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<br />85- t`
<br />a leLaw requiles such imixeg to he paid, Lender shall not be required to pay Borrower nay tnusest or earmrags on the Funds. Leader shall
<br />give to Borrower. ,without charge. an annual ac naming of the Funds shower credits end dewts to the Funds and the purpose for -+•itch each
<br />debts to the Foods was made. The Funds are pledged as additional se unity tor the swims secured by this Deed of Trust.
<br />If The among of the bold tn'i saaier, Weetber with The future monthly installments of Funds payable prior to the dire dates of taxes.
<br />assmamentL mom== premiums and ground Term, shall t wow the amount required to pay wA taae.L assessmattt. assurance premiums and
<br />gained t cites as they fait doer wch enraess shill be. at Borrower's option, tither prempth, repaid to Borrower o wed to Borrower on monthly
<br />tantsaam wis erf :Fail. if the mouse of the F3tods held by Lender shall not be sufficient to pay taxes, ate. iasuranim premiums and
<br />georo• a r e>at�rhey fa8 �., Borrower n3� perry re Lender any aatount necessary To make UP the deiacacs><1 within 30 days fora the date notice
<br />ismailedbyLaaderto Borrower T paymenttbereof_
<br />rrefu d to Borrower nun Funds helot by Lander - If
<br />;yport prysust � #nom td an secured by this Deed of Trust, Leiden shiti4 Trrorneptd.
<br />ostler paragraph It besof the Pt'operty is sold or the Property is otherwise Acquired by leader, Leader shall apply. no later than immediately
<br />pemr sin Cite sale of the Propem, or its actussititm by Larder.. any Funds neld try Lender at the time of appiiratioi as a credit against the sums
<br />acemed by the Deed of Toast_
<br />3 11ABaartiwaf'ilfasasats i7aless apQlicibleiaw provides othe mw. all payments received by i.eider under the Note and paragraphs I
<br />and 2 LetenfshaB be aI Iiiial by Larder first in payment of amounts payable to Let ter by Borrower under paragraph 2 hereof. then to interest
<br />pnyahiean the °Note. the u to the principal of the Note. and then to interest and principal on any Future Advances.
<br />4L Clemew Linen.. Bear -c-4wer shall pay all taxes, assessments and other charges, fines and impositions art ibutabLe to the Pre peer'2y which
<br />may atnittsa Priority aver this Deed of Trust, and lnxloid payments or Around trots, if any. in the manner provided ,lacer paragraph 2 hereof
<br />or, if not pod in such mama, by BOT1VWCr making payment, when die, directly to cite paver thereof- Borrower shall promptly furnish to
<br />Landes alt atmaes of amounts due under 'this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly
<br />furnish to Lender recepts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Deed of Trust.
<br />provided, that Borvwer shall trot be required to discharge any such lien so long as Borrower shall agree in writing to the payment of the
<br />obfissitiost ttesmsd by such fiat in a manner a=ptable to Lender, or shall in good faith retest such lien by, or defend enforcement of such lien
<br />iru, kpd Proceedings which operate to went the rmfertzmnt of the lien or forfeiture of the Property or any pan thereof.
<br />S. EMM"iawrwaee. Borrows shall keep the improvements now extsung or hereafter eluted on the Property insured against loss by :.
<br />Ards included within the tam — extetnded coverage, and such other hands as L rider may require and in such amounts and fetr such periods
<br />as Lander may require, provided. that Leader shalt not require twat the amount of such coverage exceed that amount of coverage required to lay
<br />the smms seated by the Deed of Trust_
<br />The inswaace carrier providing the insurance shall be chosen by Borrower subiect to approval by Lender, provided. that such approval
<br />shay m 1K unreasonably withheld. Ali premiums an ni. nince policies scull be paid in the manner provided under paragraph 2 hereof or. if not
<br />Paid in sods ate, by Borrower Making payment. when due, directly to the insurance carries _
<br />All insurance policies and renewals thereof shall be in form acceptable to Leader and shall include a standard mortgage clause in favor of
<br />and in form acoeptable to Lender- Lender shall have the rghi to hold the polities and reitewais thereof, and Borrower shall promptly furnish to
<br />Lender all renewal rimers atoall ra-aptc of paid premiums- In tine rvent of loss. Borrower shall give prompt notice to the insurance carrier and
<br />Leader. Lenda way make proof of loss if riot made promptly by Borrower.
<br />Lihiess Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration Or repair of the Property
<br />dam, proves such restoration or repair is economically feasible and the security of this Heed of Trust is not thereby impaired. if such
<br />restoration or repair is not ecdaomically feasibLe or if the security of this lied of Trust would be impaired. the insurance proceeds shall be
<br />applied to the tam sauced by this Deed of Truest, with the excess. if any, paid to Borrower. If the Property is abandoned by Borrower. Or if
<br />Sonora fails to respond to Lender within 30 days from the date notice is :Waited by Lender to Borrower that the insurasrer carrier offers to
<br />sane a claim for tnsurnace benefits. Lewder is authorumd to collect and apply. the insurance proceeds at Lender's option either to restoration or
<br />repair of the Property or to the stems secured by this Deed of Trust.
<br />Usill ss Bead- and Borrower otbw-vnw agree in writing, any such appiicattan of PT to to principal shall itot extend or postpone the dune
<br />date of the monthly i sugHments referred to in paragraphs I and 2 nermf or change the amount of such aistatlmerim. If under paragraph 18
<br />Enaeoi the Property is acquired by leader. all right. title and interest of Borrower in and to arey insurance polities and in and to the proceeds
<br />diaeof naahing from doomp to the Property prior to the sale or acquisition shall pass to Lender to the "tent of the stuns secured by this Deed
<br />of Trust immodis leiy Prior to siuClI smk Of aapuialbom_
<br />f. lPanetmdm Md flinlaMCanace of Tte/eet -. Lt ombo ds: CAoda�: Plaawei PJdt Den ia/meMs. Berra -vet shall keep the
<br />Property ire good repair and shall not commit waste or Permit impairment or deterioration of the Property and shall comply with the provisions
<br />of asiy name a this Deed of Trust is on a leasehold, if this Deed of Trust is on a unit in a condominium or a planned uait develoPm eat, Borrower
<br />glad petfolm aV of Borrower's obligation inter the declarauom or - ,veaattts cresung cr governing the condominium or phamted unit
<br />devdopmCise, the by -Jaws and regulations of the ceadommium or ph umW unit development. and consutumt documents. If a condominium or
<br />piatoed tad devek*mmt rider is executed by Borrower and recorded togveaheT with this Deed of Trust, the covenants and agreements of such
<br />rider AM be incorporated iato and shall amend and suppiament the covenants and agreemerl s of this Deed of Tout as if the rider were a part
<br />Woof.
<br />7. Pratreiarn of i cider's SgossYy. if Borrower fails to perform the covenants and agreements contained in this Deed of Trust, or !f env
<br />acsasu or praiceet' is commenced whist materially affects Lender 's interred to the Property. including. but aot limited to, eminent domain,
<br />insolvency, code enforcement, or arrangements or proceedings involving a bankrupt or decadent, then lender at i.etder's option. upon notice
<br />to Borre wa, may make such appearances, disburse such sutras and take such acuon as is necessary to protect Leader's interest, including. but
<br />snot Liaised to, didmimmeni of romowabhe attorney's fees and entry upon the Property in make repairs. If Lender required mortgage insurance
<br />as a condition of mob" tie Joan secured by fins Deed of Trust, Borrower shall pay the premiums required to maintain such insurance in effect
<br />smA skvb time as the requirement for such IMMMntte terminate$ in accordance with Borrower's and Lender's written agreement or applicable
<br />law, Harrower Shall pay the amount Ot all mortow maurance pemnnlRS in the manner provided under paragraph 2 hereof.
<br />Any amour" awed by Leader pursurat to this paragraph 7 • with interest thereon. shall become additional indebtedness of Borrowe,
<br />ttoixn 4 by this Deed of Tres. unless Borrower and I racer agree to oho term of payment, such amounts shall be payable upon notice from
<br />lewder to Borrower r* u* payment thereof, and shall bear interest from the date of disbursement at the Tate payable from time w time on
<br />prisopd under the Note taim psymet of mmerest at such rate would be contrary to applicable law, in which event such amounts
<br />bur interest at the bigbea rate pinsmssibk undo applicable Jaw t+iutlunS contained to thin pwagraph ?shall require Lender to incur an%
<br />t eispoase or tatter a" aerietn "h+errtsa des.
<br />E t. hs/sAian• Lewder may Make or cause ao he trade rtasanable entries. upon and inspections of the Property, provided that tender shat I
<br />i•� Swe P rpm prior 'to any such itupecyictn tpocifaIng reasotalale cause' ttterefor related tc: Lender's tntdxen in the PrOperl-
<br />9. (;awdtmme6m. The prouvtedt of any award or datm im uarnagrs. ::reel et convegmnuai. In connection with any mildemnatoar. ,„
<br />Oilier raltmeof tin¢ Ptduperty, or part thereof, or for c.xweyarwe to lieu trf ckindeninaticm, are hereby assigned and chauil tee amid tit Lender
<br />in the eweal of a isteal tais4 reed the p°rttperti, ?ire wmeed, share be &Prited tcs tier sums ses:.'ured My rind Ikexi ai Tr:i.',t, wttta thr °vex ". 1 t al'.
<br />u,P gdrr'iiwrl l^ 'e <errt ass 3i f �t+tt taM sra� teed t.Fat PSr7F►tti3'. ursitsa W�,r --er and 3. ei her far lerx�x r :ere wtheap, itrocr .d:a31 tee ats9rlta5
<br />at, t}�. x #3 �r,2AKt99 isr rSrrs lk.�f 5�' 7 *�f enter ?e ¢ar�e�`ttzui trot t?4r p±rxc'�}a a� ;3 rah a t;? �rir �;qa��n�� w'at=.'t t »r ac�aueet *.! ri :!xe sus* ;� secvrr.3
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