|
..�, . , _
<br /> Y-.Q.. :. . t . �. . r .
<br /> E�� ..F-�"' __.7 - ,. :� ..:. .. :,,��,�::�.:_.. ` -- - '� � _
<br /> , ..
<br /> - -- -.- ,. ,� �_ .:.a- _::� `:--� �.� v..4
<br /> --.--- -- --�- --- -
<br /> — ..--.,--=�� . :_ -- - - - - . _
<br /> ,- . . ..c � � . � �t;._ _ ..r . . . � i� t 5--_:� •.
<br /> •.� 'y� � :.._ - . _ ` ` � t _j t, . } — . �i. _ C 'j_`�. -1.<%� .4<_.L:
<br /> .. t�' - � .. .: '.t' _ 'C"' _.t'' ... . . _ <..,�. � ` . . . . . . ...._ _ :�-, <=t-�„- . . - `_
<br /> <��� - :'/ v h } o. x` , .� � '.(` ,_ ; ' �± f - E -Y'..-
<br /> - 1 f.- .. . - . c�-'-�y ' _ . _ . � ` � L .. � � ���. Y S
<br /> � • ' '.r �f , , c , . . . "a, J' t�: �4 F ys,
<br /> � ..- ' . . . ' y. � ' _ . . . . . . ` ' .f` " � , �. S 't ( � 4. _•
<br /> , - � ,`f , �- , � � . .. . ., p C
<br /> . _ - . _ ' ' . . `1� . . �f ` . - � . . . �4 r `i� - .
<br />. ` , ' .�' � � ' ^ ��� •°1't -i .. . . ' r . . a. . S. . , ` . . , , . .
<br /> . . . C- ' , . . ._ _ . �, _.. , e. - � � . , j � . ' . . - '1Y.•..
<br /> � ` . . ._ - � c _ . .`t . . . - t C . �. ` '• .4 : .� 4,
<br /> - . _ �S y • (,` . . — _ � . T � t ..�..� ,� }\ ,
<br /> c .' -``slt 4. _
<br /> . ��� ` ��J�: 9�-������ `:�� � . � .
<br />� .� < .. '. .� TOGE7'HER WTfH all Ehe isnpmvements now or kereafter erected on the praperty.and all easements.appurtenanccs.and
<br /> . ' fuctures now or hereafter a part of the pmperty. All replacemenu and additions shall also be covered by this Security •
<br /> ,(`` Instrument.AII of the furegoing is refemed to in this Securiry Instmment as the"Property." �`� � . �
<br />' �`� . � �.�':� BORROWER COVENANTS that Bornower is lawfulty seised of the estate hereby conveyed and has the right ro grant end ��
<br /> . �
<br />° "'��'�� � convey the Property and that the Property is unencumbered, except for encumbrances of record. Bormwer�warrant�and will , •r`
<br /> ��°''"�'` defend the title to the Pro ert nst all ciaims and detnands.sub' w an encum8rances of record. r�-� �
<br /> ��•i�-'w�: S��Y F Y� J� Y -
<br /> � ' �' `�`�:�' ' THIS SECURITY INSTRUMENT combines unifomt covenants for national use and non-uniform covenants with Iimited • ` 4 :..,. � . "
<br />- , ' variations 6y jurisdictioQ to constitute a uniform securitx instrument rnvering real property. � �:� `
<br /> �'_r:� . • UMFORM COVENANTS.Borrower and Lender covenant and agree as follows: `�t•��' `'t_.�, �
<br /> � ' l. Fayment of Priudpal and Interest; Prepaym�i sad Late C6a�ges. Borrower shalf promptly pay when due the �. •
<br /> ` ` '- `� ` principal of and interest on the debt evidenced by the Note astd any preQaytnent and late charges due-Emder the Note. --
<br />, •� 2.Funds for Taxes aad Lisurance. Subject to applicable!aw or to a written waiver by Lender. Bonower shall pay to _� -
<br /> ��r� Ixnder on the day monthly payments are due under the I�tote.until the Note is paid in fuli.a sum(`F�xnds")for.(a)yeazly taxes � ��',`.--
<br /> and assessments which may attain priority over this Security Insm�ment as a lien on the Ptoperty;(b)yeasly leasehotd paymertts ��*�'�
<br /> ">, . .,.�
<br /> r'.;;,' � . �r: . . . . �:-..
<br /> or ground rents on the Properry.if any:(c)YzarlY ha7ard or praperty insurance preminms:(d)Yearly flood insurance premiums. < ",.,� -'�`;:�.._.-
<br /> ��, ' `. � ���''; if any:(e)yeasly mortgage insurance premiwns, if any;and(t}any sums payable by Borrower to Lender.in accordance with • _ -
<br /> S'.
<br />- f _ - the pmvisions of paragraph 8, in lieu of the payment of mortgage insurance pr+emiums.These items are cailed"Fscrow Items." .'` p
<br />:y,.. . ,.:
<br />-- • � _ - Lender may,at any amz, coUect and hold Funds in an amount not to execed the maximum amount a tender far a 4'ederally : -
<br /> " � - , � related mortgage loan may require for Borrower's escrow account under the fe8eral Real Estate Setdement Procedures Act of x��` �'-�.
<br /> ��.. :.. .
<br /> ` 19T4 as amended from time to time. 12 U.S.G Section 2601 et seq.("RFSPA"),unless another law that applies to tfie Funds � '
<br /> - ... _ '''Y'�' sets a lesser amount. If so. Lender may. at any rime,collect and hnld Funds in an amount aot to eacceed the lesser ambunt. � t;`�-"'`;-�-�,
<br /> �� Leader uiay estimate the amount of Funds due on the basis of curreat data and reasonabte estimates of espenditures of future '�• n ,z
<br /> ; <.;��f, . �crow Items or otherwise in accordanc�with appiicable law. ,�_#�="
<br />:'�•• ,��, =�-!:• The Funds shall be held in an institution whose deposiu are insured by a federal agency. instr�mentality. or entity T ' „"=_
<br /> - .. . �. (inctuding l.eader,if Lender is such an institutian)or in any Federal Home Loan Bank.I.ender shall apply the.Funds to pay the . .. .���ia�:�'�'
<br /> - - - � - Fscrow Items.i.ender may not charge Borrower for holding and applying the Funds,annaally analyzing the escrow account,or -`�;.�'`
<br /> . � verifying the Escrow Items.unless Lender pays Bonower interest on the Fnnds aud applicable!aw peru�its Lender to make such � _ _ _ '
<br />.�" • • , a chazge. However.Lender may require Borrower to pay a one-time charge for an independent real estate tax reporting service � �__
<br /> � ' :;'�: ` . •��.. used by Leqder in connecaon with this loan. unless applicable law provides otherwise. Unless an agreement is made or . �:�;':±.�---.
<br /> � ��'���`�� �-- applicable law requires interest to be paid. I.ender shall not be required to pay Borrower any intetest ar eamings on the Fuqds.
<br /> ���i' .• , . Horrower and Lender may agree in wriring,however.that interest shall be paid on the Funds. Lender shall give to Bonower, •_ , �
<br /> , ,.��,�:�.
<br /> � without charge. an annual secaunting of the Funds, shoaring credits and debiu to the Funds and the purpose for which each _..
<br /> f��� • ' debit to the Funds was made.The Funds are pledaed as additional security for all sums secured by tl�is Security lnstrument. ' '
<br /> ,... . .
<br /> � ' � �' � ��� If the Funds held hy Lender excee�the amounts permitted to be held by applicable law.L.ender shall account to Borrower " � � `�—
<br /> '.'��.'. .'�'�V � for the excess Funds in accordance with the requiremenu of applicable law. if the amount of the Funds held 6y Lender at any � ���`�---
<br /> .,,,... .,
<br /> , � � • - time is not sufficient to pay the Escrow Items when dae,l.ender may so notify Borrower in writing.and.in such case Borrower � �,�'��`:
<br /> � . ° , shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more than ° � �=
<br /> . .� • . . twelve monthly payments.at Lender's sole discretion. . � �"�.*
<br /> . � Upan payment in full of all sums secured hy this Securiry Instrument. Lender shall promptly refund to Borrower any � -
<br />:�� .. • •. � Funds hetd by Lender.If.under paragraph 21.Lender shall acquire or sell the Property,i.ender,prior to the acquisition or sale �-
<br /> of the Property.shall apply any Funds hetd by I.ender at the time of acquisition ar sate as a credit against the sums secured by ' ' � �
<br /> �•� . . '� . . �� this Security Instrumenl. ' �
<br /> :� � �- - � •� 3.A ficatton oY Pa enis.Unless licable law rovides othenvise,all a ments rereived b Lender under ara ra hs ���`' � .�
<br /> •` PA Ym aPP P P Y Y P g P � ,,: �
<br /> ;Y,,, .� ,� 1 and 2 shall be applied: first. to any prepayment charses due under the Note:second.to amounts payable under paragraph 2: ���'��'
<br /> �� • . third,to interest due;founh,to principal due:and last,to any late charges due undcr the Note. " " ,- _=-----
<br /> ' �. ;; 4.Charges;Lteas. Borcower shall pay all taxes.assessments. charges. fines and impositions attributable to the Property � . ._. ; '
<br /> ' ;� � which may attain priority over this Security Inswment. and leasehold payments or ground rents, if any. Borrower shall pay � : �
<br /> � ' ...�';� these abligations in the manner provided in paragraph 2.or if not paid in that manner,Borrower shaQ pay them on time directiy �.. .
<br /> � • � to the person owed payment.Borrower shall prompdy furnish to Lender alt notices of amounts to be paid under this paragraph. ' ' ` 'f-``��'
<br />• . `�•.�• If Bonower makes these paymen�s direct(y.Borrower shall promptly fumish ta Lender receipts evidencing the paymenis. ..�� �
<br /> . . � ��� : j Borrower shall prompily discharge any licn which ha5 prioriry over this Serurity Instrument unless Borrower: (a)agrees in ., :
<br />. . . .� writing to the payment of the obligatlon secured by the lien in a manner acceptable to Lender;(b)contests in good faith the lien .
<br /> • . . . by, or defends against enforcement of the lien in, Iegal 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 agrccment satisfactory to I,ender subordinatin�the lien to ' •�
<br /> � this Security lnstrumeni. If Lender determines that any part of the Properly is subject to a lien which may attain priority over ' � .�
<br /> ' � :� •.� this Security Instrument. Lertder may give Banawer a notice identifying the lien. Borrower shall satisfy the lien or take one or � " `
<br /> more of the actions set forth above within 10 days of the giving of nutice.
<br /> � Form 3428 8190
<br /> � ', . � Pego 2 of 0 • ' . .
<br /> . � r �./ � • � �
<br /> � � . . .._ ...... ..._...._.. . . ......- . �....... .- . ... _ _� '_'�_.«...._._. .�..�.—�—. , . . • . . �.' . .� - . . . , . �
<br /> . .! . � . . . � , . . � � • , .. .
<br />�. (�. , � .. . . . . . _ • . • . .. ' • . ' . '
<br /> � ..i . . . •. � ' • . ' ' . � . . � . • .
<br />..-. , •• . - ' . . - � � .. � . _ . .�,�'-i".—.^�`,.r7 *ca�?_^���:._=; .
<br /> . •t,-. ._ . _ __, , _.. .� _ .. _ . .. .. ,'''. " . .._ . . . '{'b'"' . . . _ . ., . �ti
<br />
|