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<br />`.�"�`�l" UMlFORM GOVENANY3.Truator and Lender covenan4 and a��ae as foltows: __
<br /> �°a�� 1. Payinent of Principal snd Interasf. T�ustot shail promptly pay when due tha principal and interest indebtednesa �;��
<br />` ,,, evidenced by the Note and tate eherpea aa provided i�the Note. _
<br />�=y.��. Z. Taxes�As*ss�meM� and Ch�r�ss. Trusto�ahell pay or cause to be patd all taxes,esseBSme�ta,end other _
<br /> charpea.tinea a�d impoalt�ona att�ibutable to the Property which may attain prioriry over this Oeed of Truat.arrd "`��
<br /> :�r.,�:;� teaaehnid payments or ground renta,If nny. �ender wilt tirst appiy payments received, ��-
<br /> r 3. Apppaation of Paym�ato. Ualess�ppltcablP�aw providoa othora�i�e, �---
<br /> whetherornotdetinquent�inthetollowinporder.(1)toanyappitcabteareditfnsurancepremium.(2)toany applicable
<br /> --;�� late chargea,t3)to any spplicabte prepayment penaitiee,(4)to any interest ehat has accrued,and tinaliy t5)ca the
<br /> unpaid balance ot principal. �'
<br />,,;y.,: � 4. Prtor Morip�����ind O�ods ot Ttust;Chsrpes;Ll�ns. Trustor shall perbrm all at Ttustor's obtigetions under --
<br /> ��-�� any mortgape�deed of trustar other eecurity agreement with a lien which has prtority over this Deed of T�ust,including -
<br /> �°_���`� TrustoPs covenants to make paymeMe when due. �
<br />-�--�_�= 8. Hssard Insunnc�. Ttuetor Ohatl keep the imp►ov9ment8�ow existing ot horoa�tor oroct�d on the proporty
<br /> -- - - inauredagsinstlosebytf�e.hasardetncludedwlthintheterm"extendedcove►ege".ondsuchothorha=a►dsoslundcr
<br /> -= may�equlro a�d In such amounls tor such perlods aa�ender may�equtro.
<br /> ��° The fnaurance csrrie�providinp ths tnsurance sh�tl be choaen by Truator subJect to npprovei by Lender.prov�ded,
<br /> ----= thet auch aRproval ahail not bs unroaaonabiy withheld.All ineuranCa policle�and ronowals Ihereof shell bo In a Io�m
<br /> --- acceptabte ta Lender and ohell inciude a atandard moRgagee cteuse in fevo�04 and in a torm accoplable tolender.
<br /> --_° Lender sheit hava the�ightto hoidthe poUabs and renewalsthereot,subjectto tha terms ot any moAga9o,deed ottruat
<br />--- _- or otHer securiry agrcament with a tlen which haa priority over the Oeed ol Truat. _
<br /> In the event ot toae�Trustor shdll�ive prcmpt notice to the insurance aarrier end Lender.Lendor may make p�ool ol
<br />___._'3 to�e it not made promptty by 7rustar.
<br /> ll the Property ia abandoned by 7ruato�.or if TruBtor tails to respond to l.ender wlth{n•3Q days t►am the date notice ia
<br />- - mait�d by Lender to T�ustor thst ihe insurance carrier oNers to settte a ciaim for fnsvrance benefits. �ende� Is _
<br /> -�_'� authorized to collect and applythe InaurBnce proceeds at Lend�r's aption either to testoration or�epair ot the Property
<br /> or to the auma secured by thia O�ed of Trudt
<br /> a 8. Ptes�rvatlo� and Maintonanc� o! Properly Ltasehotds; Condomintums; Ptann�d Unit Daveloprnbnt�.
<br /> � Truator shail keep the Properiy in good repair ena sha16 not commit waste or permit demolitton. impairment. or
<br /> - deterioration ot the P�operty and ehall eompty with the provisions ot any tease it this Deed of Trust is on a leasehold.li
<br /> this Deed oi Truat is on a unit In a condom(nium or a plan�ed unit development,Trustor shail pe�torm ail os Trustor's
<br /> .� oblipations under the deciaration and covenanta creating and governing the condomintum or ptanned uNt
<br /> --�% sigyglA�+ment, the by-lawa and repuiatians of the condominium o� planned unit devetopmenl. e�d constituent
<br /> = documonts.
<br /> �'" 7. p�ot�ctton oi Ltnd�r's 8�curity. It Trust�r tails to peHorm the covenanta and agreemeMs contained in this
<br /> - �eed of Trus�or if any acqon or proceedinp is commenced which materially attects le�de�'s interest in the Property.
<br /> - then Lender.at Le�de�'s option,uport notice to Trustor,may make such appearanaes,disbursa such sums.inctuding
<br /> —y �eaaonable attorneya'teea.and take auah action as la rteaessary to proteat Lender's interea�it lende�repuired
<br /> = mortgage insurance as a condttion ot making the toen secured by this Deed ot T�ust,Trustor shait pay the premtums
<br /> �equired to maintain auch Inauranae in efleat until suoh time as the requirement tot such insurance terminates In
<br /> accordance with T�ustpr's and lender'a•Nritten agreement or appiicable law.
<br /> Any amounts dfabursed�by Lender pursuantto thfs Paragraph 7,with interemt thereon.et the Note rate,shall become
<br /> additlonal fndabtedneas ot T�ustor secu�ed by thta Oeed ot TtusL Unless T�ustor and Lender agree to other terms ot
<br /> '. payment,such amauntb ahail be payabte upon notice trom Lender to Truator requesting payment thareoi.Nothing .
<br /> - cpMeined in this Parapraph 7 ehati require l.ender to incur any expense or take any action hereunder.
<br /> e. Inspection. Lender may make or cauae to be made reasonabte entrtes upon and inspections of the P�oper►y.
<br /> provtded that l.endor sha!!Qtve rts�tte�n�ttae orior to any such inspection specitying�easonabte cause therelor
<br /> = related to i.ender's intereat in the Properh►.
<br /> - 8. Condemnallon. The proceeda ot any award or claim tor damages,direct or consequential.in connecticn with
<br /> any condemnatior�or other takinp of the Property,cr part thereot,or tor conveyance in tfeu ot condemnation.ar�
<br /> hereby easigned and sheil be Da`�to Lender,subl8ct to the terms ot any mortgage,deed ot trust or other.security
<br /> apreement with a Iien which haa priority over this beed oi Trust
<br /> � 10. Trustor Net Reteased; Forebearanae By Lander Not a Waiver. Extenston ot the time lor payment or
<br /> - moditication ot amoriization ot the auma aeaured by this Oeed ot Trust granted by Lender to any successor In fnterest
<br /> of Trustor shail not operete to�eleaae�in any manner,the liabiitry oi the origtnal T�ustor and Trustor's successors in
<br /> - inteces�lender shali not be required to commence proceedings against such successor or retuae to extend timet�r
<br /> ,v payment or othenuise modiN amortitatlon of the suma aecured by this Oeed ot Trust by reason ot a�y demand rnade
<br /> by the ori9inai Trustor and trustor'a successors In Intereat Any forebearanae by Lender in exercising any rlght or
<br /> -� remedy hereunder.or otherwise aftorded by appilcable law�shail not be a waiver oi or preciude the exerci�e o(eny
<br /> _-,�� such right or remedy.
<br /> 11. 8uccnson�nd Assipns eound:Joirn�nd Ssv�ai LIsbllity;Co-��n.The covenaMs and egreementa herein
<br /> �T=.� conteined ahatl bi�d,artd the�igMs Aereunder shali inure to,the re�pecthre auccessars and assigng of Lender artd 7rustor,
<br /> ---_:� eubjeot to tM provisbns of Paragraph 18 hereof.Atl covenMts an�agreements cf Tnistor shaii be joint and�aeverN.My
<br /> __��:� Truator who oo-s�pns this Deed of Troat.but does aot exeaute the Nate.(a)is oo-sipning thts Deed of Tn�st onty to 9rant
<br /> - - and convey that Tru s t o r's in t era a t in t h e P r o p a rt y t o T ro s t e e u n d e r t h e t e n n s a f t h C e D e e d o t T t u a t.(b)i s n o t p e r s a i a t l y
<br />------���' Ilabte on the Note cr urtder this Deed ot Trust,and(c)agrees that Lender and any other Trustor.hereunder may agree
<br /> ��� to extend�modity,forbear�or make any other accommodationa wfth regard to the tsrms o f t h is D e a d o f Tru s t or t h e Note
<br />;�__� � v�ithout that Trustor's consent and without reteasing that Truator or moditying this Oeed of 7rust as to that Trustor's intereat
<br /> -��� � in the Property
<br />��� 1�. Nottce. Except tor any notice requlred under applicabie law to be give�in another manner,(a)any notice to
<br /> __,-..:;�.� ._ Trustor provided tor In this Oeed oi Trust shati be given by deliverin�it or by maiting such notice by regutar mail
<br /> - � .._ . _...._��._.�a� �JJ.����h�aa/�e►nln nr nt m�A n�hor nddress as 1'rustor mev desi4n8te bY
<br />-=3��"�� �- $Q�I�BSS@O ZO 1 fY6lOf�L{(10 t tYOiVt O avwvvv w�..vv�.�.•�...�. ...��_.. _.. _. _ _ -.
<br /> - ,:�_,,� � notice to Lender aa p�ovided herein,a�d(b)any notice to Lender shatt be give�by centfied maH to Lender's eddress
<br /> '��}�1�vc:� , stated he�ein or to such othe�address as Lender may deafgnate by notice to Trusto�as provided herein.Aoy notice
<br /> -�:-�:� provided tor i�thfs Deed ot 7rust ahali be deemed to have been given to Trustor�r Lender when giveri in the manner
<br /> ---__:;•�.� designated heretn.
<br /> -�� - �� 13. Governing Lew;Severabtlity. The state and Ioaai�aws applicabte to this Deed ot Trvst shall be the law s o1 ►ne
<br /> ..-;.iJ+.h.�'s':. �
<br />�����a s-� jurisdiction in which the Propetty fs located.except that it the Note specHies tho law ot a ditierent�urlsd►ction as
<br /> � `?' �''.3' governing.suchlawshalibetheapplicablelawgoverning thelnterestrate.tees.charges,andothertermsofthecredit
<br /> �� transaction aecured hereby.The totegoing sentence shall ttot tlmit the applic8bllity of Fede�at iaw to thi s Oeod ot Trust.
<br /> -;`�,:�.' In the event that any proviaion or ciause of this Deed ot Trust or the Note coniticts with appticable law.such cor�tlict
<br /> --:..;�.,; : � shatt not aitect other provisfons of thia Oeed of Truat or the Note which can be given etfect without the Conlllcting
<br /> �--�+. , • p�ovlaion.end to this end the proviatons otthta Deed ot Trust and the Note a�e dectared to be severabte.Asu sed here�n,
<br /> "eoats"�"expenses",�a�d"eKotn�ya'tees"Include ail sums to the exient not prohibited by appiicabte law�or limfted
<br />��'��..',�; = herein. . ,. ,
<br /> 14. Truator's Copy. Trustor sha{i betumished with�nci acknowledges�eceipt ot a coniormed copy oi the Note and
<br /> oi this Deed of Trust at the time of execution or atter recordation hereof.
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