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85 00548!
<br />applicable law require! Stich interest to be paid, Lender .hull not be required to pay Borrower any interest or earnings on the Funds. Lender shall
<br />the Funds showing credits and debits to the Funds and the purpose for which each
<br />give to Borrower, without charge, an annual accounting of
<br />debit to the Funds was made. The Funds are pledged as additional security for the sums soured by this teed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments on Funds payable prior to the due dates of taxes,
<br />assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance premiums and
<br />ground rents as they fall due, such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly
<br />installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and
<br />ground rents as they fall due, Borrower shall pay to Lender any amount neLessary to make up the deficiency within 30 days from the date notice
<br />is mailed by Lender to Borrower requesting payment thereof.
<br />Upon payment in full of all sums secured by this Deed of Trust, Lender shall promptly refund to Borrower any Funds held Ley Lender. If
<br />under paragraph 16 hereof the Property is sold LT the Property is otherwise acquired by Lender, I.ender shall apply, no later than immediately
<br />prior to the sale of the Property or its zcquisition by Lender, any Fund; held by Lender at the time of application as a credit against the sums
<br />secured by this Deed of Trust.
<br />3. AMNastloa of Payoeab. Unless applicable law provides otherwise, all payments received by Lender under the Note and paragraphs I
<br />and 2 hereof shall be applied by Lender first in payment of amounts payable to I ender by Borrower under paragraph 2 hereof, then to interest
<br />payable on the Note, then to the principal of the Note, and then to interest and principal on any Future Advances.
<br />t Cb@%M: Uetta. Borrower shall pay all taxes, assessments and other ;hargcs, fitter and impositions attributable to the Property whlar
<br />may attain a priority over this Deed of Trust, and leasehold payments oT ground rents, if any. in the manner provided tinder paragraph 2 hereof
<br />ow, if now paid in such manner, by Borrower making payment, when due, directly In the payee thereof. Borrower shall prompxly furnish to
<br />tender all notices of amounts due under thus paragraph, and in the event Borrower shall make payment directly. Borrower shall promptly
<br />furnish to Lerner receipts evidencing such payments. Borrower .hall promptti discharge any lien which has priority over this Dees! id T rust.
<br />provided, that Borrower shall nor he required to diwharge any such hen so long a% Borrower shall agree in writing to she payment of the
<br />obligation secured by such lien in a manner acceptable to Lender, or shall in gn d faiih :ontesl such lien by, fir defend enfnrccmcw of such foer
<br />in, legal proceedings which operate to present the cnforcemcrit of ;tic lien or forfeiture :i1 the Property or any pan Thereof .
<br />s, fintartl Iffufitrtattn. Borrower shall keep the improvements new existing or hereafter e:CCitd on ahc f'toperty insured A,Srafust 1tn* by sire.
<br />hazarC. tricluded within the term "extended :overage ". and such other hazard, as I.ender fnay require and Jr. iu,h amounts and for •,u -.h period.
<br />As LcndcT may require. pro%idcd, that 1 ender s iaii not regiure that lfic amount I" ouch .overage ettced shat amol:tni of covcrafc :eyulted ill > ^.ay
<br />:hr sums secured by this Deed of Trust
<br />The insurarxe sarriet providing the insurance %hall he choseri h% Boitnwci sub }e ;t to appraival Is, I rndC% pmsided. :hal su n appT�a%af
<br />%hafl not he unreasonably withheld. All premiums on insurance policies shall he paid in I," manner provided under paragraph 2 ht-col 01 ,i nu!
<br />pats: in such manner, by Borrower making pavmert, when due, dirctih, to the :nsairancc Larne.
<br />Ali trisurance policies 4nd renewals thereof ;hall Inc in form acccptable t„ Lender and Shall incfuJc a stanjwd Mori is clausr m ta%t+! ,:
<br />And in tcnm acceptable to L.ender Lender +hall hale the right tot hold the policies and renewals !nereot, and Fk'lower shall promptN tulf!f >s !-
<br />I cridet all renewal notatie% and all re,:opis tat paid premiums. In The C%en! ,;r k -s, lkftrttwer .hail gile pliTmp! Tita!itC 1:3 ;fie in WATItC .arrIV iA:id
<br />I ender tender rnav make, rill+f :,f loss i nl,l made prompsh I's Borrouc!
<br />Unksa Lender and Btwtf6wer otherwlie agree in wrtling, initurancC pTOCCCds Shall tie applied tei, rntoraifnn or repair of the Prorlcrl%
<br />damaged. pwovtded such restoration ;,r repair is e:onomtf:ally feasible and the sCcurity or this Deed .11 Trust is not thefeby Impaired. If surf:
<br />restoration itr repait is trio RUn<imT;ally feasible in if the smunty of this Deed Cif Ttusr wituld he lmpaiTed, the SnsuTan%'e procroIdt Shall hr
<br />applied to the sums secured by this Deed of Lrust. wth the excess, if Any, paid -41 Borrower If the f'roperi% ,, abandoned fry Borrower. : >r 1
<br />liLir: sloe( fails to respond to !.ender wnhin lit days from the date note:c ;s nal" by Lender ro Borrower that rhr insurance ::artier ;,tier °• `+
<br />iettfe a claim for rniurance benefits. I ender t% authorized to ; ollcm and .pply !!at off: an.r „ r „seed*. at I zndcf'« t -plum rghef !o reslf4atnon :ra
<br />'Cpina of the PI(joerts of to the gums secured by lots Eked of I I ust
<br />U'nkmb Lender anti Boarowc, t+4rtct wlM agree in writing, &Tly +ugh Aprls, n4:, n, i.t pAtw'"vit r;s t)ftnLeptl shalt nU! CRTCfid 14 palvtporte the Jill
<br />dais sf the rnonihi% installments PetcTlN list in paragraphs i aftd : !frfr,'! rr ''a,,at' 'tit a l ill! ,r1 "I'h :rislallmeni, if tinder poi altrapT :f
<br />hereof the Prcrptertt is acquired by I..cnder. all fight, !file and .rafetest f Bt,1f ;,w f ::: ll; ” any iniurantr p011'Aes And sit and !n the p1ih:ec+5=
<br />:Guseof inultirig from damage tt, f he Ptoper" prior to the %ale e,r atquiitli °l ifta;i pax %'o i endet !a,',hc ciricni Rot the thins seetifed toy 8htk Ored
<br />:sf f rYAe tritat edutlety prior to such hale or attlul.wton.
<br />6, hMnnMltsf Will Mai tlirewxe of Proprnr: i MarfitriA► :, f n1llNom1lgm. Planowd L an fletifiepluenu, Borrower Thaij keep the
<br />Property in*tAild repair and Shall tit l ;trmnut *ASIC,N pefnait }ef C,, naito+r).,I ^etc f'rrl peer% and %hail lotntny with the pre, %'i %tor'i,
<br />,:sf any;c&W if this Dftod of 1 rtnt 14 on a leasehold I6 rfiit f)eB•.i rl 3 `tai` ;., a _, .t'. a . ,aWorngniurrs .sr a piarmcd unit dc%ciopmCnt, 1](41491PICT
<br />ifudl lKrf6rm all of Btxrower s Obllgationto under rte feF ar $li {)n '. raai3g ,>r flo> rinir>g "rtc Londomitnum or planned ,trim'
<br />a1r+�f, the by 4160% and regulanaals of the arndurruntum n ,,tai cu and'ontloueni dexuments It a aindoinmum i,f
<br />piationed unit de%tk)pment rider Ii rSCCUted t1% Bofloftrr alTSf fie t,t dt"o-3 ', ='o-r° • "s ^heo lkxs1 -'t I nisi, the :o ienan1% Asti agreements lit %Utfi
<br />r@deF triton be amorpmated into and ➢hall amrrtd ant: 'Urifrefl"Ill '• °)f, •r',A `=i, =au irrt; tYt :t i77 tots DeVIi e0 '1 ruu as If Etx f'Tdef were a;tal,
<br />have it
<br />7- Pr*fWU» Of IRAN'S tM Whti . If hklll—CT tally ri, 1 GtSir "eC,'rt , ...select,!,, Arid agT ed n9Cnl? 'onrommod in lhii heed M I fit %l, r,, it w %
<br />iiiapom :�a pirf1►tiledsrfg, %Cumnotmed which fnaleriall% altrvts I eritisr' "e .Ty {errs£ :;,'he i'to"CTli, mOuding, hilt 67th! htnited Iii, emineni diNAiiaitl.
<br />ift*ti,4rwv, ;oohs efts Br4elTtenE, or arrangement% cN ns,6,f,p a haftkrup! •,I :fre.e%ler :t, thrh I,Cn;4e1 ai I. coder" fapTtU!}. llplin T9 n¢ ('
<br />lC 1410 ?Cromer, trot make %uvh aLApe ®TariQ:eS, dtiburoe tueti ',tlfrit and rotor. 'LA, S I'tion ai i% rTK C%.9ary it> ptotem ( :Critter a m,etelii, :ii kidinti.
<br />?wA limited to, (holburwrfient of rcau nahle alfurnty,t foes and eT1lr% upo,li !hC i°ttspeTly ti, [Hake fepatrs. If Lender Ttqulled mortgarfe In %utafi.c
<br />ax a,oftdrft#Rt of making the loan witted by this i ecd of i fit %T, fsorr,twet .hall "s the ptetnnimS rNutted ti? rnaimaitt filth imufarite in ef11, �
<br />P9?I Duch Err ski!" requiretriehl for %uCh Inliurante ternilliate%:T, atinfdan%C wah Butfl,wef. and I Crider'', Written agf CCITIC11t Of 4111 "11,At'll
<br />A. iiof!arwer %hall par' Inc amafunt,;,f all mortgage iminamor pfetnionti Ito the ursanct jiln%idrtf under paragraph 2 hetefif
<br />Arai amourms Jetbutted by I.efnfer pursuant it) this paragraph ". with ;niegev' abefc„ft, chail hcti,me addituorls) mdehtevfnrw% fit Bill t—vi
<br />witOolood f'.tt• sets fhied of Ttuat Unflba Sorrower and Lender agree I(- other Rime in payment, Guth amounts shall he payshlc upon n„ lire flesh,
<br />1 emw to rAnt„wes requeving pilymcrit thetcol, and shalt f,ar imo-reii ir-m the datr t,t dl %Fulwinenf at the Tate fwyahlr Ito m rntf Iu !tine l'il
<br />am .tatfdir ptimipal under the tiote. unless payrilent of mlefril at such rate w,Ittid he ot,rutary rut appIwAble inw, in whlth c %cart %u, h aei-1 hI1
<br />%hallil tai Ifflefem at the tlighevf file petmi%sihie lindef applicable taw Nollimp,� ,-t+ntaaled ,fl thli paragraph ! %half fei;tilie I endef t,, lli,al! 11,,
<br />eRp ftioc;t lake any aotlon hertuffctef
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<br />g. . I CtKkf Iftay rnakf• (it ;.Ouse ro fie made tra9 if!ahle ernffe¢ ,il-;o and ifi4fiR't tB, fftt „I tire f1t,gW1l\ pr „%,1 "l !flat I tilde' ' 1, A;;
<br />a1 =t rkatirrwer ruo4Ke ro,vr T£, ri iv ow to msprle tiled ,pet. If %thN I ta—f,d hit, Au :r hei Ow refills% e , I endey e lnlrir•i i.°i the 111 tor , T%
<br />i [�1Mf AMHa0 fit I I Ctift 6 alai 2w 4t $ I ,fan 11 14 i t a SSjf if !A e t i i ,,f of
<br />A +p- "alf 124 - t tow if, oplIffv 9 ;ton, lfterf 1f, !,f fill f -tf %Ali f i .Pi, f f at ,T1. :T [ hr. _ I- A 4 jt F�.f .yt l , a'� ,- it
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<br />ofw =d A !,etrfiaf falfna „! the 4'rr,t,€r,,. .n ea f3,• a , +,., ,.., °,rrx ,. ,, „ . , .. _+ - o
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