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<br /> 1.Peymente. Borrowor aflruos to mnko all paymanls on tho snr.ur2d d��bt wnon duo.Uninrs BOrrOWOt and Lc�ntlt►f 0(�fA(i olhorv+iso,any paymonis
<br /> Londar recolvas Irom Borrowor or lar 9orro•Ner's bnnoht wili hp�RA)��3d�i►st io any amourdi��rro�vttr �wos on thn cecurerf dnbt oxclu&IVe o1 mir�rasl or
<br /> pnnap al,secon eniunt I Iho socurold dWt srpa��n lull.art�ai pfa�aJryu��'t ol Ih�socurod dabl or.curs lor nny r�acon, il vnll nol rodu�o or oxcu.,o nny
<br /> '� schedul9d pay
<br /> 2.Cielme Agaln�t YUIe.Borrower w�u pay all taxas.assossinanli;.3nd ou�or chargos atlnbi0nblo io tho prop�rty w1�on duri�nd will dolond Utlo to Iho
<br /> whlCh„eoriowo�may navo ga nst p rtlos wmo suPR Y IledoQUr�macar o ntntimprovo�orf�mn�mn n ttm�prqpndy�nr lo ar�i�n any riphts.Waims or dofonsa
<br /> 3.In�iurenCe.Borrowor will keep th0 proporty insured undur tnrmn ar.c�pmbli�lo Londnr�1 Borro�ve�'s oxpan�ra t�nd lor I.�indor's bnnold.Au insuranc�
<br /> pohcios shall mcludo a slandard mortgaflo clauso m lavor ot lond��r I.end�ar vnll bo nemnd an loss p�ycaa or as lhn maured on any such msuranca
<br /> debtyU Lender r qu es mortga�o Insu ancol�Borrowor agreos�to n�au�3 n sucn nsurrenc�or a:��iong.ir L��da�vqu�cic��(J�i prOporty�r to the SpCUred
<br /> • ..j. : 4.Property.Borrower wdl keep the property m good conddlon and mokA all ropaus retlsonnbly neCOSSary
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<br /> �• . or Exany obl gat on secuaed by i�s de d ot�rust.9orrowe��n11 pay t�l�noe amounlls tot LE�ndor ac prov dad n Covc�n nt 9 o I�s doed ot trusj deed c irust b ''
<br /> " � 8.Prior SeCUrlty Intere9ls.UNess Borrower liist Rdtamu Lc�ndnr's wntt�an consenL Bnrrowor�v�ll npt maka a permrt any r,han4es to any prior sACUnry ' .
<br /> mteresls.fiorrov+ar vnll perlorm all ot 8orrowxr�i c4�ipntione undur any pnor mongago.dot�d o1 Irust or oth�n satunty a�rt�omonL�ncludinc�Borrowor's �---
<br /> wvnr�a�is to ma;cc pay�nent�ri��en tluo. �=��
<br /> ; . 7.Asslynment o1 Rents end Protits.Borrowar�naigna to Lender lho rants and pratita of Ihe properly.Untess E3nrra�ier and Lerder heve a�jreod —
<br /> olherwise m wnhng.Borrower may coltecl antl retnin thn rr�nta an lonp ao Borro�ver ia not In dotault_ II D�rrower dc�laulln, Londer,Lender's agenL or a
<br /> �puh a1�ppfnted receiver may take possnssian�nq mpnnQn the proporty end collect tlie renis.Any rent�Londer colhtr,ts shall bo�pplietl 6rst to the �:,
<br /> � costs ot mareag�ng the property.�ncluding ca�d cafltu enei allcmeya'in�s.eommissiana ta romnl agents,and any olhor nqG�ssary rolated oxpenses.'fhe �,s,T
<br /> . � remaining amount of rents win then apply tn pa�menls on thn secured debt as providnd in Covenanl 1. �-
<br /> B.Leaseholds;Condominiums;Planned Uifli G1cvalR�imnrtta.Barrotiver agrees to compfy with Ihe provisbns ol any laaso if this deed oi Irust is on a —
<br /> lea5ef wld.tf this decd of trust is on a unit in a ctandommium or a p�anned unit devplppmunt,6orro�ver wdl porlam All qf Oorrower's duties undsr ihe .„�.:
<br /> ' covenanis,byIaws,or regulations of the r.andamimum ar planned un�t developmem. w�
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<br /> 8.Authority ot Lender to Pertnrm tor 8orr�wer.If Bnrrawer fails to perlarm any of Borroiver's dutf es under Ihis daed of trust,Lender may pa�form Ihe
<br /> duties or cause them to be parformed.Lender may siqn Borro�var's name or pay any amount il necessa�y br podarmnnce.If any construc!�on on ihe ti�;�y,
<br /> ' '�(- property is tli5tontinued or not Carned on in a rH89onA�la manner.Lendor may dD whntaver is nE?Cessarylo prot[+ct I.�nder's secunry interest in�he �.�.�;�,;
<br /> ��'' property.This may mciuda complo�ing the Conetructian• __
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<br /> ' lender's laiture to perform will not preclude Lender Imm exerr.isinfl any o!�IS other ngMs under the law or thisdr�etl p1 wst. Og��•__
<br /> �t �"� Any amounts paid by Lender to protect Le�der's 5ecur.tv mturest w�A ta�cccrcd h;th�9 d?arl nl IruFl Ruth�mount^!�!in be duo on demand and wiil 0. _
<br /> ;�; bear interest��om the dat�,oi Ihs payment un�fl paid in(ull at the intQrest rale in eflect on the socured debt. —
<br />__—______¢__�. 10.Default end Accel�ratlon. If Barrawer tala to mnka any payment when due or broaks any covenanls under this deed ot trust or any obligation
<br /> ''� � pnyment and maye nvoke thetpo�Ne�opsa'And9a nv�nn�remedies oermil ed by app!cablt�lA�yhe matunty d ihe sar:ured debt and demand immediate
<br /> � �- - -�-� _� - . N u.�� nn'ue nf 1hp nnti(`.GC 01 dRIAUII 3fi(I SaIB Y19 6011t IO�if1CI1 Rcrson who�s a parry hereto,ffi
<br /> - 'D it.Requeat tor N�tica oi GatuuB.Y is�nr�by ov�r.cic.....^.^_.,,.�..__..._ _ .. .
<br /> . ,�s�, the address o�each such perean,ao set forth horein.
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<br /> �'.,;�;��C 12.Power oS S�le.Ii[he Lender fnvokes ihR power of sale,the TrusiQe shall tirst record in the olfica ol lha iug�slnr of deeds of eaCh Caunty wherein t e
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<br /> �• ,��•,;� trust prope►ty or some part or parcel thereof la situeted a notiCe ot dateull Containinfl the iniormnllon required by Ipw.The Trustee shall 21S+o mail copies
<br /> o�the no6co oi dotault to the 6orrowRr,to each persan wno is a party hereto.and to othor parsons as prescractd by applicable law.Not less than one
<br /> � month aror the Trustee record�the nalice ol defuult,or two months if tha trust propedy�s no:m a�+y�ncarpar%aled cdy or vlllage 4nd is useA��tarming
<br /> oporat�ons carned on by the trustpr,the Trusteo shell giuo publlC notice of salo to tha P3rsons and in ihe rn�n�Tai pre;cri�ed by aDpliCtf6le 18w.T�uStoe.
<br />- �� without demand on Dorrawer,6hall BelCthe prOperty at pub�ic euction to iho hiphesl b,ddsr.U required by Ihe �arm H�mestead Protact�on ActbTrusblic
<br /> � ann�ouncementpat tho time and piaee ottatty previnusly sChodua�d s�aleb�Lender orr t designee�may pu ci�ase�ih�d p openy at any seho.pro�� y� ,
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<br /> ���i��:�i Upon receipt o1 paymant o(the pricp,bld, Ttustee shell d�t�ivor to tha purchaser Truston's doed convoyinF�the property.The recitats contalrCd in
<br /> • ��. Trustee's deed shall be prima(aciv evidence ot the truih of the statQmonts containad iherein.'frusino shrali apply tne ptoceeds of[Jle sale in the
<br /> _ 1eBOL:(bj to all sumst ecuru�iby lhie deed ot t usti and(cQtl aubalanCe.�it any.�ro he pa s,o srlagally en/lgd lo roco v�e it�t����ny 5 iees anQ remstalement
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<br /> J::����•r�}�,;. � 13.FoKCiosure.A1 Lender's opilon,thfa deed oi trust may bo(oraclosed in the mannor provido�by epptlwBic:law tor foreclosure oi mortgages on re81
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<br />�;="e.r.:_.�,. 14.Inap�etlon.Lender may enter the prapedy to incpect it fl Lendur gives Borrower notice balorohantl.7hn nolico must state the reasonable eause tor
<br /> -:�• - Lender's i�spectlon.
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<br /> � 16�60�rt Ol�the property SUCh`p oCeQds�v'��IIrEe apller!as p ovYdQd�nCovenant 1�.Thiseessignmetit k ub�ct to�the terms ol�any pnor��cur ty _
<br /> � • . or any pa
<br /> _ __;:, agresment.
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<br /> s�'.-,' 16, W�Irer.8y exercis(ng any remedy avpilaCle to Lerednr,Lertdur doos not piva up any righta to lau+��use any other remedy.By not exercising any
<br /> ='-�� •=� re�nedy upon BorroweYs defaulf.Lender daes not waivQ any rigBt ro IutQr Considor the ovent a dDl�uil II rt h�ppens again.
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<br /> "'�`�=='r,� �r,�pint and Seve�al Llabllity Co•signers;SucCenocra ertd Aas►pns Bound.Au dutles un�er t1iW deed of trust are joint and several.Any Borruwor
<br /> ,;.���� -� who co•stgns this dee�of trust but does not co-sign the endarlying d�bt instrument(6)daos so only!o grent and Convey that Borrower's(nterasl in the
<br /> °'""�'� properry to lho Trustee under lhe termS of ihis deed ot Iniol.In ddditfOn,such a Borroivor agree9 mat the Lender and�nY other Borrower under this
<br /> °'''•":��=• � doed oi lrust may oxtond,modity or mak0 any othar changas in ttio terms of th�s daed oi trust or tnu secuced debt w�lhout that Borrower's consent and .
<br />`� �� ='.� without te1085ittg thet BOrrOwer(rom tho terms o(�this Ct�ed of►ruot.
<br /> '. ' �� The duuos and benetits of thio dead ot trust sn�ll t�nd and bunefit tne successors and asslcJns ot Lcmdor and 0orrower. -
<br /> � 19. Notice.Unloss othQrwise required by law, any nr.ii��to Borco�ver shall bo givon by delivering it or by meiling it by ceAlflad mail addrossod to �
<br /> Borrower at the property address ar any othar address Uutt BOrro�ver has givon to l.ondor.Rnirowor w�ll g�ve any notiCe lo lender by Cedilied mdil to �
<br /> � Le�ders addross on page 1 of this daed ol trust.or tc any other address wliiCh Londnr haa designated.A�y other notiCO to Lendor:,hall bo sont to �_
<br /> ' • 4• Lenderc address as stated on pago 1 0l this deed of trust. «�
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<br /> ��;;;� � � Any notice shall bo deemed to h�ve becn g�ven to Borrower or Lender whQn�iven In Iho manner stated abova. =f__
<br /> � j � 7�.Ttenster o1 the ProporiY or a Beneficlal InleresS In the Batrower.If all or any part o1 the propony or any Interest In It Is sold ar translerred wilhoul �.
<br /> Lenders prior written cansent.Lender may demand+mine diAta paymon t o f t h e s o a u r e d c i e b t. l en d er ma y also demand immediato �a�ment il the �_e';"
<br /> •. ' � Borrower Is not a natural porson and a heneticial intsrost irt iho Oorrowar�s s0�d or ttansfarrad.Howover,lender may not demand paymant n the above
<br /> � � �•'��^.•� �„ siivations fl Il is prohib�ted by federal law as ol the date o�this deed of tn;st
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<br /> ,._r•Y __.__ 20.Reconveyance.When the obli�auon�secu�ed by thfs d�e�ed o�U��hoa be�paid�p n Qaunstbv ihe Lende r reco�nve�v lho trust pr p rtYeTho Lender �
<br /> - - - T � ,--'--':, - IfiSlfUmBntS or aflraambi�i5 bm.u.w �....o w....�.........' ""_=' - '--• ' --
<br /> � • shall deliver to lh4 Borrower.or to Borrowor's succossor�n interest.ihe uuat deed and th��noto or olher evd�nco of the oh!igation so satisiiea. 6orrower
<br /> " , shall pay any recordation costs.
<br /> ' 21.5uccessor 7ru�tee.Lender,at Lendor's oplion,mey remove Trustc¢and appo:nt n successor Irustee by lirst,madinp a copy of the substitution of
<br /> trustee es required by app��cable law.and tnen,by I�Img tho 5ubstdutlon ot tivat�u 1ot rE�r.utd�n Ihe oflice ol lt�a reglstor of doetls ot aach county in which ,
<br /> „ uthOrly and tdp 01�hg 7 u�00�efned fn lhB d88d ol huSt 0 d Ot 0ny SeCCt3350�t u Itit,'eyanC9 o11h@ praperry.shall succeod lo all tho pOwer,duttos.
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