|
<br />I"
<br />
<br />83--1105001
<br />
<br />t'NJn)R~ CO\'J"\'.;T:-'. JhHfOW('r and l.cfll..h:r l.:\l\'cn:uH and a.gree i1~ follow.\
<br />1. Palment of Principal and Inferest. B\\rrnwcr "hall prnrnpth pay \\hen due the pnncip;d {If ;!lld intcre<;t lHl the
<br />1nddm~dn\'~~ cVJdcn~C'd hy the l'.(\f..:, preraymclll and l.lt(. chiH.~e" :I~ provided 111 the :-':OIC. and the principal of and interest
<br />on any Futmt' :\dV.lflCt"... <,{.'cllred hy this ~Vllw(gagc
<br />Z. 'f'unds for Taxes and ImiUram.... Subject lit "pplkahk I:I\\-' (if to ;j \-Hlt!cn v.aiver hy L.::ndcr, Borrower shot II pay
<br />to Lender on the day monthly mstallmcllts of prilli.:ipa! and 11lfCfl'q <lte payahlc under the Note. lInlll the ~t"h.' is paid in full.
<br />a sum (herein "Funds'Ti equal h. l\tH>twcHth (I-{ the YC;JrI~ t:l\C'- and ;~.,"essmC'nts which may attaih priority oyer this
<br />Mortgage. and ground rents 00 the: Propeny, if an\'. phI" (lflc~t"\vel(!h of yearly premium installments for hazard insurance,
<br />pJH:li om~-twelfIh t1f ).'early premIUm inswHmcnh for mnrtgagc HJ~\Jl'aIKl'. If any. all a~ rt3:ionably estimated initially and from
<br />lime 10 t:m\~ by Lender on the h:J~j" ot a~\c...smt:nb. .:.1m! hdb <llhi n.:asnn;lh!(~ e:-rjmates thereof.
<br />The Fund" <.;hall he held In :t!l In<;!ltulll)!1 lhi..' d~rO"'lh (_~r .i-:~-,\tHH.s ;'11 whICh arc Insured or guaranteed hy a Federal or
<br /><,tale agency! indudiog Lender 1I 1 endcr '" 'iUl.:h ,Ill iO:'>!i!U11(\i11 I_erhlcr ...h,j!l appi} lhe r"--unds tn pay ~aid taxes., assessments,
<br />11l'H.lfan-CC pferni~l1lh ~tnd ground .-.:11f.. t t~llder 1j(\1 ..:h;,rgc h'f ...,', h,llding ;11113 ':lpplying the Funds, analyzjng said account~
<br />or \i~nfyrng and compiling .;,uJ ,<t':>~1.~~5m(.~tH~ ;iHd unli.'<;'i Lender p::\S Borrower imere,,!! on the Funds: and 3pplicable law
<br />pt:ml1!\ Len(!...cr (d make 'inch J i..hMg~, B,)rrow~:r and 1.t.'oJer fHa\ agree to wrilin~ at the tinH~ o[ c:\ecution of this
<br />.\-1ortgage lflil_\ lnkn::;.l on lh<:- Fund~ \h,~l! bl,O p;tid kJ HilrrnWt;'f, ;tl1d unle~s '!).Ul:h agreement is made or applicable law
<br />fl-"-qUlre<> ..uch inle-re;.t [Ci he r'l!d, L~ndef ,h,dl nill he re-qUlred fo P;1\' Borr~,we( ;;11\ mlNes_t ~1r earnings o,n the Funds. Lende~
<br />,hall gtV~; to B-.;..rrnwer. '....1tI1011! ,;h;H'Ze_ .Iii MHHJ.11 ;l\'..~Pilntmc ,Jt the Fnmh <,h<~wll1Q credits and debits to the Funds and the
<br />purp-t.';~c !llr \-..'ru..:h t";u.:h Jeb: 1<' lht:'r\lnd... \~,I" il;,nk Ih~' hmd... "ft.' pleJ~~_d J,,"addilimw! security for Ihe sums secured
<br />hy rtw. Mllrtg<l,gC,
<br />If the .ut}L'\um ~IJ Uu: FHnds held hy LLlhkl. !I"gctlwl' \\ lib !lli: tiHmc nwnlhlv in!<.taltlllcnts oi Funds p.ayablc -prior to
<br />~h-c due dates nt 1,,,,C,", <1_\\t:,::Mll-(;IH'\~ ;n'\U/";liH'C ph'lolwn" and gn1tllld ft;llh. ~hall c_\cced the .;llUOunt required to pay said taxes..
<br />;1s.~!iment"i, In'iur,'\fn:e l'n:~mjlm" ;ind ~roul1J It."nh ;;..., ,hL'- i.,ll dll\.., .,u..:h C\{.,(':-;" r,h;til be. ~It Horro'-vcr's option.- eith-e-r
<br />promptly l""'p,,iJ 1(< 8"rrn\>"i,'f (1( ':,t.~.(h!cd i-c- H-,\fr(lw<~r ,m lHf'!11hJy l1hl,,1\fmcnh 1'1' Fimd,., If the amount' of the Funds
<br />held by I.cnder ~,hail n~H t~ ~uthcu:-nt w pJY l~\ti--.., .1";:o>e's-.nl('A!S. jn',ilr~{/l\,:t prcm.WITI5 ant! ground rents as fhe)' fan dlle~
<br />Borrower \.h.,i! i-4..l~" h,. I.l.::nucr ~mJ arnoHIi1 w..~(';,~.w, Ii) m:l}:(: up thl: dt~hLicnt'>; within .\0 Ji.lYS lrom the. dare notice is'mailed
<br />t1Y I ender ~(l HC'If\'\\,l,,(':r !..o"itlc.<iung paYlli<!11 nlctn'~
<br />L:pi.:ll'i p,.....m~.nt itl tH!! lIt ;.Ill ~llm" :\l,.'-...:tin:-!i (1'. If"" '\1('11~~>,n_', I l:adcl' ~hali p:nmptly rdunJ to Borrower any Funds:
<br />beld bv J ;:adt.':._ I; ur.-Ge:r P'lf:!:5n:ph I', h,:fC.'1 H-,c ;~ 0",(1.1 ,':' '.he Pr\~ral\ I.... olhcT'Ki:",I,.' J-\.'qlll!ed by Lender.- Lender
<br />,hajj ;~ppJy, HI later tll.m lmmedl;deh prHH f,' J";: ,-,1 !h: !'rt1pCr1\' ,'f 1!~ ,h~4Ulsltil\n m-' L~ndcr. .'iny F-unds held by
<br />LcntJ(' ( .1\ the- !,i'll...' .,; ,:pph"::lu.:m .~~ ~{ "I-Cdll .~i-'~HI~~1 !~'~J.' ~mn" ",:;,.urcJ h:.' lb" \1ongagc,
<br />J. ."-pplk-iltkm fA "a)-men<<,.. { "ppiH::IJ,k j~...~, p(,"-\d~',>- dna....,i,;;c ;.ill p;lyrn"~nts rc.::etvt.xI. by Lender under the
<br />'-10\C ;md p,tr.ltttdph'l 1 ,illd ~ here\.'! ~r,.4n ;:;P!'lll:Ll ~\' I <:l1dt., iI''',1 :;, P.l, nlt;!;1 ,',;' .Hlh}\lIll:-; paYi1bk to Lender by Borrower
<br />~d1dcr pJ-l'agr.:tp-h :. h~re-()L \h>:n 'in nHCT::.:".! ; ,,'.;<hh:: :~:" ......"j~. \tKP ~" th\' pnnclpal ,;1 ,ill' Note. and then to interest and
<br />PUI}(lfni! \'0 a,,,, h.HUff' ,.\,hi'Lncr-,
<br />.t. C~: Lkns. H,' l;,'\~",<l
<br />[he Propert\. \\.hid; ra;!.... ~,n;iln ,\ 1,; ,C'1-lt'l-
<br />proYJI'.ku lH.-ckr r--u ~'i~Ntf1h 2 h~~;;;;\'! ("
<br />pJyec :h-t'ft':('j H'-'OlW.'....[ ,,11,;1( t:~,'fr!Pi;\ ;'.'
<br />
<br />fk~H\mCr ',fuli
<br />
<br />
<br />",>1 ":;t';l ,'q,!rc-I.:~_ linn .1Ild Hllp-l..1S-HfOnS liltflbutable to
<br />l;"~nC'ih'(il 1',l\'f!lCr;l:, ,:q 1;found rcnts, if any, in the manner
<br />'-~.! !L'l~\mL'1 tlMh.jn~ paymcnL when duc, directly to the
<br />;;,';;';1;'-, \', ,.iinPl1nb I.hh..~ Il!'hie!' I!W~ pat<lgraph. and in the event.
<br />I .;iltk'r ;t'___~tP!_"__, l'>' idl:iKing \ul.'h payments~
<br />pr,n-Hh:d.'?ftHH HNn.:;'WC'f ~hnH not be
<br />r;q men! oj fh-: ohb!Wll-V(l ~'cured by
<br />h I': ,1~fc-nJ l:lll-prcanl:ntof su\.:h Hl:'n'in.
<br />. {"rtC!l"f': '._It rhe Prl'!pcny Pl MIJ pan thereoL
<br />,--',~,i,n,;i \'; l1t:f\,',lllcr <:\,;'\'~!(:d ~)n Ihl' Pr,'pef'tY lllMlred
<br />,,:1.. 1: (;rht:f h,4l.i~Hh 3"'- Lcndei may re4uire
<br />j ,-:in!t;i ',!i.l!l ntJ! rcqlilfC' {hit! the ;un..,ltlOt uf
<br />\h_'l\;':"}.':('
<br />g.'fri ,<1' ,.\lh}C'-'\ ll" ,tppw\--&l hy l.elH.ler; pnwided.
<br />tl;~,,! ",',:l.; P'llk l-I.""" ...hall nt:' fhil!.l iil the rnanner
<br />t'h'l ! 1,,1. <:1 md.)..,n~ p,~)omt'nt, -.;.-hl..'n due, directly to the
<br />
<br />H...'HCI-'.H:r ...hJ:H
<br />
<br />n::--qwn~ h.t ,-h-;,-.:fl-.~l~(t ;~1l:r ......,..r:
<br />'-Hdl (len w '" n'hHH'Icf ~h-...j,:p:,lhH:: '
<br />kl;{ai pn,-~.,,:~.;;'tiUl~" ,,-h<<-=tl ~'p>:~,lh.~ ,
<br />
<br />,Hiv pi ..,.",h i.rl... ::i,L<,
<br />'.U-J..h ':<"'l.-f~~l: ~~h'..-.,'>!
<br />Ilit ,('o-\'~dHn,--i: ...Hfa.t
<br />thai ;-.H;.-1'1 ~{pp~,.,~i "!~dH .. .'~
<br />ph\--;'l\kd llfh,kr p.ti'~Jrf~lph .,
<br />
<br />L
<br />
<br />,n"'l.n:ltKC ..:arnt".{
<br />e\H mSt1l,lf;"-( 1"'thJ";"'-
<br />~J.attH' \H !,1\.'-~; <'1 ,,1':'...1 ,;-1 l.';fll ;.h.'~Cpi,,1
<br />-Hh] Ik'fi(I'Al~j "~'l.j:ji p-f'-~!H~'\.i" 1-;1fw,1
<br />H-Ottnwe, ",ti.tli lot;~~: j'i't'mpl n",r\.<.; ~"
<br />b't, U":'lH(lWCl
<br />t"nj(:~ L:nJ.;.:f .Hh.l H-~"!.,,..I.~)
<br />iht.~ pn:'ptt'H\ d>im~igcJ.
<br />lh't lhCtt:-b~ Imj.h'lHCU
<br />he i-mpOilit'd !h~ ,n'lo-'l....uh.:~ rfi.}o.":~t:-~i" ",_ll,t;l t>-c >->l'pi ".I I" I::,:
<br />-J:;.> 8-onowef 11 lh€;' fl'rup,;n\ ," "i:;~'"kr~\;d
<br />-.1;\11.(' nQ'th;C l' m"likJ h\- LeH.Jef :,' fL,I:"....e~
<br />
<br />::, ~~r~2;~;:~~~:;~:~Jk~;':~:)~,t';~~'''~'' ,c~'" 'Cc<,j" I Lcnjej,
<br />
<br />,'I' P'~tpiN1e H'iC di.lc d.:lc p{ !!tt: :\l,,_,n;nj., If)''l...Jjr:nt'H\~
<br />i\K.h iH-~iaHH1:~rlt~. it i.HI-loicr r.ar<a-.e;i,iph i" h-eie,ti rh.:
<br />it) 4t-ftU tu -.\t(" l:\.'\.\.H.a.t",-,e I--"dbn(:;. ';;'j\~i 1;\ ..Inti t,' l.f;-f p!,~,,~d~
<br />(.l-:f ..U{UL\tbO-U sh~\H P;i.~ k L;::iJ<. k \hi.:' I.'\.!i;;'j'l! ,~1 (h~~ ,unl~ ::...:;">i;-,~l r-.~
<br />;~qUJ$tt.tOO,
<br />6-. ~li.doa and .-"wU-tt:It;.&U(:c af rf'(~~Jt); L<il"""bold...; (utldOluil.lju-tn..~ ,thtnrn:d Cnil ll\'-\'d-u-pnu!'nb. B(lrrow~r
<br />shAlj keep to<: PnJf..\ellY In g~'!iNj ~ep,Hr "gd __..haU ml--j ~ommH -,., d~-~l<.' ('f permn In' Jdail~ratl..Hl of the Propct1y
<br />-<tUG \h.ljj-j e~li11-pl)' wHh- the- p-i,J-'.'isH,).o,3, ;)1 <in) ;.-lbe d 11'1,,; .\i,\ng.1~"'" i; vii ..t I! ib~" I\h'ligagl..' h on ,; unH m a
<br />c_o~utn ~\! ~i ,pbuHlC,J Ufu-t LtZ'\cl~'l'tmt::nL n~~!l"r""i;;; "ll.,d; p'C(J.(!1H! ..\1 _>t H~'i1f:,..:Cl ~ ;,:biig,Jt:\.111!'. illidt'f the. J~daratifl-f\
<br />nf ,:;u~l'i ~r~;-dtJ-'n. (1l g,J'iI:.fHI_ng ih.:; "und,.;H:Hnh'\H; d P;";iH't.od \H!!t (levd''PrnI.:IlL !tll' h~-h..",\ <inti rel.Lul-J~Hln~ l~f the
<br />('\...-~-t~funiWl 01 p-l~nneu un~l ,}It\d':~j:1in~HI. ,.n'.1 ;..'._ip..u\Uellf ..h,"_lHH;~n;"_ }: ;;; '-.\'~'l\1<.mHIHum ~H p;,wn~J. unn. ~k~t~h'pmen(
<br />HUet ff e~u:iW bJ Ron-ol,\i(tf ;;4J)J. re..vukti i..-'gethi:$ "" lth WI" ~1uH.~agt. ,h~ ...F";;-n~litl'- .i.n~j ~gn:'en1-l:nb l't ':1w.::h Huer
<br />.\hli "-~.n...'Cr~nuw lnw ai}~i -'th.aH llffl~nd .Hl-d 't1-l'pph~m~nl thi; ,,'J'~II"\nh- ,.lid A~h;-t::mcm,,, ur lhl'>-_ hhlr!*,,-f.\-.' ..~ il the riJcJ
<br />wore ~. ..-nlle_t
<br />7; P~'.. (If I,e$&u-', St<udty.. 11 fkjrr{IW~f I;~,h p':ri'uJ'fu the ..n".;n;-H1!~ .in,~ ~~~{~('mt.'!1i:i ;::..nt<.-llllcd 10 ttu<.
<br />MOft.~, ~Jt (f U'l,- i'~~:Uot: (II' P.fo..;-t"C{,hng I"\. '..i_Hnm~m;-C'd '",,-hKh ma~cHaHr ,Hh'i..-h Lcnili:r'.. JM~-n.~f if! the Property,
<br />ird~lmI-" hut rn-.'?! bmfted f;::I. ~tt1M!1;nj dJ.Jma1f\_ in,;;(1)\it<H>;,'}-, ".~}tk t'ni..H.:~m~n-L ,-';' ;Hrdogemt'flfs \H pnxe\:.,-llrljlj in'.'ol\'Ill& i.1
<br />~:-ktu~ f;\r ~>;;'l':dcl'!~.. thc.rt i.tn;;:kf >1"1 ~ -eud-rt-" '-'Pi>!'!; jH'!"~i7 1,-. H'~'~i<.;~Ii.~;, ,n;1\ maJ..(' ~-~j...h .jl~hUht, :l<-thh
<br />'\-:~~f'f\'} ~ tU.~ t~h 1t~"-lk:,,n 4;; h f:ttZ~C",'l.M): cn,..kt-, ,,'H'H;~I. i!',- lnt.!Hl-iL Poi I,.-\j: ,j,'J---p-m,,>cU1CHl d
<br />:-iC',;f-;kJf~ .l:1-H.>lM'r"} f,,;'~~ '\tnd "'fIff} 1 ,_ 1 i."n"h:t It\"-~ll ;HhX ,~~ -,
<br />,-(i';f-l'!Ji-t;-<i.'il ,Jf In;iJ},;n'f$ lh~ :i-H~." V-'_'in i'i',-mluHb ;<1.unt,ltH "',~"h
<br />;!;'~l,._~f"'f)l;'il!' t-~~ ,:;Af~-;: -<1'j,!lJ f<:nJ.e. ,:>\ lTK ,r,',,-,.';:HK';: 1,'r"1;H~;,h~" ,_,,:\_,}!d.;;n~-, ,\111\ H"-lh~\l.(;r-'" ;lild
<br />
<br />
<br />t ,.--:",iC ,!!;d ;,[,.tH ,Ih.:kd,; ,1 ....i;-lIHhrd mnngagc
<br />!;,'hl !f~~' f'i~ljt'W,> ,li"l ft'f1C:<Aab thereof
<br />t;f\~miUnl', In Ii'll," l\'l;:m of lm;s.
<br />j-'T\IUr 01 !t'1..~ fl rilJl m.ttk pnJmptiy
<br />
<br />
<br />t,; r..",lUf..lIJ(Hl {,r repair of
<br />o,:.l'>lhk' ~lJ\d ...C":i.HHj of thl~ !\"1ortgage IS
<br />;l,>,;__,h: "~I I! tnt." .,~:,:Ill !l'~ ~,f t!us Mortgage wf).uld
<br />,t;,n,~ ~i>"._)J~..i b, 11)1':\ ,~hlrlb',\g-c-. \"1\11 ~he C.\(t.:':>~_ jf ,-itl]'. p.lliJ
<br />. . '-,:'-"p-i.',nt1 h' 1..,:H,-k, ,It lthl1l 30 da-}!. from the
<br />'-,~~n;c ;1 ...!,1H(I h'f qhur.lIK~ tJclldih. Lender
<br />Clr.~i h) l-C'hllHdllvH ,-,( r~~p-au (\1 the Property
<br />
<br />
<br />
<br />;:~,_,,-t"l:d.... hl PfllJUp<i1 :,hall not extend
<br />.In;,! ,~hCfcul ,.:I-uag,c !Ji~~ .H11oullf of
<br />I.I.'fhl\.'f ,i!i n.\-',hl, Uk anJ l;.lne$l HI Aorn'1.wc:!
<br />Ut'J:\ \Ll1il;1g.C h1 lhc Pr<l~fiy prhlr 1\1 the 5~l.lc
<br />\t\"Ig.,igC ;HH1H:.:-j'lilc!} prIOr ii' I.,uch ....ale or
<br />
|