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<br /> UNIROlIM COViNANT�.�arow�►M►d tand�cownant e�tl apne as�oNqwa; —
<br /> mdi�tidr�q���N�� � t�indl���cha qas��av aNWint�NaN��tl�ii�prinof Ip��Id�nd�ilwMto�f1
<br /> ,�ny FulYn AdvQMfM by 11NpD�rutt
<br /> `= 1, RunNIKT�MMMM�M�fMa•Bub�toappllc�blN�worioawrllfemwalverbyi�d�r 8omowKShdlpaybt�tb�
<br /> . onth�d�Ymonp�ly1n�11Mn�MofprinclWl�nd�nt�nst�nMYae�aunderthePfata.unu�lhsNoMbp�Idln1u11��winlA�nMn
<br /> .�` .'Funa�"1�aw�a onM-�t�w�Im of th�y�arly nxM and usMfinerps rwl�Ich mMy attaln prialhr owr this ONd of Truq,�nd
<br /> prounarontsonthaPiop�rty��linY.Pluson�-lwslfpfofy�aAyP�mluminataUms��lorn��udlnwrancs.Wwon�-twNflhM R-
<br /> ;� ysu�ryr pr�mwm�ntw�tor mo�p1�p�inruranw.���►.au ea saaeariab�g at�ad�nnW1y�nd tran��o tinN by
<br /> _,:., L�nA�r on m�bua of�M�MII��nd rauon�bt�enlmateJl.tlnereo'L
<br /> Th�Fund��Ilb�hNdl �nfn�lonlh�d�pafbor�ccounao9whl�harei�eavredorpw►anM�d.by�F�Naqal�
<br /> =-='"-- �pmcy imoludin01.�n0�r�L�ndK 1�wah�n In�tl�utlon�.laa�der enaU ap p l y tlle funds top�y wid tuac�,a�Mmm b�
<br /> �nsw�naePnmlunn�ndqrou�dnnb.l.�nd�rnui notch�up�tortotea�ktlnp�hq�Ipmlyinglh�Fund�,�uwhlsinpWd�ccoun
<br /> ,;�,,,� � orvrtilyfnp�ndoomp111npN10apMtm�nh�nd uMNSLeoder�u nwBorrowerintereston�Fund�und�ooMo�bbhw
<br /> �erm�a�..na�ram��wo�+�ahup�.Bonow�rand maypg�raes� f�n�stthedmsM�x�cutio�dtl�D�lofTrud
<br /> _=+�r��:.� that�M�ren on th�Fund��hall b�p�ld to BortowK.�nd unlat su��h a�r�a m i nt�a maqs or app�{�I�w woli
<br />`:�. �nnrut to b�WId pI.��n�dK�hdl no!b�nqui n d to p�y B o R OwK aTy Interest or eet�n in�op ri�a F w n d s.L�n d w�a�i� � —�
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<br /> .� whiROChiaahdibitbtMNFu��was��ThiRuod�iaPl��dps�dasarldiva�naaAe��iryfortth�swmii�sauadb�jr�otr
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<br /> Jft`:xi,• � , �,4':. , T�utt .
<br /> -,-,,4.v:, . � ` :. If th�emount ot tlf�funds hNd by L�nd�►.toONh�r with 1h�fufure monihiy installmems o1 Fuodi PsY�P�1o�IMdu�
<br /> ' 'f,; :�..• ,.•,,�� datq of t�xM.�q�Mn�nl�.lnwruia�P�mlunu�nd pround rems,ahall ex�eed th e amouM raqufred 90 p�y s��o 1�iw,
<br /> ,,, � a aaqfm�nq,mwranc�pr�roluna�ndpround��nb u th�1r hll du�e,auch ex�oasa ahaU be,�t Rorrowk's option,MII�
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<br /> ,�,;„ 6„�� prompqy r�o�ld 1p gprrowM or ondil�d�0 8orrow�r on monthh I�simtlm�1a o1 Funds.li 1fis aunl of th�Fund�hMd br --
<br /> ��,� � � : L�ndv�nalinolb�wfflol�Mbp�yWtM.u�Mtn�ts.Insaane�p�emiums;pndgroundreM�as Iallduw8o�ro+�M�p
<br /> --. s�:�•�... .... �_: 'r pay to L�ndM��NnouM McNS�N to mak�up tht d�fld�ncy wil��n 30 daY��rom the date rtoticr Is mail�d by l��la rae
<br /> �� Esorrow�r r�lua p�ym�nt fh�r�ol. �-..-
<br />:� ; �' :' ' •� Uponp��rm�tlntullofallwmst�oundbythl�OMdofTru�f.L�ntlerahellpramptlyrslund�8onow�r�nyFund�heldby
<br /> -;;:, . .� Lend�r.Ifundup�r�phl9h�raofth�Prop�Ay bwtdorth�Prop�►1y Isatherwiaaacqu�radbyl.ends►,L�nderahallepW�r. ,,,
<br /> � ' nol�brtn�nlmm�dl� pNortoth�f�I�offh�P►op�rtyorib• uisit��nbyLender,ana�undsMldbyLender�tthedmsol ��-,-:
<br /> ;,��. ; • .::,:' �pp�Icaaon u a endit aqdn�t th�wm�waur�d by thl�Dwd ot�rust �•-
<br /> � �'' 3. ApplkaMo�d�a1�M�.Ual�u�ppMaabl�I�w providw othorwiae,all paymenta reoaired by Lenda►underths Note
<br />,,�i,, � � and p�rapnphs 1 and�hK �hall b��pplbd by I.�nd�r qrat in paymeni of amovnm;payable to I.�nder by 8orco+?ver undar
<br /> :�,; • � -� pan0►aPhZh�nol,lMnloinb►ytp�yabl�onth�Not�,Ih�ntolMprinaipaJatiheNote,andthentoi�terost�ndprmaipalon =
<br />-.::;. ..,� ., „ any Futun Advanc�a.
<br />_ � . �� Cb�ry�i�1�.8otrowKS�I1p�y�1lf�tM.�s�M�Mnbmdotherc�argea,li�raesandimpositlo►�sallributablatothe
<br />�''�,��;>.. ° ° • Prop�Ay whloh mnr�1Wn�orialt�Ov�►thl�ONd of Truq,�nd IMa�hokJ paymems or g,aund renb,il amr.In ths m�nna
<br /> �.4,s: , ' . � p�ovld�d und�r-1 Z 11�01 or,N not pdd In woh m�nn�r.by 8o�ower making paymen�,when d�,direoqy b the
<br /> payM th�not.6�iha�l mpdy lumi�h to L�nWr�II nodca of amounta due under thls paragrapt►.snd in 1h��vsnt
<br /> .�,,`����� ,., . '. Borrow�r�h�ll mak� dlnotly.BonowK N�N pp�r fuml�h to lendsr vecelpb evklancin�wch p��nts.
<br /> :. g���� diaoh�►g�any Il�n whlch hu p�owr tMs DMd o17PUa��or�ovided,that Bo►rower shaFl awt b�
<br /> ��:��• �` �"�t°i+'�'?;";'�''`. requirWtodl�c � wohll�niolonpu8orrowM�NpnNnwHUnptottiepaymere�t�ollheobligadon�ecured�ywcn -
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<br /> :.,.;;;� t.:';'�:,:;��'�:):t';'�' '� � Iten in a m�nn�r�c eo L�ndx.or�h�N Ir qood hfth cona�t�uch Ii�by.ar dellara��ntorcen:anl 01 such 1 ien in,Ipal �
<br />`,'�,,'.�' 1�;'r`-.,::..,-�`<<i,t'`"� "� procNdlnp�whioh opKaM to prw�nt th�N11ora�nl�nt of tM INn or bANturo of the Propery Or�ny parl thereof.
<br /> ;�,.+.:. �.'.ti�.r,:{a;;�i�i�.:i;:,��%i+�{}.!;.� 6. NWIA IMYfM10�.BOROW�I�h11N kNpfh�Improv�m�nbnow�xiainp or hereatte�erect�ct an the PrapeAylmwed
<br /> •� � + ;;�' , ;;.�n. a��Mn loa by Nn,hw►da includ�d wllhln th�brm'�Rt�nd�d oov�and such other haxern9 as Lentf�r may roquire
<br /> � � . •��.��",,�,�� r �•' � and in�uch�mounts 1md lor wah p�riod�a�L�ndK m�y nquln•provl lhet Lende�ehall not Pe vire that fhe amount of �--
<br /> :_.ti ,.�,:� • 1 .,.��t,:;%;r,;.�;: .
<br /> :!;'!J .,' �r`�1�p-�\,0+,ti�r�iie��'� SUC�1 COY�1�Q�OXCMd 1��P"OUfl�0}COVN�O�f�qU�hd�0 p/�iljl�WRIi��CUfAf�b1y t�hiS 068d 01 fUBL -..--
<br /> Thl�in�uane�c�rti�►prov�dlnq�h�in�urane��hallb�aho�nblr8o►rowK�ub�eo�ltaapprovalby Lender,p►ovidsd,tlwt
<br />_-,'' ,+' � such approval shall not b�unrwsonably wlthhNd.All pr�mlumo on�nwrancs policlea snall bepaId in the mannar provided
<br />_- ' ' " " � undsr pan�nph 2 h�nof or,if not paid In suoh mum�r,by 8o►row�r m�kMp paymenl,when due,direcdy to the Inturance �_'
<br /> ���� � • jkL;
<br />`�5�;:�." � �r•�--������ ��'`''�� c�All Insuranc�potlaiM and answNs dl�nof d1Nl b�In lotm�ac�pt�bN to Lsnde and stwU includa a atand�rd morlpa�e •
<br />-:;�,5� ; - - elaua�inhvorofandinformacwpe�bl�tol.�nd�r.l�nd�rsh�llhw�th�n0httoholdthepolloieaandrenewabthersorand
<br />',�,,�,• ; Bor►ower�h�llprompdyfuml�htol.and�reUr�nswd�odaamd�U��cdptsofpaidprem�uma.lntheevemoftoss.8ortowe►
<br /> ehW9lvepromptnodcstotheinsunna�o��Mr#ndL�nd�.Lsnd�rm�ym�k�prooloalo�silnotmadep�omptlyby8orrower.
<br /> , Unlesa Lender�nd Bortow�r otherwl�s�prN fn w►Idnp,lnwnnc�p►xMdtshall be applledto reatoredon or repalr of ths
<br /> ; , P.operry dem�qed,provld�d�uah rostoradon or►�psfr Is�cononNOallr f�a�ibls and the a�curiry of tfila Oeed of Trust ie not
<br /> thereby impairod.ll such�estontlon or apalr is not�aonomloally fu�lbl�or if the securiry o1 this Dasd ot Trust would be
<br /> . ;; .;: .. ' impe�fr�d.tha i�suranc�ProaMds�hNl b��ppll�d to tM wm�wour�d by thl�Deed of Truai with ihe exceaa,H any,Wdd to
<br /> T, � � �. � Bor►owsr.If the PrapsAy 1�pb�ndaned by Borrow�r,or if 8orrowv fall�to reepond to I.ender withln 30 daya hom tne dete
<br /> ' ".�t�s�; �,�:;•,.,.;;,, � nodce is mafled by Lende to BoROwK tN�t th�Inw►anc�c�rh�r offsn to astde a clalm for inaurance ben811b.Lend�r ia
<br /> , . ; ,�J .,, i
<br /> �'; >': y :::•"�7he'•.:';� ,:f�,. authorfzed to eollect and apply ths Insunnc�proeMeb�t L�nWr'f opqon�ith�r to re�toration o►repeir ot the Pro�erty or to .
<br /> �i�;�:� ��•-•�• �•,. the sums aecurad by this D�ed of Trutt ��
<br /> `�'` �� " ���•'��'-�'-'�'"''��;�+• UnlsasLenderand8orrow�roth�rwlNaprNinwrldnp,anywchapplfcetlonofproceedatoprincipelehal�notext9ndor t ,'�:
<br /> '7-'�;;n':v�,,;•�•• ':•„- ��,.�._.
<br /> ";u ��•,:• :���,��• ..,��,,:•.ti:',;; � . poatpons the dus date of ths monthly intfallnNnb►d�n�d to m puap►aphe 1 and 2 hereot or change ihe amount ol iuch
<br /> ��"'��',;,+.� ,��;' � ,,;';`_1�,:�),':.;,:�.• �neta��menta.II under puap►aph 18 Mnof fh�PropKty b aCqwr�d by L�nder,all�fgh�tide entl intereet ol8orrower In end to �
<br /> anyfneurancepolici�s�ndin�ntltoth�procNdsfh�r�ofnaultlnqhomdamapetothsPropartypnprtolhesaleorac�ubitlon �.!;��-'
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<br /> • � `'�+,�;'�::�.:,�•,�,,.;:; shdl paes to Lender to ths sxbnt of th��ums s�cur�d by thl�ONd at Truat knmedfateiy prlo�to auch eale or acqu siNon. •
<br /> � •�.�•'••.��:::.��: •�'.,.''..' e. Prn�nallonandMNnt�n�no�MPropel�riL��NiCondon�una;Pl�nn�dUeMOewb�nq.8orrowerehsll 4 ���
<br /> � � '. "�� ',;;';�•.��:�:�,,:��� keep the Propeny in qood ropslr end shdl not comm�t w�u�or p�rmrt Imp�Irmsnt of deterloretlon o 11 he Properly and ahall ;�;,, �
<br /> -Y � � ' �" °��i;• comply wfththeprovlsiomofany�eapilthls0��dotTrost��on�I��s�hoW.Ifthls0eedofTruatiaonaunitinac�ndominium ,
<br /> ;;�;�,''`�'�,�,`.',",'��, ' �`� •1 or a pfennetl und devNopment,8orrow�r th�ll pMorm �11 of Borrow�r's obllpstiona undar the deClaration or Covenants
<br /> � ' '�' ' ' � �'�''�'� creating or govermnq the condomirnum or p1�nnW uMt dwNopm�nt,th�by-Ipwt end reyuledona oi the condominium or '
<br /> :.:;n�.•., � •�:�, :,�„•�-,�>
<br /> � i' . '�:,� • � ' i' plannetl unit developm�ot end conetftuant doeum�nq.ll�condom�MUm or pl�nned unit dsvelopmeot nder Is excuted by ,
<br /> • i`:�'.;'.:�;�:'��:.�..•:'��''%'���� Eorrower end recaded tege�her wuh thle[�eeA of Tr��e�,the eAVen�na�nd�g rsementsof such rider ahell be Incorporated �
<br /> '' �:��� ;�:'����•;•';:' ' '�' into and shell amend and�upplement th�cown�na�nd aprNm�nq ot thls Wed of Trust a�If the►ider were a pan hereof.
<br /> ,,•.:'.••_,.,:�::'r'.
<br />' * • �.,: •,:,:,•:::.;.;!, ' 7. Prot�eNNon ot L�n�Nr's S�wih►.11 Borrow�r 1��1�ro p�roann th�cownmb�nd apreemsnb coniained In this Deed of .
<br /> •_; •s.�„r,�..;;.;.•.,: , Trusf.or if any acuon or proeeedinq is aomm�nerd wllh nuqrl�lly�M�eb L�nd�r's Interest In ths Property.includi�g but not ,_
<br />::�i r�..,,.` ;�:�;�.,; , Iimltedto.emineMdomein.ineolveney.cod��nforeNn�nf.orarnnp�m�nttorproCeedinpsmvolvinga6enkruptordecedent � .
<br /> �_+. : �,� �, ,. . , � • then Lender et Lentler'd opdon,upon node�to BOrrow�r,m��m�k�wah appunncs�,disbuns such aume end take euch j,,
<br /> , � � •'.;;�;�;;'!;'��,;;,;'':�t� entry�uPon t h e P ope ry i't y t omk i s P�s.I f L i n d e r�uu�d m o r tpi p ilm n w r i�c i s i ac�o ndit f o n o f in e k i n g t hel°o r e n s e c r u e de b y �'�
<br />° :�#�. , ,� .,.;•,•,,�• ';' the Deed ot TrusR Bonower ehsll pey the premwm�requlr�d M m�Mhin�uah Ineurance in eHect unU1 auch tlme es the
<br />'•` . ; `!• ;,j,;;';,�;;�,;:;., •• requirementtoreuohlnwrenostsrminetnm�aaordena�wnh8onowo'��ndL�ndsr'ewnflenapreementoraAplic�lbelaw. i
<br />�'� {�� .�• � ��'" � Borrower ehell psy ths emount ot ell mortp�p��nwnno�p�mwms�n th�nunn�r prov�d�d undir p�raqraph 2 horeoL �
<br />;,.�..:� ' ''���;''��,.'..:,,,'��.G'•,°;, :
<br /> ,,,, , , An emounb dlsbunsd by Landsr punu�nt to thi� p�npnph 7, wilh inbrs�t thsreon, shoN become addlUonal '
<br /> ���I�.•� �. l��'.;.. ,it,..,,,.��,,,� �.tY
<br />_;;«,;��.. ,4�;, �;,•.:��•,�_, , ,,. indebednesdolBorrowerseouredbythlt4NtfotTru�l.Unlh�Borrow�r�ndL�nd�r�q�eetoothertsrmsofpayme��auCh ',�.
<br /> .�:. l..�F. �,.: ...........•��ti�ll�u��vwMlw uuen nenn�Irom l.�nd�r to 9nrre�rr r�euWlne e��nf�nf hn�nt;�nd�hall lf�ar�Mara�N hem the '.
<br /> ���,_ • � .. ..
<br /> �• �.,� � �?�1, ' `R��}�'i ; date of disburoement atths iate payable lrom tlm�to um�on ouutandinp pnna(pal undirthe Note unlees payment o1lMeroat �,,".
<br /> •! r , at euch ret�woWd be aontnry to appllaabl� I�w.In whlCh �v�nt�u0h�mounn ah�ll bwr Inter��t at the hfghest rate
<br /> � . ,,,,l�,j perml�sibleund�r�pplfcabl�I�w.Nothlnpcont�ln�0�ntn��p�nqnyh��hallrpuinL�nd�rMlncuranyexpsnaeortakeany
<br /> � �`���, •�:i�' � aCUonheround��.
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<br /> �- ..,�.-_.;;..r B. imp�oifon.Lurid�r m�y ma�k�or caus�to W m�da���wn�biw�nt►�M upon�nd�nsp�tiOnY ol litb i�rope�iy Provlded
<br /> � �• � thatLend�r�hallqlvs8orrowenonc�prwrto�ny�uchin�pratwn�p�o�ly�nprM�on�bl�c�uNthenfcnreletetlfoLentler'a
<br /> '•�.t�;
<br />, �� , � �:,s inMn�t in th�Prop�rty.
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