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<br /> • «,��. • Tp SLCiIRg to Leader ttte tegayment of the dndeDiedaes�evlQenced DY Bo�we ��f(heteia'Note7, ,' • .�``�•�
<br /> �.�:; 4��_�. - �pgMgg� I2� 1997 �� for �. ::f':._.. -- - .
<br /> 4 t 35 000.00 �e�tensians wIW interest thereon.provid�ng
<br /> , Y : in the p��of U.S.$ � . •• .
<br /> aad iatet�t,wit�the ba1ance of the indebtefluess.it not saoner patd.dne and Papabia
<br /> �e�ttsoiprindpa1 other snms,witIIi interest tnereoa advana�d � .
<br /> � . <c� o��pVgNIDBR 19, 2017 of this �d of'Tras�amd the Performance oi tfle c8ve.naa `' ,:`E,, .:�<:� .
<br /> ��.'`�°� Ia saourdaa�hereavith�PI'a�the secuttty ts and [ .,c
<br /> ` - �ReII4s Qf BOIIOwC�he1+E3II COII�3�.led. .. � w..g�o a+ctasP hPrebv oDAVEQed 84d h8S the$ghL to�nt 8IId �: <
<br /> -�- �. gosYOwes cavenants tt�at Boimwe�is��camDere�.es�Pt for ena�=anc�of recard. BotroweY wve�s � .
<br /> :��� oumrey the Yropercy,and tnat the P�roper�p uie tttte to aie Yi+opetty as��1��asmanas,sobject to � ', �
<br /> t �. � - that���and wUl defeud genera119 ._ '
<br /> ' � ��0�°f�0�' aIId Lesider cavenant and agree as fallaws:
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<br /> `� UNR�ORM QovENAN't5. &arrawer �� cnhen due the prtndpal and fnterest ; ;�
<br /> L paym���1 anII Iat�. Bamawer shall p P�9 P$9 $ __
<br /> � '� e s a s mvided in tHe Note. '. , �:�:
<br /> . indebt�dness e v I den c e d b y t i t e N a t e a u��.�a I'��cable 1aw or a wrlttea araiver isY L e n��B B n O�r s h a ll p a y -
<br /> • Z Pi�s for1ll�au�I� of I � Ie amder the Note.�the Note is patd ` �,
<br /> � `�� , m I,eader an the day monthlq paqmeats prindpat asd iaterest are payab �ominiumn and _ _
<br /> -' ta�cs and a�nts(��IIding , �. �'�
<br /> � � . . � ,s.,{. fi n,f n t l,a s a a n(t t e n�i a°Fuads°�a lual m onertwelftl:of tiss ye�rly a v e r t 3�i s D e e d o f T r a s t aa�p�o n�t d rents on ?, -
<br /> � . glanned nnit development assessments.i�as►Y)which maY a t�a P r i a r i t p la5 oa�twelfth of yearlY - _-- _
<br /> emium instaIIments for Harard insntaace.p �'`"
<br /> � the YYOperty,if ffiY.pins one.t�vel8h of pearlY Fr and fmm time to time try ;' --
<br /> ` a premium insta�lmeats for mortg�ge����Y•all as�easoaab�y esttmated init�allY . .
<br /> .:7 .,��;� thereo� Boimwer sha11 aot be obligated to •�„..�. .�
<br /> � L�nder on the basts of assessments amd bills and reasonable cs�imates �w the holder of a prlar =�`;�..'�:�,;:'
<br /> . � . . ents af FanQ�w I�d�r to the estent that Borrower makes suc�Bay� f'��F _
<br /> ., :�,� -,':: ruake sac3i paym is an instirattonat iende� �� '•
<br /> •. � . <; : � - iuortgage or deed o�m�t If sncD h�r y:�° _
<br /> be he2d i��institution the depasits or socannrs of whish are °�•..° - --
<br /> . `" If Bama�,aca pays� the Fouds sltail �•.;,. :.-'_�
<br />.F: :;. ° a Fede�r'al�state a8enc.9 t��$�if Lender Ls such an iastimtlon). Lender shalL
<br /> �ued or g�ante�d 6Y � may not charge for sv �:::,,,;r
<br /> said t�s,s�ents,Insasance Preminms ground re�ats. Lersdrx s=:,�,-
<br /> .. aPp1Y the F�ds to paY saiQ as�sssaents aad b�Ss,�nt� �--:. �---
<br /> � ho2ding and apPt9�S t$e Fuads,anatyrInB s a i d a w m u�c o r v e r l f y n n g and�m p i�g � ��e r a n a '�
<br /> , I,ender pays Bflrtawe�iaterest on ihe Faads aad a�3•�bie law pe:mits Lender to make such a charg ',. r : :?:_
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<br /> .� '�-. T.�enQer maY agree i�►.wrltiag at the�e of eseautioa of this Deed of Trast tbat interest o�tt�Fan���not �.'' ..-.�ti
<br /> , . • LO$OIidWCIs 8IId Un1eSS SII{�13�u.6+�t�S Ifl3QC ffi Spp�C���12W ICQ�SQ�I�DtCIE�u[����►'�OII4 C� " .. ��.� -
<br /> Bora��er aaY��or��s on the Fhads. Leader shalt give
<br /> �e requ[refl to pay � M credhas a�0 deb�ss w the Fands�t�he 1PmpIISe for wi�eacd�debit to r-,�, °__�
<br /> :; , . an annual s000nnttng of�F,mc{s sruwin8�as addsctonal seauit�►for the snms seaued by tWs Deed of Tr�j4 ---_
<br /> � �:,: the F�ds was mad� The FuIIds a��b w ether with the fatnre mont8lq insmttmeats oPFands paYdble Prior �':-�;.. :�_
<br /> . . ; :.� :�., If the amonnt of ttte Faads held�B�nder. 8 ound rents.shall acoeeA the amount r�qutr�w paY ' �-
<br /> ` �co the due dates of tases,as�sments.insnrance premiums and� b at Bflrrowes's �'��`,�-----
<br /> ' . '� �';...; said ta8e�s,as5�ae���i'TanO'e Psemiums and�ronnd rents as they fall du�such atc�ss shaII e. .:;:.:�:y:
<br /> ...�. �. -� . � apttan,either promptly repa�d to Bosraaver or caedited w 8oaower on montbty�ce pts of Funds. If the am�� `, �,.. .:_��
<br /> remiums and gconnd
<br /> � . � of the Fnads heid by Lender sball nnt be su�clent co gay��� ._<�n._:
<br /> .�; . . as th�y fa11 Que.Bomawer sltari paY to Lender any arnonnt neoessaiy to make op the deBclemcy in one or mare - _ ._
<br /> � � . • . Fayments as I�eaQer may requir� � this D�of'IYust.Leader shall promptly refnnd to Borrawer auy � ''�: ;�; ,-;,�
<br /> , . . Upoa gaqment ia foll of all soms seaued b1+ is othem�Lse aoquired�S► =--°�_--
<br /> � • FuaQs held Dy 1,enQer. If nuQer paragrapb 17 hereof the Property is soM or the PropeRy _ .`°-�Y.�
<br /> rior to the sale of the Property or its aoqnisition by Lender.
<br /> . . .. Leaser,Lender aLaU apply.ao lates U�aa immeQiate2Y P Ws Deed of ZYas� ' —
<br /> . . � .•� � any FYmds held Dy I.Ender at t�e tinae of appllcatton as a�edit a�ainst the s�uns secur��Yrecefve0�}i Leadei nndes � .,,;�,�� __
<br /> . .. � . � �����F B y� Untcss applirable taw pravides otheivvl�e.all PaYm ,__�
<br /> . � t h e N o t e a n a para g R a pLs i and 2 hereof shaU be applied by LenQer Srst in paym�nt aY atuonats gaya b 2 e to Lender b y _�.
<br /> b le on t h e N o t�a n d t h e n t o t h e p i l n d pal of the Nota
<br /> � : . Bormwer ander paragragh 2 hereo�theu w interese paya �form alt of Ba2mwer's oblip�tioas ' •" .;:=-
<br /> � � � �1 PsIor B�o�tgages a�Deods ot Z1ms��Se��� Boaower sIlall p Ba m . y�
<br /> . ;:�,:�:
<br /> _� . • � onder auy mortgage.deed of vast or other secvriry aSceement wI1h a lien wMch i�as prio�ity over this Deed of Trast, ... .. :.
<br /> ents when du� Borrawer sball pay or cause to be pai0 a11 ta�, '�`:�n�.-
<br /> . .�.'-. including Borro�ves's covenants to make paym wt�ich may attaia a prtority aver tWs '� ;`,-'=. �r
<br /> � . ,, . assessments and other c�arges.Snes and impositions attributable to the Property � : .: �
<br /> ' � Deed OY Trnst,and teaseholA QaymeIIt,Or gronnA IeIIts.if aaY . '..'`-�'"_.
<br /> ` �. � S. H�0 Insa�uee� Bormwer shall keep the improvements now e�sting or hereaftes erected on the Yroperty ,
<br /> . � .. ; - insnred against Ia�by ffie,l�ras IIactuded withiu the t Lender���g��and such other hazards as Lender .. . ,
<br /> : _:;: ; may reqnire aa�ia sur�amounts aaA for such pedads as �9�9 i � er, mvIded. . - .
<br /> . 'Ihe insnraace carrier pTOVtding the insuraace sball be chasea by Bortawer snb ect w a raval by 1�end P . :.
<br /> . � that such approval shaU not be nnreasonably wItl�e2d. All insarance pol3cies and reaewals thereoY shall be in a form
<br /> .� ' act�eeptab2e to Lender anA shall incluIIe a staaQztrd mortgage ctause in favor of aaQ in a form aaoe�portIgeBg�dLeneeA of � . �r'
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<br /> Leader sha11 have the rlgj►t co hotd the poticles a�reaewaLs thereo�subject to the teims of a�► � L , :
<br /> ' ' � vust or other security a8reement with a llen wLich has prIority over this Deed of Trus�
<br /> . ' . • In the event of loss.B�rrawer s h a l l g i ve promp t a o t t ce t o t h e i n suraace carrter aad Lender. Lender may make ,:".;.
<br /> � � . paaof of tass if not made piompBY Dy��� fmm the date . .. . .
<br /> . . If the Property is abandoaed bY Bflnaarej,or it Borrawer failss to respond to LeaQer within 30 Qays
<br /> fa
<br /> .. . � � rso8ce is malled Dy Iender w Borrrnver tha�ce moeeQs at y.�ender's opSoneeithe�r to�restor�aflon or r air of the ,
<br /> , : is authorized to aol2ect aad aPPll► thLs Deed af Tnut. �
<br /> . , property or to the sums secureQ tiY oY Pm , �� �oa�omininm� �?a�� U�t Dev�dOpn�� � . . : .
<br /> � . _ .� 6 p�vattnn aas Maiateaanae P�Y . .
<br /> : � Bormwer shall keep the Propecty in good repair and shaU not oommit araste or petmit impairmQnt or detertoratfon
<br /> . of the Pcoperty and shall wmpty witD the prm�isions oY any leage if this Deed of Tiust is on a leasehold Ii tl�is Deed
<br /> - � � c tmt�vt�uasnttm�rrr �� .,.
<br /> ' . � �SECOND MORTGAGE-]/£sa- II� ;.t,..
<br /> . noamme s�m+t�ceoo�sa¢ubz Fage 2 of 5 . •
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