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<br />003135
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<br />If Borre""er pay. Fund. to L..:....er, lhe Fund. .hall be held in an institun .... deposits or accounrs of which are
<br />!II,ured or guaranle.d by a Federal or .tate agency (including Lender if Lender i. such an institution), Lender shall apply
<br />the Funds 10 pay satd laxes. assessments, insurance premiums and ground rents, Lender may not charge for so holdiatl
<br />and applying the Funds; analyzing said account or verifying and compiling said assessmentsandbills.unlessLliDller
<br />pays Borr~r interest on the Funds and applicable law permits Lender to make such a charge, Borrower'ancU..eader
<br />may agree in writing at the time of execution o!this Deed of Trust that interest on the Funds shall be paidlO~'
<br />and unless .""h agreement is made or applicable 1_ requiteS such interesno be paid. LendershaU'not be~'
<br />to pay Borrow.r any interest or earnings on the Funds. Lender shall give to Borrower, without charge, an' ~
<br />accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit totl1ei'tlndS:w..:,
<br />made. The Funds ate piedgro ti .-ldi:iona! ~yrity for-tRe-sums secured by tbis Deed:ofTrust~
<br />If the amount o/'rbe Funds held by Lender, together with the future monthly instailmentsl>t'Fundspayabiepr!oNI.
<br />1 he due dates of tues, ,,,...ssm.nl1, insurance premiums and ground rents, shall exceed lbeamount requiredtopays8ld'
<br />tHes. assessments, ,"surance premiums and ground rents as they fall due, stICh excess shall be, atBOrrower;s option.
<br />either promptly repaid to Borrower or credited to Borrower on monthly installments of Funds. Iftheamountoftl1e
<br />Funds held by Lender .haJl not be sufficient to pay taxes, assessments, insurance premiums and ground,rentsas theytiill
<br />due, Borrower .hall pay to Lender any amount nece....ry to malte up the deliciency in one or more paymenrsas Lender
<br />may require"
<br />Cpon payment in full of all .ums =u~d by this Deed of Trust, Lender .hall promptJyrefund.toBol'\'ower any
<br />Fund. held by Lender, If under paragrapb 17 hereof the Property is sold or the Property is otherwise acquired by
<br />Lend"". I",nder shall applv. no later than immediately prior to the .ale of the Property or its acquisition by !..ender, any
<br />F\lnd. held by tendot at the time of application as a <'redit againSllhe .ums secured by thisOeed ofTru.t;
<br />J. Applkad.... of Paymea.... Unless applkable law provides olherwi.., all payments received by .Lender under
<br />the Note and paragraphs I arod 2 hereof shall be applied by Lender first in payment of amounts payable to Lender;\ly
<br />Borrower under paragraph 2 hereof, then to lotereS! payable on the Note. and thenlO the principal ofthe Note.
<br />4. Prior M_..... ...d Deodo 01 TI"IIOt; Charta; Ueu, Borrower shall perform all of Borrower's. obligations
<br />under anj' mortg"ll'" deed of lrust or other "",urity agreement with a lien whicb has priority over this Deed ofTt'USt.
<br />,nduding Borrow",.. covenants to make payments wben due. Borrower .ball payor caWle In be paid all taxes;
<br />:messment. and other charges. fines and impositions attribulable to the Property wbtch may attain a priorityoverlhis
<br />I-.....J dTr""t, ""d le.sehold paymenls or ground rent.. if any.
<br />S. HIWII1l Iaounmce, Borrower .hall keep lhe tmprovements now e.isting or hereafter erected on lhe Property
<br />,nsured against lox. by tite, haz.an:l. Included ""thin the term "..tended coverage", and .<ucll otherhaz.an:l.... Lel'Jde1'
<br />may requu"C' and in such am,ounh and for 'iuch penods 3-5 Lender m.ay require.
<br />The iosurance eatTler p"mdmg Ibe m.urance .ball be eh",en by Borrower .ubjecl to approval by Lender; provided.
<br />!hat ~iJ("h approval \ha..ll nnt ht unr-eas-nnably wl.hheld. All insura.nce policH~~ and n:newals thereof shaH be in a form
<br />;lcceptable to Le!)-der .lnd \;.haU mdudl: it 'iia.nd.ard monga-M;e claus-e in favor of and in a form acceptable to _Lender.
<br />i~nd-f:r ~haa h.w~ ~b(: n8h~ to hOld rhe poHt;;"ie'i .,.,-",1 tt'::ew.eh therwL ,ubject to Ihe terms of any mortgage. deed of trust
<br />'It uthtr ~t'Cunt., at{r<<mcnt wl1h a hen whi{:h has pnonty i)ver thIS Dt-ed of Trust.
<br />In tJ\t ~cnt ot lo~'S.. fjofl'l)Wer shall give pr01np-t nohce (0 the m~urance carrier and I~n-dcr. L..ender may make proof
<br />~)f lo"\!> IffK){ made promptly br Homtwt'r.
<br />If the Pro-pert", l:') abandoned by Borrower. or d' Borrower faib tu ft:!lpond to Lender withm 30 days from the date
<br />~-'->H,(:e 1:\ maded hv Lcndtr ('"j Born..l,,^er {hal th.e }t1~urance carn<< otle~ to ~tt1e a da.lm for tn.\urance bendits. Lender is
<br />~tulh(jrlled to ('otiect and J,ppiy the insurance rtf~"'ffrls .at l...ender"5 option either 10 rC'j{oration o-r repair of tr..e
<br />Propen'l" (If H) the ~urta ~ur~ by thh fJeed of rrUiL
<br />0, 1'_&1\00 ....d Mala_<... 01 PYopeI't}I Le..el>ol"", Condomlni....... Planned Vnil Ondopmenu. Bor'
<br />:rn\A~r ~haH keep {h~ l'fOrJ't'ft)' to gtH.il-1 repau and shaH Oi)t \,'ommit '''' :.<t\tc nr permH Impairment or deten\..lnltOn of the
<br />Prnpcrty .1-IHi ..hall nnnpl,'f WIth the pf{)","i:.)(m~ ~)f iln~ k-a\e If lr,h Dero of Tru~t i::: tH\ ;1 tea!!tthold, H this De-ed of Trust is
<br />""~ a !!!'i;H '!l .-! H}filiommn1it1 Clf J; plannat unH d<:v~tr'pment. Borrower 'lhaH l-"Ierf1:lrm ,lii oj Borro,*'crs obilga[ions. under
<br />;he In:1Af4liGn ,I, -.:~w~natH~ ';,:re-.'HUl~ I,ir goyermn/!.: the (UndOmHlltHtl O!' planned HUll (h:<t-i;::-k,pm.::nc rht:' by-laws ,1\no
<br />rquiaul,<.u'!o dt the (\,1ndvttHnlum tlf plii(tHM unH dt\'elup01ent. and oCot1itiwent doc-urne-nh.
<br />", P-I"Mecdotl (t' l~tu"I"1 Seeurlt]'. if H-i.'\rrO~ter failS It) perfo-rm {he i..'ovcr1anh .lod agreements ('{}ntain~d !n this
<br />Deed of Tru\t. CJt' 11" .:in,;, aCHon or prlA.--eedmg is i:omment:ed ,.vh~("h ftlJ,[criaUy affe([~ l..ender"~ interes1 in the Propeny.
<br />{ht!N L.emiet, at Lcnder\ O~~Hun, upon notict w ROfTowt"'f, may f'fl.:tk-.: ~uch appearances. dis.bursc ~uch sums, mcluding
<br />~i4:vHHlb'e ath)fnej"S' !eei,. and take 5-u\'~h a-Ctlo-n as tS ne\..~:\4ry It) pr-olecl Lender's Interest, if Lender re4Uired mortgage
<br />l!1_'i-utdnCt as- 4 ~1.)ndH10n of making the loan <i.Ccuf('d hv thl\ Deui (.It l'rust, Borro\\;(:[ ~haii pa.... the pre-mium:-. required ro
<br />Hl.u.tlU"ln \och insuran'l..'f In tftecl uncil \~h rimt: a~ rh~ requirement for ~uch Int\.urani;e rermnuUcs In accordance with
<br />&)r~\,-wt.t.S. and Lender',;, wrH.H:n agreement Of ap-pikable la\'<'
<br />-\tll! <inH.l\tnh dh-buned by L-endrr punuam to th,'i pJ.fagnph ", with inte-rt:"~' lh(',reoIL at rfw ~ote rate. shaH
<br />t"'<<i_"me addiw)nOilI tnd-ehtedno;\ of Borrower \(."-Cured by thi\ Dt't'd (.'If Tn1'L Unlcs... BnrTlJwcr dn-d Lender a~ree to
<br />nl-lKf terms. of p1!~menL such am-oonU ),hali ~e p4yahl-e upon noUce from Lender \0 Borro....n f('qucsung p yment
<br />lnrtf:\)L ~Qthmg C(.pt;:unw in {nl\ paragraph ~ "l:haH r-equ1re Lender T.Q iocvt any eXpen"i( or take any ,tI..,tioJi h~reunder.
<br />-8~ ~tiea. i...en"-er mAY make 0:- cau.$.(! w bt made (t'3sonabk entrle.!t upon and ln~pe~tions ,)f lht! Propeny.
<br />pT(WI:rl:ed that Lender 'iohaH ,gi\'-c Borrower no{,ct pnor w any 'Iu(b lO'S.pectil.m .t,pe~ifYlOg fe--asonabk' ,:au:s.e :,h~refor
<br />rt'j,a.trd tu L.ef'i-de-r~~ interest in the Prope'rty.
<br />9. COCldeaI..UOIl. The pt'iC-eai~ of any ilward {)f claim for danug~< ,_hre-ct ilf \';:)n~quenriaL In I..'onn~\..twn WIth
<br />.1-n-y c!)ndemnatlOn Of Q{ner tak~ng .Jf the PF()peflY, or part therr.(.L f't {or (-ntl''''e\';HKt'' 1I1 lH:lI \)t l'l;nclcmnaH-nn, ,are
<br />ht:'rtby :i::\.\!gnoo uti sha11 be paid to Lender. subJeCI to the te-rfi\'J. (d an)- mUr1}{iJ~~, (ked ul1ru~t U[ "Iher 'I..':(:;unty iigree-~
<br />rl'Jent \i<'1ih a htfi whh:-h h.:s- priOfHy U'lIe! lhts L~d of Trus.r.
<br />IO. ~ Nel R~f Forbearaocc B,- Leftde, Sot. ,,"'.he-r. I: xtefl'.itHl. nt 1.h..... orne for paymt'nt ,if
<br />m..-.:iHk"-.\lliID Df ,;Ifltorth-AHuu {,to the SUf1J\ scrured ~n- lhi'\ l)eed {,l! i"rU\i Jr;:1'<\med b\' L~~!ldn {~, ~iny ':!.Uccf,"\s.ur jJ1 interest IJ(
<br />8(l'(H>>Wf:'.{ \.haJJ ill)! Qperate h." reh.':8\o1t< ~n ;my manner. the lIabth!\ ul r{](' nn-gwal B,)ff-u"Y,'l'f .Hal B,,~rn'wt'r." );UI,'C'(''S\Ur'; m
<br />iBk'ft:1iL lA-~r \halt not!)(- tr:'QUift~-d tQ cnmmC-n\~t' -proc<<dinR' -3!l';!Hl\t \udt \uc-n-:s,,>o( tlf" n."'luw In t':\tend rime -tor pa,"
<br />m.en-t ~:''"f oth1:"f'WtSe' rru:~Hty a-m-o-rti/JlUOU HT tht' sum"> ~ured hv ttH~ LmJ ,)~' l'rl!_\.t 1-., ft;J.~.m ..-.1 ;Hl~ .Jenund maJe bv fhe
<br />i;;t.nlif\1l:; 8on~~.r 4Dti IrotTQ..--t':f'~ \UCC(i~;)-Pn ti"l ltH(re\L An:~ f',!h~'M.,tfli.:t" to, L~no1('r ~n t,"'l.'l',,'i"l!1j4 .in\ fl.tthl i_'f feITie<:h
<br />bo-r(,:\I~r. ~>f ~~:tne""iM: ..tJO'fd-ed b, Avph(,at\k law. ,haB nOl t.>~ ,.\ ..\-"'l:('.~'f' ut <!-:" p't{'..,;o:dt' th\.' ('-{~n-l~t 111 ,~n;. ~lJ.dl l'I!ih. Hi
<br />r~"~(:d.
<br />ll. ~ $ltd "....... Bea:mi~ .kriat uti S.Yt"f,.f LilthHIh-. (o,-\-.titfl.e", j hI;:' ~'''i. n_.lnh J~fef.,,~';.:ng
<br />t;,,~l'~~,-n -;zn"lc,h~~,~ ~-h-aH ~H(h; -l!'!'~d th~- tt,~ht\ hfh~:vf!<1lt~ '~h-,*~~ r!HH'-J:' ' n~'jK':l{"a' ~\h.".',~,,<\'F" ",,\'\Il'.r.\"~ L~'n,h'f .tIJD
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