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<br />VI-5 85. 006240
<br />Ulowatia" c0soleataft borrower a" Leader cossomoant and agree as follows-
<br />11. P"uww so P 1 4 1 ad bonaL Swasever sham promptly pay when due the principal Of and interest On the
<br />waitlasdweae evidenced by OW t46W PWOPGVWARt and bee C&Wgft ft Ptoviied in the Note. and the Principal of and aft"
<br />m a Fed Adisomest sewed by this Heed of Tem.
<br />1 vam6 #W TL stood ltoaarse. Whiect to aI I lieatde law of to a written waiver by Leader. borrower sleds
<br />10 IMWK On the day mwdMy imls%wAMU 6(prisocipid and inie" art payable Instiller the Ntwr, until the Note ft powers Isso.
<br />As WAM #aleiw -PwAn OPM wow-ft v" of the yearly loan and siturnmensts which may estrous priority over that
<br />DoadefTsival. too dS '"Isism cat the Ple"Ily, d any, phis tate•swelfth of yearly premont onsianatents, (or hazard assurance,
<br />Plan Of*-t*@Mb Of Yslft Premium MtWhmnb W morigage insurance, if any, all as reasonably cumased initially and from
<br />tm* 20 SOW by Ls*dw m the bmsk of avomm=ft and bills and reassombille cosiroulles; thereof.
<br />lice Fosak shall beheld im as moolsoostiont the depillaits or accounts of which are insured of guaranteed by a Federal or
<br />stow agency (iniFlooding Lisailosor if Leader is such an iwasillootion). Lender stall apply the Funds to pay said lrotc%, astes'sacrim
<br />mosseralace parnstalmot waill Iround.cos . Leader may not charge for so holding and applying the Fargo. analyzing said account
<br />lar sou ft and ,p iplli said anotionstoem sonsill billit. qt I Lender pays Door vowe. interests on the Faivelfit and applicable law
<br />=a is stake swells a cheep. Ban ovm and Lender may agree a writing at the jurne of cresecialsoia of Ibis
<br />1 Trust "m i It I I ON Ot Fm& " be paid to Botraloweir, and unless such agreement is mode of applicable law
<br />ronparin ouclk asset so be plaid. L, - le it" not be required to pay Borrower any intere%t or carriap on the Funds : end"
<br />*%A gist to boo owes. without charge, an &unions accounting of the Ittionolk -.1towints credits and delson to the Fundit and the
<br />for whits :adz d*kfAthe i41i was aside. The Funda we pledged as addiftlowits security for the suffix secured
<br />16, ill* Dead of Titea.
<br />It 11he amomm of the Ftswdt held toy Leader, together with the future nmmlhiY i-taftmenis of Fund% payable prior in
<br />the 4im don *I "RAW aseeenrtaMS "OW m prewsituns end *round rents, *Wl exceed the amount r"lared to ray said tallies.
<br />anowneatk wouraince presawwms send g►emuWWW Imm"Ww" u IIWY fall due, such excesio stall be, at borrower's option. either
<br />=is"now to Borrower or credited to Borrower on maNhly ilmalhlm Is of Funds. If Abe affloum of the Fuledot
<br />Lender *0 snot be andlemiat to pay istatex. ameoweau. insusir"= premiums and ground rents as they fall due,
<br />Ommma Illsoll Pty to ;my =�m asicarisery to unlike up the deficievicy within 30 days from the daft notice is mailed
<br />by Leader to S . paywaI thereof.
<br />UPM pttymeat in full of IM man secured by this Deed of Trust, Lender shall promptiv refund to borra.ci, anv f!:.ij,
<br />said by Leader. If stages paragraph is be.. the Property is sold or chic property is oillerw"16c acquilled by I ender 'l ender
<br />out aW). no bar than mistoodissely proof to the sale of the PnWriy or As Acclimilian by I-crijer. any Fund% hctj by
<br />Leader at do Ime of application a a credo agema the stories secured by this Deed of Trust
<br />3. Andirovillon of Unless applicable law providei, oibstrwrist, all payment% recc.,vtj by tender under the
<br />I*ft WW PWUVAPM I road 2 hereof WWI be applied by Lender firm in poyment Of amounts payable to i crideT by Borrower
<br />Mader paragraph 2 hereof, ohm to wit"resit payable an the Note, then to the PflnclP21 of the Notc. and then to interest and
<br />plass: a so any Future Advamm.
<br />4. Clets"s; Elitism Borrow" SWI pay all laftes, tressellownts and other charges lines ano -nipimmons jurthivi.,bir to
<br />On Frosqnsely which stay socialist a priority over this Deed of Trust, and lea-ehold payments or ground rents, if any in the
<br />mumm PIohddd under poksa~ 2 hereof or. if not paid in such manner. by Borrower making payment. when due. directly
<br />to doe payee lbefsssof- Borrower shall prosselpetly famish to Lender all nsattcea of amoamn dive under this paragraph. and in the
<br />Borrower *AN woke payment slasectly. Borrower shall promptly furnish to tender receipts evidencing sloth payiniens,
<br />Narrow. foloalf promptly dischoW any hen which has priority over this Lkcd at Trust. provided. that Heni—cr shall ,.it
<br />required to discharge my sum hen so long as borrower shell agree in writing 40 the Payment Of The ohl4git-n secured b%
<br />such hen to a wawa acceptable to Leader. or ~ in good faith contest such lien by. or defend crifuicerrociii elf sisJs lien in
<br />i"W Proccedinim which operate to prevent the entorcettsenl of the lien or forfrijoic ()I the Property or Any part thereof
<br />tea! ittwrsee, Borrower shall keep she improvements now existing of heireafici erected on the PTt.per,,y insured
<br />ending I" by 11kc. hazards included within the term "extended coveratio. and %lach office hauvd! as I ender may icqnsre
<br />and a such amounts mid for such periods as Lea&f may require: provided. that Lender shall not require chat the amount m
<br />such CrAvror exceed thus surnownt of coverage required to pay the"Sourns %ecured toy the,, Deed of Trims
<br />The useurrace ca.-Irser providing the moluffience shall be chosen by Borrower jinbleut 10 approval by I coder prollidE.1
<br />dw such wpproral ttYaN WIN he unremwo* withheld All premiums on insurance policies shall be paid in the manner
<br />Prim'" tinder lweagrwpa 2 %wed or, if out paid in such manner. by Borrower making payment. when dur. directly to the
<br />reaweacc cattier.
<br />AN ~smce policies and renewals thereof shall be in form acceptable to I ender and hail ,n ludic a standard mi,
<br />�ffolaslr
<br />clause in fewer of and in form acceptable to Leader Lender shall have the fight to heild the pillILICS -.rd ene—iii thereof.
<br />mid Borrower shall promptly furnish to Leader all renewal notices and all receipts of paid prcessonern% In the event of octal,
<br />"roses shall give prompt wasece to the insurance carrier and Lender. Lender may maoc proof of lot, q nut made I"MIX4
<br />Unless Leader &W Borrower otherwise *Fee in wMing, insurance proceeds shalt be apps" to rc,ioratron Of repair W
<br />she property damaged, provided such restoration of repair Is economically feasible and the %ccnrily of that L)ecj of If ,it r,
<br />sal Hereby m4mned If such reirsora Iron or repair anot economically feasible or if she security of this Deed of Itasi would
<br />be mpatied, she assurance proceedo *W be applied to the turns secured by this Decd of 7 rue. with the catein,, if any. paid
<br />SO bm*w" If the Property so abandoned by Boirrowel. Of if Bar rowel talk to respond to Lender within 30 day% from itic
<br />date rAIXT it washed by limillef to Borrower that the Insurance carrier Offers ID SCHIC a dalm lot isollulams: benefit, Icsider
<br />111 umbwavd to CONKI and apply the ~ance proceeds at Lender's aloission tither to restoration or repair of the Property
<br />of to ft vim secured by this Deed of Total.
<br />Ussisties trader and boorwever coberwise agree in writing, any such application tot proceeds so pttFK,pji shall jilt extend
<br />at postpone the door deft of the mandsly, iMz!lnwnu referred to in iaragraphs. I ins! 2 hereof or change the amount of
<br />lack tmuNwdms If undo paragraph IN her at the Property it acquired by Lrsider. ill right, title and interest at Borrower
<br />1011 OW 10 MY UMnGftt policies and tin and to the proceeds thereof resulting Irani damage to the Property print iv the sale
<br />Of wOmmim 008 pass to Under to the extent of she onals; secured by this Deed of Trutt immediately prior to such sale or
<br />&94&mb"
<br />6- por—easoluse solid MkhM— at reallis"IN La'solossibieW COO&M*4wmg-- Planned Unk Dirsielloposeemb. 11offrowe,
<br />%hall keep she PfN*"Y -a Suald repair and shall not commit waste off permit tnorallfilicelf of JcJcfteviajn of the Property
<br />wWOW COMPY with the sarisivirs"onsof any tearer i(ohis Deed of Trust non a leasehold It this Deedul -Tiusi son a onto one
<br />C*Nd*mmmm or a plasinsid wall development. Borrower assets pedorin all of Borrowers obligations under the declaration
<br />or C*ft#Mw ctmms of 80lconift doe C--d--mom of planned unit deirelooloments, the by•lowa and regulation% of she
<br />coadmemom far pseassed WIM devt$DPWNM. 04 COMMIJUCO" documents 11 a condominium ur planned staff de.essisimenj
<br />foolloor as taticuled by bwr~ and Molded I "OlI&O lw" Deed of Truill. the covenants and agosmilogrillb of Wath etc
<br />he - - P slmffwnts of Ibis Eked n1 Trust at it rise order
<br />p
<br />wav ro
<br />e a uts hat
<br />1. om at 1A~* isrsMy. If Sftf~ filth to Perform the covenants and agreements contained in Ihn
<br />tkW Of TfM. m if "Y *MID* or 0 weldsladl is Cosswimenced which materially affects Lenders Interest in the property.
<br />ciddw
<br />1111. but rM to, waimffl domaills. ca* so"jorcemost, or affs"Ife"Wals of proceedings in v
<br />lostallosupoleir faeoiso drew L&WW at Lootoderso vol ing
<br />ovione sold Ube tack wimp go a soneftellory I solosit'll- UPOR 1104kc 10 Borrower, may make such appearances dtillsurse such
<br />Z I Undets interest. irKluding, but not limited to. disbursement (11
<br />"AV"* olkmm*s few said Story open to make reports 11 Leader r1riltaired saintillsopt insurance oli a
<br />*00*6" Of OW—"$ *9 ifts Jecarsed by dws Dud of &arm*,, shall
<br />lao-wi W in AW in" rAh Jim as I" riesque"'Iments PSY the premiums morwifes! to maintain each
<br />few such intsurancor terminates in accordance with Borrower's and
<br />taloader-6 wriose" egtaatttaM or applicable low. Switowel shall Pat 'be torims" of all "WI&SIC Iftstirtnct Inerristins, in the
<br />WA-W phoormod will" posewspill 2 heir .
<br />of Bstrrswa A 4 b'-'Nd by Leader possolossim" 10 04 pgraraph 7, with interests iftercon %%311 hettlome 3ddl#l4%n.lj
<br />—coned by this I)ftd 04 Trust Unless Borrower said I ender agree in c4hrr scorns of plillow", %a, to
<br />uimaurtI *Abbe Poo-bk floplift "fee from I-endt. 10 Borrower requesting payment Itittrol, and shall hem, itilefe"I from the
<br />date Of 4MOrDwRiNi at ON M" POY&W from time to time on valitiondws; principal under she oquir littlest payment of inottest
<br />a onsess lisesse would be C*Wt*ry I* SWOC'" low. in which ewe"' "Itch OMOUM" 'hall heat mitrorio at the h,lthe%t tole
<br />bpay m KgMb" h uendnr dseebe law Nothing Centel"" In this paragraph 7 shall ftqu,re Lender rat .scut 0 t el penst nr take
<br />111- JGO-ilm. (.ender may make of tatia, 10 be me
<br />floor lender ithalt jlo�t borrower IWAICC pi "or so any SUCh 4141 MA10114hit t"Ifir' ,Pn,i imo of Ih, Pt.'ro"ll pf'—diij
<br />.,-00000f in this Froomv 01splittle," specifying 'ealonahle ".A, 1111'eh., 'etlaird I., I ,Jc, ,
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