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<br />UNIFORM COVf!NASTS. Borrower and Lender covenant and agree as follows:
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<br />1. Paymmt of Pri..dpal aad I_rest. Bormwer shall promptly pay when due the principal of and interest on Ihe
<br />indebtedness evidenced by Ihe Note. prepayment and late charges as provided in lhe Note. and the principal of and interesl
<br />on any Fulure Advances secure<: by Ihis Mongage.
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<br />:t. FlUIds for Tues and I_nee. Subject to applicable law or to a wrillen waIver by Lender, Borrower shall pay
<br />to lAnder on 1he day monthly installments of prindpal and mlerest are payable under the Note. until lhe Note is paid in full,
<br />a sum (herein "Funds") equal to one,twelfth of lhe yearly taXes and assessments which may altain priority over this
<br />Mortpge. and ground rents on Ihe Pn)perty. if any. plus one-twelfth of yearly premium installments for ha7.ard insurance.
<br />plus one-twelfth of yearly premium installments for mortgage lOsurance. If any. all as reasonably estimated inilially and from
<br />time 10 rime by under on the basis of assessments and hills and reasonable e:<timates thereof.
<br />The Funds shall he held in an instituli0n the dep<)l;lIs or aecmlOts of which are insured or guaranteed by a Federal or
<br />stJIte ageflCY (including Lender if Lender js such an mslilutlOn). I ender shall apply the Funds to pay said taxes, assessments.
<br />insu1'allCe premiums and ground renls. Lender may not charge tor so holding and applying the Funds, analyzing said account.
<br />or verifying and compiling said as.sessments and hills. unles., Lender pay, Borrt>wer interest on the Funds and applicable law
<br />pennilS Lender to make such a charge. Borrower and Lender may agrec In writing al the lime of execution of this
<br />Mortgage that lllteresl on Ihe Funds shall he paId 10 B0rwwer. and unless such agreemenl is made or applicable law
<br />requires ;'UCh interest to be paid. L.e,nder shall nor be reqUired to pay RCfrrower any interest or earnin~ on the Funds. Lender
<br />shall give to Borrower. without charge. an annual accollntlllg of the Funds ,howlIl& credits and debits 10 the Funds and the
<br />purpose lor which each debil 10 the Funds "a, made rhe Funds are pledged as :<dditional security for the sums secured
<br />by this Mortgage.
<br />If lhe amount of the Funds held by LendeL "'gether witb ,he tuture monthly ",stallment. of FIlllds payable prior to
<br />the due dates of laxes. assessments, insurance p-remmms and ground rents. shat! c.\:ce.ed the amount required to pay said taxes.
<br />Msessment5. Insurance premium'S and ground rent.. a"- they !all due, \uch C!l;CC5S shall be. at Borrowe.r'S option, either
<br />promptly repaid to Borrower or ereclued to B,'rrower ,on mHnlhly ""tallments of Fund.. If lhe amount of lhe Funds
<br />held by Lender shall not be sufficient to pay ta'e,. asse<sments. ,,",,"wee premmms and ground rents as they fall due.
<br />Borrower'ihaU pay to Lender any .anlount nece~'ary h) Ill;lke up the dctklcncy WIthin 50 days from the date notice is maHed
<br />by Lender 10 Borrower requeslmg pa~'menl thereol
<br />Upon payment iO full of all sums ,e<cured os ,hI> Mortgage. ! cndcr shall promptly refund to Borrower any Funds
<br />held by Lender. If under par"Sraph I R here(\f the l'ropen; " ",Id ,'r ,he Property" otherwise acqmred by Lender. Lender
<br />sha.H apply, no later than unmediately prior In the "ale ~l( lhc Property or ifs ,KqwSJtion by Lender. any Funds held by
<br />Lender at the hme .of apphc.atlon itS i-i t:re-UH agamst the sum... .,ecurcd by thl\ ~:fortgage.
<br />3.. AppIkatiou of P.ymeut5. Lnks..'\ apphcahle law pn'<\'ld.es Gthcf\\1t'i-c. .iJi payments re~eived by Lender under the
<br />Note ;lnd paraBrapns t and 2 hereuf ~haH be apphcd hy L<fH.k~r hr<>t In pa;,rn!..~nt of amounts payable to Lender by Borrower
<br />under paragraph Z hereof. then to mtaesl payabk: nn the 'fHl~, rtwn {{) [he principal of the Note. and then to interest and
<br />pnn<:lpal on any FUlUre Advances.
<br />4. (~barces: Litas. B-OftOWCf shaH pay dB I,l_l"l':.. .l\~e'\."ments and t1!her -...:harges, tlnl!~ ,lad impositions attributable to
<br />tbe Propeny which nay attain a pnonty over thl~ Mortgage. ~'H1d !c-aseho-id payments or ground rents, if any. in the manner
<br />prOVided under paragraph 2 hereo! or. d not paul 10 ~U-dl fHM.n-Cl'. by H1..irn\\~..t:f maluog payment. when due, directly to the
<br />payee therroL Borrower ~haH promptly fUfni'llh to Lender itH nOt!Ct:-S t't ~tmOUm~ Jue under this paragtaph~ and in the event
<br />Borrower $haU mak-e payment dnccth-, tl()rrO\-'i-\~f ,haU pftlfnrHl) BJrm:>h tn Lender receipts evidencing such paynlents.
<br />Borrower :shall promptly dtscha.rie .<toy hen ",hKM. has pr!o-nt\ (H..t.~r t-l'HS Mortgage: prO-Vt-ded. that Borrower shan not be
<br />r-e,qulf-ed to dtieh;u_&e an)' ',.u;,;h lien ...~) h.wg ;;~ ik~rhYo\-tU ...hail ,)r:rc-e !1~ \q iling to the paj'nu:-nt of tnc- nbhg:ation see.ured by
<br />!\ouch hen m .. manoo-r 1\CL';Cp:tiibic- to Lc-udec p( ...h,ail In ~m0 LH~h ~:.~lHtC~: \;1...:0 hen Py, Of defend t"nfon;eme:nt of such Hen in,
<br />legal pn:)Ccedtn&~ wtuch f~pet;:jh: h) j"'r~Ji't'nf !h-c cH_iun.::em-cnt nl lhe lH~n ..1j ft)rteHt,lfC u( fhe Property or any part thereof.
<br />5. Huard I~f'--o BonOW("f 'i.hali keep lhe Hnpfi.~"'-I;":menh fW\\- C\l-:-.tHtg t't hereafter ~rccted <m the Property Insured
<br />J.gain:$l l(m hy fire, halMtb tndude-d v"lthm the- term 'C\fcnJ-t:J "I;"na~t; .iH-U 'iuch i)thcf" hill-iHds a~ Lender may requJfe
<br />and In ~u"h .anwunb ..mJ. fOI t<.u...:h pcn-o,tl" ;i~ I ~ndCf n1d:~- T~'--lWn.~. j1fl....-jdc-J. {hat Lt'-ndcr ...haH not ret1utre- that the- -amount of
<br />such (;o\-"ctagt: -el\;1i..'"ecd that 4flkHJfH (~! ~,,)\-'~f4ge r~-'q:-Oltt"'tj fo Pl$'\' ~ht,;' "HOh -.c'(urc-d hy thh M-()ng~'ge
<br />The iIllUfillK:e \.:arnCf prQyld,w:~ fhe lfi~ur~1.n(.:c ,:-haB hl:- ...-hl.y\~n b-;' BOIf~)""'C'f 'iub;t:-ct 10 approval by Lendef~ provided.
<br />that 'Such approval s.h.aU not be ~mtc..,~.,....mah}y wuhht:irl \U pr~nH!.lUl' 1m ifl"lInH1C~ p{lllCl(:~-!' ~h-aU be- p.aid In the manner
<br />pn.wjded under paragraph 2 neteol (,;f. It not p.ud 111 '.Ui,:h m,.\tn!h.';~ ttj fk.rruwe-r maKing payment. when due. (hrectly to the
<br />Ul-1r-Ur-al'k.-"C carner
<br />.-\U msu-rau(c pt.)i-Kle~ and refl(:~i\h tf:ef.t':.'l'! shaH !.'>\: Ii! !,)f'Hl .~,,_;.:epl<1blt: h; Lender .U10 shaH !Bl,,':h:d.c a ,'\t.andard mortgage
<br />da,use in talro't.)-f ot And m fvrm j;t~.\,eptah-le hI Lc-ndel l CIUJI',,~i "h.;: \ hl~'q: the- fIght II' h,oid the pOti~'h.:S anJ renewals theri".-{)f.
<br />a.nd Borfi,...er ...halt promptly turm~h hJ Lendt:r i111 rt.'nt.~~,tj n~H.I~e), .,HJ ~fll n;!i..-elptli {)t pt\Hl pr-cmiuHl':l. In the event of loss.
<br />8orr~'d sha:H g1'''(: prompt IWh~C' it) the Hl-:;.lH.:Hl1.:i: ,.;iCOd .Jnd l Clhicl l.~-H\kf ro.t)- ma~c pf\)Ht ut lo..'iS it not rnadc prumptly
<br />by Bon-oweJ'.
<br />Unless tender JJlJ Borrow-ex mht.T\.lo.l'X;' .i~fl:(: ,n ;.\ ntiHg., iB"i-U: .'tll;';~ pn'I..-L"Cd.. ~hall be apphe-d to fes.toration ur repair of
<br />lhe Property dam,ageJ. pn,wi\"~ ~U~h n:.'.~ll,}fjJ,ll\\U I'!! !t:p~1ii 1~ \;,'I....mnmi.("t1h lC<hJbk .1-nd !he ~~urity of this Mortgage is
<br />not tbue-b-y mlp.thred. It 'StAh ft.~~tOt..Il!un 01 (cpaH t~ lhH l:u.HhHllh...tii:<, k.a.,-;blc 0f It the se"':lIflty of thIS Mortgage would
<br />be fDlpau-ed. tbe mwntni.'e ptO\,:ud:-; ..hall be ..lpphe-d to the 'um,~ '''~l,,:U"leJ h)' tru3 Mon.gage, v.-'Ifh the e.xces-s-, if any, pai-d
<br />to.) Bonower. It [he Prope.H-; t~ ,thaud-un~J b} HOU(J.CI. vi II fii.:lffPW\;,J I~Hb- 1;,) fQPOOO to Lender within 30 days from the
<br />datt nutu:;e f:i maIled b)~ t-t-nat:l 1(1 BCHttWCI tha~ the- H1.:;UL.li1,,;c- ~.:JH~~f ,-,fIef"!. Il~ ~i,'nk' it chum for IIburance benefits, Lender
<br />i$ otuthorilbd to coi~t a.."ld af~J the 111!tUfaiKC pB">-Ct.'e-d-l; ...if l cw.:kr.... opfj~m enher to f~tufataon or repair oi the Property
<br />vr to the ._ .""...",d by thl' Mortgase,
<br />Un..le:ss Lender and BOrlowe, o,thet\\j~ dgUX- in '..lo-f~tmg. .Hl:<- \-\Kh ,ipph;:':.lrmn ,-" pro~eed~ to }'lfHlf.:.-lp-a1 :,hall not extend
<br />-or postpone the dot: date: of the monthly m-~aUrn-cnh fdc!fCU hl Jl1 par:;lgrdph~ 1 ..tfUJ 2. hereof 1-..\-f (hangc the am~.HHlt of
<br />$-w;h inatalhnC-l\u. It unde:r pata.gf;.tpn is- hereor the Vrl}I)t';ft! :... ~t\;4wrcd [:~ L-c-u,h:;r, .ill nght~ litie and ItHe-rest of B-orrower
<br />in and to tauy in;.ufij.n~e poj--Icics and in and h. flkt pr{~ee.d.s. thcrtXH re:'it-U!::1I1g 1:\Hn J~tnl-dgc to the PrBp~rlJ prior to the &a!e
<br />Of ac-(jUJ.:i-tbOtl shaH ~ to Lender to the e'-ttnt ....r the )UJlh ~.c~ur\:-J t\;- thl'!. \1I.HtgJ.glZ- lOul1t:dlately prior h, :'ji.!ch sale or
<br />~tion.
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<br />6. ~.uo. lUlCI Maiate....ntt of Prupert); l.u>eholds; Cundomi.uium" Pla"ned Unil Dtnklpmt.nb. llnrwwer
<br />Wll Ucp t.w: Property in 8(k..~ rti)-Oilf J.nd shaH not ~(!:mmii 'l,.\-a~te PI permil :mpaH"rnent ot UcreltOTalion of lhe Property
<br />a:i:d: $haU t:,(wp.l) with the pro-Vi!ilona. oJ any tease it !hl:' ~lortgag.; ,'_," on ~l. h.~~..s(:h;.\!d. 11 !hls i\'turtgJ,gc tS on .1 Ul'lH In <l
<br />c-on.dcmmiuID Of ~ planned unit -de:vdoplTh;:nr. HOHl"};.\-Cf ..hail ped\,Yfm ;ill ot HO-rfo-we-I'S {jhhg<ltlon~ und~r !hc d(~daHUlcln
<br />or cov,oanu ',.r~atutC or g-u",ernmg the ~-_\HH.k'mUlwm Uf pLJiont:d Itlllt dC'\d;h.1t.mlcnL :hc by-L.!w''1 aUtl rc~,ul.:Hh)n~ or the-
<br />"~\fm -o.f p;b.ul~ !lnit ik\'ek){)menl. ~in.d ~()nstHue--rH Jc....~ufnt;:nb I! <.l. \'-;.,~nd\Jmmium o-r planHcd t!Hl! de"-elop-ment
<br />tw<< i$ ~:\ccuted by 8onoww' and ,r1X()rd~d It13C'thet ""'lfh tTH'l- Mt)Hga,gt<, the I..:\!\'cnlln{~ '-In-d agrecme-nb ,,)j ..u;.:h ndc!
<br />~ be, i~rAkd mt.(~ lUlU ib-aJl aJl\t."'nu and >:.upp-krnc-ni the nn~nanb ..lnJ agn:emcnb ,l-t dlL~ Mongaht~ .t~ Ii !h\.'_ JldCf
<br />~ lll'lll' tweot
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<br />7. ~ of u.....,,~. SKwrit)'. It BlJrr(,~",'e.r Ifni" !\) p>-~r(i.}lm t!-l-c covenants .'lnd <I~r~('-n:u::llt.l} i..'._!nh-uned In thh
<br />J(ot....tei- << if any .actiOn Vf pf(l(..."et<l)ns. i'i. ...-oo-unen-ct,:d WhKh m_a~-cII-aHy ;1Jf1.J"-d,'" Lentlef-!t. iUlerc~r in thl~ PhJ-perty,
<br />~. but ~ !imjt$d lU~ CtUt_t;fwt 4o--m.a:in. w'<.nh;'~IH.:_~> ,,:,x)e \<i1fot(,cnii::nL Of ,;\fnHl~Ctncn-h "f p-n:loi...~(hng~ Ifl'd,hmg a
<br />~. tJf ~~ lh(:(l L-ende! lit t. cnU<:l'$ Option, upon fH>Hc:e- h;,~ BUffuwcr, may ({lak.e -HKh olPPC_;~J-atl<.:e:'J. dr\huu~c ~u...,h
<br />~ ~ tue '1.1Gb a4~.K>n as, li r.w-,~t4tfJ t,,~ pr(l(~'I l..-elhj~,(~ 'tHe-TCSt. ;nduJmg, blJ{ not !mutc,-t h), i.1r..bhfs-cmeni pI
<br />~ altOfltell'"" f... ,and ctltry '-!'fk)(\ ~bc P-f;)pcrl}" io- HHlkc re-p-alf', it LCI'lJc:f j("-4Hirc'd rn(H~gagi' tn~ur..m\.'i' ,,,-\ d
<br />~.~ ut .-ft'fM.:ln" t~ U>4If.l ~urw b} HH~ M-01-1'iigt. 1kHh'-W{~r jhaH par lht" pn;.mium~ :x-quire{. t.:~ m-atntOiw 1I,.11l.h
<br />iNuf~ ift dlk1 tint-U ~\idJ tift)(: ~~ the r~tur~tQC;m fof' iluch Hl~ura.rJ..:_e tamlf~-flh;~ iH ;J\",ctndan-I,.T "jtt) 8-t~iL~\\I;~r\ ..md
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<br />83- 004133
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