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1 ivrrua sr fl»=r rvvn r+ &,rroucr ;rod I enter :, ;, nn r,ul , .r, r:dlnw+ ~ ~'~""- ~~~~~~ <br />I. Parmenl of Principal and Inh-rP<t. li:.r :. ,., ~. ~ mlvl•, h.r+ ,, here dnr rh, pnm q.al ,.I .uxl nurrcet on 1hC <br />:nak-hk-Jnr,+r. ,rd ha u+ ^:n7c prrp.rt nrrr.I , red I a. .,uu :_ l,r.:, :dc,l m +hc AuIC .rod the pre na ip.J of ant interest <br />nn •ur+ I aloe 4,tla,r?, n; a--". , a:! I`v rh:. I lrc:! : I • .r <br />2. Rnwds /or tLxea and Inswramv. Snhlc+ r n, ,rpph, able Lru :,r ro :r urnrcn w:uvcr hr I ender, Horrower shall Pay <br />io I rn:lcr nn nc~ J.n r ,uvula r r.r,,llnicru- .•r t,n , n,.d ~uJ ~ , n ~.naMc ureter Ihr 'J nlr. unlJ the Vaar rs paiJ m full. <br />um nc~r sere 'PunJ,~~ ryu.rl ., r rwcil1l: ~ rhr rel. .:.: .,I , <mcnr< ,ahich mac attain pnnritr ,vcr thin <br />I ka•d rf lone ant ~r„und reran f,,, .h. Pr: y,rn, .I u., rl~,... ~, ,,.cn11, „r saaarly pre m:um utctrdhnrnt+tnr harani inwrancc. <br />phn ores lucllth nl acrrlr pn~nurnn .r tallmr n!. r.•r i ,n v.n•a i ,: r.r.:,. d .~na .ell .r +, r:rhlc rsrunateJ imuall)' and from <br />Irene ro Irnic he I enter an rhr ha+r+,4 ;r. ,++n,a-ni..md i,:Il..,nJ n. .:,noble c.um:de+ rah. real. <br />the Fund,.hall hr belt :: ureter nrr••n rhr Jrp;,.m nr nrr+ n( ,. Mrih r,urcd r.r guaranrccJ M a Fcakral ur <br /><rale agency Inca ending I cndcr .I +IrrrnJer r+ <nah en w+tunnnn~ I enter ,hall .q,ply the PunJc Ia pas said laves. afsefcments, <br />nrsnrancr premunnc ,rod f;mnnJ rcnn I n,Jcr nrr? noI .h..rr_.c Inr+;, holding .end .rpplvmg the Fund<, analvnng surf accoum <br />.+ ccnh•rng and a mm~ibne < nJ a .+orenf+ :uel hJ1a :: nrr.. I voter pas, 8orn,wa•r mlrrcar on the PnnJs enJ applicable law <br />{x rmrr, lender !, nr.da . rah «ahar er Itor ,+ .,.1 ndcr n,,v ig«•e wrrnog ..1 the nine of e[eeuuam of this <br />Ik•cJ al 'I~rnct that mores+r , rhr 1-, ml+ .ball rKN ha~•1 n, Boa n,a rr. ant unk,+~ ,rah .rgrcrmcnl rr mate nr apphcahk law <br />rcyurrea wrh rmcrrat 1., hr pzr,i I cndcr +h.dl n„+ hr rr,rn,rrd ~:• p.rv 14ar«,ur; u,c rarer e+r nr carmng5 on the Funds. Leader <br />,ball grvc ra Bar about • h.nt;r nnual r :nr:ur , + the LunJ+ .hou mg , rcdn< ant Jrhih to the Fnnds and the <br />purptrse for which each+Jrbrr t:r rhr Fnnds uac made ~~ hhe 1-ands .err plcdgeJ ac aJJiuonal security (or the sums secured <br />by this Dead rat Tnrv <br />If nc~ ammmt of rhr 1-rend, held ht !cndcr ~.,ecr h;r unh nc~ looter nxndhly mctallmentc of Funds payable print Ia <br />the Jae Jatec of laae+. , , , +cmenn. ,ncuru,cc prenuum, ...ul gnuunl r ~ntc. ,hall rvicecJ the annnmt required M pay said tases- <br />asscssmcnh mcurana• rprcmnuns and iimunJ , r + ~. chca I,+II Jac rch carcw +M:JI Fx. ar Borrower's apian. other <br />promptly repaiJ hr Barn,wer + a-reducd r:, Hor . „ xmthle mvallmentc of Funds If the amount of the Ftttlds <br />held by 1 enter ,hall nor he arttincnr ro ,, n r.ne+u~. , ~++mcm+ rmoranrc prcmwms and ground rents as they f JI due. <br />Borrower shall p:re'o I ender am amount , ars<an ~. sm.dr ,rp nc~ drfiarrncv wrlhin tp Jayc from the date nulitt is maikd <br />hY Ixrrder ro Harrower requesting payment atlrcreot <br />U pun payment m lull nl all sums +ccun`d ha true Ika•d ar 1 ru<t. I ender shall promptly refund to Borrower any Futlds <br />held by Lender I1 nnder paragraph f X hcrc.d the Pmpcn, ,+ ,old .v rhr Property a atherwru acyuireA by Lender. Leader <br /><hall apply, no later than rtnmcdiatch peeve n, nc~ ,tr .,t !h, Prot+crty nr ire ecyuicddtn hY 1 enter. any FunJf held fry <br />I cndcr m the «me n( apphcauon a< a credo ag.una the ,.nn++raurcJ by thre Urrd of Tnrst. <br />J. A'PWewtk+w rd Pwvwrenes- t-nit...ipprnaMc t urdr, of hr n<ra-. all paytocnt< rece+veJ by lender unakr the <br />tinrc ant paragrapha t red ' bettor <hall ha• appi+cJ r,~.rl auto firer m pay mein al amounts paVahle ro Lemke bV Brtrrowlr <br />nnder paragraph . hc. •++t Then n~ mtc«v+ p.+aahlr : n rhr \„rr rha•n n, rhr pnncrpal of Iha• Nnle. and then la interCfl and <br />pnncrpal on any Future Advances <br />.1. ('hwr>Rer: Luna. Bnrrnwn .hall parr ..li r. „tee,,mere!, ,rani other charges. fines and Impaxdiuns aHrihu+ubk to <br />the Pmpenv which may -dram a pnanrv aver !h.+ 1)reJ .d Inrv and IcasehoW payments or ground rents, if arty. In tllC <br />manner provided render paragraph Zhen-rat :,r it n„r p.uJ n~ ,u+h m.uvtcr by Borrower making payment. when dal, ditedly <br />to the payee thcrea,l Elorrt,wer ,hall prompt M~ In; m+h w,. I anJer .ell norrn-+ nl amounts doe under rhrs paragraph. and 111 the <br />event Burrower shall make payment dneatiY. Burn?ucr <.hall promptly lunvsh h, I a•nJer rrcerpts evaknemg Such INVIINIMS- <br />Bnrrnwcr <hall pn,mprls Ara barge area hen uhnh !r,, pr rev: , ,a: Ihn Ikrd of I nrV; prnvrdavl. Iha1 Horn,wcr chala red fR <br />rryuircd rn aBca barge any .uch hen . , .:etc n Bon nwrr .h.Jl .terse r ant mg to the paymem ai nc~ ahhgation secured by <br />„rah Ern rn a manrur aaacptaMc r.: I cndcr +h.+h .. c,n,+l !.+uh aomc+r +nah 6cn hy...r defend cnlarccmcnt of such lien in- <br />legal pn,aeedmg+ uhnh operate !~~ pn-vrrnr rhr a nn,n cmeul ,•~ rhr hcu or lorfnnoc nl the Property nr any part rllereOf. <br />S. Hasard Iwarrwwre. Bnrn,wrr .hall 4rrp nc~ gnu^~•, ~m, „aw r,«ng + r herca(ter crccteal tin the PnYpcrty mfUred <br />agmna loss by fire ha2anle ux lnJcJ udhm rtu Icrm rslrnJpi .overage-. anal ua:h rat bcr ha[arJs us I cndcr may fegltlfe <br />and m such amounss ;rod for +uch perud< e< 1 ender nras +cNur •. pre , nest Thal 1 cnatrr <hall not rcyuirc that nc~ amount of <br />+uch covarage cn-eeJ that anxxrnr of anver age <ran;, «-af In p-„ra+hr ,unr+ uarrred hs rhrs Deed of root <br />(hc rnsurantt earner ptt,vnlmg ihr rn+urau, c .hall M~ <hrnrn he Karrnwrr wrhlcct to approval hY 1 cndeC prnnded, <br />that such approval shall rent !x unrcasnnuhly wrthhcid 4t7 prrnnum, on msurrnce pnhoes shall hr paid in tfle nlalrae <br />provided under paragraph _' hermt ur, n uoi lead ,n ,uah ~.,.rnnrr M Hormwcr +nakmg payment, when dal, diroctlv to the <br />msunncc a:amer. <br />.411 uteuranar tx+Ls n-<.un{ rcnewai, r!nrrent ,h-ell nr ~„ r,um a: arplahic I+^ 1 rmkr and ,hall rnehnM a standard mortEaBC <br />~taure m favor n! ant u: loam as+rprahfe ro 1 enter 2 .tale; ,haft base nc~ nghr to hat:1 nc~ Ixdtctes and renewals thereof. <br />and Hnrrowrr ,haft pra,mptly t . rah r,. { cooler .dt a .v,+.,I ,:,,ua r-. unJ all rr<crptx nl p;uJ prcmnrms. In the event a( (off, <br />Borrower <haI{ give pronrpf nansac r:' nc~ ~n,wanaa , :era. u.f 1 ender 1 andei m:n make pnws( of Ins, ri nut nxnde promptly <br />h\ Harrower <br />tlnlcsv i cnatrr ant Bnr rower :abet w,v~ .r r,s n ;nine .n, n. , a , ctrl, +h.J! t?c .inn6eJ u, ratilnrautm m rzpwq ref <br />the f'raperty JamagrJ- pr o,r.kd „iah ra+, r,+n~•n :., rrp,:n :. ,,, <a.dha Iraslfde anA the SCnrrnY a,l Ibis LkeJ of Frtgl If <br />oar therrM rmpaueJ II + rah rest or at,on, r rcpav ~. „•r . ,,.r arafh Ira,d*Ir + iI nc~ +a-aunly of rhrs Iked of Tnut would <br />hr rmpa+rcJ, rhr msm areas Pnnra-Js .hall he apphrd .:• rhr <um+r+ a+ucJ by rho rlkttl ad I rust- with the eacesc. i( any. paid <br />Ia Harrower It nc~ Property r .,h:u<Jerx:J rev H,wr,n.rr : , r IPan.ucr t.ul+ la c,pond to I entkr udhm t0 days (rn111 Ihl <br />dale nobac i+ marled M I ender ro Bon owes nmr rhr :: ran<c ~arnrr ,d(en to rcule .r alarm ins mwrana-a frneflls, LlMkr <br />r+ aulhunnd r„ .,decal ant apply nc~ + rwamc rr,nrrJ..,r I cndcr , nrrum crtha•r h, recrur:NUat nr rcP:rer of tree Prnpaty <br />au rn the .cum, aW tired hY rho Decd olri l nr<i <br />l'nleu 1 cndcr .,oaf Harrower .ahcrwru- agree ,r. unhne, .r +uah .rplrrcatrnn .•I pnaceais w prnn:rpal shall m7d eftetd <br />or Ixaitftnxt nc~ ,Ism J,NC of tlx nra,nthh ui,r;Jlmcnr, n-IrrrrJ rr:, :n paragraph, I ant .' lurcol ur ahangc IhC amount of <br />wch rmtallrnrnl, it unaler paragraph ':* hen-: ~r Ihr Pr„pcila ., ,aymrrJ h, I ender, all nghl, tole ant uucrest ul Btxrnwer <br />rn anal la any m+ru eerie Mln:+c+ ,,nJ : :nJ r~: iha• {v,.. ecJ+ ~hcr, ~u rc<uumg Iram ilamegc hr the PnsprrtY poor to the sak <br />err aa:yuanron ,hail p.i+< Io I coon !.+ nc~ , a,cm „I nc~ +uun .era urcal n, rho Ikcd rat I nice unntcJialely prior o, such sak M <br />-rcyursiuon <br />6. hescrralfrow awe MtrYwewrwcr of Pnrperty: 1 rwrrhnld+: 1 nnMmeiafuwrs; Plawwed l IwN UerelapneMS. Burrower <br />I , _- r, u <br />half beet, nc~ Praq?rm .+ e:n><i rn.r:r ~„J -.::-r, ~ ua -. , r ;.,,,:;,r rrnp,rum+nr Jcicro,rau,,n al the 1"roperty <br />anal shall c wuph w dh the pro<+uon. 01 .,na Ir..<c d rho ; cJ ~•! t rn.~ ~~ ., ie.r,ehokd I; Ihi+ Deed rat Tnnf is on a nn11 in a <br />nmdummmm a,r a planrxd unn dr, clopmrn+ Hon,•u a,raf,.d, ra~ Joan ..II r ", Harrower + ;+hlrgahon+ uoder the JeClaratKm <br />,. ?venanh .. reau nc . r gosenxnr; Jx ., nJ+nnuvw., .,, pt.uua-J i nrr dcvrlopnu-nl, rhr by law, ,red regulabonr of tfle <br />.ondammume ar planned amt devrh,pmcm +nJ r,n na~nr +kv urncm. Ir ndommwm or planacd and doveiapment <br />nJrn +, eseavteJ hY Ha rawer ant rruvdrJ I„ga her ~+:!h a7v, Ikral :q 1 nr+tr robe .o, a,am< and agrecntent+ nl su.h rider <br />slwll tw uxorp>ra1cJ uNa, goal ,hall :arm rat .n+J ,upr,lrmrnc rhr u,a, nenh .nit egrccurcnh of rhr+ DecJ of 1 tort ns r( the elder <br />+s p.r. :.. a <br />,a T. Ptwsaeliow err( ledge's Secrriry. 11 Iforr::u a. r.,~r. ;,: per6nm +! ,rrt.rni+ .+nd agiermcni, .nnlamed m then <br />Lktat of trust, nr .t am ashore , r pnxcrdmg :. -: + u+cJ uhnh ~n.d+~nalh .rdca r+ 1 cnJrr, uucrrst in the Property, <br />rrxluderr;, bra nax 6mrkJ h,, emmcnt donta,n. ., a, ,,,ale rnhnae nlrrrr err rangrnxno :+r pnwceJrng+ rnv,dvrnt a <br />hankrup err dtxedem, then Lcrnkr at Lenaler < „plnue~alxm nolrac i,+ fk rrawer. may snake wch appearances- dislrursl such <br />wema and hake sterh actMn as a rzececsary n, prareat 1 endrn imer est. aafudmg. eau not lumted u,, Jirtxtrslnsent at <br />reaxmabk auorire)~s fees ant rntrv upam the Pmpcrh ro retake rrn.un • If I ender rryuurd n,ongagr rn+uranre err u <br />aondruan n( making the loan secan eJ hY rhrs DecJ :,t l,u,i Hun owe, +h.J! pas the prruuunt, rcyuuaai h, r»:unUan rush <br />+uwranee rn ctlect anal <w:h brae ., 'hr rrywirmc<+r : ,ah ,. .+, r Iceinmarc, .n ;ardanac wdh Nnrnrw<r'r and <br />Leaders wnHan agrO:nNFnt err applr,,ahlr law &+n,•we ,hall pre, rhr .r mount +. all murligaga rnsuraitar prcrnrum+ rn the <br />manner Ixavnnkd under paragraph ` 'rmreol <br />Any amwmts Jrsharrcrd M I e+xlrr purwanl I:~ rhr+ paregr,q,h uah nnere<r rhrre+,n ,hall become addrlmnii <br />rMktNglnrss oI Nrsr rawer vec ureJ M< +hn [het of Inr+a I Nc<, lieu n,wer ant I treater aprec la atM•r Irrn?< rat payme nl, such <br />atnuunta shalt !,r Irayahle upa,n rulrac Isom 1 coder a. Ifr,ri„u rr rcyuc,rrng pay nirni Ihrrr~ t rnJ ,h.,p +rar role revt Ira+m the <br />data al OisManement at the rare spay aixic frarn ame n, nror :,n o,wt <tanalmg pr a,a rpal „ndcr rhr ~•,re ~,nk•s< I,ay relent nl interest <br />at such rare waulJ he umtrary ro appbcahk !,r,. :, ~.. h:an ;.erne <rah amt,um+ .h.dr beer •na•r r++ .d rhr highest tale <br />lrermlWlrle ufrder applrgtdc law c:urhing „cua,na:st :r, r.+.< },eragnrph ' ,hall ~ryrr,rr I anJcr r. rrx ur an< a`aperrfe of take <br />any oilcan frereuntkt <br />N. Iw~edid. 1 ruder may metre o „ .,, br a,aJc r „n_, r,h < nu.r+ .: ta'n r ,+~-s noa+ „r as Propcrtl'- pray oleo <br />xw <br />that 1 erxkr shelf girt Harrower n.,tar poor to ,r,n a.h ,.opts i:,.n .pea,h rag rr.r+, „ai<Ir .,,,,+a ..r:.a •+ ;~faln! la . rider, <br />:nrcrau .n tha PreswenY <br />