|
-.�. }.fi�'�+�u;,�s"''�'���-t"°-� �''.; -., � '^---r-`���1�_�'i�.�..'—_:� - - .. ���� ti.qr;�°...x� `.'���;`:`e.._'�-'�.+..'P'Fa'' __ �
<br /> -'��� f.�h:�e��''��4�;'�:•7�E�. . `` t c_ .r`�l» . . ' ' � _'_t, ' . �;Z� '� �y,�C
<br /> �����~S t_ �. _' "_ __ ". '_ __ _ '_' '_ _ ' ._`_ .� "' '. "'_' "'_"""'___'"4_'_' ' <. ' '_ '_ _ __' '_'__ '... .-_" '_' .^- .�—
<br /> -� . °f= . , ` -- . . � - • : ' . --- l _ _. -
<br /> r�
<br /> � :.
<br /> i�- - �`,' _.i , • - - _ - � .. -
<br /> . .
<br /> :,. . r..
<br /> -� - , -. . , ,.„.... - ..�_��. - - - -
<br /> - - —i�_ .._..-- _•._. ___�.._._,.���.. . �.�--.��,.-. . "`'�� �°'
<br /> .�' : ' - -. , _ ._.. . . .. . _ `;` tf`
<br /> . . _ .. , ._ . . _ _.. _ ._ . . . _ , ` ` ` '£ _ __
<br /> � .. . � . � .. . . . `, ` ' ' tq' .' �<'_ ..a
<br /> . .a ^. c � . . . ' .. . . ' - " F' . .. , � ��.
<br /> • f
<br /> . � ' i Q� ' ,' : . . '
<br /> . c-
<br /> _ � � ,. , , UwFQRM�COYF„{�lA[�►T5�8orrower aad Lende�cavanant and agree as toftows: �,�/�•�'° ;<r� � , .-_
<br /> � 1 QU98�
<br /> _ . : �.px��p�tpat aed�L gprrovrer shail promptty Da�r when due tbe principat ot and inter on the _ . , . ,s
<br /> , .,� : , " '- , inde61e4nOSSevidencedbYlheNole. tandlateehargesesprawdedintn�Note.aa0q�e�rtcipalotandinteraston �
<br /> . i any.Futute(ldvancass securad by thn ot Trust ' -
<br /> .:� . } Z Fi�dStorTa�a�ndM�ranq.Su ' toapplicabFe[awortoa�vrittenwaiver0ylender.Boaawershallpaytolender '.�
<br /> -T �- .=--------� - - - -unfieQaymotqhtYlnsWlme��sofP�i�eip�sn�intsrasta�epayadl.�-undutheNnte.un6{theNoteispaiAintutl.asum(herer�e j.--------___=_
<br /> * � Wrids")aqual b one-iwNM ot the yNrty tsxes and as�ts vut�ith may attain prioriry over Uirs Eieeffof Trust-and - ..
<br /> r Itmenlsturhazardlnsarance.ptusone-tweltthot
<br /> �$ { g�oM�KltetlfsOiitbePi'opetly,ifany.{1luson�tweftlhOtyQ+1�F�tp er�u4�tif)sm •
<br /> - i y��y�p�iq�n in.t�llments for insarance.d eny.ail as�so�abty estimatea init�aily artA trom time to time'by
<br /> fo ��
<br /> � L8f1�d�'�OA�b�l1S qf�Q33�!(�n�d?10 aUS 811d fEaSQRa��.e9�rtl3tE�tl70fBOf.
<br /> , . f �AOFundsslwt�pet�etdinan' ortMedepo�ifso►aCCOUntsotwp�chareinswredaf9uarantesd.byaFede�alorstate
<br /> agency[nc(wdirq Lel�i��a��s�ch aa insEfi�tian).t er�de�shatF appiy the funds to pay said taxes.asseisments.
<br /> . . .���p�r���rpu���Lendermaynotcharge(ars+oho(dio�pa�dapp(yingtheFunda,anaiyzingeaidaceount .
<br /> . ��in��nd�ginQs�dassessmentsanQdilt�,urtte�ske�dfs�P�YSffO�owe�iRterasEOnt�eFuAdsandappticabtelaw . ; , . .
<br /> ' per�itsLendertQ�ehacharge�.8oitowerandLendermaKegie�►nwripngat�etimeafeaecutiqnoltAisDeedotTrust
<br /> _ �._`,;r 4; • ihat ir�nrest on tAe�unds shalt Qs paid to 8orrower.and un(�s aucf�agceement is made nr appticaft�e law�equires such .
<br /> :�`:� ' .. .�:'t:.;;%�: in6ereettoheoaid.LenQecsbat{�otEerequiredtoDay�°RO�eranYsnteresto►eamiag$antheEunds_tendershaltgiveto --
<br /> � =�;��:�;::,>.;: ,Boav�,rrer.vrithout char e.an ann�ai accountinp of ihe Fun�showingccedits and de�ita to tt�e Funds and the Rurpose tor
<br /> .- �.,.... :
<br /> �-.,�-t�� :
<br /> _ � .. . =<��v; ` , whicheach�ebittothe�unQswasmade'fheFundsargFtedge�asaddibonalsecurityCorthe�umgseCUredbythis.Qeedot ;-
<br /> ..- T(u:�t. - .
<br /> !�� ?:�-- -<�`" (#Steamau(1to�thefnrtdsfiet4byLender.tugetl�erwitRthetuture�nonthlyinstaffinentsolFundspayablepriovtothedue �
<br /> ;�l ' ���f#axas.assessnents,iasurance premiu�s and ground rents,sha41 exceed the amaunt�equired to pay SaiQ taxes.
<br /> ;.,:,4�t,. � assessme�ts,tnaurance promwms and graut:d,,c+eMS as they�atf due.such excess shaR de,at Borrower's optian..either
<br /> ,;;. , ��ny���m gp�or�rsr a�rediled�o.6c�i�er on mor�thiy instattments of Funds tf ihe antaur�i af the Funds t►etd by � -
<br /> • , ��'G���� � ndetsha� natbesu�cienttopaytaxes.ess�s.'net�ts.��su�ancepremwmsand graundrentsastheyfa:EOus.Borrowershatl
<br /> �f; ...,. `.' . , t payto Lender any amount n�ryfto maks�P�e defi�xertcy v►ithin 30 days from the data�ahc�is maited by tender to • . ,
<br /> .�•;. <<_',;,:,:� • ; _ . Barowerrequesorp���ymenumssecuredbytt�IIeedefTrusLLendsl.sh EprqmptlyrefundtoBorrowelanyFundshetdby <:.� `
<br /> ;;, ,�• � V��� " bt8hereattqep� satdorthePro �sQ�eiwiseacquiredbyLen�er.L'sndershallappiy. ' � " . ,
<br /> �..� . ldnd�Ifufldlsrp�rag�aD R�Y
<br /> ,; } '-� notatprtAan�fi�e���YPhartothessleofffe��rcp�RYcritsacqurs��anbyE�rtder.andFundsreldbyF.Pnderatthetimeot
<br /> �. r` �' . . ' appliCdtiap a��e�e�+�a9�insE the sums aecure��"�Y-�tis Oee�,ot Trust .
<br /> y �' . ;� � g,_ o!Parnwnb.Unt�ss appliCa�t�law :des otherwise.aq paymeclts�ce`�ed by r�nde►under ttse NotB ,
<br /> :,>. � •�.. - , �� �Rpayrtwntotamounts�alc�etnlenQefb�Borrower[u;der : •
<br /> ;�'.�.�,,.., , an�pafa raPhsland2�haf�otSha�lll88DPhad�7t� . .. , .._ .
<br /> ;:;,�.::::i;,.,: :
<br /> `:;,,:.,�-...•.;.,,�. .,: � p��yrap�i2hereof.thentvinterestPaY�Qfqars�e�NO�thentotheprinapalottheNote:2.^.��tentointe�estan�Rcirr��?*in , �
<br /> .:�;::;...,..; , h y�
<br /> ;f' ":.� :..._.�:::..• any Futu�e Adva�� • . .; . . , ..
<br /> � �i- ::�'i.ti;`,f��`;=:y:,� � 4. LNn�.Borra+s[ersshallp2�y�atilai�e.s,assessmentsanaother,Gharg�.�inesaridimpasitiansatY� *'"- " . . ,
<br /> y[�-��'-�1:..�J.41A
<br /> +:�, . :�<,,.: p�perty w ich may atlaio a priority over t�i�Oeed of Trust and leasehotd payments or ground�eMS.+�any:in#::e T�:,ner ;. .
<br /> �• • � er b Borrower makin menL whers.due.0�re�:'��'rs the
<br /> � • �- ��� . prav:dad unde�paragraAf�2 hete�l or.if not pald in such rt��r►_ . Y 9 P$Y' . ,
<br /> ` ����•`::'� p�F eetheteot 8onower sha�{V,romDtl iumish to Lender aiL,�atrces of amourrts due un�er4fns paragraph,an0 iathe�r2nt ,
<br /> �, . H6rrr�rer ahall makepa t Qir�.Bortower sha�l�r . .qtty tumish ta LenQer recraipts evideneing such par�"'°��• .
<br /> :`..� _ &xa�we�shsil promptly d��any lien which has pn�r,�;Over this Deed oi Trusx Drovided,that Borrower stt�:�e'be
<br /> req�jredtOdiact�af�e8�4uch1iensolongasBorrowe�shat+,a,r�reeinwritingtothepaymentoitheobligatio�securedlsysuch
<br />_, : `�;� .' lie[t�n a manneT�8ecep�s6�et0 t,ender,or shail in good 1a�th eontest such�;en,by.or detend enfa��Cement af such tien in,legati .
<br /> proceefiinps whi��i apetetetA pte�er�t the entorcement at the lien or fode;^,sE�ot the.Property or aay.G�R�ereat.
<br /> ,;�� �.;., . 3.Nuab IMUrane�.�c?Mr,�8haii keep the improvements now existt'►g p�hereafte�erected an�e?roperty insured
<br /> a��;n��a�s py firs hazard�its:f��ed wiihin the term'extended caverage",and such,vt�e�hazards as Leade�may requice
<br /> ,, - , arttf,�n such amounb and tor 8uC61 pehods as Lender rray require;provided,that Lender.shall not rec�ug`thai the amount ot
<br /> sucb coverage exceed.that amqurtt ot coverage�equired to pay the sums secured by ihis Qeed ot T
<br /> � 7hisinsurancecamerprovidingtheinsurapceshailbechosenbyBorrowersubjecttoa�provalbyLender,provid�_�:�at � .•;
<br /> ' ' under para raph 2 he eof oi if ot pald rt�E��m;ortei by Borrower making paymonf.when duei d,iectiy a t e��:rance �
<br /> . ; , - .. cenier.P a .
<br /> 91Sf insurance pollciesand renewaisthereo{S:�dll t�e-in t�rrs�acceptabieto Lender and shall irtclude a standard moRgage
<br /> � � ciauSpiniavorofandintormacceptabtetoLenQet.ts�3�E•5'�althavetherighttohoidthqpoliciesand�enewalsthereai,and � .
<br /> �? �' Bo�rpwersfialtprompUytumishtoLenderailrenewafa�ti;esandailreceiptsofpaidprem�ums.lntheeventoftoss.8orrower • .
<br /> ;� � , shailglveprompinoticetotheinsurBnCecerriefandf�ttdA���,enOermaymakepraofoflossifnotmadeprompttyby8orrower.
<br /> � - UniNS9l8pd1� nd�Rawerotherwiaeagree+nwriting,insuranCSProceedsshatlbeappliedtorestorationorrepai►otthe .
<br /> '' 1 � Property damag�p�ovided suCh reatoration 4�repair is economicalty t�,:,�bte and the security ot this�eed ot T(ust is not
<br /> �y ,� � thereby impaireq. �sueh�estoration or repair is not ecanamica�ty teas�b�g�r it the security of fhis�ee�of Tn�st would be .
<br /> , impaired,the insurance proceeds shatl be appiied to the ssrnasecurec!fl�'h�s DeeG a�Y�ust,with�a oxcess,it any,paid to . . . .
<br /> �_ � 8ptrqwer.lf the Pr a p erN is abandoned by Horrower.Or if��rrower tait,��respond trs�c��Qer w�1���*•3J days from the dato
<br /> i � c��s t C e i s m a i l e d b y L ender to Borrowe�lhat the msurance carrier otters t�serile a a:a:-�.(sr insus��c�benatits,Lender is
<br /> � } aut�lorized to coilBCt and appiy�the insusance AfQ�eedsat Lender's opti048�*.her to res:��al i o n o r r ep a i r o t t h e P r opeRy o r t o
<br /> tt►a sums secured by this Deed ot Trust� .
<br /> ;+ � Unies�Lender anO Borrowerothervvise�r�+in writing,any such app:�catian of proceeds to princ�wa�shail notextend or �
<br /> �y ��gtpone the due date ot me monthly insta�.�T°�ts referred to m paragraphs 1 and 2 hereof vr chz���"�e amount of such
<br /> t�limenb.lf under paragraph 18 hereof the VropeRy is acquired by Lender.ali nght,t!+P ana inte►��z�".�a'rower in and to �
<br /> ; '�,' , ,;a7yinsurancepoliciesandinandtothep►aceedslhereofresultingfromdamagetotheFrcr�ertypr�or:o!:-esalAOraCquisition .
<br /> , - � . • s:tait pass to lender to the extent ot the suma secured by U`::s Oeed of Trust�mm�dia'ca,'�'ior to suce�sate or acqu,�:hon.
<br /> , , ' ' d.Pr�rvallonsndM�Inhnanc�otP�apMy;I.�saho6c�:Condominlums:P�mne�fL�ilO�wlopmt�tt.8arrc��r°rshatl �
<br /> ';;.`= ' keep the Property in good repair and shall rtot commit w2Yc�or permit im airment of de',��r�ratron G`•=°9 Property and shall
<br /> , �, ' comply withtheprov(s3on�otanyteaseilthisDeedofTr�tPSOnateaseho�.IfthisOeedotTr,;�:iscna�:-�'inacondom:nwm � ,.
<br /> ���f;,: or a pianned unit devebpmenL Borrower shall perfom a:►ot Borrower's obligat�ons ur.Car the Cet�uc'ation or Cov�^ants
<br /> �,y, creating ot governing the Condominium or planned ur.d Cevelopment,the by-lawg and rec:,tat►ons cf{ho condor..:r..u:n or
<br /> �: � ' �!a,nned u�1t devetopment,end constituent dacuments.:f a_.:ondaminium or pianned ur.:t•�pvelopment rider ia excut�Q by
<br /> •:.i. � � ' Eorrower and reCOrded together with this Oeed ot Trust,t;�P:ovonants and a teeme�tS r,t s�ch nder sf�all be inccrpct'ated
<br /> • .�r,xa artd shatl amend and suppiement the covenants anci2�}�aoments o1 th�s�eed uf Trust as�t tha rider were a Gan heroof.
<br /> ' ' � � ' ' f,prpt�ction ot LMd�r's S�eurifr It Borrcwer taiis to pertarm the cr�ve�anic and agreements cartatr,ed in tn�s Oeed ot
<br /> � �� � �.!`rust or if any actlon or pwceeding ia co�:r..a.n�ed with mateNauy AHeCts I.ender'�interest�n tha Propert�t,lncludmg but not
<br /> Jin)tedto,emineMdomaln,insolvency.coCe ar�3rcemenLnr a�rangementsor proceedings�nvolving a b�nkrupf or decedeM,
<br /> •�� � � Ihen Lender at Lender's oDUon,upon notis�ni Borrower,ms�y make such appearances.disburse such sumsand take such
<br /> ,;i i a,c�nnasisneces�arytop�otectLender'smierestincluding.butnotlimdedto.disburaementolreasonab�eattorneysteesand
<br /> s�1: ect upontheProperrytomakecepairs.IflenderrequirBdmoRgageinsuranceasacanddionaimakingthetoansecuredby
<br /> �r,� the�eed of TrusL Borrower shaU pay the prem�ums required to mainta�n Suci►insuranCe�n eNect untii such t�me ag!he
<br /> �: � tEqulrementtorsuchinsurBnCetermitlate9�ineCCOrdancew�th8orrower'sandlandergwrittenagreementorappIicatbe►aw
<br /> 8ortowet shall pay the amount oi all moKgage insutance pe�miums iR the manner pravided under pa�agr�pn 2 hereot.
<br /> { Any amaunta Ais6ursed by l.ender puraua�t to ihis arpgraph 7, w�th �nterest fhereon, shai! become add�t�onal
<br /> � irtdebiednessof 8orrowersecured by tftis08ed otTrust UnPess 9o►rawer andlender agreetoother terms af payment,such .
<br /> r amauntsehallbe payaDteuFnn notic9 frOm,tender to 8orrow�r requoslmg payment hereof.and sha�i h�et+►mterest tram the
<br /> dateolalsbursementattherat�payfabtefromemetotimeonoufstandingpnnc�patundetth�N6teuntE�ssRaymentatinterest
<br /> � et Such►ete w0utd he ContrAry t0 appIrCabi� faw. in which event suCb amounts shal!bear mterest at!n� highest rate
<br /> v 1 pe►misstbtAUnderapplicablelaw.NotfiingcontainedinfhlSparagraph75nat�rEqunelanderto+ncar�nyexpensrottakeany
<br /> •� ! action hereurtder.
<br /> - � A, Inip�cttan.lendermaymatceo►causetvben!adereasohab�eentnesuponand�nspect�ans�ftheF'roperty.�rov�ded
<br /> thatLender Sha11 give Borrower nottceprto�toanysuchinspACt�on sp¢e�ty�ng re�sonabte causefhe►etore re�atetlto�endgr.
<br /> : i inte[est m the Property ,
<br /> . .
<br /> .. .
<br /> ..�----...._ - -- . � . .. - - . . _
<br /> .i i .
<br /> .� ` . � . � . _ ` � _ . / , . .
<br /> --- — a — -- - - - - _ -_ _ -_ - -.-_ - -— _-- -- -
<br /> _ . +
<br /> 't- ' � , �
<br /> ;1�. . ..
<br />
|