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<br />tit+ttrottM Ctrvexarrra. Borrower ana Lcttder covermnt and agrx as falaws:
<br />1, I~ d rrWelMl road lafarayt. Borrower shaft PromPdY PaY when dtx the principal of and intetrat on the
<br />indebtedrtep evidenced by-the NsHe, prepayment and late charges as provided in the Nee, and the principal of and interest
<br />on aey Firtwe Advances serttced by this Mortgage.
<br />A Ftsdt left Tssesa aM 1(rtaosaEee. Subject to applicable law or to a written waiver bye Lender, Borrower shaft pay
<br />to Let.det ten the day monttrfy iattaliments of priacipal artd interest are payable under the Note, unhT the Nee is paid in fufl;
<br />a pxtstn "1?uads") equal to one-tweiftlt of the yearly taxes and assea+meaht which »tay attain priority over this
<br />Motrtgage, and gratmd reacts on the Property, if eny, phis one-twelfth of yearty premium installments for hazat'd iesuraarx,
<br />pins ottatwelith of yearly pranitrm imtallmenta for mortgage insurance, if soy, aB as reasoctabty estimated initislty and from
<br />time to ttrtte by (.Ender on the bas's of auesamenu and hilts and reawnable estimates tbereaf.
<br />Tito Ftusda alma be heb in an ittstittttiat the dsposita ar accounts of which are insured or guaranteed by a PEderal or
<br />state agettr, {including Leader if t.eeder is loch au imtitutionj. [.ender shay apply the Funds ro pay said tax«;assasrtttmta,
<br />irrattrancx pt'emiurtta and groortd rents. Lender may not charge for so holding and applying the Foods, artalyrrdeta said account,
<br />or vetifyittg and crnnpiliag said atmeasmertu and bills, unless Lender pays Harrower interest on the Funds and applicable law
<br />petmi~ tender eo retake such a charge. Borrower and Leader may agree in writing at the time of execution of this
<br />en`art~tBe that imatst on the Funds shall be paid to Borrower, sled unless such agmmetrt is made or apptieabk law
<br />rEgrtira such interest to be paid, Leader shalt not 6e required to pay Borrower any ieiterat of earnings on tlfe Fends. Leader
<br />shaft give to lisrroswer, withagrt charge, an annual accounting of the Funds showing credits arrd debits to the Funds attd the
<br />purpose far which each debit to the Funds was made. T7x Furtds arc pledged as additional security-for the earns secured
<br />by this Mortgage.
<br />Tt the amount of the Funds hdd by I.ettder, togtiher with the future tnonthty installments of Funds payable prior to
<br />the due data of taxes, attsearrxnts,reaurance premiums and ground rents. shall exc~ the amount required to pay said taxes,
<br />as7eMnents, instrrattce premiums attd ground rents as they fall due. such excess shall be, at Borrower's option, either
<br />prosaptty repaid to Borrower or credited to Borrower nn monthly installments of Furth. tf the artwtmt of the Futnis
<br />held by Lender shall trot be suiBcimt to pay taxd, assessmasts, insurance premiums and ground rents as they fall dare,
<br />Borroter shale pay to Lender any amount necessary to make up the deficiency within 3t3 days from the date notice is mailed
<br />by Leader Lis Borroxva requestfrtg payment thereof.
<br />Upon paymem in full of all surtts secured by this Mortgage. Lender shall promptly rcftrnd to Borrower any Funds
<br />l1eW by Leader. If under paragraph IS hereof the Property is veld ar the Propem• is otherwise acquired by Lender, Leender
<br />shag apply, no later than immediately prior to the sale of the Property or its acquisition by Lender, any Fttnds held by
<br />t.~der at the time of applicatioe as a credit agasnst the soots secured by this Mongage.
<br />3. ApYppaa d Pttysnerth, tlntesa applicable taw provide ntherwrx. alt payments received by Lender under the
<br />Note sled paragraphs I amt 2 hetr;of shalt be appbai by Lender first in payment of amounts payable to Lender by Borrower
<br />under paragraph Z. hereof. tlxn w teletext payable an the tiort, then tv the principal of the Note, and then to interest and
<br />pnxipnl on arty Future Advtnces.
<br />1. Cftasg~ Lfattta Borrower sltall pay ail taxes. assessments and .uhtr charges, fines and impositionr attributable to
<br />the Prapetty which ttsay attain a pnority over this Mortgage, and leaxhnld payments or ground rents, if any, in the manner
<br />provided under paragraph 1 hereof or, if not yard to such manner, by Borrower making payment, when dtx, directly to the
<br />payee tLoroot. Borrower shelf prmnptiy furnixh io l.ettskr all nauces of amaunu due under this paragraph, and in the event
<br />Borrower Shall make payment dircctfy. Borrower shall promptly tumtsh to Lemke reetipts evidencing such payments.
<br />BOrrosver shill promptly Discharge any lxo which has prtoruy over this !vfangagt; provided, that Harrower shall not be
<br />tegttsrsd to dtschuge any such lien w fang as Barrawer shall egret to wrumg to the payrtxot of the abtigwinn secured b"
<br />stx2a lies in i tnu axeptrDtle is Lender, yr shalt in gaud Earth cvrxcst such lien by, ar defend ertforCemcnt of such lien in,
<br />legs! prosxsdings whxh secrete to ixevent the enfercetrxnt of the Exn or tvtfeiture of the Fropeny or any part thereof.
<br />S. Bmrilaaasaaxe. Borrower shall kelp the improvements new txisung yr hertaher crated on the Property insured
<br />sgttitast loss !ry Sts. batatd6 ittciuded within the term "extended coverage... and such other hazards as Lender may require
<br />sect to such amarnts tout for stx:h periods as lender may require: pravufrd, that Lender shelf net require that the amount of
<br />such coverage exceed that amount of rnveragt required to pay the sums ,ec;ured by this Mangagt.
<br />'17fe itxwrance carrier providing tYz less!. x shall 6e chasm by Harrower subject to approval by Lender; provided,
<br />Shat st+ch approval shag not be utueasaeabfy wuhhefd. Aft premiurrts vn insurancex pulictes shall be paid to the manner
<br />provided err#r paragraph 2 tyxraaf or, tf sot paid in such mtanner, by Barrowu aeaktng payment. when due. direiily io the
<br />itsuraacs tiwRiw.
<br />Alt iowrates:e polieitx sad r~ewals thereof shalt be to form a:ccptabk to Leader ,ntd shalt include a standard mortgage
<br />Clause is favor of sad le farm aueptaixie to :.erniEr. Lertdcr shall have the right to hol..i fix po[ictes and renewals thereof,
<br />sled Borrower strati promptly furnish to Leruicr alt renes.a( rtotrces and alt rceeipts vt paid premiums, In the event of loss,
<br />Borrawu shelf give prompt notice to the ittsurartee carrxr and I.ettder. Lesrdcr may make proof of loss if nut made promptly
<br />by Bsu°rawsr.
<br />Unka Lender attd Borrowu otherwise agree in venting, insurarne pracceds shall 6e applied fo reswration or repair of
<br />flee PrapERy damaigsd, provided such restaruwn or rcparr is eCattomiCally feastbk and the security of this Mortgage is
<br />riot thereby i[ripaired. If such restoration or repair u not ccarriwsit:aAy feaxibic or tf the security of this Mongage wtwid
<br />be impaired, rite itssurartce proceeds shalt be applied to tF- turns stcureD by this Mongage, with the excess, if any, paid
<br />to Borrower. if the Property is abandoned by Borrowtr, ur it Borrower Earls to respond to Lender within 30 days from the
<br />daft notics ~ mailed by' Leader to &tnower that the iuxtiratx.:s carrier vtlets to settle a claim For insurance benefits, Lender
<br />is atrthorittd w vroltoct and apply tba insurance proceeds at Leader's settee tither to restoration or repair of the Properly
<br />~ to tine stems ssrurod by this Mortgsge.
<br />Ualcss tender ate Bortowtr otlxtv.ise agree m writing, any such application of prtxceds to pnrtctpa! shall net eztertd
<br />or postpone rho duo date of the rttanthly irtstafiatenu referred to in paragraphs 1 and ~ hereof or change the amount n{
<br />welt irsstallmeoh. If tinder ptatagraph !g hereof fix Properly is acquired by Lender, alt right, title and ineerest of Borrower
<br />in atsd to any itxstuaate policies and in acrd iv the proceeds thereof resulting from damage to the Properly prier to the salt
<br />ax aogt>µsitiort shall pass to Lender to fix extent of [he sums secured try this Mortgage immediately prier iv such sale or
<br />L IlapaxvaYai asr txf tl4atpertyt L.easYletis: Cottdomialsms; Plrrtrted link [kvelopmertis. l3urrowtr
<br />shah keep the Property is good repair artd shall trot =-~*+tn~t waste or permit irrtpairmtnt or deterioracian of the Properly
<br />sad shall Casnpiy with the ptavisiaEaS of aft)' lease if this Mortgage is as a kasehaid If this Mortgage is on a unit in a
<br />Ctatdosaiaitxpt a a ptann~ irnit devttvprrtent, Bormwsr shall perform alt of Borrower's abligattons under the declaration
<br />or covssints creaeiag at governing the condominium or planned unit development, tfte by-laws and. regulations of the
<br />cttndrrmisut~ or plartsed affil tlevslopment, and constituent datmtents. If a condaminitan ar ptanttCd unit dtveloptnent
<br />ridtn' fs saeetHesl by Botxttwer and recgrdeti rogether with flits Mortgage. the covenants slid agreements of strch rider
<br />atpl#>>Q ~ itno artd ahaU amettd attd suppiemnst rho rovtnants and agreranen[s of this Mortgage as if flit rider
<br />ware a putt bw+nof.
<br />?. t~ aE laglsr Sat:saitt. it i3orro<-or faiic to ptrfarm the cavtnattts and agreeaxnts coruain«; in this
<br />1-Eortytge, ~ if any asdiolt w pracesding n ixttnmertced which maferiaily affects t.ender's interestrn the Properly,
<br />~. httt scot titxugeti tti, a®eneut domain. irisalvettcp', cods tnforc-tnatrtt, yr arrangerrnnts or proceetliogs involving a
<br />~ daxdat#, lhett I.eadar at tt'pder'x vptiotti t.pon ruTti~ to Barrowcr. tray make su..h apptaraitCes, disburse sash
<br />stash and take such settee as ss a~sssar}° W prigsct I..atrder`s interest. ;niluding, but cwt iirttired tv, dislsur~mtnt o€
<br />sra~ah3e stt€otate}~`s f~ stxl entry upon the Ptopeny to make. repairs. If teit~et equired mcmgage insurance as a
<br />sartdAiait ai rpal[ing the ksan secured kry this Mortgage. Bontnver xhtdt pay flit prcmisatts rrgttircd to maintain each
<br />ionutocb le e8aot tattt'1-such lima as the trquirentattf for such insurances terminarts in accordar:~e with 13nrntwtt's and
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