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<br /> �:" .: 'POdSff�R vrlth ai1 the isaprove�uents gow ar hereafter erectod on t�e prapetty� �ud aU easemente�, ttghta� . . . .
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<br /> - ` aggarte�woes aad e�eats(sn��Ct ha�ever to the rig�ts eu�aushorities given herein to Lsader w cvl2ect and applp euc� f ; . ...�
<br /> . ' tents},elt og�lucD shall be d�mod w�e aud ce�sin a p�t a#t�e pzap�rty aaver�d by this Deed af T�and all af the (
<br />- � . , . , f to ther�rith said groperty (or t�lease�2d earata if ttus Deed oi Trust is cn a teasthotdl ece hereinafter � . , . � ,
<br /> - .: . � �W�t�e'ptoperiy° ed aad Aas the tigAt w graat aad mavey � . , -
<br />- - ` �orm�rer ooveaaa�s tha4 Bomorrer is 1a�sfWJY s�ised of t�$�tate hereby oonvey . .�.:,�
<br />- . , the Ft�a�etty. and tbat 4�e Frapwty is vaeawml�eted eacePi for encumbraaces of ceootd.�Borrowee oovenaat�that ,
<br /> _� . . . G.i p ��y all claims ast8 demands.subje� to `
<br /> � BonocQer aarrants aIId �v�1 defead t�s titte to the Pmperty against
<br />_ -- --. -- ,; ,� eaarm�tan�aof r000r9. - - - _ -- °
<br />_ tIISYFORM DOVEteIIAN1&B�rrawerand Lendercovennaatand agree es folla�
<br /> YF VEt v� . .
<br />- . • . � l.Arymeat of PYincipal mmd Iaterc3t � � P�PUY PaY �shea due tho priac�pai aad iater�t •
<br />_ � . in8ebtedness evidenad by ths NoL�inctu�ng apy variatio�s nsultiag frotn chaages in the oontract rate�sad ot�er
<br /> - . � chatg�a9 grovidtd ia tDe Nai� . � '
<br /> _ . Z Fuads 4ar Tues aad Irsnrana�Subgax m aQpltable inw or writteu waiver bp Lender.Barno�'sh�P3Y�
<br /> . . ` Leader on tl�e dsy moatlily paymeats of pria�paf and int�+�st ece paqable under tAe Note,unt�the Note ss paid in full, _ .
<br />- ` a s u m �d e t e i a"Fuads')e Anal to oae twelftb oi ttte yeasly t�s and ass�meats(iacluding oandominium an�plaaned . � _
<br /> _ . uait developmeat a�meat�if aayj which anay etmin Friorlty oves t h i s D e e d a f'�r u s t. a n d g r a u n d r e n t s o n t h e .
<br />- � . � ' �, g r o p e r t y�i f a a yr Q I t 3 s oIIt�W8lftb�tj30 q�a c lY Q1�C1riiu1Y1 i�st811t11eIIt8 IOt�instlt8t10e�plue oIIOrtWelf�6 Of ylazlY . ., ' '
<br /> _.� .. Y p i e m i u m iastnllmeats fur mortgage insivauoo�if ang,all as reas�aably estimaud initially aad fm:a tune to time by
<br />;<: . , .
<br /> - . . . . . .. Lead�r on tt�e bsses oi a�esments and b�ts aad reas�nable estimate�ther�Bartowes s h a i l aot b e o b li�t e�t o m a k e .
<br /> - ; . s�h�a a,m e a t s of FuIIds to Leader w the erimt tbst�ar makes sucb p�aYnten�ta t�hQlder of a priot:aostgage '�, . 3r,
<br />-� � ' or dea3 of tiagt if such haider ia aa iastitutionnl lende� � �`' . : �.-
<br />- If gono�gays FuAdu to Lender. t�e Funds shaU be held in sn instiwtion tha deposits or aeoounts ai wLieh era � ;. .,_ ....,,�;�
<br />-__ .. �� . : , iaEU�ot guaranteod�y a Paderal or sttte ag�sas.y iinct�in8 Lendee if Leader is avch aa institution)Lender shall sPPIY �.,, ..1..::.s'. :ry
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<br /> � �� , tha��ada to pay mid tases,a.$essments,ias�n�e�Qs�iums aad grouad renta Lendet may not charge fot Eo holdiag . t s, -- �,��
<br /> , � aad a�,,iying tt�e Fuud�analYciaB said aoammt or verif9ing+�ad oo�P�g said r�rneats and 6ills,uale�s I.eader pa9a ` _
<br /> ` Barmwer iatersst on the Fuuds aud applicable Isw permits Lender to make sirch a charga Bunawer snd Lender may , :,,:L,:` .�,�
<br />- _ . a�+ee ia aritin��s the time of�secanian af t�D�eed oi Tnst that intetest an the Funds st�be paid to Bosrawer.an� . i�',�:.,.;;,..�.-
<br /> y� . • uAt�su�fi agr�eat ia made or a�ltcabie taw requier�sucb iaterest to be ps�d Iander eba11 nat ba saluired to Ps9 :,_<�;•_.���-
<br /> - B�nower say int�st ar eamiup oa t�e Funds Lender st�alt give w Borrower.wrthout charge.an aarival aooaunttt+g af _.r_ �, Y
<br /> - x �� - - _
<br /> �' �fi��unds shawiug credits asui�ebits to the Fuads aud tha purpose fer which eacL dehit w the Fuads was mada T�c �..�f= .: ;
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<br />__ :} Fun6s am pledgal as addidvn:.l�+uitq ior the s�mns�aaund by thia Dad of Trust. bie or to .
<br /> �m
<br />- �i t�e aaiount af the Funds heId by Lea�wgether With the future montbly tnstaWaeats ai F�nds PaYa �
<br /> � � + tho due dato of tases,a�essments,ias�ar�LrnmiuYns and gcwad rente,sha11 esoad t�e amaunt aequiral tP pay�ia
<br /> � � �, �enta�insuraaoe graaiu�as t¢fi.gaund reats as they fall dues such r,soess shull b��Borrowda optian. �
<br /> .:',:'� eii�er pmmptly npaid to Bdrrawer or�ited to Sarra�rer oa monthlq installnsents oi Fuads.If t�a amau��f the �•, .
<br /> , • : ':�:�'r Fuads hetd by l�der sLa11 a¢t�e suffident to paY taua�eate�insarance premiams aad g�oimd reats a���fill ,
<br /> � a eats��der �':
<br /> =:;°: � � doe,gotr�wer ehall paY to Leader aay ama�t nwa�aN to maYe op the de�cieucq ia one ar moss gaym � • �.i . .
<br /> h;�;�.;� .
<br /> �c•,-,;.:,: . msy sequira . . ref�d to Borrawts aay funds � `��;
<br />-;{�.��;: ' � Utsoa PsYment ia fbU a!all sums s�ccut�3�Y tbis Dbed of Tns�t„Leader shaU prcmptl9 � ` �.
<br /> - �:� , a
<br /> _, � .�::�...:� held by Leader.If uuder para�h l7 hec�eof tAe Prope:ty is sold os t�e Yrepercy is atherwise soquired by Leader, , �l,,
<br /> _ . I.ender sdall apply,no Iater t�aa isnmeQiauly prior to thz sale of the Yroperty or i�aaquisi�on b8 Leadet.any Funda ���
<br />° held bq Lender at the time of application as a credit sgainst the sums secured by ttns Iked o4 Tr�st. �-"--
<br />- � . , . � 3,Appliation oi PAymen4s. Un1as r�Cicable!aw providea ot�eraisa all paymenta reaeived by I.sader uader t�e . �.,`_�..:
<br />_- . Note aad paragrap�s 1 aad 2 hereof sbaSS L�a appliod by Lender first ia payment of amaunt��ayable to I�eadtt b9 ;.��
<br />�. � � . ����P��Ph 2 herm�then to interest pa3�ab2e on the Note at tne appliable coata�.^atR aad tDea�o the _-
<br />�. � � ` � ��al of the Nota ��`
<br /> � � !E.PtIo: Martgages aad Deeds ot T�Ch�rB�;.L"aeas.Borro�vct s�11 peef6am alt ot Bortawee's oblip�tions , .`..�=
<br />- . , under aay martp�ga.dad oi wst or at�r r�urity agreement with a lien wbicb has priorlty aver this Dood oi Tiust, , :�!�._=--_-
<br />_ . includiag Bcs�ca�:r's oovenaats to uiake�9ments when due. Bonv�er shaU paY or cause t+� be paid all ta�, � ._,�
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<br /> � a�nents nnd other c�atgea.fiaes aad impasitions atttibutable W elv:Property whiem may attaia a priority over this : �i ,�•.,,r--
<br /> - � ' � � Dnod o�Tsust.aad Ieasehold�ymente or grouad renta,i4 aay. : �..-�'.`_�^`_;":_
<br />- . !.�Ltasd Ib9vtano� BortovPet shaU keep the improvemenffi now esisting or heteaftet etected ot1 the Ptopett9 1y'
<br />', � � � insured egainst to�by fire. hazards�ncluQed witbin the term"esteaded ooverag�'aad eucb ot�et haaards as Leader . . , . .{.}�- �.}
<br /> ' � may re4uire aad ia sucb amouate ana for a�3 periods es Leader niay roquir� . - �.�
<br /> r�3 nr,,.�
<br />_ . �,� The�asuranca carrier providing the i.naue�aoe sb�a11 be chosen by the Banawer subject ta mppmval 1sy Ixnder. , . �.`:
<br /> , prove d o d.t h at auc L approv a i s b a U not be c�ur�sonablp eithheld A11 iasuraaoe polic�e�s and reaewala thesreot shell be ia a �
<br /> � °�` porm aooeptable to Lender and shaU include s�taadar8:nortgpge clauso ia favar oi and ia a form aooeptnble to Lendet . . . . ;
<br />_ � � ���`,' Leader shaU have the tight w�ofd the polie�m aad reazwals the��.s�bi���e�of aay mortpga dad ai w�st � ,
<br />_.:` , ' or othet savritY'agrameat with a liefl w',!t;cb bas priority aver thie DeeA oi TnLaL ,� '`
<br /> ` In the eveat o2 Iu�.Bornawer sbs11 gi��mmpt aatioe to tho insusaaoe carrier aad Leader.Leader msY matce prooi
<br /> , oi ta�it not made promptlq by BorrBwa: .
<br /> Ualesa Leader and Banmaer otseraise agteo in writiag,insuranoe p�moxds s�all ba applied w restontion or ngair ot . _
<br /> � � t�e Prapertq damaged.�tt�a restaration or repair i�oaoaomieaUy feasibte and L�der's security ia not I�ened.lf t�e : �
<br /> . , � rrstora�on or repair is not eooaomicaUy feasib2e or Leader's soasritq wou2d tie les9ened t�e iasuranoe ps+ooxds shaU be . . ` .
<br /> � ,: appliod w the sums secured bY tt�is SecuritY 1�en�whetIler or aot then du�,witL an9 ascess paid to Sormwer.Ii �
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<br />-� � BotmRer ebaadons tha Property.or Qoes aot answer witbia 30 daYe a aotioa from Leader tAat the insuraao�carrier bas �
<br /> � �• � ofiened w settle a claim.thea LendEr maq ooIIect the�nsuranoa pioaeeds.Lender map use the pmoeed�to repair or •
<br /> �. : � , restore tha Pmperty or to pay surt�s savrod bq tLis 5ocvrity Inswmen�.whether or noi then due.'I�e 30-6ay geriod wi11
<br /> ' . begia w�en the aotioe is givea. { . .
<br /> " . If t�e�mpertY is abandoaed by Bomocrer.m it Borrower ta�ts to respoad to Leader cvithie 30 daps imm tha date = .
<br /> ' `�: • '� notioo ia ma�e�bp Lender to$arrawer that tAe insurance carrier oNers to aettle a ctaim tar iasuranee ben.�ts,Lendet � : .
<br /> . . . . is authorized to ooltect and apply the iasuranae Prooaeds at Leader's optios eithes to rastozat�on or r�pair of the ,
<br /> � ' ' � . . property ar to tIIe sums socurod by this Deed ot Tn�,t � �
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<br /> 1' Cd�i'�910saa o1 Tnot f8 aiIGINAI. �spp�g� ` ,
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