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<br />Ut rwissm Cove"osssTs 'borrower anti +L:uidcc tconasafll sad agnw as ` 0114owr
<br />1. f ah #lrlaelp/ auil dalewal ass saer;*AN prarltpNy .gay wlsin ,due -the principal ,of and antertst .on ! the
<br />ia+ebseitesrao;+pleat'by eta #1.�e al tltt. ,IhftV oq wa..Vpt r" is °nK =Nara, all/ Ube- •piihcip l or and= iatsren
<br />an Patois Aduramiss aec;W,by Ibta� .WTnust.
<br />a 1 - llaairlar tea. as L..�a. �trr�atK lo'.foiic flit 9.w or to s wmlat ,rawer by Lttdkr. Dwraaer *AN :
<br />IV laender an the ray "untighly, iwsseNnaafls sf;principrtawd inrmsl are payable uadcrshot Nose. snttil•the Note is pcid.an'i
<br />a sin =(itefein "lsgds") WW `ystrly ,.haw and - arreonsealr wlach Willy athin <Priority over lhts
<br />t)wd of Trust. and.Nrarad rsala on Arc2!raperlar. rf 4rgr.�ltts owe- rwdtrh of yaarly,prarsu«a wsNallasents,larfiasard aaeraacc.
<br />Plus dartweltth of ;pse.mittm`iatgtslltmtnts for itsutaoom. if:any, all asteasonably estamared mnsally;a" gram
<br />film to,tare by Lsder ei ,111Wbaps d ssatairlieaM sod sad ►e�aebk almratm iserss(.
<br />The Ftmdh dsaN =kfreid in sa�imNilulien -: Nat= deposits =wraxoulshaaN whieh:pe imut!ad m buaranteed ttlr aFsderat;or
<br />state agency (including lamiler d Aamder is such an institution). LsmdersWiapp)y fheaFun k tapay,mdd:aacs, assessments.
<br />insurance prcearutn sad drounAttetta. tiander ntaytssi vintge torso ttatdi g and applying dire' Funtds,.analyzimg saidaccount
<br />orverifyimg and. =aaidatteestomp,awd`blbs, umlas`Isnderpsys Mrnwrer mires on the'Fuflds and.applscable -law
<br />pennns Lsadw to risk, such a .elrnpe.. Ike rawar aawi :Leerier =� brae in writiy at the time of ,:execution of thn
<br />Deed of Trust this .atsress on attic :Fssads =shrN be }aid ales Borrower. and unless much .agifmxrrm tt is node a r applicable law
<br />regwres.a -ch interest to be paid. I ortder yipNl "01wires aired to pry borrower anyinterem or•earmn op on the fucks. Lender
<br />shall ;give to'Dorrower. without shame. am antis) aecosnuiag d;the Ftptds bownflg cmdta and.defats to the Funds and the
<br />purpose far which each dsbrt :as- Nee =Psstritwn,nrade. 11se-F adlismse :pkdpd.as additional saturtlty. or the sums secured
<br />the Dead of Trust.
<br />If the :amamt of thesFundir hold by'LwWlar.°taballm with*, +future asoothly= installments of Ftsnds,payahle; prior u,
<br />the due does of taus, asessraaaNS.. ixasrawee;pnistra msmgd ;rougd reMa, shaH.eaewd Ntearnooni :nquimd- to.ltay sad.aws.
<br />assessments. insurance :premiarms old ;roatd tents as : rbey ;fall • due. such tr ctas shall be. at Borrower' .option, < either
<br />Ptrornptty repaid to'Vorrotom or- etoiilad to ' borrower an mommy irtwiltmerrts.d Funds. If ibetm.smt of the Funds
<br />held bbry ,Lender dsaH not be.swilicieat to pay, taus. aaamaoers1%. =iaummm pie issnn :and gromd icons s they fall ..due.
<br />Borrower shall pay to Le da "amy,ae ousu naceaaary!to:rtralte p the deficiency within 30 days from the date notice is =mailed
<br />by Larder to borrower ngra .. payahm I. . .
<br />Upon payment in fuH:of.nll stems secured.by the Deed o: Trust, )sender shall promptly refund to Borrower any
<br />held by Leader. If tanager = paragraph Id - hate*( "P "y is sold.orthe Property tt otherwise acquired 'by Lcnder. Lender
<br />sisal) apply, no later Nwt imrteediOdy prior o the sale:.f the Pmperty or its acqumiaon by Lender. any Funds field by
<br />Lender at the torte of application as •a credit against the sums secured by this Diced of Trust.
<br />3. AppNeMMa of FaymmIL Unless applicable, law provides olherwise, all payments received by Lender under the
<br />Note and paragraphs I and 2 hereof shall be applasid by "Ltider first in payment of amounts payable u, Lender by Borrower
<br />under pargraph 3 hereof, then to inlereal payable at the Note, then to the principal of the Note. and then to - interest and
<br />principal on any Future Advances.
<br />f ClrtRa; i sin borrower shall pay aH,laxes. asnuments and other charges. fines aril impositions attributable to
<br />the Property which way attain >a priority over this Deed of Trust, and leasehold payments or ground rents. it any, in the
<br />maasar provided wtderpara;taph2 hereof or, if not paid in -such manner, by Borrower making payment, when due, directly
<br />to the payee thereof. Borrower shall prosgly furnish to:Ltnder all notices of amounts disc under this paragraph, and in the
<br />event Borrower shall make payment axtly Borrower shall promptly furnish to Lender receipts -evidencing such payments
<br />borrower shall ,poor nptly Qischac;e any lien which fins priority :over this Deed of Trtsst; provided, that Ilon,wser shall not he
<br />required to discharge any such item so long; ,as'ltorrower sisal) agree in writing to she payment of the .obitganon secured bs
<br />such lien in a manger acceptable to Lender. our hall in goad rfadh.conicst such lien by, or defend enforcement of such Imn on
<br />legal pr�dmp which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof
<br />3• Ilals larrraKe. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />against loss by bre, hazards included within the term "extended coverage ', and such other hazards as fender may requrrc
<br />and in such amounts and for such periods as Lender require; provided, that Lender shall not require that the amount of
<br />such coverage exceed that amount of coverage required no pay the sums secured by this Decd of Tnusr
<br />The insurance eamer providing the insurance stall be chosen by Borrower subject to approval by Lender. prnvrded,
<br />that such approval doll not be unreasonably withheld. All premiums an insurance policies shall be paid in the manner
<br />provided Uis&- r paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the
<br />taeuraacc t -mar.
<br />All insurance policies and renewals thereof shall be in form acceptable to 1 ender and .hall include a standard mongagc
<br />clause in favor of and in form acceptable to Lender. Lender stall have the right to hold the poircrcs and renewals Thereoi.
<br />and Borrower shall promptly furnish to Leader all renewal notices and all receipts of paid premiums in the evens of loss.
<br />Borrower shall give prompt notice to the insurance carrier and fender. Lender may make proof of los, of nut nsacic promptiy
<br />by borrower.
<br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or repair of
<br />the Property damaged, provided such restoration or repair is -economically feasible and the security of this I)ccd of Trust s
<br />not thereby impaired if such restoration or repair is not economically feasible or it the security of this Deed of Trust would
<br />be imparted. the tnaurance proceeds shall be applied to the sums secured by this teed of Trust, with the execs, if any, paud
<br />to borrower. If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the
<br />doe notice is mailed by Lender to borrower the the insurance carrier offers to settle a claum for insurance benefits Ixnder
<br />is authonred to collect and apply the insurance Proceeds al L ndcr's option either to restoration or repair of the Proper.y
<br />or to the shits secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall out extend
<br />or postpone the due daft of the monthly instaliments referred to in iaragraphs I and ? hereof or change the amount of
<br />such ,nsa9metns. If under paragraph 18 hereol the Property is acquired by Lender. all tight, silk and interest of norrower
<br />in and to any insurance policies and in and to the Proceeds thereof resulting from damage to the Property prior to the sale
<br />or acgwsuion shall pass to Leader to The extent of the stun secured by this Deed of Trust immedulely prior to such sae or
<br />acquisition
<br />a. Praaennsbss and Matslea.wee at Properly; lwasbaldet CaadONANi loin Plum" Unit Dsvelapmewrs. Borrower
<br />shall keep the Properly on stood repair and shall out common waste or permit rmpaunecni of dcocrioraoun of the Property
<br />and shall comply wrlh the Provision of any Isaac if this Deed of Trust is on a Nasehold If this Deed of Trust is on a unit in a
<br />condominium or a planned unit development. Borrower shall pedorm all of Borrower's ohlugberons under The declaration
<br />Of covenants creating or governing the condominium or planted unit development, the by-laws and mgulatnm of the
<br />condominium a planned unit development, and eo migaOni docurneirs. If a condominium or planned unit development
<br />rider it executed by Borrower and recorded Topdw with this Deed of Trust, the covenants and agreensents of such rider
<br />SWI he incorporated imtosind Mall amssd amd:wppletaemt tie co"m mis amd agreements of Ibu, Deed of Trust as if the rider
<br />were s pan hereof.
<br />7. 'p slvelfiaet of Laders flaiewlly, If ')tonoww (silt to perform the covenants and agreements contained in this
<br />DNW of Trust, or if million or prsoasdfog a settmnenmd which rmlc"ally sheets Lender's interest in the Property.
<br />irtcludiflg, but flat hmitad to, tneimeflt domain. itmoheney, code enforcement, or strangemen s or proceedings involving it
<br />bankrupt ter steeedemt, lien Lender ai .Lenders option, upon notice to Borrower, may make such appearances, dishurse such
<br />sans and lake :11saM aetian w is nesseaary, go ppnrtMetteeeI Under's interest, including. hest not limned to, dishurscment nt
<br />ranortabk onormay''s ,km said 'angry upon the Pta/er1y to male reports If Lander requited morlpge insurance as a
<br />r:oaditioa of palling Nee 1041 sacuntd by lbis'Dod of TruN.'buerewer shall pay the premiums required to maintain such
<br />urtssnfors" in ttllaet 0911 web time s the PegmirarUnt for such insurance terminates to accordance with Borrower's and
<br />Le"IC4 writ— agnamaN or "sppliesbk law. aonowsr shall pay the amount of all mortgage insurance premiums tan Ilk..
<br />"rafter provided .aria Parsgal 2 hshof.
<br />Any aaauna disbuPaam my Lender PunuW to this paragraph 7, with interest thereon shall hecome addiional
<br />indtMednas of Barrgot secured by this Diploid of Trust. Unless borrower and i.endet agree to other terms of pavnstnt, such
<br />sntwnus'f"In pays lsk mpg notice from Under to iorrower requesting payment thereof, and shall hear interest irom the
<br />date of d"s ramtamt N isl ut
<br />the e payable (rwmtime to lime on ostanding principal under the Note tiniest payment tit interest
<br />at such fete would be contrary to applicable law, in which event such amounts shalt twat rnternt at the highest rare
<br />psfrrgsible wider applieabls low, Nothing contained in this paragraph 7 "if require Lender to incur any expense or take
<br />bevy aelion hereunder.
<br />" Ifepeelisn. Lemkf may make or cause to be made reasonable entries upon and .ntr mops of +tic Property provided
<br />that i todet shalt give botnowtr notice prior to any such inspection
<br />tntsrsf n the Ptownv spaculying reasonable Lausr dherefur tlNsrd In lusuu�er .
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