86'15
<br />sr and awing sot follows:
<br />1 prawnpesy pY rrltan rfue'iae principal of and ltnerest on the
<br />rte ptmvrdad' im the Nora. trend' the prinesplaY of and biMresr
<br />)",or to a written waiver by Leader, sdrrower !1 M par
<br />isaerest we paynblc tinder the Nose, nand the Note is paid in Ink
<br />SW Isom md.aeiswmerM 'Which' nNr'avain p 40F1AY -over This
<br />ge�trtbM Lender w ttaaha stnodi.a 'beige: ,Bartnwar ant lender no wee in writing at the time execution °" of dk%
<br />fised'ef 71emw ikon htfaew ore the Fends shall'be }aid`fe loreow". and UMess inch agreement is mantle iar applictoik law
<br />slip-, suiln iwleeist b lit paid. Lander alipli !wt be required to porY'Borrower any interest or carnm4s on the Funds. Lo rider
<br />andt;Nva M'lorrwer, arithont±fittfe: an numW accoansing of the Funds showier credos and debits to -the Funds and the
<br />fir w* * qeb am to ibe' umde was Iwadt. Tile Rmtt4 air pkdpad as additional security for the sums secured
<br />rj Ous Died of TMIL
<br />ill the taigrartI of the'Fttmi hold by Leader, toBNher with 'the future monthly installments of Frmds payable prior to
<br />psi du- 'estr .1 wars, atsemnsants istaorarsce prwnirsms and BrwMtd rertfs, shall exceed the amount required in ray said laws.
<br />almonowitrAk, itrwSam sad ;r[nts as they, fall due. such excess shall be. at Borrower's option.: either
<br />repari'to lorrower or etedmed to,lorrvavr'on mantliiy ins alMients of Funds. if the aniotmt of the Funds
<br />Lststlar ttlrafl not be ft, to Pay = loos aaessmants, insurance premiums and grwmd rants as they fait due:
<br />Bartvwes shall Vey to Leader q sty amount maces ary so make up the deBciemcy within 30 days from the due notice is mailed
<br />by Leader so Seasoner payanwA .
<br />Upua p-jasanl in full of ag,rasus secured by this Deed of Tent. fender shall promptly refund to Borrower any Ft ..Js
<br />lied by Ltwdea w. If under pacagrloph It heteol the Property is sold or the Property is aherwue acquired by f ender. Lender
<br />tthlal apply an lamer tblan immediafely prior to the sale of the Property or its acquianton by Lender. any Funds held by
<br />t�mdar at the singe of n a credit against the sums secured by this Deed of Trust.
<br />& A"plosodea of Unless applicable law provides otherwise, all payments received by Lender under the
<br />Noft and pararapl�s I 2 hereof shall be by Lender first in Pa t of amounts payable it, Lender by Borrower
<br />under paagraph 2 ht eo , then to inseresl pa�k on the Note, then to the principal of the Nola. and then to interest and
<br />pi 'on now Future Advances.
<br />4. Chnages; Una Borrower shale pay all taxes. assessments and other charges, fins and impositions atnrihittable to
<br />ene:Trepaaty rihieb array attain a priority over this Deed of Treat, and lew-ehold payments or ground rents, if any. in the
<br />tw�mnrpswvsdii omniar __mph 2 based err, if not paid in such manner, by Borrower making payment, when due, directly
<br />toot ppasyyaxe tlsweof. loriower shall apily furnish to Lender all notices of amounts due under this paragraph, and in the
<br />opamt Bereown ahalh Mae payment toy. Borrower shall promptly furnish to Lender receipts evidencing such pay"""s
<br />t
<br />Borrower "psonnpely discharpt any lien which has priority over this Med of Trust; provided, that fkxrower %hail not he
<br />reed so dmclwge my such hen so king as Borrower shot agree in writing to the payment of the oblrgaw-n secured b%
<br />such ilea in a mummer acceptable to Lendu, or shad in good faith contest srch lien by. or defend cnfoicernnt of such lien m.
<br />tgal pencttNim whidf operate to prevent the enforcement of the lien or forfeiture of the Property or any pan thereof
<br />s
<br />! lLanand Lsuna�te. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />against ion by fire, hazards included within the term "extended covers and arch other hazards as t.ender may tequ.rc
<br />Lender t
<br />atnd is such maanra and for such periods as Lender may require; provided, that shall not require that the amount o
<br />z.
<br />sods cowerye exceed that amount of coverage required to pay the sums secured by this Decd of Trust
<br />The insurance easier providing the insurance shall be chosen by Borrower subject to approval by I ender; provided.
<br />slit pdt omI �q not be unreasonably withheld. All premiums on insurance policies shall he paid in the manner
<br />�eov Wild under porargnpb 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the
<br />tmanralace orriar.
<br />AB insurance policies and renewals thereof shall be in form acceptable to t ender and shalt include a standard mortgage
<br />�*'
<br />clause in favor of and in form acceptable to Lender. Lender shall have the right to hold the policies and rcnew.ils thereof.
<br />road Borrower shall promnpdy furnish to Lender all renewal notices and all receipts of paid premorm% In the event of lots.
<br />Borrower shag give prompt notice to the insurance carrier and Lender. Lender may male proof of loss if not made promptly
<br />by Borrower.
<br />Unless Lend" std Borrower otherwise agree in writing, insurance proceeds %hail be applied to restoration or repair of
<br />the Property damaged, provided such restoration or repair is economically feasible and the security of this faced of Trust n
<br />not thereby intpausd. If such m rsiorat" or repair is not economically fwsrble or of the security u( the% Deed r,f Trust would
<br />be implanted, the insurance proceeds shah be applied to the sums secured by this Decd of Trust, with the emcee %, if any, paid
<br />to Ba.trower. If the Property is abandoned by Borrower, or if Borrower fail% to respond to Lender within M days from the
<br />doe incise is mmikd by lender to Borrower that the insurance carrier offers so settle a alum for insurance benefit, Iznder
<br />;
<br />is suthoneed to collect sad apply the insurance proceeds at Lender's option either to restoration or repair of the Property
<br />or to the toms secured fry this Deed of Trent.
<br />Umnlless Leader and Borrower otherwise agree in writing, any such applicauom of proceeds to prsoc.pal shall riot extend
<br />or poepone tht fife deft of the montMy imr:3 ments referred to in i aragrsphs I and ? hereof or change the amount of
<br />such rnsliilmetrs. If under paragraph IN hereof the Property is acquired by Lender, all right, title and interest of Borrower
<br />in and o any insurance policies and in and to the proceeds thereof resulting from damage to the Property prior to the sale
<br />or acquisition shill pass to lender to she extent of the awns secured by ibis Deed of Trust immediately prior to such sale or
<br />lrnarva0ao clad iNW afanawce of Properly. LeowboW Co dwalolimag Planned Unk Develsp seas. Borrower
<br />•hap keep the Property in good repast and shah nut commit waste ur permit impairment or deteritwata+n M the Property
<br />sad duff comply, with doe provisions of any lease if this Deed of Trust is on a leasehold. if this Deed of Trust is on a unit in a
<br />C. A, imiwm or a platmsad unit develop. mem. Borrower shad pedorm all of Borrower's obligations under the declaration
<br />or covenlarb crpttng or governing she comdomoisaum or planned emit development, the by -laws and regulations of the
<br />eendominwm or plammtd oat develapnrcm, and cwwnuent dfoco rnents. If a condominium or planted unit development
<br />rider is eaeeufed by Borrower and recorded togelhar wish this Deed of Trust, the covenants and agreements of such rider
<br />she# he incorporated iao sad sh ll amend and srppkmem the covenants and agreements of this Deed of Trust as if the rider
<br />agent w part beano(.
<br />7, Twtaerem of Lwda's ffacsrUlt. If Borrower fails to perform the covenants and agreements contained in this
<br />Dad of Treat. air if may sdiem or praeeedtmg is commnemced which materially affects Lender's interest in the Properly.
<br />iaewdin4, but not hmmiMd o. O'isery domain. iMSkVnoy. code enforcement, or arrangements or proceedinp involving a
<br />blam. I I or' , , dtatt, them Lauder at Lender's option, upon notice to Borrower, may make such appearances, di%hurse such
<br />sums and sake arts! aaiow at is nedxtwry o Lender's imtresl including. but not limited to, distrursemenl of
<br />saMlaalaiN -as" la's Nos and nary wpm the rruperty, o make repairs If Lender required mortgage insurance a% a
<br />coodwwo of ttnli mg olio loan secured by this Dead of Trust. Borrower shall pay the premiums required to maintain such
<br />khowso R in ot%G wtll'a" time se she rtgtrusmea for such insurance terminates in accordance with Borrowers and
<br />imdWe tssipasagroewa* or applicable Lw, ON owes shad pay the amount of all mortgage insurance premiums in the
<br />rnemna pnvided rmnd. 2 hereof.
<br />Amlr lamnuma try Lender purwa o this paragraph 7, with interest thereon. shat) hecamc addrtnmel
<br />dmeta of #crews fie, by this [feed of Trust. Unless Borrower and t ender agree so other terms td payment. with
<br />ame000 dull 4 I ) -Mt upon notice from Lender to Borrower tequesting payment thereof, and shall hear mternt f rrrm the
<br />11-1
<br />date of aenw . a the me pyastk from time ro time On anslanding principal under the Noce unless payment of interest
<br />o such is" was" be contrary to applicable law, in which event %rich amounts shall beer ,notrest at the highest felt
<br />penaiwls under applicable llaw, Nothing contained in this paragraph 7 shall require Lender to incur any expense or take
<br />my action hereunder.
<br />I. NapMlur. Lender may make or cause to be made reasonable entries upon and o nf,ectiont. of into Properly provided
<br />that lr"u shall give Botrw.er na«ct proof to any such inspection specifying reasonable cattw therefor related it, 1 ender
<br />m v
<br />.enu in the Prorertr.
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