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<br /> ������ UNIF009M COVEN!►IRTS.Hcroower nntl I.ender co��anpm and agree as foilawe: =
<br /> �.TL J�(S�IM� . - � -
<br />- �`T'`���,� 1. Paymant o!Prirtclpal �nd Int�Ht. Borrowar shall prnmpUy pay when duo Iho pnncipal 01 and int�rast on li�e ���
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<br /> ------_'°=-- Indsbt�dnee�evidenc�dbytheNote,pr�psymenlandletecharges�eproviaediniheNote.andlhepnncipalafandintafre�ton �.��-•ti_�
<br /> ,S=�r-'�''�T� nny Futuro Advancea�eecured by thQ Lleed o!Trus� _ _
<br /> �-��`'�2"^ 2. Ft!tt�t�iTnr.�r�l�e�,t!renea.Sub`ecltoappllcnblolawortoawrittenwaiverbyLonder,t3orrowerehallpaybLender �f ti i -.- _
<br /> '''f4�'�Y-��� onthsdsymonthiylnst�lim�nt�of pdnclpelenalnteroaterbpayabteunderlhoNot�,untilu�o�J�3a►aF:ldln(uU,n..umth•m'n _ _ _
<br /> ...�� ha eerty t�x���nd e�s�aamsnte whl�h rna sttefn pnorlt�ovsr this Osod o1 T►us1,ertd ` '� �
<br /> _u,.t .;.,,- "Funda")equsl to one-twaffth o4 t y y ____
<br /> ��,�'��` + groundrenteontheProperty.Neny,pluaono-twelfthofye�elypnmiumin�tallmentefarhazardinsu�ance,pluaone•twNlthol �,�_.____
<br />-ti•��:+- " '� yeariy premium instetlimente(or mortgape insurance,if any,ell es reaeonebly eetimetad Initielty end irom tlm9la Nme by �Z�-- ,�,;,__ �:�
<br /> Lender on the bneia of saa�sunent�and billa end�eeaoneWe setimetsr therec�i ���Fa��-'-`��'�.�,:�
<br />_°_:�irw�1�►�� ,�.��....._
<br /> `�a��� TneFundaahnllbeheldf�aninetitutlonthedepo�itaoreccounteofwhiCherelnsuredorgu�renteed.byaFedernlarotate .ro --,���,.-lt,.Y..
<br /> ., egency llncluding Lender ff Lendar is euch an inat�tutfon).Lender shall ep�ty the tund�to pay eaid texea.e��esaments. ,:�. ;;_�!r,;,,p,#��.;•;�;?�::-_
<br /> ' �'"., ` In9uruncepremfumsdndgraund�ents.Lenderm�yu�tcriaiyaforsohold.rg:.rtdappfyingthaFunda,anelyzingsaidecCOUnt "���.��,-��,-�;� •--
<br />� o:veritylrtpandcompilingeaidessessn�onYSandbills,unlosslenderpey86c�rroweri�tere�►tontfieFund�endep pliC�blslaw �. -:t �'_�,'1'
<br /> ���.•:�,1�-:'•.� ���� � permlt9Lendertomskeauchacharge.8orrowerarsdLendermayepreelnwNQngatthetfineotexecuttnnulthitDeedolTrust _ ��,,.,,,..;•;,,
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<br /> ; •�:, . that fnterest on the Fund�Bhall b�petd to Borruwer,end unless such qgreement is made or eppIicalte law require�euch . . _ �,_•.�,:, ,.. _
<br /> ' intere�t to be paid,Lender shall not be required to pay Sorrower any interestqr earnfngs on lt�o Funds.Lendar ahpll QiVe t0 _f�.,,i,1, �
<br /> � � " Botrower,withuut charg e,�n nnnual�ccounting o1 the Funda showing cred�is end de6its to the Fund�snd tfie purpose tor �
<br /> ` ,��� � - wnicheachdeblttothoFundswasmade.TheFundearoptedgedasaJditionelsecu�ityforthoeumsaecur�xlbythlsDeGdu? • � ';i;; . :, ,,;;..: r!
<br /> �,1L" ; �� � Truat ' �}�'�� •-
<br /> � .,•' It the t�mount ot the tunds held by Lender,together with!ha future rnonlhty inatallments of Funds payehl�pr1or to the due . s,.`�. "��
<br />-_- � d a t e s ot texes,assessments,Insurance premiurtss and ground renta,sheil exceed the emount required to pay s�id taxes. ;y��;'i;x�:.�;
<br /> asss�sm4ntc.In�urancQ premfums en d�roun d ren t s a s t h ay t e i l d u e,s u a h e x c e s e s h A l l b e,a t B o r r o w e r's o p t l o n,e t i h er �;°.,.,.. �,,,,,�.;���
<br /> `"" promptly repaid to Borrower or creditod ro Borrower on monthly installments oi Funds.it tha amount o1 liie Funds iietd by �-� .:N�r,
<br /> • •• Lendorehallnotbesufficlenttopaytaxes,assessments,insurancepremfumsendgrounarentsestl�eyfalldue.Borraworsi�all ••;r��,, i;�-�
<br /> . . ... '
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<br /> . , pay to l.ender any amount necessery 4o mako up the dsficlency within 30 days from the date nottce fs maited by Lende�r tu � �e,. _.;...• .
<br /> Borrower requesting payment theraof. "
<br /> � �� -�-�1 Unan paYment in lutl of aif aums secureu by thls 0�.c3 ot Tru�t,Lendar shell promptty ret�md to 8orrowerany F unds hefd by : ,..:.....:.:......%G'
<br /> -. ... � �a...�tiva...�o.+vinnthwrwiseecCUiredbyLendBr,Lendershallapply; �,
<br /> � Lander.If unUer parsgrepn �o nuraui it�a��o�.a..•.s��..._.:..- L-----_"-'"=�'':'"",:
<br /> nolaterthanimmedietelypriortothesaleoftheF�ropOrtyrordsucquisd(�nbyLender.andFunCSheldby�enaeran�Nii�nnu� - -
<br /> -' application ae a credit agefRat the sums secured by this Deed of Trust ���::.•
<br /> �,� 3. ApplicaUon o1 Paym�nb.Unless epplicable law provides otharwise.all payments�eceived by Lendee under the fVote �'�' �--r
<br /> end paragraphs 1 and 2 hereof shall be appl�ed by Lendar first in payment of amounts payable to Lender by Bosrow�r under i.��
<br /> " �� paregraph2hereof.thentainterestpayebleontheNOte.thentothepnncipeloltheNote,endthentointerestandprincipalon • . �
<br /> � any Future Advartces. � �'
<br /> ' 4. Cha�q�s;U�n�.Borrowe�sshallpayalltaxes,assessmentsandotherchnrpes,finesandimp6sitionsattributabietothe •..,''i:.
<br /> •
<br /> ' Property which may ettaln e prioreN�ver this Deed of Trust,and leasehold payme�ts or ground rent�,it any,in.lha manner „ � � ��
<br /> _. _ ' ni�yl�ra�imr�wr aara4raph 2 hereol or,if not�nid in such mannor,by Borrowor making paymert�when due,duecUy to tfle '
<br /> . . - ..�..
<br /> rpayeethereof.�orrowerehall promptlyfumi�..ro tendRr eu nonces of amounisuuou���ar:�i�patagr�Fh•sn�.n ftt��"Qn .-- : -
<br /> I Borrower sholl meke payment dfrectly,.Borro�vUr shall promptly furnish to Lender receipts evidencmg auch payments. �F'��'•
<br /> � Bor�ower shall promptly discharge any lien v�hich hes pnority over this Deed ot Trusx provtded,that Borrower shall not be '
<br /> required to dischargeeny such lion s�long as Bor�ower shall agree in writing to the paymentof tha obtigatiar►seeurod by such �'�'`.
<br /> � lien in e manner accept�ble ta L.ender,or shal!in good faith contest such lien by,or defond enfo�cement o1 auch lien in,legal ���•
<br /> ,'1 proceedinga whtch operate zo preventthe enforcement of the Iien or fotfeiture of the Properiy or eny pert thercwf. y ,7�.; ';
<br /> 5. H���d In�unac�.Borrower sheil keep the improvemonts now exisling or hereaiter erected on the Proporty insured , y,
<br /> ', .• � afleinst loss by fire,hazards included within the:erm'extended coverage",and such other hazerds es Lender may requue , „r,�.,
<br /> � and in such amounts and tor such periods as Lender may raquir�:provided,that Lender shall not re�quire that the amount of
<br /> such covorage exceed that amount of coverage requirod to pay the sums secured by this Deed of Trust � -�,,•�j
<br />" This insurance carrier providing the insurance shall be chosen by Borrower sub(ect to approval by Lender;provided,thet a,�P'
<br /> suCh epproval shall not be unreasonably withheld.All premn�ms on msura�ce policies shali be paid in the manner provided ,4
<br />_ � • under paragraph 2 hereot or,if not paid m such manner,by Borrower making peyment,when due,directly to the insurence � .� ' . .
<br /> carciar. ..•,.;. •. ,�„.,
<br /> All insurance policles and renewals thereof shall be in form acceptablo to Lender end shall include a standard mortgage
<br /> � clausa in fevor of end in form acceptable to Lender.Lender shall heve thenghtto hoid tiie poticies and rene�.;retsthoroat,and � ,�
<br /> BorrOwot ahall promptlyturnish to Lender ail renewal notices and all receipts of pa�d premwms.In the event of loss.Borrower i , 1
<br /> � ' shell give prompt notfce lo the insurance carrier end Lender.Lender mey meke proof ot loss it not made promptly by Borrower. � ,=��' ,
<br /> � Unless Lenderand Borrower othe►wise agree�n wnting,�nsurance proceedsshell bo applied to restoration orrepau of the i
<br /> Property demaged,prOVided such restoratfon or repair is economically leasiblo end the st�cunty of this Oeed at Trust is not
<br /> � therefoy Impaired.If such restor�tion or repa�r is not econpmically feesible or if the security ot this Deed ot Trost would be ,
<br /> � ' x�' impaired,the insurance proceeds shall be applied to the sums secured by this Deed of Trust,with the excess,ilany,pa�d to ;
<br /> � �: BorrOwer.If the Properry fs abandoned by sorrower,or if Borrower failsto resp�nd to Lerder within 30 deys from the dele �
<br /> notice Is mailed by Lender to 8orrower that the msurance carner oflers to settle a cla�m for msurance benefds,Lender�s
<br /> IIuthorized to colleCt end epply the iRSUrance proceeds at Lender's optian either to restoration or repau of the Properly or to �
<br /> :�' the sums secured by thls Deed ot 7rust ' �"•
<br /> •• " " Unless Londerand Borrawer otherwise agree in writing,any such appl�cat�on of proceeds to pnncipel shalt not extend or
<br /> postponA the due date of the monthly installments referred to in paregraphs t and 2 hereof or change the ernount of such �.�
<br /> mstallments.If under parngreph t8 hereof the Proparty is ecquired by Lender,all right,title and interest of Borrower in end to
<br /> eny insurance polfcl9sand in end ta the proceedsthereot resulting from damageto the Proparty pnorto the sale oracquisition „, •
<br /> " shell pnss to Lender to the extent ot tne sums secured by this Deed of Trust immedietely pnor to such sale or ecqw�it�on.
<br /> ' 6. P►e���vat{on and Nlafntenanco o!Property;Leaaeholdt;Condominiums;Planned UnN 6evelopmer�is.Borrower shal I .
<br /> � keep th9 Properry in good repair end ehall not commit waste or permit impairment ot deterioratfon ot the Property and shall ,
<br /> ' comply with the provisions ot eny lease if thfs Deed of Trust is on e leasehold.it this Deed of Trust is on a unit in a condominium
<br /> or a planned unit dovelopmon�Borrower shall pertorm all ot Borrower's obllgations under the declaration or cove�ants
<br /> � creating or governing the condominium or plenned unit development,the by-lews and regulatfons ot the condominium or �
<br /> plenned unit dovalopmont,and constltuent documents.It a condom�nium or planned unit development nder is excuted by
<br /> Borrower end recorded together with this Deed ol Trust,the covonants and agreements of such ndor shall be mcorporr�ted •
<br /> fnto end shall amend and supplement the covenents and agreements of thls Deed of Trust as it the rider were a pah hereof.
<br /> 7. Prolectlon ot Lende�'e SecurOty.If Borrower fafls to portorm the covenants and agreements Corntained in this Deed of ,
<br /> 7rust,or It eny ection ar proceeding is cammenced with materially ettects Lender's mterest in the Property,incluGiing but n�t
<br /> Iimltedto,emfnentdome�n,insolvoncy,codeenforcement,orarrangomentsorproceedingsinvolvingabankruptordecedent. ,
<br /> then Lender at Lendor'e optlon,upon notice to Borrower,may mako such appearances.disburse such sums end taleo such
<br /> actlonaslsnecessarytoprotectLender'sinterost,including,butnotlfmitedto.disbursementotreasonaDleattorney'sfc3esand .
<br /> ' ontry upon the Propertyta mako repaus.If Lendc�r required mortgage�nsurenco as e condition of ineking the loan secured by
<br /> the Doed oi Trust.Borrower shall pay the premiums requirod to maintain such insurance in eNact untii such time es the �
<br /> __ _-____-__^_,__-__ reauirementfotsuChfneu�encetermfnatesmacCOrdancewith[iorrower'sandLender'swr�ena��l8nonmm�hp9lhupnelBW.
<br /> -- -- -------,..__._.�_� ..
<br /> ,, Borrowar shau pey[ft0 QPnOUni oi an morn�aga�nyuianco Ne�m�o�.w��.,,.o...a,.::�:;.:::�:.._......__.�_._,.T..- - -
<br /> � Any Bmounta disburSOd by Lender pursuant to this paregraph 1, with intorost thereon, shell baCOme ndditfonal
<br /> indebtednoss of Barrowor eecuresl byth is Deed of Trust.Unloss Borrower and Lender agreeto other terms of payment,such
<br /> amounts shall be payable upon notice trom Lendor to Borrowor requesUng paymont hereot,and shall bear intorest Irom the
<br /> dat�ofdlabursemantatth�ratepayablefromtfinetotimoonoutstandmg pnnapalundertheNoteunlesspeymontol�ntorest
<br /> at such ra4o would be Contrary to applfauble law. in which evant such amounts shall bear interast at tha highest rato
<br /> ' permis51b18 under epplfCnblo law.Nathing contamed in this paregraph 7 shall rvquue Lenderto incur eny expo�se ortake eny
<br />- action hereunder.
<br /> 8. Intp*ctlon.Lendor may make or cuuse to bo mudo ret�sonablv entnos upon Bnd inspections ot the Proporty,provided
<br />- that Lender shall give Borrower nouc9 Unor to any such inspecUOn spec�lying reasonable cause therefore related to Lendor's
<br />- �- interest m the Propert/
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