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86- ..104538
<br />„pp!icable i2!w r_qua ,ch ;Memo.+ t•, be paid. !.,ender Sh alt not be repair. -d to ^ay 9- pro -er an} inrfrtrt or tmT irgs can !he Funds. ! ende' Oipl! give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the put.-isse for which each
<br />debit to the Funds was made. 11tr Funds are pledged as additional security for the sums secured by this Deed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates of taxes;
<br />assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance premiums ms and
<br />ground rents as they fall due, such excess shallbe, at Borrower' %option, either promptly repaid to Borrower or credited to Borrower on monthly
<br />installments of Funds, if the amount of the Funds Mid by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and
<br />ground rent as they fall due, Borrower shall pay to Under any amount necessary to make up the deficiency within add days from the dart not",
<br />is mailed by L tither to Borrower requesting prymem thereof.
<br />Upon payment in full of all sums secured by this Deed of Trust. Lender shalt 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, Leger shall appty, no later than immediately
<br />prior to the We of the Property or its acquisition by Lends, any Elands held by Under at the time of application as a credit against the sums
<br />secured by this Decd of Trust.
<br />3. AppStudoo of Paymens. Listen applicable law provides otherwise, all. payment , received by Lender under the Note and paragraphs I
<br />and 2 hereof shall be applied by I,cnder first in pay=irient of` amounLS payakele to Lender Borrower slider paragraph 2 hereof, then interest
<br />payable on the Note, then to the principal of ;he Note, and then to inures[ and principal on any Future Advances..
<br />t. Chrpae Wass. Borrower stall Mall taxes, as*esi menu and or her charge's, fines and impositions attributable to the Property which
<br />may attain a pnorizy ever this Deed of Trust, and leasehold payments or ground rents, if any,_in the manner provided under paragraph 2 hereof -- _
<br />err, if not paid to such manna. by Borrower :Waking payme st, twhers due, directly to the payee thereof. Borrower shall promptly furmith to
<br />Lender all notices of amounts due Taster this paragraph, and in the event Borrower shall make payxnerst directly, Borrower shall promptly
<br />furnish to Lender receipts evidencing such p aytnenu. Borrowri shall promptly, discharge any hen which has priority over this Deaed of Trust; -
<br />� `provsdecL that Borrowe shall rot be required to discharge any su:.#t :iM €o kAW as - Borrower shall Agree in writing to the payment of the
<br />obligation secured by such hen m a manner acceptable to Lender , vex shall in gjod faith contest such lire by, or defend enforcement of such lint
<br />- in, legal proceedings which operate to pros en. tic^ enforcement - -of then Tim a7 forfetrurc of the Property or say part thereof-
<br />S. Huard Loivasiwe. Borrower shall kcrp thetmprovegtma now, existing or hereafter erected on the Property insurrd against lass by fire,
<br />hazards rnciuded within the term "rctreded iPveHge acid sucls;,thtr Itaaardsi as Linder, may require and in such amounts and for such periods
<br />as Lender may require. prorxded, that Lender shall yes require that the arncium of =iich coverage exceed that amount of c-avrragc required to pay
<br />the sums secured by this Deed of Trust - - - - - - The insuranx :artier providing the insurance shall Sr. chosen, ry Borrower sut beet to appal by Lender. prt»ided. that such approval - - -
<br />stall not be unreasontitydy, withheld. Al'. preriaiur i tact rmu anrr° prsucws shall be rsed its the rrttrxnur prasidisd iinda paragraph Z hereof or, if not
<br />paid in such manner, by Borrower makr paysnaat -, whm due., w&realyfo;he a � oc carrier -. - - - - -
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<br />All insurance poix-ists and renew ids tLurra>.f ;'sail tv m `orrp: Acceptable to i..ender acid shalt include a standard mortgage dartrc in favor: of
<br />- _ and in form acceptable to Lender. I ender shall :stave the nght so hoW the ,rah ic:.:and ressev+-aly thercurf. and Borrower shah promptly furnish to
<br />I_endcr.ail renewal notices and all receipts of past# prttini.um.,, In :ter evetzt xt lass. Hcxrawa shat! gx+e prompt rttoux to the irtsisrancie terrier amid...
<br />I.erider. Lersda may mike proof r i ;os■ .f not tnade.purrnptt% rs Barrcwrr. - - - -
<br />Unicss Lender and Borrower otherwise egsm in writusig, mituranicc ;aged° malt be apphed to restoration or repair of the Property
<br />damatrad, provided such - estoration or repent is eronomi alb, feasible and ilia ectr mty of this Deed of Taut a not thereby rmparred_ If such
<br />tazncaudn of repair is not a anoma lolly fraaibk of ;f The WCUr-)L Jf tbas t3ee ± of T vs; would be imspaired, the insurance pramesdlis sin$ lie
<br />applied to the sums secured by this Deed of Trust. wish the morn, if any" paid w Borrower, £f the Property is Abandoned by Borrower. or if
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<br />Borrower farts to trvporid To L.cmser withm aft days from dent date W*j,,r is rained by Lander to Borrower -that the nessteses-e carrier afters to. _
<br />settle a datm for insurer bene firs, i aider is autho tm! to ot,iiocit aunt apply the in mo anot pcocceds at Under's option r uher to nuan bolt or
<br />- - -'. - repair of the Property or to the suros.secu €tai tax tents deed of Trust.
<br />LUnkss Leader and Harrower otherwist ageft io wsuisit, any t ch appsluaamm oS proceeds to principal shalt not eatoid of postpone the due
<br />,date of the monthly anstaillmtnts feferted to to Witipaptu , arts Z haatof C. h lotto the a.ercttm of such rnstal"istertts- elf under paragraph 1.8 _
<br />hereof the Property d acquiredi by Lrttder, sit n0% title and "y er'esi Sit l.�_ WriNe'er Sit a :`rd to Sof tots ""We p"Als'se4 and in and to the prooredsi
<br />therwf resulting from damage to the Propeet y prim to the sate or acqucutiots shad! pass to Lendef to the extert of the sums secured by this Deal.
<br />of Trust unmet iatcty.prior to such We or atequis twirl, -
<br />a. Pstsarwatioe aid tMadnsenanee of Proper": Leasenolda; coadosiginaut Phoned Uzh Deveiapaseuts. Borrower shaft lap the
<br />Prcgerty in good repair and shall not commit w acre or permit unissumem or deterioration of iM Property and shall comply with the ptovi aims _
<br />of any lease if thus Deed of Trust is tin a leasehold, if this Teed of Trust is an is unir in a coodomittium or a- planned unit development. Borrower-
<br />shall perform all of Borrower's obt4ittions under the declaration or cavrrurits creating or governing the Condominium or planned unit
<br />- deveici,pment. the by -laws and resuiations of the coodotnnnium or planned aim development. and documents, If a ocindoiamount or planned unit development ruler is execuied by Harrower and recorded together with this Dead of Trost, the covenants and agreements, of such
<br />rider shall be incorporated into and shall amrod and suppdernert the covenants arch agreements of This Deed of Trust as if the rider were a part -
<br />- hereof. -
<br />protection of Lender's Severity. if Hcitrawtr fails to perform the €avenems and agreements contained in this Deed of Trust, or if any
<br />aLtw.. or mocerding is comtncnced which mataxally affects Lender's miciest :.n the Property; mcluding, but not limited to, emmrnt domains_
<br />tosesivrnxy, rode enforcement, err arraniteroents or prrxtexha&s uTssttving a bantruts! of decedent, then Lend" at Lender's option, upon notice
<br />to Borrower, may make such appearances• disburne siith sums and take su:la asrioss as is necessary to protect lender's interest, including. but
<br />- Tax limned lo, dtsburse ntent of tessoWatde attorneys fete and entry upon the Property to make repairs., 11 Lender required morr_gage rnsunsitice
<br />at it Condition, of malting he loan seemrt+d by this Decd of Trust. Bfxrowet shaft' pay the praimusu required to n, mt in rich rnstitatsa ire effect
<br />until such time as the veguirerri m fen such rmurati r terminates in accordance with Horrewer's and Lends'i written agreement or applicable
<br />law. Borrower Thall tsar the amount of all mart
<br />8?tieniuirrssivr dxrsuums in the trratsncr provided under t>arac ants 2 hereof-
<br />.. Any amounts disbursed try Lerides pursuant to this paragraph 7, with interests thereon, shall become additonat indebte4js7ess e£ Sts,,, -
<br />secured by., his Deed of 'frost_ Unit" Borrower and Lattice agree to other terms of paymi nt, such amounts sharp be payable upon notice tram
<br />Lrndei to Borrower requesting payment thereof, cord shall wear unetest from the date of disbursement at the rate payable from time to tune on
<br />~starsdutpi prirtcipad under The 'rote unicsar paymerst of interest as sui h rate would be contrary to applieabk haw, in whxh ever" such am <7uuts
<br />shall bear interest at the highest "at psertrustibkr under applitande law. Nothing contained in this pataraish ^ shall require Lender to iricur any
<br />riptertfe' ix take env action herou ides
<br />1, hoperties- Lendrr, that' make err cause mo tie made reasorsable esttrtes Olson and tnsptx tl rota cif the Ptoperiv, provided that Lender sriali
<br />tvvr h1cirtrp«e; nta,,t ,_1" r ro say - ywh inspection "W- 41}sng ttaxxnitble «Ixar alserrdttr redaicu to t.eWaier'a interest in the Property
<br />T ('oaWesr 01ho- r'h,r nffts;et _dt z,,( any awatil air rdaim for damiaggy, dirret cr .rmaeslutritiai .n c+.morct-trtsa st oh Am c®rmkmnsri.:ei
<br />-Writ ral,aa of tier f'rrgirfs ^. :;i part thirty. r roar , _isir.v,ru:r un Peet,f ;aorndmrnattzrr, ore hrrem ayssttnni ass;:. ,clad! he ;xa,.! t4• t trattr
<br />ink rt...,.t,04iisa 1041 «11 art^ Fe'nhtirtrr_;tie rr, 47r I, Thai €trap oed;l, Tire t'"" sr, 'red hw in'$ J)"d sti+c.a;.+ ,, ,rilersat, +t44"
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