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<br /> p� COVENANTI -
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<br /> 1. Pr/me�it�. Borrowu apreee to meke ell psYmont� on tha �scured d�bt whan due. Unle�e Bonower end Lender �pne o:Mrwl��, any
<br /> p�ymmU L�ndv roc�iv�s from Bcrrow�r or lo�kio�row��'� b�MIN WHI bY �pR���d Ilnt tn any amaunU Borrowar owM an tho eer.urRd debt �:_
<br /> �xclutiv�ol Int�r��t or princlpd, qr.ond to int�mt, �nd th�n to princlpd.I�p'utial pnp�ymsnt of th��ecured Asbt oCCUt�Por�ny rouo�,It wftl F
<br /> not rodua or�xcu���ny�ch�duNd P�yR�nt untll tF1ll�ctxNltNQt i�{f�1d t.�
<br /> 2.Ct�A�Nwt Titl�.Barrower wlil p�y dl t�x��, ���m�nt��. otlNr�Charpo�tVitwt�bN ta the qop�rty wMn Qua�nd wlll d�fand tltN {
<br /> to ttw{xop��tY�y�Inrt�ny cldmf which would Imp�k tha II t�dw ol trupt.L�nd�r may r�quln Borraw�r to���lyn Mny ripht�,cl�lrm or �'
<br /> , cNt�na�whlch Borrow�r mW hav�apW.ut pMtN�Wpp.sup�!a m�tMtel�to Im{xov�or m�)Mdn tlxi proparry• -
<br /> . 1 9. Mrx�ne�. Burrowu wlll ko�p th� prop�riV Intund ui�du trrm� tcc�ptaW� to L�nd�r �t 8or�awer'��Kpm�e mA for L�ndsr'a ben�lrt. All ��
<br /> - in�tx�nc�poliCN��hall InCk�d��tf�ndKd matpW�Cl�u�t�in f�vor ol Le��daa.Lcitidcr will ba nant�d oa fo7��nYR•'•nr n�the fmured on eny u�ch � _
<br /> �� Inc�x�nc�Polfcy.Any in�w�nc�p�ocNd�m�y W�adNd,wfthln L�nd�r'�di�a�tlon,to�ItMr tl►�nitor�tb�or►epdr o1 th�d�m�y�d proputy �_�.
<br /> ;...t.�i a to tM��cwed d�bt.I}Lued��nquka mortp+q�lritunna.Borrowv�prw�to m�IntNn�uch Insur�nr.�fnr��Ionp�t L�nd�r r�quln�. �:_.
<br /> 4.hapMty.Borrow�r wlll kHp th�proqrtY in poai canditlon and m�k�all nDa{r�n�sonably iwc�nuy. ��:
<br /> g,Ex�aM.Borrowor apn��to p�y�u L�nd�r'��xp�rnu Includir►p n�so�ubt��ttorneys'hu, if Borrow�r br�ak�eny cownant�In thl�d��d
<br /> � o}uua ur In�ny o6lfqatlon ncund by thl�deed of trwt.f�arrow�r will psy 1Ms��mount�to L�nd�r a�provld�d In Cown�nt 9 a}thi�dad of =
<br /> ' trust.
<br /> � !.Prlor 8�fnNrMb.Unl�s�BaKrown fint obt�ln� lendK'� written con���t,13orrowa wiii rat m�k� or pormit a�y chutipos to any prior
<br /> k �ecurity Int�r�s e. 8orrowsr will p�►torm �II oi Borrower'�oblipatbm und�r any prFor mortpW�.dwd ot trust a otMr �ecurlty�pnMm�nt,
<br /> � incfud)np Borrow�r's cov�nmts tu mak�paym�nt�wMn du�.
<br /> 7.A��iaer�t of RMq�nd Ro1k1•Borrow�r��tlpru to U�d�►th�nnts�nd proflts of tM prop�rty UnNss Bo►rowsr�nd Lender h�va�yre�d
<br /> otMrwfs�in w►Itlrq, Borrow�r m�y coll�ot�nd ntalo tha r�nt��s bnp as&xro►wt 11 not In d�bult.It Borrow�r d�fauln,Lender, L�nUer's
<br /> p�nt,a a court�ppointed nc�iwr m� tske poss�ttbn�nd manp�tM propertY �nd co1NoL tM r�nt�. Any nnt�Und�r co�bct� �h�ll b�
<br /> ° �� �nicsii�iy ntit�acp rii�if Ths�r�e�m�•inlrp�mount of rmU wi�tl►��n�+coplli to piYrrNniion tM iicurid diht ii�or�vWid in Cow�iM t�ny othw
<br /> �' O,����.Co�don��;pw;,,�sd pnit pav�lcpmem.Bonowar ep�rese to comMy with ttM provlslnM of my Isue If thli d�ed of t�uu fs on
<br /> �•�.. ';�;.� uedir tM cowM�ts,�byd-lavw,�w rpul�bni of tM�orxlo k�iium or pi.rxMd uoit+d�wkpm�P nt nt• �rawK will psrform�II ot Borrowsr'�duties
<br /> � 9. Aufl�odty of LMMK to Pwfo�m fo►{ortowa.If BorrowK fNls to_M►form any of 6orrowe's dutis�uride thie d��d o}trust,Lend�r msy
<br /> =- rwriam tM dutNs a ceus�tham to W p�rfam�d. Ur►dN may siyn eorrowK'�mme or poy�ny�mount i!nn�ew�ry tor pKfwmanc�.If any _
<br /> ' .�;c;�' ��{on on th�popwty Is ditcontkK»d a not cartbd on In�n�wrnbN matx�.Ur�d�►m�Y���tsve I�rncauary to p►otect L�nd�r'�
<br /> ;,;��' ��cwity InteetY In ti►�prop�rtv.7hi�m�y inchid�compl�tinp tM con�truction.
<br /> �;,�`1.,�.•�. Lendw'�hiNx�to p�rform will twt pnckid�L�nd�r hom�x�rci�kp my of it�otMr riphU undw tM law a tR�li d�ed of truct.
<br /> ��;-'{`� Any amounts p�id by L�ndn toprotea L�ndar's��axity int�rest will be s�cur�d by thi�de�d of ttust.Such�mounts will bs due on d�maod
<br /> :°t�''� �nd wfll b�nr intwnt ftom the dat�of tM paym�nt untfl p�W in tull�t ths intu�st nts In�if�ct on th�a�cur�d debt.
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<br />-.,_;i•._ ,%+�-:. 10. DMdt�nd Ace�Nfon. II&xrowK �aNi to make�ny psym�nt wMn due or bralu�nY cowmntti und�r tMt dNd of trust or any
<br />-mL�.'--`?;,� oblipatbn s�cut�d by thfs dNd of trutt a a�y prior morcO+A�w dNd of uust,LenMr may�caNrat�tha maturity of tM�ecund d�bt�nd
<br /> '^����'` d�muxi Imm�dlat�p�ym�nt�nd m�y Invok�th�pow�►of NI�md�ny otMt nmedi�s p�rmittW by�pplic�bb I�w.
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<br /> — —� 11.R�qt�t ior liolie�oT w*w�ii,ia i�itw�uy riy�iiii�2r�:.:�,p'sa:a!i:t:r.a2l�a!L'eft�!�e.e,A nat�bs nnt to each psrcon who i��party
<br /> =='�'_�,� henro.at tfi��ddras of��ch such pawn.as��t forth Mrsin.
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<br /> r°�^"�'�=^'"� 12.PowM of S�N.If th�Undv Mvok�s tM powar of say, the Tru�tN sh+H fint ncord k�ths oflic�of tM rspitta of dNd� of� cou�ty
<br /> -_�"�`,�� wtwr�in th�mut propKty a•som�psrt a p�rul therwf i�sitwt�d�noti��of cM}wft contalnina tM 1nlormatbn�puk�d by law.TM TrustN
<br /> ,::�ar,:� �h�N�Iso maU copf�s of tM notla of def�uk to tM Borrowe,to nch perton who I��party �u�to,�nd to othv p�rwn��s �scrib�d by
<br /> - f not in �ny
<br /> --.—� �ppUcsb{� law. Not Na tMn ane month �fter tiw Twt�e ncads tM nodc� o}d�fwft or two months If tM truat propMty
<br /> _�;���� fncorpwat�cl cfty a villap�and is used in h►mkq o��tioru cirri�d on by tM trwta•,the�rustM�h�N piv�publio notia ot s�lr to tM p�raoM
<br /> =� end in tt�m�wNr pn�c*iDed bv�pppNcabl�I�w.TruaN.without d�m�nd on 8orrowe,ahall s�M th�popKtY�t Dublio auctfon to tM I�ipMtt
<br /> =� pitld�►.I}rpuk�d by th�Ferm Homsttnd ProUCtion Act,Trust�e tlnll offe tM propety in two Np+�ut� aN�s u r�quired by �ppUO�bN law.
<br /> - - ---- -- TU�a ka�sly�m�Y Pwctuu�i�thi�o�pK y atManyiNs�bY�ir,arxiounc�rr►�nt�t tM tim��nd daa of any{xevlowly sch�dubd saM.
<br /> Upon r��of paym�nt ot tl�prlc�bld,Tru�tN�hall ddiwr to th��lurchaar Tructe�'�d�sd cornnyirp tM prop�rty.Ths nciti�coMNn�d in
<br /> ---- Tmatw'�dNd shNl M�rima fecN�vldisnce of the Vuth ot tM stat�rn�nts conteinsJ tlwroin.Trutt�e sN4 �pply tM ptocads of tM sal�k�tM
<br /> r�ikut�i�mint f�ia�lbl to II su�m��s�cu�d by thii�d�ed of�ttu�t,ind(c)the baisna.�ittiny,t o tlH�DKSan1 IspNly io'M�Nd�to�rtticiivsk.i� ��
<br /> -'-'� 13.Fa�R�.At I.end�t't optbn,tN�daed o}truit m�y be taecbsed in the m�nrror provids by appic�bb law f�r fonclosure of morty�psa
<br /> —_ on nsl property.
<br /> '�'�'`�� 14,Imp�ctloe.Lu�r m�y mta the praperiy to inapsct it i}Lsndar piveu Borrowsr natice beforehand.'Jhe notice must stats tM rs�wn�We
<br /> ----:'� cwts fw Lend�r's In:pectlon.
<br /> � 16.Con�+�lloa.Borrowar aas�yns to Lsnd�r thep�oceeds ot�ny�ward a cl�im for damspes connected with�condemnatlon a other takinp
<br /> � of�11 or�ny p�rt of tM propetty.8uch proce�dt will bs�pplied u providsd In Cavsnant 9,TMS attiprrn�nt It subJ�o1 to tlw txm�of any pr{or
<br /> v. -;'�� s�curity�prwm�nt.
<br /> �`'�� 1d,Waiwa By�xKCitinp sny nm�dY�wpabb to Undx,Laeder doet not qfw up�any riyht�to Iatsr ws any oth�r remedy.By mt�x�rdsirp
<br /> �� �� �ny rsmedy upon Borrower's d�}wit,L�nder do�s not wafw�ny r{�ht to IatK conNder ths�vent s Aefault if It happ�ns�pain.
<br /> = 17. JaNK�nd S�vs►r (J�htli!v,Co-slptwn: Suteswa��ir�d As�ip� �axd• Ali dutka und�r tMs ded ot trurt �re)oint �nd��wral. Any
<br /> Bnrrow�r who co•yipna lhia t]�d of uu:t but dw� not co•tipn tM u�dai�irq debt instrumentls) doss io only to yrant snd eonvey that
<br /> •-�..�.._.,.�� 8orroww'�Mt�re�t In ths prap�rty to th�Trurt�e urM�►ths terms ot thl�deed of trutt.in addition,wch e Borcowa agraes that tM L�nda�nd
<br /> _ �ny other 8orrowsr under thii dNd of vust rrtay exand,m�difv w m�k�my otMr chanya�in the t�rms of thl�deed of trust a tlw�sr.�x�d
<br /> -= d�6t whhout tTist BarowH't con��M md Without r�N�sirp tMt Borrowsr trom tM terms of this d�ed ot trutt.
<br /> ����e'�`'"��� TM dutNa�nd b�n�fit�of tMs d�sd of ttus:ahdl bind�nd 6enetit the wccetton�nd uslyro of Lender and 9or�ower.
<br /> _ "�='��� 1d.Notle�.UM�u ott�wie��squfnd by I�w.�ny�otic�to Borrowe shatl be ptvae by deliverinp it or bY mailirq it try certitkd m�ll addross�d to
<br /> Borrov�n�t th�pr��ddros�or�ny otfi�r�ddnts that Bcvrower he�yIven to Lender.Borrow�r wiY giw any notice to Lsndw by cwtiTNd
<br /> ����s��"� m�il to L�nd�r's et�on psp�1 uf thi�dNd of uu�t,or to any otMr�ddr�s�which l�nMr hu dsaqnat�d. Any other notice to L�r�r sh�H
<br /> �'-�:�,��: �` b��ent to Lsnd�r'e�ddrsu as�t�ted on pap�1 oi thi�deed ot trust.
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<br /> - - I��� Any rwtic��h�ll Da dNmfd to hive Men piven to Borrower a LerMer when pivsn In tM m�nn�r state e ow.
<br /> '::;�;.,:•�+�s: 18.Tnnrhr of tM Ptop«ty ur a e�ticid k►twNt In tM iwrow�r.If dl or o�y part of tfH�xop�r�y a�ny fnterect In it Is aold or trantfsrted
<br /> nr•. � ebt. Lmder msy dso demmd Imm�dlat�
<br /> -_i;�.�!,_::_, ;. ' without L�ndK'� prior writtsn conant, Lendw may d�m�nd hvnsdi�ts p�yment ot tM Neund d
<br /> , 'w....w �,� d�im.�andtPiynwnt�inrctf»�bow i tua�tiu i(t I�p�ohi�tsd by Mt�dsiil litw ai ot tlx datBe of twhl�i deb of vuc Mtfsrr�d. HowevK. l�nd�r m�y not
<br /> ;,.��t��.'e.:.�.y5
<br /> ' ` {���t''�.�" 20.R�conwyrnc�.1Nhen ths oWlpatbn secund by thb deod ot tru�t he�been pald and Lendar hse ao fixther oblip�tton to m�ke�dvances
<br /> .:;��"�,.�.,�:.''' und�r the Imtrummtt or�pre�mants�acund by thlo deed of trust,tM Truatee�half,upon written requett by the Lend�r,rseonvey tfK trwt
<br /> ,.��,;a;�. ' p�o�y.The Lsnd�r shat d�llver to tho Borrowsr,or to eorrower'a succe��or In Intereat,tM tru�t deed and tltie nots or other evldence ot the
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<br /> ',��'"�1,.' 21. SuecNwr Tni�tw. Lendar, st Lender's option, maY remove Truatee end eppolnt e suecessor trustee 6y first, m�fling e copy o} tM
<br /> • ':,4� �ub�titution of trustaa as rp�Ired by�ppllcable liw,ancf then,by tiling tha�ubatitution of truatae for record In tM oHfce ot tM�epltter of deeds
<br /> � of s�ch county in whlch tM trwt property,or�ome part thersot,Is eftueted.TM succe�sor trustee, without conveyence ot the p�operty,shNl
<br /> ' � ; succeed to all tM powsr,dutte�,euthorlty and title of tM Tru�tee numed in tAe deed ot 4rust ind of sny�uccesaor truatee.
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