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<br />I <br /> <br />83- \!u5840 <br /> <br />r <br /> <br />L:;-.;It,jk/l.l ("Ol"i ~..\'ll-" Ht1rrllwcr ;lnd 1 clltler ,:OVCf!-:mt .1IId agree ;:t:-. foHo"... <br />I. Ps.vlltent of Prindplll. and In'l'rest. Iitlrr\)v.~r ...hall pwmptly pay v.hen due the pnncip;d 01 ;lnd lotcrt.'st on the <br />ll111chtcdnc\.\ '-....!(lcnccd hy the l\...1k. flr~raymCl1l anJ l;ltc charge.; ;IS rrov~ded in the Note, and the principal of and interest <br />on <JOY Future '\dv<incc:>. ...ccured hy ,hI... \-It')ng.lgc. <br />2. Funds for Taxes and Insurance. Subject to appHcablc law or 10 a \\-fiUcn waiver hy Lender. Borrower shan pay <br />to Lender (111 the ,.by lllonrhly lO"l~lJlmeOl" of prin!.:ip.d and inh:rcst .ire payahlc under the Note, until the Note is paid in full. <br />;J sum {hCrl!Hl '"Funds") equal to onc-f',\.'eJfth ~'f lhl.': ye..Ifly taxes and asscs'\n'lt::.ntS which may attain pri0rity over this <br />Mortgage. ,and ground rents on the Property. if any. plus {'lOe-tvlc-l(th of yearly premium installments for hazard insurance, <br />plus p-"" twelfth of yearly premIUm installmenr~ for mortgage' insurance. If any, all as reasonably estimated lnitiaHy and from <br />!ime ~o time hy Lender OIl the h.1SI" of <1l1~e."i-.....mcm!J and hills and rcason-ahie e:-timates thereot, <br />The Fund.'; ...hall ne held in ;tl1 Ins.tltUlion the depo.'il.lh 01' Jccnunls ('If which are insured or guaranteed hy a Federal or <br />'\Uitc .tgcnc~ I mduding Lender if L:;nder I" sth:h all In'Hitut!on I. l.ender \hatt apply the Funds to pay said taxes. assessments. <br />In'Jurancc premlUrno:; :wd giOund rcnt~, I endeT fllay 11(l( charge h)( so hl'1iding <lnd applying the Funds, analyzing said account, <br />\)f ..-en(Ylllg and compiling SZ1HJ a~~eSSlllen!~ and hith., lloless- Lender pays Borrower imcres.t on the Funds and applicable law <br />~m]its Lendcr In mak~ ...uch u (:harg-e, Borrower and Lender ma~ agree in writing at the time of execution of this <br />MortgJge [11;H HI!cn.:'\.r \In ihc Fund::. "hall be pald t(l Borr-O\\-'er, ;iod unie~\ ,",uch agrc.eme-nt is made or applicable .law <br />rcqurf6 such intcrc-"'t h) he patd, J.end(.~r ,hall nni he required h) pav B-orro'-"'er ;lilY interest or earnings on the Fund.",. lender <br />..hall gf\'c to Bnrn)\...-er. \\lthouf \.:narg-e. ,10 _InIHl,ll ,h'Clll1nllllg: M :ht: hlhd.. ",ho\\'lng credits and debits to the Funds and the <br />pllfpO\,e 1.'f \'.-hl;::h cti...:n dch: hl the hmd:. V.;h m,ti.k fhe Fund:. iln.~ plt!dgeo ;t~ .tl..idltional security for fhe sums secured <br />hv fhh \1nrli!~H!C- <br />. 1t the ~t~"l~;llm ~~j lhc Funds held lw I.~ndcr, [ne:-eIh~r \vnh the lu[ure monthly inll.tallmenrs of Funds payable prior to <br />!he due date') nt I,ne.:>, .I\~""~'lmcnh. IOSU;:.inCc pn:mHJ~u; ;l!ld gr('Iund fl.,'ntS, !>h:tll e,\cecd the amount required tn pay said 'taxes, <br />..b'oCS.'Hncnll., msm,;.tn..:e premIUms. ,\nd ground rent\ ,[~ Iht'\ Llll dl1~. ~Ildi J.~\C~SS ..hall he. :It Borrower's option, either <br />promp.tly lcp;tid to Borrov.~r "r ..'rcdll~d l~l Bi.'rn\W~f fH) monlhiy tnqallmCnl~ .,A Funds_ If the ~lmount of the Funds <br />held hy Lender ,hail not be suthclcnt 10 pay !~lxe"'_ ,1ss,c-\5ments, In''ULwce prCn111lfn, and grollnJ rCllls as they fall due, <br />Borrvwa ..,haH IX:l}' h.... Lender :10\ 3nh~tifU ne-t.'l':<~~lr~ h' rn~~e up the (knclI:m:y within 30 tiays from the date notice is mailed <br />hy I_cnder 10 Bi}rr~',""cr rcyU~Hng payment thcrl")! <br />Up<ln pa\mc-at 111 h:!ll '.'f all sum~ "c",:ufcd h.,. !tH" \1Prlg.!gl:. j ':illkr "hall promptly refund tp Borrower any Funds. <br />held by j cnder 1: '1I1d-er r;nagraph !:-.; hen:(;J I hI.,' PfI.1PCrt\ I... ",lJ ,'r !!w Prnperl\ f) olhcn'"''''t: ~HXIUlfl:d oy Lender. Lender <br />~haH appl), fl(l L}in Than l:umcJ:mtel', pnoi ~(l lh~ 'dk A thl:: P,t)pl..'nv N lh au..pHs-loon h) Lender, an\' Funds held by <br />Lender :11 [he linK ,A .-~pph-catton ,I;'. ,t l...H:"ii! ,#!::iilll;,{ rbc '\.UlTh ..Cl.:urcJ t';y !hl' !\1ongagc-. <br />J. Application of ra}'mCnIS, t',i!e,... .lppiJ":';ll>h: 1.1\10- pri\\ I.it:~ \'ih~n\ I"t: ,ill p,wmenh 1('\.'cl\:cd by l.ender under the <br />'ote :.Hh.i paf(l~nlph", ; ..1ud ::'. h~fe...t "h,d! h<: <lpp!l~J h 11.:ndo fir\! ," p.l\ f"enl .'f .1!llo\mls p;lyahlc II) '-COtler by Borrower <br />:mdcr rar~8-raph .:' hert"of. then in ItH~f~',! i'.nahle l'n th\.' '-illl' th".'n:' :h~ !'rH1{lp;d d the ~()lc. ,1l1J lhen [0 imerest and <br />pnot:tpat 1}!1 -Tn) FtHur~ Adv;iH\.:t,;'>. <br />.t. ('1\.....<<: Lit-n-s. H,'u..,\q;; <br />tht: Pr;,1pert\ whKh ma\' ,,;:~m.: ,''-U\ ,-'H--': ,.\" \itl( <br />fHuvuJCl.l Undl..~f r;lfa~raph ::. h:n>": <br />pay~ lh(fi.'pt BOrr("'H:~! ,h,d, t'r,1mpii\ ' a;I:";1 1.' ! ;.:\].:("; <br />H-offP',-I..:r ,lull m.d..!: [Uf,r'le)H <br />Horn."11lo'er "'haH FI,>l'tlPll.., l;h..~;.1l~"" .n" <br />"~qullcd tl-~ di'i...:ru:tt-c ,;11) "it;,:r, ",'.. ,'" Ii," <br />H1l.:h !len H1 ,J nli.tllnC'f :J...:...:c~~uh;~ I (::..k', <br />kg:ji pr~',-.:.:-Jl:i~' "'-ftKh q~,.l!t' I. r,..-'CHt <br />5. Hazard In'\ulltnn:. tk'!:n"q~: ,;he,d ~,-..~{" <br /> <br />';l t'_l"j " <br /> <br />1<.,. <br /> <br />\,Il! <br /> <br />.,,',~:' en(... ,'Int.' ,h.dl!,',>, lint'" ,;qd lIllPI.)'>I1I(l11'- altnoltlable to <br />,(,H;<." ;:,tll"';bl'h,'~,,j i' 1\J1lCnt' ,'I ~n.l\H1d n:nt., if ,il))' , tn the manner <br />Bc\rI,'I\\~j In.d,m;.: r;t\mCnL ,-"hen due, ,,!!rcctly to the <br />,'1:,-..:\ 1': ~m,)\:nh du(' jjOdt:'f !hl\ p;;I..!-!raph. dna in lhc evenl <br />" i .:ndt.'l' ~!:u,:IPl\ ,.'\IlJ....fl.dnt: \lh.:h puyments <br />f'r.O\hkd, ;1,'; tk,rrpwl'r ',h,dl (hl[ be <br />'jll.' ]:';1\ rHl..'l1\ . I'W l,hh~~~ilhHl ,~~...-urcd hy <br />;"-' ,-., dl'il:ncl "'l:;\l,-L:flh:nl c'l :-,u..;h lien In, <br />'~'d,' ,'1 l"\;rCP\ c'! __111\ PJ.[{ thereof, <br />t'~'~;'.I;h:' '_'..1"',,j ,1n tI:l' Pr"p'-'H\ lo"u:ed <br />,h l'lt1.~; hJl..in.h ,1'-. ll.nlicr llU\ f\.'qtllrC <br />.,,'1 ll'...,,J)r~ lh.l! th.... .i11hHIIH tit <br /> <br />d~pllnst !cl.,;\... r-.' fir\". h,~{;H~, ,n"j,;,:~'d <br />:illd :n :;,u;.:h ;.rn.'<H,!:': ;H'hi <br /> <br />~ til <br /> <br /> <br />\!<)!l":d~,' <br /> <br />',1\ <br /> <br />".;." <br /> <br />~d,; ;.l--.:~ <br /> <br />.'-.1, <br /> <br />, I;:; <br /> <br />-,tl;;h LuVtct ail:;; (\":-":1.:0 t'l,;: .\:11. <br />Joe !tutu .ill":'; ,-..J.:-ner l~re'dJw~ I[l\:' <br />!hal ..ad) ;tprrp\.-Jj ...haH ",11 l'C '~:"',1",'\ <br />pn,I:\'^Hkd !;nl.kr r.:"-.l.graph -: ',~,,~.,,: ,', <br /> <br />'H.~"'" <br /> <br />'I. H," <br /> <br />IP:~ll\,.lj h\ ! ('i1,kf~ prc.qded. <br />t'c'l;;.lC'" .i!;tH h: r,od [I lhe m~tnner <br />InJ.t,,;Il~ p:t\men!. \"hcn du1...~. ,~ir~...-tiy to the <br /> <br />L <br /> <br />m:.ur..1nCC ..arne.! <br />,-'\U In~H(..-Uh.'C ;',-\Hi.Jt"~ ,;)l,! 1>:!)','''.\,... I: <br />,:lame::1 Ln',', "f .:ad ,n {,'flU .h',.,.jJL.'l<':t. <br />~H,d Bt'l.frO\\Cr plVmpll\ r"1:1''I0 i CiHkf <br />!k"lff,'\\-I;f 'h.l:! ';:.\(.' fh'IHP: 11.':"...: '..' ~t',,-' <br />flY B:lIrr\~WeJ <br />th\kSoit I o.'lhkt ,,11..1 8fl.l:,"'( ,'lhl."r\\i~l' ,\'::I"l ">'i'II~:d !" r~~qnl.;\ll'll ,'r rr.:r,Hf ill <br />the, Pnjpc:ll} U.ltH.igt;""L P-h'\ld::d ",;,,1\ ,;....\d.l:..') ,j~lJ Ii'll." ,t;-..UlH\ ,l/ lh:... \h1r1gJ.~C l~ <br />not lheleby Unpitlfe-d It 'l,,,,'h tni'..li.,t:,.;j ....'1 r~.i',..( !he "'l"i..U!it\ ,'I 11),\ -'lOltg,lgl: v,\\ldJ <br />be lmp;urcd, the :lhUI.m.;.o~ i'fV\,t.""i.-"lJ" ..,h,dl be r,\ in.: ,~~...,'C(d I', ;:~,.., ,\l,!!1~agl.~ hill! lh~' t'\....l.''-;s. If ,Hl~ pillJ <br />to 8ofnn\'ci h the Pn.)pt'n~ '.., .!t~:ll)ll,'fl-J,,"tll', ~ t'),-;rr"'-~t.:f ' i,:"'p\II1J I.' I i:l)U1.'[ \\',ihlf1 30 da~,:< !1l.HlJ th~ <br />d,atc- fi(ltlt.:(,' L~ mdiic-li h'r LCHJ-e-r 1,' 110[""\\-1.'1 1~\,j! 'nr: ,ij"U!,~n,:~ ,-l!~i~:: ,'~lcr~ ,,,[\i~' ,.L..'" I,-'! i!\\llr:ln..'r:. hend!I" ll'nder <br />,.... i1.utbonu-d t{'1 I.'...)lh:::ct' .loti ..pply lhl: ~~,~UI,1n,-,-' ;'~',<...'crJ~ ,:t l t'ji\.h:~ " ,-Ph'P t.>:th,-'r ~~1 lc~I\'l.jlH,~l\ ," rep,ul '" tht: Prt1pen~ <br />,Jf to ,he ~wns ~,-",,:urw h) tiu'!> Mortg-agt"' <br />U1\j~" I.e!'\\kr .and Burn:'I\\e ,,'lhcr'....~~ .\gl~e ;(\ ...q;\ln~, <br />,if pOltpo-nc: lhe doM: dat-c "t the !,!:,tlWlt\ m\tailm~;ll'" :..:ft.'nt:d ", In <br />~W;:h installment;, 11 un\k-r par.igr.lpn tS here...ll {r!'e l'r,lf'erl\ '~..t""-1ULic0 <br />~n 4nd It.~ an'\,- IH.)ur ,Uh:c jX)ilC-,~ .i.\nJ In dnJ h) ~h~ pH.~Ce"h Iht:re,-", <br />or ~cqW$lt!on 'l~An p~ tn Lendel ll' (h~' e\h,':nt ,...f the :-Hm~ .':':I.:"Ht.'>J '" <br />acquwttOn. <br />6. P'tuen.uu....ad \-1.t~ of P~r1}; Lc-altd:nJhh: ('ondumimum"j J~huln~d t'nit lkn~lopmrnh.. lhll.({y..,,'a <br />shaU k""p the, Property in good repaIr <ttKi ~haH not t'~)mmii l,\. iblc t!!' permit ~mp.Hfmrnl .'1 JetenOritll1.Hl of the Prorclt~ <br />.nd ~l i.:'Vmpl;" w~th the prolii~mf\~ 01 <HI)-' k~ It thh .\tnrtg.dgt: " <.'-11 ,i k.b-:h.lid Ii tf,!'o \h\n~i:t!lt: 1', LIft .1 l!nn If1 ,. <br />i...~-"imum ,H a pi.anfH:ti unn .d'C\'ctupmt.OL BOrfi-..I"'Cf ...h...H perlorm ,;ill ",t Ji,oHo"'-cr'). ~.bbg.-ttt~'\n~ umkT the dt:ctH~tU('Tl <br />Of' .;:-tWef.laOli ",,-realm, (\f govcrrung the ,;,'ouum.\'HUm i1f i't,.H'lnt.~d ',dill d,,"\clq.1n\cIIC ;hl; h\:.l.~';lo" ,lfld n:~ltlutlvn... l)f the <br />~-Olk"1iJU-tUunl Of planned una Jcvd.."lptnent. JOU r,:or.stltuent d..x.umt.'tl;~ 11;\ ..,'ild.HHlntum ~\r f'j,jl'1nl:d Itlll! tk\cll1pll\enl <br />rldot i$ C:1toc-u.wd by Botro.,C( ..uid r<<on,k.d Wll.~!hel \\."uh thr~ Mon!ta~, {h-~ ....u\-.tn.HHt. .'1nd 4etrtem<flh t~! \Hch nder <br />.m.<< be H"Of-pof~ allQ .anu sh3Jl a,tt\(';nu and \-uppkrH4:.nt. t~ <.:Ol.eUllJH_\ ,mJ i-igH:~Itlcnb of Irm, MOrlg,tgC' as II the ndt'f <br />"..,'" . p.n It(,f1'Of. <br />,~ ~ Gf J~'lI Securit)'... H 8-t'.frn~t.t1 Luh l<,~ IXrlt)fm th~ ..-J.'....cnanb. ,m~j dgf~nlC'nls UliHilll\cd HI {hi'" <br />-M4f't... ar It .ny ~uon i.'f ptOio.:'CtJiDf I'\. i,.y,.mm-cu\.-ed ,<\.tW31 Hl.ulefla.ii) ,~jf('d:':l- I t.~thkr-~ ;nh~t'C'l in lht.' PH'lWfI\, <br />U'ti;:ludmt. but rn}t 'tm~t-<<1 t.O. cmu~nt th.'l-fn.iH. hHio~.t\'e,n~y (()f.fe t:!1i(}r~Cmt'fl1. ~'r J.ti'angcmenl'!> nr pr(X'ccdin~~ lnvolvlng ;~ <br />~htpt ffi ~l~~d.rt;\L tMi'1 L~n4k:,f Iff 1 t'nJ~(" ~,\P-lt('~l, ilPPU n{ltJ..t. !', B.nnpy.t:f, n'in makt: ~udl iq'~arJ.Jl\.'e~. li!-..hun~,' ",lIl" h <br />....,m~.. <l\M u~u oi;tl'tb .lI:~tH.}.,"1 ~'I. n: -!to.:e'U$.f)' tH pt",tC\,:~ l.endt-r'" Inh~J'e:,t, UH.:iudinl!t, blH nt~ liml\ed h~, dlst~ur'!'>en\t',nt .'1 <br />~f,""'\4.m~ Ai<<,.lf1-C'} -lj, 11;:.1:1 .and enny u~ in., J~r{:t~Hl to r:h-,~<'. rcp~jp, Ii l1."n(k. r,.qiHtJ,'d lH\\nlUt~C m....lt .ilH.t-O .1" <br />,:t.fw:hiliHl ;A m.a-k~,f" t}w ti!itti '>i,.,,",,~hcd b)' i.h~~ Mi.i'll.j;i:'I~C. n{)H",h~.-;:;J -',!--.;til )''''')- :1)(' j.':>emwm;.. 'C'4IHP;,J !..' ;lHl1ltolnn "~h.h <br />}~4-n't,~ tf\ dfe:.:1 sMd ~~-t~ H-Int;; l~ !-;;-qtIH-tJm?t bJt "ti--,,;'h !!l!l:-.uan..;c kl;rHtl.'ilt'\ ,I~ ,h<,.<,!d.ilh.'\' \'i;',fl H,Hr~n.~~-r', cllHl <br /> <br /> <br />:'1,1 ',! .1l1 .,.".;(k' <br /> <br />< 1~ld,lrd Dwng;lgc <br />t~',ll:\\. ;d, tht:rt~('t <br /> <br />!'I (:1(' ,,~\elH III 1<.1\:., <br />,; nd lHJ.Jt: ptl'lmpll~ <br /> <br />,;;'r"",liHH! .It !"J,l.:...--.:J.. !,'I pr:;l;.;q',d ,h.,dl r1\'t ",'\Icnd <br />,j'ld ::. h;.:r,,',\j ,'r ':!U!l1!t: Ir\e ,iOiuunt I.li <br />rlghl_ (,tk In..\ ~pleIC"! <It Borr~w..-el <br />r"'!!~ ,,-:.In1,~g...- !\'. the Pr\.)~'Cfl\ Pfll\( k\ the ....tie <br />\1,l; q;.1~"" :,n'11l::JI3\l..'l\ Pfh)f t" ,,;,n:h ,>,de (\f <br />