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<br /> , . � f UNtFOFiMCOVEMANtS.BoROwerandlendercavenantartda�raeastoltawx�; � ��:' �t r._-
<br /> . • . ' ' • �.p�y�MM d lei�xi�t an0 MMrNL Borrower shdit piompthl PaY+�n Que the.prirtapat.af and tnterest ort the ° �'�t�..,:: - �,;;yn,
<br /> . . - ` indebkQMSSev+dance0b�11heNuls�PnlOa tandtaeec�argesasprov�dedintheNate.andtheprmcipato/andir�tere�ton " --.;:`�{_:
<br /> . any WNte/IdvanC�ssecursd by►lhe of Trust ' # ` �v-
<br /> .. � ' 2 Fa�bsTlaeMirl0MN�1C+ lOSppGea6lettwortoswiipenwaiyerCyLender.BORdW@f8flai a�sum�der ;`�. :_ , .
<br /> `_ `, onlheday�on��Fin�Rn�soty�i�andin�r�tartp�ysDteundertheNa�.undttheNo�eisP�dm f�e� `. _•.,-- .
<br /> -� . �. �< ` "FunQ�")equN to.ansri�wlNh oti�.ye�rht taxes and�sseasments wt�icA may at�n pnority over tlus Oeed oi Trust.artd _ ;�' , . , _.
<br /> grottndtbt�ifoAi�ArCpaty.i��nY:Plt�onsrtw�otyeactyPrEmiumin3i�mentsforhazer0�asuranc�Piu�one-tweitthot �• � ' _ "�
<br /> . i • y �t]t;premium inafatlmaets.tor m��g�Fnsurance.rt arry,atl as reasonabiy est�mateA initiaityt and firom trme to time by = , �--
<br /> . � len�er on tl�s buisof as�a�smer►�u�d bilta�rM reasonable estimates iheroot : � . S-
<br />- . ` • Tl+eFundashallbehMdinaninatiWtiQnit�edepositsaraccour�otwhicharoinsuredorguaranteed.b�aFede*alorsmte �:
<br />' � �. .: �• . ... agenay(inclt�Q'i�p Lend�ii Lender is.wds an in�iitution).Lender shall apply the fii�Es tc pay stid taxe�.a�sessments. , - �-L=
<br /> � • . _ insurar�o�Ptan�x�aarbOroundreM�.Lendermagnotcha�getorsahotdingandapptyingtAeFunds.anph�ssnSsaidaccount ,. .
<br /> , , , � � a�an�cpmpr1inysaldasse�nenbandb�lte.untessLenderpaysBorrowerin�tantt�eFund�Candapptica� htetaw ` . �•
<br /> � pe�n ibla�dartotnafc�suct►acha�ge.8aaowerandlA�d��+�Ye9roemwcitingatthetimeote�cecuttvrtolthisDsedofT►ust '
<br /> � R <r: '.• : . {Mt inlerest on ths Funds shail be p�id to k3ortowe►•and unlass secb a reement is made or applicalbe faw requires such �
<br /> :.�.:.
<br /> -�- _ ���pepsi4lendershetlm7tbsre4uiredtopay8oaowesarry_iatesrestareamingsontheFunds.l.endershatlgirete j ;
<br /> , • ��=-� ' � Bonower.�riftwut dfluQe.an a�naa#i fccouMin9 of 1he F�mds st�owmg c�ts and debils to the Furtds and the G��setor .-
<br /> ` ! ' �t' yyt�j�heaeAdebdtQtheFunEsv�as'fosde-Tt►eFundsareptedqedasadditionalsecuricytorMeaumssecuredbythis�eedot �. <�
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<br /> . s`� - - T��' . I,ender_i�egetherwiththetuwremonthtyinstafimentsoiFundspayabtepriortothedue ` --- ,- -'�
<br /> � IftheartwittttNfthetundsltetd6�[ .. � , ,�,
<br /> � dates of tauces.a�sxnen�s,ans�:►'�ce P��and ground rer►ts.shali exceed the amount�equired sn pay said ta�ces, 4 ,
<br />. , , . � � . �erits;;i�viaace pr�rauins,and� r+ents as th a11 due.sucb excess shatl be.at Borr�',�.opticn.either Y . .
<br /> '�'- ��p gp������s�vreron�y iostaliments ot Funds.If the amoontu�t�s:�isrsi�s 1sfelsf by � .=-�r
<br /> . . ;� <==:;� ,, � � �t �otbewfticieatW�ay�e�as�ertCS ins'�''�P�emiumsandgraundrenisastl�eyf$iir,��!;?iw�s8air . � • , -• _ ` -.`-�-
<br /> � , . . p�q��o:GenOer an amaunt�t4 ma!"se�'T?the deficiency within 90 days Bam the date notice is m�1.�3ty�er ia _
<br /> � ' , � BoROwet ro4u�n�PaYment tBereOt �� ..�� . . .. -��-`s�
<br /> � � ' Uponpaymantiniullofat�aumssecuredbyt�+�sDeedofTrust,lendersFr�prompttyrefundtoBa�zYFurnlshetdby � `;:�,���
<br /> . . Lertde►.tfuaderparagrapAtBhereotthePro��y�ssotdorthePropertyzs,r�ierwisaaa9uiredbyLerc�t�ndershatlappty. . '�.�,.-:--
<br /> � ' rtolaterthanimmediatetyprlartotheaaleoftnePropertyoritsac u�sitcontnrLender,andFundshefQ��u�iQeratthetimeot � _��_
<br /> . _ , . . application as a credit apainst the sums secured by Mis Deed of�rust � : . ...� . �e
<br /> ' l �.. � . � 3.Appl�eafTonp/Psy�Mnb.ttnfessappheabtefawp�aviQesotherwise.allpaymentsreceivedtlyLBRderundertheNote . . �
<br /> and para raphs 1 end 2 hereaf shatl ba appiied by Lender first in payment of amounts payabte to Lender by Borrower under ' �
<br /> ;" , i para,�2heceol,thentointerestpayabteonlheNote,tfientolhep�ncipatoitheNOte,arritthentointeres�andpnncipalon , , , ,:�,
<br /> ;� ° .. anyFudirelldvartcea • � � . . � �
<br /> ' �� i 4,�;LiM��.Borrowersshailpayaiita�ces.as9essmentsandathercharges.finesanaimpes�idnsamibutabletotrie 3
<br /> ' � '• '• property wfiich�iiay attain 8 p�forit�over tbis Oeed ot Trust and teasehatd paymeats or ground rents,ii any,in the manner �
<br /> � , `• :�i'=`;-''.. ' p�OYided u�1dE1 peTe�teW12 lsE�e�t or,if not paid in such msnner.by Borrower makitrg�ayrtrenQ when due,directty to the `
<br /> � j . ' � �ayee thereot 8onower shaEt:�t".�mp�d�yfumish to Lender��!��tices ot amountad�e u�tt�is paragraph,and in the event � (I„..,; �`,..
<br /> Bonower ahall makepa yrt�?f+�iteCa!►+ Bonower aha0 P. ,�.��tty fumish to Lendetseaa�ts evfdencing such pay?nenis. , ,_ ,-
<br /> i . , , `}�i , 8orcower shall prompUy dist5.:�r�any lien which has Dnorfi!over thispee d o1 TruSt,-�r��ided,that Borrower sha:t rtat be ,. �
<br /> i . _ .. ..� !f� requiredtodlschar�eany s�uchiiertsotonyas8orrowershallagreeinwri�dlt�thepayrtie�oftheobiigatiansecure0bysuch ; ;y.,�,�
<br /> t�enmamanneracceplabtetoLtnder,or-Shalfingoodtaithcontestsuchls�by,ordefendentorCemc-xt'atsuchlier�in,legal � .. .�.:.:•
<br /> � � '��' prxeedings which operate to Prevent the enforcemaM of the iien or tod�rlura of the�!�?eRY or a��C�rt thereqf. � r';,,;_;,�
<br /> # ;'..� •, ,:�,
<br /> .- - _-_ - _ � 9,ktuaza[nsu►ane�.Borrawer shall keepthe improveme�ts now existing or here2°+�erected an'fne Property insured :,. , _ , ,.,__ , ,
<br /> a�inst toss by fi�e,hazards intludeC within the term"exienQed coverage".art�sucF o:ar�ha�r6s as Lendeo�ay�equiro . :� -
<br /> � a:din such em0ur�s andtor such periods as Lender mey requi�e;provided,thet Ler.�e?�:�aii not require that the amount of
<br /> suct�coverage exceed that amount ol coverage repuired to pay the sums secured tijr"tA,:s Deed ot T�ust . • ; •
<br /> ' ?hisinsurancecarrierprovidingtheinsuranceshailbechosenbyBonawersubjecttoa�provalbyLender,proviQed,that . ,
<br /> such approval shail not be unreasonabty w�thhela.Atl premiums on msuru ce pot:cies shafl bs paid m the manner prov�ded . .,; ��
<br /> . � under paragraph 2 hereot or,it not paid in suCb manner,by Barrower mat«rn payment,when due,duectly to the insurance ..���•
<br /> � carrter. � ' ,
<br /> Aii insu►ance policies and renewats thereol shall be in torm acceptable ta i.er�+a�d shaU inciude a standard moRgage
<br /> # clause iniavor of and intorm acceptable to Lender.Lendershail have the ng.ri to hc.a:`%s policies and renewats therecf.arrd ;
<br /> BoRpwershailprompttyfumisbtoLenQeratirenewat�oficesandattrecei�:��ipa+dpremiums.lntheeventotloss.BOrrower *� ,•
<br /> ` shailgivepromptnoUcetatheinsurance�arrierandl.ender.Lendermay�!keproofoffossitrtotmadepromptlyby6orrower. '.:�;r,_
<br /> • . �, UnleasLenderandBorrowerotherwisea3l'�inwriting.insurancepr:r�=dsshallbeappliedtorestWrauonorrepairafthe • . . ��; ;
<br /> � ' p�operry damage0,ptovlded such restorar:cr.�or repair is economicaltyf�,bte and the security of tr.S Deed ot Trust is not ,; ?c',,.r.;;•'-
<br /> ` � � • thereby�mpairod.tf such restoration or�eF`air is not economicalty feasiD�e or i1 the security of{his Deed of Trust woutd be , •
<br /> �!^,�aired,the insurance proCeeds shall be apptiedto the sums secured by this Deed ot Trusf.with the excess.if ar�;•�aid to • .
<br /> ; � B�Onower.N the P�operry is abandoned by Borrower,or if B�rrower tsils to respand to Lender within 30 days fraT�:��e date .
<br /> natice is maile0 by Lendet to 8o�tower that the insurance carrier otters to settle a claim fpr insurance benefits,i:ender is . ,
<br /> � • authorized to co�tect,and apDtYthe insurance proceedsat Lende�'s oGt�o�either to restoration or repair ot the PropeAy or to ,
<br /> the aums seCUred by this Oeed ot?rusL
<br /> Untess�ende�and Borrower otherwise agree in writirtg,any s1�a�t�3�=':�n of proceeds t�princiDa►shall not extend or
<br /> .;. �, ' po stpone the due date of the montMy installments referred to�n par�--.,�.�r;1 and 2 hereot or change the amount ot such
<br /> • ' � ~ • • instetlments.lf under paragraph 18 hereol the ProDertSl is asC�u"ed by 1.er.�:r,au r�^ra 1.:"e and i r�or tolhesate o ar��s t�'�on
<br /> ' any insurance policies and irt and tathe p►aCeedsthereof rr�:,;�,nglrom tlamageto�,.%rc%�erty p ,>
<br /> . �. • shall pass to Lender to the extent of the sums secured by th�s Oeed of Trust�mmea atta� wr�or to such sate or acqu�s:Tron. ,
<br /> 0, pr�rdlonandM�int�nana�olP�op�rty:L�aNholds;ConQominiums;Ptanneailnil0evalo �nts.8orro+vershall
<br /> ' keep the Property in good repair and a hal l not cammit waste or permit im�a�rment o1 doterioration c �he Property artd shall
<br /> �, : comptvw+ththeprovlsionsofanyteaseitth?9QeedofTrustisonaleasehod.Nth�sOeedofTrustiscn��ndinacondominium
<br /> or e p(anned unit devetopment.Barrower Shall pertorm all ot Borro��rer'9 Obligations under the dec.arat�an or Covenants
<br /> �� Creating or governing the condominium or planned enit deve�opmant,the bytaws and regulatiOns Of the condommium or
<br /> � } �;�nned unR developmenQ and constituent doCUments.If a condomimum or planned unit development nder is excuted by
<br /> �;. , ( �5rrowe�end recorded togetaec wilh this Oeed ot Trust.the couenants and�greements ot such r�der shAlt be incorporated
<br /> ; � into and ahefl amend en0 su��•emeM tfie eavenanfs�►nd AgreemFnts ot Ih�,Oeed oi 7�ust As�t the nder werv a paR hereof.
<br /> ' r.•proNtUonp���K's g�udty.lf Bortower tads to perform the Covenants and agreaments contamed m lhis Oeed o}
<br /> �' .'� � Trust or i1 any action or proCeeding i9 commenced with matenaUy at/ecta Lei�der's mtetest in the Praperty.inciud�ng but nof
<br /> � • limitedto,eminentdomaln,ir�otvenCy.COdeentorcement,orarrang@mentsorproceedmgsmvo►v�ngabankruptordecedent
<br /> � i then Lender at Lender'a op�o^:uponnotieeto Borrower.may maka such appearances,d�sbursa such sums and take such
<br /> � . acUonasi�necessarytoprQ:ectLender'Slnteres�including,butnotlimitedto.disbursementofreasonablaattorrtoysteesan0
<br /> ',..+r. enby upo�MeP�opertytort^.axerepairs.8l.enderrequiredmoK ageinsuraacva9acond�6onotmahmytheioansecuredby
<br /> � � the Deed of Trusf.BOrrower shall nay the Oremiuma reqw�ed
<br /> o matntain sucri msurance i��eNect unt�1 sucR t�me as the
<br /> � [equirementfOrsuahinsuranCeterminates�naccordanCew�th8orrowersandlgndersw�itt�n��qreementorapplicatbelaw .
<br /> _ . _ _ , , _. . __g�rrouyy�st►AU pay the amaunt oi a1)mortgaga ineurence permwm9 in the manr.er pro��ded under paragraph 2 hereot.
<br /> ; Any amounte�disbursed �y Lender p+lrSUant to m�s aragraph 7, w�1h i❑teres! shercar., shal! 6QC4�^_°�d�le�i�nZl
<br /> indebfedrtesso!8otrowetsecured by this Oeed oltrusL Un�ess Borrewe►and lender agree to other termg at Qaymens,se,cn
<br /> + amounts shatl hepayaele'uFqa notice from LenCer to 6orrowei requesting payment ne�eot,and sha1�b�ar inte�est irvr+.tn��
<br /> ', `' dateotdisbursementatth�eatepayabletromtimetot�meanoutstanding pnncipalundertheNoteun;NSSpaymenlofinterest
<br /> � � at SuCh rete�would be eontrery to a�pt�cabte (aw.in whie�evenl such amounts shatt bear mterest At tne h�yhest r�te . ,
<br /> ' � - � � permtssroieunafeiapplicabfaia:+.�1GL.�r,g�ar.�38L�?R!!'!!S�3�a��3fihTghallrMfrnrolendPrtoincura»yeah6��S[olG7keanv � _ ._
<br /> � act�on herettnCer.
<br /> t � �, Ulp�e.Lender m�ymakeor Causeto be made reasonabie E+�tnes upan and�nspect�ans of tne P►epe�tv.prov�ded
<br /> i thet Lende�5";�1�yYe BOaower nohce prioNoany such inspetbrn specdymg reasbnab'e cause tneretCrN rN�,ited to LEnd�r's .
<br /> �:... . ' intetest in theFraFeRy. • ,
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