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<br />1 <br /># <br />t. <br />82 -- ~ <br />IJ?"iFORM Covt?NA!v7's. Borse>wer and i_endrr a?vcnant and agree as fo#tews: ~i L' ?-~ `~ '"' ' <br />I. Payemat of Prtneipal and Interest. Harrower shal# promptly pay whcti due the principal of and iM.exe.t i]~ the <br />+adehtrdnrws eeiefenced tsy the3sioae, prepaymentand #atecli avers as provided in the.Nute,'and. the princrliai of andinteresi <br />on am Furirrc Ach•ances secttredb}` ihi<b rd of Trost. -. <br />.3. F`ateAls for Taxat: and tttwrance Subject to applicable Saw car to a wr:teen waiver by Lender, Bortowet shall pay <br />ic? Lender on tin day mo»dily vnxtaliments o[ gnn •#pal and interesi arc payahlr under the Note, until the Note is paid in full, <br />asurn the'rcia "Funds"lequai'to oar-tweltih of the yearly razes tad assessinrntcwhtch may attain priurityoverihis <br />!?eed of Trust, artd ground xents'on the Pmprttt, if any,plus one-twelfth ofyearly premium instailmerts forhazard insurance. <br />plus one-twctfih of yearl}~ Rremum tnstaNrnenis Cor n>Jngagc insurance. tf any, ali asreasortably ettimaied initially and.:frnm <br />temeiotintebrLendex on the: basisofa~srssmrnes and 1±dls and reasonableeshmaies tberrof. <br />Thr Florets strait be held in ~n mstitutinn ihttdt:pacits'oraccountsof which are-insttredercuaranteedhy a Frdei•irl or <br />sense agency. ti?x.fuding Lrndrr if Lender is such an. instttutioni:. i,endcr thailapply the Funds to pay said taxer axses.ment,. <br />insurutce.Fremiumsand griaund rents: Lar:<!er may natehargr For sn holdingand applying. the Funds, analyzing said account <br />orvcn€yiixg and!'cetnpiling said asstssmenix and hills; ud#ess C4ndex pays 13um~'a•rr intcrestonthe Funds ar]d appliat:~lc late <br />pcrmrix I.rrtdor to make loch arharge. Bcxrewrr and hander may ag rcr =n renting at the time of .exec rtinn t th:s <br />Ikrd of Traxt tharintetrtttron the Funds vhati br }xaid to l3orxower,-and unt_ c~#i agrerment'is made o: Jppi;cahie law <br />requtrv-xsuchinfertst ti?. he paid.l..rndcr sk:rlt n<?i lent rrautzed topav Bnrrn h- r -nr ,nr, ~e~t or catalogs tin ?he Fund. (.cr.der <br />sdsali ,give tq liorrowcr. witlKrut charge. an-annua#. as'cettnteng-atthc f:mds chp.u=.. crcdets anddehtt tq ibe Funds :m~ the <br />gurpose fist which each Qtbie eo the Fithdx was made. The Funds are' pledged a~ additit5nal security for the earns secured <br />by this Decd ctFTrust. <br />Cft~seamauntofthr-Funds held bt Leader, together with the futuretcutnthly itvsrailmcnts of Funds payahie pear to <br />the due dates of:taxe<, assecstnems: insurance premtiamx and ground rcnis;cbati rxercdthr a:itount i'rttuimd.topay t:.t 1 ta~~~s. <br />assessments, iasuranceprctnium>.a~dgmurni rents asihr~ 1aSldue, wchencexsshait he. st:Borrowrt's:Rptic:n, either <br />promRttyrcpatid tn$urrowerutcreditedtts Borrc?wes: a+nmonth#g icwaiituents cfFunds. Ifs the amoetntaY the Fund1 <br />Pieid tsv l.,enefrr shall neat t*c suffietent ?apav saner, ascestmentK; in<ur-acx~c:. premiums end ground rents ss they f.r)i du<. <br />$or. y+?.~cr shell Ray zo I;xsvda:'.r any atnoamt. rrrreYxary to maJ.c up the drficicnc~' w+thin ?i: days fmm ihedate i;:~t iii is maiicri <br />bg Lrsnder to Barrosver regixstrttg,ga}•~ent zhurot. <br />`,Tessa paytttcnt in €ui! of art stores secured by ihra- A-ed ot. Trost I e~c5cr ~h ;!f l+•nm; by refund to gprmv,rr env Funds <br />1seW I ^ 1 ender Ff under ¢arz~ratth Fg herect ?}ic Pmx{rtr s~Id - he n '~^~ ' .herwt<e acgwrrd by tender I ender <br />she t apple. acs iaterthan trrrmed3atdv prrcnr a+ r6e eats +t i c ?rr~rrv r i:z q.etvt=•?n bx Ls:nder. Irv ~l'unt+; hci,i h}' <br />:I.Gndnr at el+c. urrsc of aRpti~idn as a credit age n t t h ,:.t r -d r . i_k:e 1 r~r T'rnir. <br />9, +#pplkstiow of 'Tayweeis. tJnle« ,fit ,;b5< ~ ~.#s; , i c r+rse, a.l pav~ntx E1*ctiued 6}~ Lender under the <br />I`l"crrcaadpmxagraphsi sad.',isrroi xhaibi+c apntmct h: ! , u-- r9r~a -~ pavrnr:rt nt a,>]oontspayatitetoLandex by nnrn,wcr <br />trader panagrxgh ~ hrrmf: then to meuot eati ~ Mr ::,r.: rv- rL. r_L .e. tic p. n psi u the ?V~crre; and ttxem as intc~t and <br />prirxtgai onany Future Advutres. <br />d.:.Ctsar=es:, I.ieaa- B:~rr<rwcr th;+t: p .,. .-..t. c+. .n ~: esther rha rge,. 6rscs and. mpoxrtronx.: ]ttrrhutahlc i~+ <br />the P'tr7gCefYwh%eti mag ;ttram a pr r < ^ ~::f i ru~a- nail !ea¢thofd paymrnfs ox gmund ranter. if any.. in the <br />rnaantr gFEiVided tsardcr izatagnph ~ wcrccr~ ~,r t r t pat,l m o.,,p t,tau•.; r, by~Bcxnrvcxmaktng'paymrnt;'whcndue, diroafy <br />t'eY the RayCC'Sht'rroi &xrt)w cr ~haa t.rernpuy f smsl: :.~ 1 c^.r.r ~I( rx9nCex4l a[nPitCn dae Under LlitS pa[agraysh.and in the <br />avast Htvr~riroer il]aa r;nic P~)rne:v a,r rc~t!s H,,r rL~.>. r- cna!i , ramptly •rnish tz`Lertr3er tree]pu,evedrncutg such paemenu. <br />6fsrttxnver shall }anmpt iy .faichat+; r, iCn ..h - •..:i. _„ti :.rt n.. Uicd ~a lr:+er pmwdccf, tltaC Bo*roa~rx shall not '[+c <br />regancdSOd*uhargc anti +.:.ch i+mr :<,r•¢ .:, la : ..cr jai. acrce ,. ~.nung .a ehc ;~osrne-•t ui rbe ohfrgatt .n rcL~uaa bs <br />titKh `~~cn +n a etia•:no auepta h!< ~.~ ~ u.-r, :_, a- peX ._ . est -.i ~h e cr tn, or Je(cnd taint cemeni et suet hCn in <br />i'cgal rcdm~s wh+ah +>pcra:c : ~ , r t^. ..;-rn~c ~:m tc t r~ ~~. '~c Prulrurty `r anY port ;better. <br />`. Retied tavri~t Roe ro,~e :~a.? Erep t rnt~r. ace.:. +. ..nt. _r t:rreahr. erect<<i nr. the Pr .nt~t~ ins~.tred <br />ag~rnst !oss ht F.re. hazards t:+c'udr it ]. ~tn6n the ?c r. r, ^r.. - ~.., .rrter ~ ... r.ut .1 w.h ,a her hazarJ, -t_ Lander reap reytun• <br />era! ,n r~.+n.~ smounu and _ +. w_ _: I c~~+.'r n a ~ _ 4.i. ~';a t c:+~Sr~ .h., i; ~,+t ivy ores that ?h< a+n~tunt +±I' <br />sCKh eV~~rr .ye exa<rJ that ama untt~ ;a~ .c. t,u id•.~ :r a-r;. .~.. u,cd h; ?h~? [hrti n', l iu>I <br />T'lK ~mtrranee .arrrer tr•~.,,ah tc :< .h all t ~ ,,. . ,+ r:+e .uh•.ct in 3}>pnr=.,l br I code:, pntvt<Ittt, <br />that xiDCfF app: nwa< shad not h<~unrrawr+ast!w ..~thhr;d 0..I prvruwn. ~ ~usv]an:< ;u+Lacx ?hall tv~ nerd to the manner <br />~ok+idetl aiM~er parxjzap6 ~ Rercvt at, :` nett na:c -a wen rnanrc;. rs Sore+.~r.cr mukrng payrncnt, when due, dvctlr' to the <br />i64tiRytaCC.Carrter. <br />1G :muron.r ;arL.rca sail irt+< . _.. •. irts)I •+., ;+ritde. r ~ I c~,.kt .rJ .h.,tll ~v,k .tan 1-tnl in clflt~.it;c• <br />Clau~ein fns-:?r r? sad m iaa rt a,.sct t„ :c r.. ,tart c is .... .c• t}ar .;ght I:! halo the 1+rrltt xs .tad •~neu ui; 1RCrc:.?I. <br />+ ~i s, <br />#ysd ll4rrow er rl:ail ps LKnptts.:•?t o.ro ~. f itn.ic t., .,-new ],.•t ~c c, r " r,, repro .I r t ]1 {~rcmunm In the s ~rN s:. <br />B'orr.}w<r nttxi, Htv: pr•.+nropl :wx:,c 1. .tit ~ r.;:r.~rr.. ] ai: i i ..r.k: i _ .t' rt.t. 'nnl,c (~t.x,i ~+! 1.,,; ! •,•+t r ]:tile , +tr~ tlt- <br />ir1' BururWrf <br />C_lAf<ror 1 cnc~4+ ~n~~ 8nrrvwcr ~-: f.r:w.ac ~ v i ++~i ,.., ,,,, ~ is •.4sc '. +h.;h Its. appi:cd n ~~u,t.r;irn ~- rip[rtr oS <br />ghaPrvpera da+rogcl. 1` +.e+kd .~. h _~•r cps <. -, -, „hle .c+d trtr , • ay +; ?h:, Orel :. I rust :• <br />nest tEeetrhs :m; e]r<d. li r.,,.h ,c,t,:"a+.:n.., ,p.. ~, .,.,., 1 s. i~i< ,( ter -, utr, ty-,a na. 11ccd .J I ~,+t -+~,uIG <br />teC ~erlpave.{_'hc_,nsurntsr pr~n:ceds r>+ad tr dpi •. +t - -...t+. _, e Loa . t tun a the t cis. 1 any. <br />tp BiMSVwei I' iYrc !'rr~r,~rrtY >h.en~i~~rrc.; n~ rt. _~ .t fi:~rr _ _a+i: r<, p.: n11 ?+ ie=t<lrr k]I httt~l1 daY~ Irum lh:' <br />dace niK~.<r t<, n]•„cd ci i t.tdet ae &xt.+,. e.; :. t .. .. -dcr+ t ~ +r. a;a ~ ~ rr] a~~ ~r tnran.'r tie ,c tits, { s•]Jer <br />is authvrs7cd tL ...;.act nail ::ppiy the mst]ran~, __rcd ~. ac4cr~u +:~: our c tt+cr ht +es r+re;..+re v. •epatr .:, 'he Fral+:-rt] <br />~C fa Lhc sum. scrr_r rd by at~s 'Jrcd ++i , . ,:,i <br />._ naic Lrnvter a_w1 H.:en+wu niher,. nc ..g. __ b.. . th ,.: {±t,ra .. c.1s t+ pn i pal ltaH r..]; atcnd <br />r z ;+r]s^prxx< [he ,1 uc date ++, tn< t.>`tu.etir .•. ~.-t.,ur, ~c tsu cJ +• .etagr a, h• cnx,l r ~ .Yta u~ro the . trw rut t o; <br />nosh n~ta:hu<.ra>. IC r. a.;<s Iw: as-r~r{t ~.. -!-,r i'n.t a.,a "- ~ I _. 'cr~„ ttilc anJ ~* Ict~st c at3t,rrn»cr <br />+.y artd `o ant insu'nnCC t:, r.c.e. ast,, t -, ne m ,vc-. .nc r_. .~.Gltng' .ati .": 'he Ya!tY'. Y' tors t;t the stt <br />.. niy sled n>n tali pss iv 1.coGec t .. -c a..e ,•_ ..u ~ _.+.... ~. _r :hn 'i 1+~~~~.1 ru>. rv.;a,u:a6u, pt.or to Such s.,le ]+~ <br />aG4uaertacan. <br />ri. Trricr. aGou sbd ~talNrnsucr .,: t'r.,prrrr; ix2+e b..ld.; Ci.nd.rminiasnn; Plsnssed <_net SYevriopwxnls. Hoe n,~. cr <br />, • AMY}+ ;n-. }'' -iKfi~ F.. ,. _ i a _.. _ L'! + i ._ i(1< #+'.i}~CtI'. <br />.:ad shalt n.: F+~ u.,tA th. rrosrs~+~rL, ....] ~ ::., ! ~... . ,.. , t..,. I e D<u] ~I !?ust + t. -. .. <br />+ , r :; - t.. ~ , ; <br />r~tnc?cun.nssm _. ~ pia r., c:• a ++. 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