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<br /> <br />$1`rAQQ~.~ <br />UNIr~(taM GLIYENA3lTS. harrower attd Lender uriCnanl slid agfet :15 fniiUWa: <br />t. Pa8' of Prinedpal aced /orer+esi. Hwrowcr shall promplty pay when due the principal of and intues! on the <br />Imlehtedtttss evidenced by the Nott, ptepaytnent and late charges as provided In the Nate, and the principal of and interest <br />un a Future Advances sa:cured by thl> f5+eed of 7nat_ <br />' <br />6nda tar TasJw.ard ltaauatxe. Subj+ta:i to applicable taw or to a written waiver by Lender, Hottower shall pay <br />2. I <br />to Ltnikr nn the day [rtanthfy installments st pnnclpai and im,:rts[ are payable tmJer the Noce, until the Note is-paid in frill, <br />•. °•m r~-rti: "/=z~,~"' .:,coat tu- ::: °-twelfth of tfw yer:ty tomes and ~rs;~sstlrants which t:eMy i=?tTts priority over this <br />Deted of Trxtst, and ground rents nn the t>raperty, it any, erica atec-twelfth of yearly premium insiaBatttris for bazar! ittsurartct, <br />ptrrs otte-twelfth of yearly premium installments fur mnrtgagt irsuratice, if any, alt as reasonably estimated imtiaily and from <br />time to tirtw Fry t.tatdtr trtr the bavu of assessments ahd foils anJ rcasonabic esiimatts thtrtof. <br />Tht Fulcra shall r>c held in an trtslitutinn the deposits tar accounts of which art Insurert or guaranteed 6y a Ftriernl or <br />state agetuY firuiuding !_eruier if [.ender is srreh sn inuitutiani. Lendr:r shall apply the Funds to pay said taxes. a:sessmtn[s, <br />itisretanet premiuts alai ground reels. I_erirltr may lure ehargt for su holding and applying the Funds, analyzing said arsount <br />_r vertfyi~ ~ compifing lard assessman`s alai hills. unkm Lrudr-r pay> owrowtr interest otr the Fttntfs~ and appficahk law <br />permits under to make such a charge. Horrowcr and Lcuder rnsy rgrce to morning at the time cff execut/on of this <br />Deed c>f Trtru that interest on the Funds shall fx. pard to $o:rawcr, and unless such agreement is made or applicable law <br />rcgtuJes such inures! to be paid. Lenrftt shalt nut tti. reyluted to pay Burruw:'r an}• Interest or camengs oir the Futtds. Lender <br />.hail girt to Borrower, without charge, an annual accouming of the Funds drowufg credits and Jehitx to the Funds acrd the <br />ptrtytma fw whklf eru3t debit to Itfe Funds was malt. 'I'ht Frmtis are pkt'gcd as addiuanai secririty for the turmu secttad <br />by this Reed of Trust. <br />If the arrtfuittt of lltM Fut~ htt4 by Lent~r.:tf;~.:rrth rte future mur:lhly inKa!letttnt_z of Ftritds paya~ prior to <br />ehe dtie dates of tares. assesments, f+twrance premiums and ground reins, shall exceed the amount required to pay said texts, <br />asstasrtrents, insarratrce prtmiurtt> and gmurfd rcni> as they tali dlu, web rzccss >hali tae, at Borrower`s option, either <br />ptarnptiy repaed to Bormwtr or credited in tfnrrnwer [in monthly instatlrsfent> of Funds. tf the amount of ttft Funds <br />fold by lxnrkr shalt tali he >fdTulenr in pay lazes. asscssrnetas, ~nsuraiue premulms and groutuf rents as they fatE dlx. <br />HorJrxwu shaft pay to f_cnckr any amount necessary to male up the dctictetuy W~lrhrn 3t) days Crom the date noaice is mailed <br />by t.endes to Bormwtr requesting payn~nt thtrtrof. - <br />Upon payment in full .>{ alt sums secured fay this Dctd ut Tnrst, [.enJtr strati prutupriy relund to Borrower any Funds <br />held by t.etfder. tf under paragraph tit hereof the Praperty „ u3W ur the. Prnperry~ is uthrrwlse acquired by tender. Lettdtr <br />sitaB apply, rw icier than immedtatefY pltw ro ttte Batt .,f the Propcny ,:r 1ta ,tcyuisttiun by Lender. any Funds held try <br />!.Cade( al flit ntM t~ 3ppfleatxrn a5 1 t're{Itt agaln5( the ,iml> aef: nred by tflta Ute{l t){ l`rn3[, <br />3. Aylkwtiea of Payaerts. fJnicsa apptu~abte iaa prov,aies .xhctavrse. all paymemc rtcelved by Lendet under the <br />Nam and paragraphs i and 2 hertuf snail be :.pplftd ha 1 rnrkt fin[ :n payment nt arnurn(a payable to I_trlder by 8orrawer <br />uae6er puagraph '_ hrxtot, then to interest payable art +tfe tiulc. then fu the p[ux~rps! ut the !Nate, and then to inIt/YSt acid <br />prrtutpal un any Fufurt Advaruxs. <br />t. L`hargs; 03awt. Burrower shah pay .+N t: nes. asaessme+rt, as,ii .wrier .barges. tints .,trJ :mptnnions at2ribntabie to <br />tF~ Prerpaty which rnsy attain a prewtkp avu ihrs Deeat of Trust, scut leasehuid payruent> or ground tarts, if anY, in the <br />rttenner pmvtded ttodts paragraph 2 tfetcut rx. r( not paid to such mannes. try Fkurruwer araktng payment, whch dot, directly <br />to Iht payee rtrtrstxf. Hsarrowtz shat! prrxnptly furai>!f to t_cntlcr all nonce. a,t atouunts Jut under this paragraph, slid to the <br />evert 6orrulrtt shall retake payrnenl directly. Borrawtr shall promptly tnrnlsh u, Lender rece+pu evrJcncrng such payments. <br />Borrtitvat afaall prmtptly ~fsar~e any fiien whu:h has prlorny v>ver this i~eJ ut [ ru>t: pruvsdeJ, th.{ Bcrrrowcr stral! not Ire <br />tcrpwred to drscitarge say such Iren so lung as Borrower shall agree ur ~«rrtrng te> the payment of tfx obhgau{an stzored by <br />larch 41en err a maeaet :wt:efrtabie to i.enfitr, .x Utah in gcuxi faith :unrest sucft ircn hy. ur Defend cnturcemen2 of such lien ea <br />itgal xa~d~r~s whit [apwazt to prevu;s the cnlarcemens at the Ilen ur tat?cirure al tt~ FropertY us any part ihtrtof. <br />f <br />J <br />h <br />P <br />t <br />i <br />d <br />h <br />erea <br />ter crtcte <br />nn t <br />e <br />roper <br />y <br />nsutt <br />!-fAmi Imrriree. Bnrmwer shalt kelp the rmrrovernent> tww cztst,nr; or <br />agarnat toss by fire. hazards trn:turfed within iht term "eztttitkd crrvernge"- anti :u.:h ~:ther hatarua as Lender may require <br />and rn>u~# atrawnta and frn such pu:a'~ as f.encicr may rrxtutre: provt~. sflat Lca;ter shzti ~ rettutn: that the amount of <br />such {oretage tutxd that atrsotlnt of ;areragc tttauutd to paY the aunts s€.~utiuJ h} trio L>eed of l rust- <br />The insurance carrru arovufing rht insutanre shalt ffe {htrscn by Borr.rv.er suJteii to apprucai by tinder: prov+deJ. <br />Hatt stsh aovaf shalt cwt tae u-rta;rsreakziy wrthhtid. .Ali prtmsums {)tl +usuratuc p+aiecus shall he paid in the nsaterter <br />prartdtd paragapb 2 txttot ar, tf nut paid ++t sfich manner, by Borrower ntaking payrncnl, when Jac, Jtratiy to the <br />t» . <br />hit rtrsuratict pril+cies and retfewafs thtJtut s.°tait tae +n twin acctptaMe w 1 collet :rod shalt tru;ttxit a standard rttongagt <br />ciatase rn favor of scat In form actp[afaie to Lixtdtr. I_enikr -halt have the nght to twirl the Ivaiic+es and renewals ttureof, <br />and Borrower ahaB pJampily ftuntih to Lenlier ati tcntwal iaenues soli :ill recaps ut peed premiums- In rife event of tosx, <br />tlOrrawer ifsati gtYt ptrnnpi iM3itL:C to tttt !nsuraJa:e t;arrter s+1J Ltntttr. LCn,kr rnsy Itfat.e pfout Uf Itfs> It nUt ntBdC prwnprly <br />by BSrrrx~r. <br />tinkss Lcndu alai! Borrower u!lyd moral arrec m ,vntu+g, +mutarrcc prn::erJi ,hail ere appiltd iu rz~storation w repair of <br />lt'x Prttpeny ~• praYnltrt satin resrnrat+on Uf rtpa+t tS tCUnkltlttc clay [Ca>/talc .trill rtu SeCilrlty ttl th+> IJtCd nr Trttit 1> <br />trot tlew'dlp +mpaared. If such rtsaotatrrm ur reflterr is [I{at tcunnnr+catfy tcauhtC ur :t ttfe security of tens t}ctrl of Trt+it would <br />>x tmparrtti, tree +nsurarncc ptoca•~ shall ht appiitr! ro tt«: sum. aecurtd by trio field ui T-ru>t, wnh the :xcrss, if any, paid <br />t0 ~`7`. t?~€':, la :bti- ~ifJ~rty 's"s ~w°ziidi3i~t vj tic +l UYtYr, .,r :: it:~rrVyi'2r ts1h. 's[: rC:~i:rtL! riI LCSS`3P.i wilhlrr .{t} day4 tfbin (i1C <br />ttafQ er[Yr/:e f5 lntlleii fry Leader (U Btittnaatr [hat tiaC iriilffanCe ~:UriCr Jders IJ aellk a C~afm tw maliraeue betwfll>. Lefrrter <br />u attttxrrttsd w eufbct and apply the :asura~e prixteds at Letrskr~s r,ptunn rlstrcr to [rstaratran ur rtpa+r of [he Properly <br />+~ ice tI~ ~.._ se::ur~ by trill ~~! of Try. <br />(ltslas (AadDr cad Bottovrtr utherw/rde agree rn mottling, city aerh :spptrcauurt ul pr{lcetxt> w princrpsl xhali tfoi extend <br />w ppatltunt tf[t r#ut rtitt of Itta [tmnihiy ,nuaifrrxttvs rcrrrrtai let in paragraphs i and ? frrtrent or change the amount ui <br />)tech 4laitalln'Mrari. II tsn/ttr paragfaph tti hettul the Ptuperiv ix a.:tuirtd try 1 rn{tef, ail t,ght. title and +nttfC>i W BnfrUwer <br />In slid la any irtitrtinr'1R' poircw cad +n alai t0 the pmcreats thCiCOt resufurtg (runt damage to the Property error to the sale <br />tx atlinrufron strati pws [u L.tadtr Ili ttu extent ut the laths stlureJ try trio Detzf u2 Trttss ,rnmed:ately prior m such sale w <br />aogtaaiawn. <br />+6 P'atsrrvrdww cwt !ktwkaeeaawu ad may; L €'rmiemllsfrrds: Pttaraet User iMrltapwb. .Borrower <br />+tralt tfee Prtaptrty rn gcxati rcpatf arul strait tiro :;a3Rrntlt s+aiie s'.! t'K'+nlet 3mpanlTlem :1( JelCtiVfathNl tit fhC Propetty <br />Sint. Shah CtiR' npty wrtli the prOYiilnrih Qf any lta>i` if [IHi l~iY"d at( I rt11t {a Jt) a i@aSChUtd- tt Itlri (~Dtrt Jf Tritil IS nil a nntt In A <br />z'lMdrtplrertlm or a pfanata! unn dexttoptaent, Boircawtr >frafi pcr3orrn ail {,i Borrower i ubfrgatfotu under the rtGitarahun <br />i)r lea i'tL'S{rng ill govtfmna i~ C€}trdaitiimnrn Uf pian[1tJ sAnfl sfck'ets}patent, ttY tsy-faw> ::nd !rg,lti3{tq;si i`t the <br />c06tOBWtlWlF w p4andd lrml ittrtlUpltitnt, clad C{anit+iuenl di>EUrntnt}, it a :nRd(WnlmUm IN plan(iCd tlml dCL'tlrrl)inenf <br />rttietr is ~ bq BcznraYtr slid rceorrlest togettttt wnh rhrs (}eed ut I lust, ttte cuvcnams acct agrtttfrenrs of stub r+der <br />slptll ba ;[rcarporared true alitf shalt arslead arwi supplement the cosettanra and agrtcrnenes of trill Deed ut "T'rust:rs rf the nder <br />urstt a pill hettaf. <br />t~ of 8-teder'a S• €€ $orrau[tr farts to eta#.?rxrt r~,t wvcrrauts anti agretJ[rent> eontaitred in trill <br />Ckad d l'tuel, w if cap aeyiwe of pitKSpedi[eg Is custirnersced wl+rvh tnatcrrafly atfec[s i.eruter`> inttrtai +n the Property, <br />int~ltta~, bwt ttet litekted W, eaeelnNtt dotr+arn. emsrfrtta:y. carte entcrctmrnt, ur arraagtnterets ur pruceedinaa involving a <br />ttwwitaapt to rteodtesas, abet! >rtnder at L.trfder"s option. uptnt ntatn:e lu Burrowu. =nay make sttz-h apptarar+cn, dr>tfut3e srnh <br />aiMb ant Sake s+utlt atYion as h rleeeswy tU pprroKlct Lttrifer~a enlCreat_ 11rC!lntrng, taut RUl htntled W. Ji>ifufsetnent tat <br />y +murarut as a <br />utrad man <br />nt <br />irs it Leruur te <br />r atttxa'tta <br />il fad <br />u <br />o <br />th <br />fitt <br />e <br />rl <br />nNr <br />tt <br />r <br />k <br />q <br />g <br />p <br />~se <br />t r <br />pa <br />y <br />cu <br />r <br />y <br />n <br />e <br />y <br />o <br />a <br />uireat to ntaintatn >tteh <br />r <br />ffi <br />I7 <br />t <br />ti <br />h <br />f <br />u <br />h <br />! <br />u <br />i <br />' <br />¢ 7 <br />B <br />e premeams <br />orrower s <br />ra <br />pay s <br />c o <br />tml <br />uesx <br />+etd rl <br />ro <br />, <br />tat <br />t <br />tg t <br />e torn sew <br />a <br />~ t <br />in +r~ft ..~, l;aae as €tre rty>rirttrse»: fur inch rnwrarrcc tumrnaaes :n araurrfattct wt:h 1'~JCwer's asfd <br />la's swtaait agJttaostii or a taw Bonnwtr shag pay the artwarat .rl at! rrwngrgc arcwratut prtmtunu in rite <br />a <br />t+w• prrridtd irwdtt to r 2 <br />hnexrt. <br />itatWiwrAt d-rt~atd by I..tctl4tr pruswnf w tbu iuttigraftt 7, waif lnttrtat ttatrsun. ,traB tset:cunt tcddxFtunst <br />i - - - of Brxrterev iMSa~ed by t#bS t)etd ai Trust. Unitas Bmrt•wtt acrd Lender agree to athti terms tat paymtai. such <br />aaeo.mts tA9attf hit prytdelt tipa+e cotter fr,rysn t.aJedtt to Hiurowet rettieastrrfg paymcttt ttxreaf, and sfiali treat rtterast !tom the <br />taHt ~- tr iris rata tdyaMO ftYtet tilpe to trine acct tnrtstarrrkng piim•.spa! urt~r thc'sntt antral paytnsor of ttuerest <br />a1 MI631 rltrr wtrtild bt t^t~rfrtrry to appheaitlr taw. in whn;h event ouch articnutts shall tx.ar ,ntsixst ae the highest tell <br />timtei ~ last. ?dsuhiag t~ to tars Patagrat~ ? shalt rt;quert I,_ettsitr to rttcsrr eny t:aliert6 tN tttitt <br /> <br />>b <br />i=ce Traify' rwac. w c~uwae a ...._°~~ r ~ :::,.,e~".~ t.:: „f..~. ».-«i ~.sya~...-,~.= iii lire trrotir'Np. errs:~..R <br />5 <br />,~,~ <br />tors ~.a¢sw~ gtr& 83rrrtirXEr rWttt:t pFlOt t© bnY >NL'lt In3p6CtM4an ipN4`rfy rilTt fCik3(ffinbtC ~;1iLaC St4CiCtOr [Cintt£t tLt I:c°tldtr S <br />tit la the ~r_ <br />