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<br />82--i7G4291 <br />[f Borrower pays Funds to Lender, the Funds shall be held in an institution the deposimor accounts of which are <br />insured or guaranteed by a Federal or state agency (including Lender if Lender is such an institution). Lender shall apply <br />the Funds ro pay said [axes, asstssmenu, insurance premiums and ground rents, Lender may not charge for so holding <br />and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless Lender <br />pays Borrower interest on rite Futtds and apglicab(t law permits Lender to make such acharge- Borrower attd Condor <br />may agree in writing at the time of execution of this L>eed ofTtvst chat interest on the Fssnds shall be paid to Borrower, <br />and unless such agreemsmt is-made or applicable law requires such interest to be paid. Lender shall not be requited <br />to pay Borrass+er any-interest or earnings on the Funds. Lender shall give to Borrower. without charge, as annttal <br />acewtncing of the Fttnds showing credits and debits to the Funds sad the purpose for which each debit to the Fsmds was <br />made. The Funds are pledged az additional security for the sums secured by this Deed of Trust. <br />If the amannt of the Funds fold by Lander. rogethar with the future monthly installments of Funds payable prior to <br />the due dates of taxes, assessments, insuranae premiums and ground rents. shall exceed the amount required to pay said <br />rases, assessments. insurance prtmtimns and ground rents az they Taft due. such excess shall be, at Horrowet's option, <br />either promptly repaid to Ha~rrowcr or credited to Bamwer on monthly installments of Funds. If the amount of the <br />Funds held by Lender shall not be stafficieat to pay razes. assessments, insurance premiums sad ground rents as they fall <br />due, Harrower shall pay to Lender anp amount necessary to melee up the deficiency in one or more payments as Lender <br />mayttquirc_ <br />Upon payment is full of all sums seared by thu Deed of Trust, Lander shelf promptly refund ro Bmrawer any <br />Funds held 6y Lender. [f under paragraph I7 hereof the Propem is sold or the Property is otherwise acquired by <br />Lander. Lat~ler shall apply, ao later than immadiatetp prior to ttu sale of the Property w its acquisition try Lander. any <br />Funds laid by Fender at the (sloe of appfiration as a credit agaitsst the sums secumf by this Deed of Trsrst. <br />3. Appilotlars d Papua, Unless applicable law provides athertvsse. alt payments received by Lender trader <br />the Mott and paragraphs t and ?. heuaf shelf be applied by Lersder Rtst in pay2tsent of amounts payable to Lender by <br />Bortasver urWer paragraph 2 hereof. then to interest payable an the N<xe. and thin to the principal of the Note. <br />S; hint Meath sad Deady o[ Trsrxt Gtsar;aa: l.iem. Borrower chaff gerfbrm all of Botrawer's oblif;"atioas <br />tinder nay mortgage. deed of trust or other szcssrity agxtement with a lien which has priority over this Eked of True[, <br />irsdua#ittg Hortosrer's covenants to make payments when due- Borrower shall pay or cause to be paid all ta.:es, <br />assessments and other charges, fitses and impositions attributable to the Pmpem ..'hick may attain a pnority over this <br />Deal of Trtut, and IeastlsoW paynttnts or ground trots, sf nay. <br />S. Harms laaaraan. Brurowtt xhaU keep the smprovrmeau now exrstmg or hereafter rented on the Property <br />insured agatrsst toes by firt. hazards sneftided wnhm the terns "extended s'ssvrtaMe', and suck other hazards as Leader <br />may requtrc and in such amounts attd far such petaods as Leader may rrqutre. <br />fhr ittsraratececarver pruvrding the snsuraace shall ire chosen by Harrtwcr subject to approval by Lender: provided, <br />that such approval zha#f ntx be unreawnably wvhhek!- AH ansurancr pu#icses amt rcntscais thereof shall be sn a farm <br />xeceptable to Lender .and. shall itxltrde a standard mortgage ciaux in tav;~r cr and ;n a form a.•ceptabie to tender. <br />Lander shalt have the right to isotd the po/ures and rrntwrals tttttrot. subtnt m the terms of env martgagC. decd oCtrust <br />.x ether ssretansp agreement wth a tits whuh !tae prtortty (,aver [hts Deed of Trust. <br />is the even[ of toes, Sortcrwer shall gn•c prompt ncuur «~ the rnsuratrs a rattler and Lrndcr. Lender may make proof <br />of fuss if nor made promptly by Borrower. <br />if the Property rx abaodrtrted by Bornrwer, ctt st Harrower fails to respond to Lender within .ifi desf~ from the date <br />notice is mailed by Lender ro Harrower thu the msuranor carver otEtts to scttlt a maim tizr insuram~e taertrtits, Lender is <br />auxhoriud to calfect and ap~y the :nsurance proceeds at Lantfer s ;rptscm cether tax resu:ranon or repair of the <br />Preptriv or to the sums taxtattad by this L)eed of Trust. <br />h. Praarvatioa asbd ?Maimraaace of Prwpecty: l.raersatdat Grsedwmlafama: Phatscd 4nir Dcvetegneaa. Bor- <br />sower shelf keep tht Propem m geed teaser atuf shalt nsK :ommst +aste ,a,- ;aermsr empastrrscnt ar dermoratien of ;he <br />Psnprrty and shall comply with the provtssons of any lease +f thn C)rc:tl ;at trust as .+n a Irnscftofd. 1t sMs (nerd ~+t ~Crusr ;s <br />ati a anti is i condotainttim ar a planned amt dtvetopmrnt. Btsrtaawer shall petfarm ati of $otn+wcr s ofriigatwns under <br />the dtKlaruioo or covenants crrattng :n gmernmq the cottdcunsnsetm x planned anal [ireiapmrnt. the by-laws and <br />regttlatiats of the+~oadom%mrsm or planned oast devrfuptnent. and ~•tsnstnuem dcscuments. <br />T. Prtrseatiew of Laadw'a Sacruky. tf Bortnwer i'asls ro perform rkc rcavrnants and agreements eomarned in thu <br />Geed of Tttut, ur if nay actton or ptocreding ss rtsmtmaecd whtrh matmailc atfrcn Lender's mtemt an the Property, <br />then ltn~r, at Lender's option, upon aatsce ro Botmwtr. may make such appearans~rs, dtxburse suck sums, mcluding <br />rcartoaadsk tttotneps` Ewes, tad false surfs actives as ss raerrssary° s„ prntrrr L,+rrsdrr s rnterest. li Lender rrqutred mortgage <br />ittsm~aaee as a coaditiat of »takittg the !wn sstsuted by this Deed tvf Trtnt. 8arrawtr shall par the prcmtums required tv <br />mttitttaia each insuranct is effort until scuts retest as the uquitstttirnt tcx such maurantt terrsttnatts rn accordance wtth <br />Borrower's and Leader's wrttten agitemeat .~ appltcabk iaw_ <br />Aay amounts diaburxd Lw L.ettdtr psirsu:nt :o tilts paragraph ' with :oterest thercan. at the tiote race. shall <br />bacortte additivatsi itsdtbtedness of Borttswer stentrd by the Deed of 'frost. f.`nlcss Horn>wer and Lrndrr agnt ro <br />ether teams +d' papnseat, wch aasoums shall l+e payatsk upon Hotter titxatss f.rrsder tt* Bam+wrr srgtmteng p ~Tttrnt <br />thereof Ntsthiag svataiaed in thu, paragraph ?shall require Lender to itxur any expense or fake any action hereunder. <br />ft. fist~walaa. Lahr may make ar cause Ia be made rrasvmable rntnrs uparo and rnsprsysans of the Property. <br />provided that Lender shall !~ Betrw+tr malice prime to amt suck tnspr~rzson sprcthYng reastaaabk cause theref'er <br />rdtued w Letwdet'n iatareu is the Property. <br />4 , The proceeds of am award su c4?sm feu damages dsxret or camrqurmial. rn rcmncetton wvth <br />(try L~ada6tMtltaa arafhtr taking x~ the Ptogfrrty. u part thereof, ~• ftm cnnvevarsct sn lira of ;omitmnatian, art <br />haaeby auigoed atad shall be plead to Lender, subject ro the stems of ant msx-r gage, Bred cxf trust <u oshcv srrunty agrte- <br />w~ a lip arftx:. Las przvt'iry ova t.`ts Dwtf of T'smt. <br />tB. t+irnrtree igaa i~ieteaatr l~arar ~ L i+re a liaiwr. #~~enstun +zf list ,*~sr '~+r payment ur <br />tnadlfleaeioa svf amsatiaatWnvf the alms srcuttal by skis Elrod of Trust ytranted ty Lender «. am ,, ,„r to intrust of <br />Batfgs~s-stunt ersst ~a# to tadtaswr. sn mg marsasr. the tittnii[y of tkt ongsnal Harsr!wtr and H4xr+,wcr s ass~titxssn to <br />aastaastt, Ltatler shavB itta tae reifuired to ccsmmeacre pnrcecdints attatmt scuts auraexsor err refuse to extend «mr for pay- <br />maau-nr~ i$*srmattiaataea of the star srctrrtd br thts (lord of trust by rcawn or an demand made by the <br />sirisaf $Oti+awalt clad Heetowar's sttcx•rvsaus in intsrest,. ;>nr ietrtreararar Fy LeMitr rrs rserctssrsst xny tiaht or rrmsrdy <br />h+xennata[; veta~xwiae aEkstdtst tsy appiaablrc saw, chaff nos tae a waivtr .H ar xxnwrsufe she rsrressr ~+l rn> ;urh stgkt x+r <br />remedy. <br />t,t, 5ettolsssase sad 8aaadt letan cad S~tveaet Llr6ttitys C~iigrsen. S'h.• ~+:+vcn,srtss an,t ,tjtrrrenrnrs <br />`sue bid, aqd the is latlsylr~4r atwif enure tt+_ [he rrsllsx'tav-€ suuessxs atut x~rs,m -a L Lesser ar_r7 <br />9urrtizawrer. snbllER t<a ihr prisvnn+ns .ef par arirat7h 3 h ltcrr~+f Alt ,.in-rnan« an:# a~.rarmtnt+.:i N+gYxrwrr ~k.si+ k.e y:+rnr .+nJ <br />seoer~ tsiy $sin>wr~ wRc: as~+tttrt [has I?rcrf r!t Trtt~:#. t..vs 3#srs,•.,-t My i,•x•. ,ere '~=Ke. ,.+* ss rr* .eyn+nt a hrs i3rtYt ;xt 1"rust <br />~f: t.a rfrans seed s+wv,r> shat &wro«cr s rmrrr.s *r+,+ss t'r -peer, °,. E .,tcc varxt:r: rho tmssv z+r ihta l.scc~f ,,+r 1`ru.s..t+::r <br />