|
�
<br /> � _._� _-
<br /> ----- — :...
<br /> . . _ _
<br /> _ _.. . .. - -- --
<br /> .-.:..._...---.:.r:,..- - �
<br /> �.... . . _, _ .. ._ '- ':-��.--+1:-..��="�r.�.::_ .- __ .�:�9 -�-� _.— ---
<br /> ,r. ...,..,,:..�,E-,t�--- —_ �� �_ �"='.�"°""r..
<br /> _ _'.�-�
<br /> •�------•-- .. _. . ...: .._�.
<br /> - .�_�._
<br /> ---� —
<br /> • � TQ�aETFiEA WITFi xll tM rripro��tnNiis now or hsrwft�+ r�c1W on IFw WoP�Y. �nd aY wiwn�nt�. �RuRw�no». and �
<br /> r s�e+d uidiibns shrr�Iso W Gowr�d by lh:s Secu�ly Ins4unNCN.
<br /> xy,*::r n;+w cK hMee�lf+R (+«t pt IAt Evopirty A!� �y4��w
<br /> I�ot the br�gc�k�¢k tt�Mrad ta m ti�ia Sr�:+uritl+Instrumar►t as tM '!'ro�rty' �-
<br /> HtliiFtOWtH CO':��AlVTS thal Bon�wat Is {a�A�ty iN=�d oi t!» �lal� hwi6y canv�yW�nd haa IM rqht to qnnt and -
<br /> ct�n:oy lfia Prop�+N r+�d tlwl 4'1a Propdty �I� uns�cun+b�rsd wr.�l !u► �ruu�s�b+�ult�a ot ncad- Bor�ow� watnnts �nd wW --- -
<br /> d�nd 9�c►K�JIY the filiw to t�t Propriy�qaMut eli cfWna u+d dw►ands, sub�ect W iu+y sncwnt�nnca ot r�cad
<br /> TNU SEGUHIZY INSTAUMENT canbina un�orm wti�nants 1or nationa� u�e �nd non w+ilom+ covwiaiK� with Ir►Wd _
<br /> ti�;�C;:.�s hy�+s�t�=�t.. ���-'�ute a unieu+m s�cwR�t hsUwn«it covrv�rwl Wapw1Y• --
<br /> I�tJLFOqM G��'fhRNTS Borravw uid lwtidar co.wui�t and agraa as idfows ((� —
<br /> t. Pa�msast ai Princlpal wx! kat�rssi: Pr�psymant ind Lsh Charysa. aa�owor ;:�uu pr«�aW �r`"�+�^ __
<br /> due trt pr�x��ai ct anci nteroat o�Ihr ci�bt ��d�►c�d hy th�Nus�and onY Pr�WYrc.wu and Iate charqaa dur undx iha t+tota. � —
<br /> 2. Flirida t0� l�xef ind 1�liuritlCi. SubJ�ct to +PP�+d�Ww o+to�w�itt�n waivYr by lvndor. Bara►qr shaY WY
<br /> W L�de►on ►Nt day mo+`U►�Y WY��U w du� uncfir tha I�tato. unt+t t�� Nota Is p�: in tu9 a sum ('funds'2 tor• (a) yMrN � �
<br /> t�vt s++d ass�ssminLlG whitl► nwy�tt�in ptbrilY ovK lhlc S�auitY Insitu�w�t u • IiM� on the Prop�tY; (�) Y�1+ IMSMoId
<br /> P+Yriw+ts a 9ro:u�d reMs on tA� Rop�rty. Y�rry: (c?YM+N ��a P�oPo+tY ncuranca{u�rt�tums' (d)Y�►N KOOd �� ---
<br /> prentiums.i any: (e)1�rtY�9=G� iru�uar►a P►�miums.R �ny:and(Q anY wrt►c P�Y+�bY 6ortawK to Lend�r h accord�na _
<br /> wilA th� provWor►s o1' pw119raPh B, in ilw d th�paynw�t o�►natpa9�lnsu���P��� Thos� RMns W� calfod 'EsCtow
<br /> IGm�s.' Uruia nry. �I 1�t�Y 1imr,ao�t and hold Funds h ar�unt not to wccMd ths maxk►wm�rr►owN� Mnda ta a _
<br /> kderalPy r�iaiW rv+ort4s0e b++� ^'�aY�'�4�+Ms lor Bortown's �saow aocuunt undrr itw I�dral R�al Estat�S�tliMr�ent Proc�duns�
<br /> Act ot 1974 as srr�d4A irom linw to 11rtwe. 12 U.S,C. �2dDt r saq. (
<br /> 'RESPA'). unhss uwtM► Iaw that appli�s to tht Funck
<br /> sKs a Mssar rraura. 11 so, Unda m�y. rt any tinw, coMct wd hdd Fun�it in�n atnow►t noi to excMd tha Nstar unc.`un.
<br /> Urxsa may esti�r►ata tta a�r�o�uk of Funds du on tM basts of curt�nt dW and reaso�aCle �sUrt�ates o�a�P�d��
<br /> Escrow Items or othawlsa in accordanca wilA applic',able law.
<br /> Ttx Funds s!�Uo held in �n insYO+tion wAos�dePoaits a� insund by a tod�al agmcy.insvurtwnlaGtY. or w+tity('nc.iudin9
<br /> Lendr, � Lander Is such sn K►st+a+ticx+l a in any Fod�tal Ha�u Lwn Bank L�^d� s1uY appy th� Fw►ds to pay Uw Escrow
<br /> Kems. Lmder may ncN chugQ Bortow�r for Ao{�n9 and a�p111h9 1he Funds.aru►ual�Y+n�tf�^9 the�suow account. or vKityietq
<br /> tM Esaow Rams. unlacs L«�der pa1K Bo+TOw�r int�rsst on the funds and �pptcabi� law pwmits L«tid�r to m�A� wch a
<br /> charge. However. tmclo► may requir�Bortowa to pay a o�a-tlrn� charga tor an �dr�t rMl �state tax r+Po�tinp s�^r�e
<br /> s�sr! Ey Lendw' in conn�ctlon with thls k,an. unlass �PP�� 4w prc�vides oU►orwis�. lk�Mss an s9rMrtMnt is mads ot
<br /> appiicable Vw requlrt�htarast W b� p�ci. Landw shaq not be required to pay Borrower ony inLnst ar Mrt+hqs on tl►e Fund�.
<br /> Bortowor and L�nder. may �ee h wrili�g, howavM. thaf intxest ahaY be ptiJ on tM Funds. l�ndr sAaY 9ivt to Bort'ovw.
<br /> without duirga, an uuw�k a�ccounting ol the Funds. sAowing txodits and de6its to tAe Funds and t!u purpot�br which McM
<br /> d�hit to the Funds w�s rtwl�. 71w FimrJ:, ar�pi�lyed as additio�wl saaxily for all sums s�cund Dy th�S�a�itY Instr�y"�^L
<br /> It tfw Fwuls hd�d by Lender a�ihs vnounts p�miitted to bff hatd�y appicable hw. L�nd�r shal account to Bortovr�r
<br /> fa thQ azc�ss Fun6s 4c mxordanCe w4h tM requiremants of appiic�('+t�kw. M tt�e amout►t ot tAe Fwxls Mld Cy iand�r al�ny
<br /> time is not sufGcienl ia t%:i�the Escraw Items whert Jun. Lender nwy so notity Borrowor in writiny. and.in wcl+��w
<br /> shali PaY tA Lmder the �maint n�essuY to make up L4e daiciricY. Bortow�r shar m�ce uP th�dei�encY�
<br />� 1W�hff rt�C'JY{y!I{���� 01�9Rdit�S QUIR�tCUltIW1•
<br /> tipGn•�-aynwu in kaN of aN wms arjc�ued by thls SecwitY Instrwna►t. Laxisr shar P�'�PyY�^d to BortowK� �
<br /> ' R•#d r�le•+�+►. I�. �w►.4'�ph 21. �«,der st�ar acquire or se�en.ProPaty.L.nd.r.a9or so uti.scquisiNO�
<br /> properry, shal++PDM�l Fir►ds MId 6y LeedK �t tlw time ol aequisitioe or sals as a�dit�p�inst tM sums searru b�thfs
<br /> S�currtY It►attun�ait. �S �� � a�s othe�w�e. aA WYm�^ts �+� pY t«�d�r under
<br /> 3. ApplicaNan d Paymetas- dw undr tne t�lot�: s�cond.to ai,+o�rits piy�blt undr
<br /> pars9r,Pns � .na z �ee a�c.a: i��.to.�v a�wr���
<br /> para�apn r,�d w i,w.ai dw:rowm, to Prr+a�aw: ana�s�,co.ny r.c.�rr,�.s�ana �n�,o�rooru am�ura�+" to �he
<br /> 4. C1w�s; 11Mts. e«rowcr shal wr a wus. sss.ssi+Knb. cN.rq�s.
<br /> Pr�opatY wAlctt awY xlt�'si Prio�itY ov�r this S�a+riY{nsL�.and i�as�t�old WKn�r►ts a Qw+nd��.��►Y. Borrow�r shtlt
<br /> s1 r t. ui :,—��=� �..wwr,.iL�{erwr aAN gN 111r,m`Y
<br /> psY ti+w �in 1M q1�M16r� P�� _.
<br /> dir�e�ty W the pusam oew�d p�Ynrnt Bonowe�s�1 P��+�PrY�rnisn to L�Kfr ai no'�ioas at a:esc:srsts to Es p�d urtdes Uas
<br /> ,�apt,pN, It 8oaa,wr m.k�c th�o aayn+�nLs dir�tlfr. earower sl,a� proaaptK t�h w Lenaer rooeipts �vidrwil9 �
<br /> ����xpmpy/ di�harge any Yan whlclt has ptiorily rtvd this SeauiN �►str�x�w�{ass Bcxrovrw: (a)a¢eea tn'
<br /> writiny tp tha payrrvte�l of the o6Y4�tbn secured by th�tien in a matxtix sccePiabM ta Lendr. (D) ea�ts�^ 90��h the
<br /> ien by, a dNr+Qs.a9�ins1 oniarc�riwu ot ihe Yen Yi, legal Procee�^9s W� in ttu lendr's oprtiion opKate to pw�M th�
<br /> adorament of tl+e 1ien: a(c) s�ax�s fran the holddr of tM{ia�an agnem�K s�di�ctory to Lond�r wbat�Q 1� Y�n W
<br /> Mis S�a+�Ylf tr�stru�n�. H Lrtidu Qatarrroin�s that srry put ot tho t�csp�rtY is s+iblKt to a iien which mry att�in�xiaily ovw this
<br /> S�curity k►strw�nl:O.�nd�r maY 9hre �towr a nodce IdpntUyirtO tf:�.li�n.Bartowa a►+r satisM tha ien ar taic�on�or mon of.
<br /> th�acYons sat tort�abov�wattin t0 dw/s o1 th.giriiy of natica
<br /> a. 'ria�..M w - --b'''r'!'�� ���•BortowK sh�Y ►�4%Sfie+rK'+ro++�wsu^°w�or 6erMfMr�r'u.i�d on tfit
<br /> py�operty insuhd ay�tr►st bss bY fr+. haards incM�d�d withh Uts t�rm 'eoRend�d cowraye� a�W anY atha ha�ards.indudr�Q
<br /> /oods a�ooan'}'.tor wtfich Lw►d�r nquir+�Insurant�.. Thk insiNanca stW b�rt�intaYwd in ttN anaunts�trci ffx ttf�Pwiocis
<br /> tl,.t �anan nqu��es. The insury+e.arrier aro+ridn9 u,e inswanoe stw be cnoa.n br Boe*aw�sublect to t:a,a.r�s a�vrowl
<br /> whitll sh� not rw un�wsonabtY withheid. M Bartawer t�ils ta aca��tain cav.ra9e dueri�d abo�ra lencJK maY. at Lwsder's
<br /> opDOn.oDtah ar�vraps to prut�cf L�ndePs tiphts in the PropeRy Irt ac.r.otdanca with paw�aph 7.
<br /> A1 inwrancaa Poici�s and nnc�vais sh� ba acceptaWa to Lunder snd shal inctids a stand�nd mo�t�pe dtus�. Lender
<br /> sha�hav�tAe rigAt to hotd th� poici�s and n�ewals. 1� Lride►rpuies.Borrawr shr!pr«�NY 9iw to lendqr a/nc«pts of
<br /> P�Pt�r:u:r�.�-�G r�-K+w�l na�as. M tF»�nnt o1 bss. 8atowr sh�ll,�ive pmm�t nWie�to th�insurancs aa:ier�nd Lendar.
<br /> �,p�dr m�y,:.�e pmof d bss Y not rt►�d�promptly bY Bortowor.
<br /> lkdsss Le�r�d�r and Bortower othuwis�a9rw n writln9� 1nsWntsu prec�eds sh�fl b�apy�Yec!W restoration or np�ir d the
<br /> R'Qi�Y �;�d, if the nctotatiun ur rypair is econotrdcaltY ttia514dk and lendt�s seauity is nW {essuwd.H the resloration or
<br /> repair is not e�onaNcatiY Na�c+hM or Londer's securiry wwtW b�le�aes�ned.the hsvrar►ce Proc�a� slW1 b�aPPied to the sums
<br /> seaur�d EY ti�is S�au�t71 hstrument,wh�th�r or not then due. +� any excass paid W Bartdw�r- N Bum�wer abandons th�
<br /> propwty. oc doM rwt answ�r wilhin 3o days a notica from Lendar that tne ' tnsursr�ce roston th� ProPatY ar to�sums
<br /> l.ondr ma�wbct the instxanee proc,oads. Lendr may use thrt pr�ce�tls reD�ir
<br /> secured bp tt�is S�arit�/Instrurrwt►t,whetha or not than duc. The:iR-0ay Pariod'ro'�bagin wMn the notice is givan.
<br /> - Unt�scs t��clR arsd 8orconrer othetwisa a�aa ir+ +wr�+8- �Y �Dl�^ �� a�� tO ��� sl�fM not extencR ar
<br /> postpont tt,� dw dW ot th��o�WSH PaY� �to in p+�r»9i+�+�� Z cad 2 �C.�'.�!he snsoss.^.t ot L�!e n.;�nts. It
<br /> under W�'�?+�Ph 2t tlw Propah is�c4�►�d by Lend�r. BotrowePs right to any insurance Poticies �nd Proceeds �^9� . .
<br /> d�n�qe �cr ti� PiroQrtY Prw� to tls� aequisibo�► st,�1 Pass to l.end�r to tbe e�tt oE ffis saqs by tl�s S�a+r�Y Ins�r�wa
<br /> �Y P�W the ac�isilion-
<br /> 6. OCCtlpa�iiCy, P���• � aHd PMbCtiOfl Of �1i PfC��+ ����= LOaf1
<br /> j�j��ip�t; L�/�i�hp{de,BortowM'st►all oca+PY. est�bi6h. and us4 tM PropartY�Bortower�s Pmdpal n�sid�C�wittrn
<br /> sodY duris dw the �oc�cutior+ ot tAis S�axitY Instnm�nt and shr�l conbnw to oec+iPY th+ PropatY as Borrower's prr+�pat
<br /> r�si�n�t�for at I�ast on�yMe dur thQ d�te ol occupanc�l.u�ss Lend�r oUwwise agnea in wriding. which cons�nt shall not
<br /> ba�i,rveas«►abN w+thh�Id.a wress e�ax�ating ci�a�nstances o�i wnicn are tx.yona s«ro�:.r•s conaa. 6«rower shaN rwt
<br /> �y,o,�,. ��a�r�p�ir ths prppeity, aiow th� Property to deuri�xate.or carmit waste on U►e PropertY.Botrower shal be n
<br /> d�Faudf if any tawilur�action or proca�Y►g. wMtlNr civil or cri�►xu1.is bequn that in Ur►der's good faith jud�er►t could rosull
<br /> in ta�i4+rt oi the Propriy or otherva�e rr�ir�'aiY in+P�ir the tie^�°ated by this Security InsVUment or Lender's security+ intercst.
<br /> _- Ft3•9 L.M13 f3/96)
<br /> Pye 2�t 5 � �
<br /> � %ti6
<br />�� .._
<br />
|