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<br />39'- 100839
<br />UNIFORM COVENANTS. Borrower dnd Lender covenant and agree as follows:
<br />1. Paynient of PSrsclpal and Interest. Borrower shall promptly pay when due the principal of and interest on the
<br />indebtedness evidenced bytheNote,prepa entandlatechargesasprovidedintheNote ,andtheprincipalofandintereston
<br />any Future Advances secured by the Deed of Trust.
<br />L FundskwTaxaaartdkrs grans. Sub� act to applicable law ortoa written waiver by Lender, Borrowershatl pay toLender
<br />on the day monthly Installmentsofprincipa and Interestare payable underthe Note. until theNote is paid in full, a sum (herein
<br />"Funds` equal loons- twelfth of the yearly taxes and asaeaantents which may attain priority over this Deed of Trust, and
<br />ground rentson the Property. if any.plusone•twetfth of yearly premium installments for hazard insurance, plus one-twelfth of
<br />yyearly premium fnstellrnents5 for mori�age insurance, if any, aft as reasonably estimated initially and from time to time by
<br />Lenderon the laaafs s assments andbitts and reasonable estimates thereof.
<br />TheFundssFtatl Beheidin an institution thedeposiboraccounts of which are insured or guaranteed, by a Federal or state
<br />agency (inc[udfrrg 4dirdr5t' if l�rtder i$ such an institution). Lender shall apply the funds: to pay said taxes, assessments,
<br />insuranceprenriuflsat ,xsrPgpaundrenta Lertdermaynotchargeforso holding and appl yingtheFund %analyzingsaidaccount
<br />arverifyingandcc tiyisig idtassesllrn tsandbills. unl ess Lender pays Borrower intereston the Fundsandapplicab letaw
<br />peimiblendertomakesrud -sa arig¢:13 rower d n ermayagree in writing atthe time of execution otthis Deed ofTrust
<br />tlfr3 r;ttereat on the Funds sf3ie padlrs Borrower. and unless such agreement is made or appticabbe taw requires such
<br />i+stto be paid, Lendersk�!`:aot be required to pay Borrowerany interestorearnings on the FFunds. Lender steal! gwe to
<br />13�rrxwer. without charge; � annual accounting of the Funds showingg cr8dits and debits to the Funds and the purpose for
<br />v;<i��ie each detflittQ the Funds was made. The Funds are pledged Ss arfdittanal security far the sums secured by this Deed of
<br />{f the amountof the funft!teld by Lender, together with the future: monthly it -4allments afFunds payable prior to the due
<br />di(ttfgs of taxe% assessrnei*. , i,.rsurance premiums and ground rents, shall c rr wd- ire: arr..aunt required to pay said taxes,
<br />assessments, insurance prx3gsr ms artci round rents as they fall due; such.' .46mll be, at Borrower's option, either
<br />promptly repaid toBorrawarmc[t+ditrsrt Borrower onntonihtyinstal!mcx ets(F,i �1i 'f1;rsamount of1he- tindsheldby
<br />ndershal not6esutficfentfrot. ay! t> itirsttrsaseesments, insuranGr; rrrttiutrserryq?:+ �jT*; n�, ��srth�ysaltdtie .icsriuxirss1ta11
<br />pay to lender any amount necessery� 1s7 nuke up ttte deficiency r ithin �y ?M; . tdr, ci3i iz-atice is nailed Ley: Lender to
<br />Borrower requesting payment.tt��f:... •.r ,.. ' -.: - . ; " . • ., , ...
<br />Upon paymerrtmhiltal !rgifstlsrsasac�tedbythisl7 cfafTrust,Lendershair ptyre!i: inaBorro -dmwi yFundsheldby
<br />``;), ^declfunderpatagraph f1 f;v3naotthePraperNis td'arthePrapartyisoth"i acgwredbyLender-.t lz�. ersttallapply.
<br />rYllater thanimmediatety0iftirtotnesaleoftheProperiyoritsac uisitionbyVu 7*17r,andFundsheldby:(:r Iderat the time of
<br />". volication as a credit agalr.§i the sums secured by this Deed of�rust
<br />3. Appkation of Pa�nr�+ts. Unless applicable law provides otherwise, all payments received by Lender undei'ift4 tote
<br />rind Para, sphs 1 and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower under
<br />iun8 rap�i2fiereof, thentoihterestpayableontheNote .thentotheprincipalofthe> late, anoiiientointerestandprincipalon
<br />any Future Advances..
<br />4. Charges; Llsns,Bc=wers shall pay all taxes, assessments and other chargei31j<rYt dariiinpohillism r?ztributabietothe
<br />Property which may attain a, priority over this Deed of Trust, and leasehold paymetifi .or.g0jurtd rent-.,,If a,.y, in the manner
<br />provided under paragraph 2 heresi or.. if not paid in such manner, by Borrower itrliklol s.. iment, when due, directly to the
<br />Cayes thereof. Borrower shalt promptryt., mish to Lender all notices of amounts due utTv #2 ff;v s paragraph, and in the event
<br />Borrower shell make payment directly, Borrower shall promptly furnish to Lender receijti evidencing such payments.
<br />Borrower shall promptly discharge any lien which has priority over this Deed of Trust; provided, that Borrower shall not be
<br />required to discharge anysuch lien so long as Borrowershall agree in writing to t ti payment of the obl igabort secured by such
<br />lien in a manner acceptable to Lender. or shall in good faith contest such lien t7 r•'. air defend enforcement o1 such lien in, legal
<br />proceedings which operate to prevent the enforcement of the lien or forfeitw taut: the Property or any part shereof.
<br />S. Hazzard insurance. Borrower shall keep the improvements now exists!-,r ar hereafter erected on the Property in t.ured
<br />against loss by fire, hazards included within the term "extended coverag4 "..z;,d such other hazards as Lender may requ: re
<br />and in such amounts andfor such periods as Lender may require; Lender shall not require that the ameurt of
<br />such coverage exceed that amount of coverage required to pay the suresesea:red by this Deed of Trust
<br />This insurance carr; err,• �-,d idingthe Insurance shall be chosen byBorre aubjecttoa�provalbyLe'sde? provided ,that
<br />such approval shall not be orireasonably withheld. All premiums on insurances po' icies she I be paid rn t-� rs�arner provided
<br />under paragraph 2 hereof q ~. if not paid in such manner, by Borrower making payment, when due, direr'; f to the insurance
<br />carrier.
<br />All insurance policies arr ,renewaYstNareof shall be inform acceptable to Lerder and ?Yell include a s;2;uiard mortgage
<br />clause in favorofandinfor* rocceptab? aToLender .LendershalIhavetherightto "rid eripVi ,':;tes and renewals thereof, and
<br />grower shall promptiv%Fn,ajo a to Lender all renewal notices and all receipts otpoi pramums.In the e>..unt of loss. Borrower
<br />sMa11 give prompt noticeZillim insurance carrier and Lender. Lender may make; px3ol of loss if not made pramptty by Borrower.
<br />Unless Lender and Sgiro ver otherwise agree in writing, insurance procem s nall be applied to reswf,, ,)an or repair of the
<br />PropeAy darssged, provided such restoration or repair is economically feasible and the security of this Deed of Trust is not
<br />thereby imrrl. If such restoration or repair is n0! econamicalty feasible or if the security of this Deed of Trust would be
<br />impaired, tt a,iifsurance proceeds shall be applied to the sums secured by this Deed of Trust. with the excess. if any,,; di:� to
<br />Borrower. It : r, Proppeerty is abandoned by Borrower, or it Borrower fails to respond to Lender within 34 days frc tt> s date
<br />notice is mall?ed by Lence?r to Borrower that the insurance carrier otters to settle a claim for insurance i rv,-f:er is
<br />authorized to collect and apply the insurance proceeds at Lender's option either to restoration or repair o' ?:-,s Pr•- :1;:;-Pj or to
<br />the sums secured by this Deed of Trust
<br />Unless! ender and Borrower othet,03eagree in writing, any such application of proceeds to principal S'--a;1
<br />postpone the due date of the mont}9y installments referred to in paragraphs 1 and 2 hereon or change the aen;ur fl, si such
<br />mstallmenlzt:"'f`r�,nder paragl a.ph 1E hi i mf the Property is acquired by Lender, all right, title and interest of Borrower in end to
<br />anyinsurarr;tipoliciesaut it ,andtotheproceedstitere*fresulf r; :gfromdamage to the Property prior tottic sale oracquisition
<br />shall pass V Lender to dqi> e:rtent of the sums secured by Mis•Ned of Trust immediately prior to such info, or acquisition.
<br />S. Pr a6y*lbn and Maintenance of Property; Ls"siftcidc; Qmdorniniumss; Planned Unit DevOopnwints. Borrower shall
<br />keep the M- geriy in good repair and shalt not commit waste or permit impairment of deterioration of tr.a Property and shall
<br />comply with the provisionsofanyleaseifthisDeedofTrustisonaleasehol d. IfthisDeedofTrustioonaumlinacondo^ .r.nlum
<br />or a planmad. atilt development. Borrower shall perform all of Scitrower's obligations under the declaration or co iscants
<br />creating or'Goierning the condominium or planned unit develcprnent, the by -laws and regulations of the condomir.:um or
<br />planned unit devaloprndnf. and constituent documents. If a condominium or planned unit development r der is excuted by
<br />Borrower and recorded together with this Deed of Trust the covenants and agreements of such rider shaft be indorporated
<br />into and shall amend and supplement the covenants and agreements of this Deed of Trust as if the rider Were a part hereof.
<br />7_ Pratactlon of Lender's Seasrrifle It Borrower fails to perform the covenants and agreements corlAfr .ed in this Deed of
<br />Trust, or if any action or proceeding is commenced with materially affects Lender's interest in the Propert',r, including but not
<br />limitedto, eminentdomain, insolvency, code enforcement, or arrangements or proceedings involving a bankrupt or decedent.
<br />then Lender at Lender's option, upon notice to Borrower, may make such appearances, disburse sath sums and take such
<br />action aslsnecessary to protect Lendeesinteres %including but not limited to, disbursement of reasonabfe arorney's fees and
<br />entry upon the Property to make repairs. If Lender required mortgage insuran teas a condition of making the loan secured by
<br />the deed of Trust. Borrower shall pay the premiums required to maintain such insurance in effect until such time as the
<br />requirementfor such insurance terminates In accordance with Borrower's and Lender's written agreement or applicabbe law
<br />Borrower shall pay the amount of all mortgage insurance permiums in the manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional
<br />indebtedness ofBorrowersecuredbytnis Deed ofTrust .Utr esy rrowet atrdLerrtier esyteeit ,uilzetlowisulpayntenf,suuly
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment hereof, and shall bear interest from the
<br />date of disbursementatthe rate payable from timeto time on outstanding principal under the Note unless payment of interest
<br />at such rate would be contrary to applicable law, in which event such amounts shall bear interest at the highest rate
<br />permissible under applicable taw_ Nothing contained in this paragraph 7 shalt requite Lender to incur any expense or take an y
<br />action hereunder.
<br />Ili. Inspee/ion. Lender may make or cause to be made reasonable entries upor; and rnspect:ons of the Property, provided
<br />that tender shallgive Borrower notice prior to any such rrspecti ;r. specifying teasom ib!ecause theipfore related to LertdHr
<br />ufterest in the Property .
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