|
_ .t„ . '_ .y,�,` . . . . . . . . . , , '�;: _
<br /> . � -G � , . -.,.>.' -� - ' . . .. . < . �- _
<br /> . . . . ,( - � - - _ _ .. . .' . �. , . . } • I ` - - - n,. ' .� ` � . �^' ' .. � c.. ��-c�',�: ��.
<br /> ._._'�— .r . .. - � � � _____;�._..� . .�. ..�-�_ �" 'f w� } - .
<br /> -..� — _^.-.v:. -_ ___ _-
<br /> �� � �l�s �OVwr'Y� � " `" --__,t�
<br /> � ' � � _
<br /> -- l VUC I t1LR W 11[I'd11 I(1C IJIIp(OVCiilCfll!fWW ur nereai[er encc.zai un inc pruFm�y..a�u a�ca�ru�ciic�.aE,�,u,icumn�..u,.'. . .,,,- .
<br /> fiz[ures now or hereafter a part of the property. All replacements and addiuons shall al+o be co�•ered by this Securiry � ` -T
<br /> � Instrument. Ali of the foregoing is referred to in this Security Instrument as the"Praperty." � ` , �_
<br /> BORROWER COYENANTS that Borro«er is lawfuUy seised of the estate hereby conveyed and has the right to grant and ' -
<br /> • convey the Property and that the Propetty is nnencumbered.except for encumbrances of record. Borrower warrants and will : ; . �;�
<br /> � defend generally tl:e tide to the Property against all claims and demands,subject to any encumbrances of record. ; ; � � ` . .�
<br /> THIS SECURITY INSTRUMENT combines uniform covenanu for national use and non-uniform co�enants with limited . � �'�
<br /> variations by jurisdiction ro constitute a uniform security instrument covering real property. , . � .. �` .�'`,''��"
<br />_ -= UNIFORM COVENA;v1'S. Bc3rrower and Lender co�enant and agree as follaws: _-_ -< - _,_-- -
<br /> 1. Payment of Piincipal and Interest: Prepayment and Late Charges. Borrower shall promptly pay when due the : � . � �,,��_�
<br />. principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. ' � , _
<br /> 2. Funds for Taxes and Insurance.Subject to applicable taw or to a written waiver by Lender, Borrower shall pay to � � - - .. � ,.
<br /> ,.
<br /> Lender on the day monthly payments are due under the Note,until the Note is paid in full,a sum("Funds")for.(a)yearly ta�ces _�:�... _. _ ' � _
<br /> and assessments which may attain priority over this Security[nstrument as a lien on the Property:(b)yearly leasehold payments . •�4'��' �� � '
<br /> or und rents on the Pro ert ,if an ;(c) earl hazard or ro insurance remiwns:(d)yearl fload insutance remiums, • '�`�A"
<br /> � P Y Y Y Y P Penl' P Y P ,,,,,- ..,.�.:.,.'�;.�s.�.- ;-
<br /> iF any: (e)yearly mortgage insurance premiums, if any;aad(� any sums payable by Borrower to I.ender, in accordance with '`___'�'���� `"�
<br /> , � ti�e provisions of paragrapt�8, in lieu of the payment of mortgage iasurance premiums. These items are called"Fscrow Items." `'•�:`� _'�.�"--
<br /> .` I.ender may. at any time, collect and hold FuRds in an amount not to exceed the maximum acaount a lender for a federally ����
<br />. • related mortgage loan may require for Borrower's escrow account under the federal Real Estate S�;ement Pmcedures Aci of ''`'''�'�` �� �.--
<br /> _�'"-',__�
<br /> -_'i�-;.:-,�,--
<br /> 1974 as amended fmm time to time. 12 U.S.C.Sectian 2601 et seq. ("RESPA"),unless another taw that ap�e��:s to the Funds •:�'r `�-�=--
<br /> , sets a lesser amoant_ If so, Lender may, at any titree,ooliect and hold Funds in an amount not to exceed t��d�ser amount. ` - .• • • �. : �
<br /> Lender may estimate the amount of Funds due on the basis of curtent data and reasonable esiimates of expead.a�ures of future ���'", ,'e�}�""' �; _'�
<br /> . Escrow[[ems or otherwise in accc�rdance with applicable law. ' `" f,Y�:`"-`;.
<br /> - The Funds shall be held in an ins¢itution whose deposits are insured by a federal agencl. inswmentality, or ea¢sa} -
<br /> .f' i.
<br /> `r" (including l..ender, if I.ender is such an i:astiairion)or in any Federal Hame Loan Barxk. Lender shall apply the Funds to pay '�e
<br /> �-'4i _ 1� �.a.i . '-!.
<br /> .�.�.
<br /> Escrow Items. I.ender may a�t charge Borruwer for holding and applying the Funds,ar.nually analyzing the escrow account,or � , ��ri=---•
<br />: verifying the Escrow Items.unIps I..ender pays Borrower interest on ihe Funds and applicable law permits L.er�rr to make such }t.' � • _
<br /> a ctiarge. However. Lender may require�3orrower to pay a one-time charge for an independent rea!estate taa reporting service Y '�'4����•�_
<br /> used by Lender in cannection with th�s i�3n. unless applicable law provides otherwise. Uni� an agieement is made or ��
<br /> applicable law requires interest to be pa?�:.�.�.ender shall not be required to pay Borrower any int:rest or earuings on the Funds. ' �'.:. i:,....�,
<br /> �TOwer and Lender ma a ree in writin ,however,tt�at interest shall be aid on the Funds. Lender shaL. ive to Borrower, '""` ��-
<br /> . Y S g P S { : � :i.�ti,-:`;,.,
<br /> , . '� ��::haut charge, an annual accounqng ot'the Funds, st�wing crediu and debits to the Funds and the purpe�for which each •. ,';. � a- `� ,��. '
<br /> �zbit to the Funds was made.The Funds are pledged as a:ditional security for all sums secured by this Se�vrity Instrument. k�f�.,�._ �� �`
<br /> ,.�� ,,. .•
<br />' • If the Funds held by Lender exceed the amounts permitted to be held by applicable law.Lender shall account to Borrower � ,,��,'{: -�=�
<br /> 3r' .. ;:'�` .�:;.-'
<br />:;1=:�:�; for the excess Funds in accordance with the requirements of applicable law. If the amount of L'�e Funds held by Lender at any �.� °:w} t,,;,' �_
<br /> "'��''���'` time is not suffccient to pay the Escrow Items when due.I.ender may so no6fy Borrower in a�r.aag,and,in such case Borrower K.; ...,.:.:� {�' �� �''
<br /> ,� :j;, .� x
<br /> - shall pay to i.ender the arnflL�t necessary to make up the deticiency. Borrower s4�af]r_-.�ce up the deficieney in no more than �"'q6""' _`�j�1`'{
<br /> twelve monthly paymenu,at L,ender's sole discretion.
<br /> :.+fy�', :;;-:�
<br />, Upon payment in full of all sums sscured by this Security instrument, Lender shafl prompdy refund to Boirower any •r..;,�,`z,�,�;,:,
<br /> �' Funds held by Lender.If,under paragrap;�21. Lender shall acquire or sell the Property,l.ender,prior to the acquisition or sale �- =
<br /> s of the Praperty,shall apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums secured by '• .�.;.:��1f� �y �''�_��-
<br /> `' e?�is Securiry Instrument. _ __ ` "--_
<br /> 3.Appl[catton of Payments. Unless applicable law provides otherwise,all payments received by Lender under paragraphs ��`
<br /> .�.... .
<br /> . 1 and 2 shall be applied:first,to any prepayment charges due under the Note; second. to amounts payable under paragraph 2; r` �.�;.; ;: .;,.
<br /> third.to interest due: fourth,to nnci al due;and la�t,to an late char es due under the Note. ;�f��� '.'
<br /> P � P Y g t;��, .
<br /> �.Charges;Lieng.Bonower shall iay all taxes,assessments,charges, fines and impositions attributable to the Property , �,..q�fi:;''���� �� ��-
<br /> which may attain priority over this Security Instrument, and leasehold payments or ground renu,if any. Eorrower shall pay ' ''.' ' �•�;��"" � -
<br /> +�i: ' -�r-��`F : .� :�-'��'
<br /> . j these obligations in the manner provided in�aragraph 2,or if not paid in that manner,Bonower shall pay them on time directiy ���,k . _
<br /> �•.1. to the person owed payment. Bcrrower shall promptly furnish to Lender all notices of amounts to be paid under this paragraph. •�'�. .
<br /> ���:� If Borrower makes these payments directly.Borrower shall promptly fumish to Lender receipts evidencing the payments. �' -.�-
<br /> :� � Borrower shall promptly discharge as:�lien which has priority over this Securiry Instrument unless Borrower. (a)agrees in --,
<br /> � writing to the payment of the obligation secured by the'_�.n in a manner acceptable to Lender;(b)contests in good faith the lien � �,r�t.
<br /> �}r, or defends against enforcement of the lien in, le�:� proceedings which in the L.ender's opinion operate to prevent the - -:.---�,a���_ _
<br /> � �": ' enforcement of the lien:or(c)secures fi.:m the holder of the lien an agreement satisfactory to Lender subardinating the lien to '' —
<br /> � '��' this Securit [nstrument.If Lender deter.��nes that an art of the Pro ert �s sub ect to a lien which ma attain riorit over '� •`�`'�'��'�""�°
<br />;•�k,;,�l Y Y P P Y � J Y P Y -.r�!w:R-{,,;�:.�:�. .
<br />���; this Security Instrument.Lender may gi�e Borrower a notice identifying the lien. Borrower shall satisfy the lien or teke one ot .y•:::� , '+ .
<br /> ' . . more of the actions set fcn��'�ove within ]0 days of the giving of notice. �i��;`{.�.=��l�=�s��=_' �. .� �
<br /> �r?�:,�.� .
<br /> Form 3028 9190 �?��A '��'�^ •�
<br /> •��„.; , a�go 2 of g -;���y���•�±f••!
<br />,,if 4
<br /> y;�' , .1��' ... .t:.
<br />�';�77'. 1"J:�a.'`!�!'�!�!!wa-����..
<br /> _J. � . ' . . . _ . _ - • . � . � .. ., t•r'.; • ' ' • . . .. . .. ' ' I '-
<br /> . _ . _ . , - . . _ .. . . . . - , . ,x�•
<br /> '1'� . . . ' . . - ' . . ' .. ' �. . . ' . .. • . - . ' - . ' � � .�___.
<br /> ' . _ ' ' . . . . . . ' ' _ . . ' . . ' . . ` . . ' ' �
<br /> . . ' . . . • _ � . • .. -.. . . ' � � - • .n . • � . ....... �•
<br /> ' . . . ' _. . _ . _.. . . . . , . ' • _ -. ' . _ .. . . _ t '�`
<br /> _ ._ _—_— _ . _ --- . _-_-'_'_'---_' . .:���'_— . . . ' ' . . . .- , ' . . ' � � +• . ���"�'
<br /> , ,` . . . . ' . . . ' , . _ ' _ . . . • - � ... . .. �
<br /> - .. ' - . . . .. . . - - - � , � - - ' - . . . . . . ,�w.cu
<br /> - . . � • ' _ . . . . - . , ' . . . . .. . 1. .. ,. . .� - . i'-..-�
<br /> _ _-�.....r _ _' , -.'�,, ..t ..-.... ` .. ' .. '_ —— .. -- - �',"` . . . - � .+''_ . . .. . . ' .
<br /> . . . . �� .a. , . . . _ . • . � - ' .
<br /> . . .. . ..
<br /> .„
<br /> . . . . ;.
<br /> -. .. . .. . . . r.
<br />- i.' � . . . , . ' . �� , .� -. .. . . • �1 �, . .. . . .. • -4" . . . �.. . ' � ' . ' .. ' . � .
<br />
|