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<br />84-
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<br />002962
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<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />_1. Paylllftlt of Prine'" .... InkftSt~ Borrower s.hall promptly pay when due the principal of and interest on the
<br />mdebtedness evidenced by the Note. prepayment and tale charges as provided in the Note. and the principal of and interest
<br />on any Future Advanc.es secured by this Deed of Trus.t.
<br />2. ......,.. Ta_ _ 1_.....,." Subject to applicable law or to a written waiver by Lender. Borrower sholl pay
<br />to Lender on the day monthly instanments of principal and inrerest are payable under the Note. until the Note is paid in full.
<br />a sum (herein '.'Punds") equal to one-twelfth of the yearly la"es and assessments which may attain priority over this
<br />Deed of Tru!\t~ and ground rents on Ihe Property, if any. plus one-(welfth of yearly premium instaUments for hazard insurance.
<br />plus one-twelfth or yearly premium installments fOf mortgage insurance, if any. aU as reasonably estimated initially and from
<br />time to time by J....ender on the basis of assessments and bills -and reasonable estimates thereof.
<br />The Fund~ shall be held in an institution the deposits or accounts of which are insured or guaranteed -by_ a Federal,-or
<br />~tate agency (including Lender if Lender is fluch an institution'" Lender shall apply the _Funds to pay said taxes. ~ent$~
<br />msurance premium.1\; and ground renls. L.ender maY not charge for so holding and a_pplying the Fl1nd5:~ -analyzing -said::a~()unt
<br />Of verifying and compiting Said asseument!l and bills. unJcs.'!: l."ender pays Borrower interest on the, Funds a,nd- applicable- taw
<br />permits Lender to make such it charge. Borrower and Lender may agree in writing at the time of exccutior,: ?r l.h.5
<br />Deed of Trus;~ that interest on the Funds shaH be paid to Borrower, and unles.~ such ag~ment is made- or- a""plicabJe-la:w
<br />requue'\ s-uch 1l1terest to be paid. Lender s.haH not _ be requJred to pay Borrower any interest Of eamings:,on.'t~ Furads. Lender
<br />\-hafl give to Borrower, wnhoul charge. .m annual aceounflng of the Funds showin, credits a,nd debits 10 -the 'Funds and. the
<br />purpose ror which eacb debir to rhe Fund, wa, made. The Funds are pledged as additional oecurltyfor th".umstecured
<br />bv .his D""d or Tn..t.
<br />, Ir the .moun' of the Funds held hv lender. '''!Ie. her with rhe fuUl... monthly inst.llments ofFumls payable prior to
<br />rhe due daf,e1 of taxes.. au~nts-, Insurance premiums and ground rents.. sbaH exceed the- amount'required to pay satd,,-t.-.;CSt
<br />.i~ssmeflh, 1ti.~toiiK-c premiums and gmui.d ren:~ ;1$ fne-y f;i:[! C~, :mch e~~ ~~U be. ;at e--drrower's op!if:m~- eithet
<br />promptly repatd to Borrower or credited to jjorr~1weT on monthly' Installments of Funds. If the amount of - the "Funm:
<br />held b~' Lender shaH not he 1tlJffh;:.tcnt t(l pay (axes, ~<;;menlS. insurance premiums and ground rents: as ,they --fait due.
<br />Borrower shaH pay (-0 Lender any amount neccs.ury f~) make up the deficiency within 30 days from the date noticeds- maile4
<br />by Lender to Borrower request..g paymen. thereof.
<br />Upon payment in (ull of all $um~ sc(''1.ued hy thlS Deed of Trust. Lender shaH promptly refund to Borrower' a,ny _Funds
<br />held by Lend~r, If under par-agm_ph IR hereor Ihe Property l-S si.ltd or the Property is otherwise acquired by- Lender;, Le.nder
<br />I:\.hn.U appty, no tater than immediately pnnr h) fhe ~ic of rhe Property or its acqujsttton by Lender. any Funds. be1~ by
<br />Lender at the Uate of appltC,ation a'li a C-rcdll agatn'J;t the ~um'S secured by this l'>ee:d of T nu;l.
<br />J~ A......atkm orPay8elt-1I. Unt~~ .apph{,-i.tbte taw provfdes l'lthcrwlse, all payments ftx:eived by -Lender under the
<br />Note And p.r.,raph~ 1 and 2 hereof stud-i he apphed hy I_e-nde:r fir-s.1 m paymem of amounts payable to. lender by -Borrower
<br />vndtt paragraph 2- hereof. :hen to mt~t payahle on the NOle. then t{) the princip~1 of the Note. and,then to interest and
<br />pnm:lpat 0-0 any Futull': Advance.!
<br />4. C~ IMM. Borrower "ih-~H pa,,' till I..He\., ;iue~-smenh ,HH.! ,-.ther charges.., fin~ and Impositions auributable to
<br />the Property \\'bkh may attain a p-noritv (lVef' !tns Deed (tf Trust. and leasehold payments or ground tents. if any~ in the
<br />f11ann-er provtde-d under pAragraph 2 hereof Of. tf not paRi in such manner. by Borrower ma'king payment~ when- due. directly
<br />to the payee Ibtre(.lcL BorrOW1':'T ~hall pP-'-U1pdv fUnltft,h It:; Lcnde-r ~ll nOHi:e~ nf amom,ts due under this paragraph.. and:m the
<br />t!vent B-o-rrow,,! lhaU make paj'nnmt dU:...-..t!Y. 8ort(Jwer 't.haH promptiy turn.sit to Lender r'C-\.."Clptl evidencing such payments.
<br />fklfruwer s.haU pro,npth'- drscharltt an'r he-n .... tuch h.a'\ pnont~' ,)\,Cf thIS Deed of Trust; prov!ded, that BOr,f\lw.cr sh.aU not be
<br />rcq-wft-d to dt~h;t.rge- 3n)' !.UC-o h~n -;'-1" lon~ it'> aorr{~-\~'et 'fh1lH a:~ret' Hl wrttmg to the- payment of the obhgatton secured by
<br />,,-U1.:n hen rn a rHlmne-f i1<.cept.ablc tll I en-dcr. o-f :;;haH In ~!.')(:wJ f,H[h ..:orn\"'~t \w.:h hen by, or defend enforcement -of such lien in.
<br />!e~..i fr:x--eWms:" ~'hu:-h opefate to rreve-fIt the t"nfnITetnenl d 'he- h~n (tf' forfeiture of the ftr-opef1y or any patt thereof.
<br />. 1f.aDu1I1~~ f;k'HO\\'--Cr \-h;lil keep the Impru\---emcnt'\ fI~-w.- e:uSHtlSt or hereafter erected on the Property insured
<br />"l~lUn",( h~ h~' fire. hilurd.. H1.di1~k-d "'ltnm Iht' ~e-rm -'('''{(.~nlb:d I.lw-CtOiije"', ;!:t1d ..u..:h other hu,.ards 3.$ Lender may requi~
<br />and m ~u{:h ~JfU$ ~nd file ~u'ch penodj, n i .erttler may reqUlre~ rlT~h'uje.d. HUH t "en-dcr 1'!i'haJJ not requue that the amount of
<br />\l.Kh ~O\r'Cr&l'( c\:\:c<<i th~t amo-lml {If -(~H.-eratlC r~t;4U!_t-cd 11"- p<tv the ~lUn' ~t.~ured by thi!i: Deed of Trust"
<br />flw i~>>tK.m(.oe (:4H)C,1 p-n!...}..hng rht: m""-mancc_ -mati he ;.-hO~tl by ft.ofTftwet lub.te<f ({) approval by Lender~ pnwide-d..
<br />dUll s-~h apProval man l.l()t he tlmea-s.-m!t-hly WJthhcld :\H premmnu. ~.i)n lUnurunc:c fX.\He-l<<::$ s.hali be paid in _ the- manner.
<br />pt-ov<<icd under par.,npb 1 hereol or. It fit:.! pald 10 :weh Huum<:f. hy nOfl"ower milking payment. when due... directly to the
<br />m.-uraft(':(' (.,-arner,
<br />,""U Jl'\,\Ufllft(;(" pohc!e\ and ten~wah there--ut ih:di bt" H1 rorm ~-t:~e-P-t:ilblc to L(lndc.r and sbail include .it slandal'd monpJe
<br />,-'tau;;.c HI filvt)( ~)f ~rn.i m f..._'fm a":-(:(:'f'!lthk to Lender LC'fHier ,,-h~lU hiJve the 11gbt to hold tM pl"lijc~ and renewals,thereOf.
<br />,uta &ff\.1'Wer ~h!it.U p-n.':1mpd!" hvnu.h it' Len-der J.H f~tW"f"'oli *.}f.~('"'I aud ~...II r<<eIIit'1I o,t paid prOlniulll!. In the evenl of JQI$-..
<br />Borro~-er 1ih.n gn'~t." J..'>j'utnpf nOhce- w the H"t$1.U'i;lm;:t; .;.:.tH1('f .Huj Le-ndcf _ Lc:n-tkr mar make ptoof \.'\f It1$s if not madc--promptly
<br />t)-v 8orn:'\\-"'Cf
<br />l}~kL, LCnOt!f ..nd e..)fTfY~-~f ~'):tbcr~tilC1 4IN:fee m ....nllng. 1-o'wnUK-C rf\'X.~C~$ ~haU be applied, to r<<l~ration Qf repair of
<br />,he P-rope_fty damaged, p--ro\'-'kkd fl.uch n:~"hNaIHtn Of It:paH I.. ~.t;.-'t~lHJ1m.:~Hy kaMrnc and the 'SCC-lfrlty of du! t.>eed of Ttuit ~s
<br />nut tDer-cby mlptu.-fW If \l-k:h t('-$-Wnmon or {ep.1f ,.. fMl C-\."i{M)fll~aHy 1'C'li$.thle vf if {he ~UftlY of thi~ Deed of Trust would
<br />toe .mptlt't.d. tttc tn,"lf<HK~ PHio;'cah ~haU he app,hed W th(' ~U-nb secured hy tht3> l)ecd of Trull, Wff,h (he- eJlcess, jf tloy~ PAid
<br />to Horr()-\\"Cf If lht:' i>ropcff~ l-'i- ~banw;~ne~:I hv f!oHOWCf. ,)f II lloH\twcr Lnls to respond to Lender within 30 days from the
<br />ililitc IlOh~~e l'l m.uic-t.' by i ende.t In 6t.-wrtl-....er thai the !1l!roUclln(~ ""uHler dtCf1> to Knh; ~ dauu fOf IOiouratll.:-e benefits., Lender
<br />;$. autt'ri:>Hb.'; k. u~i:<<:i ;iino .ilp-pfy t....e Ji.l$unHk.'C rr(~:.<<d:s id i.-cnder'~ tlpHon euh-e:r to f~StoraUOO or repalf Of the Propeny
<br />\'r lo 1~ iunh ~'Uf-ed hy thn. ~d \)f Tru\;t
<br />Onias Lender a!hi 6o-rn;~we.f O[b(!rwr;c Oinr<< 10 wHhng. lit\\' ~uch appiK-atu:fIl ot proceeds 10 pr-mdpai :ohaU not extend
<br />m- f"I.-'-'tponc the due \huc- U-f t~, rt'koothty lfrstilHment~ rdCHcd 10 ~n p:-J.ragraphs I and 2 neNof or ctumge the amount of
<br />""ucn in~t..,Umem~. If UUdCl p,lra.&f-aph ~ x here-Of Ihe Propell)' IS :J(.~uif'tll by 1-.e11der. all nglu, hlle and Itltere:t-.t of Borrower
<br />If! RaQ to an} IHs.unU\'Cc p:.-hcla ~nd m .tnd to the pr-o,.:(,-eJ~ the-h.'of re.\uitm~ from Jam.age (() the Property pnor 1(l rhe salc
<br />\If acquwuou ihaH (Mu h) tender h~ the ~\I~U ,Jt the )UHl~ "'lo(X;'urcd o-y thts ().cecl 01 TrUll lmmec.hateiy pnor to s-uch sale or
<br /><icqUlSUIClll.
<br />6, ...................... ~ 01 P_ty; I.<_bohl.; ('omlolllln"'_ PInned Voll DenlopMetllJi. Borrowe,
<br />"h~H K.e<:p the- Pn)p.ert) ,0 gl.)l,.d r~p',u.l' .wd 'S.h~a n,ll l.'j~rHtnlf .... a~HC ~tr pt:f'mli m~pi.tmHent l..!r I-k'icriHraltOn of the Property
<br />"nd wI-! *:)1upiy wt!h !.bt! PJ'tl""!JMt.\ru; {.\t' 4!l:y ~-a~! It th!.$ l)ee4 pi T fu~t ,~on a km~hojd It Ihl-!i Deed of Truu l$ Oil a unillo ~
<br />.:-ondomm.jum or a J..,*a.nned unu dev-eJoinncfU. 8Qrrowcf !tluU j:\t:dorm ..it of BorrQwe(~ ohhgatlOn.\ llOder the declaration
<br />or >:1."wcmanu_ creliIung Of g~vernmg ~he -,:o-oOOmlflwm \lr pfauned Hml deYe!upmcot, the by.taw~ and rcgulaUQM (If the
<br />.;.'oot:kmunium tW pia:nntd un!t de"t'einpmem. l!ftd (,.m11llw:nl d!x:ument'S" Ii a ~:ondumiUlum Of planned umt development
<br />nder :j t:.>.c>;u::ed by 8o:r:tlW:C: ;;:;nd re--";'\'}Hh::d :egether "l'!Hh t~H~ [)('~d "-it fr-m.t. !h~ ';:1.1\{ent~nts and agrt.'eI1!-enh- of sU1...h floer
<br />,baU 00 HlCt.\rponue:-J into ..nd ':t-haJI Jmend and $uppi~rnt'nt lhe ~o""cn"nl!. and a!'tr(:~ll\cnh t..,f IhlS Deed I)f Trust it'i- If the flder
<br />were- Ol pan Ae-fwt
<br />,. ~tio. f!t I~"f":i Set:-wit) " If 8.m\ !w-t'! tiuh I.P Ix:rform th~ ..:H\<-t:l1anl:-. ~1nJ agreement<; '..'lmtallle,-<i m lhh
<br />Deed of J run.. (lof' 11 any achon l~r ptoc~e..hi:lg to, l.'-'fJlmen'l;__cG whu:h mattOllUy .dtfecl'> Lender'1;. wterel'i If! the Property,
<br />HK:1udtD,. hut not ImuteU 10. c-nune-fH JonwHl, H1sujv~n-..:)-. COOt': eUh)l~l;}ment. ~'f lHr~wg(nlenh- ,,:n pn...,\\;et.--omgi !fl'\l,)!vmg ,1
<br />hank_nlpt Of ~~trC lMJ.l l~cf1-dcr at Lendel-"s, GphQn. t1pi;Hl notK_c (I' l!,)Irower, may mak.e wch appc-ar--anl,:~. (,h5b\.it~e su,;h
<br />'4U'n$ .too tllle: StK~_ :.u;:hgn a~ !~ ~f) i'~ pWle~1 Lt'rhkr'r,. HHcrCl>1. mdudlOg. but not tanned h), l.h5_bur,,~menl \)l
<br />r~ble 2UOflW)' \ ftc." 01:00 entry upon the J3'r:--"-p'Crf} h' make rep:,llfs. il I endef rcquuw rnoHga-ge lnsuran\,;c ;h <I
<br />~OQdt-tij)tl of m~ipl t~ klAn sec-l.U~ hy tbj:~ Deeu of 1 rw~l. B-OfTOWef li.haU puy the prenuum" fequm"~.u t,J mUtotatO ..u....h
<br />H'$ttf~:1: in eff<<t U'fitJI me:b tin,. .a) t~ re<qulfe:ttle~l for Ml<.::n .1l~Ul.Hh;C itHnjJHltc~ 111 ,t;.:cordnn\:c wl-th Borm,wer\ iHh.l
<br />t.~oder'i WIl:t:lC'A ilf;1IH:~-tIt m- -lipplicebie ~;.t;W fk~no'Wt,r shaH pOl)' lh~ an'H)tU1{ l.d ill! morlgage m1-urani.."C prl'"miull'l!\ fO Ih~
<br />"'...",'" p"<<.'idcd under J'l'rllll"'pb 2 he,,,,,!
<br />An,. a.t1.lf.\UrtU du.~ by L~mkf pur"UllHl ~n (tu~ p-aU8:r~ph i Wlih mt-en."~l the.n,."'nn, ,hAll f"C\\.'l.-'\:n\e ,l.ddft!\'H141
<br />,ndebt~ af 80nUwof ~ured by th15 fked CI-i r,UM Un~s. .Ill.1-rfQwcr and l ('nu<et <t~fce hll.)tncf It~flH\ ~lf pa)f1lcnt. ~!K-h
<br />~~u ~ban t-c: S*)~.~ upt.~ nO!lq: .fr~l L~Jt'.f hJ BotTO-Witt rcqutlioung paymftH thereof. :and .shaH t~...r HUe-resl lrom th-e
<br />"!()if ~ #t lbe rate- payable from tUlK- lt1 orne no QU!.').lan-ding pnli~.iplll undc.r Hw NOll' unk~" paytnc.rH ui HH('r~t
<br />~1 tiKl1, t.~ ---nuld be, j;,'OOUlf)f to a.pp!~~-.hi~ la..... In ",,-hl(.n e"cfH ',Heh ilfno-unl~. ..h.lli hi~~u lnle'flhl fit [he tugheM r-Me
<br />~mi..iblc under .~1\.;.hie ~ioI'" No-::J'HU$ -\"om~med in ita... p,ala~Japh -; 'itl1'iH f-C4lJ1h" Lender \..~ m>("1.H :tT1)' cx~~ns.e 01' take
<br />...y "'UOO.~.
<br />1,_ ~ t~,< mA)' make U1' 1.,:H~ hI be uuu,1e f'td'lit.lnilhk ~n~nt:''l- \It,.~n and m!;;fl'C'''~IOt~' ~,f lhe l)n)pc:rI}, t'rt-'\'~d;;,d
<br />tm.ll~,..u ~ lWWW"t:l f)n,ll.;-~ im.."f to ~n) Jl-\Kh 1n:\pecbHO l>pe.l.;lr)'H'Ig fe'it,MltltiM( ":4tl'\1t toortlm NI,f,J.1,~,tip,;t~nder '.
<br />>>\IIt_ >11"- f't--" '
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<br />84.--
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<br />00296~
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