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<br /> . . `', , • Ul�GHM COYENIINT&Borrow�r end t�r►der covenarrt and a�ee as tallows
<br /> ``,' � � ��d� p�9ortcwar aAaU pranPthl�sY,when due the prinetMt.ot,and�in�ere�on tr� . �.-
<br /> tandta�e GharpesasprorndedintReNote.andlhePnnc�palof andU�rest on
<br /> ' `?°`.�.• �. , � a„yndsFe�iwy+.r�sscune�r u�.o.�oe"�'n,�e ' �
<br /> __ � � � 2 F�beTl�ir1/M�ebp��S���tabfetawortoawdtlenwaiverDY.L�nder.Borrawer�tsaltpaytoLander
<br /> t` onQ{e�Y�At�bM and( arsPaYab�eunderU�eNo�a.uM�itfls�(s0�iniulbasumtRere�n ��,- -
<br /> - - • - - °Funds��W+d to on�-�w�iM of th�YautY mns arb asaes�maMs which maY at�irs P��Y�r thta OeeO ot T�usR and ��,.,�:�_
<br /> • � , �, � g�0[er►taoathsP+�Mh ifarry.0►wone-twMMafysertyPromtaminsWimenbtorhuardtnaurance.ptuaone-twatN�o1 — —
<br /> �Ay �p��pp i��n�,�an�j all as resso�a6tY e�matad inittatty and fram time to tims by ��.�=
<br /> ` .. , ` ,;' � (�ir�dfbOf�� bandbiUsandra�aorta6teesLrttalestl�ereof.
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<br /> • ` ��shNibsMWin�nlnstl0�stionthsd�Doaiboraccauntsofwhictiareinauredargusrant�eed.b7laFederalaatate ,���_�
<br /> `� , -: '�, .. � ���K�������,�.�r shall appty the funQs tups y aaid Wces.asaessments. '-2--�.-a-=-
<br /> ��qpqrt�iumsl��oundraMS LenQ�rmsYrrotchar�eioEaohoidingandappty:u�g/heFund�an�yangsaidac�+nt ;�:�S:.� �r-.
<br /> .. ` � , ' orven'iytrg�ndeonpiiirgfaidas��nbandbilt unte�sLSaderpsysBorrcwcrintereatontheFundsandaoDiisabtelaw _�--�;- - a
<br /> , • Ler�Ntomakeau�►ecAar�8otraweeand�miya��einwritingattheUmeofcxad�on�fihisDes�iofTrust �:-�
<br /> - � irtterest an ths funds shail be pa�d to Borrower.and unlass auch agreemen!is mede ara�p1icaftre taw cequir+`s sue� .`=?-��;'_ �
<br /> � .. � ineerestto�LenderahaltnotbQroQuiredto�yBor[oweranyinterestoresmin�a ontheFurtdaLendersnai give �_� ..�-- ,,, '
<br /> '�,� chu inannwtacoountingo rieFundsahcwin credlssandde6ilstoMeFundaandthepurpoasfor . _-,�s;�,�;�a;;��:,.:',
<br /> Barrowd. � � Q�thisDeedof �. �� .
<br /> - .� �eachd�biltoths�wndswasma�.TheFundsarepiedsedasa di�onalsecuritytorthesumss�cared � . . .��l�,.,::�.
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<br /> `( withthetu�remonthi InstallmentsofFurrdSDal�(egciststuthedue �.`f:':�; � �.�..._::
<br /> << .:_ _ - = HtheamountolB►etun�hNdbl►LertQet.tasetl� Y ` `�;,�,�:.
<br /> ,' . Qates of taxe�.asseWnent�.insurance O�emiums end ground renb.shall exceed tAe amount required e��ssM taxes. �.`;" , .:.: `._�:•,�,.,._�:
<br /> ;� assesstner�trr inwranCn premiuma afb grounA rents as thel►fall due.aucb exceu sha!!ba�t Borrowe�s cp�on.either �� ._G.. ';A�';_
<br /> ��par�b g�ra�ar pr c�edil�d[o Sorrower on monthty instatimeala of Funda.if the amaunt af the Funds heidby •
<br /> • � � ��sNlinolbssulfic�+ltopayf�xes.sasesamenfs.insivanceD.remiumaan�groundren�as��alldueBarrowershait � �.' _
<br /> '. to Lender an �rttaunt neeessary to make up the deficiency wrthin 3D days from the date rsatir:�a�s ma'iled�y tBndeT tu ,. : _
<br /> . - • �` �aa'o+rarnq�r�gPaYmenttheteof. , .. �
<br /> � '::'�` _ ` p!�ymarHintullofallsumsaecutsddylhbDeedofTrust.lendershatipr�npfi�refuc��its�-"''�crowerangE�rndsAeidby F,J i rl i�` �
<br /> ,:�;sr_��<< : • , � .NUrM�rpu�rspbl8hareoltbeProPertYissoldortheP[operlyisotAenu€&eaC4��i��l�der.4e�cdesshallappty. ,
<br /> -'-,',:;, notabrthanimme6atelyPdoRothssalsoftRePropeRyoritsac uisit�onbyLend�a�sdFci�r�ts�-�s'sY4.�?�=��b�� }i�;�r,r,` �, �'fi� --
<br /> f t�;} ;: , appiication as a crsdit�inst the aum�secured by this�aed of�r�st " � . �a.
<br /> • . ,;;;;I%,: .`,�,;,,,..:.:,, . 3,wpppqflan d Pa N11n nb.UntesaepDiicabte taw provides ot�ervrlse.sil payments rea���d:Ir����s+wR�Br the t3�a�� i�':; ` � ' �.f�, _
<br /> ;r �. .t. `.F �4 andpara tat�027�eroo�ataallbeepp�iaQ[syLendetfirstinpayme�ol8mountspayab'i�t�x�er;�' ��'�cr-�qweruriaes �; '�, - _
<br /> ;;•�•�. ra�ra�2lrereof,thentointerestpayableontheNote,thentotheprincipaloftheNote,andUfentotnt�re5�c:arinci�aton �,•� � • ,f'
<br /> . a�ny Futu�ro Ad anavances �
<br /> � �,���tMIN.Hoaowersghal�paygi�ta�ces,assessmertsandothercharges,finesandimpositions&u',hiautabletothe ,. ._._. . �°�'-
<br /> �Y�i h 2priorttY over t�is Oeed of Trus�artd teasehol�payments or groun�renis,if ar�;:�the maaner � •,;.';� ; . .- .. ,�
<br /> pr�under para�sp hen�1 or.if oot paid in such manrter,by Borccwer makin payment,when du�direcUy to tf�e �.. - ;
<br /> payeethereof.BorrowershaUPromD tumFshtoLenderaiinoticesotamountsdueu�derthisparagraph,andintheeveM r ,. � `..�1
<br /> ` . � sarrawer sh�ii mskepa yment dir�.BOrfower shall pramptty t urn i s h to L en der rece i p t s a v i d e n c i n g�s:t c hp ayme n t a f�,:,�••�: .�. . .',,
<br /> . � , t Borrower a h a Npr o m p t t y disc h a r Q e a n y l i e n w h i c fl h a s p r i o r i i y o v e r t h i s D e e d o f T r u s k O r o v i d e d,that Borc��s6a0 not be
<br /> . , ; requiredtodiscf�ar�any a�uct►�ienao�ongas8orrowershallagreeinwdtirtgtathepaymentottheobligation�saM�redbysuch �,� � �;�:;
<br /> ,�..<t�• • �j Iieniaamannerac�eAleDbtoLender.ash2dlingoadfaitAcor►testsuchlienby.vrde(errdentorcementot���tienin.legal ;( • �-,.
<br /> , . • . j proeeedinps vMict�opsrate to preveni the e�forcement of the lisn or torteiture of the Property or any part&rsreot �+ ;.�:•:` .!„'�I
<br /> S,Hkatd Uq�psnat.BoROwerehall keepthe imprOvementse�cw existing or hereatter erected on the Property insured +' � .
<br /> `� � againsiloss by fire.husrds included w(thin tt�e tartn"exte�ded d��age",end suCb 9ttter hazarda as Lertde'�may reqt�ite � � : ..,.
<br /> , � ; .,:,,,,;``-.i:
<br /> • • �'���•,;� andir+sachamountlan4torsuchperiodsasLendermay requi��ray�dedV�az�-endershailnoirequiret!i�c�s°amo.u:*�so7: ;�� , �,,:..,.+ .,.,�
<br /> • `°;,.. sueh coveraqe exceed that amount of covere9e repulred to pay�e sums�aurd by this Oeed af Trust :=;.�r;,; , ,
<br /> � Tf►isinsurancecarrierprovidingtheinsuranceshalllseChosenbvBorrarr.c-��bjecttoa�proD Ibylenda;�•�svide0.that ;�_ : .�,:
<br /> ' r f�� SucAapprov815haU not be unreasonably withhetd All premiums on insurance policiessha 1 be aid ia ttte!'��3*:�e►prOVided
<br /> '!:';r';;�' under paragrapA2 hereof ar.if not paid in sucb manner,by Bo�nwer making payment,when.lus,dic8c�'•f:�''�`t:�e insurance ;�
<br /> . �;'jrt�i��':�` CStt1Ef. ' ,
<br /> ��:.�:'•: Ail I�surance poticiesand renewaisthereot shall be inform zeeeptabte to Lender and sh��3•oC��de�r'�'tdard mortgag��,
<br /> ' `'� ctausainiavorofandinformacceptabletoLender.LendershatinavetherighttoholdtheRal:�r:r:�,d:.�-��ratsthereof,and�� , , I:,,,
<br /> Bonowerahal!prompUyturnishtoLendera0 renewal noticesan�atl receiptsol paid prem�u;r,�!is�e s����f ross.Borrower, .
<br /> �� shallgivepromPlnOZieetotheinsurancecarrlerandLenAer.Lendermaymakeproofottossifac�t•„raCe�x^�r��ybyBorrower. .. , ,
<br /> 1lntesstenderand8onoweratherwlaeagreeinwriUrtg,lnsuranceproceedsshallbeappiieC;�cestar�fra^orrepairotthe �� . •
<br /> � � property dama�ed,proviCeO such restoratton or repair is economically feasibte and the sec.u.+'��•�af this�of Truat is no!
<br /> �°;�>-� thereby impaired.N suct►restoratlon or repair is not economicaliy teasibte or if the securttY at:�-�;s Deed of Trust woutd ba .
<br /> � ' `�0`�; impaire0.the insu�anCe proceeds8hall be a�Dplted to the sums secured by this Oeed ot Trr,c�+'.v�+��i the excess,if any,paid to f�
<br /> . �.,`':` Borrawer.N the PrppeRy is abandoned by Bonawer,or il6orrawer tails to respond to Ler.Alc�Ar.fhin 30 Gays trom the dat� 4
<br /> notice is maited by Lender to BOrrower that the i�surance carrier oifers to settte a ctaim f;�r�r:rsance Oenetits,Lender is
<br /> � '� authorjzedtocolfdCtandeppty�theinautanCeproceedsetLende►'soptioneithe�t�restora�;.+�.trrevaircft�QProperlyotto ;
<br /> � � ��'<<�•�` the aums aacured by thi�Deea o1 T►ust � � '
<br /> I..,,',���� '� � n n'r��+
<br /> Untes9LenderandBorrowerothe�wiseagreeinwrlting.anysuchapptica�ia;�ofproceeda��a�!^r..::��,�.'�7notextenQor
<br /> ' •;,'.<;���.';i,�:;�:. poatpcne the due date of tbe monthty instaltmenss referred to�n paragrephs 1 and 2 herecF Fr•��.�-;,e�t°a�rQunt ot s:s.h >`
<br /> , .:;�'';.,,,,• :.?� � installmenbJf unQer pa�a9raPh 18 hereof the PropBRy is acquired by lender,all righL tiUe ar�i�r�!c�i wr:avrer in a.r�14a
<br /> anyinsuranoepoficie�andinandtothep��eedsihereolresultinghomdamagetolhePro��lir�L`�.*i��h2Sd:2o►a�q ��"i�r� ,f
<br /> �"��' st�a11 pas�to Lender to the extent ol tbe suma secured by this Deed o1 Trust�mmediately R:��:a"•s3 sac h s�:c or ecquisitrG�.
<br /> ' . . 0. P►NevaltonandMaMt�nsne�olP�opiA!►:I.�ai�hotd�:C�ndort�iniut�es:Pl�nnMUnitGw 3onowershatt� - ! '
<br /> a . �i keep the Properly in good repair an0 ah811 rtat Commitwa9te or permit impairc^ent of deterioraUon o the PJageRy and shall � •
<br /> • � comply witbtheprovisioneotanyleaseilthis0eedotTrustisonaleasehofd.ItEnisOeedotTrustisonaunitinacondominium , _
<br /> '" �, ot a pianned unit devetopmenL 8orrowgr shall perform all ot Borrawer's obligations under the dectaretlon or covenanta , ,
<br /> Crea�inq or governing the condominium or planned und Qevelapment,the by-taws and�egutations ot the condominium or ';
<br /> p!anned u�ii devetopmenL and constituent documents.If a con�ominium or ptanned unit developmeM rider is excuted by
<br /> �,; Borrower artd r�tArdedtosether witMhis Oeed o1 Trus�the covenantsand agreements ot sucb nder shatl be incorporalCd� ' -
<br /> �.(, ,� inioaRdsAaitamendendsup�temenithecovenantsendagreemeotsa1thieE�eedotTrustasitther1derwereaparthereof. , � •,
<br /> �, proNetlpnotL�n�°�S�eurft�l.ltBorrowetfe�istopertormthecovenarS�andagteementscontain�d;nthi90eedot �a •
<br /> ;,. �{ `udtng but noi .
<br /> _,� TrusL or itany actionor proeeeding ia commenced with materiatty aNects LenQErs`4�terest in the P�operry.ir::� .
<br /> • Iimitedt0.em.mentoamain,insotvency,CO�tenforcemenl,ore�rangemenisorpruc�eC;n3s:r�:��►ringabankruptorCeCedent i
<br /> ��� tHen Lend�r at LendBr'�opUOn.uporsnos�ceto Batrower,may make such appeara:sces.a-`Jzwse sucb sums and take s�ch '�� , ,
<br /> 8cd0�asi9necessarytoprotectLendeisinferesLinctuding.butnofiimitedto,disburs����tcS�reasonableattomey'sfee�a�^J �• .
<br /> en�y upOnthePropertytomakerepaifS.ifLend9rrequiredmaKgageinsurartceasacer.�S.s?i+��:clmakingtheloanseCC*�Pti ;
<br /> �.�; ,` ' ' � the Dee�ot Trust Botrower shatl pay the premiums required lo maintain such insurG'�:��ia etteCl until such time 2:.�1fi: '
<br /> �:;��:., , � � , requiremenitOtsucAinsurancetermin8tesinaccordanCewith8orrower'sandLer•�er'swrittenagreementorappticalbetaH. �7
<br /> �'<<'� � Borrawer sh81f paythe amount o1811 mortgage insurance permiums in the m.ar.cer provided under paragraph 2 hereot {._ .
<br /> � Any amounb disbursed Dy lender pursuant to thls Qaragraph T, wah ihterest thereon, shall 6ecome a�0i!.•a^a1
<br /> indebfedrtessot8orrowetsecuredbythisOeedofTrust.Untess8otrowecandtenderagreetoothertermsofpayment,:,�.�h . ,
<br /> -•; � , , amounb shali be payable upon notitelrom Lender to 6orrower requestirtg payment hereot,and shall bear interest irorrr L�ra
<br /> y � , dateoldisburseTentattfleratepayabfefromtimstotimeontlu's'�ndmgp r1nC�AatunderthANoteun��s9payrr�entatir,a:ev�=r�" -
<br /> at sucA rate waufd be contsary toapplieable law.in which event such amounts sha11 bear�nterest at the h�ghe=t�°�1?
<br /> ?' � ' permissibleunQerapplica6telaw.Nothingcantainedinthisparagraph7shaltrequirelendertoineuranyexpenseortak�u�y
<br /> , -�';• actiort hereunder. �
<br /> � �, Insp�etloo.Lender may makeor eause to be made reasanabte entnes upon and inspeot�ons of the Properry.prow yaG
<br /> _ • thati_enQersNallgive6orrCwe�noticepriortoanysuchinspectionspec�tymgreasonabtecausetheretarerelated2oLertd:+`s
<br /> �; - �' ' interestintnePraperty.
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