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96100410
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Last modified
3/10/2012 9:29:38 PM
Creation date
10/19/2005 2:47:04 PM
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DEEDS
Inst Number
96100410
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� <br /> -�� . - - -----.__. . . _�_-- _- _=-- _ <br /> `_ ..r�.,r..�:;,�- <br /> _. . . —�..-- <br /> y � - --- <br /> � v:�wrrrsa K �v�zo uaoxsa u�vYxo �5~ ���'Q�t� 200'•A6 el�,_�,��� W <br /> � 1fti11�0ith1�'t3vEN�N7 S. Burtuwcr�uxl lxu�kr cuvrtwut a�l�rtr as fulk�wr: <br /> ! 1. Pryi�xrt ot P►�t�clpil �G Gater�t. �xn►wer s6y11 M'auyxlY I�Y wbrn �lue tLe {uiu►;ip�l n�r! intcreu - <br /> ._� :��l�.,.:s,N:c.+:�:.�J by t5t tia::u�:l:i:�tsas�es s�(+mvkktl ia t�r Nate. ` <br /> 2. i�'titaxls�or Taxa �w!�tan�t. CuA,ject to a�ilr3ble iaw ur r w�iiiau w::ti::!sy L:r.��.t.�'asto!YSt�!!xl►;�_y M� L <br /> j l.euck�u:i ch:day ivaatWY MY�urut�uf�Gklpal QnJ iotetrst ur pxyshle uncler thr IJut�,uutil tbe Nauo is paid'w fWl,a = <br /> 1 wn�lt�t�iu 'Fwyl.+")Wuat w w�r�urr7ftb nf thC yearly tu�xnJ rssef►a�ats(iuclwliaQ cwxl+�tuiniuiu ux!{�v uu�t <br /> � dtvck►�►tuent ass+esccutais. if puy)wbkh ew►y�awln priority uv�e thls D;�!c�f'sca:s,ssxl;n�wK!rti�s��►tbe Propeny,if _ <br /> � auy.pius�ae-twelith of yeariy Z►►t�i�fura i�fi;�t�r�u f:u t�a:arC iusurw�;e.�lus nue•twrlfth i�f yeuly sutailum iwr�llcueaw _ <br /> -3 fi►e ui►�u^.gare iuwrance. if iay. a11 ati t��nahly atiwated iaittally wx! fnxu ttwc tu drue by l.etxkr cu�tttic h�si9�f _ <br /> s� asse+szatr.�ss�acl b+lls ac�! teastuutde estiaLtns thereaf. F3orrowet sAall not bt obli�stul w maicr sucb pry:�:znts of:�ur�a a- <br /> tn Lctxtirr u�cbe e:cew thac Bcurawcr a�lccs siuh piYa�taw cc�the bolder u;a prioa a�or�t�c or deed uf c�ust if cuch bdder _ <br /> is�u iuscitutional lender. _ <br /> If 13orrowcr pays Fuixls tu Let�fze. tLe i�w�s shall bo tuld in an iustltutiau the tlepc�cits�u u:e�uus of whlel�ue = <br /> inctuuesl or�uar�nt�od by a Faderal ar state�ency(inclwliu�l.ende�if Leuder is such a�iuctitutloa). Leucier shal{ zpply _ <br /> +� d►e Fuuds ta p�Y sald ta�es,assessu�ents. iasuraace prcmiunis a�l�raund renu. I.eucler way ax char�e for so holdiqg uxi <br /> :,� applyin� the FwYLv. �nalyzing s�Id xc�wnt or vtrifYinC ac�l aw,�iliag s:ic1 -•^�..::n�ents ��xl hii1.9. wrless Leoder payy . <br /> � B�u�w�er interest oa the Funds and applicable law pem�iw Lender to n�e such a char�e.Borrower and Lender may agree <br /> rr in writing u thc time nf execution of thia Deed af Trust tl�t interest oa tt�e Fu�ds shalt be paid to Bortower, �uplcss <br /> � u��rament is wAdc or�pplicaible law requires such i�uerest to he paid l.ender sh�ll not be required co paY <br /> W C <br />. t; � auY ieterest or euvings cm�he Fuads. ix�er sb�U�ive to Borrower.without clwr�c. an atuu�al accauutin8 of the Fuaiv <br /> showi�g ectdits aad debits w thr Funcls wd tiu:purpus: fix whicL eaeh debit to the Funds wsc cnade. 'Ihe Fuads are _ <br /> . 9 pieaqed as addiaonal sxuriey�v�he sums securai by chis Deed aE Tn.s�. <br /> th <br /> �� + tf the unouat of tI�e Fwn+�s�eW by Ieo'�zr.togetE�r wis�the fLU*ue r.�'xuhly ia�llmeuts of Funds p�yable Fr'sor cu <br />�•- •.�; <br />%�;:;i@,. t�:w''�dstes of taxes. as��aa,.°�nts, ir�:saa�.e pcenuucfs sud groua3 rents. s�a91 exaeer3 ebe aracwa�t reqaiml w�ti sud <br />..—'^� tsu��, ass:s�. i�uv� A��:�:�'s�d gm�acl recats as tbey f�U ckx, s�ch�o,.'ss shall be. ai Boerov�er's�apaon, <br /> ���r� eitber��r�ptii m Bocxv�r or�."�:ta Borrowtr oie�ot.'�9Y i^-"'��"-^�`�g Fuad.c. lf c�e�xmo:at of tDe�uotk <br />:�'�" Deld by�a3.°r sha::aat be sufruIesst co Qay tues. ssi�s�a�s. +�,�"°�p p�emivais wd grouod r�as they fall due� <br /> , to wake up the det'icieacY in one or mone psYmects�Leodes may <br />� &ar��ov�xr sha.l pa}to tenier wy unount nocasarY <br /> ��' c�efw�d to Barown say Funda <br /> � Upon pa}-�nt in f�ll of al!r�ms seeural by this Doai of Trust.lendez shall proa�W1Y b Lrendet,l.eader <br /> �� beld by I.eader.If under paragrapb 17 hereof the ProQertY i�sol@ ar the PmportY is ott�w►s�acquiecd Y <br /> '��a sh�ll apply. ao latu t�a immediatdY Prior to t6e sak of t6e PmpertY or its xquisiri�n by Lendes.ay Fu�meld by <br /> '� 4ader at t6e time of ipplic�tioa as a crallt aYsina the s�s sxural by chls Dad of'Cnw. reoeivod by Leader ueder tbe <br /> �a 3• Apyticatiou of P�7meats. Udess�pQlicible law providea otbetwise. a11 P+�Y�� <br /> Nooe aad pua,�c�p�7 aad 2 baeof shall be applial by Leaiee fiRt in p�ycnent of�motitata paysbk to Leacfer by Botrower <br /> � uader pua�npb 2 6sreof.tbea to intcresi ptyaWe on tLe Note.and tbw w the priacipai of ti�e Note. � <br /> � 4. �tior Mottia�es sod Deed� o�Trurt3 � � Borrower�11 perfam �of Barower s abli�adoaf <br />--- uader aaY n�utt�e.dad of truu or other sxurity a��oement wltb a liea w61ch has priority over this Doed of't�ust. <br /> —� ;o�cl�dit�gor�oMrer�s coveo�aw to m�lce pymeats w6en due.Bormw�er sdaU p�Y or cause w 6e paisl all ta�,as�essmeap <br /> = aad o�cr u-`�=w. w�:�:�:�M:..:.as� ••• •i^tlx __p�-:�+'!,ich may aaain a Qmnicy over this Dad of Tmstt <br /> —� sod lea�ld p�Ymeats or Sroutsd reats�'f u�y _ <br /> �� S. Haard Ioarance. Borsower shaU kap the impmvemeats now e�ustiug or hereaRer erected un the Propaty <br />�� iucunod agsi�t toss by fire.6araids included withiu the term 'extended cave�e'.snd such otLer dar.�c�ds�s I.ender may <br /> — n.quuire�ad in sucb�mauuts and for sucl�periods as Lca�kr may requirc. <br /> 'Ibe imvr�cx csrriu pr�viding tIu iasurance sball be chocea by Bormw�er sub�t W apptoval by l�enda:p�vi0ed. <br /> -- _ Idt s�k appnuval st�ll not be uoreaSao�DGY withheW. AU insvraaea policies s�+1 renewals tt�ertof s3all�e es s fxm <br /> acapnbk to t�ea�)er�nd s1�11 include a st�adud�aa�t��e clause in�avor af aad ia s fotm acoePtabk w Lea�. �.eacla <br /> si�3i bsve tbe ri�hht W 1aoW the polic,'ies aad reaew�als tLa+eof. svb,�ect to tlse ter�s o�any muttQap�. dad af tn�ve atbp' <br /> scxvrity ag�e�witb a i�ca whicb h�s prioriry over dua Deod of Trust. <br /> — In t6e eveat of loss,Bonower sball give prompt notice W the imu�ance ca:rier aad i.eader.Irader m��v�ice proof <br /> of Ioss if not s�Ie promptlY bY Bo�rowcr. <br />'—� If tLe Pivperty is abiadoned by Borrowa.or if Borrowtr fi3Ls u�r�espotd to I.ender withia 3p days fmm the date <br /> �� notice is msiled by Lender w Borrower tlut tlse inAUaace cxreier affers w seule a claim for insuraace beae5ts.Lemder is <br /> — �uthocired W caliect aad npply t1lx insuraace pmcceds yt LenRkr's oQtion etither to restor�tion or nepair of the Fmpem,' ot <br /> � ta the sums ucwc�d by thi�Deed of Trust. py�� Udt De+dopmats. <br /> v� f. A�a�a'ta�lon asd Matoteo�at�e ot Pt+q�artyi Lea�otd�3 Coadomtdtm; <br /> —= Botmwa shW tce�p tbe Propeity in good c�pair and cL�ll not comaiit w�ste or permit imp�irmene or doterior�doo of We <br /> -�— Prnperty�ad shall c�ly with the prnvisionc of any lase if this Deed of Tnut is aa a laseboW. If this Deed of Ttuu is <br /> --- oa s uait in a coodominiwa or a pW�aed uait development,Borcawrr sha11 perfam all of Borrower's obii�uioffi uuda tbe <br />� dxlanuioo ar covea�ntc crc�tiq�or govemia�tbe condominium or plu�a0d woit development.tl�o by-uws tnd n�uluioor <br /> ° of toe candominium or pl�aned uait devebpwent.�l cunstit�at docume�s. <br /> �� �. Atitedton af LRader's Sead'ity. If Borrowa fails w perform the cuvenaats and agree�meats contaiaed in t2�is <br /> '�!� Deed of Tn�at,c►r if say�ctlon or procealia�is ccw�meused�wLicb materially affxts I.eader's intet+est ia the Prnpe�ty�t6ea <br /> �! I.eacier. at i.eauer's e�ptiou. �+vWa �o:;ca co �. �.:1� m�ct ssxh a�eacaresF� dislw�se such sumc. i�elwtiast <br /> �� rar�omb�e auocaeYs' fea.and ake sucb a�ctio��s is nocessarY co Protect lx���s i�erest. if l.eoda roquired noo�t�a�e <br /> --= ina�r�nrr as a Cotlditioo of m�lcin�the loaa sCCtued by tbis Deed of TNSt.Betmw�u s6a11 pay the pcemiums roQuind w <br />-,� m�ina3n sucb inauwace in effect until sucb time ss tiie requinment for stich iasvrance terminates ia accord�ace with <br /> Borrawer's aad Lcnder's wtitten�ment or�plicsblc i�.w. <br /> � My atnounts disbursed by Leader pursuaat ta this pu�,gtapL 7,with iatttest thereon.at the Note rste.s�114�eco�e <br />..,��-:�;� sdd:tioaal iadebtaltixs of Borc�ower socurc.sl by this Dad of Tnui. Udrss Baaower wd Leader a�rx w o�a ter�s of <br /> ' PaYmeat. scr� amouats shall be payabk upon notice from L�.-F to Botrowxs requestiag PaYm�t t�e�f r°tl�ag <br /> coarsined im tLis panigraph 7 si�11 require Lender to incur wy aape�or r�e aay actioo t�e:ruader. <br /> 8. Lespec�ioa. Leada may make or cause w be m�de r.,asoaab2e e�ies upoa wd icspeetioas of tae Property, <br /> _= psovided tfa�t L��der stszlC give Borrower notice prior rto aoy svch inspacsion spea�,�a;reason�b�e cause tltierefor rel�taD co <br /> :. ��.�i�,�. <br /> Irnder's i.�xest in the Prope�ty. <br /> ." ; <br /> ' Nebn�a268762 SNS Origiaai(it�cordad) C�Dy(Braacb) CopYtCwtoa�r) �e2of5 <br />
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