|
• ._ ... . .. ' � • • � , � • , . i , � ' � � 1 � '.. C _ • , h � f-
<br /> t _.- , - - -.-�n_ - •'.�� `__�__� _' -,_• .� .Yi_�_�- .__ ___ ..� �..� .._..�..�,_._�._i. Y` • 4` _ . `j_Jf j - --
<br /> . ` c t., . ��.
<br />�� . � '.. , �.
<br /> .97� iG��� . ��. S � .,, `
<br /> � TOGETHF.It WITH ail the�mprovements now or nereatter ereccea on me prup�ny, a❑u a��r.�,��cu►�,aYyw�c,�,�..�.�. -� � .�
<br /> fixtures now or hereafter a part of the property. All replacemenu and additions shall also be covered by this Security `"'��`"�'�'"°�'=°"��
<br /> � Instrument. Al!of the foregoing is referred to in this Security lnstrument as the "Pro�erty." -�, �6
<br />;� BORROWER COVENAPI'['S tha[ Borrower is lawfuUy seised of the estate hereby conveyed and has the right to grant and `,t ...,4-._. .4.. .��
<br /> convey the Property and ihat the I'roperty is unencumbered,except for encumbrances of record. Borrower warrants and will ' �, . •.-
<br /> ' defend generally the tide to the Praperty against all claims and demands,subject to any enzumbrances of record. •. •
<br /> ' THIS SECURITY iNSTRUMENT combines uniform covenants far national use and non-unifortn covenants with limited •� .t.• : : , : ; �
<br /> 1 variationt by jurisdirtion to tonstitute a uniform security instrument coverine real property. __ __} � ,. ,.��_.
<br /> ' .-:_�-- .—
<br /> s UNIFORM COVEPiANTS. Borrower and Lender covenant and agree as follows: � -�"'f`
<br /> 1. Payment of Principal and Interest; Prepayment and Late Charges. Bonower shall promptly pay when due the _
<br /> : principal of and interest on the debt evidenced by the Note and any prepayment and(ate eharges due under the Note. � '� . ,:� ..,;.,;.,�`, �
<br /> ' 2. Funtls for Taxes and Insurance. Subject to applicable law or to a written waiver by Leceder. Borrower shall pay to � . � ' -f a '��
<br /> y... _._ , .., ._.�.i..-w.�7�,-i� �
<br /> Lender on the day monthly payments are due under the Note,until the Note is paid in full,a sum("Funds")for:(a)y�uiy taxes • . _
<br /> ! and assessments which may attain priority over this Secwity Instrument as a lien on the Property;(b)yearly leasehold payments � ' !
<br /> ; or ground rents on the Property,if any;(c)yearly hazard or property insurance premiums: (d)yeariy flood insurance premi[uns, , � `�,:.�.��.;���•��
<br /> t if any: (e) yearly mortgage inswance premiums, if any:and(� any sums payable by Borrower to Lender, in accordance with ' '�'`
<br /> . ��:_�����•��
<br /> ' . ;� •_._____--_ ..
<br /> i the provisions of paragraph 8, in lieu of the payrn�nt of mortgage insurance premiums.These items are called"Fscrow Items." '. :-.;�^"a-
<br />''� Lender ma , at an time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally • '`""-"
<br />•� Y Y ... ..�,''J�.�'��-:�:
<br /> related mortgage loaa may require for Borrower's escrow account under the federal Real Estate Settlement Procedures Act of ,=3_��� ''-`-"--'
<br /> 1974 as amended from time to time. 12 U.S.C. Se:.tion 2601 et seq. ("RFSPA"�,unless another la��that applies to the Funds '`:`�'��f-=-""�`
<br /> .. :F'�::� ��
<br /> seis a lesser amount. If so. Lender may, at any time. coilect and halJ Furw io an amount not [o exceed the lessez ame���t. •:•.4;�:t�!_.��__,��,W�
<br /> Lender may estimate the amount of Funds due on the basis of c��rrent data and reasonable estimates of expenditures e€�.:��:re -"- . �,,,� °
<br /> ;�.T.� -
<br /> Escrow Items or otherwise in accordasn:.with applicable law. --�-�,j;cT.,��,-r� ` � �_._•_�
<br />�,�. The Funds shall be held in an in��n.rie. whose depcs*s aze insured by a federal agency, inswmentality, m� :�ty �' ya},• ... -'`. :`��W---�
<br />' 'f (including L.ender,if Lender is such an ir.s.itutic�.�.ar i�any F�i�ral Home Loan Bank.Lender shall apply the Funds to pay tfte F��� ` �f'�:�
<br /> Escrow Items.Lender may not charge Borroc e:'.o�h�lding and a�plying the Funds, annually analyzing the escrow accoum,or �- .�;;; .' � ft����r: �,
<br /> �• 't131AS ° ' :• .����'•��
<br /> verifying the Escrow Items,unless Lender pays�:�uwer interest on the Funds and applicable law permits Lender to make such .�y,s:;. ;�,._,_..�,���',:.�.�:-
<br /> `� a charge. However,Lender may require Bonower[o pay a one-time charge for an independent real estate tax reporting service :_;f��•t'rp n!" • -
<br /> �, ''. - � ;' .
<br /> used by Lender in connectian with ie:s loan, aaless applicable !aw pmvides otheroiise. Unless an agreement is made or r .'•�-
<br /> applicable law requires interes[to be�id. Lende:s�all not be required to pay Borrower any interest or earnings on the Funds. - .
<br /> ..- t' , :�
<br /> Borrower and Ixyider way agree in writing. hou=.;s, that interest shall be paid on the Funds. I.ender shall give to Borrower. .,:.�;:;
<br /> without charge, an annual acconnting of the Funds, showing credits and debits to the Funds and the putpose for which eaeh ��`�"��'�
<br /> 3F:�,.�r �r:, .,c-
<br /> debit to t:ne Funds was made.The Funds are pledged as additier..�l aecurity for all sums secured by this Security Instrument. ��.;�;y��'.'j _: •�
<br /> If che Funds held b Lender ese�ed che amounts ermitt�d ta be held b a licable law.L.ender shall aecount to t�ac�-ower ''`'� � •
<br /> Y P Y PP , ah.. . . �a��.:: `.�..
<br /> for the excess Funds in�ccordance with the requirements of appiicahle law. If the amount of the Funds held by Lende:_i any _ ,�s�t';:::�•:%�?%� :;�'�� --��
<br /> , , � ...:;..,.
<br /> time is not sufficient to pay the Fscrow Items when due,Lender may so notify Borrower in writing.and,in such case Borrower ' it r, ,,.
<br /> shall pay to I.ender the amaunt necessary to make up the deficiency. Borrower shall make up the deficiency in no more than
<br /> � w�� ����.'-.,..
<br /> �� '. ,-,.•.
<br /> twelve mont!►ly payments,at Lender's sole discretion. �,,•'�.'��
<br /> [Jpon payment in full of all sums secured by this Security Instrument. Lender shall promptly refund to Borrower any `.'°
<br /> , ' Funds held by Lender.If,under paragraph 21,Lender shall acquire or sell the Property, Lender,prior to the acquisition or sale `��
<br /> of the Properry, shall apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums secured by - � ��:� ''`
<br /> this Security Instrument.
<br /> 3.A Itcation of Pa ments.Unless licable law rovides otherwise,all a ents received b Lender under ara hs �"�'� __
<br /> PP Y aPP P P Ym Y P B�P �!`���,___._� �
<br /> " 1 and 2 shall be applied: first. to any prepayment charges due under thr;Note; second.to amounts payable under paragraph 2: 1 _.,., ;.:_-:
<br /> third,to interest due:fourth,to principal due;and last,to any late charges dae under the Note. �"___�_.-y��"'--.•—
<br />� 4.Charges;Liens. Borrower shall pay a11 taaes,assessmenu,charges, fines and impositions attributable to the Property � ���
<br /> which may attain priority over this Security Instrument, arsd leasehold payments or ground rents, if any. Bonower shall pay ---'='�
<br /> these obligations in the manner provided in paragraph 2,or if not paid in that manner.Borrower shall pay them on time directly '� �-� �� " •,
<br /> to the psrson owed pay�nent.Borrower shall prompdy furnish to l.ender all notices of amounu to be paid under this�:u�graph. -�`a'"'-"; s" �
<br />. if Borrower makes these paymens directly.Borrower shaU promptly furnish to I,ender receipts evidencing the paynUan�t. '`�'"."_". . "=`
<br /> Borrower shall,r,ra-nptly discharge any lien which has priority over this Security Instrument unless 13orrower: (aj agrees in ��'-��''�,�" "
<br /> writing to the payme,��a:the obligation secured by the lien in a manner acceptable to Lender;(b)contests in good faith the lien � -�� '"�"A'`�
<br /> �_-�.-.��.-'-���:
<br /> by, or defends ag�:tsi e.�.orcem�:t of the lien in, legal proceedings wbich in the Lender's opinion operate to prevent the ':.�_--
<br /> � enforcement of the li:.-�:or(c)�:cures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to "�`�� "'� '' ��
<br /> ._�r.•w�`�,�.... _.; . :
<br /> this Sea:rty lnstn.:..ert. If Ler.,�er d�termines that any part of the Property is subject to a lien which may attain priority over „ �, ���� , _
<br /> ��
<br /> this Secvriry Instn-��:., l.er.der may give Borrower a notice identifyin�the lien.Borrower shall satisfy the lien or take one or _ ��_:_�,
<br /> • more of the actior.s s�:t�a:th above within 10 days of the giving af notice. �`�`�'
<br /> Form 3028 9/90 _ � ,r'.��' .
<br /> . ^;<'`��'�'�
<br /> �v,K a U e _,. ;,+�...., -,.. t,'i'. ,
<br /> •L�.�jr � �....
<br /> y S(.�'y``. �•, .4:�,-� .__
<br /> . .��'I. .Sr-�
<br /> a�:.,�,.,
<br />� , -:�,� r�..._
<br />.' � :-:J':{'ir,. -
<br /> � : . �'
<br /> _ � � . . . ., . - . . . . �_�\r . . . . .. �����- _ • . . • .. • - .. ' �`'�
<br /> . . � .. .. .. . .. . .�.;•'� . � --
<br />. -' l ' . -, � , . . , _ �. -_ . . . . � � - . , ;;1:�- • - "--'� -' . .-..
<br /> i�. .
<br /> tt y , . , ' . . _ . .. .. - - � .- . - ' . ' . :_
<br /> .�I-i., r � . _,.. ; . . . . . . • . . . ' ' ' .. ' • . ' . . , _ . _ ' ' . ., _ , ...�•
<br /> - _ . ' ' _ . , . . .�. . ' � � . -. � . . . — _.
<br /> . . . ' ' ' � ' . . . . . ' _ . . . '� ` • ' . - _ , � - ��
<br /> ' ' . - . . - � . ' ' _ � . . . .. � . . . - ' '.. - . . �-.
<br /> ..__ _ ._. . _._ _ --.- _ _>.__._"__'_'.—"_"___'___.____'_"_"'___. _�_ _—. -- _ __ __ -__ .— _._._
<br /> .-_. ' - . "__' - _'. ' _
<br /> .� - ' ' . ♦ • _ - . . . - ' . . . i. _ . . . . .. _ . �"
<br /> . ._ _ _ .1' •� _ . . _ . . . • ' .
<br /> �r. . '' - , '� � � •. �. � . _� -'� m_.rT�.—_•_r�. _ _�� _ `. •t:��.� —......1 _ ' ;f'_ . ' . f -��
<br /> � . �---;,.__:1 , - . {" ' . °i:.�. .i j�j �---� .
<br /> _.... � a� „ � . . � ... ' Y� ' . . . ....�".. � . �_ . ._ . .. .... . _ � . .... . 1 . . ? ..)_.�i - . . .. .��i�� '�... . �1 .. . . . . .
<br />
|