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<br />LJNIt'ORM Covr•.weNrs. Borrower and Lender covenant and agree as follows:
<br />1. Payatent of Ptitteiprl aad hNetttsR. Borrower shall promptly pay when due the principal of and imerest on the
<br />indebtednaca evidenced by the Note. prepayttrrnt and late charges as provided in the Note, and the principal of and interest
<br />on ang Futtree Advances secured by this Dad of Tntst.
<br />2. Pmtts ta' Taees mtd (tumamre. Subject to applicable law ar to a written waiver by [,cutter, Borrowu shall pay
<br />to finder ah the day monthly installments of principal and interest are payable under the Note. omit the Note is paid in full,
<br />a arm therein "F»itds") equal to one-twelfth of the yearly [aces and assessments which may attain priority over this
<br />Deed of Tnu4 and ground rents on the Progeny, if any, plus oat-twelfth of yearly premium installments for hazazd insurance.
<br />plus olu-twelfth of yearly premium installments (or mongage insurance, if any, all as reasanabty estimated initially and from
<br />Mime to time by L.cnder on the basis of asxasments and bills and reasonable estimates thereo (.
<br />The Funds shall be held in an irtstihrtiun the deposits or accounts of which arc insured or guaranteed by a Federal or
<br />state agency {includeng Lender tf Lendei is stu:h an instiunion t. f.erttter shall apply the Funds to pay said razes, assessments.
<br />insurarce premiums and growd rents. Lender may not charge for so holding and applying the Funds, analyzing said account
<br />or verifying and compiling said assessments anti bills, unless Lender pays Borrower imerest tin the Funds and applicable taw
<br />permits t.rnder te+ make wch a charge. Bortnwer and Lender may agree: in writing at the time of execution tit this
<br />Deed of Tout that interest on the Funds shall be paid to Borrower, and unless such agreement is made or apphcahle law
<br />requires such interest to rte paid, (.ender shalt not lx required w pay Borrower any interest or earnings nn the Funds. Lender
<br />shaft give to Borrower, wntmut charke, an anmrei arcnunting of the Funds .how-rug credits and dthits to the Funds and the
<br />purpose for which tad[ debit to the Funds wss made. The Funds are pledged as additional security for the sums secutxd
<br />by then Dtai of Trust.
<br />If the amount of the Funds hdd by Lender, mgethtr with the furore mouthy instailmrnts ui Funds payable poor to
<br />the due dates of taxes, assessments, insurance premiums and ground rents, shall ex.-eed the amount required to pa}' sold taxes,
<br />assessments, insurance premwms and graafld rents as they tall dur, such cx~tss vhall tae, at Borrowers aptmn, either
<br />protptly repaid to Borrower or credited to Borrower on monthly installments of Funds If the amount of the Funds
<br />held by Lender shall no[ be sufScienl rn pay rases, assessments, insurance premiums and ground rents as they fall due.
<br />Borrower shall pay ro Lender any amount necessary to make up the deficteney w,thm }p da}s linen the date notice is mailed
<br />by Lender to Borrower regtlestiag payraeni thetsxti.
<br />Upon paymrnl in full of all sums secured by then Deed of frost. Lender ,halt prentpt?v refund to Burrower any Funds
<br />held by Lender. If tinder paragraph IR hereof the Property ,c ,old t)r the Progerg :c o;nrnuae acyuircd by tinddr r. t-ender
<br />shall apply, na Later than immrdiatdy poor m the wle ui the f'mPeny ur its acyuiutum he Lender, an}^ Funds held by
<br />Linder at the time of appliniion as a credit against the sums secured by ifis Peed tit "(rust
<br />~. Application of Parareats. ti mess apphcahle law pmv,de, .~therwrsr. all gavmeats recn,r.t ev Lender under the
<br />Nnrc anti gaeagraphs i and 3 hereof sltaii tx- apptrc-d I+p t codes art :n ga}ment of amo:mr payabS.: ,,. f rndtr by Sormw'er
<br />under paragraph 2 hera+f, then to mteresr payable nn the Notc.:hen u+ the pnnapat of the Note and then to imerest and
<br />principal nn any Future Advatxcs.
<br />1. Chariest f.ieas. Bnrmwer shalt pap a!I taxer. assessmc^:; am! ,dher etaarges tines .+n;t ~mpa»ninns annbutahle to
<br />the Property which rnap attain a gooney over then t)eetl of ~Tnut. sent Itasrtaold pavmcrts or ground tents, if any, in the
<br />mattnef grovelled tinder paragraph L herrnf or. if :tin ; aitl in ouch mantic, 6y Bnrmwer making payment, when dot, directly
<br />ro the payer thereof. &~rrower shag promptly lurnixh to Len:kr ail txnrcc. tit annzuntc dur andre €hrs paragraph, and in the
<br />event Burrower shalt matt paymen[ directly, Burrower shall prurttptly turmsh to Lrntker rrreegts evtslencrng such payments.
<br />Borrower shalt promptly dischuge anv lien which has gooney over then tJeed t•t force: prnvnkJ, that Norn)wer shall neat tt
<br />ragweed to discharge any such Sion sit tong as Bcirmwer ,hall aYrer m writrng to the paymem of the obhgatmn secured b}'
<br />surfi t+en to a manner acaxptahtt to Lrsder, or shall +n gotwi faith _ontest .ocn Oren iiy, nr .irtrnd enfcarcemrl)t of each hen rn,
<br />Segal pprn:.tedings whrch operate to pit vein tare enforccmrnt :d tPe hen a,r fortciturc t,t the Progeny or an}' gait thereof.
<br />S. Hazard luw('ate. Borrower shad keep the rmgrovemenu rmw estaung tx hrrcsfter rrccteat .,n the Property insured
<br />against loss by $tt. hazards intltlded within the term "extended coverage ". and sxh other hazards as !..ender may requrrr
<br />and in such attx>unts and f<x strch gennds as I.rntier mar reyu.re; provrded.:hat LrrazStt ;halt not rryuirr that the amount tat
<br />such coverage exceed that amcaunt of cuvtrsge regmrcd to pay the sums uurcd h} thu C)trd at 'inrst.
<br />~Ihe insurame carrier pravidmg the mwranee snail tae claaven by Aorntw-er suhFta'r to approval by tender: prnvrdeJ.
<br />that arch approval shot not be unreasunabty wdhhcld. Alt prerciiums tin +nsuranrt putit:tts shalt tae gold in lire mouser
<br />provided trader paragraph '- hereof ax. +f cwt y~td +n stuh =nanar. by &anewer cooking payment, whin deu. dittrtly to ttte
<br />iIIattraOCC gTt2lf.
<br />Ail tawtance poln-ic slid rerttwals !f:rrcY.r shat{ ht :n term accegisbte eo fsrdtr and +hait anctustr a star:dard rnungage
<br />daunt in lave( 02 acrd in farm acceplaMe to Lrndec. Lcntter +haSl have the right to txalal the Lwtic its and rrnrwats thereof.
<br />sad BorrarKS:r shall promptly {urnah to Lrnafer atl reruwat notrcrs and .d! rea:etgts nt gold premntms- In the event of lass,
<br />Borrower shalt gyve prompt notrce to the =awraitce ;:arner and I_rntkr !.seeder mss make prm+f nt tangy ei not made promptly
<br />hY Itorrower-
<br />U'nleu Lender sled Burrower .,rherw:rsr agree m wnimg, rrwrsrxe .>r seeds .hat! !t agpl,ed to restoration ur cepntt of
<br />rite Prnpen}^ damaged, ptoviated strch ~estaxattuu z,r :[parr .s .-z:nmNnrc:ait} arasthk ;std the ,, titutty t*i [has 1}rtd of Trust rc
<br />not thrreby +mpau ed If such testwatwn x regale n nut ecnnoml:agy scaxrble o.= +i the section' of then Ihed o1 Tntst would
<br />6e impatreat, the +Faxrrame prracards shalt tar apglittl to [tar sums stturcd t>y then !?red .d foist, wuh the excess. ri any. gold
<br />ro Borrower. if the ProprrtV n abandorte.l by Borrower, t+r tt Ba>rrnwer tabs to respanu ter t .eider wuhrn 10 days from the
<br />date nutrct is mailed M Comics [o Borrower that the ~nsunmr canter otters to sleek a .[arm for msurancr tarnrfit<. Lrntkr
<br />IS iwihoilZtd to cofkt:i sad apply [fit InSUfanCr tN'tY'rrd3 at I.Cratftl Y optKNt r.thCr t4: rc51i)f:tt;itFt ni legal[ of the Progeny
<br />or to the stems terurtd by [has deed asf Trvst-
<br />lJnltoa Lender sod Borntwer uttterwtx agree on wntrng, ,toy Sarin appe tcatnNa of pnN:reds to prtrtetpaS shall not extend
<br />ur postpmte the dix data . f ttrt :tnmht} m~tattmrnu reftntJ ti+ +n tvyragraphs I ,end ~ hereat ur change the atrtnum of
<br />stir lnstallnxnts- It uxtder paragraph tri tteret)t the Propene ;~ acyuzrrxl nv L.nNkr, alt right, tide and urlcr est uE Borrower
<br />to and to any irtwrans:e psdi.-ies sad in and tt, tut gnecafs thercvl resulting [tom damage :o the Preapcrty prior to the sate
<br />or atxryisdion shah pass ua I.ertdrr to the rxirnt tit the shun sea:ured by ehrs Decd of Trtxst ,mmrdiutely pour to such sat ur
<br />acquaitiaa.
<br />~, 1!roer.atlwt soli ?sfitia4rrare ~ Prorerts; I.ertatltaMis: Ctsadamiaiam: Plartaed Lab Devtlopntettrs, 8orrnwer
<br />.hail keep the Propene m ga><'at rrgax and st+all tN.u .urom,t wavte .+: rrzmu ernpaumen, or t}rtrrtoraunn nt the Progert}-
<br />aad shalt comply with the pnwtu its of any Sease +f then Deed .,i Tr:rst ;s an a leasehold. If this deed of Tout ,. tin a time in _+
<br />cotedominium tx a pllrtned unit development, 8arrosvet xhaS! pcdorm sit of Borrowers ehl+gannns under iht deciar tion
<br />or eovtrtanb creating ur governing the ca>nduxa+nntna or plsrtrtrd amt development, the by-laws :end reguiatuins tit the
<br />combmittium tx plattrted um: development. and canslrtuent tiocvmtnts. 1f a cuntitrmemum or talannrd teen! :leech>pmrm
<br />rides is exertaai M Borrower and rerordtsf lug~ether wuh then heed of I rust. the covenants and agrtemcnts tit +uch rider
<br />s.~..'a: w ;row p:.r.tc:; ,saF4 situ ss`roali a+nrrad amt suppicnxnt site cuvrnams ,+nsi agrremrnu tit thn trreai c>t i~ntst us .t tier ndtr
<br />seers a pen hereof.
<br />7, TratMstiaa d t.e+•ier's 5etwityr. If Borrower ta+Ct to pcrtorrrt the covenants and sgrerments ecuttarrred in ctn.
<br />Oktd of Ttusx, ru if say a;taun yr prc>sxediag is t1?rrurxruxd wha,ft nwttnaSly alrt'ts Lrndrr s rnterrst +n the Propeet}.
<br />teteittding, tttH nor Simrtrd ro, rns.nrni doma+n. trisotvrncy, cc.dc rafarrerittnt.:+i arrangrmrnrs .+r praxrrtiing. ,n.v}e:ng .,
<br />tynkzttpt ur +>R--~, then I,terler at Les~rr's naiaa, uocNS ucNia:r to Borrower. may make s:nh anr+earant:rs. 'rs!*++r.e wch
<br />semtt axad take srtah artrue+ as ?: necessary to '+rtNR\[ L.rttders ~nterest, ntcianivrg. but nut !t*mteel Eu, ;S e,t+.~ +„ :,!
<br />reaauraEie atenrnr}'a tats sad emry upam rite ~n,prrfy to oaakr regales It !.older °ryunru ,*+su tgsge r, a
<br />coaditwn of rrtal:irig tiK town secured 1*v than uedi tit T-rust. tkurnwrr shall gay tttr pray +,ums rcquirr.t tr, ,, . .,,;h
<br />taaYratKY ata L'ttKt Ua'il audt elate as the rellU/renitnt for :ueh +muranar lelrnmatb m acce,t stance wvttt ft,~rr.'w ct + ant!
<br />Leadp`i grritieN agreatseat W irabk taw BOrn>wrr shalt ;fay the ,amount ,r! ati rcvttttga~+e ,nwrans.e tarcensnmx ~r+ nc~
<br />ntsnaar pr@vaietl undue para~rapii : hrstxat
<br />Aay amomats datpapaiscd by C,tttt{et pursuant to this psragraglt ? wath ntrrasr ;tttreon vha!# :~r.omr ...Wnu.nat
<br />,asfatta of 8atrs,aret sasuttxd by eMs deed of Trust lntrxv BotrcNVar acid t rewire xgttt x, other trrr.:a ,,t pav+nent..uch
<br />a[taounts shaft tart payahk upux± trrrvux fnNai L.trndet +o Bnrtowrr :rgw-st,ng pa}nxnt ;hetcarf, and ahait t,rai ;utter.=r. Pram, t!+r
<br />dose of dWlatrsgnaatt at Itie ratty payaiite from tgtte to trine ~Ne „urstariding ptrncrpal tx-err the Nnte ,+ntrss #,eymrnt ,rt interest
<br />a6 such raft wssuW its atatirary to ripptteaMe taw. m whrsn event ,itch amnimta ,hat". bra: ,+ttettu at the h+ghett :ate
<br />parnYaeibla tirglat appticahta taw Ndhoap >va»Na+raM +tt ihs A._ragraph ' ,+teaip rtyruet Lende' t„ ,mtq' am c-atlatvt air cake
<br />aav tlMaon Mtrtxtadn:
<br />g. Lender they make ur : au'+e ts. trc tnade rtaee*na!+It erurare .aptan ,:act :;axiaak: t,v Nts +,l eta taragts[v. tu+,s sak<i
<br />that Lrrdar shots gave BWruvrm plathe pr:xd iu any sstsh atNptcta.n rpzs:d}cult claw»tnr*k ,.+u4a •hrrrt:~t rrtarraJ e., 1 rnakt .
<br />+attrpt sa the R*wtar[r.
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