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<br />I <br />84 -' 004049 <br /> <br />r <br /> <br />applicable law requir.. such Int.....,to be paid, Lender shall not be required to pay Bol1'ower any Interest or earningSonthe'l'undS';lfri\fei~; .. <br />give to Borrow..., without charge, an annual accounting of the Funds showing credits ...d debits to ~he FundS and the 'p~ foi<wbi.che\jcJI:. . ' <br />debit to the Funds was made, The Funds are pledged as additional security for the .sums S<<llred by this Dee,lofTnm, <br />If the amount of the Funds held by Lender. together with the future monthlyin$tallmentsof FUl\dspay.,blcpri <br />assetsment., insuran<:eprem!um. and ground rents;.hall ""coed the amount required 'opay~.iillles,~ <br />ground rents as they fall due, such excess shall he. at Borrower's opt!<lIl, either promptly repaid '0 Bort<>"""drcredjl <br />instaJlm<onts of Funds, If the amount of the Funds h~ by Lender shall not be sufficient to pay la>tes;'asses$meDiS; <br />groundrenu as they fall due, Borrow... shall pay to Lender any amount necessary to make up the def'1ci<DCy witbiit'lO <br />is mailed by Lender to Borrower requesling paymentthen:of, <br />Upon payment in full of all sums """"red by tlUa Deed of Tl'Wit, Lender shall promptly refund to BorrowerllUY. FUndI; <br />under paragrap/l18 hereof the Propeny is sold or the Property is otherwise acquired by Lender, Lendershallapply.noJaier. <br />priot 10 the sale of the Property or i15 acquisition by Lender, any Funds held. by Lender at the time of application ua<rid\t <br />s<cured by this Deed or TruSl, . '.. .... ." . . .'. .:,"" <br />3, Applleatloa of Paymoau, UnJe.., applkable law provide, OI_e, all payments received by Lender \Ulder the Noteand~}:. <br />and 2 hereof shall be applied by Lender first in payment or amounts payable tp Lend... by Borrower under paragrapb2 bereof,tbi:h t(>~~.:. <br />payabie on lhe Note, then to the principal or the NOle, and lhen to interest and principal on any Future Advances; <br />4. a..I1ft; l.leas, Borrower.hall pay alii""",,, assessments and other charges, fines and impositions attrlbutilble,tothePfu~,,"hk:h" <br />may altain a priority over this. Deed of Trait. and leasehold paymtmts or groand rents, if any. in.the manner provided under-par~:~~b~,f, <br />or. if nOI paid in ~uch manner, by BorrQwtT making payment. wh~n due. directly to tbe pa)'N-" thereof, BOrrower"shal1-pr~ptlY fUtnish -~ <br />Lender ail notICes of ilmoun~s due under [hi~ paragraph. and in the event Borrowe. shaii make payment dirca:iy. ~.~;~ <br />furni!t.h ((I Lender rect::lpb cvidenong !il-Ch paymcut.'\, Borrower shalt promptly d~scharge any lien'whicb has priority pver this Deed-of-T'rt.Ut;- <br />pcrO\.;ded. tbat BorrOW~f $.hall not bt: req-uued to discharge any such lien so long as Borrower- sball agree in writing_-to_, the'-pa~t-:Of';t.__ <br />obligation secured by such hen In a manner aCI.:qltable to Lender. or $haU in good faith contest such lien by. or defend. ~orcement'of .suchJieli.: <br />in. lepl prCJoCeedings which operate to pr~enr tbe enforcement of the lien or forfeiture of the Property or any part thereof. <br />5. Huard 1D!JtUU<<. Horrower ~hall keep (he improvc:menu now eXIsting: or hereafter erected on the Property in:;ured-apinst-kJas,:by fi,re,. <br />ha.za..t'ds included ,,-j-l'hin tbe- term <'urendt:d co,,"era.ge" . and such other hazards. as -Under may require and in such amounts and for-_such_pcriQds' <br />as Lender may r-equiu-; pm\'idcd. l~t Lender dwJ not rcquin' that the amount of SlJ\;~ "'erage exceed that amount of co~ required to pay <br />the- -sums SC'Cured by thu Deed of Tr<J:st <br />fht' 1U:surance c.a!rier rru\'ldm,: the insurance shaH be chosen by Borrower subject to approval by Lender; provided. that such -approval <br />shaH not be unreasonably wlthhdd. ..\U f'1m1IUmS on Il1Suram.'{' pohcid shall be.- paid in the- manner provided under paragraph 2 hcn:of or. if not <br />P6-id HI ~uch tnalU'lCl". by BonowC'r makmg paymctH. when due. directly to the in.<s-urancc carr-let. <br />AU insural'K"C' polh.:lt~.~ and n::nc..-ah tncrtof \h>>.H be in form n....(.'t'ptabl~ to Lender and shalt include a standard mona."::'ua.e in favor_of <br />and tn form a....'l...t:ptahk tnl .e:m:kt. LrlHkr <;,n.a.1I hot\'!: {~ right h) hold the poh('lo and rcm":wab. lher-rof. and Borrower shall promptly fumi$h to <br />Lt'nde1ltH f<:ne..".t notR~ a.nd..H !'iX-elpt:'\. of paId pr-C1lllUnl1\.. lathe cvent \)f k~. Borrower shall give prompt notice to the insurance carrier ana <br />Lemler. Lf'non nUl:V mak(' PW\lj ollo!..~ It !'mt m.we ptt.mlptly b;' Borrower. <br />t.;tUess Lender and !k'1fTO....CJ ,)tner,.sfi1K -apte in \l!fltinil. lIU-u!a~-"'e pr-oct:ed:s, shall be applKd to restoration or repair of the Property <br />d&f1'1~. ~\to"'-u;t-N !u('h r~toratlon Of f<'P&1r 1:\ tX-vnvmK-.ilh feasihle and the !eCuoty of this Deed of Trust is not thereby impairect If such <br />reslOIllbol'-' Of tep&1t I~, lH,'M: C'I..'1)nr.,"u~aliy f('~bk \1f 1t the ~-unty of tfiu. DceQ of TruM would Ix Impaired. the insurance procced& shall be <br />i:lp~ibJ to \he ~urn.,. ~ur-ed t'y Iht\ t>ttd ot rru..'i-t, wllh the- ex\."O-~. If an)!, ~jd to BotrO'Wef. if the Property i! abandoned by Borrower, or if <br />Borrower f1Alis to fd-pond to Leudet ....'tlun )(J days. from trn: dat~ no1.u:c IS mail:ed by Lender to Borrower that the insurance carrier offers to <br />~uk a \,':Wm i~ iIUUI4fi..:< benc:fib. l.~'l\ .utOOfllW Iq ...>U<<t ami apply the insurance- proceed" at Lender's option either 10 restoration or <br />r~{ t...f tb(' PT\,,~ty vt h) t~ ,Urlli :S<<:\lfe...l by t.lUJ I>ted of rru,S{. <br />U!ti~ l eno,iC't iloJ Bot '.)l'l'ci \nhei ..be- i3fe-t- ifi -.-ruins. an) SlAU l:I.ppbcauoo (It prv.:eeds to- principal ,hall 00i extend Of po5lpone the due <br />dal~ iJf the fl\()tnhl, H"btallmcnh ~-e-teHed to lfl parlljr-apiu 1 anJ 1 hercu( (If ctuullr the amount of such lnstaUmcnu. If under pafaarapb 18 <br />btreo( tht Pr~t)' u. i".'QUIl N O} i et'kkf, aU nghl, til:ic and tOlCfOl of Bor1v'ottt!f if! and to any ifl$ucfU'la policies and in and to tbe prtKeCds <br />theroof resulting from damaa-e h)- the Prop<<ty pn(,lt l(.l lM sale or ao::.qulsttjon sball pass to Lender to tht' extent of the- sums secured by this Deed <br />of Trust lmmedW.d)" prl(l{ 1-0 \-~h \Ak \..of ilC-qu-.sition <br />.. '"-adoa _ __ ?f "-'; 1.-hlIh; C___ P......... Vall o..~... Borro..... ,hall keep the <br />Propcny m Ji.-,'ld repa.iJ aOO ilIan ">Of ~onunil "L~c \}r petmit lnlp&irmem Of dettttoriltion of the Property and aha1J compjy with the provisions <br />\}f lln) letic d ltU:i Deed or TrUs,ilS. on II letidlo1d. II tins Deed of Trust I~ on a un.illfi a ~'()ndonUnium U( II; planned unit development. 8orrowa <br />shall perfurm aU uf &'lfro-.tt.~ ,mJ"atKllU undtt the- declaratIOn Of ~(tVtnaolS creatins or govetnina the ,xmdominium or planned unit <br />dn>dopmalt, l~ b)~l.....s &nd fq(Ula{it~ of lhe ,ondomuuum Of planned unit deveJopmetn. and OOD$tituenl docutnems, If a rondominium or <br />planMd unit dn'~nt !ldd i~ ('\('\,'uttd b)' 8ot'r"v.er a.nd t-t\.'Ofdi:od wscthet 'l"ith this Deed of Trwt, the co'*'cnants. and agreemml$ of such <br />n.tJn s.l'Yll ~ io.x'fpo,."\!"-&.t<!d !fit.i.... 8.o>j !hA!i Ll9<'1loJ. '-.nil ~y~t t~ "-,')-"~rumt,,, ~nd ag.r~nu-m~ of this {)e.rd of Trtl!t ft.S if tht- rid~ were 11. part <br />her",.. <br />1. ~ v-1 LflNtr'i Sealrlty, if b..')u-o",'(:[ falls to perform tm- .;oO'roams iIflU agreC'ment~ \.':untaintU in thh Deed M Trusl., \")f if any <br />;KUon \)i pHX:~ng u ~oouucn...'Cl1 *'lu~:n fncutnailj' ..ff('Cu Lender's lnter~t Ul 1M Propt.-ny, mduding, bu, not limited to. eminent domain, <br />m,loi.""ll""(,fi1;J. ~(lde tnirn:~ant'm, ..H aJfl\I\,emctH-.) or PfOi.:ted11\&i m'lr'\llvuli" bankrupt or decedent. rhen Lcmde.. at Ltndcr's option, upon IH)(ke <br />~o 8offov..a. Tna)< ma..kC' Mh:h appca.ran...~. disbwse SiA'b sum~ and takC' such a~Hon as. i$. nect"SSaI'} tl) pr(){a"l Lender's interest, mdudil1.l. but <br />not hmittd w. .di$bur~t of ~...son.bie aHOlnc)"$ fea and ~IU)' upon the Propeny to ltUlk.C' t'q>a1rs. It Lender r~utred mortiaac lnsurarll'e <br />.Ii a ctlDditioo of mU.11ll the loan ~ured by thHi l)rcd of Trust. 8orro\lo'tl ..haU pa~ (he plCflllums requital to mamUun such insurance in eH<<1 <br />till-ai ji.l>o;n time &i the r~tlut'n~'': for ~b m!oura.n...~ t~mtnalh ~Cl a<<:ordanl..'C with Borf\)"'(l'~ and Lender's wrtuen agree-rnetH Of apphcabi~ <br />law. 8unoVloer ~bAU p:6)' tM amount <.J! 411 nWfti&&-C-IMUUJ\l..,,<, prelIDunu. in the mannco( pro\'IJed under paraaraph 1 hc1-eof. <br />-"'ny amount! dUbur!ted to)' Lrndcr punuanc to thJ1. -pMagraph "1, wuh mtert'St {herron. ~hall bec:otm- additional indebtedness. of BOrtower <br />~ b) Ihillleed of T't\UL Unleu. 8orfO'Vtt'f.and Lender _tree to Ot~ terms of paymcm, such amounu. thall be payable upc:m nOUa- from <br />1.,(UQn' u,) &.>rf,-U;lffl ftlqunt11\& PA:tmcnt thc:(eof~ and sh411 bear U)lefCS( from t}w-. Jatt of dlSbunenlt~tlI at tht t.H~ pil)"ablc f(om tlme to time on <br />nW:ll&Ddi-.: pri,t'IOpai under too Nott unlns paymt:nt of infeft:);' at lu.;h rate: would ~ \:onu-af) to applicable Law. 10 wluch e"'tnt $U"O ..mounl~ <br />tbaU beer \RtCfC$.;' at tbe iuahnt r.It punmsibk U~t .app&abk la~-. Nmtuna t.1JnUuned In th1S piiHI;8.faph ., 'f.haU reQUH~ ten-d~ tll incur an} <br />_ O! w.~ lmY "'''lOO hef..._, <br />I. '......... l-enQfl mi)~ "\l.k( or '-.aUM- to be made fe&$4)nablc tmnes upon and m~llom of tn~ Propc:I'ty. pro'i\dtd Ih., Lend(1 ~han <br />&1'ft! lfot'fO'W(lt' hQ(li,'C plK'Jf ~o an} l~h U",*,.1_Wn s.peeifyml fNWnabkcaule therdot rdalN to Lender's 10tcrest In the Pn:)j.ltrl~ <br />.~ (-,.....~. f~ PH)(~ 1:1f any ..'....d (tf 'l."llim for d&l1laJ.n. dlrt:\.,t ,)f ~,tHl~uenHiI~, In t:(lnn~uvtl "'llh a.n~' ciJnJcmnaih,'H ll!- <br />t:<tM-t t.U.N\f i)f the PTnrcrt). ()I part lh<<~')f. Of f(if ~o'n\f~Yant.:c:: in hew {If nmdeumallUo. ~-t' h<<eby a~\\lt\<<i and shAH he l-",hj to 1--(,Hl1<'f <br />1<<\ t'M-n:~n{ {it -& h~a_! t.ktnc (,.If tM Propn.-ty, tht' pnx:~...ball bt- appllcd 10 {h~ ~!o.lhl~ !.a:~rcd ~y th,;\' t~ oi ff\IM, ....'th tht' ("('(\~, It ltn~', <br />p;:ud It;. Born~. Ill. ~h-t t.vcni ~)r .. "",b.J h~"H\, H! lM P't~-.y. UhMtu l\m'ro...--c.-I .00 L.etuk-t .)[hff'WlU> "41'<< W1>Ii,1!.H1,g., then." "hAjj ~ apfH1Cd <br />h'1- H~ -t;,.jo.m.'!l. ~UlW b)~ t1'ti...\ l~ o--{ l fU.~t iUl;n fiH,lpQttit.~ of thi! pti--.(("-C:d1i ., l!'i <<fu.d to Hut! rH\~fXHttWi 'A-flldl the." aHi\.lUnl \)1 the' ~<JJH\ "t.....'Ui <br /> <<I <br /> <br /> <br />L <br />