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<br />. ; ff Sormwrr ps>s Fuctds to Lender, the Ponds shall brhetd in an institution the deposits or accounts of which are
<br />irisurcd oc l;uarartcrd by a Federal or state agencytincfuding Lender if Lender is-surh an institution Y: Lender shat! apply:
<br />!fie Ponds to pay said razes. assessmcnti, insurance premiums and ground Tents. Lender may nofcharge far sohalding -
<br />_ abd'spplc•ir.k :he Funds, a~alczing said account or verifying and compiling said assessments and bids, unless Lender
<br />e~avs Bocrou~er interest on the Funds andapphcabtc ?aw permits Lender to make such a charge. Borrower anti--Lender
<br />:nay agree in writing at the cunt of esertttion oC this Deed of Tcua± [hat interest on the Funds3haF[ be paid to Borrower.
<br />and unless such agreement is made or applicable law requires such interest to'be paid. Lender si:alt not berequired
<br />to pav Borrower any interest ar eunings on the Funds- :xnder shat! give to Boriowet, without charge, an,annual
<br />accounting cf the Furtds showt_ng credits'and debits to'the Funds and the purposE for which each-debit to the Funds vas
<br />made. I'he Funds are pledged. as additional security for the sutras scouted bt thus lketl of Trust.
<br />If tftc amount of the Futtds held bp;L.ertder, together with thrtiumrr montftly installments of :Funds payable prix to
<br />the due dates aF~azes. asscssrnents; iassurance pi-etnituas and ground-rents, shall~ezceed the amount requirt~d to pay said
<br />taxes, assessments, insurance premiums and ground rents as they fallduc, such excess shall be. ar Borrower's option,
<br />rather prampdy repaid to Borroa^e:• or credited to Borrower on monthly installments of Funds. If the' amount of the
<br />Funds held by Lender shalt not lx sufficient to pay.taxes. assessments; insurance premiums and ground rents as they `ail
<br />due. Borrower shall pay to Lender any amount necessary to make up'ihe deficiency in oneor more payments as Lc ndcr
<br />may rcquirc.
<br />l;pon payment to foil of all sums seruttd hg this !)ecd of Trust. Cootie! shalt promptly refund to Borrower any
<br />- Funds held by Lctider. If tuisier paragraph t7 hereof the Propene is said or the Property is ottterwrise acquired by
<br />Lender, Lender shall apply; no later than immediately prior zn the sail of the Prapcrty or=iu arqutsttion by Lender. any
<br />Funds held by Lender u the rime of application u a credit against thesums secured by thu:Deed of Trust
<br />3. AAiia~tba o[ Patt~ws. `Unless applicable law providts otherwise, ati payments received by Leader under
<br />the ;vtrte and psragnphs 1 and 2 hereof shat! 4Zr applied by Lender first in pa}ittent nf' amaunu payabte to' Lender by
<br />Borrower under paragraph z hereof, rhea to interest payable on the ;rote, and !tern to the principal afthe Note.
<br />3, hlae tilwt~ a~i Drei at Test; Cheeps! I3etaa_ Borrower shat! preform all of Borrower's obligations
<br />under any inorrgage. decd of !east cx other security agreement with a lien which haz priortn~ over this geed of Trust.
<br />tacfttdiag Borro+.er's cai+enants to'make gaytnents when,due. $aerower shall ply' or cause to be paid all taxes.
<br />assesstncets std otfiet charge.!., fines anti impositions attrihuubie to the Prcaperry which may attain a priority over this
<br />' E?eed tit Tntst. and leasehold paymentsor ground reau. if any.
<br />5. Haeas/ La~a~t. Botroser shall !coop the impeasxments now existing or heseaCter erects! on the Pmpem•
<br />insured against lass by fire.. haurds inducted wirhm the term "extended rosrrage", attd such other hazards as Lender
<br />may tequrre sad in such aaaoants and for such periodx as Lender may:^equize.
<br />'Ilse iasurancrearrrer ptasiding the insurance shall be chosen by Borrower subject to approval by Lander; provided.
<br />that such approrai shaF1 ~t he uareasoaalsly withheld. Alt insurance. policias and rencwats tiiereuf shall be in afnrm
<br />_ acceptable to !<nder and shall iacinda a standard mortgage ctsusr is favor of and m a ftxm acc~rntablo to lxnder.
<br />Leader shall base the right to hold thrpoiicies and reaewa35 tlierecaf. sublet! to the terms of arse mortgage. deed of trust
<br />or other set:arity agrestneet .ith a lien which has prtorityaver ibis Lkcri uCTrust,
<br />4n-the escnt of #oas, Botmwerzlintl gist lirneiiyt notice to the +nsuranc~ rattier end l,rndcr.:.et±c7er m:ip .:!ake pr~~£
<br />' oflossiCriotmade'prarnptlybyBott+rrver.
<br />If the Ptupaty is abtwdaaed by8orrrnver,os if Btxtower fatly to reslN?nd n, render wahm ?.Bdavs ftomthe date
<br />notterss maiiod bs I.cader ta.8otrprrsc thatiftc nsurancrcamet arim tz+ srtt;e sr ~ ~atm r~,r in+u; ar.~~ brnrtits, lzndet is
<br />authtxiied to coitttK sod apply the ittsuratitt proeeetfs;ai Lemdcr's crpinm tether ~, .r,ti+ratt,m or repair of the
<br />- Property a ro chc sums .tctired by !tees Deed of Trust
<br />6. h~nYM and 341alottt~tEtt s Ye~rt>{ LNreirHY: C.oadua-liiir~: Planned l nit Aerelupmea4. Bor-
<br />rrnver shall keep the Prtrpetty in t{aod rrpatr and shall nest cuinmtt waste .~r }xrrnit ~mt,ai~ni<rt ,r !~terivratiun of the
<br />Propem• and shall comply with ha prirvisioos of any lease i£ rtes Ckcd of i-rust is ~+n a Iraseitold. I! th+_t Deed „t 7"rust iti
<br />~~ a uni[ in a rondomimum oc a planned un.u drveiopmcnt. Borrower .teals peCiror.'i al! b! 13orrowrfs :,'bliHat:onb undo;-
<br />. the derlaruion or :oveoants creating or yovcrnmK the rondomtnium ar planned unu d?~~elu~imen[, rho by-laws and-
<br />- tt~ttations of the c rndontinium or pl~n~rad unti de~elopmrnt. and ct~nstnuent doh.-ar.,znt-,.
<br />,. hesactlsa of LaaJttr's SK~rih. !f Borrowct fail ro perform the Cu~tnara. and a~rcnrnen+s contained iri ibis
<br />Deed of Trusl, at if any action x pruc~ding is ctmmencet uhtch matertstk u:Fcen L.rnder~s interest ;r. rrrc Proocny'.
<br />then Lander, at Lender's option. upon notice to Borrower. may make such ;; praranrs, d;shur,~ ~,:rch gums. ~d;iiuding
<br />rcasorubk attorneys' fees. and take such action as is necessary tr• nr(>tect Lenticr ; irtrcrest, If (_,enC,e: ;rquirrd m.~rcgs>{r
<br />- insurance as s condition afmaking the.oan secured Ov this Ilea: of Tnut. Ftrrrawer steak pa} the premiums regnirrd to
<br />maintain such insuranx in eff~t until Bach time as the roquiremrnt for scch insurance trrroinaie•, in aa:c:rdancr with
<br />- t3orrn+rtr's and Leta6er's written a~recmert or apyticablr :au.
<br />- .4ay amounts disbursed by Lender pursumt to 'his^,ar:~raph ~. with interest ,herec~^. ut the tietc :are. °hull
<br />become a.-'ditiona}vtdebtedness of Hcxto+~er securcd b}~ thu Deed of Trent. Crlesa E3Gra,wer sad l..r.~nder agree to
<br />tether terms of payment, ouch 0.Hlrxints shall ~ parable upo^ soot- £rvo; Lcrider t, Hornrm~- rrcue:r.n~ p ti~ment
<br />ihtreof. !itxhuag contx%nai in !fits yuatyraph % shalt reyuire Ltndu to incur any expense or taK? any act9on hereunder.
<br />/~. larMetttw_ Lzndu rnar make or eauxe [n i+e made reasonabte entru-s upon ;rr.ri !aspect=-:~e> of the Property.
<br />provided that Lender sh:1l g'svc 8orr~~.rer netrce pr[ar to ant surh inspcetior, specth~ng r3asnnable raLae tltcrrYor
<br />related to iznder's interest in the Pmper'y.
<br />9. Galrwaatiw. IT+e proc~xds of an}, su~ard ar <isrm for dam.~~~-s va,ect ~r eor,seyuen°;at- :n ottnec;+er. wrth
<br />- arse i'tndemnation at citbcr iaking o4 the ytt,perty- rx part thereof- .r or c~_r-c ,r.~e a iren of ; ~ i~er_cuatien. are
<br />htrebp atr~cv and shall ix ;,&tu'o t,er-der. iuhjrt..o'h2 t crag of a^ ,- ';;ast .._ed r,t .-ant s e?,:er s+'ct,nn a~*ee-
<br />ment.~th a lien xF.ich has pet-ra_, loot this Need;r. Trust.
<br />f0. Wnowsr r{rt Rr~rd; Faebcarance By Lender Na ~ K'ai+er, f<~t. nsr~~c u£ i7c +iasre ~~r pa.rnen?. ^r
<br />cnczetifiannn «f am~:rnizat4ar. nh the ,uses secured 6y tt;i Ciotti aE Tzus; ,ran ad L- f_crdcr° ro sm ,uc~, ;rr :n ;r,~terest of
<br />' Burrowtt shat} nnf orate to :Yfeasr in an m:nn _ th iiah' R ~. th rt naS B r wet .1 R t r.,r ti u : ~ ~ ~ :n
<br />~ s,nterest. Lender shat! rn: be rct{csrcd a c:rnmt;~+, ~rc~ ec.^.fng's warns s>s, r. ;uc..s ~,. ~>r * c . rz~~.i~ .:ntc r s e_ae-
<br />- ~:ra at ~tlterwixe m4ti{ifV aaru_xtizatian ;,f t;+c ;e;ms scarrt-d ^y ,hi. f3cc< , . rus hti r.,r,c-, ., . -;:~r _. ~. eta-i: _ _ ant ..
<br />cr;,$'~3a! t#t,rrvr,'rr newt Borr,~~rr'3 rtrc:cssvrs to io e~'.t_ _1, cat- _ b. ,~,- , c~. ^~ -:. <~r .. ...•,:J}
<br />err-under. ear rrttatrni~e ar"fatxied hg ;tiap~t,able la' ha.- ,.~.rt tie r man ,- t ._. . _ ~. ,_ ,,... >gt,~ .+r
<br />!3. ~1/LLFfiOi9 and .1na3ptew Bmundr 3*ani tad Jescrsl idahilit}: i. s~sytr~rrf. . .:. _.•.. _. _-_ .....,
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