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<br /> :{.;.:.j� .'� : �� ttt��ittjfs�t�ra�'s.atakF.�rt�+.as.�pn�a:dtta;;Fai�Q��iums�nd g�i►�ttf�rant9.,Lcti�cr Ye�y�qt s�iR►v�+e t'ar so•�wfdtstg �
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<br />_ • :�'�•'�! . � . � are�S ap�fi�t8 tt�e F�tt�s.�n{�y�ziug s�#d acca;ant Qr:ve�qg.and�com}�ilEttgEr.�id.ass�ents�ud�$�ills.niitsss Lanrfar ; �;,�_
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<br /> � , �,� � . R�$�a�►arar iat�rc���a,the�.�artds anA agpkr�strla�l�i�,.p�ts Leadtrio mak�sar�s chargr..8orraA��itid Le,t�dsr
<br /> �:-.L .��.�;�, �s�.v�a im wsiti�g�t.t�e tima of eaaut�`oa af t�its�aal af,�ii�st tha�f�i4aras3 on:the Fuitds sb�11 be�aid ta Bec�a�re% �t:. .
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<br /> . ,.��..; �.��s3rc�agceoati�nt is-made ar a�iif��a�W��aw•�eq�a��s�such i�t�res��o he p��..Le�des�i�l,t�at Ria requ#� . '
<br /> "� " �� to pay �ata+avrer�y tateces�t or e.an4���e t(tn Futfds.�entIse sh�1;�€ve ta�arrow�r.witIiowi�,r�urga.an s�na�l, _—
<br /> • , acconntin�oftf�Fu�rds showing credits ass,�detria�l�z�Re Faads aa�t�Pp�for�hEsD�c8�dabit�tm�ihe Funds was � _ ._r
<br /> = f` � l[1af�.Z'hCFU�stISBPE��tS�d�tEffO�S�CIiSItYt�QF1i1C5l1�I1$S�ECU(�d�$}j�&IA�A��tIJSl. � -
<br /> �� pf the asaaunt a,f.tD�1Fattds�:�Id b f tender.Yc�ter aritfl the futut��ston�ly instaItmxats af�u�tds�apa'�t�pz�az:tm. � -
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<br /> ::�.,r.; t ;: . • , theduedatesofta�s,.ass�ssneent�«insuraacxpi�ieimsaadgR►undrzuts,�hnllca�dt�eama�utre�a��topaps�i� . =_-
<br /> ���.��'r �, .- � " .: � �� .taxes.asses��ts.i�surr�se��tms sic�gt?+�uttd r�nts as they fall tta�e.se�efiesc�r�a11 be.at 8aaower`s option.
<br /> : �: ,`� . �' . ei3�ieg;�iy;�d ic�arroaQer ar cc+ed�d io�eeaWS�da es�aittJat�_iastal�tuents dE�ouds.lf ttte amotaat orf the
<br /> -', ' � . , � E�turd�;�i�'b�ixudetshall dot 6e su�ea!toprsg tat�es..�snents:i�tte�teae gt�mi.�lms�ettd gr�und terts as th�tTall:I • _
<br /> � dua,�8t,�w�`,sDail paq to Leader aay amoilat aec�sarg ta Qn�ke u�e.t�:�def��Iency�t on�ar inarE�ayments as�nder, ----
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<br />'r� •` � }, , UP�P�l��e,ia ful!of ail sums secuasd;bg tfid9 DeaJ of Ttust«�.endar sM►tl pt+amgtlp refuud t�a.8nsres��r.aag� _
<br /> � '` �. ��` ' Funds hdd. b�,d,er�if�der h l�aereof the Ls sotd.oe+ttaa Ptv is othrs�crpsz ac ire3 bq - ---_
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<br /> '•.:.s " . ;f,�:��:�=,;. Lende:,Leader'ssi�AYliii��ly.�at�later tt�an immed£atety gt@or to the sale of tlte PeupertS►Pr lts acqu�itcon by Lender.aay
<br /> �; ?, Fan�sheldby.'x.�bsfi�A7�t�ui�f�{$flfapplicationasa�'stagstinstt�esmnsssca�dbytbi.sQeEdafTru�.
<br /> _ ':i _.._ . ' 3:.A�.►1l�tt6ra,d.fi,8��1r�i�Tn2ess appfcab2e taar�rovides aiheiwi�.a1I:�Aymea�ts.rcaE:r�d by teader r,tnder �.,;,_�T__
<br /> ��``..� :`:. ;;.�°"'`;�'. tl�a I�antl�}�pi�pli�;$����6eceof sha11 be appfied b�I�ender f�in��aqmeoU af�nt�twts p�Yabir ta Leadc�r bp -_��:-_
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<br /> _ �f� ;,.:,,a_:.;:,;°.:'. � -. ti.Aar�z�p�:.�bf�o�then to mterest payabte anthe Nute,aud then-to the principat o�the Note. . —
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<br /> ;•�:� �•,,r:,r•.:.__�._:_ .. �;;--, '.. :��� ._.. _ ?�,..l�dar:I�a#i;��i;�a�._,,�5�uf_.T_._r�t-_..e_��_�eno.Hot¢aaersh�lt�f°tm.atl_of Bon�wer's obligafiaas . . . _-=__
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<br /> ;; .`l,� { '..�,. . ',tint�.atry mot�(�;�����#or other sectuit�} raeat aith a�ien•wi�ch Aas ptiority over tti#s Dee�ofTt�st,
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<br /> ,,�t� �'; • itifi(fl�iug SamovC�'s coveasuf�;�make paqments•whea dus. 8areousr�shail•Pa�c3r c�suse,to 6e paul ali:t� .
<br /> ..F,f,��r�.,�` , as��smients a�;otnec charges.�nes and imgositions attrihutable w tha Pnogecty wk��may attain a psiority mv� ---
<br /> ;,y f;,, ' • D�uf T-�isc;and teasehold Qayments or gcirQUd rents.if any. , •• , � =
<br /> �,�t �. HI�d i�raace.Bhsro�ver sh�Il'�p the unprovements novv eaisting m•'Rt�eafter e�eted oa the Pcoptrty
<br /> ���7,C}�`�� ' insars:�as�gainst lass by fire.hazards inctuiled`anthln the teem.••estended coverag�".a��sach otPtet h a z a t d s as L p n de�r ' --
<br /> : muy s e q q u o a n d i n s u c h a m o n n E S a n d f o r s e i e h p e ri o d s a s L e n d e r r n a y re q u i m • �::_
<br /> � .�� �, 7L�d ini��ance carrier provfdiag the ins�ce shall bechosen bg Bartion�rsabjocEto approval hy Lender:Ppovided� � 1 �'`--
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<br /> �;?.�' ��'� that suctiia��ntit�i shall not be unreasonaF�lr.�iithheId. AiI insuraace�}i+a�s sud eeaewals thei+eof sball be iaa farm:
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<br /> ,;� ` : �`� at�ptaiils�tl�;�!ic�'i�a�d shali inc�ude a si�si�rd mortgage claus�,srf:fis�r of aad in a form,aocepta6le to I�ader. _�,:�,n
<br /> . s: �,end�?sH���'�tiav��ie r►ght ta hqld the pnlicies�nd seae�ssTatl'.�eof:'sn�s���o the terms of any mortgage.deed qf trusi ►��'Yr•�
<br /> . i � ; - .. ' o`r,uf�i�sec'urityagreement.si33n;�P�enwhichhasprior�ty�i�ti�isDee�e�'nsst. . �._
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<br /> ' ' In�the event ofloss.Bom�vc���rall give pmmpt natice to the insaran�:�carrier azu��Gender�I.euder may in��+f �'�'��-
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<br /> t " , - , ' of 1bs5 if nAi�nlssQa�romptiy D�a��srrower. . r:�:. " `••:�: K:'`'',-.__
<br /> . - � �' ; . If.tha Riqq�y,is abandbrred by Borrav►er,or if Borrower faiis to tespond to Lender.within 3�L,di�,{�s fram the date ' .;��:
<br /> 'i `. ' e�atic�is°m.r3lld�tly�[:ender_tq,E£�rrower thnt tfla insurance carrier ot�'en ta settte a elaisn forinsutaaca�l��efits.Leaderis r''��''-.
<br /> autha�ud+to�colloct and.cij�pl�;?the insurance proeeeds at Lender's optioa eitiier tu restorat�on�or cepair of the r•.;�,';:._
<br /> �� � Property.orta the sums se�nx3i f:y this Deed of Trust. ?;.r-
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<br /> 6. Ptegervatlea.s�ttf',�(atenaace oi Propertyi 1,easre6olds; CondominYams; Planned Unit Deveiopments. Bor- , ��;{,.:�.
<br /> �, ' :,`, �, . roaer shaU�haqrth��p�ty in good repair and shnll not commit waste or pecmit impaicment or�rioration of tha ;; `+;.';'�,',.-
<br /> ': ' ` � �. ' ' Property and sh�Gl a.�-�ri;a°t�the provisions of any lease if this•Deed of Ttust is on a leasehold.If tira Deed of Trust�s , , �' _
<br /> 4 ,;�• �� '• � �• an a.unit in a cort8�ominisna u=��lanned unit develupme�e.,9qrrower shall perform aii of Bonower s obligatiorr�.uia�ii�r • • ''
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<br /> :;;j�±,�:�,,��,�,•,., .,..�' t he de.�ar a ti on o r c o v e n a n t�.,a:�a t i n g o r g o v e r n i n g t h e a s r c+'��:�i n i u m o r p l a n n e d u n i t d e v e l o p m e n t.t h e b g�y��a��d . , �•,:_:_..
<br /> ''�:t;��,��,;, '; , i c��,�n:±'�aiions of the rnndomini`u�i*�;�r planne3�,rrit developrre4��t;and con�xif'vent documents. "•'•'.•' � ' '"'��
<br /> ,::� �`•.'`��•••':.,;1 7. Peatection oi Lender's 5ecarity.Ff�3z,rroa•er fails to perform dte a^rovenants and agreemenrs+cs�ntaineA in this •
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<br /> � �'F�•�� Deed of Ttust,ar if an action or roceedin is commenced whicb materiall affects Lender's inten:�;in the Pro
<br /> � :f`?,�:;, . Y P g Y PertY• , .
<br /> � '''�'r`;��i;��`' • then l,ender,at l.ender s option.upon notice to Bonoxer,may make such appearances.dis8urse such sums,including
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<br /> • . � ; reasonable attarneys'fees.and lake such aetion as is necessary to protect LendePs intarest.lf L,ender mqulKd mortgage ---
<br /> •: :i ,. � • � iniUrance as a cpndition of making the loan secured by this Deed of Tra�a„Borrawer shall pay the premiums required to .
<br /> ` �'. �� 'ai;si�r;aia sacii i���ance in effect untit such time as the reguirement i`�es::cb insurance termi»ates in acmrdunce with
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<br /> ' �` .. ' ��i�er's an�d Cr�:der s wtitten agreement or applicable law. � .
<br /> '� . , ;,�,;�.;;,., " "'A'ity amounts.disbursed by Lender pursuant to this�}sara;tapl�.,�; µith interest thereon. at the Note rate.sha11 :.�
<br /> � •.,�P;�,ji;;';�+;. . beauTt� additional indebtedness of Borrower secuteQ �s� t:lf:s'De�..d'ef Trust. Unle.�.$orrower and Lenfier a&ci�to , ='�
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<br /> ,,., ,., otiier terms of payment.such amounts shall be payalil�u�ila notic�;Crr�m Lender tu Borrower reqceesdn.g Fapment
<br /> '' '�• thereof.Nothing contained in this paragrnpb�T s�nll require i.ender to iiswcany expense or take an1:;�:ctir��n lt�e�snder. ` t� .
<br /> � ' , . ' ��.,�� � 8. tasp¢cHoa.Lender may make ar cauce to be maAe reasonabte entries upon and inspertiars���ff the Property. .
<br /> ;; ' ..:,.:ti,;, - provided that Lender shall give 8qrra�ver aorice priot to any such inspection specifying reasana�le cause therefor • °
<br /> ,��.,,; ralated to Lender s interest ir�th�i'roptrty. ,�'
<br /> �'• °� 9: Condsmnation.The prure�eds of any�awnrd or eiaim for damuge5.direct or consequential.in connection with ,
<br /> - ` � any rnndemnation�ot other taialn�of the Pcopeery.or part thereof.or for con�•eyance in lieu of conAemnation,are '
<br /> � . ;i. .. hereby assigned�ad lhNl be paid to Ixnder,subject to the terms of any murtgage,deed of ttust or otlier security agree-
<br /> +, • ment�aith a lien�vbich hcu priority oveT this D�eed of Trust.
<br /> , •;; '°;�:��!.,. • t0i Boaower l�mt Releas¢d;�Fo�earance By Lender Not u Wui�¢r. E�ctension of the �ime far pAyment or
<br /> ,�• ?� : � modiflgation of amortiaation af thr sums secured by thjs I?eed of Truxt granted by Lender to any successor in interest of , I •
<br /> , �• � Borrower shall not operate tn release.in anp manner,the li5billty of the original Bonower and Bunoaer's successors in
<br /> �;, , intetest.Lender shall noi be required to commence proccedings against such successar or refuse to extend time fos pay- �
<br /> �i +,+;• , ment or otherwise modify amortization of the sums secureA by this Deed of 7rust by reason of any demand made by 1he
<br /> �� • . • origiaal Boaower and Borrower's successors in interest.Any forbearanre by Lender in exercising any right or remedy
<br /> �; .• he¢ennder.or otherwise aR'orded 1is applicable faw.shall not be a wai�•er of or preclude the exercise of any such right os
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<br /> ; �r. . . � 11. 5otcessorn and Asstgus Boandt JoMt aad Sccera! Ua611itya Co•sigaer�. 'i'he covcnants and agrcements .
<br /> �-� E " --`����-�--- 'herein cuntaitied shall binA,and ihe rights hereunder shall inu�to.the respcctive successun and assigns of Lcnder and ` �
<br /> Y� �-, Bomas�er.subject to the pra��sions of pasagrapb 16 hereof.All co�•enants and agreements oi Barrou•er shall be joint and
<br /> ' ' several�Aey Borrawet who easigns this Qeed of Tiust.but does not execute the Note.(al is co•signing this Iked nf Trust ,
<br /> �'. ��� � oafy�to grant and convey thai 8orrower's interest in the Property to'Prustce undcr thr tcrms.�f Ihis Qced c�f T�ust.lbl is '
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