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<br />8~~ 005488
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<br />l'SIl"\1ttM ,cO'.....f':\AN.li't.- H\.'rrow~r and Lender covenant llJh.l agree as fuUow..;,,:
<br />I. PU)'Plf'nt uf Prineipal and 'nteres.. BOrn:l\H'r shall promplly pay when due the principal of and interest lm the
<br />IIllk.hh:dnl'_~\ c\'ld-co.::et.l b): the !\i-ole. prepayment and late. charg~s as provided in [he Note. .wd- the principal of 'and jnteres!
<br />l.m any Future AdvOiO>:CS secured oy this ~fong.tgc.
<br />2. 1"- ,_ tnr Taxes andl_ll<<. Snbject to apphe.l>lc law or to a written waiver by Lender, Borrowel:shatlpa)'
<br />to Lender <Hllhc d;lY nlonthly in~tatfme:ots ofprincipai and- mtcrc,SI are payable under, the Note.. unt-Ji the.Notc-ht-paid-cin.full:.
<br />a sum IhercHl '-Fund$~'} equal t(l one-twelfth- of ihe yeady taxes and a$scssments which' may attain priority oveLthis
<br />Mortgage~ and ground -rents '(In the Property~ if- ~ny, plus (the"tweUrh of ye-arly premium ,iMtalLlnen!s 'fnt:, J1g-Za;rd "insuraqqe.
<br />plus.'l.~~twctfth ()f yeariy premlum,IM_taltments for mortS,age insHrance. If any, aU,as reasonably estimatedjnitiaUY,andJ~
<br />tlme to Hme PV Lender on the basl~ ot ~"fi1ent$ and htll.s and reasonable (..~tlmates thereof. .
<br />The Funds shall Pe htid ill an ins,litutlPn the depostts or :J~counls oi which are insured or,gua-rante-efJhy"a'FederaL".".,~-
<br />.,;,tate age-ne;. I Jm;luding Lender a Lt-nder I" :-.uch 'Ill insriil,ltion 1, Lender !thaU apply the Funds to pay said taxes:. ,ass.-essme~'
<br />rn'iurancc premmn1s -and ground r~nts-. Lender n:w.y not charge: for 30 hO-iJing and applying the Funds~ an:aty~,ing, said ~eC~t.
<br />,'IT venfYlIlg .tOO cnmpi-Hng said R~1Hn-enlS -;tnd: hlU~, unless Lender payS Borrower interest on the' Funds',and__ appll~e)~~
<br />pernms L~nt.icr h, mate-..ucll a <.:'harge, BiJfT'l,)W~r and Lender may agree in w,riting at the tinle of ,e,xec:u~imr' of,__ tbis"
<br />\Jnn-gagc- :hnr mtcrDt \iH fhe Fund~ s.haH be paId to Borrower. and unk~i. sucl1 agreement is made or ap-ptjcablc,' law"
<br />rcywres. "Ui:'h intcrC:\l h) he p;l~d. 1 cnder ~hall nf~l be required In pay Borrower any interest or earnings on the ,Funds,: Lender,'~
<br />."hal1 ~l"'e W RO'n'(;\-\-er. wlth-(~UI ;,;har~e; .In ;.tnnu;1l ;tCCnHHtinlt ot' the Funds ...h()win~ credtts and deb-its to- the, F,iJluis"-and"~t~~
<br />purpn~t!N \JollIeh each dehll W !he-Fun-d~ W~t.... nude. Thc-f\:nd~ ~\n: pledged Ois"'addi!looai security for the sums secured
<br />My !hl:> \1flnf:0l~>-e
<br />1t the ~mQuHt ,-~t th~ Funds held by Lemler. together with !he future monfh-ly instaUments of Funds- payable prior- to
<br />:he due d,at~:s o! !.i-XC~, .};!l".{'')...m\'~m:.,. w,ur;:u't",,~t; premmnu .md gnHmJ rc-nlS, ~hall e:\\.;-eed 1M amount -required to pay said--tue&j
<br />;i~~:'i.Smc:nh, inijJf~m,,;e premltlHl'i .lOd ground rcnh as. the} f.~H duc. "ut;h J:XCl.~" .!\haU be-. at Borrower's ophoo,~' ci~(
<br />promptly n:-p:;,ud 1() Bo(w\\ct or i..~re-dHed to &lfrOWer ('H mj,lnthiy In'!trd,llmcn!$; pI Funm. if the :imOunt 01-, the FundS
<br />hejd by f.cndc,f "haB nor be sutt1-crent f(l pay 1<l',\ts,. .i~e-s-Srne-nlS.. m\ULH1\.':C premium\ and ground rents as rhey faU due...
<br />Botrnwc-r \h-iiU r".1j to Lender any amount ntl..<(.........~U\ .n m;:~ke Ufl the d\.:fi('l~tr':-\' within 30 da\'s tn.."\m the date notice IS malled
<br />iw Lt:noCf ~(l B\~Jtfl1\\-('r rC-4~Hn-g pa)'fflCill there;,i' "
<br />Up../-n ra\m:l:l~ in full ,~t an ",um~ ~-t.';;Ui'ed b~ HH~ \-lf1fH:;1gi:', ! l:nJef 'lhaH prnmpth' rerum.! 10, BorrowC'r any Funds-
<br />hdd hy l-\:H\!er. Ii tJ<1Uer paragraph I:" herC(\l !b: Pr,)p-i?rt\ 1'- \-.lld ,)[ In..' Ph'pt.'rl~ l-\ vther\n'e ac.qwred hy Lender,. Lender
<br />...haH .lpph ,'\U L!tcl 11l<in llJlTni."dutd\ f"h'ir \~l the- '".,d;.: ,'1 th\,o Prnpen\' i~r lb .Kqui~l{lon h~ Lt:nder, any Funds held by
<br />'-em!;:. .it lnt:' !,llh' -.'! ;.,.pplp":':HlOn .is .t -.. n:JH .if!d!lh,! :~,~ SUUh ,-~..Ufe~t hy 111", \hwtgage
<br />J. ...\ppikadoll of r.~'IDf'''~, t' nl~", <lrrih..'ilhft, law prl'\ l,h,~" ~l!hcn--I. b..' ,ill payments. r~ccl\(',l bY i. -ender under the
<br />'\;vh::: .-lOd p,HJ~raph% i .I1ld ~ h~ICd \!uH he .tpptlCd. b\- J endCl Flf:\t ,n p;i\mc:lt ,-"l ~mlJU-fHS payable h' Lender by Borrt:twer
<br />,mUCf il-;;Hagr~ph -= ncft"o-L lhen 1<.1 '!H.\,"fC"f ravahk \'n 11:1..' ~,)te, (hcn ,.' 1h". pnlKlpa: \1t the NOle, _wt! then to interest and
<br />prHh.'lpal dH fUHHe Ad~ilrlt;;'\
<br />..$. (haf'l'~ 1-kM. H\'fl\h..C! ;ull t'~i\ ,I: ""-,,'. ,~"~..,,,rlll'H!,, "hI l'fh\.'f . h.lf~C:\, hne-; "ad 1\1lp,-l>.lthmli annbmahtt' to
<br />11\(: PU'-PCf1".' ..-'ttn.:h ma'\' :~n.)m., \'~..'rrt)' <'\,'\,'f ~;Jl" \t\'rt~~q..."f' ,,:H.i 1I.,'J"Chdl,l r',i\nwnts ,)f ground rent.., If any, Hl the tnanner
<br />;HOV1.k0 ll!1.d~:!' i"iHaglaph :. hClt",l! ,'1<"1 ;hJ( i1.u..f ,iJ....;:n l!1..Hl:'>,' ~'\ ll,-1fr,F.~,,'! m.~i..i.n~ i-'~\\mcnt, '.\he!) Jue. ..hn:-ctly to the
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<br />~ keep the- Propeny to ~-,d n:paif ,mrl "hatt fiPI ,-'HflmW' ,,\ .i'!tH; ~H i'C'rmu :rnp-4ifmr:n! <'I dettTH'ratwn .If tht Prnp<-rty
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<br />.bait be U1COfpQUded HUu..and -shail ameud. ,.it'W 'ouppkment the (,-,..'\enaot,. ,wd "~!'-"t;mCnh \'t lh;, ~'h~tl~.1t!t' .0. II th..:: uuer
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<br />ul(Judin-J. hut 1R."lt hfnit-ea to~ emrf~nt dom.ilUL .n,..-;j\'C'tlc\ ,-C~.ie '['nton.::~ment ,It .Hr~nlliemtnh ,-';- rnx--\"~din~s. lJ:1hll->iltlfct ,{
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