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<br />86- 106212
<br />applicable law sacs interest to be paid, Lender shall not be required to pay Borrower any imam or earnings an the Funds. Lander shall
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<br />BMW Bortowet. wNMoat charge, as ammal acoamuue of the Funds show and djebits to the Funds and the pntpoaa for wbwh eacb
<br />debit to the Piano was Lade. TheFieds we pledged as additional security for the surer secured by this Deed of Trust.
<br />if the maoaat of the Fstuds hW by Leader. together wkb the future monthly inaa lloo ts of Funds payable prior to the due data of urea.
<br />aamt�anes. ita nee I ieaa and g tats, slap exceed the antoaat tequeed to pay redid tatter abssmmu. uwwmm premiums and
<br />jP , I nsaam as they fall doe, wcham= shag be, at Borrowers option. either promptly repaid to Boeower or credited to Borrower as monthly
<br />iawMas alts of Farads. If the aaaat of the Funds geld by Leader shy not be suffkaes«t to pay rata, aseaaaernts. istsmrwmoe pt +�
<br />g� � ere dwy Zan dae, Borrower elan pay to Larder any mootmt necessary m makeup the deficiency wuhin 30 days ftom the dose notice
<br />n ailed by Leader to Bornma requmetttmg payment tbereof.
<br />Upon patymastt is fay of all sons secured by this Deed of Trust, Lander shall promptly refund w Borrower any Farads held by Leader. if
<br />Wider the Property is sold or the Property is otherwise amnired by reader, Lender ftl1 apply, no lacer that musiodustely
<br />prior to the sale of the Prapetty or its aoquisitim by Leader, any Funds held by Lender at the time of alpp4wRine a a credit against the s .ms
<br />retuned by this Dead of Trost.
<br />3. Appimran of latymenls. Unku applicahle law provides otherwise, an payments received by Lender under the Now and paragraphs 1
<br />and 2 hereof alai be applied by Leader first in payment of amounts payable to Lender by Borrower under paragraph 2 bereof, then to interest
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<br />ptyableoe the Noce, the to the principal of the Note, and rhea to interest and principal on nay Future Advances.
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<br />d. Chmpst L Las, Borrower shall pay all taxes, assessments and other charges, fines and imposiUM3 affable to the Property which
<br />may attain a priority over this Deed of Trust, and iasebold payments or ground rants, if any, in the reamer provided under paragraph 2 hereof
<br />or, if not pad i such maaaer, by Borrower maltire paYt, when due, directly to the payee thereof. Borrower elan promptly furnish to
<br />Lender all tsonces of amounts due under this paragraph, and in the event Borrower she make paYnn�t di�lY. Donower elan PnnmlniY
<br />furnish to Lander receipts evidencing such paYmaus. Borrower shall promptly discharge any lien which has priority over this Deed of Trust:
<br />provided. the Borrower shall am be required to discharge any such lien so long as Borrower shall agree in writing to the payment of the
<br />obigeim seemed by sock lien in a mama acceptable to Leader, or shall in good faith contest such lien by. or defend enforcement of such lien
<br />m. hfal ptooaedistgs which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof.
<br />S, umwd -wroe. Borrower shall keep the improvements now existing or after erected oo the Property insured against loss by fire,
<br />hazards included wMdo the term .-Coended covaaR ", and such other ham ,& as Lender may require and in such amounu and for such periods
<br />as Leader may rngait - provided, that Leader shall not require that the amount of such coverage exceed that amount of coverage required to pay
<br />the sum; secured by this Deed of Trust.
<br />Tile, carrier providing the insurance shall be chosen by Borrower subject to approval by Lender, provided. that such approval
<br />shall ant be narmeombiy withldd. All premiums on insurance policies shall be paid in the manner provided under paragraph 2 hereof or, if not
<br />paid in each mater, by Borrower mating payment, when due, directly to the insurance carrier.
<br />,Alt IOaeitiR pwlieies and renewals tbereof shah be in form acceptable to Linder and shall include a standard mortgage clause in favor of
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<br />and in lam acceptable to L ender. Lender shall have the right to hold the policies and renewals thereof, and Borrower shall promptly furnish to
<br />Leader all renewal swtices and all rxapts of paid premiums. In the event of loss. Borrower shall give prompt notice to the insurance carrier and
<br />Lender. Lender mall n m&e proof of loss if mot made promptly by Borrower.
<br />Unless Leader and Dttctowa otherw6e agree in wn mg, insurance proceeds shall be applied to restoration or repair of the Property
<br />damagad, pnavidad am& restoration or ngrair is economically feasible and the security of this Dead of Trutt n not thereby impaired. If such
<br />iemeation or aspic'st scat economically fasible or if the security of this Deed of Trust would be impaired., the insurance proceeds shall be
<br />applied to tht sums seemed by this Deed of Trust, with the access, if any. paid to Borrower. If the Property is abandoned by Borrower. or if
<br />Brrrower fob so r spend so Leader within 30 days from the date notice is mailed by Lender to Borrower tbat the insurance carrier offers to
<br />settle a claim for imagio aw beadh6 Lender b authorized to collect and apply the insurance proceeds at Loader's option d1ber to restoration or
<br />repair of the Property or to the cams secured by this Deed of True.
<br />Unless Leader and Doi.. otherwise wee in wcioag, any such application of proceeds to principal than not eamend or postpone the due
<br />date of the monsW idtaBsab refeved to in paragraphs i and 2 berwf or change the amount of welt installments. If under paragraph 18
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<br />hereof the Property a ac" ad by Leader. all tight, title and Interest of Borrower in and w nay insurance policies and jn and to the proceeds
<br />thereof resulting from dsmageto the Property prior to the sale or aogdosibon shall pes- to Leader w the extent of the atnms secured by this Deed
<br />of Trost imoeiasely prior to such sale or acquisition.
<br />i. lmesvatlm and AbdOM ace Of ]NOPO , 1410110"h• CwdasiN nes: Planned Unit DewMgmnsa. Borrower shall keep the
<br />property m good repair and AM am comma waste of permit impairment or deterioration of the Property add shall comply with the Ptovnwms
<br />of any Rase if this Deed ofTrmt is an a k esebold. if this Deed of Trust is on a unit in a cundominiuum or a planned unit development. Borrower
<br />Shan perform an of Borrower's obligations under the declaration or covenants crating or governing the eondomimmm or planned unit
<br />development, the by-laws and regulation of the condunimum or planned unit development, and constituent docamons. If a condominium or
<br />planned unit development rider is executed by Borrower and re=d d together with this Deed of Trust, the cove a as and agreements of such
<br />Eider shall be incorporated man said shall amend and supplement tide covenants and agreements of this Deed of Trust aF if the rider were a part
<br />hereof.
<br />7. Prwbdlaa of Lwdar's 9ee>•W 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, eminent domain,
<br />insolvency, code enforcement, or arrangements of proceedings involving, a bankrupt or decedent, then Leader at Lender's option. upon notice
<br />to Borrower, may make acts apparatus, disburse such sums and take such action as is necessary to protect mender's interest. inchiddng, but
<br />am" i I to. disbar nme t of reaeoeaI attorney's fan and entry upon the Property to make repairs. if Lender required mortgage insurance
<br />as a condition of making the loan tusemred by this Deed of Trust. Borrower shall pay the premiums required to maintain such insurance in effect
<br />Mari such time as the requirement far such msuramee terminates in accordance with Borrower's and Lender's written agreement or applicable
<br />jaw. Borrower shall pay the amount of all mortgage insurance premiums in the manner provided under paragraph 2 hereof.
<br />Arty amounts disbased by Lender Pursuant to this paragraph 7, with interest thereon, shall become additional indebtedness of Borrower
<br />secured by this Dad of Trans. UNme Borrower and Lander agree to other terms of payment. such amounts shall be payable upon notice from
<br />Lender to Borrower ngnertiosg payment thereof. and shall bear interest from the date of disbursement at the rate payable from time to time on
<br />omtaaditg principal under ile Now unless payment of rata Cp at such rate would be contrary to applicable jaw, in which event such amounts
<br />sing bear meerest at the highest roe permissible under applicable law. Nothing contained in this paragraph 7 than require Lender to incur any
<br />expense or lobe •y action bartender.
<br />L Ins Menem. Lander may woke or cause to be made reasonable entries upon and inspections of the Property. provided that Lender shall
<br />glue Borrower sober pion to any each inspection specifying reasonable cause therefor related to Lender's interest in the Property.
<br />f. CaadeaAsa Tilde proo.sdn of nay award or alarm for damsges. direct or consequential. in connection with any condemnation of
<br />other taking of *a Property, or part thereof, or for conveyance in hieu of condemnation, are hereby assigned and shall be paid to Lender.
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<br />la me e- of a uo tel takiag of the Property. the proceeds shall be applied to the sums secured by this Deed of Trust. with the excess. it any.
<br />Paid to Borrower. In the evert of a partial taking of the Property, unless Borrower and Lender mtm:fwtsc agree in writing, there shall tic applied
<br />to the sums secured by ttsa Deed of Trust such proportion of the proceeds as Is eQuai to that proporuon wluch the amount of the sums sec-ured
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