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UNIFO1tM CoVENAtVTa. Borrower and Lender covenant snd agree as follows:
<br />i IPttymeat of 1"rh+ci@at attd interest. Borrower shall promptly pay when due the principal of and interest oa the
<br />imkbtedrxs evidenced 6y the Note, prepayment and late charges as provided in the Note, and the principal of and interest
<br />~ any Future Advarces sectred by this Mortgage.
<br />Z ) for Talus earl insmmss• Sublet to applicable law or to a written waiver by Lender, Harrower shalt pay
<br />to Lender ore tlx day monthly installments of principal and interest are payable under the Note, until the Note is paid in full,
<br />a attm (herein "Funds' tgttal to one-twelfth of the yearly taxes and assessments which may attain priority over this
<br />Mortgage, and ground rents on the Property. if any, plus one-twelfth of yeazly premium installments for hazard insurance,
<br />plus atx-twelfth of yearly pKSmium installments for mortgage insurance. if any, all as reasonably estimated initially and from
<br />(~ time to time by Lender on the basis of assessments and bills and reasonable-estimates thereof.
<br />~ The Fnnds shalt 6e held in an institution the deposits or accounts of which are insured or guazanteed by a Federal or
<br />~, stets agency (including Lender if Lender is sects an institution). Lender shall apply the Funds to pay said taxes, assesantents,
<br />~ ittstrt~ ptenti[tms and ground rests. Lender may not charge for so holding and applying the Funds, analyzing said account,
<br />or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable taw
<br />permits header to make stxh a charge. Borrower and Lender may agree in writing at the time of execution of this
<br />~t Mortgage tixt interest oa the Funds shall be paid to Borrower, and unless such agrcement is made or applicable law
<br />rtequirc such interest to be paid, Leader shall not be required to pay Borrower any interest or earnings on the Funds. Lender
<br />~1 shall give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br />~` purpose for which each debit to the Ft[nds was made. The Funds are pledged as additional security for the sums secured
<br />by this Mortgage.
<br />If the amount of the Funds held by Lender, together wills the future monthly installments of Funds payabls pnor to
<br />~ dtx dates of taxes, atsessmmu, insurance premiums and grouad rents, shelf exceod the amount enquired to pay said taxes,
<br />assesumots, insurance premiums and ground rents as they fall due. such excess shall tx, at Borrower's option, eitlxr
<br />aptly repaid to Borrower or crsdited to Borrower on monthly installments of Funds. If the amount of the Fw[ds
<br />lstld ~ I.rndtir shag cwt be suuffseesmt to pay taxes, a,~ecsments, insurance premiums and grouad renu ss they fall due.
<br />Borrows shalt pay to Lendu aaY amount necessary to make up the deficiency wittsin 30 days from tlx date notice is mailed
<br />by Lmtler ifl Borrows requesting payttxat thereof.
<br />Ups payment in fuB of all s,tma secured by thin Mortgage, Lender shall promptly refund to Borrower any Futsdt
<br />held by Lender. If undo paragraph 18 hereof the Property is sold or the Property is othetvitse acquired by Leodsr, lender
<br />riot to the sale of tax Pr or tis ac ~,.t, n.. by t--=°'~ , '-aY Fs~etc t[dd by
<br />slsaB apply, tto later than-imxnedistely p °PettY ~
<br />Linder at tlx time of appiicataa as a crsdi: against :he sums securtd by this Mortgage.
<br />;, o{ p~sesaes, i)tsless applicable taw provide otherwise. all payments received by Letsder under the
<br />Nose andand paragraphrs 1 snd 2 hereof shall tx applied by Lender 5rst in payment of amounts payable to [.ender by Borrower
<br />tmdear paragaph 2 hereof, rhea to inttttst payable on the Note, then to the principal of the Note, and then to interest and
<br />paincipal an any Fume Advances.
<br />1. ~ f3cas. Borrower shall pay all- taxes, assessments and ether charges, fines andR~ psniti~ s ~tntr~ tam i~o
<br />the PrppeRy'tvhiicb may attain a priority ovs this Mortgage, attd leasehold paytrxtus or ground Y.
<br />provided tmrkr psra~aph 2 ltereaf or, if not paid in such meaner. by Borrower making paytttent, whet[ due, directly ro the
<br />payee thereof. 13ortnwa ahaH promptly ftuaish w Lender alt tmtices of amounts due ands this paragraph. and in the great
<br />Bacro+rer shall make payment dittxtly. Borrower sitaB promptly fumisS to Lender receipts evidencing such payments.
<br />liorrtrw~a shall pt+amptly discharge any Ism which has priority over this Mortgage: provided. titer Borrower shall cwt he
<br />rtegttired ~ d'oct,wrge say such ties so long as Borrower shalt agtu in writing to the paytnem of [he obligation sexursd by
<br />such ~ is a magna acceptable to Leads, w shall in good faith contest such lice bg, or defend enforcement of st[ch lid[ in,
<br />legal vrhtch operaas to prevent the en#orseatcnt of the lien or forfeiture of the Property or any Part ~~~
<br />S. Hari ~• Botrowr shag keep the improvemems now existing or txreafter erecteai oa the Property insured
<br />ins bq Ste. ltaratds indnded within the term "extended coverage", and such other hazards as Lender tray require
<br />and ~ std( amounts and far sue3t periods as Ltadcr may requite: Provided. that Lender stsalt tat require that the amount of
<br />tech a:axed that amount o[ cot+Grags required to Pay the sums secured by this Mortgage.
<br />Tllse irtsttrance rarr+s providing the imuratsx shall be chosen by Borrower sttbjext to approval by Lender, prov[depd.
<br />that ssach approval ahaH na !x tmressoaabty wrihlteld_ AB ptemittms oa insetrsnce policies shall be paid in rho manner
<br />pmeided tinder paragraph 2 Iser+cof or, tl not paid sn such •••~••,,~*, ltY Borrower tmking PaYntent. wtxn date, directly to the
<br />toe ble to Lender end shall include a standard mortgage
<br />AH i poiitaes amt teaewals tttseof shat( be in form accepts ~ s ~ - ate terxwals them#.
<br />~ ht favor of ~ as farm to 1-ende[. Lender shall have ttte rsghs i~ ..vld tl~ r~s-tc'ss
<br />sad lltrar:ortt 's.t:ll pana~dy fttttaiah ro Isada aB renewal notices sad all receipts at Paid premmums. in the evsnt of toss.
<br />Bosroa~r tdsall giya 1 notim w the snsurance carrier and Lender. Lextder mar make proof of toss if not made promptly
<br />~` ~ oeeeds shaft tx applied to ratoration ar rcpav of
<br />Ualuaa Isada sntl Btarowea otherwise agree in tcritirtg, itts»taax pt
<br />~ ply mod, provttled crab ttxtoaatwa ar re#ntr u ccortoaticaltY feasible and the sscwity of this Mortgage is
<br />trot thdehy ~paitnd, i# atsch teuoratian ~ repair is rte ecananicauy feasible at if tax aecttrity of this Martgagc would
<br />shag Ile apposed to the slum t+ecured by this Mortgage, with the excess, if any, paid
<br />~ • ~ ittstussaae ~000~ to Lender within 30 days from the
<br />m t®ortvrwer. i1 the Pr+ppatY is ainodwsed by Borrower, or if tiorta+rsr fails to tsspatd
<br />dam aalirs is mailed by Iteda to Boenrtser that rite instrrastoe carriv offers to settle a claim far insurance benefits, Leatder
<br />s a~oaiaed to ooaleci and aPl~'S the irts[trasr' pratxecls at Leader's option ddter to restoratwn or repair of tax Property
<br />~ ib the t~ secwed ~ ri~c 7Nmt~c- (tat of raxeds to prtttapal shall not extend
<br />Ihsiesa i.enda sad Sorroarer eKhesviae sgrm in writing, any such apples p
<br />or poaspase dse due dose of the ttxtntltly° iruma}tm<nts referred [a in paragraphs 1 and ?hereof or change the amount of
<br />stack iaSagmrnT:. If rinds paragtadt6 I $ hdsof the Propsrtr h acquired by Leader, all right, tstk and interest of Harrower
<br />is sad m sing i patt...ts ant( in ant( m lox Pf°~s tttetmf tsaultiag from damage to the Property prior to the sale
<br />g siaaH pass m iemdu w the areal ~` the sums scc[rre+d tag tins >iostgagr immediately Prior to such sale or
<br />1Piasaarr~iar ssd A~taa of 1!ea@esty: 1.maeitai~ Coadaat P~ Utz Uevdopaaeale Harrower
<br />~ ~4 ~ per, m ieie'd earl s>sail rtett cxtmmit wars ar psmit impairmcrtt or deterioration of the Property
<br />~ ~ ~ rrafi ~ ~ ~ ~Y ,,~ i# Martgags is oa a leaseitold• If ibis Mortgage is on a unit in a
<br />aoadoto~ium ar a P tells ~ garawsr prt{arm all of Barrowei s obligations under the declazatson
<br />a otawewaad trwalg ar Lrtw'~g ~ enndor*tiaitan or planned utrii dtrcoopntem. tax 6y-laws snd regulations of the
<br />tar pLamad tnMtt fit, sad cesuituwt doctsaxnts. if a cat:domirtium or planned ~itafle~hPridu
<br />tddar is eamme~d try BaQatses attd r^o~aded togealzar with this Mongsge, tar' nua~thts Moe as if the rider
<br />slr@ 6to espoig~ lees arts! sha8 aaead and tagrpkmetx the covsnants and sgredaents
<br />a ~ nts contained in this
<br />?. lbslse~ ~ IJSliesh gam, if Hortotvsr fails to perform the cuvutants and agtnevae
<br />~ g >a! atxim m ~ ~ [which taataiatly a6eces i-znder's [aterest in the Property,
<br />iae111~1i. ~ noR 16mNad ~ dtuaeer ~~, imodvdscY, cede eatonaemetet, to arrangements or proceedings involving a
<br />lraakttapt e< deoedeaa, thxi Larder s Castle's opts, ttpas tmtsee to Borrower. may make such appearances, disburse such
<br />aft ~d rite ~ a~tiae as is nar~Y ut protect Lwder's iatereat, including. but trot limited to, dtsbursement of
<br />tie .$ i~ earl ~, '~ tlra PropatY tat make repatrs_ If Leader required mortgage inswance as a
<br />Woditiaa ~ >~ ~ iesm aeetaed by tam Mortgage, Batrawer shall pay the premiums required to maitstain such
<br />iaamrmoe itt ewes. tail inch time as the tegtrir'erasnt fm such inswuux terminates is accordance with Boraowers and
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