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<br /> � UNIFORM GQVGMANTS.Battawor ond l.c�ndar covon�nl[�nd�praa n�follawo: i
<br />-- � -_--—.°-- !. P�;m�►1�1 Rd��sipal�pd taUtad. Burrv�vor sh�l)promptiy pny ��han dua thv flrincl{�nl at and Interea!on Iho ---: -- --_ �
<br /> � indobtiidnoa�ovtdoncud by tho Noto,pro,ppymaM an�intfl ch�rpt�;,�n provideJ 1n ti��fJ�4.�,andth;.prtn�fpat nf�ndlnter��len �- --
<br /> ,tny Futut4 AJticlitCe3 E�GUret!�y Ihn�e�d ol Trun1. �
<br /> �. Fund�9orTwx�psnd I�luranco.Sub ac110 applicnblo low or to a wriitan waivor by I.ondor,Bafrc��Y�F Bhflti p8y t3 L8nt38i
<br /> on It►o clny m�anihly Inntnllmants oip rincipn�and intaraaln�o pnynhic�undur tho Nota,unt111hc�Noto Is pnid In full,n sum(hnruln � •
<br /> "Funda")aqua!to ono•twolNh ol thu yotsrly texas and�t�flaasmanta whlcli n�ny ettain prit►tlry ovur thle Llaad ol T�usl,�md �
<br /> prnund ronts on Iho Proparty.II�ny,plim ona-twalHh olyt�arly p�nmlum InatoUmonts for hntard Inauranco,ptus ono-twotfth o1 ti
<br /> yQprly prurnlum InstallmontA far mortpapo Inauranco,it any,nll ns raasonatily ostim�tod Inllinlly and trom tlmo ta tlmn by
<br /> Londer on thu bASle o1 ctnsossmant�nnd bllta nnd tenaonnblu ostimntos Ihoraol. �
<br /> 'fha Funds shall ba hold In nn In9titutlon thodopaa�ta o►nacount9 0l whlch arA Inaurad or�uerantend,by�Fodarel o►atato
<br /> nfloncy(Includlnp l.flndar N lonclor Is auch �n inntltutian).(.ondc�r ahnll nppl}tho lunda ta pny nnld tpxo9,flsaossmonln,
<br /> Insurnnca prem�uma nnriaro��nd rAn1e L�ndc��mAV nat chnrpo tor eo holdinp nnd applylnp th�Fundo,nnalyxing snld acaount
<br /> or vo�Ityii�q ot►d aamplllnp snid c�sscssmonts and blll�unlpas LanAar pays Eiorrativur inia�tlai an tha{'und3 NnJ;. pltcabla inr:
<br /> parmlt�l.ondortomnkeauchACh�e��.8orroworand�.ondormnyagrc�olnwriting�tthodma�oft�xoautianolthl8�ndolT�us1 �
<br /> lhal int�rast an tha�unda ehttll ba pald to Hotrowor,t�nd unlaas ouch aproamant la mndo ar appIlaaipo Inw requlroa such
<br /> Iniorosl to b�pa1d,l.Qndor ahull not bc►requlrad tn pny Botrowor nny i�tarost,or onrnin{�e on tho Fund�.I.endu�ahall{�Ivo to
<br /> 8orrower,withoul charg�o,an Annuml Accountin�n1 iha Funds ahowinfl crodda and clabita to tho Funds und tho putposa tor
<br /> whlch c��ch dabll to the Funda wna mado.Tht��unda aro pludflnd oe addltia�nl sacurity lor the euma aacured by thl�Oood of .
<br /> Yrus1.
<br /> It the�mpunl 01 tho lunds held t�y Londor,topothor�vith tho futur5 monthty instnllments ot Funds payt+bto prlor ta tho dt�o
<br /> dt�tos ollnxas �n.�t�ssments,insi�rnncc�premlums and pround re�nts.shall oxca�d the[�mount raquired to p:iy et�ld taxos.
<br /> n3sassm�nta,lnsurence premlumq and flra�md�onls t�s th�y lall due,such c�xceas sht�ll bfl,at Botro�ver's oytion,Qithor
<br /> promptly repald ta Borrower or c�c�ditad to 6orcowor an monthiy inst�llmora:a u1�unds.If the amount of tho Funda hvld by
<br /> l.ondorahell�olbvsuNlCianitopAytaxda,flAS499mants,insurnncepr�mlumsc�nc9 groundrantsastheyfallduo.Barrowershatl
<br /> . pAy tp lendot any amaunt necessarY to mttke t�p tho daliclonay within 30 days irom the dc�ta notico Is malted by Lender to ,
<br /> � Horrowar�equesUnq p�ymont tht�reol.
<br /> Upon payment in tull pl�II Aums securetl by Ihfa Dead alTrusL Lender shall pramptly�efund W Borrawe�any Funda held by
<br /> � Lencler.H undor pt►rac�r�ph 10 ht�roc�llho Propo�Is sold orthe Nroperiv is otherwise acqu�rnd Oy LendE�r,Lendor ehall appiy
<br /> � nolE�tOrthpnlmmodiflt0lypriortotheai�lc�ottho ropartyarftaac ulsitfonbyLender,AndFundahotabyLt�nderatthelimoo�
<br /> appUcation c�9 n cred)t apainst the sums soctire�by thls Dosd ol�rust. �
<br /> i 9. Appllaation ol Paymente.U�loss applicabl<�law provtdc�s otherwisv.t��l pflymonte rocowed by Lendor unde►the Note
<br /> and parflflr�phn 1 nnd 2 hareof ehall bo AppUed Oy Lender liral In payment of�mounta payabie to Lender by 8arrower undot
<br /> pt�r�fl•�api�2 rieroof,thon to Interost payable an tho Noto,thon to the princip�l ot tho Noto,nnd then to;ntorp9l and princlpfll on
<br /> any Future Advencos.
<br /> � Q. Charpss;Llea�.Bur�owere shAll pay�11 taxes,asspsamenta and other chc�rac��,lines and impositlons Attributablo to iM=; �;
<br /> � PrppBrty which may Attaln t�prlari�ovor lhis Doed ol TruRt,and IoaSehold pAyments o�ground renta,if ctny,fn tho m�lta�f�r
<br /> providod undor paragrAph 2 haroa or,il nat paid in suah manner,by Borrowar m�klnp payment,when due,diroctiy tm 9hm ��
<br /> . . I Boirowerf shellBm�kp pANmoni diract y��oi owor sha�rpromptly fuQnish tu l�ndor ieceiptsAev�idpncl�A suoh payment�� ;•,.
<br /> f3oR�we�BltAll promptly dischtttpe Any iion which hAS pnori�y ovei tisis L��v`Tsii�t;ps�ui�eL�,!hR!�!►�inu,g�n�all not he ,
<br /> I On in 2�111Af1,11pi�ccoptable to LOn4 p I O�BhSllBl►lrg Pd teflh COntest suc�h Ilen by,opdoienu��in�rcem�ant of such Ilen Iny leflal
<br /> proce�dinga whicl�aperate to prti��•nnt tho o�lorcom�nt o}tho Ilon or forleiture al tho Pro�C��ry or any paN thoreot. .
<br /> 5, rii:��o inaiiiwav'v.a'vti:.��.:o�::��� !h8!mG.,,y�ma�e�r,nw nr�snno or horeAftor erocted an the Property Innured _
<br /> I against loas by fire,haznrda Includet!wNhln t�a larm"exlended covotpfle",tind auch other h8=ertle ae L�ncier mey raquire ;
<br /> and in auch�mounta and tor such penods ns l.��dt�r rnc�y require;providod,thal Lender ahnll not roqulro that the amount o1
<br /> such covor�pp oxcaod Ihet emounl 01 cavort��i�rtquirad to pny tho suma socurod by tl►fs Daod o}Ttust.
<br /> This Inoutanc�carrior pravidinp the insurance shnll be chc�aen by Borrower aubJecl to a�proval by Lender;prpvidod,that
<br /> such��proval sht�ll not be unroisan�bly withhold.All promiums.�n lnnurnnco palloles aha I bo pAld In tho mannar provldod
<br /> under(aarAgrt�ph 2 horeal or,it n�,9�aid in such mAnner,by 6arrp�ver mnklnQ paymanL when duo,dlreotly to the Inou�ance
<br /> Caf f IO►.
<br /> All Insurance policles and ronativals thereQt yhall bo in lorm accoptablo to Londor and shAll inoluda a atandard marlflnpe
<br /> clAUSe In lavor ot and in form Accaptabla to l.enn:��r.Londor shnll have tho right to hald ihe pallCiea and renewal9lhoreof�and
<br /> Barrower shall pranptly lurnlsh to Londor afl renewal noticas And nU racoipts o1 ppid premn�ma.In tho avc�M of loss.Borrowor
<br /> shall givo promp1 notlCe to the insuranCe CAr►Ipr and L�ndor.Landor mny mAku Vroot�..usa 11 not made promptly by Borrower.
<br /> � Unless Lender and Barrawor otherwiso agreo in�vriting,insurence pro���eds shflli P+r��;a�lied to restoratlon ar ropAlr otiho ,
<br /> , �.� � Proporty damaged,provlded suc'��estoratton or ropnir ia ecanomiaally IaA9lble and tna sqcurlry o}thia Oeed o}Trus1+s a�o1
<br /> thereby Impalred.11 such restorati•�n or ropAlr is not economicalty feasibto or i1 the secu7at�ut thia Deed af TruEt would I0�
<br /> Impaired,tF�e Insurtanca p�ocaeds shall ae appHed ta tho sum�secured by thls Docd of TrueL L�ith the oHCefl.q,N Any.pt�id Qo
<br /> � � 8or�ower.II the Pro�t�rty la abandoned by 8orrower,ar N Borrower lalls to raspond to l.ender within 3p dAy9lram the dAte
<br /> notic�le malled by'LVndor ta Bo�rawor thpt Ihe insurpnae carnar ofters to settie a clalm far Insurance 2�enafil9.Lendar i9
<br /> autfiorixod to col!ect;��d Apply tho insurnnr.e pracaeds al Lendo�'s��pUon aithor to iesturation or ropalr o99ho P�oparty or to
<br /> ihfl Sti1ma Secufed by thls Devd oi 1'rusL
<br /> Llnless l.ende�and 8orrotivor othorwl�e agreo In wrNinfl,�ny such appllcetion ol praceods to principal shAil not oxtand Or
<br /> oatpone the due dato 01 tho monthly inatallmenta rolorred to m pAragraphe 1 and 2 horeol or change tha amaunt oY suCh
<br /> PnstAllments.It undor parAgraph 18 horaof tho PtOparty is ncyuuod by Lnndar,All right,litle antl interest ot�arrowor in ATd to
<br /> anylnsurancepolicio9nndintfndtatheprocte�stheraotrosultingframdamagetotheProparrypnortothesalooracquisiUon
<br /> aholl pass to Lendvr to tha axtent a1 the sums s�CUrod by this Deed ot Trust immedlately pnor to such sa1�pr acqulsi:ion.
<br /> 6. Praservation and Malnlena�ca ot Property;Leasaholda;Condomintuma;Planned Uolt DevetopmmnYs.8orrowor shall
<br /> keep ihe Proparty in good rapair And shall nol commit wasto or permit impAirment ot datorioration of ihe Property and.9hall
<br /> comply with tho provislans ot any ivasc�il this Deed cl7rustis on a lo�sahald.It this QAed ot Truat is on a unll in a condomi�ium
<br />� ur a plannod unil developmoM, Borrower shAll peMarm fll! ol�lorrower's oblic�nhons undor the declaratlon or covonants
<br /> } creating or governing the condominwm or plas�n�d unn dc+v�lopmont,the by•Inws nnd regul�tionp ot ihv condominium or
<br /> planned unit develapment,and constituent dm�uments.II Fl cond�minlum ar planned unit dovolo�ment rider Is excuted by
<br /> 8o►foWer and reco�d3d tOpethar wlth ihls Reed o4 Trus1.lha covenante nnd t�graemants o1 such r der shal!ba incorparated
<br /> into and�hall amend and�upplemenllho cove��anls and ac�reomonts ol th�s Qaed ol Trust as il tl�o nder w�:re a paA he�eof.
<br /> 7. Proleotlon o1 Lendor'o Secu►Ity.II Borrower tails to pertorm 1►ie Cavennnis and Agreumonta Contd�►�ed in thls Deed Of
<br /> i rust,or if any ection or procaeQi�iq Is comrn8ncud with ma:�r:al4y aHscts Len�er'Q mterest in the ProporiY,including but not
<br /> ( Iimitodto,eminemdomAin,lnaolvency,codeenforoemem,orarrangemomsorproceedinfloinvolwnpabankruptoiJeCEdonL
<br /> then Lender pl Lender's optlon,upon notica to Borrower,mAy mAko such Appoarancos,disburae such Sums and tako Such
<br /> ; ectlon as is necesoary to protect Londer's Interest,lncluding,but not Ilmitod to,di&bursementot reasonc+bloa�iarney'stoes and
<br /> t entry upon the Proportyto make repaira.It Lender required mortc�age Insusance as a condltion ai making 4h�loan seCUred by
<br /> Ihe Deed o1 Trust,Borrower shall pAy the promiums roqulrod to maintain suah insur�nce in ettecl un4�l such time e9 tha
<br /> 1 requlrementforsuchln9urAncetermin�tosinaccordoncowithBorrower'sandLender'swnttonagraemontorap�licalbelaw.
<br />, � Borrowor shall pay the amount o1�II mprtgago insuranco permiums fn the mannor prov�ded under paragraph�hereol.
<br /> Any amounts disbursed by Lender purauant to this pAragraph 7, with interest thereon, shall b�come ndditlonal
<br /> • indebtednese o1 Hottowor secursd by ihis Deod ot Trus1.Unloss 9orro�ver and Lender Agree to other terms ol payment,such
<br /> amounis shall bp payAble upon natico Irom Lender to 8orrowar roquostin�paymont hereol,and shell boAr Intareat from the
<br /> dato 01 tllabursament ul lha roto pay�bla Iram time to timo on outatanding pnncipal undor tho Noto unloss ppymant ol Inlorost
<br /> al sucl�rAtu would ba contrary to applicablo 18w,in which ovent suCh amounts shAll bt�t�r intorost at tho hlphest rate
<br />: permisslbte undor appllaAblo Inw.NotF�inp containod in this paragr8ph 7 sh�ll roquue Lsndpr to incur nny oxponso or tako nny
<br /> action heroundar.
<br /> 8. Intp�Cllon.Lender may mako or cause to be m�do reASOnablu entnos upon and inspoctions o}tha Prpperty,Provided
<br />' thet Londor shall give 8orrowor notice pnor to any such mspectlon spec�ty�ng raasonnble cause theroloro releted to Lender'a
<br /> interest In the Property.
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