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8I-~)~a 14.i~
<br />UNIFORM COVENANTS. IXrrrower and LCntter WV0n8nI and agree as follows:
<br />1. Paryrsent of Principal and Interest. Borrower shall promptly pay when due the principal of and interest on the
<br />indebtedness evidenced by the Note, prepayment and late charges as provided in the Note, and the principal of and interest
<br />on any Future Advances secured by this Deed of l'ntst.
<br />2. Breeds for Taxes and Insnraate. Subject to applicable law or to a written waiver by Lender, Borrower shalt pay
<br />to Linder on the day monthly installments of principal and interest arc payable under the Note, until the Note is paid in full.
<br />a rain (herein "Funds") equal to one-twelfth of the yearly taxes and assessments which may attain priority over this
<br />Decd of Trust, and ground rents on the Property, if any, plus one-twelfth of yearly premium installments for hazard insurance.
<br />plus one-twelfth of yearly premium installments (or mortgage insurance, if any, all as reasonably estimated initially and from
<br />rims to time by !-ender on the basis of assessments and hills and rcasonahle estimates thereof.
<br />TTte Funds shah be held in an institution the deposits or accmmts of which arc insured or guaranteed by a Federal or
<br />state agency (including Lender if Lender is such an iretihttionl. Lender shall apply the Funds to pay said taxes, assessments.
<br />insurance premiums and ground ren';. Lender may not charge for so holding and applying the Funds, analyzing said account
<br />or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable law
<br />permits (.ender to make such a charge. Borrower and Lender may agree m wnting at the time'of execution of this
<br />Deed of Trust that interest on the Funds shat! be paid ro Borrower, and unless retch agreement is made or applicable law
<br />requires such interest to be paid, 1-coder shall not be regwred to pay Borrower any interest or earnings on the Funds. Lender
<br />shall give to Borrower, without charge. an annual accounting of the Fttnds showing credits and debits to the Funds and the
<br />purpra~ for which each debit to the Funds was made. The Funds arc pledged 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 Rrntrc manthlc installments of Funds payable poor to
<br />the due dates of taxes, assessments, insurance premiums and ground rents, ,hall exceed the amount required to pay said tares,
<br />assessments. insurance premiums and ground rents as they tall dot, such cues, ,hall be. at Borrower's option, either
<br />prampely repaid to Borrower or credited to Borrower nn monthly instal!menn of r'unds. i( the amount of the Funds
<br />held by Lender shat! not be sufficient to pay taxes, assessments, insurance premiums and eround rents as they fall due.
<br />Borrower shall pay to Ixnder any amo!int necessary ro make up the definencv within 30 days from the date notice is mailed
<br />by Ixntter to Borrower regttesting payment thereof.
<br />Upon payment in full n( all sums secured by th+s Deed of Trust. Lender shall promptly rotund to Borrower any Funds
<br />held by Lender. If under paragraph IR hereof rile Propem n sold or the Property ~s otherwise acyuircd by Lender. 1_ender
<br />shalt apply, no tutee than immediately prior to the sale of the Pmpeny or its acyutsmm~ by Lender. any Funds held by
<br />Lender at the time of application as a credit against the sums secured by this Dted of Ln+st.
<br />3. AppliesBon of Paytoents. finless applicable law provides otherwise. all pa}ments rearved by !.ender under the
<br />Note and paragraphs 1 and 2 hermf shall be appbed F,y 1 coder first .n payment of amoums payable to !.coder by Borrower
<br />under paragraph Z hereof, then to interest payable on the Vote, then to the principal of the Note. and then to interest and
<br />principal on any Future Advances.
<br />4. Charier; I-torts. Borrower shat: pay all tasty. asscssnrrnh end other charges. fines ant imposrtions attributable to
<br />the Property whicfi may attain a priority over this Deed of Trust. and teasehoid payments or ground rents, if any, in the
<br />mariner provided under paragraph 2 hereof or, if not pail m such manner, by Borrower making payment, when due, directly
<br />io the paytt thereof. Borrower shall promptly furnish to I coder ,ell notice, of amounts due under this paragraph, and in the
<br />event Borrower shall males payment Jirectiy, Borrower shall promptly lurnish to Leader receipts evidencing such payments.
<br />Borrower shat) promptly discharge any lien which has pnonty over this Ueed of Trust; provtde.l. that Borrower ,hall not be
<br />reyuued to discharge any such lien su long as Borrower shall agree +n writing to the payment of the ubhgation secured by
<br />such hen m a manner acceptable to Lender, ur shall .n good !:nth coolest such hen hy. +x Defend enforcement of such lien in.
<br />lc~ai rxaed:ags which operate ar prcvem the tnlurtcment of the hen or turfeiturr- of the Property or any part thercoL
<br />E4aard ittweraeee. Borrower shall keep the impro:emcnts Dow esiving or hereafter erected on the Property insured
<br />against loss by fire. hazards included wrthm the term -~tstended coverage`. anti ;urh other hazards as !.ender may require
<br />and m crib amounts and (or wch penuds .+, (enter may requrre, provided. that Lender shall not require that the amount of
<br />Stech coverage exceed that amount of coverage required is pas the sums secured h: this Detd of ~Lnist.
<br />The insurance earner provtdmg the trnuranu- ,hall he chosen by Borrower subtect nr approval by Lender. prnv:dal.
<br />that such approval shalt not tx unrrasunahly withheld All premiums on insurance pohaes shall be paid in the manner
<br />provi~d trotter paragraph 2 hereof or, d not paid m wch rnanner, h} Burrower making payment, when due, directly to the
<br />imurarxc carrier.
<br />All irsurance pohues and rcrxwals theaut shall hr ur form a~~rptahle to I enter and .hall include a standard mortgage
<br />clause in favor of and in totm acceptable to [ender Lender shall have the tight to bolt the policies and renewals theme^o(.
<br />and Borrower shall promptly furnish r, Lender till renewal nuurr~ ant alt receipts u( paid premiums. In the event of toss.
<br />forrower shall give prompt rrouce to the insurance car+cr ant Lrnder. Lender ma} make proof of loss if not made promptly
<br />try Borrower.
<br />linters Lender and Borrower othrrwse agree m wnting, inwranee prexerds shall he appbed to restoration or repair of
<br />the Property damages, provided such resturauon or ropey +, nanomic;ill} teastble .ind the scarily of ehu Deed of Trust n
<br />not thereby impaired. it ws:h restoration or repau a not c.:onumicaii} ieastbic or +f the securay of this Deed of ~17ust would
<br />Lx impaired, the insurance proceeds shall bt appbed to the Burn, soured by this Ueed of l7ust, with the racers, if any, paid
<br />to Borrower. -f the Prupa-rty is abandoned by Burrower, or if Borrower talk to respond to Lender within 10 da}'s from the
<br />date Douce is mallet by Lender to $orn>uer that the insurance carrier oRers iu srule .r claim for insurance benefits, (.ender
<br />ti authorize) to collect and apply the insurance pt ureeds at Lender's option rdher to restoration or repute nt the Property
<br />or to the sums secured by [his Decd of Trust.
<br />Unless 1 ender and Barraxver oC newts: agree m wnting, at:p such apphcauor. of proceeds ro principal shall nut extend
<br />or postpone ltte due deft of the munth!y itrstallment-. referred to u, paragraphs I ant 2 hereof or change [he amount of
<br />such installments. If under paragraph I ~ htreot the Pnaperri +s ncyvired by I ender. all tight, title and interest of Borrower
<br />m and to an}' insurance puhaes ant m ant to the pn!terds !heron! resu!tmg from damagz ro the Property prior to the sale
<br />nr acywsrtion shat! pa>s to Lender to the extent of the swna ,toured h} ihu Derd of 1 rmt immediately prior to wch sale or
<br />acquisition.
<br />6. Presenstton and Malntenarrce of Property; Lcasehutds Candomioiums; Planned Unit llevelopments. Burrower
<br />.halt keep the Proper} .n gsh.J n'na.r .mJ .hall not _~,+nm+t waste ..r prn,ui :ml,an room ,u ten.,ralian of the Property
<br />and shall wmply wqh [he prcvisusns srt :m: tease rf this Dzzd of crust ~s on .+ Ira>chuld It this Deed of Trust a on a unit in a
<br />condominium ar a pl-anneJ urn si.;velupment. Burrower shalt p_cfunn ell of Borrow-er's obhgauom under the declaration
<br />or covenants creating ur govrnung the amdominmm or planned tin,[ des elupment, the by-laws and regulations of the
<br />condominium or planned tiro! Jevelopmcnt, and consutuem d+xumcnte. It a ~:ondomimum or planned tiro! dr. eiopment
<br />ceder is executed h4 Borrower ant racordeJ together with thin Deed of I rust. the covenants and agreements of ,ash rider
<br />shalt th' tntorporatc-s'1 into aril shall amrnd sod wpplement the c„tenants end agreements of ihu Deed of "(rust as rf the rider
<br />were a part hereof.
<br />7. Protettion of Lender's Security. It Borrower tads [o perform the covenants ar;J agreemsbnh contained in this
<br />E)eed of Trust, ~ if sit} a.:uzxt os prcc riling a rummencni wh+. fr +natenaily atfecta Lender's iniereot in the Pro{xy}.
<br />including. but noE limited to. !miner! domain, :nsi+Irencv, cud! tnturecment, ar area ngemenis ur proceedings im olving a
<br />bankrupt ur decedent. then Lender at Lsode is option, ut,un nonce to Bc+rrower, may make wch appearances, d+sbu tie such
<br />wins and take wch aUCn as is neccssar} to orotcii ! ~nder~s interest, including, but nut !linnet to. Jishursc:nent ~+~
<br />reasnnab{e attorney's fens ant entry upon the Pnrpc:ty !o make repairs If LenJer rcywreJ mortgage nnuren.r .~
<br />wmiition of making the roan securest by ihu (heel ,,f Trost, Borrower shall pa} the premwms reywnd to m,uniam ,wch
<br />insurance m effect un•d such tune as ehe reywremea[ for >urh nnurancc terminates tit xccndunor wv;h Borruwc;~, ant
<br />Lender's wntttn sgrtemcat or applrcablr taw Bcxn,wer .hall (vv the amount of all court cage +mura~re prcnuunn ni the
<br />marnsr pru•.ided under paragraph ~ hereof
<br />Anv amour;s disbuncJ h} tender purwam to this paragraph ', with interest thereon, hall hen,;nc addition::.
<br />ianfehtsdnsss of Borrower secured by ihu UecJ at Trust [-mess Borrower and Lender agree to s,ther tcinx tit payment. such
<br />anwunas shall t>L payable u{x,n nonce- !root Ixr+Joi to Borrower reyucst mg pa}inert thereof. ant ,bait Ixei uutrest fn,m the
<br />date of disbutsetnsnt at the rate payable from time to time ,rn nu;,t.mJing pnncspai urdei the Vi+te ;oilers payment of inte« •st
<br />at each tale winrid tx .vmrary to appi+sablc !a•a. ro whie.n event stash amuun;s shall htur utterer! at the highest rrtc
<br />psrtzitntrh:e sander apphcahlt ?aa tiothmg ~:,ntarntJ m ihu pa:agrnph 7 .bah rtyuue lender to incur ,tort expense or takc•
<br />are ac't urn htrsrr.,der.
<br />6. irspect:aa. S roil!! ma: rer;tk.- + auu u, ere crude r a- airi :+t. u•+ .+p. n -ins;+e~tn!ns tit the I'topc:lv. I - + isx!
<br />?has [ cn;icr shall ~,vc- $c.r t,+w-sr n,M.,< , r- ,t ts~ ,.ny such +mpi.~t .+ ,mss riing na.. -na'sIti ,-au,c ihs: elm rLurd ,~ I s_ia:: ~.
<br />.mcrrz= :n itx Froosnv
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