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<br />88-104821
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<br />UNIFORM COVENANTS, Borrower and Lender covonant and agree 8S follows:
<br />1. P.ym.nt or Princlpl' and Intern.. Borrower sholl promptly paY' when due the principal 01 and interest on the
<br />~nn~e~~~~~ee~~~~~~~;~:Jr~e ~yO:~eP=gfBf'r~~d late charges as provided in the Note, Ilnd tho prlnc/plWl of and l"teraSlon
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<br />on I~e ~~~':~:I~:~:I:~~~~r:,~~rn~~~\~C~~~~~~~~r:': b~~~~,~ :n~~~rhne ~~r:.rubJ;I~~hned~~t~~r~~~~~ru~l~ ~~~~ ~~r~fri
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<br />"Funds") equal to one-twelNh at the yearly taxes and assessments which may attain priority over this Deed of Trust, and
<br />ground rents on lhe Proporty, if any, plus one-twelfth at yearly premium Installments for hazard Insurance, plus one-twelfth of
<br />yearly premium installments lor mortgage insurance. If any'. all as reasonably estimated Initially and 'rom time to time by
<br />Lendar on the basis 01 assessments and bills and reasonabfe estimates thereol.
<br />The Funds shall be held In an institution thedeposlts or accounts of which are Insured orguaranleed, by B Federal or state
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<br />~ngs~~i~J~g:~~~~ie:n~e~ri~~:~~:~~~ LS~;~8~~~~S~~~~~~~g~~~~:~ ~~~In~~~~ ~hpepr~I~~~~~ f~Xl::~n~'~~~ga:,~s:~~~~i
<br />~:~~~L"e~~~~ l~o::~~~~~~ ~~=~~:.B~~~:~~ :~~l~~13;~:~~~~r~ ~~f~;::t~~~f~~gr~~::U~I~~SO'~~:Ff~ag,":~:';
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<br />thai interest on the Funds shall be paid to Borrower, and unless such agreement is made or appllcalbe law requires such
<br />Inlerest 10 be ~aid, Lender shall not be required (0 pay Borrower any inleresl or earnings on the Funds. Lender shall give to
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<br />:~~~":,~c;~egi~~;rha~J';jnadS ~;~~aadc;Th~tW9n~~~~: ~~~~:~~~3dftr~~~~ s~c~~~ i~~ :g~~~~~ns~~~~t~~ ~~~Prf::J~~
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<br />Trust
<br />If the amount of 1he funds held by Lender, together with the fulure monthly inslallments of Funds payable prior to the due
<br />dales 01 takes, assessments, Insurance premiums and ground rents, shall exceed the amount required to pay said taxes.
<br />assessments. msurance premiums ~nd ground rents as lhey fall due, such excess shall be. at Borrower's option, either
<br />promptly repaid to Borrower or credited to Borrower on monlhly Installments of Funds. If the amount 01 the Funds held by
<br />Lender shall not be sufficient to pay la..as, assessments, In~urance p.remlums and ground rents as they fall due. Borrowershall
<br />pay to Lender 8n~ amount necessary to make up Ihe defiCiency WIthin 30 days from the date noUce Is mailed by Lender to
<br />Borrower requesting payment thereof
<br />Upon payment m full of all sums secured by thiS Deed 01 Trusl, Lender shall promptly relund to Borrower any Funds held by
<br />Lender. II under paragraph' 8 hereol the Property IS sold or the Property IS otherWise aCQUired by Lender, Lender shall apply,
<br />no I~ter than Immedlalely prior to the sale of Ihe Property or lis aCQUlsltaO. n by Lender, and Funds held by Lender at the time of
<br />apphcatlon as a credit agaInst the sums secured by thIS Deed 01 Trust
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<br />and3pa~P:~pa~~or :~:~Yh':~:~~~~~llle~: :ggllll~~~: ~~~i:~f~~~:7n o~~:~~~iof~~~~~~n~~~:bf~~~t~~~:~g:rB~~~~~~~eu~~~~
<br />paragrap~ 2 hereol,lhen to Interesl payable on the Note. then to the pflnclpal 01 the Note. and then to Interest and principal on
<br />any Future Advances.
<br />.. Ch.rg..; U.n.. Borrowers shall pay all ta.-es. assessments and other charges,lines and imposlti~ns a<<ributableto the
<br />Property which may attaIn a priOrity over thiS Deed of Trust. and leasehold payments or ground renls. II any, in the manner
<br />provided under paragraph 2 hereof or, it nol paId In such manner. by Borrower making paymenl. when due. directly to the
<br />~yee thereol. Borrower shall pr~mpUy furnish 10 Lender nil notIces 01 amounts due under this paragraph. Bnd In the event
<br />Bo~~~::~ :~:N ":g~~fya~~~~~r~~e~~I:'II:~r~~~Ceh ::~:~rf~~~f:J~~r'~~~s8~d ~~1~~~;~~~:Jf~~.v1i~:t"~~~0~Ue~hs~:lr~~t":;;
<br />required to dlSC~arge any such lien so long as Borrower shall agree In writing 10 the payment of the obligation secured bysuch
<br />lien In a manner acceptable to Lender, or shall 10 good faith contest such hen by, or defend entorcementof such lien in, legal
<br />proceedings which operate 10 prevent the enforcement of the lien or 10rfSlture ollhe Property or any part thereol.
<br />5. Hez.rd Inaur.ncI, Borrower shall keep the Improvements now eXI!!ItlOg or herea"er erected on the Property insured
<br />againslloss by fire. hazards Included Wlthm the term "e.-tended cOllerage", Bnd such other hazards as Lender may require
<br />:~~~nC~~~~B~:~~~~nt~~~~~;~n~~~I~~~:r~~:~~~~:J :g~~~~h~r~~~:~.~~~:;;~~~~~h8~,;r~~~~ that the amount 01
<br />suc~h~~~~~~~~~~:lf~~:~~~~~~~~nt=~I~n~~I~a;~~ srl~~~ee';I~~seg~rn~~~~~~:rp~~~~~t ~~g~g~o~::~rnLI~~d~~~~~~~r~'I~he~
<br />under paragraph 2 hercol or. II not paid In such monner. by Borrower making payment, when due. directly to the Insurance
<br />carrier
<br />cla~~~~~:~;~' ~~I~Ct~fo~~d ;~~:~:~~~~r~~~J:~I~~~~~:~~~lr~~~~~~~I~~~~~n~~~ ~h~ P~~~I~sc~~~er::~::~~~:P.:~~
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<br />Borrower shall promptly turnl5;h to Lendor all renewal notlccssnd all receipts of paid premiums. In the event ot loss. Borrower
<br />sholl give prompt notice 10 the IOsurance cafner nnd Lender Lender OlDY make proof 011055 If not made prompUy by Borrower
<br />Unless Lender and Borrower otherWISE:> agreE" In wfltlng,lnsurance procoeds shall be applied to restoration or repair of the
<br />Property damaged, prOVided suc~ restoration or repair IS economically.fEmslble and tho security 01 this Deed 01 Trust Is not
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<br />:~~:I~~~~:llr::~;~~~;~~~~::~I~~a~r ~Pa~~:~~~~ ~~~~~~~:~~~~:dl~~et~l~ 1~~s~FT;~~t.o~~r~~h~e:~~~r~~tn~~~~?d ~~
<br />~~~o:.:r ~~:red ~r;E:~~~ ~~?~n::r ~~a~h~in~r~ro;nib~~r~:~ro~~I;s t~or::g~n~ ~~a~~~~~~~i~~~nn: g:~~:i~~L~hn~~~~:
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<br />~hu~hs~r~~ s:~~e~~ ~~~ ~~ t~feT~~~~ance proceeds al Lendo(s uptlon ellhclto restufullOn or repair of the Property or to
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<br />Unless Lender and Borrower otherwise agree In wrlung, any such application ot proceeds to pnnclpal shall not extend or
<br />postpone the due dale of the monUlly Installments referred to In paragraphs 1 and 2 hereol or change the amount ot such
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<br />~:~~~~~~c~ ~~&~i~~~r~9r~~~d ~cit~~e~:~~::~~e~~ ~e~~~;:;; f~ci~d~C:;~~~~~Ig,het.~~~ep:~ ~nr~~~~t~~ ::~Oo~:~~urs~8~~
<br />shall pass to Lender to the e..tent of the sums secured by thiS Deed 01 Trust Immediately pnor 10 such sale or acqUisition.
<br />kee~ t~~.t:orYa~~n.~~:~~~~.:;::~:~~~~;;~~.::~:~r~:~~t~~I:~~:~r~r:t~~~tr~3~~~r:;::;,~~~~0:n"J:~:::
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<br />comply wilh t~ provisions of any lease if this Deed of Trusl is on a leaseho~.lllhiS Deed 01 Trust is on a unit In a condominium
<br />Of a planned Unit developmenl Borrower shall perform all 01 Borrower's obligations under th.e declaration or covenants
<br />creating or .governlng the condominium or planned unit development. the by~laws and regulations of the condominium or
<br />~nned Unit development and constituent documenls. II a condomimum or planned unit development rider IS excuted by
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<br />tnt~r~~:~~~~ ~~C~~~~~o~:~~~~:~t~t ~I: ~=n~~T:~~~~~r:~~~t~t~rt~?s a8=~f~~~: :~fr~~~~~:~~~~: ~n~~:rri;~~~
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<br />7. Protection ~ Lender'1 &.curtty. II Borrower taUs 10 perform the covenants and agreements contained in this Deed 01
<br />Trust. or if any action or proceeding 15 commenced With matenally affects Lender's mterest In the Property, including but nol
<br />limited to, emlnenl domalO.lnsolvency. code enforcement or arrangements or proceedings involving a bankrupl or decedent
<br />then Lender al Lender's option. upon notice to Borrower, may make such appearances, disburse such !!Iums and laite such
<br />action aSls necessary to protect Lender'SlnlereS1.lnClu~~. but not limited to, dlsbursementol reasonableal1orney's fees and
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<br />~hn~rc~~h:r~~~~~~a:~~~ppa~~s~~~~::~~~~urr:yg~~rn~~~ns~~~si~~~r~~~i~?nO~W:::~~mes~~~ ::ceu~~I~~
<br />~g~~?{ ~:~~~u:.~~~~ ~r;li~~~~~CI~~~~:~~ ~~~~~~:~:~~~~~:~~y'fJ~e~~a~~~::.ntr~~':f~~:~.law
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<br />Any amount. dilbursed by Lender pursuant to this r.aragraPh 7, With interest thereon, shall gecomo additional
<br />mdebtedneaaof Bonower secured by this Deed of Trusl Un ess Borrower and Lender agreeto other terms of payment. such
<br />amounts sha.1I be payable upon notice Irom Lender to Borrower requesting payment hereof, and shall beDr Interest tram the
<br />daleol dllbursementatthe rate ply.bl8 horn lime to time on outstanding ~rlnCIPIlI under the Note unless payment 01 Interest
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<br />:':~f~I~~~eu~3~rl:pt;l~o~~~a'll~o~~~~c:~~'ia~~:c,:~ l~l~i~~r:~~B~h5j~ha~I~~~U~~~ ~~~~e~~~~n~~~~~~ ea:p:~s:~rh~~~ ~~~
<br />acbon hereunder
<br />th.~~~~~,,~n~:rr;:~f~';,i~~fp;~o~: ~~~~~~~~~~:~~~~~~e~~:~ll~~ ~:~oa:a~:~ia~~I~~~~rO~t~: ~;Ir:::~'O ~~~y~~~.~
<br />IntefMt In the Property
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