|
• -... �s £'''"'��i,- ' . �. ..:�:.�. - - .c ...1
<br /> . , .
<br /> . �
<br /> -� . . ... - : � - ` � ' - -
<br /> .
<br /> ... .� ...
<br /> �_. . . .. _ , . . .. _ . ..�._. � - - ' - --
<br /> ,
<br /> _�
<br /> _ t` t L . , ` — :� }'� ,_� _rry CS , r. `F r 4r` c4 '_ `-_` � .
<br /> � - :
<br /> < <- _'_
<br /> �,. . .Y . �'_ .pFe c-. . .. � t � ,i�� - , .,� �.0 ` t . p.- t`- ,r.
<br /> ' . _' . ' ", t' ' ' C _ � � . c - `�f,. _�,ty F
<br /> • : . -. �.. -.. . .. . ,
<br /> - - t.. � - . .. . . ..
<br /> : L:. . ,� ."� ' .F `<.� '��.. < ` - . .t: Nr , 4c` . �c - �
<br /> ., . .,�..- �. . - . � a �. � , . � . • ' - ' ' . ' 'y
<br /> ..
<br /> ' : . �, . . ., � , . � . ,, , . L . . . � . . , � . � .. .
<br /> � ' ' ` - . c . . '. ' ��. "h'_ . _ t4 . . _ _ . _ � - �`` _.
<br /> � � . <e'. •"t� � ` , � ' ' ' . . , ` , � � -r � � � • �� • .
<br /> ` ��4 `• ., .. -S� ' .. '�c` . .. . _ . .. . _ .. .. . < ` . ' `' . . ' S. . ' �-p' .
<br /> ' _ : ' � ♦ � . ' . � . 4 l �� � �t(�' ' . '��.
<br /> . '.i. . . ' _ . . . ., . • " �w ' l, l.. ' •' �� . �4
<br /> . • . � . . � . .(.� . .S Y - .y _ ,C. .C�� ' _
<br /> . -�r,:....�.F .,` . _ .` -`�g,;
<br /> ,.. � �F� V���V���Y ` .. - . . ..
<br /> �.. .
<br /> '. : � .� TOGETHER WITEI a11 the improvements now or hereafter esected on the property.and all easemenu.appwtenances.and , �`..<' �
<br /> - "... fixtures now or hereafter a part of the propesty. All �laoements and additi�ns sha11 also be covered by this Security ,. .�..`,,,
<br /> . , .�:.�,`.
<br /> ° - _`-� [nstrument.All af the foregoing is referred to in this Security I n s t m men t as t h e"P r a p e rt y." c ,`<�-,
<br /> - , �;:� BORROWER COVENANTS that Borrower is lawfully seisad of the estate hembY conveyed and has the right to grant aad .
<br /> �'�'�•' convey the PropeYty and that the Property is unencurabered. except for eneumbrances of record. Borrower warrants and will : ', . . �
<br /> s • -��. � - all claims and demands.subject tn any encumbrances of record. . °�.e �. �,,ti �
<br /> — . .--— defend generalIy the titie to the Property agains� -��—:�-� - °-
<br /> ` ' THLS SECURITY INSTRLJMENT combines uniform covenar►ts for national nse and non-unifosm covenants with limited ,, ';�.•
<br /> � �,` � variations by jurisdiction to constitute a uniform securiry inL-tniment covering real proPertY• ,.�. ;,
<br /> ` - UWIFORM COVENANTS.Borrower and Lender covenani and agree as follows: :.� ,:>,:
<br /> � - -" 1. Payatent of Prtnrtpal and Interest; PtePaYment and Late Cha�ges. Barrower st�all pmmpdy pay when due the : ,:,�i
<br /> ter ag " ��:;
<br /> nt and late charges due under We Note. �•�.S 4���:.�
<br /> � principal of and interest on the debt evidenced by the riote and any przPaYme : .
<br /> �` ` � � 2.F u a d s f o s T a x e s a nd Insurance• Subject to applicable law or to a wriuen waiver by Lender. Barrower shall pay to ,��.,.
<br /> i,ender on the day monthIy payments are due under the Note,until the Note is paid ia f u l l,a sum f°F u n�s") leaseho d�a Ym�e� ' ^�;�� '-
<br /> ' �� and assessmenu which may attain priority over this Security Instmn►ent as a lien on the Property:(b)Year1Y p y :•;: �. ."4�--
<br /> . . . • or ground rents on che Property.if any:(c)Yearly ha78rd or PropertY insarance premiums;(d)Year1Y flood insurance premiwns. �`� ,. ; '=,:�:�s a- .
<br /> °.�_:.;
<br /> � .,. if any:(e)yearly mortgage insur�nce premiums, if any:and(�at►Y sums Payable by Borrower to Lender,in accordance with : .. _
<br /> n
<br /> the pmvisions of paragraph 8,in lieu of the payment of mortgage insarance premi�ms•These�tems are�11�"E�Ow Items." ' .µ�� ..�
<br /> . :�::' L e n der may. a t an y ri m e. c aUect and hold F�wds in an amount not ta exceed the maximum amount a lender for a federa[ly ,_ ---
<br /> ,� . . �� related mortgage loan may require for Borrower's escrow account under the federal Real Fstate Settlement��°�e F nds 'Y�t'��^
<br /> . � {974 as aanended from tim�to time. 12 U_S.C. Section 2601 et seq. ("RESPA").unless another law that app� •` �' �';;--'
<br /> ... �. .:�,- ,, ,,R.�•, � ��_:
<br /> - sets a lesser amount. If so.Lender may. at any time• co�lect as�d hotd Funds in an amourR not to exceed the lesser amoun�
<br /> �-;�. L.ender may estimate the amotmt of Funds due on tbe basis of curtent data and reasonable estimates of expenditures of future . .�---
<br /> �'�_
<br /> ' • 8scrow Items or othenvise in accatdance with appticable luw.' � .'.,�. �.�°_,� .
<br />� � .`r � The Funds shaU be held iq an instituuon whose deposits are insured by a federal agency. insdumentality. or enrity ...t ....s,,,,_,
<br /> :�: I the Fands to a the ` �`�� ,`�`
<br /> . , �,.�:-: _ ._�.��_
<br /> _ _ (including Lender.if Lender is suc6 an institurion)or in any Fe�eral Home Loan Bank.Lender sha11 app y P Y
<br /> � � '•` > Escrow Items. Lender may not charge Borcower for holding and applying the Funds,annually anatyting the escrow account,vr �."'�:�;�;�
<br /> . :. �-•��;
<br />_., ' • ." ��{y�g�e Escrow Items.unless Lendec pays Borrower interest on the Funds and applicable law permiu 1-ender to make such .'r :_�.T_
<br />�'r�� � a c h a r g e. H o w ev e r.Lender ma y r e quire Borrower to pay a one-time charge for an independent real estate tax reporting service �__
<br /> Ys.._„_
<br /> .. � . - used by Lender in connecdan with this loan, unless applicable law provides o t herwise. U n less an a gr e e m e n t i s m a d e o r , ,.T�-._
<br /> �� ,. .����.
<br /> I��` �:. ; applicable law requires interest to be paid.Lender shall not be required to pay Borrower aay interest or eamir►�s on the Funds. ��,
<br />• • . . Borrower an d L en der may a g r e e in writi n g.however. that inurest shall be paid on the Funds.Lender shall give to Borrower. ,:_�;.,�t,
<br /> � � ,. r
<br /> ' . . without charge.an anr►ual accounting of the Funds, showing crediu and debits to the Funds and the purpose for which each .;�.:,.
<br />- debit to the Funds was made.The Funds are pledged as addiUOnal security for all sams secured by this Security In�sument. ', ,;.�.,•:::,�__
<br /> . � �.;
<br /> •- -- ---� If the Funds held by Lender exceed the amounu permitted to be held by applicable law.Lender shall account to Boaower , �.r��. �.:• -- _
<br /> n.�_
<br /> ' for the excess Funds in accordance w►th the requiremenu of applirable law. If the amount of the Furuds held by I.endec at any ; ^J
<br /> � � ume is not sufficient to pay the Escrow Items when due.Lender may so notify Borrower in writing.and.in such c�se Borrower :x;�:�^-
<br /> . ��• shall pay to Lender the amount necessary to make up the deficiency. Borrowsr shall make up the deficiency in no more than •.;•,r�.�=
<br /> � '`�� twelve monthly paymeais,at Lender's sole discreuon. _�n=
<br /> � • '. Upon payment in fuli of all sums secured by this Security Instrument. Leadec sha11 promptly refund ta Borrower any , __
<br />� , Funds held by Lender.If,under paragraph 21. Lcnder shafl acquire or selt the Psoperty,I.ender.prior W the acquisiqon or sale - •:`�j�
<br /> • • � of the Prage:�y,shall apply any Funds held by Lender at the time of acquisition or sale as a cradit against the sums secured by ='��::
<br /> . this Security Instrument. . • :�.�;
<br /> ' � • , � 3.Application of�ments.Unless applicable law provides otherwise,a!1 payments received by Lender under paragraphs .�. _a,�;
<br /> . � 1 and 2 shall be applied• first.to any prepayment chasges due under the Note:second,to amounu payabte under paragraph 2: •.�;�: -
<br /> � ' third.to interest due:fourth,to principal due:and last,to any late charges due under the Note. �� . _
<br /> ' . � 4.Charges; Uens.Barrower shall pay all taxes.assessments,charges.fines and impositions attributable to the Property •
<br /> '- • ...:� . . which may attain priority over this Security Instrument. and leasehold payments or ground rants. if any• Borrower shall pay 1
<br />_ � . - these obligations in the manner provided in paragraph 2.ar if not paid in that manner.Borrower shall pay them on time directly
<br />''�`, �� to the person owed payment. Borrawer shall promptly fumish ta Lender all not'sces af amounts to be paid under this para�raph.
<br /> � � � • . ]f Borrower makes these payments directly,Bonower shall promptly furnish to Lender receipts evidencing the payments. ,
<br /> . Bortower shall promptly discharge any lien which has priority over this Security Instrument unless Bonower:(a)agrees in
<br /> '. writing to the payment of the obligation secured by thc lien in a manner acceptable to Lender:(b)contests in good faith the lien, ,
<br /> � ` by. or defends against enforcement of she 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 agreemerY satisfactory to Lender subordinating the lien to
<br /> , � this Security lnstrumcat. If Lendcr determines that�any part.of the Property is subject to a lien which may attain priority over . . ,
<br /> = ; ' ' this Seeurity lnstrument. Lender may give Bc�rrower a notice identifying the lien.Bonower shall satisfy the lien or take one or
<br /> more nf the actions set fonh above within 10 days of the giving of notice. � • . .
<br /> Form 3028 9/90 '
<br /> - .. �
<br /> PaAa 2 0�6 . .
<br /> ... .. ,. ._—. , .
<br /> ..._--_'. . ,' ''
<br /> . . . ... ._.. _ . . . . . . � .. _ . ., - . .
<br />_ .: . .�.,. ...-.--.:- , ---_.-. . . - . .- . .
<br />. .,r- � : , � . � � - - � � . • -
<br /> ._ ... . .. .. ,_. .._..._., _.. ...._. _....'-' '--'-
<br /> . ..--"-.-. _.._ . ._ _... _.. _ . _.. ._.. . - . �. . -�- - � . . .
<br /> „, . . . .. - _ . . . .
<br /> ., , , • ' '��^t^'^ • -..T.-
<br /> . ' . . �i� -•-di'•y�-�a**a:t'�"`. \I'j:'r4';l 1 Y �' .(":ti'
<br /> .
<br /> . . . � . . ... . .
<br /> . •.
<br /> - � � .. _... . . � .. .. .. .. • . � . • _ . � ....• . .. . .. ,�-...�. .-��. . .. . . .... . .. .. v_ . ._ . .._t..1• � �. . � . . .. . . .. . . ... ._ _
<br />
|