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<br /> UNIfORM COVENANTS FiarrowAr end lend�r cavsnaM nnd ayrw As louowe � , _ �.,_,.,..`,
<br /> � �� p+y��01 p1Mp�p�)��NI IM�tNt. Borrowe+r fha11 promplly pav when due the prm4�p�� of and mtereet on the
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<br /> �ndebtedna��evld�nced by Ihe Note,prepi�ymsMdnd Iote cnprpe&a�provided�n Ihe Nole,and 1ne pnnc�pel ul and interest on ' ��:;��;^.,:�.;;�•••
<br /> � �ny Fulura Adv�ncs�seoured by the pead ot Tru�t. . . . .
<br /> Q. Fu�d�forT�tiMandlnwr�ne�.3ubecttoeppllcablelawortoawrlrienwaiverby4ender.8arrawerohalipaytole�de� .. ��
<br /> � onlhed�ymanlhlylnflallmentsof principa�e�dints►e��erepuyebleundertheNote.unl�ItheNoteiapa�dinfull,aaum�herein
<br /> � "Fund�")squal to on�-tw�iflh ol ilte ye�rly Mxet and acceapmaMs whiCh mny Atla�n prlor�ty over th�s Deed ot Tiuet,and
<br /> qround�enhonthePropsrty,ii�nY,P�wo�e•twellthotyearlypramlumi�stallmanttlorhazardinauronce.plusono-tweltthol
<br /> Yeerly prsmlum Inat�llmenta for mo�tyApe Inswence,ff any,all ae reaaonably estimsted�nitlally end Irom time to tfine by
<br /> 1 L�nder on the basls of efssssm�nts end blll�end reaeoneble eatlmetes Ihereol. ;
<br /> ; The Funds ehall bs held in�n Institutlon the dapoalt�or eccaunte ot which are ineured or guaranteed,by a Federai or atate
<br /> I apency(Includinp Lende►II Lender It f�uch an Institution►.Lender ehell apply the funda to pay seid taxea,asseasmenls, .
<br /> ineurance premlume end�round rents.Lender mey not charge lor so holding and applyfng the Funda.anal�zing said accaunt
<br /> o►varlyinpendcompflingseidaeseaement8endbillsunleaaLenderpaYsBorrowerintereatontheFundsandapplicablelaw 1
<br /> � permita Lender to meke such a�herge.Borrower and Lender may apree in wrlting at the time ot executio�ol thla Deed o1 Trust
<br /> tlwt intere�t on the Funds ehell be pefd to Borrower,and unleas such egreement is made or appIlcalbe law roqulres auch �
<br /> lolere�t to be peid,Lender ahall not be required to pay Borrowe�any interest or earninga on the Funds.Lender shall give to
<br /> � Bonowor,without cherge,an ennual eccounting of Ihe Funds showing credita and debits to the Funds and the purpose tor
<br /> ; which each dobit to Ihe Funds was made.The Funds are pledged as edd�tional securiry for Ihe sums secured by Ihis Oeed ot ;
<br /> � Tn�at.
<br /> 1t tho umount of ihe lurede t+e�d by lende►,logether w�th the luture monthly inslallments of Funds payable pnor to the ue
<br /> � � detes o1 taxes,a�ts.insurance premiums and ground rents.shatt exceed the nm�unt requfred t�pAy said tnxes.
<br /> aaseasments,Insurance premium�and grou�d rents as they tall due.9uch excess shall be,at Borrower's optlun,efther
<br /> � I promptly repaid to Borrowe�or c�edited to 8orrower o^monthly matallments oi Fu�ds.It the amount ol the Funds held by
<br /> Ler-�tershellnotbesuflicienttopaytaxes.aaseasments,inswancepremiumss�nd groundrenisastheylwudue.Borrowerahell
<br /> pa�+le�Lender any amount necessary to make up the delic�ency w�ih�n 30 daya Trom the date natice is maNed by Lender to
<br /> � 8o�rawar requeating pflyment thereat. � .. .
<br /> � !�� Upon peyment Inl�a11 of all sums aecured by tl��s Oeed of Trust.Lender shal".prpmplly relund to Barrnwzt any f unds held by I
<br /> . , �t2;' �. I lender.lt under pawgraph 18 hereotthe Prope�rN�s aold orthe Property is olherw�se ACqu�red by Len�er,Lender ahall apply. ; � � ,;_
<br /> ,�;, no latar than immedletely priorto the sate of the Proparty or itsaCqws�tion by Lendar,and Funtls helq by Lp nder�Z Ihe time of .;,.�,,..
<br /> applicalion as a credit agafnst Ihe auma securgd by Ihis Deed of Trust.
<br /> � • 9. AQpUe�qon o1 P�rn►�nb.Unlesa appl�cable law provldes othe►wise,a11 paymen1s received by Lender under Ihe Nole �
<br /> and�aTagraphs 1 and 2 hereol at�all be app��ed bY�ender lirat�n payment of amounts payable to Lender by Horru�arer undor
<br /> � �� paregraph 2 hereof,then to fnterest payableon the Note,then tn theprincipal of the Note,And then to mterest and pnnc�pal on ,; ;'��
<br /> , ' eny Future Advences. • • , �
<br /> „'.'; �{. Ch�rpN;UMS.Bo�rowers shall pay all taxes.assessmeMSand other chargea,lines and Impositions attributabla to the .�. ' ;,�;
<br /> .,. „..', .
<br /> Properry which may attain a prlority over thls Deed ol Truat,and leasehold payments or ground renta,d�ny.in the manner ,�
<br /> �,�r �� •:�� •• prov+tlecf under paragraph 2 hereot or,if not peld i�auch manner,by 8orrower makmg paymenL when pue,d�rectly ta the
<br /> �i "• ��`.�� � pa yee Ihareol._Borrower shall promptly turnfsh to�ender al)natices o1 amounts due under thls paragraph,and i�the event
<br /> � ;J��: •• BpTrower snad meke paymb�ii dlreclly. Borro�rer shall prem�+t�y�ur^lsh to Lender receipts evfdenc�ng such pa�meMS.
<br /> i ' . � Bo�rowar ahall promptly discharge any lien whlch has prlority over this Oeed ot Trust provitletl,thet 6ofrowe�ei�ai��iui bc �
<br /> � ` I requlredtodiachargeany suchllenaolangasBorrowe�ahallagreoinwritingtothepaymentoftheoblfgauonsecuredbysuch
<br /> Ilen fn e menner acceptable to Lender,or shalt m good lailh contest such lien by,or defend enforcementof such Ifen In,leflai
<br /> proceedfngs whfch operete to prevenllhe eMorcament of the Ilen�r forfelture of the Property or any pert theraot.
<br /> S. H�urd In�u�ane�.Borrower shall keep the improvements now existing or hereaRer erected on Ihe Property insured
<br /> epefnat Ioea by flre,hezards Included withln the term"extended coverege",and such other hezarda Aa Lender mey requfre
<br /> end in such amounts and(or auch perfode as Lender mey require;pruvfded,that Le�der shall not requuo that the amount ol
<br /> euch covere9e exceed thet amount of coverage►equfred to pey the suma aecured by this Oaed ol T►ust.
<br /> Thfe insurance carrfer providing Ihe fnsurence shell be chosen by Borrower subJect to e�provel by Lender;provided,that
<br /> such approval shell nol be unreasonebly wlthheld.All premwms on�nsuian�o pul�c�as sho I bu pa�d�n ine mnnner prov�ded
<br /> under para�raph 2 hereot or,it nat peld�n such manner,by f3o►►owPr mak�ng pnyment.when due,d�rnctly lo tho�nsurance
<br /> cerrfer.
<br /> All insurance poliCies and renewals thereol ehall be m lorm acceptable to Le�der�nd shall�ncludea slnndnrd mo gage
<br /> clause in favor otand in form accepteble to Lender.Lender shall hnve the��ght to hold the pol�cies end renewels th�reof,end
<br /> I Borrowershell promptly lurniah to Lender all renewel noticesand ell roceipts of paid premluma In the event olluss.Borrower
<br /> ehallglvep►omptnoticetothelnaurencecarrlerandLender.Lendermeymekeprootalloss�InotmadepromptlybyBorrower.
<br /> Unless Lenderand Borrower otherwiae egree in wrlting,fnsurance proceeds shall be apptleJ to restoretion or repau ot the
<br /> P�operty damaged,provided such restoratlon or repefr�s economfcally leesible end the secuny ol Ih�s Oeed ol Truat fs not
<br /> thereby Impelred.II such restoratfon or repalr Is not economically feasible or�t the secunty of thls Deed of Truat would be
<br /> ' ' Impalred,the inaurence proceeds shall be epplfed to the sums secured by thia Deed of Trust,w�1h the ezcess,it any,pefd to
<br /> Borrower.II the Property Is abandoned by Borrower,or�I Borrower fefls to reapond to Lender wlthin 30 days Irom the dete
<br /> � notice fs malled by Lender to Borrower that the insuranCe carner oNers lo setlle a clnlm lor insurance beneflts,Lender is
<br /> authorized to Co118c1 and apply the m8u�anCe proceeds al Lender's option elther to restotetlon or repav ut the Praperty or to ,
<br /> the sums secu�ed by th�s Dead o1 Trust.
<br /> Unleas Lender and 8onowar oiherwise agtee�n wnting,any such application of proceeds to pnncipal shell not extend ur
<br /> Qostpone the due date of the monthly installments relerred to In pnragraphs 1 and 2 hereot or change the amount ol such
<br /> inslallments.It under paragrapn 18 he�eof the Propeity is acquired by Lender,all nght,t�tle and fntareat of Borrower in and to
<br /> ony insurance pollciea and in and tothe proceeds thereof resultlng trom damage to the Property pnor tothe sale or acqu�sdfon
<br /> � s�Mall pass to 6ender to the extent ol the sums socured by this peed of Trus1�mmedietely pnor to such sale or acqu�silion
<br /> 8, pns�rvsNon and Mainl��ance ol Proptrtr;Ltas�holds;Condomlelum9:Plann�d Unll D�rNo �nb.Bor�ower shall
<br /> keep the Property m good repair and shall not co�nmit waste or permit�mpa�rment ot deterioretion o the Property and shall
<br /> � comply with the provisions ol eny lease il this Oeed of Trust is on a leasehold.If th�s Deed ol7rusl f s on a umt m a condommium
<br /> � or a planned unrt developmenl. Borrower shell pe�form afl of Borrower's obl�gat�on�under the declaratlon or Covenenls
<br /> � � cReaUng or goveming the conaom�mum or planned und development,the by-lews and regu�ations ol the condominium or ,
<br /> + p7a�ned und development,encJ constftuent documents.I'�condom��ium or planned unit develOPment nder is excuted by
<br /> i : 8orrower and recorded together wdh this Deed ol Trust,the covenants and agreemen�s ol such nder sha11 be Incorporeletl
<br /> Into and shall amend and supplement t If Bo ower ted t pertorm he co�venanls and a�g eements conta ned i�h s Deed of
<br /> ' 7. Prot�cNon ol L�nd�r'�S�eurH�►•
<br /> Trust.or if any ection or proceedmg�s commenced witn mete�ialiy aHects Lender's�nterest in the Properrr.�ncluding but not
<br /> i limdedto.eminentdomaln,�nsolve�cy,codeonlorcement.orarrangementsorproceedmpsmvolvmgahankruptordecedent.
<br /> then LendBr et Lend6r'8 Option,upon nOtice to Borrower,may make such:�ppeurances,d�sburse sucn sums and take Such
<br /> ac�onasisneCessarytoprotectLender'smterest,including butnotl�mitedto,disbursementofreasonableattorney'sleesend
<br /> entry upon the PropeAy to make repaus.II Lender requved mortgage�nsurance as H condition ol making the loan secured by
<br /> the oeed ot Trust,Borrower shall pay lhe premwms reclu��ed to mainta�n such �nsurance�n BHect until such time as Ihe
<br /> requfrementtOr such in�urance term�nates�n accordance w�1h 8orrower's And Lendor's wntten agreement or applicalbe lew.
<br /> Borrowe►sheU IoaY the amount of all mortgege insurance perm�ums fr.the Manner prov�ded under paragraph 2 hereol.
<br /> e..., n�nrumfa d�shursed bV Lender pursuant to th�s Dara�raph 7_ w�th interest Ihe�eun, she,� �etome addd�onal
<br /> , � _...__ ........ .. .....�...,�tio.in,..�c�lnpymnnt such
<br /> indebtednes�of Borrower secured by this Deetl o��rus�v�•ess o����,..r�e��+��.•��:••y���•--•�-
<br /> arnounffi shell bepayeble upon noUce from Lender to Borrcw��reyuest�ng Paymem r.�reot.and shal�bFar interee".1+om the
<br /> at sueh robe would be eontrery toaap'P�eabemaw �n wr cr�eventsueh13mC��t�8e8�hbe���le�es'�a1�tn�eeh•g1 ese�ate
<br /> � permissibleunderapplicableiaw Nothingce�ta��?d���'�•sna'A91AphI5h�71��PQU1�9:,BnOPIt0111C11fA�0 pxce^seort8keany
<br /> � action here��nder.
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<br /> thetl@�del5hetlq�v@Borro+vernolicepnor�c.��v'��i�"' ^`,"'-' •ns4+•'.' ^�
<br /> �� �nterest m the Property
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