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<br /> :�� /Q��� 4905751 10/31/1997
<br /> ..���� Jb3L J �ST3RM11NN . JaNNIFBR L FiBSTBRMANN �T�
<br />��r:'��� � UNIPORM COVBNANTS. Barrower and Lender cuve�unt�ud agree�s follows:
<br />__`;'~�Y:�� 1. p�►� ot PNnclpd �nd L�ta+est. IIatrower sluld' pmmpdY P�Y when due the principal And laterest —
<br /> ��-=:: i����f�p��ay the Note aud Iare ctu�rge�as provided In the Notc. ��ower shf�U paY to
<br />`��u.���� Z��,y���T�u,��e�nd Ir�urance. Subject to�pplluble law or a written waiver by Lender.
<br /> 'ti`-'%� [„ender on tUc dny raonthlY A�Y�n�of pdncipal and Inar�ct ue p�Y�ble under the Nate. uadl the NMe is ptid in full,a
<br /> � � swn(henlp "Fuixls")alwl to one•twelfth of the yearly tues xnd assessmeaua(iacludinB candaminium �d planned unit .
<br />����;;;� iY which may Rtt�ia pdortty over thla ihtd af Tnut,t�ad�raund ce�us ou tho Proparty.if
<br /> - development�sses�cmente• �►Y)
<br /> ---_ � --- any,plus one•twelfth of yeuly prcrntum tastallmept� for hurd insw+tnce,plus one•twelEth of yesuly pretniwn insttUments _
<br /> �� for mortg�ge i�unwce. if�ny. �ll as re�sotublY csp�a�d lalt��ally �ud from IE�ue to dnu by Leader on the l�asis of
<br /> ��;;;,�� �ssesscnepts and bips�ad reasonable esdmites t4ereot Bomower slull not be obligaud to mRke such paya�ents of Funds
<br /> .,�a..� to Lenckr to the eateat ttut Borrower u�lC�s such Piyroents to tbe holder of a pdor mongage or dad of uust if such 4older
<br /> is�n insdtudoa�l leadcr.
<br /> =.n,;..r��� If Borcower psys Funds to Lender, the Funds ahaU be deld ia an iustitudon the deposits or accounts of which are
<br /> ._:�;�-'.� iacural or gunnncced by i Feder�l or stau�gency<incl�ding Lender If I.�nder is such an iasdtudon).I.ender stWl aPP1Y
<br />--,--ri,.:= a rcini�ns v►d 8round rents. Le�xler may not c6arge for so holding and
<br /> -_:�� tI1C FWI�I.4 tU y said t�ucts. assessmccnts,insur�nce P said�ssessments wd bills,unless I.ender psys
<br /> �PP1Y�A8 �Funds. u�tlyztn6 s�d account or vediy�ag�nd compitin8
<br /> -.`�'�"��� Borrower interest nn the Fw�ds and appltcable ltw pemiits Lender to m�ke sucb a charga Bomnwer and Lender mnY�gca
<br /> :�:,��
<br /> ;n wridng At the dmc of eaecudon of this Deed of Ttust that lntenst on the Funds shAll be paid to Horrower• ���ss
<br /> �� svch agreemem ia m�de or�pplicatble law cequir� such laterest to be pnid. Lender slu�ll not be roquired to of the Funds
<br /> _= = any interest or�rnia8s on due Funds. Ixnder shtll give wfor wl�lch e�ch debit�togthe Funds wu mt►de.17u Funds Are
<br />--- --_�' showing cmlitsti Aad debSts to the Funds and ttr Pnrpose --
<br /> _--- ° pledged�s nddidonwl security for tUee sums secured by ttals Deed o�Tnut. of Puntls pxYable Prlor w
<br /> .-..Y� If the unount of the Fw�ds lkld by L.ender.togettaa wlth t6e f�ture monthly iastsllments
<br /> � the due dates of t�uces. assessments, insurance Pcemiun�wd growKl nnts.shaU excced the amount rGCluirat to psy sAid
<br /> qu�es, assessaxnts. iasur�me Pnmtums and Bra►nd reds s�s�hey fAll due,such eac�ess shxll be. u Borrower's oQdon,
<br /> �-'�" cit6er promptiY repxid to Bo�rower or cc+edited to Bomowor ou monthly ir�stallmeats of Ftwds. If the unount of tlie Funds
<br /> held by Lender st�aU not be sufHcient to piy tue�,�sessments.iasunu�ce Premiumg aud 8cound na�s as thoy faU due.
<br /> — Horrower sball PaY to I.ender any amount necessary to malce up tliee deficiency in orc or mon payments ns Lender mAy
<br /> — - trquire.
<br /> -- Upon PtYment In fuU of all sums secured by tlils Dad of Tnut. Le�cler shall promptly refund to Bo:rower�ny Funds
<br /> held b Lender.If wder pangrAph 17 henof the Prop�rty is sold or the PropertY is otherwise acquind by Lender. Lender
<br /> y �e!���sr nf the P�ioQerty or its scquis3don by Lendet, any Funds held by
<br /> ----- sLall apply.no latcr ti�ta it��itly p
<br /> I.ender at the dme of applicatton�s a credit agtinsc the swns sec►ued by this Deerl of Trust.
<br /> -- = 3.Appliatiop ot Aa�md�ts. Unless appUcabk uw provides otherwlse. all piyments cecele to Le�er br Bo�rorvrer
<br /> N��p�rogrnphs 1 and 2 6enof stu�ll be appited by lender fi�st in payment of amowite paY�b Y
<br /> under ptu�gr�pl►2 hereof.then to inteKSt pnY�t►le on tl�e Note,and then to tLe PrinclP�l of the N�te.
<br /> 4. Prtoe Mati�es u►d Deed�ot Truni C��: Ua�.Borrower sh�ll perform xll of Borrower's obHguioas
<br /> under any mortga�e, dxd of mist or aher securicy �meat with a lien which h�s pdodry over this Dood of Tnut�
<br /> �I��g$pI[�OVYCt�B COVClIw11t3 t0 i1lAjCC��CAIS WhCD�C.Bosrower shall Wy or cause to be paud all au�es,acsessmec�s
<br /> ud othec chuges. fines and imposidoac utributable to Ihe Propecty whiah tasty attain s pdodty over dils Deed of Tnuc.
<br /> - and lessehold pt�yments or gtouad rents.if tay.
<br /> S. HwiM Iawnna. Borrower s6all keep the la�pmvements now exisdng or hereaRer erected on tbe PmpertS►
<br /> insured sB�t loss by fin,harards included within t]�e term'eatended coverage".und such other haucds�s I,eader mRy
<br /> requic�e nnd in such unounts end for such pedods as I.en�er any nquin.
<br /> '.fhe imvunce ssucier pmviding the insunmce ah.all be chosen by Borrower subjoct to appca�v�l by Lender:provided+
<br /> �h�t such �ppmvtl s1W1 not be unre�sonaUly withh�ld. All insuru�ce Policles and n�wals tLeriof sh�ll be tn t form
<br /> �cee�utble to Lender and shaU include a st�ndud °�°�tB�Be c����vor of�nd in A form�ocepbble to Lender. Lender
<br /> st�111nve tLe dght to hold the policies aad re�vvals thereof,subJxt ro the terms of any mortgage,decd of uust or other
<br /> - �cu�ity agi�xment with a Ifen which h�s prlodty over this Dad of Tcust.
<br /> In the event of loss.Burmwer shall give prompt notice ro the insurance carrler�tnd Lender. Lender mty mtice pcoof
<br /> --- of loss if not made PromptiY bY Borcower.
<br /> _ If the property is abaMoned by Borrower� a if Borrower Fiils to nspovd to Levder wlthin 30 days from tLe dsu
<br /> potice is mAilal by Lender to Horirower tlut the imu�oce curier offers to settle a claim for Insurwc�beuefits� Lender is
<br /> --'a authorized to colloct and�pply the ia4urmce proaecls u Lealet's option either to restor�don or npaiir of the Propecty or
<br /> _ _.-.. �=' to the su�secured by this Dced of Ttust. �tb; CondaNniunsi Pfamed Udt De�dopmen�.
<br /> ^C�..�� 6. Prc�en�tlon and M�inten�na ot Prope�t� �or cktedoradon of the
<br /> -• .y^��,., Bon+ower shall keep the Property in good rep�r and ah�tl mt commit waste or permit impa��me
<br />_`::�.1`��
<br />:,,�.._�;�`.n. p��,�d sh�il comply with the pmvisions of my lease lf tlils Dood of Tnut is on a leasehold.If tWa Deod of Tn�st is
<br /> "� on�►unit in a condominium ar a Planned unit developmeat,Borrower shall perfora►all af Borrower's obUgations under the
<br /> '.:�:���;" declacadon or coeen�ats creadn8 or governing the condumin�wn or planaod unit development,the by-laws aad re8olatlons
<br /> - ._:�.; of tUe co�om[ntwu or pianned unit development,u�d consdtuent dceuments.
<br /> ,.�.:':r=�';:' 7. Protedion of Lender'a Security. If Bocro�ver fails io perform the covenanis and agreements contained i�►this
<br /> � Deect af Trust. or if any acdon or proceeding[s com�ntnced wLich n�terially affects Lender's interest in the Pcopercy,then
<br /> `.,.,a�.��:
<br /> L,ender. at Lender's opdon. upon uottce to Borrower. may make such appearu�ces, disbuise such sums. includ[nig
<br /> __��___ r�a�somtble attorneys' kes�and take_such acdon��u .��i��f�.,ur��t,wer shall otv the v��u���
<br /> - -:,,,�"„�,�_ �ILSW�CC as t COnuidon oi I�IluuZj uac..,.�.or..w..��, ......�.� -- ----• - -
<br /> ...: -8.� maintain such inwraace in effect undl such dwe as the requirement for such insurance tecminates in accorclance with
<br /> ��� Borrower's and Lender's written agrament or applicable law.
<br /> 3 � pny umounts dlsbursecl by Lender pucsoant to this puagnPh 7.with inteiesc thereon.at tbe Note rate.shall become
<br /> ' " additional indebtedness of Borrower secured by this Deed of Tsust.Unless Borrower and I.ender agcee tto�o�f. Nothing
<br /> ' � payment, such amounts she11 be payable upon nodce from Lender to Borrower requesting pryme
<br /> contatned tn this paragraph 7 shall require Lender to iacur sny expen5e or take any acdon hereuuder.
<br /> g, Inspect�on, L,ender may malce or cause to be made ns�sonable entries upon and inspections of t6e Pcoperty.
<br /> ,� .. provided that Lender sUall give Borrower notfce pdor to any such inspection speclfyin8 reasoaable cause tt►erefor related to
<br /> ' ••;� Lender's interest in the Properry.
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<br /> � Ncbreska 26876-3 7197 Originsi(Racord�d) Copy�Hraach) Copy(Custom�r) P�Qe 2 of S
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