|
S-.� _ - s r.•r-_rl... . ... .
<br /> . �� - ' �'1.t�tew�•.\� �yr ., t . . . i'�:�^IL' _ . .�.. . _'
<br /> ���.:_ . y-,C^'yy,y!X.,4.��1 ,•JM1-5i;.••..1� . .. . . . .� .a. � -�
<br /> r t+n;µy.F�. .r_. •' c ---d--�" --._�..___�_._-r��:..---
<br />-�-�.'�.p �T l�Y_y�:r.r 7�. �.�i;'Fi�` �
<br /> �.__..-•.
<br /> 97'.. iU�S�o
<br /> Any rider ('�lUder") wttnched hereto Rnd executed of even cWte le Incorpot�ted herein pnd the covenAnt wcl
<br /> n�reema�b ot the Rider�luall�mend pud eupplaaeat the covenaats and o�eemente ot thu DeM of'IYuct, m l!
<br /> the Rlder were w pwrt!►sreof.
<br /> Borrower e�ven!+nta tht+t Rnrrower is lewfully selud of the e�tete her�by conveyeci anA ha�the rlght to grnut:,nd convey ,
<br /> the Property. u�d thu the Propecty is unencumbered,exetipt for eacumbrances of record. Bonower co��nm►ts�hat
<br /> Borrowcr warru�ta end will defend gener�ily the title to thc Propeny agAinat all claims and demanda, subject to
<br /> encumbtunce�of recard.
<br /> UZVIFURIVI COVFNANTS. liorrower and L.ender cavenaat aad agrce as foltows:
<br /> 1. P'wymeat ot Pr[ac1pAJ ond Inta�st. Bonower shall pmmptly pay wh�n due the principxl and interast indebtc.�aess
<br /> evidenced by the Note and late chuga as provided in the Note. Thie Dad of Trust�secures paymcnt of eaid Note
<br /> acca�xcliag to ita terros.which are incorposacal berein by reference.
<br /> 2. Applk�tbe ot P�yatents. Unles.+epplicable law pmvldes atl►ecwise,�Il paymcnta received by L.eader uader the
<br /> Note and puagcaph 1 herenf sh�11 Ue appllad by Leader first to lnterast due an the Nata,scrAad to the principal due
<br /> on the Note. �nd then to late charges due oa the Note.
<br /> 3. Prior Mort�a�cs�ad Deecis ot Tn�st;Chsu�es;Liem�. Borrower shall perform ell of Bonower's obligadoas,
<br /> under any mortg�ge,dad of uuat or oth�r secudty agreemeat with a lien which bas prIarlty over tt�iia Dad of Tiust,
<br /> including Borrower's covenant� to mdce payuxnts whea due. Bc+rmwer ehall pay or cause to be pald all taxes,
<br /> a4sessments and other chargea, finca and imposltiom ataibutabie ro tLe Property which au�y attain a prlority ov�r this
<br /> Deed of Trust,�ud leaaehold paymenu or ground renta. if any. .
<br /> 4. ILiwrd Iawt�nce. Borrower ahall reep the improvemeats now exlsting or horeafter erected on the Propecty
<br /> Iusured�gainat loss by fire,b�rds iacludal wlthin tha term'eateadod coverage', and such other haraMs as L.ender
<br /> lllitji tOyii'uc uiM�iu biiNt wi�uVi3Tat6 d�fGa odwa j'i�."ftr,i�'o:o Lw.�S3�..�I'ES.^y i'ttjii�ft.
<br /> The insurAnce curler providiug the�insurwice shall be chosea by Borrower subjxt to approval by L,ender; provlded,
<br /> that such appmvd ahall not be aareusonably withheld. All inaurance policip and nnewala thereof shall be in a fomn
<br /> a,axptabk to Leader�ad sh�ll include a auadud mortgage clause in favor of u�d in a form aoceptable to 1,ender_
<br /> I�ender stu�il have the right to hold the policies aad reaewale thecoof,subJect to the terms of any mortgage,da:d of aust
<br /> or other aecurity agreement with a liea wl�ich has priortty over this Deod of Trust.
<br /> In the evant of loss,Bormwer shall give pmmpt notice to the insurancx canier and Lencter. Lender mqy rriAke proof
<br /> of loas if not made promptty by Borrower.
<br /> If the Prop�rty ia ab�adonod by Bormwer,or if Borrower fAila!'respoad to Leader within 30 days from the due notice
<br /> is mailed by Leader to Borrower that the insurance curler uifem to eettle a clalm for insuruice bene�its, Lenda is
<br /> authorizod to coAect and�pply the insuraace proceodl at Lender's option either to restoration or repair of the Property
<br /> or to the swns sxurod by this Deod of Tnut.
<br /> S. �!!blllAtlOII Y1NI M9�OtEOfOCC Ot PlO�yi I.t�9l�IOIdIj COIII�OOIItlIUIp�� PlilfllCd UDI� DlY�lA�.
<br /> Borrower shall kcxp We Property in good repair and ahall not commit waste or pGrntit impaittaeat or deterionttion of
<br /> the Property aad shall wmply wlth tho pmvisions of any leau if thia Doed of Tnut ls on a le�sehold. If thia Doed of
<br /> Trust is on a unit in a condumiaium or a plumed unit development.Barrower shall perform all of Borrower's obligations
<br /> under the declazation or covenaats cnuing or governing tho cnndominium or pl�aned unit development,the by-inws
<br /> and regulations of the coadominium or planned unit develapment,and constituent documents.
<br /> 6. 1'rotect[on o[Leader's 3ecurity. If Borrower�ails to perform the covenants aad agraments contained in this Doed
<br /> of Trust,or if aay acdon or procading is�couunenced which materially affects Lender's tnterest in the Propecty,�hcn
<br /> Lender, at I.oader's option,upon notice to Borrower, may make such appearances, disburse such sums. includiag
<br /> reasonable attorneys'fees, and tnka such actions as is necessxry to protect Lender'a interest.
<br /> Any amounta disburaed by I.�nder pursuant to this paragraph 6. with int�nst thereon,at the Note rate, shnll become
<br /> additional indebtalness of Borrower securod by this Dxd of Trust. Unless Barrower and Lender agnx to other tomns
<br /> of payment.such amouats shail be payablc upon notice from Lencltr to Borrower requesting payment therevf. Nothing
<br /> contained in this paragtnph 6 shall reyuire Lender to incur any axpense or ta�:e any action hereunder.
<br /> 7. Lupectton. Lender may make or cause to be made reasonabie entdes upon and inspections of the Property,
<br /> "_"�.�_��t_.�__a___�_��_e_"�s_`__'__ __.1_.__t__._ __"."_L 1_�__.l__�_"'Sa."__�_____Lt___'___.L_�C��_�I.���t
<br /> p[VVtuw utut i.c�wzt atttut�tro n�tttvwct iwtta.c ptavt tv auy au�u u�o�ia.uw�apca:i�yu��icaavuawc wuac wvacwa t VIN�.V
<br /> to Lender's interest iu the Proper►y.
<br /> 8. Condannation. The proceeds of any av�►azd or claim for damages,ditect or consequential,in connxtion witti any
<br /> condemnation or other taking of the Propeny,or part thereof, or for cor+veyance in lieu of condemnation, a��e hereby
<br />- assigned and shall be patd to Lender subject to the tcnns of any mortgage,deal uf trust or other security agreeu►ent with
<br /> a�ien which has prlority over thia Deed of Tzvst.
<br />= C��`
<br /> IJ(Y193(R�v 06) Yµt 3 uf S (09/93)N6 FRlAtM/PEL Decd
<br />- 17I10011�2 1�(MItLSKI
<br />
|