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<br /> <br />Ut~rtroaat Ctavet+tArl~rs. Borrower and. Lender covenant and. agree as foltows: <br />1. >°tityeeat of:PrdaC[pa[ aid [itterest. Borrower steal} promptly pay when due the principal. of and interest on the <br />rxhebtedtiems evidenced by the Note: prepayment. and lace. charges as provided in the Note, and the principal o€ aitd interest <br />an airy Futtzre Advattcts secured by this: Mortgage: ' <br />Z Ftuis torTans asd: law><aace:. Stibjart to applicable !aw or to a written waiver by Lender; 'Borrower spas! -pay <br />to Lender an the day monthly nstaihrtents of principal and interest are payable under tpe Note. until the: Note is paid :n hill, <br />a stttn`:{herein "Fimds°'} equal to one-iweffth of the yearly taxes. and assessments which may attain'. priority over .this <br />Mottaage,-artd ground rents on the Property; if any, plus one-twelfth of yearly premium nstallmenrs for hazard insurance. <br />plas o>at-tweift}t o€ yearly premium installments for mortgage insurance, if nay, alias reasanab}y estimated initially and from• <br />timcto titre by I.cttdex on the basis of assessmentx and till}s and. reasonable tstima[es thereof. <br />The Funds she}i bt held in an institution the. deposals or accounts of which are insured. ar guaranteed by a Federal or <br />statt,agettcy fincludiog Lender if Lender is. such :tn institution 1. Lender shalt apply the Funds to pay said taxes, assessments, <br />insurance. premiums and $routad rents- t_ettder may rat charge far sa haaldirg and applying the Funds,. analyzing said. account <br />or verifying ancttompiingsaid assesstttents and hi}}s, unless Lender pays Borrower interest. on the Farads and apgiicabte }aw <br />pp!mitsLeader to make such s chortle- Borrower and E.ender may agree in writing ai the dime af_exettttion ofthis <br />Mortgage that interest on the Funds shall he paid to Borrower, and. unlu~s such agreement is made or appl}liable law <br />rtr}ttins such interest.. to be paid, [_tnder shall not he required eo pa; Harrower env interest ar earnings on thePunds. Lender:. <br />shtdt give to Borrower, wifhoui charge, an annual accounting of the Funds showing credits and debits to the Funds and the <br />purpose for witicls each debit to the Funds was made- 'The Funds are pledged as additional security for the sums secured <br />by this Mortgage. <br />If she atttouni of the Fiords held by. Lender. tr+gethtr with the future monthly installments of Funds payable .prior to <br />the dtte daces of taxes, assessments, insurance premiums and grcwnd rents, shall exceed the amount required to pay said races.. <br />asuasmettts. insurance premiums and gr auttd rents as they ta!! due. su.^h zxcess shat} be. at Borrower's t?ption, either <br />prtirgPtiy repaid to Btrrrotcer or credrtcr; i0 Borrower an monthly anstallmtnts of Funds, if the amount of the Fund9 <br />hdd by Lender shah trot be sufficient to pay taxes. assessmcnis, insurancz premiums and ground rent.: as They fall dot; <br />Bottawu shtdd pay to Lender any amount necessan ea snake tap xhe tietidra.} within ?() days from the date. notice is mailed. <br />by Letader to Harrower requtst.ing pavtrten: altertaf. <br />Upon payment in fu}I of all sterns cured t7y thxs 'v9ertga};c. i cndrr steal} pnimptiv refund to Bornower ;soy- Fiends <br />heNd by under. if under Paragraph Y K hereof the Propene , x,id .u iht Proper} is otherwise acquared by Lender. Lender <br />shall apply, ru+ later than immcdiatttly pater to f3tc ta}e .>i the Pmprm <jr its acquisition hv. i.endzr. any Funds he}d by <br />i~ttder at the #irrte of appiicatran as a credit against. the sterns srcured by this Mortgage. <br />3. Aggilcaliw o! Psyatate~, tinlt!is appl+cab}t }ais {rrn,:cctts othcrv.i+x, ail payments rtctivtd by Lender under the <br />Ntittattd paragraphs. l attd'. hereof shall be app}trd by ! ender Sirxt in pat'mtnt itf amount's payable to i.znder by. Borrower. <br />utsdts paragraph a hex2of. ihea to anztrtsr payahit ,n the 'r,at..i3rn t.+ ttrc prtricipal of the Nott. and then to interest and <br />pritttsptti on ang• Futon Advmccs. <br />i. (;7targeat 1Jalar. Horros+xr silo}! pea nit laze.. ,,.MSSSmrncx aitai ,ithtr charges, fines and tmpasiuarns attnbutati}e to <br />titea Frgtcces' wiritit titay attiim a ptioruy os•tr ;':rs yiarrgagt. and ?casci,old 7eavrntnts air ground rents, if any, :in tht manner <br />pttsrided ittidet paragraph 2 herer+f r'r. i# nit ;=std rn such rnanner.:,• Li:.rrawrr leaking„ payxrtent, when due, directly to the <br />payap thertui. Btxmwcr spoil Pttrrnpt}v turner i:. i cndtr ati n„+i~c. -,i .,an;+^'ntx ;!era tttidar tfics paratraph, and in the tveni <br />tihae fitaitc: paymtcm dtrcctir, d3<a,-.•~r -.hail l,r.~n:pn, :~irr•.i..h ~,r l.rncazr rzccitux rvidtncting such paymc»ts, <br />BcxrosYV shall promptly disc3targt any '.+rn r,~.n `,~x ;-~~:,r~n , ,~r ~~,. ',t„ncacr: i:.riewdtd. that Borrower spa}l not be <br />nnluved u> u:xhargc any ttuah Ixnr s+a loop its a.•rrr~~r, ~,. ,: .grcc ,-: -,sr,ah :,, the payment ire the aa$iigaiic+n sev:urtd by <br />such iteq m ~ mann~pacceptai+icro Lsn~r., t .6,a;! ar, c,~~s~~,,:ir, ,.n•c.~ ,..,n ~~,~„ r,. •, riisftndcnforcttnent of su,,h lien in, <br />legal pntc•tddtts~ wirtth celetratt to prts^cnt iiie t»tor.emen:.:, ~ ~~~ ~.=n<,,.am ,,i alit Progeny or anY part thereof. <br />g. klaart i#r+Irnrlct, ~t3rrOwrr s?fall Lctp to+x an~,,r~„unt~a•~ ~ . ~ c,~,r:ns :,r ~:c„-:alter rr~ttd cknthti'ri+ptrty lnsurttl <br />xgtuntxicnas iny25te,hatard+,neluatn within ti~tram ,.tn,.lac .., ~.:r,};c ,m: ,r,,'~ ,,,her isazards as hendtr nary trquira <br />and+nrxrch x~attms ~aad fi+r re„ri iti+,u+], .,+ l etMlrf rz,,i ~~r~U~"~ , .~dc...::,s, ! rn t ,nai~ +,t,t requrrr ths4 the amount of <br />~a.. .., , <br />wsrh rov,eratlge tx! tAatart~,.rnt .a _;...c+agr rceiar,n-d t~ t~.., _ ,~ „ .. _~ .•, t~:,. ASartgagr. <br />71Me inwtanoe tartlet , ruairr{irsg tAc :nsuaancr xhal! l,c ,t,.•~xn h, H. r +-r „il,~e.t fix approval lay i,tnder provideda <br />trio suCia apprrwai sha[i taut ere imruanonani+ w+trt>t4d, .Ai7 prcma~,:n, ,~n ~ns,,,ar,~r perlurics sltali t+r paid in the manner <br />pi'*~'~ed ccndrr#uraita{rh ^;xarcof on ,: niK p<,d ,n s+ath manitrr, t*, ly,rr,,..cr rnal,ang payment, wttr~ dixc. dsrrctiy to iht <br />ttsrawatacr ,ratncr: <br />iu insvratteac pta#tt: and r+wais ilartri~: ,.ae,ii hr in term +..rpi+n~s ,.~ t cia+f,:t «+nd ahali n. iudz a st,rndard mortgage <br />ti#a•uat m tavrr.+t soil .n rotor paahk,,~ lrmutr i.•ndtr ~!:~!; ha.c me right ta: !sold .c,c ,•>ia ~ ,ny arrttwaix tPictrul. <br />add &}rrnwet ehali pt.+z~tiyfutnrsh m Lrru>rrr ail -caH^^ai n.,:-,rr ere5 : ! rts'ttjrts of paid trrnisuni, do the Cutiat at lo.r. <br />&,rrc .tr .~ha31 g,.c ix,~mggswttc`c .,: tb¢ numan~r _~nir3 „au l cirri. i rn.r, r :,, x+ake }prt~3 , ;,>s, ,r r.,t ntadt promptly <br />by lfomnve: <br />l;nkua irn+itx~. and l3orro'wrt =15tlrrw++t n);rrt ~,r...~ t.-:!; :-„u a- s, , .-,xer.i, ,,nti 'ir. rpplicd sea tr,,t,uatiori ax repair s+l <br />the ~tr¢Crt) :~ta'nagyai: t*rav+rlt:d ,U~'(', rc it,fa4 mn „ tt~t,an , -n„fT1 <...,'it '.calih!t ;,~ ihC xecuriry ni r}nti .~ipry,~agC id <br />gun rrveaeb}'trtipaartd. 1G rrachar•,,ixrm;,~n ur a~?~,r . ,a ~,, ,~ ~r~. ,,,,r,,c t ,: tba sar:urrzy of :h;, ~lortg-ago woufai <br />'t+it ,cppurrd,. t4rri~c pRt+c+;car .lull t,c ~apPlxd t :n_ ,•.rna, K_.,:rc•S h, this ~fortgage_ with the txv:+s„ if any, paid <br />m Uom~wtr if tip ["roputf s atandr•rwu e~i ~,rt,rwrr, H . ~rrr,~wcr '~,:. a ~ respond tza l.enlicx within si days from rht <br />dstr uoa>Lr ," rna~1: b5' [xsuiear :n ~:rowxcx xlsat nc~ mnxw:+,~e _ as tier .,xttxs ~,, state a ci;c+tn :for ,nsuranae hcnefits, S.endtr <br />,. aiithan[nC to rxtFkra acrd apply the rt.uxatxa: proaxcis st ftnJtr , :=pug+n tititt:r to restoration err repair at the Progeny <br />er rst liar simsx >acauutxf by thstr is9ortg,sgc. <br />Elt+Lrss !,.corder xnd. Burra~rcr r.,httscaae ++Sr're sit waet4rsg.:r,e ,.,,..:, .;{+plicati[rn x>f prei;eeds io prrntipat she}!l not extend <br />or ;+~etpx+e the ddt atoll ,l thr rn.~rthiv :nrtalltrttnts st#x-rrril ~~. Paragraphs rttd 2 }tierti+f or change the anuwnt of <br />xu;:'J ttcuiimemx. if tttsdca paragraph d 4 6er~if tits. i'roptrt. -., ,,ywrc% hq lzodtr, :tl rigfn, belt and interest of Barrsrwer <br />txi. xod toany iitssaaanct pat;crGt ax+d to red ter. the prc'n:ztds isetxtc:; rtsultrng art':m drrzrage~. to the Property prit+r to the sale <br />of acyuzaittptt 3itta}l..l to :Lender to the eatttnt. of Litt sums staurtd by this 4iirrtgagt iinmtdiately pr+vr t+a ~.~ucia .ale or <br />argviswon_ <br />k Pr+usrrrrotianaatt~ Waitsseawce o[ Ptcaprrts; [ t:<rndomioiams; Pianard i)niS 1)evr{trpmcnfr. it,.rrrewer <br />iholi keep nc~ !'ropcrtyzn: good rtPair am} shah not ~.omntit waxte sx permit ampasrrntnr. or .letrri~•raa~c+n of tkta Property <br />and slut; cnmpi;• x,.th -heprowtaarc'ros at any tease ,i this f+tortgrgt rs on a ieastha~ld.. if itsis '.1en.ay;r, is nn. a urn u+ a <br />;:ottdocttimum ,,r a , lanxt+Cti tinii x€evtlt+ptisrnt. Htxrz+aer •.irall nerfi+rm al} +ri Bixrswer s thfi~4t,ons ,,:rder ie deGatali<:in <br />of risrttrYats ,.r~catsng a~+ gov~xning cite :cr.+txion+:na n ~. , :.,:recd auras rfzvtta*pm~+,t. t3~++d kry-daw5 .,~,d regratuiion~ rat rht <br />t^andaintnaum ter ;%aimtrosf aitrit. titve"xaPtnr~nt, ~:rad i.~ sn~ rnr ,!,~iuane+ets, df >+ conifvrrsanittm ar planned s:ntt 4evelirpment <br />r+,5u cc vtsuitu t-v Harrower asdreecudcd :rF,ethcr ,r;th rhos~'forigttgt. ahr ::oaenattts srsd agfetmcc+is ;rf etn;h rieirr <br />rlt.it be ctuxy.;ratcu .nto and shall anitrxi sou ;+dtrtirnt the covenants and agrzements cif tt;es Mortgage .ts ,f the ritrtr <br />4 vst~t x part hcroo~.. + <br />Il.~. 7. Pr+~cilq~ ,af I:esiitr's ~,. if Brit=nwtr wails to prrstrm iMe ~avrnants -idnJ .igrcrment.4 :uniatnrst ~n leis <br />. t4v;i~;e^ or ,t any .,aa~n .;r pxotir~ ds eetmrrtttaacd -wtueh naxttrtr}tj _.,c~i, 1_cnf3et's :ntzrtst in t?ee Prrvlrerty. <br />+:.clu~ng„ Leh uKu t,maicvi ate, crttitsknt rixsrnam. are~fsttcuu;, ~xie t:3tcrsxmznt, cx a~<. n>,:enaeeas ,e 7st+ceealinga aaau}slog a <br />tiv:knepa <?; iluodcc%t. 'hen t_ra~ ~ti l.eudsr .asp<,~. .n, ,apeSn atistaate qax 3ic"rt E ^~_r, -.::~Y '.:kc xucFa appear'a cru». ~ ,1ruY~+:. aeich <br />~a,mn artt: take +w:n e,.,eor, .,., ~ ...,.,.a.x~ ro girl,. t~eY,der`x ratrresi e_.... ~~.a oral urncttz5 `-v',arr~..~:n+crri .~f <br />~aaaor;~t+ie tu:rrmr~, ~ :~rd rn ~:~ -.y .- -c i'r'..[ _., ~. .+ ma1FS r+~~.r:, I c:x,t.r -u:aired ;b<~i:r,*,A~C ,. : oa R~ a-. <br />.. <br />uuSl;h.tan :t ryakxng rc `_.,~ _..,.~_, n ..a `.1c _:,gr.~ BFatr€iur.: ^~~.~ _. ~.,'lttrafCSx •c•~Tt c.reu t ,. ~,c..i._. . _rtYt <br />:rraarap~C. ,.x 'Sit ,r !i ~_. urnr :, ~.~ ..u,, r;,x:c~, t -,<cRr aka,... ach' ..., .. a acs, .darr,;c re_'• t.~.: ,~ ,,, :utu <br />