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<br /> �` UWFORWI��60ItOMIK�11d�M�dM COY�fl�nt�fld aq�M a�fd1oMIC _.� -------
<br /> - - � ,.,�..,�,�1, qy�Ml ol Md MMwM4 Barowrsr th�ll P��PpY WY wben dus tM princip�l of�nd ina►a�t on fM _—
<br /> . :�• _ ;-.M „ .,:'� tand InN char�s�s p►ovid�d in the Not�.u�d q�M��of�r�d intanq on .��
<br /> ~�IINNob.prM �;-�`
<br /> ��`� ;•.: ���i ���AQv��s�eund b1►tll� of Truq.
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<br /> •,r , �. Fund�lexT�MIS�I11M�wrs�o�.�iclloapplfcablslawatoawritMnwaivarbyLenOe►.6orrower�hallpsytoL.mde► -��,r-^�--r .
<br /> • �_�;•�•u,r;�, enlhsd�ymonN�yMwhN�wd andlM�atanpayabNued�►d�NnM.untiltMNoMitP�idinfufl.�sum(h�rNn -- _
<br /> -- _ ,;�t., "Fund�")�yua,l m or�.twM}�p� y�ty taxp�nd aaessmenb which m�y attain pdority over thia Ds�d o1 Trust.end �
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<br /> , i.�.�._�... L• proundronbonthePropMty.{tanY,ptu�one-twelfthofyoadypremluminstellmentstorhazardinsurnnce.Plusone•tMrelhhol � --_ _ = ---
<br /> � • � :��4 y�y pnmluT NroWlnNnb la�q�Inwrenae,if any.all as r�ason�bly e�dnu�tsd IniGally and hom nme b Urt�b�r ,,._
<br /> � . ,.. L,M�on tl�bnb d���u�dbiqs uid re�on�Els�stimabs thKrol. me �___.-�.-._—.:.�.�11�
<br /> � ' TMFundsah�llb�h�Idinanlns�piHonihsdepoaiborsccounbolwhkheroinsuredor 0uaranteed,bysFederelorttats ----
<br /> ,� � ap�cy pncludinp I.�nd�r H I��d�►i�wch�n inttih�lon).L�ndN shdl apply ths funde top�y Mid qKes.as�ssm�nb, �;��.=.
<br /> ' , M�u�anespra�nlum�andpnwndroMa.Lsndsrm�y notcherystoraohotdfnp andapptyinplheFund�.anelyzinpaafdaccounl v .._
<br /> 1 drvetiyinpu�dcompllinps�idaswssmsnbandbill unle�sLendsrpays BoROwerints�estontheFund�andapplicublelaw =
<br /> _- 4• �, p�L�dKbmMtewahacfui�.8onowerand�ndsrm�y�proeinwridnpatlhetlmeofexecutionolthi�DeedotTniat �sn��-
<br /> � N �t inMi req nn ths Funda shAll M p�id to Borrowsr,end unless such eproement is mads or appWcalbe 1aw requires euch � ;-—
<br /> _ �' , t in��qb�{.K�d�►slall not bs requirod to pey BoROwer any inlereat or e�mtnga on the Funde.Lender shaU Qlve b k:r i'r::�=�•-,�.,�.�==.,s
<br /> • �i° • Qorrorr� eha an��nwl�ccoundnp o1 ths Funds showln crediq An04eb�bto the Funds and the puryose for i;.,�
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<br />,•��• whiah Nchd�Wtw th��und�wa�mad�.TFw Funds ars plsdped as addidonal s�curil�ea 1he wm9 secured by 1Ms Desd ot .,; . , ���,..
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<br /> ; M�anq�pq pf the wnds hsid py�,M�d�r.�pp�tl�with the tuture mnotNy instpllme�s of Fun¢ts payable prio�to the due {,,( ,
<br /> ':'1�;'• dtlss d taxes.�snwMs.insurqmce P�'��s+aW¢ound�ts.�ext�eed the aencuart r.a�u,red to pay seid texes. ';':;��'�`�'�'rt•'.�•'�%
<br /> .,�.�}:j �,��p�Nniums and around renb ais Ms�r�Q due,such excvas�a�i t+e.�r,G�:�rower's optlon.efther ��:_ . __
<br /> • �'•�r;� prpmpqy�p M porro,rK or cwdiMd io Nrrower arn mantnl instapmenta of F�r►di�.".7 ah�a aynmQLnt of the Funds heW by '� ..• .__- ,,,
<br /> •• .;r�l L�ndersf►sllnotb�sul�ioNntbphrta�c�s.aszesu�snb,�nwrancepremiumsandgroum�rter?75asd1►8y1811due.8onowerehall �I�', ',-
<br /> pG1y 1�l,sodar an an�ouM nec�y b��up fhs dMiciency w�thin 30 days Trczm ttr��a�;rami:rm is moiled by Lender to ' l�` '� "_.__
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<br /> . :ri��;.�:.•��.�. .:•�v in(ullofallwmssecu�edleglhisDeedofT►uh.lenderahallprompnyretuns64alBo:roweranyfundshsldby � � - 'W:
<br /> ir` '� V���n 18hereoftha�r�ypt�ty I�soldorthePro isotherwisea� ulredb 0!ender.Lenderahallappty. ��.it`0�"�'�
<br /> .,, L011da-BWOde►puapnph ,D Y ,t•�t t�x�
<br /> A� _ - .�:: � np1atarth�nimnNdi�h�yptiatothswl�o}tl�ePropertyotitsac uipsiU byLinder.su•�FundsheidbyLenderatthetimeof ; •.�,�:-. _
<br /> .J,: • appNpidon as a cn0it�g�in�t ths wm�s�aured by Mis Deed of�ruat • '.
<br /> �• • � 3, �ppYeaYon pl p Unless appliCabb law�prorides otherwise,all pa1mre^u9 received by Lender under the Note . � .}��-� �
<br /> " � ' �pa�Dhs 1 and�sholl bs appded by Le�der tirst In pAyment of amour.ts payeble to Le�der by Borrower under ;. • b�
<br /> parapraphB�ereof,tMn b intarut payabNon theNote.tt�en to d+��br�c+pal otthe Note,and then ta�rterest and p►incipal on �:�t'��,4;,:;��
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<br /> � _ �,Cha��s;LlMa.Bonowsreehallpay alltaxes.assessmentsAnrxa'S4erchargea,flnesandimposidonsaBdbulablelothe �;�
<br /> P���y w���y�In•p�io�ity over this peed d Trust,end lease�+old payme�rtts or ground renta.if any,m the menner .�}'r s��.•�.�. �
<br /> ' � p�ovidsd under 2hereoT or,if not paid in sucn menner,by BoROwer makwngpayment,when due.direcUy to the - _
<br /> p�yee ther�of. oww rhal)p�omptl fumieh to Lersdar all noticea of emounts�ue under this paregraph,and in the event t-� '%
<br /> Bo�pwar�p malcs t dir�,Bonower aht�t�,pro�mpdy IwMsh to Lendrar recelpts evidencing auch peymenta. �'`i�:�. t-��. =�
<br />- . ----: `:..�:,� 8on6w�a4��pra�t��dEtchaspG sfly'llen s�thl�h has�xlonty over thia f�ol Trus�provlded.that Borrower shall not Ge itryu�:st,�L�c,�;y+r-,a�.�'
<br />`' „ requiredtodMi�ah an suchllansolap�s8onowerahallapreelnwdtinptothepeymentoltheoteliqatlonsecu�edbysuch ;,'+t� ��;���•�
<br /> �; ,•� ' . .'•i,' � Ilsn in a nwnner a to Lender,or shall in ood faHh contest such Ilen b ,or deletd enfor�ererenl 01 auch Ilen in,leyal ��tt��.�`�.{,�'; �,��•+��
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<br /> . ,,,, 1 i whkh p p�r a t e W prev4�t the enbrcemetn ot 1F+e Ilen o►to�lelture of the Property o�Any part thereol. � � •�t�',�•., ,. . ,�
<br />,�• ,." . . , r rr. Proc�sd nps � r S�ZZ'; :' ' ti%'+`':`•`s:
<br /> 6,Mua�d Inwranq.BoROwer shsll keep the lmRrv�em�nts now existln or hereafter erected on the Pro ineured , +,:• '';'::. '-�• 1', '''
<br /> 1,', g PeAY .. /�'� ,t-�;
<br /> a�insl lose b�l fke.huards ineluded wlthin the term"�oxcor,ded coverage",and such other hazarde as Lender may�equire ; �•
<br /> -�•. •. � and!n sacA emoe�b+��t�x wch perlods as l.snder�ay require;provided,that Lender ahall not require that the amount of �,;:,_ .,,��i�.,;__�� °r�
<br /> • sueh eoverape exeeed that amount of coverepe requiretl to pay the sums secured by thia Ueetl oi i rus4 �•;�;,.,�• ;• ;•�K�� i�;:
<br /> • ' ` ' �i' This inaurancecaRier providinp the insuraoce shell be choaan 4y 9onower sub�ectto approval by Lender;provided,Mat � ��, _ _
<br /> . • . such approval sba11 not 6s unreasonably wuhheld.All pramiuma on inourance policles shell be puid in the manner pronded � , �� ,''� r
<br /> '� ' � , undar pa�apraph 2 hereof or,if not pald in euch menner,by Borrowe►makinq payment,when due,directty to the fnsurance � • `��
<br /> t ._! e. CYRIOL 'Si•'�''.,' •
<br /> All insurance pollcieaand►enswala thereof shall be in form accepteble to leaade:and shell include a atandard mortnage ' k %Y ;_
<br /> ' clauss in lavor o1�nd in torm accepfable to lender.Lerder shell heve the rlght 10 hold thepoIfcies ana renewals thereirand ! •f��-
<br /> �-. � Borrower thsll prompdy lumish to Lender all renewgl,r�al.ces end all receipfs ol paid premiuma.In theeveM ollosa.BoROwer 'f;��,,•' •d�—•
<br /> .i,,.:• ' - �,�:�':., �hallqivepromptnoNcetotheinwranceCarrlerandl.er.aer.LendermaymakeproofotloasifnotmadepromptlybyBorrower. � •" �'!�=__,
<br /> UNsss L e n d e r�n d B a rowsr o t h e r wl s ca gree In wriNn p,inaurenceproceeda ahall be apptied to restoretfon or repairof the "__
<br /> ;��P;��,i � �•��F�• � Propetty dama0ed.Provided such re�twavion or�epeir is economicaUy leasible and the security oi thia Deed of Truat is not � " •x-=. -
<br /> • ' '�?��'" thereby impaired.If such re�toratlon or repelr le not economically feasible or if the aecurity of this Oeed of Truat woutd be � ��` ,
<br /> �•,., ' " Impairod,th�inw►ance proceed�aheil bs a�ppNed to the suma secured by this Deed of TrusR with the exceas,if any,paid to ; •.
<br /> • ���� 8onower.If fAs Pr o p e r t�l Is�bandonad b y Borrower,oT If Borrower tella to rea p ond Io Lender within 30 days Irom the date • -�=�•
<br /> �o t i a e i s m a i l e d b y L e n d s r t o B o n o w e r t h a t t h e i n a u r a n c e c a r r i e r o ft e ro t o s e 8 1 e a cl aim lor ina urance benetits,Le�der is t,' �� �i�;�.;;=i•r
<br /> .!�'''' '. i`•��� authoriz�d 3�o colbct and opply�the inwrance prxeads at Lender's optfon eit her to rea tora t ion or repau o f t he Pro p e r t y or to � " S'i.,;, ��;:i'1}•r-
<br /> ."` , ','• �'' the aums eec;.ired by this Dee�1 of Trusl r.,. �.�,f
<br /> Sr` ' �i•.���,. ..
<br /> ,., , ;+;,;',� Unless�mr:dor and 8orrower otherwfse epree in wr it fng,any suc h epp UCa Uon o f p r o c e e d a t o p r i n c i p a l s h a l l n o t e x t e n d o r � , ,,�::��:
<br /> �f�i��;��. . .,�1�•rp'�, po atpo�e ltae due dete of the monthly inafallments re fe�r e d to m paraqrep hs t an d 2 her e o t or c h e n y e i h e a m o u n t o f a u c h
<br /> -�f" instatlments.N under pa�raph 18 hereof the PropeAY 1s acqulred by Lender,all rlqM,fltle ond intereat of Borrower in and b , ���!J� ��`
<br /> ;�;,',� . �.. .. :;-,', ,• ,�i_�=,<<:
<br /> • anylnsurancbpolicisn�n� inendtotheprocoadsfhereofresuldngfromdemepetofiePropertypriortotheaaleoracquiaidon 1�' ��,,.�..�,�
<br /> ���t Y; � ' ���' , ..;;r�'�''r shall paas b Lender to tt�e extent oi tt�e aums aecured by this Deed ol Trust immediately pnor to such sale or acquisfdon. 5 �,. .:
<br /> , ; `- ' ' . d.Prassn►stlon�ndMalnttn�nc�afPropel�:Lus�holds;Coodanfduna:Plann�dUnllDwNowMnb.Borrowerahall �••'�� :�,��,�.
<br /> '�;� _ _, �� krw�f thw PrnMr�y in 400d rapeir e�staall not commit weate or permit Impeirment ot deterioratlon oi the PrOperty end shall ! , � �� ,
<br /> ' � ,�'�'i;r,:•` comply WI1hlheprovislonaofanyleasoillhlsDeedofrruahaonaieasenow.um�sueeooiirususonaw�iiir�ecw�du�nM�ium �
<br /> � or e panned unit development,Bonower shell pe�form ell of Borr��Ne�s obligations under the declaradon o�covenenfs , �
<br /> �•?,�' ' creatlnp or governing the condominium or plenned unit development.the by•laws and regula6ons ol the condominfum or �
<br /> ��� � . � plenned unit developmen•1,and conedtuent documerts.l!a condommwm or Plar.n2d unft developmenl rider�s excuted by � ,.,
<br /> ' � eor►ower and recorded t�get�er with thls Ueed a��rus9,ti�e coveoar�s and agreements ol such rlder aha�1 be incorporated ,
<br /> ��' ��;, Into end shalt eme�d and Supp1eme nt ihe cti�vea�ants anal agreer:�•ts o!1"IS peetl ol Trust as d the rfder were��rt herwot , •
<br /> �'``'�' ! � 7. ProM�Nw�ot L�nd�r'�8�c�ariqt.lr�oteower lafla to perform t���c2+venants end agreements conlemed In this Deed at r, '. � : � ,,;
<br /> '''• Truet,or NAn�acNon or proceeding as carnmenCed wlth meterfally ar"ecia tender's mterest In the Property,includ�ng but no" :�� � .�`
<br /> `'' ' '�y Ilmitedto.ennnentdamaln,insolvency.ccdeenforcement,orarrangemortgorproCeedinysinvolvingabankruplOrdatedBM. .
<br /> `�'};.;,•,� . �..1.i;t;��.;:��;:�; !'i then Lender a1 Lendce►'so�lon,upOn rto t ice to B orrow er,m a y m e k e e t;c n a p p e a�t+h c e s,d l s b u r s e s u c h s u m s o�^�I t a k e s u c h ,� . �
<br /> :,,,';; . �;� • .;,��;,:,, :;� action as la nec6s9arajto���oteCt Lender's Interea�Includln but nof Ilmlted lo,tlte�uasemenl ol reasoneWe aelar�e�y's tees and
<br /> i'c;;�ti;•, �.'��'�'`°;:''�,'!';?;':' � '� the Deed o fic�us��8o�ower aha/ppay 1fie premiums requtred to9maintein such�lnau ance n eHect untic sucr,Iime�es�tne
<br /> !�" ' � � I roqukemo�i:4•o►euch�r,�urancetermlr.At�slnaccordencewifhBorrower'sandLender'swnnenagreementorappUcalbelew.
<br /> '�`� � �',��;. ,! 8prrower s!�81�pe y the amount of all rco*igepe fnsurence permiur^s��the manner prov�ded�•nJer patagraph 2 hereof.
<br /> �� ' , . Any amounta dlsbursed by LenC�R �pursuent to lhla paragr��n 1, w�th mterest thereon. sha�� become add�t�onal
<br /> �.�����. . y �����''4 indabtednasaotBorrowe+securedbYiA�sDeedot7r�sa1.UnlesaBorrowerandlerderagreetoothortermsotpayment.such ,
<br /> � � amountd shell be pays�'e�uIIOn notice from LenCfr to'Eiorrower reGuea�mg payrne�rt�ereoi,a�a snaii beat�atB�ESt irom inC
<br /> � dateotdfsbu►sementpcc^a+a;epay0b�elromtlmet�".•^�eonoutstandmg prmc��a�,.�de�lheNoteun�esspaymentolinterest
<br /> ;'•,.� et such rate would be c�o��nary t�9��p`fCable law. �T �hich everr..such amo�:^':o shall bear mterest at tne h�ghest rate
<br /> � ' ,, •� permisalble under applica�tle law n�tr�.mgcontained fn this parayra��^7 Shall requue Lender to mcur enyexpenseortake any
<br /> • { actlon hereunder.
<br /> ' � 'i
<br /> � �, ��tp�etlpn,Lender may n�ake cK�Ceuse to be made reasonable ent.ies upon and�nspect�ons o1 the Property,prov�ded
<br /> Met L@nder shellgive Borrower r,r9.�e,�rior to any such mspectum spec�ly�rq reasonable causethereforo related to�ende�s
<br /> ,. interest M the Property.
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