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<br /> ••m UWIFORM COVENANTS.Bor�ar�r�nd I.�nd�covenant and iprM u IWlows:
<br /> �a�• 1.I�ayMMtl o�hM�oipd�nd IM�e�M. Borrowsr�h�ll promPqy paY wMn dw the pdncipd of and fnts�Nt on tl�
<br /> s '; indNNrdnNS�Mio�db�IfMNoM,PnP� t�ndl�l�ch�rqaa�Mowd�dinth�NoM.�ndlh�pdnclpalol�ndMMnllon
<br /> :i; ':�;;;. ���- any Futua MMncM a�cur�d by th� 01 Tru�1. °_._---
<br /> ,,,;; Z.fwMMtaTarNa�dMMU►ana.Sub�Ctto�ppllabbl�wato�writlmwaiwrbpl.�nder.Bonotiwr�llp�ybl.�nd�� �
<br /> ,.,.;;� • ,::,,,,� onthed�ymomhtyln�qll botarincipa andinUua�tar�p�y�bleundNtMNoM�unrilthsNotsl�WidMtull.awm(I�Nn
<br /> ;�. 'Fund�")eqwl to on�•wrN�of ihe ye�uly 1ax�and au�am�nq whioh moy otWn P+�onry ov�r thls Os�d ot Ttust�nd �.,-'"--__-
<br /> ' ', �,,.•._,L,:,,,��: q�aund�aoalhaP►opWN.���y�P�u�one•Mnlflhaf�ulrpn�niumintallmmtstorhuardlnw►anc�.Wwon�•1wNl�of W:
<br /> ,:. .�, .�.:.... .:... ,_;.� yw1�pnmlum imq1111�f1i lor mort�ps inwr�nc�,ff�njr.all as/ea�onaWy Mtlrt�bd iMGolly�nd kom rirt�10 tln�bY es:,-��.�.-.�-
<br /> ;; _ .,.;,, �. .,j C�ndir on tba b�sb ot u�m�na s�d aue�nd nuonabl�Mum�oa thsrwl. �"�•�� -
<br /> ,� • Ths Funda�hallb�hMdi��n intdtuNon th�d�posiaa�ccounbolwhfahaninwroda qw►�np�d,b�ra F��l a Wte t�;��--
<br /> �. eO�aY(includinq Lw�dM if Lsnder i s wch�n in�tltudon�.Lend�d�ll�pply tha tundt topay taid laxM,aswsn�nts. �""'
<br /> _ _' ` .• , w ;► intuancspromiunu�ndpround�eals.Lendsrrtu�ynotchargsfarsoholdinp�ndapplyinpth�Fund�,uwh►�I�OWdiaco�t �_..�-
<br /> - ys�����... :,� -:�. �....�.�• orvsrilylnpandcompilinp�idas�nsmentamdbill untssfLende►p�y�BoROwerint�►estontlwFundtand��� ---"�=�
<br />_ �_— " ••� ,.��.. ..-' � pe�m(aLenderbmMc�wcb�ehargs.8orrowsrand�dsrmayaqn�inw►idngald�dmsolax�cutlonoftl�a e,_=_�_..._--
<br /> th�t NiM►at on th�Funds shall a p�id l0 6orroww.�nd uMes�such apresmsnt i�made a�pp��lawnq�wcn , , �,
<br /> ,� ,�,::�,.• s �.� ietsreft to be�d,Und�►shall�wlbe roquirod W pay 8orrowsra�y interost or seminp�on tA��fwds.L�rWr MW1 piwb �-_,.-��'
<br /> �r,��;..:;��,.,.':�..�.:��-. 8or►ower.without cher �.sn annwl accoun�ng ot ihs Funds sho�p credite a�d dsbitt to Ih�Fund��nd MN purRw�br �'r�:�`
<br /> �� �� whichsaohdeblttolh��undewafmada.Th�Fundau�ptsdSedasaddidonal�eeurirylath�wmss�cundbytl►isOMdo1 --
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<br />__ �ri1J,y_� :,_. . ., �,-.
<br /> - . .;�•a,,. > ���.�F;,, Tn�li�ths�mount o1 the lunds bMd b Lender, wilh ths futu�e mon11N inetaNmenb of Funds p�y�bls prior to tM due .�.�� ..
<br /> „� �'�J���" daMO of faxes,esaeaments.ins�wince preml��u�d�ound nnb.�h�M excNd the�mamtr�puired lo pq Nid Wns. ":.,=°-���
<br /> ��t '�. asNant�nif,Insuwnas premium�a�d ground renls Asq�y 1�11 du0.wch excess ahtN bs.!t B�rrow�r's oplio�.Nthe� _ ��^
<br /> __- _ �--•-=-.F.,��z- - proii��ptiy re�aW to 8or�ower ar crediLed fa�nrrowsr an mars�rity tnstaiimer�af Fcmds.l!ttte antoeent of Me Funds hetd by -=- _ .-,_-
<br /> � „�, L�nW►sh�Il�olbew9NcNnttopa►tl�ce�,aa�ssments.insuancs iumsand raund�tl�sfbeylelldue.Borrow�nhall '
<br /> ).,e�!. P�e�
<br /> �'� ix:i .�..._.
<br /> : %1{�.�' _ p��to lender m}r�mount�Y to maka up the deHciency withh 30 dyrs om a�d��noace�a maba ay�«a«to ,;;.�;'�,�;�r�,-
<br /> ;� • ,i:,�,�; ;• . .`r Bwrower ro4u�WiYmsnt th�rem�. �.• a,.•�;::-
<br /> . ':�;'�::+�:.: ' Upo�p�ymentintullofallwmssazuredbythfsDeedotTrust,Lendershallpompdyrelundto8onoweranyFundsheWDy •8itc�;�r .,;;.:;_.
<br /> ;� � ' �'�- µ��" Lender.Ifunderparqwphl8he�eot4�eProps�y IssoldorthsProper1y isothe�r+�seacqui�edbylende►.Lenderehallepply �•��-•. t�:��
<br /> ;';"�"�" " � � nolebrth�niewned4►pyrpriortothesaleoftAeProperryorltsacqui�itfonb�londer,andFundsheldbylond�atthsqm�o� ��
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<br /> , s:',!1,�''';r?�:g�" .:,: . applicatfon w e c►�dit egaMst the wrns secu�ed 6x thie Deed o1 Truat ��yY. .�.
<br /> .' ' ��` � 3.AppllcaYoeolP�nM.Unlessepplrr,�m��e��aw providesotheMrise.atlpaymentaracelvedbyLen�erun�erlheNote ����.�«�-
<br />`;�';•• r� � •��'. rli end par�greplu t and 2 hereot ahaN be epplied by�ender firet In payment of amounts payaWe to Lende►by 8ar►ower unde� ,...�,:,���_
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<br />""' � � �•�`:.. ;'y: p�►agrtlph2h�rsoLfh�ntolol�retlpayableonUteNot�.thentotheprMCipololtheNote,�n0thentointK�standprincipalo� +,,�.
<br /> ."•�� ,��'�,�. •��;,:���;;�fe.: an FusureAdv�nas. •�� ( :;��%"
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<br />`.5�. •- �•r�. �.C��p�1.NM.8or►owe�sAelipay alltexes.assesamenlsandothercherges,NnesandimposiUonsattributabletot�n� �.'
<br />,;;;�;'.'�:' i.. ,�';�" �` P►op�Ay which may atfefn e prio�qy owr ihfa Deed of Tru=f.and leaashold paymenla or ground nnis.il any.in ths nronner =��"=•r:=_�_
<br />• �,•� "� provWed und�pan0reph 2 he�eol or,II not�+aid in auch mmne►,by Bor�oacer maki�qpa yment when due,directly b d�e
<br /> � �°•.. .; �� ,-'�'`'°, .:.}'�'-� yee thereof.8orrowsr ehell prompt6 lurrna..•o Lender all nodcea of amoums Cue under this n raph,and in the evant :•' Y
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<br /> __ �,,,,,:, rr�rrar sltsll rssako:�syrrtar�i �Sy,8asrorle:r shal!prorstptly lurttlsh to Lander rec8ipq�vfdenC�ng suCh payn�ntc ,a:... T.:
<br /> ' ' � ` �;•t ,�:�:'�.., 8orrawor�haq proaiptly discha�geamy Nen whfch hes priirfly aver this Deed of Trus�prc+vided,fhst 8orrower ahal nl ot be '
<br /> r,��. ��. y��-•
<br />: ;•�;�p,.�,{�,)�;j,;;•�,��� reqwredtodiacharqeany suchtienaoiongasBoROweroh�Ma�roeinwrltin9tothepaymen�otlheoblipedonaecuredbyauch � ;_._:
<br /> F?2 F"'�'.•,r:•,�t ,�::•1•,.,; Iien In A manne�accept�bls to Lender,a ahall i�good Iaith conteat such tlen by,or defend enforcament of sueh Ilen in,lega� -
<br /> � r.rl�,'�,-sd��?�;� proc�sdin�s wMch opKals to prere�t the enlo�cement of the Ilen or fo�leitu►e of Me Properry or any pert thereol. �s��:..--
<br /> " �..:. ''� " � ` S.Haard Mswnw.8orrowershell keep t�he improvemenb now exfstlng qr here�tler erected on ths Froperry i�eured __
<br /> ' :;"��-�•. ;:��r•1�-°-�:��'•,����'• a g e l n ri l o a e b y f i r e,h a z u d s I n c l u d e d w�t h i n t h e q e r r n"e x t e n d e d c o v a r a g e",a n d s u c h o t h e�h u a r d s a s L e n d e r m a y r e q ui�e -..
<br /> .,.. . e��,:.��
<br /> . ��r,(pl...; _;. .�,<,:; : anc0 an suah emounte and for auch pedoda es Lender mey requk�•provtded,tnat lenderehall not reqWre ttwt the amount o� - --�
<br />--�:1 ;�r:� _ "�''^•' ' eucP+coaarage exceed that amoam o?coverege�equir e d to�rAn tDie eums aecured by tt�is Deed of Truat ��-'
<br />=-�=��� �f. �;,,��•�:�;,,...,,. ThiB+neuranceCa�rierprovldirtgtY�einsuranceshallbechosenby BonoweraubJecttoapprovalby Lender,provided,thal —��Y-�
<br />�i°s''', {;��^��•'� • �` �° such apptoval ehall not be unreaaonably wHhheld.All premwms on fneurence policiea shall be peld in the menner provldecf °�=.:
<br /> . ,��r,s�•. .._ ..�.,,.., x
<br /> �: ,._..f� �� u�e parip�aph 2 he«of or,i(not pa�d m such monner,by Borrower makin�payment,when due,dinctly to the insuronce ^ ,�:=-a--:_v.
<br /> ., k��-•• ' .. �'...�--• :e-
<br /> •��p,. ,•y��..�• . ;.,�,,: • All ineurance poiicies end re�ewa lathereof shall be in form acceptable to L�nder and shell include e standa►d mo e _�,�}�;
<br /> �n,�• {`' �•r �,., cleuaefnlavorofandlnlormecceptablebLender.lendershallhavethenghftoholdthepohciesendrenewalsther ,end _ _
<br /> 8onowe►ahaAprqmpdyfurnfsh4oLenderallrenewelnoticesendallrecelpfsolpaidprem�uma.Intheeventotloas.8orrower .-:.�,.
<br /> �:�ti ' , i� slwllgivepromptnoticetothelresurancecarnerandLender.Lendermeymakeproolofloas�fnotmeCeprompdybyBorrower. '?;+�`
<br />:..,, , .v . ' Unleaa Lender end Borrower�otn9rwlse agree m wrding,msurence proceedashell be applled to reatoratfon a repairof the --
<br />' �� _,,� �r ,,.,,, `�,,,; Properry dameped,provided sucn restaation o�repair is econom�cally leaalble and Ihe secunty ol this Deed of T►uat fa nat ' ^ " -
<br /> ��� , ���'�• �'' � , . thereby impefred.11 such restorairon or repaN is not economically feasrble o�d the secunty ot Mls Deed of Truat would be N�,"�;:..��_��,
<br />- ���'( '' j2��%'•,�•��� • impefred,the inaurenee proceeds eh�ll be aOP��ed ro the suma secured by tM�s�Deed of Trus4 wdh the exceas,fl eny,peid to . �:;
<br />'•t�L1'� ;d, ' y , , :•.+�i�'
<br />�-r.s r. 1 y7 . • i. � Bonower.If the PropeAy is abandonetl by Borrower,or d Borrower fads to respand to Lende►withfn 30 days Irom the date b� ': .�;�,3�i
<br /> `i,f�r,�';:� ��S� ' `1� notice la mailed b Lender to Borrower thet the msurence carr�er oHera to setlle a claun for fnsurance benelits.Lender is '"•�.'P �.•
<br /> ,,„ . .. , �..;., r �
<br /> �;,.�,. • •,,...: •-
<br /> �f•�s':� . ,..:• .�.. � authorized to collect and apply the Insurence proceeds at Lender's optfon eNher to restora�wn or repair of the Property or to � .�:�;;-.,;,,, +•
<br /> `_��,�^., ..; •;'v, .�.�.�.. .�t,:.�,. ��_.
<br /> �Y�' ti,r the suma secured b thla Deed of Trusl
<br /> ��•,. �•.•� k •� y r. ��;,_;__ -•.
<br />,��,.. � 'Y�}� , 1� 'r
<br /> • ,.., ;. : �4,��,;.-� - . Unleaslenderend8onowerdherw�seagree�nwnting,anyauchapplfCalionotproceedstopnncipalshellnotextenrlo�
<br /> � 'i•(•<<fG' `: � po stpone the due d�te of fhe monthly mstallments referred to in parag�ap�s 1 and 2 hereof or chenqe the amount ot euch _rs1��'!�
<br /> ,� ���� �:,':`.:':'----'�.
<br /> • •• �};,��.t�,����tF 1{� t� i n a f a l l m e n t s.l f un d er p e r eg�a p h 1 8 h er e o f t h e P r o p e A y i s ac quir e d by L e n tl e r,a l l r iqh t,t f l l e a n d f n t e r t a t o f 8 o r r o w e r i n a n d t o �, _
<br /> ' , �S>}��, anyineu�anCepoliciesendfnendtotheproceedsthereofresultinglromqamagetoihePropeAypnortotheaelewacqui�ihon � _� �J'a�,:
<br />-•"Xy-• � ��i'•' :� eh�ll pesa to lender to the exlent of tl�e sums secured by th�s Oeetl ot Trus1 immediately p�ior to such sale or acawsihon. �, �'' ����;,,
<br />: ( �'��' �F'�'"' t, �'' 8. P�N�rwtlon�ndM�fnl�na�eeWProp�Mp;L�a��holdr.CondomlNun»;Plann�dUeHD� b.8orrowarahall �. !?,:.;r,�,�"'�
<br /> , � �.z�: .,���•.,� ,,,.
<br />���E , , , '� ;,��,�{�;;.�� � kee the Prop�y In ood repeir and ahall not commrt waste or permd!mpa�rment of detenorat�on o Ihe Property and ahall ':;,,i;,
<br /> . comply wlth theprovlsiona ot any lease iNhis Deed o1 Trushs on a leasehqld.If this Deed ol Trost reon a un�t�n a condomiMUm � • ,+ ��
<br />�%x' • h�'f � or a plenned unit development. 8orrower ahail oe�lorm all of Borrower's obhgationa under the declaretan w covenents i •
<br />� ,�� �,,! -; •; . creating or govar�mg the condommum o�u�anned unil develupnwnf.thn by-lawe and regulaliuna ul Ihe Gondominluro or , � .
<br /> � plenned unit devebpmenl,and conatftuent accumenta.lf a condnmimum o►plenned unrt development nder Ia excuted by �
<br /> r+��� • � ��. � �. ,"����7 � Borrower end reCOrded together w�Ih 1MS qeetl ot Trust,the covenants and agreementsof auch rider shell be incorporated � ' ��;.,,;
<br />,�.�.:,, �1 '� .,�,,-•srt•:;.{;.r. ..�.
<br />:fw r,. . .',,.. 1..•:,•••;;: � intQ and ahell emend and suppl�men 1 the covenants and ag�eem�ents ol Ihfa Deed of Trust ae if the rfder were a part hereoC. , � ,
<br />`.,,},. ., .•jt ,., . :;f,4�:;'..' 7. ��rqNctlon o1L�nd�r'a$�e�rNqy.If Borrower fails to pertorm t�e covenants and agreemenb contemed�n thfa Dee�01 . •� �''
<br /> •k+ +7% �`'ti•f���� Trus0.ar i1 any eCtfon or proCeetimq is Commenced wdh met��+a�ly aHeCts lender'a interest m fhe Property.�ncluding but not . • � �� '
<br /> • • '� limitedto,em,re�e?Conrtain,fnsolvency.codeentorcement,orarrangemerrsticrQroceedingsmvolvinqebankruptadecedent,
<br /> ' �. . then Lentler at lov�yei s Opdon,uoon notice to floaower,may make aucr aooearances,d�sburse suCh auma and take auch �
<br /> • ���" �� acNon a�ia nete88ary to protect Lender'a intorest mcluding,but not hmltedto,tl�aDursement of reaeonebte attomey's feea end ,
<br /> � � � entry upontheprope►tytomakescroaors.IfLenderrequuRdmortgaye�nsuranceaaacond�t�onolmekingtheloanaecuredby . �� �•� ; '
<br /> � � ' ' the Oead of TrusR Borrower aAac�pfay the premlums reqwred lo mamtam such inaurance m efleCt until auch tfine es t�+�e , �
<br /> • � , ; , . . requirementfarauchinsura�ceterminatesinaccordancewdh6o�rower'sandLender'swnttenagreementorapptiCalbela�w ' ��� ' � ��
<br /> • ,;;,�� �,.�._c � Bortow6r ahall pay the amount O1 all mortgege�n8urence permiums m the m6nner provided under paragraph 2 hereol. :',.; �
<br />�_�_= `��T•. . Any amounls disbuned by Lender pursuant to th�s paragraph 7, wote�lntereat thereon, shell become addltlona� i • „ .
<br /> ° �ndeeteoneasoiesorcowersecureooymis ueeoor irust.urnesat�orrowera���enaeragreeroomertermsaipaymeni,eucn � .
<br /> ; ,, ��� •. emounts ahell be p��aDle upon nohae Irom Lender to Borrower requesting payment hereol,and shell bear�nteteat f�om Ihe � �
<br /> . deteofdiabureementatthe�afepa�ablelromtimetot�meonoufstanWng ptmcipatundertheNoteunleaspaymentof.nterest ! � ...
<br /> ' at such rate would ba contrary Io applfcablo law.�n r.h�cn svont such�mounts shall l�ear interest at lho highes!rate �
<br /> • •� ., permissibleunderapplicablQlaw.NOth�nqCOMainedmth�sparaqrapn7shallrequueLendertomcuranyexpenseortakeany • , ,
<br /> '=�r �� � � acdon hereunder. ' .
<br /> `' �''� �. (mp�Ctbn.lender may make or cause to be made,�easona4te entnes upon and�nspecUOns ot the Propeny,pronded �
<br /> �' y •- ��� thatLendershellgiveBorrowernohcepnotbanysuc.hinspecUOnspecdy�ngreasoneblecausetherefaerelatedtoLender's
<br /> �� . , fn�t in the Property. .
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