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%1 86---- 101907
<br />Utaloaa C V's"'AN1Y Iiurrciwcr and l.ewgtr covenant and egret as lollows
<br />r rn/e I- PSYRION evidenced P a ��. Borrower shall plunpoly pay when Jlrc the principal u( and mlcwu ton the
<br />1 i�Yolt a ~� M �v d in 1101 Note, and the principal o and interest M Fulum: Advances secursd by shUecTrus,
<br />b&d Trio ad fiwea
<br />ar. Sub1Kt to OWK" law Of b • written waiver by Lender. Boomer shall ppaay
<br />r osem t
<br />a 111011tr raw the My mo01thly WWWWnsM$ Of prmupel and interest are payable under the Note. the Nwc
<br />"Fasslde ")
<br />a sum (A11rem until n paid on tudd.
<br />areal to' oMhtwellM of be yearly tats and aastssments which may attain prourby over Ihit
<br />Voted of Truss, 1101011 glOwW $a'"& On this Propeny, of any.
<br />pin$ one - 110911111 of yearly premium Installments for harstd insurance
<br />Phi OIK•Iwtlflh Of Yearly hremwm inusHi Kn4 for rnoftgage newlaswc. $I any, all As (tawnably
<br />tams
<br />etotlmalcd initially and Inure
<br />to twos by Lertder as the bat& of astesam min and bills and reawnabk estomaics thereof.
<br />The Fun& a" be hgW w an rnlwutsew the deposals
<br />a UcOunts of which are insured or gwranteeJ by a Federal Of
<br />Malt agency OncludIng Lender it Lender is touch an tnuNrtison). Lender shall apply the Funds to pay said late%.
<br />insurance
<br />bw%%mcnls,
<br />premiums and $round rents Lender may na charge for so holding and applying the Fiends. analyzing surd account
<br />Of venfYi"S and cOmpihng said awssawals bills,
<br />and sittkss Lender pays Borrower intcrcu on the Funds and applicable law
<br />C:mu Lender to make well a charges. Bwrowsr and Lender may agree in waling at the
<br />4sed Ttust
<br />of tome of Cat: .00f of lhtt
<br />that interest on the Fonds %hall be paid to bttowa, and unless NKh agreement n made ,x applicable law
<br />regusrc such Interco to be paid, Lender shall not be required to pay -And unl any Inh agar ignt is
<br />or l on the Fund% I ender
<br />sMN gave 10 Ilorrowtr. wt11OW entree. 1111 annual accounting of the Funds %how,ng credits and debt,% to the Fu"J,. and the
<br />prpoa for which cock debit a the Ponds was made. The Fwd. are Pfd as additional rcIonty for
<br />Yy them Deed
<br />of Trust. the sums secured
<br />If the Mount of the Funds held by Lender, togeabcr with she fulum monthly m%lailmeni% of Funds payahic prior t„
<br />the due dad of lases, assesamcnts, insurance
<br />premium% and ground rcrts, shall esceeJ the amount requited to pay said w%cs.
<br />aaasulntMS, insurance ptemrums and ground rents, as they 1311 due, such Oaccs% shall be, at Borrowers option, either
<br />proresplly is patd 10 Borrower or c,rsdiled to bfrbwer
<br />On monthly Installments of Funds. If the smoont of tine Fund%
<br />held Cy Lender shall not be taftient to
<br />pay tares, aas,es%rrsenis. insurance Pfemn,ms and ground rent% at they fall due.
<br />botrower shall pay to Lender any unouM rwccsary lO m11le up ,Itc deficiency within 30 days from Ibac date ounce n mailed
<br />by Lonelier a brrowtr ragliasli11g payment tMraol.
<br />Upson Payment in full of all sums secured by this Ned of Trust, Lender shall pionipily refund to Borrower any Ft:..J%
<br />held by Lander. if under Paragraph lb hereof the Properly
<br />is %old or ill. Property is oihuwlte a%yuircd by 1 cndcr I ender
<br />shall apply. no insist than I n01Kdraely prior w the tae of she Properly
<br />or its acyn,%luun by Lender. any Fund% held by
<br />Lender at the time of 11"kistion as A credal AA&Inu the sums secured by this Deed oI Trust
<br />3. APPUrrsdao of ftPWA . Unkaa applicable Law
<br />provides otherwise, all payment% rc%C,vcd by Lcndcr under the
<br />"a and paragraphs ) and 2 heteol shall be applied by Lender firs In parni of amounts payahle r,. L ender h) horrowcf
<br />under Pafagraprs 2 het*W. then to tMeuat payable on the Note, then to the
<br />principal of the Nnie. and lhen to inlcres, and
<br />prw rW on any Future Advaicet,
<br />((
<br />Ckagse; Uaa11. lortower shall Pay all uses. aaearrlenl% and other char &c% fines and ,n,yo,-ouns .onlhusahic to.
<br />INC ProPeny which may all in a prwyr ly over this Deed of Trust, and lea-shuld
<br />payments or pound tomm 61 any, in the
<br />maboser Ffovisled under paragraph 2 herea or, if not paid III such manner, by But ruwer making payment . when due JueLIIY
<br />to Ilse ppaay« Ihertol. Borrowp shall Qpnwnptly furnish to Lender all norrcct of
<br />amount% disc under this paragraph, and in the
<br />evaat brruwtr shall make paymery directly, Borrower shall promptly hanish w Lender rece-p,s endcnung such paynientt
<br />iloffowet Mall pntripily discharge any lien which has
<br />priority over thn Decd of 7 fins. provrdcd_ has Ilondwrr shall .,ot lie
<br />required to discharge any such lien to Inns as Rwfuwer shall agree in writing to the payment of the obirg.,in,n se %wed b%
<br />such IKn In a manner acceptable to Lender,
<br />or shall to god faith contest such lien by, or defend enlurcerrseni of ul.h ficn in
<br />legal ptoctedm s which ufmfale to pfeveni the enlofcemenl M the lien or furlciture of the Properly
<br />f � larrra01e9.
<br />or any Prrl iherett(
<br />Borrower shall keep the Improvements now esnung of hereatler erected on the Ihupeny insured
<br />agatntl iota by /ire, hazards rrwluded v..thin the term "extended coverage ",
<br />and such olhet hater J% as I ender may fvgo.rc
<br />and in such •mtwnls and lot such period% as Lcrder may require, prow, d, that Lender
<br />shall not rcqu,re Ina, U,c amuunl ,.a
<br />such rnverage exceed that amount of coverage :cquurcd to pay the sum% secured by Ill,% Uccd of fr,, %i
<br />The insurance ca:ruf providing the Insurance be
<br />%hail cho%en by Burrower sublets sit APpfoval by lender plov,dc•1 .
<br />that rich approval shall not be unrsawnably withheld All premiums on insurance policies shall use
<br />paid to the manner
<br />Provided r PafaffaPb 2 hsreosl or, if nu paid in such manner, by Borrower making payment, when due, directly lu the
<br />low-am mrtNr.
<br />All Insurance policies and renewals lhereul shall be In form actcpsablc lie I ender and ,n,li u,.lu& a u,nd.,rd nuingaec
<br />cf►use In Is-or of and In form &cccptable to Lender Lender shall have the right to hold
<br />the ix,bue% .,nil rct,rw.%tt ,hereul
<br />and borrower shall promptly fuinnh so Lender all renewal nu,cn and all receipt% oI p „J prcmwm, In inc cvcni of tut%
<br />borrower shall glut prompt notice so the irwuranee
<br />.
<br />carrier and Lender. Lender may maILc Pitxsl of los. it not n%ade pro,mpaly
<br />by brrower.
<br />Unless
<br />the P uperty d�ncage Prrovided such reuora'wnn or repair Is ec awl a Aly feasible andbhepecunlyr •.It`I'
<br />tut thereby or-pancol it thisaDcc.luolrT
<br />su N such cceds shall or rcpatr n not economically fcaslblc Or d the Wittily of Ihi% Uccd of Iron, would
<br />be Imp111rsd, the InwtaMe proceeds shill be applied
<br />Ito the sums secured by this Dced (if Trust, wish the codes%. 11 any, paid
<br />to gwfgwef If the Properly n ebaoJuncd by borrower, or d Iorrower (ad% to relpaad w Lender within 30 day% beam the
<br />dwe nOistc n Inarkd by ltnder w borrower that the
<br />Irnurance carrier oAefs a) uuk a sfaim for fnxnancc bcnctil, Lentkr
<br />wshurrsu to colku end apply the insurance pnweoJs au Lender's
<br />o option other au r"iormjon or repair of the Yropcny
<br />a w the awns secured by this Deed of Truce.
<br />Unless l.rndtr au! Borrows uthtrwne agree In wrung, any such ralraptoon ul pox -eds h, principal shall not c %rend
<br />or IpufK she disc dale OI 1111 rtsunlhly Inticamenu rderred ro in raragraphs 1 ual 2 hcrcuf
<br />such
<br />of change the amount of
<br />installments. If under paragraph IN herwl the Prupersy is Acgwred by Lcndcr all right, title and l,ttct"I tot Ck%(rower
<br />in and to any Insurance policies and In and to the Proceedill thereof
<br />mulling lions Jamage to the Prupersy prior to the sale
<br />or acgwatoon shall P&bs w Lender to the catent of the wma secured by this Decd us Trust tmmedtausl) proof w such sale or
<br />a17gYiat'M
<br />b. Pramoteek a std Msbkft m at PrePerty; LemorboNs: CaaMmialums; Maned U01N t3err
<br />%hall kelp the Pupeny In steel «Pau and shall raw tunmul
<br />+o
<br />wale of perns.i uupauntcnt of Jctenora lw�he Properly
<br />and shall cwnpfy wish the provisions of any kasc if this Deed of l lull n on a kaschoW 11 this Uccd of Trust Is u., a unit
<br />condominium of of armed development.
<br />11 unit In a
<br />Burrower shall petJorm all of borrowers Obligations under iht declaration
<br />g at go►erntng the coadommnim or planned unit development, the by -laws and regulation
<br />condonnnsum or
<br />of she
<br />planned unit development, and corrutuem documents 11 a condominium of planned toms de %elnpmcni
<br />rifer n eeeculed by Borrower and « cuided iugelher With thn Deed Trust,
<br />of she cuvenanls and agreements of such rider
<br />shall Iq Incorp"rated into a01d mail alllend and ,upplamcm the coven* mlt and
<br />might a part herwf, ag(ertlKnito UI Ihn Lkcd OI TfY71 •% if ILK fides
<br />7, Psesatd@o at Undoes Socwily. If brtuwer fads to perforce Ibe covenants and agreement conu,red In them%
<br />Dead of Trut ofd any action or proceeding n commenced
<br />which materially ailed% Lenders Imetcbr in the Property.
<br />bankrupt rsg but not nt, the w, eitNilent domain, intWv11my. dale enforcement, of arrangements or
<br />Iranknp of dlxedeM, open L9010er
<br />pfoctedtng% Involving a
<br />at Leedsr'a option, "Furs notice w Blarrower, may make such appearances di%hurw such
<br />some and lake such 6c1Mn as Is necessary to pprfrol I Lender's instiest, including. but n01 smiled
<br />reasun41Me atwrnty's tin
<br />lo. dt%hW %eritens Ill
<br />11nd entry upon the Prupetty to mate rcpalfs It Lcndcr rcqu,ntd rnurlgagc imuun %e a, s
<br />co01ditwn osf maths she hsan secured by this Deed of Trust, Ywrower
<br />illaw1101m
<br />shall Pay the premiums required to maintain %itch
<br />i01 eA11e1 anal %itch time as the regYihtmcnt Ilsr such insurance lerminales in accordance with Burrower'%
<br />eraft"t mintlle agreement of applicable law
<br />and
<br />brroter, shall pay she amount of all nkilIg&ge lnsuneMe pfcnrtltms oil the
<br />marsrsisr Pforided rand9r pars raph 2 heteo(
<br />Any
<br />amounts drsb"Ift's by Lender putwanl to this paragraph 7, with Inlcrr%t ihercon shall brio
<br />rn%kNed”" of Borrowwen aec"nll by this Ned of Trues Unku 1Wrroster
<br />mt aJJunm J
<br />amowns/hall I
<br />s
<br />Arid tidet agree w Diller ienm III
<br />Ile payable upon nrg.cr (Item Lender sit Burrower requtshng payment iheecuf. and
<br />data u( dMbusWasemM at the tale real
<br />Payable Irum site ,o time than niCae%trN „ndisc
<br />al tech 1`414 wuuW be curilraty to apphcabk taw, to whichterenrdutt� ramtwnit rider the, .It .,
<br />&Me tit .,I
<br />Pumtaabk under applicable taw etss�� lllciatt
<br />No %Oniatned in this paragraph 7 shall Itqu,re Lender so incur
<br />say &coon hersurtder
<br />an es
<br />1 pens% or take
<br />b. dsapenaaa 1 enter may mass, w saute lie be made reawnabk chine% up„n and
<br />'has I.er,dar shall ilk. u
<br />f
<br />a.vA cl ,w.,ut I,Y,of au ally wrch utspeuiun spa dyuig reuunai a i'" ill I`�• • JtJ
<br />H /t/Mt on the Plorrrly a.t s, ir}elel.�i efalld I. I ,nJtl
<br />.
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