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<br />Uwt=aahs CovErrn.7YS. Borrower and Linder covenant and agrce as follows:
<br />1. of rrfntipd find Iffiere9r. Botroa:~ siia4l premp[iy pay when due the principal of and iattntai on the
<br />irsdabtedt~s evfdenctd by the Ir'de, prepayment slid iatC charges as provided in the Note, and the principal of ate inLereEt
<br />an aay Future Advancxs secured bS' ?his Mortgage.
<br />$ Faade lair Ttt~as ,~ Ismsaerr. Sitbjtct to appiicaN}t law or to a written waiver by Lender, Borrower shall pay
<br />to Lander on the dap monthly sWStallments of principal aWd intereest are payable under thr Note, uWtil itte Note is pa#d in full,
<br />a t~~ Ch~°~a "Ft.,'°~") s 'o a..°~t'icni..rusi ` t ~ p..,~'..Y taxes °d asswawrta:tu which rs~°y a..ain Frioret+i o°er -this
<br />Morigr~,'md gs ttWts on the Property, i€ any, pltg ono-tweifthsof yearly premium irataittnentt for hazard i»sura~e,
<br />plus awC•twelfttt of yearly pttWWium itrstallttunts for mortgage insurance, if any, a!I as reasonably estimated initially and f:tmt
<br />time ro time by Leader aW the basis of axtasmeais acrd bills and reasonable estimates thettof.
<br />T~ Fug anal! be Irehl in an institution the deposits or accounts of which are insttm! or ~ by a Fedaxai a
<br />state agency f iWr3ttdiWg Lttxles if Lenrler is such an institution? [.tmltr shall apply the Fttads to pay said taxes, a3KS4rrfeats,
<br />i~.~=a!xt ptatuni~_.._ ami grossad rents. !.ender rosy nit chargs for so holding and applying the Ftrada. analgvng saki aecoit[tt,
<br />or vtritYzn; sad ~rWpiling said assessrteeats and biiLs, unless Ltaadtx pays Bornswer interest on flee Fulfils and appliable Eaw
<br />ptetmits Lender to make such a charge. Berrowcr and Ltn~r may agttt in writing at the tune of execution- a€ the
<br />lafortgrye that fatetes4 an the Feasts snail 6t paid to tiosrowtr, and tssileas strclt agreement is made or~ app#icabia lair
<br />regWiro srach interest to tae paid, i,trs~ shalt :tat be t'Equireat m pay t3orrowtr any interest or earnings on the Funds. I_eWder
<br />snail girt to Borsowaer, wifhour charge. an annual accounting of the Fuirds s!wwing c[aaVits and debits to the Ftmda and the
<br />ptrtpose for whxft each r~tttt to tfx Funds was made. The Funds art pledged as additionat security for the sums seturtd
<br />bi' this a4ati7~t.
<br />If tisz aerrra,~t v. 21st r"tttada u''y Lender, tagtther -with the future rnanthty instat€ttttnts of Perils payable prior to
<br />the lilac dates of rues, asstaatntnts, zttsurance prcmrvt~ and ground rrnn, shalt txtrtd the amount rtaatiired to pay said taus,
<br />axttmteats, iitnurirtaee prtmiiims and ground rents as they faSi dtx. such rxcess shalt be, at BWrrowtrs option, tither
<br />ply rtprid m Harrower or csxad;ted to liorrowar uW monthly installtWetits of Funds. It the anmttnt of the Ftm~r
<br />bpi sty Tender shall Was be sufiriaat to pay taxes, =~~nta, tsaurance premiums and ground rents as they fait due.
<br />Botsosrer shall pay to Leader aWy amount nsctssary to matt up tht deficiency within 30 days from the date notice is rnaikd
<br />tw trader to Borrower regtaesting payment ttxrtot.
<br />Upon payment to full of all sums secured by [has Mangagc. Letxter shat} promptly refund to Borrower any Funds
<br />F.eid by Ltsidtr. It uttdtr paragrtsp6 lki hereof :he Property :s said ar the Proptny is ottttrwist ac,ttired by Lander, Leader
<br />sllttl :gptp, rso tatty than immtdiatelY ptwr [o the sale of ttx Pzoptrty ar its ar;.quisitior[ by Ltndtr, any Funds hdd by
<br />Ltmter at tSe time ni appiicaeirm as a credit against the sump. secured by this Mongagt.
<br />3, Ar@Ycatlara d tap~ea0i. U^kst applicahle law provides eNhrrwise, a#i payments rectivtd by Lender under the
<br />;+itsts sad paragraphs i at-d 2 hereof shalt be applied by l.t^drr flnE en paytnem of amounts payabit to Lender by Borrower
<br />under paragraph ~ heitwf, tttea to inttrtsz paY'ab:t xi thr \uzt, thrr se iht principal of zht Nate, and then to inttrtst and
<br />pnnapd on any Fuaurt Advrrx-tt.
<br />i. C(iaegw; E1eas, liontwv .hail pay all sates, assrssmtnts a^d ,=they cisarges. tints aril smpositians attributable to
<br />t8e laropsety wtsieft may attain a pnorriy ,s-vie ii=i-.,cr,~,~c. 3i,,.. .`:d ^ --.. - °mts„d rents. it anV. in tlu [Wanner
<br />pt+a+ritiad tattles' paragraph 2 heteot or. if rzix pa;d ,n such manner` by ,Borrourr mating payment, when due, directly to [he
<br />payaot therwf. B.srrowrr shar3f proraptiy furnish to finder al} :saucrs <.f amounts uue uridtr ±his paragraph, and in the event
<br />B0t3Yx+ctr that: iWakt payment dimt!Y. Bcnaurt shat{ promptly tur^ish to t_rndrr rc:apts rv:dtacing such payments.
<br />Borrower shall promptly discfsargt any lien wtzi;~h has pnaritr ;ever !his '.stortgage: ra.°,atd. thet Buurower shall not be
<br />rsyts-red io dtrs#aarge 7sy'a€=-h ;ien w iclg a= t3erro;fsr shy, ag:ce en ..slang tr.- +he ; arnte,^s c shz obhgaainn srursd 6y
<br />suc$ loco to a mattotr acctptaldt to !<ndtr..tr vtsalf .n gar±d faun rantr~st ,ugh ire:. h~, e r „Mina eniorcemeni at such tits in,
<br />ftga3 practxdirtgs which apera[r to prevrnt ihr rnfenrtrnent of the leer, o: :ane,turr +=t ztit Property ett any pan thtttof.
<br />$. Iguaed Ease. Botrcrotr shalt krtp she ~mpt,7:°rmt^ts new eztsisrg or hrrtatrer crecttd an the Property insured
<br />agtuatz eras by fire. isazards inclutted wsth:n ant urm -`et;tnded ,overage"-. and sxxh other hazards as I_rndtr may require
<br />amt in stash aassxrnu and for such ptrtads as Ixradtr may rrauire, pr--: vxiea. =,hat Linder chaff} not require that the amount of
<br />wen cos°tragt exceed thaw atnoua=. cif coverage :equ+red tc: pay floe .ems enured wq zh;s `sfortgagc
<br />lht tasttrarax carsxr prav~i^g fix utsuranct shit{ !4r ct=zsen hY Bcerrdwrr suhiect s•_ app:aval by Linder, provided.
<br />that such approval shall rte ht unrtutmabiv withhtid 1!} premnsrttk ua insurance paiieits ,halt tx paid ,n she mannrr
<br />prow tusk patr~. Z item ar. rf :felt paid sn s .•+:!: manner, by ls:rreutt mat:^g paymatt, wtsrn dui, s3uecety to the
<br />tmararsct carrier.
<br />-nli itsassfaccc p4ii~'w.=,- - ,v,,,.. _ ;.~,e:: - . -- _ - f}+~a~ s ~~~r-nil shat: ,nzlnde :r ,iandard ,sartgagt
<br />classes iq favor of sail an #€srm aa~xptafsk te= l..entkr. l.cttder ;}:a'.i have tt[e£rigttt t.:; h:~td else policies end renewals theratf.
<br />a~ Borrower dtai{ prosnptty [urstxth to t~nstrr ail rrttrwai ,~:rcas a.t.i - °- nt s ~ p3r^ i r~miti,^,ts in the evrnt of bas.
<br />-r srtaii give gtsompt tsoti.:t: to ;itz ritsurari::r rather aril Lender. f.rndrr :nape mate prcnx if lass if nM made pr^mptfy
<br />tap 8arrvtrer.
<br />Utilaat Linder sad Barrawer iXlitfwsse agrtr an unimg, insurance prctceeis ;haft he appl;~ t restoration ear repair of
<br />the ~ damaged, pruvided such icsioraixon or rtpaar .s econamts:aily Ptasib}t and the ucurity of this Martgagt is
<br />rot thaxeby impairtcd. If such restoraears or rtpatr :s nos z`oiu?mii.{ly teastbie ar tt the secursty of this Mortgage wotild
<br />bt ir[otpairtd. tiro tnwraatt ps>vv.'taf.€ xha#i tx applied to the .ums securrd tsy this 4tangagr, ws[h the excess, if any. paid
<br />tit Borrtnstr. t# the Proptnp ;s abanda^tti bt Borrower. or ,: Btirrtaver fails to rtxpta^d to !..ender wriht^ 30 days from the
<br />date tw#u.e is ntaiftd hY Tandtr ter Burrower that the ;itsttrasnt rarr:cr otTers to seek a cfatm far ~nsuranct tsetxfits, tinder
<br />is aat6ortzed to ustlttct anal apply the itisWrartct prearuds at Ltt:ders upt.an ether to rrswrauon ^r repair of the Property
<br />~ to the aunts srctutad by this btnrtgagr.
<br />!;steal Ltstsitr arzd Borrower otherwise agree :n writing, any such app}icrtian of proceeds [o pnruipa! shall not extend
<br />or pia the due dart cf ttx mtmthiy instalinxnu tt2trrrd to in paraaraptts i and 2 hereof ur change the amount of
<br />sotdsu'-`r~. "~ --tt. #f :indez paragraph `sg lttstof tt~ Prsptrt;' ;s acqurrrd4; I.,ender..s:i tight, ietle and interest of Borrower
<br />is aced to any iWSttrairet pdn°ies era! in and is tls,< proctetts iixrwf resuizsng [coin damage to the Property pear to the salt
<br />ra shalt pass to Lestatr to tltt extt:;t clef :.~ stems stutre<t by this ~tongagt immediately prwz au such sale er
<br />iL Tn~tlfaa [cud Musts ad apt Lsaae6trids; t'enaeaG Pfasrtted !lair Ikwe~esn. Bvrmwtr
<br />a6e~N Imep ifu Fmptrty its gated repair aarS shill sat coatnrit waste ,•r permit impairment or destrioratisiri of the Property
<br />cad shall rot~plp wirlt tRu prttvisaans of any tease r€ shet Mortgage =s on a icatttiofd. ff this Mungage h on a unit in a
<br />€x a p€anaed troll dcvttopsuKUt. Botrow.tr snail perform ate a€ Borrowers ethlrga[xms utidtr the declaration
<br />ar t~taaaat#s sue. eatiWg ear govtratng ti-e .~ondomatttiaW or plantttd unit ti~tvtis.ptnent. the bylaws grid rtgulafion< of the
<br />- ~ piF tisdt desslopeatnt, soil cnnnsaittxni documents- If a corxtaminituW ar ptanne6 ums ;ftveloprneni
<br />tidN M oaacaraed by ilorrvitrer sad racottks€ iagetiier wuh this Martgagt, th€ covenants and agnemtnta at stash Willi
<br />ist iaaaspgirMed is#o arttt s$aB amend sad suppirt»ent the covenants and agn=tWteats of this Mortgage as if the rider
<br />wrsapt~
<br />I, lAtafasflrsls ai C.tssia'a Bas°stt11~, tf f~otrewror fatly to ptrfarm the covenanu sail agreemtstts , esntaimd in [his
<br />Ewe: ter ~ carp at~tia ar prong K cvr~td which taattrialiy a€fec-is Landrr's .issttrxst iW the Pmpcrty.
<br />i hilt aa4liat+t!$ ta, amsiaetst da,[traip. itv+encts, toga enfoscetnttit, rn artssagttrttnts ar pntceedingt imalving a
<br />air d~daect. tltea !.alder at L.retder's optata, upon notice to 8arrtiwer, may make such apptarartcrs, disburse such
<br />aWlgrt clef{ gill +pcda aet5aa ra le erteartt+vy to ptoteM Ltrtt4sr's arrtt'rast. ,tscliading. but nest teWtttd fa, ditbureetnent of
<br />t* at€t~Faatr't flea ~ €ntrp upms t~ Prr+ptatp kl ttiafie repaii'~ If Ltridtr rtiluited ntattgagr isssuraWec as a
<br />s of t#it !own tacutmd icy tltts tidortgaa€c, Borrower sAatl pay rim ptgm:ums s$qustrd fa maisttain such
<br />iRetts[M~a lR r~iitt usltit tarJt titpt-ar [rte friar r~utlt irittn'e~Me ttrnttnarts ;W accztt~tract with Bc+ri't+wert and
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