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1 1 . . . � <br /> .� . � ., t� � .' . <br /> .� . <br /> .. ' �N.J .. .� _ - • � • � <br /> � . <br /> . Y .. • � <br /> �• .t.�y+,.r�Yp'.:'v. � ... .. �-'.. . .,.. . - .. ..._ _ . ,. __ "...... ,�. _ <br /> ��:f1� ',�i. •` ..- <br /> /l � . <br /> ... :.I�_'` . :�. . <br /> . lf/���_"'....... ..-. . i. ..... . .. � <br /> <L -... .._.....,._ _ ^-�_�{�-_ <br /> . i� ,+Il.t�••-�.�_ <br /> ,i . . mti <br /> J7�- �U�69 ,; <br /> [3. All futurc ndvnnccv fr�m dcncftciary trn T�i�stc�r or ath�,s futurc nbligntluns of Tnistor to Beneflcinry under nny <br /> promtss�ry aate,contrect, gunrnnty, or oshi:r eviciens�of dubt c�:istinQ nuw or execute�f nRer ttiie Deed of Trust , <br /> whether or not thls Dced�►f'frus�is sM:cifienlly refcerett tc�i�►tl�c evidcnce�f debt. <br /> C. AU obligalions Ttustor owc9 to f3cncFtr;lnry, �vhicii nmv e�aist or may latcr visc. to thc cxtcnt not prohibitcd by <br /> Ipw, including. but not Ilmited tn, UnbiliQi�s fi�r uti�crdtnftei relnting to nny deRosit accoant ngree►nent between <br /> �.� Trustor and RcncQcinry. ' . <br /> D. A!!edditlon?J sun�s ndvanccd��nd expenr.ea Irtcurn;cl Gy flc�nuficlnry for insurirg,preservin�or oUiee�vise pratating <br /> _j the Property and its value and any othur surn.9 c�dvui►uEal and ex�x:ns+:s iucureat by Qcrtficlacy und::r the tern�s of <br /> " this i?eed af Trust. plus intcrcst at th+i hig,hcst rum in effirct. from time to time. as provided in the Evidence of <br /> ,,::� � Debt. <br /> ° � „�,•• �. Trusror's perfominnce under die term�Af uny insttume7t evidencing a debt by 7'rusror to E3enefccinry ax�d nny Deed <br /> of Tn�at securing,gunranrying,or t�th�tnvfse«lt«Inp ta U�n�ebt. <br /> � lf nwre than ano person signs this Deed o�'Tnist �s TYustnr,etx�n Trustor agrees tliat thi9 Deod of Trust will sesure ail �� <br /> fucure advances and future obligetions descci�wd abov�d��t am giNen to or incurred by any one or more Trustor, or any „. �_;=- <br /> one or more Trustor and others.'ffiis Deed��f�'n�st wlll nat s�ims any other debt if&neflciary fails,wita respect to s�ch �w���i: <br /> ..a r 4P u�n:d disclosunr ahout this I3o�.�d of�`t+a�t ur if Bereficiacy fails to give any rcquired aotice of ��""- _ <br /> .� mh.. ..:t►..to:nc.._eRy ren ' ,•._- <br /> the right of rescission. „ _ <br /> . �..,,,- <br /> S. PAYIi�NTS.Trustor agrees to muke n1D�oay►taents on tho Sei:umd Oebt whce duc and in accordance with the cecros of the ,;;,,� �- <br /> Evi�ence of Debt or this Dc�ed of Tn►st. �'-�' <br /> ;-,..�,. <br /> 6, V','ARItANTY OF TITLE.Tcustor covennnte that T�uEtar i:�la��vfWly sei•r,ed of the estate conveyed by this Decd of Trust ;��;��_ <br /> �• '". �nd has the rieht to irrevocably grant,con�rey ans!sell eo Ttue¢t:e. in uust,with power of sale,the I'roperty and vvarr�nts �_�;;.-;;: <br /> � �o�the pnoperty fs uaancumbered.except for eacumbrnnoes af record. _y-_ <br /> p 7. CLAII4dS AGAIIVST TITLE.Tntslor w��l p�y all Inxts,a�:s�;�r�ats,li:�s,encwnbrances,lease payments.grounrl rents, �;:+1 t;-n <br /> h� utilities, and other charges relating to the PYa�erty when dua. p�neficiary u�y roquire'Trustor tn provide to&aeficiary ;y�__ <br /> � '�, oopies of all notices Wat such amounts an�d¢e and tho rcce�ui rvidencing Trusror's payrnent.Trustor will defead dde to .�:,-- <br /> the pmparcy against any claIms�hat woul�D irq�air the lien of d�in Deed nf Trust.'l�stor agrees to assiEu to Beaeficiuy.as ;4_= <br /> - � requested by Beneficiery. any riglits, claun+ or defenfles whirh Tcustor m1y have against parties who supgly dabor or _ <br /> materials to uaprove or maintnin the P►nperry. r • <br /> r. <br /> �; �; ---- �- _ -- <br /> — 8. PRIOR�ECURITY IIV'I`ERE.SI'S. Wi�Jh reg�rd to any ad�cr tinortgage.deed oi ausc, accuricy agcoancni vi��� ..� - <br /> �, docu�nc that creatod a prior security incerrst or encuwUrmce nn ttte Property and that may 5ave prioriry over this Deed _ <br /> � of T�st,Trustor agrees: <br /> , „ A. To make all payments when due azad to perform or can�ty with all cuvenants. <br /> � � B. To prompdy deliver to Beaefictary any notices tl�nt Tau�ar receives from the 6alder. <br />- . C. Not to make or peimit any modlf�;ution ar extension of,and aot to request or eoeept any future advances unda any <br />_, .. . note or agc�ement secur+�d by,thu olh�.z mortBt►ge.deed of trust or securiey agreement unless Beneficiary oonsents <br /> •:f in writing. <br /> � 9. DUE ON SAI.E OR ENCUNSBRANG�;.Be:ueficiary mfly,at its opdon.declare the entire balana of the Secuttd Debt to <br /> . be immeciiately due and puyable upon t�.0 crr,�don of auy linn,ancumbrance. trans�'er,or sale,or oontiacx for any of t3�ese <br /> on the Pmperty. Howcver, if the Pcop►zcty inctuda Tme�nr's residence,this section shall be sublect to the n�tcictions <br /> =°."� - ° i�osed by federal law(12 C.F.R.591),as applicable.For die pucposes of this secdon. the te�m"Prnpercy" also inclucles <br /> •. ; .°:. .} . , an3�interest to all or auy part of the Propr,rty. 11us covcnFlnt�'onll run with the Property and shaU remaia in effxt until the <br /> 3°�.°�: "' • Seciued Debt is paid In fWl und this Deed of'I'mst is rclr.ased. - <br />-- � � 10.TRANSFER OT AIV INTERFST IN"l`�I: GItAN'POIY. IP Trustor is 1a endry other than a nat�al person(such as a <br /> _;,_ � oor�aration or other orgaiilzattoa), Benoficiary mey dcm�nd iminediat�e��yinent if(1) a bencficial interest in Txustor is <br /> " sc�Rd or transfexre�l; (2)tlierz is a changc in citlier thes idc��iiy or munber of inembers of a parmec�hip;or (3)2btre is a __. <br /> - chswge in ownersWp of mor�e Qhhan 25 petvent of the votInII sicck of a corporation. How�ver.Beaeficiary ma}r noi Gemand _ <br /> . �. paymcnt in the above altuations if it is pn�hit�ited by lnw us of the date of tiris Deai of Tkust. � <br />_" '��,• <br /> 1 - 11.ENTITY WARRANfQ�S AND REPR�.�I�771".�lTI0N3. IP Trustor is an entity other than a natural person(sucl► as a =_- <br /> ,.,,�R. �, coiporation or other organizatian), Trustor makes ro i3c�cfiuiary the following warr�nties and repi�esentations which shall � <br /> . � b e continuing as lon�e s t h e S e c u r e d D e b t r e m a i n s o u t�'����.�o�: �__ <br /> "s A. Trusror is an entity which is duly organi•r.ed and vnlidly existing in the Trusror's state of incorporatton (or T <br /> orsanizadon).Trustor is in good ata�diug iu all stntu¢in which Tnistot transacts business.Trustor has ths powcr <br /> a and authority to owa thc Properry and to cany on its busiress as now being conducte� and, as applicable. is �.."��=� <br /> � qualified to do so in each state in wlm�h Tcustor opennes. ��;�;__ <br />- : `���rl:,;�:1 B. 'Ihe exocudQn,delivery and perfaccn.wce of dds Ty�of Tcust by Tmstor and the obligauon eviden�sd by the •�'}.�, <br />�. ,��';r��i• Evidence of Debt are within the power of Tn��,:ar, have been duly authorized, have reeeived all �ecessary �5ki <br /> ' govemn►ental epproval,sind will not violatc any p[+n��asion of law,or order of court or goveramental agenc3�. . <br /> - �� C. Other than disclose�i in writin� Tcustor has not c8nnged its name within the last ten 3ears and has not used any <br /> other trade or fictidous nacne. Wi�Aout Beneficituy's prior writtea consent,ltustor dces c�2 wd will not use auy <br /> other name and will preserve its e:ciseing nflme,hudt names and franc2uses until we Secured��bt is sa6sfied, ' <br /> --- - - �_-_- 12_PROPEYtTY CONDTITON. AI.TERA 1'�ONS AN1�9 IIVsP'EC['ION. Tmstor will k�ep the Property in good a;ondition <br /> __ - _ - <br /> and make all repairs that are reasonably ru:cesssuy.T�rustnr will givc Bcacticiary prompt notice oi any ioss or aamag�iv - _ <br /> the Property.Tn�stor will keep the Prope�2y froe af nor,louc wesds aud grasses.Trustor will not initiate,join ia or consent <br /> to any change [n any private restrictive cavenant, zoniug oniinance or other public or private restriction limiting or <br /> defuilng the uscs which may be made of L�e Prnperty nr any part of the Property. withnut Beneficiary's pcior written <br /> { consent. Tcustor will noafy Beneficiary of all dcmEndb, proceedings. claiuons, and actions againnt Trustor or any other <br /> 1 owner mude unde*law or rcgulation regsu�ding use,own��ip and occupancy of the Property.Ttustor will comply with all <br /> 1 Iegal requircments :uid mstrictions,whed,er public or private,with ccspecc to the use of the Property.Trustor also a� <br /> I that the nature of the oecupancy and use will not chnnge�vitliou�Beneficiary's prior written consent. <br /> ., � . <br /> � No portion of the Propetty will be removed,demoli���d or materi�lly �Itercd without Bcneficiary's prior written consent <br /> except that Trusror hu the right to remove items of p�asonal property comprising a part oE the Propeny that become wom <br /> papo 2 or G <br /> - � r • p 1997 Oenttr�Sy6tomL Int.51 C�au4 MN It�D00 797�27�11 Fu+m AOIG9 Oi�NE B/13�90 <br /> _ <br /> - .. . ..... __.._ ._"�t_.—.___.._.......-_... . . <br />