|
<br />if 6im<uwrr pa3s Funds io Lender. the Funds shalt be held in an institution, the deposits or acenunts of which are
<br />insured z:r l;uarantred'cs• a Federal isr state agency iincluding Linder if Lender is such an institutiunl. Lender shall apply
<br />the Funds to pa}• said tags, assessmr~nts. insurance gremiums and gnsund rents. Lender may not charge for so holding
<br />^~',+ and applping the Fitnds. analyzing said account ar veriting and. compiling said assessments and bills. unless Lender
<br />~ pat^s &>rrower inserrst ctn the Funds and applirablr law permits Lender tci make such a charge. I3orruwer and Lender
<br />:^ may agree in wrs`t~mgat the time of execution of this Deed 02 Trust that interest oa the funds steall be paid to Borma'ei,
<br />and unless such agrt~rtenr is made c+r apphcabie taw requires such interest ro be paid, Lender shall n<>t be required
<br />-~ to pay Borrower any inirrest i?r earnings on the Funds. Linder shall give to 73orn>wer, without charge, an annual
<br />acrntanring of the funds showing credits and. debits to the Funds and the purpose for which eachdebit to the Funds was
<br />rnade. T'lte funds are pledged as additotaal security' for the sums secured by this.Ihec# of Trust.
<br />!f i?aearnwnt of'the toads held by Lender, tngether with the f?truce rtonthlv't!tstailmcnts of Funttspayable prior tq
<br />the duedates o#'taxes. assrssments< insurance grrmiums and gnaund rents. shall exered the amount requited to pay said
<br />taxes, assessments, insurance prersiums and cmavnd rents as the}' ttU due, such e.ccess shall be, at Scerrnwer's aptian.
<br />either promptte repaid to $arrovver or :rrditec! to 8e~xvwer on n;onzhly instaSlment< <~f Funds_ if tt;e amcinnt of ttae
<br />funds hr#d by [.endershall not bs cuffi-: tent to pay taxis. assessments. insurance arcmiums and ground rents as they tai!
<br />dui. E3orroaer shad pay ttr Lender am arnnunt n~essar: to make un the dcticicncy in one or mixe gavmeots as Lender
<br />;nay require.
<br />i;'pon pavntent in tug! z~f ail sums seccared bs this. L?etrt# .rf Trust. Linder sh:~#LpromptYg refund to Berrowerany
<br />Funds held &c Lander.. i#' undx paragraph #? hertxv! the Pro~rt}' is szvld ur the E'roperty is otherwise acquired. bq
<br />Lender.. Lender shall app#u, no later zhan i:nmediatelp pricer ro the sa3c e€the Froperty ur its acquisition hs Linder. am•
<br />funds held by Ixndtr as the *_itne z}i agp!tcatron ati a crc~iit aL;sinst the s.urs ~eeured by this Dezd of i rust.
<br />:3_ ,~pp{ication of Padmeats. !.'mess appiiv bin law provides otttersvise. alt poi<ments receiv^rd by Lrndar under
<br />the Norte arid paragraphs 'r and 2 3semof shelf he apglted ts± I~nder tint in papntenz of amounts payable to Lender by
<br />&srrenerr under paragraph ~ hcmaf, then ttia interest pavabie on ztre `viote. and .hen to the principal .tf the Note,
<br />;~. Friar btar[ga;es and Decdr of 7"rmal; Char)fat; C}cm. 73zrtrcaaer shalt prrtorm asl of 8cmnvirr's ob3~i~attonc
<br />under am rtor;~raR+r, drew c~€ : ust ter ,xtter saur.r.:r,trrertaent with a iirn w#aic#3 has nrie?rity vvrr this Iked of Trust.
<br />insiuniin¢ i3arrrrower's c,rvgnaats to make ;~.rzmrnts a'h;:n flue. B+7rrower shall pa} Ur cause m br'paid al'r taxes.
<br />assessments and trthrtr thar;tes;, ::roes and tnrix,,~t~~ ant attributaialr t<a the YESaprrts w'l:irh m;ty attain. a:praoriiv tn'er this
<br />17t~cc! ut'£rust. and bcaschaid gat~rtenty r'u ground rents, tfanti•.
<br />5. Hazard Insarasnr. ~omr+wrr shall keep the impnxvcnaents n~~,.' - .rnz ur hersa#trr erected on the}sropertp
<br />insu:cd against }.r.s L+y t"tre, hsaaseD, r:ar#a:ied uathsn r`tr tcr.^ ";~rt>•reded ; t; alit ;end such ,ethic hszards as C.rndrr
<br />m:ty requete antt in such amtrnnts and #~ar +urh prrizati+ as Condor mace requtrc.
<br />Cho saisurancr camcr prrs.adrn#t thetnsarancr shall 2?r c#soscn by Biwa,vwcr suh~eet tea :ipptttvst3 bs i.i nder; provtded,
<br />!#tat«uch apprsrval sha.'t not tvr unre~sF+raalaas ,sithhci<t ~I; insurance tw~,~trs axKi rrnrua3s thrrrtaf sh;ett he in a tarnt
<br />accrlttabEc t:r leradcr and vhxDE snc3udr ., >tarn3ard m~•ccagr ciauscin :z°.,,r ,~f and in ra fi±rna acce'ptat3lr t<a Lender,
<br />ixert3cr shack here the r,rsl ., ,t,+hi rhr ltr.i~~ .. acrd °+'nrM s~ r `hrrc~>t` .~•rhnet to tnr trtmv r+i any tazartgagr, diced of trust
<br />rns+zhrr st~~lriaytaK~r-ttncnt ~,•b n ~n ,...* hav;,rr.r , ~: tf,v 41rY1 ~,t l•'•xiL
<br />Int~cr.nt ., ,-.. R~~rrorr: •hai:,.~~:~,,,,:~pt~ ~...~-:'x,,~wraner,arr<eratstdt.ettdcr.i,,:ndertnaent.t~cgra>i
<br />of !ss tt n<k ntuf ;~ hr+nnt, t ~ f:~,trz5+tr:
<br />1# the fn+perip -, a#•~n.Ivnrct by €s,~rr,ra~r, zx if t3vmcT,acr t,it> r,~ rr,ptacrod zvxLcttdcr wither. 3i7 d~r'+ #rtrm thd+.iate
<br />ru.,uw~etr tnai[ce! ha l.rn,3sa , , El+.><rc~er'`~..a the insurant>r,ean:ct ~t'rr. iv vettir aelatnt tar imurarrac hrnctit>. I;kndrr is
<br />autitvari.tcci t.a s,Ui6ert and appiu tSsc !nsurancc prahceKdz nt Lrn.lcr"r elite<~n rrthrr ~., ,~:,r„rn!~.rn ~a repair ,Irt ttn
<br />i'sxapt;rr+r tx to the sums visored hs t?zev t?rr•t ,.• ~'-tort
<br />ta. Preaersariae aad 'Naiaieaaatie of Prapertf, i~+e~idsz Caodomiaiams; Plaaaed Ir'n1t Derciopsaents. i3or-
<br />zuwrr Kha,($ keep tt^re Prcrprrtr its g•x>`t rrp~ar ,n ~ , .~f. „ ,t .~,rnm;t'~..~te ~ r Dxtnsit irnp,irr+,enr ,r d~'rrn„r:+tiare •.,t the
<br />6'tt?prvt~w ana:: a#sall swacsapis wtth the pn.,~ •.~.,n >, ir,. ;c nr .i +•tii•- L.1lCd „[ i ruv. es ~~s . feaerfi;,+id. t# tfue f )rod qt 1 rust t5
<br />qan a iAAil En a x't`+niliHTtiAtWm. Ur ~1.pian»z~; ire, 3~"-~.~pr~ r.' }i >:.~,.. er ,1,a71 ~n~rh rim all ~d }itlrn,we. w91;±i, ~±a Urfnti under
<br />t#M ilztiiJta6ttaltt ~r c57fCnanN y"rt~a!irtq ,.r e<.•.:;~rhq :i,r ~,a,f ~,~n~rnum ~ ~d•,nnrr; t n,l .leut'i<~ytitCl,l• the h;.ja•.z~ :tnd
<br />reguiatl+uns~t32YCTUnti,~t711niU!tl a!C j rdntlC.t,'1 der..I,ot,[Y'<il: eR1!.-•ityl.'.~if( ~ittibfrtyln"~~
<br />7. Ptwactioa oC l.eadcr'+ Srerrin. !` ti,~rr.•k, r ~ . , uao ern; ;nr +rr,~nt. ,,rsd :agreements cvnatatnrd ics stets
<br />t`)eed x,i 1`rust, .r ; a'~ ,~,. _ In.<c~iwy ..:n,.,,, . ., ~,• , ,e,er,.z„, our... i.erx3e~i's ;ntcrrst is: thcpral>ra•ty.
<br />t#tien Lrnetcr..zt trndrr ,,i:~:rs..aa,:n :.<us~- t, t3.,tr.~~.cr_ _.„, , .,.. .u.L .;,lY:,,,,,,~.-,,disburse+uch suttrs; inalti<iing
<br />r'ea54trtAi'•ir ar[, ~tnr~> }rt- ~•r..; talc: tiY.,~ s.. ,,ra ..•.~ n. :,,.trv '+ t, r. ~t re t :,z•rnler ~ ~r.[r re.i;. iflander t@{MU1rGT~ tnUrt,QagC .
<br />insuran~ c as a evn,9m,.n ~~t tnrastvg the i. •a,n securrl3 by thts 03crai .,, # rv>:. 3ru-„'.ter sh nh pad tftcpremiums requited to
<br />maintaaa such 'tnsu: nn.tsn NTtc'z natal au.h tsmre aszhe r~urcmcnt t,nssch msuraa.e tz;rrcunateadnaccordancr witlf
<br />Hcarnawer's and Ltrnler s w carton ayReerrttnx <zr app#rcab8t IaX
<br />Anv amounts .:t,hurxd by L,e>Mies pursrunt race this ,pata~aplt ', wx#h a:>,terestthcreust. at theNotcrate, shaSi
<br />htc-c»nraddaii:.onai :raCebsodaess otf3iarruv.crsecurrd i+y ..hisLseres ,.,#~.Trust. L`niess E3rerrrawerand IxndrrrKreetza
<br />ot3tet limo ai pasrnent, xueh amuurts shah he payabir. upiars rssMtee fr<xta Lender :.~ i3z:mtiwer requesting pay:metrt
<br />ttaemai'. Nxxhing ccmtaaaeci is tisu parar~rsph " sitatl requF^e Lrrxfer t..a anc°ur ana expense ur cake any actaras, hrn:undcr.
<br />t§. laspeesiea.,i.,ctsdcr tnay make .rr caux tr+ b- m+dr reasanablr rntracs s:pon anal ansprc~tums +ri t#se l'rzaprrty,
<br />prz7+xicd tltai i.rsti-icr sltat3 xtv~c i3errrwv.cr rn>Star~c s:,n.sr r« env >u~:ls inspe.:zsrxn. aE c^c.s3vin~g rrasonatrEe cause thrrcDirr
<br />rotated sa xnder's interest. an 'sc i'rv>perty.
<br />~, Gsrn3crosation. T}!e prixeeds of any. awar;i :x .'yam €rn dam.ges. direct or :~,nsequcntsai, in czsrrncx:tion with
<br />env eua.Se~nstta+m:ar other takint{ ~C the. 3'rtzFarr.,, ,~axt'',erec,t: zq f r ;x,nvrwance in lieu o2c<=ndenstsatiutr. are.
<br />?trreliv assigrrce# and sJsali ~ pazd ta, ixrxScr sui+r_c'= ., ' -.c ter-t:s of ant mnnrsg~, t;c~ed of crust z~* ntltrrsa:rurite u{tree-
<br />ntent •A it!R a ii-n vrhuht has pn+~ritp z'+ter this l:ke5i c,r 7'u.>;..
<br />1i1. ~an.,wcr 4st fteiascd f'ioaUettaarr Bs Larreder Nat a ltidver. i:xtess5ivn cr± #hm limo iirr gaunt s;nt :rr
<br />Rs,H .f!c •,n,; , t 3:aa~!ieatnan ;°t€ t`tsc +ums sccvrcxl ?=m <°tis ih~d cf T'rest granttx9 by L.ecrSes c~ any saes cssv>r ,n i:atcrrst z:rt'
<br />~trr..,rr ,! s: r~ • cx;~•~ratr to ret¢ass, rat any mtutnrr. i'te iiabsiit} cYt thevrrsy;t,~sxa! F3c;rrcrwex ~anz# $<trr:,aver`4 ..era,arr. in
<br />s.rer.,. iea.tr .,.;.i. n:=- bt ua*c+,3 t+~.-. msrsert:e r:.reect~in a ancr su,h s.x~ecc-+~sr+ ¢a ,
<br />r~ p ~ S r r r ;as_ ,e ~..xtrna :,ate n~.r ,,;;~~
<br />.,-,', r ,~k.:r - ~~:~tl~e xntt;nata:asn. ~; -isr tiaanss srrurre3 by this :)cezi.. za# f:trit l=Y era; -.r:. r. .n:v~ ..., -„_ .,,,.
<br />r,a ~.a_ N,,x:,w,x a!si iszsrrc`nv°er's ;.cc~:r~.~r . nirrea an: Ftnt~~,.rarac~ svv l.t-sxiar m c=:,: ~• ., r _~ ~.. _
<br />'+•:r, r,.,.-r `c:-u:~.e a#'f~u'altt:. ! , , ~.;blc Ian. isail asa3 t+z ~ ,. re±ser ,at v r ntc'tu . ... .. ~ . _' ~
<br />-,- :uc:.rz...urr and :1saT2rya ESa~ced; finial and 5er~trxi LlaftStF; C'o-xrksvcrs. .. -- ... -
<br />- ~ ~.i. , _ U .,.-- te,:. itt. ', 4; - ".C'i'i"U i=-. , .10. ~_,. ?#" 1'v'4;M~.~"S: _ _. _ _ ..
<br />'r~i. ._< ..-, E3-~-.- ... rte . _st ~. , _.. ~.,.~, .. - ~ ~,
<br />
|