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<br />8~--f10'~K1~
<br />UNIFORM COVENANTS. BOYrower and l.enJer covenant and agree as follows:
<br />I. Payment of Principal and Interest. Borrower shelf promptly pay when due the principal of and interest nn the
<br />indebtedness evidenced by the Note, prepayment net late charges as provided in the Note, and the principal of and interest
<br />on anv Future Advances scarred by this Deed of Tnist.
<br />~. Funds for Taxes and Irtsninnce. Subject to applicable law or to a +vritten waiver by Lender. Borrower shall p8y
<br />to [.ender nn the day monthly in<tailmenis of princpal and interest are payable under the Note, until the Note is paid in full,
<br />a sum {herein "Funds'i equal to one-twelfth of the }early taxes and assessments which may attain priority over ibis
<br />Deed of Trust, and ground rents on the Yropeny, it any, plus one-twelfth of yearly premium installments for hazard insurance.
<br />plus one-twelfth of yearly premium installmems for mortgage insurance, if any, all as reasonably estimated initially and from
<br />time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be held in :m institution the deposits or accounts of which are insured or guaranteed by a Federal or
<br />state agency {including !.ender it Lender is such an insiitmion). Lender shall apply the Funds to pay said taxes, assessments,
<br />insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds, analyzing said account
<br />or verifying and compiling said assessments and hills, unless !.ender pays Borrower interest on the Funds and applicable taw
<br />permits Lender to make ouch a charge. Borrower and Lender ma}• agree in writing at the time of execution of this
<br />Deed of Trust that interest an the Fund. shall be paid to Borrower, and unless such agreement is made nr applicable law
<br />requires such interest to ire paid, i.ender shall not be required a, pay Borrower anv interest ar earnings nn the Funds. -Lender
<br />shat! give to Borrower, withrnn charge. an annual accounting of the Funds showing credits and debits to the Funds and [he
<br />purpose For which each debit to the Fonds was made. The Funds arc pledged as additional security for the sums secured
<br />by this Deed of ?rust.
<br />If the amount of the Funds held by Lender. together with the future monthly installments of Funds payable prior to
<br />the due Jates of taxes, assessmenre, insurance premiums and ground rents, shall exceed the amoun[ required to pay said taxes.
<br />assessments, insurance premiums and ground rents as they tall due, such excess shall bz. at Borrower's option, either
<br />promptly repaid in Borrower or credited to Borrower on monthly installments of Funds. If the amount of the Funds
<br />held by Lender shall not be sufficient w pap taxes, assessments. insurance premiums and ground rents as they fall due.
<br />Borrower shall pay to Lender any amount necessary to make :rp the deficiency within 30 days from the date notice is mailed
<br />by Lender to Borrower requesting payment thereof.
<br />Upon payment in full of all sums secured by this DceJ ar Trust. Lender shall promptly refund to Borrower any Funds
<br />held by Lender. if under paragraph 1S hereof the Property is sold or the Property rs otherwise acyuired by Lender. Lender
<br />shall apply. no later than immedia[ely prior to the sale ni the Property ur its acyuisition by Linder, any Funds held by
<br />Lender at the time of application as a credo against the sums secured by this DeeJ of Trust.
<br />3. Application of Payments. Unless applicable !aw provides otherwise. all payments receive) by Lender under the
<br />Note and paragraphs i and 2 hereof shall be applied by Lender first :n paymem of anwunts payable to Lender by Borrower
<br />under paragraph 2 hereof, then to interest payable en the Nute, then to the principal of the Note. and then to interest and
<br />principal on any Future Advances.
<br />4. Charges; Liens. Burrower shall pay all raze,. assessment, an.i other charges. fines anJ ,mposnions attributable w
<br />the Property which may attain a priority over this Deed of Trust, and leasehold payments er ground rents, if any, in the
<br />manner provided under paragraph 2 hereof or, if nut paid in such manner, by Borrower making payment, when due. directly
<br />to [he payee thereof, Borrower shall promptly furnish to Lender :dl nonce, of anunuus due under this paragraph, and in the
<br />event Borrower shall make naymem directly, Burrower shall promptly furnish to Lender receipts evidencing such payments.
<br />Borrower shall promptly discharge ary lien s:~hich has pnonty~ +r.zr !!ra Deed of trust: prnrided, that Bormwzr shall not hz
<br />required to discharge any such lien so long :n Borrower shall ::grce in ,+ritin_ m the paprnent of the ahhgation secured by
<br />such hen in a manner acceptable to Lcndzr, or shall ;n good truth comet Bosh I,en hy, e+r JefenJ enlarcemznt of such hen in.
<br />legal proceedings which operate to prevent the en[orcemeut of the tree or Fnrreinm: „f the Property or any part thereof.
<br />5. Hazard Insurance. Borrower .hall keep the rmprtwements now e\i5ting or hereafter erected on the Propert}• insured
<br />against loss by fire, hazards included wi[hi^ the teen "zxtendzJ ,peerage". an+i such other hazards as Lender may rrquire
<br />and m Bach amounts and for such periods as I cm3er may reyuhe: provuizJ. ~h:n Lender .hall n.,t requrrc that rho amount of
<br />such coverage exceed that xrnaunt of cevzrage required io pay the Biers ,ecureil by rho DceJ of -tarsi.
<br />The insurance carrier providing the insurmco obeli be ~ ho,en F+ 13orrrecr >u 6l cct to appnn a3 h} I ender: provide).
<br />that such approval shall not bz unreasonahiy wuhheid. Ali premiums on inxu:utec poi,cies shall be paid in the manner
<br />provided under paragraph 2 hereof or, if not paid in such manuzr, by 8arrowzr making ,,aymem. when due. tiredly to the
<br />insurance carrier.
<br />All insurance polieizs and renewals rhenot shal3 be m in: m .rcceptahie u~ t en,ier anJ ,hn!i ;nchide a sr:nJarJ nn>rtgagz
<br />clause in favor of and in feint uczeptable ro 1_c'ndzr i_cnJer .hall ha+z the neht io holJ the policies ^nd reoe,sals thereof.
<br />and Borrower shalt promptly furnish to Lender ail rcircw al oarless and sH uwgrts +,f pmt prznuums. hr the event of loss.
<br />Borrower shall give prompt notice to the insurance currier anJ 1-ender. Lender ma+ mars pruot o€ los. it not made pramplly
<br />by Borrower.
<br />Unless Lender anJ Borrower otherwise agree m :+nimg, ,n,ucurcc }?rt+cezd~ .bah be applied to ia,iorunim or rep;ur of
<br />the Property damaged. provided such rest rrdion ar rc3 it ~. e n ni rii. -:i?Ic :-rd me securty al Qus UczJ of Lrust ~~
<br />not thereby impaired tf such resturauun +,r repau- r n x oauw -illy !a~r -t I- si ~i nc~ -+untp .+f the Dew ,+t Dust would
<br />be impairs), the insurance pmazzds shall be appheJ to the sum. seattrJ by the Ueed .,f 1 rust. w air the zs.-ass. ,i any. puiJ
<br />to Borrower. If the Propzr[y' is abauiloned by Burrower, :,r it lion m+cr i.ui, to iesp,mil to 1 ender ++ithm ?tl Jay, from the
<br />date notice is mails) by l.enJzr to Borrower that the insuraner career ++4m. i++ scale a ciauu [oi in,uran~o hznefin. Lender
<br />is authorized to collect and apply the insuran~c pnrtzeds at tender's o,,uon caber iu ~otoi,:tum or repair r.t the Propem
<br />or to the Burns secured by this Dead of "trust.
<br />Unless i.xnder and Borrower othenv tsz ogles m wnturg .uty ,ucf. uppi rc,won .•; pruccds to piing pal sir.Jl not estenJ
<br />or postpone the due date of the monthly 'n>tallments ren•r reJ .n m paragraph. ,iud hzresd or change the amount ai
<br />such installments. if under paragraph 1 K hzreut the Pn>pzrn a acyuired by Lcn+ier„di right, talc :mJ ndzres; of Bormwzr
<br />in and to any' insurance pulicizs anJ m anJ w the proxed, thereof resuluug n.~ci llamngc .u the Pmpzrp prior to ti?e Bak
<br />or acquisition shall pass to Lender is [hc extern of the sines azcarzJ by this DecJ of Crust unrnzJiatelp poor ;u such s.Je or
<br />acquisition.
<br />6. Preservation and 1lainlenance of Yroperh; Leaseholds; Cmrduminiams; Planned Unit Uevelopmenis. Bouowcr
<br />shalt keep the Nroperty m goof repair a:sd .hail not .amnui :. astt- ,~~ ~ .rat :ntn,,u n:.nt ~:r Jeici i+•raWm +,t ?he Ytupcrtt
<br />and shat! comply with the provis:oru of soy lease if ihr> DeeJ nt True; :s •+~n a r:uch,r3J. If thu DceJ of'T"nrst is on a unit in a
<br />Condominiwn er a plamicd unit development, Borr:ncc•r shall 1mrlonn u31 ,d Borrower's ohligat;ons unJer the declaruion
<br />or Covenants creating or governing the r.ardominiuro or plannzJ ono de+elopumnt, :hc by-laws anJ regulati~m of the
<br />eondomioium or planncil unit deceiopment.:ueJ rousutuznt Joeunrent.. If a 'on.luminium or pianos) unit Jz+eiopment
<br />rider is executed by Borrower nail rzmrdeJ roger her w;th the DeeJ nt lru.,t, the .u+cnants anJ agreements nl s-uch rider
<br />shag ire incarporateJ into and shalt anrenJ anJ suppiznunt the c+~+~i°nant, .nni : greoments at this Da•S of 't'rust as if Iht rider
<br />were a part hereof.
<br />7. Proteetian of Lender's Sezurity. 1t Burrower 3a:lc :. ,e; 3orm nc~ c ,ens nts :,nJ agreements ,nntainoJ in this
<br />Deed of Trust, o; iE any adios .rt pnrcccJing is ~+mrmen~zJ "a bleb :natcnall} ,~ITcet, 1 cuJcrA nrterzst m the Property.
<br />including, but not tinti[cJ ta, •=mieeent sousain, ins?ivcnc+..w1e eniorccaren,, ar arrangzutenis .~r proczedin,> im'ulcinE i
<br />bankruptordecedent, ihze Londe: at Lenders .,piton. ripen nouue ;o Borrower, era} make such appea;.uin•,~dt,hursc su:L+
<br />soma and take such action as is necessary n, piutzct Lender"s rt?tere~i, u7claJrng, lint qs>t limilr ~! r+, ,h,L-u r..eare:?[ r+t
<br />reasonable 'utunreyb fees anJ entry upon the Propcrty~ ro make repair, If t enJZr rcywreJ ni.rrt i!uge insormcc .:, a
<br />condition of making the leer: secured by this Deed of !'rust, Burrow cr shall pa'o the 3n cnvums n°yuircd to n,:uniam ,uar
<br />insurance its rljed mtti! such time as the regwrement far ouch imurancc im iainates m .::.oniance wah Borrowers .ax!
<br />Lsndor's Written agrecmcnt rr appiicuLlc trw. Borrow-zr sbaEi pa} She :!;non nt r. a!1 'n^-r [grape ,n>.urm.z ,a~nuurrs ;., ihz
<br />ruattuer provided .mdzp paragraph 2 he[evC ,
<br />Any amounts disbursed by Lzndcr putsts:un u+ this n-rr,:gra ph ,. .h ~.ntzrost ~krt•rrai~ ~_,~~r.:a <,.1Jmon..
<br />r,ndehteitnese c+t Bcrrn,.ezt securrJ by this f?ecd of Trtst. i'nto-:s Bc,r?`trove: a~;.? 3 c:slzr ,t;rcc r., .q::- ~~~: pe+niem. ,u. ti
<br />arnaunis shall M: ,payable utwn neuce Go.r. i enJcr !o &,rniw c. u•ysc.aieg I+ai meet tF?c c.~f_ an.l sir.,. _. ~atcr•st fern; the
<br />date of dixhursetrrent at the ra 4 [ nyablc fr ?ri tints tr iu c _ .. r tJi:.g i r r-i3 ~ : I r t e "~ ~ ~ . i•a; i.rem a[ 'm [ st
<br />at such rate wvaJJ iw snort ~>} to app.i.,ahie taw. i.t uhuh ~, =c,a such s t+un•s .iiaii love, ., err-sr .+t the hrgiee,. rue
<br />p¢rmiasihte ^ndar applicable foss''±othiny, :.attained m ?his paragra ptt ? .h.+{t n•.f:air I e-nlcr :, .,rs,..r any ea(narst ar take
<br />any action hercunJat
<br />rs. I~ccU~u~rs. , rnJzr ntaz make . ..use ir, f~ u,.a.ic- :., ,?gam s-.v c, ~ 1,.., ._ ., .. c f t;.,t~n°tt+. 3+: rJrd
<br />itfat Lender tbaii Kive burrow°zr notiec~ p re n 3~_ :~a:~ ;nit .use _.,., .f+vti +,. ~ rru~ oak i. ,sus,. a_,+,. < e iaa°.i e=, i ~•rcltr-~
<br />:nterest n the Pturtrev.
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