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<br />UNIFORM Covensnis. Borrower and Lender covenant and agree as follows:
<br />t. Payment of Prlat~td and tatereal. Borrower shag promptly pay when due the pnncipal~Qf• and interest on tho-
<br />indebtedness evidenced by the Note, prepaytttent and late charges as provided in the Note, acrd thL •prtncipai of seal interest
<br />on any Futter Advances secured by this Mortgage.
<br />2. Funds [or Tues tired Itaraeee. Subject to applcable law or to a written waiver by Lender, Borrower shall pay
<br />to Lender nn the day monthly installments of principal ar+d interest are payable under the Note, until the Note is paid in full,
<br />a sum (herein "Furtds"f equal to orwtwelfth of the yearly [axes and assesstmts which may attain priority over this
<br />Mortgage, and ground rents on the Property, if any, plus ohe-twelfth of yearly premium ittstalbnents for hazard insurance;
<br />plus one-twelfth of yearly premium ittstallroents for mortgage insurance, if any, ail 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 Funds shaft be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes, assessments.
<br />insurance premiums and ground rents. 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 law
<br />permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this
<br />Mortgage that interest on the Funds shall be paid to Borrower, and unless such agreement h made or applicable law-
<br />requires such interest to be paid, Lender shall not be required to pay Borrower any interest or earoiogs on theFunds.- Ltnder
<br />shall give to Borrower, without charge, an annual accounting of the Funds showing credits-and-debits-w the Funds attd the-
<br />purpose for which each debit to the Funds 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 LenJer, together with the fu[ure monthly installments of Funds payable prior to
<br />the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required-to pay said taxes,
<br />assessments, insurance premiums and gmund rents as they fall due, such exetss shall be, at Bottower's option, either
<br />promptly repaid to Borrower or credited to Borrower on monthly installments of Funds. If the amount of the Futitfa
<br />heM by Lender shat' net t>e sufficseot to pay taxes, assessrrcents, insurance premiums and ground- :enes as tl~y-fact dire,-
<br />Borrower shall pay :o Ixcde: ary amount necessary ru make up the defidency within 3P days from the date notice is mailed
<br />by Lender to Borrower requesting payment thereof.
<br />Upon payment in full of sit sums secured by this Mortgage, i.ender shall promptly refund ro Borrower any Funds
<br />held by Lender. If under paragraph IS hereof the Property rs sold or the Property is otherwise acquired by Lender, Lender
<br />shill apply, no later than immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by
<br />Lender at the Gme of application as a credit against the sums secured by this Mortgage.
<br />3. APplicatioo of Payments. Unless appiicatrte law provides otherwise. alt payments received by Lender under the
<br />Note and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower
<br />under paragraph 2 hereof, then to interest payable nn the Note. then to the principal of the No[e, and then to interest and
<br />principal on any Future Advances.
<br />4. Charges; Liras. Borrower shall pay all rases, assessments :end other charges, fines and rmposiuons attributable to
<br />the Property which may attain a pnoriry over this Mortgage, and leasehold payments or ground rents, if any, in the mantter
<br />provided under paragraph 2 hereof ur, d not pmd rrt such manner by Borrower making payment, whey due. Jtrectly to the
<br />payee thereof. Borrower shall promptly furnish to Lender all nancrs of amounts Jur under this paragraph, and in the event
<br />Borrower shall make payment Jirectiy. Burrower shall promptly turnrsh to Ltndef receipts evidencing such payments.
<br />Borrower shat) promptly discharge any hen uhrch has poorly over thts ~hzngugr; provided, that Borrower shall not 6e
<br />required to discharge any such lien su long as Borrower shall agree rn •.+nung to tht payment of the obligati. n secured by
<br />such hen m a manner acceptable to Lender, ur ,hall in gout fanh contest such hen hy, nr defend enforcemem of such lien in,
<br />legal proceedings which operate to prevcst rhr eniontmen[ tit rhr hen or tnrtertum o[ the Property or any part thereof.
<br />S. Hazard Inwrante. Borrower shall Aeep tht rmprovrments nna csuung o: hereal ter crectetl on the Property insured
<br />against loss by fire, hazards tnctuded w•uhtn tht term "cstendeJ rt•vtr'sgd-, anJ such o[htr hazards as i.ender may reyutrc
<br />and m such amounts and for such penods as Lender may rryurre, pr u,rJeJ, tha[ Lender shall not reyuia that the arnuunt u(
<br />such wserage exceed that amount ai coverage rzya:red to pay .he ::::m set tired by ihra :kiortgage.
<br />The insurance carntr providing the insurarce ,hall be cho+en h} Borrower subject to epproval by t rode r; provtded,
<br />that such approval shah not he unreaxmabiy wuhheiJ, iii prermann nn tnsuratxe poiicres +haii br paid rn the manner
<br />providtd under paragraph ' herto[ or, :£ not part in sorb manner, by B.,rrira-er making paymtnt. whtn dot. Jrrectty to the
<br />insurance carrier.
<br />All insurance ptahetes anJ renra ale therrot shall h m torte aeccprabic to I under .mJ +hail nr.ludr .+ +tandani mun Berge
<br />Clause w tavur of veld rn form au eptable to Lender. I coder ,bait base the nght n: hold ;he potence .urJ renew uh therrot.
<br />and Burrower shah promptly turntsh to Lender all renewal nuu:es .u r.l ail rrcerpte tit patJ preoaum,. In the r,cnt a lu<,.
<br />Borrower ,hall gyve prompt notice to the insurance earner end LenJer. Leneirr rue} maAe pnn,l .d Ives r! n.a made promptly
<br />by Barn:wer.
<br />Unlras I enter and Borrower othe to r,u agree m wrung, in,rrance procerJ, shall hr appireJ w rc,turatiun or repro nl
<br />the Prop,:rty J.unagrJ, prosrJtd verb rrsturauau or rcpau rs ....,nunuc.dly Ic:auhle auJ dm ,event} .,t t.hrs ^.h,rtgagu n
<br />not thereby imps+rai- it such re.+wtauua ur rcpau s not e,onunuc ally tumdtie m rr Chu ueuut} of inn Mortgage wuuW
<br />t+e rmpaueJ, tht insurance pruuetds ,hall be epphud h: the ,tints secured M ihro tf artgage, with the retires, it and, part
<br />to Bonewm' II the Prupern a a'uanJoucJ h, Bun owu..n rt Borrowtr IuJa t., resp+n rJ to i ender wnhut 16 Jaya Iron Chu
<br />Jatr notice r.+ mmlrJ trv Ltnder tr Bonuw rt riiat rho insurance pan ter ,,rtrr, ;, ,tittle .. elami for mvrrauce benefit,, I ruder
<br />is authonztJ [o r„Ileci and apply the ursw sore pnw-rteJs at 1 enter , .~pnen enhur w rwtor,drun or rcpau nt the Pn,ixny
<br />or to the soon sc: cult h} iNs \turlyagc
<br />Un~ra Lender and Borrower otherw nt agree m wrung, ao, ,tier apphcauem .=t pnrseud+ t„ puncrp;J ,hall not extruJ
<br />or paslpcx~ the Jere Jate c.t the munthlt utstallmtn[s rcterreJ to :r, partgriph, tint hcrcot of ,barge the anieuet ,,.
<br />stw:h mstalinirots. It wiJtu paragraph IS lttrtut the Property ,+ a+yuurJ he Le~der..r.i right, title and interest „t Bnrrowct
<br />m arW t,r urn unurance pd tats tint tit tint a+ Chu prsxttda theta+t usuhing innn Jamagr to Chu fRaprm pool io rhr sale
<br />or acyuiaiuoo shad paa+ io Lerwter to the eatcru .rt the coma .,c~-yn~i hs th,s Af,+rlgaga rr,+urCJmlelq pr lot r+: verb +,de o[
<br />acyu..nw:rr.
<br />6. Pftaarv titian and ifatntriutmr of Prrrprny; l.raarhulds: z ondcnnmiunxs; i'iantrsd [nit IsrvkH+pxn~ui., [torn„, er
<br />shah Aeep Chu Proptrty m gosid rcpau tint xhall nut commit satire ,+€ i+rrmu r:nparrmrul +a Jcterrurauuu ni the Prolxn}
<br />sill shall comply aridt the proris,ans c,f a»y leant tt rhr+ titongagc .+ athald_ II rh„ Ai.,r tgag.• r, e,u - ,uwt w .,
<br />,unthimuuuw r, ., pianntd amt Jteulupmuui. Bon owur ,Hari prri:,rm ,.~II of ~tlrn rower , ,.birgart.,n, uudcr me ded.v aunu
<br />of . vtoanre cireaung or govttmng the condommnun .n planncJ rent dcve^t.,ptneut, +he M.{aw, .o+J rcg, d.dunr. ,rl the
<br />c,:ri~rrnnuum ,x plantteJ unit Jevek>pmuut, and ,.wa,iruwnt deer wucnr+ li a _.nrduuuuwm tie planueJ curt Jn,~lr:pwem
<br />nrkr ., cxeuutrJ h} Burrower tint trcorJrJ nrgrrtrct wdh inn Afongage •h. ... ., +,.nt, .urJ agrrrnu•nt, , , , ich nJrr
<br />shall W itra:nrptuateJ into tint shall amend soil supplement Chu c:,s ni,mu .end egicemunt+ of rhr, M.,rtgagr ,n ~r~thr ndm
<br />were a part bertof.
<br />7. Protectbn of l.ender'a tiecarNy. It Borrower tar L~ u+ Ixrnxm dit arvtnanr.+ nna agt ctmrnu c,•niaureJ m rhr,
<br />Mortgrgt, ur it any :u'tum ur prcweechng as ,grrurw uG¢J whrsh motel tail} atluc is I rn.irr , ,ntur •ri ur rhr Prol><•r;.
<br />mdudurg, but out irmrted h,, ununCUl domain. rn,c>Ivtrtu}.:cµ{t culoe~clnenL . r ,a raugmncrrt, „r pi,r.reJmp, :. ,oivrng .r
<br />hanhru~ tie ikxaderu, then I tnsler ri l.enelex', uptw+a. ulaan n.>uct i„ Borrower, , _ _,ulc su.h .rplreaeaurc..,,.harx , rah
<br />surixi =nil take o-ta:h a::tWn as to nt,.,:s.+ary m pr ye+.t l.tn~r-, .nterru, I::Jmg. ... .,.,t :;m:tzJ t„ ,l.,hu:~c:uu:t -
<br />r@d4(#:$hIC ..tiOrn£}'' tY'CS aril CRlrY Stpr~il lflt f Rptii} [Rd}:l: 'Spa'r`., ,, i <;rJC! 'C.trt .. .t__ l:X3gs ~.r,_-snit' -.
<br />cwiahtron :+( nia)ung ttaC IUAn sw:ureJ by thts Murtgage"Burr.rwrt +hah pas r.e premiums •rryt+u<.i t, rnarnta,r~ „+..
<br />Insutansc m rttoct emu! sech unm av tht roywretmiot fui arrih m>marur leer orates m asioidausc wnii~Bor r„wrr. .,,,.1
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