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<br /> — � for monaage i�. Sf �u►y. �tl pa �e�nn�t►ty esdrtutod idtial{y uid from tlme to tire�e by Leixlcr on the bASls of
<br /> �� �.�ses:nxnc��i bills�c!c�rason�b:��stinxtr�ttxregf. Be��rovrer s1�11�not be obYiqaicd t�m�1ce Eueh peya�ecus of Fuuds _--_
<br /> - ta I.emkr ea tt�extcnt tt�t�nrmwr,r iavdces soc�pa�yraents co t3u ho;der of a prtor a�onga�e or deed�f truss if sucl�Izolder
<br /> —=�� is an iaadtutional leixler.
<br /> —=�'�'"�°"� I�f Borrower�wys I'unds to Ixnskr. the Fund�shAl1 be ttrld i»an[nstItudon the deposlw ar accaunts ef whict�are v.
<br /> `�_�— --= iusurcd�r�rqn�.ecwl E�y a Fede;al c�etatc agc:.cy Qinxlt�in; E.eu�?°_r if l��st is�t�ch an instiwtifln). Leudtir shaU apply -
<br /> ------.-- _-= tLe Funds to p�y saxd taxes.assessments.insuranc�pnmiuntg and grour+d reuts.l.ender a�ay t�ot charge fnr so tsolding And
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<br /> ---==�.=,,.�:� AnP�YinE the Fuad�. analyzing safd accaunt or verifyIisg and cumPlling said as.sessnxnts wY9 biqs� unless Lend�r paYs =__°_
<br /> ----• �-�:� Borcower iqterest on tf�e Funcls ai�d upplicable 1aw perm4ts Lender to malce such�clu�rge.Borr4wer and I.e�xler enay agree
<br /> -=°``'�"p'�'g� ;n wdt�ng at tue dm�e of eaecutic►n of tbis Deed of Trnst ah�t inte�est on the FuncL�stial!be paid to Borrower.swd unless �r
<br /> �"`""�`�"" such a�rrement is made or applicable law rcqui�es sucd intergst to be paid. Lcnder shaU no�be n�quired to pay B�zrov►�er
<br /> _=.a=_���`= Rny interest or eamings on the Funds. Lender shxl!give t�o Bor[ower. wlthout clwrge.an aniival accoun,dn8 of tbe Funds __
<br /> -='=`'L�� showin credtts and debits to the Fund.9 and¢he purpos$ for afuch each aeble tu�he Fw�ds�•s m�tte• 'Che g�ls xs�e 4;.:�:.
<br /> .�m�,e r� �,� S
<br /> pledged ps addittonAl security for dte 6ums secured by'thts need of Tnut. �""""
<br /> ����..`�`�� �f tnP an�unt of the Funds hetd b;y Lendex.to�ether wtth the future monthly i�tallments of Fands payable priar w �`�;
<br /> � �"'f'''�'�� Aie due da�es of nuer,. assess�nents. insur�r.uce pcen�iums an0 �round aents, shall eaceed the�m.ouat roquired to pay s�i[i � �
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<br /> r�� ':%. � taxes. a.5essments. insurance preauums tuul�zauud rents as they Call dus. such eacess shn11 de. at Bumnwer's opdon� T'°;��:�
<br /> -:�.��,-, �_.
<br />-�-��;�o - either pmn�pdy repaiQ to Borrower or c�dited to Honower on monthly installments of Eunds. If the amount of the Funds '�'
<br /> �*���`�` held by 6xnder shall aat 6e suf�icient to pay taxes, assessments. iasurance premiwns aad baound rents as thay fall due. ��.�>_
<br />=�=.'F,;,;.K_'jr.':. }� Bormwer sball pay to Lender any amount aec�ssary to make up the deficiency in one or more payments as Lender may `,.;;
<br /> �`�� ,; require. t `
<br /> ,�.�?�T i.: Upon payment ig full of all sums Eecured by thi�Deed of Tn�st.Lender shall promptly refund to Barrower any Fumds
<br /> �*r=�� held bv Lender.If under paragrapl� 17 hereaf the Propeny is�old or the Property is oW»rwise auluired'oy ic�ai�. i..cu�i�i �-,� :
<br /> �y�ti _ ..._� .._. ....
<br /> L, ;. �� „ shgll apply. no later Wan immecliately prlor to t�$sale of the Praperty or its acquisidon by Leudcr. uuy r�,s.,�a��� , ,�..
<br /> ,ti,.,���^,{4, . L,endar at the time of applicadon as a credit against ttxe�secured by this Dced of Ttust. 4:,
<br />��r w-'•�i�°;;:', 3.Applicdloa of F�tymenis. Unless applicabte Is�provides oihetwise.all payments r�csived by i.ender wfder the ;::�:•.
<br /> �• �� ��'����• Note and pare$raphs 1 sad 2 hereof sl�nll Ue applied by Lender 6rst in payment of aa�aunts pn�nbie to Lender by Borcower `�°�_
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<br /> -���,.c.:,�;y�:� .: undcr paragraph 2 hereof,then to tuterest payable on the Note.aad then to the princ{pat of the Note. ;�/;;,4
<br /> --=�• ^sr �
<br />=.�.��r�,,, 4.Pr1or Mortas=es and Deetlg ot Trusti CharYcs;I�en9. Borrowsx svall perform a!1 of Borrower's abligadons '�_.:�'
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<br />. .��^^��r•�::�a�� under any mortgage. dad of mut ar othsr securiry agreement with a Iten wlaach has pxiority over this Deetl of Trust. �,..:.
<br /> •_�,=.�.,n,�:.e,,..;�,.a,. . !
<br /> •.:��;-•�, includibg 18omowes s sove�nts to�ke paymonts when due. Boraotv�r si�ll p�y or cause to d�c paid all taxes.assessa�ents
<br /> - --..-'.-�;'"'': and uti�cr chuges. fi�es and Imposidons amibutabl�ro td�e Prope�ty which may attain a prioxity over this P3c;:d of Tiust. ,
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<br /> -', "". a�d lcasehold paytuents or groand reats,if any.
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<br /> �-^?�r=-"�- ' S. Hsiurd Lmurance. Borrower shall keep t6e jmprmvements now exisdng or hereafter erected on the Froperty
<br /> _"'.1.'I"-+n4 iA� M • ...
<br /> ^_.=n-,��fi���, insured agxinst loss 6y 6re.har�rds iaciudgd wtthin�he c�nn extended coverage .ancl such�ther hazards as Lender may
<br /> th a
<br />-_ "�;.�;;��� reyuire arK1 in suct�amoun3.v and for such pedods as i.ender may rPquin.
<br />---��������rs-��, �e 3cuurAnce cariior pmvidimg the insurance s1�11 be choscn by Horrower subject to ap�roval by Lender;provided.
<br />�''?'�:{'.�.�`.�, tY�ac such appsoval sliall not be u.nmasot�bly �vi3f�'tseld. All tasuiance policles and renew�ls Ihermf shall be in u form �
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<br /> �'�'` .•:;, uccentable to Lender and shall include a stavdard�nrtgAge clause 9n favor of s►�d iu a foras►acceptable to Lender. I.eader �.'�.
<br />��� �= .� — sl2aU have t�e right to hold the policies and remewats thtnof. sub;xt ro the terms of any mon�age.deed of tr�st or ailier ..
<br /> ::;�,.�,-ti�-;:,��� security agree�ment witU 4 lien which has priority over thfs D�ed of Tcust.
<br /> =-➢�`-�-'�=,-- In the event of loss, Bormwer shall give prornpt nottce to the t�sutance cairier and Lemder. I.enzier may malce proof
<br /> ��K���.".'.��� of loss if not made promptly by Aorcower.
<br />.,-`.1tL"' .:.___^
<br /> -�"��r" � ':�i'� (f the Pmperty is abandoned by Borrow°.r,or tf IIonower fails to respnr�.d to I.ender withln 3Q days from the te
<br />� ��`'�``�5' noflce is mailod b Lender to Borrower that tlie ins�uance carrier offers to se111e a claim for€nsurance FfeQefip.Lender is
<br />^�,_l.{�,.
<br /> �jw�I :'A-'��'..'.�"•� �
<br /> _.�`"� : ` �' authoai7ed to s�lleet avd apply die insumnce proceeds at Lemder's op@on either to c�eswradon oa npair of the Propeny or
<br /> wY.w ..Y �
<br />��'..�:..,;.:�, � to the su�ativ sccured by this beed of T►ust.
<br /> ::.,�.: ,'. �y�
<br /> . ,�•..,t ..:-`� 6. Pt�cscrvratton and MuinLeuance o�P Fro LesSthadds� CondomW�crasi Pians�ed Unf4 D�evetopfficnt�.
<br /> --- - ,`' ��,, Borrnwer slull keep the Propexty In goad repalr s�mc�shail nut comarit wuste or permit in�paiivsent or de1ertaration of tl�e
<br /> -�',�^�'.��,� Property and sl�ll comply�vith the provistions of any lease ig this Deed of'�'raut is on a leasehold.If tlus Deed of Tit�ss is
<br />-������--�. . " on u umt in a cond�minium or a p9a��.ned ui�tt devclopsuent,Ba�w'er sh�ll perform all of Bar�ow�r's ubliBadons under the
<br /> ==��;�:;�:.;,;;, �r;. declua!inn or covenuns creapng ur governiug t�e co�xlominanm�nr plann�d unit develop��ns.the by-laws and re�►lntions
<br /> "'��=��-�� '��-z. of the c�ndominium crr ptanned uuit developmeat. aud canstIh*.enY documents.
<br /> � � , 7. Pratection of Le�ader's 8ecusity. If iJaiunwer fails to perfa:w die covenants aud agreements contaiaed in tI2is •
<br /> . � Aeed of T�usc�or if any acdon�r proceeding es ca�menced�v1ilcH materially affects Lendee's interest in thc Property.then
<br /> � Lend�r. at LeadeA's �ption. ugan nodce ta Borrower. �ay nnatce sus� 1ppe:tr:uuc:s. disburse su�h sums. includinu
<br /> • ��._ � r..e ......�.o o...�, d.,;.u,oa .��F�„m nmrr� ien�ie�•'s inrr.nest. If I�nder ce4uired mort�ge
<br /> -- = iG.vamavxc s��,,.wJo ...o...,...��w..........----—---�• -- . -_-
<br />_' ~; �., - - in,�u�ance ay a wudition of n�aki�tfie loan sec�u�d by this Dted uf rrust. Barro�ver shall�2ay the prer,;�uu�raquirc�i to f
<br /> � malutain such iasurance i�n eiiFect until sucb ame as the rcqutrem.:nt for ntich imsurauce tem�inates in r.ccord3nrx wit� (
<br /> �� � Bomow�er's agd Lc:iulsr's wdtten zgmen�ent or app lica b te law.
<br /> _ � � Any rmounts d�sbursc�l�iy Lender pursuant to t�is pa�agragh 7.wIth interest thereon,nt the Nnte rate.shaq 6ecome '
<br /> _. ' ' nil indebtedn�ss mf Dnrrower serured b tNs Deed of Tcaut. Unless Bo»owbr nmd LesHler a�cee to other ter�s of j
<br /> sdditio Y
<br /> - _ paymrat. s�ch aauounts sball be yay�ble upan naince froni l.ender to Borrower :equestia� paymeut thereof. Notlnug
<br /> �. ' coutai►xd in 4hts paiag�apU 7 shall require ixnder to inc�rr nrsy expens^,or talce any action hereunder.
<br />_ � , .. 8. inspectton. I.euder n�ay make or cause to Ice mzd�eeasomble entries ugon und iuspecdans of ttce Frogsny.
<br /> � provided cbat Lender sUall gtve Borru��er nodce��ior ta any sucb inspesda�i spec;ifying reasona6le cause therefor eelated to
<br /> ';f:.A:- � X.en�ec's inteiest in the Frop�rty.
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