<br />I
<br />
<br />83';;;" u U 5842
<br />
<br />! :"';11 ,~:,~.: ('~!\'f;'-, ~N!.'" !!"!T!'i\\-'~:!: _!l~! I ~'!!\k'! '."('''''':!l:U!t :~Hd a~:n:... ;,'-, !~'lh~\'I.'"
<br />
<br />
<br />" 1~;llIlU"llr Hf' I'riudlJaI :1Iul IUll'fl'.,!. Ih'llll\\l~( "hall P!lllllpti~ pay \\)1I.:n di.!": IhL' pnllcip,d (11 ;HHI !ljll."n;~l (In lhe
<br />IIldl..'hl~dl1l.::\;:' \:', .,kni.:..:d by lhe Nil!;.;, pn:paymL'[l( and iall.: dlargc'\ ;h rrovideJ HI the NOll::. ,lilt! rh(': prinl'lpal of and inlCrCS!
<br />lln any FulllfL' .-\tlvan..:c', .;,..'(ure,! hy (hI" ~1\WI;:.lg':
<br />2. FUfl(L~ ror T.u:c-s :Iud In"tuum:t', Sub-jcel hI applil..'i.lbtc km fIr l~) ii ...~ riHI.:n W;llvCr hy Lenuer. JhlrroWcr sh-an p;JY
<br />It) 1,L'IH!cr on Ih..' d.iY monthly m..t:l!imcnh of jlrilh:i!,l,li :100 inll.::I\~..l MC p:lyahk' IJlHkr the NOle, until fhe Not-: j~- p;Aid,inJuU.
<br />,\ sum (hcn:w "Funds'") L'4Ual 10 olH.>lwdfth ol lh~ }"I;~lrly I;P;:c'" anJ :t_'\SCS-;flh:nL<:; which may i111ain prior-it;{ over' th-i'S
<br />~'1('lflgl.lge-. and ground rcOls 0n the Property, if any. plu'!; 0ne~lweHrh of yearly premium inst.tlhllcnts -for hazard insllr~ncc.
<br />plus ...mc.twdfth (if yearly prcmiurH instaBmenh for mortgage JnsunH1CC. if any, ail as rcason-ably estim:llcd initin.i1y ~lOd-lrom
<br />Jim!.' l;.\ lime hv Lender on ih... bas-.... of .1,>~~\;-.,:nH':IHS ,lfhJ bdh alld r~;i,,(JIWb!c e'\!l'natcs thereof.
<br />I'hl.: FU'H.is shall he held in ;ll1 :nst/tUli\)!l Ih>: dqx')s,t.. or ;:\i.:':l1UHts {)f WflfCh arc fO$ured or i,.'Uar;1l11eed- hy :l Pederalor
<br />..t;,jIC ,1,gClh':Y tiudnding Lender it t (Odt.'f j" .,ucll ,U1 instiltuioH) I cnder shall apply the Funds to pay said taxes, asse.~smen~s,'
<br />Hl,urall"':c p-n.~lHjtllHS .Iad ground r~nh. I ~ndcr may nt){ charge llH" \0 hl.lldmg ~Illd applying the Funds, ;lnalyzjng said- ac;_count.
<br />,If ycnfyillf: :tnd cflmpiting !'laid asse,>XfliClH!I ,inJ hi/b, links.. Leader p':lY''' Borrower interest on Ihe Funds ilnd ,:\ppticable,law
<br />f";rmi.h t~fli.h.:r [,,~ Illa~c ;'\uch a i: haq;e, Borrower and Lender m:lY ;lgrcc in writing. :il the time of exccutl-on of this-
<br />.\-h\rtg~lge thilt IOh.':r-;;:~t nil iht.: Funds ,bail he paid to BOf(O\...er, ~lnd unk~:s .such ~lgrcemcnt is m.lde or applicable_ laW-
<br />rCllllire-s 5.u.:h Int~n.''\l In be p"id. Lender :.hail not he requireJ w P~\y Borrower In} interest or earnings (~n the Funds.- Lender
<br />..hall gi\cc :0 lhH'(O'NCf. '.\-uhout durgc. .to ;\lHllul ~iCClHJnling uf lhc rural... ...howing credits and debits to the Funds and the
<br />pllrp<~"l,;" :(\r'\\hH.:n c;l\.:n {kh.l h) ~h,-' Fund... was lH:.l.J~. Tb..~ Fll; .b ;\(1.: pll:og::d a:-;. audltion;l! se-.:.urity for the sums .secured
<br />h~- Ihl.' -'lnrtg'lg<:-
<br />H the arnOmlt of !h~ FUfld~ h.~l-d by Lender, t<1g~11H..'r v.-Ilh :hi,: future nwnlhly ins:tallmcnts ~lf Fonds -o-ny'ablc prior ,to
<br />llw due d;tIC~ of la:\,,;:_\, ~,'tt:~mC,IH~_ dC;ur~UH:e premmms ~ml gw,~ rC.!llS, shaH -t:,\cee\.l the ~Imoun{ r~qujn:d [0 pay ~aid taxes.
<br />d'i\C-,tSmcnh in:H1r;m~c f'r"'tnium~ <wJ t;n,und r~nh .b lh.;y f.dl dtl(:, \tll.:h ..:u;cs~ :;;haH be. ;l{ B~\froWC'r'S op-lion. eilqer
<br />pronlf'tiy fCp-:liJ to Born)\~cr or .,:n;clHcd lL~ lli:!fh~Wer i,.ln Pt~'nlhly \n.,l:tllmcnt:s of Funds. If the ;mlOunl- of the _:Funds
<br />held by Lender "hall not he: s.urlklent to pay Ln.!.':;. ~Issc$.'iments. in..Uf;:I1L:C prcmimTl_" and ground r(.'IH~ as they fall dttc,
<br />BOf(ower -:.h;;.H p;))' to Lcntle: ~HW .\mO\.llH nCCI1."~ilry Ii\ m;lkc up lhf" d.:ticlcn..:y WIthin .W days fwm the date notice is maited
<br />hy Lcnd-c~ 10 Bor;~v.cr fC-qUCSIU'i!: f':.iymciH {her...,\!
<br />t.:p,';n f1ayrm':1:l !n fuB ~~t ail f.,UTI.. :iicn.Hcd hy. 0,:.. \-t{'ng.lgo:, 1.i.'-!1.i;.'f :-;hali promptly re-fund 10 Borro\\-cr :my FilOds
<br />held hy I ':-!lJ;::r. H Imder p-Mil.g:r'1ph L... hCr<:OI lfl\:': P:,)pr:rn ;_" <-,\ld ," the Prc\pcflY IS olhcf'.f,"I\C acqlllrhl by Lender. Lender
<br />,h;lll ;ljlP!~. qt, :'.1\'; lh~Hl mlmnjuld~ pJ'hlf hI ill..: ~.l!,. ,'1 :ho.: Pr,'pcl'lv Ilf dt.:ql!lSio;)!\ hs Lcntkr. ;Hry Funds held by
<br />! clHkr ,ll the 10;\\: ;;; .\ppli\.-~alon .1'. .i ~;-i.'-..jl! ,.~all1~1 fht: ~lJ!lh .,c\.~url..'_d !,~ ,In., \-10flb.~I!;C.
<br />J. ;\p,thc.'U.iOd of f'a)'nwf:ufs. !_'~ih.'~" '-1p~"'b':;tH(: 1.1\\< rH""'llh.~'\ \It!k'I..~I''\' !'.IY1llCllh ll',-T!\'cd by I cndcr under the
<br />~";i\h: .Inti p,lr,q!r:lpb ; ;111tl ::: :h:a;~)j ..)~.d; hl' h I J_:nd-;:l hi'>. Hl p.l\ llIt.'ilI ,'1 '-l-tlli..li.;nh p:ly<ibk 1n Lender by Borrower
<br />under p"fo1,grar-1l :: hut"oL then 1t1 !l:~'f:'; i'H UK ;"';"It" th..:n hI tll\' !'llt;\'lpal \1{ lhc Npll.:. .Ind Ihell III interest and
<br />pnn":ipa! '_'ll ;HlY FH!UfC -\d"-,ln.;!"\.
<br />4. Cha'1:N,; l.il'u". ll'''I<'\H_
<br />ti1~ Pl,,\pen\ Whli..'h rn;~y 'L;:!: ,1 ,
<br />Pl',,-1'o!dt',j Hndc: i1~\ragJo:ph 2 h....f~.;'t
<br />p.Ji,'CO: tL';f\;~'l_ IL'rf('\~~r \./1,':i ri<';l1p'
<br />Uo' r~H' ,'f "_h,.a lILl~i..' pJ\ fll;_', I
<br />~}IJit(\\"~l ',::.11; !;f\'mp,:~ jl~~h.l'~"
<br />hJ ..1r.,...li.h s": li~\ ...tiU
<br />h-C1110 ;{ l1-unnc' .1':,-"::,'-l.tt1:,'
<br />
<br />kt:~d r!l\~~.'..:,!Jn:;.. \\;~~\
<br />
<br />.'!'h__':..!\'
<br />
<br />
<br />h.lfL.'l'" liilC' ,HId lIliP,"llil11l,,\ atU'lhHt,lblc- to
<br />
<br />:1. 'I r ,::~l: :1l1~:\\~ 1:;~' ~:lr:~;,(:,I~~ln: ~l~:~;~:: ~~~:~: ~;~r~~lj~\t~\~l~~
<br />
<br />,:n")11'('" d;1>.' 'ltldt:-l th''. p.II.lg:;lph. ;lnu in the event
<br />dh~l t,. [l-l;l!i.'r ;CL._'t,~J~ "'-.l\luh:Jlq; 'dl\:h r~lynlt:'IHs.
<br />\t\>:it-:.1g\' , "bin!, ~h,l( BUjl"\\"lo, ,h.dl not he
<br />11\1.' 1'.1\0\(.;;, ,q lhl; d;'d1i!,lIhlll w~urcti bv
<br />kll'l\.J ~'1:~,'1...l'lUl.'nl 01 s<!.,.:h lien in.
<br />,.r I!;:.: I'r'.'r::t\~ ." _HI) PM! lhL'rc()f.
<br />k,l, il the i'li\;'Cfl~ lfhllted
<br />1,.:1 l'lh\~i h;U.,ld.. ,'~ I ::mk.- !1Lly.' r;;qUlrc:
<br />; i ,--:i'!' "\', i..:.;!ln~' lh.,t :hl" .tln(\lllH nf
<br />
<br />,-. U:lI.3,rrf t'\'iUr~Hh'I.'_ ~h'fh'h~':
<br />
<br />_J~iil\l:it t.'h:> t-1v ill,-~ i~.,.:;\;J" in..-!,,,'
<br />,lnd;n ~tkh .l!1h'i,;;~ .Ph: r,.: "'J,;
<br />~u..-h ""'~f';l~\' ('_\.~,:,:'.'J If);;' o\{lhnw:
<br />! h.i.: 1H~\lLH;~(, ~.j;llcr rH'~tdl
<br />!hal \Ih:h ~lPPi(:lv.d ~juH ;;;_l\ b-.:' '
<br />~'!,\\'Il.:h:J unJer p.lq~r.lph ': lh:lnl: ,.:
<br />
<br />~ :-,1,,:' ~ \.' : i 1.".('
<br />
<br />;,d 1:' ,,;~h
<br />
<br />[ l;' I cnder. rrtl\-"ldcJ.
<br />I' l';nd ii\ Ihc manner
<br />!), iL ;!"\~":( ~;I:Jt:),~ i)~l~mCnl \\h'_'l!'du-:. difeL.tl)' 10 the
<br />
<br />Hl'\.\H;lll<.:C \::;tfnCi
<br />A1I Ul'HiLJn, :~,.IH.:a,.'" .Lid ,cn.',~., ~ !'",f,
<br />d;j,tJ!!,c ;'1 t.":.~f '~l .;n~j ;.:, l..rn, .J.\>.-,:pJ ':',:.: 1"
<br />:1Ihj B-t\.ifP'''-':1 ~!,.::, p;,-..mpt;\ ;d!:l';h 1,' i \,"~1J,:;
<br /><<-{~tfd""(f :-..h.,!i J.' \1.: rr,ltH1H lh"!,~~-;:
<br />hy H\)rr.I-)\^(:r
<br />UnitS$. J '\.'nJl::l ,10.1 fh_lf!,\I,l.\.". "th~';"\,',< ,n:!,:,.: ;;1 H,,:. '.~, H;",),~:, \ l'hk"''''.l- ~h.liJ h".
<br />(he Pr\.)I-":II~ JOl.ll1a!!:l.'d. prft\'hkJ ~,j"h ,,;'<-:.;11:-, \1,', :C;',IH- '~ ,',,'11<\11;), :..:-,....ij'lL' ,i1i\,1
<br />not lnt"feby H"ra\f~J It "IHi.h f~'.,h';..i"~ll \.11 ~,:,:,;!f :~ :1", \.'-I'l1":i'U_,(:;"
<br />he Iinp~"red. lhc ill!H,,'JO":C' Ph}..l.:cd... ,h,~<l {'-; dp-pllcJ h1 t.K '\1Jl~\ ,,,:,;,;tI;d \,. till" ,\1.1r:,,:
<br />h) tloHl.H-\t.'l: 1: tnr: Pro~n\ i\ ,It'o,n~~...\~~t l>.. H,';(,H\\*. ,'( B,'rll~\~l'r l.l,j, \' ll'~P"1!l;,; :
<br />l!..lt: mHK-t' !S nudttl P-" Lender:<1 H\.'rf.n.l.e: :h,i1 :hl' I'hUUO...-..: "HrJl,'t ,,;It.~l', ;,' '-.:(1!
<br />'lI, ~uthOflLC.J t(l (uit;;..! .i~hj ,lppl~' !h~ lH:o.._,:.;;h.\.' il(,'-':("~\l, ,:1 i .:ncl" I '. i.ipu. it l'jllh.:r ll~ :.;~ /,'
<br />,_'f to the 5um~ ~-.:~nfc.,j h,- lhi~ Mortgatc
<br />L'lll-t~;, Lend>:1 .wd B~1ni,)\\'t, \'{h",.r''',.-~' ,'~;C~. ,.llt;:lg. ,ifl) "\1~1; "'t'plk
<br />(i'f fX.)-slp-ont: the th-tt date ~'1f :h<< ",.mff"lh I:)~t:til~nl,;'n,\ 1-:i<.':'rl.."J t,l Ii;
<br />\uch H-lHllHrr.~nt-s. U an-der paugraph jj. hc-rcvt ,:le P;L"r>(.'r1\ 1', ih.<,:li~"d
<br />m .am1 wan)' ;1I:iunw,c pOIK.C!) :md I .,1'....1 h~ ~!1':- 111~r~,'j I\'~'.l;'
<br />or ~~~uj:SlhCln )h:lH r~).';. h-, Lem.h:! h' ihr l~\l;;nl Hl~ 'in):> '--;':~Uil',--> :-,~.
<br />:i-\;t:f\.Hsilicn~
<br />4. PR.H'n-IUiun :and _\Iamlen-ann:' vf rff)fu'rt}; Le..s\dwlrl\.; CUHdomilUtIUI'; Planned t nit Un elopmt'nh. BNrnwCl
<br />xhaU \:<<p t~ Pro-perty H) g~:R)d ft:'pOiir :Hld !.haU lwt ("ummi! \-\ ~~.<.1t.: ['1' p<:i md 'i1;r"i,lltt.'nt \'1 dC'~~'-l;ll ,i,HI.H\ ,~t the Prl')pcrt~
<br />~ind sha.H ~1Jmph wtlh tn.:: pr()\'1s-h8~.s d :.m:- kai.: Ii ;h~... \1\lng,.~!~~ ,'!~:I h:,I\\,'th'~J Ii .\l\_Ht!-:J:~~ 1:< .'0 ,,1 :t!IH Ii} ,i
<br />I;'tl-AiJomlfUum nf <. p~~Hn-cd uru! dc'-eJ;)pftkHI. ihnr\.~VI'er "h~dl pt:n,"I!l' dlJ \A HtlH,...\-t.'r\ llndt.:r lh~ d.:d.lf;:HlOf\
<br />l}f C-vV-CJ.lll!tI~ ("!{"-ahn. .-H J;nvernmg, the ":\llHhwl:tl!UI:\ l.'f f'ti:':~nc,1 1il dl.'ych'rnlcul. irK' ,lHd rq~l:!a!t(\tl'S- l)r' I hI..'
<br />'n>ndom~ni:um fIr pf-in~ u-n\{ \!e\t,;!i:l'pmem. .H'iO ;:O-n",Ii!uC-iH JO(U"l~';!h it... ~-,;jl<.k,nn~;!Un, ;)1 pf~HH\~\1 ~mJl d(;\.:i,'pllH:nl
<br />nde, u crxe.;::utcq by, Borrow!;:t and ft.cor\kJ tll&dhcf WIth Inl" ~h'Hf:~lgC. Ihl.t n_ne_funIS .lad <l~rCt'mnlh ,-1\ \lKI; rider
<br />s;tudl be: tMW:put-IitC.d Ullo- -.iUU.1 )li.-\U .am~mi and. ~uPV{~-fne.nt Ill.:: ",1.,r..t:flMWo ,'In.! ~~_I(\:mCrlh pI filii Mllrt!!~\gX' .l~ 11 lilt: mkt
<br />....re a Nt! 'tiefccl..
<br />,~ ~ of- l..emkt'J M(udf)'. H Snno-w\u /.-Ilh It-' i')<:rj~l;nl tIll: ,-,:~\';l;.lnb did ,tt;fC~lnl,."nts ulnt;1int:d lt1 !f'm
<br />~fiH~" ~H' j( ;iUY ;'k;,l--It:<ll or ftft~t~c.,hhg: .'" ..:-omftH.:w,:C'\'! ;.\/h~d~ m,-H~'lj~H~ dr".;:;.. L,'nd.:-r', ;nh;',~...l in the PW~riy
<br />t~!-UdUi',; l\.Qt ti()t hmittd to. t-muvt,11i ...toiliiolUl. in${l~"em;:}', :"ode n~IFrd:mcm, ,-'f aH.mg~'m!;;nt~ Ot ;-no..:'Ct.'Q\1lgs ill\-'o-1v\fl~~ 3.
<br />~1\.krtl9l ~lf i.k~\.':~r~l. ~~n L1t-ndN .;if Lt'ilJt_.\ '~pht'Hl, upon n-N:';,'\' 1;' thi~l;T"'(r ~H"'J !Hale <,':r,,:'fl ,1fl~M~U".C:\. ,tl!lb-m'\.t'" '>IJd..
<br />~i"'nU,' a1l4 t..~ j,~h .w(-tinn- 1l~ UI- !l~'t).~.atY' 1t) -p(n-t~d L~nde(_" H11.tn:,:--;;.L q"i\.-h~d:n{!, hUI 11(~ JI111Hed h'f. dj,bvrh:-nh~nl nf
<br />rt'~~'" ,qH,n~"~ 19'_~ ;)00 ~t)h'}' Hp(1fl ,,~ Pr(t~fty ~V m;ol,l.,.-e ((:p;~..:", II L:n.J.'l.~f rt'-t.-ji,ifJ;:"i t"!-h"-tt}Z~l:-tl-t.' l\\;.Ur.ilH.~ <J~ "
<br />d~~Jih';on {t! t~.'iHi di'-t' k)~J,l M~....~}f$\! b') 1h.~ MQfi.!,t~ h-\)n.o~';::f ;.h-.~li P~'f ~h;~ jht:1111UH1t. !.;.qwrul lit' m;unL~/H '\u\:b
<br />'~tHfa}l~"" h,. dk~;t t<JHd ~~t\:,h hnl~ ,Hi :}~ f~tiU.;~fnil',~lt ff'H Hi'th :;~\,-I{^*n-.:-;; ~-::;;'!-'-lHl;W.", ql ;l("\~H'!.uIlI;;; \,,,th fh'-!!f').I,L':r'" ;wd
<br />
<br />
<br />';d ,>il-:l!i "-j,,dt. "~olfjddnj lHortg:lgl,,'
<br />'.' !\,'~d il'l' f'dill" r<.'!\~'.-...l:'" then:,.!
<br />,',.;Hl ;'I,-'tllIH~n', l~; dlL" e'.-enl uJ ].:1\,,\,
<br />di.d-,;: fl,",'1 i,)~", 11 "~,'l l\'Llde rrp!Hptl~
<br />
<br />
<br />:....\[,11.\11\)11 (If fep.tlr or
<br />"~it 111:., \h'llg;Jg~ L.,
<br />:h;\ \l,'[t~~;lgl: \'i\I,llJ
<br />I.'\~:,-.,~. jf ,01\ V'-'Id
<br />, I (,Id.... w,lhln 1q d,i\'S !rl1fTl the
<br />1,\: 'J!" if~in.:l' h'll<.:llh. 1 cndcr
<br />;t"!);llr i'~ lhc pf('p~n~'
<br />
<br />:lll'il .'1 Pl,)".;,,~~b h1 ;I;;ikip.tl ~l::dlli,'l ('\t\.'n<1
<br />.nd ::: hell;,'; ,;, dl_rn~l' th.... ,lflh.ll! 11 I OJ
<br />flglu uk .Hi'! lnler~..:-,t flf BCJftu\vCI
<br />,L(:';,lg~ II) in;: Pr,)pt'n\ pn.l!' hl the -'.ale
<br />:t1'", \l,';[g'l:;c i1\t;~<.:d'dll.."\> r:l<." L' '.u;,:h ..alc l.'f
<br />
|