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_ _._. 82-- t}04450 If`-¢oerowerpays Funds to Lender, the Funds-shall be held in an instiruti~n the deposits or accounts of which arc insured or guazanteed by a Federal or state agency(induding Leader if Lender is such an institution). Lender shall apply tht Funds to pay said taxes. assessments, insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds. analyzing said acrnunx of verifying and compiling said assessments and bills, unless Lender pays Boerowcr interest on the Funds and applicable law permits Leader to make such a charge. Borrower and Lender may sgrxe in-writing at the rime of eaecutiop of this Deed of Trust that interest on the Funds shall be paid to Harrower, arttl.unless such agcament is made or applicable law requires such intettst to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. tender shall give to Borrower. without chazge, an atrattal _ accounting of rite Funds shoaling credits wad dehits to the Funds wad the purpose for which each debit to the Funds was made. -The Farads are pledged as additional security fa the stuns secured by this Deed of Trust. If the amount of the Fulls held by Lender. together with the furure monthly installments of Funds payable prior to the drat dates of taus, assessments. insuraatt premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurantt premiums wad ground tents as they fall due. such excess shall 6e. at Borrower's option. either promptly repaid to Borrower oc ctedite_' to Borrower oa monthly installments of Funds. tf the amount of the Funds held by Lender shall not be sufficient to pay lazes, assessments. insurance grcmiums and ground rears as they fall due, Borrower shall pay to Leader any amount necessary to make up the drficiettcy in one or more payments as Lender may inquire. upon payment in full of all sums serurod br this Deed of Trust, Lender shall promptly refund to Borrower way Funds ?rid by Lender. if under puagtaph 17 hereof the Propem is so-d or the Property is otherwise acquired by Lender, Lsttder shall apply. no later rhea immediately prior to the sale of the Property or iu acquisition by Lender. any Funds held by Lender u the time of application u a credit against the stuns secured by this Deed of Trust. 3. Appllatlan d Pa~aaa. L)Ntss applicable law provides otherwise. all pavments received by [.ender under the Nat and paragraphs t aa<t 2 hereof shall be applied 6y Lender hest in payment of amounts payable to Lender by Borrower under paragraph 2 hereof, then to imerest payable on the Nae, and then to the principal of the Nae. 4. Peiar Martsgaa tend lDaab nR Trutt i;L~rgst IJm. Boxrawer shall perform ail of Borrowers obligations under any mortgage. deed of trust or aher security agreaneat with a lien which has priority rnrer this Deed of Trust. including Borrower's covenants to make payments when dnr_ Borrower shall pay or cause to 6e paid all tatter. asststtmenu wad other charges. fines and impositions attributable to the Prtapcrty which may attain a priority orn this Dtxd of Trust, and kasehoW payments or ground rents, if any 5. Haaarr t~ntteatw. Borrower shat[ kelp the improvements now existing cn hereaher erected on the ProPtrty insured against loss by fire. hazards included within the term "extetrded coverage". and such othcr hazards as Lender may requite wad in such amounts wad for such periods as Lcnder may require. The insurance carrier proriding the insurance shall be chosen by Barrawer sublert to approval by lxndrr; provrdcd. that zueh approval shall not be unreasonably withheal. Ap insurance pulictes and renewals thereof shall br in a hsttrt attroptable to Leader and shall include a standard mortgage clause in Cavor of wad to a tisrm att~eptab)e to Lender. Lender shall have the right to hold the policies and renewals thereof. subject m the rerms of any mortgage, deed of trust or other security agteemmt with a lien which has priority over this Deed of Trust. in the event of rocs. Borrower shall give prompt mice to the insurance carrier and Lrndcr. Lrndrr ma3 make proof of loss if cot made promptly by Borrower. If the Property is abandoned by Borrower, or if Borrower fails to respond to Canter wnhtn 30 dais Cram the dart mice is mailed by Lender to Borrower that the insurance comer otters txa settle a rlatm for insurance brnrtits. Lender "rs authorized to co-ket and apply the insurance pnxeeds at Lender': apttaa either to restaranon or repair of the Property or to the sums secured by this Died oC Trust. 6. Praaanatian acrd Mairgefrt+e of PeepertT: I.easa#aidrt Gaadaminiater Planned C;nit thvelopmeata. Bor- roa~er shall keep tl:e P rpte2y in goetl repair attd sltal! not .~zmmit waste v`r pttm:t impatrmrnt cir deterioration of [he Property wad shat! comply with the pravtsions ut' any least if Mrs Deed of Trust is on a leasehold. if this Deed oC Trust is on a wait in a condominium or a pianurd umr development. Barnswet shalt perform all of Bocrtawrrs obligations under the dxiatatiat ur rz enantov n is creating nr governutg the cundomraium or planned un+[ development, the bylaws and regulatinns oithe condominium ar planned wait drvrlopmcnt, and ronstiturnt dxumrna. 7, PrtlaaKia~ vt Lartdse'a Saetrrlq. If Barrvswer fails to prrtorm the awrnants and aKrerments ronta[nrd in this Detad of Trent. or if way actwu ur proaxtding is ctunmetw~ed uhtch mareriallc aifrts Lrndrr's interest in [he Pmptrty. thin Lander. as Lender's opts, upon aatcr to Borrower. may make such appearanm. dtsbtuse such sums. including rcautaabla attorattys' fax, wad take such actiat u is aectssary to protect Lender's interest. 1t' Lender required mortgage insurance as a eoodititm of making the loan secured br shin Deed aCTrust, Borrower zhali pav the premiums required to maiataia such itrsutaaax is effect until zueh time u the requirement For such insurance tertntnatestn accordance with Borrowa's wad Lender`s written agreement ar applicable law-. Aay amounts distwtsai Icy Lander purstuat to this paragraph '. with mretesr therrtm. at the yotr rate, shall bacane additimrd ietdabtcdmss of Bp[TOwet secured by thn Deed of Trust. finless BturuwYr and fxttdrr agree to whet terms of payment such amounts shalt hr payable upon notk-c from Lender to Bornav~rr reyursting p yment thereof- Nothiagcontaiaed in this paragraph'sh~lf requtrc Lender to incur env ezpeasr:ar take env action hcreundar, g. tnwg+a~isrr. Lsndtt may taaka or cause [ts be made reasonable entries upon and msptt-ttons of the Property. provided that Lender shall give Borrower notice prwr to any such inspection specitiirtg reasonable cause theretor rdatad to Leador's inta~asr in the Property. -- A Cwirr. The procarrd: of env awed a ctaim for damages, direct +x c~nsequentiai, in mnnertion with .aonativsr er oCltor g cd tt~r Pr+>gea[y. tx part tltet~tC, er f'or ~~nrecanrr in lieu of condrmaatiurt, are het¢hy assigaeal wad shat) file paid m La:ruter. subject to the terms of any mortgage. deed of trust ar :~ -rcurity agree- inert with a lien which has priority near this Uted of Trust. 10. liaasa+nrr. NaR lttlraaartt Faelattearw !3J [,cadre 1Vot a WaivK: Extrnstan uC the tirtte for payment or madificatiort of attttrrtiutian of ttte zttms secured by this Decd of Trost granted by Loader to any stxti~rswr in interest of ~ stud[-ens opQata.to rekaae.'tn any manaerf the liability of the ungiPai Borrower and Bwrtswrr`s succeswrs m ialeraat. Lt;ndat shall all ba regnirad bs cvmmttrre praxeectaags against such stu-s-rswr +x retuzr to rztrntl time fa pav- nmtw or++e mottt~ amaetirat[i~ sd' eha sums srcuttd by this [?eed «st `Trust by reason of env demand made by the fitoRtotrar-wad Botto+ror's suexrtssurs is [nterat. Any torbraranvr by Crrtdrr to rsrn:txmg any rattht ctr remedy h4rgrtader; tat atl~rvrtsg atlurriltd by appltv.abla law, shalt tktt he a waiver o! or preclude the exrrciso +tf aa. such rigtet or ~_. tl.;~ west[ Awi~s lgrttradt luirrt word a+}ntnl Llatrftitvt Casiprers. Ihr vnanaaxs and atrer~nruts httreia rJaiil bind, and the rights hereitadar staaii inure aa, tnr rrtgtecuvr suacrss+m anal assytns ~,! [.ender aml Bnrrawarr, wbjetr tat the provisa+ass of paragraph tth tsttr«i. All cetir<narttx wad agrcrmrats set k3orrc?wt r shalt ha r+rtnt and vt>ersl- Aav 8arrowrr WCtoc+~".igtt+) Fhis l7retl:tC'7 rust... tart d+ara a,+t r:r.utr the NrNr. as ~ is .stistgnmlt they lASect rit Trust +'!~v i+s grant and r~[sry ~k Botmwer's ,_mrre~t ,r the l`rti}aunt 3.< i±ustrk~ yadcr 2hc;rrtns .~I they I?rcd .it ~l'rvxt.+t•a iv