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<br /> <br /> <br />utat C.ttv~rurn. HtnrQtver acrd Larder txwettaat oral agree as follusrt: <br />2: l!!I,}nsat otf atd.dgri rsi Hortawer strap promptly p:y when due the psirtefps! of snd intettai oa the <br />etridt by the Note, pmpagtamt and )ate cfiargca ~ provided iv the Nom, at¢d the priacipad d acrd itttereu <br />as sap Ftttma Ad+aaoa wctaed by this IiBottgag~e. <br />?, ~-~':~ tip-" .. w ~ ~ a:- is a 5r: itton ~ ~ :.sr;~, °.. ~. "- t~~- <br />ta Lmdn ou the day trseathiy insta$mettts ~ ptiacipat antd aatetest are payabk ua~r the Note, tsffii1 the Note is paid et fttB: <br />a ~ fireTeatt "F~ds') equal trr ones of the yearly taxes acrd attessrrtenes which may attain prita'dty ester <br />sad gmtmd rtems on tree Property, if arty, ptmt orte•ts~fth of yearly prrntittm imtdlmeets fte haaard ittataatttx, <br />erf` y~rpy psi-~ for atmtsrwrrstua, if attp, aB as ta.=~tatabkj eat iaatiafly- a~ ft+em <br />tfine m tdtse ftS I.mder ~ the tea of and acrd teasortabk estimatta thy. <br />34ps Ftanb ate rte Ix~ in as ir~ista~rt e<t¢ daptaits or at~ttnm of aitictt ate ittaaaed or gttataateed hY a Fedessi cr <br />-agestey fiacltalhtg S.eadu if Larder it suelt as itsstistaian) • I.ettder shall ably the Ftmda to pay said taxes, ssses;atema, <br />iaau3aoea prertd~a and gtomd ttras. Lmtdet rosy rtes dtarge for so holding and apptyiag the Funds; analyaag said atwtmt, <br />or ratPyiag and txmpBlttg a~ its a>~ 6d1Is, tmdtas Leatltr pays 13orrouer ir.:etsat tm fhe Ftm~ std appficahte law <br />permits Lender to mane adt a clnr9e. Borrower a»d I`ttder troy agax in writsng at the time of execution of this <br />that f oa the Fatter than he paid fo Btsrrcxer• sod utskss sac6 agtea7ma a made of appiicahfe laws <br />L3tt~9aR ~-its-to 6e pad, L t~td t~ be tegttired to pay Borrower arty interest ttr earttinHt ~ the Ftmds. Lender <br />give Oo Horrvwer, wtthout charge. ao anasud acrnuming of the Furtds showing crodin sad debits to the Ftttttb and the <br />p®rpose fay which mrb dtDit to the Fv~ waa made. Che Fttrtds are piodged as additional security for the starts secured <br />by t!~ Morigar~- <br />If efts amount of the Ftatde hdd by Lender, together with the future matthly irnaalitaeats of Funds payable prior Yo <br />the due dates of taxes, assessraaata, iaptraace prerrtirtms •aad ground rents, steal! ~trmd the amount required to pxiy said taxes, <br />aaatssoasg, iasstrsax premitana sad grottrtd reacts as they fall due. such excess shall be. at Borrower's option, either <br />psotagrdy repaid to Harrower or credited to &srrnwu oa rnomhly tttstalltoents of Fonder. If the ataomt of the Ftmds <br />hold b! L~der amfl trot bs to pay raze. asseasmenn. insurance pratttursts and grotend rents as they faH due, <br />u`~i 7tatmr shall lay to Lender any aatount nrstsaary to maica up •be drficiencv within 36 days from the date tmtice is mailed <br />tsy famipr m Barrowv tequapiag payment tttermf. <br />Ltpsta papramtt sa full of all wutu xecured M th€s Mortgage. Lender shell promptly refund to 8arrower arty Futtda <br />h~ h'Y leader. It trader parttgrr~ 1fi hereof ttx Prw:.~rty zs sold or t~ Propert} is otherwise acquired by Lender. Larder <br />apply, tea later thur tmettediately prior ro the .ak of ttte Property err its ere~utsition by Lender. soy FettuL lrld by <br />Latttder at tfse race of ap~fcmioet a a credit agatrot the sums stcttrcd by thee Mortgage. <br />3. Agtpisallaa ei hgmanlt. Unku applicable law provides otherwise. all payments received by Lender under the <br />:dote and paragraphs t sad Z beraM shah be appiced by Leader first m payment of anwtmts payable to Lender by Borrower <br />[rider paragaph Z hsrrep[, rhea to taterest paysbfe as the '.+late, tttett to the principal of [he Noe. and rhea to inetest and <br />priswifeal utt say Future Advances. <br />4. ~ fleas. Borrower shall pay all vexes, asst~unrnts artd otltcr ~hargex, fines sad rmpasttiaas attributable to <br />the Property which maVp anaut a prtarity aver thee Mortgage, aru! leasetsalti payments or ground rents. if say. in ilte meaner <br />ptoveded under paragnp!lt Z hereof err. if tart pod m such mars~r, by t3arrawer makrng payment, wlmt dtx, dieectly to tlx <br />fral"m thereof. Bmrasver dealt promptly fttrotsh iG t_cncf<r ail swtsces of aaurimts ,itu under this paragraph. and in the event <br />Hoatva,er xlsall ttttdta puyeaaa directly. Borrasvcr shall promptly furatsh to i.entfer receipts evidem--lag such paymeais. <br />Btarrawer shall pttoeaptdy diechange say lien ah~lS has prearrty ,net this Mortgage; provided. that Borrower shalt trot be <br />eegtri;ed ttt discharge say staff cirri so long as ~rmwer stroll aaree in +rtrcng tc, the payment ut the ob)i2arion securai try <br />catch Yiea to a taattnu ara~ta~e to [.coder, cn shall sn gt+od fanfs contest ,uc#t ixn !n, err defrnd eaforement of suit liras ia, <br />which oparaic to prevent ttte enfarcemerte of the tten .'r ',otfesture- rf the Prapertv err any part thereof. <br />S IBasstrd ;ie..t..m. Harrower shah t;oep the smpraiements saw ezssting :u txreafur erected an the Property insured <br />agtias[ lass by fi7u, ttarstds iacMded within the term "cxtendnt ~:ererage". and such cxhcr harards as Lcttder ma}' require <br />asd to such amounts acrd tar ttx3t perrads as Leader may require: pravs~rt• that I.ettsftr shall not require that ttte amount of <br />sneit aBe exceed then aasotatt ttf coverage requued to pay the surrts =cured try this Mortgage. <br />Ty1a ire carrier ptuviddag rite tasruattce Mall ha chorea lsy Borrower subject to approval hY I.ettder, provided, <br />that torch apptom~ oat be uasesamiasbty withheld. All pterasums era irtssrrancc policies shalt fx paid in the manner <br />pr>N+ibd tender paragraph 2 hared ar. tf ant pasd in wch moaner, b}' Borrower tnatiag payment, when due. directly to the <br />itrsaraoce . <br />AB iaurraace p error reacw~ thereof Stroll fx en form ~cxpsats~ [o Lctater sad shall ineitrde a standard mortgage <br />;frasre in favor of sad is from acmpt to Leader. I Herder stub have the right to lwld the pair and renewals therrnf, <br />sad H s~ p+rump$y faraeslt to I.atder all reswwai notaxs amf al[ receipts of paid premiums. is the evem of loss. <br />>'> Mali give p tt to t.~ tt~ea~ camp a~ Le~rt. I..en;;,,r assay ,^take proof of toss if tart made xtr,°tptly <br />try ldartztsata. <br />UttMts Leader and Htatower atlterwtse agree to wnisag, tasrsrattce proccedx shall be app#wd to restoration of repair of <br />tlae Pro~sty dams~d, ptovidetl such rttuotattao or rt:patr ;s ecatat:t,salty feastbic atul the secttcity of this Mortgage ce <br />oat tbesby impacted. If restoration +x repast is :xrt econorarcaf)y feasifrte or tf the xcurtry of this Mortgage would <br />bs itt~ed, the ituttrstace proceeds shall be applimd to ttu stuns ~ttred by thex Mortgage, with the ezcros, if any. paid <br />m Betraner. It tlfe $mpm't}• is by Bcsrrawer, err ai Borrower fails to reapttad to [xntter wtthia 3{l days from the <br />data is by Leader m Basraweer !hat the tawram7e arrxr otters to settle a claim far ittsttratace 1>e, L ~mder <br />d -ter + a>d apply the tastuaraec ptoo~da at lender's option cttha ut restoration or repair of the Property <br />~ to tClte sums secutai by tleic lldart~e. <br />t)aisas Lander a~ Hoimme~ atlserrrac ageee ;n writitsg, am stxh appfieation of pteccnda to pritaapt<l shalt rim es[ead <br />ere pmtpavsa the due dam d the tnoathiy irtataflateats refereed to in paragraphs t sad 2 tserettf or change the amrnmt of <br />. If emdps ptttxgtstpds 18 Est ttx Property is acquired by Leader. aIC right, title sad interest of Borrower <br />it amd.to , ice p''`"'°' an;3 is a~ tb rtes procoeds thereof resultrag from damage to the Property prior to the sale <br />o: . , , slealf pma tri to :!t rztatt of tlse staff recuttti lsp this Mortgage ittY liar tmstutt sate err <br />~ lYaalrtraMtra atl Awe et i~regeaty; I,eaaelalttlsz Coadattaidaaq PWramd tfatll Deve{~wteass. Borrower <br />itaap "she ~ is i r aced s~ am amt waa3c err permit ttttpatrtaepr s>T detetiaratioa of the Property <br />sad the p~ d any l if tfls §9e:-tg es un a teaxltold. if that ?Aa;xt is :rn a ureic in a <br />< err a plaeaed trait Harrower slsall perfcvtn aA of Borrower's obkigauwss utsdtr the declaratiaa <br />~ seas t err LtsF rztaabtist€n err ps~;ttt~ uatt dev~oPmeat. the by-Iaves ate tegtsiatiarrs of tfte <br />~ ~ u~ ~. and c'smstituent aoesataenae, if a e-exsdosninium err piano rat ~vefapmetat <br />tt~ M dl ~` llbrrower sad rid ta~hC7F vetch Fh34 ~• the Ca5'eflariffi atui ]gteUAlCOts t?f 5uch 1'ider <br />#fafE lsE ieaae~os'aasd uao sad sisld aasead tend ~ [he ~veaarsts oast agteetrtetsta of tuts Mortgage as tf the rider <br />tooter a poet litifttOf <br />7 lledatlise of Lttadath l~saad!!» It Barrow®r task tb prrfarm the covenants assd agrr~dttenn cotttaittcd is this <br />err ~' aa+p setiaa or prtetwrsdiag is eommerasd which nsueriafty ,selects [.cttder`s trtlmeat is site Pr,perty. <br />Otte sal #ad fe4 staWtaeat , icy, vents eafoet'asteat, or arraageateats or preys involstiag a <br />o+r daea~agE, slim l aF Lt's , opera ~ to a.,tnrtrrer. may mah$ stsclt appaaranem. disbtc€sa such <br />saau ssd ~ at~aa m B >~ t^ prvloct Leasler`x ietaru, itseft.tdirrg. trio not linteted fo. disl+utsameat of <br />estsatvtiaitls away"r toss a'd easry u~an t}se iRvperta° to +s~a t~stttrs. tf C.essdar r~uit~d ttsastg~ ittsursasrs as a <br />saaatlilatss of rtes loos- sltaai bas cirri h4nrt;aa, tinrttrwzr- x#tsl# peen ttte prewriart~ requited to maintain taa'h <br />iluansrias le us6ft as the t for sues is ~ w9ih per's and <br />