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<br />84...... 004231
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<br />l: ~',al"\lkM COV! .... \~T~. lh1rfOWC[ imd LCfllkr covenant and agree as foHo\\'\:
<br />t. Paymt't'tt ~,f r"",~@81 and Interest. BorT\lw~r shall promptly pay when due the princip;d of and Hlh:rc~t llil the
<br />Il1dchtcdnc:-.~ cvidcl'i'(:~d hy"the N0k. prepaymcnf ,tllJ late chargee a~ provIded III the Notc, and the prim.:lpal of and interest
<br />on an)' Future Advances secured hy lhi~ MOrlg<lgc.
<br />2. Fonds for Taxes and Insurance. Subject 10 applicable law or 10 a wnlten waiver by Lender, Borrower- Shl.lll pay
<br />fO Lenuer on the d;.), lTlotlfhly in<;lallment~ of prindpdl and interest arc payahk under the Note. until the' Note is,paid in full,
<br />a sum (hcr~jn --Funds") ~qual 10 one4twelfth of !he yearly tax~s and assessments which may attain pri'ority (lver this
<br />Mortgage, Hod ground rent~ on the Property. if any, plus one-twelfth of yearly premium installments, foT' hazard insurance.
<br />pillS uncwtwclfth of yearly premium installments for mortgage insurance. jf any. all-as reasonably estimated initially and- from
<br />lime to time hy Lender on the hilS IS of i.lssesslllcnts and hills and reasonable estimates thereof.
<br />The Funds shall DC held in an insti!ution the d~posit~ or accounts of which are insured or guaranteed by a Federal or
<br />,fate :Jgt'fl('Y (indu-ding Lender if Lend!:'!' !-.; sHch ~!n l!lS!i!u!!on} _ I.cnder "ha!l ~!rp!y the Funds to pay-sard la-xes, ass.c.~s:ment8,
<br />lIlS11ranCC premiums a~d ground rents. Lender rna!' nor charge 1'...),. so holding and applying the Funds. analyzing' said aC~Q_l1nt-.
<br />or venfYll1g and c0mplJing said asst:-ssments and hills, tlnles-s Lender pays Borrower interest on the Funds and applicable- Ja\V
<br />permits LenDel r~) make stich;) charge. BMrower and Lender may agree in writmg at the time of execution of -this
<br />MOr(g3ge fh.1t l!lh:rest Oil the Funds ~hall he paid to Borrower. and unless ~uch agreement is made or applicable -Iaw:~
<br />requires such inlac-st to be p;Hd, Lender Sh~lll not he required to pay Borrower any inrere.'il or earnings.on the Funds.- Lender
<br />"hall give In Bl1rruwcr. without charge, ;10 annu.t1 accounting of the Fund~ showing credits and debits- to the Funds and the
<br />pllrpO\C h.)r \\ hli:h each lkhit tli the Funds was m:ld#:. The Fund:-. are pledged as aJdilionol security for the sums'secured
<br />ny Ihi" ;\inngagc
<br />If the .amount ut the FlInd~ held by Lender. {ngelhcr \"dln the future monthly inslallmenrs of Funds payable priur to
<br />rh(~ duc d;;!tc~ ()f ta:\t:'>, "-!j:<"cssl1lem~. lnsur;loce premIums and ground rents. shaH exc!;cd the amount required to pay- said- UlXeS-;
<br />as'\c-ssmcnh, mSU[;.tn...:e premiums and ground rents as they Ltll due. sllch cxccSi shalt be. at Borrower's -OptiC;-l. either-
<br />promptly repaid to Borro\\-er or ..:reditcd tn Borrower on m0nthly installments of Funds. If the amount of.. h~~-: Funds-
<br />held by Lender ..hall not be sufficient to pay taxt.~s., J.ssessments, in,ur:lI1cc premiunA and ground rents as -they fall- due~
<br />Borrower :'Shall P<lY to Lender any amount ne1.':c!<.'<;<lry !o make up the lkticiency within 30 days from the date notice' is mailea
<br />hy Lender to Borrov.-er re\.juesling payment thercnl
<br />Upon paymcll! In full"r all sums. secured by till" ~h)j';gagc" I cwkr .-t promptly refund f() Borrower any Funds
<br />held hy I L'nJcr. If under paragraph IS hCfCO! rh..:: Prnpcrt\- l" \t,ld \H Property IS otherwi.;;e. acqUIred by Lender, Lender
<br />shall apply, ill) I.tief rhan IInmeul;Hc.i! pnor iO the ';lie ,,f Iti.;: j);opc-rty or its a.:qui5iUfHI hy Lender, any funds held by
<br />Lender at the l,rlh.' ~;{ ~irphc.Juon a~ il ;.:rcdit agaUl:.[ the: sum, sC(llfcd hy Ihls Mortgage.
<br />.). i\pphcadon or PalmenlS, Cnh.:s.s apphcahic ld\\ prondes l1thcrwisc. aii pily{Hc-IH~ i6.;-eivcd by Lender .indcr the
<br />NoLC and paragraphs J ~md ~ he-reel s.haH he applied hy l,cnder tlrst HI ra\ men! 01 amounts. p~lyable to Lender by Borrower
<br />,lOder paragraph 2 hereot. then Il) mtcrC!'.1 payable ,111 thL" 'nie. lh~n [" th~ principal oi the Nme. and then to interest and
<br />rrlllclpall>o a:ny FUlure Ad\'anl~i,."..
<br />.., Charges: Lil'ns. Hprnl\'-Ci ~h.dj li;1~ .,11 i" '\\. ~ ,~~~'..'-.[\l<..:nh i ;1d llth<..:r ~ hM,L:'C~. flnc~ ;'lIlJ Hnpof.-itlons attributable to
<br />the Propcrtv whij,;o may ;dlam a p;-,,'>rjl~ "\-1.'r lhl" \tong.\)!e. .,:Hl k".,dwjJ p,lvmcnts ,lj' ~ro(ind rents. 'if any, in the manner
<br />prOVided under [1aragraph .2 b.'fC.H ,lr. ,t p,1t ;1 "u..:lI \H;wn>:r. lw B\'ff\\\\l.-'i' makmt: paym~nt, whcn due. directly to the
<br />payee !hen:~'>L B,)rW~l.t.~i <.nJ.H ~~n~mr:l\ I,I I ;':;hh:,' an l~'}1-':~:'1 l~t ;IIlhn;:;b du.:: under lluo.; pJ.fJ.graph. and in the event
<br />Borr~1\\er ..h.1l1 make paY!lIl.:nl du \.',:1 i'. Bun,m~'f .',q,! !'tl1mpth lll!n:..h !,\ l...:rll.kr n::-u;iplS t'\'idcnnng such payments.
<br />BOHL)",,-cr ...hall prnmpHy Jl..dEHgL' ;-W\ i:"::1 '., ::;.,.'1, .,-1-<; i-.r'{\fJl\ .',\;1 dH\ \h)rlgagc: prm'ldt:d. that Borrower sh<ttJ nut be
<br />lel.J:Wrl.;Q II) l-"~,-h .~c tll\ "lh.f' 1'-1." --. '.\'.~ ,1:-' tit.l"I,'....! "holl! ,l<:'>':1.: l~\ ",iilin~ t.' In.: paymnl! 01 the \1bhgation ~ccured by
<br />~llch ;l~-~ In -i:<~}~~;;~;l~r :h,~~""rl~lh!;'>~:: I"~n;:i~.r- ..; ;:~,,'d !.;j,h _c";L''', '.h.h !H.'lj h\'. d! defend l.:n!on;:~ment ot s.uch lien in.
<br />le~ai pnl~i..'\.'Jmg'!> \\hH:h f'pt..'r..i!l' !,1 FI:\C:1! 1:\..- ~-:1!'<,-;:Hl~';1i l~\~. h'<1 ,'~ 1~1r!~llUi>.' It! Ihe Property 01 any part thereof.
<br />5. Ha'Lard Insurutu:t'. Bt'ntn\C'l ~fuij k"::.:,, ;tn': '1 'l':",o.:ml'r'\, ,-'..j'>!ll!"'-: .'1 !,~rl.:;tltcI l..'J1..',:teti (\n the Pr'1pcrty insured
<br />:.tgaln~1 il_\~" h\ !1rt."_ haL;uJ... ir:~~-l\!\J~.J 'A,th'1) lh~. 1(.Pl: ,'\i\."hh..'t! ~"'':i .illd. il..h \)(hcr hJlJrd... a.. 13.;H,h.'j may require
<br />~!.nd in Mh.h ,!n'\'\:lll~ .In..i ;,'f ..,,, i''-'il\'d~ ,l~ i t:in.k; ",",Ulr~- lJ~;'1 l....ll\h:r "hajj 1\\11 rCLluln: !hat the Hmount of
<br />'U\.:h (I.:\-Verag.,,' t:'-'-'!.:I...'1.i Hu: _\nh'c;l~. ~':,,\~t: ~~'ql:';,,:d '" -,",-i;!~",l i-.\ I~W" i\toJt~;Ig:e
<br />Ihe 1ll:iULH1.::.; ,-.lInt!" prl\-;,-HlHl': lh~ :,huj,H~~;: ., '"t'!! h\ l!\'(rL1\....:-l ,<ubrcd '" ;IPP;(lV,:l h~v Lender; provided.
<br />thai ~uch J.pprJ.l\ili ,hdH n(lt fee "l:it.'.h,W.thi\ -,;.ilh,;("~d \'1 ,'n H,'U:,j:k;l: p",il..:\cs ...h;.,1i t1..:: paiJ ill [he manner
<br />pr(wldc:d \,ndC-f P.lfJglaph .:: h:h',ll 1,'j ,,~\i. P,!<,,! ii, ".l,-f' Oto.in"t:'i !-->\ B,'!f",,"'r l1laklll~ p.l~menL wh~n due, directly to the
<br />msuran\;~ ..:ar: Ice
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<br />-:lau-s-e dl L.i;"l-1, ,'1 ,-;..J ,;t ;.lJin .,,,...:pt..~\k " ,...". I. ".~
<br />and Bl)rrt.-.-....~r ~h,,;, pl~Hnp!h ;':lnl'l-h i,' t C'lll.k. )',c\,ji
<br />Bon,Wn..'1 "fl.l)! :.:,,1.' f'h'lllpt P\'ti~,: ~ , H1\.' ilJ"UJ.I',_l' ~.lfJ'l.: ,1;".11 <:1:,11,::
<br />r.} 9..>rh}W(1
<br />l:n1cs..,,1 ~'rl~kl dnJ 8t'il,,'\~..., dht'f\";-''': _~~;''':l ,~f;r ilf- ,'i"i.'.l;j~1.. \"1''-.(.;;:.1., ~h,-.dl tk .q'plleJ 1,1 n::.h'Ltil\)1l ~1r rCIMir I.Jf
<br />the Pn.)r~ll~ ~Ltmdg~.f. pr\\.\!\k~i ."..:h :1'~iL'i.i.::"l; ,'! ':".:),tl; ~ \''''':h1!1ll...,~d> f:,,'.e-,.Ibk ,HId IhL' <'C":lliHy 01 !tl1S \1ongagc l.!i.
<br />Ill.)! ihc{~b~ Impd;r~J It -.u..:l1 l,-'''.~'l"hll' \\1' hi)''': i, ''''~''lh:nl'~"':'' Ic'x'fbk c'r 11 the ~I.'i.tli ,if !hlS !\-h1f{g;!g\.: wt.1uld
<br />he lmp.!lf-(J, the ll1:"til,tn..::..' rh'....:~..:" "n<-lH h: df'i'l,Cd t,> Ii\;,;" "Ullh ~l' ,,(o:,j h. Ihh .\h'ng<l~~, the ~\....'<:,,~, if .lllY. p:ud
<br />to Born'.....t:i !: !he Prl1p.:n' ;" .~t'.w~i,'nl.,:d h B<lli.;\'ot,',., H,llf,'''t:r L,,;-, ; 'lv..th'lilJ tn I ('!Ilk! "lthw 3u Jd\~ ttLlm the
<br />Jal~ nuu.:c i~ malku b" Lend,,; iI' H';-'lr\.l\\1."[ ;tl,i; :h". ,:1'Ul~Hk": ~,l:l;':; ,':kr" (.' -,'n;~ ,t "LIif\1 t.'>l Hhur:'Uh'-:t: h~nc.til~, Lender
<br />lS- aUlhofliCJ. lu ....l..Iik-.:t. .-i.nJ ,l'ppl~ lh-e Lhor'l;:"",: ',''':Co.c,.h .,t I chkl ~ '-'1-'11"'1' ~,Iht:r Il' r~~",lLllH)f1 .-1 fcp.:ur ,'I [iw Property
<br />l'f to the s.um.:. ~-..'...dreJ t,} tht... ~luitgago::
<br />V;:Ik'S:> Lcm.kl ~nd Borr\.-'.\c. \'tb:l\~h'-- .j!P"'C ,;, "'j,,;nc ,:n~ ...~,..n .lp;~,;~,I:l,-\,1 ,~! f1ldl..,,:.:J:-; l;.ll',t!h.ip;d ,h,lll flllt (',(end
<br />;;)f pi."l-stponc the JUt' Jatt.: .'1 :hc rn.'nJ.hh Hl..l.tiiwt.'!l:" ;.:i.::n:J I" r;u.;:~!.tplh j .;nd ::. ht:'I..:.}! " ..h,III!!L' ihc ;Inh)unl t.1(
<br />.:olKh Hbt...l!m~nh !t under raragr.iph :~ nt're0! ,ht: Pr"lX:r!~ ;~ '1':''-[\l<Il'J f'~ Ll.'n\,kl ,t;; llgh;. l:!k :HlJ lI1h:r~st 0: H('l:rro"'~r
<br />m and hI an~ ;n~ur.ln.:c: ~)h~le~ <Uhf III .1lIJ hI th\.' i~!~l"-,,,,-"J~ ;hacu~ f,~,,,t1illng 1r,lill J.!l1i<lg..: f<) {hI.: Pr'-lp....l'l\ pr,,-lr III the s-~dc
<br />;''1[" a~qUl~ltlOn ~haU pai>~ hI lxnJ~l fe' lh,.. I;;'\.lcr;t ",t ~h;: ..dill::, ~.:,,:urt:1.1 !~\ ihh \h1irJ;dg,,; ;nldi~JI.Hd;. r1hJf ie' ."Kh sale Of
<br />ac.qutsiUon,
<br />6.. l"re8enatioll and -'1aiU-h'n.nce of Prupt'M>; Lt.'.....choid,; (ondominlum",,; Planned l. nit Ut>,e!upm(,l1b. Hmro\\-l;f
<br />shaH keep the Property in g(~)d rcp.Hf <HH.l shall n(\t ';ttnHlHl \\,-f::-.IC i.-,r ,~:rma anp.IJrrnenl i.'f Jt:l~fhH"llit..Hl ,,'I the Property
<br />aod shaH ,,-omph v.ith the rIO\'t!,h)n~ <)\ ;'Hl\ lea.se l' dlh \hHtf!,4g..: i\ ,l!1 .i L'.I~d",;J_ I! !hh \t,)n~~.J~~ 1'; .In .1 \1(1\1 tn ,\
<br />~(}nu-vmilllum ~'J ~l pliinncJ 'Joet de';cli)pm..'nt. HUnU,\Cl ~h.di i~rt,--Hm ,lll d B"l!'f\l'>'-C'.:j, llnd.:! the l-kdJ!'aU0l\
<br />{1r ,ov~nant,. ..:rcatmg ~1r gll'\iCflllng Ih~' .::...lll\J"lHdliwn 1'1' f'1..>!H'\i.'d '<'];1 dl'\L'j')PHl~llt !h: b~ ,!IH.1 n;g,tlla.tlt.lIls \11' lhe
<br />':vndOfilimu;n or ptimned lInH d~'.'eh,'pm~tlt. "oJ ;.;.'1l)lllu~n! dO-(Ufn-i.'Jlr.. !~" ~,\:j,h\nllni\';m ('r rLlnll~J tin,! dt'\t.:l;;'pmenl
<br />rider is, a-eculcd by Born..Y~cr ~nJ {e-\:oid€J t~,~dha \'.Hh fiw. M.lnf;'t~c. rht: ",",'\\;lIant.. and .1~rt.'~:m~l'1t~ d '<(I:..-:h nut"J
<br />shall be tnt;orpor.ued IUlo ;Hld ~haH am\:od a.lid ~UrpiCllh.:nt lh~ "':\.I"CIl4nt.. .loll il~l\,'l,;m\:nh 1.J\ th" ~'f(Hlb.\g" a~ II Ih~ nda
<br />...."ere a part hereof.
<br />1. PfOlt"dkm of Leodtc's Se\:urit)'. l!' HOiJ"tlWCf !:uh Ii' pt:"fhHlh th;; ~;\\l.'n.lllb .!n~. ,If!~>l'll,,-nb ,,',Il!~H\lc:J In ihl"
<br />Murtg.aiJ.:. ;'1( if an) \l~tll)t), <>f f~tP'\:~'c...lm~ ''- ~1:;mm\.nU::J ',\~1!(.:h mdt::riJlly .i~T.:,-:h 1 cn~kr'~ illlt'IL;>t in lfh' Pl1.1i't:ri\
<br />mdudmg, htlt npt limited to, l..':fT\mcnl d\'m~lll, ~f1..\)l\'t:lli..~ ~-i,\d-C ~'n:~H<'l.:mcnl. nr \~i ;'In(\'cJill).:~ ,n\n~\!Il~ a
<br />ha.n..p~pt VI' .k,,\.'Jcnl. lhel 1..t.'I\Jl:"t ,It l CUDet-' \'plll'n nd;"l..' ~\" B','n(!~d ;'i,,) ,)).1; ,i!lj','.H.,lkn ,i:..,.hu:"" :1\1..h
<br />"tdlY\ .\od ud.._e iu~h ,i-\.:tH_H) -it'\ 1:\\ ne>..'cs:r.ar)' to rll1lt;~\-1 cndt:f\ Intc{c:)i linllw,,! I~\ di..h.H'C'l1leni e'1
<br />f>::;$\;.').f\...bie ,~HOinC}\, h;-l.c~ ;mtl ;:-nu} (Ipun {-he; PiOpC \y h} JH.1k:e fql.,_l'< Ph': 'J:-'.1~,' m"I" .,'~h'~' ;,-.,
<br />~,Hi.hIlVt1 \'f rn,~~HI~ the lo,!!l "":~\t'I.:J b) ttu'! \1..'ltg~ii.~', l'hl11",,!"'l ;H.:d ;,\ 1\i,UllL.d'
<br />!f\'H.lJ;!ln;;'~": i'l ,~1fc,-,t unH1 -,jl.,:h liftl\; ~n. ;h.;; r(:i.,pHr,~me:H 101 \u..:h ~r\~<i;;i'~\'\ f't_'ll,-;,\,'l'
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<br />.'~iq ,hi:: \\. I t:'h_k[ .Ii!..! "h,-lH Jlh_Iudc.1 ".,Il1J,lrd 1110ngagc
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<br />; h~: ~~-~;~:l~' :);l"~:~!J hr~'! ~:'lll~li!~:,~~:_ ;!!11;.: 11~~1t:~~:,~:~t (~~Il~~~:
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<br />i ':;I<,k'; :l1t!) P'.ll..\:- f'll',l/ l'l ;r',<,~ It rhl{ flHIJC pl'omprly
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<br />All in::.ur .Ill':': r''-\lt\..a-" ,dh1 It:n~',,".l~' Uh.~il..' "
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