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<br /> ` . UNiFORM COVEIVANTS.Barrowe�end Lendar eovenaniand agrao es tC�taws: � ' ,-"'�"
<br /> <...
<br /> �• t. Paymtnt g1 Pttnd�l ens 7�htas3.Borrower shall promptiy pay wAen due the pnncipai of and mterest on ti�e . . � `-"_
<br /> � indebt3dnessev►deneedDytlfBNoto.preps� BntendlatechargesesprOVidedintheHote.endtA9prinCipalOtendintereaton � r�>=
<br /> - ' '. anll Future Advances seeured by tRe.. A ot Tn�st . � ., ` ',.•�..� �
<br /> � � � ?. Fund�tcrYuw�dim�lstartCR.sub scttoapptitabtetawortoawrttter►�ve[verbyLan�e�Bae�ov�orehailpaytotender , �_�-
<br />- � � � onthedaY�ontl�tyinstmlfinensaotprinciF�anA►nterestarepayabteurtdarMallote.untiltheFtot8i8paidi�nWll,asum(herefn , •. , , ., . :=-
<br /> ' ` ' "FunQs'�e�ua1 to one-tweifth of ttte yearty taxea end essassments whicA may anain prior�ty aves this Oee�!of Truat.and _ �r
<br /> � groundrentsanthePro�aryr.itanY.Plusorte-twetftfiofyeartyPremiuminatnlimentstorha�ardinsuralscePtu3ono-tweiMof � , _
<br /> l- �.F � , .`f ' Le de%n��8te 6831s af e��menL9 endb311f es�.lsisndr8�8.40't e�e es m2t9s Ut�eie0�iestiraated iNtieity 8nd fnlm Uma to time by . 4.,-. _.,, �
<br /> TheFundsshal1beRetdinaninstfwtianthedeposibarac:eourtsofwhtchareinsaredarguaranteed.byaFeQeratarataUa . . -- �-�
<br /> • , • , . agency GnctuQing Lestdsr if Lender is such an instiiu�on�Lsnder shafl appty th9 funds to pay&aid texes.eaaessmente. . . ��•�
<br /> � � . ;RSU9ancepremiumsandgroundrenb.Lendermaynotcha�gaforsohatdlrtgandapptyingtheFunds.anafyiingaaideceount � ��.
<br /> • � � orverityFngandcompilingsaidassessmentsartdbilis.unlessLenQerpays BatrowerinterestoniheFundaend�ppticahtelaw . "_�.�
<br /> DesdotTnt3t ' ,�±�..��
<br /> • � • � permifaLendertomakesucbacharge.�orroweren�Lendarmayagreainwri�ngatthaWnaofexecutiorrofthis , . -
<br /> � � that in4erast on the Fun�s sha116e Raid to BoROwer and unte�s such agreement is made ar apnticelbe faw reqairea auch •• � <'. • :Y.-=
<br /> � � s � irteresttoba psidl.endershaflnotberequicedtopayBor�oweranyinterestoreamingsontheFmndatendersf�ntigiveto '. ���
<br /> ° Bortower.withoutchar�e,enarmualecc�ur�tingoftheFundsshowmg creditsanddg5itstotheFundaandtheputposetor •.�,..;. :;�;;
<br /> � . wAicheachdebittotheFundswasmade.TheFundsareptedgedasadditionalsecurityforl�esumssecuredbythis0eedof . �. ;�"r;+.�.�.�.
<br /> ' Trust �
<br /> If tAe amaunt of the tunds he10�Lc.s�der.togeiher witA tha tuture monthiy instaliments af Funds payaWe prior to the due ,•.;�j-;.,'"!�
<br /> • daiss of taxes�.asses�nerri�.insurznca Premiums and ground�ant9.shalf excesd the amo�mt required to pay safd taxes. :. :=--�.�
<br /> . , a s s e s s m e n t s,i n s u t a n c e presniums and g round rents as Mey fa11 dua.sech excess shaU be.at Borrower's aption.eithe� : _:,', ,;_•�
<br /> � prompttyre�atd to Barrower ar crediLed tu BorroweT on mornhty instaltmenb of Fund9:li tT►e amauM ot the Funds h e i d�y °• s=�;;,-.��z
<br /> ' ' ' . LendershallnotQesufficienttopaytexes.assessments�insurancepremiumsandgroundrenLaasUiieytaqldue.Bor►owersAaU �; .:_ -,;;,�---
<br /> � ,. . ` BoROw�re4��9 p�en!th�ereoryf to make up the defictency within 30 days bom tAe date noh'ce is maited by Lender to ., ,�:`�:,;-""-,
<br /> .�-.:;.
<br /> � � ' Uponpaymertintullafellsumsseauc�bythisDeedofTtusRLendershailpromptly�efimdtoBo�roweramtFundsttetdby � � � .�
<br /> • • � Lender.BunderparagrapAlBt�ereaftheFro�y issoldorthePropB�y isotherwiseacquireddyLenQer.LendershaBaRAhi• , `?:�.�:�'�:`°_
<br /> ' � nolatertha�immeQiatetypriflrto4hesalsoith� ePropertyoritsacqaisNionbyLender.andFundsheidbyLenderetttledmeof `>'�_ ��:y;::;�;. :_—
<br /> . �Pfica�on es a credii egainst the sums secured by this Deed of Trust �,r,.� _�°.t_.=i
<br /> . 3. Ap�at�b.Unlessapplicabletaw pro�idesotherwise.allpaymentsreceivedbylenderunderihe�tote �,. �.p�,,
<br /> andparagraphsland2 ereolshBflbeapA���bytenderfirstiopaymentotamountspayabfetolenderby8arrowerunder , • :.-_:w=
<br /> • � . ' : parag�aph2ftereol.ttfentointe�es4paya�teontheKote,thentothep�incipalafMeNote,andtRentoi�terestandp�lnci�alon , \' �;•",=�
<br />- . � " • any Future l�dvancea . .... '+
<br /> . . , 4. CharSn;U�ta.Borrow�tsshailpeyailtaxes.assessmenffiandothercharges.finesandimpositionsattri0utabietotl►a s�
<br /> � � Property which may attain a riority over this OeeA of Trust and teasehctd payments ar ground rents,i1 any,in ttre manner • , 4,�~ - .
<br /> ' • p ro v t d e d u n d e r p a r a g r a�h 2�e r e�l o r,i f rt o t p a i d i n s u c b m ann er,b y Bartower makin gpayment when due.direcfty to N�e .__�Q_
<br /> • � payee thereot Sortower sfialt promptty[�amish to Lender aU notices of amounts due un d e r t h i s paragrap h.an d in t R f e e v e n t = , ,
<br /> • � ' Borrower s�rs[I makep ont direcUys.f3ssrvawer shall promptly tumish to Lender receipta evidencing such payments . '��`��"
<br /> B ottower s t s�5p r o m p u y i s c h a r g e a m F�i i�+s w h i c h h a s p rt o ri ry o v e r t h i s Q e e d o f T r u s X p r o v i Q e d.t R a t B a r r o w er sh all rtet be � ' +
<br /> ' requi�edtadischargeany saci�8ensota.igasBorrowerShattegreeinwritingtotAepaymentoitheebfigaUonsecuredbysuch ` •=:'•,4; : ,
<br /> � lien in a matmer accep t a Dte to lende►,or s h a l l in goa d f a i t b con t e 5 t su c h li e n b y.o r d e f e n d e n f o r c e�e n t o f s u c h l t e n i n,l e g a l .,;,;;r�
<br /> � '. proceedings wl�ich aperate to pcevent the enforcemEr.1 of the Iien or toReiture of the Properry or any part thereot. �.,. .. • =. "•, . ;. •
<br /> • 5, Huard(asur�.Borrower shall keepthe iar��rtvements now e�cisting or hereafter erected on the Pro�tyl insured �y;��:.� y;; :� ,
<br /> ' � against toss by fire,hazards included w�in the terrsi r„�tsnded coverage",and such other hazarda as lenQer c� reguire `�� .,
<br /> i Y ., •�r(..',.�;; •,
<br /> andinsucha..fiountsandiorsuchperiadrsc+slendermayrequire:provided.thetlendarshaiinotraquirethattheamountof ,'.,��, r-.•
<br />-- ' such cove�exceed that amouni ot cc�eragerequlred to pay ur+ps�ms SeCUred by Mls Oeea of TrusR . :..:.s::>?.:. ;.,
<br />- ' • Thfsinsuren�carrierprovidingtheinsuranceshailbechoseK��q;Qorrowersubjecltoa�Arovaiby Lender.provided,that � , �� '
<br /> � ��•: . .%y{� sucb approval shail not be unreasonabty withhetd Ail premiumscrc.�surance policies sha l be�atd in the manrter provided � . � f_ ,I
<br /> � -'�i.`'• under paragr8ph 2 heraof or,if not paidin sucb manner,by BoROwer making paymen�when due,direcUy to the insurence '' ..
<br /> ,. � Y?::. � : '�' .
<br />" ��i;��� �aIl insurance poitcies and renewalsthereof shall train form acceAtabte to Lender and sha!{include a standard mo�t�qage j . ..
<br /> ' clauseinfavorofandinformacceptabletoLend$r.LendershailhavetherighttohotdthepoliciesandrenewatstAereofand �,t`� . ; �;r_.
<br /> � BoROwershatlprompUytumishtoLenderailrenewalnoticesandalt�eceiptsotpaidpremwmalnthseventoftass.Barrower � '�_�,i�:.�,
<br /> - shatigiveprompinoLCetotheinsuranCeearrierendLender.Lenderma makeproofotlossifnotmadeprompttybyBorrower. �
<br /> � UntessLenderandBorrowerOtherwiseagteeinwdUng.insurence pioceedsshaUOeapptiedtorestoratlonor�epairotthe :���, •;.
<br /> � • Properiy damaged,pravided such restorarion or reRair is economicalJy teasibte and the seou�ot ttds Oeed ot Trust is not , •;,,
<br /> � thereby tmpalred.If such restoration or repair is no8�cOrtomicaily feasibte or it the securiry of is Deed ot Trust w0utd be � .,di . �:
<br /> - �� �• impaired.the insurance proceeQs stfail be apptied t�ttse sums sgcured by this Deed o!TrusR with the excess,�f any.paid to i . .. ��.Y,
<br /> �?"��: Borrower.ll Me P�opeRy is 8bandoned by Borrowsr,or if Borrower feils to respond to Lender within 30 days i�-m the date .
<br />- � notice is rtrailed by Lender to BoROwer that the insurance carrier otters to setNe a clsim tor insurance benefits.Lender is f � '!{�
<br /> • suthodud q collect andepply the insurance proceed9 at Lenders option either to restorarion or reaair o1 t�e Property or to ` •
<br /> ,�.:!.±: . , . the sums�cured by this Qeed ot Trust � � , .�,
<br /> • • � UnlesstxnderandBozrowerotherwlseagreeinwriHng,any suchappficadonotproceedstoprincipalshallnoteatendor � �
<br /> ;;c�'!s';.;��' � postpone the due date afriTe monthty Insffiitments reterred toin parag�r8phs 1 and 2 Aereot or thange the amount ot such ` .�`�"� .�
<br /> '•'`�•'��• ' mstal�menis.N under h t 8 hereol the Property is acquired by Lender,ell right btte end interest ot Bonower in and to �,• _ t� '
<br /> '�'" � anyinsurancepolicies2..R "snandtotheproceedsthereufresultingfromdamagetothePropertypNOrtothesatearacquisition �,: .. -
<br /> •,:.•.�.,
<br /> ` � ' � shall pgss t0 Lender to the extent of the sums secured by this�eed ot Trust immediateiy prior to such sate or acquisition. ��.
<br /> �•,:�
<br /> 8. P�asrrvattonandMalnt�naneea�E�,rop�Ay;Ltat�hotda:Candomtntums:Ptann�dUnHOsvNopmfnb.Borrowershall , _
<br /> • ' keep the P[operty ln goad repair and s7sa�1 not commitwaste or permit impairment o!deierioration of Me Property and sha0 f � :�,-.';',
<br /> ' compfy withtheptovisionsofanyfeaseilthisDeedofT�usti9oneteasehotd.Ifthis0�dotYrustisonaunitinecondominium . . -
<br /> � � or a pianned unit devetapment Baaower shalt pertorm atl ol Borrower s obligaUons under the deFiaratton or covenants � � . .
<br /> creaUng or goveming the tondomirium or pianRed Gnit development the Dy-laws and regutations of the condominium or { ,
<br /> • ' plan�d unit devetopmen�and constit�ent dccu�r�x�.If a condominium or planned unit devetopment�ider is excuted by l .
<br /> • � • Borrowerandrecardedtogefh8rwithUs.�30aedCfTovst.thecovenantsand8greementsofSucAtfdershallbeincorporated ; -
<br /> • into and sltai3 emend and supptemerrt tPrr�covenanb and agreemenb of this Oeed ot Trust as i1 the rider were a paA hereof. � �
<br /> ' � ' 7. Pre�£setion of Lendfr's Sreeu'�f•t7 8orrower taits to pertorm the covenanb and agreemenb�ontained in this Deed of , .
<br /> ' - • � T�ust or if an acdon or proceeding�s�bmmenced with materlatty aHecb lender's ir�ierest in Me Property.inciuding but not
<br /> � ' thent Lendema�4ne�enQer' �s�G�on�Vi:,�n notice to Boreoweei�may make sucA appea anceis�.�disburse suth sums enA�aRe such _
<br /> ' � � actfonasisr�sSaryttt�tectLerrQ�r'sinteresLinciuding butnoltimitedto,disbursementolreasanabteaKOmey'steesand ,
<br /> • ' entry upcntS:aProparrytomaker�paizs.HLenderrequiredmartgageinsutanceasacondittonofmakingtheloansecuredby �
<br /> . . the Oeed c'.Trust,Bonower shail p,i��he premiums required io maintein such insurence in ettect unUl such Ume as the � , •
<br /> � requirementtorsucbinsurancetern::r�tesinaccordaneewithBonower'sandLender'swrittenagreementorapplicatbelaw. •�.
<br /> - � � � BoROwer shall pay the amount of all mortgage insurance parmiums in the mannar pravided under paragr4Ah 2 hereot � ,
<br /> ' � Any amounts disbutsed by LenEer pursuant to this paragraph 7, wdh interest thereon, shall Ceaome additlonal •
<br /> � indebfedness ol6orrower 8ecured bythis 0eed of Trost Untess Borrowerand lender agreetootherterms otpayment such
<br /> � ; amounts shafl Ea payabte upon�oticetrem Lender to Borrower requesting payment hereol.and shatl bear m:erest trom the . .
<br /> • dateotdlshursementattheratepayabtgiromtimetotfineonoutstanding pnnapafunderthelVoteuntesspaymentotinterest
<br />- at such rate woutd be contrary t0 applicabte law,in which eveM such amounts shall beat interest at ihe highest rate
<br /> � • ' . . permissibleunderappiiCahtelaw.Nothingtontainediothisparagraptt7shatlrequ+retend�rtoiasuranye�pens�ortakeany . f �
<br /> ' action hereunder.
<br /> ' 8.(nsp�cttOn.Lender may make or cause to be made reasonabte entnes upon and inspectians of the Property prov�ded •
<br /> . � thatLendershallgive8onowernoticepriurtoanysuchinspectionspeciiymgreasonabtecausetheretorerelatedfolendeis �
<br /> . ; . � interest in the Property
<br /> „ � , . . ,.
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