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<br />83-004725
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<br />LJslfnRM COVE;-..: \~T~. Horrower ;Jnd Lcndr.:r coven.lnt and agree ..s. f,-,lll)\\,'\:
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<br />I. Paym~nt of Ilrindpal and IDterest~ Borwwer ;.,h..tll promptly pay \\.:hcn due the principal (If and mterest un the
<br />indebtednCM cvidenclt-d by the Note. prepayment and l;lle charges a'i rnwided in the Note, and the principal of and inferesl
<br />on any 'Future- Advances !S~l.lred by thi:;. Mor1g.agc.
<br />Z. Funds fot Taxa-aJ'td InsunlR~. Subject tn appticablc law or to a written waiver by Lender. Borrower s.han pay
<br />!o Lender on the d;..iy m6nfhly in"ittiJlmcnis. uf priu<.:ip[ll aod J!11t::re~t arc payahle under the Note. until the Note is pa.id in full.
<br />a sum- (herein '-Funds") ~q\lat It) one-{welfrh of the ye.trly ta"\:c.. and as<;cssments which may attain priority over this
<br />Mortgage. and ground rents on- the. Property. if tiny, plus oneMlweffth- of yearly premium installments for hazard insurance.
<br />plus,one~l'welfth of yearly premium'tnstalJme,nts for m0rtgage insurance. d any, aU- as reasonably estimated ,initi'ally -and from
<br />time to time by Lender nn the- basi~ of >I!i~\tSSmcnts .!nd hill" and reasonable estllnates the-reof.
<br />'TIle Funds sh:i:lJ be helt! in an InsliHltion In.: deposits Of .H,;:counts ,-)t which are insured- or guaranfeed by a, Federal or
<br />slate <:Igene}' {induding Lende-r It Lender i\ 'illeh an instJlmio-n). L~"der !ihall :lPP;Y the Funds to pay said taxes, assessments,
<br />insurllncc premiums and ground rent-I;, L~nder may nut charge Ivr SD holding and ..ip~ying the Funds. analyzing said account.
<br />-O( verjfYHl~ .md c-i)mpil1ng s.:.licl a~,.ments and bitt:.., unie.'l\s Lender p:l~-'~ Borrower lnn'-rest on the Funds und applicable Jaw
<br />permits under -to make x.uch a :.:ha:rgc. BOff{;Wer and- Lender rn;:~y ;1gr~~ in writing at the time or- e;l(eclujon of. this
<br />\fottgagc lhat interest un the Funds -..h3U ~ paid [0 Borrower. .:md unies'S such agreemeOl is fll3de or applicable law-
<br />requires ,~ucb _int~r~.:n to he paid. Lender ..,h~ill not be r,,~uircJ t(~ I' MY Borrower ~in~' intercst Of earnings ~n the Funck Lender
<br />..ha.lI g".o,: to Bo-rrower, \HthoUl charl!e. ,;11 ;wnll,d ~i..:c\)tJntin,g- 'Jf the fond" ...hOWltH! ..:rc-dits and de-bits to the _Funds and the
<br />purpos.-e- lor 'Whl;;h each debit h) the' FHnJ~ v.a\ m:uk, fhc" hm_ds J.re ptedg~d as -additional security {or the sums secured
<br />hy {hi;; \I,ongagc
<br />If the amQum ~Ji the Funds heW hy LCllJcr, t~jgefher \\--Ith th-~ IUt\)fc monthly ln~f,ltJments of Funds payable prior to
<br />(he du~ dates nf ta.\l...':S" .I!';.;.e:s.smcn1s, ;n.'mrJ.ncc p-r~mlums and gn1llHd re-nb. ",haU e,\.cced !.he 3.moum required to pay sald,-tax.es~
<br />itL'liCSSIDenN, ins:unm.::e prt;;miurns- ,~d gruund n:np, .J~ !_hcy Ldl Ju~. ",w..h ':\-';:t:~S ..hall OC. at Borrow~f's option, either
<br />pr-ompdy repaid to 8ormw~r or o;;rcdlfed w Ihlrn.1wcf ~m monthly m\l;djm(;nl~ llf Fund.... I( the :Jmount of the Funds
<br />hdd, by Le.nder ...hail not be sufficient to pay ta\c~. ,~es.sments, ln~tlrani:~ prcmillms and ground rcnL'> as - they fa]1 due.
<br />Borrower s.haU -PiJ.Y to Len.der ;i.ny ;tmmuH i1-t:ct:....san to make up the dc-nelen.:-\' ....Hhm 30 J;:l:Ys frum the- date notice is. mailed
<br />by Lender 10 Bmrnwe.r rcques.ung pa~-mcnt 1hcrCtli
<br />Up-on paymcm in tail d aU iroum-; .;.C"'::tlfCd 1)\' HH' \Ion;:;q;c. I .:m,kr "hall ~H{lmrtiy r(.~tund 10 Btwrt)wer any Funds
<br />hclrl by Lemler. It under p.aragraph 1:.; hcr..:ol Ill.:- PrfJpcn \' J, ,uk!: ~lr lh.:: Pf\,!JCrt\ 15. ._Hhl..'T',vt..;.e .h.'4tUr~d by Lender, Lender
<br />~ha.ll ,lpply. no bter rh:Jfl: mlmcdl.~ltd\ ;l/'nn :,) th:~ ',lk ,_\1 111.: Prnpt:rl\' ~)f I!" ";';i.!.Ul~ltlon My Lemler. anY Funds held by
<br />Lender ..H t~ tuue ,,~i .,pphc:i.uon ;E. .1 dcJll .l!;iJ.Ht~1 ;tl.: :ium., '1....cur.;;:d hv jh..... \f('rtg~,gc.
<br />J. t\pptkatioa uf PayDtfllts. 1_ d,:."" _lprl;....at~t-c "1\\' rrp\'hli..~ . 'I th.."fW 1<'1..'. .;I! [';n:mcnt~ r...'\.'Clved by Lender under the
<br />~HI-C .lud p3ragf>tph~ i ,1od 2: h:;n:-'...ll ',r1.,l! fl.\..'" ,lp;1i1t:d h\ ! ,~mh;r li,.,\! :1', ;',!\ men! \'{ ;.HHtlwHs pa\'ahk h~ Lemler l:ly Borrower
<br />qnder paragr3ph :: hCn'!-OL then w ;r:tcr~';,r i'~i.Y,thk <.';j ;,11," ....;,'It. Jfl\:n~" !,~,,' l'l"tn':lp,ti ,n the ~\,{~. ,md {hl,.~n tn interest ,;H1d
<br />p-rm":lpai \>0 ,wy F~jlure Ad\.f1\.~~,
<br />..l.. Cltaq:n; Lkm. H~~:-;\J\l.-e: .,h.dl i'-l~ __I! ",~~ ,.,',...:""n1\'nh nJ dlh.' ~hM!:'::". J11ll':\ ,.rh.1 lmfh-"ntHn~ :JtHlbutable to
<br />the Pn)pcn\- \-~<ht-.;b may .1!t::un.1. PtJ(~~Hj ,'\','r 'ill''' .nd lc.t"\t."u,li'_l p,,\mt'nh ,If ..;rol1nd ren1... if any. in the manner
<br />rro'dded untie! p.lt\1g.r-:..ph:: h,,;rcd .'t, r",,! r',!l,j ,,, ;IUHfll.::_ h~ H,'~n~\\.l;1 m.:J..IOl: ~)a)m~nt. '"~hcn due. JIn~cdy to the
<br />p;.tyee !hcr":('f Horro\,\-'-\,:,f "hall j1rv!"np~jt.- lur~!'~n ',t I -":,hl~'i ,Ul ".q,,,c,\ ,<1 .llllnl.~nh dul.': l!nJt:ir th", paragraph. ..-\nd in the event
<br />Bon'\J","cr ',h.dJ m:,d,,~ p.Jymettl Ji[;,'-..'th B''lfl'''''''i q...lit i'Ti'mpl)'. 'Irnhh '.' i....'llJl,;r ;~~;;!.:'W-h j.'\IJcnt:.iog )l.ll:h p~lyment5,
<br />BUfrU\,\'Cf c.l--u.ij pfvmpli;: j.....:h.tf~C ,~n\ :!-<:il ',~!11".:~ .n ;,:.t'ltt~ \,'J ~\l" \!;lflbag:~; j"lw\"tdt:d. :h..lt BOrn_1W\1f "h..1I IW{ be
<br />lC4Wn:d h) Ji~h..I..~-e .en\- ~,\Kh ilUl '..1 "'~J~ ,~ 1-\,,,,,,..,,:1' -,h.lli ,-;1..:'; j' '",j;;:;: k' [h~ !",l)I1lCH{ pi the ,}hilg;l!i~.lfl ..ccurcd. by
<br />,",u..:h l!I:O _m oJ fH,Wllcr ;l,:;;..\:,pt.tml: .';' L.:n-dt:L ,-J ,...>".<J ..\H,l\..'" -;i",ll );;;n t'\, \'1 dClCrl\l \,:nf~}rt'l.."mcnt 01 ;,)\ll.:h lien in.
<br />le.gitl P(\~;;;-;:;\.il:Hg'" whn.;i~ 'i.~!-.l:l: -;,-' pn:.Ull '!i"',-"'.:nh'!\~ l\l:r-.:-l;,jf<'; ,_;j ,hi: Pr~;p;;:;"y i.'r ,my p~n therecf.
<br />S. HaU<<i lfUotinllW<". H...~n'l'';.'',"'r .,11,.jl l.":"l.'i' -t \,' i-:l~-.,~.",....H\,'I.i' 1:H' ~oH-,i'i!g ,_q ll-<:h.'.ilt>:r ...~;...d..:Lt t'll the: Pr.1p\.'f1Y Insured
<br />...~aUl).t in\~ t>,- hrC'. hiJ;lani'!> Hk.Hh.h.:U ".... ,01H1 lhe ;-.::nt' _'\.kn-<..h...: ...,'-'~';.i~i: ,,,~d ';~lh <'>the;: b.Il-.:.IrJ, ;1" L.::mJ..'r may require
<br />.inU In M:,,:h ..dl1etH!i); ..l-nJ 1'...1.[ ...~~-\,j'1 ;:'~:ii'''.i.. ,;~ i ':hci<.:t :q'l;i~', < ,'\\\,h:-,: ;:1,;.\ t_,.;n.kf ,hdl' tl;,\{ !.t'y;l!n~ that fhe iiOlUllnl nf
<br />'>-1.1i":h !.'l.J"'~fagc c,\.:.....nj Ht~tt ,~nh.'HlI "\\.."C";'.' , t.}Wi ';,\ gl~ ,,',:l'l.:J h, i~,(, '\JOll~,tg.-.:
<br />lbe in)-urafK~ ..,UOCi' phJ\'HjJn~ lht.'" 'll"'\'i ..,fh.'~ ~h.:;! t"t:' ~ ~;<y,.~!\ h H,\rt\.\\" ~'r "'uh!~d (f' ..lpPIO" ,!i hy 1_~nJ~r; prOVIded,
<br />tnat 'Heft J.Pf'r.:...--v.-.oj -:.naJj f\(,t P-~ ;,_nfl..~~'>(iH<-l[il\- -,,, Hilhdti \i; p":rYHPln,, ,'n Uhl;i .tii>.:1.:' p"hdl'.. ..hall VI..' I";ud iil the manner
<br />pf'i~Vhj\.~ l.lfld.cr p.lragr..p_h :. he:!,....H ;..If, ,i iK': {"..lid ~:; ,,-,,-11 n;,U)\'l."j H.'::il,'\\.a mJ.~lOg p4~mcnL whl.':ft Jue. dICC\,:t1y to the
<br />mwraooec ..:arner,
<br />AU iO:)iU-AOCC ~x1h\:les, .,1.l1d refit.'...,;.,. Ul>:t;.",'l ~h,!,' :",. t,';il; ~'-"~'l,d'k [,-, I '~'~~'K'l -lnJ "h.lll Hkj!jd~;! "LwJi.lrd mt.\rlgage-
<br />dlJusc- Hl r'a'-\.f ,'1 ,tfl\j ,n {"ff11 4~-.;~pl.ir-k id t l.:lhh;1 I \,.",-,..'f 1;.1\ ~ !lit.' i q;h! ;'.' !h1iJ lh-.: p.)li<:l":-_" .lnJ r<:nl;v.ab thcn:ui.
<br />:.lnd B()H~"'4(:r :\<h..di pT..)mpd~ iiif!H~h ;t' 1 (."nJ~f ."-';":A.~! n('ll~":,,; ,;:al 't'~'':\Pl'" ~I] p..lld rn;:filHiln.... In fhi: c\-'.:nt of 10s\.
<br />llorn~w~r ,h.dl g,\.(' pn.m\pl !Iv!....... ...,' :hl? -l~~U; ,l!"~>-: ~,lHII.'! .Un1 i. ..-:1\.\1,:1 [:.:n..t..;.' m.J~ m.lt...\," P!,\"ll \)1 il}\"." J1 ll:i1l madc promptly
<br />0)' Burrt)Wc(
<br />Unh..~ l-cnJ~r J.nJ 8(Jri~Y;,\"l;t ..thl."l'\.\l'!":- .;1..:,\:".... ,'. .,..r;!!n~. jfhUl.JiIl..;'; i)fl.i-":Ci,.'"..1" .,h.lll be ..l~'plied h" rC-~hHation ..Jr repJ.lc of
<br />tne Pn~ny Jjlmalcd, pf\)"i~J ".~,..:h fC"'H.H.J.~H'n l._"! l\~r,H; ;'r- ~:;..t~Ht"ml~'.J;h It'.1,,I!)k ,lntl thL' :\c.:unl)i uf Itw~ .\lortgage h
<br />l\l;)\ tMteby jm,P4!r~d, It "t1l.~h fc'!>tl...\f,HH.'O Of h~p..Jll 1,\ ;1l-\ ..~""Hhlnlh....;h kJ,,!;-ih: l.lt d Ihe "-"l.:\:rH\' \,j thl<; ~lottgagc Wt}uld
<br />be :mp:Air<<i. the m~-l.Halli:C ptu-.:;~~u~ ...nota b--c ,~ppl:~,j {;:) H1~ .,uHh "''''':;,:ul;;d n d~l"" .\hH'1.g..lg~. .,\fill fh~ C\,~..;". if .1n~.. p.ud
<br />to. 8off,)\,I,'('r. It l~ !tf{)pcn) i') .1banu~~n~J t"t~ !-kHth'H'i ':1 H...Hf..'.It-t.'f Lili'> i,. fG'>p;.-.nJ to l.:nJl:f wlthw 30 J.1}S rwm the
<br />Jat~ ooti~'e-l~ m.:uied h\' Lcnlkr It, B..u'rO\lq::r lh_.t! lilt' ~n:.Ul<ml.:~ ,,""ilfl~r .do;?f:;, h'_ ~t:Hjc .i i..i,lIm fur llhunU1CC- hendih, l.ender
<br />l~ a.U(ftor-tle\1 to ,,;;t}Ho\;l.anJ. ~p~y 1hc: i-n~uran~c pr~~'<<-...t:!. ,Jt L"'~h.h:(" ,:'pll-\,)n ~Hh~r 'i0 rc.)t\JfJ.tlOn 0i n:pau \)t the Pf(~~ny
<br />j,)f tQ the swns ~';:U(ed h) i:lus Mortgage.
<br />Un.~ L~f and Borr,)"(:f ,'thCf'\l~ .ii5)\:C \11 .q.tlny-, ~\.fn -ll;.O ~Ppq::~Hon ~)i pH.~c,Cds 1D prllll;Jpai ..,naif ntJ{ t'::\teno
<br />of ~ the due Jale: ..Jf the.': m~.lnl..tl!) ifhla,!i-;:nen{~ ~i.:krf.:d ;" In p,u~grJph" ! ;Jf)u :: hcr;;vf llf .:hangc {he ,Hllt)llOt of
<br />~ i~l~(\tx_ If Uit\.iec t\llraJ.:.aon i is hereol th~ PrnpcrT\' ,:> -.li.:'1t:lfed b\ L~nJcr. .jil nghi. otic and InlCfe.st ot Borrower
<br />in ~ It) an~ HUU(.U~-C POhCl(!$ ;ud Ht .,l;_nd \\.,1 the pf\.';\.:~~~ th('rCi)! l-t.'~L\!ting !wm J,unag~ 10 th(: Prop<'(ty pnor to the sale
<br />or- ~won s.h.H _paM to Lt:ruJu ~u ilk t:~\.ti;;Llt llt the "Ul1b ".;cur.:J h~, ,hl'} \tnrtg<Jgc ,mmcl.l1atdy pru)f h" ...uch )aie Of'
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<br />6. PneIen-"'_ aM ~1~--e ut Ptopc'rty; LL-aM!ootds: ("oodonuniun~ PlantM!d Lnit l)en'lupmeol$. Borrower
<br />shall keep- the Property in good repair and shall .l.1VI .;pnunll wa~i:C or perron Hi1pairment or delenQrauOn of the Prope-ny
<br />-and. $~t comply wf_lh the pro\'ts.~(.1I'lj, -of :llny ~ II thi;. ;\'1on~.!-!i,\.: I, pn -I i<.':>I>o:ih)!t,i. l! !\w;. !\tortgagc IS ..:m ,I. unit in ..-I.
<br />c'~ ':-If' ~ i-"ia.n.ued unIt devdupmcnc BOlr.:_~Wct :.-hiiH p<rtufin .ui ,,'\-{ Born"we:r's ,.'lbtlg.lthms l1uder (h~ declaration
<br />Of i.,:O\ICDanl4 i;rutlDi 0-( tld~nJt\'g ~ne ,~mt.k\JlllJlHjm ~ll' pt.tnn~d tmil Jt':....t'h~pt'Hcnt. the by~la'ks ,mJ reguialitms of the
<br />i,,~~um 0(' planned unit de:'leio-pmcnt. -.l,ud "'iJo~liIUCiH t.hx.:;um":I1I50. if it ,;c~lhjomt'HUm ,,)1" pianned Ullit ucvciopmenl
<br />n..- d ~ -by Borrower atKi rocQfdcd h.,lg(.lh~f \A'un lht'i MOflgaatc, the ":VV\':H.JntS .ind J.t(fcCmCnlSo lJ! sll~h nder
<br />.,Mi bI-,~~:'-i8tO'~ _iobaU_~ "Iud '$.Uj)ptcifw:m .be \;o"~c-tk&n~ ..uR! o.tgr\.'CI11CHh Of thl$ Moft3.aJ~ <t.:\ it the ride-I
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<br />7.. ...........~oI-~1 s.c.no. It BOfTOUr<'f f.ub tc. per(orm the \,.":Qyt,nanu .UlJ <\)J;h::emeuuli ":'-1Jntained :In Ih~~
<br />~~ Qr if- --1'_-~~ iJf pf~ It ,,'{'!mn~t)Ce4 ~hkh miJ~ri.aUy ~I.ifects t.cntkr'-s mterest 1n th~ Pn'~rt)'.
<br />~, but nd' limited to.. ~4\t -dumain. IMQJ\{C-I\CY~ ~~ 'tntOfCtlUCm. or Mtiln'ftme.nts ..~r i't'tx-<<d.ing, involVing a
<br />~,or ~~ rbet. t~ at l~r-'\ Hpr,~~U. up"n jU\l~ lQ !k)(f(,l,o,-er, ma.'} make si~h olppt:;U':H~t:~, Jt~bur,~( .sw.:;h
<br />~\ _,-~_, ~.. ~l_- U ~ ~)'_ {~ p.rote('t L~f'l' ~nt~'fnt,_ indH~tin.g, bl,l~ nQ{ HmHcJ to, \.h~u~mefll ~)l
<br />t~_~'$:_~_~ ~n-u.)',-~ l~,PropftlT)" H.;)_ffi6k'it Np.i'lN, l~ f..u}~_t f-L"'1uued m(if(j:a,~ ifThur"n~e A' d_
<br />;;:,~~.;.tf-.o~-thf:-~~ -~lUW,h)' tw-,-MQ--rt~, a.::,rrmllo:-t:t ~haH j:}~Y lh< pf~ll'\tUm$- NqtHr\~ h~ maint-llw -s.u!;h
<br />!otW~ --i~_ t~1 \:mdl _;,v..;l1 ;~ >11- ~_hi;_ ~Uf('#lM~t f(ff- f.U\:.h }fi:wr....n..-;'~ t~-n:fl:;\U.<lh;,:) In ~~,,;:<.~vfd~XKU w-\lh B{1rn~\%-e,r',.. and
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