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<br /> r 90�.�02�� �
<br /> UNI�UFiM COVENANt5.8orrower and Lander covonAnt a�d ayree a9 tolit�ws: �'
<br /> 1. Pa�nNM o!Pti�►clp�l �nd InNrs�t. Borrower shafk promp�ty pay whe:�du�►ths pnncrpat af and �r�terest on Me
<br /> md�bt�dnaeslevidanCedbyths��ole.p�rtpaymentenctletechar�esa�provided�ntheNote,andthepnneipalolandintereston
<br /> any Future Advan�a��cured Gy the Ueecl af Truat.
<br /> 2. FuneNtorT+�xMMM11M�xahC�.Sub�ealfoapplicablelawortoawrittenwaiverbyLendar,Bor�owbrshatlpaytbLertder
<br /> on Me d�y e�nanMty in�talim�nts of pr�ncipn�end Intere�tare p�+yabta under the Note,until the Note i�paW in full,a�um(herein
<br /> "Fun��")@QGdi t0 Of1�-tweilti�oi tha yearty taxes and asssssments w�icn may attaln p�lorlry uv�r thi�Oesd ol Truat,end
<br /> Qrou���anrionthePropsrlyr.ifany,plu�one•twe�fthof�ea�lypremiuminstalinienbTorh�za�dinsurance.plu�ane-twelfthol
<br /> yeariy premium �nstallments tor moM�gs insurance,if any,all as reasonably eaNmatertl initielly and hom time to time 6y
<br /> Lender o�the basis of ssfasmertb a�nd bilia and re�sonable estimates thetsof.
<br /> The Fundsahell be held in an i�stitution the deposib or accounta o1 which ere in�ured or yuaranteed,bya�Federal or atate
<br /> a�ency(includi�p Lender il Lender i�such an i��titution). lender shall app�y tha funda to pay aald taxes,asaessmenta,
<br /> insurance pram�ums and pround rents.Lender may�ot cha�ga tor so hotdin���d applyin�the Funds,anatyzinp sald account
<br /> o�veriry�r►Qandcompili��s�idaase�sme�tsandb�lls,unteasLenderpaysBarrowainterestontheFundsandapplicablelaw
<br /> permib Lander to maks auch s ch�rQe.9o�rower and lender may egree�n w�iting attnetime af execution o1 thia Oeed of Trust
<br /> Maf tnt�►est on the Funds�hall be psid to 8orrowe�,e��d untesa such agreement is made or applicalbe law rsquires such
<br /> inte►e�1 to be peid,lender ahsll nol be required to pay Borrower any interest or ear�inps o�the Funda Lender shall pive to
<br /> Bor�owe►.without char�e an ennual accountlnp of Me Funds showlnp cred�ts and debita to the Fund�and Me purpose tor
<br /> whicheechdebittoMeFundswa�made.TheFundsarepledgedesedditional securiryforiheaumssecuredbythis0eeclol
<br /> Trust
<br /> It the amount o1 the fuflde held by Lender,topethe►with the tuture monthly i nstallrnents of Funds pe�yaDle prior to t1M due
<br /> daks ol taxea,asssssmenb, insu�ance ptemiums end ground rents,shall exceed tfie amount�equi�ed to pay said Mxas,
<br /> assessmenb,insurance premluma and 9round rents aa th�y fa�� due,such excess sha11 be,at Borrower's optlon,eiMer
<br /> prompdy�epaid to Borrower or credited fo Borrower on monihty mstallments ol Funds.N the emaunt ot the Funds held by
<br /> Lender shall not be sufficieMto pay taxes,aasessme�ts.insurence premwms ana ground re�ts es ttsey tatl due.8o�rower shall
<br /> pay to Lender any amount necesaary to make up the deticienGy with�t�30 deys from the date notice is mailed by Lende�to
<br /> Borrower�equestm�payment thereat.
<br /> Upon payment in futl of all sums secured by this Deed ot Trust,Lender shall prompily refund to Borrower any Funda held by
<br /> Lender.If under para9rsph 18 hereof the Prope�ty�s sotd or the Property�s othe�w�se acquired by Lender,Lender shall apply,
<br /> no later than immedlately p�ior tothe sale of the Property or its acqu�s�t�on by Lender,and Funds held by Lender at thetime of
<br /> appliCation as e credit egAin�t the�um9 sacu�ed by this I)eed ot T.ust
<br /> 3. AppNcaibn o1 Pa��b.Untess nppl�cabie�aw prov�des otherw�se,ail payments rece�ved by Lende�under the Note
<br /> and paragraphs t and 2�e►eof shall be appl�ed by Lendor f ust in payment of emounts payebie to Lender by Bo►rower under
<br /> para9rapf�2 hereot,then to Interest payable on the Note.then to tne Dnncipal of tt�eNote,and then to interestand principal on
<br /> eny Future Advances.
<br /> �. Cha�l;03�nf.Borrowe�sshallpayalltaxes,assessmentsandathercharges,finesandlmpositionsettributabletotfie
<br /> Prppe►ty which may ettain a pnonry over thls Deed ot Trus�end leasehold paymenis or ground�e�ta,if any,in Me manner
<br /> provided under parayreph?he�eot or,i}not pald m such manner,by Borrower making payment,when due,directty to Me
<br /> payee thereol.Borrower shall promptly furn�sh to Lender all notices o1 amounts due under thls para9raph,a�d In the e�vent '
<br /> Barro��r M�t!s�����,�rstcn!dir;,�w�, °anauer sr.::t pr�mptt� t�-r.E�k ta L:.nd;,:r;,;,oirto C�3d�aG��ssttt p3�,tt1��.^.�. _ .—.
<br /> Bo��ower shell��Omptly discharge any lien whiCh has pnority ovet this Deed of Truat prov�ded,Mat 8orrower shall not be
<br /> . •,,,�^q::2:°...�`:.^..�..�.L..o:�"�.,,^,::••L'vG.yi...^,SiS^v:��ya�Sv:ir:v::o:v:so:>oyivc:i.7iiiicii�yivsi�o�jinet�'ifviurov`viiyetii�stt3e�:t�FCUUYitri:it --- - :
<br /> lien in a manner a�cepte�la ta Lender,ot si�att in gocfd taitt�cantest such lien by,or de�fend enforcement of such lien in,tegal �
<br /> roCeedin s wh�ch o rnte to ievent the enforcement of tha lien ot forteiture of tAe Pto '
<br /> P p Pe P perty or any paA 4hereol. r
<br /> 5. Muard tnsuranc�.Borrower shall keep the improvementa�ow existing or hereaRer erected on th�Properry inaured ,�
<br /> against loss by tire,hazards includetf with�n the term'extendec9 coverage".and such other hazards e�Lender may require
<br /> and in suCh amounb and tor such pg��ods as Lender may requ�re.provided.that ler�der shalt not require thet the 8mount of .
<br /> such eovera�e exceed that amouM of coverege reqwred to pay the sums secured by th�s Deed of Trust t �
<br /> This insurance carner prov�d�ng thfl insurance shAll bp chosen fly Borrower sub�ect ta approval by Lender:provided,that
<br /> suCh approval shal ttOt be unreasonabty withheld All premie�ms or*insurance policies shell be paid m the manner prOvided
<br /> under paragraptn 2 hereol or,�f�ot p��d�n such�nanner.by Bor�ower making payment,when due,directly to the insurance �
<br /> carrie�_
<br /> Ali tnsuranCe polic�es an0 re�ewals thereof shall be ar farm accepteble to lend�r and shall�nctude a start�ard moRgage �
<br /> ClBUSe in favOr Of and in iorm acceptable to Lender.Lender shal l have the nght te t�old the ppl�cies and reRewa6s tktere0f,and ��
<br /> Borrowershallp�amPtly furrnsh to Lender 911 renewal not�cesand a�i rece�pSso►pa�d prem�ums.ln theeventof loss.Borrower �
<br /> 5haI1 give prompC c��tibe tothe�nsurance carrier an�i Zender.�ende►may make p:�ol plloss it not ms�e promptly by BOrrower. •
<br /> Un1esS Lead�va-�d Borrower otherwise agree in writ�ng.msurance qro�ee4s shall be app��cdto resloration or repaitolthe �'�
<br /> Property damagecl,prov�ded such�estoration or repa��us economical►y teas�bte tt�ci t�e security ot thi8 Deed of T�ust is not
<br /> therNty imp eired.If suCh re9toration ar repa�r+s�ot ectcn�m�catly feasible or�~tS�e securiry of this Deed of TruSt would be
<br /> impaired,the insurance prpceeds sha�t be apQl�ed to tt�e sums secured by this meed ot Trust,with the excess,if any,paid to �
<br /> Borrower.If the Property is abandoned by 8ocrower.or�}Borrawer fans to respond to Lende►withln 30 days from the da48 �
<br /> not�ce is maded by lender to Borrower that!fie insurance carner oHers to settle a cla�m for msurence benefits.Lender fe
<br /> authOn28d to coi�6ct an0 apply tne insurar.ce R�oceeds at tender 5 upt�on erther ro restoration os r�ipair ot the Propetty Or t0
<br /> the Sums secur�by this Deed of Tru_L
<br /> UnEBSS l.ender and Borrow8r otherwise agree�n wnting,any such appl�cat�e^of pioc:eeds to p�inCipel sh811 not exte�d ot
<br /> pos�Yne the due date ot the rnonthly �nstallments reterre�to in paragraphs t 3��d� nereof or change the arnount at such
<br /> msta?'ments If urtder paragreph 1 B hereot the PropeRy is BCquired by lender,a:! nqn*;.ta�e and interest ot Borrower in and to
<br /> anyinsurancepoliaesa�d�nandtotheproceedsthereofresult�ngtromdama9etothePropertypriortothesaieorecquisitton
<br /> shall pass to len�er to the extent oi the se�ms secured by this O�ed o1 Trust immediataly pr�;5+�*.,z such sale or aCquisiNon.
<br /> d. Prss�vaMxt��d Maint�nance of PropKty;L�astholds;Condaniniumr.PUnn�d Unii ICsrMopnMnls.Bprrower shetl
<br /> keep the Prope�,�ingood repair znd shaU not comrn�t waste or pArm�t�mpa�rrnehta! rletenorat�on o�the Properry end shall
<br /> Com�1�with ine p�nvis+ons af any IeasC d this QeCd of Trs.w�;�,�n 3�Qagghott0 tf;.7��Q�,ot Trust is on a un�i in a condomiNum .
<br /> . or ap�anasd an�iQevei�pme�►t, BGf�firftgf gh8ft(�riG�«��8ii°Uf 8vtrpwer's o��•g�f�rs under the decfaration or covenants
<br /> creat�ng or goverrnng the condomimum qr plAnned un�t��velopment,the byt,iws antl regutations ot the Condominium or '
<br /> planned umt deti•e�opment,and const�laent documerts If a condommium o�planned un�t develppment nder�s ercuted by
<br /> Borrower ar�d reeisrded together wiih th�s.f�e0 ot Trust,t�e covenants and agreaments ol such r�der sha11 be mcorporated
<br /> into and shell amend artd supplement the ch�enants a^C agreements of th�s Geed of 7rust as�f tn�r�der were a part herOat.
<br /> 7. Prot�eNon o1 L�nd�►'�SlCUrity.It Borrower ta�ts L��3ertorm the covendr's�ed agreements conitained in this Oeed Of'
<br /> Trust,or it any action or proce�e�Qmg is commenced wrtr.�atenally aHects Lenaer'SiztereSt m th@ PrOperty,mcludmg but not
<br /> limitedto,em�nentdomaan,��so?vency.codeenforcement:orarrangomentsorprc'�.,ceecl�ngsinvolwngabenkruptOrdf.'CedBM. '"" -�—
<br />. �IIA(1�Afl(1Af A}I AfTf'IA�Q A t�nn �mn�nnt�ra ft►gnn�wwr,may m34g g.�:ti g����'g��°�.�sS�;s'S9�_Ch S�.^.:�_^Q�k8�lS�t1 '
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<br /> actionasisnece��s3rytoprotecSLendNr'sinterest.�ncfudmg,butnotlim�tedto,d�sb��rsementofreasonab�eattorney'steesa�d
<br /> entry upon the Rr;�erty to make repairs.11 L�nder requ+red mortgage msurance as acond�t�on of making the�oan secuied Cy
<br /> the Qeed ot Tr�s�!garrower shall pay the prem�ums requ�red to mamta�n suc^ ��surance +n ettect unbi such time as the
<br /> r�quirementfo►suchinsu►anceterminates�nacco►dancewithBarrower'sandL�F2Qr�swr�ttenagceemsntoraapliCalbelew
<br /> BOnOwer shell pay the a�nount of all mortgbge�nsurftnce perm�ums�n the mar:r:�prowded unde►paregra¢r+ 2 hereof.
<br /> Any amountS disbursed by Lender pursuent to this paragraph 7, wath .^;erest thereon, sha�l become add�tional �
<br /> mdobtedness ot gorrower sscured by th�s Oeecf ot Trust Uniess Sorrc,we►and Lendes agree tnotherterms ot payment.such ��
<br /> I amounts shan Ce.payabde upon not�ce lrom lender to Barrower request�ng payrr,ent nereo�.a�d shall bear mterest from trse �
<br /> dateotdisbur�ec^?nt8lth@retepay�plt�feOmtimptohmoonoulSta�td�ng pnnciRa�undertheCvateunfesspaymentut�nterest
<br /> at S�Ch rate wau10 be eonirc�ry to appi,cable iaw. �n wn�cn event s�ch amouMs S�all bea► mte►est at the n�ghest ra'e ,r
<br /> ' C�rr�:.�3�bie unde.app:�cable taw.Noth+ng Conta�n�d in this par�graph 7 Shall req uu�L ender to��CUf Sny eY Ren 58 Or Ia3k@ 2r y t.
<br /> 7tt:•L�^ hsreund8r �
<br /> 8. f�fpect8on. Lsnder mar tndke or c�use tc>be rnade re3sunab'm�ntripy upo�����I�n5UeC2i0nS ot the F'rG�tirty p�Or�ded �
<br /> thatLE�r�dersha ���:eBorrowcrnoaceQhU9tOii!l+/SUChu 5(�E�U�UntipE3C��y�n���e�;'.On7:7'P� lUS�'1h�retorerE�atetlTOLe^1rf $ �
<br /> �nterest m the���;��rc,r . ,
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