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,r, . . . .. . . .. ��%Tw�-^•1 <br /> :.�'j[: <br /> .�.. , . . • ...., a.�jv-::$°.:::;;_",':L"i.:� `_ <br /> ^ • �] q.��.., -.�W. 'j. lLt.S'�1„��,������F"-�f�..:•••,,,,nu�,,.,'1�s�rY�yr"F;.`.�:_:.. �-'•—.. <br /> .,c... cx .1" �.a.� .:aJ'-' •��r:s;'- <br /> �:ri::...:... - -- -- su..'� .e....�..n. <br /> - ` ' • <br /> - ' __ �.- . . . ... <br />� ..iy:2�. - �. <br />� ..R:r�.... "`"Q'"w..� <br /> �k�i —-- <br /> �� <br /> _ 9�~�c;a�J.2b •�• . <br /> -_-- F3omflwer ooveaunU that Horrow�er i�lewlWly �dud o[the est��te hereby conveyad and has the dght to gr�u►t ud - <br /> -=�'�• oonvey tho Praper�y,and tliat the Property ti uixnciunbaod,rxcx�t for cnaumbnnca of rocord. Borrowu coveruinb that <br /> --�-„�, Borrowrr warnnte �nd wili defend genenliy the title to tha Pr�operty �gainu �!! cl�ima and dem�nds. wb,�CCt to <br /> = encumbranoa of recoc+d. <br />-��``i UMFORIK COVENAN'['S. Horrower and Lend�r aave�uat u�d <br /> - �ree u followr <br /> :��� 1. lw�at d l�i�ip�l ud Lter+eit. Borro�wer �lull promplly pay when due tha pdncipel ou�d intere�t <br />- -_- - tndebtedne�evidenoed by the Note rnd late char�a�usd other chuaa au providod in tho NoGe. <br /> �'"�`; Z. larmat at Tua. Subjat W�pplic�ibl�s lew or ee written w�iver by I.ender.Borrower shall pay tax�tnd <br /> - uxsrment�(inctuding 000domidum and plannod unit davclaprnent�ssasmectte.if sny)which mny�tt�in priority ovor thie <br />-=.'��� Doed af Tn�at,u�d rents oa tho <br /> Bround Pn�pertY�if ury. <br />��� <br /> s=' 3. A�ie�ioa of Paya�a�h. Udeas�pplk�bk law pravides othenvise,W paymenta r000ivod by I.ender uader <br /> � tl�e Note a�psra�nphs i and 2 hercof s1W�be�ppiied by Lender flrst In payment of�uaounta psyablc to Lenda by <br />--__=�.., B!+r!ewer�anck!�nrranh 2 herenf thm to interest psyiMe on the Nate,uid then to the orlr�cipal of tho Note, <br /> 4. hNr Mortp�a�i Da��t T�utp Cru�a;Liaa Ha�awer slyll perform W af Harrowe�s abli�done <br /> �mder ury mo�tZago,deod ot umt or otbar�ecud(y sgecmoi a3th a liea wlrich E�ei prioriry wcr this Deed af Tn�st, <br /> _ _ a A iuciudln�Har�o�i aotieaaab to m�ke p�ymenta when d�e. Borta9wer ah�ll pey or aumo W be paid,priar to dsliaquaw7i. <br /> al!taza.aadmenb aad otkr cbar�a,�na and impoa�ipaa att,r�uteble W We Pmperty wfiich may uWn a priaity ovu <br /> _-� thia Aeed af Te�t,uid ipuebold P�Yn�a�a Sround s�ats,d�ny. <br /> 3�. H�rar�Lwra�ea Borrower�Wl loeep t1e in�pcoNemeab sow e�aeli�a bad�tlsr e:acted on tbe Prropetiy <br /> insutod sgainst loar by lite.hwrd�included within t6e term"exteadod owerag�'.owd a�ch other hvirdi u Lender mry <br /> requln and in a�ch�mounts md for n�ch perlods a I,e.yder n�y require. <br /> 'rbe iawr�nx a�icr proviaiag the tn�uana s�ll be cboeea by Ban�wer wbjax W �ppro�v�l by L�eader� <br /> pravlded,tLat a�cb ippmval�6aU not be o�rs�unabty xitLheld. All insurmoe policia�nd reaewals tlwoof ahill be in a <br /> form�ooaptabb w I�eader and tt�ll lnctudo a wndas�d mo�ye clame in favor of and in a fxm�oap�t�ble to Leudcx. <br /> Lader tt�sll hrve the ri6ht to hold tlre policies aad rea�ewaL the.reof,subject W tL�e�ams of ury nwc�gye,deed af tm�t a <br /> olb�ct�ocurity�eemeat vrith a liea which}�priority over t1�Dad ot't'nut. <br /> In tl�o a�+�ent of loss,Bamw�er eLt118�vo Pr'�inpt notioc ta the i�urauoe carriex and I.eoder. I,eidcr mty m�ioe <br /> proof cf lop if urn¢m�dc pt�omptly by Borrov�tr. <br /> If tUe P:ct�aty i�abuidoned by Borrower,or ii Aorro�ner f�s oa�spond to I.eadet�ithin 3�day�from thn d�e <br /> � •�w? I 1 A ����• in���•�w �w 1 .�Qwi�w�'Mr�i wM N ?�iw <br /> _ _� � �.. '" ,�."'� L„"...^,:'.'L.�^'� ..cCe:.. ,.,� �:,.r»..,,.. .'J..'itS'�..�. ...,..... <br /> autborized W oolsoq uid apQly the inwraaoe pcncoeds at Lerode�a optic�a atUeer to restonMion a repair of tLe Propaty a to <br /> tl�ams secttred by Wi�Daed o�'Tzuat. <br /> 6. treserv�atlM ud Mdtta�arce d Prnpertr; I.weboldr, Ca�do�LdaMn�, llrae/ Udt <br /> , Davdopm[ata Bor�er �hall kap tha Propetiy in �OOd rq�air u�d ehap ttot oommit wute or'Pa'mit lasp�innaat ac <br /> detetioration otthe Propecty uid et�all oompty with the provisioes of any le�ue if tWs Deed of T�uet is on a ieaeLoid. If this <br /> Iked of Tn�st i� oe a unit in a oondominium or a pl�noed unit davelopment, Borrow�er�11 pafam all af Bo�mNe='9 <br /> ob�iptiaa�nadet tbe docUratjoa or ooveoaAb cxtiattag a�ovanins the 000domidum or plannod uoit developmeat,We by. <br /> ltws�od t�ag��f�tiasu af the ooadarnlnivai a plannod wnit davdopmeat,ud cotutitueat documeats. <br /> - 7. F.�otecHo� at Le�de�'� Sarrfty. If Bamuver fails to perform tLe oowet�nU aal agreamaw ooatained ia <br /> this Ueed of?m�t,a if my�ction or pr0000diag u oommeaood which mataialty�fiocta I.enda�s interert In the Propaty� <br /> tLen T.rnder, at I.:a�dee'a�c�aon, upon notia to Homoxtir,msy mRk�e euch�ppa�rances, diibune wch auus, taclndlna <br /> tra�oo�le attan�'�ta,as+ld t�lce euch acdon aa i� �oestary to protea I,ender'�intaeat. If Lqrdx nquical mati�ge <br /> ina�nmoe is�ooa�dltlw�af malcing the loon aecured by thi�Deod af Tnut,Ho�mw�er sLall p��ttic�nmium� �+oquirod to <br /> mainWn wch iasanatc ia�effsct wuil a�ch wne�u tLe requic+�eat fa wch inaursaa�S tamimtod in a000rdarae�rith <br /> BO[ti01NCI�!i�LC�El�!N7JZICII igCOCa1EO�O[�Q�Ci11�E IAPnY. <br /> . . � LRl011�S ��IIt�Ofl�t.EOdC!p11i311il1t t0 i�lli p8ii�[ip�l 7�Wlt�l 1111�ClES[�LCO�Ir 7lt�lC NO�C [�C� i�l <br /> - booamo sddi�onaX l�btadaas of Hortow�er�ocvred by thii Doed of Ttust. Unless So:mwer a�l I.eader�+a to alher <br /> � taa�u of pa�owt,wch amouat: �11 ba p�y�blo eipoa notioo 5roa� Lenda to Horrow+a requeating prymwt tl�noot: <br /> — Plothioa 000tsiDec�ta tt�par�g�ph 7�6a11 raquire Leada W incur any expenoe or take any�ctiou bcxe�nder. <br /> - --� s. Yaipeedo�. i�eodcr mry make or cause ta bc made ra�son�blc envi�x upon and i�iotu of tha Pnopaty, <br />-_— pro�vldod tbat Lenda stull give Horrower nolice prior to oay such inspcttion specitying rea9onabie cxme thccrE'or nlaud to <br /> ---_�' Leude�'a intea�st aa tbe PnogMy. <br />:;�:� !. CN3ei�aaai�. The ptnooala of any award or claim for damages,dieaci or oonsoquoatial,in coemrectiuoa��rlth <br /> _ - ury 000demoatioa a other t�king of tho Pcopertp.a Put tberoo�or for oomeyanoe in licu of 000dcmaation. arc haeby <br />- .�-:_..� �stidaed aad�1a11 bo ppld to I.eader.subjocx to tLo rights of We holckr of�ny mortgpge. dad of tnut a ottrer seacity <br /> _ -- - Agnement�rit1 a lien which hu priority over thia T)oed af Tnui. <br />—�z.'Ii1r� <br /> `°�� 10. an+o+rer Not R�deaud; Fortieanu�ce Br Lader NoR a W�iver. F,xtension of tbo time for p�yn�eat tx <br /> °,�', mo�di5cation of amoitizu�cm of tbe wms�ecured by tbis Deed of Trust g�antod by I.eades to a�►y sucaeseor ia interat af <br />°';; Horro�rer �hsll not opa�te to relaae, or othecwise �oct in �y zc�anuer� the liabiliry of tho aiginel Hor�ow�er�nd <br /> ,`�.��:� Horrowe�s woaaoro in iut�rat. Leader�Il not be re�uired to cammeaoe Pcoaedings'r8atnst such s�oa�or or refi�e w <br />` ':-;•< exteM time fa payment or otlxrwioe nwdify amatiz�Uon of the sunu oecured by Wis Deed oE'Tn�st by reasoa af�ay <br />_��_y i <br /> ` ' �1m mi�0�v10 0[��Oi�BOffOW'Gf�BO(fO�Y�f�6 i11COtS10[��lt1LClCtt. I+Dy fOIbEST�IlOC�l.CLf�CT lII E)tCiC�tII)I <br /> ''�'�: csght or i+emody t�em�ada�.or otherwiie�'orde�by tprplicablo la�w,shall not be a waiver of or Preclude tbe e�oerci�ot�uy <br /> =- '�+'�'' such ri6ht or remody. <br /> _;:� <br /> l�J��l, • <br />�e�_ <br /> iL.w.`..:..: <br /> � . Fqtp N739 NB (10/96) P�gc 2 af S <br />