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<br />Utrttataar Caver+nx'rs. Borrower and Irnder covrnan+ and agrce as foFFows.
<br />I, of t >~ ftMereat. Brfrrovxr shalt prrmpGy pay wFx1t due *,t)e priFl[ipa! of and interest ern the
<br />iedebt+ evidutcal by zhe Nom, prcpayrnent and Eatt charges as pmvldtxf in the Nwe, and the ptisicrpa; ofsnd interest
<br />an air Future Advance stxurc8 by this iJetd of Trust
<br />Z tl~a fir Ttattaa lead iaaiaaatce- Subject to appfirattie taw or to a written waiver by 1-ender, Borrower shad pay
<br />to I.ende[ on the day monthly i+xiallircents of principal and Ineerest are paystik under the Nett. unt+l the Note is paid in full,
<br />a sum (Herein "Fords") equal to one-twelfth of the yearly taxes and assessments which may attain priority over thic
<br />Deed of Trost, and ground yenta wr the Property, if any. plus one-twelfth of }early premium inctaBmtntx for hazard insurance.
<br />pits one-lwditif of yptiy premium irtriatbrtenis for mortgage insurance. if any. all as reasonably estimated initrafty and from
<br />tiratt tts terse try Lender on the I)asis of astaxcments and bills and reasonable estimates thereof.
<br />The Fonds shall be held in an inatiluteon the deposits or acent+nts of which are ensured or guaranteed by a Federal or
<br />state agency {including f~rtdu if fender is such m inuitouon) 1 ender shat! apply the Funds to pay said Fazes, assessments.
<br />iirsonttce pzemiums and ground rents. I.etlder may not charge for so hoidmg and applying thx Funds, analynng sail account
<br />or verifying and competing said asaessrnents and bias, unless [.coder pays Borrower interest on the FunJs and appircats'_• Faw
<br />ppeeeemtntie f.endtr to make such a charge. Borrower and Lender may agrce in wnfing at the Gene of execution of `..~
<br />f)txduf Trtat tha£ interest on the Funds shalt be paid to Brower, std unless such agreement is made or appl+catrle law
<br />requires such imeret to 6e paid. t.e~r shall not be reyurred to pay Borrower any interest or earnings tin the Funds. i.cndcr
<br />shaft give to Borrower, withcwt charge, an annual aceountmg of the Fonda showing credits and dehits to the Funds and the
<br />far which tad! debit to the Funds was made. The Funds art pledged as addetional security for the sums secured
<br />this Dad of Truai.
<br />If the amount of tFx Funds held try Gender, together with the tunerc monthly inaattments of Funds payable prior to
<br />the due dates of taxis, assessments, insunttct premiums and ground tools, shall exceed the amount requaed to pay said razes.
<br />aaestrtents, innsurance ptrmiurns and ground rents as they tall due, such excess shall be, at Borrower's option, either
<br />promptly ttpaid to Borrower or credited to Borrower on monthly installments of Fiends. If the amount of the Funds
<br />held by Lender shall not Fee sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due.
<br />Borrower shaft pay to [xnder any amount necessary to make up the deficiency within 3(y days from the date notice +s mailed
<br />b! Lsader to Borrower requesting payment thereof.
<br />Uprm payment in ful! of all swrts secured by this Deed of Trust, t_endrr shall promptly refund to Borrower any Funds
<br />held by Ixndec if Finder puagraph Ig hereof the Property rs sold or the Property a otherwise acquired by Lender. Lender
<br />shalt apply, no later than itnmedutety prior to the sale of the Property or its acquisition by Lender any Funds heW by
<br />t.gider at the tune of lion as :credit against the sums secured by this Deed of Trust.
<br />3. A~litallsa o~-lCrsywenta. Unites applicable law provides otherwise, al! payments rece,ved by t.t:nder under the
<br />Note and paiagrephs 1 and 2 hereof shall bt applied by Lenefer first m payment of amounts payable to Lender by Borrower
<br />render pua~raph 2 hereof, then to interest payable on the Nose. then to thx principaF of the Note. and then to interest and
<br />prin~[p~ on any Future Advance.
<br />4. C~aslAsr, fJa~a. Borrower shall pay all taxes. asussments and other charges. fines and imposuions aurihutable to
<br />the Prapdty which may attain a priority over this Deed of Trrtst, and leasehold payments or ground rents, if any, in the
<br />taamtr provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly
<br />to the payee thermf. Borrower shall promptly furnish to Lender all notices of amounts due under this paragraph, and in the
<br />evet-t Borrower chat) masse payment directly, Borrower shalR promptly turnah to Lender receipts evidencing suet[ payments.
<br />Borrower shall promptly discharge any Iicn which has priority over this Deed of Trust; provrded, that Harrower shat) not (x
<br />ttoquired to discharge any sricit lien so long as Borrower shall agree rn writing to the payment of the obligation secured by
<br />such liar in a manner accepable to Lender, ar shall in good faith comes[ such hen by, or defend enforcement of such lien m.
<br />kpl Ma~dings wiFich operate to pttvent the en(orttment of the Fien or forfeiture of the Property ur any part thereof.
<br />$ }Ilrmri Irwrsee. Borrower shaliJteep the improvements now exrsung or hereafter erected on the Proptrty insured
<br />apitrat loos by Bye, hazards included within the term "extended coverage", and such other hazards as Lender may regmre
<br />acrd in such aawunts and for such periods as Len~r may reymre; provrded, that Lender shall nut require that the amount n!
<br />such coverage exceed that amount of covuage required to pay the sums secured by this Deed of Truer.
<br />The insurance carrier providing the insurance shall be chosen by Borrower subtect to -approval by I ender. pnw~deJ.
<br />that such approval shall not br unreasonably withheld. All premiums on insurance policies shall t+c pa+J in the manner
<br />provided tinder paragraph 2 hereof or, if not paid in such manner, by Borrower making paymene, when due, Jrreealy to the
<br />iatrYaatC ptri0f.
<br />Aft iroairance policies and renewals thereof shall he in term acceptable to 1_ender and shalt rndudc a standard mortgage
<br />clause in favor of sad in form acceptable to Lettsfer. t.€»der shall have the right to fta!c! tfu policies and rene::sfs therx =f.
<br />aed Borrowu sheet promptly furnish to Lender all mlrwal ntriices and all receipts of p,uJ premiums. !n flu eve+u of loss.
<br />Borrower shall give prompt notice to the insurance earner anJ Lender. I.enJet may melee prcxtf o! loco it not made prwnptiy
<br />by Borrower,
<br />Unless Lender std Burrower otherwise agree In wnt<»$, msuratice pr xerds shah to spotted to resturat+un ua tenser tit
<br />lets Ptupetip daruaged, provided suv:h rzsturatiu;F o: «pau . e,uuumicatly Fcasihie .^~ Fhc ce:.:rt s:t t- ,; t_cc_ :_; ~trer;€ :-
<br />not thereby impaired. If such relorauon or repair is not economically feasibic or it the security ot~thi, i)eed ni t nice wooed
<br />be impaired, [Flt igaaranee proceeds sheet tlc apprred Fu iz>C surds secured by ihes ev •f t nth ~_ y- }.~;
<br />to BOIrowir. If FIB Property FS dba{FdotFr-:1 by BCfrtSw6'r. ;Sr 3f H4rrErwi<r ta:4a e~, ~~.~ t. {- _~t;r w' Lh3 X11 ~? i ~ ____
<br />date twtiee is mailed trY Lender to Borrower that the msurancc earner utters to seine a dame for msurancc ix nrfits. F enter
<br />is authorized to collect and apply the insurance proceeds at Lender's option either to «smrapon ur repair of ihr Prutxrty
<br />or to the sums secured by this Deed of Trust.
<br />Unless [.ender and Borrowtt otherwise agree m writing, any such application of prexreds to pnncrpal ,hall nut extent
<br />or p~[pone the due date of the monthly installments referred tit i;l paragraphs ! and_ hereof or change the amoum of
<br />such installments. If under paragraph IR hereof the Prupert} r, acywred by I ender, alt right, ode and :nterc,t of Horruwer
<br />in and to aoy insurance policies and in grid to the proceeds thereof rcwlung tram damage to the Property prior w the s:de
<br />or acquisition shalt pass to Lender to the extent of the sir+~~, srcu«J by this C)crJ of trust unnleJrntel} prior to such sale or
<br />acquisition.
<br />6. )!reaervafba sad hLialenaacs of Prorerty; Leaxehotdx; C'ordamiaiums: Pleased Unit Ihvrlopmeafs. Borrower
<br />shall keep the Property m gout repair and shall nut aimnut waste r,r peons ^npau:arnt ai rlctcn.aea,~n ,~t the Property
<br />atld shall comply with the pruvisrurs of any lease if this tMed tit Trust is .rn a tcaschuld It this I)erd tit l rust is on a u»rt m a
<br />condominium or a planned unrt development, Borrower shat[ pedurin ell at Borrower', ahhgauum under the dedarinon
<br />or covenants creating or governing the a>ndomrmum yr planned aria developmnu, the ray-laws enJ regulation, tit the
<br />cottdomiaitim or planned mot dcvebpmcnt, and consntrrent dwumenu It a rinJummium ur planneJ ante devctupmeat
<br />rider is executed by Borrower and recorded together with this Deed tit 7 rust, the covenants uud agreement, i.t such rider
<br />shall be incorporated into and shall amend and supptentent the cuvcna+vs ant agreeenenls ei etas [feed .rt Tru,t as rf the rides
<br />wen a pr,rt hereof.
<br />7. 1M1~M o[ f.etWer't Security. If Borrower fats w prr(orm the -ovenants arlJ agrcemcnts contained in chi,
<br />Deed of Trutt, or if say action or proseaiing is comrnencrd which materially afirxts LenJer's ;nten~st in the Proper[}.
<br />ittctrtdiag, belt trot limited to, emtrtem daenain, insotvr:ucy ~udx eutarceunat, t r a eargc ,e Its a; p. +.c -dings rr , ::rig .r
<br />baakruptar dretidittF. then Lender at Lertdcr's option, upon uuiice to Barruwer, Wray make su..h ap~arancc.. dnhars~ such
<br />4Urttt and take such action as is necrssar} tr, protect t.ender's interest, including, but nut limited err, clnhurscureot .+t
<br />neaaonat+{e atror+wy's fees and entry upon the Property to make repairs. If I_rndcr reymrcd niertgagr insuraucc a, a
<br />txaaditivn of matting the roan secured by this Dead of Trust, Borrower shag pay the premiums required to maentain ,a4h
<br />itututioce in eBect urt^i1 such time a the requirement for such insurance terminate, in accordance with Borrower's and
<br />Lcoder't written agreement or applicable taw. Borrower shah pay the amount at al! mortgage inwrancc premiums in the
<br />ir)amatr provided under paragraph 2 hereof.
<br />A uttotttilt ditanttscd by Lender pursuant to ih;s paragraph ~, wuh interest thereon, ,hah i>LC rare eJdrtiu»aI
<br />iedtbitdntu of Borrower secured by this Deed of Trust. t;nless Burrower ant i-ender agree to other terms of pa}mrnt, ,uch
<br />amounts shat( be payable upon notice from I.etuier to Burrower requesting payment thereof, :a»d shall liter uuerest from the
<br />data at dhtwnetneat at the rate payable from tittle to time tin autstanJing principal ur,drr the Note unless payment uF interest
<br />at such rate. would be contrary is applicable law, in which Brent such amounts shall bear intr«,t at the highest rate
<br />petrnhaibk under applicable falg. NattF+rig contained in this paragraph 7 shaft rcyuire Lender to :»cur any rxpr»se ar take
<br />say atteoa lsersurr~r.
<br />1L 1at~ttiit4M. Lender may male[ ur caua>: to be made teasauai:le entries uprin a»J mspG -heir; tit the Prapert}. p-r~r;,Je.t
<br />that °.rG.:~-'s"LU-.ailrr:r: B:~rrt'@r n~.,.c }treat i., say a.tci. ;rrsF,t;,tiisr, s~i:ifying rc~.,.s.atsie .au,.. iFRrrt~.r icea.sv .:. i rnJr•r =
<br />itttL_'rl:Jl In the ProtrtstY.
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