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x paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall <br />anal accounting of the Funds showing credits and debits to the Funds and the purpose for which each <br />s are pledged as additional security for the sums secured by this Deed of Trust. <br />Lender, together with the future monthly installments of Funds payable prior to the due dates of taxes, <br />;round rents, shall exceed the amount required to pay said taxes, assessments, insurance premiums and <br />s shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly <br />rf the Funds; held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and <br />shall pay to Lender any amount necessary to make up the deficiency within 30 days from the date notice <br />do& payment thereof. <br />ecured by this Deed of Trust. Lender shall promptly refund to Borrower any Funds held by Lender. If <br />y is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately <br />requisition by Lender, any Funds held by Lender at the time of application as a credit against the sums <br />ess applicable law provides otherwise, ail payments received by Lender under the Note and paragraphs t <br />first in payment of amounts payable to Lender by Borrower under paragraph 2 hereof, then to interest <br />al of the Note, and then to interest and principal on any Future Advances. <br />II pay all taxes, assessments and other charges, fines and impositions attributable to the Property which <br />crust, and leasehold payments or ground rents, if any, in the manner provided under paragraph 2 hereof <br />rrower snaking payment, when due, directly to the payee thereof. Borrower shall promptly furnish to <br />Jet this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly <br />uch payments. Borrower shall promptly discharge any lien which has priority over this Deed of Trust; <br />required to discharge any such lien so long as Borrower shall agree in writing to the payment of the <br />met acceptable to Lender, or shall in good faith contest such lien by, or defend enforcement of such lien <br />revent the enforcement of the lien or forfeiture of the Property or any part thereof. <br />hall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, <br />ided coverage ", and such other hazards as Lender may require and in such amounts and for such periods <br />.ender shall not require that the amount of such coverage exceed that amount of coverage required to pay <br />ie insurance shall be chosen by Borrower subject to approval by Lender; provided, that such approval <br />premiums on insurance policies shall be paid in the manner provided under paragraph 2 hereof or, if not <br />ing payment, when due, directly to the insurance carrier. <br />s thereof shall be in form acceptable to Lender and shall include a standard mortgage clause in favor of <br />ler shall have the right to hold the policies and renewals thereof, and Borrower shall promptly furnish to <br />rts of paid premiums. In the event of loss, Borrower shall give prompt notice to the insurance carrier and <br />if not made promptly by Borrower. <br />.mse agree in writing, insurance proceeds shall be applied to restoration or repair of the Property <br />repair is economically feasible and the security of this Deed of Trust is not thereby impaired. if such <br />ly feasible or if the security of this Deed of Trust would be impaired, the insurance proceeds shall be <br />.d of Trust, with the excess, if any, paid to Borrower. If the Property is abandoned by Borrower, or if <br />ithin 30 days from the date notice is mailed by Lender to Borrower that the insurance carrier offers to <br />rider is authorized to collect and apply the insurance proceeds at Lender's option either to restoration or <br />:ured by this Deed of Trust. <br />wise agree in writing, any such application of proceeds to principal shall not extend or postpone the due <br />ed to in paragraphs f and 2 hereof or change the amount of such installments. If under paragraph 18 <br />der, all right, title and interest of Borrower in and to any insurance policies and in and to the proceeds <br />roperty prior to the sale or acquisition shall pass to Lender to the extent of the sums secured by this Deed <br />or acquisition. <br />x of Ptolerty; LeawAtolda; Condominiums; Planned Unit Developments. Borrower shall keep the <br />ommit waste or permit impairment or deterioration of the Property and shall comply with the provisions <br />t leasehold. If this Deed of Trust is on a unit in a condominium or a planned unit development, Borrower <br />rations under the declaration or covenants creating or gov. -ruing the condominium or planned unit <br />ins of the condominium or planned unit development, and constituent documents. if a condominium or <br />aged by Borrower and recorded together with this Deed of Trust, the covenants and agreements of such <br />ill amend snd supplement the covenants and agreements of this Deed of Trust as if the rider were a part <br />ly. If Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any <br />tick materially affects Lender's interest in the Property, including, but not limited to, eminent domain, <br />igements or proceedings involving a bankrupt or decedent, then Lender at Lender's option, upon notice <br />rtes, disburse such sums and take such action as is necessary to protect Lender's interest, including, but <br />able attorney's fees and entry upon the Property to make repairs. If Lender required mortgage insurance <br />red by this Deed of Trust, Borrower shall pay the premiums required to maintain such insurance in effect <br />such insurance terminates in accordance with Borrower's and Lender's written agreement or applicable <br />all mortgage insurance premiums in the manner provided under paragraph 2 hereof. <br />r pursuant to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower <br />Borrower and Lender agree to other terms of payment, such amounts shall he payable upon notice from <br />at thereof, and shall bear interest from the date of disbursement at the rate payable from time to time on <br />unless payment of interest at such rate would be contrary to applicable law, in which event such amounts <br />ermissible under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur any <br />t or cause to be made reasonable entries upon and insp urins of the Property, provided that Lender shall <br />inspection specifying reasonable cause therefor related to Lender's interest in the Property. <br />s of any award or claim for damages, direct or consequential, in connection with any condenvtatton of <br />iereof, or for conveyance in lieu of condemnation, are hereby assigned and shall he paid to I_c+tder. . <br />e Property, the proceeds shall Ix applied to the sums secured by this Deed of `Crust. wnl fhc r.XCe 9, if ar s. <br />real taking of the Property, unless Borrower and lender otherwtw ague in unung, ihcrc ,hail ter at-t,hrd <br />ruu such proportion of the prty vrds ac is e,tuai to :liar prop"51rnse .gin, h, �.,r a:a„rn,t ." the --, .rte urr;t <br />IWI <br />_J <br />