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I o4~ 004010 L applicable law requires such interest to be paid, lender shan 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 Ciod 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 ",ith the future monthly installments of Funds payable prior to the due dates of taxes, assessments, insurance premiums and ground rents. shall exceed the amount required to pay said laxes, assessments, insurance premiums and ground rents as they faU due, such exc.ess shaH be. at Borrower's option. either promptly repaid to Borrower or credited to Borrower on monthly imaaUments 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 falt due. Borrower shall pay to 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 full 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 Property is otherwise acquired by L-ender, Lender shall 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 against the sums ~ecured by this Deed of Trust. J. ..\,pplicatJon of Payment~. Unless applicable law provides otherwise. aU payments received by Lender under the Note and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of amOUnlS payable to Lender by Borrower under paragraph 2 hereof, then to interest payable on the Note. then to the principal of the Note. and then to interest and principal on any Future Advancc..",. 4. Charges; Liens. Horrow~r shall pay all taxes. assessment'\: and other charges, fines and impositions attributable to the Property which IT'.ay attain a rri:oriry ov{"( [hIs. [)eed of Trust. and lea.sehold payments or ground rents. if any, in the manner provided under paragraph 2 hereof or, if not paid in ~uch manner, hy Borrower making payment, when due, directly to the payee thereof. Borrower shall promptly furnish to Lender aU notices of amoum1i due under this paragraph, and in the event Borrower shall make payment directly, Borrower shan promptly furnish to Lender receipts t"vldencmg ~uch payments. Borrower shaH promptJy dJscharge any hen WniCh has priority over this Deed of Trust, provided. that Borrower "hall nor be required to discharge any such lien so long as Borrower shall agree in writing to the payment of the obligation secured by such lien In i~ manner acceptable to Lender. or shall in good faith contest such lien by, or defend enforcement of such lien m. legal proceedings which \)perate to prevent the enforcement of the lien or forfeiture of the: Property or any part thereof. 5. Hazard Insurance. Borrower shaH keep the improvements now ex.isting or hereafter erected on the Propeny insured against loss by fire, hazards Included ",ithm the term "extended coverage". and such other hazards as Lender may require and in such amounts and for such periods as Lender may reqUIre; prOy,oed, that Lender shail not reqU1re that the amount of such coverage exceed that amount of coverage required to pay, the 5ums s.ecured bv this Deed of Trust. The insuranc~ carner provtd!ng the Hlsurance shaH be chosen ~y Borrower SUl to approval by Lender: provided. that such approval ~ha11 nor be unreasona.bly wirhhdd. AU premiums on In5U; ance pI... ;:/: shall be paid in the manner- provided under paragraph 2 hereof or. if not. ratd l!1 such manner, by Borrowt:r rnaloni{ payment, when oue. directly 10 the insurance carrier. AU insurance lXlb.:H;S and fenewals therrof "hail be 10 form ncceptable to Lender and shall inclode a standard mortgage clause in favor of ,illd 10 form it(l,:eptable w i.t'w.kr. I {,'ndcI 5haH have the fight to hold the policies and ren~wals thaec!. and Borrowe.\ shall promptly furnish to \ ,\,~nder aii renewal 11<'11\.-0 anJ all rtXelpts \11' paid premIums, In the event t)f loss. Borrower shall give prompt notice to the insurance carrier and Lender. l ,ender may maKe prlx)f 01 il\!i!:> Jt not made- promptly hy Borrower. Unless Lender :.md .Borrower oth'C'rl,llo"lse altftt In wming, ltlsurartC( prOL---eed.s shall be applied to restoration 0: repair of the Property damaged. pnwlded. ~ut:h re-\tof8tilln or repair 15 economically feasible and the: security of this Deed of Trust is not thereby impaired. If such le:.lOration or rtpau l'i not ttonomKaHy ieas.lbk or if the: security of this Deed of Trust would be impaired. the iOSuraflC;e proceeds shaD be apphw 10 the ~um5 s.t:Cured by thl~ l)<<.j ...li Trust, With the ex(es~, jf any, paid 10 Borrower. If the Property is abandoned by Borrower. or if Borrower faib to r~pond tu Lender ""it hut 30 days from the dale nOljc~ is. mailed by Lender to Borrower that the insurance carrier offers to ,>eHIc a daim fOf msuntncc: benefits. Lender IS authoflzed to coUecl and apply tht: msurance proceeds at Lender's option either to restoration or repalr ()f t~e ProperlY l'f it) I.ht'" sum~ :lC\.;urC'd by Ihis Deed of Tru~t. Unles..'\ Lcnde-, and Borrowe-r othC'f"Wlse &.g.rC'(' 10 writing, any such appiic.auon of proceeds to principal shaH not extend or posipone Ute due date of the f!tOrHPJy !!t~tallmcnls It:.krred to In paragraphs I and 2 hereof or change the amount of such instaUmenlS. If under paragraph 18- herrof the- Propt'!ftV 1\ aCQunn1 by Lender, all rig.l'H, ude and intercst of Borrower in and to any insurance policies and in and to the- proceeds thereof r~u1tll1g from damage to the Property prlor to the saJe or acquisition shall pass to Lender to the extent of the sums s.:cured by this Deed of Trust immediately pnm to f\uch sak- or a>:Quisitioli. 6, "'-r.._ alld Mal.k.....,. of Property: Lnadtoldo: CODdomldlu....; PlnDed Unit Denl..........., Borrower shall keep the Property In good repair ani.1 shall not commit waste OJ pcnn.it impairment or deterioration of the Propeny and shall comply with the provisions of any leas<- it' th.ts r~ (1f rnl5t bun d.lca>ehold. I f this, Dttd of rrusllS on a umt in a <:ondominh.un or a planned unit development. Borrower 'jhall perform all (If ~)rH.)""'tr'" obhglll.tOns under the ded.a.ration or covenanl.!J creating or governing the condominium or planned unit dC\-.elo.pn\e.lH. th.(' i:ly-iaws and H~8u.lallom of the .:ondominium or planned unit dC'\lelopmenl, and constituent documents, If a l.'Ondominium or pianned unit development rider is I:\e.,'-uted by Borrower and f(':Corded togdher with (his Deed of Trust, the covenants and agreements of such rider shall be inCQrpora.led Il1to and ~haa amend and supplement the co~enanls and agreements of this .Deed of Trust as if the rider were a part hert() f. ,. ProtrclioD of l...eaftt.s Security. If Borrower falls to perform the co\'enants and agreements contained in this Deed of Trust, or if any zn:tion or pr.....::eed1ng .:-. .:omn\-eo;;CoJ whi~h mate-nally aHO:h Lender's lflferbt in the Property, including, but not limited to. eminent domain, m~w"'('{h;"y. ..:oot tnfor~('mcill. 01 anangemems or pHK:'ecdings involving a bankrupt or decedent, then Lender at Lender's option, upon notice to Borrower, may make fltKh appea.Hlfic~. disbufs( such sums and take such a-ction as l~ necessary lO protect lender's interest, including. but not limned h1. disbursement of rea.wnablc aHom~)''i fees and CflUy upoo the Property to make repairs. Jf Lender required mortg&8c insurance .u: a ,:ow,.huon of mAklO& the loan s:<<urcd b-y thiS Deed of Trust, Borrower shaH pay the premiums required to maintain such insurance in effect llfitll !lou.:.:h tlOlC a, {~l-e c<<julrc:ment for \udt iJbura..'1\:C' termtnates In a>':':i.lldaU\."e with Borrower's llnd Lender's written agreement or apphcable la~. aorfl..")""\~f;.h&.U pay the alllOUni (.If a.U mOHgag,c irnuram.'e premiums. in the manner pro\<jded under paragraph 2 hereof. Any ..IOOunG f.hsbur~ b)' L.('oo(.'1 pursuant to this paragraph 7. With interest thereon, shall bet:ome additional indebtedness of 8orrowet \.t\.-'"Urexl by thu. rltcd 0.1 Trust. Unies,s Borrower and Lender agrt'e to uther h~rm'$ of payment. $uch t"..IDounts .shall be payable upon notice from !.cmJc t4 Bon-i..Ho!..n !cquesung pa,:ment thtl"("()l, and ~h311 be.;;l.: IlU~r~l from ~he dale ~)i disbursemem at the rate payabie- hom time to umc un '\)UIM.a.ndl.f~ pn,A'ipai uJ\dcr ih<: Note: unto-" I>>'),nc.nt of lI\lt'resl ill ~uc:h rate would be c-OHlra.ry to tlpphcable law, IJl which evclU ilu,h amounts ~h..u bolt- inlt-t(::u at the htSheut rate petml.s.\lb~ undcf apphcl!blc la~. NOlhlllg ;.:ont.i:t.wt'd In this paragraph 7 ,hall requln= Lender to InCUf ~ny -f:\PCU-K iJI take- ;&ny ~'ii(m hertl.mt.k:r S. l~. l.tnder m....)' rllM.le ;,)f c....lA$ 10 bt': made reasonabic tntn~ upon u,ntJ Hl~pccli(lm of the Propeny, ph.rnded thai Lender s.hall (tH- iklHV~cr tK>tk'.'C" r\J'lj)i to any !l,uct1 in~pc:w..m l-~ifvlt\. reaiolUlbic (ilUlie ~herrfoI ('t!iated to L('nder'$.. U1teres~ in the:- Propc:n:v fl. LoaailUUtto., lh<o. pr(l(t't"I"l;>;, of auy ~w<ird {J{ dailO fOI t.larnage_'i.. J_lrto.:i (If <~ifl"cquttltHl!, in >..:OHI1!X':I}l.)1i \l\,lth an)' ~'\md("mniHl\.Hl ,11 nU~'t'J t-A~uns-{d tt'l< PrOr~H,-. Of Nn !here'(,)l. Of ltlr Ct)Ovf)'ilh;(' m tHou '.Jf C(IOd-eOH\/Htnn. M~ heftb)' i\~"J__I\(Xi imd .til1aH bt" r~ud t$ L(noc-f h~ lrw: n-t'n~ \,f A {'.-,taJ \.1l.\:.H'i' of tilf j"r1..lpcn~. (~e l1HJt.:t<<1~ .!>hall t)(" apphed h; the- "ljN!:;.. ,:('\:ure,J t>~ iht~ l)ecJ of lrml. with the ("~..-.(.',\\. !1 .W~., (...4 t~'l tii!i?fw....el .II, nu:, {'vnH M 3. t"li\fnallalw~ "f the Pi'-i~nr, UflJC1IO.'i. Holti.>wcr <Hid l Nh.k:r olhc''''l....e ~H:'(' ill wtiWI$. dl('J(' ~h-ttU he l'l;ppll('.J '0 :hi;" WSll'J..\ 'k~';.u,,:(; tr... .ht'l< r~4.1 \'~f fnHi "-ud, pn..p.,.Httun t-if ihrl pH~(1t'd;.~" F t~iU~i I" Ihal PH}p.:)tllon 'Ahh.:-h ihl.': ,ilmnUlll ill ihf' "wu~ ';t'''UUt'~.l r