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<br />84 - 00313t1
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<br />if Borrnwt':' pays Funds TO I~~~~t.'r. the Funds shaH be held in an instlruu\,lc.le depo~its or accounts of which are
<br />ln~IJH:d or guaranteed by a federal or state agency (including Lender If Lender i, such an Institution). Lender shall apply
<br />the Fuods to pay saId taxes, .=ssment., insurance premiums and ground rent.. Lender may not charge for 50 holding
<br />and applying the Fund.. analyzing said account or verifying and compiling said ....essments and bills, unless Lender
<br />pay, Borrower interest on the Funds and applicable law permits Lender to m.ke such. char!!", Borrower and lender
<br />may agree tD wrning .t the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower.
<br />and unless such ag"",ment is made or applicable law requires wch intere.t to be paid, Lender shall not be requinld
<br />to pay Do""",,,r any interest or earnings 011 the funds. Lender shall give to Borrower, without charll". anannua1
<br />accoulllillg of the fund. .howmg credits and debits to Ihe Funds and the purpose for which each debit to the Funds..u
<br />mode. The Funds are pledged as additional security for the .ums secured by this Deed of Trust.
<br />1 f the amount of the funds ~ki by LendeT. b~ber with the future monthiy it'.$-iailments of FiUid: -pa.~=;:~,to
<br />the due dales of 'axes, .sse.sments. insurance premiums and ground rents, ,hall exceed the amount required topay~.
<br />'.xes, a.sessments. ill.uran"" pn:miums and ground rents as they fall due. such excess shall be, atB<>rrower'soption.
<br />""her pNmpliy repaid to llorrowrr or oredited to Borrower on monthly installments of Funds, If the ,amount oftbe
<br />Fund. held by Lender ,ruB nOI be sufficient to pay ta_. assessment.. insurance premiums lind ground rents as they fall
<br />d~. Gonnlio-o?r _'in-aU p;.] u:.~ Lender any amount net."es~ry fO make up the deficiency in one or more paymentS 3s-I..endei'
<br />may requlre.
<br />L'pon pa"",ent III lull of all .um' s<<ured by Ihis Deed of Tru,t, Lender shall promptly refund to Borrower any
<br />Fund, Ileld hy Lender. If under paragraph 17 hereof the Property i, .old or the Property i, otherwise acquired by
<br />Lender. C<:nder ,h.>Jlapply, no lal<r than Immediately prior 10 the ,ale of the Property or ,ts acquisition by Lender. any
<br />Fund, held bv Lender ltthe !!me of applicatIOn as a credit against the .ums ,ecured by this Deed of Trust,
<br />), Appllcatl<m of Pal"D_II. Unless appln:ablt, I.... provides otherwise, all payments received by Lender under
<br />the Sme .lIa pragraphs ! and 1 hereof shall be applied by Lender IIrst in paY'lTlem of amounts payable to Lender by
<br />Bo<n""er uoder para!fT.ph 2 hereof. then 10 'ot<reit pay.ble on the N'>te, .nd then tllthe principal of the Note,
<br />4, Prior !\fort...... ....d I>eedo of T...... Cluwptt I.lens. Borrower ,hall perform all of Borrower', obligations
<br />under any mortgall". deed of trust or other security .~eOl with a lien which ha, priority over this DeedofTtli$t.
<br />indLlijmg Bormwef"s <f:\-enanh to make payments when due. B()rrower shan pa~' or cause tu -be paid -all taxes-~'
<br />a,..."men" .nd mher chargeo, fines and ,mpo"lIon. ~ttnbutable to the Property which may atl.in a priority over this
<br />r~1 ot Trust. ilnd it:a),.Chold payment! \If ground renU, if any.
<br />), HaxanI I.~, Borrower .haH keep th.~ improvements now e."'mg or hereafter erected or; the Property
<br />lt1'Hin;d ;.l~;1m3t k"\,S, h~ fitt'. haurd'!; inc-juded 'a,1thin the term "extended c(;verage". and such other hazaros'as__Undot
<br />may requirf:' and lH ~u('h amCi-\,ifH\ and fur sUi..~h peru..'!ds ~}; Lender may -require..
<br />Tne It\lIJtlttli..-e ~aTt1:("r p-rovld~nJ? the ffliutance ~ha:H be -chm.en by Borrower subject to approval by Lender: provided.
<br />-:h;u ;;uz:n approval \D"H nm be unr(;a~ona.bly w~thheki. An in~uran<:,e po-hcie\. and renewals thereof shaH be in a fonn
<br />.i;:t..'~pU.lbf(' w l-e-nd~r J.nd ",:Lilll l"'1duc,' .) danJard mongage- ,:I,Fisc Hl fav(,:r of and tn J. form acceptable to le:rnier.:
<br />\ ,!,,"!~d'!! ~h!lH h~yt" fhe' n!ih! U) Hold {h~ 0Jh:11:~$ and- r~newaJs th-er-col. ~~ubject to ~he term~ of any mortgage. deed of trust
<br />r (,~hef ~t."{'urH)" 4,Kl'f''':''n;(:!H ~'-llh;1 hen \\ tn,,:'b hA~ pnOf"Jty (Ivcr thiS Deed of Trtl'itL
<br />in the ty.ef1t oj k~). i.lurrl1wer .,ru,!l ~p,~ prumpl notice tu ihe tn'\urance CJ,rner ~HHt Lender, Lender ma,y make proof
<br />'1 j\:ru If rEX made pn:)rttptl,r by B{,","o\fi'~r
<br />H th~ Prl}perty i'i ahan(.h.:n--ed by Bo-rrnw-tf. ur 11 Borrower fail,> l,) rt"Spon.d to Lender within 30 days from the date
<br />nQ-Hct' 1\ malied by L.?Jl(1:t-r t"-j H...,l"'fow-er that the- truuran(,.'e Car-tiC'f otter" to :,<e1!le a dZllM f(if tnsuran~t-benefit-s. Lender is
<br />~H\h,--)~j':eti ;,0 . flH<t;t ,;>.nd ;qJpiy '-hI:" itl\uun.;:e l''!:(''''t-t;'ds. ~u L.::ndt:r's npw.m eaher ;0 rC_\toralion or repair of the
<br />Prof)eti,,v ,_~~' :ht 'Soum\ \.~c(~rcd by {two [~of lnJ'_\t.
<br />6. 1'............... ....<1 "'.,",,,,,,<< of Property: t-h....; C....oomi....._; PbuUled Cnll ()eve!opmento. Bor'
<br />rw.'('r ',hJ.H k.ee-v Hie Pr-opc-rt-~' Hl jllk.".Q r!;:pilu and 'i-hail wH tffmml! Wa~lt: or permit impairment or deter;oratwn of the
<br />Prnpc'n~' aud \hail (c'-mpl}' '-;\lth the pr(!\'t"'IOn'. d ;thY ka':.t It (hl\ Deed ;,~j Tru~t i~ IJn a leasehold, 1f[his Deed of Trust is
<br />,n ;'1 umt In !~ '-\JOOOrtHn\mn l,r <i piann("oj llDH ,.L \t:}opmenL H'Jrt'o*er \hal! p~~rfotm all of Borrower\ \)biigations under
<br />i.he J~'LtfatH,Jr.. ,~r l~~"'dl::a..l:-> ":n:J.t:i.i'ii .'. g~'tit'rn~::g :ht: \".!!!~11)1'I1q"HUIT'! or planned tlmt dc:'..elopmenl. the' by~laW5 and
<br />r-egui-<t,g'!H: :,! tht' 1,.41..rn(h.~fni;Hum ,H phu'lned unit de-\'dnpmenr. ;lOd ~mHfltuent documents.
<br />~. Pn.tft'Uoe of .l..C'ndr--r', Secarlty. if Eh.HTnwt::r f.jih- ro fJ't'rturm the \'~\wcnanr\ ~md Jgn:emenb cont_amed in Ihi5
<br />L~t.'tj or Tt\!.\!, ,~r d ~ny J.etlon ';"'f pnx.'e1:'ding: h I..ummcnced \,\ hn:h matc:nalty :dtt."\:1\ Lt7tlder\ mlere~l in the Property.
<br />(h~n L.cndet. af Lender.s o~inn" upon nvllCC In Borr-i')'\Jp-er. may Hi4kc 'Iu\:h ~ppear.:m17es. dIsburse such )ums, Including
<br />,"a.\~m.Jbh: ,J~\Urn~r~' lft'\, and. L.1il;e ~uch ;lc:tlC1n oiS i~'" necessan to PWICct L~ndcr\ inlt"re!'it. 1f Lender required mongage
<br />If\:ltir ance- u, .a (cndH~Ul ~}f mj:kmg tht In:w ~-ure-d b'! thl" Lke<t \..It frust, BOfT()wer \hall pa,.... r.he premiums required to
<br />''-.~:f!Hiln HK'h inHH;wn' Fl eff~ct unn! 'l.U~.h la-He as- the rt'quH'1:m~m for \th..h H1\urance terminatt:\ in 3;;:cordan~e ljI,rlth
<br />UOIT~I~"~r ~ Mid t,en-I..h::(\ -,t.Tltten agree-metH or a:pph~a.btc !dW.
<br />,\rl'.- J.m-f.lUHt\ >1:so-uN('d b!' Lender pursu.aM t,.\ tn!") pd-r~~raph - ',A..j{h in~en',;1 thert'on, ..it rhe Note rate. shall
<br />,,-t"cvtH~ .;,j-,thtJen.ili u'\{kbft"'dne~:fI ,A: Bor'!"ower st"(tn"\~d by ,hl\ Dt:ed of Tru\f" L:nks-\ Horri'v.~r Jod Lender a~ree TO
<br />it-tv;. ~~~n:n... ,~,t p,l,}TI1em. ~w.:h ;;\t!loun1:\ o.;haH h~ pa-,,~bk up.H'I n'..n('~; t~om Lender T(\ B(}rr~'''''''.cr requt.~s.tmg p \-"menf
<br />';';'';:-i'T~IL ~l.;-\hw~ {>~{H-i~jl1i:-.J t;, dw, p;;;t;r.J.gneph ... 5hiiiJ f't,"qUl!'tt Ln~d"r (n JIl-CHt ;WY np~n...t i)r ukl' allY a':-!lon he-reul1dc-r
<br />8. l~UOG. t..t"luf-cr rnay Plake nor (3U~ tp at" rnade re'a~on.ible ("nrno;:-~ tlpnn ilnd \ThJX('HOn~ ot tl1e Pr(;p~ny,
<br />;"';,~'Y~J~'\l !h.\{ t.ICHdc-r ~iLtH pl't' 8.ofT(.~er- not1ct: prn:>r to a!n <.-uen H~"pc(:tli,Jn \pe~:itYHlg rea)onahk CiJt1j.c fhtrdor
<br />"'t"i.lIJ.Nl to L.e:fl:(!ef-" IrHtT~{ the Prn-per'i'.-
<br />~_ ('~_. The pri.x:t."el..h ,-,1' ""1.,' a'a'ar(\. ,}f ciOiun hr iLt,m-d~:i..''io-, (1m;,>.:! ,"r -':-:,Hh.:quentiaL m conrH.~ctlOn )\{th
<br />Mt-y ~'lJn~kmfl-ativn 0f q{!\er ut,;.ml! of!he- Pn"}.'\('n.., 'If pa.rt theft~!)1. ,if i'.lr '..'l;-!1Yt;\Jrh:I.:' In l,{'u ,'l! ,.(!fltiel1H!a!H:m. .ire-
<br />~H::,n"(n' <l:_,,~ljl!H~(1 and s:tuH r:>e pau1 tu l.,.('ndef. \Uh;et:l!n the 11':n:n\ <.If .Hl~ rnorrgag,t.', f!;:t:tl oftru\! (iT other se-cunry J.gree.
<br />m-r{lit ',nth.ll 11!:'n -Atnch hlS, pnonh' "rVer thi-!>- Det'o :If Tru~l
<br />to. 8arrv-.-. N..c R~; ForlMo~ By l.ender ....ot . Y.'..ht'f. r.,rt~n\inn ,"j !h(' rllHC Iur pavmt:"n! ,)r
<br />rn~~hb,':'AWID ul "t1H-<rt~LOfB.;)-n of the ~unu ~\Jrerl O'f dw. Lit'{"d <1t I'ru'\i gglnled b,' l. cndt'r 10 any \ui;'(t'~}.or- Hl ~meres{ of
<br />fi,_lf'f(.'.'t-r ~ha:li 1)\)4 opt'f.ate to tr.;k.~. in an)' m.\innef. the hJhlin.,. l)! Hit: r.n~ln41 I:h)fro....e-r j,nd g"lrrn~cr" ')l~Cf.'(";,.I,.\'1"'\ It"!
<br />iM~-'fflt. t..(~ldef ~haH m.~ be f'equired to '.ommt:fK't:' p-rocc'~tn&\ ~g_.Hn\{ 'Hh.h \th:c{,...\(~r (,r rdu<'f' ~o n;tend !!tHe h}f pay-
<br />hwnl. 9:1' ~>t~'H_ mOl.hfy .U'Dot'Hlatwn of tht' ,>um" s<<'ureO 11.... tht-'\. U~d nt f rH\1 h re.h,Hl \~! any ,h"nLwd mll-de by the
<br />l)t'~'Hh\~ 6-orr'P'tlfe-r .nQ 80'H(m"'er';. Hn'..:e'i\<Vf"\ m lnlf;'f'nl. .'\nv hrh{,ara.n\-(' 1:<" Lt<Mler ;'1 t'_'lClrl"ln~ .un L~fH LH ft..tn~jy
<br />~'t'1"f;"ndff. ;;:1' nd.-*rwt" ..tlfm:J<<'i t't} apphc_.t~j~ r-\1'1i1-, ~h.<<l-~ n,,; ~v- Ol. :;;-.~,...t~r;\! .,cr F!'-e(,'\..!<j~ ~iW "~"'l"-h~' ,;i' Ml\ '.tH.::h n!l:tH i'l'
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