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<br />r~~ <br /> <br />83-:J}04046 <br /> <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br /> <br />I. PIlyment of PrfndjoIIfand 1.-. Borrower shall promptly pay when due the principal of and interest on the <br />indebtedness evidenced by the Note, prepayment and late charges as provided in the Note. and the principal of and interest <br />on any FutUre Advance. seeured by this M<'lrtgage. <br />2. I1lntik for TUft and 1_. Subject to applicable law or to a written waiver by Lender. Borrower shall pay <br />to Lender on the day m<lIlthly imtallments of principal and intereilt are payable under the Note. until the Note is paid in full, <br />a SUM (betllirt ~Fundll"l equal to one-twelfth of the yearly taxes and assessments which may alia in priority over this <br />Mori~. and ground rem!!; l'n the Property, if any. plus one-twelfth of yearly premium installments for hazard insurance, <br />plmOntHwelfth of yearly Pf"Mium installments for mortgage insurance, .[ any, all as reasonably estimated initially and from <br />tiMe to time by Lendef' on the ba.", of asse"srnents and bills and reasonable estimates thereof <br />1'he Funds shall be htlld in an inslitution the deposits or acCHunts ,,1 which are insured or guaranteed by a Federal or <br />.tate J:lgem:y (including Lender if Lender i, such an inslil,,!ion! I ,onder .ball apply the Funds to pav said laxes, assessments, <br />inmranee premiums -and g.fOOnd rents Lender may ont charge for <;'{'\ holding and applymg the Funds, analyzing said account. <br />or verifying and compiling said a......ments and bill<. unless Lender pnv, B"rmwer IOler"'l nn rbe Funds and applicable law <br />permits. lAnder to make suc-b it charge, Borrower and Lender m~tY ~Igrct" In writmg at the time 1.')1" execution of this <br />Mortpp. that interest f.ln the Funds (ohaH IJ.e p-a-id TO Bnrrower, .li1d tttlles~ such agreement is made or applicahl.e law <br />requires- such intMe$t to be paid. Lemte-'f shan not ht! n.XJutred TO p.a\' Bnffow~r ;if),"' mtcrest or e.arnin!l5 on the Funds. Lender <br />shall give to Bo.rrower. without charge. an annuaJ ac-c."<un-ting ~If [he Fund.. showtr!.e. Cfetht-.;. and dehj{~ t\) the Funds and the <br />~ -fot whk::-h each debit to the- Fun<k- "-'a-s made. fhe rund... aH~ pk--dged J~ aJdlho-na! "'e...~urHy hoT the sum~ secured <br />hy this MOrfgaBt'. <br />If the atnOUnt of the Fundi held by Le-nder, h~geth~r wHh lhe: future monlhh,.. In\i.lolUmcnts. Of Fllnds payable prior to <br />the due data of ~.a.xa. .a~rnent1.. lftSUraf\ee premtums and ~r()(jnd rent.... ,h<iH c-~;;-eed the ;unount reqUired to pay s-ald taxes, <br />assc&rOenlS. irtsut1lnCe pre-miUttl$ and ground rents. as. 'h:~y r.,:tll du-f..'. ~u-ch e-,...:c..... \hall he. .It Houower', nptJon, either <br />prObl-pUy re:p:aid: to Borrower Df crooned to Bo-rn1'wer "m mnflfhh m\:!<iHmenh l\t Fund,--- If the ;-tmounl of the Funds <br />hdd by Lender ~! not be .suilicie:nt to pay taxel, ;u.s.e!tSmenr~. In:'\ur~H1('e i"rcmHlm~ and ground rent~ as Ihl~V tall due. <br />BoJ'tt.')W'et'lnaU p.Il,y to tender any 3nlOOtH ne.ce.'<.Sary to m.;ike- up the- dcn-\:~('lli.:v \\' !thm ~O d;a\'s irt''.lm ~he date twtlce IS mailed <br />by lADdet to Borrower request1ng paymenl .here.."t <br />Upon payment m futi 01 aU .iWl'tS secured t}\: ~ht\ M(~n~;l~~. t t.'n-der ,haB prt,mprh-' retund to HornJwer an\' Funds <br />held, by Lender'. If under paragraph 11\ hcrt."or the Pnlpertv ,"\ ...nh.1llf fhJ." f'-r0PCftY !", ~)orhen.\'h(' acqurred by {cnder, Lender <br />shaU apply. 00 huer {ban unmed:iat-ely pnor to the '-ilk ;'r-! the- Property ~)f n.r.. ;i.;:qUtstt!on hy Lender. any Funds held by <br />Lcmtier at the- urne of Ilppikanon .u a ~'rcdi! A~au.l;St the s-um~ -.e..:un:d tn.' thiS ,\J('lrt~~e. <br />J. ~ of ~ t ;nic.~ at~pfH;:abie i~'iw r(('n...1t'~ "mt:r-.' tw, ~H piJ-yment:s n:..'elvcd t1y l.cndcr under the <br />Nt)k' and par~ 1 and 1 hereof ,half rn: 1},pp-heiJ b,' ! coder tir\i l!l p.nm,enr ,.'t amounts payabie tp i t':nJer by li(IHOWer <br />u.nder p~ :! hereof. then t-o U1tereU r~olyahi~ un the ''-\)'1(', then Ii; iht: pnni,,,"tpdf ,.'.It the 1'\intC. ~md then hI IOlerest :mJ <br />pnnapale>n .my Fulure Ady&m:cll. <br />-L C......... I.JeIa. !.kJff\JWer ~halJ P'",t'l' ,ill I,~ \n. "...._',..{':.\~mcHJs ,n'J ,-'!ht"t '. h,H~C"" tinc~ .lnd Hrqx~Hh.~n~ aunbutabie hI <br />the Propcny wnu.--b may -attam a pnont.)' (Wer lh!,- ~h1ngag(', .uni i-ea,.(,':-tl\,~hj p::l'jl-mCIH1i PI ~n..1.und rents. tf ~tnv, It\ the manner <br />PfOYtded under parqraph 2. het:t~.'tt '('-'-1', d o~"t P~H~ lt1 ",~j~'h nun-ner, h-.. ii-nno~.:r m;tlUni;; pa\'flt,enL when lIuc., threctly to the <br />p&)'Ot t~"', 8ocrtfWC!{- "baB promptl)' furnr;.n to I.t'ut!:cr .,'lji fhqH..t::~ pi MfH~unh due l.lfidcr lhl' j'JafliM;faph. ano in the event <br />Bot:n.~t ~h.U ttliti.c- paynPmt u.u-e<-..:tf!, fL~nt~,^cl ..hl4H p1n--ff1~')~i\ hrfH'l-h !<-' LI,'l1\,kl !'t',:CI-Ph t"!"~UkIH.:Hl~ s.w.:h p..nmen'l~, <br />BortoWet -ih-ai-i ~jy th$Cb"u'Fr all)' lK'H l;O.l'ut,;;h h.u. pfH"-n~-" ,-,~..cf \it!"\- MOftJt.i;~\'". pflY"'H.!ed. ih.d ~\}rr(,wcr ....h~tll nnt be <br />reqUtf'Cd -\.0 d~w: any ~h hCH ~ fong 4;' tk.,Hl.t'*e~ ~-h..H ...\g:u:e Ii, "'dlimg h' ih-l;.' p-/.1~nu:m tH the ~\hhgd~hJH :'ot:'l'Un:J. by <br />\UCh bon IA . m~Ul:nel' ~'~Abk tv L.:t~f. i_<f ~ni:iH m itptoU L~~ih U'llt~...j' "",~",n IKn h\ .:<! defend ('niHf\.'\~mC'Ht \~f '!.lH..h hen my <br />l(:CaJ Pfl.l(;"4i~ which OP<1>tW td pre....enl the ~f1htt...(lHl<tH l.'d lhl::: ;\~'.n .'f linh:'du!e ,.t !h~ Pf(lJ"t~!l\ ~;{ Jny pitH there.,)f <br />5. u...,.,.1~... H.or-r<Y*er silaU ...-ct:r~ H~ Imptv,>;~m.C{H' nl''M. t'UM.n" ."-1 h-t'h.'di~cr t.'j~d","\l ,lH tht' P-r{ll)(~ftY !n'u[c~ <br />.dipuli-C h,-')U ~ fiN.,. haz&!tb- tft.t;~~ v..athti lht'- h."tm ,,'".\h."n't.k'd \"\''<,.''ld~~: ;.md 'Hh..h \~ht;4 fl..ll-4lHj", ~'i) !.t;u-otr fIIdl IcqoHC <br />.uW In Mtl.:b ilDOUl~ M}-.J t\-,* ~lJ..:h peu....M.h,3,;. tcn.j~f tH~) h.::-iUlU;', ptp"<hktl. that i ';:OVer ~.hilli not r(,,,~"-HfC !fhtl loe iUlhlwH lH <br />1u~b cO\'C-f~ e.'\:~~ t-tuIt 4ll\t.JutH H! ,,:,(,'n:ioit.(' .-'iL-....HJft.~tl .H FAJ' u~~ ....:lH.. '<t"u;rni h~ Hn.. ~tL\figil*(, <br />The -lJ'l$U!~e ~a~-nc!:J piO'\'I4IUa the ~IlWhtfi...\: d.",H ~~ ...hi"~il ~l} mHhY"'';. <q:hyc'\.'l hi ",-pphJ\d-1 b\ I Clh.kr, pflhlded. <br />thai ;sw;tJ appn.w.u ~ll'k~ be unlc~l"Utbj) ',Hthi-,d-d \H r!~mH.Hli"'- "fi: m-;.Ul>>!\~' r..,lhu",.) ",hotil N.: p"u-d HI Ih~ HlMtHCi <br />pf'O-\i!-ded. uoGc.r p416,r.pb;; nc.f\C..,-t Of', ,f ihJ~ plitaJ Hi '<.u..h a\"'Hi~.. h, lkifh'1'ft,;.i !nu.u~ p-.t~ffiCnL ""he'n dot, ~hrt:~lly h.'~ (he <br />lllliUrllD<;C .;atrtcf, <br />..\.u fNUra.u,.: ~.K;te~ -iluJ l~K;',"",..I~ thCfo(;:~lt .'s-h....H -tx d. ;vfHi. .k,,-t:piot,bk-. ~C' i Cihii.:. elnJ ",h..i.il lHdu~1: ..t ',\1.JiIJ.1fO mun~dgc <br />~iause u) b.Vl.lr of anJ,ill form ...~t,.\tl'tilbk h-\ 1.cnJcI i ~-f~k{ .,h,-tli 11,j\i,; ;ht.< jiM-hi hl hi/hi Bli..~ F\.,h\:.~'!\. ..lad 1.-;at:'\~q.ti, IhcIC~li. <br />and- BotfO'll\.1:f 1>haU promptS) {Ullwm t\~ l.crkkf o1JI l~n<~~$ n..Jln,,-C, .,,"'~ ~\H n:,u;,;lPh vi pith! P'CHHVIlh, In !he C""'nt ut 10'\. <br />8orr\....w-e" m-alIIJ\-c prom.pt u-ot<<:.~ h.1 th-: Ul~-i.U.'-h...e ...A.rh~J .~(ld 1 (':JUt-'1 1 ('fh.ki n..J) m",,~c pn)vi ~,l! k~~ II Btll Hl.,.\Je phHHptiy <br />by Do< rower. <br />U~ I..endet.alw BofT\J.'4li'-t utl:\(:f'4.."", .lfl.iC(:: m "rH~H.. 1O.i.{}lolih,:o;, t;'I\I-o..:~,~i'\ l.h4ii be ,",pphcd l\) I'C"h)td.thH~ ,\{ fep.du \)t <br />the PrVpefl) 1,!anl.ajc4, PI\JV1Ue4 S-Lh.:ll H,;~t..l~..ti~Jn .}l a:paii' ['} ......~;.IHJm~~,:.lit} !i'~~tbk ~HHJ {hi; M:..:utHY ~)t till" M\)n~ag~ I" <br />not tbcJ-eby Unpaired. It SlA-h re':\.b,,:u:~h.;J-n OJ U:p:.il.H !-->" nn{ t,;'1,..~.}n-\'IHh__.;,dh h:'.:t~thk 1)1 d. the ~~unt) l.~t thl'" .\h'lHg4-~1; \\'t.nilJ <br />be .u:npau~ the. ~nuu~ pl\X.ec-d~ S.h4U be .J.ppbcoJ t;;. l.rn; ~-un~ ..-.(::,,,;un:.d ;)} 1iH.";. ~h>ngaic, ;\-,tll the C\.,:I;;::>>. it ;'Hl}. pau:.i <br />tv lkllf'()-we.f; U the Pr4.).~t) 1->' a~l...J-v";tw:,J h~ livff\,)-\lj,c:. ,-'1 d !X;fH,"'-t :.llj'~ h,l H:Ji,pumJ h) L(:iWcl" wHhul 3d dOl)'.) H,.HU the- <br />~.te- ~ 1$ rnai1ed by le-nde-l to ll(.\Hvwct thd.~ the I!1:)UL.di....C ..:....n..;.i (i!fCh ~C' ~ll~~ .t i..:Lun; fur Hl:'Uran~c h~ih::j)h, 1.t.'ra.1ei <br />is. AUthot.i.led to ~~ and awl), the- Hl.sy:r...ll\;C. rr~'"\.b <It 1 ("nJ.cl'" ""i)ti.-t)f} cn.nct {u ICMVl>JHon OJ: repaH 01 the PTl)l~ny <br />or to ~ _ .e.c'UnJd by lbi;:; Mortp&>:. <br />Un.k:ss Lender aud. ~To-'Wet. ~'\thc:,("J.~ ~H."C in ';l.nung.. ,;i!i} ;..u,,-.h .ipplH.:.:l-H\).!1 \11 f.'hr...:ce~ to prHklp.ai ...h~i-H nut c\tcnJ <br />or postpone the due date of the mt..l-fHh.ly ifi!:i.taUmi:nh rc-fcncd \\! III P";\f3.sraph.'5- j ....nJ 2 h(;,re\'~1 ut .:.hang.:: 1h~ i.lfnnuHt ot <br />web iadallttl.eol4- If uuder palillf;:,t,ph is he.reQt the PI0~H} I'; d-<..:.,uift:d b} IxnJ('f. aU nght~ tilk a.nd lnlcre1! ,.4 Boal',",,'~t <br />in ind tQ MY iftlu..nu\,~ policies- and in and {v the pn.);:ced5. tner'eo{ n:s\.rlnng frum JaH\~8C to the Pnjpert) pri,}.r h) the ~ale <br />or ilOi~tion stun pau t-o l,.enOOr t~1 the -t~\!cn! \""f ~r-..c ~-um,') ~-\:ua.'>d h'J th{~ \'h)ftg.a,gC Wlhi-CJ1;tidy pnor h1 ~u('h :"~l.h-..~ QJ <br />~tion. <br /> <br />&. p......'.dolo ud )....._e of P~rt>; L.._bulds; t"",dumiJ>ium~; l"la..llt'd b,.. l>e\d...._..l'. Hoc",,,,, <br />shaU.~.. tbc Pr~ny in 1:-QOd. repair and ~h-an nc-t l,:Omnll.t 'wa~t-c U-l' pt,rnut imraH'm~.ni ",r J.et~rklrj;1WH (~f tht:. Prupeft) <br />a~ .311 ~~}' ,,'ith tbt: pro:vilious ,If all') i-c---ast If tbh Mortg.rigt:.' I" i\-lI i~ ka::ii..;h,Jki If thh \hntgid,e::e i\ '.'0 d uni! Hi -l <br />c~iljllm or 3"ptmned Ul'lit dc\'do-pmc-nt. 8(Jtfo'-wcr ."hall ~rfflim aH ;)1 B(Jrn\"'H'-r': l..hhg..J.t;\~n:io unJ'{'I lhc (k....:L~rJ.th}n <br />ot' vo~ t"ftatlQ& ()[ .IOv-e:min-i tilt' J.:l.-mdorn:mwm 1.).f planned \inH dc\'dup-mcilt. the b-y,law'j ~nd rt.g\.lid.lh>~II\ ,,~f the <br />~i~ or p!~ unit development, ~Hld ;,;:'on3.titu~nt l,kx:umeHh It 3: \.:-.:md..uuHHunl vr pb.nn-cd \!rn! .:k\\.'h"pmcnt <br />r~ u.,~~ b)' ~Oi4:-e1 and fU4:0rded w8t,lheI \ldth ttU!J; MU.ftg4g'C. dl:\' ~,u\:(nanB, ~.mJ ilgn::-t::fU\:'nh >,t ....,th.h !Ilkr <br />~~.~,.,i...~ ..o:and ~ iU\lt'ilU 4H-J supplenu;:-.nt tilt ;;,'u'.-e-natUs iHhl itil't;('nlcnb. \..f ,hI:" Milngaitc <t~ d !he- nJ~t <br />~.pal't~. <br />1. ~. 0( ~,~UI'ti'1-'l if lklfH"r\\-.-tl bib w ~rtonu ~he I:o-\"cn.a.n~,~ anJ agn:~.nH~nti\ 1,,-<Jntaul\:d m ttu.> <br />, _. tif;til-\fi tit ~UWUl i~ Ct;~I\Ce\l ~'hkh mal'e,riaUy JJtl(;~lf\ t-coder'!.. intefe~! in tht~ Pn.ltk'rt), <br />~~ to.. eminent ~n1- in.w:fv-ency. \:"-~ ('tlft"!f~~JJlenL, rn ~lrr-Jng~nf-e-.ut~ (If ph.:K:c't'dlng~ in"\~I'l.ul8 }) <br />'_'. ,_,.., t~ ~ .Il..e~rt~t option. \lpO'O l\\.'ltk:-t.1H &tfo~-er,. ~a,j' m;lk'C \s'i.~'h_ appea.nUh.~t>'!L dniburi<ie ~th.~'h <br />~.lIl!4ld.\\ n1tti ~ '" U ~:I#r)' I" ptl>l",,,r l.ender', l1'llt''''1. lnclwj"'ll, \rut tiC! !hmled 1<" Ji.bur,c"'ltllr ,,[ <br />~... ~" ~ lUl4. tntr)'. llpl\lJ llw Pn'll"lny Ie'. !nilh rep"i!< if Lender ,equire;! l1'l"'Ig>.ll" h"m"1Ke " " <br />~ ,(lf~1I the mil, _,~by tbitMOr1$lljlt, ll....',n,",.r ~hal! r")!~'" prenmrm' reqUired H' ma.in!..", ""h <br />~~ ~ ~ tmtB $t-lC.ft ~ " t~ requh:~mtnl t'('1T ~uch rn;$utan~ t-c.tn1ma-h~$ in a{~,u,tdan\."-'t '.nth a~)Hn\"tt;'::r'~ and <br /> <br />