|
r 86-- 104463
<br />If Borrower pats Funds to bender, the Funds shall be held in an institution the deposits or accounts of which are
<br />insured or guaranteed by a Federal or state agency tincluding [.ender if [.ender is such an institution}. Under shall apply-
<br />the Funds to pay sand taxes, assessments. insurance premiums and ground rents. Lender may not charge for so holding
<br />and applying the Fends. analyzing said account or verifying and compiling said assessments and bills. unless Lender':
<br />pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and t eodurr
<br />may agree in writing at the time of execution of this Deed of Trust that interest on the Funds shall be paid to Burrower.
<br />and unless such agreement is made of applicable low utgairts such interest to be paid. Lender shall not be reqzir
<br />to pay Borrower any interest or earnings on the Funds. lender shall give to Borrower. without charge, an smust
<br />accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was .
<br />}
<br />made. The Funds are pledged as additional security for the sums secured by this Dodd of Trot.
<br />If the amount of the Furls h Jd by bender. together with the future monthly instailments of Funds payable prior to,--,
<br />i
<br />the due data of taxes. assessments. insurance premiums and ground tents. shall exceed the amount required to toy said
<br />Cates. assessments, insurance premiums and ground tents as they fall due. such ezcess shall be. at Borrowers option.
<br />caher promptiy repaid to Borrower or credited to Borrower on momthiy installments of Funds. if the amount of the
<br />Funds held bV Lender shall not be sufficient to pay taws. assessments. Insurance premiums and ground.— as they }alt
<br />due. Borrower shall pay to Lender any amount necessary to make tip the de iic.erncs'in one or more Payments as Leader
<br />may require. -
<br />Lpon payment in full of all sums secured b: this Decd of Trust.. Lender shall promptly refund to Borrower any,
<br />Funds held by Lender- if under paragraph I - hereof the Property n sold or the Proper; is otherwise acquired bin
<br />Lender - bender shall apply. no later than immedunets prior to the sale of the Property err t[* acq..Anran by Lender. say'
<br />Funds held by Under at the Thee of appiwatioc as a �redu against the sines secured by this Dens! dTrnst.
<br />Le
<br />A. Applituden of Payawno.. Unless applicable law provides otherwise, all payments received by Lender
<br />the Note and paragraphs I and 2 hereof sball be applied br Linder first in payment of amounts parable to Lender by ,
<br />Borrower under paragraph 2 hereof, then to rffiaess povabie tin the Mote. and thereto thepnocipal ofthie Sine.
<br />4. mine MffgMn stud Dr& Of Trout GLgra; Lima. Borrower shall perform all of Borra+er -s obligations
<br />under any mortgage_ deed of trust or other security agreement with a here which has priority over this Deed of Trust.
<br />including Borrower's covenants to make pasmeacs siren} daa Borrower shall pay or cause to be ,raid all tars, -
<br />assessments and other charges. fines and impoiunons attributable to ttic Property wbich may amain a peoway over th e
<br />Deed of Trust. and leasehold parraents or ground rents. d any
<br />S. Lunar} fwa�anea. Borrower sb&13 keep the reaprcwcaiersrs mow existing ax hereafter tstrcteE oc the Ptopeiiry
<br />insured against ioas 1:, fire. t`rds mduded wnttia the term extraded taveragc ' and such other hazards as Leader
<br />. 'ataal !equal! and in sucil amouritt and for Such per as ;,erwav lilts, teuuire . -
<br />-
<br />- The insurarim carrier providmmg the Insurance iftaa he �hostst to Borrower subject to approval by l,cndr; prorukd, x
<br />that such approval *Katz um be uureasasabt* --o-now AS- insurance ponies and teorwais the3toe sherry be is a f€r>$
<br />.. .acceptable to leader and shah in lade a standard - nioff4ngV 4iaU!6- ID favor Of and ire a form AcCeptable to Leader.-
<br />-'
<br />-. Under - ihali have the ngM to hold the polaGlS and rene'wais Thereof_ trble%:r tot the terms of any mur'tgagtC. dead of trasit -
<br />oar other riecunn agmeiince, with a loci} which has prwjmv ever this Deed of Trust
<br />-
<br />In itic treat of Lau. Borrower sKall give prompt notwe to rare insurraancce carrier and Leader tsaY make proof
<br />Ot LaD rf non trade priimpaiy br BQi[[fwet
<br />If the Pnspery is soandsned by Sc. ; avS .t sf Borrower lie too respond to Lender with 30:h3irs from dw date --
<br />-notice is matied t» lender to But rwet tbar the insurance cw-w ohs" to nettle a claim far Iusurancer neviefils. hoarier is "
<br />.
<br />_ autbortzed to collect lad apps: the rasiYYawc'e R�vacee" at Lender s op rain either tot remorautin or repair �A 'fie'
<br />Ptopet y +Jr to the slams *Kilted hr. this Deed 4 Trust
<br />a. Pwai nIaeiw and Maiaaaaaem of herwW Leaa"&C.inWeaakma. Planned Fait Dmallarmens_ got - .
<br />Bower shall keep The Prvpert. zn goad tear and sisal; MA ceanruit waste Or permit tmpauraCW err d the
<br />` Pntgeri and %hail covnvir with tile, pravtsious of ass a-iie -f 1m Deed or € rest s am a icasrritoid. IfthA, Deeds OtTvinx is
<br />iH: a emit xt. i i+7nttfil4ii+lY -±n 9t t VAIIVAd #rte. =_ pm-M ;' =±+alt Kai: pC!'t^ -. rm ale at borroft_ —'. ;*uSocinna under
<br />the decuratiom err cOVVnAetS .'+S .go -ernmg one ; aamiutn z¢' planned unit deleicipirticut, dw - -w4aws and
<br />l ztgiuurom of the enodomiasaa: ar a a necS unit € r*CXV iemt and oust arot documerus
<br />*as* to per ns €rie coveaaurt and agteermeas contained m th shwarelaa d taiei $000111 0, if Sou -awer
<br />-
<br />Et[ Dead of Trust, of it arty active or proceedimg a nomnxaxed wnaCtr taarma:k arts Lesser t }serest °["t the Propetrn'.
<br />E niece telider at Leader t option. tipoL` nfXace tC BARr+oweS. lay =3a1[e uwrt aplltarar =4'CS.. dieburse Sucr surQl- Mchadmg
<br />rex—a -hoc artorne" tees, and take Ube+ acts a5 '-_ neoesSi_'T- Zz- in— eCt. 5 °,^�t"�^�'St._ if t ee&— temps Wee ,�.Y`'ieW
<br />°
<br />insurance as a .•oodirroa af mAaxng the lawn securec :n :,his -*ad & Trmt. Bomowr. sha:s pas zbe piemrums, - cquurec res
<br />rntuatam such insurance in effect ututL' siuc-tt nmte as the tegaactnew ,*tor such Zriumancir terai:natte$ :s scclae*�azw c' wit
<br />_ Sorr"wer s and Lender S WrMen agreement err APPOCSOW law
<br />_.-
<br />Am amount} dubt:tied M i ems,: -t3 '- JtIruLant iC Jbs pAt'igt'am - -TM ttirerei'.- tn&rron. L. thr %tale raft, sbai!
<br />becormc addrriouai tudebtedaess ,at Bovrcwr. secured by tors Lited A 7—us, !micro Borrower ,art'd Leader agree ra
<br />- e Lender to �rcer egtegt r:er sZ payri t i a ms
<br />-
<br />_ tr{tre+lt contained to tt?ts ;lit agrapt ' Snao-'. i' ';;:Se LtESi2c t;; ciicur avt expen5c or t-kc ant atiow. fieretizdes -
<br />-
<br />i4�tithmIl
<br />- 4 'T `". Lender Mal inlae W CAuse tC tae made ^easov. bfe entt -'es ¢ pore and "rasYpeal .i of .tae }, CT-4
<br />-
<br />- t,) u"det r➢v Lender t; tai; it7i"e B--itr ewer prior w an- ii:n m&pectioo SI cocking teasonank cause :t'M2CF4A'
<br />" rciatrrd to bender s interest in thr Proper--1
<br />%- CAniwwadma. The proceeds at any away; or cia= for diu -mages direct or onsegt e€kttc. [n
<br />AM : ^smdefEtnarit)p Of !Hiner oak =_ rig Ot tuft ?ri,+lerY. sY 9i. 1hemC*i_ or car. an-e-,ar it :tile --. «?rAa�atfffi st3s� rt
<br />3iercb. assigned and shall: be pay} re Lender sutl ect to ;tie ter tr s of aril mor gsgo_ 'eel of crier serf, i c ague .
<br />.meet with a lien w$aicti has priority liver r in, peed of Trust_
<br />lit. Mrwwaa Not Rek-P4L Verhaaea♦or * Lunar 'viii a w �vfr- E- rensso r i}? -ne 'tine '. !r atat3t�r
<br />modification M amoruAt" lot The tams secured t!i the? }Feel. ul I nw, eranied Ill I ender tc> erns succel lu'.^. iorlrmS _
<br />- Borrower shali -rho! iiprrate to .rieaft, to an, manner, the ltahrinrl to ite oriittmai, Sorrawer anon Boorrv_rvr uca"fi iulrS fn
<br />■
<br />- r - titxrest. I.rmder sfiaiE tan! b+ re'i�sntni *.a �`EFrritraeflCr paVCOWtnits a([azsst Each Saiv. ^'es5€Yr or rrttiXr .a, e::erEC# - r„c
<br />. - - }mein of atfierwtir modify a.rwrtuals3a of the sums neeured tr, this aced ai Trwi rev rras.*ti of an* Jrtn4rld :_Adf, t-s :Ise
<br />- irtsa±aal Blim'wer and I30rfr wen i %ucVt- i„sor% to mteTest. Arai icrrt*eara*i; c fA1 le riirr,_.stng ails "f:h. -
<br />.Lender
<br />. _ t+errundet x +it.ticrw'ite aflraivnrd hs apgsi icat+k taw *R � utc _sr ^ =r cacrsasr , =t
<br />-
<br />- - rerniestl - -
<br />Ii Sorirwrs —d Uvigwa BembC !moue nerd Srvaraf Lick n". Cwsigwers. 'sc .x- •rra-'4
<br />_ tsTrr :r, C_tiAnhl sh*P "'N! too !tM ^jfhi. 'Wreurid" :h&O •nu" w '.'If fint'wvt'le an-1 F4x':4'.t. C.
<br />- {*�;sr+ -axe :rt`^„K-s ,., •`,F i his - ^s �. wti .t Pit air atria 'r tt 1 ?(tr+,, AEi i'>i --ens a.RSc x?is; a�Y?'ef -• ^t :." �.`- ev,f* i. ",-1 .- ,-
<br />...
<br />e-,.• :. tT iii 1!'+i: - Ml .+'.� 'Ix.id 11FNri.sYi t =ifF {'rrli r. t�v ti.:.• a
<br />
|