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<br />$2-~ L,~2fi03
<br />U[vt;•'oxst Cav13Cw-ANiS: Barrowcr and Lcndereovrnanrandagreeas follows:
<br />2-. haTerme~ot ~ >md::lsrderest. Bortvwer slialY prampUy pay when due the principal of. and interest on the
<br />indebtedness evidencxd by the Note; prepayment and late charges as pnwided in the Nate, and the principal of and interest
<br />_ an; anyFururc.Advancessecuredbyitiis;l9artgage. '
<br />2, heeds for Totes uid Iesexaocc. Subject to applicable law ar to' a written waiver by Under; Burrower shall' pay
<br />to Len[kr or, the day morthty iostailmentc of 'principal and interest art payable ender the Note, antic the Note is'paid in fulh
<br />a sem (Herein "Foods" 2 egtta! Cn nee-twelfth c,F• the yearly taxes and assessments which may :attain priority.. over this
<br />Mortgage„ and ground rents an the Pm~+erty~, ifany, plus-ctne--tweifthof Yearly pretniuCninstallmen[sfor hazard insutance, .
<br />pln<.ane_twe;fth cf yearly premium instatlmcnts. for mertgagminsueatmc; if arry,ai{as rcasadably estitttated initially and fibtTi' -
<br />tune to :ime by lender on the bssis of nsse_csmtnts and bills and .reasonable estimatestbereof.
<br />T'he Funds shalt be field in an institution the deposits or accounts of which are insured or guaranteed by a Federal or
<br />start aGency incYuding Lender if i_cnder ,, •.ucli am instituucsnl. gender shall apply thc:Feinds io pacsaid taxes, assessments;
<br />insurance rtiemiums and ground rents_ Lenderrnay nat'charge for sa holding and applyingthe Funds analyzing said account,
<br />nr verifying and compeltng said assessmenn and`biils, untess~'L.enderpays Boraxinver intert~t'o:n the Funds and. applicable law
<br />pemtits Lender [o mate such ~ cha,ge. Borrower andfwnder may-agree ~wriziitg at the time'bf axecdiion of this
<br />Llortgage that interest ot: the Fundx ,hall 'ne paid to &irn~x~er. and unMss sughagreement ismada or applicable Lew
<br />requires such irate: est to l+e paid, Lender shalt neg. ~ raq:,,reG to peg Borrower any :nterect :,r ca rnings on the Funds. [:ender
<br />shall give to Bertawer, wilhoot char¢c, a;v anrva! a -n.ntm2 of tteFunds showing -redits and debits Cn the Ftiinds add the
<br />,wrpase for which each debt to the Funds wa, made- ~~he {=undsare pledged as additiaaal secU[ity for the'sums secured
<br />by +his Mangage
<br />If Cho amoun: ~i the R.nac held e} Lanuer, ; ,gethcr wi h thefuture monthly tnstall[nent.- o; Funds payable prier to
<br />the due dater of taxis, assessments, insurance pnm,u~e, anal cnrurd rents, shall ex~`ezc! Cheamauna required ter pa}' said t;txes;
<br />rsseasanents, :nsurancc premiums and 4round rents as ;he}' fall due. such ezcAss shall lie;. ,at Borrower's opnan, either
<br />promptly repaid Co Borrawer or crrultcd to Bor-,ewer nn monthty'instal{ments'of Fundc.-If the amount of the Ftmds
<br />hdd by 1-ender shall not ire sut~icient m pay tazcc. aseaimztttt, insnratsee premirnnz and'gtaund rents as the3 fait due.
<br />Borrower shalt pay to i.ender any am:,runt neccss.•rr•. ;,, make up thedefiaettcy.withln 36 days #rom the-.dale naticq is mailed:
<br />by [.coder m Borrower requesting pay meet :bemo!
<br />Upon payment ,n fu{i ol. all sums sccw-ed hs ;r„s ~fortg:tae.l~ender steal{promptly refund to:Borroa•erany Funds'
<br />hdd by Lender. If under paragraph I?o heron.' the propc~} ; s~+ld ar the Property Is atherwise argarred by gentler, Lender.
<br />shall apply, no late,- than immediami~ pent :o the r.ale o; v ~ pre;,,eriy oPits acquisition bt Leader:. anyFundsheidby°
<br />Lender at [he ume ~% application as a c Gait aga:mt tae sums secured t~ tMs Mortgage,
<br />1. A~}iicatieo of Pry~eeeb. Unleks app'iCahfc law pro:~racs axher•s sc, aa::,payments:rcccivedby Lender under the
<br />dote and paragraphs :and : herco: shall be appi:cd t,~: LCa.fer first inpayment i+fatnounis payab{etol.enderhyBorrgwer
<br />under paragraph ~ hereof. i_hcn to rrtrrrst ru}aolr r,n [tt?w. ;tote,then to zits;prncipal:.of the Note. andtheo Cosnteres[ and
<br />pnnclpal on any FuCUre Advanscs.
<br />•4• Clrzer: [3es. Bor. er h~ii pa i:::,s~ ~tssessmrns and.~ther charges [inca,and ,rnprosiuons attributab{e to
<br />:lu Property which ratty sttaut e p.:ority vet ,hi; t(rr,;~sge.:tred le:.•.chold p.,yments nr ground renas..if any, is the manner
<br />provided under paragxxptt 2'tercaf cr. ; not Fa,d in sucbm;inner. h_. Be+rrr+~acrmakrngpttyttteni, when due,.disecdy to the.
<br />payx thereof. Barosrtrshal! prampt{y (urnsh w Lc;:der aSl r.rccs o! amounts dtu azder this paragraph. and in tilt event
<br />Borrower shall rtSn$e •paymcrt die x:.q, Soerower h_fi ,ramp ,- nosh t.: finder rec:oipts evadrn.'cing such 'payments,
<br />HOrrowet shill prrnupily d~hargc any loon :white h:rr prmn ~r !his 31orga{;e n~,?v;!.;d, tha(Bdrnwer shall not $e
<br />rcquurdatl discturgq a~trysueh hey x. iol,g as iAerrrnvar snail -,,rte +r ,v,p !-:~ ;hc pn,•=meet .ri thcteb+ L: ti,~n „}eurvd b}•:
<br />sue8'lita iua manner acccptablr to Lender. ~r shall :_+ go x! tai h t ~tcu ~h he:r br or defend enfs,;cernu.i ~~I •.:rh ircn in,
<br />legalptaceedings whtch operate to preacnt C6c cnt.~ccm~•;r c i~~n ,:~r iotte~nua oithnPropeny ur ;:ate mcregf.
<br />'S. Hmr~iearrNte. Borrower :hail i;ec{> the +mp:,rsemcnts r:,,u r,.,tmg ar hr:raafter erected an z6rPr,rl~rn n„+-ireti
<br />agains€lexs b~' ere. hazvds included wtthtn list Term "t.icr.ds ~ ~:,gc .and such other hazards as L,ettde, m.,q rr,iatire
<br />aud~instrch amauots eau for sun ptiruads a, !.ender ma~: reyc p ,> .~„;. thaYLender shat! met ntgtiire Chat theamuunt c>f
<br />stachcvveragt cxxed that amwar.t ..,f coverngc reyu+rcd t+~. ;.,• +: _ ~+m.m•_c~;redhy tHsbtortgage
<br />'f'hC inxurance carter providing, six- insurance abet; ~ cho,c^ n~, Nom<•:vei suhteer,ta approval by Lender;.orovCded:
<br />that stub appceval shall not ~ unress:mahh wuhhcid. ;VF prcmru;ns or+ att3urancelse~Geies shall hr pall Cn the mamier:
<br />provided under paragraph :. herca7 or. i` stn p.,+u to ,uth manner, p. &~~-owtrrnaktng paytn rat - .,c, due, t;irecfly to the..
<br />insurance carrier.
<br />.111 insurance polrctes end cnawaSs thereoi ,{;a„ he ,+, torsi -otai'r ~ ..r Lender and shah iaci+telu a ,tandardmurtgage:
<br />claure :n favor of and :n farm aup[ablc [c Lender. 1.en:fer ,r ;hart tt,c r,gtrt i,,n n_,idtt3e poi~iei and rencw~als thereof:-.
<br />and Horrewer shall promptly : urnuh to Lander a;{ renewal n~,uces and a!; +2CUpu rat paid. pra:miuu,,. Sh theevent of lost
<br />Borrower sh21f give pro,n p', naLCe ro the imutanee carrier :,ed Leader- f_coucr ;^_~ ma..e prvi,C dl k>;,., a nut r~isGe prempCty
<br />by Harrower.
<br />Linless Lender and 8ortower othcrw.,.. ayrce tr wncce +t- :note {.rr °cds sha!# he applied t.• ;can -,cos, or rep„.r of
<br />the Property dunaged, presided well resin ratl'r, er rcoa:r is •ca:rrm+cP. !ea s+hle and:thc. ,r,r.iritc ,: ..~. "dart ~_ace is
<br />rx7t thueby anpaired. 1', >uch re storat+on or repa+r , rot coon „ta~nih as+bie er rf thesealaCSy: u( th ~\1. rtgei, ~ u.:aid
<br />be Empatrcd, the ,nsurance nrxeeJs .bail 'x applied h' tl:c ,utrs ><c u; c_ r t":s Alarigrge,with the i .-. ~, .: - paidr
<br />to Borrower- ]f [tee Pro pot r. is abandonc~ h:. Aornrw e:, w ~[ Bo-•.,w er .z .c.r .., n Lc'ndet vttF.h,n _ J o~v> *,om she
<br />date noCC2 is marled b}' Lender to Borrow-er tint the ut+ur nee ~ ter ~.; ~, - ..,~ _ , ~am.#oi in5uran~e he,.cliis Lender
<br />is autbarizui to .oltect snd apply the tr ~r~mr c+rxeccs a; i.c dens cps -.tree .o rzsu;rauon aY repai'i of }Ire t'rolx.rty
<br />ar to Che sums sewrei by this Ltortgage.
<br />Unle~ f_en,ler and Borrower uthen. _- octet _ r,t:rg a, -.,cc:^ a~t_ -,:ion ~ r^reeds .. prtta:ipai 58.+iLn~ wend
<br />or postpi>nc the due gate of the mauhlc in Y_allrrten ti tefct red t,' ;ir pr,r s,anh~, i a.+d ' - _ r+r cha the :,;n un: of
<br />ic:,c f
<br />suc:2C irvsCZl'.mrnu_ K ur:der paragraph i & {teree.' the Propescty- s acqurreJ r; Lcrder =~ r~hi, :yle and interest .a N ~~ r_;scr
<br />Cn and eo any insurance ptiicies and in and to the pro¢eei$sihereti£: n~uU nb ro:u outnagc to ;'te Yinpo:t r.or t,~ .ya aaie
<br />or uquisitiur. shall iwss ro Lender to the e~zent~.of ihtsu'nss~curcl.by :his :`l,xtk ge +r;:nrrila~i~.: ~ r ,_:ch +;atr at
<br />aCf(LLiSlfian. '
<br />6. Pre4erralion anQ i(ainlcnailcr of prepaY~: Leaeajudds;~ Cundpminiu ms; Yhrwed CniC Ile. clnyntcn[n. fin; rower
<br />steal{ kelp J',e Property in goof repair and sha71 ,tot commis -»2ste or lxruut ;tnp,~:rrnonr ~. t•nnra;io,; a! the Yro~:.;t;:
<br />amf shall oomp3y with the nrostis:cns a: m~c lease t: ,< S}tx tq.rg< ,. eu . r~as_L,. ~~_ tr u;:~ ~t r'.kr,.._ ;, ,,,: .+ ~ n:: is :,
<br />coo-~iominrrn n: s ?canned un,E .'err„p:ten'. Herr. .., ,haw tm.:ic-rr. e d,ur~ ~. .,;in, .note nt• decL~rauon
<br />s~ ,
<br />of cover~[s _reaUrzd vat sng the _. nr,r.m r¢m o. a~ncd ,.ra ,1_v _rr ,s~,:a .h_ nc .a ., eaJ r y.i.rtion> ,1 The.
<br />candam:aiuar er pGrnered unit tc ••~!opment, and i_c¢~ti„,_n, :.~cu.1n. ,.. 1 _..r„+,cu n,i an+ i,a:,acd ..._ .L-, c. rancnt
<br />rer~ is execa3xx: h} Borr~u,~4r anJ :e:.ir, a:o i_g~t.~er w.:h ; +.. S3org:,g,.. ~_:~o.cnt, . ., rec+n _r.h ,, .,,,r r.dcr
<br />stt;.lt ix ilia ~rateai t;sto anrf ,hall ,n:end ,:nc scpple:nezrt th ~_.enant ,, ~ , g. ecu cr.rs c( ,: 4f oriN ~,g I the ri,{c- r
<br />svue a pa., i^_.rcol. _ ~`
<br />7. IPrWerfion of Leader's St+.ueit)'. li Bs rr.,~ tr f ~, I u h cr, art ~ , it ten rtr. t a ~+-d i ~l'--,~ 1=
<br />Mw-tgage, ar if a±-ey vc t-cm ,_ ~.-~ weed rg s 'on n~: n. tc: whist. .r_ste •~1 h• a~cr I ~n_`.ei . ..e.a .. ,t.c i+ p_at.
<br />inLit)dr[S~; h,;[ xtci. ht4iied t+.r_ ~mSneni cSonrar.- a<ar t +~c~-. ~.xit c.,, +r_ett .r t...r .,. ...y~.,,,.nc. p~+ ~: e,r rgi ,.. n~. _
<br />bankruF+t ~ dc- cart rte t r cry rat t_cmlr t t r _, , + _ t c kx s k .u, ,, , u 1~..
<br />~y
<br />sutras atxf take swh _~.i :n ss s nb:.cssar~ ,. p.,+...i . er.~~ ...,.tit .,.. . n.., ,. .. ,
<br />- way ~- -~ .~
<br />r*. aaxsab{e xt t:rtnsiy'. ices ant'. c,i!ry urn ehe 3'r^pea;r to +,-iw_ re n:,:_. Lc. '~ -.. ... ..;5, ... ..,.,. .,
<br />..c.air~h of ma}:,,rap, to .`rant st.v cii Fs +n+~ Mcr,. ~t .S:,rr.<r sea'r,c+_ cat', ~<, scr o ._r a;..
<br />.rixu: arse i., _tTCea .. d :,+.-n ;;rcrc as ;hc. cii tiro-trr -c,r -:.r~ + + ,t:, .a, -. .,.. r t ,c.;<,rC.. :cc-w`ii§i Be -rz^h sail
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