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<br /> ' ' . 7. Payrne�. Bortower agr�es to mate aUp�Yme�Qn the.t�es:ured debt wt�ert Buo. Untess Borrower end nder agree o rwlse, any _
<br /> , . �: .� paymertas Loridar roceivea irom Borrawer or�ar Bor►pv�e?s be�1e-iit wll be app115d first Lo arry amowtts Bonower owes an the seWred deDt
<br /> . exd�ivo of iMerost or pdnclpat,seeond to irterest,en tif�irtp p ctp�1. par�a!NeAeYment ot the seaaed debt oceurs Mr any reasan,it wn'U �`;�;,' `
<br /> , • ` �� rtot redues or exeuse any ecl+edWad paymerrc untit the see�ed�iap�n tuU.
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<br /> � . . 2 Sdnims Agatnst Tttte.Banowar wID pay a0 ta:es.assessme038.�and m�atshar�ea ettri4utabte to theproperty when due and wf0 defeqd title :4�°, � •
<br /> � . � . to d�e pt�PertY aeainst eny e!a(nfe wNc�f wauid tmpaU ths tfien of ttUs daed of trust LenQer may requUO Bortawer to assign arry dgirts.elaims or .
<br /> . • detenses whiaA gorrovret may t�ave against parties who supOhl taDor or mamrlals to improve or mairrtain the pruparty. ',•� � '
<br /> .� ;� '� �' 8.U�ea.Bartawer will keep Ne proDerty insured undar terms aeeeytabte to lender at Bortowers e�ense end for Lendsra Denefit.Ail ,, . . .
<br /> , . . insurance po[idas ehell inelude a standard moRgage etactse in favor ot Lendor.Lender wi0 de named as loss Payae or es the insured on any sttch
<br /> ,� . ��: insuranea poGey.Any insurance proceeds may 4eapp tied,within Lendar's discretion.m either the�esto►BUon or�epair of tAe damaged property , :t.< �` ;
<br /> � . or to the seuued deEt if lendar repidioa mortgaga ins�uanee,Barrower a�eea to matr�in sueA insuranee tor as tong as Lender requires. G ,
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<br /> � Y ` � 0.FrafJetty.Borrowar wiil keep the propet�/(n good eonditton end meRe ell�epeks reas+onahty nacessary. . _ � ..
<br /> t� ' =*"""�"? 6.Expcnaea.Borrower a�eos to pay ell fender's e�penses,induding reasonabfe attomsys'tees,it Boaower breaks any�ovena�in tfiis deed :a •,�'�. •
<br /> � ; , of�ust or in any o6dgatton seared Ay tnis dsed M trust.Bonower wili pay thsse amourrts to Lender as provldeR in Covenani 9 of thia deed oi
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<br /> - L�c� . ry 8.Pirior Soc�crtty Utteseste.ttnlesa Bortower first ob�tr�s Lenders writtan conse�Bonower wfii not make or permit any changes co arry prior b�,
<br /> ' .. security interests.Borrowar wiil perfarm ail o!Bortowara obGgations under any pr[or martgage, deed of trust or other seeiaity agreemer►t, -
<br /> � induding Borrower's r�venants to make paymaMS when Que. .. . ..
<br /> ` ' i.Aastgnme�i of Rerrte and Profita.8orrower assigns to teader the reMS and�un�ot tha praperty.Untess Banower and Lender have agreed ' � `' ' ���
<br /> _ • . `,� otherw�se In writfng,Borrower may cottect and retein the rems as tong as Borcower is not in detautt If BoROwer defa�cs, t.ender.Lender's ` �..• �
<br /> ,� � � egent,or a cuurt appohrted receiver maY take possession and manage the properly and eoUect ihe rerrts.Any►rerns Lender callacts shall he z:.!� , .•.. ,�,"
<br /> . applied nrst to the wsts ot managir�g the proAerty,Induding couR costs and auomeys'tees.aommissians to re�l a ertts. and arry other �.: : . ._--
<br /> � ' � necessary retated expenses.The remaining amowt of rents tndil tfien aDDN�P�erKS on tde sectaed doM as provided in�vena�tt 1. , •. ,�-
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<br /> ` . ` 8.leaaelt�Qa•Cos�Qomdniama:Ptaruied ltnit Oevefo�nnn�Borrower a ees w co !y w3th the provisiens o4 any lease if this deed of trust is on '�. '� �~ _ - -
<br /> .� : � � undeStlie wvena�n�b�ws or reguletian�a of the�oondomi�um or pia�n�edeunP�t d�avetap'memnt�•�onower will perfortn afi of Borrower's dutles ' , - _
<br /> ' ' " 8.Audsority at Loifde�to P�rfarm tar Bertower.tf Batrower fails to�orm atry of Bomower's dutiea under this deed of UnisL leader may � ..._
<br /> Qerfortn the dudes or cause them to be performed.Lender may sign 8ortower's name ot pay eny amourt if neeessary for perfortnanw.If erry �'�` �
<br /> . , construction an the property ts d'�scaMirmed or nat car�iod on in e reasonaLie manner,Le�der may do whetever is necessary to protect Lende�s ' •
<br /> _ . . �, ' security interes[in the property.Thia may inefude eomptaUnp the eo�Vuetion. , �F , `�
<br /> � ' Lenders faifure m pertortn wiU not preducte Lender trom exercising arry of its other rights under the law or this deed of trust. �-�-_
<br /> '� '��. AnY amourtts paid Gy LenQer to protect lenders seeuriry interest wIU be secured by this.deed of uus�Such amourts v�716e due on demartd
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