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<br />ff Qorrawer pays Funds [o Lender, the Funds shalt be Geld in an institution the deposits or accounts of which arc
<br />insured or gtiazanterd by a Federal or state agency (including Lender if Lender is such an institution). Lender shall apply
<br />the Funds to pay said taxa, assessments, insurance premiums and ground rents. Lender may not charge for so holding
<br />and applying the Funds, analysing said account or verifying and compiling said assessments and bills, unless Lender
<br />pays 8otrowet interest an the Fnttds and applicable taw permits Lender to make such a charge. Borrower and Lender
<br />may agree in writing az the time of execution of this Deed of Trust that interest on [he Funds shall be paid to Borrower.
<br />and unless such agreement is made a applicable laa requires such interest to be paid. Lender shall not be requited
<br />to pay Borrower any interest or earnings on the Fnnds. Lender shall give to Borrower, without chazge. an amual
<br />acc~i!^tiag of the Fnttds showing credits and debits to the Funds and the purpose for which each debit to the Funds wss
<br />made. The Funds are pledged as additional stxurity for the sums secured by this Dad of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to
<br />the due dates of taxes, assessmtnts, i^enra^ix premiums and ground rents. shalt exceed the amount required to pay said
<br />taxes, asseummts, imuraatt pumintns and ground rents as they fait due, such excess shall be. at Borrower's option,
<br />either promptly repaid to Borrower or credited to Borrower on monthly installments of Funds. If the amount of the
<br />Funds held by Lender shat! not lie sttfficieat to pay taxes, assessments. insurance premiums and ground rents as they fah
<br />due. Borrower shall pay to Gender arty amount necessary to make up the deficiency in one or more payments as Lender
<br />may require.
<br />Gpon payment in tuft of a6 sums secured by this Dad of Trust. tinder shall promptly refund to Borrower any
<br />Funds held by Itnder, If under paragraph 17 hereof the Property is sold or the Property is otherwise acquired by
<br />Leader, Lender shall apply, no later than immediately prior to the sale of [he Property or its acquisition by Gender, any
<br />Funds held by lender az the tithe of application as a credit against the sums secured by this Deed of Trust.
<br />3. Applieatba of paymsata. Unless applicable law provides otherwise. all payments received 6y tinder under
<br />the Note and paragraphs t and 2 hereof shah be applied by [.ender first in payment of amounts payable to Lender by
<br />Borrower under paragraph 2 hereof, then to interest payable on the Notr, and then [o the principal of the Note.
<br />4. Prise 11leitttpgas and Detsda of Trtst; Chargar; Lkos. Borrower shat) perform all of Borrower's obligations
<br />under any mortgage. dad of trtst or other security agreement with a lien which has priority over this Deed of Trust,
<br />including Borrower's cotenants to make payments when due. Borrower shall par er cause to be paid all tails.
<br />assessments and outer charges. fins sad impositions attributable m the Propem~ which may attain a priority over [his
<br />[ked of Trust, aad leasehold payments or ground rents, if any.
<br />$. }istsaed Iusearse. Borrower shall keep the improvements now existing or hercaher erected sin the Property
<br />insttted against tars by file. hoards ittctuded within the term "extended coverage", and such other hazards as Linder
<br />may require sad in such amounts and for such periods as lender mar require.
<br />The insurance carrier providing the insurance shaft t+r chosen by Borrower subject to approval by Lender; provided,
<br />that such appttival shall not be uarcasonably withheld. AlI insurance policies and renewals thereof shalt be in a form
<br />acceptable to Gender and shall include a stamiatd mortgage clause in favor of and in a form acceptable to Lender.
<br />Lender shat! hate the right eo hold the pellicles attd renewals thereof, subject to the terms of shy mortgage, dyed of trust
<br />or other security agreement with a ilea which has priority over this Decd of Trust,
<br />In the event of loan, Borrower shalt give prompt mitt to the insuraenY carrier and Lender. Lender ma} make praif
<br />of lost if not made promptly by Borrower.
<br />(f the Property is abandoned by Borrower, sir if Borrower faits to respond to Letxier within 3(i days from the dale
<br />nixice is mailed by l.ettdcr m Bii[rowrr that the insurance rattler ottetx to settle a claim for insurance benefits, Lender is
<br />authorized to collect and apply tin insurance proceeds at Lender's option tither to restoration or repair of the
<br />~y or to the sums secured by this [lctd of Trust.
<br />ti. petraesatiy tad Mttfasssttaaxe of Ptopertrt I.eir~oMs: Ceietdominittma: Plaotted t: nit Derelopmema. Bor-
<br />rower shall keep the p[opem in good repair and shall nut cromm+t route or petmn impairment or drtenoration of the
<br />Property and shall comply wtth the prottsiems of am lease if this L)rrd of Trwt is on a lrasehokt. If this [h-rd of Trust is
<br />on a unit is a condommiitm or a piaa~d amt developttnnt, 6orrcwer shall pertdrm all of Borrower s obligations under
<br />the deielaration sit covenants cresting or guvernmg the condominium i:r planned unit drerlopmrnt, the by-laws and
<br />regulatiiins of tin rondominium sir planned unit development, and vYVnsnturnt documrms.
<br />1. Ptenetisa eti tsadar`s $ecotiq. If Borrower fails to prrtisrm she csnenann and agreements comained in this
<br />Decd sit Trust, ar if any cation or proceeding is commc~-cd which matritaliy atTrcts tinder's interest in the Propeny.
<br />than t.endes, at l.ertder's option. upon emtecc to Besmiwrr, may make such appearances. disburse such sums, including
<br />teuonsble stteirneys' fees. attd take staeh action ss is necessary to protect tinder i inerrrst. If Lender reyuirrd mongagr
<br />insurance u a catditioo of making the Iota secured by this Decd of Tritst, Borrower shah pay the premiums rcyuircti ro
<br />maiataia such iasuraaex in effect unfit such time as the rrquirrnirnt for such inwrancc termtnatrs in att-ordanoc with
<br />Borrower's and Lender's wl7rte~e agrexment or applicable taiv.
<br />Any atnttuttts disbntsed br Leader pnrsuam to this paragraph ', with intrust thereon, at the Note tart, shall
<br />bt+t:ane sdditittnsl iadeMedacss of Botmwer scented by this L?eed of Trust. l`nless Botniwrr and lender agree to
<br />tuber tenors of payment, such amaunis shaft ti+c payable upon notice from Lender to harrower requesting p }merit
<br />thereof. Ntultiagcontaiactl in thn parsgraph'shalt require L.ent}rr to imur anyexpense sir take any action hereunder.
<br />S. haspse~a>.. tinder may mate at cause to lx made reasvinable entries upon and insprrtions of the P'ropeny,
<br />prvntckai tint t.ciwrt stiatt give .xltttrUa'G .^eit~;r p^,ar to acv such it~~ t:u-n yt^r,.iF^'.n;, ••»scrta!~ia rinse therefor
<br />rEtttnd t0 t1 tq[Qr~X I31td4tL4t to tltE P}QprliY,
<br />4. CwwdMSSpstlaE. TTu proccods of any award ar claim teie damages, direct or ronxquential. in connection with
<br />any coadetrtnttion a ashen tatittg ~ the Pmpem, x pall thercc+f, ar for conveyance in Lieu c,f sundemnatiui, are
<br />IitreDp astiigtt~l and shat be paw to Lender, suE !tat to t.'ic :--tis o! any istc,rtgx~-r, ilerl of trust c's :ether ss+~ tirity agree.
<br />etnnt rritLt a lien wbieh bas priority u.er this L7~ecd of Trust.
<br />ld.lflattwrtstr Nat Raitrastlt Fae4eataatrt B!' i,eudat Neq a WMver. Exzrenwm of the time t.~r pamtent sir
<br />mttdiflratie>at lit tintoctiaatian tri the sums secnaid try this [krd at Trust grsmed by Lender to any wsti'essur to interest of
<br />BoEronrsr shall tw1 agritrate as rekasa. in ao> ttsanner, the itsbihty of the arsginai Ilorcawrr and Bu[rowri s successun in
<br />~teraat, tetidar shsB hex be +'ed oo ctimntetsie proceedings against such sur<`rsvar ar utusr tc, extend umc tvr pay
<br />easat oe uelteeerdxet tardily amaetiuttoa ot'the wms aecurtd by this Doric nt T rus: t+y rcaain of an} demand made by the
<br />nrti~it6td B and poeroteett°s sttccessart m inte°rrst A^Y firrbrataticr t.~ Lrridrr in rxrrcismg am r+gttt ur reeiicdy
<br />>xWarrt.N4sL rJil!:othlptwsttg tfFttttdrd ivy spphcsbk Mtw. shah ntN t+r a waiver of sir prci:iudathr rxcrctsr <rF any such right of
<br />thy,
<br />it. SttatatsaM!a-start: tlniltta ~tttwdt !altar ittad aesuai Liabiii~tt Go.sigwrn. lli.° ,ovenanu anti aKrrrinrndx
<br />txt5rtta v'Natturt~~ shall bind, and the ri3hta ltctruetdrr xhali iwou t<i, the rrvprcuvr suctiYSV.xv snit ass+,tns cri lender anti
<br />Brs`rt^.err, stsbparc to rho proyrsnrns of pariigra{di it+ticreui, ail ecru*rants and a;grrcments cxt Bs,rroarr vh~iii t+r louu and
<br />vevarri. Aery.Boets,wrtwhcict+-vixnx this t?eext z?t Trove, Mil Hors n+<i exrsvtr the *rrxe. fa?+~ ~'~*-v+itntng ih,v l7r.txl cif Trust
<br />~?nlr i~ ~timis a^d a[risea`p ahtn l~+rrn+~t _c int:`rrst in ate f'mt+erty to : +iarirS andep the arrms i?i ih+s Lschi :+! Tru*i. it=> is
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