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<br /> t1NI�oRM COVEN�M1'S. &►rniwer�nd Lerxkt cuveru�nt uxl agrce�s fi�ilows:
<br /> _ . :. °_,.,;;;.�.�r w���l rnd Id�t. ����,wr� �u a«m��y r�y when vue du priixipal aixl insrrnt --_...
<br />- ��detKCdness e�,idenced by tbe Note a�d I�te cturges�s ptcwidcd in the Ncxo.
<br />� aurcower slull My tu
<br /> ., 2.Ftiawl�for Taxe��nd I�uvance• Sut�ect tn appllc�hle I�w or a written wxiver b�r Lender.
<br />-' Lender on tbe d�y nx�nth�Y MY�rn3 at Fddcllul u�d interest!ur payab�e under the Note. until the Nae is ps�id in full, a
<br /> sum(t�ercin'Fauds')e9w1 t��nne•twelfth of tt�yeuly taars and�.crxssntents(including ou�xWn�Inium�ud plinnrd unit
<br /> �.� ik:velapntietu assessmsnts,if:ny)which n�ay attain pdocity ove�this[Jeed of Tcust. aM ground rents on the Property, if � _ -
<br /> -y �u►y,p t u s u n e-t w�eiflh af yaul y p r er�nium irottlltnrnts for hanrd inwrance.plus ane-twelfth of yr,uly preauum iuualln�ents
<br /> � far mo�tgage iasun�xx. if any,�11 is reuc�nit+ly es dnnt e d i n i d�l ly a rn l f m m a m e�o t i m e b y i.e n d e�o n t t�e b a s l�c r f
<br /> �
<br /> �sessatints u� blils suxi r�san�ble estiantts thereof. Born►wer r,hall ncx be obligated ta malce such psyi►ient�of Funds
<br /> � to Lender m the e�tent tlut Borrower m�lces svch�ynxnts ta t he h a l d er o f a p d a r m o r t g a 8 e or deed of uust if such der
<br /> � is�n i�titutIonal lender.
<br /> if Dottower ptys��ds to l.endo�. the Fuuds strall be held in an insdtadon tbe dep�s�its or �oco unts of wltich Rse
<br /> lmured or�+�xeed by a Federal or state agen�:y(inctvrll,u�11.ender if l.ender is such an iastitudonl• ac sarta d �anyd
<br /> .� tlte Fuads to psy s�id t�es.assasmeats.insu�xixe pr.�n�iv.r�a.rmd g�a�wid rents.Lender m�y ncu charge
<br /> ;� a,pplyiog rt�e�uids. u�Yr3ng said accaunt or verti:C�r.r� arr�E ro+�Ji.ng said acsesstuents u�d biUs,unless Lender payx
<br /> �orre�wer 6ewenest o�rJ�Fuuds�nd�pplicable l�ar�em.r�i,r.s Il.r:rac�;+r trs maake�de a ct�uge. &�rmwer u�d Leader may�g�
<br /> - i:�wria.q�at 16re dwie off e�eceudon of this Deecl vB'6QUSt thau emce[cs�u cHe e4eLe�dea sh�lG aot b�o cequired ro psy 8omower
<br /> - such a��eement is m�ade oc�pplicable law cequires�vch iw,erea4 to be paud. of tf�e Funds
<br /> � ury interest ar e�miu6s an the Fwrls. Lendcr sh�ll give to Horiuwer.witlxwia char�e.a�uc�al accoundn6
<br /> - stawiaB credits ur8 debits to tGe Funds and the pu�pose for which esch debi¢[cr�he �uvds w�s ro�de.The Fuuds an
<br /> = pledgod as�dditin�!saurity for tbe sun�s secuted by this Derd of Tcust. i�limeiets a�t�und's pal►able ptbr ro
<br /> - If tt�e�a�ouat af tl�e Funds t�eld by l.eudrr.together with tLe funue mc►ntt►ly
<br /> - tho due dates of au�es. �sessmerns.insucaaY prcwiww.�i�rovnd rats.rhZl!tacee� �he amoun iequier.�i to pny said �
<br /> -- axes.asse�meds. iasurance premium�rs sad ground ren[s u they fall dae. such eacess skaUD be.�t �araunvrer's opdcin.
<br /> eittrer promptlY ttpsid to Borcower or crrdited to&�rrawer o0 ozsntWy ipsqillmeats of Fua�.. If�rtlhc��q of the Furds
<br /> luld by Lender sbsll not be �icieut to pay t�w�,a.�essments,iasucance Pnmiu�u�d�rrauzoa9 n�oa:,a�:efiey Fall due. �
<br /> 6ornnwer alull p�y to Ixnder�uy tmoant axe.�q�t�twke up the deficiencg iA one or mun�xxYme�sts s�I.enckr may
<br /> roquire. refund ro Horrower iny Fuad4
<br /> uP�MY��iu iWl of�l!su�socund by this Deod aE"Trt��,Leader s6iU pcomP�Y
<br /> held by Lenaer.If andet paus8�i7 bccwi it�c Fir,�.'`nY 3� '�.»"'"�='slse Pn.��tY�c otherwfse�c4uital by Lender. Lender ,
<br /> sluU�pP1Y•no luer a�,�rn imroediuely prior w tb,e�le of tbe PropertY or ins acquisidon by Leuder. anY Fwids �eW by
<br /> Lendec at the time of�pr,�acation as a crodit agai�at,�e sium secund by this II��Ye of Trust. �ival by Lr%:�der undtr the �
<br /> 3.Applidtioo o�Pay�s. Unless app�Aa��1��11_law provides otheiw3se.aU PiY�
<br /> _ , �fote xe�p+►�'�S�hs I �nd 2 her��.a,!1 be a�q+lae�t E�y Lender first in psY�of anau�s lpan.y�hie ro Ixud�r by Hotrawtr �'�'(—
<br /> = under p�'aig�ap�►2 heroof.thea t�inre:y at psYable mm,the Note.aod then w the principsl.o�"�'tl¢Borr�wt:'s obliptioas `'_._
<br /> — 4. Prior Ma'tP�s a�Deed�ot'�ru�ti ����3�• Borrower stnU perBo
<br /> noder uty m�B��deod of uust or other socurlty �groeme�u wlttt a lien whtch Lis priority aver ttii,iD�ed of Tn�st. � :
<br /> i�luiliin$8ar�uwer's covenars w m�lcc Qaymeuts wheo due.Bomower shall P�Y
<br /> or cause to be paid aU tues.�ents •�•.
<br /> �►�d othzr cha�rBes• 8nes aad imposidoas uulbuqible to the P4m+p�3Y which may stpia x priority over thIs Lad otTt.�t.
<br /> ud k�sebold p9�s or grouud rents.if any.
<br /> S. Nwrd I�sia'Rnoe• gomowec sh�U kaP tbe imProvements row e3c�sting or 6ecrafter et�xted on tbe P►optrty ,
<br /> insured agda�t loss b��"ire. hv�rds tncluded wlshin d�e term'eateMod cov�r:asa'.u�d svch aher baurds ss Le�r mry
<br /> cequire aad ia suc6�ud fot such periods as Lender msy ro4uire.
<br /> The iativr�ace aucrler Pmvidiqgc'�ne iasorance stnU be chosen by Bormw�er svbjece ro appr�w�l by 9un*]er:Pmvided.
<br /> tbat��a Appmval sh�U not be �r,.,�ynmbly witW�eW. AU 'uuv�ance polictes and ranCVals theteof r,4W1 be in t fwm
<br /> � � �ocepta�.ile to Lender and stWl inct�risJe a snndatd mong�age clauae in favor of�nd in a fo�m acceptible ae��Lender. Leader
<br /> shall hsve the rig6t ta hold the policies and rrne►vals Uiereof.subjea m tLe temg of my m�tgage,ai��C:��f tcust a otber
<br />- � securit�►��wwsh a I�en wt�icb h�s pdority over this Dxd of Tn�st.
<br />,r� . • A��fht event of loss.Bom�wer stnil glve proropt notice to tLe ia�raooe c�rrier and Lender.Leakr may make proof
<br /> of{ot�ai3 aflt�e promExly by Horrower.
<br /> 1�tt�e Prop�ctY'�s abandoned by Borrnwcr.or if Borrow�t;r fails to c�spond to Lender within 3�0 drys fmm the �ute
<br /> aodce is ro�iled by��der to Bocrower thzt nC�s uTSU�ance canier offers to settk a claim for iasutmce bru2fits. Leacf�r Is
<br /> wthocizod to oollect�nd apP�Y tbe inwrance�B�:x:ee�s at Lender's option eiafiar to aswntioa or npair a�alhe PnopertY o� ,
<br /> to�he su�r�curod bY this Deed of Tn�. CondanWums: Planned IJnit D�dop�As• •
<br /> 6. Prcoenation aud Ma�.'e'�R P�paty3 ��� � '�
<br /> g�oK�er shall keep tho Pcaperey u�:g+.�od Qw���nR asd sLall aot oommit wute or pecmit impairment or deteriontia af tbe
<br /> �������m�lY wi�h the provisio�r u��amy lase if tWs Deed Qf Ti ntst is on a le�tseh�ld.If tLis Dad of Trust is
<br /> -- u�m a�t iu a wndominium or a plan�d u�ut de��+elopment.Bocrower st�lE�Qfotm�Il of Borrower's obligadoas u�der d�e
<br /> de�➢auu�on or covenants cn�diqg o�goveraing the condominium or pl�o�cl untt develoQm�ed,the by-l�ws wd re8�a�a�s
<br /> of¢6e sondoininium or pLnnaD uoia dcvelopment.and ca�careot docum�e�s. nts conttiad um�id�i»
<br />— 7. W�ateetion ot I�axkr's Secirjtr. If Ba�rowcr t�eCs oo perfurm tl�e mveo�nts md�8�an�
<br /> — Dad of Tnut.or if sny acdon a procoe�ias�anmenoed which��LY�a�Leoder's imteast in the Pm�xtry.cben
<br /> r..�,a�r_ u i,e�er's oDtion, upun oa� c� I�mwer. miy m�ice � appearmces. disbuise �s su�. ix�udin8
<br /> _ .__..�,.__�- �c t.�.n�nui�d anrtn�e
<br /> Y—° ��0 itl0�f1C}�S' �IDGS. 7��'SI1C11�C11011 AS 1S 11CCCS�ry��P«�'� a�ci�w.s o..�.........� ------ -� —
<br /> � i�x as �mafit�on af a�king the laan securod by this Dood of Ti e�a.Botcow�shall piy tbe p�emiva�s roqvcred t�o
<br /> :�'� a�nt�in s�ch i�ranc.e in etYt�x un�l such 8roe�s the requ�Km�c Qnr siu:7k imvra�e tecmirotes tn aocon�e wuh
<br />-� poROV�er's and Louder's writteu igroemcnt or applicable l�w.
<br />-j� My�aoau�ts disbutsod by Leider putsuuu w tbis ptra��ph 9�vrftit ivtecest thozeon.u t6e Note rate.shall becnme
<br />:�� �cLtit�om�indebtedness of Bormw�er secured by this Dad of T�uu. Udess Bocrower md Leoder a8ree theceoft Nothin8
<br />- ��aynyent. svch a�aounts sh�ll be pa�yable upon nodce from Lender to Bormwer requesdn8 PiY�
<br />-�''�+�� wiuniml in this puagn�ph 1 s1Wi require Lender to incur any eapease ar take any�ctioa hemuxkr•
<br />_�;�;,;S �. L�pectioa. Lender miy ro�ice or cause to be made reasowble entries upon a�l iaspadons af the Pro�percY.
<br />=�.�-►� p�m,ided that l.e�x{er st�ll�ivc Borrower ootice Prior to any sucb incpcction spocifytng rca�onibk cause therefor celated to
<br />-Y°� 1..eader's intecest in the Prope*h'•
<br /> .V::�=_
<br /> Neenst.2eaTej ���a OriQinai fRaaorQ�d1 CopY(asanch) CopYlCisstio��s)
<br /> P��e 2 ot s
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