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<br /> :� - = TO S�)IiE ta leader the repayme�c of ihe indebtedness e�idenced by Bastotver's�tote datod �:'r:":�;'�
<br /> � - � � AUGUST 25, 1998 andexteasians and si�a�avalsthereof(hezein'I�tote"). - ��::.�
<br /> ia tfle prIncipal sum of U.S.$ 35,000.00 � ,with Iaterest thereon. Pmviding for . - -
<br /> � , ��y ;,, anm�n R of principai and intemst,with the balance of the indebtedtcess, if x�qt,sooner pafd.due an�payable „ ' ..
<br /> � - on SEPTFMHFsR 5. 2013 ;the paymeat of ail othes sums,w3ih,inrerest thereon, advanoed `� �"-¢':"'.-
<br /> '. � . : � ia aaoidance Iierewith to protect the serurity of this Oced of Tmst; aad the perfasa�oe of the cavenants aad - -
<br /> . ' •- . ::r. � agceemeuts of 8orrower herein contained. • =�-� `,. . ;r�i:
<br /> Borrower coveaants that Bos�ower is Iawfiillyseised of the estata heceby c�meyed and 6as the rigDt to grant and .- ,�, -_..- .,.,-_ ,
<br /> - �{ camrey the Pmg�ty.ana that the Pruperty is�mencumbe�ad, exrePt for encambrauoes of r�ooid.` Hormwer coveaants . - ;, > ��::
<br /> - `.nr � that Bomoa�er warrants and will defend generally the ade w the Pmperty agai.asc-all ciaims and•demands, sub;ec[ to -. ,.
<br />. .. wcombrances of recoid. ,, .�,�: .
<br /> .,,:�' UNIFORM COVENANfS. Eorrower aad L�r►der cove�ant and agree as fallo�vs_ `r';�':s .;;:�;-: :.
<br /> : `: 1, pay�t of Pti�ipal �ut Int�sl. Boaower shall promptlY FaY, wb��due tha ARiaciFal and interest t f `
<br /> ... ,�.:f�. iadebtsdness evidenced by the I�Iote and late cbarges as provided 'm the Note. �� � s, ; , ��,
<br /> . �.> ,_ ,. 2. Fuuds fos Ta�s�d Ins�amoe. Subject to applicable law or a written waiv�r.b��Lezts�ht. Bomnwer shall pay �,;;,:;;::.,.;_....1��:;
<br /> • • � co Leuder on the day montWy payments of priusiPal and intemst are payabte under tho�.atR;;u u s i!t I�Note is pai d ki,r.
<br /> ` ia fn11.a sam(hereia 'Funds')e�Nal to one-twelfth of the yeazly taxes aad ass�m�ntts.fitlt�t(tlia�caBdaaiiniwn aad ; � �: `r y -
<br /> -� -�` planm�d anit develop�nt assessments. if any?arhich may attain priority over�this Dead of�'�1.rost and g�ouud ceats oa .,11`t s ==
<br /> ., �- the Ptoperty. i�any.Dlns o�s.yarelft� of yearlq p�emmm instailm�ts �'ar h�ard ia�u�n�.,Plus one-tweIfti� 4f YearlY f t �-,Y "`� � .'
<br /> ,� ;� �premiu�a installments far::i�:u.-tgaae insurancc. if any,�Lt:a4�as�'� �. inn�islig and fmm time �.�p3► � t�' --
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<br /> ``f�{���� r *�� �ader oa dieq�s:'c��ts and 6�71s and r�+:�t� ��i �er. shali not be e�;�atei�rs - . R ,�,t.�.
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<br /> /:£t;r.:�.` „��S� II]3.;CC SIICJT�Sr v1��.'TrfS'r��L4����,,�,,� � �!@ C��a'�].�,�f!�'�',�..�v'�,���.�`lIi T._rQ ��$�srr,� 1, mg: -- -.
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<br /> '����v�.:S{��,Y,*� . � .�eOIfOW£T�Sf3 FiiCc4"S�d'�.•���lI��a 5�S���rTw''�IS1it1(11Y.�l 4�QSLL� �L�F3�3'i'4�;.ZL� �!s't- �_ --
<br /> w-�K4, s i�:�i�� � or guaraateed bg�•�r,�s�.a�e�e�lar �'``.LeIIder if Laid�r is s��an�'-`-r��:,���.`�s1� . � __
<br /> , �,`,�:r�` , Egg.FY dle F1mds to pay.s���..3r..��, �Ce��`T�"�t►�...'wris �ad gt0U11d�te�.s. I:e�tt�eZ&n&c'�C t3T��',`fOr so +¢A1" __
<br /> , .�, rrs�t� h�2d'mg and applying the 1Faaas.��Y�g.s��ara�.�u's�if�ing aad comgIIiag ;�id as�:�st.�s;:�aless ' , �'? _
<br /> r��`4�`,��;�r�� �der PaYa Bomawet in�aa�t.t�e�t�'s z��13�;�e.���•E:en�eo�e sucin ad'�a�ge- �a�'er.a� . ... _'�
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<br /> '�'t :"�t f� " I�er may agree in writi�;�rt.ca�e time of exeattiog�'�',i�i:s��,.fl£'I�nsf�d�xt i�erest on tite Ftmds�b�� -
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<br /> �!�,���" �, ta Boirower.aad�mless sush a�reemeut is made or app9i�'ate�ia�ce�a�iaes�such mterest to be paid,Leudcr st�aut: a ` __
<br /> , . . ._�.� ;. be requurd w pay Borruwer any interest or eamings on the Faas�. T:ender sha11 glveto Somawer, withant�c�srge. + —
<br /> ___. �:::�; � aaanal accaunting of the Fands showing credits and•deUits w�the Funds aad the ptupose for which ead�debit ta�� . .- .:--
<br />_ •• tDe PuiWs was made. 'lhe Fnads are p2edged as additlonal� secusity for the sums secumd bythis Deed of Tmst. `''"�:��--
<br /> �� If t$e amonnt of the Funds held 6y Lender, together witb�the future monthly instailments af Fuads gayable prior �.�"��: -
<br /> � , ': .- � W the dus dates of�a,assesssaeats. insurance premimns aad gnaimd rents.shal!excee4 the amount re$uired to pay -
<br /> � _ � .�. . setd taxes.asseasments� insur�ce premiums and gc�ouna�reuts as they fell du$,siach excess sbull be.at Borrawer's., —
<br /> . -- aptton. ehher pmiapdY rePaid to Borrower or c�edtted w BoarowEr on umnthiy instaltrqeats of Fuads. Ifthe ainount Ty=.,�-• _---
<br /> �. of the F�mds 6e1d.Dy L�euder shall not be sut�cieni tn p�y uutes..assessments. insuraace pm�nium9 And P,rnun� relus =
<br /> . • � ay they fall due. Bortower shali pay to Lender aay aruount, ancessary to make up the defietesicy iu one or more ;��=' : ��
<br /> . , paymente as l.ender may require. � '��;:��= ' �
<br /> .end
<br /> refund to Borrnwer any �.�
<br /> . . � Upon payment in ful]of all sua� secured by this D�d of Tiu�..Len�ar� sba11 PmmgtlY ., ;,
<br /> . � � Funds held 6y_Lender. If under paragraph 17 heienf the Pcoperty is sal�l�on tha Ptoperty,:i�otUecvvise acquired bY: :.�—.
<br /> . �.�;�;'f Leuder, Leuder sbaU apply,no later tI�an immediascSg prtor to tUa sa1�,of�tha PtoAe�'on ifs acquisition by Lendar.. � ..." - �—
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<br />�`� •. . �:;°:::� any P�ads Iield by Leader at the dme of�+licatloa•as a cmdit+a�ri`sE<t5s sumo�secucad�by tbfs Deed of Tmst: T{,y,<
<br /> �:risi•_11H.
<br /> . 3. Ap�szlce�oa of Payme�a UNess�Iicsbtu 1t�v�providcis alriecavise, all Paymsnte ceceiv�d by Leudor�nader + .:,,:=;.-�.'.
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<br /> - � , "� the NQte and patagraphs l.and 2 he�f s�i".�.!rc aPN��1"�1�� ��PsY�t of amonats Faya9r4e��by ;��'�';:;� ,
<br /> of a�Nute. �;�;:;;',- -�
<br /> ., � •� `'r Borrower nnd�r paragraph 2 hereof� We�r,�f�t+'P�'abi�ob'tt{e Note.aad then w tIIe prnacag�t � �-
<br /> � .�r� 4. Piear� amd Deeds of��E�s.�g+:t3�a.i.:�.�Bonrower sbalt perfonn all of Fdataawer's cbtigation� •��"=`.-,:--_.-.-_
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<br /> • under any mortgage,deed of ttust or ottc�r�.uityi�a�s,�p�t��i:a�rea ahich das prtaritgr mv�er this De�of Tsvst. '__�`�'�--
<br /> � .,. ` incIuding Borrower's co��ats to� gaym�tit�;,:ti�t2�n,tIue::�_S�rrower shali pay or cause w be g�� �]L•;taxea. • . s,:;:.,�r�-.,
<br /> v- � � `.; � assessments and other chsr��s.fines aatl•ia►ppsitiba�u+�tEbutable.�tb.e Proyeny whicb may attain a prior�cq.�ver this '-F:-;:::---.-.�,
<br />_ . "� . Oeed ofTn�st.axrd leasehold paym�ts��arrgiro�tis�;�rxs,ifany. .-;�_���� ° .
<br /> � ;:. . 5. H�mfl Yatvtaaoe. Bomower sl�1!l�r tlit#,m�sovem:at� ���r existing or hereafter ecr.ccea�on tke R�operey
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<br /> .. ; insnred agaiast loss by flne.hazards in�ludod�Witt�n�c�.a�m "e�ded coverage",and such otuer�azanfs a9&xader _
<br /> ��= �Y�1� aad in sucb amauats and for�svr��p�rtads.as Lender may�equire• '_ . _ �
<br /> . .. .'>' TI18 3nSOT8lIC6 CSTriCS piOYldiD�11fe lASltiittf.�Sha116L C$oSEII by BO![Owet &ubj�'t 10 Spj1I0v81 by Lt71deP:pP77idCd► -: ��'���•.'r;;`r'''
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<br /> that such appmval shall not be tuu�sca�b3y wiWheld. A1J insnrmice poltcies auA reaewala iheceaf a3�at1 be i�a fo�m ,,::�:; �.�,�,
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<br /> ' � . acceptable to Lender sad shaU�inciUJ�a standard mortgage clause in favor of and in a form aoceptabte w Lender. . .
<br /> � Lender ahall have the right w hold the policies aad renewaJs themof, subject ta the tetms of a�r mortgage. deed of :
<br /> ' ' trust or other sec�riry ag�eat aith a lien whlch has priority over thia D�d of Trust. . � `�
<br /> � ln the event of loss.Botrower shall give prompt nottce to the insuraace canier aad Leader. Lender may make �' ;
<br /> ; ' .' ..• p�of of loss if not made promptly bg Boaower. , . �
<br /> . If the Property is abaadoned 6y Borrower, or if Sorcower faila to respond to lxnder witWa 30 days from We date • •
<br /> � notice is mailed by Lender to Borrower that the insvrance canier offers w settIe a claim for�nsurance benefita.Lender �
<br /> . ia authatized to collect and apply the �nc�mna� prpCeeQe St LeIIdel'e opdolt�eittcer W restoration or tepoir of ths ° •
<br /> - - .. , .: : Property or to the sums s�suned by tI�s Deed of Ttust: � . -
<br /> � . b. P��eavation sn� A�t�o� of �tagr�4y; Iea�hoSd� Coadominivms; � .Unit Uevelapmeats. . .
<br /> Borrosver abaLfi keep ths Pcaperty in g�d repair a�d shall not cammit waste or permit �ap�imletat or deterioration :
<br /> ,���t%. c,�,�tke pro�ercg and s5a�.1�IY�wi�s tt��e�mvisiaas af any le�se uP�tzs Oe�d of Trust is c�t t�li�h4ld. i�this Da�t. :
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