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<br />83--'\iQ 4 236
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<br />UNIFORM COVENANTS, Borrower and Lender mvenant and agree as follows'
<br />1. PJryIllelll of Prinri.... and Inle""". Borrower shall promptly pay when due the proncipal of and intere't 011 the
<br />indebtedness evidenced by the Nole. prepayment alld late charges as provided in the Note, and the principal of and interest
<br />on any Future Advances secured by this Deed of Tn"l
<br />2. Fmod5 for TUell andl.....,e, Subject 10 applicahle 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. untilthc Note is paid in full.
<br />a sum (herein "Funds") equal to one-twelfth of the yearly l..es and asse<<mcnts which may attain pnorilY over this
<br />Deed of Trusl, and ground rents on Ihe ""'perly, if any, plus one-twelfth of yearly premium installments for hazard insurance.
<br />plus one,twelfth of yearly premium inslallments for morlgage insurance, if any. all as reasonably eSllmated initially and from
<br />time to time by Lender on Ihe basis of assessmenls and bills and reasonable estimales thereof
<br />The Fund~ s.han be held in an institution the depo~jt!oo or accounts of which arc Insured Of' guaranlecd hy ~l Fctleral (u
<br />slate agency (including Lender if Lender f~ such an tn,titutjon), I.ender shall apply Ihe Ftfnc..f~ to p~y said fa~e'S, as>:~S"imcntS.
<br />insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds. analYllng ,"ul account
<br />or verifying and compiling s:itd a.1iSes..-1iments and bills. unless Lender rays. Borrnwer lmcrc-.;,t on the Fnnd\ and applicable la\lw
<br />permits Lender to make such a l:harge. Borf('lW-Cr and Lcnder m;:tY .,gree In wflting .It the time of exceuli,!" of this
<br />Deed of Trusllhal interesl on Ihe Fund, shall be paid to Borrower, and unk"" ,uch agreement is made N appllcahle law
<br />require'\ such intcn~st 10 he paid. Lender shalt not be reqUired '0 pay Borrower any Iflfcrc...t or C'arnings on the Fund"t. Lcndf..'f
<br />shall give to Borrower. wlthout charge. an annual accounting of the Fund.." ,howing credIts and dchih to the FWH.lS. anti the
<br />purpose for which each debit to the Funds was made The Funds are pledged as addi:ional securilY for Ihe sums secured
<br />hy this Deed of Trust
<br />If the amount of the Funds hdd by f .ender. together WIth the future monfhly instaHmcnt'l> nr Fllnd~ paYilhlc pnof tll
<br />the due dates of taxes. a~e~$ment~. losurance premi\lm.. and ground rents. ..hall exceed the amount reqUIred to pay s~ud t~PiC'\.
<br />assessments, insurance premium~ and ground rents as fhc)- lall due. su;:h c\.ce....~ sh~l!I oe. at Borrower's ~~plion. either
<br />promptly repaid 10 Borrower or credited to Borrower on monthly installments of Fuod\. If the amount of (he Fund(
<br />held by Lender shaH not he sufficient 10 pay taxes, a$Se~~meflts. trls,urancc premiums and ground: renls as they fall due.
<br />Borrower shall pay to Lender any amount ne(.~e$s.afY to make up the detictCncy wlthm 30 day~ from the dale notice IS mailed
<br />by Lender to Borrowcy requesting paymenl thereof.
<br />Upon payment in full of all sum. secured hy th" Deed nfl""I, Lender ,hall pcompHy relnnd 10 Borrower any Funds
<br />held by Lender. If under paragraph 18 here-of rhe Propcny l" 'il)id or the Propcn\' 1$ f".thcrw!,e acquired by I cnder. Lender
<br />shall appJy~ no later than immedIately pnor to the \;tle of !he Propcnv or lh ao:qlll'\lth1o b~' Lcm..ler. ~my Funds hcfd hy
<br />tender at the time of application as a credit against the sums secured fly thiS f)e~d of Trust
<br />3.. Application of Payments.. Unless appllcahle b....\- jJl\J'Jlde... olhcTWIs.e, aU paVnlCflf'\ rCCC!\'Ct! hy l.ender under rhe
<br />Note and paragraphs I and 2 hereof shaH he applied hy I .;-nder first lO payment of J.mnunh p::ryahic 10 I ~~nder hy Borrower
<br />under paragraph 1 hereof. then to Interest payable on the Nlitc_ !hen to the pnncipal of In". ~nfc< and then tLl interest and
<br />principal on any Future Advances.
<br />4. Ch~ l--lens.. Rorro'W'er shall pay all 1;I\C", ;I'"s.e_~smcnh ,_!Jh.! tither c"hargcs,_ fine\;. and !nlflt)'\llions .\Hrihotablc to
<br />the Property which may altam a pnomy over tIllS Deed of Trust. ,nd leasehold payments or ground rents, if any', in Ihe
<br />manner provided under paragraph 2 hereof OT. if nnt pajd in sl.H..-h ma.nner, or Bl)frOWer makmg payment, when due. directly
<br />to the payee thereof. Borrower shall promptly furmsh to I i:;\1llcr J!l notlt..~C~ ,)1 amount.'> doc under thJli paragraph. and in the
<br />event Borrower shall make pa.yment directly. Borrowcl ,hall pwmprly I nrn:sh w I coder receIpts c\.'hh'I1..:mg slll.:h payments.
<br />Borrower shaH promptly dischar~e any lien ',.l.-htch has pflOfH~ l)\>:f Ihl' J)c-t.'d ~It l"rll~L prpvldcd. [luI H~\rH'Wt:1 ..halt no! he
<br />reqUired to discharge any s.uch ht.~n ~o long a\ Borrowel' .,.hall <l~rel" !iI u.'fn:n~ 1:l1 iht' r,-lymCn! pf the '_lhhg;lltnn sc\:ufcd by
<br />such hen in a manner af.:ccplable to Lender. or shaH In guod t..iHh "'(.Hlh:~t "lH.h h~n tn-. or ,jdt'od c:n!t~r\.'l..'llll'nl of SUl.h Ill~f1 In.
<br />lega! proceedings whtch operate to prevent the cnft.)fl'Cmem \l1 the !len t\f fl'rtl,'ltltrC ~\l IflC Prt\pt'''y Pi am. pan thcrcpl.
<br />5.. Hazard ID5II....<<'.. Borrowcc ..hail keep Ihe lmpfovcmenh n()w l':\I\JiUJ,! lll" hen:.II!Cl erected on fhe Ptop~rlV Insured
<br />against loss by fire. hazar<b... indudcd wlthtn the tl:H!l '.C"\.fCf!l1cJ l..:.uvcragc. ~md ...m-b lllhn ihtl-.lr~h .1'0 11'fHk,- may IC4t11ft.'
<br />and in such amounts. and tor such periods a~ j i..'ndcr may !C1.lu!rc. PlP'ndcd, ih.1I LC'11tlcJ "'~l;dl OP! f\,'411HC that the ltHWUlll 01
<br />such coycrage e:s..ceed !hat amount of (o....entgl" n:qlllfcd 1\\ pa'!- The -s.urn'\ 'e~_-U!ed hv Ifll'> lkt.d j)f i ru"-t
<br />The iru.unlOce Cittrter prtl't'I(Jing the tn~\H<Hll.:.C ..hall he l..-hn...cn by HorflH\t:r '>llh;Cl.! III ctpPH1\-~d hy i o:mkr. pr,wldcd
<br />that such approval shall not be unrea~onahl)' Withheld AU premlumx on l!t~uran...:c pO!h.les ~haH hi: pau.l In the manner
<br />provided under paragraph 2 hereof or, It not p.ud HI ...ut.:h fnannt::f. h} Born.~wcf rnaalllg p-aymenl. when dUl~. threctly to the
<br />inalJJ'lU)C<: CArrier.
<br />All Insurance pohcie~ and rene\oloa.h !herc()f shaH ht.' l!; 1l,.); m ,tu..,.:pl<.ibll.' !,; I end~l .~nd "h~tll wduJt ,\ ...!.mtlJro mongag~
<br />clause- in favor of ana in fl..~rm acccptahle lu l em.leT 1_1,:ndel ..h..it h,j....c the f l~ht !n ih\id tht" p~,llt.:u.'_'" dnd n::nt.'>\ .tis thereof.
<br />and Borrower s.hall ph...mptJy furnish tv Lender ;}U rt,"l~'n-dl l!ulh.c~ .wJ .lii [("l..t"Ij:H.s d p.p\; pn..'IlHUll"i>>;. In {he I."ycot nf 10""',
<br />Borrower shall gPlC prompt notl':C to Ihe ,nsuraw.:e !.:..I!fit,"i dud Lt;m.lcr I t:lldl.'f fH-<t} IH4k.C Pll_1iA {If los, Ii not m,HJc prnmpll}
<br />by Borrower.
<br />Unless Lender and Borrower \)lherwl\c agree III .....rlllllg. jl1"U1ath",,~ fH\lo,.~t:d~ ...h;tll tw .1PPHt"d !il Il"'.!~lr.Hillll 1.)1" n.:p..tir nl
<br />the Pro-perly damAged, pH).\.jded !ioch fc"l-i.tlrdtlon HI :'~r~H i... nnnt}fH......!!j- fl.:.t,,<,hk .Inu th!,' -iC,,:J1filj- ul Ihi". D;:cd "I .1 ru.<.ol 1'1.
<br />not thereby unpaned. If such rcslOralHJn Of ft'~ldH I.. nOt t.'\.-\Hh.)mh.dU~ lI.',iJ,!\ibk ~'I :, ,he ..l.:\.\Jiii); ,)j- lhl... (keJ 01 I ru.a ~uilld
<br />be impaired. the IIlsuram:c proce-eds shall be applied 10 th~ \um... st.'u~lcd h) dw.. P-O:t,'d ot I fUS:t, "<llh If'll" ..."He........ II ,llly, p.ud
<br />to Borrower.. If the PropcH)- i~ abandon~J by 8orhlwt:f, ('If if I:kiff\Y.~1,.':1 !Jd.. t~) lJ:-.fh..-.nJ 10 !.(.'fHicf ~i1hln _H) (.1.4'1':,> from the
<br />dale notice is mailed by Lender 10 Borru\ol.cr ,hal the lli:o.lu..n...t' ,,-~fill:r i.'lkl'" Ip "<cuic,, \LWH fOI !n.....mam.'L" hcm:tih, lender
<br />IS aulhorized to ;,..oile~t ...-md apply the mSUfan~c P'lk,'\.~CJ" al Il"nucr s. ~lpiH)fl -I..'I!hCI it} il.:""-t..'r"iH_Hi or ltp..llr nl lh(" Propcny
<br />or to the sumS. scl.:urcd bv lhl~ Deed of '1 ru\t
<br />Unless Lender aoel Born,)wer ()thcrWI~ aglC-c Hl \I.ntln~, ..tll:- ~\h.h .lpplii..'.lIHH\ \II plt.II.....Clh tl~ pllnl..lp.d \h.lll mlt extend
<br />or J>O:ttpone the due_ dale 01 the Inonlhl~' IO\.lallmcnh rdCrll"d t~l l:l p.H..tgraph~ ,J .lfH,i, ~ hl.:rcol PI ,:h,lllgl.: tilt... ,U~l(Hllll 01
<br />s.uch ios,tallmeOls. 1( under paragraph IS her..:!.!'! thl' Proper1\. i\ .k'1U;fCJ hy 1 t'lh.lCi, .Hi f;~ht. title ..lod I1Hl'i~,1 ut HOIIO'o'I.l~1
<br />in and to an)' in~urant,;c poli'le~ and III and t\) the prl.l"':l'Ctb :ht:"h,:d rt:..ullmg In'ni damJ.gl: (0 lht.' PfPp\.'Tt)' pi inr !Il the ~;dl..:
<br />or acquuiition ~hall pass to Lender (...) the t::denl ul' thl' s.urn~ "1.:~Uft:J h~ thi~ DCl.:J ,H l"nl" ,lHm~dldlcl} pfil.lf tt! \lh.:h ,,<lIe or
<br />acquisitioo.
<br />6... Preier\-aoon 8Ild ..\taiateWlftCe of Property, l.e~hukl~; ('u-ndoUll.uium-s; Planned Ln;. Ue"dopmenb. Bm(r._l\~CI
<br />__hall keep the Propenj In g~ll,}J I"l.:'p.111 ..tHO ...h.dl n.:lt u'rlU1"iJl \~,hio... .ll 1',:;1,'\1: H!ifl~ll;ill:.:!;l ,~I dL'l('"fl,.:,i!:"!l ,~f thl' Propcn)
<br />and shall comply with lhe prO\'iSlOnS (~r an} lea~e If lhl~ Dc-cd ,If -1 fu~t l~ un.: kJ-::.dlOkl I! th:.... Deed ,'I: rru~1 h.m~.\ unit in ;1
<br />condominium or ~ planned uml .dc\'ektpmcnt. Borruwcr shi.tll pcriorm .ill o{ _ BOlr0wcr".... L1hhgaH~m';l ttnJ~r the dcd.II.Uh}tI
<br />Dr Cilve~a.nts creatmg or go\-enung the ":0nd~)mmiU11l ,,)1 pl.mned unit Jt.'\Cil~pm~nt. ~hc hj-I.l'.l.:. .~nd n;~lIL.iuOil'- ld the
<br />condomlDlum or planned umt development. and ..:c,Jos.ll[uctil th)~wnl.:nt~. It a ...."mdornllHum Of plano-J..:J unl! Jc\ch1pmcnt
<br />rider is executed by ~orrower and recorded together wlth thl.~ Deed 01 f fu~r, Ih~ ~o\'cnallt:-. uno agree-ment:-. ,o[ :>.u;.:h fllh...r
<br />shall be incorporated Hlto and sha.ll amend and ~uppicmetH (he (\1\t:fUllh .tnJ aglt~cmenb {)! thiS DCl':J ~\l Tru-.l ..\ If the lidel
<br />were a pan hereof.
<br />7. Protection l!f Le-Dde~'s Security. If B()~r;J,^cr L.IIls tI,) perform the ':O\t:llimb ..IlJ iigr":-C!lH:nl:"- ":"Ill;.i;!li.:d III lhl>
<br />Deed of Trust, or if any actIOn or procecd~ng !~ \.'ornmcn.:cu \\-hl-Ch :nJ.tcfld.-il)' ,liret:b l.cnJ('(;-, lnklt.'':11 In dl~ Prt1pCrl},
<br />including, but not Hmited to, eminent domain, in::.oln:nc)_ ~ode cntor..:.~menl. Ci[ ;irr.Hlgt.'m~nh ,)1' pro..:t:cJmg... l!l\i..,lvlIlg d
<br />bankrupt or decedent, then Lender at lender's option. upon nOlit:(' ttl Borrower. ITW.y make sl.h.:h Jpp(';jLHh.C"\_ ~L....hUl~;,,'" \1I~ h
<br />sums and take such action as i~ neces.sary to protc...;[ LenJcr'".s. liHl:rc')t, Inl."ludlHg. hut not limilt.'d ti;. d;"hw\crilt..'Il! l)!
<br />r~n~ble aUorn~y's._ fees and entry upon .the Property tn nlake icpuin, If Lend..:[ n:4\HfCU Ilh'ltIg.tgt; In...ur.H~~'l' ,I.., ,1
<br />c-ondltlon of makmg the loan se-cured by thiS Deed of Trust. Borrower shaH pay th~ prerlllum~ r":4Uffl'd tn rn.unLJlj\ 'dh.:h
<br />insurant:c in effect un'iI such time as the requirement for ~uth im,lIrafh:~ tcrnllualt::o ;n ac\"'('!rdan~-I..' wi,h B(lffl)\-l,'t,.!.... .l!\d
<br />L~f$, wri~ten agreement or applicable law. Bon-ower shall pa) the amount of aU mortgage m~ur>1ni.,.'(,.' pruniunh In lhc
<br />manner prov,ded unde, paragraph 2 hereof.
<br />> Any amounts disbursed by lender pursuant to this patagraph 7. wall llltt'-rCSf thCl"Ct'lli, ,h;dt f)Z',:npH: aJdltlOll,d
<br />lnd.e.blednes$ of Borrower sec-ure-d by this Deed of Trust tinle-s!) Borrower anti Lender .:lgre-e to (1tht'f kY~'n:-, or payment. .~Udl
<br />a.moun~s sl\alt be pa)'ablc: upon noliC"c frO-m Lend~.,. to Borrower requesting PJYl1h7flt ther~of, illJl..t ~h<dl ht....1i inh:rt;s! ':lOln thi:
<br />Wile otdhbursenwnt at the rate p.yable from time 10 time on o"lstanding principal under the No!c unkss paymenl d intne'l
<br />at SII~h rate would be, COnlla\)' 10 applicable law. in whICh even I ,ueh amnunt, ,hall bear mlne-,l ;,t the highe't ",te
<br />pcrntJ~~blc under apphcable h~w, NOIhing contained in t~Hs p~i;f".lgra(lh 7 shall l'cquin; Lender to lth.,"ur .!ny txpem.c ('1" lake-
<br />any action hereunder.
<br />I.. J~l~~ Lender may m.~~c \lr~ause to be made .rca_\on,tbk ~:fltnc~ ,lpon ~Ind m'-,f)L'(t\(){h (;( \1".' Prl!p'\.'rt~
<br />~hat l...e~det $~Ullve Borrower nottei.' pOdt to any ~uch inSpe(11t"1n sp.c<'<lfying rea~(mJ.blc 1,:~Hl"(' !hl'"ft."Lp ~'\.'btcd In ,n~kr'\
<br />lO!erest .n the Propertv,
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