|
��, ,-��_ '_ _ , . .x��L:�.' � - - a.- G} �:�t r.-/ . a."�! u .
<br /> t'`YC2i.•n"J,•• .:..: � .�_. '��'-. . � . . 5_-'�ota-'<p C. -L'et� S�9P- _
<br /> . t - .-` ... .
<br /> . � � . . ... ... .. . .. �. .T..:'' _n"c:,:,.�:.. , . ..`_ 'i.._:.SC_:i._� '�'L. \S �..�.�.i+`.:.:.
<br /> -�(:,_�_ 1- ' , . .�.F- L_ 1,�- � J* �--. I� � .t41.. �' . G .�(' �. �� �, l•"
<br /> _ . �. . T i `„.�: _ [ ` f. #'� 4 � `�.
<br /> ' ' . ..t_ 't C - . �r{� - � .._ � '
<br />. . -' _ ' ~,t._ ' ' 1,.C _ _ 1, '` _ 'Y .1 . .. ' . _ ' " � _ '_y -° ..c. _
<br />� ' i' � '`.+ • Y - -'v� .�G• � _ ` _ b ' ' �`' , . . ' :. _ b_� �A'� . .
<br /> ,E - � ' . r . . ,a. "R_ :
<br /> � . .. . . . ,c' � �C . . F �5 � . - . : . , e � ' , � U- =�rs,2✓'
<br /> , . M S .. . • . . . "�, . . � .. . . rv` . "
<br />�? .. � L U. G�' . � � . � ,- . • . . , , , . L.� t � �4. � ! .
<br /> `f t` � . .. t..' - � . • •�, ��, •- . . � .. " . 4 . i .. r ,�_� _6� -�}y� -
<br />- __ _.7 _ _— —_- �..�.1,.�_�:�._ ' _tL'--5.•. �'�F� - yT—.1.
<br /> - 1` " .i�c� _ . .•F.�T.
<br />._4' c , .• t ,,,F� -
<br /> �..4 e and all ea�ements.apPurtenances.and �'�<<`•: `"
<br /> TOGETHER WI'i'H all the improvements now or hereaRer erecced un the FroP rtY• . ; �
<br /> .. ' • fixtuc¢s aoNr or hereaft�r a ptut of t6e propercy• A11 rePlaoeQ►ents and additions shall also be covered by this Secutity '.� c, �
<br /> - � Inrtrumeut.AII af the foregoing is referred to in this Sectirity Instr�unent as d►e�P�'°Pem''� :< ,
<br /> ', `,' BORROWfiR COVENAN7'S�hat Borrower is lawfully seised of the estate hereby wnveyed and has the right to grant � -� 4,.� � .
<br /> . ' � .
<br /> � . ,� - - :. � convey the Property and that the Fruperty is unencumbered.except for encumbrances of record._Borrower war�anu and will� :`;.<<c',�y� .
<br /> �`_,�.��<, defend�enerally the title to the Property against a11 claims and demands.subject to any encumbrances of record. . ;.
<br /> -� � � T f i I S S E C 1 J R i T Y I N S T R UMENT combines uniform covenants for national use and non-uniform cavenants with Gmited�
<br /> Q t '
<br /> �- - -= mstrumeat covering rea!propettY• Ca ,- "° °
<br /> �. ,` . ' variauons by jurisdictiun W constitute a wufartn security� �follaws: S � ` .; �`
<br /> ` � ,Y',s: UNIFORM COVENANTS.Borrowes and I.ender covenant and agree a when due the� •` ` •m •.
<br /> ,` . �� 1.Payment of Pcindpal aad Interes� P�'�I�Y�ent and L�te Cbarges. Horrower shall promptlY P Y � . •- :r..<.•.�:E�__
<br /> ��."'` prirccipai of and interest on the debt evideaced by the Note and any prepayment and tate chacges dne�nder the Note. _ �
<br /> � 2.Fhnds for Taxes aud Insurance- Subject to applicabte law or to a written waiver by Ler.der. Bomower shall pay to
<br /> - . � Lemder on the day moathlY P�Y�enu are due uuder the Note.until the Note is paid in full.a sum("Funds")for.(a)Yeariy taxes � , __ .� _
<br /> ' ,,. �ass�csments which may attain Qriority over this Security Insaument as a llen on the Property:(b)Year1Y lc�ehold payments ; . ;t. _:�:
<br /> `� .:� • � <,� or ground renu on the Property.if any:(c)Yearly hazard or properry insurance premiums:(d)Year1Y flood insurance premi�s, -� -
<br /> if any:(e)yearly mortgage insurance premiums.if an y:and(fl anY S�Payable by Borrawer to Lender.in accaidance aTth � ,�� w `--
<br /> � ,� the provisions of paragraph 8.in lieu of the paymeat of mortgage insuzance pnmiums.These items are cxlled"Fscrow Ite�." __
<br /> h
<br />- ��- Lender may. at any tirne.ooilect and hald Funds ia an amount not to exceed the maximum amouat a tender €or a federatly
<br /> .-i�.,.. , �= ,...f related mongage loan aaay reqnire for Borrower's escrow account under the federal Real Estate Seitlement Procedares Ad of ;; '
<br /> ` 1974 as amended from ame to tisae. 12 U.S.C� Section 2b01 et seq. ("RFSPA"), onless aaother�aw that app1��to the Funds •r �
<br /> ' � � ..s sets a tesser amount.if so. Lender may. at any dme, collect and hold Fnnds in an amaunt not to exceed the lessser amount. :,4 '. _
<br /> ' _ ...:,;..•; pe :�:. :_. �
<br /> .----.- - L e n d e r m a y e s t i m a t e t h e a m m mt of Funds due on the basis of c�urent data and reasonable estimates of ex nditures of future �.^. . _-
<br /> � ' ' � �'•- Escrow Items or otheruvise in uccordance with applicable law. • � or entity ; .. .,`�'^
<br /> r� . ,. • ,. °`. ,:,.,��, , '��� ,:L:� �
<br /> The Funds shall be held in an insritution whose deposiu are insured by a federal ageucy. instrutm�tali��'tp pay the ; �, ��� - -
<br /> .. � . (including Lender.if I.ender is such an institution)or in any Fe�eral Home Loan Bank•L�ender shall app Y ,i�:.�.:;.:;,�
<br /> . _ .... ��w Iteuis.Lender may not charge Borrower for hotding and applying the Funds,annually analY�ing the esc�°w acc°un;,or `�"-�� t � �-`
<br /> ' ...«�. _
<br /> -=-s_s,_.
<br /> , `'_ , ,_. verifying the Escrow Items.unless i.ender pays Borrower interest on the Fuads aad applicable!aw pertniis Lender to m�e such ,.','. • _-—`
<br /> �f'� � " � a charge.However.I.ender may requim Borrower to pay a one-time charge for an independent real estate taa reporting service _
<br /> � � used by I.ender in cormection with this loan, unless applicable law pmvides otherwise. Unless an ag�.�ent is made or ; ` •_, _____
<br /> .. , , �.,. �': : .:.� :. _
<br /> , applieabie law requires tntecest co be paid.Lender shall not 6e cequired to pay Borrower any intecese or earc:Lgs on the Funds. =—
<br /> � Botrower and l.ender may agree in wriring.howev,�r.that inter�t-_�a11 be paid on the Funds. Leader shall•give to Borrower,
<br /> =-.�.�;. g pu ae for whictti cach -
<br /> ` . withont charge,an annual accounting of the Fnnds, showin cred:�and deb�ts Lo the Funds and the rpo�
<br /> � debit to the Fands was made.The Funds are ptedged as addirional security for all sumg secured by this Security Instr�meat. ��
<br /> . . • If the Funds held by Lender exceed the amounts permitte�co be held by z{�.icable law.Lender shall account to Borrower <.`�-``�
<br />`�!, �• • � for the eacess Funds in accordance w►t� the requi�ements of agplicable law. If tne amount of the Funds held by Lender at any �. � ;=..�� _!a�
<br /> ` ` time is not suffioient to pay the Escrow Items when due.Lender may sa natify Basrower�n wribQB•as�d,in such case�oaower � .•_:.;•: �. ..;:s,�
<br /> � � � shall pay to Lender the umnunt necessary to make up the deficiency. Borrower shall make up che defic�ency in no more than ���,,,,�;...;'•-°� -
<br /> . .. . � . �Y`
<br /> � • twelve monthly payments,at L ender's sote discretion. '. . -=�—
<br /> : +� �',' Upon payment in full of all sums secured by this Security Instrument,Lender sHall promptly refund to Borrower any �;..�_i
<br />- • � Fu n ds he t d by L e n d e r.I f,u n d e r p a r a g r a ph 21,L.ender shall acquire or seU the Property.Lender.prior to the acquisitian or sale ;�,�..��
<br /> ' � of the Pre�erty,shaU apply any Funds held by Leader at the time of acquisition or sale as a credit against the sums s e c u r e d by �:'.�.a.: _
<br /> 3;,' •. . . , this Securiry Instrument. : ^_----
<br /> 3.Applicatton of Payments. Untess applicable law provides otherwise,all payments received by Lender under paragraphs `
<br /> �- . • .� 1 and 2 shall be applied:first. to any prepayme�charges due under the Note:second,to amounts payable under parnrngraph 2: : ,.,,_ ;;.�'�_�,
<br />�.'� �' ' �,�±.� third.to interest due:fourth.tp principal due:and last.to any tate charges due under the Note. ,�;��--
<br /> ..';.,.,�_�..�.
<br />,��, 4,Charges;Lien9.Borrower shz2�pay all taxes.assessments. charges.fines and impositions attributable to the Property _ _�
<br /> `" �� '��-��.� which may attain prioriry over this 5c�:•.icity instrument,and leasehotd payments or ground rents.if any.Barrower shall pay __ _- .
<br /> �� � ' these obligations in the�anner provided in parug�aph 2,or if not paid in that maiuier.Barrower shall pay them on time directly
<br />:_�%;'i:=� � . � �. to the person owed p.�.LT!'.�nt.Borrower shall prom.�tiv fumish to l.ender all notices of amounts to be paid under this paragraph.� . .: `
<br /> � If Bonaue�makes these payments directly.Borrov��er shall promptly fumish to Lender receipts evidencin�the payments. .;t_,..,,,
<br /> = � . • .- &;crc-arer shall promptly discharge any lien which has prior[ty over this Security Instrument unless Borrower:(a)agrees in
<br /> � ' � •� writing ta the payment of ehe obligatian secured by the lien in a manner acceptable to l.end�r;(b)cantests in good faith the lien
<br /> : � , � .' by. or defends against enforcement of the lien in. legal proceedings which in the Lender's opinion operate to prevent the.,�
<br /> enforcement of the lien;or Ic)secures from the hotder of the lien�n agreement satisfactory to Lender subordinating the lien to
<br />- ' this Security Instrument. If Lender determines that any part of the Propeny is subject to a lien which may uttain priority over • .
<br /> this Security Instrument. Lender may give Borrower a notice identifyin�the lien.Borrower shall satisfy the lien or take one or
<br /> • more of the activns set fonh above within 10 dssys of the giving of natice. .. .
<br /> ... Form 3028 9/90 _.
<br />, � • - . . Vapo 2 ot 8 ' .. .
<br />. . . . �---�--'---r.- . --- . . �. �
<br /> ..
<br /> .• . . _.�_���.��.5. �.'�.�...�...�. —� —. . . . .. . - . " _ . . . . � '
<br /> .;` • - . - - . . - - � . � � � - . .
<br />�t� ' ' •. . . . � � , . ' .. .
<br /> • (S�: . 1 - ' ' ' ' ` . � . . . � • '
<br /> ' 1 . ' •` .� . � . . , �. • • ' � .- -_.—, - - .~y��- .��'�^._ _ _
<br /> . . . ._
<br /> 1'.'�..�r���1��' . ' - � . � a .Z.... ..�..� _.......���...�.i�. .._ •l .l . .. ......�. � �i.�i� - ._ ..._._�.�._�.. •.... .��..� ... ...�... � . .. _ . • . . .�.. .�
<br /> � . •
<br /> ' a� ......i ' ..•�':._ .. _ . '.. . .' .. ' ..� .. . . . .Y��...�_ ..��.'.�1.. .�Z..Yat
<br />
|