|
. . ���� ' ,� � , . .,.. ° . .... • . ; `�. ' ° `�` "
<br /> • . ,. • • . . . , ., • ' . ' . Ilf�
<br />' ° " „ .. � � � .. .. � '� � . - � . � ' s_�
<br /> ` �� .� � ��.-_� _,.---_.-� �.._. .._,__—�____ _..�------�----`-�. ------.=_�.�.� ` .'-"''---' --
<br />� ��f 97- ��0�'� .� _4::-����;=
<br /> TOGETHER WITN nli the improvements now or hereafter ere�'ted on thc property.and all e�asements.appurtenances,and � � . . ��� �-
<br /> ' fixtures now or hereafter a part of the propeny. All replacements and additions shall also be ��•ered by this Security `. . .�.Yy--„�.
<br /> , IaStniment. All of the foregoing is refened to in thi.Security Instrument as the`Property." � ' � • -
<br /> � BQRROWER COVENAN'fS that Borro�cer i�lawfully sei,ed of the estate hemby conveyed and has the right to grant and - _ - , �.y
<br /> . convey the Property and that the Property is unencumbered, ezcept for encumbrance� of n�:ord. Borrower warrants and will • � -
<br /> defend grnerally the title to the Propeny a�inst a!I claims and demancis,subject to any ertcumbranres of recurd. •� . .' _ y
<br /> THIS SECURTfY IN"TRUMENT combine+uniform covenanls for national use and non-unifurtn covenants a�ith fimited � ~ __ _,
<br /> . . . ,- :
<br /> �_ variatiun,by jurisdiction[a constitute a uniform,ecurity ir�strument coe•ering real property.
<br /> -�' UE�IIFORM COVENANTS. Borrower and I.ender covenant azui agrcx as follows: ' ' '�' __ ' ' _
<br />�� 1. Payment of Principal and Interest: Pcepa}ment and Late Charges. Bom�aer shall promptly pay when due che , ,; —.. ,, __
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges dae under the Note. ` • "i
<br /> 2. Futtds for Tsxes and Insurance. Subject to applicable law or to a written waiver by Lender. Barrower shall pay [o _ . _ _
<br /> Lender on the da�monthly payments are due under the hote,until the Note is paid in fulf,a sum("Funds")for: (a)yearly taxes ' '-.__`�
<br /> and assessments which may aitain priority over[his Security lnstrument as a lien on the Property:(b)yearly le�cehold payments 4 �+'�'�`'"'��
<br /> or graund rents on the Property.if any:lc)yearly hazard or prope�ty insurance premiums:(d)yearly flood insuranre premiums. • ���->.`.��;"`—
<br /> • if any;(e)yearly mortgage insurance premiums, if any:and(�any sums payable by 6orrower to Lender, in accordance with =�• •�__-__� -
<br /> -�_rr�-�--� -.
<br /> the pravisions of paragraph 8,in lieu of the payment of nwngage insurance premiums.These items are called"Escrow Items." �� ��-:�-
<br /> � I.ender may, at any time, copect and hotd Funds in an amount not to exceed the maximum amount a leader for a federali . `��''`�� :r�-
<br /> Y 1: ._ ,�, --
<br /> mlated mortgage loan may require for Borrower's escrow acrnunt under the federal Real Estace Settlement Procedures Act of '':' F; r •� __
<br /> 1974 as amended from time to time, 12 U.S.C. Section 2601 er sey_ ("RESPA"),unless anather law that applies to the Funds �����-
<br /> • sets a tesser amount. If so. Ixnder ma , at an time, collect and hold Funds in an amount not to exceed the lesser amount. ���"-
<br /> y y x...:�..- r��
<br />' Lender may estimate the amount of Fattds due on the basis of current data and reasonable estimates of expenditures of future . �u.,T�:
<br />: Escrow Itertu or otherwise in accordance with applicable law. -- 4_=�.,,�,�„-:_,.__
<br /> - The Funds s8all be held in an institution whose de osits are insured b a federal en iastrumentali or enti �__ �� ��- - _—
<br /> p Y ag �Y. ty• LY :��'��_' - -°_'.�
<br /> - (including LeRder,if Leader is such an institution)or in any Federal Home I.oan Bank. Lender shall apply the Funds to pay the
<br /> Escrow Items.I.ender may not charge Borrower for holding and applying the Funds.annually analyzing the escrow account,or � .� �„�,,,,'��
<br /> , verifying the Escrow Items,unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such •`�` ;�
<br />.. . . .. . ., .
<br /> �-.::� a charge.However, Lender may require Borrower to pay a one-time charge for an independent real estate tax reporting service _
<br /> . • � used by Lender in ccr.c�ction with this loan, unless applicable law provides otherwise. Unless an agreement is made or
<br /> -: applicabie law requires a�t:rest to be paid,Lender shall not be required to pay Bortower any interest or eamings on the Funds. --+� _ • �• `. �
<br /> =jf :.. ir-
<br /> Borrower z�Lender ir.a;agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, � ,i � -,, ,t : _,
<br />':;,}: �-. without cf:l�ge. an annual accounting aE►.�e Funds, showing credits and debiu to the Fund��.and the purpose far which each i
<br /> debit to�`.�f unds was made.The F��iir are pledged as additional sec•arity for all sums secur�i�y this Security instrument. 't ,�'.-
<br /> �. If the Funds held b}�Lender exceed the amounu permitted to be held by applicable law. L.ender shall account to Bonower � ° '��� ,
<br /> �+�=-:�-.: ' � ��
<br /> • for the excess Funds ice accordance witt�the requiremenu of applicabfe law.If che amount of the Funds hei3 by Lender at any � - � :`? , --
<br />�• ` time is not sufficient to pay the Escrow Items�vhen due,l.ender may so notify Borrower in writing,and,in such case�orrower 9i�:: ��.
<br /> �.,. ' shall pay to T.ender the amount necess3ry to make up the deficiency. 9orrower shall make up the deficiency in no more et�an -•.s;�'.' ____
<br /> ' ' twelve�nanthly paymenu,at Lender's sole discretion.
<br /> ' U on a ent in full of aU sums secured b this Securi Instrument. Lender shall rom tl refund to Borrower an w���"`•�
<br /> i� P P Ym . y ry P P Y y �,, ¢y,..�j ..
<br /> Funds held by I.ender.f�.under paragraph 21, Lende�shall acquire or setl the�-.1jerty,Lender,prior to the acquisition or s a le !�'�
<br /> '���.;� of the Pro _ shall a 1 an Funds held b Lender at the time of a• uisiaon cr sale as a credit a ainst the sums secured b _ �<<• ���_ ' "�'�
<br /> f: P°fi+• PP Y Y Y W g y -= - �.
<br /> ,t this Security instrument. }, " ,� -�:-
<br /> 3.A��Yicatfon of Payments.�.'n?�s applicable law provides otherwise.all paymenu reo,�rred by Lender uader paragraphs �, ;;.:
<br /> ,&.� � ,s..�
<br /> 1 and 2 sha11 be applied: first, to any prepayment charges due under the Note: second,to amounts payabte under paragraph 2; ��Si.s,��` �'•�-
<br /> .. :,, '. �...u.�,�,��i:`_:::....r
<br /> third,to interest due;forW�r�'h,to principal due:and last,to any late charges due under the Note. _= _.
<br /> , "�� 4. Charges;Liens.Borrower shall pay all taxes,assessments, charges, fines and impositions attribntable to the Properry _ �.�-�-�;=
<br /> '..:� which may s.::ain priority over this Security Instrument. and leasehold payments or ground rents, if any. Borrower sha!Z pay '�-
<br /> . these oblig:'�ans in the manner provided in para�raph 2.or if not paid in that manne�. Borrower shall pay them on time d:n..°ly ' •• - - `�
<br /> . f to the person owed payment.Borrawer shall promptly fumish to L.ender all notices of amounts to be paid under this paragraph. "
<br /> If Borrower makes thes�payments directly.Bonower shall promptiy fumish ta Lender receipts evidencing the Qayments. • �•__ �•��. - -_- .
<br /> Bonower shall Gr�rr�tiy discharge any lien whi�?s has priority over this S,curity Instrument unless Bor.ovrer: (a)agrees in �
<br /> 7 .
<br /> � writing to�fie uayma-:of the obligation secured by tt�e lien in a manner accepta6le to l..e.*tder:(b)contests in good faith Ghe lien -:�_
<br /> by, or d�fen�s against enforcement of the lien in, legal proceedings which in the Lendes s opinian operate to pretie.-� :he �`'�
<br /> enforcecr.ent of the lien;or(c)secures from the holder of the lien an agreement satisfactory to l.�nder subordinating the I:en to _ ��-
<br /> -; y,�r:W.�.._,.L.._...
<br /> this Security lnstrum_nt. If Lender determines that any part of the Property is subject to a lien which may attain priority over ;s� �_.
<br /> , this Security lnstrurt:ent.Lender may give Bonower a notice identifying the Ezen. Bonower shall satisfy the lien or take one or �'' '�'•'.'�:,��•�� ��".T- �
<br /> more of the actions set forth above within 10 days of the giving of notice. "�'�.�'�'"'�"^'
<br /> . Form 30c3 fllE9 �T+::•:",'r""'-.
<br /> - Pego Y of 6 r '•>.• �
<br /> � r • ���.-r..
<br /> ,���,��-:
<br /> 5�-� a—�
<br />. . JT.:1 T.nj y �L„" - _ .
<br />, I•��I�El1�1i�'�` .—_
<br /> '.�,�.'Y'• '.'t• '--_
<br /> . � � , .
<br />. _ _ :1i�'� _ �1�' - ' ... .. . � _ - �'I,,". . - . ir''S' f ' , ' . .. , .
<br /> , � . � . � ' . �'+�T't ".: i, -��=•���Fyt�►f�
<br /> . , • . � . . � , • , , ��.
<br />. � • .- . . . . � , � . � . . . - ,'� � '_ � . - � • . . .. � .ie . . - � , �� .. .
<br />- .� • - .. . � � . . . . _ " . . . - : � . .. . � . . , .� , . '.. , ' �'
<br />� : ' .. . • � . � '� ' . • . . . . . .. , - . � . � ' . .,{;:?"`� �- . - ,•. ---
<br /> . ' ' . . . ' .. . . ' . - .. . . .. � . . . � �'% , , . - � � � � - i� .
<br /> ..� . . . . • . • . . . _ .. . . . . . ' . " � _ .. . . . ' � . 1�4T.�.
<br /> . -. . • . � , : � � ' ' .1 _ :..� '-. . . . � . . • � . .. ' . . . ".. - -�-'
<br /> • .
<br /> .. _ .__ . ... . .. . ._.. . . . .,. , . .' - - - - - -- - - '— - -- - -
<br /> • --�--- --._-'--.._.._.�—�__._. - .' ' ._ . . . .. . -. --- ---- - - -- - ---- -� -� ---- --� -- -- � - --- - -- - - .-
<br /> - -. ""'-•--'-�-'----°----'--•----"----- .. .�. ,... .�..—. �.
<br /> -'___. . � . ..... .--
<br /> . . . --, . �� i� ' y�. � - � . - . -`- �:. _.
<br /> - ., � . . . ' _ . . . � . � ' , ` .. ' � .. . ' .'.' . '�. � �`�:r...
<br /> . �- .• . . . . . • . .
<br />�. .:.............. •--�-,>�°n--° "-..._..,._w_--._...�.'-'--_. , _..---•'- � - � . -_._..._ .....__, ._ � .......... _ -._ . . . . . �-
<br /> .._..y_....i�.Z.
<br /> . ' - . ' � ' � . • '. , . , ,. . . . -;';. �� _ . �` �... . . '-� i .,
<br /> .... .�.. . �.�. � ' �. ... � _ - . �. . . . - .. . _ . � � .� ._ . ' ._. .. :�",'� : . . � .. , � � . ' • , _' ' _ , . , - .
<br />
|