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<br />82 --~' i) ca 3'7 F3'7
<br />_- U:~r>aD~lat~ovENhrrrs.Bor:owarand Lendercovenant andagreeas fol4ows:
<br />~ 1. Payment oCPriseipalandlnterest. Borrower shatlpromptly pa}' whendne the principal of and interest on the:
<br />indebtedness evidenced by the'Note, prepavrnent and laic chargesas providcd,in the-Nate,and the principal of and interest
<br />on any Future Advances secured by this Mortgage.
<br />2. Funds for Tuns atsrl'Iowrante: Subject to applicable law or to a written waiver by Lender, Boreowtr shall pac
<br />to bender qn the dny monthly irtstaliments of pristcipa! and interest arc pa}•at+ic tinder the Nore;'until the Note is paid in full.
<br />_ a sum (heccin "Funds"} i;qual 20 nne-twelfth of the yearly taxes and asseasrnents which 'may attain :priority .over ;his
<br />hfortga~ and ground rents 6rs the Pmpeny, if anp•, plus-one-twelfth uF yearly premium installments for. hazard insurance,
<br />plus oae-twelfth of yearly premium installments for mortgage insurance, if any; aI6 as'reasonably estimated initially and from
<br />lime to time by Lender on the basis of assessments and hills and reasonable estimates thereof.
<br />TheFunds sha0 be heldtnan inslitntian thedeposits or accounts of whtch areinsuredor guaranteed by a Federal cr
<br />r stateagency (itxlnding Lender: if Lender issuch an institutior.3.. Lender shalt apply the Funds to nay said taxes, assessments,
<br />_ insurance prcrniums and ground rents. )ender map net charge for so holding and zpplying [he Funds, an:~lyzing said ;iccount,
<br />`qr verifying and compiling said asscssntcnts andbitls, unless Lender pays, 8orrswerinterest ontfie Aunds anti applicable law
<br />_ ptranits Lender tq-make such: a charge... Borrower and Lander may agree Fn waling at the ttme of c>c: ution oc chis
<br />~tortgagethat interest or. the.~undsaltali be paidta Borrower, and::niesssuch agreementis made or applicabtc law
<br />requires such interesrio tx paid;7~~der shall not be-required tq;pay',P.Orrnwtr any interest orearnings onihc Funds. lender
<br />_ shellgivrtoBorrower,withoutchargo,aa_anntiataccourtingofthcFundsshow•ing-credits anddabi[StntheFundsand[he
<br />-purpose for which each debit Po theFunds was made: ITre Funds. are pledged as addi)ionaf secunzy for:.iht, sane se.,^ured
<br />- ' by ihrs Mortgage. '.
<br />If the arrtount of the Funds held by j.endcr, tpgethar wnh the futctre monthly mstaUments of Funds payable pr .,r to
<br />the due dates of taxes, assessments,. insurance prcrniumx and ground rents, shall cx_ztd the amount required to pay ,:rid ta>.cs,
<br />assessments, itssurance premiums >nd .ground rents as they feel due. usch excess shalt bet at Borrower's opGgri, ether
<br />prgmptty"repaid-toBornowenor ereditcdio Barroweron mnnthiyinstallmems',~#.Fonds.r if tht amount of'thc l=ands
<br />itetdbyLcreder shallnot besuftieieot to--.pay taxes assessments, insurance premiums and grtrund rents; as they- fail due,
<br />Borrower shall pay to Leruier any amnt.mt :necessary tti make up thedericititcy within. 3D days from the date notice. is'mailed
<br />try Lender w Borrower requesting paymcat thereof.
<br />Uponpaymenrin full ofali sumssec:urtd by thts 'slnrtgaktt, 1 cnckr inal6 promptly refund to Bnrrower any'.Fun?is
<br />ntld byLander. If tender paragraph f,S' hereof the Prbperiy is cold or the-Proi+trt} is otherwise aayutredby Le nder;::_tnve;~
<br />shaliappiy, no later than cmmediatelyprior rothc'saicot the Pxaixrt}^or ,n .aayuis7ttan b}' lender. any Funds held. .try
<br />(..ender at. the trine of application as a credtt against the sums secured h}` thn hortgage.
<br />3.. A~ptkationot Paymcals. Unlessapplitable law provides gtherwtse, alt payments received by '.Lender under: the
<br />Note and paragrapbs'I' and 2 hereof shaft be applied by l.cndcr first in payment of amouotsp:iyahte to [.andtrby Harrower
<br />:tmderpaxagraph,2tteteof, then:tointerestpayableon theNorc: then isrtht prnrctpal of theNite, andthen to interest and
<br />nrtntspal on any Future Advances.
<br />4. Charles; Liem. Hoarower shall:. pay all taxes, asu:.ss:ircnts and ether .harges. fines and rmposir~iins attrt6iitablc to
<br />the Prglrerty which may atiarn'a prrarity aver rhea \4ortgage, cad teaschald pa}meats ur ground rents, if any, in the manner
<br />provitkdunder paragraph Z hereaf or, if'noi peed in such manner, by8ornnvcr making payment, when due, directi~ to the
<br />payee theregL Harrower sltatl promptly furnish to Lender ail nouces of amoutrts due tinder this paragraph, and in tfic cleat
<br />8orrgwershall inaka paymcnidttecilv,. Borrowershall promptt}' furnish to !.ender receipts evidencing such pa ~rcnts.
<br />Borrower shag promptly discharge any lien which: has pr+nrity over toss Murtgagc; provtded: that. Borrower shall :: st be
<br />repulsed to discharge any such lien so tang as 8ornrwer shall agree in ununl; to hti pa}meat of rht obligation secured h}'
<br />such lien in a manner accepeable to Lender, or shalt rn gelid earth tanttsa etch Iten hy. or .lefenii enforcement of such lies m,
<br />legal,pracecdmgs which operate to prevent the cnfirrcemtm of the !ten nr Wdctzure of the. Property ssr any partrthercnf.
<br />S. EisearA Iwsnnnee, Horrower shall keep thahnprovrments new existing or-her after erected on ttte Propcny~msurcti
<br />ag•atnsi 3as+ by Hm, hazards included ~hithin thz term 'extended ~'nveragt", anti zi+t h o,her hazards as i:cndcr rriay r y lire
<br />andknsueh atrsaunaandfor"suchperiirds asl:ctitdcr m.,y rcyttire, provided. tfeatLent^~r >hutt ,~~t requtre'thet the amcuni of
<br />'such carveragc exceed that amount ul czrvtrage rcyuuc+s t„ pay the sums secured byth , hkrr,yage.
<br />The osurance carrier providin the ittsuraaa;e shall ere chosen by Borrower sut+ic.t to approve{ by l t i ~cr: prtvided.
<br />'-that such-approvgf shaft not be unreasonably withheld Ail prtmmms an inn+rancc poitctesshall ~.be pa i ~ the nr vici
<br />- _:pxowdeduoderparagraph 2,hercuf or, rf net peed is-such n+amstr, by Bon ,wet rdai:n ~, {''ryment. whcndur. lrrccth ~ Nic
<br />insurance carrier,
<br />sill insurance pohuc, andrenesaaisthereof shat{ be sn Corm acre! tabu '~~ ~.ni I Jc a su+ndard .mart{, cc
<br />"clatrsc infavorof and n town accepiahte to l.tnder. iendtr:shalt ha It ~,, t,.~ i I .- r i ~~~s:tnd nricwnls tht,rc:~f.
<br />and Borrower shill. pramptly Lurnssh to Lender all rrntwal nnu s ..• ..I'. «u; r, i,.,,d , rcn„ ,r,ts. I,t tl+e event at lo",
<br />.bsvrowershall gweprompt. nnirce to theinsur nctcarr:tr .urd Len~cr. !.c .+~ . _. ~-r,'..~ pro"~ •. toe. t 'tat maet~ pr~rnpllc
<br />_by Bnrrower. ,
<br />Unless Ltnduand Borrowcr.xhxru'ise agree inwrthng. in ., an.~ . <., ,h:,l, iu; .~t~rncd i:, ~c'.rr~ruuou orre,p~ur ,.
<br />'the Pzo~rr, dnnraged pn~videf Bch restoraugn of rtpa„ is ~ rni ., 1 bk ~ d :~ r ,+I rl tiforugc ~-
<br />'rn7t thexeh} impatrtd. li sircti re t r,atm or rtpairis net ictZnonu ~ ! +.I ~- he .-: t n~ ~I r. ~:, fat v.,.:~
<br />he-impaired, tell insurance pro. •~d, .hallbc applrcd to the sums - „••; '~ r~._g. '~.ttt ~ cs _ tf ar ;raiti
<br />- to N owes- if thePropezty a <h:vt3aned by Borrower. or ,r:Bar.: t. .a ,a r''l_i;dcr wnhq, ~ v f r: tl:c
<br />_ ua C nCtiCC iS matted by LrudCt it 1}orr~wCY 5naititC insGranCC 1-r;t.. :t',.n _~-.c ., ~ ai.nfpr mlur:mom ~ r,Irt,. 1. ndef
<br />- .. ,uthonxed mcojket and apply the insurance prxeeds. Lt L.e ~,,:fs optrwr tnh<r i.> ;<uor~t;on nr rc p:au v1 the P ~pcr;y
<br />- cr to the sums xcuttd by th,s 1Nortgagg...
<br />Lin,csc Leader and Bnrtgwer s?thessvise agree rn uritin Z. any such apple .+r ,>~ ~~~ .eds t7 princip t ~I~. n:; +:!
<br />or ponp.~nc the duedate of the meat nlyinstallments retc r.cd n:.~ paragraphs ! hcrouf oc change, the err ut. ni
<br />r h c s,al'm u 12 tutder paragraph lg hertot tt:e Prupem is a,yurred br Lc.^.d~r r.ght, t,t.c and nttre,t of .Br r c
<br />in rd t~- ant r~urareee pcticies and in end to the g;oceeds3herto resulti-eg tx ~.ictsma t rs'+`ihs Ptuptrty iartarta ht .~~
<br />. a:yu,siuon ,hal' pass 20 Lendcrtu..tize raientofahe sums ~~orr<# by thre •L.•rtgay- n:imediatc3yprior to such salt ,~:
<br />5, Presrrxstinn and ~tairtrnauce of Property; faaseho{dst C~ndorviniurn.: P~annedl='nit be~elnpmenb.Borrcr•~.:r
<br />- a.e.l 'scef :hc Yr~pcrty ir. geed rep.it need shail`noi wmmii waste .u ~+xrmr .r. , arrncnt ar ~~ettrsarabon al ;he. Proper[+
<br />era .ha!1 .oerply w;th the pros as of any {eas+= i !t 'Gfott{,a t++i 'r •~W If this 1lortgago r yt it
<br />_ e t tt i:~.u t r a pt+~ r 3 ua- l+n en Borer a a, [x ~ ~l 8 c ~Lb a vi~cter 8 ~+] a '.
<br />- r t - Want ~rc ung r t.~ ter rh 'r..,r ~,3a ninror, Llan :r t f ~ •u t by yaw. a*id r u -r. .he
<br />-. ,.. n3~mir.urP ur p3-an nc tl •~! ~~.,fc-pmcat, r c,r,i a,on, ti.r.u ...,u 31 ., .. vn i_: r; _ .~-~d i . • I meat
<br />- r.;et s cxs~uu~d by lit,:cµtc and recorded togcthcc ...,th si ~ ?vi.vtKS; ._ ... .~.., .:. y _,u~ ~~.+h der.
<br />^,nii ~ ,ncn,paztated wtu ;:nd ~aa;i ar--rend <<,.. ~.fit_mo n _ _. +.v.,:, _ eun nt, of I vr;~a6. . _ nSer
<br />`~ ~ ere. a part hereof. `•
<br />7- PrMectirnt n2 L<wdsri Sccurit}, if kit*t••ser fain ~.; yt._~rr„ ,c _o.unrs .c_` -,~; ~c`nci,t4 ~r,ta~.i:ct' .r this -
<br />b ~ k_- r if -~y a~t~M r~r 'edi K + :m r-ei un r ~ ir: i i'cst ; t
<br />.,r.,.rs.. .t x.t ,;.,,;:ed i~. e-n __-rt dam in =Ci ~...c,t r ~ , : -r .c, n ;.r i r _, ,• ~
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