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<br /> ��� _ : � � ', , 91�� �,l.�d`��9 io�sa6 1aA05/199? ` '. `
<br /> .. � � �� ,�Y.J �AR�3BR PBQdY �RL� ` �
<br /> � ��`� iTt�d2tM COVENA1�Pi9. $�� ��P�Y Pay when dae the p�Pa1 an� � , ,,:,' -_: '��
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<br /> , ,�!� �����Ote and tazs�asF��� ��
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<br /> ' `>;..� SR�f�t t0 S�TQ��IS I8W O!8 WfItI�D WB�Ye[�' BO�OWC[S'�811 paY W , , 4; �, .
<br /> a.�ecs��s�a�. 1 �wfaer me xa�e.m�a�e rrore;s�a�n�n,a . . 4�� :
<br /> ,.:, .�h � : t,e�er aa�e daq�a�L1Y�Y���al a'°d�and as�s�as E�la� °uu �.� ,
<br /> •Fands)eq�] of the �d°���� , .;.4;;
<br /> � sum(heceiu � wLirh p�'ty a�thts Dee�l of T:ust.asd Sman� on the FroPerts► � � � .. -
<br /> • ' � $�►if any� may�u° af rarl � �� `�' �`�< '
<br /> of in��'or ha�rd�.� �sis af
<br /> c ' ��iwetfi� pw�9 P� � ns on�-i�xei8h 9 �� ' _
<br /> •,s • iajdglj to ttme bI� � �r , ` .
<br /> . . . ���� ��y,gll as teasflnablY esdmaLed Y �� of F�mds `
<br /> , : : � 3�estiffiat�s theceo£ Boaavue3 sball nat be a�ligated w make snch paYm�
<br /> .-�- �an�bi11s aad ceas�nab �o the bnldsr of a psior mnrt�e oY deed of t�asc if sach flotd� o . ` .�;:
<br /> .s, to le�Uu @te estenl tEmi BoAOVo-a���Y� ` - -
<br /> _M,.r
<br /> -F;` . _ - is an insdtat��1 I� oa tLe d�pos�or a�of which are _ ; ;.,��_
<br /> � �. If Eaaower DaY$FanOs w I�en�er.Qie Fun�a shall be t�ld in an insdtad �r sball apply � -_ _
<br />- ` - .'�.,•.' �or guaiant�d bp�Fed�a1 or smte����'��Leader maY�,• � . : *�
<br /> .. e far s�holding `�� --
<br />- � �Ftm�s oo gay said ta�ces+ ��a� vedfying a�co�said a�����s I�en�er pays �,
<br />-- - -_ -_-'-'' ePP�y�g�he Fu�Eds,a�y� °i �uder to a�tce sach.a ch3rge.Boaower and I�en�ter maY� --
<br /> �._A'., . ' gomavver i�est on the Fnnds aad aFPlicable law Pem� Lo Hoaower,aad�mless _�T-
<br /> ,� .•'`"� .�<� in wdiln8 at the nme of eae�udan of ttus DeeB of Ttust tbat iat�st on�sLall IIot ieqt�red to PaY��� _._.��
<br /> , .��� . . sucb�is made or appl�ea6le law��int�sest w ioe pa�a, �a�al acc�miing of the F�ts .. �.
<br /> � . �y i�s t ar�oa the Fnads.Len�e�s1�S�e tn Hoao�ver.wit�oat�arg�. �.The Fuads aze . _- _
<br /> ose far a,hich each dEbit to d t e F�s w a s .r
<br /> . s�w�g ccedtis an�dsbits oo the Punds aad d��Deed of 9Yust. - --
<br />- � ' p l e�S e d as a d d i��t 9�the�s�d�Y �o�F a n d s pa Y a b l e P r l a r t° - -
<br /> of ti�e Fands hel�by I.e�e�ms�wItb tLe���amo�s�m � � ----
<br /> - : _ ,•-�, If the enaaunt P�7 T�
<br /> ' t�e dne dates of taa�. ��°�°'"�"r+������°� sush eaces��`aII be.st Bos�nwer's oPdan. _ __
<br /> r--��-=: ,: ` taxes� a�enss.insntance P� ��as tbey faII d�+ -
<br /> g d to Buaowee ar�w Buaowea om m�atLty i��of Fr�s. If d�e amn�t of the Fmr�s _. .
<br /> they fall d�. �,. ..��_
<br /> . .. .�-�..�, e��r� y� �a��as : °-� �u---
<br /> ,. . held bp lendes sUaU tmt 6e saffslent w paq taxes.��'the defcdea�9��Qs mole payments as I�mtsY - ------
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<br /> � - Ea�awet ehall pay to I.ender anY amoaat n�ess�Y
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<br /> ._. .".� :=� �efund to Boaower � _ c ...�_ ..�.:.. _,_:__
<br /> - - '. � �pay�nt in fuII afFill sams s e c�c�!1 f 9 d�i s D a d of T r�s t.Les�dec s�ll�o����Y� ��"=
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<br />�: . ,.� .. l��1C[PAf LbE pI0j3�Y 18 S0�0r t11C PtC��JI .
<br />_J,,� . � , i�ld by I.en�r.if�t Pa�[� or�acq�on by Ie�er.a�►9 P�ds held by � �,-'�-`___— -
<br /> y w��o��e�r�
<br /> 4 .. , sh�l apgly,�I2:�s�n i�2tetY P� 8ie sa���5►�De�d of'i'rciss. � --
<br /> ,'�r Leades at the tl�e bfa�pti�ioaasa credtt a8ains�t
<br /> . ; 3. �a�P�ym�- Untess agpl�t►2e taw gm�-ides othetwLse,all PaY'!-.a�s r�tve4 by LenQer msder the �-;__.--i-
<br /> � i and 2 h�sLa111�e aFPlied bY Lend�s fIISt in payment of am�paY�2e w Iandet UY BoA°arer �..:;.�:�_.
<br /> ym
<br /> ., ' . • Note ansl P�� 1e oathe lilote,and thento the p�nCiPal of�e Note. °
<br /> - • ` �r�b 2II�eo�thento inte�escpaYab rm aII of B�'s obiigattons C_'�.-_- _-
<br /> . , 4.Filor R�o�e�Deeds of Z�k Char�i L3�s.Boauwa sLall Pe� over t�s Deed of Tta.�t. �
<br /> .. ..� ' � : .. s��9�n8�+ deed of ttust or ather secutlt9$�with a li�n whtch bas piior�tY �- ---
<br /> s covenauts tfl make pa7►��°�•Boaawec s�aL�1�aY o�c�s�a hZ pa�d ali ta�es,a� --�.
<br /> , . ��B°�� a�b2e w the PmFerty'w��7►auain a�siosity aver dils Deed df Tmst. �.- _ _—
<br /> � � an�ather diarSea•�es a�impasido� • '=-�-
<br />_ . • � aud tr�seho2d payments ar�ound�e�s.i��Y• � �e����or hemafter e�d ou ti�e ProPert9 im_��_�.� -
<br /> ' S.He�rd Yasm�anse. Bouav+re:sbnil keeP �p � -: _, �--
<br /> . • :'. Insu�ed agaiast tass bY Sie��g inslnded�vlthin the te�'e�tended caverage'.and sach other hazards as Lender may , �
<br /> .�' . . r�nite anA in sacL a��far sachg�iods as 1.ender maY ieqmre• �- - : _
<br /> : � 7$e Insuranse canFer pmvidi�8 the�uance sva11 be chosen by Bomnwer sobject w appmval by leadez'�m�d�+ - - —
<br /> a�� ���a� r �.: ._
<br /> 11CIi8 8�ICnEKI819 thCl�f F
<br /> � � � tbat s a t h�p m�►8 1 e b�l l n o t b e t m r e a s o m�b l Y w l t b h eId. All iasuzanse po � � ._;:
<br /> . : � I' acceptab2e W l.ender and sdall i�lade a ste�dard murt��e ia favor ef and in a foim accep t a b l e w L�u d�- _
<br /> � thereof�sub,�ect w tt�e�s of aap mortgage,dee0 of t�nst or oQier _ C� •:� � -
<br /> sbaU bave the tight to hoId the polldes aad:enewals eC . ` : ....._
<br /> t.� , � . secv�itN ag�me�wltb a 1�ea afi�c1►haspslasIty aver thfs Deed oFTmst. ._;:s;.�;�,
<br /> nndce to the insatanse cactier and Lender•lrende:may ma�ce pmof .4.,-�
<br /> � �� la tbe eveat of toss.Bo:cawer s�a118ive pmm� s� -`
<br /> • � � ` of toss if not�de DromAtlY 1fY Bosmwer. .. ."':;°.,,..
<br /> :: � . .. If the�roperty is abandor�ed by Bosrower.or if Boaower fails co respon0 to Lender withtn 30 daya fmm the date ---
<br /> ,•��� � ' ' � undce is maite0 by l.ecdet to Bormwer thai�e iasurance c�uter offecs.t�settle a claim for insu:anse benefits.IRndero ��T_ti:�;_ :
<br /> asurance
<br /> . � � . �to collect and apA lY t h e i n s a z a n c e pmceeAs at L�naer's opdo�either w resto:adon ar�pair of the PmpertY ..
<br /> : ' '• . ta�snms s�cuted bY this Dced of Tmst. �old9i Coadominl�s; P�w� Uait �?evdopmeats. .. '
<br /> , ` " 6. Ft+�crvattan an�D Me4ate�ace of Propedy; t ��or dete�ioiation of the '. .
<br /> . - .. �. Botcower sLall 1ceeP the P�F�►�D�°0d�Pajr anA sball IInt commit waste or peimi 1mp ' ,
<br /> � � � .. . � . pr�perty an�s�II c�amply wltL the p r o v l s iang o f a a y t e a s s i f t L i s D e e d of T�t is on a leaseho2d.IS th�s DeeO of Tinst�S
<br /> . . ; � an a cu�it ia a condaml�Ium ar a planneA�it deve2opmers.$am or rlaimed unit devel�opmens,the�r-Iaws�aad regc'.adons .
<br /> � . � deci�aaton ar coveaants creatin8 0=8�+���� ���'tneat dapcuments• .
<br /> . . � ; : j af;he condomiaium oj P1�ned�mie deveIopment, co�raiae��n�s � , • .` ,
<br /> . . 7.Proi�of Lcnd�'s Seaadt9. If Boimwer faita co perfami the covenaats and a�e�s
<br /> • . � :� � �S commeaced which mate�i.:l1Y affecca Leuder's inrerest�n the Propeity.then
<br /> . De�of Trust,or if airy action or pmceedi�g , disburse sucb sm�s, inclndinB � .
<br /> ac
<br /> ,. , � � Le�der, at I.e�er's opflon. �on noflce to Boirower, maq mzke sucL appearanses
<br /> . .rasonable�uuomeys� fees.and take such astion as is n�Y�Pm����s intezest.lf Leuder required mortgage
<br /> � 2aan secured by t6is De�d of Tiast.Bomuwer st�ail yaY the Prem3nms reqn�d w
<br /> .. • iati�uiance as a condi@on of maWnB the ne for such ins�uance te:mivates ia accordtwce wtth
<br /> , in effect wntil such time as the reqaireme m ua ..
<br />� � � °����� nt or applicable law. �
<br /> ' � . �. Bomnwe:'s aud LeIIder's wrlaen aBree�e ��P�Pb 7.with interest thereon.at the Note rate.sball become : �
<br /> � . pny amounss dlsbwsed 6l►Lender p�snant . .
<br /> .. . � add�@onal indebtedaess of Borrower secnred bp t�s Deed of Tiost.Unless Basower aad l8nder a�ee thereof. Notliin8 � -
<br /> sucb amounts st�ill be DaYable upon aotice from I.ender to Bomuwer requesting PaY� - . ,
<br /> � � � wtualaed in tbis�7 sbaU require LRnder w incur anY eapense or take any action hereuader dons of the PtopestY. • . �
<br /> • Leader m3y make or cause to be made reasoaable enuies upon aad iaspec
<br /> ;�;�. . • . 8. Yas��lo�• on reasonab2e cause cherefor related tn � .
<br /> .. . ; pmvided tUat l�ader sh�ll 8►ve Bormwer nntice prior to any snch inspesa sp�� ,
<br /> '�. : . . . ,
<br /> ,.,,. ... _... . .' t.ender's interest in the P�A�Y• _ _.
<br /> - ----_� -- --. .
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