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<br /> 8orrowa o�F�ant�tlu�t Aonc►w�or b I�w1Wiy�elYad AC the.�le henby a►rtveyed�nd hia the ri�ht to�rnnt+�ed . . �
<br /> coavey tM Pmp«sy.u�a uw uie Propeny a unena,mberoa,e,coepc.tor ona►mlx.ncm or reo�ra. eorro�or oo�sn.nu�n.t
<br /> Bamwer wur�nla ub wlll daf'end �ener�lly the tltb to the Property ��ainu �II cl�imi rnd demandr, svb)ect to
<br /> a�cunibnaoK of r000rd,
<br /> �Nlt''QA�(ZQO'V'�l1AN'I'S• Borma�er atd L,endar oovenaat and�aroe u follows:
<br /> 1. rarweaM of M�eipal �d leter+at. Aorrower rhall pranpttY PaY when due the priaclpal uW iutero�t
<br /> iadablednea evidenoed by tf�ee Note urd lato chsr�a and oll�er ch�r�a u provided in tbe Nda
<br /> 2. t��e�t o�T�p, SubJect to�ppHc�bla!aw or�written waiver by Lender,Hormvver thall py t�xe� and
<br /> a�puner►ta(iacludin�aoodominium pcW pUnnod utdt developroent as�aan�nta,if any)which mty�taia priority�ova t61s
<br /> Deed of Tnut,and ground renb on the Prcperty.if any,
<br /> �. ApplkaHa af Paymeet�. Unka�pplicable law provides ott►erwfx,�11 paymenfa naived by I.mdec w�dec
<br /> the Note�uatl p�hs 1 u�d 2 heroof�hall be appliod by Lcnd�r 8r�t in psyment of acnounb payable to Lender by
<br /> Borrmv�er under paragnph 2 hereof,then to interest payable on the Note,and then to the pdnctpal of the Note.
<br /> 4. Mer M�a�..a nee/..r nnu�eWr�aq L� Honow�er�uu perfam v�or a«m�a'i oe�li�
<br /> unda any mottp�e,deod a�'mut or ot6er�ocurity a�reana�t�vith� lien which fw pciarity over thi�Doed d Tra�t,
<br /> incmdini Aatrower's oovea�nU w m�ke paymrnt��vhen due. Bo�rower dull pRy az aiu�e to be p�id,prior to ddinquax.y�
<br /> �11 wcd,�nenu�nd ather chargp,finea and impocitiona�ttributable to the Property which m�y atG�in a priodty wer
<br /> tbis Deed af Tnut,and leauhdd p�ymaus a graiM rents,if aay.
<br /> ' S. H�IYtI'i�[C. HOIiOiYC!1�1��1110 11�[�dY�ll�l!1�D'W,EXlf�ll$'OT��C[Ct�OdOd OII(hC,pJ'pQEi1r
<br /> i�a:�ured�imt las by Sx0.havuds included wiWin the tcrm"exteaded ooverAso",�nd e�uuch at6er h�rde as IAnckr may
<br /> • �reqnire wd in ad►amou�ntt s�nd for wch period�at I,ender may cequin. .
<br /> � T'!re inrorana a�reier prwiding the inaranoe �11 be ctaeen by HortmVOr a�Ljoct W app�o�val by Laober,
<br /> ' ' prav,lded,tl�at wch approrv�l siWl not be unrcaao�bly withheld. All inarance poiicies�ad ren�rv�ls tl�aeat�11 be in a
<br /> form aaxvhbk w I.aaer�nd sl�all include a aiandar8•moct�uee cWae in favor d and in a form aoxot�bk to L'endor.
<br /> • , �iendac �11 have t2�e rigl�t ta hold'the polides�t�an�wa'ls t1k+�eof�Nbje�t w tl�uri�w a�'�ny mai�e,bad o�trud a
<br /> �'� otl�a�oauitY�poa�apil�vith�a l'teti whieh b�e priarity aNec thi�Deed af Tnurt. � . ' , , . �
<br /> L Nie tveu4 d;1a�.�Horiawa t1�11 l�Ivc Prompt notla W We inwr�noe c�rciier aad L.ender. Lsader a�ay.�mate �
<br /> . ptcbi'vt lac ff aiot snode y►omptly bY Horr�►+ei. .
<br /> If We Propeity is��doned by Ho�rovver,or if Hoccaw�er faW W re�pond to I.ender wlt6in 3�dfyt �an tfie dste
<br /> notice i�m�iled by I.mder W Borrorrer tbat the lna�ranoe aiMer a�'en w eeuk a cl�im fa inwemo�e beoe8b,IAOder u
<br /> �atborF�ed w oolbct�ed apply the inacana prooeeds x I.enda�'�aptioa dther W re�toradwn a n�ir d We Piopmty a to
<br /> the wut�ecuted by tAi�Deed of Tnut.
<br /> i. Trs�errMior a�d MdNauee af Tr�ert�'i I,p�Wd�; �i llari O�it �
<br /> � Hocro�rer�lWl ioeep We Propary in�ood�ir and�11 mt oommit wr0e a�paf�it iqnitmrat a
<br /> de�onlioa d the Piope�ty aad�halt ooa�ply wiW tLe aavldan of aur M�e i[tluii Deed d'11mrt i�aa�ie�1oW. If td�
<br /> Deed ct'I1rwt iu oa�uait in a ooedominiwa or�p4nned wdt deYdo�at, Horzower tlWl pedb�a W ul9arowa�t
<br /> abiiptiau�mdec Wa declu�tian a oova�anu cradn�a�orerdoa tbe ooadom�aium a plwied unit d�lop�ent.t6e by-
<br /> law�md tesuladons d tbe 000domininm or planoed wnit develoQmmK,and ooa�tidxat dopun�b.
<br /> 7. rr�teetbr d Le�der'� Searity. If Hono9va SiiL ta paform the aoveawnu and qremeats aormincd in
<br /> Wii Deed et Tcwt,or if aay action a qaaodin�u oommeaoed�vhich m�tai�lly aBecu�I�a's in�erat la d�Prope�ty�
<br /> , tho.L�ader,at I.enae�. option, upon�ootioe �o Hararer,m.y m�k�e n,ch,ppe.r,noe., ai�bu.e:�+�r��i�
<br /> t�loo�ble attoruays'lees,�nd Woe 1uCh attion at i: neoeutry tD proteCt I.ender's iotEreR. If L{��4!!A11�>.9��AT3
<br /> inar�na is�000ditioa dm�kina the lwa�ecured by this L�eed of Tttm.Horm�rar ctWl pay t6e�}�Ml�1!lfi�,1'1�b�
<br /> mAfmain a�ch i�oa in effoct u�til wch ti�me�s tbe reqairaneot for auch i�r�m;e a tamin�ed��
<br /> Ho�tn4ve�'�aM I,lad�7'��nit�Ct�ag[oemeat o[appliCable 41W, �t1;r?l A71�AA73N.NJQ�IM�
<br /> Aary amournr di�rsed by I,earier purannt w thi� p�a�aph 7, wlth lntecest thaea4 at the I�ole raoe, �,
<br /> b000mc�ddidonAl indebtadncu of Bocrow�er�eared by thia Daed of Tnut. Unlar Bornower aad L.ada�pee W other
<br /> ternu af prymeot, such �mounts �hall be pryabk upon notioe from I.ender W Hornowec requertie�pymmt Uieroof.
<br /> Nothing contAinod in this puagcaph 7 st�all raquin Lender to lnair auy expenso or Wco any actian he�eunder.
<br /> a. iespectia. I.ender may makn ot cauee to b�made n�a+onablt eatries upon a�d impectious of the Prnperty,
<br /> proti9dud t6at Lat�der i6a11 Sive Borrower notice prior to a�aich impecxlon epec.iPyins re�oo�bb ause tl�et+elor t+d�ed b
<br /> • I.eada'i in�t ia tbe Propecty.
<br /> 9. Co�utioa The prooeec�e of say awa�d or claim tor dtu�ag�a,direct or oomequenW�l,in oo�ooectba w1W
<br /> aao�candesnnntian or otl�a tskiat of We Pronerty.a wrt theroo�or for aonveyanoe in lieu af condem�utio�,un hadrY
<br /> aodsued aod r�!! be pRid to Lender,wbject to the rtghu of fbe bolder o�'a�ry mort�e, deed ot tcmt a d6sr ie�vdty
<br /> aa[ameat wiW a lien Mhich has priority vv�er Wis Deed aE Trost.
<br /> 10, Borrower Not Rekiued; For6earance ny Leader Not a Waiver. Extensioa of tde time for payment or
<br /> modificaUon af Amortuation of the aws oecurod by tW�Deed af TctaK grantad by L�enda to any acoa�or i�inkrat af
<br /> Horrow�er �hall not operak to rclase, or othe�vi�e �tfed ia �ny m�nner, the Wbility a[the origiorl �ort�er �ad
<br /> Hor�ovve�s auooes�o�c in imereat, Lender stall iwt be roquired W aommenx pr000edings again�t ach sucoeaot o�reth�e to
<br /> extpd time for peyment a�n�x modify amortuntion of We ams�ecvrod by thi�Daed of'I'nut by rawi►af aay
<br /> dem�nd made by the origlwil Bonmver tnd Horrovra'r axeessors in lntcc�est. My fabair�noe try La�da in eaarc�in6 snY
<br /> rigt►tt or remedy hec+�uoder�or atherwi�e�fforded by�pplicx�ble I�w,stull not be a waiver of or ptacluda the exa�ie o�'any
<br /> ach right or re�aty.
<br /> Fonp M739 NS (10/96) Pye 2 of S
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