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<br /> :� UNf��d0��S 6afrOwQr end Lendet cavenent and agrea ea toUows: •
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<br />_ . , � . . . •• t. Psy�t�est!W Rdne�and hf��.BorrOwet snall pramPUY PaY wQen due th9 PrinciDdt.af enq.intereSt an the > .t ,�,.;.' � '
<br /> - ',,.� .';.;: y: ind6�tednaasevfderrcaalbytnetVO24Pro� p8ytrtentandtatsch�rgssaspravtde0inthe�taia.endMapanafpAtolandis4gresean .�,r..: .�r..�.�,..,..•,:,�,. _
<br />' asry Fut�ce Adtrence3 sRa,uBd by tffe QBed o!TrusL .:.;1;,,�`,:I.. ... ._,��';� • - -
<br /> ;� :���,., 2. F�ndsio�Taso�eu�dilsw�ano►8uri"$CttoappttcahSSlawortoaw�ttenareiverbydendar.Bcrrq'�YetSh8ilpeytOlertdCr . t N�'". °;: --
<br /> � ,`• ,:,.,- antliedayntvnthryin�taftmsntsaf prtncipalet�dintarestarepayaQteandertt�etdate�uniii4hoRateiapaidiniull.esum(Aer�in �- 5. ss=-
<br /> .. , t _ �.Furtds'�equat m arte-tvratfd�of 4h8 yearty taxes enO�sssssments w�3ch may attNn prfurit�!avnziht�l3aa8 of T�ust and. t� r* �; c �i
<br /> _ graundrenffianf�eRrflpetty.i�amt,Orusarts-twefitAafYeertypremiumirtstaltmenfotarntreort�nAUranca.ptt�nlone-twelMof ����� � �s
<br /> y�ariy premiutn i�timaflts tor mcstgsge ingutane8.d arty.afi a�taa!tartabiy►esu�tpd.initinity�.�Mf from titRe tv,time blI � :f r, ,r -
<br /> -- esu
<br /> Lertder as�l3se is�s o!e�a�ta endbill�and resaasr�bt�esiimatss tfierctcf, ,. ' : �
<br /> - � �� rt'i�'�aFwids�31de4�el�tn�ninsEt�ttonthedepostboraccou�aotwhici►ort�fnsurc�s3crguprarrtaad.bgoFectefniotstate , 't� <; t . .-'.��r,,��
<br /> �3��Y Cctrsa�z�le�der 9f Lertdar is sua�an iastitutian�Lender si�i!a�t�rty�the inads to sy.a�d tptt�c►.aasa�nenta. . . { ,,�, �� 1 t
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<br /> ins�^�...r,ce��amaandgrau�(�d�8nb.�ertdefma natchargetarsoha �r�dsDP�Yin9tha�und�+�►Atf'�tngs4idr3oauuM.. �'y �_
<br /> - - -- ar��:r��compUing&�a�men�andb�lls.unissstender��irorverinierestonmo�umi8c�nt�a���t�t��i.,� . -- ,?���,,�f �_ -
<br /> �L$�rd�artomakesuchaeAarg�6arrowerandL�mayag�ear�wriUngatthatlmeote�.acuti�647�h� Trust � : ,;'t�,, , ;r
<br /> 2;�;'terest cn t�e Funds shali�e paid to Borrowar.asr�i Rtniess suct�agreemer►t is mada ar ep�l�t�ils9 taift�sttcis
<br /> . ,�c . i�2sttobe pA1dLenQersh�lae26e�aquiredcoAaY'��aweranytittierestoreaminQuenitta artQ8.l.ertdbr,�$iveto , ,f�f':
<br /> �' �r��" ' :�.' ��wer.withoutc�a�qe.ax�srtrtualaccc�.mtingoitlse�undss4�owin �rsditsanOdeb�tathafunQsand�hu ui�sagefor . ���+��r-.=- ` �""
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<br /> �: ���� ��`:: •� ;.'' �'�;��tfieaoneeDittoiheFundsrassmad�'tltsFundsareptedgedssa�d�a�rassecuritytarthesumasec�iredbythssi3eedol �+�.� , �. , ��
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<br /> s�! .'��ICt1Si . . �{'�(� .� ; < #Lf
<br /> �p t f?�;?�� ::l4Maamountotthaiundah¢'d6yLendar.tag6iherwithihetuturema�t+miLr��at3�nsntsat�andstpayableDriortotriedue �,w ; • r��
<br /> �as of�x�.assessmaritS ix�s�nce premiums and ground rerrts.s4�a:��c.�d;it�aamount�q uired to pay said�cea -�4 � �-
<br /> -,`"•:;��i�•:'`� � �essments.inswance�i�s andground rertts as Mey fall due,s�t���a11�6e.at,8orrawe►'s opUaa�.either � • ���� ': � �� '` �' -
<br /> ;<<,,..; �3rramptly re�patd fi BoRamer�T a2dited to Borrower on montnty inslallmer�9s cf IFun�is.tt Ute arl�PUnt of the Funds hatd�y �;r�.p��.;�..f,.., ,,�.��.:.�,::;—
<br />_ s. � ": ` . . L�pdershai�MatOesufticiaaYS�Dayfaxes.asssssmerns.insurancepremiumsand .anisasUtey.taedu�Borro�erershall� ��'s �� r.:—
<br />-. �.,�S'�,�!!� �r,�� y Uo ls�tY�rs�yt amaurtt n��t nsaice up the deficisncy wiihu�30 dgys�tl�e d�te aaii�e as maited by Lender tu . ���1�,,:�3,< j ;� �' k
<br /> :? r. . '� �tin - -' �' ' �'t�r� r i����n rt� �
<br />��'� .f.-.'l�'a.�. ..t<��� � �t�t'��an� ,ti�futio�falgisv�sec�l�llthis0eedolTrusLLendees9�allpromptty�Btitrtd�t�a+taY��Y�undsheld0y.� . 4�F r� � � �s,'�,• _
<br /> �s ,- - :�--•� • `..•,.������ ��y��� `,�'���/��p/� otthe issofdortheProp �sotherwisa�fiaquirsdt�y. ��sn�Je�TY::", • `, ,���� _.
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<br /> �4_w`�4 S �t�!!!`�i�!.!�R'_.. . .
<br /> f hl8here �+artv e!t�r �' � � �
<br /> ,,7� •,,:��: • � rtt,2t�TSf:�:i�°s�inedt-ateiypdoitothes�ilea.'1�3"t9pro�ry�tit3�tt�uis�tfatrby.Cender;se�dl�ihdsH= I�-�L;�rt�'a�t'!'s�(ffaa�ec� . ..,.i,f��;;�.:". `�
<br /> � .� �, �< e ���d"r-'•.as a credit agsinst the sums secused by titi$!�d o!TrusG .- . � ,.:,..,� .' . . �{� �.
<br /> . ' � •r � '- ';9.�A�tattonot Unlessapplit:abt�i8w id�sOttl8tur3se.aiipayttr�c�c�`}���.,.°?c�ui�^fl3�i�[ote ts���+��'�'" . `Y °�,-.
<br /> �,:. . . . �.�,, v,�st� ' ,i's t artd 2 ereot shall be Ue�R� paft�� �. - ";
<br /> • �f � aPA Y�d:'�tui lafamoants E+r��si,tr�`,2�ri���:unde► ,�:,�i� �,
<br /> ' 'Ls;,':�;�L; 4�ra �eceisof.thentointeiestpayabtaantheN�t#t�a�tite�tss�ipalvflbeA!�i�rt�i'�t��i;-iiit�i?s�t��r'.erAa�on , .y74.,:`. _
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<br /> � •f'�tl� '� �!.�h�ii��n�.BarrbwersshallRayaU�l�cc�s.asses�r6r.�cy�ab�se.r� B��fi�.s�d���ai5,�5��irtiii�(.�.''�tothe � ;t,� y„r''� ..F��.,�,r - , .
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<br />'� t�;:;,�';�`�;�Y�, � • '�`•, , << f�r¢gec[yv�.�:��atfafcs��uiaritS+averYhist3eedcfTcustEn�Ca2sef,a�iip�Brtt�ar�rpup�c�ts.�any:irriCnEr.naart�r n' � . .'..-`�' k : `>"
<br />� ., , ..<, � ' ';;, ,..:,j�i�ts?zQe�tt:�� �i78f80�or.if nat paid(�sua4�manna'r,dy��rc�ver.rtrt¢�:rig:AaY►nEn�v�tten��di�i�ta the `�° F'.,, � _� `
<br /> } �'� tt�����!fpromp fumishto.Lenderaitnoticesaf.amauntt►duet�adortdtspsrs�apA,�rtdm�raevent
<br /> - ,;C��� ' . .�rrawer s7�,i�make payment di�.Borrower shati piompily tum�ta Lender cqcsillfa evFdencing such paymeats. �, � , � . �
<br /> i �''•�" � � Borrawer sl'�J�i rompuy►dtscharge anY�ten which has priority over th[sr'eed at�Twati ptavhfeO�Atltlt Borrower sh311 not 6a ; �•:; i� . •
<br /> wquiredtodisc�argean� ysucbliensotongas6orrowershallagreeinwrittngwthepaymantntt�tac4Figqtionsecuredbysuch•. ( "" �� , . ,
<br /> , � lien in a manneraccepmOt�to lerrder,or shatl in gnad taith cantest au��ien b vr.dete�rtd�an praement�of suoh ti•en in,legal ` • �:,X'�?
<br /> n � f �%�,,:,:'�;r�;��
<br /> ' proceeding8 whlcb aperate to pr�event the entorcement of the Hen or tpRAitu►e af,thp 4iroperry or any part thereat. . �; .
<br /> � - S, Hwrd fn�ura�n.Bamower shail keep the Improvaments ncw esisUng or�tjpieafter erectedon the Property insu�ed . �: ".•,��
<br /> � against toss by fire,harards inctuded withlo the term"extendad Cove►aga".an�sucft other hesards as Lender may require i. . . ,��, <; - • .
<br /> � . ' and in auch amaunb and for auch pertcds as Lender may require•pmvided,th�'t�Lender shall not re quire thattheamount of � , • : .�-• •
<br /> - • - suCh COVetag9 exi�eed that amount of caverags ieQuired ta pay the su ma secu t e d by t h i s O e e d o t r n,s t -.�"�`.� '
<br /> � � Thislnsurencecanierp�ovidi�gtheinsurancesfiallbechouenbyBorrowersubjecttoepprovalbY Lender;provided.that % .. . �° �
<br /> ' �.. ' such approval shaQ no1 be unreasonably withheld.Al1 premiuma an maurenCe poticies shali 6e paid tn the ma�ner prov�ded �
<br /> � ' uader paragrapri 2 Aereo!or,i}not peid in such manner,by Bor►ower mAHirtg payme�t when due,d�rectty to the insurance �• •
<br /> ! caMer. • ,.
<br /> � ' .� Ail insurance p0liCiesand renew819ttfereof sttall be in�fortn acceptab6b ta l:ender and shaQ tnctude e standard mmtc3age �. . ':,"�' � s�
<br /> clauseintavorotandintormacceptablBtoLender.LendershaltP�avathunabttbhaltlttlepoticiesandrenewalsthereofand � �� � ���°
<br /> .t::��.,-;:�.=;:
<br /> BoROwershallprompqyfumisbtolenQerailrenewalnoticesandalluaaeipmafpoidprem�ums.lntheevantoftoss.8orrower ; �-,;:.�^.•��-
<br /> � � shatlgivepromptnabCetotheinsu�anCecamerand�enQer.Lende�maymAf:aprna141tnssilnatm�deprompdybyBor[awer. , -:;,.;�� ,�
<br /> � �• UnlessLenderandBoROwetothenxiseagreeinw�iting,insuranae�mQesdasbetqCfoeppli6dtorestaratianarrepairotttte ,
<br /> • Properry,damaged.p►ovlded sucA restoretian ar repait ia economiRetty feaailtEtt anA•�t&secunty oi this Oeed of Trust is�ot �+..�
<br /> � lhereCy�mpaired.lf sucA restoration or repair is not econamiaatly tuasi�6b anif�the�secudty of this Oeed of Trust wauld be ,•y�
<br /> • impai�ed.the insu►ence proceeQa shalt be applied to tfie suma ssaurad by�.4ltiU Ce�d abTrust,with the excess.if any.paid to �, :_�s
<br /> Borrower.N the ProoB R y is abandoned by@�ROwer,or if Harro+venfailU tq r�s p qad to Lender within 30 day9 hom the date • ���.,.,,.
<br /> � notice is mailed by Lender to BoRawer tbat the msurance cartier.e H pm t b S a 4 t f 6 a c iaim t o�f n su�a�c e b e n e f rt s.L e n d e r i s ;.::.: .•;,!,1%'
<br /> authorized to coilect and a ppiy the insurenae proCeed9at l.ender's optian eittler to restoratian or repairot the Prcperty ar to . • :;.����cr3?;�;;'':r'-•
<br /> ;.:�;�:�,,..,r;,.--,,
<br /> � the sums secured by this D e e d o!Tru s t ;+�,•':`.�;�`".--•'�%."�.'�
<br /> Unless4snderand6e►rowerotherwiseagreeiowriHng,anysuahapptlhatibnofpraceedstopnncipalshall�atett�nQor . �';;
<br /> ' � " postpone the Que date ot the monmty inptattment�reterred to in paragrapfta t and 2 he►eot or change the amaur.!oE such : ;.- , -
<br />� �nstallments.liunQerpara , pbl8hereotthePmpertyigaapuireQby�L`enQer.aUngbf,titleandinterestol6orrowe�+nandto
<br /> � • anyinsurancepoNciasan �nandtotheproceedstherealro�utllntiframdamagetatheProperrypriortothesaleoracQvisitiart ��� . �
<br /> .��t:°•
<br /> . . shal{pass to lender to the e�ctent of tha sum�secured hy thin Q�ead ot�Trust�mmediatety pnor to such sal�or acqu+sQiaa. ; . �:;:;:,;; . ;•
<br /> '' 8. P��BonartdMaUtenanceotR►oparty:Lea:eha1d�:�adbmfnlutrts;Pt�anedQnitDevetopme�ts.8orrowersc�a:t . .. =:,;.
<br /> � �•�i�� keep the Property in gaoa repair and shail not�ommit wegtv cr,permit impairment of deterroration ot the Property ar,C$ha�l . .
<br /> .: ',•;,,,,, r
<br /> � �• compty withtheprovisionsofanyteaseilthin�eedoiTruati4sonateasehotd.NthisOeedofTrustisonaumt�r+aconG�inium , .
<br /> "''��� C�0 p(anned unit devetopmen�8onawer•shnll'partQrm,�Btl�ot Borrower's obilgations under the declaration or va��Enants .+.
<br /> ��''���': creaLng or goveming the condominium ar•pl�nned unit developmen�the by-laws and regutationb at tne eoada�nium ar
<br /> �• �`. •'�,::;;� pISnoed uni�development and constituent tioCUmonts.N a condommwm or planne0 uni!deveEupment rider rs excuted by ' '-
<br /> ' '�+ :.�: Borrowerandrecordedtogethorwrth1ht50eedolTni�t.tt�ecavenantsandagreementsofsachndarshellbeincorporated
<br /> ; ',:;:;�'.' into and shat6¢mend and suppt�meMlhe covenants and agreements a1 thia Deed of Trust ea i1 the►id3r were a parthereof.
<br /> ?°:' 7.Prote�tton af Lendar'�B�euHty.lf 9oaower faitsto pertorm the covenanta and agreements conmined in thts Daed of
<br /> �.� TrusL or it any action or proCeeding c�commenceC�ntfi matenalty aNeeb Lender's interost in ttte Properry.+ncluding but not � .
<br /> Hmitedto.emmentdamam,in�atvancy,COdpenlprsemen�orarrangementgorpraceedingsmvotvingabanlcruptordc�ce0ent. ::-
<br /> ' Men Lender at Lender's optian,upon nolice ta 8arrower,may make such appearancea,disburse sach sums artd tSke such ' � • i�
<br /> � acU0t18sisnecessarytoprotacMl.ende�'smtt►resi�including.butnotlimitedto,disbursementofreasonableattomey'9teesand :�_
<br /> • entry uponthePropertytomakerepnirnllLende�requiredmortgageinsuranceasatonditionotmakingtheloansecuredby �
<br /> '� the Oeed o1 Trust Borrower shalPpay tbo peemiums required to maiat8in such insura�ce in etteet until such time es the �,a
<br /> � ;f� . , requiremenlforsuchinsuranCetermi»atc+sinaaaordancewithBorrowersandlender'swrittenagreementorapplitsal6elaw. ;
<br /> - BorrOwer shall pay ttle smount�of a11'moRgago insurance permiums in the manner provided under paragraph 2 hercot :
<br /> "; � ' ' Any amounts di5butaad bY lendea put6ut�nl�ta this paragraph 7. wlth intereat thereon,shaQ become additional
<br />- :•'t,,� inQe�tednessofBoROwerseauredbyttitaBda�dul7rusLUnlessBOrrowerandlenaeregreetoothertermsofpayment,such �
<br /> � ' amounta shaQ be payabt�upon FiotiCH frtfm�:9nd9r to Horrower�equeshng payment hereof,and shaN bear�nter�thom the , .
<br /> � t :r� . �,.'�.� dateofdisbursemflmattfteratepayabl�fromqrnetotimeonoutstandia�g pnnc�palunderthet�Oteunt�sspayme'tdf;nterest ;
<br /> '` •' ',;�;;:%�:• et such�af.�woutd be contra►Sl taa Ibtx�bh+�law.m which event;uch amounts shall bear�nr�rest at tRse regrest rate �����
<br /> pp x�
<br /> � i : • ��;�"�:'%'�'_ , permissibtc�underaypinnabt�alntiv.Kt�Ulk�c�CO�lainedinihiSParagraphTshallrequueLendertorrtcurz:�yettRers°�rtakeany , ., •i:_ti
<br /> ' , ,�';':'.'��•� aceon hereunde►. ,,
<br /> , ��'?` 8.t�upeetlon.Lenderrta�ycna�.raa►G�USetobemadereasonableentriesupon��4inspcct�onsol:ne6rcp�rr,ti.pqcrQed �, �. •
<br /> �l� • ' ' thatLendershallgireBbrrowernaticepriartoanysuChinspect�onspec�tymgreasonadtecausethereforerE�srrxifrlL.��Qers : .
<br /> . . ' interest in tha ProPeriy. .;`� • ,
<br /> i ' , , -
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