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<br />$~-~;C14$2~ <br />l.iarr€oaar {'a:rssxtvss. ~:nv+vrr a;ttt # ert+~.• c.*srn.+nt arxi ag=;:r a, #r~,l{+±,vs- <br />i. Pnywtawt of lrttw~si tswd Itttteresl. 13orrowtt :bast promptly pav wt:tn d+rc the pnne+pai of anil inmrc<t ++n tnc <br />radcMsdntss evidenced by the f+fote. prepayment arm late rhargcs as pravrdsd :n the Nutc, and the prin<tpat of and intern[ <br />r+n an • Fnsure Advances seared by this (3ccJ of 1 rust <br />Z Fwi twr Tawas ttrf dttainwce. Subject to applicable taw or to a written waiver by [.ender, Borrower shat[ pay <br />t++ Lender art test day monthly inxtallrtremc of prerscrpal and meters[ art payable under the Noce, until the Note is paid in full. <br />a stem (herein "Few"l equal te+ otx-twelfth of tree ycarty texts anJ asu,,smcnss whrch may attain pnority over this <br />Decd of Trust, and gtouwd rents ten the Pmpsny, rt any, plus ant-[cac[[[ti of yearly premium itrctallments for hazard insurance. <br />pros Doe-twstfth ~ ysarty ptemeam mstallrrtents for mortgage insueana r. if any, alt as rcasanably estimated irnuaily and from <br />time tee tint: by t.emkc on the basin at assessments and belts and rcasanabic cstimatec thereof. <br />The Ftusds shag bs brad in an restitution the deposits ar accounts of which are msurcd ar guaranteed by a Ftderat ar <br />state agency {irtctuding [ender it Lender ra <++rh an insututu+n#. l ender ,hall apply the Funds to pay said rases. assessments. <br />tnsuranes premiums and ground rena. Lenrfcr may nor charge for so herding and applying tttc Fonds, artalyaing said account <br />ur vsnfyirtg and eompihng uwt assessments and ht#Is. unless Lender pays Barmwer mtcrest am the Funds and appliabfe law <br />ptemits lender to make such a charge. Born+wtr and Lender may agree m wnting at tfie [trot of execution of tin <br />Deed n( Trust [fiat intereu nn the FunJ, shall be pard to Borrower. and unless such agreement r, made or applicable law <br />requrrss sttrh interest to lsr paid. t ender matt not ttC rcqutrsd to pay B+,rrowrr anY mutest ar earnings on the Funds. Gender <br />shall give to Borrower, cantina[ charge, an nnnnal arcaunting of the Fund, ,how mg crcilus soil +iehns to the Funds and the <br />purpose for which sub debit to the Funds was made. 7tte ;`ands art pledged as aildittanal security for the sums secured <br />by this IEad of Trust. <br />I/ the amount of the Funds herd by Lender, tc,gcther with the rotate monthly instafltttcnts of Funds payahtt prior to <br />the due darts of taxes. asussments, ntsurance premiums and grotuts) rents, shall cachet the amrnmt rcquircd to pay said texts. <br />asussmcnts, insurance premiums and ground rents as they tall due. such caress shall tic, at Bam,wer's optmn, tither <br />promptty repaid to Borrower or credited to Barrower cut monthly rnstallmcm< of Funds. tt the amamt of ttu: Funds <br />hsid try Lender shat[ not I+e sullicitnt tie pay taxes, assessments, insurance premiums and ground rents as they felt due. <br />Borrower shaft pay m Lender any amount r,cecssary to make up the deficiency wihin 30 days from the elate notice is mailed <br />by I.srYdEr to Borrower requesting payment thereof. <br />Upon payment in lull of all sums scared by [tits Decd of Trust. Lender shall promptty refund to Barmwer any Funds <br />hsid by i.etder. if udder paragraph IS tureaf the Progeny n sold ur the Property a rnhcrwtac acyuircJ by Lender. Lender <br />shat! apply, tto I#ata than imrnsdutdy prior fu the safe of the Property or its acquisnion by Lender, any Funds herd by <br />Lender's[ the tithe of a~lication as a trtdit against the sums secured by [tits (ked of Truu. <br />3. A//iiratlen o~ Ps~wswh. Unftss applicable law provides othenvrse, all payments rtteived ny Lattdtr under Iht <br />Nee and paragraphs I anti 2 hereof shall tx appiMd ny I ender fiat m payment of amatnts payahlt to Lender by Barrnwcr <br />under ptvagnph 2 Iteteof, then to interest payable ore the Notc, then to the principal of the Nate. and then io interest and <br />privet ! on any Future Advatuee. <br />~G'iwgeF [.dens. Borrower shall pay all teats, assessments and other charges, fines and impmrtions attributable to <br />flu Prs:~.sy whrch ~y aitsin a nn4rity over this dked of Trust. and IeauhaW payments or ground rents, if any, in the <br />tnaweter provided ttttdea paragraph 2 hueot ar, it not pard in sucn manrtcr, by Borrower making payment, when dirs. directly <br />to the p yea thrntsof. Burrower shall ~~rrromptly furnish to [.ender all notices of amountc due under [ties paragraph, and in the <br />event Borrower shall nuke payment rlirertly, Borrower shalt promptty humsh to Lender receipts evidennng such payrnsnes. <br />8arrawer stint promptly discharfe any rich which hat pnority aver the Deed of Z nest: provided. that Borrower shall not I+c <br />regrrited to diseturge may stath [ten ao long as Borrower :hall egret ne writing to the payment of the abligauun secured by <br />such txw sn s rparstta ucsptabls to Lender, or shall m good faith contest such hen hy. or Defend enforcement u{ such ben in. <br />Isga! ~ro~tngs which operue to prevent the rniorrerrxnt of the hen ar forfriuue of the Property ur any part thsreot <br />S. ynassi'/nsenatwoe. Borrowee:hail keep the improvements now cxtgmg ar hercaftsr erertcd an tht Property insured <br />against too by Bra, harardsincltded within the [cent "extended .overage', and such ether haaarils as Lender may require <br />and io such entovrrte std for such periods as Lender may require; provnled, that Lender shat! not reyurrc that the amount of <br />such covet~aget :screed Iha [[mount of coverage rcquircd to pay the sums secured by the Decd of Trust. <br />The inwrance carrier providing the insurance shalt bt chosen by tiorrawtr suntect to appras•al by 1_ender: provrdeJ. <br />that approva6 shsB not be unreasonanly wtlhhtld. All premiums on tnsurancs policies shall Fx paid in the tnanttsr <br />pt+ov under parsgeap6 2 hereof or, iY not paid in such manner, by Borrower making payment, when due, directly to the <br />rtawrsasY Carrier. <br />Aq imuraaoe policies and renewals st+ercot shat! be rn term a.xptahlc to Lender and shalt mctude a standard mortgage <br />clause in favor of std in form acrtpsahls ro Lender Lender shall have the right ro hold flu polirtrs and renewals thereof. <br />sad BMtowsr shall prwttptly furnish to Lender a!1 renewal nW+ce, and art restrpts of paid premr+sms. In the event of loss. <br />BBrrOwer ihtll give prastpt rttxice la rht u:surartce earner anal l.cndrr. [.cosier may make proof u# Eames +# hat ntads praenptly <br />by Borrotrvsr. <br />Uolps Leader and Borrower otherwise egret in wnting, msutanir pn+ccrds ,h.,ii t,c .+pphcd to rrsn+retion or repair of <br />the tsfaperty d@tna~d. pfOYKltd StM:n res#arat++,n Dr rtipd+r 1, cM.+nx!mlidtly It: lUht+ ,, I+d ifit yt`a+irit} ,:# ihii f~'tJ it{ Trott i5 <br />rk)i Yhet~by rmpairsd. IC :etch restaratrun ur reaa+r i, nut rcunuasrsalt, Ea=asr #+ic +•! s# the ,c<+ir+ty tit the, lyeed of frost wotdd <br />t+t empatml+ the inuirantt ptcxeeds shall bs apptieJ t++ the soon xc_utr+J t±s the, iicrd of [nest, w,th tf+r rase,:. rf any, paiil <br />to t3arraws-r= df the P~party is aban.:trreu ny Bartu:+er.::. ,t livr++wtr fa:!, t:- .s~pt±ud te+ l~nt~r wtthtn 1D days from the <br />dais route[ js [nailed by Lender to Borrower that the rnwrancr , ether Driers to setttc a ctarm for rnsurancc htnefSts, t.eneler <br />n autitwuMt to cs~tlect std apply the insurance proreeda at Lender s nptn,n tither to rester.n;an or repair of the Property <br />ar to the awns #xcured by this Detd of Trust. <br />Uakss Letsder std Borrower otherwise agrtt in w hung, env such applicauam of pn,cccds to pnnripal mall hat extend <br />c+r tpaatre the dos date of the monthly mslallrttents referred to in paragraph, I and hereof or change the sternum of <br />such tnsWllnt6als. If under paragraph IN hereof the Property is e.ywred M Lrndtr, all right, title and mtertst of Barrower <br />m and to any insstranes potters and to and to the proceeds tturroi tesuh+ng Iron[ damage to the Property poor to the sale <br />or acyuiulion she{I pau to Lenakr to the extent at tFte :ants sccurtd by thu [ktJ of trust unnudtatcy pear ta+ such sale or <br />atyuisillOtl. <br />b. Pseeuvedww cad tbdaleeewawee o! Property: Letsulwbs: C'andomfsfums: Plawwed l'sit !>tvelopntews, Borrower <br />,hall keep the Property in guaxl repair and shall rtan corona[ wa,t: +.r l.rntui uuparrnhnt or drtrru+rarnm a+1 #tts Property <br />,end :dull comply with the provisions at any lease if tM+s f)eest of t r wt a on a #raseMdd If Ihts Used al Trent is on a unit in a <br />:andorttinium or a planned unit drvet.spntent, Borrower she#I ~rlusnr .rl! <+t t3asrower's ohhgations u!sdcr the derlaretran <br />or cavenents treating or governing the coetdomtnmm or planned unn de,rlopmcnt. the M•laws and rcguiaaans n( the <br />otedomiwium or planned unit development, and ronsuarcm dasumrnt,. It a cnndomtmum ur planned unit development <br />rtt~r is ssecutttd by Borrower and retarded together with [tits t?erd +~# I nest. the ~usuwms artd agrsenrents u( such rider <br />shall rte incorpotatad into artd shall amend and wppknwut the u.+rn.,nh an+l akrcrn+rnts us thee ih:eJ u# Trust a3 if the rider <br />wets a pert hereof. <br />9. PtteMleldgst of Lettttler'e SeCwrity. if Bora,wcr falls to l,erl+,rm dtc a+an,ants anJ agrttmtnn ronwrned in thi, <br />I~sxt of Tnpt, or if any screen at pn,rrrdmg is a+nuteenced whrch nratrnally atircu Lender's interest m the Property, <br />tr~l~it~+ [tat titter ta, €nstrtesst ds:[oath, insols'era:y. code rut++rcrnsrnt, of arrarrgrntcnss a,r prsxaxdmgs invulsrng a <br />tmnktts{!t or t~edawt, then LCtxler at t.rirdtr's option, upon notice to (k+nosvtr, may make :tech apptarunces, dtxht+rse sorb <br />scans and tales [cacti adian as is tsaessary la prerect t.tndtr's imerest, trtclttdtng, but nett lrns:tttd tit, t4tshutxnxnt of <br />ressunakt~ sitarrtey's fees and sitery upon the Pruperi)' to make rcpatn CI L-cndrr rcquircd mortgage ntsurancc a, + <br />ctnt&ition of tusking the roan sea.ured nyy this 1?ceJ tit Trust, tiorcuwcr shalt p:+y rhr pn:miums n:yuirrd to n+auuaut such <br />iMtsraisee in tAert anti[ sorb [terse as the reyuirtrnent far ,ttrh insurance terminates rte acrurdattct with Born+wtr's auJ <br />I.egdlFt's wtfetsa agteewteni ar appiicanlt taw. Fkerrower shall pay the rnxntnt of all mortgage msurarx,-e prcrnrums rn the <br />rstatswer pdsrridtut [order paragraph : hertnf, <br />Aw~ t+t~naanas disbtlrtsd by I.tndtr purwant tc, this paragraph T wrrh ~ntrtrst thrrcon. ,haft hr,:ome addrttonal <br />retkMstdtseesnaf Barrawcr secured by [tits Ilted of Trust t tutee, Ikxrowrr :+nJ 1 cndrr egret R, ether toms a# payment, such <br />artMtunls shaft Its payable upon natter tn,nr I.endtr to Bc+rma-rir reyrtbytrrsg pa}meta ttetrraf.:,nd shall hear uuerest froth the <br />Salt of dfidwiraeltten) at the tart payabtc from [trot t., time .m •*,+t,t.uahns+ pnn+.rpal under the `\me unless payntem +}I tottery <br />al such rats would ht csmtraty to appbrabie law, .n whrch event arch aau+,aru, ,halt l,r:+r ;ntcreu at the highc,t tau <br />pariteisaibk ~u~n~d~e~`r aa~ppliCatae law. Nothing :+*ntaiucd rn the paragraph ? ,h,J; rry+,+rc !cndrr re, rotor any expense ar take <br />any aCttalt [ICrWpriRr. <br />g. Itttllpeertrss, lsrdsr may make or :suer to t+c asade rras,.maMc ~otrrr, npnn and rnspecuarn of the Property, pn+v+deil <br />that l.stdar shat) give Barrc+wtt notce pr+ar to any ++i.h +nsprcew.r+ ,pc..tsmg eta,++nahic .seer tixcrcfor related ti, i s:r.ler', <br />rr+tarrxt its t~ ~stv <br />