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<br /> suf€er and shali promptly cause to he paid and discharged a��
<br /> lien or charge whatsoever which may be or become a lien or chasqe �
<br /> against the Trust Property, and shall promptly pay for all �
<br /> ntility services provided to the Trust Property. Grantor shall �
<br /> furnish to Beaeficiary receipts for the payment of the T�axes, .�;.
<br /> - Othe� Charges aud said utility sesvfces prior to the aate th�
<br />_ same shall beco�ae delinquent.
<br /> 5. Escrow Fund. Grantar shall, at the opti�on of .
<br /> � .Beneficiary, pay to Henef c��ry on the first day of each c�2�nd�r.' ;:;�',��' .�:,.:: :._ �
<br /> - m�nth ��� o�e-twelEth af ��n..amount wh�ch wou1�3 be sa€ficient ta � � �
<br /> paY tii�: Taxes papablQ, o�.:�stimated by Henefisaarp to be payable.. �:.`:'�':��� , �
<br /> durfn� 1:he nex� ensui�g -tivr�l+�e �12) months and �b) one-t�rel�th of `�� � � � ''
<br /> �n am�a�t�it wh.f.c�t wou2d ��� sv�F�.�cient to pay the Insurance Prera�uma � � �
<br /> �ue �or. .ttte r�newal of the ��sterage afforded by the Poli�i�s upon
<br /> �-�. �he expiration thereof (saiai �amounts in (a) and (b) ahove �
<br /> . � . �terein��er caller7 the "Escrow Fund"). The Esrrow Fund and the
<br /> . Paym�nt� sif interest or prinripal or both, payabls pu�suant to
<br /> �' �he Note shall be ad8ed tog�ther and shall be gaid as an
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<br /> � t�ggregate swit: �il+ Grantor te �eaefi�iary. Granter hereby pledges
<br /> --� to Ben�€iciar�. any aaiY..all monfes qcw or hereafter deposited in "
<br /> t4e Escrscaw Fund as add£tional secu�if:�► €or the pay�r;�nt of the
<br /> � Ltebt. Eeneficiary wil� appl�► the Escrow Fund tm •.���"
<br /> ��xes and Inaura�ce Premiums �uired ta be rr.�de by Grantor� '�
<br /> ,.;,:,;
<br /> pursuan� to pa�agraphs .3 and Q' herea�.. . If the amount of the � ����
<br /> Escraw� �sind shall exceed the ancount� due for Taxes and Insurance� � "'�
<br /> � �
<br /> Premiw6g pursuant to paragraphs 3 and 4 hereof, Beneficiary ���"-
<br /> shall, in its dfscretion, retu�n any exc�s� �o Grantor or credit
<br /> such excess against future paya�ents to be made to the Esrrow --
<br /> Pund. In allocating such excess, Hen�fi�iary may deal with the
<br /> person shown on the recards of Benefx�iary to be the owner of the '�
<br /> Trust Property. 2f the Escr�w� Fund is not 3ufficient to pay the
<br /> �tems set fortb in (a) and (io� above, Grantor shall promptlg pay
<br /> �� .� ; t� 8eneficfary, upon demand, �r� amount whiah BeneEiciary shall
<br /> : e�timatt� as suE�icfent to make up t�e deficiency. �3p�on tbe
<br /> _ • � acsurre��e of an Event af Default (hereinafter defined)
<br /> � BeneFi�fary ma�,, �ppZy �,�L�� �ums �hen present in the Escrow Fund to
<br /> � the payatent oTc� ttte fo1l�w�ng i�ts in any or�,ipr in its
<br /> nncontro2led cYiscretiar►� '
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<br /> (i) Taxes an� athar C�ia�ge:�; ;,�;:
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<br /> _ (ii j insurance Prem�uc�,s; . �,�.,,�"�,
<br /> (iv) intereat vn the unpaid Zarincipal balance of the
<br /> Note;
<br /> - - t�) Amostization oL tihe unpaid prir�cipal balance df
<br /> the Note;
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<br /> � Al1 other sums payable pursuant to the Note, this Deed of Trust
<br /> ana the Other Security Documents, including without limitatien
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