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<br /> � tJhNROFIM COVENANTB.9aroww�nd L�Nr cown�nl��d qrM u lalbw�:
<br /> �'�i 1. � ►�NIOI�M MIMMI. 9orrawN �p M�y P�lI wMn dw M� pnnalpal ol atld InWMt on tlM
<br /> �`;, 111d�OM���bylh�� �nd1�Me11WpN�sMor�d�dlaq�Nop.�fldlh�pM�dR�lolandlnlMMtOn
<br /> �y Futun Adw���eund bY 11���iuq.
<br /> '� �. ��MIMIaTaM MM1f�o�.$ub�ot bappllabNl�waloaw►ilMnwaiwrbyl.M�dN�BonowMNwllpnrbLNwl�r ��.__
<br /> .y o�llwdnrmonlhlr►in�iMnaMp���P�1�dtnNr�sl�np�y�bl�undMth�NoN.unrilfh�NaNbp�ldlnlull.��wn(hKMn
<br /> ,u . a. :�.. :_. "Fw�d�")�1 b en�•fwMI1M M fM 1rMt1►t tuM�nd uM/smMt1 wIMCb n1�Y�iqin prlo�i1y ovw t111�ONd ot T�Nt�nd _.
<br /> _ , � pround�lsontMPro�eM.il�ny�Wwon�-twMNhotyn�ryrprnnlumnnW ak►rh�raudlnsunnco.plwonrtw�tAhot � _
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<br /> b � �rwrlv pronlum kulaNm�nh br n�ohoro�inwr�w.il any��11 u Me1m�Nd Inflwlly�nd ka�YnN b tM�Of► �,_
<br /> , �! '�':,� ��l�;,a; •, C�ndir o�a�.�a a.a.�.m�a.ndbllls rnd n�onabN�MNr�aM�ehK�ol. �"� _
<br /> ,q``� •. �` . : Th�Fundlt�Ilb�hNdlnao�nsutunona�.d.ao�aa.�eounaawn�.►.�nsw.do.owr.nM�dp�•F�alap�l�
<br />-�.�.�. l 1.��}���(Ir�F'.. �� �. ��I �M"G�_
<br /> - `" #�';R;':i3� ,: �O�af►Ilncludinp L�Mr u�end�►i�wcl��n in�tltudon),I.�d��11�pply the Iw�ds top�y MW quc�.�� �_�''•'._
<br /> '�`,: .. InwranaP�tum�and�roundnnb.Lend�rtui notchary�forahotdl a�daPP� �MItMFund�,�naryslnOaidacaount �h�_�_a•-
<br /> =-LL',��� : .. •'.t':;�• ;;�, ry� ow�In�►atonth�Fwbs�nd law
<br /> r.�= , ; , .
<br /> . ..t�'`. °pw""�ad��m�sa:w n:oh.�"�°"eorroaw:na���a��.:il�w�0�`�anoa�a�am.a.x.ouaonaa�.'�.d�a n,s� I�:`��`�
<br />: � .�•� . tlhW k�Mrai on th�Fund��hall b�Wid to BoROwer.and unlssl�uah�res�mnt i�mod�a a�NoaIbe I�w��qulrM luah .:
<br /> .�� 1 ';.�� `' fnMe�f b b�p��d,�..nd.r�u noi e.nvuired a p.r aonower�ny int�at a Mmlnp•� on flf�-�und�.l.�ndK N�II�ir�to �•.ro,;��
<br /> "' �,''+ "�; gorro,�r.�ithout eh� �n�nnuN accountlnp olthe Funds showInp cndib and dWfls to ths Fw�d��nd 11+�purpo�tor �-,r
<br /> � � ��•,;:�1.`�• ' ; .. ' � �hkh«chd�ilbtM�wd�w�s�wM.Th�Fund�ar�pl�dp�d�saddiNonalt�eurirylo►th�tun�ls�cundbyfhf�DMdo� m
<br /> , .,;.�.�•.
<br /> `` i c�,.. ..� . ,_��� T 8�artww�t oHhs tunds frW Mr L�r.lop�r�rith ths fWu�monthlY indnllmsnb ol Fu�W�bN 0�b�dw -
<br /> duMs af buc a�anNtM�.ineu�oe Promimns�ne pra�nd nnts,M�II sxcs�d ths�naurN npuMrd b pq e�i0 tu�M. �''°y="
<br /> ' �' `•'` ' a�am�nM.�wranos pr«niums�n d�rou�d nM��stMy WI dw,such sxces�shall b�.ai BoROV�'s optlon�.��!M �r�'=
<br /> ... .^. . pro�pt�/r�p�id to Bonow�r or chdibd i o B w row�►on n�t h h inerliments ot Funds.If 9h��mounl of q»Funds1�0� ==
<br /> _- L,.°-,:--•.-:-."...-'-_= I.ir�N�Qrwtfo�wi'i'wibr►ttapsytaxes.ax�mo�.inaurante�rmiunnsatMprouRdronFleetheyMu�k�eBarowe�enw� --
<br /> �::� '.s, �.� � . y b I.a��anx amount oec�ta�1►b mak�up d�dNiCl�ncy w1Mln�0 days(rom th�d�h no4ce is m�il�d by L,��W �`_``-' -�-
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<br /> ';'',�� '�'''' � 9ono u�q P�1R�1 UlMeol. �-
<br /> �k::�, � . � i.� . ..'i�'�e� w�f�Q
<br /> ;}���.� ��::i��; .�, '� UP�P�l��in 1ull of aII wms f�curod by this Os�d of T�usR l�ndK shtll prompqy rNund b 8orrowK�ny Fwids hNd by � �
<br /> ,, u.,, � ',�. •�., . ��� Lend�r.Bunde►puapraphl8hereoNheProps�1y ia�Ido�lh�ProDe�1frisoth�rw�seacqulredbyLender.Lendar�hall�pply. : -,
<br /> �� �� ' • 4 nol��thsnimm�disblyprlortotheaaleotth- sPropsNyoriba uisit(onbyL�nd�r.andFundsh�IdbyLend�r�tthsqm�ol l� ::
<br />::=:; �•� ^ ..s r�}�`+�:;,..,: . ,.,� opplicatiate+�e�crodit ay�inst qf�sums seaured by tf�ONd d�ru�t. .
<br /> •iir,;�; ;;,„ d_;,;- ti, .i .
<br />"n.1,,..'�;:: , 9. App4kalloe al P Unless appticnble lawprovWesotherwiss.a11 pa�ments received by Lender under the Note 4`� -_-
<br /> ��` . ; -• y`i.; '-. ., and pi��a�a phs 1�nd 2 eot eha116e m�ppliad by Lender Hnt in payment of amounb payabte to l.ereder by Borrower under ��..
<br />,.,:.},�:.:st ; _
<br />-,'r c�:- � t•, • para0 h 2 hereof.Ih�n to Uforoat payabla on 1he NoU,then to the pnnaip�l ot the Note,and M�n W inten�t and pnncipd on �N
<br /> �:i::� �P
<br /> �:'t,i;,�,:��a .. :� amr Futurs Advanc�a. �-�.--
<br />"�t'.;r:y; :�i`•'�,:, `� 4. CAM�M;LI�.Borrow�xsshallpay alltexes,asfss�menbandothercha�qes,tioesandimpositlonsatDrlbut�Wetothe �_�_•�-
<br />�:i!'F{t' ;,�1��` •�.+•���.A� • P whl�h m�y att�in a pdoriry ove►ihis Deed o1 Trust,�nd leasehold paymenb a�ground ronts,if any,ia fhs m�nner
<br /> h�, ir!�..�. ►�H _'
<br />'�t�t`r::+1 ,.��.. ..� � provided undaparaqraph 2 hereot or,i!not�aid in auch m�nnK.by BoROwer makiny parmenl,wh�n due.dlrecUy to the -
<br /> �,�::�t} '�':�;". . � ::1:`s�. pA ths►eof.Hor►ows►thallp�ot�nptly i�umis��•o Lsnder all noticss ot amounta due under this panpraph.�nd in the evsM �'�'"_
<br /> :.':3: �;� : � •''� '•.:a._.:;.. 1�
<br /> ' yN;,, Borrowe►shau mekspaymeni directly, Bo�ower sh�llpr amptly f�am�sh to 4ender�aceipt�e��denc�np euch paymenb• __�W
<br /> '� l;� - � , �, r Borrowe shNi rompay ciiscitatye any irm�witicit he8 piiorlty w�e�t�is Dsr�s at rs�pravtrxd..''.�2 8arrowet sAnl1 no!�s ��;_-
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<br />�'•,`it�'�±'.; '�t�'fi�i:'�! �-!=:r. r°• ; �y ��,-�...,.
<br /> ,;: ��1��, +�;}r.t�;��,., � ', . lis�n M admanner�aC epWi�e to 4ender�or ehellein good fa�1th�co�t su h�by opdetendtenbrceme�nt o1 such�i��.le�al �s.�-�
<br /> =t?�.,�• • ' •. . proc�edinp�whfch operatfl io.prevent the enforcement of the Ilen or fo�re ol the PropeA�r or�nr paA thereaf. �-
<br /> ;`+?t:.•�(�, � •� , 6, H�t�rd I�au►�.8or�vwer ahall keep the Mnprovemenb now exisdn��s hersNter ereoted on tl�e Property ineured
<br /> - againat loss by Hro,huard�Included wltd�in the term'extended coverage",and such other huards as Lander may require __
<br />;,:�'i��� ' . ' ;• end I�sucP�amounts and tor auch periada as Lender mey require;providsd,that Lende►shell n�t�equire that tlw amount ot =:--
<br />��,•;i�i� such coverape exceed th�t emount of cove►ege re�uirsd to pay�e aums ascured by this Oeed of TruaL �'_"__
<br /> - "' ' Thfainaurancecarrferprovidfngtheinauranaeahellbechoaenby 8o►aowersubjecttoapprovalby Lender:provided,that t=�;=
<br /> � ' � ' suah approvel ahall not be unreesonably withheld.All premwmson inturance poliaiea shell b�paid in the manner provided �'���_�
<br /> � . under pYra���ph 2 hereof a,if not paid m such menner,by Borrower makin0 paymenf,when due,dinclly to the insunnee �r=:-
<br /> ' :x.,�;
<br /> �r�.. ~��.. �`•,. . .,;.?� caRier. ��::�:
<br /> � • 7�,r, All Inaurance policiea and renewels thereof shaM be In lorm ecceptable to Lender a�d shell Include a atandard moApaye •:•;+�....
<br /> � �.: :��' �'� ° clause in favor of and in form accepteble to Lender.Lender shell hevethe rfght to hold the poNciea end renewslsthereof,a�d '� �'
<br /> ;'} ,�;.�i;:',;:�°' Bonowerat�allprompdylumishtoLenderaUrenewelnoticesendallrecefptsofpeldp►emiuma.lntheeventotloss.Bortower �''`''''
<br /> � ; . . �, �• .i' a;t`�_"
<br /> �.� f�ytiy� she0�iveprompt�odcetotheinaurancecsr�ierendLender.LendermaymakeprootoNoasllnotmadepromptlyby8orrowe►. ,. __,.
<br /> .��•,� r�.._
<br /> UnleasLenderendBorrowe►otherwiaeagreemwrrt�ng.msurence�roceedsshellbeepplledtorostoratlonorrepairofthe . ,-T-�- -
<br /> {y . �• �� ^��' Property dameged,provided such restoration or�epaK fs economically feaeible and the secuny ol thia Deed of 7�uat i�not "����
<br /> i,-' , '' '��'"�� thereby impaired.If auch reatoration or repau�s not eco�om�celfy feeaible or�f the securiry of thla Deed ol Trual would be ' "`�V-
<br /> �����+��� � �+�'�`f impafred,the Insurence proceeda shall be applfed to the aums saCUred by this Deed of Trus�with the excess,d any,paid to , .�. "�`,
<br /> ii:�;: � ' ,� �;�!?�'�' Borrower.It the Property ie ebandoned by 9orrower,or if 8orrower ta�ls fo respond to lerder within 30 days Irom thedete ` � .F..•
<br /> !��� ' � � nodce fe mailed by Lende�to 8orrower that the�naurance carner ntters to se81e a cla�m for msurance benetib.Lender is •
<br /> `' � authorized to collect and apply the�nsurence proc e e ds at Len de�'s vp lwn e f t her to res tora tlon or r a p a v ol the P►o p Y r t yor to .,.
<br /> „ �; ., ' the sume secured by thla Deed of Truat -�� •�`�_
<br /> Unleas Lender and 8orrower otherw�se agree in wnGng,any such appUcetion o l prxeeds to prmcipal shall not extend or .�-�'
<br /> r � po atpone the due date of the monthly installments referred to m paragraphs 1 and 2 hereol or chanye the emount ot such -
<br /> � '' in�tallmenta.If under peragreph 18 hereof the Property is acqulred by Londer,all rig ht tille and intsrest of Borrower in and to '
<br /> ��'`�� � anylnaurencepoNciesendlnandtotheproceedsthereofreaultinglromdamegetothePropeilyprlortotheseteoracqu4itio� ��'
<br /> c... • ' +`' �C.,.,;,�. .:j,'I'��� shall pass to Lender to fhe extent ol the sums secured by this Oeed ol Trust�mmediately pnar to auch sale or acqwsitlon. �.,;'�� '� '�,
<br />;.,� �t.�� ...:�,�.'.. 8. Pns�nration and IiAalnbnance o1,Prop�et�r:L�a��holds:Condanlntunh:Plaened UnN Osr�1o�n�nh.Qorrowerehall �+:.i��.. �
<br /> `' `' �':.�'i i'� � k e e p t h e P r ope r t y I n g o o d r e p a l r e n tl a h a ll n ot comm rt waste or p ermd im pairment ot deterloration of the PropeAy and shall
<br /> � . �.�, ..
<br /> ? ha;;� �
<br /> '�; . � complY wfththeprovisionsofanyleaseiflhisDeetlolTruatieonaleasehold.IfthlaDEedofTrustiaanaunitmacondornlnfum , �
<br />•,k� ' � or a plenned unit devela pment,Borrower shall perform all of Borrower'a obUgations under the declaranon or covenante
<br /> 1 �I�• .� , �� creeNnq or goveminp Me condommwm or planned umt development.the by-laws and reyuletiona ot the condominfum or �
<br /> ! ';�" ' planned unit developmenf,and constltuent documenta.lf a condornmwni ar plannod unit deveto ment ndsr is excutCd by
<br /> ti. ;'� . ����, Borrower and recorded topether wrth thia Oeed ot Truet,the Covenants end agreements of such rPder ahell be incorpor�ted
<br /> �a' , � f nto and shall emend and supptement the covenenle end agreements ot thls Deed ol Truat as if the rider were a part hereot.
<br /> { 7. Prot�aflon of L�nder'a 8�cuHt�r.If Borrower fefls to perform the covenants and agreementa contex�ed in thfa Deec!ol �,
<br /> ���; ' p id Truaf,or It any�cNon or praeedin4�s commenced with mabrially eNects Lender's Interest in the Property,Includinq but na '
<br /> ��:.
<br /> •�y � , limitedt0.eminentdomaln,lnsolvency.codeenforcement.ora�rangementaorproce�edfnqsinvolvfngabankruptordeeedent
<br /> ,�`;, , � � �•.��1 �� then Lender at Lender's opUOn,upon noqce to Borrower,mey make euch appearances,diaburse�uch aums and 18keauch �•,.'�
<br /> �;;�; �� • • •. ,s,, actlonasi�necessarytoprotectLende�'smterest,mcludfng,butnotl�mdedlo,disbursementofreasoneWeaftorney'sfeeaand i',':'��
<br /> 't� '•r';��:'�?• entry upon the Property to make repeirs.If Lender reqwred mo�tgag e inaurence aa e condrt�on o1 makmg the loan secured by
<br /> ,,. ,. .
<br /> ''.�it���'� � ' ' the Deed o1 Trusf,8orrower shall pay tne premlums reqWred lo mamta�n such ineurance in ettoct untll auch tlme as the '
<br />„tis`[�r-, �;. •, ,, .�...`
<br /> , 3• '�� � • .�r�•�•'''.1�li;�1'�i<<' r uirementlorsuchlnsurencelerminatesinaccordancewdh8orrower'sandlender'swnflenagreementorapplicalbelaw
<br /> z���,'. . ��1�?.°;;?;.�.:��":,:i,l, ;� �
<br /> BonOwer ehellpe y the emount of all mortgege inaur.anGe pentnWms in the manner provided under paragraph 2 hereol. ;::,,,
<br /> ` '':' �' ' ' Any emounta diabursed by lender pureuant to Ih�s paragraph 7, with intereat thereon, ahall become addltlo�al
<br /> ��'�yrt�. '.�i�',:�__��� �ndwhtadnaaaofeorroweraeCUredbvthisDeedolT►uat.UnlessBo�rowerendLenderegreetoothertermsofpayment,auch ;• �
<br /> '�� �'"'}� �� �s;,;+�j)'9 amounts shall be payable upon notice Irom Lender ta Bo�rowe��equesung paymem nereot,entf enen Dea�mtereat irom ine
<br /> Ji{ � . ' ,r���<,�',•, dateoldiaburaemeMattheratepayeblefromtlmetot�meonoulalandingp��ncipalunderlheNoteunlesspaymentofinter�esi
<br /> _ ^ ` , � at auch rate would be contrery to applfcabte law, �n whlch event such amounts shall bear �nte�eat at ihe highest rate
<br /> .. .�y�',,;,+' ,,,..•.°�{i';tt::
<br /> _ �.�, ,.,. ,�..j�,�.,_ p�rmi�slbleun�erep�ltceblelaw.NethingCOntairt?�l�nth�spa!egraph7shel�r�yu�teLendcrt0�ncuranyexpenseortakeeny
<br /> ;•9r� �� tt�'•:t�''....•'�fi;.,. . ,• acUOnhereunder.
<br /> . ; ���.,�;•`y.'.;,,.���;��'"�� 9. Intp�Mlon.lendet may make or ceuse to be matle reasaieble entnes upon and mspections of the Property,provided
<br /> , � ,��s•r' ;?�i,���,��S�r74 that Lender ahell give 8orrower noUCe p�ior to any auch inapectan spec�tying reasonaDle cause therefore related to Lender's
<br /> ' E ' .. ,,' •!,,,;,•, Mteraft In the Propert�.
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