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<br />~2-t)Q3D0 ~.
<br />if Bt+rrcwer pays Funds to Lender, tht Funds shall be held in an institution the depastts'or accounts of whicf; are
<br />insured' or guaranteed by a Federal ar state agency tinctuding Lender if Lender is such an institution). Lendershall apply
<br />the Funds to pay.said razes, assessments, insurance premiumsand ground rents. Lender may,not charget'oe so holding.
<br />and. apptying'the .Funds, analvzingsaid account or verifying and compiling said assessments and bills, unless Tinder
<br />pays Borrow•tr interest on iha Futrds and applicable law permits Lender to make such a charge. i3orriiwer and Lender
<br />may agtrx in writigg at the time of execution of this Heed of Trust that interest on the F;std4 shall be paid to Borrower,
<br />and unless such agreement s made or appiicabie law rtquires such interest ro he paid. Lender shall not be required
<br />to pay Borrower any intern[ or earnings otr the Funds. Lender shall give n-. Borrower, without charge, an annual
<br />accitunting of the Funds stto><ing credits and debits to the Fonds and the purpose for which each debit to the Funds was
<br />made. "Chc Funds arc pledged as additionalsecurity for the sumssecured bytbis I]ted of Trust.
<br />Tf the amount of the FandshGtd byLetr~det, togesher:wtth thefuture monthlyinscallments of Funds payable prior to
<br />the due-dates at taxes. assessments, insurance premiums and ground rents. shal(exceedthe amount required to pay said
<br />taxes. t~sscssments, insurance prem'sunss and ground'renis as they. fal! due; such excess shall he, at Borrower's option,
<br />either pmmptfy repaid [a Borrower or craliY~ to Borrower on monthly installments, of Funds. Tf [he amount of [he
<br />Funds'heid by Lender shaE! nor txsufficiem to paytaxes.assessments, insurance premiums and gmund rents as they fall
<br />due. Borrower shalt pay to Lender arty amount necessary to make up deficiency in one or more pa}~rtents as Lender
<br />may requite_
<br />liporr payment in full of all sums sauted Tay this Deed of Trust. [.ender shall promptly' refund to Borrower any
<br />Rends held by Lender: if under paragraph 17 hereof the:Property is soW or the Pmpem' is otherwise acquired by
<br />Lender. Lender shall apply, no toter than irnmed'utely prior to the sale ofthe Propem• to its acquisition by lendee, any
<br />Fiords field by Lender at-the time of application as a credit against the sums secured bgzhis Deed of'T'rust.
<br />3. Apiieatian of P:lsaad.-tierces applicable law provides otheracise. alt payments received by [.ender under
<br />rho Neu and paragraphs f and 2 hereof shall be applied by Lender first in pamtenr of amounts payable to L: nder br
<br />Borrower under paragraph 2hereaf, then to interest payable on the Mate, and then. to the principal ofthe. Vote.
<br />i. pti~'M~et~s a~A Dreai of Test; ~i Lieaa. Borrower. shalt perform all of Borrowers obligations
<br />under any mortgage, decd of trust or other. securityag[tement with a lien which has prionty over this Deed of Trust.
<br />including Borrower`s cos°enartu to mate payments wirer sue. Borrower. shall pay. or carat to be paid all taxes.
<br />sssessments and other charges, Ernes and impositions attributable to the:Propetry which may attain a priotirv over this
<br />Dead of Trust; and leasehold payments or grotmd rents tf any.
<br />5. Haani lnnerea. Borrower shall teep the improvements now-exisung or hereafter ertxted on the Property
<br />insut+ed agaimt ltrss by't~re. hoards includod within the term ''extended crn<•~age", and such other hazards as Lender
<br />may tegttire and in sachamounts and fur such periods as Lender may require
<br />The tttsucaaet carrier providing the insurance shall be cftoseo by Borrower subject to approval by Lender: ,~mvided.
<br />:.hat such approval shall not L~e.uaseasonabfy withheld: Atl insurance polities and renewals thet•rof shall'be in a form
<br />acceptable to [ender and shall include a standard tnortgage clause in t'avor of and in a form acceptabli~ ~~~ Lendes.
<br />l.endcr shall havethe right toltoid the policies and renewals thereof, subtectto the terms of anymangage,.: aced of~[rust
<br />x ether saurity agreement with a flee which has pnonty aver this T)ecd of Trust.
<br />In the cveot of loss. Bocrctinershall givo prompt ntxrcc to she insurance samtr and Lender'. lender may. make proof"
<br />ut`tnss if notmadt promptly fay Borrower,
<br />[F the Pmpetn is abandoned by Borrower. urif Borrower Fails to respond r<> Linder within 30 days :from the date
<br />trotitr is mailed by' [.ender to Harrower that the tnsnraacc carrier aifc~ rn setn. a claim for insurance benefits. Lender is
<br />aurhotized to collect aiia apply tfie insurance proceeds at Lznd!° ' option etthec to reuvration nr repair of the
<br />PropcrtY u< IG the 5umxsecured:laY thrs L)Cetf of Trust,
<br />6. PrwwrvatiM aid Mai~twror: of Pr~ert7; l.erebolds: Gon6omniurmt Plrnned Unit Dereiopments. Bar
<br />rower shall keep tht Property tngood repair ratidshall not commit csastc or T?ermirimpa,rmcnrCrr deterbr r xt of the
<br />Prapern• and shah camp#y with the: prvvtsions of an}• tease tF this.Deed cif' Trust lean s ~~ •s,rtiotd. if this Dceo :~( is us~t is
<br />ma un:r in g condornini~umor a planned'anitdevelopmcnY:Bnvtrrwer shhil pcriprm a?3 of B~ocrower's •;+aligacuns under
<br />thedeclaraticm or covenants creating or ,}fovcrntng:ttte condominwm:r p!.nnrJ u*i.[ ~;e~eTgpment. the h~;-laws aril
<br />regulanans of tree amdominiumorptanneduntt development. and c:rr.srwent ~Scxumer.ts
<br />7. PfMretiN of l.e~"aS~c~rity. Yf $pRUw~ifarls to peri`u"m 'he ~ tenets ::-i i 'sSrrerr ant ., t2.ued :n this
<br />Dead of Trust. or if any action ar E1tin'ecding iz commenced wh,rh ^t~;crta.E Ise: i, rider's ~^1 r~ ~, .., rye Prn{xrty.
<br />then i.emter, at Lenders o}xion. upon notice to Bbrrowet. may: make suet', appear n.es, ,ifs',^urse ouch earns, indudine
<br />reasunabieattorners' fees. andtaicesuch`actianuisneccssars m rr-. :.a l,.end r . n!ei , . if i.zrderrei:u.~d mor.c;agr_
<br />insurance a5 a cvndttntn of mating the coat; secured byihts Decd of fl'aet. Bcmrwcr r;i:arl - • [hc pr-.R iunu r=gi.nced to
<br />rnamtatn such insurwce Sri eftcri un[etsue~h stmt as th2requireme^*. !er such .n<urance [enema[ s m accnran-«- ~-v~ah
<br />Bonowtr s and larder's wrote agrcententorapplicable iar+.
<br />Any amounts dubursed by larder pursuanttothis parag:aDn '. with iatrres: ?wresm.a. the irt~[a :atF~. ,h. all
<br />become additianaf indebtedness of &¢s'arver secured by ihrs T?ee~~ of Tru,: ~~'n,es; L'orrnwcr and Lori er agree to
<br />caber trnns of pavmen[, such aentrunushati 'oe pa~-abir upon no[ice 1-„rr Lender r,, P ~r-..rner req..rsti,ig ~ -.°inent
<br />therec;f. Nothing ca~ntained it the pisragraoh 'sham requcre Lender to i5tcnr am e:alr_nsc nr ;ake an ' ot!on hereunder.
<br />8. LwwYLr. Gender inns mate or cause to be made rcasortahle =~ntri~-s u~~n asadit2speciians of one tYroperty: '
<br />pruv!<fed that Lender shall ~n•~e Borr~er nonce prnx to any such :nspecr,en spcct(~:ng r.;rtscttzabi~:.[au••a ~heretor.
<br />related to ixrtder's rntcrest in the T'rooerty.
<br />9. ~o~de~satMa. Tbc t'rocceds of any ah~r? ar:,ain' ice damages_ ~,rect or consequ~tral. iifc~:nr.xiSnia aith%
<br />any ecndtmnanon Gr other taking ~f 'he Propert}~. cir pan ~hrr ~f. r~r Oar _:>n,-evan~~ m;lieu oi'Canderr ritiC+s~. are-.,
<br />hereby assigftad nett snn;l ~. paid to Lender. a'~Tcct !o ~t e terms ,u env rtor_gagc, deed of tru5i ar otherst^runy ;,at~~•'
<br />;?vent ~,rh a liar, whfctt hu prionc~ro:ci t'ris (kttt cf`)•nist.
<br />lA. Bwrr~.rer ;`krt ltekared; Forbearance Br Lrnder fiat a '~Vdrer_ Frtension of tha time t.~r[ .meat ,~r
<br />aaod3ti-r.-tav,'~ t=(ar+toritzato+~o of tha Fume +cEUrejoy ;nrs IKtid u: uu. .ran c.: bYi;.~ndrr tcyrlny su4 ca.: n .a ~r.•~; c+t
<br />33crrzowcr c4aii n±~t c?prratc to reieax, ~n anti m&i:ner. tits L~~~ _ titz .xtt:;a.,; F3orrowcr ansi But~:ctv.s: -, uve~sor. to
<br />intasxa. ixr,:;tr shall not t+e [cyulrecf tct ~mmen,ti T~ruceec'Ings ag.i;nst seta.^. c°acCr?aar tx refuse to extend link to; ita^:
<br />me;eE aarc:u~cr>iisa nsxiiio~ smror;ica nn eft -hr saran sc.urr : by ,pus s .. _,. ,,t - s;[ ~~ rrason+af~n} dcmiand -::ado ~ • ,hc
<br />engastai k3aaGrs~ acrd BiYrTbwcre u„e+-c,r7 r .~:c> >. n. isr ar,cn~. +.~ .__cacr sn exercising un} nit. rte r:_are'ciy_
<br />:~,~r,a.=unr_-•>c ~ther,d~se ~~+~'~r~cci t,~: ap~r,,c>e:> v ,aw. ,~a ' . „ ~ r- .., rea:.;ufie a)}e cxrrcise <,i iattr"..kt r-hFst of
<br />I. t~ _wcsc~+a< ens[ .Axaiyt~ bound; laity ±urA Se+eral l.faixiilir. C,=-K[ko~rrs. 1'hc ~ _~. ~ , ~:-~^tn
<br />~er~,,. ~,n,ai:~: ,'tin! in s.~.. ah ~;> - ....cur-c., ar._., [.- _,_ ..-... .. , :e.. . ~ r .,rid
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