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<br />83- 1105483 <br /> <br />USll,'lkM COVU.. \N'J~, Hl~rn",,','cr ;lnU I.cnJ~r \.:uvcnant and agree ft:-. follow~: <br />1. Payrnfnr of Principal and Interest. lll.lrrov.-cr ...hall promptly pay when due the prindp:tl of ,11ll.! mtcrcsl Uil the <br />indehtc:dm...~:-, t'yidenc~d hy fhe NOll:. prcpaymcm and Jute i;harges :lS provided in the Note. and the principal of and interest <br />on any Future .'\dv.mccs <;e\:ured by thl." M0ftgdgC. <br />2.. Fonds for Taxes and Insurancc.-. Subject to apphcable taw or to a wrinen waIver by Lender, Borrower shaU -pay: <br />to Lender un the Jay monthly instaiImenh of principal and inh::rc'\.t arc pnyahlc under rhe NQte. until tbe-Note io:; _paidjn fun. <br />;~ sum (herciu "Flmds") equal to lmc~twdfth of the yearly [axes and assessments which may attain priority over this <br />Mortgage. and gro-und rents on the, Property. jf any. plus one-fwelfth of yearly premium installments for hazard insurance) <br />plus-lme~l.weifth -of yearly premium installments for mortgage Insurance, if any, all as reas.onably e~tim.lled initially and from' <br />time to tulle D) Lender orr .h'i.~ t~Sl~ of .l~~smcnts and bills antl reasonable estimlltes thereof. <br />The. 'Jrtd.; ~h:-llt he held In ~ti1 mstiWtinn the depo:'iil'i or <U':Cl1unts 01 which are insured or guaranteed by a, Federal-'or <br />state .lge-tlCy (in..:luding Lender if Lc_nder j., '\11th <In institution), I coder ),hal! apply the Funds to pay said taxes. ass_e:ssments~ <br />Insurance premiums ilOd ground rents. Lender m~iY not charge tut ~o holding and applying the Funds. analyz.ing s.ai_tl acCount~ <br />or vcnfYfng ;100 ("(\mpiting s;ud a\s~\mcnt~ ~lnd htJls.. unless Lender pay.;, Borrower inter~t on tile Funds and appliCable' law <br />permIts Lem.h.'I hi make 'iuch a \.'hitf!-'"C. lliHfower and Lender may .J.gree in writing at the time- of execution of _ tbis <br />~ftntgage lh.l! ;ntcfc~t ~JU lhc Fund$ ",hail he paid to Borrower, ;,md unless such agreement is made or applicable -la., <br />ieq-uires ~u.:h wtfn:-\f to h.e paid, Lender "h~U nN he requlred to pa} Borrower any interest Of earrungs '\m.the Funds. _ lender <br />"hail gl~e to R-nrrower, wilhout ....h~trge, .111 .lonu,.d a..:ntiHHltlg of th~ FHnd~ ..howmg credits and debits to the Funds and the <br />pUfp<'-.c !c'-r \\-hh. n each lid'HI In the Funds \-"~a:'!,- in:u.Je. fht:' Fund~ ,in: pfed.ged as. ..ddHional security for The swns secured <br />hy thb '1(~ngag.e <br />If the ammuH i_It the Funds held h:,-' Lender. together with the future fth)nthly jn~tanments of Funds payat.le prior to <br />~hc due Jah:~ nl t;n_f;". a~,,{."~mem~< lmuran~e, pn:nlJums dud gwund rent's. stmH ex~eed (he amount required to pay said taxes:" <br />~b..es:\mcnh !m.lff~n..;e r.r<:lrm.lfJ,S ~nd ground fcnb ,t'i. they I,d! Jue. \u\.:'h !:\~C--''i shall he, .l.t Borrower's ~lptj()U~ either <br />promptiv H~'Mjd 1.0 8orn.w,,-er o-r ,:rl~-(hlcd hi Ul'rro\.\-er (>n fHi.!!1Ihh-. tn....taHmcnI!\ (\t' Funds:. If the amount.of the Funds. <br />held by Lender ...hall not he itdficlent 10 pay lines, aSSt5isme-nh. m<i\IL:lO;':;i.' premwtn\ and ground rent!- as they fall. due:, <br />BOrl/..TWCr ~haH fI;.'lV to Le_nd-er ;my amount neCt.~~.ln hl ma~e up the Jt..'t1ne'oc\' wlthm :;0 days trom the date notice is mailed <br />hy Lcnd(r to BOffower rcqu~ting p-dyOlem Ih(,ft.'l'l <br />Upon payment H1 full .,( aU ""um:'i ~t:~uIT'd h~ II}!'>. \-1(\n~J,g,,-.. I ~mia ...hall promptly n::tund h) &''\ffower any Funds <br />held hy I <inJer H i,ni.."'-er p,H4graph IS hcn.:'G! th-c P-!~~pen... ~" ~(~~J d {I'll.' Ph~P(,.'rt\' ;~ ofhcr\~"t",-c ~-l~qUlH'd by l.ender. Lender <br />-'.hail ,ippiy _ ~h' I,ItCf !h~-U1 mjm-l.'(h~il~h prH.f w ~h(: ~_ak \'.i the Property <1. di. Jcqut~Hh"n h~ Lender. any Funds held by <br />Lcndt'r .il the 1im,: ,;1 >ipph...:-aOi,)n :l_'i. J ,,!t;,Jtt c..g..lHt~t !~i.' 'wm\ '>C.;,:ar~d ~y dw., \1nngagc <br />J. ,,,"ppIk_ioa ui Paym-e-uu. t 'nk..-\- oipplh.:ahlc 1.i\l, prny;,-h:'- nltlt..'n..!...~, .i!i pd)-ml:.':nh fee-en'cd b~' Lender under the <br />',\Ie Jnd j';M;,!~raph\ t .mct:2 hc:rc{'\t "h,:lll h", .-.pp!te:d h~' l ,,'nd~'! rir't in p:1\inenl ,'I amounts payable to lender b}' Borrower <br />andcr r<tr.!l:f.l,ph :- hi;'r~ot !hen to mtcit''1-! ;'-3yahk un tnt.' ~,}.!L" !hcn t.' tht pnn"'!i-M: ot !he Note. ~md then to i'llere5t and <br />pfHh:;pal on oH\';; FI..HIH-'C o\-l.h'ilfli,.'(''< <br />4, Charat'\-. Lkn~. f-k"HI.......l.' ,h,,:l :',.~ II <br />llle Pr,~per1" whidt m3~. _:n.un.; rr-, fH\ "d' , ;:1:, \,t. <br />pflJ\"HJro ~lflde; r-.1raj;f-dph 2 ~]':i't:\'! <br />p..l!Ct'lhefl...t B.'Hu"'t:! "h.~ll p-rl'ITlp~j., ;;;!j}I"" <br />Htlffl'\'\~r 'Ji._d! in.\).I,; i".\,imcr:. ,j;:,--'" \. H~H;,!I.~, <br />.'hHH_h\--("r -,r"ld pr,\rnptl\ dh\ >-;..;; ~l' Hl\ ;;:n "'" h <br />icqUlrc-d !~l ,},o,.;.;1),,: ~c .\;,\. "ih:f~ <br />,"u..:h hen w oj mMll~C! J-i.-<::..:r!.thk. , '- I ..:;>ikr. <br />Icg.li pr.1,,;:t'Jlf<!;:"" \\h:..-h ";'<";;[11." /~\O'~nt c. :~I. <br /> <br />"".11 i'.>,,2 <br /> <br />., '1!- 'hJ ,>lh~~' j~.!f~(~~ tiPi,'" ...:-:..1 ,mt~\,itlPn'i (ittfloutable to <br />'\~_d-!!L' "id i-t'.{v.'t\,'i._1 ,'.,\01...-11h ,'; ~r;'-i.,il\d r~l\h, If ;n\\", m the mani1e-f <br />\j~n ;l'.,;;'~-' ''-\ H"11'~.'~"I ;Tl~li..ln( p.i\O'1L.nl. "hen d~, ihrectly fO tbe <br />I <::n,;,,': "...~... 0,< _,Uh"-<,i;h ,1 ,-H.: ,t[Hkl 1\1;-.. p<lf.4graph, .lnd in the: event <br />\.\ :dt:n"'ln~ "u~h r.1ym(nt~. <br />;"r<.n,d\--.j ,it--l! H"!f<)wcr "hdll n~"1t be <br />,';.\HK';ll ,.! :h'~' \~t-h~;jlhHl -..~.;.'ured hy <br />,h'!l"fhl <nl.1!',,',;fnent 01 Mh:h lien m, <br />,'I :'~,' pr\'pt:fh ,j~ ..i!\ part lhereof. <br />!l,-~(d ,'II the Pr<"pertY !ll\ured <br /> <br />:'~ ,~ lic, <br /> <br /> <br />s~ Ha,..;trd Jfl~Unlth(,. lh-'nn\~..:'Z '"h<,H ~.c.::-:' <br />,'~I1Ht5i f.y.,~ h.. f~rc_ :1.1i':xrd-! " . j;;d-.."J ~. ;<:h :: <:~(' <br />..l.Ud ,n "'1.li..h ,~n';i.'<:n!,- ~,-ny [,',: '-;1.-; ;'>~":j;J<, <br />...w.:h ....,-,q:I'.!.!t'" t:\""-,,,-J t';:Ji ;~n <br />lbe- itlSUf;iilu: ,-.i!r~('r r1(~!'dd;n-.:: th~. <br />!hD.i ,>u..11 :lP-r.c.,;..~d "haH :;\.t PI' ;.,~~.l~, - ..:-';'. <br />~~rfwlljc-J und-cr r::r il~r;lpt; :: '-_<t;: .', <br /> <br />, .!" : ~.1l <br /> <br />.~ \'tfKi h.iLlf\j.,. ,1"- l. ~~rH.h::-; !1M\ H.'qIilTC <br />. j-,:,: ,,; :1,.'L"Hr~ th~! :tl~' J.flhHlllt nt <br /> <br /> <br />:1: ~ \L,; ;:....1.11: <br />;--':~:,' l;1-I,~,y..d h- L(;i'!deL pt(),~.lded, <br />r. ':1;, ,t."" -:1;t!l ;-.c 1-','h1 i\ ;he manner <br />Itj2' p.i\mc-nt \."~H:n thic, d:rt..:t~v to the <br /> <br />h,'::, '..:! <br /> <br />.n~Ur.l.nc-c .:arnef_ <br />AU lihl.t:afh:C ;~~)ll..,t> ,tn.l :l'!h. <br />-....iiliu~c :n Ldh't ,_I' .-.il)-.J ,1' t,'rm <br />~,nd Bl\rr,-,\~('r ,h"j r-l.:'mpn'. <br />lkHr\~"'('! ...n-iJ! r:;-.: 't'li'Hipt ~H":h-;" <br />My 8vrr.)WCf <br />t:nl~ 1. 0.:'$ hJCr .lod lhHL''>\:..: ,,!lk:'~':'t.' d~ii.-". <br />lhe: Pfo.'pcrl~ ..lanugl:d, p-r..'\),~cd '.l-..h c~..,t,':;il" <br />not !hcreO) lmpd!fcJ it "i.;..t~ .:,~,H.,~ ,1: <br />be 1I0patfC'(J, the .'luur.Ul~(' Ph'-,:I::C'l,h ,1I...d N: 'f';"..., ,1.' [.h <br />to B.ou,}Wer It ihe rffl~~n\ ~:> "n,~n,L'Oi~'~ .-,\ !-.L "....(.<~ <br />date twHCt: l~ nMlle-\.i 0') Lender t,' H..nh'\,\Cf '''',tt :'ht: .-nll ,In-..~' <br />is .iuthofft.ed !t.' .:,-111<:':1 ;.aod _Ipph 'he Irn-~.~,1~t..C ;'1\~..'~..h t I t),..h:~ ., ..;".".-. -..".fl:: <br />nt 1.0 the- s.um~ ,,;.-.;,.:ute..! by tht" ~'t..)(tgagc <br />Unks~ LcndtT .:md Borro"'~:r "l:hefV> ,,,..: ;~ -ol,i ;:n~, ,.",\ .,_"'.;; ",;"p ''--J':'-'~~ ,>j <br />or IX,,"-porle the due l.iate pI ~h~ nH..nH1h ;,,!t'fftd '-' <br />such JO~taUmc-nt\ It under para..gf.:iph ; S he-r-e~..lt th~ f~!~)i)cHY " &;';l,;,unJ t~\. <br />in -and to any msufJ.u....e po1Kle.5 .4nd. in .mli !,,' !ht: ~;l....~C-oJ.... 'here,_'; <br />Of acqw):!tton sh...H pit:il; 10 l..-e-UdeI .~\ !ht' l:'lc-m d 1~ :.<utn\ -...:.. ;Hl.'"0 n\ <br /> <br />~<! ',;'.j;i <br /> <br />..j., "_\hLird llWflj{age <br />.-j !~'{K'-\..li, !hert.'('I, <br />thf t..\C!11 :)! i,h-" <br />',.., ,[ ."'1 ',l.iJe rf\'mptl} <br /> <br /> <br />,,,1 <br /> <br />."",,\~,>tI\Hl t'f r~p.Hr llt <br />.'1 th" \tnrtl::;i~C J" <br />..' t~';:, \1"ng-..l:-'-1;" 'luJuiJ <br />t":-;;..' t'\"t:'). If ,1!1\. pa!d <br />-... ,th:n ~O Jo;l\:- :,nm the: <br />i>~lfJnct: h~ndH\. l.~_nd('f <br />~t:p;:\lr "t ttll' Prope-n~ <br /> <br /> <br />'!'. <br /> <br />'~1( ',..., <br /> <br />'?1,,> \t,'n~,>~~' <br /> <br />!1ol", <br /> <br />,-"p. <br /> <br />r~,--: '" I .:',:"k: <br /> <br />-.".," ' <br /> <br />, ~ ,: r ~ <br /> <br />it.~~"~ ,1:ti,,0) <br /> <br />ri,'~n::-J, !.) P' ;:1,:.,,:1 --Ihtll :h~t ::\,tend <br /> <br />;;1.: 2 ~1'::f...',j1 ~'7 ...h;_t,,~1,; ~hc ,Im,-~Hnl ~lt <br />('l/u,,-; ~l~n: ;,lIc ;lnJ ;r::~rc..t nt H~"rro""'ef <br />;;,Y1: ':,i'~\.jgt.' t,; lht: Pr,:'~r!\ r'rt'l~ to !h~ ,,:tie <br /> <br />\h';l~.i!;,-: _:~-':n-<:Jl~\(~~- D!il1f ;,1 ',\Kh ~,tlc \.,r <br /> <br />~.~.k._..""'" <br />--,--~.............. <br /> <br />1 <br /> <br />6. Pn.ntdioe aed ~'.ka&Ik."-f' of Propt-t1~; Lt:~huhb; ('on4umin.fum,,; Ptanfled {'nit In'\e-lopments. Bt't,ro....er <br />jb&lt keep the Property in g~"-~ rer-an .;md "hat! not c(')mnu~ U:~l'J.tt' (,r permit fmp.i!nnenl i't Jel-l.':!h'r.llH,J-n ,)t' rhe Properw <br />lUld shall ~\Jmpi) '-Yith the pl0\'lit\-~fU .,)! ~t,tl~- f€-a:K :i ~h:,,,- \h,rtg<l~c ;" {'rl J. k,t'}->.'h...'lJ 11 ,~~:' 'kn~af:\; ;" ,on ,i ;!nlt \11 ,'i <br />l.:oodonU.nnull ;:It d planned HtU! de-'.-eiopmcnc Hon~'''ci "juij pcnLlrm ,~H ~\t Borrower ') ,-~bhg.il;!!\\.P. ,-.nJ"t Ihe Jt:d,U=.tuon <br />or COYC-DAn-ls r..:.!t'"d:trnJ or !ti.wernmg the ";<il-fJd-OInlOtU!l1 \'. pi.{nm.~d -lnjf dl'\l'h\pm~llI_ !he h.i.:tw,,- .Inti r~~\lio1tH.'lfl' (,f the <br />coo-dofnuUuttl ('ff' pJuncd t~n't (~'(:iopme"L ,sn-d. a'>n'lItuent ..)().;,."wHcn1.. H., '<..,I!l.JommlUfll ,\f I'l,U1fl.t:-J 'HHt J~..\:'lnp!ll~nt <br />rtdu it ~ hy Borruwer a.nd ~rded tU)lCthCf "'-ich ~tHS M"'J.flgOlgC, the d~'r"i:'n...nl:s MHJ a~{'~rtl~flh \1{ \t1ch ruler <br />lbalI be, incorput-al~ !QW ami ihail amend ,J1ll! i>uppkn'te:Dl- l~ \:-iJ\.'cnanh .:J.uJ: ~lc'~menb nt thl~ ~h)rt!-'.<l~c JS d the nde. <br />w.,te . Jl'lU ~. <br />1~ ~ -01 1..........-'1 s.c..dt,. H 8t)n(l~-c:-r !-;i.!h- !l' p.:-fhnt'n the uH.-cnam'\- .;!th,! .l~rt"cml.'nt, \.\n1-t~llncd In lhl~ <br />WonPF-. ot' if dY ~uon f;! pH.XCf-\1tns- ,~ ~~.'mmcn\':..~d .....hf~h In.ih:fiaJiy ,it1nt5 l.~nt!~t-" \nf{'rl'.'~t U! In\" Pn"p<:rH <br />lncludtn-a.. but JWi hnuted If.'. t:ltUMn1 Jtm\jun, tfl'U:'Jh'~rH;~ ",-'("l:k- \~fl1Hr..'<lnetH ,'r ,trr;-tnptl'Hlt:nh (I, pr{.....c\:."\!WjI!" ;nv~'j.h:tl1g a <br />b&t*.rtl:pI or o.kl..i,~L :~n LcfK1.e-r !it Lcftdc:r'~ ,--,~'UPH_ ;.1~""'Hl !HJtl;;.i,C 1," 9-nnnv.-~t 'tH\ r:-~,~~~:: ';.a...'h ,~pf-~...r....Kv;. ,Ji.'ohw":>..^ ".w..h <br />'tUt'18 _4&Ct 'UC: JUith ift,;-tttVl ",'to i'l ~1.:,;at). to pn")f~l l.t.nde-r'~ ,nH':r~". IndUGHltl" b\H Ih'lt Im:lltl~J h', ~!;~hUOemtt1H vt <br />fC~ .ttUQt-f)it'-)'.'!< IClft and ii'_nn)' ~1P'='fl 1M Pro-p.o. I)' l(~ ma~\i n:f'-;UI,1, h ll,.'nti<;i l{'4,-il-fe-.) ~n~'\:fl~l:\;~~ \n,.\.!f~!H:(" ii' ,; <br />.,'t>>W.i:ut,"" {}[ n),.~It)1 t~ IOlln e<,,,-u.re->.t b) t.bh Mt'tfl*,a!~\'_ P(lJ'hi"ol,';f in.lJ! pa) ~ht rrt<mHH11~ '-"'4lf!rt~u h, m,Hl\\.U!l ,.,u~;h <br />(tj.*~u'~~'(C m {:lk%..( nntH "~J~:h tan-e ~\ ~t~ t't-qlfU"('.fO(1~l (ot ~U\.h ,f\'nU,"1;1h.:i: !rfnlh'i~h>... ,q ""-1.,Hd-J:l1,:t;- ".."h Ik.:n,..H~( -" ,\!HJ <br /> <br />