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<br />U*attotrrt Cov>:x.txas. Borrower an6 Lender covenant and agree as ioliows:
<br />' 3. P'aymmt ntlhin:eipa[ .and Iniereat. Borrower shall protnptty pay when due. thepris?cipal of and inrerest on the
<br />sndebfeduasq~evidenced by the Nate,.pi'epayment and la[s eharg,es as providedid:the i4ote, and the principalaf and interest
<br />r or.:erv Fexute .Advances,sccitred !xy thtx Mortgage.
<br />If 2. Fantle for Tuea and Iamraner. 5attyjett to applicable taw ar m a written waiver by tender, Horro:ver shall pay
<br />to Len<kr an the day~~mgnthly inataIImrncsof-,pnncipat and mterestare payableanderthe Note,tmtilnc~ .rote is ~ aidan tail,
<br />a scan therein "Funds"~ equal to ~nrtwelfth-of the year]}~ lazes'and assecsrnenfx.'which may'attain pna,-it}' over this
<br />?Mortgage, and ground rents en nc~ Pmpetty, if any, ~rlus ope-twelfth of 'rcarlti' premium installmenu"for hazard u,surance.
<br />plus orx-tuclfth of yearly prcenurrt installments far mortgage instiran<e .t ang~: atl as reasonabiykscirnatcd ini;(ally ;md tram
<br />rime to time by Lender on the basis oIasscssmentxaodbills andreasanabtc rsu ~naicc Che, ~:af.
<br />The Funds >hait be held in sit institution tl~.depcos~ii_s or accounts ~~f which .,ra inS'uh'd oY ~9uaraatced by a Federal or
<br />state a¢enep tindud3ng Lender if Lender issuc?3 an inst$unon).. Lcndcr ;hat{ epph- nc~ Pu~ds to pa}' aid to+:es, assessments,
<br />imuraeHY premiums a^<! ground zcmts l~vder may notcharge Par SCr h dine an pp;a'~ne h= i-w:ds. - .:u ~-ring said aceount,
<br />or verit~dng and cam pi?irg saiu a~easmentsaad bills, unlcss_L.ectderpa}'s Borrewcr :r [e:'c~i on the Funds and applicable law
<br />permits Cantle: to make such ;charge.:, Borrower andtxndearnat' ag;ec ,n -~r ;rg_ st nc~ ti:rte of ezccinio^ of this
<br />:Mortgage that interest on the Funds shalC be (Said Ca:BOrrawtr, and u•de<> ~u 1 ,grceetrn: is vnadc or applicable taw
<br />requires such inreres[;o lx paid, LendershalY"not be iequired zo paj•.$cr;owcr etc nter~t ar eaniines on the Funds_ Lender
<br />shall give to Borrower, ~.vithout eEtargc, ao-annua7 aeCUimting of rlZe-Ftttids shos.~{ar crrdns anJ dehits to the Funds and *.he
<br />purpose for which eacitdebir fa;d3e Fundswas made.. The Fnndsare ~rled~CCi ~,t3dh=o,t I sewrir- for the sums secured
<br />by ;his Mortgage.
<br />It the amount of the Fmds6eld b}` Ltndtr, .together ,+i[h the .acute m~t,~n ^s. ttllment~. ca Funds payable pner to
<br />the due dates of lazes, assessmutts„insur~ncepretn3ums and ground roc~s,_shail ~s-eed :he amount reyu~red to p_v said ta.~w,
<br />asxssmam., insuraneegrezniums end ground cents as they :a;l dun. s4ch crest shalt tx. at Borno.cer's oero^„ either
<br />prixn{rFly repaid to Borrowts nt;'cttdited YbBotrowrr cr, monthly uurtdi!mcm; ~~f Fonds if the amount of the Funds
<br />hart nV Lander s}iaJ cos be'sulTteicat to pa}"taxcs: ,assessments, imurutce arcmrmu and grog nit ^.n is as the}' Fall due.
<br />Fiorrowu shwa pap w Lent7er aay9mswninetes-wrc to ,naka-.up :he ., .a ~nc~ ~.nmsi, Jv days tn,m [he date noti-c s mailed
<br />by Lender to Born:wer mgtsestiag paymcm~ therect
<br />lSpon payment in f:.ll of ail sums Secured ':_. this 4ortgage: I ender ,h;i i ,n:;~v;~ •eiund to 6arrowcx ;~} Funds
<br />held 6y L.ender. If urdcr paragraph SS hereazt:ee propeav rs snld br r ~a, rr ;ih~':-i ~ acgtnrtethp Lender. Lender
<br />ehali apply. no kasr than immediatz9y prxarto thesa3eof the f'r.-p rn .x e.: acgtuaa,or h•: L.cnder.an} Funds lieldby
<br />Lender at the tame n: applicanonas'.a creditagarnsr thc.'svms.,~cnrcc ~,•: :h~. \Inr~ga~.r
<br />J. Ap*Ycation of Taynaeaits. Unless applicable Paw F ,~":ec :,the~~_u, a!! p.iyrnents received by lender under the
<br />Note grid paraQrarhs l and 2 hereai shall be applred Eep 3;:cndrr fin: ~~ gay maul of .,mounts payable to lender by"$orrowcr
<br />under paragraph ~ hemsf, than to. itttartsi payaDk on t!;m ore. ~hca tc the... prineipai. ai the Acute.. and zben a'o interest and
<br />prituipal un any Future Ad~¢ncei:
<br />i. i.bar=ea; 31e~a. Aorrewer •.ha:i pat dll ;ate- .,..cam<ments and .rtherr:hargrs, final and iittpc>s"rtiot» atinbutahle t,.3
<br />the Property which may attain a pn;;rity~ avt-.this Atorr;al,*c s, d ~°.,..eholdpa}~ents urgrcundi'ents. if any.. 'in thomanner
<br />provided under paagraph 2 hrrcal or. ;! not pa:d ,n ~m.h m:.nncr, h~, Borrpwte making;pavmcnt;when dur,aitreetlyttothe
<br />payee thereo'. Burrower sha31 promptly turmnh to t enact - I i tnec, <,. _.caaunts dueunder [hiy paragraph: and '€a theevent
<br />Borrower shalt make pavmoni d¢ect!.-. Horrower .halt lrempth !isinsh to Lender: rr::cipis es'idenctng such p,ivrnenu
<br />Borrower stall promptfp discharge :any iicn ..hsc~ has r: ray n.rr ih„ Siorigaga; pmvided,~tttat BorroweP~hail xrnt be
<br />required io dsc harge any such iicn ,a long ~~ Borrower and-; ega•<- +. r!ng t the ',a~ment tE C. the ~bSis,au~J., u~~.:urei{ h}
<br />such lien m a manner au^eptable se Lear, ~. r shall in ga:d ,l~:h ..,^t Sri<h '.inn t : s ,fefend oatfarccmccl at ,,"t iien in,
<br />legal procecdinys which operate ir> prevent the ::rlntccmcr° r. ;nr eve ~- torte ~n:~.~i Che Pr-per.~ nr' :any i~~ari thcra,t.
<br />5. HaYaYd liwttnce. }3u rrowcr than leap :hn iripm~emcrt> m:- -. ~rea't e,rc<:~ ~~r Pr_: tcit} inaora.:
<br />agattut ]ate by fltt. haz:uds inc(udid wuh:n the term ~camndril <, , < any -_ ~r. c, . ~ othe ra, a..1c a ..cncier i ta•. re~Hnirc
<br />and :n such amounu and (or su.h penuds at !.ruder ma} r< pire, p .,, idcd :nay ie..,.c arc„wn. ' ~.,[ tl - : nn-~,n~t of
<br />each coverage esceed t:;at amount o? ,rteraKe rrqurcd u, I aq -rte ;: : c:~rril h :, >1or_;;age
<br />ire imeuranee earner prosiding the nsuranm >ha7i ar ~h~ti•., b: Burnt..<i , ., tcc; ppr:„~:," -nJrr ..'lad.
<br />ih¢t Such approvai ahaJi not tar unressonahl} withhe{d 41: pum.un ^_ :awl c pGii, acs -,n alt he aid ,~~~. t .: ?nom:er
<br />provided utx3er paragraph 2 herco! or..i not tnd;d i^ ac~h man r.u. 6t Norro•~•si ak.: u~ pij'ntenL u~ r. a_ie..ii c[!7 [r~ :h. ~_
<br />ir.,u:ance ::artier.
<br />AO frourutcc wiiGes and renew als thera!i h:ad! 1'c- ~~: ,ern, e~ tptabic 'o !_. .b_r ... .. r -i r.-i,rJo .. ,;. a-L. ~ i ,ct see
<br />clause to favor of and m ftnm acccptab~r to 1. ruder ..ender .h:,; haw.; nc~ nth, t r~olil i ~_~< ~t .l ree~[ ':ere„'.
<br />•~~c~ .. _ r ,.
<br />grid Borrower sh:Jt prutnpeiy tuerish ;v Laxles n;f ;cnewa ,. -+nd zle rr..ci t., . m,d .ei.-,um,. i he ~ it n, ,,, ,
<br />liormwer shall 3:ve prompt noG~e at the ~nwrancc rarnu .,nd ! cnde~. ~ cr,:.'c• •t a, n aRC , „~„f .a ht.. c,a ,:,:- Jc 1'~rr.rr:pily
<br />by Borrower.
<br />L'nlesr [.cutler and Barrowe~ otherw,x agree :. -+nting. inw,ance pr.~ccrds ,,^. a:i ha , ; t ixd io ,. „u r. r rep,ur c•I
<br />[.he Fraperl ~~ damaged, prs>v,ded ti`uch teytorateon or :epa,r _ «ur: iniu,,:: :e s,bl: snG at t=_u:i .tf !1-n~ 1 ~c- :,ce ~..
<br />cwt the rebp impa,red if curb rrstorat,on or reps„ s nr-t cc„rrm,caf „~bl- o* i~ the r.r, t: c; ,ys, 11 n. ir. l.e ~~. s!d
<br />tx impairetl,'ttc insurance ortxeeds chap tK app!uo to ttcr suan, ,r.u•ed of <~, '.tvrtgas,a, ~.tnF, st ,_ ~, t ~ _ paid
<br />to Borrower. It the Prom i, abdndaned by Borrower.: ,t EWtraw ~_.; o zspcnd i_ L ~,.u_~ .- tF. ,u d t~ t..•. ;he
<br />ate noteee i; rnaiiCd h.- Lauder to Borrowee that thr ~nsuraa..< parr < ~ acs o.~ _etc _ <l, t t~r i.^.~ure n,c Lent?iu. 1 ~ciJrr
<br />is authorized to colkaa suet :, pplc the utn'urarete pnx,:rcds Lcr..lar , opron ettlser c.. _cst-: ~,. , ~ _ du of ~- ~ Prn!xr: •:
<br />or to the surzu secured by .his Mortgage.
<br />lin}eas Londe.' and 9nrrnwcr otherwtst a¢rec ~.n wn::ng - r t ,_:Ch ~pplicxiion c(.p>o. w ~ r t :~! • t.a tci .t-t,ct~d
<br />o[ postpiano the due da[e of toe rcnthla t~~yl.mtot. -ttrrc<a t, paragraph> 1 ass. _' ". .~ t rare •.~< ,i nt,a ~-„
<br />such bnullmeots, li iandtr paragraph :8 hereof the Prooert} .e acaurrcS brLender, at; n ~_, i=t+e :_ i ___. ~ Bor,,~;rc-
<br />r
<br />in sad ro an} i:>_cutan.c policirs dud it ,nd to the prateW- _hc:eo! rcwtsng froth daniagc to ~y_ i'r ,~y ,, „ . t , :'tc >•a!c
<br />or ac~uis:¢oe shall pass !o ie,.der Yo t5e e,teat >i that antra .eeurexS be this ;M 6rt~~~ye ~ i rc.l~alss~ ;i_ei t. ; h ;u.~ r~i
<br />acquisition.
<br />6. Rderi ulrn ¢nd ?Mriatenance of Prapcnr: Le¢srhedds: Coadominions_ planned (,'nit f7ea~cloptncntt formuer
<br />sh¢11 kelp t`>, Property iu ytncd reps=r a::d •:qal nett eomrnit ~=ra~e tin permu'tmepairmcr;. !alert, rataor- o_ the ' trq,e~ly
<br />and shalt rnmply with the pravisio~s ~. am tease .L ;h~-; 11- rcgagc t an - .. ..otu- It .., , %^. orr, :r,it .c. .,
<br />c:zodominium c=r .. pla:znc;1 art; dare=»pniru. S;xrawer shs:i ptrtorai sit ei~bo . _. ~ .;, ions =t t._: m< d~xlzrturn
<br />or cavenans ,: r.aung ,a; ~_. vcroirc n*_ atudami.:. elm cr t~'an nod unit dr•ci<~, rs~cr~ ~caei .t= i , ,errs. c. n- ~.- .~.._
<br />condominium ar planned tna ,lc viopmenr_ ant ~ccautu<m <::xcu.~~c,- ~, ., un n~wr _, ~ it+ :.r,. _.ti- ~ ,~,
<br />ridY.[. is est~u[ed by Borrcw'cr zrd rc~cnrded tr-geihcr ui,h th~c }(~r~a5e~ the ~_,~e•isn , ., u! _ .,c ts. .,<t
<br />shell eft itrcerpar¢tcd into ad sha1F aniend ar,.l supp,e-,:~eni ,.c ~ovcnant, anti ng,c<mcrt ~ ~u< ,'.1_r .age `c r!.?<r
<br />were a. pare hares€.
<br />?. Protectiea of L.endt['s Security- 1. Borrower l;a n periai?t the c .., _ ,.rer.r, c .• ..„~t; i :.d :~i ~+~,<
<br />94ottyage, it ar.~ action or pnx:cedinr s c=+mmenc wh,ctt v.,tcriaL~:~ ,a,~u; L, r~._: ,nE-rat i^ ;hc }'rrp: ,.
<br />o^
<br />i~_Jrdcn~ h+;t rot hrzitni to_ cmincot do~,xin_ m,elrcnty_ :!>dc eni .cen~,i„rt ~ s^ar,~c ,a,,., ~~s zr ct-9sng. ,. 1.°+ny :,
<br />hatxkru p- or ~3ccisdc~s t. 'her. Leedu a, t_ot:ver c , nt. -.n. ~a l.<, ~ ,a:.c <. 4-,rr.,~.+~cr ~..~R ,.~.. _; F,. ..i, .c - uric .,,~...
<br />sutwt aut6 take such as:~on as zs .ie c>sssn~ [c> ~. U:eci terra r rule _ :i r _ hr. , ~~nrrr ~_. ., n.. a~~; i~; ..
<br />:eaach~ata?e aa:>rta:p`a ids .icS entry upon the Pruixy~ t_ make r ,. .~,J:~ ~.e,i m. r 4 :.. ,_ _,:~,
<br />~ t
<br />~a>eu3itse;t <•f .^.r.~csag the .tan sa=c,ar. ,his htorigagc $, r*e,we ~.. ,t ,«., i rs r-;; ~. .., na,, w<,..ii
<br />frnei€anee rG C~_tit ..: ~l ,v~~ ~ R~~ .,e "hC ~Lct ~=t,t :`enC i:?r Milt '.'f~~ .. ,.t ., u~_~ [':i:. s~_, w . .il+' ~_+ ..1?lll
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