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<br /> UNIPQHM COV�NANTS.Elarrowor und 4ondor aavqnunl nnd aflr�o n�lallaws.
<br /> j 1. Paym�nt o1 P�in�ipal snd Int�re�l. Borro�vo► �hpll prom�+qy pny vihon clun thfl pnncipal c�l ancf �nturost on Iho , '
<br /> � indt+btednessavidancadbylheNat�,Propnymenlandla�or.hmpasnsprovldadlnihoNoto,nndl�i�pnncipNc�tnndintaruslc�n
<br /> ' any Fulu►o Actvoncps sacurad by tho Dcod or Trusl.
<br /> -- ' 2. Fut�d�tnrTaxffsand Insu�ance.Subl�t to HppllnaGlo In�v or tofl wriftnn wnlvnr b;L�m�i�r,[lpnnwt�r el�nll p�y te)I.N11dr'�r
<br /> -- ; pnthFdnymontttil�rinstellm4nt9of Rtlr�Flpalanctlnterostornpi�yndlounclorlhoNptp.untllthoNotol�pnidintutf,nawn�harom
<br /> "Funds")aqu�l to one•twoltih ot iF�o y�lt�tly(axc�y ilnii�i,&uBG�:�r,ta�:hlch m9;,wttaa.priority�zvu�thla B�od ol Trusl.and . .. _
<br /> flrau�d ronts on Eha pr���ry,lta�y,p�uson�-n�:.�Hhflt 1�Qarty prnmtum ine+.���lmt�nf�lor hn:��d Ineurnnco.plus ano-lwolflh t�t
<br /> i yearly promlum In9tallments for mortpflpc�Insu�flnce,i1 p�y,c+ll n9 ransonnbly e9llmntc�A ImtlAlly and Irom Ume Ia Ilmo by
<br /> ' LOnd�r on tht�basle of assnsamonta end bllla nnd renaonnblo ostim�toa tharoat.
<br /> Th�+Funds eh�ll bo hold In�n In9titutlon thv dc�posits ur Accounta o1 which nrp Insured or{�unrantoed,by tt F�ecitu[ll QI PIAtB
<br /> i agHnay(inaluding LE►ndor If l.end�r lo such pn Instltutlon). Lpnd�r Aht�ll apply Ihta lunda to pAy 9AId iaxas,nssassmania,
<br /> Inaurflnco pramlumeandAraund ronts.l.ondAr mAy natohnr{�o Qar aoholdlnfl nnd�ippiyinp 1ho Funde,nnnlyzin�5md acnou�l
<br /> � orvo�ityingendoampllinflaatdnssesamontsandblll9 unlossl.andnrpoyeBnrraw�rinlprostnnlhflFundsnndupplicablalt��v
<br /> � permita Lvnder to maka ouch n ohnrfla.Botrower Anei Londc►r may agren ln wrltln��t ihn time►01«xocupan ot this Lfaed o1 Tru al
<br /> Ihat intvrost on 1hE�Funds sh�ll bfl pald lo Sarrower,t�nd unlo9s euch a4r�temflM fs mflda or i�ppIlcfllb�Inw r�qui�os such
<br /> 1 intc.�esi to be pald,Le�ider 9hAll not bt�raqulrod to pt�y sar►awor t�ny intorpai or ot�rninps on thc►Funda Lona�r Ahnll glvo ta
<br /> �i�o•�ivor,�v�tnou�uha� a.n�i qniiu��!:.CCOUntln�of th!�F!�n�la ahnwinn oredits end dc�bils to Ih�Funds and IhE�pu�paflo IUr
<br /> whict�oaah dE►bitto the�t�nds w�as mAde•Yhe Funde nrA plod4t�d c�e nddiUanal s�aunty lor tnt�sums socurc�q tiy m��Una�l a,l
<br /> Sfi19�.
<br /> !f thc+Amo��n?01 tht�tunda hold by Lvndar,togathEn wilh thc�lutu�fl manthty Instnlhnpnl9 0l Fund:.payAbto pnar lo Ih�dua
<br /> datay o1 taxc�s�asseasmonts, InsuranGe pramlume and grpund rents,shall axcoocl IhE�F�mouM raquirF�d to pEly 9ald taxes,
<br /> ass�asmdnts, in9utA�CB prpmlu»>9 and graund rents a9 thHy 1a11 duE�.9uCh flxcHSS shnll bp, nl Horrow�r's aptlon,olthar
<br /> }�rpm�tly ropaitl ta Rar►awar or c;reditctl to 8or�ower an monthly In9t�limc+nts o1 Funds.II iha amaunt al the Funds h�ld by
<br /> � lont9Ft ehall not bHauNicient tu�ny tnxe9,E19sa9smonts,insurqnc�p►emiums�nd graund ro�iS n�thoy fell du�.F3orro�var 9h�►II
<br /> I �y to l.onder Hn�8moum neCflasery to makp up Iito defiCienCy wflhin 30 days fram thA datc�nptiCe Is mn�lod by Lendor ta
<br /> �ArtOwtt�requ0atln�payment Iheraot.
<br /> � ' Upan paymant infull at HII sums c�ocured by this Deed o1 Truy1,l.�nder ahall promptly rolund ta F3orrower any Funds holtl hy
<br /> l.t�ncier.It und�r pt+rogroph�8 horeol lhe PropWrty la sold or the Praperty fs otherwlep ncquired by Lendor,Landor shall np�ly,
<br /> no later than Immedlntely prlor ta the sale ol the Prnperty or its ac uleitfon by l.endar,and Funds hald by l.vndor nl the tima ot
<br /> �pplicatlon as a credil apalnat tho aums sctcured by this Qood ot�rusl.
<br /> 9. Applicatlo�o!Peym�nt�,Untess applicable law provici�s atherwiso,nll pt�yments rucorved by Londor undpi iht�Nat�
<br /> � Flnd pArA4 raphs 1 and 2 hereot shqll ae applled by Lander lirs9 in pt�yment ot Amounto payablt�to L.endor by E3orrowor und�r
<br /> ' pnrnfl r:�ph«hpreol,thon to Intert�91 payable on the Note,tht�n ta th�prinnipol o11ho Natv,nnd then ta intprosl nnd prmcipel an
<br /> ; any Future Advflncps.
<br /> 4. Chatpa;l.iea�.Borrowers shall pny all tAxes,asaassme�ts and olhoi chhrflas,tinos and Impositlons c�ttrlbutable�ioth�
<br /> � Property which m�y E�ttaln a prioritv over thl�Deod ot Trust,end laasohald pnymenta or ground renis,d any,��inQ mflnner
<br /> provlded undE�r paragreph 2 horool or,II no!pE11d In auch mHnnE�r,by Qorrow�r mt►king pAymeM,whc+n dup,direcUy to tho
<br /> i pAyee lhereol.Eiprrower shall pramptly lurnish to Lendor�II notiCes ol nmou��ts duo under thls paragraph,nnd In th�►evonl
<br /> � Bpr�owar ahall mako pAymOnt dirpClly,8o►rower ahall pramptly lurnlsti to l.�ndFlr roCOipta evldonclnc� Fuch p�yments.
<br /> Borrowe►sha11 p��mptly disch�rfl�,eny Iton whlch has pnority avar thia qoed ol7rusl:pravided,Ihat Elorra�ror ahall not bo
<br /> t reqidrttd to dlsch2rgettny oUCh livn no long a9 Borrower ehall agrde In wrNing to tho p�tymE�nt o11ha obllflalian st�curad by su ch
<br /> � Ilen in a manne►acoaptab�e to Londer,or shtill In good talth contest such lic�n by,or dptdnd en}orcoment of auCh lipn in,lec�al ,
<br /> prt�c6otling��lt4Ch C�ratn t��,����nt thw entorcement o1 tho lien ar iprteiture ut thE�Praperty or any pnrt thereot. '
<br /> � 5. M9=ocd Insura�ce.8arrowar shall I�oep th0lmprpvemenlS nOW dxistmg or hE�r�3aflE��OtpCted on Ih�Prope�ty in8ured �i.
<br /> ag�lnst lose by flre,haxerds Includvd wlthln th018ft11'0xtpndfld COV8fflQ9",flnd such othor ha2ards as Londor m�y roqu�re •
<br /> � and in euch amotmts end 1or suoh perlods As Landvr mAy raquufl;pravldc�d,lhat Lpndf�r shall not raqulro that tho�mauM ol
<br /> suoh coveraae excood that amounl 01 coverag�roqulrad to pAy the aums sacured by Ihls Daed at Trust.
<br /> ` Thls insuFance oerrier provictmg tnv msuranca enan oe c��o�o„Gy ao��u:�a��::w;ac:;c<.^�-:1::�":.°^�«C;�'�Y!„�°:!th�t
<br /> suCh ap�rovAl ahAll nat be unraasonably wlthhpld AI�promiums on myur�nce�pollcles ahA�i Ka pald�n thF inannar provided
<br /> I under parElgraph 2 heroa}or,II not pAld In suCh mAnnor,by E3orrawor maklnp p�ym�nt,when due,diroctly to tha inaurance
<br /> carrlor.
<br /> All Insurance palicles and re�npwals Ihoraof shall bo In torm ecceptablo to londor flnd sh�ll include a standArd mahpago
<br /> olausa In favor otand In form flccaplablela Lender.Lendor shall liave Iha��yh1 to hold tha�pIIGIOS Qfld f0ilE1W11Slhpf�pl,and
<br /> Bar�awor ahAll promptly lurnl9h to Londor oll renewal noticos And All r�calpts at paid prpm um�.ln tho ovont ol logs.Borrower
<br /> shall give prampt noUco to the Inaurance aar�ler and Londor l,ondor may mal<o praol ot loss H nat mado pramptly by Barrower.
<br /> Unlesa l.endor and Borrower othorwlse i�gree In writing,m9u►anca proceeds ahAll bo applicd to rostorAt�on or r�pAlr ot tho
<br /> Praperty d�maged,provlded suCh rostoratlon or repair Is econpmiCally feaslble nnd thv sacurlty of this paed o1 i'rust Ia not
<br /> thpr�by Impalrpd.N such restoration o►repair Is not economically feasibla or i1 tho epcurlty ol Ihis DAed ol Truat wauld be
<br /> Impalrpd,tho Insurance proceeds ahall be applled to the aum3 aecurpd by th�s Daed ol Trust,wllh tha axceas,il any,peld to
<br /> BorrowAr.It the Proporly ia Abandoned by Borrower,or d C�o►rower fails ta rospond to landor w�thln 30 days lrom the date
<br /> no4ico is malled by Lender to 6orrower that the insurnnce c2rrior ottors to sofllo a ciaim lor�nsuranco benotlts, L�ndar is
<br /> � authanzed to collect and apply tho InsurAnce proceeds at Lendor's optlon e�lher to restoration or repE�ir o1 the PropNrty or to
<br /> the aums apcured by this paed ot Trust.
<br /> � Unless Lender and BOrrower othorwlse agree in writing,any such�pplication ot proceeds to prmcippi ynnii not oxtend or
<br /> oetpOne th0 due date Ot the monthly inetallments retorred to in para,yrnphe 1 nnd 2 hareol or ChAnge�he Amount al8uch
<br /> Pnstallments.I1 undar paragrnph 1 B hereol tha Prope�ry is acquired by Londor,nll nqht,tit�n and interest al Barrower in and to
<br /> anylnsurancepoltclesandlnandtotheproceedsthareo1rosultmgtromdamngptolhePropertypnartolhosAleoracqulaition
<br /> shall pass to Lender to the extent o1 the aums seoured by tnls Daod o17ru91�mmediately pnor to such salp ar acqulsltian.
<br /> 6, P�etervation and MalMenance o1 PropoNy;l.�eaeholda;Coodominlums;PlAnnod Unit'Aovelopmoat�.Borrower ahall
<br /> keep the Property In good repair and shall nol commd waste or permit Impairmont ol doterioraUnn ol the Property Hnd shall
<br /> � comply wlth thA pravlslons af any lease II this OeeU of Trust is on a leasahold.It this Qaod at Trust is on a un�t in�a condomin�um
<br /> ! or A planned unii developmAnf,Bar�owes ah�ll pertorm all ol Borrower's obligations undor Iho de:iarc�lion or covenanta
<br /> � creatlng or governing the condominium or planned unit development,the by-I�ws�nd reguiations a11he condom�nium or
<br /> � planned unit dovelopment,and constituom doCUmems.It a condnmin�um or planned un�1 developmFnl�idflr is�xcut0d by
<br /> � Borrower and recorded togethar with this Deed of T�ust,thv covonaMS and a�rpBmPniS o�SuCh ndOr shclll bp inCO��ArAtdd
<br /> Inta 2nd shall amend and supploment Ihe covenants nnd agrc�omems ol th�s oed ol Trust as�f the nda��v�re a p�rll�ereol.
<br /> 7. Proteotlon ot l.ender'a Seeurlty.11 Borrower I�ils to porlann the cavEn�nts�nd agreomonts cam��nod in th�s Deed o}
<br /> Trust,or H any acl�on or proceeding is commoncod with matenAlly atlects Lcod�r's mtvrpsl in the Propert?.mcludmc�bul nal
<br /> , Ilmltedlo.eminvot�omam.insolvency,cadeentarCOmenl.orarran9omE�nts��rpraceedin�smvolvinpabank�uptordeCOdan1,
<br />' then Lendor At Lendor'�option,upon notice to BOirawer.may make such�ppoarancos,disbur&a suoh sums nnd take 9uCh
<br /> ac!!on as is necess�ry to prntp��Lendor's mteresl.includ�nn but nat limited ta,d�yburGOmenl af reasonahle attornoy's fees�nd
<br /> , entry upon tho Property to makerepairs.N Lender reqwredrnanqagv InSUr�nce ns u CondiUOn of making tha foan yecweu by
<br /> Ihe Doed o1 Trust,Borrowar ah�il paY tho pr�mwms r�qu�r�+A to maimam such �nSwA�CO�n oHocl uMil Such timE2 A9 thp
<br /> requlrement}ar auch InSUranCe terminAtos in aCCOrd�nco w�th Borrowar's r�nd Londe�'S ti�r��llen agraement or appIiCalbe I�w.
<br /> Borrower Shall pay the amount o1 all mortflago insurance pormwrns�n the mannor prowdod undor p�rngr��ph 2 hpreol.
<br /> Any amounts disbursed by Lendor pursuanl to Ihis Parag r;iph 7. with intorosl thor�on, sh811 boCOme add�t�pn�l
<br /> Indebtednosa ot Borrower securod bythis pevd ol Trust.Unloss Rorrower and Londer Agrea to othor tc�rms pt�F�ymOnt.such
<br /> am0unte shall be p�]yable upon noticelrom Lendet to Borrower roquosting payment hereal,and sha11 bear mterest fram tha
<br /> dete ot disbursementat the rete payable 1rom t�mot�Ume on autstanding pnncipal under ihU Npte unless paymt�nt ol intoreet
<br /> � at euCh rata would be Contrary To apphcTblo law, in which eveM such amounts shall bear irneresl �t ihc�highvst r�lv
<br /> permlasihlp undcrepplicable I�w.Nothinc�cam�ined�n this p�r�c�rnph 7 sh�li rnqu�r�Londer to mr.ur�ny exp�nse or I�ke any
<br /> ncUOn horoundqr.
<br /> 8. IMpeCtlOn.Londer mny make or c�uso to be made rt�asonahie ei�tne�ti upon�nd�nspecl�onc.ol thc� P�operty.prov�ded
<br /> 1ha1 LO�de►9hall c�ive Borrawer noUCe pnor to any suCh inspt•ctinn spa�r�fy�nq r��aso���ih4�c�usr th ore�nrf�rt+i�ted to l.ender s
<br /> intorest in the Property.
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