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<br />UNU'ORM COVllNANTS. Borrower and under covenant and agree as follows:
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<br />t. Payatentof PriIId", and Interest. 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 Advances secttred by this Mortgage.
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<br />%. Ji'lIJtlk for Tau and Insut1Inee. Subject to applicable law or to a wrilten waiver by l.ender, Borrower shall pay
<br />tal..end<< Otltheday monthly installments of principal and interest are payable under the Note, until the Note is paid in full,
<br />a SUM {henoill "Funds", equal to one-twelfth of the yearly tases and assessments which may altain priority over this
<br />Mortgage, and ground rent. 00 the Property, if any. pitts ,me-twelfth of yearly premium installments for hazard insurance,
<br />phl$. _twelfth of yearly premium installment. for mortgage insurance. .f any. all as reasonably estimated initially and from.
<br />time 1<:> time by Lender on tbe b....i. of assessments and hills and reasonable estimates thereof.
<br />1"'btFunds shall be beld in an institution the deposits or accollnts of which are insured or guarnnt"ed by a Federal or
<br />state agency (including LendcT if u,>der is such an institution I. Lender shall apply the Funds to pay said taxes, assessments,
<br />ins:Ul'ImCe ptlmIiums and ground rents, Lender may not charge for so holding and applying the Funds, analyzing said acc{)unl,
<br />at verifying and compiling said as_sments and bills, unless Lender pays Borrower interest <,n the Funds and applicable law
<br />permits under to make such a charge, Borrower and Lender may agree in writing at the time of e.xeeution of this
<br />MortSJiP that interest on tbe Funds .hall he paid to Borrower, and ilnless such agreement is made or applicable law
<br />requites such int<el'est to be paid, Lender .nail not he required w pay BN",w"r any interest or earning. on the Funds. Lender
<br />shall ghle to Borrower, w,tn..""t charge, an annual acc'>lJlltmg of the Fund, ,h"wmg credits and debits to the Funds and the
<br />J'Ufll"l'ie for wbich "ae" debit to the Funds was made, The Fund, arc pledged ." additional security for the sums secured
<br />by this Mortgage,
<br />If the amount of the Funds held by Lender. to!lether "ilh the future monthly lIlSlallments of Fund. payable pnor to
<br />the due datu of taus. <L~t1i. insurance premIUm' and 8f<)und ren!", shall exceed the amount required to pay said laxes,
<br />_lJi. ,/Uurance premium. and ground renlS a' ,hev t all due. ,uch "xc"', ,hall he. at Borrower's option, either
<br />promptly repaid to Borrower or credited l<' Borrower on monthly in'tallments of Fund,. If the amount of the Funds
<br />held by- Lender shall not be s.ufficient to pay taxes. asscs.'i.(1'lentS. H1<iurat1('t:' premIUms and ground rents as they faU due.
<br />Borrower dJ.ajJ pay to Lender .m)' amount necessary tn make up the Jct1~tcn~.v withm )0 \.h,y~ from the date notice IS mai1ed
<br />by Lender 10 Borrow"r reque.l1nll payment therent
<br />Upon payment m (ull of all StllM secured by thIS M"rlgage, lender ,hall promptly refund to Borrower an}' Fund.
<br />held by Lender. It under p.oragtaph I ~ hcreol the Prnpen\ " ,,'jd '" .he Property" Nhem'"e acqUIred by lender, Lender
<br />WlI appiy. no loter than I!tunediatclv pTlor W the ,ak "r .he Propenv ,)f ,t. acqUISItion by l.ender, any Funds held by
<br />[..endc:r at the lime (.'ll applicatmn as a ..::redn aga.mst the \i.\Ull\ \(;,"'-.::un:d by thi'!io ~1ungage^
<br />J.. ApptiaIdoR of Pa,1IH-IIt& t1ni-es;.,; applicable iaw Pf(\\ hk"S- nrherwlw. an p;tymcnts received by Lender under the
<br />Not" and parallTllphs I and 2 hereot shall he .pplied b,' Lender tlc't '" p,vment f'! "mOll",S payable to l.ender by Borrower
<br />unde.r paraBTaph .2 n~t. !twn to mterest payabie i..!fi the ~OH:< ;hcn fi' tht~ prmcipal ot the Note, and then to interest and
<br />prlnc.pal on arty Futute Advance>,
<br />.... C.....;....... Borrower "htlU pay JH L.i\c..... ,j,~"-C'>-....ml~nh .jut! tIther ;,:harg('~" tine~ and lmpositlOns attributable to
<br />the Property wmch In&)' altam a pnont)' over thr' :\ioftga-gc. ~nd ica..\ehokl payments t)f ground rcnt~, if any. in the manner
<br />provided under paraaraph 1 hereof flf. d not p,uJ 10 'Such nUrHltf, b~ Borrower makmg pa~'ment. when due. directly to the
<br />payee: l.beteof. Borrower shaH promptly fUml\n 10 Le.l'aicr ~tH HOUC-C... oi ,lnlOunts due under thi, paragraph. ~nd in the event
<br />BorfO'Wc-r ~l make payment \.hrC\,:tJy, B-orro'\<\tt \haU pfo'mpti~ tHrrH'ih ttl L~IHjt:r receipt~ c",dc-Il.:mg such payments...
<br />8or:f'QWttf shall prumpd}' di$ch.arg1.: any hen. ....ht.(h ha~ ptl(~nt~ nV\:'f ihl'" \-1'o-rtgaa;e; pr...wl.ded. that Borrower ~h.all not be
<br />reqUI-n:d to d.:tsehargc: any s-<..tch hen ~(1 long ,j!! U.OtfOWCf ~h~IH ,i.gtec In '-'fHHl!l h. the pa}ment ~,~ the .,)bhgatiun ~ecured by
<br />liucb l.ten In a manner ac.(.~pt3b!e '10 Lender, (H ..hiiH in g(X,lU l~uth \:{lntc~1 :oii..h.h lien bv. \)1 lh:JenJ enlorccnlent .of such lien in.
<br />iqa1 proceedifllS which Opefate hJ prc"\-"ent rhe cnhJf\.;eU-WHI ~}! th;: J;t.-~n ',;1 hHh;:tlutc l)t' lhe Propeny (If till}' part lheroof.
<br />5~ 1Iazattl1~. Donowct !;.baH kec:p ihe Imph~\<~'menb \lp,,-,- ('htmg or h~lcaitl:r cr~t;t\."(t on the Pn)pcny Ulsured
<br />aaaJ.fiM ~ by fire:. h.i:t.lAfds HlC.iuded \~..dhm rhe ~Cfm "<.:Ht,"fhle,i 1...'\',.":iJ.g..; .:tJh.i ""w.;h othcr huurd!\ a~ Lendt;:r mas ft!qwre
<br />a.nd ~n s~h amount>> and tor \u~h peft\Xb J.~ Lcndcf m<lY ft'4U1fC. pr(!'oio1ed, .h.d l.cw...k:r ..hal! nt'll n:4~Hre that the amount of
<br />such -COH.':tage exceed lhat aJnou.nt of \.:.o\.crCije ft:'qwrcd h' p,;n lht> >..ufTI" '>(:"l..Hh:d h\ lhl~ Mortg.age.
<br />The lMutiU)!;.e \.:.afflef PH.."vJdws: the tll:SUr.ljKC :'\h.;lH be ""hn~n b)' R(!f(tYwt:r ~HbjC~t tp appf(tvaJ by Lender~ prov~dedt
<br />that such awn:waJ shall nul be lUue.asonabty .....ith~k1 .'\H prcJthum.... ~)n in~Ui i.1j'j~C' iliJh~le~ 'i.hall be paid In the manner
<br />provided u*r par-ili-rapb 2: oorwi ~a. ,t nvt vitta H1 .:>H\j) ffhtiHHH. b~ U\,rn..>\o\-cr mak~ng payment. when due, Jtfectty to the
<br />i.nsurance cartier.
<br />All Jus\lfat'l:(:4i'; pohc~ a.nd. rene'4ab. thcrCt)i Shdl1 tx; Itl JOHn ~...":t;pt.tbk tn tc-nJn ~HlJ shaH mdude a ..tJ.nJard mortga.ge
<br />(,'l.use tn favor ,of and In form a\:'\..'ept~bk 1(1 l.~ndeL I cnti~r ~hdH h~l\~ the light h1 hl)ld Ihe Pt)h'lCS dlhl renewals thereo.f.
<br />;a.nd Borrower \hall prom,pdy furuid1 to Lender it11 fCHC\\.-,.l ih"lH..:C..... ~HIJ d.B n;'~:~-elpt~ l11 paJd premHHn~_ In the C\ien~ of l~'\.
<br />Borrower ihaU 11\"C pnlfnpt .tl()u\:e hJ .he Hl.iJoUfJ;,ih.;.C ;.::arne' .tau Lcn..,h.:-r. l.cnJ\'~f iHd,) make ph)..i.)l \Jt l(~ J.t not made promptl,'
<br />by Borrower.
<br />Unlea te,nder and Bonowet" l'tthcfW.I'\e 4lgrcc in \H'tm~. !H\utan;;c phXC.(:,O:\ ~haU he apphed to restoration uf repair of
<br />the Pn>ptflY ~nlagc4. prIJvujed s.uch rC'i<turalll..)ll Of n,::p.;ilt .,. CI.:Vll"-IHU~J.Hy i~JMbk MHl the ~CUl uy of thl~ Mongagc 1"
<br />not thor-eb) tmpilfred. 1t "llw:h n:~Wr4t1('jf} or ft."p,iUr is fh)t .:.....Hl\Jnli...:.lH~ t!"~at..ihte I..H d the M:CUfl.ty of Ihi$ M()rtsag~ would
<br />be IBIpiaittd. the m~uralKC pro.;e<:<h shall b<: ..pph~J Ic' the '"n1> "'cur~J b~ th.. Motlgagc. ',",,,h .he e.'"~"'. if any, p.ud
<br />to .8orn.')we.r. h the. Pt\)pe.ttj is. ~hand(lncd ~~ 8orrnw'CL .'r ii i:lt..':H,(l\n:r f.Hb t..! fe~p..)nd to Lender wlthm 30 da)'s trom th.:
<br />date ootU;e: is matted by Lender tu Born..~wcr that (he iutsuran.:.:e ...-:arn;:r (~tlcn. 10 ),,~Hie .i i..'hum hn m~uraJl~e benefits. Lender
<br />u lWlboriud to c'Ollect and apply the lfl.>urOlI"''' "r",",,'Cd, at Lender, ,'",,,,n eithel 10 restvrahOIl or repair ,'I thc Propeny
<br />or to the _ """oord by t.lm M~,
<br />Unless Lender and 8t>rro,,"er ot.h.ef%l:~ aEFce Hi \-\fihn~. .:tD.) 5.u...::n apph\.Ation t~f pn...~ceds ti" pnnclptll -shall not c:\tcnd
<br />Of ~e the due date of the m(mthl; imtalJmcDh referred h) III pJ.cagraph,:>- l 4nu 2 hctc\.~( or (:hangc the alllo.unt 'lJt
<br />SlIdl inala!lmlmt;. If under p.uaBfiilph U; here.ol the P"'pert> " a';'l"lte.J b> l.ende.., all nghl, t,tle and interest oi Borro....e'
<br />in and to AU} i.mUlaJl\,;e policies and in and h,.\ the pr~et.-ds tht.Jooi rC:J.td:ing. !HUH damage to the Propcny prwr to the ~;ilc
<br />.of aCtl~tio.n shaH paM. to Lender to the -extent 1.)1 the ;:.urnJ,. ~ur-cd b,. tnl;:. M...Htgagc iltlm~l~td}' prior f(l ':\uch ~aie \)f
<br />llCqIIiIition.
<br />6. ~~ llIld M~ of ~rt)'; lx_holds; 1:....d..lDi...ulUl;; Planned Unit U",elopmenl1i. llort<"'w
<br />ililllllleep tbe. Proporn)' in good repair ;/nd shllll n..~ ",ommi, "<I:<te or permn impOllfmcnt m de.erimation of the l'ruperll
<br />and ~ I:Ompi)' with tooprov'isioru\ (I( /In) Ie....., ,f \tn, Mortgage" Oil "lca>ehold, It 1111> Murtg"se j, on " "'Ht in a
<br />(:on~l of << pl.anned unit dt'Ve,}ppnwut. Borrower "haH j.'1('rh1rm aU ~~( BorrnwCI.s \Jbbg.ith)HS under lhc dcdaruth.Hl
<br />Of. ~~ ereatiUJ"or govermng t~ .;:ond(mllOJum or pl~uwcJ unH dcveloprnent .!he p)',.law;.-. and rcguJ;.itl\)n~ ~}f the
<br />~, .or, ~ U'nil Oc\'.eiopme.nt, 41.Od ,;o.Ustit,ue.m dCk.:Um~lHs. If a ,,:l,,:nJoOiitHum or pt..mned llllil ,:h:\'di)pHiCnl
<br />.~)$ "~~. by BOtn..~"et and n~.cof.d tt"\gelner \,vah iht\ MoftSlti-c. th\'~ \.:(l\Cl'L.1UU ~~nd agr'Ccfl\cnh \\t 'itlch ndt!f
<br />~_~&led into and Wll amend and svppiemeut .he cu"cnanl~ Jnd a,r<ocOlen" <,t ,h" MongOlg,' a' d ,he "d,',
<br />..put.~.
<br />1... '~, of ~ ~~ H liofn..'.iwe..r fllih to ~rforrn the ~o\'c.nal1t..\ iHlJ a.s.n:eme.nb (lJnI.aHH.~d itt flw~
<br />< .!:It'~OtIt lIIl)'. .-uOO Of J>fO<;<<di1lll "c,'m1n<lnr...,d wllKh malerially ,,"oct<, Lende!'; IlllenN in the Propen} ,
<br />~: ~_ .~. ~~J.t~. ~~nl dom.ain~ Uls~lv:c'n:e-y, l:()d~ enf()f~'"CUlenl, t'J( 4tHnng~mcnb o.f pn.1Ceedjn~-s. .lflvt\h~ng a
<br />~ptClf~I., _ l.ttldl!tllt Letidtr', "Pllc'll, upon nolice lO 8ormlt'er, !\l/lY lilah, .u,1I "ppeal'a"c"", ,j"bursc ,,,.;n
<br />~ .'. ~..,'~.. ~ a$ b,. ~-eS.ia.ty tu Pf"llect t4mdtr\ tnk"n.~c indu-umg., btlt IT{).{ hm.d......d t;,~1., di,buf'.SC'm~nt ~l:
<br />~ ~.. .lCU and Wt:\7 Up''''' tlw .!>ropeny to lllillke 1"1""'" If Lcndet i1:<I,rire(1 ffiNIOt"1>e ll",ur~IKe ~, a
<br />~tioo ot ~~ .lblIloilI! ._llfc4by th.s M!){IlI., &rn,,,.;r.ball ..~y the l',,,miums 'eoquIled t<:J n.Jllnta", ""h
<br />~ ill ekt: until ~h l-Un,e as, !~ req\;,.i~m.tut f'br suth ImuraMe t~.rrru.n.ate~ III M'con1aJt,,~e 'With BOfJ\)wt"(\\\ 3nd
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<br />83- 004079
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