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$~ ~i• ~i ~ 813
<br />L+nrFO~st Cornz::++ss. Borrower aad lender cu.enans acrd agree as fntinnws~
<br />I. Fayn'ieat of Ptittei~at clad Setterest. Bnrtawrr shall p.*ompt3p• pay •~~hen due the principal of and mteres[ on the
<br />indektedrrcas evidenerd by the :i7ote, prepayment aad late char-des a+ orev;dc:i ;n the Votr. and the prmc-ipat eE anal :merest
<br />on any Future Hdvaaces secured by ?his ri!ortgage.
<br />2. Fattris for Taws aad igivmsnce, Subjec? zo applicable Iaw nr to a ~a ritten waiver by Lender. Bnrrosver sF.at) pav
<br />to Lender on the day monthly ittstatimenEs, of principal : rd intrrrs: arr aayabts under rhr tiote, until the tiote +, paid rn Euil.
<br />a stmt (herein "Fends' j egtta9 to nae•fwelf:lt of the yeatF} raze; and assessments which may aetaln pnority over this
<br />A4csrtgagr, and graund rents en ttu Property. if any, phis on~rw•rtfth of yearly premrean mxtaliments for hazard marrance.
<br />pluso?se-tweif£h of yearly preatium instaltrnents fors t»-mgaga insurance. if any, all ac trasnnahiy estimated irtitiatty and from
<br />tithe to time h}';.,ender on the htsis of assessments and hilts and reasonable estimates thereof
<br />The Furais sha;C ba Iuld in an instsiutton the deport is nr accounts f which are insured nr Kua ranteed by a Federal or
<br />state agsmey firctuding Lender if bender +> .uch an insutwian i. t cn<!er shall apph~ the F=ands in nay card ia,tes. ascessmeats.
<br />irttt+rXrlce premitmts curd ground :cots. [_ettder may ra+t chatgr 7nr so haidmc and applying [t;e Fund.. anstytmg card account,
<br />or verifying attd compiling said assessments aad hitCs, unless Lrndcr pa}; Bnrmwer interest on the Funds and applicable law
<br />permits Lender to males such a charge Bnrcnver and Fznder stay a¢rre m wnhng at fhe ume of execution of this
<br />Afuttgage that intrr,~t nn ;hc Funds .,hall to yard ic€ 6.+rrnwer. and unie,s such a¢recmcat :, made <~r applicable law
<br />requitros such inicrest to be yard, Ixnder shall not t>c recurred to pay Borrows: any !n[erest or earnines nn the Funds. Lender
<br />sFsaii gi:e fo &: rrnwer, without cftatge, an annual accounting :=t rhr Fund: chow:nM1 credits and debits to the Funds and the
<br />putpase lot whit each detret to iht Funds w:rs made. trte Fund. are pledged a+ addltiuna! secant}' for the sums secured
<br />by t3tes :Murtge~.
<br />!f its amotant of Lhe Funds held t?y !,ender. tngethsr t+•ith rhr ?uturr montt+l :' :nstaliments of Fund na}•ab?e prior us
<br />the due dates ed tazea, a_asrasmenrs, iriguranec premiums ar;d {ire=and rents, chat! ezcecd the amount reynrcd m pas Bald taxes,
<br />assr#sinen2s, inzuranez pataniums and gm~lnd rents as ttircy tall duo. ouch excess shall be. at Bnrrawer'c optrnn. e«her
<br />prompt!}• rapaid Sa Butruwcr arr ctedrted to B+,rreswer .:n mcsrrth!} instai{mems of Funds. If the amount of the Funds
<br />;ti;u a'7 I.,cu~r sir;ylt rrai tee ~.m•,- r^.t to pa} rases. assessments. mauraa::: prrmn:mc and ground renu', as they ial; due.
<br />B4irrowcr shaft pay tc, t_cpder any amount ne<r~~sar+ ii: m.:ke~ np r4e :tcfl~:rnc^r urethan (I ilae~., ?rash ,lie date nntlce :s mailed
<br />Lair 'L.ctsder to Botrnwe~r rryuut~ung~ payment rherz;,t
<br />I1pcw paypseot :a feE7 set aIt sums sec:urea9 b: rhre. 4lnnffagc- t cndav nbaii pram pti~r refund to Burrawer any Funds
<br />Ite3d ht' Lender. If uts~r paragraph tiN' herrtrf tpe PrcttMem.:, cold ,,r rhr l're:t,e°r?y i, r+thr^rh'!sz aeyurred by Lender. t_earter
<br />sltaS3 apply, no 1aier than itnntatiasrt± pn+u r.~ the lair -:,P the F'rapcr, s- nr ats ;ic:€;u+s:tsn» tzr tender. ant Flmds hcpd by
<br />Lrnutet au 3Ste irrr~tr of appCi€atv:Kt mrc a ~l;xdit against the .arms secured by than 'Mf,teagagc~.
<br />~:. ApipS¢calF~ oS Pay'mtxtatn, t: n;€ss ap;.trtattJc ia,a- p .: •=: t;a^rwr.e.:ali gsnvanents reterued by l.endre uadcr the
<br />Ai I,rOlY arn3 lraragratNhs G mad' het~^~a,d eh~,ait `•~ ;:ppteed I>r i ende~u'~f nt ,€ .::mr=ai u+1 slmr+i.niis g+ayabte to Lender by Burrow,~;r
<br />snider tmttagi#y~ ? hetmt„ then ?;a retcr rs; ; _-;ah;e :,r> :'h, ": otr :hrn rt.~rhe to mcrpai ai +tre ~otr..tnd thin to interest and
<br />prtttcipgi as any Future Adv coos:.
<br />4. C•Ftargex; !~, B=_*rrcu rr sha1, t+ag a!f .. +e, .-.r.:rs~sr.-rats .,mf .,ther : i,:arEC.. tine+ .nni rnpo.n:~,nc ennbrr,ahle to
<br />rise F?upstty which mgv atzaen a nrrarrry .'.ver :hl, iyI~.nga;yc. and Irx.<n.,l.1 {!xy ntcats ,~ nrnd rznt+ +t .,nt. !n the manner
<br />provt.4_~•ci r,a~~r paragraph : ;a:tccH .,r.:f :{h` paid :n tus;i ~rl.n=s:cr h, Borr,.!wer m:eirrnt^ pat ment. .. hen dnr. ,n rectiv t++ the
<br />payee fherertf, Bctrvwer t~~ha{i ;-romRiiy fvrntsh !.e tcrxier ail n,+t!,.:, :':r nmtvu?s 3uc .:odor this paragraph. end m the es-em
<br />Fl. rot=wtr --ti.Fii n*.a$.e I-- r;:r:ne .,.. tin _:.~f1 ; r,.mpq+ 'urr.rN: ; , t :.,.Jer r.aetn++ , udrn::ng ,nah pas rnrnh
<br />69rzrowr3 s31a[i jitnmpFty r;t*ee barge .ray hen ~.. n:;,n s:, ,:mu,rtts' -, -: :lne lharigttCC- eta=; ~dc u- .,, iiaren-w v: -,au :r.,t I,,
<br />t'toutrr~ to :it~:.hs_r€s y ~~n ;x.- - rt- -_. _ - .., . , •. ,.. ,mil
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<br />itt tl0 !hG 3q€t}.+ rte tercal #*Y~ I:I',I'~ta .*~ioilttajie
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