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<br /> ��- COVENANTi �U��ya7�
<br /> �, ��ym�t�, Borrow�� ��e� to m�k� aU paYmsnt� on th� �ecured debt whan due. Unlets Bc+row�r ��d�°nd�� +��� °��W���� ��y ��'�` _,
<br /> d lirst to any�mountA Barrow�r ow�� on tha �ac►u�d Mbt `
<br /> . psym�nt� L�nd�r tAOalv��trom&Ntown or i0r Bortow�t'� bm�fit w{II M�DP� ��;-
<br /> exclutiv�of Int�rsst or princlp�l,acond to Int����l tt�a�iocurad 6ibt li paid In/ull�� �epayment ot tha�ecund debt occun for�ny rsason,It wlll --- -
<br /> not�sduce or axuu�any soh�duhd MY^�� �:���
<br /> ^•,CI�MM A�t 71d���rcvw�W�u PaY��I t�xts,uo�otm�ntr. �nd otlwr chupe��ttrlbut�bla to xM property wh�n d►a end wili dcfmd titl� �c
<br /> � � ��t�ny cl�ims wMch wou�d Impdr tM��Rn of thl�d��d of iruft.lender m�y reRutre Borrowsr to u�Ipn�ny rlyhts,clafm�o► �.J
<br /> to tM pr p�t 1�� labor or m�teri�l�to Im{NOV�or malnt�in the propttty. _-
<br /> det�ntet Mihic no�v�r may haw�p�M�t P��'�h°aupplV ,
<br /> rt Incured under rorm�accapubla to Lender st Barrower'e expenee or ee th Inau�ed untleny t ch �,���_;.-
<br /> .. 3.k�N��nc�.,Borrower wfll ksnp tfw p+oi� V
<br /> ,. ..
<br /> In�wancs policies�hall Includ���t�nd�rd mwtpis.���within L�rxli�i discretlon,to��ftMritmi�restoptlon or npair af th�d�m�yed proW+tY ���.-.;,:
<br /> in�w�nc�policy.Any incuv�nc�procad�m�y b� p � r
<br /> or to th�ascund debt.If Und�r raquk��mortp�p�In�unncs,Borrowsr ayreu to milntaln wch imwsncs for at lonp n Lander nQuln�. - .,
<br /> ,� 4, ,�orrower wlll ke�p ths(xeM►h���O�ad conGitlon�nd m�ke all ropNrs re�s�nablY necessary. �'.J,.}
<br />_�`�_�:►�� P���Y
<br /> B,�p�n�.6orrower�flree�to pay����e�er'i sxp�na�� Includlnp rsatonabie attorneys'feea,if Borrawer bre�ks any cqven�nt�In this d�sd �-�
<br /> `••� ot tnnt ar�n�nV o����a�tion�ar,Wed by thla dsod�1 trost.�arrowv will p�Y tMse emounts to Lendor��{xovided in Covemnt 9 of thf�de�d of YLy
<br /> - trust. �-`
<br /> 6.�s��y�KMb.Untets Borraw�r fint obtdn�Lender's wrltten cantent,Borrower will nat moke ar pormR nny chnnges to eny prior -_
<br /> �ec�Kity Intunt�• Borrow�r wiil p�rfam dl ot sorrowe'a obliy�tlons under any prior monyeye, deed of tru�t or other Recurity �preement, -
<br /> ' ��d�dinQ Borrower'�cove�tnts ta moke paYmmts when due. ���less Borrowet end Lender hwe aptNd -
<br /> , �,A�K of R��P�o�•BOrrow�r��alyns to Lender the rent��nd Mofit�of the propertY. -
<br /> and coliect the rents. Any�ents Lander caliectt sh�ll be
<br /> �•,y:,�,;• ��a���'ippofnted ric�verrmli�ct�k�pot��slon �nnd m��ye the pro�psnYr Is not tn default. If Borrower defaults, Lender,Lender�
<br />- -•' � �ppU�d f�r ralitid e p�nisi�Thi rema�nl�p e�p^t of renti wlll then eppry to pWrn���on the secured debt es�ovlded�in c�ovensnt�l�ny other
<br /> ' n�ca H11
<br /> �� ����j p����It p�wiopn►�ttt.8orrowsr aarwc to compiV with the Qroviiiom of any lea�e if this deed of irust It on �
<br /> e.�....noia+•
<br /> • s loauhold.i�this dsb liwa.�a ripulatloni ot tM cor�dominlum a plin,ned unit d�vslopbmpiM�1•�rower wfll psrfor�n oil of Bairowa'R drtfa�
<br /> • und�r tM cownaet�, Y pe _
<br /> 9.AullwrkY of L�ndw to P�rfortn fa lorco«K�. If B.r�o rwe�i Y�.a a^i��rt�l�manniN►�L ndi YmsY do iwh t����iM��►Y��P����e�nfdsr i --,-
<br /> -,;;(,'itl,;4i, p�rform th�dutia or cws��Md s, con�pid or not c�rrUd on
<br /> ' ,•.,�t.,�..' con�truatbn on th�proP�nY
<br /> �'� �ecurity�ntetest In tM Propsrty.This mW Include campNtinp the contt�uction.
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<br /> , :�,,, . Lend�r's isihxs to p�r�orm wlll not�sclude Under irom sxsrcising any of Itt other riphtt under the tyw or thia deed o tru .
<br />;a:,''L��� ��� Wjp°bii��nLifisi f om thetds�o}the p���t until paidtin fuil ati�tt»intereat�r�e in sffeat n ths ticured dsbt uM�will be due on d�m�nd
<br /> -;���r��
<br /> �'��::� ' If Borrower f�ils to m�k� �ny p�Ym�nt wMn due or break� �ny covenantt under this d�ed o trust or en
<br /> :71:,�:•:dv. 10. DNwR M1d AccMK�Uo�. y ncsblel�w.
<br /> �u�.�..,.;, oblipatbn sacursd by thi�ds�d of trust or�ny p��Wer of,iisind eny other rem�lea permittsd b��ipp a the m�turity of the eecured debt an
<br /> � dsmand Immedi�te psymmt�nd m�y�nvoks th��w non who ia i par►Y
<br /> "^°�" 17.R�qu��t fa Notic�of Wiwit.It b Mnby r�4u�st�d tnat copiss oi iiN��.��» A!3'!"'�*""`i sds b° �ent to aach pe
<br /> '�.'}.�(�,J:'�. Mroto.�t th��ddrsss of aach such psr�on,a Nt forth hereln.
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<br /> - �' i��� 12,�owK of SW It the Lendsr invokei the power of sat�,the Truatae sh�ll flnt record in the ofiice of the reylste:oi deeds of e�ch county
<br /> � "�`�:1 wMnin ths trutt p�aPertY or some pan o►Wrcellherwf f�Otu�ted a notice of defsuft contdninp fh=�in+�i�at�r��nQ�����e c�iAsd bY
<br /> y aheli�Isu rrN��copN�of tM�wticb ot d�fwit to the Ba'rower,to sach penon who��� p�nY he
<br /> u not In �nY
<br /> -=•y�', ppp��¢�We bw. Not less th�n one month �ft�r th� Truste�records tf» notic� ot d�f�ult,or two months it th�trust proportY
<br /> incarporetaJ Gty or vitls��nd�s w�d��farminp op�ntlon�carried on by th�tru�tor,the Truetae shsil9�vp Dublio notice of sate to th�p�rson�
<br /> ���=-,.��:m�a � and in tht mx�►P�A�a��by��ic����W T���t�°,withoui dem+nd on Barower,shdi seil th�prop�rtV at pubiic auation to th�hiaTNCt
<br /> '° ne sde ot�II a�nY P+rul of ttw p�oWrtY by Publio announam�nt st the time�nd plaa of�ny previously scMduNd wM.
<br /> __ Uw.
<br /> b{dd�r,11 requked by the Parm Hom�sta�d Proteotbn Act,Truntee sh�ll oHa tF»ptof»rtY�n two�ePK�te ules n requlred by•
<br /> =---•s TrWtM mty P,osU� cheee ihs propertY�t any sda.
<br /> --_-- — �sndv a�n wrrignca mcy pu► - _
<br /> Upan receipt o�f paVm�nt of th�price biA,Tru�t�e shdl deliwr to tM pu�chue►Trusta�'e deod conv�yinp the Property.Th�rsciti�ls conte�r►M k�
<br /> __°� 7ru�tN'�dMtl sh�ll be illmixp�nsei cf ttx�sde, Includlnp�but�not�Ilmited�ta�ieaioneae Trustsesi�feeip�reiioMble�ittorne��f�c amnA
<br /> ---= followin0 ordK• ( 1
<br /> -- rNmtat�rtNr►t taet;(b)to�II tum�acwnd by thit d»ed oi trust,and (cl the balance,If�ny,to the perso'Q;�9,'�aY°fo�`1°dr.°��`un of mortpap�a
<br /> �� 13.Fa�otown.At Lendsr's optbn.this d��al of tru4t may be tonclo�ed In tM msnn�r Ixovid�bV�PP�
<br /> 11
<br /> ----- on nal propsrtY•
<br /> 94.irn.p�cdon �e�ds►may entsr tM prop�rty to Intpsct it if Lender pfvea Borrower notice betorehand. TM notice must st�t�tM reuon�
<br /> ceu��ra Lendar'�Inspectlon. g
<br /> -- 16.CondN►►n�tlon.B�rrowsr�s�iS�n�f h pf oceedi will be p li d af prov did in�Coveni tA1�Thli ii�n�nmint iiubJsct t�ths�irm,ofinY p��
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<br /> of�N a�ny P�of th�ProP�V.s
<br /> _.-� s�curity spre�ment. V
<br /> p^y wme�dy upon Borrowe'sYdefr 14 Le de�d�oei�not wilve iy�lpht to liter�consider Lhe event e detai R if It happsns qilny BY�t er.elc 6 np
<br /> ��, �� ��� u�j �a�1�rNr�� Sue�Nw��A���gqx�d. Anpll duties unds� this dsed ot trust are Jol�t end teversi. Any
<br /> - Borrow�r who co•alpro thl� °�to the Truste�under ths Y��r��of�thii died ot truitt In evditiont�auch�a Borowei apreers that t e Lenderti d
<br /> -- - Borrowsr's Uteroit in the proi�rtY fv
<br /> -- rr
<br /> $ debt whit�hout th t 8orrower i conaent end without re e�i o0 thit Eorrowe�from the termsot thfi deed of tru t thle deed of truat or t a�eCUr
<br /> _-rrz:a�,
<br /> ---` "'_
<br /> �`""""'�' TM�utN�snd 6snetite ot this deed of tru�t ahNl Gfnd snd beneiit the�uccessa�and eeebns of Lender end orrower.
<br /> ���..�.�. 1g,poHe�.Unkto otl»rwite requ�rsd by I�w.any�otice to Bonovrer�hall W q��en by delivednp it or by,mdiir►fl It by certified meil eddrossed to
<br /> Borrow�r�t th�property eddroa�or env other�ddre�s th�t Borrowx h�t���en to Lsnder.Borrowsr will pive eny notice to Lender by c�rtifipd
<br /> m�il to Lend�r'a eddre�s on pey�1 of thie deed of truat,or to any other WAresa which l.ender h�a desipn�ted.Any other notice to Lender ehall
<br /> �=�^.', M sent to Londer'�addrees n st�t�d on D�9e�of this de�d of trust.
<br /> ���'�"�'! Any notic��hall be d�em�d to haw bNn qiven to Borrow�r or Lend�r wlwn piren in the manner at�t�d above.
<br /> _-_:��� or eny intereat in It ln cold or Vencforred
<br /> �;:;�':";;'�., 1�.Tt�tK of tM Propwty or�s�MMew k�t��n M�B�owK.If dl ar any pan of tM proPerh'
<br /> ,��7 ms�t ot tM cecured dsbt.Lendsr may ai�o demmd immediste
<br /> without Lencl�r'a prlor wrftten conssnt, Lende m�Y d�mi^d �mr^�d�at�pay
<br />_ ..;._��;��{��.� paym�nt If thsnB`r%��ve situsNonsrlf It�le�proNbted by tederii I wr�s of tAe date of thla deed of truitnaterred. However, Lender may no
<br /> ::;',='�:;:i•'.•d
<br /> tHm�nd paym
<br />_ - 20.R�conwyanc�,YVhen tho obll0ation tecursd by thii dsed of trutt h» been P��d� °�d�wdtten request by thebLender,�scon ey the Vust
<br /> ,�_��`~ und�r th��nft�ume�n�t�ti��! roemente secured by this deed of trust,the Tru�tee �ha�l,upo
<br /> �.uv.r to the Borrower,or to Borrower'e succeasar in fntorest,the trust deed end the nate or other evidence of tM
<br /> _'_ _ ; prop�ai. ...o......�. _.._.. --
<br /> ' "''^ t„ L, obiip�tlon io satlttied.Borrower shall pay any recoraation cvsia. 9 of the
<br /> •�»+a��
<br /> ,y . � Z�, g����wr yru�tM. Lender, at Lender's option, may removs Trwtse tnd eppotnt a succesaor truatee by firet, maiifn s capy
<br /> eubatltutbn of trustes et required by ap0�icable law,and then,bY filmp the subttitution of trustee for record En the office of tho replater of d�ed�
<br /> ' ',`��. ot each toili tM power tdutlee�euhor�ty e�d titla ottahe Truat e�emedan th�deed of tniat end of eny�euccessorVtruatee.�f t�P������hali
<br /> , sutcs�d
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<br /> lANKE�86Y6TEMS.INC•.6T.LLOUO.MH 6E�01 1»��397•23�11 FORRI OC►��.�r^`:E 6/18�87 -
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