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<br /> i �Pi�O Z Ot S� �
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<br /> � �ri �11 t6a u�Pr�ovemeats aow c►e Eeratft�er ecex.�r,u aa � prs�tY� �nd d! �rr+aata. rif{Ay.
<br /> ��xWtocun,-x�c a�xxl�t�(bu�r»ta�:.�.:.t�•"•r�t_���,.��ntMtitie��v�eo l�t�A�U I.eOdd�W oOiieC1 t�d ilpr�lY tuCb
<br /> � rca�o)�tll o!wAicb�11 be daar►ed w be sad cenuin a pu�of tho pr+uQest�r���o�+f by t�ia laeec�a iruat:u�o sii a� �-
<br /> � �c�r�o;n�,c o�cner�rim ada w�opaty (or cee tew,5da esutc ii te;o Deea o�Tru�2 is on .to�aeM�ta}�re eere�a�tcee
<br /> . t+a�erebd w�che'Prope�tY•� �
<br /> gc,r�+uaror wvaLant�tbst Ba�roaer i�ta�tultp ed�ed of tAe eria�e h�.-�aby a�ac�,;;,J ar.�6�e�o r.'.��t tc�g�►e aud nonvey
<br /> ; tAo P�roQatY. aad chit tLe P�rtY ic uaeacun�bac�cd escipc Ior eucwn�rc.-t�a art rac�ad B�xr�*wer o�vauau th�t �
<br /> ' � �io�crower wutanto st�3 xill defead �eoatlly t0e titla to t�e P(aQartY aL'+init a�'1 dums wd daenul:9+Z IGUajeCt to E_
<br /> ' ea,:sm�sr.oce ot rec�ocd. �
<br /> � UIdIPOkM WVFNAN'7'S.Borroxcr�ad I.eader oovaiaat and��reei ao fot�ax� � iatsrat
<br /> ' 1.R�+me�i at Priacipd and Intexe�t Baeeowa �hsll P�t+�1' P+�Y whm due the priaaPd �
<br /> . indebted� evideneed by t6a Noto. iaelud+aY aaY vuiatiaas cesultia� fmm casaio� ia tbe ooatr�et cate, ux1 otAot �:
<br /> ���p�vidad in tbe Nota �icable faw or�rritian �ciaar by I,ender.Borro�ra shall p�Y to �
<br />' 2 I=vsds tor Ta�a ud Guunaoe. Subject to _
<br /> - Lwda�uu t�wiy,.-,.,:,sbly�Y"`��+ot pri�a�1 wd�nts,�est u+e p�Yabk��J�a�'uta uadl tAe Noto is pid in full, _.
<br /> -�. � �wm(�ecan�Fund�")v9wl W aae�twdEtb ot the Youly tua sad�ee�tmeate(inc]udin�ea�dnminium tnd pLnaod ."
<br /> nait dcveloQ�neat u�oescneuts, ii wY} p3icb moy i� P�'����af Eaaard i�a..cur+noG Pluc ono�dit� o� w�1y [
<br /> ' p�t+oQerty.it aay�Piw ooc't�rclfth d tbe Y��9 P�'�� i-
<br /> : pcenuum uutallmaots fa moct�a�e iasw�aoe. if anY.al� re�on�bly estimatal initia11y wd fram dme to dme by _
<br />: i I�oadot an tlro b�is oE aeeastnenb aad blla�ad t+easoatb3e eatintiteo tLacoof.Bott.nwet shall not bo obligated W malce
<br /> . . �P�Y�ts at Fuodr w l.ader to tDo�ztmt tDat&icca�rer a�alce�e�P�Ym�ta w the hddes of s pria mort�e =
<br />� ' ' or cieed af tn�tt it wcb balder ie sa institutivaalloac3cr.
<br /> L Borrowet pYs Funds to La�der. the LTtx�ds t�aIf be 1�1d ia +�u ir�cuti�a t9e 3epositr ot s000twts ot wbicb sra
<br /> ~ ' ; ir�,urxed or�wrs��b7 a Feder�l or ttate ageacy(is�c+ud.+%�I.��'�det tv a�a�institutlo�).I.ender aball spply _
<br /> _ ;. ' y,0a Puada to p�y sud tue��neate�insut�aee�rx�ms+a��t�a3s.3�det may not ch�r�e ta sc�bidin� _
<br />' � tLe F�mds.waly�ta=a�id aooa:aat or veriflaa�aad oona t��wid�rae+neots aad bille.ualere I,eader pYv
<br /> - uu�applY►nf &xe+o�x�od Leadx s�y _
<br />��' :�� Borcoaer iaterat on tlie Fund�and s�pii�'�e uw pwtnits Imder to m�ke ax��chvta W Ba�rrower.aad -
<br />_-,�;� asreo ia Rtirias�t t6e ti�ne ot ere�tioee ok't9ia Deed ai Trust t�at iate�r�t aa t6e Puodr�ll bo paid -
<br /> reo ria i,��q.��t be required to py
<br />`,��,.,', i�oles a�ap+eenaent i�m�de a appliabte law requitas r�inta�at�w��P�iQ���m anaual soonuotiaB af —
<br /> ' = Bocrawer wy iaterat a�arniap aa tbe Puada Leada shill p
<br /> a� tbo Puads elSowinj aedits �ad dabits to tbo Fuada wd the purpase foe whic�a�h debit W tbo Funde w�e tnade.Tho =
<br />:� � P�md�acu piocl�mr!M�d6itioail�e�vrity ta tLe suens�a.wed b9 tbis Deed of TruR. -
<br /> �t� U tbe�v�eLe Fuade l�eld by Leader,to�etba with tse iutw+e montlily i�tallmoat�of F�md�parible priot to
<br />,"`' tba c,ne dater�t'c eu�.�e�n�eati.iasunnoe Pear►iu�u sad ao���il n�000cl tbe�ramt requirad to pY s�id
<br /> � ��q� iawra�x p�eatiums wd�coua�d raat��s tbeF 6dt wa ea��es�w QhaU me, at Boreo*er's ePtiao.
<br />� ecti�et pt�oraPtiy e��d w Bacruwa or aedited to Botn�war ao moat�Y i�t�ti of P�d� 1i tDe s�cr�t of the
<br /> Fumd�Lold bY Le�der�11 not bo s�lf'iaeat to p�y tau�.a�e�iaaraaa Pcassivass�d ir�d rerts�th�y hll
<br />'� `` dua�Haerowee aiu11 p�y to Lmdee sRY�t�7 to m�toe wr s�o def'.ae�.=ia aae oc m�e paYmeats a�I.eader
<br /> I�'y:
<br />��,� �i��t in full ai a11 sume sonx�ed bY this Deed oi Trtat.Lsader ehall pc�o�►Pt1Y nduod to Bocro�er ao�y�tu1o�ds
<br />,�- ` .jr+.+r-s-"' !��E[�� P[0�'� {� �Q OI��DC �L� if tJ�trw`w�iv w'�1uC��'j k=-=+
<br /> �d�I+r,�pt� lf�C! �lijtiQ� O[ILS�OQB{ilLl00�T.tl�Ef�i�f�Wf�
<br /> ;�� I.endet�a11 app1Y.so Ltet th�a iaunediatoly priar to�e aa{e d tLo PropatY
<br /> �� Le1d Dy I.eadet tt tLo time ot ippiication ac a credit a�iast tbe aans ooevrod by this Deed�by T.eoder uader t�e
<br /> •�.� 3.Appiiptiaa o[Prpmetts.Ualom�pplicabie 1tx ptovidoa other�i�a11 P�Ymen�
<br /> �.i Nate aad P�+tnP� l aad 2 bet+eo�t �il be sppiied bY I.eadu fust ia paymeat af mnamts p9abie w I.eader by
<br /> _= gar�a uoaor parajrtph 2 6a+eo��Lea w intarast qTabie oo tbe Nooe�t tbe�piicxbio oontr�d ratG aad then w tM
<br /> pr�acipai of the Note.
<br /> s= �.Prior 11Lorti�e+sad Dee3r a[Tra�CLse'ta:L�a�. Bacower sL�il pafann a11 a[ Hoerowa'� obiiptioo�
<br />�'� Lndee+qY�«��d�ed ot wit a atbee�ecwitY�c+eea�eC4�ith�tiov wbicb 6as pr�ocitp wra tbir Deed at Tiv�t, .,,_,�
<br /> ����� iacludins Bocrower's ooveoaats to �rJca paYmant+wLee dva Borrowee sb�ll paY ae cuwz W be paid �11 tauR
<br />=;� n�e�ns�ats aad otbor cLar�a,i'iaes aa6 i:npoaivao��trlbutabie to t6e Property wbicD miy�tts:a�P�itY ovor this.
<br /> a�
<br />� � Deed at Tn�t.�ad ka�otd PiYt�ats or�touod c�ati.���Y• a� baaafter erected an tLo Propat9
<br /> -- S,Ssraed Lsvraaoe. Barro�u' �11 1oeeP tLe impcav�ea�snLi nar�
<br /> ���; iawced api�t loet by�s�e. baurda induiled witbia tbe tmn 'ateaded oover�e�" sad auch otfia haz�rds at I.eader
<br /> ms�reqtut+e so�3 sn auch amotmtr aad far�ch periodr as I.eoder auy re4uira.
<br /> 1•;�� tbe iasunaoa eLdl be cLoxa by t� Brd►YOwer aubjxt to approvi! by Leader
<br /> � 7'6e imuranoe curi�r I�ro�idi�
<br /> .,s ,,: �v���h appe+asa��11 not be uararaast��ritbbeid.All ias�r�aoe pdicie�tnd reoewale tbereoi tha11 be ia�
<br /> �� fann aooegtable to Leador aad ehsll iadude e acaads�ts�nnaRpje dsuee ia favat of aad ia�famn aooeptable to Leader.
<br /> °�` I.euder d�all�ve tbe ri�ht to Loid tbe paiicies�d er�ewils tLereot�wbjxt to tbe terma d aay matpYe,deed of uvst
<br />���`.,,�� oe athae�ecnsity a��eeaieat witb�Iiea.�iss+ch L�s��e tbe'mauaaoo csnier aad I.eodet.Lend�x auy milco p�'ooE
<br /> Ia tLo eveot af 1ar�Borro�er shalE�e.pcampt
<br /> .�• , at l,om�f�at ntde ptucn�tly bY Ba'ro�er sa iaa�raaoe pcooeeds�a11 be sppiie�w raRantia�ar seQair ot
<br /> Un3er I,wdes and Soecr�wa otLaRia+p'ee� �riti�.
<br /> �wa
<br /> t$e pe�opatt d�ena jed�if tlie ractaratiao a repair it a3oeo�ic�11Y faeible�ad Letde�s�e�xuitS►is nat U�eaed. If tbe
<br />`1V� � u not 000noasic+llY farible or Leada'a�ersritY wouid be lemeaed.tLn iawr+a��O°OO�BarrQ+Kt.If
<br /> _b,. ;. te�toest,i,oer.a�re�ir'
<br /> _-`r.���� a�;R;�,�;.:.�,:�..rnd bg t�S��tp i���Set�er at not t�ea due,s�it5�eracs�pid
<br /> '`� Botrower ab�adoo�tbe�Y.or does not�aswet wisbin 3Q dsys a mtiae fmm I.eader tLat the iar�c�ace canier}�
<br /> aKered to�eule a d�ias.thea I.eoder may odlaci ttre insivaaoo p+000edm I,eader msy net tbe p�nceec�;tro tepsir a
<br />;� �, •eul
<br /> ; . ratoc+e tno PropatY a to P�Y�secvrod by shi,s Sxucity Ia�nmeat,wLaher or aa sben due.Tbe 3Q-dag paiod�n11
<br /> . • besin w�tbe notioe is�ivea
<br />. �!: 1f tbe properey is.b.saooed by Borcower,a� if Bo�rower faiL co reepood w Y.eeder�ntbia 30 daya fran the�te
<br /> aotiae v mailad by I�en8er w Barowa tLit the ia�raac�e attiar offen w aettlo a cLim foe inwuaaoe be�ei'v.Ireader
<br /> _ is autbarized to oolloct �ad appty tho insirr�aoe pr000eds at I.earkr's optim citba to reetoration a repir of tbe
<br /> pcopaty a to the sums socurod by tLii l�oed of Tru�t.
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