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202405713 Trustor covenants that Trustor is lawfully seized of such real estate and has the legal power and lawful authority to convey the same and warrants and will defend title to the real estate against the lawful claims of all persons. TRUSTOR AND LENDER HEREBY AGREE AS FOLLOWS: 1. Trustor shall pay, when due, the principal and interest as provided in the above -mentioned Note. 2. All payments received by Lender shall be first applied to advances which may have been made by Lender (other than the loan advances of principal) and then to interest due and last to principal due. 3. Trustor shall pay all general real estate taxes and special assessments against the property before the same become delinquent. 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, Lender may give Trustor a notice identifying the lien and Trustor shall satisfy the lien within thirty (30) days. 5. Trustor shall keep the improvements on said premises insured against loss by fire and hazards included within the term "extended coverage" for their insurable value and policies for the same shall include a standard mortgage clause showing Lender herein as an additional insured. In the event of loss, Lender may make proof of loss if not promptly made by Trustor. 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 said proceeds shall be paid on the debt herein, whether or not then due. Unless otherwise agreed, in writing, by the parties, any payments or proceeds from insurance shall not extend or postpone the due date of the monthly payments provided in the above -mentioned note, or change the amount of the payments. 6. If Trustor fails to perform the covenants and agreements herein contained, 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 Trustor secured by this security instrument, to bear interest from the date of disbursement and said amount at the rate of 15% per annum until refunded by Trustor. 7. The proceeds of any condemnation award are hereby assigned and shall be paid to Lender and shall be applied to the sums secured by this security instrument, whether or not then due, with any excess paid to Trustor. 8. Any extensions or modifications of the loan granted by Lender to any successor in interest of Trustor shall not operate to release the liability of the original Trustor or Trustor's successors in interest. Any forbearance by Lender in exercising