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8I-UU322K
<br />UrrtFOani CovrNStvTS. Borrower and Lander covenant and agree as k)llaws:
<br />i. Pl~airtgt of Pt1acl~ni and IMeresf. Horn+u~er shall promptly pay when due the principal of and interest on the
<br />ittdtbtedness evidenced by the Nate. prepayment and late charges a¢ provided in the Note, and the principal of and interest
<br />on any Future Advances secured by this Mortgage.
<br />2. Panda for Tana and Igaarnare. Subject to applicable law or to a written waiver by Ixnder, Rortawer -shall pay
<br />to Lender nn the day monthly installments of principal and interest are pa•ahle under the Note. troll! the Nate is paid in full,
<br />a sum (herein "Funds"} equal to one-twelfth o[ the yearly taxes and assessments which may attain priarity acute this
<br />Morfgage. anti ground rents on the Property. ;f am', phrs one-twelfth of yearly premium installments for hazard insurance.
<br />plea otte•iwdith of yearly premium installmen[s for martgage insurance. if any, all ax reasanahiy t¢timated initially and from
<br />time to time by Ixnder an the hastis of assessments and hills and reasonable estimates thereof.
<br />Tits Ftmds -shalt be heSd in an institution thz dzpasits err accounts of which arc insnmd ur guarrmted by ~ ederal or
<br />state agenec {including Lender if Lender es such an institution?. ixnder sha31 apple the Funds to pay said'taxt=, assessments,
<br />insurance premiums atnf gratuul rents. i.enrler may not charge for so tiaidmg :endapplying thz Fends, analyzvagssid account.
<br />_+r vtu'ifying and compiling said assessments and hills, unless [ceder pals Aorr<~wer iniere.t on the Funds and applicable law
<br />prsmrts Leader [a make such a charge. iiorrower anct Lender mn} agree ~n unnng at the nme of execution of this
<br />Mortgage that interest on the Funds shalt he paid era FSFrrrowcr. and unless such agrzement is made or applicable law
<br />requira such interest to he paid: Lender shelf eat 'rc rtuurred o, pass B.srrnu'er an:' intcrt¢i or earnings un the Funds- Lender
<br />shalt give to Bnrrawer, withnut charge, an .mr+ual ;eecuuntme i~t the Lunds +houing.credrts and debits to the Funds and the
<br />purpose far whmh cash deMt t,i the Funds uas made T'he funds .ur pierced as additional secutit} for the sums sauced
<br />by this Mortgage.
<br />If the amaunt of ;Fee Funds held ny t.endcr. t.rgcthcr urrh the +auurc m<mth!~~ installments of Fr:nds paynblc prior t{f
<br />the due dates of taxax, asseszmems, insurance przrnrums .urd crnund cells, >hati exceed the amount required k} pay saisi taxes,
<br />asseasnteuis, insuranct premnims and gmrmd rents .,+ rhrx i>il due >ttch rxctss shall [x, t Barrowtr's upuan. either
<br />ptatnPtiy repaid to Bnrrawtr of credued t., &+rr.+utr ,,n rrrnuhix :n.t;dtments ,tf Funds. Tf the .imaunt of the Funds
<br />hale! by Lander shall oat he sufficient to pay raxes..issessments. instrcan~e ; remmms and ground rents as they fall due,
<br />Battower shall pay to [xruler any amount nececsar~. a= :nai,e t;p rhr ,icri. Y: r>zc ughui ?0 d:Fr., Prom the date notice is mailed
<br />by Lender to Burrower rcgtresung pa}ment tncte„t
<br />Uptm paytnem in foil ,+t all sums +tcured t~, ..., :t.*rtar i ender ,i:al~ ^ronipity rotund to Hnrreswrr situ Funds
<br />held tr}r (.coffer. If :ender paragraph I K her ct the Prr+'+tr*•. ~... .., ,.._ Pr'i>zrn .. ,rtherwr>r acyu,rcd by Lender, Leader
<br />shelf apply, na later than imntedratc!•. ;nor ,n the -ale . , ;he ~t'r.:na•..+•, .. -~:..,.yutsiu„n h} Lrndcr. anx' Funds held by
<br />Lender at the ;imt ref applrcatiun as a credit a$arnst me ,liens ~.::rc.i r~+ th,> Si.~ngagv
<br />3. A~ceatlloa of Pape. Cn}cc¢ appucaht€ ~,:+ -. -r.}>tz .:,;arena- .,: -saemem. r{~tr.cd ~' fender under iha
<br />Nate sled paragraphs i and 2 hetecF shall he applied he I rnrt~r ;:-.; :.•, {~.esrnrns ,~t iamour:ts payatrtc t,r I +:mdrr h}' ilorr.,sver
<br />under paragraph "_ hertaf. then to interest pavahle ,~n the vnrc~ ?her: ;., th,- prentrpak ::t the Kate. aml then to interest and
<br />prirrctpal on any Future !dueness.
<br />#. [~aa: L4os. llnrirruer ,hall ;•a:' .di '- cw.rnrrn ,sae ~<nr; , .,.~. : 5nr, .~r.d rtnpx„tar,+nc ,?Unbutahie to
<br />the Property shish may retain a praant} .+ect tn,> ii„ri~age...rid +ca>cnnkt ;-a: mau..:r suisad trots, rt :rm'. rn the manner
<br />pravrdeti undo! paragtaph'_ laercof +ir.:' r; n: I~au1 :r, .us^, r~;annrt +,., R.-•r•,:•>c- •-t.ai~nt pa.nrcr~i...hen due..itrectly to the
<br />payee thcrec€. t3arn=wer shaif promptty turm>h a, t enact >ti t:{•u..c+ .,, ~rn„s,nr, .°nc ;:ndcr tit:. ;=ar.ieraph. sod m thz event
<br />6armaver shall males pa;'msn d:rc~tls- Hnrroucr n -l ,~r~s rti ~~ 7 crs:tct :>. ri^t r,k-uc,ne s,:ch paprnenu
<br />Borrower shall Prauptty ;iisE-hasg.-. nny ;ern Alt ter. t::is :,,, ... -.-"cr ~..., xl.,rcps„r ~ .+:;icd. :h:er tr:*rr.~arr .hall non fx
<br />rtqurted to drschaigt arty sucPi }ion r.r l.~r±g ea ff<,rr,?xrr >n,i;l a;:r;'e .r. .. ,r;nr '- .: >5mrnt .:, !hc ~:nhgati:m a vred by
<br />,urh hen ra ti manner acceptab#c to i.rntler. „s' >ha:} :n ~,+,rj ;ai;n _{,;,t,n• ,.i:r-, ;_ _, r~,~ .. _teten:± rnt.,rcemem K,t sash lien m.
<br />Itgal pttrettdmgs which nperatt to tirruent 'hc :nt,=rcrrrrrat ; . .~ :-ee . r ar•Fle:tuer~,•t !nr Prop{:;n nr sec part thereof.
<br />S. Harard Ittrmaoce. Barrow rr +hail .cot= the rope<:,,'rnrnt, r:.,=, r,?wing : r •acsratteF ~:s-.iral .m the Pn,Pcny inurred
<br />a;arixst foss by hre. hacards rtts:iudcd uit}nu t'rc tcsr;r ..._r:~seal ~., ..,_ - .,n<i ;~.... cu her hazards a+ i eneirr m:;t reyurre
<br />add rn 5txh atrtaunu and lvt *uch Pcriz>ds s+ I cede rn.+s<r•.ua-.c .,, ~dr~ ., s; t •''nri_•r •haki scut rcysrtrr that the amrrenti tit
<br />such ~overa.ge eaettd that amount :ti .<:. crags .rclu ei ,'ra+ n *ca h- ...., ~tortgagr'
<br />flee imtrratric calrxr prowrdmg rile ;nauranKr .nail tx~ ,`t ac . `z ii +,Ci <4 hr `. appn,+ai he [ender: piosrded,
<br />that stn:h approval shall Dart ht etnrtav,trs±ii .vtt?rltc}d. -~i! +r.riar:ixrr+ :.-.+ ins:,rscr:ir ~ e.ir~r^. ,hail he paid , ! late ntanra:r
<br />pravtded etFrclef parsrgtaph'_ hercxrf ;r..t ti<,t pa„} :.. _,r.h niamie: ?,. Hi+rii,+ser ?nat,ing Payment, +vher. due, <!nectl}• t., thz
<br />[a5nr8feet Cartier.
<br />AB IIE%UFBnCC pekfElt¢ acrd rtnew;liy flirt ri'3 ih,f„ ''Y ':! i.'rFn .:~. ~ t.irlti ?.` t i"+, ltir a:txi ll:ali ;s:tt:idC J -.t>ndaf.l 1151+rtgage
<br />claisz sit favor a~f :asd ur Iorm a.reptabit r.- F_rrtefcr l rf+(IeF - a - .. - :z -iyht ^.• ?-aid :he P-Jiiits and rrneuai, thereof_
<br />atsd &xruwu shat} ptstmlKly furnish to Lcrrdrt sit troru a: nx,u.rs ..~.,i _a r_ceif is of paFd prenuam+- 3a the rsent of loss.
<br />Borrower shall grse prompt note€e :,: the +nsuransr ..cress; >o,i I ender : cede? it r?u+Ae tu.,,s.l s•+. i.:ss rS not made pn+mptly
<br />by Birrwwrtr.
<br />Uplt3t I&tHfer and Barrowef ci[hetxas.,: agFec ,€. ~..titrr,g. Inwui3Facr Prc*crcd3 shad :~ applied to resiuratretFr :u rcpait of
<br />tFtt Property s+_aniaged, prstsidcd +tFr:h restuFatii.+r. „r :: t+air :: s::>i:..ntis:rll3~ *. ~,as,hle ..;;d the 'sc.:tirtty <-rt rhr+ 4lortgagt i>
<br />txu therapy imparted It Binh t`rstcua[ir,a or Frpart :, ., . .anoun:>:iq tea++hlr !)i ?' thz secwux- or thi. 4lirtgage would
<br />bt iutpaFred, the ansuraos~ prexmla .half br ,.ppicef r., the +mnn «rcmr..3 in errs \ic,rtgage. with rhr exee~s. if any, paid
<br />w Beriewvec I! tl'x Yropert} rs aF~rru:,ned r, ,y,,ir r<=N.ei : , :e Barr,+a et ta,i. ;_; re-,6 ',nd to Lender wtthttr 3U days !turn Ehc
<br />dare txrtece rs maiferi h} l.erniei to Rtrr rr+wer f}inl the =nsuianrr c>rr;er ,:lees !-- sru}c :, cairn ice mearance hrnrfits, i ender
<br />!S 8alFrarrzed t0 called alxl app{S' tllC in'sUrer}~t i i kCCd> s[ 1 endCF, .~pitcni cfthrr i0 rC3t Jrali<3n 1Yr rr pelt ,rt lhC air{+peit4'
<br />x iu rite sane securaf h} urea Maltgagr.
<br />t,inkss Ixndzr arxt Burrovcr etlrtrccF.e agree :r: wrrtrng..ats .uses app;risiitrn :+i pr.,ieeds ui prtncipai =halt r,ot extend
<br />a! pautparu the dare date .a! the nKxithl. r;e>islinte:r.. rotes: ed r,- :r< paragF,spkn ! and _+ hereof e^ ihangc the amount .. ,
<br />suieh ittstatitrsetris. it uert#t7 paragraph ; ti helcut the Pn,pert: ,: >~apuired ny i.endrr, .,ii right, talc and inter'tat .,t Barroucr
<br />rn std to err} atsutance psr33cics and i. aa~t acs rile ~.<,zcxis nc~rc+,t ~-eaisng from daanaet C+ the I'rolxn~ pn.rr to rhr sale
<br />M Eifarirc#r shall ~.... to lxrrslzr tc, tfrt exacta{ ,sf the +usris rciurb•.; i,i th,s .teutgayc :minediaicit pilot .,_ ~uih laic .,r
<br />acqursrfnttr_
<br />d. lrraarsatiae .tied A3ainflsssBX-e of Pwpenp; learseMFtm: t"ondumlgiutgr,; Planatd t;reit Ihselu8meois. i,orritwcF
<br />shall iYtwp the Property is i rePai€ serif sha$ ~t carnnrit ~..~tt of Ptrnrrt imps+tmrrrt ar dtttrurrauun at rhr; Pru{,ttt}.
<br />sad slerii ectxnpiY wuie ~ pCOVnieosi of an; ,ease it the, >h3rtkmgc :> an .. easetx+ld, !( able ?tlartgagc rs au > €rnrt u, a
<br />ttgadamstrwirr ar a Plastered uatt efts'efc+pmtnt, Bair,=u e: ~hafl ;xrforin a{i „f BaFn,utr~, ,=btigatrc+ns -rancier the de•ciatat;,~n
<br />W f'a+€CU4tris ettazrirg crt gaxettnrtrg tlrt conefcHtuniutn .u rianrrJ ::nit ales.-rixipntcnt. the hs~laws and rrgulatiexr+. :,t the
<br />cura3~vniuut ae pLto.trect unit dt.elcrpmectt, and uranittucsa .l.>s..rnutFt, tt a 4.inbuFtrrmunr ar I>ianned ?:rut ,}e,xh.;+rirznt
<br />rxdp rs exp~xtueii by Bwsrraet and reci+rckcd nrgerhet .+ulr ihzs N.+rtgage, ;he .osenarfs grid +egieetnenis „i .cafe r~{kr
<br />s&a8 bt totatp.rrwod irrtst aFUi shat} atuand aitd suppkaxnt tfrt :a.coants and agretmrnts ,:i this Mortp!aQr as ~t the ridct
<br />wesa a parr huool..
<br />T, tsatasliaa d E.eisisr's 9rruiry. it Bnrrawtr ;ails to r+erifxm the eavenanis anif agrtenunts .a*ntaintst rri rhr.
<br />Id#t#9dt, as If sag' w`t~ait =rr prc,texsiing rx ::x+mtrutKnrl »hici, matrrutf} .:tTrcti Ltndsr a rntueai in tiro Prs+pcrty.
<br />~, but s~ tinrfted tn. ents~itru danurts, Irti4rsstA6y, cc>FIt eatc,r~-rment, :r strangenrents c:r P:nicseding> rn.-{s];mg a
<br />air dreceilaot, 2$eay Leusiet at L.exder`s c,ptevrri, 3pe;i rrvtice to Borreiver. tnay mulct such ap.ptararrats, alrsbut*e .uc?i
<br />stnW ~. trkt stic`h actitrer as a treatssaa} to prcxc:t l.ttsdei•s imerest. tneludsng. but sot ?;mired t,r, }c.bcFrsetnent nt
<br />rye adtVe~og'b less sad aaatrp aps~ir the PrtrperFp to make r,;paiss. If Lcrider r~.i;iirrtxl niciitgagz insurance as i
<br />ttra o{ tnyrk:ed the L.pltru te•red hti €hes MkuFgagrt. Ilglr~a'cr .trail psi; the ffrmtutn+ reGtirted t>z nraint.riu <uslt
<br />tes-VrsuiGtr Itlt eft tmfs3 ws:$ illtAV. +s Et*y reyultetxteni_ frig xsa:li iitsurare~'t tcrinrnares t;r 3>~'e+rdan+:e. auh Bor rr,ucr`s and
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