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<br /> _-- p�ys Hutruwnr inlerwwt an tt�t Furds and�ppiicxblr l�w pr.rmits l.rndE�r�e��►�xkr.cuch a chnr�r:. F3urruwtt s�nd Lender
<br /> = m�y��rse in wrilln�at the timc of executinn c►f thls!.)sccl qf'Crust thnt intrrrzt a�i I��c�'und��h�!{be paid to Borrower.
<br /> --- an�!unleEx such�Krac.ment Is mc►de or appflc:�hlr I�w requlnC�such Intcrest to 6�c pe�. I.endcr shul!not tx reyuiccd .
<br /> � to p�r parror�rr iny iate!at �r e#rnin�t on the �und�. �,enda shalt Rive to &�rrown:r, without ehuRe, wn sn�u�el
<br /> - ar.c�xcatlnv�f theFuad�s�uw3ng creQtts and deGits to the Fu��ds and the��urpose for which cach�tebit to thn Funds wss
<br /> macte.The�unda�re pledgrd�s wdditiona!s,ecurity for the aums secuced by this l�ad ot"I'ruzt. --
<br /> 1f the amo�nt of the 6'unds held by L.ender,togtthec with the future monthly inst�llments of Funda�yabk prtor to
<br /> - �"` the dau dates o!'tACes,assessrncnts,insucance premiums snd gsound rents,shall exceGd thc amount requircd to pay said
<br /> taxes,asussmeutt,tnsurance premiums and grounci rents as they Pn11 duc,such excas shall bz. �t Borrov►xt's optio�,
<br /> - ---
<br /> � eithcr promptly repaid to 8orrower aR creciited to Eionower o»monthly instaUrnents o�'Funds. If the amaunt of thc
<br /> ____ __ _ , Fund,held by[..ender shall not be sufficient to pay taxes,assessnnents,insurartce premiums�nd graund rents u they al
<br /> _= due.Borrnwer shail pay to Lender ar�y amount necessary to make up tha deficiency in one os mare paymcnts as ixndcr --�
<br /> may rcquire.
<br /> _ U�an payrncnt in ful!of all surt�s sccuced�+y lhis Dced of Teust,I.ender shall promptly refund to gorrower any
<br /> -- — Funds held by Lender. If under paragrnph 17 hereof the Froperty is sold or thc Property is otherwise acquired A►y
<br /> Lender,Lender shall apply,no later than immedlately priar to the sale of th�Property or its acquisition by I.ender,any _
<br /> -�--- Funds held by Lender at the timr.of application us o credit against tl�e surns secur�il by this Deed of Trust.
<br /> __�__� 3. �l;►;i!lc�tkn nf P�ymenb. Unlcss npplicable Inw provides otherwise, a!1 payments reccived by I.ender under
<br /> ------- the Note and paragraphs 1 and 2 hercof shall be applied by�.eMdqg�rst In paY�l�t�amou�s payable to ixnder by
<br /> �_._-—� Bnre�wer under paraBraph 2 t�ere�f,thcn to interest payable on the Nots,and then ta the principai o�the Not�. �
<br />_u-y4�!:=�Y� 4. Prfor Mat��ea snd Deed� oY ifrust; ChuRes; Lleas. Borrowcr shall perform,all of l3orrower`s nbligations `-
<br /> - - under any morlgnge.deed of t�ust or othcr security agreement with a lien which has priority over this Deed of Tcust. —
<br />�:atir?�?�t� tncluding Borcow•er's cavenants to make payments when due. Bonower shall pay or cause to be paid all tuxos,
<br /> �-- - assessments and other charges,fines und impositions antributablc to the Property which may attaln a priority over thls
<br />'�"��'_�� Dced of Trust,and leasehold puyments or ground rents,if Aay. ___
<br />`u�=`'�� � - 5. H�ur� In�ur�utca. Borrower shull kcep the improvements now ex[sNng or hereafter erected on the Nroperty _
<br />'._:x�;,.
<br /> ,,���, insured against loss byfire,hazards included within the term "extended cov�rnge".and xuch other hQZards ns i.ender -
<br />:�;�•��.;� '� may res�uire and in such nmounts and for such peria.is as Lender may reqttire.
<br />'",�`,.�`'#.':.�'�!'_ The insurance carrier,providin�the insurance shall be chasen by Borrower subject to approval by Lender;provided,
<br /> "`'�'��'�� � that such approval shall not be unrc�sonably withheld.All insurance policees and renewals thereof shaii be in u torm =,
<br />-�:�;,,J..� ' ' acceptable 4o Lcnder and shall include a stand�rd mortgage clause in favor of aad in a fatm cce table to Lender. nm_=.>•
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<br /> �" "'` � L.cnder shal l have the right to hold the polictes and renewals thereof,subject to the terms of any mortgaga,dced of trust �"'
<br /> � . '�•i'� '` or ather s.curity ogreement with a lien which hns priority over this lleed of Trust. -
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<br /> `�'��•'��`T' �; In the event of loss,Bonower shull give prompt notice to the insurance carrier and Ixnder.Lender may make proof
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<br />--rys,',.;.,,._.. :: of loss if not madepromptly by Borrower. �„��,
<br /> �• T If the Property is nbandoned by Borrower,or if$orrower fails to respond to I.ender within 30 days fi•om the date F::�
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<br /> _�� � ,�'.�''� noticc i�r��iled by,i.cndcr to�onowcr thut the inspFance caerier offers to settle a clait�far insurAnce benefits,[.ender is �:�,
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