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$I-.t7017~4 <br />UNSFpRM CavE[.avrs. Borrower and Lender covenant and agree as follows: <br />1. Ts~asetg esf rrlacfigal assd irsterat. Borrower shall promptly pay when due the principal of and interest on the <br />it~lsxltxss tuidenced by the Noie. prepayment and late charges as provided m the Note, and the principal of and interest <br />(m anY Funure AdVa[iees StxWed by this !~tangage. <br />Z 1Feada (dr '!'asp sad 5ubjeet to applicable law or to a written waiver 6y Linder, Borrower shall pay <br />to teentkr an Lhe day maaihly installments of principal and interest are paxabFe tinder the Note, until the ?note is paid in full, <br />a ~.. (h^~_.n "Funds") qua! tc err-twtlffh at tftr s„a:#y ,axe: and ass~,stt:tntx which may attain priority over this <br />~artgagt, and grained tents on the Property. if any, phis one-tavtlfih of yearly premium installtrrtnts for hazard insurance. <br />phYS ixx-twelfth of yearly pretaium installments far moRgage imtirance, s[ say, all as reasonably estimated initially and from <br />tiara to tune by Lendtr on the bash of assessments and bills and reasnnabie estimates thereof. <br />Tire Fonds ahaEl !x in an institution the depttsitc er arc-ousts of whKh are inwrtd or guaranttuf by a Ft~erat or <br />state agency iitrciuding Lender if Lender is such an institution t. Lender shall apply the Funds to pay said taxes, assessments, <br />rrt•z gitfttiutits and grotuul rents. Lendtr gray nai charge tas so !tolding and applying the Funds, analyzing said account, <br />or verifying acrd wmpiling said assessments and F,iiks, unless E.tnder pays Harrower ;merest on the Funds and applicable law <br />pssrmitt Lender to make stKh a cfiarge. Borrower and Linder mss agree m waling at the time of execution of this <br />Mtattga~ drat inttxext urt the Funds shall be paid to Barrawer, ami unless such agreement is made or applicable taw <br />requires such r'nttres[ to bt paid, Lender shah not he requital to pay Harrower any snxrest or earnings on the Funds. Lender <br />chats Give m Borrower, without charge. an annual accrnintsng of the Funds ahv,wing credits and debits to the Funds and the <br />purge far whic3r cork dehtt t. the Funds was made Ilya Funds ,tae pledged as addiuana! security for the sums secured <br />by thrs Mortgage. <br />If tEx arr,.suai cf t:~ Funds held by Len:,`-r. t.zg<sher Wirth she future mantM1tti .nsfallrnents of Fxtnds payable print to <br />the tits rtntet of taxes, asstssmtitts. irsurance pmrnsums atsd around tints, shalt excttd the: aawunt required [o pay said texts. <br />aaaessnrtars. iasurastce premiums and ground rents as they tai! due. such excess shall be. at Borrower's option, either <br />prampilr repaid to Borrowrr or credutd ro &,rrnwer c?n monthly installments of Funds. If the amount of the Fund <br />ixald by Lender she!! sot be sufftcreai to pav taxes, assexsments. snsurance premiums and ground rents as they fall dut. <br />Banatrer shaft ~y to i_endtr any amount «aessan t<• mate up the dctictency within iQ daus from the date notice is mailed <br />by i.i~uler to Barsower rcqueating pnxment thereM,r <br />Lrp::ai pnvratnt m lull of a!i sums securtd hs :fu+ M~,rtgage. Lender shalt promptly refund to Borrower any Funds <br />hdd by ixsrdtr. Et under paragraph Iii hemrt she Proprrea :s std or the Property is aihern-ise acquired by Lendtr, Lendtr <br />sbali apply- na ±attr than rmtntdiaeels poor u~ she .Ile ~•i =he Properly rxr ,rs acquisition by [xder, any Funds htld by <br />t.tetdtr ar tics vine r_t applia:alion as a ctetltt ~garnu the arlms xcurcd by thss ltangage- <br />J. A~Ifeatiea d lsytaeala. Inless apptrcahlc law pn+vtdes otherwise, aif payments received by Lendtr under the <br />.'alert and paragnphs l sad ~ hereof shall bt applied by finder fiat in payment ~?f amnunts payuhle *.o Lender by Borrower <br />urndez paragraph ~ hcmof, then ;o snterest pacnblr ;an stir ticur. then *.,> nc~ prirtc;ipai of the ',fate- and titers to interest and <br />prtrscipa! oa anx Future Advaacex. <br />S. I.jesr. Bonawet ,hat! pay alt t .its. a<usvmenis and =rther .:h:srgcs. fitxx and :mptnitt.xss anssbutaiile tso <br />the Property which tiny attain a proriry crvtr thn Nongagr, and ieasei:i>td payments .,r gr~+und rents. if any, m the manner <br />provttfed undo paragraph 2 hereof ar. ~f nos paid :n even manner ny &,rrnwe: m::ksng payment, whin due. dirtcNy to the <br />payts ' :teat, Borrower she!! promptly furnish to Lendtr ail noiscrc „! amauntx ~.fue ursdtr tors paragnph, and in the event <br />.°.r.:n*wer allot! make pay-men[ ditto.;+.v. B,rr=+,g~rr .hall rnpti+ ., -.• i entity ~ecespts ekrdtneing sucfi Paymtnis <br />Bar7nwer shall promptly dtschargc an}• i;tn •ahuh ffas .:r., ssrtx .:-: c.- •hrcnMr,rtga(se_ aravrded, that Borrower chaff not be <br />rtgitired ra discrsarge any such Nett ,cs long as Clcc:rtc;utt +h:aa! sgrrc .e, +„i:r,Q s:~ .tx pa.astrsi .:t thr .+bl+gaticrn srct:rcd by <br />such flan to a maatrtr gcep[nbit en t-e[tckr. <xr :ha!€ ,n ;.~r~.i rasth ::+rtrss ,,:~h ircn ~. cis .lefenel erat~rernttm ..f such lien m, <br />=gal ~tngs ~hteh aptsafr icy ptrvrnt the cnf.nccmtnt ..[ tt;t :era •,r ent~t:art :rt ilia Proptrtx .x ;tin pan thercof- <br />3. ldatatd latsarafce. &smawxr ;hat! tarp rt;t :mi.r.:+emer:[c n.•w ra.usng .-r :,ereat[er erected ,rn the Property snsrsred <br />a;turts; toss by fire, hazards Included wuhrn the :crrn cxtusdrt+. _.>+rr.tgt =nd uxh other hazards as !-ender may require <br />sad in stz:h armeuma std for such perisuis aR i.ertdrr =nas requ;.z. i t:,,.des. shat ixnuer .hat! nor rcgiure that she amount of <br />sus~l ::nterage exceed that aertaur.: „t _r,+cr age rtyu=sad c,+ tar tiu +:;ms +tsurrd t+s rtr:a Mortgage <br />Ilse rtauratxe cattily prrivtding t1x snsura,~tct ;.hail l*e Tft~*x-r: 4v 13azro-+:er uehtut tt+ approve! icy Lender, provided, <br />that saxh approval shall sot be unrcas.+nanl wtehhekt .3ri prrmtuma .vr srsliranct peticsts :halt be paid m the manner <br />pravidtd utxkr paragraph :herent or. ;t not paid rn s3ch manner, by Borrower making payment. when due. dsrcutty to the <br />sttswance tuner. <br />S#1 iatura'~ p>a#icies sad renewals eftrrr.-e ,_ - i ,r cn ?errs ., - -eptahe to i.ertster tHi ;ball :nchsde a standard rnnngage <br />clause in fn::.x :d a; .r. faun ucxptabie :,; i.c:,cttr t_cadcr ~.nx::.`.a.r the right t., bald iht pollees and renewals thereof. <br />assd Botrouvar shall promptly furassft icy Lcadtz ail renewal riatsccs and ail rtcapts of paid premiums. In the evem of loss, <br />Barrrwer she!! gtvt prompt rtoticc t.> tfic imurancc .arncr end ! rndrr, i.tndtr rnax matt proof of loss sf not made promptly <br />t~rrlew Lendtr and Barrawtr xherwsu agrtr :n .,along. inwrance lxrxceds shall he applied to restoration car repair of <br />tirt Propene damaged, ptovttkd .u..h ststanuxin in repast .s cct±n.amicatly tcasshle and the xcuniy of thrs Mongsge is <br />nest thertsby impaired, [f such resweauan ur report a m:t ,-c>~rtamtcsll5 ice<thk ar .t the secunty of shre !.iartgagt would <br />be iaspaitnd. she tasuranct procttds ;hall *t appkttd s,> the sums ,r-;:rt:;t by :Psis Mangage. with the esceu, if any, paid <br />to Barrorer. if she Ptxtpeny ss at*arxlaned ns Etarruwes, ,., ;, Harrower ?aria to rtspand to Lendtr wrdim 3Q days tram the <br />date ixsticc a maaSed by Lendtr to Borrower ;hat the :nsuranct ~arricr ntferx sn xrttt a claim far insurance henefits, Lender <br />:s assthariud to collect and apply the msurasicr proceetrs at t.ectder-z option artily to restoration or repair of the Property <br />OF to tNC aiRaS SLC4Itti try" ttir$ ttaftgi~. <br />Valets Lender grid Barrowrr othesw tsc agrrx sn u~rrtmg. any such appiitahon of proceeds [a principal sliatl not extend <br />ar postpone tic dix date of t!x itsersthly sastailmtnis rrftrrcd ro sn paragraphs i and ~ hereof or change the amount of <br />such iastattrrxatt. If under paaagraplt i S hereof iht Property <s =c-s}atrtd by [,ender, aN r;ght, title and cataract of Barrowtr <br />in asui to am ttrsurauct pakiota and rn and to the prtx:Exds thtteot resuiung from damage to the Protxny prior to fix ,ale <br />err ac~rtisirion shall pass to ltaa>~ to the z,itent of the sums secured by thu ~iartgagt ~mmtdiately pear to stKh sie{e nr <br />6. Prtatn'a~aa tsar ?Name at Prri~erty: [.eaaseMdtis* Ceobria~ Ptssssaed Dais ~ Borrower <br />stladi its rtx Prop<Rtq is goad repau aed shin's act canunir waste ar permit tmparrment or daermnuon of tilt PropeRy <br />apd sbaB eomp3y w~Yb tart provisietns of any tease :f ;tits Mortgage rs an a leasehaid. If this Mortgage is on a umt in a <br />ciuat ~ a planned turn dexrioprtttat, Btsrrewtr sisal! per€csrm alt of Borrower's nb{igauons under the declaration <br />rM ~+taants cstatiag ct gnv~rax~ rht ~t?ttdomtnsum or pianrcd ,;nst deutiopmenL the by-laws and rcgulaitom of the <br />c - ar pir~tasd irtAn dtvtiopr~n[, and consriraent documents !f a cundamisaum ar piantied srnEt development <br />risiea es taacxrted bf Ba~rrorer sad resrortied tngttlttr wuh this !llottgsgt. the covenants and agretments of stttlt riattr <br />+ lie _ iron a~.t s8ait amtrtd attd suppkntrast the sxvenants sad agrtxmtnta cf thrs MaRgage as of the rider <br />+~-a pelt heruaf. <br />?. !tlM e/ fa"a 9'• if Bottower tads io ptrtrsrm the txivenaats and agtetmen€s cantaiiu.,d rn thrs <br />~, ~ d a~# Pharr ar Ong is csrrssd +tr#.ch irtarernliy amts Lera~r's rtstarest in the Proptrn, <br />~, but riot hmeted to, cmiatm eltxnain, Ittas'tluettcy, lode enfatterntat- or arrangctatms air proceedings iavalvittg a <br />>t Or` deetdWlri. tiit(1 Lttndar aY t.euder's opt,Un= upSN1 iHHEt~ let Barrnwer, may make 5uCh appearntrces, disbumt stKh <br />tiulaNl sad talt~ assail asYx'm ns is titteaaaty trs prttte~t Ltrat~r'a ritttrttt, satiurfiag, but rim limited ta. dfdsttrstmt+tt of <br />rSAMala aitCrA@y`~7 b~ atsd rxrtry ttpasn toe Ptssisetty to malts rtpaits. ff Ltr~ rc4uirt€t. raortgagt insxuanet as a <br />tai t t s+~ by this flstrrgage, Bexrr'amrer shalt pay rite ptrmttutta req[utrd to maintain stack <br />+t-sa 3w k:.'t viral! 7>EA is as eke cegtau'trtst+.n for 3s zttswart~. icxrittnates in actordana'e wzris &trmwer's and <br />