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8E-- 104549
<br />applicable law requiter such interest to be paid, Lender shall not rte required to pay Borrower any intertst c,r earnings con the rands. Lzndcr all
<br />give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the putposc for which each
<br />debit to the Funds was made. The Funds are pledged as additional security for the sums soured by this Deed of Trust.
<br />I f the amount of the Funds held by Lender, together with the future monthly installments; of Fund payable prior to the due dates of axes. -
<br />asswrinents, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance premiums and
<br />ground tents as they fail due, such excess shall be, at Borrower's option, either promptly repair! to Borrower or credited to Borrower on monthly
<br />installments of Funds. If the amount of the Funds held by Lender shall not Sac sufficittti to pay lira, assessments insurance prinnu to and
<br />ground rents as they fall due, Borrower shall pay to tender any amount necessary to make up the deficiency within 30 days from the date rtotice
<br />is mailed by Lender to Borrower requesting payment thereof.
<br />Upon payment in full of all sums secured by this Deed of Trust, Lender shall promptly refund to Borrower any Funds held by Lender. If
<br />under paragraph 19 hereof the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately
<br />Orior to the sale of the Property or its acquisition by Leader. any Funds held by Lender at the time of application as a credit against the suers
<br />secured by this Deed of Trust.
<br />3. ApplicaUoa of Payeoeats. Unless applicable law provides aaherwise, all payments received by Lender under the Note and paragraphs I
<br />`and 2 hereot shall be applied by Lender Instill payment of atrtoams payable to Lender by Borrower under paragraph 2 hereof, then to imeren
<br />payable on the Note, then to the principal of the Note, and then to iracrret ari d prittciplid on any Future Advances.
<br />t, Charges: Lives. Borrower shall pay ail taxes, assesmrrazs noel other charges. fines and impositions, attributable to the Property which
<br />may attain a priority over this Deed of Trust, and leaschodd payments or ground rents, if any, in the manner provided under paragraph 2 hereof - -
<br />or, if not paid in such manner, by Borrower making payment. when due, directly in the payee thereof. Borrower shall promptly furnish to
<br />Lender all notices of amounts due under this paragraph, and in the evestt Borrower shall make payment due aly, Borrower shalt preetptly
<br />I
<br />urnish to Lender tempt, evidencing ever€; pasmrrls. Borrower `hatl promptly discharge any lien which has priority over dies Deed of Trust:
<br />`provided, that Borrower shall net be required to discharge any }deco Siff so king as Borrov- -f shall .agree in writing to the pavniem of the ..
<br />obligation secured by such hen in a manner acceptable to Lender, err shall sn ittaod faint contest such lien by, or defend enforcement of such ben
<br />in. legal proceedings which operate to prevent the enforcement of the run or forfeiturr of the Property or any pan thereof.
<br />S. Hazard iatraraaee. Borrower shall keep the imps x `rnrstirs rtow exisLng or imrafter erected on the Property insured a ps toss its tar
<br />hazards included within the term "extended coverage', and such other hazards as. Lender trial require and in such amounts and for such periods
<br />as Lender may require, provided, that Lender shall aim require tt-rai the am ant of such coverage age exceed that amount of ooverage required top",
<br />-the sums secured by this Deed of Trtx:.
<br />The nrsurame ramer providing the insurance shad be chosest t $oirower' st::tapettt tss spprovad by Lender: presided, that su,:h- vii -
<br />shalt not be utt*essonabty ii,alihetd. All premiums on I surance nicilicies shall be pod In the tnanrrer provided tender paragraph 2 hereof or. if ace. - ..
<br />- paid in tell manner, by Borrowa making payment, when due. dire.:t:lc tothe Insurance carrier. - - .
<br />All insurance policies and renewals thereof shalt be in fritin acccptabir to .ender and shall nclude a standard tdrtgagc �iaasr n favor of
<br />and in form aceeptablc to Lender. Lender shall have the right to hold the policies and €srrewads the=f, and Borrower shall promptly furnish to
<br />- Lertrder all renewal notices and Ali rexrpts of paid pmt roams- do tite Rent of loss., Borrower :isatl give promlit notice it, lilt ursamect carrier and
<br />i ruder Lender may snake proof of toss if not made promptly t-1 OOrrt %wes-
<br />Uniess Lender and Borrower otherwise agree in -w utog, Inswartm proceeds sell be applied to restoration -ter repair of the Property. -
<br />darmtged, provided such mmoratum or repair n economically fcaul* and the security of this Decd of Trust is not dlereby implored. If such
<br />T,morauon or repair is not economically feasible or A the avcurn, of this Dce 3 of Trust would be inspaired, the insuraau:c proceeds shall be
<br />applied to the sums secured by this Shod of Trust, with the excess, if any. paid ti: Borrower, If the Property is abandoned by Borrower, of if
<br />Borrower fatls to respond to L.erider within 30 days from the date notwe is mailed tta Lender to Borrower that the ensuranoe carrier niters to
<br />senk a claret for insurance beriens, Lender is sulboruxIl to c:talrcr arna apply the insiazinct, proceeds at. Lender's opium califf to restoration or . -
<br />- repair of *rte Property or to the stuns eevured by .tun Dosed of T rust.
<br />L: ides }..rack and Borrower orherwise agree in w riurxg, any such � of �a reos to ixirr -ipa's shad3.r:nt t�tmJ. €tr pee tpcatc �r cdtte- -
<br />dot If the manthly instadlmers referred to ir parapapla i and 2 hereof or change the amount of such ins2alhoans. If under Paragraph Is
<br />hereof the Property is acquired by derider, all rxgbi, :isle and interest of Borrower in nerd to any "unrarsce policies and tII and to the praoreds.. -
<br />..dmwf resulting from damage to the Property prior to rise sale or segtsisition shall pass to Lest der to the extent of the scans secured by this Deed -
<br />...of True unmediuely- prior to such sak or acquisynco- - - - - -
<br />a, Pteaeresom aad A1alrrteaaare of Property; I.eaaeiel q C°oadowlialams; P1aovA tali Develapataft. Borrower shall keep the -
<br />Propen y en Socid repair and shall not commit waste tx m- not impairment or daeraaratiens of the Property and shau comply with the proy'r alift - of an. lease if thcs freed of T "rust is on a lesaetic id, If this Deed of True rs on a twit to a rutascsminiwn err: a planned Ynk devehipment, Borrower
<br />shall perform ail of Borrower`s obligations under the declarituot or ,mien acs creating or goyertung the cow,10VIAniaait or pdataned unit
<br />developmrrta, the by -laws and reguisrsorr_s of the 000dthounimse, or planned um drvclopm emu and constrraem docunsems If a condominium cur
<br />planned unr: d"citspment rider is exrcutrd bq- HowToom and rexorded together with this Dead of Trust, the covalams and agreementis of such
<br />rider shalt be cncorp rated into and shall aincrtd and i.:Vpiement the oavcnants and agreements of this Deed of Trust as t€ the rider were a part
<br />hereof - - -
<br />Prourboa of L.eadn's *ecarlty. If PkmTt er rates to licrtorm the :,y *enara i and a{treanests : onrattaed in this Deed of Trust, or if mss
<br />action tea prcvcceding is commencer wlttc'ts materially affects tender`s trnenw xn liar Property; including, nut curt hinged to, esmramt dormer,
<br />insol.em -y, :vdt ertorcentat[. yr arrartgctnents n* oteedanga in,ols =ng a uaiikrupt o, drerdrnt then Lender at Lender's oruon, up= not t .
<br />to flortowv, mo *hake ae0) appwancrs, disburse su;:h sums and take sacas iwurt'£, as -s vieimts ssti u, Protect Lender's imcr t lrueludrng. -,%r - -
<br />aw Imute c to, desbwwm,%i of reasonaiue attorney's fees and ercn;v upon the f'rt;erty tr= rmrix repair,. 'if txssda required rnoraaagr imiuramir - -
<br />as a condnurn of rnaktng tote loan secured by this Deed of Trust, Botevwer shall fay tux pxsrnunin required to maintain such insurance in offer
<br />-- - atnt13 suet, a -mr r<.s the requrscmetu for suck itu'Amilce rerrico res in aaexdarivt avid, jlo—wcr'.s acrd levaes'a wzutsn Agreement of Appilicabx - -
<br />lars ir,�aer ,hell; ps.- si a attrzw:ttf alt rrrrtt f artxttr prrrtitutts in lire rrianrtrr lurrvr.s sir Ftm 2 Vim= .
<br />Avis amounts disbursed by Leader pursuant to this paragraph's, with interest thereon, hall becmit sddoultrtai rndtiNeYdness or Beer owes
<br />secured by this teed of Trust. Unless Borrower, and Lender asrae to other terms of psymenr, such amounts shall or payable upon "Ace from
<br />Lender ter Borrower re.,qui sttnq payment thereof, and shall hear Interest front. the ;'late of drabcownithl at tht rats payable from titre to chic +ear,
<br />outilumllitV principal under the }Vote unless paysimM of toterem at;uch tale would be ccmtrary to applicable dew, in which event each smouttu.
<br />shall hear tntrrest at the tughes! toe permissible under applicable Isw Nothutit con lone i in this paragraph u shall requirt l..endrr !ter iwar any -
<br />rxprnw or take wiv A'aAm hereunder
<br />I ow**etisa- lend" reify rnM }.f (n ,xuur tit tw mAde the Prc,xpertl t•ue �xytd[d teller d;nkicr glrai&
<br />ga =e #Met €r+ser nraiwz ptitx tot aria xtxh tnspersfiw*n spectfrxns rraatnabts c�itse rtvsgoftir rdatsxi to denikr's interest its the P+rspert>
<br />4. Cam, 'Itrr t'r <x:rtrd£ e:l airy awarC xxr :luxe tier? tidal +a cy, ifrrratz a:n N;'rttas3#iec teas`. tr •e. t.rt€c =zesr- .0, on, EvwocrilFut - - -.•n gar
<br />.dhel Laksna IA ttw t`rrcaptrts, ern tear' !Year ewer ?. ,. r it r ,.<sa* evarxs;r =i:3ir -t cat- .::ar«dtxn=ut;.x.Fe. art hrsctyy *inure =;: ats:d �hllli e,e na,d to i erx.2re
<br />to sYtt ea -rsii - =l a t'Aa PIKip- " the t *x rns+>'t1, ��,V rw um' lwi- ter- eerie s -rti,x .et.ured >? ;ir, Jvh, ,i I lo,i, .0, it, "'e", -` t-
<br />fist ^: 14eets - ii• Flea r'•rit=- u? x tb{titaa tai ark .=s tk� d''1v xtr- pieta F` 3TrgsrR rR arri: l ti: tr- - h'iv'e rrv5.k' ry0 e: =r, a waif- +beer; -3: nt Sx a.9tx€a.n,9 _
<br />-„ .•; r, r „ ;i4'4sS ..tin, �¢H. a rr, srN +� =_t.t �, ire' 7i <. ttai err. nv,_a - -i.nt- » H t- ,_ ,._. ..- p, I f. . - --
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