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be Owl .Zts"aa
<br />!""muter' COYrNANII Honowcl .uul Lcmicl ",cn.,111 ..rid . : ^:r. .., tollow'I..
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<br />Payment of Principal and Interest. B,111 1, ::. •.h.,ll ncoatluh p::, %Own duc 111, i,l:n,lpal .,t :uul u:lrlc,; ". tl,r
<br />rltdchledne,s ccldenced by the Note. pfcpayment and Lilt cl;argc, ,,, Iti. , :silt I a, till- Nolc..uul the Ilan; 111.11 of and nodrest
<br />4111 and lllhue AJ%alIccs ,et k I'd 1a IhI, Decd t l 1 u,f ,
<br />2. Fwwt1► itr Tam aril ln►wfraece. Subic. n It' npph'.ddv 1 I" I , to ! ,crutvn w over by !.ender, Borrower shall pay
<br />t„ I culler on rite d I) nunthh in,tallmcnt, a{ pno,!!tail .rid ntel, tan p.I) /hit Idcr flit: Nall-. until the Nun• 1, pail III It
<br />a sum therein ••Funds'•I equal tit one- ltve]tih of lite Scarf! I,I�s, .Ind a „e „nlehl, whl.h n1.Iy roam; pnorilit over 'fits
<br />I)eed of lira. and ground rents on the Iroperty• Il any. I,lu, one ,,cIllh oI SeajjN prt•nulrn, wstullmenlS for has :H tl land 11 111
<br />plus arlc- iwchih of yearly prenkiuni installnxmh fur nn,rigagv fn,,il.mcc. it .111% .,1; ,!, rcasonaill) csuniateti 11tiu:dly and 0um
<br />time to lime by I coder on the hall, ul a,xes,ntenl, and fill], and rc :ni'nahle c,uni.ac, Ihcreol It
<br />Ihc funds shall he held in an inslittitinn the dcpu,u, Ill aec;nuu•, (11 which ;nr ut,urcd rot cual.uuecit h” a Pc.lcl:d is
<br />,late Agency (Including Lender if Lender i, rich an I"'a Itabu1. I ender Shall apjily fhc Fund, I, I'J% Said to "' - l„L,1llle'nli.
<br />m,inance prentiunt, and ground rents. Lender may not ,hargr for So holding and applying the Fund,. aurdtnng , lid aCt:uunl
<br />tit wrdviog and compiling Said asscssnlcnls and hills. I IV l coil •! put', B11rrineer uucrc,l au (he Fond, and applicable law
<br />1,kerninS 1 ender to make Such it charge. IlinIo%ci and 1 cliff,-, nln agree tit wrntllg at the time tit e,c.utlon of Ib„
<br />Iked tl! Trust that inicreit ill the Ftu»Is ,ball he paid to Bur„•• i and un1eS, ,it'll O'1ccn,enr "made or apphcahic law
<br />require, ,itch interest u, he paid. Lender shall nol hr nryutrcd ;,, p,n t4 ,rnlwr! .tin noels,! of earning, n» the Fund, I.code'
<br />.hall give to Borower, without charge, au annual aaconntule tr the f 11nd, ,fn n, Inv credit, and dchn, to the F r ms and Ihc
<br />purpose for which each debit tit the Funds was made. 'I he Funds cur pledged as additional sit urity for the sums secured
<br />by this Decd at I I'115I.
<br />If the amount :d the Fmid, held by Lender. It,gedrer Icitl, till- Iu»1rc moulhlc ul,tallnunl, ill Funif, pacahlc Prior to
<br />the duke dates of tale,. a„rsntau,, nnurinlce pien[innr, .ind ground Icnis• ,11,11 ry :ccd file amount icgmicd It, pay said tales.
<br />a,set,menl,. insurance prcnt,unr, and ground Icitt, ,I, Ili,% I.,II duc, ,oafs rote„ -.hall he al Borrower's option, either
<br />promptly repaid III Horruw :i of credncd I,. Borrow, on month!, :n,l :dlntcul, ,,, Lund, It Ihc amount of the fund,
<br />held hS Lcndcr ,hall not he sufficient 10 I'ety I,I,.c,. a„c „nlcul, In,nr.ln,e pr rimaii, auld !round !cols :„ IhcS tall dun.
<br />Born+wcr shall pay to LendtT any amounl nc :cssary m Inllkc 111, the dchclen:., auh!n 10 ii.•, Irons the .title notl :e i, n»uled
<br />by Lender to Borrower requesting payment thcrcul.
<br />Upon paytncnl in lull Ill all sums seeurctl h•. It,!, I)el•d of l IHIL I rode! ,it•III prompllt !stood to Borrower .ki„ Funtl,
<br />held by Lender. It under paragraph IS hcrcuf the ]''opens I, ,old tit Ihc I'ropvrf} i, olherw:,r .1- 111ucd hN, I cudcr. Lcndcr
<br />,hakl apple'. no finer than nnuncdiatciy prror 1,: the ,:dc oI Ili: I'r,qu :r1) .0 u, a.ykihn:nu by I.el),icr ::m I�Irtuls held he
<br />Lender at the time of application .n it credit agau,st tine ,till)•% secured h� Ih , 1 �' :,l ,.I I cif,'
<br />3. Applikafirlrr of Pavmcnts. lode's apph.'ahlc I.,%, provlde, other„Isc all pavtttcul, tc :r :•cd h•, I ender Miele; the
<br />Now and paragraph, I and ' hcrcuf shall he apphed hr I .oiler lint u, p•auico; .,t unlan11r p;ItailW Ill I code! he Hnnowel
<br />tinder paragraph _' itcretif• then It, intewsi pa}ahlc on lilt- Noic, lite” u, [tic lmu :,pal :h, Note . :Sul Ilion l0 lmcrest ,md
<br />principal nn any, Future .Advances.
<br />a. fhagges; Liens. Hnrio,acr ,hall p.lv all t.t,c, a „rY,ll- and . 111, r ;11:,;;x, ltr.c, laid ,!nfa,vllon•. .nlrlhulablr to
<br />the property which mail altar, a pnurny over tills Decif of 1111,1. ;old Ica,chotd payment, of promd rent,. d :my, in the
<br />planner provided under paragraph '_' heicnt ur. it Ism I' ill In ul,h n1:11u1c1 hl Bol Iuwcl 111.11,ijw Ii,ISrtle»I. whun duc. drrecth
<br />to the payee Ihetcot. Borrower shall prontplly Iorm,h to I ender ;tit 11,111Ce, of :11nomn, duc under fill% paragraph. and in the
<br />event Borrower shall ,take payment dlrectfy. BOHOIACI ,hall pl,nnpllt I11mIN11 I„ I ender ;uclpls rvidcn :ing ,itch paymenls.
<br />Borrower shall promptly discharge ant Itch ,chtuh 11:11 pllunn ""!I flu, lhe<f :II I I: ,:. prit,idcd. Ilia! fi•,uowrr • -flalt nil he
<br />reyurrcd In discharge any Such itrn ,,, Lmc a, Hu :!awcr ,h.,ll arlr u! ,Ilil!nr 1', the I,a \norm of lilt- ohl!eallon tv,:kited ht
<br />inch Itch In a manner a :ceptably It, I ender. or ,hall n pwLl Iwlt! ;oa1c,1 , i'l Ilcn hy..n ,],•tend cnlol.enu•nl of ,nch hen In.
<br />legal proceeding, which operate to ;%IV\cnl tine eulurcerucn! ,n file iwil or ImIcuulc of the propert% nr ant par! thereof.
<br />S. hazard latwralaee. Hurinwrl ,Mali keep Ihc nitl,;:,.,mcm, nth, ca,unp ,n ilc!c,ticj c,, :!c.l au the Prr,pert% insured
<br />against loss hS fire. hazard, in,luded ikuhm tflc ternt r +tentic,t legs n.! such ,the. t ,e a i, a. I cudcr mat rcy{ur
<br />and m such amounts and tot such periods a, I colic! n,,,, reuun 1 r - ::i_d n.o Lcndcr •.hAl n 1 ,c, ;tin ihut Ihc asnounl of
<br />such coverage exceed that antuunl »t u,veregc Iegn,Ird 1,, p.r. Ifu: ,11111, ,,, elicit h•, fill, I)ra,i Ill 1 ulsl
<br />The insurance carrier pruvrdntg tits in,ulance ,hall he .hn,ri, he Itomn,cf ,uh,c,; Ill .y,pl „,..:I h•, f cndrt pnt,Idcd
<br />that such approval shall im! he unte:ISOhahly withheld All prennun,, :m u1,111.ntcc 1,nf,cic, ,hall he pool u, the manner
<br />provided under paragraph'_ hercut or. It not paid Ili ,licit manaci t„ Born,wcf "].]61119 I,ayotchl, when duc, lit” to the
<br />insurance c«rrier.
<br />All insurance polies and renewal, ]herein ,hall i , m :;,: nI .t. _rIlt.r k . I roll-! .,rid ,h.Il1 uc;i,d, : ,c11ldaid r»origage
<br />ilaose In favor of and fit ftirttl AI'i_cplaf,le In I Cntfer I cn,iet ,It,,il h.r.i Ili: ,: "till ;., 11"IJ the p,Iit: Ii, .,rid Icn,, ai. lhereol
<br />and Borrower shall promptly 1u111nh to I cndc; .III Icnvw.0 114111,L , .m,i .,II ,'.c pt, .11 11.11d lrlcn»um, In Ihc evc!u of Ili,,.
<br />Borrower shall give prompt not— lit file nuur.r,:c ,.ui,c1 ,11t,i I rntf,! leilde! 111.1, 11.1kc {loot of lo„ ,1 not ni.,dc pn,mpth
<br />by Borrower.
<br />Unless L.clidet and Borrower t,111cl wiYl :Igl l'e' In „III IIIg. ,n,tll .n,, t' l,l•'• '111, ,It.Iit tic ., i,p he's I„ Ir,{al.tl lt,n nr I'p:111 aI
<br />the Property damaged. pruvlded Such ICAOI;Iltou 'if ,cp.ur ; •' „anunt..Ilt, lr.I,lhl' .and U!, ,a..unn ,,I Ihr. Occd o1 lru,l I,
<br />not thereby impaired. It ,urh restoration In ,cl +.ur "nut c,,, "I '.l;I,, i- is!hlc ,„ ;f Ihc ,ml% of 1111, Decd of ] W I wuuid
<br />be Impared, the insurance pr,nccd•. Sllall be apphv.l 1., Ili: ,Inn, utrli 1” Ihr. I ) "d ,II I nl,l ,,III, Iii, C"' ,, It ant. hauf
<br />to Borrower. If the Property is ahandoned h) Honowrr, •n it i4.aln'.,cr I.n!, ,o Ir,p.,11d In I.rttdcl wrlhm �10 dal', Iron the
<br />date notice is mailed by Lender to Hoirower th.tt the ruurantc .artier oltct, 1" ,_•file ;, !..,tit I'll In,ulan:c henefil,. I.ender
<br />is authorized to collect and apply the insul:u,ce pio:ecd -..n I rr,dcr . optun cnher to ,.,im,,noti or repair ul the 1'roperh
<br />of to the sums secured by this Lked of Trust
<br />Uniuri Lender and Borrower otherwise agree ul "1u111g, u,� Such appl'l.Itluu ,.I Illil-ed, to principal ,hall not cvlend
<br />or postpone the due dale of the monthly installtnew, icleuctf u, oI paragraph, t and hrreul or change the anunro e,
<br />such installments. If under paragraph IS hercol the proheih I, aeyuued ht I : :ndcl, .,if itphf title and Interest nl Bnrn,wrr
<br />in and to any insurance pllhclen and Ili and io the prn,eeud, life[' III re,ullul ]rum dam.,ge to Ihc l'o'ped, pour to the ,a fl-
<br />ur acyuisifion shall pass to Lender it, the extent of the sums ,ecutcd by ]tit, Fhecni of [[Lilt Immedcrck pour to such Sall- o,
<br />acquisition.
<br />f. rraMrwrllilarr ]toad MnWersance of properl); Leawbulds: !'ondomini,ms; Planned Unit Flevelopmenls. Honowet
<br />,hall keep the Property tit good repair and ,hall nos :,nnuul wasp pclnut un1',,t oleo! of d 0.•nola0on ill Ihc Propertt
<br />and shall comply with life prot•rshms o1 any ]ease If IhIS lkt:d 'If 1 rusl n tin ,1 IeaSell""i 11 tills [)evil of l ru,r a nn a tin» Ill .,
<br />condominium or a planned unit development, Borrower ,hall pcGorin all tit Borrawcr's ohllg:uunn under the duel ;Iraunn
<br />or covenants :seating or govet'mng the condommtum tit planned inn development. the fit-laws and legulaun»s l)1 the
<br />eondominium or planned ruin duvclopmcni, and ..ousnulcnl del :omen', If ;I - ondtitnuu11m ur planned ,inn dcvcl ipounf
<br />rider is executed by Borrower and recorded together %lift tit!, Decd of I first. the e,wcnauts and agrecr„enl, of such tide,
<br />shall he incorporated into and shall amend and Supplement the of eIlant, ,,rill Igrccnicnt, nl this Deed of Irmi a, if the tlder
<br />acre a pin hereof.
<br />7. lsaNeNrw of leader's Security. if Burrower last% III pcllornl tire eo,cnanis and agreement'. conutlncd Ill this
<br />Deed of !'nut, at if arty action tit pr(Kxcdlttg Is c41fu,tenLed w1111h •-- IIICIIaIII, adkecls I mill-"\ Inlcn'SI In Ihc property.
<br />including. but no; limited to cnuneni donnno. insnlveucy, code .ntofecnlent, Of allanIZenfchlS or proceeding% Invulvmg ,
<br />batkrapt or decedent. then Lender at Lender's upttun, upuu ounce it, Burrower. Ina) make such aplicatance,, d:shur,e Such
<br />SUM and Irdfe such acuan as rs neccsvary III prolcia Lclnlcl Interest nrc]udntl; bun nil hnnrctl to. disburwntcot w
<br />rtaswabe alkmney's fen's and entry neon like Prtlpl:rtn to nfakc icp,ut, 11 1 ndul :c'{uued r,uutg.lgr I»,urance a, a
<br />Coadriam of making the loan secured Ili, this Decd of -I lusl, Bnrnlwel ,(1,111 f1.lt the Inennuul, re.iuucd io fn;unhun Suci,
<br />lnrifrance in effect until such time as file req Ulrenlenl Itlr ,Ilcl' 111 %III'.,nl t' Il'r 1'n1u11 r• nI d., Ul,f.tn.c N+lt1 Ifnrh,W CI', anll
<br />LerAar "s written agreement at applicable Iasi Horn'wer Shall pa, the aor,nrnt ul .oil I'mijital•r :n,uren..c plvn,nnn, o, 'fir
<br />manner provided utillor paragraph ? hereof
<br />L Any amounts duhursed by I ruder pursthint I,, fill, p I Igf,1p1i with , it , , 111 x, „nlr dd11,n IUd
<br />Indebtednrtsrf of Borrower secured t.) flu:, lived rot 'I lust I oleo H,nrl,w,r ;111,1 1 emit .,vi,t I th ,-t l I I " of l aClnent ,kill,
<br />amounts shall he payable upon ntlive Itonl Lcndcr lit fl +slop„ r ! .pu,I,nl pe, nu w fir!— I lull 11,.11 -t.. oils n•,I Iron ]fir
<br />date of diabllraament at the. rate pavabll: front Ilow it, 11111, ,II ,•u, ,lan.11n) I,I !II. rf••.1 uild„ 11” ". ”' :,ru•u IW1'1»Cnt :'I Init'IC,I
<br />at wch rate would tw ,,,nnary to apriwahic law u! 'It v;r.l ..n P. .onMi, .h.Ii; ',,ao env. !c.I at lhr highs,! ralr
<br />parmi"ji* ittrdet apphcat le law Nothing ,outewctl u, tsu p: ,.u'!.I; tl .h. :ii :. ,i.:::, ! ,..it n ,,.IU :,n, egw,mc tit take
<br />any Iwtnm Iu'ICUndef
<br />If. twapeatkm. 1 cndel mat rrr.Ikr II: tuu!It i„ hr ulad, I- .:,.. : :_,I•i. :�.. �.� : :. :��,,. ,,�, I',,m.' ,, i n.,, II
<br />that I cook,- %h:dl r"', I!' n,,h_,: ;,; to an, ,t, I, 1: n i1 ,l ,.. ! _n,h•;
<br />aotsrattla It Ihr Ptrinelf'.
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