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<br /> . . �� in� aiessiso�.s �`,�_�:
<br />- ;; (: oonv ed autl l�as the rIght w ti�=_
<br /> . ,�� "'';;� Bo4rower cm�euauta�at Sonower is laa+�iilIy scis�of dte est�te herebY �Y , -
<br /> . propetty is uaencumbes�d,excePt for eacambrarues af tew�. `�
<br /> - .�"; �:a graat and convey t�e Pmperty.au�that t�e �ude to the Pcupe�t3►e8�nst a1t ctaims ,.
<br /> . . 8an!nwer oovenaats that B�rtower warrants an0 wU1 defend gea�aAY . . '`,r_
<br /> �`��' ���, � aad d�u�ande.subje�t w e a c u m braacrs a!record. °
<br />-` �- . tJNIFORM COVENANfS. 8os�awer and L�der cwvmapt aad agc�e as foAours: �_;�
<br /> . c�:��,�4` 1.Peytnent aY YMnctpaY an�A Ia4erest. Bo�canrer sbaU pmmgtlY PaY whea due the prtncipal�� �,�
<br /> . ,:��.
<br /> evldeaced b the Note aud iate ctiar8es es Pmvided in ihe Notc. �.;,`_
<br /> �c.. � � iudebtedmess � �bje�w applir�ble law or a wrIUeu waiver by Lender.8oirower � ,,.
<br />�. _. �:� 2.k1�6s�o3'#�st�a�t�.
<br /> � _� ` . sbaU FaY to Lender an the day monthlY F�Y��°g p��and iaterest�ptaxes and�ass��S � '
<br /> F �, . . �t r�. Nate ia paid in full,a svm therelu`Fmuts)�to one-twelfth of the yeatlY ,�+ _
<br /> w b i c h m a 3►a t t a�n P s t��►aver chis Deed of �.�.
<br /> candominium and planued unit develapmeut a s s e s s m e n t a,l f a n Y l for ha7ard �
<br />_ ` - Ttust and gconnd ienis on[he PragercS►.if an7►.PIas oae�twelRb of ye�rly ptemiva�ins►a1lm�ts �-�.—
<br /> . .':-'��;A� ias�aace,plus ane-twelRh of yearly piemium ins�llmgats for taortgage insurdcce,if aay.�all as ceaso�blY �., :
<br /> ' ��' e.stlmated taiLiallY antl fcom time to ttme by
<br /> [Rader on the hasls of ass��biltts�d reasonable �_-
<br /> esHmates the�of. 8oaawer ghatl not be obligated�a matce su�paym�ts of Fuads to L�nder w the e�ctent that
<br /> C.�:� t
<br /> Bouower makes such payments to the holc1er of a prior murcgage or deed of uust if snch holder is aa ��.
<br />, `� . �" inssitasional leader. or s000�mts of ��
<br /> ,„'.:::. :. �?.�;,`� tf Botrower pays Funds to Leader,the Funds s�all be�hdd ia sa�er if I�eader=de�r�an Wstitudau)• ' -
<br />`�`'� - -.. �' which are insoied ar guaranteed 63+a f�ere�os,state agene9(inctuding e �-
<br /> „''�� saicl taa�.assessmenis.lns�tanae P�iutms and grrnmd�eats. �
<br /> �:''_.;;;;'";f LeAder sLall appty the Fuads to pay ���os_ye:ityin8 aad comp�ing sai0
<br /> . may�1ot c�arge for so hotding aa�aPP1YI�►g t�e Fimds>ana�yzing _
<br /> �� � �aad bills,anless Lender pays Boaa�ver iaterest on the Fimds aad agplicable Isw petmits Lender to
<br /> ._�..... :F�.i:T�.:.: � at the tim�of acaa�lon�f tbis Deed of Trnst ,
<br /> . . •�,: F. :', . make such a chatge..Borrowet mcd L.ender may agta� � is made or app�ica6le laar _
<br />=;,s,t•"' . ���-.,. . . that inte�est on&e Funds s�all be paisl to Borrower,and �Borcower anY interesK ar�un che �
<br />_�^: "< �.� '`'`;;:° �dre,a such inter�t to be paid.Lender st��be� PaY �
<br /> ` '��:;;:%;;:.'. . Funda. Lend�r shaU gh►e w Bosrowec,without c�at8e.en�nnal aoco�of the Fuads ahawing crediss and
<br /> _�°�.�.�Y,,;r��'.•�:;� . se for which eac�debit#w�Le Funds was made. '1$e Fandg are PledSed as
<br /> ��?<4<� debita to the Fonda and the p� :.
<br /> �• adduional securlry fm the sarm�Z+Y�De�of Tmsi. o Fuads paYable .
<br /> , ;I�,'.�, If tlie aiuouat of the Fnnds l�etd by Leader.together wlth the tiunte moatittY i���the�aouat
<br /> • :�,,; . and gso,mA reuss, —
<br /> .� p�tor to tIIe due daus oF taxes,assessmeats aT as. fari dae.sncS�excess shaU
<br /> : �,.,,,:,' . ���giound ents theY .
<br /> . ���.:1.,`���. ���;� req�i�1 w�aY said taxes.��s,�sivaaoe P g° .
<br /> • ���'1;,�`;-.;' be.at Bouower's opttua,ei�s'�O�Y�P�to Sa�a�r ar credited to Boim$�er oa mo�hSy ins�a}lmenrs
<br /> '. `:�;';:�•,->,• of Funds. If the a�mount of t�z��nds held by I.endei�aot tse suffrctent to gay taxes.assessments. .
<br /> ffi1Q D icub m �Ih..�sP �c11WCT 8�18��DaV t0�I 8m�1���. . _ _
<br /> f� �ASUlddCC�IC� ��cufa""�, � - �
<br /> � ' � mak�up the deScl�ncy ii�r ome 0!mor�p�ss Lea3er may r�ui�• ��o somower .
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<br /> t� : . • .:::,y.;�;�,,� . �' in i�of sU smoos se�:ur�x@ k+Y this D�of Trast.Lendes shali prompily . -
<br /> ;�� ,.,1�; ,.,.k . ss sotd ot the P�opert5►is ot�ti
<br />_ .-,....�;��.�;;��;:.'; �PaF�;i,c�,der. If�mdet paraBrdPb 17 hereoP alse PmpeacY `
<br /> , . ¢�tl>,`l;., f . a�r.Funds l�Id b3► ; no latet tt�t impuedlateiY Pt2or to the sale Q�the FtoFzrtY or its .
<br /> •,�,�.:�,f'�?:�w'> acquired bY Iender.Ixader sfiall app Y, the sums set+u+ed �__
<br /> -;r.:-;_. F�cds held 6 I�ender at tbe ttme of�plicatlor�as a credit agaiust
<br />_�'.'.'�_. �.,�. :•„_r�� ,k: 8Cq11�i�6DbS11rCII(IEi.SD� y .
<br /> �::;:,,,,;.�:�:����.:.,;,e; by this D�!of Tmst. aU a ts teaeived by F.cnder
<br /> .��..•..,�. 3.Application aY A�9me�e. Unless applicable faw provides athe►vvise. P Y�
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<br /> �� ' ;�,;;x'<:;-�.;,. t of amonnts payabie w . . _
<br /> �.'� _� '`;:;;�rr•'rt�,�'I'y,.��. mider the Note and'P�S�P�s i and 2 hereof shall be applled by Leuder fi�st ia Qayme� -
<br /> `;';���--;'.' .� ��t by Bonocver ander pw grapb 2 kesea��he���p�Y�le on the Note;and then to the grincIya]08.:. , .
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<br /> ;. 4� t�1E�dtC. CS @IId�CdS Of�'1r'�a�QS��i I.�Ea:9. BOII�WBI 5�811 pClfOTta 9U O�ffQI2qWb7'S . .
<br /> �, -. .�;.;. � 4.Ptlor Nfa�t�S with a lioa wt�e�has aver . .
<br /> ' '` ` .`; `� ob3igattons uad�s�Y ��or canse
<br /> y' . ` , . mprtg8$8.dCed 0�W.'4�Q O!dthCT SCCE1tIty S$t�� ..
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<br /> „.�� .: . eais whea dae. Bortower 'paY
<br /> � :,. ',�s::,��,�:�`� th�s Deed oY Ttust,incIuding Sosmwer's coven�ta to make Paym . ,
<br /> ��, f r�}:.�, f i,n e s a n d i m p o s i t i o n s a t t r i b u t a b l e t o th e Pm p e rt y wI�t�h may . —
<br />� .. .`: .;i,�f.< ,�-: .to i�paid all ta�es,asse�.�o t hes c h�re e a, or uad rents.if at►Y.
<br /> . . � attain a pr�griry over tbis t�rs3�f Tnist.a�leasehold paymea,ts g�
<br /> +�:>�: . ��: '; .'� . S.AaaBrd F�ace: Sflimwer shaU�keeP�he imPmvementa now exiatlnp,ar hereaRer erectsd on the . -
<br /> � „., .�... .��' ;• insured a�nst lass�by flre.ha�rds included withtu the cerm°eatended ooverage,°and�ot$ei
<br /> hazar�ds as Lender maY re4�ue and in sucfi amouats anb for sucL perlods as Leadar a�a71�• '
<br /> �`'��r. `• �' s.Qm the�suraace sbaU De chosen 6y Bortower suby�a to approv�l by Lender.. , . _
<br /> �. �• ...';;;�: ..
<br /> 'IUe insuraACae carrier F� � � g sU
<br /> � . . qrovidal.that suc�approval.shall nat be�reasona6ly arithheld. All iasur�ce Pcii�'.e aad��als therecf �
<br /> ` e clause ia favar ns�i�in a tona... --
<br /> � ' � ��:� •' -..; . .� shall be ln a form acaeptabte to Lender�sha11 iactude a standud mortga8 ��w the tams �
<br /> . .., :`� acceptable w H�ader. Lender shaU have rbe�ight to hold the pollctes and renewals thereof.
<br /> � . ;'f':..; _ � a4 aa mortgage.deed of ttust or ot�er s�urtry agreemem w3tL a 11en which has prtorlty ovex +�.'r.g iDeeO of
<br /> � �,i���'rti . '� Y
<br /> _ .. =;�:�;i�f;,�'=°�`:� ce carrter�3 i.en�er. LEnder may
<br /> � >••,. � �. aettce to the iasuta�t
<br /> ' In the evcnt oi Ioss.8cn�wer shaU�ve prompt
<br /> ��.,:�,,:: ��:,: .� .� mage Pmof of less!f not made promptly by Borrower.
<br /> �, . . .
<br /> -- .. � , . If the Property is abaaQoned by Banower.or if Borrower fails ta resPond w l.e�r witItfa 3D days from
<br />`w�; . '� .., - -
<br /> :,�.,:'� the date autiae ia maiiai by Lende:to Earro�er shat chs iasurnuce carrier offas ta s�en*.e a c�laimer to�n
<br /> � �T�.�'±•t?,:' �. .�''` . Deneflts.i�ender is aushorized w oollect aad apply the iasutaace Pmceeds at l�eadefs apdo .
<br /> ' ar repair of the ptopertY or to the snms secured bY th�s Oeed of'14ust.
<br /> �� � �.• ,'''' ,. : :� �: Lcasetiold4i Cundominiumg;Ylanned Untt
<br /> I�'' �; �.. � 6.AresQarvat[on end Mainteosnce of Pi+opertyt
<br /> Devetopmeats. Borrower ebaU kee➢the ProP�Y�8°0d�Pair aad shaU.n4t oommit waste or petm3t .
<br />_�.t.� � ��. ;: .
<br /> �,. ....� initials:(� .s, .
<br /> E__.•.. :...c,:.,,,.:.:�,:.;-.� � ���� ,
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<br /> r�na-ioo.��ssa roseaors
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