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r~ ~,-~r,an,, ~~r-~u a.~<rs. ~„r:cvser a~~ '~-~f~ a sa r ~aE,,rc~ ~o`vu:
<br />1, PNay~t~u'~sast e.f k"ric~eiEpal ~~~ Is=*er 3csrrcv:ear st;sll prcy-~e ls• fray ~~: Y^a, dYm tEs~, r~rinrn~Hl of me rv.:res' on ?`:~
<br />in3;~.., r.:?n_~ erw^idt:~cai,~5 by eF~ ~,~ote, prenay~:_Pn: y~.a laf~ ~.; <„g..< ~.,~ provsded ,;; the :^4:?FYL', ~.nw ,h_ g~ri,^.~is>a: a .:st,ert-
<br />an a;,y i^uture mac:+annts s~s;ttrzd 'a.~ ails moo, gwgW.
<br />s. ;~'° fie 'f'::~ `,i.~.w ~,.r«:tsb. _-,~~a a^~:?~ tam Vr :~ _ .~ ° _ " --- - _ r?_--,_~a1 ~c.T.~s ~~}.
<br />tat Lartlar o: th.~~ ~ , matstlsly irstaliraeat3 of vrincipai>aad interest are payable r^nder the 2:o~e. until tI e =ore ss p din fuss,
<br />4 sun. ~ereiu "F.~nds'°) equal so - t~velft of .. yearly a,_s and a~sessrseats w;;:ch may attain ori*y giver thzs
<br />hicrtgage, and groan` rt:tsts on the Property, if any plus ane-tti=:~Iith ofvtarSy pren;iutr insia3lntents for haa~rd itaaura;3ce,
<br />pl;:s ane-rvelfi;~i of ya~ly pre:nitstn instattn:ants for mortgage =ns;trance, if any: al! ~ reasona"isly estit?iateci ir,~-tia;l° and from
<br />limy to titre by L;;ader a.^. the hasi> o€ assessments and hilts and reasonable estr!satea ihereo€.
<br />1~'ae Funds shall be held in an institutiost the deposits or accounts of vehicle are insured or g•,taranreed by a fieei:sral ar
<br />s ag~-cy (~~tiraiina lender if Lgn~ier is such 2n iasti,uiion}. Lender shah apply tae t=;tnds to pay said taxes, assessrnea~,
<br />insurance, premiums and ground sects. Lender may ant c3?azge for sa holding and applying the Funds, analyzin3 said accourrt,
<br />ar ver`~y'ing end carnpiling said as~ssments and bills, unless Lender pays Bat-row~r interest as the Funds a ~? ap?;li~,alsle law
<br />perrstifs Lender to r<,ake such a charge. t?z;rrawer and Lade. may agree in wr:tins2 at th° time . _x;,cus==~ of this
<br />Mortzage tltaf interest en the Fu.sds shall be paid to Borrower, and unless such a;reemeni is made cr agpiicable law
<br />requires such interest to 13e paid, Lender shall not be required to nay Borrower any interest ar earnings on the Funds. Lender
<br />shall-give to Eorrower, wifhaut charge, an a..nual accounting of the Funds shovcveing credit and debits to the Funds and t-ste
<br />putpase for which each debit to the funds was made. Ilse Funds are pledged as additional security for the sums secured
<br />by this Mortgage.
<br />If the amotmt a% the Funds held by Lentter, together wish the future mop*.hly insta!}mertts of Funds payable prier to
<br />ilte due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required. to pay said taxes,
<br />asse„ments, insuranc:: gremiums a.d ground rents as they fail due, such excess shall be, at Borrowe*s cptian, either
<br />p€omptly repaid to Bormwer or credited to Borrower on monthly installments of Funds. If the amount of ilea Funds
<br />bald Icy Lender shall eat ire sttf&cient to pay taxes, assessments, insurance premiums and ground rents as they €all due,
<br />Borrower shall pay to Lender any amount necessary io make up the deficiency within 30 days from the date notice is mailed
<br />by Lender to Borrower requesting payment thereof.
<br />Upon payment in full of all sums secured by this Mortgage. Lender shall promptly refitnd to Bormwer any Funds
<br />held by Lender. if under paragraph 1h hereof the Property is sold or the Property is otherwise acquired by Lender, Lender
<br />shah apply, no later L`san immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by
<br />Under of the tit>xe of application as a credit against the sums secured by this Mortgage.
<br />3. Ap~icat€on of Paymenie. Unless applicable law provides otherwise, all payments r,~ceived by Lender under the
<br />Irate anal paragraphs :and :hereof shall ice aPPiied by Lender nest in payment of at-,=aunts payable to Lender ~y Ha, vwa
<br />udder paragraph 2 hereof,then to interest payable on the Piote, then to the principal of the Note, and then to interest and
<br />principal oa any Futuze Advances.
<br />9. €:ha,ses; ~°. Harrower she#I pay all to res, assessments and other charges. 5ts.°s and impasitisns attributable to
<br />the Fraperty w f rtt tray attain a priority ovr:r this r~fortgage, and Ieasehold payments ar ground rents, if any, in the manner
<br />provided tinder paragraph. Z hereo€ or, if not paid in such manlier, by Borrower making payment, whey due, diinotly to the
<br />paytx thereof. Eorrower shaid promptly furnish to Lender all-notices of amounts due under this paragraph, and in the event
<br />Borrower shall make payment directly, Bormwer shalt promptly ftsmish to Lender receipts evidencing such payments_
<br />Harrower shall promptly discharge any Tien which has priority over this Mortgage; provided, that Harrower shall pat Pre
<br />required to discharge any such lien se fang as Barrpwer shall agree in writing io the payment of the obligation secured by
<br />ss:Itli~ in a mar~r acceptable to Lind; r, ar shall in good faith centest such lien by, ar defend er!forcemsnt of such lien in,
<br />legal pra::eedings which operate to grevens the enforcement of the lien or forfeiture of the Property ar any part thereof.
<br />5. $~azarA Inattrance. Borrower shalt keep the improvements paw existing or hereafter erected on the Prcperty insured
<br />against loss by r"tre, hazards included within the Term "extended coverage", and suds other hazards as Lender may require
<br />and is such amounts and far such periods as Lender may require; provided, that Lender shall not require that the amount of
<br />~uctt coverage ex~d-that arrau„t of coverage required to pay the sums sa:ured by this 33ortgage.
<br />~~ _ __ _ i~ ty~ll ~ t, n ti t r t h i r pr yi
<br />~. - °""=er pra;ding insuran;,. s. che=ep ~y .,or ucr su..j~ ~ approve, _y _nder _o
<br />that such approval shall not be tinreasonabty withheld. All premiums on £insurance policies shall be paid in the manner
<br />provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the
<br />i~st carti~.
<br />aH.Lsn~R~tT nf,til~ mmn,i -ra„~w~ts r~c~,f <h~n br in tnr^rr a,,r~ntat,lz to Lender anti shall include a ssa*tdard martYa~
<br />eluttse in favor of r,nd in facTti ac,:eptatsle to under. Lender sha}i have the right to bald the policies and :~newais fhes'eaf,
<br />= ;~:t~~-'Cr ~hsii ~~t~:iF ~-.:;z~~~ tip ~'s`.r ztli ~cr3al #3s`zits.~ ane _ i paid ` ~u - n3. : th; ~:'e , ~, .'°~,
<br />- - - ie,'~v."~`4s mall- - ""-' uvcte~ is-ate i~r,`stir,°s,': ~ ~ri2r a~ z..,t.c.,.z. ~..~.a,VC ._ - - 3k° -"OJT Ji~=.~"~ :f#E~? ,~a'z~'-~ r ar '"!ty
<br />by Borrower.
<br />Uttiess Lender and Borrower otherwise agree in writing, insurance proceeds shat! be applied to restoration ar repair of
<br />the Fraperiy damaged, ptnvided such restoration or repair is economically feasible and the security of thss ;4ortgage is
<br />not thereby impaimi, I# such restoration or repair is not economically feasible er if the security of this Mortgage would
<br />be impaired, +ate insurance proceeds shall be applied to the sums severed by this Mortgage, with the excess, if any, paid
<br />to Harrower. If the Property is abandoned by Borrower, or if Borrower faits to respond to Lender within 30 days from the
<br />date twtice is mailed by Lender to Borrower tl;at the insuratsce carrier offers to settle a claim for insurance benefits, Lender
<br />is authaiizs~ eo collect xnd apply the insurance proceeds at Lender's option either to restoration or repair of the Fraperty
<br />ar fo file aunts secured by this Mortgage.
<br />Untese * gnde_r and Haarrower otherwise egress in writing, arty such application of aroceeds to principal shall .-.ot extend
<br />or postpone Ehe due date of the monthly instalments referred io in paragraphs i and 2 hereof or change the amount of
<br />such installments. if under paragraph i8 hereof the Property is acquired by Lander, all right, title and interest of Harrower
<br />in and to any insurance policies and in and to tlse proceeds tuercof resulting Pram damagts to the Praptsrty prior to the sale
<br />or acquisition shall pass to Lenttcr to the extent at the cusps secured by this Mortgage immediately prier to st:ch sale or
<br />acgttisitian.
<br />6. Pxseervsttign eattd ldialntenaece of Property, LeasehohB; Canttontlnlnttt~, Piantoed Unit t3etelapmen~. Borrower
<br />shalt keep the Property in ¢ratt repair and shall trot commit waste or permit impairment or deterioration of tt~ Prapecty
<br />and shat[ cainpty with the provisions of any Iease if this Mortgage is an a leasehold. If this Mortgage is an a unit in a
<br />eeittd~rzinststn i;r a pisnttcd unit Idpraeut, llarr.}-~r shal# per arm all of Barrawer's obligations under lire d,°:.laratio,^,
<br />or cavettattts creating or governing the condominium ar planned unit development, the hy,laws and regutatians of the
<br />cartdtsminium or planned unit tlevetopment, and constituent documents. If a eondaminium or planned unit develoMtneat
<br />iidpr is executed bq 'Harrower and recorded together with this Mortgage, tfie covenants and agreements of such rider
<br />-shal# is~ i~.•arpereted_it}te arzd shall amend aad supplettretti the-cavettants and agreements of this ?~lotTgage as if the rider
<br />were a gait Ite.~ttf.
<br />'7. i!eute+rti~ ai LetstleYa Secnrtty'. Zf Borrower fails to perforpt the covenapts and agreements contained in this
<br />1~ar18aEe, ipr if arty action or prptittg is cottimeitcsd voltich materiatig.affects Lender's interest in the Frapzrty.
<br />including, hilt ttdf Iimiteci ib, _~~ttintnt doud~in, iasalveney; code eitforcemenf, or arratsgetnents or proceedings inveiviag a
<br />hankrttfx x aecedesit; tlxen Lender at Lettd;.r`s irption, tiptop notice to Harrower, may triake such appaarancec, dislsurse such
<br />s•,tfrts and take. sttttt a~tian-as is .ise~asat~yr .ta genteel, Lende'r's interest, including. but nat. limited to, dishursesnent of
<br />- ~~t~ str...~~'A_f~ a~wt_ri.t°r; .,.~„ tie. By~.tiv-_t -.r -kg_re"t-~tia,. tf t~ctctpr ,refv.irp_r) mnrt mar inc,eran~e ac a
<br />asa;~. ~.:.f '-- ~~ e..,..an.. vie t v chi`- ut .t~a~°..; ~ zi eft. ~,~y th° _prd,;....... r:,qn r°d to .a7P.t=..Ft „Cit
<br />.s.ma±tee.-~~ ~ ,~nrii ~*ch izrs±. - tl+e rraatzir+~c+±a;` f~ s+.i7!~ranee terrrtinatcs. in areardance with Hnrrowet's4and
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