|
... . ... tk j;,�y �. �:� . Yftit {}^ j -
<br /> 1 . L J.
<br /> - -1 n�, .. . � ' , . _ ' .!. f ti��.!-�d:
<br /> .YF9Y7E 'j1°1 1 '�� �� �f —..__' _— '�9 j°
<br /> .
<br /> ��.
<br /> -.... �{t� y��.
<br /> . _..� � i,� � ...: , ..–..... __ . .
<br /> __
<br /> .. ...,.. , ,. � . .. . . •�:..� _
<br /> �. ���'`_� .
<br /> ,. ,. . . • . .. �
<br /> • �. ,h .�y � - . - •
<br /> . . . ..
<br /> � �
<br /> - -,�/� .1 `�1St{I�b�rW.-.. • \ .l.'��`...���rnMl...N.w .__.R.. �>_?'!e�'.'''_'�!L`".._ _ .� _. ._ �'. . .
<br /> .
<br /> .
<br /> . .
<br /> .
<br /> ...
<br /> .�
<br /> `� ....:.n..�.r,.�.utn.' . .. : ..._...., .. ... . ... .._. .... .. . .. i' -- -
<br /> ..l ys•.,is•.�. ;,.-h,.
<br /> �U'
<br />:. •;r�:' �7-• �,���.95
<br /> d=.r
<br /> ..� _ ----
<br /> ' If i2nrrmver p�+ys 1�mds to L.end�sr, ths Funda ehall be held in an institution the deposits or accounts of which are insured � ::.
<br /> or �uemnter.d t�y u federal or etac�c ��Qency(incluclin� Lender if L.ender is such xn institution). Lender Ehall npply the Funds to i���'�`
<br /> , pny Sfl1A IFtK�fi,nssessmente, lllfiUfRI1CC{1iCt11lUU�s aad ground ren[s. [.ender may not charge for so h�lding and applying the Funds,
<br /> r�' enflly�an�;Fnid accuunt cr verilyln�and compiling s,�id assessmentv +uid biUs,unlees Lender payh Horrower intere:t on the Funds
<br /> �-- i{�"`t and applinahlo !mv perm�te L.enuer �u mxKe hucii a charge. Borrower �nd Lender may agree in writing a[ the time of execuciun �__.
<br /> '�. of this R:eA of Trus[�hxt intere9t ou the Funde Hhall ha pxid ro Barrowar, and unless such agreement is made or applicable I�►w
<br /> raquiroe such interest to ha paid, l.ciuler eh�ll not be re:�uireJ to pay Horsuwer any Interest ur curninge on the Fuitds. I.ender ,
<br /> �;'��., ahell givn to Borrowar, withota chnr�;e,an annual nccounting of the Funds Fhowing credits and debits co the Funde and the
<br /> �. � p�u-puse for wnich cucl�cleblt to the Cunds �vas made.The Fimds are pled�ed xs HJditiortHl security for�he sums secured by this
<br /> _�• i'-� Deed of Ttusc.
<br /> .>:,�:�-�_..�
<br />_ -' - If tha amuun� UI 111G CUUtI9 116111 Uy�LC.u�ia.i��;ether H�ith the t�turo manttily i��stallmente of l�unds payable prior�o tha due
<br /> """�°��'�� dates of saxas,asses�nenta,ineurance premiums and ground ren�s,sl�all exceed the unount required u�pay said[axes,xssessments,
<br /> ��, inswanoo premiu�ne a�id IIround•reiue a.9 they fall due, such excess ahall be,at Borrower's option, either promptly repaid to -
<br />• � c;.. '�<:
<br /> 7{�`�� Borrowc�r ar credited to Borrower on mordhly installments of F�nds. If the a�nount of the Funds held by I,ender shall noc be ,��-
<br /> r".: sufficiont to pay taxr.s,essessmentA, iti5uranca premiums and ground rente as they fall due,Horrower sha11 pay ro Lender any '��.-�
<br /> ' '�� ' amount �tacessary to ma}�c up We dr.&ciency in one or more puymente as Lender rnay raquire.
<br /> Upnn payment in 1WI of aU Runw secured by this Deed of Tsust, Lender shall pramptly refluid to Horrower any Funds held -
<br /> ��?�,;,..�.., by I,ondpr.If,under pxraIIraph 17 her�,of the Property is sold or the Praperry ie othsrwisa acqidred by I.ender,Lender ahalll apply, �'-'�
<br /> •'"?�•f- no lntor thau inuned(ately prior to du: sale nf the Properry or its acquisition by Lender,any Funde held by Y.ender at the cime of
<br /> • app11c�tion As a aredit against the m�ms secured by thie Deed of Tnut. �,�°�
<br /> � -
<br /> ' 3. �4�upllcatlon of PAyments. Uuless applicabla law provides o�herwise,all paym�n�s received by Lender under the Note and Y
<br /> :, ,'r p:sag�apba 1 xnd 2ltareof ahAll he a�rl�ed hy T.ender tirst in payment of amowits payAble to Lendar by Borrower under paragraph �:.
<br /> � 2 herco�;�than to intarest payablc oa the Note,and then to the principal of the Note. ��,..-
<br />' ' , ��`<:�• 4. I.�fiur Mortgages nnd DeetTn af Tr�t;Charges;Lter�s, Borrower shall perform all of Horrower's obiigadons under any _=
<br /> X• mort�ags,deed of uvst nr other .^.ec�uity agreement with a lien which has a priority over this Aeed of Trust. including Borrowar's
<br /> , ! "� {4-'.,.
<br /> ,,_� covenants to mal:e paymonta �vheu due.Borrowor shall pay or cause to be paid all taxes.assessments, and other chazges,fines �•--
<br /> and 'unpasidoits atuibutaYle to �.��r. Property which may atGVn a priority over this Deed of Trust, and leasehold paymenGS or �.
<br /> .j groimd nents, !f any.
<br /> . y. C�azurd Insiu�uice. Borrrnver shall keep the improvaments now exisang or dereatter erected on die Proper[y insured _
<br /> . agaipst loss by fire,I�azacds included within the term "ex[ended coverage,"and such ot�er hazards as Lender may require and in _
<br />-• ' such amounte az�d for euch poriodu a.s I.ender may r�quire.
<br />- � '�' Tha lnsuranee carrier providing the insurancc:shall be chosen by B�rrower subject to approval by Lender;provided,that such
<br /> - -;;}, approval ShaU not ba unrcaso»abl.y withheld. All insurance poliaies and renewals t�ereof shall be in a form acceptable ro Lender
<br /> r�:. " und�hall ineludo a�tanclara morcg�age ciause in ravor oi and in a iurm ace;cpiaolc w I.euua,.i,�r�3a; sh�:ha.c L�t ri�:i�l:o:��
<br />_�;;;,� t.�,,,,',:� ` th�poi[cies and rena�vale thoreoP, rrabject to the terms of any mortgage,deed of trust or other security agreement wich a lien which
<br />_--: � . '`' ' h�priority ovnr thie Aeed of 1'ruut.
<br />'`"� '�` �' In the evam of loss,Hanowcr shall give prompt nodce to the insurance cartier and Lendar.Lender muy make proof of loss
<br />�ll�ii>`,.'xa��"�
<br /> �''�" if not mA�le rom tl b Borro�vcr.
<br />'+��s;ti;..:, P p Y Y
<br />-��.,�.:�..f.. �'�ho proporty ie abandonecl bv Borrowet,or if Bonowet fails to respond to Lender within 30 days from tha date nodce ie
<br /> � -- �•.�,
<br />�-"�'?=�'c • • mallod by Lendar to Borrower tlwt the insurance carrier offers to seale a claim for iasuranca benefite,Lender is authorized w
<br /> -�°���'"�'`��`' collect c►nd apply tha insurance praceede,at Lender's opdon, either w restorarion or repair of the Property or to the sums secured
<br />��� 4.�
<br /> �:�:�.:.� by tNa Deed of Tnut.
<br /> u`''-='��{ " ' 6. Preservation and Matntauance of Property;d..ea5ehotds;CondomWums;Planned Uatt Developments. Borrower shalt
<br /> - =�i� --
<br />�i�'••L. ' kee tha Pro crt in good m sir and sl�all not comrnit waste or ermlS impairment or deterioration of the Property and shsll
<br />--—�s.,,;, � P P Y P p
<br /> ---' comply�vith tho provisions of nny lease if this lked of Trust ie on a leasehold.If this Deed of Tr�st ie on a unit in a condominium
<br /> _._,;,��s�+�� or a plAnnad unit dovolopment, }3�►nowar shnll perfortn all of Bonower's obligations uader the declarauon ar covenants creating
<br /> r - ��:�•� or guveraing U►e condominiwn or plaw�ed unit development, the by-laws und regulaaons of the condominiiun or planned unit
<br />_=�,_�Y�'! d�velopment, and constituent clouumenta.
<br /> °---.,:;.��r T. ProtecUon of Lender'9,citxarliy. If Botrower fuls to perform the covenants and agreement� contained in this Deed of
<br /> ��T�..�� Truat, or if any acdon or procceding is commenced which materi�lly affects Lender's interest in the Property,then Le�ider, at
<br />'
<br />
|