86104829 - Laserfiche WebLink

Browse

104829 is applicable taw regt ores sue Kinterest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower• without charge; an annual accounting of the funds showing credits and debits to the Funds and the purpose for whi,u ea.i- {" dehit to the Funds ways made. The Funds arc pledged as additional security fnr thesums secured by this Deed of Trust, ti If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates of tau;. assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance pttrniums and ground rents as they fall due, such next en shah be, at Botrower's option, either promptly rtpaid to Borrower or credited to Borrower . on monthly installments of Funds. if the amount of the Funds held by Lender shall not be sufficient to pay taxes, assessments; insurance premiums and ground rents as they full due, Borrower shall pay to Lender any arr aunt necessary to make up the deficiency within 30 days from the date notice it mailed by Lender to Borrower requesting pa ment thereof. 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 under paragraph IS hereof the Property is sold or the Property is otherwise acquired by Lender, Leader shall apply, no later than immediately prior to the tale of the Property cu its acquisition by Lender. any Funds Field by Lender, at the time of application as a credit against the sums secured by this Deed of Trust. 3. Application of Payments. Unless applicable Is% Pre ^rides otherwise, all pave, eats received b> Lender under the .Note and paragraphs i and 3 hereof shall be applied bw Lender first in payment of amounts p able to Lende. by Borrower under paragraph 2 hereof, then to interest payable on the Note, then to the principal of the Note, anti± then to interest and principal on any Futurt Advances, 4. Charges: Liens. Borrower shall pay all lases. assessments and other charges, fines and impositions attributable to the Property which " may attain priority over this Deed of "