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<br />84 ~-- ti004s3
<br />i.lvu~our•t t'avrtrnN~ts. Rornnvrr and Lender covenant and agric as tolfnws:
<br />L Payment of 4'rincipa! and Interest. Aorrower ;hall promptly pay when due the principal of and interest on the
<br />iudehtcdness-cvidcnrcd Hy !hcNotc, prepayment and late charges az provided In the Nrnc, and the principal of and interest
<br />on :my Pntirre :hh•aoecs-daetard by tluv Ueed of l ra;f. - -
<br />2. Funds for '1"axes and Ihsnranee.. Subject to appiicatrlc law ar to a written waiver by Lender, Borrower shall pay
<br />u, lender vn the day monthly installments of principal and interest arc psyabie under the Natc. untihthe-Note is paid in-full,
<br />a sum (herein "Funds"t equal ua one-hselfth a( the yearly rases tn[d ussrssmedts which may attain priority aver•thls
<br />Deed crf Trust, anti groundrents orrthe Property, if any, phis one-twelfth-of yearly premium instalittrents~fnr hazard tnsurarice.-'- .
<br />plus cox-tweitih al yearly premium installmtmc for martgpge insurance, if any, .dI as reasonably estimated initially and from.
<br />time t++ time b}° Lender an the basis of assexsments and hd7s and reasonable tstsmates thereof. - - -
<br />"fhc l=ands short-be held in an institution the deposits or accounts of which arc insured or guaranteed by.:rF¢derai-or--~
<br />state agency (inchtding Lender sf Lender i; such :at iusuuuion). Gender shag apply the Fundsto paysaid.tazes: ~es§essments;
<br />inswancc prensiutns ,red ground rants, tender may not charge for so bntdmg and applying~iht Funds,-analyzing. said,.accoynt -
<br />ur vtrifyine and compiling said assrssmems and bills. unless f_cndtr pays f3orrrswcr nrterest nn the funds and"appliethlt93w,
<br />permits t ca,der to mnkt such a charge. Borrower and Lender may agrc~s: in writing at the time of executititi isf this.
<br />Dead of "tract that imerest an the Fund. shall be paid to Borrower, and unless such agreement is made or applicable-,law
<br />requiter Bach saucrtst to rte paid. Leader .,hall not ix required is pay Borrower any interest or earnin~x on the F,untlS.= Lender
<br />>irdi slue tr, Bnrrasecr, wit trout eiaarGa, air annual accounting of the Funds shoctaag cmdi;s and dthrfs to the Ftiitds. arr3 the
<br />purpc>sr for w)aich each debit In the Funds was made. 'l~he Funds are pledged as additional security for the -sutndsecared`~
<br />hs this Decal al Trust. ~ -
<br />lf the :rnunutt +?f th,~ Fund; held I7; Lender. ungether w°ith the rotate ntnnthly installments of Funds payable-)attar to
<br />the due dates of luxes, usse;smenn, msurancc premiums and ground rents, .hall exceed the amount required to pay-card taxes.
<br />asses,mar.ty_ insurmuc premmn±~ and :;rc+und n;n; :e, they tau due. such cacrss shall be, ~zr Borrower's aptino, either
<br />pr[rmprly repaid to Harrower or credited to Harrower on monthly installments of Funds. If the amount ofi~the--Fttrtds
<br />held i : 1 rarCcr .hall ~ ,ulfieicsa :.: p:n~ ;azos. av,essrnents. ia,ur:rn.a p.remittrns sod ;:rou.^,d rents s th_y fa[I -due:
<br />Harrower -,hall re's}° :,, Lender~~any artteurt nccexsan• t,~ make vu the dericicncy within iii day; learn the dare natter' ii mailed
<br />by Lender to Borrower requestrng paymcnr theroo'.
<br />Upon payment +n i±dt ur a!i sum, ee:~rtred hs the Deeai at ?rust. tender shall promptly refund nr Borrower any Funds
<br />",rid tw I_endcr_ tf under paratrapl; YY hereai the Property r said or the Patptrty is otherwise required by Lender. Lender
<br />shall apply. na lu[e+ than ;nrr:x:diatciy F,n: , ;_.: the .:dc c; the Pra;eri ar ua r~gttisa.Jr, b}' Lrhdar, s :; Fonds held by
<br />Lender at the umc of application as a crcdrt against the sums ,acurcd by ihts Dced of Trust.
<br />3. Appliradr.n of Fapments. Unless .:ptnc~ahic i.r.~ nrnvtdcs athcrwtse. all payments received hY !.ender under the
<br />iYOte oast paragraphs I anal 2 hereof shcdi he appbed f,,~ t d;utcr first to pagment of amotmts payable to Lender by Borrower
<br />rmdcr paragraph ~ hereof, Then to interest payable ar. the Nola, rhea to the prios+paf of the Nate, and then to interest and
<br />principal on env Fu;are .Advances.
<br />4. t.`harges: fAems. Harrewee shall lz:ry~ .:Ii taxe.. assessnt•nis -and ,shat charges fines and ~mpantians altrihuCrbie to
<br />the Pttaperty which may attain a pnonty over thtc Decd cf "trust. and laasehoid payments or ground rents, if any, in the
<br />tuanner provided ender paragraph 2ltrreof ,~r. i( not pai+i sn such manner, b}- Borrower making payment, when due, directly
<br />to tfie payer thereat. harrower shall promptly i;mush to islet.-r ail ~+onr~, ,~t ;unnunu due under this paragraph. and in the
<br />even[ Borrower shall make paymcnr ah recsly Horn+wet shall prvmtnly Gxmch to Lender receipts evidencing such payments.
<br />Barre wrr shaft pr.?mpg}' dLti:har~~e :,etc ilea ,, h+ch Sa, pnarit} Baer tl::. Uecd o! lTust; pnrt~tdeti, that Harrower shall nut ba
<br />r'egmred to iranv},t :.-t} su h i cot . t E -, i3;>rr„wrr -o s t -,,ra: a , uu»c r tbt na}meat of the ublig.num secured by
<br />:uch ]rte m a man,ur acc,tptabla a Lome+. of drat! :,, g..o 1 t , , con ~ t~h !.v + l ,r dcfcnJ enforcement of such lien in.
<br />legal pre>eeedrng? w}rich air;+te tcs ,vevcnt tits- rnt.uccuurt at the i;en or hntciture .,t the Property or any part tfiareaf.
<br />4. Hurd Inauranre. Horro,+cr ,hall beep the nn ,=+s-e tnenrs now e,tsung or hereafter erected an the Praprzry insured
<br />atantst lass by fire, t:atards included wnhia the rerm 't~sterdc,i clever, ce.. am ,uch other hate:ds as I ~ndrr may r'equtrc
<br />and rn sxicfr :uvannty :, rsd feu Bach Pcuods s t anai.~r ntu: xun+rct Arts:,ic.l !'-tat f ender ah.dl oat rcyuirc that the amount of
<br />such cover+t,a s: 't t v -uurnmt - .tag ~ d - -the s~t t --d 6y this D ui ~ lru=t
<br />The ins -rr~t r, tie t-.aa,dins m -rs+:o a. -sail +h :n~ sea v H~ now~r s tblc t t rLpro <d t ; lender. provided.
<br />that such appras al shoo no[ ~ umeux name .ihheid .vi i+c nnums ,m insu arcs rnhcies shall he prod in the manner
<br />provided under paragraph Z hereof ar. a =;ut paid :n Bach manner. t". Borrower making payment, when titre, threc[iy m the
<br />insnraoct carritr.
<br />All rosuran:e pallet-rs .cod rzaew u3; =.hcreot sh_ tt h~ ns ,,,r nr :r,:cp;.a blc rn 1 ender ,cod ,bait ;nck;de a standard mortgage
<br />clause in favor ai and ire t.;nn aexlai:r'ae to Linder i :;r,!tr ~h.+ii h.;+r ~!r=: ;~eht t.7 hu!.t the poiic~es •,nd rnew:ds thereof.
<br />and BarK}wet ehaii promptly tarmsn rs I ers,ivr ,', ,_,_c, ,..,n[rc z', ,,net .ill roc: pia cat pant ,orem;nntn. In the event of loss.
<br />Borrower shalt g;sz ptnnrpt our:.:: to are ~osur.e::.; _... i ~u..~.,.t i an,ir~ :ender nt.r. cook, i.nx;f : ~ i,:as :. „ai nr,;de promptly
<br />by Harrower
<br />Euless Lander sod Bor_tnwet otttcrm rse ski re s nnsvt>r, ,,=,arr.~+~r hn:: ecds ~.h:tit he oppittd to re,torauon ur rrps+r of
<br />rho Prnpertti d.nnaged, .r rv f d _ sets reetaratr ~ t ~+: s r nr ~ tf - :M- ~ d the u- urnv of th Decd of Trust is
<br />aai the[eby :mpaitrd. 1. .,ten ,._tarat.ea .~r at.patr n not c. a.,:: at, ad} t s t Ac : t :t the store ty ^t this Dced c,C I nest would
<br />be impaired. the nuura tzsc prexcede . t -alt br appi:c°d :o ih stn +:x En d by the t,> ~cd ai' "{rust wnh th c~i ass, tl any. pa+d
<br />m Harrower If the Yna~riy~ is .+b~ rd recd h} Hnrr.rwa•r -r rr Horrarw r - d. to ; pond to Lender ,rah n 36 days from the
<br />date nonce is made,! by !.ender to Horawrr that the nnuranaa .'arr;cr :+dee..o scatlc a chum fear roan unw hanefi G. Lender
<br />+s authorized to Cailtct and apply the insurance proceed, :n f code is ,gwou caber to tcsu?ruion ur reptur of the R~opcrty
<br />or to the sums secured by this fh-cd of Trust-
<br />Unless Lender and Borrower odurwisc agrcr m wrung, an}. >uch :grphcauon of proceeds In principal shall not extend
<br />or postpone the doe dste of she rnamhl} snstallmehts retch err tt~ to paragraphs 3 and 2 hertol or Change the amount of
<br />stredt instaBntents. If under paragraph i zi hereof the Prapc; tt ,h acgmrtd by Lender- tdi right, title and inmrea ut Borrower
<br />in and to any insurttner policies srtd m and to the praxzzds thtrcof rosuinng tram damage to the Yropprty pear to the saw
<br />or acquisition shall pass tt4 Lender to tier extent err the suers secured by this Detd of Trust inunrdintrly pear ur .uch sale- or
<br />acqu~itian.
<br />ri. Pre€etvatlon aad Mslattnrutce of Property; Leauhalds; Condominiums; Planned unit Devtiopments. Borrower
<br />.haH keep tint Property rn grxact repast and shall na[ commst skasre or peraw imp.,iunrnt rr Jeteriuruiun at the Property
<br />and shaif comply with the pzovisiuns of any lease if this Deeci of Trost is an a ieesehold_ 1C this Dced of Trwt is on a unit sn a
<br />condominium ar a planned trait doveiopmcmt, Rarrc?wcr shalt pcdarm sit of Borrower's etahgatians under the declaration
<br />ar covenants creating or gctvtrming the cumiominium az planned unit development, tht by-laws and regulations of the
<br />condomtinitsm or planned unit developrrtem, and canstrtutnt dtrcuments. if a condominium ur ptartned unit dtvrlopmrnt
<br />rider is exttuttd by Borrower and recorded together wuh this C}tcd of 'i'n.st, the covenants and agreements of such rider
<br />shall tz i[tcorparated into acrd shall amend and suppfrmtm the covtnant> and agrrenrents at this Dced of Trust as if tbt rider
<br />were a pan htteoi-
<br />Y. Praicttbn of [.cadet's Seturliv, if Borrower fails to perform the cotenants -end agreements contained in this
<br />Drat mf `Error, or it env action ar praiceedtn$ is rommtnctd which nratenally affects Lender's Butrent in the Property,
<br />fnctuding, teat not fintitcil to, eminent domain, insolvency, crxit tnfarremtn t, or arrangements or pnuetdings involving u
<br />tatnkrupt or detxdent, itxn Lentitr at Ltmdtz's option, upoa notice to Harrower, may make such appearances, disburse such
<br />soots amd take stttda attion as is nett€sary to pestle[ Lender's metre€t, including, but nr?t limned ta, disbursement of
<br />tataaoalile attorntiy3 teas and tarry upon the roptriy to make repairs. if Lender reywced mortgage insurance as a
<br />cstaittian of maktr€R iht-ban secured h'~. this t)tai of Trust, &urawer shall pay the premiums required-ta maintain such
<br />iapa'aatt0 in-etitri, tmtil such titq~ as rho rcyuiretntnt for attch irratarance termmatt~ m uccordanct with Rorrowtr's and
<br />t.tades'€ writitn -aytretutaut or a teabie taw. Borrower shalt pay the amount of :tit nrartgage insurance premtumx in the
<br />rtut)pCr prrtvitkd under lntsatgrapFt 2 fiereof.
<br />ara~ttts disitutsad by !.cadre ptttauant to thta- paragraph 7; with imtrtst thtrtam. shalt l>ecamt addiUOmal
<br />irtdabt~ of Borrower stcurtd try ttti€ yeti of "I`rust. Centres Bormwtr and Lender agree to athtr re-[roc o! payment. such
<br />atru+trmu shah by payable aeon natter tram [.retire to Sarrawer re~qutsting psyrnrnt thertoL sad .ball terse intarest learn the
<br />ehttp-tat dim)sutacrt€tttt at the rate pnya6~ from time to time an outstatadr`hg prrneipai under the Nate unless payment of inrtrtst
<br />at > rant world Cis tnatrary eta applicable law, in wti'rcb tvcmt strth amtwots hail bear :natrrst at the hrghaat rate
<br />under' ttptb6c law. 6'?tntettrp conruttrtd 'set this paragraph ? ah"~tk requuc Leradrr losncur any exptnat or take
<br />any aetuan htr~r,
<br />~. ~ L-retire ma}' rrta3tm ar wu3t to to made rtasonatale entrees arpern laid mnpesotmss of the Proptrts pro.°nltd
<br />tl~i L,tm#ea snail gMae.l3i+ftz+ss+tr mklse peter tu,auy suciZ tns#x+ktion sptur$yitrg rt7nabie cau_+c thon,for [aratcti to !ender s
<br />ntt•t~t in the Pflat>8#'#Y:
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