|
L1_ " '�.c:l . . . �-.4-..'r�ai.'�..� .�.'-.__. . ..._.-.-". -_.;�t:'. _ � -
<br /> �IYQ4.�^ . � ' ) - ��1.' '_ .�t.• , _ _' �' ( . .. (.
<br /> L� �4�� �, 2 t `, ` } y, rS � � � -fe _�_.`1`
<br /> u,�g{�r� _ .;{u' - _? � _� � ,r` o . .�-
<br />- ����'�' t4lt��. �'�.`rl�� _ �-v,' . �' �.;.t�-... -� oz...,�„_,� �.,�,_ �5.� �.. �..,.y�_,_. 7� ,_ i. �i
<br /> •t
<br /> �.,-N .s �:j?.
<br /> �.: _
<br /> . � . . ��@l �?6'� � �.
<br /> �� ' � :'«• SE to L�euder the re ent of t�e iadebtedaess evidenced bq Boaoa��et`s aote da� -
<br /> : ,.r; ' OCTOBBA 2, 1997 � and�onsandrenewalsthe�eof(herein°Note�, .
<br /> . , � . in We ptindpal s�oi U.S.a 11�800.00 ,with interes�t therean,praviding for .,
<br /> ` ; . ` m9ntitly in. Attmentsof prtndpat�ad tate�est.adth tae6alanoe of theindeDledness,if notso�ner gaid,duesttd payable °'
<br /> �`,.`.; . .•, oa NOVBI�BR 1, Z012 ;the gayiuent of ell other sams,with interest therean,advaaced � � `
<br /> � . - .'. in aeootdanoe hereayitII to pnote,ct the secarity of thts Deed of'It��en�We perfotmaaae of the aavenants aaa
<br /> • , . agceements Qi 8oaawes teereia oontained. <; ..��:
<br /> . r' Bormwer aaveaants that Bonawec is l�vrtully seLsed of the estate hereby aomreyed sud�as the rtgt►t to�rant and
<br /> .,...•.k�� `. . ��� oomey the Properry.and that the Pcogerty is nueacvmbec�d.e�ePt for encnmbranaes of reaora. Borraaver cavenants
<br /> - ==�-: t�ae sorra�wer ararrauts aad v�ut aefena genesau.v the Bue co the rroperrn against a1Y d�ims an�a aemands,subjecc to - -
<br /> - . _ enc.ambrano�s of reaosd.
<br /> � � LJN�ORM OOVEN�iN'I5. Bortower aad Leader oovenant and ag�ree as follov�s: '
<br /> . ; .. . 1. pgy�eut og pda�al and IaL�l. Borrawer �hhall pmmptiY PaY when dne she priadgal aad interest - �
<br />;- ---:::• . :: �`�` tndeDteQa�evl�enaed Dy tIle Note aad late ch�arges a4 gruvtt�d in the Not�. `
<br /> ` � : Z Phuds far 1�aa�Iu� Snbject w appli�abie taw ar a wrIuen waiver by I.endex,Barrmwer shaU pay
<br /> � � � to IBnder oa t$e day mnnt�I9 Papments of prtadpal aad iate�-t are gayable aader the Note,ontri t�e Note is gaid � .
<br /> . �a 8,u,a snm(herein"F�nas7 eqaal tn oa�tw�I�h or tne yearly vases ana asscss�nts(iuctnafing os�nauminium aaa �'-'
<br /> ` Y`<:� planned amit deveiopment ass�sments,ff a�►)cvLich may attain prlodty mrer tbis Deed of Trast and gmand rents an ;
<br /> -. . tliee Progeny,if suy.plus anertwelfth of Ye�arty Premian►**��+nments far baTard ias�anoe,pins on�tweiHh of pearlg
<br /> ."::�" prem;nm instaltments for mortgage i�smanoe,if any,all as�easunably estimated inidalt�r and from time to t(me Dy
<br /> ,. � ,.� s;. Leadei an the basis of assessments aad biits and reawnab2e estimates thereo� E�ower st�a11 not be ohl3g�ted to
<br /> . make sach gayffients af Fands w Lender w tite e�aent that Boaower makes sacfl g�prseats tQ tRe hoIder of a prtor
<br /> � '. .� .` ° mortgage os deed of uast if snc�ho2der is an inst�tutIoaal Iendra.
<br />. .. . � , ;:.� �Boirawer pa�s Faads to Ireuder.the Faads shaU be�18 ia an instltniian the deposit�os�aonnts of which ane ..
<br /> : �� . . . ..�''4i insared or gaaranteed by a Federal or state ag�ney(incduding LenQer if L�ader is sw�aa ins'�¢utIoa). Lender s4eall =-
<br /> .��•---,=--��. tz¢ut �:..:�,
<br /> .. '_.:s_.`;_. ssPP1Y the Faads w pay said tases,assessatents.insarance Preminms and gro�fl rents. L�ader may not c�asge for s� .
<br /> . : : hoIding aad aPPiying t�e Funds.analydng said aaoonnt ot veriPying and oompiHng said assecs�meats aad B�,nntess
<br /> i,ender pays Bormwer inte�est on the Fimds aad applicable law petmits Lendcr w make sarha cbarg� Bomower aad
<br /> ��,-;:��r�.:_.... ,`.�' Lr�det may agree in wStfng at the tfms of�tlon of tLts l2eed af'll�ast tbat fnterest on the Faads shall be paid •
<br /> � ,* .:��`�•: to Boaower,and u�ntess such agcement is made or app]icable law re�ses su�h inreresc to be paia,Leader shall not .
<br /> st h
<br /> � •°_r•.. =,�,:r �1C TC�(I1�IP.Q LO�BOIn3WCI 8IIj1�Cf�CSL 0!C3IIl�II$R OII 4hC '�QS. IICIIdCT£T?�Z�V8 t0 BOTiQWCIs WIt1lOIIL�SIgBr _�',,7.__•
<br /> : . , . :`; an ananal aeoaIIntmg of the Fhuds sIlawing�aedits aaa debits to the Fuads a¢s3 tii�pn�pase fo=wtdc�eac�delsit W
<br /> ; � .' the Faads was mad� The fi�ads are pl�ged as ad43donal seca�ity for the sums secared bp this Deed of ZYos�
<br /> .r. . . "
<br /> • � . `;.�.Y If tIIe amount of the Fuuds he20 Dq Lender,w8etber with the�mre month3q�ffi�FaaQs paqabte grIor ����'�
<br /> • • '. w the dne dateo of taaes.asses�ment�,insaianoe premIams and g�na r+ents„sball�oeed 1[�e�ant requtred to gay F
<br /> aa i�:T;:
<br /> �ta�s.ass�ssm�nts.insnranoe piemIoms aad gconnd rents as theq fall dn�,sarL�s�aU b�at Bo�e�'s �_;-_-
<br /> . ,. . : :<�.:.'; a�nu°II'either P�P�9�P�toBomower o:credited to Borrower on monthlq instaltmeatsof Fonds ffttt�amount �__`,��_
<br /> . . of the Fands heId by I.ender shall not he saSdent w paq tase.s,asse�mentg.insataaoe pm��as and�round tents ��=.-�;
<br /> � �� : as the�r faU du�Souawer shall pay W Lendet any amonnt neacssaty w make up tLe �in one or more =:��_
<br /> �;�_�
<br />: . . . ::�r. payments as Leader may nequire. s�;_�_
<br /> � . UFon payment in fall of all sums seaued by tbis Deed of Trast,LenQer s�au�em�tip t�`'vu0 w Borrowet aay �:�•.=:
<br /> . FimQs he1A 6y I.eader. If nnQer paiagrapb 17 hereoi thS Progerty is sold or tite 1Ftai�is otheravise aaqnired by �„ �-
<br /> `�' I,e�er.LendeT sball applq.no later than immediately psior to the sate of the Property�r its�equisittoa by l�eIIder, __-
<br />;• �� ' any FunOs�eW by Lender at the utme of appllcattoa as a caedit against the sn�sec�ed by difs Deed of TcasL �_.
<br /> . � ; 3� pppftmt�n ot P�rm�ta Unless app2icable laav provides othe:wls�,all Paymemts re�ivea try Lender nnder `e j
<br /> �` tIIe Note and paragaPhs 1 and 2 herwrsbaII De applied by LeaQet Sist in payme�c oramounts papab2e w LenQer by � e
<br /> � Bo�r aader p a t a g r a ph 2 hereo�ti�to interest payab2e on We Not�,and ihsa w t�e priac�pal of We Not� �'' ;�_
<br /> �- ��,t�� ._ :�� 4, Pr�nr Mo�tg�gffi�B Deeds ot��I3e� Borrowe:shall pe�foim�of Borrawer's obligat�ons
<br /> !�'� i.G - � I-
<br /> `., �.:f; uuder aaS►morc�g�,deed of trost or other se�arlry ag[eement wlth a licn whic�bas prloriry aver tl�is Dee�of Tsast,
<br /> y ,�� ' .;�',�.1 inclndia�Bormwer's ooveaarsta co make payments when du� Sormwer shall pay or cause to�e paid a11 ta�es, �� -
<br /> � . assessments and other c�arge�.6ne.s ana imp�itioas amibntable to the F r o p e r r q w L i c b may s u a i a a p r l o�i t y a v er W s �
<br /> a .. , � Deed of 1�rast,aad Iea�hat�payments or gcona4 rents,if a�r. .
<br /> T �,;F:`t,��..�' �.y 5 Har�d� ]3orrawer sLaU keep the improvements aaw esist�ng or hereaRer erecteQ on tho Pm�erty -
<br /> _ �;°��i•�'; '�j.:� lnsared against tas4 by Sr�bamrGs iacluded witAtta the teim"eatenQeA oaverage;ana s�cb otIIe�bardrds as Lender -
<br />-- � . '�� ���±� may reqnire am�1n sncl►ancounts ana ror anch periods as Lencter may reqatr� . .
<br /> _ • 'Ihe insurauoe carrierprovldiagthe insurauoesbaUbe c�osenbyBormwersnbjectwappmvalby Lende�;praviQeA,
<br /> _ �'�" �` . �hat sacb apgroval shaU cr�t be aareasonably aitbheZd A11 Insuianae polic�es aad reaewats tIlereof sball la�in a fusm
<br /> �: ;;,,,.;,.` i
<br />_; �.,;ti;: , . � . aaaeptablc tv Leader a�d r�aU laclaIIe a staadar0 mortgage clause ia favor af anA ia a faim aooeptable to lxader
<br /> - � Leader s�ail}f3ve the tig'�t w hol�the poltdes and renewals thereo�snDject to the terms of aay mortgag�deed oY
<br />° � . ;..�,;.r�; uust or ott�r��curlty sg�eement wtth a lien a►hic�has p:iarity aver this Deed of'hns� . .
<br />-- � :!';.:;�,� ln the esent of la�s,Bomower sball give prompt notioe to the iasarance caaier aaA I�er. Leader maq make
<br />-=- . pmof of to�if not made promPtly�y Bormwer. '
<br /> � if the Property is abandoaed bp Boaoa►er,or If Borrower fails to resgonA to Leader with�n 30 days fmm the Qate
<br /> � � roSoe is maited hy Lender to Sorm�ver that the insaranoe canier oSers to sente a edaim for ia�uuanoe beneSts.Iender
<br />-_ � � '�� Ls anthosfved to os�llect anA apply the insnraace prooeeas at Leade�°s optton either w restora�oa or repafr of the .
<br /> 'f' �P�Y a�r to the sums seaued by Uds DeeA of Trast
<br /> ... _ , 6 Pre�vation aa�d B�Isiinie�a� oi Pmpatty; I�RaiGs; � PZ� Unit Deae2op�ots ..
<br /> _ . . Bosower s1ia11 keep the Property in goo0 repait and shaU aot oommit araste or p�tmit impaisment or deterloration
<br />-=��: �. of the Property and shall comply wiW ttte pmvlsions of a�r lease if this DeeA oY Trngt is on a�easehold. If tbfs Deea
<br /> � .- � � ivn n2o�a&usaPr�nu�c�n�u�m n�u�rr �� .
<br /> . n��toe.�soa��ttst ?age 2 at S ' .
<br /> -�. .
<br /> ��,•• . ,
<br />__�;� . .
<br /> ,
<br /> - -'-.-,,, , � _
<br /> '+, . , .� , .
<br />- . . . . � i _ - — ___._ - -
<br />
|