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<br />Urtrt•otttt f.'QYENAH'1'S. Borrrsga+er aced i~zder cc-+etant acrd agrez o fciF:~s:
<br />~. ~ -trittae~d ad Ysdtirrdf. torrower shah promptiY pay when dot r'lte prirtcipai of and interest €tn the
<br />dtstfeiite&teas evtdtrteed hY tlu iiott, preetayettent oral Late ehat~ges as provided in the floats, and the princ,pal of and t~ ,"*stl
<br />on a Futuue Advances sesttr~ hY this Deed of Trust.
<br />1l~t 4!es Tie~e aai lleeorsaee. Snb}ect to applicable law or to a written waiver trp Lender. Borrower shall pay
<br />to fender.~t the day moniblq ittstaNments of principal acrd interest arc payable under the Nart. umsl the Noec is paid in fu1t.
<br />a ~~ ffyCrpn ••pu>~^} equal to one-twetfrh of iht yearly farces and assessments wfiich may attain pr,ority over this
<br />Deed of Trust, and groutsa rents on the Property, if any, plus acre-twelfth of yearly premium installmems fur hazard tnsurancc.
<br />pltq otte-tsveltth of yearly premium instatlmeni~s for mortgage ittsurattce, if any, all as reasanabty estimated initralty and from
<br />titrte to time by l.tatdsr on the basin of astesstrrertts and brHs and reasonable estimates thereof.
<br />The Funds shall be held in an imtitution the deposits or accounts of which are ensured ar guarants.ed by a Federal ar
<br />state agency (including Lender if Lender is suc#t an instihuitxt). I ender shall apply the Funds tit pay said taxes. assessments.
<br />ittsurr:ttce ptemittms and ground rents. Lender may not charge for so holding and applying the Funds. anaty~mg sans account
<br />or verifying aril compiling said assessments and bibs, unless t_snder pays Btx'ratwer interest or: the Fnn+ts and appircanlc law
<br />permits {,ender to make such a charge. Borrower and tinder may agree in writing at the trine of escnrnnn of this
<br />Deed of Trust that imerest an the Funds shall be paid to Borrower, and unless arch agreement is made ar applicable taw
<br />requires such interest to tae paid, t,ertder shall not be rcgwred Ia pay t~orrower any rmcrest ar earnings on the Funds. I.endc:r
<br />shall give to Borrower, without charge, art annual accounting of the Funds showing credos and Jehits to the Funds scot the
<br />ppuurpraae fa which eactr dsbit Eo the Funds was made. "1'ht Funds arc pledged as additional security far the sums secured
<br />by this Deed of Trtat.
<br />If fire amatnt of the Funds held ray !-ender, tngdtrer with the tuturt manrhty inctatimentc of F,mds payanic poor t+r
<br />the dire darts of taxes, assessments, insurance premiums and gmund rents, shall exceed the amount regmred to pay card rases,
<br />assesarttents, ittrturartce premiums and grtwrtd rents as they raft due, such excess shall he. at Burrowers oiutan, either
<br />~ly repaid to Borrower or credited to Borcower on monthly installments of Fonds. (f the amrnmt of the Funds
<br />y [.ender shall not 6e sufficient to pay taxes, assestents, insurance premiums and ground rents as they tali due.
<br />Borrower shall pay to Lender any atrwum necessary to make up the deRciency within 30 daps fram tht datte notice is mailed
<br />67' Lender to Barrtmer nxttxstiog paytatertt ahttreof.
<br />Upon payment in tole of alt sums secured by this Deed of "trust, Lender shall promptly refund to Borrower any Funds
<br />held by Leader. If tutder paragraph 18 hereof the Property n sold ar the Property rs otherwise acquired by (.ender. Lender
<br />tthal! apply no later thin itrunednltly prior to the sale of the Property or its acyuissuon by i.ender, any Funds held by
<br />[settler at tlxi tune of application as a credit against rite sutras secured by this Deed of Trust.
<br />3. ApBeeMsa layesmres. Unless app-tcabie law provides atherwtse, all payments received by Lender under the
<br />Nobs and paragrapphs 1 and 2 hereof shall be applied by Lender first rn payment of amounts payable to Lender by Borrower
<br />[order paragraph 2 ttareof, titan to interest payable on tits Note, then to the principal of the Note, and then to interest and
<br />on any Future Advantxs.
<br />~ [att. Borrower shall pay all taxes. assessments and other charges. fines anal impanrtions auributablc to
<br />rlee > ttti±teh tray attain a pritssitY over this Deed of Trust, and Itasehold payments or ground rents, if any,sin the
<br />ettaaaa provided uadar p: *agrapti Z hereof or, if cwt paid in such martrter, ray Borrower making payment. when due..,ar :;Y
<br />to the payee thereof. Borrower shalt prtxnptty furnish to (.ender all notices of amotmts due under this paragraph, and in tht
<br />(:treat Borrower :hail mako paynsent duectly, Borrower shall promptly furnish to tinder receipts evidcncrng such payments.
<br />Borrower rltrsEi ptcnnptiy discitar~e arty lien which has priority over tors Deed of "trust; provrdeJ. that Horn,wce shall nut Mo
<br />required to drscharge any such lien so I,yttg as l3orrnwer strait agree in writing to the payment of ;hc onligauon secured by
<br />sudt Nett in a raatttter acceptable to Len~r, or shall m good froth contest such hen by, or JcfenJ enforcement of such lien in.
<br />~e~d ~s which o to to prevent rho enfortttnent of the Iron or farfeiurrc of the Property or any part ihereo(.
<br />~~r~ +m)~ri Lpara~ce. ~trower sfiaitkeep the impravemems crow txisting or hereafter erecteJ on the Property insurod
<br />against loss by ftre, hazards included within the term "cntendeJ coverage". ant larch other hazards -rs Lender may requirt
<br />and in strait aauntnts and for such periods as Lander may require: provided. chat Lend€r .hall oat regture that the amount n(
<br />such coverage exceed that antortnt of coverage reyurred to pay the sums secured ray th,s Dced ul Trust.
<br />The irtturanee carrier providit~ the insurance shall ix chosen try Harrower subject to approval ray tenter, provrdeJ.
<br />that srreg approve! shall not be tmteasonably withheld. All premiums on insurance prdicies shall he part in tht rmtnaar
<br />grpvidpd under paragraph 2 hereof or, rf nut paid rn such manner, ray Borrower making payment, when Joe, drreCtly to tits
<br />tnetuaaae carrier.
<br />AU itisuraetce pOlicits and renewals thereof shall be rn farm acceptatle to I.enJer and shall mciutk a standard mortgage
<br />clawe in favor of sad in form acceptable to Lender. Lender shall have dre right to halt the pulia:ies and renewals thereof.
<br />aced Borrower ahail promptly furnish to Ltndcr aE! n:newai nrxic-es and art secetpts ul' paiJ premtunts. in the event of loss.
<br />Itarr~svar sit-sail gigue prxttpt rttKiet #a #h,3 i.surerzc~ carrrer gnat Lander. I.enakr maY males praxtf of loss rt oat made promptty
<br />by Boraa7xror• fired to rcuoraUOn ar re asr of
<br />Uttkss Lettdtr and Bmrrxswte atherwtse agree in ~=rrrertg, insucana:t praKCa=r1s .halt tx app p'
<br />}, ~, ~,r .~ _ = eEortarru ally tcasrhtc -rnJ the stcuuty of thrs tyt:ecl of '1 ruse rs
<br />the r° i# dam= ~vt..=d st~:h eelraratiart c. --°
<br />not t:lerS$y ttttpatr~S. If st.=ih rratrrratean or repast is n z ra~unumicall} fr asrbte ur ,l the sekuntY of this LA~J uP IYust would
<br />bE itapairsd, i~ ig3iiraniti pri;sw~iw si:aii .:r. wiled FJ rise auras -~tur~3 by rteis Itced aC ? rrrrt, wrttr the excess, is` any, natal
<br />eu BLerrnwer_ If t~ ProoertY is abartdoneJ 6y Borrower, ur if Harrower fails t:t respurd to Lender witttrn ify day: frs>:-rr the
<br />state aotsea h matieJ 6y~Letx~r to sorruwor toes tare • rst,rans -'.:. ~;ttirs ra t t .far in r n_s ~- G-*- t ~nJer
<br />is a+tttts~itttd iv catie~s-t airs aptriy t~ 'tt-aitra.~e ~~_~=ds ,.. i-att~±'sk~F~n ?< rb~r tu~rC~turauan a repair tit the prapeny_
<br />or to the sums secured h this Dad of Tnrst.
<br />Unless Lander and Borrower otherwise agree in wrung, ..ray su::h appircauun u! prat: cede to prurcrpal shall oat extent
<br />or postpone the aloe date of the ntanlh{y installtttents relerreJ to m paragraphs 1 ant ? hereof ar change the amount ur
<br />such tnstalhttents. if under paragraph It3 hereof the Property a acyuued by Leader, al! nght, tills and interc+t of &tnuwer
<br />in and to any insurance poht:res andd ro and m rite prctcceds thereof resulting fram damage to the Property poor to the sale
<br />or aegt-isition shat) prss to tenter Eo the extant al the sums secured hp this I~etJ of T'ntst imnteJiately prrur to such sale ur
<br />aaqutsition.
<br />i. MerrstaNraat and Maleietsaetsa of Pt~ptrty; feaseLuWs; C'ondoatlaiuttts; Phsnned Unit Ihveluptaeau. Hor rower
<br />shall keep the Ptapcny ur g4wJ repair ant shalt not aamnut saasic ur p crat,r mrpairnrint n, +Ictcriia:rti..,n „f the Pr.rpett7
<br />and shah comply wnh ttte pruvisians of any lease i€ thrs t?teJ of Trtut rs tin a IcaschulJ. It thin OeeJ u('trust ,s tin a unrt in a
<br />condominium ar a planucd unit development, Horrowcr shall perlurm all of Horrowcr': ohlit;auons under tnc declaration
<br />ur covenants creating nr governing the +:unduminrum or planncJ unit development, nc~: by-taws :mat tcgulatiun< e,t the
<br />t:gnndgminium or planntd unit dcvetopntcnt, and constituent ducumcnts. If a ,onJaminium or planncJ rout dc+rlopmcnt
<br />ritlar is executed by Borrower ant recarJr:J together with this tked of Trust, the covenants and agreements of such titer
<br />xh~I bt iocorporatsd into and strait amend and supplement the cavenanh and agreements of this [kid +et trust .rs tt the rrJet
<br />were a pate hermit.
<br />7. Ihvttctiten of I.euder't Secuetty. ti Barruwte fasts to pertornt tfre cu~enants ant agrecntcnt+ .unta~ncd an this
<br />fioMi of Trust• ar if any action at proeteJing is commenced which muterirlty affects LcnJer's sntcrrst in the Property,
<br />including, but not limbed to, emittcni domain, tnsolvtncy, cards en(rrcement, or arrangtmtnts or proceedings iusuls,ny, .~
<br />itasisiti~ err €rrt, #s~n y,..e.r ;:t f.~-;uu; 3 ~~p==~'-`.t. up<_r## n^4t;:_ t;-, Bctrrs?wCr, may makC sus:h ,rppCat.rnac;.:irchur,a~ such
<br />sttfro acrd take such attisut as is necessary tat prt.*ts•~{ Le!tder s int~rsst, ,naluding. but nut hrmltJ tu, dishunemcni ,,i
<br />ceas<onabk aiiorney's fits sad entry upon tttt upcriy to make rt poets It .carder rcquircJ a:tgage sr st r rn.~° .rs r
<br />txinditi4a of trtaking the loan securtd by this Died of Trust. Itvrrpwer shall pay the premiums require) to maintcnn such
<br />itssYt'ae~e in affac[ un•il arrest time a3 the requirBrtttnt ftrr such insuranre terrntnates in aecardan.c with Harrower'-, and
<br />t.~dara w>iticn agrrxntext; or a teabk law. Botrowtr shall pay the amount at atI ruartgage insurauce prcmiurns i+; tier
<br />tttaattu provided tinder paragre2 hereof.
<br />iSfiy ftnlntlets d~hutatd b}' t.tttder puttruant to this paragraph 7, wrtir itttsrest tnercen. shall h,..oatc adJttia,na!
<br />ta{ Borrtwer secuttd by this Drxd of Trust. Lsnltss &irrow'er and L-enter agrc•C tc> archer terrine at p ayrnent, each
<br />atrxaert~ sLaH ba paYttbie apart nailer fram Lcniter to Harrower requesting payment thereof, attJ shall itc;tr rntr:rest fi unr nc~
<br />date pf dlsltutrerowent at tits rata payrtWe from time !a time an outstanding principal under the tiute tmk:ss payment of interest
<br />at torch rate we;rkf ba etmttary to ttppticable law, in wh:ch event such amounts shall hear in#trust tit (fie higitast rata
<br />por'h#a wider tepptieaMa law. lgothing a:antairted in this paragraph ?shall require tinder to ,near :rat- expense of take
<br />any ttetiArt itat'atnictat.
<br />R ~, Ltndtr maY make +rr aaetsc to rat malt rcasa,nabte entries upon and rnspei n.,ns at the Pr+IK rty ,-;~•+iJz•ar
<br />that fendet trlsail giroe Borrower ttotics pr:ar to any stash irnpecHan spctiifying reusamaitle entree tficr>rlor rota c r t a~nd~r`=
<br />ItrQDraei IYt the Pt4AartY.
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