|
—a }�1c�c'�2-iT„�ic: - ';� �r(e �t'�y �) ,531'}'�s.tslti�''T^y- N� Y r��pr�7t �tj:x:ij �, {. ..ffr.
<br /> i" � �. / 1�1 v�{\: t��� 3 t!° !" �it 1� ./i N.y t ✓,;�r
<br /> ':,»:.�t, li vt,.''.'.0• srd:C'f'�'`��,. S,�R.�$�, S � 1 f'"f�y 11 9.�{t {� ,'�h.
<br /> � 4� r'�� �9�rj�S . � f �;r i �; -+ f i-' -��ti o�'i f�. Ct :;�5:� - -
<br /> �t� t.:�clS �� _ ��.�tr. ds:r'y7^}j'R� -- -(P ' [ i:i L:
<br /> } �,�;.,:.�Fr�k` , � dc �ji�>:}�(F ;'�,�-:-l+;i.
<br /> � ��"�/' Y!Yt N'll, �/) ' �
<br /> ' ' _� .'�". . . ..�. . '
<br /> � 1 . . .... . .
<br /> .....V - ' . � .
<br /> . .1 I�. -y;�?' � , . - .
<br /> . . . ,6wiY6 :f&�"�� . � � - , - ' � a :- -
<br /> .. � �� �J.:ii-�vk' s =�a:'sJi.i�tut!.:...�....::7-...r.- uG:.:h.t-:_-�_"_____�. ._..
<br /> _ �..
<br /> •
<br />.. , F.. • .
<br /> ''`��,� g ��i9a��"�
<br /> � �` ��' of Tn�st ie oa a uuit fn a�condomWum or a planned unit development. Bormwer shall pei��form all of Hornower's
<br /> .. � � '}�� obligations und�r the decleration or coveaants creatfag or goveming the condoinlnium or planned unit development.
<br /> ---,•-�
<br /> -� - ttte bylawe and regulatIons of the condomiaiwn or plann�d unit develapmeat. and constitueat documents,
<br /> �� 7. I�mtectiaa of Leader's Seaulty. If Borrower faits to perfotm the covenants and agreements contalned ia this
<br /> - .; ��, Deed of Trust� or if any acdon or proceeding is cominenced which materially affects Lender's interest in the Pmperty.
<br /> then Lender.at Leader's option, upon nodce w Borrower, may make such appearances, disburse such sum9,including
<br /> � '��" reasonabl8 attomeys' fees, and take such action s�s is ne�essary to protect Ixnder's int�rest. If I.ender requtred
<br /> .a:��k� mortgage insurance as a coadidoa of malcIng the loan secured by thie Deed of Trust,Borrower shell pay tbe premiums
<br /> , : . -�- required w raainta�t such insurance in effect until such time as the requirennent far such insurance terminates in
<br /> .�+wi�� ' accordance with Borrower's and �.ender's written agreement or applIcable law.
<br /> ,,,.,.:�,� Aay amounts disbursed by I.�nder purauant to dus paragraph 7,with 9ntereat thereon, at the Note rate. atsall
<br />-_ n,,;;:::,�;
<br /> � ',��!'���"A beoome adcUtlanat indebtedaess of�orrawer secured by this Deed of Trust. Unless 8orroaer and l.ender agree ta
<br />� �f�`�'��'� other terms of payment. such umouats shaU bc payable upoa notice from L.euder to 8onower requesting payment
<br /> �,�;.. ::
<br /> �- :;��� Wereof. Notbing ootttained in this p8ragraph 7 shall require Lender to iacur any expense or take any ac�on hereurtder.
<br /> - � 8. Ins�tion. Lender may make or cause to be made reasonable enuies upon aad inspecttons of the Property.
<br /> ,,',,�,." ;� pmvided that L,ender shall give Bonrower notice prior to aay such inspection specifyIng reasonable cause therefor
<br /> ,. , .. related to Leader's interest ia the Property.
<br /> =•:�:x!��k_ � 9. Co�ano�tion. 'ihe proceeda of aay award or claira for damages�dlrect or consequential, in w�ection wlth
<br />= ""''� any condemnation or other teking of the Property, or part thsreof, or for conveyance ln lieu of coadeinusttoa, are
<br /> �-.�:_;= hareby asetgaed ead ehatl be patd to L.ender. subject to the temrr of auy umrtaage. dced of tcuat or otLer securlty
<br />__s'.;;;�J a�rament with s�lien whtch h�s prlority over thls Deed of Truat.
<br /> , 10. Borrow1a Not Rela�od: Fo�b�s�oe BY Leader Not a Wdv�r. Bxteneion of the Wae for payment or
<br /> _-�.-�u=' modltication of amonization of the eums seturr+d by tWs Dee� of Tiust grante�! by Lender to any successar ia interest
<br /> - �T�;�`" of Barrowa shell not opernte to mlease, !n say manner� che liability of the or�giaal Borrower aad Borrower's
<br /> �-�:�u. suoces�are ia intorest Lender shall aot be requirod to con�nence proceodings against such suocessor or ref�se to
<br /> ,.;�.� .
<br /> :u:�:�a extend time for payment or otherwise modify emonixatlon of the sums secuced by this Deed of Trust by resson o aay
<br /> ��r��,� demand made by the odgtaal Borrower nnd Borcower's successore in interest. Any forbearaace by Lender in exeraising
<br />�'" any rlght or t+emedy hereunder, or ottteiwise afforcled by applicable law�shall not be a waiver of or preclude the
<br />_�;';,;;''' exercise of any such right or remedy.
<br />-.-_� i l. S�ooeaeors aod Asalgns Bou�: Joint aod 5avet�l L�bility;Co-si�nese. The coveaants and agceements herein
<br /> -. �. — cantained shail biad,and �ue rig,iuta hereuadcr �t,�ii Iuuea ta. thc rrsp�ctivc sur�^aors �d asslgas af I.eader aad
<br /> �=?e� Borrower. subject to the provisions of garagraph 16 hereof. All coveaants ead egnemente of Bomower sdall be Joint
<br /> """`�",;;�;; and several. Any Borrower who co-aigns this Dead of Tc�st,but does not execute the Plote, (a) isco-signing t6is Dead
<br /> ::�� of Tr�st only to geant and oonvey that Bomo�ver's Iaterest in the Ptogerty w'IYttstee utider{he tetws of tUfe Deed of
<br /> ---== Ttust,(b) Is aot personally liable qn the Note or under Wis Deed of Teust,and(c)agrE�s Wat Ixndet and any other
<br /> _ --__.,:_�� Bomower hereunder may asree to extead,modify,forbeP.r�or make any oiher ac�om�odattops with regard W thc t�rm.s
<br /> of this Deed of Tnist or the Nota wlthout that Borrower's oonsent and wIthout releasing that Borrower or modifyIng
<br /> = this Deed of'hust as to that Bcir�awer's laterest ia the Property.
<br /> ---_- 12. Notioe. Faaept for uay��tatice required under applicable law w be given tn another mauner, Ce)any notice .
<br /> ..---=-;, to Borrower pmvlded for 1a this Doed of Trust shall be givea by delivering it or by mailing sucb uWic�by cerdflod
<br /> "'°''��;:� mail addnssed co Borcower at the Pxoperty Address or at such other addxess es Borrowor m�y desigaate by notix w
<br /> �:,,._„� Leader as provIded herein, and;(b).any aotice w I.eader shaU be gtven by oertified�mail.to,Leader's address stated
<br /> - ,•� . hercln or to such ather addres,9.as I.�ader may desig�nate by notice to Boirower �piovid(x�:horein. Any nodce
<br /> --_---- provided for in this Dead of Trust,ah�ll ba de� to have been given to Borrow�z;or I�der. whe� gtven in the
<br /> ..�--- . a�aaner designated herein. � . .
<br /> �� 18, �ovaning I,iw;Sevarability. 17ie state �nd locai laws appficable w this Deed of Tcust shslt be the lawa of
<br />----- the juiisdictloa in which the Propetty is located. 'Ihe foregoing sentence shall not I�mit the applicabili3y of Fedeial
<br /> - -- law to tflls Deed of'�'rust. Isi the'event that any provision or clause of th9s Doed of Ttust or the Note oonflicts aith
<br />�. applicable law.suctE eoiltlici shaU not affect ather pmvislons of tLis Deed of TYvst or the Note wh[ch can be glven ,
<br /> effoct without the conflicdag provisIon,and to this end the provisions of tLis Dced of Tsust sud the Note ere declared
<br /> - w be aeverable. As used heieib. "casts"�"expenses"and"attomeys'fees"include ait sqtns�to the extent aot pmhibited
<br /> - by applicable law or limisod hereiti.
<br />.__. 14. Bormwds Copy. Bornower shall be tyuaished a conformed copy of the Note and of this Deod of Tcust at the
<br /> - � tla�e of execution or after recordation hereof.
<br />---- -� ' iS. R�n La�a A�aut. Boirower shaU fiiliill all of Bonawer's obligazions unde: any home
<br /> "°''�""''�'"�� rehabilitation� impmvement, repair,or other loan agreement whtch Borrower enter's�9nto with Leader. L.cnder, at
<br /> ^'i N'��✓<<, l,endex's•opdon,may require Bonower to exe�ute and deliver to Imder. ia a forin,acceptable w Leader,an assl�,nment
<br /> --s'`-��.:`_ of any rights.cleims or defemses •which Borrower may have against parties•who aupplY labor,mat�rials ot sesvices in
<br />�`R'''•-��: OODIIOC�Ol1 WItL I1T�TCt,Y811�II18 II7SdC LO ih0 PtOpCI��I.
<br />�-':W;`",.°� 16. 7Yanafa of�e Pcupaty or a Bme&vl Iata+eat in Boaowdr. If all or any part of tho Property or eny interest
<br />�;�:.���;c�t:
<br />����=,�r=��--: in it ia soid or uansfemed (or if a beuefscIal �»�erest in Born�wer is sold or uansfemed and Borcower is not a natuYal
<br />- �-n_M.Ji�J.
<br />- ..-� . , person) wIthout Lender's prlor wrttten conse�t� Lender may.at its optton, require immodiate pay�uent !n fWl of�11
<br />_�;~�:;'.-:�":':=�� sums secured by tlils Deed of Tn�st. However.this opdon shall not be exerctsod by Lenaer if exercise is prohibited
<br /> �F:� �,'. . by Federal law as of the date of thia Deed of Tn�st.
<br />__—.,�-'.✓r�,.•� �e r__�'_ ___�t_'_ st_ _.s� i�J� �L�tt �1..�O .�. __..__ ..0 a....da.e►ii.w '17�s wnfim e1�all wMVLIn e
<br /> .�,':lV�:- ��.- tl Ktt{tFf QJ�tMtOGI Wto V�navnr a�Aat�tr► oua�a a��v wswwvs .aw.... v. w..•......v+.. ...� ...«�. .�w.. a..�'..�. ..
<br /> ,_���.�.;;: pertod of not less than 30 days from the date the cotice is deUvemd or mailed withia which Borrower must pay aU
<br /> _ rt _.;�� sums secured by this Deed of Trust. If Borrower fails to pay these sums prior w the expiratton of this perlod, Lender
<br /> . �� ~ may invoke any reat�ies permftted by tbis DeEd of Tmst without furtLer notice or demaad on Bomo�vet.
<br /> • � rrs�Ras�,�wxn MoKro�►as-usa�nvMar�xc.MC UNIFORM INS'fRUNIDNT Fo:m 3828
<br />_ n�.m�,�e sy�o�,�.�eoo�asiw� Page 3 of 5
<br /> .
<br /> �
<br /> 0
<br /> NESEC.DOT
<br />
|