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<br /> vwros,c cove,+,►«Ts. sorro+rer aaa c.maer aovenaiu ,na a;ree a. feuorw :
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<br /> 1. !ql�Mt ot �I�dMI ad laNr�t. Borvower �haLL PromptlY WY wleea� due the Prm�al of aod i�torat on the
<br /> lOds�de0u evideo�as�d bY tbe Not�. p[opayo�nt and IaOe cl�ar�os as pravided u+ tlw Note. and t6e P++�Wa of �nd irM�at
<br /> �' aa any Fui4u�e .4dv� �ee�u�ed by th+s Mort�a,e•
<br /> ' f. /Imi Mr Tru a�i l�e�. Subject W appiicable Isw or to a wtidan wairar by L.�ndx. Boaow�er �6a11 p�3'
<br /> ' tR i�oder o� t6s d+Y amthlf' imiWlments d ptincipal aad iat�rou rm A�Y+� �md� We Nob. u�til the Nda is Paid ie tur,
<br /> � • awn l� "FW�ds'7 e9w1 w oatrtadtth of the YurlY tuo� and awasments wl�ich �oaY attain P�+�Y , owr thd
<br /> : # l�taetyl�e, aad paasd sants os the Prop�rty� i1 asy. Ptus o�stweittA of Y�Y P�'�� � tor hara�d uwraew� ;
<br /> � pb or�t�atlth a[ yweiy pesium inwllmoee� foa mortsa�e imuraAca. if any. all �►s raw�tY e�lim�ted initiaMy wd [[�a�►
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<br /> 1�f4� OD �1�0 �fY �6[ OA ib0 �lYM O� ii�OMl� tlld ifi�li 8[Id �YafOOibb ptielfi,td th0['OOif.
<br /> , 'I� Pwds shtU be �atd ia aa imtitwion �6e depoaiu or ucouots of which ue iowred or yuar�ocaed bY : Fedee�! or
<br /> � Ftpe a/�ey (inctudius L.aa� if I.euder is such an imtitution) . [.coder shnll apply tbe Fuods td paY taid taYes. anoaaaseb� `
<br /> , ippua�oe p�+emwfae� and Seou4d rents. (.endor may not char�e for ao holdin� and aPP�Y�i t6e Fusda. sndYziai asid aoaouat,
<br /> f a+t wriEyls� aad oomplinj tud as�umonts aad bille. ualw l.eader Pays Ho�rower iateroN oa t6e Futds aed appiicab� 1w'
<br /> � peesniis l.erder W malte sueh s char�e. Borrower aod Lender msy a;ree in writiet at the time of exeeutioa ot t�
<br /> j iMtart�ye tkat iatsrou on tbe Fnads shall be paid to Horrower, and unkss wch a�reemeat is made or app�ita6Y 6tr�'
<br /> ; requit+es atcb ioteeest W be paid� I.aoder �6a11 not be raquired w pay Borrower any iaterod or atraia� oa tla Fuad�. I.redrr
<br /> � t6dt y'tve to Sorrower. wit6out c6�r�e. an aanual aceouatins of tLe Funds cbowin; credib aad dobib to the Fundt aed tl�e
<br /> pu�yp�p for wdic6 e�h debit w t6e Fuodr was made. Tbe Funds aro pled�ed ac add'+tioaa! sectuitY for tlu sumr aeeurod
<br /> this
<br /> � I[ �t of t6e Fwsds hdd by Lendu. toQether with the future moathly installmenq of Funds paysble prior to
<br /> t6e dup dsta o[ taxes. ascaa�manu. imurance promiums and Qround ren�. shall exceed t6e amouot requirod w pay taid <a�,
<br /> u as the fall due. such excesc shal! be. at Borrower's option. eiti�r
<br /> 'ums and ra� Y
<br /> ; area�enb, inwraece prem� Qround
<br /> pro�pdY ropaid tp BtxxoYver a oredited to Borrowu on moathly inusild�enb of Funds. If the amount � tife Fun�i
<br /> }� by Leader s6a11 nM bp su�cie� w pay taxea. w�essmenu. insuranu prr�aivanc and srouod renu a� they fatl due,
<br /> ', 9oeTqrer shf11 paY W i.epdar any amouot necacarY to malce up t6e deficiency withia 30 days from the date notice is muled
<br /> ; by Le�der �o Borrower re9�i P`Yment t6ereof.
<br /> ' � [lpos paym�et in fuil of ali wma �ecured by this Mortgage. Lender shall promptly refuod to Borrower a� Fw�dt
<br /> � 6s{d 6y L.ander. If uodec p�raSraQ6 18 hereof the Property is sold or the Property is otherwise �cquired by Leedu. l.ewder
<br /> ahdl apply. no Ltsr t6ae immedi+telY Prior to the sab of tho Properry or iu acquisition by Lender. aay Fw�t hdd by
<br /> � L�eder st tlr time of application a� a credit ssainst the suma secured by thic Mortsa`e.
<br /> � 3. � at !'�y��Y• Unla� applicabk law p�ovides oH�enviae, all paymenu roceived by [.ewdec uoder tie '
<br /> Nob aed p�rs=r�p6at 1 aod 2 6areo[ clwil be appliad by l.ender &ru in payment of amouau pay�bk to L.endor by &wte�vsr
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<br /> ± uo�ier paraaaph 2 6a�of. tbea to interost psyabk oa the Note, then to the priocipal of the Note, aud thea w inta+e�t awd ,
<br /> i pttiaeipd aa any F�+e Advaeoa.
<br /> 1, Ct�rp� TJ��s, Borrower shall pay ali tazes, asse�sments and other chary�es. Rnec and impocitions atvibutabb to
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<br /> � fit rrppetty whidf atay att�m a prioeity over this Mort;ase. and leasohold paymenu or Sraxd ee�ou. if anY. �a ffie �'
<br /> ptovidsd ueder paryraph 2 baroof or. if not psid in suct� manner. by Borrower malcin` Qayment. wi�oe due. �e+� tu �e
<br /> payw N�eot. Heerawer diall pranptly furnich to Lander all noticea of amouats due undor this panjraph. a�d ia dr ew�t
<br /> Botrpw�r tlu11 ma![e ptyment dirxqy. Borrower shdl promptly fumich to L.ender rec�ts evidencie` wc6 psy�oeeM•
<br /> � gosrpwK a6�It peompqy dae6ae�e �ny lien which hu priority over thi� Mo�tsr�e: Providod, thu BorY�ower duU aot br
<br /> aquind w diwe6aqe sny ruc!► lien oo lonQ u Borrower shall s`eee in writin` to t�e paymeM of H�e obliptioa �ect�eod by ;
<br /> j �ucY lirs ia a masaer a�oepta6ie w L.ender. o� shail in =ood fait6 contest wch lieo by, or deEaed eefo�aeent of sud� liea i., r
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<br /> # Iap( pi+ooesdi�s wlueh opa'�te W pr�vent the e0forceenent of the lien or forfeiture of tha PropertY � �Y P� �. ±
<br /> j S, R�nN iweree, Batower s6e11 keep the improvements now ezistin` or heroafter ereceed oe the PtnpertY iea�aed
<br /> i apieK loa by liee, 6az�t+� iAoluded within the term "ezunded coversse•. aod euci� other har,ards u lsndor auY �e�uire
<br /> �
<br /> i aed ie Nrb ae►ouob aod for aueh pariodc as Lender may require: Providod. that Leeder shatl �wt roquirc tl�u the a� of
<br /> w�eh coverye axeeed t6at a�eouot of coveraa�e required w pay the sums secured by this Mortsa�e.
<br /> 'itie ieiwaee� caerior p�ovidin� t6e iosurance shall be choseo by Borrower subject w approval by L.eoder: Prmidrd.
<br /> Ih�t N�oh approval dwY uot be u�aaoaably �vithhdd. All premiums oa inturancx pdicies shtll be paid in the �sarer
<br /> � p�pvided w�dar prra8aph 2 hamof or. if not paid in auch namer. by Borrower makiei P+Y�� �vhae duo. diroedy w tl�e
<br /> � taw�ra�a cariirr.
<br /> i ,� � pp�icip md rpoewals t1►ereof e6d! be � forn� acccptable to L.e�er aod ehaU incliule a cta�dard mort�ye
<br /> j ehn�e in 6ror of �ad in Form �ooeQtabb to i.eeder. Lender shall have the riQ6t w hold the pokcics aad rose+'vk tf�sr'eef.
<br /> qA >oroo�wr sltall p�ompNy furais6 W Lender all ronewal notices and all rocxipts of paid praniumc. le the event of �on.
<br /> i Bees+ewer shall pv�e pnompt ootioe w the i�uraece carrier aod Lender. L,a�der may mal[e �oof of las if not w+ade P�PwY
<br /> t yy �w.�e�
<br /> � ()aies Lmder aod Hnrrower ottxrwise esree in writia�, incursnce procaeds stull be aPdied to rta�oratien or t�PaM' of
<br /> � � �Y �i�. P�vided such roswrstioa or ropair u eoorwmicalty feasible and H�e securiry of tfaa Mort�e io
<br /> � eut tlMraby impairod. If wcN roctoruion or repair is not econanicalty feasible or if the security of thic A[ortsa�e+ woWd
<br /> � e, ;.�.;r«t, me �oe �ooeedr �.0 be a�wd �o �ne w,�. seowaea by c�o �ore�.�, with the etoo�a� it aaY. �.�a
<br /> I �q �oepMer. (( t6e pt�eperty is abaodwtied by Borrowcr. or if Borrower failc to recpond to Leuder wi8tie 30 �y� from tMe
<br /> 4 date ppppe is maiied by i,ondes to Barrower that the incuranoe urrier olfas to sattle a claim for i�uuraooe beselits. Ls++der
<br /> � u au�oriaed w oolll�cx md applY d�e iosnr+ece Prooeeds at Lender'a option eitbu so rortw�atia�n or rop�ir of ehe lropeety
<br /> cu so t6e w�mr sacueMd bY tltis Ma�+tp�e.
<br /> ! Uolws i�der aed Ba�m�vu otlfe�rvi�e ase+ee in writie�� any cuch application of proc�eed� 6o prie�cipal dnN not ext�e�d
<br /> j or poMpa�e tha �e dsb of d�o montbly iaMaLL+oeats rof�red to in Paniraphc 1 and 2 be�eof or cb�ps tbe amou�t of
<br /> ft yrci i�s. !f a.der p�aph l8 bereof t6e Propeety is acquired by Leeder, all ris6t, Gtle aod intawt of Baenuwa
<br /> a er
<br /> � ia aed b a�y ia�rneoe polieirr aad in aad w tbe pcaceeds theraof resuftio= from dama'e to tLe PropertY Priot w tbe cab
<br /> p� �q�a y�yQ pw�� tp L,eoder to the ezteat of the suen Yecured by this Mo�a`e immod'wtoly prior to sucb rale or
<br /> g3 h�enaYr ad AhiM�ee d rr�atY. L�i�lYt Ce�i�rlirt � U�it Dw���a Borro�w�er
<br /> d �d keep ths l4vpe[ty is Sood rep�ir ud s6d1 not �t waste or pecmit impaumamt or deeeriorstim of /60 Prepe��Y
<br /> � y/ �Yatl Cam�Y wifh tde peovwam of aey lo�re af thu l�lurt� �� un a Ic�wh.�ki. lf thi► Drt.ut�a�e ic on a unit ia a
<br /> � ee�dpwti�i�a or a plreed u�t develop�oeo4 8orrowu shalt perform aU of Botrower's okilisstiom undcr the declara[ion
<br /> or aoveorb c�+e�i�i ot ia�et�u� tlro caadominium or planned w+et devc�opmenG the by-taws aed ressdationc oF d�e
<br /> qp�iqi�t p� p{�d uoit dpMe�ppment, ead coastituent docuaunts. If a condomieius or planned unit development +
<br /> with thic the oovoeuts aod t�reerreMt of sucY rfder
<br /> tiiK i�i preqwGd b,� �oelDwer aod leax'drA �o�aher �for�a�e•
<br /> �y�y M i�pelpwrM�i i�6a asd �h� ase�nd asd suQpleecmt tYe eov�aets and a�tesmests ot dw 1�Eoet�a/e as if the rider ._ ,__. "��
<br /> � s 0� M�e�L
<br /> !. RIwY�/r a! iri�e"a 3�erd{f'• If Borro�r fai4 to pafnrm the covaa�nt7 aed a�+b coaained in ehis rt'
<br /> i : �w� !el' if a� +�o6aa et �raor�di�, is com�ea�oed whid� ma�xi�11Y a�eca L.�de�'s i� in tia T+opaey.
<br /> MiR ist �wiui to. ae�a�t doisra►. ia�oFroecY. oode a+Eo�oe�sat. ax arnn�awee� or Peo�e�iys ,isoatvi� a
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<br /> �t +Of�1�ICl��. t�l� L�l�AO� f! L,A/�!'f O�t10�. rPO� Aoti00 b BiM�'OwOf. 1�{Y � � �PP��- t�f/bU�fO wCh .
<br /> ..� 1�M iL� �6 1� � � it NOlMY'y i0 IYADf't /NEI'dt.. IO�. 611t SOt I�fl� !O. dMbY170aE�t Of e . i:
<br /> 1N�01��� � MY Y� MhY � �o � 10 �E IE�1tI'6. ig �.O�Cf 1'O�It04 11f01'Ls�C 1AM11'H10E ri � ""'"' �
<br /> � o�l�ias d sdti�f 1Y lor� s�ore�d bgi tlp� Moe�p. ie�+'°�^ee' �au pap tl�e pa^es�ums .'°�uued oo mmu�n rr� - ` ,�r _ w
<br /> iM111r11et ls e%et �r�lY araY tire � tl�e t�i�rt tor w�k uwraece maai�rea is aooaoA�ece �rith lonowwr's a�d
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