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<br />Lftwrt•ruaax €:aw-en,errrs Pori^itwer and Letrdcr urvertant and agree as foiti*ws <br />f. hyttaeat d I'rlseipal ai toreros. &srrowet shall prasttptly pay wren due the principal of and •merest ~n ttn <br />rndebtedttsus evideaeed by the Note, prepayment and late chatrgs as provided to the Note, and the prisecipai of and ,neemt <br />on sap Futt•re Advaatxs secured by tLris Mott;a;c. <br />2 Baru fsr 7aa atad - Stiabject to ttppficabk law or to a written waiver by Lettdw. Barrowu s1,aU pay <br />eo Leade[ on the day mootfdy ittseskmettts of Fritugral sail intetdt are payable uaa'.s: the Note: otuil the Notx is pstd in .`uU, <br />a team thetsia "Funds") equal to one-twelfth of the yearly taxes and as.aarnertu which may attain priority over this <br />MortQa;e. aad;rouad ronu on the Property, if say. plus one•twe1M of yesrfy premium itaataFtasants for haraM rrwuaaaee, <br />time ~ ~ tftiy L,eoder on ~ ~a of aaeaanteatf: wand ryrooabk ott.nata tlaartgl. y m~~ iahiaity sad from <br />7be Funds shat! be bold in an iastit:ttion the deposits or accormta of tshicb ue itrwet+ed w ;ttaraateed by a Federal ar <br />stale a;enry (iaclttt6n; Lander if Letxfer is atach an irtatitutim). Leader aitaU apply the Ftrada m p.y acid tun, asaanaoaa, <br />i~ttrsaco prmaiwra ttnd;totrni rcnu [.coder may not chug for ao hoklin; amt appfyte; the Fneda, anatyzin; said aaorxtt, <br />w vuityia; sad oompilin; amid rwnasrnenu and bilk, unless Lander pays Borrower entaadt oa the Funds sad appiinhh hsr <br />ptsratits reader to tttske sue`, a charg. 8orrosrer soil Lettdtu may a;roe in writin; at the time of etteesRlots of llt~ <br />that Latta[ oo the Frmds :ball be paid to Btsrrowa, aril aatas tauci rtpsetaaN a mach a appKw6h law <br />aagttlrw stacb intatYd to be paid, Leader ehaLi tact be required m pay Bormawc say interest of etrttirt;a os ties Ftoda. Lawlor <br />aiaN clue to Botrrrwa, wtthau char;e, an a,souai accoue•.iu; ~ the Rods sbwio; crodits atsd debits ao ~e Ftmda aed tie <br />ptvpose for which coed debit w the Fttoda was made. ibe Frettrh are added u atl~tiood sta[[[[y !tx eLs camas aaeaeed <br />hY tih MorgaM• <br />!f dta ataomt of the Frrsda bald by Lender. toeetlnr with the fruttrs tttrosthty irtualimesu d Ftoda payable prior to <br />the tfssa tLur d tans, asaessrnesa. ittatuarace ptsmirams and ;rowed tam4, tifa{I eaASSd tie smears[ regtaSted to pay tttid ttttlaa, <br />aaraopnu, usataraace ptami~ trod ;round renu u they fall dot. such eatxr shah fx, at Bonowa's option, aitiar <br />promptly rapafd to Barmwer or cre~tttd o Borrower as taonthiy iawtallmarw of Frasds. U tie armor[[ of tke Pttttld <br />hold b Lssdar tiaB sat 4 attficiast to pay tarps. aasarrsser, aatrame prsmisms rod Btotrwl [[seta m ttlsy ltiB tleae. <br />Bat~aia8 say asaoost neeassary to make ttp doe daB~iracy wiWNa l0 days how ties dart ooaias i maflad <br />eegraaat>t payesaae [Lasser. <br />[aril i psyaastu ~~ of a8 area sacttrad by the afortp;s, L.esdrlr aYstl praryttly tsLaed to Boncwrar stay *t~M <br />afaaB apply, so facer utannsmedlaallya pa t ae tai t ~ a li` Prupar`y is odre"e a°°tttn'° by E.a~er. L..+Yr <br />Lasdu r tea rime s! gplioatlas as a asdk propaaty or as aegmallian fry l,Jrsder, arty t'hatrda 1trM ip <br />spina ttp stet[ aaeared by ehra trlort;aee, <br />~ wpl~e r ~~ Uslar trppiieabh hw providw tstherwiae, aN pay+aettu reo.f.aa y tenar-r [mitt tit <br />Plot sad 1 W 2 hwset dadl bs applied by Leader tiro is payosm of a.auw payabir to feadkr by trsrvrarr <br />toiler paraerspi--reot, ties o lsaerara payatais m the Nor, tits m tie peioc~rai of ~e Pleas. nil tlw b iarwrat aatd <br />ptaadpal oa trait Ftrsrra Adnaoea. <br />4. CiaapR [dolt. Btxrosrer shall pay aq [roes, maetaraeeu and other ch+rti+>t Dan sad itapnkitam Mtribatgltle ao <br />fie Raapaelf lsiiai tiaq awls a priotfry otar tktia MartfPB0. awl isaaelaeid psymrw w ;miaad tarots, [ asy, is ifaft asassar <br />pawtidad tLeadn' paaaeraph 2 haesol ar, i! sat paid m sq~ soaraer, by Borrower ttaattiae paytartt, wise tie, diaaip p ties <br />pnyaa [twos[. Bpnawr tfiaB promptly fQeish is Lttsdar aY sotiaa o! aamtrw dw esdrr [lair irwerapir, aatd i• tIr west <br />Bttrrosasr shill make prytssa diaectiy, fiterosver ahaN Pt'omptly fterniNr to Lemhr reseipu evidast3a; staci ptrymeera. <br />Bertoswr abW psemptty ditclar'e my boo which has priority over this Mrxiea;a; ptovttlad, that Borrowu tr sat k <br />tspdaad to diaciagt any such rise so Lott; at Botrosrar dal! a>eree in writs[; to tie payspet rN tie oMi;atinw sacyred by <br />sued toes in a ttsasau aera~teade to [.cadet, d s1ra8 h ;nod lsitC cretnt each tier by, or dtaaad adaloeassat of w«h Lisp is. <br />heal peocaedtn;s which operate to p[[[uce[ the aatortxtserrt of the list[ or forfwtwe of tM pmparry a say put [derail. <br />!i. NaYr'd lresatooa. Borr'orser siatl tap the iwpnwmerua [tow eawrn; .a hereafter erectwt oe the Prrsrerty raatlreid <br />a;aioet !au by fits, haa;arda inchtded within the term "exteaaderl coveryr", srrl sur:h othsr iaaisrds a L.eariar twsy [spars <br />and ~ [stets smctw~ sad For a~ iavacrlt as Leaadas rosy regtrits; pavvi~d. that Leader siutl trot tegaaiae dare tfae soonest of <br />soh ~~ t!,at s:~aet ^! co+ca;e ttxttnxt~ tr paY tt•R °- ° ,~trpl by tt•,~- M;.t <br />7is isstraera urtiu paovldie; ties imutaaws alb V choaea b•y•Benstwav wblact ao afR~'r h'Y iardar; provtded, <br />tit [[sett yapsovd rriaa8 sot be uarrteaoeably witklaald. !Ut pateattttma on iaaurance pohcaaa sbril be paid to [tae mama[ <br />pravi3eai [[goer petrtrgagh t aasof ~, tf sot pod ir. xscfs ^~ , by :ta-rovax rwk,a~ paya~t. +tasa, .#ae..3;rs>ti.tly w ~ <br />foEaisn'~~ raasrn6r• <br />t i ~ pnft,~ m3 rseaTraLs ttrerec+f shall i+e m !aorta :.'~tataic rt L etscicr artd shai# en.itsde a :tan:iar-d tmtlges <br />lavt*r e? tme sn lor+.n ~ m E .adw•. L r~ ~. . ~ r;y'st t.~, :~ y-..i~°:~ a- ,~.v:La t;wr~. <br />sail t)terroas«er ptly turairlr ee Lender raraS ttett€ss try ah tea c?t prswta:sas le ttn avesu ctf kssa, <br />Btaereaasr aiaN;tre prompt solace to the raswatrx carroty std l.aedar !crier may [[rate prstsf of koaa rf nil [[soda prornpHy <br />by B~ter+orrer. <br />Uala Larder sad Bttrrowu otietwne tt;rsx w wntrq;. ttasutaacs prot~rda sha11 Ee applad to restoration .x repair d <br />the lRopot•ty damaeod, prordd ouch eaatoratroa p rcpax n eeateernuaNv teaaaMr and the aecwrry• d the Mort;tree a <br />not daroby itsprnd. If welt rdaxatmn or report a cant es'atoastcalh feastbic .x tf tfss aecunty ut thz- MortPee would <br />be ispsirad, t!e iaararaoos prwaeds she!! be spatted w the arras retvred by tttu Morreaee..attb the eras. o ant, pad <br />W Bmrtrrrs~r If the Yropeery >r abatsak.mu.t hs 6urr,..ret. or rt Brxmwar [arks to rasptxxt to LerKier wrrMn kl days fr..an the <br />date eotitx w nulled by l.eadtt to Bwrowcv [trot the ranarawcs career cHhfa to sett[[ a cirtm for etgwencs baeellu, t.arwler <br />a urboriee4 m collrct rail apply the tanurarn r pr.,oersis at la,odw's opttvtt aitlaer w rwrurataon or ratpaur tsf doe AapMy <br />or to rite sstatst twcwc•d b/ tt•a klorieyr <br />Uakas tetsdar sad tlatvmer uthrr,rrse s;tee in wrrua;, an', staid appditattnn .>t prtaeeata w pr,tsctral ,halt red [stead <br />ur posepon; tin due airae ctf the rrwntbly nrstalimertta ret¢rred w rn parrr`nphs ! artJ _' retort or ,han~e rht arrtawnr of <br />such rnatatltrent,. !( uta.tat txtrrdr atrt! ;a iw: ~!t tltc Pt uperrw u aiyurr tx! hr (.puler- sit rsRlrr, ertk aed ;s::v-: tat .,# Lic?t ra,wr; <br />to area to .oY srawruwe ptrlacaat rna) sa zexi r„ !tn: pri..aeda [Leta,[ resultenr tr'lfti ,ramose to rAr P.t,per,~ pncv tv thr ank <br />err ae rttcta shalt W Lander tc the ertsnt of the soma spattrrW b} iraac l~utea;a .+atneaftaieiy ptaaa Mr ata~A aais eta <br />fi. llawesrrr anti A/aYalasen at $ l.aesairidK C.wUrarlrlttswt Rassai UtW Dwaiapmae~ Bartoaver <br />~If t l`:<~ff~ r ~.~f tamer -3<.t- r au ;nil ;13stt ;r ~rtiist ertaytirt ~rr irc~uv+r :.; i~ L zu~i;' <br />aria absrl! "t~y xith she {trovisnra- is of airy 2Gwsv st ihtf Mwsatauc rs un a .'aaaaEaiid tf this S.iuctaaac n :w a unu in a <br />ccttttktminittm ar a planned trait tkvekspntent, B.uri,wcr sltal! perforce aU at 8orrower'a ,abtajatixsa under tfn t'a~°lustsu.^, <br />or ttovaetter etsatiee or ;ovasir~ e!p atrdorrtitaiws of piaanttd utut tfevtefopotent. trace by-Laws and ts;uLatwns at the <br />cwdoa~mtatar or piataoad [[tilt davoiopaesat, [tad coetMitstant dacumanu. It a ceadotnmWm d pJreraad [sort .ieveltpmarrt <br />rain h traeestrd M!' Bturettw aril rscotdd oeatltar with ttta Mat;aee, the covseasea arw aBpeseats of such rider <br />ttiaM M iaoerppsatad hie sad sbaB atrrssd sail ss~pi~tsm tlla covedaafa sail agerapau of tips k1~ye as rf the rider <br />iY~+ai ~ ~ 1lmttwt. <br />7. paslaallrs e! Lasda+rs ~• if Botrosatr faits to ptxform the covwads sad aersaoertes cttuattrod to thrs <br />I/ottppe or if asy . 'Loa or prabediae is tesaed which tmterially aBecu tledea's ineareat in tln P*uFem•, <br />laeXadine, bra ltd limited to, saunu.c dtatsaitr, itnaolverrcy..:ode enfercement, or arnn;tmasu ~x proccedlnn rnvufv,rrg a <br />~up't u decedent rhea featdu at L.aradar`a r,ptinn, utra+a twarae to ikxrower, may note such appeararxr _!~sburyr stn•h <br />ataru and rlte srst~ action u u Y sra ptotact l.atader'a iatsreu, rnCiudia;, but not lirmted to. ,t,sbrancmen• „t <br />rsYmrbh attorsey'a tea sad arttrp capon tin Property m auk[ rapain. Ii Lender required [non;a;e msurantt ac u <br />eoeditson e[ asafcia; ibe [cart set-wad by [tad Mon;ags, iorrower stroll pay' Ede premrutsss reyutred :~, maintasn such <br />iststuaacs In tdlect txttlf attch titsae as tix zegtcireaaeat feu s~ ansurtutct tertnittates ;n accarciat:mac we!h St,ta,wcr's and <br />