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<br /> � UNIFORM COVENANTS Borrowar and Lender covenanl and ag►ea as faUows a'7� � , .,.
<br /> 1. Paym�nt ol P�leolp�l and InNrNt. Bor►c►we► ahall promptly pay when due the princ�pel ot end mtArest on ihA � •� � �
<br /> mdebtedneseevldencedbylheNote,prepaymentendlatecharqesasprovidedmthallote.andlhepnnapaiolandintereoton • • ,_
<br /> � any Future Advances secured by the Deetl ol Trus4 -�� "�.'r.°
<br /> ' ` 2. Fund�IaT�xM md Mwnna�.Sub ect lo appllsable law or to a wr►tten wawer by Lender,8orrower ahall pay to Lender _
<br /> on the day monthly Inetallments ol p�incipe�and intereat are peyable under Ihe Note,uMU Ihe Note Is pald i�luil,a sum(here�n � . ,�'a%��
<br /> "Funds")equal to one-twelNh ol lhe yeaAy texes and aaseaements which may ade�n prionry over this Deed ol Truet,and _ .
<br /> ground rente on thePropertp,if any,plue one-twelfth ol yea�lypremium i n e l allmenis lor hetard��surunce,plusono twelRh ot
<br /> yearly premfum inslellmente for moNpage Insurance,ll any,all as�easonably estimated initially end from tima to time by ( -.,.r,-:.a�.
<br /> Lender on the baels of asseasments and bllle end reaeonable estlmetes thereol.
<br /> The Funde ahall be held In an Inatitutlon the deposite or accounls ol which are Insured or guaranteed,by a Federal or slete � � •��.;•
<br /> agency pncludtng Lender If Lender ia 9uch an InetNutlon).Lender shall apply the lunds to pey seid taxes,asaesaments, ( __
<br /> inaurance prem�ums and ground rents-l�ncle►may„otcharge fo•so ho4d�^g and applyfng the Funds,analyzmp aeid account r
<br /> ; • o r v e r i t y i n p an d com pilin g aaid assessrt�entsandbdts.unlassLeRder pa�rs 6c►►ower Interest on the Funds and appllcable lew
<br /> permdsLendertomakesuchacharge.8ar►oweraodlertdermayagree�nwQd�n�altt�ehmeot��8cutlonotthfeDeedolTrust � . .. ,
<br /> � , ihat�ntere9l Tn the Funds shail be Raid ie BQr�ower.a:td unless auch agreement�3 made or applicel6o lew lequfre8 such v �
<br /> interes t to be pa�d,L e n d e r a h a l l n o t b e re q uir e d to p ar��rower eny mteresi or earnimgs on the F unds.lender shell qive to 1 -,�:n
<br /> Borrower,wllhout chargo,an annual accouMing ot 1he�onda showing cred�ts and de bds to Ihe Funda and Ihe purpose lor �; . �; ;��._:.��_.:
<br /> which each dablt to the'F unqs was made.The Funds�^e D�edqed es addiPOna►secunty tor the aums secured by tihln Dead ot ;+ . �..�:'�+�1+��^�
<br /> j Trust.
<br /> If the amount o91he lunda held by Lender,togelher with the future monthly�nstallments ol Funds payable pnor to the due � ° �:�.,��
<br /> detes o1 taxas assessmenls, insu�ance premiums end ground reMs.shall exceed the amounl reqwred to pay said toxes, ''s�?"14�
<br /> � � assessments,ins�xance premlums and ground rents as they tell due.suCh exceas shall be,at 8orrowei s opt+on,either � .
<br /> promptly repaid to Borrower or credlted To Bonu:�er on monlhly Instailments o1�unda.ll the amount ot ihe Fun�ds held by � •,�-•�- -
<br /> lendorshalfnotbeauHiclenttopaytaxes,easesame�.'s.insurancepremwmsantl�g roundrentsastheylalldue.8orrowershall �:,
<br /> � pay to Lender any amouM necessary ta meke up the�eticiency w�Ihm 30 daya rrom the date notice 1s maUed by 4ender to (,' : � ,,,. <_.,
<br /> � , Borrower requesting peymeM thereot . {�'�+�
<br /> '• ''��!!.
<br /> i ' � Upon payment In full of all sums securedby this Deed of Tniat,Lender ahall promptly relund tn 9�Trower Any Fund&held by , ,'i. , �;•� � „
<br /> Lender.II under paragraph 18 herdallhe ProperN is sold or the Properry ia olnerw�ae acquired by Lendar,Lender shallapply. • • ;,,�`-,:
<br /> no later than immedfetely prfor to the sale olthe Propertyar ils ecquis�tion by Lender,and Funda held by Lender at thelime of ,�.•;;�'-_�=
<br /> ' appUcation aa a credN agalnst the aums aecuretl by th�s Deed ot Truat , ��`•"=
<br /> ; 3. Applle�tlon ol Payn�nt�.Unless applicable law provldes otherwise,all payments received by I.ender under the Note sa�r�
<br /> an d paragrap hs 1 end 2 hereol shall be applied by Lender hrat in payment of amounts peyable ta Lender by Borrower under
<br /> � paragraph 2 he�eof.then to mterast payable on the Note,then to the pnnc�pal ol the Note,and Ihen to fntereal and pnncipal on y,W
<br /> any Futune Advances. k `"
<br /> �i 4. Cfiary�s;U�aa.Borrowerashallpay alltaxes.esaessmentsandothercharges,linesand�mpoaftionsattnbutabletothe •
<br /> } Properry whlch may Attafn a prloriry over ihfs Deed ol Trust,end teasehold payments or ground rents,N Any,m the manner '-1
<br /> �� provided under paragraph 2 hereol or,fl not pald In such mannei,by Borrower mak�ng payment,when due,d�rectly to Ihe � e�.�,
<br /> i payee theteol.Borrower ahell promptly lurnfah to Lender all notices ot amounts due under thla ps�ragraph,and in the event ; � �
<br /> �I , Borrower ahall meke peyment dfrectly, Borrower shell promptly turnish to Lender recelpta evidencing auch payments. , '} �;,
<br /> Borrower ahau promptly discherge any iien wiii�Yi��na priority over thts Dttad of Trnst;provlded,tnQ�gnrr��wpr shell not be � '�� �,
<br /> '� requlred to dlac harge any suC h I len so l ong a s 8 o r r o w e r s h a l l e g�e e i n w r H i n fl t o t h e p a y m e n t o l l h e o b l i g a t i o n s e c u r e d b y such
<br /> �, Ifen fn a manner acceptabte to Lender,or shall in good IA�th contest such lien by.or delend enlorcement ol such lien In,leyal
<br /> i proceridings which operate to preveM the enforcement ot the I�en ar 1arle�ture of the Property oi any part t�iereol
<br /> � 5. Hat�rd In�ur�nco.Borrower shell keep the improvements now ex�stmg or hereaRer erected on the Property�nsured
<br /> �� a�afnat i�na by fire.hezards included within the term'extended coverage",and such other hazerds na lender mey requ�re
<br /> � � and m such amounts and lor such penods as�enaer ma requi�a,Nruv��inJ.Il�al La��Ja��ria�i nat r�qu:rc that thc�mcu^�^�
<br /> i
<br /> such coverage exceed that amount ot coverage require to pAy tht�sums secured by this peed ol Trusl
<br /> Th�s insurance carner providing the mautance shell be chosen by Borrower sub�ectto approvAl by Lender,prowded,that
<br /> such appruval shall not be unreasonebly wdhheld.All premwms on�nsuronce policies stiall be paid in the manner prov�ded
<br /> under parAgraph 2 hereol or,ll not paid m such manner,by Bo�rower making poyment,when due,directly to the insurance
<br /> , � cerrier. ,
<br /> ^ � All�nsurance policfes end renewels thereof shell be i�torm acceplablA to Lender and shell Include a standard moAgage
<br /> clause in tavor of and m form acceptable to Londer Lender shal�have the nght lo hoid the pohc�es end renewals thereol,and
<br /> 8orrower shall prompNy lurnish to Lender all renews�l nat�ces a nd ell rece�ptY of paid premlums.ln the event ol loas.Borrower
<br /> shell gfve promp1 notice tothe�naurance carnerand Londer Lender may make prool of loas d not made promptly by Borrower
<br /> � Unless Lender and Borrower otherwise agree In wrltmg,insu ranc e proceeds shacl be appl�ed to iestoralion o�repelr o1 the
<br /> � Property dAmaged,provided such resloration or repau is economically teas�ble and the secufity o1 tt�is peed o1 Trust is not
<br /> ' thereby Impafred.It auch restoration or repair is not economicauy leasible or d tne secunty or In�s DPetl ol Trust would be
<br /> � � impeired,the Inaurance proceeds shall be app��ed to the sums aecured by th�s Deeq ol Tru9t,wnh the e�cess,it any,paid to
<br /> BoROwer.N tfie Properly�s abandoned by Borrower.or�f Borrower fa�ls to respond to Lender within 30 days Iram the dale
<br /> � notfCe is melled by l.endet to Borrower that the u�sur:�nce cerner oMers 10 sFnle�cl��m tor�nsurence benetits,Lender�s
<br /> authonzed to colleCt end app�y the msu�ance proceeds at lendPr's o��lion e�lnpr to restoration or rep:�v ut Ilie Proparty or to
<br /> � the sums secured by this Oeed ot Trust
<br /> � Un1esS Lender and BOtrower otherwise agree in wr�t�ng.any such app��cat���n 0�proceedn to princ�pni shtill nolextend or
<br /> I postpone the due dete o1 the monthly mstallments relerred to in t�,+rngraphs 1 �nd?ht�reol pr Cn+tnge the amuunt of Such
<br /> � Installmonts.lt under pArngraph 1B herool the Property is acquirad by Lendo�-nC nght,ldle,ind interest ot Fforrower m and to
<br /> � , any fnaurence pollciea and�n and to IhQ proceedsthereol�esult�ng f►om dam�9e to the Prope�rty pr�or to the seie or acqu�sition
<br /> shall pass ta Lender lo the extent ol the sums secured by th�s derd o�Trust�mmrdu�tely pr�or tn such sale or acquisd�on
<br /> , � 6. Ptesarvallon and M�Int�nonca ol Property;Leas�hads:Condominlums:Plsnned Unft Dwalopmenl�,8orrower shali
<br /> ,� � keep tnn Praperty in good repair and shall nut commrt w�ste o�perm�t�mpaumFint u�detenur�hon ol Ihe Prope�rty antl shall
<br /> c � eomply witn the provis�ons ol any lease d th�s Deed ol Trust�s or�;�ie�nsenold H th�s Deed�t Tru�,►�s un;�und m n condom�rnum
<br /> t. or a planned uMt development.Borrower shau per�orm nu of Bon��wer ti nbligation5 un�ler ttie decl.unbun ur covenants
<br /> � � Creabng or govem�ng the condomimum o�planned unrt development.the l�y ��ws rjnd�Nguiaiums���the condommium or
<br /> %��� p18nned urnt developmenL and consUluent dcicumen�S 11 a cond��minn��n o� pl�nnrd un�t•1�•velupment��dr� is itxcuted by
<br /> ��' 6orrower and recorded together w�th this DaQd o� frusr.the c��w�n;111S S dfllS f1���N'n�+T's s�;u i►11„de�shrKHb����ar thereed
<br /> ' iMO end Sha�l amend and supplemunt lhe covenants nnd ny�et���u•+�' nt 1l����� P
<br /> � 7. PtoleCtbn ot L�n�i��'s SeCWNy.N gorr��wer I;u�s k,F,n�fnrn�tr��•i�,�i���,���t�,u�,r�,�g�r��•n,e�,ts c�>nl�unr!d m Ih�y Dee�7 Ot
<br /> .. Trust.or it any acUOn or proceedmg�5 r.ommence�d wdh n�alw�niry tit�•��t�1 F�,r7er's��.+rrF•qt�r�tnt�P���Perty.in�luding but not
<br /> �, IimAShco.eminentdomn�n,�nsoivNncy r.rdi�Rnlorc�me�nt.ora�rnn4�r.mrr�•,���Uro��rrn�cqSnwu�i+ngabankruptordac�dent.
<br /> tnen Lender at Lender'a option.upon nol�ce ln Borro�Nei.may rT�aAN such:��,yeFUtinces.disburse Kuch:.uins A��d tAMP suct:
<br /> 1; acl�onns�snecessaryloprofectLender'smterest�•�clud�ng bulnUthmdedto d�SburSem�!ntO�rCt19on8b��•%�110'^�ry'sleesand
<br /> ', @Mfy uponthePropertytomnkerepairs Illenderrepu��edmortgaqeinsur:�ni•ehs�HCOnd�tiunulmnkm��ts;e�loArsecuredbv
<br /> Ihe Deed ol Trust.Borrower sha�l pay Ihe premnirns �equ�r�d lo n�amt�i�n �.uG�u�:,uranc;n u�eHort untn su�.r,Ume as the
<br /> � requlremeMforsuchinsurancetermmotesmatro�da��cr•�vdhHo��ower'shndLender'swrdten;�g reementor,ipF�hcalbe�.�w
<br /> Borrower shall pay the umount of all moHgay�usur�n�:e tc'rm��nns in R�r�manner prov�ded und��r paragriph 2 h�}ipol
<br /> {1fl�/ amounls d�sbur96d by LendRr pursuan'�ton�r1�Infu�rauQi�Dr. �� '�'"�1�.a'�1t1P�,, �'fa�tn�dh�r�1.r�n1P�d��,� ntPtl'lSU[1+
<br />- ....�..i.�_..�....«.d[3.-.rmwar canur::h�.th�.°.D^.4d•: _:.. . _ . . N•• .] y _.
<br /> 8mounts shell bepayeble upon noUCe trom:.v�:(�C't�(�dQflhNf'f fE�QV^'.1�.r�pa•��•.ei�l h�•rp�•i •�n4 sn�u ur,ir mlCre+tii i��nn i��r•
<br /> tlateol d�ab��r9emtln�Ot thB rate Payable Irom t�mp to lime c�vv��t��ndn:;T�'�'r,�pa.u��dNr�he Note uni��tis.{iaY�t��°nt ul uit��r��...•
<br /> 8� Such rnte would be eontrnry to app�u.�t�e Id'N �r 'dv^iS�� f�'�^��'fl�!!�. 11�npU�dS Shell bet:lr �Itlt�ro•:� .fl Ih(d luyh�••• � ��
<br /> p�rmiss�ble�nderaPP��cablelnw Noth�nqcordameC:' t•��D���•i:;'%tUr :w)�il�rrqime le�nAt�rto�ncur;iny���nontirnrtaM� i•� .
<br />_ n�iw����c�6.lndst.
<br /> 8. Illt��CII011.Lender may make or r,ous�tn o�••"r;•.•P�.s�,•�,�c�e•t��,tr„�s upon.�nd�ntiU��Ghun•,n1 th.,P�n�.,r�tv pruv�•7�•t
<br /> I�181LC�J@fSM811(�IV@KOf�OWflffl�)UCf?�IhOftn.�!.�,., � -�,t,�v tuntip����lymq���.r,n•�.ih��•�,ui,r�he�r��6,n�r��i.�t��d���lrnd�•� .
<br /> iMer�•,1 m the Prepe�ty
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