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<br /> � � � IP the amount of the Funds hetd by Lender.coS�her with the faUUe mon8ily installments uf Fands paya6Ie prior ` `
<br /> ta the dne dates of taaes.ass�nts.:,�TM°pre�s and gcauad r�s.shall eaceed the amonnt requirad to gay �,', -_
<br /> • said t�es.assessmenLC,insviance pr�inms and gcoand cents as they tall dne.sach excess shall be. ai Borrower's .',
<br /> . ;<'' option, either P�P�Y�Paid w Boaower or ccedited Eo Bonower on monttaly installments of Funds.If the amaunt ... i
<br /> �� of the Funds hetd by I�ender stsall not be svf&cient w pap taxes,a�,iasuramee Premiums and�onnd cents ,< ",• �
<br /> ..{:` � - as thep fag dne, Bomower si�alt pay to Lender anp amoant nec�sary to matce up the deficiency ia oae or more ,,� ' `; __
<br /> � t; paYments as Leader may•�• {fi ` -
<br /> uWi►paYment in fuII of all sums sec�ued by this Deed of Trast,lxnder shall pram�stly refimd to�oaawer any - --
<br /> � � ' .` Funds hetd bq Lender. If�der paragrap&17 hereof the pmperry is sold or the Propeny is otheiwise ac,quired bY 4 -�-
<br /> . I.endet,Ixnder shall apply.n�later t6an�iately pAOr to the sale of the Property or its acquisition by Lendes. �.,.,r;
<br /> . . . . .. anp F�ds hetd by l.endec at the dme of application as a credit againtit the svms secaced by this D e e d o f T n u t. -
<br /> :�? � � 3,Appli�atina of Paymeus.UWess applic�hle 1aw gmvides otuesarise.aU payments received by Lender under _-
<br /> � the Nore ancl patag�apbs i and 2 hereof shall be applIed by Lender Srst in paymeat of amonnts payable co l�endee iry ,, < �
<br /> �. : ` Hoaower ander paragra�h 2 hereof,then to interest payable on the Note,anD then to the principal of the Note. ��=.�•.. . __-
<br />':�'` :�' "`... � 4. Px�ar Mortgages and D� of Tr�t; Cbarg�; I.deas. Boaower shari perfonn all af Bairower's .�' _
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<br /> �,..:..:�,..; �;�::�:�,�,° obligations ander any mortgage.deec�of ansc or ather seauIty agreemenc with a lien wtrich has priority aver this �,_--==-
<br /> • - D e e d o f Tzost,iuc t u d i n g B rn r a w e r's c o v e n a n u w m a k e p a y m e n t s w h e n d a e.B o m 4 w e r s h a ll p a q o r c a a s e t o b e p a id Y.�,,;
<br /> ' . aIl qxes. asse�nents and other charges, Hnes aad impositions atm'bntable to the PropenY which may anain a � �- :
<br /> �.. - -
<br /> r'.. .` �:. . ;';; Priority over this Oeed of T�st.an{1 l�old payments or ground renrs,ff any. � �:_'�--
<br />�.. .��• . ,'�;;� S.H a z a r d I a s u r a n ce.B o r r o w e r s h a ll k e e p t h e im pmveanents now existin g or hereafter ecerted on the Property �. :�-_-----..-
<br /> " . • �' t��s , � „=:i,--
<br /> .•:.4�.:... :.,,,,. .�,...,; iasaced againsY loss by fue,hazards inctuded within the te,rm extended caverage,'and sac1�other LaTards as lxnder _
<br /> ` � � may require and ia such amounts and for sach periods as Lender may tequice. � _, _
<br /> ' Ths insurance carrier Qraviding the i��ta»�shall be chosen by Bomawer subjecx to approval by Lender, _ __-----
<br /> �� : ' pravided, that siuh appraval sball ant be unreasonably withheld.AIl insaran�,ye policies and nnewals theteof shall be —
<br /> g�,_ �� . ;;;ti., in a famm acceptable to Lender and shall include a standard mortgage clanse in favor of and in a fo:m accepqbte w. -�Y_�_'
<br />�C` .', ,., � ` ::,:°,�. I.ender.Lender shall 6ave the right w hold the policies and renecvals the�eof,subject to the tenps of aay mortgage. �, ,. --
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<br /> r �. • `:�:�•'•i � deed of uust or other secatity ag[eement with a lien wIuch has priority over this Deect of Tnist. � r;��,—.:_
<br /> �.;' '� '� Ia the event of loss,Borrower shall give prompt aotice to the insurance canier and Lender. Lender may make �•��"'�'�`•'—
<br /> � � :�. . ... . ��—�._
<br /> r��" : '�'• �': proof of loss if not made prompdy bq Borrower. �:."'�.��..�..�- .
<br /> �,: �.�: .'..,•�...`,,_ ';, ff the Property is abandoned by Borrower. or if Bonower fails to respond to Lender wIthin 30 days from the . �� `�'�:�•' _=
<br />:�...: .date nodce is maiirA by Lender m Boaower tHat the insviance camer offers w s e t t l e a c l a i m for insarance b e n e fi t s, ✓'�*P�?' .�-; --
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<br /> � � .� ;� Lender is anthorized w collect aud apply the insurauce proc�eds at Lender s aprion either to reswration or repair of _ . _y.
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<br /> � • ' the Praperty or to che svms secured by�his Deed of Trust. ��V`
<br /> . ` �: . ' �, t �6.PrPServation and Ndaintenance of A�operty: l.easehotds,Condo�inimnst Planned Unit Deve2opmenis. ; .-�
<br /> , , Bomower shatl keep the Prapeny in gaod repair and shall uot commit waste or pemrit iwpaument or deterioration of i _
<br /> the Praperty and shali comply with the provis'sonc of ai►y lease if this Ueed of Tnut is on a leasehot� If this Deed of � —
<br /> ►
<br /> ��.: .••- Tiust is on a umt irt a candommium or a planned u nt development, Borrower st�all perform all of Borrower's ;: " —
<br /> �3�. ': obligaaons nnder the declaraaon or covenants creating or governins the condominium or planned unit development. ' "« '��� _::--
<br /> �°.` ' � tbe try-laws and regutatioas of the condaminium ar planned unit Qevelopment.and coastiment documents. ' ��';:�'�': .�,:°.—,
<br /> �,., . . .. ,---._---..
<br /> � 7.Peotection of Leuder's 5�uritq.If Borrower fails to perform[he covenanu ancf ageeemen�s contained in thi5 7} � �
<br /> �,;; � �� Deed of Tnut, or if any acdon or proceeding is commenced which waterIally affects Lender's interest in the = ��
<br /> r;� , ' ' ;.� Property, then Lender, at Lender's opuoa, upon nodce to Borrower. may make such appeazances, disb�use sach = __
<br /> ` � sams, includmg reasona6le attomeys' fees, and take such acaon as is necessary to protect lxnder's interest: If � _ ,:. = .T
<br /> � . � �'', Lender reqnired mongage in��r�nsP as a condidon of mal�ng the loan secureci by tbis Deed of T�ust,Boaower shall ��.' -- .: ..;:
<br /> .' ' pay the prp*++�!�*��reqmred to maintain such insarauce in effect undl such time as the reqairement for sach insurance
<br /> `� .',:� � _ �;': temm�ates in accordance anth Boaower's and Lender's written agreement or applicab2e law. — -
<br /> ��:� " ; � { Any amounu disDursed by Lender pursuant to this paragrapb 7, with intecest thereon, at the Note rate. sh�ll . � . •-
<br /> `1 q become addiaonal indebtedness of Boaower secured 6y this Dxd of Ttnst. Unless Boaower and l.ender agree to ._- , ,
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<br /> �' � ' � #� � other tetms of payment.such amounts shall be payable upon notice from Lender to Bonower cequestin�;payment � • : •
<br /> � . � �_. thereof. Nothing contained in this paragreph 7 shall reqmre Lender to incur any expense or take any action .
<br /> `;;. � � - dereu�er.
<br />. �.faspedton.Lender may make or cause to be made reasonable entries upon and iaspections of the Properry. . , .
<br /> provid�l that Lender shall give Bonower notice prior to any such inspection specifying reasonable cause therefor �
<br /> c'.���. related to Lender's interest in the Property. Form s2 � .. •
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