|
• ' . ' _ ' _ . . ... G`. _" ' .` o . . '(�... . . , .... � : . :. �. _
<br /> . , . . . . .. . ` ���'` - .'.f.�a'S.t:i.�v-r'r:aRra
<br /> ` - . . . �t �"e�aY:h.... . ... .. _ . . ' - .. - . ��. ' , n, �• 4� � •.
<br />. �1 "_ --___ " ' _ __ --
<br /> �
<br /> '—_ .._.,. -_— ..._. �. ._� _ . _
<br /> _ ,--. -._. . :_- ..._� __._ ... _ .. . 7 _ ' c � . � .. } � � i - t . � h�.
<br /> . . , _...... • . � - . .. � .. �, . �l�4��ra 1��;�ir,� � .
<br /> � �����f t_..t �lp;µ� •� `^- -
<br /> � t � vr.. _
<br /> � �.i,i��_..=:x" � � ��:m
<br /> ' TOGETHER WITH aIl the improvements now or hereafter erected on the pro�erty.and all easements, appurtenances, and „.,�,.�:_. .;�;",_.-_
<br /> � fixtures now or hereafter a part of the proper4y. All replacements and additions shall also b: covered by this Security ��"=�. ' �.`" �``
<br /> `i Insm�ment.A!1 of the foregoing is referred to in this Security Insmiment as the"Praperty." ,`..`,��.;,�.,;�;;.,�,.�
<br />• • BORROWER COVENANTS that Borrower is lawfuUy seised of the estate hereby conveyed and has ti�e right to grani and � , ; �, ,���;�
<br /> convey the Property and that the Proper[y is unencumbered, except for encumbran�of record. Bo:rower warrants and will . �,.. , � � r �
<br /> defend generally the tide to the Property against all claims and demands,subject to any encumbrances of record. °' ` '' • `� '�H`•�', y"
<br /> � THIS SECURITY WSTRUMFNT combines uniform cavenants for national ure and non-uniform cavenants with limited u"���` �; � �
<br /> -• veriatiaas by jurisdictian w constitutc a uniform sscurit}+instr�unent rnvering real pmperty. _. �; , . :-. - •,�°
<br /> —lC. �!7_1_....L.�_�_L_:...
<br /> UMFORM COVENANTS. Borrower and Lender covenant and agree as follows: ,�:";,-- -� ; T j `�
<br /> 1. Payntent o8 Primci�s�l aad Fnterest; Prepaymeat aad Late Charges. Borrawer shall prompsly pay when due the � � '` ��' ':•`��#�:�_�'.-
<br /> principal of aad interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. '`-�•��` ��==t:'��,�=�,:r�-
<br /> 2. Ft�nd.s for Taxes pr.d Insnra�ce. Subject to a�ticable law or to a written waiver by Lxnder. Borror:�r shall par ca ���•_ , , �•.f'^ _` „ :�`
<br /> Lende�on the day montfily payments are due under t@e Note,unul the Noie is paid in full,a siun("Funds")for:(a)yearly t�e� , k_• �-' - ` ' �
<br /> and assessments wtuch ma attain riori over this Sec¢.Tit bnsuu_°�.�:�s a lien on the Pro e r> earl leasehold a �'s �''�' �`f+i'
<br /> Y P tY � P nY�ti Y Y P Y� ' _ ;.���`'� y � -.
<br /> or ground rents on the Property.if any:(c)yearly ha2��o-�r*a^er,�::��-ance premiums;(d)}�s13•flood insurance premiuuss, ;,�,�r �.
<br /> �:,ar.;,.,: �. •.. �:
<br /> if any: (e)yearly martgage irsurance pre��s. if a.^,.3;�f fl e.-tz �sms payable{�y Borrower to Lender. in accordance with • j ,•��
<br /> ' ' the provisions of pazag�aph L. i:.lieu of t�,�ayir.,ei:.z��z�r::-r��ge i�surance pre�um;.These items are called"Escrow Items." . , � "�-.f:-�';-��:-'�
<br /> g ap ,z-a�...,--�. .
<br /> � Lender may, at any time, . ��t and 4�e'_s� Funds in E-a�ount aot to exceed @:� maximeun amount a lender for a federally •'='r•_:...=''�' , t�:r
<br /> related mort�e loan may rcqnire for B�;rrc�wer's escrow acco:iat urd�r the federal Real Fstate Settlement Procedures Aet of �• -L- �?�
<br /> • 1974 as amed�from time to dme,12 U.S.C.Section 26Q1 et sec_ �"RESPA"),uniess another law that applies to t!+e��n� '`:==.-- ,z-
<br /> �', : sets a lesser,��unt. If so, Lender may, at any time, collect and ho}.�. fiunds :r a.-s amount not to eaceed t}r_'�.;. �:nrnt. . G ..} ,.�a� __ -
<br /> < �der may estimate the aynaunt of Fuscis due on the�sis of current data and reasrsEable estimates of expeeribt:z..�-es of fumr$ �''.,,.,.,,�: ��,__._,_•�•
<br /> �cc�vw Ite�x or ot6erwise in accordance with appticab:�:law. . .'� �;::f�
<br /> The �+ivak; shall be held in an institution whose deposiu are insured by a federal agency. insa�umentality, ar entity � `;. �-�:• '
<br /> . (including��er,if Leader is such an institurion)or in any Federa!.!�cvne Loan Bank.I.ender shall apply the Fuads to pay the
<br /> Fscrow Items. Lender may not charge Borrowec for holding attd app;•i�the Funds, annually analyzing the escro�v account,or �-z�r:- ` ""-`
<br /> ' verif}+ing the Fscrow Items.unless I,ender pays$orrower interest on the Funds and applicable!aw pemtiu I.ender to make such �•=�
<br /> � a charge. However, Lender may require Borrower to pay a one-rime charge for an independent real estate ta�c reponing service •�;�•
<br /> " used by Lender in connection with this loan, unless applicable ��w provides oLZ.rwise. Unless an agreement is made or � ;�:.' � �
<br />;;:�;;A'" applipble l�ia�cequires interest to be paid.Lender shall not be re�z:::ad;s��pay 8orrawer any ia;a-est or earnings on the Fun�. :fc : '�R
<br />.`�"�:. Borrowsr a�d:�nder may agree in writir.g, however. t�at interest�?��paid c�:s r�Funds. Lender shall give to Borrav��, ' �' `f���� 5�-
<br /> ;-•,.
<br /> ' . }� without charge. an annual acoounting of the Funds,s���ng credits az►d debiu ao etr�Funds and the purpose for whicb es�:3 !y � �-' �
<br /> t debit to the Funds was made.The Funds are pledged as a�ditional security for all sums secured by this Security Iastrument. _
<br /> '.� � --
<br /> � � If the Funds held by Lender exceed the amounts permitted to be held by applica6le law,Lender shall account to Boaawer �` � " �'
<br /> .�' >` for the excess Funds in accordance with the reqoirements of applicable iaw. If the amount of the Funds held by Lender at a-�y • �'� �'
<br /> j time is not sufficient to the Fscrow Items wheu due.I.ender ma so noti Borrower in�vritin ,aad,in such casa Borrower � 'S°' � '
<br /> :' FaY Y fY g ,:`;;�q;;s,:'.�"�..
<br /> . shall pay to I.ender the araount necessary to make up the deficiency. Borrower shall make up the deficiency i�no more than • � _;_;,,, '.:��
<br /> , twelve monthty paymenu,at Lender's sole discretion. �.'.�`° • •�.-• '� ••• '-
<br /> -...,..,;�...�.�� `=
<br /> � - LJpon p�yment in full of all sums secured by this Security Instrument. Lender sha11 promptly refund to Borrower any � �c•���,,.���
<br /> � Funds held ra�.�.ender.If.under paragraph 21.Ixnder shall acquire or sell the Property,Lender.prior to the acquisition or�;1� , a'° , ___
<br /> �•' of the Prope:��,shall apply any Funds held 6y Lender at the time of acquishion or sale as a credit against the sums se���'."vy -���,'��J„� . `',
<br /> t�is Security Instrument. . , 't•����/� t` ..: _
<br /> �.t . '�s. jlit�•,�`t�... ;:
<br /> , 3.A p p l f c a t i o n o t P�y m e n t s.U n l e s s a p p.l i c a b G:;u..u�r o v i d e s o t h e r w i s e.a l l p a y m e n t s r e c e i v e d b y L e n d e r w n n%�:r p a r a g rw p h s . - ..����5�.):S'!!�'X��
<br /> 7 and 2 sra'.+be applied:first,to any pre�avmez�t a'�c:.�±rs dae under the Note; secand,to amounts payable ur.vEr paragr�F 2; p 4�tf�;�;;fr,.rf���-
<br /> � third.to i:,n�resc due;founh.to principal��:;and last,to any late charges due under the Note. .�3:ti�•�.''•: ' '
<br /> � 4.C�es;Liens.Borrower shail pay all taxes,assessments, charges. fines and impositio-.�attributable to the Pra�n.y ``'%i��":°`-'�-°-}='
<br /> !�� which ma attain riori over this Securi Instrument,and teasehold a ents or round rents, if an Botrower shall a ��� �
<br /> � , Y. P �Y tY P Ym g Y• P Y �.
<br /> ; tftese obligauans in the manner provided in paragraph 2.or if not paid in that manner.Horrower shall pay them on dctte direcdy - ,�"�. ••�;.. � ;�: . .
<br /> � �3 +ra the person owed payment.Bonawer sha31 prompdy fumish to Lender all aotices of amounts to be paid under this paragcagh. �' ''}� ';;
<br /> • .�i If Borrower makes these payments directly.Barrower shall promptly fumish ta Lender recei.��s,e:�:dencing the payments. `�"`"�'"""`�" � �
<br /> , � . .:._..:,,,,..: . .�� a_-.
<br /> :{:. `, Barro�:r.�shall prompily discharge any lien which has priority over this Security Insnvr�y unless Borrower:(a)a��En � _
<br /> wriEing to t::��ayment of the obfigation secured by the lien in a manner asoeptable!o Lendcr.(b)contests in good faith tlze�htn -
<br /> _ �ty.or defCnds against enforcement of the lien in, legal proce,eAings which in:�:e Lender's opinion operate to prevent t�e �-�--:._-•. � -
<br /> t�forcetaeat of the lien;or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the liea to ,�- , :.• _ ___
<br /> .�;;�s,.�; this SecurJ,S�PaiGtrument. If Lender detec^�ines that any part of the I.kooerty is subject to a lien•M�!�ich may attain prioriry�sv�:r .�+....�
<br /> ���� this Sect:r':r irc�trument,Lender ma �A�13�;rrower a notice iderr:l`��st¢ the lien.Borrower sN.al'�,tis the lien or ta[ce or.e or '�'_"
<br /> ,::�):st'.:� � � �� y I� " L fY
<br /> • more of tF�e:s�:ons set forth above wi*.i:iig 1��days of the givir.�c€�sv:�:�:,:_ . -�'_�
<br /> xam 3028 918d z�' '.' ._'_'.
<br /> ,,.:,:°�,��,�=.
<br />� � Poae Y o�o _ _ --
<br /> �+
<br /> , } ' . � � ~��•:
<br />� ' " . . - � � . • . - ' . • . ;s,;,� . . . � . . • • . . _ . . ' . . .. . .. • . . � .- .• . . . � ._•.
<br /> • � �. - ' . . '.W: . . � .. � • . . . . . . � .. � � ... . .. �-'-�:�.Cu'r��r�r»...
<br />- - - , �;i � - ... . .. , . . . - .. - . - � . ' � . . .. . _
<br />. � � . � � . ' � . . -. � .. . . " . . , . . , . • - . .. . �. . ' ... , � � . ,_ . . . ... . ..s.z,
<br /> . • . . - . ' - . . . ' . � . . , . ' .. . �. . � � � ' . ' � . . � � . }.49CC?.
<br /> _.._ _.. . _. _. �, -'�.--"-- --�, " ��—`_- - - — - — - - — — — - — -- .. . _.- - - . .
<br /> —._ „"
<br /> �
<br /> --:..--- `----- ----- ----. ...----- � - - -- - - - - --" -- � ---- --- — ---- —�
<br /> . . � . . . -. . .. . . , . �. • . . , . .
<br />, . . . ' . .. : - � . ' � . . . - . - . . • � . .. 1-�
<br /> � � � ' _. ' ' , . ' ' ' � ' � • . � . .. "' � .� ` �+ .'� .. � .• . • �, . . . • ' � + ! . .�
<br /> .
<br /> . .
<br /> . . _ - . . - ' .. . ..
<br /> , :.. ..� . . . . �....._...�..... _ .._. .. _.__...._ _ _ � .. . .
<br /> ` .
<br />. . . . -.__ .-... . � ' .. � . _ �� ,. �• .. ^.'•. .. . ', ' ' • ..
<br /> .. ' . . _ .. � - . - �, •¢i- ' , . . . .
<br />.. . . . i � .. .. .. . _ �. . .... .. �. ..t'+':. .- " . .... � • _ a �. � � � � _ . . . " . _ , ' _ - . ..
<br />
|