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<br />r <br /> <br />84.~ 006457 <br />applicable law rCllpi!:cs IUda ~ to be paid. Lender shall not be required to pay Borrower lUIY interest or earnings on the FU'lds. Lender shall <br />give to Borrower, wilhOll~ cJual;e, an annual accountina of the Funds showinB credits ..nd debits to the Funds and the purpose for which each <br />debit to the Funds was made. The Funds al1: plodsed as additional security for the sums secured by [his Det-d of Trust. <br />if the amount of the FUIIds held by Lender, tosetJler with the future monthly installments of Funds payable prior to the due dates of taxes, <br />~. illSUflUlCe pmniums and lI'ound rents. shall exceed the amount required to pay saW taxes. assessments, insurance prellliums lIIId <br />Ifl'ound rents as !My fall due. such excess shall be. at Borrower's option. either promptly repaid to Borr~ or credited to Borrower on monthly <br />i_tala-ts of FUIIds. If the amount of the FUIIds held by Lender shall not be sufficient to pay lUes, assessments, insurance premiums and <br />grooad retlts as !My fall due, Borrower shall pay to Lender MY IlII1O\II1t necessary to make up the deficiency within 30 days from the date notice <br />lli mailed by Lender to Borrower requestina payment thereof, <br />Upon payment ill full of all sums 5ClCUfed by this Deed of Trust, Lender shall promptly refund to Borrower my Funds held by Lender. If <br />IlSlder ~ III hereof tile Property is sold or tile Property is otherwise acquired by Lender, Lender shall apply, no later t!wl immedia1cly <br />prior to the sale of the Property or its acquisitiOll by Lender, any Funds beid by Lender at the time of application as a credit apinst the sums <br />!IlICUfCd by tM 0Icd of Trust. <br />3. AwIk Ill.. ef Pat..-... Unless applicable law provides otherwise, all payments received by Lender under the Note and parqraplls I <br />and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borr~ IlSlder parqrapb 2 hereof, then to iatercst <br />payable OIl tbe Note, then to tile principal of the Note, and then to interest lIIId principal on any Future AdYlSna:s, <br />... CIIIIrpI; u-. Borrower shall pay all taxes, assessments lIIId otber charges, fines lIIId impositions attributable to the Fropeny which <br />1lllI)' attain 1\ priority over this Deed of Trust, lIIId leasehold payments or ground rents, if any. in the tnIUIllCI' provided WIder parqraph 2 hereof <br />or, if not paid in such tnIUIllCI', by Borrower maltilll payment, when due. directly to the payee thereof. Borrower shall JlI'OIIIPl1y ftlmish to <br />Lender all notices of amounts due under tllis paragraph, lIIId in the event Borrower shall make payment dim:tIy, Borrower shall JlI'OIIIPl1y <br />furnish 10 Lender receipts ev1dencinI such payments, Borr~ shall promptly discharse any lien which hu priority over this Deed. of Trust; <br />provided, thllt BonO11m' shall not be required to discharge any such lien so 10lll 1I5 Borrower shall qree in Wl'itina to the paymcDl of tile <br />obligation secured by such lien in a_ aa:eptable to Lender. or shall in !load faith contest such lien by. or defmdmforeallCllllofSlldlIlat <br />in. legal procoedillSS which operate to prevent tile enfom:ment of tile lien or forfeiture of tile Property or lIIlY part thereof. <br />s. "-'II I~ Borr01lm' shaIllteep tile improvements now eXIsting or hereafter erected on the Property iDsurcd apinst Iou by fiR. <br />hazards included within tile term "t:llteaded cover.", and such other hazards as Lender may I'I!QIIin and in such amounts and for SlIdl periods <br />as Lender may require; provided, llHI.t Lender shall not require that the amount of such coverqe exceed that amount of COYCt1IIJt roqaind to.., <br />the sums 5ClCUfed by tI.a5 Deed of Tl'IISl, <br />The imurllDCl: carrier providina the illSUraDCe shall be chosen by Borro,-" subject to approval by Lender; provided, tlIat such appnmd <br />shall not be ~ withheld. All premiWU on InsurlUlC!: !lOlIoes shall be paid in theDl8lUler provided -.~ ~;z..... or. 11_ <br />paid in sucb _, by Borrower makina payment. when due, directly to tile insuranc:e carrier. <br />All inluruce poijcios lIIId rmewals thereof shall be in form acceptable to l.erJdcr lIIId shall include a stlIIIdIlrd ~ dame ill favor of <br />lIIId in form ~ to Leader. Lender shall have tbe riPt to hold the poijcios lIIId rmewals tMrcof. _ Ilorrowcr shall prempdr fIIrIIWItlil <br />l.mdcr all renewal notices ud all receipts of paid premiwu, In the event of loss, Borrower shall rive prompt notice to the ~___ <br />l.mdcr. Leader may make proof of loss if not made promptly by Borrower. <br />UiUas Leader aad Borrow.- ocherwise qree in writiIlI. insu."aIIl:e proceeds shall be IppIied to ~ or npsir or die ............ <br />~. provided sudl fIIIloration or repair is ~y f_hIe ud the security of this 0.1 or Tn1IIt is_ .... iIIIplIiIId. Ifllllllll <br />mtomioD or repair is ROt ~ flllliftbk or if tbc secumy of mis Deed of Trust would be impeind, the iIIinInIIIIle ............ lie <br />applied to tlluums __ by this Deed of TJUIl, with the em:cH. if any. paid 10 Borrower. If tile Property is alii udiII,ut by~. or if <br />Borrower fllils to mpoed lO 1..aIdcr widaia JO da)'I fl'Olll the date IIlltke is IIllIi1cd by LmdIr to Bar..- tlIat the ___ __ ____ <br />settle a daim for insuruc:e bnefilS. Lender i6 autIlorized to eoUca and apply the insuruc:e proclllIds at Lender'. opcinR.... to _.... All or <br />repair of the Property or to tile sums 5ClCUfed by this Deed of Tl'IISl, <br />UiUas Leader IlIld Borr_ ochcrwiR IIlIRC in writiq, uy such applicatioa of ~ to pri1Icipld shaH_...... or ,........ <br />dale ofthe~,-....!flXllnls rcfcmd to in ~ I NId 2 hereoforchaqcthe-.m orSlldl i "'1' 11.<<__ jI!ItlI~~ln <br />l<e-~~ 'be Propeny is IICIqtIind by 1..aIdcr, aU. ritIK. titIc IlIld intarcst of Borrower in aad to lIIlY --- __ud_ud to.1 .........m. <br />thcnof .....~...... from dIIIMIe lO tile PropIlrty prior to the uk or lIIlquisirion shaH p-. to Leader to tilt... of die _ __.by."", <br />ofTrut i_11fiaMfy prior to SlIdl uk t r ~ <br />.. ~_. lIu MIl f. I II .. ~ L 1,1.1. Cu"] iJJl!i ~....... UlIIl au' . ~ 1IliIII_..,.. <br />Property in JOOd rcpair IlIld sW ROt COIIUIlH __ or permit ~ or deterioraticm of tile Propeny _ shaH 0lIIIIpIr widI the..._. . ., <br />of lIIlY IRa if this Deed of Trust is 011 . ~ If this Deed of Trut iUllllunit in h tlII~1 liMA or............ ..IIIIJIIillI-....... <br />shall JllIIfforIlII all of 1IcImlww', Db". .~ lIIIlIlIr tile ~ or ~ creIdirla or ~the :rnl I' or <br />lic,dJp._..lJy-laws_n..lltioauoftlle~orpi.almodlWt~. I I.IlIldCDIIII.lulIIl Ita <br />__unit .... III II rider is ~ by Borrower ud rocooiccltoptller with this Deed gf Trust, 1M ~ _ <br />rida shall lie '-I\IOCMId iIIlo IlIld oW __1lIld supp".c. tile ~ IlIld 4111l11UIIllI gf this Deed or Trust .11 thel'idlr ....._ <br />... <br />1. ......... "lAHIr'.~. U ~ fllils to perform tile CoveoaDlS llIld...,u J>..4t.ta. ~~ in li!U J:.)!Mo(TnIst, or if., <br />~ or pro "mine is ctH"lIlmClld wIUclIlI~ afftctu Leftl:Ier's i~ III the PropIlrty. i~ but 001 ~ to. ___...... <br />~'-Ji', "* -~. or arraq_1II11U or JIIll< II 'I 03r ill~oIvinc lIllHi:rvpt or ~. !lIIII1..aIdcr at 1..aIdcr'1 opcinR, _ ..... <br />10 Borrower, .., IIiIIH SlIdllllllltltti_. &I....... SlIdl ~ aM taU !lud!1Iltitm II is ~ to ~ LtIulIIIIr', iIIlInBt. ilKl I~._ <br />_linllMd to, diisbwulIlIRll of~ 111..,.'1 f. aM muy ~ 1M Propeny to 1IlIWl~. If ~ ~ 1IDCdIlIIIII~ <br />aa ~ of IlIllIiIiIlIIM ioIUI ~ by tllis OIled of Tr~, Ikmower shaM P8Y the ~ ~ to~ 1M..... ill... <br />rm&ii _it r_ a the nIqUif~ for !Iud! i__ ~ ill ____ with ~'.1lIld 1..aIdcr', _ ..111.11111 or IJ.J II .... <br />-, Ikmower sW P8J IMIIIIIN!II of all ~ _ ~ ill tilt _ ~ t4Mm: 1*.. J....,. <br />~ --- ~ by ~,...,_ 10 tais par~ 7, wttb m_t__, shall ,*,,-1lIlI_ill..tl ~lId~ltd]u !ill ~ <br />--I!>y IIN Deed of l"nm, lIm- ~ _ ~ IIlIRC 10 ~ lllmW of 1l8~.IIIilllI___ RaIl N~'~ 00lM ~ <br />l~ le ~ r~I_1lI ~ tt\u." NId shall '- '-- fmm rile JIItc of ~ a. nrM ~ fr- ~ to tSmIIIlMI <br />..ilun_ ~ lIIIlIlIr.. ,,".1IIUaS ~ of im~ lilt _lid! rak ..OIIW M mntrary to ~ _. in ~~. ... ~ <br />1IiIlMI1Ieu. ~ at. ~ rille ~iWlI ~ ~ ,-", ~_ ..__aNmi 1ft thifi 1*... 'I shaM ~ 1.'-" to~... <br />lI}~m "*MJ' M1IiimI~. <br />I. I u ~ J ...... ~ -r III11M . __10 lie lUlIll _1IlbIe _TIl!ll ~poo _ ~IOM oj' IIIe Pr~Y. ~ t!IM l___1IhaII <br />!Ii'''1I hir~ ~.~lellllY ~1IltiR ~1_~~r~_IlM!refor ~10 1~'~i_Iftthc ~.~. <br />,. ('u' i16. TliIiII plliIll" of MlJi' 1I_<il tit clilllm for~, lhflOCt ')f f{mMq-W, III '~~1OO ..Ith 3fl~"~ (jif <br />I~ tlIl~<>f IIIe ~y, I>f PIII1I~. <II" hn _~'t" 111 '- ,,,. "'~M1l(tfl, Me ~~ ~ 11M ~I bl.- ~ In L~ <br />III _ ~ @l' It l~ ~ I!f IMl"f~'Y, !M I'f~ ~~ M ~.,,,h~ to 1M 'l.U!" _uno.! l>., In" l~ "llW<;1. ",II! 1M e~<~" " It"." <br />~ k> ~_. If! 1- ~ of. .'l'i"fl:UlIi lah,~ of 1_ P'r~". ~ it<'fI''-' 1<00 i~ nlllu...,... ..,.,~ Ifl ""'HI.,\. ,h<,,~ ,haJJ r.r ~ <br />fm' ~~. ~'l$f~ ~ t~ .~ olf l~'~ 'tiWIr.h PfGft-,:)fttOfl Hf !M' f}j1{tveed.lI !t'l-iU@j to th41 f'r'_ll'k'lthml whl~h d\f' ~t'\4."'un; ;ht' <;,\1J't11l '\f'\'\Ht"liJ <br /> <br /> <br />l <br /> <br />