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�='�' se._ — ^�..°�Y-. <br /> � <br /> __' <br /> � � �. ..�Q__. <br /> . __r - __' «�� _��,_.. ._-. <br /> n.�y���IIM��. _ , . ' `.F_S`S�.""_„ _---- -_ <br /> ,. �t _ °_��.�_ <br /> ; - <br /> �� <br /> , .,.... _ <br /> 100�95 10/�8/1496 �'.. <br /> F�DBBRT•L� ArGt3gg ff�� �llOa7lGr� <br /> UNIFORM COVeN�►NTS. &�wcr aod Leader coveuoat su►:+�+,Biae s:iaiioM-s: :,v- � <br /> 1. Prryweirt of Princlps! an� W¢a'wct. Bo:mw•u stull pcu�,�►t1Y pnY whea clue t1�e principsl �nd intercst c_� <br /> indebtednesL e�idcnce�by�+e Nate rnd late ct�r�es as pruvided in chcc Notr. =°- <br /> 2.E�ndc[or Taxeo aod lmur�n+¢a• Subject to y�pl�ctbie law ar a wnttea w�iver by Leock�, Borcower shall pay ta � <br /> meats af priaci�ul aud intemt �ue p�Y�uoder the Note.until tl�ee Nat�is paid iu fuU.a �;,. <br /> 4eacler on the day axwthlY PaY � <br /> s�m(bei'ein 'Fuads')e9w�1 to ooe-twelfiL of the yearly taues E this Deed of'i'tn►st, aad grouncl rents on thr Pr�ertY�f `-- <br /> devrlopment arsessmrnts, if auy)which�Y trtaiu Priori Y remium ia�txllu�nts = <br /> swY.Plus one-twelRh of yeuly{ueatium iaswlln�eius for tsara�insuraoce,plus�wMwelfth of yearfy p _ <br /> fcu mort�a�� insursuce. if wy. all �u r�.:s�aahly estimated initi�llY rad fma� dme w dme by leuder on�he basis of � <br /> �ss�essmeaes ud biUs�ud reasonsbk estimrtes chereo£ Borrow�et shall mt bc obligated w n�{ce aich pxYc�enrs of Fwxis <br /> cc Lenckr w ihe e:eent tt�at Borrovver makes such paymencs to the dolder of a prior mo�aQe or dooc►of tcust if s�ch holder __ <br /> is su instiwtional iwdcr. ts or accouncs of wt►icb are <br /> if Borrowa WYS Funds to Lender.the Fuads shall bc 6eW in aa i�stitution thc dePosi <br /> ias�u�c1 or guuaateed by a Federal or sate s�encY(incZ�Lender iF Leader is such an iastinuiou). l.oader sball �pp1Y <br /> tbe Fuads w paY sud taxes,iss�ssmess.iusuraace W'omiums wd�touud eents. Lender may mt char8e far so hoWin,�ux1 <br /> •PP�Y�B �Funds, in�lyzia8 said account or vuifyin,e md comP�llnB s�id as�°��bi11s. udess Lender p�Ys <br /> Borcower interest oa the Funds aad aPPllcabk law pe[mits Leader to m�lce such a cL�r�e.Barro�����yl�n�c <br /> in writino s�trhe dme nf executi�n of tbis Denl of Tn�st t�t isYrsest oa the Fuads shall�����y Borrower <br /> sucL a8reemeat is made or apQlicable law roquires u�imcrai co be ptid.I�er shWl of the Fvads <br /> pny interest or eunin�s on the Fu�s. Leader s�U Sl���which ach deb�t�w the Funds wns made. 'I�e Ftinds are <br /> sl�owin� ccedits aad debits to tbe Funds a� tbe pn�se <br /> ���di�oe�l socsuiry for tbe svms securoal by this Deed of'Cnut. � <br /> If t6e�uaouat og t'��uads held by Leader. w�a witL tLe fuaue m�ui�I.y i�ssatlm�cs of Funds L�►Ysbk Piinc <br /> tbe due dates oi tazes. as�.����g�'°�'��'�e��ara�uat sequ���F� <br /> tues. asgr,�;meacs. ��P�����as d�'y fsll due. sv� �s�slr be. at Bonvwes's aQta�CS- <br /> dtLa Proa�pt�Y npsid t°B°�r or credi�red w Bocrowa on mw�adilY instil(meats of Fuad�. if tLe amouot of tbe Furr�i:: <br /> ixld by l�eader sball mt be svf6cieat w WY ��iusuraace Drem�ums acd g�rd reats as they fall c�e. <br /> Borrowa sLa11 psy w I.ender aay imount necessuY to milce uP the doficiency ia oue or mxe piYm�ncs�Leader maY <br /> ��� tn fall of all s��ms sec�ued bY ttns Deod of Ttu�t.It.odet sL�ll proaiplY rtfuad w Bamwer aay Fu� <br /> UP�PaY�� u otbe�wise ac4ui�e�bY I.�r•l�ader <br /> 6dd by Leader.If uader Pu�rapb 17 Laeof t�e PcoQenY is 9oid or the PropertS'� Fuads ixld by <br /> thal{�PP�Y, no luer tMn immed'saodY p�+w the sak of tbe ProQenY a its�c4�O°by l.eoder.anY <br /> Ltoder at the time of applic,�tloa ss s credit�pdau the wms sectued by thu Dooa of T�vu. �ved by leoder w�der the <br /> 3.�of g7a�e�t�. Ude�s�ppticab�e!aw p�+avldes otLeiwlse.�11 pYmeacs <br /> Note sod p�p1�1 aad 2 hanaf�uli be apQlkd bY l.eader&tt u�paymeat of a�ow�ts PRY�bie w L�edec bY Hormw�er <br /> �aaa p�pb 2 ha'eof.a�eo i�a�pY�b��aK xora.aoa a�a w aK priac�pa of tbe Ivotc. <br /> �. l�ior I�atfa�N�Md D� o�Tr�tt C�'�: �� �'O� � ��of Soanwet's d�lif+tioo� <br /> utr�r�Y�� dad fl4'teu�t or�xT+er�'�+dtY �w'i°'�"e,-' �:»�=""^'M'•" aii t�uei.a�s <br /> �����,r����m�e p�ymeots wlrea due.Honawet s1W1 psY ot catue�0 6e�diis Deod of Ttust. <br /> aad otLa char�cs. f�aad impo�itioa�urib�b�co the Prape�tp wLirb may atain s ptiocitY <br /> aad ia�ehoW p►YQ+eats or�mu°d reats,tf my. or ha'aRer erected uu tlre PiopenY <br /> S. Baaaed tmuraoee. Bocrowa s�ll 1�P�u0a°V� now exiuin� <br /> inwraa apia�t{oc�by fire•haa�ds inclnaod withia ax tam•exteadea ca+«a,Qe'.aad such«ba l�dc as Leader may <br /> aod'un socb an�ouacs�ad for such paiods as Leader may requ�n• <br /> ��'6e i�ur�caaia a'�++�i the�aoa shau 6e cm�a by sa�oa�«subjax w'p�C°"�l by L�oaa:P��. <br /> tL�t svcL�pP�'a'� � aot 6e �mc�aso�biY wit�eld. All ;,,�„-==-� P�ies and reaawals thaoof si�ll be m a 6ocm <br /> w Leadtr aod sLill iacinde a st�a�fcd mo�ti�e c�in fava of�ad ia s 6ocm acceptabk to 1+��. l�eader <br /> �•.:,�ci�u to had d�c -pw:�'�ies and reaew�ls tha�eof.svbject to d�e tamc of any mo�t�e�deod of tra;t ur uthrr <br /> , s�city a�c�xmeat with a lies wl�ich L�s pdo�itY ova tbis Deed of 1'n�st. ��y��f <br /> In t�e eveat af loea.Ho�m'wer s6d1�ive Pcomp�not�c�to the imvtance cusier aad Irender• <br /> ' of ioss if aot mde pcmoptlY bS►Boemw�er• to L.endor witbia 30 dsys fmm the date <br /> If tbe PioQatY is abaadooed bY Bo�row�a• a if Bo�rawa Eails to respood <br /> mcice is m�iled by Irader to Barower thu d�e i�araaoe cairier o�as w s�dtle s claim for iawraace o���y a <br />— a�thoiined to ooilect aod�pp1Y tLe ia�u�e Pcoce�s�I�dea s optioa eitber w res�oration a re�r <br /> to die wmc secured bY d�is Deed of Ttnu. ��� PVmed Udt Dr►alopmats• <br /> i. Yr�aKnatlo� �d Maide�ooe a� Propesi7i ��+ � a daaior�+w of d�e <br /> Bamw�er sba11 icaP tbe Pcopa�tY ia���d sLill mt commic waste a petmi iavpaitmeat <br /> p�nQe�ty aad si�sil co�p1Y v�t�e P�'�+�of my 1e�se tf tLis Dad of Tn�st is oa s lasehWd.If thiz Deed of 1'NSt is <br /> on a uait ia a coodoamaium ar�N�me�umt develoQaoeat�Borrowa st�ll Perfo�m a�1 of Bo�rawa's obii�n�r ebe <br /> dodaraam or cavea�nes crestin8 or�a'��caodomieium or plaaaed uait dc�+��•the by-laws aad rojuladoas <br /> -= of We c•.00do�mi�wm or pisoo�d onit devcbp�at,aad co�itueat documeats. <br /> _= 7. PbotKtio�a�I�'��7. If Bott+aw�et fiils to pt�i�.��,z c�„r�-...��r,r^�e�c�in dus <br /> � Dead of T:tW.o�if aay�cnan a procoadiq�is c,000m�c��b mtta�i�ilY�1.eada�s i�emt ia tbe Pra�enY.thea <br /> — I.eader. at I�ender�s a�twO. � �� W Bamwu. miY m� � �. diw~.use such sums. i�1�oB <br /> = re�sooaHe atwroeys' foa.aad take s�ch actioa as is uecessu�►to Protect 1�ad�r s i�erest.If Leada required� <br /> � ���:r.�s��±a of muidn,�tLe loaa securod by t�is Deod of Tn�st.Bormwrr slall paY the Pc��with <br /> — maianin wc6 imvraace in effat uatil sucb t�me as the requireaxat for wch insvraact termin�tes <br /> �" Boaowa's aad I.eader's wriuea agreemrot or apQlicable law. T.vri�iaterest tlYZeon.u the Note r�te.sitall boccwu <br /> '� �y a�����bY��to dus p�aph w od�es terms of � <br /> �� �dditr�oaal indebtedaess Qf Bo�mwet secured bY this Dood aaf Trust. TJaIess Bo:roarer aud I.endet a�ee <br />--=� PaYm�t• such aanants shall tx payabk upon mtsce fcrxis Lxader ca So�towa re�.l�tin8 WY� ��£ �� <br /> '.• coavi�d ia t6isr 1zan�CSPi��s�ill i�9ui�e L.eeder w iacur ang es�ease ac C:fce any xti.ac yereuackr. <br /> ltader m�y m�ke or caase to be mde tason�G: eutries upaa wd ias�a� of the PcmpertY. <br />,�: 8•��• on ces�sonabk�use tHemfar ceS�ted to <br />- pmv{cied+�t Ieader shall pve Boaower nodce priiur to aay sucb in�xd s�C�ttB <br />_�;�a I.euc�.�r's iiuerest iu the Property. <br /> �. <br />_.�1 :scur.::2�7b-2 s�s Oriqiaai(Aacnrd�d) CopY(8raachf CeDY(Cwtoa�r) r,�e 2 ots <br /> "' 1 -- <br /> . <br /> - , _ _ <br />