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UNIFORM C'avt:v~Nrs. Borruwer .end l.cnJcr r+?i•cnant ::nd a~;rrc a~ fuUows:
1. Payment of Princlppl ~nnd Interest, lirrruwer shall pmmp~ly pay ~hcn Juc th~ principal uf :+nJ inter~st un the
indeb~edness c~~idcnc~~l hp the Notc, prepaymcnt anJ late ch,~rg~. a. proviJed ~n the Note, and thc principal uf and ~nt~r~st
on any Faturc Advances sccured b~' thi~ Mot~gagc.
2. Fundc tor Taxes ~nd In+unnce: Subject lo applicable taw• c~r to a written waiver by l.ender, l3orraw~r shall pay
to l,ender on ~Fx: Jay monthly inctallments of principal ~nd interrs~ are payahle unJe~ ~he Note, until the I~o~~ is paiJ in full,
a sum (herein "Funds") cqual tu :~r~e-tx•.^;E;fi ~.f the ~•carh• ta~~~ and ac~es~mcn~~ vrhirh may attain p~iuriry aver this
\tortgage, an~l ground ren~s on the Nro~x.rtp, if an~~, pluc une-tHClfth ~~f ycsrty prcm~um installments for harard +nsuranre.
plus one-twelfth of ~~earty premium instaiimcnte for m~~rtgage insurance, if uny, all as reasnnahly esiimated initiall~• and from
time to time M~ l.ender an Ih~ basi. asses~menta anJ hills anJ rca~ui~able estimatcs thereut.
The Fu~tJs shati he, hei~i in a~t ina.::,;,~c•^ ~!^;ti»ita ar acc~~unh oF which are insurcd ar guar.tnlee.l h~• a Peder:il or
state agenc~• (inrluding I.endrr if LenJer i~ ~uch an in,tiiution). (.cnder shati appty the Fur~d. to pay ~:?id t:exr~, assessments.
insurancc prcmiums and ground ~rnts. l.endcr m:~~• rtot ~harge !iu holding anJ applsing thc run~s, anahnng ,a~d account.
nr verif~~~ng and compiling said aase~sments and hills, unless l.ender ~~s Borrowcr intcrest un ihc HunJs and :~pplicable law•
pc:rntits 4ender t~~ make such :i charge. Borruwer and l.ender may agree in writing at ~he limc ~~I ~~r~ution of thi~
~tortgage that intere,t on the FunJs sh:~ll be paid to E3orruarr, und unless such :tgreement is ma~e ui a~+plicable lav?
reyuires such interest to he paid, Lender shal) n.~t 1x~ rtynir~J l~~ p:?~~ Rorrawer any intcrest or rarning~ un thc f~unds. Lcndcr
,hall give t~~ Borrowcr, without chargc, an annual accuunting of the I=w~Ja shoW ing crcdits and dchits t~~ thr Funds and Ihc
purpose for v?•hich cach debit tu thc t•unds aaa maJc. fhc {=und. ar~ pledgcd as additional ~ecurit~~ for thc ~ums ~ecured
hy this \iortgagc.
lf the amount of the Funds hcld by i_en~lrr, t~•gcther with thc Iuture munthly in~t.+llm~nts uf Funds payablr prior to
the due dates of taxes, assrssments, insurance premiun» and ground rems, shall exce~~i the amo~nt reyuired tu pay said tases,
assessmenls. insuranre prcmiums and grounJ rcnh as thc) t:?II duc, su~h e~cess chall be, at l3c~rruuer's uption, ci~her
promptl~• repaid to BorroHCr ar cred~trd tu 8orrowcr un m~~mhly ~nclallmcnts of Funds. !f thc amuunt o( thc Funds
held by Lrncler ~hall not be sutTicient to pay ta~cs, asse~iments, imuran~c prctaium~ and grounJ ~ents as thcy f:~ll due, -
Borruwcr ~hall pay to Lcndcr ;?m• am.~unt ncccs,ar~ t~, mak~ un th~ ~letic;rm~~ with~n 30 Ja~~ from thc Jatc n~~ticc i5 mailcd
bV l.ender to Brrrower r~yu«ting pa~•mriu thercof.
~ Upon pa~~meat ~n full of all sum, sccurcd b~• thi, !11or~~ag~. 1 cnd~r shalf promptly r~luml tu Borru~vcr :in)~ I~unJs
hetd hp Lcn~ler. lf u~der paragraph lti h~reof thc Pru~r~~ .rIJ ~~r thc Pn~j~en~ ~s ~~then~~~.r aryuired b~• L~n~cr. L.;nder
,hall apph•, t:v late: than immediatcl~ prior to the .ale af ~hr Proprny or its a~yuisition ~7: i.ender, an} Fu~~d~. he1:1 bp
!_en~rr at thc timc ~~l appliration as a crcdit aga~nst thr sumti .ccured by th~, 1lortgagc.
3. Applicatiun uf Pa}ntents. Unle~s appiicahle la~~ proviiles other~six. all pa~~menls n.eiced b~• l cnder unJer the
`utc .u~d paragraph. 1.~nd 2 hcrcof shall be appl~~d h~' Lender firct in E~.?~ment ~~t am„unts pay.+hlc t~, I.rndcr h~• Born•~er
u~i~er 4~ara~raph 2?icrcul. thcn to intrrrst pa~•ahk rn thc ?~ut~. thrn ti~ thc principa! of thc ;~~,t~. an.i thrn t~• intcr~~1 and
~ -inc~pal ~~n an~~ Fu~urr Advanccs.
4. ('harEes: I.icns. 6~,rru~~cr .h.di pa}~ all ta~r,, ;~~.rs,mrnt~ and t~IhCI' char~;~~. fin.:~ :~i~~i ~iupu~iti.~ns aUnhutahle t.,
thr f'ropert)~ ~vhi:h ma~ atts~n a prsuri~y ~~vcr thi: ~tortbagc, and Ica~ch.~ld pa~mcnts or ground r.nt~, if an~~in thc manner
provided ~~ndcr ,:~rag.aph 2 h~reof or. +f nut paid in such mar.ner, h~ B.~rro~~rr making parment. ~shen duc. ~(irectl)• to the
pa~ec th~r~of_ Borrowcr shali promp;l~ f?u~iuh tu Lender a!I nutic~s ~~f amotmts duc undcr thi. parsgraph, :end in the c~•ent
fiorro~~cr ~h.,ll n~at~~ p:?cmcnt direcU}. Bc~rroucr .h:~l! prontpll~~ iurn~.h t~~ l.~ndcr rc~ei}~Iti r~id~n~ing such pe~~n;~nts.
F3orrower shall prom~~~l: dischargc an~• lic~i ~.hich h~s pnont~ ~~ti~r Ihis ':lfortga~!c: ~m~i~
a.,,~y~t~~ct~l~Mbt tx:
r~yuired tu .litich.irgc :~n~ ~uch lien ~u loi~g as Barro«cr sh:ill :+gr~c in tirit~ng tct 1~4t~ pa)~m nY~:i~ih o I'.1~' ~ccurcd h~'
••uch litn ~n a m.mn^r ae.eptab~e t.~ l.ender, or shall in kcx~ f~iih cuntr.t such li~n h}•, or ~Icfen~l idprs~~l~ich lien in.
;~gat pr.•.~cdinti~ :~+~ich uprr:~tc to pre~e~tt the cntur.emrnt of thr I~rn ur turfe~tutc ~f the Pio;at)]0? ~~~r~j
5. Fl~t;~rd In,ur:incc. horrutirr .ha!I kcc~ thr ;mnru~Em~nh n~~~. r~i,ting ~~n c~r~aft~~ ~4cr d~~ti~ylltil~V'~
.t~a~nst ir:, t~~ ~irr. 4~.+: ~rd, in.1u~'ed ~.~ithin thc t~rm ~'~~t~ndr~l :~•~~•ra~r". an~i tt~~h ~thcr harar , ~ ~,ew
:,n~i ~r. ~.u.h ,ini.~~m~, ai~.l !or `u i: ~•~ri~~~ a. 1 cnd~r m.~) rryuir~: ~n~.id«i. th;,t (,~eldet't~tlil not~•~ai t~c~unt~i~~
,u4h .~~~,~ra,~, c~c«d th:+t .imi~unt ~~f coti~ra~c re<~u~red t~, ra~ ~hc• ~im~s ~rcurcd h~• tfi?c ~fortgagc. -
The insu;ancr iarrier providinc the imurance .hall he :hu,ui by Borraurr subjecl to appro~al h;~ I.en~ier: ~rovided. s
~hst su~}i ~ppro.al .ii311 n.•t tk unrca~unahh• ~cithhcld. All pr~n:iums <,n in~urance p~~l~c~~s shati tk r:?i~ in th~ manncr ;
E~r.~r;cfrJ und~•r p.:ratiraph 2 h~riu[ or_ if not p:~i~ in ~uct~ mann~r, b~ B~uroHer making p~}rnerii, u~h~n du~. Jirectly to the
~~i.ilr:+n.e ~ar,,cr.
All int~tran.c puhcic, an~ ren~ti+alc th~re~,t .h:~ll tw• in form acrcptab~~ to l en~lrr .~nd ~hall ~n.:li:J~ a~~amlarci m~rtg:igc
.lau~~ ~n fa~~~r uf ati.l i~ form arcept:,hle a~ Lender. l..uder >hail h.i~e thc right tu hold lhe p~~fi~ir~ :~nJ rrne•.~pt~ lhereof,
:n~ B~~rr~~~~~•r tih,~ll pr~~mpth Furn:sh to Lend~r :t(t rencwat noucec an.i ~tt receipts of p~id premi~im.. L~ the e~cnt of loss.
iiurr.~ucr .h ~N, ,~t~c pt~~rnp, nod.~ t„ thc ~n~tir.ime iatri~r .+nJ Lendcr. I.en~rr ma~ make pm.~f of los~ if nvt made pmmpilr
liurr:.wc:. ~
Unle~s Lender and Bc?rr.~HCt othrrui,r agrec in :~ntu~g. intiurar~~~ pre.~ee~l~ shal( be applied to re.toratinn or repair of
thc Pro~rt~~ ~fam~gc.l. ~roviJcd such r~,t~rat~u:i .~r r~{~air i; cc~~nc~mi~allv f~as~hlc and the ucurity uf th~t ~lortgagc iti
n~~t thrreb: impairrd. 1t ~it~•h ~r.;orat~.~n ur r~pa~r is rc~t rcun•,micall~ tra.iMc ~~r i( thc secunt~' ~~f thic Mortg:+g~ w•.~uld
~ impa~r~d. th~ insuranci pr~cee.is ~i:c?ll be app;ie~1 t~~ the ,umti ,ecure~ h~ this `tortgage. ~vith the exce~s. if an~•, paid
B,~rn~~~ri. It thc Ys.~~xn~ .~n~lu:~eu M Nurm.?~r. ~~r i! Borr~~wer i.,::, s:: ~cspvnd to I.ender wdthin 3U da). from ihe
.f..~c no~icr u niai[rtl M~ (~-nder t.~ R~rruwrr th:~c the in,u-.~n~e ..~rrirr ~~fTer, t~~ srt~le a claim for imurance henefits, I.enJer
~.tU(Fi~~FtlCt: ~~~Ii4Ci :~~7(1 a~E~iy ij}C U1SUf31].C E1f~~CCCl15 JS ~.l'i1~~Cf J~~ption cithcr to R'SlOfllWit Of repair ot the Propcn).
~ r tu th. au:•~. >r~.~r~.! h} thi, `tortgat:.
~7nlcs. l c~d~r ,,r.c+ B~,rru~~~r citherHis~ ::grce in ~~riNn~. :~n~ ,urh a+ t~li:ation of pra~eeds to pr~nrip~l .hal1 nut extend
:~r pr~tpone the duc ~fatc vf th~ m.~nthic inst~llment. r~trrreJ tu i?t pa~aRrapji+ 1 an~ her~.~f or change the amount of
,uch instali~~~rnt.. )f un~er {~aragraph lt~ hereuf the Pnp~rh ac~}uirtJ h~ Lrn.icr, ~II right. title anJ interest ul Borrower
,n :,nd to am ~nsur.~ncc poli~ies and in anu to the pr~x:eedti thcs~~~t r~suh~:lb :f~~Rl damabc t~~ the Property prior to thc sale
or acy~tia=ti+~., ~h.~ll pa~s ro Lend~r to thc e~tent r( the ~um, :,e~ured M th~s ~lcjrtgegr inimediately prior to such sale or ~
acyuisition.
6. Presenaliert ~ad 1laintrnance of Prupcrt~: Lcaschuldc: ('undominiumc; Planncd ~'nit De~elopments. Borrov?er
shall kcep thL Propen~• in gexxi repair and shal~ not commit ~•+~~~c ~~r permii impairmcnt or deterioration of the Property
and shali compi~~ ~~ith thc provi.~ur.s of an}• lease ~1 thi. ~turtK:~gc ,,n Iraschutd. if thi` ~lortgage is un a unit in a
condominwm or a~Iaiined un~l .{c•:~t~~ptnent. $arrowet tihall Exrf.~rn~ ~U ~~f Borrower's obl~gations under the declarati.~n
ur covrn,~nts crratioF ~~r guvtrni.~g thr c~mdomin~um or planned ~zmt devrtopmcnt, the b}•-la~s and reguiationc. of the
~on~lrm~nwm or plannr~l u:~it de~~elo~ment, .?nd c~~nstiturnt docun.emti. Jf a rnndominium or planned unit .ie~~e(opment
n.ler ~~ecutrd b~ Borrower arid record~d h~geth~r w~th th„ ~t.~rtga~e, the co~enantc and agreements of ~urh rider
>half Fx ~ncorporate~t ~nto snd shati un~~nc! anJ supplrmer~i thc ~o:en::nls ~nd agreemcnts of th„ Mortgage as ii thc riJcr
we~~ a aart hereof
7. Protection of Lender~ Security. If BorroH~er fa+ls to Fxrf~.rm the caven`ar~ts an.f zgreements contained in this
:~tortgage. ar rf an} act~,.n .~r pr.tiee~mg is ~umm~nceJ w~uch riat~riall~ afTecb Lender's interest in t~e Property.
~ncludmg, but not lim~red tu. a:mincnt domain. in.c.t~ency, c<~ er~t<~rcemenr, or arrang~ments or proceedings invol.•ing a
bankrr~r or Jecrden~. Ihe+? I ender ~t l.ender'~ .~pti~n, upon nodce to Borrow~cr, ma} make wch appeuances, disburx such
sums and take such actiun a~ is nece~.ar}~ to prc.tect Lenders im~res;. incluJing. hut n~N limited to, d~sbursement of
reasuaable at~ornc) ; fres and cn~ry up.m the Proper~y to makc ~c,r,air.. ff i.cnder reyuired mortgage inwrance ~s a
a~naiU~~n of n~al.~ng ~h~ loan ~ccure~t b~ thi. Mc~rt~~cr. B~rr,~~~rr sha!! ~ay~ thc premium~ rcyuireJ to maintain such
;nsuranec in eticrt unti! such time as the r~yu:rrmer.t !or ,u.h ~nsurance trrm,r:ttes io ac:ordance w•~th Bormw~er's anJ
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aoox 2$1 ~acE 29fi k