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<br /> .�,µ;�j,�=�'� by Horcower under p�ragraph 2 herrnf,then to interest p�yahle on the Note,und then to the principal of the Note.
<br /> �°�" ` 4. Prior Mort�aRp and Deecle of Trust; ChAr�es; l.leas. Borrower shaU perfo�m all of Borrower's
<br /> �-�''r:�,= obUgatans under any�nortgage,deed of trust or other security agreement witl�a lien which l�as priority over this Dced
<br />�_��:���`� �fTnut,inchrding Borrow�r's covenants to make payments when due.Horrower shali pay or cAUSe to be p�id all taxes,
<br />:u�� assessments and other char;es,fines and impositions atuibutable to thc Property which may attain a prioriry over this
<br /> --- Deed of Tcust,and leasehold paymcnts or grouncJ renGS,if any.
<br />`=,�� S. Haznrd Insurance. Borrower shall keep the improvements now exisang or hereafrer erected on the
<br />'�"�� — Property insured against loss by fire,hazards included within the tenn "extended coverage," and such other ha�ards as
<br /> '' �'�' Lender may require and in such amounts and for such periocls as Lender may require.
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<br /> ' Y ' The insurance carrier providing the insuru�ce shall be chosen by Borrower subject to approv�l by Lender;
<br />°�''""`"'t provided, tLat such approval shall not be unreuonably withheld. All insurance policies and renewals ttiereof sliall be
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<br /> `;,"'�`-��i, in a foem acceptable to Lender and shall include a standard mortgaIIe clausa in favor of and in a form occept�ble to
<br /> ����"� Lender. 1.cnder stwll have dfc right to hold the policies and rcnewals thereof,subject to the tcrms of any mortgage, deed
<br /> ,���� of uust or other securiry agreement with a lien which has prioriry over this Aeed of Tiusl,
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<br />_._.��-�-.,- In the event of loss,Bomower stiall give prompt nouce w the insurance carrier and L.ender. Lender may m�ice
<br />__-'��,�r�. proof of loss if not made promptly by Horrower.
<br /> �n*'y��• If d�e Property is abandoned by Bonower,or if Bonower fails to respoud to Lender within 30 dsys from the
<br />- ����. date notice is mailed by L.ender to Borrower that the insurance curier offers to setde a claim for insur�n�e benefits,
<br />�'''�'�,�� ��` I.ender is authoriud to coUect and apply the insurance praeeds at I.ender's option either to resroradon or repair of the
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<br /> '+�� � Praperty or to the sums secured by this Deed of Tnut.
<br /> �c'R 6. P�rservatbn and Malnteaance ot rt L�a.u6olds�Condominlums Planned Uait Ikveb weut�.
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<br /> ;. Bomower sh�ll kcep thc propeny ia good repair and sdall not commit waste or permit impainnent or detcrioraaon of the
<br />.:_,„-�;�,��� Pn�perry and shall comply with the pmvisions of any lease if this Ueed of Trust is on a leasehold. If this Deed of Tmst
<br /> ""a ==' is on a unit in a condominium or a p;anned unit devebpmeat,Bocrowcr stwll perfotm all of Borrower's obligations under
<br /> =_��� the declarapon or covenants creating or goveming the condominium or planned unit development,the by-l�ws and
<br /> _�,y��r����� regulauons of the condominium ar planned unit development,end consqtuent documents,
<br /> ___v�� 7. Protecdon o�La�der's Security. If Borrower fails to perform ttte covenants and agrcements contained in
<br /> • �_ this Deed of Trust, or. if any acuon or proceeding is commenced which materially�ffects I.ender's interest in the
<br /> ������ Propeny, thm I.e�xler,at Lender's opdon,upon notice to Bonower,may make such appearances,disburse such swns,
<br /> —__�—s itK;Iucling cC.titit�tL7bic ai�ommCy�' [CCS,azui wke su�h tu:uon sa i� iiccc�suy iu pruic�i I.cudei'S iiiieicst. Ii Lcii3ca icqULcd
<br /> �„«_„� mortgage insurance as a condidon of making ttie loan secured by this Deed of Trust,IIonower stutll p�y U�e premiums
<br /> -_--_ - requiral to maintain such insurance in effect undl such time as the requinment for such insurwce ternninates in
<br /> ' accordance wiW Bonower's and Lender's wriaen agreement or applicable law.
<br /> ��' Any amounts disbursed by I.ender purswnt to this pacagraph?,with intenst thereon,at the Note rate, shaU
<br /> _.___--° beconx addirional indebtalness of Bocrower secu��ed by this Deed of Tnut. Unless Horcower and I.eader agree to other
<br /> -------,i terms of payment, such amounts shall be payable upon nouce from Lender w Borrower requesting payment thereof.
<br /> __._. � Nothing contained in this paragraph 7 shall require Le�der to incur any expense or take any acdon hereuader,
<br /> =—=_:� S. InSpeWon. I..ender may make or cause w be made n�sonable entries upon and inspecdons of the Property,
<br /> --- � provided ttnt Lerxler shall give Borrower notice prior w any such inspecdon specifying r�asonable cause iberefor related
<br /> __ _ to Lender's inunst in the PropeKy.
<br /> ��-- 9� Condemnxtbn. Tha proceeds of�ny award or claim far damages,direct or conuqueati�lal.in comecpon
<br /> ___ with auy condemnaoion or other t�ldng of the Property, or put tt►ereof,or for conveyAnce in lleu of condemnadoa,are
<br /> ��� hcreby assigned and shall be paid to Lender, subjecc w the tem�s of any mortgage, dad of mut or other security
<br /> agreem�nt with a lien which has priority over this Deed of Tiust.
<br /> ---�a�, 10. Bormwer Not Released;Forbeuance by Lenda Not a Waiver. Eztension of the time for payment or
<br /> ���' modificadoa of amon'uation of the sums secured by this Deed of Trust grant�d by Lender w any successor in interest
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<br /> _e�,�..��� of Bocrower st�all noc operate to rekase,in any marmer, the liability of the origina!Bonower and Borrowrr's successors
<br /> -���=��-j in inrerest.Lender sl�all not be required ro commence proceedings against such successor or refuse to extend tune for
<br /> -��� payment or othenvise modify amortiiation of the sums secund by this Deed of T�rust by reason of a[►y demwd made
<br />, _���' by the original Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising any right or
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