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<br />8~-~i03730
<br />l:Nn'oti fstGovtvatirs. Harrower and f.tndercavcnant and agree as fa7laws:
<br />t. Payment. $f Prlncipaland fateresr.. Btarrower shallpramptly 'pa}' w`hendire the principal of and interest on the
<br />end ~.;cdoess eviderieed by Ihe:Note, prepayment: and fait ::harges ms provided in the'NOte; and the principal of and interest
<br />cr, ~tns Fi+~ure Advances secured 6} 'h s Dee~t of TritsC. :
<br />f Boeds for Taxes and Trowance Subject to applicabirtaw or to a written waiver ?ry Lender, Borrower shall pay
<br />to [ nd r on rht day manthh insiallr ehr of prtncrpal and interest are payablt under the Note„until the ;vote is paidin full.
<br />a s.im :hcrea• "Funds') equal to r~ ,~,:Ifth of the"}ear!}taxes and assessments which may attain piiority over ffi~s
<br />i>ecd of fn~st. and 1¢r'oumf rtnt+ on the ['ral+ert_ , .f any;.pius oue-tw~tlfth of yearly premium installments fortiazard insurance.
<br />plus orte-twe?tih of yearly premir.m ;ns?allmrn;c for mottgage4nsurance:if any. all asreasanatityestimatcdanitially and-f ram
<br />rime to time h}' Lender on he bass ` asSessiltcnis and bdis and-rtasoriable estimatesthereof. '.
<br />The f=unds shalt ht tr_Id ~n an stitutien the deposits oraeca:nts of which arcinsured or guaranteed by a Federal or-
<br />' start agency (including Lender if L,enderis sc..6 =n institution}-: Lendershall applyahe-Fundsto pay said taxes, assessmentr.
<br />snsu rtiLe premiums aril gro ~nd ren~a. Gender may not:chargeFar so holdingand applyingthe Funds, analysing saictaccount
<br />prro~.rfyirg and compjhng ,aid assessments and bills, tin!ess Lcntler pays Borrower interest on the Fundsand apphcablc law
<br />permits Lender to.make such ~haree: Barraw'cr and Lnder may agree m: writing nt the. tame of execution 'of this
<br />'Dcei~l of Trust that,'tnteresr art the Funds shall be; maid .o Borrower. and unless Birch agrccmentis made ar applicable law
<br />.requires such inicrestdt+tte-paid. 1-ender shall nctberequred ro pay Borrower anyinterest or earnings on the: Funds. !.ender
<br />Bliss! give to-Bnrrower; wirhapt chargr, an annuataccounting. ofthe Fundshowmg ci+edtis and :debit. to the Funds:and the
<br />::purpose farwhichcachdebi? to vhe Funds was made- The Fcrdsare pledged ac:addetianalsecunty for; the sumssti:.ured
<br />by thrs Iked of Truss;
<br />If the amount df the Funds .+elti hw i:tntler. together with the futttre'manthlyinsYallmcnts of Funds payable prior t<
<br />theduedatcsoftaxrts. assessn+cn•~.,.irrsutancepremiumsand groutuf rentt;shall exeetdthe amaun[:rcquiredfo pay;said'.taxcs,
<br />astiessmcros, itsurance premiumsandground rentssis iheyfalf due.suc#i eYt:ess shah tic.at Borrower's t+pttan;cither
<br />promptly repaid to Borrower or credited-ta Borrower z+r.:.marNhty .installments of Furrdc If •the atrigirnt of the:.Funds
<br />tietd by Isntlershatl not be. sufficirnrto.Fay txes,assesxments; insurance premiums and gmtmd rents' as they fall' due.
<br />Borrower ;hallpaytptsendcr any arttaunzatecessaryta makoup the deficietxcywithid3tl dayx fn,m thedatcaoticeismailed
<br />by l slider la Borrotrcr regttestiug payment thereof...:
<br />iJpo[tpaYmm<infull a!'a~fsumsseccrred by shsDerdof'I~rust, Lender shatlpramptty refund is Borrower any Funds
<br />held by finder. If tinder para~ra~rtt 3$ hereof the PTopcriv >: sold zit the Property is otherwise acquired by t ender. Lender
<br />shat( apply: na later than immediately pniar to the sale nt the Pmpeny <x us acgtizircan try tender, any Funds held by
<br />f:etuln at tlic time of application as a credit.. against the sums secured by this L~z~d of Trust.
<br />3, A}}Ytslbn: o[ 1'ayaewts. Tiniess apphcatalt 'saw' per»'ides atherwrse, a1T payments reci5ia~ed bc.T:ender under the
<br />;Vo[K and'.paragraphsl. and 3 hereof shall-tit apppliedhu Lenderf+rst ,n. paymtnt of amaurts payable 11 E.endcr by. :Borrower
<br />under paragraph 2Ttcrmf, timnto interest payairteanihc Yaie::t!ter. to the pzincipat ol` the Nate. and. then to interest and
<br />prtnctpai'on arty Future Advanzxs. :
<br />1. Cb~r~ L3eae. Aarrower shallpay aR tatts;acsessments .anc3 other charges; finis and itnposru~ns anributabie to
<br />thehroputgwhichmay attain a priority avecihis Decd o#Tntst,and leaseholdpaymcnts arground rents. if any.: in flip
<br />mttnrser' pravided under paragraph 2 herecsfor, ii r+at paid in such manrrer.by Barrow•cr making paymcnt;u•hen due; directly :..
<br />tis the pzytx:tlfermf.' Borrower shall prompiiy furnislita 1_cnsitr all novices of amounts due under this paragraph, and in the
<br />eveatBorrowershaltritakepayntent direczfy;.Bairri>wer shaitpramptly..furnesh to i>endcrreceip[scvidtnnng Stich payments.
<br />::Borrawersbafi prampti}'tlischargc any lien whteh-hasprtorit}'. over thtsl:)ced of Trustprovided,that Jorrowcr shalf:no+ he
<br />regwrcd.todischar;goanysitch. item so Inngsx Borrvwtr ,hall agree rn w.rising to ihepaymentai' the abligaunn secured h~•
<br />such Benin: amanner: acceptable roLender, or shad ingoozi faith antestsuch hen hy:.ar defencienfarcement of such:licn in.
<br />kgal pproceetfingswhich operaisto prtvrntthe enfarcrmentcrf th^ +rert?r farfeiture:c+f the..Property ar any pat ttherec.f.
<br />S: Berri Iwara~ee. HOrrawcrshalt 3ceep thcimprnvemene, u.+µ csnting or 'hereafter erected on the.Property`insured
<br />' againsrloas by fire:„hazards ittcludedwithen'the term'"extended sovcrage' , andsuchother hazards es i..cnder mayr~~quirt
<br />attd in xi[ch atrwunts and for such periaJs as' I..cndcc ma} requtrc; t"+'s idtd, that Fender whxll nrn rcqutre that tht amouni'af
<br />.:such coverage uceetd that arrtouru of coverage requ?red in pay. ;4tc >ums secured by this Decd. at 'I nest.
<br />'ll+c munt[tce dottier providing the insaratxc 4ha11 t+e clr.>un 1+y Rartt+wcc subject k) approsal by [.ender: prnvidc;i.
<br />that ttuch approval shall ttarbe unteuonably withheld All preimtuns un insurance policies shall he pattij in the'mannsr
<br />providat under pttratraph 2:ltercot er, if twt paidin rush-.manner, by Barrcnvcr-.znaking payment, when dtle,direclly:tathe
<br />iOWr'anee Cattle(.
<br />Ail lttwrance poli4ics and rc[xwals aJrctt~+t >hail trt +n form acrcixablc is i.tnder and ,hail anciudc a standard mcrtg.zi;~
<br />clause in favgr of and in form sn:ecptabtc to Lcndtr f.endt~ shall "aye 4tie nght ra hold the lwhctes and renewals thereol.
<br />and Borrower shallpramptiy-furnicit.ro i.endcr ail rcnewa4 xnices and ahrcictprs ol:.pnidpremiums. 1nihe cvemuf loss,
<br />Borrower shall give prampl ttgtict to the. ~*„Vr~i .c• s.+rr~cr .,,sS Lcndtr: Lender tnay make proof at toss sf not madeprtitnptiy
<br />by Borroiaec
<br />Uaiess:Lertderaad Btxrawer+.>thervvese agree .n ~r +~~-.i;.:nwr.snzc nr<.reezls ,hell be applied to restoration arrepau «1
<br />thc,Property damaged; provlde,f stilt ec!.[oration at rep.+~, . +,~.~nu~.+il} ~caeitk .~ni1 +hs uauriq ai tha bred of'Trusr is
<br />not therebgunpa6rttt. if such r'CYiOration ixropatr s+ trot c~.•nom,~.ufy tcao~blt or ~: the ,c.urity of flits lleed c'+( frus{.watdd
<br />bt: tmpairaf, the inutrance pretdeeds shall lye applied to the sum. cesu:rd hythic C~rrd of Trust, wnh the excess, rf an}•, paid
<br />to Harrower. ff fhc-.Property is abandonocz fiy Borrawtr,ar ,: Horrowtr fatls.to respzrrtd m lender wnhin. 3L) daysFrnmnc~
<br />date notice is maiied,by i.utdcr to Borrower that the tnsoranse ,art+cr nlicr~, to settle a ~ .+im For insurancg ttenefits, l.endei
<br />is authorizal to collect anti apply the insurattcc prateds at I cnder's option anher to restarauan ar repair of the Property
<br />ar to the sums suttred by xhrs Dt:ed of Trust,
<br />U[fless !.ender attd Borrower otherwte agree ,n wt+ting, an} wch application of pracrads; us prtncipai stsail not extend
<br />ur pastporte thedue date of the-mottihly. instatititenisreferred:ta to paragraphs 1 and 2 hereof or change the amount of
<br />such rnstaliments. ff under pangrap6 lh herezaf the l'!roperty is acqurred by T.cndrr; ati r+ght; title and interest z7f 13orrowcr
<br />in attd to an} insurance policies atttl m and to the pcoetedx thereof rrsuhng born damage to the Property pnor,to the salt
<br />or aer#visition shal3:pnas to T.etti~er to thecxteni of tltcsums secured byth»Decd of "!'rust immulrateiv prior to wch saleor:
<br />acquurtian. r.
<br />a. htaervttrtioa tttad MaiNeaawce ofTroperty';E.eavehoids: Condominiwms; PMnard Unit Ueveiopmeats. Bafrv'A~,
<br />shall keep the Proper} m good. report and shall not carnm+Lwaxte r jq;rmtt impairment ar:zktenaraun».. of the Yrapertp
<br />a nil shall comply wrihthe pruvlsiamt of anyaease if [hss Deed ofTrus, is on :, leasehold. It this Dn:d of Trust rs on a;:r.~t Yn ::
<br />condominium or a p}antted unltdz:velopment, Borrai+:.er strallpedornr ;,.? of f3arrowtr'., ot,hga3~um, under ihedeciarario^
<br />or covenants creating. or governing thecondamhium or:plannezf unit des'ciapment. slit by-lawn ~.nJ reguiaii~r.s rf the
<br />.:ondominium or pfaaned remit dtveioptncnt, and canstuuent;documeau. tt :, ~andc,rti»ium 6r pi:+r,ncd ,:nit dcvelaprncn:
<br />rider is czccuted by Boaavvcr andreeordeei together wish this: Deedot Trust, 'he covenant:, aad egrecn:cns .,l such riser
<br />shat! be incorporated into snd shaft amend and suppierunt thecovenant. any agreements of thisbeed of fire si ~s .` the rider
<br />wtrc a part hereof.
<br />7. l+raectba of [.cndrr's Security If Borrower Eaiis to petfomt ifte covenants aitd:agreemenis ;:. ~t a,r,~d in :i;is
<br />TJeed oC Tiust. or if any actron or pr'ocecdingis.._osnrncnced..whi¢:hmutcnalt+.afftcts T.,endtris:interest ,.r +tc Pro~:r:..
<br />;nchxling, but rwt iim;ted to, erainart domain, iasalveacy, code enfarcentcut, or arrangementsar pnr~tcd _. r.o!~~.,~c :~
<br />ban¢ntpt or decedent, thtr. Lender at Tinders option, uywn noticetdHorr:7wcr, may..makesuch' 7pe:rm-iL. '.our.z s_
<br />. ,,.
<br />suns and t~kc such xtien y is necessary to jx(steet Lcndeza in ,r e;'. snduding,: baf „ai liiniked te, 1 I. . -u. ~. 1 ,i.
<br />reasonable anorney's toes and entry it lion :M. Properly ro make rcpair_ tl f~cnder rcqutrgd mot g:,ge i:~ c
<br />conditsoo of making the ]oan <ecured Ise- the Betdof Trust. 13o r x_ ,. m!! pay lheprtnuunrs ydred t c~ c,. ~ah.
<br />ituurance in ctiett until stu;h time u the reyuiremert for such irwrinceterminat,esrn accardaao~ •.r~ih e~ rn=wcr3 ~,1
<br />Len.9tr's written agree,rtsnt or app! i;;thle 1uw-. Bor-ew c: shall p.Y nc err,,, .^~ •,f ail ntort.ga~+e: "zsu~ancc r,+;~.,n;a n:,•
<br />manner pro'•`ided under Paragraph 2 tx:ra:f
<br />Any amounts disbursedby Lrnd.r pursuant thu paragraph 7, in .nteresr the: cur .•al ,, .~ _,~~;tt,
<br />irulebttefness of Fiorrowtr secured D} this Tie o Tru, 1 Ir s Ho n r a of I da agr~ roathcr r s s a +-r, n~ h
<br />anxnvris shall Pte payab[a upon motet from 1 eve' r to &a z. s reti n in4 pa m t»ercaf .end r ~ t4.. i ,ter i r „ t`tc
<br />date of disbursement at rho talc payable from trine w rime or. o...;t ~ uir-g ;-r a opal ur,.9cr the Ao:~ res~ pa}r ci i ~•t ~mtmst '
<br />at wc!5 talc would be contrary h: applwa'?1e 'a°A-. in w~i~-t vv s' ~u~h :mints Nall !~rar ~r sere;: r,l i~•c ', ry;hcwl r-qtr
<br />perrnissihit under applic aYile saw. 1otf.ing contn,ncd in .!t+: paragraph i sh. h tcyuirc Lcnd,;.r 'n -;tar ec,•, c,periSr or take.
<br />arty xtian hercur,der.
<br />b. iaR~eetWw_ Fsrtder may make. ciF cause to a tad,. les~.,rcalztc ,:anc `nsp.~<t of ~ • F;c P. }. ~*c. (u,+s :dell.
<br />.that L,endtr shall gisc Ik rrmxer avticr pi^.., to nnq ~:uch fnS~~C?ion sprrifyng ea . ,.~:,kgt.,aao-r, t~ .e.-> 'G%a r.: ;.:. f.endes''s
<br />intrresi rn vhe Prooer'ty.
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