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<br />i1t+t>garas Crsvei"tat+TS. Borrower and Lender covenam land agree as folfosrs:
<br />t, d nisi tiateeetx. Borrower ahsfi prompt!} pay when due rite principal crf aztd :ntcrtst ore ttx
<br />evil by tbs Note, p>ttyayrtteat and Tate charges as provided to the More, erred the arinctpai of aim mtcsest
<br />tin L%r Ftmue Advantts secured by this Mtntgage.
<br />Z Fwis [st T~ td I>~esca ~ahysrt Yo appf~abls !aw or to a wtittsn waiver br Leger, Borrower shall pay
<br />to Leader ore the day monthly irutaliments of principal and snttrest aze payable ursder tIx Notes uaul itee Note is paid in full,
<br />a ~ ( "Fttadr"} egos! to ots~twegth of the vesrly taxes and asussments which may attain pnority over this
<br />Mme, and gtasad tortes on tlx L'ttsperty. rf any. pftu cme-twelfth of yearly premium snscxllaat;nu for haTSSd insurattx.
<br />pftrs atttte<tttrelfth of Yearly prsmttart iitsralftasnts for rttortgagc rnsurantt, if any, elf as resaonaftfy estrmated initially araf from
<br />drt>e to time by Leader oa the bas® of at~ssmerus and frills and reaxottabk tatrmates thereof.
<br />iThe Ftatada shall be head in an irtstittuion tFtc deposits c>r accounts of which are insured or gttaranttxd by a Federal or
<br />slate agtttcy {including Lender if Leesrkt is sash an imritution 1 Lcndsr shall apply the Funds to pay said tazas, assessments.
<br />itssurasce prertsiutt~ atuf gt'ouad rsttts. ixnder may not charge for so holding and applying the Funds. anaftzing said accautet.
<br />or vertying sad compiling said assasttteats and bilk, unless Letkitr pays Borrower imerest oo t~ Funds attd applicable !aw
<br />prr_mits Leader to make such a charge. Horrowtr atsd l:.ertder may agree in writing at the time of czecution of this
<br />Mortgt,¢ that interest an the Ftsttds shall t?e paid to Borrower. and uakss such agrecnteat is made or applicable Satyr
<br />ra~tarm stxh interest to bt paid, Leader shall rot he requited to pay S3orrawer any interest or eaiainwi on the Fttnds. Leader
<br />shall give to Borrtnrer, withosit charge. an annitat accounting of the Funds showing credits attd debits to the Funds and rite
<br />plrrpose forwhich each dl:bit m the Funds was made- TTte Funds arc pledged as additional security fcs t':te sums created
<br />by this Alortgage.
<br />If the amount of the Funds hcdd try Lender. together wnh the future monthly installments of Fords payable prior to
<br />the dtse dales of razes, ratxasmeats, irewrance premrurtu and ground rcnu, shall exceed the amount required to pay said razes.
<br />t-weassienU, tttauratttce pirmiums and ground rents as thry tali due, such exeeas shall be, ai Borrower's option, either
<br />peo®pY[y repair! to Borrower or credited to Borrower on momh!}• ~nsta9lments of Funds. if Ihs amount of the Funds
<br />>Z~d by Leader shall not be stifFmient to pay testa, asxsunents. tnsurancc premiums and ground rents as they fall dtx.
<br />Borrower ahsU pay to Lcmict an} amount ^eetssary to make up the dchcienrv wethin 3U days from the date notice is marled
<br />by Leader to thsarower rrquestmg payment thcrcc».
<br />llptsi paytteeni m full of ail stuns stcurtd by this Mongagt. I ender shall promptfy refund to Borrower any Fonda
<br />held by Lender. If urstfer paragraph I8 hereof the Properly ~, wid or the Propene as otherwise acgwred by Lender, Lender
<br />ahail apply, no Inter than imtnediatefy prior to the ~aie of tfie Pra~ry o- :as acqueatt#on by Lender, any Funds held by
<br />Ltxtder at the ttitte of applitatiott us a crsdrt agairtst the sums secured by tfiu ttongage.
<br />~, + ,eg p>,yr {tr}ess appttcatrie law pr,.r:.es ,rthtruise. elf psyrttents root=eived t+y Lsntitr wader t~
<br />Note and paragrapfs 1 aml 2 hereof shall he applrtd fay Lender first in payment of amounts payable to Lender by Borrower
<br />under paragraph '_ hei•~f, tfa¢n to ratsrcst payable on the Vutc. then to the pnncipat of the Note. and then to intercai and
<br />prtt:etpal on any Fsntus Adv-anets.
<br />8, L'le~ea: S~eua. Borrower shall pay all saxrs. assts:mcnts gird +,thcr .harges. finis and smposiuons attnbutable to
<br />the f'toperty svteich may attain a pnar-sty over this :Nottgatte.:rnd leasthotd payments ++r ground rents, if any, m the marntr
<br />prtavitkd ttndsr paragraph 2 harlot ar.:f nrn pard :r, ouch manner. ray Borrower tnaktng payment, whin due. diitctly to the
<br />payee tlteeemof. Borrawst shaft promptly Eurnistr to l.snder all nouces of amounts +tt,e :;rider this paragraph, and in the event
<br />Harrower ahail make payttrcnt drreetfy, Boru~wcr shall promptfy turnesfi to Lender receipts r.tdencmg such Paymtnts-
<br />Borrowet sbtdl pt»niptiy dissttargs any teen sehech his priority .=sir this tifortga}YC. poivided. that enrrowcr shall nut bt
<br />rs~uu-xii to dtachargc any suit Iten sn tong z:s Bermwer shalt rgree m v,r.tin{t to the payirunt art the .rbligation ,toured by
<br />atrch hen in s msteaet accxptablt to L.endcr, ;+r sna!! an gcrsui faith tontcst such tree Ny..sr defend rntoreement of such lien tn,
<br />legal procYxdings which operate to prevent the rnforcttncnt of the t+an +>r tarferturr of the f'ropeny rrr any part thtteof.
<br />5. i5mrd imransas. Hono.ser s#sall weep t3;e srnpnnenrsnts nor: exisnag err he:ra±YCr erected on the Property insured
<br />agasnat loa- by fire, hazartts incfudcd wrthm the tome ' .•atrntitef ..,swage anef ,tiih onset hazards as f ender may requve
<br />at~t sn sts<-h atsouat€ st=et i;x 3u~h pcrsc?ds a: !_€rcf€r naat~ rr~;ut€t. s-4=dept. that L_rntrr shall not reyurre [hut the amoun! of
<br />_~;~ srsgs eat that a~?ant ._rf cevtragt rcctuutd to pay thc'•wms secwsd hp this Mnr*.gage.
<br />T'he tmuratscs carnet prEwrdtng the insurattet shaft tse :boson by Horrourr ,eih)CCt t~ approval by Lcndtr: provider,
<br />that such approval shall not tic uitteasotra6ly v:nhhekf. All premiums tit rnswarzti~ pnlecees ,hall ere pard .n the rnannsr
<br />provrdsd t=rader pttrtagntph i irsrtr~t- or..f rxx3t psrd sn ,uch rnarer~r. hs. -..._-~er m:::ng pay.:ant, ;vfren d+x--. dtrs+~tly to the
<br />intstaraark~ taariar.
<br />AB :rte-,tr~.<r~ ,sip calf r+xrtt`ar,ES ttxrex?f strati t+t :n =.iNm .s:~rptantF to f tnctcr and stroll ~n~iudc a siais.tarct t .cnEaar
<br />- _ _ _ ~!.-_I: ?;~:.y :t~,~ , ah+ ._+. hnl~i t r. ne,iiStes at?d fenew ais tflex4tlf,
<br />;~ ~ 3haf! tlta-,+mtarfy turnah la ltodsrFaU rs .-~~t nou4c+ anti a#I rrrcipis of pard premeums ?n tftt rvtnt of Ions,
<br />Harrower shat! give prompt rtistsst to ties rresrtrsn~ cattrrr assn Ltrxfer. Linder may make prru.t o! toss tf no[ made promptfy
<br />by Btxtxswet.
<br />Unk~ Letzlkr attd Borrower rrthsrwsst agr~ to wntirtg. uesurance pnxeetk shah he appiiecl to restoration csr repair of
<br />the property dsenuged, pravrded srx:h restonnoa err repsu is rcurwamiiaUy ttasible and the security of thss 4fertgagc is
<br />not tisete~9y itnpstretl. 11 such mtarattan or rtpau ss nor ecemrmtcaUy feasible •r .t the secwtty of this Mortgage wtwld
<br />bo itapaired, the ttuuratsce prtx'tsds chaff be applied to iht sums ssewttl by this Mongagt, wsth the excess, if any, pard
<br />to 1!s#r'asrar. if the properly n atnntlor~f h} Borrower, err it Horrowsr farts to respond to Lender within 30 days from the
<br />date notice is rrtailed by L-ender to Borrower that ihs iresuranct cart+tr otftrs to settle a claim for insurance trereefits. I.cnckr
<br />is attlhoctisad fa coileet and apply the rnaxuta<tn-e lxoc°teds at irndcr's option etthcr to restoration ur repair tit the property
<br />or rtes the si~is stcurad by this Afartgage
<br />titsiese f.,trer~r and e`Icv~owsr otr~rw~ agr~ to anung. ant' stash appl:::ziion of pre>Lteds to frrrn~ipal shall Wert rx[end
<br />or paupone the dot date of ens monthly rnstallments refaced to in paragraphs t and ? hcrent or ~haitgs the :+muunt tit
<br />stoch irestaiittxnts. It uisder paragraph I K herwf tfte Pmpeny a acyuucd by !.ender. alt right, title aetti interest tit Borrower
<br />in ant! to say ittsuranee p~icds oral ass and to the prtx;eetis thereof resttlttng from damage tc the PropatF ,nor to the sale
<br />ur sesTtusitnNS shall paeu to !.ender to ttte extent of ihs sums secured by this 4fcrtgugs iminecitately rnor t,+ ,tnh sale or
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<br />(t, pratatrvattriera aai ~titiMetWOaitt ts! rtapertr l.eriseYeitis: t'imiemirilrrs talaaaael Uidt fDevrtiepaeiNS. Borrower
<br />Lim pr~gty ~ av,Erd repair and sfsall nest commet waste nr ptxtmt tmpatrrmmt or dettrutrattan of the Properly
<br />+~ :~3~ s~nrfpfy with xhe #~trvtsissns of auy ieaat sf tars !aiottRags rs on a leasehold. If this ifongage is .,n a ;mir in a
<br />,. or a piantasd amt tlevefnprnrrtl tvev~r .ltafi psne,rta al! s;f H:rrrc.zcr's nbl:garsur3 under ttre ci <-I3rat•;•n
<br />err cttattrag or goveramg tfte condomtmum oc piannrd oral devttopmsnt. the 6y-laws and trgulations of the
<br />Y:initira or pfsaaad unit the+rt3rtpntsnt. acrd cuttstitucnt ck7c.turtentn. if a cvsralctmtnittm srr :xfann€ti tin:t tfi;reiupn~nt
<br />rsdn ax sasscutaf try Borrosvsr and recorded tgfaher wrlh thrs MortRags. site .nvenants acrd agceemenl: +,f stieh .+der
<br />be itagtsrpartt~d itch sad shall atnettd am3 sttppketnetn the :ovctrantts and agteemctus of this Mongagt as rt the rider
<br />wtrtc a pat# l
<br />9< d I..a+aiaM's 5aesviry. Lf Borrnwrx faiLr tc, prr4urm the covensnts and agrcctntnts +vntaentd ,n tors
<br />~, er if ady as:tiatt err fxsirzaeding s; cattttntns'ctf which nsatarisllq afftYts 1_cnda's :ntetcst is the p*riptny.
<br />its„ rase firtu~d ro. easttterrt doraam, insolvetsey, ~srt8r rnforcemcnt, err arrangements aei pnst~tedinfts anvolvang a
<br />bgaitr+ept fir tSit. cis 1.etrrS~ at Lseafer'a crpt#on, upon rrer4tee ter Honower, may males ssteh appeasancra. dishutFe teach
<br />aui~i a~ ~ r~wh sctlttzn era is ltertsssr} en prsrtscs l.crrdsr't inttrtsx. ~nslutfiitg, f~ue ttu't I:mutd ic. drsfwtserr'rttet i:t
<br />r asteseatw`s ftar~ sad stwsy upt~r ti'M Prvpttty to make rapatts t{ l-tndsr ~ryr:i?YSf tns*rtgage ansuramr a. .:
<br />~„~~~ ,_~ eeufe~urr ttx '-~ ~±.sttsrti ,r; tf[ss :A3trrtga~. Lk*trr.r~r at,a#f pay rhs prsratums rrgrrirstf to nsainta:n s+[ch
<br />iaya~attrSR rte tt~tt ztrttil stazh time as the :r~gtnrca+erai for sttsf::tt3wartca tcrmittat€s :rt »xtrtdatrct with Born?wer{ a.rui
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