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<br />    � � ,,t,     •-�    DAVS L I,�DSQ    Atfi[ L LE1Nti      		��~ ��1���5      	102137   	09/14/1998  		.. 	..
<br />     .       •.   .�     	.  UNIFORM COVENA(�PCS. 6oaower aad I�nder cavenant a�i agsee as follOVU�     						^    -:' :,��,  :,
<br />     	�  	�  	i. P�ymea3 oY Ptiacfpal aad iniee�.  Boimwer s[�aU PmmPth+ PaY when dae the principat a�l intecest			,   �� `
<br />- �      .'    		in�Dteda�s evid�ed by the Note aad late cha�as p:avided in the Nate.								'       .    .
<br />   � -    •    .,��_� 		a.�far Tases and Imw'anae. Subject to applIcable!aw or a wtiuea waitrer by Ixuder.8armwer s6a�I Qay to    		..     �  _.
<br /> . .       .     ��-;   	ixnQ�s on tbe day monttilY PaYu�of p�pal and inte�est aze paya�Ie iwder the Note.until the Note is paid in fiil1.a      		_      �4
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<br /> 	�  .  		sum thecein�Funds�)equal to.one-twelRh of dce yeazly tases and asse�ments(inciudiqg condominium at�ptanned imit
<br /> `  •.•'       		devdopm�t�nts.if aay)wfucb ma�amain Paotity aver dus Deed of Tnut.aiW gcound censs on che�+ape�cy.if
<br /> .  	�  ''":'�   	any�pIas one-twelfth of yearly prem�aan�taIt�for Bamrd ia�uance.plus oae-twelRh of yeariy premium ia�atlmrnts   		-  .     -.
<br />_  . .   �.       •�    	for muitgage imittance. if ar►y. all as�ieasnrrably est�ated anitiaUY an�fmm time w rime by Le�der on the basis of       	•,.:  	.
<br />	...     =      	a�nts aad 6ilis aad reasoaable estimates thereof. Bomnwer shall ant 6e obligazed to ma�e sud�payments of Fuads 		- .--_
<br />      '_�'—"�`:;�   	�t�tQ s��*t�L�t 3nnct����p3q�!!t-s t{+thr hatder of a gtior�rtgage ar deed af tcau if�ec#tt�Iiiet     	.   -�:•-    _ -
<br />:     .       . .••  �   	is an i�itouonal leudes       				,   									•_;;.k.;,.:.
<br />      ..  	:,�		if Bormwer pays Fwn�s m E.euds�.the Funds shall 6e heid in an iasdamon t6e�depusits or accowus of wUicti ate
<br /> -      	_.r    	insute�or gua:auteed by a Fede�al ur state ageusyr('inci�iug Lender if Lender is sush aa insndrtian).I.�uder shaU apply  			.   ��:
<br />     . �			ttte Etmds to pay said taacs.ass�.iASU�premiums aad gmund nnts. Lender may not charge for s�o holding and      		�'   ���;.
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<br />   .   			apPlqit►8 the Ftmds,anatyring said aoconnt ar verifgin8 aad wmP�inS said�ancl b�7Ls. im2ess Iender pays 		":.=�,"`.' -� ., '
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<br />   �      	i    	Bdnawer intemst on the Fands and aggUcable law pe�mits I.ender w�ke suc8 a chatge.Bazmwer aad Lender may ag�ee      	�`..�'<<�,;::''.`..: ''`'_.;
<br /> -      "       		u►vaiw�g at t�e time of�tion of tt�s Deod of Trast tlzat int�e.st on the Fim�s st�all be paid ta Bamavrer,and m�less  			„r:N.
<br />     .	` r' '    	such a�nt is made or applicabk law teqoites s�tch interest m be paid,L�uder shaU noi be requi�t m pay Borrower   			��-
<br />  		.   											II
<br />  		r    	any.3nsemst or eamings on t6e Bands. I�nder shall give w Bomower.withont cbazge.an aimual aa�ng of the Fvnds		,       �` `=.
<br />       	,.'",�    	�hawfq8 credrts affi debits tb tire Fuuds au�the putpose fot whicb each debit w ttte`�-c�tds w�s:r�ade.T6e Fu�s ate 			}  �
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<br />  		°      .     pled�C!as additional security fot the svms seaued iry this l?eec�v�'fs�t,.:      .   :     ` , . ..�.,;..,     				'•.
<br />       ,	�. {   :  .   	ff che�t,cf the Funds held�lry Ieader.ta$ethQr widt���.�a�ontbly  ,���s P��Pn�m      	•},`;  :-
<br />      	' . �    	ttie ch�dates a�'t��.�.imuraace�a���ts�.st611 enc�H��s�r s�l��PaY��    		'.  ��_
<br />     .   	_     	�;���.insurat[ce p�miums and gmaud rt�:��t�y iail cine.sat8 ex�.�aU�be:��Prm'uver's ap�on.       		--    -
<br />       			�r�m�P�Y�Pai�Lo Bo![owei oT Ciedited W Boiio�c¢m mttlltbly inctaitme±�ec OF�S: If ihe�1[tOIIM Of dle FuIIds
<br />       			tt�6y9 Lendec sbaU nnt 6e suScient m pay taxes.�s.insutagce P�rninms and gcound c�ats as they faU due.   		-�F__
<br />     	' ��:,',    	B�itoaret sba11 pay w Iender any amount uec�ary w�ia3ce ap the'de�i�:acy in oae or moce�mr�fs as Leader may 		� � ;:�:_°.
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<br />  			�	� Upnn payment in fall af all�amc secu�ed by dus Deed of Tnut.lxndet sbari Pmmptlp cefaQd t�,�ormwer anq Funds    		.
<br />      '   .      �     	.heid by Leude�If ander pa�17 heteof the Property is soid or the Pto�erty is Qst�;se ac�}uiced by Ixnder.Leadec       � 	���`���_
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<br />			.     `st�aII applq.�L�ter d�an ir�e, ,�t� Y p�iar to the sale of the Pmperty or its acqa�air��g I�ex.azsy'Funds�etd by  .      	`  	—
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<br />			,::     Leader at the ti���rQlirdtiau aca sredii�iast the sams secured by t6rr 1Dte�af T�u.a�:.'    	:    .      		,: 	,
<br /> ,     -      		.       3.Appit��F Pgynt�ts. Unless�lica62e Iaw pmvtdes oth��a1��r�.�il,it��.�,ecd�t anc�er t�e: ,:   		_
<br /> 1       	• ° �  `       Notc.and gatagr�l a�2 heceof shall be applied by Ltader firss ia p�ya�t of���&�er by,$nascwet 		•
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<br />       			��ograPb 2 Leteof.thea to i�erest�ayab2e on tt�Pta�,�nd then to the p�inci��;��Na�: 		,.    		,    • ,
<br />       ��.�r�{��t�  }'::       .   � ,    4�:��Eor 11�ottgagcs an�'flH�eds of Trt�it C,�uBe��s•Bot�t staall ged^c�aU bf�'s a'rJ,��atioffi  		�+2�i�H�.a.—
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<br /> -    .�--=--r:--		nn�u a�mortgage. deed of,ansc or other s�udty agreemeat with a tiea afiich has p�dortty ow�:�Deed of Tcust.   		;r�f,,.-�
<br /> :  . .      		.  inclnding Bomuwer's aave�ants to make payments when due.Borrovuer s�hall pay or c�use to be pai��aaxes.assesss�
<br /> `   .     �  . 		aud oiher chaiges.fines au�imp�siuons attn'Imtable to th�Property afiicL may attain a prtortty aver�is Deed of Triut. 		�     _
<br />       ,;.,,      ,�''    	an�lea�hold payments or ground�ents.if atry.							.    				r"       =_
<br />	�r�;,�,�.    '`�� 		S.Hepard [a�n�ano� Bozmwer s6ai1 keep the improveu�eaes now exicting or tre�eafcer erected on the Pmperty			'�'i.—.
<br /> _   �     .     		imur�d against tas tiy fire.hara:+ds inctndsd aritLin the term'exteuded ooverage'.a�sacb other h�zards as Leader aray   		_ _   .-
<br />       	�. :     ,  �      t�eqnire and in sucb aatonaJs AnA for sasL pe�iads as Lender raay t�uire.								�_�,�.-
<br />       ����� 			'it►e ia�uance carrier pruviding dze im-urance sbaU be chflsen by Hu�e,r subjea co approvat by Lender.pruvided,			.
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<br />       ;��,r,r ,  .		t0�t sacL appmval sbaU not Ue anr�easo�abl} withhetQ. All i�manoe poSicies an�zenewals�ec�eof s�ail be in�.fotm� 		,��  -
<br />      ';�>`r��� ` � �    :      �t c�a�t a 6ie to LeadeT an�attail�instude a stanaard mortga��zuse ia favor of and in a fotm acceptable to 1 eusl�,., �fler�       		�"-
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<br />  ,  ��;.,:���4•:.  � :�.�: .�;�.   .  -'���ave the right to hoid the poltcies and Yenewals t h e r b-;�f.sabject to tt�e te�ms of any a�stgage.d e e d o f mrs't b i�t h e r  		.�"';+4°�"�'
<br />       '		'�      sea��ity agreement wi t L a l ien w l il c h 6 a s priarityi over t h i s D e e d of Tnut.					�    			����''  �;-�
<br />       � 	�  �   � ,    	�n ti�ee evettt of Ioss.Sor[ower shall give pmmpt notice to the iasutance carrtec and Lender.l.ender may make pioof     		,   �"�°':.
<br />       .`';��`    		af�c�if aot made pmmptly @�i'ir'1.arrovuer.   												.:.
<br />       �       `� .      	•  +�r the Property.is abau�r�by Bosrower.or if 8a;"!awer fa7s w respond w I.ender witbin 30 days from the date   		S,�Fh 4..    -
<br />   	.    		nofiee is mailed hy I.ender w$orrower d�r�x ins�rance cazrier offeis w seWe a ctaim for lnsata�►�e 6eaefits.Leader is		�s r 47 Y
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<br />	�  :    		suthorized to aai7�aasl apply the iasuraas��moeeds at Leuder's�tiir��ther m�+�swraaon or r�sair of thr Pmpeny or   		'       �
<br />      ���       		to t6e s�s sea�me3�Psy ihls Deed of Tcrut:   			.       			�      				,  ,       . ,
<br />      t.k f,     ....��  		F. Pr�ys,tt9Te� and n�►Ar.n�...,_o oY P�o�sy:1�a1��Cun►fiuminlwms: Planned Unu Devdo��ts.				:.
<br />     a�``�.�.. �.   '"     	Bc���es st�tt��th�Ptap�y in good repair sud sttatU�;��`�nfx�e or perm,�smpaiimen�or detedorattan of th$      .       	,      ' '
<br />  ,s'' �� .    		13�p�rj aaS�w?�ply�cke provtsions of airy Yea�r�.��s�3aa��f#?'nu�is«m a��sehotd.lf tLis Deod c�'c'�imt is    		•
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<br />   �;,;.�;��,; .   		am a uait ia�a3m��m3niu�ur�p1a�d�d�velap�s:�CCa��1�vrm ai�vf Borrnwer•s obligarinas�r ehe   .  .      	.    -
<br />      `,Yr.�s;�.    		de�laradnn or crs�.�ts crest4u�or govec�cpe cou4om.�u�n ar ptams�aS a�i�development.the h�-taws a�regnlasioas�       =,..    � ,	.
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<br />      �  `r      � ,. !'   	a�f�:coada�i�.u�a�vr pfatm�€�sait devetop�u.end�.'°�i dOCa�'�.".      					,
<br />     ;�`�''� `��   �    		�.�aie�.*e ot Le�`�Sean�dty.If Borroc�er fa�ro perfom�:�ie o�vena�f5�nd agr�eem.°nts co��ir,�tkis. , 	.   ���'�r'<17  .
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<br />    ��t:-';;    �     ''   	�a#Y'rust.cur�f aay actiaQ or proceediag is com�ae�v��IcL matstea3�p a�'ect�T�3er's intetest in the P�ear.9P:,t�e�  .   	���,�  �`�,
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<br />      ��,..      		i.e�r; at ir�dfe�''s apdon. upon aoflae w Bairawer. roa�► �make s�zpgear�ces. dis� �sh snnB. izc��8  		,..r
<br /> _  	�       '   	c�n�Ie a�meys' fees.and tage s�c6 actton as is n�ssacy to pioc�ece�reader's inte�es3.If Lea�r tequired amrtgage 	.       �   ,�� `
<br /> =r;       ..	.    	imsnrds�oe as a conGition of makiag the loan secured by dtL4 Q�oed of Tnut.Bormwer shall PaY�P�����      	�.�;"�  .   .
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<br /> _  .	.   �  -   	�ia s�b iasivance in effect��L.'�e as th�n�uiremom for soch ins�uance te�miaates ia acxordaue�s with      	;i_,���,�':,	.
<br /> 	�	.. ;�  	Btinower's and Leader's wriuen a       � or a  licab2e law.
<br /> -      .     .     , 		Any amounts disbutsed by Lender pursuant ta this pa�graph 7.tvitb Intemst thezeon.at We Note rate.sLall become		� 	_
<br />   		.�   	addition�al iadebieQness of Bon»wer secured by this�eed of Tnut. UWess Bor�awer anQ Leader agree to ather te�af 		�  -
<br />   .    	�    1   	PaYmeni. such amw�us s�atl be payable upufl notice from l�ender w Bomnwer ce�N�B OaYmeat the�reof. Natbing      	-   -	.
<br /> 	•  	'   	contained in this paragraph 7 s�all tequire ieader to iacur atry expe�e or take any actioa hereuaQer.      				.     .
<br />  _      � �•			S. Iaspeetton. Lender may make or cause to be made reasoaable emries upon ans inspect�ans of ttLe Ptoperty.     		• .
<br />  �'� �� .    	� ,   																		,:.....   +   '
<br />  -     			pmvided tbat I.eader sball give Borrower aodce prior to atty sach iffipecdon specifying�easoaable c�therenfor ne�ated to
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<br />  '_      �  	;   	l�a�er's inierest in the Prupeny.	�     							�      					.•
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