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<br />UMWMM Cavtaratrn Borrriwet awd Lender covenant and agree as follows
<br />1. pall 69 hiWiPgA and Iaseas@L Borrower shall promptly PAY when due the principal of and anteicu on the
<br />sadebsudoses evuraeaced by the Nets, pn*ayroewt and late charges as provided in the Nose, and the principal of and interest
<br />omen Fwue Advances wcwed by th* Deed of Tress.
<br />1 F=6 OW TMU tlwd Iawnaaes. SWhPWt to apphcahle law or to a wiNtM waiver by Lender. Bottowar shell ppaayy
<br />to Leader oa die ttyr WaNklyr ONNO tAM of pfineipai and interest an payable trader the Nr�, until the Note n paid on rtdl.
<br />a woe Ihaam 'Pardo °l actual to oft nmowsh of The yearly tame sad assessewnts which may attain p(toftty over this
<br />said of Trust, aid seemed re" on the Property, of any, plus orae- twelfth of yearly premium inuMimenas for hazard Insurance
<br />phi -- twelfth of yearly premium omadmems for watt=age insurance. if any, all as reasonably cm.mated int"ally and ltom
<br />Lane to sane by Leader as ehe how of amemimmta and bills and reasonable estimates thereof.
<br />The Funds AM be held in an imutsafae die depesas or actatatu of which are insured or guaranteed by a Federal or
<br />slaw ase tcy fisckidiog Leader of Lender is suck an institution!- Lender shall apply the Funds to pay said tames as%csvmcnts.
<br />tmwaoce premrms and VOWA rats Lender may was charge for so hofdang and applying the Funds, analyzing utd account
<br />or verifying and eoaapilling said aswomewss wad bills. unless Leader (says Borrower interest on the Furuds and applicable law
<br />psrseaa Lewder to snake such a cherW Barroom amt Lewder asst' norw in writing at the tonic of execution of thts
<br />Dead of Trust that ormseresl on the Funds shall be paid to Borrower. and unless such agrantem as made or applicable law
<br />requites such interest to be pad Lender ahblt was be required to pay Borrower any anterc%t or catrun#s on the Furids lender
<br />Ma" give to Berrowa, without charge, as aamW sccoumtrig of the Funds showiag credits and de`iats to the Funds and the
<br />I which sack daYit to the Pwds was #slide. Ile Fwd# are pledged as additional security for the sums secured
<br />the Dead of True.
<br />It the maomt of the Funds held by Lender, together with The future monthly installments of Funds payahtc prior to
<br />She 4k* 42M of tastes, atiataewenta, nwwamm premmomms and ground mass. shall exceed the amount regwred to pay said taxes.
<br />aratmerAlk instance premiums and Visaed rams as they tall due. such excess shall be, at Borrower-* option, either
<br />repaid to Borrower or credited to Borrower on monthly iaatatimamts of Funds. if the amount of the Funds
<br />Lewder slsall not be eufAesewt to pay tames. asessaicals. insurance premiutms and ground rents as they fall dire.
<br />Bortower shah pay to Lender any aamowtt teeosary Io make up the deficiency within 30 days from The date notice is matted
<br />by tanner to Borrower i.equopy paynow thereof.
<br />Upon payment in frill of all sums secured by this Deed of Trust, Lender shall promptly refund to Borrower any Ft:...ts
<br />hold by Leader. If under paragraph I hereof she Property n std or Ill&. Property is ocherwme acquired by I ender Lender
<br />alit" apply no lawn than inomedwAdy axm to the saw of the Prnperty or its a:gw,own by Lender. any Fund, hod by
<br />Leader el the time of application as a creme asairm the sums secured by this Deed of Trust
<br />3. Application of Peymeaea, Untas applicable law provides otherwise, all payments received by tender under the
<br />New rued paragraphs I and 2 hereof shall be applied by Leader first in pa runt of amoonot payable t., Lender by horrowcr
<br />unifier paragraph 3laelwreo(, IlseA to mlereat payable at the bloat, tfxrt W eke principal of Inc Note. and then to ontcres: and
<br />paft-Tell on any Future Advances.
<br />4. Charges- Idea Borrower shall pay all taxes. asstsmmenty and other charges_ fines ai3O ,mgxls,tions .curt uiahic to
<br />the Property which easy utait a priority over this Deed of Trutt, and ka'ettold payments or ground rents. rf any. to the
<br />maser provided under paragraph 2 hereof or, if not paid in such manner. by Borrower making payment. when due directly
<br />To the pptayore thereof. Borrower shall promptly furnish to Lender all naoccv of amounts Jim under this paragraph, and in the
<br />seven Borrower shall make paytmeni directly. Borrower shall promptly furnish to Lender recetpse evidencing mush payments
<br />Borrower shelf promptly diackarie any lien which has priority over this deed of Irust. provided, that Itottrowcr chili nix be
<br />required to discharge any such lien so long as Borrower shall &&me in writing to the payment of the obligat n wicu :cd bi,
<br />such lien in a mattaer acceptable to Lender, or skill to good faith contest such lien by, or defend enforcement of su.h lien in
<br />legal proceedings which open" to prevent the enforcement of the lien or forfeeure of the Property or any part stereo!
<br />S. fleaer� ikomm e. Borrower shall keep the tmprovemetts now eatuing or hereafter erected on the Propcny insured
<br />against loss by Arc, hazards included within the term "extended coverage and such other hazards as I ender niav require
<br />and is such amounts sad for such periods as Lender may require, prow d. that Lender shall nor require mac the amount ..t
<br />such coverage exceed that amotint of coverage rtqu:red to pay the sum, secured by 1h, Decd of Trust
<br />The insurance ca...rer providing the insurance shall be chosen by Borrower subject to approval by I ender prov,Jc•i
<br />the stitch approval shall sew be unreasonably withheld All premiums on insurance policies shall he paid in the manner
<br />provided ender pvagsapb 2 hereof or, of not paid in such manner, by Borrower making payment. when due. directly to the
<br />lmwraoc carrier.
<br />Alf /nsurace policies and renewals thereof shall he in form acceptable to I ender and shah include a staud,ri m?rtgatie
<br />clause in favor of and in fortes acceptable to Lender. Lender shall have the right to hold the politics .,nd rcnr its thereof
<br />and Borrower shah promptly furnish to Lender all renewal notices and all receipts of p,, J premium. In the :sett of log.
<br />Borrower shah give prompt notice to the insurance carrier and Lander. Lender may maLc proof of Ions it not nude promptly
<br />by Borrower.
<br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds ,hall be applied to restoration or repair of
<br />the Property damaged, provided such restoration or repair is economically feasible and the security of This feed of Trost as
<br />not thereby impaired. 11 such rrnoraion or repar is not economically feasible or if the security of this feed of T rise would
<br />be imported, the Insurance proceeds shalt be applied to the sums secured by this Decd of Trust, with the excess. II any. paitt
<br />to Borrower. if The Property m abandoned by Borrower, or of Borrower fain to respond to lender within 30 davit from the
<br />dew notice is mailed by Leader to Borrower the the insurance carrier offers to settle a claim for unutrancc benefit. I ender
<br />is euthorusd to collect and apply the assurance proceeds N Lender's option ether to restoration or repair of the Propt:ny
<br />or to tits sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in wrturiC any such application of proceeds to principal shall not extend
<br />or postpone The due hate of the rrroathly nnstz :iments referred to in raragraphs i ..nd 2 hereof or change the amount of
<br />such imtatlmeam If under parwapuh Is hereof the Property is acquired by Lender, all right, title and uaeresi of Bclrrowcr
<br />m lied to say insurance polcits sad in and to the proceeds theirecif resulting Irons damage to the Property prior to the sale
<br />or wcgwmicin shalt pass to Lender to the exwm of the sum secured by this Deed of Trust immediately prior to such sale or
<br />&"-it —.
<br />L Pneervadea head Msbr/taaete of Pe penyf Letmthalds: Caedaminko Pleased Unk Dovdop#tw s. Borrower
<br />shalt keep the Property in good repair and shall not commil waste or permit inipa.anu•ni or Jcicruxiiutn of the Property
<br />std shall comply with the provisions of any lease if this Deed of Trust is on a leasehold If this Deed of Trutt is ern a unit in a
<br />cordommnre or a pleased unit development. Borrower cull perform ail of Barrower's obligations under the declaration
<br />or covenants creating or governing die eoodommoomrn or plaomed unit development, the by -laws and regtularinnm of the
<br />or paaaaed use development, and constituent documents, if a condominium oe planned unit de.clopmcm
<br />rider is casein by Borrooer wad recorded together with this Dad of Trust, the covenants and agreements of such rider
<br />dull he lncorPornsd iwo sad shall wmwmd and supplement she covenants and agreements of this Deed of Trust as of the role(
<br />WM7. %Pwluerea of LMiw's Sociality. if Borrower faik to per(otto the covenants and agreements contained in this
<br />Dead of Trust. or or any action or proceeding n commenced which matenali) affects Leader's inter m in the Property.
<br />inckdins, btu not Imaded to, eauaem tlortssi0. wasoivency. code enforcement. or arrangements of proceedings involving a
<br />bm*" of decedent. dun Leader at Linda's option, upon notice to Borrower, may make such appearances davhurse such
<br />smmse and take each action as is necessary to protect Lender's interest, trscluding, lout not limited to, dnhuasemenl of
<br />ralmoa•ble mlofesy's bits sad Wary upon the rT erpeny to make repairs It Lerde ralwred mortgage insurance as a
<br />ceadd" Of "akin$ the lose secured by this Dead of Trost. Borrower shall pay the premiums required to maintain such
<br />rwnmaoe M epees until such time as the raper emeas for much rmurance Terminates in accordance with Burtbwcr i and
<br />Lender's Wmmm asnerasM of appbeshle few. Borrower small pay the amount of all mutga$e Insurance prailamms to the:
<br />rMraer provided modes wpaph 2 hereof.
<br />iadeimNe Swouess dabiated by Lewder PmtKuM to this paragraph 7, wish rmcrea thereon shall httiume addtuon.tl
<br />of Bortewes secued by this [Aid of Trust. UMea Borrower sad I ender agree to other tams of pssyment vets h
<br />stmowms ~ he payable upon nice from lender to Borrower requesting Payment thereof. and shall lean interest from the
<br />data of disbwaeoa i at the raw payable from tiwe so time on outstanding principal under the Nore unlea payment of interest
<br />m witch rate would be contrary w Applicable law, it which event such amounts shall bear Intemm at the highest rate
<br />pam"Alk Tin I applicable labor. Nothing contained in this paragraph 7 Mall require Lender In Inchilf any expense or take
<br />my act hereunder.
<br />B. lmlpftlbm, terden may make or cause to be made reasonable courts upon and ,nspecuons of the Property 1- -dej
<br />that lender shall give Bool"et notice prior W say such Inspection sptti(yang reasonable t,uox thereto, relate® u, 1 ti.Jcc .
<br />interest in the Proeenv
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