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<br />UtatFOert CpVEN1NT5..Borrower and Lender covenant andagree as follows: ~~ ~ ~ j f C.1 ~ ~-~ ~ a.d
<br />-B. PsytnerM o{ Priac3pal~and Interest[ Borrower shallpromptlypay`when. duetheprincipat of and'intrrest an tNe:
<br />indehtednessevidencc-dhy ehe Note, prepayment and7ate charges as provided in the Note, andthr priccipalof and interest
<br />an am Ftirtm dd~;inces seeured:4sy thrs Deedbf Trutt:
<br />2. Funds fa-'€races send insuraeeec Subject to app9icablc law or to a written :waiver by Lender, Borrower shall pay
<br />iq LeuGer en the daymonthSy installments of:princrpal and interest are payable under the Npte, unfit the Note is paid in full,
<br />a'-sum (herein 'Funds") equal zo oleo-twelfth of the yearly taxes anif` assessments which `may attain- priority over` this
<br />I)eetl of Trust, and ground rentsan the property, if any;plus one-twelftt afyearly premium installments Eorhazard insurance.
<br />p1as one-twetfth of yEarJy premiuTn installments for mortgage insurance, if any, all as ieasanablyestimased initially and from
<br />time to time by Lcnderbn tftebasis a€assessments and bills and reasnnabie estimates thereof..
<br />- The Funds shad. be held in an institution the deposits or accounts of which are insured ar, guaranteed fay a Federal"or
<br />state agency{inc[udingLettder if'Lender iasuch an institution}. Lender shall apply the`Bunds topay saidtaxes, assessments;
<br />insuranec'premittmsand ground rents. Lent°r may not ehar•gcfor Sa Molding and applying 4he Fonds, analyzing card: account
<br />or verifyingand compiling said'acsesamentt 3 bitls,.tinlc.~ f ender pays Borrower tnterrst an iheFunds' and applicable law"
<br />Qettnits Lender to make such a'charge. Borrower and I;_nAcr nay agree in writing ai the dime of exeautian, of tests
<br />DeectofTrust that interest ontlieFundsshall be`paid tc 3orrowrr, az unless sdchagreementis madeasappiicabtelaw
<br />requires such interest Yn fse paid;Lender shall not br[COn ~ cd . ra}- Bnrrpwer any interest ar earnings an 2heFunds. Lender
<br />skaligivetoBctrrpwer,withautchargt, an `annual acwim.mt, c+-the Ft.ndsshawmg'tredits anddehiiz to the'Fundsand'the
<br />pueptxie forwhich cachdebiito the Fundswas made: `The Funds see pledged as-:additional securi[vfor the sums'secured
<br />by this Deed pf TrusC
<br />If the amouoi of the Funds'-held tsy ?ender, together with-iltr tuturc-momfily instaltments of Fundspayable prior ue
<br />the due dates of Razes; aaessments, insutanceprtmiums and ground rents, shallexcerd the amountrrqutrcd tq pay-saidtaxes.
<br />assessments; insurat}aeprrmiomsandgravnd rents as: they faitdiie, such excess shall bc; ai Borrower's:~ap[ion;either
<br />pratrtptfy repaid to 'Borrower or credited. ro Bormwrran mcrnthtyinstaNments afFimds. If the amount nF the Funds
<br />held by Lender shall.ttot be saifCtrient tp pay taxes, assessments; insurance premiums and ground tren[s as they falY due.
<br />Barnnwer sha[i pay [o Lrnder an~• amount necessary io make up the deficiency. within' 30 days: from the date notice is mailed
<br />bq' Lender to Borrower. requGSttng payment thereat:
<br />- Upon paymcot.dnfuli of allsums secured by this-Decd afl-russ, Lendcrshall prpmptiv refund to Borrower any Ftinds
<br />held tsy Lender. If under paragrajh 38 hemaf the proprrt;,• ii soldor the propertyis atherwise'acquired by !..ender, (..ender
<br />-shall apply, no latertltan immedtatrly prtar. to the sale of the. pmperry ar iss acquis,tipn by Lender, aay. Funds }irld. by
<br />Lender ac ihttime of itpplica[ipn as a credit against the: sums secured hy. thin-Herd pf Trust:
<br />3. A}/Ikitlow u~f PayseeHts:. Unless applicable. law provides ptherwise, al} payments received by Lender under the
<br />Note andparagraphst and 2 hereof shall beapnlied by t.rnder$rst to payment of amptints payable to f.rnder by Borrower
<br />under paragraph 1 hereof, then a interrst'papable an rheNeite., then to the pnnctpal c,f the Note: and then Ica interest and
<br />panetpaLonany Futntt. ildvnnces.:
<br />4. f.'haeBes:.[.kte Borrower shay pay ail iaars. ssessmenrs and other charges, fines and zmposntons atinbutabfe to
<br />the 1?rpper2y which: may attain a priority aver Ilsts'Deed of Trtrst: and leasehold payments.. or ground rents; if any, in the
<br />mattaerpravided uadcrparagrapfr2 hrrrnf ci,-, f rio'- ;paid `~, such inannrr. b}• Borrawer making payment, when due, directi}•
<br />to`thc ppaayrz ttteeep$, $orrowtr shall ~~romptSy tu-r~ ~ cn 7 ~redar -, t! Hair xt u: _rrnounts 8nr under. this psragraph, and in the
<br />event Harrower shal3 make payment direM3y,Bar.nwc,;- a ai. prompti~ urn:sh ;o Lander receipts evedenangattah payments.
<br />Borrowera6aB promptlysiischar~a'any lien whrvh tas pr:orrt nvcrthis Dexdof Tnrsiz:pmvrdrd; that Borrower shaipnat be
<br />required to discharge any srtch hen sa Iang as Borrower t.rali aercc ~n writing to the payment pf the obligavon see ured by
<br />sue6 lien :n a manner scceptabkzti Lender. ,ir ,hall n gocxl iaith'cantest such hen hy, ar tirfend enforcement of suite lied tn.
<br />...legal proceedings whichoperatetpprcvent Ih~ enrcr~.rment %xftnr I'stn..prfrrfeiturro[.ihr:proprrty arany. partiherepf.
<br />S. lias~ni Itswtra~ee. Borrmvrrr~ttall keep the n~rprnvrtnerres rurw r.isi:nK pr hrrwficr rreeicd an thepmperiv insured
<br />agHins#:loss t?y fire, hazardsinrtudedwithia the tcnn'e~tcndedcover x ~- un~l ,uchather haaarcis as Li:ndrr mayrequtre
<br />and in such amotrnta and for auchlxuvds ~ i.cndcr tea. reuwrr pr r dct...hat 1 rn~r abet! .not rc~wrc-thathramount al
<br />cuchcnveragc exceedthat amountofcavcrage rcuu;n•d to pay the srme3 uttered byttrts Ared~af !nest.
<br />The itnnr'attcx .carrier providing the in~~rrat ~.r ~.hatl ne. chasm by H.rrcover sutatrct to. approval by i..ender: pravidrd.
<br />tmtt such approvsi shall not tse unreasana4ly wtthhe:d. All pt'emiurrts: o. Insuranrr -pnlieita shalt hr paid in the .manner
<br />pravided under paragraph 2 hereof or, tf eat pant in such manou; by __rrawcr reeking payment, whrn due; directly to flee
<br />anitran« carrier.
<br />All insurarn.~ palettes and rcaewal~ thereat shalt !x : m ~eptvble i,~ f ender and shsit include a standanl mortgage
<br />dausc in favor of and in Sarin acceptable Co:LCrSdcr_: I-unite, ~naii have .ha right !a hold,the pt9icie5 and.rertewais. therea(.
<br />and Borrower shall promptly furnish to t,eni4trx11 rent.. ot;cr..,au ., -e~rip!x of p.ud prrmium5. In the'rvent al°-lp•:;.
<br />Borrower ..hall give prompt rro[tcr ~o the insuraucc ~ .eerier xns Lc^dcr :. rnvar eery made praot of lass a nutmade prtimptla
<br />by Bcxrower.
<br />l''-nips Lender and Hottowcrathrrwtstagrec i ~ ,.nt rip. ~ u .. t tr Js i Lr pl c4 to rrswratian ar repair
<br />the Yrgperiy damaged. pruotded Such rrstarxrtian tar r2p~a ,nxxn,..,i„ ice>ihle ., xS ;tic + r.rty of thisDeed of `feu<t
<br />eat thereby impaireJ. i` etch re>:otatiun ur repair ,. ;,ot c ,.prom quill tez„e;c ,a ,t ear •~ ~iiy +,i rho, DrcXf ;~t Irt~t ~.: >uld
<br />be imperial. the taw raav • prcwceus .hall ~ apfni d to ~h„ ran+ seer d n h!s L)ecd nt fY~st d7+ t0r rxee,h it 3nY ~ ur•
<br />!o Eorrower. If !hr Property is ab>.xrdotted-by $orro~+es, . r ,! r3orn ..u ;aek u r .>p,rnd to L:.r.l~r w ithm 7p t7a~ .. om sec
<br />date sauce is mailed by 1_rne}er to Borrower that the :rwraocc arrcr .~tfrr. [o uule a d rn Rer ;n.urarrcc be nenfs .i~nctu'r
<br />i, authorized to coliret and apply tier in-wrntke pr~~nuis et Lander <,pn.rn z ttiet .r rc~., c>ra~,on c,r reya~r nt the 1'r,,, l;ctly
<br />or to the sums r~rcured by this Decd of Tnrst.
<br />lirless Lcerdrs and Bortcrwer Wherwiar agree it wrrivrg nr. ,rah ,.ppuca~ tr , ~ rocreds it+prtncipa( 4ha!I nu[ c~.sard
<br />or p,.ritpone the due date of the rnoath:y +r_stallma. ro icier t + n sragraph .~4 [ oriel ar chance; iii ~ n twa: c+
<br />,uch installnxnt>. if utrdcr patagtay[t i$ heron, ..z Pruxkv :; ,xyu rd ny Lc ,der, all r ght, title and interesi : ; ESOrrc~wa
<br />in :rod to any insurance policies and tnand to the :xcx:uds rhrrwt rrscituig :rvm damage to rha.. praperiy prk~r !o the sa
<br />er as{uisi!io:r st>:di I+a_s to Leader to the eaten. of :iht sums,Se::urcd >~+~ tit rs Ihrd ai trust u~rr~iataly priair tc ~..cn saie.er
<br />atyuririeon. ..
<br />d. 1'reee+v aUart a~d~Saiaaraaacc ut I'nyerey, [,caaehcrtsk;..CorWoui:wums, Plartnrd Lart Ikvtloyaaeats. Barr~wcr
<br />teat! keep the ('rvpe-nti to gva;t reps r .end .ho -. :ocimrY uamc r mil ~ cn ~u_r!tlraGVrr a# the Pres~;ttT
<br />and shall comply with ebc ~r»rsions e . aol !eawc if th>5 [;leer: pi [rtes r eau, z ~d t his Deed of 'Crust. is un a unit in a
<br />cvndominium cr a anor4 a.ut dece:optnesu, t3r,n,wr: sha.S f•_derz, e?.r.rowc . ,trnigai~ons. under Yhc iti'~IJr:ltian.
<br />or avenams creating ur gorern;nb the c.>odom~;vu~n ur j+tarr,~cd :: pi:,ent. tl:e h';-laws rn+i r•. gch t~; ris tbc:
<br />r
<br />condominium w piana~d unit ;1eccJoprnrnt ~ re rn~na n 1..a:r ~ ; a n ~ n in:u ~ _r Fslynnh uit d ~,-a~';~t
<br />rifer 's exrcu.ed b.- Borrower and rzrorded ;agerhe~ w,:h [,t,n i?e<d r f 1 rue;.. ..~ .t~ r.aat..s end ;;gr„c ~.~rh ,~~ ,uc;. ~dcr _
<br />she'-d he incorparate:: rote ared sixalt amesrd and 3uppdrman h ~ a`~,~n.inb ;~nc ^i, cv~ .c..s o' this Decd ut Tru,: ~ ~- vender
<br />were a tort hctca f.
<br />7, Protcclbn of Lender's Security. t' Batrawer fads to ikn rrrr cants t t•rt .t. :cn run,':i in thin
<br />I)cx`d o; Trust, or iC any a lion or o: acceding a 'trvtiritt tJ Hhi., t ~ i ~hs ]e s ] iu c ;~i rc t t t 1 ~;_rty.
<br />incitxl~ny. %sut not limited [C. r_avner,[ domsi r., ~n.c?Icenct c;de en!. ~u.tcc :_ ..:ale:, ..wee r-, ou,'.n~,. at..,v na .;
<br />hankrupCor derraent, :hen Leude: o: Lccdar's option, ut ~ nc~ua: ~ ~. Her c>wc~ .n ~, :,rch uric ._ ., , vi .~. ~ .,ic;;
<br />runt; and Enka ,rs~h asii-r. as r:. ~ecu~s_ ar-: t~~ prolecr f utJe;'s ,rr c,.. c; u.l ~.~-a( ;itca r .r'S,~a~t ,~3
<br />roasn,yor azto-ut s rots rid r,r,trl tw.i the. F rc~rty r - ,~ it x ,r yr ~ _
<br />ooaduo.t of real. nq thz o.n set olstd rr. chi. iha ;,, l7r ,t Rr r•~:.~s snali r } }'~rrr,t, •r, _d ,..i_-., .rcla
<br />'24X0 n:C in C~tc;. un;;l ouch f;rpY dS 2hl' rCy U:(Crdent ! sUi:l ~ __ lr :r, ./_t~. ?t ,,, ,r rid
<br />Lends ovf~crt rf, "erttrrrt rr bppiicaLle !:,w- bur; atis-erg uz }~_f< :r .,:^..i t' ~ .. ~ ~, i,~,~ .u, r~ ~,, tftr
<br />isann r n, oti:d v unicr g3 .thrsph 2 hucvf.
<br />~n ir"=0un s di hl~ u. r. L~r t t.rsc ~ '„ th .. r,,i h ~ i[ .ern ~ r,.a ~'
<br />in,le[ arc,. ar B. t c u- r ^re~ +n Ir ~ rxc9 1 nt-t. i s F3~ rn.+rr ar en i _
<br />,y,,, era. , ,h:>. !+~ (rn;.:!-h_ 1F. ,. t.,.~::-. (r ,: i.ende~ .r• Bc.-.: a.a,. rs.4.i i.-. . p.r• i ~~ r.. ';::~ t.,. - ..;c r .r. rLe
<br />.`.eta ~ des v>•sr, ca. at Eh m n.t}ab1 f ,:m?im: to is;e -. r tut,.zr~n T~.;. t.~arcr rh_ `. < rci~ ..
<br />a[ s h a ,° a ~ t U r>;, ~: h ~ ax tppl " h - I .vt .. ~ , r f ..: ~ ~ -
<br />. - t: .'r -:.c
<br />pear rs t1e t red,., apl:ic ;hoc Lr .. ~; ihr-r~ _ ~n r __ 'n :i ..,g,:y h _,,; -: I. t !ter ~ ,~c i .,r-;. ~ u ,-.
<br />8. Iss~c'inn t sfldc n ~ t re rr ~. .aJe cal; rr -. .r -=' t ., ve~,r':
<br />:F,,, i...dr• sb ! ~:vc. $or c ,.. r~ :x ~n °^, ~._ ~. i,Icr'*.
<br />~nrc r' ris the Praxm-. _~ .. ..
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