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<br />LFxtt:oasa Caveautrra. borrtwer and [.ender wvenant and agree as follows: `^' ^~ ' ~~ ~ ~ ~ J 1
<br />I. rtry.teM a ?hl.eaga asi lrterssfl. B[urowrer shall promptly pay whin due the principal of amt interest on the
<br />trsdetstedness rvideaset:d !ry the Note, prepayment and late chatgex as provided in the Note, and the principal of and interest
<br />am an Futtm Advances secured by this Decd of Trtrst.
<br />:L IPda Pas Ttttwa.atD trspamrtr. Subject to applicable law or to a written waiver by Leader. Borrower shalt pay
<br />to Lender on the day rrtatnhty itutathnents of principal attd interest arc payable under the Nate. anti! the Note is paid in full,
<br />s seam {harem "Ftmdtt") tgtral to one-twelfth of the yearly taxes and assessments which may attain priority over this
<br />f1r.Cd of Trust, and grtxmd terns tut the I'raperty, if any, pies one-twelfth nC yearly premium instalttttents for htuard insurance.
<br />pile one-twelfth of yearly premium installments for mongage insurance, iI any. al! as rtasanaWy estimated initially and from
<br />tirr~e ter titer Isy Leatkr tin the ! of asseztttertts and trills and reaststtahk estimates thereat.
<br />The Funds sfrn)1 Ste Ixld in an irr;titutitm the deposits or accounts aC which are imurt•cl or guaranteed by a Federal or
<br />state ageaey finchding Lender if Lender is such an irratitutiont. Lender shall apply the Funds to pay saw taxes. assessments.
<br />ittstuatsscee premiums acrd ground reins. Leader may trot charge for so holding and applying the Ftmds, analyzing said account
<br />or verifying arld eotnpilirrg said assessments and biFls, unless Lender pays borrower interest on tlst Funds and applicable law
<br />pp~erttrits Lender to malts such a charge. Borrower oral Lender may agree to writing at the time of ezecutton of this
<br />!]end of Trust that itnerett on the Funds shat! tx paid to borrower, and unless such agreement is made or applicable !aw
<br />regtrirea such interttat to (x paw. I.tnder shall not bt required to pay Borrower any interest or earnings oa [tit-Funds Lender
<br />strait gore to tiorrawer. wirhrwt charge, an annual accounting of the Fonds showing credits and .lettits to the Funds and the
<br />purpose fm which each debit to tttc Funds was made. The Funds are pledged as additional security for the sutras secured
<br />by this Dyed of •Iru~.
<br />If the atitount of the Fund held by [.ender, together with the future •tsonthly tmtatimrnts ttf fintxls payable pnor to
<br />the due dales of taxes asxsamrnts, insurance premiums and ground rents, shall excrtd the amotmt required to pay said taxes,
<br />asrdsntrtrts, irgtnrartce premetrms and ground rents as they tatF due. +ttt:h excesx xhalF hc, at ltorrower's option, either
<br />promptly repaid to Borrower ter crt~ited to borrower on monthly rnstailmenis of Funds. If the amount of the Funds
<br />held by l.trtder shah rem be sriffteien[ to pav taus, assessments- ,nsurattct premrums and grrnrrtd rrnts as they felt due.
<br />Btxrower shall pay to Lentfer any aritount necessary trt make up the atetktencz wtth•n i0 days from the date native is mailed
<br />by C.rnder to bturowet requesting payment thert:at.
<br />Upon payment in full of alt starts secured by thrs DeeJ .tt Tnnt. ! rrtder ,hall promptly reit:nd to bormwer any Fiends
<br />held by LtrrdEr_ !t tinder paragraph !$ hercot the Propcrts r..uld ,+r stn Prnpcrty .x uthcrw~tsc acquired by Lender. Lender
<br />shall apply, rte later Shan "tmtnediasely prtttr to the ;ale et ttte Prr~per;v .,r ux a,Gtrtx,tion bs !.ender, any Funds held hp
<br />Lender ai the tithe of appiicaticm as a credit against rtes taint +teured by this fh^cd t+[ Trust.
<br />3. AppBraKas td t!"av>meets. IinFcss apptecanle ?aw }rrovrdes :xhcr tx. atl payments rccuved hY Lender under the
<br />Note and pangra~hrs F anti ~ hereof sltali he spppptrod by fender lint ,n payment tit amounts nayablc t<t i_rnder by Borrower
<br />wader puagraph _ htrevf, then to inttrrsr payable ten the tit+tt. thrtt =..+ tFte pnnttpa7 .rC the .'vote- and then to interest and
<br />priruipal on any Fu[um ldvantax
<br />~~.. (fit I,leaR Botrrnx'er slfati pay alt rave,. assessment. ,rn<3 .~thrr .harRes fincx antt :mpusrtiens attributable to
<br />the Prirp4rty which they attain a priority ,ever this Dttd of Trust. and ?easttwld payments +x ground rents. if any, in the
<br />mantra' ptvveded under paragraph 2 herret r+r, it rant pataF m such manner, by Borrower making payment. whrn drat, directly
<br />tit ittt ppaause thtteof. borrower shall promptly fumrsF. a,r Leniler ati mt[eir+;.t attlotants dtte under this paragraph. and in the
<br />event Borrower steal! make payrrttni dtrecuq. Borntwer shalF prctmptiy t+urnsh t;. t ender reeetpts rvtdenctng such payments.
<br />(lixruwer deaf! protttptiy dtsctsar{ft any lttn which has pauntp n+rr this Ikrd of fr,sr ttrarrdtti. that Bgrntwcr shalt nai ire
<br />requtrtd to t4scharge any stir:h l~n sa fang as Borrower shall ayret :n arnrog tr, the pay-'meat ;t[ the obhgauon secured by
<br />such lien in a manner accetttahk to f trader, ur shall in good ta;th tontcst tu~•h t.rn t,y. ,,t Jctcad tnfarcrmcm of such tern tn.
<br />FtgaF pprocettfin$s whrih operate to prevr,.t tttr rnit>rcemrrt .~£ ;tn 3~cn .~r !or;cuure ,•t the property nr any part thereat
<br />5. HiQati Istoratut. Bormwtr snail keep the rrnprovcmrnts :arrw c v„t,ng ;;r htrcafter crct-ted ern the Prapert}• tnsurtu
<br />agatrxst Casa by bro. hazards irrcttidsd within tttt term '~tstcnded :outrage' and ,.Kh „thcr nazar.is as Lrndrr may require
<br />and to sireft amtwttis atsd for such pcr;rrds as C.rndtr they rtqu,rt. provrdtd thee Lrndtr steal! n.! require that the amount t•1
<br />such axsveragt exceed that atstsmt to coverage requcrad to ;tas ahe tams ,ei tired tax toss lkrd of I`rust
<br />Ttie smtutanrt cartttr pmtndtrtg i)te trtstuanee shalt lsr chnsrn t*v Fksrn,wrr .untrcE u, apptav;rf by !endrr nrnvrde;?.
<br />drat stadt approval steal! not lie unreasonably wrtftttckf AIt prtmtums sin ~tisurance ftvhcics she}t hr peed in the rnaantr
<br />prttvitled tinder paragraph ? lstrrof or, ti hat peed m such manta, by )lorrt+wet ,raking payment, when due, directly to the
<br />manriilee Carrif.Y.
<br />A!S inw;anet poticks and rtrxwals tt~reot xh_€ k•r srr t,nm a~crprabte o+ 1 endrr atW shall txiudt a standard mortgage
<br />c}atise to fount of arrd in form accr¢tab#r t:t lender. Fender .hail trove tttr ,rght sir hntu tttt psrltctas nand rtnewats therrof.
<br />oral l3nrrawrr shalt prtxnp[!y furnish let !.endrr -elf srrtc»al rr ~tce-. and al} rccrrpxs rri ;raid prrmtums. la ihr event u[ tt=tis.
<br />Bttrtxtwss• shalF grve prompt trotter tr, tttt enaiirance _-ars~rt anti Lender t rrtdtr may make itrtxtt tt[ lost rt n.x mode ¢rc=rrtptfy
<br />bv_ &strovvtr.
<br />Clokis t.attdct sia} Bctatxrw+er antes wrar agrtr in was utg, .riser arks pnR rrds +fiah tx a¢pltesf w rrstaratktn or rrpau of
<br />ttse PmpettY damagsti, provided soh rextc~-eturn ire te¢arr ,x cdr-no~mca~i!}~ teastialr end arts srzu:uy ,rf thi+ flied ttf "Ernst ,s
<br />t•~ ttaErefsy rtrtpastest. If ttzch tt:storattttrs cr rear+rt rs t;vt; rfiQns=tnx:ans tcasehir :rr el the sr::vttty c„ this E?eed of Trutt would
<br />Fee tmparrrxt, the tmurattee prncceds shalt rte apptrrd to the srmtr, +rcured Fy !hit, iced cf 'f-rust. wnh the esctss, if any. pard
<br />to Barrovrer. If the Property is altatrdosttst by Fkxtc»vtr..,r it f3ormwrr [adx to rtspund tv !-endrr wihin 30 days from the
<br />dare txtvex is mailed by ? S to B~ortowtr CFtat the utsursnce ~srrarr ctlers 5n settle a claret €ar tmurarne henefits, [.rntier
<br />is aathoriud to e:rilect and apply the insurattec psocrtds at l.csrtler's opttostt ratter to rtstoeation ter repair of the Property
<br />nr-to ttse aims sectueH by tttia L7etd of 'friisi.
<br />Unltss i.ender and Bormwor otlrrnvise agree tr: wrnta~ any sash appicatutn of prttoeedt to prtnupal shalt not extend
<br />or the drat date of the rmtttihiv rrutatlrttents reterrcd to ,n paragraphs ?and "_' Ixrcot sr change the amount a}
<br />irtstallmeMa. if under paragraph F x herrut the Ptuprny as acqutted b5• Lender, a}I right, tick attd interest of Bnrrtrwtr
<br />in asd to any irtawattce ptain-ies and to arn1 :u tttc pntxersbt thtteot resulting Frnm dautage to the Property prior to the s:de
<br />ter argraisitittn shat! past to Ltyuter to tht tstrnt c+F the sums suvrrd by €)tis Lkcd of ~frust rmmrdtatriq prror tat xurh sale ar
<br />aCgttWitiott•
<br />i. lr9raaervalLs all llNiaMtawet d Property; LeaseMdds: CoradotAiaistrruc tslawtud Utak tkvt:lrrptnewts. Btxraxver
<br />strati keep Ftui !'ropertt to gsKtd repair ern! +FtaiV ttttr c,*mmn »aste .=t tiermtt atn¢art nteni ,tt ,knrrurranon tit thr Property
<br />anti aball rtataply with the provistn.'n of env lease tf tbn fktxi ttf Trust rs ten a itastttoid. 1! this [hrd of Trust is on a unit in a
<br />roodarrdititutt car a planned tmH deattopnttnt, 63etrnwer sha}3 pcdnrm ati nt Borrctwrrs ohligat;atts under rtes declaration
<br />to enitcoanrs cteatiteg or governing the cttndstmtnium ,~r ptann+cc! amt dtyelupment, the t:y-law-s and regu}ateitrts of Uu
<br />sinivm ter planned •~t tt°^-•rlopmrnt, attd :orsst.tttrn€ dxuttxrst+ IC a ~ tmdominium nr pianrttd unit dtvtloprrtrnt
<br />rider is executed by Botrttwrt atsci recttrtkd rogeilttr with thrs fhtd trf Irust• nc~ cavtnan<s and agrermmts ;af such rider
<br />alto!! rte itacptpo;sled lino arsd stut#t atrttmsi and suppirmcttt ihr cuvrnan€s artd agrettttrnu of this Deal at I'rtsst as of the nder
<br />hens a put harmaf.
<br />"!• lh~IteteYpaa ~ teatgn's 5acysfty. If Borrower falls tit perform stet rovtnants and agreetttents cenrarned in this
<br />Dpld s'd 'tttnm, ar if any atttims ur prooretling rs czatnmritcrd which matrrtaFly aHet:ts l..et~cr's interest in ahe Frctperty.
<br />ems, )xM tkM litn+oad tc4 emitrept domain, irtsntverx}, aide erttotsxrstent, nr arrangeimnls or pruetetlings involving a
<br />tatnhrupt ar dtttxtkesltt., [Nast Isntkr at Lender's uptton, upon rtutict ao borrower, may make sutlt ar~:.runces, dishunr such
<br />srMM and ta#te streh attxm as u try let pmrtct t..entkca interest, tttrltiding, trot tux hmitrd to, disbursement of
<br />t+giagNt~_ IC attoFaey's fpts and ecalry uptw ttte Ptoptrry to make repairs- I# Isetnltr rt'Ygttired mortgage insurance as a
<br />td-tt~tta; tQe-!Dart atztited zty this tltel stf `I`rtdt, Barrcxwrr shalt pay the ftternittitn rrqutrwl to tnatntatn stscit
<br />iussprapce ua e~eCt utstil r~ rinse ~ the rtqusrerrrent tar sects rttsurancr term}rtates in auardara:r with Bstrrowtr's and
<br />Iesdsr's srruseas agra+tsrttwn or a bk taw, butruaver shall pay ttx amount of alt rtutrtgage insurance ¢rtmrunts hx tier
<br />maps provittal tact0er ~ Isarrccst.
<br />.•Ly aaaraaaats by t.etxkr pxirauant to ilea paragraph ?, wnh +merest ihetevtt, shalt tree-onto aciduinna}
<br />iawfteptta sa€ R6rad4rlt lictutid Ng itss [kood of frtsst. llnkss Borrower and t_erider agree to otfaer terms of payttxcnr, sitcit
<br />aznoestta > lse ~ irce least I.~wdes tc't 8orasrrer r€~tictstatsg payment thereof, and shad tsar ioterxst tram the
<br />dltaa oft al the rtWe payahk Erma time to tiihrc tin evastanding ¢rtncipal under else Nose tmkss payment of lntt:rest
<br />it aa~h tide *vtnt~ lti rtitttrary to appliCah4e law. in which event xtcft atuntxnts shalt beat interest at the higlrut rxtr
<br />Ott taia~pt ~ law. Nodstng cwrtairted in thw patatsraph y shall regztiat l_r,'tder to itx°ttr shy eapettse or tolls
<br />oaf ~.
<br />ig. ~ I:.astisr ttaxy tsaita ter calico to be trade Fsastrnaitkr sntr±es ttpim and inc},cc4t.trtK oC the Prttpcrty, drovtdrd
<br />IatpAsr t~€g grsrr lttprrosrnr istR~te prior us any sitc•!t rnspactust sptt~fyina rtnt~tnabtc cause there€tx rotated art l.etxtrr s
<br />xaitprtrpt in -tree PtwRtKts.
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