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<br />Uxtrna!a Covexwrs. Borrower and i.ender aivenant and a¢ree ax faflnwc:
<br />1. Payment of YdwripN and Interest. Barrawcr shah promptly pay when due the princtpal of and tntarest nn the
<br />indebtedness evidenced by the Note, prepayment and late charges :r, Srrovkied ut rtt€ Note. and the principal of and interest
<br />nn any Future :\dvanrrs secured by the Mortgage
<br />2. Funds for Toes and Itanrtsnce. Subject to appSs~able law ur to n wriaen waiver b}' t_eader. Borrower shall pay
<br />to i.ender tm the day ntonihip instaiimenis of principal ;md interest ar€ payahfe under the tietc, until the tiote is paid in fuU,
<br />a sum (herein "FuzxS.a'") €Guxl to one•reelfth of the •--:ear3} taxes avd assessments ~.vhieh may attain prinrit}• over this
<br />Mortgage, and ground rents an the l't•aptrty, if any. pins one-twtiSfFh of yearly premntm insta}imonts for hazard insurance.
<br />plusonc-twelfth of yearly premium mstatiments for mortga¢e insurance, if any. all as reasonably €stimar€d initially and from
<br />rime to lime 45' lender an the basis rsf assessments and hills and rcasonai+;e estimates thereof.
<br />'f7tt Ponds staaB be ho-id ea an :nstrttuion the deposits or accounts of which are utstzreef ar guaramteet3 by a Federal ar
<br />stafe 9t,:n:i~ fzrt..llrfirrg Lender if t~ nder :< sua:h an instszut:an i S ender ;hall a}.piy rice Funds to na<~ said saxes, assessments,
<br />msnranee premiums and grtwnd rent. I,rnder ma. not charQC tnr ;o hoidmg anti ;lnpiying tht_ Pund4, analczing said arc:?unt,
<br />or verifying and compiling said assessrrtertx and hills. unless i.tnder pays Borr~wor,mercst en t!tc Funds :arid applicable law
<br />petmtFS lender to make satrh a c#large. Bnrrowrr and Lender may agrer in w°riting :;[ ih€ rinse of execution of this
<br />;Hnrigagt that inierest on the Funds shun n4 paui tat Borrower. and +ntSevs surit afire€ment is made a~?r applirab[t law
<br />requires stn,:hsnterest to he paid, 1 cndrr shall ;tot i+r rer}uirtd to pny Harrower aztt ,ntcrest or €armngs eta the Funds. Lender
<br />shall give to Bnrrawrr, wtti3L)ut char, .sn annttat acruununs5 .~f rise F=undc ait.:w':n>; Fred=is and dehits to the rds and the
<br />puxpaxt €or whu+l eacfl dtf;.•t til rise 1=unda 4.•as :imde. The Funds ars.• pSecaget3 a> a3dmanai serurit?~ far rho sums secured
<br />i~Y fhll 'tfortgagC.
<br />If the amotmt ail :he Funds held '•_ty [.ender. t.?getit+er uit±t :he ;utttrc ma?ntniv :natal}mrnzs of F'r:nds payable prior to
<br />zllc flue darts <?t taxp, assessments, ::tsuraetce prcmautns and grnunti r=_nie. stsaEl exrrri +Sae amount re,}tlrrtd to pan said rues,
<br />assessments, snsurarme pre:rtrrrtr~ and gn.uad clots era thac raft .'.ue, unh c~resA shall nc, az Borrowers .?ption, either
<br />prar[F.ptic• repaid t~ Borrower or ,rr~fited to Barrow€r atn r;tarnt';I~. :nstai9ments a<t Ftmds. if tht .tmewnt of the Funds
<br />paid ia5 I.tntirr shall tsar be sutfi.^tent to pay taxes_ .et~se\smenzs. ,nsuranc€ premnsm± .end yr:?nod rents as the}' CaB due,
<br />Borrtnrer sftail pap to Lendrr and ;utxtant nts-ee>arl :.~ snare up :he :SCtia:,snct xeth:n ?t? asai~s Irem the daze nottre is mailed
<br />isy i...eadtr t,.., Birrrrrsver rtyaltsnng ptttntnr ;horn t
<br />L`px paytnenr to fu3i of a3: soma a:arrrd ~ ~.,., li:,rzgagr• t c:~d.r ,d;al! t'nrnspti?~ tcte:nd =a~ Borrower any Funds
<br />htbd by :.ca>iir. Sf under paral{rnph la hrreux rhv i'ropen~.:-, r:~.t:! .~s :`ti;- 1°r~•co^+ :a aanerKtsc ncGur;rd hp E_ondor- La':.nder
<br />shag anrd}`. n~ t,~rr the?? xat-,x.- - -- '- ';?€ ~~` .. ..... .:. . ... .. ... ` - - -....... ,., . €.,,,~.. - F'us:.is sryka >,,.
<br />isnJrr a~t ttsc ntnr u, ang.i~st~tl s ,< .redo aga.rss ,cr virats w.~,,et... -" ~•ri . 4tc.rtgagr
<br />~. a~}}iieatiw of ParaaefRR :.r~s xpet=:ut+ze law ;tro;sae-s „„a,•NC«• _s 1*avtttants recets~rd bt- i..ender utxier tiro
<br />Note ana paragritpts ; aerL' horec:r~lfiatt ^.; scaf~~d Pw LsrcSez ir;;: oaam€rs . emrirenrs t.ay°shio rte 4-rrldar h}~ Borrower
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<br />prrttcs.pai s?n arr* tsrturc As:t~atxrs.
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