Laserfiche WebLink
8I_.0~33'7fl ` <br />~, Ur+tFtrMrf Covt:rtatvra, dWrraawer uetd t-rarah:r covcnrut andrgrev: ra lulluwa: <br />1. Payaew of Principal acrd lalerawt. Burrower ahaN promptly pay when due the prutcyYSl of and_ininreat un the <br />arukbteJnoss evtdcnce6 by the NwC, prepaynant anJ Tate ehsrgex ua prunJeJ w the Nak, and the prituipal of and imtresl <br />ua wty Futxrc AJvsncea x.yreJ by thra tTtrJ of 'font. <br />Z Ftrds fm Taus toad ha,warre. Subject to sppli,able taw or w a written wmvcr by 1_entkr, Borrower itbdl Y <br />w LcnJa:r on the awy monthly irwsl6rams of pnrtcgrJl mvJ iv most ure pryrhle under the Nn1a:,-until the Note is paid in ull, <br />r sum thercm "Fundx"i cyusl to om:-twef(th of the yearh laars rrtal asxaan}a;rus which may attain priority ovrcr thix <br />flied of Trust, and gtouml «ntx on the Property. d any. pluv: tae-twolfth of ycnrly promiun} inslallrttems for hazard mxuraace, <br />plus oat-twetith of gently premium installtrx:ms for nwrtgngt: irtauratrcc, if any, rll as reasonably estimated initially and (tdn <br />tome to state by Lender un the basis rs( asaessmentsrnd brU+ and «aauttablc cattmatcs thereof. - <br />T~ Futads shall tae held rn sn Inuitutiwt the dcpuatla ur aCetxmts of which r[c irtsurcJ of gu;uatueed by a Federal. air <br />stale agency (including 1_cnJer if larder is wch an irotuutra;n). Lenakr ahatl apply-the Ftutds to ppaayy said lanes, assc3smeats. <br />rttsurartCe ptranitaax roil grwun) rcnu. Lender may Cwt charge for w huldntg and applying thr Fnttra, analyzing said as:tount <br />m verifying asd compding sarJ aascssmcatx atrJ bibs, unka> Lender pays l/ornrwcr mtcrcu on the Funds-and appltcabk law <br />resets I.ertdor to make sw:h r charge. tlprtoYV4r ;ttNl l.crtNltee,tray agree rU Writing at.Ifte tittle o(;tnccuttrra tsf-i~is- <br />qf Traru•)fMt ~}pcreµ.up.lits~.Prv_Jy.>+ddt bF.Wx+d ~ Bgrrgwrr,,;att~,.yl~,lr++ ~t~Y;h.itgirctpwal,i-,+)t.-=e;pltt:lt4k.lww. <br />t~gmres~urch ttuerest to be paid. LcnJer shrll nut fk rcyuaed m pay brrrowcr my uuerc+t or ernrm}ls nn the olds. Letrdcr <br />shah girt to bwrower, wuhuW charge, an amrual xcaxmurrg an rho Furril> ,how mg credsta atxl atodxts to the Funds and tIN: <br />pttfypsc fur which ooh dealt to rite Fwtd- wit; ttta$c, The Ftttttlt are pkdgut as aJJiuunad sp'utity tot the sums secured <br />by [dull f)rcJ of Trttu. , . t,.. ~.,..: ,', .. :.:a <br />If the srraount arf thR Fu±rda held-by Ll;a4er. Iogctfrgr wllh.Ihe fWUrgipunlhly ittstrilaunts µ( FKgytlY,pay;ibk. PrtgG,fH <br />tha derv [fates of tatytn. aaM'sMttctuT. }+?+wtnru:p PN;gHernp,;}!t+j gt}}yrtJ rcgea, shall caKaxtf.Ihq.;tPt¢ytiLti4w.4rd Wpity syalal{gy. <br />aaaeasmetttt. itwsraraec prmtwna snit grax:trd rents as tla:a Irl1 Jarc, aarah `caress shall he, 'at 8orrrrwt:r's opttraa, either <br />pr fy reparJ w Boreuaaer ut credued to burrower am . monthly m>trllarenta of Funds. tf the artrattRl of the Funds <br />he{tp by Lcndtr shalt oast ba: aufhCrerst to pay lanes. ra>a:+++.v nu. ,naurrn+:. prcmium> sod ground roots as they fall dttc. <br />Bmruwcr sluff! pay to Lerta:cr ruy amount rx:ccdarry ha nwle ap the Jrfican y wahm 30 Jrys from da date notico is maaleJ <br />by Leader to Borrower rcqueatrng payment thereof. <br />_ ....t h~ ah.a Uecd ut 1 roar, 1 ervJcr slmll pr.:atpdy~rcluatJ m borrower any FunJa <br />held by Lerxter #! uaxlcr prt agrrl>h Itl he reol its Pru}w:ri Y' e, >uW ur ttrc I'+o}acny n urrx:r w.ac r. <br />shall apptY. rw Istrr than unuxJamely poor to ehr >rie ut the 1'npn:ny ur na .+.yunnwn by Lcnakr, •any +Funds heal by <br />Leader at the }late of applta.atiaan » s Credit againri the uvm> aa:aurcd fiy thn tkeJ ut Trnat. <br />3. A/glicatba of PayererNS. Unless r}aplaarbk irw pauv,Jca ulhe:w~uc. ril prynrcut, rceetved by Lender under the <br />Nacre anJ paragraphs 1 anJ 2 hermf shall [se apppluJ by i enshr lint au prynrcm nl atnuuota payable w LcnJct by Borrower <br />under paragraph 2 heretat, ttreu to mtercat prysbie ure sloe Nwc, v9ew w Ure pr ana+prl ut the Nute. rod then to interest and <br />priMrpal on any Future Advan:es <br />1. Cllargn; L/rrs. Burrower >hall pry rtl iraca, a,aevnrcnta .,rid ,who afirrgca. lirrca rraJ mapuations attributabtc w <br />the Property which may attan a prraMity over ihn lh:rd of Trwi, mJ leracitutd payments or ground rtnti, if any in the <br />rnaooet pru.tdad under paragraph 2 hereof ur, rf rim psr.l via aarafi narurar, try burrower nsak,ng pryment, whcn dtx, dir~tly <br />to the payee thereof. borruwu abaft promptly furraiah lu f cuilcr rtl a+an+a:ca ut row,rnu Jv,e under this paragraph. and in the <br />colas Borrower shat) make prymcat Juu.~tly, bur tower ahrll promptly turnnh tan LcnJer rccetpts eviakneetrg such payttrents. <br />Borrower shill promptly daxbugc any tan whrah bra priority oaer Chu Lkcil u1 7 nut; pruvrde.l, Ihst borrtawer shall not 6a: <br />raluucd to dracharge any sw h tan uv tang as baYrrowcr ahrli Jgree .r, »rrt,raK uv sloe pryas+:n} of the obhganon scored by <br />xatch Ixa rn a rturrrrer aa:uptatrtc io Leradcr, or ahsl! w gawJ frith cantesv avian hen hy. ur dcfcnJ enturccmeM of saach lien rn. <br />kgal pprpceedta a wheeh operate w preterit the entma:emuu u+ its hen ar lurtenurc ui the Property ur any part thereof. <br />S. ~lturraace. BOrfowCr shall keep iht amprovcnxnta uuw caur.+ag ur hcrcriter erected ure the Property inattred <br />rgautst foss by Nre, haaatvh imtardcJ wnhm the term `eateeaJcJ a~vcrrgc". rn.! wuh uihet hrzarJs a Lender mxy reyutre <br />and to such amounts aid for aatch peraods sa Lenalcr may rcyu+rc. pruv,JaJ, fhrt Lcn+kr ahrll oat rcywrc Ihit the amount u( <br />such coverage carted r`_. a+rtount of coverage rcyurrcil ro pry the aum> xaurcd by [has t3ced of Trent. <br />The inswaace carrar proveelitsg the msursnre shalt sac chuacn by burruwcr sub}ect to approvrl by Lender: provrdeJ. <br />t6Y loth apprttraf t,ltaif nw he atnresannsbfy wrihhetal All premiutns ure rn>utrncc poltnes shall be paid in the ntanrttt <br />provided udder puagrapb 2 tareol au, d not part rn aarih m.ruar, by Burrower nvakmg payment, when due, dirtctly !o the <br />IMIfanCe ClrtKt. <br />All rnxauatrce pohcas trail rcrtcwds the«au shall tvc rn funm a:ccp/sbtc to I_cnJcr rod ahrll rncludc a ttattdard mongage <br />clatut in favor at ufd in form acccptahk to Lcrvilcr. LcnJcr ahrli hrvc tna: r,gM w 1wW the puttcies and «newals thereoL <br />std Borrow-er ahatf pruxnptty turnaah to Leualer all rc+awrt +wvxea trial rlI r.:ac.pta of prat premwms. to tht event of foss. <br />8€irtoaver xhafl grre prompt ewtate to tta usaurara:e arrr+er rnJ Lcr,J+:r. Le,vJer uvay male proof of loss aC nut nYatle promptly <br />by Bmtower, <br />Uokss Leodet and borrower utlverwese agree ,n »ru,ns +nsur+na.e pruaeeJa >hrli be rpplad to reaturatwn or reparr o <br />the Pr~erty damaged, prazveJsJ aasah re>turstwu ur repro .~ eaurwxua.Jtly ter>vhle .+nJ the aeeurtly of ifira Dccil of Trust u <br />not thereby tmpatred. It ankh rcatora+aM or rcpavr a nuv e.u +aan+rcatty Icavbk u..f star ac.urny ul Chu LkcJ of Trust would <br />beunpauul, tfx aasurarxc prasatxds sha#1 be spp#red to ttu. awm, acaureil by vhn lh.d of ~f:~at. wash tha: excess. i( any. Paid <br />to barrrswer. tf the Pnapctty es sbaradurreJ by burruwcr. aw r! b,an u»c: tr,i, ,v reaputvJ w Lender wuhrn 38 days from the <br />dare nottcx n maikJ by Lenrkr tnt~ msuraracst raccJar.a+ LcnJcr~aruprrwr c thertlwrrcawnt'on rorareparr of~ihetsPtppcrty <br />as ttrtihoTr7ttf to cotlut and apply P <br />or ter the toms srcured by thus tkanl of Trust. <br />Uttkss LetWU anJ Bau ravwu wherwase rgrce an wrar+ng. r+ay awl, rpphu, w„ ut praaceeah to pr /trs=ipal sha{i not catered <br />or postppat the Joe date ut the rtwnthly ruatsttmema retueaJ w ,n prrrgrrlah+ 1 rnJ 2 hereu! ur change the araount of <br />auClt iatuaNtrsears. !t urtdtr pangraph ! a hercaal the Property r> acywrnt by t eeaJce, rll right, sttk rnJ rnterest of Borrowtr <br />is std to any taawsnce putntcs uaJ an Jtxf w the ptaa:eeJ> lhereut reauhang lruru Jrn,ige w the Property prwr to the sale <br />os tecywation shall pass to -snafer to the ratcrn ut the wars aa:+:ureJ by Ihv> [heJ ut Trust ,nrmedfately error to such sak or <br />ttcquxietion. <br />6. Preasrvtulas atA Atadatiaaacc of ProPrn7; LraacAuWs: t'ntadnns#aexna; Plax.wed Unit 1?evrlupmetals. burruwcr <br />atraN kcep tlx: Parpcetp m gaxw! repro rrq! ahail raw awuuut » ale or pinu., uuprnrueat au Ietcnarruon ul the Property <br />tad sluttl comply with the provraraws u( any kax tf thrs I>cn' of -Rust n on r }uschoW If thra DeeJ of Trust a on a Dour rn s <br />cprrlotailrittm or a planoal unit rlcrektpttsau, B€xraawtr at„ t pcdorm alt ut butrowcr'> ohhgrnwss u+taleT the dcclarahun <br />or eavsftaetts ereatrrtg or Vrverrurag the sauxipcnamuna ax L suaeat unu ila:vsWptatcut, the by-taws anJ regulanons a! the <br />Caedpatapurna ur plaoatd uaal Jevctuprtaent, scud aunaurara:n dava:unx-nts 11 s '+»vJarninrum or platuac6 unit deretupnrcm <br />rider is eauuted by Norrower and recutdcsl together wuh tan OccJ ut ~t runt, i#rc :urerrama rod agrcenant> of sua:h ndtr <br />sdsaA dre raceyrpwated rnto sex( shalt amend arut supyda:nacut stw: cuvansrus rerJ Jgrecrxenis rt! ihas d3a:eJ of Trust rs +f the aster <br />wets a pall dttrepf. <br />?, Pratietlaa d t.eader'ti Secrtuy. if Wsrrawcr Trua to pa:rturrn doe :uvcnrnts r+rJ agrcentcros contarraJ in tMs <br />UaNI sit Trent, or rt nay aalWa or ¢rntceJtng a aun:aarsacJ which n,,ucrart{y rtTttta Lendcr'a tntcrcat m she Property, <br />irtdnditt;. bW apt benaad ta, emrrreat datnsato, erasolvasruy. a:aaafc cMurccrrant, ur arrrngeaxms ax pruceeJtaga anvolvmg a <br />ban#ttu{rt Yt diteedeea,-thea Landat al L.attderi atpaxw, upuaa raanw:r to botrstwcr,~naay tnakn such up¢curruea. Jutwru aara:h <br />atMaf arsd take such xtrasa as a ,aee,>.ry ray ppvraxcct LerrJets urtcrcat. ,vvalsvJing- txt! nut Imrued to, Jishuraenant ul <br />ta}taooabte ittpratY+f lets artJ taste upwt ttrr Propcaty ,aa nor-e rcprara !r L.eruler tcyuucJ uwrtgrgc uaaurrrue :n a <br />cns,f3dspp of tttakmg tdre Wan secured byr thss l)ceal of Trust. bWWwcr ahril pay the preta,uuta rcyuucil to ma,ntain ua.h <br />nssstratteg w ellaGi itntrf aaeh Batt sa the reyotremcnt foe -ssnM ,nawrracc to++unrtta rn rcc.:rditrrc wMh &xrowcr's anJ <br />d.sadari wrisiea tsgraeaaeat m appitcabls Saw. batruwer shsrtk pay shay rnwuw u! all nwngage vnwram:e premrum> an thr <br />ewer Orsrstthdar gra;rttph~2 stereo[, + - ~ ' , <br />Any itttrwttars Oitt4atwd by i.esdcr prmtwat ua thn patrgrspJt T, wuh uuayrat ttser~wn. ahab tacume aJdt[iaarrl <br />i.s~ws.~.>:, of gyptr+swar sscsysd py ihrs f.)stx.! ud Trr.st. dt. ^:s Burtpwct arwf I.cscJcr .sgrae to oifa.r serous of prymrne, wch <br />atAOaart~ shah be payable upon aotrs6 fraxn Linder w baxras= cr rcyw:armg payntoxt tirercasf. ,arrd shrN wear rnteress trranr ehr <br />data ~ ~brtrsenvrrat st ilK riff p.agab~r (fam titer tar a}rnC nw .,3auarrraJxvg }w H+>rpal nixt!'r ah¢ NWe fwJaaf payment Uf intefeat <br />' M titcda taM +aaatalaf lsi suatraty W app#r'atrk taw. ,n who a rvcrn >aa+;ta suaanuxa >hrl#. tvcrr aura:«>} at the hrghcal rxlc <br />~, tmler spplt[tablt law. Nolheag ramtaincd ae tha paragraph ? sfarlT rsz}uare LcnJtt to im:ur any enpente ur takt <br />arty aiew0a dsetawrakr. <br />B. lrtagua'riiss Latadcr-taaay midst pr casap w bt nsada te.aun+bla: cs>lrura u}xus crud taapeitwns asf star Prp¢ctty, pruvratcJ <br />tltal.latmfal.tataab give Yayrrsyivn aptrCii prtaf W any sw:,h etulxstusit spates}yuxg rcrsuriJish; [awe thatectaN rciateai to Lender"a <br />aattrs~tt ut tdtt !'vrriartr- <br />