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<br /> UNIFORM COVENANT3.8orrower snd Lender covanant end aflres aa lollow�:
<br /> 1. �a�n!M fNnciPM a�d h�Mn�f. 8arow�r sha11 p�omptiy paY wMrt dw the prinaipal ot�nd inMnN pn th�
<br /> �ndiDNd�s wb�nc�d by tha No1�,pt� rM�t and late char�a�provid�d In th�Nots�nd th�prinCipal M and dnMrMl pn
<br /> any Fulur�Adv�cN wcund by ths�ot T�ust.
<br /> 2. fw�d�fo�T�MMdNa�xaeot.Sub�ectto�pplicabblawo►to�writNnwaiwrNyL�.de,�orcowafh�ll�tyloLK�
<br /> - . �nlhnc�_•y�!:e!!!�!;;��}��s�sti�i �a�;r: �r�t!l:s::ro:i:.o;,:.y-��.aur.��:�s.al:s:�u��sil��s.b�i:�:.�l3:.l�.:il�:w:�t(���:� �
<br /> FNndf")�u�l to on�•tw�ifth ot�yMHy qx�s and ass�ssm�nta wh�ch m�y dlain p�ipriry owr Sfii�OMd d T�v�t�nd
<br /> �round r�nb on th�Prop�y.if any.ptua ona-twsttth of ypirly premium Ens411m�nb for huard Inwnncy.plua on�-!wNl�f d
<br /> ysa�ty pnmlum inshlNn�nM lor inwranc�.d any.all as��fanably pqmaNd i�itialy�nd ham tim�b Ifnw by
<br /> L.�d.r a+th.ba+.a...MSmandmO`!an aus+a,a�so�.a..nirn.t..abr.of.
<br /> The Funda shall b�hstd In an tnstituNon th�d�poaib a accounb ol which�r�inwnd or�uua�M�d,by a F�a1 or sMl�
<br /> a�ncy(inciudin� Lends�ii Lender is suCh en insMtution). Lender�hall apply the�unds tup�y�aW bucq,a�s�n�nls, '
<br /> inwanc�pnmlums and��ound rents.Lender ma�ynotcharpe for ao holdin�and applyln�th�Funds.analyzin�Mid�ccount
<br /> a wriyin�and compilinp said ass�sments and b711s untess L�nder pays 8orrower InNiest on Me Fundt�nd�p1 icabl�I�w
<br /> p�mita t�ndu�to mak�wch�charp�.Bonower s�d�ender may a�res ln w►itin�at ths tim�of�x�cutbn oi1Ma�d MTnrst
<br /> th�t inNnst on ths Funds�hall b�paid b Bor�o�w�►,and unlesf such e�rMm�nt is mads or�pp1Ica9b�I�wt�u�n�such
<br /> inNnst to bspaid,tend�r�hall not b�rpulred to pay 8orrower any interest or Mmin s on ths Funda.L�nd�r�hall piw b
<br /> Borrower.without char0�,�n annual accountin�oi the Funds ahowln crsdita and�b to Me Funds�nd�purpo�for
<br /> whlch e�ch dsbit to theFunds w�s msde.The Funds are pled�ed aa a�tibnal securiiy tor the sums secund by fhis DNd ot
<br /> : Trust
<br /> • if th�amount of the tunds held by Lender,topetl�er with the future mos►thly Inatalimenb o1 Funds payable prior to tl►�dw
<br /> � daNs W hx�s,ass�ssmsnh,insur�nce p�amlum��nd gtound rent�,shaM exceed the arnount�pWrod!o p�y faid faxM.
<br /> assessmsnts,ins�xance premiums and round�enb as they tall due,such exceaa ahall bs,af 8orrower's opUon �ithsr
<br /> p►ompMy repald to Borrower or credited�0 8orrower on monthly installmenh of Funds.11 the smount of ths Funda hstd by
<br /> Le�tdershsllnotbesufNcienttopaytaxes,as�essmenta,insurencepremiumaend�roundrenhesthsylalldw.8orrovrersh�ll
<br /> pay to Lender any amount necsssary to make up the deficiancy wimin 30 deys from Me date noNce i�mailed by Lender to '
<br /> Bor►owe�requestiny peyment thereaf.
<br /> Upon payment In full ot all auma secured by this Deed of Trust.Lende�aha�l promptly refund to Borrower any Funds hsld by
<br /> Lendsr.If und�r paa�ph t8 he�eotthe Propert5�is sold orthe Property is otherwise ecquired by Lender,Lende��halleppiy,
<br /> nolater than immediately prio�to tho sale uf the fstoperry or�t�acquisition by Lender,end Fu�ds held Dy Lenderaithstimeof
<br /> epplication as a credit apain�t the sums secured by thls Oee�!of Trust.
<br /> 3. AppNc�Non ol Pa n�b.Unless appUcable law pro1��s otherwise,ell paymenta received by Lender under the Note
<br /> and para raphs 18nd 2�ersof shatl be appded by Lender fir�t�n payment of amounts payabte to Lender by Bortower u�der
<br /> para9rap�2 hereof,then to Interest payabla on the Note,then to the princrpal olthe Note,and then to interest and p�i�clpal on
<br /> any Future Advancea. •
<br /> �. Char�s;l.Nna.Borrowe�sshallpay ailtaxes,assessmentsandathercharges.tiaesandlmpositionsettributaDletothe
<br /> Propeny which may att�in e priority over this Daed ot Trust and leasehold payments or yround renh,ii any,in ths manner
<br /> provlded under para�roph 2 hereof or,if not paid�n such manner,by Borrower making paYment,when due,dlrecUy to the
<br /> - = payae in.reoT.eoROwer snaii prvmptiy iumisn to LenOer att notice3 ot art�aunb Cue under thia psru�rnph,and In the event : :
<br /> Bor�ower ahall makep�ymant directly, Bor�awer ahall promptly lurnist►[o Lende► receipts evidencln�such payments.
<br /> Borrowe►shall promptly discharge eny lien whlch has p►iority over th�s Q�eed of Trust prov�ded,that Borrower ehall not be
<br /> required to dlschar�e any si�ch lien so long as Bonower shall a�ree in writ�ng to the payment of the obllqation seCUred Dy suCh � �
<br /> lien in e ma��-�r acceptable to Lender,or shall in good taiih contest such lien by,or detend en}orcement of such Ilen in,lepal �
<br /> proceedinps which oparate to prevent the entorcement ot the lien or fo�feitu�e of the P�ope�ty o�any part thereof. .
<br /> 5. Fla=atd In�uranc�.6orrower ahall keep the Improvements now exlatiny or heresRer erected on the Property i�aured �
<br /> a�ainst tos�by firo,hazards inctuded within the term"extended coveraqe",and such other hazards as Lender may requlre °
<br /> end ln�uch amounts and for such periods as Lender mey require;provided,that Lender shall not repuire that Me smount o1 -
<br /> ' such coverags exce�ed Mat emount of cu:refe�e required to pay the sums secured dy this Deed ot Trcrat
<br /> This insurance cAr�ier providing the+n�urance ahell b�chosen by Borrower sub�ectto approval by tender,provided..that �;
<br /> such approval shall not be unrea�onably w�thheld.All premiums on insuren�e policies shall be paid�n the maRRer prowded ';
<br /> under pareqraph 2 he�eof or,i!not paid in such manner.Dy Borrower making paymertt,when due,directly to tha insurAnCe
<br /> carrier.
<br /> All lnaurance poticees and renewals thes eo1 ahall be in form acceptabte to Lender and shall incl�e a etandard mort�aye
<br /> cl8use in tavor of and i�form acCeptabte to Lender.Lender shall have the nght to hotd the policies ar�renewals thereo(and
<br /> 8orrower shall promp!ly furnish to Lender all renewal noticesand all receipts o1 psid premwms.In the event of Ioas.Borrowe� �
<br /> shall yive promptnoticeto the insurance carrier end Lender.Lender may make prool of toss if not made promptly byBorrower.
<br /> Unlass Lender and @orrower otherwise agree in writing,insurance proceeds sP�all be apptied to resto�etlon or repair o�the
<br /> Property dama�ed,providcd such restoration or repair is eaonomically teasible and the security of this Dsed of Truat is not
<br /> thereby impai�ed.It suCh restor8tion pr repair is not economically teasible or if the security ot this Deed o1 Trust would be
<br /> impsired,the insurance proceeds ahall be applied to the sums secured by this peed of Trust,with the excea�,it any,paid to ,�►
<br /> 8orrower.!f the Property►s ebandoned by Borrower,or if Borrower feils to respond to Lender within 30 days from the date • �
<br /> notice is mailed by Lender to Borrower thal the insurance carrier ofters to settle a c{a�m for insurance benefib,Lender ls •
<br /> authorized to collect and a�pply the insurance proceeds ai lender's option either to resrorat�on or repair of the Properly or to
<br /> the suma secu�ed by this Deed of Trust
<br /> Untess Lender and 8orrower othocwise agree in writing,any such application ot proceeds to p�incipel shell nol extend or
<br /> postpone the due date of the mo�thly insta�lments reterred to in paragraphs 1 and 2 hereof or change the amount of auch
<br /> �nstallmenb.Ii unde�parag raph t 8 hereot the PropeAy is acquired by Lender,all ngh�titte a�d interest o1 Borrower in end to
<br /> anyinsurancepoliciesandinandtotheproceedathereotresultingtromdamagetotheP►opertypriortotheaateorecquiaition
<br /> stsall pass io Lender to the extent of the sums secureci by lhis Oaed o#Trust immediste.'-�+pr�or ta such sele or acquisiUOn.
<br />. Q. Ptq�rvallonandNlslnNnanc�olProp�rty;L�as�hoWs;Condominiun»;Piann�dUnitQ�vNopm�nts.Bprrowershalt
<br /> keep tha Rrop�rty in good repair anci shall not comm�t w�ste or permit impairment of de!erioration of the Property and shall
<br /> complyw�th the provisions otany lease i}this Deed of Trust is on a leaseho�d.If this Deed oOTrust is on a unit in a condominium
<br /> or e pf8nned unit development, Borrower sha��perform all of Barrower's obligations under the dectaration or covenants
<br /> creating or governing the condominium or plar.ned un�t developmen�the by-laws and regulations pf the condominium or
<br /> planned uni�deve!opment,and constituent documents.If a condominium or planned unit devetoprttent rider is excuted by
<br /> Borrower and reCOrded together with this Deed oi Truet,the covenants and agreemert*,s o1 such rider shall be incorporated
<br /> into and shall amend a�d supplement the covenants and agreements of this C�eec!o}Trust as i1 the rider were a part hereot.
<br /> 7. Prot�clian ol L�nd�r'�S�curity.I}Borrower fails to pe�torm the covenants and agreements contained in this beed of
<br /> Trus�or it any action or Proceeding is commenced with materially afiects Lender's interest�n the Preperty,inctudinq but not
<br /> limited to,eminent dorteain,inso(vency,code enforcement,or arrangements or proceed�ngs�nvolw ng a bankrupt or decedent,
<br /> then Lender at Lender's opUon,upon notice to Borrower,may make such appearances,d�sbwse such sums and takesuch �-__ -- --
<br /> action as is necessary to protect Lender's interest including,but not f im�ted to,disbursement of reasonebte ettorney's feea and •
<br /> entry upon the Propertyto meke repairs.tt Lender requiredmortg2geinsuranceas a cond�tion o}making the loan secured by
<br /> the Deed of Trust,F3orrower shall pay the premiums required tb maintam such insurance in efiect until such tirne as the
<br /> requlrementforsuchins�renCeterminet95inacCOrdancewithBorrower'sendLender'swritteneg reementorapplicalbelaw.
<br /> Borrower Shall pay the amount of all mortgage insurance permiums in the manner prov�ded under paragraph 2 heteof.
<br /> Any amounts disbursed by Lender pursus�t to this paragraph 7, vyith interest thereon, shal! become additlonal
<br /> indebtedness oi Borrower secu�ed by this Deed of Trust Unless Borrower and Lender agree to other terms oi payment,such
<br /> amounts shall be payable upon notice from Lender to Borrower requesting payment hereot.and shall bear�nterest from ihe ' N�
<br /> Id�teotdisbursemontattheratepayablefromtimetotimeonoutstanding pnncipalundertheNotPUnlesspaymentotinterest
<br /> . at such rate would be coratrary to applicable law, in wh�ch event such amounts shall be�ar�nterest at the h�ghest rate �
<br /> permissible under applicatrte law.NotFi�ny conta�ned�n this paragraph 7 shal�requ�re Lender to incur any expenseor take any ,,f
<br /> action hereunder.
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<br /> 8. (n�pectlore.lender may make or cause to be made reasonable entnes upon and inspecti�ns ot the Property,prowded csf�
<br /> that Lender shall give Borrower not�ce pnor ta any such�nspect�on spec�fymg reasonable causetherefore related to Lender's �(
<br /> interdst in the Property.
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