|
r---
<br />Udtas Ca:rusfsksers. Borrower atsd Ltndez covenant and agree as followx;
<br />Y. ~ PrintipsY atsd Ytsxeresl. Borrower shall promptly pay when dot tht principal of and ir•,tertsi an the
<br />ftide~.ltEdrttti eYrrferGCed by the Y3afe, prepaymsmt and lata r:hargts as pravi~d in the Note, and the principal of and inureu
<br />ore any Future Advances secured by this Dttd of Truat.
<br />~. Feria far Tsasr rwd Ystassrsntz. Sub;cet to app€icatrie taw ar za a written waiver by L seder, Barrowtr sha€: pay
<br />io Y.ender an ttu day mamfi'sy installments of principal and in€trezt arc payable .order the Note, until the hots is paid in full.
<br />a sutra (herein "Ftsnds"t equal to ant-tvre!ftts of the year€y taxes and assessments whrch may attain prrority over this
<br />Decd of Trust, and ground rents on the Property, if any, plus one-twetftis of yearly premium installments for hazard tnsurantt.
<br />pies Disc-twelfth of yearly premtium instaifmtnts for mortgage inwnnce, it any, ail as reasonably estima[ed initially and from
<br />tirrtt to €itru lsy Lender nn tine buffs of autssments and bills and rtaxonabtt csiimates shercaf.
<br />The Funds shalt be ltrld in an insti[utiar. the deposris ur accounts of which ace insured or guarantttd by a Federal or
<br />staff agency {iriettsding Ltnder if L.endtr is such an :nstttutionS_ Lender shall apply the Funds to asy said !axes, asussmsn€s.
<br />irtutrarrce premiums and ground mss. Lender may not charge for :o holding and applying the Ftrnds, analyzing sa:J account
<br />ar vuifyin; and compiling said aasessmtnts and !;ills, unless Lender pays Borrowtr rntertst an the Funds and apphcabie law
<br />permits Ltnder to make xuc€t a charge. Borrower and Lender may agree .n wrstmg at the time of ezecut:or, of this
<br />DGd of Trust that irtercst tin the Funds shat( be paid to Barrawar. and unless such agreement is made ar apphcabie law
<br />rtquirts such intertst to be paid, Lrnder shalt eat be rcquned to pay Borrower any mttrest or earnings on the Funds. tender
<br />snail give to Barrowtr, withaui charge, an annual accounting of !ht Funds shawrng credits and debits to the Funds and the
<br />purpfass for which each debit to the Funds was made, The Funds art ;.!edged as add~ticnai scenery for the sums secured
<br />by tfiis Dead aE Trust.
<br />If the atrsaunt of the Funds held by Lcr•.der, together with the !uturt monthly :ns:aiimrnts of Fur:ds payable peer to
<br />i€`q due Batt! of tailY, Ixxtxsttirn[x, ,nsunnct premiums and ground tints, snarl exceed the amount required to pay Bald taxes.
<br />assessments, insurance prtrnrumz and ground rents xx' they tall Sur, such esters ,hail x, at Borrowers option, either
<br />promptly repaid to Borrower or credtttd to Harrower on momhfy :nstalimtnts of Funds. if the amount of the Funds
<br />httd by Ltnder steal, not ?YC xtrt'f€Eient ra pay ;axis, assessmrnts. :rsuranct prcmurms and ground rents as they fail dui.
<br />Borrower shag pay :o Ltnder any amount nectxsarr ro make up the defiatncy w:th~r. 30 days from the date nonce is marled
<br />by Y.end¢r to Borrower requesting payment therca!.
<br />Upon psymrnt rn futi of ail sums secure:! by rhos Deed of Trust. Lcndcr steal! prampt:y refund to Borrowtr any Funds
<br />held by Isnder. l€ rsndtx paragraph g ':eteot the iroperty :s sold .,r ^hc Property .s utherwsse acquired by lender, i_ender
<br />xltal€ apply, no later than ,mmedisuEy great :o :ht sate of the `.'ro petty ur its .:.y::rsnson by Lender, any Funds ltc!d by
<br />Lender at the time of appLcaaon as a credr against the wms secured by ores Decd of "trust.
<br />.~. AppYiudrus of Payments. Ur.!css app!:cab!< taw provides :,r hcrw ne, all payments receoved by Lender under the
<br />hots and paragraphs i anti Z htreaf shall he app.:cd !ry Lender 'use :n paymcru tit amounts payabit to Lender by Horrowu
<br />under paragraph 2 hereof, thin ±u inttsest ;raga=~!e on the Nott. •';en to :hc rsr:ru:p~; ul she Note, a:td .hen to trait: est and
<br />prtssetpal an any Fututt :~dvanets.
<br />a r-ke~~. r:~...,. f:a":cn.. .w. ;! .... _ rte.. :ham __, f;n__ _n.t ;iant attrrbut:?htt ru
<br />the Ptoptrry wisicn~may attain aypriorty over sh~ss T}etd af~Trusi~ and :tasehod ~aymtnts or ground 'rents, +f any, in the
<br />msnntr provided undo paragraph 2 turtat ur, ii ,set patJ ::, s;r.h manner, by Burrower making payment. whrn due, d:reuty
<br />to €fie payee :hereof. Borrz~wet shad promptly :rrrn:s€+ su Lenu`er a:::,o;,ces al antarsnts dare under rhss paragraph, and in the
<br />evtat Borrower shall make payment t4,recti?, Herrosser s€ta7i promptly !:nn+sh +. l-ender recespts cvt:cnr.n srr_h tsavments.
<br />6arrawer steal! prampny discharge any ':en which eras pr:arriy t,ver rt;:s Dced tit ~!-r:rst; pruy+deu, :hat tiarruwer steal! nor h,.
<br />regwred to dsscharge any such t.en su lung as Haeruwtr xhai; agree ~.n ~»ri;mg :u the }layment of +he ub!sgatron secured by
<br />such Iren rn a manner aceeptablt ra t_cndtr, ur mall :n aoaai faun contest sucn'.+en by, tic defend enforecrne:u of such lien gin.
<br />regal ptoettdtngs which ogtrate ;o tsrevtnt sett en!urccnunt ui the ':en ur 'orf<rt;r:t of tt- Property or any part thcrca(.
<br />~. Nwrd tcwrssaee. Harrcwer shat! :tip °I:e ~mcrovtments now exerting nr hertafrcr erected tin .^re Yrope:ty insured
<br />against loss vy !ire. l;azardx ; ...udtd w:thrn the ter rn <xunuel ~ureragt", any sue: t: inner hazat~s as i__ndcr snap rcyu:rc
<br />and ;n such amunatx ur:d for sacra Ircr;ads as ! c.^.dcr rftay rtq ::+re pras~urd, ;h:.::~cnilcr shai) nor ~ryu,rc ;na! nc~ amount of
<br />xvcls s~aseragc ex+;ced .text asr,uunt ~vre age .c ~:r a su lay ~ +.rns c - r .+y .-. '?<ed f r-~.s.-
<br />T~€lE 'n3t:Can.e mar f!Cf I,rE;V-„ na "tC -'i _:ff arl..C `- ,: P>C '. f:L is-: r;y ii Orfr>w<f .'.: !l Cti: .. a}t Jr UrJ. '. Y' ' cndl'r- 4+rnr:dt'd.
<br />tlsat such approva'. shat! out :+c ,:nroasc:nau;y «:sht:c:u A?I pren,~urns .rn :nsur.:nee ,.wisests sha!~ i)c l+a:u :n the mannst
<br />pravsdtd under paragraph : hettaf ur, :l nor paid .!r each manner, h} Harrower rnak:ng payrsstnt, when dot, directly to the
<br />ssssuaoce tamer.
<br />.Rif tnsunnre pvlscsea and rertewais tr,»reat steal! t,c ::: form acceptabi- .u Le~ucr and )teals :ncludt a standard most gage
<br />claxsae rn !aunt ;sl and :n form accePrri:tg ru I.endcr i_cnuer s»a= base !rte r:gttt~:u nui,i ,t,t lzoiic'irs and renewals thereof.
<br />..a ~., _ =t, ~ .-j - „ ,~ . !__..5-.. .... ._.,___~~: - .! _ _ -> qtr , :±i_ ~., _ _ _. }U#5.
<br />Barrowtr i:all gi,<t ,,t a..rp, attic .~ :!te •rtsurat),.t ,arr:_r on., l~r tdc+. L€.,~_, ...r ..one ,-roc, u! uxs :! nor ~nadcspturnpt!y
<br />by BNrrawer
<br />;€~ ¢rnr~ray r~*nT s~p£-~:~vestiu+ - + e ;errs '_. ~3., --. __ -..s..r.-~_!.y .~s ~ic _ +d .ha .ec--n t u? :'!:a 3eeJiuf 'f. ~ st _..
<br />ur :ss~a,r; r, ~ ____
<br />tae smparrtil, raft :nsurarct prax'teds i`:ai7 Pet apntted to tr:c ='.~ms sci ur ed t+y stun l3eed .if Trust, with she esters, '.t any, pa:.i
<br />ro dxsrrawse if rx r:~ ,s aa_.es.ur:c....=y iiurrawc„ -. -- _~,.,, ._ ,_ -~ _.-:tier _..,.-,, ..~ sy`, :.,t
<br />:s auihorixtd to ~oltac. sad apply rte. :us:.ranaC ;>recetus at [ cede.: s upr:ur.. t.^.cr to ressorat•:an or r€pa t ,r se.t ! r,lpcny
<br />ar to the sums seturtd try thss Dtesr of l~rust,
<br />Unless Lender and Borrowtr unc~rw;sr agree ,rt venting, .;ray such .:ppticar,un of orsxctds to grin^.spa; shah ndt exterxt
<br />or pDStptine t_~.iisit date of the aztanthiy .ns.aitmtmx rcitrreJ ,u =n paragrapns and ? htrrat „r .hange the amount us
<br />ssteli mssal!mgits. !: under paragraph : ~ htrtat the Yroptrty :s acyur!cd d,y Lcnaer, .. t,ghr, title anti - ~tcrnt of Berrowcr
<br />+n airs! to aay inwray€ce pol±c:cs =nil :n and ! + r?€t prvecsds .bercuf ~cau;r:ng ! uni darnagc to she Ptupe:ty yr+ur to the sale
<br />of acsfvixrtian steals pass to ixndcr to F?se extent o! she wms .ecurtd by this i3ced ul ':usi ,:nmedratc y ^::ur :o such aair ur
<br />acquisnron.
<br />b. fsrtswrasian grad 4laiatessawce .rf YroOtrty; Lraaehoids: <-urdanssnaums; Yianrced L:nrt tkvetaymenta. Harruwcr
<br />snail kttp rSst Prirptrty :r5 k~c;:, CVa:r s;;d ) H •~.ze ):+,ns.r >e ., ...., ... .: .:e.r•: ~r -sic.=Ur-~::.-.. !ht I'rupc:'Y
<br />and shall vmpry w;th tits pror.)t--r .:..+ r -case 'l : ,+i l~ctd :rt ! - . ,sun 3 casthaiu '! thss need ui ~' •ust ~'s tin a nest ~^s a
<br />cans5onssntvm ur a planned ;.nu ucst!os:•s-.:. _iatrawer s:tai= :recarm a' o: Harrawet s ur;i:ga sos ;.. < ~5c dcc-- :.sn
<br />tit ci3vetsapis GF1y11itpg dr. YoRern+ug ;ne ..uru7arnm+an: :ss p:aruteo .r:lrr ycre:upmc;et, rtae by-laws .:trssJ:ego:at:ans ~-;!+the
<br />carsiantiniuYS ur ptaerstd ....,, txvc;;;pmcut, .n:. ,:;:st:t:,::u 'xurncn!s +f a .unuumsn,um ur pianneil ,. rate clevciapmen=.
<br />rider rx txatutad `_:y Bra: r-ewe. aa•~ .~zdet :uyzt her - ,. - z<s ~-' - -„se. '^_r ~_.;.t,.sn;s - ,krrr- s , + <.. - .ch r::Scr
<br />yt4ai tX rflear pVlaftd :tiro .Led )..3--~ .i t.,<n> a_.:: )~3 }'~'C i.C e.. '.'te .J,C.:.z:, i a ~ +gre~!r.L..-a ~, `5~9 rllet~ ~"iSr :A ! .^:C : -=c1
<br />were a poi httea€.
<br />7, 1•reteetlors OY I,estfes'x ~acurisy. tl Harrower 'aril ru pcrlorm the covenants and agreetncnrs cuntamed ::: rhrs
<br />DiYd of Crust. tie rl any ac.lan :tr ssrssc~eed:wg =s .umtnersced a,h+ih ::.sttttal!y :!€ects l.ersdcr`s interest :hc Yruperty,
<br />.u-1. ~,h~ t.._r€ ~ ii,,,.r..a to, t••=,,,•n? d~t«-:sic :=.x~iat,~~_, ~ 1s rnr ur~•,,ytt;t. ~+ at*.anstmsnts or nra<str?+ngs ~Itv.,;s:rag
<br />bankrupt or siesxdent, =hen Ltrsdes a€ Ltn,~ers opt+un uraon :toner .u Horrawtr,isnxy make su.h appeara crs~ :i~st;u:)< sa..h
<br />.liens a° ti::a irsstr'i aettsan c3 ~csaafy :~rrrta`E .utr5 :nrcrfa,, :rag, ,r.r ..ar .su .,: xcme;tt _„
<br />restseyrsl64e ailW islJrs ltxa aril miry urn sits '7ru(5trty~e~ nsaist repaus. 4,J Ltrsder tryvtres9 rno;t;age .raurance ..s e
<br />sass~st€ron aY making tha sns€ st'w'.ir€' '_ ,^=.s ~#at+.t of '.`sv;E€. Ilorrowet shah rpay :°r prtastums r*nqu,±~~ !a :-^a,nta:n s;;ch
<br />:tsssiranezce rn t,t =rrs•si s~A tr€na ms "';-t~ rmyu;rrmtns fur stir:; =ttsurarct ttt,n,ttxtas :n a~rosdara:e •.:'': ?ierrowcr s a:x:
<br />f-trlf~tr x wrtfttn 2~'KEFMnt 5)r apptlGab?t 'aw BCItiUw;r Stlitl ;Wy 't=f i1 iTiVUilt 4r :i~t YtlNrl girt ir+Elar irr~:C p[C',l:Anti -n ['12
<br />rriarrr ~`ov€dt€d ~ridtr garages-{ds 2 '^~ti4'mf-
<br />Any ~s ds~rusl !°y !ender .'-arsusr3: sv rftts 6=arigtai:r+ . wish +;t;rrtst +':erta .._,- 'x: ^A- =1d:*.=u^a=
<br />'Mststexttlneaa of Barrowtr st~ux4r3 by this Cited of firvu- units Borrowtr and Lrndtr agree to ather7+€rtns u± t.ayrr+<nt, sus?:
<br />arsssunts stti=f s+at ¢tpy>s~:s'it upon rrrtrc€ :ever Ltnder to Boatower rrs;uenrrng Paymtnr :rstrcot. „nd shx!< xer ,s-!tees=. ! ,._. .,_
<br />'tp ref dislsursartsent at rlst rata pay:Gic finer rims ro ilex on ours+anditsg pr+rsc,pa' ~,,ndtr !t,e tiote :-mess !~aymtnt u : ,retest
<br />of Itvt:fi rate wusr!t# ~ Banat ary to at?pi;sa€s+e -ave. :rr which triter s)v i• arn;suni stroll :sear ::saes! .. tc ^;gf+€st :.rt€
<br />psit?tai~st~ t~ir apg!i~a}+`s€ taw '"rt_tr;ssg s4tiid>nf€s =n !h>s paragraph ? sErs+' 1*_,u4ct LenJtr -_ ._... _ y c•p••axe ... raa€
<br />a€sq Brit tsyisss.r.
<br />'~ - -
<br />t;;pwr. =-@r;sfc--r mss; ansat ur ra;e~ sir vt ,rasde .casirnabit etas roc; s;p}an a-y 'nsfrtce:ant c.i ' 2 °••,frc•r y. ;* r: _..c..
<br />i~' .._'.°. `; ~~'zsr.i,r;.a, s~,a ,. ~ -a _ ~a~ r~~~esx.=: svi'.' T--_; :eaaar a?a-c .3)t=:< __. c.~ <. a. €:• -,. _ -,.e- .
<br />xfdttrrnl3 rr5~i ~~-ht €srprr+sriv.
<br />
|