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<br /> ;;_�,v _ �?'"" ��T!4� iQx360 09/17/1997 `-
<br /> -w.�w_ rWWCl� i� JGHIiS027 JR �
<br /> UNIPORM COVBNAtr['9. Bot[ow�r aad Ixnder covoaaac and a�rx as foUowa:
<br /> � �3 1, pr�pent ot PtiindPd �nd interMt. Bo�rawer �6all pmmptlY WY �n due the principal snd Inten�t f T
<br /> i a d e b t a d n c s�e v i d cnced b y the Nate�ad lacc ctu�rtes�p�c a b l e l�w o�w i 3 t t e a w�l v e r b y L e a d e r�B ocmwer sb�il IxY�o �_�:�::
<br /> � 1�Fundr fa�Ture�wd(asuranee. SLbjec iPP �le under tbe Note�undl�he Note b q!d in NU�a :,.-_-
<br /> ' ot dxt arrd laterat iuo psy �h -
<br /> :; Leoder oa tbe dt,y noocrtld9 P�Y�+ Q � nta tnctrxliW comomldum wd pls�oed ttnit -.--
<br /> . aucn(�enin"Funds')alwl to one•tvrelRh ot tho yeuly tues and ssse�� � nnte on the PcupectY�if ----
<br /> � tkwelapment aaKSSnocots,lf scy) wbic6�y�ttvla p�iodty over this Dad of Tcust,and Q� remlua►1nwUmeats =
<br /> � �ny. Plua oae-tweltth of yasly premtum iamallmenta fot hatird iaautnce.plus one-twelRh of yatly p 4 _
<br /> tor mo�tia�e i�C•U i►uy. �11 as re�soasbly �danted IdtWly ud from dme W dme by Leuder �nt�of Fur.�a �..--
<br /> +q�n,enq�nd bilis and rauoa�ble admuxs t6�reof. Borcovrer a�ll noc bo obli�ued to m�ke�uch PaY
<br />-'� to tbe h�otder ot a pdor rooctp�e a doed oi teu�t If axh lalder
<br /> a Lender a el,e t�teoe duc Hoecower m�ach paYme�s
<br />- b m ia�dtudoa�l leodes. n or accounq oi whlch ue
<br /> '' _t It Borrower py� Fundi to Lender. t6a Fuida eNU be txl��if Lender�aucA Im�wdon).Le�der raWl�pD1Y =
<br /> 1'�� b � Fakr�l oc sa►t�o�cxY(incladini for a Iwldini wd
<br /> �`i. tnsured oc iuu� y cemtum����. Lender may noc c�ar�a
<br /> tbe Funds to pY s+id�ea. �se�ent�. i�suraor.e P ��������bilb�unlas�r WY� —
<br /> �plyin� the Funde�andY�3ni atd accaua oc vedfyln� go�rovrer wd Lsnda mnY�
<br /> r • gorrowar interac on the Fuads and MP�qbk kw pamita Lender ta m�ke such s cDar�e•
<br /> p aa c�Fuiods asatl be paid to Bormwer.aad unleas
<br /> in wridn��t the time of eaecudoc�ble l�i�w a9uireaf suct►intere���P� Leuder a�U mt be�e4��P�Y�wer
<br /> wch�roemeat Is m�de or app ve io Bottower.with�ouc cbu��.�n anmtwl��i of tLe Funds
<br />- �y laenst oc q�nit�s on tbe Funds.I.eader d�ll� for which e�ch debit to tbe Fund� wu mrde. The Funde are
<br /> � thowia� crodite und debits W the Funds wd the parposa
<br /> ., plod jod as ddidodl s�ecu�ity for the snnas xcum!by tdis Dood of 7Yust. ��of Fwds P�Y+b��P�u�r w
<br /> � If tbe amount of t6e Fuads held by Lender. to�ether wlth the Potun mont�lY
<br /> use�sments.iasoraco Premiums anl f�n°m• shsll e�cc,eed tbe amo+mt�qut��P�Y�d
<br /> th� due d�ces of tues. nnts�s thcY fill due�such w�caa aiWl be. u Borrower'� apdon.
<br /> -=:;'.;:� aaea. assaemena,�P�ums �ad �coum of Fu�. If tLe�mwat of the Funda
<br /> �` eitber P�omptlY���Borrower or croditod to Bocmwer om m�nthl�y�lnsq������t��Y�1 due,
<br /> ;'iw�,. , held by Leader ahtll mt be su�cie�to p�Y wca.��• �s L,eodcc muY
<br />:%�� Botrowec c1�ll PaY co Lendec any amuiant�xess�=Y�m�te uP tlx de5ciexy ia oa or mon P�Y�
<br /> •Y�a- cefwid W Botrowcr iny Funds
<br />;_,:;.,�,r . ��' in tull of all sunm secuir,d by this Doed of Tzust,L.emer shail promptlY
<br />;,__t..-. b Lender.l�ender
<br /> �_-:'` held y� u��P�1T bereof the PropertY ia sold or tLe Pcope:ty i�other�vLe�cqu��d y Funda hela by
<br /> --�'��� .. �.�er �n immedlacety r�Or w�►e a�te of�e PmQe�Y or iss �cqu�don by Lenda� �Y
<br /> -- sis:]!:�1,. � ._.__ tha aum�secumi oy i`�BRd af T�.
<br /> ..'`-,� L,ender st the dme of�plic�don it a credlt�+iast �eived by I.eadat under the
<br /> --=�7,,,� Unleu aP4licable bw P&rst in p�ymemt,�MY�
<br /> 3. Applk�atloa a�Pa7a�d+• af anmunt�PoY�ble ro Leader bY Hoaower
<br />--"`— 1�d 2 henof st�ll be aFFliod by I.ealer
<br /> — ��p�heno2 f. then to inarest WY+�Ie on the Note�wd tLen w the PrInclP�l°��Nof Boncovrec's obll�doas
<br /> � __ 4. Pela Mort�t� �Deed� ot TruRt ���'!�i T�.Borrowet s�U P� riorlty over this Dood of Tn�at,
<br /> _— under any moet�e.dxd of tn�st or dher secuzity�� alth a lien which�a P d all wca.�
<br />-__- ��Eamet tic'•myr•ana to m�te aY���II due.Bo:cower c�U PaY ot ew�e to be pd ��Aoed oi TYu�t.
<br /> --- md at6er c1�ea�S�S snd�mpo�do�utdbutsble to the PmixrtY�cb nn►y atmin a grtczitp oees N!
<br /> and leaxbold psymenn oI�m���aay. �,ements noa oxistin�or� ��on tLe�rtY
<br /> 3.Ha�rd I�u��aoe. Borrowez shaU 1�a.Y the imP
<br /> • ,na such aher haa�Os a.I.eader m�y
<br /> imured apios= las bY fire+�ds�luded�����cover�e .
<br /> require�nd ln such amon�s wd for such P� I.sndet;Dmv�dod+
<br /> 'lbe ina�eane� cun�ProvldinY t�e in�a►rmce s�be choaen by Bouo�� ���e�ll be in a foim
<br /> - tlut sach aPProv�l s� � be uaceasunablY vdthheld.A111nsucmce Po le to Lmder. Lemer
<br /> �pibk ro Lender md�ail lncluda i sta�rd m4rt��e cltuse in&vor of wd ia a form accept�b�of m�at or ather
<br /> s�ll II�ave the ri�ht to hold the policie��nl:enewils theceof�sub3ect w tbe tesms of any rtg�e
<br /> --- - - sxtiuitY a8�wldt�llen which ha�priotity over tL1s Dad of Trusc.
<br /> In the eveot of 1oss.Borrowa shAU�ive Promp�nodce to the in4urance curler�nd Lender.Lesder m�Y m�p�'0°f
<br /> of losa 1f not m�de PmroptlY bY�mowa. nd W Leader wltbin 30 days from d�e d�te
<br /> If the PropeKy(s abmdoaed by Bocrower.or if Borrower fdls to r�pO
<br /> aotice ia m�iled by Lender w Borcower tbat the imvrance arrier offe�s w settle a eLfm for inaurmce ixneflts�I�endK o
<br /> wtho:iud W collect wd�PP1Y�insucuoce Fmceais st L.en�ler's opdon eitlur to restondoa or mPauiT of the PmpertY
<br /> --=_'� w the aum eoc,uea by Ws naa of Tsusc. ��i conaomwunf; P1wn�d udc ne.eloQn�aW
<br /> -::a�,�a�� f. Prae��tiae and Mafntasanx o� �7; or deterlondoa of the
<br /> °z°=�,,.,�� Borrawer eiW1 keep the PrapertY in Q���stWt not cammit waste or pe.�mit i��
<br /> -_--__--- pto�ezty�nd s�ll omnP1Y wtth the pmvIaioag of�ny le�se if thts Dad of Tmst��1 of 8�1�'s ot►li�adoffi uader the
<br /> �.t-�� on a unit�a s condomin�um or a pl�an�d unit developmeat.Borrower stWl Perfo
<br /> -_ .�•-:�±+��
<br /> the by-Lws�ad m�ul�dons
<br /> ~=���-' declisuion or covemncs ctexdnS or grnerdn8 the coadomWum or pLuned unit clevelopment,
<br /> _ �"� mems conaiiued in thi&
<br />_ifi:��;;,r.:: ' of the cosdomioiwmor pluund unit d�velopment,�nd consdtuent �covenants u�d agrx
<br />- �. _�.'° 7. Frotatton o[ Leada�'s Secu�tY.If Boimwer fAlls to P�� �ects 1.tnder's interest in the PmpertY.thcn
<br /> ::���`;':�a",���. is commencedwbich muetI�11Y
<br /> ��.,,�, m disMuse suc}� sums� includin8
<br /> Deed of Tsust,or if wy�cdon or proaod�n8 � such appearures�
<br />.;'� °'.•�;�`° i,ender� u L,e�xler'a opdon, upon mdce to Bormwer, wsry
<br />���_ re�son�ble attomeys' fas, and take such�cdon as is necessar�'tp Protect Lender's inurest.If ��'remi�ums�quind to
<br /> ��.���__ .,.,...,,.c,".�ro :l�e loin secural bY this Dad uf T:ust. Borrower sball psy� p ,.. ..,,,,.,.�.�r v,Iti,
<br /> .r..= . � ((IS{llWfx:s Aw„w......�_ .-o - ment for suCll intilu7U�cc ica..u++.w�o...-------
<br />`.,:,y f,�. � fly{�p�II N1Ch�11511[tOCG�II C�CCt i1ntU SIIC11 t�11C i8 �IC ICQU�IC
<br />• .` Borrowcr's�nd I.endtr's written agt+ament or tppl�cable l�w.
<br /> ;`.a�';� to tbie ptraSnph 7�with interest theteon,At the Note cau.stWl become
<br /> • Any unounts disbursed by I.�nder P�� w other urms of
<br /> • �. .-~:..• uldidotul indebtedness of Borrower sxured bY th�s Deed of Tcust.Unless Borrower uid Lender a�ra��f. NWhin�
<br /> .. . payment, such anaounts s2W1 be Pay�ble upon notice from Lender oc take�ay acd he�te�uxkP1Y��
<br /> � cont�ined in thia puiSraPh 7 stull req�re Lender w incur aay expense doa4 of tbe PropertY�
<br />- ` :.+� � S. Inipallon.Lender may ante or cause tn be m9de ce�sonabdonntrles upon��bspec therefor rehoed to
<br /> � :. provided d�at Lendet shill give Borrower nodce prlor to any such iagpx ��Y�B
<br /> Y;�,��.'�`;�.: ` � Lencler's intenst in the Property
<br /> .� .; ,ti.
<br />_� �'t.#1��'+*+W =.°.}��
<br /> Nebn�ta 24876�3 7/41 Oriqinai(R�aordad) Copy(sraaab) CopY(��ti��r) ��of s
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