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<br /> .. ,.;,;: � . UidIFOR1A covENANTa Bonaww.nd l�nd�r cown�nt�nd wrM■.lalows: �,Y
<br /> t.'��M d�oN1eIPM and MN1ML 8prtowa�h�ll Aromptly paY wMn dw tho pnnelpal 01 and IntM�q On tM
<br /> • :��•• in0�61rdMasw10�nadb1llMNoM.PnW tandlsMchu�wP►owd�dinlh�NoM.�ndth�pmClpNol�fidiMMMton r`_
<br /> �nY Fulun Adw��s a�cund b1►ths ot Trwt
<br /> . �""`:.-,'..� �.Fw�MIMT�rMwdNMwa�o�.Sup�t b�PD�iCa4Nlawata�wntNnwaiwrbl►1�r.8ortow.►�t{poyM�t+wxi�r F:�'•--L•
<br /> ��'p"�� onth�d�lrmon�llln�MllnMnaap�ip�lindfnMn��u.payabNundMtMNoM.untlith�NobbP�ldinlull.awm(h�►Mn `-
<br /> ''-', ': �.:t,:.��:` _. : �° "Funda")eel�n��!o on�-lwMllh M fh��rly hxM�nd as�m�nb whlCh may�M�fn P►wNA►owr dW OMd ot TnNt.�1 _
<br /> `�; -�', ':z�;�..�_'w qrowidnnrion�li�y.Wu�o+M-twMMW�rIyPr�n+�u^�imWhn�nblorh�rdlr►wrN,ho�M��i►i Wa�bli = ` -
<br /> '.t�°''�a�iA'' ��� q IIISIJf�fICO if• - �11 M�wor�by►�Md M�tlsW!► ��
<br /> .1 ':e�,`.` �' ��i Y. �on a�.b.sf.a a�nMmO"°M biu:.na n.:onaa..aqn.w.Mn.or. =r��
<br /> - ' ,:•c.:r•c� Th�Fu�ds�hsllb�h�Wlnru►Initllutlonth�d�poslboraeeouMS0lwhkh�nlnsur�dwqwnnM�d,bY�F��orWM
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<br />..,-a,� � �� a�M�oY(lncludin�L�ndM il l�nd�r la sucA�n insltqdion�.L�nd�r�AW�pply the lunds 1op�r s�fd tvc�,aswN#n�� ;-- r-
<br /> :-�•�;�" �.,�� �" � insuranC�P����O�ndronts.LandKmaynotch�uy�forso r��ndN�1�0�Fw�,�n�y1=�0�� �E.;,'��=-
<br /> awribtn0andeompU�nps�id�ss�s�msnbu�dbflls`uN�ssl�nd�rW�iys 6onowKlntw�Nonlh�Fund��uid�pl _1c�01N�w —*R�;�=4
<br /> s_.��i;':�e ;. -. �. . ��L�ntNrbmak�wcA�charp�.8ortow�►andl:�id�rmayprMinw�Nin�
<br /> �tthetl,n�of�,c�cu�onawrovwoaTn�t �,�,�
<br /> -- itait InNnst on th�Funds d�all b�paW to Bortownr.and unNss woh�yreement ia mad�a�pp��1b�4w�quM�M� wcli
<br /> �`: ��: ;;, •, . InEMMt m b�p�i�,l�sndM ehall not b�reqWrod to pay 8ortowN sny InMr�sl a� On tM�Fur�ds.tanlMr t1uN�iv�b •..�L�:�oi;,::
<br /> - � z BoROw�r.without�r� an annual accounrin�ol the Funds showing_gred�b�nd d�6i�b to eM Funds a+d IMpu�poe�� �.�K,.._
<br /> _ _- ��' � ,,,'�'�?4;.�r� : wAfch�sch d�bit totMFunds was mada.Th�Funds�u�ptectg�d as aaatlonal s�cwly lo►tM wMS s�cund�r fIW DMd ot .
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<br /> '�',,,R„ 11 the�mount of the funda held by Lender.to0ether wtth ths tuWro monthly InsW 4nenb of Funds D+Y�P�ior b IM due `•-�;'r�;.'''-
<br /> . '.����..,, .�„ •�� �: , d#1e�ottaxe�,�st�ssmeros,inwr�nca premium�and pround�ents.shW excMd the�mount npWred b Wqr wfd Wc�s. -..t,,�__
<br /> � y �, - •�• �•� ' asse�smenta,Insurenae premiums and ground rents as�ll due,wch�xceis ahaY b�.at Borrow�r's optbn.Nlhe►
<br /> - i_-'._'�_,..,^?�:�_y pi08i�tty i8�t0 80ti4ttlOt o!Cfed!!Ed fo BotrowM On Inat�Unr�nb o)F�M1ds N tlf�aNlount ot tIN FWWa hNd_b�!
<br /> -.� ,.. - ,. ,., � . .•...,,� Lendershallnotbseufflcienttop�yfaxes�aasesements.insurancepremiumsandprax►dronbssth�ttWdu�•8orrawM�n�u�
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<br /> � � p�y b lNlder an�r�mount I►eceswry to m�ko up 1hA dMidenCy wNhki 30 days from fM d1iM�otics is maWd Dy lMidYr to eUnz,�
<br /> „ , Bonowar ro4u�PaYment 1hKeot. �.�� '� .
<br /> �": `.��..�"` • , Upon pa ytnsnt In full of all sums secured by this Deedof Troa�Lendershall promptly re�und to BoRawa a^y Fu�ds Mtd by ��-�'
<br />"�.a " „,, '�` ;% Lender.IfundKparaQraPhlBhereottheP�operty issoldorlhsPrope�ty iaoth�rwiss�cqwredbyLender.LenderM�Il�pplY � '"- ,.�';
<br /> '��� j; , _:�';. �i'� no later than imm�dletNy pdor ro the aAle of th� e PropeAyo�ib� i� siNon by l�ndar,and FwWs hald by Lender d thNim�o� � ,s�:us_r
<br /> �;;i�cs ��,�; �pplloatbn aa a cndit aqalnst the aums aecured by tl�ie Deed�rust. w� �i••"`
<br /> i,:�: . Iwr;, 3. �����d P�1mMeb.Unlesa applicable law ovidaa othe�wfse.all payments recsived by Lender under ths Note ` :r�„.
<br />���°.-�, ' and p��p repha t and p'heroof slwll be applfed by I.en Nrst in ayment of amounb payabk to Lendsr by 8arawer w�de�
<br /> '�' '��'Sr r,. � �pb2hereM.Mentai�tWestpaqabloonlheNot,�thentolheprincipaloftheNote.�ndthentofntanalandprincipalon �J.
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<br /> ,.;:«t;�,,� �4�... . • i,,,.:��.r luiy utu�e Adva�ces. onsalMbut�Meto the .,�=?�,•
<br /> r,� %..,, ,, �, CAIi�a,LMns.Bonowensshallpay alltenes.assesamenbandalherclwrpe�,H�esan0imposid
<br /> n�,�'� � � ` t�°`�:. Props►ty wAiah rtwy atlain a pdority ov�r thia Deed af T�u�t and leaaehold payments o�g�ou�d rents.if�ny.in fhs m�nner `t,�,�,�{,.,:
<br /> • � � s� • �'+,:, � provfded uodar pareg�eph 2 he►eoi or,if not�id in euch msn�e�,by Borrowa makiny yme n�when due.dlrectlq fo the (
<br /> payes the�eot.9oaower ah�ll promptl tum�a..•o lsnder sll noticea of amounb due u�le�s p�r�praph.aod in ths event . sg��;,:
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<br /> –_._ � : �! y���•�v� Bortoww shall make payment dir�eUy.Bo►rower ehAll prompny fumish to lender recNpb eWdsncmy such pa nte. � �� ..
<br /> �. ,,:.:. '�, 7 -� Bonower ehallp►omptty disch�rys any U�n whicn has pnoriip owr ihib Oue�at Tru�Pt�lRai 8asro+aer�be
<br /> �' 7:� requlrodtodlachargeany suchNenaolonqas8onawerahsNaqreeinwrflfn�tothspaymentofthsoblipadonaecuredb�rsuch {���{��_�-,�:
<br /> • � r ' � • ;�t.••��'^���� Iien In e manner acaeptabls to Lender,w sh�U in 9aod laith contea9 fuch tien by,or dslsnd entacemi+nt of euch Ilen fn,la�el ��,,,,r,,
<br />=�'il��, i �.��..:�.�,,.;��.:.;�}; ,,� prooeedinge whiob operaa to prevent the enloreemeM ol thA lian or IoAsfture of the Prop�Ry or eny pah tt►ereol. --_ „
<br /> tip , y.�`r��d,� ,�,s:� 6, ►qq���p�a.Borrowe�shall keep lhe knprovements now exlstinp or hereetter erected on the Property inaured
<br />" ,��. , a�3` `���<< � .;, ep�insllosa by fire,huards included withln ths term"extended covar�ge end such other hata�da as Lender may�epui�e 7� �,�
<br /> -����`` • ', ,;!, and In auch amounts snd for auch perlad�aa Lende►m�y require;provid�d,iluit Lendsr shall�01 requiro that the amouM o1 a�
<br /> - � i t;�'�--4���{r y%,�=�� such aoverage exceed thet emoum of coverapa required ro pay 1he suma secured by this Oeed of Trua� '.,_��•`'
<br /> �. ` ,.�,� _-
<br /> �,�;�, ;: �,�'' �� Thfsinsurancecaaier provlding the insurance ahall be chosen by Borrower sub�sctto approval by Lender;provided,thet _
<br /> auch app►ov81 ah�N not be unreaaonably wlthheld.All promwms on insu�ence pot�cbs���b9 paid in�he m�nner provided E'"� '
<br /> � '`";�'���}�!���� undsr paragreph 2 h�roof or,if not pald in auch manner,by Barrowe�mskinp p�ymen�when due,diracdy b the i�surance ' ��L�
<br /> , s �..°-� ' m'.`•�'-,j.1'� Cirfl9t. ��'�t.:��:�..
<br />,� .:;� . All ineurance policles and renewal&1herAOf shall be f�torm ecceptab!e to Lende►and ahall include a sundard morl�aye r:-»��v
<br /> ,�,� ,,, �`�• ,,,,,;-. clau�e in favorof�nd In fonn acceptabte to L �nder.Le�der shall heve the rlght to hold the policiea and�enewalsMereof end �. _
<br /> � =�'y��---'-Y�`Q Oatrauorattallpro�esptlyturnlshto�endereHrenewpi�micwnpndeU�acafpfsolpaidp�emwms.Inlheeventollosa.Bor►owe�
<br /> '���� � '�'�`� ' '•� '� shaQ�ivepromptnoticetatheinaurancecer�ierandLender.lendermaymskeprootollossUnotmadeprompltyDylionower. 4'I_.��_"=
<br /> �� • '•;�"••� � � UntesslenderandBonowerotherwiaeagreeinwrlting,msuranceproceedssh�IlbeappNedtoro�taatlonarrepairofthe � �•-�-�-
<br /> ''�: •�..ti:. � .., ...
<br /> �� . � . - ;,���_,�; Property dameged,prondsd euoh re�toratlon or�epau ia economically feasible end the aecurlry ot Ihia peed o1 Truat fa not ',f�`:1?����
<br />�,� r:,.:•.; therobyknpalred.II such restoretion or repau is not econornlCally leasfble or d the securiry ot thls OEied ot Truat would be ,
<br />.;���, �,„�'�.,, , ,�.;a:, �• Impai�ed,the Insurance proceeda ahall be eppbed ta the aums eecured by th�s Deed o1 Truat,with the excesa,i1 sny.paid to •�•�-a'.'
<br /> �� � 8oaower.It the PropeAy Is abandoned b Borrower,or il Borrower la�ls to respond to Lendar within 30 days Irom the date , a'�};
<br /> ��'•�. , n,.• ' nodce Ia malled b�Lender to Bonower t�iat the Insurence cerner oHers to seNle a claim lor lnsuranee benelits.Lender Is � _
<br /> w"` �•'r;��J;+�:�.:: " ' auffio►i:ed to collect and apply the maurance proceeda at Lend�r's optio�either to restorauon or repau o1 the PropaAy or b n,...�,`;-
<br /> ;'•,.,� :���y ,_. ., ..;, : the wnu�secured by thls Deee of Truat F.�.',`.� •.
<br /> • '�• � ' r:- � � °� � Unlesa Lenderand BoROwer otherwiae agree In writing,any such appl�callon ol proceeds to prmcfpel shall notexbnd or ��,�,._;__.
<br /> � ',� � . •�� :-. pp�tpo ne the due date of the monlhly inatellments referred to in paragrepha 1 end 2 hereot or chanye the emoum of such • •�-
<br /> ;4�, C{, �`'�'��,'�,`��'� : inet�llmente.lf under peragaph 1 B hereof the Property la acqwred by Lender,ell rlght,tllle and ioterest of 8onawer in end to _ ..
<br /> ""'' ' at-��� ''�� en Inaura�cepoACiesandlnandtptheproceedsthereofreaultinglromdama elofhePropertyprlortotheealeo►acqulsition �
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<br /> .I�. .,;��;i,.��� ' shall peas to Lender to the exlent ot the aums secuted by thls Oeed ol Truat mmedlatel rfor to such sale a ecqw�lrion.
<br /> . ,. , 6. PreMnr�tbnandNlNnhn�nc�ofProp�rty;Len�hold�:Condo�nlnlua�s:Pl�nn�dUnND� Bot�owershell � , ,;-
<br /> ••, �.,:
<br />��ti `,�.a•,:•� .�w ' ' kA9p t119 P�operty In good repair end ahall not comm�l waetA or pe►m�t Impekmen t o f de ter iora t fon o I h e P r o p e►ry a n d s h e l l E,�F i�1?t�'•�::
<br /> ;,,�. _ ` • ' ` � complywith Me provfsloneol any lease if this Deed ol Trustia on e Ieaaeho W.If thls Oeed ol Trust fa on e uMt In a condominium �,t�
<br /> +�{, or a plan�ed unil development.Borrowe►ahall pe�tom+all of Borrower'a obligaUons under the declaretlon or covenanta �p,
<br /> `' ' '�•---�'�-�� �re�i�ng or govecning tho con domtn lum or p lann e d un f t d e v el o pmeM.lhe b y-inwa and r e gulntlona of the condomfnlum or �'+'•���.�•.;
<br /> --�*'; • ' ' planned unii developmen4 end constituent documenta.If a condom�nfum or plenned unit dAVelopment rlde►is exeuted by
<br /> �� � . • � ' � Ebnower end recorded topether with thfa Oeed o1 Truet,the covenents aod agreemente ot such rider ehell be incorporated
<br /> � i • � into and ahall amend and aupplement the covenanls and agreements of thfs Deed ot Truat as il the r{der were a paM heteof. � �
<br /> • .'���i�'�•�•���;�.:• , ',;� �, prp��pn d��ndK•�g�curHy.1 1 8 orrower fa l ls t o pe r t o r m t h e c o v e n e n t s a n d a q r e e m e n t s c o n t a i n e d i n thl s O e e d ot t� .
<br /> + ����' r ' Truat,or if any aCfion or rOCeedmg�a Commenced wdh materiell eHects Lender's mtere�t irt the Pro Includln but no1 �
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<br /> ��' '�'r. .'•�� , f;. .,t Ilmitedto.eminentdoma�n.�osolve�+cw.ca0eenforcement.orarrangemeMaotproceediagsmvolWnpebankruptordecedent, � . ,
<br /> "4r-�'� ,' � ftr��.i�{�,r�•,�;;�,�;i3r;;;,:J� then 6�n�er at Lender's opbon.u�ar.nQtece ta 8orrower,may make such apqaAUances,dis0urse such sums and t6�ke s��ch tr
<br /> �(•�q r iph..�.�;� n�.• r'�. � 1-.
<br /> °t;q;y;�y ,� rn'� �.,� . ,.�i�v�f 7,f� 8C110 77 89 13f18C9sS8rytOQ�OtlGtL6Gt18"'S+nt8r0at.�nClutlmg,butRoetcm�ledto.diaburs�meaamt'veasonebleattorney'aleesar.d �
<br /> ; x r:�:'.�:•;��;� . .� •�t ,• entty upo�ntheProperlytomakereQa:�s.lE�.e�aferReslul•edmortqaqe�rtsuranceasa�antli�we�,aroanakingtheloanaecuredmy ,
<br /> '�`e J :, ,fI';.: {' •. �� ���•:
<br /> {` '� ��.'�� .,,��t ��� the Deed o1 Truaf,Borrower s�all pay the prem�ur�rs reqwred to mamta�n suct+ ��eaucamce m eNect untU auch bme as tne
<br /> •.,r��, :. ,..•:._ ;.. , . �;,' .
<br /> �, � ' • • • requiremenf for such fnsurance termmafes in accurJance with 8orrower sand ler.sJe�'8 woaelert eg�sememar ao�plicalbe�aw ,
<br /> !4t`� � � �rJ��.: �';�'., " 8oaower ahell pey the emount o1 an mortgage inswance permwms m the manner pravates0 under paraa}rr��pn 2 hereot. .
<br /> '•`'��• '��'t�� M amounla dfsbureed by lender purauant tu th�s paregraph 7, wAh�nterest tlhendom, shell becmrne eddidoeei� �
<br /> '�.+a t-'- �7•C.'.,i• •' ,�yr r.w..�....�ow�...u.o a�r�owrl Avfh�a Dand ot Trust.UnIB38 Borrower and Lender agree4z other terma of paymen�such .
<br /> �_-__°°_ � ---,�- -n��i ...w......................._..—•---- -- -• � .
<br /> � •• emounb shall be payeble upon notice Irom Lender to eorrower requesunq payment hereot,and snau oear interes�irmo v�e
<br /> � �� ' � .,' datA otdfeburoemenlat the rate payahle from time to lime on outstandmg pnncipa�under the Note unless payment of mterest �
<br /> � �� � at auch�ete would be contrary to appl�cable law.m wh�ch event such amounts shall bea�mte�est at the highesf rete
<br /> , " permiasfble underappllcable law.Nothmq contamed�n this paragrapn 7 shau requue Lender to incur any eMpense or teke eny
<br /> , . ectlon hereunder.
<br /> ! � • !` �, Ip�prcMoq.lender may make or c8use to be mede reaso�abte entnes upon and�nspe�:t�ons of the Property,prov�ded
<br /> . � � thel Lender ahall gwe Borrowar rto4Ce pnor to any such�nspecUOn specdyinq reasonable cause therelore related to Lender's ,
<br /> }'• , � intYr�sl in the Properry•
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