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Home My WebLink About0925 ' " ~ } . ~l~t• t/:~ ~ HOfl+OMr[ ~ IA~I~ OOtlpI~DL e1f~i t~fM ~1 1. ~~M~dt Or ~ Slld j/1~!'N~. BOf4~07r~[ /!'Om~~? ~Y ~iN! diM ~M ~ O~ iLd jII1~l+l~ G!f ~ ~'Y{d0000d t~e ~0~, jll~p~ylnMlt illl~ V1i C~M M~0Y1~ lA vM iOd ~N pl~~ O~AII~ ~ly'M~ OII ~~Iwf~ ~ritll~Ml~Ct~ ~ ~ ort Tt~e~ and Is~rr~t. 3ub~d w applicablt !aw or w a writtan araiwz b~r I.~, Borrow~c ~aU p~qr to Iwa&~ oa tb~ da~r monthly iaserl~eab ot prindpal and intRSSt are vAY~?bi~ unde~ tM Note. until ths Nof~ io p~id in fid~. a wm (b~neie "F~urd~'~ ~vaal to oa? twalitA oi tM y+~s1~+ taxa~ and as~:ts which may attwin vrarity ov~r t~i~ Mortiat~. sAd ~rourxd reata on tM PropKty. if an~. ~pimr oaf . twd!!h of Yariy Pc~minm ie~talla~ata foc hatard insuranc~. ptw on~twe!!t!? of y~arty pre~miam inst~llm~mts f~ mortsy* ia~wanoe. ii ~nY. eU a~ reawnably ~atim~tad initialll~ and !lrocA lime w ein~e by l~snder on th~ brsu of aaessments and biW and ra~oaabl~ estimaca tMera~ 'l~w Phndi ~haU be l~id iA ~a iaa~itntlon tbs d~podw or oooounts ot whlch are inawrd or tuuanbe~ b~? a Fe~al or Stats a~eai,y (iactudis?i I~r if I.sad~s is ~xh aa in~oaa). I.~ade~r shal! apply th~ Ftu~s to pay wtd ta~. aweama~t~, iiuaraaos pe+emiams a»d p~d r~otr. I.rndee may aot cbarrr fa w holdins aad applyins the I~hads. aaaty:ias wid a~o~nt, ar writyinj and oompilir,~ aid aNesrn~ne~ aAd D3W. nniaa Iwsdo: pari Hae~owrar interest oa ihe Plsudr aud applicabk L~r p~raeita lendyr bn+ahe wds char~e. Soee~os~wr aud Iead~ m+~Y ~ne ia aritiat at tb~ tim~ o[ ~xacvtion ot thia Kartp~e tlist iat~red aa tM ~nda s6sJ! b~ p~d to Borro~v~r. u~d ~nM~r~ a~ch ~e~am~nt ia end~ ot appiicabM l~w rpaires wch iat~a~esi to b~ PRid. Iwad~ shali aot bt rpaind to p~y Hoer~owR au~r latrtwt or rrninp aai th~ Ftind~. Iwnd~r ~hall ~iv~ to Borro~r~. wit!?aet cl~ar~~. aa annwl aooouptia~ of the Ftict~d~ ~lwrr{at ttdits snd debib b t2s~ F~ndr a~ tbe parpaM tar whid~ s~cb debit ~o tbe El~nd~ qra4 insde. 7~e ~nd~ arr pl~d~ed aa ~ditioaal ~scnrity !or the ~aa~s aeear~d b~r thia ~i~N• IttM uoau~t ot t!a F1ads heid by L~der. to~ethes ~ritls !he !'eture rnontt~ly inst:?l1me~L of F~nds payabk prior to eM d~ datas of ta~cN, ureaments. in~waasos Preminwa and ~r+ound reats, shal! s:oaed tl~e aa~onat required to p~,y asid tua, aweNmeats. insura~noe pnminsa~ and ~e~nd rmb a~ tbsy fall doe. wc!? e:a+~ ~bdl bs. at HonoN+er'~ apeion. eitbsr PranPtlY r~paid b Boreowes or aedited to Bore~ow~ am monthl~r insaUme~4 ot F~ads. V ~lw smeun~ oi ~t,s Fnnds bdd br i~der sball not M w~cisnt co wy w~sen....e..e~,~. iaaurana premimo~ ~nnd ~roaad rent~ a~ thoy faU d~e~ Bore~ow~r she~1D pay to (.end~ unY uaoutst e~e~rry to aoalu np tf~e detkieacy within 30 days lk~om tbe date aot~oe ia n~ailed br Lmdr~r to 8orrower neQue~tiryc wymeat then~ot. Upn~n p.ymeat is, inU d all.nm...can~d by d,is Mortsa~e. Lender shall promPdY reiw,d co Borrowrer.ny tundi hekl by L~eader. Itnnd~ D~nsKvh 18 ha~eof the Prope:ty ia wid or the P:oprrti? u otliex.ri~e acqnind by L~der. Lendes.ball .vp1r. Qo la~er u,an inamediaWy peior to the aal~e af the Property oe it~ aoqaisition by Lender. aAy i~nds hdd by Leader at tlsa time of applicatio~ ~s ~ eredit a~sinat the snan~ ~ecard by thia Ma~tsa~e. 3. A~plic~tion ot Pw~rmeota. Unless applicabk law provides otherwias. afl payrsents notived by I.ender under tbe Nose anii par~rapb~ I a~ 2 ber~ot ~htJi be a~tied by Lend~r Srat in p~ymet+t of aawnnb payable to Lander by Borrower nnda par~raD~? 2 henof. thea b interat payaW~ on tbe Note, then to the principal ot We Note. ard thea !o interad and prin~ipal oa aey Feitnre Advana~. Chat~er, Lien~. Borrower ~l~al1 pay ail tases, asseasmenta and other charQea. fina and impositiona attributable to the Pr~pe~ty wi~ich may attain a priosity ova thii Mort~a~e, enc! kaiehoW payrnsnta or ground rents, if any, in the manner provided under pua~rieph 2 heasof it not paid in such manna, by Borrawer maicin~ PaYmeat~ when due. dinctly to the payee thereof. 8ormwer shali Pr«apcly furnish to Lender all notioe~ of amounts due unda thia paragraph, and in the event Borrowet ~hall rusi~e payment directly, Barrowar shall pcomptly furnish to Lender reoapb evider~cing such payments. Borr~w~ shall gromptly discharge any lie~ which has priarity over thu MortguQe; provided, lhat Bortowa skali not be required to dischar~e any such lien w long aa 80~'~^ower shsll agree in writing to the payment of the obligation secnred !ry' snch lien in a manner aeoeptable to L.ender, or shall in goud faith conteat such lien by, or defeod enforcementoisuch lien in, leQal praeedinp which operAte w prevent the en[orcement of the lien ot forftitun of the P~opes~ty or any part ehereof. 5. H~zard I ~snraace. Borrow~u shall keep the improveinenta noar exiating or bareaRer ereettd on the Property inmred a~aiiut lor hy fire, hasards included within the tsssn "extended coverage," and such vther haurds a~ Lender may require and in such amounts and tor wch periods as Leader ~ay require; provided, that L,er~der shall not requine that the amount of such ooverage exceed thae amount o! cove~e reqnired b pay the auma secured by this Mortgage. Tfie inaurance carrier providing the insurance ehatt b~ chosen by Borrowet swbject W approval by I.ender, provided, that such approval shaU not be unreaeonably withheld. AU premiuma on insurancc policies sh~li be paid in the manaet pmvided under paragraph 2 hereof or, if not paid in sucA msnntr, 6y Borrovrsr ~aking payment; when due, directiy to the inanrance carrieT. All iastuance policiri and renewab thereof aha11 be in torru accrptabk to Lender and ahall iaclude a standard mott~ase clawe in tavord , ac~d in torm accrptsble to Lendet. Lender shall have tl~e right tn hald the policie~ and renewals theteo~ and Botro~rsr shaU prooaptly turaisb to _ iwnder all nenewal notieer end alt nceipts of paid premiuma. tn the event o[ lass, Borevwer shall give prompt notice to the uuurance casr's~s i and Ltnder. Lender nwy make praof of loss if not made pmmpdy by Borrower. ~ Unless i,cnder and Borrorva otherwiae a~rec in writing, insurance procee~ shall be applied to re~toration or repais ot the Property ! demaged, provided such restoration or rcpair ia economicaliy te~aible and the+security of this Mort~a~e is not thrreby uapoired. If ~ch ~ restvratioa or repaiT ia not econanicaliy feasible or if the eiecurity ot this Mortgage would be impaired, the insutance proceeds shall be applid to ihe ruma aecured by thia Mort~age, with the e:cesa, if any, pasd to Borrower. lf the Property is abandoned by Borrower. or if Botrower taiL~ b respond to Lend~ Mrithin 30 days irom the date notice is maifed by [.endar to Sorrower that the insuran« carri~ otten to settk a claim ior insusat?ce benefits, Lender is authorized w collect and apply tht inaurance procreds at I.ender'a option either to re~torstion ar repair a~ tbe Prnper y or the sums seeured by thia Mortgage. U~ !ds Lender and Borrower otherwiae agree in writing, any ~uch application of proceeda to principal ahal! not e~ctend or po~tpone t3sedue date o the taoathly in~tallments refernd to in paragraphs 1 and 2 hereof or change the amount of such inatallments- I[ under part~raph 18 hereof the Property iu aoquired by Lenda, all right, title and interesL of Bormwer in and w any inaurana poticies and in and to the proceeds thereof resnlting from damage to Property prior to the sele or acquisition shaU pass to Lender to the ctictent of the suma secnred by thi~ Mortgags immediately prior ta such sale or acquisition. ~ 6. Prdervatloa and Maintteance of PropertY: Le~seholds; Condominums; Plnnued Untt Developmanta. Boerowerahall kee~ t1u Property in good tepair and shall not commit waste or permit impairnunt or deterioration of the Property and ahatl comply with tht provisiona ot any kase it this Mortgage is on a leseehold. i[ this Mottga~e ia on a unit in a oondominium or a planned nnit dtvebpmenR Borrowa shall perfottn all of Borrower's obligationa under the deeiaration or covenan4 creatingor Qoverning the condotainium or pLnned unit devdopment, the by-lews and cegulationa of the condominium oc ptsnned unit devetopment, and c~otutituent documenq. lt a condomininm or planned unit drvelopment rider ia ezecuted by Borrower and recorded to~ether with thia Mort~age, the ooveaaats and agreements of auch rider shali be incorporated into and ahal! amend and supplement the rnvenant~ and aRreement~ af thia MortQa~eas ift2u rider were a part heseof. 7. Protectioa o! I.ender'~ Security. It Borrower faib to patorm t!u oovcnants end a~reemmts co~tained in thi~ Mort~a,~e. or if anp action or proseedins ia cammenad which materially af[ect~ Le~der's inttrest in tbe PropertY. ~~1~i. ~t 4~ limited to. eminent dumtin, inwtvency. oode aiforoes~a~at, or arrac~emEats or prooeedin~~ involvin~ • baakrupt or decedent, then I.euder ~t Iwade~'a optioa,npon c?otia W Borrorrer may make ~ach appearanaes, diabune auch aueru and talce wch artion as iu nevessarY to peot~ed I~ead~'~ intw'Mt. inciudins. but not t~mited to. disbunea~ent of reawnabk aitorney'~ fee~ and entry upon the Propesty to make repai~s. It Lendee nqoind mort~aie in~nroace a~s ~ oonditioa ot makins ehe toan ~ecured by this Moet~+~e, Bortnwer rhaU psy ths pcemium~ teqirirs~ to maiataia ~ ~nch inaurance in efPect nntil wds time w Lhe requircment for rnch uuuranoe terminata in accordance ~+rith Harrow+r'~ and 1wQd1~ rvritten a~reement or appt?cabk Iaw. Borrower shall psY ehs smount of all mortQase i~uuranoe praoiuau in tbe manne~ ye~ovi~d and~ para;r~ph 2 bereof. My amonntr disbnned by Lender p~uswat to thu pua~raph with iatrrest thereon. ahaU beoo~ne ~dditiotial iadeb4edaws d Borro+?er ~ecnred by tha Mort~~aQr. Unler BostoMrer and Lender a~x~ee to other c~ ot PsYrntnR arch amouat~ ~hal! ba py?abie opoo notice fr+om Lenda ta Boreower rpn~stin~ WY~nent thereof, u~d ~hal1 bear intercN from the data ot disbnr~anent st she ratt payabb hos time to timc on out~tandin~ principal ander tbe Note nnk~s paymeat of intcre~t at wch rate woaW bs oontrary ta appt'scaWe taw, is+wAic6 wait euch amounes ~hall beu int~at at the hiit~ass nse permiaaAle nada appticabk law. Ndhint'.~~~~ ~all reqnue Lss?der to incur any espet~se or tska u~Y ~ hereanda. _ _ ~ g~364 p,~ 9z5 . . . ?