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<br /> � � coveN�Nre Q�-
<br /> •.•!� 1, ��ym�ntr. BorrowMr �pn�� to m�k� �11 paym�m• on tlw acur�d d�ht whan du�. Unir�� Borrow�r and lend�r �pra� oth�rwl�e, any E.=
<br /> �� j p�ymurt� Lend�r nc�lvn from Borrowu or fur Borrow�r't b�n�fit wlll b� epplieci tirrt to �ny r�mount� Borrower awe� on the �ecured d�bt
<br /> �, exctudve of Int�rat or princlpd,R�cond to Inf�r��t,�ncl th�n to yrinclpal.If p�rUd prep�yment of ths�scurod debt occun for�ny reason,It wlll '�.r-,
<br /> } not nduc�or�xcua,��y s�Madul�i M►VnNnt unUL.U►�aa�und d�bt I�p�ld I�lull. _,-
<br /> Z G�Ry���T ;Hpn�y�,��'N,N�p�y1'il.t�c��y��ip �ments, end oth�r chrr0n1�ttrih��tabla 4o the property when dus md will dafend title �
<br /> y� to th�prnpenY a�pd t�rol.cWm��Nhiari wouM Imp�lr t Ilnn o}thin d��d of tru�t.lmde►mey requlro Borrower to esNpn any rlghn,cleim�or �
<br /> detsnn�whlch Borr�wa�nay d� �p�IMxp�1M�►Y�PP�Y���r or m�tt�rl�i�ta Improvu ot m�lnt�in the prop�rty.
<br /> , '. 4 •- .. .e. �.,.
<br /> .: 3. k�xMfe�• Borrower wlll k�ep the propaty�nauroJ undar tsrms Accoptablc to Londcr ot 8orr�wer'n expenee end fo► Lender'r benefit. All L
<br /> In�w�nc�pollcl��iholl Includ��stmCard mortpK1�clauss In}�var at L�nd�v,L�nQer wlll b�n�m�d u Iow payu or�e the inwred an any such -
<br /> �a�,r� Insuranc�poilcy.Any Imurana proce�d�m�y b�� pll�d,withtn Lend�r'�dlscrntlan,to�Ithe�th�re�tontlon or r�p�ir o}the dRm�O�d fxnPerty
<br /> or to th�sscund d�bt.It L�nd�r nqutr��mortp�y�Pn�ur�ncs,Borrow�r�pro��ta mdnUln wch Insw�ncs fot n lony�e�Lende rsqulrot. ��
<br /> . .--
<br /> �� 4,Prop�rty.Borrow�r wlil ka�p tha prop�rty In poad conditlon and mik���I rep�i�e ro�sorubiy n�c����ry. T_
<br /> ��:... 6,ExpK►s��,Borrow�r apres�to p�y ail Lend�r'�sxpense� Inctudiry re�ton�bl�atturnsy�'fss�,If Borrower break�any cownRnt�In thli dsed
<br /> ; of trust or In any obllpatipn�ecursd by thit desd ot truet.�orrawar w111 P�Y th�as omounto to L�nder�a provlded in Covsnant 9 a}thia daed of
<br /> trunt. -
<br /> e,pr{or g�q�y I�tM��t�. Unl�s� Borrowsr fint o6tains l.ender'�w�itten com�nt,Borrow�r wiil not m�k�or permit any chmpe�to�ny prlor
<br /> .; . � � Includinp�Borrowsr'i covinanuit m�ks paymm��when�du�obtipatlont undsr sn� priw mortpepe, de�d of trust or otMr security egreement,
<br /> 7.As of R�rt��nd Protfts.Bo►rowsr asslym to Lerxitr the ront��nd ptu�fit�01 tM property.Unlets Dorrower and Lender have nyreed
<br /> otMtw se in wr(tiny, Borrowar may cotlect and retaln the rents e� lon�ss Borrower is not In defaidt. If Borrower defeulte, Lender, Lender's
<br /> � � �p�nt,or�court appolnted recdvsr m�y t�k� Ro�����lon�nd m�nty�th�prahorty and collect ths rente.Any rente Lender coliects ehnll be
<br /> -v: � ' epplied first to the coets of mm�pin�th� property, ineludinp cou►t costs snd ,�ttorney�' fee�, commfsaiom to rental agents, and any other
<br /> t�' ' ^ ' neceu�ry reiatsd sxpentes.The remaininy amount of rentt will tMn�pply to p�ymmta on tha�acured dsbt u provided in Covenant 1.
<br /> :.;:�1 • 8.L���fwldr Condominlum�;Plxxwd Unit OwNopme►ts.Borrower e roea ta oomply with the provlslons ot eny lease if this doed of trust Is on -
<br /> S°'-' uoderethe�co erNnts,byI w�or iepulations o}th�cor�omlNum or pta�Md unft d�vi�toPm�ntnt, Borrowar will parlorm all of Borrower's duties
<br />,_�:^.,r<•-. 9.Autlwrity of L«fd�r to PKlorm fo�!ot►owM. If Borrower failn ta��narm+�ny of Borrowsr'� dutiea under thb deed of trust, Lender mey
<br /> �-,�:�„ ra�.+:_ . perform tM duti��w cwse them to b�p�rtormsd.Lend�r m�y clpn orrawsr'o n�m�a pay any�mount!t n�ceR�ary for paformance. Ii�ny
<br /> construction on tMp�opsrty I�ditcontinusd or not carriad on!n a raswn�bb mnnn�r,Lendir may do whst�wr is rNCSS�sry to protect LsndsYs
<br /> "� `.'• aecuritry intsrsst in the proparty.Thie may include completiny th�con�truction,
<br /> ��'�y2~r� ' Lsnder's fnlluro to perform wiil not praciud�Lender from�xercininp any of k�otlier r(phts undsr the!�w or thi�dead of trust.
<br /> -"`,"�{°' Any amountt paid by Lsndar to protect Lsnde►'s�ecurity fntsrest wiil b�s�cuhd by thi�d�ed of trwt. Such smount�will be dua an demend
<br /> =.^;;';:,"' �nd will bear interost from th�d�t�of the payment until pald in tull at tl»Internst nt�in�N�ct on the cecured debt.
<br /> ���'c.'�;:";... tQ. D�?wk�nd AccM�estlon• �f Barower i�fis to mako any p�ym�nt wMn du� a b+e�ks �ny covenrnts under thi� daed ot trust or �ny
<br /> ;,�:��;�:•r obliQation acund by thls d�sd of trust or any prior rteortp�W or d�ed ot truo4 Undrr m�y�ccela�te tha maturity of ths secured debt and
<br /> :,.:,�: ., demand Immediat�paym�nt�nd m�y Invoka the power of�al�and�ny otlur rnmedies perm�ttsd by sppliaabte law.
<br /> �i.r�,.:
<br /> ';.S-���,.� 11.R�quNt for NWc�of D�iM�ft.It fa hereby requeated that coples ot th�nadcea of det�uit�nd��k be eent to each per�on wno i:a p�rcy
<br />---;;;.�'•;;y��{+
<br /> hsreto,et the address of sach�uch porson,�i:et forth h�reln.
<br /> __ ;;:;,.,.;,y 12.Pow�r of Salt.(f ths I.ender invokes the power o}sel�,tM Trustea sh�li Nrst ncord In the oHia of the repi�tsr of deeds of e�ch caunty
<br />__b;_;rE::;;:,� wharbin the truat prop�rty or some part or pucel thereof b oltusted e notic�ot detault cont�inlnp the{nformetion requksd by law.Ths Trustae
<br /> shill�Iso mail copiea of the notics of detault to the Borrower,to�ach p�reon who ib a partyr hereto, rnd to other persont as prescribed by
<br /> -:,,;�i!� �pplicable I�w. Not lesa th�n or»month after the Trustee r�cords tt» notlae of dsfault or two month� If tha trust prapsrty 7� not in any
<br /> incorpontsd city or villape end is uced in farming operatlona carri�d on by th�trusta,the fru�te�sh�ll efve pubtic notice of�ele to ths persons
<br /> "'��'�° end in tM manner pretcrf6ed by�pppfle�bl�law.Ttutt�s,without d�mand on Etorrow�r,�hNl se0 the propetty at pubiia aucdon to the hiphest
<br /> -- =- bWdu.it raquind by th�Farm Homestead Protsctlon Aut,Truste�sh�ll ofter the propertv in two sspar�ts�alus�s requtred by appUcable law.
<br /> ��i���� LendK oi�iti d�eiqnisem,y purch ie tho piMOp�rty it iny i�li Y bY publio mnounc�rrhnt�t the time md place of my prsviotary scfiaduled�aN.
<br /> ..—��/Fli.Ffs�
<br /> -`�°=�'� Upon nceipt of p�ym�nt of tM p�ic�bid,Truatse�h�ll ddiver to the purcheser Truatee's daed conveylnp tM property.The ncit�ali contatrnd In
<br />-'^'��'�"� Trwt�e'�d�b ahall be P►tm�fecl�evidbnce of the truth of tM atatementr canteln�d tMrsin.Ttustae shall appiy ths fxoceeda of ths e�k in the
<br /> rifnitatema�t fe,i��tb)to�alt tumi secu ed by thli�daeduot�t u��and lo)Iti»belenc��fsi y,t�o he pertons leflelly eniitiad'to ecel�veyit.�sss �nd
<br /> _._�—= 13.For�claur�.At Lender's option.thl�deed of trust may b�forecloied in the m�nner provide by�pplicable law for forec!oaure of mortp�pes
<br /> ------- on real property
<br /> --�� 14.M�p�n11o�.Lender may enter ths propsrty to inapsct It If Lender plvea Borrow�r notics beforehind. TM�otics must rtate ths ro��onaW�
<br /> - cau�s tor Lender'�inapection.
<br /> - 16.CorM�nr��dae.Borrowar asstpns to Lender the�roseeds of any aw�d or clNm tor d�ma�lae connectisd w(th o condemmtion or otMr taking
<br />-- ��• of ail or any part of the propsrty.Such proceeds will be�ppllod�s providsd In Cov�nant 1.Tlils aeslpnment Is cubject to the term�of sny prior
<br /> ____�� eecuriry�presment.
<br /> -- - iny rema y uponxBorrow�e defau�kd,Lendii dooi�^ot walve snyiight to Iato��coniPdei iM svent��defiuft If It happ�sns,pa n�' 8y�Ot exercfdnp
<br /> — 17, Jokit�nd Sw�rat LI�fty Co•�t��; Suec��sas �nd M�ipni doued. All dutlet under this desd of trwt ara �ofnt and sov�nl. Any
<br /> �� Borrovwr who co-sipna th1� disd of trust but doas not cu•sipn th� underlyin0 debt Instrumentlt) doss so only to prant and convsy that
<br /> _�=�s BarorvK'�Intsnit in the property to tM Truste�und�r tM txms of thla de�d oftrust.In�dditlon,�uch a Borrower eyroes that the Lender�nd
<br /> any otfier Borrowsr under thii deed of trust m�y ext�nd,moditv or m�ks any other chmpe�in the terms of thls deed of truat or ths secureci
<br /> --�;;��� debt without th�t Borrower'r consent end without role�efn9 th�t Bo�rower trom the termt of thic deod of trust.
<br /> y����� Th�duties�nd bmefits of this dsed of trust�hall bind�nd b�iHfit th�cuccu�ore end as:ipns ot Lendsr and Bonower.
<br /> ---�-y*'�?�;���
<br /> -- 1�.Notle�.Unlesa ottNrwi�e nquired by lew,eny notice to Bortower sh��l be gfven by dNiverin�it or by meiling li by certiiied mafl addrossad to
<br /> -:;��:�, Borrower�t the pro�erty eddrass or eny otMr addrose th�t 8orrower h�a qiven to Lender. Borrower will pive any notice to Lender by�ertified
<br /> �4 .,;�'�•;�; m�il to Lender's�ddfe�t�on p�p�t of this daed of trust,or to any othe�eddress which Lender has desl9n�ted. Any otl»r notice to Lender shdl
<br /> =�;• �-~•`' , b�saot to Lender's�ddrass n stmd on pape 1 of thle d�ed of trust.
<br /> •. -.�.:. s.
<br /> __ .�:a:�,�;
<br /> �� '• Any rmzice�hall w d�omed to heve been pWen to Borrower or Le�xfsr wh�n qiven In th�msnner sZmad above.
<br /> ^,w.'_.:?.;.,.
<br /> ?_�,�,:.;��} ; 19.7��ruhr of th�Hop�rtY a���r�Mt����Ower.It sll or eiiy pert of the p►opertv or�ny fnterest In it Is aoW o�tt�nsfernd
<br /> piy ent`f the�&o�ower rle not a��aturai peson ano�s bene•!z at intereaP Inihet Borrower�is solddob tranif etted Howevare Lindsrmmay not
<br /> _';'=ry.���> . . d�mu�d p�yment In th�ebove s ku�t ions I f I t le pro R��i t e d b y f e d o:�u l!a w e s o f t h e d a t e o t t h l a d e e d of tru�t.
<br /> --J-•.h
<br /> - �:��''� '� 20.R�eonwy�nc�. �Nhen ths oblipatfon eecured by thi�deed ot�arust ha�been patd end Lender hea no further otsliyetion ta make advances
<br /> und�r tM instrument�or e reements secured by thlo deed of trusc, th� Trustee shelf,upon written raqueat by the Lender,r�convey ttio truat
<br /> __�._u 9��a.�.•..��..[Lurn�u�r nr tn Flertnwa►'t SUGGSSO�III II1tEtESt,tho ttuet deed and thn note or other evidence of the
<br /> ;_�`'; =._.�---- - �pp.�iy. �im�oiru'm...o.�......... «. ...---.._..... _ .
<br /> �;;,,,�' obllflation tn satlitied.Borrower�hall pay eny recordation coat6.
<br /> f:�,, ;i
<br /> � 21. SuccM�or TrustM. Lender, at Lender's option, may romovo Trustae end appotnt e succeasor trustee by first, mafling a copy of t7�e
<br /> '' + sub�titutton of trustee eR requlred by appliceble law,and thon,by filing tho subetitution of trustee tor record In the office of the register of deeda
<br /> . aucceed io�eiiirie powAi tdutlesaeutho yYend titlo o}t ho 7 urstcri n med inethe deed of truet end of eny�successor trustee,of tfie proporty,shall
<br /> IPSya 2 oI 11
<br /> � SJWRER6 6V8TEM9.INC•.6i.C10U0.MH 6lJ01 11•l00-Sl1�27N1 iOI1M OCFMTQNk EH9/Y7 __
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