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<br />8G- 1..05843
<br />applicahk law ngtdtw such imras to be paid. Lender shall mart be enquired to pay Borrower unnY inew or earalstp on the Ftesda. Lender shell
<br />dive fo lorro nerot's" i t s rK. an a h d accounting of the Fnode showing audits and debits to the Faode ad the pwpou for which wit
<br />dakittoties Ft edsuupiN iNdassadditionalsacmityforthesumstossedbythisDeadofTnat.
<br />If *game" of ply pooch MM b Loft, *gV&W with the hmn most" in"Amas" of Panda ptiid' prior to the aloe dress of thaw,
<br />arum ka, h aura ere I iir,w ad ash l ttsaab atoll eeced tihm atnonnt ttsghaieed to pay ttahW wtu, anatanan.am. inaatraaafs pnniawa and
<br />prandnr a aadettytBdos.asaamem iikaiss, atimmmes option, either pvmp* repaid to sce-vates era~ to soma" A Ah
<br />aMaBm* of Lest . If tlea'#moaN oaf the FNf Wd by Lander Ad not be nfA¢iat to pay taxes. nonmeMs, hweaau pwdamn and
<br />sroimd sbad #aft! i+tidlw.>taeesratsr41WA pay U Loft any tueoann asom my to=Ww up the dnBcieraty withle 30 daya!tm *e dnsnotiot
<br />Upon PWN" she fl of tx souse as omd by *b Dud of Trot. Leader &all promptly refund to Bottowsr any Fiat had by Lady. If
<br />under parapeap► It lwaof ah Frapaety k snN w the ftapwty b ahtuwiw um*sd by Lerhder, Lenhdr shag apply, an lunar than imudfel
<br />ptria to the arla of this ftodwty or its aogdddort by Ledr, troy Puads bald by Lemdmr at the time of application. as a am& against the ever
<br />seated by thin Dead of Tarot.
<br />3. Appraalisof Fggmaete. Ulan opplic" law provides otherwise, all paymaul received by Lerhder under the Note ad posagrapio 1
<br />and 21 on shall be applied by Leader fast let I k3 , of of amounts payable to Leander by Borrower under paragraph 2 hereof, time to itmteaest
<br />payable m the Now ehw► sm ohm principal of** Now. and then to interest and principal an any Future Advances.
<br />r. dept Llama. Borsowar shall pay all taus. emessmmu and other chrjes, fins and impodtionm attributable to the d*ropmtty which
<br />may attar a priority over this Dead of Tnstt sad lwehmld payments or ground result if any, in the mamr provided antler paragraph 2 havof
<br />or, if amt paid in rAb saner, by dorm! at snaking payment, when dote, din t* to the payee thereof. Borrower mhd pramptiY rrnidh to
<br />Leader d notices of ammmts oboe uedr tide paragraph, and in the event Borrower shall make payment directly, Boemwes shall promptly
<br />furnish to Lander tecaipee evidencing each patymmets. Borrow= shall promptly discharge any tie which boa priority over this lied of Trod
<br />IN ovided. that Borrow= shall not be required to discharp any such lien so long as Borrower tihall agree in writing to the payment of the
<br />obiipdm secured by each Has In a nnn.ur acceptable to I mtder, or shall in pod faith contest such lien by. or defend onforemn t of such dim
<br />in, lapl pamuwBnp which npsraas to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
<br />L Bawd immeeu. am owes shall keep cite improvements now existing or hereafter erected on the Property insured against lore by fire,
<br />hazards included withiii the ssm "Odso d average '. and such Other hazards as Leader may require and in such amounts and for such periods
<br />a Leadr nay equine - provided, that Lmdr shat not require that the amount of such coverage exceed that amount of dmvmp required to pay
<br />the sums ucmed by tide Dud of Trust.
<br />The ieauraeoe carder providiay tin immrrtnoe dell be chhomsi by Harrower subject to approval by Lender; provided, that such approval
<br />shall mot be amvassn.v' 13 wkbbdd, All p»seI an im m moe policies shall be paid in the manner provided umdr paragraph 2 hereof or. if not
<br />paid is eadunmer, by Borsowr asking pagrmsn.1 when due, directly to the inat rant a carrier.
<br />All' polidw and rsrwnhs thsarof shell be in form aooepsabe to Lender and shall include a standard mortpp donee in favor of
<br />and in farm acceptable to Lender. Lonlr shall have the tight to hold the polities and renewals thereof, and Harrower shall promptly furnish to
<br />Len.der alt reaawd ration and 20 tae I of paid premiums. In the extent of loss, Borrower shall give prompt notice to the insurance carrier and
<br />Linder. Lmn.der may teas proof of Toes tf not made promptly by Borrower.
<br />Unless Lender and lotrosm ttthmrwdw apart in wrkigL insurance proceeds shall be applied to restoration or repair of the Property
<br />dsmagsd, peottided such ranotation or npdr is economically feasible and the security of this Dined of Trust is not thereby impaired• If such
<br />resaretioe or repair is not eoon.oalodly fmadbia or if the soc rlty of this Dead of Trust would be impaired, the Insurance 9 Ommde shall be
<br />applied to the event sawed by this Dad of Treat. with the exon s, if any, paid to Borrower. If the Property is abandoned by Borrower. or if
<br />Borrower fWs tot- I r I to Lmdr within. 30 days hom the date notice is atried by Lender to Harrower that the Insurance carrier offs to
<br />settle ■ clubs for insurance bom$Bb. Under is antbadi ed to collect and apply the insurance proceeds at Landor's optim oath= to teroratim or
<br />repair of the Property or to the sums second by this Dad of Trent,
<br />Unless Leader and Borrower otherwise agree in writing. any such application of proceeds to principal Shall not esteed or postpone the due
<br />daft of the monthly installments refmrted w ni paragraphs 1 and 2 hereof or change the amount of such installmnms. if under paragraph 18
<br />hereof the Property is isequind by Lander. all rigiw, title and interest of Borrower in and to any insurance policies and in and to the proceeds
<br />thereof resulting from damage to the Property prior to the oak or acquisition shall pass to I seder to the cum of the sums secured by this Deed
<br />of Treat immedWely prior to each sae or acquisition.
<br />L Points u and Mdeleaenw of his" rty; LoaseloW Gedvshhmo; Pleased Unit DewbpmmoL Borrow- shsB beep the
<br />Property in good repair and shell not commit waste or permit impaninent or deterioration of the Property and shall comply with the provisions
<br />of any lease if this Deed of Teem is an a lassehald. If this Deed of Trust is on it tacit in a condominium or a planned unit devdopment. Borrower
<br />shall perform all of Borrower's obNo dos under the declaration or covenants creating or governing the condominium or piaamed unit
<br />development, the by -laws and ragduioes of the condominium or planned unit development, and constitamt domments. If a condominium or
<br />planned unit development rider is executed by Borrower and recorded together with this Deed of Taut, the covenants said agreements of such
<br />ride dull be incorporated into amd shall nand and supplement the covenants and agreements of this Deed of Trost in if the rider were a part
<br />hereof.
<br />7. lrolseaaon of lada's 0 -11. If Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any
<br />action or proceeding is emsmun.ad which materially effects Lender's interest in the Property, including, but not limited to, eminent domain,
<br />insolvency, code enforoesem, or srraq/esmts or proceedings invoMng a bankrupt or decedent, then Lender at Leader's option, upon notice
<br />to Borrower, say make each appmaraeos, disburse such sums and take such action as is necessary to protect Lender's interest, including, but
<br />act limited to, disbursement of laamona —h attorney's fen and entry upon the Property to make repairs. If Lender required mortgage insurance
<br />as a condition of making the lone seared by this Deed of Trout, Borrower shall pay the premiums equired to maintain such insurance in affect
<br />umd such tine in the teapieeseee for such insurance terminates in accordance with Borrower's and Lender's written agreement or applicable
<br />law. Borrower shall pay the mostiont of all aatgye insurance premiums in the manner provided under paragraph 2 hereof.
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower
<br />secured by this Deed of Tart. Unless Nor rower and Loader agree to other terms of payment, such amounts shall be payable upon notice from
<br />Lander to Borrower regnesiag payseat thereof, and shall beer interest from the date of disbursement at the carte payable from time to time on
<br />osatsvdig principal vend= the Note valose payment of interest at such rate would be contrary to applicable law, in which event such amounts
<br />shall boar i m vm at The highest sae prmisd O under applicable paw. Nothing contained in this paragraph 7 shad require Lender to incur any
<br />r expsse or trite may acting hauran.imr.
<br />LL hupoodes . Lear oM moko or centre to be mode reasonable entries upon and inspections of the Property, provided that Lender shall
<br />give, Beaowst oodoe prior tea" oak k iMpeeaim specifying reasonable cause therefor related to Lender's interest in the Property.
<br />1. cogdsmerrmn.. The gsooaa I of any toward or claim for damages, direct or consequential, in connection with any condannation or
<br />other talking of the Property, air part thereof, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender.
<br />In the event of a total ukiq of the Property, the proceeds shall be applied to the surns secured t•y this teed of Trust, with Het excess, t t any.
<br />paid to borrower. in the event of a partial taking of the Property, unites Horrower and Lender otherwse agree in writing. there shall he appdttd
<br />to the assn secured by this Deed of Tmot such proportion of the ptmeeds as is equal to that p ropx,rtion which the amount of the stems sa-ured
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