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<br />84~-- . 002436
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<br />UNIFORM COVE.NANTS. Borrower and Lender covenant and agree as foHows:
<br />I. hy_ of Prinri,.t alHl Inl~"", Borrower shall promptly pay when due the principal of and interest on the
<br />IOdebte~ness 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 T rusl
<br />%. ........ for Tneolllld J.....nnce. Subject to applicable law or to a written waiver by Lender. Borrower .ball pay
<br />[0 lende-r on the day monthly instaltments of principal and interest are payable under the Note. until the Note is paid in full,
<br />a sum (herei-n "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-Iwelfrh of yearly premium installments for hazard insurance.
<br />plus one-twelfth of yearly premium installments for mortgage insurance. if any. an 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 the deposits or accounts of which are insured .or guaranteed by a Federal or
<br />state agency (including l,ender if Lender is such an institution). l.ender sh~1I apply Jhe Funds_ to pay said_-taxes. assessments.
<br />IOsurance premiums and ground rents. Lender may not charge for so holding and applyin& the Funds, _analyzing said account
<br />or verifying and compiting said assessments and bills:, unless Lender pays Borrower interest an the Funds and applica:ble:-Iaw
<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 inte~t on the Funds shaH be paid to Borrower, and un_less such agreement is made or applicable" law-
<br />requires such inlerest to be paid. Lender shall not be required to pay Borrower any interest or earnings'on the Funds. lender
<br />Sohal! give to Borrower. without charge, an annual accounting of the Funds showing credits and debits to the' Funds an~cthe
<br />purpose for which each debit to the Funds was made. The Funds are pledged all" additional securitY for tM'sums sec:ured
<br />by this Deed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of. Funds payable prior to
<br />the due dates of taXei, as.~ents;. Insurance premiums and ground rents. shaH exceed thcr-arttount required to' paY':"$Bid:t._lII:'~;
<br />assessments. insurance premiums and gro:und rents as they fall due, such exc~ss shall, be. at Borrower"s i)pt~on~- 'e.~*,
<br />promptly repaid h) Borrower or credited [0 Borrower on monthly installments of Funds. If thtf -amouru -Qf t~~' -F~o!k
<br />held by Lender ~-han not he 'iUffiClcnt to pay t:u:e~_ ajO~e~..mef'lt"L iosllraoc.e premiums- and grQl!nd're'n!S' f!"theY".fa~!_-"due.:
<br />Borro\1rfer !1halI p.ay to Lender- any amount necessary to mak-e up the deficiency within 30 days from the-date -notice- is 'nr..~'d;
<br />by Lender to Borrower requallog payment thereof. ..
<br />Upon payment in fult of all Sll~ secured by thi-:l Deed .of Tmst. Lender shalt promptly refund to Borrower any' ~ttn~~
<br />held hy Lender. If under paragraph! 8 he"",t the Propeny IS sold or the Property i, otherwIse acquired by Lender; Lende"
<br />,hall apply, no later than immedIately pnor to the sale of the Property or its acquisition by Lender, any Funds.held by .
<br />Lender at the time of applicauon as 31 credit against Ihe sums secured by this Deed of TrusL
<br />J. Applicado. of Pa,......-ts. Unle.'i.~ applicable law provides otoorwtse, all payments received ,by- lender UJJ.~r t~'-
<br />Note and paragraphs I and 2 hereof shall be app4ed hy Lender first In payment or amounts payable to Lender, by. Borrower
<br />under paragraph 2 hereof, then to Interest payable: on the Note. then to the principal of tbe Note. and then- to -interest' and
<br />principal on any Future Adva.nces.
<br />4. Charla:: LieaL Bor:rower shaH p-ay aU taxes. ..l'\se,-'.smenIS and (lther charg!es. fines and imposition$ auribtilQblc- to
<br />the Property whicb may allaln . pnonry over this Deed of Trml. and leasehold payments or ground. rents, if any"in.tIIe.
<br />manner -provided under paragraph .2. hereof or. if not paid in such manner. by Borrower making payment. when due. direct~y
<br />to the payee thereof. Borrower \haU promptly lurmsh to Lender aU notices of amounts due under thi$ parqraph~ 'and,.in'.,j)iC,-
<br />eve,nt Burrower i-haH ma.le pa.,-mem dueclty, Borrov.'cr shaU promptly furnish to Lender receipt. evidencing such payntents.,
<br />Borrower shalt promptly dIscharge an)' hen WhiCh ha~ pnority O\.'cr thts Deed of Trust: provided. that Borrower- shall not'be
<br />fe-quucd to discharge any such lien St.) iong a\ Borrower shall agree in \I,-Tlting h_1 the payment of the obUgalion secured:-b;y
<br />\.w::h he-n In a manner acceptable to- Lender, or shall In good fn-tth c-mHest such hen by. or defend enforcement of suc,h licn.in.
<br />legal proceedings wnu;h operate to prevent the Cnr(lrCement of the hen 01' t:orfeiturt of the Property or aoy part. -the. reof.
<br />s. Hu:anI~. Borrower '\;naH Keep the Improvcments now eXisting or hereafter erected on t-he Property inlured
<br />as;amst loss by fire, huards included w~{hln the term "c"-tendeJ coveruge'.. a.nd such other haurds as lender may require
<br />and In such amounts ;lod for such penods iJ\ I ,ende:r may requtre; provuied. that Lender s.haU not_require that the amoun_l of
<br />'1~h CQver.age (-\:(Xed th.At ilmoun~ of cO'lerage reqwred to pOly lhe sum~ MX':uted _by this Deed of Trust.
<br />The tmuranee camer provtthng the- .n!i.utulll:l: ~haJl be ,JiO:Sen by Borro-w'Cr -subject to -approvtll by Lenden -pr9-...i~.,
<br />thAt such approval shall not be unreasonably Withheld All premiums on insurance poliCies shall be paid in Ihco m~."
<br />provided under paraaraph 2 hereol or, ,f not paId 'n wch manner, by Borrower making paym~nt, when due, dire~'tly t(tthe.
<br />lOSuraQee ca.nier.
<br />AU insurance pojtcie~ and renC"wai-:\ thereof dlaH bt" m h)rm 8;,;'Ctptable to Lender and shall jncfU<h:_a -standa(d'motlp,e
<br />clause in favor of and In form ac'-'c-pt-aNe: to Lender. Leo-der s-~aU have the right to- hoh.l_ the policies and renewalS- therCclf4
<br />and Borrower 'ShaU promptly furnish h) Lendt::r all fefkl4'at notlCt':\ '.1ud all fet.:Cfpts of ~H.f premiums. _In t~ event 'Of, loS$-.
<br />9orro\\'u shan give prv-."llpt iH)l1;,;e to the mwnCKe ~arHcf ilfid LendcL LtTldcr may M.u;c proof of 1-0$.\ 1f not made,promptly
<br />by Bor...,..'~r.
<br />Unle$s. Lender -and 8oHow-er t1the'IWISoe' ag.ice in \-\Iltmg. losytan;;c pr,,"X.~ ,hall be applied to restoration or .repair:_of
<br />fhe Property d:u11aged, P-HWtJcd such resh'l:raHI.JH o.f fe-pillf I;' ('>.;OtlOmt(;:uUy fea-lU-bJe .and the security- of thiS Dee~Lof Trust is.
<br />not thereby lmpftued. Jf \u~h re.sll,Jnu:.oo or fep.ur i-~ fH){ c4:vf1omi,aUy feaSible ur tf lhe see,urity of this Deed of Tnt-$' would
<br />be Imp,aired. the Hu;uran..~ phx-eeds s.h-ilH be applied hJ the $um_\- se~UfOO b~ this Deed of Trust. With the,exces,.~. iJ 3_nY.,-p:lld
<br />to 8orf()\I(~r. If I.he Pro~rt)' Is' a.bandoned by BOfh..lWCr, or if Horrowcr falls Ie rcspond to lender within 30- days from the
<br />dale ootk.""1: h. madeq; by Lender 10 BOHo,"'cr that the 100U(UJlCc ;,;afuer offen 10 seul-e: a claim for insurance benefits.. Lender
<br />J$ autoonzed to "\."'QUec-t and 8;pply the miUr~n-=e pt..x-eed!> .;lJ Lender'l o-puon either to festu-nuion or repair of the, Propeny
<br />Of to the iUIlhi secured by thiS Deed of Tmst,
<br />Unless Lenae,r and BorrO\4-",f otherwlSc ttgree H1 wwmg, any such appitCa.ion of pl-t)(,.~ to principal shall not eXlend
<br />or (101)tpone Ihco due dale 01 the monthly msta.lIll1<flt> referred to in paragraph. I and 2 hereof 0' change the amount of
<br />such installment$-. If under ,~rii.intph IS he-reot the Property 11> .li.cqUfted by Leoder. all nghl~ {it.ie and lotere.'it of Borr()wer
<br />10 and to,",ny insuu\n(.'e' lX)h~l('S and In J:nd I~) .be_ prO\;ced:~ lhereof rc.\ullt,ng (rom ~8magc to l.he-"prope:rt)' prior to the,sode
<br />or 3':'IUU-ltIQO s.haH pa:s.s to- Lender to the e\Jent ot the s.urns ~cf,;ured by thls Deed or Trust immedul.lely prior 10 such &l.Ile or
<br />Kq\llshton.
<br />6, Pr.ervalioo and ~_e 01 PNfl"rty; u_lJoIds; C01Klomln1ulIl$; PIa_""" Unit O'.e'-..., Borrower
<br />,ha.U kt:cp t~ Properly II' goo.J tt'p;JU .I!\J. s.halJ n...H i.:i.1mfiltt \\a,:.lt: (.r pc-al'ut unp..mment (Ir Jctcriorati'Jn (If the Propt:rty
<br />..04 shaH comply with the pn:n--Uojons. of any lease if !'hl-~ Deed i"f IrU!)ll\, on a leasehold. If thi:a. Deed of Trust is on a unit in a
<br />cQndonunium {lr .a ;>tanned una dc-Ydopment. Ikllro~e-f 5oh.aU perf()cm aU of Borrower's. obligations under the dec-latati~lO
<br />i.)t cow:natlts creaung (\f go\'crtlmg the': ;.xmdom_uuum HI" planned unit development. the by~ra\\'s. and regulations of the
<br />...~dominium 0; _planned lIIHt -dc-"'dopment. and l,;'onstihK:fH d()i..umenh, If a condominium or planned Uft.!t tJ.eveloP":I.:nt
<br />nder is executed by BOffO".e-r and re:.:-ortlcd {\lgether Wllh thl" l1e-l;!d 01 Trtl~t, !h-e- ~0vt'_!!an!.s and agleernem~ n! ~.a_:d1 r:der
<br />shall be lno.lfJX}rat~ uHo and ~hall amend and s'up-plemc:n: the co\'t~flanh dnd agreements of this Deed ~lt TnL'J.t as if the rider
<br />...ere a pan hereof.
<br />,. Preaec,.. of lAtMln', Suurity. If Borrm\'cr huts to perform the cQ\'cn.ant:;. and a.greements, (ontaincd in Ihis
<br />Deed of Tnat, Of if any i.\l;,:tl(tt1 {'f pt\X'L~dtn-s- .1.'" COI"1mem:ed which matcflaUl affects Lender's interest ).0 the Property,
<br />mdudiug.. but nc.\t hmtted to~ eminent domam~ msol'llcfk:")i. cod~ enforcement, or arrangements \lr pr\X:e:edmg.>. involvmg a
<br />baotrupt o-r dec-edent~ then Lender at lender's. optio-n. upon notice 10 BOHOWCf, may make su..:h appearam:o.. dtshurs-e such
<br />1Ut1li ILQ.Q t.3.~e such action .a,~ l~ nt:\.-eMary to protect Lender's ml-ere-St. irtc(udmg. put not limited to~ dis:bur~rnent of
<br />~bk .aU~y'i fce. and entry UJi'Ofi the Propect)' 10 make repairs. I( ~elldcr req~ired mortgage insu~an~e as a
<br />~tion of t1'uu:uaa the lNn ~~ure4 by thiS Deed of Trust. RoHower 50",11 pay the- prenuunuo requu-ed to mamtaifl 'iuch
<br />iuswi.fi\;:#' t.ti c;il~t untll .uch tunc ill t.tte requirement lur sucb lflsvran,e terminate... 10 accordan~c with BonO"""-er's and
<br />Leode(s written..ilg,rccmcnt Of' appli-cah-ie )iW_ 8c.)TfOt;l;c-r .$hail pay the alllouflt 01 ail mortgage H)SurancCe p-remium~ tB the
<br />aph .2 hereoL
<br />b) Le~f_ pursuant to this paragraph 7, wlth ;nter~l lh-ett.'Qo. s.haH hC~tmH~ adtiitioOi.ll
<br />scc-ufed: 0)' thu Deed of Trust. trnleM Borrower and Lender agree to o~ term" of payment. i\uch
<br />~ .J bit ..}~bk, Upon noti\."t: fro(rt t.ender 10 Bonowe-r requesting payment thereof. and shaH beu mterest froOl lOt
<br />date. oI',.~t at (M nt_Co' ~)"able- f~om th,,", h::, time. on oUbtall-Uiog principal un<kt the Note un-leu paynn~fU of interest
<br />at -.c_1l ~_ ~d be contfaty to a-pptu::ahk 1~\\'. m ~hl,h eVent ~"\Ich aO'li;)uo.t~ :in.fl beat m--t(-ft'S,t al the highcs:t rate
<br />per~ under .l'Pt~bW law. NOihin,a; \;unlam.ed In thl'li r.Hatr-aph 7 sha.H rcqum: Lender to to(;ur ;u,> e~pen~ Of take
<br />allY actillII ~.
<br />.. ~ l..e-:Pdc'-l mi_)' make- oty.\lU$oC tu be- made fc-.aJI.)ftilble ttitne.) VJh.}!l .u\d Ifl$pe'hOfl\ ()f the Property, pn_'\'I\iC'd
<br />t~ l~ .1\..n lilI~ Borrow"f no(ti.'1; pfiOf to an)' ~w;:h UU-PC(.t.fOil \ptt-tf)''lo.g rt--a~H1ab-lc {'att~.e theH:iot l'elalc-d 1\1, t cnder lo-
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<br />0.. 0024a6
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<br />f ("~~ 1--~ 'f"i-..'1l,t.'t-~@ n~ ~',j; ,~~~~h.f ,ii;l(,,-,~ f. d"l."""i"'-J",n
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