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<br />Urrtt+oaar'CovrwAnrs BerrowcrandLander'mvenanz.and agreeasfeilows:
<br />1. PayaEetK otPriiulpriaitd lwterest: Barrewer^sitallgromptty payu^hen dueihe prncipai'of andinteres[onthr'
<br />ttdebtedaesseakirncMbg the ti.~r~, prep:iy^menr and`late chargecas provided in theNoze, and theprincipal of and interest
<br />ttn any Futsrre Advances securest by inn Mortgage
<br />2. Fesrd~ for Trues and Imarance Subject ra applvcable law or to a written waiver by Lender. Borrower sfiall:Qay
<br />t to lender on the day monthly instatlmenn ni p.nurpxl and inierestare, payable under the.Note, until the Notelis paid :n full.
<br />a sum (lserein "Funds") equal to one-tsvclfrh of the ycariytazes and asses¢mentsw)sich mayattain priority:.overffiis
<br />Mortgage. and ground rents on the Pmpeny. i! utv. olfr, one-twelfth of yearly premiurt installrnersts for hazard insurance,
<br />plus one twelfth of poorly premium instatimem; for mertgagei~nsurance:^if any, alt as reasonably esUmatcd initially and~from
<br />rime to time 6v Lender on the basis of asstssmcnt: and hill,, and`reasdnable estimates'thereof.
<br />The Fund. shall be held in an i^a!imtiPn rhu• dep.:,its or accounts ofwhiclrare insured ocguaranteed-by: a Federafor
<br />state agency f imladi=tg Lander tf Lender is ;uch an instrzu ion t. kerKier shaft apply the' Funds to pay said taxe§, assessments,
<br />insurance premiums arsd gouadrents_ Lender ;rav a, r ch. rxa torso holding and appIging theFunds, anal}2ingsaidaccount.
<br />or ver"fying and compitiogsaidassessntrrs anu hi.ls. un!_ss !_endcrpaysSorznwerinterest on the'Funds and'appdicab{e3aw
<br />permits tender to snake such'a~ charge_ Bpt7~~wer r~td Lender nay agree in writing"at the time of execution af'this
<br />?sorgage that interest on tiuFtindsshall-bepaid to Hcrrower;.und' unless such:agreernent ismade or applicabletiew
<br />requira such interest rabepaid,~Lender shaltnat be required3o paVBorrowerany interest or earnings oa the'Funds[ l...usder
<br />shall g,;vc to Horrowcr^ xithour charge, an annual acs;ntmtsng of the Funds showing credits and debits to the Funds and the
<br />purpove tar which each debn.[othe Funds uas'made. I7xe Funds-arepledged as: additionalseeuriry forthe. sums.,ecured
<br />by this htortgagc. .
<br />L` the amol~nt of tlse Fundsheld by ,Lender. zogetlsez with. the future monthly^installmen[x of Funds payable pent to
<br />the due dates of taxed, .assessments; insurance premtums and"¢raurad rents; .hall escee6 zhe atnotmt zegitireii tc nab -,aid ra~c,
<br />aaseaamenrs, insurance premiums a~.grovud rents axtbeyfaB due. nteh ezcessskiall be; at`.Borrawer's upuon, either
<br />protnQtly repaid ;o liotrawer or eredzted to $orrower-an Izxonthty' installments of .Funds. IP the amount of I he Funds
<br />held by Lender :;hall nai he srtlFcienr to pay taxes,. assessments, insurance premiums and ground`rents as [he}' ; tll dare.
<br />Baxrowershall p°~ m isoder any amount necessaryzainake ypthe deficicncywithin 30'days tromzhe date noose i:; ;naticd
<br />byLtader [0 Borrower rcyt~cstin$ payment thereof.
<br />Upon papmeri m lull .,{ ail-sxur3s secured by this'Mnrtgage lender sha11 promptly refund 'to Borra~^er any Funds
<br />held by.I,snd^_r. If under psr-+_graph 48hereaf. the Property is sold. ar :zhe Property ss ntherwice acquired by l.Gnder, .Lender
<br />shall'apply, iw later tnariirnntediately prinrto the~ale of tlseProperty ar izs acquisition by lender, any.Fundsneldby
<br />Leaderat thetirne. oi:.agp{icatirin as a iretlit againstthesunsssecured by this D.Sori:gage;
<br />3. A~ficratiw of PayteMr.:, [9nttss applicable law provvi<tes oihersvisz. sll payments received by i.enaer under-the
<br />Note amt Qaragraphs farad 2 hereet ahalibeapphcdby Leoderftrxt rn paa~ment of amceunts payable xo Lender by Burrower
<br />underparagr=ph Z:hereoi, thento-internal payabic nnthe Note.then to ttie prinnpad'of the 3et~te, and then to intcresiand
<br />principal an any Future Advances.
<br />1. Cft~.[.ier. Bonarwer shall pay all ieses..:,.,~resstnentxand «tdier charges.'fines and impasiti<sns astrtbutablc to
<br />xhc Propetty'which:rnsv attaie aptsorityover t`n titortgage..and ;easehaid pavmen[s or groundren-~, if any. in themanner
<br />groyidedttnder paraaraph2 hereofnr, if notpaid ~n:such manner;.bY H+<irrower makngpayment,.wheo due.dtrecily to:'he
<br />.payee thereof; 3orrow« shall prampxiy famish u, mender alt notices of amounts due under this paragraph, zed in the event
<br />Horr+rarex shat! make payment dircrxiy, Borrower shall promQily furnish: to Leander receipts evidencrng su. h pay'inents.
<br />BorrOwerslEaliprornpt]y<liscltargedray!ice..wiucishaa.:pnonzyavcrthss4fortgags;.prnvidcd...tisatBorrnwcr.i,aitnot tr_
<br />required to fits hargtsary noel! iien,sn'long as 8orro+.ytrshall agree m writsrig to the piiyment bf the nb{ikation sec ~rrd h}'
<br />suchhen in a manneer. acceptable tnLendec, etvhal{ sn:gvwi #aithcirotest: such Urn bY• or defendenforeeinent .~~. s;i~h lien in.
<br />IegaI proeeedirtgs which.,r;perate to. praveuttne enforcement ofthe " cn'or torfestuic of the ";'roper ,~.or nri~: Fart thereof.
<br />c. Harari IMts•et. BOttgwer snail ttxp:She ,mprovernenrs now existing or hartt..'er e;caed en the property ,nnvcd
<br />ayrunst loss by (ire; hayards incbedrd wi¢hm the term Y*tended ~owri at;e'.;' and s:i<h odter har:ariis a5 ievdur map require
<br />and in such amOants and ;ve such Ixrn>d-> .rte Le~tdcr mat' reyurr+<; pn~~ ides. th:rt 1 ender ~,nal~ n~~t requlrbthat she ua'~e3Unl Uf
<br />.uch coverage excetdthat amount .rf zoo ersge rryur<od to yak ihr aim, ~rcarcd by ['.us .btertgage,
<br />"1 he rnsurance carmr providing fix msurancc ,-hail be ~ixr.en by Ht7{~raw°er svbtect to apprss~ai by dRnder, provided,
<br />[hot su.h approval shalt net rx arrcawnai;ly withheld. Alt prcmrums alt in~,t.~auec polices shall $o pa{d .n zhe manner '
<br />provided under pua{}raph 2 here+~( cr, a[ not pmd ~n wch manner. b~. i3orr'ower makmgpayntent;' when~duc..isrrc[ly tgthe ..
<br />insurance ~arrrer.
<br />Alt insurance ~hciri oral renewals tiroreo( shall tic in torn ...: t t .bh tnl_ender aid shall usciu_ie..i ~!aro!ard rnnrtgage
<br />clause in faun; of and m farm acceptablt so tender. Lender ,hall ha~.c tn~ nght to hok ~hc politics and rer~twalstheres~r,
<br />and Borrower ;ha!i przmpt{y furnish to 1.enJcr as n_.rxwai rcuers :nJ all rs*txspts ssf parQ promiums.'.In the event of-1~~.+,
<br />Borrower shall gre prwnpt nat,cc to the lnsuranrc coarser andi.et:dcr, Lcn.itr may maAo (N~uufof. Iossif not trsadC promptly
<br />by 8orrowcr.
<br />Slnkse Lendec :red Bo;tower oths:n.i~c afire. ,u ^.vrrtsng, insurance prxeedi anal! tlc appiiedro restoration rsr repair nl
<br />the Property damaycd, provided such reuoraeo:^ ;t: repots is eeoncinical]p tcasibie and the eu,riiy of mil' Martga$e i,
<br />not ttureby imparted. if such reswrat~nn or re~tr ss not rtt?n[lrnscaily tws,hie or. st tha xaint~~ oY this ~tnrtgage would
<br />be tetpxired. the rnsurance prc><.eeds shall be appli:~d a~ thcsnma se.-urcd by thu Mong>ge, ~~uh iFe excctis. if :iny_petd
<br />to Berntwer. li the Property is abrnduncil by Borrr~wer, nr s. Harrower 'ails to re,~nd to Lender •.~~itbsn 3C da}s `e'arn the
<br />date notii^e ss named b} Lender to Bo:rowar natal the insurance •re: tact atfers ro se[tJc ^ claim krr inwrancc ~ esictits, Lender
<br />is auibor;zed to collect and apply the :raurance prods a[ i_rn.:er'n option ei toe= .u reat:.ra lion or repair of ;hr Prorcrty
<br />or to t}x nano secured by rhu biori~e.
<br />Un{titi Lender and Bwruwer o:hen.-ise ~+x to wcttng, am su^~f: lpplieaiion e; wti~iecds to principal shah nut e._:ead
<br />es posipstrk the due dace of the mo:.:hly vasttilmu:u referred tt~ it pacagraph_s I erd nerca or dt~~gr ;hc amo:r.~; ,tf
<br />sue6 installment IC utz~r puagrap6 lS he:~c~:C the Propcny s acqu:rr by Lender. si% right, title and vi?erest of narrb^s'ur
<br />in and [a any it~surancc policies and :~ anti .c the prrxecds thereof '~-t3ng fr n damage 'n +, he P opec~ p,i ~r to the :.a.r
<br />or acquisitwn shall pass to Lender to rhu eau I :., .,.o .^trrs >~cut d ~..v :...s V;>raage :rmrediamt: for ;~~ _uc6 ,.,~~ ,,.~
<br />acquisition.
<br />tit 111rrscn-allow and )taLt<nanc-e ui Prupnrt~; lxxvehofd~+; G.ndomiuiuvu; ['lacused Urut iicrrdoprrxnt_,. i~nrro act
<br />also!! iecp ttn: Property in $~ rep:,ir urd shall ao: commis isasrc _r purr;it tmpa,nneot ;x : etc^ r satiua of the Fr„pcny
<br />and stsail comp`v with ine pzo'+is;o¢s of ans~ tease if rhu_, ~tvrtgagc S en a ica t:es~ 7: .r.s tvSa t>;.eg_ „ ~:;;t ;n~t ~ a
<br />cnadcmirium cs s p3 atsned ur,:[ tit ~-+opr-rcnt, Horrow nr :. ,. ~-f.:..-rr air c: E.~rr.~N_:~s s. ~:; t.t. ~.s ~cr .I ~ v .:!.: ,r. .
<br />ri ~
<br />of ooventutz ~r_ating or governing the cindo:*tmiura r, rl.mnes` ~i. dc.^s!. t: r.u., t. ills he;ew-s .nd re.~cl ,u ern. of ~.
<br />zendeczatxiuni ~r ,tanned nett ee•: clopme,x,, and -.~nsritc u.:.,x:u~,s~nts. li ^ .a c-..: ;r,,w„ s:- piana~d ~ .,: k ~!„prner;
<br />w - c ,, ,. ~
<br />rider rs ex=ect.4 by Ilc:rn:wa and ,c ..road i~Ecthcr ,h ~-. ~> ~'vf~ gngr.. ., ~.. rn~r .u:J ~,^.c~..> ^rf ., .,h
<br />c '
<br />s!ta?1 be ancorprunrad miv and 5ha?1 .torend at;~:u ~p emeat .lx cov_~au,. 'std a~reeaten„ ~. :hi: ti,, n~:,ee :. h.: rk,t^r
<br />were a oxtt. herer~i.
<br />trMmttan of fersdars Secants. G R rt ! i cr n. he e ~ ~ r u ~ n~ec c . ~_e a ,.~
<br />Ain .g~-c~, nr f nag ;N:Ciea nor grex ^ang .or ..acts w~.~ich n turall-~ . ?~_ ' nuu , a c~ ~a G-
<br />rents. ~ 4. ha.~ _. t tir?iie3 3 cn?it~? c.. r!`.:in, ..... ~;i~ v. ,...-. ,._.~ ,_ ..~..~..,r ~_Gi^.,` .,~, -
<br />lxgnk: r_ip[ car d. , x~.., ti'rz ~ t e~acS-rs :it l.zt~cr'> . , t' ~ :. ~.t;'k . .r, t cc r3~rrow. , .i ~ ~ „r:. s k,. ,, . _ , t s -,. ..
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<br />eumc anu lac,. t;M,. ~ra_ .. ,s r>r~EC.a^-~, ., lnsrr.t ~ ,~~_ _,_ ... .t.,.,.. ^-d _... G, _:.7 , _~~~.. _.
<br />raaw,.,a:. _ x~hrq ir~~ a;rj vn::y t>cr: !t P-air ; .rkn .. .. ~. ..._. c ~ ._ - <ag; ~. ~ .. ,..~ ..
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<br />cx~. ~GUn e.? ~..rl:.n5-'':rze .. ~_~i -c.. _ ;t, ~ ..g. rr~ t ,?_.. ;si _ C•!e .t r,i r. .u_
<br />rts>,•.°arsic is ct.~-. m?9 .. ct, :me LLS ~. n~~. .__-r; i., _-. ..,~. .,,._. -~ .; ra ,. c.ya i :, .., ,. ~~_
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