|
A3� F7_ �� }7 i� �
<br /> . � jt: , .". . . . ..., . . . . , . . . .. . .
<br /> _ ` .' i" .-'. . � . '-IJ S4 ' ' � . f , `X � _ .. � . � . .. . . . .�. - �...
<br /> � � . .
<br /> . �. '; � � �� ,� -. . 4. ' ... _ - . :. .. • .. .. �
<br /> .
<br /> „ -
<br /> V '
<br /> , � � .. .....� . .._ ,... . . .. . ' : . " �. .
<br /> - -.__,.�...___. _ ___..— ...�� , _'`_ _ ._ .. — __
<br /> _ .� �� � .� . {S - + 1 '� � . . . ' y� � o. �t i .-_., i � _,
<br /> __ . �_ tu,�,� .! _ __-�'. . ...-... " ' _.:vi. " ._ . .. ,�. }
<br /> ' ,:�.=�- tti*;�` ._• c�.,�',z-y ---
<br /> . . ' ' . C.�ih.. , 'l"4'�:^_. _
<br /> —���r�,� � , , �� ` - -�vf� ,�-5 �3�'.
<br /> . . _ , . � ` ' ' . � . . � fZY. � . �
<br /> •��' - � . : . . ' . ' . _ ` �,.-
<br /> ' .:-yf(.�� , . . . � . � . � ��.`'^�.
<br /> . � ' , (. . . . . . . �
<br /> :� `�`u �:f ��'�. � g�� �o4t}S� ' : � � � ; � �` °
<br /> � . .: ..<< � U{�f��1�,lADRS.Bocrotiver end�ender covenant and agree es taifaws: , .' -
<br /> ,�� � ,�'` � 1.Payrt7ArH ot Pt(ne�at�rtd Ml�sL Harmwer shall prompt{y pay wRbn due th�Orirtcipal,of and iretePest pn tAe � � ' �
<br /> . • f ' :� inQabiBdnease+�de�eedbyV►et�tcte.pta ntendt$techergesa�0���edintheHot�art�tfaepnneipalo4andiptereaton . ,
<br />- , any Future A6vane�6ecured by the of Trust � .. . , � .. ;."�`�
<br /> , . , 2.�tlndflD�Tat�artdt��.g��toeQ9lit�btetawor�awtitcenwaiverby Lendet6arrowarshatlpayWlendar �. •< <.•. : :.:,�:;��°�
<br /> -- � `- .� . .`.` .'� .r ont�eQaymonthiy[nsb�ttr�erttaolp�iasCipalandinteres4aroRayaDteundarthet�ota:uNiltfioKflfet9R�dintutl.asum(harein -- „ .: �;«_
<br /> •� � _- - "Eunds"!e�sCe!io ans-truslfth of the yrfer(y taxea end asses�mee►�whteh may a3f�io P�orfty over this Qaed a4 Ttusf,artd t ° -
<br /> - > groundreMscntlraPropc�itany.�tuaone-trn�ifthofyeariypramiuminsffiltmenLatorhaserdlntsuranea.plussone-t�roetftt�ot �� ,
<br /> a •
<br /> yea�hl a�emium tnsdaftm�nb ta►mor�age iasurance.�t erry.e118s ressOSlBbhl est���iniUFtlify ond from time to time tiy <
<br />_ ,.F�` :�` . . Lender oa tha ti�s o�a�ments enti hEtis and�eaaonaDte a�mates ft��. 1 ..:.:. . ,': .,�.:_',;�.
<br /> � ThaFundsshall�eheldinanir��tid�tionthedepoaiteoraccounL�otwfiichareinSuredorguaranteedbyaEederulo:s�ate _ ;:� t,,.;.,�,-.::
<br /> " agenay(including Lender N Lender ia sucA an institutian).Lertdar aAaA appty the funds to psy said�ces.asa�samanta � :-''.:'.��'_ -:� _
<br /> , � insuiancePr�miumsandgroundrentaLendermaynotehargetarsah�td�ngandaPAiytngtheFunds,anatyiirt9sat�aCCOUnt - - -. "'^�";='_.
<br /> � � � ocyeriryringand�ompilUsgsaidassessmemaer�dbilta,uNesstenderpaya Borrowerir�terestantheFundsenQeppt�!elew ,'.�,r f , .
<br /> permitalendertomakesuchachatga6a►mwerandlendetmayegteeinwrittngattAetimeofenecutiancithiaDeedMT�ust • •
<br /> - � that interaqt on dfo Furtda shall bs ptvd to 8arrower,end unless such agreement is made or epp1lcaihe few reqaues sach '� `- '�:`a;_�;;�:. '
<br /> ' inierest to be pafd.Lender ahatt rtot be reRair+sd to 9a11 BamOwerarry interestor eamings on the Wrtda�ender shalt g�ve to .
<br />_!' ; � " BoROwer.witttout charge.an annual accounting af tite Funds�towing cn3dits and de5iis W the F�mds end the purposo tor • ...5. �`. ' _
<br /> ?. : • � whlcheachdebiitotheFundawasmadaTPieFuadsareptadgedasad�ttonalsecvritytarthesumssecured�ythisDesdof . �' ` �
<br /> TrusL � : .`. " ' `>`�
<br /> N the amount qf tl1e furtds held by Lender.tngeUu��itli the tuturta monthly instailmsnts ot Furtda payabte prio�to the due ' ,:-. �"`S '�.'.
<br /> : � � dates oi taxea asssssmant�insurence�emiums a,�ground rerrts,shall exceed itre amuunt�qu ireQ to pay saiA taxes. ; `;'�� . . ' `>
<br /> , ' •:.�,:�, :� assessment�.insuranae premiums art�{�upd�es thay fail due�such excess shall be.at Borrowefa option.either ' �: ' '. �-.
<br /> 'ry�.�_�_: �._i��;�'-s i; promptiy repaid to Bamower oc credited 4=HorrowEr�mon3hty insffiitmenis of�uuids.it the amaunf ot the Fun�s hekt by . . _ -
<br /> "::. ;•,.. "+.>s` - ,lendsrshaiinatbesufffcierttlopay�ce��ssrRertt;�afnSUrartcepremiumsandg�our��renffiastheyfatldu��arrowershall � .
<br /> -r: ,;:{�. . '`�?,* pay to Lender anx amo�riteiar.essary to,makB up the deftctency within 3Q days ft�nr Hxe dete natice is maii�scd Ey'Lender to
<br /> ` :t�'�- . '� : ., . BartowerrequesGrtg�ay.r,antthereot- - _ '� (`: ` . .
<br /> _:; '�, • • ,r4e;:' � Upor1�ym antintullaTalfsums bythisDeedoftnrsLLenQersdaliproii�`:greUu►dinBamouverany�tit�0a.heldRy ... �' � x;�r.s:,,.1- _
<br /> '���'_°• Lender.ffuinctsrparagra�hl8hereosf�psrty issoidorthePrc isqttien►nseacQuir�dDyLenRer.Lendershstlapply. �.�>':,� ,� . .
<br /> � � ��f�-t� � nolate s;:nmediatet tiortothe �:�lthePro oritse �r� LendBr,andFundsheldb lenderatthetimect �' ` ��
<br /> • ( YD `� P�� � 4 Y Y f . .,;;j�:r='�:
<br /> • ;,,. �.. • .. apptiCStt'm�,..�i3�e credit Hgainst the sui��cured by this Deed af s�c,.�:,�� .�, , .l:,,:'�r�f�-:,:. �
<br /> .' %.��;: . _ ] . ,;,r.�rYM.-.�,.:_.....
<br /> ._+ �•.., , � 3. A�onof��Unless�pitcaDtetaw providesothQnkise.all�a�y.ner►1s�ecaivedbyLenderuncf�tt�eNote' r..:., .
<br /> �;�� � • ;,� and paragraphs 1 and 2ltereoi sha110e applied by L�nderfirs!in paytnent ot amCttnis payabfe to Lender by B�tta�mer under � ' `��,��)�z�!�s;;.;.,`;R;
<br /> , ':,.•.••..,. {:, f •.
<br /> �. , , paragraph2hereoi,thentoiaterestpayabteonthePtdt�t�entotrie�dncipaloftli�l�ote.andthentointerestamipnncipaton t ���.��, ;���,_�.
<br /> . � anyFutureadvances. �',�:.'. • . E .. ,,ss , r �
<br /> . ' 1. Charpat;U�ns.BorrowerssttaE(sr�yelltaxes;assess9narets��hercharges.finesandimpositionsattribuffibietothe � �'���l r'
<br /> ' � ' Proper4y which may attain a pr�or�'t�¢ic-ff tl�is Oeed af'frus�and�old payments cr ground rents,if any,in the manner (, •. . . . `�. ��°
<br /> ' . • . � rovidedurtder pa T+ereo� 9 l►m . �Y : :`. ' . ���;.
<br /> '; p ragnaph 2 Qe;.Cf not paid In such manr8r.'Cr'y 3orrower atalcin pa ent,when dua,dire to the s�a •�
<br /> � ��:,.,: paye�thereM Borrawer�'�allDramp�y�fumishtoLendera!lnotice�ofamourrLsd�isunderthisperagraph.an�ii�#tteevent
<br /> �;` BertOwar sh�tl mak� �nt qirecN�y.BorPOwer shall promyUy fumish 10' receipb evidencing s.�df�ym ents- ..p � = ` ��;
<br /> ;� ;;'-��r• 8 o r r o w e r s h a i l pr o rn p t���a r g e a n y l i e n w h i c h h a s p n o ri ry o v e r t h i s D�e d",��'�'iv.�prwld e Q that 8orco��ti�il a�ot ba ;'t ' • ' ' ' ' �"•��r ;
<br /> '� requiredtodischargea��rtcfifiensatongas6orrowersha11agreeire�w:r.gt�si�fl��rnentoftl�eabtig�tionsG-�r:i�dbi�suct� . ,�, . ':'.:''�'=
<br /> -� � � �':
<br /> � �� � IieninamanneracceptabEBtoLender.arshallingoodlaiU�conLess�s��7tiF�2n��.ocr�efandenia�sc�ntofsuc:�i.+i�=r:ie'�-'�!. , q�;;
<br />� procesdinga which operete to prev�ntttte eMorcement of the lien ae tce�i����,�Propect�aP¢ayr parfther�3:, , .. � ; �y;
<br /> �� • S. I�as�rm tnsunnee.Borrower shelt keep the irt�provemeats rra�c�'c�rn-�aaftet ereCted on the PreOeri�y insure� ��u:
<br /> � ;� �� againsi loss py fire hazards included with(n theterrt�."extended.cov... e".ar�sxu�h othar hazards as Lendercr,a�r requir� ; . � ;�.::,;l�;is
<br /> aRdinsuchamount�andiorsachpedodsasLendermay require;provi ed,thett�a:�e►sheQnotrequirethatticeartieuntbf � �"���•�"�
<br /> • �::4 ; such coverage uxceed that amouM of coveragerequi r e d to pgy trie suma secu r 0 d by t h is O ee d o f T►u s t : ° <i�s
<br /> Thielnsuranceca�erprovldingtheinsurancesriallbechosenbyBorrowersubjecitoapprovalbyLender.provided,that � ..����:�
<br /> ` such approval sha0 not be unreasonabty wilhheid.AN premiums o�msurance policies shail be Paid�n the manner prowded
<br /> under paragraph 2 hereot or.it not paid�n sach manner,by Boaower making payment,when due,directty to the insurance �
<br /> � • C8f11er. ; , . '}.
<br /> :y� � All insurance policiea and renewals thereof shatl be in tortn accepta0te tolender and shall include a sffindard mortgage , .
<br /> clauseinfavarotanAinformacceptabletoLe�der.Lendershatlhavetherighttohe�dthepoliciesandrenewalathereof.and . -
<br /> . BoROwershall promptly tumish to Lenderail renewal noticesartd ati receip�sof paidp►-em�uma tnthe eventof toss.Bonower .
<br /> shailgivepromptnoticet3sst:einsurancecarrierandtender.le�dermaymakepro¢i'ai?ossilnotmaQeprompUybyBoROwer. ' '"�,'��
<br /> UntBSSLn_nderandB�crowerpttterwiseagreeinwriting.insuranceproceedsshgl�Oeappliedtorestorationorrep8irofthe ; ���-.
<br /> : • Property B:i�aged.pr�maed such s�irsration or repair is economrce^L'y,feasibte and the secu��of tMs Oasd ot Trust is not ,i�..�` , ,
<br /> . �,';; � thereby fr:�-���hed.f1 suc�re$toratica ce�:epair is not economicaltg+�„Dte or i1 the security qi�;�,�0eed ot Trust would be� •�`�,�,
<br /> •.;;:.. ,
<br /> � impaired,�+7e insurance�roeoeds st;�::�t�e applied to the sums seG.u�e:d by this Deed o?Trust,ir.9*ti�e excess,if any,paid ta ; .•:;•;t;�4� :
<br /> ; Bortower.H the PropertyE�5 abandoned by BoROwer,or if Borrowe��a:ts to respond to Lerder vd�t:�in 30 days trom she date ��;,.
<br /> notice is mailed by Lender to Borrower that the insurr;rce ca►rier oiters to settta a cia�m tor insurance Desieh�s.Lender is , , • •
<br /> • auffiorized to col(ectandepply the insurance proc�d=at Lender's option either to�estorat�on or repeir of��fi►�eRyor to • • �
<br /> the sums secured by this Oeed of Trusi � � • ��`�
<br /> + :( :�`• .'
<br /> • � Unlc�si.snGerandBonowerothenai:seagreeinwrbting,anys�.::iT�pplicationotproceedstcnr.ncipals�?a�t'rr�;extendor � �;, ;,: . .
<br /> postportetfie due date ot the montht��a�statimenq ra'.err8d to sn�.::a�;rapfis 1 and 2 hereof u d'.�nge the�;.••r�nt o1 such. ,��',:_;:.,°..,,
<br /> • instelimenis.tfunderpatagraphl8hr�ptthePro�e!r.y;sacquir+�t�:�Rnder,ailrighLtitteanari�restolLc�r_urnrinendta � , :;�i,��r`�
<br /> anyinsurancepoticiesandinendtotheproceeds+�:c�a5tresWt,r�tj�r±;Cama�e�tlaePropertypaortothes��n.,Tacquisition ; � � �
<br /> � . shall pass to Lender to sire e�tent of the sums secur�by this De�c!of trust°tn�^s�e�siety prior to such sate w�m�Cuisition. ��;: : '
<br /> � 8. PreaervaUonanWFJ�aUc�'^�r�acssa�ofProperty;Loasehofds:Coadominivcrtsap�adUnitQavetopmenta.i�crrowershatl i�.
<br /> 3� � keep the PropeRy in gc�rG�:air2cc�sn.a11 not commit waste or permit impsir��s-�r,c1 deterioration of the Pro�erry and shall � •
<br /> ; complywiththepravisiorgaf�ry:��f2hisDeedolTruStisonale�Seho(�.ItthisDeedofTrust:sanaunitinacondomin�um �.;�,,
<br /> �: ! or a p(anned unii devetots�tr�n�'80rrcwer shall peAorm all 01 Bor�ower s obligations under ttte dectaration or covenants '
<br /> � A; � creeUng or goveming�*�condominium or planned unit devetopment,the by-faws and regut�Uaaa o1 the condominium or
<br /> � p�anned unjf devefoprrG�rrr and constih�ent documents.II a cortdom�nium or pl2nn�d unit development r�der is exCUted by
<br /> ;;:"'• Borrower and recorded tiag�ther wrth this Qeed of Trusf.the covenantsand a r¢cmr�.nts ot such rider sha(I be(rcorporated
<br /> . into end shall amend afr��pteme�t the covenantS ard agreements o1 this�ee�1 ut�Trust as i1 the rider xiet��i peR Aereof.
<br /> � Z Pruteetlon o1 LeadrsP'a Secur(ty.N Qorrower f^�,ISto peAarm the eavenanq srQ agreements con�nQd in this Qeed of '; ,
<br /> ' ' T�uaL or ita�y ectton 0�proCeeding is commenced vr,:h materialty aYects tenQer's interest in the Prcperty.includtng but not
<br /> limitedto,emmentdomam,insotvency,codeenforcemenf,orarrangn.�rrentsor proceedingsmvolvirtq a bankruptordecedent,
<br /> then tertdes at Lendei s opUon,upon noticeto Borrower,may mah:�such appearances,dlsburse such sums and take such
<br /> acUooasisrteces58rytop�otecttender'sinteresRlncluding butnoltimite0to,0isbursementolreasonabteattomey'sfeesand
<br /> entry uponthePropeRytomake�epeirs.l}Lenderrequiredmortgageinsuraneeasaconditiono}makingthetoensecuredby
<br /> !+ the Deed of TNSf.Borrower shall pgy tf�e premiuma reQu�red to maintain such insurance in eHect until suCh time es the
<br /> i • requlrementtorsuchinsurancetermtnatesinaccordancewithBarrower'sandlender'swnttenagreementorappIicalDelaw
<br /> , Bonower st�all pay the amount ot a11 mortgage�nsurence perm�ums in the manner provided urtder paregraph 2 hereol.
<br /> Any amounts disbutsed by Lender pursuaM to this paragraph 7, w�th iat0rest thereon,Shat1 become additianat
<br /> `� � indebtednessotBaROwersecuredbythisDeedofT�ustUnlessBorrowerandlenderagreetoothertermsotpayment.such
<br /> am0unts Shsll be payabte upon notice from Lender to Borrower requesUng paymenf horeot,and shal►bear mterest from the
<br /> •� dateotdishursementattheratepayahtefromtimetotrmeo�outs�andingp nncrpalunderthoNoteunlesspaymentotinterest .
<br /> ' F,� . at sucb rate woutd be conVary to applicabtp law.�n which event such amounts shatt bear mterest at the highest rate
<br /> � ,' permissib(eunderappUcabletaw.Notfimgcontainedinthisparagraph7shallrequ�rel.enderto�ncuranyexpenseortakeany
<br /> � F�i acUOn hereunder.
<br /> '.i � 8. (napeetlan.Lender may mak�or Cause to be madereasonabte enh�es upon and mspecdons of the Property.provitleA
<br /> t ` thatLendershallgive8orrowernot��epnortoanysuchinspecUOnspecityingreasonabtecau5ethereforerelatedtoLenders ,
<br /> t ' :� � intetest in the PropErty. •
<br /> -� .__ .._ . .. _... � . _.
<br /> . �
<br /> 1
<br /> : ,, �
<br /> ._ ,�
<br /> Y �
<br /> / �
<br /> ���, � i
<br />
|