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19rttt?wtat Cavenrxtvss. Burrower and txndtr covenant and agree as follows:
<br />t. pyyate~ of Ardatiipatt ata6 iater~t#. Burrower shalt promptly pay when due the prwtipa! of and interest on the
<br />iradrts0.edrsess evidenced by the Note, prepayment and fart criarges as provided in the Norte, and the principal of and interes6
<br />on atiyy Ftrttu+e Advances siecxerced }ay this fltcd of Trust.
<br />a irarwi ~e'1lutaaatad°lasurttret. Su}rjett to apprlicttdate law ar to a written waiver by Lender, Borrower shat! pay
<br />to Ltaader on the day rtasrtthty imladtrnents of pr{nci;aal and interest are payable under the Note, until the ltkatc is paid in full.
<br />a satin (}sercin "Funds"} equal to one-twelfth of the yearly texts and assessments which may attain priority over this
<br />Deed of Trost, acid ground rents tan the Property, if any, plus one-twx:lfth of yearly premium instattmcnts for hazard ensurancc,
<br />plus one-twelfth of yearly premium installments for mortgagt insurance, rf any. aft as rtaama®ly estrmatcd iniLrliy and from
<br />tittle to fitut },y Lender an the basoa. of assessments and Gilts and reasonable estimates thereof.
<br />'1'lst Fonds shads tae herd in an itsstiiutiun the deposits ar accounts of which arc insured or guaranteed by a Federal ur
<br />state agency {inzlrtding Lender if Lender is such an institotiun}, tender shalN apply the Funds to pay said taxes. assessments.
<br />irutitance premitartis and ground rents. Lender may net charge for sn holding and applying the Funds, amiyrrng card account
<br />ar vr:rifying and comps}ing said assessments sod hilts, ttnlexs t..tnder pays Borrower interest on the Ftrnxts and apphcablc lain
<br />ppetrttrtt''~its }_mder to make such a dsatge. Borrower and (..ender may agree in wet€ing et the tune of execuuan of this
<br />Dcect of Trust. tha6 interest tan the Funds shall ter paid to Burmwrr, and uniesc such agrctment is made or apphcabte law
<br />requires sxtch inicrest to be paid, tender shad not be reyutred to pay Borrower any rntcrtst or earnings on the Funds. Isndcr
<br />she}I give to Bormwtr, without charge, an annual. accounting of the rands showing .relies and cietrits to tf+e Funds :and the
<br />purpme for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured
<br />fiy this L7ccd of Trust.
<br />tf tree amount. of ihs Funds held by Lender. together with the futrr re monthly installments of Funds pay:thlc pnor to
<br />the due dates of taxes, assessaraents, insurance premiums and ground rents, .halo exceed the amount reyuued to pa}~ said taxes,
<br />aaxtssmenu, ituutance premiums and ground reins as ohcy 'all dot, such tact,s shsdt he, at Borrower's option, either
<br />promptly repaid ro Bonnwer or zred{test to Borrower can montbty instal#ments of Funds. 6f the ammrnt of the Funds
<br />held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due.
<br />Borrower shag pay to Lender any amount necessary to make up the deficiency within i6 days from the date notice is mailed
<br />by i_ctaler to Bortosver requesting pavtnent thereof.
<br />lSpon payment in foil of aft sums secured by thrs Deed of Tntst, !.coda shat! promptly refund to Harrower any Funds
<br />held by Lender. :f ttndtr paragnF{a 78 herrof the Property +s sn#d nr the Property +s othtrwtsc azyuircd by tender. Lender
<br />sitald app}y, no later than tmmedaatety pour to the sale of the Properly or its acquistuan by Lendcr.:my Funds held h}'
<br />Lender at the time of application as a credit against the sums secured by this Dted of Trust.
<br />3. Ap~ldealba of Payteeats. (Jniess appheabie law provides ceiherwise, aft payments rectrved by !.ender under the
<br />Notcand paragraphs l alai 2 hueaf shaft tit applied by tender first rn payment of amounts payahfe to I.cnder by Borrower
<br />under paragraph Z hereof, tt~n iu imerest payable an Cite Note, then to the princpal of theL'ote. and then to interest and
<br />principal on any Future Advances.
<br />{, t:'.-ar~ I,dtr~. Borrower shall pay a!! taxt+, acstssmentc and ether chargr:s. fines and smposrtians attributahlt to
<br />the. i?raper*.y which may attain a nrionty over this Decd at Trust, and le.•uchald payments ur ground rents, if any, in the
<br />mttxara provided utsdtr paragraph [hereof or, it not paid in such rrtanner, by Barro~cr ^akr ;g 4.ay. tie:. rhea d•:e, •_±irec!dy
<br />to the payee thereof. Borrower shalt promptly furnish to tender all notrtes of amounts dot under this paragraph, and in the
<br />coati Borrower shall make payment directly, Borrower sha{I promptly turnrsh to t"tndtr rtcttpts evsdcnr+ng such payments.
<br />Borrower shall promptly discharge any lien which has pnarity over this Deed of TnrsC provided, that f}o:rowcr shah not he
<br />required to discharge any such lien so lung as Borrower Shall a;;.*et +n writing to the payment .rf the obhg'nue',n stc~ured by
<br />sorb lien in a meaner acteptabte to !..ender, .at Shari in good faun contest such iron by, :,r defend entnrxxment of such lien in.
<br />legal pprceeedings which opamte to prevem the enforctmem of the iten ar farfciuirc of the Property or an}~ part therwf.
<br />S. liiaard liisnsraare. Borrower shad keep the impravemerts new e.xrsung or hereafter erected on the Property ensured
<br />against lass by fire, hazards included within riot term "txtcncitd coverage". and <ucfi other haranis as d.cnder may regtrirc
<br />and in such amounts attd for such petrels as !.ender may rtuurre.; provrded, that i,tnder ~hal# nut requuc that the amount of
<br />such coverage exceed that amouaf pf c=ovttabe recurred u~ pav the sums srxurtd hp thrs Decd of '} nrsi.
<br />The insurance carrier providing the insurance vha11 kat cho+en t,y 43arrowcr subiect to approval by (.ruler: provrdcd.
<br />that sttc3t approval shall not he unreasunahly wtrhhtld All premiwns on insuranrc policies shall !tc paid in the manner
<br />provided tender paragraph 2 hereof or, tf' nos paid u? such manner, by Harrower making payment, when due. directly to the
<br />iOHtrantS CaRief_
<br />,Ali insurance poircw.and renewals ihcrevt shelf bt rn form acctptah?t to 9_ender and chaii include a standard mortgagt
<br />clause in favor of and in form acceptable to I._endcr. t.tndtr hsfi have the right to hold the policies and renewals thereof.
<br />arse $orrower sew}t promptly furnish ro l.~nder ai[ renewal rtottces :ind alt recttpts of {,std premiums. in the event of loss.
<br />Borrower siea#i give prtrmpt ,notice to the rnsuranc~e earner and dander. Lcruier may make proof of lass rf oat made promptly
<br />by Barrnwer.
<br />LSnkss Lender and Borrower c*sherwese agree sr. `mnung, insurance proceeds hail Fie applied to restoration ur repast of
<br />the Property damaged, pruv{dex# sxa:h restaratton or repair es cc.~nomrs:taly feasihte .utr{ the s€.curuy of this Detd of 'drust s
<br />not lttereta}• imparted. if swift restorauun or repair ss not ucorornizaliy (easrbie c?r ~f the sez+;rrty e,f this Decd c,f l rust would
<br />be impaired: the insurarrua proceeds shall 6t applied to the sums secured by this Decd of "C nest. wnh the execs, rf nny, paid
<br />to Borrower. Tt the Prtvper[g• is ataandataed by Borrower, or :i Borr ~~..er f:i+~ ac: respond to i..enefer within 3n days trom the
<br />data nW:et as mailed by i.enatr to Harrower that the ,rtsuranec carrier ,•acr, [a settle :t clean tar iasruanze fecaefils. Lender
<br />is ataftxari2etd to collect and apply the insurance pnazeeds at t,tnder's option tnhas is restoration ur repair of the Property
<br />ar to the stutxs secured key rhts Deed of '}-rust.
<br />Uat#ess [..ender and Borrower otherwise agree in wvrung, any sash appitcanott of prcxceds to pnncipaf shah oat extend
<br />or [poise the due daft of the nxtnthiy inataiimtnts referreei to .a paragraphs 1 -sod '_ hereof ar change the amouna of
<br />such rtntaiiments, if ~rndcr paragraph l8 hertt,t the Proptny is :ice;arced by trndet, ail r+ght. uric and rnttrest of Borrower
<br />:n and to any insurranct poditiies acrd in and rn the Rn~teds thtrcot reauhmg ftona damage to the Property pnor to tor; sic
<br />ur acquisition sired! pass to E_ecsder to the extent of iht sums seruxed by this C7tcd of Crust it»medsattty pr~ar to such cafe or
<br />acquisition.
<br />+C PretsrvM3ow. :and :Hrdsuettaecc of Property:; LeasehoMs; Condominiums: Ylanexd Unit })eve#upmems. dtarrowet.
<br />short keep the Property an g,x,d report ;rnd shall oat ,;r~mnast sv n,tc cis pl•rm.t rrnpa{t-ntcnt s+r letcrinratirsn nl ifze Property
<br />and shall comply caith the provtsforrs of any lease if t6rs }Teed of ~1-rust rs on a icasehoid. if this fJtct4 ai Trust r. nn :x unit in a
<br />zottdorariniuns or a p#anned unit deve'wpntent, Barrc:ttrer shall ptrlorm ail of Borrower's ahligauons under the 6ez#auuton
<br />or covenants creating ar g€avttning the ~ndummtum tar planned un,t devefaptntnt, the by-laws and regufauans of the.
<br />condominium or p?anrmd unit devttcsprttcnt., acrd canstcerxnt doe:urrttrus. tt a znndom:tnium or planned c,nrt devcinpnaene
<br />coder is executed by Borrower and recorded together with efts f3etd of ~i-rust, rht cavc~nants and ugrcemtuts ni such ruie+'
<br />stra#l be. it~orporated into and shalt amend and suppdtrtaent the aavtnama and agreements of ahrs Deed of l"rust ,s if the rider
<br />were a part }tercel.
<br />7. dtetsKCtis, n% Leader"s Seetatty. if Borrower tasks to perform [ht covenants anti agreement, contained ;n this
<br />Dried of Trttst, nr if any action of proeeed[ng ss commenced which mater{a#ly a#€tw'ts d,tndtr's rntertst in the Property.
<br />ittelttdirg, 6uY nnf limited to. arnincnt domain, insafttrtzp, cede tnfeuctment, or arran€;ements ox proceed"tugs :nveix'+ng .~
<br />ivar'u!n -- uu~`u- css--~,e Lam,--•;lcr of i.c:..r~a.r~~ ojRian, t,r'~^. „c..,e::(• i?c•r•a. _ nay .t4_ ,.u~.h afipra r:+nt c+, tf i.,h+,rsc ,o~lr
<br />stsms anti rake such action ai 4s necessary to prcxtttt Lender's itatert~st, :nciudmg. Y:m not 3,mirtd tea" ahsburanrent e,:
<br />reaaiana63e aatur rcry'. fcrz and entry upon the Property to =na3.r. rcduirs. tf t.extdcr rcc}nired rr:urtgage srraurz n€c tie ~~
<br />conaiitisn txf m.ait,ng the Ixy,n secured b}• this dlee[i of Trust, Bcsrrowtr sFraH pay tfac premiums required to sxxa:i ntasr tiuch
<br />iatar~,ta+Ge «r, titui trrt•ri such titrae as riot requirement leer such insurance ttrmiuatts ire acc~ardttnse with Burrowtr'n and
<br />$,xzta9er's ~~ritten .igr~meati or appifacatxk #aw. Borrower shah pay the „,rnatent ref coif »origaage nxtrr.,r.~-e pr~t,Tlurrh iu the
<br />manner , ro.+r;tu .trrsscr paiSgsa¢?t ~ erector.
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<br />Ang' rauxns:+. cf,sLurzrei by Leradar pursuant to dais paragraph ?, wd}t ::rter^tM;t the=scan .... '^t.~omc ndd:uc>rsel
<br />ittzlctsfriltu_ss .,r itcrrr,,w., '.crated tav t#xis Beat of Treat I.;niess Borrower axsd tentdcr ;sgrtt to at ~.;,~.,s of {a;t}'rncrst., ,urh
<br />mrr,z,:xnta x"traii tpe {~..}'a7ie :,pun t,€=tree from 4crrtPtr to Borrxrwcr rryttcnung, payvant zhereef, and .eels is.~,~~. mricts~t ".to=u tsar
<br />aiaty of t~k~rse.=tr?:rrt .ri rfiee rrtt aayaEare frcnn t.}tne to ritrte on :utastaseding prirrtipai tinder t#ta: tka?rc ta'ettss payment o{ instrtsr
<br />a# xaxc?t cast +n...'.>< t, r. .~;m4rarq iu appli~bie law, in whrcfi evrnr ?err-:.~fa amounts sSta#{ Fear ~siserrtir at the h:ghcst rate
<br />prztnaaepihbtr ats,fer ap5>n' ,tic a~:~ ~:otirag evnLaintd sn rfkss paragraph ? shat! rtyuia L~rc3er in inztrr art _, cxpasese rir talc
<br />'~T ac;>Ga: '~r~eesz.;er.
<br />li,. ltayecaYai+, r :.4,drs tua3~ rr,:ei; .-, , ,r~cc ti, br. ma..~ ressxr,nabit react ..eq<-m :,sd tn~:nccttnn~s nt that Pr , ,::odscS
<br />ihas d_err<;er yhr;;. a",.tar-Fit_erruwtx rv , :~ i,,.or !«~ any auc:dt tnxtntztus,n sptx:rfy; g rr-r.,-<<r,4,fe c'ntasc hr.rd',,- rt r ,,ter
<br />iratarcxrr =%a sire irrr3ox~ty.
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