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<br />~~=~ i3 ~t 099
<br />UNrrattaa Coverr,strrs. Borrower seed Lender rnvenant and agree as follaws:
<br />ll. il'a~t of Pricef~trl aced ltstareat. Horrower shall pmmptly pay when due the princkpa! of and interest. an stet
<br />iidebtedtress evdertted by the Note, prenaytrxttE and date charges as provided in the Note, and the principal of and interest
<br />oft an k^utttse Advancer secured by this Eased of Trust.
<br />L Fstls ttarT'atmatttttai Ir.arience: ~ahject to applicable law or to a written waiver by Leader; Borrower skald pay
<br />to i.ender on the day rnanihly instalktatents o€ principal and interest arc payable tender :hc Noke, until the Nate ks paid an fuB,
<br />a sum (herein "Furth") squat to one-twtkfth of the yearly taxes and assessments which may attain priority over this
<br />Owed. ofTrusl, and ground rents on the Property, if any, plus one-twelfth of yearly premium installments for hazard insurance,
<br />plus ewe-twelfth of yntiy pttrixtivm ins[allmmts for mongage insuarnm, if any, all as reasonably estimated initially and from
<br />sleets to time Tay Lender on the heals of assessttxnu and bilks and reasonable estimates thcneof.
<br />Tfu: Funds shall be held in an imeitution the depoxits or accounts of which arc insured ar guaranteed by a Fcdcrat or
<br />state agetxy (iruluding l_endet if Lender is such an knstitutianl. fender sheet apply the Funds ;n pay said taxes. assessments,
<br />ittsuratrce premiums and ground rents. Leader may not charge for sa holding and applying the Funds, anadyrang seed accwnt
<br />ar verifying and compiling. said assaurtents and bills, unless Lender pays Borrower tnterest on the Fvncls and apphcabit law
<br />ppeerxniis Lender to create such a. charge. Borrower acrd Lender may agree in writing at stet Lmc of exttutian of this
<br />Oced of Truss that interest on [ht Funds shall kx paid to Borrawer, and unless satch agreement is made or app)ktab)e law
<br />requires sack intcrest_to be paid, Lender shall not be required to pay Borrower any mtetest or earnings on stet Funds. Lcndtt
<br />steak: give to Borrower, wthtwt charge, an annual accaunting of iho Funds showing credits and dcbats to the Funds and the
<br />ptrspese for whisk each debit to the Funds was secede, The Funds arc pledged as additional securky for the sums secured
<br />by this Oad of Trust.
<br />If the amouot of the Futads held tsy Isnder, togettxr with the future month} iastalfinems of Fuadz payable prior to
<br />the due Bata of taxes, assessmenu, insuranes premiums and ground rents, shat{ exceed the amount requucd to pity seed [axes.
<br />a:sessmrants, kttsunncc premiums and ground rents as they fa^ due, such excess shalt Fac, a Bctirower's o ton, either
<br />promptly repaid to Borr+nvrer or credited to Burrower on monthly installments of Fiords. If the amount of the Fundc
<br />held by Lrnekr shall not ere sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due,
<br />Borrower shall pay to under any amount nec+estary to make up the deficiency w,thin 3Q days from the date notice is mailed
<br />ts;. Leader Eo Barawu tegtratiag payment thertiof.
<br />Upon payment in fuel of all sums secured h}• stets Decd of Trvsf, {.ender shall promptly refund to Harrower any Funds
<br />held by finder. !f under paragnlth k B hereof the Property .s sold or the Properly as otherwise acquired by {.ender. I-ender
<br />shall apply, na later than immedaatcly prior to the sale of the Propery of its acquisauon by Lender. an}• Funds held by
<br />{.seeder at the Limo of appiiraaion as a credit against the sums secured by thzs Deed of Trust.
<br />3. A>~iicatloo of !"a}sewh. Unless applicable law provides otlterwtse. ati payments reccaved by [.ruder under the
<br />Note and paragraphs 1 and 2 hereof shall be applied ny {.ender fiat .n payment of amounts payabkc to Lender by Borrower
<br />under paragraph 2 txrruf, then to interest payable on the 'date, then to the principal of rite Note. and then to interest and
<br />prin~[paI on any Future Advances.
<br />4. E~aeBeq, t3eaa. 8atrewor shalt pay alt taxes. asseaments and etcher charges. fats and ~mpr+suionc ausihuriblr to
<br />sere Yropetty which stay attain a prkonty aver :ins Deed of Trust. and keasehodd payments ar ground cetera, if any, in the
<br />tnaatttt providt~ under puagnph 2 herco( or, if net paid in such manner, by Borrower making payment, whin due, directly
<br />to the payee etaemrf. Borrower shall prtwaptJy furnish tt, }.ender all ttosrces of amounts due under dais paragraph, and. in the
<br />evidit Borrower shall matte payment directly, l3arrawee steak{ promptly Purnrsh to Lender receipts evidcnang such payments.
<br />tlbrrowcrshall ptoxnpidy disthzc~c arty lien whites has pnonty over thee Lamed. of Trust; pmvadeJ. that Barrc,wcr shalt not he
<br />required 4o discharge any stteta 4rea su tong as BLar[aM'ef shalt agree in wrn..ing tc the payment of stet obit):atnan secured by
<br />such lien in a trtaoaer actepaabie to f.ttrder, ar shelf to good faoth contrast such lien hy, ar eiefend tntatccment of such Herz in.
<br />legal ppnaoxdings which opr;ra[e as prevent the entorccment of the hen ar farfeintrr c?f the Prapcrty or any part thereof.
<br />S. Nmri lrrrra~rx. Borrxatvcr sfiadlkap:hc improvements Haw tx,shng ar herrafter crrttcd on she Ptt,pcrty insured
<br />against boss by fire., hazards incittdttd within stet term "cx4tnded coverage", and such other ha'tan6s as d.cndcr may require
<br />sad in ouch atnrntnts and fur such periods as 1_cntfar may royu=rc: pravidcd, fhai Lender ;halt oat require that the amount of
<br />weh [overate exceed the[ amount of cavcrage required to pay stet sums secured t,y thzs Dted o'. 'f inst.
<br />Tire insurance canter provitiang the tnsurantx +hali hz ::haven by Harrower subsets ter appravs! kay I ender: provideJ.
<br />{teat estate apptovak >Jia11 tact lie trritrasanably wtthhtld. Adi premiums an rnsuranct paticies chat{ he paid in [lac rnanaet
<br />~arovidttf uadec pvagrapb .' hereof or, rf not peal in such manner, b5 Harrower rnakmg payment, when duz, darectky to the
<br />towrsaoe artier.
<br />All ittwranee pohs~ and renewals thettaf steak{ ht to tutor a~-cx:ptablt ua Lenclcr and sheet metals a standard mongagt
<br />clause in favor of and in form acceptahdc to {.ender- t ender shake Asve rite right sa hat<t stet paditecs and rznewals thereof.
<br />and Borrower steal) promptly firrnixh to {.ender ask rc»twal useless and aril rrcetpts .?f peal prcrtnum+. in the even of lass.
<br />Boerawet• shall give prattles rrolice to the ansursnt;e tartest and i.cridtr f.txtder [nay make praof at lot`s , I nut xttade promptly
<br />by Borrower.
<br />Un,las Lrxtrkr and. Borravaror adhcrwtsc agree in wrrttng, insutaaxe pnnY^eds shall fx appiatd era restorattrm or ropy+r n{
<br />rho property damaged, provided such resiurataan or repair n tcnnomacadty tcasifslt and the srcurtty t,t ekes l:ertJ t?f "fnut n
<br />not tlterehy impaired, if such restoration or repau is not rcunamuatky fzas+blt or ~+ [ht srtaanty of .his Decd of 'f rust would
<br />be impaired, the insurance pracccds shall be applied to the sums secured by [his Dred of ~d?scat. wash thz cuts., of any, peed
<br />l0 8otrrrwcr. if the P'raperty is abarldaned by Borruwrr, or if a'dtrawcr fadm to respond t_, Lrndcr wtthm 3t) days tram stet
<br />date noticcts rtaat7ed hp l,endor to Btxraw~+r that the msurantt carrier ntlzrs to stake a claim far msuranu litnofitt. LPnekr
<br />is.:suthoritexf to collect and. apply rho insurance pruetrds at Lender's option r:athrr to tx~aarataon tx rcpau of ihz Prapcm•
<br />or to site stems sracured by this Deed of Trarst.
<br />Unlax isnder aced $orrowor athcrwix agree ut wrtung, any such apphtauun of pratceds to principa9 ,hall nut extend
<br />or ponethe dot date of tree manthty irastalimcnts referred ua m paragraphs t and ? 4terenf ear change rite arnnunt tri
<br />such imtaBrnaxts. dt under paragraph 3 h iteroof leas Proper[} ,s a~Ku,rts.1 by i..tndtr, s}d nght, title and inrestst of Bnrnrwer
<br />in acrd to say Stuurance poiieies and in and to tbz prv,;crds ihertaf resutrmg tram damage to the Pnaptrtp punt tct die +:dt
<br />er acquisitdun shall pass to Uendcr to the citrus of the sums sz+„-acrd by ihas l7cwxi oC i rust ,mmtd(a2eky pact :u Hatch salt tar
<br />acquksitiaa.
<br />i. lraserrraNow mad Mai~teaa~ce of pevgcrty4 LeasehoWs» Cur+dutaiariurin; Plaartcd knit DeveiapracMs. Borrower
<br />chap keep the Property in gut,d ro}x+ar and shale{ new cmm~u. srrr ,~r ~crm+t ~mpaarnsem -ar ruonurau,.~n of the Property
<br />and shall tumefy with the provrsiam of any lest of this I)cect c,t Irtnt a c,Yt a (easrhold. if this faced of "^nut rs on a unit in a
<br />tondamnitun or a planned oust develapmtnt. Barrawcr attest perform all of Borrower's abligavans ,ender the dertaratian
<br />or covetants creating or gavcrmag tine ~ortdominium ar planned unn devetoprrrenC, the by-t-.tws and rcgu}atians of sett
<br />eatdatimivm or planned soli tfovodopn tent, and cansisttrent documents. t# a condominium or pkanraed amt development
<br />rider rs eatrxisterf by Borrawcr and rttosded togother wah ihs i>eed of Trust, tEtc povznanty, and agreements of such r#der
<br />sdsll bo irtcorprirated Into and shalt amend and supplement fire covenants and agrctmcnts of this Uted c•t Trust .ts tf rtes ndtr
<br />were a pats itctaeL
<br />?. lPYoaestiaar of Letader'a Secrtritp. if Bareower fails to perform the covenants anti agreements cnnCaanrd in this
<br />Y)eed of Trust,. ar if env action ar proceeding is. cornmenecd which matrrialiy af€ects l..ender's interest in the S"rn;+crty.
<br />itidtx{itxg„ taut not limited to, emrnens domain. insokvexg. salt tnfcrretrttent, or arrangtmen[s car praczrdings rnvokwrng :,
<br />ixnktupt ur derxdeat, then .[,ender at Lender's aptian, upors n<rtice tct Barrawer, may matte such appearanr+w. d;hare }tech
<br />xvt4ira and take saach aatjan av is rsrtessary to prota-t Lender's mtrresi_ itistuding. teat not temitzd in_ dishursarraem ;~.
<br />roaaonahlte nurmxv, fees and entry uptut the Praprrty to cleats mpairs. if lender n'qutred mortgage .rasarar c. n a
<br />ttrdidinon c>f makmg rise hxn secured. by this faced of Trusz, flarravrcr sdlakd pay- the premiums requaad t i maintata ,uch
<br />utritratsrr in cSatt unit steak ttnc as she rzquarement fur sash insurance terminates in accordance wish &>rrz?,vtr'n and
<br />t,gttkr's writtrra sgrcemonC or applicable taw. Barrowrs shaft pa}~ stet amount of all maregage insurancr p;emitirras ~r: stet
<br />manner cra~ridtd tittles parapaph.2 heresat.
<br />Any amounts dtstruratd try Leader pwsuant to this paragraph ?, with Interest rhortun, sbal7 Gecnmsa uddnzr?nai
<br />ittticMednus c.f Hormwer 9axuttd by this Ilt~l of Truai- t=mess Barrcrwcr art! t.cnder agrrz to seller to His of pa}meat, weh
<br />amraxtnts shall lx pryabk opera nosier: trans L,tsxter to Btrrruv.cr requesting payment tfrcrtof. acid 4halt hear ezxtcrtst treun the
<br />date of d'ut+ntreertxnt az zM rate pay aLl~ t rant tirrre to time on outstandkrag prirtcapak under the *.a>re t~arkc~s payment of interest
<br />at such rt,[c ~+at43t~, 4r crtttxsry fo apphcable law, in which zaont sash amounts shelf #yrar antrrtxt a; stet hrghtst rate
<br />pt:rmeraiW.. under app4scaltk taw. Nothr~xg ctaxttairted in this paragtaptt ? steal{ rrquirr d_endtr to artur ens txgaenst. ssr take
<br />arty ar.-tinn tuccuridn.
<br />t• l~t~tSeat. l.c.-rdsr may males ,tr ,:.ease to tze suede rtastettatato ensues upon suet rnprctt xn rti .hc Pr ,l+zr°v , i Jc.d
<br />tlw+: iz rw'er visail trx'e. Haarrower rtrtiet prtrr to any stis.~h impcctiora spctrfying reaseanahkt ca,t<c :h~a. re,t+ ~r3;+tn z,s k , r-rt...r~.
<br />iritt¢rl6t an th¢.%ronmfv.
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