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<br />- ` rie�sppiqt�ig l�te�nads.a�at}�:ip,g said�account o�yeriF�3ag��d�crnpiiiisg€aki assesseeeiits a�nd 6�1f�;e�r►trzx<�et .
<br /> _- � �<. .I��;,�or�a,ver�Ynt�rres}an��F�:.aacd"s��€ica�la�a permitr Lende��tv a:sak�'se�i a cl�rg��B��vei.�rxl.�e�r, .t� °s`: .
<br /> - - ' . r�hs��g e in wtitin" _�e�ittibit.nf�;I�ed Qf Tc�t�thai t�ts�est i�n��ut�t sh��id�tai Ba�tl�wer, — i_ —
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<br /> �.'° .,':�. , • � tm�r�x,Banpa�er anp;tatersft�a�r.ear�tags�a�t�'a F�i�cta.Len6er sg�lt gtve.t�s��zr:�az���t;g�� s�'s�u�w�. ' .,
<br /> ,:. ;. .:_` � � , +�unneg of the Fua�ds sfinwiag czadlis at�d debits-to th�Futtcis aad�ttie�iurpc�e fa�w�fcA ea�tr iicbit ha the�ua�s w!o 3. �� :
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<br /> _— .;`�`r,��.4 -` ' m�8e:TFte Ftta¢�ar�Qiedgcd as aa�dit��nat sasuaity fct tht sun►�sec�r-r�fl 0y tDfs�af�'r�st. ��,, � , �
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<br />- °;�.: �..r 4, E�'r�- �, < .� t h e d u e d a t t a o 5 t a s e s.a s�e S s n i e n t s.u n s u�t i c�pr.cmiusus�+��t oua�4_r�nts.sAslt exceed ths�raaunt e�ttj5�£e�$t�ps�t aid , , .
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<br /> _ ��t,� ,;,���, taaes..assessrnents.ucsuianse.premi�ms aad groun�:eats as they t"all d�.sacb e�eess;hal�be.at�rcpwer'�apticm� .
<br /> � eithce gramgtIy�te$s�d to�rcoerer os ecsdited to Bo�ro�rer aa�onthly instaliments af Fcsnds.Lf tha aza�unt a��e.
<br /> ` ""�`' - Fisads he�tD.by I�fl�shaYl�totba su�nt to gay taxes,a�.insuraace pnmiuuis aa¢grtuuas��eai;as they fall .'. ,
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<br /> �y:,:�;�: . , due.Borrawe*shmlI�y to Lender any apuaum aesessary to make ug 4he deflriency in one nt rtcan payriients as Lendes� . �
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<br /> - .�,<,'`,�,. UPon P�at ia fulI of all sums setured by tbis Deed of?tust:l�eades shall pmmptIy tdnad�W�orroarec ury �
<br /> � �:.-,,.:_-::�,�;.rs ,. , .
<br /> x Funds(a�2d,bY Le�der. If under paTagragh 19.hereof�h�Fto�is sa,s or.thc Fm�_is ut�et'wi�e�aegnir�d bY
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<br /> �,r��:�5cr.�� Laender:.i.euder ghhaII appiy.no tat�r t6an immedtateiy prioY to ibe sale of the t'ropetty at�#.a�quis€tioa bp#�ende�.amy' ,
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<br />:�i�''..�:;'et:'..�:.`a . F�snds hetd ity t�eader at the tltne of appticattoa as acaedit against thesnms secured bY ttti5 Decd af'fnu� ; :.. • --
<br />�--�"�z .�::. ,- .'� ' Sll a CntS iCC2�v2t�by LCIIdCC.11IIdOT
<br /> _ 3. Appid�atia�oi Psymsab.Udless applisable�aw provxI¢s a�Q�• P Y��
<br />� �`: •� ..• .::��` �;, � the Note and paragrapT�1 and 2 hereof sbalt be appii�6p�.ender first in paymeni,of arnounts payabte to Lender b� .� . �=`�•°_
<br />�.. .,� : ,,.: �ocmwer nader P�B�Pb x heteof.thea to iaterest payable on ihe Note:and thea to the prinsipat of theNaL�.. _ --__-
<br /> ` °-� " 4. PMor_Maetg�es�ad Da�Ts ot Teat;C���3ms:8onowet sha11 pecfoxui all of BoTrawe#s obiigattons � _ ,
<br />;,�;;. ' :' ,� �uader a,�Y mortgage.deed of.m�ct ai other security agc�eement with a ltea ai�eb Ras priority aver this De�i•af R'ctut. .
<br />-=:_•.'��-.��;�.: :.�� -.�' ' .;;�•�,,:.,including Borrawtes's ca�rezsants to make payments whea due. Bam�wer shatl pay or eaase.to 6e pald a13 tazes. .
<br /> - :;` ;,�- ;:;;'r`:;r;,.:assessmeats and other cP�arges.�nes aad impositions amibuta6le to the Pcop�ertq�rhich may attaio.a p�fo�tq aver tfi�
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<br />_.' : --- r`"� D�of Ttust.actd teaceh�o�d paymgnts 4r ground tents,if any, . . ��
<br /> 3�'.' � : ,- . 5. Asurd Insa�are. Barcower�shail keep the impiavemeats aoiY�g or��•���a�P��' . .!�
<br />- • insured against loss 6y fire,hazards iacluded�vit�n the term"eatend�cmrgrage".aad such other hazards as Leader -- -
<br /> may t�equite and in such atttouats and for s�icb peria�ds as Lender maY.�l��';.: . . --_-
<br /> �� ::'.,..,�.'. � 'll�e iasuranse catrier providing the insurarace shall be chosen'by Bort�s�5ubject to approval by Leader:Pmvided, , , --_- -_
<br /> " that such approval shalt nqt be unreasonably wjjthheid..AD i�i�surance policies and�ir�wais thec�of shafl ba.in a form . -
<br />_s , � �� ��. ' � ; a�a;ble to Iender and shall include a staudard mort�clause in favor of aq�it:�9it a�orm acceptable to Leader. , ;�:
<br /> .. '. �� '• � 1Letsd'rpe�sha]t have the dght to hold the policies and rgaewals�::§zreof.sn��et to thi tei"r.'i's of any mortgage.deed of trust `�, ..,, ..; , ��.
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<br /> -' ''i.',�.:.•.�`>; � .�srn#�s Serr.itiiF�{g�ement with a lien which has.prtority over ttiis.Dee�ta�"�ivst. , ' �rxF� ' �,z�,
<br />� �," '• •� .�,;�tlie t�lent�t{�'ss.Bonoarer shall give prompt notice to tfre intui�z�:tarcier aad Leader:Lende��may make proof . � ; � - _F•_
<br /> - . . :�ii��notmadepz+om�',p t�srcawer. ', ,��'''���� -
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<br /> �'`f�the Property is alfstzdurtic-r3 by Borrnwer.or if Bom�s fails to respon�to LarcL�er a+ithin 30 days from the date • ,�����S� ?Y:�.-
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<br /> • • • : . • ,aodee is maited by Lender to Baiiawer that t�.e igst�rance cartder offers to settte a cla��ar ir�suraace beneSts.Lettder is . . ,,f; ,k,.w,..;_ - -
<br /> � � 2,'". �• authorized to colIert and apply the insucarni�.�roceeds at Lender's optioa etther to restorarion or repair'of the . ', Y�,�`�:7.
<br /> • � pao or to the sums secured by this Deed of 3rtut. . "�' �'`: �'«����a`�
<br /> Pe�Y ,�,�- :--
<br /> • .. . • (�. Peaeeration�ad Matatenaaa of Pcoperty,Lea,seleoidi; Candomininms; Pvnned Uait Develogmants.Bor- ���
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<br /> ' , . • ' ':;.l�,v�ssf:�all keep the Praperry is►good repair and shall na��ommit waste or permit_irix�airment or deterioration o£the _�,�-=
<br /> . � '''-,�.4y aad shall comp�y with the groirisions of any lease i5'tbis.Deed of T;ast is on.�,�sehotd.if 4his Aeed of'$'�.�s _ =�'°�"`
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<br /> � ., '` •'�":;,:•ticr.s�it in a coRd�minium or a planned unit develapment,Borrower sFraID�Zrform ail of Bonrowec's obligations a�der _
<br /> � ., �' �• �tt�d;qclaration aT covenanfs cteating or governing the wndominium or plaana3 anit development.the by=laws and. _ '�'°�
<br /> � ' ,i�iC3tiuns of the condominiucm qr planned unit devetapmeat.and constituent docwxtenss. • ' ' '
<br /> ' ` ' . ' �. 7. Protrcttaa oiLeader��ai(ty.If Borrower faUs to perform the rnvenants�'�d agreements coaLained�'n.this � - �' ��
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<br /> � . � . �Yi+�ed of Trust,or if any action or proceedtag is commenced which materially affects Leader s interest in the Pi��rty. . ;. '•"`�-�
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<br /> � ' . • � • � then I.ender.at Lender s option,upon notice to Boaower.may make such appearances.disbwse sneti sums.including • `�r`_;�t:x::r=
<br /> • ' ' reasonable attome fees.aad take sach action as is necessa to mtect Lender's interesf.If Leader tequired mortgage � � ��'��-����;=
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<br /> � .'�`''��,� � ia�iirance,as a condition of malsing the Ioan secured by this Deed of'!'rust.Borrower shall pay the premiums required to � :�.<.:.
<br /> . �. . ma�rssain such insurance in effect until such tIme as the requirement for sucb insuraace terminates in acrnrdanve�NrZt ;..;;:,;;;�;�'±�F: � :` .s
<br />- ' .� Butrawer's and L�sder s wcitten agt�eement or applicable Paw. : : • '"`�:•. '' � _
<br /> ,;:.� •..`` ;. ' . Any a�scaunts disbursed by Leader pursnant to this paragra�g�h T,with interest theeean.at the Note rate:shall . .. .. � -
<br /> �� ��� be�oine additional inde6tedness of Borrower secured by this Fced Qff Trust. UNess Barrower and Lender agree to
<br /> � ather terms of payment.such amounu shall be payable upon notice from Lender to Boaower reqnesting payment ., •' . . '_
<br /> � ..1 :. � , •..' : • ther+�of.Nothing watalned in this paragraph 7 shall require Lender to irtcur any e�egse or take any action hereec�dPr. . .,�;;�,��.;,,, .�' ,
<br /> • • . . 8. lnspecttaa. Lertder may make o:cause to be made rea5onable entrces upa�s and inspections of the�aperty. ���-i,:-'�`� ' •
<br /> � ° • provided thai Leader shal!give Bonower notice prior to any such inspection specifying reasonable cause therefor • • - • '�
<br /> � � ' related to l,eader's interest in the Feoperty. � � "'�"'`''��'�
<br /> �;.:.,' . ::'�i;s,,�,.�
<br /> . �� • ' 9. Caedemastlan.The proreeds of any award or claim for d�mages.direct or consequential.in connection with . . ;�,;:,;_,
<br /> any coademnatlon or other taking of the Property.or part tttsreof.or for comeyance in lieo of coademnation,are �-.;
<br /> ,. ,� , hereby assfgned and sha116e pa�d to lender.su6ject to the ttnns of any mortgage.deed oi tn�st or oiher security agree• � � . , �• ;
<br /> ��� ment with e lien which 6as priorlty over 4his Deed of Trust. ' t '� ' '
<br /> t- � t0. Borra�r Not Rek� 8abpranoe B�r Leadtr Not.a �Vs6�er. F.xtenslon of the timc. for,payment'or • . . .
<br /> � . � modificarion of amottization of the sums secured by this Deed of Trust granted by L.ender to any su,ccessor in interest of • • •
<br /> � , Bo�mwor shall not operate to tetease.in any maaner.the tiabllity of the original Borrower aad Boaower s saccesso�s in . :: ;�:
<br /> � inte�t.l�cndes shaU aot be reqniied to commence proceedingi agalnst such saccessor or refuse to eatertd time for pay ,!
<br /> . • ' ment or otheiwise mcdify amortization of the s�s secured by this beed ofTttut by reason of any d�atand made by the � ' . ;' ;'
<br /> � orlg�nal Boaawer and Borrower's successots in interest.Any forbearance by l.ender in eaercismg�any rlght or temedy �
<br /> � , . , hereunder.or atherwlse afforded bq applicuble laa.shall not be a waiver of or preclude the exercise of any such right oz • ' : ..
<br /> . , • .tamedy. � . . . • ..
<br /> ' � • ' � � Il. sa�o�s.nd�a�sa� souna;iom� ma s�nu [a��chs co.��a�• 'rne covenants aad agreements � • .
<br /> � !.; ., .,- :. herdn containe�shatf biad.aad Ehe rights hereunder sha11 inure to.the tespective snc�ssors and assig�rs of ixnder aud - -• --
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