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<br />LJ.rsposnt Cr~^!:t+'rs. Borrowtt and [.ender coveuanx and agree as toilows:
<br />L. Ptymtat vt isrtge~! aitd lacteal. Batrowtt shelf ptomptiy pay when dire the prirtcipak of anal interest on the
<br />iridebledrtcss evidenced by the Nvte, pxpayitxstt and late charges as provide! is the Note, and the prncipal of atsd.interest
<br />an any Fu[ure Advances soured 6y rhls Mortgage
<br />Z Faeda tea lases aed lstQatca Subj~t to applicable law or to a written waiver by finder, Borrower shaA pay
<br />tz Leiscitt on the day matthiy installments of principal and ineerest are payable under the Note, utnil the Note is paid in fait,
<br />a sure [`herein "Funds") egos! to one-twel£ih of the yearly teats and assessmeits which may attain priority over this
<br />~;orgage, and greened rc: u a!~ the: ,Y^^^-.may, if •~y, plt>ti ox_twelf?h of yearly aremstrm irumlltnents fcr hazard insurance,
<br />pCus onrtwttfth of yearly prtmiurrt installments for mortgage itnut'ancr, if any, all as reasonably escftrtated initially and from
<br />time us time by Leoder on the basis of assessments and bilk and reasoaabk estimates tlxrtrof.
<br />The murals sftatl he 6tld in an insfi•utn sn the deptxFts or accatmts of which are itrsnred ur gtretantttd by a Ftderal or
<br />.,rata agcney tindtrding Lender if Ixnder es such an ittstitutian). Lettdtt shalF apply the Funds to pay slid lases, asse$mertts,
<br />,:tsurenca premiums artd grated rents. Lender may not charge (or so holding and applying tiu Funds, analyzing said account,
<br />ar verifying areal compiling said assessatenu arx! twills, unless Lender pays Borrower interest nn the Fttnds avd applicable law
<br />permits Clarke to rnakt attet: a ^hargp. &xrower and [,cadet may agree in writing at the tints of execution of this
<br />Motigao~ t!]at merest un the Funds shall +x peed to Borrower, arm unless strch agreemcat is made or applicable law
<br />!'squires such interest fo be paid, Lender shaft not 6e required to pay Borrower any interest or earoiags on tilt Fut~s. Lcadtt
<br />shalt give to &wrrowtr, without charge, an annual actouming of the Funds slsowing crteiits and debits to the Funds and the
<br />,Purpose for which tech debit to the Funds was made- The Futdw arc pledged as additional stxtxrity for the sums secured
<br />by this Mvngngc.
<br />If the amount of the Fwtefs httd b:~ Lender, tugcttxr with the future monthly insWitments of Funds payable prior to
<br />the dos dates of lanes, atstssments, rrrsncanct premiums and groutui raau, shall eased the amount required to pay said macs,
<br />assessments. ~tuuranct premi-vms need grurrml rent as itarv tali due, such ezcts shall be. at 8urrawer's option, tither
<br />promptly repaid to Burmwer or eredittd to Barrowtr an monthly instaltattnts of Funds. if the amount of the fiends
<br />btld by Lrtrtkr +haix nut tae suiTicient to pay taxis, aascssiaents- :~rsurance prrmiumx and ground rents as they fall due,
<br />Bvrnvwar shall pay to Lender any amount necessary !a make up the d<fiaertty wuhin 36 days from the date notice is mailed
<br />by Cruder xo Botrowtr requtshng payment thereox..
<br />{Ipen pa;attcstt m full of ail sums sceurtd by this Mortgage, Cruder shall promptly refund to Borrower any Funds
<br />bald by Lender. [f under paragraph 1 g ttercuf the Property ~s sold or the Pro}xn}• rs otherwise acqusred by Lender, Lender
<br />sl'i~all apply', nu eater than immei.iately poor u, the sale of the Property or its acquisition by Ltrtder, nay Funds held by
<br />~. C.xndtr at :fee tram of aPplicatiott as a crcdiz against the auras secured by this Ma,-xgage.
<br />~. Applkatloa, # Prtye+eaK L"mess apphcabk law provides otherwise. all payments received by t,.rnder under the
<br />Nose and paragraphs I attd '_ hello! shall he applied by Lender first in payment :rt amounts payable [o Lender by Borrower
<br />under paragraph ~ herrnf, thin tv imtrxsc payable en fht ^:ote, then to for principal of the Nute, :and then to interest and
<br />pnactpal un am~ Future .'tdvarsces.
<br />S. Chiuites; Iires, Batrowar *hsit pay .+li taxes, a;cs..rnTnu anJ ether zharge,, tines :end ~rnposiuons attributable to
<br />the Propcny which m:y attain a paucity over this Mortgage, and tCas.hnid psytnents ur ground rents. if any, in the manmr
<br />pr:,vturd urdcr paragraph 2 Exereot ur. if na paid art su+.'h manner, by Borrower making paymen[, when dot. Directly to the
<br />payee xlttrcaf. Burtowcr shall promptly furnish to !_enJtr alt rtouccs of amounts dot under this paragraph, and in the event
<br />Bcxrnw~xr Sra4 ;stab-n payvtnnt Ju€4d;t, Bzirro+±-cr xhal! oromptly furnish ;:w lxrzrr rc~ripzs rvidtncsrg such gaymenss.
<br />B~v,rowef nhali pcomptty Jtschafgt any leer. which has peeruy' „vrr than ~tartgage: ;.rarukd, that &xrcwwer shall not bt
<br />requited i~, disc-hargr any sus:h liar, x? luny as Burrawrr shaft agree rn vreun}i tv the paynxm nr the ohhganon vrcurtd 6y
<br />arn;h tics far a manner acrepca~te io 3xndtr. or s#raii in gwW faith canttst arch list. hy, ur JtfrnJ enxur-tment vt such lien in,
<br />Icga3 pnwrcrdtrxs which uperatt to prevent the enturrcmrtn ut the :rest .,r furirsturc of the 1'euverty' :•r ,any. part thereof.
<br />5. tLemst {r-e. ttorrvwcr Jtait trap star unprt+~-ernrnis nncvw es:stsng ax nrreatter rf_-cte.e c,n the tRoprrty snsurrd
<br />agauty.t itssr; two fire: ha'sds ttutudcct .a,.;ttrtn rfrt- a••r^: "e.~.!a°suiY ~~ ,~_?=~.. can" an*-t < ,v Mr ;• ?anima ~- - reader a?:zY r=;!tire
<br />and -« ash smeee:tG anu fat ,u.r: pertixls sx 1_rrder c; r, , n. tJrvi, ,h.t t.a.rJtr -na.t n.+..a .... ~.:i.r amount of
<br />~ttsri _ ~ __-__ cxcaaeu !alai __ - - ~ rev-crr~e rcy~e t+ -- -.._ - ~zfed b -. ~ '.£sara~raee. ~
<br />['hc~utsaeatxro :.arncr prvvtdutg !ht itrsur+ens,~ sh tl ewe ;tuxsrn b ~ 9trr wa-r +_unlnct x~ approve! by l-sexier provtdtd.
<br />that sorb approval shall r:v[ sx ;rriravutaai:iy witAltrld Alf Prerntums ,sn n:.wtar.ce ps+trrces .htH tc paid :n :Fie naan+tet'
<br />provided under paragtaph 2 barest ux. sf raw[ pad in Burn manner, tsv Borrower making paytn+ent, whin dot, Jirettly rv tin:
<br />inwrattee cattle.
<br />All msafanre pistil 4C.5 and fellewala thCietwt xftall l!e r14 to(nt a:caplat+ie tU i enact anJ sltali ~n4:udt a xkandafd (nUftgagC
<br />clause in taunt of and en farm acceptabtt to Le!rder. L.rnder <hall have the nght !~* Iwid the lithe tea and renewaty thereof.
<br />,end Bnrruwrc shall promptly ftttnuh to C-ender ai! renewal nots.TS anJ alt rrcrspts of paid prtmiunts. to the event of lass,
<br />8urrvwu sfwii gra-c prompt miter su !hc nuurance carrxr auu i.cncirr i.rnder pray ~nawr i=r++.,i ut fuss iT nu! r„nuz pn;nr F,.f}'
<br />6y Borrowtt.
<br />{lnterr i-ender alai Bvtruwrr utherwr.e agrtt en wrung, insuraurc prrxtects aha1P t+e apPittd to reuurrtinn or rrPair of
<br />the PrcapzrfY damaytd, pn'sv!daJ vus:h rnturitnm ar rrpasr ,s economically leacebk and the security of this Mactgage ~•
<br />crcat xhttetty imparted. if stq;h rnstutatsun or rrpatr is out cconuatcatiy fcasmie nr .t rtxe srau'ny of ths_ Alurtgage would
<br />& smpaerixi, eht msurnoce prus;teJv vha11 be appl led w the wens srcrtrtd h} thu Mortgage. wuh fix excess, if :env. pard
<br />ru Burru+var. U eta Prupntt} rs xlaanduerest by Bixrcrwer, ur si Burrower fasts to nbpand to [.coder wnhtn 30 days tram the
<br />date norm is maJeJ by i,endar tv Burrower that the assurance carrier ot[an to settle a claim foe insuraure benefits, !.ender
<br />is aulftuneed to ci+thw-t and apps} the msurr•xe prvc-ecds at t enuer's :~pd,.in etcher to resinrauon or repair ox xhr Proper[}'
<br />a; to the awns sr:urni by ehts Murtgrgt.
<br />{.+nltss I_erzdet 3mi B~tuwtr !xhc:wrsn agtec u: wnut'eg. any such appiicaiiun a ^>•ovtaKts w ptsrwspai ,hail but ektrrh!
<br />rrc psxzpune the dos dart of the nxuethfy instaBmenU rttcrred to in vnragraphs t anJ 2 hereof or change the amount of
<br />stash instnll:teeots- if under psuagfaph tg htrtsN: the Pmptrty sa aa:quued by L.endcr, all right. alts and ~ntnrrst cwt Borrower
<br />in atsd raw any mwrattee pdicia aznl In and to tttt proceeds tfterenf resninng from Damage [v the Pnwperty peicn ti? the sale
<br />cr ac., i~_: she. paw to L. ~; is tl~ a ors ~.; t~ stets s,-cri~;~.i =+y r:t;~ }.Surtgag~ :n=la:rlrattly prr~: s, ~~h +a,< <.
<br />r:~quisitaert,
<br />f. Pttewes esidprr srsut -taieteisaar.Y ut L'ro~rrtyt Lrivsxhaddst C~u~ PFenrsed L!itH Uevetoprnewts. Etnrrow-er
<br />sisal3 kelp the Prapcrty is gtxad repair and she!! not curtttttat waste ur prrmu smpatrmtnt ur derermranun ut the Property
<br />atut shalt tie_~arply wrrh cite provesauos .?f any least ,f rltis 4turtgitga n oat ;: ieasttss ,v, tf this Mortgage sa c.,n a ,;nit in .:
<br />+;cvrikwtstnauxn c+r a planned amt drvrk'ytnrant. ft.~rrvw'tr steal! pnrturnt uit at Harr.+wrr's ~{igat~cw+s under ire dretarauan
<br />ur sovanaa# scenting ur ~-rvernutg rtfr oandomuuum or pinsurcd arms drveiupment. the by-laws anJ rtguhua,ne of the
<br />~z-arf:etrum ,~ gr~rmcd urci; s.,;°re!vpatmt, mint e~r~mtertt daxumemc }f s cnn~mmium or ptannzd scarf Jacrlopmrar
<br />rzsicr cs exar:atd a} Burrower a;xl rtcnrded togartitr wnh than Mortgage, the cu.nnants slit agrrrments ;,t such r,Jcr
<br />Chad} #w ~nrsxyvcuartJ into aced shell ahxend attJ suppkrrtrm ttra euveuants anJ agrecinen[s of the Mortgage as it the rider
<br />wtrx a part i,ettof.
<br />1'eaketias ~ f.-seder`s Slersteify, it B+•rxcnwec [ado m pcrYOrm the roveaants n!xJ sgrnemnrsts a:ntasaresi !a the
<br />Ldtrttgagt ,ar if airy ,tstitJtt err pr'ss'ardtcrg n ,.:Y.uttrarrtcrd which macena77F atY'eats Ltsxter's nearest in the P~oprrtq.
<br />inrNsd-sng„'ntri nrd krnraxd su, crtucri:nt dxw~ixtt§. srrsrrivaa:y.. rode rnfoaccmtnt, or arrrngcirexnts .,r tartx:rctiings :nvaly rng a
<br />lsmitrupi ref attesxiasrt., iitrxs L.eradtr at 2.aixirar's optivm~ apvn tartest xu t3vrrr+wtr, [nay ~nakc sutlr apprararkn>. Jtsburse <-uch
<br />sxiitta nest xaltt scull ar,ttun as ,s :uxe«.ary to pngea:t [endtr`s :ritc~rrat, +rrcicxJlog. l+ut ax I!mstcJ t„ ,.iiabatxrmrnt ,•t
<br />,,arrswsatie ait?,ti^4Y~+ ixa nerd curry upon flee l'rswperry to enak.n xefi-acre, tt i.srtr.4.r :ry!sitrsl mrtxaµr iavurnn.:e a
<br />_~z<~ .t u r=te k~ ~rr~c fix ~ttss M€n* w,r,, vh~, r. ~.h
<br />sa;sr~ Wit, `ss'et' .,ll .rev r ~ ~ rtest;rrr +tq;::rra. s,ea~rY - ..
<br />ii!w_=mar _ :_L~i ::sf:t =ash ?sat? a_ Ct,t. e~u~~r jot ~t"rh ~.r;=:t;:w rM~ r..._.: t a...~rda::~.. ~k.: , B-c~:-a Rr, . a....,
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