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<br /> fr.. . F �8 ����+�+ (Page�of :�.: .�',-.
<br /> (;_ c'r:V"t"c.i`e: � ere�ted oa the property, aad all easeme�s. rights, <:':``, <�
<br /> �� <�� TOGEfHEk'witt� all the imgruveraeats aaw or �ereafter . ��_
<br /> �'r:`-.- ':-.`'=....:.
<br /> - - � �;=.F�. �ces and rea�(sub�ct howevec to t�e rights aad sut��orities given herein w Lender to collect aad apply such :,�`,�=DP_
<br /> � �`-` seats).all 04 which sbail be deemed to be aad�emain a pazt of the ptope�tY ooveced by this Deed of Tn�and sIi of the
<br /> �. ... r :
<br /> � T :� � faiegniug,together with said ppop�.rty (or the Ieasehofd estate if this Deed af Tnst is on a leasehold) are hereinafter
<br /> � h, ++°�."'7~ ':`:r,::, .
<br /> -t`«�; 'E�c Borroavet eovensnts tbat Bnrrovner is tawfuliq eeise�ot the estate hereby conveped and l�as the right to grant aad convep �;����``•'-
<br /> c �° `: �s uaencum6ered es�ept for e�.vmbr� � �- B�� CO� �t ` �
<br /> _ ;"j4:.._ 2 f " t�e pmPertY• aad tl�at the PraPeriY � a ail claims aud den:ands, sub3ect m
<br /> the titte to the � � •
<br /> ��< -� �t�. BorroWer warra� aad w�l defend gen�ally �Y
<br /> , : � :
<br /> - �b18IIC6S O�le00fa. � �`r'
<br /> 1.� '� iJNIFORM OOVENAI�PI�.Borm�a and Len�e�v�sm sud agee as follo wh� due tt�e priaeapal and interest r ,'
<br /> •-,.''y_ O� PflaCi 8g 8IIa Ia�£!@Sf. BO?iORTBf � �1�� P� � F
<br /> -�-� iadebtedae� evidencxd b3r�e Nate.iaetu�ng aa9 ��ons resulting fmm �hanges in the conuact rate, otfler -
<br /> �` `� ` - c�arg�as provided'm ttte Note. � •
<br /> _� 2 Fuads far Taaes and Iasorane�.Subyec�to applicable law or wr�waiver bp I.endes, Barmwrer shaU gay to ° :
<br /> �'�<�ti�`;-`_:'�=:�. Leader on the day mo�hiY Paltm�°f P��P�snd iaterest are payable under ttte Not�unt�t'he Note is paid ia fi�tt, :._;,,h:.
<br /> _�«,��_-_r�:�:,.��:, =;:� a sum (�ecein"Funds"� e�Iual to°��'of tb.e yearly te�s and as�saea�{indudinS condomin�utn and plaaned ;�:�>3;,;.
<br />,<<�-� --:r �i'."' d�a�retopment ass�mea�.if anY) wbi� may attaia paority over this Deed of Truet. aad gronnd sents on the »�;�::
<br /> :.�_,,. . ..:.,:::,� ... _�::•-�
<br /> -, - ,;::=,:�;,>::n tmiL ,..�_�_�;-- .
<br /> ,'u`.-::;;F':;_;� Prapertp.if any. plus oue-tw�el�th o4 the yearlY premium in�stallmeam fm hazard ias��ca.P1is oae twelfth of y�rlp ,,:•
<br /> r..: 8lLp . Z1fl16 ZO�e'� `,5F".
<br /> ' �` .,�<- F•,` premium instellments for mortgage msun'a��7 a�.all as reasonably eattmated a►itially and from Y .
<br /> or g
<br /> ;:._�s.;-�-::�..�-..;:�_�� L�tder on.the ba�is of a�meuts aud b�ls aad r�pabk estimat�ther�ad�Wto the Ivoldea�o#a�mart� -.h-`�- �
<br /> -`-`�-�'t :�=� sach paymeais of Fuads to I�eader to the es0eni tbat Bono�aer mal�es sach�Ym . `�-`'=-°'
<br /> i_ , ;-`,`- ,� �r �'`+��n�.'�.
<br /> � F.� 'r' ` ot deed of trast if s�rch Iw2det is ait�stituti0aa�le�dec � ts ut BCCatmiB o4 tvhiCh aze ' �( �
<br /> �`� If Boriowet paps F�mds to Leudes.tD�Funds sbati be hdd ia an i�atutioa the deposi aca im <
<br /> ` �� � ,�.
<br /> 4�t- iststtrad or�arx�bY �
<br /> ;� , ,=z. a Fe�eral or state agency�iaclud'mg I�if LEader is sach aa ir,stitution?.Lendes sha11 apply � �
<br /> `� � a=� tbe Ftmds tu pay said ta�es.e�e�me�.i�uaace premimns aad g�auad teuts.Lertder may not cbasge for so hoidmtg �. `
<br /> , � "` atrd applYiaS the F�mds.analyi+n8�Q accouat or veritping aud coffip�ing said ass�meute au,�bi�1s.+mlo�Lender paya � .
<br /> � �:t; •
<br /> n �� `�`�.-'.`� HonaweP inLerrst ou the.Fi��aPPlicabte law per�nits Leader to make sach a c�arg�.Hormwer eseb I,En�er rr�ay ;
<br /> .�;%" �ia writing at the time ai e�cutioa oi t�Deed oi Trust tbat iaterest�on the Fuads ahall be.Paid to Botrower,ead �,� r�c,`-
<br /> ` f -' ',•�. tm2e�encb sgteement is made or spplieable law�quir�s sucb interest ta Ue gaid I.ender ehaU�ot 6e�eqttited ta paY u a
<br /> ``1 �' ��=:, Bosrower suY interest or eariuiags on the Fimds.l.ender abalt give to Boriawer,without charg�,sa aufln�a3 aasounting oi ,
<br /> :. -,,..... ..�.:.�.� :.:�,�
<br /> ,��`` �� 'the Fitnds sLn�inB cre�is a�d de6Ita to the Fimda and the purpose tor which each debit ta the Funds was msda.Tke
<br /> ,:.: ... :�r`�' tbis�eed o}Tras�t. � ==�
<br /> �,;'�•;`� ,�,�=;;;;:'�� gunds ere piedged as sdditianal�t9 for the s�s sei.�eed 1�Y ��e�of Fuuds pa psi _ ^�
<br /> �-� F ,J : If the a�ooat oi the Fuads held irY Lender.together with the futtue mo�lY pa ble or to. r
<br /> se�ured to�y ssid ;•
<br /> .,,._ :.`.,�.,<,:�,<'�.�r ��na dates oi�ea.ess�enenta�.insi�rance Pr�ums aud ga�md re�,shaU exceed tte asaount .
<br /> ..,sn1�-_,jr'.;.�.:_�.,�, �'fl���s�������UIId 1C1l18 88.E���.�h eYCe&8 8��f@,M BOITOWBt'S O�tlO!!r • Y
<br /> 5 � -Y '. .�.'n. .
<br /> : ;� a to Honawer or cr�tea w Borsower ua moIItNy installmeat�et Fimae.Zf the amount of.tbe �!
<br /> '- `"� .,� . either ptomptlY repa� -
<br /> iosurauce ume�td�ouad teat�astheq fall [�'�:=:
<br /> -:'',:`��.�":`� `';.` . 'Fimds he2�3 bY Lender sba11 aot be su4�e�ent to�y taa�.as�smea�s, P�� ----_-
<br /> �.r.�'��s��:;?��� y-'„�� du�,Bosrower s1�a11 pay ta Lender a�Y smouat a�r9 to make�P the deffcieac�r in on�ar mm�e payme�►te as LEader _ --
<br /> �-!; � -
<br /> . .�'` • *. �` . . �U�ent iu fo]1 of atl suma sec�tt�ed 1sy'tbie Deed o4 Trust.I.eader ehaU prompttY re�und to Borinwet aay fiiads -_
<br /> ;., .. �..
<br /> ;,';': .`�L.�� ., rY *+ ��}pp/pM� 19 bereof the Pr�etq i�sold os the Properi9 is otherwise soqui�isY 1�atder*
<br /> .Y� .��`-,�. _ .. Lw/J.Ly JJG71� if �t^��if"�Y�
<br /> _,...fe.. ....�.L.,:'�"� 11W{i V�
<br /> - �`:�' :; to t�e sale of the FropertY�ite acq+risit�aa bq I.ender.aay Fimda
<br /> .� ''�:,;.: „ ..: �: �et sha11 applp,ao latet tbaa immalietely peiar _
<br /> -� ��::'�. ' held by Leuder at the t�e of eppl�cetioa as a c�d'it against tbs suma s�ncd by.tbis Deed af Trus� --
<br /> -- �=}::.':.,. dee artberwi�.a11 t�aYmeate�reived by I.endet ttader the`
<br /> :.'`:;',;��::.�:�:s�•: , 3.ApP2�atttcit ot Psyments�Ustt�s applicab3e law ptovl '_
<br /> a�
<br /> : ,,.�`.:':�� ,.:�.��.- � Note sad paragraphs 1 aad 2 henai s1�11 be aQptied bg l�eader fitst is►paYme�►t of amouate paYable tt�Lender.bp�
<br /> `•, ,�;��-:,�:r=-. e on tha Note at the applicab�e coatract�t�and then to the • -
<br /> ..'�_,:,.-.. �:��� , � Borrcrver under pazagrapL 2 heteoi,t�ea�o intenst payab1 - _
<br /> + �}�. . Qrincipat otthe Note. . � .
<br /> , . -` • 4.Prlor M�stgages aaa Dads ot Trast:.CbsrBea:Liens. Bcnrower sbaU pa�foxm eti of Borrower's obligatie�as� __
<br /> .�:.".F�..; undat e�'mest�ge.deod o4 uust or other secuiit�►e�nent witL a f�en wLicb bas priorltp over tLis D�eed ot'Pr�t, . _-
<br /> - iacIudin$ Bomowe�s oovetiaatet to maka paymeam wheu due. Botrower ebaU pa�i or cgt�e to be patd a1! tages. .-
<br /> _= - es�aneats au�o�er ct�r�es.�a ead�nposttioas ettcibutebie to the Froperty wbich�na�y attaia a prloritq'over thia .
<br /> '�r";s.:.;��� Deed o?T�uas,aad leaseIlo �}t ge+ound reats.i4 � � �.
<br /> - 1�=�-�:.:.`--:' �Horrower sba11�p the imgrove�aea�s now e�neting as hereaiter erECted�oa tha Pi+o ,
<br /> �:`;:,:•.;::,•.,.;..
<br /> S.Haserd las�. _
<br /> :::;.:�:�.`� iasused agaiase lass by fire.haza�de iacluded withia the tena °eateaded eavera�e�"sad sueL othas 6azards as LeIIder . _
<br /> ' � �`�'t'"���'"::��, may require.aad�a euaL eaiova�en0 ior s�ch periods es Laader msq etqu3s�e�. . • _
<br /> .. �.. _ ui tge i�vranae s�aU be ehasea b9 tf�e Borruwer subjxt t� approval by �, _
<br /> '`'`.�;`�`; ; :� The insuraacs cettier p:ovidia8
<br /> , ...:,:
<br /> _,5:...:. . .:...:.�.: ��.�t such appruval ebaU atlt be�b1g�viWdeld.All fas�uanca Ooltciea�end�eaewals�there4t sball ba i�e .
<br /> . .... .
<br /> , : � �-.::.� ;. _
<br /> �. �;ti:�::;•°.� :�.. feren aeoeptable�w L�ndec easl�ai1 taclude a etaade:+d�nortpga clause in tavQr o!ead ia a form acoeptsble to � _
<br /> e
<br /> :�,.,:r',:: :�:.: . .�::.; Leadas shaU have t6a tjgbt to hotd the po�iciss and renewala thereaf.sub3xt to the tetms o!eqy mortgage.do�ot�tnisc .� s
<br /> or ather�sec�nity oBt+eem�s►t Wlth e lies�vIl�ob has prioritq over tLia lkod ot Tsus�. .
<br /> '� �=' Ia tho aveat ot las�Borsowet shall�ve pmmpt aottoe w tha iasuraace canier ead Lender.LeaQer may inak�e proot � _-
<br /> ...�::� 04 tcs9 if not ynade psomPtiY b3►Bormwer. � . .
<br /> .'� �: Valess LeaBer end Barrawes,atherwise agcee�a ariting.iasuraace Proc�eeds a�aU ba nppl�ed to restorotion ar repair oi
<br /> : , :��� ,� � t�e Ptopetty damag�,it tl�s+estorattoa or repair�s.ecanomicatjy f�m'b1e aad Leade�a security is aot l�ened.It tl�e
<br /> °•.,..;:,
<br /> : :,,.'.' resoorattoa or repatt is nat eauaomieallY f�'ble or Leuder's s�ity,woutd ba tesseaed���P���aI1 be '
<br /> .:- ._�:,,:.�;_�� �;;� �pplied to the suma secured bq this Se�cu�it9 Iastnsment�whether or uat then due.wita eflp esce�patd to Baurower.lf :,_
<br /> Borm�rer abaadone the Praparty.or does uot answer wit�ia 30 days a natcce from Leader ttiat the msuraace carrles hsa .,�,::
<br /> _ �'� `:'�`�:: ofiee+�to sestte e claim.then Leader maY collect the�suraaee praceoda•I.eader map use the pt+ac�s to repa�t t►s
<br /> ���� �''��� ratora the Fropertp oi 4o paq suma secured by t�e 5ecur�tq Inetrument.whather or aot then due.The 30�ieq per�ad will
<br /> e:
<br /> r-�::�._�_:::-:�,T'' be�w�an the no�is g�ven. �.�==
<br /> ., �:.�:�- :
<br /> �' �`� '�' 1t the Pro�arty te abandoned by BorroRer,or i!Bosrower fa�s to reapond to Lender withia 34 days from th��te
<br /> ;" nottoa ie ma��bp I.ender to Hmra�a►er tLat the insivan�wrrier oitere to settta e c2a�m for insin�aace bene,f'itsi,Lendes � "-.
<br /> ��; .end
<br /> . r �-- ,� � suihatize3 *� �ltect snd apply the ifls�sranca Pta� at Lendes's optton either w restaratiot► or tepair oi the
<br /> --``` :.;; Ftoporty m to the s�as sec�uEd bY tl�ie I�ad oi Tsust. � -
<br /> ' •`--L�-•- '.1:t�� . �:cf':..
<br /> 1�` ,_�t ��' ,' 00-EO�B4 Omoe ot Trast t�m aR1o1NA1. ���������������������� NFa07B2� ''
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