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UNIFORM Covtnax~s.' Borrower and l.en.lrr ru~cnant and akn~r a~ foUoWs:
l. Payment of Principd aad lntere~l. li~~rruwer ~hall prompil~ pry Nhrn duc tho princip~l .?f aud intc~rst un thc
inJcbtcdncss c~•~dcncrJ hy thc Nutc, prcpaymrnt :~nd latr rhar~r. pruviJcd ~n thc I~'~~tc, and thc princ~pal of and jntcrrs~
on any Future Advanccc cccur~~i by this Mor~gage.
2. Fu~ds fo~ Taxa and lasun~ce. Subject ta applicable lav?• or to a H~ritten v?~aiver by I.ender, Borrower shall pay
to 1_c~dc~ o~ ~ix; day moMhly inc~allmentc of principal and intcre.t ar~ ~~~yable undcr the N~~tc, until Ihe Nutc ~c p~id in futl,
a sum (hercen "Funds") cqual tu ~~nc•~H•clf~h ~hc ~~carh ~a~c. anJ aaescmentc ~~hirh m~y auain pri~+iity rncr ~his
Martgage, an~! ground renls on the Pmperty, if any. plus i~ne-twcltth oC ycarly prcmium inctallmcnts for har~rd insurance.
plus one-~w~elfth of yearly prcmium installmeMs far mongag~ insu~am~, if any, all as r~asunably estima~ed inu~ally :+nd (mm
timc to timc h~• Lcndcr on th~ ha,i~ uf aescs.mrnt, anJ hill~ and rea,.?nabtc cstin~~~cs thcreof.
The Fundti shalt hc helJ in a:~ inatitutiun the Jepusit. or accuunts of whirh are insureJ ar giiarantceJ by a Federal or
statc agcnc~• (including Lendcr if I.cnJcr ia ~t~ch an inctituti~~nl. I~nJcr ~hall apply thc I~und. to p:~}• ~aid taxc~, assc~c~nrm~,
insurancc premiumc and ground r.~nt~. Lcndcr may n~t cha~~ tor u~ h~~l~ing :~n~ appl)•ing thc Funds, ai~al~•r~ng aaid account, -
or ve~ifying and rnmpiling sai~i a~.c~,ments :~nJ hill~, unir~s LenJer p:q~s Borrower imcrtst on the Funds and ~pplicable l:~w
permits t_ender to n~ak~ zuch a rharge. l3i.rrow•er anJ l.rn~rr m.+y :~krce in writing at thc time ot c~~ti:ution of thi~
~lortgaRe that interext ~~n Ihe Funds xhall he paid to Born?w•er, anit"Unle~s Zuch agreement i~ maJe or :~pplicable law
rcyuires such interest to he paiJ, Lcnder ~hall nc~t hc rryuir~~l to pa}~ Barrowcr any im~re+t ur carninrti c,n the Funds. LenJer
.hall gire to Bormwer, wilhuut charge, an annuat ara~unting o( thr FunJs shoa~ing crrdits ~nd Jehits to the Funds and the
purEx.se for which ~act debit tu the Fund~ was m~dc. I~he Fund, ;?rc pl~~Jkt~1 as addlion~l se~uri~~• for ~he sums secured
by this ~tortgagc.
If the amount of thc FunJs hcld by t_en.lcr, te.gcthrr ~~i~h ~he (uture munthly imtallmcnts of Fun~ls ~:,yabtc prior to
thc due dates of taxes, a+~rssments, insurance prrmiumi and gr~,und rents, shall excecd the amount reyuired to pa)• said tases,
assessments, insurance premiums and ground renb as th~y (all due, ~uch exre~s shal) be, at 13orrower'c option, either
promptly repaid to Borrow•er ur cr~-dited to Borrower on mantfil~~ inc(;tillmrnts of Fund~. If thc amoum o( thr Funds
held hy t.rndcr shall not bc sufficient to pay taxcs, asu~snicnts, imuran« prc~.titsm~ anJ ground rents as th~y f;.ll due,
Borrower sh;~ll pay ta l_ender an~ aniount ner~-~sar~• t.? nTake «p thc ~lefirienc~~ w•ithin ~0 da~s trom the date nouce is mailed
h~~ Lcadcr to Bormwcr rcyucsting paymc»t thereaf.
LIFwn paymrn~. ~n futi ~~i aU sums s~.~:ured b}° this ~tcurgagc, f cndcr shall ~romptl}• reC~mcl to Sc~rrox•cr an} Funds
heW hy Len~ier. It under paragraph Ix hcreof the Propen~ i. ~uIJ ur thc Propen~ ~s othen~•isr arqu,red by I.cnder. Lender
shall appl~~. r~o latrr than immediatcl}~ prior ta thc .alc ~~f thr Propcrty ur its .~cquisi~ion hy Lcndcr, an}~ Fun.i~ hcld by
Lendcr at thr timc <~t ~ppliration as a crcdit againct thc sumc u:curc~ b} th~~ Mortgagc_
3. Applicalion of Pa~ments. Unlr~s app6rshlc law pn•~id~s othcrwi.~, afl p;iy~mcntc rcr~ived b}' Lendcr undcr the
tiotc ;?nd par.~g~.~ph~ 1.ind 2 herr.~t" shalt t,e applird h~~ Lcndcr tirst ~n n+~ mcnt of amaunts pa~•:?hle to I.cndcr h~• Borrouer
undcr pa?agraph ~ hcrcuf, th~n ro~ntcrest pa~~rhlc i~n thc \otr, the+i tr th~ princira! ol Ihc Nc~t~, ami thcn t~~ intcrest and
pr~n.ipal ..n any Futur~ Ad~ancrs.
4. CbarRes: I.ici~s. H„r~o~~cr ,hall pa~ .ali ~.~~c~, :~,ks.m~ntti dI1lI c,thcr ch.~rgc., fin~s an.l imp.~.it~un; auributal~l~ to
thc Prup~:rt~ which mav :~ttain a priurily ovcr th~s l~:ortg~gc. and lea~:hold p:iymcnts c~r ground rrntt iC am~, in thc manner
pro~•ide~ under paracr:~ph ? hcrcuf or, if noi {~aid m~u~h nianncr, b} Bnrroacr making pa)n~cn~. when Jue. J~rcctly 1~ ~hc
pa}•ec Iherc:~J. Borre>w•rr sha11 pr~~mptly furni~h to 1_ender a!I noUCes i~! amounts duc under this p~ragraph_ :,nd in the event
Borro~+er ~h:,ll makr pa~me,rt ~firrc~h, Borrower ~hall prumptly furni~h tu Lender re~eipts rvidrn~ing s~ch pa~•ments.
Hor~uNer ~hal! pr~~mptl~~ ~li,xharg~ an}• licn ~~hich h~s priont~ u~cr thic :liortga~;e: pro~•i~led. ~h:~t B~~rr~~H~~; ~tiall nat be
rrqu+red t~~ u~xharge an)~ wcn ii~n su iung :1~ IflR/UNl'1 1~IdIi .tltlct ID ~".Fi:i:l~ ~i• i/it F.li~i~Sifi1 t;~ =h(` i~F`~•~^,:!::):: ~,~!!rr~ tiv
sueh l~en iu a manm~r ace~~~tabh tu Lender, or ~hall in g~K~d faith ce~nte~t wch lien h}•, or ~lefen.l enforcemen~ ot +urh lien in,
legal pns~cd~ng. ~~hich ~~pcr~te w~rc~~rnt the ~nfurcement of the I~~n ur forfe~ture ~?f ~he Pru{xrt} c~r an}• part thereoF.
5. Harard Inwrance. Horro~~er ~hall kec~+ ~he ~m, ro.rmrm, rn~~. c~i~tmg .~r herrattcr crccted e.n the Pm~xrty in+ured
~gainst to.ti M• fir~ h~.ard> in~tuded u~ithio the t~rm "~,tcnJcJ ~c~vcragc~ . a~xf surh ~th~r hatards ac I rndrr ma~ rryu~re
an~t ~o seich .,m~~unt, aml !or su:l~ ~xri~xls :is Lcnder m:~} rryuirc: pr.~~~~dc.l. lhat Lcmlcr ~hall not rcyuirc that thc am.~unt .~f
~ such co~~rag~ c~ce~d [h.+t ~nu,unt af ca.-~ragr :rywred t~~ ~,a~~ t`~c .i;mc ~cr?~rcJ h~ thic ~Iorlgagc.
"The insur:,~~c carncr pruviding thc inwranrc .hall tx~ chu,~~: bt Borro~.cr subje~t to ap~+ro~~al h~• 1 endcr; pravided,
that such a~rr~•~~af .!,s11 n;~t bc unrea,~~nahte• w•ithheld. All ~rrmiumt on insur.ince ~li~ies ~hall tx~ paid tn ihe manner
pri~~;Jcd u~~dr~ ~.,ra~rapb 2 hcrcuf ur if nut paid in ,uc~ ^ianncr, hy B~rrowcr making pa}~mcnL wficn duc, dircctly to the
m~urancc caincr_
All insuranrc ~I~cic, :,n~l ren~~ah th.;r~.•t .hal4 t,.~ m form .,cr~;~t:~b:~• tu I en.lrr anJ sh.~l! ~n~ludc .t:tr~:lard mortgagc
ctau~e in fa~•~.r of and m farm ar~eptahle Cendrr. Lerider .ha1! harr ihc right tn hold thr puli:ir. :~nd rene«ah theceof,
.,nd Snrn»~rr .hall p;un:p~l}~ fu.ni.h to Lender all rrnrN~.,t not~ces and all receipts of paid premium,. ln the e~ent of loss,
Burr~~w~er .h:~ll gi~e pr~irnpt notic~ to ~he ina+~r.~ncr ~arrier and LenJer. Len~er ma} ma1,~ p~t~[ of loss it n<~t made ps~~mpNt-
hti B:~rruw~er.
tTnless I.ert.ter and 8~r~.~ac,- othen?i.e :~gre~ in wn~mg. insuran.e pr~xec.lc sh:~ll be applied to re~toratirn~ ur repair of
the Propcrty JaniagcJ, pro~• ~.Ic.S such r,..t.~ration :~r rrpair is cconvmi~•ally fcasiblc and thr ucurity of th~s A'Iortgagc i~
not ihereb~ impaired. ft tu:h re,torahon or :epa~c u nut ~c.~nom?cali} fea~ihle or il the securit}• o[ tt~~. ~tortgagr w•ould
' be ~mpa~red. the insurance pro:eeJ~ ~hafl Fx: ;~pptied tu ~he sums secured by~ this ~tortgage, ~.~ith thc eace+s, ef any. paid
tv Bor~oK-er 11 1he P~upc.rt)~ i~ ,,na~idnacd h~ Ror~nurr, ~r el $urr.+wer ta~h to re~Ex•nd to 1_cndcr within 30 days from the
Jatc n..tice ic mailed b~ Lender to Borrower that the insurance carricr ~t~ers to setUe a claim for insurance benefits, I_ender
i~ authoriced ;u .olleLt and aE~ply Ihe insuranrr pro;:eed~ at [.cnJrr'. opt~on cithcr to restoration or repair of the Propert~•
or t~_the sunu >-.::ureJ by thi• ~tartgage.
Cnless LeRdcr an~ Burr~~xer otheruix• .~gree in writing_ am ~u~h ~pplication „f pnx:ceds to pnneipal shal) not crtend
o~ p.?stponc thc du~ d~tc of the mc~nthl}• im~allmrntti rcf~rred t~~ i;~ paragraph~ I and 2 hc~cu( or changc thc amaunt o(
au~h installments. If onJer paragraph !8 hcreof the Pro~rt~ i. a~yairrJ h} Lendcr, aii nght, tidc and interest ot Borrowcr
~n ~nd w any insur:~nce pol~cies and ~n and to thc pnxeeds thereot re,:llt~n~ fmn~ dan~age to ~he Propeny prior to the s.?le
or acyu~siiiv~~ shall p::ss to Lendcr to the e~~ent of Ihe tiums sc~ured thi. ~tortgagc immedia~eh prior to •uch sale or
acq~isitior..
6. Prcsenation and ~taintenance of Propert~; Leascholds: ('ondominiums: Planned l~nit De~elupments. Borrow•cr
~h~il krep the Properry i? gnod repair and shall not commit w•a+~c or ~n:r~nit ~mpairmrnt or cleter~oration of the Propert)~
and SF13II compl}' N~ith the proviciuns of any lease if th~s ~lortgagc i~ ~~n 7 ICJSIFIUI(I. II Illlti ~lortcagc is on J Uh1I in a
ron~iomi~~~um or a pi;~nncd un~t dctclc~pm~n~. Borruw~cr ~hall pcrform a11 uf BarruWCr's ublig~[ions under thc dcclaration
or ~ovena~t. rreatmg ~~r hoverning thr rundomini:im or ptanncd u~it de~~r!opmcnt, the b~~-law~s and regulations of the
eo~~ominium or planned unit deret..pment, and constiU~ent dc?cument;. If a condomioium or pl.~nned unit ck~~elopment
riJer i; ~~ecuted by Botrouer and recorded together wi~h this M~~rtgage. ihe ruven•rnts and agreements of such rider
shsll bc incorEwratc~ into and shall amend and supplement the ~o.enants an~ agreements of th~s Mortgage as if the rider _
v?ere a ~aR hereof.
7. Prolection of Lender's Security. If B~rroK~e~ failc to pert~um the covenants anJ agreements contained in this
Murtgagr, ur if an~ :cct~un or pr~x~ed~n~t ~c commrnced which n~a~cri~lly~ aBectc I~nder's interest in the Property.
in~lijding. but lim~ied ta. ~minent domain. inwi~~ency, c~xie cnf~~rcement, or arrangements or proceedings invoiving a
bankrupt ur d_c~den~, ~hen l.enJer at Leoder's opt~on, up.~n notice to Borrower. ~na~• make s~ch appearacxes, d~sbarse such
sum, and take such a.~ion as is nece~tiary to pr~tect Lender's ~nterrct. i~ul~rding, but not limited to, disbursement oI
r~asonahte attomet't fecs and en+ry up~~n ihc Prnpcrty to m.~kc repair~. If t.endcr reyuired mortgage insurance as a
c.~ndiuon c•l maling !h~ loa:i cecurcd h~~ thi~ M~rtgage. Unrr~~u~r ~hall pay~ the premiumti requireJ to maintain such
ir.surance in etfect untii ~uch t~mc as the reys:ireme;~t for Sucfi ~nsu-ance termin:~tes ~n accordance with Borrower's and
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