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<br /> pr�nWwn�Ior +�suranc�. any.alt u tMSOn�Wy�t�d 1nibWy�nd Uom timllo Wn�O11
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<br /> ::,;�'' �;�;�s , �kiMrNt on th�FwWa aAsN es pdd to 8otrow�r.�nd enNa aafch a9l�nent is n�sd�a pp� 4w�quir� wd}��... �'`-
<br /> `��.';� . ,����� 1nwMttob.p�,L�ndKwunaanqui�eatop.peoncow.ranyhfNtacore�rax�s on�n.'�f �u�laef+dKs�'►M�'�p�n!��o � . ---
<br /> 't' x .-,u ��o:.-'.,:���'' 8oaowsr.w(thout�h�r��mm�ualaccountinyofB�sFunds exeditsandd�6iestothejfuttidsandthepw 1!K ��
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<br /> >�` .�`��-;�i„�/k�;`';, wAicheachdsbit�OtheFundswasmade.TheFundsaroptedpedas ' s�cur+ryforlhswmssecuredpyUl�sM�of . . y-
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<br /> '����� �`t� F ,t IftheamouMoElftQfuttd�hNdbyLender.togett�withtheWWramoM�lyi�ualtmentsofFundspsyabieP�blMdus ' . �- t ---
<br /> �•:�- ` € dats!oE taxaeG�e�ttt�insurance pretrtiums and ground renb.ahsM extxsd the amax�tr�qu�ed to p�said t�a�, . . =� �
<br /> gcj�. t r!��'It4 � ; ass�artn�►���+r�nc�Pt�miums andground rents u Me�hI1 du�.such excess st�su bR ae BorcowePs oplio�w�,ritl� . �`�
<br /> - 4`�`-�- .-.-c.j{„� - -.. ��10 8�rta�vM�o[�redl(�t,ta BoROwer on men y in.�ments ot Funtls.tt ths�unaunt ol IM Funda AMd�.y . - ;-.=-
<br /> � - . , �xahatinot6esufident�op4ytsxe��f�sinancepiamiut�andgramdrenlsastlfsyfalidue.Bonorr�tsh�fi:. _
<br /> � - - b Lende►anyemaunE r�aryr t�a make uF tt�e deficiency wilh►n 30 Aliys fratn fhe dab nobee is mailsd by Lel�t o .. '< - •,.; �_
<br /> y ._� .:_'•, : r ��M'�SP�YItw�ttllareo�i. . ... , . _
<br /> -�-� �-- . lJponpaymentinRYlofalls�ua�sssecucedbythis4]e�cEYrust,te[idershal(prompqyrdundbBorroweram►Fundshdd0y . .. =—
<br /> , �.�. .�fr�<!`7i. �enQsr B�u�d�r�aragr�pAl8fleraGftlsa isa,ODdatllePmp�y iSOther.wiseaCquitedOyLeRdsr,lender�allapptjl. _
<br /> ' ': •`` "� '' . nofsMrthanimrtwdi�Yy�Priatolh�ssteatthe � ' uritsaocwtsiitionD�lernfierandWndrstnetdbyLende►atMetimeot . �
<br /> �.s�;;-..;�;� .` aPP�iCaW1n�s a C[e�lp�tr�at tbe suma secured by this Deed ot`fiust : �.` '�=._
<br /> �` : • 3,AppNcaMpe o[�qw�M�.Unless applicable hwp�ovides olherwiae.afl paytiients teceive�Oy Lender undet the Note � . . -
<br /> .,�h'�� �� ` and alartd2hereofshailbeappiiedbyLer�detfirstinpaymentofac�a�ntspayaAletolender6y8oROwerundbf . '
<br /> . . �l,t .� :. � . 2hereof.lAe�tiointereslpeJlableonlheNole.thentatheprincipataftt�L�tot�andthentoinLe[esteRdptlnCips10�1 . _ -
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<br /> �, LIMr.gorrawersshaltpayalltaxes,assessmenbandothe�charges.finesandimposibonsa�ributaEletothe ,
<br /> . . . ` Property�h-ic -may aqaio apcwnty over thi�Oeed of Trusf.and IeesehWd paymenb or ground�entr.it any.in ths manner - �•. : :
<br /> •- . provided eendsr 2 hereal ar,if not paid in auch manner,by Bonower makingps yment when dna diroctty b the. � • �-
<br /> . pAyeetheieot rrowershaUpromptl tumisAtolenderailnoticesotamountsdueunderthisparagraph.aedintt�eevalt
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<br />' . : ..�.°: - BoROrrer shall mske yme�1 ditectly.Borrawe�shaN prompfly tumish to lender receipts evidencing sueh ps ts. � ' �. .. - ' .
<br /> a>e>>�i�. 9orrower stqdlpromp�y discfiuge any lien which 9�f;inor�ryl over this Deed ef Tevak Provided.fhat 8orrowecshal not 6e � ..... �� .
<br />. , .;,,:;.. , requkedto�ischar�ear�(a�uchliensol�ngasBorrvA��[sailagreeinWritingto4b!e"payrt�entoftl�eobligadonsecuradbysu�h
<br /> ' .�,;�•. •�,;'�i��°� Iien in a manner acoep�e to Lendei.or Shall io go�f�- coMest such lien lxj�,Q�deiend enforCement ot such iien irt,tegal ,�' � �
<br /> , r:. '.�>�='`"r�'� proceed��s which apera�s to preves��e enrorc ot the lie:�vr.t��eiAue¢Fthe ProPeryr c��nY P��t. �
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<br /> �;;. , �`�. , i:;c.,;y�: S.ti�a�kliuwr`a�Borrow�sl`mdi.k,'eep theim ovemetns�er�irgvri�eroaftere�e�id�oatheProperryinsured .� .' ;:-':
<br /> ,,,: � � ` `'r's"��' '`. aga�nst�Sii���re,har�r�S iaciu��:�itRcin theterm eMendedp�� ,e�tt�such ome���sas lender may requfre � , ,
<br /> ;F t�'�����'• `�"���" andins�i�#,rs�vsvrR��Parsuchp�xisasl.endermay requiro-p��e��satt.enderehaNnotr uirethattheamournof ,.
<br /> `< -' •'.:":��. suCh Coverage exce�U'rr�t amount of coverage required to pay t�fe�um�secured by mis Deed of�rust
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<br /> �';;;�+ Thisinsurancet�sn�providtngtheinsu►anceaha116echosenbyBonowersubjecttoapprovalby Lender.provided.that �� . •
<br /> �r���}'` suCh epprovai shall nol be unreasonabiy witt►heid.AII premiums on insurance pollCies shail be paid in the manner provided ( •
<br /> �•�'�'�`'� ' � • under paragraph 2 hereot or,il rtot paid in sucb manner,by Borrawer making payme�t when due,directiy to the insurance , ' :
<br /> `�:� . ' �. camer.
<br /> ' � . Ail insurance policiesand renewals thereof shatl be m torm acceptabteto Lender end shail inctude a standard mort�ge ; .
<br /> � ctauaeintavorofandinformacceptabtetole�der.lendershallhavefherlghttoholdthepoliCiesandrenewalsthereof.and ,
<br />�•s ' - BaROwershaiiprompqyturnishtoLenQarallrenewalnoticesandailreceiptsofpaidpremwms.Intheeventoftosa.Borrower ;
<br /> " • shailgivapromptnoticetotheinsurancecarrie�and�ender.lendermaymakepreofoflossitnotmadeprompdyby8orrower. �.
<br /> ' � UntessLenderandBonoweratherwiseagreeiav�M�±ng,insurancep�oceedsshailbeappliedto�estorationorrepairotthe �'� ��. -
<br />� ' � Property damaged.provided such restoration or r.�pai�?s economically feaaibfe and the securitY ot tAis Deed o1 Trust is not •� :` ,
<br />" ' ' ' �" the�eby lmpaired.It such►estoratiors er. a�yair�s r�'����omical'�:4?asibte or if the secUri Ct this Oeed of Tn,st would be • ���'�'
<br /> I�'...St � �.11•�`�.�. 1.D/11�1.�h6 Q CrJP 1 � � . , I ' �����i�',ry�
<br /> • ,�•%��•�-�:��� impaire�a�iB�insura�ce proceeds�a0:���,:��...�,,.�..sum..,...rt,�3 by fhis Oeed of Trust vrdh the excess.if any,p8id to � , .
<br />�r����,� , ' �"�i���'„� BOno��--k�,�Me Propery i9 abandor;��:�s���u?v�nv�t.•�r if BorrC��-'r�:�s to respond to Le�a•ar within 30 days hom the date ' � '�;"�'�
<br /> � • . -.;i,:?;�:� ,� . . , , : , ,
<br />•• ;'.,;;;.,,.. . y:+�+�,� � notiCe is r;�;�ed by Lender to Borrow�r that tne i��a���ce carrier o�ers to s�!t',z.a etaim(or�nsurance benetib,Lendbr is .
<br /> ;�;:.�,. .
<br /> ;,;.,;� r..t;�t autherizedto wllec!aad a ply the�nsurance pro�aa�3at Lender's option ei�`v3rt�rsstaration or repau ot the Property Qtto�: ; ,i
<br /> • ;;i?,;r,;-•. � � �,�; the s,�ms aecured by�is of Trust. �_;'
<br /> • ' � tlni�asLenderand6orrowerotherwiseagreeinwriting,anysuchapplicaEtpro".Aroceedstopnnupalsha0notextendoc , •
<br /> � pos�6r..e the due date o1 the monthiy�nstaltments reterred to m paragraphs`b;a�,��d 2 hereol or change me amount o1 sucfi _
<br /> - ' �nsiaU�+�19.lt under parag►aph 18 hereof the Praperry is acquired�y lender,a!►right titte and mterest ot Borrowe�in and to ': , .•
<br /> ' . anyi��:u:=pcepollciesandinandtotheproceedsthereofresultmg�ramdamagetathePropenypriortothesaleoracquisitian , � � .
<br /> ' � ` �aSY�sv to Lender to the extent ol the sums secured by thls Oee�1 of Trust�rttrr�ed�atety pnor to sucb sale or ecqu�sition. . . �
<br /> . • �. �t�sMratlonandMainUnana�olPropMy:l.��a�holdi:CondamiaNlnis:PdaM�dUnitDwNoOnwnb.8orrowe►shatl , . ,
<br /> ' • � Ismep t!z�PrOpeRy in good repa�r and shail not cor*�r••e waste or permit im�aifrpent o1 detenoration o1 the PropeRy and shall '
<br />,� � , � cs.i4tptv;�aththeprovlslonsotanylB�SeitthisDeedv�`F�ustisonaleasehofd,Httt�sDeedofTrusUSOnaunitinecondomiaium •
<br /> '• ' . � '''Y,�•" ' '• "ac at���.:�»ed unit development, 8:���3��r shall perorm atl o!80!rowei s obitgatlons under the declaration or covenant9� . , .
<br /> � �'}��• `" � Cf�fng;ar�oveming the cond��r�n��:+»ar planned unit develo�ment,the hylaws anA regutations ot the condominium or ` , ,
<br /> ' ''%'�•ir' i plaara¢SU++it development end cd�i�S:to��t doCUments.fi a cdndummium or planned unif development r�der is exCUtEd�ty • , ',
<br /> ' ; '•° � .� '���` I Borrower�nd recorded together wr.i�.°J:�.^�Oeed of TrusL the covenar�fs and agt�ements of sucA nder shail be incorporeted,•,,•�:�'�'., :.�� � �
<br /> •'��••• ' into and ahall amentl and supptement the covenar�and agreements of thi�pded ot Trust as ii the ndeo were a pah hereot: "��! ' �.'�• . � .
<br /> - , -•,�.;:, ,
<br /> ,��� ,;��:�;, 7, proNetion tH 4�ue�P�S�cudtjr.lf BOr�owpT,fai.'s to perform the coveF�"�at9 and agreements contained ln this OeeAOf �-��' �
<br /> r�J:� '•'"` � T�us�o►if 8ny aatianu�r(�ocgeding iS CAmmencpQ with matenalty aHectsl.e�fder'sinterest io the Property,mcluding but not,..',,' •
<br /> --•. Ilmllesf,lo.eminentdort�a:.►.insotven.;y:;adeentor�dmento�arr8qgementsarpraceedingsinvotvingabankruptordeeeQent,,';•. . •��
<br /> ��': . ` '%� �• � th�n t�rtder at Lender's option.llp�M1�b+ICd t0�b►IUNlAI,may m�ke such eppearances.d�sDurse such sums and take such: ..;� -� � ��,
<br /> � aCfM!casisneceasarytoprotectl�ndbr9lnteresti�Gutling buinoilirttitedto.disbursementotreasonableaeomey'steesarid'` ° �•:
<br /> enfryuponlheProperrytomakerepairs.11lender.requiredmortq�g�msuranceasacondd�or►ofmakingthe�oanseCUred6y ' ''� ' •
<br /> ' • �i � the DeeO of T�ust,9orrower sfi�ll pey ihe premfum�i reqwred to mauftain sucn�nsurance in eHect until sucb time as the .
<br /> `..� -� � requirementforsuchinsurancete�minates�naccatdancewithBorroweisandtender'swnttenagreemeMOrappticetbelaw. ,
<br /> '� '� `'" 8orrowet shell pay the amount o!etl moRgage insurance permwms m the manner prov�ded under paragraph 2 hereot
<br /> -- � � -- Ar�y�nmutHs disbu�sed by Lender pursuant to this paragrgph 7. with intgtest thereon, shall 6ecoate additional • .
<br /> ; ' ' � ��, indeb(Wnensol8orrowersecuredbythis0eedotTrust.UnlessBorrowerandlende�ag�eetoothertermsotpayment.such
<br /> amounb Ehall bepayable upon nolice lrom lender to Borrower raquestmg payment hereot,and shau bear mteresttrOm the
<br /> � i � ' _ � dateofdis6ursementatthe�atepayablettomt�metot�meonoutstand�ng pnncipalundertheNoteunlesspaymentofinterest
<br /> i . � l at suCh rate would be contrary to apphcaDle taw.�n wh�ch event such amounts Shatt bear mterest at the highest�ate
<br /> ,- t- . ' , � ` � permis5i61eunderappliCablelaw.Noth�nqGOntai�ecfinthisparagraph7sha11reqwreiendertomcuranyeMpenseortekeatsy
<br /> acdon hereunQer.
<br /> _ �� � '� �. tnsp�eNon.lender�may make ar cause to be made reasonable entnes upon and ins0ect�ons of the Properry,prov�ded
<br /> _ �, thatLendershallg,ive8otrowernoUCepnortoanysuchmspectanspgc�fymgreasur��blecausetheretorr,relatedtolender's
<br /> ' , .` `� interest in the P�openy.
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