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<br />ifBorro+a-er pays Funds-to Lender. 2he.Fundsshalibeheldin atainstitutionthe deposits or accountsof which are
<br />ensured or ~*uarant~ed by a Federal or state agency lindetding Lender if Lender is such an iitsti#utionl: Lender shalt apply
<br />the Funds to pay said taxes, acussments. +nsucance premiums and grci~und rents: Lender may nut charge for sa holding
<br />and app!sing the Funds. anal~ning said account or verifving:and compiling said assessmehts and.blls. unless Lender
<br />pevs Borrower interest on the Funds and applicable law permits I„ender to make such acharge.: Borrower and Lender
<br />may agree in writing at the rime of exxution of this lked of Trust thatinterest on the Funds ,hail be paid ro Borrower,
<br />and unkss such agreement is made or applicable lave requires such interest to be paid. Lender shall not 6r required
<br />to pap Borrower any interest or earnirtgs an the Fonds. Lender shall..give to Borrower: "without charge, an annum
<br />accounting of the Futsds showing credits and debiu to the Futtds and the purpgse for which each debit to the Funds was
<br />made. The Funds arc pledged as additional security for the sittns secured by chi&,Decd of Trust.
<br />if the amount of the Futdsheld by Lcndcr. together with the future monthly insta{Iments of Funds payable prior to
<br />the due dates of rues, assessments: insurance premiums and ground tents, shall exceed the amcurr requited to pay said
<br />taxes, asxssments, insurance premiums and ground rents'as they fall due, such'exce~ss shall be. at Borrowr_r's oorion.
<br />either promptly repaid to Barras.er or credited to Borrower on monthly installments of Funds. If the amount of the
<br />Funds held by Lendersbali n~ txsu~cicnt ro pay toes. assessments, i~nsuraneCpremiums and greond rents as they fall
<br />due. Borrower shall pay to[..endu aayamount necessary tomake upthe deficiency ih. one or m;:re payments as Lender
<br />may require.
<br />Upon payment in full of all sums scented 6y this Deed of Trust: tender shall ptosnptly refund to Borrower any
<br />Funds hdd by Itttder. if wtd~x paragraph 17 hereof Lhe Ptt)peRy is sold or the i'topertrn' +s otherwix acquired by
<br />Under. Lender shall apply, no taterthan immediately prior to flu sale of the Property grits acquisition by Lender, any
<br />Funds told by Lender at the time of appfieati~su a credit agatast the sums secured by this Deed of Trust.
<br />3. AA1kadM o/ Pam. Tlttlas applicable taw provides rotheruise, a!l paytents received by Lender under
<br />the Non and paragraphs ! and Z hereof shall be applied by Lender 2itst in payment of amounts oavahle to Lender by
<br />Btxro~er under paragraph 2heteof:: then to "tnteiest paaablr onthtNotc, and then to the principal of the ~Yote.
<br />A. Rohe MMtNi: ari' Deis o[ Ttst3 ~; IJnas. Borrower shall perform' a1S of Boanwer's obligations
<br />ttndK atry aetrtRage, deed of trust or other severity agreement with a Lien which has priority aver this Deed of Trust.
<br />iiicliding 8ortorer`s covenants to make pa7tnetits when din: Borrower shall pay ctr cause to he paid all taxes.
<br />assrssmeeu and abet charges. floes aid impatitions attritnitable to the Property which may attain a pncxity over this
<br />>Jee~d of Trtut. and leasehdd payments ~ grauad rrnu. if say.
<br />S. Aeao~ Iaaarea. Hortotrer-shall keep cht imptovemems now existing or hrreatttt zrec:ed on the Pmprrty
<br />insured against Toss by'ite, hazards ittellnded within the tet~tt "mended coverage". and such other hazards as Lender
<br />may require arui in such amouou and fex such periods as icndermar• require.
<br />The irtsuraett carrier providingYhc nsuraottshaU be chosen by Borrower subject to approval by Lcndcr: prevtdcd.
<br />thu such approral shad not be uercasonabl;° vrithheid. Alt irtsvrancc poiicccs and renewals thereof shall he in a tonn
<br />acceptable to Itrtder and shall iaetudc a standard mort(tage ,.iause it; favor of and in a forsr acceptable r~, t.rnder.
<br />Lender shall have the right to ho16 the pdicies and rcntssais therml: ;uhtect to the terms ut: any mongaRe. deed of trust
<br />cx abet security astreemrnt r•rrfia lien which has prioritycwer thts L)ccd of Trust.
<br />tit the ertet of loss, Bottorcr shall giro prompt nattcc to the insurance tamer and fxndtt. Lcndcr may make prtwE
<br />of foss if na made promptly by Bomr.rr.
<br />!f the Property is abandoineC ?rr &xrosrer, nr if Borrawtr fads to respond 20 Leader withtn :>{? days 1,em the date
<br />mitt is mailed by Letsdet to Btxmrer:hat ;he insurancrcarrcrolferz ro settle a t'saim fnr insurance brnettts, Lender is
<br />authorized to ~roliert and apply the tnsurantt proceedsiu itader~s upuan`either tu'restorauon or repair of the
<br />Ptnperty rx to the sums secured by this heed of Trust-
<br />6. PtwrwtM~ oral Ma1N~ns of ~r1t LaeaaYdi: Cr»d~wiei~sa: Plitened Unit De.elc.gneeu. Bor-
<br />mwershall keep the Property in gexyd repair and shall not cvmm+t .+asic ~~: ixnnu +mpaument nc de[i ncranon of the
<br />Property and shalE trompiy with the grovistons of any Icace d this Iked ;~+f Trust is on a ]casrh~iC- f f the llced of 7rus[ is
<br />on a unit in acordominium ix a planned unn d._.ciapminr. Brxrc.wer ,hall perform all of Borrower', obfigaticm under
<br />flee declara[iwt of cotenants cmting or grwerntnx the rvr~dtmmium or oianned unit drvrinpmrnt, the tn~-laws and
<br />rcgulatioru of the condominium or planned unn dcvNntmtent. and ~onstttucnt dcKUmer.+s.
<br />7_ kawraviw d Iw~r's Sraefrftl. ii f3otrmrtt fails to perform the co.~rnant; and aRrrernrnts contained in [iris
<br />Dead of Tnut. or iCany action or pr-.eeeding is comuxnccd wM+ch maternlly ailecis Lcnd¢r~y interest in the Pro~m•-
<br />then C.eedeY. u Leeder•s optwe. upoe notice w Borrcwer, ma} make such appearances- ~iisbur~e such sums. including
<br />reaweabie altorners' fees, aed cafe such ac~xm as is nmssary ro protect L,_nder's inures:, if Lender regt}iced mortRagc
<br />iasucana u a casditioe of caking the loan secured Sv this Decd of TCUSC. Borrvx~er shall pay the premiums require;i to
<br />muatauisuch irssuraesk ie etferK unto such rime as the rryuircmertt for such insurance terminatzs :n act.ordancr with
<br />Burraw,er~s auC Lersder's written agreement or applicabk ia...
<br />Asy amvuxits dab~ned by l.erwter pnrs~unt to thn paragraph '. wah :merest th±rmn- at the ti<,te t1te, shell
<br />Lecogse additional indebtadness of Borrower secured by :his Deed nt trust. t':nirss Bon-overt and Lender :~~ree to
<br />other [tress of payment, such atnutrnts shall !'e pasabie uFn:~n noru-e from Lender u, Borrower request+ng p yment
<br />thcrevf. Nothing croetained in this puagtaph chaff require Lender [n+ncur any?apensc=or take any acnon hereunder.
<br />>t. la~efh. feeder racy make or nose to br mach reasonable entries upon and inspections of the Property.
<br />prorKled that Lender s6al! give Borr*.>.er notice prior to any such inspecnon slxctl:^int{ reasonabk cause therrlor
<br />reined tv ltrsJer"s ~MCrrst in the Property.
<br />9, f,~ir. The proceeds of any award of claim fen damages. freest er cunscquennal. cn cunnec:+nn •aittl
<br />ant .ondemnaYiort or ahtr takwg of tree Prvpeny~ or part rF+erecst. Lx for convecance in lu~.t of ,:rndemnstto^. are
<br />beech.- assignal a~ shah be paid ".n Lender, cuhioc: to tfse 4erns of an} mongnge. c!rer? ;~4 trust ur other ;ec~antc au.*ee-
<br />ment with a lxn wh~h has pr;.)rity ewer this fked of i rtes-i-
<br />L0. 9a[taw[ ;Oat Ralrra~: Patbrarace lid header y« a Wainer. Estcsa:en of :,.r, ::roc }nr payinrrt ,,.
<br />modil"xatton;tif unuriraticm ct t'u sums xtuted by ;his Deed .f Trustgra,*ned sv Leader is r sus-ecsor in rarcrrst of
<br />Etottnr+cr .hail :roc ,>perasc 6o redcasc. ;n any manner tit riab+S+[} ~Yi the nginai iiaxtt,wer su i3crrr,wrr s wc~c can ire
<br />na2cicgt- l..ersder shall nat'c>.e rrquirexi ;~; c*timmeax~ p cccs..<iintyc .,+xaa.ast vu<t; suc~.swr or rrtusr ¢:> escen;# rims i x c.ey~
<br />:pen: ni c~1h~~-t'rast nwdtfv amurti.tattart ~>f the sttras :ecurevl hs thu 'Jecd nt beast hs rcaa.:r. ~:.: any .;rmunci msde t~,. vhe
<br />'==~ryi Botrtsw>~r ancf ;3otTt~e!r~s .a = _w .< •n ;cc_ e•+ tr;, :~t-{,rara't:c n~ # ~;a,c!-r u~ .r r;: r.issr+y; er. •v'r.:~, -cn:ed
<br />'fertsnadcr, x r;thCrwds,! aftus.ttL ht :~:p!!s:a(*tc ?aa~ .liasl sri »e e waiver ~s ,:; rr.:~i tde thf: c rr• :'.r ~, i .t(tv .a~ h rrcnt ~rr
<br />t•t:rrrtle.
<br />!3. Ssca~rass ~s..d. .Qahi~ S~wnd; Soixtr cad ;x+teal Lirbtfk±: Cv-.aRngra ~~._ .... ..- ~~.=..e•,
<br />h.rse+°. c~:xaa;.~rd ~'+h~3t dux;. an ~hc ::g,vs Act+,u-aw ~ . t:a,: ,^.ura , htr ,;~;._. - ~,....... ~.~ ~.. n_.. .,rid
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<br />83urn,v.cs un-rra rnac, r u+s..:.+ has ~ _ }, - . r-c •~rr<n .... - i .yin,':
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