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A05808
<br />applicabk law requires such interest to be prod, Dada shall tat beregtite'to pay Do 9wa nay Weer" or emskags an dK Ponds. Lends *0
<br />Ow to 8arower, without charge. an annual accounting of the @UUndt siowiag eredih mad debits to the Ptmis and the I - pore for whick mock "
<br />debit to the Puuads wmmmde. The Punchme pbdgedaaadditional rateskr for the war seamed by tike Dead of Toter.
<br />U*e awoou of the Panda hid by fader. tog then v t the IN taoaMrilr iastararaea of Iraads pmyekk prior, to tee doe dams of taus,
<br />asseao I ml A trmaaee praasiams and g[oesd wane. else wood rim amount eageiad 10 par said taw.. assswants, i..>.oe I io.a and
<br />gtosni rants m they fat doe. =& snow dhet be, at ■mmere 'a epslem, ~promply repaid to Bottnwa or rafted us Borrower as nomtWy
<br />ismetmanhs of Pands. If she aooaet of eke loads held by Lenbr shaft not be sadBclent to pay tans, aswsmsas, iassence pataaUiams and
<br />Brandnosas they fatder Bosom
<br />is matted by l.esda to 2m. ma ngeesdeg payano dttwof.
<br />Upon parsec a f W d at sear saeswd by this Deer of pest. Iwda shat proesptly nfmd to !coven mW Pisda hid by Lanier. if
<br />raiders - I it' the f"rapsrtr r sold err the lnopeep h ansndsc ao4eksN by Lander, Leader shat apply. an loam team mwwdiady
<br />prior to the sole of the Peopertr or its aogdskkom by Larder. nay Pend; hold by Lander at eke time of appYaaiaa as a crartt against the reran
<br />tawie I by this Dead off root.
<br />3. Appfsaiam of r m - LW= applicable law provides otktaw3se, at payments :received by bander under the Note and parag ka I
<br />m d 2' - ahal be appiisd ley Leader first io pst3 - of socom pt i — to Leader by Brrower coder per a 1 2 hereof. than to immenK
<br />V-) We an the None, than to the principal of the Noe. and than to imam and principal as my Pam Advances.
<br />4. Chug— Lisw. Buttoner *0 pay all tans, saammaants and other clams, thrs and impositions attrlrresbke to tie Property which
<br />may attain a priority over this Dead of Trust, and leemhold payments or !pound room if nay, a the surer p ovided Under I 2 hereof
<br />or. if ate paid is each manna, by Barrow= making parmest, whom dam, directly to the payee thereof. Bcxv w shat prompdr fetish to
<br />Leader all notion of amounts doe under this paragraph. and so the event Borrower shall smite payment directly, Bonowa shat promptly
<br />f — to Leads rooe4 evidencing each payments. Dortowa shall promptly diaciaage am lkm which bar paioskr ova this Dead of Trust;
<br />provided, that Borrower shall not be required to discharge my such ties so keg m Do.. =Wit agree in wrkiUg to the payment of the
<br />obligation seemed by such Ike in a mama aoxptabk to Lander. or shall is good faith commit each Han by, or defend enforcement of such lien
<br />ins, legal proceediega which operate to prevent the mfomomm of the l m air forfekare of the Property air any part thereof.
<br />S. Reread' Borrow= fiat keep the improvements now ousting or hereafter reacted on the Property leaned against loss by fire.
<br />bamrds achuded whim the tam "euended coverage ", and such other ham enla as Lender may require and is sash aesamss and for such periods
<br />o Leads any toilmh provided, that Lander shall not require that the amount of mock coverage exceed that amount of ooverage required to pay
<br />dreamers sacred by this Deed of Trent.
<br />Tie ioswm t: easier providing the insurance stall be chosen by Besrower =him to approval by i coder; provided, that such approval
<br />sml not be rmamomahly withheld. All laundries as mamarm policies shall be paid in the manes provided under paragraph 2 hereof or. if not
<br />paid in such myna. by Dor:ower making paymeert, when due, diraetly to the imaaraace eerier.
<br />At'wrance policies and resewah thane f shall be in form aceeptabie to Lander and doll include a standard mortgage dame in favor of
<br />and is farm acceptable w Leader. Lander shall breve the right to hold the policies and rraewsh thereof. and Dottowa dog promptly furnish to
<br />Leader aft renewal nodom and at sae , is - of paid proms. In the event of loss, Borrower shall give prompt notice to the imwramx carries and
<br />Leda. Lander am make proof of loo if not made promptly by Borrower.
<br />Ushers Leader and Bornmer otherwise ague in wrWM iarramce prooa , shall be applied to remarmics or repair of the Property
<br />domalmL pmovided rich notmodam or repair is economically feasible and the seausy of this Dad of 'firma is ant thereby issupaire L If such
<br />taMOra . or repair is sot acaaonicsily firmibk or if the sanity of this Dead of Trust world be' I L flee Ssaaramce petscseds shall be
<br />oppfiad to tie sums seanad by this Dead of Tnmt. with tie croms. if asy. paid to Burrower. If the Ptopamty is abandoned by Daeowes. or if
<br />Borrower fish to rapoad to Lender w1 30 days from the date notice to =sled by Lender to Borrower the the iammane carrier offers to
<br />side a dl for isnsamoe handles Leader h atmborind to cmtec and apply the kanurance prooaads at Leader's option either to restoration or
<br />repair of the Property at to the moans secured by this Dead of Trv@L
<br />Wiles Lander and Borrower otherwise agree in wrirag, nay each application of proceeds to principal shatll so attend at postpone the due
<br />d=oe of then tmrow* bwLmlmem .de. d to a pragrapia l and 2 bey or change the amount of such bwwA m a. U under paragraph it
<br />ber eof the Property is acgrirad by Baader. all right. title and - . of Donowes in and to am kmatsrartce policies and is and to the proceeds
<br />thereof resulting from damage to the Property prior to the sale or aogtisitioa shall pass to L ender so the enoent of tie soma seared by this Deed
<br />of inner kmmsgratdy prior to such nk or acgaidbm.
<br />C lraervallan art tlaissssunae of lrnpnrlr; lAmolialdr C odnadmh ms; !heed UaD Dew egammm. Borrower stalk temp the
<br />Property in good repair and *0 not commit waste or permit impairment or deterioration of the Property and shat comply with the provisions
<br />of nay lease if this Deed of Trust is an a kameiold. If this Deed of Tram is on a unit in a condom *= or a plamed oak devdopmeoe, Borrower
<br />shall perform all of Borrower's obligations under the declaration or covenants = or governing the casdomisiam or planned unit
<br />development, the by -laws and regelockses of the condommusim or planned unit development. and coatiruent documents. it a coadomimium or
<br />planned unit development rider h weaned by Borrower and recorded together with this Dowd of Trust, the covenants and agreements of such
<br />rider shall be incorporated into and shall amend and supplement the covenants and agreements of this heed of Trust m if the rider wen span
<br />hereof.
<br />7. Prwasmllw of Lair's a 1 If Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any
<br />action or proceeding is commenced which materially affects Lender's interest in the Property, including, but not limited to, emissions domain,
<br />insolvency, code enforcement, or arrmaommu or proceedings involving a bankrupt or decedent, then Lender at Lender's option. upon notice
<br />to Borrower. may make each apperasces, disburse such sums and take such actim m is nexssary to protect Lender's interest, including, but
<br />AM Seemed to. ditlSrscment of romoaabke attormtey's fee and entry upon the Property to make repairs. If Lender required mortgage insurance
<br />as a condition of making the loan secured by this Dad of Trust, Borrower shall pay the premiums required to maintain such insurance in effect
<br />until such new me the ragaire•aac for such amirmace terminates in accordance with Borrower's and Lender's written agreement or applicable
<br />law. Borrower shall pay the aooaat of all mortgage inssurasce premiums in the manner provided under paragraph 2 hereof.
<br />Any amounts dhbmsed by Leader pmwam to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower
<br />secured by this Deed of Treat. Unless Borrow= and Leader agree to other terms of payment, such amounts shall be payable upon notice from
<br />Lender to borrower segmenting paymrat thereof, and shall bear interest from the date of disbursement at the rue payable from :into to time on
<br />out meaiag principal uadt r the Note union payment of interest at such rue would be contrary to applicable law, or which even such amounts
<br />shay bar harm m at the highaR rase per - ibk ruder applicable law. Nothing contained in this paragraph 7 slag morph. Leader to incur any
<br />L eapenaor rate any.aia. ksaaersdar.
<br />S. lmp"oa. Lander nay =sake or cause to be made reasonable entries upon and inspections of the Property, provided that Lender shall
<br />IM ON owes Sonia prior to any such imsPMias specifying seasonable cause therefor related to Lender's interest in the Property.
<br />1. Caaittmodem The proceeds of nay award at clShn for damagas, dreg or consequential. is coamacslao with any condemnation or
<br />other taking of the Poom Y. or part thereof. or for conveyance in lieu of condemnation, we hereby assigned and shell be paid to Leader.
<br />to the event of a total talky of the Property. the proceeds shell be apptial to the sums secured by this Deed of Trust, with the excess, if an%,
<br />Paid to 80 -owe. In the ever of a partial taking of the Property, auk= Borrower and Lender otherwise arm m writing, that slut] be applied
<br />to the sane wcorad by this Dad of Trust such propor ice of the proceeds as is equal to that proportion which the amount of the rums w-ured
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