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<br /> thcn to intcrost payablc on tha Notc,and thc�lo Uio principul af thc Notc. � �(��3 � �
<br /> 4. Prbr Mort�u�cs and�ceds or Trust;Chnrg�.v;➢.icns. 8orrowcr shall perform ull u�I�orrowcr's obligauons uhdcr any� �
<br /> mortgagc.dced oP uust ar otlicr sccurlry o;rccment wid�u 1'rcn thut has priority ovcr this Dcui of 1'rust,incluciing Dorrawcr's covcnanis
<br /> to muko paymcnts whan duo. Sorrowca shall pny ar cuusc to ba paid ull tuxes,asscssments and othcr chargcs,fincs ond impasitions
<br /> uUribuutblc to t6w Property which may ntlain n priodty pj�t�#�De�A of 7Yusb and lcuscltold pnymcnts or ground ran�s,if any.
<br /> 5.Ha�+rd Insuraace. Bocrowcr shalt kcep thc improvcmcnts now cxlsting on c�rcuttcr crcctcd on�ho Property insurcd agninst
<br /> loss by firc,haza.�ds includcd within tha tcrm"exbcndcA covcragc",and such othcn c�izzards as Lcndcr may rcquiro nnd in such amAUnts and
<br /> , for such putods as Lcndcr may rcyuirc.
<br /> • The insurunce cfurler providing the lnsuranco shall be chosen by Hoaower subject to approval by Lender provlded tlwt sur,h
<br /> �� upprovul shall notbe u►ueasonnbly withhald. All insurance pollcios and renewuls thereof shall be In A farm acceptable w l.ender and shull
<br /> .:�«�"�� includa n standtud mortgs�ge cluusa In favor of nnd in a form acceputblo to Lcnder. Lcndar shull have the right to hoid the pollcies and
<br /> '� renewals thercof,sub}cct to 1hc tcrn�s of en�r matgage,deed of taust or othcr securIty agreemcnt with a llen which has prtorIty ovcr this
<br /> Deed of Tnut.
<br /> Ia the event of loss,Borcower shall gi�e prompt notice to the insumnce caaler and I.ender.Lender may make p�oof of loss if not
<br /> . ;�,
<br /> mAde pmmptly by IIocrowcr.
<br /> „ � If tho�'roperty is abandoned by Boirower,or if Bocrower faiLs to respond[o Lender in 30 days from the data notice Is mailed by '��,�?+,._
<br /> � Lenda to Borrower that the Insurnnw canier offers to settle a claim for insurance benef�ts,Lencber is suthoriud w collect and apply the
<br /> E insurnnce procccds at Lcnder's oprion either ro tlte re.ttorntion or the�pair of tho Property or to tho sums secured by ihis Mortgago. ��a.t `
<br /> � ��.�v
<br /> 6.Preservation and Maia4enance of Property;I.easeholds;Condominiums;Planned Unit DevNopments.Bo�rowu shall �'.
<br /> •�T`.s.:
<br /> � koep�he Property in goad repalr and shall not commit wasco or pe��ut impairmcnt or dcterioratian of the Prog�sty and sh211 cQmply wtth �_"='�"
<br /> t � the provisions of any tease if this Deed of Trust is on a leaschold. If this Dced of TYust is on a unit In a condominium or a planned unit ' � : -
<br /> develo pment, Borrowcr shall perform �Il of Bomo�vra's obligalions under th�declaratian or covcnants creadng or goveming the
<br /> .,,,.�.-
<br /> � � �• condomialum or planrk�l amit development,�he by-lAws,nnd reguladons o f t h e cc�n t�:�r n i n ium orp l a nn e d«n it devo lopmen t,an d c on s d w e n t _�e_.,,�;;;�r
<br /> documents. `.•iR<�
<br /> ��' ��. 7.Protecdon ot Lender's stta�rtty.If Borrower fails co perfa�rn tha covenants und agreunents conts�ined in this Deetl of Ttust i=�:,_..
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<br /> .or if any action or proceeding is comm�nced which maserially a�iccts 1,.ender's intarest in tho Prope�ty.then Luider.at Le.r�kr's option� �,�_F'
<br /> , ,' `�; upon notico to Aoerawer,may make such appcarar.crs,clisburse such sums.ineDudJiing r�easonnble auorneys'fees,and take such action� �;�„i__
<br /> �r is necessary to protect Lend�s interess. If I.ender i�qulc�martgagc�svcr.r^.,.c�s»randition of m�ng�.hn�oAn�o_rcured by this Deed of �_,-.,.__
<br /> ��� 'Prnst,BorrowershaUpaytheprern9umsrequestedtomaintainsuchirsguranceineffcctundlsuchdmeasthenquirementsforsuch9nswance --
<br /> � tanunaus in acwnua��c�viiSi�o,'�wrs's.:std L.ett�.�s Wrii!Rn a�rxment or noolicable law.
<br /> • � Any amounts disbursed by Lender pursuant w this paragruph.wfth interost theccon,at the Nou rake�shall bocome odditloi�el _
<br /> ��� indebtedness of Barmwer secured by this Mortg,age.Unless barrow�r and Lender agroe to othcr tams of payment,such amo�u►ta s�all ba
<br /> ' : ;, . payable upon written notice from Lender to Bornow�r requesting paymr,�t t9►e�caL Nothing contnined in this nasagreph 7 sh�li requae
<br />�::.�.;1.;��;,;; Lender to incur any oxpen4a a teke any ection theneunder. __.
<br /> � `,�:��. ' S.Inspection.Ler�dermaymakoorcausowbemadereasonab]eentritsuponandinspectionsofthoPro�ecty.Pcovid2z��twtLenda
<br /> .. .. � . sda11 giva Bamwa notke before any such inspection,spocifYinB re�onabDe cuuse thecefa nlatod to I.enda'c iatarest!n tho Pro�eriy.
<br /> 9. Coedetneatton• The pe�oceeds of any award oz claim for da�nnges,dir�et or conseq�endN,in connee@otf wIth any _
<br /> . �"` candemnadon or ot]�er telcing of the Property,or part t1►err,oP�or fa eonvayanccs In Ileu of condemnetion,pre haneDy assigrtad and chall be
<br /> . �' paid W Lender.subjcct w the tesms of any mortgege.deed of trust ar oihcr securIty ag�eement wiifia alien which has prioricy over this Doed
<br />':;.,. .:. ...�." of TiusG
<br />�`-- "`��� �` 10. Borrmsm3 Not Relepsed;Forbearance By L+ender Not q WAivsr. Hxtension of timo fa payment a modlficetion of
<br />=-- � P amoiti7ationoft�esu�ssxuredbythisDoedof'IYaSt�tantedbyLendertoanysuccessorininterestofBarowarshallnotoQeiatotorelea�e.
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<br />�u--o,.,y.r,�;i;;� in any manner.the liability of dte original Iiorrower and Borrowe�s successo:s ln intat�: L�nder s�all aot be mqa w commence ---
<br /> �'� �:r<•�^;' proceodings�instsuchsuceessororrefusetoeaetendtimeforpaymeataotherwlsemodityamonizationofthasumssocuredbythtaDoed
<br />- .•''"F�_.! A
<br />_ of Tnut by reason of any demand mada by the aigtnal Bo�rower and Borcower's suocessors in intanst. My focbearanca by Lender I�i
<br /> T�f•�" . eaercising u�y righE or remedy hereunder,or otherwisa sffotded by appGcable law,shaII not bo a wuverof or p:ocluda ttw eaercisa of eny =
<br />- _, ''..'= ... such right or t+emedy.
<br />'_.x�,��..,_, 11.Suaces,wrsandAssignsBound;JdetandSeveralLtabUity;Co-Signers.Tt�ecovenantsandagrcameatshaeincontaiixd --
<br /> .;J�,,;,.t- shall bind,and the rights he,mausder sha11 inuc�to.tho respecdve suocessors and assigns of Lendo,r end Barower�subjact to the pcovisions ____
<br /> -�:!�-�-. • of paragcaph 16 heroof. All covenants and a8cr,e��ents of Bomowu sl�all be joint und several. Any bomowrr aho co-signs tl►is Deed of �.
<br /> ����� 1Yust,bnt d�es nat oaccute tha Nota,(a)is casigning this D c e d o f T►v st o n ly ao grant and convo y thzt Barower's intaest in the Pr o p a�t y =
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<br />- � ro Tirustoe undcr thc terms of this Deed of'Itust;(6)is not personally liable on tho Nota or undor thie Deest of'IYust;nnd(c)a�ees th�t _
<br /> � Lendu and any othcr Bormwer muy agreo to oxtcnd,modify,forcbcar.or make any ahar�ommodations with raRard to the temts of th�s ___
<br /> �� � Dced of Trust or the Nste without diat BocmwePs consent and without relcasing thnt Botsower or modifytng this Aeod of Tnut as to that __- -
<br /> Borrower's interese In tha Property. `�"
<br /> • � 12.Nodce.Bxcaptforanynoticerequiredeuiderapplicablolawwbegiven�anothermanner.(a)any��ricetoBormwerproviAed �:"=-_
<br /> :' for in this Deed of Ttust shall bc gtven by dclivaring it or by mailing such notica by cutiC►al mail addre�sed to Bonower at thc Nropaty �;-�_
<br /> � . ,.,, � Addmss or nt such other address as tioriower muy designate Dy nntieo to L,cndcr aS provtded heretn;and(b)any ncx�tce to Lehder st�all be -;:::�:
<br /> .�%�*.
<br /> '�'�'�. given in tivriting by cectified msul to Lendas's addcess steted hcrein or to such other uddress as Lender may designaus by notice to aorrower ,. ,.:..,
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<br /> - :.
<br /> as provided horein. Any notice provided for in this T�c.cd of Tn,si shsll ba decmcd ta t�avo bwa givcu w Bnrrower or Ltnder whCn glven :��;i�:
<br /> <... •. �>; in tha msuincr des�gnuted hcrain. •`:
<br /> _-.-r_- ___. .._._._. __. .. .. _ .__�°__u_�.tt.f��a..tT�.�.J...ff f.�d.�t«..swCNu i..►iedint:i.n . .. �
<br /> T� � 1.3. Govera'in�Law;SeverAbtlity.1T1CSlflICBAUlORt11lw�uj7j7ttt�uvtowuua+iwuva aaw►w.wuw�..v.o..o........�.�....-.....-• --.--
<br /> '� � • in which tho Property is loCatcd. In tho event that any p�vision ar clauso of this Deed of Trust or the Nous conflicts with appHcublo law�
<br /> ,' sach contlict shall not affect ether provistons of this Deed of Tn�st or tho Nota which can bc�iven cffeGt without tlxs contlicting provision,
<br /> and to this end�he pmvisions of this Decd of Tcust and tha Note are decicu�ed to ba savernble. As used herein,"costs"."wcper�ses"and °
<br /> "netomeys'fees"include all sums to the eatent not pcotubitsd by nppllcable law a llmited hnrein.
<br /> 14.Barrower'sCopy.Borrowershaliba[urnishedaconformedcopyofthoNoteandofthisDeedofTnutatthatimeofexccuaon
<br /> or after rccordadon hereof.
<br /> 15. RehabiliWtioa Loan Agreement. Bomowcr shnll fulfitl all of Borrower's obligntions under any home rehabilitadon.
<br /> improvement,repair oc other loan agreement which Botrower enters into with I.ender.Lender.utLender's aption,may requira Borrower
<br /> to eaccute and delives to Lender.in a fortn acceFtable to Lender.an assignment of any rlghts,clsdms ardefenses whlch Bomower may hava
<br /> against parties who supply labor,materiWs or services in conrecction with�nprovements mnde to ttw Propecty.
<br /> � 16. Transfcr otthc Property or a BeneRcial Intcrest in Borrower.If ull or eny part of thc Property or nny interest in it is sold
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<br /> euc�.u.s��xe•reun��i•oww teM•n�w�
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