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<br /> . r: COVENRHTB 4 97"' �O.C7�g
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<br /> 1. I��ym�nb. Borrow�r �pnu to m�k� NI �aym�nti on tM s�cured d�bt wh�n du�. Untss� orrow�t �nd L�nde► apree oth�rwl��, any �
<br /> N�Ym�nt�Lander ncelva�lrom Borrow�r ar or Bo►rowu'�b�nsflt wlll br �ppl��d Ilrat to �ny Wnounta Borrow�r ows� on the s�aured d�bt �
<br /> ; � �xclu�iw ot InNr�1t or principd, t�C01id t0 IntYr�tt, and tMn to princlp�l.11 p�nl�I pnpaym�nt of Ihe s�curud debt occun(or nny re�eon,It will
<br /> ' � not nduc�ar excw��ny acMdut�d p�ym�nt until th�uwund d�bt b psid In fufl. ��:
<br /> �} 3, CUkn�A�Nn�t TIM�.Sortow�r wip bay sll t�fxn, ■K• sm�nta.�nd otMr chup��attribunbl�to tMpropety wh�n du��nd�vll)d�fend titl�
<br /> • to�M propwri�9dtit�ny,a1dmM wMch�outd ImptiM t�INn of thb d��d of trust.L�nd�r m�y rpuir�Borrown to�taipn�ny ripht�,cl�lms or _
<br /> a� d�f�ma whlch 8arpw�r n1�y haw`p�IfMi partlN who�4iPP�Y Irbor o1 m�tul�l�to Improve or mdntaln th�prop�rty. _
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<br /> ' 3. Maw�rta�.Barrow*r wlll k��p tl►1'prapKtY Ihuw�C u�du t�rm�acc�pt�bb to L�nd�r at Borrow�r'�oxp�ns�and far L�nd�r's b�n�lit. All
<br /> .•i Inwranci policln ih�ll Includ���Undwd mo►tp�p�cl�use In hvor o}L�nder.Lmdsr wlil bu named a�los�paYae or es ths Inwrsd on eny wch ;`
<br /> '-',� Insurana po�icy. Any inturmc�proc��dr m�1I W applkd, within Lentlor'e dl�crotlon,to Olther the ro�Mrntlnn o►rnpelr of the dema�ed p�operty �_
<br /> a to th���cw�d d�bt.If Land�r nquk��martqap�Inturanc�,Borrowa�yr��s to m�lntaln such In�ur�nc�fpr��lonp�s L�nd�r nqulns.
<br /> 4.Prop«ty.Bor�owar will ks�p th�property in pood condltion�nd m�k�NI npNn rerton�bly nea�suy.
<br />` ��� 6, Exp���.Borrow�r�pn��to p�y�II L�nd�r'��xp�nsss Includlny ru�onable attorney�'fess,If Borrower bre�ks sny covensnts In thli dced
<br /> � ' of trutt or in�ny obllpatlon tocund by thl�ds�d of tru�t. �orrower wi�l p�y tliess amount�to L�nder�i provld�d In Covenant 8 of this deed of
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<br /> �•� 6, prlor e�eWity N�eKKta. Unl�s�Borrowe first obtalns Leoder'o wrftten con:�nt, Borrower wtl not make oi permlt any chanp�s to sny prior
<br /> inc�ir�iy��BtoHirow�r'i cownints�to miki payminti�wMn due.blly�tions under any prior martgaQe, deed of trust or othor aocurity eflreement,
<br /> "' ,-" 7. A�ot R�nts�nd halks.Bonower atii�ne to Lende�ths rents and prafits of the prop�rty.Unlea Borrower�nd lsnder heva agreed
<br /> "-�'•`°'=•' otMrw se in w►itiny, Borrow�r m�y coilect�nd rotsin the ronts as Iony as Borrower f4 not In Wfauit. If Borrowsr d�faufts,Lander, tender's
<br /> '�'�`���'"�� ap�nt, ot a court�ppolnt�d ncNvu m�Y uke poss���ion md mm�p�th� props►ty and collsct th�ront�.Any�mts L�nde collscri ah�lt b�
<br /> �� utF�.� �ppli�d fkat to tM eotu of m� tM prop�rty, Inaludlna court co�t� and attorneya'tees,commlabns to rsntal a�ntt,snd any otMr
<br />:;,�� : nkwtsary nl�tYd�xponaa.Th�nm�nlnp amount of nnt��Hifl tMn apply to p�ym�nri on ths sw�x�d cNbt as provld�d In Co�enant 1.
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<br />-�`;3�; ,� �_ ����j Condo�N��j IMrxMd Nnit Wv�lopm�nts.Borrow�r prws to comDlv with tM proviabns of�ny N�ae If thl�dHd of uun I�on
<br />__.�-`t;t;: : a t�uahold.If this deed of Vust le on a ixdt In�aabominlum a a�QlarxNd unft d��nbpmmt,Bo►rowsr wlll p�rform all of Bonowe's dutt�a `
<br /> -�u.�r� u�xNr th�eawnants,byI�w�,w rpulations of tM eondominlum a plannsd unit d�wtopmsnt.
<br />::r+,�,".�l .,, g, A�y o}�N�to ►Ktorm ta iortow�r.It BorrowK fa0�to a r fam�oy of Bo►ruwsr't dutMs und�r tM�d��d of uun. L�nd�r m�y
<br />• pe�torm the dutie�or aus�them to be p�rformed. Lender m�y slpn 8 o r row�r's nsma w pay a�ry amount 1}nec�ssary for parfam�nce.If any
<br /> :.���•;, constructbn on tMp�op�rty I�dl�continwd or not cxrled on In�rsasonabla mannar,Lender m�y do whatever ts n�cess�ry to protect Lender'e
<br /> — --� securlty Inter�st in tF�s propxry.Thls m�y Inctud�complitiny th�construction.
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<br /> :_;.;;, Lender'�f�ilure to pKform wlll not preclude Lender irom exercisinp sny of Its other rlpht�under the I�w or thl�d��d of trust.
<br /> ':►�k� ..'. A�y amount�peld hy Lender toprotsot LendsPt sscurlty Interost w01 he secured by thls d�ed of uutt.Such amounts wfll bs due on demand
<br />==;:a_ �nd wlll b�u Int�nst from tM d�t�of tfN p�yrtHnt until paW In full et the Int�n�t rate I��N�at on tM�scund dobt.
<br />--'�� 10. D�fwlt�nd Acc�atlon. If Borrow�r fail�tu make �ny payment when due or bre�ka my cowmnte under thl� de�d of uus!a any
<br /> W"��'="= demiod Imm�iit piYm�nt�msy Invoki�thi p�w�of i*and iny oths�rimedieipeimlttsd by a�ppllcib tl liwWlty ot th�sscurad d�bt�nd
<br /> — ____ �.p,.�t�������Mre�y�roq�ue�s�{h�n coples of ths notices of default md s�b Cs sent to esch person who Ia�party
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