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<br /> �.�.
<br /> .f; -� ,. . � � . ...
<br /> � '� :
<br /> seised of the cstate herebY m�Y t to and aamey ' . : .-
<br /> ' � ed and has the righ 8�� : .
<br /> ; � Boirawer mvenants that Borrow�����pt for eacumbtaaoes of record. Bomawrer oovenants that Boma�r ? .
<br /> . ; �p�perty�and tbat the PraPertY� a aU claims and demaads.subka to encumbre�s � . .
<br /> wareaats end wN defend general�Y���� �aad agtee as toIIaws: E
<br /> . UNIFORM COVENAN'15- B� rom wheu dne the�tlncipel and iateresc iadebtednesa .
<br /> 1. Fay�cn�oi IMmdpal�d lnte�. Bnrrower sl�al]p P�►Pa9 � .
<br /> evidenccd DY the Note aad iate charSes as P��t�a Notc. Lender.Bosrower shall PaY t° f
<br /> Subj�t w appl�abte laar or a arcittea waiver bY ,
<br /> 2. Faads[os 1�es oaa Insaranae• ble under the Note.uaal the Note is paid in full.a�Q� .
<br /> ' ° Lender on the day montbiY PaYmcnu at pri�Pai a�interest ar�PaYa coudomiaium aad plaaned � j ' .
<br /> (tterein 'Fuads� e4ua1 to one-�a�elfth of ihe ye3cty+ mass aad ass�smeat+ (�8 ��on[he Prnpercy►.ff any,'
<br /> j whish may attain ptinritS►over this Deed of Trust,and gm �
<br /> ' devetoPmeat assessmen[s.if aay) remium iastallments for �
<br /> plus ane-twelfth of yearly premiuia instatimcnta for haaard �m tfine to time b7►I.ende�r°a the basis of a��� f.
<br /> -__.� 7 monpge insucance,if anY•all as reasoaabty estimated initiallS► nts of Funds co Lender co� [, _. .
<br /> i and b�is and reasonable estimates thhereof� Borrower�lder of�p�rior�mortSaf,e or d��of uusc if such hotder is an� � _
<br /> :� the exteat that Eormwer makes such PaY�� °
<br /> � institutioaal Ieuder. osirs or s000unts af which ere�Q
<br /> If Bormwet PeYs Fvnds to I.ender,the F1�ads shatt be heW in an iastitutioa tt�d�P ��r st�all apP1Y tbe Funds .
<br /> ' g�atanteed a F�or s[ate ageary(����imd re�Leader y i�ritutioal-
<br /> . o: tiY ma not charge for sn bobding aud aPP�B� . : _ _
<br /> to pay said taa�s.asse�meass.�p�P���p�nts and b�1Ls,unt�s I.�nder PaYs in writing at the tUne
<br /> � FuMs.ena�rdn8 saW s000uat or ves�ying Bortower aad lender maY� . .
<br /> � the Fuads aad appHcabte faw perrnits Lcader to make s�b a�S�- �B�mwer,and�mless sach agree�meat is made ,. .
<br /> ' of execudoa of this Deed of'IYust tha[fatetest on�g nnt be re4uired t°Pa5►Borrawer anY inter�ar eamin&4 on ; . . „
<br /> ' � or app i i r a b l e taw r e q u fi r e s such interest to be P� an aannal acao u n�n g of the Fhnds showmg c���bits to
<br /> .T:•:.
<br /> - the Fuads. Icader shall�tOw��'�uw the I�l,ads was made. 1be Fuads are PiedBe+d es addisional securi�►for . -,
<br /> andthe utpas� � ,
<br /> t h e F u a d s P��o f T r u s� I e ri u r t o t h e
<br /> L,�r,�8ethea witis t�e fut�ue mnnt6l}► o f fl�n d s p a Y a b P �'4
<br /> . . '; �If the amount �����arance Premiums and Ero�rents.sball e�eed th�e am��imt re�l�t°pay said t�. • • .
<br /> � .�: ".g duedatesoftaxes. �miumsaadgioundreatsasthe9faAdue.���b�atBormwer'sopSoa,eitherprnn►PUY � . .- .
<br /> ' � assessmeats.ia5uranoe P �nts of F�S. Tf tne arnmmt of the F�nds�ew�3►� . ,
<br /> ` ��:: to Battaaver or�edited w Eormwcr on mant�Iy T���uad reuts as theY faA d�.Bnnrnver ahati pa�►
<br /> •,:::��.: ,? �c be su�icient w PaY�.�`�'msuranoe P as Lender ma�►�1�-
<br />- '`•���`r�. 1 to Le�adet an9 a�a°°nt uecessatY to make uP the deS�n°Y��ne or moie��4����$�y�et atiy Funds " .. ' '
<br /> ;; tt�is Deed of Trust,I��dei is otLernLse a�u�r�d�Y��'I'e°der ';
<br />-r_ ' �.� �.� U a payment ia fuA of aII swns scc�ued by is sold or We Fm}pert9 ... � .
<br />— • ,.� held bY I�ende� If wxler ParagcaPh 17 het�eof the ProPertY or its aaquisiti°a bY L�ender,aa9 Funds held by I� ,:-,�.�;i.�=
<br /> te rior w the satc of the Proper�Y �"�,,.,
<br /> - shaD aPPIY,no later tban immedia �y P �sums sea��bY t��of Trus� r�����r under the Note .`�.� s ..
<br /> � . ' :� at the time of applicaitoa as a credit a�st y othetwtse,a11 P� .
<br /> 3. M?D�tlon of P�►enta UNess app1twwble law provi� �nt�f aaiounts payable to Leader by Borrowe���
<br /> --_ -; and pnragraphs 1 ary�2 heteof sIrd11 be applied bY L�encler of the Note. _r -
<br />-�. ' ara h 2 herec:��to interest gayable oa c�Note,and t���� ,
<br />_���:�. � � P �P �p�oq Ztias����� Sormwer s�Il Peifortn aD of Bormwec's obHgatioffi under •
<br /> '-� 4. P r i o r M o� a nt w h h a li e n w h i c b U a s P r i o r i t Y o�e�chis Dced of Trusb includin�
<br /> hi ` ;:
<br /> � • � ��,&e deed of mLSt or or�us s�������or cause w be p�aII taxes.assessmenss and other ,� .
<br /> ��'t �::": > . ��Ps oovenants to make� attata a rity aces naas Deed of Trnst,a a d t e a se h o W ;;;=
<br /> ,�:�.;.:`�� �:j � c�rges.fines aad imPo�°ns at�table to the Propesry w1��l► P�0 �'`,-
<br /> ,V.,
<br /> , � . . - Pay�lsoTgmuadreats.ifanY ��arhereaftezerectedontheProperty .--�--�':•'*<`.:--
<br /> ; i��stued
<br /> . , 5. Hamrt�/nsar�nce.Bosrower s2iaII keeP the�P�� ',..:,
<br /> � , i "effiended Wvei'aSe°.aad&uch other t�zards as Lcnder msY tequire� . .r
<br /> . .. . a�inst�oss lyy fae.�ds include�l within the term ;:
<br /> � ia sucb amounts and for suc1�pertods as I.eader ma�►r�l� Bormwer subject w appmval bY I.ender:P��1ded.that . , �..
<br /> , 'ihe iag�ranae carrler PlavWi°g���shall be c�b�+ thereof shaII be ia a foTm ac�ePt�le .. . _.�.�P:.
<br />- � � such appmval shari nnt be uareasonablq witt�hetd. All iasuranoe Poticies a�d renewals Lender sball I�ave , .
<br /> �:�� . to Lender aad shatl lnclude a staadard mnrtga8e cl�use ia fewr of and i���um aaeptable to Leader• ;` .
<br /> to the terms af a�►mortgage.deed of uuwt as other secudtY
<br /> =: �, ; � the dp�t w Iwld tT�policIes and renewaLs theceoL�J� �� ,. . . . .
<br /> .�''' ,!;;:�:, .. agrcement wttt�a lieu wbich has prioriry aver�D not�oe w the insuranoe c�rrier and I,eMer• Lender maY make Fm�f of , -
<br /> .., ..,,�,�.., , � �tlie event of Ioss.Borrower bhall g�ve P P -. , .
<br /> ,; . _ loss if not made PramPUl►bY Bormwer. from tiie dete notice , .
<br />= If the FmPenY is abandoned bl►Bomnwer,aa if Borm��fa�s to�a cdaim foL r�m4uiaase benE5�.1���Is suthorhed
<br />- � is a�siled bY Lender w Borrower t h a t t h e i n s u�a n o e w r ri e t o r t o t h e s u m s . �
<br /> � to oo"�cc and aPP1y the iasurauoe praoeeQs at l.eader's option either to restoration or repaia oY the�9'�Y '
<br /> -��.� ' sean�4sY this Deed of'IYusE. �o�PivPedY+��C°ndominiams:I'�6;�t lDeve�opmenta Boimwer :
<br /> � p�va3lon an�� ��pa�ent�ff�erIcrWtian of the YroP�Y� . .
<br />-= shall 1ceeP the P�'°�►Y�°Sood repatr a n d s h a U no t a ommfc�e or p , .
<br />_-- sUall comply wIth cTne pmvlsioag of a�r lease ���°�f T rfarm an�Borrower's o�bh'�sto�s�the declaraUon or � .
<br /> �'^�} � : :� wndoailnium or a planned w�it developmeat, � cT� laws a.a.: regutations of the .
<br /> oavenants cseating or goveminS the oondomtnium or planned unit development, �7►-
<br /> ',:� � oaadominium or planned uait de�►e�o�men�and oonstiarent documents. ��oontained in tt�Deed :':;,�,�.
<br /> . � 7. P�otectWn of Lendee's Securltg• It Borrawer�s us getfortn the oa����t la the Property.thea Lender, . , �' '
<br /> ;;�,. oYTrust,or if e�►acdna or prooeed[ng i�oamat�n�d whicb materlaIIy aff�'s suchsums.includ�reasonabte attomeys,
<br /> :; � at Lende�'s option,upon notioe w Borrawer.maY s�such appearaaces,C�utse �;�suranoe as a candition
<br /> � tees.and take such acti�on as is neoessery to Pmaect I.eade�a interes�. �1.e��uII����A:r ain suCh iusu�CC in ..��
<br /> � '`• . . � of malring the loaa secured bY thls Deed of 7 nist,Batm�r shall pay P
<br /> -: �' eSeex nndl such time es the re4uireaaent for such insus�s�e terminates 1n aoeordance avith Borrawer's aad Lende�s written f:..
<br /> �• j agceemcnt or appflcable 1aw.
<br /> pay emounts disbwsed bY LenQer Puranant w this paragraPb?,vrith interest t6eieon.at the?3ot,�rate,shall beeome �
<br /> j sdditional�udebtedness oi Borrower secured bN thia Deed oi TrusL UNess Borroaer and IRnder a��� Nothing �. , '
<br /> .�� u bte u on notioe fram Lcnder to Borrower reqnes 8 P Y�
<br /> _ � ' ' payment,such amounts shall be Paya p ense or take anY s�n hereunder. i
<br /> '``� . i mntaiaeC in this pazagraPh 7 shall require I.euder to incur anY exP ` .
<br />�"�' g, Ins�Ction.I�d��Y�or cause to be made reasonable enttt$s upon and iaspecdons af ihe Property,provided
<br /> �t�r aha11 give Borrovrer nottfle psior to siry such inspec.�nn sPecifying�sonab2e cause cherefor related w Lender's
<br /> :"�.'`z interest ia the Propenl'-
<br /> - direct or ooa5equensial.in oonaecsion witb anY
<br />-- � 9 Condeamatton. The prooee4s of aay award or clai�n for Qamagcs. m lleu of mndemnatioa.are bereby assigned �
<br /> ' � oondemnation or oiher taku►g of the Property,or part thereof.or fo�onveyanoe r other security agreement wiW a lien wt�h .
<br /> and shaU be paid to Lender.subject to the terms oi a�r mongagie. �
<br /> . has prioriry over this Deed of TtusL I
<br /> G UI�OR?7 IIVSIRUNii'Nr Page 2 af 4 E'mm 3ti28 i'
<br /> �HpSECOND MORT(iAGE-1B0-F� �
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