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<br />$~°~ d~~i~~`°t <br />h,4rFORM Cavt>x~.vas Harrower arfd t.erder covenant and agree as?foltows: <br />l: Paevnent of f'tineipaf and 7rNerest• Boreawer shall ~pramp:t}~ pay whendue the priitcipaI of andirterest oti the <br />indebte¢nczs evidenced h}' the Nc+tt. prepayment and'lazs chargesas provided~in theNate.-andthe. principal ~~f andinterest. <br />on anY Future Advancrs searreti hp this Ii4artgage: <br />Z Fonds for Taie» and [monnce. Subjeettc applicable law or to'awritten waiver by I:ender, Corrowce' shall pa~~ <br />to Fender en the day mer.thl4-:ns±~il±menis of pnncipnl and interest are payable underthe No[e,:until chc 'vets ,paid in f~,~tl, <br />a stun (herein °Funds"i equal rc; one-nc;lfth of the ready ta`.ees andassessments~-~which'~itay attain n:iorit}' over this <br />Moslgage. and ~ round rents en the Proxny, ~C any. plus en~fwe~l'fih efi yearly premium itts[allmenh for htr~ard iasrruuce. <br />pSils one-twelfth of yearly premium ?nstslimeals for mortgage insleeance, iEany, ail asreax.hahl}~ estimated iniual+~ aad [rem <br />time to time >?y Lender nn rh bast. -f assessments sod hilts and reasonable estunates th4r f. <br />The Funds ,hall be `tcld :r. an ^. nn:fion r, deposits ar arcthtmts of whtch ar° `n5ared or ~uaranteer) by :, f ideal or <br />state agency linduding Lcndcr i( Lende; s such :cr 'insrituFian )- Lender shall appiv the Freds to p; y ' tid to*.r;, assessments. <br />insurance premium< and groand ren~s- Lerdc nay ;i.~t chargc'.for so hnlc?ing~l~d eppP, i~g ;he Rudd ~ nal}'zin said account. <br />or verifying acrd com piGog sand assessnr_ntc and hills, unless Lender paY's A,arrower :ntertst on the Funds sod uaplicahle law <br />permits Lender ri, make such a charge. Ba¢ower and Lerater maw aeree in writing nt the, ti -'- esacu[ian of this <br />Mortgage that interest on ;he Funds shnl: he i'<~d li~Borruwer. _md ~~^les, such r:;rerr:ent ;~ `Wade er applicable law <br />rtquires such interest to be paid, t,ende~ shnl' a0E h¢ rc.t{u!rcd ro t n~ Born c+w'er ~y nten-_t ce rniaee ;,n tee Funds. Lcuder <br />shall %is~c K> Borrower, without charge, an a:.nvat acca'uniiog of the Funds ;ht. i r credit- and debits to the F~tmds and the <br />purpose for which eech debit tom= the Ftsndswasmadc: lTto Eund> -_ pltvgs i addtnnnal sc:ur t: for the sums seeared <br />by this Mcrtgagr. <br />If the amaunr ~~[ the Faadsholdbyt,enrkt,rrageiher witGrhefuns•'e m.ithh~ iasraliments :,f Fortis pa: abie prior to <br />zhc due dates of taxvx, as~mettts, t~asan.:e premiumsand grauae cents, nhal, rscced nc~ :mount rcgmred to Fay said tuxes. <br />uv„pments, fnsu*ance premiams andground ronzx 3s ibec ia'.I due- :uch cx' res zhali he_ ar Bormuer's option, ehhar <br />prOm~tly ~eoaid to Borrower me}ncfited..20 $cxrower f`n .monthr+ n:staiimc. rs of FotlJs. 1f the amount et the Funds <br />hold by Lender shall not be srr`xczerrt tU=paytaxcs.:~cscmena, insurance pc'-miums and groand rents 2 they' tall due. <br />Borrower shat' pay to (_ender :un~ amctana n~sttarb to make .cp thr, denciency u~thin 3Q. afaFS f rom ;hc: date no:;ce .~. marled <br />by Ltadcr sa B.~rrcwr. ~cgtr.-sting paymentzhercot. <br />Ltpon paymeat ut z°uEl of ail sums secured lxy this Slartgage F.endec ,boil pr-on~ptly ra~und t.~ Barre+ver arc Fr:nds <br />held by Lendex`. Iftix~derparagraph 18hereaf tt~'Pmpcrty tsw=td arthe Nronez`+ is otherw~i~cnvu; r~.~ I_~.rd~r. Lender <br />shall apply, no Icier than owm~iatelg prior to ihesale of the P.2t~m' +~r t'~ -~cqursyttanhp Lerd~r~~a~^c funds Held by <br />Loafer a: rho 1iTnaQtapQhration as .r credit aq~n? thn cams ,<Y.urcc rig. tti+s Mortgage. - <br />3. ~NifealiM,.ol!. ?~YACw. Uniesa apr.ic:bte law ?ro~: wca ntheru sic. alt paytncnts n~.e.i:ed h+ (.ender ::nder ,hc <br />Note andpua~aaphs Landr2 htrect .nafE ix app:ied be 1_cnder riot m pas-ntent afamounts paYsbl . ro Lender nv Horrower <br />under p~raph 2horcvf. flan u3 rntrrtrt payable +tn the ~ote_ ~:nca ro thr-pnnctpatat the No:c_ .cud then r r.rerest .urd <br />pnn4ipal on.anq FtxtturAdvances. <br />t. - CYO; Lieu 8orro-au.hall pay ail ~.txcs_ a.xx rneo~s and ~>thcr changes. fines .n,i ~ > >rnicn:; .qtr butnhic ~r~~ <br />the Property which rn~v act:+in a pr enrv c-.-er 'ns xi ortpage. and Irns<nnid ;•ayrnCnu ~+r e-o.nd 'cr s i`. any, nr tt:e manner <br />peavided nnJer pat~tagh '_ hereof nt. d not -+'rd r^ such .n an r.er. ;+s ft+~: ro x~er makn;g payment, when. doe. ~~rcc!,s rc the <br />payee @xreof. Borrower shalt promptly Fa; Wish rr..endc ail notrco o; accounts :iuc undo tf: rr, p;uutca ph, and m lac event <br />Borrower shsfl tna(<c p~~yrnea[ ~r w $~~r .~,var gull =rompuc tun~~sY :u lerdrr -.i,as ,~-~~+ 'u~~g ~uc~- pay me;rts. <br />Borrower shalt prvmptly discharge strti L•cn .Much hss .. city ~,.cr ~h~± 0.1on~:.:~r. bro.-n"c~i. ,n a ,'rr,w- .h:,.i n~a he <br />requual [ti discharge any such Jinn u> tor:g :r, Rarro+Err vhall agr~c ~ ~. r: rrg :. ~.~ ;hc rnsrnent .~; 7 ~7i~,; at - i scr~rcd b+~ <br />such lieu in a manner scceptab(e to txnder_ or •rult .a k<nx3 ;.,itn +:_ n c,t web ~~eu i,~:.:~: .i ttn~i _~,~ r e Went i .r ;; h_n m. <br />legal pnnredin~. which operate p> prr+nnt !nc cr+i r>r::e rrri vi tc~ -, r,n :~r ; .r v!urc :~. .nc Pr;:~pcm ,ri :~ ~•- part ihereal'. <br />5. llrtard irwnrct. E3orroMes ,ball keep the intF rxor, n.+.::+ut. p _• _..u r o~ic,!< -n m<~ I'- t'.'~~ ~rr~urcl <br />against lees by fire. hatar.eds rt;: luc4e.1 aithv; the term `< :r.{cd •_n, rra gr : r °: ~i: ether h:rre r°.I e, i.+.'~.der .a, rey~.r=tc <br />yncf m sut.h am.wnls ttnsl Scar such hcrV:His a,_ i.cnuu :na, ,ey~,:~rr, ,-.'mac ~:. ;~~ . i cnJet .6~.~11 ,,,.t r-ywrc [h,i `c anir., n[ o; <br />such ;u.engo e.xeead :hat ,:haunt et ~escrut;c feyuirrd .,w .. v:.rs.i by tlo stortcage <br />The tnturartct .'efts,, providing tits u:ci~raasc +hah tr_ ho>c H;;rte-: 'r ~,bi~;u ~,~ ~~p€,r+ ~.~ ?~s ~ _ <or.Ucd. <br />that such approval shall. hat rx. un roawnahh wrrhhekd ~~; t~rrv n un, ,•.. _ „n. a ~.~ i., J,a ~: r-ai~i ~-:r. ,n.u~ner <br />prusrded :rnkr pat'aK:aph':~ her«a w, a n:,t peed in ,uch man„cr. c usrrower mak;ny~ paynwn[. ~.har t.oa .ir:ctic ~s~ ;tie <br />insurance cone-: <br />Ala insurance r~. 3kicses 0ild rtncwais ahcr~ r -,o_~i~ tn; it 'orn~ .:u.ci~•r,~olc io L_ ~.-. i i .... . ,' ~dc ~. ..t - ,- ~,~ne.-,gc <br />clause m favor c+ and to form ac~<prable ;.~ Lender. Lin~cr hail ~ :nc i. i. i.-~`:oC! :hc ,r ..~:'.:.I ~_ .,~.:hcu,,,i. <br />and BOrrbucr >hstl promptly tuuush :o Lr;tJer a.l erne I ,.- ~+i .. r e ,:Ip:e ~a r ,~, ~ +. r:,~ ~.. ~ .~ ~:.~ ~.. .-.. <br />hUrrowGr sh.rll grc prompt rwuir ro :hc .u+u,~acr cdrntr -n,d r_rnuri. :._ ,..~. -~:.tir ;. .-.. r',+ ..~~ <~c ;~« -n,pt <br />b_v fkrrowu- <br />Onkss Leedtr asa. Bcrruwcr Where ru: agree r, .a n;,ng.:r,..n.,,i.c p - ,. ,h:.L I ,,hl:o~ ,c.ic,uti u, r rep„ir of <br />u,.u~. <br />the Propem damaged. pravu3cu web n;,tcr :un cr rcp~u + _~ mar„~ ,..._ .: 1 ~ ~~ .., -., rn y1. ~ .. _ ..: <br />trot thereby imp:ured. I[ sash ~ sc, i~a., ec :ena;r is r ~_c.ru.r. t.+."~ - s.b,e r ~ _~ ln: i rr~~~ ~.=.1 n4;, h'~~trlJ <br />,; <br />tie impaired, the aosururce pruc'ee+L. strait tic g ;cd :+ ttrc -bums .:nr~u ai>. ;h c 'der Krte_ ~.~~it - -.~ ~ ~ y~z~d <br />to Be?t;ownr. 1f ttxx Yr;tom. t i+ si~ a rcc h irr w ~ ;i s ~ :' is _x, 1 I Ic t 3t l :.. ,ie <br />tfate ttoUce n macs.,, hs Li n+icr is B... u~w t;r ~,.~. lac nratarrc..._a r.~ ..,en .u.~_ ~ J. -..; ~ ...ancc ~ Buis Lu rcc: <br />is authorized to Collect aad apply the -nsuraa~. nrc~ces a. ~.c. Ce_, ,t,:e u-. hir r~.:.~s ~. °_.e r. ;; ep:ur h_ Fr,>pcrn <br />or to the wttts securest ii.~ :his \lort}fayc. <br />Unless Lender a:d Bwn..cs-C: orhen~: rse ~.ic n .+ntmr..:r. ,~ sl.~li ~..-, -i ~~ _c~d< ;. .r~a..d I'. ,.r. ;.,. tend <br />ar pcutpone. the due deli # ae nx hlv instylmurti ; .ir ~ +. r -ngra ~ _ ~ _ r ~ --ni ~~ +'i <br />suet install mtnta li uttsa.r parygraph ~o See .1. the Pr;.pet.~ a a~.{t,i cc ^y ur.d_r ,.~ i ~n~ ... .e; ~s. t rcc rr +~scr <br />in and to any' iusura ice ptvicies and :r. Ana r,- .hr p: xrcds ;he:eo[ c.~a:ny act. ,r,n-_,~ re. .~c~r •v m_. t. r r . m„ :rte s.~;c <br />oc acq~siaoa shat: pass '.o i,:,ndet m tnc ecteot ~2 ,he ,.ms sc~ rs_ 's. th_ ti i.>;,;;~ ~-,'ri~ud;a t-, .~: .c i; .a,~. ct <br />acgwsltroa_ <br />6. Preaematiuw aad Maintenance of Prupcni: Exaseht>•de; Conlmrurriums, !'lanneA :nit lle>clvprnent,. Hu=ro~.+cr <br />shalt Ecep thr. Prr_•pcng is gurd :cpair and shall tz<~t v r:.mr` ~..,.< i t xr[it - ~~t.:.i; ^: i a~:u ratio~+ r, :ho Prapa , <br />and 11111 camp 4 viLFt r f r - tS n T C..S. - :1 j . Es + __- ., I . / `' <br />condom-n;u=n .v. a plan..~4 ...:;t rk;c+vFmen . B~~ ,.. +ball pe. aIr ..[ lip>,~.~+ yr s i~ u~ .,+ ondci ilr ,i.,~i.r: _t..,o <br />or cec-eoant. c:re:,ting ~.vcrn g t!x: c...,..r-:. ~. {' ~.,ned r.i*. ~ -~rms.,i, -ia. ., ... _« <br />condcrrcemuttr or pianna. v,a oa+.,)r,.,rt~:.;.u -._. ,~~u~.. _ ~, .. +on i ~._ ,r -d ~~. ~r~~~~=a <br />rifer is exeaateti by tic. ., a~t: sed r~crdcd r.get^er .,~., th;s tiS -+~aQe~ c :_ _r rr. „~ ._.,. -.~; r. dc~ <br />shalt be .aco:}toratr.d tr,.,.:ad st:,, amend ~,.. -~;:g.r.ar~nt ?:.,: ~.+ ~.r4r.,: u.- ~~aem.r. - 'st crags ,~ ..,_r <br />>tcr@ a pan tictrof. <br />7. Proioctian +rf r.enders !icwrfty. 1"s lk r i i r -hc am r age' r _ i,- .~~ <br />~Y3t:gagt, at i£ ~y .ut~c. sr g o.~hfClsng, zrri~s.~n...,~ .+:~:~t 'ua._tiar! .crest;: [ur t.. n.. ,, h p:++~x,.q:, <br />in=a;.ti11n~, 6ttr~et limitr3 to emi-~~tu dart:+m. r~s,.~t:-c^.:y _2dt- r ~-crtr~ t a..M; .... .,_~r.. ..~. ;.rY. <br />~. <br />banir;;pt or de.. ~cr;.:az ~.o,a,k ,.. ~= adtr :+~. s ~~c ..". .: h ,. ~_ ;~. h <br />evrtis atm3 ;.eke lctc?t s,tt+, ::s is CY'L1 a~a:'s pr ~.,_ti 1 _, d.r~:=. ,~. _.i„~. -. ~- ~. --. .~ . ~ _,.. c. <br />,. <br />raa:sarzb'sc ~ . ^_:eY s Sat. :rtrd _r.r, uix~-n !'sole ~,~,.,, i. ....~ __. _. ., . <br />i, - ;, <br />.c'mjit;~n a n:~ting ~~_ 7 ~ ~ ., .,.- h-< . 1 Lrnn~ R; a. .. - .i c_ + .-. ~ ,. <br />r-,s~.r anr- _, r`~Tn: ^t_r .,.Y: :ra. rt;.: s .,u....r en: r.. s.,~.r rn, ~~ ,_ .. „_.. +. B.. .~_ .... <br />I <br /> <br />