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<br /> r , 4"` -`---a � _-*.�'4 F . �<.� :� ' .� �. `�-` �F �'��* �L �° 1 < � �K '`� �"'�-��33?r7d43JC�u� — —
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<br /> � -- /- F. `'.�-k �� �4,�u.r`', .�C� •. �ro ' t i" a' u .s�c't ':� ' � ':S 7 �'t'y"' ��"`�-asS�.�.—_"`_' "`
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<br /> -. R ' ��� �0 ' i ` . � � . . , ,. . ki.-.Y A_ �L u.�_.... —_
<br /> • :t�NtFQAM CG�BOIIOWHi 8ttd l.@l�d�Bl COY8t18i1t 8(id 8g[88 S,R fOflOW� , �-� —
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<br /> ` �' � 1.P °° �a'��t�0al aatd t�fl1�4.B�rrower shatl promptty Oay when dus the Prncipal_of and interess on Uie� k'�. -
<br /> � indebted�evidE�ef�dbyfhe�tote Otet�Ymet►t8ndt��r8es&sproxtdedintheNote ettdthaQ[tn�ofBtq�Inti�;BSiat� -
<br /> . . � ,' , � any Futute AsNances aecured DY ths Oesd ot Trusc � �' -
<br /> r. ` ' �:: ��. ` ' �.6rlt�tnsTawmdte�pga��fiubgectt�aQ�licabtetawaftoawrllteawaivprbyLen�st.6orra�rarsl�ellRayLDL�Ber. • . - °.�, _
<br /> onthsdaymonahryUatalhnar�Uatpdnelpalandtntera�tare0�eunderB�aNOte:ttnnitt�eNot�et�D�dfntut�aaunnp�r+ain � s; _
<br /> . ' � "FuaQs"1 e�uat to ana-twet�of dts rty taxes azsd esses�ments whtat�rt�r a�tain psiariry aver thls Qeed a1 trusL en d . � : :
<br /> � � graundreabonti�ePropert1l.itany.Piusone-t�raitfihotyeacty6remtuminataltmenbtbrharardinwrenee.Olusane-tr,►e4l�at ,:t�_:<.����-����"�4:
<br /> . . , ,� ,�
<br /> ._ ':=.:.•. , • �� �premium in�tailmertts for moriga e inswanCe.i f aary.atl sis reasDnebtY estimated iN�tly an d t r om dms t s t i t n 9 by. - s r�F��«
<br /> �--�-<<-'� Gtt tli.3 D�O!�°.����!!s 8.t1A r88SO1tab�8 BSEimffi83 th9teGt . " -L, �....'�
<br /> � � ThoFunQsehalibghsidinanirtstititutianthedet►osibdraccatmt�otvfi9charelasiuedorguaran2ae�byePadaretloratab �- . y;,� ,�
<br /> ` R ths tunds to paY s�id faxe9�e�1s. .
<br /> � .agancy(in�tuding Lender i!Leader is gu�ere insiiiWoa�.Lsn�vr shalf a�D�Y
<br /> � irt�uranceprerntu�san9gcoundrenisl�QermaynotchargatorsohotdingandappiyingtheFund3snal�/t►�►9�a��n; - .`' ��, �,� :
<br /> � . _ . ` orvarirytrtgartdcompH€ngsaidassesame�sandbilts.untessLertderpaya�ar[aweririterestontheFundsanOapDti�Ti� .. "•.. Y� _.
<br /> pe�tls1.�nQertomakesuchacharge.6orrowerandLen�ermayegreelnwritingatthatimeofexecutionotthtaaeed • ;: � „�„ _
<br /> � �. . . . that interest on t1�a Fuads shail be paid to Bonowef end untess sucA a�reement is mase ar s�►lteafbo taw�equir�ea sud� ,� -
<br /> . . �;':' . intereaitoDe aid.l.endershaUnotOerequiredtapay6anoweratsyinterestoreamings ontRawadsLeetders4�atfgitireto � . �_m�Y-.:_«,��_-
<br /> %.� •� . .. � , whte e�clind�etaltWthaFundswasmad�e.TheEundsarep edqe�dssadd�h''�anaf�ea drityto�r�e�surtwis�r dby��! "'YJ���-._—--
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<br /> �� ' T�eam�untoffhefun44heldbyLendar,togetherwitlithetuturemanttityinstatimarnsotFundspayabiepriartothed�, H; „x. v- ---
<br /> � � ' ` .�.,..` dams af mxe�8�sn�.insuranee premiums and groun��ents.�haU exceed the emount requtred w pay s�id�;,• :..;.�r��;����-.��_____.
<br /> a '< ��'�`��• • asaessments.irtsaranee,�remiums and ground reMs as thsy iali due.such:ex�ess ahatl��at Barraweds on�sua.�-.: - m'-,.---
<br /> :'c;,�;v,_--,.__
<br />- ,.,,. - .. �' ` prompttyre�atd�Borrower or credited to Borcower on manthly instal.mertts Qt�unds.H ths emaunt of Me FuniP3 , �,x��;:Y;��
<br />- � . L�nderaha0natbesufflcteMtopayta�ces.a�ment9.insutariaapremtnmsandgrQundre�g8stheytalldue8nnov�re���.":;. .f�:�'=�.
<br /> '�� ' " �V• � pay Lo Lender eny airau n t n ecesss�f►t o m a k e up t h e d��i e r e��au�fhfi 30 Qa y s from the date rsotice is maited by i.ettder�' _�.��`` -
<br /> � -4 BarrawerreQaa�ttn9Daymenithereof. :: .. ��•' , � �`?,�.:�.��- ==-
<br /> ' UponpaymeMtniuflofatlsumasacured6ythisQ�dofTrusCCendershatiprompttyref�m�toBoROwerar►yFundshetd�' , : �,- .
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<br /> � •� . . , lender.liuntlerparagraAblBhereofthePmFrerty issaldortheR�op �satherwiseacqu��edbyLender.Lendersha11s00sY•
<br /> � .•� •< <�•.�. �� ,; '.• nota�Tfhanimn[ediad�aaiyPriortatAesaleotMePropeAyarnsac ui�onbyLender,andFundsh�idbylenderatthetimsof _ _ _
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<br /> . applicaUOn-�a cred�! g�i st tne su se�cred y D �
<br /> � '..;';. 3.App�etUonofRs��m.t�ntessapplicabietaw pmvidesotherwise.altpaymentsreceivedbyLenderunQertheNote _
<br /> • ..'. an0paragr8�ihsland2hereafshattfs�appl�edDyLeilderfirstinpaymentofamounLspaysbtetoLenQerbyBorrowerunder
<br /> gtapb2 heregf.thentointerestpayabteontfieNate,thentotheprin�ipalo}theNot�andthentointerestandprincipaf on •�:'r�;:�.
<br /> � . � � � panyFµ�reAdvBnces. . .'�'��"
<br /> .,,..' �.. _. v,�,Wns.Bnaowersshaflpayeiltatte5�,assessmen�sandotherchaiges.flnesandimpcsi�onsathibut�btetothe � � i�i_
<br /> iti
<br /> : _ . . � - Prope w�fch may attain a prioritY over this D��17rust,and leasehotd payrnents o[.gro�nd rents,it any,in ihe manne� ' .�_,.;,�_?
<br /> :_ , .. ��- _
<br /> � • ' :` .;. . � DrOvtded under paragrapb 2 heteol or.if not-+aid+n sucP�maiitp¢r,b}t BoRCwer making paymeM,vrhen elue.diiectly to ths .:�_ _
<br /> � • payee thereoL Bocrower shall prompttytum�s�.•o Lender a!1 not��s of amounts due urtder thia paragraph,ertd in tAe event ;w
<br /> � � • ' Borrower shali make;:payment dit�ty,6orrower sha1)protn6�.`�iurn�sh to lendet rece�fs evidencing such�er�:: , ' '�;'�;>y�'�---"�
<br /> �. { t�� R . —
<br /> . . Borrow8r sA.il promptly di3tharge any tien whech has pnoritg�3t this Deed of Trusfi provided,that Borrower shai n�C.l�' :,r f��.
<br /> . requiredtodischargeany sud+liensotongas8orrowershallagrasinwrit�ngtott►epaymemoftheubtigationsecuredbyt�d�, � ��r'��F.F�.' -
<br /> ,, � '" Iieninamannerar.ceptabletoLenQeiorshallingOadlaithcoriteslsucblienQy.ordeTendenforeementofsucf�lienin.t�� ' •,. ,,;,,�,fi,,Z••-,�,��'
<br /> . • proceedin whicA operate to prevent the entorcement af the Oen or forteitur3 of the Property or arry paR thereoL . •��;. �:f�;/�`�,;f���:
<br /> 9s ..,;.,;,.;f' j i,., ...�.
<br /> � ,. S.Ha=ardtn*uraneaBorrowershailkaapt9�eunArovementsnoweaisttrtgorhereaftererectedonthePropertyinsur�0 ,v'�,�,' y',•c=.
<br /> ,. f;`'>"": t a� 4
<br /> � ... againat loss by flra.hazards inctuded vriMin the term"extended coverage".a�o such other hazards as I.ender may r�u-sz3 . . . l;r=.�€N}l�l��tj,�.�
<br /> s.<r y ��y
<br /> � andinsuct�amauntsan�tursachA�odsaster►dermayrequire:provfded,thatLeqdershatlnotrequirethatfhesmour�ol •• (r f j}�;,-;�:-�;_._;_
<br /> . . such coverege ex�that amemr+t.�f oovera e required to pay the sums securctd�l►this Q�+d ot TrusL ,..�;�.�i> ,({,y,�;��;,;.,_ .
<br /> � �+' k'•s 7�r .
<br /> � �r q!p `. . � _
<br /> --- -• _ - Thisinsurancecamerprov7dirtgtrieinsuraneashallbechosenbyBorrowar�jecttoa�r ovalb Lender,provideQ�"Y2t __ :_-.�����__
<br /> • � . ,.,, . sucP�epproval shalt not�se unreasonabty withhetd.All premiums on�nsuranvrn?at:.�ies shall be psid In the manAe r p ro v l tl e d �;�.±
<br /> � � � _ under paragraph 2 her�of or,if not paid m such manner,by Bonower making paymer►�when aue,direclty to the insurance .
<br /> � . .. . CSfIiBf. ' . : . - ..; .
<br /> � All insurance Ooticies and renewalsthereof shal{bein form accepfabte to Lender artd shaN include astandard moR�ane. `f>: _
<br /> ; ,.•.,
<br /> clauseiniavorofandinformacceptabtetoLender.LendershallQt�vethe�ighttohotdthepoliciesanQrenewatsthereo.aer�k ' <..� .,;�,;,,
<br /> � " � BoROwershallprompUyfumishtoLenderallrenewalnoticesanrS311receiptsotpa�dprem�ums.Intheeve�tottoss.Borrc�c�' � • , ; .�-y� -
<br /> ' • shaligiveprompinoUcetotheinsurancecarrierandLender.lendermaymakepraofoflossilnotmadeptomptlybyBorreaacr , ="=��
<br /> � �� UnlesslenderendBorrowerotherwiseagreeinwriting.insuranceproceedsshallCeapptiedtorestorationorrepairof(tis , ���'�'�' _-.
<br />- . " ' Property damageQ provlded such restoration or�epair is economicalty teasibte and the securiry of this Oeed ot Trust is not ' ��' ._
<br /> � ;,•;..' � . thereby impaired.lf s,rsh resroration or repair is�t economically feas�bte or►f the security ot tl�is Oead d Trust would be .. ,
<br /> . • impaired,the insuranoe proCeeds shall be apptiedYO the sums secured Dy this Deed o1 Trus�witf�thB excess,i1 arry,paid to : ' '�
<br /> - - � • Borrowe�(i the Property is abandarted by Bor►awer,ar if Bonawar fails to respond to lertder within 30 days hom(he date : . _ _.
<br /> � ' . . i nottce is maited by lender to BOr�anrer that the insurartce canier offers to settte a clatm tor insurance benefit9.Lender is ;�'f4;�4;:'. � . ,
<br /> authorized to collect andappiy the pnsurance proceeds at Lende�s opdon eiUier to restoration or�epairot the Property or to •�';f;;+'.�Sa�3�"
<br /> , � , the su�ha secured by this Deed of Trust P , ,ti`:'�x�a•,, �: -�'-
<br /> • . • :�, UnlessLenderandBorrowerothe►wiaeagreeinwriting.anysuchapplicationolproceedstoprincipalshatlnotextendor „ 1.' . �I^':1};,''!`:�'•-: '
<br /> • postpone the due date ot th9 monthiy insfaltments reterred to�n paragraphs 1 and 2 hereot or change the amount of such ••:��.y.�,
<br /> mstatimems.tf unQer paragreph 18 hereotthe PropeRy is adquired by LenQer,all right titte and i�terest ot Borrower in and to • � �• `;:���';r�
<br /> - � � ' , arryinsurancepoticiesandinandtotheproceedstheceot�esultingtromdamagetothePropeRyp�iortothesateoracquisi6on _ ,;,t��;::.
<br /> _� .';� , _ • , shall pass to Lender to the extent of the sums secured�y this Deed ot T►ust►mmediatety prior to such sale or acquisibiorr. � �• ��:r,s`+r � �• �
<br /> �;: .. . 8. (itesenraUonandlltalnlenanceolProperty;i.eueholdsiCondominiumKPls�nsdttnllQevNo �nb.Borrowe�r�sai3. � .. '{'`"
<br /> keeptha Property in good repair and ahail not commitweste or permit impa�rment of deterio�dtion o the Property 8nd Str�t.i �
<br /> � •• • comp wiMtheRrovssionsofanyleaseifthisDeedofTrustisonaleasehotd.Itthis0eedolTrustisonaunifinacondominium C ' .
<br /> • � . or e p�annrzd u�2 C�:u�topmenL Bonower shall aertorm all of Borrower's oDligations under the dectaration or co�renants t . :
<br /> � ereating w caw�L,�tfie condominium or planrtc��unit devetopment,the by-laws and regula4ions ot the condomlNum or k '
<br /> ' lanned un�.d�r.rment,and constiUient da�cerents.11 a condommwm or planrted unit devetapment rider is excufiad by • . .,.�...
<br /> • ' �orra:�r and cec4rQ9d together with Mis OeeO of Tru,�t�tr�r,a�venants and a reements o1 such�ider shall be.ineorporeted � . .::;,,,.:;�•:
<br /> ' � � into artd shail amert4 8nd sup�"•om�s'i2 the caven2Rts sr�d mqreranents of this�eed ot Trost�31 tAe dder were a paA he�ut 5• �-+� •
<br /> . 7. pral�eUon s'e!R�nQ�r'a Searrit��.It Borrauve�¢dits to peRnrm Me covenants and agreer.:ents cor�ined in this Oeed oi � �` ':'i.��(;:`�;`
<br /> � Trust,orHanyac�aeafproceedingiscommetr,¢�dwlthmaterlaByaBeetsLenderainterestintheProperry.inetudi�gbutrtot ('• . � ,
<br /> ' • • IimKedto,emusemcPa�g�n.insotvency,codeenR��ment,orarrangementsorproceedingsinvolv(ngabar.kruptordecedent ,
<br /> -. ;. , then Lender at Lgnder's opUon,upon aotice to BoROwer,may make sucb appearances.dis�urse such5�ms and take suCh �` _ •
<br /> aCttonasisnecessarytoprotectLendersinterestirtcluding.butnotlimitedto,disbursementofreasonabie�Etomey'steesand � . .
<br /> � ,�.,, .�" . - en op�ntheProperlytomakerepairs.IfLender�equiredmortg,�geinsuranceasaconditzaa�ofmakingthetoansecure0by •
<br /> . the�d ot Trust Borrower•shatl pay lhe premium9 requlred t�v maintain sueh insurartco iR eKect until such time as irie f '._ _. , •
<br /> �' � req�'r�^enttorsuchinsuranceterminatesinaccordancewithBorrower'sanalender'swrRt�anagreementoiappticefbetaw. ?� •� . • ••
<br /> ;� '�� •� . • ' - ' BotrGwer s4�af1 pa�!7�9 emount o!afl�;oRgage insurance permtums in tha manner pravided under paregrepA 2 hereoL •
<br /> f�: ,�_: ` qny.gn^�csuR���:autssd by Lender pursuan! to this paragraph 7, with interest thereon, shail tiecome additlonat I��,
<br /> : indeb�eCr?CS�df�'ar�ovversecuredbythisDeedolTrustUnlessBonowerandLenderagreetoothe►termsolpaymentsuch i
<br /> ° �= - ' 8mounts§t�D�0Cr3��bte upon r��icehom Lender to Borrower requestirtg payment hereol,andshail bear interestirom the � ,
<br /> �� : dateolalsbutsem�n3altheratepc�yabtetrointimetoHmeonoutstartdmgp rmaipatundertheNoteunless0aym entoNnterest �
<br /> • # at sueh rata wouid be contrat}I tt�avplicabte law.in which event such amounis sha11 6ear interesl at the highest cate �
<br /> � . . • •
<br /> • � petmissibfeunderapplicabtelolV:l�eth�r�gcontainedinthisparagraph7shaUrequueLenaertoincuranyeapenseortakeany ; "
<br /> ' .y {,;'. . , action nereundec •. . ` . .
<br /> ,1.. � 8. fRtpectton.L�nder may make or causeto be made reasonabfeenb�es upon and inspectionsof the Properly.provided
<br /> ' thatLBnde►shalig��Borrowernotrcep►iortoaaysuchinspechonspec�fyingreasonabtecausetheretoreretatedtole�de►'s • .
<br /> �s' � � • • interest in the PropeRy. ' .
<br /> . ,,� � �' ; .
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