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94 90350 <br /> Deed of Trust, Borrower shall pay the premiums required to maintain such insurance in <br /> effect until such time as the requirement for such insurance terminates in accordance with <br /> Borrower's and Lender's written agreement or applicable law. Borrower shall pay the <br /> amount of all mortgage insurance premiums in the manner provided under Section 2 hereof. <br /> Any amounts disbursed by Lender pursuant to this Section 10, with interest thereon, <br /> shall become additional indebtedness of Borrower secured by this Deed of Trust. Unless <br /> Borrower and Lender agree to other terms of payment, such amounts shall be payable upon <br /> notice from Lender to Borrower requesting payment thereof, and shall bear interest from the <br /> date of disbursement at the rate payable from time to time on the outstanding portion of the <br /> principal in Section I.A. of the Note, unless payment of interest at such rate would be <br /> contrary to applicable law, in which event such amounts shall bear interest at the highest rate <br /> permissible under applicable law. <br /> 11. Inspection. Lender may make or cause to be made reasonable entries upon <br /> and inspection of the Property, provided that Lender shall give Borrower notice prior to any <br /> such inspection specifying reasonable cause therefor related to Lender's interest in the <br /> Property. Such inspections shall include, without limitation, those made by Lender as part of <br /> the periodic recertification of eligibility of Borrower for assistance under the Program. <br /> 12. Condemnation. Subject to the rights of the holder of a prior deed of trust, the <br /> proceeds of any award claim for damages, direct or consequential, in connection with any <br /> condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of <br /> condemnation, are hereby assigned and shall be paid to Lender. <br /> In the event of a total taking of the Property the proceeds shall be treated as if <br /> received from a sale of the Property. The proceeds shall be applied to the sums to be repaid <br /> in the amount and manner described in Section I.A. of the Note. Any part of the proceeds <br /> remaining after these amounts have been paid shall be paid to the Borrower. In the event the <br /> proceeds are less than needed to fully repay these sums, the proceeds shall be allocated first <br /> to the holder of the prior deed and the remainder to that portion of the sums owed which are <br /> described in Section I.A. of the Note. In the event of a partial taking of the Property, unless <br /> Borrower and Lender otherwise agree in writing, the proceeds shall be treated as if received <br /> from a sale of that portion of the Property which is taken in the condemnation. The <br /> percentage value of the portion taken, as compared to the full value of the entire Property, <br /> shall be determined by dividing the condemnation proceeds by the fair market value of the <br /> entire property just prior to the taking. This percentage value, once determined, shall be <br /> used for calculations in c. and d. below. Condemnation proceeds from a partial taking shall <br /> be allocated in the following manner: <br /> a. First, in payment of interest on any Future Advances made pursuant to <br /> Section 25 of this Deed of Trust. <br /> - 7 - <br />