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<br /> ``. � ,uwWRM cavEt�l/Itr'rs.9orrowar.nd Le+�oer co,rensnc ana a9res'aa wxows: ` _ � ;, . .
<br /> ����.�+-::-. /. d ld�Mi and IMMM�Barower shait Promptly WY wAen due the princtpat,of.and interest on the s::;. '
<br /> "� dedintheNoteandMapnnc�patofandinterastas �
<br /> I �z�-:� I. � � __. � U�Ndn��evld�ncM6ylhsNolesOrapa 7�►a4scharqprtsprovj : M . , `.
<br /> . any Fumrs Aavanc�s s�cund bl►iha�
<br /> � - � .'E. .�=�� � ' � t Z�i�dtbeTa�saMl io�pIicabMlsworlo�wrinenYratvsrb5►.lender.8orrowershafipayblender ; • ,
<br /> - a►1hed�fl��hlin�Lllmanbol M��dinfe[eatuepsllaDt�undertheNOle.untiitheNWeiipatdintuli,asum(f�ein. , �.
<br /> � ' "�u�"!�NW f�onsdwNllh pl f�Mrly tixes and a�aesamenb wt�ch may atqin prioriry aver ttis Oeed of Trvst and � . .� . �,.
<br /> - .. - -- - . . �cpundnrttsont��P�Y itany,W�o�-t�N�ofye�yP�iumin�itrt�sfesl�N�wr�Cap��-twe1Mo1 -_—s:==— _
<br /> pr�it�n inWl(tnents tor��q�insur�nce.�alry.all ai ro�sonabht estimStQd init�lly and/rom time t0 tlme by � t
<br /> �r `� , - �011�1lbll�i�atNMrRIM1�M1dEAlsMldfwJOflif�l�Oimibs4f0�eoL . • • �� ; .. •
<br /> : ThsFwbsshNl6shMdinanTnsfi4tbonlhad�po�iboraccounfsotwhiehareinsuredorgwnnbed.blfa Federalastate .
<br /> `;;:� ` . ` ir�a c�(�in�xn�snd�oundr�nb.�wnde►nn��not�a ntfarQsL�xer�hellappt�Y���Fund�.anatYzirWsa�d�� . . �
<br /> nx t�oldin0 .
<br /> ,r _ _ _ OrM�ritykga�doompNi�qs�ida�e�NnK►1�andbilI�unletstw�derpays9"on weri�tonihsFw�dsandaQpl _icabi�Iaw ; , . .
<br /> � permNsl.indsrbmalo�wchachsr�.BoRCwerandlendermtysp�ee�nwr,t�patthetimsof exkutionofthisoseoofTnist
<br /> thit inlerNt on 1M Fu�da ahall b�P�d to Bwrowei.and untess aucb agraement Is made or�ppNca1be faw requires auct� ,f.
<br /> ower
<br /> , ., inMrastb 0�p�ia L�nds►�all not E�rbquirad b psy Borrovwr any i�terest or esmin onfhs�Funds.Lender sf�all�ive to ;.
<br /> �; gprrawK wltbau[t�tat�s,anannualaccountin�oftheFundsaho�wrgc����e���redbytbisD�eedof
<br /> whicha�chd�biHOthsFundswasmads.TheFundsareP��d addi .
<br /> ` T ��risamountoNhefundsheldbyla�►.fo001h�►wiN►thefulure�na►thlyin�sltmentsofFundapayaMeprio�tothedue � .� " ..`
<br /> - � ''t° - drssct 1axa.as�amaM�insurance Promiums and�oun6 rers�,st�aN axceed thea�eourn roquire0 tv Pa!►�aid taxes. , ,. _ .
<br /> � a�msnb`ina�xanCa P�smiums futd�round rents as tl�ey fall due.such euceu shail be.at B6ROwe�s op6am.either .
<br /> r�aid tn 8orrower or crediled fa Borrower on monmty insfaTimenfa ot FunM.lf tlie amount of the Funds held b�r i .
<br /> , ` : . �s�ilr�otb���aY�es.assessnterriS.insuranCepremiumseredgrottndreftbaslheyfalldue.Borrowershell ; ,
<br /> . pay�'�Ll11dOt a��r�+ount nace�farY b n1Ake uD1�e deticiM�ll wi�11n 30 derts�'►am the dMe nofiCe is tnaited by Lendet tO �
<br /> ` ` � _ �. E ._ Bacr�w�tre4uel���II�K msthxeofs��.uredbythist)eedofTrust.LenQerahatlpnsmptlyretandtoBorroweranyfundsheldby .� 4 . '
<br /> _ •- � . ��� LanQe/KuridK�aP�taAeteoflh�Pro�xNissolAorthePro�tyisolherwiseacquiredbyLender,Lenderahsllappty. . : , ' ., .
<br /> ' �`�. , • notaiKthanim�yprlartoths�isdi�6Propertyorib uis�tionbyLende►.and��sheldbylenderatthetimeot __
<br /> . .. application as a credit a�tnst ths sums aecu�lry this Osed o�1 nist � �
<br /> � ' �,A�p�eaMo�plls��iM.Unteasppiic�ielaw providesotherwise.aiipaymenb.+�cia:-redbyl.eaaerundertheNote
<br /> er .
<br /> . . a� s1an42{�ereofaha11bespplied�g�anderfirstinpaymentofamountspaya�.�etc�len4e�ecYBon'owerunder _
<br /> . .-. --- _� - . ���her,epRwei►Minieresip�yaplsoatheNote.thentothepriRCipatoftheNotear��_entointerestandprincipaton _ _ , =
<br /> . , a�y uWreAdrencas. � � :
<br /> �.Ch��LMn�.BaROwerssfplipayaiNaze.�,assessmtsi3andothercharges.5rtes�s�impositionsamibutabtetmt'�e .
<br /> m i
<br /> m�y Apsin apriori over t�is Deed of Trusf.ar,d 1ea�shOtd payments ar�aund renta.it anY.iq the ma^�rer.
<br /> , prP��ded onder parayraph 2here��or,ii not peid in such manner,by Bami+rer making paym�genp ue,directty�,t�*-e � . i�
<br /> payeethereotHorrawe►ehailp�ompQ�yfumisf�tol.ende[alinoUcesofamonr!�s�dueunderthis ra ra h.andirttheevan4 ,
<br /> • � � � Borrower ahall mate yrtbni direcay. BoROwer shali,promptty lumish 3^x��snder receipts evidencing such paYments. ' :��
<br /> • Bpnower�hali�y disCAsrQs any lien wBicA has priority ove►this Dae�ot TrusX ptovided.that Banawer shall nOt be .. •_r.
<br /> � � requiro0todisc �ssnys�ucblbnaolorW'esBortowe►sh�11apteeinwritin�tothepaymetstafthao4liga2io�securedbltsuch � .
<br /> s
<br /> `r�`�- ` lkninamanneracceptslNetoLenderorahalllnpoodfaithcontestwchlienby.ordetertdentoreementafs:�ctilienin.fegal ��� `
<br /> "-�'::-<�- , p���in�s which opsnb to pre�rent the enforcament ot the lien or brfeiture of the Property or any part rnereot : , ,
<br /> . _� ' . 5.Hazsrdlnwrane�8oaowerohat1keepdteimprovemenbaowexiatingorhereatteirer9cteaanti�ePrdpe�y►�s�ared ?'_
<br /> ' ` agal�t�oss py fl%ha=ards includad withtn the tetm"extended coverage"�,and sucb othe�hazarQs as tenQe�may�equ�re
<br /> � � � ' and in aucb amounb aiM tor auct�petlods as Lender ma►y require;provided.that Lender shail not r �rethattheamount ot
<br /> M
<br /> ' such coveraye exseed that emount o1 coveraqerequired to paY the aums aecured by this Oeed of�rosi •
<br /> . ThisinsurancecsrtierprovlQingtheinauranceshallbechosenOyBorroweraubjecttaa�provalby Lender,provide0,that
<br /> unde►�petp�p ap Y hereo�f or ifenot patay such manner bg�awer making paynie 1 when due dire�chtsty to Uie insQ u anc�e � � .
<br /> � caaier. �
<br /> � All inaurance poNc(esand renewatsthereof ahall be in torm acceptabie to I.ender and shatl Includea standard mortgage
<br /> ctau�einfavorotan4inlormaccepbbletoLender.Lenclershallhavetherigs�ttoholdthepolicissanArenewalsthereof,and I • • .
<br /> � Bo�rower sha11 pro�tlytumishto L.enderall�enewai noflcesand a1l�ecaipsotpaid premiums.Intheeventotlosa.Borrower
<br /> b Bortower.
<br /> ' �hai�ayeprcmp�np cetotheinsurancepRle►andLender.l.endermayma�proofoftossifnotma�epromptly y
<br /> ' " •';�� • � UnlessLendarartd8arrowetolherwisesyreeinwrltlng,iawrance�roceedsshallbeapplfedtorestorationorrepairotthe .
<br /> � � Property da�.Provl�e0 auch restorallon or repair ia economica ty teaaibte end ihe sauriN of this Oeed 01 Trust 1�not
<br /> thereby imp�ired.N such restoration or repair i�aot economicaity feaaib�e o�if the secWri�of ffiis Deed of tnxat woutd be
<br /> ., impfiro0.lhe inauronce proceeds ahell beapplied to the sums secured by thia Oeed of Tr.,s�wyththeexcess,if eny.paid t0 •r:,;�'
<br /> gpRpwe►,N the propeRy is abandone0 Oy Bo~:�wer,or if BoROwer faita to reapond to Lender within 30�aya irom tha date ' ,
<br /> aotice is msiled by Lender to Bor�ower that t�3 insu�ance caRler oHers tr settle a Ctaim tor insuranc9 benefits,Lender is , .
<br /> • . � autt�orlted to collec!and applythe Insusance proceeds at Lender's option either to restoration or repair o1 the Property►orto � �
<br /> ' the sums sscuted by this Oesd ot Tma�
<br /> � UntassLe�derandHorrowerotherwisea�reeinwriting.��auchappitcationofpraceedstop�incipalshatlnotextendor ,
<br />. " . pos�ons the due d�te ot the monthty in�tatlmenU refene��?�:�paragraphs t and 2 hereot or chan9e the amount at s�ch
<br /> instdimenls.N under para�raph 18 heceal the Prpperty is acqui�ed by lender,all rtgh�,title and interest of Borrower in�nd to ,
<br /> anylnaurancepol�cls�anainandtofheproCaedsihereotresultingfromdamagetothePropeRypriortothesalear8cqws�on ..
<br /> • shail to Lertde►to the extent o1 the suma aecured by this Oeed ot Trust rmmedfatety pr�or to auCh sate a►acquisition. � �
<br /> i.����p�p�p�;L���:�n�on�p�m�;Plann�dUnil BoROwershall .
<br /> � �,.: keep the PropeRy in good repair and shail not commitwaste or permit im�airment o1 deterioratfon o the Property an0 shatl �
<br /> � � Comp�wlththeprovl�ionaofenyleaaeifthisDeedofT�usllsonateasehol.lfthis0eedofTrustisonaunitinacendominlum
<br /> � � or apanned unit devatopment,Borrower shall peAorm all ot Borrower s obUgations under the Qeclarat�on or cavenants
<br /> :•'�•, � � `'r' � -T Creefing or Qoverning the condominium or ptanned unit development,the tiy-Iaws and regulations of the Cnndominium or _ _ _....__ _..
<br /> •i _ �. ptannea unil devetopment and conatituent documents.If a condaminium or planned unitdevelopment rider is excuted by
<br /> � . Boaower and recorded topether with thi�peed of Trust.the covenants and agreements a1 such ridershall be incerporated
<br /> , � into and ahait amend and supplement the covenants artdagreements ot this Oeed ot Trustas 11 the nde►were a paA hereof.
<br /> � � p�oNeilon W L��°s�curf�t.t1 Borrower tails to pedorm the covenants and agreements contalned in thie Deed ot
<br /> Tn�storifany actionar proceedingiscommencedwitnmateriaUyaHectsLendec'slnterestintheProperty inctudingbutnot
<br /> . . . � Iimitedto,emioentdomain.insolveocy,�odsanforCemenLorerrangement�orproceedingsinvOWingaban�ruptertteoe�lent, .
<br /> then Lende�at Lender's opfion,upon notlCe to 8orrower,may maAe auch appearanCel,diabursesucb sumsand takesuch
<br /> actiortusi�necestarytoprWectLender'�interestinctuding.butnotlimitedto,diabwsementolreasonabfeattomey'sfeesand
<br /> � entryuponthePropertytomakerepairs.IfLenderrequiredmoAgageinsurartceasacondltionofinekingthetoanaecuredby
<br /> � the Desd ot Trust Borrowar shall pay the premiums required io maintain such insurance in eHeot until such;lme a�the
<br /> � ' requirementtorsuChinauranceterminate�inaccordancewithBorrowei9andlender'awrittenagreementorapplicalbelaw.
<br /> � ' Botrower sh811 pay the amount o!aIl mongege insurance permfum9 jn the manner pravi0ed under paragrapb Z hereoi.
<br /> • Any a�mour�disburaed by Lender purauant ta th�s a�a raph 7, wlth interest thereon,shall become additionat
<br /> � � iadebtednesaof8orrowersecuredbythi�0eedolTrust.UnPes��QwerandlenderegreetootMettermsotpaymen�such
<br /> � ' j amount�shatlbepayabfeuponrtoticetromlende�toBorrowerrequesNngpa�menthereol.andsha116ear1nte�esttromthe
<br /> . �• . , � Aateotdi�buraementattheratepayabtelromtlmetotimeonoutstanding prinapalundertt�eNoteuntosspaymentolinterest
<br /> ; et such rate wou1A be contrary to applicabte tsw,in which event such amaunts snalt bear�nterest at lhe higAest sate
<br /> � , permissibteunderappNcabte law_Nothingcontained 1n this paragreph 7 shall require lenderto incurany expenseartakeany
<br /> : aation hereunder.
<br /> ; �. Itap�ellen.Lender may make ar causa to 6e made reasonable entries upon and inspections otthe Property,proWded�
<br /> • 1hatLertdershallgive Borrower noUCe prlor to any sucb inspeetion specity+ng reasonablecausetherelore relatedto lender a
<br /> interest In the Property.
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