|
i
<br /> .� ' ,. .. . ._ .
<br /> �� ., ' .. t a.��,�".;,�,.w.+
<br /> .w1J1 !1l�w � �+�^�:'•;;.
<br /> _ � n . � ' . _ .. .. .
<br /> _. : �
<br /> . �'��... . . f - —_,
<br /> .. .... ,,,...t+...=*r�;YS!Hv`n,'• . _ .� � _ ,r._;r.
<br /> . ._
<br /> ' . YAj'
<br /> � - � '�n - : --r �
<br /> � . . . .... .. . - ' „ ... � . .__. .. �.zc....�...-:s --r
<br /> . . • .. . . ,
<br /> � -M�.i J: ... .. .. .. ..... . .... - .... . . ._.... . . . �
<br /> 1 , �.,..� v. ..T,� �
<br /> .. .l .:. •;�'7Y� ;.r
<br /> . �� _ ,
<br /> -- �� ,fi:
<br /> . .... :-
<br /> •.�.......... ... . ..,.... h.:
<br /> ��� ��D�:���
<br /> TOdE'I'HER WI"I'H uU A►c impruvcmcnts now on c�rcuftcr erectccf on thc pn�perty, and all cuscmcnts,uppurtcmmccs, nnd
<br /> lixtures now an c�rcuficr n purt nf' d�c pruperty. All replscements ��nd ndditiuns shull idw bc covcrcd by this Sccurity
<br /> Instrumrnt. All of thc fnrcguing i+rcicrrcd tu in this Sccuriry(nstrumcnt u�:ihc "Pruperty," `
<br /> ' pORRO\VCFt C�4FNAN'1'S thut kiurrowcr is luwfully seiscd oF thc cuntc hcrcby a�nvcycd und hus thc right ti�grunt and : .,�
<br /> , :. �rnivcy thc Prnperty :+�xl thnt �hc 1'rciperty iti uncncumbcred, exccpt f��r encumhrnnccs uf record. B�irrawcr wurrants nnd will
<br /> , dcicnd bcncri►Ily►hc titic tn thc Pmperty iigninst ull cluimt und dcntunds.tiuhjcct to uny cncumbrunccs uf rccc�rd.
<br /> �'� THIS SF.CUKITY INSTRUMGNT cumbines uniform co�enunts for nntic�nal utic i�nd nun-uniti�rm cuvcnunts with limitccl
<br /> , �� vuriutions by jurisdiction to cnnstitutc i�unifc►rm sccuriry instrununt covcring reul pruperty.
<br /> UT�(1FORM COVENANTS. 9orrowcr und Lendcr covenunt unJ u�rce a,ti�llaws:
<br /> •"'""'"'� 1. Pnyment of PrincipAl and Intcrest; PrcpAyment nnd I.ate Chn►'�ey Borrowcr shtdl promptly puy whcn duc thc ��
<br /> � principul of und interestnn tlie debt evidenccd by the Note und uny prepayment und lutc chargc�duc under thc Note. :;,
<br /> � 2. Funds for Tnzes and Insurance.Subject to applicablc luw or to u wriuen wuiver by L.cndcr, eorruwer shcQl pny co , ,r^:
<br /> Lender on the duy moNhly payments ure due undcr the Note,until the Notc is puid in full,a sum("Funds")for:(a)yearly taxes _
<br /> and asscssments which may attuin priority over this Security Instrununt as a Uen on the Property; (b)yeurly Ieasehold payments �_=,_._
<br /> " �. or ground rents on the Property, if any: (c)yearly hazard or property inruruncc premiums:(d) yearly flood insurunce premiums, ��_
<br /> �' if any: (e)yearly mongnge insurance premiums, if any; and(t� any sums payuble by Harrower to Lender, in uccordance with �-
<br /> - �.� t h e p r ovisions of para gra ph 8, in lieu of the paymcnt of mortguge insurancc premiums.These items ure called "Escrow Items." —
<br /> l •
<br /> � Lender may, at uny time. coUect and hold Funds in nn umount no t to e x c e e d t h e m a x i m u m n m o u n t u I e n d e r f o r a federall y `
<br /> • related mortgage laan may require for Borrawer's escrow account under the federal Real Estate Settletnent Procedures Act of _ _
<br /> , 1974 as amended from tirne to timc, 12 U.S.C. Section 2601 et seq. ("RESPA"), unlcss anothcr law that applies to thc Funds �—
<br /> sets a lesser nmount. If 50, Lender may,at any time, cullect und hold Funds in an amount not to exceed the lesser amount.
<br /> ' Lender may estimate thc amount of Funds due an the basis of current data and reasonable estimutcs of expenditures of futurc
<br /> Eserow Items or othenvise in accordance�vith applicuble luw.
<br /> ,:`•,•., � The Funds shall be held in an institution whose deposits arc insured by a feciernl agency, instrumentality. or entity �
<br /> (including L.ender,if I.ender is such an institution)or in any Federal Home Loan Bank. C.ender shull upply the Funds to pay the _�
<br /> • ' '• Escrow Items. Lender may not charge Borrower for holding and applyin�the Funds,annually analyzing the escrow account, or
<br /> � .. ' verifying the Escrow Items,unless L.cnder pays Borrower interest on the Funds and applicnble law permits l.ender to make such
<br /> �`� a charge. However. Lender may require Horrowcr to pay a one-time charge for an inJcpendent real estatc tax reporting service
<br /> ��♦,,:t ,♦,.:, u�� by k;,d;;r ;n ,ccn�tian �!'sih �hic I�an. unless applicable law provides othcrwisc. Unless an agreement is made or
<br /> � � applicable law requires intetest to be paid,Lendcr shall not bc required to pay Borrow•er any �nterest or earnings uu ii,c Fazds.
<br /> �•�''� � Bonower and Lender may ngree in writing. however, that interest shall bc paid on the Funds. Lender shall give to Barrower,
<br />`�r'�: �,'�` without charge, an annual accounting of the Funds, showin� credits nnd debits to th� Funds and the purpose for which each
<br /> "'�'ri���;•, debit to the Punds was made. The Funds are pledged us additional security for all sums secured by this Security Instrument.
<br />'���'j�"��'':�� If the Funds held by Lender exceed the amounts permitted ta be held by Applicable law. Lender shaU accaunt to Borcower
<br />_-=�'�':.'.;,
<br /> ,;,;,r;�; for the excess Funds in accordance with the requirements of applicablc la�v. If the amount of the Funds held by I..en er at any
<br /> _::�;S:'A:�i time is not sufficient to pay the Escrow Items when due. I.ender may so notify Borrawer in writing,and, in such case Borrower
<br /> "'-i�=j`r� shall pay to Lender the amount necessury to make up the deficiency. Borrower shall m�lce up the defieiency in no more than
<br /> ,•:-�;:.,.
<br />--.=�_T•=-I� cwelve monthly payments,at L.ender's solc discretion.
<br /> —:;;' R• Upon payment in full of ull sums secured by this Security Instrument, Lender shall promptly refund to Borrower uny
<br /> -____,:,� Funds held by Lender.If,under paragraph 21, Lender shall acquire or sell[hc Property, Lender, prior to the acquisition or sale
<br /> __:.:y� of the Propercy, shall apply any Funds held by l.endcr at thc time of acquisition or snle us a credit against the sums sccureci by —
<br /> "--��"y-� this Security Instrurnent.
<br /> °-,;� 3.Appltcatton oP Pnyments. Unless applicable law provides otherwise, all payments received by Lender under paragraphs
<br /> ��`�� 1 and 2 shall be applied: first, to any prepayment charges due undcr the Note;second, to umounts payable under paragraph 2;
<br /> �,z�;;�� third,to interest due;fourth, to principnl due:und last,to any late charges due under the Note.
<br /> _�--=�' 4.Chn.�cs; Uens.Borrower shall pay ull taxes, assessments, chargcs. fines and impositions attributable ro the Property �
<br /> _--_-- which may attain priority over this Security lnstrument, and IeusehulJ payments or ground rents, if uny. Borruwer shall pay _ _
<br /> _•.�,,_�Q;.,�r these obligations in the manner provided in paragraph 2.or if not paid in that manner, Bottower shall pay them on time directly
<br />--__;=„_,„�; to the person owad payment. Borrower shall promptly furnish tu L.ender all notices of amounts to be paid under this paragraph.
<br /> ..�.;;rrseu�:` If Borrower makes these payments directly, Borrower shall promptly furnish to Lender receipts evidencinb the payments.
<br /> -°--'��r Horrowcr shall promptly dischar�e any lien which has priority over this Securiry Instrument unless Borrower: (a)ugrees in —
<br /> ' J`'g writing to thc payment of the obligation sccurcd by the lien in a manncr acceptable to L.ender;(b)contests in good faith the lien
<br /> __;,.���r�� by, or defcnds against cnforccment of the lien in, Icgal proceedings which in the I.ender's opinion operate to prevent the
<br /> ;".,,��.':�;,t' . enforcement of the lien; or(c)sccures from the holdcr of the licn an n�rccment sutisfactory to Lcnder subordinating thc lien to
<br /> ;�� ,a.:,�•,� this Securiry instrument.If L.ender detcnnines that any part of thc Propcny is subjcct to a lien which may attain priority ovcr
<br />�-"s��s` `�'x, this Securiry instrument,Lender may give Borrower a noticc identifying the lien. Borrower shall satisfy the lien or take one or
<br /> / / y.1
<br /> --��'-°`'�`""'' more of the actions set forth above within 10 days of the giving of notice.
<br /> -,``;f. .z� Form 3028 9I90 =
<br /> _ _ ��;'r aoeo 2 0�6 ="
<br /> .�" �"''
<br /> „� '�`��' .:
<br /> ___.. � • �._
<br /> ,
<br /> . .,.-.,..r�- ..___�
<br /> ' ,•t• ' �'k� __—_— _ _ _ �i .r�c�s�'a��li �.. ..
<br /> .. .i�SiP.•*i' ___ . . o... . .. . . .. •
<br /> r,
<br /> _ ._, , 1 t , . . . , .. .�"
<br /> .. . • } . „ . ,. . ' " .� „
<br /> : , • . , • i. ,
<br /> .. , � . , , • � .
<br /> . .. � ' �
<br />— , . ..� . ,:` '.., , :. ' , .
<br /> .;w. � „ , . ::�'�'�":�;�.�..,�,K,re .
<br /> !�•k:.
<br /> � _ „ • ' ., � • - � - - „ j
<br /> =' . .. ... . - . �
<br /> . ' � . . . . .. ' �..__._._. --- —� ----'-'
<br />
|