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<br /> If thc amount of the Funds hcld by Lender,iogether wi[h che future manthly installments of Funds payabl e prior ;
<br /> to the due dates of ta�ces,assessments, insurance premiums and ground rents,shall exceed the amount required to pay , _ y;
<br /> said taxes, assessments, ii,surance premiums:u�d ground ren[s as they fall due, such excess shall be,at Borrower's !
<br /> option, cither promptly repaid to Borrowcr or crcdited to Bottower on monthly instaUmcnts of Funds.lf thc amount i �
<br /> of che Funds l�eid by L.ender shall not be suffcient to pay taxes, assessments, insurance premiums and ground rents �
<br /> as they fall due, aorrower shall pay to L.ender any amount necessary to make up thc deficiency in one or more � -.���_ M
<br /> payments as l.ender may requirc. �:_:
<br /> Upon payment in full of all sums secured by this Deed of Trust, I.ender shall promptly refund to Borrower any ,�,����._
<br /> Funds hcld by Lender, lf undcr paragraph 17 hcreof the Propeny is sold or the ProFeny is otherwise acquired by `.ti'v�_�__-�' -
<br /> Lender, i,ender shall apply, no later than immediately prior to the sale of che Property or its acquisition by Lender, —
<br /> any Funds held by Lender at the time of application as a crcdit against the sums secured by this Deed of Trost.
<br /> 3. AppUcation of Yayments.Unicss applicable law providcs atherwise, all payments received by Lender under __�_
<br /> the Notc and paragraphs I and 2 hcreof shall be applied by i.ender first in payment of amounts payable to Lender by
<br /> Borrower under pazagcaph 2 hercof,then to interest payable on the Note, and then to the principal of the Noce. .
<br /> 4. Prtor Mortgages and Deeds of Trust: Charges; Liens. Bonower shall perform all of Borrower's
<br /> obligations under any m�rtgage, deed of trust or other security agreement with a lien which has priority avcr this
<br /> �, Deed of Trust, including Bonower's covenan[s to make payments when due. Borrower shall pay or cause io be paid _,
<br /> all ta�ces, assessments and other charges, fines and imposi[ions attributable to the Property which rnay auain a .�
<br /> priority over this Deed of Trust,and leasehold paymencs or ground rents,if any. ��41
<br /> S.Hazard Insurance. Bonower shall keep the improvements now existing or hereafter erected on the Propeny , .��
<br /> insured against loss by fire,hazards included within the�erm"extended coverage," and such other hazards as Lender „�
<br /> may require and in such amounts and for such periods as L.ender may require. .,;,w
<br /> Ti�c i,iaurancc �arricr provid6ng the in��ran�P chall he chosen by Borrower subject to approval by Lender: ' � ;•r,��
<br /> provided, that such approval shall not be unreasonably withheld. A11 insurance policies and renewals thereot shatl be �;�� ���
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<br /> in a form acceptable to Lender and shall include a standard mortgage clause in favor of and in a fo�m acceptable to ;_.tin::_ ,� _
<br /> l.ender. Lender shall have the right to hold the policies and renewals thereof, subject to the terms of any mongage, •,;flr; �
<br /> deed�f trust or other security agrecment with a lien which has priority over this Deed of Trust. ;��..
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<br /> In the event of loss, Borrower shall give prornpt notice to the insurance carrier and Lender. I.ender may make ��;
<br /> proof of loss if not made promptly by Bonower. ;
<br /> ' If the Propeny is abandoned by Bonower, or if Borrower fails to respond to I.tnder within 30 days from che �. :'.:
<br /> date notice is malled by I.ender to Borrower that the insuraz�ce carrier offers to settle a claim for insurance benefits, � �9i
<br /> � L.ender is authorized to collect and apply the insurance proceeds at Lender's option either to res[oration a repair of , .�
<br /> the Proper[y or to the sums secured by this�eed of Trust. -.a '
<br /> 6.Preservation and Maintenance of Property; Leaseholds; Condomtniums; Planned Unit Developments. �.
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<br /> Bonower shail keep the Property in good repair and shall not commit waste or permit impairment or deteriorntion of �..,a;.�:;._..
<br /> the Property and shall comply with the proviswns of any lease if this Deed of Trust is on a leasehold.If this Deed of ;,�� -
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<br /> Trust is on a unit in a condominium or a pluined unit devclopment, 8orrower shall perfotm aU of Bonower's -,r_,� ,��A
<br /> obligations under the declaration or covenants creating or governing the condominium or planned unit dcvelopment, .,>.;•3;_!,`
<br /> the by-laws and regulations of the condominium or planned unit development,and constituent documents, _F:,�__-�L-
<br /> ' 7,ProteMion of Lender's Securtty.If Borrower fails to perform the covenants and agreements contained in this .;,�,�,.,,... _
<br /> Deed of Trust, or if any action or proceeding is coir�menced which materially affects Lender's interest in the <__-:■•�•s�-�__-
<br /> Propeny. then Lendcr, at Lender's option, upon rotice to Borrower, may make such appearances, disbune such �:"--Y-
<br /> sums, including reasonable attorneys' fees, and take such action as is necessary to protect Lender's interest. If i�?�* "�- �. ^
<br /> Lender required mortgage insurance as a condition of making the loan secured by this Deed of Trust,Barower shall �. ;����.
<br /> pay the premiums requ�red to maintain such insurance in effect until such time as the requirement for such insurance �,-
<br /> tenninates in accordance with Bonower's and Lendcr's written agreement or applicable law. .j;; "��•r;;, �:
<br /> Any amounts disbursed by I.cnder pursuant to this paragraph 7, with interest thereon, at the Noic rate, shal]
<br /> become additional indcbtcdness of Bonower secured by this Deed of Trust. Unless Bonower and Lender agrce to
<br />- hc eof. Noth ng�y ontained hn ti�snpara�r�aph 7 ashall cq ie�Lende�o ncurranyBexpe se or9takenanyaac on
<br />� hereunder.
<br /> 8. Inspection. Lender may make or c�usc to be made rcasonable entrics upon and inspections of ihe Property,
<br /> provided that Lender shall give Borrower naice prior to any such inspection specifying reasonable cause therefor
<br /> related to Lendcr's interest in the Property. Form 3828
<br />� I � -761NE1�esoa� Pn9e3o16 Innils. ��_ . .
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