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<br />82~'00444~1
<br />If $bimwer'pays Funds to Lender, the Funds shall be hdd in an institution the deposits or xcounts of which alt
<br />insured or guaranteed by a Federal or state agency (including Cinder if Lender is such an institution). Lender shall apply
<br />the Funds to pay said taxes, assessments, ituuraatt premiums and ground rents. Lender map not charge f'or so holding
<br />and applying the Funds, anal}zing said account or verifying and compiling said assessments and bills, unless bender
<br />pays Borrower interest on the Funds slid applicable law permits Linder to make such a charge. Borrower and Gender
<br />may agree in writing at the time of execution of this Deixl of Trust that interest on the Funds shall rte paid to Borrower,
<br />and- unless such agreement is made or applicable law requires such interest to be paid; Lender shall not be regnittd
<br />to pay Borrower any intttGSt or earnings on the Funds_ Lender shall give to Borrower, without charge, an ananal
<br />accwtunting of the Funds showing ctrodits ate debia to the Futrds and the purpt>se for which each debit to the Funds wu
<br />made: The Faads are ptaiged as dditioaal security for the sums secured by this Deed of Trust.
<br />If the amount waf the Fulls held by Gender, together with itie future monthly installments of Funds papa6le prior to
<br />the due data of taxes, assessments, insuraatt premiums and ground rents, shall exceed tht amount required to pay said
<br />texts. assessments, instnaatt premiums and ground rents u they fall due. such excess shalt be, at Borrower's option;
<br />either promptly repaid to Borrower wx ereditd to Borrower on monthly installments of Funds. tf the amount of the
<br />Funds held by Cinder shall not be sufficient fo pay cues, assessments, insurance premiums and ground rents u they fall.
<br />due, bottomer shall pay to Leader any amount IteLtStary to make up the deficiency in one or mare payments u Lender
<br />may require.
<br />Uprm payment in fall of all same secured by this Lhed of Trust. Lender shall promptly refund to Borrower any
<br />Funds hdd by lender. If under paragraph 1' hereof the Property is sold ar the Property is otherwise acquired by
<br />(ruder. Lender shall apply, [w later than immediately prior to the sale of the Property or its acquisition by Lender, any
<br />Funds hdd by Lender at the time M application u a ettdit against the sums secured by this Deed of Trust.
<br />3. ApplintMi of P.y.aw.. Unless applicable law provides otherwise, all payments received by Lender under
<br />the Note acrd paragraphs !and 2 hereof shalt be applied by tender first in pavmem at amounu payable to Lender by
<br />Borrower uada paragraph 2 ttueof, thwst to intertu payable on the Nate. and then to the principal of the Note.
<br />3. Prix Miaetpgat and tJaeda of Trstt ChvLas: Ll®a. Borrowtt shalt ptlform all of 8orrowtr's obligations
<br />unafer anp mortgage. decd of ttvst ~ other security agreement with a lien which haz priority aver this Deed of Trust.
<br />including tiarower's covenants to make payments when disc. Bwxmwer shall pay ar cause to br paid all taxes,
<br />assessments sad other charges, fiats and impositions attributable to the Prapem which map attain a priority aver this
<br />Dewed of Trurt, sad kasehwtld payttseats or ground rents, if say.
<br />5. Elawtd las~riies. 8arower shat! keep the Improvements new existing or hereafter erected on the Property
<br />insured against lass by ftre. beards itxluded within the term "extended rovtragc'. and such other hazards az Linder
<br />may require and in suet: amounts and for such periods as Lender may rcqutrc.
<br />The iaattraact carrier providing the insurance shall be chwtsen by Borrower sublrct to approval by Lender; provided.
<br />this sttl:b approval shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in a form
<br />acceptable to trader and shall include a standard mortgage clause in favor of and wn a form aireptable to Lender.
<br />Leader shall have the right to hdd the policies and renewers tttereaf. sab/ect to Me terms of any mongagt. decd of trust
<br />or other security agreement with a lien which his priority over this Cked of Trust.
<br />to the erect of loss, Borrower sttsll give prompt nnttce to tttt tnwrattax tamer and Lender" tinder ma} make proof
<br />of loss if ttm code ptomptty by borrower.
<br />If ttu Ptapem is abandwmed by Bomower, or if Borrower fails to etsporid to Ltmlrr within 3U days from the dare
<br />notice is mailed br Ctndn to Borrower this the insurance camtr atfers to setNe a claim frx tnsuranw.~t benefits, lender is
<br />authorized to ~wllect and apply the insurance proceeds at lrluin's option richer to rtstorautm ar repair of the
<br />Property ~ to the somas strayed by this Dted of Trusr.
<br />6. Pteaavatian and INairasaltlee atf Prapargt Leaaeheidit: Caidominlima: Phttfied Udt Devsdopmaeots. 8or-
<br />rowwtr shall kelp the Property in good repair and shalt rail cnmmu waste of prrmu impairment ,~r detenoratwn of the
<br />Property and stsdl cnsaply wish [he previsions eC u+y kale of rho I]eed oCTrust o win a teaselxki- If his I}eetl of Trust n
<br />oa a unit is a srottdomittittm of a planned amt dcvelupment. Borrower shalt ptrfttttri ail at &~rtewtr's .abligauans under
<br />the dalaratian ~ covenants creating sK governing the eandam/mum ar plannai unn dtvtlopmtnt. the try-laws and
<br />regulations atthe condomittittm ut plaantd uatt da:welopmtnt, sad constituent dacumrnn
<br />T, PtitaeUalt alt [attrdtrl SaeirW'. if Bt»ower talcs to ptrtrtrm the ctrvtnanty and ai~trrmtnts contained in this
<br />Decd waf Ttwt, a if any action air proceeding n wvmmtaced which mattrlally alfra:ts Lttnlrr s inttttst to the Pnpeny,
<br />tl~ l.etadEr, at i.endet's optics, upon notice to Bwamwer, may make sash appeararrts, d:sburu sixh sums, including
<br />reaannrrtaik attorneys' fee, sad take such action u is nrcessarp to protart Lender's tmerest. if Lender rtqulrw:d mortgage
<br />insurance as atrorsditista of making the taut secured by this Deed af'Trust. Botrttwer shall pay the premiums required to
<br />ntttiatain such ittstuaaax is efkst until stash time as the ttquirtment for such insurattcc ttrmsrtates in artbrdantt with
<br />Bormxer's amt Lrmia's wtrrlttcn agreement ar applicabtk law.
<br />Any amouais disbursed by t.eradec pursuant to this puagraph '. w-Eth interest therarxn, at rht vote raft, shall
<br />lstttorne atl3ditiand ittAebttwdrxss of Borrower secuttd by this Deed of Trust. L'nltss &urower and lrndtr agree to
<br />orbs rusts of paytsxnt, snth amounts sttaU be payable upon roxirt from Lender :a Barn*wrr regilestmg p vmem
<br />tlreeweof. Nwxhiag croatailxd is this paragraph' shall require Leltder ro tatcur env exptnx ar take env A`tiafi hereunder,
<br />l6 Isyr~u. Iteder may make ar catssc to rte mods reasaaabk efilrtes upon sad insptrttons of ttte ltraptrty,
<br />ptoridtd this Lender shall give 13orrovrtr naAict print ro any sorb tasptettatn specatving rcasanabtt cause thavttor
<br />rwalated ~ tuetsdws's iatcrest in the Property.
<br />g: C.aaiasgagart, T(tt proceeds of lay airrard ar claim tar damages. dattci ar 4vnscquamt:al. rn cantteMma with
<br />sag coai4smatttina a other taking of the Prttpcrty, of part thereixf: ar far s'anv~vance m lieu cu catidemnanan, are
<br />herthy-ash sad shall Cie oairl to Lettdet. su6iect to the terms of any tmangat~e. d+rrd ~•t trust .•r watt security ag~ee-
<br />: with a lira which has ~y cyter ttsis Lkped ~ Trust"
<br />EA aassR Nit FidataMdt Fett4aaratare 6} t.~tiat 'Wt a Waiver. Extension of the time ;+aymamt ar
<br />trtaditficattat of amortisation of the sums sccurad by ehu [)ltd at Trust grantewf by Lefidn to am ws.r.~~ ~r ui inmrest of
<br />gettytrrret¢ s11aB tact operate to ttkaae, in say manna, the liability of the original btxntwtr atW Barraxwrr v au tieauars tla
<br />ittrat, tit altaii aW its raguirmd to aoratacsict pnatetdings .against san-h suwx~swr w refuse to cxttnd ame fur pay
<br />tnp-t as ~ tm4t#y aaWtti+udion at the stems stctlrtd by fits Devri of "Trust b} rtasttn :af ant demand made by the
<br />utsgNttl.. $+prrstwtt aAd BGrrawatsC's san."t'tsxers an inttrtst- Any twvbeatatart try Lrnaitr in <awcn•asing env right or rtnrtaiy
<br />Mnatnsd>rht. or gtbertuise at&aMat by applicat:kr taw. vhall eat br a waiver at..t }frt.:#ildr for ttttctst of auy swrch right at
<br />rsan+tA},
<br />ii. ~ rwti4 Aitri;ltt fgeiwdt laii3 and Seveelsl Llabil~ss Cax•aipeesa, l7tr cokcnavts and agreeuxrntc
<br />M~p_tvBtat?np$_tiHl1 binQ_sad apt rtgltfa. htteutnilcr shin :ayre to_ t~ rrsltectwvt sucvre+r~xs an.f asswgna.># Ltndrr attwl
<br />Baerrovrer. >:itbjitet tax the pwvnisutn va#'pataigraph to trtrt+it .Alt ..wrnwnty and aw~rttrntnts.it barntwrr sha.1 ter :want and
<br />vrtrtal aim liutttawtt wiiw let stgtta tilts [itetd a~"1*ust.. rout =tars cwt rxt c;:tc the tixNe, ia? n ic,.r=a;mar w hw. l;4rd ..t Ttwat
<br />ixtli #w? f~ant roll ~tianiFi that riaNfixwet~tt waatcrrit Ln 'fit Pf+ittcr@q 4i'+ T twila rK' xlwYit~r ;ttC terarro- :It thl. Ltre,.l ,tl l~rrisl. ;t"i ti
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