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<br /> '04-04-1997 DE�D OF TRU�T �
<br /> � . (Gor�ilnurtd) o ��,Z�6
<br /> _�.� .��_��:��—�
<br /> I � Rlpht To Cont��i. T�wtor miy wilhliold peyr►wnl oP nny lex,cssQSSmenl,or ct�lm In connect�on wilh n pood falth dlspulo owr IM obNpdtlan
<br /> to pay,49 lonp a�L�nd�fa Ir�e31 In lh�Pron9rty b n�t{Yc�pard�zwf. II�I�n or�se�o►Is filod�s�rosutl ol nno�npey��NlMus���N wilhln
<br /> 1 fiRe�n(16)d�ys�rta ifw tten prt.;os or,II o Iben h fi!sd,wi hl In filleen(16)d�Ys�N.�r Trusta h�s no;�o ol IM R1I M c�1►� ;
<br /> 1 Iien,or II rpuestod by Lander, dipos�l with LenGw ca9h a a suN�clent cOrporatq dursry bond 6r otMr G�curfry aHSt�ctory to L�ndu In tn , ,
<br /> amount wtBc�nt to dischup i►+�wn plW any cosb�tnd tttwrNye'N�es a ott�charQ�f It�a1 could�cctu��f�rwutl d� laeclo��xs a saw
<br /> � undor!ho Ikn. In any cortlwl,7rustor tha11 defcnd Itsatf and Londe�ad etsau s�usry arsY��fwrs+!IudO�TMnt tr�1or�s�ac�m�M oW1ru1�h�
<br /> � Prop�ry. 5"rwtar sP�::nnr.�l,cs�d;.r c:an�dd:LOn�I ob"�_�und^r eny 9��ty bond 1wMslwd in the centa5t proCaedlre�l.
<br /> I. Erid�ne�W Payn�Mf4 Trusla sh�N upon d�mand tumbh to L�nd�a�lbhclory�wdenc�ol p�ym�nt of ttN tau«w�►�tsm�rb and�fwN �
<br /> , sufhorfn ttw�pproprlaM povKnmxn►al ot6clal lo ddMvK to L�ndor tl any tlrtN�whtt�n atat�rtNr►l ol tM fax�s �oc1 ass�ssn�nb�pdnsl th� ,
<br /> � ��Y , .
<br /> lWdce Qf ConstrueMa�.TrustO�shaN nW1ry l.enQ�al leasl Ftfo�n(16)diys bNOn cny wak b cumm�nc�d.�ny Wrvbw�r�hrNthsd,a�nY 1
<br /> matedab u�SuPPN�d�o t?»F►Pnpwly.H any mechanta'r li�n, matwlslmen9 il�n.nr othK Wn caW be�uori�d oo�co�u►! o!1?u work. ;
<br /> cuvlca,or mataialt. Tn�sta wiq�on r�quest o!I.�nd�r furMsh to UndK advancs assuranon utlshclory to L�ndr Ilyt Tnnta un and wfN ; . ti.:
<br /> pay lh0 Cost 8t itiGh l��rA`J0.rrsS1L9. :;___
<br /> Pao�n u�►r�►a�E i�a�an�x�. rns rodo��ro r�o�rwnr,v ro i�s�n�w m.�c�y.r..pu+a a�e oad a Tn,s�. .�,�..� .
<br /> M�►t�nCa o11nSt�x�t�.Tnntor sl►a grocun and m�lntaln pdki�s W fke Insur�nc�wilh standud�xkndsd covw�e+�6oR�rt�snEe on s ..,;..::-:-
<br /> roplaCemeM bssb hv 1M tull Insunb8s wltw aovwinp aY Improvembnb on!h�R�al PropaN in tn amotiM tuMcl�nl fo�vdd�pp�fCS1'an d�ny
<br /> • colrtsurar,ce da�,and with e sttndud morlp��clause In Hva M lertd�r. Tnntor sh�l�lso p�ceun�nd malnWn compcMwr�siYa p�n�N =
<br /> iiaEilily Insurdnc�in 6uCh c�vu�q amovnb as Ler�dK rn�y rw�utal with W:.ti�and l.ondw bNnO nrrtwd as tdtf;tlWwl imur�ds In eu:h 1'Kb�ty
<br /> InSUrtnob pdiCiYS, AdGiUorWy,Tn�stor sh�Y malnWn such otlw trtsur�ncs�inc�udinp bui nd 4r.�IW to hrnrd,b►a�n�ss N�rtupYon,aM _
<br /> � . aalw insuntnco.as L.ondw m�y reasonabry reqWro. Pdicks shaM be wriKun In torm,amounts.cawrap�s uvJ basb rMtora�blY aocrA4►bi��O �
<br /> Lender and Issuetl by G corr�ny cr cximpart.'�r�r.anebly ecc�t!b►x lo l.endor. Trustor.uPon nquasl of L�oda�wiN d�liwr to Unda kom . .
<br /> � U�e to time the pdk�s or catilicatas of Insurance In fam utlshctorY to Lcnd�r�Includrp stipulaUons thd cowr(p�s x91 nd br canCMNd a V �;
<br /> a��s►wd�no�c.t�s�w�c�o�aays'prla writS�n notics to LM�dr. Each Insunna poYcy�lto atW fraclud�an�ndatar�wd provldnp fh�� ,
<br /> cou�aao In hvor ot l.endarwfi!nol trs Impak�d In 1ny way by any rct�omksk�n or c'.Mauft d Trustu w uty olhK p�to�. Shdld tM RMI --
<br /> Prcperty at any tlrtw becortw locakd In an arw doslpnatad by ltw Dlr�ctar ol ttw F�dw�Ertwpar.y�aru�s���wY�t�Ih��rtwd��� , _
<br /> � I�t�w,o,,qnutor aQ�s lo obt�ln ar►d matntNn Fsderat Flcod Incu'ano�fa tM f�unpald pr►nc�7a�
<br /> polcy in�tls set uredar the NoBnn�l Floo�Insuranco Peogram,or aa othawis�nQuM�d by L�nder.and to malntaln such Insuranos fa lM IMm d .��'� �
<br /> a. tM loan. . .
<br /> Appacatiaf of Pra�o�eCs. Tn�tor ShaM prompUy nonry Lender of any loss or damepe to Ihe Property. Lorxfer maY�o P��loss H Tn�ta �
<br /> .�, faws¢o do so witNn fifteen(15)daYS ot the casuo►tY. Whether or not Lends�s secui►Y Is tmpalred.Londer ma��at f�eiqcUOn.rece��e nnd netaln j,� -
<br /> roS►o�ia�nd a�epa{r 01 th0 $PrOpertY.�lf�L9ndBt eleDts 0 ePPry�D�foaBedstoreStOPatloneantl rePalr,nTrustOr Sh�I�reP� �aP�lh�
<br /> dart�aped or destrpypd Im�provements In a manner satts4actory to Lender. Lender shal.i+Pon salts�ctary prool M sucA�nQturo.D�Y a ;,��; ��a-
<br /> re�mburse Trusia kom ltee proceods ta Ihs reosonable cost d repafr a restaatlon N Tnrst�is nat In detault undor lNS O�W d Tnut. Arr! .�i7��ti�
<br /> .,.�,n,wr�Wntch Mwe not been d i s b u r s a d w H t dn 1 8 9 d eYS a l l e r t h e i r r e c e l p f i n d w h�h L e n d e t I w s n o t c o m m l t f e d b M e r e p d r o r�e s t a�i�d 1 :•?��:.�,�
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<br /> � t.�r��Yo"7 S����t0�y Lny QTT���ro�Q��V�����a a���III�II IO WY iLLT{lOi�IIlO�e74 6tN YA tP�On�w��^ � .,
<br /> ' mo;�.sftal be aPPAed to lhe pil�t�ul ba4ncs of the Indebtedness. It IAnder halds any procoeds afler paYroeal In h�of tl�IndrbSbnos9.such E°'':�-
<br /> • ''; prooaeds st�bo Pald lo Trustar as Trustors Interesb maY�PPe�� s���,_�-_
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<br /> ,. , '; 1fia�M'�d InMitN�C�M a�11. Arry un�o�ptred I�xunno�she/Inure io tlw�b�nMit of�and pass k�.t1w PurchasK d Ih�Prop�ry covs�sd by iNa �"--�—'�°�:
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<br /> o..a a Tn�►��.�y a��s.ti sa�.a ocn.r sa�s i»+a u�wu n�.a►o,r�o�a a ws oew ot rnx�.or a��nr ro�«�a��r.�ote or ouch wc�p.�►y. �:=��
<br /> rn,�aor��on��nw.«�c•. Upfln reQuest of Lender.now�,�er oa m«e fne,�o�o y�,r�ma sn.i nr�sn�o u�,�e�a n�on o��+ �~ =
<br /> .� .. . e�stlnp poNCy,ef�rrsuru�e aho,vlr�: c.)►,�a r�ame a uie�nsunr co)nw�Lsks�nsuroa: tc)tr»u�,a,M af th.P�Y: c�e„•v�P«h►Usuea. -
<br /> Trt�stor Shol.uponr�1 d��ItQW n�Indapondw��teAD 158r sadHaC�tayrmtO�Lendet dolo/mino ttw ash val�uYa��os►d ttw ��
<br /> ��.6va.;.--
<br /> ' ' prppe�tY• :'3!h'!��.
<br /> p�Efl�tTl1RE9 6Y LQIDFA. It Tnntor taW to cort�ty wlth nny provWon o(this Ds�d W Tnrst,or H any acUon a proceed�g b comme�csd tMt � _�.ai�
<br /> ,. � ID
<br /> would mat�rta�Y attect Lsndws In1orMls In the PropKty,LondM on Trustorb bWyB mari but Sh�Y rwt b�roqt�Ind 40,faks ury�ctio�tlint lw�dlr ��:
<br /> 4� dMnts approprleta, My�mourd�ha�Und�r�snd3 In CO Cdny wiN beot�Nerest at tho nt�provldsd tor In tIN Mo3s kom ths ddM lnCUrt�d or psW
<br /> by L.�ndK to tho OsM of nWYrrnnl by Trusta. A!I suah e�s�n�s.at Lendera oPtlon.wl1 (a1 a PaYa�on d�mand,(b)b�addsd to tM biiance �
<br /> of the Noto and De epporttaned�mon�and bs p�yabb wlth any InsteAment payrtienb to b�com�du�durkp eHi�sr (�it»Mrm M W�y�pP�� ����"
<br /> ��,.ti`", � ir�surana Ra+cr a n)�rema�r��am a�n.riois.a (r,)bs treatod a�a bolfoon PaYm�M wtYCh wil b�du�u�d WYabf1 at tM NoHa mntutity. ��':-
<br /> ���' rn�s o..d aT�uso w�n e.ccn a�rn.�a�n.Q.artws,ms. rne�+�p�o,nwa ro��in�s p.r.a.Pn a►�er b.in.ad�on�o fl�y oer��a a�ri ���_�
<br /> ron�s to wNCh l.wedsr may t�entiWd on aarounl ol Qhs dM�Wt. My�uch acHOn by Lender shM Rot be cantru0d�s cul�th�d�utl eo as to a ._�.___
<br /> bar L�ndsr kom ar.sr r�nr.�dy thnt tt otherwfs�weuld hnve htd. y°---``
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<br /> WARRAliT1f:DQFENSE OF T111E. Tho foNowing pravislons relatirop to owne�shlP af 4�o Proporly are a port of thfs De�d d Tnr_st �° -_
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<br /> + 'Ptrtk. Trustor warranb thst (a�Tn�stor hdds pood and merketFtb:s tltle of record to tho Propertry�f�(ee EIrt�p4e�treo and CkBr of�1 Aer�t And '��===
<br /> h. ' Em�>>mbrances othe�thnn tlase:,et forth In the Renl Property doscrlpUon or In any 6tle lnsurar►ce fDOT�cjr,tltle rep�t,or NnY tHb op�don FssuDd In � �
<br /> epvor d,an0 acCepted by.lender In cannec9on wlth thb Oeed of Trust,and (bD Ttusta has the 4uA riyM,power,and eulho�tly t0 exeCUtcs end .•=�'+"`.�—
<br /> . deNver thFS Deed W Ttust to Lender. �L�-��
<br /> Del�nN of TItM. SubJY�!lo tM excapUon In lhe parasroph obovo,7tustor wananb and wfN torover de/8nd the UI'o 4o tho PropQrly apnln:+t tM =�"���
<br /> 4�y(ul qdms pf�N pq�o�u. In tM went any acUOn or psoceadlnp 1s comrtwncnd that qwstions Trustors ti11e a tM Is�t�nst of Trus'lo�a
<br /> �;r J.•
<br /> ru
<br /> LYntlir undYt tNs QYad of Trust,Tntstor shall da�9r�d lha ac8on ot TnlStors�. Trustor may Ga the nom{n�l pluty In suCh prOCOOdnO,b�Jl _ _.
<br /> • La�dar ah�M�ntiiNd to particlpal�In 1M prawdirq and to bo ropr�ntad In tho proc6edinp by counsai oF L��der'a o�rn ct�olce.and - .
<br /> Tn�stor uriN doYwr�or auso ta b�dailv�nsl,to Lsndcr such Ir�trurrwnb as Landar may nquest from tlme to tlrno io p�mit such psrkctpa8on.
<br /> ComRNr�C�MYtEt�t.awr. Tnutor wamms that tho Property and Trustors use ot riio R'oPerN comptles v�in all erJstlnG�PP�b�e Iavrs.
<br /> �1 ordnances,�nd ropuuqtins M povemmental autnOr;iies.
<br /> GpN�1NAY�pN, Tho(pAo,erirp pro�islons relatlrtg 9a Condomnntion proce�dinps aro a parf of thts Daod of Trw1. �
<br /> qyytlCOq�p4 t1e! Pro�oeds. R aE1 or nny part ol Iho Property b condemned by eminont damoln proceadlnps or by in�procoedinfl or
<br /> purctinse In Ileu of condomnaUon,Lentler may at Its obcUon requlre that ell or any porflon of Iho a�ot procoeds ol tFw nward bo eppRed to lAp
<br /> Indobtodnoss or tho repalr a restora@on ot t�ts t�roporty. Tho not praceads ot the awatd shaA rta�an iho oward aftor payrtnont of alI roesonable
<br /> � ,�,exponses,nnd Yltomeys'fees Incurtod by 7rusteo a Londor In conr�eCtion wilh tho condemnallon.
<br /> prpCpetS(nQo, I}uny proceedlrrp In condemnntlo�IS fiWd.Trustor shnl�prompUy notity Londer In wdtlng,and Trt�stor Sliall promptly tnk9 cuch ,
<br /> si0pc es may bo nc�C�sary lo daknd ttw aCtlon and W Wn tho award. Tnntor mny be the nominal party In sucA proceidirq.but Lwxfor shoY � ..
<br /> � m�enliCod to particl�ata in 1hs procaadnp and to bo nepresent�d In tM proc�edlrq by counsal ol fts own cho�a,and Tnntor wiN dMivor or
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<br /> c�use to Iw d�Yva�d lo Landor 6uch Instrumonb as moy ba rsquastsd by H lrom tlrtw to Umv to permH such parUdpaUOn.
<br /> IMPOSlTION OF TAXE$�FEE$AHD CIIARGE3 BY GOYERNINENTAL AVTT16fil l fes. ine�oirowiry p�vv�'siuio iiiiaiq`v yv�a+:n�.mw..�.w.
<br /> � tees and ctiarpes Qnt n part of thb Deed of Trus�
<br />= Wrnnt TaxN,Fe��nd Ch�rqs. Upon ro4u�s1 by L�ntla.Trustor shall�mcut+such dxumenla In add8on to ttil�D�l of Trust nnd htcs
<br />- whabwr olhar dctlon b nquost�d by Und�t to pal�c.i�nd continu�L�nda's lien on th�RMl Flropwly. Trusta thaN rMmburs�Under for a11
<br /> ' + t�y�,as dqyoribod bNonx,topotha wNh all axp�nsYS lixurted In ncordinp, PafectlnD or contnulnp thla DeM o!Tnist,lncludt�p without
<br /> iNmltatlon d tax�s,fees,documentary stamps,�nd othsr charpes!or recordlnp a rsqlslerlrp thb�ood of Trust. �
<br />- Texes. The toltowlrtq Shall consGtute teues to whlch thts secUon epplbs: (a)a speCiflc tsx upon thls tyRe of Dead of Trust or upon aA or any ;
<br /> part of thn Indobtodness SeCUred by thls Oaed of Trust; (b)e speclhc tax on Ttusto�whlCh TrustOr IS eulhorized Ot riqUlred t0 deduCt hOm
<br /> payments on fhe Indebtodness socured by Ihls type of Deed of Trast: (c)a tax on Ihfs type of Deed of Trust charqeable apulnst tho Londor or
<br /> the holdor of thu hofa;and (d)fl specific lax on all or any portfon ol the Indebtedness or on payments of principal and Interest mude by
<br /> � Trusta. �
<br /> � SilbNqueM Taxts. If any tax lo whlCh lhfs SocUOn itpplies la enaated sub5equ8N to the date ol thls Deed of Trust,IhSS evd�t shctU have Iho :
<br /> ^ � ssme eflect eY an Event ol DefauH(es deflned below),and Lender may exerclsa any or e11 ot Iis evaf�ab�e remodies fa nn Event of Detaull as �
<br /> proNded below un1AS!Truslor Nlhsr (�)pays the t�x betore It becomes delinquent,or (b)contests Iho tex as provlded ebove fn ihe Texee and
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