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<br />_'`f . . : 4 1. Paymar[to. Horrowe� agresa to malce a0paym arrts on ths saesued deht whon dua. UNesa Borrower ar►9 4ftnder ogree athenrriss. �ry �... -
<br /> -� ��; �� paymonte Lender reeeives irom Bortowet ar for Bmrower's benefd will be apq11aQ Nrst to am�amaants�troiver owea on tha asaued de�t . .�y • �
<br /> . ..� waWuslva a!intere4t ar C�D�.Seeond to Irterast.8nd than to Prfnei�at.If pAittAl�PteA�ant ot tha Seq�t�dQ�t oCCttre fot eny teeson.it wiU �r ..
<br /> r tlot teQuse ot OzCUSe arty sd[eQtded paymert tmtit 4h6 SedAed debl is paiQ Ut ft1fl. � � .
<br /> L -- ?L T�!!��'1t�?.Rnnn4ywr vsiU ersa�r a11 t�.srscemonta.w!rMher i+NwnRn ate►:luafaf+tn en�he.v���.wM�..w"�•�.-w-�+...�.w � - -
<br /> :. to ths pray��r�y against airy elatma whf�woufd impair ths lisn of this Qtted.af.truai.I.a�de'r may require�arro�vst so assigrt atry dgMs.dahns ar .•
<br /> . . detansss whtch 8arrawer ma1/hava�e8afist patties who St�ply tabcr 4r.rtutarFate m im{ttave or meintain tha ptnp�tty. j ' •�,�`.
<br /> °ti� .. f� •` 3.tr�.Bartower wiil keep ths propeny fnseued under tertns aaaaptab{a ta Lertder et Barrower's e�anse and for Lemler's bsnefic A4 �`.r..�
<br /> _�< I . . . `. ins�ance pofNes sha11 tnctuQa a stendard mortgage dause in favor ut,lanQar.lender w116e named as t�ss paYpe or ea the iASUred on any� •�. :. ..
<br /> - � . ` insiusnce pohcy.My Iesivance praeeeds may be a p pGed.withi»len6eP9 dkscretEon.m either the restoretion or ro p n k of ffia Qt�ma g ed p ro p e r t y ;�� - .
<br /> �,� ar to U re seeured de h t.U le�sder re m ma ,
<br /> � � :::n:_�; 4�+v� �8e i n sutanee.Borrower agreeam maiMain seich ins�aatica tw ai ldn9 es Lender requires. v..,
<br /> ` ` " `_�__ 4.P�roparty.Bonower wnli keep the property in good wnd'ttion and make ail repnira reesoaalsty nec�sary. _J���4�
<br /> "; �Y"�' 6.6 c p m�s e s.8 o r ro w e r a�e e s t o p a g a T';,�r r a a r's e x p e n s e s,i n c l u d m g rt t a s u n s e 6 t e a tt a m a y s't e e�„?t�L�s r c a e r b t o a k a a r ry covena n t s in t h is Eas d if h�� =�.
<br /> 2 ��S� af[rust ar in arty oDligation seeurs:�hy�•deed of vust.Borrnwer w3t1�aµttresa amaums to kc►o3a:as p-avi4cd ir�Caven�nt 9 aF rSrs deed oi " '��i��.'`s
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<br /> t c�z ����� �����'� 6.Ralar Sse�aity Irt�sesta Urtcess�sr�w�-�st cb�s lender's wriuen.cunsent,Barrawer wiit noi make or patmit nny cl�anges to any prler �` `��,
<br /> � t .n.Y���` Y'��,s seaaity irster�ests.Botrowe�witl�a-m�aE nt Harrowars o6GgaUons umter am+ prior rr[ortgaBe, daed o! vust ar other security agreeme� , ��
<br /> + e � a r"°�1i S'-� inetudmg Bortow�e�s tovenanLS to rtta,.`+a gr-ayments when due. _.
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<br /> ' �f' t rr �, l.Aeat�un nrtt of Renta and Prafite.Bar�ower assigns w Lender tha ranta artd proHts of the propeny.Un!oas 8arrativar and LenEer have agreed
<br /> } ' cthervviso in writing, Borrower may coliect and retain tfie rerAS as tartg�au 8oirowar is not in defauh.H Borrowar defauits,Lender, lender's 1•" ��
<br /> '�"�; � � • Y -.;�`-'� , agenL or a caurt appointed receiver mey take possession and martagA tha property end colle�ths�erKS. Any rents LenGer collects st�all be r` '.
<br /> � applieQ firat to the cqsta ot mana the property,irtcluding�cpuK GoCto and attomeys' fees,commissians ta roma!a Qams, and any otfie� �' ' 'i: •
<br />--�;;1 ,' ne�ssery retated e�er�sea.The re�amawt of rerne vuiU then appfy to ppymaMe an tha seeured 1teb2 aa pTOYided in Csvanart 1. �� ,
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<br /> :��:,. � � 8.Lea� CanCemW�s:Ptms.ed unit Dm��.Bor►ower edruee t unit�devol�opcne�nt.B�arrc+air�er wiDny It+eiso H ehla daod ot trust Ia cn ` .. . . °
<br /> a fooa0hofd. �thia deod ot truat ie an a unit tn a condomiNum ar e pterr��d parform ae of Bortower's Cutto� �'..
<br /> J. ' unCtu tho covcnente.by�taws,or rogutaUons ot tDe eondaminium or ptanned unit dwatopmont. � '� �
<br /> ' ,. _,. 9.Autho�y ot Lat�Qa►to P�arla�m f�Boftawat.If Borrower faifs to�{prrn ony ot Bnrrowoi'e dutiss urvder thts d8ed of trusi.Landnr moy � Y �
<br /> . = pe►larm tho dutiae or causo tRem to ba porfarmed.Lender may sl8n 6amuvnPn namo arpay any nmount it noaassary tor psrtarmartco. H enp -
<br /> _- ` . -t�� , eonatrucUon an the R roaany(s dlscanttnued ar aot cturiod on in a roasnna�lo rnanaar.Loadar may Q�whstovor i4 a0r.�saery to protoat Wn6aPs
<br />_ eecurlty interaet in t he prapeRy.Thia may Incfudo eomplotinp ttw eon€ttttptlan. .. �;",..:::'
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<br /> - �• --, Landar'o 1a(turo to po�4arm w(J!not preolude Londor tram exareIsing any.•ai No athar�r�Ma urtdar tho law or thie dtre0 0!tnnt. ��. •.:��,
<br /> ' ' „ Any emounta p01d Dy LonCor w promat Lsnde►'s seartlry intorqtt wHl he secured by this Qaed of tivat.Suet��m o3u►ts wUi 6a due on domand - � ` '
<br /> _ , : ena wlil hear irttere�t�rom the sate ot the paymem untll pald In hALet�thp imotost roto in eNect on tha securofl dl�t. ��'>,:�:�:
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<br /> � � � 10. Oof9+at end Aeeatoiaflan. If Borrower faiis to mako Atry,puymerrt whan due ar Ereaks arry eovemeMS nndnr thla daed of uust or arry ��
<br /> " , obligatlon seeureQ by thia deed pf uust o►a�ry prior m flr.dead ot uuet.Lendar may acceF$reto tha mAturity of the eecure0 debi arM � -�� ,_-�
<br /> Eomand immediate payment end�nay invako tho pawm.qt�qat pn0 arry other remodies permitted by�n lew. �
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<br /> ' � : 11.Ro�reat tor NaHco o!Oed�fL ft ts hereby re4�e�pdithct;aopies ut�the nodcea of deteuft anG safe 68 sem.to each person vuho is a party
<br /> __ • 'I, ;.•;, hereto,at tha address of eaeA such parson,as set iardl�hersf�,. � . ;�,�;�
<br /> - , .� ... �'' 1Z.Powd af Sade.It the Lende�irnmRes the p0w�r�oi(siAb,,ttto TrustGe shafl flrat recard in the c.+fv�01 Uq tpglbtCr a�f deeda o!eactt cou�y► �,�� . v ,
<br /> , � , � wherein Ute Vuat propetty or some part or pareai�hiinaptfFS 6itu6t�a na8ce af defauft cartaintn8 E�rsiniarmefbn taquUed.6y iaw.Tha Trustee �- -�
<br /> � shail etso mail eo919s of the notice ot defautt to•tNa 8mrmvm�.to eAUh person who ia a party�iere�,and to.Oif►9r pataons sa preacribed by ;�,:,, �t
<br /> � � epp t i c a L te faw. l l t o t tess t h an one mo rt t h a f t e r tl i a tcu$tte reamda tha nattce af detauFt,or two raarfft►s i f th9 tnut proparty ia not in any 4�
<br />_'�,. „ < < IncorpOreted City otvi(lage and Is used'm f�mhsgop 8rptio»t oarded on try ihe trustar,the Trustee s!xxi glve puri;io n9tirs ot safe ta the persons �� i�r�-.,
<br /> � and In tho mannet prescn'bed bV appp4�hle taw.Yrustae,.without damand on Barrower,shall sel!Cva rty � �'f����^��
<br /> ' bidder.it r CV C�A$ et publlc aucNon to the h3glr�st , �„b,�
<br /> e4uhed bY the Fann HamesYSaII Protaetion Aat.T�ustoe shaU offar the praperty in twa cq�YUOte ss»$as tequirod by appticabSa taw. ����
<br /> . Trustee may postAOne sate oi att or a�y parcef ot tha propa�ty,by puLiia announcement et the tis�e�vd p!ap¢►ot•otry praviousfy scheduted sale. ;:�. �;' -
<br /> �.s;_ �` lender or its designee may purchas�2tra yroperty at•atry,Siil�.. . ���,'�� :�_�
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<br /> �� �, � " Upon receipt of paSmrertt of tha yrice 61d,Trustee sbL.1;dEA:y.�to the purohaser Tnuteo's dee0 tanvaytng t�h�g=vo rty.The�ocitiats oontained in .
<br /> � � �. �, fr � Trustee's Qeed sNall ba perma Eariae�ridisnce ot tha tnnt�.ot�ihe stetemema camained i.-.cr�retn.Tn�stee SIf3►1 Ep,1fq ths procoeQ&ot the sal9 in the �J� ,. �� �-�
<br /> ,, r � totlov�fig order. (a)to a9�xy�xsa>.af the sate, iq;.+u�g,.put•not Iimited to, �easanabte Tn�!Ee's lCes,roasonable sttomay's fess and �+ -, ,
<br /> ' ' ,. t,,,., :� reinstatemert teas;(b)to all sums sa�hy thls deed ot�trust,and ta)tha balanca,if arry,to the p�ans te ��;�.�
<br /> >J' @eayr B�tied to reCehrO it. t•: �, � r� „
<br /> �= � '`r�'F,�� ,: 13.Pm�doau%At Lenders option,2h�daed ottrust�mtiy,6a toreclosod in the manner provida�y a�tieab:�lsY/tor foractoaura o!mortgages ��� �� ����"� �
<br /> . an�eal property. i•.'�:��,���, '.
<br />��,.' � . .. , �`, 14.tnspoettot�.LenQer may enter tAe property todnapeot it�if.Lende�gtvos 8arrower noUce batoret,,nd.Ths Mto�r�x�si stato the reasonabte : ���:�`t��-`_�--.
<br /> '"�� . ;�.; eause far Lsnder's inopacUon. . ,�. �ti��?;;y.-�-
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<br /> - . •, 16.CanQsmnaUan.Borrower sssi�rt�ta Lender tt�A:pcse0t of i any award or ciuim for Ca:nagas ec�J-�eted with a gandemnetion ot otha�teking ;, � �
<br /> of all or any part of the p�operty.�ueh proceeds wi17 ba tsyp',n3d aE providod in Covena:t t.Thia ass:�nment ia sub;ect to the torr�s af arry prtor � ; t�r�i �°-
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<br /> s_ . . . '':' t8.WaIver.By exercisi.�g asiy reme avetlabte to l.vnfll.+�,I:endw doea not givo up e�,r ct3hts to Iator uso anV o�r remody.ey not exercising :.;.�.,,:
<br /> ,�;.�,� •; arry remoCy upon Borrowo�'s detavtt,lender do3s r►st,wat.�arry,righi to tater considsrr c'so evem a Qefautt(f it hap�pons agaln. ;' ,. . --�:�
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<br />���- ' '��� 17.JoiM mt0 8avcral1,��;�;Co�3g�ars: Succesauru anp�Arst�s Bnund.AO dc.�es undor ttis Qeed of tre�st ere jolnt anA aoveral.Any ;�,;�;�:�'.µ�
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<br /> � , Bonawer who casl8ms tte�deed of auss brn eeas ntii•oasl�n.ttt9 und ng dobt instrume�riris} doee so onty w grant aM comey that l.;�,�. •
<br /> � • Bonower's interest in the property t�tAe Ttustee und9r tNa tormi af thlc dood of trust.in aAQ'rtion,suoh a Bonower agrees thst the lender and . ;�`"'��i?i"'j �
<br /> ',;'y:� . �• �, '�'' emr ather Borrower under thfs dee0 09 uuss may extpn�;.modif�ar.mako ony other chartgea in tha tarms of thta deed of Vust or tha sacured f s"�`,<`-•
<br /> debt wlthout that BoROw¢r's consam an+!without refgasing+thfrt aonowar from tho torms of this deed ot Vust. ' !^;7t{,�;;:r�:;�y
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<br />-T� � _ Tho QWea and benefits z1�is deed of trust shall btnd and benatft ihs suceessora and assigna of Londar and Bonawer. ; ���;*�� �•:!. .� ..
<br /> T • � �.; . 18.!lottee.Unlesa otherwfse reqa'ued hy 1aw,any noUee to Btrrowar ahotl ba givan by defivering ii ar by mailing it Dy certifled ma31 aAdresaed to '�" � ����1�;r{�s; �..
<br /> '. ., S,, , Bortowar et tha propaRyr b9�resa or any�other address thst Bortowm.has a t►mn to Lendor.Bortowet wi0 gtve eny notice to LonZsc Dy certiflad }•�. ��.,�t�..
<br /> -- m a i l t o L e n Q e r's a Q O r e s a a n p�g e T o Y t n i s d o e d o f t r u s t,o r t o a n y,o t h e t a d M e s a w h l c h L a n d e r D a s d e s i 8 n a t e d.Arry o t her no Uee ta l an der e hafl ��` " ����?n}� ��'
<br /> _-'�'±�,-,S'�'; � r�'�� ba som to LanCer's aCQre:s as steted on pa8e 1 of this 6aed of truat. '�' `���'�
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<br /> -� .�•.; ,• ;i! Amr nc8c8 shall ba deemsd to have been given to Borrowrar or Londer wh�n givon in tho�anner stated a6ovo. � �
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<br /> � � t9 Trnnshr M th��raparty or e Bensftettl tnterest tn Ut�Banowm�Ibol7�or any pan of the property m erty intotcst in tt Is sots or vansferted �
<br /> � � ' Deymo�nt ith°o Bortower is not e neat�iaaleDeason a dee nbsr�i.��f1C1eA�lm�ospin tho Bor owor ia sot°dobva s�na0 HowmrerBLonder maey►�not �
<br /> �� �$t� Qamana paymorrt in the above situaUona(f it Is profi161tod by foderr�t(ew�as ot�tho date ot thfa deed o!unst. � �. �
<br /> -_ � � . • { 20.Rxonveyance.When tho obligation sccured by thla deaA of vust•hom hoon paid and Lender has no turtlwr c6figation to make advances '
<br /> __ . • . : � unAer the instrumente o�agroements securod by this deed o1 trusL the 7ruatoo sholf upon wrttton requost bY the Lender,raconvay the truat
<br /> ---= . • D►operty.The Lender shail Qaliver to the Borrower,o�to Bonower's s�c:ossa�In intorost tho ttust daed and tha notv or other ovldonce o!ths
<br /> ___ ; .. • ohltpaUon ao eatlSfled.Bortawer ahall pay any tecardation coste. • • .
<br /> • , 21. Suceasaa�Tivatoo. Lendar, at Lender'e option, mev removB TruatOe ond nppoint a successor Vustoe by flrst, mailin3 0 copy of the ' �
<br /> subatituUon o1 uuatea es required by app8cabto Iaw,and then,bV fiiing the subatllution of trusteo tar rocord in the oitice of the rog)stor of deeds ,
<br /> of each couMy ln which the uust property,or some Dart thoreof,la si2uatacG Tha succossor trustea,without cronveyence o}tho proparty,shell
<br /> - _ . � suceeed to all the power,duties,authority and titto of the Truatee named in tMo dood ot trust and of any successor busteo.
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