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<br /> WWF�IRM1 COVEtVANTB.6orrow��nd L�nd�r cowmnt md aqrN�s lotlows:
<br /> ,,,e,�:� , � 1. 'a��M al�AwolI1M �11d MIMMI. Bo►►ow�r th�ll prompqy p�y wMn dw the pnnclpal of Md mte►Nt on tIN
<br /> �t��+�`''=i�• '� f wld�r�6y ffa NoM.P►pr f�nd 1�t�ah�ry�sa prowd�d in th�Naq.�nd th�pr�neip�l of and intNMt on �.-=--
<br /> �,. �:.,,s:; . �Advane�s MCUnd b1►�M M Trwt ��'�,
<br /> _.�.,f,. �. FtwMlrTa�w�1�a�.Subj�dla�ppllcsbMlawaro�wHMmwMV�rb�rl�r.aoROw.r.naw�rro��d.r �_�-
<br /> - - - onn+�daynana�►inwi ao��napuandlnMntlaraplyabt�undNlh�NnM,unQldwNoMlsp�WinluN,aaum(ho►aln ,,,_.u, .,-_
<br /> ° ��' ..FwiW")�bc�M hMNllh of ywAr Wns�d�pa�nb wtMCh rr�y attun pnorit�r ovM tAn OMO ol T�wl.u�d _`_;:.R�;.<�-�.
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<br /> .� ��'', ,, pra�ndrs�montl�P�o�p�ty.Nany.Wuson�-twNflboly�1 ypr�mfuminaWNn�nbMrh�rudlnwranq,Wworn•twMllho� _
<br /> „. p�nMMn Mhql(��1M11�lor mortp�p�Inwnnr.e,if any.NI n nuomblr awn�t�d InifaNy�nd 1rom tlm�to Wn�by .. .vt,-_..-.==—
<br /> ,+��•����11�f{%r ' �;�'�!* �Off tll�bOff OI�NY��IIMflb 1111dbill�a11d�MtOf10bM a11111111M qtM�OL ':.�s.'.,-%ry�5��''_
<br /> `°,?.,� • TI»Fundt�h�Ilb�h�Idln�nimqtudontlMdMwsiaaaccounbolwhich��raw�da0wranM�d.b1NF�d�rda�M � -. "—`��-.i
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<br /> _•,._,:._ .y; . +�• ap�ncy Ilnchrdinp L�nd�r if L«W�r�s wch m insdtudon►.lMidK shNl appoy tM Iw�ds b y s�id qKa��b, �;,�,.�___-
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<br /> ''_��„� • .: inwrarw�pr�niums�ndproundnMa4�ndum�ynotclf�►pNorsoholdin0�nd��onM�Fund�ii�nd �ab�Mlaw . A
<br /> -"�%�.�i i .;. . .. "` orwriylnprndcomp111npsa�d�tsandbille.unlawL�nd�rp� 8a�orr�r �.,`_�.�:�-:�-•°�=_
<br /> `.�'.'-'i� .. :�: .. �.°.'�L p�m ibL�nd�rtomak�wcQu*c1wp�.8arow�andlu�d�►m�y�prN�w�.�m.o�.a.�ao�aar.'C�.daT�,a �-_--:------
<br /> =�••�••� �.�,, • , �y th�t inlKSSt on fh�Fund�shW b�P�d b 6oaaw..u�d uMas wch pr�t i��a appNa�b�I�w�q ufra weh �_
<br /> • • i inbnst to bep�d,L�s1�N nol W n4uued b p�8onowa►any inh►at or i�s on 1M Putlds.lM1dM�hRll phla t0 �K6�'►�'.ai�'�`�
<br /> -'a' ��r�d:'";* �• � 8ortpw�r.wW�oul���annwl accoundnp of ths Fund��howtn cred�es u d d�6itslo tlN Funds�nd fh�purpow fa �,�A---
<br /> -�• r •..s. wh�hNCAd�W1bt�Fiind�w�sm�d�.Th�Fundsar�Rl�dp�ds�o�tlaWa��JMIw1�w���uredb�rfhbDNdo� ��r:�_.:
<br />--- ' 1.=�; � : �� T M��mouM d tM funds hNd Dy Lend�r.loqeM�with ths futun monthir in�b of Funds P�Y�e P�wr to th�dus ;�;�----_-
<br />_ , 1:; .� d1�MS d taxM.asNSfn�fs.inwranu premlums and�rowid�b.�haM�xcasd ths amountn�quind b p�y Mid Yx�s. �'wsui°
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<br /> ° _ --- - asf�nb.i�wrsna prsmiums u�d 9round rena as h11 dus��uch•xcess shall b�,st�owM'�optlon.either ti - �T
<br /> . - --- ._.. . . �T p a�pa#d to 8�arror�e:ar ensdl�!fa @orrerret ert m�ly�rtataNrttents M�und�.H the emount ol the Ftende held bv �.,.:,;- •
<br /> ' L�nder�hallnotb�wfficbntfop�yfaxes.�s�nb,inwanc�premiunqu�d rowWrontsaplsylalldus.8onoww�hafl �:ituy °
<br /> � . , � pay b LetdK �mount n�cess�ry to mak�up tM ddialency withln 30 days�om the d�1�notice fs m�iMd by L��ro �,;�.;:;. ��..� -
<br /> � ,1=:, Bor►OtAM1r � O�Inn�d Mt�rsof. ��$':�'s'f'c...•�°""'
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<br /> �'• ' � -'`�'� Uponpayn�qintulloldlwmssscuredbythi�DesdofTrusRlenderahaNprompflyrefundto8orroweranyFundsheldby „�.N�?(;;�, �
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<br /> , �,<�r• t L�nder.fluM�►p�rapr�phl8h�reMthsProperiYissoldortlosPropertylsofhsrwiaeacquuedbyLender.Lender�hallapply.
<br /> , .. • .••,::, '. •` n�laENthanlmm�di�Wypriatoth�sal�ottheP�opertyaib�cq U�{���Onb�L�nder.andFundiheldbyl.�nd�ratth�tln�ol 1;,.��'s��'��"`-
<br /> ��,, .: � �pplkatlo�a a cndit�pdnst Ih�wm:sscured by this D�sd of Tnist �f?T��'
<br /> y w � 9. AppYealion d ��,Unlsst applicable lew provida olherwi6e,all payments�eceived by Lender under the Note +.�,�z _
<br /> � '•��, ' ' � • ' and apbs 1�ndp2�MreM shall be applfed by Lender Nrst in payment d amounts parabl�to Lsnder by BoROwer under '•,�, .
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<br /> . ,�,r �. . , �a ZMr�of.th�n ro inqnat payabts on the Not�,the�ro the prf ncipel of the Note,end then to inter�st and pnncipal on �„�_
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<br /> • • . '� ' r =�: �. CbMOM;LMn�.Borrowersshallpayalltwc�s.assessmentsandotherehar9e�.Nneaendimpo�fHonsatpibuabtstothe _�.:�,,�
<br /> ; ,r;Y,?, : �• Prop�ti wfiich may�Rain a�owr thii Deed ot Tru=t,and leasehold paymeMS or ground��nfs.il Nfy.in Ih�n�nner :±_:_<-�
<br /> ,.;;:; ,., ,.w: _� ..• prorided undK 2 a.H not�id in wcA msnnsr.by Bonower mekfnp ymenR whsn dus,dinctly ro the ,•..u�._:: -
<br /> p syM d�►pf, owK thaN ompdy lum�a��•a 4ender sll�odces ot amounts due u�fhi�parpraph,and in th�event �wY �
<br /> ,I •,�� Y B D�owe► �11 mak� ainatly,Borrower si�ii promptiy iumis h io Len der r e e e f p i�ev l d e n c�w c t+�y�sn�• '� � �
<br /> ,.;���.r., ' • . , ,..�, �,. 8orrower ehNl y dlschar�e any lien whlch hae p�loriry over thia Deed ol Trus�ProWded.thd 8orrower sh�ll not be ,.a;h,,.�
<br /> � � � requi►edtodlee rge�n euchllenaolongad8orrowerahnllegreeinwddnytothepaymentoftheoblfqatbnsecurodbysuch ��,r,,, �
<br /> ' �:`� ti• `�� ' °� } � ~ Nen in a rt�annsr ac�s to Lendar,or shall in good lefd�contestsuch lien by,or defend er�4orcem�nt of such lien in,le�al ,.. .•; � -
<br /> ,1,��'� ,., ; ,t;;,�ft�..� .�'�.��1�9 i;, procsedlnqt which opsats to p�evsnt the ento►cenrNnt of the Nen a torfeiture of the PropeAy or any part thsroof. � .'
<br /> 71ihS;.. , �w S. H�d I�au��.Bonower ahall keap the i�rnprovemenb now exisdng or d�eroefter erected on ths PropeAy insured ('''•,{1'�1�".,`1`..�
<br /> `" ��' � � •''^ a Ins1 los�b flre.hezerds included wlthin Ihe terrn"exbnded covera e',and such othet hazards as lender may reqwre '�i1' �tf��;'"-�.�
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<br /> ,�,�f� �,,;,�� ' a:��'.'=. z and In such emounts and fo�suah pe►iods es Lender may require:provl ed,thal Lendsr shall not require fhat Ihe amount of �:,...,_�
<br /> t;i: ' � , �fr� dUCII COVet�pe exceed that emount o1 coverape�equired to pey the sums aecured by fhis 6eed of TrusL _� ` -
<br /> ° ' ����,' . �� � Thlsinaurencecarrierprovldfngthelnauraneeahellbechoaenby 8onowereub�ecttoapp rovelby Lender.providad,thaf �.•�:.,.,�
<br /> . �4. ��.;.,• -• �t���:: such approvel ah�N not be unreasonably wlthhetd.All prem�ums on inwrance policles shall be paid(n the manner provfded � , �r;•_
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<br /> . ,,� , , under parapraph 2 harool or,II not paid�n such manner,by Borrower makiny paymenf,when due,dlrectly to the inwrance �,._,;.�_.__._�i=-.
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<br /> �r:'�.'� ; � �� °�i��� All lnsurence poNcles and re�ewele thereof shell be m form accepteble to Lan^ler and ahall include a atandard mort��QB Ifib��__�,A��
<br /> i `�il�- �...':S��1 s!` clau�e fn favor of and In form acceptabla to Lender.Lender shall have the rlghT•ro nold the polictea and�enewals thereofend 1.r„-,, �..�,�,,�
<br /> t r�. �, Bonower ahell prompdy lumiah to l.ender all renewel norices end all recefptaof pa�d premiuma.ln theevent of losa.Borrower
<br /> t}.�� �, �. 1���;� � :� ahallglvepromptnodcetothelnsuranc8cerrierandLender.Lentiermaymakep►odoflosgdnotmedepromptlyby9orrower �5��;,�„�,� .
<br /> Y.;;• r • �y`��;.,;,'�. UnleesLenderandBonowerolherwiseagreelnwntfng.mauranceproceedsahellbeappliedtorestoretlonorrepeirolthe , •,.�,� J z
<br /> '�;'>>�i. ��;'�''.��:4'...,c1.,���} Properry dama�ed,prov�ded such resroratlon or repair is economically leaaible and the secunty of this Deed of Trust is not J �'', j�,'�
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<br /> �',�,+'' •i�� ` '' �'r��,� theroby ImpeIred,N auch restoradon or repeu is not economically leaafble or d the securiry ol(his Deed o1 Truat would be " � ,r.�.--�
<br /> ,��i�',.• ' : ..:� � .. impaired.the �.�...�•.
<br /> � insurence proceeda ehall be appl�ed to the auma aecured by th�s Deed ol Trus�wllh Me excess,i t any,pai d to ! ,
<br /> �� � �- 8onower.II the Pro rty Is aDendoned b Borrower,or if Bo►rawer lails to respond to Lerder wNhln 30 days Irom the date E�� °F��;ahii+::-=:�
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<br /> •.: noUce fa rneNed by �nder to Bonower t at the msurance carner oHers to aetlle a alaim lor Insurance benerits.Lender is �• � i , _
<br /> 4�-' " authorized to collect and apply the Insurance proceeds at l.ender's opt�on eithe►ta restorauon or�epa�r o1 the PropeAy or to � :�^�, ; 5,: .
<br /> ,,. . the�ums secured by this Deed ol Truat. , , ti'':l��;r
<br /> Unlees lendsrand Borrowe�otherw�se agree m writing,any auch applicatfon of proceeda to pnncfpal shell not extend or ,. ;..,�t��'•. .t,
<br /> • po atpone th�due date Ot the moMhly fnefellments refer�ed to m paragraphs 1 and 2 hereol or chanqe Ihe amount of such , ILtF '
<br /> installmente.lf under pare�raph 18 hereof the Property Is acquued by Lender,a11 right,tftle end Intereat ol8orrower in end to . ,, � ' "
<br /> . �- :�. enylnsurancepoticiesendinendtotheprxeedsthereofresultlnglromdeme etofhePropenyprfartothesaleoracquiaftlon P� �. .� � •;ry^
<br /> � �. � .w;,w; '��„, sheq peaas to Lender to the extent ot the suma secured by thfs D e e d o f Truet�mm e d�e te ly pr for to suc h aa l e o r e c o w s i t i o n. ; � ���^
<br /> 8. Pretw�ratlon and MdnMnanee at PropKf�r:L�u�holdr,Condominlums;PlannM Unit O�vNop�b.eorrower ahali � ���'�r'-
<br /> '�.�, , .•;•�• �, �� keep the�Property in good repelr and shall not commd weete or perm�t Impefrment of detenoraUOn ol the Prope�iy and shall . �'
<br /> :��r••,�� co m ply w iththe provisfonsot an y lease if thla Deed of Trust fs on a leasehold.11 thfe Oeed ol Truatls on a umt m a condominium
<br /> !+• , y • i or e p l�nn a d un l f deve lopmen t, B orrower a he l l pe r f orm a l l o f B or r o w e r's o b l l g a ri o n s u n d e►t h e d e c l a r e t�o n o r c o v e n e n t s �
<br /> crealiny vr 9uvemfng the condominwm or ptannad unit dcvolopmcnt,thc by-taws and regulaUons o!thc condominium or
<br /> � � � � ' � , plenn@0 unit developmenf,and constltuent documents.If a condomm�um or planned umt development rfder fa excuted by �
<br /> >.�` Bonawer and recorded topether w�th thia Deed of Truat,the covenants and egreements of auch rider ahell be incorporated
<br /> j�q. Into and shall amend end supplement the covonants and agreem�ems ol thls DeeO ot Trust ea N the rfder were a pert hereol.
<br /> ,,,,:t 7. Prot�cUan of L�nd�r's S�eudty.If 9orrower faUS to pe�lorm the covenants and agreements contefned in thls Dead o1
<br /> �r��; ' True�or lf any actlon or proceeding is commenced wfth meterlally attecta Lender's�nteresf fn the Property,includMg but not . ,
<br /> :a ,.�. Ifmltedto.eminentdoma�n,insolvency.codeenlorcemenf,orerrangementsaproceedfngsmvolvingabankruptordecede��
<br /> •��� ` then Lenderat Lender'g opt�on,u(,on notice to Borrower,mey make such appearances,diaburae auch sums and teke auch
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<br /> y,,��; acdon as ianecea�aryto protect Lender's mteres4 mcluding.but not Ilmfted to,disbwsemenlof reasonableattorney'a tees and
<br /> , �; ;; � i�,r ,� entry upOn the Property to make repa��s.lf Lender reqwred mortgage�nsuranceaa a conditlon ol makfng the loan secured by �
<br /> the Deed ot Trust,Borrower ehaH pay the premlums reqwred to mamtain such msurence�n eftect uMfl such tlme as the
<br /> .�; ' ��, ;��•;.(;�;�,:: r8quirem�entlorsuchlnsurenceterminatesinaccordencew�th8orrower'sandLender'awntlenag�eementorappIlcelbeiaw
<br /> ��.__� �• B0 n�weAmaintp.a ydia�hu8neei b vLe'nder�nur�auaMUto thfs oaraa enfi 7.e th intepeat�h�ereon.eshall�becomehadditlonal �
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<br /> �r`-- ��-,�'"���- indebtedness of Borrowersecured by this Deed o1 Truat.Unless 6orrower and lender agreetootherterms olpayment,sucn �� ,
<br /> - ti i ' emounte shell be payable upon notice Irom Lender to Borrower request�ng payment hereoL and shell bear mtereat lrom Ihe ,
<br /> � dete of dlsburaeme�t at the reta peyable from Ilme to time on autstandmg pnncipal under the Note unless paymentof interest , �
<br /> __ ' ,�_. . ���. •'�°''• " at auch rate wout�i bo contr�ry tc applicable law. m whsch event suci�amourns snall bear mterest et the highest rate
<br /> � � �j .;.��;��t;;`.: perm�eslbleunderapplfcablelaw NollungcoMalnedmthisparagraph7shallrequ�reLendertpmcuranyexpenaeortakeany �
<br /> '�r '. ' � ,,. t�.:,.�,,:, actlon hereunder.
<br /> � ` � �f:•r�. .. �: !. Insp�ctlon.Lende►may make or cause to be mad�t reasonable eMnes upon and inspecUona of the Properiy,providecf
<br /> � `• • �,. ," , . '` lhat Lender ehall give Borrowa►nol�ce p�ior 10 eny such��specUOn spec�ly�ng reasonable cause lheretu�e related 10 Lentler's
<br /> � "� interest In the Properry.
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