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r- COVENANTS 9 9 10 913 6 l. Payments. Borrower agrees to make all payments on the secured debt when due. Unless Borrower and Lender agree otherwise,any payments Lender receives from L3orrower or for Borrower's benefit will be applied first to any amounts Borrower owes on the secured debt exclusive of interest or principal,second[o interest,and then to principal. If partial prepayment of the secured debt occurs for any reason,it will not reduce or excuse any scheduled payment until the secured debt is paid in full. 2. Claims Against Title. Borrower will pay all ta�tes,assessments,and other charges attributable to the propeny when due and will defend title to the property against any claims which would impair the lien of this deed of trust. Lender may require Borrower to assign any rights, claims or defenses which Borrower may have against parties who suppiy labor or materials to improve or maintain the property. 3. Insurance. Borrower will keep the property insured under terms acceptable to Lender at Borrower's expense and Yor Lender's benefiL All Insurance policies shali include a standard mortgage clause in favor of Lender. Lender will be named as loss payee or as the insured on any such insurance policy. Any insurance proceeds may be applied, within Lender's discretion,to either the restoration or repair of the damaged property or to the secured debL If Lender requires mortgage insurance, Borrower agrees to maintain such insurance for as long as l ender requires. 4. Property. Qorrower will keep the property in good condition and make all repairs reasonably necessary. 5. Expenses. Borrower agrees to pay all Lender's expenses, including reasonable attorneys' fees, if Borrower breaks any covenants in this deed of trust or in any obligation secured by this deed of trust. Borrower will pay these amounts to Lender as provided in Covenant 9 of this deed of trust. 6. Prior Security Interests. Unless Borrower first obtains Lender's written contest, Borrower will not make or permit any changes to any prior security interests. Borrower will perform all of Borrower's obligations under any prior mortgage,deed of trust or other security agreement,including Borrower's covenants to make payments when duc. i- 7. Assignment of Rents and Profits. Borrower assigns to Lender the rents and profits of the property. Unless Borrower and Lender have agreed otherwise in writing `