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l1~•~i~ a~.: C~ .'.A`.T$ 9~•r~~~v. ...,1 L.::~n~.. CO?rnd~~t d~A a~{•~~ .~t ~a ~ow~
~ / PavmeM ol P:~n~~p~t a~~A I~~tn~est 3~~~~.~~~ ~ ~,v,~,~.,~ t~.+~ r.~.+n ;t~~r i,+n,c~i»I uf a~A ~~,tc~~`~t ~n tn~ ~n.
C~D'~C~lc`SS itt~•~t'1 !r: l~`~ ~1t~~n ~•~r~~J'.n•nnt .]nil Id!P ~h.l~.tl'~ J~ f~'u~~.!v~1 ~n ll~u hl[~i.~ .1nA tnC D~u~~ ~itd~ n! d~~l ~~VCfCit On
an~ F~tu~r. :+.tv,l~~cES sCCu~ri1 tiy :~a~ tt.~~tq~uE
Z Funds ~Of Ta.es J~1[~ (n~U~.H1GC rjuh~Bi 1 tU .lt`i~l~Cn:~ir lJ~V ~N IO ~.nfte~~ ~V.I~y~•~ h/ Ll'nltc~ ~(~NnWVI gh.l~l p~~y !O
LPrilr.r P~t tnr tl.~y in.u~t~~t~• ~n~t.lt:rnrrtlti ~l1 ~:rinCr,).I! Jn~) ~nl~•e~•tl .N~• 1~J1•'~i1~~ ~~ntl~•~ Nu• tlult r.••!•~ ~:~>t:' :C [~.ull u~ lull J SbR?
~n~~rn~n Funds 1~~~~n.U In uu.~ t~V.•.lth ul t^~• he.ey .~u~l .~~~~•~•.m~•:~Ie wn•+ 4 ma~• .~tt.roi ~u~+u~ty ~~v._r ~h~y ~.1o~t•t..~~^ ~nd
g~OUf~A ~e~IS O~? th~ P~uji~~~tY ~1 d~~y plut u~~n h~'e~lit~ Ut y~arly ~i~rm~um ~n•,1.iilmnn~S (~u hdlAi~l u~c~p~nVt {d~~S OI~P iwM1~h pI
~ YrJ~ly (~~Pm~u~~ ~~~St11l+~~f~~t~ ~ur mi~it.~.1~~C n~~ur.U~CI• ~I Jny ~II dS Ic.~sun.~hly i•~.lun:~~@~1 n~iti.dly diw) I~uin t~m~t In lunr. I~q 1 o~~rl~r
pl1 IIIQ 11J~~~ O~ .1\\I`111111`UtD .Illi~ f1~115 .1~111 ~~•.~~1`~t.f1111' t•~11itl.ltl'? tilClCrl1
Th~ Fun.li sh.~lt l~~ Iw•I~t ~n .~n i~i.Ll~~l~un Ihr ile~~~~~itc ~n .u ~'uun1~ ul ?vl~ul~ .~~t• ~~~~+~rr~) q~~.~~.~nlee~l hy Fl~l~r.~l tw ctalC
~g~nCy (u~Clu~bn~~ lwule~ il ~cn~ICr i? ~u~:l~ .~n u~~Hh~b~~~~} l~tmlv~ sf~.dl .q.~dy ~lir. Funih lu {idy ti.?~d U~~r:S. :~~SCt~u~c~HS. ~n-
SWa~~CC ~x~m~~uns dnd yrO~uai ~ri~1a lC~~~l~~r miy ~~ot thi~~~c lur ~u I~ukli~?~~ ,u~d :q~~dy~n~~ Ih~ FUMIS. A~1JIYl~IItJ 5:11(~ JGCUUII{. Of
vCnly~ng ~nd COn?p~l~ng S~Kt issess~uC~~is .n+ct b~liy. unle~s len~lcr ~?.~ys Eluuuwe~ .ntr~i~st un II~C fun~ts ~nd ~~?pbCtil~iC iJw pC/•
m~ts lCnder 1u enake such a ch;u~~rt Bonowe~ and le~?de~ may :,~,y~~r u~ w~~~~n+~ ~he ume ol execuUat uf tlus Mnrtyage that ~n-
Icr~st at thr Fu~ds stwll De pa~d ta Uo?r~wcr. and uniess ~u[h .iyr~~mi~H ~S madc or a(~t?fit:+ble iaw ~c~pures such ~ntcrc~t to be
pa~d, Lende~ s1~i11 ~~u1 bc requ~~c~i to p~y Elo~~ower any ~nte~cst or raimn~~s un thc Fu~~ds l~ntfer sh~ll t,J~vc 1n Our~owc~. w~ihOUt
tharge. an ~rtnu~l ~ccount~n,y ol U~e Funds showm~ ctcdils ~n~l ttcl?~IS tu tl+c F?uals .-~~~rf ihe ~,u~~~ose lo~ v~inch each dch~t tu the
funds.w.~s m.iAe The fundi arC pl~dcle~i as add:UOn~I Sctu~~ly tar Ihc su~ns se[urev by tlas MM1yayC.
I( lhC a+ti~uunt o) ihC Furnis hCtt1 I~y Lr~utC+. toitCU~Ct wNl? lhC I~~twc monthly ~nstallmCnts OI F~mds payablc priot to the duo
~!ates ol t»es. ~ssessme~~ts ~nsu~~nce ~~rerneurns ~nd ~~rot~n~i rCnts, shall exceCd thC ainoui~t ~eqwr4tl to pay sa~d taxes.
assessments.n~surance prC~wms ~nd c~round ~cr~ts .ls tl~cy (iil Auc. Suth extcss Shall I~c. dt 80rrowcrs oplion. e~thet promptly
?cpaiA W 8orto~ve~ os CredUC~f l0 8oni~wer on monlhly uistilimcnts o( Funds :1 thr. amount ot thc Funds held by Lender shall
not be suit~ucnt to p:~y ~ates assCSSmC~ts. u?sut~ntCV?Cmiwns ~nd ~rounll icnu as Ilicy fall due. Bor~owcr shall p~y to Lender
any amount n~cessary 1o makc up the drf~C~enty w~th~a 30 days t~um the dale not~tC ~5 madcd by Lendrt to Borrowet
re~ucs~~ny pa~•m~nt th~rcot.
Upon piYme~1 in tull u1 aU sums secured by thtis Mo~~i~a~c, lender shall promptly relund to Bnrrov.cr any Funds heid by
lender 11 undcr ptriqr~ph 18 Nerrof the PrnpCrty is Sold or 1he Pro~erty ~5 othe~wise atquirCd by Lendcr. LCnder 5hall apply. no
latcr than immed~atcty pr~or to the s;~le ot ~he Propcrty or ~~s acqu+s~t~un by lendcr. any Funds hcld t~y tendcr at the 1~me of
appt~caaon as a creAu oga~nst ~he 5:ims secured by th~s Mortg~qe - '
3. Application ot Pay~~~ents. Unfess appficable law prowdes otherwise. all p~yments recerved by lender unde? the Note -
and paragrap*~s t and 2 hereoi shalt be appl~ed by Le~der I~:st ~n paymcnt of amounts payabte to lEndcr hy Borrov~er under
parag~aph 2 hereo(. then to +nte~est payable on the Nutc. tAcn to the p?mc~pal ot thc No~e. and then tu ~~~~~resi and pr~nc~pal on
any Future Advances.
4. C}iarges: Liens. 8orrower shatl pay aii ta,ces. assessments anA ~tf~er char~es. f~nes and ~mpos«~ans attr~butable to the
Prope~ty ~vh~ch may atta+n a pr~onty over th~s Morigage. and leaseholA payments or ground renls. il any, in tlie manne~ p~ovided
under paragraph 2 hereoi or, if not pa~d in such manner. by Sorrower mak~nc~ ~ayment_ when due, d+recs~y to the payee t~+ereof_
Bocrawer shafi prorrptty fum~sh to Lender all nohces o( amounts due unde~ th~s parac~roph, a~~d in 1hc event 8orro~ver shail
make payment directly. Bo~rower st~ail pro~nptty turmsh to Lender rece~pts evidenc«g s~~ch paymems- Borro~ver sha11 promptly
dis~harge any tien wh~ch has pnority over th~s Moc~gAge: prov+cied, ihat 8orrawer shalt not be renuued to d~scharge any such
Ge~ so Iong as Sarrower shatl agrr.e in wnung to the paYment af U~e ob!:c~aua~ti secured by such hen in a manner acceptable to ~
Lender, or shall in good la~th cantest such lien by, oJ clefend enfortement nt such ben +n. legal p~oceedings wh~c1~ operate to
prevent the entorcement of the lien or (or(eiture ot the P~operty o~ any part,thereaf. ~
5. Hazard Insursnce. 8orrower sha11 keep the improvements noW exisung or herea`ter erected on ihe Property insured
against lo5s by fire, ha:ards incEuded within tfie term "extended co~e?age". and such otl~er hazards as lender may require and
I in suth amov :ts and Ior such periods as lender may require, p~or~ded. that Lender shaU not reqwre ihat the amount o! such
~ coverage exceed that aniauat o( coverage requ~red to pay the sums secured by th~s Mortyage.
The insurance carr~er prov~dmg the insurance sha11 be chosen by Borrower subjec' to approval uy Lender: provided. that
such approvat shatl not be unreasonably withhe~d. Atl prem~ums o~ ~nsurance pot~c~es sha!f be paid in the manne? provided un-
der paragraph 2 hereot or. i( qot pa~d in wch manner_ by 8orrov,er m~k~ng payment_ when due. duecUy ta the insurance carrier.
All insurance potic~es and renewais thr.reof shatl be m lorm accepta:~f^ to Lender and shail ~nclude a standard mo~egage
G` clause ~n (avor of and in torm aCCepiible to 1_ender lr.nde~ sl:aU have thB r~ght tu hvld the pol~c~es a~id renewats therco(, and
f Borrowar sha11 promptty tu~n~sti to lende~ all renewa~ not~ces ~nd ;,1{ recc~pts oi paid ~rem~ums In the eve~~t ol ioss. Borro~ver
shall g+ve prompt nat~ce to tf~e ~nsurance carner and lender le~~.ler may ~n;~ke prout ut loss ~i not made prpmplty by Borro~ve~.
i U~~ess Lender anci Borrower otherwise agree ~n wr~tiny. ~nwt~nCe proceeds 5~»II VC ~t~P~~C~ !u sesWrit~on or rep~ir ot the
~ Property damaged. Drov~ded such ~estoraUOn or repau is e~onc?m~citty (e:?s~ble an~f ~hc se,-ur~ty ol th~s hto~t~~a~1e ~s not thereb~~
impaved if such restaret~on o~ reoau is not econom~caliy leas~hle ur the secuuty of !h~s Rto~t~~i~~e ~voutc4 Ue impaued. (hC in-
~ surance p?occeds shall bc apn~~e~f to thc sumi Seturrd by tl~~~ Mnr~~~a~c, wi~h the ~xcess. ~1 anY• 4~a~d t.~ Bo~ro.ve~ {f !he
Propcrty ~s ahandoned ty [3urruwer, or ~t Horrower tads to respond ro lender wnlti~n 30 Aays irom ~he clitc nut~ce ~s mided by
Lender to Bo~rower ~h3t the ~nsurante ta~rier oflers to setUe i cla~m for msur.~nce benehts, lencter ~s authorucd to collect and
apply the msurance pro~ee~s at Lencfer's op~~on e?th~r to rP~!oca~fo^ o~ re~a~r ~i t?+~ Prope~ty o? 1he simss 5CCUred by this
Mortg3gz. .
~ U+~less Lendn_r ~nd BarrOwer OlhCrwise ~gree ++ti wnt~ng. ~ny such ap~rlic~h~~~ of prot~«Is to ~rii~cs~»I 51~~I4 not cttend or
postpone tnc duc d31e of the monthly ~nstall+nent~ rCfcrred W in par:u~r~t+hs { dnd 2 1~c?eof or chii~~~e the oniou~~t ol suCh ~n-
~ Stailments ii under p~ragraph 18 he;r.of tlie P~opcrty is ~cctinred hy lcniter. .i:l r.~~hf. t+tlC ind ~ntC~CSt ul (3onowCt in ~n:! to JnY
insurancc pot~c~es and ~n and tv ~!~o proccccls t~:crcul residtu,y fsc~m d.tim:i~~c ic: th~ Prupr+ty ~~nor tu ~hc sal~ ~~r att{u~a~t~un Sh,ll)
pais ro Lendcr to lhe extcr~S a( ihC sums ~cCUrcd by Ih~s Ma~fy~gc ~mn~ecl,atcly {u~or ro sucf~ s~lc ur ici~u~s~uon
6. Preservat~on and Ma+ntenanee af P~operly; LcaschulJs; Cundom~iiiiems; P~.umed Un~t Ucvclop~e~c~~ts. Uoriorve?
~ shan keep th~ Prc?pcr~y in good rep~~r and shall not to~nmit waste ot pr,rm~l imp~umt~nt ~~r tlelennrae~on u! lhc Propcrty ~nd
~ shall comt?ly v+ith ei~e p~av~s~ons o~ a~tiy tease Ih~S (Vlu~lgar~n i5 Un ~ Ic~SChnttl i1 lhi~ h1ii~~i~.i.t~ ~S On 7 u~bl ul :1 COn~lO~rnnw~»
~ Ot B PfannCd umt ~tevelopment Borrowe+ shaU ~eatc?rm afl ol ponrnvr~"s ubl~~~~t~ons untl~~ Il~i• ~I~d~~iUi'`+~ ti~ CRVt•n~~~ts Crr.Nmc)
i Or qove~ainy the tonitumin~urn o: plJnnl:1 u~ti~i clrve~q(»~C~~1. [hC by I.~tti5 af~d ~i•~~~~1.lt~nn> t+l it~~ Cun~iurn~mUm ctt ~+I.~nnC:l urnt
' dev.:lopm~itl. and iunshtuent dntuuwnls J eonclumuuuin ni pl~nnr,~1 W~~1 ~Irveln•imcnt ~idci ~s r~ec~iteil b~• flrorc~~vi~r .u~d
r ~eCU~t1Cd 'UC~C:hCf ~v~lh lhi5 1~14r(r~Jr~~. IhC COVPnd~~l5 Jn~l :u}~Cemenl5 O~ St~Ch rnl~f ch.lll 1~~ inGU~~~A:.lt~'~) ~nli~ .~~~tl ~h.~:l .~~~~Cnd
and SupplemCnt Ut~ CoveaJn[s an~t ac~~ee~nenls ul IInS R1cdt~~J!~e ds iF lhe ntt~t we~r. .l p~iit 1?L~eut _
7. Protect~on ol Len~er's Secu:~ty. fl Bunower f,?ds to {,erl~~rm Ihe tovrnants and a~~+ermrnt~ cant~~~•ed ~n tn~s
~.1prl9JgC or ,f.any aa~o~ or proceerf+ng ~s commer~ce~1 .vt~,cn m.?~e~~:~Hy att~•~IS l~•n~tr~ s mt.•r~•ct ~n Ih~ Priq~~r(y ~ntlu:l~n~) t~ut
~ l~Ot hm~(Cd t0 em~r~!nt dOtTSJ~t~ N~SOWC~1Cy CO(7tl C~1tO~Cl'r~li•nt Or ,)rrJ~~~~~~tH•nSS Or ~nt~CC~•tt~~lqc in~t•lv~n~~ ,1 1?Jn?rulN 4.I
~ deCPC!Cnt Inrn lenil~r et lent7r_r S OC+ht~n, u~o~/ nohCC 10 Borro~~~•~ mJy m.i.r suC~~ ~Vl'~J~~nCCi G~~t~.~r~C suCh ~,~iiti~ an0
; take such act~o~~ .:S i~eceSS~ry to ~roteGt LrnCci s~~rc~est ~nUuA~ny Dut nvi [~~m1rA tJ d~SLU~SeR~t'~~t O) rt'Jil~~~.~l~~e ~ttu~nPY S
( tee, Jtld rfli'y upUn ti,r P~oc,C~~~ tA rtl~i~p t~i'J~~S 11 ll'~~(:C~ fC(Iu~tFA fT7Uttit.~~it nl~t~~Jn~e dS tP.hO~~.~lr:r, a;hl~f~•_v s ~res anc7
~
lnSrV upOn lt~N P•O,~r*:y 10 ir.lrr ~CDJUS It lenr.er rCQw~rd a•ottr,,ye ~~~SUtAnCr, ~fS d CO~ut.t~c~n O~ ~d•~n.~ tf~~ ,uan SrG~~ed
tn~S A1Jr(~oyc. 8W~0~~2~ Sh.~ I pJ~ :hC pr~m~~,ms rrq~nred t.~ m.~~nlJ~r~ Su~'t .rf~u~l~~Ca' e~frU untrl SuCh I~T~ JS /nC
~rQu~r~meni f::~ S..Ca inS~~dr.CB SC'~~~nd!2S in 3CCu~.^.JnfB v~,lh ~Miv.~!•r 5 d~•rt L~nACt S Wr~ItBn ~yrre~nri~t G+ dDC~~:d~1~~ :dw~
80ucriC~ Sh.f~l D.1'f Ir'~ 3m~yu~~; d! J'I ~nJr(~.1:;~ ~ACUrJ~tCP ~r ~vl t'+@ ('f~pr~:+c1 ~~~~Ac~ ~~.l~J:j+3a"1 ~ hri~~~
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