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<br /> ° 200683 01/U7/2999 �--'>'%-��'�t��..°��-��.
<br /> ST8V8I�•D TI1�8IdS QiBRYL R TIt�'r:ORiS - �•� .
<br /> `� 97� �U��� .. . . � . -
<br /> � UNtFO�t COVENAri'i's. Botrow�r ar�Lender coveBant aad ag�as follows: , ;"�"'�
<br /> w
<br /> 1. Fey�sea3 0? Riaasipd and I�3�. Boaower shall Proa�ttl► P3Y when dae t$e piincipal and inrerest � . ._.,__
<br /> indebtedntss evideased Is�the Note anfl lato ct�arges as pmvided in the Note. � � ' , � __-
<br /> _ � � Z.F c��s[t u�'a a e s e n�i�:rauce. Sub jxt to applicabls law or a wriuen waiver by Leader.Bomnwcr shall pay m � .� .. °--
<br /> ,. I Leadez oa bhe day moatl�lY WYm�ms of F�PaI and interest ue p�yab2�an4er the Note,w a t i l t h e A tote i s paid i n f i il 1.a ; ��
<br /> , sum(heici., 'Fuuds')�Sual tu o,�-cw-..Iflh of the Y�IY mues and assessments C�ctndin8 condominium and plan�ed unit � . ,. �+:�"�
<br /> tents on the Praperty, if - -�==
<br /> .. � d�vveiopmeat a�euts, if any)whic�may�ttain p�iotity csrdr this Deed of Tiust.an+d gconnd , , . , . �
<br /> any.plus a�-tweifih of Y�'9 Premium����!_�for h�d insaiance.Pias o�-twel�ih of Y�Y P���� . . �
<br /> for mortg�e i�v�. ��Y• all as msonably eswr,�ted imtiallY aad fm�dme to dme by Lender on ths f'�of -�
<br />"-r. � assessme,�s and biiis a�d reasonab2e estimaxs theRaf. Boaovrer sl�all�s be obligated to make sash FaYm� , . � .,�
<br /> , . w Ixuder to the exuat that Bosowex�akes such paym.ents to the hot�Pr of a prior mortgage or deed of taust if sach iwlder , ' ' ,��:
<br /> , <.�:
<br /> -- is�n institational tendcr. -:--,- - . --= _
<br /> If Bo�mwer rlays Funds to Lender,the Famd.s sh�ll be h�d'm an institnuon d�d�osits or accou�ts of which are , .• � '�.
<br /> im-ared or gnu�eed bY a Fede�l or state agencY C��B��if Lender�s sach an insnt�on). Lender sball ap�lY 1.
<br /> rents.I.ender uay mt charge for so hotding aud ` � �, •r.�,.
<br /> � th�F�mds w pay said taxes.a�.��P���°� . .., ":.�.-:,.;��;:�
<br /> , * aFP1Ym8�F�• �a 1'yz�s�i d�c c o o n t o r v e r i f y i n� ami c o m g�i r�g sai�l as�essmeuts and M'lls,unless Iender gaYs - . _`�'
<br /> ...,,,,,��.�..�--�,.
<br /> B�uower iate�est on the Fnnds and agplicable law permits I.endgx tn make sarb a charSe.Borrower and I.eBder�ay agree _.,�Y��
<br /> in wridng ai the timf of eaecution of tLis Deed of T�t tbat inderesc on dt�Fina�s shall be paid to Boirower.and untess ;- . - --
<br />: . such a��is made or applisable law requi�es such i�t co be paid,Le�shall not be zeqnited to pay Bosrower � ..�-. �.��;—.::
<br /> ..._��-u;.:_ ,-
<br /> auy inierest or eamings on the Funds_ Ixn+der st�all give to�w5ir�.i eacu debi��ths F�ds�made. The � `. y '���
<br /> _ shawing credits and debits w tt�Funds and th$putpose ':. p�,�'"�.
<br /> . p2edged as addidonal secarit9 for the sums secamd bY this Dced of Trast. `�„�.��.-4-_=
<br /> If the amouat of the Fands held by I.endu,togtther witb the fature mouthty;n�•�,nn►�,n of Fvn�s Payable Prior t� �` : � �
<br /> ... .1 (•,._
<br /> � rems.shali eac�ed the amoanc re�ire�m PaY s� � :�. �'- '
<br /> the Qne dues of taaes.ass�smcnts,i�Pm�a� 8�°d �e , . �-
<br /> �ums and graund cem.s as theY fall due,sach eaces�sball be. at Bomower's apti�z. '---� ----
<br /> ;.,,:� t37[CS. aSSC�CIl2s. 1II�P� r,v�•, • Lr
<br /> �'` •�- eitt�r pmmpsil►repaid to Bouower ar esedited to Bouower an moa�Y insr�l�s of Fnndg. If the amouni of the Fcm�s --_
<br /> hsld by I.andtr shall nnt be safficIen2 w pay taaes.a�.�P���rents as they fall dne. . _ -
<br /> .,.�`' . ::
<br /> Bairower sLall paY to lxnder aaY amount�u9 t°make°p the deficie�y in one or�oore payment5 as Lsnder may � � .,,:,,:.�_.__,,.
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<br /> UP�P1Ymeni in fnll of all sums secared bY d�is Dexd of Tmst,I�ndeY shaU PmmP�Y nfand to Bouowar any Fands v
<br /> held by Iender.If mjder parl�ph 1?t�eof the PnaPertY is sold ar the Pmperty is otheiwise a....�wired by L,ender,Lcader �i i..
<br /> • sale of the or its acquisition by�er, a�►Y Funds held by ,t` '.�r`',`:=
<br /> sh�ll apply.ao laur tban immediatelY F�to the ��9 . • ��.`:.,�.�. -°' _
<br /> _' ' I�eotler ai die time of appticadon as a ctedis against t,��°.�s s�by this De�d of T=ast. ��_' t'`�,� _
<br /> �eo
<br /> 3.AppUcatlon o4 Papm�. Unless appltcs�i.2�ar�+pravides othetwise,a11� ysbli°w Lend�bp 8omnwec -�''', `��':;�,•``.��:,,`
<br /> Note and pnut8�hs 1 aIId 2 heieof sLaU be agplied b9 i.ender fizst i�payment �,.�.� °�,x
<br /> � �P�graph 2�ecw�then to insecest paysble on the Note.and d�c:a to the pancipaY of the Nate. :��;..r'"ti{::
<br />� and Deed�at'I'rash Ci�es; Yde�.L�n.�nwer s�s21 pertotm all ef Bormwtr's obligada� 'a`�"`' :;:;;,;�
<br /> � � 4.Prlor Mort�s �^.�has riori uver ihis Doe�of T�ss. � �"'�`�.•,f���`,.
<br /> . �any mflrtgage, d�ed of aasc or other seauitq agreement vv�a lien P t�► � � ,„ _ .<<,?:
<br /> agre �-.:i`:,.
<br /> .._. ��g Boaawer's cavenwts W make paymenis when due.Boaovsrer shall pa��canSe W be pa�d all taxes. =�-�- .t: `..,.;�':;=.
<br /> w�ich may attai�u a p=iorltq ovcr this D�d of Tinst. x• .:r";;--
<br /> and otheP c�uges,fines end im�OStuons attn'batabte w the Praperty ' ;
<br /> ' � aad leaschold payments ar groand ren.�,if anY• �''�i
<br /> �:' �:.
<br /> S.Haard Insmsnca Bormoc�r sL�ll ketp ths impmveme�s naw existtn8 or hereafter erected on the Pioperty Y �!'':-,;..-�'-- -
<br /> ,,.��.;.�
<br /> ia�:ed yt�ainst lass hy fir.�Ids incladed wIthin rk:te�m'este�ded covernge',and smch other haTSrds�s Iend."r ma� --------��---
<br /> � reqaIta wd ia sur�ama�.ts and for sach pcdods as F�i.°c may reqidre. ��r; rovided, _.'. ._ -"=_--
<br />� �ihe i�v�aace car�er pmvidin8 the insa�ce ay.:i�e chosea by Bo�owec sabjea to apptmal bY p ��-°�"'�.' -� .�-
<br /> d�t sty�b appmval s6a11 not be � nably c�ithHeld. All inR��pollcies snd =enewels ihereof shell be in a foim �i'�` ."',,;;>:r
<br /> ' I., acCept�b2e w Lender and st�all inclnr�a starjdud mortg�ge clanse ir.�fivar of and in a form acceptable w I.ender. I�eader _ ..,;;'. :•
<br /> :'i:'�''� snh'ect to the termg of aaq mortgage.dced of uast or other `''"��
<br /> �+''r�4'��� s h s il l t�ve the a g b i w hold the pol�cies and zenewals thereof� 3 -
<br /> :.if v:43h','. __""__---_-__
<br />:..�'.°�'r�. secaiity agroemen�with s llm which has pdortsy aver this D e e�o f r:nst.
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<br /> . r>5,.:; 1n t7�e eveat of loss.Bosower sha!1 gn+e PramPt n�tice to the insacance c�.�:and x.ender. Ix�er may m�lce proof � -
<br />. : �,;,-. of loss if nat rnade pmmpfly by Boiro��. �Y�~":,-T.,�T-,r.
<br /> .:.;';i,' ,i_,�. , _
<br /> If We P r o p e rt y'is sbwdoaed f�p I{axrawer.or if Baaawei�a s to tespond to Lender w�ai�a 30 days from the date . ,�;' '�y::,.
<br /> nadce is m�31od bq Lender w Bosower tLat the inse.�ance curtes cffeta to seate a c l a i m f or im-�ance b e n e fi t s.L e n d s r i s �� " ��.:�.��-�=s �"
<br /> . �� :
<br /> ... , aathorlmed w collxt and apply the insnrawce P�occ��:Lender's opdon either co resto:adon or repair of�he Praperty►oI ' � ,-
<br /> to the snms secure�1sY this Deed of 1'esut. pp�� Unit Der �t►. y�.'�Y-:-_--`�°� -
<br /> • 6. Prete�rvatlon and NLlntcs�e of Fro� L�ic�t Condominlmnqj d� �'=.�_--=-�=�
<br /> . - ,.:�
<br />.. ... `�� Boaawer sh�ll tceep ahe Pm�pe�c9 ia g+�d nFuc a�d�fl nat oam�t waste or peimit imp�irment or det�rioration of ti�. ,,s,�' �.�t--;;.:
<br /> � co I wltb the�aovisions of s��g t�se if d*is�eed of Tmst is on a teasehold.If this Deesl of Tc�fis ��,,_�:_�
<br /> Pcoperty and shaU mP Y ��,Boirc�sball tm all of Bomower's obli�ti��uder t�° -'"�'T'„",-:"'�-� .
<br /> ', on a unit in a caadomintum or a pla�ed uait deve� P� •- -'_`�'�-�'"��.,-
<br /> ,;':,;, declara8on or covenants cmaHuB or Savemin8 the oonQo�um az p7�m�ed nmt developaoeat.the bylaws an�regulations ��.�_.',,._��-�...���
<br /> nstittAient 4�D�'..mBnts. r'
<br /> ' nf the coIIdominium or planncd unit�svstogment.and wns �'�'�`' ��''`'�:_j�
<br /> nta contaiBed ia this .:,c;�"i,:�.R_
<br /> - �.t,°�� 7. Fratectton of I.Qader's Sececrtty. If Boaower fnils to per.`orm the wvenants and agreeme . ::;�;;.,�,!; �
<br /> 1 i ... :. . �,-:..
<br /> . Dad of'IYast.or if any itCCdon ar paacoedinB is oammencsd which mace�ially affeqs I,.ender's interest in the Propezty.then . :,,.:':,,:y-.:;.,..,,
<br /> � ' Lendes. at I,eadtr's opdon, aWn nodce ro Borrower, may maYe such appeuanas. disba:se such sums. inclnding ��.•.,:=;�,,,;-„�,�„„°,=•-
<br /> � reasonable utomeys' fees.an�d teke snch acction as is�suY�]P����s interes�If L.s�er�requiied mortgaSe -- _-_-- - -. -_
<br /> a
<br /> • insu�aace as a condition of m�lcing the low socured hy this Deed of Tmst,Bo:rowzr shall pay th:p•�*^;,�r e q n i m l to - . ---- _ --
<br />• maintnin sue6 iasutance in effect undl such time as the requimment for such lnsvsaace teimiaates in accordavice with • .
<br /> . , Bonower's an+d Lender's wciaen a�rtment or ap�licable law. £-�:-��'; � •
<br /> • . Anyr amounts Wsbursed by Leirder pn�suant to rhis paragrapL 7.with intenst themon.at the Note:ate.shall become . . .
<br /> ' addidoaal iadebsodnsss of Bomower sscured by this Deul of Tmsx. Untess Eonower an�Lender a�co other cerms of . .
<br /> paymeut. stub amounts s�ll be payxble upon a�ttice fmm Leadnse or take anY acdon tttreunde�r�� thereof. Nothing . . •
<br /> con�ngd in this pusgraph 7 sball require Ixnd.pr to�CUr any expe
<br /> requ r
<br /> � 8. I�pecNon. I.ender may malce or caase t�be made masonable enecies ugon and iasgPSdons of the Prop:rty. �• .,. -
<br /> � pmy}de�that Les�dsr shatl give Borrower norice prior to any such inspection�r�sifgring reasonabie cause therefor related to . _ .
<br /> � ' I.ender's interest in the PropertY. .
<br /> • Neh[atYs2687�3 lU9b originai�Rncar8ed3 Copy(esaaehi Copyt�uatoaer) �$eaors ` � , . � , �
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