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t:lxrFOane CAWENANTS. Borrower and. Lender covenara and agree as follows:
<br />1. Payriesent of Prlnaipa! aiiwf interest: Borrower shall promptly pay when due the principat of and interest on the
<br />iistGebttdttess evtdeni:td by the Note, prepayment and late charges as provided in the Nate, and the principal of and interest
<br />on any Ftnure Advances scented by this feed of Trt>_et;
<br />1 ` 2. T~s for 7'teattetr steed Iastrraict. Subject to applicable law er to a written waiver by Lender, Battvwcr shall pay
<br />to Lettdtr on the day monthly installments of principat and interest arc payable under the Note, ant}! the Nnte is paid in full,
<br />a otum°{herein "Funds°) tqua6 to Otte-twetKh of the yearly taxes and assessments which may attain priarity over th}s
<br />Oted of Trust, and ground rents on the ('roputy, if any, plus one-twelfth of yearly premium instalments for hazard insurance,
<br />perm one-twelfth of yeasty premium installments for martgape insurance, if any, a!1 as reasonably esiimaFed initia}iy and from
<br />titter tq time try Ltnrfer an the basis of assessments and bills and reasonab}e estimates thereof.
<br />The Fiends strati be ht}d in an institution the deposits or accounts of which are insured or guaranteed by a Federal or
<br />start a$trrcy {including Lender if t-ender is such an institution}. Lender sha}I app#y the Funds io pay said taxes, assessments.
<br />iasurance premiums seed ground rents. exrrder may not charge for so hokding and app}ying the Funds, analyzing said account
<br />or verifying and compiling. said assessments and bi}Is, unless Lender pays Borrower snterest an the F:mds and applicable law
<br />permits exndu to make such a charge. Harrower and i ender may agree in writing at the time of execution of this
<br />Dttd of Trust that interest on trot Funds shall tee paid to Borrower, and unless such agreement is made or applicable law
<br />reyyuirts such interest to be paid, Lender stroll not 6e required to pay Borrower any inaerest ar earnings on the Funds. Lender
<br />shade give to Borrower, withotti charge, an annual accmmting of the Funds shaving credits anti debits ro the Funds and the
<br />purprtse for whidt tech debit to the Funds was maife_ The Funds are pledged as additions} security for iht sums secured
<br />try ibis deed of Trust.
<br />ff the amount of the Funds. hefd by Lender, togetfier wish the future monthly instailmenu of Funds payable poor to
<br />the due dates of taatas, asstssrrtents, insurance premiums and ground rents, shall exceed the amount requ}red to pay said rates.
<br />assessments, insurance premiums and grouted rents as they fall due, such escen shall *r,, at 3orrerwers aptian, either
<br />pnrmptly repaid sa Borrower ar credited to Borrower an monthly instat}mtrtis of Funds. If the amatmt of the Funds
<br />feeld by Lendu shai3 not tae sufficient to pay texts, asstssmtnts, insurance premiums and grotmd rents as they fail due.
<br />Barrowu shalt pay is Lemke any amounv ncctscary to make up the de6ciensy as;thm 34 days cram the date Warier is mailed
<br />by Lemke to 8txrowu rtataxatisrg payment tleereof.
<br />Llptea paytrrmt in furl of a#: stems secured ter this t)red of Truss, 1. ender shall prompa}y refund to Bormw*er any Fernds
<br />held hl' Ixrtder. /f tmdtr paragraph 111 hereof the Ptrrpeny is cold ar rtes property is +athtrwist acquired by [.ender, Lender
<br />sMdt apply. errs later than immettiatdy prior to the salt of rtae Property ar ns acquisition by 1 ender. any Frmds held by
<br />Lettdu at the tierce of application as a credit against efts xums secured h}' ehas 12zed of Trust.
<br />3. Appiieaatiiaa of Payr~tsq. tiralrs appluable law provides nthtrw.•se. ail pa}mtnws rt::tived by t:tndtr under the
<br />Naito and paragraptrs t atxt Z tttrtot s~tta}I }ae applied 1*Y t antler fire ,n payment of amounts papa6lt to Lender by Borrower
<br />umtu paragrapttz hereof, ttacn io emtrtst payable ott the *frntt. ttrtn to the princrpal rt t3sa ;~ott, aixf when to interest and
<br />principal ern any Faxwre Advam,es.
<br />4. CLru~ss: leters. Barmwar stea}f pay alt taxer avsrssmtnta and rnhtr a barges fines and ^ntpc+titians seer}hatable to
<br />the ~ whicta may attain a printery Doer this t3atd c*t Trutt, and ltasthold payments or ground rents, if any., in the
<br />mamtxf pmveded undo paragraph ?hereof ar, if not paid in such mantrtr, by Borrervter maxin& payrtxnt. whrn due, directly
<br />to the payee thereof. Bsrrrrowtr shall promptly furnish to l trader all notices of atnounts dta under this paragraph, and in the
<br />tr+ent Borrower shalt retake paymmnt diretily, Borrower shaC7 pramptty turnastt to Lender rtetrpts esidencing such paymtms.
<br />Bartxswtr shaft promptly disclratgt arty lint which has priarity over ihrs irked of Trtrs>, provrded, chat fsarrower shall not ht
<br />rtquircd to discharge any sttth tits so }ang as Borrower shat! street in writrng ao the payment o6 the obligation secured by
<br />Basch teen }n a maattu acraeplabc ro l_treder• err stroll +n gorxf faith sanest such tarn hY, ear defend tnlorce~ereent of saich Tien in.
<br />legalya~'xx~~eo~~d~ia~t~g wlrrch crperaete is prevent the ttefarr.7emtnr ¢>( rim l,en ar farftiiurt .+f the Property or any part thteeaf.
<br />a• BLOAR~nMYra11LY. BartYtwtr steal! kCCp the amprvvemtnts rnavi+ cxwvring err lrtreafttr trttstd an she Prnaptrty insured
<br />tega,mu insx try fire. hazards. i»tftttkd within the item "exitndtd raveragc". and tuna t+ttetr hazarak as Lender may require
<br />and re ouch sirtStunrn and fns such parade as 9,.tntkr may ergo;, r, provided, tNwt l.endtr .halt oat rcxpuare chat the amount of
<br />sttcde tcvttsjt ex,.rcd that amattn[ oP coverage rtgrafrtd to Zia!, rfit Sams sciuttd h} rhos prtd at 7 rust.
<br />The itaruran:e ~:,,rser providirig floe insurance s#sa41 lit ch„•~n TMv Harrower s.,+trjtcr tt+ ap#rrcava h}' t ender: pnavaded.
<br />this! aaatdt~tsl that} mx bt vnrrxrscrnatsly withheld. Ail premiumn oa inauranct palrtats sf:a,'t tsc paid in the manner
<br />pros•irkxl paragraph ? t~rarf or, if not pouf in Searle manner, by fSirrrawtr rnaktag Im}^areetn,, when dare, d}res:tly to tht
<br />tpisatm~ce tirratw.
<br />All irasetratrtt poiiritn atxd rcncwa!s tbrrexrt.hail he rn tarr^n acceptabtr .. i treater a°rd sNr.a: , ~ i,~dt a standard mortgage
<br />clause in taunt of and is tarot aurpiatik sn Lrnrfer. l,ttadtr shade bout +hc ~,Ktit .n i~fid the. t' , ,~~r, ,,nd rerttwats thereof.
<br />and'' Borraxer stroll ptiompity fnrtrrnh ,n f.rnder all renewal oraticts and .~;i ;t~c~p,•. ,,; paisi pnrniurn~ to the event of lrns,
<br />Borrawrs sieaN g~ort ptt?srrpt notiar +., if>r ~murantt carrier anal t.tnrkr. t r,a~+cr rn.., n~akt pr ,~.i u' :,,+. if neat made promptly
<br />by ilarruwtr.
<br />Uniexs Lrorier and 9k„rr,..cr ,:rerrv,e,c agree ~n s.r ri ,g, a*rsu soar pn><cca3 *.a~; r. ,i~.y>~.rd tea rosearaitan or repair ref
<br />theProtserty datir, -+rc<.r~d are n irc;oratu~~r: e~~r trp» r ;y ta.tne>ri a.~iir ~ k I ^xl -nc ~.. ,reky't+f they Eked of Trttst is
<br />ataitherrby rripsaretl. 3t .,,~!, rest -rsuan ar repair n tx I c.;{,ni;ni c,L`s tcasa#flt u. .,; h, n:y a( E#tty f~etd of freest would
<br />twc unpa,se.:- :hr rtrsutan.r pf.u~eels sits i'i rte applkJ i+r ,t- Stine, sti. ,,, cA t=v t'tn ,~,~~ti t r ai, volt rht txatu, if any, paid
<br />to hllrrat+arr. if !ht prnpcny is abarzdt:+necil try f3nracrwer, +'+r tt tiurrcewcw` taea 'o tt'.purd c :.rr:,wr wwthm 3p days from 1hC
<br />dace no:r.e nn raaailtaD he tzriBU so fkxtoWU ,het ibe ~newran~c canker callers to Streit :, .eon fx an,urarxt btnefa#v, f.tndtr
<br />is xatkwr,u,7 t ~ .sleet ~,>d apply she ansursner pru~tx(fs a3 1.tndtr~. option tithes tar cso:ar~,an or rtpah' of sha 1sr'opcrty
<br />err io iht sums se.: areal !n' ;hax !a^ucd of ~tnrsr
<br />i;nlw :.ender .and Hcutayastr xhtrw,ne agree in writrng, any ouch srpplfweatran cr1 mo.~rxfwi io principal snail oral txteted
<br />ar lpor>z t:x dr,r ~_4,ie :,f !t~K , x. n.hl ,riua'J rr~fn referrcrJ to its ~rragraphn l avoid ? tstrteri tar change the amount of
<br />Batch _nstal:rncna. tf unfit paragraph =v tycri.•i ,tat Propuiy es angvrned by Ltrcuier. sit right. }}ike arni inttrtsr of Barrawer
<br />in a~tut v,a an n u+an.~r ~.u,~~.res xnd , d + ~n pr k'cxds thereof resulting from daaraie to the f`roptr'ty prior to the sate
<br />reratquraai;,m `,s.i }s::ss ~ Lra:dc. ,~ ..;e caters, .^i :he Sums securtaf by ttiia 'Oetd of Trvsr ;rnrrrtdraicly prior wn such sa}t or
<br />acauniiaen.
<br />f.. fMa.r+trtiaa Wad ltisinisoa:ore rat Pnrptrr}. Ltsaseholds; C:oasdoariuittana .PMnncd trop '1v:ostofrttcnls. Borrower
<br />ch.tll keep tln. } r s~,,, r ~ .r and h ,i „~; ..Dormer waste .+r pcrlaut impo,znaent .tar dctcnarratanr, tat she Property
<br />arW ti cuntfxi wr, t, the :~s a.c a o! any lease ,r thrs lletti Kbf Trust rs ran a trasetwld If this Deed of Trrist ~s oxr a Hots rn a
<br />toadoa:,raiurt ear ., , Isr:ncaf a,r.,i dtvtwaomem, Borrcawtr stroll ptcfi+rm ;tit o", &urowcr's ahtfgasauns. un<s'rr the dtc(aration
<br />ter cavernanis crta3:,~,g cr go;erra ag the i°andom,aium ar p}anrrtd unit dtvtlopnntnt, tht itry~laws Sinai regulations of tfrt
<br />a^wtdgax;inttrm or aiaotrcd nms ckvtlopmem, and conswitucrrt drx;untea4as_ 7f a cnndominivna yr planned amt dove}opment
<br />rider is cxe:.utaxi ray Borrcaever ated tuordrxl e+agrthu with this deed of Trust, the covrnanta and agreements of such rider
<br />shai# tee ;ncasporatcrl ;nto and stall amend and suppleancni tfrt cavcnants and agreements of tltas deed al 't'rust as if the rider
<br />were a part hereof.
<br />~• !'soleciina of i.eadcx~ Secsriay. 1f Bwrowtr foals io ;*rrfarra tht cavtnants and agreements conraincd in thin
<br />Uaxd a[ Tressi, az iE say action ar prxttding is aammcnted wtrich martraalfy affects t,tstder's interest io the f'rapersy.
<br />iaelatding, cwt not limited ia, tmirrcttt domain. ensotverxy„ code enforcemcni, err .arrangenttnts ctr proceedings taus}vtng a
<br />binktuT.t or dtetdenr, then Lttrdtr at Lender`s option, upon oat}ct to Batrawtr, may make such appearanu-s, dishurst such
<br />sums and take av:h action as is nasessary io pprroeect Lender's interest, ins}rxiing, but nut 3imiztd to, dishursrmcni +'+f
<br />reasanabit at ,rrety'; free and tnary upon the Property to maAe repairs. !f Lander reyuirad mortgage insurance ;as a
<br />rnndracn ~f mik:ng the loan secured by this dxrf of Trxt,i, Sarrawer shat} pay the prtmsums regvirtd A, maintain su.h
<br />,nsurarce in ai4tci un•il su,,h litter as the rtgviremtnt for such insurance ttrnrsnatts m accordance veto $arrowcr's ur„d
<br />l~ttder's wrrttzri agrerr:>Cn: or ap ta;abk taw. 8onawtr shall pay the amount of ail rnorfgage insurance premiums in rho
<br />nwnncr crovidtd under paragt•ap~? hetttbf.
<br />,koy amaunU disfsatrsed frY Lcmftr putstunt to 3leis paragraph 7, with interest thereon, shall became additions}
<br />rndebicdnccs of H.xrnurr sxcurcrf by thisf)ced of Trust #Jaltss'Barrowtr ens! Lander agree is other terms of paymmnt, such
<br />am<~unis sna!! tale ?aayabk uyoti nws"te fmm f.endtr to Barrowtt rrqutssing payment thereof, and sha]! hear interest frun the
<br />disc of dFsbn~scr-wnt u, the rate payable Croat ttmt do rime vn outstancforcg prirsripaf under tbt Na:c unlcsx payment of sntrrest
<br />at ouch rase c3uia ix. . •attary. tea applita~ law< in which event saxtt amounts shall Irrar ,ntertst at tbt higtaess rate
<br />ptrmisth}e ~.n tee applicahtt law, Nattung canto}tmd in tots paragraph i shat: require ?,ender kv ensue airy expense nr cake
<br />anl~ a<'t:on ;aerev::der
<br />g. etiispt~t#Mu. ttadtr may cooks err cause io bt made reason t`atr cr;ir:ts xipt;n .tnci r~ tx ,an r f 'ie Preslx {t}~. pr;,a ided
<br />t}rut Certder shstN give, t3kwrowcr notice prier to any Steele insprcuc+ sprcifviag ccasonahic ...,io-e it,_.a,tcrr ra3asad ro i rttdut~4
<br />irattrtst in the i':;aptr[ti
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