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<br />t~i+reoratr ~rewa~s. 13orsa9tater and l.trader ccvenartt grad agree as foi€evrs:
<br />L maed Borrower shafi. przrmptiy isay whit duce rite principal a:sf and intsrtst nn [hc
<br />evidera',eiq by fits Nacre. prepapment and fats citargrs as provided in tits Natte, and than princapal of and inierext
<br />Cwisn Ftr.;,-7 id:a= sat:rtd by tits Ebtaccd of Trt+s?.
<br />~, t f~ $~ aa3 "ate. Ott ~ appiicattfe law ar w a written waiver ~, Lcn3er, Itoi-rosrer Mail pay
<br />to t.erttfer art the day matttitiy it,~talft~sttis elf principal arm interest arc payable +inrfsr tell Nom, until iha', Note is paid in fuFE.
<br />a earn (hetr:in `°Funtta"') equaE to air-lwcffth al' tM_ yearly [axes and assessments which may attain priority over this
<br />t~ of Trust, artd ground tell€a stn tier PropeRy, if anp, ph+s one-twelfth of yearly premurm installments far hazard insurance.
<br />plus fine-twdith of yearly premium irtstaftmems far rtmrtgagt ietsuranct, if any. all as reasonably esumxted initially and From
<br />titltt to time fs;r E.ttxefer eNt the Freels oC astttawr#ents and bills and reasonable estimates thereof.
<br />Tfu Fund shafi be held in art institution the deposits or accounts of which arc insured or guaranteed f+y a Federal ur
<br />state a~r~y {including t.e+tdtr if i.gtr~: is such en ittstnutionl. f.endtr steal; apply the Funds to pay said taxes, assessments.
<br />ittsuvance premiums asxl ground trots. Lender may not charge far so hoMing star! applying the Funds, aaaly~mg said accoum
<br />a verifying and canpffing said astttssments acrd bins, unless Lender pays Borrower interest nn the F:mds and apphcabk lain
<br />permits F.cetder io make such a charge. Borrower and Lender may agree: in writing at rtes umc of exec;ition of this
<br />pezd tsf Trust that inmtst on the Ftrsnfs shah tit paid to Borrower, attd unless such agreement is made or applicable law
<br />requites stteh interest fo be paid, I-ender shall [tat bt requrrcd to pay Borrower any rnterest or earnings on rtes Funds. Lrnder
<br />shah give to Sorrtswcr, teifhout charge, art annual accounting of the Funds showing credits and a}shhs to the Funds and the
<br />ltetnposc Ear which eah debit to the Funds was rrtade. Tate Funds arc pledged as additional security for the sorts sauced
<br />by [iris E~td of Trust.
<br />LE tit= amaUni of the Funds htid by Lender. together watt the future monthly irtstaltments of Funds payahk pour to
<br />the: due darts of taxes, aasesameetts, insurance premiums and ground rents, shall exceed the amount regwred to pay stud taxes.
<br />agesstrxrtis, insprartce prcmiunu anti ground rents as they tall due, such excess shall be, at Borrower's option, either
<br />promptly repaid to Borrower or credited to Borrower rtr+ me7rethty installments of Funds. if the amount of the Funds
<br />d y Lender shall trot be sufficient to pay taxes. assessments, insurance premiums attd ground rents as they fall due,
<br />Borrower shag pay to ttttdc: any amount tteeessaty to make up the deficiena:y wnhm 30 days from the date notice is mailed
<br />h'y ttt~der to )ganaetrer rt>~Stiog gaytaettt thereof.
<br />Upon payment in foil of all turttts secured by this Deed of Trust. Ltndcr shall promptly refund to Borrower any Funds
<br />herd hY Lender. tf under paragraph ig hereof the Property is sold or the, Property ,s otherwise acquired by [.eneftr. Lender
<br />shalt apply, tee later than fmrmdtately prior to rite sale of the Property or its acquisition by Lender, any Funds held by
<br />Lander at ¢rre bate of application as a credo against the sums scored 6y this Decd of Trust.
<br />7. A let Payasentfs. Unless applicable taw pnrvides otherwise, all payments received 6y Lender under the
<br />Note and paragraphs 1 and 2 hertinf shall be appplied by Lender first in payment of amounts payable to Lender by Borrower
<br />trader paragraph 2 hereof, then to interest payahk on the Note. [hen to the principal of the Note, and then to interest and
<br />pri~tpai an arty FttWre ArEvattce:.
<br />$t Cf S,taaa. Borrower shalt pay all taxes. assessments and other charges. fines anal rmposniuns attributable to
<br />.~ - ...-.:sh ~aa„ area:.v ~ rvenrity met ?his Deed o[ Treat. and leasehold paymtnts or ground rents, if any, in the
<br />~...t..-.a ....~......., ~~. -
<br />eitWtitler prrtYre~ed undai' paragraph 2 hereof or, it not paid in such manner, by Borrower making payment, when rte, derectly
<br />to thepa ytx thereof. Boreawer shafi prampriy furnish [o {.ender all onuses of amounts due under th+s paragraph, and in the
<br />avant Borrower shafi make payment direfctly, Borrower shafi prnmptfy furnish m [.enter rexeipta evidencing such paymtnts.
<br />Borrower shag ptvmpsly r#isehac~ any !len which has priority over this deed of Trtrst; provided. that Borrower shafi not he
<br />required to dschargt any such lien so long as Borrower shall agree in writing to [fie payment of the oblagauon secured by
<br />suds lien in a rmaneter txrxptabit fa L.en~r, or shall in goeXl faith comes[ such lien by, nr defend enforcement of such lien m.
<br />Itgai pprocaeedings which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
<br />3. 1! ieatraaee. Borrower shall keep the improvements now existing or hereafter erected on the Property msared
<br />against loss try Brc, hat2ards ietcluded wittein the term "extenefed coverage", anJ such other hazards as i.ender may require
<br />ate iii sth-h ar.5ounfs ar[d far strcfa periods as L~tal=r may require; pravidtd, that Lender shalt not rtyuire that the amount of
<br />sue6 coverage eftceed that amount of coverage rsyuired to pay the sums secured by this Deed of Tntst.
<br />e`er ir~uratxs a:arri<r ~ovidis~ she insuranst shafi be cheap 6y Borrower sarbtrct lu uaProv:rl by I cndrr, prov,de~.
<br />that txseFr agprova! stffiIi trot 6s unreasonably withheld. All premiums on insurance policies shall txxt paid in the rnantter
<br />ptvvidea under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the
<br />!~=*'~t t~v3llRr.
<br />ill insurance policies and retxwals [hereof shall be in form acceptable to Lender and shall include a standard mortgage
<br />darns in favor of sad in form acceptable to Lentkr. L.eneier shafi have rtes nght +o huW the policies :rod renewals thereof.
<br />and Bttrrowex shah prempily furnish to Lender ail rereswai rx,ticss and ail reeerpts ;:f pail premiums. In the t:vcnt of loss.
<br />i~a~ ~'f ~;< ~~~„t;,, „~;„,; €e .rA n3~,~,.-; .arritr «;±al t ender- 1_?na4sr gray makE oraaa;rf of loss ri nut matte promptly
<br />hY ice'.
<br />Unless l..endtr and Bartttwer utherwr~ agrr:e +n wnt+ng, insurance prxseds shall he ;;spired to restoration nr repair of
<br />lire i-rrtpeny taa~rraac~i, yiu.. ~ ~aa.: ~.~. a - ~' rip«:r rr ~cu :tit:s-ail, ~ h?t• •?nd tts~ ;~~ itF i,f ?hrs {.)se=al ofTrust is
<br />.°,~; i,"-t~-l:y e:~~tr~, if ~'= ?'' =ta~3::=`m a+r rsparr~i± pen aanatmicaliy teasitriz x rf efts se~untp ai thtti I~ ed o[ trust wuu;d
<br />" "
<br />et irtlpaitl*,d. iivt t~tirsrnt ina~ecara a : ~ agv.l:..d :J h~ ,......5 --re_ `~ tni~ Liz -t -.- '°{ !' _h~ ' ._: ,., p:;aal
<br />ur'Flert~*wer_ If the Ptno_trty is abattdoreed by 13orruwer, or if iiurrowsr falls to respond ro Lender within l , ~.tyi Dram [hc
<br />dell tliltia"C b rdailvu' Gy LCrriti;T t6 ~CK'raaitr titer ri`fE n€SSr 'i(r L~rrr~r [`aiea3 iu ~c€i _ _ .i - _, i ~r:at;<r
<br />t3 eei~~x ~ sill KCi ~N'3 'u~ ~~ :~t~":a~..`• yr::..~~ ••: r ~"~"~ CNx~ n -'?fs. ~"r ,r3;( 1 -~r [_~ r -.f Ili: ?~rr"r~rtl
<br />m to the stems secured by this Dtxd of Trust. R T ~~~
<br />Unless Leesdtr and Harrower otherwise agrtt in writing, any such appltcatum ul proaceds to pnncipal ,half not extend
<br />Or tpetne the dL: daft of the monthly installments referred to m paragraphs I and '_ hcrcut ur charge the: amount ui
<br />such instailtttents. if under paragraph iY, hertaf the Pra~zrty ,s acywra'd tsy I.endtr, a!I right, titre :rnel rntere+[ of Haxruwer
<br />in and to any insurance policies ao rn and to the praxttcfs thtrcut rnulting tram damage to the Property prior su the ,ale
<br />or aratuisiticxt shalt pass to Ltndcr to the extent of th._• sums secured by this peed of Trust immediately poor to wch sale ur
<br />aaxietaitiou.
<br />6, k'reasrrartlae sad saace of Pruptrtp; Leaasahul~; C'tuda;rettiniums; Pfanrted Uni! t5evelopmenis. Brrrrowei
<br />shafi kelp the Properly m gaxxl rsparr and shall oat contour wastr or i~r+rnt init":unuant ur deterioru,:nr of rtes Pnrpertt
<br />atni shall cantplp with the previsions of any lease if this Lked of l'rust .s un :a leaschuld If this Decd of i'rust ,s un a unit in :a
<br />cortdoruihiwu or a planned unit develapmtnt, BortY,wtr shall perform all of Borrower's ohhgahons under the detlariuun
<br />ar covenants creating or governing the cundamiaium or planned un,t de.eioptnens, tire' by-laws told [zgtilaurr.: ..f [he
<br />c'a'tdrt;'ainium or planned amt dtvctaprttteu, and constituent dexun+ents. If a conafatminium or ptwured amt dcvcla+pmcnt
<br />titer is executed by Borrower and raordtd together wath this l.tttd art trust, the covenants :rod agrern+cnts of such r,der
<br />af~lf fee ittcotporated into and shafi amend and supplsrr>zni ?ter: ca"senants anal ;rgtairrents trf th+s pcxd ut l'rast ,ts +f the realer
<br />titr£Xt a pafi hertaf.
<br />7. 1~ of f.ettiar*a $attsriiy. If Butlowsr fasts tat perform the covenants .ind agresnae:nts aonta,ned in this
<br />Demd of Treat, or if any action ar procttdsttg is commenced which n+atertally affects Lender's intetsst rn rtes Property,
<br />inthding, but not iimittd to, eminent domain, inwivency, .cafe enforce,ent, or arrange ntents ur proceedings inuarlt crag .t
<br />•~_~_.~ ~~ a__.,,a~. .~~ v~n.t~. ;=' a e...a..•. n ;~s_ r_ ,• ra,tr~e e,• L4ir*si:t~f. ^ s' m±lr su=it dnps:irans~:^s dnheusa• ,ua~l•
<br />+~ pu7~i ~.- ~xh t._n as _ tatbt?Sary ta.*~~pprraue+-t Lrn4ters enta.res[, inciudrng Ftut nut iiritfle3 t. dr,hur scale ni ~ P
<br />z~ 8tttttttay'S {rtes and entry upon rite Frepirty to r' r r~p.rir, Lcn.,ir ,ayuuc: mcr,~:,6~ ..n.::a..., :.. :.
<br />nttnditiott of t~tgia,~k.>ing tfu loan secttrtd by this t)ead of T"ruse, Harrower she!! spay the: premiums required to m:u nt,nn .n.h
<br />imtt.-aria ~ GPlltbt tta'il LSi~h titter as lilt t'~gtttft`rritRt t =' tau.:fr n44t5r~rKi SerrtrrnalCa Ir\ ;3ttat6alanCC wlrfr lsarrruw'eI . anal
<br />L,catlers tareitlctr agraaZUtant c'ff a bk law. liorrowtr~shalt pay :~ atrnttriit ut a#1 rnartgage insurartcs prrmrum~ to tha•
<br />ertatua~ prariakd tinder W ~hetrof.
<br />it~ ~ ~'` by C.€ttder pursstani to tits paragraph 7, wtah interest lhereun. ,halt heanmc _edd,uonal
<br />i ttE Bttttvwsr rcaurctl by this d a>f Tri!-;t. ',.'-ufv-~ f~a.rowtr seat f..;:il.r agree: Sa: ether tesrau a,t p€3}au::nt, etch
<br />amltlHata shalt ha payabft upon +muce front Larder to Burrower teyuesting payment thtrevf, anal shalt hcerr interest r, one ;fie
<br />tl4tp at at tits talc payabtt frtxrt tires to time en awtstanding pr:n~rnal under the Note unless nayma:nt art interest
<br />at attch tale would he contrary to agpltcabk law, in which event arch amounts shat hear ~ntcrect at the h,ytha;i[ rate
<br />oai-=der applicable law. Na[hing vwttaitttd in th}s paragraph ? shalt require Lender tc ,near any cxptnse a,r take
<br />any ac•'..~.7 Florin.- R mo~}d.~ ~`L
<br />:la l,taFrFr tt1~~ rt{akr t,r iatiSY ivy tT2 rtiasaZ ZG~.3`al"t1ae~Fl'a GRt£aZ'a llp(Jn :if:et !n `~y.l;A'ktL'rk~ art tti~ P7-J?M:f tl. t1r•_,~1L1'eJ
<br />i ~ ,. - e-__-_ - __' _..._-.ifs-r(F~ 3EdYl'rr~itnC ,1..,.._t~•, .~,.. r-..t ... , ~~.i'.i.3
<br />roar tsrttear raven grs`e tsorriwctr puttee prier to anj sris.~r inspairon ,pc,. 7 x `''- ~aa,,: .,...x ..r...... ,., ' ....
<br />i irr L~ ~r-
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