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<br />Uwrroaxr C'avetaxNrs. Borrower and Lender covrnam and agree a+ t~slaws,
<br />f, Payratavrtof riioeMa{. aatf Interest. Baerawer sttaik prampszy pa~• when due the princ;pat of and interest r>n the
<br />irdehtedneaa cadenced by the Note, prcpaymtnt and fate charges as provided ,n the vote, and the principatof and infarct[
<br />ors anyy Future Advances stcuredby thnDeeJ of Tn+st:
<br />1'. lw~slar Tna• atad 1lssnranee. Slibjeci toy applicable law• nr to a wrircn waiver by Lender. Borrower anal[ pay
<br />to l.ctxkt nn the',day motsthly instrltrrtents of principal and interest src payable under tht Note, untie [tit Note is paid in full,
<br />a utm therein "FunM'".1 equal'.zo oat-twelfth ot'1heyearly rases and-assessments which .may attain pnonry,ovcr rfiis
<br />Decd trf Trust, and;round rastson the Property, tt any,-plus ont•iwdith of yearly premium installments far hazaedirtsurana.
<br />plus one-twelfth of yearly promiuin inatalinsenla tar mortpge insurance, +t any, all as reasonably rsnmated fnivalty and from
<br />tithe to ttmt by Lender atr- the basis of asai:~mettfs rims btfls and ~csmnable estimates thereof.
<br />The Funds sh~ii tie hlfd in an irtaritution the deposits or accounts of which-.arc insutixf or guaranteed by a Ftder:it ar
<br />state agency (inctudinj Lcttder i (Lender is-such an ittstitution): Li-mitt shall apply the-Funds to pay said taxes, asvasmcnts.
<br />irowarrcr'premisnrts atsd ground tents. I.er~der may [sot charge for so lrolding and applying the Funds, anatyrang sold account
<br />rir vesifyin~ and compiling said asaestmenit'and i„Nk unlesrtender pays Borrower anttresr on the Funds and applicable law
<br />hermits Lettder to rnake such a'cMrge: -Borrowrr°attd Lendermay-agree m writing at tht ume ot'exeeution of this-
<br />of Trust that-interest on the Funais shat! be paid to Borrower, ant( unlesc such agreement-is made or applicable Saw
<br />requiae/ sttch interep to Ise paid; l>ertder shall rtot be rtQuircd to pay Borrower any inures; or eamin~a on ttse Funds. Lender
<br />shall give to'Borrower, without chsrge, an bnnuak accounting of the Funds showing ct+Mits and -0ebr(s to'the Funds -and the
<br />forwlstals each debit fo'the Ftmds'twas made:- ThfFunds arc-pledged as adduian~t security fort(re sums aecurcd
<br />this faced. at Trttat.
<br />If the amount of the Funds-iselcl 6y Leader, together with the future'monthly iauailmtnta of Fundy payable prior to
<br />tMe due dues'of leas, aseaarttent , it»unttde premiums arid'ground rents, she!' excced'fhe amount required ca pay sa+d'taxes.
<br />att~tMgb itwrantz pnmiutna'and-jtotn(d rettb'as they: fall due, sttch excess'shali tx, at Borrower's option,-either
<br />p-r>~ty iepaid to Borrower or credked to Borttwrer on monthly installments of'Funds. If'tJse amount of the`Funds
<br />held Lender shat!"riot be tuffkient to pay taxes; oases meats, ,nsurattce premiums and ground :ents:as they fall due.
<br />Btirrpwet snail pay to'Iwtder say amount csecetsa to make up,the deficiency wdhin ~0 days frnm the date notice is mailed
<br />br [wafter co 8ortower ragisaatitsg paytmattr!th
<br />Uponpaymenr in Putt of all sums secured by this Deedof;Trust. Lender shalt prtamptiyrefund to Borrower any ~ ends
<br />held`by Lender. If under paragrsplt ) g tiereot Ilse' Property rc sold or the Proturty +s .otherwise acquired by L ender, Lc~;der
<br />dull appiy`rto later Man immedntdy prior to :he sale of the`-Property or its acquis+tron Hy .ender any funds held by
<br />Ieotftu u the time of ap tcauon gs a credit against the sums secured by this Decd of Trust
<br />3. ,tpgifetatlaa ot~hywewts. Unleu applicable taw provides otRerwix, all payments et:erveri by Lender under the
<br />Note and prragraphs- i' and Z.txteot anal!>be appfrcd fay Lender first m paymenr mot" amounts payable to Lender by Winnower
<br />..tinder puagraph 2,hereof, then to intetcst payable on the Note. then to the pnnc+pal of the Nore, and then tq interest and
<br />principal on shy Future Adyaocea.
<br />1. CA~s; Liewa. Borrower shelf pay al!'iaxes, assessmtnts and other charges. fines anC ,mpositions aunbutabk sa
<br />the Property,whic#i may attain a priority over this Deed of'Trust, and teasehoid payments ar ground rents, if any; in tote
<br />manner provided under-paragraph 2 heronf or, if hat paid in soch.,nanntr; 6y Borrower making: payment, when due, chrectly
<br />to the paytx thereof. f3orrowtt shall pro•,nptfV furnrsli to Li-rider aIF notices at amounts tine under this paragraph, acrd is the
<br />es4dtt Borrower shat( make payment directly, Harrower shall. promptly furnish to ender rece=pu evidencing such payments:
<br />Borrow[rsiiall promptly discharge any fiert which has priority over this Jcet of Trusr. provided. that: Borrower shaft hat be
<br />regtnred todischargc any-auehIten:sotongas8orrowershall agree ;n'c+rit:ng to thepaymenr of ±he pbt=gauon ac:cured. by:
<br />stseh tienin'a.ttiantier acsxprable to f..ertder;or shalt5n good faith contest such lien hy,'cr otfendenforcement of-suchl,cn m:.
<br />legal pproceedin s which opetue to prevmr the enfatcemrnt Jf me lien nr furfeisure n!' iha Property ar any part 'thereof.
<br />S. Ilaoti I(urrYle. Borrv+vershalf keep the imprcvcments now c:ustrng arhtrteftererected nn tht'Properry insured
<br />against leis by tire: haurdr included within. the term "extended coverage", and such other hazards as lender may require
<br />atttl sn si.!ch-amountaand for sudt pentode<as Lerrdermay rtyutet prov+ded,.'hatl.ender shad itorreouirc that the aninunt,of
<br />such concrete excad that ataoutst of'cowragerequiredto pay the sumssecurcd by this Deedof Trust.
<br />TAe'irsatrnrtcecarrier previdir~ the insurance shall bechasen by Boirawer auhject to approve[ hp tender: prav+ded:
<br />afar asatdt:approgahaliallnot:.btunetaaonabiywithhcid.. All'premiumsom imurance -pofieits shnilbeysid ,: the manner
<br />provided:ur+derparatRap62?htreofor, it no[ paidinsuch manner, by Bartower making paymenr, when due.:. directfytatbe
<br />irntranccartitt:
<br />All rnsuranttyi,ficiesand:renew.afathercofahail he in form acceptableto l.cndcPandshail ~nC±udt astandardmottgage
<br />clause srifavar otsndid form secaptaitle'to Lender.: Lender shah havetne raght tohald tnepolscae~s and reneN'aisthereof;
<br />xtrd Bovey~er xhalf prompt#y furnish taLender ail renewatnoeiccs and ailrcceipisafpaid prcmiv,tec. fn!he [vent of lass.
<br />Borrower sl+all give prompNnixice io the,amttrance carrier and ixnder. i.ender may mztke proof i>i lass .f not ri+aifEprcimptly
<br />by Borrower:
<br />Unlesst.enderaodBorrower otherw,:.:agreeinwnung,insu:artce pro;eeds sfia{f tx applied ea rtszbrationorrepa+r of
<br />thcYroperty damaged;. providedatsch restorationor. repair is ecnnorntcaily feasibieand thtserurity ~f!his7ked of Trust s
<br />nol rhereby,mpaired. 1f often ieatoeatioaar rtpaar. is nest cconamicatfy r.:atabl+; br Yt •.hc xcurity of thrs f.kad afTnst would
<br />be tmpaircd; the insunrce proceeds shall be applied to the sums secustd by tE:ts Deed of 'L rust, wath zht exee5s: i[ any, paid
<br />to Borrower. If"eheProper[yssabandoned by rrowcr, or if Sorrowerfails to respond ¢eLender wtihini0 days lrom:thc
<br />thNe [[[Nice is'mailed by Lea#r to Botro+rer liter tht inwnntt carrier oStts to settle a claim for tnsa=rancc benefits, tender
<br />is twthorized to collect acid apply the inaurancc proceeds at i.ender s option eizhcr ao r>.siorauun or repair of the Property
<br />or to the sums irtKUredby this Dsed o[ Trust.
<br />Utrittr Lettder and Borrower otherwise agree in wnttng, any sttch appttcat,un ut pra:ecds to principal shelf nbt extend
<br />M paste-tlsc dun dau of ibe monthly imtaflmenis.rcfttted to in paragraphs i and :hereof er change the smounC of
<br />'such instal-rnents. If under pat~raph 38 fssreof the Ptopaty-;s xcyttired by Lender, aft right: title and interest of Borrawtr
<br />in atxi:to say insurance pottcia:a and in and to the pruccada thercol rerutting tram damage to the Pmpeny prior to the sale
<br />_a aequistrioa half pass zo L.eoder to Ilse extent o[ the sums secured by this Decd of 'trust: immedtaeely prior ra such. sate or
<br />~WK. haaartraraw trd llliiattrnce K Leaaso.ai~ CoadamiaMtms; Y4a.waad Lttttit DeralapraarW. Borrower
<br />vtwtl keep lift Propetsy m good nepur artd ahaTt not comma »asee or Derma ,mpa:rment ox .Ielenoratson aF tiK' Property
<br />and aAaf- comply w,ik tie provisitxtsof any f...a it this Deed of Trust is on a ieasehotd, if this Deed of Trust s ors a amt in a
<br />cotsdominntm or apiannad tuurdev~opiitttrtt,.Borrawcr. snail pedorrn. all o[ ]3ctrrowtr's obligations under [tie declaravon
<br />air covetsanta:aeaiingor:g»-crning tltewtdaninium or plannod unit deveopment, rtttf3Y-laws and regulations:nt the
<br />axo~eait+ium orplaisned unu.:dwetopmwt, aadcoantrtuent: documents. ff a condomanwm or pianrsed'unit development
<br />ride iaeaectrtedby'Borrowcrand ra:ordttd to~etharwiththis.Detd ritTrast, tftecovenants artdagrttments aLsuchrider
<br />alsafl tse itsrorptarated into and shall amend attd suppkrrsettt itte covenants and agreemetsts of this-Decd of Truu a> if the rider
<br />vtre apart faeraof,
<br />7. PrMtctiaa d t.earpse'a gacufty. if Borrowtx tails w perform the cao-cnants and agrter»tnts contantad in this
<br />Uaasl o[ Trust, or .f any aciton or pataegding is commenced which. rn~tenaffyrafftcts Lendr.'s intertsairsthe Property,
<br />ischtding. bur not tirrtiUd to,:e~nsneatdotriain,:suplrertcy, code enforcenren., gar arran3ements. nr. praaeedings. involving a
<br />' ~yPz or decodent, zhdt'Leasilsr tt Leader's optiaa, upon notice to Borrower, may make such appearenr:-s, ds[iurse such
<br />writs and ukc such asuoa O is staoaaaary to protoct I.eoder's =meraf, incdttding. but nai t;m:ted to; disburserncnt of
<br />ryYOaabde .etorrtey's faw arid' entry upata ibe PPrropertyy to make -ep 'i-,. tf Lender rcquirtd mortgq :nsurance as a
<br />t:cwdltion of makiag the loan securaC by this Deed; of Trust, Boroowc, shelf pay the rremiuins rcquire~o mamt=tiin such
<br />iiaunnet is etYac; until ouch time u iht requirement far such rsu.an_c zf:rrnina~c< ,+c::ardance w+fh $anewcr's and
<br />lender's written, agrrxmeat or appttceble law. Borrower shall'pay cac amrunto: ail nqr{~~ insurance premiums in the
<br />manna prav:dtd under par+t~spb ~ i+crrol.
<br />Aeeryry attwtata 6iabuned by Leoder putttsant to this puagraph 7; wish inzertsi thcrtoa, shalt Ixcame add+tional
<br />irsdsbiedttesr at Borrower sttcurad by this Dead o! Twat. Unhss Borrower acid !.ender agree io other dtrmti at payment, such
<br />a+noitzttc sfsatf be payatrk upon, rwtscc from LrndeF to Borrowez nqueating payment thertat, and shalt l+car inttrcst from the
<br />[fats of dittbt.raetsttutt at the rate psyabic [man time to time on ottfstanding prmcapat under iftt "ate unicsa payment ae intctcat
<br />w such. rrtc would be coavarl to applicable taw. 'rn which event +tirh'ansoants shay hc^r, inrerest as the .highest rote
<br />parmisaihie trrc9er applicable taw, \othing cc+ruainta +n this psragraph 7 shat! aequirc:Lendtr to •~,cur any expense or [clef
<br />any action[ hercundcr.
<br />R i~ibw. Y.endtr may makeer czusc tc be made reas~'~ h ctr+~ tepa>n an+ nspe , :,~s tEtPrape~rty. pr+i+idrd
<br />sh+.¢ Lender snail girt AoStawcr nJi,<eyr;~r to say s+xh inspeCm axc~'ping rtasATAah'e c +t+ ~l,ar -r-ta,ed r~ l.rn+ies`x
<br />+n~cesr •.n tit fronerty
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