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<br /> �-�����_ .: . �UI�IFpHAA CaVp�IANTS,eoeowrr�d 1.«+aK co�nnanc and s�as tatoYrs: -_ . ; �
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<br /> ���t` ._ �.�sY�t�f aM�Mf.Borrow�r�tuil Dr�Ptill P�Y when dus!be principat.qf and inbast on the t �4.-_–
<br /> �`. 4 • ind�QMdr1liseYidN�cN�1M�:��andtaNChar�aspro�rlQedinfhallols.andthepnncipalofendinlKeaton L _ _.
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<br /> �. Z fw/4hrTa�M/Mwra�owSubl�ttoapplic�blslaworloavrritMawatverb�t,lender.BoROwershatlpay�oLender __
<br /> :_ _- ° .. ���Y�Y��ap�rwip�lsnd(nlKqtwpaYabt�undvtAsN0l�untillhsNotiisp�idintuii.awm(hereiri ' �- r,...--
<br /> '3•'�,t °Fu�wL')�qiist b or�twNllh a!ih��rty hx�s and a�ts wt�icA msy+�tfein priorlty over this De�d of Trust end ,
<br /> - � ---_- prowbrwKSan�sPsap�lY.Maay.l�One-iveeiMoly�rl�Qnsn�un►insWlme�►btar_h�zardinw�nce.Ptusone-twelllh0i � � � .- �- - ;--.-, .�^�'T _
<br /> y�ty icu�Ipn�ls tot moAn�D�inwrancR H any,all as r�ason�bty�sNmatsd in'r6alty and t�m timetta time by . �
<br /> � ` I.�d"ir�tAi b�d�andbiUs and n�sonfb1��efm�s ihKOOf. - _` ` � -_
<br /> � TMFw�dsslrNbfhMdk�anin�liWtiatlhsdrP��ihoraccounbofwhicharsinauredorpt�rsilkOd.bl►SFederelO�Stite s ' _� z,
<br /> . • e�ru,y(Inciudin�L�nd�r N L�ider b such an in�titudon).L�r shall appty the tunds fopa y seid taxes.as�essmeels. ' _
<br /> _ , , u�xanctP�nkYnsand�row�dnnes.L�td�tmaynotch�c�slorsoholdit�pand�pp�y�nptlieFund�.analyzinpsaidaccount ; _. ;.^�-:`
<br /> ���=" • orvKiyirpandccmp�itgs�ida�n�mbandbilb.unbssL��P�Iys Borrower"T"nlsrhtontheFundssib law , .
<br /> , � p�tn�!s 4��1ona�auch�ahu�8o�wwandLM�mtY�resinw�nyiitri►etimeofs�acutimd1his�MTrust �` . _
<br /> ' L • ilf�t iM�Nt t1n 1M Fw�ds shall be Psid 1D BOr►owN.and unt�a suCh aqre�R�ant is made orappI�csibe faw requir�ea such � -- �-' . .
<br />: •,_•�t : - iMMwtlob� ��e�snnwliac��nO�MfhiF��stwanwyiinnter�a�iCeDitswlt�ieFu�dsar�idB�isp u•r�to�r � : .. -
<br /> . � T��•�btl�i�Fu�nds�r�smad�.ThsFunOsanptedDeduedd�ionalsecuriryfwthesumssecurodbythisDeedof . ` , ' .
<br /> , ; iflh��nax�tdlh�iunOsMtdbyl.�KMr.�withtlKluturemonthtylnsmtlmentsoffundspayabtepr�o`tathedue ' " .
<br /> .�,: �� . d�MS o!buceR a�rNeMs.i�wnnce p�emiums and qround csnb.shait exceed the amount required to pay saia taxes. . , _ _ -=
<br /> - as�esfn�b�insurance Prsmiums snd�atnd resb u 1heY fall due.suCh excess sha(I be.at 9orrawers opNon.eiihe� �
<br /> r�iQ 1 o B o rt o w e r o r�xadibd�o Mrrower on monlhiy i�slallmer►ts oi Funds.N the amount ut tl�e Funds hetd� _- _ <•-.-
<br /> . �������1s,i��witl����days fra�i►nitie�� o�+s�mailet!by wLender to ; . f ; `
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<br /> . Bortow�rnqu i��qo•r�eru+nereo+ . , _ _
<br />_ _ ° , Lar�ir 1� - i�is�n+ssecur�dbyfhisDeedotTrosf.�ahaltproasPql►*ehiadlnBortowerat►yFundshetdby _ � � ., _.'
<br /> u�r 18MraoNhePraDSrryissddorthePr isotl�etwlseacq�aredbyLen�.l.endershaltappty. :
<br /> no1sMrMwninrMdialelYPriamthesdeotibsPropeRyoritsacqu1�it�onbyLander,andFundsheidDyLenderatthetimeof �y•
<br /> • � � �; � , eppikatlon as a crrdita�inst ths aums aacured by mis Oesd of Trust � ; ,, _ " " ,.�r`:_
<br /> . ; � g,Ap�eallo�af Untess spplicable fawprovlde�otherwise.ail payments received bp Lender under the Not� , .,, . '��.
<br /> and ps raphs t acb2 eof ahail bs appiied b�l LenAer firat in payment ol amounts payabie to Lende►bll Bonower under � �.`�_
<br /> - . _ x. .<<. . �. . pua��►2f�aGt.qa�toM�estpayableontheNotethentotheprincipalofthsNote.andmentoiM�restandprincipalon '":,:; .
<br /> . ` ` � arry uturo l4dvanos�. � . i :�J:,.,.. �:�"
<br /> < � +,Ch�1��I�,BoROwersahalipa BNte�ces,asaessmenlsandethercharges,6nesandimposiNonsattrlbutabtetpthe
<br /> � , � � property which mty aqela aprioriN over�is Dsed ot Trua�and leasehofd paymeob or ground renffi.if any.in the manne� �
<br /> , , � p�vlded�nder p�►apraph 2 here�t or,it not paid in such manner.by�Bavower makinQ fiaymen�when due,directty to the , �
<br /> � payes q�eteoR Borrowet�all promptl tumist�to Lender aii notices of amounts due under this paragraph,end in the event ; ;; �
<br /> Boncwer ahall mliks yment dir�.Borrowe►sha►1 prompdy fumish to Lender receipts evidencing such payments. �
<br /> gorrower shall y disChar�s aoy Uen vrhich has priority over this Deed of Trusk provided,that Borrower sNail not be . ; . �C�;�
<br /> raqulrsdbdu�c�sucblieneoWnpasBorrowershailagreainwritin9tothepaycnentotllteobligationsecuredbysuch � : �.
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<br /> lien in a manner to LenAer.or sha(I ln pood laith contest auch lien by.ordt�id e�torcement of suah lien m.fegai � . . a , .
<br /> ' _ . ���i��kh��e tD prevent ths eniorcement of the lien or forfeiture of the FroDerty or any paA thereof. : _ . .• .
<br /> • �,,���gorrpwer shail keep t he improvemen t s n o w ex i a 6 rt y o r h e ro a l t e r e r s c t e d on the P�o p e n y insured � ,, . :•,,., ,
<br /> � . . � ayainst loss by fir��ezards inciude0 wiftvn tt�e tarm"extended coverage,and such other dazards es lender may�equire �'`'-{�; . :_ .
<br /> anA in such amounb artd for sach perioda as tender may�equire•provideo,that Lencter shail natroqu rce that the amount ot :��,,
<br /> � such covera�e exceed that amount of coverage requlred to pay the sums aecured by this Osed af Tnut • ,- -; . �
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<br /> � ThisinsunncscsRierprovidinptheinsuranceahallbechosenbyBorrowersubjecttoa�provalby Lender.pmr.4ed.that . . ,. _
<br /> • such appravalshall not bs unreasonably wlthhetd.All premiums on insurance poticies�ha 1 bepai01n me manr.er psavided _
<br /> ' � under paragraph 2 hereof or.if not paid in s�ch manner,by Bonower making paymeni,when due,directly to the�nsurance
<br /> carrier.
<br /> � . � Ail insuranca policiea end renewats thereof shall be in form acceptable to Lender and ahail inciude a standard inortgage
<br /> � clauaainfavorofandintormacceptabletoLender.LendershallRavetherighttohotdthepoIiciesanCrenewals/hereofanQ •
<br /> ' gprrowershali prompttytumiahto Lenderail renewaf noticesand ell receipts oi paid premiums.lntheeventof toss.8orrower .
<br /> � ehatlyiveprom noncetothsinsurancecanierandLenQer.LendermaymakeproofoflossifnotmadeprompttybyBorrower. .
<br /> � Unieas andBorrowerctl�erwiaeapreeiawriting.insuranrsproceedsshallbeappliedtorestorationorrepairofthe ,
<br /> Prope�ty dama�e�aovided auch restoration oo repair is economicaily feasible and the securiry ot this Deed of Trust is not ,
<br /> - • • � . thsreby impaired.If such testoration or repeir is not economicaily feasibte or it the secur(ty o1 this Oeed o1 Trust wou�a be
<br /> impaired.the insurance ptoceeds shait be a�pplied to the sums secured by mis Deed ot TNSt,with the exCess,if any,paidto
<br /> ` Borrower.it the P�ope�h is abandoned bq Borrower,or it Borrower tait¢fa respand to Lsnder witAin 30 days trom the date
<br /> ' notics i�maited by I.end�to 8orrower that tha insurance carrier oNers to settle a ctaim for insurartte benetlts,Lender is
<br /> authotlzed to colhct�ndspplythe iosutance proceedsat Lender's optian either to restoration or repa:r o1 the Property or W
<br /> . '. ; the suma secured by this De�d ot Trust � .
<br /> i Unless Lender and Borrower othsryvisea�ree in writing,any such apptication o}proceedato principal shalt note�tend or
<br /> � nethe due dats of Me mOnthly in�talimenffi�eter�e0 to in parag�aphs 1 and 2 hereo!or Change ihe amount ol such .
<br /> � n�liments.H undsr pa►a�►aph 18 hereof the Pr��ty i�acquired by Lender,all rlght,titte and interest of Borrower in and to • •
<br /> • j anyinsurancspoiiciesandinandtotheproceedsthereufreauliingtromdamagetothePropertyprforfothesafeorac uisitio�
<br /> , shs0 pass tp Lendsrlo fhe extent ol the suma aecured by this Oeed ot Trust immediately prior to such sate or acqu�sidon.
<br /> • �. ����a p����:�p�Qon�m�;PI�nMd UnH Ow Bonower ahall
<br /> � � keepthe Property in�ood repeir and ahafi not commitwast9 or permit impairment of de'erioration o the PropeRy a�d shall
<br /> ' , � eornply wlththeprovlsionsofanyleaaeifthis0eedofTrustisonateaseho(d.Iflhis0eedotTrustisonaunitinacondaminium
<br /> or a Ian�ed unit de�retopment,Bonower shall pertorm ai!oi eorrower s obllgat�ons under the dectaration o�ccvenants
<br /> � � crea�ng or governinp the condOminium or plenned unit developmenf,the bylaws and regutations af the cortdvrtrinium or -
<br /> planned unit devetopmenL end conatituent Sxuments.tt a condominium or ptanned unit devetopment�ider is excuted by
<br /> Bor�ower end raCO�ded to�sther with this Deed ot Trust,the Covenants and agr�ements o1 suCh ride►shatl be incorporated
<br /> irrto and ehall amendand aupplement the covanants and agreements of this Deed ot Trust as if tha riee�were a part hereof.
<br /> T, pr��oAp���nd�e's 3�eurit�.If Horrower faits to peAorm the covenants anfl agreements contained in this Qeed o1
<br /> • ' Trust,or if any actlon or proCeeding is CommenCed with materieliy aifects Lender a in'.ere�t I�the Propettyr.including but no!
<br /> � fimitedto,emfnentdomain,insoivency,codsentorcement,ararrangementso►proceedingainvolvingabanKruptordecedent,
<br /> � • � then lender at Lender's opHon,upon notise to Borrower,may mafce auch appearances,disburse such sums and take such
<br /> actionasisnecessarytoprotectlendefsintmest,lncludlng,butnotUmitedto,disbursemenfof�easonabteattorrtey'eteeeand
<br /> entry uponthePropertqtomakerepairo.itLenderrequlredmortgageinsurartceasaconditionotmakingthetoansecuredby
<br /> , • � the Dead Of Trust 8orrower ahatl pay the p►emium9 required{o mair,tain such insurenCe in eNeCt until such t�me as the
<br /> requirementfoiauchinsuranceterminatesinaccordanCewith8orrower'sBndLender'swrittenagreementorappIica�belAw.
<br /> • 8onower ahaltpay the amounl of aU mortgage insurance permiums in ihe manner pravlded under paragraph 2 hereof.
<br /> • . �� Any a�mourtb disbursed by Lender pu�auant to th�s paragraph 7, with lnterest thereon.shall become additional
<br /> indabtaanes.7of8orrower secured bythl9DeedotTrust Untess Borrowerand Lender agreeto otherterms of paymen�such
<br /> •amounbahsll b�payaWe upon noUce}rcrrRLenQer to Borrower reQuesting paymeM hereof,and ahall bear interest from the
<br /> • � dateofdiaburaemenlattheratepayabtetro:�tlmetotimeonoutst�nd�ng principalundertheNoteunte99pe mentotinterest
<br /> - - et rmissibteunderappticabte aw Nothing ontainew�dinthisparagraph7shaf�l equireLenderto ni cueanyex�peh�seortakeany
<br /> a�cttan hereunder. •
<br /> �. �n�p�cYaf.Lender may make or aause to be made reasonable�ntries upon and inspections o1 the Property piavided
<br /> � . 1h2�tLende�sh811give8orrowernoticepriortoanysuchins0ectionspecityingreasanablecausetheretorgretatedfoLender's
<br /> . . � interest in the PtOperty. ' •
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