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<br />UNIFORM COVENANTS. Borrower and Lender covenanl and agree as follows: 88_1 0 457 5
<br />1. Payment 01 Princlpa' and Inferal Borrower shall promptly pay when due the principal of and interest on the
<br />~ndye~~~~~:l~~~i~~~sC:~bJr~~e ~ya:hePD~~Tr~a;;.d late charges as provided in the Note, and the principal of and interaston
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<br />2. Fund.lorT.....nd In.ur.nce. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender
<br />on the day monthly installments 01 principal and inlerestare payable under the Nale, unlillhe Nota is paid in full, a sum (herein
<br />'.Funds") equal to one-twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust and
<br />ground rents on the Property. if any. plus one-twelfth ary'early premium installments rar hazard Insurance, plus one-twelfth or
<br />r:~~~f~~~~~"b~~rs~~~;~:~~e~~~g:cPgllil~s~~~nr:'s~:~~e a~~~~~~::~;:~61~Slimated Initially and from time to time by
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<br />The Funds shall be held in an ;nsUlutlan Ihe deposits araccaunts of which are Insured or guaranteed, by a Federal ar.tate
<br />agency (including Lender if Lender is such an Institulian). Lender shall apply the funds to pay said taxes, assessments.
<br />Insurance premiums and gro~nd rents. Lender may not charge for so holding and applying the Funds. analyzing said account
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<br />~~~~~~Lne~d~~t~O::~~~~6hI~ ~h:~::.Ek,~~:~~ ~~~SL~~~:~.~:~~~~:r~ :i~f~;::t~~~r~~gf~~:!uti~~9o'~~i:=a~'~~~
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<br />that interest on the Funds shall be paid to Borrower, and unless such agreement Is made or applicalbe law requires such
<br />Interest to be ~Bld, lender shall not be reqUired to pay Borrower any interest or earnings on the Funds. Lender shall give to
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<br />~~~~~~'::c:~egl~~~~h~~~:dS a.;~~~aadCe~T~~t~3n~~~~:~~g~:~~:~n~dftrg~~r s~~~~ fi~ m~~~~~~~~~~t~~ ::,~~t::J~~
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<br />Trust
<br />lithe amaunl allhe funds held by Lender. together with Ihe future monthly mstallmenls 01 Funds payable prior to the due
<br />dales of taJl:es. assessments, insurance premiums and ground rents. shall exceed the amount required to pay said taxes.
<br />assessments, Insurance premiums and ground rents a9 they fall due. such excess shall be. at Borrower's option, either
<br />promptly repaid to Borrower or credited to Borrower on monthly Installments of Funds If the amount 01 the Funds held by
<br />lender shall not be sufficient to pay taxes. assessments. Insurance premiums and ground renlSas they lall due. Borrower shall
<br />pay to lender an)' amoun1 necessary to make up the dellclency wl1hm 30 days from 1he date notice Is mailed by lender to
<br />Borrower reQueshng payment thereof
<br />Upon payment In full 0' allsurns secured by Ihls Deed of Trust. Lender shall promptly relund to Borrower any Funds held by
<br />Lender II under pnragmph 18 hereof 1he Property IS sold or Ihe Properly IS otherwise aCQUired by lender, Lender shall apply,
<br />no later 1han Immediately pnor 10 the sale of rhe Property or Its acquISitIon by ltlnder, and Funds held by Lender atthetimeol
<br />application as a credit agalnstlhe 5ums secured by ttllS Deed 01 T rusl
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<br />and3pa~:P:~Cp.~~Q~ :~~~'t:~:~~'S~~llle~: :ggll:~~~: ~~~d~~f~;~~n O~:~:n:l~~f.ljl ~~~~r;;~n::a~:~r~Yt~dL~~a:~g~rBo~~:~~~eu~~~~
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<br />paragrap~ 2 horeo', then 10 Interest payable on the Nole. then to tll€! JJ'lnclpal or the No1e. dnd lhen to IOterestand pTlncipalon
<br />any Future Advances.
<br />4. Ch.rg..; Uen.. Borrowers shall pB~ ai/taxes. aSSd5Slnen1.!i and olher charges. fines and ImpaslIlonsattnbutnble lathe
<br />Property which may attain a priOrity o\l'er thiS Deed 01 Trust. nnd leasehold payments or ground rents, If any, 10 the manner
<br />prOVided under parngraph 2 hereof or. II nol paid In SUct1 manner by Borrower making payment when due. directly to the
<br />~yee lhereof. Borrower sholl promplly furOlsh 10 Lender all notices 01 amounts due undolthl9 paragraph. and In the evenl
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<br />Bo~~g::~ :~IIII ":g~~lrya~~~g~,~~O~r;l:-iL~~r~~~e~ ~::~r~~~~~~~r'I:~~;Sb~ ~~~~~~~~~~~~~,v:~:t"~~~(1~~~h J:lr~~tn.;;
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<br />reqUired to dlSC~Brge any such lion 1100 .Iong as Borrower shall agree i1l wTlllnO 10 the paymenl of the obligatIon secured by SUCh
<br />hen In a manner acceptable to Lender 0' snail In good lalth conl0'31 such hen by. or delend enforcemenl 01 such lien 1n,Iegll
<br />proceedings which opefBle to prevent Ihe enforcemen1 ot Ihe lien or for1ellum ot the Property or any par1 thereol
<br />5. Hu.rd Inaur.nee. Borrower shall keep the Improvements now e.lstlng or hereafter erecled on the Property Insured
<br />agalnat loss by fire, hazards Included With," Iho torm "extended cove' age" , nnd such other hazards as Lender may require
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<br />:~~~nC~~~~R~~~~~~~~~~~~~;~n~~;I~~ef~r~~:~~~~J ~:(r :~~~~~h~r~~~:~'~~~:;dO~~~h~:D~'.;r~r~~~ that the amount 01
<br />suc~h~~~~~~~~~~~I~~~:'t::~~;~~I~~~~~l ~n:~t~a~~~ 1~\I~~:~tJm';~::'~r~rn~~~~~l~~rp~~I~~t ~~:~~~o~::~rn Lt~~d~~~~~~~r~~I~~
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<br />under paragraph 2 hereal or. II not paid III such manner. by Borrowur mnklOO pilyment when due. directly to 11'\e tosurance
<br />caTTler
<br />AlllOlurance poliCies and renewals1hereol snail be In lorm acceptable to Londer and shall mclude a standard mongage
<br />clause to lallor oland In form acceplablo to lender LandE" sholl ho\l'o the Tlgh1 to hold tho poliCies and renewals thereof. and
<br />Borrower shall promptly furOlsh 10 Lender 811 renewal notlctt& and alll~celpts at paId premIums. In the e"ent o' 10SI. Borrower
<br />shall give prompt notice 10 the Hl5UrftnCe come, and Lender lerlder mu,. make proof of loss If not made promptly by Borrower
<br />Unless Lendel and Borrower otht!'rwlS6 agree In wrlllng, Insurnnco proco6ds shall be applied 10 re5torallon 0' repair olthe
<br />Property dllmaged. proVided Such re,toratlon Of repair 15 oconomlcally feaSible and the security of thl5 Deed of Trullt IS not
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<br />:~e~:I~~~~:llr~~url~~~~~:~~::~~~B~r ~:PBa~~:~~~~ ~~~~~~:~~~~:I~e1~:sl~ScilT:~~t~~~~~hC:::C~~~,r~~tn~,o~~~d ~
<br />~:I~oe~:r ~~:ro~ ~:e:~~~ ~:k,~~o":~r ~~a~~r~:;'~~r~'n.~~~r~:~ro~~1;9 t~or::fu~n~ ~~a~::a~~~rl:'I~~",,: :~:~~~L::'~~~~:
<br />~hu~~~r~~~~~r~~e~~ ~~~ ":f~~ t~? ~~~~t~ance proctittdS at LCIlc1Br !;, up110n either to res1wuhan or repan of the Property or 10
<br />Unless Lende, and Borrower otherWise agree In wTlbng. any such appllcallon 01 proct5'eds 10 pTlnclpal shall not extend or
<br />postpone the due dale of the monthly mstallments. reterred to In pal agraphs 1 and 2 hereof or change the amount of such
<br />lOsltIllments If under pllragraph 1 B hereol the Property IS aCQulTed b.,.lBnder. all right. title and Interast of Borrower In and 10
<br />any Insurance poliCies and In and to the plOCeedS thereol resulting trom d8m8~e 10 me Propeny pnor to the sale or acquiSition
<br />shall pass to Lender to the exlent otlhe sums secured by lhlS Deed 01 Trustlmmedlstely pl10r to such sale or aCQuISition
<br />kee~ t~~~o~:~,;'~rn:~~~=.o";~ :~:I~=~~~~=~rC~~~~~~~e~:~r~t~r~~r~~~~Q~~o:nDJ :~:::
<br />~~~~~~~~h~J:~~~~~~~~:nnl ~r~b~:;'~~:~~~~~~t~~ ~~ ~~~~~~~~~ ~'~~~S8~= ~~1J~rS:~~ od;rBn~~~~ ~~n~gv~~~~~
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<br />cfeatlng or govermng the condominium or planned Unit c1.svelopmenl. the by. laws and regulations of the co~dommlum or
<br />~nned Unit development and constituent documents. If a condominium or planned Unit development flder I~ exculed by
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<br />lnr~~~cr~~~~ ~~eo~~:~"f~~~~~1 ~~I: =n~~~:~~~~~r::~~~~r~?s a8:~~~~~~~: :~~~~~d~~:~~~~ ~n~~~~~:1
<br />7. Protection of Lend..... Security. II Borr:lwer 18115 10 per10rm Ihe covenants and agreements contained III thiS Deed at
<br />~~~~Ot~l.t:~rn:~~~6~~r~~=I~Nd:. ~~::n~~~e:~hn~~~r:~~:e~~~~~~g~~;el~~~~~~II~V~~I~~o~::Xk~~~tUodrid~:J~"o~
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<br />1hen lender at lender's option, upon notice 10 Borrower. may mako such appearances. disburse such 5ums and take such
<br />actloh as IS necessary to pralect Lender's Interest ,"Clud~. bul notltmlled to, dlsbursemen~ at reasonable attorney's 'ees and
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<br />~~7>="or-r~~~~~o.r:;:~~~~ppa~~S~eL~~::::I~~u~~ur:;:~6o,;:~rn5~~~ns~~~sl~~~r~~~I~~no~r;;~:~~L~~~~; ::=eu~~l~~
<br />~~:=:~r :~r~~s:,:~~~~~r~li-:~~~~g~CI~~~~~~: ~nn~~~~~~ea:;'~~;~~~~~\I'~~e~~9~~n,;rentr~~r:rrl~:~.'aw
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<br />Any amounts dlsburHd by lender pursuant 10 thiS r.aragraPh 7, with Interest thereon, shall -Come additional
<br />Indebtedn... o' Borrower aacured by this Deed or Trust Un ass Borrower and lender agree to other terms of payment. such
<br />amountlshall be payable upon notice 'rom Lender to Borrower requesting. payment hereof, and shall bear Interest from the
<br />d.teot dllbur-semenlat the rate pavable from time to time on oulsumdlng ~T1ncIP81 unde, Ihe N018 unless pay,ment or Interest
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<br />~~~;~~~u~:~I~P';:IZa~:~8r;, t~o~~~I~C~~~~~~:~ 1~1~1~~r:~~an~hs~;ha~I~~u~~: ~:~~e~~~:n~~~~~S: eaxtp~~s~~rh,::~ ~~~
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<br />8ctlon heteundet
<br />I. ,~. Lender may make or cau"e 10 be made reasonable entTles. upon nnd Inspechons of the Property. prOVided
<br />that lander shall QI1I8 Borrowef notice pTlor loony such InspeCllon speCifYIng r08sonnble couse therefore rplntod to Lender"s
<br />In1en,s110 the Prapert..,
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