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fit <br />`w <br />NP�J:r'Sht� iiivy�_ ". i�eresn "PrapertyAdtlress "l, <br />ISUATE & ZIP OWE) <br />TOGETHER With all the improvements now or hereafter erected on the property, and all easements. r4li!s. appartensisces, tents <br />(subject however to the ruts and auehoritaes given herein to Leader to cofiecs and apply such rents), royalties, material. oat and gas rights and <br />profits, water, water rights, and water stork, sash all fixtures now or hereafter attached to the property, all of which, hidusibig itplacemems and <br />addihosu thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the frngob ig. together with <br />said property (or the ieasdwld estate if this feed of Trust is cut a kacseboid) are herein reared to as the' `Property''; <br />TO SECURE to Gender (a) the repayment of the indebtedness evidenced by Borrower's nott dated August 6- t.- q`- 6 <br />(herein " : tae" ), in the principal sum of Tf N T'rititlS,AND THIRTY f7w rho oral l of ---------------------- <br />with interest thereon. pioviding for monthly installments of principal and interest, with the balance of the inckbeedness, if tun sooner paid, due <br />and payable an l u u jlyt t ) 49 i ; the payment of all otiser arum <br />with interest thereon, advanced in axordamce herewith to protect the vecurity of this Deed of Trust; and the performance of the covenants and <br />agreements of Borrower berdtt contained; and (b) the repayment of any (hire advances, with interest thereon, trade to Borrower by Leader <br />pursuarit to paragraph 21 hereof {herein "Future Advances "). <br />Borrower covenants that Borrower is lawfully seised of the awe h++erebY vcyed and bas the right to grant and convey the Property. . <br />that the Property is unencumbered, and that Borrower will warrant and Mead generally the utk to the Property against all daims and <br />demands, %ubjw to any declarations, easicum mu or reuncttorts listed to a .cheduk of exceptions to coversgr to any title asturance policy <br />husunag Lender's interest in the Property. <br />UNIFOKM COVENANTS. Borrower and Lender covenant and agree as fWbws: <br />- I. Tstfnanrl of F'yiadpi W IMaraw. Borrower shad) p'oanpsly pay when due the principal of and interest on the inclebteduess evfdmcet3 <br />by the Nose. prepayment and late charges as provided in the Nat, and the prutapal of and interest on any Futter Advances segued by this Heed <br />of True. <br />2. Fm& fee Taw ad f owsa . Subwo to appdisabk law or to a written waiver by Leader. Borrower shall pay to f radar on the day <br />moutbly installments of principal and interest are payalik under the Note, until the Now n paid m f1dt. a stmt (beran "Funds ") apsal to one- <br />arms of the yearly taass and asaesartaenU which may attain priority over this Ord of Tnps, and ground tints on the Property. if arty. plus o ae- <br />twditb of yearty, praatitsnt installments for hazard mvisraaoe, plus table- twelfUt of yearly protnium atsaalMtpau for mortgage matstance. if arty, all <br />as rasombly ssttwted initially and from time to time by Leader on the bash. of %amsmoara and bilk and reasotabk estimates thereof- <br />The Funds tdsali bs hafd in as imuluum the deposits or acrinuats of which are inured or guaranteed by a Federal or not agency (mdudutg. <br />Leander if Leander to tssdt an matution). LerWer thali apply the Funds in pay said taxes. samasmatot. insurance premiums and ground rents. <br />tAndar may "or dtarar fix sit holding and applying the Fundi, analyrung said iscom nt or vtnflving and compiling said assessments and aft, <br />unless I,aanda Pays Bwr~ mien» on the Funds sad appl cabfa law permits Leader to make such a charge.. NurtoWtr and Leader may agree in - <br />wrroag as thw oast of "Mutton of it". D"d ot'trust that interest on the Funds shall be pod to Borrower, and unisss such agreatt"t is inada or <br />