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~f.~ 11{l~atir~~. <br />U~ trrTlENhWTtt, Borrower sail ]..ender cawenanr and egret as follows; <br />br, arauit ®[ ra8 lagaretd. Borraw•er shall promptly pay whin dix the princrpal of and interest on the <br />iodabts tvidenoed by floe Matt, prepaytrtent and lau charges as provided in the Hots. arttl f~ p.^:nripat cf and irte,•esz <br />oa ~'1` Ftxtme Adroaaces se€ursd by zhks Mortgage <br />2. 1~ads /arY'eaes aed Issmtmer. subject to ttpplicalale law or to a written waiver by Ixnder, Borrower shall pay <br />to L.tador on the day rauathty installments of principal and interest are payatsk under the Nett, until the Note is paid in full. <br />a else (herein °Ftmds"} equal to anc-Twelfth of the yearly taxes and assessrsienrs which may attain priority over this <br />IMasrtpge. ~ gmuttC rents on thx Ptoperry, if env. plus otto-twelfth of yearly premium ittstalUnents for hazard 'insurance, <br />phte ooa-ttre{fth of yetsrty pretaiura fnataltrrtents for rnoctgage insurarrce, if any, art as reasonably tstimated initially and from <br />time to time by Lesxlsr tin dre basis of asseastttenta and bilk a:td reasonable estimates thereof. <br />She Fonds shall be held in an institution the deptxita o: accounts of wfiich are insured or guaranteed by a Federal or <br />atttte ageru:v fineltuling I.tttder if I.ende; is such an imtitution}, ixtrder shall apply the Funds to pay said taxes. assessments, <br />iasttrastee premiums and girouad renu. Lender may not charge for so balding and applying the Futds, analysing said account, <br />or varifyiag and compiling said assesstrurtts and hilts, ualesc Lender pays Borrower interest on the Fundy and applicable taw <br />permiit Larder to matt such a charge. Borrrnver and !.ender mar agrtt in writing at the time of execution of this <br />Mortgrge that interest on the Fttttds aba11 be paid io Borrower, and unlus such agreement is made or applicable law <br />requirax tutch interest to be paid, I.tndtr shall not bs required zo pay i3anower any interest or earnings on the Funds. Lender <br />shall give to Borrrnver, wit(tout charge, an annual accounting of the Funds showing credits and debits to the Funds and the <br />purpose for which each obit to the Funds was made. The Funds are pledged as additional sxur.y roc the sums secured <br />by this MartgttBe. <br />If the aawunt of the Farads hdd by (.ender, to¢ether wrth the future monthly installments of Funds payable prior to <br />tl~ due dells Of taxes, atsasmmes, inxurance prcmiurns and ground renu, shalt exceed the amount required to pay said taxes, <br />are~ments, iitaUfatlCe premiums and ground rents as they fall dix. such excess shall be, at Borrower's option, either <br />promptly repaid to Barcrower or credited to Burrower an monthly installments of Funds. If the amount of the Funds <br />Itdd by Loader shill trot lie sufTrcamt to pay :axes, assesssments, insurance prcmmms and ground rents as they fall due, <br />Borrowsr shall pay to t.cnder any atrtouat necessary m make up the deficiency within 30 days from the date nonce is mailed <br />by [.coder to Borrower requesting payment thcreot. <br />Upon payment to foil of all sotto secured 6y ihrs Mortgage. Lender shall pmmptly refund m Borrower any Funds <br />held 1sY Loader. If under paragraph lg hsreot the Propeny 51 said or the Property is otherWrse acgwrcd by Lender, Lender <br />slay!! apply, rm later than irttertediauly pnor #u the sale ,rf the Propene or its acyutsrhon by Ltndsr. any Funds held by <br />L,emler at the bate of appLicatioa as a credit against tht sums srxuru{ by this Mortgage. <br />u'. .+iyj~as8aw aS unless applacabtc law pravirles otherwise. all payments received by Lender under the <br />Note sad ptttagraphs 1 and Z hereof shall bt apptted by Lender first in payment of amounts payable to Lender by Borrower <br />uaehr paragraph Z hereof, then to interest payable on the Norc. then to the principal of the Note, and then to intercs[ and <br />prttuilul on any Futum Advancer. <br />d. ~r LLtas. Borrower shall pay a!I taws. assessments am{ other chargez. fines and :mprtsitrons attributable to <br />the Property which taay attain a priority over this Mon$age, and leasehold paymcros or ground rents, if any, in the manner <br />provided rmtkr paragraph 2 hereof at. of not peril to such manner. by 8r?rrowcr making paytnsnz, when dtte. 65reczly to the <br />paytx thereof. Borrower shall promptly furnish to Lender all notices of amounts ,foe under this paragraph, affil in the evtnt <br />Borrower shall make paytmm direcity. Burrower +hali promptly furnish r;r { trader trceipts evidenetng such payments. <br />Borrower shall prompely discharge any trot ,+hrch has pnor,ti „vet tFrrs Mortgage. provided, that Batrower shall not be <br />required to discharge any such lien w fang as Borrower shall egret :n ~r,t:ng t„ the payrrnnt of the obltgatiurz secured by <br />such Batt in a mentor acesptabk to Lender, or ehal! in ga+si tauh :.untret stech lien by, sir defend enfurcentent of such lien in, <br />legal practadings which operate to prevent tnc cnfurcenacnt of thr !:c^ or furteanuc of the Property sir env part thereat. <br />S. Httmord i~aaaeee. Borrower shalt kdp the iroprovemerts now evisnng r.r hcreatter crrctcd tin rite Yropcrty insured <br />against iota by Ate, hazards iris{tided within the term "extended coverage". and such other hazanis as Lender may require <br />~ is st~h atrmanas am! far s:.~lz pnrtex#s as I.ea~r ;real :eynrre; pr.r.ided. that i_tndzr shelf not require that the amozrnt of <br />srxh caiverage excge<d that atrtafitlt of i<uvtrs r<~,.,r~~ Ta pee Thr seems x3~rcd by !has Martgags. <br />The iawraaue canter pravidittg iht tnsuratxe she{! be ihaun by &xruwrr subject to approval by l.srar{er, pravrdal, <br />that such approve{ shall net 6e unroasonabiy wuhheid. .~li ptemxrmx nn insurance poiicirs shall be paid to [he manner <br />pti~sw~t~d una~cr paragrapnc !ocelot ar, of tact peril ua such rrsantttr, by Brurrrwsr making Payment, wfx:n due. dirsc:tly to the <br />i#aatarara~ :atrricr. <br />41E =ttst:rxn~ ~ atxl nwals ihtrze3f =hale he yea #urrn a.crptabk :a Lcndrr and shall inc:iudt a standard mortgage <br />~u'~ en fawn o? -_- .., ~arvs ~~ .. _._ ,_. „aa#t na-.e [.~ r-~3„ :21,. ,.~ y,:?l{.:~ ~ .;i`~-- °~,~ ilSer~f•.`- <br />a@d J9arrsesyar ~t 1 r~r~atly fa~ra~h Eo i ~~f~ -,:,.al n~_`t:~ any a#1 ;ez-itp~s i:€ pa;d F ;~ntr::r'~. tEa ttrr --vr -tt , t .v~3. <br />Btxrvwer shalt gees prompt rwtisx to the insurance .rarer and Lender. Lender may make pram rat loss it not made pn,mptiy <br />by Borrower. <br />Udaa L,t:rtdar and Borrower oiherwrss agrt,: tit wnntrg, mstuance pra:reds shat! be appired a, restoration or repair of <br />(fiat Prapmfy damagod, pruvtd:txl such testurauan sir ropair a ecarromtcally teastb{e artd the scti:uriry of this Mungnge is <br />ruq thtueby tmpaeted. tf sash restoration sir rcparr es nut rcanumurlly ieasrble sir t( ette security of (has Mortgage would <br />ba impaired, that rttsuratpx proceeds shsl{ bt applied ro the stints secured by this Mongugs, with the escess, if any. paid <br />to Harrower. If the L'rupwiy is abandoned hx Borr.>wer, or it Borrower fails to respond k? Lender within 3t1 days from the <br />date tfntiaas rs matkd lay I..Ctufer to Burrrnatr that rhr rnsuratrce earner offers to settle a claim tar itrsuraruc beocfits, !,ender <br />rs aWhotized to collars and appfy tt~ insurame prucessis at Lstuier's updan etcher to rratoratran or repau aE the Propeny <br />rn tq flea twttu secured by this 1NArtaags. <br />Uakeas ixttder and 8orrawer othtrv:we agree in wnttag, any such application of prsxecds to principal shag net rxterd <br />or postpotu the data data of the: monthly tnsralltnenls referred to in paragraphs ! and ~ hereof or change the amount a( <br />saasatlateats. It tit paragraph ! ti hexosf tits Property as acquueil by Lerxlsr, all right, fade and sntrrest o1 Bornswcr <br />sa and to any tga#uratxe pulici+~ and in atsai to the pt.x;s'tcls #fte#~tf rxsuttmg frr:m damage to the Pn~peny prior try stir sale <br />or act{uisitiott shalt pass to I.sruLet w the sxteut of rtes sttrtYr setureaf Icy th,s Mrzrsgagc intnnx{iately pnor t.• arch sale ar <br />acquiaititaa, <br />i. 17siasstcarlles std Maieaaosaaee o[ PesrprAy: !_ttrelrol:~l t ~; >e1larnad Unit lltiselopmeaala, tWrnewer <br />fi-` s~ r"'~r~ iu ~ r-t:~air aril snail riot cieramtt waste vt ptrmri iutpairmcas sir dcterioratiotz of tics f'ropsrsy <br />ami si'sail i°ttmpIY wii3a flu pt[svs3uyif of auk ieaaie :t this \taittg~c as .,u ,, lrasth!~ld. ff xhu !4fr~_issge ss ern w i:mt sn :. <br />canskuuiatuat cu a p{tuttud trail devrktptuent, BCxrowec .hall pert+rrm alt of Borrower's .+bliga#Nnts unurt the dc+:{aratant <br />tit ctaveaaata eraratit~ nr guvarttrttg the ci}ndisttarrzrtetn or ptanrzcd anti dewcfopntrut, the by-lass aryl rcgutattutra srf the <br />- rat' planaeri uRti davekzlutteart, and ~r~tttwctst s[w:uisaents- It a condutnenium ar ptannCd unit desel,>pnzcnt <br />ridmr is eaa,uted by Borrower and rwartLrart u,gctlur a,th this Mortgage, the ~uvertaxiU artd agrrenaeuta of sus;h rider <br />slra~-he rncitrporstathl tetra aced slxall emceed artd suppletutazt the covetrants and agresnaeuts tit this Murigagc •s it thr rider <br />Werra a part lam. <br />T• !'aMMwuiew std f;.saAtar9 !t Borrerwtr ;arts tit pcrfo#m floe covtnarets and agrrentcnta ccxrtauted m this <br />1lartgaga, cx i! asst actmn ~>s pro6erdtst0 :s .eututtrttces3 v.hrch masenally aAccts t.eredtr's interest in tfte P~opcn}, <br />beat taut lasaited to, smtnertt doenaas. +rtscdwcuky. tExle riafsmeasent, ,+t asr-angetturtta sir prrxtediags mat+ivtng a <br />~ m zf~ti, zl~t l.e at l,trsi:tr's o~eurr, urn iwt¢:e to Born aver, nzay make rush appuratttas, disfwru sucfr <br />isaats r.a$ tt~re aar.h astFrtts is is rr~xwary to pnuwz l.srtder's ?nteresl, ox:ludattg, hti# rxat limated A}, dxsbur4rntent s+f <br />rsargta attotraey`s tees std csttty sepax the Pruputy tsz rrtaltrt rega=rs_ !t lttuisr rr,,tutrc.f ntottgage irzxurance as .+ <br />caaeafi#aao of tlyf Irxaxx s:acr~red t>> that futon Ltxirsu?tcr shah a tt+c <br />~ (tags p y prennunas requtre{t to maintaui such <br />`~3 ~ ~ sue: ;id ~:, #tisu a i:~ rtyt~risz fir sucfr rr~uratzr.t tertrunat~ an accrsrdsincr with Born ws=r's and <br />