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<br />"��� .DOUOW►� M fil►RD�flB DOLORI�6 'P �WtAERB 97� 1���d�) 91�iii 06/16/1997
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<br /> -�_�*..-,�- UN6pORM COVBNAN7'9. 8ormwer�nd Leadet c.�ver�t wd yt+eo�a(ollow�:
<br /> • .� l� P��w�al af fMadp�l aad Iatawt. 8orrower �tuil promptlY M�+y whcn due the princlp� aad latereu —
<br /> �� Idod!a t!w Nnte.
<br />_ , .� indebtodaea evidcnced by the Note�nd We cbu��s prov Soreawer�lull p�y w
<br /> 1.Ih�for T�wd I�uranca. Sub�xc a a�pp�ic�ble I�w��wrUun�wlva by Leader,
<br /> Lander on tbe day aw�nthl9 P�Y�of princlptl wd ia�ere�t�re p�ytbk uader the Nato�uatil the Nota li p�td la lWI, �
<br /> ��,-:;�j� swp(beraia"Fuad�')eqwl ta oae-twelRh o!tbe yearil t�e��nd�wea+nent�llaclud�a�coadoroldum�ad plumod unit
<br /> ... developmeat at+atn�w�If�ny)wldch nuy atqiia pelalry over dilo Qeed of Ttuu��ad�ra�und cea��`tbe iau�ll yment� L
<br /> ' n �
<br />-�� wny'piw oae-twelith of yaulY Preasiwa imallmeuu for 6iuud luuuaact.Ptus ox-twcltth nP yeuly p
<br /> f«mon�e i�unwce. it aay� �tl �e n,aon�bly estimued idcWly ud tmm dme a dme by Lender on�►eob.,��f
<br />...',`"-.�'� a�enb and bilb ud rwowble adm�tes theceof. Bcrrr�wer�U not be oblipoed w m�ke aieb P+►Ymena
<br /> �������po��m�Cp p�ch pymeots to tbe holder of�prlor moet�+�e ar doed of uuu if ach hokkr
<br /> _�� is m intltudoml len�er. -
<br /> ' ,.�� If Harower pays F�nds w i.ender. tLe F� �ll be held in�n Institntion the dePaiu or�t:couau of which are
<br /> _- . �awred or jua�nteed by a Fedenl or et�te�e�y(includiny Lender if 1.oakr Is such m iatdtudoa). �I.ender�wd
<br /> the Funds to p►Y s�id uu�e�,as�smenta��nauaoce Premiume�ad�rouud tea�.Lender mty not ctut�e
<br /> � spplyln� d�e Funds, wslyr3�W sidd�ccawt or vedfyin� tnd comPWni stid ��s and bills. unlaa Leader paYe
<br />�:::�,.,.. Hortower and Leader mtY�ra
<br />„"'°`,�, Bocnnwer intenst on the F�wd�pplicable l�w permits Leader to m�te such a ch�rge.
<br />.:�:::.:
<br /> ' in wridaY u tbe dme of exocadoa of tLis Deod of Tn�t Wu intenst on tbo Fuads shW be ptid to Borrower. ess
<br /> -.'��Y,�.' yy�qc��mde or apppc�ble law requlres tuch intereat w be pid�Lender s6s11 not be roqutred a paY Horrower
<br /> -: r`-:: any idenst or e�nie�s on the Funde. Lender s1W1 give to Barcower�wltbout chu�e. �m m�uil�ccoundn�of the Fuads _
<br /> :_,,.� for wWch aich bebit to tLe Fwds w�s mxle. TLc Funds ara
<br />-='• showln� ccodits�nd debits to t1�e Funds�d the puipose -
<br /> _=;��;. pkd�od as�ddidond secudh►for ttro wuve tecurod by t6is Deed of Tzust. of Funds psY�ble prlor to
<br /> .,�;..+' If tt�e�nxwnt of dx Fwnds t►eld�y Lender.to�d►er with the future�onthly ia�llao��s
<br /> :�-�� tbe due dues of t�a. �mentx.insurtace Pmuiums a��[ou�reate� stWl exceed We�umount ralu�od w P�Y s�d
<br /> _.,'•"�:�• . rwts as they fill due. such exceas e1W1 be� u Bormwer's opdon,
<br />---� tues,astts�ments. lasurtnt premiuu�aocl �couod of Fuada. If tLe umu�of tLe Funds
<br />���� eltLer pmmpNY t�►�d to Bormwer or creditod ta Bosrow�ec oa m�nthly in�allmeds renta�s they fall due,
<br /> °_'-- held by Lenrkr shtdl aoi ba suf'6icieAt to p�y bu�cs. �� 1�►+�P�ums wd�oufld as Exnder mtY
<br /> —. Borruwer ahwll pay w Le�cicr u►y�mnuat nea�suY ro auke up the defieiency�n o�or more P�Y�
<br /> -°=.�';;� �1�• r�fuad to}'loaaw�er tt►y Pund�
<br /> -= = UP�PxY��in tWl of�Il sums axured by tltis Dad of Ttu:t.Leader sh�/l p[omptlY b Lender.I.eatkt
<br /> � �CId'oy Lc�wie..If u�.,-s�.s.�,.�-P�17!'"'"�-'f�he Ammerty ia soid or dse Pcopert9 ia athtwlu�cy�uoed Y
<br /> — d��P'Ply. no Ister tbm immedl�telY Pda w the s�le of tLe PcapenY a ite�►cquiaidou by Lee�er, anY r�ociu�j�
<br /> ��.'�� I�ender at tbe dme of appllcadon ss R ccedtt a�tae tLe aum�tecurod by thia Dad ot Tivst. �vod by I�eader undec tLe
<br /> --- - - 3. �pp8ptta,or Parma�b. udaa srpliabk Isw p�ovWe.+ahetwtee..0 paymeds ���Bo�rowa
<br /> v� Nae�ud p�s 1�od 2 be�eof dW16e�pplbd by Leader fir�t in payroent of�mwms�aY+�Me
<br /> — uakr p�ynp�h 2 L�reo f�t U c n oo i n D e c�e s t paY�b l e o n t h e N o b;.�o d t h e n t o t h e p r i n d P d o f t b e Nooe.
<br /> 4. Ftior Mo�ipp �d D�d� at'IYu�ti C�'!�i I.le�. Borrower tlWl per[am sll oP Boaowa'�oWiptkn
<br /> = uoda+wY mo�ti+�te� deod of tcwt a otLer�ec�uitY�neme�c wlth a liea whlch Ln pdodcY ova this Deed of Tewt�
<br /> iacludta Hon�owa��coveafna oo m�ke p�Ymeaa wb�a due.Bocrowa ahtll pY a es�ae oo be p�W dl tua�a�a�meal�
<br /> �od a6a ch�e�� 8ns aod in�oddoo��ibnnb�e W d�e Pmpecty wLich m�y u�ia a pdodtY ava t�Deed of Tnut.
<br /> �r!kasehold psYa�a�rau�d��u�II�'• no�v e�ipin� a 6aaRa erxted ar the Pmpatl►
<br /> s. a.a.ra I�ur.�oe. e«rower�e.0 i�e�p tba �mpcwemea�
<br /> i�sucea�pimt lan by a�e.uwe+0�incai,aea vrithin Ihe eam'acloeoaed oo�+ete�e".�od�ot6a ewc�d.u Leaa�ar m.y
<br /> �equire�od ia wch�mouats md for wcb�periods�s I�eader m�y ra�u[ie•
<br /> Tba imura�ce canier pravtdia�dK ln�ucanc� sh�ll be cbo�ea bY Hoccvwer pb,joex to apQ�pva1 bp I.eader:a'o'"1�d+
<br /> that wch spp�wal t�ll not 6e uorea�oo�b1Y vdthikW. All i�unoce Policie��nd [eae�vitls drxeof�I�eader
<br /> — �eptabie to Lender aod eiult include a wndard maW�e�1w�e in tavoc ottal ia a Eam�apnbie
<br /> diall lisve tLe ci�t to 6oid the policia�nd re�ew�ls theroof,a�b,�ect w the eanr of my mati�f�,deod of tnnt a oWer
<br /> �cit�r�epneat witb�lien wLicL La pciait7 aver this Deed of Tn�st.
<br /> _.i°_ Ia the evwt of loa.Haerowa s�ll dve prompe aotice to tbe i�ur�oce can9er aud I.eader.l�eader mty m�iCe[�oof
<br /> of ke�if not m�de p�+umptly bY Horc�owet•
<br /> If the Pmpe�tY is�ndoa+od bY Banowe=�os it Ho�rovrer 5W to respaod oo I.eode:Mlthia 30 dsys fmm d►e d�0e
<br /> aodoe is m�iiod by I.e�er to Hoemwes that tLe iaeuraar.e cuiier offa�s to xalc�c.l�im foc Inauance 6eaeSts� I�ea�der is
<br /> - wthorisd to collect�nd app1Y the ine�asoce Piocoebs st I�ader�s opdan eitber q n�aation a rep�ir of d�e PmQerty o�
<br /> —° to tbe�s aecured by d�is D�eed of T�ust.
<br /> — f. Piraer�atioa md MdetenN�oe ot Propet7i ��i C� p�0� Udt De�doFsert�.
<br /> �__ � 8orrower du111�ehe P+mpettY�n�ood r�pa��and dWl mt commit wsste x pecmit im�itme�a d�a1°n�°of the
<br /> _�. -= pe�npeity�od�iWl oomply with the prawtons of aay]ase if this Doal of Tmst 1s on a kaxLold.If tbis Deed of'I�ust is
<br /> - - � on�udc in s coodomiotum or a pl+imed urriit develapueot.Baxvwer sb�il pafam all of Bamwer'�obliptioo�undar the
<br /> - V�>.a decLr�tion a ooveaam acadnf a�'emi°�t���°�p�U°it dt�rclapmeas.tbe by-law�aad coNiaelms
<br /> —�. = of the coodomi�um a plsnned u�t davelopmeat• and comtiid►ent documents•
<br /> �� 7.Proteetbo o�I.tadti''s Securk7• If Borrovrer fs�ls to pecfocm the caventats wd yreeme�ts�ot�i°ed In tAis
<br /> — --= Dad of T�uu,a if a�ry oedon or prooeed�nj is co�menced which m�o�'s117�I.eader'e i�eresc ia thc PmpatY.thea
<br /> � = I.eader, �t I.ender's option� upon aodC� to Hottowec� m�Y m�ce wcL �• � �h wms, inctmiqt
<br /> . _� ._,.__.... r,.:.�...�.,w..�,�m n,o�ecc Iender's inoet�at. If L�ender roquired moet�e
<br /> �5Y . � w���1�flY1{ l�i �����G�M�i'YV���w I �_•
<br /> C.:�J.F� IG�I�Y w����r.�♦�
<br /> _ �"�� Imu�aace as a condltkn of m�tinj d�e loea secursd bY d�s Deod of Tn�st.Bortow�a ah�11 P�Y��� �0
<br />--��_;:a foc aich i�vssnce uxmtn�s in�ccacdaox with
<br /> - -� • mtinnin euch �nauao�ce in eff'at undl wch time n the ttiquinmeat
<br /> ;�s"'�" 9ataMec'��ad I.eador's wiiuen�ment or+PPn�k law.
<br /> "'-�-`..,� /wy�mouota di�but�ed b�►Leodes Pnnv�at to this P��rsp�9� with inoecest thet�eon.at tbe Nooe raoe.ahall bccame
<br /> �+��� additiaod indeb�eQnea�of Baro.�er stcured br tl�s Dad of Tnut.Unleu Bonowtt�ad Leader a�coe to atbar oe�of
<br /> ; �"y�: chaouf. No�in=
<br /> ` able notice from L,eadee to Bocrower requ�In�P�Y�
<br /> -:����'"�' . P�Y�• anch amwats sbtll be P�Y uP0°
<br /> ���.'`�"�!p 7 s6�11 reqnire Lender w incur aay e�patie or t�te�ny acdaa Laeuoder.
<br /> .��s. cooKiued in thia�t�y � ons of tL� PcopectY.
<br /> �;�i.`�'e�'=.� : S. �. m�ice ur c�ne ro be m�de c+asonabk eatrks upon �n
<br />- r;�.�.��.:. t�ea�oo�bk came thecefor trtated eo
<br /> - ���r �. pmvidod th�t I.ender shall dve BoRmver notia prior m my such i�pa�don��y�ut
<br /> -:.�;t„ L,tockr's inrcrest in the ProQntY.
<br /> _�::�:::n
<br /> +r- r. �'
<br /> ' Ntelca.t�2N76-� 11/96 Ori�inai I��aosd�dl Coqy(lranah) Copy�G1i�toaasl P.�2 ois
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