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<br /> ---._.-----::Lt� • �.�..w,... 7�erew�r �eee Yo m�ke �II p�yrm�nt� on tt►� ��cw�d d�bt wMn due. Urtl�e� 9orrow�� and L�nd�r �pn� otMrwi��, any
<br /> .;-� �rymentt� l�nd�r nc�iv��trom Borrower or for BorrowerY Wn�fit wlll b� applied fir:i io :��y a���o;:,:� ..:.���..a� �.:w:. ,.,-� ;iv oow,ivv i�uu� �-
<br /> �xt4atly�t p1 IMereit or princlWal,second to intersat,end then to pvincipat.I}perUel prapayment o4 the eecured debt occura}or eny reo�on,It wlll —
<br /> � v not rndutn or�xcuN�ny�ehaduled p�Ymmt until tM iecur�d d�bt U pald In full. , t"
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<br /> 2.Ct�knr AOMnat Titl�.Borrow�r will pay dl Uxe�,o��s�ment�, �nd other charpes attr(buUblo to the property when due�nd wlll d�fend tills �-
<br /> to tM pTnp�rtY� �in�t rny cf�ImR which would Irr�alr the Nm o}thl�daad of truet.L�ndsr m�y rsqulre eorrower to atelpn any rlphU,clelma ar °_
<br /> �. de�Tt�nT�+a w�ieh�row�r may hrvs�O���st puties who wpply I�bor or m�tarial�ta Improve or mefnt�in the propeny. __-
<br /> �:. � 3. kNUmno�. Bo►rower will k��p tl►�proMrty Inwred u�r t�rms�cc�ptable to Lsnder�t Borrowar'�expen�e and for Lendsr'� b�n�fit. All �
<br /> •:- ; Inturnnpw po11cN��hdl Includa a Rtandard monp�ye clous�In favor of Lender.Lend�r wlll be named sa loaa p�yee ar ea the Insured on any such
<br /> � Insurnnne pollcy. Any Insunnce procaedr may be appii�d,v�ithln Lender's dlacrotlen,to e{ther the reetoratlon or repeir of the dem�qed property !l
<br /> ot t�thn wcut�d d�bt.�t l�nd�r raqulrss mortp�pe insurance,Borrowar�prees to mafntain ouch Incurance for as lanfl as Londor roquiro.. �
<br /> ' ��i�x��� 4.pu►jfnrty.Borrow�r rwill keep the prop�rty In pood condition and make�II repaln reasonebly neceeeery. __
<br /> ..i+�� 6.EKpnrN��.Bor►owst a9raes to pay eil Lender'e expense�,inciudiny ree:onabie ettorneya'fees,(f Borrower breaks any covenenta In this dead
<br /> ',�Q of tnir,i or in�ny oblip�tion secursd by thb desd of trust. Borrowe�will p�y theae amounts to Lender aa provided in Covenent 9 of this deed of
<br /> � trutt.
<br /> � . t , 8.Priar 6�elxitv kftK��b.Unien Bortower firtt abt�in� Lender's written cor�sent, Borrowsr will not make or permit any chongas to eny priar
<br /> aaFUrft!i fntereate. Borrower wfll pe►torm�II of Bonowor'e obligstlona under any prlor mortpepe, deed oi truat or other security uflresment,
<br /> + inckidirp Borrowar't coven�ntt to make p�ym�nts when due.
<br /> . � 7,Ap�ot R�nb�nd lkofks.Borrower nslpns to Lender the rente a:xi proffts of the property.Unteas Borrower ond Lender h�v�apreed
<br /> othnrw��in writiny, 9orrower may coilect a�d retain the rsnts ss lon�as Oorrowor le not In detauit. If Botrower detault�, Lenda, Lendar's
<br /> � �9�nt,w a caxt�ppointxl nafvor may tak�po:a��sion and man�pe the propsrty uxl co;lect the rents. Any rentn le�xier coilecta shsll ba
<br /> espl�,ud firat to the cost�of mma�in0 tha props►ty, Includinp court costs and attorn�ys' fses, cort�miulonc to rental epente, and any oth�r
<br /> - napan�ay nl�t�d�xp�naa.TM rem�ininp�mount of ranta will then eppiy to piymenta on the secured dnbt es provided fn Covenant 1.
<br />_ � : •
<br /> ; t.L�p�IwltM•Cot��;IMwwMd Unk O�wiopn�b.8orrowNpr sea to compty with ths provislons of any tesae tf this deed of trust Is on
<br /> ; - �krot�hold.1�thi�dNd of tTU�t la on a unit in� condominium or�plsnnad unit d�vebpmsnt, Borrower wiil p�rform all of Borrower'e dutiee
<br /> - • un�lur tiw covonardo,by-lawc,ar�epuiatton�of the condominium or plarsna�unit devcslopment. --
<br /> �, 9. A,utl�o�ky of L�tdK to Pwktm Wr dortow�v. Ii Borrowsr fails to perform �ny of Borrowsr'� dutles under this deed of trust, Landn mAy
<br /> , i p�rtiorm tM dutles or cau��th�m to ba pwformed.Lmtfa may siyn eorrower'�nama or pay any�mount if n�cess�ry tar p�rform�nc�.If any
<br /> �; ca;�etruation on tMproperry ie diacontinued or not carried on in a re�aonable manner,Lender may do whatever b necetsary to protect Lender's
<br /> s�ourity inten�t in ths prop�rty.This may includ�complstirp the can�truction.
<br /> � �;; '.� L�ndar'�f�iku�to pertorm will not precluds Londer from exuci�irp�ny of(ts other ripht�undsr the iaw or Yhis deed of trust.
<br /> : ,�. +' An��mount�pafd by L�.�d�v to protect L�nder'�sscurity Intenst will be�scund by thl�dsed of uua.Suofi�mounts will be dus on dsmand
<br /> � �` �� an�wNl b�a►Intsn�t from tM date of the payrnent u�til paid in full at the Intanst rate In eHsct on ths tecund debt.
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<br />'r� . ��,•: 1q. Wf�dt�nd AecMK�tlot�.If Borrow�r faUi to m�ke�ny payment whsn due or lx�ak� �ny coveRrnts under thls deed of tru�t a �ny
<br />- }:;;•� oblinatbn s�ca�d by tNi de�d of trust a�ny pria mortp�pe�► deed of trust, Lsndx ma�y acc�Nrat�ths m�turity of the sscwed debt�nd
<br />° : '•�� dhm�nd ImmediaU paym�nt and may Invoks tM powe of t�k�nd any otMr romsdte�p�rmittsd by�pptieabie law.
<br />_�;;�y,,.Ii�t�;:
<br /> 11.Rpuwt fa Notic�of Whutt.It is Mnby r�que�ted that copist of tM natices oT dNault�nd s�ie�e aent to sach p�rson who 1��psrty
<br /> =`°���; ' hnr�to,�t tM�dda�s ot e�ch�uch psrson,ss cet torth hersin.
<br /> �`����Nb` 11.PowM of S�N.If tM LAnd�r Invoku the powar of s�N,ths Trottee th�ll first rocord in the oNic�uf ths reylster of deed�of esah county
<br />-4;��c;c.�[.; � .,
<br /> ;�r.; , w)�r�ln 4M trwt propsrty rn eome p�rt w parcef thereof U sttu�ted a notia ot defauk contalning the Informetion rpuirod by law.Ths Truetee
<br />__;�•:;�,�. sh�ll dw mafl capiu ot ttw rnntice of defauR to tM Bonowe,to ach person who is a puty hereto, and to oth�r p�rcom a�pr�scrlbsd by
<br /> ��;,��.1} Mplicsa+ law. Not Isss Man on� month�ftn the Truste�r�cord�the notics of dei�uk w two mon'th� tT tM trust prop�rty l� not in any
<br />__.-o=, Inr.apont�d ciry a vilisy�and i�ussd in iwminp op�r�tion�cxrNd on by ths trustor,tM frustN shsq piw puWia notics of uN to the p�rsr►nn
<br /> ---„�,;_._ �nd i�tM m�rx�s►pnacribed bY�apppNca]N I�w.TruttN,withaut Mm�n�on Borrow�r,sh�ll ssll th�propsrqr at puMia euctbn to tM MpM1st
<br />��r�� b1Ad«.If�puk�d by tM Pum Flom+�tssd Wotectton Act,Tru�tse�hall offer the prop�rty in two t�parate�aN�a�rsqukW by�pplla�Ws law.
<br /> _ TruatN may postAO�w saN of all w my parcal of th�property by public mnounc�ment at tM time�nd plac�of any pnviousiy sclaMiled sele.
<br />__�;�;i�ca���� LUr►dw a kt dssipnN may p�xchass ths property�t�ny s�b. _
<br /> °�-•*!�� Uyon r�t of paym�nt of t!�pric�b6d,Truat��shNl dslfver ta the purchassr TrustN'�de�d conwyinp th�prop�rty.Ttw nckiah rnM�insd In
<br /> __-��;���� TrustN'�dMd shNl be primi facb evldi�nce of the vuth of th�strtement�contain�d th�nin.TrustM�hafl�ppiy tM procNds of ths s�N M thn
<br /> �' tpMowkp ord�r: (�) to �II sxpx►s�s oi ths sal�, includinp, but not Iimk�d to, reatonabM T�ust��'s iNS, r��sonabM �ttan�y'a f�es �nd
<br /> rolnatat��t f�es;(D)to all sums sectx�d by thls deed of vu�t,and ic1 the balance,(f�ny,to tM p�rson�lep�lly�ntftkd to r�c�lw It.
<br /> —""- ��.Fot�otaun.At L�ndK's optbn,thfa dsed of uust may bs farocb�sd in the menner provide by appliwMe law for for�cbsure of mortpepe�
<br /> ---_— on n�l propety.
<br /> 14.kMp�cdoe.Lendsr may pnta the property to inspect it if Lsnder p3vee Borrower not(ce befaehind.Ths notice must stats tha naoansbta
<br /> � � � onu�ta L�nMr'�inspentiom.
<br /> _ ..�yy��� 7f.Ca�d�nrwlion.Borrovw►�alpm� to lender thsproaeeds of�ny�ward or clalm for d�mepes cortrxcted with�cond�mnation or othsr takinQ
<br /> -�---� oP�N w ar+y pnrt of tM prop�My.Such proceeE�will De�pp�i�d as provWed In Covenant 1.This�s�ipnmont is tubJ�ct to tM t�rms of any prior
<br /> �;��� securitypreemarrt.
<br /> ���a 1!.Wrwr.By sxwcislnp my nm�dy�wllabN to L�nder,Lsnd�r doei not ytve u�my rbht�to later use�ny otMr rem�dy.By not sxercJtinp
<br /> _��� eny nm�dy upon Borrowe'r defautt,Lender does not wafve eny riyht to I�ter cona der ths swrrt a det�uk if k hipp�ns spsin.
<br /> -•`�=� 17. Joint vNf s�wrMLI�b�Ntr, Co-Np�a: Suee�aora �nd As�iprq sa�x�d. All dutki und�r thls dwd of trust ar� jofnt and asvanl. Any
<br /> - a Borrovwr who eo•fipm tMs deed of tnuE but does not co•:I�n ths unds►ivirq debt inatrumentls) do�s so oMy to pnnt �nd wnwy ttwt
<br /> Barowu's irrt�rsst M tF»propety to tM T�uits�undN thi txms of this dssd ot trust.In additbn,�uch�Borrow�r prs��that tM L�oder�d
<br /> _�-�.,�.�� �ny otM►8crrow�r und�r tht�d�sd of trurt may sxtend,modifv a maks�ny othsr ch�r►p��fn tM tNms of tM�deW of trust a tho aecurecl
<br /> ~'.�,� d�bt witf�out tt�t BorrowK's cansent end withaut reN�sinp that Borrower from ths termt of thla dx�d ot tru:t.
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<br /> _�� TM duti���nd b�fits of dhia deed of vuit shdi bind�nd beneflt tM successa�and ntipn�of Lender�nd Barower.
<br /> -���� 1�.Nolle�.tlninp otfiawite rpuind by I�w,�ny notics to Borrower shall bs piven by ddiv�rinp it a by m�{Iinq tt by c�rtlfNd mafl�ddr�ossd to
<br /> __- � 8orrowM�t a"�s pr �ddrai or�ny otbnr addn�s th�t Borcower hac ptwn to Lsnde.Bortows►wi119ive�ny notice to LendM•by�wtHind
<br /> -�"."'3�� maN to L�nder's�on pap�1 0}ehie dead of vu�t, a to sny otMr Wd�es�wMch L��x1er hu dssignatsd.Any other notice to LunQer�hxll
<br /> -u=-��� bn wnt to L�nd�r'��ddna a�rtated on papa 1 of thi�deed of trust,
<br /> �_=�;��u:���
<br /> ==-%�•�'�;� Any notic�ahaN b�dHmed to h�w been p(vsn to B«rower a Lender when piven in the msnrror st�ted�bove.
<br /> -_,:s.�cn�
<br /> ____�,_,�,;ry 79.Tnrwl�r of t!M PropKty a�l�fal k�nst b fla�6ortow�r.U all or any pan of ths prop�rtY or eny int�r�st i�it ia sold or t�maf�rred _
<br /> -_�--.:.w..t:. wKtaut L�rxl�r's pia wrfttsn conssnt, Leod�►may dem�nd fmmedi�te p�yment of tM eecured d�ht. Lender may afso demand Immndinte
<br /> � -�t��.;"�� �. peym�nt ff tha Borrowe It not� nstwat pxson and a beneficial tnteroat In tM Borrowsr Is cold a transferred. However, Lendsr mny not --
<br /> �^��-��--�'• � demand p�yment In tM�bow dtwtbns if it is prohibited by fsd�ral I�w as of tho dat�ot thla daW of tru8t.
<br /> �;=;i.:;o,c,i:it.�- .
<br /> _-:;�;'�t:�,�• j Z0, R�wyanc�.WMn th�oblia�tion�ecured by tNs d�ad of vust hu been p�id,and Lendsr has no further oWiyation to m�ko cdvancau
<br /> -"`' ::�� und�r ths Imtruments a ayn�mentt cscured by thit d�e�d of uust,the Trustae sh�ll,upon writtsn requeit by the Lender,reconvey tho vuat
<br /> ,-".���a^• � pro .TM L�r�r s�sN c�eliwr to tM Borrow�r,or to Borrowsr'a�ucc�ssor In intuut,tM trust deed and tM note or other evidence of thu
<br /> :Y�,;,�:,�� o at+on so atlafNd.Borrawe sh�ll pay�ny rocordation w�t�.
<br /> __' A� �. 7�..�r 1�w.�.. M 1 rJ..r� � .�Tw.��� �n.i �n.Wn� � w� M. I:.w ....11:.... �� �l�
<br /> �'' �' cubttitutlon ot Vutt�i ae requirsd byippiicabb�ew,md then,by flinp ttie substitutlon ot truatee fa record(n the'office o}the�egi�tsi of deude "'
<br /> '' ��'� M1.� ry pr psrty,a some �rt theraot, is�ituated.The succeasor truatee,without conve ance of tiw
<br /> `,.�,.,,;,, ._ of��ch coun In which tho Vwt o p y property,sholl �
<br /> •• , • succ«d to dl th�power,dutio�,�uthoriiy cnd title of the Truates mmed in the d�ed of trust end of any wcceaaa trustee. [
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