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<br />UNIFORM COVEN.I~N1~< Born1wer and I.~IHjcr coVenanl anq agree as follows:
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<br />l. Payment of Prindpal and Interest, Borrower shall promptly pay when due lhe prmcipal of and interest 011 the
<br />indebtedm'" evidenced by lhe Note, prepayment and late charge, a, provided in the Note. al1d the principal of and interest
<br />Qn any Future Adv...nt.'c~ secured by this ~h'Jrlgagc.
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<br />2. Funds for Taxes and Insurance, Subject to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lender on the day monthly installments of principal and interest are payahle under the Note, until the Note is paid in full,
<br />a sum (herein "Funds") equal to one-twelfth of the yearly taxes and as~ssments which may attain priority over this
<br />MOllgage, and ground rents on the Property, ir any, plus one-twelflh of yearly premium installments for bazard in"Jrance,
<br />plus one-twelfth of yearly premium installments for mortgage insurance. if any. all as reasonably estimated initially and from
<br />time to time hl' Lender on the basis of assessmenls and hills and reasonahle estimates thereof,
<br />The Funds shall be held in an institution the depos.ts or accounls of which are insured or guaranteed by a Federal or
<br />state agency 1 including Lender if lender is such an institution). lender shall apply the Funds to pay said taxes, assessments,
<br />insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds. analyzing said account,
<br />or verifying and compiling said assessments and bills, unless Lender pays Borrnwer interest on the Funds and applicable law
<br />permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this
<br />Mollgage lhat interest on the Funds shall be paid to Borrower, and unless such agreement is made or applicahle law
<br />requires such interest to be paid. lender shall not be required to pay Borrower any interest or eamings gn the Funds. Lender
<br />shall give 10 Borrower. without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br />purpose tnr whlCh each debit 10 the Funds was made. The Funds are pledged as additional security for the sums secured
<br />by this Morlgage
<br />If Ihe amount of Ihe Funds held by Lender. together with the future monthly installments of Funds payable prior to
<br />the due dates of liixes. as.sessments. insurance premIums and ground rents, shall exceed the amount required to pay said taxes,
<br />asses.~men's. insurance premiums and ground rents ~iS they fall due. such excess shall be. at Borrower's option, ~ither
<br />promptly repaid 10 Borrower or credited to Borrower on monthly installments of Funds. If the amount of the Funds
<br />held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due,
<br />Borrower shall pay to Lender any amount necessary to make up the deficiency within 30 days from the date notice is mailed
<br />hy Lender to Borrower requesting payment thereof.
<br />Upon pavmel1l ,n il!1I of all sums secured by th" Mongage. l.ender shall promptly refund to Borrower any Funds
<br />held by l.ender. If under paragraph 1 ~ hereof the Properly" sold or the Properly IS otherwise acquired by Lender, Lender
<br />shall apply, no later than .mmediately prior lL> the ,ale of ,he ProperlY or ilS acqulsition by Lender, any Funds held by
<br />Lender tit the nmc ...1f application as a t.::rcdjt agamst the sums secured hy thIS .Mortgage.
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<br />~,. A;-;;':"'~~i!60~ i1! .r".i!iym!:'iiiS. Linjc~5 ~ppJi.;..:ab!e Law pfv~h_h;::, !..,U"'!<.""w;st'. '-iH p...ymcms receiv~d by Lender Ullder the
<br />Note and paragraphs I and 2 hereof shall be applied by lender first ;n r". nent o(am(\Ul1IS payable to Lender by Borrower
<br />under paragraph 2 herenf. then to Interest payable llO the NOle. tr' k ,:'71C princip?J (h the Note. and then to interest and
<br />pnnctpal on ..my FUlUre Advances.
<br />4. Charg-esj Uens. Borrower ~hail pay .\11 LtX~~. ..1",-sessITlenh .lnd other l,,;'harges. fines and impositions attributable -to
<br />the Property which may attain .l pri,Jrity (wer thl~ ~1ortgage. ,iI1d ka.sehold payments or ground rents. if any, in the manner
<br />pro\'ided under paragraph 2. hereof or. Ii not p:'lid in such manner, by liorrower making paymen~~ when due, directly to the
<br />payee thereof. Borrower ShilH promptly ll!rOl~h [0 Lender all nouccs of amounts due under this paragraph, and in the event
<br />Horrower shall make payment dJfcttly, Borrower ,haJJ promptly t'urnish to Lender r~I..'eipts evidencing such payments~
<br />!lorrower shall promplly discharge any lien whICh has pflomy mer Ihis Mortgage; provided, that Borrower shall not be
<br />required to J!s..:harge dny such hen ~o long .tS Borrower shaii agree in wrillng to the payment of the obligation secured by
<br />such hen in a manner acceptable It) Lender, or ~ha!l In good fanh contest sll..:h lien by. or defend enforcement of such lien i~
<br />legal proct.'"edmgs WhH;h I..'peratc tD prevent the ~nfL'n;emenI of the }\I;:11 or forfeiture of the Property or any part thereof~
<br />S. Haza.rd lasur8oce. Borrower shall keep lire: lmprov~menb now existing Lir hereafter erected on the Property insul'ed
<br />agalf1St less hy fire. haza.rds induued wlthm tJw term "e.\tended cl,wcrage". and such other hazards as Lender may require
<br />and 10 such amounts and tor Slh,:h perH:x.1s as Lender may reqUlrc~ pn,wided. that Lender shall not require that the amount of
<br />such ,overage exceed that amount Gf l.:OVcfagt; !t:'qUlred h) pa\ the o;,um\ \ccurcd by this Mortgage.
<br />The IOsurance .::arrier pro\'iding the tn~lH ance shall ~ chosen by Borro\\-cr subject to approval by Lender; provided,
<br />that such approval shall not be unreason;;bly w!lhheld. A.1l premlllms on insurance policies shall be paid in the manner
<br />provided under p~~ra.graph :2 here\.'{ Of, !! n-IJt p-~:d in such manner, b;; Borrower making payment, when due. directly to the
<br />insut'.aoce carrier.
<br />."11 insurance poht.:les and renewals there,)! shall be in form <t;,;\.:cplable to Lenuer and shall incJude a standard mortgaac
<br />clause in fa\:\.1-f \,f dud to {..,rm .icc~ptdhk [(l Lender. l.ender shall ha\t: the right to hold the policies and renewals thereof.
<br />and Borrower ~h.tii promptly turmsh [0 Lender ail rl:ne.....al nl.)tu.:~s and ail receipts of paid prenJi...un~. ~n the event of Joss.
<br />BorrlHyer ~hali give pft.HllpC nu(u.:e to (he :lbur.-UKe \:arner and Lender. Lender may make proot of loss jf not made promptly
<br />by Borrower.
<br />Unle.\i.S L.cnd~r lino BOff\.l\\('i othecv.'.s.c agrt:c in "' rllmg. in'lIrall~C' proceeds shall be applied to restoration or repair of
<br />th~ Properiy JUjlld.l'f,t;u, ph.,vIUCU :'lw..h r~~iui'Qt;..Hi '-" ..:-p..i. ;~ ;:~o..vm~~u!1y fe~sib!e and the ~~llri(y of this Morts. is
<br />not thereby impalfc~J_ If su~h re:;(uratlOn Dr repair IS not ci.:oollmicaHy feasible or if the security of Ihis Mortgage would
<br />be ,mpalfed. tbe ""urance pf\'>Ceeds ,hall be applied 10 the sums secured b) this Mortgage, wllh Ihe excess, if any. paid
<br />10 Borrower. If tbe Property IS aband,lIlet! ~} Borrower, or .t Borrower fails 10 respond 10 Lender within 30 days from the
<br />date notice is malleo b,,- Lender to Borrower lhat tbe insurance carner offers to seule a claim for insurance benefits, Lender
<br />IS authonzed to collc-et- and apply [he Insurance prt.'CCeJs at Lender's optiun either to restoration or repair of the Property
<br />or to the sum:) Sel,,'llrOO by Ihis Mortgage.
<br />UnJ..eM Lender ilnd Borrower o[hen\i~ agree Hl ~rlling. any such application of proceeds to pnncipal shall not extend
<br />or postpone .he due date of the momhly tnstallments reterred 10 in paragraphs I and 2 hereof or change the amount of
<br />such lfislallmenrs. It under paragraph 18 hereof Ibe Propeny i, acqulled hy Lender, all right, title and interesl of Borrower
<br />in and to an~ insuran~e policies and m and to the pro..:eeds thereot resulting (r,-1m damage (0 the Property prior to the sale
<br />or acqU1$-ltion sbalt pass to lender tu thc extent of the sum~ ~e,urcd hy this _Mortgage immediately prior to such sale or
<br />acqulsiuon,
<br />6. Pftanatlou aud \'sialenanee of Property: Leaseholds: Condominiums; Planned Unit Develop_nls. Borrower
<br />shall keep the I'""perry in go..-.d repair and shall nOl wmmil wa.te m perm't impairment or deterioration of 1M Property
<br />and shall comply with the pro\o'is.100S .of any lease If thIS- Mortgage IS \1n a leasehold. If this ~iortgage is on a unit in a
<br />c,mdomlnmm \)f ;t planned untt dc...ciopmem. Borruwer ')hali pertorlll aB of Borrower's \)bhgatlOns under the declaratlon
<br />or ,ovenants creatmg or govenllng the ,.::;..'ndonlulIum l1f planned lHut dcvdopmcllt. the by~laws and regulations of the
<br /><:oodominium or plaune:d unit Je...c1opmctH. ~md C0I1s.111uent dOi.:umcnts. it a l.'onJominiuIll or phmncd 1Illit Je\o'etopment
<br />ndcr ~_i c-J.t<;'ute-d by Borrower _ and re-.;:oIded hlgether WHh fhl'. Mortgage, the ",:O\'eHallUl. J.ud agreem-ents of such rider
<br />..",II be iDCQrporllte<l .nto ...id shall amend and supplement the covenants .10.1 agreemenls or this Mongage as if the rider
<br />were a p"rt hereof,
<br />7. Proft,ctioa 0( l..e-lldet"s S<<:wily~ If Bllrtl~wtr r~Hb: !o perform the covenanh: and Jgreem.eonts cuntained In chi~
<br />MOfl.la&e-, 01' if any acUon Of pctx'.eedmg I, n,lmmen(('d \..'hh.:h nJi:lte-dally af!ects l.ender'!ii interest in the Prt.)P:rty,
<br />rDChJ.;Jing, hut not hmued. 10. eminent ck"lmaill, illw)vency. uxf,e cnlor\.:crne-nL or 3ffangf::i1\Cnis or proceedings involving a
<br />t.illh&iil vi: .1C\.~\kmi. ine.-\ l.cu-Jct <-it l.tn4;sr'~ ,'-phnn. '_lp.,HI DlltH.:-e: t~, Hon~w,'cr. may make sw.:h ;1-PI~-iU'iUl~~~, dishurse such
<br />1i.Um,i JlIW t1u,\! Juch ,i1t,;ttt:m ;~-S. n nc-.;es~'t il' P(~)I(,A:I Leuder's ltltCrc," IlH:h..h.hng, bui onl lmHtc-\.:t (t.J, \.h~bursemeflt of
<br />fCiU.t.m"bie athjmt:i)'" f"'~!i itnd e.ntf) \lpun !,hc' }-l'fuPCIiY In n1..k.e rq....~Jl" Ii Lender f<;~\HlCJ flHirtgolgc in,>-urd:ncl: ;l'; II
<br />';':\.}iHhii-(:'ft -\\{ m,,~mJ tOt: iO;,\-fl w~,ut'ii b-) ih;", \.1;~n~~W:, H~.'r:._~,"~~ ..h;;.d! r~! ~he pr~m~\..:m5: !eq!;H't-.~i 1<,,1 m~iiltaJn such
<br />if1.su.I,~U-Ct' jl1 dfe..t (I.Hit --'1u...h !HTl~, ~1'" 1he- tC4uircmc-nt tor 'itH.:h m~ur;ltn'n: !cnT'Uflate.s tn ;H..~":'..)fdan("'( wHh Born.wet".. ,and
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