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<br />hc paid, Lender shall he =Iuirej °Pay wrro°" any interest or earnings ""the Funds. Lender oal/
<br />give to Borrower. without charge, an annual accouriting of the Furid� showing credit-$ And detnis to the Funds and the purpose for wbr,i each,
<br />debit to the Funds was made. The Funds are pledged as additional s"uritv for the �Ufrusccul`ed by this Deed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installairnts of Funds payable prior to the due dates of taxes,
<br />assessments, insurance premiums and ground rents, shalll exceed the amount required to pay %aW taxes, assessments, insurance premiums and
<br />ground rents as they fall due, such excesti shall be, at amower's option, either promptly repaid to Borrower or credited to Borrower on monthly
<br />installments of Funds. If the amount of the Funds held by Lender shalll not be sufficient to Pay taxes. assessments, insurance premiums and
<br />ground rents as they fall due, Borrower shall pay to Lender any amount necessary to make up the deficiency within 30 days from the date notice
<br />is mailed by Lender to Borrower requesting payment thereof,
<br />Upon payment in full or an sums secured by this Deed of Trust. Lencer shall promptly refund to Borrower any Funds held by Lender. If
<br />under paragraph 18 hereof the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately
<br />secured bv this Deed mTrust.
<br />� 3. Application °xr*nnte°w. Unless applicable law provides ot^",=~. all payments received v' Lender under the Note and paragraphs ,
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<br />and z hereof shall be applied »' Lender first /" payment "r amounts payable ," Lender u' Borrower under paragraph z hereof, then minterest
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<br />payable 'm the Note, then w the principal m the Note, and then w interest and ori".;ip^lo" any Future Advances.
<br />� 4. «hevga^uksw.Borrower shall pay all taxes, assessments and other charges. fines and impositions attributable w the Property which
<br />may attain " priority over this Deed "/ Trust, and leasehold payments ", ground rents, ./ any, m the manner provided under paragraph zhereof
<br />or, n not paid m such manner, u, Borrower making payment, when due. directly ."the pay" thereof. Borrower shall promptly furnish m
<br />Lender all notices ^/ amounts due under this paragraph, and m *the event Borrower shall make payment directly, Borrower shall promptly
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<br />furnish to Lender receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Deed mTrust;
<br />provided, that Borrower shall not be required m discharge any such lien ^" long = Borrower shall agree io writing * the payment vfthe
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<br />obligation secured o, such lien /"" manner acceptable ," Lender, m shall m good faith contest such lien by, or defend enforcement m such lien
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<br />in, k-gal proceedings which operate m prevent the enforcement "r the lien ", forfeiture w the Property ", any part thereof.
<br />S. Hazard /m=nswce. Borrower shall keep the improvements now existing = hereafter erected "" the Property insured against loss m,fire,
<br />h-7u , included within the term "extended m."mge^. and such other hazards "` Lender may require and m such amounts and for such periods
<br />as Lender may require; provided, that Lender shall not require that the amount "/ such coverage exceed that amount v/ coverage required ."pay
<br />the sums secured ^, this Deed "rTrust.
<br />The insurance carrier providing the insurance shall o" chosen », Borrower subject '" approval b, Lender; provided. that such approval
<br />shall not oo unreasonably withheld. Auvrem/ums""/mur"mcev"/."/es.»al/mvaiumm"mmmn,,".ided."uerparagmv»zhereo/",.a"m
<br />paid m such manner, o' Borrower making payment, when due. directly 'o the insurance carrier.
<br />All insurance wmicies^ounnewxl,'mrw/shal/be/om"naccer"u,m/",mero"o,m,o/mluo,us,uooarunmnxageaum,ma~",=/
<br />and /n form acceptable m Lender- Lender shall have the nW,'," hold the policies and renewals thereof. and Borrower shall promptly furnish m
<br />Lender all renewal notices and all receipts a paid premiums. m the event "r loss, Borrower shall give prompt notice m the insurance carrier and
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<br />Lender. Lender may make proof ,/ loss x not made promptly *'Borrower
<br />Unless Lender and Borrower otherwise agree ." writing, insurance proceeds shall o" applied ." restoration or repair "f the Property
<br />damaged, provided such restoration ",.epai'', economically o"uu"""u,m,==n^y"/,u^o"ed°/T,ust/,""'mer*by impaired. xsuch
<br />restoration or repair is not economically feasible =x the security "/this Deed a Trust would be impaired. the insurance proceeds shall »"
<br />applied m the sums secured o, this Deed ,rr=*. with the excess, ./ any. paid = Borrower. x the Property /" abandoned b' Borrower. ofn
<br />Borrower fails m respond w Lender within mdays from the date notice .`mailed by Lender ° Borrower that the insurance carrier offers w
<br />settle ° claim for insurance o`""su. Lender ° authorized /" collect and apply .h.`ns",""= proceeds ". Lender's option either m restoration ",
<br />repair ^f the Property or." the sums secured ^' this Deed ",r"=.
<br />Unless Lender and Borrower otherwise agree ." writing, any such application "/ proceeds t" principal shall not extend ", postpone the due
<br />date"/.he monthly installments referred °m paragraphs / and z hereof ",cx=^" the amount "/ such installments. /r under paragraph 'o
<br />hereof the Property is acquired o, Lender, all right, title and interest ", Borrower = and w any insurance policies and ." and w the proceeds
<br />thereof resulting from damage m the Property prior m the sale or acquisition shall pass * Lender m the extent "/ the sums secured o, this Deed
<br />vr Trust immediately prim m such sale or acquisition.
<br />6. Pmervatim mod Malskmancir of Property. Lesialsoldir; Cood"nsioll"ess; mmsed Unit Develolimeb. Borrower "hall keep the
<br />Property m good repair and shall not commit waste orp="ti. impairment ", deterioration ", the Property and shall comply with the provisions
<br />"/ any lease x this Deed ", Trust u="^eascxu^.x this Deed "/ Trust ,^""" unit .""condominium or"vtann* unit development, Borrower
<br />"/ perform all m Borrower's obligations under the declaration ==°ena"^ creating or governing the condominium ", planned unit
<br />development. the by-laws and regulations of the condominium or planned unit development, and constituent documents. //"condominium or
<br />planned unit develop s�n rider u executed u' Borrower and recorded together with this Deed o/ Trust, the covenants =Jwxecmients"«such
<br />rider shall b° incorporated into and shall amend and supplement the covenants and agreements "/ this Deed "r Trust asx the rider were ^part
<br />hereof.
<br />z nrolecmostwIA4=er'" Security. n Borrower fails .° perform the covenants and agreements contained ." this Deed ", Trust, or.,any
<br />=uoo,pr°=edi"ou"=""""ced°u"h=u"/al/,,/w"u/""der'".mer=,."m"p,"w".'.."c/"o/"o.wx°m//""t°um.u".nen'u"==".
<br />insolvency. code enforcement, m arrangements =p=`cuwn.",u,ing" bankrupt ° decedent, then Lender * Lender's option, "n""=""=
<br />m Borrower, may make such "pp"ar=m. disburse such sums and take such action =u necessary m protect Lender's interest, including. but
<br />not limited to, disbursement "/ reasonable attorney's Im and entry upon the Property mmake repairs. /r Lender requited mortgage insurance
<br />=" condition m making the loan secured ," this Deed w Trust, Borrower shall pay the premiums required m maintain such insurance ."effect
<br />until such time = the requirement for such insurance terminates .n accordance with Borrower's and Lender's written agreement °applicable
<br />I&,^. Borrower "v°,'x="°""."rm/mor/~we^nsur==pem""m,m,he==°=n`"*^"«""*`p°"gr^ph 2^"""/.
<br />Any amounts uuuursed by Lender pursuant m this paragraph r. with interest thereon, shall become additional indebtedness of Borrower
<br />secured br this Deed "r Trust. unkm Borrower and Lender agree w other terms °, payment, such amounts shall he payable upon notice from
<br />Lender *Bor,wi..~w""*~nw"rie"` thereof. and shall bear interest from the date ", disbursement "" the rate payable from time ." time ""
<br />outstanding principal under the Note unless payment a interest "'°"^ rate would ^" contrary ..applicable law. ." which event such amounts
<br />shall ben interest * the highest rate per"**b4."ntler applicable law. Nothing contained ." this paragraph ` shall require Lender ." incur any
<br />*a �v=�=�
<br />1 =n=�m "=°
<br />�__ u mmp~irm". Lender may =*"° cause ."b" Made reasonable entries upon and inspections ^'.^"p,"pe,.,. pro, aed that Lender shall
<br />give *"""we notice prior m any such inspection specifying reasonable cause therefor related m/,fid"^ interest ." the Property.
<br />40. «owdomwmilie". The Proceeds "/ any Award .. claim for damages, o."", Lit ="~v=^"l,." connection ..m any condemnation ."
<br />other taking of the r"pertv.or part ,wvwA, or,=""°r"n,:,= lieu ^..""mro"m°°. are mrcts� assigned And shall », paid w/cride.
<br />In the. event *°,"ai taking * the p^,=r`. the '"~=a shall ts�t"~ved it, the ~,°e,�,.cijw this p"dwn"^=^'ie t^"`,
<br />pw*."w"."°e, '" the ~tn..* pitt.=u=io"^f�! !he n"�",. ""+~o,',.^=Am! "m,.~m.°.��,�."~,"."m..m,°^^�/�wr'"^
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