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<br />applicable law requites 5maeg to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender stall
<br />give to Borrower. witlwutcharge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each
<br />debit to the Fund was made. The Funds are pledged as additional security for the sum secured by this Deed of Trust.
<br />If the anoutt of the Funds held by Leader, together with the future monthly inaallotatts of Funds payable prior to the due dates of taxes,
<br />aseesemeats. issa raace premature and ground rents, shall exceed the amount required to pay said taxes, aNN mmU, insurance premiums and
<br />geetrsd rats err they fall due, each excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on morxhly
<br />iawlhi an of prands. U the asassam of the Punds held by Lauder shall trot be sutfki= to pay taxes, aaasmaots, insurance premiums and
<br />ground rats as they fall due. Borrows stab piny to I ender any amount necessary to make up the deficiency within 30 days from the dam notice
<br />is in@" by Leader to Burrower requesting payment thereof.
<br />Upon payment is M of all sums secured by this Deed of Trust. Lender shall promptly refund to Borrower any Funds held by fader. If
<br />under i is intent the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately
<br />prior to the sale of the Propaty or its acquisition by Leader, any Funds held by Lender a the time of application as a credit against the sums
<br />secured by this Dud of Trust.
<br />3. A//Badets al Taymaass. Unless applicable law provides otherwise. all payments received by lender tinder the Note and paragraphs 1
<br />and 2 hereof shag be WNW by Lender first in payment of amounts payable to Lender by Borrower under paragraph 2 hereof. than to interest
<br />payable on the NOW than to the principal of the Note. and then to interest and principal on any Future Advances.
<br />4. L7mM IJaaa. Borrower shall pay all t axes. assessments and other charges, fine and imposition: attributable to the Property which
<br />may attar a priority over this Deed of Trust, and leasehold payments or ground ren ts. if any, in the manner provided under paragraph 2 hereof
<br />or. if so paid in sacs manner, by Borrower snaking payment, when due, directly to the payee thereof. Borrower shay promptly furnish to
<br />Lradet all nodoea of amours due under this paragraph, and in the event Borrower shall snake payment directly, Borrower shall promptly
<br />furnish to lemkr rw*u evidencing such payments. Borrower shall promptly discharge any Lien which has priority ova this Deed of Trust;
<br />provided, that Borrower shall not be required to discharge any such lien so long as Borrower shall agree in writing to the payment of the
<br />obligation warted by such lien in a manta acceptable to Lender, or shall in good faith contest such lien by, or defend enforcement of such lien
<br />in, hgd prong - g which operate to prevent the enforcement of the lien or forfeiture of the Property or any pan thereof.
<br />S. Hamel Lwaaans. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against km by fire.
<br />hazards mchsded within the term "extended coverage", and such other hazards as Lender may require and in such amounts and for such periods
<br />as Leader essay esgak provided, that Lender shall not require that the amount of such awange exceed that amount of coverage requited to pay
<br />the sums secured by this Deed of Trust.
<br />The ie sairsa a carrier providing the insurance shall be chosen by Borrower subject to approval by Leader: provided, that such approval
<br />shall ant be untwaoaably withheld. Alp premium on insurance policies shall be paid in the manna provided under paragraph 2 hereof or. if not
<br />paid in each manna, by Bearowwet making payment. when due, directly- to the insurance carrier.
<br />AN imurance puiicies and renewals thereof shall be in form acceptable to Letrder and shall include a standard mortgage clause in favor of
<br />and is fors acceptable to Leader. Leader shall have the right to hold the policies sad renewals thereof. and Borrower Shall promptly furnish to
<br />Leader all renewal notices and all receipts of paid premiums. In the event of loss, Borrower shall give prompt notice to the insurance carrier and
<br />Lender. leedet may male proof of loo if not made promptly by Borrower.
<br />Uakm Under and Harrower ohawue agree in writing, insurance proceeds shall be applied to restoration or repair of the Property
<br />damegsd, provided stach rstondon or repair is economically feasible and the security of tiffs Dail of Trust is ant thereby impaired. 3 such
<br />rmlorasioa or tapir is cwt eoonomixatly faralk or if the secariy of this Deed of Trust would be impaired, the hin rnaee proceeds shall be
<br />applied to the aunt savored by this Dead of Trust, with the excess, if any, paid to Borrower. If the Property is abandoned by Borrower, or if
<br />Borrow= fails to respond to Lender wihi. 30 days from the date notice is mailed by Lender to Borrower that the Insurance carrier offers to
<br />settle a dA m for ftsauraace bandits. Leader a authorised to cogent and apply the insurance proceeds at Leader's option either to restoration or
<br />repair of the Property or to the sums secured by this Dead of Trust.
<br />Unless Leader and Batowet otherwise agree in writing. any such application of proceeds to principal shall not extend or postpone the due
<br />date of the uttcoat, ,i installments referred to in paragraphs I and 2 hereof or change the amount of such installments. if under paragraph gag
<br />hereof the Property is eteI te I by Leader, all right, title and interest of Borrower in and to any insurance policies and is and to the proceeds
<br />thereof resulting from damage to the Property prior to the sale or acquisition shall pass to Leader to the slant of the erns secured by this Dad
<br />of Trust ioenadiateiy prior to such ask or acquisition.
<br />i. penal acrd 1ltakaMaaate of Powsain LemdwW- Cem1@eialam ;- Planned Unit Dewbpmsrls. Borrower shall keep the
<br />Property in good repair and shall not commit wage or permit impairment or deterioration of the Property and shall comply with the provisions
<br />of any lase if this Dead of Trust is an a lemehdd. If this Dad of Trust is on a unit in a condominium or a planned unit development. Borrower
<br />mall perform all of Borrower's obligations undo the declaration or covenants creating or governing the condominium or planned unit
<br />development. the by -laws and ragehi loss of the condominium or planned unit development, and constituent documents. If a condominium of
<br />phumed unit development cider is executed by Borrower and recorded together with this Deed of Trust, the r vmants and agreements of such
<br />ride shalt be incorporated into and shall anted and supplement the covenants and agreements of this Deed of Trust as if the rider were a pan
<br />hereof.
<br />7. Pee ascalsa of Leader's Security If Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or if any
<br />aexkoa or proce idnog is commenced which materially affects Lender's interest in the Property. including, but not limited to, eminent domain,
<br />insolvency, code enforcement. or arrangements or proceedings involving a bankrupt or decedent, then Lender at fender's option, upon notice
<br />to Bartewea am make nick appearances, disburse such sums and take such action as is necessary to protect Lender's interest, including, but
<br />not kmitad to, disbaraemmt of rsmoaeN attorney's fees and entry upon the Property to make repairs. If Lender required mortgage insurance
<br />as a uoodhioa of making tie loan secured by this Deed of Trust, Borrower shall pay the premiums required to maintain such insurance in effect
<br />until such time as the N*dfemmt for rich insurance terminates in accordance with Borrower's and Lender's written agreement or applicable
<br />Isis. Borrower shag pay the amoaat of all mortgage insurance premiums in the manna provided under paragraph 2 hereof.
<br />Any amounts disbursed by Leader pursuant to this paragraph 7, with interest thereon. shall become additional indebtedness of Borrower
<br />soceae *by His Dad of Treat. Uakm Dottower and Lender agree to other team of payment, such amounts shall be payable upon notice from
<br />Leader to borrower requesting pta3 - thereof, and shall bear intent from the date of disbursement at the ram payable from time to time on
<br />onNtordi ft prieeipi tinder He lose trdam payment of interest at such rate would be contrary to applicable law, in which event such amounts
<br />sing ha= i- I at the hfghme rase pandribk under applicable law. Nothing contained in this paragraph 7 shall require Lender to incur soy
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<br />espouse or Woe as action lirsceaier.
<br />8. lm"oim Lander try make or cause to be made reasonable entries upon and inspections of the Property, provided that fender shall
<br />give Barroom =doe print to any such inspection specifying reasonable cause therefor related to Lender's interest in the Property.
<br />!. Candism doh. The proceeds of any award or coin for damages. direct or consequential. in connection with any condemnation or
<br />otter takiyof the Propsny, or part Hereof. or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Leader.
<br />Is the event of a used taking of the Ptopexty. the proceeds shall be applied to the sums secured by this Deed of True, with the excess. if any.
<br />paid to Do own. to the ewer of a partial taking of the Propety • unless Borrower and Lander otherwise agree in writing, there shall be applied
<br />to due sure taswwe I by this Dead of Try such proportion of the proceeds as is equal to that proponion which the amount of the sums wcumf
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