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<br /> 11� � � � � _— _ —___ _.
<br /> UNIFORM COVENANTS.E�orrawer and l.endor cov�nant snd aqrN s,�;�`��i�������ta�a�st In���asg -
<br /> t. P�yrrtar►!of Princlptl�ttid InUnst.e�ow.r.n�i�o�uv w►y
<br /> eviciprtir.�d by the Note ancf late chA�gaa aa provldod In th�Nota.
<br /> 2. Fun�ta Wr T�xai�nd tnau►xncs.SubJact to app�lcabt�law at a wYittan waivK by Lender.Borrowor ri�all pay t�Lerdyr _
<br /> on the day rrsonthiy payment�ot prlr�lpal and Intarust us p�yRbN untior t�Noti�,u��il1 th�Note i�pa�d In iull,a sum{l�arc+in =
<br /> "Funds")equal to one-twe�fth of the yearly taxe��nd�menta(I+Xtu�uW co�°minlum and pranr�ad unit devab�ment
<br /> essessments,li any)wh�h may atta.in p�tority owr thla D�d o111rust,and 9round r�^t�°^�f�Pr°party,it any,pius one�twalfth
<br /> o!ycarly pramlum installmenta for hazprd Insure.�co,plu�onatwslRh ot yeariy pr�mtum In�t�llmente for mort�age insurance, -
<br /> it any,aU as�easonab�Y estimated inftlally and from tims lo Ump by I.e�da+o+'►tha bs�tle ot asse�am°nb and�Ills and raas�abfa
<br /> estimates thereof.Boriower shnti not be obli{�atarf to mak�a such paymeny of Fu+►ti�to Landor to the extant that Borrowet makes _
<br /> such payments to the hoidu of b prlor mortya�e ar dead of tru&111 euch holder b�n inatitutlonal tendec _.
<br /> If Bo�rower payre�unda W Lender,the FunciS sha{I ha ha�d E�an lnstllu!!on tha d��otite a occos�nts oi wh�h a►e Insure� _
<br /> or guarunteed by a Fedsral or stats a9ency(Including Londa�if Lender is such an Inatltutltm). Lender shall apply the�unz�s
<br /> to pay said taxes, assessments.insurance prsmiums and pround renta.Lender may nat charga tor so holding and a�plyin�
<br /> the Funds,analyzing satd account or verirylny and complUng said essessmente and bilis,unleas Lender pays 6orrower 9nterast
<br /> on the Funda and apptbahle law permita Le�der to make such a cha�ge.Borrowat a�d Lender may aqrae in writl��t��e ti��
<br /> of executior�of thls Dsed ot 1Fust thsit tntersat or�ths Funds shall be pa►Id to Borrowsr�snd uniase such�me
<br /> applfcaisl8 l�aw re�u►res such interesl to be pakl,Lender ahall not be requl�ed to p�y Bo�row�anY I�t�re�or earnings on the
<br /> Fur�.Len:�ir s3sa�1 give to RorrowE,r,without�harqs,an annual ac�auntinq oi th�Fundr����d����
<br /> F�n�a,x�t�e�rpose tor wh�h eech dsbit to ths Fund�was mada 4t►e Funds aro pi�ci�ed
<br /> sacureal b�;this peed pt Trust. ie r to the due
<br /> tf 4�e ainaunt of the Funds held by Lender,toyett�with the future mo�thly InataUriw�ts of Fund�payab P�
<br /> dates of t�.ea,assessments.i�surance premlums and�raund ren'ts,ahs�l!sxcs�d ths amouM requirsd to pay�aid tazss,
<br /> assa�srr�►�s,insurance premiums and�round renb as they fal!due.�uch exosas ah�il bs,At Qorrower'a option�either prom{atN
<br /> re�sa;tl to 6orrowe�o�credited to 8orrower on monthly i�staliment�of Fu�1�1 t�he utatll�d�w� FBortowet ah�l PaY Lei�
<br /> nat be s�ia�+lto pay ta�oes,assessments.insu�premiums and�ou Y ui%
<br /> any amount nece9sary to make up the deticlency in one or more payments as Lender me�Y�i
<br /> Upon�,ayment In tull of atl sums secured by this Deed of Trust,Londer ahall Prompth►rotu�d t�Bo�ro�w�sny F���
<br /> by Lender.fi unde�paragraph 17 hereof the Property is sold or the Prop�ty is atherwiss ac4ulrod by lendet�Lender shall appty�
<br /> np later than immediately prior to the sale ot the Property or�ts aWuisitbn bY Lander.any Fund�hekl by Lender at ths time
<br /> of applicatlon as a credit agafnst the sums secured by this Deed of hust. �����Le����Note
<br /> 3, App4c�o��of payments.Unless app�icable law providoe othe+wi��aU P�Y
<br /> ond paragraphs 1 and�hereof shall b�±applied by Lender fkst tn payment of amounb paya�bte to I.�nder by Borrows�under
<br /> parsgraph a hereof,then to interest payable on tho Note,and then to ths principal of ths I�.
<br /> a P�or Mo�ss a�nd Desds ot ltust;Chary�s:LIMS.Borro+�ahall psrtorm al I c�f Botrower's obU�dlons under sny
<br /> mo�tga�a��ieed 0f tn�storathar&ecurity agreement with a Uen whiCh has priority o�►e�thlp Qeed of 1'�uat�UC�+�di�W����g
<br /> covonan�s to maice payments wltien dua Bo�r�er shall pay or cause W be paW atl taxss�asses�mante and othe�chatQss,Rrws
<br /> ana unpositio�s.+amibutablel�utie Fropeny whicn may attain a prior+ty over u�.+oeea ot'Truat.ana aas�hola payrt�snb or aound
<br /> re�b.�aniy.
<br /> 5. tiaaud MwnncR Borrower ahall keep the improvements now extatinp or hsroafter sr�cted on th�Prop�rty truund
<br /> _ ���� �t�.s�ps��le le_v_�liuirwl withiD tF1Y tAr1Y1"W(�Yfld6d CO�l�0�9�`�i�8llC1101�h�Zi�i�L�����I f�QU�O -
<br /> and in six�amounts and fior such period3 as Lentfer may reG:aire. . . . ._ _
<br /> 'The ir�rance canier providfng the insurance shali by chosen by Borrower subjed to approval by 1.��;p�'�►���
<br /> such approva{shali not be unreasonably withheld.Ail insurance poUcies and renewats theroof shall b�in a torm axaptable
<br /> to L�ndor and ahall include a standard rt�ortgaga clause in tavor of and in a form accep4ublo to Lender.Lsr�dK shal�hav�the
<br /> right to hWd the pdicie9 and renewals thereof.subject t0 the terme of any moRAspe�deed of trueR or oth�r seCwiiY apreNnira
<br /> with a lien which has pNotitY over this Deed of Ti�usi.
<br /> In the eveM of loss,Borrower shall give prompt noticeto the insurance canisr and Lender.Le�der may mtic�prooR of loa
<br /> i�not rr�ade prortptiy bY 8orrorwer.
<br /> tt ths Prnperry is a�ar�do+�ed by 8onower.or if Borrower faits to respond to Lender within 30 days hom th�daM notic�fs
<br /> mafied by�.�ender bo 8mnrowe�that the insurance carris�oNers W setUe a ctaim tor insurar�cs�enNits,l:�ndK fs wthaiz�d
<br /> a cdkctana appyti�e insirance a�oceeds at�ende►'s optro"e�er m restoration«repak a the Prop«ty or a ui..�un«cuna
<br /> by this Deed of Trust.
<br /> - 6. P�vatid+�and N�lnta�ancs of Pnop�rty�I�s�holds;Coodominiwes:W�nrnd Unk Ddwio����
<br /> shall kee�3t�ProPeriY in qood repak and shall not commit waste ot psrmtt Impatrment or detKioration af th�Prop«ty lufd
<br /> shall oemp�e with the proWsions c�any lease if this Deed of Trust is on a leaset►old.ii thts tHsd oi�th��drd�rWon ot
<br /> condomir►ium or a pianned uniE dev�eiopment.Borrower shalf perform all of Bonower'a oblpa�one
<br />- �cxe�u��ga�xning tha oaxfomin�um«ptanned unic dev�elopmeM,the b�y�f aws and roqulations a a»oondominku»
<br /> or pianned unit dev�oPment•and oonstituent documenta m the covenants and aqreemenb contalrwd In tha DNd
<br /> � Protection of Lsnd�r'�S�att�iry.If Borrower falls to pertor
<br /> of Trust,or if any edion or Ixcceedin9 is commenced which materially affecta Lender's interest In the Ptopwty,thM I.�nd�r�
<br /> �Eea-�ac"�optiort,uPon notice ea Barawer,may malw such appaar�nces.disbutse such su►ns.includinp tia�onabM aforYwys�
<br /> �e�.arid t�ake such action as is r�ecsssaryto protect Lender's iM,erest.If Lender required maRQa��nauranc�a��condllfa'►
<br /> 03 mak;ng,the ban secured by this Deed ot Trust,BoROwer shall pay the premiuma required to maintaln wch Inwr�na In NNct
<br />_- �wlisi�dtK+mossthereGWrerrosntaarsuchtns�uan�eterrninatesinacxordanoswithBorrower'sandl�r�d�r'swrttt�n�ptwfrfMx
<br /> ar i�ppGcaibie 18n�.
<br /> /1ny art�ounb disbu�,,ed E�y Q.ender pursuant to this paragraph 7,wlth interost thareon.�t ttw NoEs na.shYl!b�oortN
<br /> acfditi�a►ii indebrdness o1 Bozraw�er secured by this Desd of Ti'ust.Unleas BortoMwr and LendK apr�N b dif�t t1rm�of plrynNr�t.
<br /> stu:h amourns sha1J be peyabte upon rwtice�om Lender to Borrawer requestin9 PaYmsnt the»of.Nottttny oOnt�ItNd In tNs
<br /> pavapr.tph 7 shall require Lender W incur any expense or take any action hereu�de►
<br /> 8. �nsp.ctbn.�.ender rnay mawe a cause w be made roasonable entries upon and Uspectlon�a ths Propam►,provld�d
<br /> tha!l.ender shaU g'rve Batrow�er notice prior to any such inspecU4n specifying reasoneble Caui�th�ntOr rN�bd b LH►dK'a
<br /> s inietes�in the PropeRy.
<br />- y�, Cond�mnatbn.The pro�eeds of ar�y award or ctaim ta damages.direct or�ona�qu�nWl,�n oo�ctfon wktt�nY
<br />-� condemnation or other taidng of the Property,a�Sart thereof�ar tor conveYance U Nru of cond�mr�l�tlon,an h�r�bY atli0�
<br /> ' and sha�!be paidto Lender�subJedto the tesms af any mortgape.deed d truat or otf�r s�curlty�qrs�Mw�th�Ils�which
<br />— fu�s priority over this l7eed ot Trust.
<br />— axr�s
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