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<br />-_ UxrnoaM Covexernx'4. Borrower and L.ertdrr covenant and agree asfollows: -
<br />1.lhysmeet oEprlncipd and interest. iaorrewer shall promptlypaywhen due. the- principalof and interestoitthe
<br />-ittdkbfedxters cvitietstxd by the dote, prepayment and iatcchargesas:provided in theNote, and the principal of andinteresr
<br />ors any Future Advances secured n~~ this liar Kane.
<br />2. Fastds for Tues and [msxraece. Sub ct to applicable law or tr a written waiver by Lender, Borrower shall pay
<br />to Lender nn the day monthly instatlmena of ~riucrpal and imtrest arc payable under. the Note, until the Note is paid in foil.
<br />a sum (herei^ "F::nds") equal to noe-twelfth of ;he eeaily'faaas and assessments -N~hich tray atrsin priority over this
<br />Mnrtpa,Qe, and ground rents on the Property, if ~n~•, phs, one-twelfth of veariy premium installments for hazardinsurance,
<br />plus one-twelfth of yearly premium iastullmenrs for mortgage insurance. if a.ty. ail as rcasonahly estimated iontallyand from
<br />time to time by Lender en the basis of assessments and biils:and rcasonahle estimates thereof.
<br />71x Funds shall be held Sn an insutuiior thcdeposit5 or actounisot which arc insured or guaranteed by a Federal or
<br />state epoxy tinc[uding Lander iY Lender is such an institution}. Lender shalt apply [he Foods in pav said taxes, aasavments_
<br />insurance premiums and ground rents. I~nder maynnt charge'for s~.hotdine and anpl~ing the Fund,. an being said account,
<br />-- or verifying and ct?mptling said as;es.;m.ents and bibs, unless Lender pa?+z Rortewer interest on the Feeds and applicable taw
<br />permits Lender [o make such a charge. Borrower and L:endcY may agree in writing a[ the dme of execution-of this
<br />Mortgage that interact on the Funds sltatl be pald'to Rorrow~er and ~_mlesc such agrcemen[ is made or applicable law
<br />requires such intttest io tse paid, lender shalt not:bcrequtted topay Borrower ;iny~ interest or earnings nn the Funds.- Lender
<br />shall give to Borrower, without garse,anannuafaceountitigof She Fonda-showingcredits and debits to :he Fundsand the
<br />purpose ;ot which each debit to theFuttds wssmade: 'I'heFunds are-pledged as ariditionat secutityfor the sums:stxured
<br />. by this bfortgaee.
<br />If the arrsoum of [he fiimds held by Leader. together with ih¢ fmaue tnonthty ,nstallments of Funds. payable pi-toe to
<br />the due dates of taxes. assessments, tnsuraisce premiums and. ground rents.shall ezceedrhzamounY requiredto paysaid taees.
<br />assesstncnts, insurance premiums and ground rents as [hey Iaq`due, such excess shalt be, at Borrower's option, eithier
<br />pmmptly repaid to Borrower or 4:s~lited to $ai'rcawer on mouthiy instalments of Funds. 'If the amount of the Funds
<br />held by Louder shall..:not be stttTieient topay taxes,'asae.4smtnts. insurance premeums andground rents: as they falldue.
<br />Borrower shall pay to tender any amotutt necessary to make vp the deficiency within t(} days from the date notice is mailed
<br />by LeMer to Borrawet regttearing payment thereof.
<br />Upon payrnentia ftdl of all sums secured ny this Mortgage, t.eader shall promptly refund to Borrower any Funds
<br />heldby Leader:' If ewduparagrap6 l$hereofthe. Properryis strld arihe Property is otherwise acqusredby Lender .Lender
<br />shaliapnly. notater'tltan iinmedutetypttor tothr3ale: ofthe Property,or its acgwsitton by`:Ixndec, any Funds'-held by
<br />[.ender at the: time of appiit~rion as a erode[ agamst:the wens secured by'[his Mortgage.
<br />J. A~SNedawd ~yasrtsae. Gnfess. applicable law provides otherwise, sll payments received by l:,cndtt udder the
<br />Nate aad paragraphs t and 2.hereof shall be applied by Lender first m payment af'amotmts payable [a Lender by Borrower
<br />;index paragraph 2 hereof, then xo interest payable on xhe irota then to the principal of .the v:~xe, and tbi:n to intemi and
<br />pritrtnpat ua a~ Fiittae gdiiauees.
<br />i. G)rarps; .I3as,$orr^ower snail. pay all [axes. assesvnents attd.other charges, fines and srnpositinns attrstrutablr to
<br />the Proptm wltitltrnay attain a priority over tbis Mortgage; and kasehoid pavments nr gtrouad rents. if any, in the manner
<br />prodded tinder paragraph Z hereof or if not peed sn stuff manner. by Borrower making payment. when due. dtrecily, ro the
<br />payee tftereof. Rorrmhershatl pt'oaSpUy furnish to i.cnder ail. twuces of amotsms disc antler this paragraph: and in the evept
<br />Hturower shall rnalrc payment directly: Borrower shall promptly itsntish to Lender receipts evidencing such payments.
<br />Hitrrower shelf premptty discharge any-lien i~hich has priorty c,.cr ihic Mortgage: pmv+dexl, that Rormwer shall':+tit LK.
<br />requirerlo discharge any such:#icu so long as CiorroweczliaH spree m ~ rrung tri the. payrrs¢nt of the obligation sceutcd b
<br />suc6lxn in a manner atxeptabie tu'l.Cndet or ~,hailin gt~ad fas[h amtrst Birch hrn hy, or defend enforcement pf suchiien in,
<br />icKal pstirceedts[gsw~hich operate to prevent the eat+~rcemenr tit •hc I;en : r iorteiturc of the Property trr any part thereof.
<br />S. tt;~.lewraasee. Bonow`cr shall F:ccp the ~mprovemeut+ now ev~.ung nr hereafter crcctExi on the Pruperryiusured
<br />.tgaitut Ivss 6s• Hte, hazards included wnhtn tN2 icrm "'exteaicd ";uverage'..ind such ~,:ht;r hazards as-Lender ma}' require
<br />azui in.auiat anwuntaand for sxhputods as Leutlcr rnay,rruutrc ~rovidul, thatLcoder shalt not requirexhat the amount oi'
<br />such utvcrage exceed that amount of toverxgc requ~rtd to pay the ,isms secured by thss Mortgage.
<br />The ttuttrancecarrterprovidtnjffietmutunreshall tse .'hmcn hY Fiorrowersub)ect to approval tsytendcr; provided.
<br />that such approval shall not be unreasonably wnishcld. .~ti prcmrum~ nn insurance paltacs'slsall be paid ~n the ,manner
<br />provided ttnder:paraRraplt 2 hereof or. ,t na paid in such manner, h} Borrower maksng payment, when. due, directly to the
<br />insurance cagier.
<br />,Uf insurance ix>lteeex tudrertewulatheretd ,halt be us roan ce-prebfc w i ender .,r d shatl'indudc a`standard-mortg:,gc_
<br />- :.faux m Eavor of aad m form acceptabieto lrrxier, Lender .t:aa have the +ight tnhald theptsltcies andrrnewals thefeof.
<br />a>xd Borrower slut promptly furnishta Lender ah renewal norrccs and all receipts of paid premiums. Tm[he evem of loss.
<br />Rormwer shall gs.e prompt nouec tothc rssur:.nzc tai rirr .rnd tender. i.emk+r maYmake proof ctI loss if [sot tua~le promptly
<br />by Borrower.
<br />Li niece ._en.ier ~rK: Borraier otherw r.e agree ir, wriLnE. irs~rance pru,:ccds snag be a;7plied to restor.a[ioncr repair of
<br />_ the Property drms~uJ, prondod stub restontn~a or repair is cwnomicalfy rca>ible and the tiecutityot this Mortgage a
<br />not thereby i+npairtd. 1f w.:h rector iron or rcparr r. rct teonumi,::.ily tcastble or ~E thexcurity of ibis ~lortgagc wou:d
<br />- be impaired, ibe mwranee procxds ±ha6 be applied t•~ the sway ;ecured by phis Mortgage, with tfic excess, if any, paid
<br />to Borrower. [f the Property is absmtonexi by Borrower, or it Borrower tads is rrsixmd to Lendciwithm 30 daps ;rorr~ the
<br />ale notice is mai:od by Lender to fiorri>wer that [he ,murance carrrcr offers ro ;ertle a dal rn far nicer ace txnefi b, 1. ender
<br />is authnrixd to collect and apply ti+e insurance proceuts at Le:xder~s ~*ption caner to restaraoon or repair of the Psoxrty
<br />_. or to the wens secured by this MongaQ¢_
<br />Unkss Lenaer wd Rotrower o[hen.ise agree m writing. an} wch appliea.ion of p ~xacds to principal >halt not extend
<br />' ar pos[poiu the due date of the morahiy ios[alirnenis :cferred .o is paragraphs i anil 2 hereof or ::hangs the amount of
<br />such imaral:mrncs_ ]f utula paragraph ! & hetecf [he Property is u_:yuirrA; by Lender, ;iii ^ght, ifttc aad in[crest o. 1?or row ei
<br />in and to goy insu[stts=e poiici~ and :n 3rsd to the pr~e~ii i6cr~~[ rcsui[ing Iront dauragc r.o the i'ropcrr, prix- to :hc sa{e
<br />of aequwtien shall pass in Lender to Gx extent of the sums oeuuru; h: th~a A4origage mtniediately , rio ,: :.uei, sac e~i
<br />- acquisition.
<br />S. -ieaen•afioa as1 'tlaiNetawce of Prupertr: Ixaezaddv: Cor_dominiums: Ptantmd L'nil ITeveiopments. dorrc~•~:.r
<br />_ shall iceg Ifx~ Property in gvwd repair and shah aoi uarnmi: ~~ssie nr permit ,mpaitmert ~r deterioe;xivn of the fr'rnpu ty
<br />and shall comply with the provisions ~7i anp teas:. it t'h~. Mr*rtk..gc :. tin , ~~chold. Sf th;_, 1 r.gxgr ie an .. :na[ its a
<br />candansinium ~~ a plsnrxd unit t2evelopment, Burr. +r -nail [nrrarm ail _l t3ontx,e .'>iiC. tuns urd;;i ±hd :teeiaratu.n
<br />- or coreflanLc cre,atrng or &os'cvcing the .c:.-•dorn~nu~ i is pier. ~.tcd unit devdupmvn„ r're hti laws and r ¢. lations ~+r [ham
<br />coneonun+um ur danced a[5iE ~ w~!.,p .ze. nd :ot_-u_,~~r:~ ~, -unit .,.. (- u . ~ :d..auniu.. or ,. ncd a . -i~~~ or,ve. _
<br />rtdeC is ezzcutrd by ilozrow~er srx3 ._ e: ded !ovelher iotih Sitr- '.longag~-. :e ~~~~~nsn Lv aoc3 4: ecrneur. cJ ~:ua r,der
<br />s3u1 be trr~orporatt:ri into :end zctii amend and suppir_~nerr t(x,. ~ rtiu3.atr:, -r.d agrcamentj of t •u ,+ioitga _ ~ .: rh ...,
<br />- n~rE rr tort hrat:att.
<br />~' ~ ;. £RaatfiM of L~aade~c 4raruy. t {i roue ,o t rn s ear ng. cr < as ii•;i ni,
<br />Msr,7g+gc. .,r if :u:y ac;.rc>'n or t-~C..x-cttig , n.;rna,sn~cc, wo.i.. :aa.:zndi, .~t.c..> ~wf..r'ti .,trest i i I'- is. ;..
<br />- in~;udrng, wit nu[ fist tid w_ ::mincer. d:rsndm_ ir~N,~~crev_ c x'f~ '~ 1!?rcerrtcnr.::r arra~igecxr~n r.r grt~ctdmys ~ncC ~. r~. ,~
<br />Fwr:krx+pt •7r decedent- aien t~ rr3fu a[ [_cucter: ,; rn;u. ,~ in is>! v - 'ri.~?r, w ~. r~a~. a.:e v>ch ;~c:u,nr J~sher c . ~,,,,
<br />s ~- , .
<br />au=rts asw take ysrch .~.tva< .:x t,. nccc'~':nr~. .. prc:u.: Lc a;~:r ...,, i ~ •d;r.g .. .~.. ' i.e,c,i .. .1 ,,..~-~.~<v. -,
<br />aad he Prin.. ~ ~., ,r~=l•. _px r~ :i ? r^at. ..; nor- - _,.:K~y_~ ,...
<br />r¢aum&a3e sttorrxe~ a i~~z .+..r ,,.pc~.i 3 ,.~ _•. .~
<br />.c. ru8c.ztu of n'raiir. it:.k hr ?u ;.a u.cu by ~ >3oi e ~:c- .`3rv; ,w-;r she u>c -.Gin run- r ~lue,~~rd i~ utsiri ~.~ ...
<br />:rieu:aax ,.. .it.:;. vmri ,. r:c ~tim>_ .. ;i.,c huaei i _, _.e Y, •n.~ ,. ~. r.,n.,. ~ „~, ~3a ,~ >u~ rlgrtxr+i< a.n
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