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<br /> - .�..� If the armoimt of the F�w�s hetd by Lender.mget�er avith the fiiture montlily�n.anmen R of Fundg payab2e pri�r
<br /> - co t�e du�dates of taxes,agsessm�ts,iasuranoe premiams�d ground cents.sha3t e;�3 tLs amowu ie4uirea to pay ��'
<br /> `. '�V���`°� said ta�.ass�smQn[s,imurauce prennhims and ground rents as theY fall due.such excess sbaU be.ac Bo:rower's ,.,,�;.;
<br /> ' ; optIon,either D��P�Y�aid to 8orrower or ccedited to Bonower oa moa�hty instailments of Funds.If the amount F x .
<br /> .,: ' . �, ,,`� of the Funds h�id by LeadEr shail not 6e sufficient m pay taxes.��s,��P�ums and ground reats as �,,
<br /> diey faU dne.BarmRrer shaIl pay to L e a d e s a�►amaun t n e�s a N w�u P t h e d e fr c l e n c y i n o n e o r m o r e p a y m e n t s .,1.�:`"
<br /> ` as Lemdxs may tequiie•
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<br /> ',;; a payment ia fiill oi all sams sea��ed t+Y tbis Daed of Ttz�st,LEnder shaU pmmptiy nfund to Botrower any ,,�,,v...
<br /> _,� Fimds ae2d by Iander. If w�der gatagra�h 17 hrreaf dte Pcopetty is sold or ttEe Property is othemr�se aoquiced by � :
<br /> or its aoquisit�oa by I.endet, r,, Y'
<br /> ," ,-: Ixader,l.eader shaU appty.no tater th�a im�sdiatelY Prior to the sale of tht Ptogerty ��'..'
<br /> ,. ' . aay Fands hetd 1sy Lender at the tima af�plic�tan a4 a credii agaiau the sums seaaued b3►t9�is Deacl of Tmst. = V
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<br /> � 3.t9pp�icatian ot P�yments.Untess applicable law pmvides otttec�se.all payments received by Ixuder under 5 f�r�trP-
<br /> of amonnts able to L�nder by 'k:-'
<br /> , " - the Nute aad paragraphs 1 aad 2 hereof sba116e applied bY Le�ear�tet ia payment DaY r^pt���.
<br /> • Banawer under gaca�rapb 2 herenf,then to interess pal+able on the Note.and then to[he principal ot the Note. . ��s.y:
<br /> _ ' � :. :'��' 4. piior Mortgages and Deeds o!Tcust: C6arges: Lieas. Bormwer sball perfozm all of 8orrower's ;�==='.`
<br /> ` "`°' o83igat�ons undet auy mortgage,deed of uust or other secucity agreemen�with a lien which has prioriry over this „�
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<br /> .... �. Deed of Tn�st,includmg Borrower's wvenancs to make payments when due.Borrower shall�ma= attaiu a rio�rity
<br /> , :..'�� aIl taxes,assessmems and atLer d�atges.Snes and imposittons atm'bntable to the ProPeriY Y �:-=
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<br /> ,;�. over this Deed of Tnut,and teas e h o l d paymeats or g c omW rents,if wy. �-_
<br /> : 5.Haa�N��c.Boirower sha11 toeeP the�mPI°vements aow eaisting or here�fter ecected oa the Pcoperty �,_
<br />-. :�.:_..,:�_ �ega�n,yt l�s by fue.ba�atds iacluded aitLia the teim'escended coverage.'and sucb other�ar�+ds as I.Ender �r��,.
<br /> :�: may r¢quire and in such amounts and for such periads as Lender may�eciui�. , -_
<br /> ;s.; 'l�e imsuiance cazrier providiug the insnraace shall be chosen by Bonower subjecc w appmval by L�r; .�..
<br /> : ;,,, pmvided.that suc�approval shaU not be uareasopabiy withheld.AU iasurance Pulides aad renewals the�eof s�aU�•. � . � __-
<br /> � ;�r". in a form a�eptabte w lrnder and sLall include a s[audard awrtgage ctause�in favor of aa8 in a form�ptable t� ' , �
<br /> , ��; Len�er. Lender sball have the rigbt w 8o2d the palicies aad renewals th�ssanf,subj�t to the tetms of a�iuortgag�. . s -
<br /> . ;. wlth a Iten ahich hag prlorlry over this Dced of Tnut. `4 �
<br /> •<° deed of tiust or otber securiry ag�t
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<br /> , '�`.'ra�:'� I n t h e ev e nt of loss.Bflrrower shall g[ve pmmpt nosioa to the insurauce cazrter aad L�nder. Leader may make' � � -- --
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<br /> �: �7�;'�;; gmof�of loss if aot made P��PUN t+Y Bormwer. ._.
<br /> �• If�e Propeits►is abandoned bY Borrower.or if Borrower fails w respoad to Lendee within 30 days fmm the �
<br />- . �`.`�, daze nottce is ms�iled iry I.ender to Borruwer that We ins�sraace carrler offers to setfle a ctai�n for iastaaace benefits,
<br /> Lender is aathorized to oullea aa�apply the iaaurance gmceeds at Lender's optioa either to testoration or�pa�r of
<br /> '� �Tuc F:�ny ar ta t�attas s�i:y tt:s Deex4 of T�ct. �-
<br /> '�` 6.PreseivaHon and Maiateaanse of'PcoperiY:l.eace�aaaldg.Condamtaium�'Ptsnned Lia�tt Developannen4s. --- _,__
<br /> g����k�p Q�e pmpercy ia good re�air and sLail not comunit waste vr penNt impairment or deterloradon og
<br /> �� •� the pi,apeicy and shaU wmply v�nth the pmv,sions of any_Iease if tbls Deed uY Trust is on a leaseDold.If this Deed of
<br />=- � '� 'Pnut is on a uwt in a oaadomInium or a planaed umt develo�ment, Bamower sha11 pertorm aU oY Bo:rower's F
<br />_ .. _ �:�,��. abligatioag ander the detlarasion or covena�its czeating or govera ag�the�•o ani ngtit�eat dccuments evetopment. -
<br /> _�..;;f�'. the hy-taws and negaianans of the oondomiaium ar planaed uai op =: ..
<br /> a.,Ptuie�ion of Lender's Sea3rlt�►.If Bomoaer fails w perform the covenatsts an4 agteemsata oontained ia cQ�
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<br />- � . ' . EDeeLE�+�3 Tiaist, or if any aaion ar psnoeedlpg i� oommen.sed whic& materially affews Leader's intorest iu.:►� �:�i.
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<br /> . . property,then Lender, at lxnder's.optiou oa not�ce co Bormwer. may malce such apPeapea -
<br /> _ . � .. suss,.iucdnding�asonable zttcr�s' ��s.a n�r�e such aa Ion as i s necessary t o p m c�t L e n der's iute��c:If Lmd'er a=:_
<br /> -.. ; : � .' ` • ,:':cr�a.i�!mortgage insur�eae ss a�adiuon af c�tltfng the loan secured by tbis Oeed of Tmst.Bosower shaU payr the ��'-"
<br /> :�';;�. �. w msinradn� su�s insivaace in effe�tta�s� sucH time as the �ment for such ins�r�¢ R,..
<br /> :. r::ir '.':J`' , �� �Il�!}17kiiA8�lt�iC� =
<br /> ° ,..,..,��(,���N.�:: :. tem�si�tt�in acoorr��h1:wirlti�s:�rer's and Lender's w:il�rar.�reement or appllcable aw. �-_ _
<br /> � � � ;': .� , .��ar�nc[�+�ciir.�wsed�iry�i�ender puisuaat to tha5 gs�aph 7, witb interest therean.at the Note rate.shall
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<br /> __ � ,,. becu�addil�f��iutebtedaess oY Botrower aecured by this Deed vg Tctut. Unless Borrower and Lender agree to _
<br />- �� � ocher te�ms af'�nt.such amouats shall be payable upoa notice fm�n Lender to Borrower reques�ng Dayment .•�_
<br />__ . �� � � tl7cce��.. Nothing conta�ned in tbls paragapL 7 sbalt cequire Lender to incur anY exPense or take atn+ action
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<br /> � . �: �.taspec@on.Lender may make or cause to be a��easonable entrtes upon and inspections of the Prapen:�� �5:
<br /> - . . . . . provitied that Lender shall give Bonower notice prior ta�}► sucl�iaspectlon specifying reasonab . g -
<br /> . relate�to Lender's interest in the Property. � s m s �a�n�828 �
<br /> �fr�t�; � .� � . ��BWEI 1980�1i07 • � .
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