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I
<br />no be required to pay Borrower any interest or earnings on the Funds. Lerida shall
<br />the Funds showing credits and debits to the Funds and the purpose for which each
<br />ional security for the sums secured by this Dead of Trust.
<br />% the future monthly installments of Funds payable prior to the due dates of taxes,
<br />teed the amount required to pay sajd taxes, assessments, insurance premiums and
<br />Wit option, either promptly repaid to Borrower or credited to Borrower on monthly
<br />Lender shall not be sufficient to pay taxes, assessments, insurance premiums and
<br />ny amount necessary to make up the deficiency within 30 days from the date notice
<br />of Trust, Lender shall promptly refund to Borrower any Funds held by Lender. If
<br />rty is otherwise acquired by Lender, Lender shall apply, no later than immediately
<br />, any Funds held by Lender at the time of application as a credit against the sums
<br />vides otherwise, all payments received by Lender under the Note and paragraphs 1
<br />mounts payable to Lender by Borrower under paragraph 2 hereof, then to interest
<br />in to interest and principal on any Future Advances,
<br />vents and other charges, fines and impositions attributable to the Property which
<br />symcnts or ground rents, if any, in the manner provided under paragraph 2 hereof
<br />rnt, when due, directly to the payee thereof. Borrower shall promptly furnish to
<br />id in the event Borrower shall make payment directly, Borrower shall promptly
<br />over shall promptly discharge any lien which has priority over this Dad of Trust;
<br />any such lien so long as Borrower shall agree in writing to the payment of the
<br />der, or shall in goal faith contest such lien by, or defend enforcement of such lien
<br />I of the lien or forfeiture of the Property or any pan thereof.
<br />vents now existing or hereafter erected on the Property insured against loss by fire,
<br />ich other hazards as Lender may require and in such amounts and for such periods
<br />r that the amount of such coverage exceed that amount of coverage required to pay
<br />iosen by Borrower subject to approval by Lender; provided, that such approval
<br />c policies shall be paid in the manner provided under paragraph 2 hereof or, if not
<br />, directly to the insurance carrier.
<br />rm acceptable to Lender and shall include a standard mortgage clause in favor of
<br />to hold the policies and renewals thereof, and Borrower shall promptly furnish to
<br />n the event of loss, Borrower shall give prompt notice to the insurance carrier and
<br />by Borrower.
<br />insurance proceeds shall be applied to restoration or repair of the Property
<br />feasible and the security of this Decd of Trust is not thereby impaired. If such
<br />urity of this Deed of Trust would be impaired, the insurance proceeds shall be
<br />cess, if any, paid to Borrower. If the Property is abandoned by Borrower, or if
<br />date notice is mailed by Lender to Borrower that the insurance carrier offers to
<br />Ilect and apply the insurance proceeds at Lender's option either to restoration or
<br />ust.
<br />ty such application of proceeds to principal shall not extend or postpone the due
<br />ind 2 hereof or change the amount of such installments. If under paragraph 18
<br />merest of Borrower in and to any insurance policies and in and to the proceeds
<br />or acquisition shall pass to Lender to the extent of the sums secured by this Deed
<br />akin (:oedamlniums; Phsaaed Unit Develainsants. Borrower shall keep the
<br />npairment or deterioration of the Property and shall comply with the provisions
<br />of Trust is on a unit in a condominium or a planted unit development, Borrower
<br />ation or covenants creating or governing the condominium or planned unit
<br />or planned unit development, and constituent documents. If a condominium or
<br />voided together with this Deed of Trust, the covenants and agreements of such
<br />it the covenants and agreements of this Deed of Trust as if the rider were a part
<br />Worm the covenants and agreements contained in this feed of Trust, or if any
<br />!rider's interest in the Property, including, but not limited to, eminent domain,
<br />involving a bankrupt or decedent, then Lender at Lender's option, upon notice
<br />and take such action as is necessary to protect Lender's interest, including, but
<br />ntry upon the Property to make repairs. If Lender required mortgage insurance
<br />Borrower shall pay the premiums required to maintain such insurance in effect
<br />s in accordance with Borrower's and Lender's written agreement or applicable
<br />emiums in the manner provided under paragraph 2 hereof.
<br />tph 7, with interest thereon, shall become additional indebtedness of Borrower
<br />ee to other turns of payment, such amounts shall be payable upon noise from
<br />interest from the date of disbursement at the rate payable from time to time on
<br />at such rate would be contrary to applicable law, in which event such amounts
<br />It law. Nothing contained in this paragraph ) shall require Lender to incur any
<br />mabk entries upon and inspections of the Property, provided that Lender shall
<br />enable cause therefor related to Lender's interest in the Property.
<br />nr damages, direct or consequential, in connection with any condemnation or
<br />n lieu (if condemnation, are hereby assigned and shall he paid to Lender .
<br />tall be applied to the sums secured by this Deed of Trust, with the excess, if any,
<br />F, unless Borrower and 1. ender otherwise agree in writing, there shall he applied
<br />r proceeds as is equal 1j) thai protx,niun which file anmnnt set the stmt, secured
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