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<br /> UN1fORM�NA1�fT�Bcrcovrer and Lsader�ae�zant�c!�
<br /> ' �. 4. R6yme�4 04 Reir•ed�ai tttts tt�ter�sL Borrower shafl prompUy paY'n►�en due the pr��p���interest indeDtedna� , . h�.
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<br /> � eviQenced by ti�e Ha�en d l a t e c h a r 9 e s a�P ro v i d e d in the Not� ,',.��`4,:.;<'
<br /> ' . 2. Fdndsto�'t8xgsastdlnstirattt�3ubjscttoeAplicabtelaworavniitenwaiverbyCendet.�onawershal1paytoLender ` ` � .
<br /> �ti,;ti� 8x� er�4s of principai and iri4erest are payabte un�erthe Mot�urntl the Ncte is pald in tull,a sum(hetetn�ti �;;��� .,:r��.
<br /> on tRe Qay motethty palin► °
<br /> , .. � .- ��FunBs"1 eqttal to ane�we l�t h o t t h e y a a r l l►�e e a n d a s s e s smerns(in�iudi�g condaminium and ptanned unft�d o n t e t w e l ft h � t �s �<'
<br /> �; `� ..� � assessmerns.t4anyluvh1chmaysttalnpftorfl�lovertt�[sDeedotTPust�e�d9rounde��instaltmentstar�mnatgagainsurat►c�. gj �Y,'` �,�.�r_.
<br /> �Y�Y�remiur�Installn�Ser�tstorhazardinsurance�Pluso�te�twetfthofyeastyP ' _.AY.:�4..;;• .
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<br /> � �rtlaQedinitta([yartdttomdme�nWnebll�enderonthebasisofassessmer�tsandblltsandressaa�abte ' .;. r .� ,. . ; �.,,:
<br /> . � `�� itar►y.atiasreasonabty eMSOlWndstoLsndertothe�xterttthatBorrowermakes� . ;`. �
<br /> . '. ? estitlnatesthareof.6onawarshalinatbeobiigaterttomakesudtpaym .. .�._�>3 ,. ,.
<br /> . "� � °--�'' such paymeMs to the hotder ot a pnor mortgaSe�deed of ws�3 N such hotder is an institutIonaliender. �. `.. . ` .
<br /> ��°"� li Bcrrower p�ys
<br /> Funds to Lende►,the Funda shail ba held tn an institution the deposits cr acxourns ot wi�ich e�e tnsured �
<br /> ._L.. ' __ '_�
<br /> � or guafanieed by a Federal or state agency(6rtdudlag tertder if i�md�r Is such�n instibut[on).Lsnder shall aPF�yt the Fun s 4. -
<br /> � ,. �-.. ; topaysatdtaxea,assessa�ntarverif�lin9andcampiingsald�rassessmentsandb is�unlesslenderpays�omawetir e[est � t;
<br /> ' ��� tP�eFunds,a�tah�ai�9satd
<br /> � .' �� anthe Funds aa�d applica0�le taw pennits Lenderto m Fun d s s h a 1 b p�idto�orrow r er.an�untess su�eag:ee en is ma�acr µ ,� �_. .
<br /> . . � 4.;�: ct executlon of thta Oeed of 9iustthat tntsrest an the . , . -
<br /> �,� eAPticabte lav�rs�uires such interestto be patd.��eansanu�albaaxuurt'tu�ig of the Fund sh�win9 cred�s an debt�ts to tha - -
<br /> .'�`� ._�..,,. Funds.Lender shail give 4o Barrower,without ch Se. ' „ . _ _.-,-..r
<br /> ..� `"� , • .;` Fartdsendthepurposeforwhicf►eachdebRto4heFun�swasmarlaThe�undsareaedgeda�addlUanalsecudryforthesunzs � �"t.` _
<br /> sect�red by th3s Deed of Trus� -
<br /> , , , IttheamountoftheFundsheld IryLen�emtcmeth8er�withund er�.shati eicc�egd ttia amount requlred to p8y�CI taxes �,�;�.1 =
<br /> � ' ' dates of fax6s.flssessmetd9�insuranCe p . , ,:�::
<br /> eRherprom
<br /> �.,�' , `° �ssessmerns,insurancepremiumsartd9roundrerdsastheyfalldue,sucheoa�sssshaltbe,atBortorvePsoptton� y�,F.',f'.:. ;
<br /> eoa s
<br /> L <� rePafdtoBorrawerorcredttedtoBomowerinsuran precsdu�msandgroundre'Msas�theyfatidua.8orrowershatipaytoLender -.—
<br /> �;: notbesufticieMtopaytaxss.esss� � e�asLendermayrequire. ,
<br /> - `y`�� eny araount nec�ssary t0 make uP�e�fl��ncy in one or more paym ..
<br /> � ..-�
<br /> ' . : ''`` Upon payment in ful!of ail sue�ss secared by thts Qeed otTrust,�endef shall prompt�/refundtn Barrowerany Funds heid , -
<br /> . �.� '
<br /> . � � ' '��7 byLender.IfunderparagraAhl7ts�aotthePr°pertf►issotdorthePropertyisottten�iseaaluiredbylender,L.endershallaPPh'� . __�;�..�
<br /> :; ��'��-. � Funds hetd by Lender at the tirne .. ..,.:;;��-
<br /> ,.�t: - -
<br /> no later than immedtataly prtar to the sale a9 the Property or iis acquisi�on by Lender,arry , � �-.�
<br />_.� .,.� .__ �.:.' of application as a credtt agttinat the sums secured by thts Deed of Tas�
<br /> !°�'. 3. Ap�Lic�4lonol PayrneMs.Uniess epplicabfs taw pravtdesothetwise�el!payments receiv�Lerder by Borro�uer under ' T ���� .
<br /> snd paragrapQs 1 and 2 hereoi shall be applted by Lender flrst in paymer►t ot amounts payab �r � ' _
<br /> • . �� ��. paragraph 2 hereof,then to interest paYa6le on the i�ote.and then to the prtncipat of the Not� -.�:,�_.:..'._-- -
<br /> � ����`'��♦; 4. PriorMort�a,QesandDeedaot7tust;ChanBes:i.tens.BorroMrershalipertorma!latBorrawer'sobiigationsundetarry :: •:i:..,-_ }.�.
<br /> < .....� ��� meMwithaltenwhicfihasp�lorityoverMisOeedofTrusQ,inc1udingBorrowar's �� ._,_----
<br /> mortgags,deedoft��^torothersecurityagre� —�;,,,p. --
<br /> . � � . oavenantstomatcepaymentswhenduaRorrawershaltpanoAtca�useoveep�a�dDeed teTnist,and ease dPaymet►��9ro�d -�.�... , ��- ---
<br /> . ` ,, andimposittarsattributabletothe�rcpertywhlchmayattai P MY T ' � --_
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<br />_ � . rents,tiany -_ -'�`_. .-_
<br />_ . . . 5. Hezard[ns�cesrtc�Borrawer shall iceep them P�r'a�vanded�coveraga'�and s ch oiher hazards as Lende ma�yi equt e , �:,,�. ...:..�-
<br /> �� against Iass by fire;i�azards Included within the te ;;� . __.
<br /> ; end in such amounts and tor such periods as Lertder may require. ,
<br /> ,_ � T h�e n s u r a n c e c a r r i e r p ro v i d i R g t h e in�=hhe d All insur�-�Po c es and e ab w a ts t he e o f s h�b e i n a t o m n a i c c e A t a b i o - . � �F
<br /> , . such�ava�ahail not be unreasonabfy
<br /> ; . . to Lander and shatiioiesuand regnew s�thereof.subject to the terms of any mortgage d et d ot truste3c�.�te rseCUtity agreement _ . �
<br /> . . r�ghtto hold the po . ,,
<br /> � � N�ith a(len whtch has prlority over this Oeed of Trust. •;;_�..y� :_
<br /> ' tntheeventolloss.8orrowershallgivepromptaoticetostlefnsurancecarrlerandLender.Lendermaymakeproofottoss � r_ _
<br /> ' �: , '":� it if nat made pramptty by Bortawer. `: --
<br />= � If 1he Property ts abandoned by Bottower,or if Borrower fails to respond to lender within 30 days framtRe date notice is .,?��� ,_
<br /> . : �,« -
<br /> � �, �'' mailed by Lender to Borrower that the insurance carrter ofiers ro settte a cfaim tor insurar►ce bertefl o�n�e s��cured '°=''
<br /> • :j tocoilectandapptytheinsuranceprocee�satLender'so�tioneithertorestaraticnor�epairofthePropeRy ; .
<br />`�'�. . • • , bythis0eedofTrust � :�•,���-_
<br /> :f � � Condomintuma;Pianned Untt Devetopmenta Borrauuer
<br /> fl� p�esonra¢lon and MaiMena�ase o4 Property;Leaseholds; -..: .� _-
<br /> : . � � � s h a l l t c e e p t h e P ro p e R y i n g o o d r e p air and shail not commit waste or permit impatrment or deterioratlon ot the Froperty and „�.,��.�
<br /> , ' Shai�compty with ffre provisioit develo ment Borro e 8 e a d hatl pe�torm a l of Borrowe�r's obl gat ons und e t he dec aration or . .
<br /> - condominium or a ptanned un P . • .
<br /> ' . ' covenaniscreatingorgovemingtheoondominiumarptannedunitdevetopment.theby-lawsa►idregulattonsoftheaondomnum t , :
<br /> � '. � � �� ' or planne�unit development.an0 ccnsUtuent documenta L
<br /> : �; � Protection ot Lender's 38curity.lf Bor n ed wh ch materta ty aNects l.ender's�nterest in the P operty�ther�LenQer, . .
<br /> •d. o!T r u s t,o r i f a n y a d i o n o r p r a c e e d i n g I a c a m m e c ,. ..
<br /> at Lender's option,upon notice to Borrower,may maks ender spnte es�1 LenQer required moitgage insura n c e as ta condition• .
<br /> � tees,an d t a k e s u c h a c t i o n a s i s n e c e s s a N t o p ro t e c t . _
<br /> .� � . . am�cht m8eastherequUementforsuchinsurancet rminates natcco drancewl hBonawer'sandlsnder'a writt e nagreement .
<br /> unUlsu
<br /> � � � ar appticabie law h 7.with intereat thereon.at the I�ate raia,shatl become � .
<br /> " • ' Any amounts disburse0 by Lender pursuaM to this parag►ap . .
<br /> . �.� . . addi�onal indebtedness ot Borrowerseaured bytmis�nde to Borrouwer requesting pay entthe en4.Nothtng conta�ed in this � _ . �
<br /> s u c h a m o n n t s s h a t l b e p a y a b i s u p o n n a t i c e t r o
<br /> � paregiaph 7 shall require Lender to Ucur any expens�or tatce any action hereun der. rouided ,�
<br /> • il. IRSpe c t ton.L enBer ma y make or causetobe made�easonabta enUies upon and inspectionso!the Property,p
<br /> - - � that Lert6er shall give BoROVrer naUce prior to any such inspection sp�cifying reasonabte cause therefor�e late d t o L en�er's
<br />- � � � ' inte�est in the Property. -. - :
<br />"' �� � 9. Condemn�tlon.7he proceeda of any award or claim tor damages,di�act or consequential,in connection with any
<br /> , � � . condemnatlon or othertaking of t�iorihA eyrms of any m Kgage.deed ttrust oriother securiry agreemeM wt h ayien yrughtch • �.
<br /> and shali be pa�d to Lender,subje ,
<br /> � � has priotity over this Deed of 7rust. ..
<br />- : -•,-,..,.�,.----
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<br /> PAf3E2 -----�——
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