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<br /> .. and Lerid�e Cov�anlana agcee as taitows: : _ -� `�`.�.-�`--
<br /> ,` t�' :' .� .. ,�f, . Ut�ufOEiM COYENANTB.BoROwe� , ` .��� -=g=,
<br /> PramSN�Y P�Y ���- -
<br /> _ , .' ,, 1. Pa�1�M d���tn�.8orrower sbx�tC� wAen due the prir.ciGQ3 ot and intera�t on the '�:
<br /> ':• E • ;(... � . indeboeQ�sevide�►CadbythsNot�Orepa a�taMla3Lrc3�ar9es�0�a++idedlntheNot�arcr3t��f,rincipalatandinteraston , c;�'`;..�a..Q
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<br /> .� � • 8rry Fulute 1ldvanClS 3lCUCed by tl1e � � ` ��;
<br /> '�, � . Z Fi�nd�torTa�Mandt�uetecaSu ecttoApO��C��law,artoawttttenwalverbyLer,Cer�irawershattpaytolenQer �.,.
<br /> _ . • ` onthedaym�thtyinsWfma�bWP+�neipsi�ndin�treA�Y�taundertheNate.untiid����it��sint�etla.owYm�Ra �:'.:� ,. ' �•��:.�., ���-f_�..
<br /> . ` " � "Fun�s"1 eQuat to orte-twellth ot tt�s y�ertY�xas anQ�ssesamants which may etia; R�sr � �r t ` . `.,
<br /> - �- ` nArantaontnePrssPlMY•��nY.plusane-twetfMo4y�r�pre�iuminstslimenlatarRa�sr�i uance.Vtysone-twetfinol �—_ , . _
<br /> ` . ':� e�yirty premtum in�tmenb tor ma�a �nauranca�WranYr atE as�essonabty estima�irc��.t��and han time to hme by . _
<br /> � �, ` '� �ender on tAs basis d assessments�Iia snd raasFinaDLa e�tss thereot �f. . '. . . -
<br /> 'fheFus�dsahailOsAsW In aninstiMionthe deposiGtare�ro�r�LSCSfwhtchareinsurtd org��?t�sed.6yaFederaiorsmte .
<br /> �� (� � , . . a9��N t�nctuding L.enQer it lendet is suet�an ins�Q;�Cn�)L;ender sAafl apply the furtds tu said texes.e�sesunent�• � �
<br /> insurance iumaandst0undrenfa.le�decmayrtflli�'�IargptGFSOhoidtr�gandBDQ�Y�FSi �" . -: enalyzin�siidaeceunt � �, . <
<br /> � . �: � ,_ � ' �� . a�nd t saidsasasrtKntsartdb�tis.�tda.s-tmnderwys Borrower�roCereste��unQsana�pI�caDtelaw
<br /> � . _ . . � .. . pertn�itst��de��es�uchachsrpe.Borrov�erandL�ssdermay�yreeinwiitingattheDrmao'a�onofthisD�edotTrust � . ` _
<br /> � '. Mat in�on the Funds ahalf be pstd to Bonower.afld unlass sucif agreement is maQa aaar�icatbe taw ceqvires sucb ,
<br /> _ . � � � � interesttoDs Lende�ai�sllnotberequ(redtapay�Ha�rrnKeranY,interestoreaminq�3 oTr,if*�6nndal.endersbatlgiveto . .,
<br /> � • Borrower.w outcharg�anannualaccountingattt�f?undsshowm cre�itsandde5i�st����'a�nQsandthevurposetor
<br /> ` � whtct�eachdebittothsFundswasmade TheFundsa�ep�d9edasa�firttanalsecuritytr�rG*�s�sseeure�bythlsQeedot ,
<br /> ' Cle d0 (D � '. . .
<br /> - T,� ' � T N�eamournotl�etun�heldbytsnder.togethecwiththefuturamoMhtyinsiattmeat�so�Fr.�SspaYs P ttotnadue f.. , `
<br /> dates of tauce�assesamerts,insurance premiums a�.91�nd rerits.shall exceed the 2cr.�r��sa�Nired to pay said taxes. , - .• ;�,. ,
<br /> essessmenb.insurartce premiums andground�er►�they idtl dne.sueh excess shatl-Db«arl 8orrower's option.�eit�er �. .
<br /> �, • � prpmpyy�epa�4 to B'artawer or credi�d f0 Borrowea,�n rr�Onth(y instatlments af Funda.tPtf���unt of the Funds hetd by , �;,�� }
<br /> ,.�,,,;':.c.•• �• . � . ' � Lenderst�allnatbesufticienttopay�ces.asse.gsments:i�scvdncepremtumsandgroundrer��t�lP�eytalldue.Barrowersha11 � , ,
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<br /> � rr. pay to LendEt at1y amouM necessarY to make up th��dOficieneY wit�m 30 days iror�the da3s r�ee is maited by lender te � _ '`<:�, .
<br /> •:':;�;;`-`�r , ` .,;; , BoROwer reques6np PaYmentthereoi �
<br /> s ;r f � �` psvA�f1 tinfullafatisumaaecurodbyttsis0�odutTnistLertdersnallpramFUyr�t�c�3/78�orrower�nyFurtQshetdby ��� � '.}
<br />- y`. "��+\ _[.e.n aii F 'S`kc"ei`-., � 7••'�'• . .
<br /> ,.s,;.;;,,, . �t�;:iK��4t... ' r f r . .:: LenQer.Itunderparayraphl8hereoftheP�o�erty�ssotdmtheP!ropertyisotherwiseacquiredt�irender.tendershaitaDPh/• j�;"� `� a;=
<br /> f:, s�:������• , .�,.,2:���f- � - ��o�����ste{yDnortott�esateotthePropertypritsac uiSiUOnbyLender.andE�+fstre1dbyLenderatihetimeot
<br /> •f` . , .`.t;F.�=; : ;;r::.:,rb^Ptica6un as a credit a�atnslthe sums SeCUred bY,tfiizF Oe9d ot�rusi 't . ,��`'
<br /> . , `,•si',?,=�,, • � � ���n�.Un[essaAplicabletamPQrovidesotherwise.alipayrnent3r�z�edsbyLenEerundertheNnte � . ,
<br />�`;i;;�, • .'•``�;a ` � . ��;%?:�t4��a�r� 1and2�hereotshaltbe�a�liedbyLsndBrfnWinpaymentofarrioor.tspa•�oaLenderbyBorrowgrander .
<br /> . ,: .,_ ` , �ap b2hereot.the�tointerestpay��eonthetQG4�thentotheprirtapaletthe�i�te a,r��.�ea►�alnterastandpnncipalon � �
<br /> :.::<�Future Advancea. . . ' =
<br /> .` • 1.Cl1a�LN�t�.Borrowerssfiallpayailtaxes.B�SSessmeMSandotherct*.a.r�:�;�res�.�irr�asitionsattriburabfetothe � • .�
<br />`��.: � ;.i�roperty chmayattaina prloi�ty ove►ltfisOeed'aiffruat'andleaseho[d.payr�t,6r.R�arg�ro�rents,ilany.irttfTemanner � � :�
<br /> ` '�� provided under peregraph 2 here�t ot.if not pata in Guch manrser,by Fcr�9wer..�c:ng js-�f:when due,dirr�thl to the ( , .<
<br /> . ; ' � payeethereof.Bortawer sAall prompUy tumfisb to Lend6ratl noticasct�.monnts due u��siis6are9raPb.and i�the event i,
<br /> , , �� ' B o rt o w e r a h a l l m a kep a y m9nt d':reet►y.8bnower s�laf�ipromptty fumisn to Lender r�e�i�',�evidertcing sucb pa yments. � , �
<br /> ' BoROwer sha0 promptty�Ischarge any lien wAieh hi�s priprit�t,bver this Qeed o!Trust Rt���a!8orrowe r s f�a l l n o t b e i
<br /> i ' •, requiredtodischargeany w� chliensotongasBoROw�ashail&greeinwritingtothe�sayrce�r�•.a76�eobligations¢a:,-zdbysuch _
<br /> w+ta
<br /> , sucttiien6 .or:6.�fenC�E�'��cementofsc�.Ji!ir:�in,legai { .��
<br /> , Iientneman�eracceptabletolende►.orshailingoa�iSa�ficoMest y � .
<br /> � ' proceedings whicb operate to praventtheenforcer�¢Aatthe�lien or foAeiture oftt:�PropeT�ar any paA t�r�+�s:= �
<br /> , ; 5.Has�rd Mwnnc�.Boaower shail keepthe im¢�t4vements now existing or h�rea'.�a�t�!ed a�the Prt-,�:y insured _ ;`
<br /> - against toss bY fire,hezards incluQed witl�in theterm�extenQ80 cmr:c�e"artdsucho'�'�ss��6was Lendet�nay tequit'e . j �• ^,..
<br /> :�;.;•;;.:,�,, � ., - andinsuct�amountsandforsuct►periQC'sasLertdes�y,requtre.pra�r�de�thatlendeas�'+a9irr�r.+�:r-ethattheamoumaf .,. . .�..,._.,i
<br /> � such cove►age exceed tAat amount of ccr:�rage requlreo t�pay Y'«slns seou r e 0 bY��i�i�a�r''�s� ` �,
<br /> � ��� Thisinsurancecarrierprovidin the+c�suranceshad�hechosenby8orrowersubj�clWtt�+ ��'r.�':;iender;protiided,that i , ,
<br /> �`��`'.. �'`1�'•` � � �under paiagraaph 2 he eof oi i1 no paid in such mannoi ayi earrower making payrGr.ten��due duectly(tome ins(anc�e ?
<br /> ;,:. � �' caMer. � �.
<br /> Alllnaurancepoticiesandrenewalsihereofshaltdalnb►macceptabtetaLendo�a:�4S�:,����udeastandardmoR gage ,•.;,::
<br /> . _ 'G`!'.,..�i i � �, � ���'� '
<br /> - • j_:��.� ; ctausein/avorotandintormaccepta"+¢toLc+nder.Lendbeshallhave�rerighttoho�dY�lmpa�54adrenewalsthereoi,and• � , ,:,f,,.,•
<br /> ,.`,:.,_..: .
<br /> ' ;•�, BorrowershattprompttytumishtoLenQeretlrenewalnvt��esandeilcecefDtsoipaidpre�r,�u.�;s�Ttirr�eventotloss.Borrower u„��: ..
<br /> ;� '�-�;:,'1; �; sheltgivepromptnoticetetnelnsurancecarrierandLenyteuL'snderrrraymakeproatottass►�notrr.aQepromptlybyBorrowef � . .. -
<br /> ';;,�r,i,�• Un1essLenderandH�awerotherwlseagreeinwaNi�(�.insu�anae�roceedssr�;l0eap�h�torestoration;�r�:2iirott`� �:�,.;._. •
<br /> •��, , . . .,s? , . Propartydamaged.Praa�:�suchrestotationorrepair.weCOnvm1catyteasibt�ar.�:t�sa_��tyotthisDee�v'r�',:s'isr.�� . `>.�`;•f, ; , --
<br /> ''�' '�;; � thereby impaired.It su�=�oration or�epair is not ec�aerflmtoaly teatiibte or if tt�seC�ei"Yo�thia Oeed ot T.v���std`�°
<br /> . � ',+�. �:' ' Impaired.1heinsurartcQ��ceedsahallbeappliedtotftosumss�cuue�lby thisq�'o�Trcr�lvrrththeexcess,7�a�y.pairt'z ;.:,-� •
<br /> •'���• BoROwer.(1 the Proper"yr s abandoned b Borrower,o��H HoRa����,�s to respar.0 ta Ee:�d�a within 30 d2�ye irom ihe da� ,.�:._:�.
<br /> �� ' � notice i4 maited by ler�sr to Borrower t�iat the insuranae aa�ries a��rs to set�e a cr�:rn t ye i�►surance beneSts,Lender�, ;,;,.;�
<br /> ` � authorizedtoc011ect2r•�2�plytheinsusanCepraceedSatL'endErr'SaUronei�eftoresUna*�v��orrepairofthePropeAyort� .
<br /> ;`�'�;, �� the sums secured by�r5 Beed of Trust •
<br /> `r..,;;• . UntessLertder�ndOcrrowerotherwiseagreeinwrit�i�,anYsuChapplic2uc�r:.f�CeceeQ3t5principatshallnotextendvr
<br />;���� . ; �, po�tpone the due date cf the monthly installments retarrt+d ta in paragraphs t 2.r+t�herea�or change the amount ot such
<br /> instal(mes+b.lt under paragraph 18 he:eofthe Property isaaquired�y t.ender,e;l r,r t�tcGO�+��interestof Borrawer in and to
<br /> '�•�`��� • anyinsu:r�ncepo�icie�andlnandto���3�•aeeeQStAereofresu�tic�g�r�!�►damagetot�i9Pvopert�priartothesalooracqui�itio� ;•..� .
<br /> '�+.;:;�;,�� ahatl pass to Lender to the extEnt o14R���ms secured�Y�►�ia Oea�atTrust immediatecy prios to such sale or acquisition_
<br /> �� •' 8.Pn�rvaHonandlYlNntManetotatop�tty;Leas�h9t�ts:�vt��mintums;ptan�OUh'MO�vNopm�nb.9orrowersha'I� •
<br /> � � keep the Properly in good repair and shall not cor.rm+:waste onp�rmit im�air�er.t Q�dot�r"toeation o11ha Praper!y and sh�,�� .. -
<br /> ��;.;�• . ' comply wlththeprovisi0n�olanyteeseifthi80eed6�1{ustiSonal�asahod.tfthi3f��?�do�Tra3lisonaunifinecrsr,dOmini:.•T .
<br /> �:'� � or a planned unit devetopmenL Botrower shall peAorm a�i'ot,8orrower's ob�iyal�Cr•3 unQOa the deClBfatiOn 4s cavend^+5;; 'i'�.
<br /> creaUng or governing the condominium or ptanned unit deV�►dpman�the by-ia�3 anr�rr�g�tations of the cortdamin(um�� ,
<br /> ptanned unit development,an0 constituent ddcuments.It a cua��v�m�um or planned ur��e d�velopment ridei is axcuted�y _ •
<br /> •, ; � BorrowerandreCOrdedtogetherwiththiaDeedofTrust.theG�v�n�R;sandag reerrcnaG?�e:c��•��ershallbeincorpora:e�d
<br /> � , into and shall amen0 and supplementthe covenants and agre�mFr,ts o�this aeed 4"Tru3°as i'�rp��s►lder were a paA herec:'. , ,
<br /> �%�::`,:. 7. i�ot�cUon at L�s+Ea►'s S�eurit�.If Borrower t�:ls to peKZrm the covenants�.,�d���ee��^i�contained m thla Deed o1
<br /> �'s�'.°�+� Trost,or i1 an�y action oT���ceeding is commence�+r��h mater���lry affects Lend�r'g at(t�rt+s!i��tre Properiy.i�c,u�ing but not .
<br /> ' �`�'�'��� , � limitedto,eminentde�r+_+f�.�nsotvency,COd9e�tor��r,Snt,Ofatfangementsorpr�Ce,t�.�rr,sn^volwingahank�up;.rQecedent, . .
<br /> ,> '" , thenLenderatLendet�S�a�fion,uponrtotie0to66��arv.r,mayrnaKesuchappear.ar.ce9,Q�sbrseauctfsumsandtakesuch
<br /> •-'�;; actionasisnecessarytoD►o2ect1e�9at9interosLi���!��irtg,be�Ec�ottirnitedto,disburseKer.totr��onabteatiorney'steesand ,
<br /> � '� �� entry uRanit�ePropertytomakere�arrltLenderreq��redmo�t���vinsuranCea9acor�dib6rt���aKinglheloansecured0y
<br /> � :',����.�' ' the Dee�at Trust Borrower shali�r 3ae premi��r�,requirorJ�ty maintain such in3ur2r.c�i�e�°ct unGl sucfi time a9 the ;
<br /> � require�enttorsuch IpsuranCetBrminate9 in aCCp���".e w�th Hb►rnwer's and Lender'swvi�e�a�reem0nt Orc'�,�liCelbeiaw. .,,:
<br /> �,,,. ,.y,. . ' Borrower shatl pay the���unt ot all mortgage ins��^-�~e permt�ms in the maccr�n pravlQe�un er paragf�:iSR�yereo}. ,
<br /> ;���;,•, Any amounts C::�ase4 bY Lender pursua�. .�lhis pa�agraph 7. with��f11.r4sa L.oroon, shatl beCy^��1 8dd►tional
<br /> "�'• �-' � indebtednesstiC-�c���securedbythis0eedoltr:�st.Untess8b�rowerandLe+++J�agr�etooihertermsc'6�;°�onLsuch �� '.'.
<br /> �'�i��,�;�`:'��•�.� amoun�st2:rb�t'�=��teupan�oticetromLenderta6orrowparequast�ngpaymeT.theroo'..attdshaUboarir,;_:��.t.,n,..e ,
<br /> :�4,.:.;.. <<<,�
<br /> • � j; ..; � dateofd"+�:T..a'��'-�Ztharatepayabteiromtimetotimeono.u.�"y'�dinc�prineipaturdcit�heNoteuntesspaym0r�oi;,•:erc�:r '
<br /> �-- ���°����� at sucfi;:t��r�.+:si2�=eontrary ta a plieaDte�+!. :1 wn,c��J_�t such amour��3.sh3n�Q�a-:+tterest nt the 1:,�?csr��;�;.�
<br /> ,� ' ����� permis.a��..::rS��,��•i��►elaw.NO��ngCOnt3+�.��r�`.hisp2�/n��aph7ShellrequireLec�crto.�"Curanyexpenseor:,„ic��-:;=
<br /> , ; . a+ction t,er?�;�Qec
<br /> a, Irup�etlort.��?r1i°.r�aymakeorcauseto�:,�adereaSCrnabl�enH��suponacd-ic3p9Cti0n901ihdPrC,:ORy.prawded
<br /> cr
<br /> that Lertder sha0 gi•.�6or.ower aG'"�?�rior toany such inspdoVan spac�ly�ng reasor.aC,t�cause,eeretore re.a:eC to Lender's
<br /> � interest In the Propet.-�. -
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