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<br />84.......002298
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<br />UNIFORM S'O"E!',!-Y""~ j t'rrower ;lnd Lend~r I;Qvenant and ;)gree as follows:
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<br />I. hyllltiJ-bt".....tI,W.... .....rest. Borrower s.hall promptly pay when due the principal of and Interest 011 tht
<br />indebtedne~s eVidenced by the Note. prepayment and late charges as provided In the Note. and the principal of and interest
<br />on any Future Ad\iance~ secured by this Mortgage.
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<br />2. F.... for Tu. ... 1_, Subject 10 applicable law or '0 a wriUen waiver by Lender, Borrower shall pay
<br />to tender on the day monthly installments of principal and inferest are payable under the Note. until the Note is paid in fun.
<br />a sum (herein "Funds") equal to one-twelfth of the yearly [axes and assessments which may attain priority over this
<br />Mort....., and ground rents on the Property, if any, plus '>tie-twelfth or yearly premium installments for hazard insurance.
<br />plus one-lwelfth of yearly p",mium installlllfl1ts for mortg.... insurance. if any, all as ",uonablyestimated initially and from
<br />time to time by Lender on the basis of assessments and bHls and reasonable estimates thereof.
<br />The Funds shan be held in an Institution the deposits or accounts of which are insured or guaranteed by a Federal or
<br />stale agency I including lender jf lender IS such an institution). Lender shall apply the Funds to pay said taxes. assessments.
<br />insurance premiums and ground ,enrs. Lender may nOI charge for so holding and applying the Funds, analyzin. said accoulll.
<br />or verifying and compiling saId assessments and bills. unless Lender pays Borrower in,erest on ,he Funds and appl.ieabIe 18""
<br />penni,rs lender to mak-e such II charge. Borrower and lender may agree in writing at the time of eJLecut~ of tbis
<br />MOllgo.. Ihat Interest on Ihe Funds shall be paId to Borrower. and unless sudl agreement is made or applicablela"
<br />requires such interest to be paid. Lender shall not be required to pay Borrower any interest or eaminp on the~FundIi- l.eIideF
<br />s.hall give to Borrower. without charge. an annual accounting of rbe Funds showmg credils and debits to the Fundt,and-tlle::
<br />purpose for whIch each debil 10 lhe Funds w"' made. The Funds are pledged as additional security for ~he s..-.-.aNd
<br />by thIS MOrlgo....
<br />If lhe amount of the Funds held by !.ender, together with Ihe future monthly installments of Punds payable.p~.to
<br />,he dlle dales of laxes, ......menrs, insurance premIums and ground rents. shall exceed the amount "'!Uire,Uopaystlkltuel;
<br />..sesamen.., Insurance premiums and ground ,en" as 'hel' fall due. such excess shall be, at BOrrower's (lptiolt. eit\liD"
<br />promptly repaid 10 Borro""r or credued to Borrower on monthly IRsfallments of Funds. If the a_ of<_':fi~i
<br />held by Lender shall not be sufficient to pay 'axes, .-..ments, insurance premiums and ground relllS ....tllq :flllL~",
<br />Borrower shall pay to LeJK\er any amount necessary to make up the deficiency within 30 da~ trom the "'lIOlicII.~;~:' .
<br />by Leader to Borrower requestIng payment thereof,
<br />Upon payment In full of all 'ums <ecured by ,hIS Mortgage, Lender shall promptly refund 10 Borrower any.P....
<br />held by Lender. If uncle< paragraph I ~ hereol 'he Propertv IS sold u, ,he Property.. otherwise acquired by Lender. Undet
<br />shall apply, no laler ,han ,mmediatelv pnor '0 ,h" 'ale of Ihe Property or its acquisition by Lender. any P.... heIclby.
<br />Lender at the time of application as a credll agamsl the sums secured by rhls Mon.aac_
<br />3. A"'_ 01 Ptoy_ Unless .pphcable law proVIdes othe""",. ai' payments received by L..-r under the
<br />~\)te and paragraphs I and 2 hereof shail be applted by Lender finl 10 payment ot amounts payable to Lender by Bottower
<br />under p......aph 1 hereof, lhen 10 '"tere" payable on lhe Note. then 10 the principal of lhe NOle, and then to in_ 8lltl
<br />pnoclpaJ on any Future ..o\dvances.
<br />... C'-Ie; LiIM. BornJ'W-er ')hail pay .111 f.PH-:\. .1S-'\e5Smcols ,md ofhcr t:hargcs. fines and impositions attributable-lO
<br />lhe Propcny which may attain it pnonty (lver !hls 'torlgage. and leasehold payments or ground rents. jf any. in tttr. ......."
<br />provuicd under paraaraph 2 hereoi or. Ii !H11 piud rn such manner. by Borrower makmg payment. when due. directl, to"
<br />payee thereof. Borrower shall promptly tumt~h tll Lend.er ali notlces of amounts due under thiS puaaraph. aDd in -the ~
<br />Borrower s-h:dJ make payment dueclJ). Borrower ..haJl promptl} ruml~h to Lender re(.-eipls evidcncina such -p-&ymentl.
<br />Borrower :shaH promptly dischar,e any hen which has pnonty o\'cr this MortlasC~ provided. that Borrower- -shall' 'not:bt:.
<br />reqwred to discharp any sucb hen w long...c. Borrowe.r s.haH agrc( to \,\onun, to the payment of the obIiaation,seeuIe!d:,-by,,--
<br />such hen to a manner acc;eptable to Lender, l)( ~hi.lll to gOlltJ {.nlh ..:ont~t slIch hen by. or defend enforectnent of-sudt lieD,,'
<br />Ic,al pnx-eedm.s wtuch operale to pr~\>'ent the ~ni,m:ement of the h~n Of forfellurc of rhe Property or -any ,part t___.
<br />5. ~ I....e.. 8orroVrer shail keep (he lmprovemenl'. no.. e~lsunl or here-after erected on the Pr-operty-i~:
<br />4C&lnat loss by fire, hazards mcluded "'Hhm the tern, "c,lIitende-J ~ovcfag.:", and such other hazards as lender may- require.
<br />and to Sl.k;h amounts and tor "iu(:h penoos as Lender ma}' requIre; pru'luied, [hat Lender shall nor require that the amount of
<br />such CQverallC cxc<<d thai a.mouO! vi C(wer4ge requtrcd 10 pay rhe "llms ~ecured hy thlll Mort,ap_
<br />The insurance carner providio. (he IUsur;:lnce ~haU be ("hosen by 8orrowe-f subject to approval by Lender: -providML
<br />rhat such approval shall nOl be unreasonably wuhheld. AU premHlrn~ on Insurance poJH::le5 shall be paid in'the .......
<br />proyulcd under paralrapb 2 hereot or" ,r not p.uJ tn such manner, by Borro\ll'Cr maluna paymctlt. when due, direcdy to the
<br />I-D5Ura-.... carraer,
<br />AU io&urance pohC!lCS a.ml renewals then:ol ..hail be In to-rm d":CCPldbk to Lender ,.md -shall tnd~lde a standard mo.......
<br />clause In favor of and 10 (oem a..:ceptab-lc io Lender. Lendc! ':'>.hall hu,"c (he nght w hold the policies and renewals thereof,.
<br />and Borrower shall pnJmprJy furm5h to Lender all rt:ne'A...1 nouce~ antl aH recetpts of paid premiums. In the event 0-1 ~
<br />Borrowe-f \hal1IWC pl'ompt nol_ll;:';: (0 Ihe lnsur ..tt1.:c ~arner aod Le-nJ.er' Lender may make prOOf of loa if not made- promptly
<br />by Borrower.
<br />Un.. lender and BorrolA'cr olhe....-I.M: asree In wfUing. Jm,uran~e pr<xceds shall be applied to restoration or repair of
<br />the ProperlY Jam....d, prov,ded .uch restorallon 0' '.pall " ecoMmt<:ally feasible and ,he security of this M~ is
<br />not thereby impaired. It \w;:h re~t"rahon or repair IS OQl et:lHt(Jml..:all~' tcaslble or If the security of this Mon.. would
<br />he ""paUed. ,he In.urance pro<:eeds maU be appheJ to the sum. ,",cureJ b) thIS Mort,aae. with Ihe e_, if any. paid
<br />to Borrower. It the Property is .abandon-cd h~ Borrower, or II Borrower tatl:!! 10 respond to lender within 30 days from the
<br />date noticc IS mailed by Lender lO Borrower thill [he msuran~c: carner offers to seule a claim for insurance benefits. Lender
<br />IS authon.zed to coila:l and apply the IOsuram;:e proceeds .11 L('oiJer's option 'l.':uher lO ratoration or repair of tbe Propeny
<br />or to lbc sums ~urcd by thas MoFtpae
<br />UDias Lender and BonolA-cc vthcI"'AtS4: agr<< m \A-fmog. an~ ~u\.:h application of procecd$ to pnoclpal shan not cxlCnd
<br />Oi puiipuiie tne 4uc J.aii: vi the momhj~ m~aiimenu, rd.:rred It) III paraaraphs ! an,", ~ he-reel or chaole the amount of
<br />sw;b Ul~hncnl&. U under panjcaph is hereof the PrOpel"I) is .l~"'lured b~ Lender. ..11 fight, tllle and intcrest of Borrower
<br />in a.Dd to An)' UlJ,uruce pOhCICS and 10 and to the pnKecds thc:reor resuHtnj trvm Jamaae to the- Propen)' prior to the sale
<br />or aQ)UWbOD .mall pus to Lender to the c:x.tem lJ-t the sums sCt.:-ured h) lht\ ~1ongllge lmmedl&lely prior to such sale or
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<br />.. ~......~.. of .........y,~...... (~_ PIaooMd UIIil Dn............ Borrower
<br />sWI Uep lhc Property in aood repiUf .rnd s-hall noC commit waste ,l( permit Impalrmenl or deterioratIOn of the Property
<br />... sban eomp&y with the proVlSI:ODS vi any leue Ii thiS Mort.ace IS on OJ. leaseht..lld. If tbis Mort.lac is on a unn in it
<br />~ium or a planned umt je'\'clu-p-m~lu. 8orn)wci: Soh..l! perfvrm dll oi Borrower"s obhaIuool under (he declaratIOn
<br />or ~ clWarm, or ao"ccn-Jna tbe condommlum or plo,"oe-d ili1lr devciopm('nl. the by~lilwS and relulations of the
<br />~U1Q or pIaD-.i uau devclopmeru. ;ltld consutuc-nt document,s-. It a condomlmum or planned umt development
<br />rtdII' is euc:Ill*I by Borrower and """,nled lO,ether WIth Ih.. Mort...... ,he coveoanto and a,_men.. or .uch rider
<br />oW be '-P<>raMd lIIIO lInd sbaII amend aOO .upplement the co_enanto .oJ a,_ts of IhlS MOllll8ae as ,f the rider
<br />__ " plIR 1tutIof.
<br />1.. ~........... SecwiIJ. 1f Bon-ower fa4b 10 pe:r(Qrm the ~ovenanl5 and lI,reementl- concallw:d In thJ!i
<br />~ or if .8lll' ac_ or pt~ IS "___<I wh,~ materially adee.. Lender', lUtetcst in lhe Propeny,
<br />indudiaa. but not limited 10. emmen. donlain, IUlOlve-ocy. code en (on:emenl. or ilrra.npmenlS Of proceedinp involvinl a
<br />~ Of ~~ the:G l~odcf lilt Lcoder's vpuon. upon nohce 10 Bonower. fila) make ~uch appearal14..b~ Jlihune !;w.::h
<br />1UIl1* .0It tab: ~ *ition AS " ~uar)i <<0 pfotccl Lender's IntcreSl. !!"h.'luQ:mg, but not limited to. dtsbunemenl of
<br />f<<-~ &ttorM-y'. t.. .nd: entry' upQn the Prope,f!Y to mue repaJfS II Lender required mort,.,,, Ifl$unnce .'" ;j
<br />coodIl;qft 0-' m.kmt tbe loan $el;;urM by thiS Morta.a&c. Borrower ahaU pa) 1M l'-rem!UfTlJ: reqwred 11:1 IllJlintalO iiuch
<br />t.nIur~ in eft_... utIli! ..~acli t.t.fbt. ~ the le"4UirC~" fot ~ ,ni'waIKe t~nIH;\olt.:j, ,n ih.'l;ord.'Kc with Ik"'ltruw-cr's and
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