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<br /> �� COVEMANTi ' "
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<br /> 1, p�ym�nts. Ba•-�war epree� to mske �II peymante on the securrd debt when due. Unl�i� Borrowsr nnd Lendar �yre� ptll�fWise, �ny
<br /> p�ymmt� L�nd�r neolw��rom Borrow�r or 10�Botrow�r'� ban�flt wtli b� �ppli�A Ilrst to any emount� Elo►rower owea or� the eecured dnbt Y
<br /> nxaludv�tlf Int�n�t or pilnclpal,��cond to Intt+n�t,ond th�n to princip�l.Ii p�rtl�1 pnp�ym�nt of the ntcur�d d�bt occun for my na�on, It wtll _
<br />- not ndua ot oxcu�r�ny�clydukd P+Ym�qt untll th�s�cund d�bt I�pild In tull.
<br /> �
<br /> ° 2,CI�Mn�A t TNN.Bdrrowrf WII(p�Y�II t�xn,��soam�mt, �nd othse chupe��ttrlbutiblo to th�prop�rty whm du��ncl wlll dolsnJ tltie
<br /> ta th�pr p�r t.iOY�+IMr,whkh wou�d Imp�lr th�Ii�n o}thl�d��d nf tnut.I.�nda m�y nqulrs florrown to nslpn�ny rlaht�,cl�lm�ar
<br /> 4 � �f������vh�� �ow�i maK 1yv�pa{r�1 pMtlo�who�upply I�bor or m�tsrld�to Improw or m�lnt�ln ih�prop�rty,
<br />��: -
<br /> 3. InWx�nc�. Borrower wlll k�op th�propert-y Insund und�r t�rm�ecc�pi�bl� to l�nd�r�t Borrow�r'� exp�n�� �nd for L�ndu'� Mn�fit.All _
<br /> � Inwnnc�po�ici���hall fnclude�atandord rnortQaGu Cicu:o In}avar ot Lendor.L�nde�wlll 6n named ee loee payee m u th�Inwrad on any tuCh _
<br /> Intur�na poflcy.Any Imunnc�procwd�m�y M rppll�d,wlthln L�nd�r'�dl�crotion,to�itl�er ths re�tontion or npilr of the d�mapod prop�rtY
<br /> � ,..t,p,�if1�� or to th�secund dabt.if L�n�lu raqulre�mortpiy�lncur�nc�, Bo►row�►�pn��to mslntaln such inaurancs}o►at lony u Lender requlnt. c
<br /> �_
<br /> • � �� � ,,ptppKty.Borrow��will kaep tM prop�rty In pood cnnditlon�nd m�ke dl npdr�nnon�bly n�cawry. �,_:
<br />!���M�� 8,Exp�nEa.Borrow�t�proes to p�y ell l�nd�r's exp�n�a Includinp nawn�bf�sttomey�'f�n,if Borrow�r hruk��ny cowmnt�In thi�do�d =_
<br /> �;.
<br /> o}trutt or In�ny obilp�tlan secursd by thl�d�ed of trust.�orrow�r wfll psy tl»s�emount�to Lend�r s�p►ovided In Covm�nt 9 of thl�de�d of _
<br />--- �j truat.
<br /> � ' sea�snt�ru��.�BorrowK wlll pi�rtorm ilif oftBaio�wir i oblipitlons undir any prlar moriy 0�di,d a}truatr�mitotMr iec�ltjrtap�iimintr �
<br /> Inciudirp Bortow�r'�covanant�to make paym�nts when dus. _
<br /> �'' 7,A�Aonrt�t of Rw�t��nd Prolftt•Borrawsr aaslpns to Londer tlH nnu�nd p►ofit�of the proporty.Unless Borrow�r and Lend�r h�vs�pn�d _
<br /> othawfis in wrkirp, Barower m�y colNct�nd ntaln tho rent� a�lonp �s Borrower ia not In dsf�ult. I�Borrow�r dsiwit�, l�nd�r,l.�nder's
<br /> ,°6 � I aysnt,or� court appotrt�d nalv�r ma tak�post�sslon�nd maney�tt»pr�p�rty �nd coll�ct the nntt. Any rsntt Lendsr colwcts�hall M
<br /> -". �ecii,iry ril todixpinsii f TM r,mlilMrp amoPient of rinti wlll then�pply to paYmint�on tM iicur,dmdi6bas provi�did InQCovamn�l�ny oth�r
<br />�-4..'�:.;'��•� .
<br /> '`.,, g.���.��r PI��Unit p�wioprn��ts.Borrow�r aynts to comply wlth the provislona of any Isa1e If thii d�sd o}uust I�on
<br /> u�e��ahoW. 1�th1�dNd oP autt is an a uMt In�condomlrtium or�pi�d unit d�v�bpment, Borrow�r witl pertan� all ol Borrowar•s dutiss -
<br /> -;��;_::r::•'. und�r tM cownant�.t+y-law�.a npulatbna of th�condomlMum a p1�nrNd unit dav�bprrwnt.
<br />,�.:.:.:_
<br /> g, ��y o}�«��p�m fo��ortewM. If Bouower tdl�to�rf orm �ny of Borrower'�dutle�und�r this ds�d of truat. L�nd�r m�y
<br />- � ., pNtam tM dutN�w cRU�� th�m to b�p�rform�d.UM�►m�y sipn gorrowK'e nart»a pay any�mount it r�cesaxy tor puformancs. It any
<br />=�-;T;;1�'..� ocnsm�ction on th�prop�rty i�di�contirw�d a not c�rl�d on In�rason�QN ma�ner,Lend�r may do wh�tw�r b n�c�spuy to protect L�nd�r's
<br />`��.'- � ' s�c�xity intw�at In tM property.ThI�m�y includ�compl�tinp tM conatruation.
<br />�'�`�:i�' Lend�r'�i�flun to p�rtorm will not pnckid�L�nde trom nx�rchinp�ny of its atMr rlpht�undsr tM law or thb d��d of uu�t.
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<br />��'�:'��''"3 A�y�mouot�p�W by Und�r to prot�ct Under'�s�curity int�nat will bs sacursd by th�a deed of trust. Such�mounts will M dw on d�m�nd
<br /> -�"' snd wiM b�ar Inte�at hom ttN det�of tM paym�nt untN paW In full at tM IntH�at r�t�In sHer,t on tM t�cund d�bt.
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<br /> �,,;�••�p••� �p, p�{��nd AeoN�rMioo. I} Baroww f�Ila to mak��ny psym�nt wh�n du� w braks my cown�nU und�r thl�rM�i of uu�t a any
<br /> `-t:�' obfipatbn s�eund by thls dNd of trust a any prbr mortQay�or deed ot trust, L�nda may acaleut�tho m�turlry of LM��cw�d d�bt�nd
<br /> ;,,..;
<br />-_,�r.n�r ,. d�mand Imm�dl�t�paym�nt and m�y Invoke the powsr of�d��nd my otMr rertNdi�s p�rmitt�d by appliwbl�law.
<br /> -°=�••=a ��,n;;�,i;;�r;",�':a!�i-:..�'!.!S 3�!Wr4y tw���.ar�ihwr ceoles ot the noticea ot daf�ult and wb ba sent to��ch person who IF a pety
<br /> 5��f'�� Mreto,at ttN�ddras�of sach wch p�rson,ae tet forth Mreln.
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<br /> -�'-"�k'��. 1Z,reww of iW.If tf»Ler�r Invok��th�pow�r of saN, tM TrustN shd!flrst ncord In tM offics of tfw rpistw of ds�ds of ach caunty
<br /> -Y�=""' w1�dn th�trust(xnpety or tome p�rt or pxcsl therwt b sltuat�d�notice of defwlt conta(nInq ttn(nformatbn rpuind by law.TM Tru�tN
<br /> �����' ahalt dso mafl copl�s of ths notic�of default to tM SorrowK, to e�ch panon who {a�pxty her�to, �nd to other arwM ssp���cait»d by
<br />—=u'=�?n� �pplk�bb larv, Not pp than on� month aft�r tM TrustN ncordt th� notice ot default ot two month� If the trust prop�rty t
<br /> � not fn�ny
<br /> Incaporatsd c}ty a vfN+ps ond�s u�od�n farminp opK�tion�cxrt�d on by the uuttor,ths'Fru�tN shaN piw publlc notic�of�ab to tM p�rwn�
<br /> �;i���'� and In the mmnK lxacrib�d bY•PPP�icable law.TnutM,wittwut cNm�nd on 9orrower,shall�ell ths prope►N�t publio auctlon to the hlpMst
<br /> bWd�r.If requind by tM Fa►m Homest�ad Prot�ction Act,Tru�ts�thail afie►ths prop�rty In two sspnrAte��h�at rsquksd by applioebN I�w.
<br /> -�- Lin�a fti d�ix�lpn�i�miy purch�ii Mi�copKtY atiny s�bY publia annauncemsnt�t tM Ums�nd plac�of�ny p�evbus�/achvdubd s�.
<br /> - Upon r t of paymmt of ttM prie�bld,Tru�tae�ha�l dsllv�►to th�purchatx Truatee'a deed convsylnp the proparty.Ths recttials eont�In�d in
<br /> -;.;���, TYu�tw'� shall M prlms(�ck�vldNnce of tM ttuth af tM st�t�meMt confakt�d therefn.TnutN sh�ll�ppty tM proeNd�of th�saM h tM
<br /> ----;:,_;�; toNowkp wde: (�) to NI exp�na�� of tM ��N, Inchidlnp. but not Itmk�d to, reawnsbN Tructae'� f�ts, ro�ionabN attwrwy'� fe�� �nd
<br /> _-- _- rNnst�tornnt faN;(bl to all euma wcund by thl�dNd of truet,and(el the bal�nes,If any,to tM peroone Ieq�Ily entltted to nc�iw k.
<br /> -...:�.SS�
<br /> — 1�,►oe�WoMx�.At L�nd�r'�opUon,thlo dNd of trust m�y b�for�cbsW In tM+m�nner provlde by apppcsbls I�w fa forecloturo of mortpe4et
<br /> on n�l propsrty.
<br /> --�� 14.MMp�otlai.Lsnder may ontM the property to Inapect It I}Lender qlvea Borrawer notice befaehand.The notic�mu�t st�ts the nawn�bN
<br /> � cwN fa 4ender't in�psotlan.
<br /> � 16,Cot�d�nx�tlon,Borrovw��teipn�s to I.endsr tM�roc�eds of any award or clalm for d�m��es connected wlth a condamnatbn a other t�k(np
<br /> __�= s}����:�t tM prop�rty.Suoh procsed�wlll be appHed as providod In Coven:nt 1.7hls usignmmt I�wbJect to ths term�ut eny prior
<br /> - -=s
<br /> 10.W�.By sxercl�lnp any rsmedy�v�ll�bN to Ler�r,Lender dosi not ptvs up��ny ripfitt to latx u���ny other remady.By not�xsrcl�fnp
<br /> ��� �ny r�rndy upon Borcower'�e d�fwlt,L�nd�r dws not walv�mY rlyht to lat�r co►utd�r the event�det�ult If it happens ay�ln.
<br />_-_ ��, ,loN�t�nd g�yK« Lt�tr; Co-�ip�n; 8ucewson and AsN� Bound. A11 duW� und�r thla deed of trust�r�Jolnt and aeveral. Any
<br /> gorrowsr vvhp co•a{qns thls dNd of tru�t but do�� not co-atpn tM und�rlyIrq dsbt Instrum�ntla) does �o only to p►mt�nd conv�y that
<br /> g�pyv�y;nbnet��th�prpp�rty tn tM TruetN ur�r tM txmfy�of thia daW of trust.In additbn,rueh�Barower a�rees that the Ler�dM�nd
<br /> �- d�bt vy�tt�t Borto�ti cor�iaint�nd wltmhart�o a inp ith t Borrow�ir�from tF�i4 ma of thle clNd of uust m�e deed of nu�t or tlw seaxsd
<br /> TM duti�s and Mn�fiu o}thte ds�d of trust shyll bSnd�nd baneflt the succ�nton�nd a�il�ne of Lsnder and Barrovwr.
<br /> �- - tt.NsYo�.UnNss otMrwis�requkad by law,any�otice to F3arowK Rhall bs plven by Qeflvsrinp It or by maf8rp it by aertlfied mail add►ess�d to
<br /> ----v-- Borrov»r et tl�pro Wdrea or rny�otM►�ddr�s�that Borrowsr M�pIven tu Lsnder. Oorrowsr will pive eny ratica to Lender by csrtiHrd
<br /> � � maM to L�ndrr's et�on pW�1 of tTMi dNd of trust,or to�ny other Wdr�ss wMch t.endar h�s deslpnated.Any other notic�to Lender shdl
<br /> .-�vd� b�s�nt to Lend�r's�ddnss a�stat�d on ppe 1 of thia ds�d o}Vu�t.
<br /> W�;�;:Si:�'
<br /> �,_��„g�� Ar�y notia shall b�dNm�d to haw bwn O�wn to 8orrovwr or Lend�r when pfven In the m�nr»r at�tsd�bove.
<br /> --_�a:�
<br /> ` - �.+�r� 18.T�wM W tM Proplrty a�MMI{ci�l N►t�►Mt k�11»Bortowu.It all or eny part of the propercy a eny Interett in it Is wId a trwnstNrsd
<br /> _,,�`v=;.�i,r witfiout l��'� prior writttn cont�nt. Und�r may dsmand Immadiat� payment of th� s�cursd d�bt. Lendsr m�y �Ito d�mu�d ImrtNdiat�
<br /> : • payment it tM Ba►o+�wr is not�natunl psnon�nd �borNHcial Int�►sst in tM Borrower Is sold or tnmferred.However, LsMM may not
<br /> -`�� ' dsmand payment In th�abova sftwtaro If it Is proMWted by f�dK�l taw�s of tM dat�of thls ds�d of truit.
<br /> rer,��.
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<br /> ' �.�'�. 20.R�eonv�yrk�. WMn tM oWlyatinn s�cund by thls dwd of wst has besn pa{d md Lcr►dnr h�s no furthar oblipitbn to mak�advancea
<br /> - ��-�,:� % " unde tM InttrurtwnU w■ wmants acund by thly dwd of Vwt,ths Truetee thalf upon wrlttan requsst by tM l�nder, nconv�y tlw trust
<br /> propKty.TM L�nder�hdl�vM to tM Bor�oww,w to Borrower's succeuor in Interest,the truat deed snd ths mte a other evld�nc�ot tM
<br /> -� _=— ���_.�...a satlat3�d.Borrow�r shaU wv�nv r�cad�Uon cotb.
<br /> ;--A,r_ -: -
<br /> �;�}�"•� 21, 6uccw�a Tnnt». LerMN, �t L�rxier'a o Sbn, nay nmow Tructse �nd �ppaint a auccessor trustee by firct, maflinp a copy ot t�N
<br /> subsUtution ot trustsa�a requked by�pplic�bN Paw,�nd tMn,b� fillrq the�ubstitutbn of trustee for recard in tM oNics of ths reqister of deed�
<br /> '.:•*�_`T oT uch couMY In whlch tM trust prop�rty,or rort»DHt tMrou�,Is situated.The�uccessor truste^.� ����out conveyance of tM property,��aB
<br /> . wcasd to NI th�povwr,dutke,wthaity�nd titN of tM T�u�tse namsd In tM de�d of trust and of o��-t��.cessar wctee.
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