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<br />83-4l([5710
<br />UNIFORM COYBN.AN'rs. Borrower ;lnd Lcnder coycmmt- am:Lagrce .as. follo\1{s:
<br />I. Paymcml of Principat ami ltJlen!St. Borrower shall promptly p.y when due Ihe principal of lUldinle,e.,t ontb.
<br />in<kbt.dn...evid.nced by lheNOI', prepaymcntand laIc charges as provided in the Note. and the principal oCandintercsl
<br />on- any FUlUrc Advances seCur-ed by-thi!t Deed of Trust
<br />2. FtJmlsforl'_....d I_nee. Suhject to applicable law 0, to a written waiver by Lender; Borrowcr shall par
<br />to Lentler on lhe day tn<>nthlyinslllllments of principal and inlerest are p.yable under Ihe No.e. unti'lhe Note is'paiQi~,fl!ll,
<br />. sum (herein. ~P""dS") ,eq",,1 10 o_twelfth of the yearly taxes and assessments which may' attain' priorityo'VCrlhi.
<br />Dec<l of Tr:uSl. and groundr<:n",," lhe ProperlY. if any. plus one-twelfth of yearlypreminminstaUmcnls forhJlzardinsu",nee.,
<br />plus "mHwelfth:ot yearly premium installments for mortgltllc inslIrance. if any. .11 .s rcuooably eslimated,inillallyand'from',
<br />time to time by Lcndllr on the b..is of assessments and bills andreason.ble eslimales thereof, ,'. '. .: ,.., ,.,.<.:
<br />11wFundt,shall beheldin'.n institution lhe deposits or accounts of which are insured or guaranloe<lbyaFi:dera.~"ar',
<br />s!llte ageney (including,Lcnder if Lender i. such an institution), Lender shall apply the Funds tOPIlY said laxes; as~llTeil.l$~
<br />'Muralloe premiums and ground rents, . Lender may nOI charge for so holding and "pplyingthe Funds" .nalyzin~,s,dil:,,:cotl!'t:
<br />or verifying.nd compiling ..id assessments and bills. unles, Lender r'Ys Borrower inlereston lbe Fun<ls and'"pplicabktcJ..,^"
<br />permits Lender 10 m-alee such a charge. Borrower and Lender may agree in- writing :at the' time' of execution- of--:Uils
<br />IRC(t of Trust that interest on the Funus s.h..aH be patd to Borrower. and unless such ~lgrec-mcnt is made or 'applicable law
<br />requires s.ue.h- interest 10 be paid. Lender shaU not be required to pay Borrower- any interest or earnings. on the--Fun~s.___L~der
<br />shaH give to Borrower. wi.thout charge. an annual accounting of the Flll1d~ s.howing credits and-debits to the Funds and_the
<br />purpose for which eac.h-debit fO ahe Funds was made.. The- Funds ::ire pl'!:dge.d as additional security for-the.-sums _secured
<br />bv ,hi. Deed of Trust.
<br />. If the amount of the: Funds held by Lender. together with -:he future monthly ins1aHmcnts of Funds payable- prior to-
<br />the due dates of la:t'~. assessment~. insurance pTcmjllm~ :ind ground rents. m;\U ex('ced lhc amount required to pay said taxes;
<br />nsse:Ssmcnts, insurance prerruums ;mo gn:<und rents :1$ they fall due, ~w.:h excess shaJl be. at Borrower's option, either
<br />promptly rep3id to Burrower or credited l-O Oorrower \~n mnnthly lflstaHme-nts ~lf Funds. If the amount of -the Fund!\
<br />held hy Le"def" s-haU not be sufficient w: pay taxcs~ asscs~rnents-. in!iuf>!ncc premmms. and ground rents as they faU due~
<br />Borrower sh.:tli pay to Lender .any amount r.e-CC5'mry to m:tkc up the defiCiency withll1 30 day,s from the dale notice is mailed
<br />by Lender to Borrower requesting payment lher<:of.
<br />UfX'o payment in (ull of aU sums secHred by this- Deed (It Trust. Lender shall rromptly refund to Borrower any Funds
<br />hc-id by Lender, If under paragraph I S hereof the Properly !~ sold or the PiC'pcrty IS .o.then\"lse acquired by Lender. Lender
<br />~haU apply. no later fhan immedultety prior to the s.a!e oj lhc Property or Hi ~lcqHl$lhOn by Lender. any Fund$. held by
<br />Lender at the- ~ime of apphcation as a credit against the S,lrns !".ecufcd by this Deed of Trust.
<br />3. Apl'lkatioa of Payments. Unle:<;':O;; i,lp-p!ic:!blc law pro\-'tdes otherwise, aU p.aymenl~ received by Lender under the
<br />NtJte <lotI paragraph~ laud 2. hereof sh.dl he applied h)' Ll"odcr flrSI In payment o~ ;IOlOl.mts p~~yablc to Lenuer by Dorro\.vcr
<br />under p-arag-raph :2 hereof. lhen 10 inlerC5.t pJY~-lblc on the N(llc. then to the prmclp;11 ('If the Notc. and then fO inlerest ~md
<br />principal on .my Future Advances.
<br />4. Ch....fi~ I.iens. Borrower S-hllll pay ~!l ta'tcs. ;:hsc.<;:smenl<;. tHld nthci charges.. floes and impOSitions attributable w
<br />the Propeny which may -:ttt:kin .:1 puority over lhis Deed (\( Trust. and Jc;:1sehold payments or ground rents, if any. in the
<br />manner provided under paragraph 2 hereof OT. if nor paill ill such Bl:1nner. by U0nowcr making payment. when due. directly
<br />10 [he p;J,yet: the-reof. norrower shaH proOlp-tly fHenish 10 Lender ;tH notices 1..)( Jmcunts due under this paragraph. and in the
<br />cft:nt Borr-owcr shaH make:, payment directly. R.('rrOWer <;.hat~ promptly hlrOlsh to _ Lcnder rccelpts evidencing stich payments,
<br />Borrower shall pr-ompt1y dlscharftc any lien WhKh ha'S pt1Qnly f)VC'r thiS Dc~d ut l'ruSl: pro\'ldcd. Ih~t Borrower shall not ne
<br />reqwfed to di~(-h3rs:t ;tny s.uch lien s-o long ;1.. Borrower ~>h-;}Il agree in wntmg h) the payment of the 0btlg:lIwn secured by
<br />~li('h Itc_n iila manner acccptable to Lender, or ..hair in gOOtS tHth (On!eSl '.\.\lcn :;cn hy, C:f defend cnft)rremClI{ of such lien in.
<br />kg;;;1 proceedm;s which operate It} prcvcfH the Ct'lfl1rccmcnt \11 !he hen ur t,--lrfctlurc ot the ProJ-x,:ny or any pari thereof.
<br />5. II~ InsunlllC1:. Bor-rower ..hail k.:cp the Improvements nO'\\' (~I)jtiOg. or hcrcaher cre-ctt"d <'11 the Propeny ini.urcd
<br />:lgatrni J05$ by tire:.. hazards Induded within 'he H:rm "cl\:ten-dcJ covcntte", .10tl such pthcr hJzard~ a,> Lcnocr may rcqlllrc
<br />and m such amounts rind (or $u~h rctj-od~ ~l' 1 {'ndcr m-a\ n:qUlre: pnl'/lJcd_ t!n,{ Lender ..hall ~h'l reqUIre lh:n the amotll'l (l(
<br />wch (~Q"'cnl~c exceed lhat amount of t'o\<t"ra~~ (cqlllfcd 10 {Jay thi: :mnl'i; secured by thl'i Dc-cd of Tru~L
<br />The insurance t.'3rmr pro\.aHnt; the ins.t!f~U\CC ...hal! he '.2hn~-cn b... Horr(1'\\Icr sllbjecl !ll approv.Ji hy Lender: pnwldcd
<br />that such approval &hall not be untc3.St:mably wl1hhcid. All prcmmni5 on tn$ur~ncc l)(lhc,e$ shall be p;lid in the m;mner
<br />provided under paragraph 2 hereof or, if not p.:Hd in '}uch m3nOl:t, by Uorr-owcr making p..ymco!. when due. directh' to lhe
<br />insurance carrier.
<br />All tn\uO$m:e potu;;es and reueww theH~uf !.h.3H ~,~ !O form 3-!.:ccpt.abh:: Li ! cndcr ,and "h.tH tndudc ;! s.t~H1dar-d mortgage
<br />clause in favor of and in form .H:cc:ptahi~ in Lender. Lender -shaH h"ve the nght H. ho.hl th,~ p;)li~tcs ;md Icncw';'lls thereoL
<br />and BouU'W.:r ::.hail promptly furnish tt? I e-r.~icr ~~H r~nev,-,iSi Botkt:~ ;;md aU re":Clptt. of paId prcinatms_ fn the event of io\".
<br />Borrower shaH gIve plum-pl Oulli."C hJ t1l... :nsuranc-c .:alTl\.-; and Lender LentJer m.J)' rHid,..: prO'..)! of h_lS'" :! not made:: promptl\'
<br />by nort<)WCr.
<br />Unless Lender ~nd Borrower lJthCfWi'M: agfC--: 10 \HH~ng. m:\\if:.m-ce ptf1-\:ccdi '.luH he app~icd !o fC"iIOration or I ~p;llr or
<br />the Properly dam_aged. pr-ovitk-d !>uch re~h)O!ltm ot rcp~lir 1\ ~i.'l)tlu-mlt..~.til}. k.:.t',,lbk ~Hld tile 5.C~:Hitj' of ItH$, De.ed l~f Trust t\.
<br />n"H thcreby Hnpilued. If such rr.stl.).fation \.if n:p-.;ur !"> flOI f..-"l:on,,)mK:;H-y h,";}\ibic Of ,f the "('(mity nf thi", Deed nf 1'1 \1st would
<br />be jmpa,r-ea, the .nsuranece prcx:ecd-s shall be: .aprr1ieJ 1\) lhe !ium... ~ecmed by thi-s. Dt>:d of Tnls,t, wuh the- C-Xi.:Css. it' any, pal\J
<br />10 BOlTo:wcr, If the Prt-\pcrt)' lS ~Ibandollcd b~ nvrn.n\'l~:, \lr it i:hxfowcr L.lls fn fl':sptnd 10- Lcndt.:r \vithill 30 days. from Iht:
<br />date nt.H&ce Ii Inailed by Lender to Ik)rr~)wcr lhat Ihe 111S\.lf3;n;.;-c cUrler dfcj~ h) SCHk a d.1an far Ins.urance benefits, Lender
<br />Is' authorized to coHect <lnd apply th>:: Hl:)uram;-'c PH.KL~ds ;H Lt:nder'~ ('.pll(Hl ..-lfhcr 1\1 fc..tora(I{Hl \.If repair e-{ the Propeny
<br />or '0 the: sums secured by th&s !ked ()( Trust.
<br />Unless Lender and Borrower othen...-t~ ;l~fc-e in ~\-fiHllg, ;illY ~uch ~IPttlt,";Hll'n oi pro,,;ccd's 10 rrml.:fra} ~hall not extcnd
<br />or iXl's-.ponc the due date of the m()Hthl)' lOs.taHmenb Iderrcsj to \11 palagraphl; I and:' hereot Uf change the amount oj
<br />such mstal1rllcnts, 1l under p,araaraph l" her'Cof the Property IS ,lcqulreJ by lender. .111 nght. tItle .lnd interest of nOHowcr
<br />111 and to Illl)' in$urance po-hcic.5 and. ,!l ,10J m the pnxceili 1h~re\..1 r~lflling tWfn (.tilll.oig..: It) the Pwpert~' poor to the ~ah.'
<br />('\.f acq~~sJtion ih~U pass tQ lender to the eAtenl of the :sunu :'C":UfCU by thiS D~t:J 0: Trust nnmediiltell' Pf~O( to "3uch s~dc or
<br />a<XIut1-itJoJ\.
<br />&. Prenn.atiDft aaad Maia:C~natKe uf l'rope-rt)', l..ebeholds.: Condorniniunts; Planned Vnil Uevelopmt"nts. Bor; r~wcr
<br />..h-,.dJ keep the Pro-pc'rty m;ooU rr:p:,uf ~I~ s.nOl-U HlH 1.:~\rnm1( 'A,JiU":- \H ilo.;nnll imp~H{IHCtll vr \kh.:rtl\raH()fi of the i'ropt'ny
<br />.mtl thalt comply with the p(OVilioll$ of any leas<: if thIS nec-d n[ TruM i'i un a lc~~.;:-holJ. r( thts Deed of Trust i~ on a unit in ~1
<br />condomltUwu or .a planned unit ,development. Uorrc:>>tf-::r j~U r-:dorm .lil of Oorrowcr'.s (Jhligatio!ls Hndcr the dcclaralinn
<br />Uf co~.a-tl Cleat-in, 01' go~mg 1~ t:ondotniftlUnl or pt~n.n~ umt development. ~he b}'~IOlWS and reg\:ilati0os of the
<br />-.:~ -or plalltlCd umt development, and cOlutl,tuent .1Jocumcnts: ~ If a condonllnium or pianned lUll! dc\'cit}p~nt
<br />nder, a ~xecuted by ~o""'tr and rec.urdeJ together WIth lht$ Deed or 1 rust, the covenant_$ and :tgrecmenl5 of stl\.:h rtder
<br />dRaU be I-MOrporated into and shalt amend and $UppkmCUl rhe \,":"t)'\i('nants and agreemcnts of this. Deed of TrllM as if the rider
<br />""'re a PArt ~
<br />7.. Prated.. of LeJuIert. Sec-urity. H Bo-nvwet falls to pedQrm the covenants and agreements contained in thl'i.
<br />Oeed cJf Trustjo or- it any action or proceedtng 1\ com.menccd "-hkk materialty affects Lender's inter-C),l In the Properly,
<br />inctudma. _-bi,n _not -fimkc4- to-, eminent dt.ltluun. In-'il~'''. -code- enfurccmcnl. or arrang.eOlcn\s or proceedings invoivlng ;1
<br />~Nft-\)r ~f' then u~ at ltmdct'$ o~lttun~ upon r~~.-;c 10 Uorrower. may make su-ch, appcllran-ces. dishurse s'och
<br />&utn5_ 'Uld ~ -.wc:~ - ~ at. is nc~ry to protcct Lcndct s .nt~resl. including. but not hmitc:d to, <.H:sbUf:!i.emnH ,-If
<br />~ ~.s fees- 3tW.-attty upon ,the Propet1y fo Plake TePi'trs. If Liendcr n:-q-uircd mOftgage in-SUf.1l1CC us a
<br />cOtldlllOn <If.~ the 1olUl-.ed by 11m Deed of fllllt. Borrowe, ,hall pay .he. premiuIl1$ requi,ed '0 mOllltain such
<br />,__in ,elttc11ilt1il wdlt...... ..Ihe r~tlur such i",,"'an... '....mm.'''' '" "..cordanee. wilh Borrower', and
<br />~'$ wl'iUcl\~ or a.~i<:.bIe I...., Borrow..r .h.1l pay the am<"'''l of all morlgage i.>loronee p~miunlS in lhe
<br />- flRWidcd. W1cMt"""~ '1 henof,
<br />,All<y.~ ..........byL.ftIdcr P''''W'U\lIO 11m pa'qrapil 7, w.lh 111.........1 ther<!un, ,hall become addition. I
<br />.~o( 8l>rrowet.~ by lhis Oeedo.! TFu$t, IJnl~ ""frow..r ltl\tl Lent:!<lr "&fC<: ,,, otber I.,"" oj pavmen' slXh
<br />~l.t. >lIall..bt payable II\lODNllk:t> lrom I..,mler 10 au""....r ''''1_1I''g p")'ment ,lter.of, ,nd .h.lI bea, intemJ fro;" ill.
<br />d:&t.-~ ~ *tt.-fiUo paya,bftc f_rOOt emu:--;O' IhM t~n nutst3-n-dtnl pnn<;ipaf un4er fh-e NOte \H\lcU- raymen-t of int~t(~t
<br />,lt~t'.1II ~ "" ~ 1","l>Pl",.ble IllW, ,in wh"," ..""t.,.."h a"''''"It. ,hall be.r ;nle,,",' 01 ,"" highest '''<
<br />~~ ~~, NOlhicnll "oma""'" in In,. l'\l!agr..J'lI 7 ,hall ,e'lu"" Le~r tQ ;IIeur .ny '.'1"'n", or take
<br />..,~~.
<br />1< ~ ~ -m.y m~ (tt .t;:~. h:t t~ made: rcutlfWiUlv cnlrj_ p;pon nH~ iMp<r:t.t'Ofttli of ~hc Prope.r t ~'. p(\wi~_.;,-t
<br />~t~l ~.'Mder lW- $fJt'_--.tkv~ ~miwe. pt~' tt.! ._n.,. ;'ucA in-~pec:l~~ $~ati~ tMtri,lnahkl: ('<J~ ~hcr'c~o; ff\f'iUcd 1\1 Lendet'1.
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