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<br /> � '�IIOIit33 L�AbsELR 9049593 03/19/1999
<br /> • lf NiFORM CovBNANTS. �omnwer e�red Iander cavenaat and ag�as follows: .-_
<br /> , Y. Pa�ri� af Frincl�l end Iett2r�. Bareov►Er shall promP�Y P�Y e,�en dus tke principal ac� iattrest
<br /> � �� , inaehtt�n�ss evidettsed by the Nuts�t�tte charg�as provided in tke Note.
<br /> � �.6Yurfla Por Taxxes a�d I�ure�ese. Sublect to appltcuble ta�v as u��nluen vmivee by Ler�dee.Eore��ver s�nll pay to _ `.
<br /> l,ender nn tks diy mont�lY paYnxn3s of princip$I�nd interest are pxyabte u�er the Nate,nn�l the Nou la p�d ia tbll.a H�_`
<br /> �un(C.'�in'�uu�°)eQt!^•!m ost�-Eeseltih of�h�yearly tsu�es uatd assessntenis(lasl�ed�coadomfnivaa tmd planned unit
<br /> m
<br /> " � devetopt�xnt�nenta if any)wbtch any attssln priorlty ovPr t�1s Deed oi Tws�and gro�rents on dce Pmperty.If �1;
<br /> any�p l�a n e-t w a i t 4 l�o f y e a t t y p n a r�u m installat�nts for t�rd iusuradce�Plua ane-tu'elR6 of yearly premium ta�s�llm�nts _
<br /> far mart�ge insnraaoe. if auy. aU av reasanably e�timated iaidally nad from dme to time by Lender on tiis ba�ls of � _
<br /> _..;�„;° �nenss arnl bills nnd r�easonabte�sdauttes thec�wf. Bormw;r shall not be obligaud w mAke�cb paymeats of Funds � _
<br /> �"`"` nte co the holder of a prtor mortgage or doe�of uust if such holder =_
<br /> :,.�.�:.� , to LQnder m ehe e�ctent Wat Borrower m�ices such paYme __
<br /> is nu i�EttudotLl let�sr. � �
<br /> i . Ii Boimv�rer pays Funds m l.er�der. the Funds s1�U be hetd in an insdtudon the depostts or acaacmts of which are
<br /> } IaSUrid or guar�ntead by a Fed.�ral or state aBencY(iacludlag Lendu if Lepdet is snch an tusdwdon).Lender shall apply �
<br /> the Funds to pay said taxes.�mems.insu�aace premiums and�nd ants.Lender may not chuga for so halsliag sud �
<br /> aPP�yiIIB the Fund9. analyp3ng said aa;ount or vedPying and compiljn8 said asse�mgms and bilis. untesg Lender I�YS --
<br /> ` Boimwer�nterest on the Fuids aud applicable law permits Lender ro make such o ct�rgo.Botcower and Lender msy�g�a =-
<br /> . i. in wridog ai the t�me of peecuttan of this Deod uf Ttust t6at i�t on dte Funds shall be paid to Bomovvu,�nd uuless -
<br /> �. such rg�e�nt is made or qpplicable taw requires s�sh inteeESt eo be paid.L�atler shall u�nt be re�ired to pay�orcower .
<br /> tg ury i�erest or eanni�ugs on tLe Fands.Lendec s1�l1 give co Borrower.wIthout char8e.aa annuW�ccoundng of the F�S
<br /> � showlag credits and dgbits to the�u�s and the puipase for wfitch e�ch debit to the Funds was made. The Fuads sue
<br /> .. � . �. Q1od8ed as addiHo�ral securiry for the sums s�ecured by this Deed of Tn�st. le rlor to
<br /> If t4te amo�m3 of the F�uxLs haid by Lendes.rogethe�wIth the future montWy insmU�of Fuads P�►Y� P
<br /> • . tbe dne dues of tnxes.asse�meats.in�tan�e Ptemi�s and gY+ouud rents.shall ex�ed tpte mno�ai ro4u�ced to pxY s�d
<br /> ' uxes. a�. ia�uance Premiums and groued renis as theY fall due. s�ch excess shiU be, at Borno�vtr's updm►.
<br /> ' ` dther pmmpttY re�d to Bomower or ctediud to Bo:mwer om m�o�thly in�lallmeats of Fw�ds. If the aimount of the Fm�ds
<br /> ' �' lns�ezanoe piemlums and gonnd�en�as thep fnll dee.
<br /> .. .. hdd by I�ender s�il not be svfflcteat to pay t�cs, �e�s, in o�or moie pay�as Leader may
<br /> �.....,�....: Bomuwcr d�ll pay to Irender anp amount�suy►t�m�k+C vP the deficien�Y
<br /> :'�"'� `�' Ug�m Psyment im�I of all sums soaurd by t�is Tieed of'�zusi. L�s�aL'y.-�m�t3;s�P�s�*�� _
<br /> -,` ` .:�.�.� held by Ixnder.If u�des�arag�aph 17 hereof t�s Property►is sald or the Pcoperty is od�snvvise aoquired bl►�•�
<br /> :. . ",�. s�ll apgly. no laut than immodlately prlor to dx sale of d�e Pcoperty or its acquistdon by Leader.eay►Fnnds deld by
<br /> R�-'�.:• r; `.��'
<br /> --,-`"';",,. Lender ai ths dme of appl�eadon as a scedlt againct th�e sum�soeured by this Deod of Tnust.
<br /> -- . � •.'•,,' �ivod by Le�er nmer th,e
<br />_�.�5.<i::T::l�:,,,:•: 3. Appiiq�lon ot P�yma�s. Uutess applic�ble law pmvtdea othetwlse.all PsYm�s
<br /> - ��� .�:, ' of�1�Y�le tv Lender by Hon�wa
<br /> �<;:.�>�Y.a�"'�'�� Nooe a�d puagcaFl�a 1 and 2 hstoof sball be applted by L�ender£¢ss ia payma�t of the Note.
<br /> _--. ����q' wo�kr pa�s�h 2 heroof.then to inurest payable on the Note.and ttren to d�e pTt�i1�1
<br />-' �;:'..j:"� 4. P�MortaaRes and D�s d T�t;Chargesi Leas�Bamuwec s�a�3 p�t'orm afl of Borma�er's obUgations
<br /> er
<br /> .- -=`.,•.`:;; �mder ar�}r tno�age, deod of ausa or other sec�uity►sg�eemeat adth a lien�+hach U�s pII�y over this Doed of'11�t.
<br />_-==_�?�r includlqg ID�mwcr's covenants to make payments when dne.Borrower shall pay or cause w be g�id all mxes.as�ments
<br />-° �: �{��yr�ain a p:iority over diis Dced of T�st,
<br /> and other c�arges.6nes and i�postdoffi atMbwQble to the PmpectY
<br />--,-�4�;-_�„� and lease,hold paymems os gn►uud e�s,if smy' �--
<br /> vemems now ex�in8 or hereaRer et�ected�n dhe PcoPert�► ��
<br /> ;_�;;y�,�.-�.�,� S. fl�aM Inw�raeas+e. Bot�+ovoer shall keep the impro
<br /> -_-- �IISUICa�g��IQ&4 by�te.u871t1�3�OClutlEd�1fl�ihiII thG tGi�l�Clte�COVC1IIgC'•.1fld SttC�l OthCt�ia.4 a9 I�CT�8y
<br /> � �'n'-�����+�� ��pII(�IIY,'6UC�1���S Sl?C�l pC[TOd3�S T.C�S mSj►IOQY�t�•
<br /> -- _`,L;+'?;
<br />-__....._=.-_.� 'ibe iasuranoe carrier providing tD�e ir�suianoe sLaN be dtosen by Earmr�er s�a b j e c t m��1 b y I.�nder;pmvtded. �
<br /> >"'�����,�� tbat such�proval shali mt be unreas�na6ly wItB�'�eld. All iammuoe Wlides afld tene�vais th�+eof sl�ll be in a fomn . -
<br /> :�`-;_•'' -- aoapta6le to Leader and shaU incLude a standard imozt�age clause in favor of ss�3n a foim saxgtable tb�. �
<br /> ---�==--- sba!{En�re rthe cight eo hold the polflsies,aad renewals rhereof.sabjact[o the�era�of any mortgage.dad o!tenss or od�er
<br /> �'�06�"'� sxcudeg au�t with�1[en wh�;cIIa hns prlo�ity ovtr this Doe�i of'4'sust. .--
<br /> - _° Iit�evt�at of las.BQrra�a st�all give pmmpt notice to 9he�nsutance cmtier and i.cnucr.ic,aic�,;���::::�:�'�a -
<br /> _�s� of la5s if not msde F�m�4lY hp Bormwer.
<br /> --u-��"�=`�_� If the PmpenY is uR�udo�d by Bomower�or if Bor�ower fails W c�espot�fl 4o Irender wttldn 30 dnys from the d�te
<br /> - ---.T,� axice is mailai by Lender to Bo�e�t6at the instn�anoe carrlet offers to senle a eWm for insucan�oe bene8ls. I�d+er is
<br />_�u�-�`,..::
<br /> __»��,;:��;;�,;�, authoriud to collect and apply the�praeeds at Lender's ogdon either to catosadon or rep�tr of the Prupeity or
<br /> . �.,..
<br /> - � ,�x:�.: to the s�ms sewzed by tUis Dced of Trust.
<br /> . 6. Presa�ation and Matnteoanoe of Frope�tyi ��� �A�Oi� �°� U�ilt Devdopme�•
<br /> - .: Bomower slml!�ep ttte PioPertY in 800d m�aiT and sLali not cummit waste or perm�t i�i�nt or�io�adon of We
<br /> --- ' '.�•'�;" -, pi,agerty a�d shsll camply wlth t!�pmvisions of a�lease if tmis I?eed of Tinst is on a leasehold. If tLis Bee�of Tinst is
<br /> ��,.«ir:�.
<br /> - - • ,,�'�:��;.�, on a usn3 dn o ooadominium or a�Su+�xd unic devetapment.Boa4mv,eff shaU per6orm all of Bon�owrc's obllgadons uader dae --
<br />-- ,; ,. '�� declara�mmn mr covemnts cr�in8 or Sm'ee�in8 the ooudominiuffi or planned�wit developmeut,the by-laws and negulatfi� __
<br />-;.• of the canlominium��lanned unit developme�,and oonsdtaent doaiments. oa�iood ia this -
<br /> �. Preteeflon�ll�ndet's Se�utty.If�ormwer faila to perfotm s4e oave�s and agca�ents --_
<br /> _._�: Deed of T�st.or if am ssdon or Dtooeedln8 is commenced wlnich mateciallY u4��ocos L�d+er's i�erest in the Pmpeity,then --.
<br /> .: - _._�. _.._._ :.�i„as..e
<br /> ,:*:�` ?• I,e�er. at I�etder's option. u�an �ttce to Bossowzr, may maBCe su� xgpear�. u�v+u� �• �..�• ..-�..-�
<br />_ . .. rpsomble auomrys' fe�s.and tate snch acdon as is n�sarY w pmtect Le�ler's intsrest. If Lender roquic�ed mort�Se -
<br /> . i�uanoe as a condIdon of malci�8 the loan se�vted by this Dcrd of Tm�t,Borr�wer si�il pay the p���� _
<br /> maimaiin s�rdt ins�uanoe in effact nndl such ti�e as the requitement for sach ias�usnoe�nates =
<br /> _ ' ' ,. Bomobver's amd Lrnder's wrlaen agroement or applicalsle law. _
<br /> ,. Any am�ais disbursed t►Y I.ender P�uavam to tWs pa�aph 7.wlth interest theceon.ai t1u Notc tate.shall b�ne -
<br /> _ addtdonal indebtednes�of Bomawer secuced bY ttds rl�eed of Tntst. Uuless Botmwer and Lemer aSt�e theteof. Noihing =
<br /> paymen� such emouats shall be payable npon uodoe fcom Lender to Bomnwer reques�n8 PaY�� _
<br /> coamined in t6is pamgraph�shall requize Isndec to incur any expen�or take a�r acdon hereuad�r. _
<br />- . �. t�pedior�. Lender may mr�e or�se to he made reasoffible�es �nreasomble r�se��t�fw�e�for nlaEOd ro =
<br /> pmvlded th$t LRnder sbail give Sormwet nodce pr�or to a�se�ch in�ecd specjfY�B =
<br /> - Isnder's InEerest in tLe Pmpecty. _
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<br /> ' NeD�19333�3 it98 Osigiaai(&aaosfladl CapY t8seneh) Copy tCu��oaer) p.ee 2 ots �
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