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<br />Utirw,>art C~os•exsvis Aorrower and tender rovrnant anct agree as tollows~ ,
<br />i. Payment of Prinripai and Interest. kitrrnwer ,hall pn,mptlY pay when due the principal of and ,nterest ea Lhe
<br />mdrhtrdnesc evidenced by the '4ate, prepayment and late charges .:s prov!ded to the Nnte, .+nd the pnm-,pai of and interest
<br />on anw Furors' Advam~es secured by thtc iYfcrtgage.
<br />1. Fonds for Toes and lasatrace. 3ubjert :o apph.abie law or to a written waiver by i_ender, Barro.ver shall pay
<br />to lroder on the duq monthly tnstaiimems of pnnctpai :,rid ,nterec; are payable under the tvote, untsi the Note is paid in full.
<br />a sum fhrrr3a "Funds`) equal to „ne-twelfth :af the seariy tales and assesments which may attain priority os•rr this
<br />Mortgage' and ground rrttts nn the Propert}', if an~•. phsx toe-twalfih of year{y premium installments for ha7srd insurance,
<br />pies orn: to-eittA of }early premium installments far mnrt¢agr insurance, =f any, alt as reasonably estimated initiafly and ~fram
<br />time to time by Lender on the 6asa of nssessmrna and hills artd reat~'?nabic estimates thrr~k>f.
<br />Tito FtmQs ;hall he held !n ar. rust:tuttt~in tftr de~->sits ns ,Fa~cttnzs ..i which :,re insured or ;ua:anteed b}• a Fedrrat or
<br />state agency i irctuding Lender sf t-ender ,s ,o.h ;:n tna,tutri>n !. 1 ender ,ha!! apply tttr Fords to pay said taxes, assessments,
<br />:nsuranca premiums and ground rents. }.erdrr ntar. ant ;barge znr sn holding and apptytne the funds, analyzing said account,
<br />ar verifying and cs>tnpidiog said assit~meots ;rod b8ir, unless i_endrr pa}'S Aorrower [ntercst nn the Fonds and applicable taw
<br />peransts lxttder to rtakr such a charge Anrrow•r~r and Lender Wray agree to writing ur the time of execution of ibis
<br />Mortgage that Interest ort the Funds shalt he pasd 'o Anrr.~a"er, anr! unless su.-h agrc~:ment is made t;r anplicable law'
<br />rc-e{uires such it:temst tt t>e t+ard, 3-ender thaFl n.+: fx• rccwnd !o p;: t~ Rnrrr,wcr an}~ tn;erest ar earnings on the . „oils' Lender
<br />shelf give to &ar;r~^er w~,ihout charge. an dmtaa3 acmunrrn_~ „f r'*.e f'unris shtw,ng credits and dehirs to the Funds and the
<br />purpase f<>r which each de!»t to rite [ rinds was made the l node ;:re pledged ;:s adshttonai security fx:r ?he sums secured
<br />hr E?tis Mortgage
<br />if the amaunr of the Funds held by i,.ender. trtc;ether u-!th :ne tuturc mctnthi} installments of Fnads payable prior to
<br />tine due .fates of taxp, assessmeat_s, Insurance prrmtums ;and stre~uad rents, shah e><c;;rd the amount required to pay said Yaxes,
<br />astrsaments. onsurance premiums and gronrnd r,;nts as t:`sc)' tai! due, su.6 za:ews shalt iti. nt Aorrower> option, either
<br />{Srotnptly repaid to Born>u~er er ccedsted to Aorrower .,,, ,,;mutyiy ssetallmrnts of Fund;. if the amount of the Funds
<br />held by Lender shaft not L>P ssui:cient to ga• taxes. > ~sessntent<, :osursnie pttmrums and ground tents as the}~ fal! r1ue.
<br />Aorrower shaII t at to lxndrr an} amnvnt rxressart t. ~-,ai,r up the defic;enrv ntthin ?0 titt}s from the datx• natice is mailed
<br />by Leader to Aorrower requesting ,ra}moot tberect
<br />l: pea pa}°mcnt :n fu?l c-i alt suers sc:.arcd t+: ;pr, tii.zr+.uace. 3 ~nd>.•r ,hail nr;ampit}- retttnd to tierrowrr any Funds
<br />held cy lxnder. if .Ender paragraph i herect ...~ Yr~}=rt4 < __. .-.... Tr ... ,, ,;;he..,•_ - - -
<br />• ~ . - . , _ ,,, ., ,u~ ;, q - hq ! ens , [,en#e;
<br />shat! apply. ;o Jerre than tmtttrdiar!? peter in ttze ,ale ,=t she f rcpr.ti} c.r r ucquesnlon by l,cnu- r asap 6uods held by
<br />i.radrr at ;he ume of apphcaiian ss a ~rr:ist aga;nsr ;he sums ,ecFUrd h, €h„ 1t~rtgagc.
<br />3. ,~/~iicatioa of Pay®eatt, 1'nsees appitcahie taw peen-des +ah~^rutvc. ai3 payments recened by i_nnder under the
<br />\r,Er sr+Fi paragraphs i and ~' heresx ,dtali i+c appired bt~ i ender f.r.s :, j~atment „t ;im.ntnts isa}:tbir tas Lender t+c Aorrower
<br />under paragraph . herent, loon to tr:utrxt axabtr- .,r, the \,,;e- ~7_-.:,, the pnncapai , ,the tilt,°°..n<i tJnen ta+ tmrresz and
<br />prI:TLFpi am iL`k Fut;;a'r ,~d='Hni:rS-
<br />a. EZ~;l3eas. &?<rouet -h,ri:ras .,li °.. .-. ..,..rs,;nznt..::,d ,~ti+.r :•^.arges tine, :n:i ,;n t~:,vt,.,ns :tunf5tttah;c ta,
<br />:he Yroprriy v-,-inch may st*atn ;r pronty ,,,~r: r ., yi ~~re~;;};e..,rd :_._ ,k<.i r~~;.3ments „ rt+xtnd re,tts..f am•. to ?he manna
<br />provrded :~>}drr paragraph ? 'xerrra t. - F~;nt ; a,.t ~ ~ ,ta ~ ..s. . , Aa,r r:>sµee :naia;ar; t~~rs-men:. ~,, her. tine-. aiFn`•ctlt' to the
<br />p.:yee ;.i'senkroi. Acirvwrr .has pr~attx tai ns;.n to i_crarr a;? ~-... ". ,ri ,,ma,e:ru .:ae uo;icr th;; pars~rnph. a:xd m the event
<br />&c rrt,wer ~h5;i ^taYe y-at,•men! 3:rezu.. ~Hi:rr:,=tee: ~,nstt pra;rzhFi.. :e: rn:,h a., f c~dc; s.- _a:;_srrsr:ng .uch pat':nrst25.
<br />ter. .-
<br />Actmue= ~~ali ~re_m_prl, ws%c.hary, t v ;.sm _,,sb "::~. , aa? .- :h„ 'si ,teg,ree. , -Fi. ;h,:i H.,ir„v,~,.. ..tai? tK,t hr
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<br />ssr~h Tarn .n z manner s cr. table ! i_ctrder.. .a,< s:.rat :,,:,n , ,+t, ,. ..,,.- ~,..,. sr....,! .r ,, ,..cns..?t : t ..,h lien an,
<br />itgai pr.~::rcd;regs .viurh •vpcrxsr t<<rc,srt ?hr _c,t._r: ensetrs: ~~:c •7~ ~.:c,r .. t:rre~t::sr ~.,, =?;r d'r:,nett+ ,, ..nt pxr[ theret2.
<br />r. >laaard i~tnm.•_ Aotro a r,,` +•<erp t . ~ s rt .. „ ~a„ ;. Rvs nn rave Tea
<br />s
<br />- ~ ;. -pest} insured
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<br />"i~t!e :rs$2,s$ ar +Hrr Ct -F£ .,j ~ .C x4 Y - ~--a e .r l h f£ C~ 'ttC v ~1 , iC i. <r(ied.
<br />thas such appr va! +ha}i e ., Le -_,' s ~~c;,„ t -. e s ~ : -c -la-{ p i :t. r,tannet
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<br />' ~ -gages 23a ,c - ..,. - ..,. .. ..
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