|
,..t:..;,:�.b:•n� •�our• ..s'� �'1Ki,�L_��-- - _�aq',�, �j,.;r ii�iie.-ic4 �a�ars� '�.afrr,d.'r,= ..uaryrui.iS,trSin'arr.ti: ,..aw: .. . .. ..w:yil�i...� �rii�IF. �.
<br /> _.�.uua.rrav,z*.�=hsr.�.__ .t _li�'LIL+Y.�Tif�-i`>. `f��'s'��'��u� ��i�_ '__ a -.s.f .�6.�: ���;
<br /> ___.— _ ___._�.�__- —__
<br /> __.._ ._ '_ � ' �
<br /> � 90-100924 .
<br /> r UNIFORM CaVENANTS.Borrowsr and londer covenant and agree as foliaws:
<br /> � 1. PaXm�nt of P�incipii�nd Int�Nt. Borrowar shalt ptomptiy pay when due the principat.oi and interesi on tt►a
<br /> � indebtedneasevidencedbythel�ote,p�r�epaymentandtatechargesasprov�dedinthePtote.eadtt�spr�rtc�pafotandf�i�rosiesn
<br /> any Future Advances secured by the Deea af Trus�
<br /> 2. Fundabr7uNandlnwranc�.Sub�ecttoapplicabtelawortoawrittenwaiverbyLender,�orrowershallpaytoLender
<br /> on tt�e day rtsonmly inatalimentsof principel and intQresiare payabfe underthe hate,unlil the No:e is peid in fuli,a s�um(herein
<br /> "Fuads")equal to one-twelRh of the ysarly taxes and assessments which may attain ptiority over this DeeQ at Trust,and
<br /> grottndrenteontheProperty,ifany,ptusane-iwelfthof y8ariypremiuminstallmentstorhaterdinsurance,plusone-tweilthol
<br /> yearly premium inatallmenta for mnrtgage insurance.if any,aii as rea�onably estimated irtitiatiy and from 6me to time by
<br /> Lender on the basis oi assessmenb and bilts and ressonable esbmates thereof.
<br /> The Funds shaf I be hetd in an institution the depositsor account9 af which are insured or guaran6eed,by a Federat orsta29
<br /> � agency(inctuding Lender if Lertder is such an institution).LenQer shall apply the tunds to pay said taxes,aasessments.
<br /> insurance premiumsand ground rents.Lender may not charge for so hotding and apptying the Funds,anaiyzing said aaaount
<br /> - orverityingandcompilingsaidassessmentsaredbiits,untesslertderpaysSorrowerinterestontheFundsendappi��ablelaw ,
<br /> permits Lenderta rnakesuch a charge.Borrowerand Lender may agree m writing atthetime of execution otthis[3eed otTrus!
<br /> that interest on the Funds shail be paid to Barrower,and unless such agreemeni is made or applicatbe taw tequires such
<br /> � interest to be paid,Lender shatl not be requaed to pay Sorrower any interest or eamings on the Funds.lendor st�all gh�e to
<br /> Boaower,withaut charge.an annuai accounfing of the Funds showing credds and de6its to the Funds and the purpose for:
<br /> which each debittm tne Funds was made.The Fundsare piedged as additional securitytorthese�ms secured bythis Oeedoi
<br /> Trust � .
<br /> If the amaunt of the funds held by Lender,together with the tuture manthly inst�lU�3�nts of Funds psyabl�prior tu tt�e due • . ,
<br /> dates of taxes,as�ssments. insurance prem9ums and ground ren�slt�!t exc�2:�^�amount required tn pay sa��tax�� • .
<br /> assessments,irt�u,r�fts�:s premiums artd grour.sa�rents�s they tatl due,�c:Cr�ezrn��.shail be,at 8ocrowers op��n.e(thf�.` . .. . . . .
<br /> prvmpby repaid.a(��awer or credited tQ C��-r.,���-ai m.�nthly instatimants o�C-ur�_I1 the amnunt ot the Fundts 4feld f�. • : , .
<br /> Le►zde�rsflallnatbes�.4`'.�cienttapaytaxes,assr.��'y=r'�:.fr:�ncepremiumsand r�urt�rentsastheytalldue.Bo�rowershs� • .'
<br /> pay t"4�ender any arrta�nt rt�ary to rna'_�:;:r�r��da'%c��cy wi4hin 30 days��RS f�a date notice is maii�pt�y Lendar 40 •
<br /> - Barraa�er requesting paymer.o��araot • • • . . • .
<br /> tlponpaymentinfuUoEallsumssecuredl�f':.'�:s�?eeLC`Trus�Lendershaliprom�'��refundtoBorroweranj6.�undshefdt2y . � �
<br /> Lender.If un�er pzragraph 18 hereotthe�s�;a,-�y. is soi�ar.the Property is otherw�se acqwred by Lsncter.�endersitall ap�Zi.y.. . .
<br /> nota?erthanim�rc-�;3telypriortothesalec`t�,aProperiy��'sacquisit�onbyLende.�.andFund�fielGby�.anderetthetics«�`:• •
<br /> aQGrl.ic�.5an as a�a�.'.agairs4:t'-�sums secured by thi4•i.u-�`of Trust
<br /> � J, 1k�piica6cs:�cf#�r�a�.*fl�.i��tess applicable lauv{�-�+s�!,�ot:�erwise,al!�a r.n;A-r�receiwed by tsndsr•�rr��the iv�:3 :
<br /> a_n��-�a,r3�-3p!'s`o:,u�^-��-�`.�4�s;t be applied by Le�d.r�;��i-`;n p8vr��nlof a'►r.y�r��l.ayablo to Lenderby(�art;r,-�Kar urs��
<br /> -�► �:•j��s�n 2 herc-�`.'L�ez t�in:erest payabte on the Note,a-��^to tf;e nr��pr�1 af tf�r h1,4-r��and then ta int9rest acTd�:�rteipal a� •
<br /> ' a:`j'���teAdw�r:�s.
<br /> �_ �harq�a;Li�ns.Borrowersshallpayailtaxes,assessmentsandoµarch�r,�r,��..f;.��sandirr�pasitians.attributa6letott;e ,
<br /> Pra�r3y which may attain a prioriry over th�s Deed of Trust,and leasehotd pay��:�.��F ground cersts,d any,in tt�e manner
<br /> � provicFed under paragraph 2 hereot or,if not paid in such manner,by Borrower m�.k:�r�paymac��;when due,directly to the
<br /> payee thereot.Boirower shall promptty furnish to Lender all notices of amounts due under thi�.pdragraph,and in the event
<br /> Borrower shall make payment directly,Borrower shatl promptly furnish to Lendor recei�tfl evide�cing such payments.
<br /> Borrower shall prumptly dlscharge any lien which has prioriry over this Deed of Trus'�prav;ctod,that Borrower shall not be
<br /> requiredtodlschargeany sucl�IiensotongasBorrowershaliagreeinwritingtothapaym�nto4theoBligationsecuredbysuch •
<br /> lien in a manner acceptabte to lender,or shall in goad faitn cont�st such lien by,or def�nd enforcement of such lien in,tegal
<br /> � proceedings which operate to prevent the enforcement of the tien or torieiture of the P►o0�R1►or any paA thereot.
<br /> 5. 19szard Insunnc�.Borrower shall keep the improvom9nts naw existinD or hor�after erected on the ProQeRy insured
<br /> agalnst toss by fire,hazards included within the term"extonded covera8o",and 3uCt�attier hazards as Lender may require . ."
<br /> and in such amounta ae�d tor suct►periods as Lender m�y requi:e,provi:idd,t�►al l.endor shal{not require that the amount of
<br /> such coverage exceed that amount of coverage requi�e d to�Ay 4h�s�rn�.,ecure d i�y tM�s O e e d ot Trust . _
<br /> - ThiEinsurancecarrierprovidingtheinsuranceshaltb�cho�snby8orrow8►sieb;W�tosppravalbyLender:provided,that
<br /> such approval shall not be unreasonably withhetd.A1t�premiurn�or�insu►Ari��p�ti�::i4s shall be paid in the manner provlded
<br /> under paragraph 2 hereot or,if not paid in such manner,by O�rrower m.�k�ria�a�n�ant,when due,d�rectly t�the ln3urance =
<br /> carrler.
<br /> All insurance poticies and renewals thereof shalt be(r�tormac:ept„b:�to Lende?��d shall include a stanftard maRgage
<br /> clause in favorotand in torm acceptableto Lender.L�snd�:�Y�all hy+rdtlie rightto h�:-�tt�e poticie9and renewalsthereof,and
<br /> Borrower shall promptly furnishto len�er al�renewai not'�:zs and al1 Faceipts ot pa;��rem�ums.tn�he eventof loss.Borrower `
<br /> shallgivnpromptnoticetotheinsurancecasri�randl.ertdeF.�endermaymakeprnc4cflossitnc:Radeprom�lfybyBorrower. • _
<br /> Unless Lender and Borrower otherwise agree ia writus�,��su►ance proceeds sh<,�.be applied to restoratiatt•or repair ot the
<br /> Properry damaged,provided such�estvratio�or repatr;���onom�caltyfeasible�-�the security of this Deec��sf Truat is not �,
<br /> therc��b impaired.If such restoration or repair i�not e����_�icalty feasibte or d ti�r:?securiry of fhis Qeed at lftust woutd be
<br /> iT;,,�:�ed,tha insurance proceeds shall be eppl�ed to 4*b:�..�s secured by th�s L�e�`o}Trust,with the excesa,lf any,paid to ;,p
<br /> G•��awer.N the Paoperty is abandoned by 9orrower,ar.f�orrower f2i!s Lci�es;�?��'to Lender wlthin 30 days irom the date ,
<br /> — � �,r�e:cs is mailed is;+O.ender to Borrower th�t tho insurar:�e carrior ofiers 4o se`t�s�claim for insurance benatlW,Lender is
<br /> 2ub'�y:ized to coi�ect and a�pty the insura:�:.e proceedsr_:L9nder's uption either ta cestoration or repair ot thg Property or to
<br /> the:����ns secur�Q Ery this ed��`T�ust.
<br /> � l'fr;ess Lender and Borrower•oih�rwise agree in wrlUr�,any such application,r;�zooeedsto princlpal sha�3 not extend or
<br /> postpone the due date of tha month;�installments referred to in paragraphs 1 a�d 2 hereot or change the amount of such
<br /> msteltments.I1 unde�paregraflh 18 hercwf ihe Property Is acquired by Lender,all right,title and lntorest o}Borrower in and to
<br /> anyinaurancepoliciesandinandtatheproceedsthereofresultlrtgiromdama8etotheProperryp�iortothasateoracquiaiUon
<br /> shall pass to Lender to the exient ot the sums secured by this Qeed oi T►ust�mmedlately prior to such sale or acquisition.
<br /> _ d. Pns�rvaUon�nd M�int�nanc�01 Propsrty;L�as�halds;Condomtnlum�;Plsnn�d UnH pm�n t�.Borrower shall
<br /> keep the Properry in good repair ans shatf not commit waste or peimit impairment o!deterioratlo�n,o tf he Property and shell
<br /> compty withtheprovisionsofanyleaseilthisDeedofT�ustisonalsasehold.Ifthis0eedofTrusti�onaunitlnacondominium
<br /> or a Qlanned unit devetapment, Borrower shall pertorm all ot Borrower's obligations under the declaratlon or covenents
<br /> _ . creatrng or governing the condominium or planned unit developme�8,the by-taws and regulatlona ot the condominlum or
<br /> planned unit devetopment and constituent documertts,li a condorri;r•�um or planned unit develapment rlder ls exouted by
<br /> Borruwer and recorded toDethtr with thls Oeed ot Trust the covenants and a reemonta of such rider shall be incorporeted
<br /> inta ar.d shall emend and supplemeM the covenaM�and agreements ot this�eed ot truot as if the rlder w�.rc�a paR hereof. �
<br /> � Z'. Prohction o�L�fde's S�curlty.II Borrower faif;t:z��erlorm the covenants and agreoments cont2ir.���.�thls Deed o!
<br /> � Trus�or if any action or proceeding is commeneed vrit�T,raterially aHects lender's interest in the Propert�.�:-:�fuding but not
<br /> limitedto,em�nentdoma�n,insolvency,codeeniorcerr,er,��rarrangementsorprnceedingsinvolvinga�a:��:u��tordecederL
<br /> then Lender af Lender's option,upon notice to Borrower,may make suGh appearances,disburae Such sw►"5 and take sw:.°I�t ,:-. _._
<br /> actionasisnecessarytoprotectlender's�nteres�in�Juding,butnotlimitedto,disbursemer►tofreasonablear:xnay'steeser.� :
<br /> entt�r uponthePropertytomakerepairs.IfLenderrequirc�mortgageinsurenceasaconditionofmakingthetrs�.s�securedby
<br /> the Qeed c!Trust,Botrower shall pay ths premiums ra��.�ired to rtoaintain such lnsurance In ettecl until�:uc+t tlme as the
<br /> requiremantforsuchinsurencAterminatesinaccordancawithBo►rower'sandLender'swrittenaDreementcr�pHcalbelaw. ,
<br /> Bi;rit,w�r►sr�etf pay tt�$smaunt ot a!i mart�aya irs�ranc��r�ssiuFn�in!!tr m:ssss�x ptovldM ssRde�pe.'a��2 hg�eof. ;
<br /> — Any amounts disbursed by Lender pursuant to this paregraph 7, with interest thereon, shall Fiecome additional
<br /> ,� indebtedness ol8orrower aecured by lhis Deed ot Trust.Un less Borrower and Lender agreeto other terms oi payment,such ..
<br /> amountm ahall be payable upon�otice irom Lender to Bnrrower reques�ing paymant hereol,and shall bear interest trom the �
<br /> � dateoldisbursementettheratepayabtelromtimetotimoonoutstending pnncipalund�rthefVoteunlessDaymentafintarest
<br /> at such rate woutd be CoMrary to�pplicabfe taw, in wnich avent such amounts che�i 6ear intaresl ef thv highest rate �
<br /> � p�rmissibfe under opplicAble law.Nalh�ng cor+tamad in this pnregraph 7 shall require L�nderto incur anyexpanso or tako any �
<br /> �tct�dn hereunder. r.
<br /> d. lnsp�eHon.tender may maka or coustr to btf made r�asonnbl�entries upon and�nspect�ons ol the F'roporty,prov�ded / ���
<br /> thet 6endet shall gwe�nrrowat�oUC�prior to any Suc h ms��Ctrvn spuC�tymc�re�sonAb��c ausetheretore reiat�d to l�ndor's
<br /> ini9rost�n the Prgpprty. �
<br /> - , � , •' `
<br /> �,,.. , .
<br /> � _�.
<br /> �"4r.
<br /> �''F
<br /> I�y r' �
<br /> a
<br /> �f��r•�
<br /> a��'
<br /> C_
<br /> � �• ' .
<br /> ' yy�
<br /> , t'=.Y}�A .
<br /> ..5,.'"
<br /> t��, ♦
<br /> �:,-. � - ��.5��-���' ----�i.k7 '� .._ .._ _.�.r��:'�:�...£�..�.� -- ..
<br /> _.... .,,�.
<br /> ,�. ---- c ? ^.•:•� s . -
<br /> _....�w --�--- - . . —_ . .- — --- ---- - —� . _—_ . -
<br /> - „ , . _._ _.__ .._____ ._--- ._.-. ' . �� 'y� '"•'' _ _—
<br /> .:. � _ �
<br /> _.
<br /> _.. __ ._. ___ . __._ _ ___.__ ._--__ ._._.__-_._ _- .__.- ____. . . _. . __ ... _' _. _ ._ --,ti ' - _-
<br /> _'�'_�--•----f--.�-�.�.�---.:-_�. - - -,_ .. _ . , � '_ " _ ' '_.."__._. _ --•--'_.,'r_ _-_ _ _'_ .' _ ' . ._ '
<br /> .-e.-..�-... -- -
<br /> . . .. �F '�".�'� _��.- .�.. . . . . _ �-�.�.r.a1 : 1 -�►�� ... .. � . � . �— � ' . ' '' ^Y _ _...
<br />
|