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�rg-v 86-- 100911
<br />u"Wo aw Covir"awss gsrstxwcr and trudi r cavenartt and agree » i. else the principal of and eme:tst on the
<br />g. lyre of 1�� a" left"& lsrrowea tde" Prosst " poll is the 'he assn ip principal al aced i n the
<br />ndaiudntts ertdm" by rAe Netts. Prspaymsat and fate champ as Psor+den
<br />on w FMwe Ad awtn ucturd by deed d mart.
<br />2 /eels Item law sisal iasasaaee. Snuffer, w apphcahk fw tie so a written waiver by Lender. Borrower shall Pay
<br />to I.Cmdes on she day money is asnts d Prwcipel and iatemst are Pays under star Nera. until the Nate n paid in a +l.
<br />a santl flraram - rands -) squal W mar4stattfth of the yearly taxes and a"c%snwnts wlaeh MAY attain Its 'or" over this
<br />Dead 91 Trans. and mad rem on the lrrolsiarty, d say. phis carat -ra elffth of yearly premium installments for hxtard insurance
<br />Plus owe -t*CM% of yearly premium awaBanena for more atwramce, if any, all as reasonably eusmated rartrally am from
<br />time to time by Lender an Id e being of aseesrtssaxs sad fits and reasonable tallmstes thereof.
<br />The Famds tdnall be held to as inisidutien the depends or Kcoutiv of which acs insured or guaranteed by a Federal or
<br />state ave ncyt (including Lender d Lender is weft an aertitntion). Leader shall apply the Funds to Pay said later, asstssmnctits.
<br />,mnxarcr premiums sad Smlmd rents. lewder may tea charge for x3 holding and applying the Fends. amatyzusg tail account
<br />or verifying and mL sad oaasrren is and bills, unless Lender pays Borrower interest on the Foods and appl cable taw
<br />permits Lender so make sac► a charge. Bore aaarr ad Lender may spree in writing at the lime of cxtcmly" of that
<br />Deed of Trans eha interest on the Fu n& sA"fil be pad to Borrower, and unless such agreement is made or applicable law
<br />requires -refs imterert to be � Leader shah not be required to pay Borrower any interest of earnings on the Funds I mater
<br />alafl give a Bsrrower, wit x charge. an arwmat accosmemg of the Femdc showing credits sad debits to the Funds and the
<br />Paa}aaa fir whwch each it m the 1Psmda was made. The Fm ds ire pledged as additional aearity for she sums secured
<br />by s� Dmad of Trust.
<br />1{ the Satellites to the Funds held by Lender, together with the future monthly installments of Funds payable prior to
<br />the due deli of area. aseleas ears. Mannance prammms std ground reacts. shall exceed the amount required to pay, lard late-,
<br />aaae tmwawe preamm s and ground tents as they Ian due, such caress shall be, at Borroavers optwsr. either
<br />repend to Borrower or credited to Borrower on monthly inttailmarais of Funds. if the amount of the Fmnads
<br />fd y�Lsmder �fl riot be sufficarrm to pay fasts. astessttxnts. insurat.ce premiums and `round tents as they fall due,
<br />Borrower d►all pay to Ltxsdet ray amount necessary to make up the delicimey within 30 days Scam the bate nose s mailed
<br />by Lender to gorr_in teRaentiag Payment thereof.
<br />Up- portnenf in fun d � fares fi cured by Ps Dry cf sobd Trust. r the property promptly otherw'[seflacqutred b) I rnderrsI ender
<br />lneW by Leader. it sander paragraph tops
<br />$be" apply. no fatet than itnmtediately prior to the safe of the Prnperty or its acgntc,i,on by f ender any Ftnsds held M
<br />Lessder of the tittle d apphcal+on as a credit against the sums secured by ibis Eked .A "Trust
<br />1. APPBedw of faaptaeaala Unless applicable law provsde% otherwise, all payments rrcetved bit i ender under the
<br />Noe and paragraphs i and 2 heteof shall be applied by Lender first in pa intent of amounts payable is Lender by Borrowcn
<br />sander paragraph 2 heraof• than so oriental pays on the Note, then to six principal of the Note. and then to interest and
<br />pranc oa any Future Advances.
<br />(- Lleargex Lietla- Borrower shalt jay all taxes, assessments and other charges. fines an.! �rnpns,trons atrribut-hk tit,
<br />the property which stay attain It priority over this Deed of Trost. and Ica•t:hold payments car ground rents if any in the
<br />massage provided under paragraphs 2 halo{ or, if not paid in such manner, by Borrower making payment. when due. directly
<br />to the pPaays- thereof. Borrower shall promptly furnish to lender all notices of amounts die usedct this paragraph, and in the
<br />.-=slut Borrawtrt%a mdse payment directly. Borrower shall promptly forntsh to Lender recnpts evidencmf utch payments
<br />Borrower *hall promptly discharge any lien which has priority over this Dccd of Trust: provided_ that Bom—cr shall cull he
<br />required so discharge any such lien so long as Ibrtower shall agree in writIng to the payment of the obiigai —n secured bit
<br />such lien in a manner acceptable to Lendes, or %bath in goad faih contest such lien by, nr :tefcnd enforcement of su.h lien m
<br />*60 proceedings which operate to prevent the enforcement of the lien or forfeiture at the property or any part thereof
<br />!. ILori fasarawte. !harrower shall keep the improvements now ggexisting or hereafter erected on the Property msuied
<br />against lose by rte, hazards included within the term "extended co cover that hat Lenderisha!! note equirc Thal the ramou -nails t
<br />and m such amounts and for such per +ids as Lender may require. pr
<br />such coverage exceed that amsounr of coverage required to pay the sums secured by ihas De'd of Trwsl
<br />The insurance easier providing the insurance she" be chosen by Borrower snbrecl to approval by I ender_ pinvadc. +.
<br />that such appto�vaI aball no be unreasonably withheld All premiums on insurance policies shalt be paid in the manner
<br />provided Yoder;=pb 2 hereof or, if not paid in such manner, by Borrower making payment• when due, direct ?y to the
<br />tsswrawc tarries
<br />All Insurance policies and renewals thereof shall he in Form acceptable to I rn&f and .f all include a standard mongagc
<br />clause in favor of and in form acceptable to Lender Lender shall have rte right to ho;,! be p r. rs :and rene —os thereof.
<br />and Harrower shall promptly furnish to Lender all renewal notices and all receipts of Paid plem r,m. in the .•,cm of Inca.
<br />Borrower shalt give prompt notice to the insurance carrier anti (enter. Lender ma) make proof of los..f not made pmmptt)
<br />by Borrower
<br />Unless Lender and Borrower aeherwrae agree in writing, Insurance proceeds •hali be ipp:acd to rcatoraiton or repair of
<br />the Property damaged, provided such resiorsiwn or repair is economically feasible and the sec unty of this Deed of Trust n
<br />not thereby imputed It such marorstron of repeal is not economically feasible or If the security art has Deed i,I Tt,ist would
<br />be impaired the insurance proceeds shall be applied to the sums secured by this Eked of Trust. with the excess. rf any. patol
<br />to Bortower. If the Property is abandoned by Borrower, or if Borrower Path to respond o I cndef within 30 days from he
<br />doe notice n trailed bit l esrder to Borrower hat the inwtarice carrier offers its settle a s la fm for insurance benefit, Lender
<br />is atahortied to collect and apply the insufstwe proceeds at Leader's option either in icstoratton or repair of the Propeny
<br />at to the sums secured by that Deed of True
<br />Unless lender and Borrower otherwise agree aft wftting, any such appiieataon of proceeds to pnoc,pal shall not extend
<br />or postpone the due date of the monNy insta1ments referred to in Yaragtaphs t ;net � hereof or change the amount of
<br />such +miallmems if under paragraph tot hereof the Property is acquired fry Lender. all :-ght, title and interest of Borrower
<br />in and to any insurance policies and In and to the proceeds thereof mulling from damage to the Property prior ti, she sale
<br />or acgwsnion shall pass to Lender to the extent of the sums seciared by this teed of 'Trust immediately prior to such sale or
<br />acepaaaios
<br />b. P'rmervolaa awl Maissklmwt of ta.rmy; faeambelia; Cemden4aivmai Pines" Unit Derelarwxnts_ Bo,tnwrf
<br />shail keep the property in good repair and shall not colonial waste of ptrnstt irtapaal mint 'it d,i. a"aua.n Of the Property
<br />and shelf comply wmh the provtsions of any lease if this Heed of Trust ,s on a scaschoid 11 this lked of Trust is on a unit in a
<br />condominium or a planned unit developrrem• Binrvwer shalt pedarm all of Borrowers obligations under The declaration
<br />of emnarm creating of govetnmg that condominium or planned unite development, the by Saws and regulations of the
<br />condominnUti or planned unit development, still constituent documents. if a condomrnil-m or planned unit de•rinpmeni
<br />tiler is executed by Borrower and recorded together with this Deed of Trust, the covenants mad agrectivents el such rider
<br />shall he incorporated into gold shall amtid and supple win the covenants and agreements of this Deed of Trust act J the rider
<br />srpe • pan hemot.
<br />7- 111 weet ae Leden"a Surreally, it Borrower fails to perform the covenants and agreements c- ontained in this
<br />Deed of Trait, or if any action or proceeding is commenced which materially affects Lender s interest in the Property,
<br />omcludaag, but not limited to, eminent domain, emolsrancy. cork enforcement, or arrangements or proccediop involving :t
<br />bankrupt or decedent, then Lender at Lender's option, upon notice to Borrower, may make such appearances di%horse such
<br />snag Ned take such action as is necessary to wprotcct Lenders interest. includ.ng. but not limited to, dnhu,sement of
<br />rpamiable ataneyi fast and entry upon the h0; y to make reports It Lender required mortgage insurance as a
<br />comdihim of matey tea loafs secured by visit Deed of Ttwf, Bornowtr shall pay the premiums required to maintain such
<br />irgmtamee in effset Umt wch time a the requirement for such Insurance terminates in accordance with Borrower's and
<br />1- assins wrgeen apeemeu of arPfical�e law Borrrrrer shall pay the amount of all mortgage m!utsnce premiums an Ifk•
<br />m*wW provided Under paragraph 2 hereof
<br />Attu� Msm�wams disbursed by I -ender purmaetq to this paragraph 7, with anicresi Ihercon shall br.ome zidditwrn.d
<br />indeMedwess of Borrow rf secured by this (seed of Trust Unless Borrower and t ender agree to oitwt terms of payment ua; h
<br />o"wammss shall he payable upon notice from Lender to Borrower rcafuesling payment thefra.t and shalt brat articles, trnm the
<br />dart of di►buraammem at the rate payable from tine to time on oulstanding ptrtr_iral under the Nate ,,.sets paymtm of infereti
<br />at web rate wound be contrary to alnpltcable ism an which event such amounts shat hes +emsi at the h xtw%i rate _
<br />permissible ufedti aPpkable law Nothing contained in this paragraph a shale requ re L. drr recur an,t expense car take ^'
<br />any Action hrreurrder
<br />S. hapecsi" f ender may msio r a w t be made eau noble seines upa +r, Q f . p , k ' LM
<br />tha. I trader nt,a;: t,•e nort—a, rs_aia,rc prior so any such =nit /iec =•, :n srseolv,ng '—f =hc•cir c:atea I„ , ,njJc
<br />,ftwws an she Proven,
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