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<br />Utatt~za C~:n~ ~. oa:rawt: asd i~°r=der cave hank and agree as fcliawa <br />.$. r'aytsttstt of )t~nelpai and IaRer,est. Borrower shalt promptly pay when due the print"spas of and inktresr on t'tot <br />it~ebt=dness evidetsced try the Hots, prepayment and late charges as provided in the ?+IOte, and the prn~ipa! of and : ^^mst <br />on arty Future Advances secured by this Deed of Trust. <br />Z. Fonds for Tam tttni i~ee. Subject ea applicable law or to a written waiver by Lauder, Borrower shall pay <br />to L~ndtr an the day monthly irtstaltmsnts of pnncipat and interest are payable under the Note. anti( the Note is paid in full, <br />a sum (herein "Panda'°} equal to ou-twelfth o€ the yearly taxes and assessments which may attain priority over this <br />Deed of Trust, and ground rents on the Property, if any, pins one-twelfth of q~early premium installments for hazard insurance. <br />pitta araz-twelfth of yearly prerstium installments far mortgage insurance, if any, ail as reasonably estimated initially and from <br />time to titne~Lttttkr ten tilt tsas~ of assestrttents and bins anti reasonable estimates thereof. <br />The shall be !laid in an institution the deposits or accounts of which are insured or guaranteed by a Federal ar <br />scats agency tittcltrding Lender if Lender is such an institution). Ltndtr shall apply the Funds to pay said taxes, assessments. <br />inwratict premfutas and ground rents. Lender may not charge for so holding and applying the Fends, analyzing said account <br />ar verifying attd compiiittg said assesstrtents and bills, unless Lender pays Bcrrower +nteresi ar. the Funds and applicable law <br />pernsits Linder to make such a charge. Borrower and Lender may agree in writing at the time of execution of this <br />Dad of Trust that interest en the Funds chap be paid to Borrower, and unlesx sucfi agreement is made or applicable law <br />requires such interest to be paid. Lender steal! not tee required to pay 9orrower any interest or earnings on the Funds. Lender <br />shalt give to Borrower. without charge, an annual accounting of rtes Funds showing credits and debits to the Funds and the <br />putpoee for which cult debit to the Fundx was made. The Funds are pledged as additional security for the sums secured <br />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 />flee due dolts of taxes, asstsstuettts, irtsuranct premiums and ground rents, shall exceed the amount required to pay said taxes. <br />aatiessments, irutsrartce premiums and ground rents as they fall due, such excess shalt he, at Barrawers option, either <br />pram ly repaid to Borrower ar credited to Borrower on momhly installments of Funds. If the amount of the Funds <br />field ~y Lender shalt not be sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due. <br />Harrower shall pay to lender any amount necessary to make up the deficiency within 30 days from the date notice is mailed <br />hY Letsder io Horraww regtsestiog paymertx thereof. <br />Upon paymrnt in [till of all sums serurcd by this Deed of Trust, Lender shall promptly refund to Borrower any Funds <br />held by Lender. If under paragraph t g hereof the Property is sold or the Property is otherwise acquired by Lender, Lender <br />shall apply, no later than imrntdta[ely prior to the sale of the Prnptrty or its acquisition by Lender, any Funds held by <br />Lender at the tithe of application as a credit against the sums secured by this Dad of Trust. <br />3. A~tleatlaa ~ Pa. Unless applicable law provides otherwise, all payments received b Lender under the <br />Nee alai pangs s I sad 2 hsrnaf shelf tx applied by Lender first in payment of amounts payable to Lender by Borrower <br />uoder paragraphhereof, then to interest payable on the Note. then to the principal of the Note, and then to interest and <br />prirscr'pa! an any Future Advtnces. <br />(( Chi Lkaa. Harrower shall pay all taxes, assessments anti other charges. fines and impositions attributable to <br />the Property which essay attain a priority over this thed of Trust. and lea~hold paymrnta or ground rents, if any, in the <br />mama[ provided under paragraph 2 hsrwf or, if not paid in such manner, by Borrower mating payment, when due, dtrecrly <br />to the payee thereof. Horruwer shall promptly furnish to Lender all notices of amounts due under this paragraph, aztd in the <br />evert Borrower ahtB tssake payment directly, Borrower shall promptly furnish to Lender receipts evidencing such payments. <br />8ormwe[ alsaB ptimptly tlischar~e say Iirn which has priority over this Deed of Truax pronded, that Borrower shall not be <br />requited to disr:harge arty such Iten so long as Borrower shall agree in writing to the payment of the obligation secured by <br />such ties is a manner uceptaWt m Linder, or shall in goad faith contest such lien hy, or defend enforcement of such lien in. <br />Isgal ~a~tngs wisieh open[e to prevent the enforcement of the lien ar forfeiture of the Property or any part thereof. <br />S. Hari litttwrt~te. Borrawsr shall iteep tiro improvements now existing ar httreafter er~tsd on the Property inaurod <br />against loo by firs, hazards included within the term '°extended cavesgge". and such other hazards as Lender may require <br />axed its such aalaaUOp and far such periods as Lender may require; pravrded, that Lender shall nix require that the amount of <br />atrch coverage exceed that amount o€ coverage required to pay the sums secured by th+s Deed of Tntst. <br />The insurance carrier providing the insurance shag bt chosen by Borrower subject to approve! by Ltndtr; prov+dcJ. <br />dust suds al shall trot be unreasonably withheld. All premiums on insurance policies shall he paid in the meaner <br />provided ut>rder pautt>tersph 2 berme[ ar, if hat paid in such manner, try Bornrwtr making payment, when dtte, direcsly to the <br />itssurassee arrier. <br />Ali inawtsnce policies and tettewals thereof shall tx in form accepuble to Linder and shall include a standard mongage <br />clause in favor of and in form actxpiable to Lender. Lender shall have the right to hard the policies and renewals thereof, <br />and Hsstfawit€ strati promptly furnish to Lender ail rerrewat nruuives sled all ret:etpta of pa:d premsutus. !n khe trtnt cef lass., <br />tint t=+w~ t~ Irv? street ±*?~?;a to the inguratt>-e ~~rr+tr and Lender. Ltndtr may make proof at Ices tt hat made oramMly <br />by Borrower. <br />i7nleas I,ettdt:r oral 8arrowcr oilKrwise agree ir. c_ritaug, ensurance prec~e^eds shat! ht applied to restoration or rtpau of <br />fix . , ;ia ~, -~- svi'~ ~~h r~+~3rath'rr r?• .-:._ - Ki=Ftkxrt~ally te~iLalt and ttte sacttrtty of this i?t~d of Trust r*_ <br />net t~ v~~~ ~r~l. It such rwtioratims ar repair is ~mompatty ttastbk ar +t ilea security n[ thee f7sed of t-rust would <br />:.~i.'~:r ::~ t.:rra.. == r:.:,=mss :.~.~11 = :i:~i~ e_, ,. ~ ~_ - ;~ ~• ;!:~ L}s i ;• T;e~ .;;tt: tf~ ~z - a;ps~ tea;! <br />to Borrower. li the Propery is abandoned by Borrower c r it Barrawcr tails to rtsparrd to tinder kuhrn 3ti Gays from tit <br />riatE tsrrtics is ttsili»i eig i.c-ndci ts'r 1'~. assw~~r rho rem ~ asti '° '°`°:' .=uc-;a _°-' ` '£ _. 1 4=.,:Cr <br />,3 tutAar ~_. ~=o~~: a a3y ~ r€a~~ ~ ~. L~~tier'=3.~- ~,,t : e~,~. tip t s!~=Prnv <br />ar to the stems aocttred byy thas P>erod of Trost. ., <br />t3nk+ss l.asdetr and Borrower otherwise agree in writing, any such application a( proceeds to prirsctpal shah nw extend <br />ar poatptwsta the due date of the nsonthfy installtents rcfcrrest to in paragraphs I and 2 hereof or ChangC the arttattm of <br />[elute tmtallesseat:. If under prragrads t8 harts[ the Prnperty is acquired by Ltndtr, a!1 right, title and interest of Harrawcr <br />in aid to any insurance policies sad to and ie lire prasr:eeais thereof rCSUitiug tram dautage to the Property prk,r to the salt <br />or ttctluisition shall pus to Lender to the extant al the scans scwr~ by ibis !)etd of Trt~t imnaeltately prior to such sate or <br />ar~uattioa <br />6. ltsrssrvaslan anti lilaialaaarce eQ i'xc+gertyt Leaaeiaiiai Cedasta~ar; ttlattasel Utstt Uewi~weats. Barrawcr <br />slurp keep the Property in good repast :rrad shall uw comet+t waste or pernut imppairment or dticriarauuo c,f the Frapcrty <br />sad shall eampty with the pravisiaru a# any 1 if this L)eessl of Trust is an a lsasehnld. If this Dtxd of Trust is on a amt in a <br />eoasdaalsiaium or a planrad unit develaprticne, Borrower shall perform all of Barrower'a obligations under the dtclaealion <br />or caveastlnW crernti»g or governing the carrcrnsantntum or pianitai unit devtioptnetti, the by-laws anti reguiaunns of the <br />cctadtxerinittm or platssted unit devetapment, and tarssutuent dacumtnts. If a condominium ur plannrd amt devebpment <br />rider la excruted by Harrawtr and eeuorrlal together with this Deed of 'i rust, the covenants soil agrccntcnts of such rider <br />shall tae it~arparaud Into and shalt attserui amt suppiemeni the covenants and rgretmctits of this 17sttl of Trust as if the rider <br />were!. ~ o< itrrias'a 9aeoriry. If Boerowtr falls to ptrfama the covenants and agreements conta+ned in this <br />[)sari of 'ilrtslt, ar if any utia- or pruceerlwg is cntssmerxtd which materially affects i,ender's interest in the Property, <br />`arclisdi~ag, best hat iimusd ta, emiWtutt domain, immwatvenc;y, ends enforcement, ar arrangettxnts ar prac~cettiags invatving a <br />-°- L<. et '-_-- ~ arm •x evs~ ~:.,s rte Brrr;.aw£t ~ +=.°~ke st~'t ~; i ht~r~ =uch <br />..~=rte-~ ~.. x r~=~, _ ~-n.sz .~. y - <br />s,,..,` a~ take st~ls acthxr s. is t.:cesa., ra ~xgt~t Iinder" ir+.teecs!, including, teat nut tit t ltd to*. d+sbt+rsentent of <br />rogipnahiF ai(at'soy'a fiat taxi entry upon the e4roperty ea snake repairs. tr Lender rtyuircti marigage msurarrcc as a <br />e~tads of [Walking the keen sectttssi b'~ this Dead of Trust, Barrawcr shall pay the prcnaiunu rtyuireti to maintain such <br />itstswratice in effect lentil such tints as the r~ttirerrsent far steels insurancez tetmtnates +n acrarJanct with Bartvwtt ~ and <br />t.eisdari wridaa agreernast w law. Bttrrawer shag pay the arnount of alt martgagt insurancez premiums in the <br />nwndF' ptavided wWardn~paraRnahareof. <br />atq~mta fry Ltr~tr pursuant to this paragraph 7, with rntercat ttttrcan, shalt Ites;antc additiattal <br />iaxlaI~aeei~af 1~lrxrtrwer sezutCd by this Deed of Trust. t)ndess Hwrowu and Lender egret to ether terms of payment, such <br />atttvunis shall lee pryabk uptm ttotiua from Linder w Borrower rtqueaiing payment threat, and shalt hear interest from the <br />daro of tttapncnt at the me payable from time to trts~ on otxstanding pnncrpai under the Note unless paymem c.f interest <br />at.,tatch rttEs wtsuld be contrrry to applir:abk law, in which event such amounts shall tree[ [nearest ai the MRhest raft <br />pt[lairb~la unt3vr applitxtale taw. Ntuhing t:autained in ibis paragraph ' shall require Gender to inc.-err any rzpense ar take <br />say ttcgatt ice. <br />i, ~ i.:etider away nuke ar cause to tin merle reasunabic entries upon and rr:spectronc at the Property. L+rt~rrdt=tl <br />that ta~itt" f give Bortxtwer [wiles prior to nay such itsspet:tian spta:ifying reasanalsle cause thcrefar related t., tender°+ <br />rttttrtiat t!s the >~. <br />