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<br />UNIFORM COVENANTS. Borrower and lender covenant and agree as followa:
<br />I* Page W of PI%*W awd littrMiM. Borrower shall promptly pay when due the principal of and interest on the
<br />ebisdrossavidencedbytheNOWle tandlasechargesasprovidedInthaf le ,andthe principal ofendintereston
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<br />2: F�a�irTawea d_ kw_ Aawoe. Subisr. �tbapolicabielawortoawfMmwaiverbyl. erider,B3orrowershaNpaytolander - --
<br />19 to: 1110,111 insurance, a any. a; as
<br />Istrnnenlaa. , b� and reasonable estim
<br />inaninsi tufionthedsposifsoraccounts
<br />if Lender is such an institution). Lender
<br />and from time b tkne by
<br />stied. by a Federal or`stast
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<br />pamtibLendertomakesuchacharge. BorrowerandLendermayegreeEnars "alithattteotexecutionofthb ofTust
<br />that interest on the Funds shall be. paid b Borrower, and unless such apeon, wi t is made or 'EmAkm1be taw such
<br />interest to be id, Lender shall not be required to pay Borrower any intesektor eamings on the ur►ds` Lendergivt to
<br />Borrower. without charge, an annual accounting pf the Funds show its and debits b the Funds and tfte ranlrpoaefor
<br />:`:r , ' ; • ` each debit totheFundswas made. The Fundsare pledged asadditionalsecurdyforthesums secured byffiftOesdof
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<br />Rift amount of the funds held by L ender, together with the future monthly installments of Funds pw,it�tsYpr+vir�v
<br />- '. ;felts of taxes, ataserlsrrnenb, insurance premiums and ground rents. shak a wcead thq amount re to p+fy'spid flexes;;
<br />assessments, insurance premiums and ground rents as thev fall due. s}� erxcess -VW1 be, at 1 gve,,*mWs *p.G_ n, eilher '• ;
<br />promptly repaid to f novw or credited to Borrower on monthly installments of Ivu,iftit the amountof the Ftar�Z bbd by
<br />Lendersttallnotbesuilicienttopayttaces. assessments, insurance premiums and grour�G� :ts as they fall due. l3�er=1
<br />pay to Lenft any amount necessary/ to make up the deficiency within 30 days from tide diste notice is mailed by LwKler to
<br />ESIOMMOwer requesting payment ti r, 9V :
<br />Upon payment in fuitWO sunsirzured by this Deed of Trust, LendersrrastU ipromptly re5jnd to Borrcwerany Fundsheid by
<br />Lender. If utikler paraWa#h 18 his.ecifthe Propef4,Js sold orthe Property is vnvise acquired by Lender. Lendershallapply
<br />nolatetthanimmedw' ia' ,y,priortadtvesaleofthoProperty or its aectulsit•.c 1byite�nder, andFundshetd<"Lenderattftetimoo
<br />applicaticm.,.aa a cretff si�O s st't su�res secured by this Deem -,,# Trust.
<br />3. A alien �Jtlha . U,n*asapplicab,e,.sw p-a�.� iatherwise.all paymer=tsrr ceivedtnrt a nJW, , the Note
<br />and pga t and2ha oof�si Ibe applied by- Lender first in payment of amounts payable toLen�t °ySmvoitrunder
<br />�y Fuhir�fc ciao interestpayabte on the Note. then to the principal of the Note.and than to ire ter+astend principal crt
<br />1. Lfeae. Borrowers shall paYatt taxes, assessments anti othercharges, fines and impositlonsattributabletothe
<br />Property
<br />w1 le" may attain a priority over this Deed of Trust. and leasehold payments or ground rents, if any, in the manner
<br />provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment when due, directly to e
<br />payee thereof. Borrower shall promptly furnish to Lender all notices of amounts due under th this paragraph, and In the event
<br />Borrower shall make payment directly, Borrower shall promptly furnish to lender receipts evidencing such vayments.
<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 an such tree so long as Borrower shall agree in writing to ft payment of the obligation secured by such
<br />lien in a manner accaphble to Lender, or shall in good faith contest such lien by, ordefend enforcement of such Hen in, legal
<br />proceedings which operate to prevent the enforcement of the lien or forfeiture of the Property or any part there f.
<br />S. he=ard lswranee. Borrower shall keep the improvements now existing or thereafter erected on the Properfg insured
<br />against loss by fire, hazards included within the term "extended coverage", and such other hazards as Lender may require
<br />and in such amounts and for such periods as Lender may require; provided, that Lender shall not reQulre that the amount of
<br />such coverage exceed that amount of coverage r wired to pay the sums secured by this Deed of Trust
<br />Thisinsurance carrier providing the insurance shall bechosen by Borrowersublect to approval by Lender pmvided, that
<br />such approval shall not be unreasonably withheld. All premiums on insurance policies shall tie paid in the manner provided
<br />under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the hisurance
<br />carrier.
<br />All insurance policies and renewals thereof shall be inform acceptable to Lender and shall Include a standard mot
<br />clause in favor of and Inform acceptabteto Lender. Lender shall have the right to hold the poticiesand tranewals thereof; and
<br />Borrower shall promptly furnish to Lender all renewal notices and all receipts of paid premiums. In the evental loss. Borrower
<br />shall give prompt notice to the insurance carrier and lender. Lender may make proof of loss It not made ntamntly by Borrower.
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<br />Property damaged, provided such restoration or repair is economically feasible and the security of this Died of Trust is not
<br />thereby impaired. If such restoration or repair is not economically feasible or if the security of this Deed of Trust would be
<br />impaired, the Insurance proceeds shall be applied to the sums secured by this Deed of Trust with the excess, if any, paid to
<br />Borrower. If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the date
<br />notice is mailed by Lender to Borrower that the insurance carrier offers to settle a claim for insurance benefits. Lender is
<br />authorized to collect and a pry mil. ir�surance proceeds at Lender's option either to restoration or repair of the Property or to
<br />the sums secured by this Deed d: Trust. I
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal 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 puagraph 18 hereof the Pr Is acquired by Lender, all right title and interest of Borrower in and to
<br />any insurancepolicieeartd in and to the proceedsCeof resulting from damapeto V*Property prior tothesaleoracquisition
<br />shall pa to Lender to the extent of the sums secured by this [ked of Trust immediately prior to such sate or acqui
<br />ss sition.
<br />S. Pmeavalion and Makdarunce of Properly: Ltaesholda; Condominiums; Planned Unit two Borrower shall
<br />keep the Procsrty in good repair and shall not commit waste or permit impairment of deteriorat�ont of the Property and shall
<br />comply withihsp_ rowsionsofany lease if this Deed ofTrustisona leasehold, If this Deed ofTrustisonsunitInacondominium
<br />or a planned unit development. Borrower shall perform all of Borrower's obligations under the declaration or covenants
<br />creating or Wing 1M eondominrum or planned unit development, the by -taws and regulations of the condominium or
<br />planreed un Nvaio�►rrlent and consMuent documents. If s condominium or planned unit developrn�ent rider {s excuted by
<br />Borrower and racotdtd togNtNr with this Deed of Trust, the covenants end sgregiments of ouch ride+* shall be incorporated
<br />into and shall amend and supplement the covenants and agreements of this Geed of TnrRt as if the ricer were s part hereof.
<br />T. Protiaelial of Lender's Security. It Borrower fails to perform the covenants and agreements ecrntained in this Deed of
<br />Trust 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" arrangementsor proceedings involving a bsArupt or decedent
<br />than Lender at Lendees•option, upon notice to Borrower, may make such appearances, disburse such sums and take such
<br />' action" isnecessay;•i bprotectLender'sintrestincludinp but not limited to. disbursementof reasonable atforney 's%. arsand
<br />entry upon.the Property to maketgmirs. Reinder requiredmortgage insurancess a condition of making the loan secured by
<br />the raged of Trust. Sewdwer shall pay the premiums required M -maintain such insurance in effect until such time as the
<br />tequird�IttttforawChih�luranceterrnlnalpinaccordancewifh Borrowers and lendar 's written aag�7sihcallwornie tor it:albgilaw.
<br />Rc+rr !►rr .tt t?!Y rh! tsrric+W�nt M all mc+r"_je Insc�nrt! pa.mititms ire the mannev provided end herealf.
<br />amounts disDuraad by Lender pursuant to this paragraph 7, with interest thereon. additional
<br />Earl dabtadneaaof Borrower secured by this Deed of trust Unless Borrower and Lender agreeto other termsof payment such
<br />anaunts shall be payable upon notice from Lender to Borrower requesting payment hereof, and shall bear interest from the
<br />date ofdiebursementat the rate payable from time to time on outstanding principal underthe Note unless payment ofInterest
<br />at such raft would be contrary to applicable taw, in which event such amounts shall bear interest at the highest rate
<br />p s u� applicabtelaw. Nothingcontainedinthisparagraph7shallrequireLendertoincuranyexpenseortakeany ��
<br />S. lrlt/eclaw . Lender may make or cause to be made reasonable entries upon and inspections of the Property provided
<br />that lender shall give Borrower notice prior to any such inspection specifying reasonable causetherefore related fo Lender's
<br />interest in the Property
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