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<br /> `' .'��'�;:.,°. :�.:�:�' .���� Bomawer wveaant�tizat Borrawer ts iawFuIIy seise�of the estat�herCby cnmrc.gred and bas the rIght co graat `-.�Y �.
<br /> °, :., and oarn�,y the p�ugettq,ead thai the IRopetty is uneacumbere��eP=for ea�mbraaces flf reaorQ. Borrawet ooveaants , '.�" `;
<br /> ,e ��;�. � ;�. '"
<br /> �hat Bonowe€wanants and rn'Il defead g�aeral3y tI�e titIe to the Pmperty ag,�ast al�ctaims aad demaaQs,subjest.to �z�.,
<br /> � •' encnmbtaaa�s af reaor0. �.�b<� :
<br /> �': UN�DRM 4QVENANIS. Bouawer and L�nder amuenant and egree as foltaws:
<br /> f:';`�' .� ` i. Faymea3 0!�pa4 taad Im�tsesL Banawec ahalt prompttY FaY whet►due We prlacipa!ead interest : ��
<br /> ;.. . .�:'-�: iadebtedaess evidenced bp tt�e Piote uad late�ar�.s as protrided in the Not� . 'Y ``
<br /> ���4f*;k' _`� ,., '.'4 �. Fws�a[a�Ta�sa�Insa�ae. Subiect to apgl'uab�e taw csr�writsen v��by Lende�Bormwer shaII
<br /> -_�^=.-=T ,;�.: gay w I.ea�er on t�e daY��3t F��of psim�pai sud'mte�st sre gaqable wnder the Note,u�au7 tife Nate�S paid —_ ^
<br /> �� :��''f �`� ia fiill,a sum(hereia"Funds°?eelual to oa,�twei�of the�earl�t�es arrd�ents (iaduding ootidominium aad �.;.,�Y
<br /> ` ' ".'�'°�' -' � ptarmed uQit devetopment assessments,if aap�W�h ma3►at�a Pnority�ver th�s!�d of T1rust and grouad rents on the ,
<br /> �� , Y'` progerty.if any,plus o��veiflth af qearly pr�mnim ms�_111e�±rn foz ba7atd iasurane�ptus amertwelftL of Yearg►Pre� . t �::
<br /> msta�+,�„ta for mon�ge�suian+o�if aa9.a11 as reasQnably�ated i�riaRy and from tia�to time bq Lender oa the � .�,;
<br /> :�` .,.� .;, basis of a�sessments aad bffis a�4 r�sonabJe estimates thereo£ Bnirower shall not be ob' ted to make such paymeats
<br /> ;:,� t '� �� of k'�mds Eo Lender to th�esteni tbat Boirawer matce,s sn�papm�ats w the Isoider of a pr�ias mortgage ar deed of tiust �` ,;,.
<br /> . S ff such ho2der is an�nstitutional lendcr. �`::-
<br /> �, "_�`' If Borrawer paps Fuads to Irender.ths Fuada shaIl be heU!!a an Tnseitulion th�daPasns or acoounts of whish �;_,
<br /> en er g
<br /> -` ` " aze insured or guaranteed by a fedecsl ar.state aSe�q+Cmelud�g Lendcs if I.en�er�surh an institutioa�. Lend�r ahaB � 1:.
<br /> �� a the Fands w said asse�ents.�s�aace Premiums aad 8m�md ceais. Lender may not c6arge for so _
<br /> ,: pP�► paY �+ � ``-
<br /> , '-.�� �.� ��8�aPP�t8e Funds,analyr�Faid acoount or vecifying aad co�g said assessmeats aad b�1s.unIess Lender .
<br /> . ? ':��,. � pays Boriower iMerest oa the Fua�)s md�applirn6ls iaw pezmifs Lender tn maice such a chaig� Bomawer aad I�ender
<br /> R_
<br /> - _ A}3y/Sg[CC IIl Wltt�$81 1�1C t�IIiC Of CK�i.'il�Q1!0�,�•IIECd Of TIUSL t�t3t 1I1tCI86t OD t�FI111dS 5�1211 bC�LO BOIti2WETs s :.
<br /> � " and un?ess such agreeaaeat's made ot applu�bI�.1lm�:requ'ses suc&inse�st ta.be Paid�Lender shaD cot$e ieq�ired to ��-`'�'
<br /> ��ti � L���s's
<br /> � �` � paq 8onawer any iatesest oi�oa tbe Fu��L�ider sball�is±e,�tn Bur�a.�r.avi�nt�ar8e.snsmusal�tm�. ���-_
<br /> a
<br /> ';:�'�., of the Funds showing credtts and debi3s to the Funds and the pvsgate 5ir�ear�debit w the Funds was made. `t'� '".;-
<br /> .. . ��.�,�:
<br /> � F �� .� ._ . Funds are gledged ss additfonat seccusg foz the sums seaued by��s:iTe�d+�f Tcu,sL � _
<br /> � ��'���
<br /> .. If We sutawu.af it�Funds lieid by Lender.ta8�ther w�1a�e futiu��onthly iastaWnents of Fuads yayable Pifo�•`��, � � �ti�.:
<br /> .. : .�.`:.,��'.,r` � to the due dates of tea�,.pss�t�,insuraace gremi�s and grauud re�.sttaII esoeed the amaunt requined w pay ' �:'.
<br /> �, ' ° �'�'` said tases,assessm�ems,iz�t�anoe premnmos and�ouad r�ents as t h f a l!due;�.~c��ss s b a�be,st Borm�vei's o ptioa, ��_--
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<br /> . � . ���•':�' . . �P��P�Y�to Boaowe�Qr caedited w Bormwer on monthly finstalta�ents of Fuads. If the amouat of ttte. �, -,_:
<br /> '�,� ' ` ' � ' Fimds held by i�nder shaII not be su�ent to pay�,�msuraaoe p�iums aad grouad rents as ti�ey faII �.,�;�
<br /> �:M_•,:�...:�t�.�.. � -
<br /> . dv.e,Borrower sbaIl pay to Lender any amouat neoesraiy to make up t�e defcaencq in a�nr more payments as Lead�r C;,:.:
<br /> . � `. �. ��:_�
<br /> .t� ��� r . � �P��t iA fuII of aIl sums seeure�by thi�De�of Trust,IrendecshaI�giaats�tt9 refund.ta��r auy ---
<br /> ��s :.� ..: kliads held bq��endet�If under P�B�Ph 17 hereof the proge�ty ia sotd or W,e�i'apettT►L�at�etwfse a�tfq Lectdet, _---
<br /> , �� � ; :���ader dx�!aPPIq.uu later tban immediatety prtor w the sate o�E the Propetcq ot��o��Y��.`�Y F� .�.
<br /> � , ..���ider at th�time of apptic�,on as a c�dit e�aia5t tt��fi�as,secute��by t�3�of Tmst �• t, -.;
<br /> ' <,�,b. _ ` ~'"�,.. '3:''Ap��ibu o�PayAts�rtis. UnI�s 8p�,fIiaeble la� � otb�r.�' F���bJ►I.ender ai�itse' ��
<br /> t�'��,��'.,� � ,::�N o t e a n d p a r a g r a�3 s x i.a a d 2 h e r e of ahall be u�i g d ��fust in-�af amounrs pagable w Lemiat;A�P> j �3�€-z-�
<br /> -'��1��:r .�� idorrowe�uader para�rap'fi 2 hereo�then to int�.pap� �tfie Not�,�Yfien to the princiPal of the Not� .�:, , �:_
<br /> �ry rrt ,r ...:_ �' � � ,'f ,. t�.c--
<br /> 4. Pcior Mostgages ust�4 D�eds otTr�s�Cttarges�E�i��Sozrawer sl�att petform sU of Boaowe�'s obtigatioirs. .;'�.°' *f ,��_;
<br /> t;''; :;� . . `, ': uader airy mortga��deed of tn�st oT ott�r securlry ag�eem��ith a iien�which&as prio�iry aver thts Deed af TY�::��•'• -_-
<br /> , . inciuding 8orrawer's oovenants to make payments when du� B�rawes ahali pay os causs w 6e pa i d a ll t�s.assessment� • �.�.�.
<br /> :.;,���a��r..,:,..."•. : and.ather chazges.5nes and impasttioas ann'butable to the Property w3uch may attaia a priority over this Deed of Trust, p�_;.
<br /> _;:n��-��,:�; .;::, ., .•.,.•; . aad Zeasehold paymerits or groutW rcnts,if aa5u ��
<br /> `:����'��±�,: � s•,�:.'. � S. Ha�e�Ins�no� Borrawer s1�aII iteep the impmvesnents naw e�sting or hereafter ere�xed on tha Property =--
<br />_ :*,:,.. . �
<br /> . • �4W0d 8$�1t18!IaSS Dy f�h8z8I+341IIC111dCd w"1th1II�he iCtIIi°extendsd caverag�"aad sucb other t�arOs as Leader way
<br /> .' �� `:,:, require aad in such amounts aad fus auch peciods as I.ender may reqi�c'�. . ` .
<br /> f ` ` 'Ihe inguiaaee cazrIer gmvidSng the insuraace shaT!�.�hosen by Bormwer subject to appraval DY l�end�r. -.
<br /> t�E; provid�c1.Wat such agpraval shall�ot be u�easorahly.a�thhct�'��HU.insutanr�Pa�cIes and reneovals thereof shall De it��� .
<br /> �'�r� u: ' a form acceptable to T�dr�a and sA2�incZude s��mSr,rsl.m . clause ia f�'vr of and in a form aweptabie w I.eadet_ ' ",'�
<br /> ��� '. �.. Lender st2r�16ave the ri�P,t to tiold#9�e Po13c�ea�u���t��subjecc w the terms of aay mort8a8e�d�ed of tta���
<br /> '';f�,. ':�t ot�,er.-r.;�uriry agreement wftb��m w2iich has p�itccriiq'r�ztt�'t!'tis De�d ot`'Itusi. i , . '
<br /> a. :�,s the event oY loss,Borrawer ahall pjve pmtmpt nul�¢t�x the i�auraace c�rtier aa.ci I�ender. LeaQeT may ta�td�a��.
<br /> '��`` . �iaof of fass if aot made m . :,: . . "`'�
<br /> Barrower. ' , . �
<br /> ` ��"" . '� IY the Property is a�a d Ey Borraw�e.vr�I�C�er fa7s to rapond to Leaxier witbfn 3!�daqs from the -�
<br /> � .
<br /> r r:4„f ` . . date aotice is ma�ed by Leader to Bo�rower Waf.,'t�:ti�n��canier offers w senle a cdaim for ia�lnee beaefits. � � ;_
<br /> �;,,� � :. Lendec i�t�uthorb.ed to oolleect ead aPP�►��Pn+'�,at Leader's optloa either w�restarariaa pr repair of the , r =.
<br /> ct
<br /> _ �,'t�.�� '' ; Property p�x w the sums secured�y th�s Deed of 1�L . . F_�.•
<br />-� • � .-���.��1 ot �asetco Condomtatumas Planne8-Untt.Itevsiopm�(6�, -
<br /> , 6. P!@SEf�ittl�A LU1l111�8IIILCD8IIC0 �t�O�C[�j� �f
<br /> �' ,.. � Bnrsavrer shaD geep thc property ia gaod:epair aa�sball not waamit�vaste or peruIt iiugairmem or�.,Pterloratioa`o�' � ' �
<br /> .... �
<br /> ,' ;. ' .' the Property and sbali amp2q aiW the provisions of aay teasa if this Deed of Ttust is on a leasehold. If this Deed of• F ,�.-
<br /> Tiust is an a unit in a condommi�um ar a plann�ed urrit deveiopmeat,Sorcaa��:s2mll perfosm aII of Barrower's obligatioas �`f;::,
<br /> ' undcr thie declarati�oa or oovenants cneating or govemiag the eondominium o:plaaned unft dcvetopment,the by-laws aud
<br />_ � � . regulattons of the ooadomi�ium or�Si�naed uait development.and wastitaeat dacumeats. r� :
<br /> . . y Pentedl�of I�enQefs Secmity. tf Bormvrer fals to perform the ooveaaats end agreements aontained in ,
<br /> � • � this Deed of Trust,or if aay ac�ioa o:proceeding i�eommeaced which materialty affects L�endeYs intetest in the FroFerty►. ;�'_��
<br /> .. � ,• : then Lender,at Lender's option,upan notfce to Borrower,may maice sucL aPpearances,dis�utse aucb sum.s,including ''T'
<br /> -; �� ' �.' ���:, � reasanable attorneys'fees.and take such actton as ia aeoessary to protect Lendet's int�rest. 1f Leader required mongage �
<br /> � �• inswartce as a ooadition of ma�Iag the Ioan secured by this Deed of Trust.Bormwer ahall qay the premivats require�d
<br /> � to maintaia sucb iasuraace in effea vnbl such time as the requirement fo:auch iasw�anoe terminates In aeou:damo6 vritb .:
<br /> . . Bonawer's aad l,endcr's written agreement or applicabte law .
<br /> . . : �, . Any amouata disbwsed by Lender pursuaat to this para�apb T.with iaterest thereoa,at the Note rat�,shall .
<br /> � '' � becnme addittorrat�ndebtedne.ss of Bmrozver ae�ued bq this Deed of Trus� Unless Borrovser and l.eader agree to oiher -
<br /> - : � .�f'� temis of payatent,such amounts ahals be paqable upon aotiae�om Lender to Borrw.�r requesWtg Fayment thereof. . -
<br /> �. : � Nothing contatacd in Uris paragtapb 7 sl�atl require Lender to iacur aay expense or rake aay actioa hcreunder. '
<br /> - � Potm 8D28 (P�2 0!B Pagos)
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