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<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 89—:104615
<br />1. Paytttertt at N4Ncipa an mo
<br />l d kilerast. Borrower shall promptly pay when due the pnncipw of and interest on the
<br />mdsbYdr »asevidencedby.- 1fote.putpa fandlatechargesasprovidedintheNofe.andthepnncipalotandinloneaton-
<br />any Fuk" Advances sacurad by the Dead of Trust
<br />2. Fwsdef rTomagand bwAwK*. Subjectto applicablel awortoawrittenwaivorbyLender ;BofionrarsTis�ptyioLiriiier
<br />on the day monthly insWlmertta of principal andinterest are payable underthe Note, until the NoM is paidihttliL awm (herein
<br />"Furls I) equal to one -two t o! the yearly tarts and assessments which may attain priority over t.DiWeaWot Trust, and
<br />ground refMson tf►rPtoperly, ii any, plulone-lweltth otyearty premium insWlmsnb for hazels insuraneti,pidne- riwtlMt of
<br />yyearly premium insdtlnants for morns" ins+►rance. if any, all as ressonWy estimated inittally•and front Nmgi to time by
<br />lender on the basis of assessments "bills and reasonable aatimahe thereof.
<br />TheFunds shelf beheld in&ninstitution thedeposits otraccounts of which areinsuted orguaraateed. by a Federal orstals
<br />agency (including Lender it Lender rs such an Institution). Lender Shelf apply the funds to pill said taxes. ausetarrants.
<br />insurance premiums andground rents. Lender maynot chargefor so holding and applying the Funds,analyzing aid account
<br />or verilying and compiling said assessments and bills, unless Lender pays Borrower inlereston the Funds and 4plicabls law
<br />parmilsLender to make such &charge. Borrowerany i endermay agree in writing atthetime otexecuti�on of this DeedolTn►st
<br />that interest on the Funds shall be paid to Borrower, and unless such agreement Is made orapp�a lbe law res such
<br />Interest to bepa ld, Lender shalt not be required to pay Borrower any interest or eamiras on the Funds. Lander shall give to
<br />Borrower, wiMOUf chargs, an annual accounting of the Funds showing redits and debits to the Funds and the purpose for
<br />which each dMrittto theFunds was made. The funds are pledged as additional security for the sums secured bythis Deed of
<br />Trio
<br />11iffntsmour*of the funds held by Lender, together wittcihe future monthly installments of Funds payable pii& to the due
<br />dstx%0taxes, &ssessments, insurance premiums and Smod rents. shall exceed the amount required topRyseld taxes.
<br />asspiseienis. irmomrice premiums and ground rents as tfsayrf ll due. such excess shall be, at Borrower's option, either
<br />promptly ropaid ft,$orrotrer of credited to Borrower on monthly inzWments of Funds. if the amicunt of the Funds held by
<br />endershat nqtLAI�tWftientiopaytaxe%, ssments. msuranceprmiumsandgroundrentssi fteyfalldue.Borrowersha(1
<br />pay to Lender arts amount necessary to mrake up the deficiency wile aPT•30 days from the date tyi*ce is mailed by t ender to
<br />Borrower requesi+rrg paymertt thereof.
<br />Upon paymentin futl of ali samssecured try this Deed of Trust. Lender shall promptly rellynd to Borrowerany Funds held by
<br />Lendsr.lf under paragraph 10Isereof the Property is sold or the Property is otherwise acquired by Lender. Lendershall apply.
<br />nolaterthanimr6ediatelypriorto the sale ofthe Property or its acquis: ticnby Lender. and Funds held byLanderatthetimeof
<br />application as a malit against the sums secured by this Deed of Trusc
<br />3. Appkalim of PsymerAiL Unless applicable law provides otherwise, all payments received by Lender under the Note
<br />and p4ragraphs t and? hered, 61tAll be applied by Lender first in payment of amounts payable to Lender by Borrower under
<br />+ 2 hereof. then toi^iltrest payable ontheNaft thtw r-. totheprincipaloftheNote, andthentointerestairdprincipalon
<br />astu e, Advances.
<br />4i, Cherves; Lions. Borrowers shall pay &N-laxes, assermments anclother charges. fines and impositions aff6butablelo the
<br />Proprrty which m attain a priority over It is Deed of Trvj% and leasehold payments or ground rents, it any, in the manrtrair
<br />provided under graph 2 hereolt or, if not paid in such manner, by Borrower making yment when due. directly to tli*
<br />payee thereol. drawer shat) promptly furnish to Lender all notic�zs of amounts due u� thispersgraph, and In the event -
<br />Borrower shift make payment directly, Borrower shall promptly furnish to Lerrrlx3.° receipts evidencing such payments.
<br />Borrower shall promptly discharge any lien which has priority over this Deed Gr Tri..2t provided, that Borrower shall not be
<br />requiredtodischargeanYY such lien so long as Borrower shall agree in writing tott ;ej• w fTrentofthoob ligationsecuredbysuch
<br />lien in a mannernr=ogitable to Lender, or shall in good faith contest such lien by, o4 d>efend enforcement of such lien in. Mot
<br />proceedings wM17 operate to prevent the enforcement of the lien or forfeiture of the Properfpr cr qny part thereof.
<br />S. Hsu" hwwaw*. Borrower shall keep the improvements now existing or helrgafter ei toed on the Property insured
<br />against loss by 'fire. hazards included within the term "extended coverage ". and si dl. other hazards as Lender may require
<br />and in such amounts and for such periods as Lender may require; provided, that Greater shall not r uire thatifae amount of
<br />sucfrcr,!verage exceed that amount of coverage required to pay the sump secured tag this Deed of Trust
<br />TbR PsuianpecarrierprovidingtheinsuranceshallbechosenbyBorrowersubjecttoapprovalbyLender ,provided,that
<br />suc' t?i=^ not be unreasonably wilt. ".ell. All premiums on insurance policies shall be Odin the manner provided
<br />under fAf --&g+ lhlt u': hereof or, if not paid in mach manner. by Borrower making payment, when dtur; dirsctlyto the insursnce
<br />carrier.
<br />All insurance policies and renewals thereof shall be inform acceptable to Lender and shall rin:lude a standard molt"
<br />clause in favor ofand inform acceptable to Lender. Lender shall have the right to hold the Policies and renewalsthereor, and
<br />Borrower shall promptly furnish to lender all renewal notices and all receipts of paid premiums. In the event of loll. Borrower
<br />Shell give prompt rotice to the insurance carrier and Lender. Lender may make proof ct loss it not made promptly by Borrower.
<br />Unless lender and Borrower otherwise agree in writing. insurance proceeds shall be applied to restoration af repair of the
<br />Property damaged. provided such restoration or repair is, economically Tito Wnd rah ;, sawrii ' e 4b.;S I +--A of Trust is rat •? '
<br />thereby impaired. it such restoration or repair is not economically feasible or if the security of {his Deed of Trost would be
<br />Im�;red. the insurance proceeds shall be applied to the sums secured by this Deed of Trust, with the excess, if any, paid to
<br />Rnrcower. If the Property is abandoned by Borrower, at! d 3orrower tails to respond to Lender within 30 days from the date
<br />nchir," is mailed by Lender to iorrower tnat the insuivu:te carrier offers to settle a claim for insurance benefits. Lender is
<br />authorized to collect and a ply the insurami a proceemv ..ender :. ;;.lion either to restoration orf epair of the Property of to
<br />the sums secured by this Deed of Trust.
<br />Unless lender and Borrower otherwise agree in writing, any such ijrpltcation of proceedstapvincipal shall not extenid ee
<br />postpone the due date of the monthly instaiimerts referred to in paragraphs t and 2 hereof or change the amount of
<br />installments. It under paragraph 18 hereof the Property is acquired by lender, all iii hil title and interest of Borrower in and to
<br />any insurance polictesand in and to the proce�edsthereaf resultingfrom damage totg Property priato the sale oracqutsition
<br />shall pass to Lender to the extent of the sums secured by this deed of Trust immediately prior to such safe or acquisition.
<br />8. Piomv Mon raid MaiMenMree of hieperty; Leaseholds; Condamho ltt+s; Plmned UnN Borrower shat l
<br />keep the in good repair and shall not commit waste or permit impairment of deterioravao o the Properly and shalt
<br />comply with the provisions ofary lisase if this Deed of Trust is on a lea3ehold. If this Deed of Trust is on a unit in a condominium
<br />or a planned unit develeprrmt, Borrower shall perform all of Borrower's obligations under the declaration or covenants
<br />cr+lagn or vein +rag the corrdomintum or planned unit development. the by -laws and regulations of thn condominium or
<br />plan unit revek�pment. and constituent documents. if a condominium or planned unit devNopment rbder is excuted by
<br />Borrower and recorded together with this Deed of trust the Covenants and a regiments of such rider shat! txe incorporated
<br />into and shall amentl and suppternent the covenants and agreements of this Deed of Trust as if the rider were a paA hereof.
<br />T. Pralattlaa of ieader's Security. it Borrower fails to Worm the covenants and agreements contained in this Deed of
<br />Trutt, or if tiny action or proceeding is commenced with materially affects Lender's Interest in the Property. Ineft&M but not
<br />!imitedto. emineritdomam, insolvency, code enforcement or arran;ierneintsor 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, butnotlimitedto, disbursementofressonableatlorney 'sfeesand
<br />the uponthePropertytomakerepairs If Lender required mo�sgeinsuranceass condition ofmokingMe loan secured by
<br />the of Trust. Borrower shall pay the premiums required to maintain such insurance In effect unfit such time as the
<br />r Qrltf+en I for such insurance terminates in accordance with Borrowees and 4*ndw*s written aVeement or appticalbe law
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<br />pay Cie amount M Ill mortgage insurance perm+utn9 in the manner provided under paragraph hereof.
<br />tiny amounts disbursed Qy tender pursuant to this pan9rttph 7, with interest thereon, gnat! 6acome additional
<br />indebNdness of Borrower secured by this 17eM at Trust. Unless Borrower and Lender agree to other terms of payment such
<br />amqunfa shall be payable upon notice from Lander to Borrower requesting payment hereof, and shall beer interest from the
<br />dateofd+#bursementat tree rate payable frprn t,me to tune on outstanding principal under the Note unless payment of interest
<br />&t such rats wuutd fie conhary to app: +cable law, in which event such amounts shall bear interest at the highest rate
<br />psimrel+bieunderapphceGie ► aw Nothir�gcontrirredmthisparaclraph7 shall require Lender to ►ncur any expense or take any
<br />attfcsn hrlteunder
<br />0, irrepeetiawl. Lendet may teaye w c ause to be+nade reasur.,jb'e entnes u;'ilh ano inspections of the Property, Wovided
<br />R; al Lender shai I gt ve Brit t j*ei tttbc0�1IUr N at. y ,uc.h .tIr;:;(,tt•`1tt spec 4 jing reast;roable ca u se In orefore reiatedt0 t.er der 'a
<br />trterlyt iii the GrnW.ity .
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