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<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Pdncipat and interesb Borrower shall promptly pay when due the principal of and interest on the
<br />indebtedness evidenced by the Note, prepayment and late chargesa,R provided in the Note, and the principal of and interest on
<br />any Future Advances secured by the Deed of Trust
<br />2. FwmdsforTaxessnc! Insurance. Sub ecttoapplicablelawortoawrittenwaiverbyLender .BorrowershatlpaytoLender
<br />on theday monthly installments of principaland interest are payable underthe Note. untit the Note is paid in full, a sum (herein
<br />"Funds") equal to one - twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust and
<br />ground rents on the Property, if any, plusone- twelfth of yearly premium installmentsfor hazard insurance, plus one - twelfth of
<br />yearly premium installments for mortgaagge insurance. if any, all es reasonably estimated initially and from time to time by
<br />Lender on the basis of assessments andbills and reasonable estimates thereof.
<br />TheFundsshall beheld inan inatitutian thedepasitaoraccountsof which are insured or guaranteed, by a Federal orstate
<br />agency (including Lender it Lender is such an institution). Lender shall apply the funds to pay said taxes, assessments.
<br />irrsurancepremiumsond ground rents. Lender may notcharge for soholding and applyingtheFunds, analyzing said account
<br />or verifying and compiling said assessments and bills, unless Lenderpays Sorrowerintereston the Fundsandapppticablelaw
<br />permits Lenderto makesuch a charge ;Borrowerand tender may agree in writing atthetimeotexecution of thisDeed of Trust
<br />that interest on the Funds shall be paid to Borrower, and unless such agreement is made or applicabbe law requires such
<br />interest to be paid. Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to
<br />Borrower, without charge. an annual accounting of the Funds showing credits and debits to the Funds and the purpose for
<br />which each debit tothefunds was made. The Fundsare pledged asadditional security forthe sums secured bythi tl"dof
<br />Trust
<br />If the amount of the funds held by Leader. together with the future monthly Installments of funds payable prior to the due
<br />dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes,
<br />assessments, insurance premiums d ' nd rents as they fall due, such excess shall be, at Borrower's option. either
<br />ppromptly reppaid to Borrower: cr.*=fi33 1t ',0Xrrower.en monthly installments of Funds. If the amount of then funds held by
<br />fondershallnotbesufficienttapay .laxa=.r.r essments. insurancepremiumsandgroundrentsastheyfaddurr .Surm*rshall
<br />pay.to Lender any amount neder*rf hi; make up the deficiency within 30 days from the date notice is maiita(iby Lender to
<br />(iaiNwer requesting paymentiltdoinfi'
<br />idpon payment in full of all sums ;sound by this Deed of Trust. Lenderslilill promptly refund to Borrower arty 'Funds held by
<br />U� .i ii r; ffunderparagraphl$ hitreditfidf?topertvissoldortheProperty isotherwiseacquiredbyLender ,Lendersh&i)! ply .
<br />iris ataritian immediately prior to the sate of the Property or its acquisition by Lender, and Funds held by Lender attltip trim es#
<br />- applicatfon as a credit against the sums secured by this Deed of Trust t
<br />3; Application of Psymahle. Unless applicable law provides otherwise, all payments received by lender under the fiats
<br />and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of cinrunts payable to Lender by Borrower under
<br />paragraph 2 ijereof, then tirinterest payable on the Note, then to the principal LLf l3 ie Note. and then to interest and principal on
<br />any Future Advances.
<br />4. Charges;Liens. Borrowers shall rp all taxes. assessmentsand other charges, fines aind Impositions attributable tothe
<br />Property whilch may attain a priority cni4i-lrias Deed of Trust. and leasehold payments or ground rents, it any, in the manner
<br />provided under paragraph 2 hereof or, if hat paid in such manner, by Borrower making payment, when due, directly to the
<br />payee thereof. Borrower shall promptly furnish to Lender all notices of amounts due under this paragraph. and in the event
<br />Harrower shall make payment directly, Borrower shall promptly furnish to Lender receipts evidencing such payments.
<br />Borrower shall romptly discharge any lien which has priority over this Deed of Trust; provided, that Borrower shall not be
<br />required todL- c9argeany such lien so long as Borrower shall agree in writingtothe paymentof theobligation secured by such
<br />lien in a manner acceptable to Lender, or shall in good faith contest such lien by, or defend enforcement of such lien in, legal
<br />proceedings w "ich operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
<br />s. Hazard Insurance.. Borrower shall keep the improvements now existing or hereafter erected an the Property insured
<br />against loss by fire. haaardsi Included within the term "extended coverage ". and such other hazards as Lender may require
<br />and in such 2mountsari:dfhr such periods as Lender may require; provided, that lender shall not require that the amount of
<br />such coverageexceed illat amount of coverage required to pay the sums secured by this Deed of Trust
<br />This insunirice carries,providing the insurance shall be chosen by Borrower subject to aproval byy Lender; provided, that
<br />such approval shall not tto� unreasonably withheld. All premiums on insurance policies shall be paid in the manner provided
<br />under paragraph 2 herect er, If not paid in such meaner, by Borrower making payment, when due, directly to the insurance
<br />carrier.
<br />All insurance policies and renewals thereof shale be in form acceptable to under and shall include a standard mortgage
<br />clause in favorof and in form acceptable to Lender. ►Liander shall have the right,t)a; hold the policies and renewals thereof, and
<br />Borrower shall promptly furnish to Lender all renewal noticesan4.isi i receipt ci paid premiums. In the event of loss. Sao'cii a,
<br />shall give prompt notice tothe insurances Barrier and Lender. Lenc& :,ay make proof of loss if'ncit made promptly by Barrinwen
<br />Unless Lender and Borrower otherMse agree in writing, insuor , ceproceedsshallbeaippliedtorestorationorrepairofthe
<br />Property damaged, provided such restoration or repair is econom icai: y feas ;f:re and the security of this Deed of Trust is not
<br />thereby impaired. If such restoration or repair is not economicalti« r a3 :ii11P. ai' If the security of this Deed of Trust would be
<br />impaired, the insurance proceeds shall fie applied to the sums spria Xi. b ti;is. Deed of Trust, with the excess, if any. paid to
<br />Borrower. if-Ibe Property is abandorid Ly Borrower. or if Borrc, -xev a s to respond to Lender within 30 days from the date
<br />notice is Mailr4 fay Lender to Borrower Mat the insurance career ut ors to settle a claim for insurance benefits. Lender is
<br />authorized to collect and apply the ir%sur arnce proceeds at Lender'!: option either to restoration or repair of the Property or to
<br />the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds toprincipat shall not extend or
<br />postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such
<br />installments. If under paragraph 18 hereof the Property is acquired by Lender, all right title and interest of Borrower in and to
<br />any insurance policies and in and tothe proceedsthereof resulting from damage tothe Property prior to the sale or acquisition
<br />shall pass to Lender to the extent of the sums secured by this Deed of Trust immediately prior to such sale or acquisition.
<br />S. Prosarvation and Maintenance of Property; Leaseholds; Condominiums; Planned Unit Developments. Borrower shall
<br />keep the Property in good repair and shall not commit waste or permit impairment of deterioration o the he Property and shall
<br />comply with the provisions of any lease if this Deed of Trust ison a leasehold. If this Deed of Trust is on a unit in a condominium
<br />or a planned unit development, Borrower shall perform all of Borrower's obligations under the declaration or covenants
<br />creating or governing the condominium or planned unit development, the by -laws and regulations of the condominium or
<br />planned unit development, and constituent documents. if a condominium or planned unit development rider is excuted by
<br />Borrower and recorded together with this Deed of Trust the covenants and agreements of such rider shall be incorporated
<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. Prolectian of Lwtdar's Security. if Borrower fails to perform the covenants and agreements contained in this Deed of
<br />Truss, or if any action or proceeding is commenced with materially affects Lender's interest in the Property, including but not
<br />limited to, eminentdomain, insolvency, code enforcement, or arrangementsor proceedings involving a bankruptor decedent,
<br />then Lender at Lender's option, upon notice to Borrower, may make such appearances, disburse such sums and take such
<br />action as is necessary to protect Lender's interest, including, but not limited to, disbursementof reasonable attorney's fees and
<br />entry upon the Property to make repairs. if lender required mortgage insurance asa condition of making the loan secured by
<br />the Dead of Trust. Borrower shall pay the premiums required to maintain such insurance in effect until such time as the
<br />requirement for Such insurance terminates in accordance with BonowersandLendees written agreement orapplicalbelaw.
<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 of Borrower secured by this Deeaf t f Trust. Unless Gorrower and Lender agrcoto Other lsrma o1 payment. such
<br />amounts shall be payable upon notice from Lender to Borrower requesting payment hereof, and shall bear interest from the
<br />date ofdisbursementat the rate payable from time to time onoutstanding principal under the Note unless payment ofinterest
<br />at such rate would be contrary to applicable taw. in which event such amounts shall bear interest at the highest rate
<br />permissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take any
<br />action hereunder
<br />8. Inspection. Lender may make or cause to be made reasonable entr,es upon and inspections of the Property provided
<br />that Lender shat'. give Borrower notice prior to any such inspection specifying reasonable cause therefore related to Lender's
<br />interest in the Property
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