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8~-.-~~~.~~133~
<br />Uxtt~tt-r Covet+mrrs. v..--rosier acrd Lender wvrnam and agate as fofbws-
<br />1. !'s)a6sf sw/ asst fit. Borrower shall promptly pap when dire the prirrcipat of and interest on the
<br />ittdeblNttess eviddreed by t Noce, prepsymeAt and late charges as provided in the Note, and tht prfrtcipal of acid interest
<br />on Future Advattaes stxttrcd by t!-is Heed of Trust.
<br />2: ~ttltttile tar 1'uw ttM ItteAealeee. Subject to apP-icttbk law or to a written waive by i.cader, 13otrowcr shad pay
<br />to Lender on (fie day crtotmhty irritaHmerrts of principal attd interest are payable under the Nae, until the Note is paid in full.
<br />a start (herein "Bmt~°} cq~t to aft-t.vefftfi of .fie pearly taxes and assessments which may attain ptioriry over this
<br />Deed of Truce, and gixtuad testa on the Property, it any, pltn Dire-twelfth of yearly premium inuallments for hard trtsurattrx,
<br />plus Dec-twelfth ~ yeaay premium installments Eor mortgage insurarttt, if arty, all as reawnably estimated initially and from
<br />time to tHne ~byy Lettdet as the basis of assessments and bilk and reasonable estimates thereof.
<br />The Ftmdb shall be held in an ittstNUtion the deposits or accounts of which ate insured or guaranteed by a Federal or
<br />soft agency (ieelttditfg Leader if Lender is such an institutions. Lender shall apply the Funds to pay said taxis, attsessrtxms.
<br />irourartce premitmts and ground tents Lender may not charge for so holding and applying the Funds. anatyzittg said accotmi
<br />a verifpiAg-and eanpitirtg said assessments and bills, unless under pays BorrowW interest an the Funds and applicable law
<br />permits I.tttder to make such a charge. Borrower and txrtder may agree in writing at the time of execution of this
<br />Deed tsf Trust that imcrest on the Funds shall be paid to Borrower, and unless such agreement is made or applicable law
<br />ret#uires seteti interest to be paw, Lender shalt real be required to pay Borrower any interest or earnin¢s on she Funds. Leneier
<br />shaft girt to Harrower, without cMrge, an_ arrest accamting of the Funds showing credits and debits to the Funds and the
<br />Perpoee tear which each debit to'tfte Funds was made. The Fonda arc pledged as add'uiand security for the stuns secured
<br />fay this Decd of Trwt.
<br />Tf the amotmm of the Ftrtds hedd by Lender, together with the future monthly irtstatlrttertts of Funds payable prior to
<br />the dttc dates of taxes, assessments, ituetrafeee premiums and ground rents, shall exceed the amount required to pay said taxes,
<br />araetsnraertti, itstsrartce premiums and ground rcnes ax they ('alt due, such excess shall he, at Borrower's option, either
<br />pprromptfy rcparid to Borrower or credited to Borrower an monthly installments of Funds. If the amount of the Funds
<br />trald by Lender shat! rest he suffkitn[ to pay taxes, assESUnenfs, irtsurancc premiums and ground rents as they fall due.
<br />Borrosiier shall pay to Lender say amount necessary to make up the deficiency within 30 days from the date notice is mailed
<br />by Leader to Burrower requestioa payaaertt tftercof.
<br />Upon payment in ftdl of aft stems secured by this Decd of Trust, Lender shall promptly refund to Borrower any Fttnds
<br />held by Lender. [t trader pangnjtlt !g hereof the Property is sold or the Property is otherwru acquired by Leader. Lender
<br />shall apply, na later thm immediately prior to the sale of the Property ar its acquisition by Lxmder. any Fonds held by
<br />Lettdar u flee time ~ application as a credit against the sums secured by this Dted of Trust.
<br />~. ApgYicaMs¢t d PrymestM. Unless applicable law provides otherwise, all payments received by Leader under the
<br />Nat and paragrapFn t and 2 hereof shaft be appFfed sty 1_cnder first in payment of amounts payable to Lender by Borrower
<br />under paragraph 2 ehereaf, then to interest payable on the Note, then to the principal of the Nae. and then to interest and
<br />printa~ tm any Fuwrc Advitacea.
<br />Ctwaea i,ietr. Borrower shall pay alt taxes. assessments and other charges, fines and impositions attrihutabk to
<br />the Prapaty which tttay attaia a priority aver this Dixd of Trtn¢, and leasehold payments or grouted rents. if any, in the
<br />taaeav pt+trvidad ttadet {~rag#rreph 2 heremf rr, if trot paid in such manner, by Borrower making paYneertt, whom dttt. directly
<br />to the payeee thereof. Borrower shaft promptfy furnish to i_tntkr al! nontts of amounts due under this paragraph. and in the
<br />anent Harrower shall make paymem directly, Borrower shall pranptly furnish to Lender meipts evidencing such payrnems.
<br />Borrower shag prtamptty dischar~c any tier which hu priority over this Deed of 7'rust•, provided, that Borrower shat) not be
<br />rMt+ir~ to discharge any such Iran sa tang as Borrower chaff agree in writing to the payment of the obligation secured by
<br />such stem in a meaner acceptaide to larder. Or shall in good faith contest such hen hy. or defend enforttment of such litn m.
<br />kgd~ which opetatt to prevent the enforttrnent of the hen or farfciutre rf the Property or any part thereof.
<br />LMSesata. BorrowW shalt keep the impravcmenta now exrsung Or hereafter erected en the Property insured
<br />agairgt fps by drt, hatatds included within the term "extended ~uveraggee", and such other hazards as Lender may require
<br />sad in zeude amounts artd far strh periods as Tsnder may rrgwre: provided. that l.enekr shall nut require that the amount of
<br />such 4wvaragt excedf that amaiat of coverage required to pay the sums seaurctf by this Iletd of Tnnt.
<br />The inseeratiet curter ptovtefiag the insurance shall be chosen by Barrnwer suhjext to approval by Lender, provided.
<br />thu atseh 1 afnf{ toot 6e urtreawtuhly withhctd. All prcmruitta an insurance policies shall t+e paid in the martoer
<br />jtrovidat u~;i'arap^ttph 2 her+eot or, it trot paid in strch manrser, by Borrower making ~yrttent, when dtte, directly to the
<br />rttruraaee rustier.
<br />Ai{ iasurartee pdicip sad rcnewaRs thereof shall t+e in farm acceptable fu Lender and shalt include a standard mortgage
<br />ciawe in favor of attd in form acttptabk to t_erxkr !.ender shall have the nght to hold the pOiicies and renewals thereat.
<br />astd Borrtttver chap protptly furnish to i erttitr all rtrrtwal nutrcxti and sit rracipta of paid premiums. In the event of lass.
<br />flatrvwar tthidf give pfompt trotrCe to the 1n;{trageC ~erlKr rn>f Lender. L.endtr may make proof of Ips rf not made pnmrpdy
<br />Sy Hartarree.
<br />Uttlear (.ender and Borrower athenvtsc agate in wrung, insurance prusixds shal# (te applied to restoraUOn or report of
<br />the Pnspeny dtttnagad, proviekd such rcsraratntn ar rtpatr e. riuiNirntial(y #eaxthlc and the security of this [ked of Trust is
<br />eta tbarcbY itt-pairtd- If such reuaratwA ur rcpatr is nut eeutttartrically teasrirlc ur tf the seiurity of this lJecd of 't'rust would
<br />6e itapttirad, the irraurattct pructsda aha17 tit applied to the sums ateured by this LytKd of 'frost, with the exct:ss, if any. paid
<br />to Bvtmwer, l# the Property ix aftramdoned by Bc+rrowcr, Or if Borrower fails to respond to L~neier within 30 days trains the
<br />dolt tsotx€ess rnatled key Ltr#r to Btttrewcr that reap attaUxatlCt catritr uflcrs to stttlt a claim fen instuanae benefits- Lender
<br />is aWhociassi to cdiect attd apply this insurattcc pratr tads at L.enetti a upttan euher to restoration or repair of the Pruptny
<br />a to the ewes tiaet+ted fs~t t~s Dead of Ttt+st.
<br />Utsless Letadat sad u otherwise agree in venting, any such appfa,ation of proceeds to principal shat) not extend
<br />ar poWpo~e the rlae due of the mtiritthly instatlttiertts rtferreJ to en paragraphs # and 2 hereof ar change the amount of
<br />welt ittsgUtmeats, tf trader paragraph 1 g htreol the Property is a.:yuiral by f..trtdW, all tight, title and intWOt of Batruwer
<br />in and to say ituuraetex pdiciea arttj in attd to the pra:exds Ihtrcut resulting from damage to the Proptny piton to the soli
<br />tx acyuisiKon shall pass to L.ttttkr to the extent of the sutra srcurcd by thin Deed of Trust tmittediately prsar to such salt or
<br />acquisitioa,
<br />4 Ptiasu*tWaw sad Mtlisiaaawcs rr( rsoteerty; Leasa-aMla: t'oadanelwituas; Phrrsaad Uwit fhrelopasNS. Bon'uwtr
<br />.hall keep the Pttipcnv in gaud repair and aba l nut sumtnet waste nr permu mtPPauotrnt n dctreiarau.vi of the Property
<br />:end shat) com~yy with the pravuions of any kale it this [teed Of Trust is un a leasthoW. It thin Iletd of Trust is on a unit en a
<br />cxtrxlamimium or a ptanered unit tkvebpntent, Bor[awtr shalt perform aft of Borrower's obligauon> under the dtctaraucan
<br />ex CoveAantt cxeating or guvrtnmg the curtdanunwm or planned unu dtvclupnttnt, the by-laws ;end rrgulauana of the
<br />catdamimiuM e# p{aaaed unit dcvtlnptsunt, slut raruutuent Jucutttcnts. if a cundemtinium Or pl4nntd unit development
<br />rides is exe:cutrrd by Borruwcr atxl rpardrd tstgttfxar with this Deed ut Trust, the revenants and agretmenta of sash nder
<br />shall ie tgcorporatetd iota and stall amend and suppkniettt the .usenanta artd agreements of this Dead ut 1'ruat a. if the ridrt
<br />ware a part hertxrt.
<br />7, 114Wectlaa st [.asideer'a 9sestsigr. It Brtrruwct tarts to perform the euvtnants and agreements comairied in this
<br />()sod of Treat, or if say action a ptocttding is e-amrrtrrtcad which mattrtalty aRtcts Lender's interest to the Pruptrty,
<br />iterl{kllmg, but rest litatted to, eminent tbttiain, itttulverrcy, rude enfurcetttent, or arrangeneeots or pre.>`cedings invulvtng a
<br />hamkrupt or decedent, then {.etitfu at L.crukr's Option, upon ttubcc to Batruwer, may make such appearances, disburse shah
<br />t'attfrs are{ titre stash actuut u rs rtcC-essary #O pprrut>;c# txndtr's mteras#, rrriittdsn$ ttttt nut limited tu, Jishttrsentent .a#
<br />~~ attat~ey°s flea oast ,Mfr} ttpau the f rupcrty to masse rt~tu~ tf Lrndex required n+at tnnsurransc :n a
<br />cagditiewt od ttitetirig the {Dart secants! t+[}` this !lard of Trust, Barrnwer xhatl pay Ehe premiums rtyuired to marntarn gush
<br />tnwrattet to etl'eet Umt{ notch flint tl6 (tit rtgUlrcnltrif tat SUCK inaUranrr lertnlnatta Iri aai:ardanCe wllh BOIiawCr'5 Jttd
<br />ltadfr`a wrsttktt agcee3ateet at a Sit law, t3atrowet shaft pay the antOUnt of sit mortgage msuranre prcmwms m the
<br />neartirar ptuavidtd uAdar ags I~k14rL'Of.
<br />An amosmta tt~by Ltodtr peusuant to the paragraph ', wuh mtcrest thwcun, shaft txsume adduiunal
<br />i~ at Bwtwvat secured sty Phis fyeed tat Trost Unless 8urtawtr and Lender agree tO othtt senora of pa±ntent, such
<br />arowattti dutif be peyaWs upioA rrotrce Exam {.crtrkr to Barrnwer requesting paytttent thtrcOl, and shalt tear interest trexn the
<br />data At e~hNN!lataat at t!e rtlte payable frost titre to tltte on Qutsranding principal under the Note unless payment of intttest
<br />u axh rate svasdd tat coAUary to appln;abfc lees, in which teens such amounts shalt hear In`ttrest at the highest rate
<br />~pu4 app~abke law. Notlsimg comtaittest in this paragraph ? shift reyuirt Lender to incur any rxpenst or take
<br />d. IIII [.ts;dtt rosy naakir eR carat to ht made rcasOnabk tntrres upt?tt and trtapcatiarts Ot the Praptrty, prtntdcd
<br />t7taa l,cardet dltatl diet Btrtrt'awti rse2lkt prurr fa any such iASptctian sprcifyittg reasonaLak s:atrst tttc(tfut related to I_endcr'4
<br />ttateraef iq the Freeewty.
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