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<br /> -- ` : ' � 101009 07J03/1937 '
<br /> _ �—,--�-- � P.xCHJ�� A aRi1DIIfl bOYB �Iit1DDA �'�'.m. ������ .. . .__!
<br /> .� ,� .. .' . .. �
<br /> � UMUOIiJ�t COVP.NAt�P5. Bu�we�aad I.c�dcs cavenmu n�u4 agceo as fullo�vs: o
<br /> l� PAymenl of Q�lacipal and Iata'�t. Qorruwes shall pmmptly pay �vhen duo tha p�inclpal and lntcrest
<br /> � indet�teclnes.�ovtdcnc�d by thv Note awi lnto chatgcs na prc�vl�lcd In tteQ Nuto. ����c��1 pay tu ' � �
<br /> � a. FLnc�tasr'CE.�es and IQmuranoo. �ubJect to appllcable!Aw at a wrtttop wdver by Lende�� .. _
<br /> i Londcr nn tho ds►y inontlilY paynuma uf�rirmiral and{ntcrest sm payablo undcr thc Natc.undl tha Not�1�pala lu NII,o
<br /> —� sam(�arcln"i�tyt�!s')�t to ar,��hvalRh�f tks ysarly mass Attd��ceasttmnts(iuclu0iu�coudomlpiutu tw�tl Ple�d untt _ .
<br /> — , � dcvetapafent ess�ss�,�nts� If nny) tivLkb tu3y atta.ta priodry ovet dite Qecd uf Tn�t,ao�grtu�n�!t�nts an tho PrupertY�if .
<br /> � '.. ' an�;.Pltt�a�efi:�eiflh af yc�rly pe�nilum in�taling:nta for h�ni icuwiLacc.plus one-tweltth of yearly p�emium instailmeut� �� ' _ _ _
<br /> � far martgs�o tayvrnct�a� if any� �11 as reasuaahty esdm�tcd inldnlly ond lir�om d�ne to tirao Ay Ler�der an tho b�l.q ag
<br /> as.rssaneau►wid bills au+d Kisonublo esdm�itcs thateaf. Baaa�ver shait�x�t be abllBated ta n�lce auch paymonts of Pw�d.c
<br /> .� to Lendar ta tt�a extnat thut 8onawer makes euch paymeats tn tho hplde:af a pdor mortg4ge ot deed of msst if such dalder .
<br /> is aA InsdtudonAl leud�r.
<br /> 1f Bnrmwer p�ys Funde ro I.ensl�r. ehe Fuads sha11 bo held iu a�(nsdtudaa tho deposita ar accounts af wWch ate .
<br /> � tasared or guaranteed by a Federat or stnw agnacy(luciu�iup Lender it L�nder ia such an in9dtudau). lrnder sbnll npply .
<br /> the Nuads ta pay sald rnaes,assess�eats.iasuiunco pmmiums u�d peoumd centa.Lender may not ch��i�=so holdina aad .
<br /> applying tke Funds. analyr3n8 .cn.'�I acsaunt or vedtyi+Lg und complliqg said as.s�ssments �nd l+illy. uutess l.ender paya _ _,;�:�._
<br /> ` Bflrmwor iatereat oa�ho Fu�azu9 appllcable la�v pernilte Len�er ca make such a chargv.�arnywer�d l.onder may agree :�:�_
<br /> , �,r,.: .,
<br /> �' � lu wrldi�g at 4ho d�e e�F execudau of thie Aeed af Teust thxt lntarest on t�9 F�ads eba11 b�pald m�nn'ower. as�f uNess ',__�
<br /> s�seb agreement Is umda or applicablo law reguires such inteiesi ro t�e p�d. L�eader sha11 not be rc�pu��9 to puy Bonower , ,.��._
<br /> g �,.;�._
<br /> � 80y�L1ttl�fSt OT Citill�llB9 OA tI1C Fll1lt�9. l.ender r�all give to Bom►wer.�vlthaut�ar e.&q AriIIl13�&QOt1lliTt�Jll$Of lhB FUQ�51
<br /> � shv�r�ir�g eredits wnd dcblta ta th��uads ond the putp.�.�fnx�vnich each deblt to the�lintla�vt�.v tns�a. 'lbe Fu�is are . .°,�::: —
<br /> pledged as scldidonal securiry for die n�umv secwrd by thfa OFad nf Tnast. `' ;;;�.''i`.i;�.;
<br /> .1'K
<br /> I�Uu wnount oF tbE�tads hetd bY�ndcr.tag�ther wlth the tlid�re mrnthly ia�tltnants of FYi�r�Ss payable prlor w . ,c,,�5':-°.
<br /> tho duo datea af taxes� assesa��ls. ins�uauce lnemiumv ansl gcound rente. �all eacetd dte amnuat rr9ulred ta pay said .��`,;:'=-
<br /> wnas� �essmente. insuran�eo Premiwns aud gmunct conta as chey fal!due, au�h e�ccesa xt�aU bo� ot Barrower's opdon� .�:�:
<br /> ,.;_.`r��t`..
<br /> � , either PmmptlY rep�td to BormwEr or credited to Boiroaer on aaonthly iuswUments oS�n�s. If the tunauut of tue Funds _
<br /> held by Ixnder s1wU uot be suf�cient to pAy w�es, esses�tnta. iasuraACe pnmi�mv anfl grouad rents a9 tl�y fa11 due� . ;� �_
<br /> ��.* . Bonawer aLAp paY to Lender aay amount aecessan► to muke up the deRotoncy ia one or mure paymcnts� 1.ender may •�.�_.�
<br /> - ��. ,,;....r
<br /> U{wn psyment 1n tLll of Wl sunw secured by thia Deed of Tmst.Leader at�l!promptly rofund w 8urtower t�uy Fimds . .:,..:-.
<br /> � ` A
<br /> 1.enGer.Ixnder .'"�`�``�,,r—
<br /> , � v� held Dy Lender.lf under parqge�ph 11 hereof tho Pcoperty ie sold ar tho Propt�ty ls otha�vvlue�c9uimd by ;:�,.,,y::�.
<br /> � shAil apply. na latec than immefllately prior to th@ sule of the Propeity or its acquts�dan by I.ender.any Fw�ds held by �.��_.—
<br /> LeMer�t the dme af appltcatlon av a credit aga�atit the sumv secured by this Dad of Tn�st. r���v l.ender under tho �= __ _.
<br /> _ -----— - , �cr$�ia te�p�+ldp att�stsloe�s!!�sBtn�nie
<br /> 3. AppUcattan oi P�ymem� Unica�appi'- -
<br /> Noto aad patagr�pbs 1 and 2 hemof shs�be applied Oy Lender 6ret ia ppyment of am�ouuts paysbl�¢a�.ender by Bo�rower =-
<br /> �t P�Ph 2 k�nwf.then to iateiest psYable an eht Note.swd then to the p:Incip�a�r�e Noto. _ ---
<br /> � '� � _.,_ . .... �. � �tt�au af Borrowor's obllgAdaas
<br /> -. _ �_ . . _;.� ; s. retor Mae�t�ses wnd a�+c..��, '�'�..;�••p•.���whl�t�a��darlty ovcr eWs Daa!oP 1Yust, _
<br /> . . urder any mort�ga�deed ot wst or ather securiry agm or cause w be p�id aU w�cea.assessaunts —
<br /> , � . includlag Homawer s rnvowwts ta mako paynaents�vhen due.8omower shall pay �
<br /> T and a�rr ch�rges, 8MS+md Inipasldons Aaributable to tho Propert�r which a�y atta�►�prlority over thls Dr.ed of Tn�st. ---- ^
<br /> � aad te�.et�ald paYmente or grouud rents.(f any.
<br /> Z s. H�ard �neurauce. HOIi'OWC?B�IYII 1LCCp iZ10 I1rij►l�fVCIDCntB�OW CIIISt10$QEt��CI+CCtC� OA ttt0 PNpC1't�► �_
<br /> � iasurcd qgaiast lass by&e,hsr�rds lncluded wl�hin tho tcrai`oxtended cavemge'.as�8 such other hs�cde as Lendae may ��,
<br /> ` `' reqn�ro aal in sast��unts w�for sucb ptrlods as I.ender a�ay requico.
<br /> ,' ,�> � '[he insvia�c�n4er�mvldiu8 dio iasumnce ahWl be chosen by BcuEOw�er su'�.�.�to appmval by Le�Wer;pmvlded+
<br /> tbat sucb Appmval sh�A not be ucireasonably wlthheld. Ali iUSUraoce Pulicles a�d r�ew�le thereof stiaU be in a fomt
<br /> �� a ' acceptab�e to l�ender�und eball iatlucte a etandAN murtgaga clause in favor of And in a�a�rn Acceptablo to Lender. 1.effier _sY^.�
<br /> . stu�U hsvo�tte rl�fit to hotd the pollcles w�+renewals thereof.su�ect to tlia toinus of any aaangago.da•d of wst or ather _-
<br /> • seswlty�recmezat wtth a lioa whicL hae prlority over ttds Deed af Tiuss.
<br /> lo tbo event of loss�Honnwer atwil giva prampt nodce to tte�imswr�:e c�rler and Leador.I�endar may make pmof ---am�
<br /> , , � � af loss if aot m�de promptly by 8ortower. �=—°_.:
<br /> If�ho Pruporty io aWindomd by Barrowor�ar if Hamower fail�tm responcl w Leader wltbiu 30 dAya 8+om tha data =
<br /> � ° � aodce!e m�ited by l�ender W Honuwar ehat tlte intwaace carrler of€e�s tv seule p cluim tbr iagurnnce beneflta�1.ender fa �_�
<br /> � uuthorlud to collect wod apply tho iagursuce proceeds at Lender'�vgdm9�er to restasdon ar re��of the Property or v-
<br /> ' to tteo aumv secure�by Wa De�d of 7'mst. ¢
<br /> ,. r f. Pnserv�tlou �uad M�futenance ai Pro�wty� Leaaehol�t Condomid� �nned Onit Devdop�ua�te. �..`` --�=�—
<br /> �� ��
<br /> � �� Bon�owor s6�11 kotp tho PcopexK+in�aod raps�ir+wd sh�U nc't commit w�sse or pe�t impairment or deterioiadon of tha ��� _
<br /> • � property aud alull wmply wlth tho provlsionv of pay leuse ff tWs Deed og T�ust ls on a le�sehald. If chitl Daed of Tcust ia ��L_,__
<br /> aa�unit ia a condominium or A pluwed unit daelopmew�Hamower st�D G►�f�rm W!of Horrowor'8 abUgadons under the _
<br /> declaration ar eovonAnta ereadn8 or govem#c��condomiaium oi plaa�ti�ait development.tha by-lavrre and regWsuions Y '�,.��,.„__.
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