10210 EVERGREEN WAY 2018-01-01 MF Import

l � chargcs and impositions in connection with Borrower or the Property as Lender reasonably I deems necessary to protect Londe�s interests ("Other impositions"). Such sums for Other �i Impositions shall be deposited in a lump sum or in periodic installments, at Lender's option. j If required by Lender, Borrower shall promptly deliver to Lender all bills and notices with respect to any taxes, assessments,premiums and Other impositions. Unless Borrower and Lender otherwise agrec in writing,Lcnder shall not be required to pay Boaower any inteiest,eamings or pmfits on any sums deposited with Lender. AI] sums deposited with Lender under this paragraph 3.1 are hereby,�ledged as security for the Secured Obligations. III.2 Annlication of Deeosits. All sath deposited sums shall be held by Lender and applied in such order as Lender elects to pay such taxes,assessments,premiums and Other Impositions or,upon any Event of Default,may be appiied,in whole or in pazt,to the S ecured Obligadons. The arrengement provided for in this Article III is solely for the added protection of Lender and entails no responsibility on Lendcr's part beyond allowing due crcdit,without intaest, for the sums actually received by it. Upon any assignment of this Deed of Trust by Lender, any funds on hand shall be turned over to the assignee and any responsibitity of Lender with respect thereto shal]terminate. Each transier of the Property in accntdance with Article N below shall automatically transfer to the transferee all rights of Bocrower with mspect to any funds deposited hereunder. Upon paytnent in full of the Secured Obligations,Lender shall promptiy refund to Bo�rower the remaining ba!ance of any deposits then held by Lender. III.3 Adivatment�to Denosits. If the total deposits held by Lender exceed the amount deemed necessary by Lender to provide for the payment of such taxes, assessments, premiums and Other Impositions, such excess shall,provided there is no Event of Default and no event which would consdtute an Event of Default if not cwed within the time allowed,be credited by Lender on the next due installment or installments of such deposits. If at any fime the total deposits held by Lender ate less than the amount deemed necessary by Lender to provide for the payment of such taxes, assessments,premiums and Other Impositions,Borrower shall promptly deposit the deficiency with Lender after receipt of written dero snd &om Lender. III.4 ('ondition�l Waiver. Notwithstanding the foregoing,?ender shall not require the payment of reserves as provided in this Article until a delinquency occurs in the payment of any such taxes,assessments,premium and Other Impositions,or until the occurrence of an Event of Default or an event which with notice or the passage of time may become an Event o:Default. ARTICLE N g�STRTC'I��TC ON T[�r'SFER OR fiNCL�RAN .�E Neither the Property nor any parl thereof or interest therein shall be encumbered, sold(by contract or otherwise),conveyed, or othenvise transferred by Borrower;nor shall there by any change in (i)the ownership or control of any of Botrowe�s stock if Honower is 13 9soso Y � 9 � � l