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<br />81-s~~2733 ~• .
<br />UNIFORM CovENeivrs. Borrower and 1_ender cavenam and agree as follows:
<br />1. Faymanf of PAnciptd and Interest. Botmwer shall promptly pay when due the, principal of and interest on the
<br />indebtedness evidenced by the Notc, prepayment and late charges as provided in the Note, and the principal of and interest
<br />on any Future Advances secured by this Mengage.
<br />Z. F~ for Traaus ttrtd Insurance. Subject to applicable law ar to a written waiver by Lender, Borzowet shall -pay
<br />to Leatdtr on the day mdttthly installments of principal and interest arc payable under the Notc, until the Note is paid in full,
<br />a sum (herein "Funds^) equa# to cite-twelfth of the yearly tarts and assessments which may attain priority over this
<br />Mirtgage, anti ground rents txt the Property, if anp, ptus one-twc#f[h of pearly premium installments for-hazard insurance,
<br />phrs orte•twelflh of yearly premium installments for mortgage insurance, if any, all as reaganabty estimated initfa##y and from
<br />[trite to time by Ltndtr on the basis of assessments and bltls and reasonable estimates thereof.
<br />The Funds shall #sc held "nn an institution the deposits or accounts of which are insured or guaranteed by a -Federal or
<br />state agtncy (inetuding Lender if Lender is such an institution#. Lender shall apply the Funds to pay said taxes, assessments,
<br />insurance prtmiums and ground rents. Lender may not charge far so holding and applying the Funds, analyzing said account,
<br />or verifying and compiling said assessments and bills, unless i_ender pays Borrower interest nn the Funds and applicable taw
<br />permits Lender to rttake such a charge Borrower and Lender m,-:y :rgrce in venting at the time of execution of this
<br />Mortgage that interest on the Funds shall be paid to Burrower, and unless such agrecmcnt is made or applicable law
<br />reauirea such interest to be paid, bender shat{ noP tx required to pay Borrower any interest or earnings bra the Funds. Lender
<br />shalt give to Harrower, without charge. an annual accounting of the Puntls showing credits and debits to the Funds and the
<br />' purpose for which tact[ debit to the Funds was made. "Ihe Funds err pletigtd as additional security for the sums secured
<br />by this Mortgage.
<br />#[ the amount of the Funds herd by LCndcr, together with the future ma_~.thly installmcnis of Funds payable prior to
<br />the due dates a[ faxes, assessments, insurance premiurns and ground rents. shalt exceed the amount required to pay said taxes,
<br />assessments, :ruuranct ptsmiums and ground tents as they fart due, such excess shat! be, at Borrower's option, eiEher
<br />prttmptty repaid to Borrower or credited m Horrawer on monthly iastatiments of Funds. if the amount of the Funds
<br />frdd by Leisder shag not be sirfficicnt to pay taxes, assessments, insuran.^e premmms and ground rants as they fall due,
<br />Harrower shall pay to Larder any amount necessary sa make up the deticrrr.CV wrthm iD days trom the dste notice is mailed
<br />by Ixuder to Borrower ttqutsting payment thereof.
<br />Upon payment in full of a#1 sums secured b}• this 99arigagc. 1 ender shalt promptly rot"and to Borrower any Funds
<br />held by Lender. It under paragraph 18 hereof die Property ;< sold ar the Property is atherwue acquired by Lender, Lender
<br />shall apply, rto later thsn tmmediate(y prior to the .ate of ttne Property :,r its aiquisnion by (xndcc, any Funds held by
<br />Lererier at the ume of application as a credit against the sums ssc:ured by the Mortgage.
<br />J. Apptieatirra of Payments. Unless apphcabie yaw provides atherwn.c. all payments received b}• Lender under the
<br />Noss and paragraphs t and 2 hereof shat! be apptned b}. [.ender first m pasmern <,1 amounts payable to Lender by Borrower
<br />under paragraph '_ hereof, then to interest payable on the Mote, shcn m the princrpai of !i:c Nntc, and then [o interest and
<br />pnncipaE on arty Future Advances.
<br />d. Charges: L#em. Borrower sh:di pay .ell t xes. assessments and r•thcr charges. fines and impositions attributable to
<br />the Property which may attain a priority' ,zver rhrs \#ortgagc, .rod ieasch,~Fl payments or ground rents. if any, in the manner
<br />provided under paragraph_ hereof nc :f not yard ra suer. arannrr, try Barrt+rr-cr making paymera, when due. direct#y to the
<br />payce thereof. Borrower shaft promptly tarnish to I_.nder ail nuuces of smuunts due under this paragraph, and in the event
<br />Borrower shall make paymem dueciiy. Harrower +hall promptly furnish to t ,_ra.irr receipts evrdencing such payments.
<br />Borrower shall promptly tlis..hargc : ray ittr: s:htch *;as ;.r:arrt ,r.•er rhrc .Fars ~:rgc, prayreicJ. that iorrower shall not be
<br />required to discharge any such flcn ;.~ lung as Borrower sit:rtl egret rn .:nn:n>; h± the pa}-msnt +ri the ubbgauor. secured by
<br />sttCh lien ra a manner acceptable to Lender, or shah trt goad faith canteat such iron f+} cr cietend cnlorcement ut such Tien tn,
<br />regal proceedings which eyelets, is proven: the rniercrntrnt ut :;3e ?ten •.=r terfeiture of the Property ter any part thereof.
<br />5. Hazard fasueance. Borrower allot[ keep the r+npravemrnts ra+n esistrng err ncrraiter crrrteJ on the Property insured
<br />agsinst ions by fire, hazards mdudrd wuh+n :he terra --r+:cnded :oycrage anJ such other hazards as I_entlcr may rcyuire
<br />anti in such a7llasrtl5 and for such (xrnxls us under tree) reyurm, prcrrdeJ, that f cnsfer ,hsll oat rcyuire that the amount of
<br />such Cov°ersge exceed that amount .r! coverage ra•quueJ to ps} ine .gym, ,. ,ssreU he tbn Mortgagr-
<br />The insurance carrier pravtdmg the insurance shalt +~; ,.i,a.ru b} f},:err>~.cr sutsfr:t t.; appr-oval by #_e;sder: provided.
<br />that such approval shag not tre unreasrmab;y wrthhetd. :\i. prctnmms an rose=reitCe paiinrs r~.hall 6e psid in the manner
<br />pravtded under paragraph 2 hescot .; _, :f not ;?grJ m ,u fi nrararer. h-y Harower making payment, when due, JirecUy to the
<br />I[LSnraACC CarrttL.
<br />,9ii insurance poitcies and trnew.ais thereof shalt br m torn arcetuaDlc to #.cn.icr anJ ;hall ;nciude a standard mortgage
<br />Cause nn favor of and in farm ra:rptablc to t_nnder. Lender strati have the right tc hold the puii.ics ,md renewals thereof,
<br />atx# Botmwer shall promptly tarnish w I.Cndrt ail rCneHai nouccs arJ ati recctpts of patJ prentiun;s. In the event of lass,
<br />Burruwcr s'ha6 give prompt nu'uut to :Inc nau:autt-.artru ,ntJ ! cndcc. t r;:,ter r;ra} make poet[ v( loss rt twt nnaue pranptiy.
<br />by Borrower.
<br />Unitas Lender and Borrower uttxrwrsr agree ut :.-s:i:ng, rnsur:unce pncaccJi sh~il }x :epplrr;l ro res[oratiarr ix repair of
<br />the Property damaged, pruvrded u+dt res[rvauonr:r reparr a; ca+nuaueait}~ reavble .rod rhC security crt this MurtRage ns
<br />not thereby imparrcai. If such test~;.etu)r; of reparr ~. not e,o.tur=resell} :aasrittc ut ,t the scarrrty of thrs Mortgage waufd
<br />6e rmpaued. the insurance proceeds shalt Ue apple<d r~+ the sunxs xcurzJ t+y thrs ~tr,rtgagt. +rth the exCt;s. if anY, Pard
<br />to Borrower. If the Proper[} is aba,^.doneJ ins Harrower, sir ~t Har;oaer :a;is ;, ~rsp,uw t.; t.rnder wuhm 3Ct cia}s !coin the
<br />data nonce rs maded by Lendtx tc3 Ho:ntwcr !Rat the ,nsucan..r <arr,er [,flees to sortie .; cia,m for rn>ureuce henehts. Lender
<br />is nuthorrzeti to collect and app!} the rn,urarxc nresC.et:Js at ;.,cn,trr'a opt.,>n ruher t;s res[oratwr. oc repair of tiro Property
<br />or to tht sums secured by this Htsrtgagt.
<br />Unless Lender and Bonouar .+thcrwrsr agree :a •..nung, an} >uth apptrcat~cur t,t prtxceQs [u prrne:pai shall oat extend
<br />or postpone the due dace of the ans.r.ihi} msta(in:euts rrter,cd t,.:n paragraphs anJ '_ hereui tar change tree amount of
<br />such tnstalLnsats. it urtde: paragruFS is hire;;; ;tt` Proper[} ;s acyuued h} Lender, ati right, t.tle and interest at Borrower
<br />in and to any insuranct policies areJ ir. earl ne :tee prir.ctds ttrereai resutt:ug (rc .-rr damage to the Yropcrt} prior to the suit
<br />t1r.aCgttisiGan shall pats to Leader to ttxe eaten[ s+i the sutras secured by this b#ungagr immediately poor to such sale ar
<br />acgtnsition_
<br />fw kteaesvatfoa atad :4iaintenance of Propert}; txasehu#ds; loudoetitrlums, Planned l: nit lhvelopnscuts. Horrawcr
<br />sha## keep ifte I'roperry in gaud reparr and shall not cantina waste ar pcrmrt cn:parrment or Jaecioratian of the Praptny
<br />and sha## camp#y with the provisrans of anp kazc it this hlertgage is un a I,,,,:ch.rld. If this hturigage is uu a unit r.--, a
<br />cotttlslntinrum or a planned unit dcveioprietu, Borrower shaft pt:rfarru all of Hutcasvcr~s c,hhg:ruans under the deciarauc+n
<br />or cavtttants Creaintg at governing the eundunninrum at p;arned unit JeyelapmCUt, the by laws and rcgufatians of the
<br />cxwdtsrtJfnittm yr piant~t# unit ckvr#optrrent, and constituent dacutnt:nts. ff :+ contiumrnium or planned unit JesClopruent
<br />ridot F7 axrctrtsd by Bo€LasvGS sad recarttsd together wdh this Mortgage. t#nz covenants :md agrt•cntcntS of sorb rider
<br />sfttt#i-bo utcotparated tuts stns! s#tait atntnd artd suppletrn;nt the Covenants :toil agrt-cments o,' dis Mortgage as rf the rrdec
<br />woo a part 3~crawf_
<br />?a' Ptaafecflur of Letadar'a Sccuri;;y. #f Harroweef faits to perform the covenants and agreetuents contained in this
<br />Morrgatfc, ar if arty astitm or psonxcdittg rs eammenCCt# which mateeia#iy affects Lender`s vnterest in the Propett}•,
<br />itu;#rsdiLtg, but not limited to, eminent ckama#n, inso#vtns°y, coda enftrrccmutt, cir arrangemtnts cr priwted:ngs i;rvoivong a
<br />batt#ctU:~u ar desz~e#artt.- thin #xsadt~r at Lender`s option, open notice to Ht3rrcrwcr, maq rnaka_ sash appcaranccs, tiiis#tursc srn.h
<br />su+rts atzd [alto ~wh ~#kw as is en~mssxu}~ to pr:heet Ltrnt#er's ht€sr~t. inCtuding, but net timiteJ r,,t...?sst?urst.ment of
<br />raaaWa~k atoimoy's £era and cnuy tzp.xu the Property to tnaku u:#asir:. if t,ara#cr reyttir+:d nnnrtgaKC nrsuranCC a: .x
<br />-t~t`zrtat of niakutg t#te ttxtn zm:cut-Cd hr t$ts Afastgage ittxrur+rivr shalt Pa} rt:e prrmnusrs trq;,lrcd se rnauRadn st;tc#t
<br />ta$xtri4rtctt Ott a#1'itt't itAti# ?uctt turx: a= •' ~ rrgatrromant fat sur.h rntutanes teLminatcs kt aCC~rdancc w,rh NurrcwcL`z and
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