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<br />- 002114 $4 -t~~0821
<br />UNIF-O!M COVPJiANTS. BOrrBWtr seed l.ersder covenant and agree as follows:
<br />t. ~ d 1-eledpl rtN tNetd. Borrower shall promptly pay when due the principal of and interest on the
<br />artdebtedutss evidenced by the Note, prepayment and late charge as provided to the Note. and the principal of and interest
<br />on anv Future Advances secured by rhos [kxd of Trust.
<br />~. FtrtY tae Tws std hsttstssor° Subject to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to !.ender on the day monthly installments of principal and interest are payable under the Note, until the Note is paid in full,
<br />a sum (herein "Furtds'1 equal mono-twelfth of the yearly taxes and assessments which may attain priority over this
<br />Deed of Trust, and ground rcn[s on the Property, it any, plus one-twelfth of yeuly premium insulltants for hazard insurance.
<br />plus one-twelfth of yearly premium installments for mortgage insurance, if any. all as reasonably rsnmated ini[iaNy and from
<br />time to time by Lender ore the basis of assessrnts and hills and reasonable estimates thereof.
<br />The Funds shall ix held in an rmtitutitm the deposes or accounts of which arc insured or guaranteed by a Federal or
<br />scare agency tincluding Lender +f Lender is such an imteuuanl. (seder shall apply the Funds to pa said taxes, assessments.
<br />rmurance prcmiutns and ground rents. Lender may not charge for so holding and applying the Funds, analyzing said account
<br />or verifying and crrmpiling tied assessments and bleb. unless Lender pays Borrower interest on the Funds and appbcable law
<br />permits Lender to make such a charge. Borrower and Lender may agree m writing at the time of execuhan of this
<br />Decd o! Trutt that inrcrcst on the Funds shall be yard to Borrower, and unless such agreemem is made or applicable law
<br />requires such interest m ire paid, Lender shall nor 6r regwred so pay Rortower any interest or earnings on the Funds. Lender
<br />shaft give m Borrower, wnlttnrt charge. an annual accrnmung of the Funds showing credits and debits to the Funds and the
<br />purpose for which each debe to the Funds was made. 'The Funds are pledged as additional security for the sums secured
<br />by rhea Deed of Trtst.
<br />if ttre am:xmt of nc~ Funds heW by Lender. x gither wnh the tumrc monthly itrstallmepts of Funds payable prior to
<br />the due dates of rases. asussments, ~raurantt prcmrums and ground rents, shall exceed the amount requved to pay said lases,
<br />asseamenu, rrouracrce prcmrums and ground rents a. they tall Jue, such excess shall fx. at Borrower's option, either
<br />promptly repard to Borrower or crcdi2d to Borrower on monthly trtztallments of Funds. ff the amount of the Funds
<br />heW try Lender shall not h: urfficrem to pav taxes, assessments, insurance premiums and ground rents as they fall due.
<br />Bwrowa shall pay to Lender any urroum aanetsan• to make up the deAcrency wehin 30 days from the dale nonce is mailed
<br />b'f Letrder re Borrower requestitrg pavmem thereof.
<br />Upon payment in full of all sums secured by rhea [ked of Trust. 1 ruder sha8 promptly refund to Borrower any Funds
<br />held by header. It under paragraph t8 herer*{ the Propene +. void or the Property rx otherwrte acquired by Lender, Lender
<br />shall apply. no later than immediately prior u? the safe of the Pmpeny or ns acquisrtian 6y Lender, any Funds heW by
<br />1_ender at the trine o£ apphtanaro as a erode agunst the sums seturtd lay rhea Detd of Trutt.
<br />J. ANMeaUss d rfymetsts. Unless appltrabte i.rw pmvtdes otherwise. ail payments recaved by Lender under the
<br />Nee arW paragraphs i and : hercot shaft lac applred by t ender firer rn payment of amounts payable to Lender by Borrower
<br />under paragraph ., hereof, then to interest pavahk ore the More. then eo the pnncrpal of the Note, and then to interest and
<br />pnncrisai tin anY Future .~dvancet
<br />~ ('tries; Lfresa. Barrower shah pav all rates .wsessmrnts anti other charges. flues and rmposdions attributable to
<br />the Property which may attain a pnanty over rhea Deed .~f Tnut. and leasehold paymems or grottnd rents, if any, in the
<br />maurier provrded umkr paragraph 2 hrrcai or. rt not pawl in such rnannrr, f^~• Borrower making payment, when due. directly
<br />to ttse payer theraif Borrow°er nhail prcunptiy furr,nh t•, t coder ail notices of amounts due under this paragraph, andm the
<br />event Bmrower shall make paymcnr directly Barmwer shacF pmmptiy turnuh ro Lenrkr recapb rvidennng such paymetus.
<br />Borrawrr shaA prompty discharge any tarn which has pnanty ?>scr this ()eed of Trust; provided, that Barrower shall pal be
<br />+tgwred to dxsrhargt any srx:h lien ..> !Drag a+ Barn>wer shall aµrrc rn uriung to the payment of the obligation secured by
<br />such tree an a manner acce>Mahic ni i ender, ?ir shall ,r: gexx7 faith cauuest such lien by, ar defend enforcertten[ of sueh lien rn.
<br />!egai proceedings a~hrc.h operue t., :>rr vent me errtr+rcemer.: ,.t ehe i,cn ar torfriture nl the Property ar any part thereof.
<br />S Ntuaswi Iswsr~ce. Barrower shat! i.rrp the rmprovrments crow cresting or hereafter erected on the Praparty ittstttdl
<br />against Iota by frrc, hazards tnrlurkd wuhm ttu Berm "cxterdcd raverage'". and sra:h other hazards u Lender may require
<br />and m such amounu and for sorb periods as 1 ender may require: provided. that Lender shat) na require that tfte atstamt of
<br />srxh coverage exceed ;hat amount rat caveragc rrgwred to pay the sums soured by this Deed of Tnut.
<br />The inaurairte carrier prnv+drng the rrtsairaxetr shalt tx chosen k+q Borrower subject to approval 6y Lender, pfovided
<br />that such apprmad shaft rror tx unreawnrbty ••+dhlrrW A!# premrwm on insurance polities shall he paid in the maotaer
<br />provrdtd rrorkt paragraph . hereut ur, it nut peed .n sorb meaner, by Borrower making payrrrrnt, when due, diraetly to the
<br />rruuraacr carrier.
<br />Ali rnsurame pnlerrp acid terxwaL tksrrrot xhaii tx in Corm acecprablr rn Isnakr and shall rneitrde a standard mortgage
<br />rlaerse in favor at and in form a..trptaMe to i.endrr i.rndrr shack have the right ro hat) the pditim and renewals thereof.
<br />and Barnnver shall prumpth fumrah to t.cndrr atI renewer rrcNttes slid ski reetrpts of paid pmntums, In the event of loss.
<br />Borrower shall give praprpt ne#rtt i+a ikrc ,nsuraitsx ~.irnrr and Lender !_enskr may make proof of lass rf eat made promptly
<br />bq Borrower.
<br />Unka 1 ender and Burrower os Mrrw•ise agree in ?. sting. insurance praeeeds shall be applied m restoration M c of
<br />the Prapeny damaged, provrdrzai such mtoratu?xi or rcparr ~> ccorstmura[ly feasible and the security of this Deed o[ Trust is
<br />not tlrereby impaired. If such researaerwr ar rrpau rs ., a rs:oruvrricatfy feasible ur ii the .security of this Deed of Ttvs[ would
<br />tar rmpaircd, the etrsurarrce pr x-eeifs shelf he apptrrat w the sums secured fly this Deetf of Taut, with the excess. if any, paid
<br />to Bottowu If the Property is abanabnei try Barrower, ax if Borsowcr fails to retpotd to Lentkr wNhin 30 days tram tfte
<br />data nptrcr is nraekd by Lender to Banawer otter the inwrarur carnet aHers m seute a ctaim for trrsruat[Ct berseRts. Lender
<br />is atuharrzed to <:allttt apd apply the mauraricc proceeds at t.erider`s option eeher to restoration or repair of the Propeety
<br />a={ to the stuns w+currxi by rhea Deed of Trutt.
<br />L%nlem Lynda and Basrrawer otfrcrwru agree m wruing, any such applrtauon of proceeds to prine.;~al shall nM exterd
<br />ar ~aottportr ties drse date of tfre manthky ittstalimenrs rrtern~ci na in paragraphs !and ? hereof or changC the amotrst of
<br />.uu tmtrlfrriGn=> i[ usukr patagt°pl~ r.s hcreaai t!*e Pmpent acymrrd by L.emkr, all rrghi, title and inferest of & wee
<br />to and to any rrisuraritt policies aet~ rn anal tr> tht prer_exris th^rrexf resulting franc damage w thw:: ; :rlr;:2' prior ' ,the sat
<br />iu acqurutian shah pass rs lender m the rstrnt of the sums secured by rhea Drcd of Trust immrtdiateky pnor t ,such sale or
<br />acqussrtion.
<br />g. -n~rvatfss sad 1-Utisteassct a( rsoparty; lessr\st4; Coiwiniusaat !!road UstM frnlsNesMa, Barrower
<br />,hart keep the Progeny itr getxi reps+r and rhali nee .nrrumt waste =•r pernut impaurrtent or dcterioratiirn of the Property
<br />acrd shall Comply wrtb the pravtuoos tit any lease rt thn I ked a! "True n on a IeasehoW. II this Deed of Trust is on a unit in a
<br />~r.a+rfornrowm or a pfanniad nnu drvekapmeut. Borrower shaft perform atl of Borrower's oMiptiom under the declaratiem
<br />..ar ern'rnantt treating er goverarng the contamrmum or pianrred time devefapment, the hp-laws and rcgulanom of the
<br />candotrkmrum aN plaaaed rant ?krrioptrrent, std cansutant diretiments. If a tandorrrltriam a planned time tkvebpmenl
<br />nrkr ax rxecrtrcd by Btrrrairicr and recrudrd together -wuh this [}red of Trust. the tovenanU and agreements of such rider
<br />shat! tae uicorpnraReai into and she!! amend and suppkrmcnt tree a.n~enants arw agreements at this Iked of Trent as rf the rider
<br />were a part hereof.
<br />T. -tatatslM d !waists Seettrily. lei Borrower iaeis iu perform the covenants and agreements cantarncd in this
<br />Deaf at Trust, err rf say attain ar pracredrng rs comrrnerped which ntatenally afh'cU Lerekr's imemt m the Pr©pmty,
<br />xrsctudrpg, Len eat limited to, arrant domain, insoiverrcy, cede enforcement. rx arrangements ar proceedings inmlving a
<br />Muknrpt ar drxMent, then Larder ar Lerdti s aptron, upon notice to Borrower, may ma-e such appearances, dtsburst such
<br />stuns and take such a Kean as is iK.:as;sary ;.= k.: crier: E_tn>scr'4 interest. +rrcludrng. trot not limited ta, Jislrurxntent of
<br />reauupbk atttxniey's !ed sad retry upon the Property ro make rcparn If I,endrr required mortgage irrsurapce as a
<br />caniitfart at makutg [ire loan rretured try the eked cal Trust, Barrower shall pay the prcmrums tegwrtal to maintain such
<br />rrprrtanea m eBeci anal strcb flea as ttrt requrrcmrnt for srrcA rtrsurarrcr tcrmitirrtes in aca-otdante wnh Borrower i and
<br />twada"a written apa'nxnt ar applxabk law Barrower shaft lay the amount of all mortgage msurantr prcmutms in the
<br />msansr prarr~d urstisr pargraph . hereof.
<br />Aafr amotrtta dnMtratd by Lender pursuant m this paragraph 7. weth interne rherrun shall tseeorne additianst
<br />radabNt~as of dotrterer stcurnl by the Lked of 7rwt Unless Borrower arMf !.order agree to Delia terms at paymem, such
<br />aertis[snu shaft tit pay~rk spear eerier ftmn l.ettrler ro Barrower requesting payment tlrereol, and shall Bear mtaresr from the
<br />data a! disYarssmesu u tbt rats psyalafs lean trine to ti on autatandmg principal under the Nam unless payment of interest
<br />u path rate wttadd br taattary to applicable law, rn vgtteh evenE serrh amounts nhati hear antrrrst at the highest cart
<br />partttaNbk tntder applteabltj• Mrs Nattifng contairird is tlin paragraph ? sheet roywtc Lsndrr ui lector any expense ar take
<br />say acfJae trensrriw. -
<br />ahat 1 Barrorre~nnitts°r ~ rarer to be trxadt ressanaAle entrrr5 upe+n and inspec hum ai the Pr oprrty, pnavideri
<br />,etsersar kn else Prow 1v prior to app aw.h tmpect.aon tpr~-atytng rose*asahk cause rhr:rctzu related to t enkr s
<br />g4 "_` 002119 ~ ~ . I ; _, - ~ ~
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