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<br />•€rrt't,rattu_ ~;as~.vs:~rs ilea±t,;s•arz€ ~r_iS Ly~~ r ..~Fn c t..:r_i ..; ^~ El',= y~-'a:
<br />I pstyrnaei of S"rirkigttd axtw'I Ixrlttvtat ii,a r noel r itli II it c3rrt~l'~' t wy Fi st oh~ti !} E tta ap a~1 : i rte re, n. c;u 4fs°.
<br />,=,.+:ie~1"ktertuea~, .~c.~~~;~.yEiv>.E :s; ~'xe 1'q.x,:e., r f:a }m;:.., t.at,i l.,,try a~a sr.t t, ~,.s..e„~~i n,. ars~•. 4'da~t., ut,ar,. ?-~t~. pr,..cr~-a. co-i. <xnsd ifixii~,rGt.
<br />~. en amy F"atere r'4cf~~'es su:uretl by this 2ortgage.
<br />Ft:a* ~ *cF T.a a~ It.~ sr-anrz. Subjzct 'a app:cab,c ;av: or :a a ~~r:s.en wai~zr by Lendr, Ba:-rawzr shah gay
<br />t3 Lts zr v`rr the do __iVntlStY in~~al`nxznts of grirn.'i I :,~ inter-°.~I - ~'~ s`*~, ~t - ' t
<br />y = p sec payable *snu;:r t,,,, . fe, unt;. thw =ate is paid itt ,u 1.
<br />_ (herein "~u~~~„) equal tv ar -".velf';t ;the -t netts and asst;ssmFnfs which may attain priority over this
<br />.Iort~sge, a_rd trrossnd rents a+t the ?'.~pa_<ty.a if any. Pius one-t=welfth of yearl;• preen"sum in>ta'_In=ants for hard instrance.
<br />plus one-twzifth o` yearly prt:rnitsm installrrients far mortgage insurance, if any, all as reasonably estimated initially and from
<br />time to time by Ler~ler an th:: basis of a~sesr-mzn;s and bills and reasonably estima`~es therza#.
<br />The Funds shah bz hzld in ate institution the deposits or accounts a: w'ttich are insured ar guarantied by a Federal or
<br />start agency (including Lender if Lrndcr is such an institution':. Lends=- shall apply t.te Funds to pa}• saki taxes, assessments,
<br />irts;rrance. pre^tiums and gru,tnd r~ ,ts- Le„dye may nE,t eharke to sa hrrfdiug and apgl}•ing the Funds. analyzing said account,
<br />or earl#yir,.g and compiling said assessments and bills, unlyss ! ender pays Harrower interest on the Ponds and applicable law
<br />pet ,?its L zn,-~.zr to ;t:ake .-,:eh a charge. 8rrrcwzr and Lender may agree in w;;tine at the tome of execution of this
<br />Martgaae that interest on the Fun<<s shall bz paid to Barrnurer, and unless suca agreement is made ar applicable law
<br />requires such inG;aest to i3e paid, Lender sltail not be rzaairyd tc pay Harrower any intt:rest or earring, on the Funds. Lender
<br />ss,all give to Harrower, without charge, an annual accounting of the Funds showing credits and debits is the Funds and the
<br />,- ~urposz for which each debit to the Funds was made. The Fords art pledgzd as additions! security for the sums secured
<br />by this Mortgage.
<br />if the amount of ihi Fords held by Lender, £ogether wits the' future monthly installments of Funds payable pear to
<br />the due dater of taxes, assessments, insurance premiums and ground rents, s.".all exceed the amount required to pay said taxes,
<br />assessments, insurance pram='ums and ground rents as they fall due. such excess shall be. at Borrower's option, either
<br />promptly repaid to $orrawzr or credited to $crrower on monthly installments of Funds. It the amount of the Funds
<br />held by Lender shall not be sufficient to pay saxes, assessments, insurance premiums and ground rents as they fail due,
<br />Harrower shall pay to Lender say amount necessary to make up the deficizney within 3p days from the dale Harlot is mailed
<br />by Lender to Borrower requesting payment thereof.
<br />tlpan payment in fuIl of all sums secured by this Mortgage, lender shall promptly refund to Borrower any Funds
<br />Reid by Lender. If under paragraph 1$ hereof the i ropiriy is sold ar the Property is oche. hi;e acquired by Lender, Lender
<br />shalt appi_y, no later than immediately prior to the sale of the Property or its acquisition ey Lender, any Funds held by
<br />Lender at the time of application as a credit against the sums secured by this Mortgage.
<br />3. Ap~z>tt,trtt of Payments, Unless applicable taw provides otherwise, all payments received by Lender under the
<br />IVoie aad paragraphs i and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower
<br />e.ndzr para8raptt 2 hereof, that. is interest payable +2n the tiara, then to the principal of the Nate; and ffien to interest and
<br />prin;,igal on any Future Advances.
<br />4. Cl3arges; Y,ie>rs. Borrower shall pay all texts, assessments aad other charges. fines and imixjsitions attributable to
<br />the Property which may attain a priority over this Mortgage, and leasehold payments ar ground rents, if-any, in the manner
<br />provided under paragraph 2 herzaf ar, if nut gold in such manner, by Borrower making payment, when due, direMly fo tree
<br />payee thereof. Borrower sha}I promgfly furnish to Lender ail notices of amounts due under this paragraph, and in the event
<br />. Borrowzr shall. malts payment directly, Borrower shad promptly furnish to Lender receipts evidencing such payments.
<br />Borrower shall promptly discharge any Lien which has grioritg over this Mortgage; provided, that $arrower shall not be
<br />required to discharge any such Lien so long as Borrawpr shall agr~x in writing to the paymzrt of ihz obligation secured by
<br />such lien in a manner acceptable to Lender, or shad in goad faith contest such lien hy, ar defend enforcement of such lien in,
<br />Segal pt~eeditigs whis.h op?.a~tc to prekt:ttt tiro enfarcemynt of the lizn ar €orfeiture of the Property ar any part thereof.
<br />§. F3ersatd LtsatrEnse. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />against Loss by fire, hazards included within the term "extended coverage", and such other hazards as Lender may require
<br />and insuch amounts and far such periods as Lender may require; provided, that Lender shall not require that the amount of
<br />such coverage exceed that amount of cevesage required to pay the ;ems secured by this Mortgage.
<br />~ i.~isttranee carrier providing the insurance shall be chosen by Horrawer subject to apgroval by Lender; provided,
<br />thaat 'stteh syp>"vval ai,all rut 1`.z u~rc~,wnti~riy t~G=t'tm:ra. ,t gr~miutns an insurance paiici~ shall be pa;d in the ntantrer
<br />_ AF{lYtdt~ t]nde3` nar_ a~r~is ? hrrwnF ..r :f .w .,.a:w =_ _.__s_ a ~,i.-' ~aiC+w2i - ~ a.c a„c
<br />-_ _ , . ;,...,. .., a.ee-s, , by u u,dkiuri, pay i~ a, wiacu uuc, u' uaj iu
<br />in:;nrwna :.artier.
<br />P,ll iastt<-ansz ;i.:xs aid rzncwais ti't~eaf mall bz in farm aeceptatrie to Lender and shall include a standard mertgagz
<br />- r•l~ tm.,,a° ~ f~yns nF ~~ :n f _ ~, o..-~~~s~ie g_y 3 ~_ £=^.z~.a _ _„ a__ _ ss3t• ty ` - s: i:.'slls,~ ~ .s...~..~ i~~a ~=`,
<br />and y3artower sitaii pramgfly furnish to Lender aTl renewal notices and atI receipts;of patd~piemiums. In the event of loss.
<br />~iwF sitali give prompt aatice tc the insurance eat`rier a;td Lemier. Lzndcr may makz proof of los3 if not madz promptly
<br />Unle>as Lender and Borrower otherwise agree in writing, insurance prc>;.zeds shalt be applied to restoration or repair of
<br />the Ptxrperty aamaged, provided such restoration or repair is ecronomicallg• feasible aad the seeutfty• of this I«iortgage is
<br />trot thereby impaired. If such restoration or repair is not ~artontieally feasible or if the security of this Mortgage would
<br />bz. imgaired, the insurance proceeds shall be applied m the sums secured by this Mortgage, with the excess, if any, paid
<br />to Harrower. If the Prapzr#y is abandoned by Harrower, er i f Her_rawer fails fo respond to ipnder within 31} days tram the
<br />date tmtice is mailed by Lender to Borrower that the insurance carrier offers to setae a claim far insurance benefits, Lender
<br />is authorized to co!la.t and apply the insurance pracerds at Lendzr's option zither to rzstaration ar repair of the Property
<br />or to the sums secured by this Mortgage.
<br />Ualcss Lender and Harrower othetwriaz agree in writing, any such app!iwtior. of proceeds to principal shall not extend
<br />ar pr~gane the dux date of the manthty i~~tatlments refertP'~ to itt pategraphs 1 and Z hertrot or change the amount of
<br />such instalirtfents. If uttdet paragraph t$ hereof the Property is acquired by Lender, a1f right, title and interest of Borrower
<br />in and to any ituurance policies and in and to Utz proceeds thereof re$ulting from damage to the Propeny prior to the sale
<br />or ssa,gttisitloa shall pa€s to Lc`nder to the extent of the sums sc~ttrz.# by this iw9artgagc. immediately prior to such sale or
<br />acgttisitian.
<br />`k ~ at$~ ~. a Elt• Pt~Fty; ~ ` Pleased Ua€t 1)evelagmen~. Harrower
<br />- shall keg ttte PFUperiy in gates repair aad shall not camtnit waste or permit impaitstxnt or c~teriaration of tt~ P[ogetty
<br />and sFtall comely with the provisions of any lease if this Aiartgage is e>tt a leasebodl, tf this Mcxtza+te is nn a unit in a
<br />a:vadonainiutn or a planned unit dzvcIoptnent, Borrower shall perform all of BatTa:ai:C S abtigatiarts under the deetaratiaa
<br />ar s:ibYe~auis ?;rcaiiv~ CsP gavetnitt~ the iitridatittnluttt it `planned -unit development, the try-ia+vs anu regulations of the
<br />candtaminiurst or planned tuts#-d~veiapment, and constituent documents. tf a condarrtinitun ar planned unit development
<br />ritiCr is e.~tecuted ~3' Boi roomer and recorder! togtt~r with this liurigagc, the covenants aad a$reetaents of such rimer
<br />sha3`6e acn-oporatgd ima and-shat! .amtsttd and supplerttent the oovenriatts and agt~ttants of this Mortgage as if the rider
<br />were a pet' hereof.
<br />~. Prulertlo:~ of tecder. 9acurliy. It Barrtn>t•et faits w pcr€arm Llte eavrrna.`tts and agrexments contained in this
<br />Mortgage, ar if any action or proc.~cditig. is commenced which materially amts .Lender"s interest in the Property,
<br />,including, but not hmited to, eminent domaia,-ittsalvency, t:adt°entorceateust; ar-at`cangenaenLs or proceedings involving a
<br />bnn':rupt or decedent, then Lender at L>rt!der's.aptian, urn nutice2a Barrawci; may makz spch appearances, disburse such
<br />stints and take such action as is necessary tti prcxect I~+dCCS itterest, incltuiing; but Hai lirnited ta, disbursement of
<br />rsttsonnT?~ attatvey's tats and entry t:x•on the Propsrty, to _tisska rspaira. I# Lender required mortgage insurance as a
<br />~~ti,. ~k;,, et~r -in anr_rnti kv tkia. fyJ.~=r- ~ it+-+t?s ~6 c,~*a3t -' y ad h
<br />-°o=;x ~ g-y--dts F.rea:.iums t+yuiF,. aintarn su:.
<br />- ,-F ., •...1tf tae.}. 3_"- h _ - .- _F.~w h-rs3i7t`as~'tf~~ sc•s au a,. v"aesat'>ve is,ciY Uaravwi"S iZiad
<br />- t~ .. ~. ..~. .,., .. ...g..`3. ,.-
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