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<br />$2-x'304456 <br />Borrower shall promptly furnish to Lender all renewal notices and-all receipts of paid <br />premiums, In the event of loss, Borrower shall give prompt notice to the insurance <br />carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. <br />Unless Lender and Borrower otherwise agree in hziting, insurance proceeds shall <br />he agFlied to restoration ar repair of the Property damaged, provided such restoration <br />or repair is economically feasible and the security of this Deed of Trust is not thereby <br />impaired: Lf such restoration ar repair is not economically feasible or if the security <br />of this Deed of Trust would be impaired, the fnsuzance proceeds shah be apglied to the <br />_ sums secured by this Deed of Trust, with the excess, i.f any, paid to Borrower. If the <br />Property is abandoned by Borrower, ar if Borrower fails to respond. to Lender within 30 <br />days from the date uotice is mailed by Lender to Borrower that the insurance carrier <br />offers to settle a claim for insurance benefits, Lender is authorized to collect and <br />apply the insurance proceeds at Lender's option either to restoration or repair of the <br />Property or to the sums secured by this Deed of Trust. <br />Unless Lender and Borrower otherwise agree in writing, any such application of <br />proceeds to principal shall not extend ar nastpone the due date of the monthly install- <br />ments referred to in paraitraphs 1 and 2 hereof er chapge the amount of such installments. <br />If under paragraph 1S hereof the Progert~ is acquired by Lender, all right, title and <br />interest of Borrower in and to any insurance. palic.ias and in and to the proceeds thereof <br />resulting from damage to the Property prior to the sale or a:-auisition shall pass to <br />Lender to the extent of the sums secured by this need of Trust immediately grior to-such <br />sale or aequisitioa. <br />ti. PRES1~RVATIi)N tuyD ~fAi:tTE:iA;1CF, r)F PIiQPF:RTY i i.F,AS£ii()LDS ~ CZ1;tiDth~31?ilU?1S ~ PLayNED <br />UN1T DEVELOE'?4EldfS. Borrower stsall keep the Property in good repair and shall not co~1t <br />waste or permit 3mp$irment ~~r deterioration of the Prupnrtc and shall 4cmpiy with ehe <br />provisions of any lease iE this Derd =yi `,"rust ?s on a leasehold. <br />.. PRL1TYxTU) t?F f;VDEA~e ECt'?il~~. ~t ISi+rrover zaiis to perform [he covenants <br />and agreements contaiue,i fn rhls Dca3 °~.. --z::sf, of if lay aeti.w: or pcaeeading_:ts <br />eos~ecsced which ~aaterlally affects '.endee's interest fn the troperty, including, but <br />not limited to, eminent -!n~in, iastlveexcy, ~:~xie enisrce~nt, cr arrangements or <br />proceedings involving ;. basE'x,rupc ot: v_cccieac, [-!~eea Linear xr =.eaider'& option, upon <br />notice to Borrower, ;.nay make suclx appearancea, cifsburse su.~h s'usns and tike such action <br />as is necessary to protect Le=.ader's interest, including, fiat oat ifmited rci, disbursement <br />of reasonable- attorney's fc~s and eutxy upon t2~ Property t~, :::ate regains. <br />Any av~unts disbursed by Let:der norsuustt t=~ this naragrapts '. with interest <br />thereon, shall become aduitional f~.debtedness c•;' P.arre+.~r secured by this ?lead of Trust. <br />Unless Borruwee noel Lender agree to ~:ther forme of payment, such an~unts snail be <br />payable upon notice frow i.ender to Borrower requesting p;+ymnut thereof. .and shall bear <br />interest from the data of dieburses~nt at c, he rate e[ _19 ~rLiSlHtk'~1) , wileas <br />payment of interest at su.:h rate. would b+e. contrary to applicable law, in which event <br />such amounts snail hear interest at the highest rate permissible under applicable law. <br />:~at~ting con[ainetd in this aaragraph i shall require ;.ender to incur any e,xgNnse or take <br />aay action hereunder. <br />~. t*7SYF,s'TI0.''I. Lander srav melee cr cruse to ~ ^sada: reasonable entries upon and <br />inspe.:ticros o£ ehe Property, provide3 teat i.ender shall ;:ive Borrawet notice prier to <br />sap such inspection specifyinii reasanablt~ cause t~refore related to Lender`s interest <br />i€t the Property. <br />$;, ULk3~?~#$'1'-i i)?i-i i?t}, "q' ~_rr:~~.r..~~ .-_rc xny a+?a.r~i c,r ~,~_~ et.r :3: m~~~, - , , .~:. aY <br />.>~i:~ttial. in ees:-~~e.tiY,.. ii'; ;~zy ,a£ada~~anatfe~:c .,r c;th~x ;nk:;~g .. tt?~ :'tv, <br />or gent thereof, ar fvr conveyance iasi.ru of c:v:Kiewiwtitan, a:re i;c:reby +s:+i,:.~,_od and <br />ultall ~s geld to Lender, <br />[n flan +r<v~auc of a total ta`riniq .,f the ;roperty stu:~ gYroceads ..nail _~ ~i?plied t~~ <br />t~ Eums s~ uteri fzp this Deed .. f `6"rust , ui th the r*_x. n~a, i, .aeip , ,,.r ~.. c•, R.3r ~ •~w~c r , an <br />ter,-cwt pl ,o. Bart#a2 taking t~f the i=rugerty, i.nla:~~ B~,rrur.~r -~;ui ,<ta3~,r ~~th.:rwisa c#qr~*~ <br />Lty vritin~, thorn shall bra ,~gpl,iea co tiw rsums ;encored r±y this ?4*g~ ~f Trust atuila <br />Ft'n'F+~'tl~+ u[ the preeda ax is equal tc~ that propoct:i.wc; ortal,t:±x rho 7:aauut .:t' fix suits <br />. }-:.. <br />