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<br /> � P UNIFOIit��GOVaNANTe. Bafcu�cr snd Leudcr covcn�nt na�i a�rze a9 fuliowe: ���o �(�,���� �
<br /> � 1. i'�ynt�-� at Pt�sl�l �ed t�+cr�. �3ornntiver shall PmmpslY I�Y �vhen ctue tho prlasipa! nterrst
<br /> -� �, lo�ie6icdn�es9 evidenccd by tho Nato aud I�to charges e3 providsd W thu Now.
<br /> � $.�mib tar Taxc�t�tntl Inu�u�aaca, Sahf cct to appll¢ablo!nw nt e wrltron w�lv�r by t.eadar.8t�rm4e�cr ah..alll pay w
<br /> � -_ l,cndcr nn ttt�day woutdl8 t�Y►u�uts oi p�taclpzl and later�st aro payablo und�r tho Nata.uudl the Nnt�Lv pald!n Nll,u
<br /> - - . . . bum(t�c�la•FurWs")etival ta auc�twelfth of t6e yeatiy�ses and�sscssmenis(ituluding cot�uiinlum ant!pl�.d uait ..
<br /> .. , �, davelapr�ni�scssnn�n�a,I�e�y)tvblsh m�y�1n priurlty m►cr t�l�Dted nf T�t.tuxl geuu�ce�ats uu�ho Ptc+peny�If
<br /> � _ � anY,P�S nna-twelfW af yquly prcmium iascatlmenfs fo:h�d insurauco�p1uB one-hvalfih of yearly premtu�n installn�ent�
<br /> - � f�a mortg�go insurancc, IP any. �11�s rcasonably csdau�tcd iaidalty and t�am dnw w dmr by Lendec on tho basi��f
<br /> � a�essuacnts and bllla and rr�sombin esda�atcs thenrof. Hon+awer shall uut bo oblig�ted ro a�1ce sud payrr�nta of Funds
<br /> • �� - �-=� to I�cndee to tho e�tcN Ibp1 l3urroK..r mahcs sucA payrocnte to tho doider of A pdar martg�go or deed of eeust i�such kolder
<br /> 6 IR pn I�.Sdtudonal lendtr.
<br /> , , .._- — lf Barm�:�r pays�u�da ta l�cnd��t, tt�o Fuads s6a11�hatd�n aa iaStitudaa thc dsper�,�ts or accauut�of�vUkl� sre
<br /> M ' la,uted or guaraata.�d Ay n k�edoral ar stata ageucy(ioctudfqg 4euder if l.ender ia such en Insdtudan). Le�er e6al1 opply
<br /> ' , , the Fwids ta pay said a►�cm.Asstss�u�u�s,inswr�ncn prcmtum9 aUd gmuad�nta. lxuder may not cburg@ for so holding aut -
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<br /> � npplyi� the Funds. ttt�yela9 sald�tcaount or vedtying �nd compiNog sald a�sessnnent�nnil bille, unttss Lencter pays F�
<br /> � Bom»wr iatorest an thc�Fuads ancl appltcable luw parmite Lender to a�o such A ch�rge.Bonawar and Lcader may agree '�-
<br /> ; tn�vcidqg nt tAo d�uo af exc�cudaa af�hts De�d of Ttust th4t iatcrest an tho Punds shall�o�aid ta Borm�ver.and untess �f=
<br /> � such agrcement is au�do ar applicable lAw �aJuic¢s such inur�st ta be paid,Lendor stwU not bo requtred to pay Bnmower .,
<br /> uny icuarest or eAralnitg on the Funds. Lea�der sdWl givo to Horm�ver,wlthaut chuYga.�ut anawtl�ccoundnn of the Fuads ,�
<br /> showing ctedlts and debite to tho Fuads end tAo puspaso for wblch each dabit c�n a�►�FuadA was made. 7he Funds are
<br /> pledgcd as�l�donAl occtvlry for the sums secured by this Deed of Teu�. �:`
<br /> • � . , �; If the smat�l uF ehu F�+t1.9 held by li�ler�toget�at wtth tho future mnnSYdy ea4taltments of&L�zsds peya�►!e prlar ta �';-
<br /> th4 d�o dutss af�2s.�,.cc.s.�rcea�nts.iam��ee premiurc�and 8rouod rents. s�u11 exer�cl the aawunt ceguiac�¢a g�ay sai� ��
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<br /> �5 �",s. ,� � , t�.��w, xs.ai�smants� icr�:cs��xmiuss�s and gavi�d rents 8s they fall chte� sucii exorss s�hal!Q�� ot Barn�tivcr a op�ion. �:..
<br /> ,� :�,;.�� � ` ;_� either pmzqptYy+r.�,id tu�areower o:cre�licrd ro��wer rm m�nthly instalimenss of Funds. di th8 uwaunt of th►Ftu�s _�
<br /> ,�. <.�,;�, '� held Ny l�ndat sh�l1�at bo suffl�ient to �,qy taaes� acses.munm� ic��nca pnmiums nnd gnmin{1 c+e�ts�s chey fall dus. �__
<br /> .:.:,�•�::!;S• e��ver s6at9 pay to l4ander any amount necessary to m:lce up tha dEBcia�y iu ono ar mo�e pApmvntp as Lender may =_-
<br />. �,��` �� requlro.
<br /> '"'��± ,::,.'�,;,����.:� ' UPom PaY�nt ia PoU of all sums�by tWa Oeed of Tnus.L�nder stu�ll pmu�tly retlwd to Honnwer uny Funds --
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<br />_ _ ,,.{�_ �;;`;,,.,�;.;•�: hcld by I.e�=.If uaQat parag�aph 17 henrof tho Properiy is sold or che Property ie oihctwlso Aoquirecf by I.endcr. Lender
<br /> ehali t�yply.no latet t�t�u isamodlAeoly pdor to tho ealo of tho Pmpe�ty or its tcquisidoa by Lender� aay FunGs held by
<br /> � , � � 4tudes et the dme af t�pficulon a9 a omiit�a��t t6c s�v secu�by thls Acod af 71nw.
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<br /> Nata atxl pu�apbA 1 ard x hot+ec�f elwll bo�pplied by I.ender Qtse ia{u�yu�tnt of amouute paytblo W I.eMtr by Boirowar
<br /> � ' � "� uud�r puasnp6 2 6emt�f.t6en to latercat p�yable on t6o Noto.Alb lZiCA�0 tIlO(f�AC�Q�I Ot(Tl0 NptO.
<br /> ___ " ._ . sA.�. �.���fl..d..r 7�=rlu�. �Le.. �p�if,�,L,�e!.tlalt �erEnlm ,
<br /> • - - - .. �*��i - -�...«» _�_�11 nl Bnrroy�er r nhllTitlana
<br /> - under u►y moiyyo�dxd of cfvat or ati�er 6ccuri�y �oemeat wlth�tiab v►ittoh f�prtarrity crver�pead oi'_f�sa. -
<br />- �� iaotudia�8orrow�et'e cavama�u to an1�o psymente when duo.8am+ower�tull qy or cawo to bo pild t11 tue��acoesw�enta
<br /> . i• � aud uthar chu�es.�in►n and impoaiduns atttibuttble to tho Property wtilch mty atttta�prtodty aver ttdls Daed of Ttuat.
<br /> '. ��;:, . .��• u,d te�webold p�ymcaso o:acound ante�ti wy.
<br /> .�� �°:�;.•:.� r � �.ELard I�cr�nca. Hon+ower sh�A kap tho improvement9 aow e�istl�n�o: ta�aRa emted on t�o Pr+o�etty
<br /> .��.'� iasw+e�i�tnst laso by flce�h�r�u+de iaolu�led withio t6e term"aatendaf eoven�o".ead euch otber h�sards�a Leader a�y
<br /> r�e q u i r o w d 1 n s u e b�m m m i n t a u i d f o r s u c b p o d o d s a y L e�d e r a�y r�e q u i r e.
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<br /> '�� 'Ibc imvr�uoo curlot pmvldia�tLo ln5ur�nce al�il bc chosea hy Bonowcr subjxt to ipprov�l by Lender:Provlded,
<br /> 1 that b-uch �pproval at�U aaa bo unceuon�bly wleb6eld. All iasunnoo poAcies and reuew�s tbeaaf shW ba ia�form
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<br /> . ��r-::�.. �,. acoept�bla w Lenda nAd slu�U inclndo�st�odud mort��o clavse in favor of wd la�form�aceputblo to Lender. Lender
<br /> �`� ,+w• � stutll tu�v�tlise d�ht tu huld tho polioies ud ccmwala thereof.sul�xt to tho terais of agy ax�tt�o�dced of uust or other
<br /> .` ��; " ," „ s,e�urity+�grCemcw wS�b�Ilen whieh 6�s p�iority over this Deed of Ttuse.
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<br /> ,�; . , In tho cvent of tats,Hotravrer sh�it�ive prampt nodco ta tho incure�co car�ter aud l+ender. Lxuder awy n�ice praaf —
<br /> ` �rr,, �,; of lass If aot eux��ido praUaptly by Boirawer.
<br /> tf tho Praperty ia�ab�dor�by Bosrower,or if Boirower�its m cespond to Lender wlthin 30 dAya fram the dute
<br /> ;� ; - nfldce ia w�ilsb by l.uncldr to Borrawet thit tbe ic�urnaco carrler affers w settlo�citim for insurmco benoate,Londer is
<br /> i. _�`,� �� aut6atked ta collr�t aad apply tho iasvranco pmceeds at Lcndei's opflon either to resW»don o:rtp�it of the Propeny or
<br /> .�.... . ta tl�c sums we�un:d by t�a Dad of Tnut.
<br /> >`'• J � i. Pra�rvatbn aud Mdotaunoe of Propaty; Lea�e4oldci Condanfnlu►u�{ pfaoa�d Uatt Devdopnente.
<br /> �:';;:°. �. � - ' Bortowcr sLall keeQ t�o�Pmpeny ia Qood repait�ud�1wU nat com�t w�sto or pormtt impxlrment or deu�ioiation of the
<br /> �"'�' '�`"" Propery►and ehaU comply vv�th tho provtsions of sny le�so if Ihie Decd of Teust ie on�leaselwld.It ttile Deed of Tcust ie
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<br /> . ,,, ° on A udt ia t�oondumit�lum oi t pl�utdt developmew,Barrower e�ll perform All of Sorrowor'e abU�adon9 under tt►�
<br /> � deelastdon o�cav�tts�crpd�or Qovomlq�the condomfnium or plu�ued uidt davelopment�tho by-lawe Aad�egul4daav
<br /> — .�—-;—-��— �`-`� af t�e ao�lNum cr�ksoed�s3!ds�tels�meat.aad cwts�tesat docu�ts. �
<br /> �: ' � 7.Pratatbn ot�l�a�dce'�S�curity.If Borrowor faile to pe=form the covemnts and A�cremonte contaiaed ia tWe -
<br /> Dad at Tcust.ar if nny�cdon or pmce�dlug ie com�oenced which a�aterlaUy affects l.ender's latenst ln t6e Pmpeity.then
<br /> • � L.euder, a� Landnr's option, upoa nodco to Hormwar� may m�ico such appearfwcee, dlaburso such sums, lnciuding °_
<br /> ;.. • ;�''� �' c�e�somblo tttomoys'faes.aad tal�o euch�tedoa as is�oecessaty w pmtect Lender'e intorest. lf Lender requirtd mort�age
<br /> � insuranco�a conitiidun of m�idqg tleo lou seennd by thia Dred of'Mist� �orrower shaU pay the pnmiuu�requlcad eo
<br /> � maintaln such insuraifao in effect unWl euch dma ps tho requlrement for sueh lnsu�ur,e cesminAtea iu�ccardAnco with
<br /> Barrowor's ond l.ander's wdtten�recment or appli�ble aw.
<br /> Any unaunt�di�isuar�by Lender pwsuant to tbla Par4grnPh 7.wlth interest thereon�at tha Note rat��shall become
<br /> �;;';': s�dibtonnl iaQr.biedn�te of��r[awer secuad by thls Deed of Tnist. Uuless Bairow`.r xnd l.ender�gr�eo to other teraos of
<br /> ''';;;.�;., . : . paSm�eat• eac�sunounss stu�i! hc Qa���apon notica from Len�der to Borro�ver ceW�t� IpaYment thereof. Nothiqg
<br /> : :��c�.� ..,..;,„;, c�ant�ined la¢2do pAre�rnyb 7 st�ll e��ll�ender to inc�u a�►y exp�se ot t�1co any�on h.�u�ff.
<br /> s ;;r ';�"•.,' 8. I�upa�tlon. Lc�d:r sray nra�e or r��aso to te�madc ae�vnabla entriep u�au cc►� iaspecdons of t�ho Property.
<br /> �'?' �rovided thnt LtA¢er c,�99�ive Borrowor no�ico pricv�¢a nny sucfi 6�.speetion 5pec8Fyang ceasanablo c�nse theu�or related eo r�..
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<br /> ��, i.ender'e intzrest in the Pmnettj.
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<br /> i.:,,' Nebrub26a76-3111D6 orlqi�aailR�oord�d) copytera�aabl CopytCu�tom�rf p.�o2ors
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