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I r ., n"'2 84-~v.917 applicable law reqUIres s.uch interest to be paid, Lender shall not Ix- required to pay Borrower any interest or earniQ.@:s on the Funds. Lender shall give to Borrower, without charge. an annuaJ accounting of the Funds showing credits 4Ild 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 held by Lender. together with the future monthly installments of Funds payable prior to the due dates of taxes. ID.SeS5men~s. insurance premiums and ground rents. shaH exceed the amount required lO pay saUl taxes, assessments. insurance premiums and ground rents as they fall due, such excess shan be, at Borrower's option. either promptly repaid to Borrower or credited to Borrower on monthly installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay taxes. assessments~ insurance premiums and ground rents as they fall due, Borrower shall pay 10 Lender any amount necessary to make up the deficiency within 30 days from the date notice is mailed by Lender to Borrower requesting payment thereof. Upon payment in fun of all sums secured by this Deed of Trust. Lender shall promptly refund to Borrower any Funds held by Lender. If under paragraph 18 hereof the Property is sold or the Propeny is otherwise acquired by Lender, Lender shaD apply, no later than immediately prior to the sale of the Property or its aCQUisition by Lender. any Funds held by Lender at the time of application as a credit apinst the sums secured by this Deed of Trust. 3, '\ppllatlo. 01 Plyme.... Unless applicable law provides otherwise, all payments received by Le.der under the Note and panpaphs I and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower under paragraph 2 hereof, then to interest payable on the Note. then to the pnnopa1 of the Note, and then to interest and principal on any Future Advances. 4. Chaf'ls; Uens. Borrower shaH pay aU taxes. assessments and other charges, fines and impositions attributable to the Property which may auain a priont)' over thtS Deed of Trust. and leasehold payments or ground rents, if any, in the manner provided under par.....2,hcreof or. If nor paid m such manner. by Borrower making payment. when due. directly to the payee thereof. Borrower shall promptly furnish to Lender all notices of amounts due under this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly furnish to Lender receipts eVldencmg such payments. Borrower shall promptly discharge any lien which has priority over this Deed -of TiuIt; provided. that Borrower shaH not be required to discharge any such lien so long as. Borrower shall agree in writina to the payment of-the obligauon secured by sUl;h hen In a manner acceptable to Lender, or shaH in good faith contest such lien by, or defend enforcemeut,of 5udrlieD' in. legal proceedings WhICh operate to prevc-nt tht' enforcement of rhe lien or forfeiture of the Property or any part tbereof~ 5. Huard hlluran<<. Borrower shall keep the improvemcms now existing or hereafter erected on the Property insured apinst loa by fire. hazards Included WIthin lhe term' 'extended ,overage" . and such other hazards as Lender may require and in such amounts and for such-periods as Lender may reqUire: providt'd. that Lender shail nOl reqUIre that the amount of such coverage exceed that amount of coverqc requir'ocHo pay the s-ums ~ecured by !his Deed 01 frust fhe- msurance carner prondmg the Insurance ..hall be chos1:":n hy Borrower ~ubJect to appova1 by Lender; provided, that such approval shall not bt' unreasonably w1thheid. All prt'111ums on insurance pI..'llicies shalt be paid in the manner provided under parqraph 2 hereof or. if not paid In ~uch manner. by Borrower making payment. when due. Jir~t.Iy 10 the msuram:e carrier, All Insurance f.-'lQhcie~ and r-enC',,"als thC'n:ot lihall be In form acceptable 10 Lender and shall include a standard mon.. clause in favor of and in form act.:eplable W Lender Lender ,haH havt' the right to hoJd the pohf..-'1cs and renewals thereof, and Borrower shall promptly furnish to Lender aU renewal nOtK"CS and all receipts ,Jf paid premiums. in the event of loss. Borrower shall give prompt notice to tbe insuram:c-carrier-aod- Lender _ Lendcr may make proof of 1m:!! I t not made promptly by Borrower. Unless Lender and Borrower olherW'ist aar~ III wr1tiI13. msuran~ proc-ceds shaH be applied to restoration Of repair of the Propeny da.maied. provlded suo.:h restoration or repan 15 economi\..-aUy fea..'iible and the security of this Deed of Trust is not thereby impaired. If such restoration or repair I_S nOI economically feasible or If th~ sa;unty of tlus Deed of Trust would be impaired. the insurance proceeds shall be applied to the :sums ~ured by this Deed of Trust. With the e~c.en. if an)'. paid to Borrower. If the Property is abandoned- by Borrower. or if Borrower falls to respond to lender wlthm 30 -da)'1 from the dale nouee \.3 mailed by Lender to Borrower thaI the insurance carrier offers to settle a claim for tfisurana- benefits. Lender tS 8uthonud [0 ,oUa..\ and apply the insurance proceeds at Lender's option either to restoratiOll or repair of th~ Property Of to f.he sunu s~----uted by thiS Deed of TrusL Unless Lender and Borrower olherWt;;.c alfce in writinl, any such appucation of proceeds to principalshaU not extend or poIt.pooe- the due date of the monthly inslaUment:. referred to 10 par-agraphs 1 and 2 hereof' or chanac the amount of such installments. If under paraarapb 18 her-eof the Proper-ty IS acquired by Lender. all right, title and interest of Borrower in and to any insurance policies and in and to the proceeds thereof ....ulul1llrom damage 10 Ihe P'Opel'ty prior 10 the sale or acquisition shall plSIIlO L~nder to the ...Ienl of the.ums lIeCIlrc4 by lhit DoecI of Trust immediately J:".I!ior to such salt- or a{:qu1siHoo /). PftMnaUo..1Id M~.__ 01 ,",-,y; ~; C....._._; PIuIIod Villi 01,,11[1'111 '". Borrower sbUlkeep lhe Property in good repair and shall not commit waste or permit impairment or deterioration of the Property and sba1l comply with the provisiont of an)' letic tf thiS Deed 01 frust is on a leasehold. ! r this Deed of Trusl is on a unit in a condominium 0( a planned unit development. Borro.<< shaH perfOfnl all of 8onow-er's obhgations under the declaration or covenants creatillJ or lovernilll tbe condominium or pIaaftcd unit development, the by~Jaw:s. and reguiatiom of the condODllw-Um or planned unit dtvdopmcnt. and constituent documents. If. condominium or planned unit development ndet IS ,,-'<<"tod by Borrower and r<<orded together with lhi. Deed of Trust, the covenan.. ancI _IS of sw:h rider shall be incorporated into and shaH amend and suppiemC'nl the CQvenants and aareemenu of this Deed of TruSl as if the rider were a part hereof. '7. Prottdioa of l..atder's Security. If Borrower falls {O perform the \..'-t.wena.Uls and 8.l-reements contained in this Deed of Trust, or if any action OJ pro..:.~tng IS comm~n\"-ed WhKh matcnaHy affects Lender's. mte-rest m th~ Properly. includina. but not limited to, eminent domain. l~ol...enC)'. \,'(,)(.1c- entor-.:ement, 01 arranie-mcuts or proc-eedina.s mvolvmg Iil ba.nkrupt or decedent. then Lender at Lender's option. upon notice to Borrower. may make such appe-aram,'~. disburse 'mch sums and take such action as is necessary to protect: Lender's interest, includina. but r-.ot !hni:cd to, disburse:nent of n:as-O-nabk: auonrey's fea and entry upon the Property lO make repairs. if Lender required mort.Ale insurance: as a condition of malmg the loan seeured by tbis. Deed of Trust, Borrower snall pay the premiums. requited to maintain such insurance: In effect until such time as lM requiftfll('m for such l(bUran~:c terminalC'S in accordance with Borrower's and Lender's written aareement or applicable la'W. Bonow-tf shall pay the amount of ail monlaae Ul5UIamc- premlums in the manner provided under pa.rqraph 2 hereof. Any ilmounts disbuned by Lender p-ut1uanl to this paragraph 7. with intert.5! the-fwn, shaH bel.."'Ome- additional indebtedness of Borrower !!ottuted by thit Dea;I of Tnat. UnleM- Borrower and Lender avee to other terms. of payment, such amounts shall be payable upon notice from Lender to Bonower reqUCltJJlg pa)'tncm there-of. and shall bear interal from the d4lt of disbursement al the ra.tc payable from lime to time on oul$t&ndtna princ1-pal under tbe Note uale$$- payment of interes.t at su.:h rale would be l.'Ontury to applicable law, in which event such amounts ihatJ bc6f lnlCt6-<< at the htahe5-\ r-ate permisliJbk undc-t app-bcable taw_ Noth~nK contained in thit paraanph 7 s.hall require Lender to IOt,.'"Uf any expense Of tt-ke u)' Ktion M-rt-undeJ . .. l...-euoa. L~-r may makt Of cause to be: madt r~..a.s(mable tOWes. upon liuld inspections of t~ Propert)'. pro\'ldcd that Lender dlall IIW Bouow-tr rn>t<<:<<, prior 10 an)' ~uc:h ihspection :t;-pecifyina reaMlnabk l'aus.e lherdor related to Lc:nder'~ IOtt"reslln the Property, 9. C~..t.kM.. llW' pf(I(;('Cd-S of any 3-w~fd or daUB for dam.a,.t'S, dlr-cct 01 con~uenua!. In "I)unoctwn With any condemnation of othc:f tUjni l:.f H'l~ PrOpt:ft\', Of ~'t thc-lt'tlJ. ()t for i.:onv1:YlWCt' In b-eu of {,"t)u-dt't'noauon, aft' heehy M-lUgned 11lltS s.hail he ~~Id 10 Len-dCf 1ft tht:~tr-fil of -3. t.Qt-al tlkmt of thr PUJflo('ft)', th~ J't-('tC~ ili-aU bc-awlted to thoe ~um!l ~ured h~ th-ijltl>ct-d ,lJ Trust. with the Cll;\.'(:\:s, II auy, Dald w 8t:1fHlWtt In fM 1f!o'e'fH of \;l piut\aj l.itfi, of H~ Ptuvet'IY. unh;"$Ji. BoftO~t'f li.n-d Le-ndCl oth.cr~"l,'i(' 3&fN m wntlt1&, there shaH b~ af'~t~ tv {!It lum~ ~u-r-td hy Hu_;c t~ (}f 1 tU~I 1l;}l.;"O pr('portmn of tht pt(.'.:e~s: a\O t!t t'QuaJ w th:-at ptoporHcm wru;,;n the' <tfUt)U-fH rd- !he "um~ '<('I,.\,ttcd