|
- •l� . . . �'� .L 45 L�.`. t�...
<br /> .. �� � . � -. . ' - . � . _4 _ C- _ . . . ''-• .C.` - �'„L i. �£ l.. Yfc'
<br /> . � . � •
<br /> t
<br /> , - . . .. .- ..
<br /> ..�, s . .- `'?:,t. � _ ....1e�. _ . .5... .-� -._�-_:Sa...��""..4.-�"_�,3' ..
<br /> �_ , ' ' ��' ' _ '.' . � ' ,.�
<br /> .� i r�
<br /> . � �. ,
<br /> ..
<br /> . ... . �� •. .... ..... ..:.
<br /> ��' �`W
<br />. _ ,\ . ,�� , . `� .
<br /> ' < _
<br /> i < •'� �
<br /> � � •� � 'j'�(j$'�[�j$jt R1[Z'H 8u!�C�IiNe07CI1LS UOW Or�IE[C��OII t$C pt�O�Ily'.8�Su�s��� ` .-• . .. .
<br /> .. v,
<br /> ' �tu�es nDw Os hecoafter a part of the propeny. All Lep18�Demeilfs SIId edt�Gass 5�11 Slso be CoY6ied by thls SeClliity ;_r,,�,�� . • . .
<br /> _- --'- �:-1 rassr�nent.An af the fio�egaing is ref�ed m tn shis Se�rtty t�as t�e'Pm�ty.• ---- _--==-
<br /> - — - BORROWSR COVSNANTS tbat�oaowet is lawfully seise�af the esYatr hetebY oom►eYed and 6as the right w 8rant� . -- =�:-s---:-.
<br /> .7� � � wm►ey the Praperty an4 tLaY the PmpertY is rmensumbe�ed.except for e�brans�es of record. Bo:mwer wanants and � _ _ ..� . ,
<br /> . defead gene�atly the titte w the Propetty agaiast all ciaims awd demands.�vbiect to any eacamibzances of record. .
<br /> . �•` THIS SHCURITY IIJSTRUMBN'T combines uaifomi covenants for nadanal ase a�ad non-anifotffi oavenauts a+ith limi�'" .. . .
<br /> .. � , vada.daas by jmisdtcdon to ceastitax a anifoffi sec�uity iasuument cm+ecin��a1 pmPertY. ,�:4 ,. ,
<br /> , � ` �I1�TIFORM COVBNANTS.Bosmwa aud Leader c�ovenans and ag�ee as foriows: a when dne � �� `� �
<br /> aenans .
<br /> � l. Paym�of Prins�pal�nd Irate�ffi: P�S9ra�t a� �ete Clfarges. �orro�ver shaIl pmmpdY P Y ..� '
<br /> . �r `
<br /> �,�.�.�` prlaaipal of and iaterest on the debt evidenced by the Note and aap PrepaYment aad late c�atges due nnder die Note. '. ``� ;� t "�
<br /> ' - 2.F�fos Teses a+sad iasmnace.Subject to applicable law ar to a wtitten waiv�r by L�nder,Borrower sBaU paY ta� ': �.
<br /> --=: -- -
<br /> � .. --z -- . .
<br /> � �..-. �_' Ieuder oa the dap montbly gayments ate dae under the Note.nntil the Note is paid in foA,a sum CF�mds�)for.(a)Ye�Y� � � `.
<br /> � _ . � � ` and as�cnents whieh may attain prioritp aver tHis Seauiry Iastcumeai as a llen on tIie Pmpertp:(b)YeadY l�s�Old Faym�nffi � .�y. . ,_
<br /> - or gronnd reats on the PmQert9,if aup:(c)Yead9���P�P�3►iasetance piemmms;(d)Year1Y flood Ins�aac:e premi�s, r*i . , �
<br /> If anY;aaa(�anY sams PaY��hY Ba��r m Leudsr.in accordance wi�o
<br /> - , if aay;(e)Year1Y mortp8��P��� ��e i0ems ai+e calfed'Fscmw Items.'aa.•-. . -. " a`�.-�
<br /> ;, � the prnvisions of pa�aph 8,tn liea of the paqmeut of mortgage iasmanse Pr�i�s• .
<br /> I.enrder may.at anP tim�,collect and h�td Fimds in an amaunt not to exceed die m�amormt a tender for a federalip� - -
<br /> tim
<br /> � retated mortgage loan maq reqaue foz BormwEr's esccow accawu under the fedaal Real E.state Setttement Rncedures Act o =-
<br /> `,:: 1974 a4 amended from tune w time, 12 U.S.G Searon 2601 et seg.(�R&SPA7,anless another law tbat appliss oo tbe Famds� , .
<br /> set�a 2essea amonnt. If so, I.ender asaY.at anY mme, collea au�hold Funds ia an amaumt not to exceed die lesser amonnt. 0 , . . -�_
<br />_- Lender may estimate the amom�t of Faads dne on the basis of cunent data and zeasonabte estimates of expenditmev of fat�m 1� . �.�
<br /> � •� °� Sscmw Items or otherwise in accordance with appltcable Iaw. aze�b a federal agency in��ent�tY or entity� :s
<br />�� ,, T h e F a n d s s b a l t b e h e t d i n a n i n s d t a t i o n w h o s e d e p o s i L S Y � • ' .
<br /> ` � :. `� ('wclnding I�ender,if I.ender is sacl�an instit�on)or In any�ederai Hcune Loaa Bank.I+cader shall agp1Y the F a n d s to pay d t e� ; ` .�
<br />" �.' . ; ...�,�: Bscxuw It�ns.Lender may smt cHarge Boaower fos hnlding aad applying the Fands,an�altY analY�mS the escmw awaunt,or �.�.,.`'.� .�'.._-
<br /> --. � verifyimg the Sscmw Ide�ns,�1ess Lendea paya Boaower interest on the Fands aad appleca62e law pem�its Ixnder tn matce sach ., �::... • _ •_
<br /> • +, a c fi a r g e.However,Leader maq re�aine Boaower to pay a ane-time c]�arge for an independent ieal estate tas ieporang se�v�c� ' °��`�'__
<br /> � a g c e e m e n t i s m a d e o x �'�`£`�-�
<br /> � .. � . '=..�:` ased Lender ia connecdon wI@i tbis loan.nnt� aPPltc�ble law provides o t h e i w L s e. U n I e s s aa .
<br /> ' `:` lic b2e 1aw reqnires interest to be paid,Lender shall not be required to pap Bomu�er azry interest or e�tngs on the Fnads• r;�;;;;.:'
<br /> � � aPP w Bomnwer, :} : .;,�-�
<br />- . . Boaaarer and Lender may a�ee in wiitin8.howevec,t6at intec�st sUall be paid on tLe Fands. l.ender sbatl give ,�:3�-
<br /> ' .. of the Funds,siiowinS credits aad debits to the Fands and tite puipose for wLicli e�aCII -�.
<br /> wiBaaut charge. aa anmoal acca�dn8 �� � " {�-:
<br /> debit�o the Pnnds was made.The Fands are pledged as addidosal secaucity for all s�s sec�nred by this Seanrity _.� ;�r;
<br /> . _ _ If the Fands hetd by Ixndec exceed the�peimiued to be held by applicabte law,I.ender si�all acxauu!to B�awxr ,:;4:���,
<br /> � � � for the eacess Fands in accordanse with the�ments of applicable 1aw.If the amnnni of Hie Pands held.by L�ender at any ' ; ,;��-
<br /> , .�--
<br /> .` . ' Kme is not saf�clent w pa9 tbe Bscmw Items�due.Lender may so notifq Borrower in writing.and.ia sach c�Boaowea _ __
<br /> h•.� . sbaII�+ay to I.�nder the amommt mxesgai9 w�AP tbe�ciency.Borsower st�all mak�up the deficiency ia no mote tban �='-_
<br /> • ��:.r � twelve mnnthtY PaYments,at I�nder's sole discret�on �'°�"
<br /> . � Upon payffient ia foll of aTl sums sec�ed by this S�vritl►����e�',Ixnder shali pmmptiy refimd w Bomawer� ' `.�,_-
<br /> � r .. pamds be2d by Ixnder.If,nnder paiagraph 21,Lender shaU acqnire or seri the Propert9,Ixnder,Pr�or to the a c q u i ffi d . . _--
<br /> ,--
<br /> : of ihe P m p e rt 9,sball apply any Funds held bq Lender at the dme of acquisition or sale as a ciedit againSt the s�s secured bq . . ,-.�=._
<br />� ,. ' �S��aiuYY+++M"'_ .. .• .f7':�r�i.`-:
<br /> � � � 3.Appltcation of PaymerMs.Unless appltca6le law pmvides otherwtse,ali payments received by Lender under FazagtaPl�s : '��:�r:-r-
<br /> a �.
<br /> . �.,��..
<br /> . . . 1 and 2 sball be appl�ed:fitst,to anY P�PaYYment charges dae nnder the Note;seaond,to amaunts payable uaskr pazagiaph Z; . '.=�-
<br /> 4� third,to inteiest dae;fonrth.to PrinciPal due;and last,w any late c�arges dne ander the Note. . .. , � ;.T-
<br /> � t ' . : � � 4.C6ar�3 Idea�.Borrower shall pay all taaes,assessments.c�arges.fines and imPosidons sun'bntab2e to the Pmpert9 � • N:
<br /> .�.:: ; . ' , wh£ch may attain priority rner tbis Secaury Iataament,and leaseho2d paymenis or gcaand n�.if anq. Boirower sva11 pay ` __�_
<br /> � these obligadons in the marmer�x+wided�n Pa�a�aPL 2,or if nnt paid ia tLat maauer.Bosrower sball pay them on time dire�ty ... :. � . �-
<br /> -. � w the pesson owed payment.Bomnwer shall pmmptiy�nsh to Lender ari nottces of�oants to be pald nnder tt�s paragrap1�. _ _ .
<br /> • • If Borrower mal�es these paymenta directly,Borrower shall promPdY faffish to Lxnder receipts evidencipg the gaYm�. `,"'
<br /> . Borrower sball pmmPU9 m�Se�9�en whic�Las priority wer c�is Seco:icy Instiument nnlesg Borrower:(a)a�es i� .
<br /> , , wiiwng to the payment of the obligatian secared by the lien ia a manIIes zcceptable to l.ender;(b)contests ia Bood faith the lien • , . . ,
<br /> � . by,o:defeads against enforcement of the lien in, legal ptoceedings wi�cL in the Lender's opinion opaate to prevent the ` �� � ,
<br /> emfoscement of the lien;or(c)secures from tbe holder of�lien an agreement satisfactoi9 to Lender snbordinatin8 the lien to � ' '. .
<br /> this Seca�Ity Instnsment. If Lender de+.er��tbat any pait of the Property is subject to a lien which may attain prIority acea � : ,
<br /> ' ' - � t�is Seca�ity Inst�ument,L,ender may give Houower a notice identifying the lien. Borrower shall satisfy the lien or Wce one as � �..`��
<br /> 4 �fl*e of tlie actions set forth above within 10 days of the givSng of nodce. . �. : �
<br /> . . ��� .., .
<br /> , . Forrro 5028 9190 � .
<br /> s ' .xI
<br /> ' �-6RtNE7�es�s�.os �2 0�e �-.cm+ . . .,
<br /> j ,.
<br />_ � � .. . .
<br /> . . • _ � �
<br /> . • ; '.
<br /> _ _ • . . . . � .
<br /> . t .
<br /> �
<br /> � . . �
<br /> � •� , � ��� �
<br /> . � ` w�azam iuob
<br />—. ,. ; �J ( � -
<br />-�_-- .� . : l%,� l:�..---.-."__
<br /> __ -�---- � -
<br /> t• � ' '
<br /> . __ • -- •--� � -- .. .. ---- �;��,Y,�....:.+:�;T•-�„�, - ---- . _
<br /> ..,...--^---'r"-_"_'--°'�----
<br /> ; . r.�•t'^�.�^ . _ , . . .
<br /> .. . �. �
<br /> ... . . . .. . . . . .:- ,
<br /> � .
<br /> ' , '•,., : �:.
<br /> _ . .
<br /> .
<br /> 4� - • . _ . .._ �._._�.. . .._ .., . .. . _ .� . • .. ... .__ ... . ..-� -.. •- ...� . . . . ... . . . . . .. . �. . . _ . . _ ._ . . __ _ .�._ . _ .
<br /> . . , .,
<br /> .. - . .�. . ' � {' "
<br />
|