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<br />I <br /> <br />83-003795 <br />UNIFORM CO\'I:iNANTS. Borrower and Lender covenant and agree as follows: <br />I. Pay...... of Pried.... ..... 1_..... Borrower sh.1I promptly pay when due the principal of and inter"'l on the <br />Indebted""", evidenced by the Note. prepaymenl and laIc charge. as provided in Ihe NOle. and Ihe principal of .nd inleresl <br />011 any Future Advances secured by this Deed of Trus.t. <br />Z. Floods f. T_ ... 1-. Subject 10 applicahle law or 10 a wriuen waiver by Lender, Borrower sball pay <br />;0 I""der 011 the day monlhly installmenlS of principal and inteR..l are payable under the NOle. unlilthe Note is paid in full. <br />. sum (herei.. "Punds") equal 10 """.twelflh of the yearly taxes and assessmenls which may attai.. priority over lhis <br />Deed of Trus.t, and ground .rents on the Property. if any, plus onc~twetfth of yearly premium installments for hazard insurance. <br />plus one-twelfth of yearly premium imraUments tor mongage in'iurath.."C. if any, aU as reasonably estimated initially and from <br />time to time by Lender on the basis of' uaessmenu and odls and reasonable estimates thereot. <br />The Funds shiltl he held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or <br />SCate agclk..}' (t~fuding Lender if Lender is ~uch an institutulM. l.ender s~all apply rhe ,Funds (0 pay said ta~es. a5;tes..~mcnts_ <br />uuurance pRmmms and gn_1und rents. I..ender may not ~h;lrgc for SO holdmg and applymg the Funds, analyzmg said account <br />or verifying and compiling said -assessments and bills. ltnl~, Lemler pays Borrower intc-res.l on Ihe Funds and apphcable 13"" <br />permit"t Lender In make such .a charge. Borrower and f coder may agree in wriling at t.he lime of execution of this <br />Oet.--J df Trust Ihat interest on 1M FtJnd~ !i,haU be p-illd to HOHo,^"cr, and unles.~ such agreement is made or applicable law <br />h.'qui-re\ !iHch interest 10 ~ paid. l..ender thaU not be n..o.qum.ad to p~ay Bonower any lf1fcrest of carnin", on the Funds. Lender <br />shaU give to Botfower. Without charge, an annual accO-unhng 01 (he Funds s.howmg credits and dehus to lhe Funds and thl:' <br />purpose for wh.ch each debtt 10 the Fundo was made. The FundS an: rledIed as addilional security for the sums secured <br />by th.. Deed uf Trust. <br />H the ..mount ()( tile Funds hdd by Lender, wgether wJlh the future monrhly instaUments of Funds payahle prior hi <br />the due dat~ of ':Ur..~, asseumenu, insurance prcnllums ,Hid ground rents, shall exceed the amount required to pay said t~.\e:-.. <br />a~nIS, inS-YUrt<<' premiums and ground tent\ ~lS Iher 1..111 due. ~uch exc~"!!o \hall be. al Borrower's option, either <br />promplly rcpatd w Borrower Of credited to Sorrower \.0 monthly instaUmenli of Fundi, If the amouOl of the Fund... <br />hf:ld hy I.('ndcr ...JuJt not hi:- sut1ietcnt 10 p.ilY tUL"", d-S-\4:~-"'nh.'llh, in'!\urance prcnuurns lAnd ground rents as lh.cy .faU due. <br />aofCu-w~r !!.haU pay lu Lc:rnkr any amount necC$Yry h~ nlili.~ up the dcfictCrn:y wtlhm 30 day.s from the date notl\:c IS miuJcd <br />by l."nder to llorrower request'oc paymenl thereof. <br />Up\1tJ p_j'mcnt in fun o-f .tIt wms wcured b)' tht~ lknl nl I !u"JL Lender shall promptly refund 10 Borrower ..ny hultJ... <br />held by LCl'tder, It under ~ar.a8f~ I g hereof' the Propcrt't" ,\ ...oM (lr th.e- Property IS- olhcrwl~ acquired by lender. Lcnder <br />~atl apply, no fater lhan tmrnc:ttiatdy pC-tOt fO the ",.de- ~ll the f'rl)perty or Us a\.:qui~llton by lender. any Funds held hy <br />Lender at the hmc 0" apphcattOn Oi'i a Credit aaainM lhe "Ulln: wcufed by thll Deed of Trust. <br />J. "PfIl...... of f'a,_IL Uol"", ilJ>p"<'able lav. pr,wld", utherwlIC. .11 pay men" received by Lender uoder Ihe <br />No.te ~n-d r~~~t(~ph'!; ! &nd 2 ~-f~L~ maU be ~Pvhed h,,- l cn-di.'t tln,1 Itl paymeol (If amollnl~ payabk to lender hy Borrower <br />under paragraph 2 ncre-of. then to inlC:rnt polyabk- on Ir.c N0IC. lhen to the prHlC'p.Jt of the Note, and then to interest and <br />pnoclp.aJ ()fl ~rt)" Future A.d..llea. <br />4.. ('......,.~ 1_....... Bctl'i\,lto'er- 'lihaU pay ~1I 1.I\C'L J.'\~l''\.~mcnh .and olher ch3rge:\.. tint.,\ .HhJ m\po'utions ~Hnbulablc [0 <br />the- Pro.pen)' wtnch m.;t)' iilwn a pnonty over ttu~ Deed of TJUSL and leasehold payments or ground rents. If any, in the <br />mao.oe:l provided tmdc:f pu~u_ph- 2. berrof ur, II nUl p.nd ill ~u...h rn~nnc:f. by Borrower mak.lng payment. when due, ,hreedy <br />to the pay<< ttlclt:'_Ht &no....-e:r 'l.h&U promptly lurlU...h h~ t "'nd~f .tU noUc.:-c~ ~)t amoums oue under lhis paragraph. and in the <br />e_veD:t Btlffower sh~H fi1~i.c payment UuocUy. 8(),ro\AlC,"f '\.h,.U pfumpdy turm:U1 to Lender receIpts eVldencmg such pOAymenls <br />8on-uwer ~4U prompuy Ut~ilaqtC any lien ..tu\;:h h_.", pntHll~ (1"'-,,'( thl~ l)a:d of 'rru~t: provldctJ, that 80rruwcr shall nOl b(,' <br />reqUj(('J to (h~:h..ugc .lOr '\tK'n hen ~J lonl <l~ tIorfH:wcf '>hail ,,_""1('(' In WfttlOl( hJ the p.l)'l'llI:nt 01 lhe obhgJ.lmn \-l'HHCtl hv <br />'ot.a:n h;:n tn do n1.anOCf ;J'...'l,."-cpt;lhl\.~ ht tendc:r. VI \h.aH m ~\.H.k.j l~fih ~UtHC;\t s.m.h hen hy. or detent.! enforcemenl of SIKh lien In <br />h,~..1 pr-on;-a:hnn\ '\iIJoh1-4;h upc:-ndt' lu ptt'renl [he en. J,Jh,--efficul pi the- hen ur h)fh~ltur(" ut. the Property Of any part thCn.~l.lf <br />5~ HaMat1i l~. IkNro--we-r ~U keep the tmprV'n'lnClll' no",", ~"I;.tmlt or ~rt'aHer c:rec1w on the Propert}.. miu,.~d <br />illltlUl'Sot 11.l-'" bV htt;_ h.u->.lolJd" ir~<luded within the term '-tll.h:tit1cd ,,_overAge", .loti ..udt Nhcr hazard, as tender may l't.411ll" <br />..00 H1 ,.~h ;oi.rm.l.unn "ltO fot 'o;.lU;O pcnocb....~ L-iUk.kl ilU~ fCQUlI~_ provKkti. th.u LenOcr ...h.ltU not requne Ihallhc amuunt {II <br />$~,h ...'u'Yer~\': ('!aced th..u amounl oII,.QV~l:a&1: fC'fwh,'d tll pe.n Ihe ScUllt\ )C\.'ured by Ihf~ Deed of Tn,st <br />Ih.\:~ ,mU-lOlfh.J; .:.unc, PHH'ldUllltH: Uhur"-fiU' "h~U f~' \hp....-.;:u by tlo-rrO\\icl' $.Hbj~t f\) approval by I.emke pwvlth....J, <br />that such appru",;,}! $baU m:n ~ unttalOnabiy ~dhh<ki All prcnuuftl.\ OR HlSuraocC! pohcu:s ~baU he paid in the manner <br />proVided uude.r pot.,qrapb 1 heu:o' o,r~ if nQt pilUd III .och ll'wH-n~t. by Uorrower makin. payment., when due, directly It.l the <br />1~'eQn1Cf, <br />.#t.U utSUUUJl."-C pob\:te~ <inti r("-nc-w~ lherwt )n.dl ~ .In h-'ffll .n.....:ept.bA.c to I.enuer .ilOO \hilU mdude a itantUrd mongagc <br />datbC in 'avof' of And It.\- (;,If'm .....:L'eplabk 10 l..~nder 1. ,'nOcI !>h.di have the ngtu to hohJ the: pohcies and renewtils Ihereof. <br />ltDd 8orru~u ~AlJ p.r-omptty tuuuth to Lender .u rt:'ne~iil iH,Itl\:,.CJ -4nd ..II ro..'"'C'lpts of pollJ premIUms. In the event of la,\.. <br />Bon-ower shalJ gh'C p-rufupt nO(lCc tll the 1tUu-f&N..""C ,...rfler d.HJ l.clldc.f- Lender fntl)< mue proof uf Iou It nOI rn..de promptly <br />by ll<>rmwer. <br />Ufl-l<<~ Lcndc-~- iIInd Borrower otbuWUrlC _,.<< In '" UltHtt Ifl:'loUJ-OIIti:C ptocccc:b ~.Il ()(' apphed to reltorahon or repaIr ~)l <br />tbt' Pt~~-ft)' J..un~, p-uwkkd ~\U;h I'eSIOfidKU-l Of fe-plour 1'\ t.:\.-i.llllJ4nKttUy tuwbk: ..00 lhe 1C,;unty or thiS DccJ of 'Trll\t ,... <br />not: thereby !mp.;t.ued_ If ~Ulo:h rc:t;.(j-OlalKlfl or repair h QLI'l c--.,;,Ufh1ItlK.1:Uy h:ailbk Of II tbe: ~uClty of thi" 1leed ot Tru~1 would <br />be itnp*m~d. Itk: Hl~U'arh.;-': f.llocecd.t shaU be apphc-u 10- the \-lUll'll \-L"\::ured by tM l>ecd of Trust, With the e-'CClL'i.. If aoy, pau.i <br />11) lklrro)o\iCf'. H lbe Pro:pc:rt). 1\ abaAd8oc-d by BoHO""~f, nr If Hurrl)'NCf (,Ull to fClopund to L~ndcr within 30 days (rom the <br />d.\ce nou\C" i~ m~dc,j by tC-nOcr to BonO*ef lh.tl (he 1I1MaOU'k.'C f.:;,.frtCr oifen to Mtdc OA I,,;'..un for Inwral'M.-"C benehh-, Lender <br />1\ :dulhwucu hJ i.;uJk1.:1 .a.nd ...pp4)' the JMUf&n.."-C Phk:~cd... .11 Lemke's option euber to r~tUf'iahon or repair of 1m: Propcn); <br />or to the WIn' ",,"u.ed by tl.., Deed at TruM" <br />Uo-Ia.s l.c'kkr ahd 80rrlYWCt othcrwtiC _.tee If! wflhng, ~nl' )UI;h ..pph~-auon 01 proceeds to principal shaH nol c"tend <br />or p<"lpone lhe <I... dale 01 lbe .nonlhly uwa.!lmenb .eteHw ". on parasrapbo I ."" 2 hereof or chanl" the amount 01 <br />,u.;b 'Mtalln_ls. If undc. pu~ I K het-eol .he Properl) " ."'lUtTed by Lender. all nebl, ..tie and inlerest of llorrower <br />III ."" 10 ~QY .","'."'"" p<1ltc"" .nd lQ and 10 the pro.:eM lhelml rQulllnlllUfII damal" to lhe ProperlY prior 10 the >ale <br />or a_...tl<'" ,h.oll !'au to l..::nder l<> the CL~ 01 the ,urn. """u,ed by tltu Deed 01 Trust Immediately prIOr to such ...Ie or <br />acquisitioo <br />6. Prww......... A11I"It'UBft of ~; Le~ C'IJrAlIIIl-1 S TJ; ....... tJait I)ey~ Borrowef <br />.Ju.il .\7':-P tht~ Pruptrt) In t;"....-.t: repaat, .tOO ~J 'WI ~()mnl-lt V.~~iC or permlt lnlP.urmcnt Of Ji....c1t,IraUOfl of the P'ropeft)' <br />aDll shall ~","ply ".Ih the pro.....,.,. 01 any lease .f Ih.. l"leed uf ., rml .. on a Ie.uehold. If Ihi. Deed of Trust is on a unll in a <br />.:undoa""".... ur a pbnned Unit ~. Borr",""r ,lwll l'erJorm aU 01 Borrower'. ohllgatlOns under lhe decla"loon <br />or t:ovcua.tlb_ t.:-fa-ttfi' Qf lOvcrnul' Uw f..'o8dotnU'Il\lm \)[ planned unit developnteftt~ the bY-4Jaws :.1M reJU!atwn.. ~l-t the <br />,~ or rtarmed ""'I ~ aad (00)1I',,,,ot dor:Umetft.. If a condonllnium or planned un,1 de.elopment <br />rider .. ,,:t<<utcd by lk>rr_r and recu<ded l"Flher ..ub In" Deed of' l rust. the covenanls and .I,"mento ,.1 such "der <br />Uulll be l"""fl'Ofaled '"to and $haI1.mend and~1 the nwena_.nd .I"""""nl> 01 Ihis ~ 01 Trm' .. II the nder <br />_ " part betGOt. <br />1. "-liloII 0( UlootIeO SeaIriIJ. If Hotr""'.... ,.,;. to perfoml lhe eovenanlS and allrecmeats ~OQla"'ed in .hi' <br />~ j;f T~ or d ;iCt :(:l~ ,Ct ~~ !~ '9m.~C"j whidi mate-nally at!ec~ Lefi4~r'5 interest In t~ Pn\pcny. <br />.""hId.... but IIut "....led 10. e_t 4omai... I_.ene), cod" enl",cemenl, or IlTrancoemenls or proceedin.. "',olvmg ,I <br />benk""" (J{ dc<<denI. Il1en l.cDdcr ..I leader'. opl'OQ. upon "Uf"" 10 Bor_. "'ay make such appeara_. d.shu"e >lKh <br />- ami I....., .....It a;;tlOO itS IS ..-ry to prOlC<;t lender"> .nterCllf, ,,,,,lodiOC, but nol limited 10. d..bur",,,,,,nt III <br />_bk: atl<>01ey" 1_ and eftlly upl)fl lbe Property tn maLe repairs. If LC1ldcr reqUlfed mort... "'sur..."e .\ . <br />,ortd,_ of malUnclhe 10llO _""'" by 1m. Deoll of Trn't. lk>ffuwer .hall pay lilt: premiums requind to ma",l.m \ueh <br />,- to~. ...'il sudJ lime.. lht reqwrerne... I.... such ,_ tcrmi_... 10 .""orela""" wirh lIor""""r'. alld <br />l.ett4w's wnt\en .__ o. ..ppIicabje I..... llorr_er >h.U I"'~' .be .""""'1 01 all man.... .nsurance prenuurn> 10 the <br />- ~ ~ parqraph 2 tleIei>f, <br />An)' __ tIi:tbut...r by L.....' ptItIStlIlil In Ihi, pill.....pta 7, willi ""..rest thereon, shall become add.h"n.' <br />illOliltlnllWl ut.....--r lOO<:VffI4l>y 1m. Deeot of TrU$L Unlft> Bor_ and lender al_ to other terms of paymenl, ,,,,h <br />..- >hldI he pa"...... u...... __ from .....r 10 Hotro..", r"~m. payment thereof. and shall bear I/ltcml ''''''I the <br />......t: ~ _ Jot lhe '."'pll'JIbloo I_liMe 10 Ii"", "" .,,"'tamlltl. ptmapal ""cler the Note uoleo paymenl <,I inte",,, <br />lit .~r_........., lot CUfttt...,. 10 apflhr:.w. law, i.. ...h"h "'..'Ot ..",It _. wI! beat 10_ at the h.,1lW falc <br />~.... appbcftk; I.w, N~ _oed '" tilt! !'a......pta 7 $hall requite Lendct to 'l>l:\If an" "penIC Of lake <br />III)._.~, <br />.. ~ 1...- may ....... or <_ w .......... ",,,.,,,,,,bJe .<\tria """'" "oJ Il,_,rJOl\S of lhe ProperlV, pr"..<k<l <br />tlliot l.........~ ,...,.llorNwer ""'Jf:C pr- l<> ..." ~ "'$pCt!>,,,, '~rm. -..bhI ""use lllctetur rdated 1<' t<nder, <br />__ m 1_ ........" <br />