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<br /> If the urwunt of[he Funds held by Lender,togethe�with the future monthly installments of Funds pryablo prior
<br /> to the due d�tes of taxes, a4sessmenc�, insurance premiums and ground rents,sh�ll exceed tho amount required to paY
<br /> said taxa. u.uasmena, inauranca premiums and ground tents as they fnll due, such excess shdl be, at Bonower's
<br /> optlon,either pmmptly repaid to Borcower or c[odited to Bomower on monthly installmcnts of Funds. If tha amount
<br /> of tho Funds held by I.ender shall not be suf�cient to pay taxes. assesstnents,iasw�nce pnmiums and Bround ronts as _
<br /> thay f�ll due,8orrower shall p�y to Lender any amount necessary to make up the deficiency in ono or more p�y���s
<br /> ss L�nder*.n�y ra;niro. :-
<br /> � Upon payment in full of ali suma secund by this Deal of Trust,Lender shall promptly nfund to Borrower any
<br /> Funds held by Lender. If under putgraph 17 heroof the Property is sold or the Propem is othcrwise ac4ait�ed by
<br /> Lender, Lencler shall�pply.no latec than immediet.ly prior to the sale of the Property or its xquisitlon by I.ender,
<br /> any Funds held by I.ender at the tiine of appliculon as a credit agunst tha sums securod bY thls Decd of Trost. 6
<br /> 3.Applkation ot Fayma�ts.Unless a�plicable law provides otherwise, all paymenu recelved by i.cndor under --
<br /> �he Note and pxragraphs 1 wd 2�eroof shall be applied by Londer First in p�ymonc of amounts�ayablo to Lender by _
<br /> Borrower under paragraph 2 hereof,then to interesc payable on the Note,and thea to the priacipnl of the Noto. _
<br /> 4. Pdor Mortp6a and Dee�s of Tn�st; Ci�ee; U�. �R°wer sh�ll perform ull of Boaower's _
<br /> oblig�tions under any mortgage, dad ot crust ar other security�greemenc w�th n�fen whi�h hu pdoriry over this _
<br /> Deed of Tnu[.including Borrowar'e covenants co make pAymeats whca due. Borrower ahw�P�Y�� tu aia a p �
<br /> al��axes� assessm�nts u1d other chuges,fma and impos3tions attdbuwble to the Property
<br /> over this Deal of Ttust,and leaselwld payments or gmund rents,i f any.
<br /> 5.�rd Inwrunce.Bor�+ower shtJl lceap tho lmprovements now eaisting or herafter eroctod on the Propecty
<br /> insured�gdnst loss by fire,h�urds included witi�in the term"exta�ded c�verage," and such uther h�zards u Lenda
<br /> mty tequin�nd in such amounts and for such�eriods as Leader mty require.
<br /> The inaurnncx carrier pmviding ihc iruuri� ��it t;. r.�o�..—a b� &rrr���r s„hj�c co aQpmval by Lendor;
<br /> pmvided,thst such approvel shdl not be unre�sonably withheld.All insuraace policfes�nd n�wuls tMroof ahall bG
<br /> ia a focm�eceptable to Lender and sh�ll inClude a atuxlud mortgage clause in favor of uid in a fotvi�oc�pt+b���a
<br /> imder. I.ender shall huve the right to hold the policia and renewsla thereuf�sTbj+oct t T►he�emis of any mortg�o� -
<br /> ,- dad of trust or other securit5'�6reement with a iien whicin uxs p,�v,uy o���...��...,...�.........
<br /> � Ia ttw event of loss,BocroweT shall give pmmpt notice co the insuranca carrier and Leixkr• Len�k�m�y' ��
<br /> proof of loes if not ms�de promptly by Borrower.
<br /> if the PmpatY is abu�donai by Bom°wer, or if Borrower faila to nspond to L�ender wlthiu 30 dsys from tho
<br /> , date notia is m�iied by 1-e�ler tu BorroW�r tt�at the insurance curier offers to settte a claim for lnxur�ntx beaefiu.
<br /> :�I i,a�der is wthorixad to collect and apply the insurance proceeds a Lender's opcion either to cestoruion or repair of
<br /> •�! tye p�opecty or to the sums sa�►red bY this Deed of Trost.
<br /> f. PresaY�tioq aad Matnten�nce of Property: Ldueholds: Cundomloiwms; PW�ned Unk De�e1opo1ata•
<br /> Borrower shall koep the Prapercy in good repair aad sball not commit waste or permit impairment or daterioration of
<br /> •' the propecty apd ahall comply with the provieioas of�ny lesse if this Dad of Ttust is on i le�aehold. if thi:Deed of
<br /> • Tnut is on a unic i�x a couduminium or a pltnned uctit developmrnt. Barrower shall perfotm �ll•of Bomower's
<br /> obliguions under,t�Q�e decluation or covenu►u cnating or goveming the oondomininm or pl�nned unit development�
<br /> the by-lawa and regululoas of the condomintum or plwnod unit developmeat.wd coasticuent document6.
<br /> • �,p�,a�fon o�I,�nder's 5ecudty.If Borrower fails to perform the oovetunu and sgroemeats conwn���is
<br /> Dxd of Tnut. or if any �ction or procoedinB is commencYd which mated�lly affocts Lender's d���
<br /> property� thea T.eader, u Leader's option, upon notics to Borrower. muy make sucl►aPP��,
<br /> sum�,Inciudin8 reasonibk utorixys'fas,and talce auch action u is nea�ssary to pcotece L�ndec'a interac.If Leader
<br /> � nquired mortg�ga insuraax u a condition of m�king the loan xcured by this Deed of Tcust.Borrower etull piy the
<br /> premiuma cequired to maintiin such insurance in effect until such time a� the ro4uiremrnt for such insurmcx
<br /> — •termin�aa in�ccord�nce with Borrower's and I.ender's writtrn�gcocment or�pplicable liw.
<br /> Any�mounts disbursed by Lender purawnt to this pxr�b 7. with interest tlu�eon,u the Note rue.shall
<br /> bxome �dditionai iadebtodness of Borrower secun�by tWs Dxd of Tcust. Unlas Bornower and Irenckr agrx to
<br /> other terms of payment, such anaut►ts sh�ll be p�yable upon notia from Leader to Borrower ro9ake��ny=icti�on
<br /> � u�eceof. Nothing cunta�ned in this paragn►ph 7 shall nqui� L�nder to incur aay expense
<br /> � hereunder.
<br /> 6,Impatba.Lender may make or cause to be made reawnable entries upon and iusPxtions of the PropertY�
<br /> ; peovided that Lender sha11 give Borrower twtice prior to any such Inspoction spocityipg reasonable ca t�t�efor
<br /> ° rel�ted to Lendcr's�tenst in the Property. "�"""
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