|
. +.:,
<br /> . �� . .
<br /> ','�' •.
<br /> . �,�,u.... �� � , ^ ;,e...'�:�r'
<br /> , . :.��W��"" ' , ' .. �,,'.`_
<br /> ' � ' �' , -- . ..;;c -,_
<br /> J. ., � � •..i. ' . - .. . . _.� . ...T =
<br /> . �....��'•t��lF.�q.�� � �. . .. � . . .. . .. , , �
<br /> ��tu-,.��a...;_{/ ,t . ' _ . . , . . . . . . .. . ..... .. _._
<br /> _ ....... . .. ... . ..... ._ .._. ... _.._ .__._ .. ���_ d�r:s.::�y�?!hi'f-
<br /> 9?� �.(�1'��� _
<br /> , 'TUCiF_"I'NF;l2 141TH ull thc impro�cnicnts now un c�tcaftcr ercctcd on thc prnperty,wid ull ra�.c�mcnt�, uppunenanccs,und
<br /> fixturc+ nuw un c�rcuftcr a pnn of Uic praperty. All rcplaccmcnts and uddiuons yhall alau hc covcrcJ �y this �ccurity �
<br /> _ In.rtnintcnt. All��f thc t'urc�;uing i+refcrrcd to in thiti Securiry Instrument as thc"Pruperty."
<br /> I30RltOWF.R COVENANTS thnt Bcirmwcr is lu�vl'ully ticiscd of thc cstauc I�creby rimvcycd nnd hati thc right to grant und
<br /> r��nvey �he Pri�perty imd Ihat the Property is unencwnbered, except fi�r encumhranc:es i�l' rerurd. Borruwer wan•unts and will -
<br /> dcfcnd gcncriilly thc titic to thc Property c�guinst+�U cluims und dcmands,subject to any cncumbranccs of rccord.
<br /> -'' '1'HIS SECURITY INSTRUMF.NT cnmbines unifurm covenunts fur nationaf use and non-unilium covenunts with limited
<br /> -• variutiun+t�y,juritidiction to contititutc u uniform.rrcurity instrument rovcring rcul properry.
<br /> ""`"•`� UNIFORM COV�NANTS. Borrawcr�+nd Lcndcr covenant and ugrcc ati folluws:
<br /> x„.-„•,.+� -
<br /> 1. Pi�yme��t ot Principul und I�terest; Prepuyme��t und l.ntc Chur�es. sorrower shall prompdy pay when duc the _
<br /> principal of and intcrest on thc dcbt evidenccd by the Note and uny prepayment and latc churges due undcr thc Nota -
<br /> ., ; 2. Funds for Tuxes and Insttrance.Subject to upplicahle law or tn a wcittcn waiver by Le�nder. Borrower shall puy to
<br /> [.cndcr on thc day monthly payments ure duc under thc Note,until the Natc is paid in full,u sum C'Funds")for. (u)ycurly tuxes
<br /> nnd usxcssmcntti which may uttain priority over this Security instrumcnt as a licn cm the Pr�perty;(b)ycarly lc:ischold payments
<br /> nr ground rents on d�e Property, if any; (c)yearly ha•r.ard or property insurunce premiums; (d)yearly flood insurance premiums,
<br /> - if any; (e) yearly mortgage insurance premiums, if uny; and(� any sums payable by Borrower to Lender, in accordance with
<br /> �.� thc provisions af para�raph 8, in licu of thc payment of martgage insurance premiums.Thesc items urc called"Escrow Items."
<br /> L.cndcr may, at an}•timc, callect and hold Funds in un amount not t�excced the maximum Amount a tcnder for a federally
<br /> � _ related mortguge loan muy reyuire for Borrower's escrow account under the fecleral Real Estate Settlement Procedures Act of
<br />'a 1974 as amended from time tc�time, 12 U.S.C. Section 2601 er seg. ("RESPA"),unless another law that npplies to the Funds
<br /> - . sets a lesser antount. If so, Lender m�y, at any time, collect and hold Funds in an amount not to exceed the lesser amount.
<br />_-� .,. I.ender may cstimatc thc amount of Funds due on the basis of cu�rent data and reasonable estimates of expenditures of fuwre
<br /> � � Escrow Items or otherwise in accordance with applicable la�v.
<br /> � � ' The Funds shall 6e held in an institution whose deposits are insurcd by a federal agency, instrumentality, or entity
<br />�+r•.� . . " (including L.ender,if i.cnder is such an institution)or in any Federal Home Loan Bank.Lendcr shall upply the Funds to pay the
<br />=_:t. _. Escrow Ueros. Lender may not charge Borrower for holding and upplying the Funds, annually unalyzing the escrow account,or
<br /> =""' ;' `�' verifying the Escrow Items, unlcss L.cndcr pays Borruwer intcrest on the Funds and applicable law permits Lender to make such
<br />'i�. .� •;:..., ,
<br /> •� a charge. However,Lcnder may rc:quire Borrower to pay a anc-timc churge for an independent mal cstate tax reporting service
<br />=�... �� -.-..� c v `+n ar 'n rnn,r� n ' . . •
<br /> lt..ad b, I._. �_. :. _ n__tl..n !v1r� rhic Inan, �inl�cc a�rlicahle law nrav�des othenv�se. Unless an a�re;ement �s made or
<br />� � - .t.. applicablc law requires intr.rest to be puid,Lender shall not be required to pay Borcower eny interest or camings on the Funds.
<br /> -;,"• .
<br /> :�� • Borrower and Lender may agre�c in writing, howevcr, that interest shall be paid on the Funds. Lender sAall give to Borrower,
<br />- = � without charge, an annual ucwuntinv of the Funds, showing crodits and debits to the Funds and the purpose for which each
<br /> �"=w>;h',::�'��•.- debit to the Funds was made.The Funds are pledged us additional securiry for all sums secured by this Security Instcument.
<br /> T�'`�''}• If the Funds held by Lender exceecl thc amounts permitted to be held by applicablc law.L.ender shall nccount ro Borro�ver
<br /> --�Y�_.� � i .
<br /> —�'4=�'".• for the excess Funds in accordance with the requirements of applicuble Inw. If the amount of the Furds held by Lender at any
<br /> :::_;�
<br /> _______�;'� time is not sufficient to pay the Escrow Items when due,Lender may so notify Borco�ver in writing, and,in such case Borrower
<br /> �.:-.:--;„u� shall pay to Lender the amount necessary to make up the deFiciency. Borcower shall muke up the deficiency in no more than
<br /> '":��..�;1,';� ewelve monthly payments,at Lender's salediscretion.
<br /> --=�r.-•' ":� Upon payment in full of all sums secured by this Securiry Instrument, l.cnder shull promptly rcfund to Borrower ang
<br /> �Z_; .1.
<br /> - Funds held by Lender.If, under paragraph 21,Lender shall acquire or seU the Property,L.endcr,prior to the acquisition or sale
<br /> -_�..,.�:—n�,
<br /> ��..,. of the Property, shall apply any Funds held by Lender ut the time of acquisition ar sale as a credit against the sums secured by
<br /> --- ___-..—_. this Securiry Instrument.
<br /> __.. -- - 3.Appltcatian ot Payments.Unless applicable law provides othenvise,all payments receivaf by Lender under paragraphs
<br /> - 1 and 2 shaU be applied: first, to any prepayment charges duc undcr the Notc: second,to amounts payable under paragraph 2;
<br /> ---°�•=�----� third,to intcrest due: fourth,to principal due;and last, to any late charges due under the Note. _
<br /> �=° -- - 4.ChArges; Liens. Borrower shall pay all taxes, a�sessments, charges,fines and impositians attributable to the Property
<br /> --- which may attain prioriry over this Security Instrument, and Ieasehold payments or ground rents, if any. Bonower shall pay
<br /> _.--=-= these obligations in the manncr provided in paragr�ph 2,or if not paid in that manner,Bono�ver shall pay thcm on time directly
<br /> __ - to the person owed payment. Borrowcr shall promptly furnish to Lender all notices of amounts to be paid under this paragraph.
<br /> __,=:y:,�r:`�.�- If Bonosver makes these payments directly.Borrower shaU promptly furnish ro Lender receipts evidencing the payments.
<br /> �"'�'T��`� Borro�ver shall prornptly dischnrge any lien which has priority over this Security Instrument unless Borrower: (a)agrees in
<br /> ��'��� writin to the a ment of the obll ation secured b the lien in a manner accc table to Lender; (b)cantests in ood faith tl�e lien
<br /> -•�;,:�-`-�� g P Y s Y P 8
<br /> --r;;E;,�.,..,, by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
<br /> - �-'�� enforcement of the lien:or(e)secures from the holder of the lien an ugreement satisfactory to Lender suUordinuting the lien to
<br /> ^ '��':;"': this Security Instrument. If Lende�determines that any part of the Property is subject to a lien�vhich may attain priority over
<br /> ':==�,;."�',� this Security instrument. Lender may give Borrowcr a notice identifying the lien.Borrower shall satisfy the lien or take one or
<br /> �' f � more of the actions set forth above within 10 days nf the giving of notirc.
<br /> , . �� • Form 3028 9/90
<br />— _ . P89u 2 0l 6
<br /> _-"��__
<br /> __
<br /> , ..._....._____'_.� —_—__—
<br /> . . f.� _``=�`T�i3=���.:�s•—�-�r"T.r.w"4•'.•"— _ �:^�s'� ---_ . .. _.._. .
<br /> ��,'e�..-K`ti�pN6+r.J+�r .. . . . w�ei-Y—.+..�:ac ,_ -., ._�.
<br /> � - . � . _ . , ,, c
<br /> — .. . r;j. , , " . . � .
<br /> , " �,. s �„�..:t . �
<br /> . . ..�? .::
<br /> ,� .
<br /> • . , . �',; •:,.: _ ..
<br /> � , ..
<br /> . � ..
<br /> _._ � _ _ - -
<br /> _ _ _
<br />
|