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I 84 -.J 003171 applicable law requires such interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower. without charge. an annual accounting of the Funds showing credits ~d 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 ofTrusl. If the amounl or the Funds held by Lender. together with the rulure monthly installments or Funds payable prior 10 the due dates of taxes, assessments. insurance premiums and ground rents, shall exceed the amount required to pay sai.d taxes; assessments. insurance-premiums and ground rents as they faIl due, such excess shall 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 heJd by Lender shall not be sufficient to pay taxes, assessments., insurance- premiums:.and ground renls as they fall due, Borrower shall pay to l.ender any amount neeessary to make up the deficiency within 30 days frOm the date notice is mailed by Lender to Borrower requesting payment thereof. Upon payment in full of all ,urns secured by this Deed or Trust. Lender shall promptly rerund to Borrower any Fund. held ,by Lender, If under paragraph 18 hereor the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply. no later thanimmedlately prior to the sale of the. Property or it.s acquisition by Lender, any Funds held by Lender at the time of application as a credit agai~:UlC~ sUms secured by thi~ Deed of Trust. 3, Applkatlon of Payment., Unle." applicable law provides otherwise, all payments received by Lender under the NOleandpamgrlljlhsl and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower under paragraph 2 hereof. then lointeres~ payable on t.he Note, then to the principal of the Note, and then to interest and principal on any Future Advances. 4. Chargesi Unas, Borrower shall pay aU taxes, assessments and other charges. fines and impositions attributable to the Ptoperty'wbicl1 may attain a priority over this Deed of Trust, and leasehold payments or ground rents, if any, in the maimer provided under p~pb.2 hereof', or, jf flot paid in such manner, by Borrower making payment, when due, directly to the payee thereof. Borrower_shaln)l'om~drJ~~isb,"~~~ Lender at! notices of ~ounts due under this paragraph, and in the event Borrower shall make payment djrect1y~ Bo~o~er.'~....~,r~~y:: furnish to Lender recC'lpt.~ e\-'idencing such paymenrs. Borrower shall promptly discharge any lien whjch has priority over this. [)ee(tDf/ftust~ . provid~, that Borrower shall not he required to discharge any such lien so long as Borrower. shall agree in writirig~'to the':~~.ep:~.-:or:~:~' obligation secured by such lien in a manner acceptable to Lender, or shan in good faith contest such lien bYt or defend enforcement of.such,.~'-' in. legal proceedings which operate 10 prevent the enforcement of the lien or forfeiture of the Property or any part thereOf. S" Huard losarance. Borrower shaH keep the improvemcms now existing or hereafter erected on the Property. irvnlred_~"loS$:by.~~:, hazards included within lhe term "extended coverage" > and such other hazards as Lender may require and in such.amoui1ts:.8nd::fc)*,,':SU~:~, as Lender may requirt; provided. that Lender :shall not require that the amount of such.coverage exceed that'aDiount of coverage..reqWred to:I~:ay~ the sums ~ured by this Deed oiTrust. , _ . _ _., ", " :_,.__~,.":._<:,..:c The msurancc carrler providmg the Insurance.shall be chosen by Borrower subject to approval'by Lender: provided. that-.such_:app!;~~", shaH not he unreasolUlbly wifhhc!d. AU premiums on insurance polides shall be paid in the manner provided under paragraplf2 ,htJ:'eOf:Ot\'.i(~t-: paid in suc.h manner, Oy Borrower making payment, whei. ..ide, direc.'1ly to the. insurance carrier. Ail insurance polil:ies and renewals thereof shall be in form acceplable to Lender and shall include a standard mongage .cl,ause ~:fav(u:::oJ and in form acct:'pta.ble to Lender, Lender shall have the rig.ht 10 ho-id the policies and renewals thereof, and Bortower.shallpromptly'fumtSll...tD Lender <ill renewal nouccs and all re<~eipt~ of paid premium), In the ('vent of loss. Borrower shall'give prom'pt'-notlee to the inSurance- C8J'riei':tU1d'. Lender. Lender ma~' make prO(!r of l~.s If -not made promptly by Borrower. Unless Lt~tkr and Borro.....~r otherwise agree in wrIting. in~urance.procceds shall be applied to restoration',o.r :fcpair.~r,~e'.:~:, damaged. prOVided such restoration or repair IS economically feasible and the security ot this Deed oJ Trust is not Utercby,'iri:qW~,,:,If':~~ restoration or repair 1:Ii not ecQnomkaily feasible Of if the ~"Urity of thb Deed of TrU$1 -would be impaired. thejnsui~ p~"il~alt~:,- applied to the sums !'>ecured b)' this Deed ()f TrUll. With the ex-cdS. illlOY. paid to borrower, If [be Property is abanO.O:neQ.,:by..BQm,wCr"wlf Borrower fails to respond to Lender_ within 30 days from (he dat~ notice is mailed by Lender to Borrower that the lnsurflDCt..carricr:-()ffcrs :to settle a daim for In."iurancc- benefits, Lender is aU-InQrized w collect and apply the insurance proceeds at 'Lenc1er'~s optioo.either:lU ratOradQii.;or... repair of the Property or w the sums. ~urro by lhi~ Deed of Trust. Unless Lender a~ltj Bcnowel otherwise aar<<. in writing. any such application of proceeds' to ~nciPal ~~ ',not extend.or P96tpQne .~,:,due dale of the monthly HiSlallnkUts refe-rreJ to m paragl'aphs 1 and 2 hereof or ch-anae the amount.of such in.s.talbnents~.If-umter,-par~pti'18 hereof Ihe Property is acqulred by Lender, all rig.ht, title and interest. of Borrower in and to any insu....nce policieS'aDd in and:to~:the .~~ thercof re5U1tini from damage to the Property pdUi to the !>&Ie -or 3\.-"quisition shall paM to Lender to t.tw: ex~t of the..sUm-s- ~ 'by:,tbi!.~:.", of Trust immedialely prior to such sale or lWquisition. 6, Pnooerv.ti<>n.Ad Malnteaaa<< of ProperlY: 1..-elwIdt: (;onclollllnl_: PIaIuIeProperty in good repair and shall not commit waste or permit impairment or deterioration of the Property aJllI sball <:onlp/.y,with thCprovlsiOllll of any lease ifthi.s Deed of Trust ison a leasehold. If this Deed of Trust i.. on llunit in-acondominium or a planned un,it devclQpl'll~tt ~ower shall perform aU of Borrower's obHgati-ons under tbe declaration or covenants creatin, or govetnIDl,the condOJ'ilinium'.or. p1annCd "unit development, the: by-taws and regulations of [he \;ondominium or planned unit development, and constituent, documents..lf a eondoin4Uwn Or planned unit development rider 15 executed by Bon-ower and recorded together wilh this Deed of Trust, the covenants and ~Cnt$ of,.such rider shall be iocorporatcd into ami shall amend and s.upplernenl the cO\lenanlS- and agreements of this Deed of Trust as if the- rider 'were'. part hereof. ,. Prot<<tiou of Leader's ,Security, If Borrower fails to perform the covenants and agreements contained in t.hi-s Deed of Trust. or if any action Of proceeding is commenced which ffiall!'riaUy affects Lendet's interest in {he Property. indudiog. but not limited to. eminent domai~ insolvency, code enfon.:emcm, or arrangements or pf~ings involving. a bankrupt or decedent, then Lender at Lender's option. upon notice to Bot'rower, mal make su..:h appcarafk.-e5. disburse such SUInS and lake such action as. is neceuary to protect Lender's interest. including, but not limited to, disbuncment 01" rtasonable attorney's fees and etHry upon the Property to make repairs, If Lender required mortgage: insurana as a condition of making the loan S~UTed by this- Deed QfTrU5t, Borrower shaH pay the premiums required to maintain 5-uc,h.inswance in effect until ~U\;h lime a$ the requin.'menl for such insur an~e {enninaa~s in ac.::ordan'e with !:h,rrower's and Lender's written agr<<ment or applicable iaw. Borrowcf shall pay the amount of aU Ol-{Hlj,a&e insurance premiums in the manner pr-'oJ-\-'id-ed under paragraph 2 hereof. .J\.ny arnoum$ di.d.mrsed by L.ender pursuant to thi.s paragraph 7, with iotC'restlherron, shaU become additional indebtcdnes~ of Borrower ",<<:ured by thi5 1>c<<1 of Tru$L Unies.s. ltorrowCf and Lender agree to Olner terms of payment, such amounts shalt be payahie: upon notice from Ln-.dcr to Borrow(::r ftque;.ull8- i-lilrmc-m thereof. and ~haU bear irHerest [wm the dal(: of dh~bur$emem at lJlt'. rate payable from time to time on nUb-tanding principal ufKkr ihe Note urnes" payment of interesl a1. s:uch rale would be contraJ)' to appUcablt law. in whkh event such amounts ~ha1j beat -inH!:tt"s! 'at the hiaht'St t.~c re:rmis.-sib~e unde.f a.pplicable-law. Nothing ({)ntained in this paragraph .., ~ha!J requite L-ender to incur a.ny ctxpt1Ut or l~kr an.y action hereunder. s. J~.. Leuder may make or tause to ~ lnad.e reawnable cnt.rics upon and inipeCtioru of the Property. provided thal Lcndes "hail ~n'(' Hormwt'f nnlk~ rdQr 10 an~" men irl$p<:\::tiiJn s~jfYln8 f("uonablc- ",--au~ tMJ'd'(')t' (('{ated Hl L~ndct ':; interest i.:1 the Proptrry" 9._ (:.u:,.~ticft~ Tht': pHK:ef'ds of any award {'J.( daim for rntma$c-~. dnect or <;;,oftioCqu.emiai, in \"(lnu<<::llOlt with an)' ("('mdcmnaUo!t i.n mhc-t tl~in..of the Pwpcrtl<. c-r Nit! fheIl'1.--:lf, Ol {,)j ~Oflverwte in he'u of fandt-mnation. ue hereby a~slgf]ed ..0..1 shiiUi be paJd to Lender, Ln t~ (.'\it-fH of Ii. tt)t~i la)ana oJ tht ."optn:r. !he prcoct<<i~ dwl1 be appi)f<d h), the ~\l-rm. r.t'.;urt'd tJ) thh, L~ ~-tf Tnj,"It, with. Of'( ('\~t'~~. if any. j:liUJ Hi tiou<)wcr" itl l~_ ~y'tnl of 3. pij,.rHit.! t.akJrIj M t~; PH>pcrly. tmk'ii:s 80,Hfld,'r:f -a.rM.l Ll:'ihJt"'I' <nherwL'!.e -If.gfc(- m wr1tintl, '1h~H: ~haH t><: iippheJ t.o tht- ;o'uln" 'io('~u-tt~ b)' t.hi.s l~1 of Tnul ,!;i,t~h pwpt;)(hm.l-01" the:- p.rOCe(d;,..b i\ ~"'qil,aJ H,' ,htH p-rL1{l<..J:tton W).ih;h t~(' anh1Ufl\ e,t the StlHh ,>e..~ur-('J ,;;-: