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<br />82=0051t~1r
<br />UrrtFOaM GdtrfittANTS. BOrinwer atud Lender covenant and agree as follows:
<br />1. PaYornt pf Ptirtcipd atoll ltateriat: Borrower shalt promptly pay whop dtie the. principal:of and interest on the.
<br />indebtednes evidertuA by the Notts prepayrneat-and late charges a: provided in the Note, and the pritteipal of-and. interest
<br />on any Future Advances secured bythis Decd of Tntst. - - ' - - ~ -_ _
<br />Z Foia for T>srua old Iatrtace. Subject ta applicable law or. to a written .waiver by :Lander, Borrower atiatl
<br />ro !.ender oil tlio day monthly :nstatlrrtents of principal and inietut are payable under the Note, until-the--Note is paid, in utl;
<br />a win (herein "'Funds") equal-tootle-tweffth of the. yeatfy teats and assessments-which msy~aEtain priority-over this:-"
<br />Deed of Trust andground collie on the Property, if any; plus era-twelfth ofytarly premium instaBrrtrnts for hazard:insuranee.-
<br />plus one-twelfth of ytariy premium installments for mortgage insurance;. if any, all, as~ reasonably estimated initially and: from
<br />time to time by Lender on the basis-of-asacsarttcats and bills and rcamnable es8matts thereof:.-- ,- -- --
<br />The Funds-shall Nc held in an institutioh-the_depasits or accrounts-of which are insured or guaranteeilby a Federal or•
<br />irate agency (including i.rnder if-Lendcr.is such-an snot}tution). Lcridtr shalt'applythe Funds+to~pay said taxes, assesstrtents.`
<br />tctsurance premiums and ground rents. Lender may.not charge for so holding and-applying_the Sands,-anatyzing~said.accnum`.-
<br />nr verifying and rnmpitgrg said- assessments and hi}Is; unless Lender pays Borrower intciesroti Ifte Funds'gnd applica4le'law,
<br />permits Lender to matte such -a- charge. Borrower and' l.rnder may agree io writing at, the tiirit of- execution of this
<br />Deed at Trust that interest on the Funds shall tx paid to Borrower, and- unkst such agreement. is tttade:~orapplieab)e -law
<br />requires such inttrcst to be paid, Lender sha}I not be required to pay Botrowera»y interest-ar-earmnBs on the Funds.- (.ender.
<br />shag give to Borrower, without charge, an annual acernmting of.tht-Funds showing credits-and debits totlie Funds-.and'Itic'~
<br />purpose for which tech debit to the Fonds was made, The Funds arepltdgtd-as additional security for the sums.secured_
<br />by this Deed of Trust. - - -
<br />If the amount of the Funds held by Lender, together with the fumrc monthly in3tallmmts of Fimds..p$yable prior m
<br />the due dates of taxes, assessments, insurance premiums and ground rents, shall exceedae amount required m' pay said taxes;
<br />assessments, insurance premiums and ground- rents as they (a{I due, such excess shall -be.-, at Borrower's option; -either -
<br />promptly repaid to Borrower or credited to Borrower on. mamhly installments nf. Funds. tf.-the ammrdt -ot"the Funds"
<br />held by tender shalt not be sufficient to pay taxes, assessments, inwrance premiums- and ground rents as -they fall -due.
<br />Borrnwer shall pay to Lender any amount necessary to make up the deficiency within 30 days from the date notice is mailed -
<br />by Leader to Borrower requesting payment thereof. - - - - -
<br />Upon paymrni in lull a( alt sums secured by this Deed of Trust, Lendrr shall promptly refund to Borrower-any-Funds
<br />held by [_ender. If under paragraph 1$ herenf the Properly is sold or the Property is otherwise acquired by Lender.-Lender
<br />shalt apply, no later-than immediately poor m the sale of the Property nr ds acquisition by [.ender, any Fundi.held:by
<br />Lender at the time of application as a credit against the sums secured by this Deed of Trust.
<br />3. Applirutsrn of Payments. Unless applicable [aw provides otherwise. al} payments received by Lender under the
<br />Note anil paragraphs I and 2 herenf shall be applied by Lender first in payment of amounts payable In Lender by Borrower
<br />under paragraph 2 hereof, then to interest payable on the Note. then tv [he principal of the Nntt. end then to interest and
<br />pnncipal nn any Future Advances.
<br />4, ('harRes: Lieru. Borrnwer shall pay aft tapes. assessmentc and other charges. fines and impositions attributable to
<br />the Property which mxy attains priority over thrs Dted of Trust, and leasehold paymems or ground rents, if any, in the
<br />manner provided tinder paragraph ~ hereof or, if nee paid in such manner. 6y Borrower making payment, when due, directly
<br />m the payee thereof. Borrower Shall promptly furnish to Lender alt nnticet of amounts due under this paragraph, and in the
<br />evern Burrower shall make payment directly, Borrower shall promady furnish to Lender mceipts evietencmg such payments.
<br />Aorrnwer shall promptly discharge any lien which has prority over thr< Ixed of Trust; provided, that Borrower shall not he
<br />requrrr,d tv discharge :my such lien so lung ac Aorrnwer shall agree m evriting m the payment of the ohligatian secured by
<br />`inch hen to a manner acceptable to t_endec or shall rn goal fauh contest such hen try, or defend enfarcemem of such lien in.
<br />Irgat pnrceediegs which operate io prevent the cntoretment of the lien yr forleiurre of the Property w any part -thereat.
<br />5. Hnnrd fttsuratt. Bor rawer shat) kcep the anprovemcmx now rxtsting or hereafter erected nn the Properly insured
<br />against loss try Bre, harards included within the term -'extended coverage". and such other hazards as Lender may require
<br />and in such amounts and far such periods as } tinier rosy reyurre, prvctded. that Lender chap nut require that the amaunt of
<br />such cvrrragt accred that amaunt of c-overage rrgwmd to pay the sums secured hp thrs Dttd of Tnust.
<br />the insurance carrier prvvu}mg the irsurance .hall he chrssen by Borrower sul;icct to approval by Lender; provided.
<br />that such approval shall not ere unreasonsbty withheld :411 premiums nn insurance policies shag ire paid in the manner
<br />provided under paragraph 2 hereof or, rf oat paid an such manner, be Barrowtr making payment, when due, directly to the
<br />=tuuranat csrriu. -
<br />All ursurancr politics and retxwafs tlurcot shall err ut term su:cptable w Lander and shall occlude a standard mortgage
<br />~:iausr m favor at and in Corm acccprabfr or i coder. i_enr}tr shalt have the right rn holJ the Ladicies and renewals thereof.
<br />and Borrower shall prompuy ftunnh to i ender ati :enewat uouces and all receipts of paid premium*- - In the event of bss.
<br />Borrower shall grrr nnmpt rkxtCC ±r; ;he ~.nsurancr .arc ~cr ,rnJ I ender- (sorter may make proof of lc ss if oat made promptly
<br />by Bararw'et.
<br />Un±tss Lender artd Borrower otherw:.,c ogres ;n writ urg. ~tnnu once pnrceedx .hall ere app( red to restoration ar reparr of
<br />ehe l'rvturry damaecd. , r>,r°riud such rasmcanon of xerra,r :~ ca,nomri oily feasibiv and the security of this Deed of 'inrst is
<br />nor thereby rmpteurd tl .rich rtxvratvon or zrpncr n not erononucaily scasthie of ,E the srnrnty ul this Ixed of "Trust would
<br />tx rmpaarri. aht ,moranct praxecrts shall be applud nr Iht sums scoured by this bred of l'nrsq w°uh the excess, iC any, paid
<br />• r Borrower.. if the Pmpenv rs abandoned.hy Het nrwtr, nr rf Horrcrwer tads to rr'spond to Lendrr wuhm JU days from the
<br />data ovate rs matltJ by Ltndtr ;a Harrower that the ,usurancc sac; rer,.tt}cis to seals a elaun fur naurarne brncfits. Lender
<br />- mnhortzcu ter testes°t and apply the msuran.c pr rr.erds ar (.caller's ,+puuu vithrr to reswratwn ur reparr of the Property
<br />nr to the sumti -re.wtd by this herd of Trust.
<br />l; nits }ender :utd Borrower cu herwue ,rgrce an a-Hung, soy ,uc:h applicauon of prncrrds ro pnnctpal shall not extend
<br />=rr lx'~t{xaus the due .sate t t the ;mrnthis maul}aunts refertrd 0.' .o paragraphs I sins 2 hereof or change the amaunt nt
<br />such mstalNnen» }f uncles paragraph +. s tumor the Prapcns- :, ,u'yuned by t ~rnder, af! right, utlc and interest oY Barmwer
<br />+n and ta+ am naunncr Exdrein aoJ as and t., ore pr v.rttis rttr cars( rrruttrng from damage +u the Properly poor to the side
<br />or acyursur,?r, stroll paw t., i.ender rr= the :-cent ns the sums ~ccured hr .his br ~ sat truss cmnudratrly pour to such sale Ur
<br />acywsiuon.
<br />6. Prtsersation and Mtdotenaact at Ymperty; Lrrtaehahls; Cortdaminiutns; Planned (;nit Develapmenls, Bornrwrr
<br />hail keep dhc Pr,`~rt r- ; - _., rrp..rt u:rd .irait scat . *rnmr; . ,. -cnnrr tmpau n+rnt ar -1clc, art atr,w „! the Prom}_
<br />.:rid ehait lam Pic w rth tht~pr avrsram of :any }cast !f thu~Ueed ==f L asst ;arms a ieasrhold. I( rho Uetd nt (`coat a on a unit m a
<br />cnndommrum .+r piannctil amt class^{upnxnt, 8ormwer skc,ei ;+eil+rrrn ass .n Borruwrr~s o6hgahom under the deetarahou
<br />Ur Ue-enanl% Crratrng ,rr gaeenrrng the ~VhdamrtUWn ,'r piani,ed t.nr[ elteekrprtrenf, the hpJaws acrd reyulalrom .+t thN
<br />a:ondomrmum er piauned ;cars etc+-@opnunt. and ct+nrarmm t4rw unrcnt~ I. a .r+ndnminunn +a },loaned urn development
<br />s.der n cxcawcv '++- Honr+wer sore rerurdrnt togctltar wuh dos f3trai or Lwt. 'hr covens nta .,ed. ag:rrnrmu, vrf Hoch odes
<br />what! be ;ncua-;xualyd +mo sad ;hall amend and cuppiemcnt the ro,-manta ,r n.i gureurrnb u! the, Ocell ut l n»t :rs =f the rider
<br />wcrr a part hector
<br />T_ PraeeCion d ttodtv's Secadls. ff Bbnowct ''-srls tr oaf.+rm she cvvrnant.< <nS ;tgtrcnrcnh sc,atarned m this
<br />., ,: }
<br />Cxed of irusr. -~ "any a<rso,+ , n,a;erdsag . :murrce3 whr,.h •natersaltp .dles?s 1-eadcr-. ., ~icrest m aht Prx+peat}.
<br />~tn~ttrdnrg, but rw[ iranntd t,^- enmrrnt dnmarn, +nszrh enc., e=x}r entorc-rr+rnt, ar arcs rtgrn?enr~ ++ ..eedeng,. ursvlr rag u
<br />r prr+
<br />hanlrupt car .feceJCnt_ rner+ Lrna}tr at Lender"s r+{+uan, !rpxzn t,u!rcc ;,r liorrcrwer, may ¢,tele *ttch ;!pl'earani cc ritsl•unr ru. h
<br />coma and tale sorb . dtunr a ; ratcesrar} to pr otei~a i.e+tdev. tnrrcit. rdudi nr:. =:ut nor ~nnrtrr,t h~. ,f rahurs2 m.-. of ,,.
<br />rrx±s.sna. le~ .i r_.4t •, ;wcs arsd ~i,n zprtu ehe Pn i~rte „ -rsa oat, -cfurt rri x.r„rtkagc -ur.rr.~c :r. .
<br />_cndnra~ of makrnR t!ce tt+an sea-crtd fw thr+ L1ee,t :! 7'r oat, H r..-.._t ,F.;.ra t ev :.re r.;cr~r+,rna ,r.,ue,r.r - a•rrea .,•
<br />+awra+.e a criecr +,an°il such tsars as the rc4ucrenrenr „ch ,!!array+se '.t•rvoatt~. rn a r,,r rt..uu' wnh }}art a+wct4 ,ins
<br />t ender"a wnurn ;. ycrnrent aplrimahie !aw Benow-e+~i~irait pas ;he a.nouol o) n, .xntg;rgs• +,-uu:urCc f`r c:n eu ms ur the,
<br />anamxr provrdeal under txragraph ; herr,.rf
<br />Any anxwnts u+sfnrrxer} h• i enrki pursuant !s rhrs par.rgr:r ph ~~ ,auh ,-?',e!rst sheen+a ~-malt a+« adrbt~.,r+,r~
<br />,ndeMettnezx ?t H.itrrwtr .a. ;:red by this }3ted n! (bust t ~tNc=cc Borer-,w-tr and I cntdrr :C: ec Pr .,Cher r: -.. ,t t^-rye+.+e+rL ~~+r'.
<br />amomtu v11.hi} ty. jaS_a4.ie ufrr''.t .rr-B,.r Ir[,nr i etX}er tr- due. e~+a <r -ry+,eaun@ pa, :"r+r ~ , - ,y _:,,~ .i rl -<ar u L our -_, rr, ,.--
<br />;la+r of distwrrxenurva -r '*,t r rte sayeblr trenn tune to mot ~~n :.ttstarnirng ,+ m~rp~, V_ur - . ~, loos nut •f nza't eat
<br />al xusrt ?air ~<~id r ~ _-*utzary = :rtap6r ahfe [a -..+,rn ..v€t,. am„~-_ rn ,r.rcrc.r er u - : }hc~t +atr
<br />pnrnnxsebft nrx}ae ~ , tn,raf=fr aw ~sothr ... ^tanre.t --• rt: ~. ;., :, +f-h . .. „ , ~ - - aer au -n_r Ls t*rnu; •~i ta1.r
<br />aUY >k (stag trace+matcr
<br />%, fasprexsian- r : !a}rr a ay ~ •slt-:.. ,,r.c ox->:n n a.~ ; a -r :-,+tr _ -..- _ + . - -+c }': x-ass. ~ ~,
<br />that t C'Nitr -4f3~±: ~ .-,._ ~ a. Y- ..~ *r i ~ •~ , tx' 4 t r4pP_ r -'i 5 E ,tv , r~<i -, r r - t .f ~t2~ . ,. ,rli'(
<br />me+tat i. afar }'f,7t~aa]Yt
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