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<br />Uxtwcwess Covexaxrs. forrower atut Lender covenant and agree as faliows: ~ ~: ~l ~ ! ~ " ' -
<br />t. ttf asd ttffierat. borrower shall promptly pay when due the principal of and interest on the
<br />itt~Dtahtess ev'tdetsc~t by flee Neste, prrpaytttent acrd late cftarga as prov;ded in the Na#e, and the principal of and interest
<br />tat set Parrot Atfvattrres secatraf by this [k~sd of Trust.
<br />1-tstt6s fwr °Y7ms ri Heeuteroee. Sstttjtxt to applieaftk }aw or to a written waiver by Leader, borrower shaft pay
<br />to l.tndtr rot the tfity neon#hky iees[aBmsrtts of pnncipai artd fnteeest arc payahfe under the Note, until the Note is paid in full,
<br />a stmt fktsscin "Ftttt$t"D equal fo one-twelfth of the yearly taxes and assesstnenu which may attain priority over this
<br />f~ of Trttsr, and grosstsd recta an the Property, if any, plus nne•twelfth of yearly premium installments for hazara Insurance,
<br />o„~t~°l¢ ~ y~aa-rjy pu'3- i:~all,~nta fcsr ttnre*da6°e insuara_nte. if any, all as reasonabky cstima¢ed initiatty and from
<br />rime. to tune by tetxfer ore itte fttus of asrzssertsttts and (sills and reasonable estrtrtates thereof.
<br />-Clio Ftuldat slra# be held in an iflElitu[ion tht deposits or accounts of which arc insured or guaranteed by a Federal or
<br />state agtttacy Eincitsdittg I.ettder if tender is such as institution}. Lender chalk apply the Ftutds to pay said taxes, assessments.
<br />itmtxartct premiums std grmsnd ttyfts. t.eatier rosy rIW charge for so holding and applying the Funds, artaiyzing said a count
<br />~ verifying sttd etzctpitiag said asxsattxnts ared frills, u!tless Lender pays Borrower mtcrost on the Funds and applicable #aw
<br />is ixnrkr fo make such a cital•ge. batrower acrd Lender may agree in writing a[ the time of execunon of this
<br />~of Trtut that intertst ua i,`ee Ftutds shall be yard to borrower, and artless such agreement is made or applicable law
<br />rcgrares xucfe irttettsi fa lte paid. Lceltfer shall trot he requtred to pay }3orrower any +ntcrest ar earninp~s on the Funds. I.ertder
<br />Shah gtvt is borrower, wuhout chards, an anmsai aecouneing of the Funds showrng Credits and de:btts to the Funds and the
<br />ptrrpaee far which each dek>it to the Ftereds was tm3de. Tkw Fulyds arc f>i~Bcd as adtfitianal security for the rums secured
<br />tw Chu of 'T•t~.
<br />tf t~ arsa'>nt ttf ilr F: ~ by e_ender. together xitk iftt fatarc taanthly ins€allments c,f Ft:rds payable prior to
<br />the due dates of taxer, assesstnettts, rrnurance premiums and ground rents, shall exceed the amount reyuircd to pay card faxes.
<br />astessmsnts, iessunnec psstmumx and ground rents as they (afk dtte, s=tch ezccss shall tx, ai Barrowsr's upttan, either
<br />pravtptky rspud to 6arrttwer ar crtx$itesl to Barrasr an monihiy instailnten€s t,i Futufs. if the amount of the Funds
<br />hdd by trader shall trot 1st sttRictt:nt to pay taxes, tcsscssmertts. insurance: premiums and ground rents as they fail due.
<br />borrttwsr shall pay to t.entftr any amattnt rtes-essarv to make up the deficrerter' within acd days from the date naticc rs mailed
<br />by La^ndef• to ttottasttsr t•egtresoarAft payment thcrsof.
<br />Upon paytsteuet is frill of aU starts secured by thu 13ecd of Trust. Lender shall promptly refund to barrawer arty Funds
<br />kttid oy ist¢eies. if tsndtr puagrsph i3 Hereof the propersc „said or the Frrpcrzv <> otherwrse acyurred by Lender. t.cndcr
<br />ahali apply, rto Later taut itttmtdiatsly prtat tea the Eaie i,# the Property or rt= acytusruon h}• Lender. any Funds held by
<br />t~retiar at ifx lime ~ appiieatiatt as a credo against tits sums soured try this decd of trust.
<br />.'.. A -`'- - r:_w .. _a_4 r.... _ .rtes ~: `°.-:: m:.. aft -arise.^.ts ++ .c:,cd ~. f .,_.t.r .....a..^r t'.:e
<br />aga~o ~........~ .pj., :. o.,..: ,<.: ~. ,.:
<br />Note and paragra~es f and 2 hereof shack kx applud by l ertdcr he5i ,n pavrrtent of tamannts payable to Ltrtder by borrowers
<br />natter paragraph _ hrZOf, thsn to interest payable rm itx Note. then let ttK txmapai of :he Note. acrd then to interest and
<br />pritrsipal oft am, Ftsttere Advances.
<br />i, [/accts.. Htsrtrwer :hall pay sit taxes. asxcssmcnrs .end +*i her cfiarges_ tines and ~mpasrtians attributable to
<br />the t'roptxty which rmy strain a pnorrty rrcr thn Deed of Trust, arsd tcascfscaid payments or ground rents, if any, in the
<br />mi66tf ptrovided under paragraph 2 hereof ,x. tf rut( paid in such manner, fey borrower making payment, when due, directly
<br />to ttx pavtx tttsrear. Bofrawsr shelf prtxaptly f urnish to t ender act rxxtces of atnaunts dttr uns~r (hrs paragraph, and .n the
<br />event batwwer shall [Hake payment dusctly, borraw~er shaft prompii}• (urn+sh in Lender rccnpts evidencing such pa~litenis.
<br />tlorr~twer amik pr,±9i.pafy >iscbzr~e any !xn whtt;ft t•a= nr,nrtty e~•rr th+s i?p?+4 •,# Tr=++t' pre,,:;.tc!t that i_'•arrL+wer sftali sot hr
<br />rtytrared to dexhargs any srxh iaen sit fang as flarrawer shat[ agree sit ~.veneng ;., the payment of the ohirgatmn secured by
<br />stts#t frets is a roartfser accrpta6k to Lender. cti shall m good faith contest s±rch t.en hy. ar afetcnd enfarcetnent of such iicri in.
<br />r~+gaf $s whxh oper{ap~te~ to prevcat nc~ rnfarcessxrt <,# ;!x kin .,: ;. rtcuure cf : R FraTserty ar any Part thereof.
<br />~~~ se6q rawCr 4hail keep itK rmprovr cnrnts nsrw exrsurtg ar hereafter erected nn the Fra(xriy insured
<br />aAatnst to3s try , ttaeards irtclttrkxf wtff[tn the torn "extended : overage ". sod strth otfrrr haurds as I.cndtr may requ+re
<br />and is sstch asnrxutts:ad far gutM periods as 1 emkr may requsrc; pmvts#sd. !t;at i.credcr -trait nut requrrc the? the amount of
<br />setc#t cavsrapRe cxtcsd that amcatat a,t cuvera~ rrgt»rcd to par the swm stxurrd by (hrs kXrd art I n~st-
<br />7tv, i.~.~~ a_arrt:-r runvuti_r~ flee :niursrsrti chalk he .h:,asen trY Fturrawcr :+r3stcct :,, apptxev;t! hY k ender prov,ded.
<br />tlBtt s~dl apprarat shall mt be unrsasonahiy w~rthfxld. Afk premiums on ,rtxutancc t'oirties chaff ?,e paid in the manner
<br />(srartided tmdst paragapfi' lxrcof at. tf rent peal <n streh manrtee. h}° Borrower =:,aktng payment, when due. direaiy to the
<br />isBUragcs tavrisr-
<br />Alf stxittsralce prtkteus atak rritewals thttcat shah kte m form acc'eptabfe !., f rnc?rt and shaiF rnciude: xtandard rswrtgagc
<br />c}ataae to favor tsf anti in torsos -:zeprahfe to k_envcr. tzndcr raft hate she nghi r,r ;?ni.i she pctiicies and roaewals thereof.
<br />and borruwu shtdk promptly turauh !at f.crtder af3 rertewa3 nutxrs artd all rca:e:pes ,,f paid premiums. In the rvrnt of loss.
<br />borrower sftakt give ptatapt ttasce !n the +sawrartcs earrset a=•ts3 i_erttkr t.cndtr mar make peoaf of toss rf not made ptttmptk}
<br />tsy bstrsavrer.
<br />L#nksx frtxSer a~ borrower +xherwrsc agree err ;a rtttrg, ,resssrartcc , re!ta.ds chart bt appfttd to rrstaratsan or rcparr of
<br />the ?roperty dtitrts~ed, pravis'ttd sea tt rrstvra¢a,n of rr{'rnrf ,, e~e,tttrnac of#y !caev~ a.;d [~.c =ec s+r;:q of :h f3xaf <ff `fre!si :s
<br />ri# thsrsby tsapairsd. it :ax:3t i~.'strxatum ex repast is ntN cc4moatts:aiky icaxrftkc :u ~t tf€c sous uy cif thn Dced of fors! would
<br />tx trrtpatrsd, the ieuuratut prrxceds shack rte applied to the sums secured h}" thn Eked +~? Trust, wuh the txcCSS.:f any. pa+d
<br />to ilarrnver_ tf ibe Ptvpeny is w by' 3nnwer, ur += Borrower Each to respc.ntt et; k.esuier wtsh:n ?0 days from the
<br />date rtatrtt is maitvd key t.eadtt to borrower shat ttte +rrwrani,:- .arrrer :stTe*. to xrltfe a ,learns far insurarete tstnttits. 1_ender
<br />is aWFtcarirxd let ctrfket acrd ap~y (fit etesurante prxetds at i.sndtr's uptnxr other ut +extaratutn or repair of the Property
<br />ar to the sums secured bS' ?his kSeexi m` Tntst.
<br />Uattss t_¢ndtx aaxt borrasvsr utittrsniss egret :+a wrrtrag, an} suers appkrCatscxt ui prnccrxls ro prtrtc:€ptai strati not extend
<br />xH postpaete the due dale of the month#y rttnta#fmsnts reteneai :n ,t: paragraegts t and ? htrrtet or s:hange the amount of
<br />:te e~:tl~nis. !f •• ~,..t~ .>,.t•Y.p~ l & fxt-,:: ,hx, w•~,~^r, r;; :; a :pu:rte' .: i cr::lsr..:;::::fit, tai; and : ;.¢r~,..^,f °..orro;=e:
<br />in afwi is say inxtNatsCt paiiCisx a to artd !o the prcy:ettis thereof raufr,ng iron damage ut ttte Property prtot to the sake
<br />' .cx-urr.i by rte,. t7ri i „t rrtr~t tm.~*reswli nruu rn a~rrft cafe nr
<br />car acuuuitiixt sftsit natsx in kcrtder to the extent all tks• sun,: --.- - --
<br />6, vai3tts >~ cr ed 1'ra~pett).: #.erta; t:' used Uslt [?evakspm:us. Borrower
<br />shaft kctep tkic Prc~erty +n gaw.i rcpx+r acct shaf3 runt c.,tt,nxt ~..aste a>r xrrzvt impaumrn: ,•r ,3ct_-nuratrrrn a,f the Property
<br />and slaakk Comply watt the provissorss of any "tease rf (hrs Iked of Truss +s a,a a ieasehttkt. It (hrs [teed of T. rust rs un a unit in a
<br />cattd~att¢snittm or a piatsntd uat¢ devetopmexi, f~rrawer shah prsfurm aIk a,f k3arrttwcr's otsftgal:uru under the dcclaranan
<br />ter tbrcaants Creating or guvsrntng t#ee cYxx3amsnium i,r k*isatterf an+t dct+cfupttrent, the 6y-kaws .end regulations of She
<br />t cu akastttd carat cltvetnptteesu. and carestuuent duCUtrxnt= it :, ::,ndc.,rsttnrum nr planned emit deveinptmnt
<br />ristt-r +s csecuttsl icy Bpsrctvra:r and t•tzardetk t•sgtttxr v~!ih €ftts lAzi; ~~t # rest. the .svrnants asw agreemems of such (,der
<br />s3takl d+.s si¢earptratnk faro and sha#3 atisend and _cupry*knteni the cc=cents its a+xt agrecrttents <tt this flied at "T trot as if the rtdcr
<br />wars a part httteof.
<br />?. t~ +# t.aiix's SscrrYy. if borrrnrer Earls to pcrtx,rm :he anenants arnt agreemctsis c~rnta+ncv in shin
<br />Dtterd of Trust. of if an} attsvrr er prnc+tedtag :s ~uretttustced wbrch :naterratk} affects l cndtr'x interest in the Frepeny.
<br />itsCdg, bstt ttt# lrtrutad to, ennirtertt dorttatn, itet+aivereC}~. Cxxie enforcertxv±t, or arrangements car proctxdings ,nvo!vang :,
<br />i±ttaitrupt ar 6xca~eatl, tktest l.,credst at k.endsr's optxm, apart rxttt,e r-s forrower, may ma#<e stall appearanc-ts. dishursc such
<br />s~ tic > action as +s rtet~-c±sary to prtrieCt ttrever~. -tttntest. ,rn:fttdtng, liar not t+msir_r# to, dntxsrsernem w
<br />x!_!!,arvay33r ~a„ve.`oi. f„rw ~•±.i ...t.s: ....... ,M IIr=sue r,. ,,. _.... s~ :"^':: ~. is t ".~1.`}°_ '....t .,,,Y„, ".a±.,~...._ _~ _~
<br />~t6titoat tr# ta~er~ tsut~f~a st+CUtta! by rSUS tJ~eed of-T'rtss:. Hwrctwce stub! pa} the premiume ratutrad to enaentarn tissch
<br />+aaoima,se iex etdilCt tm^iF suer. elms ax tits ralttiretetent ice xtwfr +tnura;ee.~ [ri,:r,naica sit aecordartce whit norrowtss :ants!
<br />ttaAsr"s wn€taas agrteaetat m appl few. 73arrtrvtr chaff pay the antauni u! siE rswrtgage rnsuranic premiumx rr; the
<br />inaaaar prsnrit#ori tltsdsr {tttra~raph ~heaeaf.
<br />t~s ~. h±: t..scdtt prrrsu>snt f+.? this ~ragrapfr ? wtih +nt,;rrst thsres=n, .half tx::omc atkd;t:an:a!
<br />taltfetta~ Barrxrer{r sutured by slits fJcsal of Trtrs€ k_-aia'xa &.rrrrnver env t rrxfer agree rs other rotors of payment. °utt:
<br />Rttstitenta r~akt t.s payahis upon ttxrtiCS Pram k_s€tder to klorro3rer trtkusstmg paynunt thereof, and chaff bear unerrst tram the
<br />start rr! ~xtrsK at dta rats payahk Rant tiara to stmt en cutx[ariding prindpra€ under the Note, ureCeas payrttent cz( interest
<br />at tarot rttas ayEetbd he ct~ttarY t*s app#icable law, :n which avtnt sttCfs arru-nunts xftaff k,car ;r::zrest at lice l¢ighest tale
<br />ptt€asat~rn ~ mkt fare. '>:+a€hfrsg ivn4tiattk in this paragraph ' shsff rcyuire f_.endes trs incur any expense z;r take
<br />atav estA~pa kl~tmar9s$.
<br />fl. t#IIfYt~ps. feattsr may raakr: or aausa cat be nxads rcusutattis entrsss upon anel tnspccttizns cif the Prctptrrr, ptocraird
<br />tAgt t,~'~a# atltaG gvs k;otrwtvst ntstiee drat to any s¢Kte irMptCtttstt spectlyrng star+wtahit c-attse titer€tt.,r relatccf r„ k 4•=tafar
<br />is itta Pratterty.
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