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<br />~~ ,.I.. 001:9 <br />lJrvtaaasa tOV4NANi1 Borrower anJ Isnder coven:rot and agree a, Iolluws <br />L taytweat of Principal and Interest. He+rnlwrr .seals , nrmptlx Ira} when due the prnsip:,l of anJ interest on ihr <br />utdeMedms-a ev,denc¢d by tha• Nutt Ivrpa}•meai :owl Luc ciuugca as pnroided ut rhr Nntr. end the prine~pal of and interest <br />on an Future :\.Ic.mac+ sa•. urrJ ht th,s I 1 •rd ..I 1 ..,.t <br />2. Reis for Trtaes egad Insurance. Subject to apph.abie leer or to a u•ntten weever by Lender, Borrower shall pay <br />to IsnJer nn the day mnnihty mstatlntent+ u! pnncgral .mJ uucrest etc papuhie unJcr the Nom, until the Nure rs paid in full. <br />a cum thetem "Funds"t cyuai to unc-twelfth .d the }earl}~ faces .aril :nscsvnents wfiich may attain priority over this <br />Lked of Trust, anJ ground rents rot the Pnrprny. d any. plus.,nc-twelfth of pearly prermum installments for hard insuranm. <br />plus on¢-twelfth ur yearly prrmrmn mstal)ro¢nix fuc me+rtgagC immauce. d any. all us r¢tuonably esumat¢d initially and ftam <br />torte to time by I,endrr on the halts vL a;se~.xntrn[s and hills ar.+t reusunabte eshmutcs th¢reul <br />The Funds shat! fu held in an nlstihtdun the drprnns r,a accouun ui whrrh are ntsureJ ar guaran[ced by :a Federal or <br />state agency tinclueting lender d Lcndrr is vrch an ursnhtuoni Lmxfa shall apply the Funds to pay said toles asxsanents. <br />msurdner prrm,ums anJ ground rents. t ender ma} not ailert;e t«,r s„ hrrJding and applying the Funds, analysing card account <br />or venfying anJ Cranrpihnf; sail ae-x+snlcnt. an.i hapc, w,h•.. 1 realer pays Burrawrr intcresr tin the FurtJs and apphcahte law <br />pp~rrmux i rnetet to make serirh ., afiarge sloe urwrr .and 1 rnJi:r utay ;,gree m tinting at the Ume of rxecuuon of this <br />Detest of Trust that mterrci an ebc Furr.t. .ha^ ;n• p+,J tr. 8urra+,ci. and anl¢s. such agreement i, niad¢ ur appticable law <br />rt:qurttx such emcrest to hC pant. Lcndrr sh:Jl nut tx: w,;u:re~d tc, pay ti+rrruutr auy rmercri ur earnings uu Ibr Funds Isnder <br />shall give to Bnrruwct. wrtham .hargc_ an unuual scnuuttrng ed the Fmld, .hawing credits and dehits la ihC Funds and th¢ <br />ptuptue for which eacft dcbrt to th¢ Funds was male. the Fumes are pledged as additional security fur the sums secured <br />h}• this Pe¢J oi -I~rust. <br />iE the amount rrt tt,c Funds inciJ by I ender r„grthrr +snh [he future monthly nxtsitmentx eel' Funds payuhte poor to <br />the due darts of lose-s. axsc•ssnlrnts, ,nsur.+nce prenlrums and groom! rents, .hall exceed the amount requirsd lv pay said taxes. <br />astsssnt¢rt[s, tttsurancr Ixemrums .cad ground rear, .s Ih.•y I,di due. ,uch recess shall hC, cat Bwrowcr's option, either <br />prom~ly tcpatd to Borrower ur creducJ t„ Borrnsrcr tee rnumhty rnstaiim¢nts of Fonds. If the amount of tttc Funds <br />held by t_rmkr chaff not Fa suf4ic,rnt ~„ nsv c.,.e~ as.c,tnl.•nt.. ur.urame premiums and ground rents as they fall due, <br />Bcrrruwer shake pay u, t ender any moment nr;.c-wart- ;,, m::kc .. tr nc~ defic+eney wuhm 3t} days frcun the Jate native is maiM<I <br />by i.ettder to Fsanawer r¢quesung payment thertraf <br />Upset payment in tuff tit aF! sums ,r; tired h} th,a lkrd :rf '# rras+_ f ender steals prantptly r¢fund to Bormw¢r any Fonds <br />tread by lender. If under parsgraph Y hereof her Proprnr ~..utJ ++r the Prnpraty ,s utherwts¢ acquire) by 1_endtr- Lender <br />shall appty. reef later than immrdiatcly praor t„ rhr ,a lc- .~i rhr Pn,;xaty ur its :a.:gztisuion 6y [.enJ¢r, any F"nods held by <br />lender at the tome tit sppitcanon a+a crcdrt ear-amst rhr =nun.. secured by this Lyrud tit Trust. <br />1. A~iitatian at PaYercars. tintc.s .applacarrlc tau }uovrJc, ++therwrse, a3! payments rerrevtJ fry [.ender under th¢ <br />(vote anJ paragraphs 1 seed 2 herrut shall tx apphrai hs I ~ r;d..•r fir,t ,,: puvnrcrrt aE ternuuna payable to l.rncfer fay Barrowe[ <br />trader paragraph 2 h.rrof, three ru rnhrresl payabl¢ art fete Nate. then re flea ttrutC,paf of the Note. and th¢rt fo interest and <br />prittcepal an any Fuuxre .Advances. <br />1, C-nRa: lxtru. B©rtt+wrr nhcril pay ail t.ne, e,ee~rn,•,;F+ a+uf ,=[hrr :barges. ftn4•s and unpitsrlions uttributahln to <br />the Properly which may attarn a pnorrtp~ over thax S?crat „( Tan+xt. end lcasehofJ payments or }round rents, if any, In the <br />manner provitfed under paragraph ? hereof ur, ,! oat e~at,l tic a,ch msnatrr- by Burrower making payment, when dtte, directly <br />to the payee thtreat_ Baxruw-er shat3 prantpdy htrnrsrl co t erzder .Ji r:ahccs tit amounts due antler this Paragraph, and in the <br />eveat 8ttrrawrt stsaU make payrnrnt d,rraUy. Barruuct sh.ru Ivomptt} tnunrxh 7:+ 1 ender rere*pts evidencing stub paytnentx. <br />Flarrowxr shall PnrmpUy dtschargr any Ircu uhrs:h has trrru:tit ,^,cr rhr, lA:krd ul I rust; pruvtdrd, that Bzurower shall not he <br />rtximrat to Jisrhsrg¢ any mesh lira •~, long a. Bcarr..wrr +hai] .:Ce rc u: unhna ur the puyv»¢nt of the ahhganan secured by <br />such heat m a manner acaeptubte to t under- cu shah :u gaud tauh ; aumnt utth hen t>y, ar ds;fnc~l cnfurCrment of such lien in. <br />Foal pptaeeetim s whn:h operate t,r prrvr.ot nc~ errtc,rrren t .t ±he: hen ur tcvfrnur¢ of the Property or any port thereat. <br />S. t(~ lnanraorr. Borrower shalt keep the ;rn}>rc r*tttenta reclw exosinsg or her¢afttr ertettif'un the f'rnpci'ty insured <br />rpi'rtst roes by bro. ftaza~rdx trrrfclrti-d wrthm iris n°rnt'earndrJ <nlx~s:rr+gr.,. anA such ether hnrards as G.cnc(er nsay require - <br />aad in each atttraur:u etas far such prrtcxLs ax ! ender mat rs~yurtc. prarvad¢J- that L.¢nJtr shaft tine tequircihat fife-amount of - <br />usch royerage excr~d that amanat nl ruvrrage xcqu,r>rA t., p.+v t}2¢ sum, secured by rhrs part of SYtrst. <br />The ittsrtranct caterer ptovrdin$ the rnvtaranre loafs hr >hoszrr by Brcrroucx lab;¢Ct to apprasraL say i-ender; provided. <br />that spelt ap~vaf sha8 trot tae unrta;utnatly wnhttrkl ,skit premurnts tin inxuranca pottcies- shr8 tx: paid in the tnaitntr <br />pKCrvided under ptragnph ? her¢af cr, +€ sat paid err ,u,:h numltr, hy' Borrower making Paynttni, when due, ditttctty< to the.. <br />iawraace Carrier. <br />AB imurarue poteetcs and rert¢wats ttkereat .ixait !sr rr t t t a...cptabl • ..> I.endCt and shall trx'htde a standard mnrtgagn <br />ctatutsn laver ai and sal feyrm aeeeptatale to t.tndrr 3 ender t,.kti h. a the rtgtrt to hold the: palieirs aad renewals [heeof,--. <br />and bearrower shelf Promptly furnish t.a Isod¢r atf rs~ns*w:rt ,n.lr;r, uztJ :rat rcn:nYpix c*t purJ Premiums In the evanr of loss: <br />garrowar shall gtat prompt rxnsCr to the mane-cars x; durrcarr anal i crwtrr t roller maro make peoraf of Mass rf tier made-pramptty <br />try Borrorrtr. <br />Uttleu L.tnrier and Borrower utttrrwrse ay;rra l:a urn n~, -r.eaualtae trrucecds sirup het apptted tcs rc;xtoraUun or rt~atr of <br />rite Property damaged, praviried sorb zrantraa.ts n ,+r rvir.rrt - -a.rnaam,,:aJly Ir,xsrhly arW th¢ ser:ruily nf~ 1lris. ICJ of '1-nt;k ix. <br />not thereby impaired. If ~swth rrstoranort ar ttspatr rs out ~unomr..~aUy le~asrb!¢ or t7 the seCitrity of this l7~ted of 't'ritsf-would <br />bE impattld. the tnsurartCC PruaY¢ds shalt tx appina3 to felt suers sec tit cd by this C,ka:d af -]`t-ctsY. wnh the esct.~as, It anY, paid- <br />to 8atroarer. if the Property is ahanJalsr¢d try Boer-owtt. ~u it L3unuu-,ir lattr to tr~atntruf to lender within 3p dayaa from Lhii: <br />data ttotiCt is mailed by 1_gnder to Bt:rrrswrr that th¢ ,rrsnrancx aarrrrr nLt¢rs t;a sett t a claim foY inSaratace 4,ent$tx. L.egrfar <br />u atNhariaed to Ctrtlas amt apply rhr rnxarsnce prarretdr.:.t t.rnJ¢FS upiiao ruher to reuaratiatt ar repair of the-Prppet2y <br />ar to the tarns teecuced by thss Creels eat lYust. <br />Unitas txttder and Borrower utherwtxr agree rn u=rotor;., .env each applnatron OI praCr.rrtis to principal :shat!-ttm~ estend <br />ar par[ptae t17t dot date of the ananthty m+trzflntents rcierrtYs rn m paragraphs f and 2 hertzt# ar chanyF. the amauitl of - <br />s tttataBmeritx_ !{ ttttder para#rsah t8 hertaat rhr Praprri} ,= arqutrrJ 6y (zrtdcr. alt right. title deal initresi of Bturiplyd <br />in and to app ittsurattCe waticies a nand ur t!u prcxe¢ds thtrti•nat resulting from damage to thi: Property pester to the-safe <br />or acquisition shelf pose to i.ttrtMr to the extewt at rhr runts scx'urtJ isy this I2ra+l •al -i•mxt imttteJiateiy- prtat` to such laic ar <br />titan. <br />t~ lAtsarvalltn alts 7Naaatxttwee of Proreny; txaschulda; ('antloaalnirtwst PhtnnH Unit tleveloMiteals: Borrower <br />shdt -tep the Ftopeny In goozL repair seed sha8 nut suntrntt waste srr lxraun impairment ztr Jetecittralmn uF the`PraptxtY <br />aad tt),di txtmpAY with the provtwaru of any Mace rf tiffs LJreci ref "4'rarxt is on s I¢axhald it this DeeJ of Trust is una tense in a <br />coadtinainkmt nr a p3anrted unit deye}aptrteni, Harrower shalt prctarm al! aE Borrower's abtigatiaas under the dectaiation <br />or Costnanp C[Oating aP ptatremtng the etmdammtum cv tdarmC,at anti develaprnent, the b}*~laws and regufatiam of the <br />+we~owipitrts ar ptanrwd amt akvtlopmraat. aril cmutnutat tiucumnus ff a canduminium itr ptantlad nose tlevtrfopfnent <br />rider is ttaeeutad bY.Borrttwtr teed rnsarrkd together wntr than f)ead ui 'least., the ,:av¢nartts. and agreenrems of sttehrider <br />riaN he ieearptxawd iota std shat! amend and supplement the cavrnants ettd agree»ents of this [ked a( Trust as it the elder <br />tirtls a p.it Itettoi. <br />7. tsnlacYtia d Ltntiesas 9tttrrHy. tf Harrower Sails to larrturm the euvtnams and agreemtntx Contained io this <br />Dtrd of 'Croat. ur tt any adirNt sae proceeding is tamtnen4•srd which nrazcrraBy aitt¢ts i.ettdtr s interest to the Protatrty; <br />has teat ktnitad lo, emirtertt doattain. insoivem:y, Cole enfrxr-enxrtt. or arrangemenu m prctcredtttgs tn+fofvtng n <br />bttrtulttttpe ar tteadpet« elate F.erytitr' at t.ocnder's option, upon Horace to Borrawtr, may melee such appearankats, zitaburtt such <br />tal~a eras ttdte such aatuo as is tttaxasary ua Protect t.rtuitrs mteresr, +nctudiug, but oat timiftd ta, dishursemtrtt ai <br />tatr•tatMia atsttstaay9 tea std entry upon the Pr~erip to nsake rnpairy, If lctder rayuired nwrrgag¢ insurattct ss a <br />eawiirion at rttakipg the tznatt stcurtd by this Cfeeal at Trtxq, Barrtw-tr shall pay the preen"rums rtyuircd to maintain such <br />iaaarttnw u tt/act tmst`f wek Uma as the ra~~trttittnt Lear unit ansuranie tenninatts m aeattrdantc with tkxrrawet`s and <br />~.eda-'s trrinea agrreattttet to a feeble. law. Burrawex- shaft pay th¢, utttaum al all mortgage insuratttae prtmiutw ih the <br />inataaer Ara'fded uttsMr p~t i ~« tFIEr'~af. <br />Aa anrotana disl9u~tatd by- 1-~.end+er Pursttautr m 4his paragraph 7, with :nttrtst thCreon, shall taecsamt odit'tViana~l <br />itrulaltajoor at ifstrrasver tta:ured by trUa Iked of Trsasi. tJnttsa Baraaw¢r still l.,tadtr agtwt m usher [ernes of Payment, sstth <br />itasowu atoll t. pa~abie upot taotis~a frtarrt ksnrter to (tnrr'ywet rrsprcanng Payrrktnt thereat, sties shat! latex utterest Tram the <br />tta4~oi tiitburrrosesff-eft the. taro payahG,+ from tits co trine ern t+u€staradrnit prrr+crpail utadtr ttt¢ !+aott unless Payment of inlrt'est <br />at twat rot «auid f#e ticxtfraxtf an appitaritirM iaiw; in sshrCh event sr+cts amautats shai€ attar inttrtu at rhr highest rant <br />psriydtttiela trr#r apPtrcaekde Irer, tiathitr#t,Crantafsted to tens parrtgrap#r 'J serail tx~ruur l.tnJet try lttc-tu tiny ¢cprr~e ar take <br />soy scWrn taersutrder <br />g. tstetaalaa. ! rtadCt mxy make ear reuse is he nagJr reawsnalaF.=. ~rt#rtex uPsnt and inspccax~tas or rhr Praatttny, ptzrvtJ¢d <br />d»t Leadu shin ervc 6ftlutuwar ttutice ptxzr tit any +aueh rr~Prrtutn sprc•tt~ytng rtatunattM caua: thrrefar rx=fatvri is l.endtr-+ <br />itutreat m the PrVaeCLY. <br />