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<br />UNIFORM COVP.NANTS. Borrower and Lender covenant and agree as follows:
<br />_1. Payment of PrindplllllJJd 'nleRSt, Borrower shall promptly pay when due the principal of and interesl on the
<br />",debtedn... evideneed by the Note, prepaymenr and late charges as provided in the Note, and the principal of and inrerest
<br />nn anI Fulure Advances secured bV this Deed of Trusf.
<br />.. , ._.~.!n~~~.!~~ ~~'.. ~~bl~!_~_~~~J~e~~J:-.!.a.w.~r _t'O',~..~rit~':.~_~~~v~_~ ~~E: ~_~~
<br />I~) 1_.<,:.1....1"'" v.. Ute; UaJ' IH...~lJtUi' hllhdlHh\-..I'lo VI i-n................. UJltU Hn"'".......~ ....... p",.......... Vih....." ho<;. ~,,;v....., ....Ui,i:i "-u.... ....V~IW
<br /> S;;:t>-t'lIIUW ... lun.
<br />a stlm (herem "Funds") equai to ,me-twelfth or the yearly taxes and as_sments which may attain priority over fhis
<br />Deed of Trust, and ground rents on the Property. if any, plus one-twelfth of yearly premium installments for hazard insurance;
<br />plus one-twelfth of yearly premium installments for mortgage insurance, if any, all as reasonably estimated initially and from
<br />time to time by Lender on the b..i. of asre.srnents and bills and rea""""ble estimates thereOf;
<br />The Funds shall be held in an institution the depo>its or acrounlS of whleh are insured or guaranteed by a.FPraI or
<br />,tate agency (including Lender if Lender is such an institution), Lender shall apply the Funds to pay said taxes, -R\eIlt$.-
<br />Insurance premiums and ground rents. Lender may nol charge for so holding and applying the Funds, analj-ozinllesaid-aeeo;mt"
<br />or verifying and compiling saId ......,....,enl. and bills, unle.ss Lender pays Borrower interest on the Funds and awli:cal>Je-b,w.
<br />permits Lender to make such a charge_ Borrower and Lender may agree in writing at the tint<: of executione ofm.is
<br />Deed of Trust thaI interest on the Funds shall he paid to Borrower, and uniess such agreement is made or aw1icallleJaw
<br />requi"" such interest to be paid, Lender shall not be r"Iuired 10 pay Borrower any interest or earoinp on the Futlds, Lender
<br />,hall give to Borrower, without charge, an annual accountmg of lhe Funds showing credits and debits to the Flmds' ami the
<br />purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the SUI'llll secured
<br />by rhis Deed of Trust,
<br />ff the amount of Ihe Funds held by Lender. together with the future monthly installments of Funds payable prior to
<br />Ihe due dates of tlUes, asseMrllents, insurance premiums and ground rents, shall exceed the amount ~uJred to pay ulduxes.
<br />assessments, j~surancc premiums and ground rents as. they fail due, such exce3S shall he" at Borrower~s- optiont ci.t~r
<br />promptiy repaId to Borrower or credited to Borrower on monthly installments of Funds, If the amount of the Funds
<br />held hy Lender shal! not be sufficient 10 pay taxes, assessments, insurance premiums and ground rents as they fall. due.
<br />Borrower shaH pay III Lender any amount nece..ary ta make up the defiCIency within 30 days from the clate notice i. mailed
<br />by Len~r to Borrower requesting payrrn:nt thereof.
<br />Upon payment in full of all sums secured by thIS Deed of Trust, Lender shall promptly refund to Borrower any Funds
<br />held by Lender_ If under paragraph j8 hereof the Property.., sold or the Property is otherwise acquired by Lender, Lender
<br />.,han apply, no tater than immediately prIOr to the ,ale of the Properly or its acquisition by Lender, any Funds held by
<br />Lender at tbe time of application as a credit against the SlIms secured by this Deed or Trust,
<br />J.. Apptitadon of Payments" UnJess applIcable law provides. otherwrse. aU payments received by Lender under the
<br />Note and paragraphs I and 2 hereof shaH he- applied hy Lender first m payment of amounts payabJe to Le.q-der by Borrower
<br />under paragraph 2 hereof. then to interest payable (lfi the Note. (hen tf} principal of the Note, and- then to interest and
<br />pnncipal on any Future Advances.
<br />4. Cba-l'2es: Uens. Borrower \hali r~'J ail r,~\e~. d,>SeiSmef ,It! nt_ charges.. fiW"'_~ and impooitions: attributable to
<br />the Propeny which may attttm a pnonty over rhl"".i ~)ee-d of Tn~~" J:nd le~~hold paymmlts or ground rents, if any. in the
<br />manner provided under paragraph 2 hereof or. if nor paid in ,'iuch manner. hy Borrower making payment, when aue~ dir-ectfy
<br />to rhe payee thereof. Borrower shaH promptly hrrni~h ru ~ .ender ~lll notit.::es ot ~mounts due under this paragrapb.. and in - the
<br />;:VCDt Borrower shaH maic paym~m dire>..:tly, Borruw!:1 ....hail fHt.m1plly tmmsh tn Lender receipU evjdencing such paytilents..
<br />Borrower shc:dl promptly di5Charge any lien \vhich has pnorny over this Deed of Trust; provided, that Borrower shall not be
<br />reqUired to di:s.charge ;tOY such lien so long ~-i\ Borrower shaH agree In writing to the payment of the obligation secured by
<br />...uch lien In a manner a"eptable to Lender, or \hnH 10 good faith contest such lien hy, or defend enforcement of such Hen in.
<br />legal r~xeedlng~; which operate 10 prevent tht~ enforcement of lhe lien or forfeiture of the Property or any parr thereof.
<br />S. Hazard IDSUl1UI<<. Horrowcr ..hall keep lhe lmprnvt"-mcnts now t-:'\IMmg or hereafter erected on the Property insured
<br />.tgaioM loss flY fire, hazards included wuhm Ihe term -'e.\tt:.ndcd :.::overage'., and such other hazards as Lender may require
<br />and m ;I.-tlch amounts. and tor ""uch periods a'S L\.'ot.kr may n=qwre: prOVIded, that Lender shaH not requ.ire that the amount of
<br />"'uch coverage {'xcerd fhat ~f-moun~ oi ....'ovefa~c leqWfcd tt1 P~fy the ~wns ~iccured by thiS Deed of T~w)t.
<br />rh-e J.ns.uran-~.'e ;.~.Hrtef proVidHiR in!': !l)quan{X "haH h..;: d1P~!:n hy HO'frower ~H.:biect to tipp-roval by Lender: pro,,'ided.
<br />rhat such approval ~haH not he unreasonahiv 'NJthheld All premiurns 011 ins,umnce policies shaH be paid in the manner
<br />f't.o\'~ded under paragraph 2 hereOf ur, II not p.nd 111 'l-Ut~h flmtlner, by Borrower making payment. when due, directly !O the
<br />! nsurance carrier.
<br />Ail jfi!CUU.l1t.:c t}QlH.':I~S i.!mi renewals Iheft::ul ~haJl he in infm :.h.:ceOlable tn l.cnde:r and shaH lfichui.e: a !tand.~rd rporttt.llue
<br />,-'!aus.e Hl favnr uf and in f\~fm_ ,Kc{;'ptahh: io l_cnder i I...ndl..'f ',haB ha'v~ the fight f(J hoM the policies and rene~;il~ ther;Of.
<br />Jnd Borrower "haH pwmpUy fmntsh to Lender aU n:-HeW;aj noUce:o; and all fCCetp-ts of ptud premiums, In the event of Joss,
<br />Borrower shail give prompt nO(Il.;e!(l [he !n~uraJ\i.;e i,:~rfICI a!"h11):ndcr. !.cnder m.)}' ma"c proof of h)S!) If nOI made promptly
<br />br Borrower,
<br />Unless Lender JJ.nt! BOrnYWCl nfherWj3C al>'!rc-e H1 \"'nl;n~, il\StiTMh,:-'C pr\'J~ectis '~haJl he applied fo festoration or repaIr of
<br />the Property damaged, provided :<.uch 1e\1c.H"<illnn Of lcp-~Hr J.., n:...mOfnlL:aUy jeJ.'j.jh~c anu the security (.If thl'll Deco of TrwH is
<br />nut thereby mlD,:ureJ. If ~udt r\.~iOrauon or nmJ1if l'. nol L.conomi4.:allv ka:\lble ,Jf If 1he ~c'Hrjty of th!'i Deed tIt Trust \"".ould
<br />be Impa!red, the msuran.ct: pro.:eed\ .,hiliJ he apphet.! fO fhe sum", 5.i;u'l-ed hy lhls Deed of Trust, with the C\CeS8. jf any, paid
<br />!O Borrower. !f lhe Property I" .Jbandoucd hv BOi!owcr, ill" d Horrt)\\:cr lails iu rc.!>pond to Lt.'Hdcr '....ilhm .10 days from fhe
<br />Ja.t~ uwn.,C n ::;:u;lil~u {))' ~x-noel H) OQITlP.~-Ci lInU tht:. \n:\UfaOl(~ ,,-',HDef i.\lh.~-:<; w 1l.CU!e a daml for m.\mam:e benefits. Lender
<br />lS authonud to I..'~)llei.:i and Jppiy lhe msuranct' pro{,:e-t'.ds .I{ l,cnuer's upHon cllhe-r !o r~!oraljon or repair of the Prope!1y
<br />,)f to the 5um~ secured hv thl\ Deed of Tm~L
<br />Unless Lender anti Borrower \}fnt:rWISC 4gree m \\'(jtmg, ,HI)' ~uch dppiical.lon 'Jl pruceeds to pnnc!pai shaH not t'.\te-nd
<br />or fX'SlJX}ne the dut' date i}f the monthiy ifistailrneHts ! denco !o..) in paragraph!. j and 2 hereof Of change the amount nf
<br />\ut:h iflMaHmen1~, H umier P<<fa2nwh S he-reo! the Proncrt~. 1\ aCi.mln~.:i hy ! t?!1-.j~f, ,!!! !i~h!, ~!!!e ~!~d ~!'~~~;e5! <;)f !!(!rr~'I!'i:::f
<br />H1 and to an)' In~mi"n('e pohcit"s and m "nu 10 ~ht~ Pf\}'';'CCOS rhen:-nl'rc::..ui!lng irom JamJ.ge' to the Property prior to (he ~alc
<br />Of aC\.lUlslth,Hl ')haH p.ts') to Lc-nJcl' hJ !he ('Xfew ~li (he ~um~ :-.e-!.:ureo h\- lhl:-' Deec ,\~ Tru!ll Immediately prIor In ~uch sale or
<br />aC4UtSttmu,
<br />6. Pf'eser".don ~lftd Maial~luuK~ of Propeff)'; L-e-.IDte-boJdo/i; (-'-(utdom;nhuu$; Planned ')nil Jle\'elopmenb. H-nrrowcl
<br />...h~J! keep :he- P-n,pltrn lt1 gvod repaH ,HlU ""aU n"lt ":~l!l\nhi '<\d-~lc \H \~t'nfln nnp;HfHlI.:ni ,;~ dl'h'!hHiHIOfl or the Property
<br />,!OJ shaH v,rrnp-!j wtth the pn.r\'lSJUrb \..It any ;e3~e d' ttw~ Deeti 1..[ r ru).! i" nn ;l k..l)dwIJ. If thb Deed of Tru:-.t !~ 011 ~-\; UOlt in a
<br />...;ondom!l1n.uu ,H a piann\.->d UlHt development. Born..lwer ~tu!U pedorm J!! !)t !,h1ffOW-ec''l dh!igatltm_'s. under the Jcclanwoll
<br />,)f t,;.(we':la.ms crea[ing i..'[ g'J\'CTmng_ lht:: ~'ooJommmm (if pianneti HOil Jevdopmem, th~ by.la~~ ami reguhHlOlli nl rhe
<br />..;ondu-n:umum Of planned UHH de\'eiOp--fHcnL ..:nti \.:"mst/[ucnt dl)oCumenh Ii il ;..'onJormnmm Of planneJ unH (kvdopm~ll!
<br />rIder IS- t:xet,:~tHl"d hy 1k~fhJWCr <-HH~ rc~...~i\jt'd h,gelher wHh n-1l'~ De-eJ i,t 1 ru~t. the ":\.''''eliiJlit~ C1nJ ct.i;UI;t:fllClIh of '~lll.:h ndc!
<br />:i.haH be incorporated Jnto dnd shall ,~!HcnJ. ,tilJ :'t-uppiemcHl the '-.',l"'-cn.jn~~ .,(rid ,.,gll.'Cflll:Hi'l. pi (hl~ De-t:jJ ~,! rn!:-~ .1:\ !! the- ride!
<br />were :1 pan nere'l.'(
<br />7. Prot~elion vi' Leade,...s Securit)'. It BOTfi.lWltf ttllh ;,) pe:l"tonH [he '_\.}\I;H'lnL~ .Hld ~lgrtt:mt:fH" l.ulttalncJ In ,hl"i
<br />[)eed of Trust, ll.! if any ;iCllOn ~\J rr-l)(.',C~-!"jmg f" d.)mme:1Ccti u-hidi n'lalerlt1Jiy ',ulcus Lender\ in!en;~t itl lht' Prop<"!I\
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<br />f'~_a~Hlblc :;,)l~QJ;reY's "f~ ~II-d _~ntr'Y, ~}::-"Q.n> Ihe f:tr~'~H.Y in O1;.i~,C ft::P<.itl.:'" , it Lt~r;Jer ;~4UHt:J i1lOf~ga~\;; tll_"'ur,lIkt:
<br />,-"!..mtJltu}fl. 01 m..il~_mg tn-r.. loap ~~~_t!:::~ n-~ !h!!> Dee'-..! of I rU;:iC 8e:n:uwel ~,t~ai! pa~ rit..: Pil;O-.j)'ufih re-\.!Uilt'y (" _i'1~1.Pj',;:';1 )"'t-_h
<br />Hl\Unm;;:< il) df'c(:t I:nt!l st<<.:h ihne a.~ rhe requircfuem for Slh..~h il1SUI';Wl.(: kj'inH'hHC". HI ,_I\.'\-~('.fJ<tll~t; \.\.'Ifh BMnty".er'" ,diU
<br />Lender's won_en agreement t}; :ip-p4k:1l:bie law Borrower "hall pay the .1fHi.Hli':t of :dl :n'origa!l{' lfhU!;Hl\-.'C- premiUm" ;(, ~:K
<br />il'HUUleF ptlWtOeJ. untier paragraph ? here-oJf
<br />/\11"( .amount", ;::,!j-Sbufs(,U by Lender pUl$-U<lm t.: rtll\- p:-Hagr.1ph ", wah ,!Here!.'; \herc\'tn. d'ittl ht.'<.-.\-trllt ,:dJlliP!ui
<br />'!ldtbted~ of oonower ",ec-Ut-ed by thj~ Dee-d ('It lfu~t Lnk~" HOfUn.\t:r ;llHi i t:q,ji'T ,~~ret'- in iHht'f term:>. Pit~-n,{,fl1. "Ui.!!
<br />4UW)-unh- ~ha,H be payal>!\': upon !HJht:t1" from LIi.~nJt.~ [~) f}{lJn:lwr;;r re~uc,,>!!ng pif\o1nt::Ht :h';fenl, ;\,h1 shall f}C-al ItHCfC-:-.l n~(:
<br />(tale of WI.bU:rsalWf-tl :d thit fa1e vayaWe trom tinl:l.~ 1,1 Wl1~ lln dwst.w-dwj? min!.:lp'il under 1hc ~(1h~ lJril..':$s p.a):mt.:tH \,_'!
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<br />,fifl)' ~Htm ber~und<<,
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