|
..�...�'.,.'>..�.�.� • • ' :l`.d. ...s...,Y:� :..�i� -r �.��x... '�'`£`.__:.
<br /> �^'- . � . . _ ... . r ,`, . C ` . ( . � �i
<br /> _ , � < �. '�', ' . ��..��'-�c - .S.. " ._ ' . . . .. `.4l t �=•C't_.__•` ( ,r� �
<br /> ._ - ..� . ' ' . � ,. - - , .. _ - "' _ . _ . . . . "' �' 4 � , t , � � .*�, .
<br /> .. i' ' t - f , ` ` . � '`- ,t L - ` ' � t � � .. � < �` �� � �S ti . � ,O . .
<br /> � r• C � `. . • ' '.. - �. _ < • <. L. �:. •A � ' � -
<br />. " , . � � �`,- . . . � - . . ' C� C .F♦ • �� ___..r�.�.,� .�..._--._��..._ - _-�" . ' ` ..
<br /> C .� . . �.�... � E.
<br /> . .. "_-.J_ _ .5- '
<br /> t� E. `' . .:
<br /> �' . , '
<br /> - ' TOGETEiER WIT1�a11 the impmvetneats now or hereafter erecxed nn the pmperty.and all easements.appurtenances.and ��; ;``:r �.,
<br /> �.:� . ` "��� All Iacemems at�d addirions shall also be covered by this Security • ,. :. `. ` .
<br /> �, ' fuccures now or hereafter a pan of the property. �p +
<br /> � t Instrument.All of the foregoiag is referred to in this Security In.sdument as the"Property" . ; ' •
<br /> `�' � _ �OILROWER COVENANTS that Bosrower is lawfully seised of the estate hereby comeyed and has the right to grartt ar.d ;, a
<br /> , , ` _ convey the Properry and diat the Fr°PenY n unencumbe�ed.except for encumbrances of recard• Bortower warrantc and arill
<br /> ,, ne
<br /> � •y-�• defend generdlly the atle to the Property a;airsst all claims and demands.subject ta any encumbrsnces uf record.
<br /> �n":"�� THIS SECURITY INSTRUMENT combines uniform covenanu for national use and non-uniform covenants with limited _
<br />-x-1-`:Ff,"�'7'_= -
<br /> variations by jurisdiction to coiutitute a unifarm security iustniment oavering real property. �_;_�-�=.._._ ,-'-
<br /> =�:�, �`; � `' UIJIFORM COVENANTS.Borrowe�and Lender co�ve�� C����°��Wer shaU prompdy pay when due the .
<br /> . � � ' 1. Piaymeat of Principal and Ittteretitt �i�3'� -
<br />_ � _ principal of and interest an the debt evidenced by the Note and any prepayment and late charges due under the Note. � ',�4}���. ,
<br /> " • :i;; 2.Funds for Texes sud I¢ssnranoe.Subjecc to applicable!aw ar to a written waiver by[.ender.Bozrower shall pay to ,
<br /> I¢
<br /> ° ' [xnder on the day inonthly payments are due under the Nate,until the Note is paid in full,a sum("Funds")for.(a)yearly taxes . .
<br /> • ., . and assessmenu which may attain priority over this Security Instrument as a lien on the Property:(b)yearlY leasehold payments � '
<br /> • ' or gcound ients on the Pcoperty.if any:(a)yearly hardrd or property insurance premiums:(d)Yea�'tY tlood insurance premiums. � °: ,. � �;.
<br /> sums a ahle b Borrawer to Lender,in accordance with �':ti,,_ `� � `_
<br /> . � if any:(e)YearlY ma�tSage insurance premiums.if any: and(�anY P Y Y �-
<br /> the provisions af pa�agraph S,in lieu of thepayment af mortgage insesrance prema•.:sns.These items are called "Escrow Items." �+1 , '�:�s,_:
<br /> � Lender may� at any uine,collea and hctd Funds in an amount not to excecd che maximum amount a lender for a federally �'
<br /> ' mlated mortgage loan may require for Bosmwer's escrow account tmder the federa!Real Estate Secuen._nt Proc iures A�•o; � ..:��;c�„
<br /> - 1974 as amended from time to time, 12 U.S.C.Sxtion 2601 et seq. ("RE3PA"),unless anoiher law that a�lies to tde Funds � ; _.
<br />_; �� � sets a lesser amoun�If so. Lender may, at any time.collect and hoid Funds in an amount not to excced rhe lesser amount. � � �� .- i_
<br /> � '�. ._ � . _ Lender:nay estimate t h e amoun t o f F u n d s d u e o n t h e b a s i s o f c u r r e n t d a t a a n d r e a s o n a b l e estimates of ex penditures of future ; b.•�
<br />-.4-. ;.i .. �t . '
<br /> ' .:��u Escrow Items or othemise in aaordance with applicable law. ' " •.,•.�==
<br /> '� - « `� The �unds sI�all be held in an instiwtian whose deposits ar� insured by a federal agency. �nstrumentality, or e�ity _ . °�'
<br />: :r�. ,
<br /> • � (including Lender. if Lender is such an institation)or in any Federal Home Loan Bank.Lender shall apply the Funds to pay the ," `Y.,��".�:_
<br />� ' � Fscrow Items. Lender may not charge Borrower for holding and applying the Funds,annually analyzing the escraw account,°r . . F•'�•=-
<br /> . . ..- '..r,v:: —.,. _•.��4 ��`;:
<br /> - � �, verifying the Escrow ItemS, unless Ixnder pays Borruwer imerest on the Funds and applicable law permits l.ender to make such ���
<br /> ' ' ` � a charge.However,Lestder may require Borrower to pay a one-time charge for an independent real estate tax reporting se►vice . :��.
<br /> �:i.-,,.• . . -
<br /> V �,;`;:� used by L,ender in connection with chis loan. unless applicable Iaw provides othecwise. Unless an agreement is made or `„• , �.�,�,rr�
<br /> � _.; ; � ` applica6le law requires interest to be paid.Lender shall not be required to pay Borrower any interest or eamings on the Funds. _
<br /> � • , Borrower and Lender may agree in writing,however,that interest shall be paid on the Funds. Ixnder shall give to Borrower, _ _
<br /> whhout charge.an annual accounting of the Funds,showing credits and debits to the Funds and the purpose for which each �.'� °_
<br /> � � � debit to thz Funds was made. The Funds ate pledged as additional suvriry for all sums secured by this Security Instrument. � , :;.�. :
<br />• • If the Fvnds held by Lender eseced the amounu permitted ca be held by applicable taw.Lender shall accaunt to Borrower � .. • '�--T
<br /> . . � ; .� for the excess Funds in accardance with the requirements of applicable law.If the amounE of[he Funds hetd hy Lender at any .�y�_.
<br /> - -- �� ' . . :� t i m e i s n o t s u f t i c i e n t t o p a y t h e E s c r o w I t e m s when due.l:ender ma y so notify Borrower in writing,and, in such case Borrower �:�r
<br />, shall pay to Lendes the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more t han , ,,��:
<br /> - twelve month3y paymenu,at I.ender's�ole discretion. � • , ';��
<br />-• ,� . . ,{ Upon payment in full of all sums socured by this Security Instrument. Lender shall promptly refund to Borrower any . . ��.'
<br /> • i Funds held by Les:der. If,under paragtaph 21,I.ender shall acquire or sep the Property.L.ender,prior to the acquisirion or sale . �_
<br />•''�? ' ` of the Property,shall apply any Funds held by Lender at the time of acquisition or sale as a credit against t!:e sums secured by , 9-
<br /> s this Security Instnsment. ' . --�_
<br /> ' � • '"� 3.Applicat[on of Payanent�• Untess applicable law provides otherwise.all payments received by Lender under paragraphs �.,_
<br /> . •-'i I and 2 shall be applied:first,to aay prepayment charges due under the Note:second,to amounts payable under paragrapb Z: -'-
<br /> • • � '� °; third.to interest due:fourth,to principal due;and last,to aay late charges due under the Note. , ,r '
<br /> • � �... 4.Charges; Llens.Borrower shall pay all ta�ces.assessments, charges,fines and impositions attributable to the Propetty � _
<br /> � , � .•� which may attain priosity over this Security Instrument. and leaschold payments or ground rents. if any. Borrower shall pay
<br /> • . .. these obligatioas in the manner provided in paragraph 2.or if not paid in that manner.Borrower shall pay them on time directly
<br /> ' , to the person owed payment.Borrower shall promptly fumish to Lender all notices of amounts to be paid under this paragraph. .
<br /> • ' . ' • • If Bonawer make.s these payments directly.Borrower shall promptly furnish to Lender receipts evidencing the payments. . .
<br /> ' � • Bonower shall promptly discharge any lien which has priority over this Securiry Instroment unless Borrower: (a)agees in _•
<br /> . ' writing to the payQnent oi the obligation secured by the lien in a manner acceptable to Lender:(b)contes�s in gaad faith the lien � "
<br />, . • by. or def�nds against enfarcement of the lien in. legal proceedings which in the Lender's opinion operate to prevent the . . �
<br /> � � enforcement of the lien;or (c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to . _. .
<br /> � ' , this Security Insirument.!f Lender determirtes that any pan of the Property is subject to a lien which may attain priority over �
<br /> � this Security lnstrument,Lendet may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or
<br /> � � more of'the actionsset forth above witbin 10 days of the giving of noticc. .
<br /> • Form 3028 9190 . •
<br /> ', � � Pa�JO3ofs . .
<br />. ..- � .. .__.___• .. ... _.. .. . _ . .
<br /> , � . .. . . . . __.. .. ..,._._�__'_.__"'_"'.... ._ ... _ ... _ . . . � , . ,
<br /> - '_.' . . . . • ' . � . , � .. • i. -
<br /> 1.�. � ' � ' . - • . . . _ . _ - ' , _ ,
<br /> �' S�. • � � . . . � � e...-�-.�-�+"".t�. .�--^-^�-_'1`..�'�w�.�.,!.�-.-.-z_""-'—"-
<br /> .. . ..�..�-.......ti . .� _ _ .. . . . , . ._' . ' . .
<br /> `��, . ... •� . , _ ''-y s� �-.s�Y, i? � . _ . .
<br /> .�.'q�.�,"il�yy"°:�.."�_""'.=�7—.__..., ... . ,. . . .... .fi�``�:+L'4� �' T,r_� „�r� ..-'-'—'�'lc'1� . . .. .... � ' .. ,. .. ,:..,�u}a._. .... . ... .ti..z. :..:..
<br />
|