|
, ;� . .;�:.
<br /> �:r�,.�.._.
<br /> , . �•y�,, •�Iq •�c .°. --•---•
<br /> - �-;� �a" � : -:b�,
<br /> � ;� 92_ io�
<br /> ��
<br /> 7�OCiBi'HBR WITH all the improvement�naw or here�ftu crccted on Ihe propertY. and all easements,appunena�ces.
<br /> _ — �nd flxtuc+es raw or hercafter�pa�t of the propeny. All replecernents ond additlons Rhall also be covered by�his Secudty
<br /> � lnsttument. All oPthe fixegoing is rcfemed to in tAls Sccudty Insdvment�.g�hc"Property."
<br /> BORROWER COVHNANI'S Ihat Borrower is Irwfully seised oi the esuue hercby conveyed and Iws the r�ght ta�rant
<br /> _� �nd convey ttiep�riy and that the Property iA unencumbered,except for encumbrenc�s of reco►d. Bornower wurrrnt�and
<br /> -��------ —_---� will defa�d�eneral�y Uio tiUe to the Prape�ty a�afost�II claims pnd demanda,cubject to Any encumbmnres of recurd. -
<br /> TFUS SECURITY WSTRUMBNT combines uniform rnvenanta for national use and nun-unifam cavenants with
<br />_ llmited vari�tims by jutisdiction to constitute A unifam srcurity instrument coverinR rca�l propeny.
<br /> - UIV[FORM COVBNAN'1'S. Bomower and Lender covenrmt and agrce us follows:
<br /> 1, P�yOlUI Ot P�I�IP11 YOd�qlllYSli Pfl�i�011llf AOd 1.�1!C�lB. Borrower shall promptly pay when due the
<br /> _ - - _ ' principal of and interest on the debt evidenced by the Note and any prepayment and lare charges due under tf�e Note.
<br /> f Fbnd�for'i]uca and IRSUrsnce. Subject to appltcable taw or to a written waiver by Lender.Borrower shall pay to
<br /> L.ender on the day monthly payments are due under the Note,until the Note is paid in full,a sum("Funds")far:(a)yenrly
<br /> taxes and assessments which mey attain priority over thls Secwily[nstrument as a lien on tha PropeRy;(b)yearly leuehold
<br /> payments or ground rents on the Propeny, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood
<br /> " insurance preMums, if�ny; (e) yearly mortgage insura�xx p�emiums.if any; and (�any sums payable by Barrower to
<br /> Lenckr.in accadance wilh the provisions of paragraph 8,in lieu of lhepayment of mortgage Insuranca premiums. These
<br /> items am called"Escnow Items." Lender may.at eny time,collect xnd hold Phnds in an�mount not to exceed the maximum
<br /> amount a lender for a federally rel�ted martgage loan may require for Borrowerk escrow account under the federal Rea!
<br /> � Estate Settlrnunt Procedures Act of 1974 as ameoded from time to time,l2 U.S.C.�2601 er seq.("RE5PA"),unless anwher
<br /> — �-----�-- law that applies to the Wnds sets a lesser�mount. If so.Lender may,at any time.cotlect and hold Funds in nn nmount not to
<br /> -�_�-�_- exceod the lesser amount. Lender may esdmate the nmount of Fl�nds due on the basis of current data and reasonuble
<br /> � � eaUmates of capendituns of future Fscrow items or otherwise in accordance wlth applicabic Inw.
<br /> = " Tt�c F�Unds slwll 6e held in an institudon whosc deposits un insured by a federal agency. instrumentality. or entity
<br /> _,- ,s„T_—s,-1� (including l.ender,if Lender is such an inst�tution)or in uny Federnl Home Loan Bank. Lender sh�ll apply the FY�nds ta pay
<br /> --�.i1-{�,�,--���� the Escrow Items, L.ender may not chnrg�Borrower for holding and applying �he FLnds,annuully unalyzing the escrow
<br /> ='?`��"� sccount,�r verifying 1he Escrow Items, u�less Lendor pays Borrower interest on the Funds and appl�cable law permits
<br />_� . Lender to make such a charge. However.l.ender may rcquire Borrower to pay e one-time charge for an independent real
<br /> - i� estete tux repordng service used by Lender in connection with lhis loan,unless appUcuble law provides otherwise. Unless un
<br /> = agreement is mede or applicable law requires interess to be paid.Lender shall not be required to pay Bomower any interest or
<br /> �� -d eamings an the Funds. Borrower and L.ender may apEree in wridng.however.that interes�sholl be paid on the Funds. Lender
<br /> _ -- shall give to Bomower,without ch�uge,an annual accounting of the FLnds,showing credits and debi�s to the Funds and the
<br /> -Y";i�y;"- pu�pose for wbich eacM debit to the FLnds was nwde. The FLnds are pledged as additional securiry for all sums secured by
<br /> ^�-�„�,::--='°'-e[.r�. ,•� this Securlty Instrument. �
<br /> If the Funds held by Lender exceed the urtwunts pertnitted to be held by appUcaWe luw, Lender shall account to
<br /> -'�`<��;;;:;:.;,�r;.. Bomower for the excess Funds in accordance with the requirements of applicable luw. If the amount af the Funds held by
<br /> � '.."'�y�.".• •;` `:, ` '. � Lender at Any time!s not sufficicnt to pay thc Escrow Items whcn due.Lender rnay so notify Borrower in writing.and,in
<br /> �. .�,,:.�..:���:.:. . �i
<br /> „ such case Horrower shell pay to Lende�the amount necessnry to muke up the deFciency. Borrower shall make up the
<br /> -, '�r:�-•.�,��•�.: `�: �' deficiency in no more than twelve monthly payments.ut Lender's sole discretion.
<br /> � ��,--- •�:y��,��,::, Upon payment in full of all sums secured by this Securiry lnstrument.Lender sUall promptly refund to Borrower any
<br />:�-��,�r�r� � . � r� Fw�ds held by l.ender. lf,under paragraph 2l.Lende�shall acquire or sell the Piroperty,Lender,prior to the ucquisition or
<br /> �,,.;�,r:;.:,�-,�, sale of Uie Property, shall upply any FLnds held by Lender�t the time uf acquisidon or ss�le as a credit against the sums
<br /> ��r+� secw+ed by this Security lnswrnent.
<br /> �`'� �' 3. AppNcatbn ot Ppymenis. Unless applicuble luw provides otherwise,all puyments received by Lender under
<br /> paragraphs ! and 2 shall be applied:first,to any prepayment chnrges due under the Nae;second,to amounts payable under
<br /> '����`�'�' .- paragrnph 2;third.to interest due;faurth,to principal due:ond IASt,to uny late charges due under the Note.
<br /> �*�°�'-��^� ���• 4. Cba�es;Lieas. Borrower shall p u y ull Inxes,wsessrnents,chur ges, fines und im p osidons uttributable to the
<br />�;''"i�^�.';•�e ��, Property which may attoin pdodty over this Security Instrument,und IeASChold payments or ground rents,if su�y. Borrower
<br /> -' ,-� � .,� y, shall pay these obligutions in the manner provided in paragrnph 2,or if not paid in that manner,Borrower shull pay them on
<br /> `�� .�,�..r d►t►e direcdy to the person owed payment. Botrower shull promptly fumish to Lender all notices of umounts to be paid under
<br /> :=;�� � �;: . this pa�agrnph. If Borrower molces�hese payments directly.Borrower shall pmmptly fumish to Lender receipts evidencing `
<br /> -- :' . --� the payments.
<br /> ''-� ^�*'``�`���'- ' Bortowershall promptly discharge any lien which has priarity over�his Sec:urity Instrument unless Borrower:(a)ogrees
<br />- �� 'A'" 5 in writing to the payment of the abligatlon secured by the lien in a munner accepmble to Lender,(b)contests in good iuith the
<br />������"''�'�' . lien b or defends u ainst enforcement of the lien in.le ul roceedin s which in the Lender's o mion o rate to revent the
<br /> � � M°. ."' 4 enforcemrnt of the hen;or(c) secures from the holder of U�e lien an agreement s�tisfactory to L nder subordinatmg thc lien -
<br /> '-a-- � -
<br /> _ � �`���` "' to this Security Inswment If Lender determines thut any part of the Property is subject to a lien which muy uttt+in priority �:
<br />`-�:�; over this Security Instrument,L.ender may give Borrower u notice identifying the I�en. Borrower shs�ll sntisfy the lien or t�ke
<br /> � one or more of the uctions set farth ubove within 10 dnys of the giving of notice.
<br /> � U�'��'•"'� - h S. Hazard or Property losurance. Borrower shall keep Ihe improvements now exisling or hereafter erected on the -
<br />- :r...
<br /> � "� ' 'f,;,�_ Property insured Against loss by fire,hazards included within the temi"exlended covcroge" and any uther hazae+ds,incluJing
<br />- , • floads or flooding,for which Lender�+equires insurnnce. This insurance shall be muintnined in the umounts and for�he
<br /> � Fbrm J02Y 9l9Y (PuRe:oj6�wRrsl —
<br /> .S ± ^ .. �
<br /> -- -- ---
<br />��-• rr>:�,- .v y s .. . - - - . .. _: . . + . . - --.. -'�- �•75r!. :v�..:�...: � .w.......
<br />.._� i �. � .. '� `��W` a ._ .
<br /> ' i� __
<br /> i..��r L..t- " ,� _.
<br /> �„ ---- z:_- - .--- -------- - �-- _--- :--'_--- - -- -_ .:- � �-- _ ' � ..-. -�- ..--- -� �_ -------_-. _. .---__- - � _----- ----_ —_=----- _-- -
<br /> -- �--- ----------- --- ---- '----'----- ' .. . . . _
<br /> , �
<br /> +� _ -' � .. •� , .
<br />.- — d � o . .. . .
<br /> .�u . � �• ., -
<br /> 1. ' . , � v . .. . � ' , ' � ' •
<br /> � ' . [1 ,
<br /> - V ��4.. � � , . ..
<br /> • y �.. . .. .. . 'J" . , .
<br /> � �u�• �
<br /> 1 (
<br /> � .' . ' .� . .. , .
<br /> _ �
<br />
|