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<br />Unemtx Covexttvra. Barnrwer and Lewkr covenant and agr~ as follovva: ~ 1 - ~ ('! ~ 6 5 y
<br />Y. ! ~ ~ trai hMrattt. Bttrrawer' ahafl ptontptly pry when due the principal of attd interest on the
<br />isvides~d by the- Note, prepaymtmt and late charge as provided in the Mott, and the principal of attd interest
<br />art >~ Ft Advances :ectaed by this Mortgage.
<br />2. 111ItaU frr Tao M drnieaarte. to sppl+cable law or to a written waiver by Letrder, Borrawver shall pay
<br />~ iendR ost the day tttoMhiy itautdlmettts aE principal and interest are payttbk under the Note, until the Note is paid in fWi,
<br />a - "Frmda") egwl to ono3wetBh of the yesrty tastes and asseasmertts which tray attain priority over this
<br />said grotmd ~ the Ptrtaperty, if atty. phrs one-twelfth of yearly prcmitnn itffitallmeots €or hazard- insurantx,
<br />phta'dtartste#tiro[ pearly premiuat inualhnatea far rrwrrgrge imurarrce, if any. al# a, reasonablq tx[imsted initialiy:and traftt
<br />tune t+o by Leader on the hair of ass~msna and bills artd rcasonabk estimaus therttof.
<br />The Ftreds sba8 be 6drf in an inatitutian the dtaptxits or acewtots of which ate insured or guaraaaxd by a'Ft~deral or
<br />atat¢ ageircy fincttr~og Letxkr if Lettdix is such an ittstittrian). Lender shad apply the Fttnds to paq said taxes,. ssswmenis,
<br />iitsercaaioe P attd gxotmd rents. I~r rosy not charge- for so balding and applying the Funds, analyzing said account,
<br />or,ter~iagawl toatpAing said asrasmranta oral bi0s, unless Lender pays Borrower interest on the Funds and applicable Ittvr
<br />permits' Latdw to rate sacFt a charge. Borrower artd Lender may agree in writing at the time of executitm of this
<br />Mdttgage drat interat oq rtes Fttttds shall be paid to Bwnxrver, arm unless stx6 agreement is made or applicable law
<br />t~h intaamrt to be paid, Lender shall not tse required to pay Borrower any intsrcat or earnings oa the Eustis. Lender
<br />rirt{! give m Bttrretwer, tvtihout charge, an armual accoutring of the Funds showing credits and debits to the Fttttds and the
<br />pterpttaa #ortvhidt ~ dot to ~ Funds was made. 7tee Funds are pledged as additional security for the sttrm secured
<br />by this Mortgage.
<br />Tf the anaunt ~ the Fttttds hem by Lender, together' with the future monthly installments of Funds payable prior to
<br />the due darts of tatter, asstsrsettenta, ittwnnce premiums artd around rents, shall excrxd tfie atrtount required to pay said taxes,
<br />ata~ats, iawraatx ptemfutm and ground rents as tbep fall due, stilt excess steal! be, at Borrowers option, either
<br />peompdy reptdd trf Bormwtt sit credited to Borrower on monthly iristallrrunu of Funds. If the amount of the Futtds
<br />httid b9 Lender shalt trot be sttBFcistitt to pay taxes, apessrrttmn, imurattce premiums and groutsd rents es they fall due.
<br />$ormwez shall pap to Letader any amount necessary to make up the deficiency within 3b days tram the date notice is mailed
<br />by Lamdar to Hotsower repainting payment thereof.
<br />€Tprtts paytamr is fail of all atom resoled by this Mortgage, Letuier shall promptly refund to Borrower arty Furtds
<br />paid by Letder. Lf ands pttngrttph 18 hereof the Prapernr is sold tx the Property is otherwise aegmred 6y Lender, Lender
<br />shill apply, tin Inter than imgradiauly prier to-the sale of the Property or its acgtnituuon by Ltoder, any Foods held by
<br />tawlet at tbs time of appiicatiaa as a credit agumt the att~ sectund by this Mortgage.
<br />3. AgpYraYan sit Uttkss ttpplicabk law provides otherwise, all payments receisxd by Leader under the
<br />Noe sad parttgrapln 1 and 2 hereof shah be applied by [xn~r first m pa}'trtcm of amouau payable to Lender by Borrower
<br />tinder paitsgrap6 2 hirneof. then to mutest payable on the Note_ then to tht principal of the Note. and then to imerest and
<br />principal ar saq Ftrtrte Advsnna.
<br />4. ~ Ii1i. Borrower shelf pay all taxes. assessments and other .barges. fines and impusitionx attributable to
<br />the P!'opaRy which may atLgt a pnority aver this Mortgage. and leasshaid payttuats or ground rents, if any, in the tttamur
<br />provided tinder paragraph 2 hereof or. if ncr paid to stash tttanncr. hp Horrower making payment, when due, directly to the
<br />payee d.:reaf. Bmrarra shall ptomptfy furnish to Lewder all routes of arwsunts slue under thrs paragraph, anti in the event
<br />Bormsrer shall matt psyeaeat tluectty, borrower shall gramptty furnah tt, lender receipts cvidettetng such payments.
<br />8arzatsser shall pr~ty duchm'!K arty Tian which ?tar grtarny ovCr this Mortgage: grovsdsd, that Borrower shall nar be
<br />regttisM to diat~argt say such lien so Iona as Harrovvcv shaft ague to vrtttsng at the paytncttt of the abligaiion securei by
<br />such line in n trtt~ acccptab;~ to !.cadet. +sr steal! in goad faith tartest such ixn by. ar defend en#oretment of such lien in,
<br />lags! patxeedirtgs which operate to pmcm the enforcement of the iten ar fotfaturr of the Property ar any part thereof.
<br />S. Haaartl hsarraoee. Borrower shall keep the improventeon raw ex isuttg w hereafter crated an the Property insured
<br />> loo hY fire. ba:ards ineltetied wtthm cite term "cxtcndcd coverage". attd such atfier haW;ds as Lender may require
<br />-Bd in ssisxt amtsuatt attd far such periods as Lendu may requtrc~ prm:Kled. that Lxzukr shall na rsquirc that the amount of
<br />such-tasverage esaxei iGat amount of caxverags regtstred to gay the sutra scs:urcd fiy eftts ltiortgage.
<br />'IBe imuraaoe carrier providing the ittaterancr shall be chosen by Horrower subject to approval by Lender, provided,
<br />~ such approval shall tint be unreasonably withhcW. All pmniutrta :m inaurarscr polices shall be paid in the manner
<br />pmvidisd trader parsgnph 2 hereof ot. if titx peat in crib tnaaner. by Borrower mating paytneat, when due, directly to the
<br />itutnaaste carrier
<br />A@ >.poiiciera sad ttutesssis there-,t chap be in form acceptable to Lsrtakx and shall snctude a standard mortgage
<br />eLuaa in favor of sad m tnrm xcsptsbk to tender. Leader shall have the rtgbt tc hold the paluies and renewals thereof,
<br />and Bttsasnvm shall promptly ftutuah to i.ettxfer ati rcncsval rtottcss attd sit retxipis of paid premiums. In the event of loss,
<br />8wsowar shall givt prompt notice to the tmnram:s urrror atsd :.exttler. Lender may Woks proof of lass if not made promptly
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<br />tJnlwa Leader and Harrower otherwise egret in writing, irtsurarrrc pratxeds shall be applied to tesioratwn ar repair of
<br />ilia ~+P"aY daawged, provided such restoration ar repair is ceonomically feasible atul the rectally of this Mortgage ss
<br />oat thisetelty iratl. If such restaratiots or repair u test ecs>nntuiaally feasible ar tf the security of this Mortgage would
<br />ba its~airrA, the ittawanae ptos>eeds shall be applia<l to the soma secut~csl by this Mortgage,.with the excess, i6 any, paid
<br />t4 Harrower. If rtes Ptttptttty is abaadaaed by Harrower, or if Borrower #atls t`v reapsmd to Lender within 3U days from the
<br />data notitu is mailed by Larder to Hortuwtr that tfu inauratw:c carrier atlera ro settle a claim fox ittsurattre benefits, Lender
<br />es.uiavtd to std apply the tasuranee praetxds at Lender's cellar either to teataratiim or repair of the Property
<br />or m the slrtml secured by ihN A9ortgttge.
<br />iJok[s latwYd' atsd Bartawu otherwise agroe in writing, say such applicaaian of prow to principal shah not extend
<br />ur prt4poaia rtes due Witte of the mmtfily imtailrtxnta refmxed to in paragraphs I and Z hereof or change the attwutu of
<br />suds i~A U tinder paragraph i S hcrt:of the Property is acgttued by Lender, all right, title a~ interest of Horrowsr
<br />in sad u+ say iWtitan¢t poli~t sad is3 and to the procteds therttaf resttitirtg from damage w the Froperty prior to the sale
<br />or atatpdaitiaa shall ergs m Leader to eha extent of flu slum s~ ured by this \7tmgage imiuediately prior to such sale or
<br />lllwlrststlsrt tttsi liihialaaastae d 1P'sapatq; Leasdtaltir C~ Pltt~eti Unit l3ev~dapaara. Borrower
<br />aiW ~ ma Property is good repaie and shall sot swatmit warts- or permit impairtttent or dcurioratian of the Property
<br />ad alMN si0a4_piy weir zhe prottiaioati of-any lawn if ibis Mtxtgtrge ix an a kaashaid. 1f tfiis Mortgage is oa a unit in a
<br />~ ea s plt~ad trout deveWirgent, Btxrowv shall perform al! et Hormwers ~ urtdsr the deciataaott
<br />ar s2v~rMq tsatmg or jpsvetnieg the caadaminium or planned attic dcvelopmsnt. flu hl'-laws and- regulations of the
<br />or pl>raad taitis deaselalaneat, and coruatttcnt doetrrnents. if a randonriaitmt or planned unit dsvclaptttett
<br />rids Nt eaaartad by Btartowar aisd recorded togatur with thra Mortgage, the cavcrwnts and agteemerits v# such rater
<br />tftrilliserCt~apdad itsW tmai sir{I amend,and auppkossrr the cevcuants and agreements of this Mottgagt as if the rider
<br />ruts! a ptd€#1RASOr~
<br />t. irrt el f+r~s If Bsxcower fails to perfisrm the cosnataaes sad agraemeats ceaaiairied in this
<br />stl[ H ttp;t achaG-.tat praueadia~g is cc>asraencsd which- ttiatsriaily allecis Laaderk ittter'est an th+c Prapctty.
<br />agtrtf,-hat out Bitiitad ta, eaaaraat . itwalvmst>y, cork eniarcemer:r, ar arraugeuaenta ar pruceed#rtgs involving a
<br />INrMtitntpi.ar dtioaint4 tltia tmtdat 8 L'r opiicsa. open notice to ahsrrowtt, may. tnalte sttclt a}igearartctes. disburse soh
<br />-sad rata resell adfaa as is ~ to prot*.>:t Lender`s inisresl, ttscit~, but tzar limitei to, tlisbnraament of
<br />ratprarsaitia attatfsy!'a Ens atad eht»sy tspssn the Ptatlatty let rnat¢ repairs. if l..crtakr res$tt#ted ~ insuisttee as a
<br />twdit.so rile kawe secuued by tl~ lrlottgagtt. Btix€awat sltail pay tlu prenairirm tequirrot# to truttttain sttclt
<br />.rlattis m a#. ttatd wcht timi- a tAe ter tsntrriaraa rerra7aaitC# to atxo~ax~ with- Barsn+ver`s and
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