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<br />$~-- U(1I4J13
<br />Utvtetsrt~ Coveat,errrs. Borrower and Lender cavsnant atsd agree as follows:
<br />i. lyaysast of TrfatelpN sled ftelsrttsf- Br>rrovrsr shelf promptly gay when due the principal of and interesx on the
<br />evidenced try the Note, prepayment and late charges as provided in the Note, and the principal of sad interest
<br />tea asy Future Advances secured by this Mortgage.
<br />2 F- ~- ~- ~ ~ fs--~ . Sub;z`t to appiteab u law w to a w ;tiers waiver by I.e~r, ~zttt~„r pay
<br />to Z.an~r on tix day ttmathty instsiimenis ofp['{ncipal and interest arc payable under the Note, until the Noss is paid°ia fnU,
<br />a strut (herein "Feurds"1 equal to anctwelfth of €he yearly taxes and assessnsents-which may attain pt5oriiy Duet thft
<br />~'.-mss, ast2.gtt~utr3 rtnt€ an the lttoperiy, if &ng, plus +.~is-twelfth of yearly premium irwxailmenta foz lraur<l insuraa~:
<br />ph~aas~twsifih of ye-arty premium itts€alim~t for tswrtgt~ insuratce, if aug, al! as r~rxmbRy eazimated initiailjt-sad fever.
<br />tuns to tip by I:esavsr or[ the basis of assessmetns and trills and rsawaaabk estimates thereof.
<br />Tbs Ftmds shall be Ltetd in an iasfittt[iaa the dtepatits o~ accounts of which arc inattrtd or gttaraW fed by a Feral of
<br />state agency fistehttiing Lender if I..ettder is such an institution}. I.ettder shall apply the Funds to pay said taxes, asseneaeafs,
<br />in:raytrzs prsatitrma amt gtouad renu. Linder may not charge for sa holding and applying the Funds. attaiyring said acearnt,
<br />or trsrifying aced compftitrg aid assessmenix arui bills, unless Leader pars Borrawsr interest nn tlx Finds ate applicaitht law
<br />permits I.eardsr to treks such a charge. Harrower and Lender may agree in writing at the time of execution of ih~
<br />Mort~ge that interest on tbs Fua~ shall bt paid to Borrower. and unless such agreeatenx is made or applicable taw
<br />rseiterss asslt interest to !x pta&l, Lentkr shall trot be required io pay Horrawcr any interest pr graings on tttt Fonda, lender
<br />sbaii give to Horrtrwer, withoux charge. an anatraL acaottnting of the Funds showing credits and debits to the Funds sad the
<br />r-r, cpirx far whsth tads rk8it to the Funds was made. The Funds are pit;dgxd as addirana{ s~urity far the sums axured
<br />by this Morgagc.
<br />u ihs aettotmt of the Ftreu~ hdd by [.ender, together with the future monthly instatlmtats of Funds payable prior xo
<br />the dOe tfaxta of taxis, assesamsatts, insurance premiums and ground rents.. she!{ excseti the amount required to pay said taxes,
<br />aaeaustettb, insurance ptYasitmas and ground rents as they fall due, such excess shall bs, at Borrowers option, either
<br />pra~tLy repaid to Warmest or reedited to Harrower as manshly mstalltaents of Funds. if the amount of the Futtds
<br />fold by Leader she!! cwt be xte~actCax to pay razes. atsessrnertts, insurancx premmms sad ground rents as tiny fall dtu,
<br />Bier shat! pay to L.atder any aaeount accessary to make sip the dthcisncy Wallin 3© days from the date natia rs rttaited
<br />t~ I,~er to 8orrowtr regtreatiag payment shsreat.
<br />Upon payment sn fuB of elf sums secured by this ;vii+ngagt. Cruder shall promptly refund to Borrower any Funds
<br />tssld try Lxnsler. !f under paragraph l g hereof th,; Property rs sold ur the Prepery [s otherxise acgwtrd by Lender, Linder
<br />siaB apply, m laser than immediately prior to the sale of the Properrtv err its acyuisitioa by Lander, any Funds held by
<br />Leader err the rims of applkatian as a credit against rte sums sa.ured 4y thss 'vfongagc.
<br />#. s0e e[ layoeeas. liniexi appf€cabk law provitks aihrrwise, all payments received by Lender under the
<br />Nate aced paragraphs [ a~ Z turctu shall be apptted try {.ender first to payment of amounts payable to Lender by Borrowti
<br />trader paragiaptt 2 txrcaf, than to mttrtst payable errs the ti.+te. then to the princspa{ of the :vats. and then to interest amL
<br />ptraetpaf on am Future Advances.
<br />,d, ClhrtrgeK fJeaa. Borrower sha{! pay aft taxes. assessments and other :_lsargrs, Tines .end smpasitians attrsbutabit to
<br />t!~ Property which may attsut a prroriiy aver :htx 4lartgage. and leaseha4d paynicros err ground rents, if any, in lira manor
<br />peasritl¢d under paragrtaph 2 hertof err. sf not paid sn such manner. 6v Sort.*,cer making payment, when due. directly to the
<br />payee thertsof. Horrnwsr shall prompt{y furntxh to Lender sit notsceso{ amounts clue untftr thrs paragraph, and in the event
<br />Botrawer shalt rt3aAe payrtunt dstsctfv, Barrawrr shah prampiiy ;urnssh to L.endrr receipts zndsncmg Such payrtxnts.
<br />Borrower shall prnmptiy dise•hargo am 3sea •.s•hsch has , r=orav rvrr this '.4tartgage: , rovsded, [hat Borrower ;haft not tx
<br />rtx{uirtd m discharge say stxh Iten sa v~og as Burrower hail .tgrrr sn writing to the payment t>t the rib{tgat:an secured by
<br />sucfr ilea [rt a mauteer acceptable to i.sntltr, err shall in gactf Eaten cvttfest such lien ty. cr uefrau enfarcetseat ai such {lea tn,
<br />legal pracesdings wiucts optrate to prevent the enforcrmer•.[ at the I;er, :+r terte~[ure of the Prapcrty err any part thereof.
<br />;:. 1 [tw~te. Bxrtrtnver shall leap t~ ~nsprovemrnts new caesung err 'sacaftu rrccted an the Property Insured
<br />agaittsttass try 6rt, hazards included w.ttun the term "_xtendtd coerage .and ;uc{t rnher hazards as lznder may require
<br />arm m such :.mtv~nts anti for such periods as f.entier stay rec;usre: ; rt*4[ard. ;hat i.rncicr chaff not rtyutm that the amount of
<br />such catengc exceed that at»otant tt cnvtrage requ€rcd to ^ay the sums ;scared f+v this ~fartgage-
<br />The insurance cstrter pravittitsg tfte insurance nha{i Ise chosen br• $nrrawer sub}cct :o approver by Lender. prov~ded,
<br />that such appmvai shall oat he unteaxmabty a*ith{seid. .ail prermums :m msuraner pc>trescs shat{ be paid in [he manner
<br />Ravi und°F erar3,-^a. ~ ;>,r~u,•- tom. ,. mat ,:. a.u ts= ?urn asass~cr, '+s~ iwrmwcr rtalr rug Q __-__ wl!^~' tl«°.. ci;rCtfy iy `s ~,C
<br />iaiauraace carrier.
<br />;Lf ittwztsace policies arxf retxwalx thereof she{# tx us fora acceprab{e to t..en.,srr sad shaft :nct[tde a standard mortgage
<br />cfat~ =n favor of and :a farm sccepsabk to lender. 3zndcr sha4{ leave the right s;> hsstd the palterer :and renewals thereat.
<br />sad Borzawer shall promptly furntxh to Lsn~r all rrncwai eaters and a{; rtcespis of pail premiums. in the went of lass.
<br />Borrower shalt give prompt nouee to the insua~ance carnrr and Le[x$er. fender ma} make prwt c=€ lass 't na[ made prompt{y
<br />oy iTarroaleY.
<br />Ltnlasa f_eadsr and ®orrawer atlterwrsc agree =r. skrnmg, insurance prtxeeds shat: tee applied to restoration err repair of
<br />tree i'roprsty damaged, provided such restorauats err rcparr :s ecv~rsamtcalLy ieassbie ,end the security of thn tifortgage ss
<br />tact tteeteby impaired. if suds resiaratton a[ rcparr is r;et e.:ersarntca{fy teassh{c ur ,i the srcursty at rhos Mortgage Weald
<br />bs italastred, the tnasat~t proceeds shaft !x apptced to the estate secured h}' thss Mortgage. »r[h the excess, tt any. peed
<br />to Borrower. tf Firs Prapsrty-~s ahaadnned by $csrra,wer, .,e s7 $trtrtnver truss :., rrspaad to l,cader wt[hin 3U days from the
<br />date noiaee is mstl:at by Lsr'aasr to Hot:owwer t`sat the srtsurans:r carrtcr ~=:fsrs .a -c[tie ~~ _tatm far insurance ixnefits, la:t+.der
<br />is atxhatired rrt callsrt and apply flu sr~uranct~ r.rsxtsds st Lcnjzr's ,_ _... _.,..~. .~ .r:._.._,,.,.. ,,, e~i: ,., t{:e P-aw-r[y
<br />or to the stttm secured by this Mortgage.
<br />Uaisas L.sndsr and Bturawtr vtltcrv.asc ,tgrrr rn wrsirng. env s~:h appitcat:s;r, ..t prxetds [a prrncspat Shall nut extend
<br />err ptstp(aue rite due dais of the nroath{y mxta2{ttrcnts referrtd !~+ .a paragraphs anti _' htrto9 ==r change the artsaunt of
<br />xi1CLe imwdfmsats. If trntiCr paragraph 224 hereet tree Praperts -~~: acuusred t+v lsttder_ .;il rrgitt. tet{e and intsrat of (iorrcwer
<br />is and 20 tiny insaraacs ptrlt-:iss acid in ar3d to tae prxeeds :herei~t : esuitsng from ,iansage to t~ Property prrat €a the szie
<br />cri' acc"iuisitittn mitaff paw ra Ltu~x to tfx extent al ibe ,ums z~urr.l try :his ttr~~t~axr rasnxdsaaeta prsur to'iu:h sale or
<br />tdtsa.
<br />4, '~ eat! ~ of Peapetsy: L,eattaisaids; t.'t»Qasa: Ptaaaat l.'ait Ikve[apoeaM. Borrower
<br />ahadi kiteys the Prttgrstty in good repast amt shaft rxx commit •+-asst cr permsi vmpatrtnent err dsternrrstwn a€ the Property
<br />and shall txxapiy +vitb ttx ptovarsorss of any !east st thss Lttktgage r., s7n a ieasch.tid if Ehn htarigagt is on a unit iss a
<br />err a plaarxd smrt drvtl<+pmeat= llorrna~er sha.lf +erfcrm ail ni Borrower's -~bt+gauorss under the decfetauott
<br />to taaraants cxaatirrs err govamog ttre condamiaturn nr p{armed :feet devck,pntcnt, the by-laws arsd roguiations of the
<br />--. or p.~*,ead amt t4sasfopmeai..arsd catsstittxnt '~sstetsat<. ii a ~an~tamiasam err nlanncd unit dcveiaprtseat
<br />rim ~ ezteraNti by HiXrowa auQ rscor,~s# rogetlaer wtih i{sss n3v[i;age. the .uvenants xn?t agttementx of suctr rtdsr
<br />is.iasetpaterd-rater and chaff amend and >uppfeteunx t.{u cavctiaais and agrtements of thss Mongage as sf the rider
<br />vas a-past beset.
<br />7, IhatMlsNaes eg la~t'a 9aeas#,-. Lf Harre>wet €atts t;, psrfarnt the covetsanrs and agrcrmstric ,vtttas[red in Yhis
<br />• tw ~ ac~+ a err pr€rrsdirtg :s s:emunsacet# which matcttiaflq a~.ts i.eodsr's rnterest in tree Properp.
<br />its~dlag„ but trot liarited ter, ttraitaant dataaitt, ittxadv'esx:.p, code mftx~°enxa4 ar arrangertxnts err psvicetdmga tnvalvmg a
<br />~ ut sfet> then L.endsr at f.sadtr'a cs{rtitrrs, .tpors natxe to Borrower, may tusks sus 6 appearances, dssbtttse such
<br />-sad take aetsturr~arr es nsrrmvary to ptossct i,steders rtttatest, =acisuttng, but not €tatrted ter. =hsbutaentent c,f
<br />rr~ ms's tree sad entry apart the L'€rspesty to tnatks rsgasta. if Lender reytrirad rttort{tags in€uranss ss a
<br />c'artxd+tiG~ ?f ~: tbs areturd by this Alattgags, Bosreswu shall pay iris pttmttrrrrs requtrsd to mamtasn stuff
<br />sattgteatro- iu 2ffirtY untbf sttt:l+ liras erg rPoe rst~uirsmsnt for sucLt t'`t~srmrt~ icPsnrruttty3 in ac-cvrdana-e +cizh Boxrc,wer: and
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