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86'15 <br />sr and awing sot follows: <br />1 prawnpesy pY rrltan rfue'iae principal of and ltnerest on the <br />rte ptmvrdad' im the Nora. trend' the prinesplaY of and biMresr <br />)",or to a written waiver by Leader, sdrrower !1 M par <br />isaerest we paynblc tinder the Nose, nand the Note is paid in Ink <br />SW Isom md.aeiswmerM 'Which' nNr'avain p 40F1AY -over This <br />ge�trtbM Lender w ttaaha stnodi.a 'beige: ,Bartnwar ant lender no wee in writing at the time execution °" of dk% <br />fised'ef 71emw ikon htfaew ore the Fends shall'be }aid`fe loreow". and UMess inch agreement is mantle iar applictoik law <br />slip-, suiln iwleeist b lit paid. Lander alipli !wt be required to porY'Borrower any interest or carnm4s on the Funds. Lo rider <br />andt;Nva M'lorrwer, arithont±fittfe: an numW accoansing of the Funds showier credos and debits to -the Funds and the <br />fir w* * qeb am to ibe' umde was Iwadt. Tile Rmtt4 air pkdpad as additional security for the sums secured <br />rj Ous Died of TMIL <br />ill the taigrartI of the'Fttmi hold by Leader, toBNher with 'the future monthly installments of Frmds payable prior to <br />psi du- 'estr .1 wars, atsemnsants istaorarsce prwnirsms and BrwMtd rertfs, shall exceed the amount required in ray said laws. <br />almonowitrAk, itrwSam sad ;r[nts as they, fall due. such excess shall be. at Borrower's option.: either <br />repari'to lorrower or etedmed to,lorrvavr'on mantliiy ins alMients of Funds. if the aniotmt of the Funds <br />Lststlar ttlrafl not be ft, to Pay = loos aaessmants, insurance premiums and grwmd rants as they fait due: <br />Bartvwes shall Vey to Leader q sty amount maces ary so make up the deBciemcy within 30 days from the due notice is mailed <br />by Leader so Seasoner payanwA . <br />Upua p-jasanl in full of ag,rasus secured by this Deed of Tent. fender shall promptly refund to Borrower any Ft ..Js <br />lied by Ltwdea w. If under pacagrloph It heteol the Property is sold or the Property is aherwue acquired by f ender. Lender <br />tthlal apply an lamer tblan immediafely prior to the sale of the Property or its acquianton by Lender. any Funds held by <br />t�mdar at the singe of n a credit against the sums secured by this Deed of Trust. <br />& A"plosodea of Unless applicable law provides otherwise, all payments received by Lender under the <br />Noft and pararapl�s I 2 hereof shall be by Lender first in Pa t of amounts payable it, Lender by Borrower <br />under paagraph 2 ht eo , then to inseresl pa�k on the Note, then to the principal of the Nola. and then to interest and <br />pi 'on now Future Advances. <br />4. Chnages; Una Borrower shale pay all taxes. assessments and other charges, fins and impositions atnrihittable to <br />ene:Trepaaty rihieb array attain a priority over this Deed of Treat, and lew-ehold payments or ground rents, if any. in the <br />tw�mnrpswvsdii omniar __mph 2 based err, if not paid in such manner, by Borrower making payment, when due, directly <br />toot ppasyyaxe tlsweof. loriower shall apily furnish to Lender all notices of amounts due under this paragraph, and in the <br />opamt Bereown ahalh Mae payment toy. Borrower shall promptly furnish to Lender receipts evidencing such pay"""s <br />t <br />Borrower "psonnpely discharpt any lien which has priority over this Med of Trust; provided, that fkxrower %hail not he <br />reed so dmclwge my such hen so king as Borrower shot agree in writing to the payment of the oblrgaw-n secured b% <br />such ilea in a mummer acceptable to Lendu, or shad in good faith contest srch lien by. or defend cnfoicernnt of such lien m. <br />tgal pencttNim whidf operate to prevent the enforcement of the lien or forfeiture of the Property or any pan thereof <br />s <br />! lLanand Lsuna�te. Borrower shall keep the improvements now existing or hereafter erected on the Property insured <br />against ion by fire, hazards included within the term "extended covers and arch other hazards as t.ender may tequ.rc <br />Lender t <br />atnd is such maanra and for such periods as Lender may require; provided, that shall not require that the amount o <br />z. <br />sods cowerye exceed that amount of coverage required to pay the sums secured by this Decd of Trust <br />The insurance easier providing the insurance shall be chosen by Borrower subject to approval by I ender; provided. <br />slit pdt omI �q not be unreasonably withheld. All premiums on insurance policies shall he paid in the manner <br />�eov Wild under porargnpb 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the <br />tmanralace orriar. <br />AB insurance policies and renewals thereof shall be in form acceptable to t ender and shalt include a standard mortgage <br />�*' <br />clause in favor of and in form acceptable to Lender. Lender shall have the right to hold the policies and rcnew.ils thereof. <br />road Borrower shall promnpdy furnish to Lender all renewal notices and all receipts of paid premorm% In the event of lots. <br />Borrower shag give prompt notice to the insurance carrier and Lender. Lender may male proof of loss if not made promptly <br />by Borrower. <br />Unless Lend" std Borrower otherwise agree in writing, insurance proceeds %hail be applied to restoration or repair of <br />the Property damaged, provided such restoration or repair is economically feasible and the security of this faced of Trust n <br />not thereby intpausd. If such m rsiorat" or repair is not economically fwsrble or of the security u( the% Deed r,f Trust would <br />be implanted, the insurance proceeds shah be applied to the sums secured by this Decd of Trust, with the emcee %, if any, paid <br />to Ba.trower. If the Property is abandoned by Borrower, or if Borrower fail% to respond to Lender within M days from the <br />doe incise is mmikd by lender to Borrower that the insurance carrier offers so settle a alum for insurance benefit, Iznder <br />; <br />is suthoneed to collect sad apply the insurance proceeds at Lender's option either to restoration or repair of the Property <br />or to the toms secured fry this Deed of Trent. <br />Umnlless Leader and Borrower otherwise agree in writing, any such applicauom of proceeds to prsoc.pal shall riot extend <br />or poepone tht fife deft of the montMy imr:3 ments referred to in i aragrsphs I and ? hereof or change the amount of <br />such rnsliilmetrs. If under paragraph IN hereof the Property is acquired by Lender, all right, title and interest of Borrower <br />in and o any insurance policies and in and to the proceeds thereof resulting from damage to the Property prior to the sale <br />or acquisition shill pass to lender to she extent of the awns secured by ibis Deed of Trust immediately prior to such sale or <br />lrnarva0ao clad iNW afanawce of Properly. LeowboW Co dwalolimag Planned Unk Develsp seas. Borrower <br />•hap keep the Property in good repast and shah nut commit waste ur permit impairment or deteritwata+n M the Property <br />sad duff comply, with doe provisions of any lease if this Deed of Trust is on a leasehold. if this Deed of Trust is on a unit in a <br />C. A, imiwm or a platmsad unit develop. mem. Borrower shad pedorm all of Borrower's obligations under the declaration <br />or covenlarb crpttng or governing she comdomoisaum or planned emit development, the by -laws and regulations of the <br />eendominwm or plammtd oat develapnrcm, and cwwnuent dfoco rnents. If a condominium or planted unit development <br />rider is eaeeufed by Borrower and recorded togelhar wish this Deed of Trust, the covenants and agreements of such rider <br />she# he incorporated iao sad sh ll amend and srppkmem the covenants and agreements of this Deed of Trust as if the rider <br />agent w part beano(. <br />7, Twtaerem of Lwda's ffacsrUlt. If Borrower fails to perform the covenants and agreements contained in this <br />Dad of Treat. air if may sdiem or praeeedtmg is commnemced which materially affects Lender's interest in the Properly. <br />iaewdin4, but not hmmiMd o. O'isery domain. iMSkVnoy. code enforcement, or arrangements or proceedinp involving a <br />blam. I I or' , , dtatt, them Lauder at Lender's option, upon notice to Borrower, may make such appearances, di%hurse such <br />sums and sake arts! aaiow at is nedxtwry o Lender's imtresl including. but not limited to, distrursemenl of <br />saMlaalaiN -as" la's Nos and nary wpm the rruperty, o make repairs If Lender required mortgage insurance a% a <br />coodwwo of ttnli mg olio loan secured by this Dead of Trust. Borrower shall pay the premiums required to maintain such <br />khowso R in ot%G wtll'a" time se she rtgtrusmea for such insurance terminates in accordance with Borrowers and <br />imdWe tssipasagroewa* or applicable Lw, ON owes shad pay the amount of all mortgage insurance premiums in the <br />rnemna pnvided rmnd. 2 hereof. <br />Amlr lamnuma try Lender purwa o this paragraph 7, with interest thereon. shat) hecamc addrtnmel <br />dmeta of #crews fie, by this [feed of Trust. Unless Borrower and t ender agree so other terms td payment. with <br />ame000 dull 4 I ) -Mt upon notice from Lender to Borrower tequesting payment thereof, and shall hear mternt f rrrm the <br />11-1 <br />date of aenw . a the me pyastk from time ro time On anslanding principal under the Noce unless payment of interest <br />o such is" was" be contrary to applicable law, in which event %rich amounts shall beer ,notrest at the highest felt <br />penaiwls under applicable llaw, Nothing contained in this paragraph 7 shall require Lender to incur any expense or take <br />my action hereunder. <br />I. NapMlur. Lender may make or cause to be made reasonable entries upon and o nf,ectiont. of into Properly provided <br />that lr"u shall give Botrw.er na«ct proof to any such inspection specifying reasonable cattw therefor related it, 1 ender <br />m v <br />.enu in the Prorertr. <br />r !! <br />r <br />