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<br />• t1Me -40098 DEED OF TRUST t� Page 3
<br />Lorin [�!a 780;147 (Cottd�fttte� '.� : iff58��:9 ° ?'
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<br />based an it stars due dtiganea in tmreS4811011 the pM9rfy for h uwdous wash and ha=rdous substances, Truster harebY (a) re owm and
<br />waNas aM futures r9alw against landau fop indamnlly or ccmnutfan to the event Tnutor f�smm2s liable for d2anrlp or other eon under any
<br />d _
<br />such taws. and (b) agrees to indemnity.and hold frarcefess Lender e0nd any and an daimv, tosses. 11ab1fit!" dam, go np198s. and
<br />mcpansa4 vthfeh Lander may directly ai indtnsdnl sustain or suffer resuiling from a breach of this semen of the Dead of bust or as a
<br />consequence of arty uss3, generation. manutachm storage, dtsposel. fatsase or threat9nad release of a hazardous waste or substane9 on the
<br />- prapu es. The of stria n of the tad of Trust including the W4 tton to Indemnity. Strati survive the payment of the
<br />tndebtdness and the satisfaction and reconveyance of the Hsn of Oft Deed of Test end shall not be affected by lender's acquisition of any
<br />interest In the Propedy. whether byforeetosure or c8terwrl;e.
<br />Y`" •,..'' Rai6aece, Waft. Tudor shall not cause, conduct Or Paean any nUISw= nor commit, Pemrif, Of sugar any stripping of or waste on or to the
<br />property aT say posUOrt o! the Property. Wlttout limiting the gamily of the �ci IM Truster all not roman. or prom to any other pally the
<br />+a right to remov% any timber, minerals precluding all and gas). Sall. gravel ar cock produ ft without the prior wftn eonserd of Lender.
<br />" a Trtrstor Slree rat demolish of remove any Impraverrffiftt from the Real Property vAthaut 1119 prior written censer!
<br />Removal of
<br />of Lender. As a canditton"to the• COMONd of MY f mvwm t9. Lender may require TnuWc to make 8rrang$menis su Y to Lander to
<br />' reptcesur h Improvements with Impro vements of 811214 squat vacua.
<br />Leader's W1 to Entet. Lender and to agorrifr and morowntathes may enter upon the Real Property, at an masonable times to attend to
<br />Landes lit and to Inspect the Propery for purpgsgs of Tnmters compnance with the terms and conditions of this Deed of TruSL
<br />Cowwwcs Wit!► govermaentaf °RKUnamel ts. Tnmtot Sw Promptly comply with an lows, ordinances. end reputations. n M ar hereafter to
<br />etfoot, of all governments! authorities appHSabta to the uss; or ocwpanW Of 1119 P101161ty Tnrstar may carriast in good faith any such law.
<br />atdnenoa, W and vMryryctd comps during any procestift including appropctat9 appeaor, so tong es Ttustor has n ttit3ay Lender
<br />3 In wriIIrtg prior to doing so and so tong es, in Lenders sate cpiNon, Landers intar� in the property are not jeopardized. Lender may requite
<br />Truster to post adequ ate security ar s surety band. mncm bty Ito Lender. to protest Lenders irdetaSL
<br />:..;:.::. Duly b Pm1bCL TnMW agrees rasher to abandon nor two unaHended IN PMPerty. Tnrstor ethos do an olfrer acts, in addtion to mm acts
<br />set forth above in this sedon, which from the character and use of the PtoP" are reasonably necessary to Protect and ptCSatv9 the FroPedy.
<br />seared b tht Dead of Tnst
<br />DUE ON SALE — COt�it3EliT BY LEIGOL lender may, at tie option, declare any part a, due and payable all sums Y
<br />upon 1119 sab or transfer, without the Landae's prior wRdan tmrtsetd. of aD � enY paA re the Real Properly. or any interest to the Real Property. Y
<br />'Sate or transfer means the conveyance of Real Property or any rigid. giro or Interest therein: whether legal. benafldat or engtAfabl9: wh9ltnef erolunTart►
<br />'. of Involuntary; whether by outright sate. deed, fixtanmart sate contract, land contract
<br />contract for dead. f�sahold tntetest with a tam greater than
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<br />SRI years, (ease -optionocaboat or by eats. as WMA or transfer of arty beneficial Urterest in or to any land trust holding 1199 to the Real ar by arty other metimd of eonvoyS= of Rea! Property frrtroSL if eery Truster is a corporation, Pa�P or itm9ad HabW company.
<br />lso include eery change in aw mtNp of more then Mrenty -tie Dement (25%) of the voting stock. partneralo interests or Meted 9abifity
<br />campatty tnterasis. as 1119 case espy be, of ThOw However. f10s option shed not be staretsad by Lender if such clip rise is probitRad by. federal
<br />taw or by MbM tcataw.
<br />TAM AM UIM Th9t0tfowtrV gmvWc=reloW9.1tp Up trims and Hers on gs Properly ass apart of this Oed Of Trust. .
<br />Payments. Tfustor"b�( Pay wirer Qua (and in elti q pis prior t0 detinquettcy) all taXB9. SPedal taxes, 835¢SSn9t;,'1„�ii dM8s w�9 water . .
<br />and sewer). goes tddrlmpositions fouled against On aoeaurd of the i�roperly, and shag pay wtsn� 9 o �� a oorneq 8 to tt e
<br />.;.�` 1'•, , suertrtces tendered Of rriatertal hrmbtred to the Propor t Truster stta0 and a to thv Prapariy 4a9 of s, _
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<br />interest of tender under this Deed otTcust, atccept for the Hen of t is and assa�rrmsCS oat des ranee rrnca�tpt t4s othetvAse protAdetl to th)$ bead �� -,
<br />s .'.. OfTfUSL
<br />s ; t Rtgttt To Contest. Trusses may withhold Pa'r+ of of tM assessnte% or un *t cacrraa��n twth a ood fetth disptde over 1119 abltgation
<br />to pay. so tong as Lenders interest in tho Prope4 is n jeopardized. If a Hen arses or is � •a's s msuil of nonpayment TmsMf shat wM frt
<br />frfteen (115) days after tiro Hen arises. or. lf a Son t feed. witiUn flResrr (tb) days after Treater has no7aa of the filing. secUt9 the dlsrsharQe of the
<br />Hen. or if requested by Lender. deposit with Lender sash or a srAHetant corporate surety bond cietrW seauity saHStardafi► b lender in an
<br />Hen pre oast; and attomoye foes or other charges that 00d eoa,ua as a resat of a foreclosruo or age
<br />,f.,.,. amount Sufficient to dioolM9 rue D ant►
<br />under tbo Hen. in any contest. Truster shag defend Itself and Lender and $hea Satisfy any anitreroa rnettt twin) eniartement against the
<br />s property. yrustar shag name Lender as an ad0d MW obligee under any surety bond frrNShed in ftconW proceedings. ;
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<br />Evidence Of Paymen!• Tnrstor shag upon demmd frm bb to Lender satisfactory evIdGnc9 of Payment of the t=' ar assrsssmerda and shat
<br />6Uthoft1B the approPAate gavemmantal official to dew to Lender at any time a written statement of the tweZ nd assessments against the
<br />Property.
<br />1 tiu3ltee a! ewsbtutiarf. TnWar stye► notify Lender at toast fit teen (16) days before any
<br />woAr Is c�rrrnertoed. any srhvtoes are lw r' lad. or airy
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<br />NOUN b era supppzed to flue t arty, lf any madwnies Hen, matetfaimen% Hen, or other Hera amid be asserted on account of the work. _
<br />servtas or mal9tiab. Truster we upon request Of Lender furnish to Lender advance m5limne23 sa%kctory to Lender that Truster can and VA.
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<br />pay the cast of such improvement•
<br />PROPERTY CAmAGE tii8urmcE. The fonovAng pravisiarrs relating to insuring the PmPedy am a 1MA of this Deed of Trull. _-
<br />Matntsrratiee o! inaureatee. Trusttor shill procure and mWntain potird� of tie insruanee vAth elm+ddrd emended coverage endorsement on e
<br />replacement bests for tt►9 hAt insrarnbt9 value covering an 1 rovemords on the Real Property to an amounts stdficient to avoid application of any
<br />aelnsufane9 Cfam and vAth a standard mortgagee clause in favor of tender. together weh such outer framed and HabfGy Insurance as Lender
<br />may reasonably require. Policies Shan 69 written In form, amoun% coverages and balls reasonably aaoe"t9 to Lender and issued by a
<br />company m compentas reasonably acceptable to Lender. Tnatof, upon request at lender. will deriver t0 Lender from time I Hm9 the t o ut a t
<br />or certificates of Imumnee In form satisfactory to Lender. including sttputanons that coverages wID not be CanoeRed or Stminished Without at
<br />least ten (10) days' Attar written notice t0 Candor. Each insurance policy also stern Include en endorsement providing that criv6rag� to favor o1
<br />Lender wet not be Impeded to ally vray by eery sot omission or default of Trcdtor or any other person. Should the Real Property at eery time
<br />became located in an area designated by the Director of 09 Federal Emergency Management Agency as a species flood heard area. Trustor
<br />ogres to obtain and metntaln Federal Flood Insurance for the t1GI aMald pdn4ai balance of the town. UP to the mmdmum pe�ey HMI set
<br />under the obtain aFl�od Insurance rraQrsm. of a9 othatwtr regtPted by tender. and to maintain such Insurance for the term of flea town.
<br />Appneatbott o! Qrotsads: Truster shoe Promptly nobly Lender of any toss or damage to the Property Lender may make Proof of loss 11 Truster
<br />- .. . " ialb to do so vRtNn intern q8) days of the usually What11m ar not Lends ser:urlty rs tmpalred, Lender may. at its elea9on. receitre end later
<br />• star pram of cry Iftaui'atrC9 and apply the pr�eeds to the reduction of the indebtriness, Payment of cry Hen efteceng the PraPery. ar the }r:
<br />. r9aleraHOn and repair of rho Properly. ff lender efaota to apply the pro�edS to restaraton and nepstr. Truster shag raper or replao9 the
<br />. � damaged or Qestroyo0 Improvemtentb to a manner satisfactory to Lender. tender strati. upon satisfactory proof o! sruh e�endlttue. Pay ar ..
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