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<br />UNIFOaM COVeNANTS. Borrower and Lender covenant and aaree as follows: 84 - 00-'2;34-5
<br />.1. ~............. 1_ Borrower .hall promplty pay when ..... the principal of _interest Oil tile
<br />,ltCIobtednell& evidenced by the N-. prepayment and late charaea u provided ill tile Note, and tile principal of _.~
<br />on any Future Advances secured hy this Deed of Trust.
<br />2. ........ T_ .. ,-, Subject to appIictlbIe law or 10 a wrinen wai_ by LetIlIIr; --.-. aIIiII'",
<br />'0 lender on the day monthly installments of principal and inle""'" an: payable under the NOb:, unliltlle N..ls9llid:;jJl,.'
<br />a sum (herein "Funds") equal to one.twelflh of the yearly tax,," and a_menta which may attain priority owerl1lk
<br />Deed of Trnst, and IIround rellts on the Propeny. if any. plus one-Iwelfth of yearly premium installments forhazard~
<br />pi.. "...,..twelfth of yearly premium installments for mon~ insurance, if any, all as _Illy estimated initially andf_
<br />time to time by Lender 011 tile buiI of _ts and Mis and reaoonabIe.eoa-tes me-t.
<br />The Funds shall he held in an illllitution the deposito or accounts of which are imured or pranteedby a.F~;~
<br />slale apncy finduclinll Lender if Lender i. such an institution), Lender shall apply the FuIldo to pay Illid'~. .. '
<br />IOsurance prenllu.... and ground n:nto. Lender may nOl chafF for so hoIdi", and'apptyint tile Fundi,' a~'
<br />or verifyi", and compili... ..ul _ts and bills, unl.... Lender pays Borrower in_ OIl the F..... and . law
<br />pennito Lender 10 make such a charge, Borrower .and l.ender may aIR" in wrilina at the time of e~, pt:..this
<br />Deed of TrusI that inlel'Cll on lhe Funds shall be pa,d 10 Borrower, and unless such apeement is made or.llpJ!IiCatIIil'I.\Ir
<br />requi"", such in_'o be paid. Lender shall no. be required to pay Borrower any in_ or eamiap_.the F.... Lender
<br />!ihaJl,ive to. Borrower. Without charp. an annua.l accounti:Dg of the Funds showlft' credits and debits to ,be- Funds-'~""-,1he
<br />po"... for which each debit to ,he Funds was made. The Funds are PledFd as addilional ~ for tile _,tiecond
<br />bv ,hi. Deed of Trull,
<br />, If the amoun. of the Funds held by Lender, 'ogether wi.h .he fu.ure mon.hly installmentS of Fundi payable prior 10
<br />the due dala of t....es, ~nls, Ir..iranee pren\iums and ground renb. shall exceed the amotIDtl'eCJUired k) pay,. said. taX~.
<br />assessments. IInUTanee premiums and ground rents as they fall due, such excess shall be. at BOrrower's option;. eiiller
<br />promplty repaid to Borrower or credited to Borrower on monthly installments of Funds, If the __ oflhe Funds
<br />held hv Lender shall nOl be !lufficlcnt to pay toues, assewnents. in5urance premiuma and gromtd rents as they. fd- d..~
<br />Borrower shall pay It) Lender any amount necessary 10 make up the deficieru:y Within 30 days 'rom the date ,notice_.is- mailed
<br />by Lender to Borrower reques'I'" payment thereof.
<br />Upon payment in full of all sunn ""'\Ired bv thIS Deed of Trust. Lender .hall promptly refund to IIorroweT any Ftmdo
<br />held bv LendCr. If under paragraph 18 hereof the Property" sold or ,he ProperlY IS Olherwloe acquired by Lender, Lender
<br />shaH apply, no later than Immediately pnor [0 the sale of the Property or its acquisition by Lender. any Funds held by
<br />Lender at the time: of application a~ a credit against the sum~ secured by Ihis Deed of Trust. -
<br />J. A~ of...,....... lJnless applicable law provu:te\ otherwise. aU paymenh received by lender under the
<br />Note and parqrapbs I and 2 hereof shall be applied hy Lender first In payment of amounts payable to Lender by Borrower
<br />under paragraph 2 hereof. then to interest payable on the Note. then h) the pnnclpal of the Note. and then to interest and
<br />prmclpal on any Future Advances
<br />4. C"'-.m: LIe_ Borrower 'i.haU pa\' ali I;\'l,e\. ;J\Scssme-Ol~ and olher charges. fines and impositions attributable to
<br />the Property which m~y auain ;. p:-:ontv nver th:"$ D--ed ~"}f Trust. and !easet-.ofd paYI1".ents or ground rents. if any. in the
<br />manner provided under paragraph 2 hereof or, It not paid in sllch manner. by Borrower making payment. when due. directly
<br />to the payee thereof. Borrower shall prompdy turnrsh tll I cnder all notices. of amounts due under this paralf'apb. and in the
<br />event Borrower shalt ma1.e payment duectly. Borrower _~haU promplly (urOlsL 10 Lender receipts evidencing such payments.
<br />Borrower shaH promplly discharge" any hen '^ hlch ha~ pnonty Clvc-r thl~ Deed ot Trust; provided. that Borrower shall not be
<br />reqUIred t1.1 dlst.:harge any su\:h hen ..,,1 long a.. Borrower "haB agree III v. nung w the payment of the obligation secured by
<br />\uch hen 10 a manner acceptable tll lender. l..lr ..hall III good faIth (OnleSI ..uch lien by. or defend enforcement of such hen In.
<br />!~g.j prnceedmgs wh~ch operate {,\ rrevent the cnlix(ement (11 the hen L1r forfeiture or the Property or any part Ihereof.
<br />5. ....... I~. Borrowt'f ..hall keep (he Improvements now ('''sting or her~after erected on the Property insured
<br />.igalllst i...lSS by fire. hazards mdudcd wlthm the' tenn "e'\tendcd \..ovnuge' , and \u~h other hazards as Lender may reqUire
<br />.md 1ft ",uch amounts a-nd for :mch period" iI-" l.entkr may rcquuc; proVided. thai Lender shall not require that the amount of
<br />...uch cO\'erage exceed (hat amount of (overage requued 10 pa\l the "um~ s.c~ured by thiS Deed of Trust.
<br />The tnsuran,,-"'C carner provldrng the lO\utancc "hall he l,. hO'<<:'1l h\' Horrower slIbj<<r Itl approval by Lender; prOVided.
<br />that Iuc:h approval shaH not he unreuonabJy wlmkld :\11 premtums on io~urunce policies shall be paid in the manner
<br />provided UDder para....pb 2 hereof or. It not paid In ~1.1\.;h manner. [l)" Borrower makln' payment. when due. directly to the
<br />111aUr&DCe carner.
<br />An Insurance pohcles and fl"MwtUs lnen:ul ~haH ~ III form a'::l.:cpt..ble In Lender and "hall IOclude a standard mongage
<br />dalnC tn favor of and in tern) ac~cpf..bte h} Lcn<k:r 1 ender ~hall ha"'-c the right 10 hold the policie!i and renewals thereof.
<br />and Borrower ~hil.U prumptty lurnish h) Lender all renc:'Aal uu()u:~ itnd all rtte-tpls of palo premiums. In the event of loss.
<br />Borrower shall gwe prompt notice 10 [he Insura.nce l,.-arTler and 1 ender. t .cnder may make proof of loss If not made promptly
<br />bv Borrower.
<br />, Unless Lendel and Borrower othCl''',-,SC ~grec Hl \00 rtllfig. InSllfOinCe prol.:eeds "haJl be apphed It) reswrafion or repair of
<br />lhe Propert) damaged, PfO\th,kd such re~tora1l0n cH repalt I... e\.'llnomll.:ail~' feaSible and the security of Ihl"s Deed of Trust I~
<br />nOllbereby Impaired If MlI.:h rntontllOn or repair I" nOI n.'llrh.\mtl.:aH~ It.'"aslble or II the s(.."t:urily or this Deed of Trust ",'ould
<br />be Impalral. the mSUfUrh:C: pfOl..--eeds shail be apphed h) lhe sum" M:'...'ured by thiS lX-cd of 'rrust. with the excess, If any, pauJ
<br />to Borrower, If 1he Property IS abandoned hy 8o-rro",'er. ~lf 11 BllfW\l,t:r Luis lu rCllpond 10 Lender wilhln 30 days from the
<br />dale nohce: IS, mailed by Lender to Borrower Ihat lhc Jn~urltnu: ~.Jrrlcr oilers to w-nle a dtum (or iosurall~e benefih.. Lender
<br />l"i. authonzed to l;oH<<1 and appiy lh~ IOSUfliOl;:C pf""Ket.-d", at I cnder's optlon either to regtorallon or repau of the Property
<br />or to lhe aum!i 5IX:urcd by thiS Deed of Trust
<br />Unk:u Lender and Borrower other-.uC' ilgrel.: lil wrlllng. dn} uh.:h apphcatlon III proceed!. to prmclpal shall nOI eXlend
<br />or fI'l-.tpone the due date ot the monthly 1O~lttilmcnb rderred to III pOiragraphs I and:; hereof or chanae the amount 01
<br />such lnstallrnenb. If under para.araph IS here;\f the Prope(l~ 1', a;;"'Ulred b~ l.ender. all nght. title and Interest of 8orrower
<br />lI\ ;lad 10 an)' HlSUUllKe polh;lCS And In and w me pn,l\:"~~ thereof re.~uhlng from damage 10 the Properly prior to lhe lIoalc
<br />llf aC:Qu~uon s.halJ pa~ to L.end~r lO the t"_\tent (\1 the sum" !J;Cl.:UfCO t"l\r Ihls Deed of l' nt't Immediately pnor to ~m(;h sale l.)f
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<br />" ................. M8IIo_ of Property: l~_; ('0_"__ .....- Viii! Pe........... Borro,",cI
<br />..hall k<<p t'he Pn.'pen\ II) gvoJ repatI .Hld "hali !hl! \..PlfIfllll "a'),lc PI flt:'rmlt Imp.Hnnenl or Jc-tcfh\ralil)n uf the Property
<br />..:.:~d ~"'..:H ~om~y w;:h L.~ p:o:r.i:i.i___'Oi'l."i;:;: a.i) k...:.,c if ,hilt DceJ. ,-.f -1 ji.l~i I'> \111 ..I k..nch\,lJ Ii" ttil~ DccJ Llj' T1U~{ I!J; un d llmi 111.1
<br />-::ondomintum or a planned umt d~veiopmelll, Sorrower ~hall pedorm .all 01 8orrowe(~ obligallt)lb under the declaratIon
<br />,,"r l."OVe~IS crealm, or gove.rnio8, lhe co-ndo-mlnlum \'t planned llTHI development. ~he try-laws. ..iOd rcgulalwm, ~\t lhe
<br />..-oodomlDlUlll or pluned urut development. and u,mJlltuent document'!., If a condominium or planned llOlt dc"VclLlpmcnl
<br />tlder IS c-l.e~uted by 8ofTow~r <too r~ofdeJ !pgcther ,^llh fhl~ DeeJ Dr I rU'loL the (o\<cnants and agreement!\. pi ,>m:h flder
<br />shaH he" 11lC1..\rpora.l-eti IOtO drW s.hall amend dnJ !!.upplcmenl Ihe ....'-'\"t.~n.mh .iIHJ .lgrecmenls l}j thtl~ f:K......J ~lt TrlJ'il a, If rhe rldel
<br />were a put hereof
<br />7. ~ 0' I......'. Sec..ril)i. l! 80flU'olo-cr lalls to perform lhe >.:o'.-cnants anJ a)IreCmenb ,,'-I;utalOcd In Ihl'"
<br />Drrecd of TI'\I&l. Of If an) <!CHon or proce<<hnli: I~ l,."llmmen4:et1 \\orlich materially a/feCh Lem1cr'~ IlHereM III th~ Propert}.
<br />lRCludtoa. hut not hm.1ed to. eounenl durnaln Hhtihcfu'\ ,,>t1~ "I1!"~""'lWflj ,'r .1"r_'"!!,..:'n'er~h (,r !l.'.lt,r"t".IH,...... "'l._"I..,,"!, .
<br />banbupt or decedent. then Lender at Lender's oplion. UP-)Il llvti-ce 10 Borrower. illS) mile such apPeuram:e-s,""dl'inur-s-c ~;;d1
<br />sums and ~"e MJCh a-etJon as. 1\ necessary III pr-ote\:t Lend-er\ tnlefc:!ot, IndudlOg. but "(\t limited 111. dl;;.OUr'!io~lIlenl III
<br />~blc aU~Y'~ fee. and entry upon the Proper~) hI make fe-pain. If Lender r~wr-ed mortgage !nsur~nu.. :.I' ,I
<br />cODdtt;u)n of m&t,m. the loan ~--ured by tht5 .lleeU vf fru:u. Bonowct ~hall p-a.~ the premi.um:) rC4ulfcd tl\ mamtalO '\lKh
<br />1MW'a1llCe in effect untH such time- as the requuanenl f{)f such U\).urann: (enmna{e~ In d..:~ordan~e Wllh R(lffOWe,r'.. .wl.!
<br />Le......' wotlCn &Jl'CCOICOl Of" applicable law Borrower llhaU pay the amounl \.11 all fllO-f1psc Hlwran..::e prCUllum", If\ lhe
<br />,_ provided ..1IiIIcr puaJl'aph 2 he..,,,f
<br />~ aJDOQDtI didNncd b) Lender pu-n.u-~nl !I\ th~ paragraph 7_ 'Wllh lnle"e~l thereon, ...hall hecottle <lJullll\nal
<br />1ft ' of Borr'l.'JWCr secured by Ihi5- ()ced of 1 ru!lot t \ntcsA Borro..er and lender agu,"c 10 other lef m~ oj p.a;-menl. ,>w:h
<br />..moaa"..... be payable upon n:ouce from lender to BOffower feQUftUfi, pa'Ymenl lhe('et,"lf, Jlnd shaU hear llltere'lit from lhe
<br />daac of ~ It the- talC- pa)able ftom tilUe 10 lime on i,.1'ul.!landing p' melpal under the Note llnle'~ payment \\f mtere...'1
<br />lit IUdt f'.1e would be contrary tn apphcahk law, In \\.,hh.-h ~venl "w:h amount.. ..haH h~~l Inter-e'il al the htMh-e.st r ale
<br />~ utlldIIr app(ic-.abk l... Nothin& \.~~n{-d.Hlcd In It'll'l paragra.ph 7 "~Mll reqUIre I .enJet l\l InL:Ur l:Ul~ e.\.pense (l( lake
<br />on, .,._.......'
<br />.. ~ IAade.r Ala)' ma.i.e~:t-r \-au\< W be made rc,a..)l,..ble \:11{ne... t,;)>;f! aElo,i I~Ut.m'- (11 .Ht-'~t:1y_ pn'l.Ukl!
<br />that ~.... JiM! 80t"f(W1ft:r no-tu;c pnvl to .W) ~uch 100000Jl'XI.H'I' ),pe..:\fYlflg fCit>-l'u.ahlf' ~3U"C Ih('IChll rcl,lh,,"t1 !.' t t'!lUCl ~
<br />",,_ ... .... 1'r<iiMItv,
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