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i::'.3`' s F :.� 1•:?.R � `/r ��.i� %� .:;.-Y, . • • ��y���� �c c• <br /> .. ��; <br /> . ' ' .".SSETi fi.'t E '.- '.�' _ <br /> , ..�._,_,�..� - . :; � .. �-r� � _. <br /> �s�� ` � r <br /> . - s . �ic .. r - _ .,` r, S . <br /> : i.-- - ." :.�. .. � i -3 <br /> .. -. ,.� .. :� -•.ir � . ' - - � _ ' ..=.-.r.-..-..---".---- '' - <br /> .. . � !, d _ `` �"""" �i , �}s,+,_�. <br /> _ , : <• 10/09/1999 , <br /> --° _ 801243 `'- '- _ <br />- _ �, : ��'�S� °�� ID���`� ��� �.� <br /> . ���,►�. 8�������� ,� . �: . � . �� <br /> �,e�a. �oauwer s�aII r�Y r� �II ane �� � � � . <br /> � �� . <br /> : _ . : ��d��aa�lare��s��a wriuen waiver by I�ader.Boaoa¢er stralt pay to �`�� , . `� <br /> ,. �.����saa�s�. s�i�����Ie�nder the Note.�Eil t�Note is paid in faU.a . `,. ..�. ,.. � _ <br /> � , LenQer on tLa day m�nthly�ym� �nm►aud p u�t . .-a.` <br /> ' `` 'Fmn�ds7�t°o��Y�Y�aatt aa�(�S �on @te Pru�►•� °.�.�,u<. . Y: <br /> ` �m l�¢ � w��9�aia Dstnrit9 ovet tL�s Deed of Trus�.and� . � <br /> � . �� yearlo# y yp��� ���p���b�y yI�an� .<� '' <. , <br /> ` ': far�� if�Y• all as �eas�abl9 � to�e susD�aym�nts of Fun�s .. ,.�..2 . ; <br /> � Bouower sbsU nnt be obligated m� <br /> ` : s._:� �aad 4sills an���1e���O to the hoWer of ag�or martg,�ge a3 deed of ticost if snch Lnlder <br /> __ -.,��.-�:• ta i�to ths eatent d�as Baaow�ma�s sncLPaYmems -=-- - v-- <br /> - is an ia�tlmdnnallend� d�all be l�eld In an iasdt�doa tbe d�s���of wh�sh ate t�• <br /> � . .- _ If Botmvv�F�gs F�s to Lend�.tbe Funds �sbail app1Y . . <br />_ ����iry a Fedeaal°r�C'IISindi�►8�and�.Ieader maY not c�8e,• far so holdin8 aad ;5, �. � <br /> � - the F�Ls to pay se��x�.� � ����a�bilis�anless lreader�ays , •' <br /> � • ' .; � aPP� ��the�����Yxndec to ma�e sueh a cl�-�eIId Isuddc maY a�� � _µ. <br /> � iaa�•at tbe tI�of�o n o f t h i s D�o f'l Y�t t b a t�a n t h e F�ds s6aII be�a�0�u Ba�a�.��� ` <br /> �� . , <br /> s��is made or appl�Cab2e I�vv requi����t°��'I�e�'sr s1�aD not be t�eqaIre�to pay Boaow�r -, <br /> ° tfl Boicowe�whhoue c�e.an aaaual acca�in8 off the Fandg �'1.� • _... <br /> . . , a�iatetesi a��aa th�Ftmds. I.endar shaL 8►ve r .. <br />_, .. �.,`' . ,•: � n>y� � <br /> � '''z �4v�g�s a�debits to the Fmn�s and�e pntpose for wbidh eash d�dt to Bie Fnnds v�as made.'1�Fm�a `.�{4`° — <br /> �,�'f; a S���Y 5ur We som�s�ued bY t�s Deeci of T�st. � '�.�:�`- <br /> . �. r P i� wid►the fa�ue ms�s���o f F i m d s Pa 9 a b p�t° 1`��. ;,. <br /> � � : `r.':. If the amaant of die Bueds held isy L�der.to� . : <br /> ������dte a�uat���� <br /> ' ::: � the dae dates of ta�e��s°�au'°e� �� ��cess s1ta11 be. at Boaower"s aptiop+ '��>�: --.--T <br /> _ ' 4 °. � ����gco��enta av d�e9 �af Fauds. 1�die�mauntof ti�Fa�ds :- . <br />. - y . :.,, '� , . . . <br />_----- .- .-�.�: eiiher pxo�t��m Ba�°1�����cas�ance�S��'0u�re�s as tth�Y f�il d�. :�". _ `,r� <br /> . > ,' �td jyy I,�er s1�aII not be saffcsieut to gay in one ar�o:e PsY��Ierder may► -- <br /> .. Boaower s�l PaY to 3�r an9 aw�n�m�ce�9 0��ce�P c�:defideac9 <br /> IIT� ,7 <br /> F ��� <br /> W aYYHn1P l-^"�" I lay!�'�F�". <br /> �' S��11 t�s�2e3 I�nder S�ali P��y��nd x.. : •�..' ;�:�,_. <br /> '�' � ' �--- <br /> -- -� . "','." ��infailafalls�s - <br /> of 7Y�s. ,:.-��•' <br /> r;'' � held by I.eodec.If u�er Farag�17!�f fl�e PmPert9����e�is oth�svlse aalaice�tiY Leod�.Lend�r ..;,:: ;ti��•: <br /> � � y ro t�e sals of�e�a�Y�its acqa�n bY Leoder. aa9 F�+ds�etd�yy _ <br /> ,��-� sLait aBply.no lates t6aa immedtarelY P� �sams sec�od by t�s DeEd of T=ugt. .. � <br /> :.=:•: - �� � I,eaqer at Qte ttu�of s�►cation as a c�dlt a�tnst �����tbe _ <br /> -� ' 3.Ayplicattoa aR�� Unless appl�cable law pmvldes athraavise.atl FaY�� . `' ' ,,;'�� <br /> � �''�=`�� 1e to I�nderbY Bo� _ <br />. � . 1 aud 2 nereof sLav be applied b3►I.ender s�sc in paym�c2 m��P� ..: ...�,:,� <br /> ' �� ' � j `, N�py��2 �then to inte�est payable on the Nate.and d�n w the�1 of�e Not�. � . �-- <br /> � ana Deeds a4 Zyrask CLatg�sf Ideas.Boa�r sbaU Pedn�m aQ of Boaower's obli�t�� , ,.' :: .,:��._ <br /> . : 4. l�ar Mo�of anst or odier ser�Itg a�me�wlth a li�wfiich has pdorit�►ave�this Deed of Tc�t. ; .. `:�_� <br /> ' .��`s iuWEr an9 m�c8�+ �dn�.Bomawer sLall paY ur cause to be pa�all�aes.ass� � <br /> _-��= �g Boauwer`a caveuaats W�e�y� wldch may susia�a prtmity ov�tbis Eir�c+f'Ts�, �-�-,� _ <br /> . .. �. aad vtLer�rges.�aa�imposit�s amibntabte ta the Pccr�ezt9 - _=- <br /> ' . � . . a1W teasehoi�pa9m��T�O°����' o:heae�r e�ted on�PiuP� . . �!�_- <br /> . 3. �s��� 8omawer sball��e�m��0c���•��a�er h�ards as Lender� . �: .Y��V-=,.- <br /> ;�s;.. � � imv���ss f+9 fue,���od5 as I.Ender maY�• � :,Y+, .,:�-�= <br /> Y reqoi:e and in sac�amu�ta ���be chosea by Bo�ower sab�ect w eppraval bY�a�:D� ,,,��''r- —_ <br /> . : :�' 1ne�as�ancs caaier Dr�d1�8 I w1�held. Ali in�polid�aa0 tenevuals�etoof shaD be in a faim - ';�-;- - <br /> .. . ± S�at sucL�p�ovel�n�t be��►Y ��in favor of aa�iu a fas�aa�eptabEe tn Lendet. I.ea� . :, ;�-;~�``:� <br /> �� .��'. a�oepmble to i�nder and shall inslade a standand mnrtgaSe d�eed of uast ar a�i , _., . � <br /> � sball bave the�t w hoid 8ie po]ides and ren�cvals thereof�s�;�xt to the tams of aa9 mort8age+ 4�,F_- <br /> r �� ., ' ' '• �y'�e�t witha lien wWch ha9p�torlty wer�is De�ofTiust. ��f . ,:_.,�F. <br /> . .: Ia the event of 1as9.Buaowe�s�S�'e p�t n°�ce to the imv�an�oe t�er and Lender.I�endec ntiaY . T .�. <br /> F ' •� . of loss if uatmade DmmpdY bY Borrawer. n�W LenQec wltLiu 30 daye fmm the da� ,;.� ..'���`�.':: <br /> y <br /> ' .I� . Ig$1C�18 8�f811d0��Y B�E[OVlCrs Of��W2i�1.9 W Ieb'p0 .. .v..:::.'. '�. <br /> w <br /> :'� • � uudce is mailod bY I�er to Boaower tLat die insutauce caaler offers to seule a claim for insu�cx bene8ts.I.ender is -:- <br /> `.�;:. y I the insw�ance pmceeds at Ixnd��e°P�on eIt$er to r�on ur rega�C of the Pic6pe�t9 or � . <br /> ,`.`<`", : a�uh+aliud to colleit�s1 app Y ., <br />�`�;' . � � ', this Deed of Tiase. `;� � <br /> ° �r. to��os secared�Y �� ot Peoperiyi L�sehaadst Condamint�si Pt�n�e��nft Dev e l o�e�• . . <br /> ��� � �. �v�� � sepais aad sbaU aat cammdt�vaste or pemalt ia�a�°=d�°II of ths . .�.;...�..� . <br /> � . �a u m�s h a l l k ce p t h e�P�►Y�g� on4�f a�q lease if tLls DeEd of Tmst�S on a�0 1 0.I f t b i s D e e d o f T N S t i s �',;..1:(;,ti: <br /> .� '' pcpperty and shall comptY with the p:ovisi . ''...,';,,,�,. <br /> �� � � aa a anit 1ns co�omaniam os aPlanaod unit�Bouawer sbetl p e�fFo:m all of 1?'��aawer s obllgada�ssan�r�e . . <br /> ��'� �� ' os ov tbe candomininm ur Dlanned unit development.the bY-laws�regatattons . . - <br /> ���. . : �• decla�tion or coven�anffi cteadn8 S �n8 • <br /> t;'� � at laaa�ed ua�t dcvelo➢mem.and coasdtaent d�oments• . <br />��.:,,... � of�..aw*�_.dom�niam D tform the caveaants a�d a���im�s :. <br /> � 9.�i�satedl�°n oY Lend4i's�It9•If Bosmwer fails ro Oe � '��� . <br /> �"�:� n is wmmenced w h i c�m a t e r l a l ly sffeas Len��s i�et�ia the Ptapest9. . <br /> "'�� , .. .� Dee@ of?msR.or if 8aq atdoa aT p�� dlsbtuse sus� sams. iuciu� <br /> 3�'� .. . Lender, at Ixnd�r�s o p�n+ upan nodce to Bor�ower. may make snch appeata�s• . . - <br /> .. ,end�r <br /> } � reasa�able au�Ys�foes.and take saeL acdan as is neoessazy►to Pm���S��Y P�O��tO . <br /> � ' ; iasmaace as a c�ndiflon of makin8 the toan secazed bY tL�s Deed of Tiost.Bonawer in accoidanse alth . ' ' : ' <br /> . .. . , ;. � fos snc�lnsuranfle temilaates <br /> , � mainta�a snd�iastuaate in effert undl sncb time as the r�� _ . . <br /> ';`� � � Bon+awer's sud L�nder's wrtuen a�eemeat or eDPlisabte taw. ... <br />.'� • amaunts disburaed by lea�er Pntsuaat�°th�s Pa���.adth inter�est theteon.at the Note tate,sha11 become . <br /> �::�' . . addidoaal ladebt�daesa of Bormwei socumd bY tbis Deed of Tn�st.Un2ess Bmrower and Lender ag�to other tem�s of , <br /> j le nodce fmm Ixader w Bomawec roq8ssda8 D���� Natbing • <br /> �' , � oovtaiaed in th�s patag�ayh � FaY� � or take anY acdon herena�der• � <br /> � 7 stiall sequ�e I.euder W intvr aaY expease . <br /> c,�: ,. 8. �n. Lender may ma4cee or caase to be made�easonabte ennies Won aa�iaspe�dons af the PmP�Y• <br /> m ��bie c�se thenefor re1ated to <br /> . provided tLat Lea�er shaU give Bmmwer m�tice prior to a�t such imspe�dOn SP�d� _ . <br /> � <br /> ., . Lender's interest in the Pmpert�►• <br /> :: ,t • 2ot3 ' � <br /> �� � Nexzasre Z6a7b9 7�7 Csigiaal(Rocor8odl Copy�esfsach) capy(Cuo�o�arl p°�' • <br /> : . . . " , " <br /> �,.. i _.�—_._.....__.. ..--.._. — —_------- - <br />