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<br />83-004093
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<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />,1. hyment of Principii' and Interest. Borrower shall promptly pay when due the principal of and interest on the
<br />indebtedness evidenced by the Note, prepayment and late charges as provided in the Note, and the principal of and interest
<br />on any Future Advances secured by this Deed of Trust.
<br />2. Fa.... for Tu. ... IlIlI8nnee. Subject to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lender 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 "Funds") equal to one-twelfth of the yearly taxes and assessments which may attain 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 installments for mortgage insurance. if any, all as reasonably estimated initially and from
<br />time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be held in an institution tbe deposits or accounts of which are insured or guaranteed by a Federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes. asses.sments.
<br />insurance premiums and ground rents, Lender ma)' not charge for so holding and applying the Funds, analyzing said account
<br />or verifying and compUing said ..sscssments and bdl.. unless Lender pays Borrower interest on 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 shal! be paid to Borrower. and unless such agreement is made or applicable law
<br />requires such interest to be paid. Lender shall not be required to pay Borrower any interest or earnin$" on the Funds. Lender
<br />shall give to Borrower. without charge. an annual accounting of t"" Funds showmg credits and deblls to the Funds and the
<br />purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured
<br />by this Deed of Trust.
<br />If the amount of the Fund. held by Lender. together with the luture monthly installment. of Fund. payable prior to
<br />the due dates of taxes. asoessmen.., ","uranee premiums and ground rent.. shall exceed the amount required to pay said taxes,
<br />assessments. insuran-ce premIUms and ground rents a~ lhey tall due. such excess shall he. at Borrower's option~ either
<br />promptly repaid 10 Borrower or credited to Borrower on monthly installment< of Funds. If the amount of the Funds
<br />held by Lender shall not be sufficient w pay taxci, ...e,<<ments. Illsurance premiums and ground rents .s they fall due.
<br />Borrower shall pay 10 Lender any amount necc"'ary hJ m.ke up the dellclency WIthin 30 days from the date notice is mailed
<br />by Lender to Borrower requesting paymenl thereof
<br />Upon payment in fun of all sums "",ured h, Ih" 0..",,, 0' fruSL lender shall promptly refund to Borrower any Funds
<br />held by Lender, If under paragraph 18 hereof the Pmpcrtv " sold PI' th,> Properl' IS otherWIse acqUIred by Lender, Lender
<br />shaH apply. no later than imme~;hately pnor 11:) fht.' "'die of the Pn)pcfl~' or Its. ;tCqut~illon ~y Lender, any Funds. held by
<br />Lender at the tune of application a~ a c~dlt :agaimu the ,"urn" \-ec-ured hy thl'> [>t-~d ot Trust.
<br />3~ A"ucadoa of "Payments.. Uniess ~-tpptK.abfe b'oll tlrnvH..1e"\ otherwIse, aU payment.. received by Lender under the
<br />Note and paragraph\ r and :2 hereaf 'Sihail t)(~ apphed hy I ~'-nder fir~t :n ra~'IDent of a.mounts. payable to Lender by Borrower
<br />under paral'raph 2 hereof. then to mterest payable ~)O the Note.. then :0 the pnnclfH11 of the Note. and then to interest and
<br />pnnclpat nn a.ny Futun: Advalk.-eS-
<br />4. ("batIK; 1.JrM. Bin-rower ",hall pay ,Ii! Lnc"t .l\.se",-~menh ,H~d \ltfK-r ~-h.aflte;., fine~ ,and Impo~Hlons attributable tr\
<br />the Propeny which may aUam Il pnofHy over ,hl~ Deed \,.{ Trust. and 1~.a:\ChoJd paymenu. or ground rents, If any. in the
<br />manner provlded under paralCraph 2. hcrC'.ol ,)f, it f)t1t p.ud 1-11 UH.:h manner, hy Bnrru\I\'er makl:og payment. when due. dlrecrly
<br />to tbe payee there-ot Borrower '\haH promptly l urm\h w I ('mkr .:tit notJ\,.'~" i'.t amount" t.hH::: under tht!i par-"Ir.a.ph. and in the
<br />evrot Borrower ..hall make payment d!n.(~rjy, Bcrr1:)\\''Cf dl-i!H rtl)mpt1~. hHnls.h to I.cnder rc-cetpts eVJdcncmg such payments.
<br />Borrower !dlaU pn."tmpdy discharge .any hen '"tl,cn has Pll(lflt\ \'lit"'f tn., Decd tlf lru"n. pn)\'tdeJ, that BOrrn\H~-( s.hall not be
<br />reqmred to di"lCharg-t: any !iiuc.h hen ~; lon, ,h 8~'lrrnWC-f ,hail atllc(' li"t ..\ rttlf1j;: h'> the p;t\;m~nt i."\'f the (\bhgatwn 'iecurcd b~
<br />'loch!lC1\ in a manner aC1.~cpt.hJe h' I.en.r, n-r ~haH In jlood !,':nth ":f'>niC'\t l,.w.h h"C'J1 fly l\f defend enforcement (1f \\ll.7h hen in.
<br />!eg,ut.t\'X::--s wnK-h ope-rate tn pt't"~-nt the t'llhH'cem-em <it th(' lieu Ilf h'!fCiWH" pt :~ J>roJlC'rty or any pan thereof
<br />"H l~. BOlro\ioit'f \tutil ~ce-p ~he ImrfOv-=-m~nt\ !\O""- C\p.;!lnt: p! h\:fc3ffcr c-rc~u:d ()n 1M Prnp.trty Ins.ured
<br />a.gal-fi$t }\).$5 b\' lire. haZArds If\i:h.tded wuhm the {eml .'~H('f'll.k..J "f';-\n-a~C' and "-tKh (.ther hil.l1ln:h as, I.cnckr ma.y reqUIre
<br />and In s-u'Ch ..mount, .lad t.n! IlilKh rc-nod,-\ a\ I <,n.-ile, malo r~qUlrc rn1.., Hk-J. 'Ihai I eUI..lc-r ...tull n()t requIte that the: am<lunl of
<br />inch i::OYer...-c C:.1.c<<d ,hAt amount of -\.i)'t'erilii: n"quHitd h' pa\ tht' 'HirtH ~-\..u-red t'iv dH'i Deed of Trust
<br />fhc Jn~HH"'fil'C 1.:att'1('( prO'\'u:im-g the H1\W;;ln'((" ..haB ~ ,h-..-~...cn t---\ tkHrll.....cf '\'.ttl~('-\,:t t,., dPp-ru,,'al tn f coder: prc\),lded,
<br />that .,uch approval sh.H not he- lJ~rebt.nlJlh.J"" Withheld "'-H pf'CrmUn\";. \'<n t-H!U! ;1;1('( r.OhCi~ \ha. H he paid in the mannef
<br />plVYidcd. under par&,IRpft 1. heXrof Of. it !~J-t paJa HI ~u.;:h mantKf, h\ !k~rn""cr makin' pa,yment. when due. olreedy to the
<br />.osurantt L...ner.
<br />AU ltaUl'a.ft\,'C' pohoC\ and re~w.b. {hcr~\)i thaH ~ ft-i i~!fm jh.;,:q:lotaN-c i,' t (;tl~kf Jind ~aH Itx:ltl-de a '$lioindaro mnngag.c
<br />,...-la.U'1C In favur of' and in f-onn ~(:\..-:t"p-!i';hk t(1 f t'mIe, t CH-;;.k. ..h;di h~"c ?f1<- Pitt! fO hi~iJ t~ po,.:oh~~ and tCMv.ah thereof.
<br />.;.sod Bor!(~"--e( ~h&H ph..lItlptlv futn~ t<,.) l.-C'R(k, O1H !~f~~; ihJ'tKt"-"> arnJ otn :<.:--..-etpa p{ r.,li..d rremmm\ In Ihe- event Hf Io-s.s-,
<br />6o.rro.....--et ,h.U gIve' pr\.'lJTtpl noh-kf: h~ t~ m~ut~HlCt' \.Mf~~ JiB;! l-o(~f I erh-kf 11M\: mat..c pHl{jt \'1 k~',. If nof m,nit' ph'mpfly
<br />b\i Botro1ft-ef
<br />Un~ lender aoo 80ftt~T1 dh-ct~lU' 4ilfn:- tP, ~'dH~1~". _WH__H~n-~~ p-!-P've('-d~ ~h,1~l he ,t;~hed h' re,-"wrtt.h-t.)f\ \-).1 n:pAlf pf
<br />the Pf\~rty dam~d. pto\-'1.Jed 'Uh.'h f'i:"iiHt.itit'n. ~!l !ep.Hl ". \'>'J'lh'>:llh\-lill\ it'''''Hhh; .lllU th{" \('....-nflty uI th!", rA"'eJ of hW!'.f I"
<br />not tftef'1!:hy Imp-flH'ed H 'Hn:h rnlt.11ijiH..nl ~....{ 'f:P;ll:H ."1, lh1{ ...."','thlPH\.dih Jr-a"!-,hk '." d !t'i~ -\c~I,.H:t)' 1,1t thl' l.'Jreed I.." ll~ht .....ouM
<br />he impajn.~"l the- m~...H.a!}\;.(' phKt1ai", ;.hllU he App--hc-\! 1>.1 ;~t,~ ),qnl.,\ ~,,4!"O h, llU'\ lk'I>d.d I ft)~, w.th. the (,\;"'0,", It an}., pitH.i
<br />to 8on-o-""('f it tbe Pn'f'en~- n ...b.tJ'~'fK'd "'t' ~'lffl:.T'ltlfCt, ,,!: tf ti.-.Vf!<,...Ct Lili.. 1,1 n:",-p,,>rw to I ('oder \\-JtMm )() dt.t\-',\ It'om rhe
<br />d.atc n\-.'ltt\...<, ., maded ~ t erxk.r Ii) BOlfO....-Cf H\.t Hiit' Hl;)AH<tfuc \.,~ti:~1 i,de'h h' fK"Uk .4 dAtU1 hlf lHMlfiUU.'(' lllCoeflt\., l.:nde..-
<br />i~ authQrllw au i;t.--.ti<<t and appi)" the lUMtflll-k-C t'h:lI;..c>('~,h ..It i l'IH.k'l ~ ('PH\Hl Cdtlc-l {,) Jt;~tor.th,--lfl tJf rcpau ~tf the r.r(Jp~rt~
<br />or to lhe .um_ "",,,ured b~ Ih.. Dee.J ,,r Tmst
<br />Un-leu Le-~r and Botn"wef (It.he-r_l~ "1'<< H\ \ll,fHtnJ_ >lfH ..u...h __"p'k.:-iAhOH tll p-r~J''C'fti, b." pt'uh.:qJai ~hall not (-,tend
<br />t'H ptlS-IP.l.t'Ml: the dUlt J.ate ~)-t the olonlhi) jn~lilHmc-ni' [t"fettC'lJ I\' dl pitf....lU~1b!\ ; "Ind ~ h.:k1.,.f ,n t.:hangc th~ ..mount 01
<br />nM:b Hu.l4Umonh. It under par..nt.ph I ~ nrl("\ll the- f"rni)('n\ :., ....o.lUII~ t>\ I C'ntler, "H lIght title MkJ It1tcr~t ".! BOfJVYo(f
<br />It\ a.wJ h.l ~uW m.Wf.~ po1h.."'tO- it.uJ Hl ..00 h.l the rf\,~h ih<r61f re!tuHtn, Item Jam_rc to the Property J)litH it) lhc ).i!l\.'
<br />(\T acqUJ5dlOn .1h..U pu;a. t,) L~nde-r tu the ....:\h~fU ut lhe ~um$ w:\,.urcJ tl\- fhll\ 1~ ~lt lrmt InHncJ~ald! pflor {p \.u~h \ale (if
<br />a<:quilino...
<br />.. rr-n....... ~ of ~J: u~ ('0""''''''''_ Pla-.t UIOil l>e,,~ ll."".wc,
<br />\.b.U k.c:cp- the Propert) In I-Vlld r'1CJ.wf .,tuJ '\hatl i:h..>i ...~~rmH( ".hh: '" ~tHHI tmp-aHlno:tH ,~r lh:-ICfhlfatH.m ,'If she Pfopcf'l\
<br />.sod shall com.ply 'With tbe pt'O"',-s.JII.-ms. of ao)' M:~ If tht' r~ \)t I tU'!Ji !"> tm .1 Ica.'lo<-hQW If tht:\ r~d (\t' Tru1-t ,'- \Hl it lUl11 Hl <t
<br />c-ondominu.un Of J, pf.a.noeJ unH dc-\'e!opment. BofhYACi ~haH re-tt~H m ..it of 8onl)'W~r! 'JNlpt<<.-\n" unJer the dcd.uathln
<br />Of \:O~ aeatma Of cu\'cnnnl the (~"'\ftllmUm ....'r ~a.nned unit de,-'c!-t:)pfnCnt, tnc by-taw" .tnJ reguiJllf\-fh .'1 tht'
<br /><<lOdomiaium Of plannc:d uwt ~'--cloprncn[. and. ~~n$hh)C:n{ d..XlJl'Ilcnh If.. ~...:~l\kmlmmm t.\f pianncd lHHt dt:\id~ipnlCnt
<br />ndcr- is e--x~-utcd b)' Borrmlli1'C'i and rccurdcd tilJelber '<o\.ltn lh,!) t~ (It (nn.t. the ;,.i,Wenants and :lgrwm~nh of HKh !iuer
<br />1halJ be incorporated intQ .nd .hAll amend and. ~ppknw:nl (be ..'i'l-\'-cn~nh ~H)J oitgreernent\ \'{ thi$. llecd (It "I ru:\t a\ It tht: i!Ul;'f
<br />W\\tCl a part ~
<br />15 ~ of .........." Sec--.k), If 8o-rrow(,f fad!. h.. pt:fh.'1'ffi t~ ...v..-en&nh iU14 iqtfUmcnh 'I.'pnlaiJli:d In ihh
<br />Deed of Tnat. or 11 any ~",,'1ion Of proc.eedUlI l-" rO-fumen-..'ed ~'bk:.h mate-naB;. ilfftt.:b LefKk:'r':ft. H\lele\t In the j"roi)Cft~..
<br />jndudm-.a. but not hattled t.Q~ emiDent donwn.. Ifb,O-i\'c:~:, ..:{,,"lie cntor~cmerH. f\f arr...ogemetH:", \.)1 phxC'(,.."thn8' lO\'(lhHlg .l
<br />bankrupt Of ~l. tbtn l,.,ender 4t L.c:nder'j optl:on. up.JO fu.\ti~(' lu IJofrvwcr. mil) fnakt ~\h.:h dppe.:..r~n\'c" dl...ht.in(' \ud'l
<br />$U.mS and take s.uc~ .ato-n .u i-$ ~r) h.l prote.:t l...enJer.~ mterest !nduJmg. b\U n,': limited lll, dl\hmv:mcnt I,j
<br />~btc iU.t~" Ceo. -&n4 entry upon .the Property h. m.ai.t' rep.un. If Leu-dcl re-quu'et! molt.ale H~"i\,H dll\.'C ;i,; ,t
<br />~ of makma the: io&n ~tcd by tba Deed of T..n.w. 8orn..n"-('1 \I\ati p.a}' lhe pf(:~mum!1 f'C-t.{UHe-O tn maltH.am \~-H,h
<br />t~ in c<<ec:t until 1-UrCl\ time .s the requlnttneot tor It.k,:n ;tl-WUfl\.C ~Cfn\lmUe, :n ,H:l.',,)j"dan~e "'lth n(\frtlwcr'lo. .!ml
<br />t.......'.. -fiUen. ~Ot' .. able law. Bun-\.'1",'cr sh.n pa) 1M a:!1K~nt ~,f .lit fnortp.,c In\Unlf'li..'t: ;"rcnHum" HI th<
<br />.._ ~ Wtdcf ptl 2 bcrwf
<br />.. I\Jt Ally lUI ~ by tcndeJ punu.a~t tn tht$ par_gr-"tpb 7. with interC.$.f :nc.redo. \h311 t'(',-(ml< ;,l..h.htwnai
<br />~ of "rower *'~ ~ too [)ecd ~:lf frUit t lnl~ BorrO\frcr;and L(:n-Jer agr<< t.l.... "lither teltln of pa)f'WtUI, 'lid!
<br />_ts..t.n be JlIII)1Ible upon.1lOIJce fr<.>m lender III Bor"""':I '1:ql.le.tflll par""'"tthe'1:of. ~"d .hAU be.r Ill"'.,,,,, frp", ,''''
<br />... of ~t.. tlle ram JlIIIyabkl from tW t"lilm on out...."dlng PllllC'....' under Ibt' N.)le ,,,,1eQ paym<tttt of it"<rc.1
<br />.. __II tt.tlI _fd be COfttnry to IIppli<:able law. on ...Iud. event "Jell am"un" ,hall bar tnte'...t al tm, hlllh"" tole
<br />~ Wllkf apptkablto ll1w. NOllillli ronta,nW III ,hio paraar1pb 7 ,h..lI '",!"HC Lender fr. ,n;;ur .r" e,pe""" or t.~<
<br />""y8l:tion ,
<br />...., __''''''~ may i1lab Of li:J$U$C: '0 bt; made: r-e.a.wn.1W: entne." np::..m J:nJ H't"f'C':H-on.' pi th" PfOt1('rt~ phh hkd
<br />tNIlMildlf ~ ~'" OOlke pm" to aD)' ouch i....pe<:lw" H",c,fY,ttll ,e_.n.ble ".u..- !""tel"" ,d.ted t." I <I"k, ,
<br />t._ hi ...
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