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<br />79..e Ot}6`7fs2
<br />Ut.-iroaar Covpnrntv'rs, Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal sad Interest. Borrower shall promptly pay when due the principal of and interest or the
<br />indebtedness evidenced by the Nate, prepayment and lste charges as provided in the Note, and taco principal of and interest
<br />on any Future Advances secured by this Morigage.
<br />2. Ftaads far Tun aed I~~enreoe. Subject [o applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lstidtr on the day monthly installments of principal and interest are payable under the Note, until the Note is paid in full,
<br />a sum (Rrrein "Fonds") equal roone-Ewelfith 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 yearly premium installments for hazard insurance,
<br />plus t>ax-twelfth of yearly premium installments for mortgage insurance, ii any, atl as reasonably estimated initially and from
<br />time to time by Ltndrr on the basis of assessments and bills and reasonable estimates thereof.
<br />The Ft=„ds ~rl b*_ ht1,3 in a^, ins:ituticn rlte dep`sis or accounts of which are insured as gusranttetl by a Faderal or
<br />>~ait agency (including Cruder if Lender is such an institution). Lender shag apply the Funds to pay said saxes, assessments,
<br />insurance pat:miuins sod ground rants. Leader may not charge tar sa holding and applying the Funds, analyzing said ascaunt,
<br />of vtrifyng and compiling said assrssnrentc and bills, unless Lender pats Borrower interest on the Funds and applicable law
<br />psttzits Lender t:, make such a :,li3rgt. Barrower and Lender ma}~ ague in w[iking at the lime of tx~;ution of this
<br />bfartgat4e that interest an the Funds shall be paid to Barrower, and unless such agrrrment i$ made or applicable lsw
<br />ttquirts such interest to he paid, Lender shall not M required to pay Borrower any interest ar earnings on she Futxic. Lender
<br />shall give to Bormwtx, without charge, an annual acoounting of the Funds s-hawing credits and debits to iF.e Funds and the
<br />ptsrpast for which rash debit to t-hr Funds was made. the Funds are pledged as additinnai se;.uriq• far the sums secured
<br />by this b4ortgage.
<br />if the amount of the Funds held by Lender, iogcther with the future monthly- installments of Funds pae~ablc prior to
<br />the due dates of teats, assessrntnu, itssurnce premiums and graund rears, sRai! exceed the amoun± required to pay said taxes,
<br />assessments, ensurao.-e pretniun~s and graund rents as the} faSl due. such excess shall be. at Borrower's option, either
<br />pivmpth' repaid to Barroxnr or credesed to Bvrvwer on monthly tnsraliments of Funds. If the amount of the Funds
<br />hold bi' Leader shall Hai ine stifiieitnt to pay races, azstssrrents. irsurattce ptzmiums and grrnmd Hots as they fsll due,
<br />B3.:Owl sRaLt pay to Ltxer any aa:ouat necessary to make up the de;irency within 3B tin}s from the date natiz is mailed
<br />by I-fader to ~Tmx'rr trquestirig payrriz`nt therr.~f.
<br />I'ptm pa}'mem an furl of ail sums secured by tRrs 'iiongage. Lender shall promptly tYfund to Barrower soy Funds
<br />Ir:ld 4y I»ndtr. If under paragrapR ]S hrrcof the Property os cold or the Pnpeny a otherwise acquired by Lender. Ltndrr
<br />slfai: agplp, tie later tae=n itvmediattiy prior to the she .~; the Pra;+erty or its ayuisition by Lender, an} Funds held by
<br />Leader:t Erse t~tr of applir~tian as a credit against the sum, secured by this \iortgagr.
<br />3. App4atinn of Pa}tatsets L'nirss appltcable law pn+ides otherwise, all payments receis'ed b}' Lender under ',he
<br />Naar and paragraphs 1 and ? herta# s.4a11 bt spphtd by 1_ender first m ptt}-meat of amounts payable to Lender by Borrower
<br />tfndtr paragraph ~ hceaf, thee. to er.*.rrat payable on the Natr, then to the princtpal of the iyate, and then io intrrest and
<br />prtncepa2 ar any Fu~are .~dv'en~-
<br />L ClYvgn L&~. Born>wtr shall pay all taxes, assessments and other charges. fitxts and ;mposiuons attnbutahlt io
<br />tlfe Praprat}' w-IVSh may attain a priority ever this htartgage, and ieaseho}d pa}metu or ground rents, if any, in the mantxr
<br />arm>~3 uncle: paragraph ? hertof ar. ;f oat paid in such manner, b} &irrowzr making payment, when drx. directly to the
<br />pa}at therea~!. R~~nwrtr sbau pr~gtiy furnish to i~ntlrr all nargs of amounts due under ibis paragraph, slid in the event
<br />Batroxer sf~„a11 make payment 3ire.:tl}, Borrower shall promptly famish to Lender rr.~ripis rvidrrcing such payments.
<br />BerxawKr sbsll praesprly disc}rargt any lice. 'whi~}i haz prY~r:t_ ov-er this Martgagr; pnzv,ded, that & rrewtr shall r: it ht
<br />tequi-ai to discharge nay sudt lien so fang ;s borsawer shall agree in wsittng ro the payment ai the obligation secured by
<br />sr~ lira ins •^:r,,,rr a: erptab3z to I.en~r. er shall in ~xrj faith contest such lien by, or defend enf.~+r:ement of su.h lien in,
<br />legal prtt-rcgtitsgs which apera:r to prtveni t++~ rniorrement ei the lien or farfetiure of the Property or any' pan iherraf.
<br />S. IEa~aaa'd i Batrawrr shall keep ihr impravemenrs sox existing or lxrraftrr rrr7ed w~ the Property ensured
<br />agsarrsi lass by $[s. harauds irx..luded w-tthra ihr term "rstendrd caversgr", ~zd such other hazards as Lender ma} royunr
<br />send in suds amaun.s and fee such ptriads as Ltndrr may regain; pn sided. that Lender shall n.+i rr:~u:rr that the amoun i+f
<br />s:a~t ca:~rsage rx^tzd shai amount of ca.~trage re:~µtred to pay the sums srru;rd by- thss 'itargage.
<br />The .nsuraace cart*-r }raw~n8 the insurance shall be .hi~srn by~ Burroxet subjeei ro approval by Ltndrr, provided.
<br />slice aFgsraval ~tfall rent 6r rm*>•~s;„,a?+ly wz:+;held. .~Lt prrmiutns on insurance paliata :ball l+r paid to the mantitr
<br />pt'a'<•rtierl under paragraph '_ bereaf or. tf oat paid in such manor, b} Barrower making pa}axnt, wltrn d:sr, dirtctiy to the
<br />irrsuraoae carreer.
<br />!~ ~+"~="r p ate rtue-a-ats itiereof sha13 to ir. =arm actrptabtr to Ltndrr and shai( includz a standard mortgage
<br />3tuix is favar of and is form acxptablt to Lrrsder. Lander shall have the right m Rald the paiicirs and rs•nrwals theroaf.
<br />a.,a ~r*ax f. t~xrl ra-_ap:.is' f_..~s, .r r ~r a?1 rr,R...., - ti.~; a , i tzr~ipts of pal pr~;riiumn. -. -. of I
<br />$cnoxvtr shau give F*nsmi~ ntatice to iiu insurance :.srrerrAsnd Lcnitier.~Ltnder ma} make pmai of lass it,nai~made3prompily
<br />ba- Barraar~-
<br />Uaiac Lexider and ~737awYr arhtru•isr agrcx in wasting, insuraua~ pr+?creds shall br spplicd to restoration of repair of
<br />the Praptsr, dateiagrd, pras^i3dl szt:.h ttxioratioa ar trpa:r s tcanim»ctlly frasii+le and rhr srcurin' of this Mettgage u
<br />t~ :hereby itapau•~, If sirc.R rrstorattian ar tepa;r is urn r.cs.=u?mi.ally frasst+lz or t[ the se.uruy~ of this hi.ngagr u~.u7d
<br />he itm}+airad.. tike m~+rgV-=_ prn~vds shale tr applied to ttie sutss stcturd hs this tiortgagr, wait the rues, if any, paid
<br />to Barroaer. L the Pt•aperty is abandantsi t+} $orraxrr, or st Botrewrr tads t., rrs~nd to I.endrr within 3U days trout the
<br />,iatt moi~cm n tuaaksl Ise I.~adrs so &vrawar Ynat the tnsura~:t car;7e= utTzts i.~ sc*.tie a claim fee insurance bentfrts, Lender
<br />is a^.stifMtztd to .,aBtet and spp:'}° tLt insurance r^-'S at f-rower s .*ptton citlizr to rrstorauan ar repair of the Prapetty
<br />tx to ilfr siaas st,,z=.tnd by shin ?Zdartgttge.
<br />L?-'-~° Ltat~ aed Barr~.rrr otRe ~:xt agr~ to wr,t:ng, anti sash applicaii.~n of proceeds to pnncipae sha13 Hoc extend
<br />t~ p.'titpone rlfe due date of tlft montisiy iauaitcsrnts refereed to in par graphs I and 'hereof or :Range the amount of
<br />sorb rasxalenxuis. ii ands paragraph Ea hertaf the Pris-ptm is acyutred by Leader, :ail right, title and iotesest of Barrower
<br />in and w tai}' itsur'aae policiex and in and to the pra.-xrds :hereof rtsuiting fnm damage to the Proprny prior to the sale
<br />ar turn shall pass to L.tader to the t>.trat of the sutns secured by thts \Sangage immediatei}' print t., such sale cr
<br />6- Psttaen•~fsa tend hltt~ramre ~' Pra{rtrty: Lettarl Candamit:istas: Plaaaed ti~tut Dtvelapmeats. Borrower
<br />itliall keep [air Praptrxy ffi it'd repair and shaS1 ~at.~~*tnntit waste ar ptrinit intpairiaxat ar drtrtiarstian ai the Praatny
<br />fed shall cxNapIy x'iih life prasisians of any lease tf rF.srs Mortgage is on a leasehold. If ibis '.sivrtcage is an s amt in a
<br />c>rium ar a plaaaed emu ~vetoptritnt, Sarr3wrr shall pttfvrm sti of Borrower's ubltgauans under the dct-tarauon
<br />ar cosresants ~caiiag of soeeanuig tlfe rcmG-mtnium or planned unit deve{,~sment, the by-law; and rrgulstions of tRe
<br />Pisan or plarmd ueu sievelopratnt, slid ccros:tinitnt dacumr-tts. if a canik~minium or planned amt develapmtnt
<br />ridta a tsecuuxi in Btsrmt:tt atsd rtrardtd iagtither with this Mortgage, t_he xvenants and agrermrnts of such rider
<br />tfitati be imanrpara~d inla and xhall amtnd and suppeemem the covenants and agreements of this Mortgage as tf the rider
<br />wma a part .
<br />7. PseaetNas d IesierY If Barzav.er fails to perform the covenants and agrtemen*s contained in this
<br />I¢arEgag, re i_r asy aclitm ar pt»oteding is cammenxci whi;.h maiertaliy affects L+;ndr2's intrrest in the Propeny,
<br />,~,', ` rear titaY~eL ta, ta:iatait dttsaain, ias€itxtrcy, Cade enfar.Ymenr, or arrangements or proceedings invoh'ing a
<br />haalcl^npt>.tr dxtdaft, tttea Leads at Lt~det's option, upan native so Barrowes, may mane sucb appearances, dssburse such
<br />sr~ assd take ~ artiatf as is >~ssary to protect Lender's interest, including, but oat limited ta, disbursement s,f
<br />gable aitamey's fees and tarry upw the Praperty to make repairs. 9f I.ettder required mortgage insurance as a
<br />caaditioa of taakffig the loan txcurtd by then Mortgage, Borrower shall pay the premiums required to maintain such
<br />imtaa•aaxx a eLaz tesnl such time as the requertaiient far sucb insurannce trrminales in accordance with Borrower's and
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