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VI.5
<br />Qu-- ice ,6015
<br />agree as follows.
<br />nptr Voill allies Asti she principal of and mserest on the
<br />ar pteirided'in The Noss. and she Principal of and kstefcel
<br />a+s wr Ata� }rR ?r�x�tnw vl mw wv.Mrv+
<br />�Ir llwisa'rrsd l�rrraert. SttlMjacf tr► aPpltetlhie h+M ar to a written waiver by Lender. Borrower shah pay
<br />to 1ANW on 116e d41y rtststaft kuAlliento tat prplespal !bail iemmlit are payable under the Note, until the Note is paid in full.
<br />a getar 4, 44 'Rrtsldi"� =!>lsial rag °buYr rsret�Ni af_ the 'youly loxes and asatssmaMe. which may attain pisorhy over this
<br />fi�ei¢dsf' ' , easel►onrMa ley. ittasy,:plus o/Mr twelfsh of yearly premntm insullfncnts for harsrd mwrance .
<br />piw o� [rM Prek4bin g,WiA� fiacr Bale dagrame, if any, all as reasonably estimated initially and from
<br />liahit`i1C tisn°s'by "1„afJdr an tlis"baaisaf t►tieasinsauf gad sedL►easonable estimates thereof.
<br />T7te FrtaN cents lot bell in on, inst*i hoe the deposits or accounts; of which are insured or guaranteed by a Federal or
<br />Na1t:.a�cyi�!RAtroider,� LendoeJe such as imbitutionl. Lender shell apply the Funds to pa said lases. assessments.
<br />tuturaom premhtrns , J. irsu irW tenth. Lender mar not chtaiYe foe a0 holding and applying the Funds. analyzing said account
<br />or vanfjrhtp eat! eaagiilJrag' said araerantels" alyd brNa, !►secs gentler pays Borrower interest on the Fundt and applicable law
<br />�ttmiks, Lersilla so masse oKk a cba►pa. Sorrows r °and Lender may Wa in writing at the same of execution of this
<br />peed of Trust rear gttereae on the Fluids shall be;pid to iorrower, and unless such agreement is made or applicable law
<br />mottoms nick intomer t'o'ot paid, Limdsir shtli xdd be mills iced to pay Borrower any imefe%i or earnings on the Funds. 1 ender
<br />shNf.give to borrower, without chorit. as armed accounting of the Funds showing credits and debits to the Funds and ttM
<br />loin v* tieA -+rack debit 4e, she Funds. was isads. The' Froolk ads pledged as additional security for the sum: secured
<br />teals Deed. of'Truse.
<br />It the smosolit of tfse FuiNe kid by Lender, "ether with the (Ware monthly imtsl►ment$ of Funds payable prior u,
<br />ehadatr rletea t'lines astessretarses; itiwrancs:prtmiWns ond•ground refits, shall exceed the amount required to pay said faces,
<br />aetaaaasetsM, titawanet promisum and ground tent► as they fall due, such escess shall be. at Borrower's ogwn, either
<br />proAtptfy mpai to lorrower dx credited to Borrower on monthly installn mis of Funds. If the atnoimt n the Fonda
<br />he lot Lt'irikr'" not tit sl %dent to pay taxes. wsessments. insurance premiums and ground rents as they fall due.
<br />Borrower shalt pay to Sander any amount riteeeasss�ar to make up the deficiency within 30 days from the date notice n mailed
<br />by Loehr to Borto+wc;regseecieg payttaeset Ibsraof.
<br />Upon fryrpwW in full of NI sulnt secured by this Deed of Trust. Lender shall promptly refund to Borrower any Ft:..Js
<br />held by Lear. If under paragraph to home( then Prripatty is sold or tlk Property is otherwra acquired by 1 ender. I cadet
<br />shag apply, no later than immediately prior to the safe of the Property or its acgtusuton by (.ender. any Funth held by
<br />Loader at the time ofrppIicidion sit a credit against the sums secured by this Deed of Trust
<br />7. kpp$cWbe of t1rytoomos. Unless applicable taw provides otherwise, all payments received byy I. cndcr under the
<br />N and 2 hereof shoal be applied by Lender ti nt in payment of amounts payable it, L cndcr by Borrower
<br />s►(, then to interest payable on the Note, then a the principal of the Note. and then to interest and
<br />x Advoseon.
<br />d( Cbarl 11taa, Ilortower thall pay all taxes. assessments and other charges. fines and rmpostuons iunbut±bie rn
<br />The Property which may attain a Priority over this Teed of Trust. and lemehold payments or ;round rents if any. in the
<br />ina mosir tMrided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment. when due, directly
<br />to the payee thereof. Borrower shall promptly furnish to Lender all nonce% of amounts disc under this paragraph, and in the
<br />evert Borrower shall make payment directly, Borrower ►hall promptly tarnish to Lender receipts evidencing such payments
<br />Borrower shall promptly dnchorpe any lien which has priority over this Used of Trust: provided, that Botr„v.er shill not he
<br />required to discharge any stick lien to tong as Borrowsf shall Zee in willing to the payment of the ohhgil—n secured b%
<br />such lien in a mariner acceptable ro Lender, or shaft on good faith contest such lien by, or Jefend enforcement of stich lien in
<br />legal p�oceeding% which opente to prevent the enforcement of the lien of (orfenure of the Property or any part thereof
<br />S. steers itweaaet. Borrower shalt keep the improvements now existing or hereafter erected on the P,uperty insured
<br />a�einst kris by flee, hasards included within the term "extended coverage' anti such other hosed% as I cndcr may tcgdnrc
<br />and ra such amewttu and for such perwds as t.etseltn may requiter provided. that 1 erode shall not require that the amount r•1
<br />such coverage exceed that amount of coverage rextinred to pay the sums secured by the. Decd of T ruse
<br />The insurance, u:ner providing she insurance shall be chosen by Borrower stibleci to approval by 1 ender provided
<br />that such +tppr al she" not be unreasonably withheld All premiums on imuran[e policies shall be paid in the manner
<br />Iin vided is•d�r vpsi=pb 2 hereof or, It tat pad in such manner, by Borrower making payment, when due, directly to the
<br />truesaysce carrier
<br />All insw a ice policies and renewals thereof shaft be in form acceptable to f coder and ,haft in%tude a soodard mortgage
<br />clause in favor of and in form acceptable to Lender Lender shalt have the right to hol.t the pohucS and icnea,.Js thereof.
<br />and Scrro%ter shelf promptly furnish to Lender all renewal nieces and all receipts of fia,d premium% In the event of to-,a.
<br />Borrower shad give prompt notice lathe iforwance caner and Lender Lender may mate ptoof of loss rf nut made prompty
<br />by lerrower.
<br />Unless Lender and borrower otherwise agree to writing, insurance proceeds %halt tau: applied to rc%toratton at repast of
<br />the Property damaged, provided such restoration or repair is economically feasible and the steamy of this peed of Truss i.
<br />not ihcteby, impaired It such restoration or repair is not economically fusible or if the Wcuruy of this, Deed of Trust would
<br />be impaired• the insurance proceeds shall be applied to the sums secured by this Decd of Trust, with the cites.., if any, paid
<br />to Borrower It the Property is abandoned by Boriower, or if Swrower fart% to rc%pond to Lender within 30 days from the
<br />date notice is nailed by Lender to Borrower that the insurance carrier olfeis to settle a datm tot insurance benefits Lender
<br />it asnhorfted to collect and apply the mwrance proceeds at Lerd"'i, option either to restoration or repair of the Property
<br />of to the wan secured by this Deed of True.
<br />Unless Lender and Borrower cnherwtw agree in writing, any such application of proceeds to principal shah nut extend
<br />or potlpone the due date of the monthly insWiments referred to in yaragroph% I .end ? hereof or change the amount of
<br />man tiytalhnerils If under paragraph IN hereof the Property is acquired by Lender_ Al right, title and auerest of Borrower
<br />in and to any Insurance pohctes and in and to the proceeds thereof Mulling Isom damage ro the Property prior to the sale
<br />or ix ginitition thatl pass to [.ender to the eaten of the sums, secured by this Deed of Trust immediately prior to such sae or
<br />L treet"odoe sad 1slslMeaassm of Prsperryt Leasebolds; Caadatanduwn; Messed Unit DevNtyiwems. Berrowet
<br />shall keep the Property in good repair and %hail not commit waste %.r permit intpauntcnt err J ocrrorarwn of the Property
<br />and thdl comply with the provtsans of any lease if this Deed of Trust is on a leawbold if this Deed of Trust is on a unit to it
<br />condemimwn or a planned unit development, Borrower shall pedorm all of Borrowers obligations under the declaration
<br />or covenants creaucts of governing the condominium or planned unit development, the by-laws and regutattom of the
<br />condominium or planned unit development. and constituent documents If a condominium or planned unit devchipmeni
<br />rider it executed by Borrower and recorded itagether with this Deed of Trust, the covenants and agreements of such rider
<br />SW tti mcarporated iaso gad ttsal'I amend and oupplemait the covenants and agmements of this Deed of Trust as if the rider
<br />wore a pen bars►(.
<br />1. f sftd&m of t.eadeeN lsceetfr. If Borrower fads to perlorrrs the covenants and agreements contained in this
<br />Dead of Trusts at if say action or pin osedtng is eommesaced which materially affects Lender's interest to the Property .
<br />iuekiding. but not lissilod to• eminent domain, insolvency, code enforcement, or arrangements or proceedings involving a
<br />btylkwpr or decades t, these Lfsesdes as Leader's option, upon notice to Borrowet, may make such appestancet disburse such
<br />awes ladad'Nk! enl'h tatiioll as is neoessaty to promct Lenders interest. including, but not limited to, disbursement of
<br />taasassNtss- tksantey's (tent and malty ►sport eke Pieper! to make repairs if Lender required motiggc mwrance as a
<br />fllaafiseee 1 row—bass am won ac, kY rhK DMd of Trutt, Borrower sMll pay the premiums required to msmtam such
<br />hosertlr`a *two* *1 x a the moment for such insurance terminates to accordsncc wills Borrowei s and
<br />gr•+•sam or able taw bwtowtr (hail pay the amount of all mortgage insolence prenuums sir ihr
<br />twaaner pwvloed under parallimplis, 2 hereof
<br />Any olowliese diabslrsed by Leader pursuant, is this paragraph ?. with interest thereon %hall he,onic addition d
<br />ldid .or or B orris " seeuftd'hy Ihit Uteri of Truitt Unless Ifotrewtr and 1 ender agree to other term% at paynieni .it, Is
<br />oororNns flats fill payable epos nottee from Leader to Bor lower rsytesttng payment thereof, and %hall heat mernt from the
<br />dlaae of ihbwORwAau at the rase payable from Herat to time on outstanding principal under the Note unless payment of tnterrest
<br />N each tea womfd be coattary, to aW#cabk law, in whwh even, such amounts shall hear —aerese au the hsahest rate
<br />psrmleatbk'►ride! applicable few Nothing conrauasd in Ihrs Paragraph 7 shall require !.ender to nisi any expense or take
<br />aay rtttion beroundkr >'
<br />g. taepeelMw I_sndeo may ,nuke at cause to be made reasonable entrx% inpon amt .n.pe<t..,.... of the p ... l.erty ntn..dcd
<br />that Bender Wharf give flo rrowtr M"dCe Pttor to say such smpectson apecsfymg rrasortahte t Ouse therclo, "eared it, 1 ""Jet .
<br />rniamso sot de promptly
<br />t�:l�
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