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<br /> � � n-�f �' EJNIFOAM CaVENANT&8crro�+er and lendef cover�9sii and egrea es tallaw� �- ' � . ��.`� �- w-
<br /> �� � ;?; � � 1.Payensnt o1 Prtn�i�aaf ae�d_tni��t.Barravrer shell paomRtiY PaY whon duo tha�rirtai�al.ot end�inY[1r�s. the u _
<br /> � ..:A • inQeLi�dnessevidenoedbytl�eNot�Gr�ym nntandlatecbargesa�provfde�tntbe�to.3nd9h�pnaCylBFOis3t�d�o� � --° --
<br /> � erty Fulure AdvartCes Secured tiy the�ee�ot TrusL '" ' n�' �� e
<br /> Z Fa�si�srTtt�s�dlfss3st�rsee.SuD�ecttasppt�cabJetewOCfo�wrfttBnMraivBrb�Lentfer.�trra�yors4��ilqAi+,tst $ti�Ter � � -
<br /> • ' ontheda��mantt�tyfnshalimentsofgstnCigaeandintaeestareRayoOlQUndartha�t+�euntit�et�tfl3ot�p����ttilsoi�T. �j0 ' •� ' ;f` —
<br /> , �•Fnrtds'1�9uet to ane-tweiM of the yEarty tt�ces end essessmama whicti m4y att�lrt P�� o�+!or� � , ,��,;�
<br /> - — _ g�aun��isanthePiroOertY.ifanY.Pluaone-aeoittha4y$arly�r0miumms►iafimvnt�forha=ac�nauronc3611uaora•t�e� e!� �.tr;��� _
<br /> yaaRy prerntnm instel�m�for martgags irrauranc��f er►y aH es rs�saaa�iy e3�mst�d i:sttl�tty and tra�n�ritnu�tt�•tl hj� . s�,��,� ..�
<br /> � .' Lsrtder cn tlt8�asis of assesstn2ntn and bilia end rQasanaOA e3?itrtates the�ot ' c + ` �, .
<br /> TiteFundeshelibeheldinaa�instituttontheQepas3toefaccauntsafwhichse+�lnsuredergua�anS0a0.by.s�eztl�f+�r•� •
<br /> {, , ' agency pncludinfl Lendar it Lender is such an ins�tutton�Lendar�htsit u0piy.the tunda to�y.enid•Wce�.a , ��•:, . .
<br /> .:,:.. ____. .._ insurens�P�+erMumsandg�oundrentaLendermaYno2cRar3etarsohaldingartdapptyingtfie undasnitt'YF.��Q�tlitt�lRRainPt-. • �, ,,.• .. :: ,;:_� : �.�
<br /> • � orvarifytingandcompSiingsaidassas,smentsand�tftaurttussLendsr�ts►�s B��rawertnserestarrishp��mdstanda iiitifHtttl�itv.�; ,,. , r, _
<br /> �(blendertomafcesuchacharg�6orrovlerandl.enderme}Fagreeinwr�Un9stthetlmavimttecuttffn�fYhla��f,'��=UtR�� ' ,,: '-'��� i 4>
<br /> �•`,:'�.;; `, . that int�rest ort tt►e Funda shail Qs Paid to Borro�ver,airQ,uMess such egraem�t ts madn aceR�t�icalqe luw�q�nm8�vQh:•� ;,•.�•.;'� - . �,.�%,, �,�:
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<br /> ''a tnteresttab�t�taidrLer�dershallrtat6erequirodto�sic�crmiveranyinterastcreamin ucnthaSunda.f.ender,ahntlgif+iola� .
<br />= I ::��t•�.?:<•:,'� Borrower.saithautchstse.anannuaiaccaumirtga����tnctsst►nwing.�c�redit�anddn�itstoiheFundasnd�tttput�o��tprs:`... f � : F +� �s,
<br /> :� :`.,;:�:�'�.��,s> whicheachd�'s3CafheFundswasmade.TbsF�rt+i�a�ptpdQedasa�Witionalsecu�ityfarthoaumaseauladbytNt(t1CeQdale;' . ?;,;,�;,/.J,r,�_ r ;:t;>��. �>.
<br /> /�:��p,��t ,. Ttust • .. :.- � � ; ' - •. ' ; , ,'I � � �� �
<br /> �f1r,��s ��; �Hfhear��un4�nithstundsh9ldhyLendar.tagethervtiRht4i�futurt3tiiart�fityinatallmertsotFundripaf'f�btinpnqrto.(tq�ttp ,��
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<br /> `j 'F�tir� datEB af�;asses�nents,insutance Premiums artQ gra+urd r��s4ratl exceed tfle emaunt ea�uitad�ta Pt1yl:�it1��t" � ; �
<br /> ;r^� - — a�serri�issurer►ce premianss and grcrmd re�ts es��=faN:du�c snci►excess.shatl�e.at.Bortqsver�b aptittA,,dtt talr � , _y � v
<br /> � ,. � ; r p�m�By� aid to BoRO�ver or credited to Borrowe�cn�f�trr�ltmen�oi FunGa if the amountot,tllq�Urtds h�t4t: �
<br /> � -: t,...�srsh2t�natbesufticianttopayt�es.assessmenta.irt�nr`�crre�umsand roundaenteastheyRtall�ue.6etm�dr�� :� ��, _
<br /> �, � aotlee ia maited b t:mid ""�
<br />�'��, ,•;.:` pay to L�d�s any amcunt neQessary to rnake up the d�a�r�ftjn 30 days m the�ate Y : �;�;.°�,�. � ��F�"a� ��
<br />���< : Borrawer t�esting payment thereot . .; � • , , '
<br />�"°��< < � �. . Upen�a►,�S►tlnftiilofallsumasecuredbythisOeedofTTiBtLenderah8tl�rmrr�ttty.tatund'�uBo�mwe�arty!F.uq ahe(dby. � ,�;,��.
<br />��`' ';..-• L�ider_ifi�.�as��Rh.18.0ereofthePrape�y rssaldartfiePrope�isoMevalIISaaRuiradbu�.anderc.Lenaer' . ePD�11• :°R i�
<br />-,�..�.;,��,le.,+ _ P ctl�a u-isit�onb �nQtuiami�unduHeldby,L.endar,�.,�,��meot.. . .. _ :; -�►-
<br /> ,�, ;,. y, ri��°.•,, •..�� .., �•t�►thassfmmediatetypriortolifesaTeoiitte rapertsc� cq K . , . •,,, .., '�,' ,tF ��V'.�.�_
<br /> �,£ �'����,} , a�sitqa�on a��cwdit ageInst tha sums secured by thcs G�ed oi 7rust �� I��I��l+�2B J�IOtB ��Y�'L ih1 y^'� -
<br /> ,� F , :�. -3.Appt�$�n of Peyt�ea�.Unless aqPticeble laiv Orovides otherwise.ail paymsnta ceaet�r$d�s��nd�t� .
<br /> t � + F,? _�dp8rg tffi•tand2flereofshail6e�pptledDyLend�rfirstinpaymaotaf.amaunlsA8Y�b1aLaLendg"rpy,"�$ar�uQ�-�aneer � ,� t ,;� ;�;�`
<br /> ;m - , ,��^.•' :" : � .,�paiag �ssseot.thento[ntenastpaY�.ta4!?�►aNate.tfieniothePooaipalaftftat�tlt�.9ndtfteor,�i�a,�qptt�apalon
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<br /> ,r . ���4, `�n�.�ortowerssha{Ipg�3 t�iitesce�9.essessment�atidotitercharges.finesend�' p �tiaiiaaittfiful�fetothe ��'
<br /> � �Ef4`. �, n� • �may aitai»a prioritp.aver t��s Dead oi,Trust and teasabptd payments or groun�r�rti�:+fieny;,in:t�s���• :. :..„_�� ,:
<br /> � • �-• , i. � { j���r p a r agraph 2 hereof or,if not.�aid in suati,mannar.byrP�rrower making payment when:due,Rti►Ra�y. �
<br /> � `" v , ' . �,r�� �orro�vershsilpromptly5`umi�..•oLend�et4'nattoesot�arttountsdueunderM(spareg'�aRh.amAin�Qevent. ..,..< N,t,��
<br />-i,• � .°:,fi���,`. . �.�::;��irar�ep:tkt��,�ake ayment diractt�+::Rarto.var sha8�prompHy;twniitih;to Lender�eceipta evidencing such payments '.. :
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<br />_�t* •• �fr:�ky'; '.:;����:��g�, , mp�ydischarge8nK4ikn.whicH.h&spriorityoverthis�ed ofTrusXprov�ded.tha36oROwershallnot6e.. : . - - .- •.�,t��, �
<br /> �c �^.,; f r�dt��f ,tacgaeny suchliensotong�s6arro�vershatlagr�a�rt'�nitfn9�+u�h�RaYmentoftheobligettOns2curedbysuct� ' a�� .
<br /> ;' , L� ; �•�,,I��r B t�tE�"sccepiabte to LenQer.or shall in gaad iaith contest such!1sh�iy:Qrdefaod entorcement of such iien in,tegat � r> � �
<br /> �; ' �'•;��`:•' � .• {��r,�edirigs wttioh operate to prevent the eniorcemant atthe lien ar fo�faltUr�afit�la t�cpartS+.or eny paR thereof. , �.,,��',;t„.,•, . ; .H, �
<br /> •-�'�`?;'';� ` � .�:.p..Haza�dlnaurance.. atmwershallkeep3heimprmc9mentsnowexi�tin}�.anttaiaeifar,erectedonthePra�insu�ed �;��;�ir°�:�•` "- � ,.1.•�;;. ;.
<br /> ;, � " ' •� , �;.�gansttossbytire.h��nch,dedwithintheterm�_�deAaoverege".,aodsUaiinitterhazarQsasLende�c�}�require ., f'�s,%;�,•', i .
<br /> • > t . . �trAinsu�amOUntsand'ar��uchperfodsaslendermeYtequire•pravittgCrtt►ptZendersbi►pi�cllreQuirethat�s�a�0unto! . . [�' ���'r .�
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<br /> . sucf�cove��xceed U�at emaurrt at�ar6rege requirea to pay,i�a sams sacured by thi�R�of 7n�st •� C;:":�;..:,��,�:,.:,�_�,�`',� �:
<br /> TQ�fain:u�tsde carrierpro�idingthe�t��rlranaeshall bechosen bVBorrowersubjecttoaR�rqvdt bp Leader.pravedeQthat �,:.,ra,: :,.,�
<br /> ���Ch apprC;�ShaQ not Ge unreasonabty wdhheld.Au�remiums on tnsurence poticies shaQ e 61aid�che manrter provided � ,.,,
<br /> und9rDar3�rdph 2 hereof or,if not paid m such mannarj bp.Borrower making payment,arhen due direGUY to tt�e insurance • �� ;: ..
<br /> 'f Y . • ;, , �37��urdnCe poiicies and renewal3 thereof shaU be tn ra�n accept8ble to Lender and shalf inciude a Sffindan3��age. , _=�s�`-
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<br /> � . , � •�•`"�;�,�.aetnf��asofandinformacceptabletoLenQer.Lende►�1�allhavetherighttohotdthepoticiesandrenewatsc!v-��o.and �`�.:,,:,�,�
<br /> '' �*.rra�C{��[dEprompdyfumi�titotenderBU�enewalnotieesanda0receiptsotpa�dpremwms.InthaeventotiCSS.m'�Dwer ,. ,_yj�
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<br /> ' . ..1�.fg,�Aror.•�2 nobcetothe:�ssurancecartferandlenEer.Lender��ymakeproofotlassdnotmadaprompttyby��x. �.�
<br /> �3nfessL•'�de?'andBc•.rawerothervviseagreeinwriting.insuran:ctproceedsshailbeapptiedtorestoretionort��ai�aofllr�, � . _
<br /> � `� ��R.Rerty�d&:r+d�ed,pror�id�suchrestorationorrepairisE�anar.:rrA,>yteasibteandthesecurRyolthisOeedot�a2;sta,:�ct ; .�.� • ..
<br /> �t�, � �.,�;is;'�.;'�.;:- - � ti�e�eby tmpaired.lf SucP�cr,�raGon or repair is not eCW�ca.:•�r'??asible or tl the secunty ot this Oeed of TrusC M���q�� , � �� ' � ..
<br /> ,: . • t .
<br /> �,s,,; ;' • � i��sired.the insurance pcarreeds sh811 be apptied to�:�s.,.��8ser.��2 by this Oe�d mtTtust�with the excess,rt�-'�'�,�?m W � z °"
<br /> � '8onower.lf the ProPeAY is abandoned bv Botrower.ac���.^.nouir�a�'.?'s to res�cl�x O.erder within 30 days ha4^?=+e`+z��a:� .. . � �',,
<br /> � � �!,'`��'' nofice is mailed by f:ender to Bonower tfrat r»e msurr.ce caR�eT r,r';ar�.:o setLe�z;aim tor insurence benetits.Cra'v,�na�' , '�?a.s
<br /> , `, ,�;:, �.
<br /> autho�ized td collect end appty t�e insurar•�:eproceeds at LenOer's���'�either to restoration qr repa�r of the P�orr�v°'y ar¢�1�. ,�� • ,•:,;•.:., _
<br /> � � ` tfie sum3 secured by this Deed of 7rust ,�'`'' ��'�''`�
<br /> ,`:� .� ' UnfessLenderandBorrowerothervuis�agreeinvr.;•�.i�g:anysuchappl�cationofproceedatnprineipalshalln�,r.�aten0or �: �'•i�' :
<br /> ' � � �SOStpone tt�e due dete O1 the mont h ly ins t a l lmen ts r e'�?1e d to�n p aragra phs t and 2 hereot or chenge tfie am�Of such E � . ,
<br /> '' • �o:staltmenta It under paragrapb 18 hereof the Propenv:5:3.qwredby Lender,all nght,title and interest ot Baacv��s in and to i . ,.
<br /> - anyinsurancepoliciesendinantltott�eproceedsthe+�:l.nasulbngtromdamagetothePropertypao►totheseteCr,�,r�ufsi6on I . � .
<br /> . shall pass to Lender to the extent ot the sums sacurecti 1^c�Y�t�is Deed of Trust�mmediately ptior to such sale or 2a��isition. �
<br /> � �1 6. Prc�asrvationandMalntonancoolProperty:Leaseholda;Ca�cr.�icn{nlums;PtannedUn(t0avetopmanta.Bonowershall i .
<br /> ; r , , ;� , keep the Property►in good repair and shall not commit waste or Ft��.r aa�pairment of deterioration ot the Property an0 shafl � : ;
<br /> compty withtheprovisionsolanyleaseifthis0eedofT�ustisana��s�t?atd.Ifthis0eedotTrustisonaunitrnacondominium, ;,
<br /> , , � ' or a p lanned unit devetopmen�Borrower shaU pe�far,�ri 4:!a f 8 orccu��p�'s o b li g a ti o n a u n d e�t h e E e c l a►a t i o n o r c o v e n a n t s t�.
<br /> �� creating or governing the condominwm or planned�ir�,s�dn_velopmer,r,iRe byta�vs and regulations of the Condominium or
<br /> �� r� • � � � • . plannea unit d�velopmerrt,and eonstituenf doCumer,ts.u a wndorr.sr..rum or plane�ed unit developmeot rider is eAeuted by
<br /> • � ��'� �Borrower and reCOrded tagether w�th UrisQeed ot trust�ne covenarrs and agreoments ot Such rlder shatl0e�rtcorporated � .
<br /> �� . ' ,�;'�,:; into and 5ha0 amend and supplement tnc r,o�enants and agreemertts�t thls Deed ot Trust as it the�idar were a pan heteof. ;
<br /> 7, pnabp�xbn of La�dor'o Sc�eurity.N t3�sirower fails to pertorm me exavenants and agreements'c��raieed�a this QeeO of ! .::
<br /> �
<br /> Trus�or it any action or proceeding�s cocrtmenced w;th maierialty atfc-�b Lender's interest In the�6�/•inaluCing but nat •,�.�' .
<br /> Iimitedto emmontdomam,insolvency,cadeenforcersiec:4o�aRangementsorproceedingsinvalvinga{.�av�krr��tordecedent ;,;;;;`,;:
<br /> then Lender at Lender's opUon.upon notice to 8orrow�.may make such appearances,dcsburse such Sums a.�d Lake such .
<br /> actionasisnecessarytoproteclLeader's�nteres�inc(udirtg,butnotUm�tedto,disbursementot�easonabteattorrrey:sfeesand . .,
<br /> entry uponlhePropertytomakerepa�raNlenderreqwredmortgage:r,;�,rancea9aconditionofmakingmelaa�ss�curedby
<br /> the Reed of Trus�.9orrower shaU pay the premiums requ�red to ma�nit�n such insurartce in ettect unbl sucR hcr.e a9 t►re
<br /> ! . , requirementtersuchinsuranceterm�nales�naccordancewith8orrcwc+`sandlender'ewnttenagreeme�torapptir.,alCetaa►
<br /> BaROwer shell pay the amount ot a�1 martgege insurance permwms�n the manner prov+�ed under para raDh 2 R�ereaf.
<br /> . !�" � My amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shatl �ecome �E6i�onal
<br /> , �'• . � � ind�DteQn8SSO16o►rowerSeCUredEythis0eedotTrust.Untesseorrowerandtenderagreetoothertermsofpayr�:ent,such
<br /> • ,� � amounts shall be payabte upon notica trom lender to Borrower requesNng payment hereot,ar�lf Shatl bear�nteresttrom the
<br /> deteoftlisCursementatthetatepayablefromtimetot�meonoutstandmgpnncipalund��theNoteuntesspaymentofinterest
<br />_ ..; at BuCh rat0 woutd be contrary to appIlcabte law.�n which event such emounts shal!bear intetest at the highest rete _
<br /> `�' ' � p Ua hereunder epp���btelaw.Nolhingcontamedmthisparagreph7shailrepmreLendertoincutenyexaenseorfakeany ,
<br /> ,� ac
<br /> ''j. � 8.fnapeetlon.lender may make or eause to be made reasonabte entnes upon and mspechons otthe Ptoperty,prov�ded
<br /> i i; . �( thatLendershallgiveBorrowernoticepriortoanysuchinspect�onspec�ry�ngreasonablecausetheretorerelatedtotenders
<br /> � � ( interest in the Property.
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