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<br /> -r:: �Y(��p�«�i(t�idM is wCA an hsWluUOn�L�Wer sh�ll apply 1he lundR top�y ssi'�hx�s.as�ssme�. " ` ' . .
<br />�1 ' ' inwtaaC�Pt�rt��r�dOroundt�nh.L�ad�r nOtcMrafo��oholdin�u�d���glttaF -trnd�.anaqatrpsaidaccount
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<br /> • ' � � �rn�LN�dMbn�t�luchllctwpR.BortowKand �l�MinMrtiEin0at1h�timsof�x�CUlionoftltisDMddTrust - • •. � `'�.�
<br />-- �� ", _ - ' ifrt inNrMt on�Fundalall bs p�id b Borrv�.�nd uMa�s wch sa��E is m�d�er��I be Isw sucts _ ,- . . • �` •
<br /> � ` � � �6s out��r��a�wlae��oflheFu��in�«�dMbiea�wll�isFu�•nd�pu��Po efa . . ` ' �� .
<br /> - ��:,•- �a�chd�bitbfhsFundawasm�.Th�Fundsareplad�d��aae�ditlonai�ecuriA►iathssumsseeurodb�thisDeeOof ,
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<br />- ..-��-_ -,� �-�.� aa.s a��••Mrt�.Uau�anc.w«niums and gouna reMS.sA.11 sxceee ths amoune e�squirea t�pay�da tsxea. �:
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<br /> '�.;... .-..,`�.,_.�, . �b�aulRci�ntloptyWces.�a�n�end.inwt�r�cepremiumseind roundnMsasiheyiaitdue.Bortovrarstta(1 � '�;;'�,�..
<br />�, ..�,t,^-y-µ,�`.,� BortowK����P�Y�t����e up the dsll�clt within 30 days�m ihe d�ia notic�is mailed by LenOer to �- �. ; -'`�,�:
<br /> r �E._:-• Uponp�yn��hiultalaHwmss�cuasdbY�isD�aOMTrust.LendentWIP�WYrNundbBorroweranyFundshetdby �� - -
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<br /> ` � � - �� Ls��.IFurid�rM�➢raphlStNteoHhsp�p�y issotdathsProp�tyisothawlssacquiredbyt�Wer lendesah�ilsppty. �� --
<br /> - -,-'t• " : oolaM�lh�nlnMn�d(MNyOriabth�a�alfh Pe taperNorib� bB�a�de►•andFWMahsidDyt�nQevatthetimeof '. . _�-=�
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<br /> ;�,•,S« �pp��yOn as a r.��lit ap�k�!tll�lulll�lrCUrad by Utis L?eed of'fre� � � �
<br /> _ :..��F'�;=`� ►a�.Unlsssappi+cabislaw dherwise�altpayme�ts�eivadtiY�enderu�lAeNote � .. _
<br /> , • �E;:; • snd �,�p��1 and 21�eo shatl bs applied by fi�st in payment of amourAS payabte�o Lende►by Borrower unde� ` ".-°3
<br /> � � raay�K�2"herao�tl�ntoinlerostpsyableantbeNote.thentotheprincipa4oflheNote.andthentointerestandprincipalon �_ .• ` ` �
<br /> ._ .�.�.._._�..,7.�� . a�ny FulursAdvanCM. _ � ._;: _ ,
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<br />. . . , ��LIMN.9orrowersahalipay��il�ces,aasesart�enlsandother�-ar�es;finesandimpos�tionsattributabtetothe �� �,�- ' ,��
<br /> ". fii�!►msy tl�ain a�ove►this Oeed cf Trust.and leaeeho�d PaYments or y�ound rent�,if any.in the manner ; �
<br /> - . , ap���pp�a� 2 or.it not D�1d in auch manner.by BoROwer makirgps YmenR when due.directly.to the F.-
<br /> • psYeetheraot.Borrawe�ihall promMl�tumiah m Lender all notices of amounb due unde►Mis pa�a�raph,and in the event ( . �=,-�
<br /> gurrorrer ahdl make nnent diroctfy.Bonower sha�i promptly tumish to Lender receipts avidencing suchpayments. i ,
<br /> . , , ' g��.�I�dischw�e any lien which has priority over thia Oeed of Trusx provided.lMt Borrower ahs0 not be t � _
<br /> ' � � �iedto wcbU�nsolonp�s8arowerstWls�rosinwridrgsolhePeYmentoHheobli�ationaacuredbysuch �
<br /> . . ,. �����a�p��R;RQppd aifh cpnt�t such i,er*_by.pr M1srb entorcementat such lien in,feDa1 �
<br /> . � 11he e�Oroement ol the lien o�brte�..sne of the PropeRy or any paR thereof. + ��
<br /> 3.lis�d i�e�.8ortowar shatl krsa 1hs improrrsmsnts now existin�or hereatler ecected on me Praperry inwted [ , ,' �•
<br /> aqa�s!tosa byfi�hfrards inc1u4e0 within t1�d tarm"extended coveta�e°,and aucb otlur hazards as Lsndef may rsquire � Y.
<br /> ta m
<br /> and in wch�mounb and b►wch��as Lender maY roquire�proviaeQ.that Lenae!st�aa notroq uirs that the amount of , � - ::,,
<br /> . auciy cov�s�s�s aocce�d thtt smount af ca�aqs require0 W DaY the aums tecnred bp ttsis tieed ot Trust ,;
<br /> ' Thiainsunncecarrierprovidinpthsinaurancss(�alibechosenby Borrowersubjscttoapprovelby Lender;provideA.that ',
<br /> �" � auch approval shaDnot Oe unreaaonaWy withhetd.AU premiumson insurar.cepolicies ahalt be paid in che ma��er proviQed ' i �,
<br /> • ��pa�ayrapb 2 hereat or.H rtot paid in auch manne�,by Borrower ma�ing paymen;wNen dua.directty to the insurance } . , 'f•
<br /> , ' cartler. �
<br /> � All inwrance policiesand renewata thereot shail bein torm acceptabteto lende�and ahatl inctude a standard mo�ge
<br /> � ' clauNiafavaofan0infam�cep tabteto4ender.lendershatihavetberighttohofdthepolicie�endrenewalsthereo,and '
<br /> � BorrowershallpromptlylumishWLenderailrenswalnoticesartCalireceipbolpaidpremiuma.lntheeventoltosf.Bor►ower {
<br /> � • she0pivsprpmptnoUCelotheinwnnc�aaieraadLender.Lendermaymakeproofotlossitnotma4epromptlybyBoROwer. , , .
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<br /> ; � u���nd�and6oRayrerplhe�wiseA�reeinwrltin�.inaurance roceedaahallbeapplisdtorestoraUonorrepairofthe r
<br /> � . ; propsrty dampsd,pn�vided wch resto�aUon or repair is economica�lyteasibts an0 tha�scurtty of mis Deed ot TrusNs not i
<br /> tl�sr�by impair�d.N wch restwetion or�epair i�not economically feaaible or if the security o1 fhis E)eed ot Trust would be
<br /> • � � impairad.the Inw�nce procesds shsil be applie0 to the aum�secured bY this Oeed ot Truax wlth the exca�.if any,paid to i •�
<br /> • gprr�yrer,H�hs P�ryopsRy Is aparrdened b�r Bonowe►,o►it Bo�rcwar tafis to res nd to l.ender within 30 days nom the date
<br /> po !
<br /> '.�:�'t. ' �ONCe is maiNd lender to 8anower tfiat the insurartce carrier otfers to settle a cla'r�s for inaurence benefits,Lesrder is �
<br /> � � authorized b colbetenE sool�r ths inw:anca proceeda at Lenders optlon either to rest�s�on or repair of the Prope�ty a to
<br /> � ms wms secured by mb Oeee oi TrusL ' '
<br /> UniessLanAsrand8orrowerotherwhee�►eeinwritin�,any suthapplicatlonotprocaedatoprincipashatlnotextendor % ..
<br /> pos�ons 1M due dnts ol the monthiy insteltments reierred to7n paragraphs 1 and 2 hereot or Chanpe ihe amount of auch -
<br /> nl stfl�menb.N undar para nph 18 hersolths Prpp��is acqufred by Len�er all r��hL tltle and interest ot 8otrower in anA to � ' .
<br /> ',;: anylnwrancepoliCi�sandinandtothsptaceschlhereofresultingtrom�ama9stod�ePrapertyprlortothelsboracquisition
<br /> •� ���p�b Lende�to 1hs exbnt of the aums aecure0 by this�eed ot Trus1 Immediately prlor to such sate or acquni�"son. ,
<br /> � � �. Pn�ralto��ndMaYrNnane�W►ropNly:NMM�otds:CondomNauna:Pla�x�fUnNDwNopn�M.Bortowecsfi811
<br /> � � keep fhs Prope��n pood�ep�ir and ahall rtotcomml!waate ar permit impairmeM ot deterioration ot the Properiy and sha11 ;
<br /> � cpmpty wlththeproviSionsoranytesseilthisDeedofT�ustisonaleaaeholO.NthisOeedotTrustlnonaunitinacondominium ,
<br /> � ' or ap(annea unit devetopmenL 8orrawer�hail perforr�vatl ot BonowePs obllpaUons under the deetaratlon a covenanb . .
<br /> � creating er ovemin�the condominium or ptanned unit devetopment,the bytaws and regutations�t�he condominium or , .
<br /> � pIannet!un�devetopmer�and constituent documessts.tt a condaminlam ar Qlan�ed unit devetopment rider is excuted by _ .. ____
<br /> � '`•� ' � 8orrawer and reeordedtopether with thi�Deed ot Trus�the covenant�an0 apree�merttsa!suob rlder shall be lncorpa►�tad �
<br /> '� r '�" - ' � ir.�and sh�tl amenA and supp�ement the covenanv and agreements o1 tht�Oeed of T�:�t as if the riCer were s paA kereot -
<br /> � . ' . �. �roNCyo�dL�P�i�cwMy.t1 Bo��ower tailato pertorm the covenants and agreemenhs cor7+ned in this Oeed o1 : •
<br /> Trust.oritany ecUonorproceedln�tscomrr�ecedwitf►materiatryallecblenQer'sinterestinthsProp�'y includin�but�ot , . •
<br /> � Ilmitedto.eminantdomaln,tnsotvency,coCe e^'BrCemenLoranangementsor proceedings invotvl�g a ban�Crupior decedanl.
<br /> � then Lender a!Lender'aoAtlon,upon notite to Borrower.may mafce such appearances,disburae such sums and take such •
<br /> . �• f ae�onasisnece�aerytoprotectt.ande�'alnterestincluding butnotlimitedto.disbursementofreeaonableattor�ey'afeesand .
<br /> • rjntry uponthePropavtytomakerepair�.IlLenderrequire�r^art age�nsuranceasaconditionolmakingthetoansecuredby
<br /> s the DesQ ot Trust,Borrawe�sttaai pay the premiuma re�;;red�o maintain such insuranCe in eftect until such time as the
<br /> ' � requirementloreuChinlutancetermi�ates+�aCCOrdancAwdltBorrower'sandlender'swrittenagreementorapp�iCelbelaw. �
<br /> � � Borrower ahaitpay the amount of all mor�a,e'snsurence permiums in the rnanner provided under paragrapb 2 hereoL
<br /> • Any a�mounts disbu►sed Oy Lender p�r�;:ant to this parapraph 7,with interest thereon, shatl become additional
<br /> indebfednes�oiBonower securedbythi�GeEdof Trust Un(ess Borrowerand Lenderagreetoother termsot paymenL such
<br /> � Amounb shall be pfyabte upa�notice irom Lender to 8arrower requesting pa�rment hereo},and shall bear interest trom tha
<br /> � ' Aateofdiaburaemenlattheraiapaya�tetramtlmetotimeanoutstandingprineipalundertheNoteuntesspaymentotinterest •
<br /> - � af suCls iate woutd be cnntrary taspplicaE►e taw,in wP.��3f event sucb amounts shall bear interesf at 1he highes!rate
<br /> �. • � , permissiblbun4atapplicsbie�aw.NothmgconteinedinthisDaragraph7shailrequirelendertoincur�nyexpenseortakeany
<br />. � actlan hereunder.
<br />, �,IA�fton.Lender may make or ceuseto 6e made reasanable entrles upon and Inspections ot the ProperN.provided
<br /> � thatl.endershall�iveBOrrowernoNcepnartoanysuchi�specUonspecifyingreasonabteoausetheretoreretated�o�ender's
<br /> � . . " interest in the P�aparty. .
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