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<br /> � �; } -� • UNIFORM COYEt�IW7S.BoROwerend Lender covenantand ag�e as tollowa: _ . • � _ � :•= �.-_;:_'°==
<br /> D PtiY when Que the princ 1 ot and interest on the . �'.°��
<br /> �.< 7.P��IIM111 d�IC�llld if11QlSL BORBWtf Efidll rOm DaY �. ', �, °.c ,'� .;a�'
<br /> , �, i�na�avidenqdbyt�eNpt� ymentandla�eehargesaspravide4intt�eNOte.andYhepnncl0alota►�dlntereston . `-.
<br /> . . � any Fudtre Itdvancc�secuted by tRe O�ea�d of Teust ` • ,
<br /> �
<br /> .�_E �. F��Tj���SuE]aet tp�ppiicaDtelaworGoawdttenwaiverbylender.Boaowerahallpay�aLender ` t`:
<br /> � onthsdaymorsthtyirts�itmenbafp�incipaland(n�erasterepalts�teunde►ttseNote.untiltheNnteispaidintut�asum(heroin ,_
<br /> � � "Fu�sds�equaf to ona-twNM W 11�e Y+�fl�°s end as�smenb whleh may attain prlarityi over thte Dee�ot TrusR er►d � .�. . °. � �
<br /> , - - `—_- --.- yraund�ium�k�sWt�is�icr�m•pD�t�a��e 'nsu�ia��ce. t any.Fat��as��reasosn��ably�ti athee�ni id�ena hom�me to time by . .
<br /> Bhle e�UtnaUes tltere0f. �`�-��'-�.=--:�_ ;°`:
<br /> ; . _ � �r on the b�is of asfessme�KS�nd bilts and ce�a0n .- . •
<br /> TheFund�shallbeheldinantnstiMlontfisdepcsfboraccou�otwfiicAarainsuredorguaranteed.byaFederaloratate [
<br /> , - � . . ' �ency(in�luding tenda�ft lende�i�such an instiOAlan�.l.ender shsll appS�the tunds fopay saEd taxes.assessn►ents. y �
<br /> ` `. . msuranCePromwmsand�oun�renb.l.endsrnwX^oRCha►�Storaohotdin�andapptyln�theFund�,enalyzingaajdaccount � .
<br /> or+rsrityinQtlndcert�ilin��sidas�eaemsrtbsndb�tt�,unleasL.e�darpaya8orrowerinterestontheFurtdsendappI[ca�btetaw ( •
<br /> n writin
<br /> itetsnds►tomakeawehacharqe�BorroweraMLe�amaYs4�i palthetimeofexecutionotthisoeedalTrust � =
<br /> L � t i��r�t on the EundsshaD be paid to Bortowe�•and uNass such agreement ia rtta�ie or appLcathe tawceq�csres sucA
<br /> ° t; int4reattob��d.�ndare�l�notWroq���ad�P�y�a��anyinterestarQamirtq�toMeFun�a dtl�egp�urpaseto� � .
<br /> Borrpwer.without char �an annual eccounting of the F+mds showln9 credits and deb' •
<br /> ; rTvh�eachdebittotl�e�und9vrasmadeTheFundsarePtedged8sad�idonalsecet�ItyforthssumssecureddythisDeedat k r "
<br /> 1`�. -
<br /> HtheamountolthefunQ�heldbyRMd����w���remonthtyinstallm8ntsotFunQspayabtepriortothedne f, .- ":y .;,
<br /> ;:- � dates ot�e�.esse�nents.insuranr,e premlums and und rents,shall excee6 the amountrequired to p8y said ta�es. _
<br /> � ' iums and qround rents as�tAey fatl due,sucN eacess shatl be,at Borrower's option.either �( ��-�`� _ . .
<br /> ;�.,, :.;r, `. . estesstnenb.insatranCe D� y . . .
<br /> : �.,,.,,J�,. '� p�omptly�p�id tp gorrower or credibd io eorrower on monthty inatattments af Funda lf fhe amount ai the Funds held B
<br /> . Lendershatlnot6esullicienttopaytaxes.assessmeM�insurancepremiumsand1ro undrentsastheytallma�te�rt��ender o `.
<br /> , _ " . . ' pay to I.ender any_�un�t���make up the deflciency within 34 days�rom ihe date no�ce by ,
<br /> _ Horcower req�rnp j?�.�rpweranyFurtdsheldlry . .4.:
<br /> Uponpaymentintutlofellaumsaecure0bythiaUeedofTrustLeodershatlprompUyretund;r ., , , :,
<br /> •� - ' �nder,(}�n0e►perayraphl8hereollhePraaeRyiasoldorthePro�eRy isoMerwESeacquiredu�i_�der,Lendersha(faps%.� ; ,
<br /> ��� nofaterthanimmediatetyp�tortothesateof@fePropertyoritsac�Lui�sitfonbyLender,andFur.+�`�tdbyLendetatthetisr,EJ� . , . .
<br /> - � � � .. apptics�on as a eredit ay�inst the sums secured by tbis Oeed ot TNSt : � , ''`, r -'
<br /> ;•'..; � 3.�ppQ�sNon d pat�Mnb.Untess applicable taw provldes othervrise.all payments received by Len�:w.nder ihe Note --��}
<br /> . t�t.;.�}=;y and paregraphs 1 and 2 hereol shall beapplied tt��a:.derfirst in paymentof amvunts payabte t0 Lende►ixg 6�tower under
<br /> • , , " ,;;r•,:�,�;<<• - pare�raph 2hsreof,fhenWiaterostpa11�tg��'!=,,,�•mentotheprind{taloftheNote.andct�entoin!er�-a��principalon �,;y
<br /> , _�, ,,, ,, anyFutureAdvanca�. ,�„ mentsandothercharges,fiflBS��'r���ositiortsa�thibutabtetothe , ,
<br /> • �;;'i','� 4. Ch Llin�.Borrowersst�t,w�al���s;assess ,
<br /> � ' ` �" ` p�operty ich may attain a priori�.�•mweyr�.�s Lte�3�t Trus�and leasehotd payments or grcµ�S�nts,if any,in the manner . -°
<br /> � ;; ,�,,,.;:� , _ - .
<br /> •. .:•;;,� • _ . provlded under parag��b 2 herectsar,t�'"n1�ir�'cr such manner.by Borrower making pay.��t when due,dlreatlyy to the
<br /> � `�°'�' pa eethereof.BoRCws:slsall oc�r��'.iy'hcmr'3a�y''�''3erallnoticesofamountsdueunderthisparagrap4andintheevent �,
<br /> `,. �;;�: , y <.,
<br /> ,. � BoROwer ehalt me.'�ca�ent eti;�cTl�$o�xls�T s:hatl pramptly fumisb to Lender recelpb 8videncirtg sach payments. ;,,ti' .
<br /> ',,�;y .:' � , � Borrewer sha0 prompL.y 4�schar,�arY lisn vrh'e�h t�as priority over this Oeed of TrusX ProviCaei;�that Borroyrer shatl not de ;
<br /> �' � . � �equi�tQO�lschar�eas�y auchtier.sa�asrgasBo�owershallagreeinwrltingtothepaymentca�:ha�Cligationsecuredbysuc�*
<br /> � ' � lien irt a�rssa�er aece/�able to lendar,or shatl in gaod taim conteslsuch lien by,or defend��rtement ot sucb llen in.tega: . � ,.,;
<br /> � prpae¢dings which apera�to prevent the anforcement ol the 11en or tortefture ot the PropG�'.►1�r any part thereot. , };;
<br /> � 5. Hssiud It�sa�ee�•Borrower al�all keeptt�c�`�ravement9 now existing or hereaite��sected on the Pcoperty insw^�� , �
<br /> �C;�,��': against toss fsy tire:ti�rds inctuQeO wiMin t he^er�"@xtended coverage",ars�SuCh other Aazaids as�e.^.ss�r may requ::e � • � . .
<br /> `� • and in such amovn2s a:r�tor such periods as Le:��=�taY�equfire;provided,t?�a�i+der shall rtot� ulre tha��e amoun!at
<br /> ' ; � sucb e�_v�sage excee3 that amoum of caverage r�a,�iFea to pay the sums sec:::e�5Y th�s Qeed ot�rust
<br /> ; 3 Thls:�esurancecarrlerprovtdm����nsuranceshall becNosen by Borrowersubjecttoa��:�val hy lender provided.that
<br /> such a�pTOVa�shaU not be unreas�n3h!y withheld.All premiums on�nsurartce poticies sha:trarvaid in the manner provided
<br /> under paragraph Z hereot or,if Rot p�iH in such manner.6y Bor�ower making paymen�wta��+a.directty to the insurance
<br /> ��,�;;' ; � Ceffler.
<br /> All Insutance poticisaand renewats thereolshaN be inform acceDtabte to Lender and shalt inctude a standard mortgage
<br /> Clauseiniavarofandi�formacceptabtetoLender.lendorshaUhavetherightt��ofdthe policiesaadrenewalsthereoi,and
<br /> ; � Bonowershallprom�ttytumisfftoLenderalirenewalnoticesandallreceiptsa:��Cpremiums.lntheeventottoss.�a�er
<br /> � shaflglveprom tno cetolheinsur��+cecenieraadLender.Lendermaymakep=�oloflos9itnotmadepromptfytsy
<br /> �., � U��e�LenSerandBorroweroZ.has+kiseagree(nwriting,insurbnceproceeds5hallbeapp:�•�:torestorationorrepairolthe
<br /> Pro�arty,alamaged.Drovlaed auch r�astoratlon or repalr iseconomicatlyfeasibte and the sera.�ri:y of this Oeed o1 Trust ia nat
<br /> `�� �.� •. tf�ereby im�ired.tf su�t�restorati���s repair is not economia9!1y teasibte or•+`1he secudry of thls Oeed o1 Trust would be
<br /> � ,., . impaire0.the in3ura:�o�proceeds ghati be applied to the sums secured by t`,��eed of Trust,with the excess.H any,paid to .
<br /> Borrawe►.II the Pr�.�j is aDandcne0 by Borrower,or it Qorrower iails to nasl�and to Lender wlthin 30 dsys trom the dete
<br /> ' `� �' • notice Is malted by�n�er to Bonower thet the�^�surance caR�er aNers ta sac.Mj�a claim tor Insuranc��a�eflts.LenAer is
<br /> aut�:�:s2dto coltectand appty the��:�ance pr�ceeds at Len��-'s option ei1.�2rt�restoration or repa:r�'-•.*�e PropeRy or to .
<br /> • ti�e su^s3 securad by thie Oeed af Tru;s
<br /> � Unleas Lenderan0 Borrower�st's8�wiseagree in wrlting,any such application ot DrOCeed��a�[mciq��shall notextend or .
<br /> postpone the due dat9 of the morstri'y installments referred to in paragraphs 1 and 2 hereo`�cr��ange the amount of such .
<br /> ! instaifineMS.lt un�rg�aragraph 18 hereot tbe Pro�erty ls acquired by Lender,a'Tright,titfe a'�iirorto�e�ieor aci qua,iUon '. •
<br /> � anyinaurancepo�vc�es�IndinandtotheproceeC�;.'��reotresulting(tomdama;;=.at1tePropertyp
<br /> shall pas�to Len�BS!�a e�ReM o1 ihe sums s�.��ed by this Oeed of Trust irr<�nediatety prior to such sa`e or acquisition.
<br /> i d,�rvatlonartdMatnf�ns�MPrapftty:l.aHhofds:Condominiums;Plann�dUnHO�vNo�n+�.Borrowershall
<br /> keep:°7e Froperty in go00 repair�r,�s'hall not commit waste a�r�2rmit impairment o1 deteriaratlan o the Property artd shatt
<br /> eompty wlththeprovlsionsotanyyaasaitthis�eedofTrustis��a.�aseho(d.NthisOeedofTrustisonaunitinacondommiw�
<br /> y or e planned unit Q6vetopment 6a�ower shalt peAoim at.o;�a�awe►'s obligations uneer the deCtaration or cover:^ur.C3�
<br /> • � creatlng or gover���g the condomiNum or ptar.�c-r unit Cevei��.+ent,the ky-laws and regutations ot the condomin�u�*r�o
<br /> �� plannetl unii dae,er�„r�enL and constituent doe.: �3s19.If a condominiu:�^���`�nned unit development�'rC�:�is exCU���ay
<br /> , .. - . Borrower e�0 re�5�'".G�together with thia OeeC�°Trust,the Covenantsar:d�_�eements of such rider sha•t L:e 1ncoraa�2s'�d
<br /> `' into and shatl ar.:e'�tand supp�ement the cover.�nSs andagreerents of tK�rs�°d o1 Trust as lf the rider�s�3 a paft he��Cf.
<br /> �'r �. p�.p��tipn p�1,�n�M's S�er�?Ay(i Borrower telta to per`3rm thg aovr��.:3ti!s and agreements cantaire0 in this Qee�3� .
<br /> '` � Trus�,or ilAny acdC�o�procee��rr��s commenced with mater.�:!y 2`tect�f.�Qer's interest in the PropeRy,including:��L n,t �
<br /> �-; Iimited to.eminer.tG�"ain.9nao�ven.y,code eniorcementorartangemer.s sr�'oceedings m•rptving abankruptorQeceCe+�� ,
<br /> ��� • then Lender at 4ecCr.-�',optian,upan notiae to Borrowe►.may make such���ances,di9bvrse sucn sums artd tAke a::c:�
<br /> �� � actlenasisnee�ar�t�pratectlender'sinter�t:�cluding,butnottimitedt�.N�.arsementfltreasonabteat'Arney'sfeesand
<br /> •:� f ent�yuponthBRr.�rt,�fomakerepairs.HLenQe�require6mortgageinsu�rC��saconditionotmekingth���enBeCUrOdby
<br /> 1 the Oeed ot Tr.��.fscr:Ower shall pay the premiums required 10 maint��a s:.+'+insurance in ettect un�t s:�:h Ume as the
<br /> t reqalr�menttOrsu�"+:�surancsterminatesinacCOtdartcewith8arrower'sa~�Lender'9writtenagreementorappticalbe'aw. .
<br /> �s ` Borc�*sr shep pey the amouot of all moRgage insuranCe permiuma in the manner provided under peragraph 2 hereaf.
<br /> Ar.• amount�dlabursed by Lender pursuant to this paragiaph 7, with interest theraon, shatl become s�s".Gr31
<br /> 1 � indeb�ednes9of6orrowersecuredbythisOeedof'irust.Un[ess9orrowerandlonderagreetoolhertermsct�yay.�efLS.::Ch
<br /> amounb shafl bepsYable upon notiCe ttocn Lender to Borrower�equesting payment hereot,and shall beu;r��?rest from the
<br /> .�� � dateotdisbursemeplatlharatepayabtefromUmetotimeonoutstandingpr�nc�palundertheNoteunless�.y*:entofinteresf .
<br /> j • at sueh rate would be Contrary ta appticabte taw,in which event such amounts shatl bear lnterest a":°'fe hlghest rate
<br /> � permissible underappllCabte law.Nothing containedin this Oaragraph 7 shall require Lender to incur any expensea takeany
<br /> .F i acUOn hereun�e�.
<br /> i � a, �n�p�ellon.Lendermay make or causeto be made reasonabte entnes upon artd inspettions of fhe Prope�tv,prnv�ded
<br /> that Lendershattgive 0orrower notice p�ior toany such mspection spec�fymg reasonab►e causetherefo►e retatedfo len0er's
<br /> interest in tde Property.
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