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<br /> � ':����": ,. < � faten8es a�theday m€ra�ift�y��ym��t�o!prtn�l�at e¢�d�it����tare pa�abia u�utor qhe�tar�.�untit"3�a M�2a ta paEd�n �-,�h-�� --- -
<br /> _ � �--: fui1,a su��erstn."funds"}equ��to or�abivue«St o�th��a�'���e�ai'�s�mer[b(�tCtu�ing t�ndaminIuatr aad ' � --
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<br /> '�' `� `'' ° <<��..R. tit�Fio�erty.it any.Ptus aste-tv�reSfth of y2aity p�miunt i��';rnts�for haz�rd i.ns�CS:piu5 an�tPx�lfth at Yea�. _ _
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<br /> �:,.�.�..c� ° ti� . ., �mivminsta;imEents4o�rrt�or�gagetnsw�►�if8r�y,alase+e?�3t��ty�si�ma�initiaity�df►�ornti�l��tit�sby�Eender � ��"�_ �� -----
<br /> -�' �.'. oaYhedastsafasgessmenisandbilt�ertd�easas�abi�e3t3�s��pteof.Barreweraflatinatbeolcfi�aisdiorrt�kssuch �---
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<br /> • •'; �.. _ ,, �' �� , � pa�3rt€�dF�hdststlendsrtoth9extentthat8o�w2rm�ra�stachpaymarifstot�hOtderotapdorrrtor�qagaar '� -- _
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<br /> � � � � � tt�a�r�verpaysfundstvi.end�r�ti�aE�r�ss-:��zu+��:�i-��3r���,�Yd�."'"�i��a�:ss��t::;�::.r� --
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<br /> insured o1�uarant�ed By a:Federt3l mr sTate a�3nCy(is�cl�t�j L�rd�Sr t��3�@�is suct►ar�iris�itt�4ian.�.endar st4ati �` � �,�
<br /> , � aQPtych�Fu�sta�ys�idta�css,assessmentS,insafart�apre�+�amSaaQ�lindr�t�:,Lender►�ayrc�tcharga4or ; �,�.ry i�,�,_
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<br /> . . ' '. , � sQhcl�n9andapPyingtl�oFund�a�aatyzingS�idaccoamtar�ra�i�yia+�ai�3�7��s�a�mer�isart�bi�untass : -
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<br /> ' ` �.-:�: . I.enderpayfsBomb�+rariMorestontheFurtdsan�ap��f�f�rtRer+t�ii�tenFS��almakesucf9achargaBamD►+rerand ,,;j,r, _.,,�,�__.
<br /> - - Le€�dermayagreainwritingattheti�taofex�r�tio�ofiht�.Qeasit�7rus:��c�'f,'f�tareSEontheFim�SahaliBepaidto� , �� - _-
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<br /> � F� �: � . Barfower�and e�rtt�ss such agreament is mada or appt?cab:�.law�equi�►s such Ir�te�st t�be�d,Ler�der strafi nai �y��____=,- _
<br />� ' berequiisdtopayBarraweratryis�taTesioreamings.ant�aaFuttdS.Ler�Tsrshatlgivs.t.A.�iQ�et;�o��n�9s•an f ��. � �
<br /> � :: , •�. anr�uals�trourtttngottheFundsshq�tingcred'tbattdde�itsta4heFund�artrlihaPur.Pal�aforwhicheac�fde6#tt�tha � -�
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<br /> •..`� -� `� Fun�s was made.The Funds a�e p�edg�d&s add't2i4r�al seautity f�th�su�S secured by this�eed ot Trust h ; ':.�" r.r�a -.
<br /> te rtor ' :�� F'"�:gi;
<br />� . � . . � . tf the amflurrt af the Funds heid by lender.tog�ther svitt�iha fut4sa ma.tt�t inst�ltment�ot Funds Payab p � ,:.y,��. .,,_-
<br /> � ,:,: ,, ,. , '. to 4he dua dates of taxes.asssssmer�ts,insurarace premi�ms and g�nun��shal!exceed the amount required to =�-�°---
<br /> � `. � . � PaY�eidt�x�s;assessmer�.irtsurams�premiumsandgraundrerntsasthey.f�Odue.suchexc�ssshadthe.�eorrower's
<br /> � � option,eitherp�einptiyrepafdto6orro�verorc[sditedtoBomoiv�canr�ranthtyit�llme�ofFurtds.lfthearnnuritof . -- ;,.,
<br /> �� tite Fur�ds hetd b�Lendar st►all nothasuffiaterrttopaytaxes,assessm�.t�surance premiums astdground rer►t�as
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<br /> (..�.:.(,�,: .'°�.; � th�j{alldue,gorrowarsha(tpaytoLenderanyamouninecessaryroma�ubathacleficiencylnane�ArrnoreRayrrtsnis . .i..�¢-'��.
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<br /> .. .:...: _ ... . ,., . � , ' - - _
<br /> . � . .._. .___........_ Lsnd�r may_ieqaire.
<br /> . ... .._�. _,r, .. -..---�---�--�------�------------�---� , ,� _
<br /> -." '., . ;. ' • e�infullofalls ssecu by Sf..�en38rslk's�►P��►P�3►�t'�-fuii�ltc�Btlm�ranyFi�nds- ._�----�---- , .���,��r
<br /> Upofi pay�rt um r�2Q this Qeed o�f'�u ' ,�-::, ;,,—._�___'�
<br /> _ � � , , heidbyLender.If�nderpatagraphl7hereottheProperiyissotdartheFmp�rtylsoih ,eawi�aoquir+edbylender,Lender ,,. ,._�m--;�-
<br />- � ` sha[lappty.notaterthanimmediffielyprior-tothasaleaftReRm�rerty�arif�acquis�ferrbyLender.any,FurtdShel�by �' _
<br /> ' .�:�.�::..:: 'Lendei at tt�@ tima af application as a cr��it agalns!Me sums secwe�b1!ghis Deed of Trust � ,.-�..
<br /> �,,.. . :� - - -, 3. Appf�etionoiPaym�nt�.UntessaPAlIcabtelavipravidtasoih8tivise.allpaymerrtsrecaivedby�enderun¢�r� - - , �., '� ;, .�"
<br /> `' � . � � the Nate and paragraphs 1 and 2 hareot shall FaeapAljed bIl Lenrler t'irst in paymerrt of a�nounts payable to Lendar by ` : �':.. � 1#
<br /> � � 8orrower under paragraph 2 hereof,then t4 irttste�t payab�a cn tha Nate,and then W the principal af the Naie. ,�����.-:_ ;,;�:�,�.,�
<br /> ' � : : �� �.� ' � 4. Rrtor ARortgag�a and Oeeds ot�IruBtr Chauges;l.t�na«Borrpwet shall perfarm ai,l of Borrovrer's obitgations ' '. ; ; .,a':; ': .
<br /> � - � � - urtder arry mortgage.deed of trust or other s�ccurity agre8msnt v�itta�,lYst1 which has priority oder thL�Deed of Trust, _.?��: -�;'�";='��'
<br /> - , `�. , .:� ? '� . irtclu�ing Borrower's covonartt5 to enataa payrtEeniS whon due.Barrq�rs�cshall pay or cause to b�-�i d a i l t a x es, � ' `.��� �. ;
<br /> • assessmeritsandothercharges,finesandimp�sidonsatttibutabteWthePropertywhichmayattaina�r#oriryoverthis� � • {> .f
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<br /> Oeed of Trust,ana feasehold paymenis or ground[�ants,if any. •- - ' �''i"�}±}; -�,
<br /> � � � 5. Hazard Insurance.Bomo«�arshall ke�ptha impfavemenis noiri existing or hereafter erectedvn tha Froperty `:�-;��'
<br /> - ..:..�,.: , . .. .y
<br /> �- "' �� insuredagainstlossbyfira,hazardsinetudsdvr;�ihintheterm`extendeciaatrerage.andsuchotherha�rdsasLender -
<br /> ` `t>`'r� :. • _ � m�y require and in such amounts and for�uctr ppriods as I..ende.r m�y,r�quire. ' , ��" '� .';
<br /> �. , � � Theinsurancecarrietprovidingtheins�rancest�a�l6pcha6enby�orrowersubjecttoapprovalbyL�rtder.provided, "_.,, �„� -..� . �:,�.
<br /> � �. :. that such approval shall not be unreasonably withneld.All in��uance poficies and renewats thereotshall be in a form _ -� ��`�'�-
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<br /> . , .�� � acceplahfetoLenderartdshallincludeastanda.ndmoRga�;eatauseinfavorofandinaformacceptabietoLender.lender - ' :��::
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<br /> shail have the right to hotd the poficies and renev�als thereaf:subject to the terms of any moRgage,deed ottrust or � �•� 9� �-
<br /> � oiher seaurity egreement with a tien which has priority over this.Deed oi Trust. "� :'- �� `
<br /> • :
<br /> � IntheeventoiEa�►Bor�o�vershallgiveprompt�olic�toth�inS�arancecartierandLender.l.�ndermaymakeproo! . � � �� �� �
<br /> - _ �. ' ._. ;;:�;;.;;;.;°, of[ass if rraR made promPth►bY Borrcwec . . . ` : .:
<br /> '��°'""`�f°� � !f the Property i�abandoned by Bflrrower,or if Bflnowah�fa+ls to�esportd to Lendsr within 30 days from tha date _ ���r:�
<br /> .. ,;,.c;�• �"� ., ,�...
<br /> �;.�'�•'' � �"'�`;`��``� naticeismaitedbyl.endertoBorrawertha8theinsuras►cecarrierAfferstnaettleaciaimfarEnsurancebeneflts.lender � � :' �`
<br /> � `'` �� � isauthorizedtocoll�ctandappiytheinsurancepraceedsatLendePsoptione{thertorestoratlonorre�a�rofthePropoRy �'���"�" -�
<br /> . �� �.-.,,.
<br /> � .�� or to tho sums secv.rsd by this Deed of Trust. ' � ' '�, ,�_
<br /> ��� - 8. I�Treservatian snd Malntenar►�of Proparty;k�a�o�ds;C�Qominiums;Ptanned Unit Developments. _ .. . _
<br /> '. �, Barrm+�er shall tceep the Proparty in go�d rep�ir�d sha11 nctccmmft wasie or permit impairmen!or deterioration of : � ' •�
<br /> " � �' the Property and shatl comply with the prm�isiarrs.o}si�iy tea..��if this Deed of Trust is an a teasehold.If this Deed of � ~
<br /> ��:`:�� � �'� � Trusttsonaunitinacondominiumoraplanncx�unEtdevelopment,6'brrav,-ershallpertofmallotBorrower'sobtigations �
<br /> ���`•'��r• �� urtderthbdeclatati�norcovenantscroatingorguremingthecondomin;umorplannedunitdevetopment,theby-laws �. . '
<br /> �' " � and regulatiarts of tha condominiur�rt or planrtcd unit development,artd constiNent document�. f ' ,.
<br /> I��`�� � . '�t'��,,� . 7. PtatectlonoflJender'sSecuritu.IfEarrarrerfailstoperiormthecwenarnsandagreementscontainedinthis f � � �
<br /> . ��'`��"' Qeetto�'["rust,ar if any scticn ar�rocosdin�is commenced which materially afteais Lsn�er's interest in the Property. ��� �� "•��-�����` ~ • �
<br /> �� thenl.ender,atLe:nder'soptiorf.upq�noticetoBorrower,maymakesuchappearartces�disbursesuchsums.irecluding �``� �� .��.' ,.
<br /> ��%<<,
<br /> � � r�asenableattomsys't�es,andtskasuchactiomastc3necessaryrtop�e2eciLender'sinteresK.tfLende�requc�edmortgage �
<br /> • � • insurano�asacond��anafmaklagthelaas�aecur�nythlsDeedo�Trust.Borrorrershalipaythepremiumsrequired � „
<br />_�. fi' ., ' . �� to maintafi�such insurartca in eNact unr�l suc4t tlm�asthereqa�irement tor such insurance tetminates in accordarnas �
<br /> ' � ' �_ � � with Bprrower's artd Lender's writtc�»agreomerrt ar applicaitfe law _. .
<br />--" �.. �� ' ' • Myamou�dtSC�ursedbylenderpursusnttothisparagraph7,withinterestthereon,attheNotorate.shaitbecome � . �
<br /> '�� additionalinde6tednessofBoRw�essecuredl�ythisDeedofTrust.Untess.BonowerandLendetagreetootherterms f � • � .
<br /> ���.�„ �', � "���� � otpaymer�t,suchamourrtsshaltbepayab��uponnoticefromLenderto8orrowerrequestingpaymentthereof.Nothing � � ,
<br />- '� � � cantained in this paragrapfi 7 shail requjtr��.e�der to incur any expense or take any actian heteundsr �
<br /> � 8. tnspectton.Lender may m�ke�arcauseto be made reasonabte entries upon and inspections of the Property, � �
<br /> - : . pravldedthatLendershallgive8omrrrarneticgpriortoanysuchinspectionspeci�ngreasonableeausethereforretated �
<br /> - �. . . • to Lender's interest in the Froperty. � !
<br /> ' . � �. �,:, 9: Cartd@mnntion.The procseds af atry award orctaim tor damages,direct or consequerrtiat:in conrtection with ' • � . �
<br /> artycondemnation orothertak+ng ofth�Property,arpartthereaf.orforcamreyance in lieu ofcandemnation,are hereby :
<br /> �� ' �,�,:;.� assigned artd shall de paid to Lendsr,�utrjBCt tothetorms of any mortgage,desd ot trust orother security agreement ;� : �
<br /> � . � � � with a lien v�hich has priority over t4hia Oaed�of Trust.
<br /> , � � . ' : , ,
<br /> � � �� � 1Q. 9arra�er Hat Reiease� fan'bmsra�Ce By I,ender Not e Walver.�ctension of the 6me tor payment ar � '
<br /> ,.. ._. ��..__..W.�,
<br /> :• - . _ _�_.—�.-.—_:_..
<br /> .. madification of amortization of the surrs�ecured dy this Deed o1 Trust granted by Lender to any successor in interest ,
<br /> -T� � , ofBflROVresshailnasoperateroreleac;e:inanymanner,ttteliabilityottheoriginaiBorrawerarninarrower'ssuccessors : _ � -
<br /> . ,, , „ }; . � �
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