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<br /> Uf�IFORM COVEWINTB.OonowN�nd L�ndrr ao�na►1�nd prN u IoAowr.
<br /> , L �IwnMl M NI��Md M/Is1�nM.donOwM�II prOmpll�I p�U wh�n dw Ih�prfncfpai.ot rnd miwni 6�i tiw `°T_
<br /> — -- - -- - Ifl�flK�NbM10�4�OMNOM� �f1O1�M011�fOMp�1fOr1�QIfItfMt�01/.a11��p�a1G�H1N�QIt11M�uii
<br /> any Fulura Adv�r�cM Mourod by qM a r�uu.
<br /> ' �. RwM�IrTaM�/ ��b1�ot bapp1ro�bl�l�wab�w�IM�nw�*IvMbYL�ndK.Bonow�►�haIlWYtoL�nd�►
<br /> • onth�d�ymonthlytn�ll�Nn�bof nalpal�ndlntirMl�np�►nbNund�rfA�NON,unnllh�NoNi�W�ldinfull,�w1n(h�r n
<br /> "Fund�"1 oquW to on�-twat of e ywhy qx�s Rnd aueumsnb which m�y alnln prlorlry owr thl�DMd ot Trus1.�nd �. _
<br /> ��. �raundnnbum i�n P ts��lo�r��rq���Wpq�� hw�naaa 1 anyyil�iuml�Nn�I�•qm�itb n+ fNi11Y ied ho�inuNrt i b Mmi bY
<br /> '.=—'. . �on IM hafb��IM�ndblll�afd n�wn�tiN�sNln�lls th�►�ol.
<br /> � � : �'�� Th�Funds�fullb�hNdl �nlnWtutlonl�d�poslua�coounbofwhbbanimur�dorpuuantNd.byaF�d�alordab
<br /> °_�! ��� a�na�(lncludinp I.�nd�r�l.�nd�r 1�woh�n inttiWdon►.I.�nd�r�II�pplY th�funds b My wld taxp,��a
<br /> �. , �,�;p,; °i� �mur�ncspnmlurtu�ndpround��nb.L�ndemaY nolah�rq�fawhotdln0 andapplylnOq�Fund�,an�y►i�^Os�d�°Un�
<br /> �� ,, �,+ ':�•.:� orwrilylnpandcompllinpwldastasm�nb�ndbllls unlss�L�nWrp�f►s�onowerint�nstondwFunds�nd�pll .caW�l�w
<br /> p�mi��.r�om.ic.wchaor�arp..eorrowKand t«w.rm.yao►«lnwriHnp�Nh�dm�ot�x�cuNonofihi�[�bolTru�l
<br />—:_-�; �q ��!� th�t I�tsrat on th�Fund�shall b�p�b W BonowK.md unNss wch a�a�a�nt is med�w a calb�1aw r uira weh -
<br /> �,����[���`''-'"- IM�ryt to b�p�id,L�ndK th�U�01 b�nqulnd to ps�8orrowsr anr Interat a e�minps on th��u�ds.lend�r�ll qlv�to
<br /> � � ��Y ,• 9onower,withuut aharQ�,am m�wl�ccounNnp of M�Fundt showinp cn� dlb and d�6i1s to ttN Fun4s and the�!�for —
<br /> whioh��ab d�bittodt�Funds wa�m�d�.Ths Funds ar�p l�d p�d iu o d d f doM��scu M l i b r t M s u m s N c w e d b y°"'�a
<br /> .y ILs�•:a�;.�::•,� -.. � ;:" Tru�t.
<br /> - .Y�-.f�'r:�r�S.'Sr.'.`•.�sraoi�r.� If the�mouM ot fhs lunds held b LendW. wteh tM future mon l h l i ns t�l k r i e n b o f Fu n d s p�y a b l e p r J o r b t M d u s _
<br />� ';��°. � - .. . . detes of tuce�,e��estmmb�inwrmce pnrt��u��arM qrowid nnb�,sh�N e.os�d the�mount aquired to p�r wid Wca. ��
<br /> � asf�slmmb,Insuduias pr�miurra and prouncl m�b as the fAll due, such�xce�s ahall be,at 8or�owsr's optlon,Nthu -
<br /> '"•�, •' ,'.�,�' promptly repsId to 8orrow�r ar cndihd to 8onow�on mon�hly Inst�llme�b of Fundf.It th�eimaunt ot th�Funds hNd by ----
<br /> . .� � .r�. L� ,.:.' LendirshollnolbeiufHalenitoPoYtaxa.a�ts.insur�riceP�iumsand9 round�entnasthayfalldus.8oaow�rshdl �`:>=
<br /> ' { pa y to Lender eny amount nec�st�y b mak�up the d�flciency wiN�Y►30 dayt i�am ths d�ls notk�is m�il�d Oy l�ndst to
<br /> � � Borrower requeadng psyment Mareof. �,.E,;.
<br /> �I`� '�7 '� � UponpaymehtlnfullohllsumsascuredbythisDeedolT�w�lenderah1�11promptlyrefundWBor�aweranyFund�heldbY
<br /> � �� � ' Lender.lfunderpe►epraphl6h�reofthePro�e�y IasotdortheP�ape�ty isotherwieeacquirsdbyLender,lender�hallapply. H�,_
<br /> . ,' - . �.�;7 nol�telhmimmedl�aiypriortothesal�olthaP�opsAyo�lb�cqulsitfonbyLmdar.andPundsheldbyle�der�tth�Nmeat
<br /> � ��'� �.�:�t applicadon es a credit apainst the sums securod Dy ihls Oeod of Trus� ���°
<br /> ��,I��;�� • 3. AppN�Nlon ol Pq�M�.Unlssaapplicable law provides otherwiae,all paymenb�eceived by lender under the Note �!�°��
<br /> "' ' and p�raa►aphe 1 end�hs►w1 sh�ll D�applfed by Lender iirst in psyment of emouMS payabb to Lender by Bonower undsr �j,,;,
<br /> . � ' • . pamprapn2hersof,thenloinbnstpayabl�onlh�NoN.thentoth�p�lncipaloltheNote.a�dthentoinMre�t�ndpri�clpalon �ti:;,,
<br /> �C'•�•�.
<br /> �' any Futuro Advances. �.,"
<br /> ���..;�''��'� �. CAM�;1.1�.8onowe►setuNlp�1r alllaxea.aeesesments�ndothercheryea,flnesandimpoaitionsaiMbutaMetothe �s��'�'`
<br /> ;�;:`:� ' '. � � Properly which rn�y atqin a a�forlly ow►this Deed ol T►usR end IasNaald paymer►ri or�round�ents,if any,in the menner '�_'°'
<br /> ��t���•`��' {uovided under panyraph Z fi�►Ni or,if not pliid in wch m�nnsr,by 9orrower maklnp p�ymenR when due,directty ro the �+' -
<br /> ��•'ti� � � •.!.,: • yee tlwraot.8oaow�r�hall omptly fumlah to Lender all noticea ot amounfa due unde►lhis ersgreph,and In the event
<br /> ,•�,. . .. P ��;':
<br /> •-�;':�.: �.- - -_--- �y��y �e�y�n��}�cqY.�onnwa shdl Qrumpdy lumish to Lender�ecalpts evid�nciny auch Wyrt►��le, —
<br /> �'�`.1 � `������•'� Borrower shall prOmptl�l dlschsrqe any I�en which haa pdo►iry over this Oesd of T�us�provided,that eonow�►�hsH not bs
<br /> reqW�edtodiacha►ysanysuchlleneolagaa8ortawaahalla�reeinw�itinptothepsymentoftheoblipadonseeuredbYsueh
<br /> • � lien in s manner accepfeble to Lender,a shatl in good lalih contesl such Ilen by,or dsfend enforcement ot such Ilen in,le��l
<br /> , , procwdinys which opsrate to prevent the entorcement af the lien or brfeitwe oi ths Property or any part thOreo�• Y__
<br /> � 6. H�sa►d Inwr�llw.Bonower ahell keep the Improvements now exleti�p or hsreaMer erected on the PropeRy Ineu�ed _
<br /> • agefnn losa by fire,hszards Included wlthin the term"extended aovereqe",end auch other he=srds as Lender may requlre _,.
<br /> and fn such amounts and fot auch perloda as Lender mey requlre•provided,fhat Lender shall not reqwre that th��mcunt of —._
<br /> suah coverep�excesd that amount of coverepe requlred to pay t�e sume seaured by this Dsed of Trust "-""
<br /> � , Thls ineu�nee carriar provldinp thelneureoceshaN be choaen by BoROwer aubjeetto approval by Lender:provided,thet � -�
<br /> ,� auah approval shall not be unroaeonably withheld.All pnmwms on in�urance pollafes shall be p�ld in the m�nn�r provld�d
<br /> . undsr para�nph 2 hQreof or,If not pald in such menner,by Borrowsrm�kfny paym�n�wh�n du�.diactly to Ih�inwnnc� k -�
<br /> ��s� �A/lnsurance policies and renewels thereol ah411 be m iorm ecceptsbk to Lender and shsll include e atandard moAOape �' �
<br /> ,�' olause in lavorof end in form accaptable to Lender.:.ender ahell heve thenphtto hold the policles end�snewals tMraof and
<br /> � Borrower ehall promptly fu►msh to Lender ell renewel noticesend aq receipta of paid premiuma.In the went of bu.Bonowar
<br /> • ' � , , � shallglvepromptnoUaetotheinsurencecernerandLender.Lendsrm�ymekeproofofloasitnotmadepromptlyby8arower.
<br /> j � UnleseLenderand9orrowarotherwiseagreemwrlling,inauranceproceedaahallbeapaisdtorestorahonorrepaftotthe
<br /> � . Property dameged,provlded auah restoratfon or repau ia economicaAy fe�sfble and�he sacuny of this Oeed o1 Tru�t fs not i
<br /> •� thereby fmpalted.lf auch restoretlon or�epair ia not economically feasibls or It the secuny ol this Deed of truit would be ,
<br /> '' impaired,the Insurenae proceeda ahall be appl+ed to Ihe suma aecured by thia Deed of Trus4 with the exr,esa,if any,pefd to
<br /> � Borrower.lf the properiy Is abandoned Dy Borrower,o�il Borrower leils fo reepond lo Lerder wlthin 30 daya hom fhe date I
<br /> � notice ia meiled by Lender to Borrowet that the insurance cerrier ottera lo seltle a cla�m for�nsurance benefita,Lender�s �
<br /> aulhorized to collect and epply the insurarce praceeds at lender's opt�on either to restorahon or repav of the Property or to
<br /> ,��• the aums aecured by thls Deed ot Truat
<br /> �•, ' •�� Unleee�ender and Borrower otherw�se agree�n wrding,any suCh eppl�caUOn of proCeeds to pnnc�pal shell not extend o�
<br /> � `�� poatpone the due dete of the monthly installmenls relerred to�n paragraphs t and 2 hereot or change the amaunt of such
<br /> �•'� '-' �� � °. inatellments.U u�der peregraph 18 hereof the PropeAy is acquired by Lender,all right.Utle and mferest ol Borrower m end to i
<br /> '` , '� ;r:• anyfneurancepoNcfeaendfnendtothep►xeedsthereolreaultinghomdamagetothePropertyprlortothesaleoracquiaition
<br /> � � „ shell pass to Lender to the extent of the sums securetl by this Deed ol Truat immed�ately pnor to such sele or acqwaition.
<br /> �, � 8. Pr��tlon and IMalnUnanc�W Prop�rty;L��ahotdr,Condominlunn;Pl�nmd Unll D�vNopm�nb.Borrower shali
<br /> : ti:•• keep the Property In gaod repau and shall not commit waate or permit imp anment of detenarat�on o tt he Property and ahall
<br /> '` � : � comply wdh the provisiona of any lease i11hls Deed of Trust�s on e leasehold.Il lhis Deed of Truat is on a urnt in econdominium
<br /> or a planned u�it development,Borrower shall pe►form all of Borrower's obllgaUOns under the declaration or covenanb
<br /> � creetlng or governing the condomfnfum or plenned umt development the bylaws anA regulations of the condominfum or
<br /> � ; � ptenned unit devebpmenf,and constltuent documents.H a condommlum or planned unit development nder is excuted by �
<br /> � Borrower and recotded together wrth this Deed ot Trust,the covenents and agreements of such rlder ahall be incorporated
<br /> into and shall amend and supplement the tovenents and egreementa of this 6eed of Trust es d the rlder were a peR hereot
<br /> ' +t 7. Prof�ctlon ol L�ndK's S�curity.If Borrower feds to pertorm the covenants and agreements conteMed fn thia Deed ot
<br /> . Trust,or If any actWn or proceeding is commenced with matenally aflects Lender's inte►est fn the Properry.�ncluding but not
<br /> ; limlted to,eminentdomem,inaolvency,code entorcement,or arrangements or proceedings mvolving a bankrupt or decedent.
<br /> � ; fhen Lender at Lender's optfon.upon not�ce to Borruwer,may make such appearances,d�sburse such sums and take such
<br /> eCUOnesfanecesaerytoproteCtLendersinterest,includmg,butnotlirndedto,disbursementofreasonableaftorney'a(eeaand
<br /> entry upo�n fhe Propertyto make repaua.If lender reqwred mortgage msurance as a condiUOn of making Ihe loen aecured by
<br /> � � the Deed of Trust Borrower shall pay the premmms required to mamtam such insurance in eHect until such tlme es the
<br /> ',�. requirement tor such Insurence term�netes�n eccordance w�th Borrower'sand Lcender's wr�tten agreement or appI�Celbe law
<br /> • � 8orcower ahall pey the amount ot all moNgage msurance permwms in the manner prowded undsr pa►agraph 2 hereol.
<br /> ' �.� _ � Any emounta dfsbursed by Lender purauent to th�s Peragraph_7,,w�th intArest thereon, shell become addltlonal
<br /> �
<br /> ^--..-'::���'�:. w`e..��.r.....�n n�tin.e.rmn nf eayment.sueh
<br /> ---_ ,^__,. . . _ . maeaaaneasu�iwiwwo�ao6u:u�.`vr���:o.+s,w..� . ..,��...:..... . .. .... �•--•-
<br /> • � emounta ahell be payeble upon not�ce Irom Lender to 6orrower requeatmg payment hereol,and sfiell bear interest from the
<br /> dateofdlsbu�sementettheratepayabletromtimetoUmeonoutstandmgpr�napalunderlheNoteunlesspaymentoffnterest
<br /> }�. , at such rete would be contrary to appliceble law,in wh�ch event such amounts shall bear �nterest at the highest rate
<br /> . , � permisslble under epplicable law.NothMg contained in this paragraph 7 shall requue Lentler to incur any expense or take any
<br /> action hereunder.
<br /> � :1� 8.Imp�cUon.Lender mey make or cause to be made reasonable entnea upon end i�specdons ot Ihe Property.provided
<br /> _ � `�1 that Lender shall qive 8orrower nodce pnar to any such inspecUon specdying ieasonable cause Iherefore rei�te!d lo lender's
<br /> � :` ;:. ' ' { interest in the Property.
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