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<br /> UNIFORM COVENANTS.Borrower and Lender covenant and e�rae as lollowa:
<br /> _ � �.s�s 1. P.rn�.e� a vdne�oa!And (ntWas�8orrowar eha0 promptly pay when due tho prfoaipel of end intOretf on the ___
<br /> ind�M�dne�swld�nosd6yth�Nat�.prepa mentandtatachsrqesuprovldedlntheNots,andthsprincipalofandfnUr�ston -��14
<br /> • �.��,,;,, any Future Advancet eboured by the�of T�uat ;
<br />- � R��y��{�w��.SuOccttonppRr.n6lolariartonr�rflten+�eivarbyLe�der,8onow�reh�NpaytoLender �d'.:'',
<br /> ` onthsduymonthlyintfatim�nbaof principa�tndlntsrostare0�1►ab�eund�rtheNau,untl�thoNatst�p�idinlutt,�wm(rt�►Nn _.�-
<br /> a , ., .�;;t• "Funda")equal to on�•twMtlf�of ihe�yesrly t�c�s artd a��sasmenu whiah m�y�Kefn priority owr Ihis Ds�d o^Tc��not "'�'�
<br /> grou�drdnt�ontheProp�rty.ifany,plusoae-twelfthofyearlyp►tmiuminstaitmsnbtorhezardlnnurance.pl =�;�;y,;,.__
<br /> ���°��� yoarly premWm inWilments for mortqape tnsurance.if any,atl as reasonehly eatfmsted Initlally and from ttme to tlme by M,"`.,_
<br /> `` '"`�°"°`•'`'� Lendar on the baatsof tue�ansents and"bllla and resaonabls esLmates thmeof• , .�::-.--
<br /> `�:;�:'".,.;,�� '�� TheFun4asP�ailbsheldinanina�tudonMedepoaitsoraccounteofwhiahereinnuredorguarenteed.byaFederaloratate ' ��,,;�;
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<br />:, :������f���-;;•{, spenay(�nctuding Lender if Lender ia auct�an inaUtudon).Lender ahall apply the lunds to pay sald taxes.aas�s�n�nts{ ;. . ,.;:;"�
<br /> ` •4���`�' = •'u+`• InsuraneeprerRiumeand�roundronte.LenddrmaynotahargetorsohotdingnndapptyfngtheFunds.tnst�nlnpaaldaacoun :.,,�T,_
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<br /> ���. ari;�..F���;'�� orverNyfngandcompilingeaidasaeaamentaandbitls unleaaLenderpayeBaaowe►interestontheFundsandappilexblelear : ;k -
<br /> rr..��:'• ` �,LL. .: pertnhsLende►tomakssuchaaharge.Bortowerand�andermayagreeinwdtln9atthstlmeotexeaudonotlhiaDdedofTrust .,:�;ti=
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<br /> � ,.;;,.,.• r: theR intereat on the Funda ehall be paid ta Bortower,and unl�as such agreement ta made or appIlatlba law requires such .� ��^._
<br /> ,�. �` intereat to be paid.Lender sheU not be requirod to pay 8oeower any imerest or eaminga on the Funda.Lender ehail pive to �• .,�;;:,�n
<br /> ��� �:!'�� � :,",'.i.j:.�. 8orrowe►,without char a,an ennuat accounting ntthe Funds showing credits and debits to the Funda and the purpoae to� ;; -•.�,_�;.Y_.
<br /> V' �-��r,.;r;;.�;' whicheachdebittothe�undswasmede.TheFundsarep1edgedasaddltipne1seou�ItytotthesvmseecutedbythlaDendot ;,r,-
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<br /> a''`''t. • ; � �� �:;:T.�• TtUSL ;,;, ..:.
<br /> �' �%' �'•' If the amountof ttre funds held b Lender.t ether wltb the tuture monthty instalime�is ot Funds payabte pdor to the due
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<br /> ..� - �..4 h, datea ot texes,assasa+rleMe,inaurence premiums and ground rerna.shaU exceed the amount�equlred to p�y setid texea. �� :,
<br />'. �'ti'��;i:'S:; - �.„)J.:;�.
<br /> • r.t'��7:•'�w aasesemente,insuntnce premiums ettd ground rortts es tbey tall dna,such excesa eha�l be,at BorcowePs oplton,either . -
<br /> '-•� ;=• �ij::>.;`'�;� ptomptiy re�atd to BoROwer or crertited to 8orrower on monthly inatallmeMs ot Funds.If the amount of the Fu�da held by �I ������ �
<br /> � ��'�t�c;��'•:±;�f Lenderahal rtotbesufHcianttopayta�ces.easessments,insurencepremiumaand groundrentaestheyfaildue.8o�rowerehell . .�,-
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<br /> •;;�t��1�`::�`�: pay to Lender a ny am o u n t ent��ry t o m a k e u p t h e d e fl c f e n c y within 30 de ys from the Eats noUce Is mailed by Lertder to ��` ,:
<br /> Borrower requeatlng paym ,
<br /> :'�,,.���^ Uponpsymentlnf�11rofa11sumasecu�edbythis0eedofT�usRLendershallprompUyretundtoQorroweranyFundaheldby
<br /> � Lender.ItunderparagrapAlBhereofthePrope�ty issoldorthePrope�ty isotherwiseacquiredDyLe�der.Lendarahellapp1y ': . y,
<br /> , '� noiaterthanimmediatelypriortothesateotfhePropertyoNtsacyulsittonbylenda►.andFundshe�dbylenderatthedmeof
<br /> . . app t i c a t t o n a s a c ro�I t s g a f n s t t h e s u ms secured b y thla Deed of 7rust ' ,�•
<br /> . +:.. • g, �ppy�ayp�ot parnNnte.Un�ess applicable lew provides otherwise.all payments►ecelved by Lender under the N o t e
<br /> � � �! and paragrePhs 1 artd 2'hereof shalt be applied by Lender Hrst in peyment of amounta payabte to Lende�by Bor�owe►under � �}:
<br /> pgragraph2hereof,thentointerestpayableontheNote,thentothe�ri�cipaloftheNote,andthentofnte�eatandprincipelon ,
<br /> any FutureAdvances. �.�
<br /> 4, p�ar�s,L,Nn�.Borrowersshailpayallfexes,esseasmentsandothercharges,tinesandimpoaltionsaltrlbu�bletoths
<br /> � � Property whfch may att81n�pdorft�over ihis Oeed ot Trust,aod leasehold paymants or ground renta,it any,In the menner , �.
<br /> - provided ufl�bi DBta$�!i•�sasett or }}�Qt,$#�tn s�,�.n manr,e�.by Bonower making payment,when due,direatly ta Me
<br /> ,' payeethereof.8orrower Oh�U promptiy tum�s�.•o Le�der aU aoticea ot amountsdue untler mta paragreph,and in iha eve�t �? , ;
<br /> . � Bortower ahall makepayment directly.Bo�rower ahail promptty fumiah to Lender recei�ts evldencing auCh payments. , �;
<br /> Borrower ahall prompny►discharge any lien which has pnority oveT this Deed ot T�usk provided,thal9orrower shall�ot be � �
<br /> ,:',t:,,,�� requfredtodiachargea�nY euchliensotongasBorrowershallagreeinwrfHrtgtothepaymemoftheobNgattonsecuredby'�81 �,.,:,,,
<br /> `..;.�:;' � Ilen in a manneracc9pm��eto Lender,or ehali in gond faith aontest such�ien by,or detend enforcemen eA ttiereof n in, ;��;��r!. , .
<br /> �i; proceddinga whtch operate to prevent the enforc�rment of the tlen or torfeiwre ot the Property or any p .' .i;;.
<br /> '�' 6. Muard��utane�•8orrower shall keep the improvements now exiating or hereafter ereeted on Me P�opePty fnsured , ,. ,
<br /> � � aga te a t Io a s b y fl r e�h a z arda included within the term"extended coverage",and such other ha�ards as Lender may require , ...
<br /> 1"� and(n auch amouMs and for such periodaas Lender mey�equire;pfOVl dQd,tl�at Lender shall�ot�equ ire Ma t t he amou n t o t ;1� .,
<br /> suCh coverage ex�eed that amount of coverage requfred to pay the aums secured by thia Dead o!Truat ,,
<br /> � r;:: Thieinaurancecarrterprovidingtheinsuranceaheilbechoaenb BorcowersubjecttoapprovalbY Lender,provided,thet ;;,.�•
<br /> � ' � auch approval ahall not be unreasonably wfMhetd.Rtl premfums on�naure�ce po�iates aheli be paid t^the manner provtded
<br /> ' ',.� under psr8graph 2 hereot or,if�ot paid in such manne�,by Borrower making peymen�when due,dl�ectty tothe inauranee ,1;,;;�
<br /> � cartfer.
<br />- •��; ' AII inauranee policies artd renewals Mereof ahall be tn form acceptabte to Lender and shall inetudo a standard mortgage ��:r;
<br />±1;. � elauae in favor of and in form aceeptabie to Lender.Lender shall have the�ight to hold thepoticies and�enewats thereof and �°
<br />_ � 8orrowershallprompUytarnishtaLenderallrenewetnodcesandallreceipisotpafdpremiuma.Intheeventotloss.8onower �i
<br /> shallgiveprompt�oticototheinsurancocaMerandLender.Lendermaymakeproofotlosstfnotmadepramptlyby8orrower. �
<br /> ! UnteasLendBrand eionowerotherwiseagree in wdNng,insuranceproceadsahall beapplied to�estoratlono►repairof the
<br /> , � � �,r, ', properiy dam8ged,pravided such reatoration or repair is economfcally teasibie end the secu►iN ot this Oeed of T►ust is not (�
<br /> ' � �, thereby impaired.�t auch restoratlon or repair ls not economicaily teasibfe or it the securiry of fhis Deed ot T�ust would be �
<br /> �,'��`, � � Impaired,the inaurance proceeda ahalt be epptied to the suma secu�ed by thfs Oeed oi Trust with the exeess,if any,pat0 to �:
<br /> � �, Borrower.lf the Prop8rty ia abandotted by 8orrower.or H Bonower fails to respond to Lerdur withln 30 days hom the date
<br /> � • � notice Is maited by Lender to 8ortower that the msurance canier oitere to setUe a ciaim tor insurence benefits.Lender fs ,1
<br /> . ,�;��':..;• auModzed to co�tect artdap Piy�Tnsu�rence proceeds at Le�dePs oprion elther to resta►at�on or repa�r ot the Property or to �+!
<br /> '� +`� the auma eeeured by this Deed o
<br /> ;'r�,�';'�''� `'' UnteasLenderand8orrowerotherwiseagreefnwr�ting,any�uchapp1icationofprocee�stoprinci�atahailnotextendar ,�
<br /> , ;;;"�'��• ' ne the due date of the mornhly instaliments referred to in paragraphs 1 and 2 hereot or change the amount of such i�,
<br />- ;;/t.',+,;.� � nstatimente.I f un der p a r ag r a p h 1 8 h e r e o t t h e P ro p e�t y i s a c q u i r e d b y L e n d e r,a l l�igh�dtle and interest ot Borrower in and to
<br /> `,,' '• enyinsurancepo��eieaanciinandtotheproceedsthereofresulUngtromdamagetothePropeAypriortothesateorecquisition '�,�,
<br /> �� �'.�••y� �< shaU pas�to Lender to the extent of the sums secured by this Deed of Trust immedfately prior to such set�or aequisiUOn. �'
<br /> � ��"�'" ' • - 6. Rnt�e�ratla►andMdnt�nanceofPropKyr.t.�as�hotd�;Corodomink�n�P1ana�dU�RMwbpm�nb.8orrowerahat1
<br /> �i • ��' geep q�e prcperty in good repair and shall not commit weste or permit impaimrent ot dete�foratlon of the P�operry end shatt :�
<br /> complywlththepmvtstonsofanyteaseifthis0eedofT►ustisonateasehotd.it4T+�DeedofTnistisonaunitie�acondominium ���
<br /> ,F'� or a planned unit developmen�Bonower ahall pertorm all ot Borrower's o�7i ttons under the dectaration or covenanta �
<br /> � �� . creatlng or goveming thd condominium or ptanned unit deveiopment,the by-lews and regutatlons of the condominium or i,i i ,
<br /> '� plaas�2d unit developmant and constituent documeMs.H a condominlum or planned unit development�ider is exauted by ( ,
<br /> �` ,`�'i::;�.,. Bp:��rarand recorded to9ether with thia Deed of Trust,Me cover+antsand ag ree�ments of such nder shatl be i�corporated
<br /> � �`.�r �,�E;; „ iMO a:a�l ahall amend artd supptement the covenaMS and agreementa of Mis Qeed of Trust es if the rider were e part hereof. � ;:
<br /> ,� ^ �, p��tlon pt�end�r'�g�eudq.It Borrowgr tails to perform the covenanb and agreemenb cortained in this Oaed o!
<br /> �,, ,�}:. Truat,or it any ection or proceeding is commereoad wtth materiatiy eHects Ler�dePa interest in Me Properly.inatudtng Out not �'��
<br /> _ �f.; ,f;, Ilmitedto�e+nfnentdomain.inao1vency.codeentvraementorarrengemernsorproce�dfngsinvoNtngaOankruptordecedent , ;
<br /> then Lender at Lender's option,upon noUce to Bo►rower,may make such appearancea disburse such eums artd Ndke such ;;;,
<br /> ��'��. '�.;t''�>tii�`'�,, acttonasianecessarl►tcProtectLende�siMerestlncludittg.butnotlEmitedto,disbursementotreasonableattomey'sfeesand
<br /> °'""�'`` ' Qntry upontheProperiytomakerepairs.ItLenderrequiredmo ageinsu�anceasaeonditionofmakingtheloansecuredby '��t
<br /> ,�,��;,•; ;:�,•;,�..,..
<br /> '��'�� '� '�'�.'}`_``• the Deed ot Trust Borrower shall paY the Premfums requirer o maintein such insurance in effeet untfl auch tfine as Me
<br /> ' .a..,a,�o�enttersuchinsuranceterminatesinaceordancewiMBorrower'sendlender'swnttena�nen►entorap�tiCttlbotaw. ��'
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<br /> --<`' --.------- ... ner�vanA Aoten}. �
<br /> �----- - .------�..�--------- •���._. _ • --'-'�--��� .. • .
<br /> S' `{?' BOROW@(8�18�)pa y th9 8mount of eli�nortgage msurance Pemnu��a���om�..a..�.a.r......o......�.r--e--. - � ----
<br /> Any amounSS disburssd by Lender pureuant to Mispa ragreph 7,with tnterest thereon, shatl�come edditicnal .,
<br /> __ �• } indebtednessof8onowersecuredbythlsDc�dofTrustUnl�ssSonowerendLenderegreetoothertettnsotRaymont,sueh ,j;
<br /> arrtounts ahalt be paYabte upon notice irom Lender to 8orrower re4uesttng payment hereof,and shail bear intereat bam the �
<br /> ' � dateofdiabursemen3attReretepayablefromrimetotimeonoutshandingprinefpalundertheNoteunfesapaymentofinterest s
<br />, at SuCh rete would b8 contrary to epplicabie�aw,m which ovent such amounts shall bear Inlerest at Mo highest rate .
<br /> petmlasibleunderappltcabtetaw.Nothingcontainedinthisparagraph7shait�equirelendertoincura�yezpensearffikgany .
<br /> acUon hereunder. ;
<br /> � e, lmpa�tlon.Lertder may make or cause to be made reasoneble entnes upon and inspecttons ot the PropeAV prowded
<br /> '�' thatLendarshaligive8orrowernohcepriortoanysuchinspectionspecdying�easonab�ecausetheretorereiaterfo�ender's �
<br /> ;� , interest fn the P�ope�ty. ,
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