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<br /> ttached hereto and executed oi e�en dute fs Incarpnrated hcrclri±�c covcnan� and � ` M;
<br /> Any rider ("Rlder"1 a ��'r,'?�-
<br /> ' ugrcements of the Ridar shull amend und supplement tho covcnan�g and agrcements oP this [ked af Trust, as If . ,'y,-
<br /> thc Rider were u part hereof. � "�'.'�-
<br /> „ �� gorrower covennnts ihat Bonower is lawfully seizedeo�f h�g���f r encumbrancesdof�rc ord.�Barrower clovc aan s ch t '�:�.�j
<br /> � the Property, and that the Properry is unencumber , p
<br /> • �`'r�` gorrower wanants and will defend generaliy the title to the Property against all claims and Jemands, subject to `^„"-
<br /> . � � encumbr:uices af record. v;
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<br />� UNIFORM COVENAN'I'S. BoiYOwer and L.ender covenant and agree as follows: _--
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<br /> � � � P p y p when due the rincipai and interest indcbcedness ___
<br /> >�: 1, Payment of PrinctPal and Interest. Bonower shall rom tl ay P
<br /> �` evidenced by the Note and late charges as provided in the Note. This Deed of Trust secures payment of said Note
<br /> " 3'• arcording to its terms,which are incorporated herein by reference. _`_
<br /> . 2. AppBcation ot PaymentR. Unless applicable 1 nderr fir t to interest due on the Notee se �bto the Pnn Pal due ,_
<br /> . �: Note and parngraPh 1 hcreof shall bc applied by Le
<br /> on the Note,nnd then to late charges due on the Note.
<br /> 3, Pr[or Mortgages and 1)eeds of Trust; Charges; �.lens• Borrower shall pedorm all of Borrower's obligations.
<br /> under any mortS�Be. d�of uust or other security agreement with a lien which has p oorit�u eei thbe pa d all taxes, �-.
<br /> y including Borrower's covenants to make payments when due. Banower shall pay
<br />- � ,: assessments and o►her chasges, fincs and impositions attributable to the Propercy which may attain a prioriry over this
<br /> Deed of Trust, and leasehold payments or ground rents, if any.
<br /> 4, flezard Insurance. Borrower shall keep the improvements now eaisting or hereafter erected on the Property _
<br /> insured against loss by fire,hazards included within the term "extended coverage", and such other hazards as 1-ender
<br /> � "��•�'• � mav require and in such amounts and for such periods as I.ender may require.
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<br /> y`'-��- �' � The insurance carrier providing the insurance shall be chosen by Bonower subject to approval by Lender; providcd,
<br /> 'r ' ' that such approval shall not be unreasonably withheld. All insurance policies and renew�ls thereof shall be in a form
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<br />�±;�t;�j�� , acceptable to L.ender and shall include a standard mortgage clause in favor of and in a form acceptable to Lender.
<br />==•�•.��='{'�� I.ender shall have the dght to hold the policies and renewals thereof,subject co the terms of any morcgage,deed of trust
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<br /> �,—,;;•. � or othcr security agrccment with a lien which has priority over this Deed o rust.
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<br /> _�:s� In the event of loss.Borrower shall give prompt notice to the insurance carrier and I.ender. Lender may make proo
<br />� --.>>r of loss if not made promptly by Bonower.
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<br /> -�=,����� I f t he P rope r ry i s a b a n d o n e d b y B o r r ower,or if Bonower faile to respond to Lender within 30 days from the ate nouca
<br /> ' is mailed by Lender to Bonower that the insurance carrier offars to sett le a c l a ira fo r I n s u r a n c e b e n e f i t s, L e n d e r is
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<br /> ��j au t hori z e d ro collec�and apply the insurance proceeds at L.ender's option eithar to restoration or repair of the rop�srty
<br /> �� or to the sums sxured bY this Deed ot Trust.
<br /> i- �i g, preservallon and MAlntennn ce�of rI�rop��Y'sh�lnoh co�mmC wasomor�Percnit�mpa rment or d teriora�ti n of
<br />��'���� Borrawer shall keep che Property B P
<br /> the Property and shall wmply with the provisions of any lease if this Deed of Trust is on a leasehold. If this Deed af
<br />;�.,;.---- Trust is on a unit in a condominium or a plannal unit development,Bonower shall perform all of Boaower's obligacions
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<br /> under the declazation or wvenants creating or goveming the condominium or planned unit development,the by-aws
<br />=-���v°-=' and regulations of che condominium or planned unit development,and constituent documents.
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<br /> '�""'"' 6. Protectton of Lender's Sec�rity. if Bonower fails to perform che covenants and agreements contained in this D
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<br />_ � :_� �. ; of Trust,or if any action or proceecling is comn►enced which materially affects Lender's interest in tho Property. en
<br />--- Lender. at Lender's option, uP��e su h actions as is necessary to pro ectpLen eres in c st�e guch sums, including
<br /> • y + r e a s o n a b l e a t t o m e y s' f e e s, an d t
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<br /> -� > pny amounts disbursed by I.ender pursuant to this paragraph 6, �vith interest thereon. at the Note rate, shall become
<br /> • . � additional indebte�QUnt h all be payab e up n notiee om L�:nder o Bonower r quest ng paymam thctreof�Nothing
<br /> "' ` of payment, such
<br /> � �^ contained in t�is parugraph 6 shall require L.ender to incur any cxpense or cake any action hcreund¢r. -
<br /> j �, I���o�, Lender may make or cause to b e m a do r e u s o n n b l e entries u pon and inspections of the Propen}•, _
<br /> = "'�Y �_�� 1 vrovided that Lender shall give Bo�ower notice prior to any such inspeccion specifyin�reosonnble cause therefor related �
<br /> � � � to L.ender's interest in the Properry.
<br /> , S. Condemnation. The procceds of any rt azor Tart thereof�or for c n�veyancc in licu of cundemnat on,�are hemby
<br /> condemnation or other takinb of che Prope y. p
<br /> . assigned and shall be paid to Lender subject ro the ternis of any mortgage,deed of trust or other security agr�ement with
<br /> � a lien whicii has priority over this Deed of Trust.
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