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<br /> 9. ��a�jitl�lt9 81 FrjRZl�d�l G7td I�1iP�?49. Rorrovsret oht�ll�rpmpt�y��y�'�hon ciuo in� �fitic:iyt:l ui u�t� IiiiciCSi `v�i ;`� �".��'"`"' 1 -
<br /> � � i i�1dC.BiCSI��e.'.3CUIc1CttCL`UISyIli�NQtO,pt'o�ay�o�tandlc,tacharae�c�sprovt�ecllntheNoto.ar�dthr�princlpaio4nn[tlnte�esto►� {�•��. = `'
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<br /> .��,�N��:;.•.µ: • [�ny I�uture Advancoe aeCUrad f�y.�to Qct�d o4 Trust �.;���,�_�.��_4h_.��'�Y"_-
<br /> � , � 2. Fantl�I�Yrr��te►dlasterancu.Sub�ectto�ppllcahlnlnwortoawrit4enwafverbyLen�ier,F3QrrdwerehaNpsytalender -
<br /> • ontnodaymnnthlyinetallnzrnt�ul�rinr.i���ndintsrestnropaynblmunciertheNnta,untillhr�Not�is�nldlnt�Ul,eaum{lieraln � ��
<br /> �..' y^�t:.t �:i�rfr, „ �. . �.. .�,,,,..
<br /> ',i�i�,. ,..,_;:, ••Funds")@QUe)t0 0(1@-twetiin o4 iite ya��iy iBNna�klRa 86awob��7bi�:�G:b^J f�l:. ... f; , b.�t thl9�."�'��}Y'ft ►;Pittl �;.ar.�� -_— -
<br /> ,x�.:-;.�.::�,r.�t., groundronas4nthaPr�psriy,lleny.plu�ans-TV�lftholyaarl pr�miuminatsllmentetorh�xard�risunnce,plusona•twNRhof _��l
<br /> •• ,=��--�--��� yearly premium Inat111m�nte tai m�atlpage ineur�nce,il ar��,al!As�eaeaneb!y esNmated initialiy end irom tlmg to tlme by ____,,_��,-;vs__-_-_
<br /> ""'=� Lenclee on the basie o1 aoswan,�r8��1��Rn d biits an�rea�:sa ble estlmetos thernaL � `+'"'�'" � F;
<br /> � '��+�-��`�"'� • 7heFundashsllbnhe6dl .�R ft�.g��tutlonthedeposi[suraccnuntsofwhfFh��inauredo�r 0uarantead,byaFedaraloratat� ��.��5,����»f
<br /> '� '"�'""'°'� agorsay(Includin�{Lertder i�l�ntlnt(s nuch en inadtutton).Lender sl�ail a�p tna tund�4� ay eafd taxaa,etsesarnsnts, � �i m.�. :�
<br />' • � insurancepremlum9Andprotip1�IFg�t9.Lenderrenynotcharg�tore�hotdi�pqs���Oplyl�p�o,�e�unda,en�i•�IR41lN�Id$CCCtunt ; ,.;,:;;,;.��a• ��-
<br /> ° ��� ;, . orv�rityingan�lcornR!UngsaitlaHa9ssrnenUxandbill9,unt�3ul.endatpayo mnrerint�tt�ryEnRt2leFundH r�� �pfi„hit IHV.+ > �,J, ''��� -
<br /> pa:miialcnti�rtoma":�tuchAPi��t({�.HonoKerc�ndA.�t�c�{irmayagraFtlna�iiitln�getttr9Um��!c�x�cutlono�t�,I�f;+��a'��ilau�t ; ,;� ': ;�-_�_-
<br /> that Intereat on the Funcla.e`x�ll lqp paid to E3ar�u�*�..�a el.pnteaa such egreamerr4��r��e��a,or appncs�bn,ikW�,Qq441ftaP.6�!�i� =���� � �
<br /> Intorest to be pald,I.ertda��.�a�11 Ri, +�,
<br /> h ht�ranuit(�q���Y��rrowarenylntere9�?e�t�Arr�Y7 �antheFunds.l.r}�t1Afg',t�ll(�'�I&�to � , , ;��;.
<br /> • � �, Borrowor,wlihautcitar{��t.qttd�pci�tplf��pr����►1�{tIfG+9Ut3�Fundgsha�aln crR�ilt�ppd�t����.�sQ7«�Fund$�n{1t�t9�sis+r��ys�for •� •,. •
<br /> . v�Ntcl�eachdebittolltoFund#�N�i�9fn�,�t�.'f��Q�Nncissreplsdgednsa�dit(qnra�St�r,u(fn±IRt.}M;1�umasecurr3tlbyt�.t�[7�sdo1 ��•�yy�Y�.;+.rsti•<<' •,c• :�
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<br /> �� � It the emount o4 the fundS hel�h�y I,pndos.tagether with tho tuturv monthiy fnstaltmnfl4s�;1Funds peya4lo p►lor to th�duo f;, ' � ,���,�,�t;�� ` .
<br /> � :• � dates ot taxe�.esaesaments,insurance{sramiums and ground renta,sheii e+xceed the a�ount required to pay said taxes, ,�� ���,�.�:.-
<br /> � ' � assassment9.Insurenc�premiums end ground rents as they fell due,such axcesa shall bm.�t Borrower'a optlan,either ` ,,,'.',,,��=
<br /> = • _ promptly rep�td to BOrrodvar o�Grsdite�d fo Borrower on mon lhly installmes�t��1 Funda If tha c�mount ot the Funds held by
<br /> � L.endershallnotbesufticienitopayWxes,ESSessrronts,insurencepiemiw►��as�dg fOtlildP@ilY36ath;,yhNdua.Pa:to:�►aha!! � �r'"=�:"°-
<br /> ��n�. � pgy to londer eny amoun4 necessary to mc�ke up the deficlency with(n 30 d[►ya irom the dete�ntica is mailed by Lender tn �.�,��.�'1°--..
<br /> �"., . - Borrower reyuestin0 payment thereot. . • ;��i1�"".�-�-
<br /> ` UponpaymentintuHofollsumsaecuredbyth►sDoedolYrust,LendershaliprompUyret�ndtoRorroworanyFundsheldby ti, �+:�.�;;;�:
<br /> Lendur.If undarpareflrnph 98 hereof the ProperN is sold orthe Properhr is otherwiao acquirod by Lendor,Londer shall apA�Y _�,��: :�_��
<br /> ., noleterthanimmediatelypriortotheenleofYheproperfymitsacUuislttonbyLendor.andFundshel��yLendaretti�atlmoaf ..�_ _ __
<br /> . app�icetlon as a credit eg�afnst the sums aecured by this Daed oi Trust '""'^"1�T"
<br /> ' . 3. AppRcstlaon o!Pa �ntr.Unless appllc�.�1�lawr rovides otherwiso,all payments rsceived by I.ondar under tho Nate �:�kQ:;:.,
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<br /> and paragrc+phs 1 and 2 hereo!shall ba eppfted by Lnn er Hrst fn p�symont of amounts payable to lender by Borrower under • ����'��r;
<br /> „',,, paragrapfi2he�eof,thentolnterestpay�ibleontheNote,th6ntotheprinclpalof4heNote,endlhentointerestendprincipalon ,.
<br /> . any Future Advances. • �
<br /> '"' �. �harQN;Lf�ntiBoROwersshalipay alltaxes.essessmentsandothercliarges,tinesendimpositionsettributabtetothe ,., "��
<br /> " Property wh►ch may atteln a prfority over this Deed ot Truct,and lensohatd p�yments or grounsl rents,II any,In fi�e ma�iner "''�f'�� -
<br /> ,. .�, . .
<br /> , provfded under paragreph 2 l�eresl or,if not pald fn auch manner.by Borrower making payment,wP�en due,directty to the .
<br /> _ ___. _ naprie thereaf.Borrower shall prompUY furnish to L.ender gil notices oi amounts due underthf9 peragraph,and in thoevent .,. .ia�
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<br /> . .--„ .. ..-�� L30ROWe(3�18��R19�Q EI6YtilOtl!tlI10Gi��. �ln-i6�m oAa11 p.aiS�iii'� TJi:ii:dS iQ LrTStiCi i�'•�''t�,a �•uj�iwnr.i�uai aurt�ua mer�i�5. - -_ _ _
<br /> �• Borrower shaU prompYy discharge any lien which has priarity over thfs Deed of Trust prouided,lhat fiarrov�er shal�not be a .+ `�w
<br /> requfredtodischargaeny suchliensolongasBorrowershallagreeinw�itingtothopaymentoltheohltgattonsecuredbyauch �
<br /> �� Iten in o manner accapable to Lender,or shall in good faith contest euch ilon by,or dofenz3 entorcemani of such 8An in,lepal :��.r;. .��,
<br /> proceedings whfch operate to prevent the enbraement of the Ilen or torfalture of the Pro�orty or any pRrt thereot. .'k;.��: .
<br /> 6. Hl�tard tnwronc�.Borrower shall keep tlie fmprovementa now exiating or heroatter erc�cted on th..Properry Insured , , �,, ��� ,
<br /> agelnst loas by fire,hr�zards Included withfn Ah�4erm"extended coverage",and auch other hawrds as Lender mny require �.��; ,,. �.
<br /> and in auch amounU and for such period3 ay Lender mey raquire:provided,that Lender shall nat require that the emount ot � ,f�• -
<br /> � • ' such coverege exceed that amount of covarage raqufred to pay the se�ms secured by lhis Deed ot Trust �
<br /> • � Thla Insurnnce carrier provldtRg the Insurance sf�all be chosen by Borrower subject to approval by Londer;providad,that ::;..i�'�1�t
<br /> � such appravel shall rsot be unreasqnabfy wNhheld.Ail presniums on insurance polictes shall be peid�n the monner provided . ' ;, , ,�
<br /> , under paragraph 2 hAreo!or.It not paid in such manner,by Borrowur making payment,whan due,directiy to the insurence
<br /> � carrler. f .
<br /> Aii insurance policie�and renewals thareot shall be in(orm acceptt�ble to Lendor end ahaU include e standard mortgege . -�
<br /> ^ clauss in favor ef and In torm acceptable to l.endor.Lender shall have the rlght to hotd the policies and renewals thoreof,and �, . ?% -
<br />" Borrowersh�llpromptlyfumfshtoLenderallrenewalnot(cesendallrc�cefpt�ofpaidprem�ums.lntheeventotloss.Borrower ,�j
<br /> � ' shall give prompt noticeto the insurance carrier and Lender.Lender may make proof of loss if not made promptly by Borrower. � .;
<br /> UnlessLenderend8ortoweroiherwisoagreefnwriting,insurencu proceedsshallbea�Oplledtorostorationorropairottho
<br /> � Property damaged,provided auch resto�ntian or►epair fs economically teaoible end the securi ri of this Deed of Tn�st is not
<br /> � thereby fmpaired.II such restoration or repalr is not econom ica i ly feas i b te or i f t he s ecu r i t y o f t l i l a D e e d o t T r u s t w o u l d b e
<br /> " impaired,tho insurarsce proceeda sh�ll be appl�ecD to the sum�5ecurAd by this Deed of Trust with 4he excess,if any,patd to
<br /> Borrower.If the F+ropa rt y{s absndoned by 6orro�ver,or If Borrower feila to respond to Lende�within 30 days from the dota
<br /> .,� natic9 is meiled by L�ndor to Borrawer t hat the insurence cerr ler o Hers to s e t t i e a c l a i m t o r i e�s u r e n c e b a n e t i t s,L e n d e r i s ..
<br />' authorized to�oltect and apply the Insuranca proceeds at Lender's optfon either to restoration or repair of the Property or to f , _
<br /> " tho sums securetl by thts Deed of Trust � 'w.,
<br /> � Unless Londarend Bo�rowerotherwriso agree In writing,anX such appltcatton of procesds to principal ahall notextond or
<br /> postpone th@ duo date of ihe monthly Inst[allments reterred to�n paragrept�o 1 and 2 hereol or change the emuunt ot such �
<br />- � fnstallmpnts.If undcr paragraph 18 hereof the f'roperty ia acquired by Lender,all righ�title end interest of Borrovrer in and to i
<br /> anyfnsurencopoitcissandfnartdtotheproceedsthereofresultingfromdnmaBetottiePropertypriortotheseleorecquisitfon �
<br /> shall pass to Lender tn the oxtant of the aums secured by thls Deed of Trust�mmediately prior to such sete or acqufsftlon. �
<br /> 0. Pros�ro�tlan�ndM�IntenanaeafPropwty;Lat�holds;Condomfnfuma;Plan��dat'nRD�velopm�tnt�.Borrowershall �
<br /> keep the Property in good rep4ir�nd shall Rot commft wesie or permit Impalrment o}detenoration of the Property and shall ,.
<br /> � complywiththeprovislon3otanyleaselfthisDeetlotTrustisonelea�ehold.Ifthls0eedotl'rustlsonaunitinacondominium �
<br /> � or a pla�ned unft deve!opment Borrower shall por�orm all ot Bor�ower's obltgattona under the declaretfon or covenanta � •
<br />� croeting or governing the condominlum or p!anrted unit devolopmont,tho by-lawa and repuletions of the cond�mfnfum or �
<br /> plar�ned unit deve�opmont ond constituens documonts.It e condominium or planned unit doveiopment�ider fs oxcutad by �
<br />- � 8orrowor artd recorded together wtth thfs Deed ot Trust,tho covsnants and agroemonts of such rfder shalt be incorporotc:d � � �
<br /> into and shell emend end suppiement tho covenAnts end agraements of thfs Qeed o}Trust�s it tho rider we�e a part horQOt.
<br /> i'. Frate�ticn ol lsndeP�Sacvrity.lf Borrower tafls to porfarm the covenants and ag�eoments contained fn thfs D�d of �
<br /> Trust,or if any actfon or procged�ng is commenced with materfally eBects Landor's interost in ihe Property,mcluding but not
<br /> � Iimited to,eminentdommn,inaolvency,code onlorcement,or errengemonts or procacdings involving a bankrupt or decadent, __.
<br />� then londer at LendeYe optlon,upon noticeto Borrower,mey m�ko suCh appearances.disbur�e such sums and teke such ,
<br /> actlonasfsnecos�avytoprotsctL�ndor'slntares�includlng,butnotlimltedto,disbursementot►easonabloettorney'steesand
<br /> entry upon the Propertyto mokerepairs.H Lender requiredmortpaflo insuranco nse conditton of making the loan securod by .
<br /> tho Daod of Trust Borrowar shnll pay 4he premfums requ{red to maintein such insuranco in oHect until such time as the -.
<br /> requircmontforsuchinsurnncatorminatesinaccordancewithBo�rowor'sendlender'swnttpnagreomontorapplicalbelaw.
<br /> ' Borrowar shall ay fha amount of eIl mortgago insurance permiu�s in tho manner providod�nder paragreph 2 horaof.
<br /> - ---�----- V..--_„- e..., e.,,.....,�o .�i��.�,i n� ►o�dp.nursuant to thf5 narao�anh 7. with fnterest thereon, shAll become additional
<br /> ___ „ ...., _...__..� _.�-•--- -� --•--- _.=
<br /> mdabtedno:s of 8orrower secured by thls Deed of Trust.Unloss dorrower end Lender agraeto otnor terms oz payment,sucn
<br /> Hmnunts shali be p3yable upon notice trom Landor to Borro�ver requssting payment hereot,and shell baar intorest from the
<br /> � dateotdlabursamentetthoratvpayab!efromtimAtotlmaonoutstanding prmcipalunderthetVotouNosspaymentofinterest � �
<br />� •� at such rat4 wauld be contrary to applicable iew,in whfch event such amounts�hall bser mterost at the highes4 rate
<br /> permis5ible undarepplfcahlo law.Nothing ccntafned m this paragraph 1 shall reqwre Lenderto incur any expenseor takeany
<br /> ti - ° action hereunder.
<br /> '�� 0. Inipeciion.Lender mey mako or causo to bs made reasonablo entnes upon and mspoctions of the Propertv,provided
<br /> �� that Lvndetshall give Borrower notice pnor toany such inspoct�on specirymg�easonable CAUSetherotore related fo Lendar's
<br /> Interdst in the Proporty.
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