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UNIF(?~~YBNANT9a pe~tarMand ta>~r,COwnieM aed agtasaa i011o~'. ~ . , ~ t
t. °•li~lfMtOf1~~11101~Ma~rlrlrMeMt. filOrtOWMrAAiltP~i~YVN~MA1NtdtN~lsp?M'tQlptilofaflditlMtY~OD1tN
indeb~it>•s~0e~d~o~pxttl~l:~I~Oc~f~tM1~D~dYylgxlMpMMIP~d~ft11t1~N0lt1~Md1~NAfittttD~lAl~MtelAit
on any Future Advances secured by thine Mortgage. ~
Z. FYnOe 101 ~asoee ergo Irrwrer~.aui~pbi iv iy jii;iiw+o low ~i' ~ rittL'!! w3i`t!!S ~y L8!!d!~!. ~Ml4wer ~h811 Qay
1o.L~hONhaN daSr of prinoipNandM~arspayabls under the Nob, until the Nob is paid in furl.
11? sam ( pttgl ~tf>!.. ttensiWts daps: yrluhr insane .autrf :aeaeteatrwrrtts MrttiOh~mo?Y~ ft<ttabt• owc~,lhv
M~ttar~cl:g~gv~ t~~ cn thR~ ~
~ ..t~kN ~ 4~ iY t~+IMt(um uo~~tapl ~~haz~tctt~r~g
~"`~fii+rhe"~b~,~biet! ati~~°il~~
~ra
iy'w~efesttniates'Ih~lreo~~-,,t ,ja~4~'~~,rro~^
Tltir~hehpMt'lltifield~in art ~IMiRiti~n ifs`devd~~rot?,i+b~ai~:1>I°a~b~f~ao~~r~oitiesd~e~i?~~srat or
state apency(includirp tender b Lenderis such an insUhriior~.Lender shall apply the Funds to pay said taxes, assessments,
insurance and grpund rants, Lender may not chargefor so holding and appying the Furwds, analysing said account,
a~eretyirpcampiNng sikiassess bit<1`~io~, ~d~r pays Borrowerintereston~he funds and applicable law
permits Lender to make such a chani~ie. Borrower Bred le~de~ may agree.in writing at the time of execution of this
Mortgage that interest on thei~Funds shall b6paid to BorrowperpaAynd unless- such-agrgerr~nt i~si masig or appti~ble_ I$w
shall dive to Boorrower Mn"ih
o i~`ia~~ann~'~cou~ntin~
oTthe Fu ~ showing ~
and debr~ to ~
e Funds and then
purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured
by this Mortgage. -
If the amount of the Funds held by Lender. together with the future monthly installments of Funds payable prior to i
the due dates Of ta~oes. assessments. insurance premiums and ground rents, shall exceed the amount required to pay said taxes.
assessments, insurance premiums and ground rents as they fall due. such excess shall be. at Borrower's option. either
promptly repaid tQ ogov~ _ to Borrower on monthly installments of Funds. If the amount of the Funds
held by Lender sha~nd tip s~~l~~i~lrrlt{ay taxes, assessments, insurance premiums and ground rents as they fall due,
Borrower shall pay to Lenderany amount necessary to make up the deficiency within 30 days from the date notice is mailed
by Lender to Borrower reg0la~rt~~t~lmen! titlar~DC u't~.
Upon payment full q~ III thisr~i~q(~gae, Lender shall~t~lptty refund to Borrower any Funds
held by Lender. II ur~r ita~gt'~1 reofip , t8 sp~ ~or tFie Property is otherwise acquired by Lender, lender
shall apply, no latertha~rlrimrfii is td s$ 'Q` ~'rtfperty or irts acquisition by Lender. any Funds. held by
Lender at the time~epplrt;ASlid i~~t'Nedit agst the=siimsecured by this Mortgage.
3. Appllgtlon of Payrreents. Unless applicable law provides otherwise, all payments received by tender under the
Note and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower
under paregreph 2 hereof, then to interest payable on the Note, then to the principal of the Note, and then to interest and
principal on any Future Advances.
Charger, Liens. Borrower shall pay all taxes, assessments arxf other charges, f roes and impositions attributable to
the Property which may ariain a priori over jh^i~.t~jo~,g leasehdd payments or Bound rents. if any, in Me manner
provided under paragraptf~~~, iifi~StpAfd ii'i'~s~n~bygorrnwer making peymeat,-when due, directly to the
payee thereof, Borrower shaa~~Il promptly famish to L y~ll~ngtiFBs of amounts due under this paragraph, and in the event
Borrower Shall make payrftbret'dlrectltr. 8onawei ~~rempt!y famish to Lender receipts.evidencing such payments.
' ~,'8orrower shall prompty dA~harge any lien.~rtach t~s , .:'ty/ s Mortgage; provided,~that Borrower shall not be
required to discharge any aucfi`~len so ba$as~BornpvYBf X11 ttg~l~writing to the payment of tf~e obligation secured by
such lien in a manner acceptable to Lender. or shaA in good faith contest such lien by, Or defend enforcement of suchlien in, `
legal proceedings which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
S. Merwd Inswenoe. Borrower shah keep the improvements rqw existing or hereafter erected on the Property insured
against loss by tire, hazards included within the term "extended coverage".and such other hazards as Lender may require
and in such a~xx~y and for such periods as Lender require; provided, that Lender shall not require that the amount of
s~;~.h iov~,ge e~e~d tl~ ~t?olwtl-t~f co}eBra~i~aglu ReY ;,s~1~cu~d by this IMt~~ge. ~ t
The i~gulanC~ca[~~[ dye ~nsuranc~e Stia ~!~~wsen B Qrrer ~y ~ .:to,~pro, ~ p~ tpnc~; provided.
that such 1` shall ' bt} t7rirronab Withtl~9it~~tB~pp~t~~m: iurJ~~~tp s ~ !I nanner
provided ru~~pa~egr~ 2 ?+idreof dr, if ridt inEsGeh~nar+rler, dy~9orroweuh~is~irpan~~ r3K~~ly to the
irauranoe carrier.
All insurance poligifs a~ renewals thereof shat l be inform acceptable to Lender and shall include a standard mortgage
clause in favor oFand ira farm acceptable to, Lender. !render shall have the right W hold the policies and_renew~s thereof,
and borrower shall proinptljr furnish to !.ender all renewal notices, and all receipts of paitf prer?iiums. In the event of loss,
Borrower
shall give prompt notice to thA insurance carrier and Leridec Lender may make proof Of loss if not made-promptly
tfy Borrower. - ~ _ . - .
Unless Lsr>der and Borrower otherwise agree in writing. insurance proceeds shall be applied to restoration or repair of
the Property damaged. provided 8uch.reatprgtiorl or repair_is.Qtpnomically feasible and the secu{sty Qf this Moftga9e is
not therebjl impaired. It such restoration or repair is not economically feasible or if the security of this Mortgage would
be impaired, the insurance proceeds shall be applied to ttte sums secured by this Mortgage, with the excess, if any, paid
to Borrower. If `t1~-1~rbgertii-l~ abandoned bytBorrower, or ii Borrower faits to respond to Lender within 30 days from the
date' notice is mailed bylenderbd Borrowe?that the insurance carrier offers b settle a daimloo insurencb benefits, Lender
is aulhori¢ed.b cdbct and apptyths i8nsurance procaeds_at Lenders optipr~~p:resftlratiWl tt[s9pair pf the Properly
Ort~~~L~~'stlgedbYt7~nl~~~`,6 !.tfLi .uc= Y'1i~? ?`n ~ --f}~ti ~Ff~- -
. Cittt8s8 Lender ahd Q tRerwl#e ~Fgree i~,~Ti~g;'any.~ugh"application Q proceedst~,
incip~l shall not extend
or postpone the due~tfate of ttte rfibhthty instaltAieat$' referred lo~iil paragraphs 1' 2 tfetes~f off` change the amount of
such installments. If under paragraph 18 hereof the Property is acquired by Lender, all right, titre and interest of Borrower
in and to any insurance policies and in and to the proceeds thereof resulting from damage to the Property prior to the sale
o?acpuieitjgn spat! pass to Lender to the extent of the sums secured by this Mortgage immediately prior to such sale or
acquisition.
a.. PrMeer.1?stlogend Mtritlhwunco of Property;ll,e~hglds; CQndomislMels; Plearied 1Mit pewbpnter~. -
Borrowershall keep the Property in good repair and shall not commitwaste ar permitirtipairment ordeterioration of the Pro-
party and shall comply with the provisions of any lease it this Mortgage is on a Isasehoki. If this Mortgage is on a unit in a F
condominium or a planned unit devebpment, Borrower shall perform allot Borrowers obligations under the declaration ;
or covenants creating or governing the condominium or planned unit development, the by-laws and regulations of the
condominium Ot planned unit development, and constituent documents. If a condominium or planned unit development
rider ig pxeCU~ bY~$ot?~rer,~ reCQQ[rd_ed,togettter wiH?r4'?Is, airjgagQ,~he Gpveraants and agreements of such rider
shat~be incorpor$ted mtda?nd:t~81t anr~id and supplemA~nt the enanfs and agreements of this Mortgage as ii the rider
were a part hereof.
7. Protection of L~enderF Se~urity..If Borrower fails_io perform the covenants and agreements contained in this
Mortgage; or if ~Y action G~r~~p~Oc'eedir>igg K commenced which `miati9tfalfy' off 'enders interest ~iri' the ~ Property,
including. but not limited to, eminent domain, insolvency, code enforcement, or arrangements or proceedings involving a
bankrupt or decedent, then Lender at Lenders option, upon notice to Borrower, may make such appearances, disburse such
sums and take such action as is necessary to protect Lenders interest, including, but not limited to, disbursements of
reasonable attorneys fees and entry upon tb ~ ~ if Lender required mortgage insurance as a
condition of making the loan secured by th~il~g~~~~y the premiums required to maintain such
insurance in effect until such time as the requirement for such insurance terminates in accordance with Borrowers and
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