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<br /> , ` If the amouat,of�the Funtfx hatd bK•I.ender.together with thc fuwre montWy install�neau af Funds payabte prios ,. .
<br /> °.. ,. � � � �` w ttee duQ dates af,t�Gs.asst+sssn�ati.,tasvzance pr�minms aad ground neats.shall eaceed the araount required to pay . .
<br /> . ..�' � said taxes,a�nts..ipsutattce premi�s and groimd rents as they fa1I due,suc6 excess shall be.at Borrower's • .. ,
<br /> option.either pmmpiig r�laid�io,Borrower or credited to Sorrowes oa monihly a�iments of Fl�nds. If the amount
<br /> � ��� r# of tbe Ftmds detd•by.[xnder shali aot be sufficient to pay taxes.assessinenta.insuranse premiwns and gcound rents as .. _-.__�- -- __:
<br /> -. ---- --- ;.._� they.fall fire:@atrower sha11 pay to Lendsr any amount necessarY m make up the deficiency in ane or mnre paYments _ _L <:� . ��:,� .
<br /> ' ! as l.eadrr�may:require. •,
<br /> � . • . �j • lipon�paymeat in fWl of atl sum5 secured by this Qeed of Trust.l.ender shail promptly rrfuad ta Botrower a�ry �.. . . . .
<br /> " � ,� ' ; Fuads held by Lender. [f undcr Aara�raPh l7 hereaf the Property is sold or tlte Property is othcrwise acquirrd 6y �
<br /> . . Ixuder.iender shall apply.no tater than imatediately prior w the sale of Ihe Properry or its acquisition by Lender. �r' _ . ` -
<br /> . . . . � t aay Fcia+ds h�ld�by.Lxnder at the timr of applicatian as a credit against the s�s secured bY this Deed of Tnut. : :_� :,,'`
<br />. � . " � • 3.AppUt�tft�tt:o4 P�ymeats.Unless applicable!aw provides otherwisr.all payuieats re�eived by Ixnder under � ' �� ._..
<br /> � " � i the Nat�and��hs.l.attd 2 hereof shalt i�e appfied by leader fust in payaieat of amawits payable w Leadec by '' '•
<br /> "'<.i Bcmme�n un�ar,ps�b�2 hereof,thcu to auer�est payable on dte Note.an�then w the principal o€the Note. � � ,=;�
<br /> � ' , � `i �.� Nt�ttr":ll�a�cs aad Deeds of Tnish Charge� Idens. Bormwer s h a ll pe dorm a l I o f B orrow e r's 1 .
<br /> . = -',z`�, ohti�l ia�ts.tin�a�y�.►r t g�ge.dee�of m�st or other securiry agceement arith a lieu which hac grioeity over tttis �.. ,�,� _
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<br /> • • � Rmad,ot'�'I1't�tEi,inciu6ing Borratver's covenants to m�tke payu�w h ea d u e.B orrawer s b a II pa y o r c a u s�w b e p a i d - . _._
<br /> � � • `' ailita�es.;a�ats and•other charges.fine.a and impositians aun'butable to the Property whicB way aztain a priority ;; -
<br /> :.:�r av�r;fhtL.Deed of Trust.and•teasetiold payments or grouad re�s,if aay. ��_.� ..'�_.`
<br /> ` :=� Sr.�ffi�tord•Insnreace.Samotiver shail the ravements uow e�risqng or he.�eaRer erc�ed on.tir��erty �
<br /> , keeP upP ns n �.�..,,��
<br /> � '.�.�, �a4ura���loss by fire.haxarQs insluded within the teeffi"eaieaded coverage,"and such other hazards as Ix.ader . F ��� �
<br /> � : ''�:�;:..�t''' may� a�W ia such•amuunis and for svch periods as L,endec may re4uire• '. ---- - -
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<br /> - 'ft�it�vrance cac�er providiag the insurauce shaIl be clios�by Li�uower subject to approval by Leader,�; . ':'f; .��t:'.
<br /> � . ' ; . p�ovidecf,that�such�approval shall not be uareasanably wtthheId. �Q�policies and nenewats thereof sLall Be ,`�'` �: . :.r.��
<br /> . �'�'��.�t< in�a fomi:' table to•Leader aad shaU inciude a standard murtgage clause in favor of and ia a foim acxepiable to ,•'. .,, . �r,;'.,: . =`=--
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<br /> , . ;� Lea�der_fcu-�d r'shali�have tUe rigitt w hold the gaticies aad�als thereof,snbject w We tecros of any raortgege+. - � ' �`�
<br /> � �`�; deed af u��i or other security agreement with a Uen whicH.�a.fi�riry over this Dced of Trust.
<br />_� •� , �' Cu lixe evenl of ioss,Barrowe��all give p���t.a�nx*�e
<br /> insurance catrier aad�.eader.l.en d e t m ay m a k�.. I�����`
<br /> . ': pmof of IQSS if uot made pTamptiy Ea�r.Sorrowec ,. :� , .. ,
<br /> � ��'� EfS��Pert3+is abandoned t►Y Hormc�er,���r.,T-•II�c�fa7s w re.spond to I�endsr withia 30 days fmm the • �, '.;
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<br /> j, dat�auiir�;is ma7ed by Lender ta IIaraawer that t�e insur.�+:�rrjer offers to sente a claim for insurance benefus, ;.�-----.�.
<br /> �a Txnde�'�s�nhorized to collect aud~�rly the iasuTance graoa�.�s>at Lender's option eit&er w�resWratioA or repair of • `} '. -��-
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<br /> �};:� the�`�.:or to the stm�s sec�ed.6�r t}us Deed of Tn�st. , . +t�1
<br /> � �.�xrvatEon and MAtn�.+Arce of Property:I.�Candowinium�Fia�c1 Unit IIeve�opmenta ,,. �a
<br /> � ,'' 8orm�:�aa11 keep the ui good repair aud sha11 not e��it wasie or permit iaugairn�ent or deterioradon of � �°
<br /> ... ,��+;k• the�'..and shaU co�th the pmvisions of any lease,t,'��Iiis Deed of Ttust is on a leaseho2d.If this Deed of ��"-�=
<br /> �_��! Tr�us�?.a�it in a condominium or a piaaned �t d�c��nent, Bosower shall gQifosm aU of Borrowez's .
<br /> �iH�u;�: ob' a�s��iader the declaratloa or coveaants creati�g or ga�s�g the condominiwn or�"�anned unit development, ••�� �
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<br /> •" �he.�s�7�a;�+s and mgulatIons of ihe condominium or planued utut d�.welvpsuent,and constitu�st�tocwneats. j „ �,�..
<br /> . � ,,< . ,"':?.;:fPtotectIon of Lender's SecuBty.If Borrawer fails to perform the coveaauts and ageements contained in thns •� -4==--
<br /> . , •r � ��-:��.'�'n�st, or if any action or procee�iag is coaunenced whicb materially affects Lender's�me� fin.the ''"' ---—
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<br /> �. . . . . � �hen Lender, at Lender's opnon, upon nodce to Borrower. may make sucb appearances,�rse��- -
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<br /> • � � .-.�,±�w�:tding reasonable attomeys fees.and take sucb aca�as is aecessary to pmtect Lea�er's mter�st IP I.eadEa , -_-
<br /> . � •.'. re�!:fl ssc�tgage insurance as a caadidoa of maIdng the 1o�n sec�ed by this Deed of Trust;�orrower sl�aU pay the . . ";'.� -
<br /> �- � --. pre�t::.i��sc�ired r� m�aintain sitch insurance in effect ua�� such wne as the requimment for such insL*�*� ;;',>r,,.,�.,,,:
<br /> • � ' ter���s si�acccn�zae�a,ith Barrower's and Leader's written agseemeast or applicable law. � . � ' �;�
<br /> ' �''•,:` �i'amounts disbiused by Lender pwsuant to this paragrapb�,with�interest thereon. at the Natc rate.sbaDl ��.:���. •',�;:.��
<br /> ���'t���'' beco��dditional indebtedness of Borrower secured by th�s E�d of Trust. lJnless Borrower aad leader agree to � -�°--
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<br />-� . ;,,.;� other�of payment. such amaunts shall be payable upora�antice ftom Lender ta Boaower r�u�stiag paYA!eni . _�_
<br /> ; �. ,: .��.`. therap�. �Iothing contained 'm this FaragraPh 7 shall requiK I.ender to incur any expense or take an}r acaan• ' � - �- -
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<br />�;. _ . ' �Inspectton.Lender may make or cause to be mzde,ceasonab2e eatries upon and inspectiors of the Property � . .,. '�:, ,�,,,
<br />- • .. � , proi�Y�ic� tbat Leuder sha13 give Sorrower notice prior to any� sucD iaspection sgecifyin�teaso e therefvt ��' : .
<br />=j . . • !.,� . ret����sLender's interest in the Property. '^ �''.S. . : . � :
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