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HomeMy WebLinkAbout2036 ' - hi .~if4~31! : is ~c:,:.:,~t - ?sKWY`.aNf Wc:. +<HticG~ilit tyt::ldt'!#t 8?; ! . 3' y~ fr if3. ! ~ R uXi - ..s r~i~(C:,+o?:ytia =u ~,t;;?,'p:'.t.16~'u,...~.t,'_~•3c,. t.~.~:5 t:: rC!ai4~ a i.~,(..:_tyys~,,tt~.b'cti a: ~:.-E ll.Js:7s.;. i:!:6 ~lWEi~(1?as 7Ax~1 ~1?~~+~'~ wl~M~'~~ ~~~tR+~~~~'•_.rle aH'(4a ~.<1' i~.$(r't.<) ;t, 1+ gi; vc~ti,-`. 3 ; i:`!~:?.•~Ir+M M~1111alftetk•6~i1~DlArrEiltaB A~O~f i~It~~Mf1 d1N1h!'pf~f>liiptiOf~lltlr OQ?Ii1N inds~~~~~? ~1~IMtsyNlll h 'f~YQ~~~M~I~~It~il?,Lt11EN9btc#I~~19i~tiQ~1At,~tlA~?!~~ ort a tlEtlre secu~sd by t ie , , fsupda fbrTatssa and iaefrrart~. Sub~eci tn'at~Cat~ ~awOf lO ~ wiUUli -~-+e-~-?~fYr tOi?VOia vviww. v:w:c p.~.j Ip;Wndp~a~llfadays~tgfsyle?~rgsd l.hn~tbls under tht Nob, until tha Note is paid In full, ~ slIQ1_(tlM.'OiA?~~f~ Ql,~, ~rbiGh,fR11>f. Amp. tRllRd~llk e-"~~i~.~'~;~i......~ib~ , 't~itr~=w~dr~aitort~~te~+r~atirrtnereo~ - Ttta~irrdlsKAN IbiIPAN~d~tMihM'Ned'11i~"is+oty6'tirtll`~i'ii1i'IAstilM~r` tl! ~r state agency(includirrg Lender if lender issuch an tMttituii0rtj: Lerrdsrsttatt applythe Funds bpaysald taxes,asseesments, insurance p~tn ~ nd n?rits. Lerrdermay notchai+pgtorso holding and applying the Funr~,anelyzing saki account, or-+~ari~ir~~.i~~~u~r~ pays Borrower intereston the Funds and applkable law penrdts'•t~ehder to n?N~r such a cha ~B~~may agree in writi,p~g at th0 time ~ exscutbn of this Mortgage that interest on the Funds shall bi~tid b Borrowers and unless such a~~d~ment is made, or~ k.~b1e law r+agtlirett>f~iillfirfttire~ftlf~ _ lgggirsblili~it6i~jgii~topay~arower~anyiriterest~rs~rningsArr#iieFunds.lender shall give b Borrower, without C an annual accounting of the Funds showing credits and debits b the Funds and the purpose for which each debit b the Funds was made. The Funds are pledged as additional security for the sums secured by this Mortgage. It the amount of the Funds held by Lender. together with the future monthly installments of Furnia payable prior to thedue datesoftaxes, assessments, insurance premiums and ground rents, shall exceed theamount required b peysaid taxes, assessments. insurance premiums and ground rents as they tall due, such excess shah be, at Borrower's option, eilher prompty repaid. b Borrower a. credited b Borrower on monthly installments of Funds. If the amount of the Funds held by tender shall not be sufficient to pay bxes. assessments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender any amount necessary b make up the del iciency within 30 days f rom the date notice is mailed by Lender b Borrower requesting payment ther@M ' Upon payment In full of all sums secured by this Mortgage, Lender. shall promptly refund to Borrower any Funds held by Lender. If under paragraph ] 8 hereof the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately prbr to the sale of the Property or its acquisition by Lender, any Funds held by Lender at ine time of appiicaiir-i- - - .:~t~ss-!r~*_- - this Mortgage. ~t+-~!~ fit ; 3. AppNoMiOn oI P+ayrairrb. Unless a ott'wtrwise, all payments received by Lender under the '~ote and paragraphs ]and 2 het1~ll~t~edl~ttlriiNMiN1N~l~aymtnt of amounts payable to Lender by Borrower under paragraph 2 hereof, then Mite~flsll>~#lilprincipal of the Note, and then to interest and principal or? any Future Advances 5, ~ K~ ~ iai ~ 1t~t 4. Chsrgee; 11errs. Borrower shall pay all ta~aes. assessments and othercharges, fines and impositions attributableto tie Property which may attain a priority over. this Mortgage, and leasehold payments or Bound rents. if any. in the manner provided under paragraph 2 hereof or;-i(not paid in such manner. by Borrower making payment, when due. directly to the payee thereof. notkre$ gl astihounts due underthis paragrapb,.and in the event Borrower shall make paymen7~iiroctl~r. B U promptly tiimish to Lender receipts evidencing such payments. Borrower shall a?1t1'tfisrl~chk*ibs~~tMY over this Mortgage; provided, that Borrower shall not be required to discharge at+tltsycbt eo,I~ as 8a in writingiothe-payment of the obligation secured by such lien in a manner alr~toten'sgplli~~~testsuch"IiAn by, ardeierid enforcement of such lien in, legal proceedings which operab to prevent the enforr;entent of the lien or forfeiture of the Property a any part thereof. a. ifasrd irtnrranoa Borrower shat) keep the irriproyerrients now existing or hereafter erected on the Property insured against lobs by ilia` ha~:ards inclslcled wilhh tt~ term"@xtended Coverage". and each other hazards as Lender may require and in such amounts ,end t0~ such Qer~ioda as Letxiec repuife: prowlded,that Lender-shalt not require that the amount of such coverage exceed ~t?>$Camount of't~verage r~equiredto ~ ttie sum. secu~d by this Mortgage-._ insurance carrier providing tFie insurance shall be chosen by borrower subject to approval bI/ lender, provided, that such approval shall not be unreasonably withheld. All premiums on insurance policies shall be paid in the manner provided under paragraph 2'hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the irlsucanoe cauorier. -Ail insurance policies and renewals thereof shall be in form acceptable to Lender and shall include a standard mortgage clad~~eejn tarra_ot 11~d in foam aCCeptakll@tiD Ls[1dor. Lender Shell have the ri~htt4;hQ ..the,policies ar>if r ~ lhereo~ artd Bortrdwe`r shall pro t~ ir~ritist~td'L tier ail ~tenewai tSofi~s and aft r~eiptlE of tf~t~ftium:£~'fi the ~n1t of !aa":~ BUirowers'i'retl giWt p~ notkSe to theinauraricdCatNer ai'kl tencfer.~eiidertitay ptoi~f ill loss tf hot irra~promptry t~....•'~^o.,'` ~hs?(~ .t~~.i; s4' _ ~iP ,v 'l •c..: ~tE t~CJ i; L:' li'... ..3 -?:t4~ tai' ,^t ~.1t% 4:.IC1u 1 :Ultieas L,arx~randBorro~w~rojftisrrrnseagae invrritinp.,insurance,prQ~da-shall hea~ppiie~.WresbrattonN~reptircM the Propairyr 4x!~ h faUPB oc €ePs!u L , , . _ . L~uucc !t! te~t~ a~p.tfte:$eo . ity.~. [lea riot tl>erefjy"ifi If such resfbration or repair is rwt economically feasible or if the security ~ this Mortgage would be impaired the insurance proceeds shall be applied to the sums secured by this Mortgage, with the excess, if any. paid tOBOitbweir. if 1ti~PiopaAy~ attat>dened by Borrower, or if Borrower faits to respond to lender within 30 days Mom the date nottvsisYrtaiisdrby_tende~;io BartavMOtttlatNleirrsur8nce~TilrOff~tOaetaesaialM~t instNartce#~ertai~ tender is eutha+Red}I4b.ciDiled 8ridaf~bE`~#~ fx0o~dss4kepds[ts optianeither to restoration orrepair ofibe Prppprgr or to the sums sect:red by this Mortgage. - Unless L.erKiel ~r~ ~ towp~ otherwise ag~•T wiifi~; arf~r:iu~>:i ~'fiplication~oT pPoceeda•Co priricipai sfial~rwi extend or posfpQir~'#ii6dc~ dit~ b?t'Vri~ tnbnff~tyiAefalfrtiehts'r`eterlretl to in' ~ragraphs ]and 2 hereof or change the amount of such instalments. if under paragraph ] 8 hereof the Property is acquired by Lender, all right, title and interest of Borrower in antl to any insurance policies and in and #o the proceeds thereof resulting from damage to the Property prior to the sale or acquisitjgtt e~istlk fiass~.tp j.,ender to the extent of the sums secured by this Mortgage immediately prior to such sale or ,lacq}JISI,tiOR 5 3 ; ? x' +b'--.i =;.yif-' f ; ~ <t r , s ~ ' ii .'u ~ ri. ;.6. (~,i~YatfOA_alld tlifa~~ ~ ~ d~:CQlMdornfn4lurls:~ir~ i~1K ~~e! Borrower shall keep the Properly in good repair a shat not commit waste or permit impairment or deterigration,of the Pro- . perry and shall comply with the provisions of any lease if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit devebpment, Borrower shall perform all of Borrower's obligations under the declaration or covenants cresting or governing the condominium or planned unit devebpment, the bylaws and regulations of the condominium or planned unit development, and constituent documents. If a condominium or planned unit development rider is executed tyy Borrower and recorded together with this Mortgage, die covenants and agreements of such rider shalt be incorporated into and shaft amend and supplement the cbveriahis and agreerrierits of this Mortgage as if the rider were a part hereof. 7. Prvtectioti o1.Lendet+e SecY~l~jl..liBAr[ower falls to~erform Ittgcoverlar_1te.a(ndagreements containeq in this Mortgage; 6r ff - ?~etbn' or `proceeding is COmtrlenCed which materially affects Lender's iiiter'r~t'irt~the~ A''oPei'hb including, t>ut not limited to, eminent domain, insolvency, code enforcement, or arrangements or proceedings involving a bankrupt or decedent, then Lender at Lenders option, upon notice to Borrower, may make such appNrances, disburse such sums and take such action as is ner~ssary to protect Lender's interest, including, but not limited to, disbursements of reasonable attorneys tees and entry upon tps i It Lender required mortgage insurance as a condition of making the loan secured by th y the premiums required to maintain such insurance in effect until such time as the requirement or sac insurance terminates in accordance with Borrowers and t ~ °~0~~25 ~ - - ---AAA . .