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<br /> ' UNIFORM COVENANTS.Borrower and Lender coven»nt end t+gree as lollow9 � ' . °-__
<br /> � I 1, p��m�nt ot P�Inalp�l �ed Iqlen�l. Borrower ahall promplly pey when due the pnnapAl ot nnd mte�est on Ihe : � r•..�
<br /> indebtetlness avidenced by the Note,prepayment and late chnrpes as prov�ded�n the Note,and tho prmc�pel of And mte►eal o� - . _
<br /> , ' any Future AdvenCea eecured by the Oeed ol Trusl. �
<br /> • ! Z. Fund�laT�KN�nd In�ur��c�.3ubltlCtlo appllteble 18w or IoA wniten wawer by Lender,Borrower ahall pay to Lendor �
<br /> � onthedaymonlhlyinetellmenteol princlpalandfntereslarepayAbleunderlheNote.unliltheNate�spaidinlull,asumlhere�n
<br /> � "Funds")oqual t:,onfl•twelRh of the yearly te�ea end assessmenls whlch may ettein pnonty over Ih1a Deed ol Truat,and •
<br /> proundrentsontheProperty.lfdny,plueone-twelflhof Yearlypremluminetellmentsforhezardmaurance,plusone-twelHhoi
<br /> y9erly premium Inetallmenle for moAgepe►naurance.11 eny.all ae reasonably esNmeted Inlllally and from tlme to Ilme by
<br /> � Lender on the besle ol asaenimente andbilln and reasonable estimates Ihereol. ,
<br /> The funde ehall beheld m an mslitutlon thedepoeltsoraccounis of whlch are insured or gunranteed,by a Federal or atete
<br /> agency(Including Lender II Lendet iA auCh an fnelltutlon�.l.ender shell apply Ihe lunds to pey eaid lexes,asseaemente, ;
<br /> innu�ancepremiumsandgroundrents.LendermaynotchargelorsoholdingandepplyfngtheFunde,analyz�ngeaideccou�t ,
<br /> , . or verltyinp and compiHng aeid asseasments and bflls unleas Lender paya Borrawer intereat on ihe Funds and applicable law �
<br /> permds Lender to make such a cha�ye.6or�ower and Lender may agreein wnting a!the tlme ot execullon ollhis Deed ol Trust j
<br /> 4 that interest on the Funds shall be pacd to Borrower,and unless such ugreement is made or eppIlcalbn law�equlres such
<br /> �ntereat to 0e paid,Lender shall not be requfred to pay Bor�ower any interest or earnings on tr.a Funds Lender shell g�ve t�a
<br /> � Bo�rower.wdhout Charge,en annual accounting o11he Funds show�ng cred�ts and de6�is to 1�e Funds end ihe purpose 1�n
<br /> � which eacn deb�tto theFunda was made.The Funds are pledgea as addqional security lor the sums secured by fhis Deed a�
<br /> Truat.
<br /> If the Amount ot the lu�ds held by Lender,together w�th Ihe luture monthly mslallments ot Funds peyable pnor fo ihe due
<br /> � � dates ot taxes,as9esaments, �nsurance premfums and ground renis.shall exzeed the amount required to pay said tnxes
<br /> assessments,insurance premfums and ground rents as they Ia11 due.such excess shell be.at Borrower's opt�on,eithe� '
<br /> i promptly repaid to 8orrower or credlted to Borrower on monthly installments ot Funda.II the smount ol the Funds held by � . :
<br /> ..ender shatf not bosufllcienl tnpey taxes.essessments,insurance premwms and ground rentsas they lall due Borrower shnli
<br /> pay to Lender a�y arrount neceasery to make u�tt�e deticlency w��h�n 30 days Irom tne dete notice is ma�led by Lender to ��'
<br /> � Borrower►equestmg payment Ihereof. •
<br /> �. Upon payment in full 01 all sums secured by 1h�s Dead of Trust.Lender shall promptly relund to Borrower any Funda held by � .
<br /> Lender.lf under p9ragraph 1B hereol lhe Property�s sold orthe Property is otherw�se acqu�red by lender,l.ander shall apply.
<br /> 1�' no Ieter Ihan immedfetely pno�t0 the sele of the Prupe►ry or its acqu�srt(on by Lender,and F u r�a field by Londer at Ihe t�me of
<br /> applicat�on as a credil agamat the a;.ma aecured by th�s Deed of Trust.
<br /> j 3. Appllc�llon of P�ym�nt�.Un'oss appl�cable law provides otherwise,n{I paymenls recaivetl by Lender under lhe Note
<br /> � and paregrapha 1 and 2 hereof shall be appNed by Lender hrst in payment ot amounts payable lo Lender by Borrower under
<br /> paragraph 2 hereof,then tointorestpayable on the Note,then to thepnncipal ol tna Note,and then to�nterest an�pnncipal on 4
<br /> , any Future Advances. !`
<br /> � 4. Ch����r;U�n�•Borrowers ahall pay all texea,asaessments and other charges,lines and�mposiUons attributablo to Ihe
<br /> �' � Property which may atlain a prlority over this Deed of Truat,and leasehold payments or ground rents.d a�y.m the manner
<br /> � prov+ded under peragraph 2 hereot or,if not peid in such manner,by Borrower making payment when due.d�reetly to the
<br /> �� payea Ihereof.Borrower shall pramptly furnish to Lender ell notices of amounts due under this paragraph,and m the eveni
<br /> � I Borrower a�all meke paymeM directly,Borrower shell promptly lu:rnsh to Lender receipts evidencing such pa ments.
<br /> ,; � 8orrower ahall promptly diecherge any i�en which has pr�nniy uvtl�th�s Oeed of Trust:prav:ded,ths!8o►�owe�shel�^��tip
<br /> requlred lo dlachargeany such I�en so long as Borrower shall agree�n writmg to the payment olthe obligauon socured by such
<br /> �j� I Ifen In a manner acceptab�e 10 Lender,or shall in g�od IaUh contest such lien by.or defend enforcement ol such Uen m,leqni
<br /> � � proceedings whlch aperate to prevent the enlorcement ot the lien or lorfe�ture oi the Property or any part Ihereol
<br /> ! I S• H�ssrd In�uranCl.Bo►rower ehall keep the improvemenls now e�isting ar hereafler erocted on th<!Property insured
<br /> � aga+n4��nna fiy fire.hetards i ncluded wNhin the term'extended coverage".and such olher hazards as Lender mey requ�re
<br /> end in auch emouMS and lo�such penods as�enuer may reqw�e,provi�ftlJ,liial Le��der�ha�l not raqwr�that tho amcunt:.'
<br /> •� ' such coverage exceed Ihat amount of coverage reqwred to pey Ihe sums sacured by this Oeed ot Trust
<br /> ?� Th�s�nsurance carner prov�dmg Ihe insurance shall ba chosRn by Borrowei s��b�ect to approval by Lender,provided,th�t
<br /> such approval shell not beunreasanably wrthheld All premiums on insurance polic�ea shali be paid��the manner provided
<br /> under paragreph 2 hereof or,d nat pald in such menner,by Borrower making puyment,when due,duectly to the insurance
<br /> � � carrier.
<br /> � � All insurance policles and renawals thereot shall be�n lorm acceptable to l.endc►r and shall�nclude a standard mohgage
<br /> � clause In lavo�ol end in form acceplableto Lender.Lendar shall have the nght to ho�d the policles and renewalsthereol,and
<br /> r Borrower shall promptly turrnsh to Lender all renewal nofices and all�eceipls o�pa�d prem�ums.In the event ot luss Borrowar
<br /> • �� i shell gfve prompt notice tothe msu�ence carrfer and Lender.Lender may meko proot of loss�I not mado promptly by Borrower
<br /> Unless Lender and Borrower olhe►wise agree in wnt�ng,msurance proceads sha�l be appl�ed to restoralion or repeir olthe
<br /> Property damaged,provlded such restoratlon or repan�s economically leas�ble and the secunty of ttus Deed ol Trust ia not
<br /> thereby impefred.II such restaat�an or repau�s not economically faas�ble or d the secunty ol this D�ed of Trust would be
<br /> ' impalred,the Insurance proCeeds shall be applied to lhe sums aecured by th�s Deod ol Trusl,with the excess.�t any,paid to
<br /> � Borrower.H Ihe Property�s abendoned by Borrower,or�f 9orrower fa�ls to respond to Lenda� w�thin 30 days trom the date
<br /> nolfce is malled by Lender to Borrower that the InsurAnce carr�er oHers lo setlte:�clnim for insurnnce benetds.Lender is
<br /> �� I the sums s cured bylh seDeed of Trust•ance proceeds at Lendor's option eitlier to rHSlorAtion or repa�r o1 the Proporty or to
<br /> � Unleas Lender and Borrower olherwise agree�n wnung.any such�ppl�c:�t�on o1 proceeds to pnnr,ipni snnll not extend or
<br /> :I i postpone the due date of Ihe monthly�nstallments reterred to�i�par+�grephs 1 nnd 2 I�t•reol or chtinge the amount ot such —
<br /> inatellments.II under paragraph 18hereof the Prope►ty�s acqu�red by Lende�.au ngnt.t�1fo and intorest ot 9oriower�n and to
<br /> i any Insurance policiesand In and tothe proceedalhereof resuHing lrom damnge to the Property pnor t0 the sale or nCqwS�UOn
<br /> ghell pass to Lender to the extent of Ihe sums secured by tliis Deetl of Trust�mmed�ntely pnui to such snlQ or acquisdion
<br /> �;. � 8. Pr�s�nrsllon and IWInl�nanes olProp�rty;Leas�holds;Condomfnlumr Planned Unll DevNopmen1�.8orrower shall
<br /> � keep the Proper1y In good repa�r and shall nol Commit waste or pornat�mpa�nnt�M ot dehenor.�tion ol the Property and sh�ll
<br /> 1� � comply w�th th9 prov�slonsof any lease Ilthis Deed ot Tru41�s on a ies�sohold II th�s Oeed o1 Trust�s on a unii�n A condomin�um
<br /> 1. � or a pfanned unit develoPment 8orrower shnll peHorm all ot Borrower's ohhgnhons under the declnraUOn or covenaMs
<br /> � creatmg or goveming Ihe condommium or piannetl unit development,the by�i+iws:+nd�egui�uons o�the condam�n�um or
<br /> � ' planned und developme�l,and tonst�tuent tlocuments It n candummium ur planned urnl devPlopmEV�t nde� is exCUted by
<br /> flOrrower nnd recorded together wdh this Deetl o�Trust,lh�r.ov��n:�nts ancl agr��emp��ts o�such nder sl�ail be�nCOrporafed
<br /> • �nto and sttAll;�mend nnd eu pplement Ihe covenants»nd aqrre��u�i�ts r�t th�_,(5��.��1��I Trust��a it thi�fl(�NI WPIt`A�Af1 I10fP0�
<br /> 7. Protectlon ot Lendu's Seeuf�ly.It t3riflqW��i I;I��s fn prrfi�rm th���irv���,;�rlr,ti:��l;iqrF•Fmenls conta�ned in tn�s peed af
<br /> ! TruSt,or i1 anr eCt�onor proceeding is cummencuU Wdh mt�t�nHliy.�flec.C.Leridei s����orest m the Property.mc.ludmg but not
<br /> . limited to.emineM domain,inaolvency,code enlarcement.or nrrnnpemFnts ar proceedings�nvolvmg 8 6onkiupl ot tlecede�t.
<br /> then Lender at Lender'8 apt►on,upon notice t�Borrower,mt+y makp such aippear�ineFS,d�sburso such sums and lake such
<br /> ' adion as 1s necessary to protecl Lender's iMereat.inciudmg but not hmded tu.d�abu�serr�ent ot rensonable attomey's lees a nd
<br /> entry upon the Property to mbke repn�rs.lf Lender reqw�edmo►tr�age ui5urnnte�t�e�ond�l�or�d�makmy tiie loan secured bY
<br /> �i the Deed ol Trust, 6orrower ehall pay the prem�ums reyuuF�d to maintau �uc�� �n�tiura��ce����Hed un1i�sur.h Umc� ns fhe
<br /> y requuementlorsuch�neurnnceterm�nates�necco�dancew�th8nrruwr.r'�n�,tll.c+nUersuvnttFnagreement:naipphCAIbP�AW
<br /> gp►rower shell pay the amouN ot all moelgaqe�nsurancs permw�ns m tru��r,i��rpr p�evided U�der part�qrapn? nterpGl
<br /> Any amounts disbursed b•r lentler puraupnt tu Ih�s Nar�gr;�pn �. wdn ��,1e�r��+f In�����,.n. :;n;�i Z:@Lh��'C• Adf�di0��%1
<br /> ..�o.........a.ea�.��ar1 ho th�c I)awd nl(ru�t lJfulS}'.BUf IU Wef.fi,u�.r���5��n4�er Iv adLi��;r.r;'�..;.'�.:�'^C• •
<br /> �TwvuiSvi.v�o................�_-' -'-�. _ .. _ " . .
<br /> amounts shau be payable upor�nolice lrom Lender to Borrower n•�ucsl�r�y p:�ymc�nt Iv�rec,�.�nd sh;m b��nr�nTPrpA1 tr�m tnr
<br /> d8te OI d�sbursementat the r8�e p+iyAble from Ume to Ume un�utst.,r��;�rq p��ni�pai undNr IhF Nute unit�s�:P��y�»�+��t of+��ie�t�s�t
<br /> at suCh rate WOUId be eoMrery lo t�pphcable low. m wh�ch c!ventn� r,i��rE�nu�rel hndP to+mcur,a���1�x�t�'ns���irtnkc�nny
<br /> permissibleunderapplicablelaw N�thingcontninN4mth�sp�IrAgrq� v _
<br /> . ....
<br /> tl411V I���t�t�u����.�.
<br /> 8. In�pectlon.Lender mny�nnke orc�useto he m:nb��n.�5���„iiii�•,,,�I�,��ti��p�m.u�d m•;pPCU��n•..d Uu�Pr�ipP�ty prtW�d�•d
<br /> thetLendershallg�veBonowe�r riutu.��Pnnt In.11iy•.�n�l n•�,��e•��i�•n .��..Jy�nqri��•.�u�.ih��•� .w•,��tN�4rl,�n•i��I.iA•,I Ii�l i�l�d���•.
<br /> �nterest�n Ihe Property
<br />
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