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<br /> HorzovMa�oovenanu th��Ao�i�o��AwhAly xizcd of the at�tc hereby oonvryed and has the tight to grant and ,
<br /> ooavcy the PropatY.u�d tlut the Prape�ty Is unencumberod,exoept for encumbranoes of reoord. Bormwer covenanta thAt
<br /> Bormwer wu�sds �nd �viU defend �eaenUy tho tiUe to the Property 4gainst all clalms and demands, �ubjoct to
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<br /> encumbrsnoa ot recard. •
<br /> UMFOR1�t COVENANTS• Horrower and Londer oaNaiaat and egrx as followa:
<br /> 1. Payne.�t of Princlp�! and I�ter�e�t. Bnrrower stwll prompUY paY whcn due the princIpal aad intereat
<br /> l�debtedness��� the Noto uw!late charges and other charaes as provided in the Note. ,
<br /> : _"_—_"F�;
<br /> Z. ���eat ot 7ues, Subjoct to applicablo law or�written waiver by L,ander, Borrower ehall pay taxa aud
<br /> rssaaneau(including oondominium and plenned unit development sssessmonGC,if any)which may attein priority over t2w
<br /> Deod of Tn�st,and graund�enta on U�e Properiy,lf any.
<br /> 3• APP�+��of Payment�. Unlea appUcable law providep oth�twice,all payrtxnu roceivod by Lender under
<br /> the Mote and pu�gr�phe 1 and 2 heroof ahall be �ppliad b�Lender fint ln payment of enwunu payable to Lender by
<br /> Borrower under p�ragraph 2 heroof,then ro intercu payabk on Ihe No1e,uid�ben to tho pr�scipal of tho Natn,
<br /> �. trior N��tp�aw D«i�f Tnati Crar�si Li�. Harorwr�IWI perlbrm W�t 8orrowrrs abU�dow
<br /> ��4'�P10.do�ed d trwt a ot�u�arib a�nam�t w�kA a Uen rvhich br pdo�ty aror tl� D�ed d TnM,
<br /> lncludlas Borro�s oo�rea.nu a m�ke p�ymeaa wba,eue. Borro�er�u pry or awe a ae puld,pior a de8equm�,y�
<br /> dl ta�oet,aMeM+nMts�ad alher ch�r�tluer wd liopoddow�arlbuuble�o the Propaty whfch mry amin a pdority ovar
<br /> thl�Deed dt'I'nnt,�nd las�el�old,pryn�u ar�round roau,It apy,
<br /> 3. HwN Lw�a�ee. Horrowar th�ll lceep the lmproyemp�nov►�aadpin�or h�mR�er arockd aa tln P�oppty
<br /> �nardd uaimt IaM bY Me.hwrds L�cluded a�thie the tum"extaKfed co�venge•,aud a�ch dher haz�rds at Leuder may
<br /> iaquire aad ia a�cY amounq aud 1br ach periods�t Lender may tqquire.
<br /> The innv�na c�rrkr pro�vidins the inwnooe tball be ctaan by HactowKr a�bject to approw�l b!' Laider�
<br /> Pro+�ided.tlut a�cA aparw�l rhW mc be uan�.on.biy wi�hh.•t� �i!in�sra�p!iciw:s�C:�„-�:1:•.�;d.`-.:,:�i�o;a s
<br /> ibtm sooept�hle Io I.erOer�ad:6a1!inchde a u�t�d�rd mortg�o�lauu in�vor of�ad!n�a tbrm aooaptsbk ro I.eader.
<br /> I.eoAer�6all baMe tb ri�6t to hold the poaicia�nd rooe�lt tberoaf�w�bject to tho ternu of any mort�n,deed af tcv�t ac
<br /> otber reaaity apee�qit with a liea whkh ba�prioriry wa thls Deed of Tru�t.
<br /> In tbe avmt of lp�Borcow�r�ll�ive pmarpt notia to tLe inauunoe carria and Lender. Leuda mq mdae
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<br /> jrivVa Ma N�u aR7171�{K�/[DI�[�r p��(�'r• � -
<br /> ��P+�A�9����d by Honoa�er,or if Borrower fiils to n�pond to Leader within 30 dry�8+�tNe drto
<br /> notia u nailod by[.aider w Barrow+er th�t tbe Inw�ana carria a[ter�to scttle a claim ta inau�anoe bwolits.Leader i�
<br /> autlw�ized to oo,llat snd apply the ineuru�oe pcooeedi�tt 1,et�kr��p�toa athor to ratoration or repair a�'the preppty ot to
<br /> the wnmi�eaued br tbls Deed of Tcurt.
<br /> 6. Pre�en►ad.on a�d Malsteaa�te d �ropert�i Leardlo��; Cordo�i�iNnMi ll��ed U�it
<br /> �el�p�e�b. &RiawcrfhW kaP!ho PropertY in 600d�pi��nd rhtU m#wma�tt wrute or permit imp�irmeat or
<br /> delerio�eatan d tbe�+�p�etty:and�b�li coml►�Y with the Provition d any lawe it thiB�Doed of Titiat u on a le�ehold. If this
<br /> Daed d'IYpst is an a molt•ln Y 000r�clo�niaium or a plarmod unit develepment, �r��hitll perfocm W of Bomew�e�s
<br /> ablipliom�a�der tle dedsr�tlon a ovyeoams cratla�a�overnin�We 000dominlum or pltnoed tmit 4evelopoeat,t6e bf-
<br /> lawt asd re�latiooi af the coodominium or planned uniR der�elopmeM�aad 000stititmt doa�maib.
<br /> 7: p�''o.taqa�r�(?'I.7eN11�h?l�caritr. If Bor�ow�er faik to pstform tbe aovennh and�peemeaq oomiood in . ., .
<br /> rh;s neea oc'I'��p�.it�,dan or po�ed;ns b oomma�oo�a whith m�ceri,�ly�eCh r.eaaer�ipl�eit in che Ropaey,;', '.:
<br /> thaa L�eud�t. at L�p�!�i�p,�qp,�yppr boNoe to Hormwer, nuy m�ke m�ch �ppeannoet„ diibutre ruc�wms. iecludio�
<br /> �����Ql�k!M�R N�oQrth sction ai u neowary to lxoloct Leador's inoaat. If Lender requirod mcrtp�e
<br /> imucanoe is a os�Mliiq�4�,�nMF4r�o�t'�bcund by tW�Daad af Tnip,Haro'rver sh�ll pay tho pradua�reqr(red w ��
<br /> nuintain�uch ina�oe in e�iecx w�W ach time�s the raquirament for n�ch insivance i�tormiaa�ed in�000rd�nx n�ith
<br /> Hom�s�t�ad Laoderti writ�ea asroeme»t or qiplicabk Lw.
<br /> AnY amou�s dl�bur�d b5'I�r Pu�w�at W thi� p�t�gr�ph 7, with int�naR theiroon, q the Note r�e, tlWl
<br /> beconie addidaoal iadebedpas d Harrower�oaue�.by this Deed�'Tnnc. :lJnyosa Homow�er wd Lendar agoee a aher
<br /> tam� af paymaat,wch amouats �hall bc pRy�bk 'upon nMioe from I.cnckr tn Hoisnvver �o4ucaHnB P�Y���of:
<br /> N��6���a�p�graph 7�tuill roquin I,ra�der to incur arry cxpense or Wce aay�tion haeunder,
<br /> �. ls�peetb�. I.eader may melcoq�ar cawe to be mac�o reasooable.entda upon.#,o�d in�pectiow of the Propaty.
<br /> pmvided tLat Lauder alrll jhe Bonv+rer notioe prior to any wch io�peQiw►�'io�reuoo�k c�awe thatabr ralMed b .
<br /> Laoder'�irqe�ert ia tle Property.
<br /> ?• � TIiB D[o�edt oC�m tward or claim fer el�nurr d�.w•e....r........�....�.� :� ---- � .-.
<br /> ��Of OVICr -- ---.--•—��.�.�.�......�q...w1...w�www� wwa
<br /> ���t11M��b0 �0�1�iE�f0�1�.Oi p�f��Ipp�,Ot f0!'COaVCy�llpp 1II��dl 0�� ifi9 bOIC�IJ
<br /> p�id to I.ender. subject to the dglty of the holder of attY mortga�e,dood of tnut or�tt�er�ecuriry
<br /> agroemeat�vith a liai which hu prlority ova•thia Dood of'Cn�at.
<br /> I0. Borrmrer Not Reka�ed; Forbearance ey Lender Not a Wdver. F,xtcacion of We timo for payment or
<br /> modifcation of�uno�tion of the wau socurad by tlils Dood of Tnut graotod by I.ender to a�ry a�ootsar in intae�t of
<br /> Horrawer �11 not aperete to release, or ahcrwiu �'ett in any mArma, the Ilabflity oC tLe odgiml Horrower �nd
<br /> Born»ver'•wooe�on in lataat. I.�nder�11 iat bo nqnirod to calrunence pr000edings a6ainst�uch a�caawr or rdhse b
<br /> exteM dme for p�symeat or athawiee modlfy amo�ation of the winz iocural by tLia Dood of Tnut by reaon of�yy
<br /> de»und m�de by the original Botrorrer uid Bortower's wooeaon in intercst. My lorbear�noe by Lender in e�oa�aisiu6�Y
<br /> ri8ht or r�mody l�creuuder�or otherwi�e�o�dod by�pplirabl�law,shall uot be�w�ivcr of or procludo the ezaCise af auy
<br /> a�rch riAht or nmody,
<br /> Form�739 NB (10/96) P�e Z of S
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