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<br />84 -.a ~ 002174
<br />-iNIFn11M COQ-ENANTa. Borrower and Lender covenant and agree as fotlaws:
<br />1. tiymaM d hiaelNl ttri lnrenN. Hnrrower shall promptly pay when due the principaal of and interest on the
<br />indebtedttas evidenttd by the Note, prepayment and late charges as provided m the Nott, and the principal of attd interest
<br />on any Future Advances secured by thrx Mortgage.
<br />2. Ptstlt for Tttsss alai Irartuaast. Subject to appitcahie iaw or to a written waiver by Lender, Forrower shall pay
<br />to Lender on the day tttonthty irtstalltnents of pnrrctpal and interest are payable under the Note. until the Note is paid in full,
<br />a atsrrt (herein "Funds"? equal to otx-twelfth of the yearly rases and assessments which may attain priority over this
<br />Mortgage, and ground rents on the Property, if any. phrs one-twelfth of yearly premium installments for hazard ina,tranct.
<br />plea one-twelfth of yearly premium installmenn for mortgage tnsurattce. ii any, all as reasonably estimated initially and from
<br />time to time by Lender on the haws of assessments and hills and reasonable estimates thereof.
<br />Tfie Funds shaft Ire held m an muituhon the deposits nr accounts of which are insured ar gwrantetat by a Federal or
<br />stale agency (including Lender if Lender is such an mstitutian l . {.ender shat) apply the Futrds to pay said taxes, asseumenb,
<br />insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds, analyting said account,
<br />or verifying and comptlmg card assestments and Mlfs. unlr.•ts Ixnder pars Hnrrower interest an the Funds artd applicable law
<br />permits Lender to make such a charge Hnrrower and Lender may agree m writing at the time of exteution of this
<br />Mortgage that interest on the Fundt shall t,e paid ui Harrower. and unless such agtecment is made at applicabk law
<br />regattas such interest to tx paid. ;ruder shall not M rec}wreJ to par Hnrrc+wer am~ interest or earnings an the Funds. Lender
<br />shall give to Hnrrower, without charge. an annual accrnmnng of the funds showing credits and debits to the Funds and the
<br />purpose tar which each debu to--, the funds w:as made !lee f-::rids :r pledged its acidic:oral security for tfie sums secured
<br />by this Mortgage.
<br />If the amount of the Funds held by Lender, together with the {elute monthly installments of Funds payable prior to
<br />the drx dates of rases. v.~~essr ants, insurance premiums and emend rents, shall exceed the amount regwred to pay said taxis,
<br />assessments. insurance prcmrumv and ground rents :as urea iatl der. wch csce,_s .hall he. at Hottower's apron, etthet
<br />promptly repaid to 8ormwer sx credated to Hnrmwer on n:onihh :nstallmrnts of Funds. If the amount of the Fttttds
<br />held by Lender shall not to stillicunt to par easel. assessments. msurancc premiums and ground rents as they fall date,
<br />1(orrawer shalt pay to t.xnder any amaunt uccessare s;, make up the .ietic+ence wtthm i0 days {rem tfre date native is mailed
<br />1+y Lr:oder to Hnrmwer rrytcesting payment therrni
<br />Upon payment in full of all sums secured by ihr 'ytnrtgage ! code: shall promptly refund to Harrower any Funds
<br />heW by lznder. if under paragraph !+ parent the propene ~, >edJ ,+r the Pmpertt .s ntherwase ucqutred by Lender, l.entkr
<br />shall apply, tin later than immedtateh pour .n the sale „i thz Prnp<•nt or us .teywsumn by lxndrt any Funds held by
<br />Leader at the ume of appltcatxan as a ~ redo ,tpa,nst ihr same szctueJ by this Mortgage.
<br />]- A!lBe~a of Paystaaer•VU. t-nirss apphcahie iaw pit+.,<ies ++thcrwau. ail payments rrrena~ by Ixnder unJZr [he
<br />V ate sad paragrapht !and ? parent ,nail i+c apptn-J by I coerce tint :n pat inert ;,! amounts payable to Ixnder by Borrower
<br />under paragraph J fxreot. then m mrerest pas ahlc =.n the Aetc :hen na nc~ pnnapal o{ the Note. and then to interest and
<br />pnncrpai tin any Future Advances.
<br />3. CYrRat IJea Bonnwcr .nail Fat .t^ arses .:,srsvnentx and .,the: ants rgex. tines and impasmons aunbutabie to
<br />the Property which roar attain a porno ,=vrr this ylongagr..+nd !easehniJ l,avmenis ,+r Around rents, d any. to the manner
<br />provrakJ under paragraph ~ parent a,r..t n:a pied :n .can rnanncr its Horn+wrr making paymem, w'trai due, Directly to the
<br />pays thertet Hnrrower apse pmmpits 'urmvh m I emirr :,l! nauczs ,=t .imnunta .lac under this paragraph- and in the event
<br />Harrower shat! make lasvmzrt drrza::s H.,r r,iwer .half ;+r.+tnput rurt?nh !_= I.enJer :es:zrp:s cvtdenerng such pst'ments.
<br />Fktrro+ser shall promptly Jtsa:ftarge any lien =+hi.h has prroruy ,+ser the Mortgaf;r: nravtJed. that Hnrrower shall not 6e
<br />ixgtured to Jtschfrge any such lean w long as Havruwcr .halt attrez in ..rr,;ng to the payotent ut the ohhganan secured by
<br />,ueh (tea rn a manner acccptatrte n> isnJer. ,:r ,hail in en,w earth aunttsi sash i+en hv, nr defend entnrcement of such lien in,
<br />Eegal prc+szedrngs which ,+param to prayer.[ :tr rrt,a.crva~nt +d rtx- ~~ar +u lartrrturc of the Property nr any part thercoC.
<br />S. Fltorl lstsaraetre, Burrower shall leap +hc impn,'. rntrnt, r.; n. rvsung or nercatter credzd nn the Property insured
<br />agarnat loss t,v flee, hazards ,rulucied wuhtn ihr !c. n ;+tendeal :, ss r;ege .rnJ at,eh ;>ther hazards as I.cndcr may reyutre
<br />and ro such amcntuts and for +tnR {xnads a, I toiler n. rsyour_ r,o<idrd. ihat Lender ,hall not reyuue that ttte atnoont s+t
<br />such eaveragr zsc~J toot amaunt ,,f .. „erage +ru+nr rd si+, pat +i-r •i,rn, ,raured by ih;s Mortgage.
<br />The +muraae .serer provtdtng :ere ,nsurarne shall t,r ah,:sen M Ff*,ur.+wrt ,ubtect to approval try Lernkr: pronded.
<br />that such approval shall not br anreawnahit wuhhzld ill nrrmu,ms ,=n mxnancr pahctes ahaH he puad m the manner
<br />provrded under paragraph : hem~l ur ~; not yard in stxh manner. hs &>rrower ma~mg payment. when dire, .iuectly to the
<br />[muraoce ,aura.
<br />All insuratwz palrcne-s sail renewals there,=r -nau he :r, toter ..., cpr.+hlr io i.a•nricr and shall indudc a >tandarJ mortgage
<br />.yause m favor of and in term accYptahie :.+ t c;rJer 1 erulzr ,halt have me right io hold ihr pohars anJ renewals thereof
<br />sad Bnrrnwrr shall pnampdv tiatmah u, t.enslrt all irnewal nuns c, and ail !rcrtpts nt {said premium, In the crest of Icxs,
<br />Bornvwer shall groe prompt oattse en the :nsuratxr , serer auJ I ens{rr Lender teat make Ixcs?t of loss n not nwJr promptly
<br />In Borrowcl.
<br />Unless Lender and Borrow rr +aherw,>e agree ,:, wr: [;trg.:nsw uu..c praxrrci shall be appucd iu rrstoraunn ur repair of
<br />the Pmpwry alatnagtyt- nnwulra! leer r2, iurauon ~.+a rrpau „ suuerm~rlie travhle and thz ,canny of rhea Mortgage i>
<br />tktt thereby uupaucai. I( each rrsiurauun ur repair is nor e.suanrw alit trasttrlr „[ d the tetunty of rhea Mortgage would
<br />tae ttuptnred, the insuratu:e practctfs >hall he eppited t,. ,nr swiss .za.urnt hs this \longagc, with nc~ rsceu, tf any. pard
<br />to Borrower It the 1'n>prny is at*aneiunari ha Hor n,wei +a ..~ Ha>na+w er ia,!s io iesptutd u, i.ender wrthm 3ti days tmm the
<br />Date rxtuc'e is nmtiect by LertJer to Iron ow rr ihat 'hr ~ruuranir a.anirr <+liers s,+ ,cult ~ slams tar insurance henelits, 1.enJer
<br />is auihunud to ~oileet and a~dy the inset ara.e ;n a*ti'.ecYts at tender , .,pear other w restorauan ur rcparr w the Pnsprn}
<br />sex w the >tum securrsl h} the Manexgc
<br />U nkss Lender anti Borrower oihcnsce agree ir. .>: ring, ,try >sa<.h applr.auan „1 pnx:+.•eds io prrnapal ,halt not estend
<br />+r ~rstpont the due date ut th,c utunlhh rnsia;lmrn,s rcterrcd :o ;c i~aragraphs 'end ~ nere.rt or .hangr the amount of
<br />sure ms;ailments It uuder paragraph ~ R hera?t the P~„pent ., as yu~reat he l.cndct ail right, iota and rntcrest a,t ttnrrowzr
<br />m and to any iassuauce polHats and ur ,a nsi i„ the pra>L Yds ;het rri ;rxtt3 mg Unm aiamagc lip ihr Propens pn„r to the late
<br />ar acgtuanort shall pass to Lx:ader au thz talent .,! the ,arm .eauresi +s this 1lnn gage ~ntmzdtatrh pr rot t,• .uch ,ale .,t
<br />acyuwtran.
<br />a lsusenafMa atiri Mairteasrre ad Prupcay: I,cascMdds; t oudasoiaiuatt; Wanued taW -kveMtpraeuts. Hot rower
<br />sprit ksap rt+e Property ao gsxxi .-zpatr arx,7 *hali rat .aunm++ ., aide. ..r permit vntparrmrnt .,[ .'reterrarauon ut the Propert±
<br />sad shall usnpiy with the pranstans .'! any lease ~i that !sic:etgagc r ++n ., k•aschald. I! thi> 1l urtgage i> „ .nit i ..
<br />esntdtMrtin<J.n1 .tx a piattm'.i amt Jr,zk,*{>mem. ktozrow er ,ha:! t>envrm aq „l Hot rx,wzr s .=hiagatums uuder the dcelm sear
<br />sat e9vtnaats .reating nr guvermnl[ the .anrdomamum .,r piaunrd :,nu atevei.>pnxn; .he by-laws anal regu!uttur-, „1 the
<br />~'ert0illrl/nltml aN planrizd rime dtYE i<<pmznr, toil ia,n9i r/nrnt dtx tlmCnt> It s .+ nap,+m inranl a,Y t`lanncd ~. +,i .le+eia•l,niern
<br />tnltr es zxarated by Bornawer are! :r...*: JcJ tee-ether ,.uh ihrv ~1t,ngagc. ihc~ -.,.cnauta ..nJ aM[crmrnl, .+t •riv it i+sier
<br />shalt be tnw'Orporaled taco anJ shell unread anJ aupplrmem the ,.r,s e[wnts .,ixi agreunrnts a,l ±hs Mwtgage as -t irk udri
<br />stare a putt 6ermf. s
<br />~. A71aK'~n u1 LeaMr's ~4a'tr1Yg. !! I-orn?wrt fats ts? lart,unr uer .crvenauls and agt rrrnents ..,nWUt:^d i, this
<br />lt/aitgaBs, ar tf any aclran azr prcwerdrag : .,immern:zd wtuah motenaify n7Ta.ts 1 enJzt > ~+rtercrt,r to the P~a,pen e.
<br />tax,'lNdlnj, Mfr rwyl Itmtttr6 ta, zmrx>kmt dartwm, +naa+lvens:Y. a!pk cot.:r.etrtein ,?- ar rangrtttznts ,,: +ttx crdtnpa !nvu!>mg a
<br />tnaakrup( ar deta;ttatt. then ixutkr rt L,endcr s c?ptuat, upr'en owt:.c to 14urt,+wrr- mac u:ake ,ash .npp¢ar;ur¢rs. dshurse ,u..h
<br />AY4Al1 lad WFL ritCh actacm a! Es tsea:ztsary u, ynotcbt lsruler a :ntrrsst_ a~tuJing, hot ar+t Irmsteat t,,. .i;shursemrnt ..
<br />1'tN~9fHElt auutaa)y's fsra xxMl entry uptm the Praprnt u+ rzx-ake rcpaiis It I rtWer rey_wreJ :nvngage ~murar:ac a, ,
<br />c:-?pditupn n1 ritalcntg the Saatt sca.rncd f?y this 1~Icrxts;agr. He+n s,w e'r ctxai! ;,at ihr l~:emfr.vnt ;eynrrr.l t,= n,aurta,r, ,i,.,,
<br />raNtrsnte rn chi uttir3 sukh :nnc as the rrqutevmctn feu sus,n roars: acne ~€r mtna.c+ ~ naorJan.¢ wtur Has n•wrr s ..rid
<br />DI 'rAAAa rr .
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