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<br />r- <br /> <br />r <br /> <br />84-008327 <br /> <br />~.... interest to be paid, I..cDder sball not be required ti> pay Borrower any interest or eamilllS on the Funds. I..cDder sba1l" <br />Jive to BorrowJ,.~ tbarse, lID annuaIllCCOUlltinc of the Funds soo..illll credits ;and debits to the Funds and the purpose for whidt each <br />debit to the funds was made. The funds are pIedpd as additional securily for the swns secured by this JJeed of Trust. <br />If the IlII10WIt of the Funds lIdd by Lender, loaether with the futuR monlhly installments of Funds payable prior 10 the due dales of taxes, <br />_IS. iaswua: premiums ud IftlIIDd nmts, sball m:eed the amount required 10 pay saiI;t lUes, assessments, insurauce premit11115 ud <br />srouml mats as !hey floU ~... suclI_ sball be. at Borro1m"s optioo, either promptly repaid 10 Borrower or credUed to Borro1m' on monthly <br />ifI5Ullmmt5 of Funds. If the amoum of the Funds held by Lender shall not be sufficient to pay lUes, assessments, insuram:e premiums ud <br />IftlIIDd mats as tIley fall due. Borro1m' sIlaII pay to Lender any IUIIOOnt necessary to make up lhe deficiency within 30 days from the date notice <br />is mailed by Lender to IIorro1m nqucstiq payment thereof. <br />Upon payment ill fvII of all sums sec:ured by Ihis Deed of TiUSI. Lender sIlaII promptly refWKI to Borrower ally Funds held by 1AIIder. If <br />under pIIlllSrlIph 18 hereof !be Ptopmy is sold. or !be Ptopmy is otherwise aequi...... by Lcndcr. Lcndcr shall apply. no laler than tv Ii M~ <br />prior to the sale of the Property or its aoqllWtion by Lender, any funds held by Lender &llhe time of applica&ioo as a cn:dit apinIt the sums <br />-.:d by INs DIed ofT..-. <br />3. AUf 111'...,...... n'f Unless appIic:abIe law provides otherwise. all payments received by Lender undez the Note and JllIf'8II'8Ilhs I <br />and 2 bertiof sball be applied by Lender first in payment of amounts payable to Lender by Borro1m' under pIIlllSrlIph 2 hereof, INn to iDtcrest <br />payable 011 the Note, then to the principal of the Note, and then to interest and principal OD any I'uture Ad_. <br />4. ~ IJIaL Bonower sbaII pay all taxes, assessments and other charaes, fmes and impositions attnllutable to the Property wbidl <br />may attain a priority O\'a' this Deed of Trust. and Icasehold payments or cround rmts, if any, in the _ provided under par8II'8JIb 2l1enof <br />or. if not paid ia suclI manDer. by Borrower makillll payment. ",hen due, directly to the payee thereof. BorroWer sIlaII promptly fumish to <br />Lender all notices of amounts due under tbis parqraph. and in the event Borrower sbaII make paymeat directly, Borrower sbaIl promptly <br />fumisb to Lender receipts evicIeacina such payments. Borrower shall promptly discharae ally lien wbic:h has priority over this Deed of Trust; <br />provided. that Borro1m'sball not be required to dilCharle any such lien so 10Dll as Borrower sIlaII aaree in writiIIc to the pa,--t of tile <br />obIiption SClCW'ed by suclIlial in a _1IIXCptllbIe to Lender, or shall in good faith contest suclIlial by, or delead CBforcemeat of suclIliaI <br />in, lcpl proceediqs which opcrale to prevent the enforcement of the lien or forfeiture of the Property or any part thereof. <br />5. 1'-'1 ~ Borrower sballlccep!be improvements now ex;stin& or hereafter em:ted 011 the Property ilISlIm1 apiIIIt _ by fiR, <br />hazardli illduded within !be term "extalded coverqe", and.uch other hazards as Lender may require and in such amolIIIlS ud for"" periods <br />as Lender may require; pr-~ided. tIIal Leader shall not require that the amount of such coverqe exceed that a.moum of t:OVCfIl8C requind to,., <br />the swns IiCICIIRd by 1>115 Dca:I of TI'tIfi. <br /> <br />-n- ~_u__.............. ~~~..... .................__ ...........u '-- ........~..-::.~. ~=::-.:;-= :;:.:~;::: ~.:::y;=z~.-;'::;~ :;~; ___..t.~._" ~..._. <br /> <br />L <br /> <br />sball not be ~~. AI JlRIBi- 00 HwrIlDCC policies shall be paid in the manner provided IIIIdcr ~ Z IIInef or, if_ <br />paid m suclI_, by Borrower mU.ina pe~, when due. directly to the insurance CIIlricr. <br />All i-.ce ~ ud .-- t!Ienof sball be if! form acccpuble to Lender and sbaII include a standard mortpjp: dauM ill ra- ., <br />and ill form ~ to Lender. i.eDdcr sIlaillleve the filht to hold the policies and renewals thereof, and Borrowa' sbaIlllfOllltllb' fiImiah to <br />Lendcr all rmPaI notices and all ~ of paid ~s. I" tbe event of I~s. !lorrower sballpve prompt IIotil:e 10 tIIc ~ CIIlricr_ <br />Lmdet. Lender may mlIi:c proof of Iou if not made promptly by Borrower. <br />U'" Lender aed Borrower ot!It:rwiac .. in writ.ilI&, HwrIlDCC pr~ shall be applied to restoration or repair of tile I'roIMnY <br />daInIIpd, provided suclI ~ or repS is ~y feamble ud the -uy of t!liI Deed of TI'tIfi is nor thInl:Iy ~ If tlUCtI <br />restorlIti<m or repS is nor ~ fcuible or if tIIc security of this Deed of Trust would be impUed, tIIc '-- pr..-dI .... be <br />~ totM _ __ bythia o-tofTl'tIfi, Mt!I the e_, if IUIY. paid to Iorrower. Iftllc Propeny isabudormi by Borroww, <<if <br />Iorrower f. to I'CIpOlIll to lMIdIr widUD 30 4aJ1 fram tlw dale IIotil:e is maiJed by lMIdIr to Iorrower lIIat !be ~ CIIlricr orr.s 10 <br />_tie .. ,:iIIim roo- iDlNnIIIcc~. Lendcr is ~ to colie<:t aad apply tbe i~ proceeds at Lendcr's opcioft __ to 1_8Iicm 01' <br />repair ,~f llae Property or to the sums NCtIt1llI by this Deed of TIWt. <br />Uah. "" laIder lIIIIIlorrower 0Iherw&Ie aaree in writ.ilI&, uy SlIidI application of proc:eeds to principal shall not atcfld or ~ tile due <br />dale of 1M ~ ,-- -'till. mernd to if! 1*_...... I aad 2 lIcnof or ~ rhc _ of sudI iIIIr.lIaI...tI. If under ~ 18 <br />bertiof the PI ..".ny is ...... by lMIdIr. all riattt. title aed ~ of Borrower in lIIIII to ally ___ policies _ iII_ 10 tile ~ <br />~ ~. from""" \0 rhc ~ prior to !be" or ~ shall pua to LaIder to !be _ of !be _ ___ by tWa Deed <br />of T..- i ~",." prior to sudlsaIe. If aeqUlititioft. <br />6. "'-.AI JI .. .. . of ........,.: I . J": C J . ....... UtIIt Old' , . 1Illn'ower...... tile <br />Property in JOllll repS ad shall not COIIIIIIIit _ 01' ;xnnit ~ 01' dMcrioratloR of the Property ud shall comply wida tile ~ <br />of aey '-ifdiia DeeltofTrust is OU~. IfUlis Deed of Trust is 00.. ill aood "l' '_or......... _ .-.,m..t. JIorrutm <br />lIhaII ..norm aD of Borrower's Q\'ltI>W+' wader the ~ Of ~ cmWlIa or JCmIrDiIIa tile (QDlhl!lllai_ << ........1IfIit <br />a.IiepI8 rlt. tIIc by-...... ad ~ of !be COlICicaIiIIiun or piulalld . ~n pmllll, ud ~ de ~III" Inll. If a ~ IlOIk IlIMglllor <br />~ .. e.lOplII..1 rider is euc:tded by Borrower ad I'<<Uded toplhef with INs Deed of Trust, tile ~ _ ....- of sum <br />rider shall be~iIlCo_ sIlaII-.J ad ,...,I_the ~ and ....!uu.u of diia DeetlofTrust as ir tile rider.... part <br />!Imlllf . <br />7. ............. ........ ....,. If Borrower rails to pcrfllBl the l'OV_. ull_ IIIIS c.mtained in this Deed of Tnast, or if aey <br />IIl;tiQII or procecdlna ia eQ Dllllllnt:ed wtIid1l11allCria11y atfccu Lendcr's imerest in 1M Property, indlldiJla, but nor Ilmited to, erm-t ~, <br />~. eocIe tIItoI UIIUDI. or amtlllf. II I. or lI<<Iudllllll ift'llolviq a batlkrvpl or ~ llMo Lender lit lMIdIr'. optloa, lIpoR notice <br />10 Iorrower, .., mHc sum ..,~, <1is~..nc sudlsums ad tHe sudI actioIl. " -r to prol<<t Lader's iIItt:nat, lndudlIII. tNt <br />All! ~ to, M..l~..t of =-mllllc 1IltGrIICy'. r__ muy l&pOII tile Property to maM rcpein. If lMIdIr requim1 ~ iaswua: <br />lIII a ~ of lUtIIII the '- sec:ured by thit Dca:I of Tndt, Borro1m' sIlaIl pay tM premiums requim110 ___ suda i_ ill eI'ftct <br />lIIIUt suclI time. tIIc ''''1111111 for sudI ~ ~ in ~ wiUJ Dorrower's aM lMIdIr's 1l'I'iuctJ .-- Of appIieabIe <br />.. Borrower sIlaIIpllftlle ~ of alllIIOl1.. iaswua: premiums in the _ provided __ ~ 2 bertiof. <br />A8y ~~ IIy I...eIIder lNfWUC 10 tlm ~ 7, wiUJ i__ tllelwn, sW __~ i~1 of Bor~ <br />-..a by tlm Deetl of Tndt. U'" Borrower _ Lender .. to other I.IN of payment, suclI _ sW be paYAble ~ notice f\'oIII <br />l~ 10 Borrower ~ ~ dlmItlf, and sW "- iIItt:nat from !be dale of ~ 1Il11ee,.. ~ fYonI time 1(\ time 00 <br />-'11 illllf, ~ 1iIIIIIr _ Note.... pIIJIIIIIM of i__ at >IIdl rate woold be -.rary to ~ law, ill..... C'VCIIl suclIllII1OWIt.i <br />.w... ___ II tile ~ 111M ~h __ ~ Ill.... Notllins oonlaiMd in t.. 1*'- 7 sW ~ I.Cftdcr to iIll:w uy <br />~."Uf~~. <br />t. b.v .~ laIder.., fINM or _10 lie... ~ ll1lttieli l&pOII and iMl*lloM of !be Propeny, ~ tlllll ~ lIIWl <br />11M Borrower fNIine prilIr to IIIIY'" ~ ~ r-'* C811M IMilefOf rlllltc4to LaIder'. i__ iA!be ~y. <br />., t' J r, n. ~ of IIIIY IlWWII or t:Wm for ~_. tlim.1 or l~, in c~ with an)! l~1Ial1oo or <br />loClw __ of rhc ~,. -l\IIU"li tllemlof, 4lil' fur ~ in 1i<N 01 c~. /in Mildly ~ and sIlaIllle I'tid 10 L__, <br />Illlrlrlil'...... of Il~__of- ~1y, tIIe~ lIIWl!!oll~ lotM IltIm KalflKl by lm.l~ ofTIU$l. "'ll!lIM e>l_. If nny. <br />llIlloIlIO~. III tile -* of a~_jill&of 1_ Pr~l. ~ hfr_.. L~ OI__Il!Pl'e '" W'-.tl~, tlme ,hAll bot ~ifkl <br />t,) tile _ _tJiII "'" I." [~<:If tl'tlfi ~l Pflop:>ftl<m ~>f tile Pftl>t~. a." <<oq~ '0 Ihall'fOl'<>rllon whkllllle ~mou'" ,., l!l~ "lfn' Wf,'U!O'tj <br /> <br /> <br />I <br /> <br />-1 <br />