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<br /> , �,� ; `�`.��, .:5� , uNIroRM caveYJlrITS:eorrowar and Ee�der covenar+t�ne a�ae as ra�owx . '��. = <<` � - ' �
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<br /> . ,`'� ��. � i-ry�w�M of an�UM�wf.8amwer ehali promPtlY DaY when due the pryndpal of.and interest on the � �
<br /> t �� . , . ��p�se�ridrtc�/t d 11Nt�Iob.pnpa tandlatect�arpesasproviAedlntheNote,andthePnneipatotandinLereston ` . �
<br /> acry FuWnAdv�ww s�cund b1l ihs��uri. ` � .
<br /> ` Z.F�tetTa�NaMN�M�arca tosp�icabblawortoswritlenwalverbyLender.8nrrcwershallpaytotender -
<br /> � ._ onfh�dsY+naitlriYimWlmenbotpinc�andinfirauarspayab.t�undertMl�tolauntitlhelYoteiapaidloWll.ssumtherein . - - -- �- - -- -
<br /> •- ;z=�°= "Fextds"!�b an�-tw�Mttt af ftw yMrtY�uc�s an�psNSSmenls vrhicf�msy attain pdority owt thi3 Oesd of T�us�and • `�
<br /> • , qronndrMfbonlltsP�ropKtf.Hany.ptusone-1wNMotvrattYpromluarfnsWimeniatoti�atardinsuranCepinsorta-Lwalfthot —
<br /> �e�r!y pnmitun insWMNnts tor moA�e fnsul�ncR 8 arty.all as feasonabtlt estitnated initiaUy and irorn dme to tims by �, �, �
<br /> ' . - _ � _ L�d�r on 1M�ia d arMprtNn�andbYls and ni�onabls estima�tl�x�of. _ .'
<br /> TINFundsahNlbshNdinanin�tifulbnlhedrPos�boraccounbofwbicttareiasuradorgusranyeed.byaFederalastate. ,
<br /> eed.
<br /> .. - - ' `t,•'.� �Y MG�rp L,�der H La�b wcN an InstlriiNon}.I.ander shdi appty the(unds fo pay�i����ei t�si ,
<br /> - tnsursnctprrn�iumsandprou�dr�ler�maynotcfw�iorsohaidin�andspptyin�tbsW . .
<br /> ` av�i(yinpandaqnpiNnps�idas�s�rtNntsandbiUs.uniast�enderpaya 8-orravreri�tonthsFandsand�pI icaE►e aw ,
<br /> � ' ' p�m��tp�n�kewcAach�.8arrovtenndte�dsrmayspresiawritiaSattAstimsotexecutiionottdisDeedolT�ust _
<br /> �- q q t i M�a►fhe F w�s h s i l b e p t i d t o 8 o r[o w e r.a n d u n l a s s u C A a 9 r e e m e n t is made or a c o l i c a lbe law requirea suGs , .
<br /> '_' - -- - _�::, :�e....��ne.e.��.�c�linatbe�� m Bortowxan iM�oreamings onthefunds.lendershatlgivetu •
<br /> _- —_.-:- ----.-- — �.wi�wutchu �tiannua� ---'iis-enGd�"�ti�Fu��ss�a��eb:—- =- -
<br /> � i . � .T��ecl�d�bittplhs�undsMiasnisd�TheFundsarepted9edasa "onalsecurityforthesum�secu�eAby isDeedof • ,
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<br /> �_ Itihean[ountd 1hslunds hetd by L�nder.nopetherwitb the tuture monlhry insfsltmenls ot Fundspsyabie priortothedue
<br /> - - . - dalea of taza.s�ne�►fs.inautincs p►emiums and yraund roats.aha11 exceed the amourKro9 u�ired to pay said taxes. .
<br /> � . �b`inwrmc�promiuma a�d �ound rertts ss thev ta11 due,sucb excess shail be,at Bonowe►'s op6on.either _
<br /> � • p�p�ty�epsi�/o gpirpw�r pr cndited�Borrower on monihty instaNmenb ot Funds.If fhs amount of the Funds heid bY 4
<br /> V Landerahditatb�wtlktantfapay4�cas.ass�s�nen$inwrancepremiumsaac 3round:��sastt►�yt�fldue.B�rtowershall -
<br /> -- . _ . . Botrow��rro4us�D WY�����to inake up the defiCiency within 30 daYa T[an the dats tlaLce is mailed 41 Lender to : . . .
<br /> � , s-,� ... - . Upon ymsntiniullotallsumssecuredbythtsDeedotTrwt.LenderahaliprOmptly�efundLoBortowerany�undaheldlsy , . .
<br /> .. ����n�p�ts�raphlBMreoNhspropeRyissoldotthePrope�tyfsotNerwiseacquiredbyLender LendershallaPP�Y• '
<br /> � :•f:-;'-� nutaletthanimmediatsytprtatoths�ateotfhePropsRyoritaacquisihonbyLender.andFundshe(dbgLenderatthetimeof . _
<br /> .. � .,', applicatlan as a cradit ap�in;t the sums aecured by this Deed ot Trust , � . -
<br /> :.;,.�,,; ,,
<br /> . � :• . , .
<br /> f.,� . �,�e,roa a r�Unless applic�bts lawprovides othenvise.a�l payments rec�ei�ed 6y L'erid�under Me Note , ,. .
<br /> , a��ra�����2 }���appliedbyLen4erftrstinpaymentofamounbpayabtet0lenderby8onowerunder
<br /> . �_ . I Pa�raPn2 eo�the�►tointet�stpayabfaortfheNole Mef►totheprincipalottheNote:andtnentainteres3atidp�incipaton r_� _ .__
<br /> � i any Future Advances. � � '
<br /> � � • +, �[�.LtMr.Bortowersahatlpay811taxes.assessme�sandothercharges.finesandimpositionsattributabtetothe � £
<br /> proportyC�wh�cti may atbin a prior'�ty ovs�Mis Oeed of Trwts and leasehotd paymenb ar ground reMs.ii any.in the manner .
<br /> ' iCt
<br /> �i provWecf underparapraph 2 hereol o�it oot peia in such mannss.�sy 6orrower makingpayment,wheo due,directiy to the �
<br /> � payeethe�eot BonoweraAs�l pramothiumishtoLenderatln��otamountsdueunQerthisparagrapb.andinMeevent
<br /> • gor�ower atia��mak� yment aireclfy,Borrower aha11 promptiy fumish to E.ender recetpb evidencing such payments. .
<br /> . Boaower shsll dischlir�e any tien which has pnority over thi�Deed ot Tnux Orovlded.that BoROwer sf�all not be : .
<br /> requiredWd r�e . suchilenaotonyasBara±rerahallaqreeinwrltins��trepaymentoftheobiigationsecuredbysuch
<br /> lien io a mannerscce/�to�ender c�shal��n paud taith contest sucb lien by,or defend entorcement at sud►tian in,tegal i:
<br /> • ap��qings which op�ram to prevent the enforcement ol the lien or toAeiture of the Property ar any parT�sereci•
<br /> ;!"�;. 3, Nazard�mu�ne�,Borrower st�att k the irnprovements now sxi�ting or hereafter erected on the Property insured
<br /> ;l.�_:�-;';,,;:., ( ayainst toss by fire.hazards inctuded withi�e term"extended coverage".and such otherhazards as L.enQer may require
<br /> — -- --� •, -� � sndinsuchamountsanOfatsuchperlo�sasLenQsrmay require•provided,thatl.endershalir�dErequirematlheamouMo} . _
<br /> ' ��"` '�� sucb covera�e exceed that amount o1 cove►a�e rs�uired to pay t�e sums aecured by this Deea of Trt�st .
<br /> ThisinsurancecaRierprovidingtheinsurenceshallbechosenbyBonowersubjecttoa�provalb f.encler,providea,that . • _ . ,
<br /> - • � aucb approval shall not be unreasonably withheld.Atl premiums on�nsurartce policies sha I be paid�n the manner provided .
<br /> �� �''. under paragraph 2 hereof or,N not paid in such manner,by Borrowe�making paymenL when due,directty to the insu�ance . •
<br /> cartier.
<br /> � • All in�utance policiea and rertawats thereolshall be in form acceptabte to Lender and shall inctude a standarA moRgage
<br />' clauseintavorofandinformacceptabletoLender.Lende�shaiihavetherighttoholdthepoliciasandrenewalsthereot.and
<br /> ' � BorrowershallpromptlyturnishtoLenaerailrenewalnoticesandalfreceipfsofpafdpremwms.lntheeventof!os�.Borrower • •
<br /> �hailyivepromptnuUcetotheinsurancecanlerendLender.lendermaymake�*ootollossilnotmadepromD�lYbyBorrower.
<br /> � UnleaaLenC�andBoROwerotherwiaeagreeinwrltiag,insurenceproceedsshaiiDeappiiedto�estore�sanorrepairotthe , , ,
<br /> � PropeRy dama�,provided aucb reatoration or repai�u econamically teasibte aRd the security ol this�eed ot Trwt is not .
<br /> 1Mreby impaired.if such restoration pr repair ia rtot econOmicaity 4easibte or N the securiry of thi�Oee�oi Trust would be �
<br /> � impafred,ths inauraace proceeds s1'.�1!t�e a�ppUed to the sums secured 6y this Oeed of TrusL with the ezcess,if any,paid to
<br /> � � � � BorrOwer.N the Property is abandone0 by BonOwer,or it Bonower fails to respond to Len2s�within 30 days irom the date
<br /> notiCe ia maited by Lender to 6onawer that t(se insurance carrier ofters to settie a c1aiR�for insurartce banetits,Lender is
<br /> : i authorize0 to coltect and a pty the insurance proceeds at Lender's option either to restoration or repai�m�*�e Property or to ,
<br /> j � the aums secursd by thrs I�eed ot Trust
<br /> � UntesaLanderandBorrowerotherwiaeasreeinwriting,any suchaDP�icationoiproceedstoprincipalshallnotextendor
<br /> pa�pon0 the due date of the monthiy instattmenb reterred to in paragrephs 1 and 2 hereot or change fhe amount of sueh
<br /> � �nstafements.li unds�pera rapb 18 here0lfhe P�opeAy is acquired by CenQer,all rtght,titte and interest ol Bo►rower in aqd to . .
<br /> . � anytnsu►ancepolicie�an�inandtotheproceedsthereofresul!inghomdama�,etothePropeRypriortothesaleoracquas�on •
<br /> �,� shalt pau t0 Lender tothe exteM of the aums aecured by Usis.�ed o1 Trusi mmediately prior to such aate or acquisi6on.
<br /> d:PnsKVaMoel�dMMnNnsnc�olP�opwtll%L�h�C�d����Ptann�dUnHDwNo�iela.8arrowershatl
<br /> keep the Property in good repair and aha11 not ca^��ntt waste or permit impa�:sRent ot detenoration o th8�rpperty and anaU
<br /> � compty withtheprovlaionsotanyteaseifthisDeec&ofT►ustisonateasehofd.(fthisQeedofTrustisonaunr:;aaeondominium
<br /> � - - - or a pfanned un�t devetopment.Borrower shall peAorm alt ol8orrower's obligatlons under the declaration or covenants
<br /> • creating or governinp the condominium or ptanned unit devetopment,the by-taws and regulations of the condominium or ,
<br /> ptanned unft devebpment,an0 constituent dacuments.N a condominium or planned unit devefopment rider is excuted by
<br /> � � Benower an4 recorded tagether with thia Deed ot Trust,the covenants and ag reements ot sucb rider shail be tncorporated �
<br /> Into and shail amend and supptementthe cQVenantsand agreements of thia Deed of Trust a�itthe rider were a paA hereot.
<br /> 7. ProNetlon ai L�r'sS�eudlY.N Bor►�s�er+.ails to peAorm the covertants and agreements contained in this Deed of •
<br /> ° Tru�t or If any aCtion or proeaeding ia commenr,�witA mate►iaity aNects Le�►Qer's interest in the Property,inctuding buf not
<br /> • HmiteQto,eminentdomain,insotvency,code entorcemenL or arrangements a►proceedings lnvolving a bankrupt ar deceQent,
<br /> � then laender at Lender's optian,upon noticeto Borrower,may mare such�ppearance9,disburse such sums and take avah
<br /> aCtionasianecessarytoprotectLender'sintere9tinciuding.o�ryotlimttedto,disbursemenlofreasonableattorney'sfeesan9 •
<br /> entry uponfhepropeRytomakerepaira.IfLenderrequiredma^3ageinsuranceasaconditionotmaki�gtheloansecureQ�i , ,
<br /> � the Deed ot Tru9t,Borrower shall pay fhe premiums�equired to mainta`n such insurance in eftecf until such timo zs`.�e
<br /> � ' : • � requiramenitorauchinsurancaterminatesinaccordancewith8orrower'sas�Lender'swrittenagreementorappIlcafberaw. �, ;
<br /> .. @oaower�hail p8y the amoun!o18i1 mOAgage insuranco pormiums in the^3nner provided under paregraph 2 hereof.
<br /> ---� ------ -' -- !� amo�,yris�ispursed by LenCat Fu.suar►t to this p�ra a3�h 7. w�ttt trtierest ihereon, shaU become additinna�
<br /> indeb�ddnessofBorrowersecureabylhisOeedolTrust,Untess�rrowerandlenderagreetoothertermsotpaymant,sucn '
<br /> � amoun ahatl be payabfe upon oetice irom LenQer 10 Borrower reQuesting p�yment he�eot.and shall bear lnteresl f►om tne �
<br /> � . dateof�isbu►aemenlattheratepayahlefromtimetotimeonoutstanding pnnc�palundertt��Noteuntesspaymentolirtterest
<br /> ' ; at suCh rate would be contreryr to appI1Cabte taw,in which event such amount9 sfia:i L�ar interesf at the f►igttese rG.g ,
<br /> � { petmissibieunderappHcablelaw.Nothingcontainedinthisparagraph�shaltrequireLenQertoincu►anyerpenseortekeany
<br /> � aeUon fieraunder. •
<br /> - � �, Inip�eYon.Lender may make or cause to be made reasonabte entnes upon and inspections of the Prope�y provided
<br /> � • ! thatLendershaligiveBorrowernoticeprlortoanysuchinspectionspecifyingreasonabtecausetheretore►etatedfolender's
<br /> � interest in the Pr4peAy.
<br /> ;
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