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<br />81--~+~(a2318 <br />uwrto.,e f:ovasrtarra. Bortosret and t.esidar oovmstet and agree as taftowa: <br />L ~ # ~ ~ Llatsal. Borrower shalt promptly pay when due the printdpa- of and interest txi the <br />evidtaoed hY the Kota, ptgsytasoe and Usse charges as provided in the Nw0. and the principal of and inteteat <br />m attp a Attvaaeen ttecuted tsy this Martgaaa. <br />>t Itfa6 far To tttti brm~ Stebject to applicable taw t# to a written waive by Lecedu, Honawu sha#1 t#Y <br />~ £br tm ~Qay tamely it~8dentt tat principal atul itete-rest are paytehk under the Note, until the Note is paid in full, <br />a tt~_(Htts'efn "Futeds"i agoaf to tans-twelfth of the yarty'tusa and assesmt~tts which- tray attain- priority over this <br />dortp~, as! gcoemd`reots oe the Ftvperiq, of any. pile txprtwelfth of pearly Premium iastalirteents fm• hazard insurance; <br />pits ase~tsrtdith of y~rly premhme imNeta-for tnortgsge iawratsce, if say. d! as rteasa®bty estimaaed itriteaBy and from <br />timato-aims-h9 I.ereder m tae ism ~ apmmeass and taiils attd rpsombk tutimstea thetegf. <br />'tLe Fandaahr~ Fm imtd in as eustiteuian tltc daposiu or actxttna of which an ittaured or gttaraat~d by a Fe~rai ar <br />uus igpisy (~ Leads if I.Qada is stuh an etntitttteaal. tender shall apply tits i=tmda to pap- said taxes. as+sssmants, <br />inGwaape psttvstsnas std grwmd re1t;. trader may nM charge for so htaldittg and appfyipg the Fuada, analyzing said atxount, <br />~ vetffyitts sort taotnpiling tactf aramtoante ant! belle, tmkss Leader pays ~orrowu irstetest oo the Funds and applicable isw <br />ptrtatia ;Ardsr to tttdte stele s cltarre. liorrowu amt [ may agree in writing at rho time of execettion of trek <br />INortpage that its oa the Feutdt shall bs paid to Borrower, and unless rash sgreempnt o mme or applicable Itw <br />rsgtti[ea uaeh itgarmst to t+e paid, tender shat! not be ret}uired ro pay tiotTOwer any inttuea or earaitegs oa the Fvods. Lender <br />shatl gfse tp Aarrossar, without charge. an annual atxxnttueag of thr Funds sltswing credets nttd ttebiu [o tht Futtds std the <br />pttrpws fw ]Aside eaefi dtdet to the Funds was made. 1Le Funds arc pfedgad as ead;nanal security fat the soma saeuted <br />by t>ds liartgye• <br />U the tetaotmt of the Rtadt leeld by (.,cadet. tagethet with the future tewnthly instailtnmts of Funds payable prior to <br />the des dates tat tsetea, asseaarnenta, itetturaatx premiums attd ground tens, shat! exceed the attwtmt requited to pay acid taxes, <br />asssa~n. raxuanoo pt+ tted grtxsnd teats as .they fart due, each excen shat! lac, at iiarrrwer's option, tither <br />praaspetp rapsitt to 8erroeest or txetfited to Bortowu an monthly tnstalttttereta of Funds. if the amount of the Funds <br />isaad by I.etdsr shall trot 6e a to paq taxes. asaeasttsettts. inuurance premiturts and ground rents as they felt due, <br />Berrooer almlt pay to Irtstta any atnouat necessary to make up the deficiency within 30 days from the date notitx is mailed <br />by Leader to 8orrttwer regtststttsg psyraena thueaf. <br />Llpsae paymsm to fatt of all stems scarred by this Mortgage. [..ender shalt prompty refund to Barrowu say Ftmds <br />(teed try Leader. If under paragraph l8 ht:rnrf the Property is sold or the Pmpcrty is otherwise acquixd by finder, -xndor <br />abail ap~aty, tto [sear than iotsaetliatety pn+x to the sale tit the Property or its acquisition by Lender, any Funds held by <br />Lander at tits time of app~catiert as a credrn agatnu the rums secured by this ;Mortgage. <br />3. Ayiftarw ad Agysrt+aAS. Unless applicable taw prar+des sxhersvise, aif paytrtu is rexeivtd by te.°~r under the <br />Noss and pstsgraphs f sad 2 hereof dtal7 be applied hY tinder fits[ in payment of atnntmts payable to tender by Borrower <br />under pane Z itaeof, than to tptefeat payable an ttte Ntxe. then to the principal of rite Notes, and rhea to interest and <br />psstetapisi oo any Fracas A$vaacros. <br />4. ~ iittas, 8ortavet shall pay all texts, assexsmrnts artd other charges, fines and imposition, attributable to <br />the Prnpmty wiaelt [tray sacra a priority ova this Mortgage, aril ieaschold payments or grouted rents. if any, in the tnannu <br />peovsded trader ptuagsph 2 laueaf ar.:f v,„x paid to such meaner, by Burrower making psytaeni, whin due, directly to the <br />payete etteraof. Bstrarat shalt ptrataptfy ttumsh to t.ctttfet ail rtota:es of amounts due undo this paragraph, acrd en the event <br />13rrtxvs.u shad eeealte payment d+receh•, ttorrower ehsil promptly famish to Icntkr recripts evidencing such payttxttts. <br />lfr shdi pnt~dy dial sat lien c:3ttett hu prttutty over this Mortgage: provided. that Borrowu shall tioE be <br />retpt:red ro tfacissrgs arty such lien sa teneg v Barrowet shelf agree in xriting to ttg paytuent of the oWigasioit secured by <br />sOCh hen to a tnaeaat its to finder, to shalt in gaud faint comes! such Lien by, ar dele-+td enforcemwtt of such Nett in, <br />irgrii paazaa'~ise'r`e etas to prevrfat the enft3reerner+t of t#ee fern oe farfuture of the Property yr any pan thereof. <br />i Asurd leetstaaet. Bartxtwer xbail Aetga the tmptovrments new- exunng or hereafter erected on the Property itestued <br />agaert lea by Ace. tsratds tncttttkd wtthm the rum "extended eoverttgtr'. and such other hazards as txteder may requere <br />and is tttsch attmsenu and for sttcfi pertsxts as t.ttetffir may requere, ptovetkd_ that t.citder shalt not require that the amount of <br />suet! tsoverttg~e tsr~ that amount of caversgee required to pap tf~ rums secured h5' this Mongage. <br />'tht tasoraase cattier pzorfding the insurance shat! be chosen by ttorrower subp~Ct to approval sty Lender; provided, <br />chat sacb approval shalt ltot be ttmeawntebly withheld. :Vt premiums :n+ i:tsurattce pttliciea shall tx paid in the ma~:ttu <br />pttvviid emdsr ptua~aph 2..*~-_~t ar, tf z. ~e paai in such manner. by tiorrtraxr malting psymettt, when due, dit~tly to the <br />/4Y lawraettx pnleeiu tad renewals thereof shall be m form acc+eptahle to tinder and shaft ueclettte a standard mortgage <br />comas in favor of am rn fmm attroptaWo to reader. lender shaft have the right :o hasfd the porkies and reteewals thereof, <br />tmd Harrower shall !Y fnraesh to t.eadu afi reaewaf trotted and a}t tempts tit paid premiums. to the event of foss. <br />8onascer i1u31 give paatnpt rxatfce to the iitsuratue tamer sad Lender. lindcr may mate proot of toga iL not made ,promptly <br />by Ytttttwaar. <br />t3efatts fttoder affi Hnrrorrer rittseewise agree in wrrttug, irtanrttace proceeds shall be apptitd to testorattan or repair of <br />the f'raiaotp tiaasasad, provukd such terwratraa nr repair :s es:onamicattp fttaatble atsd tlu security of this Mortgage is <br />opt thawhY iaNtarirecf, tf such resurstion w repstr n tun ecsetearnseaiiy trasitde Ut i[ the stxurity of thin Mongage would <br />he impairw Mss inrttraace prtttaseda shall be applied to the stun: secured by [itg Mortgage. with the excess. if any, Peed <br />to 6orrprer. U rho Rrapprty b absndtxepd by Btnsowu, or if Borrower fob to rdptmd to Fender w+then 30 days from the <br />date taotite is tnsihsd by Lando to tlorrawer that sbe iterpfaiwC curio otters to settle a claim far ttnuratetx teetxfits, I.cnder <br />*; s~orsed to eoHatx sad apply the ittstsrattce pstaceeds st F.etttier's option tattier to rt~oratitm or repair of the Proptnty <br />a to rho scams sat:pted M' thir It4artgtyie. <br />tirtdass Leaditr aed igOrroarer otbeawise agrms rn wrsentg, eery such xp{Nit:atson of protxeds to principal chaff oat eattend <br />~ ptitttpeaa die dos dais of the tmatshly iottatHnean refuted to to patagrapM I oral 2 heron[ or cltangs the amount of <br />sash ~. if «tsdar parttgxaph t 8 herasf tits Property m at:gstired by Ltmtite, aif right, title and enterest of liatrowcr <br />es clad i4 stay ipaarstsx peslicies std sn sad to rfx prntxnds thsreo! rt:pdtittg from damage to the Ftopetsy prior to the sak <br />a aettpto® slglt pars tat Lsnda to the extsm cif the sustw secured lay thin Mortgage immedisiety prior tp such sale err <br />L ~naerstst6tw-sd Aitsidrsaaos eR lsepesryt l.eesdeatiR Cweiteadaiaarr; t~istsasd iJait- Uavtrbpestenb. ldorrtswer <br />Yrm ifssg ttte ' ibe gpo+fi repair aced shttit tent twmmh waNe or pstsoet +mpaumant or deterioratmte of the Peoperty <br />sad t#at>; tget'~lY whh the prott~as of any lest tf tbu frltortgagt is op a feushuld. If this Mt:rtrage is on a unit in a <br />teRft ar a pfsaaed tacit devdapmmt, Bartarscr shall petitxtn all of Borrower`s ab#igateone utaider the dectatatirtrt+ <br />is e~-~ ~ thr or ptamesd ~xtit ~velnt, the by-laws am tegufat~a of the <br />was ~ i~ vas, dsveipysxat. and rxxem[it+tetet doctrmedts It a catmdatnenium or planned tacit devefoprttetet <br />redK vE ~ 4y t#k'trtsssr asd retxudai tttttetieer wide this MongsPs, the covenants ass! agreeatenen of s+.rch risk[' <br />sMA~.b!' ~mfatgprlsp[d ittpa asd +msnd ami sr~tmtenr the aorestants and agremaeroa ~ clue itlartgage as tf tits redo <br />t+iaxs a;,part ht: <br />'l~ Tsalst.,g[ _4wairs~ ; ff BOSto+ssr fails to petittren aha ceveatsnrs std agtcaroa»is cOataetMd in this <br />1dWtttep+• ttr i[ snag sttiiiatp tx prooeedisH ea rnn+eowocM which tnatuidly a8sces t_ender's itttet#t in -the Property, <br />itschtdt~, hat mt d.tu, ttaaiemst tMaatsia, imolvswcy, code rnfartamteat, or atrangattaertb at ptoaae~sga involving a <br />tfit~-reaps. err tt~anGitt, Ana Letadar at t.;tatiisr's , etppa ttotioe to 8armsrer, tteay make such ap¢tesrances, dktbatsa suei+ <br />ttstaa and utSS s ttigiasr iw >a tatslsttuy eta pisatcct i.eader's tnterett, inclttditig. bid txx liatited to, disbutsentant trf <br />taGattotsb4e s ttaA r tapes the Ptaperty tta snake rclwirs. if frpder cequitred mtttegage itastuanee as a <br />of rdidrffi tlr last aasagtltd hY this Ftiort~, ttorrowcr shall trig the ~ required to mainttin xstcle <br />tstMStWSlittb fe +~tlwti trtattf- eNM- ~- tba- tvgt+izeesatp tot gets -iatausinao- tn. ~ with Borrower`s and <br />