|
. .,...�.. .,..�:.T......n..,�.,.-� .�� . _
<br /> ..,ew�n�r ' N.�,a.oYntlr.at++H• -_=-__ _
<br /> ' ... :. .
<br /> � .•r,.xr. . .. . . -•�...Y+inr.�.�..�Hlla••wr���.t�1 .:.._:_.
<br /> , i� � �' ' . ...� ... : . ' .wmrtis e _ - ____..._.. _
<br /> , - - . . - . s7 ��'L! 4 i �X�[navu._ .
<br /> 1i'�„ ' _. 'i!?:9f t .lrr�r:,r�.,=-. -
<br /> � i i� ,..y%_.iM`�,?�lyk� �Y __`+Fw�.•.�..t���y. :i.,,�p.�. .y;�uTa�u1 -
<br /> " � ''�� �{�M��1^YLiDei'tiU. .:�.. .� � . . ��':.rlP�\1/t�,y�ar1V.�•��'r�1M���'�^Y�h YY�at�a'n_ �.��e '�� . . ___. .. .- _.��o-._�_y
<br /> y,, � v�� �.�...�7ca.vs_..�m.v=-,...—..�
<br /> .al.`..w.y-nl�+..Y� 'q� TV�.►t�b+r,•�;:i�rSuf ..�.._ .[r t " _—
<br /> r. ?_:.;(.1__i_L.�_�:'�V ' ' ..,....r........... .. ���
<br /> ...�s.�•�... --�-----_____ .
<br /> _,�i. _ � . .. . �ar-.
<br />. '`��- - ' --lnmr.nrwa.ea�-;, ...
<br /> , I � �' � �, ' • .
<br /> . , �7� �t13���r� ,;,....,
<br /> ' '� UNf�URM COVENIIN?9.I�on�wer nncl LenBa�►cov�nant and o4saa nn loilaws: , �;'��•��`:,,.:
<br /> ' �vhnn duo tho prmclpal ot and interest an the •��.r:,:;��,.��;�r�•
<br /> .ti�- ,;,,.._ , `, ' 1. P�rm�nl 01 RNnclp�l «s�d Intes��1, Qorrawat nhnil ptomP��9/ PQY q . .. "�
<br /> indsbledneseevldlncedbylheNota,prepeymentan0latochnrpe9aaprovidedin�hoNo�o,nn�Jthepnncipalnlandintereston ,� "✓ �
<br /> .,�:,��� nnyFut��reAdvnnceseecuredbytheDeedottruet 't�'•:'T"n;�;;�:..-,--•__
<br /> ' 1, Gu;;G�t�r4a�c�c;.�lrt�!�rr.�r.e.5ubiocttanppllcnblpl�w�r�oawrirenwawerbyl.snder,BorrowershallpaytoLender " ,
<br /> '�;`� . '�, on the d�►emupl to one�twelHh ot�ph°y60�rly exae end eisdaeineni�s which m y eitalnfpriority overlh 41�eed o4 Tru�a1�end ' •••-^I�
<br /> . �� "Fund�") 4 y r��',- .`�r�
<br /> �,.,-
<br /> " .r.' :. _ gyea�iy premlum inet�llm6n�te�tor mortgeg�o Ina eancaf i1�anY al�e!�easonelbty o hme ed InUlelty end trom timo to Ner�e by ` �.��' r � �
<br /> ''• :���"�'`°a' Lcndsr on tl�e baaia of essessmenta and biils and reaaoneble e�timatea thereot. r
<br /> The Fund�shall be hetd in an Inatitution the deposite oraccounte o1 which ere insured or4uarenteed.by s Federal orltnte
<br /> � agency(Inelud�in�g�L�a^d round�entsLendermaynotchargetoveoholdingenyd1applyinglheFundi�ealyifS►►Qeaidaccoi,nt �
<br /> ' insurRricepren 9 y p . �
<br /> . , arverflyingandcam kfesuchacha go.8orrowerendLondarm�yeg►eeinw/dngatthetimeolexecu4ionol hisOs�sdalTru�t .
<br /> permib lendertoma p �
<br /> ;J� , `ntero�tto be pnP►id�Lendes she!I not be�requirAd to pay Bore�wer e y fntegest or earnin gas on Ihe Fund�b Lender ahnliglve to k
<br /> �• Borrower,withaulcherg�n�swasmade.fheFundsae pled4e�esedditlonalsecur��iryt�o►th sumesecuredbytP�ISOEedot . � "`
<br /> . wi�iCh each debitto the F
<br /> Trust ..
<br /> It the amount ot the funds held by Lender,together wfth the future monthly installments ot Funds peyable priar lo ths due
<br /> date�of taxea assessments,Insurance premiums and ground rents,ahall exceed the amount required to,pey eaid fexea
<br /> assessments,insurence premfums and ground rants as they fall due,euch excess shall he,at Borrower a option.ofther �'`� � �"''%�
<br /> — �� p�ptr►pUyrepai�to�orroweror$�ed�itedfo�8�or�rments,nsncrencepremi msand� roundrentsasiheyfa/due.Borrowershail I ., .. ,t
<br /> � , .
<br /> -- '
<br /> ^s �.�' Lendershallnotbesufticientto� y I �
<br /> , _;._.,. . ..:' �: . paY to Len�er a�y amount�ecossanf to make up t he de ti c i o n e y w i t h i n 3 0 d e y s r o m t h a d a t e notice is mailed by lender to _ - `
<br /> gonower requeslii�y.paymHnt thrreol ,��,0�.4���f TrusL�enuar shpU promptiy ra4u��d t�Borro::�f Qny�L'!'�4�a1d dy l
<br /> . :�:_. � - ^ - � ..d .�n Acr cmSJlaM11V- L----�— �..
<br /> - -- uponpaymentm�uiioin�„w����....,......__,.. . isochQrw�seacqu���.:,�,.c....�...._^_ . -,--- - .
<br /> � � � Lender.ltunder parr�graph 16 hereof the Propr��ty�saold o�the PropertY r�,;
<br /> nolaterthanimmeciimtetypr�ortothesaleotthePropertyoritsacquisit(onbyLender,andFundsheldbyLenderp4lh�timoof ' a4 '`
<br /> ' � . �ppiication as a credit agninst l�e�sums secured by this�Eed oi T�usG � � ,
<br /> 9. ApplicaUon o9 PAymoni�.U.dnless epplicable lew prdv�;1�otherwise.al l payments reoeived by Lender under Qtt�2 Note � .�"-,;,1 ,��-
<br /> __'' and paregraphs 1 and 2 hereof su�all be appl�ed by lender�irs1�n payment of emounis payable to Lender by Borrow�z under �;,;,,.'.::', ;• v J,'�
<br /> ,. p a r ag r e ph 2 nereoi,ihen to intor�st payabte on the Note,than lo the pnncipal oi the Not�,and then to interest and principal on
<br /> any Future Advancas. � �:'•�(� „'r�:
<br /> 4. Charp�s:ll�n�•Borroworss he l lpay a l l t a x e s.e s s e s s m e�t s a n d o t h e r cnarments or groun dpen ts��f a nyr i n t h o�n a n e e , �r
<br />. ,. P ro p e r ry whlch ma y ettafn a�"a�Trty over this D tld n s u c V x e n r a o re b y B o rrower mukin g paymen�when due,dire�f e e v o t �f;,���'�1.'�'
<br /> "lz�r;.__ ,_ aeh�hw�u.o9 or.if not oa „ .,.,� r �_.'4�'.�IJ�, .
<br /> —���t:+�?�j�.,. �p�p��ehe eot.8orrowei shau�p^omDtly lurm:.. �o Lenaor.�u u�ooc�s�oi a�rcur�t��::..-.._�.!n+A Qwragraoh.end�
<br /> �--.��.,�'
<br /> �'. ��:.^,��.,.�:,.;.r •.
<br /> ra....,
<br /> ;�;,.:.,,��;':,,y,*�� , �8orr�o>xer shall mESke peyman'i diTSCtly, 8orrowar shatl Q�rvmp11y furnish to Lender r�ceipts evidoneing such Da msn ;;,:
<br /> ; L�orrower shas�prar eany siuchliensolonga �or owo9 hal!Cee nwr4�ng ot PaYme�o th begato secured'bysuch � .'�:�f:�: WL
<br /> requiredtod h 9 "�° ; i
<br /> proCeed ngs whlch operete to pre ent the en�SorCemento4 tha�lientor forlei u ayof the Property or eny part the eo1.n in,legal '
<br /> 5. Naz�rd Intu►ans�.&�rrowo�shall keep the improvomants now existing ar hereafter erected on tho Property insured .
<br /> � andiln euch mount9 andfor such p r o�ds as Lender ma yteequue-prov ded.thet Lender 8he 1 not►�egq us e that the arnou t�ot • �``=�
<br /> such coverage exc e e d t h a t a m o unt of covera ge required to pey the sums secured by this Deed of T►ust .,;.^;�`�
<br /> Thl9lnsurence cerner pravidirq the insurance shall bechosen by Borrower sub�ect to eppr o v a l by Lende►:provided,that �
<br /> suCh app►ov81 shtsll not be unreasonab�lyn such�mun�ner,by Borrower making payment when due d i i rectly to tFte�nsurence � . �,,�
<br /> ursder paragraph 2 hereof or,it not pa � • . �
<br /> CBRiet �' ,1G'�`
<br /> All Insutance poliCiss end renewals theroal shall be in torm eccepteble to Lendor and shnll mClude a standard mortgage
<br /> Borrower shall prom Uy tu n sh toLter�der a Irenewal not cos and a I eceip�s ot pa d premu�ms�ln th e ont of loss.Bor ower . •
<br /> , shallg�vepLe�ge^an�dBorrowe otherwiseagree�nwntingrinsuancepr ceeds hel�boappliodtoapstoreti�on�obyreperofthe S
<br /> Un ess
<br /> Property,damaged,prowded such restoration or repair is econom�cc+lly leasible and the secunty ot this Deed o1 Trust fs no
<br /> im abed�the ina rance pracesds shall be eppl�ed toehe sums acured�by this D d of Trust witht e excess i�e Y pe dbo I
<br /> � y �. ,,
<br /> � . Bo ce srmailed by Lendor t bBorrowerbhetthe nsu ancecar ee He st orsett ena claim loe i surance benet ts.Lender�s
<br /> ��:�„ authorized to collect and epply the insu�ance proceeds at Lende:'s opt�on either to restorat�on or repa�r of the��operty or to i
<br /> the sums secured by ihfs Deed of TrusL
<br /> �• UNne t e due da e of the monthly n�stelmrents referre toYn pa agrephst tend 2rhereof orchenge the alm untof sucn F , �
<br /> postpo
<br /> � instAllmenb.lf undor paragraph 18 horeof the Property is acqu�red by Lendor,flll ri ht,tiHe end interest of Borrowev in end to
<br /> � any��ss to Lender to the exte ttof t e sum�secured by th sI�De9,ed ot Teu t9mmed e elypprlorto s ch sale or�cquisit or..n
<br /> shall p �
<br /> 6. RrHtrv�Hon tnd M�Intenance o1 PropeAy;Leuaholdr,Condominluma;Pt�nned UnH Qev �nts.Borrower shau
<br /> ., keep the PropeRTl�v 9 ons of enr e se 18h1s Deed ort T ust s onra e sehotdel thes Deod of T ust is on atuni tn e condomin uam
<br /> •' comply with t�sp7o , Y
<br /> j crmatnen�ned�ue� I^„g�e cnndom�nium or plann�d un t devoopmen�the byllawsand regulations o the�condorrrinlum or
<br /> .' Bo o ar and reeorded together wi h�th snDeed ot T ust�Ihe covenants nd agpreemon s ot such�Pdeeshail�bai n o porated �
<br /> into and shall emend and supplernent the covenants und a��eornents ol this Oeed of Trust es it the rtder were a part hereot.
<br /> � 7,pro(�Go�a ot Lcndee'n�eeucl0y.il ficrrowar fails to pe�iorm the covonants and agroements contamed in thia Deed ot
<br /> Trust oc I1 a�y aation or Proceed�ng is commencad with mtstenally aHects Lendei a�nierest�n tho Property tncluding but not
<br /> the�n0londer�at Le der s option upon notic3 otBoreower,may rr.ake s ch appea en ois.9d sburse such sums and akeQSUCh
<br /> actlon as is necessaryto protect Lende►'s interes�including,tout not limited to,disbursamant o1 reasonable attorney'sldes and
<br /> he Daed of�Trust Bo owegshal�lppay t�n promwms req medgto9ma ntam such9f suanee i�n eflect untl s ch timo s�the
<br /> - ----'--.---- _ .muiromAnttotSUCh1I15Ufflf1COt6ttT���1i�!D8M0CCOfd8�1CUwIth�OtrowQ'�mannardDlovd1i�uR�B p8f89�ph11h8g0118w
<br /> ,. - -� � .._
<br /> Borrower shall pay the amount ot an mongage�nsurn+�oa v����•�����••••••-••- -
<br /> Any amounts ci�sbursed by LQnder pursuant to this paragraph 7. vnth mterest thereon, shall become aad�i�onm
<br />,�._ indebtadnessot Borrowsr Becured by this Doed o1 Trust.Unless Borrowo�and Lender ngreeto olher terms of paymont,sucn
<br /> -----��-_.. p �-
<br /> amounts shall be payahte upon notice from Lender to Qorrawnr requesi�ng paymorn hAreof,and shaU boar mteresl om t e
<br /> at such abe would bo tcon rery to applrcab ertlnw.m wh chuovent such amaunt nshallhb a�t nterost at the��9hest rate ,
<br />' ' ., permissiblg underapplicable law.Nolhmg contained�n this paragrapn 7 shall reqw�e Lenderto incur any expense ortakeany
<br /> — action hereunder.
<br /> 8. trspecllon.Lender may make or cause to be made reasonabla entnes uRan and�nspections ot the Property,provided
<br /> that Lender shall g�ve 8orro�ver notice pnor to any such�nspect.on speuty�ng reasonablecause therefore related to Lender's
<br /> � interest m the Pvoperty
<br /> .i�
<br /> �'
<br /> � ..
<br /> �r ..
<br />
|