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<br />UNtFOIlM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />.1. ~ af ........... ... 1_. Borrower shall promptly pay when due the principal of and inluest on the
<br />IIldebtedn... evidenced by the Note, prepaymen~ and lale chllTJOS as pro'ided in the Note. and the principal of and interest
<br />on any Future Advances secured by this Deed of TruliL
<br />Z. ..... fer -r- ... 1_, Subject to applicable law or to a wrilleD wolver by Lender. Borrower shall pey
<br />to Lender on the day monthly IlliIoUmen.. of principal and inter..t are payable under tbe NOle. untillbe Note is paid in full.
<br />a sum (herelll -Pundl") equal to one. twelfth of the yearly taxes and ..sessmenl5 which may atwn priority over this
<br />Deed of Trust, and ground renu on the Property, If any, plus one.twelflh or yearly premium installments foe hazard insurance,
<br />plus one-~twelfth of yearly premium installments fOT m~aae insurance:. if any. all as reaaonably estimated initially and from
<br />time to time by Lender on tbe basis nf _men" and lulls and reasonable ..tlmat.. thereOf,
<br />The Funds shall be held in an institution the depoiili Of ac<:<)Unt. uf which..... il1SllRd or guarantOled by a Federal oc
<br />"ate agency (including Lender if Lender is such an inslilutionj, lender shall apply the Funds 10 pay said _... assessments,
<br />,"suranee premIUms and ground renls. Lcnder may not charge for so holding: and applyinslhe F\IIId$, analyzing said_t
<br />'" venfyilll and compilinllaid ...-men.. and bills. unless Lender pays Borrower Interest on the Funds and applicable law
<br />permits Lender to make such a charge. Borro..-er and lender may .agree in writing' at the time of execution of tbis
<br />Deed of Trust that interest on the Fund, ,hall be paid to Borrower, and unless su<:h a._nt is m..... or applicable law
<br />requu'ft Ul{"h in-t~~ !o hoe p~. Lender s-h~n n-~t be required :0 P;J Bar;v~'C-r atrl iniUtSt or ea.uiup. un tbe Fundi. Lemkr
<br />shall live to Borrower. without charJe, an annual acro-unting of the Funds showing credits and debits to the Funds and the
<br />plIrpcMe for ..hich each debit to the Funch was made. The Funds are pled&ed as additional security for the _ -..red
<br />bv thu Deed of TrUSt.
<br />, If the amount of the Fundi held by Lender, together ..ith the future monthly installmen.. of Funds payable prior to
<br />the d~ datr:$ of tall,e5. aJleument-~. insurance premiums and .round fe-nU. shaU exceed tbe amount required to pay said tuu.
<br />a~nb.. tnsurancc prenUUm1; and grnund ferrts a~ they fail due. iuch exceu shall be. at Borrower's option-. either
<br />pr-nmprly ~pa-t:d lO Bo-rro.'er or ~red-itt'd to Borrower on mon.hiy in-ll'ita-lImenh or Funds. If the amount or the Funck
<br />held b)' Lender dml1 oot be :nJffictent to pay taxe.., ll~smenlS. insurance premiums and ,rollDd renb as. they ran due..
<br />8orfo~r shall pay t('l Lender any amount neceuary w make up the defi-c-lency within 30 days from tbe date notice is mailed
<br />by Lender to Borrower request,"It pay_nt thereOf.
<br />Up:m p.~-ment in full of .U Sllf'l't$ ~ll'red by thn Deed lOf Tru~. Lender man promptly refund to Borro.--er any F'uneb:
<br />held by Lender If under parap1lph I ~ he..o/ lhe Propenv " ,,>l<j "r lhe PlOperty "otherw,se 8C'Iuin:d by Lender, Lender
<br />\halt ~y, no laler than lmmediatcJy pnor to the ~...le 0-1 the Prnpeny or r{~ acqUisItIon by Lender. any Funds held by
<br />Lender at the ume of Ilpplic-*l-ton At a credit al-AulSt lhe ilum:'j; _'MX':un:-d by dus Deed of Trust.
<br />l~ A~ 01 r.,-... Unk'\5 iipptK"ab-te la~' pmvf-de, otherwtK'. all payments ft\CCJved by lender under the
<br />N()tt' and pa.r&If&ph\ ) aoo 2 her-eof ~U be apphed 0-" tender tlN In payment of amounb payable to lender by Borrower
<br />Unde-f paugraph 2. hc-reof. then t-o mtef'e\! f.hwahte \'W) the NMe- then tn tbc pone.pat of the Note. and then 10 inrcfUl and
<br />pn.OC!paJ on anl' Fature Advaoca
<br />... C"'5:: t..... &.trro-..,.-~r "ilia-!i pil\' aU I.ne\, d'i".~~m~fll'j. and n(her .:ha~< fines and impositions. .attributable to
<br />the Propen, whkh mOl\' itUIlfl Jl prlOflt\' ('lYe''- !tn, Deed (if TfU~r. ,;tnd iC'uehotd payment. or JfOtIIKI rentL if any. in the
<br />ma.rmet provided under P4-rqr.ph .2 het'eL,t Of. 11 ~k1-{ p-.atd In .nuh manner, by 8or-fOwc-r making payment~ when due.. directly
<br />W fhe- pay<< IOO'C-{:d 8ot~v \-haJj prompt!')' fUf"nl'dl {O l cnd~J nU ncr'R-e.. tlf amount's. due under this parqraph. and in the
<br />,,"vent Bor--rowr'ltf lfHi.U mau paymenl fhr-o.~Hy, ~l<'Vr-t:'l ~u pttlttlptl)' fur",~ 10 L<<,der ~----eJptI evidenctng $ucft: payments.
<br />Rorrow'(!.f ~i p.o:mp-th dJ!li;Cha.r,c ~\' hen wh d has \.'HI(:1-1'1I\' n\it"~ lhr.. Deed nl 'fruM. provu.ied. that Borrower shaU not he
<br />!eQu-Hed f,(\ dnd'>.Ar~ :;:tn~ ,~h h-en ~~) k'-'nJ !.J.~ ii(');j"lWt.H '<tUtU a~rN' In wnttng to the fJo;1ymch{ ~lt the obhJl\hon secured by
<br />;,.U('h h("fl In it ma.nne.f IK~.flIt.bk hI I c:rukr. ,'J mat! If' gi)od faith n~mC''l.1 li-u-ch lien hy. Of def1:nd enfoft"cment (,t loch hen In.
<br />lc:ittl-l Proci:'1i 'itt-hKh ll~.rUC: r,i pff'yt':O! !he t'nfpn~~-ffW,n! ,-, ,_tw hen or tn-ftc-nure l.,t the Propc-rt'y Of .an)' part thereof.
<br />~. J t-..u. UO'rT'(I-...,n~r 1<tuH i.€'~p lht:, ltnrtmen~t1-h n,o.. c'I~Hng Of hc~ft('r t'r~.'1.,d un the Property insured
<br />",#llUU1 }~. 6\" fire h';!,tArd, tm,:hJded wrt.hrn !ht: It:'OTt \"l..~ndtd u')'\'~r>lge; iltnd 'itK:h other hal...ards "" Lender may reqUIre
<br />llnd m l\liCh JU1Wual. and IOf 1-~h pulod:\ .n 1 t':_rnkr mil\' r..-q--Ulfe, proYldc:d. that Leode-r "hall not requtre fh.at th-e amount of
<br />1,i.Kh ..-:OYer. e-u:.'~ tn.llt ~jt 01 ..-over-. tt'qtljf~-d t~) r-~y the ~:Ufll\ ~ured !'tv thn IJe.e.d of Tnnt
<br />nle tmura.n..::~ C-4-fOC-r PWytJ:t.nj Ih<: UU-Uf..'tO";::( l\ItutH N ,-h~() h HiJ'H~-er snhred t(l ap,-proval h~' Lender: provldett
<br />that auch approval .h.aU ~~ t'tl" unra-.~ht\i wHhbt'kt _ .-\,11 Pf'eftllUC't11.. ~ on mwra(K11l potK'-ia mati he paid in the fl'1a0Def'
<br />provukd t1IIiiez pIl~ .: b6eot Of tt noot pa<<1 Ii'! n,,"h r'nanN':'f. tlv Qorr-OWCf makJ,na payment. when due. dlfe;."tIy to the
<br />Hl1Ura.nce carnef
<br />AH lMUr__ox-e polKl!tl .and ~ncw;&h fhcf'c,Xlf \-h-aiJ ~ ttl ff".t"m "'..:{:e~4bie h' l.l:fltk-f and lh.U lJl(:iude 4 u.anc:brd mortgage
<br />...l~ Hl ta~'Of of and i~ lnrm a..:~1WJc t.o i -en-del I C!U,.K-:!' mail h.n'e !he;; f1lht l-i.~ hHW' {he pol-KtC$ jiIJ)(j rene.....b thereof.
<br />..Gd 8on"\*~ ~hatJ pHmlpd~ ~urn~ W r .ernkr all l(>fl(:-"":\l.l OO(K,C1o llnJ aU r",(:'1:'1p(5 of paid prermum'l, In the eYent of lon_
<br />8t.YI'O'WC1' thaJl gn~ ~pt nt..~h.:-C to fhe ~l'ant.":(; ...~rrH:"r a.-"1"J: Lt'ndcc LCitde:r ma\ ma"e pcoof of it."."", ,r not made prompdy
<br />hv iI<>r.-
<br />Uttkti l.endn a.nd 8vorM"kf:1" {.llbet-"~I!C ....1'<<' ~n '... n-tU'l:I, U'1"Ji,UnUlCC pn..x<<<D ,hi:U be applied to rntot'llltion or repatr of
<br />If\e Pr-operty d4.mqed. pn:....tdt-d such Tnk"l-UhOfl ut f~f'a-U 1"\ c\:o:D(nfl-H,'alh k.t.'uhl~ _~nd the K:Curny of ttns Deed yt Tru.t l..
<br />n01 tbe1~ nnpal-f'ed it \UC'n ret!OfatiQft (Sf ~t t1, not Cl;OhOIDK.:lHy fca.uMe t"}t It the t.ecurny td thiS llctd 01 '( rust wuuld
<br />~ tmJMuN, tbe HUUUl"!(.':C' p<<x.~.n.u be a.pphc~ h.l i!l<c .utns; t<<'Ui-rd by fhl'S ().x;d of Trul1. with the C'_\C.u,\.., If any. paid
<br />to Borrt~f Sf lM Propert, " ua.nooned b;' 80HUWt'f. ,;f 1.1 IkUH)Wrr tad?o l,,~ f(:lpOnd to lx.ndc:r withtn JO daY~ from tll<
<br />~ ~~~{.~ ,~ ~ik-d tw J ~nde-t' to lkwTt:l'A1:':r rh11 I~ H't!l,U'IUl..-€' l;.nncr often 10 u:nle il t+.l1m for mSUf.rn:e bene-tits., Lender
<br />t~ .~~ h't ';l,)U(\:'l' and appty the tnSUt :tt\i:c rr'-)\.~' <A; I,('n~r, (."l--pUnn eft her to ta;COflltl-un or repair of the Ilt"openy
<br />or t-o the- tuau flKUfcd b\" rbn ~ t~t 1 ~
<br />t:nJad l.<<*t 3.M Born.-'lWer oth:e:rw-nc agree- w ..rHln~. an) '\u~h ap-pi~'(."aIHm {,~t Pf(H..-"CedJ to pnn6pal .halt nol extend
<br />Uf ~,tPLmc iM: ULP: d.tc: of i_ rru.mtn-f)- 1~&Hmnri:.\ rdcn't'J iv ~f1 t='Ariiifiipr-n 1 and ~ t-..erEUt m dump t~ ~mrnml ot'
<br />"udJlMtaUmenh If I.lfldoer p.r..ph I ~ bc'-rcot the- PrQj)e-rty a 'h.:-lluued DY Lender. 411 ngbt title and lntereM of Borrower
<br />itl and u' ;;my l~,u-'r.~ f.1l*ra and m and In the ;"fil.-w.:ec(b thc-t~oJ rnuhtng from dam3-ae to the Pro~ny pnOf to the ~k
<br /><}t' -.c:quwu-on 1-ha:H pau it' Lendcf to the c\lcnl (It (be "WmI, )iC\';ured ft\ Ihi" Deed ~)f frU1-1 tmmethatdy pnor 10 \uch ule or
<br />~""'1tOft
<br />,. ".............. t'.,I......._ 01 rm,....-,: l..e~ ('ollf ml h.... Pt.-4 lJlIk De.~ Borrower
<br />'"<Mil keep If\(- Pmpe-fl)' U\ e~x",j O:-p.llt ,dr.J '-tu.U n4~1 o..;'Ii'om,1 ~il~U .~r iX'HIHt Imp;.'IIfmenl \H delcflt'HatHm of the Prnpert'i
<br />jU~ ihaU .comptY .'lth the pro-'\'wons oj .!In} leue It thu_ Oeed ut 1 fU~1 .~ on a Jeasehoid It (hn Deed of Trus-t IS on a umt HI a
<br />t"ondofnn>>wn Of " planned unn ..kvemp~nf. 8cH~Y'4eJ ,hail perJorm ;4H ol Borrower', oh-hgatlon~ under the declarawlI1
<br />o-r C~h- ('ruUfi' or ,,",,'C'.tnUlI (he i.OOdomlllmm .~r rf-iUlncd UIlll de-veiopmef1t. 1M b-y+law\ .tnd n.-gulah-on'i of the
<br /><..~mum Of ~ uwl dcv-eklp:ftwm_ and ,-"{,l-OSlltUC111 dOrl."ume.nh If U ;:'C1nd(lfflmtum Of piaune-d 1I00t dt:veto-pn-.eol
<br />rMJcr is t!.i,OCmcd b'y ~ and recorded !(..~ber 'otnth th..,. Deed ol! J nut. 1 he covenants and asreeffiC"nl~ of \uch fldcf
<br />!hall be t~pon:tcd mfO .nd *..U iirrri:'fi'd Mtci ~\lppk-mefil the ..v~-emmh .;and agreemeots Qt Ihl"s Ot.'t!'d III t nnt .'t!. If the rrdcf
<br />wwe . ""rt borcot
<br />'1~ ~ of ~I s.....,.. If &r~er fa~l$. Ii' perform the i:oycnant!. a~ aBrce.menh \.:i.1ntarncd In thl'"
<br />DeId of T'mIt~ or it &A)' Khoo nr ~t'" l~ commcn~ed which malcflatiy atfech Lendtr\ tnte~t In the Property.
<br />,~ but DOl lufUted to. emtnIml dom.tn~ Uuo!Veft(;) , l:odc tntof~tnenl. I)r arnmgetnfllb I)f pnx..'ffdmp InvolVing: ~l
<br />~ or dcocedena,. then ~ at I,~endet.s -Oplron" up:m not~-c: to BOfTOWU" ma'r make &-ut:h "ppcaracl\:~. \,h;,hur~ ~lh.:h
<br />~~ .IM! take ,~ il(tKm a, ~ ~f)' t'O pt"oteCt Lender-" mterut. H'\dudmg. hut not tlO"Hlt:d to, dtsbuf~nlt.~nt \~I
<br />~ iltlOl'My"t 1..- aOIi eDIfY upon t:bc- Propw:rf~' [0 make r-epiun H Lendct reqUired mortpF Insuran("(' a.. ..1
<br />~~ cf m.&ia, .. 101m IICIQlCCId by lb. Occd of ] nut, Borrowe-_r sh.tH Jl4)' (he ptennumw requffcd to m:untam !IIH<_h
<br />J~ m dha uatit .udi titne . the requircmcttt tOf web uu.ur-an;,;-r lermtnatc1 tn ....ccordiln~'t" wl!h horn.:tW('r., <Jl1d
<br />t.-,", ........._........... or.~ taw, 8orrt."t'it'f shall p$Y tbe amount of ail rtlOflgal" It'nunmcC! pr~ttJtum' :n iht:
<br />~ ............ ..... ........plI 2 hereoI,
<br />A: ~ ~ by L~l pu:nuant In thll para.uph 7. wtth !!lter<<-t I MfC'()U, 'i.hall ~"t;(fflle ath.hH~m..1
<br />~T J of Iorto'ltef McUI'Ild by dtil Dc.:I (l-t Tn,.t Pnfeu Bofrower and lender agree l(~ other fel'm' 01 pA}menc 'Heh
<br />~ Ibat! be-,.,... upt)6 ~ If(,~f''l t~tMkt to BonO""\H- rcqvestUl-l pRyment lhercof. and ,ball hear lnternt 110m ih€
<br />... of ...n lU J J n ,wi t" ,.. plY;lWo ~ lime to tunc un Q1J-l:ttaudml Jlfin-ctpall,.ltlde-r rhe NOll!' unktu payme.n,t (If hl!t"-relt
<br />.t ~:h ,,_ would ... ~..., H} appf-K'..bIe 13.. In wluc-h l:~nl ~u~h amount, "half ~IU mtc~1 at th~ h1lhtst rate
<br />~ ...,., ~.* f_p Nodttl\l (.>;oouuneQ ~n th~, par.lf.ph .., !!ih-aU rNtuH-e Lt'-Oder 1_' lllC'ut any e~pemc {II' take
<br />"'l~~,
<br />I. ..........' l...... m:., make Of {;Q'QW (.0 be ma<k ftl..,.nabl-e- (ntlU''!, Hpt"O ..n.1 m't~hOfl' uf tho- -Property''! ~),.tdt,~ll
<br />~- ~-...... .,.. """':tllntf A{)tK"C tlfiOf to 1m)' NC:b lMptCtl(m .pl~(;lt')'tn.. reaM'fUhk -.:auw thC-fdOT n:--~ed W t('Mkr ~
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<br />84 --003027
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