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<br />p QQ~ ? <br />Uim+ctxxtita CavENanrs. Borrower and Letader covenant and agree as Yoliaws: ~ ~) ~ 1 is ~ 3 <br />S. laavmeat of Pefeeipsi a.d: Ialemt. Bortnwcr shall promptiy~ pay when due ttte principal. of and interest on :the <br />indebtt~tteas evidenced by the Alois, prrpaynxat and late charges as pravided in the Note, and the principal of and interest <br />on any Futeue Advances srwa:ed by Ibis Mortgage;: <br />1 Ftmd~ fur Ttaee ami taaiert~ee, ~Ibjeet fa ttpgiicabie law or to a written waiver by Lender, Borrower shall pay.: <br />to Lca3eron the dap monthly instattrnertts of print;ipat and interest ace. payable under the Neste. until the Nate is paid in full, <br />a sum fhtrein "Fnn,s' equal to Otte-twelfth at the year}g taxes and assessments which may attain priority over this <br />lfaatgagc, and gtottitd rents an the Pmyserly; if say. plus;Otte-twelftls of yearly premium installments far haaard insurance, <br />pros aor cruet€th of year$ p+emittm instailmtnts for mortgage nsueance, if any, ail as reasonably estimsted initially and from- <br />tithe. to riser tzy Leerier va the basis of assessments and finis artd reasonahie estimates iherenf. <br />17x Fiiitc~ sha[i be laid in an' insiiigtton the deposits. or accou»u of whic$i are. insured. ar guaranteed by a Federal. ar <br />start ayettcy (irtc3ttdiag Lender iF Izader is s'ue}r an institution). L ender shall apply the Funds to pay said taws, assessments, <br />ittstuatime pmniums acrd grotiad rrpn Lender. may net charge. far so holding and appiymg the Funds, anaiyziag said account, <br />or vexrfying acrd comp}ing said tnents and hills,. unless iendrr,pays Biirrewrr interes[ on the Funds and appticahle law <br />permiat L.endcr to melee sualt acharge.. harrower znd Lender may agree in writing at the time of execution of this. <br />Mortgage that iatcrraYan the Funds shell }c paid to Bomrwer, and anises such agreetrtettt is made or aQp[ica6te law <br />requires sttdi irttereat ro be pant, Lettdcr shad no€ bt rrrlttired to peg Borrower am~ interest cr earnings on t}te Funds. Lender <br />shalt yve to Borrasver; ta~ithout charge, an annual scccte:sting of the. Funds showing ct:edits and. debits to the Funds ahd the` <br />ptepts~ l';ssr which each debit w the Funds was rnade. The Funds are }hedged as additional s~unty' for the sums secured <br />by tfses M©ttagie. <br />If tttc amoum of the Fttxeds heM by Lender, together with tits future monthly installments of Funds payable prior to <br />the dtsr, da€es of rasa,: atsaeument•4, imrarance premiums and gratmd rents, shalt cx,'~rci the amount required to pay said. taxes,. <br />aax~ra instnattce preatirtttts sett ground rents as they #all due.. such excess shall he, at Borrower's optian, either <br />pt?aaplty repaid to t#arrtswcr ar ~exli€cd tai Borrower on tnxmthly ittstailmemts-of Funds. tf the amount of the Fuittds <br />hejd tats Lender sttaG:not bt satB'icitat to peg taxes,. assessments.. insurance premiums and ground rents as they i`alt due, <br />HarttrAroz's6a}i pay to Cruder any atatoutat necrsaary to make up the drficiencv witliia 30 da}•s from the date Holies is marled <br />Irq Letader to 13u regtuagrag paytrttstt tfxt~r. <br />L3gat payteKmt to ftttR of ail stints secxtrerl bg ttris 'Alnrtgagr, l.rnder shall promptlg refund to Barmwrr any Funds <br />hNd tag Leader. ff uatder paragraph l#t hereof the Praperey ss saki or thr Property is atherwise acqu;aed uy l,endrr. Lender. , <br />shall apptg; na later than ittuttediatelr• prime ra tlic:valc of rite Prtsperts err tae acquisi[on by lender, any Funds held by <br />Leadsz..at Fhc wneofappticaiion as s srrd6t against the same seared t,y this Mortgage. <br />a. A/~ilealiast atf'ra}!~ae~as. tlnksa appttcahic law prawd~ :>therwise, all payment rc`ceivrd by l.rndtr under the. <br />Nose atri pt~ragraphs } aatt 2 hereaf il:alt br applied by l.rnder fins in payrnent of amounts payable. to I_cridrr 6y Barrowtr <br />tttuier paria~rspit 2 3tGrpaf, that to ratrteas; payabk an tkae '.verse then si± ttt~ principal pt the Nntc, and then te. interest and <br />pritictpeel an any Ftnttrc <br />-... ~-" L'I~~C I3e~. Baat7ower' sfsatl pay ~aii ;sxn., assmrnts ;r;ad. utttci charStes. i5ncs and imlxnitions. attributable ta` <br />rte psapesty which iaay attttia a praariay outs tt:rs ytort~e, asid leastttnld paymtnts ?r ground rents, if anY, in the manttcr <br />pstrraded under paragraphf :'. ticrrot ar. r n;x pa,d :m sac tt manner, »S' liorrowcr making paynunt, whe» due, directl}• to the <br />pryee thereof. 1?sxrawer duct prtxaptly t:ttnish to E ender all »otiars of amottnta +Sut'viadcr this paragraph; and in the event <br />Hwa+~ret shall make pays tent utrrxety }htrrrrwrr ,hail pr,imp,;, furnnh to ix»aier reti.Yiptx rvtdeneing such paymonts. <br />Ho'rctM~r shall p[aotptty discharge any Ian huh !'.as rv,,,rity .,.rr :lei, ttang.,gr; liravtdrd. [hat Bnrmwer shall net he <br />rsgturaa todirduwgemay Hoch Iron w tong is &,rrower ,Carl .t Frrc in -, ~t~:,c en the p:ymrns at rho obliRauun secured t+y <br />wrh Iteaa in a tttanact atr:cptabk to I.rndcr. ,.r .hall ,n ~r>,w ta,th , ,>nir~t „uh ,ten Mr, or defend en#carccmrnt of strcli ilea », <br />klal purnceetltrtgs whiCts o{rerate t„ pre.rrt the cntc'rcemrnt ,~t .he lien +,c iurse,turr arf the Property ar';iny crest iherectf. <br />f. NwN Isuseaah[s. f3arzcrwrr sttall i,rxp rite mprt~scmcnt. ,,,,w -,,i,trnt; ,.r hcrcafier orected on the Prtrperty i»sitrcd <br />+gautat Ease by Ere. hatanir, i»tittdrd wuhtn the resit, ratCrsuil .r•,r,xt,~c and .,~It <+ihrr hazards as !:ender a»ay rrqutre <br />sad m wt.h amouata acri tot such penats ..,. 1 staler mar ,squire lu„r,dril. that f cn,ler ,haN potrcgttireattat she am<~zuntof <br />rrtletl CCn.Yrajt G'6ceeitthat atnrxtttl ~bf ~iwtrxRt~ rat„red r„ ~,av r1c +t,Itn u'i,.,red by Ihi, J•farCgage-. <br />l'!tt tnaurtwee csu79tc ptoviduag the ursuran<r ., alt Ue ~h,wcn ^, l~trrr,raer suhtrCt to xppraval by gender; pravtded, <br />:theft eawdt appm+at stfaH lest be rttarctatKtnahfv wttl+hrld: A.{I ptemr„m, Cqt rnaurarxe polecrea shall hr paid in the manner <br />psoviiekefi atudex paragraph ~ hetvof car. ~f newt. paid to atzch inserter, by Isosrower maid»g payment. wires due. dtrectty to the <br />uttitHaaot arrru. <br />All iinptrattcc paalrcaes aasf ntnewais therseti scull be its form arcept+blc to Lrncitr as:d shall includo a eta»dard munpaKe <br />e Clasps its $amr of anti iaa lusts ~'ta t„oaralttt,. Zer~sr slbtll issue rile nght t.> Bald kht palicaes and revtewals thereof: <br />watt Yarrcaaer xhalt prtesnpMy fdt'nuah W Ltader ail reticveal surtscra a»d al7.z?eCraprs of frail premiums: !n the rvrnt of lens.. <br />1lprtcswer shat! q,ve prvampsl nOUep to the nattranCe Carr,cr and ixxtder: Ixndrr stray make praifnffoss if stir made prnmvtly <br />hP tibrrtrwrr. <br />[Jetkae Lender sad liottrawar ot~tsatx agree .n wnf.nx, irtsurartcc t rtx reds shall be applied to resresratian ar Fepair of <br />the Property daeaated• pa+aatded sash rnearar,:;n a=r rczwur rs eetanumically #wasrbfr read rho. seeurity of ihix Mortgage rs <br />~ thrr•aEy enpauai- If StYC'h rtt>rurat,on or r:pae: is rn:ft s~c^tstfotnn:a)lr 'ras,hte or ifihz tcrvrnv r,f the, hSorigagew•rntld• : <br />be cmpatred, the atswrance ~ shad be apptrr~ ray the acmes secured by :hiMortgage. w:rh the exec's, if arty. paid <br />ro Harrower- It the I'rapert> is attandcxrrd by ikrrowcr, or sf Borrower ia,i, is +espottd' to tr_ndcr v:<thn 3(I days from ihr <br />date aottCr rs markd by f...endez to Horrcwe: that rht ttnuratsrr:arricr >tlrra an arctic a claim f:>r ;nnuranCe:lftnei?ts, I,.ender : <br />ti autllarvsd as r::oi(ea cad appt}• t!x :nsrtra»re prr~yb st.Lcnder's optics. rttftertozestc+rar~na ut repair. of ehepropcrtt~:. <br />u.: w the retina: setttttd by this Mortgage. <br />L~taleu I.c:sder and Bar'r.rwer Mherwsu ag;ec !n wrratt$.snysaclt a?pti~ :rr~nafprrx:erds to pranctpal'ahall not:extond. <br />tx pcwpone the due date c,f the asorstbty inua}lmcnn referred to d:rparagraphs ! and ~ hc~es>#ar change thcamount of <br />stttdf tttetat(rttenn.. if under paragraph ; b fscrwt ttx P:opertg. n au7v,:cil h•. I,rndcr, aiE r~gF.t„ title and interest pf Borrcwrr <br />.n and rn atcy tnsunnc-,e poltctra ai°td to and eo tfu pr,xxodsthcrera! rc.ul:ing ;r:rm ila:tt:ege to ihc'Prapertyprior: to thcsalC <br />or a.~-istaiuon shall pees cc i..cndrr to tix c*.trnt ;,t t}rc suttis secatrai ~}~ ;`t.y '.t,~rtgagt;. ;mnttdiatefyprior tn. such. sale. ar <br />at~untitno_ : <br />t~ >!'Aaevasiw rased t-;+aieptace of Pn>lerty: I eaarltoid~ ('rrnAOteiai4aua:' Pt9tttted tlttlre llaev <br />t{OpAtr9L{. I'Ittrra'.i•'rr <br />shalt keep the Propertg :a gcx,d -cpau seed shall ~t ca[ttrnii where ur perttt,t ampairment ordetrt~ratia».of. Che Propertp <br />and shaiti c~mpdy wuh 'hc provtwons of any iwe ;; f.his Mrxz_gage , „~ a icaachold; If thix Murtg;agexs utt a e,nitin a <br />condxnttvum or a piattncd n»rt drvrieaptrtent, Kbrrvwer n L' ,crl ~m alE ,,; Borrosaexs o}aligatians under Yh_r ;ioclarXtfatt <br />rx crnrrmata crtaana or gt,vernmK the emdom,ntum c; . lensed u;nr QrvC}apmt-rst!. the Ey~Caws. and regttiall~aris of .the. <br />szisaiomrinum ar ydartaed wart rlevr.Eaptncnt.::nd .onstit:xnt c,._u:•ttcas:. I# a eondotntniam or planed «rma .Irvefopmon+. <br />frtltt es rxactttid try l3arra+>«cx and rrrorded r;>gatlxr w th i:;< Ltr,rtgagc, the etrvena»ts a»dagrecmerts n# sachritler <br />shall. be rx~rcxared ttt[a earl slta.tl aanrrtd asst aappBcmcnt the ~: voetants avid a~;cectnents of .this lt2ortgagr as of ttte rider <br />ire a part herusf. <br />T. h+MSrtias ai l.eswler's Sc+raeieh. tt brtrrrJwrr farm :., r'brtcrm the :xrver9ants attdagreemrnn contatn~ud in they <br />--- lNcx,.~t. at tf any a:.t*an r,r pr;xc-t9an}t :, comnirr.~e t .t.h -r:rtarxai}, :I,rctr ; c~mlrr`s anterest n tAr p:•„rpert~r, <br />:nrnisbiryt. v+<i mri irz:riisatl arr. cmi-zczrt cict~n; ,ex~,t=;-.. t.:iz _~~ „gin, _ arr.:.-, ~~. ~ti, .~ ~r ,.a":?c..:.,.d .~ e.,. €.h'ena <br />i?aalrrttpr er dttcdext;. tlrca Ler:[Ser at t,rrzdesrn u{r:ron. t:pnr ,„*~~c ri.: r..~~rr, a,ar ^~.,wc Such aprrsarcnc~cs, zirxlrttrst: xiub <br />~:uin+ asst :-aka ~~;k.=Pr atsablfi a~ :e ruS'~'~rxar'q ,. :, pr ,zcc: I erdcr'~ ~ _e..;.i, , .. - <i: sae. b>a. rs;r tYrn .rd ,hs3+ittaH:m~ss! <'a <br />racnx nabs xtvorrrev'c ,.er~s snt2 sotto ;tx>n ,.~ t';r,rzr;~: r r,-ska r p -. _ :r . c-r,dt; C.:~,~m4 - r~rtgacr trastaraner sae? <br />y,-aeirSrtKVrx a4 anf1J[trg [#Ar. Saaa scrums-4 M~• r, .; lF:7n~aRt- H.M-.°.~ _-,y. .I;.e ~i'd~riitnxx rpq,nrc~~ tr* ra~intaix~ +ri:rh <br />rmataa~zce ir. rfYCCt r:-tti, xueC: tune :, sex ^h:,snirt:xeatt. ir'e` r.~~r. rt a ., :..•rr;,-atx°s, an a::t~•trdn,.z with. $or'rnwrr•c a.n:S <br />