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VI-5 86-- tO5882 usesi taw Ctlroutt &tit's tlorrsswef and Lirndtrr covenant Phil apes as followrr 1. 91a1►w1sM of I'llrteiNal tins/ tirttlawst. empower SW pratwly pay wham dtde the principal of and Interest on the atdabswmm ttwtdaflia" by Ilse Naar. aid Iait charm as ptvasritid in IM Noh, aril the principal of and interest tail stay Future Advances nestling by thin a11roo. & look lino Thad =0 g et. SA10 to prplictlthk law of to a written waiver by L.endet, Borrower shall pey to i.ettdar en IM shy mtoMbly i Owl'911rust. and,gretiand <frette ore the may, d my. phis one -twelilM of yearly premtifm installments (or harsrd insurance phsr oar - twelfth of yoharly premium tnstaN►ntntis for tstetrtgai r insurance, if any. all as reasonably, estimated initially and from ium to time by LetiAtr ae Ilse llama of sanattiena sod bills and reasonable estimates thereof, The Funds sW be held in an inititsttion the deposits or accounts of which are insured or guaranteed by a Federal or state agency(incluilittg Loo6r if lender is such an owitution). Lender shall apply the Funds to pay said taxes, assessments. insurance p prerniumti a pe►mNa Lender to mate ttacb a charge° Borrower and Lender may agree in writing at the time of citecution of this Deed of Trot that interest on the Fddndt shall be paid to Borrower, and unless sstch agreement is made or applicable law rtgwntes such interest to be paid. tender shall not be required to pay Borrower any intete.l or t3rnfn43, on the Funds i ender ahali two to Borrower, without charge, an annual seco stating of the Funds showing credits and dehus to the Funds and rho for whieb am* dabom to the Funds was made. Tina Funds alt pledged as additional security for the sums secured the deed of Trust. If hate amount of the Funds hold by Lender, together with the future monthly 'installments of Funds payable prior its the due dates of taws, asaesanrtents. insurance pretniems and ground rents, shall exceed the amount required to pay said taxes. asatwments. insurance premitti rs and ground rtnts as they fall due, such excess shall be. at Borrower's option, either promptly repaid to Berrown or creokted to Borrower on monthly installments of Funds. if the amount of the Funds held isy Lender shall not be wAicfent to pay taxes. aawessments. insurance premiums and grofInd rents as they f311 due. Borrower shall pay is Lander any senottrn necessary to make up the delkiency within 30 days from the date notice is mailed by Lander to Borrower requesting payment tbereef- Upon payment in full of all sums secured by this Deed of Trust, i ender shall promptly refund to Borrower any Fi...J. held by Le"der. It under paragraph it hertz the Propeny i% sold or the Property is otherwi %e ::cyuttct! by 1 ender I ender shall apply, no laity than immediately prior to the sale of the Property or tit ac qm it#on by (.ender. any Ftond% held by Leader at the time of sWc anon as a credit against the sums secured by this Deed of Trust 3. AppMrttdlart of Taytwtrwls. unless spphcabk law provides otherwise, ail payments recrwed by t ender under the Note and paregraphs t and 2 hereof dull he applted by Lender tint in paymem of amounts payable to I ender by 8rtrowcr under paragraph hereof, then to interest pays on the Note, then to : principal of the !vote. and then to interest and principal on any Future Advances 4, Charges; Ueda, Borrower shall pay all taxes assessment, and other charges fines acid anposiucins mmbiiiahle tit the Troperty which may attain a priority over this Deed of Trust. and lea -thoid payments or ground rents of any in the master provided under paragraph 2 hereof cif, if not paid in such manner by Borrower making payment. when due. directly to the payee thereof. Borrower shall promptly furnish to lender all notice% of amot,mis chic under this paragraph, and in the event Borrower shelf make payment directly, Borrower shall promptly Cornish to tender receipts evidencing such payments Borrower shall promptly discharge any lien which has priority over this (Deed of Trust. provided that Horrov cr shall not he required to discharge any such lien so tong as Borrower shall agree in writing to the payment of the obligai :,tn %ccuied bs such lien to a manner acceptable to Lender. or shall in good faith contest such lien by. or .iefend cnluicement of such lien on legal eedin s which operate to prevent the enforcement of the Ire" or forfemire of the Property or any part thcrco( !. oleatin i iasesnret. Borrower shall keep the improvements now ex' isting or hereafter crccteu on the Property insured against lens by Are. hazards included within the term "extended covrrate . and .uch other hatar.i% as i ender may icquirc and in such amounts and for such periods as i.ender may require, provided, that Lender .hall not require ihat the amount 4.1 such coverage exceed that acount of coverage regtored to pay the sum♦ secured by this Ucc d of f rust The insurance carrier providing the insurance .hall be Chown by Borrower itibiet.t to approval by I ender prov,dcd that such appoval atoll not be unreasonably withheld All premiums on insurance policies shall be paid in the manner R R,