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<br /> U�iIfORM COVEN�NTS. Honower e�d Ler►dat covenant snd agrea as 4o!'•ows: ,
<br /> 9. Paymas�of Frin��e�9 6nt�sst. Barrower shatl prompUy pay wP�en due tha pri�ci�st ot an9 �terest an the _ ._ �i_ y-.
<br /> ` :ndebtednass evtd�.^seted bV t a(�ai�.Pra�+�mem an0 tato chetpes as Grovfded m the I�ote.ared thE prinai�s)of en�intesest `, , �.`�� ,�„ �
<br /> on erry Fututo Advanaes s2curpd by ths ee0 ot Ttust. '`S ��
<br /> 2. Funcb tor Texs�a��su*��• �ubjeCt to ap licabta�a�r or to a written waiver by Lendar,�ortower sh3it p��r tu �,
<br /> � terid2r on tha dav monthly installm elfthfot th9i y etly tax s�a d asse sm�nts�vhich ma�8tte+tn,prio�Ylttover this�Qesd�of ' �. .� �,��. ,.�
<br /> � yun,�t�erein-Funds'►eQua�to ona-t p
<br /> � Tnut,anfdfigr�fu�rent emrumeu�afim�rus tormrnortt9aga i�nsu�ce,�f anaV�elf es�i�a onaa�sii�maiea���r d f om time T .� ���.y:,,���
<br /> �•� onE-twel t Y �11 G — -�,�" " .?'�"�
<br /> ta tirsw b Le.rtder on the basis of ossessenents and bi
<br /> Ils end reasonable estimates thereot. ,_„_*�
<br /> ���5�pe h�l�in xn�tution tl�e depos7ts or accaunis ot whis!►s�e ins��ed or guatanieed.Gy Federal or state _4 _
<br /> egency Gncluding Lender i4 Lendar is suah an institution1. LEndar shall apylY tAa h!n�ha Fundse,ana1yzing seid account �R�`
<br /> ;nsurarx�a prem:ums aiW graur�rerrts. 1�u m��r not charga for so hald�ng end aDQlY 9 1'rtable la�v � • . " ' ,
<br /> . or vEriiying and campiling said assESSmants an�f CiUs.unless Lender pays @ortoti�s�interest on tha Funds art�d epp :,. F'. . •, •,. 4 . �. --
<br /> permits L e n der to ma k�FunQs�afl�a paid t Borrosver��unt�a�agree an e'�s ma d e or apf D S ic�able�e w�et�q u i r e s s u c h `' y:`„M
<br /> Tnut that interest on gs F `�� ` •x:.
<br /> ;rae�qo p$paid.lereder shatl no2 tsa required to R3y�nower any interest or earrt�n ��to ths Fudnds a d 4he p rpo e fo� �.` -- `. ''�"•r
<br /> �7����.�•.:, . :...• ,.
<br /> �orrowar.vrit7�aut cha e.an t accounting�of tha Wnds sho�vin8 ctedits arNi deb ,:�.��' `'`i,.• r-
<br /> �M������r���q��Q_ Ths Funds ars p18dgsd as�ddit+nna7 securitlr for the sums secuted by Mis O$ed
<br /> otTnis4. : ,,:".'. r.-' :e,�-==•--
<br /> � ff tfz3�maurn nt the furt6�ho�d bY t-+�ndrs�',foQat�►ar`nr'th the future rttcaihiY+nstaftments of F un d s f puy a b le p r i a r t o t h e • . • . ,`r.,
<br /> ' due dates of eaxes.es��s,in5urmsr�premfums an�ground rents.shatl sxcesd tRe arrsaam�quir�d to pay seid taxes. �'"c,e+l i:'a:�i;,�;��:�.:-
<br /> ",:'ti:.,• t u >.x
<br /> assessm(e tsd to Bonower�or�e�d Yed to Bo owe on monttRly f�nsialtments of Fun�dss�f�tte maurTt of the Funds he Q by �;,,�y;,r
<br /> O�FdY Pa _ —
<br /> _ Sh�aDd�{y to"lender sr!Y amounta p�ecessa�Y to malce�uP the defiaencN wphin 30 days f mrm theldate not coYs maited�iy Lender ,� -��_
<br /> � to Barrower requesn�fuU i ment thereof. �!'°= � � • -'
<br /> Upon payreses�f in o alt sums seaired1�this Oeed of Tnut,lender shetl promptry refund to Bnrcnwer anY Funds held „�`�',
<br />� by Lender. 14 urtder paragraph 18 heteof the Property is sold ar tha PrapeRN is othe►wise acquir�e�BY LeR�er�Le�der sha�� F}'�'!,. � •�
<br /> appty,rra(ater tfirsn immed�ately prior to tne sate of the PropeRy or its acpuisition by Lender,and fu�ds he�d bY�nde�at > ��?'* �'_
<br />_�� ;,.,.�::, the ttme af ap�of�e��• it against the sums secureQ by this l9ee�of Ti�►st. ��F�"�' --..
<br /> 3 � t1�yess app,�cabte taw Drovi4es otherwis�a.all DaYments received by Lender under the Note
<br /> ��p hereof shall be apphed�by Lender�irst in payment.of ar�naunts paVable to Lender by Borrower under �e +.,- s r
<br /> `'�,� .�4 R�p���°th�n tp irnp.rest Dayable on the tVOte,then to the prina�paf oi tize Noie,ar.0 tA�s tc intes�t ens pvincFPal h � .�.
<br /> ,•-.,��. on arry Future Ac�r�ces. — ` ;+ :'i;v�-...W T
<br /> •`�_ .� q, Gs�ges•L�s. Borraweis sriall pay a'J taxes,assessments and other charges,fines an�imaasitiars ettrlDuceble to `�r 5�.:
<br /> " . che�ropeRy w�irfi mey attain a prio�it�l oc�r this Oaed of Trust,and leaszhntd paymems or graus'rd re�►ts.if any,in the �Y�,,�,,,m,.,�a'
<br /> rru,rr.aer proviAed under para9ra�ta'�fiareof or,if nat paid in such manner.by Bortower ma9�ing paymz�t,when due.direc[tY �r, ,*,��.; --.,.
<br /> ,....r: ��tl
<br /> ' �a� y���pf. gpRaW�Q'F�!promptiy tumish to Lender aIl notices of emau�ts c�"uE under this parflBreAh•a�d in the , ���"t�";
<br /> �+apeym ,-��rc;i:r• �1••:;��t.
<br /> - � ev�Harroyyer sha►1 make,pa ��rectly,Bortowar shall promptty tumisA to LendEt�rov de tha4 80 ower shatl not b8 � �•`�.,f�=�.-
<br /> - .. B�rc+�r sha11 pramptly d�s arBe anyr li2n which has priority over this QeaO of Trust;p �.,,�;
<br /> repui:ed to discharge any such lten so tong as Borrower sha11 egree in vrriUng to the payment of th$obl7getion secured by .s�.��U
<br /> ���t�pr�ocea�d ngs which operate to p�event the entogcem��ttof the en or forfe�ture�of the P►oper3Y ar anY P �8�f ���
<br /> • .`�,':,,--__
<br /> �N�t�ratce. Borrowe�sha1f keep the improvert►ents now existing or hereafter erected an tt►e PropBrtY insured
<br /> , .;:,
<br /> a�,,,s�coss�v rre,Qazards inct��xd r�ithin ths term'exier�de0 coverege',end sv�3�o:a►er hazards as Lender mHy requfre � :�,� , :�-,
<br /> �q��e�r�s$nd ta sucla�zdods as Lender may re�uira;proviCed,that Lendsr s't��t not requi�that tt�E arr�awit of . . .
<br /> _ . ,C.':
<br /> � s�rcfi oaveraga exceed that amaunt of coverapa requ1red to�t�the su'ms secured by�tr�s Deed ot Tnist. ,�,�, .,
<br /> j' . This insurance car�ier Ocoviding tha insur&Tr+:�shaU bQ cha�n�V Borrmwer su0 sci to�pDrovat by LenQer,ptoro�u�;Chat �'; ;_._;
<br /> su�A approva!shall not be unreasonably wit�a'treS3. AII premlums on ir►s��rmn�e pol�cies shal1 be patd in the manrser p%Dr��ed j � '' � � __
<br /> � ' h T hareof or,if not paid an s�.s,�h�annar,by Borrowe7 makinD payment,when Que,directiy to 2he ins�nce °w f�-
<br /> �" ` under PDmD►sP ,, z
<br />�����r"�{•.`.: oarder. . ..,,:,.::
<br /> . .: �.L.,.=�..
<br />•��.'�i,:t:� ,Al�onsurance policies and renev�als thereof shat�ba i:s fwre�acceptable to Len de�a n d s h a l l i n e t u 0 a a�s n d a r d m a r t g a g e
<br /> �:`�� clause i�n favor of and in form acceytable to lenQer. Len�e'r sha�1 have the right to hold tr.e palicies an�renewaTs ih'areot. ;b`�`�,�s!!
<br /> " and Bnrrow8r shaU promptty bmiah to lender all renewAt notices pnd a11 receipts o!pai8 prem�ums. fn the event fl ass.
<br /> �ar.�.-0e.-..-
<br /> • . ,�.�..,; Borra,yer y�hafl give ptompt nodca tothe insurance caniet and l.ender. Lender may make proof of tasslf�ot made prornptlll
<br /> by Borrower. 't�:�,
<br /> " "�`� Untess Lenslar xn0 Bonower otherwise a ee in writing,insurance rocesds shall be applied to restorat(on ot re air of - _,,,�,�nnQ
<br /> �y °,.�--...
<br /> tha PropeRy damaged,provided avice�oe�sotr ietpsir�s noiaeconnmicaliyi te,asible Orif teh�e se�sunty ot�th�Deed ot Tt�ust waWd • - -- -;� :,��°
<br /> ^°!�i�y in"ps�ted" �f surfi rest Iled to the suma sewr2d by th3s Oeed ot,'i`rust,witb the exeess,if any,pald ' ' '�;,,�,-„ .
<br /> - Oe impalred,titie ir►surEnoe Proce'�Qs sha11 be app .
<br /> : ��� � � to Borrower. tf the PrqpeRy is sbanQoned by Bortower,or it Borrower fails to resDOnO�m lender withtn 30 days�Qhe .5 .• „ :.
<br /> �e r�uce�s mai�et�by Lertder'to Borrower that tRe insurance caRier offera to settte e�claim for insu�ance bene�its. �
<br /> is autlwrized to�ottect and eD ty the insuran�e proceefls at Lender's opt3on either to resto�a4ion or�epeir of the Propariy or �k t,
<br /> to the sums seaar�d by this�eed oi Tnist. g
<br /> .,, untess lender on0 Borrowm ntherw�agr•e��retened to in parag a�hs ltia d 2 hereo oT chanseithe amaunt af such ��'xi�
<br /> ar pnstpone the due date of the a thN , . . . '•` �
<br /> insto➢merrts. If under paregrapt� 18 hersof the Praperty i9 a�quire0 by Lender,eIl right,titte and interest of Borrower in and :,,�:�.':'�,:.;:�,'1��.��r
<br /> t o eny,insurance pol�cies enS in and to tt�,e proceeds tfier�a�7 resulting from damoge to tho P�ropsrtY prior to the sale or k��l.,.•.,,,.,. .,..,,..:;.
<br /> ' � aCqulsition sha[1 pe�s to Lenfl$r fo the ezt�n2 09 the sums sECUred Gy this Deed of Trust immediatety prior to sueh sete or j�.,_;.•,�,.,.,,__�._
<br /> � acquisition. � �� ��"�t�
<br /> � 6. Ptese�ranfcua en�!'Adrtor+anco df 7rm�F�rr�y►:Leaset�oi�:Condornfrr.ilums:PtarmM Unit Dsv�lopmenta. Bonower shatl ' ,�,�'fr}i►'
<br /> keep the Ptoperdy in flood reDB�r and sRa.!�nat�commit waste or permft a.*�s,rment of deteriorettor.ot the ProDenl►and shall , t.: .; ;,�,, ,
<br /> compty wlth the plovistons o4 any lease t�inis Oeed of Trust is on a t�asehat0. (f thls Qees o1 Trust l�on a unit�n e .,r �� ..
<br /> condominium or a ptanned unrt cievelopmeni,Borrower sholl Dertorm all ot Bonower's obtlgations undet the declaretlon or •.,.� �yy
<br /> covenants cre841ng ar govern�ng the Condominium or Dlannad unit d9vetopment, the by-lawa anA regutattona ot the �
<br /> `•:. �ar, Stuuied unit devewpme.nt,asti0 cor�stituent documents. It a condominium or planned unit dovetopmeni ddar ,P�';4t;,:.
<br /> t� G�tefl� �oviesr and recotded to��'rtr v�itfi thia Oeed of Tm�t,t;'h�cavenartts an0 a reementS of such rider shall ��•,".`�`�� ..�."
<br /> ' t�.-r__.,
<br /> �����.,���y.�s�p���d,����r.rsm the covenartits and��:7�:�tY"�at this Oee ot Trust as if tha rldor woro ' ' t ,��� ,
<br /> O p8f��14t80f. =4 c zxiwi:
<br /> � 7, protsetion of L.enQe�a See�ty.!f 13+:sF+cz�ver foils to petform c�srr aa�s�aRxs end agreement�ca�c:tatned in this Oeed ' ,:�f�
<br /> pb�T�vst,or i!any aCtion o�proc�eding�s commenced which materiaily atte=ts i.Mi3er's interest ire ti��Property Inctuding ;�! ; .ti" ` 1Y r��
<br /> • �btrt not limited to,eminsnt domuln,insolveu on not Cn L�Q13ntrcwer.�mrsYLL"rt�ke susU�rrptpiearances disburse�r.�rJ�e i��Da d •,�:;���,.1 'r�'�''l��r..`f�;�,
<br /> Ca:edent,then Lender at l�n�fYrr'u option, p ��, ,.,,, F,;.:
<br /> � take such action as is necessary��o erotLo a e repairs����Lendesuix:j�i r�ed mort a e iruuranca as secand t on�r�'sl��meiJne / ',�;�:,4'�"t`�,'��".�'-"'
<br /> . attome+ls fees and eriW upon the p nY '� 9 S �� �f�f�� ��r` + ' .
<br /> � the loan sea�ed°�Y the Deed of Tmst,Bonower shatl pay the pre�sria�na ruquired to maintaln such in�e+ince i�eftmu�:unt•• ,� `• � ,,-1 r '.
<br /> such time as tt�z:`eQul�emem Tor such insurance terminates in eccordazsc:a��o�th Borrowe�s and lenders wd�taa��i�srr�amt• �t�`�,�,:'_�,��� :!"���X�,
<br /> ar eOP��ca618 taar. Borrower shatl ppp che amount�f aU monQag�s tnsu�ance premiums in the manner pecLVidriSi+utdttr• .��, �t,�,�,` :'�,�_
<br /> � �s3graph 2 heteof. .
<br /> � Any 2rna�n2s disb�rsed by Lendor Rursuant tn this pa�agraph 7, with intereseeto other tearms a paS+m�stisuch �i�a1 � 1; .. _
<br /> � •�r.3r-.htedn�nY:Eortower secured by 4his Dcsed ot Tn�st. Unless Bnrtawer and Lendar ag � �. : ,_;:s-
<br /> ' a,T..QUntr�si�utll•Ibcs Dayabie upon notice from I.enaer to Borrower raque.ting payment hsreof,and shztl basr interost?rom the r �_,,,,,.`,ti,,. ��
<br /> t � �
<br /> t4nt�of disbus'G�ment ai tRa►ate payaf�to irom tima to Ume an cut�tand'rtg pdncipal unAer tho Note untess p�lrment of irRerest ___,___.�, ;�;
<br /> � � ut auch rate wauld be contrary to app��nnille law, in wttich event suth amuunt9 Shall b0ar irR��ast u4 the h}ghest t8te ,,���''"�t:,s,� `',:.
<br /> � � (tatttissibte under apD�«bte law. Nothinp cartteineQ in tfils paragrepfi 7 shall require LenQer to is�GUr eny oa���se or take ��l�y �, ��,•,' Y:.
<br /> � uny ectian he�eunder. "`..<�;r;�..�;.,,' ,j.,�--
<br />' 0, fnr;s8�2Son. Lender may ma'ce or cause t�a be mado reasonabts entries upon en0 inspections ot tho Propert�,provided , �,"
<br />� � tAEt Lendnr shaU givo Sorrower naticc�p�tar to an�such insp�ction speeitying reasonable cause th9refore re1stesd to I.Qndera !::;1s;j:;;i+`:;.;;,,.:
<br /> c
<br /> � inierest in thu I?ropertY• �r�..`~�.,�'.,.�,�;��..
<br /> ' g, �WUi�nna4turf. The proCeeds ot any awa tt,��04 or for conve9van e�in t eu o!condemnp4ion,are Aereby AssigneA •
<br /> � .._� COi1f�En1fGI#iOn vt viiiBP taitiilg i'•!i!'�::gt0�1..�'LL.fl ,�8 .'-4- ..rG'.-.,•.,.—. .
<br /> � and shall be paid to Lender. •^����-�+�=�•�••�:- •
<br /> � • - _� •
<br /> � cc�oa�te�s�� � • - •.r���-, .-_-
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