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<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 />