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<br />L*•traat~ Covettarrra. Hortrrwxr sad L.mtder covenant std a~ta ~ fWlorvs: <br />i. M'tnass a[ FrWei}a1 aai faessaa. Borrower shall t#~P4tY PaY wFtett due ttte principal d and inmrsat on the <br />iHd tbtedricse evfdensed hY the Note, prtpagmeat astd use charges as peovided in the Note, amt ttte principal of sad iogtESt <br />rn say fhatrre Adrttaccs tcetvaf hY ttrg Mortgage. <br />3 Ftraiis far "[Casa serf fasasea. St4bjai is sppiitabie law or to s xvtittett Wainer hY Leirdef, Borrower shall pay <br />to Lender rm the day monthly imttdtmrnh at prisegrat sad itnetest arc WYSak trader the Nixe, remit the Note is paid in frill, <br />a farm tlrotetn "Fuab`~ etFtisl to mio-taeffltt a# the yaarfy rues sad apeptoenb which tray attain priority ovtt then <br />Mottgwge, and ground tens as the Property, if my, pttu asno-iaefftir of ywly prmtiimr imtatltaatts for itsrard irsemaace. <br />phn om-twatfth of cgeiy premium irntaUatenta for fetoetgfga insrranee. if arty, sU as reasonably tsgssated iaitiatty sad from <br />tsars io tmcte trY Leader ua the horses d aaewmem and bills and r'eaaatabk eatimsaes thaeot. <br />The Ftttrda shall fx held is ere itatitrnion the depoisu m aomnata a[ which are insured or guaranteed tsy a Pelletal or <br />mate agenR { including l.rasder if tender is such an ititteatteoa ). (.ender shaft apply tree Ftrtsb to pay said tttxw, asawmarta, <br />etsatuar4ee pmmiams aad ground realer. [,alder map sat cRtsrge fa w hokting and apptyiag flee Fttob. analysing said account, <br />or vertfyitrg sad sanpfing said auessawsm sad bif6, unkas Lesttlm' pagc Bnrmwrer imetat on the Fetab and applicable Isw <br />permrts Lender to malts such a charge. Borrower and Iander istay agree in wrifeng at the tuna of execsrteou of this <br />Mortgage thu inrernt oa the Prefab shall be paid to Borrower. sad uidess tuch agrewttcat is made or applicable law <br />requires sock ittarert to be paid, Linder shall nrn rte regstived to pay Borrower any iaterast err earnings on the Ftttrb. tender <br />shall gix to Borrower. without rbarge, an annul araxrtmirsg of the Funb xlwwing credits std debiu to the Funds and the <br />p~pme Ior which each debit so the Fuitb was made. The Funds are pledged as additional security for the soma aensred <br />try tha Mer[pgc. <br />if the amarrnt of zha Riisn~t Raid by letsder. togaxha with the hours isanthty mstaUreems of Fuitb payabk prim to <br />the dos ifuea of taxes, nsaeasnieaa, ttisarance psemetsem eta! ground rents. shall ettcud the amount required to pay said ta.aa, <br />aaaeataents. imurra:rre ptetaiums and ground rants as they fall dos, .sash excess shall be, at Borrower's option, either <br />proiptly repaed to 8ornasaer or creditsxi to &rrtxtrrar oa nttatthly inatailmenta of Ftmb. Ff the aritount of [he Ftatds <br />held frY S:cndzr shall not be ntdBclmt to pay taxes, essaa+trmera, insurarta prarrmms and ground rents as they fall dtx, <br />Bormtner shall pay an Lender any arrtswm necessary to make up t~ ristkmnsy within 30 days from the datz notice ea maikd <br />RY feadar m Bore~ower rcaptastang payrarnt thereof. <br />li~ftitm paymaa rn full of all crams uauted by tRrc Rtangaga. f,.radsr shall promptly refund to Borrower cry Fonda <br />Reid by £.eraSer. if unader partsgra~ f g hsuwf the Property rs wd err the Pr€rpcrty rs rnherwise asqutrcd by Leoda, Lender <br />shall a;rpdy. rte )Ater than ttamedeately prior so th[ sak of t}x Propetzy r~tr ra acquisition Fry Lends. any Funds held by <br />fetsdcr az ilx tatter of appiecatnrr a: a credit against the stems teetered by rh:s Mortgage. <br />3. Aypfieardw d tagasesar, 4:nless applicable law proviaks vtherwiu, all paymems recctved by Lender under the <br />h~n4a aid parrtgrapRs t and a hares( xhall he appiial Ry t_et~r fifer .n payment ,.f amounts payable to Isndtr by Borrnw~er <br />under pangrapR ~ hereof, shoo to mtemt payable on the ~i:ne, then to the pnnupai ut the Nate, and then to interact and <br />pnxtpae nn any Fattue .~lrhatscea. <br />a.. C-tttgeas 13soa. &trrower ,haft par- all faits.- assescmcnts aid other charges. fears and rmpmiuans attnbutabk to <br />the Pnrpettq which tray attain a prsosity aver rhea Mortgage. std Irmehold payiriaas nr groutd rents. if any, in the moaner <br />provi€kaf trotter puagtttph 2 Rereat err..[ nrn paid m strsh manner. Rv Borrower rnaktng payment, when due, Jtratly to the <br />:::: ~. - -: _ ` r•- s' .... _ ,r n.as r i..r nn~. sh.:. naratraoR.:wd in the eatat <br />r~Y ° <br />Litsrtosrsra .R~fl r€aa~ ,.+~yaitm A,t~:#fy- ff.-+rrawcr shall prvsrtptiy turn>3h to ?t^dar receapts ^_vtdatK':ng susR paym_cns. <br />t#rsrmrrzar xhdl pra[~(,n[y 3»charge any Itaa which hers prenrvty over this Mnngage, prantkd. shu Harrower shall net tee <br />requited to Jtachsrge say sstch lien +e tong as Harrower hall srgrsa sn ;,.Hung ux tRe pattaant :,i the ahltgatron xreured by <br />stiff freer rr, a raaa~ttsr acsapt,^~hke p: tit, ox' s?tall to gasai sauh .:oatr~ ~h hoer .^-y, .ir Jttfsrad _.nfune- s=u of su:'h !im us, <br />ldgai any-=.__e.=:~ wrath ttperatt tai )xsvent site etdursement u[ site hen :sr torteature :ri the Prapeny ,x ant pan thereof. <br />c E!°~-' ` 2':<--~~. ~ _'~-~-1) ~~ .:t€ smp~-arrts~xts --x - ~ ~-~sg . <br />• ~,•.®,~, _,.,,. - _ .. ,:t,' e_r_~,_ or rte= *t-r erg to ett •:_re P ~+prrty r~ur?d <br />agaiiut l:sr err fete, ftar:artts trtcitxteai vsithtn tRc Ierlrt "satrrtrhrd a:urrragr' and such :rifler itts'tnrtb as i.ender may rettuira <br />___.. ,._ ~u.rn ~,,: tar r~ ~r€ob~ _ v:akr : y :u:a'F: -tvt~ci. ,R;tt d 'af: as;s Y~aure that :Re »...ouu; :tee <br />such .:s:c'Craga ey:srr3 €ftat arstzwnr~d ~•av¢rasey'¢o•.et>xi sc, Herr the ,uxns tccurr<! t,y rRrs xMastsaxe. <br />Tex u€suraase .:arrar psu.•dtrig she rrauraacs sluts tea s: tnrssa M Bui'ruwzr sutrpect su approval ny IsttJsr. prov-tddl, <br />that xtsR appnartd shalt nor he unreasonahfy waRtteld. .+sU Prammtm on msru ante palteesa shall rte Mid ,n the rrenriiu <br />prorn#ar3 under paragraph : hsrerrl vr. ,f tar[ pa.d to such tttamter. M' &rrruwrr making payrittnt. when due, :ItrecUy to the <br />iissvnntte tauter. <br />1U itrauarxe ptda:ees and retsewais 7haM1 shall tx m form .rte-rpreb&: ru lsnrtrr .roil ,hall incluJe .. +tnndard mortgage <br />clause m favor of and to farm ascepfabin ro i.ender, iett+ta +Rah rota the right :u hed the policxs and rertcwaLs thrrsoi. <br />aed $turower snarl r: aXC:~!y furmtsh tee ixstder ail rttcwal nouns :mJ ail resrrpts ,d pad premium, !n ttte even of Ices. <br />Borrowtr shall give prompt tarlx't to the rnautams carrier std I.emkr !.make !Hale make praot ,rt lataa vl not matte prnntpely <br />6Y Bunawer: <br />l;a&w I.aatakr apd Bortvwar rutterusxe agree m u-Hung, rnwrarx:e ,rrw;eeals shall lets appliat su testwaUVn .,r rcpsu of <br />ttw Pn~arty :iamsysi, pravttksi >ta:h rearanUtz3a err repiut .s ecsuxuna:aily fcatuR# sad the am-uruy o! the: Mortgage rs <br />exit eharcir} unpausd- tf such rsatnrauant or :bpalt' s nos nvnontwatly trar+hk or ,t tRt sscuray r+f dw Mortgage would <br />La: ratpauesi, tftc raaurata-a Frascceslx shall tat applied :u the surm securcd by this Mortgagz, wrth she excess, tf :my, part <br />to Hatniwrr 17 the i'h+partti rs attata]wtetd tr!r Uarrvwar, .x ri 8orrawar testis !a raspotd to 1_emltr wRhur .31! Jeya tram rhr <br />dais rcettta'c m .uadW t: ixadcr to ttarrn,wsr that the rawrarrer .:arner c>tlr~ w sstrie n i'.atm for msurancc t+erte@ts, I.rnJer <br />is atdta.xrreJ tar .xaitact serer apply trier rraurtu5i.e proceada at isrrder a ~pucro tither tv Yaataratran nr :spur rf the Pmpeny <br />err €n ,ter swats xv~~trid by r,aa hfartgts~. <br />Utdtas fettdar and Borrows-r +iklrerware agssx m ~+r:utyf. any soh ,typiw~.suart ,ri prur;sads to prna:rpal ,fNdl nut cxteral <br />err paapane the dos 3au of :hs ratxsdety enstal{metsts refasrred so to paragraphs t and . Rereof err chnngc the amount ut <br />sash taataUmeasa. 1[ stndw patagrstytR !g )tretapf tb Property u asquirsd by reader, all nght. bile and mtateat vt Btu newer <br />en :tad fv eras €t>bneamx pdwaa and to and to the prta:teits tftaaztf readnag Ircxn teamatta to fhe Proptrry prior to .he .ale <br />err a&:aurer2rau shwit p4er to i.eader to {Ire extent :d tea sotto xm:utsd !ty snit M11<trtgagc :rnaiMistriy' prior r:. ,uch .ark yr <br />aGqui811ix#I. <br />b. Pswserra~ ass Mtr~saass of Pegtsrty: lrssaisahirt t: t'lasaa! Urals Ike<SefwreuW. iurrrower <br />snail kxep the Property ra gaxd rtgair and sbatl mr cuttxetit waste .~r permrt rmpatrment or tktsrsorativa o1 tRe Prapnrty. <br />sod snarl :aunpty wrth tfw prrnris€+krts u4 any leers rf tRts Martgagx rs no a laaschoisl. !f :his Mortgage sx vu .. amt n <br />C?tdsarim err a ptitaiaai amd dsvsioptacnl. Horrors shat! pertarm alt of Borrc er"s ub}tguwnx tuttkr she deslarsuon <br />of atvstaanta rrsatrag, ur guxuaiag ttvr ~ra~rm€mtim or pianrx'a! :tor[ akreioprnsni, she Ry~laws alit trgulatuurs ,rf the <br />cs.nahtmrrtittm err platltssd trait 3araSey+ment. and •~.orntitwent Jacumenis- if a ,atwommetim +„ ptamred .rn,s .h:vctnprstrm <br />rsder ?a +<aaettied R8 $Oituwei sad rcrcrasked together with rhxt Martgagc, the ~c»~snanu :red agteementx of arch -rake <br />s9sall 3!e rnsarpusased tote ar€d snail ssuand sad auppisrrssm the toratnanu amt agreentenU ul ihrs Mortgage as ,t +ht enter <br />roseate x pen hesastf- <br />7, fArkwstias of iearl}er's }aaateiq. It #krrre. ~cr earls tv prrlortn tRa ~uvanarMS anal ngreeatrats ..rmtarm~al ~n tR.a <br />littr'sg~ge. ,u' +f any :enia7o .p prorxeshtag .x ,ter,zmratxsf ritrch matsriatdy aUax.ts fcrtJer's sttterrst in the P*opena <br />snstsdistg, but cwt iresttest zu. e4mtreat deemaas, rnxsiVaitsy. ,:stda en4r+reErstrm. ~+r at rangsnrcnis ,>r pirarradin~c mauls-rag <br />6edcrxsps tx des>rafwtt. (Ran i.are"st u Lauisu's .xp€,ca:. apart narfsC:¢ t~, fka~rawur, rtutY maker ,sts.R appeatatn:ra. 4teimrss tuuh <br />sterns sass tats arch acttvtt as xs nesasaark us praeait Larder"s mtsrert. rrtc{uJrrig, cwt ;,as limttetf m. +hsRursenienf :~-i <br />assasraha ssr~y s ~ .€id es€ry stpu€t store Prrsgserrt tar merit rcparrs- If 1 e:rd€r r~utrN musnfage ,nsuran.-e av <br />~r:.t._ --_ '-"'i'-sue .~ •~-~,.~. ~ `-h:, moist Bt'•i ~€t ==ai-' --- cyan ~s:xrrl :-_,-st~,n -.><.. <br />'ire -. eihr._.mtu ors T___ - -. -, ,raaaag~q lest sip#a ,_.~-*:.N ._,. .a~e.__ ,. t,....h~^ys;z;•e ..,,r Br::z w.... a;J <br />