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____ <br />LJtvi~•oatsi Covm_rtwNrs. Borrower and fxrtder covenant and agree as follows: <br />i. Prq~meot of Yrincipssi amL itterest. J3arrower shall promptly pay when due the principal of and interest nn the <br />irrdebteafraecsevidencedbytheNore, prepaymenx and late charges as provided in the Note, and the principal of and inierese <br />onany F'uturcAdvancessxuredbyihis.Deed of Trust. <br />2. ]?ands foe Tuea rtwl tesar~tea. Subject to applicable Iaw or io a written waiver lay Lender, l3otrower shalt pay <br />to %xxrder art the day inonihly irtstallmeats of principal and interest am payable under the Note, until the Note is paid in full, <br />a sum{herein^."Fonds"') egtaa6ro one-twelfth of tfie y'earty taxes ^nd assessments which may attain priority over this <br />L3asi of Tnrst, and ground rents on [he Properly, if any, pins nne-twelfth of }early premium installments for hazard insurance. <br />plus oste-twelfth of yearly prctztiurn installrnents far mortgage insurance, if any, a!t as reasonable esurnaied iniualiy and from <br />tame to lime by Lender on the basis of assessments and bills null reasonable estimates !hereof. <br />'Llic Ftmds shalt be held in an itxtiiutlon She deposits or accounts of which are inswcd or guaranteed by a Federal ar <br />staIIe-agrncy {inctuding Lr..nder if Lender is sucta an institution). I-ender shall apply the Farads ter pay said razes. assessments. <br />insurance premiums and ground imis. 4xad£r may not rharge for sa haldmg and app}ying the Funds, anatyztng said account <br />or aerifying and cnmpiting said assessrrtmts and fiitls, unless L..endcr pays Borrower mtcrest on the Funds and appiicabie law <br />permits Lender to make such a charge. Borrawer >nd Lender may agree in writing ai the time of ezecutian of this <br />L)atd of Frusi that lnf£r£yi nn the Fends staall he peed in 8orrawer, and unless ouch agreement is made or appiicabie taw <br />requires such interest to be paid, l-ender shall not Lrc required #o pay Borrower an;~ rm£resi ar earnings an the. Funds. i.cnder <br />shall give to t3arrnwer. witlmui charge, an anntsa{ aecnunung of tiro Funds shawrng credits and debits to the Funds and the <br />~tparc for which ey~tr debit to the Pramis was rnade. The Funds are pledged as additional security for the sums secured <br />lay chic Died of Trust. <br />Lf the amount of rise Funds held by Lender, tc+gcther xith lire future manih9s rnstallmcnts of Funds pat at+le prier in <br />the disc dates nt taxcx, assesaments, rnsnramx premium-:and gmwrd irnts, shall ezc£ed the amount r£qurred m pay said razes. <br />asp menu. i.^rwran£e premiums arnl sraund rents as th£•. #ait disc. sxrcfi ezerc~ shall he, at Sorrawrrs aprian, either <br />promptly repaid to Borxvwer of £reditrd ;~. Aarraw£r on monshly instatlmsr+ts „€ Fr;nds_ if the amannt of the Fundc <br />held by Lender shall prat ere sut3i:^.ient sa pay saxes, asses mortis, amurance premiums and eraund rents us they tali due. <br />l3oruowrr shall pay to Ltndtr any arnotrrrt necessary to make azp the deficrmcs 4sathin Yt) days from the date nntice is mailed <br />by Lender to Borrower regttadng paymera thereof. <br />Upon paymrnt in full sat all sums secured hr zhss Lk cd ai `} toss l.£nder .1na=A pvomp:iy round ra 8orraw`cr any L=unslc <br />held by Lenckr if under ;raragr;+ylt l8 }ser£af she Property ,x srvid or •rrr Prr±persy s atherss s£ aeyuired by lender. 1 ender <br />shall apply, no later than immedmiely prtor ua ttre .aJe me € pcstg <tn ,q:,r. t,asr 'rg l.cnder. soy Fends held hr <br />laaaler of the time of app}~ ay a Credit ag~nst r^-c - r^ .et:u red hr at7rs Ch+ed . a !rust. <br />3. ,1~ frf Prgeeatas l7nless ~appheeni£ -, ~:.;ics °rErrrti. r --1 ~:~.mrr?•s rticerved br !-ender under rh£ <br />Mote and paaaRraphx 8 and 2 Lxer£ot staal3 ~: appsa£d h l n_~,:'c, ~., Ss pay~n °at •., .n• . ^r. payahlr ice lender by Borrnw£r <br />uadhtrpuagtapir 2 heron!, ttxn ro aateTCSt payaL+k em tyre t..sr Shen '.y, the a-r.nr-r.r~ ~~ tt+e za,•sc_ and then to ina£rcsr and <br />ptyrrtrpai o» am t~;surc •Advattxrs_ <br />+i. Cam; f ie~eMt. Bt+rrcrwer .bait pay ail r,rses. sc~.•auests, and :ahr ,hur,c.. lints -noel :t*at+asuians xnrrbutahlc to <br />rho pmeerr+v whtda may n;sa:n s preorrty over rh,~ t,r_d ; ' l nsk#. and ieas~hald paymcnis x•r gnnrtrd rents, if any, in the <br />matrYfer ;:ro•~cd under ~aagra;,h:.'-.erc+*! . ; ~! .,.>i p , .... ^.:nantwr, *y Bas r:,.wrr makrng payment when due. direct3y <br />to tint ^-avrc :,s,,;rcrd &;•n,,.r: 'unit QapmaUv f ~~ :,-.•4 I ,c;er .I1 tustaa_'rx ,v erncr.-ms dos' sender th,s rsarngrsph, and in the <br />ev~tt &zrrewcr ,:rain mats pay n+.,a: tuna U~r tia.a rswrr .^,.~ i.armj , r~ '. •naah =~• i <••,d£r n: ¢t;apts evadcncrng sucSa payments. <br />1l+3erc~~+rer •rar: ;, rnm~tlr dasch.rr;;a arty stir r~¢h '-as ~ ~~ rrr. :-r thy. ;reel ,. ,+.!: prarr-adec!. abet liorraw er shah nni Fro <br />rrayu::cd ':, ,ire is area arts satA icn erg h ~uc , °.rc .. crc ,~ ib- t ~•-rent ~t the vhl+gutaon rooted by <br />flirt}r _ro`n ,n i r~anncr atcep#ihig:„ 1 c. ~dcr, ~ ~ ~•i ~, ~, aJ ,. .. a t. <br />- ,4 ena ftr#nn£m£nt of SYiA:II !?eI1 An, <br />lCgti nacectir_rs ar„cf+ tsy~ynte : rr ra r .,-rnr• v .. ! uc i Pr~.r-.crty c,r :rm pars shereof. <br />liauorl9nsuraye+e dfc.o.: .,,~allla-p c~r~,,,+.rvsni „x_,~. ~~,~7rr,.,llc c, r.tcxtt~nsh£Ihsleertyinsured <br />a~,3tYtst i.eS ley !rf r. 'idlaldt t',C1U($Gl! >• I'.lRtr 17+t inert ~ >tC ndc~1 rag[ ~ .. 'll" t.,lan7s .+1 id:ndef may ICgilrsC <br />bl'kC~ to pe,in aft4 !; rtls .ar>il lot s~.rch : erexl4 .i, i ":.rrr n„es •r'q oar ,;rd. ~[ i cn J[. c,i~ nut iegnra'£ that Iir£ alsrnnnt rd <br />+s £ts,.er't~ rctrcu ,F,as arrrc,u nt .s ~ r-0ir ~rv :. r,: ci !„ 1• n '-r ~. ,. .::eel r•~~. ~... ~. 1?:rxl os 'f rrxxt <br />"T1rr msearani c csrrc a:rt•1•d~r,q r~r r ,r, e ^•ai1 +r , _:.~er v is;v+ wa•r ,..r.:r.; ~ , ,plxa+aS t`k ~1,.-n#}£r, pro»d£d. <br />iilil' 3titla apprnvxl shall !re rarrss,uix r,ds wishhe Fs3 elk p;r. uar,a n ,,,.~. a,~n vita >hali ere ,lraad +n 1be manner <br />ptgwYdi6st uaticr t^aragta~ ,_ here.! ~.,_ ~+ot pa:J ~^ +urn manna %~. ~+~~-r,t r i.~»u ;•.vme,u, when due., drr~ly us dre <br />stasWfratree earner. <br />Ast ,n+uranc£ ;a,iicrc, :m:1 n,-rh^- ~ ,.., ,:,;at ..~ ~. ~ .~, _ „ar{~s~ . _. :il n.a~ +nctraie .~ standard nrmtgag,£ <br />. ;awse e. favr, at arr.! r ?:-rm ~.:, ;-.a.!c r,aaz* ! r..,Jr ,_ 4 . ~ ~t.'h,. - , ~. .., nand r£n£w ale rhrrrsif. <br />wtna! BOrr.^v.•c•s .hula lnom(*srr i.atnun ~ , i cn 1 r .~~! renc ~,:!„r ,iil~~~.c:?~~. •,1 ~ In i.he event cat ios,. <br />rr,a, i <br />Borrow cr ,ha,i F.e re prour:fx4 nrxxe . , nscre n.. r.. _r. r~ _,.,.. , c vt = rr,. :: , ,,, ma ., .. ,~•a xr!.,de Lar,~urptiy <br />b?' Il~rrs4w£r. <br />8:,4lee.l..cndcr ants Lt.+mwr era re ~ ~. ;, .., ,a .1 ~,",;i ;~.rurs -r pmt r*f <br />the Propcrrs ..rt+~aRa'd. ,~dcd , ..,., , . :ry., .. ... ,, , , _ .. alt <br />riDC tlMlrr?", ~rngtm,; n7 ,..: rnr ratc,n.. -pa:, ..• r ~ -. n ~ ~ .,:•r - ,.er,f 1. ~ k ird <br />,.. '~ , ~ ~ ,. _.<~ it <br />lee rrt~a, a~ud, h• ,nun:; ;c :r+tYr>1t •na:i he +A{'=. _, !3, :,rn.,~, . ,.f t•r ~ ~ - ~ ! . - „1 <br />;:. <br />t~ Lrannn~cr 'rf hr i'a.t»e a nAxnUa!~rt'd R. rFnr~owcr. .~. {)•:. wz,- I ~. r .,, !h:,; l 7 Sa•. ;.,+m ;hc <br />ditl^ nsx,CS ,~, tnedecf Sn u!Oer !q Borrowu •ar ~^r "w.xncr - ,c 1. ~•, ,.;r.~r ., r ~ r i.rr„-. ~ ,: D.i I r~+,hrr <br />~ xr. c .. <br />~4 nut he?r iJ:ht t ;,~+iR.1 ..nd app7Y -. r, Y.,yG: dcxe ;•.,>, ccu~ _r '.c~[!er e . pnn^ c.i nc; ~.. ,,,..: ,~- ,. <cpn i ,, q~K. ••. <br />.., r ~: r„ vin :j ... ?1.;..t . 1 n:~a <br />r{Cfy a radr# net B,nrrewEr ,;nerw:ae ., gree .. ,ro ,.., _ -. ._,..,. •i r>vrnu, ~.. ;-;,a :,I ..:rxte~4d <br />+ry 0.csa, Haw; ~ar aus rate „1 ~hc ~..n:h* rt '~rnca-:, rasa^r,i~. s E,. .. n., ire rn ~: r..a n t>t i „sot ••t <br />~,.. <br />rw-t. iaa:uilaYC ors if usrJer ;x~saxra~ Act=.~' '. 1'r 1`rOja;t.. , .. r: ~r.i ~ ....,.r:... ,.. '..t. . w ~__._-s ,.~. ~&,rr-~Wrr <br />.e arw '., an' ~.+u,~a.c rr„I,,.~£s n,u ..:'SG L ,nc ra c+c L'CEi~ n~rrrr,. _~ - ,~q ca n,eA;. i : rr •t:e~[, 'sr ,~r !:.. ;err ,~ <br />tat ~iu}~HU,::.vr ,t .1 ; sn .• i .tenor : :°.t «:ent .,. r~.'stllirx ~>G.Fareq ~v '1-., hc.! c~; 1 i uiw arc,., - .: #,% s~.n .e ~a or <br />;vcajaras~tarn ` <br />6, Prswr•ariaa and `fatistrnarre of Property,. Lcasefeoids: f"uadamiaiums: L'tanr.d inn [le•eltrpryara9y. fins'+•~~+er <br />~'' +:, , ,i , r na i nrr - t xr ..: n c . :! a=o+e t#tc prsrty <br />:rn(1 she-r axrrpes w ~,• I!nC , : , ~s:,~ .- , - ;n. ;. ~se ~ ;I~,r4L?E;rt ~ •i~ ... .. , teo~d. I' rn,r !Tern , Tr,e,r es inn a unn an a <br />::an ;ru4ienur piannca J, a t da < ! ^nen: f#nr; ower situ' ,~r, ~ :.; br:rrower r :~a:,.,r4 un.[cr ttre 6£cdarasuran <br />or [ccrransc rr.•r.r,~ ; r p:. vt.a .,g ,ho :e~nsl-,pJr nnim a r pa:,,,e., dare#c+Lnrareri, }>t y iaw8 null rcKUlatiarts r..f the <br />.:ore+h avmrm r~'..n!7¢J n ? ,k rpmern. ,~ °•axi True ~ as - ~ a ecavrttnrrui +uru +sr irfanned amt dc:uetnprrsarst <br />... <br />+ailtl c rse,u.eJ s }y,n Pa :o n. _.oaa3cw tugcsAxr «,.rsh t;rrs t)r . ;,,yr. ,hc covcnaetsa, ,xnd agrcerrentb <~f +uch r;der <br />,,,, <br />shat `4 . -, ~ a ~ .. ..,~, x~:d %ha., amer~td a,^rd sUprmnn the cc,. , .a .:~,:i agre£ments tit than i)ceu na '!"rsses as ~i s}re radar <br />mete a 9?ars txrc ~! <br />?. i'ewect6orA tat Leaeicr"s Sesarity. 1i Borrow=er lasts t:r iti•r:,-.ran ~°e cavcnarars anil e recmrms r,. <br />n.aurs:d in thi4 <br />of ?r,xs :' ~ ~,. rrox~ ,.,r pr+*s~tdang is cnimrxe~nerd ..b t- =. a:cr a ip atTec[a L,ca'nieT'x rnier~t i t she PropCriy. <br />ixrCSiyJ curt. 'mt r a !: m,tpd ta, erzaintast danrarn, :nscl#vesx;x. axle £r rr.,£ernent, or arrangcnr£nis as prtxcrr:. ~ •, vuivrng :~ <br />trtnkrup# ..4: dtr:ndrn! : Ywn .L„errder at Latardtt"s opyuut, upon entree ~~~ 8otrowcr, may make saxch aplXara m.c. it„cr. sorb <br />yam ,:ri tree, ash .,, r -,« ;rs rs necessary to,{+ra2cwt L.easae:. n,rrest, ires;tu,#rng #ut na;t lirsutetl sa •i t -~,:nt ra <br />tt u n hie a rr ,~' 'cc :~ad miry upran *he P`roperty tc male pasts if l.etrelel eyu.r£d rsttag~ . n,x -,v <br />ccrn,4stroa o! .ah urq ,rte i an soicured i±y thin LJeed ttf Trust- ifiof w r s;xaii pay the p.er Hums es;3s ,~..1 1• ,. nrao-n each <br />rnsura^;£ vr. ct3ac~ asr.l s!a+h tm ze ~ the ra;yyirexreer+m -, r -a.-!ee ierttrirrates rn :ucotdaru£ wi4h ft rower's and <br />'.cncses _s yrts e» agreerent :.a appiaCabke law. 'Batrrurvt a~i' pa'} :e aerwurst x~f as +szripuye snsuranc£ grs~~mums ter she <br />saaanncr l+rrwt re< r;ndcr r-rsgr.ph 2 hettarf. <br />A :y' :tmaursrr -rut urstC toy . rr~r l±t#lsuaart m<a rhrt parag aph 7, w th an; ores ncr w34i ~sas. +me ddita ,oat <br />r. <br />,ndeh c eu'!,s 13 -...- c .artxi by ors L5L^eul of Trust (nifi,• B rs wtr anu ! a.nder rya a :!' or r.-rtnx a parxtrent, .rtcir <br />ear r, .ha. ~ r s arc ,;r: a -'z Lerxiea to LSnrra,+. ~ e tr. ~ r :..a r»d nfiaFl fr+°ar irrt£rcca tt.'+r rx 'he <br />dame c.# asirc•,?rcrsrc ., sr rte . v,e p,,, attic h~ tinge ao time Ern r ur:-. ,r hr,nstt.ac unrfr r • .• 'r t.nsess paym<ot c+{ iaatr.:^ess <br />8t t ra rate ,6 s s~ rT -T'Pa"-able 1#w, sn whati tr eve h s may.: -.~ #rrl`i.F st 1#re h~thc^.! -talc <br />~nr orsx=tic xi } ,a :c ,.a4s ,•..angcctzttained sr, thn ~aaag ~.n -- .. ,-..near an3• c,xpersc yr tyke <br />.+a:y ,c:tean4 'r:,rzr:rtsc," <br />4 tmnpe<eara tnbi n ~. ca;,rse to t+e angeSe rca~xn d e a^..: f!re Pry ps t7 ,..,.7rs.i <br />rx <br />th i 'er c, _ +x a.: x ., . ,,~ eta arty ain:h .x*^wpee. tee, ,.s.n, , a_inri ~... i rretet <br />>n'r Vie: i., '.l.G C :?Ex'tYY: r <br />