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l ~rruf.st ( i::'t ~ sti1~ ft.>rtussc'r and LcnJrr iuvrnant and agree as follows:
paymrat of principal and Intrn•st. liurn,s,rr ,hall promptly pay when Jur rhr prinrip.+l of and uttrrrst un thc•
inJr?.~trJntss cvitlente•d by rhr hIutc•, prrpaymcat mtl lair char?;es as prorideJ in the tintr, and rhr princil•al ut and interest
on any Future Ativancrs secured by this +~lottg_gc.
Funds ti,r •1•axrs and Insunncr. ~uhjrtt ti, .+ppllLahlr law <+r to a \snttc•n w~a+vc•r h}• Ixndrr, liurmsrrr shat! pa} ;
to Lrndrr on tht Jay monthly in>tallmc•nts of pnnilpal anJ lntrrc•st arc pr}ablr undrr rhr \utr_ until the tiutc• is p.,iJ in Lull,
+ sum (herein 'Funds') rya.+I to i,nr-rwelfth of the }early taxes anJ assessments which may attain priority mrr this
\1ort~;agr, aad gruunJ rents un the Pn,prrty, if an}~, plus unc• twelfth of yearly premium installments far harani rncur.{nee, !
plus unr-twelfth of yearly premium tnstallmrnts fur mortKage insurance, if any, all as rrasonahly estimated initially and from I
nmr to Write by i_eadrr un the basis of assessments and bills .and reasonable rstimate~ thereof.
•Lhr Funds ,toll be hrlJ ra an inshtutiun rhr deposits ur iecuunts of whith arc inwrcd i,r guarantc•rd by a hrdc•ral ur r
state a~;rniy (iniluJ,n~ l.rnde•r tf Lrnrler is wth to institution). Lrndrr shall apply rhr Funds to pay slid taxes, a,srssmrnts,
+osurance prrmwms and };round rents. Lrndrr mai nut iharkr fur so hu}dinK anJ .+ppl}•tnK tt+c• FunJs, analynn}; salt actuunt,
ur vrnfyin~; anJ iur.:pJln~; sail .+>,r,mrnts .+nd hills, unlc•,s Lrndrr pays Iiorruwrr uttrrr,t inn rhr bonds anJ eppluahle law
i,rrnut; Len,lcr to make ,uih tharKr. ttorruwrr anJ 1_cndrr may agree In writing at rhr time of exriunnn of this
.yu!t~;a};c thrt +ntrr.st un rhr 1-un.is shail 'br paid a, Borrower, and unless sorb agrrrnu•at is rnadc ur appltiablr law
requires wch interest to he• pa1J; Lc•ndet shail~not hr required to pay tiorn,we: any rntc•rrst or e•.umngs un rhr Funds. Lrndrr
,hell Kis'r to lturnrwer, wttt:nut il:ul;e•, an annual 3tlUUnhltk; ut rhr hunt, sht:win}; trraits and debits to rhr Fun.ls anti the '
pucposr fur which raih Jrhit to the FunJs wa. nude. !hr Funds .+re plrtiXetl a, adJltrOrld! sr:urity for rhr sum+ se!ureJ
It rhr .unr:;;n*. rhr Fur,J, hrl.i hi' LnJc•r, tu+;c•ther with thc• ruturc• munthis inst.+!lmrnts u~ bonds l,as•:+blr prior to ~
rile .iUr J.+ti, ut t.rscs, a„r,~;n,nt,• lns;:r.+nte prcn;i.un, .ut.i tirt:unJ rent,. ,hall cseri•J the antount re.iu:rc•J to ii.+}• ,a+J !axes, +
.+„r„tncnt,, ln,ur.+n,c l,rrmiun;s anJ ~;rc~tcnJ rent, a, [hrti r.+.i ;iuc•, ,uth rx+rss ,hall hr, et Burmw'rr's utttiun, rithc•r
;•:u:ni•t!}' rc'i~i:.i r„ l;,,rn;\cr;_:,r .rc•Jttrd to fic,rrc,w'r: .>n rr„ulthl•; lnst.;!lntrnt, of hunts !f !hc• .tmtrunt of thc• hunt,
he•i:i ht lender lle1! :t„t hr ,::ttiucnt ;u pay tas!•,. +„r~,rncnn, tn,r:nnte• premium, .ritJ };roan.] rent. a, thrs tall Jur,
F,r;rr~.rac•r shall i,.rs to l.cn;icr ens .un;,:rnt Weir„an to rn.ikr ui, [he• ,irfi.tcn;}• within ;U :1.+c< ftimt the vale nunir i, nrarirJ
;,y !.ender to liurrc,wcr rr.lursun~ i~+tn;cnt tht'rruf.
h,>n paytnrnt to full ur all ,urn, secured bi this titurrf;aKc, l_rntlrr shall pruml,t!}' rrh;nd a, lh,rmw'rr ani• Fwuls
t:ri.i hi Lcmlc•r It under 1'arakraph Ir hrre•u( the• property rs suit or the Properts• i, utherwue• atyutrrd h>. Lrraer< 1_c•nJer
,ha!i .,i~i~ii , nu ! 3:rr :!:an immrai.t:rly l,nur to the sale of tl,e• property ire tts atyu:>au,n h_s- I rndc-r. .{n} hunt; l:rl.i h}
l.c'1,?Ct at tllc f+t:a' r,t ai~i-t,.9tlt:R .l+ a t rrJ1I akaln,t nc~- Burn, set urrd h}. tats ~tt;rtk.+};c•
~ppliratiun of paymrnt~. l•r31r,s .tphlicahle iaw prucidrs utherwi,c, all i,atnrrnn rete•i\ra b}' I_rnJe•r undrr the ~
„rr .+::J i~..:_+sr.+i i, 1 acrd hcrc-uf sha!1 hr ai,plic-d by Lc•r..le: tint in payrnrnt :tr ;:ncn:nts i~at.+!••Ic to Center !~r Burr+:wc•r
;•at.;~;r.ti+h _ !`error, tarn to tnrerrst pa}able ,in rhr \utt, then to tl~e pnntlp.+. .,r rhr 1r.tr, o;J thee: n, intrre;t end
:n.ll,al i,n anti !'clturt• :\Jsantc•,
t. (~h.ar~;r,; Lirn, Is„rt,,:\rr ,hill ivy .+i! taxc,. .+,sr"mrnt; attd t,thrr iharhr;• t:ncs .=nJ ,rt:la,,awn,, :1[triltutehle [e ,
•.t:c i'rni;crt:' w!:i.h :r:a~ att'i^ a i>ri,>rits u\rr tlli• ~lur.+;tFC, .+nJ ira;c•hu!J ,~ayntrr,n ,=r 1;ruunJ .*cnt~, it tn>,~, in [l.r :r!+t?~u•r
.,.icy! c:r.lrr i,;r.i<r=' _ !::qtr<,t „r, it r:,,t i~.::c. ,u,h :T,.uutrt, 1i;;rr:,wcr rnak:nt i~a\:r.ent, when .iue. iare•.t!} [c: the
t:,.te, !S ;rr, l t,,,r:;.~i~ -...,~t: f.c•r.,lcr .t!! nr.ritc; a:.u:.;nn tluc :+n,ier 'h:~ +~.+r.tsrala:, +n.i ;a the csc•nt
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