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<br />UNIFOIIM CovENANTS. Borrower and I.ender covenant and agree as follows: 84.,....-a02344
<br />,I. ...-.,........... '-- Borrower .hall promptly pay when due lhe principal of and inlerest on lhe
<br />,ndebl_ evidenced by lhe Note. prepaymeat and lale charges as provided ia lhe Note. and die principal of and in_
<br />on aoy Fufure Advances secured by this Deed of Trust.
<br />2. ~,.. T_ .. 1_. Subject to applicable law or 10 a written wai_ by Lender. ~......' pay
<br />to I~r oa lhe day monlhly i.....a1I_n.. of principal and iale.... are payllble under the N-. ualillhe Note.. paiOin full,
<br />a sum (herein ..Fu.....") equ.1 10 one-Iwelflh of lhe yearly laxes and a._nil which may aualn prioritY over Ihis
<br />Deed of Tn"I, and.......nd ren.. on lhe Property. if any, plus one.lwelfth of ye.rly premium inllallmenlS fnrllazMd~,
<br />pi.. one.twelfth of yearly premium instaDments for mort.... insurance, if any, all as _ably estimatedinitially.lllU,,-
<br />time 10 lime by Lender on lite .... of _IS and bi'" and _able esli_ IItenof.
<br />The Funds shaD be held in an institulion lite deposit. or accounts of which are i..... or....r.n...by aE
<br />...Ie aaency (includinl Lender if Lender i. such an institulion). Lender ~aD apply lhe f:UDds 10 ..."Ukf~... ","',
<br />",SURace premIUms .nd around renls. Lender mar. 1101 eM,. for so hokIi"l and .ppIyiti. IheFUIldI;"lIliaIyiitit
<br />or verifyi... and rompilinl saId _ts and bills, unless Lender pays Borrower in_ oa'the'FtmtJs and '
<br />permits Lender 10 make .uch a charae. Borrower and Lender may...... in wrilina al the lime of --i!l!t', ot dl"IJ
<br />Deed of Tn..1 Ihal interat on lhe Funds .hall be paid 10 Borroww, and unless such aareement is made or '~'"..w
<br />require. .uch inte""" 10 be paid, Lender shall nol be required 10 pay Bonowe. any interest or earll.....on tIwI.P.... Lender
<br />.halllive 10 Borrower, wilhoul cha,., an annual accoualilll of lite Fundl,howinl credits and debits .to,..F..........tlle
<br />PUrpoR for which each debillo lhe Fundi was made. The Funds are pJed&ed u addiiionaI _uriIy tor die ...........
<br />by Ihi. Deed of Trull.
<br />If lhe amou1l1 of the Funds held by Lender, logelher wilh lhe fulure monthly illll.l~ of Fundl<payable priOr 10
<br />tbe due dates of taxes, _I', mlutance premiums and lround re..... shall exceed lite _ teqUind.payc~',"'"
<br />assessments. i~rance pre'Dlums and. ground rents a~ they fall d~. such excess shall be, at ~ ~, ~....
<br />promptly repaId 10 Bono...,r or credited 10 Borrower on monthly ..stallments of Funds, If lite allllllllll of<tbeFUtitk
<br />held by Lender .hall not be sufficienl 10 pay tlUes. _nil, in.ur.nce premiuIM and pountI........" lIley"'."
<br />Borrower shall pay 10 Lender any amount necessary 10 make up lhe defi<:iency wilhin 30 days from lhe date _Ice iUllaileol
<br />by Lender 10 IIorro-. ~.. paymenl thereof,
<br />Upon paymenl in full of all sums lieCUred by thIS D<ed of Trust, tender shall promptly refund to Borrower.nyFitiltls
<br />held by Lender. If under paraaraph 18 hereof 'he Property II sold or the Property i. otherwise acquired by Lender. Lender
<br />.haU apply, no laler Ihan immedtalely prior 10 the ",Ie of the Property or il' acquisition by Lender, any Fu..... IlekIby
<br />Lender at the time of ~~." a credir .,ainsl the ~ums secured by this Deed of TIlJII~
<br />3. A.......... _ Unless applicable 13w proVide. Olherw'se, all paymenll teceived by Lender lIJlder the
<br />Note and paraaraplts I and 2 hereof shall be awlied h,' Lender fir.. .. payment of amounts payable to Lender by ............
<br />under paulr.ph 2 hereof. then to interest payahle on fhe Note. then to the principal of the Note. and then to interest and-
<br />pnnclpa. on any Future Advances.
<br />.t. C~ Lie8I. Borrowr-r shall pay all la~("\. a!.Scssments and other charges. fines and impositions attrihutahle to
<br />the Propeny w'nch may attalD a pnoruy over .!~j:s Deed <?' Trust, and iCiUlChoid paymenta .or pvund nab.. if any, io the
<br />manner provided under paragraph 2 hereof Of. It nor paId 10 $uch manner, by Borrower mum. payment, whoa due. directly
<br />to the payee thereof. Borrower s.haU promptly furnISh to Lender all nOllc.es 0" amoun15 due under this paraaraph. and in the
<br />event Borrower shall make payment dlrecl'Y. Bornlwer shall promptly furnish to Lender teeefptl evidcncin, such paynlelllt:.
<br />8orrower ,han promptly dl~har~C' an" lien which has pnonty o...er thIS ~ed of Trust: provlded~ that Bor.rower shan not be
<br />required to dl"toCharge any such hen '!>o long a'!' Borrower \haU agrtt fJI wnting to the payment of tbe obhptloo IeCUt'ed by
<br />\uch hen an a manner Kccptable {{l tender. or shall In good faith contest such lien by. or defend enforcement of such lien in.
<br />legal [roceedmss whtch opera.te ttl prevenl the entorcement ot the hen or forfeiture :"f the Property or any part thereof~
<br />. "-'II~. Borrower shall keep rhe Improvements now e-,,,ung or hereafter erected on the Property insured
<br />agaloll loa by fire. bazards included withm rhe term '-*c:\lended ("oven:IC". and such other hazards as Lender may require
<br />and In such amounts and for such penodl ~ Lender may reqUlre: proYlded. thai Lender shaD not requin- that the amount of
<br />~uch coverage' exceed that amount of c.ovenaae requued to Pll)' the 5Um!!i secured by Ihis Deed of Trost.
<br />The aosurance carner providing the in,urance ~haU he chosen h)' Borrower subject to approval by lender: provfded.
<br />that IItCh approval sItaIl not be unreasonably WIthheld. All premiums on insurance policies shall be paid in IIle __
<br />provided under ........pb 2 hereof or. ,I not paId III ,uch manner, by Borrower makin, payment. when due, directly to the
<br />IQSlll'aDCe- carner.
<br />All m5u~nce policies <md renewals theftot shall be In form acceptable 10 Lender and shall include: a standard mon,.
<br />daux in favor of and in form ilccep-tabk to Lender, l.ender shall ha,,'e the right to hold the policies. and renewals thereof.
<br />and Borr-ower shall prompdy furnish (0 Lender all renewal rlQhcPl- and all receipts of' p;ud premiums. In the event of loss.
<br />Borrower shaU,lvc prompt notlC-c to Ihe IMUUnCf: (,:atncr and Lender. Lender may make proof of 101$ if not made promptly
<br />bv~.
<br />- Unleu Lender and Borrower ulher'llil'lSC a,ree In \,\;ntIOC. IIlsurance proceeds !>hall be applied to res.toration or repair of
<br />lhe Propel1y damaaed. proVided s'rn::-h rest-ora-Uun ur repan 1'\ et.:ofi(.lD1Kally feaSible and (he security of this Deed of Trult is
<br />not thereby lmpalred, If .;.och fC'Srorallon or repaIr is 001 economICally feaSible or If the security of Ihi$ Deed of Trust would
<br />be:: Impatred. the- Hlsuram-e proceeds shaU be apphed [0 the !IoU~S secured by this lk~ of Trull. with the. CJlceu, if any. pajd
<br />to Rorrowel". If t.he Property 1"S ,lbandoned by Bor-rowe-r. or 'T Borrower fa,I'i to respond to Lender within 30 days from the
<br />date noUce IS malkd b~ Lender to Borrower (hat 1M: IflSura.OI:C carner \)fJ'en hJ settle II chum for insurance benefits. Lender
<br />" aulhonud to cuU~.1 and appiy the lftSUr8QCr proc-eed!i at Lender.s opllon eHMr to resloratlOn or repair of the Pr()peny
<br />Of to the turns lC\:"ured by thtS Deed of Trust.
<br />Unless l.ender and Borrower ..nberw.se agree In wnllRg. an\! liluch apphcallon of proceeds to prim:lpal shall not extend
<br />or postpone IhC' due date of the montbly Installments rderred to In paraarapbs I and 2 hereof or chanae the amount of
<br />"w;b InslaUmenb, If under pilr&JTaph I K hen:ol the Property is ilCqUlfed by tender. all nahl, title and interest of Borrower
<br />In and to any Insurance poliCies and In an'" 10 the prot;et:1h thereof reiouhlRl '-rom damaae to the Property prior to the sale
<br />0r acqUlt-llton "Ratl pus 10 Lender to the eJttent 01 Ihe sums ~ured b\' lhlS Deed of Trust lmmedlately prior 10 such sale or
<br />llcqUWUOft.
<br />.. r-.-....... U...._ of ~t1y; Le--, (:_...I..i.,'O"I; PI..... U... De........... Borrower
<br />...hall keep lhe Pro-pert,. III glXld n:paH ;1nJ ~hall nUl ......lflln1l1 ""asle 01 permll impairment or delefloration or the Property
<br />.Jod shall (,.'ompiy \ktth lhe pro,"'IS'oos of any lease If tbls lleed of Tru~t l!!l un a leasehold_ If thi., Deed of Truslls on II unit In a
<br />l.'OndomlntUm or a. planned unH development. Borrower ~hilU piC'dorm all o( 8orrower"s, obiiptlons under the dedaratJOn
<br />Of r.;ovenaDls CfQUft. or gt)vermnl Ihe \,..'OndomIDtUm or planned unit devclopmenr. the by-laws and regulahons of the
<br />...-undommium m pianned unu Oeve.Ktpment, and COnstituent documenh if a condominium or planned UOIt development
<br />nOeT lS eJl.K"Uled b) Borrow~r and f'C(.'(,lrded I"-).l!:cther wuh thiS Deed ,.1 1 ruSI, the covenants and agreements 01 such nder
<br />shaH be mcorporaled Into and !l.hatl amend and ~upp!emenl th< (.;ll\enanh ..mJ agreements ot- thiS Deed 01 TruM 1t:i. If (he nder
<br />_'" a pan hereoI
<br />1. ~ 01 lAMr'. Set....,. Ii Btloffu-.cr I.uh. to pe-rtorm tht" J.:ovenanlS and agreements t:onramed in this
<br />Deed. of Tnat. or I( an" ..ctlon or pr~m8 ~ ..:ommcnced which matenaH~ affects Lender.s Interest III the Property,
<br />ftKluclma. but not bmlled w. enuoen-t domaHl.. m~vetli;). i;odc enforcement. o-f ill raogemenls or proceedlllg'J> Hl'iolvm-g II
<br />bankrupt or de4..-edent. then lender al Lendc--r'!t op1!on. upon nOhce to Borro",.er. may malt: such appcarant:t:\, djshur~ such
<br />UlR1J. and take loch aCUon as ~ nec-euary t(1 prote(.'( Lender.~ IntercM. mdudmg. hUI nOl IImiled (0. dlSbuf!)Crnem pI
<br />~ ",tt.,.r~'~ f~ ~~!J ~~~. '..iron !~C ~pe:-~y :;~ ;:-;.;ot..: ,,:;;.;1:::' :~- L::.nJ.;:;: ;-:-.ruin.::c ;::.Jrtg.;,&c ;":l.-i.ir.Hh.O: ,;:, ..
<br />~ood'Uon 01 m"'J.nll~ loan ~ured Py thu/' Deed of Trust. Borrower shaH pay the premiums reqUired to nuunlutfl \u;:h
<br />.nsurance In effect 'mnl iUCh time u the reqUlfCftlCltt tor 'iiucll Ins.uran~-e lemUnale:'i m accordan.ce WIth Borrower's lInd
<br />t .eIlIiIer'S .ri...... llCfCCdWIIl or applable law BonoWCT shall pa... Ihe amount {1f <lll Tllort!lage tnj'\uranl"'C pre-nllums Ifl the
<br />man_ provided under pa......plt 2 hereof
<br />ADY amouatt d'tsbuncd by Lender pursuant h; thl$ parattf1lph 7" \\-ilh mterUI thereon. :i,tuill l~olHe IiddlllOlHll
<br />I~ of Ionower MCUnd by this Deed of Ttm-I, \! llles,~ 8orrowcf" and I curler agree tu other terms 01 pa\'lllenl. >j.\J\:h
<br />a:tnourntt.1halJ be ,.,..bII upon ootlCr' from tender t-(1 BoJ"n'tWcr r'eqUC$llRl payment Ihereof. and shall heaf mte~l Irl'll"I lh('
<br />date of................ at fbe rate ply-able from ti.me hl 11mif:' on Hutstandm1J pnm:tpal under the N'~fe \lulCl.'i payment of lntcrt1.t
<br />at .~tl, t.tf' _ould be \:oattary 1.0 apphcahk:: law. 1ft .....-hl1.:h (:\'e-nt \u<.:h iUll(;lin!' ..hail hear IlltercSl at lht" hlgh~1 ratC'
<br />pu-......w. under .ppbcable law ~odtln. l..:-wlhuneJ In Ihl'\! paragraph i ...h.;-lli re,qum:: tender h\ !1\Cur <Ul't eApen$e or take
<br />.n, ""'..... ......, . .
<br />.. ~ l~r ma.,., make Qf ...".uw h' he made r-ealM:moahl-e c-ntn~ op;.m M\;,! IM.pIl~.tIHn" of ,h-t.~ Prope-rt\' Pll'\H.lC-d
<br />that t.C'adII ...If pc Bon'Ow-ef notn;_~ ptH.lf 10 ao) !\och lO5-pecll<t:m lIpe\,:tf)>"U11 rC'i:lMlfj.ahl~ cau,c therd,,. fekHet.1 h' 1 ,'Ikh.'r ,
<br />1-n-,- ift ... ....-..
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