claims►und demandc,subjecl to uny encumbraocec of recard. _
<br /> �:—
<br /> ---�--- TIIiJ JECURITY INSTRUM�NT carnbines unifarm cavcnunts for nAtionul use anJ non-unif'orm covenants wilh �---
<br /> .__..____,:..._ ._..�,�.-
<br /> - -� - - -
<br /> ���,���.,;.��;� limited wuiations hy jurisdiction to conatilu�e a unifo�m�:curity inxtrumcnt covering rea pmprAy. � -
<br /> ` • '�� UNIFORM CUVENANTS. Boaower and l.ender covcnanl and agrce as followx:
<br /> • _-----"� l. Payment nf Principai r�nd interest;Prepayment And Lale C6arges. BoROwcr shell prompily pay when due the
<br /> ---- -. p r inc ip u l o f a n d i n t e r e a t o n t h e d e b t e v i d e n c e d b y the Note und un y pre puyment and late charges due under the Note.
<br /> l a w o r t o a w r i t t e n w a i v e r b L e n d e r.Bo r rowe r s hull a y to
<br /> +��'-��• 2. Funds�or'Ibxes aad Insurance. Su6ject to applicAble Y p
<br /> ;;o���,.��:��.,,��_r Lender on the day manthly payments ure due under the Note,until the Note is paid in full,A sum("Funds")for:(a)yearly
<br /> ����'''�• tnxes and asses4ments which muy ettain priority over this Security Inswment as a lien on�he Property;(b)yearly leasehold `
<br /> ��-,.,-i.i .e�- .:
<br /> :�AtiF.:;��:.;;:'� . ps►yments or ground r+enls an ihe Propeny. if any: (c) Yc.n�'ly hazurd or property insurance premiums: (d) yearly Qoocf
<br /> �_�,y�,+�..,;,�;�y,. , insurance premiums, if any: (e)yearl y mortgage msurance premiums. if any; and (fl nny sums payable by Borrower to
<br /> '�:•.�r-�..��:�;;s�.�. Lender,in accoMance with the provisions of puragruph 8.in lieu of the payment of mongnge insura�xe premiums. These _
<br /> � 'F��``' � "� ���' � items are called"Escrow ltems.' Lender may,at any time,collect wid hold i�Lnds in An amount no[to exceed the maximum
<br /> n�'ti,t:l�:`:�r�f?��. �u �,:::�
<br /> ' ' • ,,,�,,;,�t;;.;.;,:e,;,;:'' iu�wunt u icmder for a f�rully related mortgage loan may require for Sarrower's escraw uccaunt under the federel Real �...-
<br /> ,m;-����,�� •�'• Eswte Settlement Procedures Act of 1974 as amended from pme to time. 12 U.S.C.$2b01 er seq.("RESPA"),unless another `�, r.�:
<br /> .,�;,� . law that applies to the Funds sets a lesser amount. If so,Lender may,At any tlme,collect and hold Funcis in an amounl not to ��,�';�.
<br /> ��-�� >;�,•,�:,,f K exceed the lesser amount. Lender may estlmate the amamt of Flinds due on �he basis of current data and reasonablc ___
<br /> �^�°,'.r"":�. � estimates of expenditures of future Escrow Items or otherwise in accordance with applicable law. _�_
<br /> `�` `''.'� ''�` ' The Fl�nds sholl be held ln an institution whose deposits are insured by a federnl agency, instrumentaliry. or entiry
<br /> ----�� .:• .,::;.,... 'b:. .,
<br /> - � ' (including L.ender.ii L.ender is such an institwion)ar in any Federa�Home Loan Bank. Lender shall Apply the Funds to pay ���
<br /> ��_- �3�u.,v.,._w.:ii3,.e>�.;:.
<br /> ,�����-�*- ~r..-•� thc Escrow Items. Lender may not charge Borrowcr for halding and applying the FLnds, annuuily analyzing the escrow �:_,•
<br /> . �.�!:�fi»r.,�;'i l-'� .r
<br /> ,�� account, or verifying the Escrow Items, unlesa Lender pay�: Borrower mterest on the Funds ond applicable law permit4 �:
<br /> _ _ ��:-
<br /> - _ •�� - •- Lender ta make such a ch�Uge. However,I.ender may require Borrower to pay a one-time churge for an independent rcal �_
<br /> , ' '4 � . . .�a ealate tax reporting service used by Lender in connection with this loan,unless upplicable law provides otherwi�ce. Unless un
<br /> _ :`�.?��: " ug�eement is made or applicable luw requires intcrcat to bc puid,Lender shull not be required to pny Bortower uny inlerext or �
<br /> -- - . esunings an Ihe Fundx. BoROwcr und Lender muy ngrcc fn w�iting,howevcr.thut intcrext xhnll bc paid un the Funds. Lcnder �,w.:
<br /> `�-� •.u:r�__: _.,�.� � Fhall give to Bormwer.without charge,un unnus�l uccoundng of�he FunJx, ,hawing credi�s and debitx to Ihe Funds und the �
<br /> �� ' u �c for whlch ewrh debit ta�hc Funds wa4 mudc. The FunJ�ure plcdged u+udditional x�urity Por ull sum�aecumd by
<br /> P �•' —
<br /> � .,�,.�.�,: thir Security Inalrumem.
<br /> :,�� �- -� -- It the Funds hei� by Lender ezcccd ii� u��x;unifi periniiicd in be held by npplicahle law. Lender shnll uccount t� - .-
<br /> �� Bc►miwcr for thc excexs Fund4 in accordun�:e wi�h thc rcyuiremcnts of applicublc luw. If thc umount of'the Fuods held by
<br /> - Lcnder ut uny time is not xufficient ta puy the Escrow Items when duc,l.ender may so no�ify Borrower in wri�ing,and,in �'�
<br />;~,�' ' r•�����•-� Q wuch cuse Barrower shnll puy to Lender Ihe amount necexsury tu make up the daficiency. Borcower shall muke up �he
<br />'�:?,�: . .�4r• • 'M� � ° deficiency in no mo�e thnn twelve monthly puymen�s,ut LenJer's aole discretion.
<br /> , Upon payment in full of all sums secured by this Security Instrument.Lender shall prompUy reiund to Borrower smy
<br />.�;;�,.� ° ^ •• Funds held by l.ender. If.under paragraph 21, Lender shull ucquirc or sell Ihe Propeny.Lender,prior to the acyuisition or
<br /> - � . ,;,.•..,,..<_• sAle of the Property, stiall npply anY Funds held by Lender ut the time of acquisition or s�le as a credit ugainst the sums �_
<br />'�,.�r" " � • secured by this Security Inswment. �'".
<br /> , N '' •b. �.;, 3. Applic�tion of Payments. U�less applicAblc luw provides othenvise, nU payments received by Lender under L
<br /> _ „ • � ' paragruphs I and 2 shull be upplied:first,to any prepayment chnrges due under the Note;second,to amounts payable under _
<br /> .'.:;s,� . , , • '. , paragraph 2;third,to interest due;fourth,lo pnncipal due:nnd last,to any late charges due under the Note.
<br /> '��•' ' , " 4. Charaes;Lieas. Borrower shall pay all �axes, ussessmen45,chnrges, fines and impusitians auributablc to the __
<br />- .. • „ !'►openy which may attain priority over tiiis Security Instrument,and leasehuld payments or ground reMs,if any. Borrower __
<br />-- � " �hall pay these obligations in the munner provided in parAgrnph 2,ur if not puid in tha�mUnner,Borrawer shall pay them on ;;�,,
<br /> .;,••����;�' � time directly to the person owed payment. Borrower shall promptly fumish to Lender all notices of amounls to be paid under �.:_
<br />.::r.s.,��,••• .i:,'.'- . this pivugraph. If Borrower makes these payments directly. Borrower 4hu11 promptly furnish to I,ender receipts evidencing =
<br /> °.;._,.�i:. the paymen�s. -
<br /> ° . ' Borrower shall promptly dischurge any lien which hos priority over�his Security Instrument unless Bortower.(al agrees _
<br /> . ••�� • " �• in writing to the payment of the obligation secured by Ihe lien in s�manner acceptable to Lender:(b)contests in good fuith the -
<br /> ; ,
<br /> ;;�: • lien by,or defends against enforcement of the lien in,Iegul proceedings which in the Lender's opinion opernte to prevent Ihe �;.`,
<br /> � enforcement of the lien;or(c)secures from the holder of Ihe lien an agreement sutisfuctory to Lender subordinatin�the lien �
<br /> • �j „ • to this Security lnstrument. [f Lender determines that�ny p+�rt of the Praperty is subject to u lien which muy attnin priority
<br /> '-`.r� over this Security Insuvment,Lender may give Borrower u notice identiiying Ihe lien. Borrower shall satisfy the lien or take _
<br />. " one or more of the actions set forth ubove within 10 duys of�he giving of notice. �-
<br /> • �� 5. Hazard or Property Insurance. Borrowcr shull keep the improvements now cxisting or hereufter erected on the �.,;
<br /> �"'•' � Property inxured Against losx by fire,hazards included within thr tertn "exlended mveruge"und any other hazs�rds,including �'
<br /> floods or flooding,for which Lender reyuires insurunce. This insurunce .h•rll bc maintained in the amounts end for the
<br /> t
<br /> .. Fwm 3028 9/90 rpu�r 2 n/M1�wgesl I--
<br /> .P
<br /> , E
<br /> d �
<br /> • ' � , • , • ' . „ . . . , �
<br /> � , .
<br /> . � . .
<br /> --,--- — .. ,...
<br /> . , . . ., ' . ' ..
<br /> �
<br /> , .r
<br /> . ,
<br /> ,• �
<br /> �� � '
<br />
|