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<br />Urrtpoast Covetvants. Borrower and Lender covrnant seed agree as follows:
<br />.1. Lhryasat d PriaNpl rail Itttetsse. Borrower shall promptly pay when dtx the principal of and interest on the
<br />rrdrhledness evidenced by the Note, prepayment serf Tate charges as provided in the Nwe, and the principal of and interpt
<br />on anyy Future Advances secured by this Deed of Trust
<br />Z. Paaia Vet Tuna tad Iaa~eacro. Subject to applicable law nr to a written waiver by Leader, Borrower shill p>ty
<br />to Lender on the day monthly irtstaUments of principal and interest are payable under the Note, until the Note is paid in full,
<br />a cum (herein "Fonda'") equal to one-twelfth of the yearly razes and asxssmenta which may attain priority over this
<br />Deed of Trust, and ground rents on the Property, if any, plus one-twelfth of ywrly premium installments for harard insunna,
<br />pltn one-twelfth r>f ytarty premium installments for mortgage insurance, if any, all as reasonably estimated initially and from
<br />tune to tint by Lender on the basis of asxssmms and hilts and reasonable estimates thereof.
<br />The Funds shall be held kn an institution the deposits or accounts of which arc imuted or guaranteed by a Federal or
<br />state agency Grnltding Lender if Lender is such an institution!. l.enrfer shall apply the Funds to pay sold taxes, asseasmenta.
<br />mwrartce premiums serf grawnd rents. I~nder may txst charge for so hMding and applying the Funds, analyzing said atxount
<br />or verifying and compiling card asaessrnents and hills, unless I..endu pays 8orrowu interest on the Funds and applicable law
<br />permits Lerkder to make such a charge. Borrower and Lender may agree in writing at the time of execution r>f this
<br />Deed of Trust that interest nn the Funds shall he pad to Borrower, and unless such agreement is made or applinbk law
<br />regttires such interest to !let paid. !.ender shall not be requtred to pay Borrower any interca or eamio4s on the Funds. Lander
<br />shall give to Borrower. without charge. an annual xcknrnung of the Funds showing credits std de6au to the Ftmds and the
<br />prtrpttae for which each debit to the Furls was made. The Funde are pledged as additanal stkcuripr for the wttY sx'rred
<br />by this Dad a( Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to
<br />the due dales of taxes, aaxsaneas, tkuurattrx premiums and ground rents, shall exceed the amormt required to pay said taxes.
<br />assessments, insunrkcr premmms anal ground rents as they tall due, such excess shall be, at Borrowers ol~ton, either
<br />prompptly repaid to Borrower or credited h, Bnrrmvrr nn monthly instalments of Funds. If the amount of the Ftrrtdtt
<br />held by~ Lender shall not he srrfFckent to pay taxes assessments, insurance premiums and ground rents u they fall due,
<br />Borrower shall pay to Lender any amount nes-easary to make up the deficiency within 30 days from the date ttntlCe if mailed
<br />by Lender to Borrower requesting paytocnt thereof.
<br />Uoon paymem in full of all sums soured b} flies Dreat of Trust. Lentfer shal4 promptly refuted to Borrawer any Funds
<br />held by Lender. If under paragraph IR hermf the Pmpenv t+ sold nr tM Properly rs otherwix acquired by Lender, Lender
<br />shall apply. no later than immtdulely poor ro the sale of the Pmptrly or its acquisnioa by Lender, arty Fumes held by
<br />Lender at the lime of application as a credit against the sums soured by flies Deed of Truss.
<br />J. AgYeeYea d Payaergs, Unless applicable law provides otherwtx, all payments received byp Lender under the
<br />Nat and paragra~lts 1 and 2 hereof shall M applied t?y Lrndrr first m payment of amounts payable to Lender by Borrower
<br />under paragraph .. hereof, then to tnrcrest payable on the Nwe. flier. ere the prirntpal of the Nae. and then to mletCa and
<br />pnrnkpal on any Future Advarkcec.
<br />I. (lasgw; Clefts. Borrower shall pay nil lass+. asssssmenrs and other charges. fines and tmposilions altrihutabk to
<br />the Property which may attun a pnortty over thrx Deed of Trust, and Ieaxhold paymatls of ground lend, i[ any. to the
<br />mamrer provided under paragraph Z hereof nr. it ow pawl in such manner, by Borrower making payment, wltm dire. directly
<br />to the payee theratf. Borrower shall promptly furnteh to I ender all nwkces of amounts due under this paragraph, acrd m the
<br />event Borrowu shalt make paymrnt dvatiy. &irrowrr shall promptly furnish to Lender recekpU evitknang such payments.
<br />Borrower shall promptly Mscharge any hen whrch nos pnanty over flits Deed of Trust: provided, that Borrower shall nor tre
<br />required to Six harge any such tern u. tong a+ f(nrrower shall agree rn writing to the payment of the obligation !!sated by
<br />wch tern to a manner acaptab!e n+ 1 rndrt. or shalt m good faith mmrxt such lrcn hy, or defend enforcement o[ such lien in.
<br />Irgal prncerdrn6s whrch openrc t.? prevent the rnk?rcemem of the Ern nr &xfeilurc of the Properly or any part thetto[.
<br />S. Nalasd Iwararrse- Borruw~er shall ksep rht tmpravtments nmv tztsung ur hettafter trccted nn the Property iagrrelf
<br />against loss by fire. haurds itu:tuded wnhkn the arm "extended coveraagget .and surh other hazuda as Lender may retµtirc
<br />and m strch atnkwou std for such ptnod+ a> I.rnder may requkre; provided. that Lender shall not rt4uirc that the amount o/
<br />+ach coverage ezceest that amount of covuage reyukrrd to pay the sums secured by the Deed a( Tent.
<br />'TM inskkraekct carrier prmedirtg the insurance shall !kc choxn by Berrrawer subjat to approval by !.trader, providal,
<br />brat arch approval aM0 rsa tae unreaxrnabty wttAHtid .4l premirtms on imurantt pditiea shall he pid in flee tttttanr
<br />provided under parapapb 2 hereof a, if not pad rn sa:h manner, by Borrower making ptytrreot, when dot, diteetly to the
<br />iawrance carrier.
<br />AO itsktnttce polrctea and rcttewala thereof shalt be +n form accsptattk to Lerkdu and shall include a aattdard nrorlgage
<br />clksux in favor of std in form acttpeatsk ra l.etkskr Lrndrr shall hays the ngtN [o hold the pdicies and reerewah thereof,
<br />and Borrower shall promptly famish to t.etder all trrktwal rroticts aril aN recetpp of pale! prcmtmrs. In the event tsf loo.
<br />Borrower shall gkvc pranpt rtelrcx' eu the tnsurarkce sarntr ami Letrilrr. Lender may make proof of leas i( trot made prompaly
<br />by Borrower.
<br />Unless !.trader atkJ Borrower otherwtx agree Yn wnurrg, insurarkcc pea cede shall be applied to mtOrallelr or repay Of
<br />the Property damaged, prnvnied stash ratoratarn srr repair ks ecorkumkcilfy teaaiblt and flit xcurity Bf this Deed of Trwl is
<br />trot thtt>cDy rmpxrred. If such rrxeoratkon ur rcpt+r rs rent ecorkomwaUy feastbk or it the security of Char Deed of Tnnt would
<br />be tmpvkircd, [he inwrancr prncetds shall tat applied w the wma ses:ured by this Deed of True. wUh the exctsx, if any, pale!
<br />ro Borrower. If the Properly is abandoneJ by Ibrrowcr, or if Hcrrnrwer fails to rut to Larder within 30 days from the
<br />dot rrotksx s mailed by Lender to Borrower that the ~rkxannkcr canker oNen to sttik a datm for msurarrs:e herofits, !.trader
<br />sz atrtharaed to collect red apply the iawraact peucetds at lxrdtr`c optmn tithe to restora[ita or repair of the Property
<br />or to the awns secured this Deed rsf Trust.
<br />Ualms I,eoder std othtrtvtx agree rn wntmg, any such appltcauon of pro«eds to principal shall trot txttard
<br />or pone the due daft of the monthly ittaalmcmtc rcterted to in paragraphs 1 and 2 hereto or change the amount of
<br />such imtrl(mants. I[ ttoriu paragraph tit hereof the Property ks aryuirat by Lender, all right, Utk and infertat of Borrower
<br />m and to any inwrance pdkeies akkd in era( to the prareads thereof resulting from damage: to the PropettY prbr to the wk
<br />w• acquisition shall pkus to tatafer to the extort of the scans secured by flies Died a[ Trent immediately prior to such sale or
<br />angttisition,
<br />fi. rwwvaiea tread Mehteeaeace rA Prgerq; ltasheldc Ceadaaialaaai Pferaed UaM Devttlgaarsta. Borrower
<br />shall leap the Proptny ,n gx>d repa+r and shalt not .nmmn wore nr psrm+t kmppaaunxnt or detrriuratwn of the Properly
<br />sad she/ canplp wsth the provktaom of any lease if the Iltitkf of Trust e> an a kuelkold, IL this Dad of Trust is on a unit in a
<br />.pttddnimturr a a ptantttd amt deveb{arkent, Borrnwcr shaft perform alt ul Borrower's obligations under the declaration
<br />nr covenants crtatmg or ptvuang the cottilomkmum or plantred unit devNoprrttnt. the by-laws and regulations of the
<br />cQrkdamaium or planned amt skvelopment, and consutuem ifocument> IC a condominium or planned unit devslopttttnt
<br />rkskr is extwted by Borrswvu and recorsissf tugNher wuh flies Dad of (rust, the covenans and agreements of such rider
<br />shall be incorporated tnua and shall amend and supplemtnt the .revenants anJ agrttments of flirt Dted of Trust as tf the nder
<br />wort a part hereof.
<br />7. -aesaetfea o1 l.eder's 9aekwfty. If Borrower fails to puform the covenants and agrtemenh contained ir. this
<br />L7aed of Tr[wt, a d soy scoot or proctedmg as conkrtterkud whrch makenally aflecta Lender's tntereu in the Properly,
<br />tnelttdiag. fsw eta !sniffed w, ertrinerkt domain, irwttvency, code enforcement. rx arrangements or prusYedings involving a
<br />tkaakrup or des;exlent, then Lender at teaiu'a optisan, upon notkce to Borrowu, may make such appearances, disburse such
<br />svrm oaf lake wcA actron as rs ttrtessary u~ gprraect [.erkdtr s inures[, mdudmg, twt nut Ikmited to, dist>ursemem of
<br />reaaooabk rttnrrsey's tees std entry upon the Propcrn ::? make repairs IY Lender required mortgage insurance as a
<br />crookla~YOa M maktag the loan secured tryY flirt Lyta1 of Trust, Borrowsr shall pay tie premiums required w mamtam xtrch
<br />itrsuntkce ?n ethxt trots! asc6 time a- flit tequitetnent fnr such knsuraner tens nxus in atY ardxtsrve with Bnrrowtr's and
<br />Ixader's wrfl~ agramreot a a bk taw Bottowrr shall pay the amcwnt of all mortgage insunrtct permkurna to the
<br />nrrsmrOt Oravided radar ttacaara 2 harasf.
<br />amoans didauepf by [.ender pursuant to flits paragraph 7, wteh nurtst thecrctn, shalt beconw additional
<br />ts! Bnsrowea secwed by this Dad of Tryst Unkxs BofroWU akxi I.emftf agrtr W .Nher terms of paymeix. sra:h
<br />amckwWk ekAaU lee payable upon rkoliCe Corm [ cake to Borrcrwtr rrgtttsung payment therenl. and shnl hear interest irom the
<br />data d dfe6atrruitaxatt a1 the rttu patyabk Lrom limn to time on nwsranding principal under the Nwe unless payttxnt of interest
<br />u such rile wswdd !lee czarurry to applrcatrk law-, to whrch event Binh stns units shall hear merest err the highest rate
<br />pptailNhte under app(icahk taw. Ndhkng ccmtakned in khrs paragraph ' xtwh rrgwre tender to tm:ur any ezptnsc nr eke
<br />say tkClirla hereatdre:
<br />L. htttMala~. tassdcr rtuy matt ur cause kn bs made rraacmat+k cntrxx upon and ?nsprs:uaurs of the Property. per?. rated
<br />that leader tdkdl give Borrossar testes! pncsr tv any stash ietsprpc-horn tpeckfynkg rsasunabrr lairs! rfseerfo.r rrlatrsl tr, (ender'!
<br />F.aStla/I tat flat Plopeety.
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