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<br />88- 105843
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<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment 01 Principal and InteresL Borrower shall promptly pay when due the principal of and inlerest on the
<br />~nndye~~~~~:~~~~i~~~;:~~Jr~de ~yO:~ePo:':l~~n~~~d late charges as provided In the Note, and the principal at and i"tereston
<br />2. Fundi forTlxBllnd Inlurance. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender
<br />on the day monthly installments of principal Bnd interest are payable under the Nole. until tile Note Is paid in full. 89um (herein
<br />"Funds") equal to one-twelfth of the yearly taxes and assessments which may attain priority over this Deed of Truet, and
<br />ground rents on the Property, it any, plus one-twelfth of yearly premium installments for hazard Insurance,plus one-twelfth of
<br />yearly premium installments for mortgage Insurance, If any, all as reasonably estimated Initially and from time to time by
<br />Lender on the basis of assessments andbllls and reasonable estimates thereof.
<br />The Funds shall beheld In an institution thedeposits oraccounts of which are insured or guaranteed, bya Federal or state
<br />fngs~~~J~ng~~~~~;~"n~e~r~~~~~:~~~ ~euncSe~~~~s~~~~~~~g~~~~:~ ~~~:n~:~~ ~pepr~i~~s~~ f~Xd~~n~:1~9a::l~s:~~~t~t
<br />g~~~~~~~~~~~t~o:~~~~~~i~ ~~:~::.~~~;:'~~~ ~~~s~~~:~ ~:~~~~~:y~ :~l~r~;::t~~~r~~ gre~~~I~~sO,~~:~~a~fl~:~~
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<br />that interest on the Funds shall be paid to Borrower. and unless such agreement is made or appllcalbe law reQuires such
<br />Interest to be hald, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to
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<br />~~~~~~~~~~tegi~~gr~~~~nad's ~~~~aaJ;~~~W8n~~~~:~~~~:~~:~3dft~~~~~ ~~~~~ fi~~ :h~~~~~nS~~~~~dt~~ ~~~~::J~f
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<br />Trust
<br />If the amount of the funds held by Lender. together with the future monthly installments of Funds payable prior to the due
<br />dates of taxes. assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes.
<br />assessments, insurance premiums and ground rents as 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 of the Funds held by
<br />Lender shall not be sufficient to pay taxes, assessments. insurance premiums and ground rents as they fall due. Borrower shall
<br />pay to lender any amount necessary to make up the deficiency wilhin 30 days from the date notice Is mailed by Lender to
<br />Borrower requesting payment thereof.
<br />Upon payment in full of all sums secured by this Deed of Trust. Lender shall promptly refund to Borrower any Funds held by
<br />Lender. It under paragraph 18 hereof the Property is sold orthe Prope~ is otherwise acquired by Lender, Lender shall apply,
<br />no lalerthan immediately prior to the sale of the Property or Its acquisitIon by Lender, and Funds held by Lender at the lIme of
<br />application as a credit against the sums secured by this Deed of Trust
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<br />anlpa~:P:~~I~~or :~~~y~~~~~g~llle;: :~gU;~~; L~~tf~~~~~ITn o~~~~~ror~~~~~n~~;:~f~Vt~t~~~:~g~r~~~~~~~~~~~~
<br />paragrap~ 2 hereof. then to Interest payable on the Note, then to the principal of the Note, and then to interest and principal on
<br />any Future Advances.
<br />4. Chlrgnj Llenl. Borrowers shall pay all taxes, assessments and other charges. fines and Impositions attributable to the
<br />Property wlilch may attain a priority over this Deed of Trust, and leasehold payments or ground rents, if any, in the manner
<br />provided under paragraph 2 hereof or, If not paid in such manner, by Borrower making payment, when due, directly to the
<br />~ayee thereat. Borrower shall promptly furnish to Lender all notices of amounts due under this paragraph, and in the event
<br />B~~~~::~ :~:IIII ~~~~trya~~~g~~~e~~I:'II:~r~<:.%~ ~~:~rr~~~~t~~:~hr~s8e~od ~~r;.~~~~~~~~~~,v:~:t"~~~o:..ue~hsg:IY'::~r:;
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<br />required to dlsC~arge any such lien so long as Borrowershall agree in writing to the payment of the obligation secured by such
<br />lien in a manner acceptable to Lender. or shall In good faith contest such lien by. or defend entorcement of such lien in. legal
<br />proceedings which operate to prevent the enforcement of the lien or 10rleilure of the Property or any part thereot.
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<br />aga~ns~r~;~~~:~~~~~:r~~r~~~~~~h:I~~I~~~~ht::~~,~o)(~:~J~tsc~~=r:~~~~~~~~~~~~rhe~re~:~~~~~~~'L:~J~~~%I~eS:~~~
<br />:~~~nc~~~~~~~~~~~e~nt~~~~~u;~n~~fi~g~:r~~:~~e~rr:J :~~~~~h~r~~~:~~~:i3~~~~~:~~~3'ci,e~~~~~ that the amount at
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<br />This insurance carrier providing the insurance s~all be chosen by Borrower subject to approval by Lender. provided, that
<br />such approval shall not be unreasonably withheld. All premiums on Insurance policies shall be paid In the manner provided
<br />under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the Insurance
<br />carrier.
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<br />cla~~~r~~~~~;~I~~I~~~fo~~d:~g::~~~~~r~~~~~~ll~~~~:~h~1r~;~g~~~'~~~h~n~~d ~g~ s~~~I~Sc~~~er:~~:~:~:;:~gP':~~
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<br />Borrower shall promptly lurnish to Lender all renewal notices and all receipts of paid premrums, In the event of loss. Borrower
<br />shall give promcEtnollceto the Insurance carrier and Lender. Lender may make proof of loss ifnot made promptly by Borrower.
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<br />pro~~~~~~nage::~~:V~:{~dw:~g~~:~~~::J'~~~ l;e~~\~rsgel~g~~r;;;I~:ff;~~:i1~f:~~~ ~~eaf~i~~~O 07r~~rw~~ 06t~~~~f~ ~o~
<br />thereby imRalred. It such restoration or repair Is not economically feasible or if the security 01 this Deed of Trust would be
<br />=~~~;.t If ~~~s~~~n;:;;r~;~:~~~~~ ~e w:fr~~~~~, ~~ir~~~:;~t~~~rot~~~~~:3 t~ [~~~i~~rth~ne :~~:~~' :~r~ntfea~~~~
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<br />nollce Is mailed by render to Borrower t~at the insurance carrier offers to settle a claim for Insurance benefits, Lender is
<br />fhu~hs~~:~~~e~~ ~~rs cw:~~ t~r i~~~iance proceeds at Lender's option either to restoration or repair of the Property or to
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<br />pos~~~~s ~:n:ue: ~~~ Bo~r:~::n~~\~f:r~:~~~:~t~n r~f~t:~id ~~y~~~~:~~g~:t~o~~~ ~r~;~:~r ~~ g{,~;~a~~~:~~t~x~~~gh
<br />mstallments.1I under para9raph 18 hereof the profterty Is acquired by ~ender, all rlH,ht, title and Interest of Borrower in and to
<br />:~~I\n~~Sr:~gt~~~;~et~~~e I~x~~~t tgftr~t~~~ese::c~~~o~:~r~t~~o67 ~~~~r~~~d~r~I~Pp~~r ~~~~tg~hs':tr:~ro:~~~~13~~n
<br />kee~ t~~et~orv:~~nll~~:~~~:rrl:;::~:~~~~~~~~.:::::~r~~~~~:r~I~~~:~r~r~t~r?~tr~tT~~'~rt~:~~~~~O:n8J:~:I:
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<br />comply with t~e provisiol1sof any lease itthis Deed 01 Trust Is on a leasehofd.lfthls Deed ofTrust Ison a unltin a condominium
<br />or a planned unit development, Borrower shall perlorm all of Borrower's obligations under the declaration or covenants
<br />creating or governing the condominium or planned unit development, the by-laws and regulations of the condominium or
<br />~Iannea unit development. and constituent documents. If B condominium or planned unit aevelopment rider is excuted by
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<br />in~~r~~3~~~I~ ~~eori~~~~og~~~T~:~~t \~: ~;:~n~~~~~td1~~r;~~~~~t~;t~fs a8~~~r~~~~; :~ff~h~~d:~~~~: ~n~~:rhe~~~~
<br />7. Protection 01 Lender'. Securit)'.lf Borrower lails to perform the covenants and agreements contained In this Deed 01
<br />~~r~Ot~~fea~rn~~~~~~~fri~~:~~~~~, ~~~::~~~e~~nrg:e;r':'~Wg~ff:;~ti~~g~6~~~~~~~~t i~V~I~I~~Of~~k~~ltU~~~~~~~~
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<br />then Lender at Lender's option. upon notice to Borrower, may make such appearances, disburse such sums and take such
<br />action as is necessary to protect Lender's interest, inclu~, but notUmlted to, disbursement of reasonable attorney's fees and
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<br />~~~'b~~~~\h~r~~~.p~~~~~~~~~nP:~~St~i~~:~~~~~equ~:~~g:~rns:r~nS~~~si~~~~~I~ig~nO~W:~:~~m~~~~ ~~U~~dt~~
<br />rBquiremenl for such insurance terminates In accordance with aorrower'sand Lender's written ag,reement or ap~1icalbe law.
<br />Bo~~~e~~~~r:Ydl~~u~~3ntiyot~~:r~rt8~~s~~~tu~~nfh~fe~~u~:pi~ ~e ~::,nr~[e~~~:l~e:~;n.e~~~~ag~~~e h:ddfJonal
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<br />indebtedness at Borrower secured by this Deed of Trust Unfess ~rrowerand Lender agree to other terms of payment, such
<br />amounts shall be payable upon notice tram Lender to Borrower requesting payment hereof. and shall bear interest tram the
<br />date at disbursementat the rate paYBblefrom time to time on outstanding ~rlncfpal under the Nole unless PBYimentof Interest
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<br />~~~~fs~lb~~Bu~3~;~p~Ylccaob~:rB~.t~0~~~~c~~~~~~:d l~ t~i~i~~r:~~;~hs~~h8~';'eOqUu~~ r~~~e~~~rn~~~~~~ :~p~~~~~:~~ raa~~
<br />acllon hereunder.
<br />tha~L~~~~:lrg~~ng~~r'(~::~~~rc~rp~fo~~~ ~n~~~~4~~~:~~~~~~:C~~i~~ ~~~~o~~~:~~~~~I~~g~~f~: ~~~~:gro L~c:,vJ~~,~
<br />Interest in the Property.
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