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UNIFORM COYEt~~~iTS, BpfTpMtr au~1 l-tfA3~[~ ;uv~nant and aRrre a~ tolluws:
1. Paymeot of hi~cipl a~/ tk•rriwt[ shall p~~~nMl? pay Nhcn due thc principal of sud int~rest on the
fn~kbtedness c~,den~~J by t[~c Nac. prcpz~mc~u awf tate ,h:~r~r, pr~~•iJed ~n the Note, and the principa! of and ~n~erest
on any Future Advances sccw~ui b~ thn ~ustsaEt_
2. Fonds for Tua awi la~wa~ce. Subjct-t t~ applwabk law ~K to a writ~en waiver by I.ender, Rorrower shatt pay
to L.endcr on ~he day monthly ~nvailmcats oi pru~~pal and ~nti~rtt are payabie unJe~ thc Nate, until the Notc is paid in fuli,
a sum (herein "Funds' j c~wl to a~ctycl(th rf thr ~ead~ tares and a.sce~ssments which may attain• priurity over ~his
Mortgage, an.i ground rrntt on tb~ ptvprrty, ~ny, phi, .~ut-twrlf~h of y~arly premium installments for hazard insurance.
plus onc-tw~eltth of yeuty prcmi~ mstaltmeees i~c m~t~taae ~nuuance, if any, all as rcawnably c~timated initially and trom
time to time by L.ender on tbe basis at mseiurKn~s anJ t~lls anJ rcax~~able estimates thercot.
The Funds shatl be beld ~a aa inu~tu~s.~n cAr 3rpus,a or sc«~unts o[ which are insurt~l or guarantced by a Fcdcral or
state agency (includin~ l.rnder if Lcn~itr es su:h an iratituti.x~l. !_cn~fe~ shall apply the Funds to pay said taxcs. asscssments,
~nsu~ance premiums and ground rrnts_ ~en3tr ma~ rw,t chargr for ,o holding and applying the ~ui~ds, analyzing said account,
or verifping a~d compling said asxs~mrnts aa.i !xlls~ unkss Ctn~1e~ pa)~s Barrowe~ interest an the Funds and applicable law
permits Lender to matt suci~ a cha:ge. 8.wr~wtr an.! txnJer may agree in wriling at the time of execution of lhis
Alortgage that interpt on the Fua.is shaf! he p~aKi to Borrow~er, anci unless wch ag~eement is made or applicable law
requites such interest to t+e p~a~d, I_cnde: sl~all ocn b~ reyuirrJ to pa} B.~rrovrer any interest or earnings i~n the Funds. LenJer
~hall give to Ei~irrow~er, witlwui charg~ an ann+ul ~.-~vunt~ng af the Funds ~howing creclils and debits to thc Funds and the '
purpox for which each debit to tbe F~mds nis rr~xf~c_ T!K Funds are plealg~~1 as additional securiry for the sums secured
by this Mortgage.
lf tht amount of tbe Fwds hzld b~ Lte~.icr. trg~ther v?ith the tutun: monthly imtallmcn~s of Funds payable prior to
the due dates of taaces, assessinents, ~nsur~,c prcauuRe ;icxi gr.x?rxi rents, shall ercreci the amount required to pay said taxes,
asscssments, insuranoe premiums and ~ri~,rd rents as tbt~ fall due. such excess shall be, at BorroN•cr's option, cither
promptly repaid to Borror?rr or cr~c~i+xd to B.~nr.er on monthl}• inuallments of Funds. If the amount of thc Funds
held by Lender shal) not be st~cieat to p~a~ ta~c~. uxs~nts. in.ur:+ncr prer.iiums and ground re~ts as they fall due,
Borrower shall to t_ender an~• ~~uu nt,~YSVn to make uo the de~icierx:y within 30 da~•s from the date notice is m~iled
by Lender to Borro~?er irquating ~a~mrnt tticnc,•f_
Upon pa}~ment m full ot a0 swns sa-urcd b? ehn ~I.xt¢~~_ Lcndc~ shall prompU~ refund to &~rrowcr aoy Funds
held by l.encier. !f undtr paraErap6 l1? b,cr.eu( thc Pr~~prm ic ~..~Id ~x ~hc ProFx:rt~ is otherH~i~c arquired by i_cndcr, l.ender
shall appt~. no tater than immcdiatd~ pnor [o tAe sale uf the Pruprn}• or its acyuisition by l.endcr, any Funds heW by
Lendrr at ~hr umr ~f applicaticv~ n a cerxiit a~aenst the sum; secured h~• th~c ~tortgage.
3. Applir~ioa of Pa~~e~ts, t.nlt~ ap~i;;ahtt tsw pr.~.i~les otherwi~, all payments recei~~cd by l.ender unJer the
Notc :~nJ par~graph~ 1,uid 2 herrof stul: tae a~kd b~ I.r~eJ~r fiRt in pa~ment ol amounts pa~~able ta i_cnder by Borruw~er
under paragraph ? herec.f. t6en w~ntrres3 ~+..~aW~r .t~ thr \otc. then a~ the pre?n:epal of the hate, and Ihen lo interest anJ
~+rinci~a! on any Future Advtnoes -
a. Ch~~es; LiMS, B.-rrort-r ~~uil }aa~ a!! a_zc,, a.s~•ssm~nts and vthcr charg~z. fincti :,n~i im~xnitiuns aUributahle to
the Property w•hi:h may attag? a pr~ri~~ ore_ eF.s ~fortgagr. and leaszhold p.~ymcnts or gmund r~nts, if any, in the manner
prov~ded undcr pa~agraph ~ tkrcof or. :f n.~t pu~d ~n su;h manner, b~ &~rrower m~king payment, when due, direct~~ to the
pay~ee t~rc~f. Borrower st~a.l proc:p~i~ fura~sl~ Fo Lzn.kr all not~t-rs of ~mounts Juc under this paragraph, and in the e~•ent
Borrower shall mal;e pa~-ment dur,.~~. li.~rr~~+rr ,h,il! prornpti~ furo~sh ta 1_ender rerripts r~•id~ncing such payments.
Borrower.shaU pmmpd~~ .iischargc an~ l~rn ~.i?wh h.ic praxitt a«r thi~ 1?{ortgage; pro~iJe~, that Borrowcr shatl not be
required to dixharge am wch lirn sc~ fane as B.~rsvr?er sha11 :~Xrre in uriting to ~he pa~•ment ui the obligation secured b~
~uch lien en a m:+nner acx; t~blr ~te i_rndcr. .r i.hal' u? g.wai f~~th ~untc~t such lien by, or ~IefenJ enforccmem of such lien in.
legal pro:rrd~~~rc ..F~cfi ~~+;rete .~z ~e~Ynt t:?~r ent.~:cecstent uf the I~en ~~r forfeitun af the Propert} or any part thereof- -
S. Hazard In~urance. &~rt.•+.rr ~hall 1,a~+ e.jsr ?m~ :u~e~uent~ n.~u ~~i.ung or hereaftrr crcrtcd on the Pr.~~xrty incured~
against i.~.s hr fir~. haza.rd~ in.tuard ~.t6~n tht tt-m ~-r~t,~xftd ravcrag~". and such othcr hatardc ac l.endcr may'rcynire
and ~n s~~:h :+mounts an~~ i.•r su.'re ~rrrifc e; ltrairr nus reyu~re: pn~.i~k~l. that Lcn~cr,.hAll not nequirc that the amcwnt of
~tICFI l'OVCPSYC e~c~~~d that atnc,uca ~~~~rr~ rr~:urt~! tc• pa~ ~he .um~ ,ecurcd by this Alongage.
The ~nsuran~c .arrmr proti~in~e ibc ~u~rance ~h.ilt x cM~.en b~' Burruw~r subject to approvat h~• [.ender, proeided,
that s:~rfi appr.~~al .hall a.~t be t~nr~~~~,ai+ia ~ethbrid. .-~I[ precn~um. .~n insurance policees shall he pai~l ~n the manner
pro~•id~d under p:~r:~;rat~h 2 hurnf ~u_ ,f nit p.;i; in ukh ~•anner. b} Borrower mal:ing payment. whcn due, directly to the
insurance :arner.
All inwraoce Ex~l+~~e, a:-~J rencx,,}. t~rrr.~` sh~?~ ~:~i forrn ~cce~ table to Len.ler anJ shall in:l~idr a+tan.i,:rd mortgage
ciat~.e m fa~or of and m lorm a_:~~rdi~It t.• i~ndtr_ Lrctcier ~h:.ft ha~~e ~he right tu hold the Ex~licies and reneWalt lhere~~(.
and BorruHer ~h:,ll pron~pth tu~n.+!s t~ I.etxitr ii ecnrw3l nuu~~s and all rc~eipts uf paid premium.. In the e~ent of la~s,
Born~.+•er ~h:+l! ~~~e pr.~~npt noti~e t~ ;;K :z.u:sn~e :arrter sn.! l_~nder. Len~e~ ma~ mal.r pnw~t of loss ~f nat made pr.~mpUy
b~ Born~wer.
Unless I.ender and B..r:..acr ;•tt~rrtia-.~ s,~rr~ ice ~.?nung. in.~rance pr.~.:eeJ~ shall be applied t~ restoration or repair of
:he Proper:~• damaged. prc•~i~ied su~t rr~~~nt~.~ ~•r reF.tir :s nc•cwmhall}• feasiblr and 1he security of this Mortgage is
not thereby impa~rcd. 1[ stkh re~t.x.~:at~ cx rrpds- a re;.t cti:.~tomic~lh- f~atiible or if ihc security of this ~lortgage v?~ou(d
be impairrd. ihe ms~rance ~x~-oc.:~ .~.ai! b~c a~tar.i to the wms s~..ure.l by this 4forlgage. ~~ith the excess, if any, paid
to Bo:row~cr. II the Pr~~pen: is a`~3:,~.+raa3 El,~rr:~w,~. rr Ft B.~r~t~u•er fails to res~nd t~ l.cndcr within 30 da)'s fram 1he
Jele notice i. mailecl b~ L_nQer 8. -r.~.r =tue sn_ Ensursnce .arner atTen to setlle a claim for inwrance henefits, l.ender
i> authoriteJ t.~ ~~~lk.:t and ~~i: .~.z _~::.~a-~: rr:~.-~.t, rt Lea~ler's z~pt:c?n eithcr to restoraiion or repair of the Properiy
vr to thc sum~ securtYl th:s ~lort~a~
1.'nies~ I.rnder and B~x<<wrr ...thtrw:.e w-,rrne_ ;u~+ ,u~n a~ plicatian uf proceeds to principal shall not e~tend
nr p~stpone the due d.te of ii~ m.v2.ni: inuali:n~nts rcferreci t~. in parakraph+ 1 and 2 hereof or change the amount of
~uch inctallments. If under pu~~era~ _S bera~: t!~ Pruprm a.yu~red h.~ I.endcr. ~II right. tiUe and interest of Borrower
in and to an} insurer~re Qa}"rcies an~ f3 eil~ In F~t pi0.Ct'ai IbCf~I r~-sulting tram uamage to the Properry prior to the sale
or acy~cisit~u.~ shall pa~s to lx~.ier ~irc ,c.atw~ of thr sums ~e,~r~~i h~ th~~ '~lortg~ge immediately prior to sueh sale or
acyuisitiun.
6. PresenaGo~ aad ~laiNesacY ~f ho~cA~: I.ezse~olds; Condominiums; Planned Unit De~•elopments. Borrow~cr
shall keep th~ Prapem en gcvd re~u~r aad stn[i n~~t .~xnmit uaste rr permit impairment or deterioration of the Property
and shalt comph~ M~ith thc prociu.~cs of ao~ kasc ~f tha ~tortg~gr rs un lcasrhuld. !t this Mortgagc is on a unit in a
runJomimum or r planned unit ~Ct_±~~ry~~?i_ B~XTa~N~[ shall ~rform all oi BO[R~K'C~S O~IIB:l110O5 under the declarat~un
or covenants crcas~ng r.r go.•trn,n~ •..'x ~.xr~r~~m a~ planned unit develrpm~nt, the b~•-laws and regulations of the
conJ:~min:um or planne.: une ~nr3: _-nca:; ..ski ~uc?stituent ciocuments. lf a cundominium or planned unit development
nJer ~~ecuted b}~ 8~rr.ntier srd re_<+:~ic„f i. ~her s•,tb this Mortgage, the covenants and agreements of such rider
shall be ~ncorporated ~MO aAd Shali at~rr.d icr~ iup~leclKnt th~ c~~..nants and agreements uf this Mortgage as if the riJer
~ere r ran hereof.
7. Profectio~ d te~ders Se.~rit~_ lf &~rr~wer fa~ls to Qe:turm the covenants and agreemenis cantained +n this
INortgagr, or if any act:~ ~.r ~.~rr_.r.~ ..~mmrncec! wT:~ch eiaierially aRerts I.ender's interest in the Propeny.
mcluci+ng. but ruK lim,ted to. tr~~.~r:.t d~~masn tsr+~i.enc~, u~de cnfor~emcnt, or arrangements ~r proceedings involving a
bankrupt or de~edent. :hrn Ler.~r i: 1_ra.ie:'~ vpu.x~_ upon eotice to Bo~rower, may make such appearances, dis6urse such
sums a~xl takt su:h axt~ ~s u txt~ec,an io prutc~t [.ecder's intere,t, in~luding, but rwt limited to, d~sbursemeo~ o(
reasc~nab(e attome}'s tees and e~rr~ ufa~~ the PruQem to m.~ke repr~rti. lf I.ender reyuircd mortga¢e insurance as a
cond~tion of maling ~hr S,~an ~e.ure.f b_ ~!~n ~i.Ktgac.. B~rr.~:+er shall pay thc premiums reywrref to maintain such
~nsurance in cdret ur:~ii ~~xh time n~:3c rey~.uc-xr.• fvr ~u~h ~n~urance term~uates in, aoootdance .w~th Borrow•er's and
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