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<br />I <br /> <br />83- II(l48Z') <br /> <br />UsrFORM COVm'4;"N]~~ Horrower ~lnd Lender covenant ami agree as follow'io: <br /> <br />1. Payment of Principal and Interest. Borrower shall promptly pay when due the princip;ll of and interest 011 the <br />IOdebu:.dnc!os eVidenced by the NOlC, prepayment and I:lre charge... a~ provided 111 the Note. and the principal of and interest <br />on an)' Future ;\d\'ance~ ~e.;:uied hy this Mongagc. <br />2. Funds: for Taxes and IflSUrance. Subject to applicable law or to a written waiver by Lender. Borrower shaU pay <br />to Lender on the day monthly in..;;ialhncnt<;: of principal and intacst ~\rt:' payahle under the Note, untH the Note is _paid _in- full~ <br />a sum (herein "Funds") equal !f! l.."1ne-twelfrh of the yeady ta:\.cs and assessments which may -attain priority over -this <br />Mortgage. .and ground rents. on the Propetty, if an}'. plus {1ne~lwetflh of yea.rly premium jnstaHments for h~rd imurance-~ <br />plus i)ne~lwelfth of yearly premium installments for mortgage ms-urance, If any. all as reasonably estimated initially and .from <br />time to time by Lender on the baSIS of ils.&es:srncnls and bills and reasonable estimates thereof. <br />The -Funds shaH be held in an imtitution the deJ'l.."1sj{s or ~!I':<:l111nt.s of which are insured or guaranteed by a Fedt:rat,-or <br />!ilate agency i including tender if LenJer IS I)och i!ll iOS.lilutlon). I.'ender ~haH apply the Funds to pay said taxes, assessments. <br />insurance premiums and ground rems, Lt'nder may not charge ior "'0 holding and appfytng the Funds, analyzing said account, <br />(lr verifying and compiling said a~se!',~ments ant.! bills, lInl<~ss Lender pays- Borrower interest on tbe Funds and 'applicable" law <br />permitlJ: Lender 10 make -such a charge, U(irrOWCr and Lender may agree m writmg ~lt the time 'of ex.ecution, of this- <br />Mortgage lh,lt intcre,;;t on the Funds :-.hall be pOliti lO Borrower. and unless !ouch agreement is made or applicable-law <br />requires such interest In he paid, i,coder \hal! no! he required w pay Rorrower Jny interest (If earnings on the Funds', Lender <br />'lhal1 giVt to Borrower. ,vithout ch:argc. dO :Hlnu:t! .n:counling of (he Fund'i "howing cn~dits and -uebils to the Funds and the <br />purf'l")Sc tnr whll.:n e,tch debl! 10 thi:' Fund\ wa_", nl~HJC, The Fund_,> M~ ph::dg~d as- additional security for the sums secured <br />by this ,~1ortgagc <br />If the amOunt 1)[ the f-'unds held hy LCIH.kr, il1-g",~her .....l!h Ihe future monthly fn~taiJmenrs of Funds payable prior to <br />the due dalC~ of taxes, ~\s.~e~~rncni~, 1Il:<ilH';lflCC premium\ ~H1d groulld tents, ~h~1l c.\cecd the arne-unt required to pay-said taxes. <br />.lssessment'i., m-"Uf;Ul(:C prernium\ ;Old gnmnd rcnh ,I;; they !"ll due_ ,>u~:h t:\t;c."" "hall be, at Borrower's opt jon, either <br />promptly repaid to BOrfl)~'{~r or ..-rcdHcd h) Bl'HToWer dn fl1onthl~ JO..;rallment'S ll'f Fund~, If the ;lmounr of the Funds <br />heJd by Lender o;;hall not be sufficIent to pay Ll.XCS, ~iss-e)j.'imtnts_ IIlsorancc premwms and ground rents- as they fall due~ <br />Borrower "haH pay to Lcndf,~r ~lny anwun:t llie-'e~~,lrj tu maht: lip loe ddkl:l.'=tH:~.- within 30 days tram the date notice is, mailed <br />hy Lender t(~ BOHt'","cr rcqucstmg p.il.}mCil! !hCl'L';;1 <br />Upon payment m i ull "t all ;<;um~ se,,;ure~i h~ 1fH'j_ \kft~~!/!t,'_" i cfHkr -.;l-;af! promptly rdund tn Borrower any Funds <br />held hy Lender. it under para.graph l\ hcrt:nt lhe I)!,'jp~n'.- i' "'ld ,'If' :hl' Pnjpt:t1~, I' othCfwi,c acquired by Lender. Lender <br />'ihaU apply. rw L::lh:t' lfHW numcdl;_Hl..'h pfIOr rt) Ihe o,-.ak ,,'I :he Prnpcny .'r i!>; ,lI.:quisHion h\' Lcnd~r. any Fund;:; held by <br />Lender;lt [he, 11IW.: .'t .JppJH;lltion '-10) ~ \. r~>u1t .1~allb! the ,>um., ~r:-.;.un;d h;. ,In,, \ll1rrgage <br />3~ Application of V.'iDtetUS. \_'nh:....... ...pf'ih.:<ihh: 1;t'.\ Pfl\\hk\ ,'lt1t~:',\bJ;.'. .ji! paymc1H~ fct,-clvcd bv Lender under the <br />~ote .!nd para~raph... I and:: here..H -J1-d!l ht.' jlppht."d b\- f nH,kr iir~r j1l pa, menl oi amonnts p;lyabJe to Lendc-r by Borrower <br />j.lfidn paragraph 2 her-co-L then to mlt:tc\! jiJ\'<4ole .'11 th' .'H'li: ihl'n !<' Ilh' ~"rin-';:lpai uf :hc Nute, ;lnd {hen to interest and <br />I'nnclpal Dn ,to\' FUh1fl:: Advam:t:-.. <br />~, Chal1:fi: l..k~ Hn,j('l~1:'! ,':".j! ,,"':'>_~1J!<.'flh itid ,-\filet ,-h,Ui:l'\, rll';l'\ .lnt.! l1np-()<;llipllS attributable to <br />the Property which ma\' JHalfl " f'Hdr!t; "v\.,'r !!l(! k.I:'\t.,j-wjd p,l\ml't1h ill' gwund renh, if any, in the manner <br />prl,wltkd under p,uag:r,-iph 2 hern'l d :-l1,Ir1fH.'r. hy B(lnin-~l'f H1;.Ji..lll~ payment. '...-hen due, (hrecdy to the <br />payee thereot BOf'WV.ttf ~ha.H proniplh' t;111T-i'i', hi I '...:ntl..'[;';U i!,'lh.-\."." !\t .df1\)unh dtle under ii)l\ polfilgraph_ and in the event <br />Uorrc.\ver ~,h~ljj ma_J;;t' pil\ment ,,!n~'.;t,\ B,nr"-'h' ',Hl :'l~\nw!h 'Hm,fi 1" t..:ndC'r rC,,"dpl'i \'\"ldt~nL'lng 'H.1..:-h payments. <br />!hH'ro-wer ,-hait prnmrniy dhdl,H~!; ;(!j\' ~:i.'n '~_j-, ;-H!\ftln \bl\ \hnlj!'lh~~: prnvlI.kJ. th~lj BorroWer ".hall lW( he <br />n.~qulr.,j h1lh~hJ:lgC ~1lI) '-Udlll;;'H ..,,' l,H~~ ", Hur;,',~," 'J\,\1i ",1(1)0.", i,; th... p,l\l11cnt III illl' \'.h1t-gaflon "'~i..'urcd by <br />:ouch hen 111 i.1 rn:mnc! 3":":-':C'{;lbJe t,; 1 ..:Hth:l i'l ~"'c)d l_.df-: ':;-:h iln: 1--\ ,\( dtknd /.'nh.lf":CITll'llt (d su..'_h lien in, <br />ieg.al pf\)l":cei.hn~" WhKI1,jP(,f~}k~ [" r-r-c\cnt :n,; :nLc:,",,:m~T;; l'; h>rll',l!ll( "t 1!1e Propcrl~' \'1' ,Hl)" pan thereof. <br />5. Hazard Insuran-t,l". B-~'rflH."L:: ~'!idd ~>:"tl 11.,-\.' ''In';,'', nll~~HI d' !tCiC,.li!O ,,"tl.',,"lcd (In llw Propl'flY H'l'\lH't:d <br />dgaH1M h_i"5 bv tir~. h;lL1Hh !lLhhJ<.~J '.~!fh;n lhr :.."01 '-.--',;~~[\,kd 'c' . ".l~:\' "i."h ,)Ift.;;: t'lilla.nl., .t'l I_UH.kr may reqwfc <br />.j-nd in },;Udl ;>ml\~i,lb In..J t\'J ""k:- f'~:.i!'-"'.h ," ~dt'd 11'..1: I ~nd;:! ,hd!i [1<.'! n:qw['(' thai ,he afTwunt of <br />~H..:h ~'-1\'i.'rag(' (\~-(:'l~d I.h;H :l!l1,lunl ,-1 -".\.tia',:1 t',,,, \Il~nl.\.;t~~' <br />rhe Insurance l.1rn~f tflWldl:l.r tilL' 111~j.f;_\!i,<.' H'ljj,-"A\'! "Uhlc~:t j,l 'lpr~O\';il hy i_Crider: prOVIded, <br />thaI 'iouch ;1ppnwal "11;u1 fl{\t h.~ _qH....,P;.{Hh;t~h "d!llhd.u \'i r,,-';n':.m-, Hl'\!i .'l',,,--C p,.l\:u~" '-hail h~ i',tid nl fhe manner <br />rNJ',!.ded under p-Jf"hra~~~ ~ ht~!t'tH ,'f. ,;~,t i',: oJ In 1:\-J.l1i,(,,'! B,~Ud!.\~~r rnaJ.:ng p:.tymcnt. \.,-lIen dulZ. dm;,("liy to the <br />ln~Ur--.lOCC' ":aIner. <br />AU jnl!iUr3nC~ i"oIK1C., .%nd [~n"",\....l~ r;lt'!~.'-. <br />daus-e IfI favor p! .wd H.1 l\'un h' I;; <br />;tnd Horrower :,>-h,lil prompt!' <br />BOfi..lwer ).hl\H give pn.:tHlpt II;,'I1<.:1: I.' {he <br />Oy lk'trrowt"l, <br />Unie~ Lender :tOil H-.)r-h~\U,;j utiWf'\--<.'o\: ,l;':':,"'~ ;:1 "I. firing_ 1;1~ui,.Hkl.- i'/",-:ct..'-d" ~h;dl t!t~ J.j~phcd !u r~:,tnration <)1' repJir oi <br />the Property damagctL ptDv:deJ. ',;~...:h h:"t(!I'i.I.'i1,-1l .r ;q'..Hf ,; C"':<"ih1mh.."dlv i'-'o'l.~!hk ,:00 fht, ';~;('unty nf 11ll';. Mortgage 1'. <br />not thereby impa:lred, h ~\k:h <'\,':-';01'..1;on vf :-c-p \:t ,,., I1d ",',-\',n"mh__~~;\ :;;~l~lhk ,if l: the l'f thIS ~h)rt!:agc wl)uid <br />be Hnpatred, rhe Hll'iUranc.e rf~~e-t"ds ,hall be ~lP\lheJ !,\ tiw "H,m!! :-.t'.,;\HcJ h tnl'; .\tor!gJgt;', thl' e\c,e~s, jf ilny_ pll:d <br />(0 Bl')fr-owe-:r. It the ProJ-,-\t:n:, ;\.,. .ibanJ,'nt."1.,} h, Hdn<.l'\\-t.'L ,If I: B-<Jrr~\wt;r t:tih ;,' "_~~f~'11J li1 J t:/1tlcr \,,"'Ilhm 30 day:. t'rom the <br />date n.once}~ mailed bv Lender !(, lh)[r~n'er n,~H th~ :m.ur.1n~;: \.,Erl!~f ,\!fer~ 1,1 ~('ltk d \.:Lwn fur !l1-.,m~rh:C benefit;,;, Lender <br />I:' >'!uthon1.oo K' ~:.)Hect' and -'\Ppiy the !n)>ur.l!h._\' rr~:'C1;.--e,.:b ..il l.t::'fluCr., ('pllf'rl \:i!ht;'f h) fC-\wral;on ,)r repair (H the Property <br />~J!' to tht: sum~ \--C'-I..:ured hy HI-~:'i Mortgage: <br />Un~~ lender and !!-orh~wer dh~r\\J"I,: ':lgr<.-C atamg, ,tn~ ',.u...h ,1r'P!J"::J.UL)j1 \11 PCI)-...":t:Q_" l{/ prmClp:ll "halt not c\.{cnd <br />or f)(')$(ponc the due d3l~ oi the nwnthl~ im!aJ.mcot'> f'.:-fcnc{~ {,\ paragraph" and.2 herc<.'t \,\f \.'hange lht Jmultnl of <br />MlCh in~taliments.. h unJcr paragraph ;~ ne:re--d the Pwperty h .i':l.jum:-J b~- Lt~nd.eL ...Ili nght, tl!ie and mie.rest ot Borrower <br />in gOO iO any iMUf4u;,;:e pc~h-Ctc--S ~Hid Iii iHId H.I !1ft: ;;,Q\..Xedl;. {hCf-e--("~ a~uJHfl~ I rom dam.:gc 10 ihe Propeny prior !'..~ the ~;-.k <br />or l'GUt"UOn 5h~H P"~ to L\.'nde-r W It. ",,-tent '_'! ~he ~um:,; 'l.;.;~urt:J bj tht... ~hH!gJgC" lHHllt:dlatdy prior h\ ~uch ",ale or <br />acqUISition. <br />6.. ......nadoD..... MaiIlteauce of Propertl; Leagholm; Condominiums: Planned Unit I)c\'doprncms. Horro....cf <br />~U keep the Property iu good rcp...jr and shall nu1 I,.'ommh \-\ a~-1C: ('f llermil lnlp,*urment (If Jetenoration of the- Property <br />aad that! comply witb fM prOVU;l:QQi .;:.t ~my !-e-ne it iht~ Mong<l.g-e 1';. l~n a ka:'-ocho-id. f! lhn Mortgage IS Of! J. !lnH Hl i:1. <br />-t'undQnuw-um "IT oil planned lJOtl d\:"t:h~pm;;UI, Bt\fr<..~Wt.~t 'ShaH perform <.tit Of Horrnwef:s ohhg<tH-!.)n~ under Ihoc dedamtlOn <br />vi' r;::ovcman." -t1\tilUnJ. t,1( gO"\iC--Oimg [tw- ~:~m&.mHnmrn ,,~r pjanm.'d \JIll! dcn:>!npmcnt. the f:>v.!a.\.\-', anri n:gulatiom~ ,~f !hc <br />~mwm Dr pbnned 1ill-it dev-ek~l(in(, <i,no ~0n.!i(itutrH ~k~umeOl". H " ;.'t;)n~1onunittm tn" pi:tnn~-d -unit dc\'dnpm<:nt <br />ridet "' ~U1i:!d _by, Borrower and recorded n~-d\e-r i\-ilh {tH~ Mortglt8>C. the ....oycu;mts ~md .1greemc-nh t)! such nder <br />.tba!i ~ ,~- mlo- .;uul rJutll -amt);nQ aud :-,up{-\ic.rneut {h(: ';:t,l\-c1UliHS :.mJ ltgnre-.m(,-llb of !hi\- Murtgagc -:.ts Jt the rider <br />-'c,.,..n ~, <br />,~ P....... of 1..~. SenIrity" H l3Vt'fu-v..'ef Luh !n fx:rhum lh~ (.0'ietlanfs and ,1grec-meflt'- .:omajnt.-:d m Ihi."- <br />~_. o:r ~f Miy ~etion (I-f pt-OC<<UUi$: I~ ,l:mtmem."i;d \\'fl.l"h mOlft'ftaHy ;,ffect:5- l en-der'~ mt\!reSl in the: Pro~t1y. <br />omJudinl'< tmt :f\tlt fb>>Jtfld tn. (-tnHJ4:1\(. dmn-aij'(,- tll$Oi\>t:,o\'"_Y. roUe ~nf\)-f'0en)-ent, H-f arrangement;;, -N p~'Oi,'....~ing, ~nvoh!ng .. <br />~"'-pt or ~tdt'nf.,_ t~-o Ltodet at i.c-ude.r.~ np-lJ-t1H. Ul'K.m nl.Hh:C k' Bt;ftPwcr, ma)-' N:;l;"C ~Udl up-pc.-aral1(t.-:t, dt5.huF1ic ~u,h <br />~~ ....'- 'm -tudJ_ ~"1~m 4!!\ fi mx:u.,,~,-)" to p1m~~ LcnUe(~ lHlcN~t, rH,,,-hltttn.g, but ni\l lllnitcd 10.. dl~bllr:'fi.'me11l ,pf <br />-r~ _;tt.~ri t~ ~.ii4 entry I',~poti t~ f>.f{4-'!4;"r~y h) In:;;>~~~ ~.:p~u", if i >;~H@r te'4~,lrcd m.trq.:.l.s:e jn'\~ILil!l(e, a" ~{ <br />-i,:J';ffmm,\.jJ ~t mal&i -H}t: k"sn ~'_ur(.';J hy thai M-ot1:~.altt', B\:o('ro\-!o\;'f p<'f-J Hw pa~fl1wm~ r~"~l;jf\,:,d h' maim..in M)(h <br />j-ntN'i'-!l~ in ~Jf<<:'t tlHtH 'li~l(;h !j{lliJ ,"i ;,r.ot; "'-Z4liJJ~t.n(?~ (m' '4tKY: iJWt,JfJfH-a ~t>nnm4:tc-'\ In "..;n}rdar~.:e "'!'I_th Rilr:'~~"'{':r'" lIod <br /> <br /> <br />),~. ii' ',;,!ll ,-,~q'!,:tlk (ii ! ,'il;!.' ,Hh! .,hi:!! "h.I\1~k;, :o.!arH.l.uJ mortgage <br />i ,; "t\., I~H' '(~~l;( ~" ;'H\jd :iw t,.hd..., dod n':Hev.<il'l thereof, <br />,-';\".~.d ;,,;;,...t''' .Htd ,:!l r~',.l:frW. d ptt':llHUllll,. tn the event of It1.<;'), <br />~.jr~:\:~ ,J;(O i ,::'1-..1;.:; ! ""l\h:l' 1''-;,1\ rrp~lt "i k'~:t It rhl{ malic rft~mptl}' <br />