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<br /> - �V1Y3 it�LIVY04 IKI.LVO i LVia(1 ava������ �7/Vi/177 i g�- .""s._^��:--_�.
<br /> ' UNIFORM COVBNANT9. Borrower a�c!knder covewwt and a�ree ts foUows: �7° s ��r�''.;��:-�a---
<br /> . 1. PYy�neat ot Prtncipal �nd Inta�t. Horrower ataU promPtlY PYY when due the princIpR1 and intcnst t �°�:.."��=�=-=..
<br /> indebtedness rvIdenced by tLe Nate nnd late cUargcs a�pmvided in the Nota � �•`.'a.�"�;�
<br /> 2.Ftiu�ds for Tiucee and Imurrnca. SubJect to applIcable law or a written waiver by I.ender,Barrowar sbAll pay to .,.�y;r,Y;_,
<br /> Lender on the dxy monthly psyments of princtpal and interest are payablc uader the Nate.until the Nou is pud ia full,a �:-. �
<br /> � sum(hereIn 'Funds")equal to one-twali4h of t4e ywrly taxes aad assessments(including condomintum and pLnned unit �;��;-
<br /> .r.,�...
<br /> development�ssessments, if auy)which mAy at�in priarity over this Deed of Ttust,and grouad rents on the Property.if ��`�`��`�:
<br /> anY.Plus one-twelRh of yearly premium instaUments for hezard insur�nco�Plua one-twelRh of yearly premium instWmenta . ';.�`.��-
<br /> . .'--�_
<br /> for mortgage insvrar�cc, if any,all es reaso�bly cstimatcd initia.Uy and from dme to dme by Lender on the basIs of ���"�`�H"="`
<br /> _.:.�_
<br /> assessments aad bWs and reasoaable estimates thereof. Borrower sl�ll not be obligatod to wake such pAytneais of Punds ��•��_;.,ti�.-°-
<br /> .�� --
<br /> ,,,.,.�� to Le�er to the exunt that Borrower m�lces suc6 pAyments to the holder of a prlor martgage or deat of tsust if such holder �.�,.�- __
<br /> � is an insdtudonal lender. ���-�=----..--
<br /> If Borrower pxys Funds to Lcndct. the ruaus s�ali be aeid in an inaidcudun cne dapasiut or uc:wuuia ua w;,ibu �� __-,,�_--
<br /> insund or guarantad by A Fedenl or saue agency(includtng Lender if Lender is such aa insdwdon). Lendar s1�11 apply ' ;'��-�.:.
<br /> tbe Funds to y said taxes.asseasmeata.insunace pc+emiwms and und rents. Lender ma not r.har e for so hol and ,'�"'`—�
<br /> Pa S�'o Y 8 � 4:,a=..._--
<br /> .. ;,; applying the F�nds. analyzin8 said account or vedf�iug and compiling said asseasmeats and billn, unless Lender pays =-
<br /> Batmrvar interest oa the Fw�ds and applicable hw permits Lender to make such a charge.Borrower aad L�eador may agree ��
<br /> �'� in wridng At the time of eaecudon of th1.e Deed of Tivst that interest on the Ftiwds shnll be p�id W Bo�rower. and unless =_- ----
<br /> .:_.�t� ' sueh A�eemeat Is made or apPlicable law requlres such intcrest to be paid. Ixader ahal!not be requlc+ed to pay Borrower ==_-
<br /> • �''�''� any lntorast or eunings on the Funds. Lender shall give w Borrower. wlthout charge,aa an�wnl accnunting of the fi�nds �;�—
<br /> .----
<br /> �,'';.,.`;,;,��� showing cndits aud debits to the Funds and tde purgose for which each debic to the�nde was made. '�►e Funds ue =----
<br /> -.. pledged as addidonal security for the sums secun�by this Deed of Ttust. ��—
<br /> .. .. , �.. �:�
<br /> • • { If the amount of the Funds held by Lender. together with the futun mowhly installments of Funds payable prlor to ���_:-
<br /> ,�:7.r.•.,���': the due dates of taxes, Assessments.insurance premiume and ground rents. sbell exceed the amount required to 1�sY sald �
<br /> ' ,�'��-.i�:',-i 'i
<br /> taxes. essessments, lns'urance Preminms aud ground nnts �s they faU due, such exeess shall be. at Borrower's optimn, �;
<br /> ,,t, "� �Y.
<br /> ';,:•.;.� either prnmpdy npaid to Bom�wer or credited to Bormwer on motuWy insqllmema of Funds. If the amrnwt of the Fuods _
<br /> � . , held by Lender sball not be sufHcient u►pay taaes, assessnoents. insivance premiums and gcound rents as they fall due. �:,_-
<br /> Borrower shall pay to Lender any amount neassary w malce up ths deSciency in one or mon payments as Lender au►y !
<br /> • , require.
<br /> .�"��� .�, Upon payment in foll of allsums secureclby this Dad of Tmst.I.ender s6a11 promptly refuad W Bomawer�ny Fw�ds `
<br /> � '�:"-"��"�� held by Lender.If under psur�grlph 17 hereof t4e Property is sold or the Property is othervvIse acquircd by Lender, Lender
<br /> :.:.r.�'.; .,..
<br /> .�; st�all apply, no latcr thna immedtauly prtor to the sale of the Property or its acquisidon by Le�1er, any Fu�ods lield by
<br />��----;;:•',,_5;_;v=: L2Bi�t at ittG L'IISC�f�pl��:tE�II 3��Cr�!!t�a�tltt�as°:xt�td by lI2�.°.DCt(I 4f TZlL�i. _
<br />- � 3.AppUaWon o[Paym�nte. Unl�ss applicable law provtdes othenvjse,all payments meived by Lender uackr thc
<br /> , Note aud pnragraphei 1 and 2 henof stwll 6e appl�ed by Lender Srst In payment of amounts payable to Lender by Borrower _
<br /> under pan�raph Z hereoF,then to intcnst payable on the Note.and thea to the prindp�l af the Note.
<br /> - 4. YMor Mortp�er �nd Deed�oi Tn�h Ct�e�; Leo�. Hacrower s1�all perform all of Borrower's obligulons
<br /> : - undBr eay mortg�ga� deed of avst or other security agreement with A lien which has prIorlty over this Deed of Tivst,
<br /> �. r.. includin�Bocrower's covenants w mnke payrnonts when due.Borrowar shall pay or cause w be paid all au�a,���..�^�^�°
<br />�.,..,� aad other ebugea. fines and impostdons attributable w the Praperty which may att�in s prlority over this Doed o�Trust,
<br /> � ' .,....� nad le�sehold piyments or gn�und nnts.if aay.
<br /> f-r:�'�..,.. " S. Haard Innaance. Bamwer shW keep the impmvemenis now exisdng or henafter encted on the Pmperty
<br />�`�'''��,`^�;1 insured a�inst loss by f¢+e.hsu�rds includod wittiin�Le tcrm"eatended coverxge".and such other hazuds w Leoder miy
<br /> ��:;::�� �
<br />-i-:="�.;� m�uire aad ia such amounte utd for such periods as Lender may crquire. =`--
<br />���?����� The insviance carcier pmvid[n�the ins-unnce shall be chosen by Hornower subject to appraval by Lendc,�;g:zsvt�.
<br /> '�����-_:.�` ' tbat such appmv�l stWl not be unreasombly withheld. All insurxnce polides ud renewals theroof shall be in s foam
<br />"J°.'ti..'':k
<br />-,.:__, ... ,._ accep�ble w Lender uid sl�ll I�lude a standud mortgage clause in favor of�nd in a form accepable w Lender. LGndei
<br />�.a._,,.,�;��,•; •
<br /> shaU luve the rlght w hold the policies nnd reoewals thereof,subject to the tem�a of any mortga�e,dad ot tcust or otlur
<br />,Y��;�,� sec�uIty�reement with a lien which hAS pdo�ry over this Dood of Tmst.
<br /> y''�,�,,.,y In tLe event of loss, Borrower shaU give pcompt nodce to the in.s�rance cacrIer and Lender. Lender may a�loe proof
<br /> _�,�,_�,�� of loss if not m�de pmmptly by Bornowet.
<br />�_.ri..��x.� If the property is tbsndoatd by Borrower, or if Borrower faiLs to respond to I.a�er wIthia 30 daye from the due
<br /> -__�;...�. ,,.. nodee ia mailed by Lender w Borrower that the intivrance earcier offers to settle a cl�im for iasurmce benefits.Lender is
<br />�� '`��:':'`s suthorized to collect xnd ttpply the iasvrance procads at Lender's opdon eithor to resWr�don or repair of the Pmperty or
<br />�' �-. �-,:..
<br />_ „ ;:�., . to the a►mg secuted by this Deed of Trust. _.
<br /> `°�� . 6. Pe+e�ee^ntioa �nd Milntaunoe o!Proparty; I,c�seholdet Condaimiduimsi Pfanned Uaft Derdoptnmts. -
<br />= �. ' Borrower sh�ll keep t6e Pmperty in good rep�(r and st�11 aot commit waste or peimit impairmeat or deterloradon of the jF-._
<br /> y prop�rtq Rnd stWl comply wlth th�provisions of any lease if this Deed of Tn�st is on a le�sehold.If this]ked of Ttust is " __
<br />" on a unit in a wndominiunoi or x plaantd unit development.Bomower sball perForm all of Borrower's obligadons under the .-,-
<br /> declaration or covenants cre�ting or gov�rning the condominium or planued u�t development,the by-laws uid ngulstions '•;';`T.hs,:�
<br /> of the condominium or plan�d unit developaxnt.and coasdtueat documents. �:r�;�;}yu��:.---
<br />- T. P'rotedbn of Lender'a Security. If Borrower fails to perform the covenants and agreements contsdned ia ttds � `��;';:::-
<br /> LTSll`^•_•.-
<br /> Deed of Trust.or if any acdon or pmcading is commenced which materially affects I.ender's inierest in the Property�thea _-'�:_=�-
<br /> I.ender. at Lender's opdon. npon nodce to Bomower. may m�lce such appeatances. disburse such awns� including }�''�'�
<br /> ' rwsoaable stttorneys' fees. ud tAke such acdon as is necessary w pmuct I.cnder's interest. If I.ender rtquic+ed mort��e , .w''",`��
<br /> �nsuraese as a couciidon of making the loAn sxured by this Deed of Tmst, Borrower shall pay the prtmitwLS required ro '�'��
<br /> _ - -_ - - _ .. _ . . . . . . _ -- --
<br /> maiatain sueh iasurance in ernct unai sucn ums as me iequuemenc ror sucn �uiance cerminsus in �co:wnce wiou --
<br /> Borrower's and Lenckr's writtenagreement ar4pplicstble law.
<br /> Aay pmounts disbursed by Lender purswnt to this pazagrlph 7, wlth inurest thereoa,at the Note rau,s�ll txcome
<br /> , addidos�l indebtedness of Borrowet secured by this Deed of Trust. Unlass Bomnwer and Ix�er Agra to otLa terms of
<br /> _ l pAyment. stu�t �mounts slull be ptyable upon noda from Le�er to Boirower requess�ng Paymeat thaeof. Nothing •
<br /> � eontai�aed in this paragraph 7 sball rcquire I.eader ro incur any expense or take aay acdoa hereunder.
<br /> 8. Impatton. Lender miy m�ka or c�use to be m�de rwsonable enuies upon awd inspecdons of the Properry, '
<br /> provided that Lender shill gtve Borrower notIa prior to any such inspocdon spxifying reasonable cause therefor rel�tod to
<br /> Lender's intenst in the Pcoperry.
<br /> NeDnita 26s76-3 7197 OriQinai(R�aard�dl Copy(Bssach) Copy(Cu�toa��r) Paae 2 ot3 !
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