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202009540 1. Borrower shall pay, when due, the principal and interest as provided in the promissory note. 2. All payments received by Lender shall be first applied to advances which may have been made by Lender, then to interest due, and last to principal due. 3. Borrower shall pay all general real estate taxes and special assessments against the property before they become delinquent. Borrower agrees to furnish Lender written evidence of payment of such taxes, within thirty (30) days of payment. 4. If Lender determines that any part of the property is subject to a lien which is or may attain priority over this security instrument, other than the first purchase money lien given by Borrower at the time of purchase of the property, Lender may give Borrower a notice identifying the lien and Borrower shall satisfy the lien within thirty (30) days. 5. Borrower shall keep the improvements on the property insured against loss by fire and hazards included within the term "extended coverage" in an amount of not less than the indebtedness secured hereby, and the indebtedness secured by liens with superior priority to this deed of trust, from time to time. Policies for the premises shall include a standard mortgage clause listing Lender as a named insured. In the event of loss, Lender may make proof of loss if not promptly made by Borrower. Insurance proceeds shall be applied to restoration or repair of the property damaged, unless both parties otherwise agree, except if restoration or repair is not economically feasible or Lender's security is not lessened, otherwise the proceeds shall be applied to the debt secured by this Deed of Trust, whether or not then due. 6. If Borrower fails to perform the covenants and agreements contained in this Deed of Trust, Lender may do and pay for whatever is necessary to protect the value of the property and Lender's rights in the property, including the paying of any sum secured by a lien which has priority over this security instrument, appearing in Court, paying reasonable attorney fees, and entering the property to make repairs. Any amount disbursed by Lender under this paragraph shall become an additional debt of Borrower secured by this Deed of Trust. It shall bear interest from the date of disbursement and the amount, together with the then unpaid principal amount owed under the promissory note, shall bear interest at the rate of 14% mer annum until refunded by Borrower. 7. The proceeds of any condemnation award are assigned and shall be paid to Lender and shall be applied to the sums secured by this Deed of Trust, whether or not then due, with any excess paid to Borrower. 8. Any extensions or modifications of the loan granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.