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~~°'e00192~
<br />Ut~ta:aett Cov£iaa:srtTS, Borrower and 1_ender covenant and agree as foltaw•s:
<br />.F. Paynaeat'd Pt3ncipaf attd'-reteeest: Borrower shall promptly psy v{hen'due the principal of andinterest on the
<br />ittdcbtedness e~~:denced`.by the AIOte; prepaymertand late. chargesas-provided nthe Note; andthe;princtpal-of: and intzt•est'
<br />on env Fuure-A dvatic a secured b• rhos Decd of Trust.
<br />~. Rtmrls for Tttsee aed trenrttrtnce: Sutxjec£ to app[icah}e Iaw or to a writ4en waiver by Lender, Borrower sha}I gay
<br />_: ~~ to Lender nn tba dad monthly n•atatlrnerts of principal and3nterest are`payabletrnder the Note, un[itthe Note is:paid in fait.
<br />a sum (herein "Funds'i equal to oils-twelfth of the yearly lazes and assessments which. may attain priority over this
<br />Deed of Tnrct, and ground rena or; the Property, if any, plus one-twelfth of yearly premium installments for. hazard insurance,
<br />plus one-twelfth of yeariypretntuminstailments For mortgage insurance, if any, all as reasonably estimaEedinitiaify and from
<br />time to time by Lender on the oasis of assessments and bills and reawnable estimates thereof.
<br />The Funds shall be hek7 in an tnstitusion the deposits car accounts of whch are insured or guaranteed by a Federal,or
<br />state agency (including Lender if Lender is such sn imtitutiant. Lxnder shall app?}' the Funds to pa_y said taxes; assessments,
<br />ittsuranee premiums and ground rents. Lxnder may not. charge far su balding and applyTrig the Funds;: analyzing said account
<br />ar verifying and compiling said assessrnenis seed bills, unlec_< Lender pays Borrower interest an the Funds and applicable law
<br />permits Lenderto make such a'rharge. Borrower and Lender may. agree in writing at the tinny of execution of Shis
<br />Deed of Trust tTiat in4erest on the Funds shall tie paid to Harrower, and. unless such agreement is made or applicable l:law
<br />require; such interest to be'paid, Leader shall naz tie required. to pay Borrower shy in2eretor earnings en the F;ands. Lender
<br />.shall give in Borrower, without charge, an annual accounting of the Fiends showing credits and debits to the Funds and',the
<br />putpaae for which each dehie to the Funds was tnadr:. The Funds are pledged as additional security for t}ie sums secured
<br />hY-this Dud of Trust
<br />ff theaietounx of the Funds bald by [.ender, together with the futtrrr monthly insfaltmenes of Funds pa}•ablc pnorzo
<br />the due dates of taxes, assessmrnts, insurance premiums and ground rents, shall exceed the amnunt required (o pay satd taxes,
<br />assessments. nsararace premiums and ground rents as they *,"all date, sucTt excess shall [fie, at Borrower's option; sillier
<br />promptly repaidro Horrower orcreditcd to Borrower nn monthly installments o[ Funds ~ If the amountof tfieFunds .
<br />held by f~rder shall not he su8'icient eta pay tares, assessments, insurance premiums and gmtsnd rents as they fall due.
<br />Borrower shalt ply to Lender any amount ntrexsary. to make up the deficiency within 3().day. from:.thc date notice is maleeT
<br />by Lender to Borrowu requesting payatcatt thereof.
<br />Upon payment in full e?f all sums secured br flies Teed oT 'Iruwt. Lender shat) pramptly refund to Borrower any Funds
<br />- heid'by Lenda.:If under paragra~rh Lg hereof the Property is ,old or the Property is otherwise acquired by f:endcr, Lxnder
<br />shelf apply. no Tster than irnmodtatdy prior to the ssdc of r}tr Property. or us afyuisnion by Gender, any Fiends held- by
<br />Lender at the tithe of application as a credit against the sums secured by this geed: «f Trust:
<br />]. ' Ap~earbw of Taytsreots. ITn4ess applicsble Saw pmvrdes ethtr~a•i.sr, all payments received by i_ender under [he
<br />Note and paragraphs 1 and'2 hereof shall be appplied tsv T trader frrsr in pavmenr of amounts: payable to Lettder• by Borrower
<br />tanderparagraph 2 hereof, then to imerest pecattie on the `+lote, then t~7 sTac princrpai of the Notc; and then to interest tend
<br />pritaca~i on any.Future Advances.
<br />Chrlte+t Gierty. &tnttwrr shalt pay ail taxes, assessments .ind other charges. fines and imposrtinns attributable to
<br />the Property which may attain a priority aver this f)ecd :tf Tntss, and ScaseTtold payments or ground. rants, if anyr in 4he
<br />mtutttcr ptovtded utider paragraph 2 hercaf err, ii` not paid in such manner, by Horrciwcr making payment, when due; directly
<br />to the payee thetrxtf: i'iorrower hail pramptiy turnrsh ao finder all notices ~,t amounts clue under this paragraph, and in the
<br />event ttawer aE6all mate payment directly, Botrn• ~~ h:ei; promptly fumtsh to Iznder rcceipis evidrnc.ing such payments.
<br />Borrowershall prc+mptiy discharge any tics witi,;h h.,x pr~oritr Deer thialyeed i>f T"ruse: provided, that.Bcrn,wershall not he
<br />required fo drxhargr any such Tina xt long , s Borrower shall agree in wntrug to the. payment of-t,hc atiligatian secured by
<br />such lieio ut a muttttr a• ccptabla to I:endet. „r shaft m goad forth r:nntcst • rah lice, gay, or etc{end enforccmcnt of such licit in.
<br />legal pproeeeding~ss wEult operate to prevent :hc enforcement of the Tien ,,r forfcitttrt ere .the Aroperty or any: part :thereof.
<br />S. Avaytt Ltts~rtete. Bormw,trshatLkap the irnprovcments now csi.t~ng ,•r ttcrraitar erected nn the Property insured
<br />agatttst. loss by flee; Tntzardsiiecluded within the. term "excande,t covrragr ..tars „~;h nttter hacards as Tender .may. require
<br />attd rn sttth rttnatmtz and for such periods -+s l.ancTcr may rcquuc: pn7vrdcd, that ! rndcr •hali not recluirc'zhat the amattnl.ut
<br />suds coveragcaxceed thararetotmt of soverzxc required to pav the sums sea nerd h, ria~. I)ccd of Trust:
<br />lTuinsurancccatrier pravtdi~ 2lte irnurancc shaithe chostr, r„- ftrrn,wrr •.uh~rct iii approval by 1_cnd4r: pnrvidetl.
<br />that stae}t approval shall nob be unrcxsonanEv kithlteld r~Tt pretntums r n n.uranca policies shall he paid in the manner
<br />provided ter paragraph 2 hereof ut, ,t nut t+ad in such manner: ?,+ Horrnwcr staking payment; when due, diri:c;tly to the
<br />insurance euritr
<br />Alt ittwrtuwx polrcics amt rcrxwals trn;rrnf shall he rn fdrn a ~rptahic i..~ Lxnder and xhali include a standard mortgage
<br />- eiattsa in fever of yard in farm acceptable to hander. ! rnder •, :,fi !ta, r ,hc r~t:}tr to hoiJ the policies and renewals thereof'.
<br />and Borrowershati prrmtpdy furnah to I-cnrier all renewal rt.,u:r, :nd .,tt rc.erpis rat paiid premiums, In the event irf loss.
<br />BOrrowershaltgivepromptno[xaezotiteintwuarn:c.n~er.,u,!lcnder fcndermgymakaprrwf{~f8oasrtatotmadcpromptly
<br />bye Botsowxr,
<br />Utlleay Lender ant! Borrrrwu ~athrravtse sgrec m wtrirr~g, n tiucc rr cad- sh f. h- :rpplrtvf to rc,turationor repa,r r,f
<br />the Property damagccT prrwidat stwh rrs7oratu•n ru rct s c• m,,;r'f. i~.,,iht~ ad v,c .ec~~r ty r•I' this [~eedor fnu~ ~;
<br />trot therelty imp^rred. It :;u;h trxttxation or repair is nr,t rr,,n,,n,r,.,.t, i,•a~ hie r t , fhe •~.,t~i ity of thi, fked iyf "T"rust-v.uuld
<br />e Tre tinpatred, the ittwrance prtK:eads shall be appt~f to the 5arrns ye, ~,rcd 1x• flies Iysxd ref Trvst, w~,t~ i'a< ~x•.cwc, if ally, paid
<br />to Torrower. If iheProperty ty ahandntted Tay Borrower, err if It rn.,wcr r~::•. to respond to Ssndei wir`7rra 30 da}°s 1'rnna the
<br />delis nerEee isnwiled by Ler+dcrto Borr~er thtuihe +nsuraaicc .a r: act ,,:kr~ to ystEk a c1ttT,m fsrr~nsurancc_ben¢fin; l..cnder
<br />rs'authorrx~ri to soils a„aappty the imiwrazeccprs*cr~s w Lattdu~s opunn either to rasroratic~n+,r repair of the Praherty
<br />" tx-tu nc~ stout stcttrtai Try tfiis Deed of :Trost
<br />L'Rtesf lzttderat~ Borrtower oth+erwiseagrrx in wrawng, am ,tech apptwuon of proceeds tri princtpai shall not extend
<br />ar pastpartte the dtu data of rho rnomhty imtalTmenin retertac9 tx, an , aragraphs l and ~ hcrco£'ar change the amount ttl
<br />w~c6 tnuallmanis. If tinder puagr 3fi ttere+,r nc~ [ r.a~rty ~- ,r,ywrcd Tsy Iznder, ;,11 right. title and rnteresi ref Iorrower
<br />in and to arty insurance. poTit;iea m and -:y die prKkrCrls titcrr:ot resulting front damage to`-the Property prtnr w the salt;
<br />or aC+quisitiorssbalf pass to Lender w flit nxteaE cI the suo„ xurpTlxythis f3oed ~+E Trust irramrdiatelyprior to such sale or
<br />acquisition.
<br />6. lR+atrsadoa yrN Maiahauuer of ~+4': tsaseirotdv (roudurtniairros; Ptauetcd Unit tkvelopments. T3:,rra,,:.4r
<br />shall keep else Propcrn n g>.xd repair and shall hat efW7;mit w,r•.e air' prrntat tmparrment <ir rtcYtrx)rattnn rif t Mr Pratxrty
<br />andsha[l comply wisft tBweprovistoas efany'eastif this I3ccd ,~•f 1 rust is on a Tev~sehaid If~tlus ,`7eerf of Trust is on a anu rn :~
<br />condominium ::-n a ptattnedunit devttopment,.BOrr3x^cr ih:r~i perjcarrnallarf BOrrower's'obligattonstcndcr ttiC drela;atiirtt
<br />fir m,~eopnta ,rcaTiug Ot governing nc~ eorxfominium or p!sn_acd unitdevaTopmtnt, the by-taws and regulation. tf ti,c
<br />cotadoartiaium ar ntanrxd tanit dtrelopmtnt, attd cotasittrtcn~ d.xurncnts. If a candnmimtim or planned :snit do t~~-l+rrr~nt
<br />r'tdtt a executed by Borrower and recesrded together with this Used rif 7rust~ the aweiranfs and agreements of ~.a:<e nder
<br />-shallbe incorpn sled intoaisdsiut[t atr+cnd and supp~Tement the cnt•~enants-and agreernenui of ihinl3eCd pf "!'rust ,r, f ere ndcr
<br />: :. freers a part htrcai.
<br />7. hotrctiow of t.es,der's $t+erur7ty. IfHorrower faits to pertorin tnc covenants and agrtemCnt. t•r ra.:,,..:~:r1 i;, rh,,
<br />L`tad n( Trust. or if :*ny action a?r grxer~tltng a ~.mmtrr~; whicftrstatcriaityaffccxl.tinder's interrsfrn tnc Proper+_,~,
<br />maud,aq. Txtt sot irnurd :, cmarrar; domes smtxvtt~y, cudy. r^snrcxmenr-ofarrangenx:nts ar proceedings i `~~n!` :.
<br />banirupt ar de.edent. flier Lender at i_rr.Jc: s r,:;ti;•n, u~,n r,<, _r :.r Aorrawer; rose make such appea rant. , J~.. tr . ,s,, !:
<br />.u=as and take such action as ti ~eccisa ;~ ~,c,Yec3 ltntie ~atcresi, ,nclading, t±ut sot iindted to. disbar rn;urt
<br />rc:::dnabfe attcvney's lets ancr c~tn seiwn the Properi:. :c, m-:.c rrpn:r-. L' i.e~tr required rnot'igagc insur..ue ., ..
<br />cotwinoa ~zE atai.ang tt,e ;can vekurcd h} this Llte3 of Trust„ r3or~. wu shall pa}~ tEtC premiums requirrxf tr n7aio at. ~~.c1a
<br />insuran<c rn efface anti' sa.:h trrrc rs ri,c roquiirmenr for seen otiti,:,vu ecrmtnates an accordrncC wuh $nrro~aCrs ~;nd
<br />bender's ~~zitten a~ecmcnt q: applicable ;au. Fl~7rrcwer shall ray r"err arwurtb;~,.' all mottgagr ~nsurarr,c, pri»ium. in thi`
<br />nrunrser Txoe~ided :yndca ~tar;.syh 7_ here.nf.
<br />Am' xnxwnts da~,^rzd hr 1s;xter u, u,et. to !! s p.a d ~?h ~, with :nterrsi t4'arrtr n ~haT1 adtta ,rt+i
<br />nurea;c{lrraa ~.' Baxruu er sr,;ute3 by thu t)ee n; "1 rtcst ^ir.. }fir:ow ar attd 3_ecttler agree t,7 ofhtr rr~ n,c 1n2rY
<br />am.c;nh ,h..if hr paszhu. e 7- s £ru •.,. Lcrufc: r ,
<br />Fa~;. u Bor. ..-r c cszirg paymend tharcetf: nnu cfi ~ ~ r, ai ~r„ the
<br />,:eta of dishurseryent at the rate payah;c fr:nrta nine t~ a.rs cn o i . c,;n:_ t v.o~a! u. ,_r i 'bs;' ate . .i,_~ {r vme:*r•ra! rntCre~t
<br />a ar-h rata ,,utc; n,, ~tr:rry aptli. , t ~ ~:%•. c~ ,: i dm+u :~ ~ hCttt ni. ~~ t t'+c hs~fis,Y rtt4C
<br />ys 'xrs+:hic .racier :ippfu.;ri?it '.:+-« 'y e,h,nr, . ..,..<. f,-~, n - .... „ ,.~.. ,near nnv ,rxprnx .,r take
<br />,.t=x,r~ :1.Ca silo ~.
<br />.. ~ L C~ntrr;Gat, : e-here: s~a,u rttac~ r.e: d _ - ..: ~, :: r;., _. - ~.~c Per ,heel v t I e.4
<br />•`+ F-rr,drr ,}y3j tr.o~ V vrcn>FCt tpxtrC~ .psi, . , : -.,. ~t -~~..:~ C .ta,: c ;.ntz r tnrr_t:»r •..ta,erl rr ! , n.dc.`~+
<br />:nr -es: iu :rn° hrnOCrf+.
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