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._ . . - J - , . - ` ,t�•..; �<: ` . . , . ; ._ . ,.�t. '5s : . y �+.-,�� ..,t�-�r•� - ---•--`-� ' � L.- . . .-}, -.•-. . ..� • . .�. . , ��..�.: r..< DOIIt�LEaS M C�kbVA�T C3aRRZ8 J t�JLE+VAH 100297 07/il/1996 -- : : : ��_;�.�. = l{�8�[+�1 COVENAN't�. Bns�u�er�d Ixu�r�vea�tt uttd a�e as faltows: -:� =- 2, � L? �'"� °',�'� �•.�• ��;xrr�r ,�alt Pr�s�IY �Y !�'"� ei»e thg qsrinr�pal � ictea�st � {��,�_w i�bteal�evidenmd by tIie Note and laSe chargss 9s provid�l in the Naite. _ Z. F1sa�a for 3'ues aa�Insv�+aace. Subj�t to a�i�Cahie law or a wrttt��vratver t+y Leu.der. �nrcrn�'e2 r�1t�+�y t� �• < L.e�e�on the��y�unthlY FaYms�s of�rir�ipa!snd irtter�sa�ue payabYe uIIder th:Note.untit the Nat�!s patd In full.a `.'��, svm(lferein •Fun�s')e�v�l to ons-t�vzlt�of t�yearly tzxes ar.i!�ments(ir�ctudinII soudnminiam und plan�s9 unit �. �� develo�n�ent a�ats.if ang)wC�ic6 may attain priority asr�t�is 12x�o€TruSt.aad�uund c�uts au�he Pmpesr►y.if �';-�4; ' any.plrss one-tweiff�b of yeuly Psemium instailnaesus for I�arrril in5wan�r.Pius ave-n�re��f yeuig preraiu�instapa�nss � ,�._, , fir mant�age i�uranee. if atry. all as �asou2hly estimaYed iait�lly aad iram du�r co dme by L�d� on�3Ye t�asts of .�,�_� :--t_:_ a�scm�nts a�bills a�1 rea�on3t►ae estiafatgs thereaf. Borcower sUafl nat bt n8ligated ro araEce�scb{tayn�en�s af Funds � -- —� to Le�r co tbe exte�t that�otrow�r tmkes such payments to the Go!der i�f a prior�ortgage ar dc�d of trw�t i�sr.ci�ha�Ctrt • .,Y is an i�itutianal Ieader. �'�:' . If Satrovvee pays Fuads m Le�xler. tl�e Fuals shuil be held in an�niturion d�e cleposits or�oawats mf whicb pre x iau.*re�ar�cazanteafl by a Fede�at ar srase aB�Y finttudin� Lender if lendez is svsh an instiUUi�n�I.ender shs11 a�p1Y =-__ tiie Funds to pay�aid�.�s��*+�K i�urance P�niun�and gcour�renss. l�nder u�ay nnt sharge f�nr so holdiug a� — aPP1Y�B the Funds. attal}►�ing said 2ccaunt or verdfyiug and rnmpi!'ia�g said a�ats actd 6ites. untess Leaaer pays �,�- _ Baauwer interest on dt�F�w�s an�app�icalrle taw perouts lc�der to eu�e suc4 a ch�rgr.6ar¢awer zad Leud�may a�ee •,,: ---- in wri3ing at the tiette a�eseeuuon of this Da�d of Tttcss d�t auteeesa aa tke Funds shal!be paid to Borrower.a�1 usle� ___-_ � such n�eemera is ms�e or applIsa991e tavi cequires sucD intee�st oo(�e�id.Leu�er sltall not he ceeg�imd eo pay Bor��rer F Y_�,+_. . any i�or a�ing,s an ti�e F�s.i�der s�al1 give to�eirtuc��er.without charge.an a�al accauFtii�g of t�e�uslds �;z,.. shawcu�ccedits a�d debits to t�e Fuads and the�pn�fisar evttirh eacb delrit N t$e IFnads was made.'Ftrg Fuads ue _.- pledged as addido�l�vrity for t�e sums secared hy this�Qf Trust. �-�. I�the amaimt of t�e Fimds tret�by lender.t�g�her ariih t�e fauue montbly�naartmenr�of Fuuds paYa6le Pn�r ro �r , �� the d�daLf�s of taaes.��°�"tsG_ pncmiums a�d gcound�ents.shdil r�se�ri�e amaaut reqaired to pry said ''�, .\'.. ______ _f1KR1TJMP �d ffith @zC�SS'�7?�bC. at BQI[01NCI'8 O�tI011. �'s�� CdECB. SL�nL4. �S�I2EL'C aiC=91111IDS 31ll�$t8lflid IEaLR aS (�lE}I fit� �C. �i'• �rmn,,: ' dti�e�psom�tlY repaid to Bar�ot��r credited oo Sarmwer on ma�tLly iusnDme�aff CwtIId3a. tf t3�e amoa�of the Funds — '-_ ; 6eld try Le�er shall aot be snf�ect to pay paes.as�ents.iusmance pr�emiam�a,a��2c! rsms as they fall due. ="==_ Bomuv�t sball pay tu Lende:auy anbunt Q�rY m ns�e uP the deCu�3cy in a�e��r m�c:Qac�¢s as Leu�z maY �;i';.`` . � � .. �• Upun payme�t in fnll af a!!�n:s se�u��Ltg�is D�d of Tiast.Le�r�sap pc��dy�to�oaower atry Fuud� heL�i�I.coder.if�der paragcq�E d7�eroef t�PaaFe�aY its�td or the Prog�xty is o�5e�bY L�da*T��der �` ' st�zlC a�ply. co later ti�a i�iy�inr t�the sa:e e[+�PmPert�►ur Its acqaiwuazs�:�sq Lend�r.an7►Fn�1�k]blr �=; LEaaer at tbe dme of appI�ptioa as a ccedit a�uqt t'3e s�s�ed B8 tft�I1'1'�d of'�cti�� ` � ■�- 3.App�ot Paym�b. Unl�s a�i�►31e tasa pr�vid�s o�.aU pay^"._.e�us receiv��:i�i�ender uffiez the —_ ,.� . Nata an�pamgrag�s t aad 2 L•ara^.:a sh�il de��9sy 1�6�st in�ymeat af a�tr,�r,�I�aYable m t.ender by Borrawer �`::_ ��: :� • under imr�ph 21�ere�.tLea C��;�terest¢ayable on t�e t�i�:x�d tben m thc Pri�ai�t�`�he Nc,te- —_-- ", . 4.�M�t+i�t�agd Dee�a�Tea�:�r�s+l�f;�v.But�var s�aaIl�:fssxt�a all of Botzoaer's obiigutinms =; uater �ny mot�guga.desd of uust oz ati�er se�witY a�seme� w3th��ir:�whirh b�s�rlaritq aver tbis Deed mf T[ast. �,�, � iacludin$B��sow�r's c�veRanLS ta m�t�$Qaymems wmen dae. Bormwer��Y or c�to be paid a1!taxes.a�ment� �. ana ati�r s�arBe.s.6nQS and impasiHans atuibar�ble to the FmpenY whicb mn►atEain a Pnori�S►aver thtv DeEd of 7frust. � . wA�f�o1d payate�ar�ad tmtc.if ury. - ��N I��r�aa� Bnre�wer slnli t�oep t�ae i�pravemue�ts oaw esjstin8 or he�erectal ou Wc��I��t}r �: insuted agaiust iass by t'ue.t�r�Ts i�hided within d�e teim°�xtcnt�oaver.�ge'.an�l asch other i�as L�i�tr's.ti7Y �.,-- reqmrt�ad ia sach aurmunts and far surA peria�as�.endEr m�y�eqaire. � - � � 'I�e im�uaace c�reier pzuvid�n6 the�nnoe stnll be cl�osea by Bormwet snbject W appmval by l.e�der:QrmvideQ , �. �n � .,� rr,�I.,x�D agpto+ral st�il mt R�cm�conably witt�Ldd. All tasucance poLt�es at�d�c�w�1s thereof stnU be in�a fotm � acai,�Fita'ofc w txu�e�ar,fl s9�ail iuz�ude s s�ard martgagr cfause iu favar of a�d in�`fstt�acceptable co Lezyder. Lender �m-_ . sh�1t�ave tt�e right m bold the policies and renewals therea�wD�ct tn tLe terms of aay martgage.deed of trast or aber �.--- ' ` socurity.�greemeat with a lien which hss priarity aver tt�is Deed of 7Yust. 8 � fn Q�e event og io�s.�arraw�r shzll give Pmmpt r�atice to tbe imvr�nce prrter an0 Le�r. Drendep n�ay maice g�oof . af lasg if not m�de pmznFUY hU�orro��rer. �