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<br />Lle.itFOasv Covv.t+nW-rs. Bs~nower and Ixnder covenant and agree as follows:
<br />1. Payasest of Priecipai sad latest. lfarrower shall promptly pay when due the principal of and interest on the
<br />indebtednep evidenced by the Nde, prtpaysnent and late chargrs as provided m the Nae. and the prtnctpa! of and interest
<br />on spy Future Advances secured by flits Montage.
<br />2. 1Raais for Tara wd taaaraaaY. Sltbjat to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lertds oo the day monthly ireuallmen4 0[ principal sett interest are paytbk under the Note, until the Note is paid in lull,
<br />a sew (herein "Futsrk") equal to one-iwdtth of the yesiy taxes and arxser^-rats whicfi may attain priority ov_r this
<br />Mortgage, asd ground ren4 on the Property, it aoy, plus onrtwel(th of yearly prcmittm isutallrrtertb t« hoard irnuraoct,
<br />plus one-twelfth of yearly premium inatallmasb Eor mortga_ae inwrance, :f any, aU as rentonabty estimated initially std [ran
<br />time to time by Lender on the basis of asseamena and htlk and reasonable estimates thereof.
<br />The Frmds shall be !told in an institution the deposits or accouoa o[ which are incurred or gwradeed by • Federal «
<br />s4te agertcy f including Lender if Lender is such an irstitution 1. Lender shat! _pply the Funds to pay said taxes, apasmeots,
<br />inartraoce pnmiunu and ground rents. Lender may not charge for so hoWiog and applying the Funds, analyzing aid account,
<br />«verifyiag and compiling said apessments and bilk, unless Lender pays Borrower interest on the Funds sad applicable law
<br />permib Leader to make such a ~:harge. Borrower and (.coder may rgree in writing at the time of eaavtion of this
<br />Mortpge that interest on the Funds shall be pad to Borrower. and tsalas such apeentent u made or applicable Iwr
<br />ngttites ttta:h intercu to be paid, Leader shall not be regwred to pay Borrower any interest or earaio;e on tlss Funds. Leader
<br />shall pve to Borrower, without charge, an anew! accounting of the Funds showing ctedib and debib to the Funds end the
<br />purpose for which each debit to the Fulda was mark. The Funds are pitrdged p addttiooal sactoity Ex the strnu securod
<br />by this Mortgage.
<br />It the amount of the Fttnde Geld by lenrkr, together with the future ttwniMy trntallmutts of Funds payable prior to
<br />the due data o[ to:es, assessmeo4, iawrance premiums and ground rarb, shall exceed the aatourtt regtriroa to pay said taxes,
<br />asassssanb, isssuraoce pretnittms and ground renu u they tali due, such excw shall be, rt Borrower's opwn, either
<br />pcospdy ropaid to Borrower « credited to Borrower on rttonthty imtdhnertb of Foods. It the amotsest of the Fusels
<br />httW by Lander shall ltd be atdikimt to pay taxes, aaaanena, istsurancc premiums and pound rend a dssy fall du0.
<br />8orrvwar s6aB pay to Lander aoy amount s>acapary to make up the ddkiertcy within 30 dari from the d•s stotice is rtwlad
<br />bf l..aaldar b Borrows nVt+Mt+ni PaYmem t6areof.
<br />Upon payssot in full of aU twins secured by thu Mongage, L.eodsr ahaB promptly rcftud to B«tower any Pwb
<br />held by [.eudar. I[ ands paragaph IB 6eraof the Property u sold « the Property u o~srwta acquired by Deader. L.aadsr
<br />nWl apply. oo loot than immediately prior to the sale d the Property « ns aogtrsinan by !.alder, aoy Ftteds haM by
<br />Ltttader u the dine of appHweioo a a credit spinet the strm ssetrad by thta Mortgage
<br />~. ApgreaYaa r Ptt/maatta Unfas applicable law provides dherwne, aN paymerus recavad by Lends tsadar tits
<br />Nola sad panpapis 1 oral ~ htuaof tthaB be applied by [.coder ieu in paytaatt of amounU payable w Easels by Barcsrws
<br />tutelar ptsrrtgraph 2 !leant, tltaa b ieteraat payable oo the Nde, then to the principal of the Ndt, amt rhea to interact asd
<br />principal oa any Futtae Advaeoa.
<br />4. CYagsp IJan, Borrower shag pay aB lasers. assarrneob aed dher charges. Dana sad impoaiti«a attriMtahM m
<br />rho hopaety which aY again a priority over the Mortgage, sad kasshv~ld payments « gsnuad mats, it aay,r tie ttsarnar
<br />providd seder pratapb 2 hereof or, if not pad a retch rttanner, by Borrower taatieg payasant, what lira, deraotly b tits
<br />WY'M Borrower shall promptly ttQaiab to Lands all ndwcs of amosaHs due uads this patapaph, trod is tits swat
<br />Bsrtvtsar shag sate payaasx directly, Borrower shall promptly fusaktA to t.sade• reaipb erideaong sleek pnrsrtaass.
<br />Bortower shatl peo~dy ttischarge say lien which ha prtotity over this Mottgage: provided. that Borrower sAaB not be
<br />taquind to diacbarpe say such tkn so beg as Borrower shall agme in wnttng w the pay»aant u( the obligation secured by
<br />sorb lien itc • relapse aaeptahle to Lender. « shall in good faith car~test such lien by. or defend enforcemsat of such lino io.
<br />Itpl prtsceedtogs which operate w prevent the enforoesrtent of the Iten « [otfetturc of the Property or any part dtenof.
<br />S. liaaard Msaerace. Bortower shall tarp the tsnprovemtnts now exkung or hereafter anted oe the Property levered
<br />against lop by An, harards imludtd within the arm "exteteded coverage". and such dher Aazarda as Leader may ralutrc
<br />sad m such amarna and for such periods u Lender may require; provided, that Lender shall not requtrc that the amauat d
<br />srrdr coverage exoaad that saornvt M caverag~ regwrtA w pay the vents serutad by thu Mortgage
<br />The iasuraace carrier provid&ng the iowraoa shah be eheaea by Borrower subject w approval by Leader: prmtdad.
<br />that such approval shag reel lx tsnreasonabty withheld. All premrtxsn txt traurartcrr goiters sMll De pad cn the realms
<br />provided uadu paragraph 2 ttereot «, if not pad m utclt maaster, by Barrows roattog payment, whin dtse, dssectdy to the
<br />iawr~ Barris
<br />AJ[ ksatrastct p aoa rtxxwtds tlterwf tdsalf bs sn torte acceplaMr so Lerdcr and she!! :ncttuie a vtan3ssd ::sastgage
<br />closes m tav« d and m farm acrxFtattle w Leodu. Letxirr snarl nave the rynt rc: tt.Nd tree pwscea amt rcnewaiv tneraot,
<br />sad Bnrsavzs stall psaasp:.;~ hasish m Laoda sl! rso.~w:.' mx:~-os a,:d a!I :~s~s o} paxt Mrea::.:sns In t!x evsm o! leas.
<br />Bortowu shall give pmmpt twtice to the tosuratut canter and lender Lender tttay make prtxrf ctt lop tf rnx made prrxnptly
<br />bY' .
<br />Udsss Lends and B«rowar othet'wtsc agar in wriuttg, inaursnct prvxaeds Malt bs applied w r. :uratisw car npau d
<br />the Property damaged. provided wch testotawn or repot a ecorsort-r ally teaubk and the secure. of rhea Morgsgs to
<br />not thsaby imparrad. If such raut«arrun « npatr u rwt e~rommrcrlly luartek car tt the sesunty d thrs Mottgagt wewld
<br />be tttopatrpl, the mwnaee ptosweds shall be applied to the auem second M' tlw Mortgage. with the exsxp, it any. pad
<br />to Borrower. If the Property a abardoneal by &vrowec, or tt Borrcrwar lath to rmpumt to l trader wtthtn 3U days from the
<br />date noses a marled by Leads w Bcxruwer that the trouran.t earner uflen ro uvtte a elatm for ttesurtta~e traoellts, Lender
<br />b aathorizeed to cosset and apply tie tnwraru-c prooeesb at t crtder's csgton other w rastaratson or rapau d the Property
<br />« M the attars second 6y thu Mortgage.
<br />Uolw tender and Burrower utherwtrt agree .n wrung. any a+.'h applrvatton „! prrr'oads w prtncepal vhrll twt esterd
<br />nr po+tp~one the due data of tree trtunth'y twtalirrrcnts refer led to to puagraphs i text herarl or .dangc the rmourN .rt
<br />such tnsWlmants. If unLr paragaph I a herart the Prupsm w av.;uuuvi by lender rll right tttk and tntercvt of dlvura+wcr
<br />m red to any' imuranrc pohctes red m and h, nc~ prewceds thereat resulting from damage to the Pn*prrtv prn,r h. the vale
<br />err swgwutiun shall pas to LeeKler tr. the estent cat nc~ suave ve.:ura: hr thrv Nortgagc immadtatclr txn,r rt. vuch uk :>.
<br />angtrisitirm.
<br />d. Na/isaia tell Maislsaaaa a/ hapsstYt LaaasialdN Casgandalnrart Kassel llalc Oavalagt~stsss. Bortotvar
<br />lira! loop tits Ptoprty a good repair and statl ctrl cosmic waver car push imparrmsat « dassdosatioa of tie lroparty
<br />and shall Ctxnrt!y vrkh the ~ of arty lease et the- Mttrtgsgc M ern a ksaeneid If then Meregage n cut a unit sA n
<br />candrrmiosum or a pkoned tutu devedopreeat. Bnrewes seal! peef~+rtn alt of Bormwer's oFlegattnra under the de.larNmn
<br />« GO'Yalaaa CKaGag « grwsntng tip catdotemtum or plannM unn gevetopmant, the ray-Nw arW segutatorss of the
<br />eeadortsisitMO « p[aoead unit rtMdopaMd, tad ccsmtituent dtx:tunents. l(a condaninium « pknned unu dtvelopsetartt
<br />rider u nacWed by Bortows and rtttoosdad tugalssr wuh this Murtgaga, the wvetuura sort ag.ramanb of such ndtr
<br />aWl 6a iatsorparadad loan and siaB aasatd and cupplamaat tdr covesast-, sad apaataetw a( the Mortgge n rt she ride
<br />was a pus litres[.
<br />1. Psalae/ars a[ tattatiafa iresrily. It Bunuwar tails to pu[urm the vxrvaeauia and agteaassata vwetaured to th+s
<br />a it arty sells « prowadiag u coameotrc! which materially aQeca Lersder's trturea le the P*upeny.
<br />Y~ but not iimitad to, amiattat dc.aairt. insolvency, cods eaforarnserst, « arrangesenb w prctcasdinp revolving ^
<br />bantrtrpt «dxadttot, then [.Bader a t.aodar's option. upon rtdtzw to Borrower. may mats sw'lt appurartcea. drvhurx vw-h
<br />twins sled take suck action a a aacaa+vy to prdect Lender's tntereat, rncltxtiag, but nd limtred tn, dnburumsm of
<br />twraonable utoraay's [eras sad mtry tyen the Property to males ttapaint. If 1. Jet regtnrcd mortgage tnsurancc rs a
<br />conditloo of soaking tie loan sectrrad by tits Mom, Borrower sMtl pay the premiums regwral w matntatn leech
<br />tasurama In eQact cell! welt time as t}se rsgttirataaat f« wch ittwrantt terminates rn accordarxe with Borer+wcr'. and
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