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<br /> "_'.'��. .____'_,.�.�.�..�..am.�awr�as�r_vaev���r�aue�a�ss �w4:'-..�......«'"'"..__.��..�.
<br />_ __ _ �oe�si o�/�3/x996 �
<br /> ��,�,o� � N�x��� ���SZB � E�$z�u� �g� �t1�'�'r� .
<br /> � UNlPORM C�VP.NANT9. Qorn�w�r a�xl l.e��iltr r.nvc�uar.t u�x)a�rcc Ny fi►Iluwy: ,-.-
<br /> 1. 1''ayment dl E�9ucfpv�i wn�7 Interest. 13orrotiecr �;li.l1 �zrnmptly �s:►y e�i�cn ilnL ii�t; ptlf►clna M�KI iutere;st �_.
<br /> inctebtalness evid�nced hy tl�e Note aixt Iste cl�arges as pravided lo d�e Note.
<br /> Z, �und�far Tnxes And Ir�auanee. Su bject to ap p l i u i h l e f K w i�r H w r i t t K n w a f v e r h y I.eixl�r,
<br /> Es++rrowar hliwll�y to
<br /> i.e�x{er on tl�e day nxmthly pxynien�R nf pri►winal w�l interest wro 1�aYuhle u�xler�he Note,urnH thn N�►tC Ix rrid lu fbll.w
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<br /> sum (hcrein "�u�x1s°)eq�u►I tn one•twe l R h o f t he y e A r l y t x x n s x t x l�:�y�ti���t K l l i kludin�{c�►�xlmnlnium wuil plao�w�!un t
<br /> develop�^�lt Nssessn�enrs, if uny) wl�icu may attain p�3oriry nvet thix Dee�uY Trust. w�xl Orow►J rentn un Ihe F'ru�:rty. If
<br /> suty,plus une-twelftl�of yearly pr�mluni ii�.tiutlln�ent5 for h�urJ lu:,ui�►ke.�i1��s utw-tetclftll uf ye?+.�1 y prermitin►(t!t�iKllr�;n�y �
<br /> far n�nng�ge insurauce, if aay. all w.Y reasonably estinu�tr�l initially r�xi from tin►� t�� tinx hy I�e�xler un Ih�s t►axi� of
<br /> �ss�essments xt�l bills and reaso�utblc estinuues thetri�f. BililYiWCf l;IIAII Il(11 I1C OI1II$AiC{I 10 11UlIfC rIN�ID�1YyI11C�11N Of Fp[MJ9
<br /> to Lender tu thn eatent that 8nnowcr n�akes�w:h psynxnts to the I�older of A prior nx►ttgxge ar dcctil af ttuKt i�Fuch holdnr
<br /> is an iaStitutional lendcr.
<br /> If B.hrrower pays P�mci� tn I.e�xicr, tlie Pu�xls sh�ll 1►e hcld i►�An inFaiwd�►n the ck�xnitx ur*:c:ountx ot whi�h u�e
<br /> insured ar guuanteed by a Pedcral or state wgeixy(i�x:luding l.eixkr if I.c�Kle:r is s�x:h at�i�utip:tl:x�). txndcr shxll a�ly
<br /> tha Fuutl��to�►y s�d taxes.a�,sessmentH�insura�x;e premium.w at�!ga►u�K1 rents. Ix�xkr m�y tx►t�twr��fix t�►F�iWh►�rtYl
<br /> appiyirig the Fwxls, an�Yr3ng said account or vedfying x�ul a�n�pilin� nxid u,ex+a�at��e an�t hb119. unle�n Lernk� lw�q�
<br /> Borrower interest on ti�e F�unda and npp�9cahle law permits l.etxler tn m�{ce ruc:h A cluttge.Ptn�rr��v+er��1 Letxler n�y�rec
<br /> in wdtiag at tUe tin�e af execudou of t�i5 Deed of Tiust that int�re�t on tbe Fatxis sl�Rll aw pnld ui&►rrower,a�x!u�de�.ti
<br /> such�gratn�nt is m�de or appltCahle law requires suc8 interest to t►e�uttd, l.en�ler�liall ncN 1�n requiral n�[�Y �►m�wer
<br /> any interest or earnfn��oj�the Funds. Lcmler�i�nlf Eiv�cn&xmwer.withaut charge.+�n amtiuxlµccwiuiny�c►f the Futxis ._
<br /> g�w,�cc�lits a�x1 cS�bitb to�the Funda �ixl the pucix►se for whid� es�;h dobit E� ttie Fu�xls wav n�. Tne ruixiu rrC _^
<br /> plalgai�c addittutul sxurity fr,r shc sums secured hy this Dcc�l of Tru.gt.
<br /> If the�nwunt of the Fwu� 6elr�by I.eixler,eoged�er wtth d�e future nx��l excocsl�the��nxwntureyuinsf cc�pnY��id
<br /> tha du�iktes af t�xes.i�.�cxstncnw� insurancc preniiun�s�td gmund rents.
<br /> ��, assesxmnqs. iatiurauce premiums a�ui gmuud r�i�ts as they fRll �ue. �;uch eacess shxll he, wt Bormwer'�u{►tinn.
<br /> � ej�r pma�tlY repaid to Borrower c�r creclit�ed ta Born►wer on mc►nthly i��stallments nf Funds. If the snxx�nt of dtie Fu�xls
<br /> Ixld by Y.axkr sh�11 nat t►e sufficient tn pay taxe�+. wse�srs:�ns. ti�urn�ce pnnuum9 i�d�nw�xl rcntx na thty f�ll t1ue.
<br /> gnrrow+er sh�ll pay m Lcnder any unouut necessarY tu n�alce up the deficietxy in one cir nx►re(�Ym��� +W��r m*y
<br /> reyuire.
<br /> . UP�PtYmcrn in full of all�ua��ecureJ by this Deed o�T�`�•tIi e�P ooenv p�xhenvi��y iced hy l.endetylxnckr
<br /> he[d by I.etdtr.if ut�er�rngFaph i i i�eiar,f t�lY Prc��si;�----
<br /> ���p�y� no later tfi�n imme�fately pdc�r to Q�e�le of the Pm�CrtY nr its�:yulsidnn by L�r.+u�p Fua��st�bY
<br /> Lendcr ct the time of�pplic•.�tion ns a credit agai��st the sums 5acural by tl+�s De�f°f Tru.a.
<br /> 3. Appliadla�ot"P'uyrne•nfa.. Uide�.5 applicsibte IAw pmvecks�nixl�t of�amaunts MY�i►le�Le�xber My Borrovrec
<br /> Nae a»d Pa�nSrnp�s 1�nct 2.horenf shx111i�apptitel by i.ander 6nt ia P�Y
<br /> �der prsgt�ph 2 hereof,ihcn.toiuter�st payable on the N�te,�uxl tt�en to the p��x:i�►tl of the Note.
<br /> 4. PRMC 1YSO�tp�dt•Ahd �AeGtL of��'nn�t; ChRr�si �. Bormv+er �Il pecfurm a{I df Barrower'a obliptioa�
<br /> ufidor any m�xtga8e. �ed�of tnist or other secudty aBreecmnt with a lie��which has priodty�over�hla Deed uf Tcwt,
<br /> •inoludin��otmw�er's crnet�nfs to nu�ke pAynticnGS when due.Ewrrower stull pey or cause to be p�id all qu�es,�af��r `
<br /> w�r.:�.::..:.�e,�� ��•�'—",t��r�,nnsitiut�s attrihuu�ble to tl�c pm�xrty whic6 may att�in a pdority o�ec thfs Deed oB T�ast,
<br /> rnd la�se�okt PRYatienGV or�rouril rants. di any.
<br /> s. ��� �. gorrower stWl kocp the improvementa� ix�w exluinp or here�f3er er�cttd on the Property
<br /> ivsurod�1mK lose'l►Y flcc.hs�ud�iucludal vrithin the tem�"eatenQed covec�ge".and such ather hwals�txn�kr nry
<br /> xetguice ud in such amounts url for such pedods as l.enclec tn�y a9uiro.
<br /> The lesur�nce curier prc�vidinB the inwrance st�all t►e chclsen by��ies�and renawal���tber�eaf s al�ba�n����n+�+
<br /> � ��pr�yv �Il +at lae u�ue�.�twhly M►i!b��l�. AIl insulan�� t�
<br /> e
<br /> acce�tabla to I,ender Mml cti�11:lncl,uds s►atai►dard.ux�ngage cl�ase in fnvor af and in A form�ccepable ta I.ender.
<br /> m
<br /> - �11 (uy.�tbe ri;ht to holcl thc policits And rCnow�ls d��reof,subject to die terms of u►y mort8y�c.doat of tnut�r
<br /> eecurity a�teement vrith a iien whtch h�v p�9ority over this Ika1 of Tcust.
<br /> in tbe t'vew of k�s,g�&►rxawer shalf glve prompt naties t�the insurance u�rrier+�nd Lender.I.snder m�y mace proof
<br /> �t toa�f�awt.m�de pcom�aY by Bnrrower.
<br /> lE�the Propesty is��claned by Barrower� or if�3ormwer ftils to responcl to La�der within 30 d�ys frc�n the�
<br /> qotice is�m�iiecl.fiy Lenda tn,Eoriower thet the in�s►ca��te catrier offera to settle a cl�im far itt�ur�nce beuefita,Lender ir
<br /> iuKhocized as r.�iJrct Aml appty the insunnec pmcceds at Lender's optinn either tn rc�torxde►n ar re�air of the Property cx
<br /> to tlle sums secund by this Iked af Trast. • .
<br /> f. Preserr�tloN aad MalnRawnct op�PrupeztYi ��1ds� Catdaniniw�s: Rfanned Unit De*dop�nen�s.
<br /> Bomow�r�11 keep the PcM�enY in g�al re�ir anci shali�nc►t cununit waRte or petmit imwumnnt or�kteri�tio�►of the
<br /> property•and stsul3 cemply with the provisio�u aY any le�.se If tl►ts Derc1 of Ttust is on�tea.vehold. if thiu De�tl.ofrflv�t ix
<br /> e�n a unit Sn�a e�ndomieeiun�r�r e plannecl unit ekvcln.pm�nY.&�rcc►wcr shxll perform ati of Botmwer's nt►lig�tiotw u�idr tha
<br /> tkclnntion�u Cuvcnants erena�ng or guvemin8 tlu w�ic�nnilnlum�r plxnued uiil�devel�ipnknt,d�e hy-IAws ancl re�l;ttiazav
<br /> �d the con�mtniusn nr ptaruied unit dcvelnpnxnt,and cnnsdtuuut dc�cun�ntR.
<br /> 7. Fratedb►�01'Gender'a�5ecurk7. If eoaower Paita m p�rFi�rm ti�e cnveiwnt� suul agreen�cnGS conts�ineel in thi�
<br /> pecxf af T�u�x.nr if any ection ot pnxee�ling ifl s��mn�enced wldcl�nuterialiy affcc��LW�disburse such sums�it►clutl'it►j
<br /> i.,L�*. �e� • , 's oniion. u1�►c�u iwtice to Hnrrower, nv►y malce suciti appea
<br /> -. ■_...�...�.,:..�.,r.cr If 1 e�Yler re�uittd tl�Ct�1lC
<br /> rr�uwtt�tble uttumeys' #ees.uucl tak��+icn action as iy nece�sary io p�:nn.. ,.,,..,.........._._.... __ ��-- --.. -
<br /> Iiuwrni�ce a_��coiull2i�n of m�king the loan secured l�y this Deed of Tnist. Harmwer shull pay die premluin�rcyulred to
<br /> m
<br /> m��N�in�x,h ia��bncc in effect until such ti�ue as the rec�ulrement fi�r �ucli inzwx�x:e tern�i�utes in accnrcl�nce th
<br /> puimMrer��Mc�ti[,iemk;r'��vritten agrcen�ent i�r applicabl�law. h���with intcrest d�ereun,at the H�te ate. staill become
<br /> - Aoy am�wnts dltbursed by l.ei�ler pursuAnt to this purs8rap
<br /> wWid�►tul itxkbtaln�ss nf Bunower secuced by thix Deecl of'TYust. Unlc�s.v Bon•ower�ux1 Lc�xter�ree t�i c�lx�ternt�of
<br /> - �yme�K, wch amouutt3 si�ali be payable u�►n �wtt�e fron� l.ender tn &nn�wer ceyuestin� �u►Yn�eut tite�nf. N�xhity{
<br /> cuiMdtkrl in thls�raar.�h 7 sha�l requlre[.eixler ta i�x;ur�ury ex�use nr take auy�;tion hcreu�xler.
<br /> - �� �p�y�c�lton. Le�xler n�ay malce or cause to t►c n�+de rea.w�le ent��pun antl itu�ecNuns uF dw Pmperly,
<br /> �►rS��We�l tlu+t Ixrnkr shall give Bnrmwer nnticc prior to uuy such ins dan s i ing rea.wiubk causc therefe►r rcl�ted to
<br /> IKrnlme'n IrNcr�st in thv Pstrpeny
<br /> ---
<br /> -- t�.�a„e s
<br />---- Nchr.►t�l�H7b•2 Sros Originwlli��oord�d! Copy(erancri? Copy(�������r)
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