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<br /> - -�--�t'` �%'���tt � �� . �s r, . ' 4"�"gyi i -�,-� ' :�s4s2����•..r�..sf.s.e=..r .
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<br /> .•�.1��E. � . t . . _ .
<br /> ` `:;r � t oY the initebY�evldgncea bl+Bonv.r�re�'s npte dat�d ::`�c•,�:;;
<br /> ' � • �: ' `• 'P�SEG�JRE to LeIIdet the regaYm� ���nsand�nw�raL�t�e�f(he�ia'Note7. `` �`:, : �,
<br /> . � . ` °` Jt7LY 16, I997 rm�tdin tor .
<br /> ; � . � ta the siadpsl sma af US.� 35,000.00 ,with iatere3t thereon,p $ C�
<br /> .°` of the inde�tedness,if nQt sooner pata.due a.nd payahle � �.
<br /> �'`' ` �vltDthetiatanoe ya
<br /> _ man W y i n s t�ll m e u t s o i p t i a�3 p a t a t t�interest. h w i t h i n t e r e s t t h e r e o m,radcanoed � .
<br /> ;�pey�at oralt other snms. �:° �`�` �
<br /> � � o n� J O LY� `2.�.1..ja• 2Q12•� �*�e�}�Af•��.�o f T t u�s�a a d t II e P�°��of the covenaats and _,.
<br /> � ' 14 bUWiYQYai�LW1GY�1{il W pavWrt YW�7NYi�j {� W 4 7 � "S`•'..c R��.
<br /> .. � . �� �:. agreements of Bmmwer hetein aontained seised�f the estaGe hetebY a°�Y��bas tt�e ri�t►t to�ant aad Q ... . : �..
<br /> Boaower aaveau►ts tbat Botmwer is 1aw11iily het
<br /> for encumbr�uocs of reoord. Borrawct oavenaats °„ .t .`.- .
<br /> ` that�B�rm�rer warean�a n d w U l f e a d g e a�a t t i+�� e� Property►aBainst all ctai�s su�i demdnds,s�bba�t°
<br /> . . � _., , ��uaabianees of reaord. wU ��i��t��as fa]iows: �s ,.
<br /> . . UNIF�RMOaVENAI�l1�.. �Qim�erand wheQ atte the p.S't�pa1 8IId I�TefeSt ��.��:•.:_ ..':
<br />_ • ay s�� Bormwer sltall prom$J;� L'�Y
<br /> . ,,,� iadc�ted�e�daesoe��.�ancA ta�e c�.arges as pmvId�or a wa�tc n waiv�r bg �Lee�er,Bormwer shali pay
<br /> �•c_in
<br /> ,. �<� ;�, �fap'Iia�es and� �3�co applicattte ��.ct�e Not�natl�ihe I�iote�s paid r '
<br /> of pr�ndpal ead interest are YayaD oondominium aad � �=:�
<br /> .�.;'.; U?,Ti+�AdCT OA.th8.0&y�ntbl9 P�� �an�as�.��au('mct�ng �_�.,_.: �
<br /> � � ��$s�,�p$t'.�nads�eqc�al m onr�tw��a�p r I o r i t y o v e r t h i s D e e d of'IYast and grunnd rents on _�_'""F.'"
<br /> � � ' •�'�;., pIanned anitdevelopment asscssmeats.i�anY) ��instalIments for hazard ins�uana�Plas oa,�twelfth of ye�riy .•n;F-..`
<br /> :.,��..�': .. �p��y,�auy,Pius oge-twelfth o��if a�y.all as reasonabtY estimated R��Y�fmm ume to t�mae sy • ;r;.
<br /> ' , ` `" preffiinm InstallmeaYS far murtga�e __ ---
<br /> :.<<R:
<br /> . ' I�ender on the basts of as�ts and bilTs a n t t m,as o a a 0 l e estimates tbtereo� Borrawes shaD�noho2der fga Fr�or =---
<br /> '`f ts of Fauds to I�endei w the eeQent Wat Bor�owes ffiakes s�ch F�� .~ .,.
<br /> • .t � e en
<br /> iA .°:;�^ ��af ttd+t if sach�otder is an institattunal2ender or aaoounts of whic�are �'`��:.
<br /> .. - -- - -.. ..; � `�
<br /> m�1f Bo�mawer pays Fnnds m Le�dcr>t�e F1�nGs sbaU 0e tield in an iastitntton tt�ee deposits �
<br /> t
<br /> . '�,r`.` ed os teed by a Federal ot state agea�y(iactading Lendei i�Lender�sud����n?� Leu�tet sball .
<br /> . . ._ �thc�tin�ds to Pay insuraaoe prem�nms aa�Sto�
<br /> nut c�arge Wr so ��.'-<I:'�'�
<br /> SSW t88e8.asS�Cnt4. � AcceccmeIIis SIId b3�1s►11II1esS �'_��',� :
<br /> � � . . Hotpa�;ng ana applytnS the Faaas.anatydng�acoount ar verifyjng ana wmp �� Borrawerand
<br /> .. ... 4:�.--.7 . Leuder aps Bo�a�vel Iptet�est oa tIle Fands and appli�$b2e lawpermiss Lender w maYs sa�h a c�rge. ,��•-�'"-
<br /> . ' p in wdtiag at tlee time of e�ecutIon of this Deed of Tiasc that iaterest on tice F�mds shail Qe paid
<br />_ � ;�,: lender m�v a�ee such interc�t w be patd,l�ender sha11 not �'��---.
<br /> ��n
<br />- ' ' ` to Hoaawe���d untess sach 8g��eai Ls made or applica�Ie Iaw reqalms. without charge. .�_,
<br /> iaterest or earniag�on the F1�nds. Leude�s�e11�'e to Spsra� �``� '
<br /> .;t,:;Y -,••=:•..::.; �req�to pag Bflr�n aa9 ge��aaa debi�s ta ihe Fnuds ann i8e purgase for wbich easb de�it a 4=-;=�-
<br /> ''��r:Y � � ';� ���1 a�ouatiag�4c��buAs sflmving for the sams se�a�red by Wis Dee�1 of nnst � ;�.:
<br /> � �{'F �!-.'�' �-,•a,•�. �.: Tc^�.T:..-
<br /> ��dS�r tABQC. �8 `�1fll13 8T6�Cd 8S 8Q�1TOA8�SCC�I�1 indAllfit ►i9 Q�T''UIIQ$Q��i'db�t'i]1I�I
<br /> . , i,,,.,;;` ..��._
<br /> . If the arqie�unx of the Fnnds T¢eId ir��nder.together wlth the flunre montitt9 r Y
<br /> . , �,, i�traaae premiums and geo�sents,s?�ali�.�Il��mount r�uired to gay try�,�_.
<br /> � s�the dne c�of taxc�,�� nnd rents as ths,y fall iS�,sucb�:�11 b�at Bo��s 'c:s.e�:
<br /> �".,� . �����sments�insuraztce premiams and 8ro �
<br /> =-:; ,i��ion.either pmmptlY re�ta w Borrawer or cr nedited to8o�er o���'�'4nstallments of P�utOs. Ef�e amount ��>
<br /> .,,� n insaiance Preu�iums a�t��vnd rents �
<br /> . y� ; of the Funds.beld:f.q►L�der shari not be sufffde PeY ��n the de�deacY In o�e or more ��-
<br /> , as they fa1J;tb�F;L�armwer shall pay to I.euder aay amonnt aeoc�ssary F
<br /> � � ; ��, � �'�„„�_`
<br /> ents�,s�dct maY L'e�qAi�. ° 5`��
<br /> ,� ;,�'�,� `, .::;:. �Upon pagr�eitt in f�,a�,'�o�all snms s�ure4 DY tbls�of Trust,Lender shall pmmptty refaind to Borrawer anY � .,.�,�-
<br /> `'�:��L, � h 17 he�8 t�e Propert9 i�sold or the Yropert9 is othczwlse aoquired�Y __
<br /> . ..�t t;���f:; :-�•��;'� Fands held bq Lender. L6 uaaer pata�rrap �to the sate of Uze PcopertY or its acquisitIan Dy Lender,
<br /> ��r��{^�" .; � . ��.> I�er,I�er.'�r sl�ari app2Y+uo laaer t�ast immediatc=7 P . =-
<br /> . tari ttds Deed oi TausL
<br /> •,: `�".,.a,°� Fhnds�t ty Lender at tha ti��.�.aPPU��oa•as a credit ap,�inst the snms s�vred by --
<br /> , :�;���''�� �y Ur,�s aPPlicab2e taw pravi�othe�wlse.aII PaY�uenta reaeivea by Lender uader � �-:.__-
<br /> . •`����� �` ��� Lender�st in payment oYamounts payable w LenQer by �_-=.
<br /> ����� , :' ';� ;� the Note and paragraphs�aad 2 hereof sIlall be aPP�ffJ1 oY th�NoLa `—', :�
<br /> `;��,' . . ` h 2 hereoL�to inte�a$ayable oa Wa Note,�d tGen m t�e prludpal --
<br />_ . .. ,. Bom6wer under paragraP�Doeds oi�a�fi��. H0n°wer shall perform all oi Banower's obligations ��.
<br />-. �<`° 4, PrIosMo� �-._.
<br /> . .,, um�er anp u�nrtgag�.QeeA of trast or other secnrlry�utent wIth a tien whica bas priority over tl�Lg Deed of 1Yas1, -- _
<br /> '` � eats when diice. Borrower shalt pap or rause to be pai4 aU tffies.
<br /> . tactnding��'s oovenants to mak�e paym ' attein a ris�rI wes this .
<br /> , assessments and othe�s�atges.8nes and impositiaa�atttibuiab��ta the Yropectq�vhich may PI tY �, ,1 -.
<br /> ���{ty`; Deed of Trast,and t�ehol0 payments or gronnd!r�ts.if any. � �;
<br /> ,�"�': Boirower sha11 tseep p os IIereafter erected a�she PcopenY
<br /> 4 < . t�e im rovements naw exisr�S ect , .
<br /> ,�� .� : S. �IaSUtaaue� ' �
<br /> � insared ag�inst Iass by&e.liazards i n c l u Q e d w I t�n t h e t e r m'e s t e m d e 6 c a v e�a$�;and su�ottuer b�zards as Lcnder fc,.��
<br /> ' '� �jv�' @SLCIIQCf il''�"`'.�
<br /> c3's�. ].EIIdCr IOV�Q�
<br /> . -". � ��;�;§��. map teqnire en4!n sach amounts a��or such peslods �►Y�4� - �
<br /> ':�'��` '�� � � '1$e insurance��rrieR g�ovlding�inaurauae aLa11 ee c�asen by Bmrower subjectto ap�s�va1�Y P . �`::..
<br /> �� tJtat such agpmval shalb�,ot be imre�stabiy wltb�t4tt� A11 insuranae polide,s and renc.`a+aLs thereof sL�sU t�a ta a tarm ,
<br /> ':::.�,' ,
<br /> ,.:, , � � acoeptable tp Lender ar�9 abail iacdnQe a ataads��1 twrtgage claose in fawr of ana i�a fosm acceg�ah'te w LenAer. .,
<br /> . Lendec sbalL bave tfle ri�ht w hol�ttt�poticles aad rencwaLv tD.e�ceo&8�3e�t w tae terms of a�r a:aa��z�w QeeO oY :�.;:: .
<br /> ''`'I 1:,:;� trust oe at�¢secugiry agreemeat��se ifea v�bish has pr1�tL'i'�t-a3rer Ws Dee4 oi Trns1, � _
<br /> . ���`"� � In tt�e event of irsas..Boaacrsr s�all give ptompt notiee ta tte insuranae carrIer and Lendes. Len4er map maYe .
<br /> _ � � pmof oi loss if aot ma4�e PromPUY bY Baaawe�. .
<br /> ma� '
<br /> .. � '. 1f the Property is aLaadoaed Dy Bormwer.or i2 Borraarer fails to respo�0 ta LenQer arlthin 30 datj�ttom the date ;:i��' '
<br /> . _ . � • .: -- nott�is mailed by Lender w Borr tbe insnranae raceeds at LenQer'stopri naeishermw resto�on or recpair vf the .---
<br /> � � is ant�orized w oouect and aPPty �Deed of Tras�
<br /> � ptoperty or to tfle sums secured by '
<br /> ., '.�..
<br /> ,'��. . C UNIFORM S1IilJMENT Fa:m367,8
<br /> . '.. SEOOND MORI�OA(iEdBO�FNMA/F7�0.M pege 2 ot S '
<br /> .. , . �sy�,t�(so�ea�twt
<br />
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