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<br />83.....fJ03838
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<br />UNIPOItM CovENANTS, Borrow..r and broder covenant and agree .. follows:
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<br />. J. r.,- of Pr\edpIlI ... ..._. Borrower ohall promptly pay when due the principal of and interest on the
<br />Indebtedness eviclenad by the Note. prepayment and Jale charxes .. provided in the Note. and lhe principal of and interesl
<br />on any Future Advances secured hy this Deed of Truot.
<br />2. ...... fell' T_ ...~. Subject to applicable law or to a wri!ten waiver by Lender. Borrower shall pay
<br />to Lender on tb<: day montbly jJllital1menlS of principal and interest are payable under lhe Note. until the Note io paid in full.
<br />a lum (herein ~Funds"'J equal to one.twelfth of the yearly taxes and a,se,smento which may attain priority over this
<br />Deed of Trust. and ground rents on tb<: Propeny, if any, pluo one-twelfth of yearly premium installments for hazard insurance.
<br />plus one-twelftb of yearly premium installments for mongage insurance. if any. all a, reasonably e'timated initially and from
<br />time to time by I..ender on tb<: basis of .......ments and bilk and reasonable estimates thereof.
<br />The Frmds shatl be held in an inwtution the deposits or accounts of which are insured or guaranleed by a Federal or
<br />otale agency (including Lender if Lender is ....eb an institution). Lender shall apply the Funds 10 pay said taxes. assessments.
<br />insurance pn:miums and ground rents. Lender may not cbarge for so holding and applying ,he Funds. analyzing said account
<br />or verifyinll and compilitta .lud _/leots and bills. unleos Lender pay. Borrower interest on the Funds and appJicable Jaw
<br />permits Lender 10 malee IIUCb a charge. Borrower and Lender may agree in writin, a' the time of execu,ion of this
<br />Deed of Trust that interest on the Funds ,hall he paid to Borrower. and unless such agreement is made or applicable law
<br />requires such in_ to be paid. Lender ohallnot be required 10 pay Borrower any inlerest or earnings on the Funds. Lender
<br />shall give to BolTower. without char&e. an annual account,", of the Funds ,howlO' credit. and dehito to ,he Funds and the
<br />ptJtpOIIIl for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured
<br />bv thil Deed of Trust_
<br />. If lhe amount of the Funds held hy Lender, together with the fulUre moolhly in,tallments 01 Funds payable prior t('>
<br />the due datet of "taxes. ~(S~ insunmce pre-miums and ground rents. shan exceed the amount required to pay said taxes,
<br />3-!l8eSSments. insurance premiufilS and ground rents as they f;rll due. ~uch excess shaU be, at Borrower's option. either
<br />promptly repaid to Borrower Of credited In Borrower on monthly Installments uf Funds. Jf the amount of the Funds
<br />held by -Lender !\haJl not be tuftident to pay t.nt'~, aS~iments< in,urance premiums and ground rents as they fall due.
<br />Borrower .shaH pay '0 Lender any amount necessary to make up the deficiency wirhm 30 days from the date notice is mailed
<br />by Lender to Borrower req_lO, p"y_nllhereof.
<br />Upon payment in tull of aU sums ~ured by rha l.ked of T fU'iL I coder :e:;hulI promptly refund [0 Borrower any FHnd~
<br />held by Lender. l,r under paragr~ t g ht--Teof the Propcrtv 1'4 ,,()I~ or lht Property IS ntherWfsc acquired oy Lender. Lender
<br />\haU appiy, 00 faun- t.han immediately pnor l(l fhe \~le I,H< the Property 1,)( Hi .U.:quL""JOn l'Iy Lender. any Fund.'!: held hy
<br />Lender at the time of appJic.ation as a credit ag,ajnit the ~um, ~ured hy thiS Deed of Trusf.
<br />3,. AppIit::adoA of Payments. L'nles$i: apphcab!c faw prnvH1e.;;, otherwiK, aU pil)'m-e-nrs receJVe:d by Lender under the
<br />NoIe and panoi'''ph> I and 2 he,eof .h.fl he .pplled h. I.endcr firs' III paY01em d amount. payahle to Lende, by Borrower
<br />u~r paragrAph .2 hefeof. then t'C, intere~t payahk (m fhe N._ltC. then ~o {he priIKlp.,l of the Note, and then to interest and
<br />pnne,pa1 0" .ny Futu", ^dv"""",
<br />4. ~ 1.Jeat.. BorroW('-f ..h~H fHPr' <lH :a-M~7.. d.-;.ie~mcnl~ ;md (~thef- charg-c-s. fines and Jrftpo."Cjnions illfr1hutabte fo
<br />the: Property which may attain a priOTl!)' over tha Deed ot Trust. and tea~ld pa.ymenu or ground rents, if any, in the
<br />~ provided under- paragraph l hereof Of. If nnt paid tJt Slid:; mUJUleL by 8Cl.tfOWer making payment. when due. directly
<br />to the. pay<< tbete.t.lt Borrower ~hal1 promptly fHrm'\h l\) Lem.feJ ~!l noH":,-e,, pt- amounts due under- tht~ paragraph, a.nd in the
<br />eveAl--8onowu'shall make paynleUf '.itrecUr, 8orro'a>-er !lJ\;iH promptly itlffush to {ender receIpts evidencmg :such payment.f4.
<br />~n~r tha!l pTumptfy' dBcha.fJt' allY hen YvtHi;h has pnontv over thl'\ Deed of Trust; prOVIded, Ihat Borrower !ihaU not be
<br />rc:q'lurcd 10 dbe.hatgc ..my ~tK;:b lien ~, kmj ;1.\- 8orro'ifl.'"Cr ...naB agiec H1 \lirjtjn~ to fhe- payment \)f the o-bhgatlon secured b}
<br />'!ouch 1-~-n: In a mannef au::ept:abic t-u Lender, Of j.haif ir. gOQQ faIth i:onU:.~t 5uch iien by,;:H dctend en[or....('mcnt of such hen in.
<br />k#a.J procecdm-gi which L1'i:nte Ii) rm:vent tOt enr(1f';;:.tmcm of ~he hen or flXf.dturc of lhe Propert~' or any part t.hercoL
<br />!" HuanlI~.. Hm--ro-wc'C dulllleep the- Ilnpnw-ement'\ 110W C\l'itifl!( or hereafter cfei:tea on the Property Insured
<br />~.tfi'1Ioa- by fir\!, hau.nb inciuded: \ll-'tthin the lenn .'c'_\tendc_d c,''''er-,-!~'', and l,Udl Plher hillArdi'. dS Lender may reqUire
<br />and m $uch ammmtl 1100 flJ:C ,uch pcntw:i!.!l.'i LemJ(',( m.H n:qUtre; i:l1ovlded, that Lender ,.haU not rC'1:Ulf-e that the amount or
<br />weh t..'U\'~ra.gt" e:u..~ tbat amount of' o:."o"''Cf'age N:quln~d h~ p-a\ The ';oum.. ,<<,,_cuf("d hy lhl'l; Deed uf Tru-s-c
<br />The insurance carrier providing the inwranc:c ...."ali be .:hn~o hv HiJrlnWCr ~ubJe-,;-;t It' appfov.d flV f ,coder: pn:wlIled
<br />that sueh approval &baU fiOf be un~uhly wtfhheld, AU prermutm on m!illn.nce poikies ~haH he p;,:ud in the manner
<br />provided uoder paraarapb 2: ~ OJ, It not pauJ in !uch martnec b-v 8'ofrt.w-'cr HHlkmg pay~nt. when due. d.irectly to the
<br />1~ carrier.
<br />AU iMurance pm-tClQ Uld refttWm thereof m1lJl bot' Ifl t-nrfi\ ;lh..:;;:.ephsbk (p. f A:.n-Uer and ~h.aillndudc a st.andard mortgage
<br />,..Jausc 10 favor of !lnd in form act;epHlhte- l-n Le-fide.L 1 (,fUkr '!'>h<t_H ft>lve Ihe fight 10 huti.l the pt"')lJt:iO- and rcnewa!s. thereof.
<br />3nd Borro~~f "bail promptly furnish tu Lcnde--r all f-r:flt'W.\l1 Hi)Hi-;'('"'i\ .lutd all nt:~,~p-L'i of raH.I p-rtm:lUm'\, In the event of h:r~s.
<br />Borrow<< 1h&U rl""~ prUtUp! noftlCt: to the IfmJfltfi(",(" ~31ffef .<l.!1d Lender. f. :cnde( n-t:J)' male proof of im.",> If not made promptly
<br />bY~,
<br />, U~ Lender 400 Horrowet t1(h4:~'t1ll:- .gn:~ m ,",'fltrng, H1't--uJ.3:n-Cf: pri..x:ced$ ..haU Ix' applied h.) restoratIon or rep-adf of
<br />tbe Pmpttty ~~ p.n;wlded l.uch rn10UtH:m OI .epa-If I~ Co\-()l'lOffiKa-i!y It:J'Mbfe and !he 'Stc(-urity of thl!\ Deed of Trust l~
<br />not tf1eNby Impwt~t U Slid'l tel-loratn'):ft or jep~lIr a. l'H_~ e-":Utl'!.'Hl1;-C!!Hy h:a3lble tH' If the se..:unty of thi~ _Deed of Trust would
<br />he unplllnod. 1M .mtJ"''''''' proceeds >hall b<c applIed 10 the, .um. "",,,,en by ;hi, De<d of Tnm, wllh Ihe e'eo"'. ,f any, paid
<br />ti;) Bonower, H tb# Property ti ab-~-:ted by fktrr~"ef, or it li0fro~'"t'f f Jf!!J h) rnpond to Lender wuhrn 30 day;\ from (he
<br />~ notice 1S ma-lled by i...e~ It) Botruv.-ef thaI {be H\Wulnce i.:o.lrntf (ttltr!\ to. settle a chum tor Im,mane-c benefits, Lenuer
<br />i, ~ to--cullect':and &ppty the iniUcance pHX.~ al Lender', <'PIton e-lthcr in restoration or repaH of the Pro~rty
<br />or I(J the ....... \ilOCtIted by ,his Deed ,," TrusL
<br />Ufttcu l.endct -and 8off'OWer otber'wlte uJf1:C In wrl:fmt=:, .W\' ~u:o.:h .appllcaHou of proceeds to prin<Clpal shaH not extend
<br />,'r poolponoe lhe due d.atc of the monlltly '">tallment. reternod 10 In plU'agrapho I aod 2 hereof (>f change the amoun' 01
<br />.uch inttllllrnems. If rmdcrparaaraph Jll hereol the Propert~ " ac'luu..o by Lende" all "gbt, title and interesl of Borrower
<br />In and '0 any .nsurance polICltS and In and to the pcoceeds tOOre,,1 ""Wllog tlUm dam1lll" to the Property pnor 10 the sale
<br />,,, acquisition .hl\ll plUS to l..eDder 10 the eM~nl '" the .un" ..xur<tl by thi. l)e.od 01 Tr"'l ,mmediately prior 10 meb sal~ or
<br />~tion.
<br />6. ,,_........... Mil' T'" of ~ lAMdlafdo: ('~ PI......... Uall De.....pmems. Borrower
<br />~'haU kup t.ht Pf\~rty .In good reps-iT 4nO -maH Mt CtnnmH ViA:~.te ,,~r permIt impaume-lH 01 deterwnuion of the. Property
<br />~nd allall oomply willt the pnmoions ot .ny' lea... if thi$ D<!ed of Tm>t " on a lea.<ehold. If this Deed of TnUI " on a unil in a
<br />~um 0' . p1""oed unit ~pment. Bom:iwer >hall peuorm all 01 Borrower., oblipllOM under the declarat,on
<br />o. ...-. ue.uint or llO"C<'ltinll the c<>nd<tmiunim or planned un1< <kvelopmen1. tbe by-I....s and regulat;;,"' 01 the
<br />c~ <>rplauned unit development. and Constituent. document'. II. condominium or planned un,! de,'elopment
<br />ridot>r is ~ by ~ and reeonled t~ with tI", Oeed of Truol. the eoveroo"lS and agruments 01 .uch rider
<br />oMllloc,~ into and shall_nd and OUpplemen1lbe ,'Oven.m, and agreements of this Deed 0' Tru>t ... If the ndel
<br />__ " put l>>Mof,
<br />7. P--....., ~ ~_ If Borr,"'...r fail, to perform the covenants .nd agreemelll' cnnlarned in Ihi.
<br />OotIId.o( n..Uf if....y lWIioo<< ~gi. co~ whiclt """er.-Hy affect. Londer', interest i" the ProperTY.
<br />i~ but_ limik14to, eminent domain, .JU<tl"""'-'Y. code enloruo_nt, or am.n..,"""'t. or pf""e<dings IIIv"l.mg a
<br />___nip! at' ~ tboot Lender a.II..t:b<Ier', option. "poll notice to Borrower. may"'.... .och appe.r..m;.,.. did",m: ,u<:h
<br />_ and tHe tudt U!lon ... is _y tt\ p:ottlCl Lenders inIO""'. mduding. bUI nel limited w. d,.hur>ement 0\
<br />~. '.. '. 1Ilit'lmlJY'l f_ and.ClIUy lip'" ,1M p. ropeny. 10 """''' reI""", I f L~", required m<m",.., ,nsurance ;(, a
<br />~ofmUmJ"'loan~..y 1M D\!oi,o( l'rmt, Borrower ,hall pay lhe pc_tuau ,eqUlred ,,, "","'tam slIch
<br />~ ill dtct. lUIliI .iUdllilt\e' ... tfi!t ~! lor well i"""ra"". lerm'''''t'''' in accorda""" wlfh Borrower', ,,,td
<br />t............. ...WIUlft...... ... *. =.~~. U. lII'. B._. $Ita. llpaY.!he a"""'n..l ".1 all monpge in.u",,,,..,, prem;uIm in the
<br />~~__ 1 bmoof,
<br />. ::i.. .JiIIlllUSIlI;.. .... .. . . by t__ .~. . to ,~ pa.ragrJIpb 7, wllh 1n1.,....1 lhere"", ,hall "",,ome .<1djti"".i
<br />,.It Inol' ~.~ ~lllii~. of l'rmt. Un'- ~.nd Lender a.._lo Other lerm, 01 payment. ,och
<br />'*- ~..'*""aWc t.lpJID _leen- tilllll<< In IIoffl>'iOW ~jnt: J*Y~"I tbenJof. and .""11 bear int"""t I'"m ,he
<br />__of tlilIlIIUllIlU 1,11\1 itllH.. ~ trolft timtI to time on tfU1,""ndiog l"'inc'lpal under the N",. unius p"ytmmt of "''''relIl
<br />1I\I....t*'WOIlN l.>t ~ to ~ law. in whicll...._ ..1Cb _"I' ,hllH bear '''\;In,',, at tto", b'llhest rat..
<br />~ ' }1.1tI..IdIlfu:~" IlIw, NalItln& _ioed II. 1m. pa'...."ph 7 ,hall require tender to ""'''' any upe_ or la..e
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<br />... .........' t..... ~ ..... <>t ca_ t" he made "'~" e<Jtrm UpoIl and ''''f''''<'l'''''' ol.'he Property, (l1"W1dt-d
<br />1!lr;g~_...___ _ prior II> "")' ~ ,~ .""",tyi"l ~bl. ca...., the..,lo< rd.,ed f(' tcnd~r',
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