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<br /> � � . z-.. . t , ary r� b��worlQSwcipenwaiverDf►�ender.Bonawessha�iWYbEin¢e< < '- :t._;�,�s-'�:�
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<br /> �� ; , _ 'F U n d�'9��DO11�-lwfilM�ot ���whiCA rttuY a�ai� r�ordy Ov4r This OMd of Tru�t.and ,
<br /> . � `�� nMSOntMPr+oP«h►•N�f►. M uminstalfinentstorh_aza�d�nwraneaWusone-iweMfhaf . ., v
<br /> � . �y���yptNniwn inlldlnwrMs 1ot kt�tranOR d ariY.alt as n�so�abgl��iniEialN snd irom tims to tims by .
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<br /> � . , . _� (arideronlM4�fisot�rnQaltl�rsc.'sa�ot�ls�dterw! � _ __ _{,°__ "
<br /> Th�Funds�AMlb�hNdinanirpAitutionlf�dr0a!�araccounlsolwNiChsreinsuredor0��.b1►aFederataWts ?.
<br /> �� •- `' Lu�du H L��da is sitN►in ira�ttion�L�nda�stW1 appty tlre funds topay sa+d taxe�ast�sur�ents.
<br /> , , . ... . nwracM.y�a�Op+ow�drerM�.L�t�adermsfrnoEChar�elarsoholdi�ge�d��DPh�9lhsFund���gs�account
<br /> . - - a����q��qs�qnrntiand '�Ih.0�Lu�derp�s 9�rtowe[uMeraatontheFur�dsancia�� �1 : . ._ . -
<br /> ' p�rm�lsLK�bmak�wehacAa��9o���ndl mnraprw- inwrian��hetimeaex�ut�o�aai�s � - -
<br /> • that inl�niat on MM Faaidt thNl t�t P�b Botrawar,and uMess weh a�roement is rtibe.or�tarrrequir such _ .
<br /> � interostbb�p� L,�id�rshalinotbt�equirodbP�YBorrawaranym�estora[n onthe urtOsLenderstw1l�qiYelo �; :._.:::_L;.�--_ :.
<br /> __°-,- - - • 8oao+�nr.will�t���.anannuMmad�Ths°Fui�areWed�eQa�addib'�cr�at�se�writYfa�es mss�ecur�ed4�U��sO�eed�. � ,_.•_:,.,�ti::, ,,_-�-�. - -
<br /> whicbe�chd�bitbth�Fendswss e�wri _-
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<br /> . T�eamounldlhefundshsl4AflE/��►b0a�wiftflhefuWremontlMtinshttmCntsofFundsPsYAMePriortothedue � , . �� y ".,�
<br /> , . - dalp ol tvcM.i#�4•inwranee Vriwniums arb prounQ renta.shalf ezcaed the amount uked to psy said ta�ces. t ' •; _ �
<br /> assessn�b,insur�O��wns snd�mu nd te�s as tAey fatl due,such'eucoess st�►bR at�owers option.eilAer `,4•��
<br /> to Bor�awer or ctadil�d b�orrower on monihty insfaNments d Fu�It fAe amouM of the Funds he�d 61I . ►- . - -
<br /> � ' ` . M N�lIt�1�6lw1fiCie�tbqyfvices.�p�.insuran�eprerttiumsand�r�snadtedtbes�UlEytallduB.Bw�owetshail . � .• °;. -:
<br /> .` ° � y b Lendar an amaurtt necesa+ufl b make up the d e f i c t e ncy w i ffi�n 3 0 d a y s f�o m�e d a t e n o G c e i s m a�l e d b y C e n d E�t u " `•��
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<br /> pa'�°��oaa�",�„n�,�„r�db�this[kedofTnttt.Le�de�sh�lps�t�du�m�weranyFundsheidby < .. .
<br /> � ` � - � • �I(��lMa�raphl8hsraaHfNPt�ty issotdorlhePropeRyisolher�isesc�.uredbYLender.LendershallapPtY•� .,,
<br /> ` �. `. ! �ratalerthani�1et�lPrior�othssalsotiMeProperylorilsacqmsibonbyLenderarrs3fccndsheldbl►lenderattheUmeof ; , ... ' �'•�=
<br /> ,.�. � appfii�4on as sp�inst the wms secu�ed by tb�s Oeed of TruaR ;� ,r.; ,�n
<br /> ,� • �ppite�Yond ��,UnlessappticaWetaw proviAesothecwise.aupaymerusc�eceivedbyLenAerundertheNOte � ; _
<br /> ` • � 1 and'27Nfeof shill beapptied by Lender firat in payrt�ent nt amounb Oaf��to Lender by Bonowet under w� :�. .'s
<br /> � _.... . -. � 2 f.thentointerestpaYaWeontheFlote.fhentotheP�ncipat�rftheNOt�andHrontoinle►estandPri�cip�o� . -` . -- - --
<br /> I1dvance�.
<br /> ' ��„��t�ns,garowe�s�al1paYalltaxes.assessrt�entsandotherctiargesrfinesandimpositionsattributabtetothe � � �_ _ �
<br /> � , FikA mty stoein apriorily ovu i�is Deed of TnaL and teasehofd paYmenis a►'�ound�enb.if any.in the manner [ . • -
<br /> , � ,��u��agraph 21�erop1 pr.if not paid 3n such manner.by Bonower mat�rr�. yment when du�.directiy c4 9�e i ; . �..
<br /> ;,,';;, : . �yee�hereot,gprrowe►shallpromptlyfumi�htoLenderalinoticesotamaurttsdpe�thisparagraph.andin�eevent . `
<br /> � �oirowet shatt qiaks psyrt�t dirocdy.Banawer shall omPtly turri�t.'z�end�r�8ipis evidencing suCh payment� � ; ,
<br /> ;;t ; Borrower sh��ilp romptryr diachar�e arry tlen afrtch has p�irityr over th" ,i3�3'ot T�usk Provided.that 9orrawer sha0 not De � � .
<br /> . � . reqt�iredbdisc+sa�9e suci�liensolonges8orrowershalisgreeio .�Y�thepaYme�toftheobtigationsecuredbysu�h , k , �i ;;
<br />�;`•i�;,;i,,r.:� � ...� I , lien In a rt��t�ef��b i.�sder,a shall in�ood faifA,.ca�fi'�o torf@'fi eYOt��[�illiehy o an11 DaKa��et.n in_feqa� , ..'.' ._ .. .
<br /> .,,:5:;.'`.' ptoc��dingswhiChOplrhe'Eb.�eventtllelnfOfCE�l�entlsE�E' ,. , ::,, _
<br /> � � ' ..�.i�l�sa�d I�anc�,Bpnz,we►shall keep the imprc�s'r�now e�isting or Kei�ft�rgrected on the Propeny��iu�4 � • ,`. '
<br /> .,.,:;�:....
<br /> . � , agrinsttasahYflre�hazardsiRCiudedwHhintheterm"ex�e.','�dcova►a�e."•andau�s:riiserhszardsasLendermayra�ire ' }.f;�:''v:•,` , f. _
<br /> ; -- --_ - and in such amoums and for sucfi periods as Lender rtwY r�quir�e si��6�ea byathis�0e d o�Trust�the ssrtoun4o! �I_.. :-':_:: ` -:
<br /> :;:; ; such cave►a�e e�cceed lhat amount of coverage reqmred to pay .
<br /> ThiainsurancecaMerprovidingtheinsurances6a11bechosenby 8cr'rnwersublecttoapprovaiby Len4er,provided.Mat
<br /> suCh approv�l ihail not be un�easonably wilhhetQ Ail prem{u:ns on insurance potiCies sha1�bepa id in tha manner provided
<br /> • ur,de�paragraph 2 hereot or,it�ot paid in such manner,bg 9orrawer making payment,wNen due,directiy to the insurance
<br /> . ,� . carrier. .
<br /> , � Atl insurancepOticies a�d renewalstheteof sAall be in fom►acceptabteto Lender and shatt incfude a standard moRgaga �
<br /> ClauseiofavOr�fandinformaccePtabietoLei!de►.LendershSllhavetherighttohotdthepoliCiesanOrenewalsthereotan0 , ,
<br /> � Borrowershall�rofipttYfumisbtolendera[ri�-�ewalnoticesandaDreceiptsofpaidpremiums.lnthee�entofloss.Borrowe�
<br /> y}����ivepramptnot�cetotheinsuranCac�7i��ndl.ender.Lendermaymakeproototiossif�otmadepromptlybyBOrrower.
<br /> } ' : � � , UnteasLenderandBonowe�otherwisea�'aelnwt�Ung,i�surance�roceede�hail6eapptiedtorestorationorrepsirofMe , ,
<br /> ' prt�yeAy dams9ed provided�►esto tion o�repair is economiqlty teaaible an4 fts�5ecuriN ot this Oeed ot Truat is not
<br /> .r ,,:.t'.
<br /> • � . r . ��by imDaired.N aucb r�r�fr.,n or r ir is not economicafly feasibie or it ihe��a�nt-�of fhis Deed ot Trust vya�l�d be :.,
<br /> � � impaireA.tf18 inaurance p ��- �, shsll be apptied to the aums secured by�his DeeQ at.Titist with the excess,if ars:¢,{s�i:�to ,�.-,.;
<br /> gpnpwp�,�}�prapeAy�s ndoned by Bonower.or il8orrower faits to r8spond ta�12nder within 30 days Nrr�7�'Ye�3ate
<br /> •�-�: , , nOtice is maited by Lender to BoROwer tt�at the insurance carrier offe�u��eHle a ctaim tor insurance benefitsrl:i'��Ser is .
<br /> � authaized tocolkct and apply�the insurence proceedsat Lertdera optidrr�:it�erto restoration or repair at the Pr��r-�orto
<br /> +,�r• •. • Me aums aecured by this Deea ot TrusL ��. �
<br /> � Un�esslenderand8otrowerotheaaiseagreeinwrfting.anysuchapplicationotproceedstoprincipalshalinot�v�ctr�flor '
<br /> • � the dus date of the monthfy inat8lhnenb referreC to In paragraphs 1 artd 2 hereot or Chanpe the amou.r'�:x3uch ,
<br /> nstailmend.lf under para9raph 18 hereolthe Properry ls acqUireO by Lender,a►1 righ�Gtte and interest ot 8orroae�3it�:�d to
<br /> ' anyinsursncepNiciesandioandtoMeproceedsthereot�esuttingtromdamagetothaPropeAypriortotheaaieaas.4�ugition
<br /> �e��py�W LepOer tp the extoM of the sums seCUred(sythis Oeed ot Trust immediatety p�lar to such.sate o�acqu��sition.
<br /> � I �. Pn�s�onsndMalnNnanc�atPropMY:i.�aa�hotds:Condominiwns�Ptann�dUnilD�vNopinoMM.Bor�owershail � .
<br /> keep tfie Prope ry= �n good repair and ahatt nat!:ommit waste cr pe�mit impeirment o1 deterioration at�t�e PropeRy and shall
<br /> 7 Compi wltbtheCfavisionsatanyteaseittR�s�eeOofTrustiso�aleasehofd.tfthisOeedolTrustisonaunitinacondOminium
<br /> ar a p�anneQ�crtt�eve►aac�ent Borrower y�e.f Reoform at!of Borrowers obligatiorts u�+der the declaration or cevenants , ,
<br /> Creating or qevee":crg 6te cersc�ominium or p'_a.^tneQ unit devetopment,tha bylaws artG r�gulations of the condorranium or
<br /> .,� ' p�enned uni�deue�3D�nt and constituent dee�ments.N a cendominium or ptanned�unii Qevetopment rider is ex�utsd by
<br /> Borrawet and c�ec�ded topether wlth this Oeed ot trust,the covenants an0 a�gr�emersts of auch nder ahaD be irtcorporated
<br /> . %•�';. ; into and ahali au�erid and aupp�ame�tthe ca�renanis andagreements of this Deed ot Trust as i1 theriQe�weta a paA hereol.
<br /> t��. �, /���pe a11,�rs S�ewNy.It Borrower faiis to pertorm the covenenb an0 agreemen�cantained in this Oeed oi
<br /> .'t Trust,orifany actionaptoceeding�scommencedwithmaterialtyaftectsLende�'aintecestinthePropeRy.lnetudingbutnot
<br /> ,�� � timitedto.emfnentdomsin.i�SOlvency,codeentoroemento�errangementsorproceedingsinvotvingabankru�tor�enb
<br /> then Lender af Lenders option,upon notice to Borrower,may make such appearances,disburse 9uch sums and take such
<br /> ` actionasisnecessarytoprotettLender'sinteresf.lncfud�ng.butnotlimitedto.dishursemento�reasonableattorney'sfee�and
<br /> '�' , • en upanthePropertytomakerepairs.!lLender�e4uiredmoR�ge�nsu�anceasacond�tionotmakingthetoansecuredby
<br /> i ' the o}T�usb Borrawer shall pay lhepremiums required o maintain such�nsurance�n eNect untii sucb time as the
<br /> � requiremeniforsuchinsuranceterminatesmaccordancewithBorrawer'sandlertder'swrittenagreernentorapptiCalbetaw.
<br /> � Borrowbr sha110aY the amount ot alI moA$age Insurance permiums in the manner provide0 unde�paragrapri 2 hereot.
<br /> �:. , Any.a� mount�d�sburaed by Lender pursuant to this�aragreph 7. w�th intereat tnerean, sha�l become edditionat
<br /> -�-- — �/1�b�iii6SSO��iOtfBwsr�use�lsflh�..0e�otTrustUnes48orrowerandLenderaRreetoothertermsotpaymentsuch
<br /> . amounts shall be payabte upan noticatrom Lender to Borrower requesling pa�ment hereof,an�st�att dear inte�est framthe
<br /> '� � , � ' d3teotdisbur,temeMattheratepayableirors►timetoti�eon�utstan�mg dnCpa�underth@NoteunteSSpaymeMotinte�est
<br /> i 81 sueh rata weuld be Contrary to appUcabte taw.in wh�ch event sueR amounts ShaU bear inferesl af the h�ghest�ate
<br /> � � petmissibleunGerapp�1cehtetaw.Notf�1ngconteinedinthisparagraphTshal1reqwreLendertoincuranyeapenseortakeany
<br /> - '�.. -- - _ t gZN�!lhoul�jnA�e. - , .
<br /> �� �'� � �In�pelion.tendermayrnakeorcausetobemadereasonableentriesuponandlnspeCtion9aime*►oper�y-ar���►
<br /> "-` � ` thatLenQershaltgive6orroweraot�Cepnartoanysuch�nspechor.specify�ngreasonabtecausetheretoreretaledtoLenders
<br /> ' ��` � interest in thb PropeAy .
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