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<br />Utvts3oait CoveN~xrs. Borrower and Lender covenant and agree as foltosvs:
<br />i. fAS~aft of Prlid~iti ad IrrMea+t. Bnrrrnver shall promptly pay when due the principal of and interest on the
<br />ittdebtedtteu evideoxd by the NtXe. prepayment and Sate charges ns provided in the Note, and the principal of and inferrer
<br />on atsy Fxxtitt Attvances secured AI` this Morigagt.
<br />2. Pdi tar 7'aiai wi 6~ota~ae. Sleb~ect to applicable taw or to a written waiver by Lender, Borrower shall pay
<br />1n itttzMr na tfie tfay retell±Hly instailtrxats of principal aRd interest are payable undtr the Nate, until the Note is paid in full,
<br />a stran (Herein "Fun+~") equi! to cmctWe!tth of the yearly taxes and assessments which may atesin priority over this
<br />Mortgage, slid gtntmd rents on the Prciperty. if any. plus ono-twtlfsh of ,r'early premium installments for hniard insurance,
<br />pHn wtwtwdith of vesfy pirntium instaitmmts for mottgage insurance. tf any, ail as reasonably estimated initially and from
<br />tittle to time by L.t~r osi the tsasis of ars~mtnta aRd }?ills amt rcasonablt estimates thertof.
<br />Yile Funds shill tx t1Nd in an institution the deposits or accounts of which arc insured or guaranteed by a Federal or
<br />state agency finclftdFng i.en~r if Lcndcr is slfch an ir><sntutinnt. Lender shall apply Elie Funds to pay said razes, assessments,
<br />insuraner prctnitlma and ground rcms. i..exidcr may not charge tar so holding and applying the Fonda, analyzing said account,
<br />or vtrtfyistg and compiling taiil assf:sattrmts and tziits. unless 1_endcr pays Borrawcr inters( nn the Futrds and applicable law -
<br />permita t_tttder in matte ouch a :barge. Hcirrower and I~nheT may noire ir, wri4tng at the lime of execution of this
<br />Mortgage tHaC intttsi ah the Fnnds Shalt ile paid !a BOtTQW@r, and frnteS3 such agrtemtfn !5 fil8de Pi appiJCabIC taw
<br />rt4lUtt'QS titrch rnttrcsi Pa tle prod, Lttldtf 4hAlt RUt I3e re(IUfred tU pay iktfri)wCr any Sitters[ U[ earning4 Un ttk," FUnds. t.ttsdcr '
<br />shall give [a Sottower, wittwut charge. an nonfat acca:umirg of the Funds showing c:fdits fmd debits to the Funds and the -
<br />ptitpose for whfcit each debit to tht Funds was made. Tht Fumts nee pltdged as addiu<mai security for the sums u%urcd
<br />fiy this Martgil;c.
<br />it the utrwuat of the Fr?rtds hefd by Lenakr, together with the future monthly mstaltments of Funds payable prior to
<br />tlx dot darts of taste, axsesamtnta_ insurance ptemrum,s and gnsttnd rents, shaft exceed the amount required to pay said tarts,
<br />aaatESaraitsrs, inwrae-x premiums xtd ground rents 3s 3hry iatt due. such excess shat! t>e, at &xmwer's aptian. either
<br />promptly repaid io Borrower or credired to Borrower ;m monthly mstallments =?# Funds. ff the amount of the Funds
<br />txld 1>y Ixtider shall rxx PJe suffeeicat to pay faxes, asstssmcnis, insuracfcc premiums :+nd ground rents as they fail due.
<br />Bortowtr shall pa} to l.cttder any amount necessary to ma0e up free detiuCnGC within .t7 days tram the date notice as maiitd
<br />by Leader to Bnrrowtr TLgilCatftlg pzymrnr ;htreet
<br />[3pon payment m foil .at all eaters encored h} =has Lfnrtgage Lcruier shah }sramptly refund t<) Borrtwer any Funds
<br />held try Lcsider. {I utsdEr piragnph ! it heron! the Prapetts is sold isr 3i3r prapertt ~, ,Jtixrwise ac4u~red by Lender. tender
<br />sbaU apply, no icier than Emmedfafety prole t.+ the ale rn the PaJpen} ~r ns :scqutsf[son by I.cnder, ant Funds held by
<br />licatroa as a credit against {ter sums stcurYd by ihfs \ttJnga¢Y.
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<br />~. .ipplkatlaa of Pay~itiY. f: nlC%.S appltcattfe taW ~Iilytllta ,`f tfa'rw 14C. .k{) peg mCntS rCCefYed hY LCndifi UUACII lht
<br />Nola ata# patagripHs ! neat 2 tKfCOt shall t,e applru try t order t?nt ;'f 3Jay RlYnE .+, atna>unts payabtG to 1_~ndtr by Baflawe[
<br />ilndtr paragraph ~ hertrcif. then !a in[Crtat jJayaft{C sot rite 11<)7C 'hCR t~) ft:C pnflrtpal t+E Elie !`7aSe, grid ttren l0 1nfCfESt arld
<br />pnnapai Vtl am Fuxutt ,4dvnncts.
<br />t. CCSOtgii; tJaw- BnrrTlwtr ~haPl )?ay af{ t.f xry..~sseysnren{n .. nit :+ibcr : harkcS. tines and ~mpositzaRS atv3bmahie to
<br />Ih6 Prnptrty :YHeL`h rnry aiiatn A prxsni}' !?Ytr (h4.4 ',yl{3rrg:iaC, .ind tlasct)\*Id t*aYtnCniS i~? ,Y,raVnd tCnfS, tf any. In the martini
<br />prrnufecf itnakr pata~aph z tarsal .?r. ~1 rcx paJd En sfJJ:h manner by Her;rs?aa-r making pa}mtnt. when due, dirtctly to the
<br />payse tht[oof. Bort'L•svtr shirt pftaispth (arnrah to ! ender sit +fc~f>s-cs s f .{m<tunts ahx :ufder ihfs paragraph. and in flit event
<br />Bwrower shall nulte payment dtrcctiy, ba:rrrwrr shell! rn)mptiy !{:m3ch f,. i~°ndcr rrctfp4s rrEaierumq sfnh paymrnis.
<br />Bortosvcr stint{ premptty diauHargi any ?a:it ~:~ha:.h nas pru+nt4 =~rrr flits '<toYrttagc: ;>ravfded, that kkfrrower shag nix tx
<br />r><ywrfed iu sttaza9rirgt ang such ilea .siJ 'tong .fs ficrriraver Fhaf{ agree ,:. -~..-rvt3rg ;.- ;he rayx:ttnt .. , ±hc .±btzgatrm =6°rureif by
<br />such lien {n a manlier ac«pbtdt Eo Lctidtr, awe +hui1 rt gt~ri r.tnh .s'rnrstr .tf_h sErn hy. nr .'.efenil cnt,rrcement <ri +uch lien m.
<br />legal ptc3ccedrryp wtuch operate ?< ytcvYOr thew cnft+rcYfmnr I,t +*+c =rrn .~r n-rte:tore :Jf the Yrr-perry ,Jr .fny pea theresel.
<br />@3. f3aitarr• t1Ne1•att. ttnrta}faYY Sna1t t.ECp SnC rRiyrl+yCttlrn[s sa:.s ctry{ft,}' r+r lxrca[itf C(et teGt r+n t{{e YTrrpCity 4RSnrYd
<br />d~ilitlar }t$S2 PY hR. ha7Jfrda ir1C #rHtf~C wiftttn the tCriri - cctc^tSf~aF atJS'fi altC and ;£JVh +rifKf hszard: n4 Lrffdef racy regif ift
<br />amt zn sIKH am}aunts ani# for such perEa)eis as t ender n.:a} ?c;;uirt• ; rt+:zdrs!.:ha4 t ca{kr +hal{ tsar rCyunC ?hat the amount cif
<br />aUfti ct?y'erig{ exCrXxt that amaJtmt ..d <(rf.et a¢C roll{ff€cd ter p#} ?he ;:uzr +ec:crest ht t'tii Lt arigagc
<br />The rmurarrct carrrer proridtn; the f?xaui'nnce shall he hsJSen r;~ Bon'.,+er ,tzbtrct to sppruvai hY t em3er. provided.
<br />that sw:h appxYat =hall Tf€u !?s 3x~ea~snalrly ~>i~ithhsld- A,# ;rsm{Et3Tt*..-zn enwr~cce ps~t{ores shalt :~c nand :n rtie snanrftr
<br />proYidcd UOdtr parigraptf T tftre[Jt xJ(, ,f tH.K paid in `;tits tnanaxi, tiff #tf}i T<iwCr mtiE nT#4 2?a}'mcnl, wnCn due. tS.TCi=tCY lU Silt
<br />ifiiUra~GY' Carrltr.
<br />All i2tiUf'i41Ce pWu;xa and ieflew3t3 rife: rte". shall rte !n t:)TnI si,r#:Ye@te !zI t Cni,7Cf seed Shaii .rf:'7tfdC .f '-t.andaTal 1?i[)rt~agC
<br />tlairit m fiYOr of and in taint a4aYpia#5t! tU I.C'tx{tCr f-rFe{tCf st3aii list t' [39C right u+ })ltd the p<r1SE:eCt and rerxwal4 EherCi)t,
<br />lSwtf Stint pr/Mnpfty CUItitOlf t0 FRfidCr H7l iCTJC?'al tSOtt~CS :+itai ail FCftipr5 i){ €3$id pIC1fJIiSr#is. In YttC CYY n1 SJC t~fati,
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<br />tinicaa I-mutt cat tiortuwlf (Vtltl^w 1SC BQrtE to .a {nillg. iriyUrairaC pfcneeds 51JafP Eft .lpplrttf 1ff fCSt6ratirrn ,Jr Ttpatr t1f
<br />the Prc>Eigety damESged, pmvitltat srwh reaturaiwn Ise icpaaT = :'<x?3xsrnicatty Feastbit attcf *. tee Seeurtty of this Milrtgagt iy
<br />riot tbcraby impiircd_ tt sits:h rtstoration ur rYpuu ;s nw cewmarmn:a{iv tensible Mfr tl tht ~i;unty of ihfs Murtgagt wnuld
<br />6t empstred, tl~ itsiuraarx proceeds Shaft ter applied t.> t4x sums secured by tHia MongagY. with the excess, 1! any. paid
<br />ro Burtovacr. tf the Ilttsperty n ahatJda3ned by tt;+rrer,+.rr..sr :s f~rT.-Jwpr taxis to rtxp:.3ted t,> t.rnder wrihm 3tt da}s tram ttir
<br />,tail tiMiCe is mach! by Lcsxler to 8iurtwer that atiY rtusutaxi{:e tarr,er ntltrs to setttt a c{afm for ;nsutarx:c hcnelitx, finder
<br />fa authare~d ttl eOlktt aad apply tilt cEtMlfit'N.'C ptueceda st 1 eRifrT 3 t+pltVR rtxher tU rtbfofattan 1>i fepatf in !tH YYOpert}'
<br />~' to the auras fcctired 6Y fll~ Mortpige_
<br />iSJakat Ltridtr and BamYwrer <>tlierw cat ,faire :t) ~nnng, any rxiah spp,tiatiun ,>t proceeds to pnitctpat shaft nut exict.d
<br />or poppunt rtie due .tact 4.f tint monthly matai#meiias cote?TCYt t: .:, }+aragraphs and, nests*t .). :hange the amount of
<br />birth 4nit/~tme9tf, if undET p~atagraptl 7 $ I?eTd3F ltiC 13fUpeFli- ea il4tr:rYxi tt} t.CRttrr_ ,fit Cf gftT, rltle afld rntefeit {wt BUfFt3weF ~t
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<br />to cad tO ag}' rtlnirtanC't potrerei ifld i4 and f~' ttTC pttfs:Ceds CtICfCS?C rC]tf ittn~ tenor .ta Rfa({°C tt+ itte YTOpeftY prlteP t0 IhC Ratt
<br />C{r ~ r.Iritt paw CQ t.eadL3 tt! Uft C.trent JC r1X 3YYraa 4tY:11fty '}) tttRy ~ttXtgagC +niilfeattaTtt*' j{Y US[ '_.r +u{„tl a;atC t+I
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<br />i. Eittstattndtia »M ~~iotiaiiwce of Property, LcapitaiEte: t"~t4 phsax4 lisYi IDir.eiaptairtta. Barmwer
<br />sEuti >totg ttst Pixapttrty to *tatld rtpsir and sftiti [ia :asrimtr °.astx .>r pertwt ,mpafrrnerJt of deetrionhon at trio tlraperty
<br />6~1 G7~}' ro$Il itlt prt/rtWi3F~ f?C 9a} hditC it (His fat S,rrgagt .~ Ertl s ECaactiiNd. l1 '?itS stisn PaFnte i C)Tt .i unit E[i 3
<br />tJr a plasrlitt tm}t t3tvtfi,ptritni. fla3rrawtT ytiatt P'x r#:=rm nll .*4 iinrrowrr s .*talfgatx~oa {rattle rite dtelarif ear}
<br />9r cgr!tiaalWt T.attimM Of guYOCnmg rttK L'ayrMttlnTmr4lm ar plat.ned !rRit SteYCn)pRitl/t, ttiC tJt-{iyYa arW fegttiatians yJf lift
<br />dam tar ptaoaad U~ dictGtlplrsnTft, end scJnssn.aitrft docunxuts tfi a S.c3Ttdfwntnnim or j)tanned 3roR 3tevel{~ptttetlt
<br />i TS tan tiff wai and ttcofdtd f 3gltf4itr ssfm iota M 1r4gige' ?lie tiaYt[ianra a[id agLCemtnta .3t StH`h elder
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<br />Y!'trd. i port HN~iiGf.
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<br />'1!. Paeladoa d lariiie'i •'^~'~i• if fttSYY&fV4tf fitl4 fn ptr#QfAn fCSt iiJ1'tnallt3 iritt a*fCtmtnCa ~a4TtAlfSCd 4n ihfs
<br />rs :wtaffts@Ticod ;.hrch mattrtal}y :tduta Lenders :nttfeac in iht Nrapcny.
<br />~. asr if away atsitei w ~olcett
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<br />iii f?9t Itutacid trf. t3ttii9C'n{ taesa~}aa. fnXlla=t1iC). Li~^ l,Yit43rY$nlCrit, :)r ..lr ra[t~tmGntB c!r p{Y,fnjtJt [FtYpiS'i:{t[ d
<br />~ disea>r>~. xhm Letidar rfC (..wader s option, upon t}Utice fa Bt3rrtirWer. [naY mast ninth app[aratiCea. ~tatSnf3C T{t~h
<br />$t a~ tal[tP l,YYM a#tEYa la is n>EaX'Mar7 to pttytP.'Ct. i.tixter i rilCtitit, :nc'Ir}xiiIIg, relit ttckt PET}ltd ill. uiSbUtatJmCnt f`sf
<br />tt7r~pttldA+t attefwe~'s-Ewer an8 entry it¢4o nfit Psuperty fo ntelre region. I! fcr}dtr rcyuired r3p»igatft inwsana:c as a
<br />r~ ref ritlail:arig tlMt F4irz vt4.ut'ed try :his Mnctgagt, BYtTt'Ylwrr stint pay :ht pstmwma reriuffsttt t:'. ntaintam catch
<br />iaa7iaF to uAKt tAttil irrtti Citae ill f#la t~uhemant 10r afach kJSRtfiriGt 4Crrr#{natta 'n aC€farditKt Yttf BirtTt+A'4'1 S amt
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