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<br /> � �UNIFOAM COVEDIANTS.�crrawer and lertder cavenant and�sgr�ea as tonows: � . � _ _
<br /> < �. • • 1. P�y f�n i o!PAns t A i t and inb�st Bn�roxrer shall prampL'Y Da1l w4�sn due th8 principa!ct and�nterest on ths � -----
<br /> `^ inaeDteQnes�erdaneedtiytMHo�pr� entert�latochargaa�p�avlQedintheRlote,et�dthaRtincipaiotandi�tesestan
<br /> �• ` � anY Future Advanees aecnrsd by the�T�uat �- -
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<br /> ' �,.��{�����ie�ur�Subjecttoapplle�btalawor�oawdttenwaivorbYlsnBer.�nowexshallpaytoL�nder , , _-
<br /> onthedaymont�fyins�flmenbntPrtnclpalendtnterestarepayab3eurtdertheNote.untilthOt�to2alspatdMtutf,asam(h�eia = --
<br /> � ..Fun�s"1 eA��one-4arNtM of tfts Y�Y��s anm$ssesantenta whlel+m$y attain prtddfy aver this�9d af 7rus4.and ��`� __ -
<br /> . � .� � groundremaontP►ePratts�N.ifer�r,plu�attatv�retftAofyeartypremiuminstaYtmen�tcrh�irrsarati�ptu�one-twe�Rhaf _ _
<br /> .. � es�y p�m[+am ta�,telfinerns tai ma�e insuren�.�f any.e�t a�reasana�ty es matad�tnwn�ty and irom tima t�t3m�by �'��
<br /> � — �eneter an me baaiaat esas�n�nb an biils snA reasonabte estfmab�the�ro� � � , _ -
<br /> �� ' Tha�urtdaehatlbehsldlnaninstiNt�anthadepos�isaraccauntsotwntchareinsuredarguennteet�byeFederalaratat� �
<br /> � � � agert�yr(includfng Lendet if 4ender ta auch an l i�a t i t�t ion).Lender�ha�l flppty the tundsta sy aa3d taxes,asle*sments. .,_ _—
<br /> inauranespremturr�andgraundrents.lenderma notchargetorsohoidingenda�piytngtt�e�us6s,ertalyzingetfdeacaurtt , .,=3�y,�._--
<br /> � ' orvertrytngandeompitinpaaidessessmenbandb�tts,unfea��ender��orrowerinterenoa�tnefunQs�rrdaD�11���� 'f'=•�:=�:—
<br /> ' � -. . `� DermimLendertom�lcswclsacharga8arro�erandt,end,armayagreelnxm'tirtgattttatlmsotexecu�onotthi��eed _r�'.`._�_
<br /> � ' , � ' � that interest on the Fund�ehalt be paid to 8orraw�and anta+s auef�agraemsnt i�made or gpplic�elha taw rCpuirpa aud� � _
<br /> ' intareattoba paiQLert�erehaitnotberequieedta�aaYBaRaweranyinterastareamings aniheWr+ds.Len4ershallAiveYO F.��'�`�W--�—
<br /> Barrower.vuithouteharpe.enannuafaccou�ingalS3r�f�und3ahowmg credibandde5itt�totheFundsandthepurposetor �_y-�`�:
<br /> ' , 7 ui�eachdebtttqthaFundswa9made TheFundsasePtedBedasad�tlonatsscurity►��esurnsseeuredbythis0eedot �;�:- —
<br /> . t�•� lfUt�eamountaltheNndshBldbyLen6ar.ta$etherwithtl�efuhuemo�rthlyinataftmeMsof6�e�rpayabteptiortothedus �' - � �-�
<br /> . dates at ta:e�,esaeasmand►lnsurence premiums and ground ren�.shall exceed tho amount reriuired tn pay said L3xea. �•.'::,---
<br /> . . esacssmenta.insuranee pr�nlum.s and ground tenis as they fe91 due,SuCh exees�shall be.8!8or'rowera eptton.either �•._:;,�,.=-^
<br /> � � promptty rep�d ta Borr��rar or credited€o BaROwsr Qa mar�ty iriataitmerts ot Fimda H 1�e asnount o!tt+e Funda heid tss► ��• -�.• -�--
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<br /> LenderehatinattaeeuffiaFef�Ytopaytaxes.8ssessmeMS.ir.sananseptemiumsand �undrentsastheyfalidu�B6rrpvrbrshaIi - :`_�:�:.:_
<br /> pay to Leader sn�t emaunt n�sasary to cnsx�up t8�s de�dency w;��►30 days�ram t�e date natfce�s maited by L+snder� r••: ,' _
<br /> ... • � Boftower teque�tn9 Pal►menf thereot � '�_
<br /> ' • tJponpaymertintuilotatlsumssecure0by4t►isOeedo#T�usLLQnflarshailpzampUyrefundtoBor�oweranyFundsheldDy .--_�
<br /> ' LBpder.tfundsrparaqrayhl8hereofthePropenyissm'.�or�rePcoperty isothe�issacquiredtiyrLender LendersAallap�iY . ` �,.;�_�;=�-�---
<br /> - -- � ' rtolater4�animmedtateiypd�rtofhasateQ}#AePro�ert.yoribe{�uis�'ttonbyLender,andFmdshet�bylen6eratthedmeo� • �
<br /> ' applicatlan as e cro61t agairtst the aums secu�ed by th�s QeeO of TN$L - <�A
<br /> � • � � 8,AppNqtbn ol Pa Uni�ss a�pficabie lawprovid�otherwise all payment�received by LenQer ur.�ar the Note ;� _`
<br /> � and peragraphs 1 en�2 ereoishali beapafted by Lsnder Hrstin paymentof amount9 payabte W Lenderby Brmn�werondor —
<br /> � ° � � para reph2Aereol,thentointe�stpayablaonNePtote.thentothep�incipaloftheNote:anAthentointerestarrdprincipalon , :;��
<br /> .� .� • � any�uture Advancea. ' ���'f.
<br /> . �. Ya��.Borrovrersshatlpayalitaxes.e5sessmenisartdotnercharges.finesandimpositionsatfi't�utabletoths
<br /> • FrOpe�ty i��m8y atffitn a priorfH over this Oee�of Tfwt end leasehol�f p8yinents or graund re1►ts.it any.in Ut9 mar�net ,
<br /> . ' , prdvlded under paragrap�2 hero�j or,if not pai0 in such manner,by Borrower maktrtg paymer�when due.dicecHy tp tne • ..�'. - ,
<br /> pay8ethereot6orrowerahail promp2ty tumisilto�enqerallnottcesotamountsdueundert�isparagrayh,an�mthaevent ; -
<br /> � B oreower shatl matce en t Qirec V y.Bonower shatl prompt�y tumisb to tender receipb evi deneirtg sa c t�paym e n t a •.:� �., �
<br /> • Bonower she�ll prompt��ischar8e arry tien whict►�as priorHy over ttds Oeed ot Trus�prov�ded.that Borrower sha t!not be �:
<br /> i • req►�iradtodiscn,argean ettchliensolangasBarrawersha►tagreein�gtothepaymentoftheobligadonsecur�dEysucfi .
<br /> lien in e manner a�te to Lender,or sha11 in gaad taith COntesstsi:�ch Ilen by.or detend enfarcement of such Iten in,tegsl �
<br /> . praceedings which operata to p�vent the entorcement of tha Itan or forte�ture of the Pro�erry or any pan ther�ot. . ,",� �
<br /> ° � �: :
<br /> • S.Nuard fnwrt�es•Bonower shatl keep the improvements now existing or hereafter erected on the Proaa.ny insured •.:
<br /> � � � � againsttossby�ire.hardrdsincludedwithintheterm"extended�coverage" andsucbatherhazardsaslendesrtr3yrequire �,.s!�;.. �. �
<br /> � andinauchamounbendtmsuehperiodsaaLendermay requir�pravEde�thalLendershafinoire uirethatt,riaamountof
<br /> � ' such coverage exeeed that amount o9 ceveragerequired to pay the sums secured bY this Deed o1 Trus� ;?f.
<br /> � Thisinsur�neecarrierprovidingtheinsuranceshalibechosenby Barrowersub}eeltoapprovalbyl.ender:provided.that -• ::F
<br /> suc 1�approva l s ha l l n o i b e u n r e a s o n a b t y w i t h h e l d.A l t p r e m i u m s o n i n s u r a n c e O o U t i e s s h a l l b e pa i d m the manner provided - :���`,t
<br /> • - under paragraph 2 here�t or,H�ot paid in such manner.dy Borrower meking paymenf,when Qua.directly to tha insurance ;
<br /> cer�ter. .
<br /> • AH insuranee p0licies end renewats theteof shait ba in farm accepfable to Lender and shail include a stand�rd maR9age
<br /> � ' clauseinfavarofendintormacceptabtetoLender.LendershallhavetherighttoholOtheQoticiesand�renewalsthere�fand ,.•-.� ..
<br /> ' � BanowetshallprompttytumishtoLenderallrenearelnoticesandaltrecelpteofpaidpremwmalntheeventofloss.Borrower • �_-.
<br /> shailgiveprom tnoUcetotheinsurancecanierandl.Fmde�Lendarmaymakeprootoitossitnotmadepromptlyby8orrower. �:-
<br /> � • UntesaLenSerandBortowerotherwiseagreeinw�iting.insuranceproceeQsshai1beappfiedtorestoraUonorrepairofthe �� .� -•.
<br /> PropeAy d8maged proviQed such restoraUOn Or repair is economfcally teasibte and tPte seeuriry o1 this Deed of Trust is not '�� • '
<br /> theroby impsired.ll such reatoraUon o�repair ia not sconomicatty teasihte or itthe security of this Deed of Trost wautA be - � �
<br /> lmpaired,the insurance Droceads shall be e�pplied to the suma secured by this Oeed o!Trus1.witA the excess.+�any,pafid to • _ �
<br /> BoROwer.If tha Property ia ebandoned by Bortower,oi if Borrower faits to respond to Lender within 30 days 7iom the date • �i``;:
<br /> n o t t c e i e maifed b y Lender to Bonower that ttie 1nsuBnce carrier oftera to settte a ctaim tor insurance benefits,Lender is '';��
<br /> ' authartzedtocoltectandepptytheinsuranceproceedsatLenQersopUoneithertorestorattonor�epairoftheProperryorto . ;
<br /> . lhe eums secured Dy ih19 Deed of Trust , ' , ,t
<br /> ,� � . Un18aaLendetandBorraweroUtennriaeagreginwriting,anysuChapplicationofprocee�atoprincipalshatlnote�tendor �,;
<br /> �� Qo�tpono tfie due date of the manthty insffittment�refened to�n paragraphs t and 2 Rereo!or cfiange the amount ot such ���,,, -_ �
<br /> � �nstatimentl9.�1 under paragreph 18 hereolthe Property is acquired by CenQe�aU right titte and i�terest ot Borrower in and to _ �.
<br /> ' • anyln5urencepoilci8�endinandtotheprocee0ethereolresuttlrsgiromdamageto4hePropertypriartothesa'soracquisitton � .
<br /> ''��� � • � ahalt pns�to LenEer to tAe extent of the sums secured by this Deed of Truat Tmmediatety prior tv suctf sale or acquisition.
<br /> e,PrfssnratianandliAatnt�nanc�ofPrapfAy;Leaufiotd0.Condatnlnfums;Piann*dUnit��toDm�nb.8orrawershatt
<br /> �� � ' keep tho Woperty In gaad�epeir and shail natcommitwaste or permit impairment o!deterior�.;�ot the ProAeRy and sh�5 • ?
<br /> compriwiththepravistonaolanyteaseitlht90ee�ofTrustisonaleaseho�d.Iftbis0eedolTrustisonaunitinacondominium I . ;, a;
<br /> � • or o pfenned unit devetopmen�Borrower shall pertorm all of Bor►ower's obllgaUons under the dectaraUon or covenants . ,
<br /> :•� , cresUng o�gov�ming the condominfum or planrted unit devetopmenb the by-laws and regutatlons of tha ca��ominium er �
<br /> ptanned un(i Qdvelopmen�and consUtuent documents.if e condomin9um or planned unit devefoAmant riQer is excuted by
<br /> � BorruwerandrecordedtagetherwiththlsDeedalTrusRthecovenantsandagreementsolsucb�ide�shattbelncorporated I� •
<br /> ,r • � • intoen�shallsmertdonddupptementtfiecovenantsandagreementaotthisOeedofTrustesiTth9rfderwereapaAhereot. f . . .
<br /> . - �, �tot�clioe1p11,�nd�s$�euritll.I16oROwerfaiisto perto�m the covenanb and agreeme�r.ts contalned inthis Qeed o1 � • •, .
<br /> � TrusL or N enyscUOn otproceeding is commenced with matedattyaffacb Lendera fnterest in t'�3 ProAe�.�nctuding but not
<br /> umiUedto,8m►nentdomaln.insotvancy,cadeenforcemenLorenan ementsotproaeed9ng�involvingabankruptordecedent .
<br /> � � t�en Londer at Lender's option.upon notiee t�6onower,may m.a�e such appe�fances,dis0urse such su�anA takesucb
<br /> � � nctioneebnece�sar�ItoDrotacttanaer9lnterestinWuding,butnotlimitedto,dlsbursementofreasonabfea�.omey'steesand .:
<br /> - � � ont�upOnthe6�topetrytomakerepFiite.IfLenQerrequiredmoR9ageinsuranceasaconditionolmakingtheloansecuredby ' i .
<br /> :1se �o!TtuLt P„arc���r sA�fl p.°y!hs prem!ume requlred to matntaln such insurante in eifect until sucb time as tt�e ;
<br /> . �� . �'. . reauiramentfoisuchinsurancetartni�atesinatcordancewitltBorrower'sandLendePswrittenagreementorapplicaibelaw. � . .:t
<br /> Bnrrowar Ehel)pay the emount o1 ail moR$SgA Insurance pertniums in the manner proviQed under paragraph 2 herQOL
<br /> � � Any amounq diGburaed Dy Lertder pursuaM to this paragraph 7. with interest thereon, shail C�ecome addiUonat E; .
<br /> • ' �naEbtEtlAeSlO1�0/�OwCIROCUreObythi90eedolTtuStUAlessBorrowerandLenderagreetoothertermsofpaymen�sucA �_ t
<br /> � � amounta eflall 0e payabte upan nottcatram Londer to Qorrower requesting payment hereof,and shall bear interest trom tAe
<br /> dateofdiaburaementettheratepayitbtetramurnetottmeonout5tandingpnnc�palundertheNoteuntesspaymentolinterest I
<br /> ' � � at oucb ult�w0ut0 Oo contrary to appficable lew.in which evant such emounts shall bear interest at the highest rato � .,
<br /> � � po►misslbteundoroppflCOblefaw.Noth3ngeonrain¢dinthisparagraph7shallrequuelendertoincuranyexpe�nseartakeany � . - r�
<br /> . � ;� nclion horeundar. ��
<br /> � .'. �,tn�p�ctlon,Lando�maymakoorcau�etbtremadereasanabta8ntriesuponandinspectionsofthePropertv provide0 i ��:�
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<br /> •� • thatlandniohttligivo8orrowernot�Cepriortoanysuchinspectionspec+tyingreasonabtecausethereloreretated�olender's �
<br /> '� . mtCrost�n tho Proporty � .
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