..�:�. �.,�_ _ : :
<br /> _.T: �.. ..
<br /> ` - ��1 � __ _:
<br /> ,:.�� - :._—.._�.:_ - -- -- -
<br /> . . .,. .��..�..,:, -=T_ _
<br /> � - --- ---r- -.. :�..���:--��.. _.
<br /> - 86- in���� =_
<br /> � Carr�:�er�hal�ra�+
<br /> 2. Fundsbr T�zw��d 1���SubJsw~t ln n�r�tlu�+bi�luw or a�o��a�he N 1�,�µntil th�Nota l�pald ia �
<br /> to Lo�der cu�th�day mortithiy PdYrnenW of princtFal und intar�aw{fay ___.-•
<br /> full,a�um(h���in"Fund�"}equanwnt9,ll�f an)which may attuin prkx�Ity n��thU�i s0�d o hi�'ns d p�ound r �ta an �=°°
<br /> ptan�wd untt ctawtopment asso�x Y
<br /> thePro�ar:y�lta��y�plusona•twelRhoty�rty�►��niuminstallmenteestimatediniftieityandfr�r►�ifrr�asotimobyl.�+�'wv =_
<br /> ����I�naMs tor mo�ap�in�urerx�,N sny,all as ra�eotx+t�lY _--
<br /> o�tha basiz Fu�,nder to hn ax�te t tF�heAt�Burrower�8 8us.h�paYme�a 1he IK}4d��ot s p►���h s
<br /> PeYmsntg of �
<br /> cWed of trust if such ho{cfsr ia an tnatitutionuf lundu�.
<br /> �f gcrrower pays Fu�da to La�tdor,thp Funda shall be held In nn Instltutbn tt►e de{►osfto ar atx:ounts of which Wre v-
<br /> insured or guarsu�t�ed by a Federel ar ttatw agonay pnc�udin9 Le�der iT Lendar i�such an inotitution).Lende�s1tia11
<br /> apply 4he Funds to pay sald taxoR�a�se�smQnto,inaurance premiurns end 9�o�nd��•I.���Y��u e�
<br /> so holc�np and APP�Y��'�9 tFee Funda.snAlyzln9 said accouM a ve�itying ar►d oomp�1tr►Q
<br /> ��nde�pay9 gorrawe�lnteresl on 1hq Fundt�and a{�pilcatsie law(�rmlt�l.ender to mxka suah a ahWpv Bo�rowe�and —
<br /> L�nd�mAy aproe in vrritin�at tho timo ot exacutio�of this Deed of 1Fus�that inte�ast an tho Funda sha��be Pald=o
<br /> Borrower.and un►ess such ag�aempnt la mado or aAp�icable taw requires such tnterest ta be paid,l.ende�sha�l not
<br /> tse required to pay Ba'rowar any intareal or earn(nga on the Funds.Lendor shai!q(va to E3arrawer,without charge,an
<br /> sa tor whiCh each debit to the
<br /> annutxl acCOUnting af the FundQ shawf�g c��ltae�ant�b1�u ty��a������thl4 Desd of�.
<br /> 'Funds wa�rtwde.Tha FundH are platigdd �er witfifi tFw futtue moMhlY installmenta of Funds PaY�bie P+�r
<br /> N the sma+n3 a�ihe Futtdu hok!by Le�de��to�e� �������th����u�to
<br /> to tlw due da�tss�texes,aasnasma�ts.inau�ence P�u��as�theY tau due,sudt eoux+ae shall be,at BaTOw�er'o
<br /> PaY ssrid ta�oas,aasessmensa►1�urance Premiums and�round
<br /> option�eithor promPtlY�pAid ta Sorrower or credited to BormMwr on monthty instalimenl�M Fu�ds.it tho amount of
<br /> the Funds he�d by Ls�det sh�il nd1 be sufliclent to pay tax�es,aaaessmeMa.t►�►rance Premiums a�nd flround ronts as
<br /> t1�ey tall due�Borrower shAll pAy.ta t.ende�any amauni necessary to make�P the deticiancY in ane or rtwre psynw�ta
<br /> as Lender mstY re4uire. rptund to Botrower anY Funds
<br /> UP�l�Y�1 in fuU of all sums secured by thla Deed d'Crust.Lende►st►ap pro+Y►P�fY
<br /> heid lsf►Le��der.H under Pa�ng�apfi 17 hereaf the Prn�e�tY is sdd or the Pra�pe�tY is otfienv�aocluired bf►Le��der.Le�der
<br /> shall apph►.no later than{mmafiatery priar w the saie of the Fropenl►a its ac4uisitbn by lende�.any Funds hetd by
<br /> t�arxfer�►t the time d aDpt�aation as a credit egatnat the sums secured by this Daed oi T���Le�urtider
<br /> 3, Appllc�tion of Rexment�.Unless appUcable taw pro�►ides otitiecwi•se,a►1 oPa�unts payable to Lend�ar by
<br /> th��e and parspr�pha.t and 2 hereof shall be applied bY l.�de���P�Y� _
<br /> 64rt�vet under Pa►dS+aP.h 2 hareof�thare to intarest P�;/�1��{��tp tha principel of tfw Nt�i¢.
<br /> 4. Prior Mort�s and�of tMwt;Cha�e�. � +�ivcm all a!8a'rawsr's obl�l°ns
<br /> wlth a lien vrhich h�s poriocrity a�ver this Ooed oi Tru:t,
<br /> undar anY na�Ep�e.�aed a�trust or other a4cwitY ape�n�t �.��tip���taxss�
<br /> indudin����s caYenan ft��e h���'iemtl�Property�.+naf!�aP�''�Yoverthl�
<br /> ���°�����' �r:rmw,nd r��is,if.anx .
<br /> �7fYp Q-�uaq ar�r,s�''ia.��..�`j'!!!3M-�--..... ... . . _ _ . .�_...___+��
<br /> .. ut u�v.-��+:..y --
<br /> S. H�satd imuft�u'x�.8orrower si�ati ice�th�fimpra�-+io4+t exTaNn9 0+���
<br /> M "and such atiter ha�.ar'�s as Lendsr
<br /> insured a�aina�foss by fite.hazards included w�thin the tsrm"extended oarera9a�
<br /> rnay require and i�suoh amaunts and for such periads as Lender may re4utre. b crv:� ls��:�+o:�i�(I.
<br /> The ins�uanc�cartiet PraM1►1din9 the insurance shali bY ahose+�bY Bo►ro�w�er sul�er.i ePpr �'! .
<br /> h shall noi be unreaso�taWY withhetd.Au insurancs Pa'��������in a torm
<br /> ��tu�nd shall inafude a star►dsrd mo�dgus�in favor d snd in a brm acoe�Dfelo�'af tru9t rG
<br /> shall haw the ri�M ta hoW the poticie9 end renewals thereot�subject to the tetms o�any mortg�qe.
<br /> 01�sscurit�►a�"oeme�wnn a lien whid�►�nas��tt,e�in��c�ana Lsnder.c,ender maryr maks propE � ,
<br /> In ths e+ront af��a+�ow�er shau�e t�P�
<br /> d loas if not macis R►n+npttp byG Ba'�c�s�:
<br /> it ttw Prop�s�tY 4e abantiot�d b1►Bort'a�e►�or if Borrowe�taib�res�ond b 1�6r�der within 30 days from ths d9��
<br /> notice is msif�d bY Londe�tu Borrower that tlte inwrance������reeto+radon or rohak d�tl�e�P�oper�Y
<br /> is a��tt+a�l�edw colitK�ar►d�pP�Y�insurance Pnxee�
<br /> or bo itw sums s�•uted bY.th(s Deed of Ttust. ������s�P�ntt�d Unit D�Y�iop��is.
<br /> �, p�v�tfan and tA�IMenu�s o��P�l�+ a�io�i of
<br /> �sha1D kp�p tt►e Rroperty in good repair atu�s?sa11 not commit wasle a Pe�mi1�+np��
<br /> t�y�ty and ahall�camP1Y wiih the pravisians c�f�fiyr lease if th���P��►������f 8��i�
<br /> Trust is on a w►it i�i u�afd�minium a a i�ned unit cieveioprn�t. �� ��,�
<br /> underthe6ederelianor,aorrenanucreetirrg�orqnver�ingtt�econdominiumorptarutied d�p�.
<br /> �d.rb�utatio�a of tt�e contloRn(1►ium ot�rened unit de�ebPment,and e�nstduetq d�umenit� ��ned in this
<br /> 7. Prob�ctl0e M L,Ond�r'�r Seevrit�l•ii Bwrower fait�to pe�torm the ca+enar�s and a9re��e^�
<br /> Deed of Tnut.or if any aatlon or proceeding is commenced whlch materialh►aff6�s f:r3nder's ir�enest in the Pro�ty,
<br /> the�i Le�der��t lander'9 optlan�upon noUce to 6on��may make such appea►anoes.disb�.ye such s�ums.including
<br /> ;...�..�,tw�urxn.;ti toa�,ondtak8r,uc8t�oCneei&�a�YmP����s�r�l�iraet.ULt�rtti�xroquir'edmo�tpa�
<br /> inw�ano�as a condi�ion ot malcirW the ioan aecured bY ttus qe�oi atr.�,es«rciwv+��'��it��^».�s!�� -
<br /> �o enairwair�sudti inw�e In affect until sucb tlme a�the requirertwr�t ior s�x;h{nausstx�`6eimir�in s�ccord�r�oe
<br /> vr;Ah Borr�wer's and ler�'�written agreement �w�h interest t�ereoe►�atihe Nia�e raie.shaB be�cortw
<br /> pny amou�ts disbu►sed by l.arxl�r Pwauan�
<br /> �ditbnallndebtednsss of Borrower se�u�ed by this Deed of Ttust.Un{ess BotrwMer anal Lender$�ree to othet'terms
<br /> of paymettt�sucn amourri�a�d;i w�3r"'�ai��^�="-'fmm►-ander to Botrowe►�eqarestir►9 PeY���•�
<br /> �q���n thls parapre�th 7 shall requite Lend�tr to incur any exPense a take any e���u�the W�op�rty�
<br /> 8. Ir�ct{o+�.Lender rnuy melce a cause W be made rea�ona5ie entries upc�►�in�spec�ons t��r rela�ed
<br /> prarided thart Lender she19 give Batrnwer notice ptio►W any suCF�usspectbn speci�,' �
<br /> to Lpnder's interest in the PropeitY• ������n�.in ca►oec:�ion with
<br /> o. ��nd�stbn.The Pr��of any award a ctaim tor dama9es. ,----•_-- ^.,,.�.,.�;
<br /> any can0ernna2lon or othettakit�y of the ProPertY,or paut thereot,or tor cawe�Yar�ce in i�ru a i�n����,••.��••r. -
<br /> asst�ned ana sr�a�be paia�o�enaer.subJ�ct totha ter�'ts of any mortsa9e.deeci ostrusi a aner sec�u�►a�reemenc
<br /> . _ with�Itan which Aas priority mrer this Qeed of TFusi.
<br /> 10. Borer�wr Not Rd�s�d: fatt�eonnc� 6y l.end��Not a Waivar.Exteaisio+�of the time tor paymeM or
<br /> rt�od;ficatbn of amprNzation ot the sumo secu�ed by this Deed of Trust granted bY Lea�ier to anY Successw in iMerust
<br /> of�orrawer shali not oparate to re(ease�in sny�nanner�the Ilability of the oriSEna1 Borrower arxi Bo�a�w+et's sut�cea.,ots
<br /> = �s `' .
<br />-.--
<br />.� _ _ _ _ - -- ----
<br />
|