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BI--=s~~`7~ <br />33Mtrnuaas Cwetrntsig. fiorrt~sr aroma Lender cvvanam and agr~ as friiaws: <br />]. t( ae! IatesssE. Borrawrr shalt promptly pay what dtx the principal cxf and interest on the <br />evidaterd hy~re Note, prapaytrxatt and late chatg€t as provedat rn the Nate, and the princrpat of anJ interest <br />ern a f=letters Advances secured by ibis i)atd al Tr+tst. <br />3. 1F~B iMP "!'eno atsd ifaswaaee. Subject to trpplicahie law ar to a written waiver by i.ertder, Borrower shah pay <br />to I.e;ttfet oft rtes day motuhty izistallmrnis of prrttaipai and inletest are gayabk under lets NWC, u,rlil the Note is paid in tali, <br />a sum (herein "Funds"} squat to ores-tweift of the yearly taxes and assessments which may attain griority over this <br />f3rxd of Trtat, seal ground rents on the fsrrrperty, if any, plus nnc-twrifth of yearly premium installments far hazard tnsurancr. <br />glees-ores-twelfth of yearly premium installments for mott$agc itnurarice, tf any. all as reasonably rsnmated inittally and from <br />time to Lima by fender on the hose of asttetsments and bells and reasonable estimates thereof. <br />11ie Funds sYotll bt held in an irntituUOn the deprrsits nr aciotrms of which arc ensured or guaranteed by a Federal or <br />state agency finclttding f.erxkr if I-ender is such an insutuurmi. 1 ender shalt apply the Funds to pay said taxes. assessments. <br />itmtrattce ptttnttiums and gnxtmd rents. [.ender may trot charge for so holdeng and applyinlt the Funds, analynng srrJ account <br />ar verifying and compiling sa+d asaessmrnu and bills, untesv f eerier trays Bturnwer rntcrest on the FttnJe end appbcahlc lass <br />ppeeewits I ender to make such a chargt. Bortuwer and 1 rrtder may rgrer m wrrtmg at the Uwe of exccutinn of this <br />[Teed of True that imrrest on the Funds si+all he paid to Borrower, and unless retch aRrcetnem is mode or apptieahle law <br />rsquims se+eh inlarW to be paid, I.tnder steep not Fee r°ywred to pay Borrower any mterest or earnings on the Funds. t.cndcr <br />shall glue to Borrower, without charge, an annual atcaunnng of the Funds showeng credds and debits to the Funds and ten <br />ppnnrp[ae frx which each debit to the Funds was made. The Funds are plafgerl as additional security for the sums secured <br />by this Geed of Trost. <br />ff she aeetount of the Funds held hp !.coder. rrxgether wuh the i.aurc msxnthly tnstallmrnts of Fonds payable gone to <br />the due dates tr! taxes, assessments, emturancc premiums aced ground rrms. sfialt cscceJ the amount required u? pay said taxr+. <br />attatsarttents, insurance premrums are! ground rents .+s they tali slue, such ex;-ess ,hall txc, at Fiorrnwer's option, either <br />Iy teptid to Borrower br credited to Borrower tart monthly eastallments ~xf Funds. If the amount of the Funds <br />d by [.ruder shall not ire sut}'icient to pay taxes, aasesamenu, insurance premwms and ground rents ax they fell due. <br />Borrower shall pay to Lender any amount rxcesaary to make up ttx deficiency wdhm 30 days from the date notice rs mailed <br />by Leatlar to Baro+trer regitespt-g ptyttnertt thereof. <br />Uptxt payment in fuB of alt stems soured by this Died of !`cwt. I coder shall pmmpdy rciund to Borrower any Funds <br />held trq Lender. If under paragraErh !$ hereof the Pmpenv :, s¢rld ar ten. Property a othcrw+sc aiyuircJ by Lender. Lender <br />steal) apply, nn tatty thee tmmedtately prior to the sail of the Progeny ar its a.ytusnrnn by Lender. :iny Funds held i?y <br />Lender ru tits lima of tcatioa as a credit against the sums secured by this Decd nt Trust <br />3. Ap~Meatf+oa a( hyase>ah. Unless apphcabk Iasa ua.wrdn utherwrse. at1 paymrnn reeervrJ by !.ender under the <br />Nola and paragraphs f and 2 hereof shall he appl+ed by t ~ndrr first .n payment of amounts payable to (ender by Borrower <br />reader paragraph 2 hereof, [teen to interest pay^bbkk un rbr Norr, then to rhr pruntpal of the Note. and then tcx interest and <br />per on aay Future Advanca_ <br />f. CtweBar [.leas. Borrower shall pay all rases. asseurrxnn .+nd ~arirr ~harttes. hors and :mprn?rions ,rtfrii+utahtc to <br />the f±rtaomts which rosy attain a priority over this i)erd of 'Trust. and ieasrholJ payrtxms or grtwnd rents, iE any, in the <br />ttttttaots' ptovi:~d utsdex paragraph 2 hereof oe, i€ real 1raiJ in such manner, 6y Borrower makeng payment, when due. dtrcct'ry <br />to the payce tlrerevf. Brr-rowV sltaB promptly furnish to Len+kr all ovum ui amaunls due uttdtr thrs paragraph, and in the <br />evsttat Borrower abet! make payment directly, Borrawrr shall promptly torntsh to t.rnder recerpts evrdcnceng sash payments. <br />Borrower sha#1 prrmtptly ~ anY lira wh+rh has grmnty over this fkcd of i rust; pnsvided, that Horn+wcr shall not to <br />rtyctinLd to cthchargr any such teen s< Itsng as Borrower shall agree an wriun¢ to the gayment of the +>hl,ganon secured by <br />such lice to a raaonv ttctxptabk to t.cndar, err shall an grxx) rauh irxuest +uih hen hy, or defend enfor.emcnt o{ such Iren in- <br />legal pr~etetNin which operate to ptrvant the tniorcemerst n1 the Iren or forfniuut of the Progeny ++r any pan thercro(. <br />+~, Iasi. Borrower shah keep the rmpmvements new; txistittg +xr hereafter erccteJ on the Property msurtd <br />agairtat loss by fife, hazards included wuhm the tvm 'txtemird _uvcrrge'", anJ .trite ,?[her ttazanh as I ender may rryu+rr <br />lead ra matt artvounta ate! for such ptru~ds as Lender maY rryu,rc. prnvtdtri. !fiat I.en+hr ~hatl not rcyurre that the amrumt of <br />strait Coverage extroed that antaunt of wveragr reytured ro pas the vums secured hY ihrs t)rrd :st t cleat <br />The insurance serest providing the tnsuranu ,hall fir rho,cn ny fiarruwrr suhtcct to rpgFi?sal hs 1 .'nJcr. gn:v:JesL <br />twt tW6h apptpvai shot! clot fee uncaasonably wtthhrid All prrmiurra on insurance {xxhars >hali !n peed in the nxanr~ar <br />ptraveded smdat pua=rtpft « htutof or. tf rxx peed +n such nuance. by Bottuwtr tnaktng payrttcnt, warn dtrc, Jitectiy tcx the <br />iassaaotx carrier. <br />All insurance poitcies and renewals tttrrcui shall tx en town aiirptartk ro i ender and shalt ?nch+sir a slandarJ mongagr <br />steers in fttvar Of seal in farm acceptable to l.trnkc Leatk+ shall have Iht right to ItuIJ the twitiirs aetJ trnrwuls thercot. <br />sad Btxrvwer shelf grumpily ~urniab err f.etrJor ill rersew3l rx#r~tx amt all recre~s of oar+! premii?ms. In ?hc tut:+xt ~+t tits±. <br />tit ~~, mgr r~v~ tfx teto ,t~r,ttt~r ~atrrrt and Lrndet. I:rnster trtay male gran( nE loss :l not made prsirnptly <br />~ ULenrkr and Bureowtr ottterwtar agrr~ tt? went+tg. ?nsxta+zer ,,tus:teds ,nai! !xr rpgitrd try rrstnrattou or re{xao ni <br />;r*:-s.t.~rty d:r:a;°:d. p '=:'!'ai :-:a:!'.:=~t•:a:n:•: s. ~ t -_ - 11y +s_as:trlr ,a,-ti lets Ora. t+.v .;i Chas l)r'cil of i trot :. <br />t~€by tmga-tt~i, If s~.fi ta~ttarstson a+€ rr tss nut c~ m..s: . ~..s re;EStt+tr •n ,C tFx ,rctutiY of ihr. iArd r,t 9-ts ,t 'crtris~ <br />'l1L i,}tNi, r. c 'r1d1r~i4w pr"w,s`~G :R3tF :~ Yr-'.°~"`~' $i_ - ~ :_ - - - 1~.~ t. 1 L t - 1 t y r k "lad. - sE _ 7 ~ ny,al <br />to Ber[owrt, I[ the Progeny is abat+duiteJ by Botr+?wu. +xr rt fian?owcr f3-h to rest-?n- t:. i.c-tius:r w:toot iz days i ton the <br />@itC t`~ittr6 S.4 raatkti icy !_etrtie~ ~ wrrus'sr [.~~' :~ ,rte ~.r.:sF .,t:;s- - - .z , t - ,~ 'i; ~r <br />is ~r'•is»~ #st ir~~~ ;rod any =tom .~-r- -:! ice''=~~v!~ _-etc r ~.trsr sett-t -t :roau E [hr 4t r ~ertk <br />or to the slues secured by this i7ced of Trust. - <br />Urtips l.arttkr and tts_wrar othraw+sa agree ut wrtttng, ens su:h appticatton of prtnrtda to grutctga! ,hall not extcrrJ <br />M pone the due data of the monthly +nvtailmenu reterrcJ to to paragraphs I anJ 2 hcrcot or ahangt the anxsunt of <br />tech inatailrutrzts. !f ttmirr paragratait 1!t borstal the Nrogrtty „ :rsyuocJ t+y f eu:trr, al! rrKht, title anJ ,nicre,t +st &trr+kwrr <br />to atsd to any insurance pohc;rs a +n acrd to lets pc.>i reds thereat resultutg Iron: damage to the Pn,t>s•rty t+t u,r to the ,rla <br />or ar:gitisitton shat pass tv I.atdrr to the txtts+t of tees sweet srcurtsi ht this DreJ ut trust :ntmrJeatet~ rreoe to ,uih seer or <br />aoquiailitm. <br />i, tsratcva{Iprr sad Atlaiatrttnrct of t'raatrty; Leaaeiwlth; t'uaioatiaiuarat; Pleaa:rd Unit lyevtrleparoau. Barrows: <br />shall keep tits Property :n g+xxi rrAair .end she i rise ,: Drum+t weals +,r tx rutrt a+rpsu r,tcut .ri ;f,+c r,:,r .: u,sn : t +tx I'rufw rte <br />and rdail ctmzpiy with the pruvueatis tri any !rase if tiers i)eeJ c,f l nut .v on a lrascitailJ It thr+ tract at '(lets! r, .v, x amt :n a <br />condonuntum or a pianueJ unn devzlop/r+Cnt, fiarruwcr ,}tell prr,toem .ell of Borrower , onlrgat::?ns under the Jrslar.,oorr <br />w covrnartls c[Cating ur governing the .utiilorntn+um .,r giauexrf unit +irveiopmcni, efts f,y-taw, .ru+t rrt:ulsu;:n, +. rte.: <br />eondwainktm o[ plrrtnrJ amt Jevolopuwnt, and eunst:Rrrnt dsx.uncems It a ondomrnu,m or ptanneJ una Jr.ctopmcru <br />rider is execuierf by Bttzruwrr arse reinrdrJ toarther won th,s t)eeJ of I rust. tln :ovr:k.uos anJ a~~renicnt, „t ,u.h ,:der <br />Ali be ineatpetrated stun and shelf rateeu7 and supiaisarso nt the eovenattt, end rgtst-utents rat the i~h€J .:i t rts,t .,. ;. the ru3ee <br />tt~re a pan hereof. <br />7. Irseteedra ed iAadar'i Slettia'ily. 11 tiat~tawer tabs to pertnrnt lets env-result auJ agtcentrul, :+uuu:rn.t an tlti+ <br />[lead of Trtrt, of if any actian ur proceeJwy is catzentcnird which mattnally alTects t.ortJrr's intcrrst en the Progx;ni, <br />itrcltidirtg. hum not limited ta, amittGit damairt, etssvlveniY, cede rnfvticrnrnt, or arrangrmentx or prsrereJengs :etvals:ng a <br />`_ r - _ -_-`__• ,~-- ; - _• • __.+~,•< ._ra~y;, „~,~ •': ..; L-txrruwcr, matt k_ such ~z`:trerra ;le.i,+tr~ xuaf? <br />~ ~:uf take ;.:x:'€ e;~- a~xt ~ is ^.„ss.: ry~ to ut~ ! L_ncier -mrtrtxt r?a't,~d,ng but oat i:uuteJ L d?-hurvauaa: t i <br />raasartabie at#orae)`s flea eclat entry upon the rvprrty iu make repeat It i wider rrqutrrd o,otrgags 'r,u,,; .., <br />cuadi4ioru ~ making the Iaau srct-zed by the L')ard of Trtut, kktrrawet [hull pay the gtrntiums rrywnJ t n,a:nta:n ,usl? <br />i>a~artr~ tit ~taCt tanrit tarr"h time as ibr raquiieu~nt frxr suite insurartie tt,tntttates :n aiisrrdaitce watt liortowtt=', s?tJ <br />Oats wHtiea agreerrLent of applie;.rrt~ taw Buuowet shalt pay the arzxswtt of a1f martgagr ,nsuranie ptrx?arurxrs «rs ten <br />niaaoer provided under par aPT+ : hatsfot. <br />Alf ~s ~€txsr~~rbp l.onr gtirsUrank kr $tts paragraph ? with rui:resE thgrttxn. .lxaE! tom- +„xu a.~iu i,t~! <br />i of Borrower secured by stets f)aed t~f "trust. t'niess Bgrrowcr and i.rtrJet ague to outer tz tuts l t~tytt+eu+ ;:i; <br />amtrjttsta.shall i+e payable upon ttoYiu (tram f.atxkr tv Burrower rtyttrsung peyote+u thrtrof- and shat! t><;tr enter rat ?,o„? else <br />t r~ r(~Ittt[~tnlast at rho rate paya!>ia tttasrt lima to titer net outstauding grtni+pa! under the tinlr unless yxayntcnt of intrrest <br />e1 etch r~q 1vOSth1 be cohtrary to apfrlic~k taw, in whim event stx:h amounts shalt hr~ar antrr~t ,it the Mghr,r rate <br />prfrka turkr apphcabk taw. Nwhirsg cunlairird rn thrs laragraph 'shat: regales l.etadez to :near an} expense +Y take <br />any ix;iton itet+auadax. <br />ff. ~_ F.ttxkr tttay tttakc or catno to be mask rcasonablr rntr+CS open and rns{xcctratev r+t =ns #'ra{aeri}, p;.,sr=kJ <br />kt!!!at t shalt givo Borrower notice peeve ur app' such instrriuott sgrcifyittg teas._~nublr cause tttrrrlvt rriala'si rc, l en.irr . <br />itrsarest id the PPDladty. <br />