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<br /> � `� � UNIFORAA COVEN/�1TS.Honower and Lender oovenarR�rtd agra�as toSlouus: �J���[�`��3��
<br /> �f . �. 1. Rayenent ot�tir•�tpa1�tMe�es3-Borrawer shaif pmmptN pay when due the princ3pal �titige ��rtn ebiedrtess �;
<br /> :�.�:
<br /> . :.r �:�:..� evFdenced by the Plote and tate ci�arges as pmvld�d U the I�ote. _ . :_
<br /> Sub eartoappitt�6teEaworewrltten�+rahrerbyLsnder,BarrovrershailpaytoLendet .
<br /> 2. fu�d.a4er�aet�tnatuata:a 1 W; ` `-"
<br /> � on the day�a�N P�e���ipal and interest are paya'bte under tha Note.uNil tlte Nofe ts patd in tutl,a sum(hsrein
<br /> �, ,� "Funds")equai ta ons�rivatfth of ue yeariy taxes�n�as�ssmenb(inctu+dtng condominium and planned unit devetopmef►t , .:
<br /> ` ass�ssma�itanY)whichmayattainprtoriryoverthisDesdof�ivst.andgrouadrent�ontheProperty.ifany.Ptuso��IM ,' ,� ..,,
<br /> ' remiuminstallmer�brmartgageinsurance. �
<br /> � afyesriYRremIumtnstaltmentato�heras�dinsuranc�Pluson�elMotyearlyp
<br /> �ti�•`', .' ifany�aUasreasonat�yes�ineataBin�IattyandYromtImetattmebyLsnderanUiebasisofassessmeMeandbUisartd�nabte
<br /> : estImatesthereof.Hanawershail noZbe cbligatedb�aaK� o�if suc4�ho deS an insitbuti naf lande���ermakes
<br /> `--� :.�-� such payments to the hotdar ot a prtor martgage o _
<br />. ,-�'==`='"� Rf�rr�yuar pay�Funds tolender,the Funds shall be hetd in an Institulion tha deposits or accounts ot�fiich ere insured .-„_�
<br /> ` .4T • cr guaraMeed by a Federal or�ate egency�inctading Lender if Lender is such an t�stitutian).�ender shat!appry tt�e��nds Y,..-.; -
<br /> ' to pay eaid taxea essessme n t s.i�su�ance peemiuma and ground renis.L.e�der may rrot charge tor so holdi��d��P��
<br /> MeFunds.anatyzirt9said�o�oufl2orve�ityttngandcampiltngsaidassessmentsandbllts.unt�ssl.enderp�9atthetlme �
<br /> ��� ontheFundsandappiic�bta law permitsLendertomakesuch acharge.BcrrawerandLendermayagree �
<br /> ���,_`��,���. af exea�tton of this Deed of Trusi that InteresE on the Furtds sha!{be paid to�orrovrer.and untess s n�h�or eamtngs n° the ..,{�:`��.
<br /> : � ` - applicabte taw reqnices sucP�i►�terestto be pa1d,Lender shall not be requtred to pay Borrawer ar►y -
<br /> � Funtis.LertdsrshaflgiuetoBo�►,dvuith �otheFundsw�smadThaWndsarept dgedesaddi�onafse�ta�thssums .�.`'{:IU.
<br /> , : .• Fund$andtheputpasePonsrhlch
<br /> . -� . secured by thts Oeed of Yrust. te o�totlqedue `,. ..
<br /> . . �� .., iftheamountottheFundshetdbyLender,togetherwfththetuturemoMhlyinstatimerttsotFundspayab pri , ;��;
<br /> d�tes of taxes,essassmeMs,insurance Premiums and ground rer�m.sha[i e�eed the an►oaM requi�d to pay satd taxes. .:-
<br /> �., �_ ; ' assessm��insuranoepremiumsandgrourtd�e�instaltrt�er►tsaiFun�eam�ountottt►eFundshaldbyhLenderamhatt , ,;:.t;_,
<br /> � repatd to Borrower or credited to Bcrto�►er on mo ly
<br /> . _ c�tttasufffctetitiopayt�aes�es5essments.(nsurancapremiumsandgroundrerrts�stheyfa11du�Borrowershaflpaytol,ender .
<br /> . u erns es Lender may cequire�
<br /> � ,� atry amatmt�ecessary ta rtcai�up the deficlancy in one armflre paym .
<br /> _i r--.�- '��, ,. Upon�sa�ment in full of all sumssecuredby this Deed of Tnist.Lender shaU promptty retund to Bcrrawer enY Funds held
<br /> .-. . , by Lender.if und�rpsrag�h 1 7 he�e sale of the PraPenY or its ac4uisintioin by Lender,ar►y Funds held�,Lsnder ai the me� .
<br />- ' �� no tater than tmmediateiy pdor to the ...
<br /> .. . . ot appltc8tton Ss a credtt againsE the sums secitred bY this Deed ot Trust. erds received by Lr��er under theNo'� ,
<br /> ';.. 3. App9ication MPayme�s.Untesa appitcabie taw provides othen�ise�aliPaym ..
<br /> 0
<br /> �"��`; � and paragraphs 1 and 2 hereof shati�aaPPlled by Lenderfirst in paymeM of amounts payabRe to Lender by Borrower under , -
<br /> �_��:'''F :. � par�c raph 2 hereot�then to irdetest��te on th9 Note,and then to the princlpai of the��ta.
<br /> `,;' .
<br /> 0. RriorMortgages��ee��'��'��Ltens.BorraweishalipertormailofBorrower'sabRgationsunderarry
<br /> '',` :� � .. ., �=f, martgage.deedo9trustor�Gt►srsecurs�yagreetrt�i�halienwhichhasprf�rYtyaverthisDeedolTrusQ,��ludingBorcawer's
<br /> � � cov�anantsMmakepaymeniswhendt:a8orrwuefs�lipayorcausetobepatdalltaxe&assessmentsa,�otheret�isor�mund
<br />. • . �: „ :.: � andimpa�seaributabietothePre�sariYuuhichm�.Yat�inapriadh►overthis0asdafTrusi�andleasehotdPaym 9
<br /> . . ' . : rerns,[i as�c
<br /> S. H�Brd tnsurenc�.BoROwar shati Ecesp the tmprovemerits ncw existtng oT hereafter erected oz�the Ptapet4y��%asur'ed `_::
<br />� .. . ag a lnst toss by�r e,h a z a rda included within the tenn"extended coveraga':a�d such other hazaics��ander may r+equire ��_-:,..
<br /> and in such amaurns and for such D��ds��nder may requtra
<br /> rovtded that
<br /> � The insuras�ce carrier provfding the Insurence shall by chosen by Borrov�rar subject to approvai by Lender,p , _
<br /> '�` such apprarvai shail not be umeasonably withhetd.Atl insuranca policfes and�enev�ats tt►ereof shalt be in a torm acce�table
<br /> �� � to Lender and sha0 inctude a standazd moKgaga clause in tavor o?and in a torm accepta0te to I.ender.L;ender shafl have the
<br />_`• . 8ghttohol�dthepoliciesandrenewatsthereot,subjecttathetermsofanymortgage,deedolWstorotl'�ssecurityegreemeM -
<br /> � � with a Uen which has pri�rity over this Oeed ot Troa1. af ot foss .
<br /> � Intheeverriottosa,�orrawershallgiv�promptnoticetotheinsurancecarrierand tsnder.lsndermayma9cepro -
<br /> , � . it not made promptty by Borrower. ,
<br /> �i^�30 days trom the da��atice fa
<br /> � � H the Propert9►is abandoned by 8orrowar,or it Horrawer ta?s to respond to�.ender wi.. .
<br />- , . ' ; matledbyLen6arto6omawerthattne�d als de�o roneither restor�atlonorrepairofthePropeRYorL�nthe isamsseCUred
<br /> . t000ltactandapatythelnsurartrsprocee Pn
<br /> � :.�,\�jj j! : by this Oee�ot Trust. , .
<br /> . �.,., .
<br /> 8 p�etvatlon and Matntenanca o9 PropeRg;t�easehotds;Condoraoirtiarms;Ptanned UnttOavetopr+tent�..8orro�n►er
<br /> � ahall keep the Prcperiy in good repair and shail nat commit waste or permit impairmerR arr deteriora4lon o!the PropeRy and
<br /> , , � , ghe11 cpmply wlth the�vlsions of t�tty tetsg it this Oeed of hust is on a leasehotd.{i this Deed of Ttust is on a unit tn a
<br />_ . � � . � � condominiumora�:�:�� �8�dominiumorpan edunpitdtevelopmeM,theb�Mawsand�egutationsalthecondomnum - ��
<br /> . cavenar��reatingargavem 9
<br /> � � ' , or ptart�ofl u�it Qevetopment,and constituent dacuments.
<br /> 7. �.*ateatio��!Lcnder'o�.srdty.if Borrower taits to partorm tfie cavenants and sgreem�anta oontained ire mtms Deed
<br /> � o!Trust.or if any a�tian o�proceeaing is commenced whlch ma:eriaity aft��s Lender's interest tn the Pro�sriy,the�Lender. ?_� �
<br /> - �• � � � ; atLender'sopUon.u�annaticeto6crrawer�maymakesuchappearances.6`r�►sesuchsums.indudingreasonabteattorr��ysr
<br /> � � tees,ar�d take such aciis�n as is necessary to proieci Lendor's interest.if LenQer�equired mortgage insvrance as a condiUon
<br /> � cfmatcin�thefoansecuredbyth�s�eadof'�iust.BorrawershaflpaythepremlumsrequiredtomairMalnsuchinsuranceineffect
<br /> - � untilsuchtimeasthe�equirementt�rsuchinsuranceterminat�sinaccordancewithBorr�cssr'sandLender'swrittenagreement .
<br /> � . pr appllcabie lav� .
<br /> _ , � - -- �;a�,��t���i�,�by len�er oursuant to thia pSt89raph 7,vri�'��erest thereon.at the Note�ate.ahall became
<br /> � � eddi�analindebtednessolBortowersecuredbythis0eedof�ust.UntessB�ravrerandLs�����o�in n��n�dt his
<br /> -. �. � _ sach amouMs shatl be payabte upon natice trom Lender W Har�wer requesting paym 9
<br />_- . � .. paragrapb 7 shail�equire Isn6er to incur any expense or take any acUon heraunder.
<br /> _ : 8. insp�ction.Lender may make o�o�8 o bs h id Sp�ctio�Sp Cityl g asonable�u e therefa r etated to�Lender's
<br /> that LenQer shaN ghre Borrower notice p rri►
<br /> � '� iMerest In the Proparty. �
<br /> ' � 9. Condemnstton.fie proceeQa of arry award or clatm tor damages.direct or consequeMiai�in connecUon with any
<br /> ` � condemnationorothertakingottheProperty,orpaRthereoi,ortarcarneyanceiniiauotcandemna�an.areherebyasstgned
<br /> � and shal{b�paid to Lender,su�je�t to the terms o?any mortgage,deed of trust ot other security agreemetR with a lien which
<br /> �- � ' • � has prlority aver thts Deed of Trust.
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