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857.000195 applicable law requ}res such mt O be paid, Lerider shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, ; ah atanual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by this Deed of Trust. If the amount of the Funds hell by L.ertdr, together with the future monthly installments of Funds payable prior to the due dates of taxes, assessments, insurance premiums and ground rem, shall exceed the amount required to pay said taxes. assessments, insurance premiums and ground rents as they fall due. such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Drown installments of Funds. If the amount of the Fluids End by Lender shall not be sufficient to pay taxes, anessments, insurance premium and ground rents as they fall due, Borrower shall pay to Lender any amount necessary to make up the deficiency within 30 days from the dew notice is mailed by Lender to Borrower requesting payment thereof. Upon payment in full of all sumss secured by this Dee! of Trust, Leader shall promptly refund to Borrower any Funds }mod by Lander. If urda paragraph IS hereof the Property is sold or the Property is otherwise acquired by Lander, Lem shaft apply, no Inner than ' pry to the safe of the Property or its acquisition by Lender, any Funds held by Lender at the time of applicatiort as a credit against the sisma secured by this Deed of Trust. 3. Applicsillosi of Paymeata. Unless applicable law provides otherwise, all payments received by Lender under the Noe and paragraphs 1 and 2 hereof shalt be applied by Lender feat in payment of amounts payable to Lender by Borrower under paragraph 2 hereof, then to interest payable on the Note, then to the principal of the Note, and then to interest and principal on any Future Advances. 4. Charges; Ihas. Borrower shall pay all taxes. assessments and other charges, fines and impositions attributable to the Property which may attain a priority over this Deed of Trust, and leasehold payments or ground rents, if any, in the manna provided under paragraph 2 hereof" or, if not paid in such manner, by Borrower making payment, when due, directly to the payee thereof. Borrower slnsll promptly furnish to Lander all notices of amounts due under this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly furnish to Lender receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Deed of Trust; 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 obligation secured by such lint in a manna acceptable to Lender, or shall in good faith contest such lien by, or defend enforcement of stick fiess in, legal proceedings which operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof. S. Reared tarrxce. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the tam "extended coverage" and such other hazards as Lender may require and in such amounts and for such periods as Lender may require; provided, that Lender shall not require that the amount of such coverage exceed that amount of coverage required to pay the sutras secured by this Dad of Trust. The insurance carrier providing the insurance shall be chosen by Borrower subject to approval by Lender; provided, that such approval __�6eN....._�_K �.....«......AI.. ...:rl,ML1 ♦11 n�rminmt nn incnranro nnl;rwe.� .h..11 1.. .. 'A' ,1.�...- ...�.. ..... �.�� .. a.._.._._�_► � ►�..,.s .._ :s..... paid in such manner, by Borrower making payment, when due, directly to the insurance carrier. All insurance policies and renewals thereof shall be in form acceptable to Lender and shall include a standard mortgage clause in favor of �J