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<br /> ��� � CC�33RYL f3 3IIl�ft$ J03 P Sti'A�fSRS �� ����a,� 200385 061�2/29�G =-
<br /> k �° UtviFORM C�v�t�Mt'PS. Borrou�r au�Lx�es rnvc��rE and agee ss€ollaevs: �
<br /> . 1. �aymsec�! of ptiur��a4 aud Iate�t. Bos�awzr �all PT��Pth► (x=y wlcen du: t4e prencipa! xn� �aterest =
<br />==��`= Ia?�Sbd�siness evideuc:ed by tlse iVate�t!lat�char�es a9 providnd in t�ie Noie. F-
<br /> .,`''�':�;� E.Fta�ds far Taxt�etnd I�ancr. Sutiject tn agplicabt°law��r a writien aaiver by lxn��. �orroavecsi�aU pay to -
<br />=.:`�: Le�der mn the day�onthtY PaY�ts af prinsip�!and in4erest arr payable ucffise the Nute. ttatii th21�ate:s pal�in fitii.a
<br />=,.�A,,��� _
<br /> �tna Ne�ein 'Ftmds°)equ�l tn ata�-tw:ifth af t�e yearly texes and as�ssnrPnts(inslu�li�cottdnmiaium uu�pta.mn�d unit :
<br /> devetopment u�ents. if en�p)wt�ch may at�in ptiosity over this Deed of Tnus.and gmund reats on t�4 Pre�pe4Yy.if -
<br /> c� . auy.pin�one-iuielR2�af y�arty pn�ium insfatIm�eanrs far t�ard it�ar�e.plus one-tweifth of yearty premium im�n►,�nr�
<br /> � }` for mnrtgage ias�uamse. if u►y.all as reasonaldy estin�te� inidaUy and fmm dwe to riYne by Ixnd�r oa the basis of
<br /> "�� a��tt bilis and v�sanzhle esiim�tes¢ks�eof. Bcsrroa�shFill nnt is�obligated tn ar�lse sacE�pay�ents af Funds -
<br /> ,�.�. ro lx�r to the�xt�u that Bnrrow�r�dces such payments tn[lie hatder of a prinr martgag�or deed of tnf..�t if s¢sb holder _
<br /> iS an i�sdu�timral le�der. e
<br /> If Barm���pays Femds co Lend�r, the Funds s�.^JU be heid in aa in.nituuan[he de�asiis or zsaiunts of which ar�
<br /> . � �
<br /> -.`' ' iIISUred nr guur�tntead by a Fe�eml or stai@ a�e�ey(isicdudin�l.en�er if I�u$rr is st�en instifution).Lendtr�all agplY
<br />�:�:i, the Fcmds tm pAy said taxes.assesstuents.ias+uunce pyewiu�s�ctd�ruund r�uts. Lentl�r n�y ant cbnrge foz sflhfliding aud
<br />?;l�ti. -
<br />_"t.-<:.�' �lYiag th� Fuuds. anel;t�ing s►id a,soaunt or verifyiag an�compil�ng said ass�smEUts and biUs. unle�Le��r ps�ys _
<br />.,;" � H�rmwer[uiemst on the Funds arW a�li��ble law peruiits Leadra w mz�e such a cht►rae. Bmrou�and[�der m�y nSree _
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<br />��i;.<:� ia wrlting at tlte tim�of execudan af dtia Dx�d of iTtuss dmt inte�s't on tfte Funds sttull b�e pzid to 6orrmu�er,and unless
<br />.','�°F'� s�u8 ap�eme�tt�s tnade ar appiicabl�law requites such interest to be paid. I.e�er sI�U aut Is�tequited On pay 8orr¢tiwt "
<br /> ,_w.�; �tc
<br />�°=-- any ini�.�earnitt�s on the Fwds. Leader s�.ali i�ve ro Harroc��r.vrithout ct�e.an a�ma�1 at�s�unting of the Funds �
<br /> `- stwwing t�and dehits to the Fwsds and cUe pu�.�e ff�tr w9�i�i�pch defit to tbe�tuu�s wss tWad� 7Le �t�ax� `
<br /> �. {�4�dgezt'as�da�.4 secarety far the svms so�ured ty tflis Deed of Tmst. ;
<br /> if the��nnt of tbe Fausis 6etd by Lensler.rog�er witL tue future mnnt6ly ia�llmeals�f Fuad�.�e',�oYe priar ese -,
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<br />--==- the das d�.�of taaes.as.�nts. in�ua�pntuiums wd grannd rents. shall exceed t6e amaun3 req�ed um RaY� -
<br />_;��,'r<� ttices. �se�.�.._..^� ins�uance pfemitcros aad gmtmd tents as they fall due. such excess sP�J2 I�e. at Burenx�er's ap�nt -
<br /> �t3�;. eitber prumptiY repaid to�orto�ver or ctedited to Bonower on momhiy ins�,illas�ats of Funtl�. if the an�ouat of the Fa�
<br /> �:. •,:`,, 6e2d by l�nder s6a91�t �re saffecieat ta pay taAes,a�.i��cranoe preaiiums agcl ginu�rer�s as diey fall due.
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<br /> .:r': Bmrcoa�e sball pay to Ixnder any amaunt neee�sazp tn maicE ap�he deficieacy In one or more psyme�as Lender may
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<br /> • ICQUII�.
<br /> Uppa�tay�meat in faU of aU sunus�by this D�ed of Tt+�.Lendgt�sall pmmpilY nefuai!m Bormw�any Fimds
<br /> heid by Lsxst�r.If�er pa�apl�it7,'U�eof the Pcoperty is sold or the Pca�etty is ot�wise�xrxl b1►I�ender.Le�r
<br /> '•��� sI�U�.tt�9;��o�aser� immediate3y priar to tLe siie af t6e Pm�ray or its acqvistion by Lender any.�unc4s iteit��y --
<br /> ',:�';;.�;� l.eador•a��ii!:time of applisatton�s a c�edit ag�ia�t the s�sec�ued by this i3�eti af Tr¢si.
<br /> f`' 3. 1k��'��tta��Pn�s. Unles scpplicab2t izw pmviJes aidervrise.all payaieat��eceiv�by Lender�der etsz
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<br />:<c'f;�iT� Note anid�Phs I and 2 h,erenf s3�ali�be applied by Leodez$tr�in pryu�eot af amaouis�d�1e tn Leu�I�r by Bureu�pr
<br />:�f;;u;^. imdez para���2 taemof then to ird�a�s4��ty�ble on the Nate.�r�en to the priasipal of ttt�i�Iote.
<br /> ";'`::.„ 4. �ttar Mag3�e� sntl Dee�of�'� C� �ma Botron�.°r shaU��nrm a31 ui 8o,►awcw's cn�ttgiiians �.
<br /> � :,r+_. un�der anY�8o8e.deecD of truss�r atitet secuiitSt agreem�nt witlt•a lien wbic�has prIority wrr thLs Dee+f of 7Yust. _
<br /> i�Iading Baraawrr's cavenwts to�mike:Pa3►mentx oyhca dne.Bva:aucY s�ih+auil�Say ar can�oa tse paid all tzxes.es�sar�ts '
<br /> a�d ot6era,i;�rge�. fuus and i�pas�ana aYtr�usoble co the pm�rz..�°7y vfiI�ds may at�uin a priarlty over tbis Dee�af T�e.
<br /> ':�'r � a�t�r�payments or gm�ad renm.if any. -
<br /> ��•`� S. �rd I�a�x. Eoraower stiali�e�p 3it�.int�mveasents aow exisdng or 6eiesfter em�e�csa�t6e Pmperty
<br /> '<;�;s insvrc�l agai�ct�a.s by�acrs�Gs�sds 3ncloded vYiBils�.the term`exteoded cuve�age'.and sa�atbet 6s►rdx�l.ag Lec�er may
<br /> �;C�,>�,� rea�uir�a,�in such aamunss and fur sach petiods u L�ndtr m�y ieqnire. -
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<br /> -�-:�s;% 'iTh�3'tt�-�uanoe curier pmvidiug��tta itu�tue shaU be c6urc��i�y Bormv�r sabject ur�.�+�xval by Lci�ckr. pmui�ed.
<br />:r�ki±��.�_ tUzt s�r«�io s�mu�l s�it mt be ant�so�Iy wiTh6eid.All i*�'��ici�an►I ��+.3�asf shall be in a�'� •
<br /> °.� aocept�b9�2a lender and s�U i�I�de a staaQarQ ajartgs�e cl�ue in fav�af csa�d in�facm accepta6le m�eadez. Lentter _
<br /> :,.,, .� si�4f�ave 4he rigtnt w l�nld t�e palicies and¢cne�Ls tl9ereof.sWsjecc w�r�of anp mnrtg�ge.doa�a¢tm�or otber
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<br />,:a,:;.::. seattit�t�gr�ment witD�a liem whicla i�priority w,et this Deot"of Ttust.
<br /> =°t�`:�'''•� la 11u:�r..vent of lass. Borrawer s3ui1 give pmmpt aodce m the ins�uaace curier and E�ender.LenQer�y m�tce praof
<br /> •`"'.� �or�rer. �
<br /> .��tti,.;:::,:•. aglos���'m�(�ut�e Pmtt�ilY b3►
<br /> . '� �f , ft'ltt�Praperty is abandaned by BotmwEr.ar if Bor�wer faiis to re�ond ta Lender within 30 dsys from the date
<br /> ', , , �j�is.arsiTed by Lender tv Bnrrovver tiW tbe in�+ar�uooe cat�ser offets to settte a claim for iasataaoe hea,�flts.lx�der i�
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<br /> • .�,:,;. �tIlotst�to wlla�t usd�pp1y the an�TM�,�P pmceeds�i Lcade+r's apdon eitbeY'to reswrauan or repair nf elie Pcaps.rty or
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<br />:�4�'�r,_,._'�_ui tD 1�1'U1115}•'�NiCd I3jr lllt9 DC�O�TtU5f.
<br /> `s����;"l, �. �''(�jpp��lSi11�! Of �yi LQA[�[�Si �i�9i ��i12d V� �L.�I�'O'j�i£Sl�[4`t -
<br /> Borrowee sb�ll tce�p the Pcopetty in good repair and slr�ll twt r�.�it vnstc�r peru�is im�imrent ar do¢eriamaion r�f't�. ..
<br /> ''': pcuperty and sT�]1 eomgfy wiih the pravis3aac o�any t�se if t�is Deed of Tn�t is on a teasehot�.If�ls f7�d of 9'�.is
<br /> ` +'�'' an A unTt in a cualomLdam or a plmmood unit development.Q y.��r shail perfoim ml!of BoROiH:r's ablig�9or�nnJe�.a'te
<br /> ;`"�t�. , , declmai3att:rsr wvenmis cn4Nu8 ar gnyeming tice candaminiur.x nr plaanEd uait deveimittrt�,L�the by�w3 and le�uisaica�
<br /> �� of th�r.�mtrsminium or pinnns�d un�t��avtiopment.and oansdtu�m.�#nc,vmeats.
<br /> .,- '4 . �. W.atation oP 4.�de�r•g�e�w'ity. If 6o�«eY fail�m petfatm the cmemnts s�1 agre�rnts conanu�d in tltis
<br /> •` • �eod of Trust,or if any��tion or pmce�in�is on�ed Whlc�mzteriallynffecs�ixodcr'c inte�x in t�Pmp�aty.tben
<br />':..:<;:,; Lender. u Ixoder•s optinn� upon notice cu Bmnmitr. maY � � aFA�► di�u�re suahh sums, �net�Wiqg
<br /> � '. ce�sonabk attoroeys'fees.and ta4e sucb action as is atressx�t to pmtoct Lender's inteiesG If Leoder require�moitgaae
<br /> i�r.e a9 a caudidon of m�dcing t�e laan secuteQi i�y thls Q�of Ttust. Botmtives sha�l p�y the p�emiumc re�ticod ta
<br /> ' cfmis�C,�in sucb incurance �n effect until sucfi dme as tt�e ces�aitemem far s�eh insarnace te�mimtes ia �connclince with
<br /> ammwer's a�l Lender's wdtten agresment or a��!lrable I�w.
<br /> �; Aay amaun�s dis�str„�d by lxvder pur.,,�ro ah�s pasugrupb�.witD'a:�terect thereon.at d►e No2e rate,shalf bean�
<br /> �3i$imal indebteQnes�of Baauv�titr secaced iry tAis DeM af Trust. Unt�s Bo�wer u3d i.eader agrce tm oth�r temis uf
<br /> PsfrmFS. sucb amuu�.s sUall be p�aycble upon n�ttce tcuLU Ixcctter to Bo�rouer req•.ic.�^�ar�^,p�y�ent t�sreof. Nashirr� _
<br /> ccv�raim:d in this�g,ra�h 7 st�aU n;�uiie Len�er t�in�r en}r exp.�or m'te auy 2stion�ete��e1. -
<br /> 8. i�eet�. Leader msy rnake ur ca�to tts mz�. reywnzblv e•r,ta�ies upon ancl ins�ect��nf ine Paapei¢y.
<br /> p:�vi�sA tblt Lender shall give Bam�wrr nalioe ptior m any s.scfi impecaon specifying rea�nnable c�use thPretox reizted tn
<br /> i�t�t's inte�est in the Prapeny.
<br /> NEerasea z�sT�rz sr�s �4g�na1(I3eaorH�l9) Copy IBraaehl Capy(CustoaQr) �a�2 ors =
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