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UNIFURM C'avl~lVlNiS. BOfft~N'Cf Bltl~ (.@f1tJtF-Clri'e11:1111 :uid a~r~e a~ fullows: •
1. Pa~ment of Pri~cipal sad Inle~rsl. Bormw~r sh..ll pn•rnpil~• pay whcn diw the principal of ~nd inter~st un the
indebtedncss c~~idcnccd !iy the Nutc, pr~payment and latr chargrti :~ti pre?~•iJed m the Nate, and ihe prinripal uf and mterest
on any Futur~ Advanccc ~ccured by Ihix hlortgagc.
2. Fuads for Taxes a~d Incura~ce. Subject to applicable IaH~ o~ to a written waiver by I.cnder. Barrower shall pay
to Lencie~ on ~he day monthly inclallments of p~incipal and interr+t ;u~ payahle uoJ~r the Note, unti! ~he ir.~te is paid in full,
a sum fhercin "Funds") equal ~o one-twrlfth of the ycarly ta~e: anJ asceccm~nts which may attain priuriry uver this
'~fortgage, and ground rents on the Pm~xrty, if an~~, plus onc-tw•rlith of ~c•rrly prcrnium installmcnts for hazard mxura~ce.
plus one-twelith of }~early prcmium installmcnts for mortgage insurance, i[ any, all as reas~?nahl}~ cstimated initially and trom
ume ta timc hy l.~ndcr on thc baxr uf a.sessmrn~~ anJ hills anJ rra,unablc estim~tes thcrcof.
The Fund~ shall he hrld in an ins~itution the dep.,sits or acc.~unts o( which ~re in~ureef ar gurr;enteeJ by a Federa) or '
state agei~ry (including l.ender if Lrndrr i. such :in instiltui~~n?. L~nder shall apply the Funds to pay said tase., as~essments,
insurancc premiums and ground renls. Lender may i?ot charg~ for .o holding and applying ~he f=unJs, anaf~~ring said account,
or ~•erii~ing and compiling caid a~se»ments and bilt~, unle+s Lcnde~ pa~s Horrower ~nterest on Ihe Fi?nJs aoJ applicable taw
permits [.enJer t~ make +uch ch:~rge. [3~•rrower and I.rnder ~ir.~~ agree in wriling at ~he Iime ~~f e~e~;uti~~n of this
~fortgagc ~hat intcre+t .a1 the Fun~s shall bc p~iJ to F3orruwcr, and unlca~ ~uch agrecment is madc ur :?pplic~ble Iaw
reyuires such interest to t~e paid, I.ender shal) nut tx reyuir~d to p:?y Burrc~w~cr an~• int~rest or earnings on the Pw~ds. 1_enJer
,hall give to Borrower, ~ithout rharge, an annual accuuntinK of thr FunJ~ sh~~wing rredits anJ Jehits to the Funds and the
purpase for w•h+ch each debit tu the Fe~~ids wa~ ma~e. ~1'h. f=unds are pledg~~i as aJditiunal sctiunt~ for ~hr sums secured
b~•this ~tnrtgage_
lf the amuunt of the Funcis hcld hy Lcn~rr, t~~gcthrr ~ith ~hc futur~ monthly in~tallmenls of FunJs payabte p~ior to
the due dates of taxes, asses~men~s, insuranrr prem~um~ an~l ground r~nts, shaU eecced the amount reyu+red w pay xaid taxes,
assessments, inse~rance premiun~s and ground rents ac the~~ f:ill dur. such c~ce~s shall be, at Horrow~cr's option, eithe~
promptl~• rcpaid to BorroHer ar creditcd io BorroN•er on monthly ~mtallmcn~s of Funds. !f 1he amount of the f=unds
.ield by l.ender shall not be suflicient to pay ~a~es, as~«,~mems, imuranrr prer,iucm. an~l ground rents as thc~~ fatt due,
Borrowrr shaU pap to Lcndcr an~• amuu~t nrccssar~• to makc u~ thc ct~tici.n~y within iQ day. tro~n thc datc notice is m:~ilttl
by Lcndcr to Bormwcr rcyu~sting paymcnt thcreul.
UEx~n pa~•ment in Cull of all sums s~~:ured bp tfti. ~turtg.~er. I.endcr shall pr.~mptly r~fund t~~ Horro«er any Funds
held b}• 1_cnder. lf under paragraph 18 herrof ~hc Propcny ~..~~Id or thc Pmpcrty ic other~ci~c acqwred b~• t.cndcr, I.cnder
.haU apply, n.. latcr than immediatcl~• prior tc~ the ~ak of the Yraprrty or its ,,cyuis~tion by l.cnder, any Funds heW b}•
1_end~r the t~mr ut :~ppli~ation as a crcJit againct thc sumt sccurcd b~• thi~ \lortgag~. '
3. Applicalion ui Pa}menfs. l.'nlcts ap~licahte la~~ pru~iiles otherw~iu, al{ payments rea;i~•ed b)~ Lender utxler the ~
Votc :ind par~graph~ 1,~nd 2 licr~uf ~h:~ll bc appucd h~• I.cndrr fint in pa~n:cnt uf amounts pa)
:able to Lcn~~r by l3orrowcr
under paraQraph ? hereof. ihen lu inhrrst ~;:yaMe rn thc Nutc. thcn t~~ th.• principal of the 3~fciie, and then to inlerest and
~riuct{~al ~~n anv Fular~ Advances. t . .
4. Ch:~rkcc; Lirns. Bi~rra~~~r .h:~lt pa}• all t.+~«, :~~u~,.mcnts an~ othcr charces. 6ne~:wd.im~sitions attrihutabk to
'he Prop~rtc ~~~hich nsay' :titain s~rio~iry ~•.er thi.: ~tortgagc, and Icaxhol~ paymcr,ts ur grou~d.r,~tc,-it any. in thc manner .
{uovi~L:d un~er p.~n?graph.2 hercuf c,. ~f no! paid in cu~h n~annrr. b~• B~~rrow~rr` making pc~~ment, uhen du~, direcd}• to the
payer thcr.rc~+. Borrc~w•rr sha!! prom;~~'~ furnish to 1_endcr a!! :iuticcs of :~mo?mts duc undcr thic psragraph. and in thc c~•ent
i?vrrower ti~~all mlle p;?~~ment d rectl~. Burro~cr tiha11 promptly f~irni~h te. l.ender recri~ts r~iden.ing ,uch pa)•ments.
k3orro~~er .i,all promp~ly dixh:,rgc any lien ~~hirh ha. pnor~t~ ~n•er thiti '~lortgage: pruw.l..i. th.it B~~rr.~~eer .hall not he
reywred to J~scharge an~• ~uch licn tio tong :~s Burrower sh:?11 agree in «riting t~ the pa)me~lt uf the oMiga~iun ~ecured b}'
~uch l~en ?+i a n~.~nF~rr ac.rptablr t,~ I.ender, or ,hall in go~xi faith c~~ntetit su~h licn by, o~ .lefend enf~~rcement o( such lien in,
icgal pr~~. ecding< <+•hich c~peratc tu pre~•cnt ~he enf~~rccmcnt of the licn ~~r forfciture of the Propert~~ or an}• part thcrcuf.
5. Hazard Intiurance. tio,rower shall E,cep the im~~ro~ementl n~~u c~i~ting ~~r hereafter er~cted on the Pr~~pcrty insured
.~ainst 1.~.. h~• fir~, h.~rard~ inrlu~ied ~~ith~n thc tcrm "~~tcndc.l rc~vrraKc". anJ su:h othcr h:itards ac I.~ndcr ma~~ reyeiire
.~n.f +n ~uih amoi~nts ~n~l for suit: prrioJc a. !_cnder ma}~ rcyu~rC: prr+idc~l. th:it LrnJ.r .hall not rcyuir~ th:~t thc :tmiwnt of.
~,i~h c.ncracc c~c~cc1 tt~.~t a~uo~mt u: rnvc;age rcquirc.i t~, ~a~ thc •.im; ~ccurcd h~• this :tongagc.
7hc ?nsuran~.: c.~rricr prc?~~id~~i~ thc insurancc sh.Jl hc; ch~~.rn liy' Bo~ro~~cr subjcct to approral hy Lcndcr, pravidcd.
';~at tiach ;ippru.•a1 ~~z;,ll nc~ L•r i~nrea.~~nahty w~ithhetd- Alt pr~miumti ~~n insurance potir~es shall Ix~ p.~ed eif the manner
hrrn~clc.i cru~_i:r ~sr.?Lr:,ph 2 iz~~iu; i~r. ,f r~ot p:i~d in siirh nt~,n~yLr. M~ B~~rro~~er makmg paymcut, whcn duc. ~lircctly to thc
:nsuranrc ~arr~cr.
Ail insuranrc ~licie~ an~ rcnc~+ah lhcrerf sh:ilE ~~c in form ,~iccpt:~blr to 1_cndrr an~ ~hall inctudc a titan.lard mortgagc
.laus~ in fav~~r ~~f and in furm a~~c~~t:,hic tu i_enJer. f_cnder .hafl ha~~ th~ right tu hold ~hr poli:i~s and rrnr~.els lh~rerf.
.+rtd Bnr~.>~?cr .h.~!! pn~mptl} furn~sh to ! ender :~1! rrncwal n~i,~~es and all receipts of paid premium~. In the c~•ent of los±.
_ F~ ~rruwcr ~h:,l! g~vc prrmpt noticr tu ihc insur.~ncr .:arricr and Lcndcr. 1_endcr ma~ makc prcx~f of loss if not madc pr~,mpti}~
h\~ ~pff(~WCi. ~
: Unless I ciidcr and Born~H~; ~•thcntii,~ agrer in Nriting. inu~r:i~ue pro~erd. sha!! be; applied to rc,t~~r.~tion or repair of
the Propertp ~lam.ree~l. pro~i~L.l ,u~h re~t.~rat~on or re~;ur ~s eco„~~mi~all~~ frasible and the ~e:urity of thiti Mortgage is
n~~t thereb} impaireJ If su:F~ r~~u~r.~! un ur r.pair ~s nrt Ci~~nn~ui~all~~ 1cas~hiC or if the se.urit~• of thiti ;~t~~rtgage ~~•uutd
be impaircd. thc insurance prckecJ~ ,hetl he :+ppiic~l t~~ the ,ums xcure.i b~• 1F~i; htongage. ~+hh tF?c exccss, if any, pa~d
t~~ B;~rr~iwc;. If thc Propertc is ~..n.l~~neu h~ tioiru~srr, rr it l3or~*u-er tail~ to res~nd to I.encler within 3U days from thc
J~t~ nu!icc ~s mailed b~~ L~ndcr to f3,~rrowcr tnat th~ :n.ut.~ncc ~arr,c~ „iTen to scr:lc a claim for ~nsoranrc bcncfits, t cndcr
authoriced t.~ ~oUect and arpf~ the in,ur:~nce proceeJs a~ Lei~J~r's opt,~,n either to rest~r.~tion or repair of the Property~
t~~ thc sum~ ._cured h~• thi~ ~tortca~:c.
f~nie>, l cndcr and Bnrr~;wcr ~,then~i.r agrec in ~~~+tinc. :~r;~ .i~.1~ ap~li~ation ~~f pr~~reds to pnncip:~l ~h:+ll not e~tend
pustponc thc duc datc ut tht nu~ntht~ in~tallmcnt~ retcrrrd t~~ in paragraphti 1.~rnl ' hcrcuf or change thc amount of
wch in1tallments. If under paragraph 18 hereof the Pn~Ex:rt~ u ~cyr:red h~ Lendcr. all righl, tide anJ inlerest oC Borrower
m and ti~ am in~ur.tr,~e pofic~es ::r,..' ~n a:~.! t~ the pr~~ceed~ thc?eot ?~tiu(tnig (ram d;image t~ the Propert}• pri~r to ihe sale
ur acy~?rs~tu~~~ ,hal! pas, to 1_c+~der .t. ~ the c~tc~it of the ~iimi ~crur~d h, thi. 11.~rtg~~ZC immeJia~el~ prior to such safe or
acyuisitlon.
b. Preser~a~iun and ~taiNenance of Proprrt~; Leacehuld~; ('ondominiums; Planned Unit De~•elopments. Borrow•er
shall keep the I'rrpeny in g~wd rep~ir and shall nrn commit u ~st~ ar pcrm:t impairm~nt or ~icteriora?ion c~f the Property
.,nd shatl compi~~ w~ti~ the provis~~~ns of any lease if this Mortga_~e :i k:eschuld. If ihiti ~fortgagc is on a unit in a
con~iuminium ~~r a planned unu ~e~~t:ipmrnt; BurroWer shail }ksf~rm att rf Bortuwer's ubligations under the declaration
or co~•ennni, crcaii~g or ~rverning ~h~ r~~ndom~nium or planned ~~nit de~c!e~pment, the by-la:+•s and regulations of the
cc~n~'.~~min+um or ~IanneJ unit .leve~rrment, and :~~nstiturnt docum~n:.,. ti a cun~iominium or planned imit de~elc?pment -
n~er ~~ecuted hy- Sorrow•er ar,d ~ecorded togciher ~uf~ ~h~s ~l;~rtgage, the co~~enants and agreements uf such rider -
ab.~ll ~.e ~n,orpocate~i ~nto and shall amend ai~d suj~plcment !hc covenanl~ anJ agrecments uf ~h~~ Mortgage as if the rider
aerc , ;+rt hereof.
Protection of Lenu~r's Srcurity. i! B~rrowcr fa:l~ ro Fx:rf~~rni thc .•ovcnants and agrecments cont~ined in this
Nortgag~, or if an'y a~.non ~~r proceed:ng is ~ommenced whi_h r~ateriall~ affecls Lender's ~nteresl in lhe Propeny.
~nch~.l:tr~. hut :~.?t ~~mi~ed to, em~ncnt domain. imol~~ency, ccxle ~:~n~rcement. or arrangzments or procetdings invoh•ing a
bani rupt ur decedent, then Lende: a~ I.ender'~ op~ion. upon notice to &~rrower, ma}~ m~ke srch appearances, disbutx snch
~ums .,nd take such ;,ciivn as is nere~~ar}• to protcrt I_endcr"s intr-est_ incloding. but not iimited to, disbursement ~f
reasonahle at~~,rneq'~ tee~, and entry upc~n the Pro~ert;. to m:ikc rep~irc. U Lende~ required mortgage insurance as a
w~c~i~eivn of making thc toan k~ut~.l b~ thi~ I~1.~rtga~c. A~•rro~+~r shall pay thc premium. required to maintain such
ir.surance in etTect umil ~~i~h ume as t'.ie ~eu~~~~rmen~ for .uch ~nwrance trr~r:inates ~n a~cordsnce w•ith Borrow•er's and
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