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<br /> -, UNIFORM COVENANTS,Borrowe�end Lender covenant and agreu es lollows: � �,;�'. •
<br /> 1, paytn�r�t of pdndp�t and Int�r�t. 8orrower shptl promptty pay when due Me prmcipal of and int0rest on Ihe � � ~, .�.',�. ., ,��
<br /> • �ndebtednesaevidertcedbYtheNote.propaymentandletechargesesprovidedintheNOte.andthopnneipalotartdfntereston , ,� ,. ,
<br /> any future Advances secured by the Oeed of Trust ::.�:'
<br /> ' �. �undsb�taxpaa�9lnsuronte.Subittettoapplicablelawortoaw►fttenwaivB�byLender.8onoworshalipaytolender ,
<br /> on th8 day monthty inalaNm6r+t&01 prineipal and�ntoro�tnro payable unEar tho tMoto,unY�f Mo ho2m ia pa�d in 1ull,e eurn(herel� •
<br /> " "Funds"�equal to one-twalkh of the yearty teze�and aaaesamenta wh�ch mey attatn pdority over this Oeed ot Truat and
<br /> g�aurtd�entaon the Proparty.it any,plusone-Mretfth ofyearty premfummatatlmenta tor hazaM inaurnnce.plu�one-tweNthof .
<br /> . Lendyorpanmtho baais afm�cstwaamer'�e ad bills aRd r�eeea�of aMe�tl�m�a��ebreot��t�int�atly and trom rime ro dme by . - .. _
<br /> TheFundsshaltbehetdlnaninatdurionthedepositso�&ccounteofwhichare►nsuredorguerenteed.byefeder8lorslate . ,
<br /> .� agency(including Lender it Lender�s such an msNtuUo�).Lendar shatl epply the tu�ds to pay said texes.easesametns. „ .
<br /> insurance prem�ums and groundrents.Lendermaynotcharge Mr so hotdf�gandapplyir►g tha Funds.analy=Ing aeida�ceount
<br /> orveritying and compiling sa�d assessmentsand b�lls,unlessLender pays 8or►ower intereston the Fundsanda plicab�e law .
<br /> I pa rmitalendertomakesucbacharge.8orrowe�and�.endermayegreeinwddngatthetimeofexecutionotthia�ee9ofTrust _
<br /> that interest on the Funds shelt be pa�d to 8ottower,and unlesa such agreament is made or appltcalbe law re�uires euah '�
<br /> interest to bep�id,Lendsr shatl not be requ�red to pay Bor►ower any intereat areamm s on the Funda Lendar shat{ Ive to
<br /> � whchQachdebittotheFundswesmade.TheFund aepledgedesaddltiona�lsecu�orthesumsseCUredbyfhis0 eeedof
<br /> � Truat .
<br /> If the amount of Ur.ot4�.nds held by Lender.together with the future monthly instellmonts of Funda payeble pnor to the due
<br /> dates of taxes,assr���+�.�nsurnnce premiums a�d ground rents,shall exceed the amount required to pay said mxes.
<br /> I assess�ncTBS.�nsur�sc+ce premiums and ground rents as they ta�l due,such excess shall be.at BOrrower's option,either �_
<br /> prefrt��r c�'Dai�M�crtow+er o�cced:E�d to 8orrower on monCleir ems�lallments ot Funds.M tho amount of the Funds held by , ��;;{,.}:
<br /> � Les��sPn�[tirtoYttOSUYTiaiant4opa�rtan2sass8ssments,insu.�av..c�+(pma+mwmsandgroundrenl8astheyfelldue.BoROprersh�[t
<br /> pay ro LeresAaT anX amaunt necessan Bo rteake�ap the da�xi��ecx rca�oc�30 deys f rom the date no�ce is mailed by Lend�?4a _
<br /> BoROwer requesda9 P81p�ent tha�eo9. , .
<br /> Upon payment in4uil��a1t sums secured by th�s�do,�Tr�es4 i�ender shall prom�Uy retu�e�ta�er►oe+rer av�y�aan�s neld by „
<br /> Lender.Hunderperagrt��hl8hereofthePropert�►�ss0i�meth�Pro{es�tyisolhenv�s�aaeQuiredmyl�en�er,lmnm�rsh�Ela��1y. � _ . :;.�,.
<br /> nolaterthenimmediatetypnortotdiesaleofthearupertyoritsacqu�s�t�onb Lend�r,amdFun�rtrefdb L�nderalthratimeo� ��+`.`4
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<br /> application as a credit against the swvrtas secured by Mia Deed o4 T�nast �f..�;;:.I;'.�.:;;
<br /> 3. Appllqtion of Parmaefts.lDNess appticabte law provides athmnvise,a�l payments�eze�xe��y Len�ar under 4J�8 PGote ;�r?,,:�;%. r� ,
<br /> and paragraphs t and 2 hereot sh+all ba apphed by Lender hrst m payment of amounts peyabla to lender b Bar�ow�r und�R !;;•'���%'T� •,�.:
<br /> patagraph2hereof.thantaint¢restpayableontheNote.thentothep��nc�paloftheNote,andthentointer�arte8pr�ncipalor ti '��%i��;f�'
<br /> any Future Advances. � ��
<br /> �,. • �•. .
<br /> 4. Char�s:Uere�.Bc��roavers shaNpayalltaxes.assessmentsandothercharges.finesandimposiUOnsattributataletome •� ���_% r.
<br /> PropeRy which may att�in a prar�ry over th�s Ueed of Trust and teasehold paymenis or ground rents,d any,in the manner i!- � „ ..:� '
<br /> provided under peragrap4�2�hereot a�,�f not�+a�d m such manner,h,y Borrower makmg paymen�when due,d�rectly b t�� l
<br /> pnytly t��efapi.gpn��g;g,.�..p:,., „! �lusr.::.. Lsn�er 811 net!re�of wmmints due under this peragraPh.and in theevmmt _
<br /> l8onower shall make payment d�rectty,Bottov+�r shatf promptly fum�sP+to Lender�eceipts ev�dencing such paYme�n9s• k
<br /> 1 Borrower shall promptly d�scharge any I�en which�has pnonty over this Deed of Trus�prov�ded,that Borrower shell n�a¢� , '
<br /> requiredtodischargeany suchliensolongasBonowershatlagree�nwritmgtothepaymentottheobtiga4onse�u+eC7bysac� :�.
<br /> lien in a manner acceptabte to Lender,or shatl in g¢od taith contest such I�en by,or detend enfurcement of saxT i�en ir�lega� ( _s f
<br /> proceedings which operate to prevent the enforc.ement o�f the lien or torteiture of the Property or any pf+rt tharocri. I . • '. +
<br /> � � 5. 6laaaird tnwrane�.8orrawer sha11 keep the�mprovements now existing or hereatter ereCtea on the Property ins�nve�' � �:,+'�f�<� '.• �
<br /> against loss by f�re.hazards mcludec�nv�thin the term"extende��:ouerage",and such other ha..��Cs as Lender mey reqwr¢ '::'•� '�•
<br /> and in such amounts end for such Ger,ads as Lender may rec0uir�;pr.�nded.that lender shall rt��Y r�quue that the arnount or � ;:;';,;14:'.. �'
<br /> such coverage exceed that amount o j coverage required to pay th8 sums seeured by this Dea�n9 Ttust � ,l�`•�':� �' +f
<br /> Thisinsurancecarnerprovidi�gtnemsuranceshallbechosenby8orrowersub�ecttoapprovalbylender,prov�ded,that !jf! �i
<br /> suC h approva t S h a l l n o t b e u n r e a s o n a b i y w�t h h e t d A l l p r e m i um s on�n surance p ol�c�es shall be pa�d in the manner prov�ded � �
<br /> under paragraph 2 hereot or,�f notpa�d�n such manner,by Borrower maY.mg payment.when due,d�rectly to the insurance �
<br /> carner. . • �
<br /> All insurance poliCies and ren�wa IslDereof sha11 be m form accepffibleto Lender and Shall�nclude a standatd mort9age ,�
<br /> clause�nfavorotandmformaccec�a.��etoLender Lendershallhavethe��ghttohotdthepohciesandrenewalsthereofanr2 �. �
<br /> � ! Borrower Shall promPtly turn ish to ie�^aer all renewal not�ces and all receiptsof pa+d premwms In theeventof loss Bonow�r -
<br /> ; shallgivepromptnoticetotheinsurancecarnerandLenderLendermaymakeproofofloss�tnotmadeprOmplfybyBortower. -'
<br /> Unless Lender and Bonower otnervwse agree m wnting,insurance proceedsshall be apptied to restoral+��a.�epairof ine
<br /> P�operty dameged,ptovided suc h restorat�on or repa�r�s economicatly feasible and the secunty ot this Deoc ot?tust�s not
<br /> - � thereby�mpa�red.lf suCh restorat�on or repau�s�ot econom�calty feas+ble or d the secunty of th�s Oeed of Trust would be
<br /> impa�red.the�nsurance proceeds snau be app��ed to tne sums secured by tn�s Oeed of Trus�w�th the excess.�f any,pa�d to
<br /> • Bortower.If the Property is abandoned by 6orrower,or�f Borrower tads to respond to Lerder w�thm 30 deys from the date ,
<br /> notice�s maded by Lender ta Bo.rower that tne�nsurance carner otters to settle a cf a�m for insurance benef�ts.Lender�s
<br /> authorized to cotteCt and epply the�nsurance proceeds at LenCer�s ophon erther to restorat�on or repair of the Propetty or to
<br /> the sums seCUred by this Deed of Trust.
<br /> • Unless Lender an�8orrower otner w�se agree�n wr�t�ng,any such appl�cat�on of proceeds to pnnc�pal shall�ot extend o�
<br /> ' postpone the due date o'the montnly mstallmenTS rete�red to�n paragrapns 1 and 2 hereof or change the amount of such
<br /> • mstallments.if under paragrapn 18 nereot tne Propertv�s acqu�red by Lender,an nght,t�ne and mterest of Borrower�n and to
<br /> ' any insurance polic�es and in anC tc tn.e Droceeds thereot resu�ting trom dama�eto the Property pnor to Me sale or acq�ns�t�on
<br /> � shall pnss to Lender to the exten�;��na sums secured by m�s Oeed of Trust�mmed�atety pnor to such sale or acqu�sdion.
<br /> 6. �reservatlon and Maihtenanccr af Prope►iy:Leasehotda;Condominlums:Ptanned Unit Developmenb.Borrower shal l
<br /> keep tne Property in gooC►epa�r ar.a shal l not comm�t waste or permd�mpa�rment ot deter�orat�on of the Pro�erty an0 sha��
<br /> camp�y wtth the prows�ons of any lease�tthis Deed ot T�ust�s on a Iease�old if ttxs Oeed of Trust�s on a un�s�r a cor.@omirnum
<br /> or a a�anned uMt development. 8orrower shall perform all oi Bprrower's obligat�ons untler the deC�ara4qr ar cov8t1Ant3
<br /> crp;aling er govermng the condorn�r�um or planned umt development.the by-iaws and regulat�Ons ot the condom�rnum or
<br /> plannetl unit development.and co^st+tuent documents.If a condom�nwm or pianned urnt dev��aAme�t r�der�s excuted by
<br /> Borrowe*and recorded togetne- u�tn t��s Deed ot 7rust,the covenants and agreements ot suc���der snan be mcorporatem
<br /> ��Z�en�ghall amend and supF•e�^e�':^�e covenants and agreements of th�s Dead ot Trust as i"aRe nder were a part her�o�
<br /> 7. ?QOflmetion ot�em¢ier's SeCUn�j.il Borrowe��aiis to pOrfOrm thE Cov2n8n�5 and agreEm@�tS COt1t2MCd tn thiS OB@tl Of
<br /> •,�yt�i ip a•y g�';:��•�raCeec,-c�s commerce^. a en matei�allv attects�encter�s mterest�r the Property.mcludmg but�ot
<br /> �+^�:d?ct to.er�+nent efC�'�+T msG�v���f-cotle eM��cer.er�.or a�rangements or p:oc eeC��gs�r.voW�ng a bankrupt or detedent.
<br /> t~.er.;.e^tle�at LenCer s optoo^ �.:o� +oUCe to Eo���«et r a�r�a��sucn aaDeara^ces.CBD::*Se such sums a�d take such
<br /> � act�o^pss�ecessarytoprotec•_•e^de•s�nterest�r.cwa�rgt�•^c• ��^�IedtoC�sD�rsar�en3o!reasonableattorney'sfeesand
<br /> ee�try u�ontheProperrytomare��:a�'slfLencterrepu���r.r�ry�.>,nsuranceasaco^�rt�o�3`mak�ngtheloansecuredby
<br /> the QeeC ot Trus�Borrower sna.�pay tne premwms rec:�e�1: �-��nta�r,s�c� ^sw*a^�e �effect unt�l such t�me as the
<br /> requireme�tforsuChinsurahceterminates�naccordarceer���•�-wer'sa��,e�aersuro.-rrenagreementorapPI�calbelaw
<br /> Borcower shalt pay me amount ot ail mortgage msurance cer:r�wms m the r�a•�e�prcv:Qed under paragraph 2 hereof
<br /> Any amounts a�sourseo ov �enoe� Vuraua��i �v ii.�o�a�a �ciNi� 7. w•:�• ��.:c:��7 �•`"""' '"'
<br /> � ............. ....a.......a�
<br /> +ndebtednessofBorrowersecuredbyth�sDeedofTrus! V��ss��rrowerand�e^Qe�agr�toOthertCrmSOfp2ymB�Lsuth
<br /> amounts sha��be payable upon nouce trom�ender to Bo�r�uvc-•r��lasung oa�merc ne�e�f and shau bear mterest hom the
<br /> dateofd�sbursementatMeratenaYabietromt�metvt��eo��.:�'s�a�a°gor,nc��a urcierm�nloteuntesspaymentotmterest
<br /> � at Such rate would be contran to appi,ca��e �aw. m w^�n �>.��rr s.�n z-•o.,nrs snan bear mterest at the h�qhest rate
<br /> ' perm�ss�bleunderapF���blelaw Noth�rqco�tamed�nm•sp.a�;:�r�pn'�h3irc7�.�reLenderto�ncuranye■penseortakeany
<br /> 1 act�on hereundec
<br /> � 8. Inspeetfon.Lender may makc or cause to be maoe r�as�r^.ar��.'•^r,-a; �;An and mSpeCt�onS Ot the Prnperty.ptOVided
<br /> that Lender snau g�ve 8orrowemouce p��or to any such�n5p�-�;t�:-�^�c�c��r,ng reasonabie cause tneretoie reiated to�enaer s
<br /> �nt2t8st in the Property
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