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<br /> 9�� �(���� a01964 06/16/1998 ' �`. ,.
<br /> .� •�: LBSL28'W WILSBR HSCKY 4TlLS18Y • .
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<br /> `<. • - LTp[FORLZ COVBNAI�'P8. flcaotisrer an�Leader caveaaat�nd agrae as folta�vs: , ''�,�
<br /> Le t �� � � �
<br /> ` '.` . 1. p+�q�o� or F�apal! s�a raie�3. s�aawer small pmmptiy na�► �mu the �;,-: .
<br /> in t�e Note. , '�
<br /> �t:. ( � ' in�ebted�s evtdenood by ths Note eses ta�cfiarBes a�Amvtded Baamwer shall pay co . �,..�,.�
<br /> . . � �.�tsa�[aa Tam sad Lm�aaoe. SubJect m applic�able l�w or a wtiuen avaivet bY L�ader•
<br /> .:��} of �ad inu�est ase pnYablc�the Nats. u�il the Note is patd i�futl.s
<br /> Leuder on the ds5►month�9 Fa� � . . .
<br /> . . ,� sum(tiec+etu•Fu�s')�al w a�+la2lftl�of t�e ye�d9��d assessa�eata(includ�8����p��� �. .r::.
<br /> - � '. de�ret�m.�at�.�eDY)�►may atlain P�ty over tt�is Deed of Tcast.and gmu�od . .
<br /> '. � eiry.pius ons�tweYRh of Yeady ptemiom instalta¢�nts far Oarnrtl iastuanre.Ptus oae-tweiRta of yearly premium�llmeNs
<br /> .• �` � . t�r mort�8e�sn�a�• �e�Y• all ag reasonr�ily esdmate� Inidallq a�fcam dme to time bY Len�er on tRe basis of
<br /> _" '--.._: a�e�td�+�3s agd�1e��of. Bomawec sLaU ant be obli�d to malse such paYmsnts og Fm�ds - --
<br /> `'::,�*°' -
<br /> ` � .: to I�d�m the�teIIt t6at BaYrower m�sach papmenrs oo the ftolder of a pr�or mnrtga,ge or dced of uast if sucfl 6o2der
<br /> � � •�- isaa�asdtatt+nmlleader. - `��_ �`
<br /> _..�> ,,� . or accounts of wbidt ate =. ; .��
<br /> � If Boit+awer PaYs Fnads to I.endet.the Fnads shali be II3etd ia an ia�tIaa t�ne dep�f� -:,.; .�,
<br /> - . insmred ot gn�d by a Fedeeal or smte a�easS►(insia+Tirtg LeQder if t8nd�is s�sb en�on). I�ier s�a11 aPP1Y 7�.,,:.,;�;:,�
<br /> the Fuads to gay said tases,as�mea�.�Preminms an��d re�.Lender maY a�t c�rBe for�hoIdi�and _�
<br /> - �p1Ym8 t�t FnnOs►atrdlYrlag said$awuat or verf�yiag and�siid a�aud bilts.unIe�Leitder pa7�s .,,,._ -
<br /> B�nower iuretest on d�e Ftmds aaa�le taw g�i�dec to make sacit a c�earge.Boaowec aad Le�er�t a8� -
<br /> � �:-_
<br /> ��� .t: . in wi{dag at the dme of ea�n of tbls Deeit of�asc�at in�st on the Faa�s s�aii be paid to Boaowec.agd uniess
<br />- � ' '`. sush ag�eemeut is m2de or appl�cable taw requina sach int�e�t w be pa�d,l�nd2r sball not lre r�m�f t4�e F�ds �•', .�
<br /> . .=.'` •:_ . aaq i�tecest or eatniugs oa the Ftmds.l�er sbalt$Ive to Boaowe�a�h+OUt�arSe.an an��al awoln�Iug _.
<br /> - •� showf�g c�edtts uu0 debits to the Funds aad tIIe puipase£ar vfiic�h earb debit to the Fnads was made.The Faads ace �,s
<br />_ ` ptedge�a�add�oQai sewaty fos dse sams secu�ed i�►this D�of'hast. �°_:
<br /> ` .,�,: :,:,:�-;=:, with the 5�ue moatffiY�of Fuuds�ayabte Priar to ��,
<br /> � ' �'�� tf tt�e amouat of tbe Fuuds bet�by Leud�r.to8et� � -_
<br /> �` `.t,��L;..� ami rents.shali eaceed the�t se�c�to pa9 s�d r
<br /> . _-- .:�,..���;�;� dce dae datss of taaes.a�sne�ts.�P�� �� • -
<br /> �'.�,.:.; �aes,assess�ts.ias�u�nce P�em����d�as theY fa11 d�.sucd�eaoess dral9 be,at Bomowes s ogtion.
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<br /> .. . ettlier l��P�9�aid to Saaower as c�dit�to Homawec on moathly instullmems of F�ds. If the amotmt af the Funds �,
<br /> '���:.�-` held by l.ender s�ll not be safHdent to pay taaes.a�, ��P��������d�• �
<br />_ . ., � . to mage the def ciency ia one a►:mo�e payme�ts ss Lea�der may `
<br /> � BoaY+acver aball pay W I.ender aqq aaiaunt a�Y nP m
<br /> .._�: °:
<br /> � . . �.�^.?.•. �• tefand to Boaower aay Faads -
<br /> .. UPon PaY�nt In fnU of aIl sarr�se�ed 1�Y tbis Deed ofTmst,I�der shaA PmmpuY =- .
<br /> .•' '.. h e t d b y L e B d e r.If m¢der P a�a P b 1T�eteof the�openY is sut�or d�Prapett9 is o9�e acquiced bY���� !
<br />-:�,�: :y�: `. �]appiy.ns Yao�t�a�Y 4��co tIIe s,!e af the Ptopeny or i t s a c q t ri s t don o y l e a�e r.a� , -
<br /> �' '.,: <`:��: Lendet at tl�e ti�e o��'Sca�on as a c�t a�i�a�a�ms seca�DY�s�eed af Tmst. _
<br /> ��.�'`�y����; ,,.� 3.�sedion e�P�,y�a�. Untess appucafiYe taw pmvldes otheca+ise.all�aY��ce�ved bg�uaaec the =_--- --
<br /> . � � ���kwi`'�.:.. 1 and 2 heioof sball be agplIe�DY Ixad�r&sc in paym�enc of a�Da3+�2e[o I�r D9 Boaower -
<br /> - :���_ . , xa2e e�tg�ascapbs �tLe Note,�+a d�a�o d�e princ�t of ine xote. `�.� ---
<br />-_ ". .. wuder pa�ph 2 h�ceo��en to inte�t payab2e ail of Baaa�r's abliga8ons
<br />-_ . 4. Att�ar Mortg�s e�Dee�04 Tn��3 � wl��wLEth�'ty over @ds I1eod of T�ast, - --_
<br /> .. : . • a�s8er anY�e,deed of tiast or othet sea��tY a� ar caus�e ro�e paid all tases.ass�ments _
<br />_ . inciu�in,g Bouawcr's covenants w mage payments wben dae.Boimwer shall paY art aver t�is Deed of'1Tcast, -
<br />- . .:• �� en�otlter c,har}3es.�es anA�tions atuibamble to @ie Prope:ty wLich may attafin a pd ty = -
<br />= .. � aadleaseholdgaymentsor8mos�dre�.��3►• � :..-.
<br /> s. gaw,d I�e. Haaa�vet sLaII�s�imP='m'emem��w eaist�t8��e�d�the prnperty► .
<br /> ' , ' . �a�si�st Yoss bg�re.�tds iuclnQed vr:t�a�e teia�b�ded caver�°.and suc$other Laza�as Lenaec ma3►
<br /> �� , •' .°*;:.; . teqnite�ia sucb�audfor sarl►petiads�s�euder maF�eQu�re•
<br /> eqn te �Il be c�s bY Bomawer subjocc ea�a'�1 bY�r P�'-�►
<br /> ; �,,:,��, . ,� T�u�f�sa�ce ca�ier psaviGtaB the ins�aace �-_
<br /> ��:;';i'��;;�".:;`�'' 8�t sucb sppr+ova��ali not be�aso�Y cs�:�e1d.AD i�seace Po�au�te�e�ffieceof s�11 be in a fnaa .:�::�,._____
<br /> �, ` '•�;��;;+f�� �..��� p(��p/�table to Leader�d shaII incdude a standsnS�claase ia favor of aaQ in a somn�ceptabFe o�k.ender. Lender ,�-f----
<br /> .��. ".5 "� . - .
<br />_-_:;_;;�lv:`.`.•< �..._,�•,. . sttaU have the rig�t Aa`I�U B�Po�cles aaA n�]s thereo�sab3et,t to�e tetms of aaq a�o�tga8e.dee��f uast or atber ;�_,^V
<br /> "ifi�y g.`�,. � s�mitY a�e�a�a lien vVldch mas prlaslry avet this Deed of Trost. - --
<br />_ `�;1r���u,,; . : .In Iit�eveat of 1osa.Boaawes sbaU give DraIDpt nodce ro the imv�ce ca�rFer as�LeIIder.]�nder may�make pr�of � -
<br /> �` ` � af lo�if sut made�e�tt9 bY P�wer• �'::._-
<br /> - y to Lea�r�vId�30 days fmm the c'�te
<br />_ .� •,� .:. °:�' `� ���pmge�tg is�aaQaned bF Borrowe�•fis if Boaower fails to respond � -
<br /> ..- .
<br /> nottc�,fs m�ile�d bq 6�der to Bomawtt Q�at d��camter offeis to seitle a ctaim fas in�e 6e,aefits.l.endet is . - -
<br /> - . . aWlinrlm�ro ooIIoct aa0 appIy�.e i�sutaace gr�ds at L e n d e r�s oP flan e t t h e r t o r e s t�a t i o n o r r e e�s a u r c��te P m p e r c 9 oz E`. _
<br /> .. �. �•l�'�•� • E.�:—�V.
<br /> ppi ii�.�sm�s e a a o d b q�Deed 4CTt►.�st. _
<br /> , . ,� „� � , �. �va�oa and ��a oS PtvPet9; L�w�id4i �ums: �e�[T�'3�evelo��s.
<br /> .. Bonower abali t�e PmPeat9 m go���si�11 IIot csmmit waste aa petmit i�meat aA dep��etlon of the ��=�-_-;
<br /> � � � �►and oa�.►Y with ffie�sa+r�on�at ac►y tease if this Deed of T�x is an a leasehotd.I�c dt(a.l�eed of T�ost�S
<br /> � � aa a�it ina c���ar ap1a�a�it dc��lopmeut.Eormwer sLaU performaU oiBoaawer's cfitlf�tioasm�des Qie • ;��:>:
<br /> � � � d�on ur cave�nts�8 ag g��8�c4ndomi�inm or p)aufled unit develapment.the 8y�aws a�regaisu�ors
<br /> � of t�e c�oudomiidum o:D2a�n�it devetapmeat.a�coasataeat daconaewa. �i��
<br /> 7.Frot��1���s Seanii9.If Boauwer�s to perfo�t tLe cavenants a¢,d agree� . .
<br /> o t
<br /> . Dee4 of Tmst.or i�sny acdan ar Qmeeodi�8ls commenced whi��9 affocts 1�der'�sucb sams. iuctu��ng
<br />— . . Leader, at Leade*'s apdan. upoa aodce to Banawer. m�Y � l�ende�s iateiesL 1f Leader req�ined mmt�e
<br /> �. reasosable att�meys� foes+aad talce such esdan as�S�t5►to F��
<br /> : " � ;asuraace as a cfladidon of maSd.nB the 1oau secund bq tLia Deed of Tmst.Boirawer stia11 pa�►the Premiums req�u�d�° .
<br /> �sach insntaIICe in effect afltil satb dQCe as the �em�t for sach in� �in aacar�a►t�
<br /> . Borrower's aad l.eader's wt�t�en agc�ment m epplicable law. �
<br /> . : � '..'c qay�disbmsed bY LenderDms�t to this pa�pD 7.vuIth in��ereon.at the Note tate.sLall beoome
<br /> � � addlti+oIIa1 iadebteQness of Baaower sec�ue0 hy @ds Deed ot Tmst. lTn�ess Bomawer anA Leoder agtoe to other te�s of .
<br /> � . . paya�en� sucL amoa�s�U 6e gayable upan aadce fmm 1�nQer ur Bottavver re4ues�a8 DaY��f Not�i�ug
<br /> � cflntaiaed in t�is parag�aph l shsU�qn1r�I.eodec to t�ur aW►eapense Qr m�e nuy tc�an6er�uder. ,
<br /> an}
<br /> -.. . 8. Inspectloa. Lender may make or cause to 6e nrade�sonaDle emrtes t�pan effi ias4o�lons af the Ptopetty. ,
<br /> . . �.. � . pmv�ded�Stt LenQer sbaU t�ve Bmmwer notioe prtor w aay sncb iaspoctton specifytng reasonab2�caase therefar relateA w _-
<br /> _ -- - --� Lecdet's Iaterest tn the P�openY• - .
<br />__ � • ' � tvee�n z6s7sa ��a osi99,ns].tRacas�adf �aS�►taraaab) CoSY(N�tomes) �e=ors, .
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