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<br /> ��' ` when dus tAe principat ot and interest on the. "
<br /> - . `�� - - - �-���t at'eN1�1�d dM�eNf.Barrower�haif R��A�Y PiY �nRieNot�andtheA�nciRa�ofandintereston �— . . `1 .°
<br /> �° '`�. . :.- ; ir�t�dnNS�rritlu�eedbl►�N�� fatscharyes�psovided _ � ^_• ;
<br /> ' � � any Ft�n AdwncM aaund 0�1� d Tnai - ,
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<br /> a ;, onMl�d�ymor�ft7in�Nn�n4ofp sndi�e�Aarspiyabt� .-.�.+<<
<br /> -- ----- - °fands°!�W+�bon�-tir�tM ottl�lazas ssu!asse�menta hrhkf►�nay sttain p�iorit�t over 16is Gud ot TrWt.and �_ �_t �._�_ _;_•s�_=�
<br /> : 4roundrN�bonlhsP�'oD�h ifanr plWOne-twNMMYa�AYP��minslsltmenLSlorhazsrdtnwranC�W�sona-fiMetMOf , •_--_
<br /> � • � , ` �` •� y��y pnmiten iraWMmnb tot n�oAn�at Inwranes,if ar►y.a11 as�e�aonaDy esfirtiatad initi�lty and from time totiafe b�e �'� .
<br /> . , ' Eendsr an 1he be�ia of we��nt:mdeiNS and nWOnab�e estim�tss thereot i .� '_
<br /> • . . TAsFundsshWb�hNOin�ninstlWqonlhtd�po�iharaccountsMwhicAaralnsucedar uarantsed.byaFederalorsttte ��� �._. � :� _-
<br /> . ' . a�n�,y(i n e l u d i��L M�H La�der is wch an iastitu4o�►�Lender atWl apply the tund��pay=aid tsxes.esaess�r�ents. t. °
<br /> . inwrinC�p�um�andRoundr'�b.Ler��y notcfwDelaraot��aPMf►�IAeFunds.analyiin�saidaccount " ��.� . ,��-�-'
<br /> � - . . p�M�fi(�f1�a11dCO1tlpililgl�id�IRMlbifldbi113 WIIe�iLNldN�iy3 i01ofOlt011UtsF1uldl�lldA� _iCabblSw i, • .
<br /> � r . . p�mibL�nd�rtomMc�wcNact�srpe.BoROwsrand�andarmaY�groejnwrittn�atthesmaotexea,donoNhisDeeOUtTNSt - . � �.'• �
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<br /> " •• � ` tl�t imu�st on th�funds shall bs pW1 t�Borrowar.and unlass wcla ayroement Is made or aooNcaibe lawrequires such .. �;.. _;
<br /> . in1etastb�tendsrshallnotberoq�fredtup�yBaroweranyintsrestorssminps ontheFu�Qs.tendarshally[veto
<br /> • �a,�r. ct�.snannualaxauna�yoitbsFundsstiown�credi1sanddebibWtheFundsand1he purposetor� -.-�' ``�;
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<br /> _ �e�chd�bittothsF�nds,wasm.ae.n�sFunasarea«i�eaesaaationalaecunrytortheaumssecuredbythis0ee�of ' F
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<br /> ttlheamonntoftAsiucbshNd6Yi.endar.to�eihe►witltfhetuturemonihtylnstaltmenbotFundsRallablepriorwthedue _ € , :.`,_..
<br /> - s� � dalss oi taxe�.�nen�,i�rranCS Pronllums and�aund ront�ahaH exceed the smaunt roqufred to pay aai0 taxesr- : '- F
<br /> _�° ,` ! , ' a�sessrt�,insurance pnmiums and round ronts as they tatl due.sucb excgss shall De.at Borcowers option.sither ; -
<br /> m�on�yrer a�radil�A�gorrower on monmly it�+isHments of FunOs.H 1he amouM of the Funds.Aeld bl►. ;
<br />. . - ` ���a�Mk�eMtppaytncc�.a�essrt�ts.(nstwancepremiumsatldpround[smssfihaYfaltdue.Bo�rowerohafl�c ` -�•_
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<br /> . pay io Lender an,.�nount�scesssrSl b�ihake uP fhe de�iciency within 30 days fi�om the date notice is ma"ded by lentler to_ _ s --''_.f;.
<br /> eamw�e► p�reNnt thrreoi. - ` � -
<br /> � � Uponp�y�nt miullofsllsumss�curodbfllhisDsedoiTrustleodershat�P�Pn!►relundto8arroweranYFundsAeidtiy,:. -, � _
<br /> ' Lentlsr.ffu�ider/ua�raphtaharaofth� issoldathePr�per!y uolhs�wiseac4uiredbyLsnder,Lendershsllappty'., , ..
<br /> ' � nolaterthanimm�dialsfypriortotf�sal��oP�Hariisacq u�isitionb7fiender.andFunMhdtdbyLenderatthetimeo�` •
<br /> ' ` .sppii�ation as s cfedit pfinst the sums aecured bll tl�is Deed oi Trust -
<br /> ; 3,AppNeWon p�Paf�.�c�eas appiicabie iawprovides otherwise.all payments�veived by Lender under the Note • r-- '
<br /> , -_... . . .--_ -, � �p�s)and2��aofatr�llbaeppliedbylenderfirstinpaymentofamountapayabtetoLenQerbyBorrowerunder . : �..,,T�
<br /> 4 � h2-Nereoi,the�ntoinUereatpayabieonti�eNote,theotaMepriacipatoflheNote.andtherttoitrteteStartdprtncipalon -
<br /> ; a�ny�uturo/►dvances. � ' , ":.�-
<br /> � `�� . ' • pf���Ll�n�:8orrowersshallpaY alllaxesasses�mentsandothercherges,frnesandimpoaiAonsattributabtetothe . _
<br /> t i�cb may aQain apriom'yover this Oeed of Truat,and teasehotd payments or ground renls.if a�y�n ttie manner � '� �
<br /> � � provided under paru�raph 2hereo�a;if not paid in such martrter,by BoaoweR.makingpaymenL when due,direc�y W the '�
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<br /> payee thereot.Bort wer aha11 orompqy fumisb ta LenAer a1E rrc+tices af�uunb due underpthia patagraph and in.ipee!f��
<br /> i Borrpwer shatl matce�ps i directfji.Borrower ahail promptly tumi w Lenaer recei ts evidencirt9�� � � - .
<br /> - � 8oaorrer ahslip�o�y di�char�s any lien which has priority►over thia qeed ot TnisX provided.thAt 8orrower not he .
<br /> �� � requiredWdi��cf�� �liensolongasBarowerohalla�reeinwriUngtothepaymentottheobllgationsecuredbysuch „ .
<br /> . . '' .' . � lien in a msnnera��p�sto 4ender.or shaU in pood taitt�contest wch fien by.o�Aefend eniorceme�t�s:�ch lien in.legal . . __
<br /> , ��, �� . ._,,�•_ . ; proceedin9s which oparals to prevart the eniorcement o!the lien or tcAe'�ture ot the Property or any part thereof, : ,':,-
<br /> '" 5, Ha�ard��c�,Bprra��r.thail keep fhe improvements now existing or hereafter erected on the Properry insared
<br /> ':�,.•:
<br /> • � �,����;`�` . a�a i n s t t a�s b y f i�e.h�a r Q s t n a'+j"1 i a�within the term"extentled caverape".and such othe�hazards as Lender may require . .
<br /> , . ' � end in such amouc►ts an0 fa suct�perivda as Lender may ce4+���:Pravlded,that Lsnder shal!not r uae�at the amount o!
<br /> " such cpvernge excmed that amounl of cov�e�equiretl b pay the aums secured hy this Oeed of�rusi _`
<br /> � ThisinsuranCeqalerprovidin9theinauranceshallbBCF�osenbyBoaoweraubjecttoapprOValb Lerder,provided.that
<br /> uncdP�..reparagreaph 2 hereoef oi i1�no paid�in such man�ner by�Borrowe making paymen�whten due.d ect y to the i surance ".�r��
<br /> p��: • �
<br /> ` . ` � a�?�nsuranca policies and renevrals thereoi shatl be in form acceptabte to Lertdar and shall include a standar0 mortgage '
<br /> � clauaeinfavorofa,�dintonnaCCeptabletoLertder.Lenaersha0havetherighitohotdthepoltciesandrenewalsthereof,aod ;
<br /> � Borrowershall�.�tlyfurniahtoLenderaltrenewalnoticasandalirecoiptsblpaidpremiums.inMeeventoltoss.Bonower , ,;:
<br /> � • shalipivepromp.t'�aL��xetofheinsurencecaaierandLender.LendermaymakeDroatoltossNnotmadepromptlyby8orrawe�. �>�;
<br /> . ; • ; UntessLend�r�?OBotrowerotherwiaeapreeinwritlng,insurartce p►oceedsshallbeappliedtorestorationorrepairotthe .
<br /> Propetty demag�,�rovldad sueh restotaUon or repafr is ecartomiqlty feasibie and the securlty of this OeeO o1 Truse is not
<br /> � ( thereby impaired.li such res2o:rai'san or ropair is not econamfcalty feasibte or ii Me securiry o1 fhis Oeed oi Trust woutd be
<br /> I im�saire0,the inaurance procee�s shatt be apptlad to the sums secured bY thia Oeed ot Tru�b with the excess,if any,paid to
<br /> ���`� � � � � Borrawer.lf the ProperH is ebanQOned by Borrower,Or it 8orrower tails to respond to Lender within 30 days irom the date ,
<br /> �� � , notice is maited aj Lender to Borrower that the insur�nce carrter oHers to settte a claim for inau�ance benetits,Lender is
<br /> ';' ��`��.-(� . t authorized to collect and apply the lnaurance proceeds at Leader's optlon e'!her to restvration or repair of the PropeRy or to
<br /> ' ''-_ '• , 1 the sums aecuted by this Deed ot TrosL
<br /> ;�.,'�� • � Unles.slenderan09orrowerotherwiseagrteinwdting.8nysuchar��:..:�:ronolproceedstoptinci�:shalinotextendar
<br /> poa�one the due Qats of the monthfy lnafailmeMs reterred to+^Oar�E�s`�s t and 2 hereof or chang�?�4��e amount ot secch
<br /> ' ' instaltments.N under pera�rapl�18 hereotthe Properry is acq��°C by CeriQer.ell righL tllte and interest c��qrrower ir�aM"o ..
<br /> � anyinaun�ncepoliciesandinandtotheproceedathereofrea�"c��;!rorndama etotheP�opertypriartothesateorac�Xr����n
<br /> ' shall pass to Lertder to the extent ot the sums secured by e�:�s��adJ Ct Trust�mmediately p�ior to such sare or acqu�sffian. , , .
<br /> �,:' • s Pn�a�a�d�1����prop«ty;L�aNhoids;�turth;Ptann�dUnH BonowershaH , .
<br /> • keepthe Properry�n good repair and ahall not�ommit wasis�r permit imRairment o}deterioration o the Property and shall
<br /> � compty withtheprovlsionsofanytea�eifthis0eedofTrustiso�aleasehofd.IlthisOeedoiTrustisonaunitinacondominium
<br /> or a planned uni!devetopmerst Borrower shall pertorm a��67 Borrower's obligations under the deciaration or esvenants
<br /> + creatin�or gOveming the co�rl�minium or ptanned unit Oe�2�dpment,the by-laws and regulations af the condominium or
<br /> ptanned unit dbvetOpmen�an4�nsUtuent documents.It a condominium or pta�ned unit development rider is excuted by ,
<br /> ' Boirower and recorQed toqel�er with thls Oeed of T�ust,the covenents and a reements ot such rtder shatl be incorporated � ,
<br /> into and aha11 arnen�and.ar�plemeM the covenant�and agreementa of thls�eed ot Trust as i1 the Nde.�rsre a part hereof.
<br /> ;a �, rroM�NeeolLae��r'i S�ewNy.H Bona�rer tails to peAorm the covenants an0 agreements contaz�ed�rt this Oeed of
<br /> Trust,or it any action o�p r�eeeding i�commenced wilh materiaity aftects Lendei s interest in the PropeRj ino+���ng but not
<br /> - tbttitedto,tminentdomain.lnsotv8ncy.cOdeentarcemenLorarrangementso�proceed�ngsinvotvingaban�Crupro;Qecedent.
<br /> • • ; then Lender at Lender's oplion,upon notice to Bortower,may makesuch eppearances,disburse auch sums ar.b:�Re Such
<br /> , . , actionaaianecessarytop►otecllender'sinterest,including,butnolllmitadto,dlsbursementofreasona6leattorrteys"eesand
<br /> enfiluponthePropertytomakerepairs.HLenderrequiredrKOrtgageinsuranceesaconditlonolmakingtheloanset��Mby
<br /> thb Oaed of Trust Bo�rower shatl pay the�remiums required lo maintain such insurance in e}tect unt�!such time as the
<br /> requireme�lforsuchinauranceterminatesinaccordancewithBorrower'sand�ender'sw�ittenagree�r:er�torapplicatbefaw.
<br /> 8orrowe�shall pay the amount of all moR�aage insutence permiums in the manner provided under psragrapb Z hereoL .
<br /> � My a�mounts disbursed by LenQe� purauant to this parag�aph 7, with interest thereon, ahal►become addioonal
<br /> s inaehteanessolBorrowersacuredbythis�eedolTrusl.UnibssBorrowerendlenderagreetootherter�*sotpaymenLsuch
<br /> amounb shatl be payabte upon notice trom Lender tv8orrower requesting payment hereof,and shall6ear interest trom the
<br /> ' t Qstaotdisbursemer�tattheratepayabietromtimetotlmeonautstandingprinc�patunderiheNoteuntesspaymentotinterest
<br /> at auch rate would 6e conUary to apptica6le law.in which event such amounts shall bear interest at ihe highest rate
<br /> � • � permissibleunderapplicebfelew.NothingcontairtedinthiSparagraph7shaflrequireLendertoincuranye�penseortakeany
<br /> ` '� . 9CdOfl hereulldQl.
<br /> •,in�p�eYon.Lender may makeor cause to be madereasonabla entries upon artd inspections ot the Pro rry pravided
<br /> • ` thatLendErshattgiveBorrawetnotiCeprlotto2�nysucbinspectionSpecityingreasonablecauSetheretoreretaRedfolendeis
<br /> . .�, � inte�est in the PropeRy. . ,
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