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<br /> ���c �4��c `"�� , T0t3Bff1SR�vtth al1 the improvesneata ao�v ctr hereafter,e�cted aa the property, aad ari easemerits. ta 2-`
<br /> :,�: `:^�;'- .•�:�°? eppurteaaaces aad ranta tsub�ect how�ver w t�e rights•and authoritFes�vea Dereia to Leader to oollect and apply�b '"�:��
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<br /> �r ;� ; �' ._ r ' �e�atsh all�a!w�ticte slmll be deem�to be and remaia s�rt oi the Qraperty Fo�ered by ttis Deed oi Trust:and all of the '
<br /> �._<x:�? � �;. �°� . • fonego'ssig,�ugetlset trci;h esid p�opetty'(�ar the teasehold estste if this IT�ed af Tru$t is oA a l�old?are hereit�aftes � -, _.
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<br /> '';!,`:�' � "t;'. , ' Borrower cov�anants tAat�ortowet is la�viully eeised of the estate herebq conveyed aad has the right to gant and oonvey
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<br />-- .�:�*':� ' the Peopertq. and tt�at the Praperty is uasacumbeted egcept for encumbraaces oi reoard. Bor�wer�venants that ;��=r..
<br /> — �:`'��� . .Bo:rc�er easrenls and��eill deiend generaltq the titte to the Property agaiast atl claims, aad demaads. snbject to
<br /> '. `-'':<:4;' � enc�imbteaces o4 t+e�rd. ' ��
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<br /> <.;;;,.-�'.�.� tJNIFORM(XyVENANTS.�ortnwer aad Lender wvenaat and agree as iollow� "
<br /> i`.��.;,`�,:"MF;`�,:;=,�T i' �.Poymeat oi PriacipaD t�ad Interest�. Ban+awer sheil pmmptty pay when due the priiu.�ipa1 aad iatereat i<;z;;
<br /> — :.�: �iadebt�evideaeed bp the Not�.iaeludiag anq varietians sesuttistg it+nm ei�amges.in the oaat�act rate, e�d other `�=:=;`
<br /> �` r a ��; ' cltatgn es grmvided in the Note. `
<br /> °',t .�'` '" 2.Fosds ior TsBes aad Ias�ce. Sub�ect to applicabte law or wtit0en waiver bp Lender.� ors� s6all �p to . `'=
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<br /> <, .�:�.�: Lender on the day mflathly PaYments oi pr�ncipal and iat�est are�yab2e under the Note.u�' ' 1'0ote�paid in fuU. '.';�_;_
<br /> + r ` a sum (hereia 'Funds")e4ua1 to one-twelfth of the qearly tases end as�sments (inciuding coadominium and glaimed
<br /> �, �• � h � -�� unit davelopment e�ent� if aay) w6ich may attain priority over this � of Tr�st. and ground rents en the �,
<br /> ' i �; •: Pmpettq.if as►Y.Plus onerteelfth of.the qearlp premium instatlraeMs for bazard iasurance, plus one�welfth o4�early s�- �
<br /> Y� - °�.:� - - -pretiniva��dstailmeats foi.mortgage ips�tt�ace;if a�►,y;alt as reasonabJp estimated irtitiatly aud frm�3.time:to tiirte by . =z =
<br /> ` - , ` : Lestder w.�the basis of asse�ments astd bills aud reasonabie estisastes tUereuf.Borrower shall �t��+otiligat�to rnafce . '"
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<br /> _ �such paqmenta oF Fuuds to Lertder ta the eatent that Bormwet makes such pgmeats to the Itolder af a prior most�age ,,i
<br /> , =` � or deed of trust ii s�ch holder is en ipstitsitianat tender. � �
<br /> s� � � �
<br /> ' �`�`. ' It 8ortower pays F�mds to I:eader.the PbaQs shatt Be hetd ia aa institution the dep�arits or s000uats of wisich as+e : �' � n
<br /> '` ��'.� ' .ipsured ar guaraut�ed bq a Fedesal or state�geuc�(iacludiag Leuder ii Le�tder ia such an instiwoion).�I,eud�shaU apply - f� .
<br /> �' � :;�.� � th�Ptruds to PeY��.��iASUrance premionas and grourtd rent�I.eader may not charge�far so,hol d iag , �- '� �
<br /> �- . i surance
<br /> � . . 'aud a�plyiag the Fuads.analyzing�aid aceount or verifping aud campiliag esid a�ssments sud bills.untesa Leac�er Pays. � E
<br /> -: �", � �Borrawer iut�eest vu the Fimd�.atid applicable law permim I.eader to niake�uch'a chatge.Borrower aad Leader may � .
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<br /> :: � a�iee ue writiug at t�e time of executioA of this Deed Ai Ti�ust tt�t iater�st or►.tlte Funds s�lt be paid to Baaower.ead � �r-
<br />., ,:�1._...�. ., _� _ vnl�s such-agseenaeat is made or applicable law requiree auch iAtereat to be paid..Lendet shaU aot be roqaired to paY . - -
<br /> � - `. .; � �$o:rower sap iatereat or ami�on t�e Funda t�ender etiaali give w Borrawer.�vitnout charge.au aAUUaI account�g of —
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<br /> _ : �.; s i.��. � t$e Fuads sAe�wing esedi�and d�bits w the Funds aad the peupase for wfi�ch eacls debit to tae Funds w�s made.'flua =
<br /> '�� ;. � �. Fuads et��edged.as additionat s�curity for tiie sums secur�i by thia Deed of Tsust. � .. . �� -
<br /> , � � ' � If�e Aiaount of the Fimds held by I�ender.togethee'with t�e future mo�ly installmeats of F�nds payabte�rior w � � �„��1
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<br /> . ���° ��, the due dates of tas�s.as�tae�te.insurance premiums and gcouad tenta eLaU esceed the amount i�equited to Pay aid ['�':'n.
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<br /> . texes,assessments.i�osurancx piemiums aad grouad reats as they fall due.sucb escess shafl�ba.sE Borcowei's aptioa. �
<br /> r ` �°��., � eittter pmrapttY repa�it w Bm�rower ot c�dited to$orrowes on montt�ly is�staUmeuts ai Funda 1f the amowrt.of the `
<br /> � . ,�.,;:::_< = --
<br /> -_`:�:; . ��...,;�: �=� Funde�eld bY Le�ider shall not be s�rficient to�Y tases.e�nents,insurance preiniums aad grouud rents as't�ey faU.
<br /> ::_'�+,� .: •° d�.$orm�rer s�all pay ta Lender snq emonnt neoessary to make up the de4iciency u►one or more paqmer►ts as I�ender� ---
<br /> `_ . may requise. . _-__
<br /> �'" `�'��� :`� • � ugan PaYmeat ia,fW1 of alt�sums secused bp this Deed oi Trust,l.ender sLatl�romptty rdund to Bonawer aay#uads � _-
<br /> r �; , . hetd hy Lead�r..Ii uader paragraph:l7 heteoi tAe ProP�9 ie sald.or the Property is otherwise.ac�qirired by L�itder, .
<br /> ' � Lea�er s�l aPP1Y:aa tater than imme�iatelq prior w the sale.of the.Pxapertq.or its•acquiaition by Y.eader.aay Fu�Ws .
<br /> ���,,�;� � . held bg I�der at the time of appliaatioa as s credit agaiast the sums secured by ttds De�d of Ttirs� .�
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<br /> -=_-�---°�;�j�i�'_ , 3.A�pl�caiioi►a#Paymanta Untess applicabl�taw pravid�otherwlse.e1l PaYraents received bg Leadec wader t6e
<br /> ��a��y-.� � Nate and pasagiaphs`l aad 2 hereof sha11 be��ppliea by Lender firec ia papm�t aY amouuts paYable.i,v.Lendsr by
<br /> �, -:'� � • .Boaowat ui�der pacagrapb 2 hereot.�theA to iritet±�t payable.on tha Note at the�appliwb2e.coatrect tata,_ea8.the�►tq ttiuua �
<br /> �`��.•� '` � • � Priucipai.of.t1►elQcrte. ; . �� . . . � . , .� .
<br /> ..__"��;t:,,,,f �;. .4,�us MqrtSaSes artd Deeds ot"Trost: Chasges:�Lieas. Borrowet shall peiform a1T of'�oreuwera obli�ttons `
<br /> '� '� ' � �`�uadq�a�lY�raartgaSe,de�d oY irust os othet.�ec�nit9.egroement wtt6:e liea whicb hes priorl;y over tifis Dee�o!'Ttus't: .`
<br /> �• � � � ..iricinding,Bonvwer'a coveneats to make paqmente wheac�¢ua. Bori+ower eha�t .pap�or�euse to �be pa�d a13 tasea. .�
<br /> :-`. � , .;;,..:ass�menta aad othe�charga.t'iues an�imp�et�oAa athibut�bls to the Propersy wtdch raay e�ttaia a psiorZtq oYet,th9s
<br /> ''� '��f13pF�; � : Deed af`�rust.ead teasehold psymeate os gro�r,d rea�a,.ii anq: • . . . . � .
<br /> , •� S sir...� 'i �
<br /> ;�;��.�.�;:-.:.: ._; ., S,�rd �tt+iirsace�. Bonower sftall.keep thb improvetnents aoai esisdag os hereadter et�cDea on the�Propett9 .
<br /> ;,°:�:_',:..:.''::��... ,: � � ,;nsurod�iASt Io�by fire.hazatda iactuded withia tha ferni"'eatende3 coveiage,"ead such other h�rd$se Lender
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<br /> :t, . ..;;, :� _ .` � a�aY t�uire and in sueh asaounts and for aucli periods ea Lender maq require. . —
<br /> ;:}.: �:.':�,-,;;.�;;�. .. . Tha insurance.carrier provid3ag �he�insurance sbsall 6e chosen by the BorraHer subject 'w appravai bq l.ender.
<br /> -- . '''.�f:;:,, `Frovided.shat such approval shall aot ba unreasonebly withAsld.All insuranoe policles and renewals thereaf ahal�be ir�e ----
<br /> :�;if��%:t;�� .'. torm eacepsabla to Lender aad shall iaclude a staadatd mortgage clausa in favor oi au�in a fornr acceptab2e w Leader. � _
<br /> �E�'i�`��` .; Leader's9�a11 hava the righht to IIold tha pol�cles a�d renewal,s t�sereo�subJect to the terma oY any rs�art6a88.C��'uust �' .:_
<br /> � :';.;' ;:�:;'oz ol�ter s�curity ageemeat�wit�i s liei►wbich l�as p�ios�ty o�vet tt4ia Deed af Tra�st. � � � � . � ,�„•.,:,
<br /> . ;, � :'`�':.' . �1�tha eveat o!tos�:Bortower st�a11 give pr�npt uotioe.to the�insusa�s�carrier,ead Leader.Les�der may aiatce proof ��'� �,-
<br /> ', ` :t.�. vi Iass if not made promptlY bq�Boteower. . .� .. , ,: � :� . � _
<br /> _ _ _ ;' S_ .�t . .
<br /> : �s�� �'.� Un2es�s Leader sad Hmrower�ise agc�tri tariting,ins�usuce proc�ds sUal��s applted to restoretioa os tepair ai �
<br /> , `,�y .;:.'� �t1►e Praperty damaged.ii the sestaiatioa�or rep�ir is economicetig feas3ble aad l�er.�:.�a security is nat lessea�d.�It the . ' �` °
<br /> ,;. . rep �
<br /> �, , `.��'`,.-.+�':k .. � res�toretioa or repair ia not�aomi,cailY feasible or Leader's securitp wputd be lessene8.the iasurauce praoe�ds s�a111�e
<br /> :.t�;�.
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<br /> , :•:.-:;� : �.;�';:�:. appli�l to the suma secured bq this$ecu�Itg Instrumen�cvhether�r°uma then due.with eny eaeesa pald to Borrower.U .
<br /> ` � ° Borrorover aUaudons tha Pcoperty.ar doe�aot adswar witLia 30 daps a aotica iro�a Le�cder tl�at the itis�irauce catsier t�as '
<br /> - " �`, --T='�,,-; - � o4fered w settte e elstaa.then Lender fnay e�llect the inssttanoa groceeds. I.e�tder map use the.ptaoeeds ta repair or < �:.
<br /> �,�'::.
<br /> � ' ':.�_.�:: testore the PrapertS►ot to'pay sums�cus+ed by this Securitp Instrumen�arhgther or aot ffien due.The 3o-dap period�vi11
<br /> ; � '� , i�g�a whea Qie aotice i§givem.. . . . : . � . :' �� -
<br /> • .It tlie�'ropettq is abaacloaed by Bonnates,or if Borrower fa�s w e�espand to Lead�r withia 30 days fe+oin the dats ,
<br /> aotice is t�aited b'p��et[der to Borrower tbat the�ce c�rriet offere to settle a claia�fas insusence benefts.Lendee .. . _'.
<br /> . � ',;"; is �uthvr�zed�w�collect aa8 apply the insuranoa praceeds at L�ader's optioa either to restoratiosi or repair of tha
<br /> _.`: � "- `- Pt�tig Qr i4 ttse sume eecttted bp this Deed o4 Tmst. � .
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