|
-� I ., r•-� '
<br /> _ �• .. . .��y.�'P�4•y..�
<br /> :r �� + .:h�t�E !� ��tit'!'.'. .,• _
<br /> i '�^.����r��F ��
<br /> ♦ j � �.�r_--
<br /> , : ., w .�
<br /> '., .
<br /> v_-
<br /> y� 93' i0�.�.5 =
<br /> � �., �e�4�t,� . �`-
<br /> �1/1�GR�A GWCNANTB.AfMf01M��11d LM1�lM C011�f1�1M�11d�M M IOIIOMI� � �.
<br /> , 1. /a��M hMc4�M Md NMw�6onowK�AW P��Y Oh►wlNn dw Ih�P+�naipwl M and �nhrNl on IM
<br /> :n Fr�'�foid••o'w.a���m.o..�'T"�w.en�.ro..a.powd.a��w.NOM,�naw.a+eao.�a.ne�nar.aan
<br /> - — ' p. I��wTw�a�/NMwMO�.�u�t aaop��waa.w►ii�l�nwaiw�th►�.�6�v.Bor��p�ptoua�de►
<br /> onlh�dqrmoiMhlYM�YNnNnbotpr�M�ip�lindleMnet�n �b1�wb�lAeNol�.unwlh�trobM in1uN a�1(h�eM�
<br /> b �,�'r,..�:. ..::;. •'Furtdt")e4w1!o twMllh�1 h yeay buc�e�nd iu wlMeh n�all�fn pfarNy ow IhM(�td T�ind
<br /> ?�y ..�---r Y:.f..�:.., ul
<br /> ; ,'�''i"•;,:i�::�..�s�, �� 1M��H11 .�OM•lM1�NM1O111M11YpMIM1MDdMMM�f1b10fIMf�d� M1�111�110�_.�M 011l� Of
<br /> ^Yt' '''. ` ' •."���, IOr N1i1N�11C�.N�flr.�II p MMIII�Md rlNiMr N1d N0111 WII�b YIM by
<br /> �., . .�.� '�` 011 i�11N11� biU�M1A IM�OIIYl1��NNfMII.
<br /> :�::,�� ,;.:, •` � . . . TMFuMN�II1�Mldi �nin�tib�tonth�d�PalVor�ounf�o1�+�nMqwnda�q�NMd.bp�f��lorp�M
<br /> ,.,.:;� . � '. �� .� `t�� nw�isnce'Inaua���9round.s a�i+n�na.ne�a�i ��� �«la�so.►ha1di��A��ainFa�F 1ia����w
<br /> ••. o�veNlyinpandcompi np Borro
<br /> ---=r— ` a :. . �. ;�.. psnn�a�snd.reom�w.wet�.ct�a�a.eorrows..oa�i.«a��unra�i�iwr�anoe�eh•am.a�.euaonaaw�i.a�a tin
<br /> _.. .;::�. �, - ,. � . •, . ttwt int�nst on th��u �Il lo�P�d!0 8omow�.�nd unlr�suah prasm�nl N m�ds a�p�I�w��wch
<br /> V'�� � `,�',� �•, Ei�orr�wi%withoul ch�►�,�o�n�ualbi ooun�dnp W tliseF►ro�y In cq�qndib�d d�6fb to tl�is F_Fu���fhdl piwla
<br /> __ '• • � � whiahqahd�0ittolh�Fundswun�a�N.Th�Fund�anpl�dpeda�wadditional�scudlylorthswm�wcw�dbrthisONdM
<br />_�;:' � f ' . T II�amount o11M fund�held by Lsndsr,to0sth�r with tlN h�turo mantMy inthllmsnb o1 Funds WI/aWs P�to�b IM dw
<br /> .. ��.:.�;�•.;- dNes of WcM,a�amaib,insurancs p�niuna and 9round�1�.�hap excsad ths amount�q ufrod b p�r pid WM.
<br /> �;�,;� `'��'''t�;,.` ` +a�esf�nts.Inwranc�pnndums an d proun d nnb u�l l dw,w a h�xaes��M I I b�.�t H o r rowK'�o p l f o r�,�h f�
<br />-_ a • ,' �•�,"• pro�Ptlyrepak!to 9onvwer a Crediled tO @onowe►on inetellmenfe o1 Fund�.11 the amouM of ths Funda Nld b y .
<br /> -• - ----a.��ws 4.a��sh�IlnolbesufNabntb�ruxes.e�menls.insunneePrsmlumeandgroundronbastheyfslldue.8ara�wrehdl _
<br /> . '�;I, '- ^'�' . ;� p���,�e�+�nr��N�b mak�up the ddiciMC�r wiThin 30 d�yt(�om th�daM�oHcs is m�iNd b�r I.,Mid�r b =
<br /> �": Bort requoa�np
<br /> , �::�k; i' , � ... .� . •'��., UP�P�Y�K'^IWId�llaunrsaciredbpthi�0sadofTrosRL�ndersh�llprompqyralundbBa►oweranyFundshMdb�t -
<br /> � � ' � l�ntla.Hund� 16h�so1lhsp���y i�soldorthsPropeAy IsolhaMrise�cquiredbyLende�.LeoderahWlpply. -
<br /> '.•�.'� � � 'M '. .fi.. nolRtertAani�a��a�l�P�trthsaa4ofllisPropsrtyorlbac uisitfonbyLand�r.andFundshNdbyUndrtllh�lim�W -
<br /> ., .,-- s�oqiqNon Ms�cr�dit a�iraA lM wms feeu►ed b�►tl�is i�sd Of�ruaf. _
<br /> ' � i- AppNealloe d P .Unl�ss�pplicobls law ��clw otherwipe.all paymenfa�eceived by(.e�de►under CNe fWot� -
<br /> M �•* . pro
<br /> > ' '''�."' �eid�rag�aPAs 1 and 2�sNa11 bs aPIP�1 by la�tle►birst in P�1►manl d emounb payabb M La�dsr bl►8arow�aQ�nd� `
<br /> . ; s� ,ti�;s;� . � p��p h2her�W.tlt�nbint�estWY�anth�NoM.M�ntolhsP�+�+T�ollhsNote.an0lMnWiotK�standpNnrapalon
<br /> . � � .�'' ,•� any Futum Advances.
<br /> . , ! • ' '��• �r: 4. ChrpM;LNn�.BoROwsts shall pa�a�taxes.aseeasrtbnte and oM�char�es.Hnes and impas+�onsalpibut�We to the
<br /> .;,;�c%.
<br /> . � � �/,,5 Prop�y which may etlain a ork�iM over this Deed of Truet,and I�aaNwld peyn�b or q�owW rantv.�k an�.in tlw m�nn�r
<br /> . Y: :. ,..,.• .,,, provid�d undKpa 2 here�R qt.q not paid In oueh manns►.by BoROw�r makin� frment wher+dus.diract7r�W ths
<br /> ,�,;,,:; ,;, .,..•,[� Bor►� � pa�grSAh.and in 4d���vent
<br /> ;,�,<;�.�.'•�•a.....•..,. payN th�reof. owsr fha4U D�ompliy pa�mbh to Lsnde►all nodcea o f amounb due u r this
<br /> ' - -- -,._,.� Barrower shall m�k�pa�rmenl Ulrecdv.8�row�r shdl promPdy lumish to Lender racslpis avidM�canp wch payn�nb.
<br /> - . - _,� _�_..(#r� Borrower shaN�ompqy dlacharpe a�nW I�eo�wh+ch t�ss p�ioNry ovsr th�s IDesd of Trusk ProWdsd.tlwt L�1�nowe►ihall not bs
<br /> ,,.', , r' .. � c:�...:: requirodMdi avflaany�uchli�nsolangas8�ortowerehdlepreeinwaA�ngtothepeymsntoftheobid�a+�►ascwedbysuch _
<br /> ••,•�:;�. 1len i n a manne2 acaaptaCs1e to lender.or a?utll in qood falth contest ataa�le doan by.or delend enlorc�mereu�t yueh Ilen fn,lp�l
<br /> � "'`��, , r � proc«din�s wha�cm pperaie te�+ptevant the enlor�nent of the Ikn w forJeihxe of the Property or any pavl thsreW.
<br /> ' �.r�.:,:,�sn.�:`.t�l� _
<br /> • • y.•:,�• ,�:,,: � S. Nosaed IM�urane�.�x�►ower ahell koop the Impra�rnmes�4s now eMieUng nr i�ere�fler erected on ihe Prapeetyj ansured _
<br /> again�t loss by firo,h�z�rds J�oluded wlMin the term"eMl�d cover e end such other hazards as Lender may meqnire
<br /> y�t�.. � .�
<br /> ' , ;i i ,.�:�1�'±+,� . �. , and in�uch amounta snd tor s�ch periods es Lender ma�+require•provl ed,that Lender shall not requ�re that Me aaoaunt of _
<br /> a, �'..!`:'�;r;•.;,i;•�St}y:S� such cove�pe exc�ed Mat amount ol coverage reqWretl ro pay tM wms�scurod by Mis Deed of Truat
<br /> •,fir� •� •�• ,.. :,1 Thltinsur�neecsrnerprovidin4thernsuranceehellbechosenbyBonowereubjecttoep rovalby lender,provtzled..that -
<br /> �1 ;',:.'�'„�'.;'•'•�::: , ;, y P Pu Paid nt _
<br /> ,�,,��,,:,,,, �;, . : aueh approval ahall not be unrsaaonebl wlthheld.All ►emfums on insurance Ifofea ahell i he menner g�iov�ded ..
<br /> !i• .•,,�,��� ;��.�.;�,�f,;}� unde►pan�►aph 2 horeot or,ff nat paid in auch manner.by Borrower maklny payment,when dua,dlrecGy to the i�+surancR
<br /> �. �; t�;.:.:..:'•t}'L,�vl�;� �Il�nau►ance po Uc ies an d renewa ls t herao t s h a l l b e 1n form ec c e p t e b l e t o L e n d e r q a�s fie l l fnc lu de a a f en de�d rta�c�t�aye •-
<br /> �'� '���Y�����•� c�9usemtavorotentlinformaccepteDieto�ender.Lendersneuhavemenghttoholdinepvnaesandrenewefsliie�w�an�i -
<br /> • � 8onower shall prompdy lurnfah to Lender all renewal notfces and ell receipqol peld prem�ums.ln the event of losi.Borrower
<br /> shdl glvepromptnoticetotheinsurancecernerandLender.Lendermaymekeprootoflossdnotmodv�TamptlybyBorrower. _
<br /> •y � UoleaaLenderand8ortowerotherwieeagree�nwrflfng,�nsure�eeprxesdeahallbeappliedto�e�sl�osahonorropeirofMe • -
<br /> + Propery demnged,provlded such�eftaadon or repair ia econom�cally feasible and the secunry ot 4his peed of Trust is not �
<br /> , • the►aby impaired.If such re�toraGOn or repair�s not eCOnom�cally feaslble or d the BeCUrity of th�s Ueed of Truat would be =
<br /> � �� ,',�r:•}� impaired,the fnaurance proCeeda shell be appl�ed lo the auma aecured by th�s Deed o7 T�usf,with the excesa,if amy,paid b
<br /> �r , Bonower.II the Property ia a0andoned by Bwrower,or if 8orrower laila to reapond lo�.er�l�wiMin 30 days horm tt�e date .
<br /> m
<br /> ;�f.�:.4;•� , � noHce is meiled by lender to 8onower tf�at the msurance carrier oHers to aettle a cla�m fOr inauranCe benelite.Lender fs
<br /> •� • � `� authorized to collect�nd apply t'he ineurence proceeds at Lender's option elther to rostorat�on or repair d the PropeAy or to
<br /> � ' thv suma eecured by thfa Deea ot Yrust.
<br /> � :' � .:.�� Unleas Lender end Borrower otherwise agree m wnting,any such appbcation ot proceeda ta prmupal shall not exlend or _
<br /> •',,��i .� � � �,;� Poetpone the due date of the monlhly fnataUments referred to in paregraphs 1 and 2 hereof w change the amount o1 suCh -
<br /> t� � inatallments.II under peregraph 16 hereol the Property is acquired by Lender,ali nght,Utle and mtereat ol8vrrower m end to
<br /> :�it�t�,:?` � anyi�eurencepolfciaaaadmandlolheproceedsthereofresulUngtromdamagetothePrope�typnorbtheaaleoracquisition �
<br /> , �,,i, . .� sholl peas to lender to the extenl of the aums secured by th�s Daed of Truat immed�ately pnor to such aele or acquitlflon. _
<br /> 6. PIM!/WIIOIIaMI�A�f1UN�I1C�09PtopNty;L�aNholdr,Condominiunn;Plann�dUnHO�v�bp�nb.Borrowerahall °
<br /> .' ( . � keep the Prope�ty in gqod repa�r and ahall not c�mmd weate or permft Impalrment of detenoretfon oi�na PropeAy and ahall -
<br /> � compty wfth tho prov�s�ons ot any lease d thla Deed of Trust fs on a leasehold.11 thls Deed of Trust is on a unit fn a cantlominium =
<br /> � , or a pfanned und developmeM.8orrower ahell peHorm all ol Borrower�s oblfgabons under the declarabon or Covenenta -
<br /> . � r.reatlng or governing tne condom�nu�m or plenned unit devolopmen�the by-laws and regulatians ot the condomfnlum or -
<br /> planned unii development,and conatituent documents.II a condomirnum or plenned unil development rlder ia exculed by "
<br /> � Borcower a�d recorded iogelher w�th thla Deed ol T�ust,the covenante and agreemems of such rfder shell be incoaporeted -
<br /> �:• . inlo and she118mend and supplement the covenents and egreements ol this Deed of Trust ea�t the nder were e part hereot. _
<br /> L, . t��; 7. Probttlon of Leade�'s$�eurify.It 8orrower fads lo pe►torm Ihe covanants and agreements cantafnod�n this Daed o1 __
<br /> ' Trusf,or II any aCtion or proceeding ia Commenced wrth metenally aMects Lender's interest m fhe Pvoperry,including but not
<br /> : . � ��r:, 1lmltedto,eminentdomain.inaolvency.codeenforcemenl,orarrangementsorproceedingsmvolvingabankruptordbcedent, -
<br /> -�'�,� ' '�'�� then lender at Lender's oplion,upon nol�ce l0 8orrower,may make such appearances.d�sburse such Rums artd take such
<br /> '!`� '`' acdonaslsnecessarytoprotectLender'elnterest.mclud�ng butnotlfmifedto.disbursementotreasonableattorney�gfesaend -
<br /> �,- . ��%'
<br /> , ;, : i'•,;.,. .:,i;,. . '� ' � entry upon the Properry to make repairs.lf Lender requ�reci mortga9e msuranceas a condiUOn ol making the loan secured by =_
<br /> ,i•<<,�,.; � �;,,�F:;,�;r�' , !,;; the Deed of Trust.8orrower ehall pay the premwms reqwred io memlaln such msurance m eHeCt untll such time as the
<br /> ,:f;�;.�.�, ' �.�;';��,��, '"�.�'1;1' B�orrower aha�rpay the emountof e�mortgage nsurance PehmwmsWn the anner�prov ded under�pe ag aPh 2 derepLlaw
<br /> ` +• (���'.•1�' . Any emounts diaburaed by Lender pursunnl ta th�s paro8raph 7, w�th mtereat thereon, ani�11 beCOme atldilfonel
<br /> �4.;}�e 4'.. �L1�:�L.�-iA�._.. . ...��w.w......e..�o..•.w...�.��nu�aii►+u Ih�e 11mri nl T�uaf I lnlnaa F4lf�/AWPf GflM I OfIfIOf AO/YI/�/��ha�/a���w�ww.........��....�.
<br /> � - - .,jrr'. .c�,. ' u.wvwv..�.ovv.w..�..�'��--'---s...--"--. ..--' -`------ -' - '-�'--'-- - •_ .� .. . ........p«�.....�.�.v..v.. -
<br /> ., amovnts sP�alt be payable upon not�ce Irom Lender to Borrower requenbng payment he�eof,antl shall bear Interest Irom the •
<br /> � �1��.;,;��• � UateoldiaburoementattheratepayabtefromUrnetotlmeonoutstend�ngpnncipalundertheNoteunlessDaymantolmterest
<br /> � . ' 1: � at 9uch /a4e would be contrary to applicable law, in which event such nmounts shall beer�nterest at the highest rate
<br /> ' t- ' �� permieslble underapplfceble law.Nothmg contamed�n Ihis paragraph 7 shall require Lender to incur any expense or take any '
<br /> : �_ aCtion hereunde►.
<br /> � � , .. . 8.Insp�adion.Lender may meke or Cause to be made reasoneble enlnes upon entl inspect�ons ot the Property,prowded
<br /> � thgt lender 9he11 gwe Borrower notice pnor to gny suCh inspeclion speCilymq reasonable cause therefore relaterfb Lender'g
<br /> 'j D: . �� inrereat In me Property.
<br /> ...; .
<br /> i: :. �. i � �
<br /> Iti'�. ' � . � .. 'J�
<br /> � �, ,
<br /> �
<br /> : �. `
<br /> �
<br />
|