HomeMy WebLinkAboutDenise Gober - Warranty Deed Of Trust page 2 of 9of Borrower's covenants and agreements under this -Security Instrument and the Note. For this purpose, Borrower
irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located
in Ada County, Idaho:
Lot 22 in Block 3 of Rod's •Parkside Creek Subdivision No. 2, according to
the plat thereof, filed in Book 63 of Plats at .Pages 6343 and 6344, as
amended by Affidavit recorded September 8, 1993 under Instrument No.
9373810, records of Ada County, Idaho.
Parcel ID Number: R7535770050
which has the address of 3.693 W Spruce Creek Drive [street]
Meridian [city], Idaho 63'642 [Zip Code] ("Property Address");
TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be
-covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
BORROWERCOVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
grant and convey the Property and that the Property is unencumbered, except for encumbrances ofrecord. Borrower
warrants and will defend generally the title to the Property against all claims and demands, subject to any
encumbrances of record.
THIS SECURITY INSTRUI,�fENT combines uniform covenants for national use and non -uniform covenants
with limited variations by jurisdiction to constitute a uniform security instrument covering real property.
Borrower and Lender covenant and agree as follows:
UNIFORM COVENANTS.
1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and
interest on, the debt evidenced by the Note and late charges due under the Note.
2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monthly
payment, together with the principal and interest as set forth in the Note and any late charges, a sum for _(a) taxes and
special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the
Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender must pay a
mortgage insurance premium to the Secretary of Housing and Urban Developmentk"Secretary"), or in any year in
which such premium would have been required if lender still held the Security Instrument, each monthly payment
shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary,
or �ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary,
these
in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary,
items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds. "
Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the
maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement Procedures
Act of 1974, 12 U. S. C. Section 2601 et seq. and implementing regulations, 24 CFR Part 3500, as they may be
amended from time to time ("RESPA") except that the cushion or reserve permitted by RESPA for unanticipated
disbursements or disbursements before the Borrower's payments are available in the account may not be based on
amounts due for the mortgage insurance premium. Inffiels 1A
Pepe 2 at 8
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