|
� •��_`c2` , ~ ,�:Y:;�_ .. . �J:.����"._.` � �°a.:..� :s��.`.:.,�:��c .t.. ��� -44;'� �i v�u:.�'�_
<br />. � � -� - - _ . =-�—gxa ..:�,.�. " ,�,�a :_' _ � _ _[ _<;: �. 'Y�
<br /> � �=i. . �.t •��'� �j- . � _ , �i'' t=.'� 4_ `.
<br /> . � — ' � .' - � _ IQ �^ _
<br /> .. +"� t <
<br /> _. .�i' RT � _ . _ _ l8' . '�. ' .. . . F � ` �, _ d'�.
<br /> , E� < o� `1 -;Q� .. .o . . � . � `r; _ -
<br /> ..".e � � . . , a . . r.-� ' - . e ' . .�< . .. . �,�` _. : �.
<br />. , � ` " .. -C _ . . y'`. '4L .4. U.. .�f,.' .. � ,F, . F. . . • .�_ , ` ._ , c. �F . .
<br /> . . - � � , - �c . . "4., , 'r� . . t .
<br /> - �.� ' - �s� . .. . � : `. .
<br /> ��.. . , . . . , ' . , . �. �' .. . . • � - �< .� � ~�f"
<br /> . . • .
<br /> - � z —r' �- — '=t.� t�c i--- —�� � — . —_ -� _ �a _��._..
<br /> y ' -- -• - • - --�-•-'�- � .� - ` - - ] _ ^e ;�,�,
<br /> _ , ;;.
<br /> f F . �•
<br /> �. 9�,..���� �`
<br /> •, , f TOGETHER RtI'[YI all the improvements now or hereafter erected on:he property,and all eas n p and �;y` ,
<br /> _; �� ' . .. ,� , fuctures now or hereafter a part of the property. AII replacements and additions shall also be covered by this Security I ;� �..�. .°.
<br /> , •,;' Insuument.AII of the foregoing is referred to in this Sacvrity Insuument as the"Property." � ,
<br /> � `::% B�OItROWER COVENANTS that Barrower is lawfutiy scised of the estate hereby canveyed and has the right to g�ant and � ` � "' - _
<br /> ;� wnv the e and that the Pro e �s vnencumbered,ex t for encumbrances of rewrd. Borrower warranu and w71 ���t. � ,t, .��-
<br /> � ..,�-. .
<br /> ..-�-�.--y.^°,:�. �,7+ ProP nY P rtY � ceP .
<br /> . � defend generally t6e tide co the Property against ail claims and demands,subject to any encumbrances of record.
<br /> -_ - -�=���--==� THIS SECi3R1TY INSTRU1VfENT com6iaes uniform covenants for national use and non-uaiform covendnts with timited -- = - - --
<br /> .. _ . . .<�<< . .
<br /> �. , variatioas by jurisdiction to oonsutute a uniform security instmment covering real property. ,
<br />�,,.�� °,: " ; • � ,y: U_MFORM COVENANTS.Bomower and L.ender cavenant and agree as follaws: �':.�-.��,;� � .
<br /> ; l. Payruent of Priadpal aad Interest; Prepayment and Late Chargcs. Borrower shall prompdy pay when due the ��==�+�•a.�: ,
<br /> ; � �,;�;.. .
<br /> � -° • '-- ° `�s principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. •�%S M1`..:�'�
<br /> �' � . .; ,�1 2. Flwds for Taxes sud Insnrance. Sub}ect to applicable law or to a written waiver by L.ender, Borrower s,hall pay to ; <;:. ��° _-.,�.,
<br /> �.�`�`�• ` Iender on the day monthly payments are dus under the Note,until the Note is paid in full.a swn("Funds")for.(a)yeaz3y taxes t: `..�.:=
<br /> , _ ` -.;;
<br /> _"'. '. � +'r and assessmeats which may attain priority over this Security Instrument as a lien on the Property;(b)yearly leasehold payments `
<br />- or and nents on the Pro e �f an (c)yeari hazard or ro e �nsurance remiums;(d)yearl flood iasurance remiums, • �>;;�;�•'=�`+���`
<br /> ;� ��. � S� P nS'•� Y� Y P P nY� P Y P ..�.�:_
<br />- , • � . `. � if any; (e)yearly�mortgage insurance premiums, if any:and(�any sams Qayable by Borrower to Lender. in accordance with - - -
<br />:,.,,� �.� , . - the provisions of paragraph 8.in lieu of the payment of mortgage insvrdnce premiums.These iterns are calted"Fscrow 8ems.' � =
<br /> � � • Lender may, at any time, collect and hold Funds in an amaunt not to exceed the maximum amount a lender for a federally . _
<br /> F _ • . _
<br /> _ • , related mortgage loan may neqnire for Borrower's escrow accaunt under the fateral Rea1 Estate Settlement Procedures Act of =
<br /> _ -�• • 1974 as amended from time to time, 12 U.S.C. Section 2601 et seq. ("RESPA"). unless another!aw that applies to the Funds ' ;����`
<br /> _- ' �,r�;:'-','��: �:�w sets a tesser amonnt. If so, Lender may.aE airy time. eollect and 6old Funds in an amQnnt not to exceed the lesser amounG •4;:;'s,y.�� .��-
<br /> . � `�° Lender may estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of futune � . ' -�
<br /> , . ...� � .;,;;' Escrow Items or otherwise in aocordance with applicable law. •.��:�
<br /> • ' �.r T he Funds s h a l l be he l d in an institurion w hose deposits are insu r e d by a f e de r a l agency, instruraen t a tity, or enUry :,-. �:':`_.
<br /> � . . �;•:,
<br />- (includ'mg l.ender.if Lender is such an institution)or in any Federal Home Lvan Bank.I.ender shall apply the Funds to pay the '•:'g`•�'�'
<br /> , �
<br /> "". :_' • • " �"' Escrow Items. Lender may not charge Bormwer for holding and applyirtg the Funds,annuatty analyzing the escrow account.or ':""";_:; �„�_
<br /> � ., � `� verifying the Escrow Items,unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such ' °_�
<br /> `��`.. � a charge.Howrever,Lender may require Borrower to pay a one-time charge for an independent real estate taa reporting service • � `_='m=
<br /> . a�;:_=-
<br /> , • used by Lender in connection with this loan, unless applicable law provides otherwise. Uniess an agneement is made or � :,,:��
<br /> � � ,r applicahie law requires iaterest to be paid.Lender shall not 6e required to pay Borrower any interest or eamings on the Funds.
<br /> _, � � Borrower and Lender may agree in writing,however, that icrterest shall be paid on the Funds. l.ender shall give to Borrower. ��.�•,
<br /> . without charge, an annual accoanting of the Funds, showing credits and debiu to the Funds and the purpose for which each �.��.
<br /> ..•� � debit to the Funds was made.The Funds are pledged as additional securiry for all sums secured by this Security Instrument. . --_`
<br /> , • . .'.� `�' • If the Funds held by Lender exceed the amounts pemritted to be held by applicable law.Lender shall account to Borrower '� �����
<br /> � •��.:T_..
<br /> -- - - - . ::�=; for the excess Funds in atcordance with the requirements of applicabte Iaw. if the amount of the Funds held by Lendtc at atry � -
<br /> :; ' � • . -•
<br /> • � �.i time is not sufficient to pay the Escrow Items when dae.Lender may so notify Borrower in writing,and,in such case Borrower , . �''�<i�
<br /> �t° � � shall pay to Lender the amount necessary to make up the deficiency. Borrower shali make up the deficiency in n�more than � � `��_
<br /> twelve monthly payments,at Lender's sole discretion. �':' � � • ; -
<br /> • .� � ' Upon payment in full of all sums secured by this Security lnsuument. T.ender shall promptly refund to Borrower any - -
<br /> � � � ' Funds held by l.ender.lf.under paragraph 21, l.ender shall acquire or sell the Property,Lender.prior to the acquisition or sale � � -
<br /> ,��� � " of the Property, shall apply any Funds held by Lender at the time of acquisluon or sate as a credit against the sums secured by ,-: :-�
<br /> �_'• , - this Security Instrument. -_
<br /> _ __,: _. �. � 3.Appl�catton of Pay�nenis.Unless applicable law provides otherwise,all payments received by Lender under paragrapt,s
<br /> ' • 1 and 2 shall be applied: first.to any prepayment charges due under the Note;second,to amounts payable under paragraph 2; ��'�
<br /> . _ , . • third,to interest due;fourth.to principal due;and last.to any late charges due under the Note. ."�°� �
<br />- • 4.Cha�es;Lien9. Borrower shall pay all taxes.assessments,charges. fines and impositions attributable to the Property .: . ` �-
<br /> � . , ' � � _ + which may attain priority over this Security lnstrument,artd leasehold paymenu or ground rents. if any. Borrower shall pay ' ,
<br /> „ , • � •' these obligations in the manner provided in paragraph 2,or if not paid in that manner. Borrower shall pay them on time directty . , . ..
<br /> _ . . to the person owed payment. Borrower shall promptly fumish to Lender all notices of amounts to be paid under this paragraph. � . •
<br /> ' . • • If Borrower makes these payments direcdy.Borrower shall promptly fumish to Lender receipts evidencing the payments. , . . �
<br /> � � . Borrower shall promptly discharge any lien which has priority over this Securiry Instrument unless Borrower: (a)agrees in . .
<br /> � � � writing to the payment of the obligation secured by ihe lien in u manner acceptable to Lender:(b)contests in good faith the lien ' � .
<br /> ' : by, or defends against enfarcement af the lien in, legal praceedings which in the l.ender's opinion operate to prevent thC•�' �•
<br /> : . �- . enforcement of the lien:or(c)secures from the holder of the lien an a�reement satisfactory to Lender subordinating the lien to �
<br /> ': : ^ • � this Security Instrument. If Lender determines that any part of the Property is subject to a lien which may attain priority over • ,
<br /> � . � :� th�s Security Instrument. Lender may give Borrower a notice identifying the lien. Borruwer shali satisfy the lien or take one or . •
<br /> : •f more of the actionc set fonh above within 10 days of the giving of notice. " .'
<br /> � . .' � Form 3028 9/90 ' _ •
<br /> Pego 2 0l 8
<br /> . .
<br /> . . .
<br /> ...�_"'—..�—'_'..._.-..._." _._•_._.._'. . ._. ._. ._ .
<br /> . ... , , .. . .. .. . .. .. .._ ' . . ............._ ��_._�----'-- . .��_ .' _ ._ "" . . , - .
<br /> • ` 1 � . � . . � ' . . . � _' . . .
<br /> -;r� . . � - � . . - - _ -- : - .� ... - . . . -_�
<br /> � , .- . . ' I .. � ' �--•� ---�- `i`
<br /> .... . . . . i �� .. P, ' _ - - . '. . .
<br /> �
<br /> .
<br /> . . . ,'�
<br />� r..__. ... _ .. � �..:. .�t:•,�.na�._-a�.:.�.nu,.�..,._so.-n ' . - •�.v!+�_.�.. .. _...� ..... .t•. v.aL ,�.�.sa..._........c.r.n�,.r�d .... _. .t ...,...,e.. . . .. --'.' :.
<br /> i�
<br /> .. . . . . .....r . .. , ,.�. � �}.S.J,._.
<br />
|