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<br />UNIFORM COVENANTS. Borrower and Lender CCWenan! and agree as f()!lows:
<br />1. Paymenl;}f Principal and Interest. Borrower ,h~n pmmptly pay when dlle rhe principal d and i"'Ne,1 on the
<br />indebtedness evidenced by the Note. prepaymem and late charges as provided in the Note, and the principal of ~"cl interest
<br />(~n any FtHnre ,A~dvances secured by this [.ked of Trust.
<br />1. Funds fOl" Taxes and Insurance. Subject to applicable !~... or to a written waiver by Lender, Borrow,,"f shall pay
<br />to Lender ontne day monthly installments of principal and imerest are payable under the Note, until the Note is pa'd in full.
<br />a sum (herein "Funds") equal to one-twelfth of the yearly taxes and assessments which may altain priority over this
<br />Deed of Trust. and ground rents on the Property, if any, plus one-twelfth of yearly premium installments for hazard insurance,
<br />plus one,twelfth of yearly premium installmenls for mortgage insurance, if any. all as reasonably estimated initially and from
<br />time to time by Lender on the basis of assessmcnts and bills and reasonable estimates thereof.
<br />The Funds Sihall bc held in an institution the deposits or accounts of which are insured Of guaranteed hy a Federal or
<br />state agcncy (including Lender if Lender is stich an institution). Lender shall apply the Funds to pay said taxes, assessments.
<br />msuram:e premiums and ground rents. Lender may not charge for so holding and applying the Funds. analyzing said account
<br />or verifying and compiling said assessments and bills. unless Lender pays Borrower interest 011 the Funds and applicable law
<br />permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this
<br />Deed of Trust that interest on the Funds shall be paid to Borrower, and lmless such agreement is made or applicable law
<br />requires such inte,rest to he paid, Lender shall not be required te' pay Borrower any interest or earnings on the FlInd~. Lender
<br />shall give tl) Borrower. without charge, anallnual acc01l11!ing of the Funds showing credits and debits to the Funds and the
<br />purpose for which each dcbit to rhe Funds was made. Thc Funds are pledged as additional security for the sums secured
<br />by this Deed of Trust.
<br />If the amollnt of the Funds held by Lcnder. tog,~lhcr with Ihe futurc monthly installments of Funds payable prior to
<br />the due dales of taxes, a~sessments, insurance premiums <!Ill! ground rents, ,;l1all e.xceed the amount required to pay said taxes,
<br />assessments, insurance premiums and gn)und rents as !hev !all due. such e.xcess shall he. at Borrower's option, either
<br />promptly repaid to Borrowcr or crediwd to Borrower ('n mOnlhly installment, of Funds. If the amount of the Funds
<br />held by Lender s;hall not be suffic'el'll 10 pay laxes. assessments. in\urance premiums and ground rents as they fall due,
<br />Borrower shall pay to Lender any amount necessary to make "p the deficiency within 30 days from the date notice is mailed
<br />by Lender 10 Borrower requesting payment thereof
<br />Upon paym,~nt in full of all sums 'ecllrt~d b\' thIS De~ed of Trust. Lender shall promptly refund to Borrower any Funds
<br />held by Lender. If IInder paragrapb l;~ hereof the Propeny " ,old 01' the Property IS nthtTW'ISC ;Kquired by L"nder. Lender
<br />,hall apply, no 1;lter than immediately prIOr 10 the salt, "r th\) Properly ,;r i1'; bv lender, any Funds hdd bv
<br />Lender at the IIml~ of application as a credit against lhe sum, secured hy thi, Deed
<br />3, App1kll~loi1 olf Payment.. Unkss apph(::tble jaw pn\VH.lcs olherwls(:. all pa\'me.Ols r'::cc\\'l~d bv Lender unfit'! the
<br />Note and paragr;;'phs 1 and '2 hereof shall be applied hI' Lende!' first In payment. ('of amounts payable to Lender lw Bl'rrower
<br />lIndfCf paragraph 2 hereof. !hen !o imerest pavable olllhe Nnle. then to Ihe prineipal uf !he ";OIC. and thl~ll 10 Imeresland
<br />prinCIpal ,)n any FUllIre Advances.
<br />4, Cblllf'lc$: Lienl" 80rrO\';\lr shall P:IY all Ll\e', ;',"Sl':>smenh ;>n!! .\\II""r l:harges. tints and impOSitions af! ribulabk ((I
<br />the Properly whil:h ma,y auam a prionlV over Ill" Deed "f Trust and leasehold payments nr ground rel1ts.;i' :lIlV, in the
<br />manner provldc:d under paragraph 2 h.:reo! or. if nOI paid III soch m;UHler. hv Borrower makmg pavment. wht~n dUe. directly
<br />to the payee th<lrllol. Borrower shail promptly fUl "i,h tn !llnder all IHHlees 0/ amOllnls due under thIS p;1ragraph, :Illd In llH:
<br />,,,'ent Borrower shall make payml'nt IlIrec!I]. Borrower shall promptlY IOrlllsh I" lender receipts ,'v!(.lcncm!( s,nch P;Wmems.
<br />Borrower shall pn'mpllly dIscharge ;tI1V hcn wtllch has pnon:v PICI' I'l,,, f)tlcd 01 TnJSL prov.ded. that Borwwt'r \h,dl n(>! h~
<br />requl~'ed fO di~~h~lfge ;H1Y ~uch hen S(I kmg a.., H1.)frOWer '~t1aH ~(cref.: 1n \It;rHlng !o the paynl~nt ("1' t,hc ....1bhgatton "e,.:u~cd hy
<br />,uch lien In a !11131'lller acceptable 10 I.<!nder. ,'r ,haJJ III ~"od l.IIII! conIc'! \lld1 I."n bv. c'l' ddend "nWI','"menl of SHdl hen Ill.
<br />legal pr(lreedml~' whlCih I'perale to l'revel1l the cnh'r\~el\lelll Jhe I,,:n ,'r li'rl(~ilmC of Ihe Pr()p.:rty tll any pan thercnf
<br />S. .lJallllnll!l1$UfalKt'. ll()rr"w~! ,hall keep .he !/nrr,wcment\ ,\!,lW e\lSII!)g <'I' hcrcaflcr erccted on !he f'roperlv lI1sun:d
<br />~iSt~UnM ioss b". tlre. haJ~ards tocludeo vilttlln the l~rrn '{~'tcnd...~d \T1Vcragc" .1IH.1 .,,\.11.:1'1 \'qhcr haz.anh as LI,.~ndcr rnay reqOJft:"
<br />and HI s.uch ~unllllllnlS and tor \w:h pcnods ~l\ !.\.'odcr 01U\' reQ1Hr.c, pr\'\'H.il~d, ~hat L~n(.k~r \h~lt1 fl~'t H~lIlJlr'e that rh~.' an10unt f\l
<br />~uch J.:~)\iefat!te (~xi:eed ttLi~ ~lrn(Hlnf (~! d)\'Cr-~,tgc rC4\lHed 1{1 p~l\ 1hl~ ~nl!n' st~".-urcd by !hl:'-i l)t"'cd i)! ^l rust
<br />rht" In'\untnl>:t~ ",.~HTler pro\.'Hhng, thl~ fO\Ut .!O..,t," ,,,h~\H ht; \ hth~;n hv Bt\r nlwcr ~,qhll;.~ct tn ~tppftn at h\' 1 t.;~nJt"t" pi oVld~:"L
<br />that such appr(,v:aI shall no! he ullrea,nllahlv \\'Hhheld AI: pre,mull" ('11 III'U!;H1C<: i,><'j,,:ic' ',hall h" :xwJ ". the manner
<br />pnwlded ul.\der 1~~lagnlpb ~, hereol "'1 d \lot paid rll ,u~h m:llll1CT h\ Borrower rllaKHlJ.: f'''ymefH. when duc. dIre,,!!\' h' the
<br />IllSurance ,;arrier,
<br />:\Jllnsufan\:~e- poIH~lt'" sno rt"HcwdiA~ lhl'Tt~VI ,'1;tll he Hi \()if~' .l~ \.:l'p'tablc 1\\ I ,l'lh.lt~f and ~h;.tll 1Il\.:ht>::k .l st~HHjard tlhJngagc
<br />dau~le Ul ta,'Jd.}f \)1 and un 1(,'lftll ..h,."('t:ptat'''d~ l\~ J ,t..:nd~r \ \:ndt."' "~Ldl h~l,"e !fl(' 11ghl In I'H'\id lht~ pph\.'l\..~';' ,uld rCIl\'"'iih. tht.."rcoL
<br />~ind Borro\\ctt ...h~lli pr,)fnpt!y hHnt~h r endcI ',ill P....fH..\"'~"j ,\dln c'\ .uni l'~'\.'t:lpt", ~d f\tud p1t'ruulHh 1n lhe' i,.':\'<<;nt ot 10'\:\.
<br />8orro\\t-t 'S.haU gjlljd'.~ pn'lfnpt notH:~ h) the !HMHan,,''t,: ",tiIJ~;: '"ud i '.'!HJIl,.'; I cnd\"r 111"'\ o1a.l-.c pn.)oI nJ h~~~... Ii fll."l rH~tth,~ prunlpllv
<br />1')\ Uo r mwel.
<br />, ,dnl.es\ Lcndcf and BCH'H1:Wt:1 ~~1he:tlA'I~; ';t~\~,~t: m \'..{liin~ ...h.d! bt" .lpphcd It:...li,n;..thoo Of' JCp(t1f pt
<br />the }lfllJ)en~' darnaged, phJViJC'd :-.u..:h rc'h~r~{h'in Of tt:p.~lf ) !.....~jn(){nH :l..'.1"'ibk lfh~ '\{,"I..\lI'ltj (\I trll'''. l)et..~d \'l '1 rust I'
<br />n\)t tbeteby lln~hUleu If '1;H.:h re:!l.!,\.'fd{hJfl l'II H~l'd.lf'" nllt t~l..\11h!nlhdiH) !C;l'lhlt: ('lJ H th;: ...e('unty 0\1 (hi, l)t.,....cd ~)t lIU'I-\ v'"luld
<br />he u1npn~fe~1 th~;:, j,ns.uran\,'\; p['('k;('\!ds ~h~iU t)t,~ .'~pp;ft~d 11) lhl~ -"wn"l )'\:i.,'un::d hv lh:l~ i.1t't'J 1 ru~!, vlo'Jth the CXl..ot.~ss. It Jf'tV, p:1i.d
<br />to Borro,"ct If the Properfy j~ abatl(it,Hu:..j b,;, B.('n"'lo\t.~r, i' Bnnt\\"..~f LHh hl Il....fhJ!uj t\~ L'I.;odl;;'r wnhH)' JO day... trY'lll the
<br />dale n.otil...:c h rnatlcd b~r' L4.~ndcr h.) BOJft..).'W\(f tha.t 1ht: dj'tHdIH..'~' ;,..Ufll'r {~lfcp.. hJ M:1.t1c ~~urn fnr m"'Ufttfh..:t; heBc-fih. f end(~r
<br />j~ au.thol'J.l~d to' l,.'('dle.;,:i and apply the In'IJLHh.:c fH'I..,I\"~",'d, ,ll LcnJcr\ nplh,Hl L"1ther l(l 1'l~,ilJr~HJ(\n ~Jr repair uf lh~ Pr{)pert~
<br />l,r !() the "urn, ~cured lw th.s Dee;,,! 01 rn"L
<br />Unless Leudler ~tnd Borrower ~)ther'~f"C .~gl'CC VdlfHlg. >Any \u>."h ~~pptK~ilill,Hl ul flro~'(.~ds tfl pnn~lrai :sh;:tli not extend
<br />\)f p'-)stpone tft<: duc U';UC of the il1nnthly fthlalIni~Hh fctCfH:O 1(,..1 JI1 p.tf,agtOiphSr ) ,tfHl hereof (If .:hange th....:: aO')()unt nl
<br />,u..:h installment>. It under p;uagr'lph :" herc..l! 1he l'ror,,'ny " :'':401((:0 by ! cntlcr. ,tii "ght, :llle :IllJ lI.tere,t pi Bnrw\<I>er
<br />in ~lod hJ any U'lsutan~,~ pohcie:::. d.ud III and t(} The prl...'i.(:ccd~ Ihcn~\.l[ n:~ultlng (ronl dallHtg.c 1u the Pro~xny pnor h' the ;.oak
<br />or a,:qUlsi.ti')11 shaJj pa1t:S w Lender to the e.\lent ,)1 the ,um, ,e':llled 1:1\ till' Dced ,I! 1 nh! !I11rllcdiatcly pnur to ,ucll ",Ie O!
<br />aCquisition.
<br />6. Presenallioo lInd Maintenance of Proputy; Lea...ehold~; Condominiurn~; I'hmm:d Unil Developments. BO!TO,,"CI
<br />""hail. keep th.: PH)pcn~ ::, g,,:ft;)d rt,~f)d,H .nH.i ....hall 110t ,.t"fHU1H '.....it....!\: p..:nnlt nlt.:~;\l. 1.'~: d""!I..."rlt,)(ath.,IH l~t' the Prop.cny
<br />and "hail comply with the pmvISlons o! any le.."e .r thl' Deed ,,[ Tnht ",."H a If thl' Deed of Trust " "II " UOlt H1 a
<br />condornloiurn fIr a planned lHl1i dc,"'e1oprncnt. Ik'H'fl.Jwt:f ~...h~;; pctJor111 ,dl of BOinJWcr't~ under th~ d~daratl1,,)n
<br />or CQ\'cnants ~lrC;il.ting or gi)verr.ilng ihl.: (.JfH.10Uuniurn pl~H:H1CJ unlt d(~\:et(,.fp(nC'uL the .1nd rcglJL.Hlon~~ dt !he
<br />con:dotniniunl or pl,anncd unit de\'e!opmcrn. ;~nd :":(Hh!;\Ut:Hi du~urnll:nt;~. if a '.,.i1ndorni.niuOl Of plaun-<:u unit dt':\"doprnt'nt.
<br />fidel' is executed by Borrower and recordc\1 together Wt:h th~~ ~)ec.u of lru~t. 1hc', ~o\'enanls' ~nd agreernenh \~1 :;;uch ndCf
<br />shaH be U1CUf'p'.nued 'nUl and shalI a.n\cnd ~lnd suppk~nenl the i.>..)VCfhHth anJ {tgrct;:f11C,nts of d-us Deed of 'rt'U,,~l ~p; d the rider
<br />wcre a pan hereclf.
<br />7. Protedwn of Lender's Security. If BOI'n.Jwc.r fa"~
<br />Deed of Trust, 01 if any aClion or procecd,ng is cmmnen.:ed
<br />mduding. hut not limited to, emillcllI illso!ven,,;., ,"".k enk'f'\;~:nl"'nt" <}c
<br />bankrupt or de,;edent. rhen Lender al opt.ion. rHI'i":'" W
<br />sums and lake such action "" is necessan It)
<br />rearonable ..ttorney'8 fees and entry . the
<br />conditioll of makin.g the lo;w St!Curea th,s Deed
<br />in effect until. such time as rcql.Hrement
<br />or B:orTO\;;/t~r ~h"lH
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<br />to fn;.:;unt~/n ;....H~:h
<br />:'{t';C(Jrd;J;H\;C V!<'ith Hi\.H'TOWer"s dnd
<br />los.urancc pr("rniU1Hs ift .the
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<br />.(~f CaLlS{~ be fn~u1~:: tt:k#J5'iH1.uhit' en~ rte'~
<br />pr~or t()' nny }n;;pt'J":,hon $pcdfyifJ~ :re:)1~",un4bk' CHJSe
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