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<br /> ' COVENANTB •9�� 1�)�js�� 'r ?�
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<br /> 1. Dnyreserf�. E1ar�ow�x spreee to meko ell paymonte on the aecure� debt when dua, Unlesa Borrower and Londer nproe othorwlea, nny
<br /> pe�yments lnrr;sr rerr�ivon from Oorrowor or tor porrowor'o bannflt witl bo op�llod fl�et to ony amounte Borrowor owon on tho eocurod dobt
<br /> not reduce c��}excuoo�u:nylechedufeQ psymenttuntil ttie iecu�ed debt Is pald In full���repaymant ot the�ecured dobt oocure fo►any reaaon,13 wlll
<br /> ?.CIN�n�I,gnk��t Ttli��.Borrowar wlll p�y eil tax��,�aastment�,�nd other cha►pef attrtbut�ble ta ths property when due�nd wdl defend titte
<br /> to thA Rrc+C�rty aqslntt any clelmi whlch wouid Impak ths Ilen of thia daed u4 truat.Londer mey requlre Borrower to e�eipn sny rlpht�,cl�imo ar
<br /> defenna wh1r.T+t"farrpwer may hwe�palmt parilea who supply I�b�r or m�tQ�lel�to Improv�or mdntaln tha property.
<br /> 3. Insur�r�.�• E16rra►v��r wiil k��p tM prop�rty In�ursd under tsrmo acaptobl�to L�nd�r at Borrow�r'��xp�n�s�nd tor Landsr'� herntit.All
<br /> IncurQnca�^�Ir.{'°s�^��Inc�u6o o stonderA mart{�ape clauee In invor af Londsr.Lend�r wlll b3 nrme�a�Inte paYea or es the Insured on my Ruch
<br /> ' insursnce�Failr,y.Any Incunnce proc�edi may M sppll�d,withln Lender'�dlscretlon,to sfther the reetontfon or rsp�ir o4 th�d�m�p�d properiy
<br /> or to the a�civcd cletii.If Lendar nqutrRa mo►tp�p�Insuranr,e,Barrowu�yraes to meintaln�uch Iniuronce for ss lony as Lend�r nqulre�.
<br /> � 4,�r�porty,Elarrowor will kaep the property ln pood conditlon and rr�ake ell repdre reason�bty necsssery.
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<br /> � 6.Experrtea.Elorrow�nr aprsea to pay all Lendar'�axpen�sa Inciudinp re�sonable attorney�'fees,if Borrow�r bre�k��ny covsmnt�in thl�d��d
<br /> _ � �, of truat cr li�eny ob6ipptlon escured by thla dead of vutt.�orrower wlll pay theae emounte to Lendsr as provided in CovenAnt A of this dsad o}
<br /> truat. '
<br /> ,cj-' 8,pr{o�Sseuriiy N:�itens2a.Unloac Borrovlar firet obtelne Londer'e written coneent,Bnrrower wlll not meke or permli any chanpea ta eny prior _
<br /> ,�`, sncur6tjr Ir�Utreat.s. Elt�rrower wl!I perform�II ot Borrower'�oblipatlona under any prlor mortg�ge, deed of truat or other sscurity aqreem�nt. ..;
<br /> -.f includir.p E1C�rowet'a sovenant�to m�ko p�ymsnt�when due. •_
<br /> ` 7.Rstk��nr•rt��A o4 Rt�nte end iholft�,Bmrowot e�algne to Lender the ronta and profits of tt�e property.UnteBS Borrovler and Lender heve eQroed ��
<br /> '"�` otherwt�te ho wrlAing, Borrawer mey collect end roteln the rents es long ae Borrower le not In defauit. If Borrower dafauite, Lendar, Le�der'e �'��
<br /> agant, cr a.cowrt aripointed rocelver may take posaesaion end m�nage the property and collect the rente. Any rente Lende�coitects ehotf ta '''�
<br /> eppliad frtt to thr�Gnata of manapinp the praperty. Inctudln� court coate and attorneya' feea,commisslona to rentsl egente, and any cther
<br /> necasaaY rei.�tad o�onses.Ths remaininp amount of renta w 1 tMn epply to paymente on tl�s secured debt as provided in Covenant 1. �� -
<br /> i!, ," 8.Lw�tr.hte•CeM,irNf�k�iwns:P1r�d Unk DwNopn�ts•Borrowsr aprses to comply with tM ptovitlont of pny fease I1 tl►ts deed ot uust ii on �
<br /> }S':' ';:�' a U�a�ir.ti9.I�thls ctnad of butt h on s unii In o cottdoriitNum ot o plannad unit davalapmant,Banowar will parfarm all ot Barror:sr's dutfaz �`�_
<br />- ;t'r!- •,":• unds i'^co�r:n;!!t?p,by-�ews,or regul�tions of tM condominium or ptanned unit Jeveiapmsr►t. __„-
<br /> .ES;;:: ��'.,.�t. 9.A�y,,�}����{��o P�fam for�ortoww. If Borrowx f�ib to p�rform eny of Borrows►'s dudes undsr thb deed o4 Vuat, L�nci�r may --
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<br /> �. •-�i:;� pertorna Lt,m duciau nr cauae them to be performsd.Landar may sipn Borrowa's nsme or psy any amouM If necesa�ry for peHormar�ce.If eny
<br /> ,,:i����.'„��:.�il conaVUCtir,n on tPx�`�oPenY��diaconttnued or not carrled on in e reaaombte mt�►nr,Lend3r may do whatever ts neceasary to proteat l.ender'� .._-
<br /> �;;,�� �;;�S securiEy Ir,tt�est In thro Fropsrtyl.Thli m�y Inciud�comptstinp the conatructbn.
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<br /> +1': '`• �. LertdaYS f.tih�rm to pnrtorm.rlll nat preclude Lendsr trom sxercisiny eny of ftt other riphU under tho law or thb desd of uus4. _
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<br /> �;���� 't` AnY a,m:a..riis puld by Lendsr to protsct Lender'�security Interest v�ill be secursd by this deed of trust.Such emounts wlll be due on demind -
<br /> �'��� end v�f11 Qau hiterei:t hom the dat�af the p�yment untfl psid in ful�at th�e Interost rate in eftect on the secured debt. "'`
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<br /> . r{:, 1p, Dr1�1 ww!Ats.:slwWa�. If Bonower fail�to m�ke eny paymenY when due or brs�ks any coven�nu under thii deed ot trust or �ny
<br /> 'y/ � :� � oblip�C�cn sscurad tN this desd of nust or any prior mortp�ps or deed ot truct, Lendsr mey ecceierate the m�turity of the aacured debt�nd
<br /> ���,�• '�rr���,;� dem�M In.�,r�ndtstm trayment�nd may lnvoko the powsr of eNe and any other romedie�psrmitted by applicable law. �,
<br /> '�t__.—�:�,� 11.Raa,wt tar NrAic�o!D�tault.It is hereby requeated that copiea of tha nodcea of defeuit end eete be ssnt to eaah pereon who Is a p�rty �:
<br /> ".�- � �. hereto,�t tt+e aQdrase ot aacn such pereon,as set ror[h i►erein. . -
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<br /> . �. �y`�.� 12.PaAw�o19sW.IP tM Lender Invoka the power of sele,the T�ustss shall firat►ecord In the offlce of tfie repister of dteda ot�rch county =
<br /> � � whsr�ti�tM uust propNtY or som�part or pxal thsnaf b situ�ted a notice of default containirW tha InformaSion required by I�w.TtM T�utte�
<br />-• ��: � ah�ll aluo rrsaH copSno o}tAe notic�of def�ut4 to the Borrower,to each peroon who ia e party heroto,and to oYhbr per�ons a�pr asafb�d by -
<br /> � ��``• applicatha I+tw. !krt less than one month�fter the Trustee records the notice of defeuft or two months if the uuat p►operty is not In�ny
<br />- �. IncerY:a�et�d cKy or viilep��nd is wad In farminp op�nttom carrkd on by the trustor,the frustes shall pive public notice of sais to tM p�nona
<br /> �� aMi'u.�t1»rrtann�ir pnacrihed by�p�lic�ble law.7rustes,without dem�nd on Borcower,nhail ssll the property et public auc�on to the hlphest
<br />_ �� hldim.10 requlred by tM Farm Ftomt�sts�d Pnot�atian Act,Truatno ahsll oHer the property in two sep�nts ealet as requiraal by applioab{s law.
<br />-� �� Le�mSuu cs�iti d�iai3�o miy purchase the ao sFeny cat e^yia�ie�by publlo�nno�ncement�t the time and place ot eny previoust�p achadul�d uk. _
<br /> `; Upon rcul�4 ot pa.vment of tho price bld,Truaee ehell deltver to the purcheax TruKee'e dead conveyirW the propertyr.The recitleb cont�fned In
<br /> � ��' Trustss's�s�►sll b�prima fscte evldienc�of the truth of the�tatementa contained tt»rein.Trustea ahall appty the proce�ds of the s�N In tM
<br /> ,�;�; - folbvri��p udw: in) to rll exp�n�e� ot ths ule, includirp, but not Iimked to, reason�bls Truates'� few, ruaaonabls attorney'� feeo tnd
<br /> re{ns:staavent tmom;(b)to NI�um��ecured by this dasd of Uust,and(c)tM bal�ncs,It ahy,to the peraon�tepatiy sntftied to recdv�it.
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<br />��,: �K�,,_,..,, 13,�aacbwu�.�1t Lender's apUon,3his deed of truat mey be forocloaed in the�nenner provida by applicable taw far foroclosuro of mortp�pe�
<br /> t,,;�1�,�1�„�;:.. on reaf�rt�partY.
<br />-%- - `'���'' 14,Irn�ec4an.l.9nder may enter the ptoperty to inspect it If Lender gtves Borrower notice beforehend.The notice mu�t�tsts tha reasan�bte
<br /> '�.;:.v�: .,ri' :
<br />�;°-�:�..�f;- . <` caus�fce Landma'm fnspeatbn.
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<br />_�°: .,�i, ,� 1 G,C'er�miati�o►.Bartowsr nclpn�to Lender theproceede ot eny awerd or claim tor demapea connected w(th a condemnaUon or other takinp
<br /> -„ p1 e�y pr,any�att ot tM property.Such proceed�will be epplied ea provided in Covenent 1.Thia aselpnmsnt la subJeat to the tetms ot�ny prior
<br />�r� "'r:'� aettrYty'/Qfa�1'rv6nt. •, _ ..
<br />- �.�±� X� 16,WYhw.p►�exercftirp any nmxly av�tlabte to Lender,Londer doe�not piw up any riphts to Iater u�e any other romedy.By not ex�rci�inp • �
<br />:�..:;�... , . my r�ntndy��KK'�Burrow�r'�def�ult,L�nder doeo not watve�ny ripht to I�te►eonelder the svent�defsult If R A�ppena agNn.
<br />_-"';,��,:':;,: ' 17, ,J�it�ue �nfl SwKSt�: Co•sig�r, Succasson �nd As�ians Bound.All duties under thfs deed of trust ero ►otnt end sover�l. Any _
<br />��,;��p: Borrovsvr wl�rr ao•�ipn�tM� eed of Vua hut daa� not co-alpn Me underiYina debt Inatrumontla) does so onty to prant and convey that =
<br /> . �r;.� Borcoawr's h•r.eroet In the propeny to tM Truaee undsr tha terms of thla deetl of truat.In eddition,e�ch a Bonower nyro�s that the lender end =
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