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<br />86-,.i 1 "5462
<br />stllwee sae Centsrratan. ""*ill" and LeMlrr coveararN and agree as foftotrl!
<br />(. }tyAaal ef£
<br />and Imewse.'lloreeworshtQl }rosrpMr Pay when due The principal of and interest on the
<br />imdeMerlmttes evidemaai no,mot, IaN chaste a Provided in the Noss, ant the Pdoleipet of and interest
<br />ere Fntwe /lofhtalstm saeNred 1y a of Trent.
<br />i 1r T6464 iBi lltlwffnes " b >!/liettlde law of a widen waive by Lender, Bortower shall Psy
<br />a I.iiNsr of dis y itauNi Nf'N'pnecipshuid inlsmf ac parable un&r the Nose. until the Note is paid in uh,
<br />a tea r (hMlTrta ?'l Nit /1"I 000 WOetotooss i' of die yearly tatrea and assessments -which may attain priority over this
<br />f> ',of Trwt iteWii';W on Iha Tree a ty. if say. plow one•lwNfth of yearly premrua installment for hared insurance.
<br />phn''ate tvreHth rest yewly`pretsiitrn' inpsllttaents fa reoie inwraace, it any. all as reasonably estimated initially geed from
<br />IimaJO`INMyy I: aideeal= huka< aewnisueMdialkand •rsMOMbk`eaimstrtehereor.
<br />The =FattsdaehaB be hs#il ins an irstrilusion °the tkpoails a atacarrrs,d which ate insured of guaranteed by a Federal or
<br />start a4eney (ineht�ty Lelsier'if Lender �a asseh am imetiturion3. IaTader shell apply the Funds to pay said taxes, assessments.
<br />nMWssee premiums tai pound tenth. Latdermay rrN'i:hatge fa ib heliiisj end applying the Fnssdti analyzing said account
<br />a vsritying -and oeoripilirtg said sasasnTSemu'astd belle, tanlae leader payt,�orenwer interest on the Funds and applicable law
<br />�ertwM► Lstidar to TTtatt;tMltll a r barge. Barnwrer alai Lender ray aBrsa in writing at the tithe of, concessions of the%
<br />Daeil of'Trwt'Iha iMerefl on /he Fronds siiaM be paid tag doirower and'ur►kss arch agreement is made or applicable law
<br />egiiires ssseli' iisareat b be rid, Lander dqN Isbtbe segitired 10 }a Bonowcr any interest or earnings on the Funds. I coder
<br />slall,gire a Borrower, withaTt charge, an aratwd accamttrtsg d the'Ftlr%ds showing credits and deMU :o the Fun& and chic
<br />ryrBoss oc wrieY Battle oMbit u the Auade ww made. Tlr' Ftstsde an pledged as additional security for the sums secured
<br />By Fruit aaa'O Or I "an.
<br />If Ihcastaolow of the Ftnsis hNd by Lender, Ingather with the future monthly imiallments of Funds payable prior la,
<br />the due dam of least, aaesunsMf, irnursnce pstrni►rts and ground rents, shall attested she amount required to pay said taxes.
<br />aaenattielach, insectaries presniurrn and pound rents as they fall due, such excess shall be. at Borrower's option, either
<br />�orMplty repaid to Bismawsr a efedited a Boreower on monthly ieetalheents of Funds. If the amosio t of the Funds
<br />heW by Lender shalt not be tmlBeient to pay taxes, clonan tents. insurance premiums and ground rents as they fall due.
<br />Borrower shall pay to loader any rresurK nauacaelulwy to make up the def♦citmcy within 30 days from the date notice is mailed
<br />by tamder to Boerowa rqused tg pmyeatt wareof.
<br />Upon payment in tuft of all sums secured by this Deed of Trust. I.ender shall promptly refund to Borrower any Ftt,.J%
<br />held by Lenitr. If under paagraph U hereof the Property rot said or the Property is otherwise acquired by I ender. Lender
<br />shall apply. no later than immediately prior to the ark of the Properly or its acgmsdton by Lender. any Funds held by
<br />Leader N the time of application as a credit against the sums secured by the Deed of Trust
<br />J. Ap111 Mara of TsynitMa. Unless applicable law provides otherwise, all payments received by Lender under the
<br />Noe and paragrr 1 and 2 hereof shall be applied by Leader first in payment of amounts payable to L ender by Borrow cc
<br />under paragraph 2 hereof, then to interest payable on the Note, then to the princepai of the Note. and then to interest and
<br />principal on any Future Advassces.
<br />( Chsrgp; Less. Borrower shall pay all taxes. assessments and other charges. fines anal impositions atrrit+urable to
<br />the Property which may attain a priority over this Deed of Trust, and leasehold payments or ground rents, if any. in the
<br />martini provided under paragraph 2 hereof or, if oor paid in such manner, by Borrower making payment, when due. directly
<br />10 the ppaayee tl%eraof. Borrower shall ppromptly furnish to Lender all notices of amounts Joe under this paragraph, and in the
<br />event Cy rower mate payment directly, Borrower shall promptly furnish to Lender receipts evwkncmF such payments
<br />Borrower shall promptly diseharlie any lien which has priority over this Deed of Twist; provided, that Burrower shall not tic
<br />required to discharge any such lien so long as florrowet shall agree in writing to she payment of the obligalmn secured b%
<br />such lien in a manner acceptable to Lender, or shall in lord faith contest stich lien by, or defend enforcement of such lien in
<br />lq* pproceedings which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof
<br />;1. fdaaart lnwam. Borrower shall keep the improvements now existing or i tteafter erected an the Property insured
<br />against loss by Are, hazards included within the term "extended coverage and such other hazards as [.coder may require
<br />and in such amounts and for such periods as Lender may require: provided, that Lender shall not requir^. that the amount of
<br />such coverage exceed that amount of coverage required so pay she rums secured by this (Deed of Trent
<br />Tire insurance carrier providing the insurance shay be chosen by Borrower subject to approval by 1 ender. provided,
<br />drat such approval " not be unreasonably withheld. All premiums on insurance policies shall be paid in the manner
<br />Provided render paragraph 2 heroof a, if not paid in such manner, by Borrower making payment, when due, directly to the
<br />seswasee
<br />carrier.
<br />All insurance policies and renewals thereof shall he in form acceptable to I ender and ,hall include a standard mongagc
<br />clause in favor of and in form acceptable to Lender Lender shall have the right to hold the polices and renewals thereof.
<br />ad Borrower shall promptly furnish to Lender all renewal notices and all receipts of pa,d premiums In the event of loss.
<br />Borrower shall live prompt notice to the insurance carrier and Lender. Lender may malts: proof of lot, it out made prompil$
<br />by Borrower.
<br />Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or repair of
<br />the Property damaged, provided such restoration or repair is economically feasible and the security of this Deed of Trust n
<br />not thereby impaired If such restoration or repay is not economically feasible or if the securely of this Deed of Trust would
<br />be impewest. the insurance proceeds shall be applied to the sums secured by this Decd of Trust, with the excess, if any, pattl
<br />to Boaower if the Property is abandoned by Borcower, or if Borrower fast to respond to Lender within 30 days from the
<br />date notice n molded by lender so Borrower that she insurance carrier offers to %cook a %lairs for insurance benefih I.ender
<br />is authorized to calker and apply the insurance proceeds as Lenders option either to reslonuon or repair of the Property
<br />or to the aunts secured by this Dad of Trust.
<br />Unless leader and Borrower otherwise agree .n -Firing• any such application of proceeds to principal shall not extend
<br />or pestpont the due date of the monthly ietsatlments referred to in i aragraphs t .ind 2 hereof or change the amount of
<br />such installments If under paragraph I g hereol the Property is acquired by Lender. all right, title and mtere,t of Borrower
<br />in and to may insurance policies and m and to the Proceeds thereof resulting Irani damage to the Property prior it) the sale
<br />or acquisition shell pass to Lender so the talent of the suers secured by this Deed of Trust immediately prior to such s: le or
<br />♦. Priewwo bas sad hlttinseamnct of Prelperty; Leaiarlagw. Cead*mlwirms; Planned Lim" Developments. Borrower
<br />%halt keep the Property in good repair and shall not consma waste we permit ,mpaunxnt ur uctcnorati„n of the Property
<br />and shaft menpty with the prowisiorn of any low d this Deed of Trust is on a kasehold It this Decd of Trust non a unit in a
<br />condominium or a planned unit development. Borrower shall pedorm all of Borrower's obligations under the declaratton
<br />w covenants creating or governing the condominium or planned unit development, the by-laws and regulation% of the
<br />condominium or planned unit development, arid constituent documents. If a condominium or planned unrl development
<br />rider is executed by Borrower and recorded sogethar with this Dad of Trust, the covenants and agreements of such rider
<br />shell he incorporated imo and shall amend and suppki the covereanrs and agreements of thn Deed of Trust as if the rider
<br />were s part hared.
<br />7. Paoeetbm of talosi secsrky. if Borrower fails to perform the covenants and agreement% contained in this
<br />Dell of Trust, or if stay action or proceeding is commenced which materially affects Lender's interest in The Property.
<br />tnchtdieg. hot not ItnTied to, consistent domain, insolvency, code enforcement, or arrangements or proceedinp involving a
<br />bsalttvpl at decedent, shall Lender at Lender o option, upon notice to Borrower, may make such appearances. di%hurse such
<br />stns end lobe coach scion as is neewry 10 protect Lenders interest, including. but not limited to. dishurwment of
<br />#meow" stltrrlNy'a fees and amity upon the P"f to make repairs If Lender required malgage insurance a% a
<br />cosdkoe of orating the loan seemed byy this Dud of Wtnt, Burrower shall pay the premiums required to maintain such
<br />inuurance in ~ smell smeh time es the requirement for such insurance terminates in accordance with Borrower'% and
<br />L.arsiera written agreemt"t or appikabk law. Borrower shall pay the amount of all mortgage insurance premiums art the
<br />osantnr provided under para /reph 2 hereof.
<br />Any anewrms ditbvttei by Lender purwsal to the paragraph 7, with m:creu thereon shall hevome addawn.d
<br />intktradnew of Borrows$ secured by this Deed of Tent Unka Baruwef and 1 ender epee so other terms of payment %w h
<br />amwsnes it" be payable upon indict from i.ender to Borrower requesting psyosent thereof, and shall heat tnotieu from the
<br />sae of Okbwoun nt at the rate payable from time to lira on outstanding principal under the Note onsets payment of interest
<br />at such tae would be contrary to applicable low, in which event such amount% shall heat .merest It the highest rate
<br />ptrmieibis under applicable law. Nothing contained in this paragraph 7 %hall requite Lender to ncur any expense or take
<br />any action hartursdd.
<br />a, irrpeetimn. Lander may make or cause to be meek reasonable manes upon and inspeci.on, of u+c P ... pc,tr P,...,drd
<br />thole (snider shall give Borrower notice prior to any such inspection specifying ressenahle cau,e ihcrefor ,eta,rd t,. I .ode• .
<br />imare a in the ►rontrsv
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