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96106673
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Last modified
3/11/2012 10:21:11 AM
Creation date
10/19/2005 3:56:55 PM
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DEEDS
Inst Number
96106673
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- ---�.. _ . _. - ---a-- _ ----.-_—_. ._ - _ -_ _- — <br /> bo�,:,�•.--, .. -._ - - : �,,�"....--:�s:;t�.�-�vx:-�-,.i.-:�•.:.���,._3 -- _ __ -- <br /> � ,ww�.'.t_o- . . . � . . - - - ....nr.�.,�et� _ .. , , � _-- :�- --�� _— <br /> 34_Y �:� , . . fF .� �ri�~py���.iM'ii��yt�{v� �•.�- _�r! _�—�.t.M�•r��R�. -- � . <br />� -:i4".�"3c�iT�� ___ `.Y..tt•!`fYl°±'.-1;1iR '.tAlwL.qR.'l�`�W�vW9+'�'. ' _ ��� ._�-_v�_ .. <br /> �'lXllil`HEiR WITN all the impro�•riuentx�w�w or hercaftu cra^tnd oc�t!x Qcopeny.;ux19�e�eme�,���R��e.s�wti;il - <br /> Pixwres now cx Stienafter a past af the p�aperty. All rcplacenxnss and ackiitans r�lull alsu be co�'erai by thit Socurity <br /> luusumcnt.All�f'the foregain� is rcfercal to in this Security lcstrunxrit as thc"Property•' <br /> fiORLiQW�.4 t.�(?VENANTS that Hiurowec i�lawfully seluxl of the cst�tc herzby com•eyecl at�d tws tho iight tn�cant And <br /> nwtivey the Pruperty and that the:Pcoperty is w�encumberal.e+cee�x foc ecxwnbrances af recwrd. Beuruwe;w�.urautr• iuJ w•il! <br /> clefztxl�cnerally th�titte to t1u Propeny a�ainst a!I claim9�J JCtrw►c19, wbject ta wny eati:umbratutis o€rarord. <br /> TNIS SECURITY 1N5TRilMENT cambines unifmn �o�•enants for n�tlwial use rad non-unif�csn�oVeww►s with �inuted <br /> vui�ttia�.�by jurisdicticM to rw�stitute s►wilfun�security inszruak:nt cace�rail pr.3per�Y• _ <br /> UNIFORM COVENAN'iS.Botrow�cr and l.ender mvet�M�nd atree s�s fhlluws: <br /> 1. Payauot ot Priacipsl xod Inta�est: I'rcPvymeat �od Lste ChsrQes. Botiro�u cltall prompt�Y P�Y When due the <br /> principi!oF r.nd interest on the debt�videnood by the Note and any prepayn�uu and i�te charges due under the Ncue. <br /> 2.Ftiedt tpr Twuc aod Iocur�aooe. Subjoct to applie�ble !aw or to a writtc:i waiver by t.ender. Borrowtr stw11 p�y to <br /> L�eader on the dsy moiuhly paynxnts xce�fue u.�dcr th�Alotu.wu�l thc hote is paid in full.�sum("Funds"?fM: (al yeuly taxes <br /> ud auesstnecus whic6 may sttain priority aver this Security Iaurutne.�u as a�ien on thc P�nputy:(b)yeatly leasehold paymeats <br /> or gmwK1 teats an tho Aropeity. if any:(c)Yearly hazard�r propeny insurance pcemiurtu:(d)Yea*ly ftaad insuranoe premiums� <br /> if an�•:(e1 Y��Y mortga�e i�uuran�e prcnu►unc.if any;and(� any wms payabk by Borrower to L.ender. in aani+daiwe with <br /> tue provisionc of pu�gnpb 8. ia liw of the payment of awrty�e inwrsace pre.miuu's. 7'htse iunu ar�e ealled "Fscrow Items.' <br /> l�der may. at�ny timE. mlkct and hold Fw�ds in �a anwunc not to excood the muinwm �ount a knder for s► foderally <br /> rolated mwtrage loaa m�ay cequire far Bomowu's acrow aocount under the foderal Rtal Estate Setdemeat Procoduns Act of <br /> 1974 es ametdod fn�m time to time. 12 U.S.G. Sation 2601 tt seq. ("RESPA'),unkss snother!aw that applies to the Funds <br /> cets a lesser amouat.If so. Lender m�y.at any time.oolloa and AoW Fuads in an amount not w exoad the lssser amount. <br /> Lender pyy estim�te tbe amount of Funds due on the b�sis of cumnt data end reuon�ble estimates of eapet�ditures of future <br /> Etcrow ita�or othawise in xoadance with applipbk law. <br /> The Fundc shall be beld ia an institution whose denosiu u�e insurod by a fodoral agency inunimentality. or rndty <br /> (iucluQing l.ea�ler.if I,ender is xuch aa iastitution)or ia�ny Foderal Horae Loaa Bank. Leader sttiall apply the Fuads to pay tbe <br /> Escrow It�ans. Leoda may aot cl�e Borrowa for doldi�8�aPP�Y►nS the Fw�ds.uinaally aiWyzing the escrow aoeount.or <br /> verifyiog the Escrow Itans.unias l.ender pays Botrowu interesi oa tbe Funds and applicabk!aw pemiits I.uxler to m�lce wch <br /> a charge. However.Lrnder may rcqoire Bortower to p�y a oae-time c�harge for an indepaWa�t c+eat estate tax reporti�8 un+�a <br /> used by l�mda' in 000c�octio� witb this loaa. unlesc apQlic�bk Iaw provides othawise. Uuless aa �great�au is m�de or <br /> �ppiic�ble Iaw requires intesnst to be paid.L�ender sball not 6e nquia�d ta DaY Bor�wer any iturr�st or arniags ao the Funds. <br /> Bonnwer and[.�ader may�roe ia writiag.Isowever,that isue�st st�all be paid oa tho Fuads. Leades shall givc w Borrnwer. <br /> with��ut chuge, art a�uwal aocauAking of tLe Funds. stwwing credits rad debiu to the fiw�ds a�d the putpose far which ach <br /> dcbit W the Funds wzs made.'F'6e Funds are pledged as�dditioaal security far 911 sums socaued by tdis Soauity IASUUmd�t. <br /> If the Fuads bejd by[.uder uoxd the amouius perrnitted to be hdd by appliable law.l.es�der s�ll a000unt w Bamwa <br /> for ihe excsss Funds iw socn�dance with the[equi�ents of�pplicabk taw.If the amount of the Fwds beld by L,eade.r ai�►y <br /> time is oot suf�icieot w pay the Fscmw Iteats whea due.L�ender auy so notify Bomower in writing,and.ia wc�case BotrowL—a— <br /> ♦��� �_ }i��_ J_e Y D 1 �L� M►�Y l{�F1M� ��f►1MK�Nil. _ _ <br />�- . . ��m�.MM�� �r��TiSS�r W 11tiL6 Y�/Y�i {nrlN.�a�)� W^i�wv�. � _' " _ <br /> [WC�YC D'10MWY P�Y�s.�[L.CII�CI�S SOIC fSiSC7�iOn. it�IlOd W BO�TOWG!9� <br /> u��ym��n�,u of�i ���+ea by ws socw�ty�u,�au. � �u�o�y y <br /> Fus�held i�y L.esa-S�.It,�tnder�gra?F'21,Ilader shaall acquire or sell the Propaty.I.eader,Prior w tbe acquisitiao or s�ie <br /> of ttie Propaty.shall apply any Funds txld by I.ender�t the tinoe of ocquisition or s�Le as a credit�aiau the su�savred 6y <br /> Ihis Sewrity Insaua�t- <br /> 3.Appiitstio�of Piyme�tc.Udess applipbk law provides otberwise.all psymeots noeived by l.a�dtr under para� <br /> 1 aad 2 sh�16a�pplied: first, w anY P�Y��Bes due u�aier the Noto:socoad.to 9i•,,,��•,r�payable w�',er par�r�h 2: <br /> thud.to interest due;fauth.to�principal dtie:aod last.tu any late dnrge�.d:ae und�er d�e Note. <br /> 4.C:Y�r�es;I.ie�.Horrower shall p�y �Il sa�ces.^c�s.��. dsa��'es• fines aad impociti�as atrributab�e to the ProQe:ty <br /> which may awin priority over this Sxurity Iastnimeot. aod�es�old paymms or��ou�od rents, if sey. Boimw�ct sball pay <br /> these obii�atioos in tbe a�aaer provided in par;grapt�2,or if oot paid r�n th�t m�nner.Borrowa sLall pay them oa uwe dirxtly <br /> to tbe person owed payment.Borrowa shaU Prom�tlY fumish to l�es�dcc al!notioes of amounts to 6e paid uades this pan�rap8. <br /> If Homower n�tces these payma�ts airecuy.saaawer sl�tl prompdy curni�co I.a,aa roodpts evida�«ag t6e paymeats. <br /> ' BorroweJ s8a11 promptlY dischu8e wy Iim which has ptiority ov¢r tDiis Socuriry Irutrvmau vdess Horrowa:(s)agnees ia <br /> writiag w tl�e p�ymeuc of tlr s�tig�tion su�rrcd by the liea in a m�noer�tabk w I.eader;(b)oontests in good faith the liea <br /> by, or defeads against eofon�mast of the liea in, lega� �dic�s which ia the 4�dea''s opinion operate W p�+evwt tLe <br /> eafot+caneat of tbe liea;or(c) socures fram tbe hoicier of[�e liea a,a a�xrmes�t satisfacnuy to I.ender subordinatia8 the liea ta <br /> dus 5e+curiey I�wr�meat. 1f i.erder d�ines that�y part of tbe Pnz�x�ty is subjax to�lien w6ich may attain prioriry ovei' <br /> this Se�rirY Fasussma�t,I.ender may give Borrowa a notia identifyia�tiie liea.Borro�xu s1�a11 satisf'y the lien or talce ane ar,,. <br /> mooc�tbe sctions set fott6�bove wittun 10 days of the giviag of aoti�Y. <br /> Fa..� 9JSo <br /> ' . �p.2aa ... <br /> . . ' -� <br />
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