|
� . , . � _
<br /> — - � - -- ��� "`� , .� - - - - - --
<br /> . , . �.-.. _
<br /> _ . ,�, . _
<br /> ---- -—.. . � .
<br /> _
<br /> -. _.______.._ _... - =
<br /> :�- = -- - �.. �=-z � - -- �— . _ _ 1,_
<br /> - . "_'_. " '� - �.c4-f `�. —_ . __=_. -.�__—_ . — __ ,..-.--`iL�'.—�--_—
<br /> ��- ` • . `. - . _ _. '� - r " " - ' ' .� . .���. . _ - ��. . _ .__
<br /> ' ' � ' ' _ " - _ �,y,a/� _ ' , . . � _ .
<br /> ��"- . . � ' � . � . .. ' _ .
<br /> �lwh='_.:_ -_—� -- � ` ' - C .. . � . . . " . . `` . ' ' .. . .
<br /> �' . ` ` ' '__'__ '—— " ____ "___"_'_. . _ . . �—_'__
<br /> - -- � _---- : _ _ -._ �,- -- --, . ;- _`- . _ 4 � 92--� ��t�3i� - _- `_ `
<br /> . ; . .
<br /> . . . , ___
<br /> � � ���,���������.,��: � _ , -- �.�:�
<br /> ��. z ��
<br /> -- ---- -- _ � � �.��r■.�.�hr�er�.+ae�.rr..�.earo.�.�u��a«�+�►ay wns�aw a�e ai�cw.�or,.na M+�oR e+. � _
<br /> �`�'� .indrb�drMM�viQNle�d0Y1MNo�R �nOta�cha��s�P���dintlNl�toM.indlhsprinC�tofNldk►Mriltan Y= = �,- .:,•��;:'
<br /> - ury EdWr!J1dva�CM a�eur�0 bfl�O�a Trtat. `.
<br /> ---`�' 4.F�/atKTiwss�ilMrr�a. b�pplicaDbtaworbswriMrnwaiwrbYLN�r:Barrai�r�nhWp4ybL�nd�r �
<br /> - — onlht�rma►thMknl�n�a and�anpntabteundertMNoM.una'IIh�NOl�iaprdlntWt�wm(hK�in � ` �s
<br /> "Fwids"1�qw{to oM-twN11A W�t�wNMftl��W�uml�hll�rt��bt avsr tlNs pNQ�ft w Itl�M •
<br /> ,� qround��n�n�bjj��oy��n IMPrap�rly.itanf►.M �M_wall aa n�wn�hy►���IiN11a1y and trom 1krN b firt�6�I � . .
<br />� ..��.4 �' �������i/�ui ,�7M�����. ' . � - �� . .
<br /> '_t- Th�Fw�da�twilb�lMtdinan ina4WMootlwdePaNsaaccoumsMwhicAarNnsurodorpwranlMd.bY�FsdKNor WN'
<br /> `�� �r t�audirg L«�it t:�na.r is wch an Insaluu�ion�t�nd�stalr.ppty�I,e runds topay s�ia t.u..,�d. -. .
<br /> insu�anc�P��a��Lenderm�l�y,��q��sohotdi and�PP�Ykq�Fund�►ar�al�zi�psNdaeeount . , . - -
<br /> � ` ���L�rM�irb�sud�ia�pp�rowi u�idLa�dsrm�l�- Znw►iY�gu�a�.c�a� olTnat • ' • `
<br />.. _ S.:•
<br /> - �inbra.t on u,.Fwa.sn.a e.p.w a earowa►.ana untas wcn a�.Mne�n fa n,.as«�pp��r.w �h ,� :-�;<<-
<br /> intu�stf�6��L�t�shNlootbsnquiredtopty8on'OMrotany,inlKestOraemi�nys onlhe�Funda.LKldKr�O�iwb - -
<br /> w�hich�MChw4M�t�H�i�Fu�a�wainrds.�TM�F�w�dsa�re uPNct�d�isadd'i�l�'��ita�wrt a�scur�idbf►iAisaba � � �- 4 �•`�.;-r;�_��
<br /> � - ' � T I(�Me�mountoNhstundsheidbyLanderlo�stl�erwithlhefuturomonlhi�linsteltmenbatFundsp�yablsPriorb/Mdw �. . °�•-'"..
<br /> -- � - ���__
<br /> ��E- QaMS W taxa,af�nts.insurance premiums and pround rentr.shsN.�xceed the smount qu irod b pay f�icf�N. �•
<br /> �:. Y.-=. . as�ssm�b„insixance Premiurta and round re�ls as�y fall due.such excess shalt 6s.ant�Hom�rK's opdon.�ilh�r ' �
<br /> ' - <��.� �q�tly n���Borrawrr ot crodiMd�Bortower an mordhy inalaltmsnb of�unds H ths amou�o#�a Funda hNd�y ��.•. ' ' �,
<br /> - n�-..f,:��=.: � LenO"sr-at�1notEewRCie�ttopayeu�e�as�ssrtieMs.tnsixancepremiumsane roundrsntsasn+eyiauaw.earowerstMfl - °. ,Y�-y...�
<br /> to L�id�►a anaunt oscsssary to make up the�bficien�y wilhin 30 dsys�an the dab nodce is maited by Le��b ��, � <=_
<br /> '' . • �-�'�: _--
<br /> ' � ' '�-' ` owar Prymentlharof• �-.;,,�
<br /> .. x ��� � � ,_
<br /> �. �.�' _ Uponpaym�►tiniulldeitwms�curedbl►this0eedotT�ust.landershaliprompNy�Mundloeorraw�rarh►Fu�dstwidb7l --. L'. • .,_-_,_ , _ _ _
<br /> .�=z-''.'�• Lend�r.lfur�der/a►egaP�►18t�eoflhaPropa�ty bsoldortl�ep��rty IsWt�erwia0ac�luirodbyLer�LenderN�ll�pp�^ �;•._._._
<br /> ; .. .: _ .�,.. ..,�__..;
<br /> " ..�,. ___:;�; nolatsrlhanimmedislslyPrto►totheaaisotihePropeAl►oritsacqu�isitionbyLender.sedFundshsldlsYLe�dsratlhsWr�o� , r._=-�-�
<br /> ,. _ . applicatbn as a c�edit ap�nat the wma aecu�ed by this Oeed oi 7rust . " • '—
<br /> ,' - "���;._' 3,wppNesNoaal ��.Unless appticaEte lawpravldes offierwise,aII payrt�ents rcaeived bY Lender underlhe Note • „
<br /> - _ andpere aphstandl2�eotshaltbeappliedbyt+enderfirJtirtp�ymerrtofamourNspsyabtetoL�ule�byBorruw�tufMet �:..__; , , ,p-�
<br /> ,,;, pas� 2hareot.t�tointerestpayabteonthek�is:lhentotheprincipa�oitheNote.andthentotnterestandprtndpalon � ��
<br /> . ;:;�,c::.;. any Future Aavances. . . .. -
<br /> � 4. ���LiMK.BoROwersahallpayailtaxes.assessmentaandothercharges,ftnesandimposidonsaitribuhbletolhe �. . �;:: -_.
<br /> gea.
<br /> � �• � propsrty wfiich may atfain s onty over thia Oeed of Trust,an�teasehold payments or Qround rents,if arry.in ths mannsr �
<br /> � • providad under�p�raa�plti 2�e�1 or.if not paid�e such manner.by 8onower making pa�w��aed in�tl�s e�vent
<br /> . '` .•,. payes� q��of.Borrewer shatlp�ompUytumish fa�ender ali notices af amo�s due unasr .
<br /> �.` , . �
<br /> . ' . Bonower shatl make yment directfy.BortoweQ shailprom ptly wmislt ta�nder tsceipts evidencing such Dtyn�nis. R .. �.
<br /> . � Bortower shall aachsrge any Iien wt�kh has P�iornY arer this�eed vf Trusk Pro+ride0.that BoRa��11 nol bs . �.
<br /> ' require�bd�� c�Ys�uchliensotonpe�BorrowerahaltagaaeinwriUnytothepaymentoNhsobU�sUonsscur�bywcb p:. ,
<br /> � � lisn in s mann�r acc.�pq�D1e b L.eader,or shail in poodtaith oa+lerslsucb lien by.a deknd anbrce�r�a such lien i�.ls�i E
<br /> , .. proceedings wHicb aperate to Pr�t the enfacement of the t�n or fodeiture of the Property or any pM lhsreot �. -
<br /> • • 5, Mas�c�Inwrane�.Bonower shall kespthe lmproveme�ts�ow exisNng or he�afle�e�ected an ths P�P�M Mw�� �
<br /> , . . against loss by fire.harards lncluded within tha term'exterMed cove�a�e'and such ori�er haiacds us LenQsr may tequiro ;
<br /> ' and in auch smounts and tor auGh periods aa Lender may requlre;provlde�that Lende�shail notroq ufrethattheamountol �:
<br /> � sucb covere�e exceed that amount o(coverage required to pay tha sums aecured by this Deed oi Trwt � . . . _�
<br />� •� ThisinaurancecanierprovidingtheinsuranceahallbechosenbyBorrowersubjecttoapprovalby Lender,Providsd.that �
<br /> ' • such spproval shail not be unreasonabty wtthhetd.All premiums on msurance policies ahalt be oaid in the maaaer Drovided (
<br /> • ��pare�raph 2 hereof or,if not paid i�sucb manner,by Bo�rawer making p8ymenf,when due,direcdy to ths inwrance ,
<br /> ; , ' Ail insurance poBcies and renewalsthereol s�ea11 be in form acceptable to lsnder a�d shall InctuQe as�nds�d mor�a�s = �
<br /> s ea :
<br /> clauseiniavorotandinformacceptabtetolenQer.kendershalihavetheri httaholdthepoliciesandrentwstsths�sofind ; �
<br /> . c .
<br /> • ' gar�wershallprars�pttyrtumiabtoLenderailrenewa4noticesanda0receip�otpaidpremiuma.intheeyentofiost.Bonower �
<br /> r,1.-,•.,, : • sE�asF.yti.�epromptrtaticetotheinsurancecarriera�edLender.tendermaymakeproofatlos�itnatmadepromptlybYBorrowe�• - ,
<br /> . , • �teer�LenderandBarrowera��Etwiseagreeinxvrtting,insuranceproceeQsahaiibeap�tiedtorestorationorrep�lrolthe � .
<br /> � � �����':''' � Property dama�eA.Provided au�:�stara�on or fepair is ecor.�micattyteasibte and the s�.rn, yof thi�Desd otTru�f is not �. •
<br /> � ����-��� s thereby impaired.N�uch re�tora'.�pr repai�is not economisa'%1y teasibte or it the aecuc�t�¢!fhis Deed of Trust waut0 bs ; •
<br /> . � � �,'•.-i impairad,tf�e insuraace proceeds sha►I be ap plie0to the sums secured bY this Oeed of Trusx with ths excess.if any,paid W � , .
<br /> ' • 8or�owei li ths PropeRy is ebandoned by Borrawer.or if Borrower faits to respond to Lendet within 3Q Qays hom the dab ,
<br /> ' ' • � ` notice ia mailsd by Lender to Bor�ower that the insurance Canier oHers to settle a claim for insursaCe�enstib,Lande�is � , , . .
<br /> � • '-���' � � authorizedtocollectandapptytheinsuranceproceedsatlender'soptioneithertotestoratiartorrepa�.ra�lheP�ope�tyorto ! �
<br /> f , . ,•; the sums aecured by lhis Deed ot T�st � • ,
<br /> 1..;��'`��y'` � UnteysLen4erendBorcowarotherwiseagreeinwriUng.anysuchapplieationofproceedstop�ineipatshsllnolsxtsndor i ,
<br /> ' � �� " �? ne the dua date of�the moothty inataltmenb reterred ta in paragrapha 1 and 2 hereof or chanss tl�s am0unt of wcb ..
<br /> �' •'��� �� nstaliments.If undsr paraDraph 18 hereof the P�operry is ac�uired by Lender,el!�ight,title and Interestc6Aorrower in and to .
<br /> � � � � � anyinsurancspoliciasan�ilnandtotheproceed��hereotresutUnyhamAartra�etoe�ePropeRyprlortorisesa�eor�qu i�sitlon - .
<br /> • - � . shall ps�a to Leoder to the e�teM ol the surt�s sewred by this Qeed o1 Tnxse:mmediatety pdor to auch aa�'e or acQuifilion• .
<br /> i. Pr�sNVatlon an0 MMnNnant�W Piro�rry;t�awhdds;CandomiMurtis:Plannb UnH Q�rMopnNnb.Bortower shttl ; .
<br /> � keep the Property in gnod repair and shaU not cm^fmit waste or permit impairment ot deterioration Ot the PropeRy and shall .
<br /> comply withtheprovlsionsoianyteaseHthisl?eedotTrustiscr.aleasehoidNthisDeedofTrustisonauoltinacondominium ;
<br /> or a pfanned unit devetopment,Borcower sha!4 perform a�cst Ba►rower s obligatlone under the dectarelion or covenaMs =-
<br /> � . ' � crsfHn9 or povernin�the condominlum or plar.�ed unit Gevc�pment,the by-taws and regulaUons ot B�e condominium a �
<br /> pfanned unit development,and coostituent dovr.^enfs.lt a candominium or ptanned unit devetopman:Rder i��xcuMd by
<br /> 6orrowar and recorded to�ether wlth thls Oeed ai Trust the oovenanta and a0reement�of such rider shall bs incorporaNd .
<br /> into and ahsil amend and aupptement the covenants and agreements o1 thls Deed ot Trust as if the rider were a part hereot •
<br /> � • 7, hoMedon W L�nd��'s S�euriry.if Borcower faits to partorm the Cevenants and agreements contalned in thi�peed ot
<br /> '- TruaL or if any actioo or praceeding Is commenced wlth matari�ity aHects Lender's interest in the PropeAy Includinp but not ..
<br /> Iimite0to.emfnentdomain.insolvency,codeenfotcement,orarrengementsorproceedingsinvotvingaban�ruptordecedent
<br /> then Lender 8t lender'�option.upon noticeto 8orrower,may make such appearance�,disburae such sums an0 tske such
<br /> actianasi�neaes�arytopratectLender'siMeres�including.6utnolNmitedto,dlsbursemeato}reasortabteaKOrney'sfeesand � .
<br /> entty uponlheP�opeRytomakerepairs.lflenderrequiredmortgageinsuranceasacondltionofmakingthelosnsecuredby .
<br /> . � � the Dead of Trust,Boaower ahall pay the premiums required lo mainfein such lnsurance in effect unUl such 11ms as ths . .
<br /> ' requir6menttorsuchinsuranCeterminate�inaccordancewiMBorrower'sandlender'aw�lttenagreementorappI�calbstaw. .
<br /> � � 8onpwar�ftatlpay the amaunt of atl moRgage inaurance permiums in the maqner provided under h 2 harsM. � •
<br /> � i Any a�mount� disburaed by Lender pursuant to this paraprapb 7. with interast thereon, a at1 oms�dditionst
<br /> • � � • indebtednaSSOlBotrowersecuredbyMisOeedofl'rusLUnless8orrowe►endLenderag�eefoo�+erlarmsolp�ymentiuch . • ,
<br /> . amaunb al�s116epay�bte upan noUceirom Lender to 8orrower reQue�ting pa ment hereof,and ahall bear i�taresttrom the ,
<br /> � � � j at�o�drsburaemeniattheretepayabtetromtimetotlmeondutstandtng rinc�patundertfieNobuntes�paymentoftntere�t
<br /> at such rate woutd be eonUary to applicabte law,in wh►ch event suc�emounts shall bear interest at ihe hlphest rats
<br /> � permisslblsunderappUcablelaw.Nothingeontainedinthisparagraph7shatlreauireLende�toincuranyexpensearMkeany :
<br /> . - acUen hereunde�r. . .
<br /> • � �, Inpaellnn.Lender may make or cause to be made reasonabie enNies upon and inspecUons of the Pro�p rovldee
<br /> � - ' , thitLandelshallgiveBorrowe►noUCepriortoanysuchlnspectionspeCityingteesOna6tecausethereforerelat"edfoLendeP� .
<br /> ! interest in the Properly.
<br /> . . . '
<br /> , 4 ,
<br /> ' . . ( . _ . ... . - - � - -. . _ ' . . . . � . . ... .. -� ' -
<br /> : �
<br /> . - � ,
<br />
|