|
.. _ . . ' .,t�S' �c.. y�=�' y.
<br /> '- i � '
<br /> , , _ __' ' . ' ' . � . . }�.i�,. ... .— _ ' . __ _—_, _- ' '_�S°.
<br /> . . - S 8' . .,��. . _ ' .. . _. . , � . .. [ . - o.,:.�. � - .
<br /> � - '— . � - • .., ' ..'� . • . .' . .� .' ' ,• .. . . . .. .. . . . , .. . _ . .' t� .. .. _ . ' _
<br />.. . . `�c"?c`=�. . . ' � ` . .t ' . , , '� . . . - . � . . . - � . • .. _ . . . . . � .. . .�i� ' . `�'�, �
<br /> � .l LF ` ` �� ` `` ' , . . � ' � � � . . . . _ 6 .} . . _'c �.
<br /> , .r ` . �. (C` , � ' Ct , � � t`.c < . . .}'• ,• •[ , • . ��,`v,. ` '� � }` • . ,� , ' • .
<br /> . "':�-'.,_....=..�:t—�r�—:' . __—^--��-�--_. c _ . —�_ ' , -._...�� ._... ._—— ---'-.. . . .,. _ ' . . .. .-- ` '
<br /> '. . . 9�� ��os�� �. . :s
<br /> . :.� `` 'POGETf�R WITH:ill the improvcments now on c�rcattcr crccted on thc propccty.and all casemcnts.apPwtenances.and � '
<br /> ' . . � G x w res now or hare�atter a part of ihe pro perty.�AII replacements and addidons shall also 6a rnvered by this Security Instrumen� ` :r� �
<br /> � • � � All af tite foregaing is rcfer�ed w iu this Security Insuument as ihe"Praperty." : " ' , ��.
<br /> ` �r BORROWER COVEI�ANTS thai Borrower is lawfully sciscd of the estatc hereby coaveycd and has the risht to grant and �` , - .__
<br /> -_;;r-�. convey the Property aud that t!�Property u uaencumbcred.eacept for encumbrances of rerord. Borrower war�snu and will
<br /> � _ _ __ defend generally the tide to the Pmperty againtt all claims and demands.subject tn any eacumbrances of record. - � � -�_ . .
<br /> . - THIS SECURTIY IIvSTRU1V�IVT combines unifocm wvenants for national use and non-unifomi covenants with limited • -- — -
<br /> • variations by jurisdiction to cons6tute a uniform sccuriry instruACCnt cavem�g reai propeKy. . . .
<br /> � : • UN�ORM COVENAN'TS.Borrower and Lender covenant and agree as faQows: �
<br /> l.Payment oP Princ�pal and Intere5t;Pregaymeat and Late Cdarges. Borrowcr shall pmmplly pay when duc the , �
<br /> - - principal af and interest an the debt evidenced by the Note and any prepaym:xtt and late charges due under the Note. - . � _ �
<br />- • � ', 2.Funds Por Taxes and Iusurauce. Subject [o applicable law ar to a wriuen waiver by Lender,Borrower shaA pay co , . <��'•.�
<br /> . I.ender on the day monthly pay�uents are due under the Nnu:,until the Noce u paid in fWl,a sum("Funds")for.(a)yearly taues ,E::",,��
<br /> and assess�nents which may auain priority over ihis Security lnswment as a lien on the Praperty:(b)yearly leasehold payments . ""-- °:
<br />- �,..-�•: .-._. _ .
<br /> or ground rents on the Praperty.if any:(c)Ycar1Y ha�ard or propeny insurance premiwns;(d)Yearly 8aod insurance premiwms.it .<.�:�.,.,
<br /> . � a�►Y:(e)YearlY mortgage insurance pzemiums,if anY:and(�any sums payable by Borrower to L.ender,in accordauce witb t6e � . .- .—_
<br /> ,, provisions of paragraph S. in liev of the payment of mortgage insurance premiums.7'hese items ara called"Esao'�v Itr�ns." , —
<br /> .; Lender may,at any ticne,w]lect and hold FY�nds in an amouat aot to exceed the ma�cirnnm amount a lendcr for a federally related •`; ::: =_-
<br /> �'•.,.`. .� o-.t..�:
<br /> • mortgage loan may�quire for Bomnwer's escrow accaunt under the federal Real Fs�tate Sealement Pracedures Act of 1974 as r;��E�
<br /> - amendcd fram time to time. 12 U.S.C.Section 2601 er seq. ("RESPA"),unless another law that agpHes to the Funds scts a lesser . . �< .�•-.
<br /> _ amoant If so. Lender may,at any tane.coilecc and hotd F�nds m an amount not w eaceed the lesser amount Lender may . ' '--
<br /> :,:t--
<br /> - estimate the amount of Funds due on tde basis of curnent data and reasonable estimates of expendiwres of fuwre Fscrow Items or —. ::��_�
<br /> :'`��3 otherwise in accordance witb appGcable law. � ;, .
<br /> ..',.: .- � The Funds shall be hcld in an instiwtion whose deposiu are insured by a federal agency.instcumeataliry,or entity(including � , `. S !' ��
<br /> "�'� � � Lender,if L.ender is such an instiwtion)or in any Federal Home Loan Banlc.Lender shall I the Funds to the Escraw
<br /> aPF Y PaY 1'�,
<br /> �� Items.Lender may not charge Borrower for hotding and applying ihe Funds,annually aaalyzing the escrow account,or verifying �
<br /> � , • � the Esccow Items.unless l.ender pays Borrawer ineerest on the Funds and applicable law pemuts L.ender to maalte sucls a charge. , ��
<br /> m
<br /> ��;,
<br /> t:'- However,Lendar may require Borrowcr co pay a one-tune chazge for an ind�pendeat real estate tax reparting scrvicc used by . �:,�n•.
<br />- � � I.ender in wnnection with this loan,nnless applicable law pmvides othenvise.Unless an agreement is made or applicable law . �r::�`�.
<br /> ' '� roquires intc�est w be paid.Lender shall not be required to pay Horrower any interest or earnings an the Funds.Bomawcr and � , �`�`"
<br /> ',.._,
<br /> . Lcnder may agree in writing,however,that interest shaU be paid on[hc Funds.I.cnder shall g[ve to Boaowcr,withaat charge,an =-:—'_-�,:�T�=-,.:
<br /> annual accounting of the Funds.shawing credits and debits ta the Funds and the purpose for which each debit to the Funds was . �:�.� .
<br />- • . . macie.The Funds are pledged as additional scxurity for all sums sccured by this Security Instrumcnt :';?�'?`.
<br /> • If the Funds held by Lertdcr exceed the amounts permiued to be hetd by appticabte law.[.ender shati account to Borrower for • -�:..':�_'
<br /> _ �;�
<br />" ' � the excess Funds in accordane�witb the requiremenu af applicabie law.If the amount of the Funds held by Lendc;r at any time is :.;•...• =.•::..�:
<br /> : -�:�•s�-.
<br /> not sufficient to pay the Fscrow Items when duc.Lcndcr may so noufy Bonowcr in writing,and,in such cage Borrower shall pay ' . ,�
<br /> ''_„a'�_.
<br /> • . ta Leader the amount neeessary w make up the deficiency. Borrower shail matce up the deGciency in no more than twelve - -- -�- ,n_.
<br /> • � � '., monthly paymcnts,at Lcndcr's solc discrcuon. ` ��:
<br /> . • ,.r.
<br /> . ' Upon payment in fuU of all sums socured by this Security Inswment,Lender shall prompdy re[nnd to Borrower any Funds • ` `�'„
<br /> ,.. . � ' , held by Lcnder.If,undcr paragraph 21,Lender shall acq�ire or seU thc Property,Lender,prior to the acquisiuon or sale of ihe � ' '' �,''ia;�
<br /> � ;,, . , . :.._u
<br /> . Property.shaU apply any Funds hetd by Lender at the time of acquisition or sale as a credit against the sums secured by this ,�-;
<br /> . . �,:_
<br /> ' � • � Securiry Instrumen� _ . . . •,;`.
<br /> � � . � � ��;.� 3.AypHcation of Payments. Unless applicablc taw providcs othcrwisc,all paymcnts receivet!by Lcndcr undcr paragraphs ��•,
<br />, • : � � 1 and 2 shall bc applied: Cust,to any prepaymcnt chargcs duc undcr the Notc;second,to amounts payable undcr paragraph 2; 1 : '�"'! -
<br /> � third.to interest dae:fourth,w principal due:and last,to any tatc chacgcs duc undcr th�Note.
<br /> '�' . .,.� 4.Charges;Liens. Borrowcr shaU pay all ta�ccs.asscssrncnts,charges. Gnes and impositions suributablc to ihe Yroperty . .. •
<br /> . i which may attain priority ovet this Security Inswment,and leasehoid payments or groand rents,if any.Borrower shaU pay lhese
<br /> : � obligations in thc manncr providcd in paragaph 2,or if not paid in that manncr,Borrowcr shall pay thcm on timc d'ucctly co ti:e
<br /> , person owed paymcnG Borrower shall prompdy fumish to Lcnder all noticcs of amounu to bc paid undet this paragraph. lf
<br /> Barrower makes ihese paymentc direcUy.Boaower shall promptly fumisb to Lender receipts evidencin�the paymer.ts. •• . .
<br /> Borrower shail prompUy discharge any licn which has priority over�his Security Insuument unless BoaaAL°r:(a)agrees in
<br /> `• wridng to the payment of the obligalion secured by the licn in a manner acccptable to Lender;(b)contesis in goad faith ihe lien
<br /> � by, or defends against cnforccmcnt of thc licn in, lcgal procccdings which in the Lendcr's opinion operatc to prevcnt thc • � .
<br /> ' ' ' ' cnforccmcnt of Ihc licn:or(c)sccures fr�m thc holder of thc licn an agrccmcnt sadsfactory ta Lcndcr subordinating ihc licn to . "�'��
<br /> this Sccurity Instrurr�cn�.If Lcnder dctcrmines that any p;ut of thc Propeny is subjcct to a lien which may suain priority ovcr this ,
<br /> � Sccurity lnsuumcn�Lcndcr may givc Borrowcr a noticc idcntifying thc licn. Borraacr shall salisfy 1hc licn or takc onc or morc ,
<br /> ` I of thc actions set fonh abovc within lU days of ihc giving of noticc. . • •
<br /> � Form 3028 9l90 . � "•;•
<br /> i,` - � �1J,I,rj-9Fi(NE}:ez�z�.o, Nagototc i�a�am: • � . .
<br /> ."'O
<br /> �
<br /> :�'; . � .
<br /> _,.: 1 �. .
<br /> �-• . - , ' � i. � � . ' '
<br /> , ,.. . . . . . '
<br /> - • 4 . '_. ' _ . ''. . �_ — _—�.'i.��1?T� Lj l -� ' . .
<br /> . �_ . . . . . . • �
<br /> ....:. . . ._. � .i
<br /> . .. �. .
<br /> ..
<br /> ___ � _ . t'_. . _ _—�.. .._ �t',_�' . .� . . .•Ide . _ �.I• .r � . _ .. _. t�'t''v+. . •�h. . . _ +{r ^•r.,.i .. .`t _. ���...}�- . 1�. . . . _ ,•F+�},•.. . --rt .. ...
<br />
|