|
: . . . .
<br /> .. . ".�3:�*�.�.`>:�- � , ' . .._ �. ._ ., . . .......,s.�.; t s.::sS�.., ^� �_::'L�_�t a `
<br /> �. }
<br /> .� � ......_ ... ._ �.: _ . ... ...-�,�.� :' s 'c"_ " 4-s::.. s
<br /> „ � _
<br /> i. r- � — --- .._"`°- ` . . . -- --- - - °- - - --- - - -
<br /> � ', ` �.. _,� - ; - �- .��
<br /> -.. ,- � .. , , , . .
<br /> _�4 4 .; Y'Y`�:� _< `! ' � '� _ .� `S _ �'. _ _ . �' 4,...�� �,'4-`A`<
<br /> "_ � . - f.A':�`,:�' _ ;v�'.S2"' y�. " " ' ` .' ., , ._ .. .ry, _ .. _.. _ .. . 'a.... . r -- �..-.,"�� 's: ... .. }. - � ._:.�,':
<br />. - �.. t - .< , t' ..� __ � . < ' , - + c �<� �,t.
<br />. �t. . . � . ' � .c• .
<br /> '�r `� w �� . ' - ' .. . . . ��r: � . . . _.. . � `� 4 . ` � .� ... � , - -� �'-
<br /> . }` ' , � ' . . , . . . ,.'< . � . ' . � t .. <� � - � t ��,•
<br /> '. �� . � F' ' . .. � C ._ . . . . , `. . " .' - <. . . _, . (: . - . .` . _ ' ,�..
<br /> �c . . . .
<br /> .. _ ` F, . •. . \ r - E . . . .. � , . C �- , t.
<br /> � _ � . '�. • ,c . . ` � .. � : � � ` s.�� , �,• •t `F: `t . �
<br /> . - _._.1.._._..----- - �
<br />_ � <<��` 9�� � ��, ° f.� _
<br /> .� _. ' � ����•� urtenances.and ,�•� ` .
<br /> � • �:` 7'OGETHER W1TR aU che impmvements now or he�ter erected on the pmperty,and all easemenu.app ", < <' �
<br /> < , ( . <:.:; fi�heres naw or her�fter a part af the property. All replacements and addit�ons shall also be covered by this Secvrit}+ �4.;�.•.<. ,�
<br /> . . .. ahe laswment as the°PropertY" , • >.�
<br /> �;- . . - . ..,^� Instrument. AIl of the foregoing is referred to in this Security "� ,: ,. :
<br /> � s ;-� BORROWER COVENANTS that Borrower is lawfully seised of the estate hereb'S'conveyed and has the right to grant aud
<br /> ,�•� � convey the Property and that the Property is unencumbered.except for encumbrances of record. Borrower warrants and�^+�11 ,
<br /> • _=`—�--� defend gcaesatiy the tide to the Property against all claims and demands,subject to any encumbrances of record. t ._ ' -
<br /> �_ _.__. .
<br /> � ' THIS SECUItITY MSTRUMENT combines uniform covenants for national use and nun-unifarm wYenants with limited
<br /> . . 4 j variations by jurisdiccion ta wnstitute a uniform security instrument covering real property
<br /> ' ; UMFORM COVEI3ANTS.Borrower and Lender covenanc and agree as follows: , < < ` ,;�
<br />;. ' � l. Payment of Principal aad Interest; Pret�aYment aad Late C6arges. Borrower shall promptly pay when due the . 4 ; :
<br /> y ment and late charges due under the Nate. =„` � ; .. �•�=x�
<br /> . � � principal of and interest on the debt evidenced by the Note and an prepay , . _�.,_
<br />��_:.•i�.L ' 2.Fandc for Taxes an d I n s u t a n c e-S u b j e ct to a p plicabte law or to a written waiver by Ixnder. Borrower sh��pa y�w� � ; ` ..;y�__
<br /> • ' . � I.endec on the day monthly payments are due under the Note,unal the Note is paid in full.a sum("Funds")for:(a)y y �_�;;;`� ` �
<br /> ' t , and assessments which may attain priority over this Security lnstrument as a iien on the Property:(b)Year�Y��ehOtd payments ,:°.R=E_-�;_.
<br /> � P a� floud insurance premiums, ,: a.,:.�
<br /> `: �{; ' � or ground renu on the Propeny.if any:(c)Ye�ly ha7ard or r sums a able bu Borrower�to Lender, in accordan-"e wid► ' , � -_ —
<br />- ' if any;(e)Yearly mortgage insurance premiums.if any;and(�anY P Y Y .
<br /> . ' ` � the provisions of paragtiaph 8. in liep of the payment of mortgage intiurance premiums•These�tems are called"Fscrow Items." v �_:. —
<br /> - � z `� . Lender may.at any time.co}lect and hold Funds in an amount not to exceed the mauimum an►aunt a lender for a federally _
<br />- . . re l a t e d m o rt g a g e l o a n m a y*e q W re f o r B o r r ower's escro�v aecount under the fedetal Real Fstate Settlement Prooeduies Ac� of :'1=--
<br /> � ,`� 1g74 as arnended from time to time. 12 U.S.C. Secrion 2601 et seq. ("RESPA"),unless anot her law t ha t a p p l i e s t o t h e F u n d s �.`'` � ;�. ��-
<br /> •- .. �:�
<br /> '--' � sets a iesser amoun e. I f s o, l.e n d e r m a y, a i an y time, eoltect and hold Funds in an amount nat co excted the lesser amount• � ...,�.`•,,,,�,,
<br /> ' . I.ender may estimate the amount of Funds due on the basis of current data and reasonable estiFnates o f expen ditures o f f u t u r e ��_
<br /> ..
<br /> � Escrow ltems or otherwise in accordance w�th aPPlicable law. � �`r _
<br /> ` � The Funds shall be hetd in an instit�stion whose deposits are insured by a federal agency. instrumentality. or earity �,A,�.�s_
<br /> ° .. � . ' � (including Lender.if I.ender is such an iastitution)or in any Federal Hame Loan Bank•l.�nder shall appli ehe�����f'�� ��
<br /> � � • ' Escrow Items. Lender may not charge Borrawer for holding and applying the Funds,annually anatY�S _— __
<br /> -`- �'�� verifying the Escrow Items.unless l.ender pays Borrower interest on the Funds and applicable law permits l,ender to make such . ��
<br /> a charge. However, l,ender maY require Borrower to pay a one-time charge for an independent real estate ce�t�is made or " ._���
<br />- .,.. �•` ` used by Lender in connection with this la3n, unless appUcable law provides othenvise. Un1eu an � :..;_''�, _ _
<br /> (�� • ' ` '•�` applicable law�requires interest to be paid.�..�der shall not be required to pay Barrower any interest or eamings on the Fands. �.�
<br /> +r � . : :4 gern�wer and LenQer may agree in writing, however. that interest shall be paid on the Funds. Lender shall give to Borrower. :„�r� _
<br /> , -- F u"a'�.aout charge, an annual ac:.ounting of the Funds, showing crediu and debits to tha Funds and the purpose for which each °.��
<br /> :t:�..
<br /> • • � � . debit ta the Funds was made.The Funds are pledged as additional security for all licableelaw�.Lend IS h�cco�ta BOn'°wer � ,
<br /> ' � '! ' If the Fun�.s hetd by L.ender exceed the amounts permined to be held by app !_�
<br /> + � '" � for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held hy Lendet at any =:,a,`,
<br />- �; , � ume is nat sufficient to pay the Escrow liems when due.Lender may so notify Borrower in writing,and,in such case Borrower . �;;,_
<br /> shall pay to Lender the amount necessary ta make up the deficiency. Harrower shall make up the defieiencY in no more than •��_;�;,-
<br />� ' " ' twelve monthly payments,at l.ender s sole discreaan. • . „°.�
<br /> , . Upon payment in full of all sums secured by this Security lnstrument. Lender shall promptly reftmd to Borrower any �R ,,. ��
<br /> � . '�r'�• ' Funds he)d by Lender.If,under paragrapf�21.l.ender shall acquire or seU the Property.I.ender,prior to the acquisition ar sale ____
<br /> �' .'' � of the Property.shall apply anY Funds hetd 6y I.ender at the time of acquisition or sale as a credit against the sums secured by •,��
<br /> � �'' this Security Instrument. :. ��v: .
<br /> � � �•,'�� 3.Appltcation of Payments.Unless applicable law provides atherwise,a11 payments received py Lender undepr parag�p� �;�__y�_�y,
<br /> ..�. � ` _
<br />- �. -. � and 2 shall be applie�:first,to any prepayment charges duc undcr the Note:second,to amounts a able under aragrap _
<br /> � ' � third.[o interest due:fourth.to principal due:and last.ta any late charges due under the Note.
<br />- � 4.Charges:Liens•BonpWer shall pay aU taxes.assessments,charges. Gnes and impositions attributabie to the Propecry . . ,,:�,t,�;: .
<br /> ' • which may attain priority over this Security lnstrument, and leasehold Qaymcnts or ground rents. if any. Borrower shall pay _ ,(: :,;.
<br /> � these obligations in the manner provided in paragraph 2,or if not paid in that mani:rr.Bonower shall pay them on time directly
<br /> `�' � • to the person owed payment.Borrnwer shall promptly fumish to Lcrd�r all notices of amounts to be paid under this paragraph.
<br /> � � � lf B�nower makes these payments direcily,Barcower shall promptiy fumish to Lender receipts eL:�encing the paymenu.
<br /> ��±; . � Borrower shall promptly discharge any lien which has priority over this Security instrument anless$orrower:(a>agrees in
<br /> ��� writing to the payment of the abligatian secured by the licn in a manner aceeptable ta Lender: (b)contests in�ood faith the lien
<br /> : . by. or defends against enforcement af the lien in, legAl proceedings which in the Lender's opinion operate [o prevent the
<br /> enforcement nf the lien:ar Ic)secures from the holder of the lien an agrcement satisfactory to Lender subordinating the lien to �,
<br /> ' � , this Security Instrumcnt. If Lendcr de[ermine�that any pari of the Property is subjcct to a lien which may atta'sn priarity over . ,,�; •
<br /> - .. t his 5ecurity Inhtrument. Lender may give Bonower a notice identify in�thc licn. Borrower shall satisfy the lien or take or.e or ;+, . , ;„�-.
<br /> � � more vf Ihc actions�ct fonh ahovc within 10 dayti of thc giving of noticc.
<br /> ` � � Form 3028 9190 .
<br /> ! . .
<br /> . � vaua��,e ,�
<br /> � � • ' . ..... . . .
<br /> �; , . � ' • _ . . . . .
<br /> ' .
<br /> �
<br /> _ ` . • , � . ,;.;.�y � `. -
<br /> ' . . . -�,�-----�-- • . .- _ ` .
<br /> ., , ., � . . •.�...�.�„..:,._•.• �• :...•..__.._: s� ._..._...___..__ _ _...... . , _ . , . . ..� . ''• >�. ���." . ,',,
<br /> .
<br /> • ,-. .. .- ti�
<br /> ,. ..; . •
<br /> . •
<br />
|