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7. ` ( c}` ; -• .y� .arc � , 2,; -� �` - F",' �( `�.- 1•,.Y• DEED OF TRUST Pap a ' Loan No 7Jfi�3g7 �- .g_sag (cor>bnued) reirribm Tnator from the proceeds for this reasonable cast at repair or vadwation If Tnww is not in dew under this Deed of Trust Any proceeds which have not been disbursed within ISO days after their re:e;pt and which tender hag not cOmmltWd to tho MR& or restaraffon of - the Pmpsyty shall be used first to pay any amount owing to Lender under this Deed of Trust than to pay accrued iftest and the remainder, if any. shell be appCed to the pdncipat balance of the indebtedness. If tender holds any proceeds after payment in full of the Indebtedness. such •', , :' proceeds shell be paid to Truster asTnsUw'S interests may appear. ., MMMM covered by this MbnshWe eof O T sobbaar dh fad fwd undar the provisions of this D� of 1t st, oorr at any forerdosure s such Fh*wty. •F EXPEN1D1111 M BY LEIMM If Tna'tor falls to comply with any provision of this Deed of TnxL or Q any action or proceeding is commenoed that would nraterlallyl affect Lende's Udanests In the Property. Lander on Thmtor's behalf may. but shalt not be raqutred to. faire any action that tender deems s"topriaie. Any amount that Lender expends in so delis will bear hdemst at tha rate provided for laths Note from the date incurred or paid by tandar to the date of repayment by TNstor. AD such expenses. at Londefs opft %wM (a) be payable on remand. (b) be added to the balance of the Nobs and be appartoned among and be payable with any Installment payments to become due during either m the term of any applicable insuranrm policy or M the mmalntng tern of the Note; cr (a) be ftsetad ass battoon payment which will be due and payable at the Notes mat uDy. This Daad of Tnd also wm secure paymerd of thmo anrowds. Tiro rights provided for in this paragraph strap be B1 addition to airy Wren right or any remedies to which Lender may be entifted on account of the doWA Any such action by Lender shall not be construed as curtng the default so as to _ ' bar Lenderfrom any remadythat tl otherwise would have had. WARRANTY: DEFENSE OFTNTLE The foQowh►g pMvWOnS aft" to ownership of the Property are a pail of this Geed of Trust Tilt& Truster wamants that: (a) Tf stor holds good and marketable title of record to the Properly in tee stmpte. Tres and cheer of all Dens and _ enqurMmnoes other than those set forth in Me Real Propety description Orin anytiBe fnumu= paffoy, tiffs rqm% or final tithe opinion Issued M Test, Truster has tho W fight, and authority to VWcuts and favor of, and accepted by. Lender in connection with this Dead of and (b) power. � detverthis Deed of Trust to Lender. the ffbe to the Property the : Defense ofTttin Subjed to the eraceptlon in the pwagrapb above. Tnstor warrants and.wM forever defend agalml ` IaWf ul dalms of all persons. in the event any action or proceedtng bs wmmeneed that questions Tnstor's tste or the Irtf n 1 101 TnsGae or Lender undet this Dead atTnA TnoW sW defend gm abnatTnstofs snore. Ttustor may be tha nominal patty in such pron�edmg, bras E :.- tender shall be entitled to pmuelpate in the proceeding and to be repieser o In tits prooeadirfg by counsel of tender's awn owes, and Tntdw,?jM deliver. orcause to be delivered. to Lender such Bfstrtrrttenfts as Lender may requt3st from fima to time to panmit such pertiapation E Compgpfts %Va Lewd Tnstor warrants that the Property and Trustofs use of the• Property compffias with all wdsting applicable laws, ordtnames, and regulations of gavammarctat ardhodffes. CO ENMTIDN, The fallumng provisions retathrg to condarnnation proceedings are a pad of thts Deed ofTrot i •: AppfOrxfton of Net Proceeds. if as or any part of the Pmpmty► Is condemned by eminent domstn p wings � by any proceeding or �..:< lt;..... , purchase to Diu of condemnation. Lender may at its erection require that all Or any pinion at the net pc3s of the award be applied to the or restoration of the Property. The net proceeds of the award shall awn ltrsav p after payment of all reasonable � ��- ndlbtednessor'the repair e lmxmd byTrtMe er Lander to connection wsh te condmnaona4Si?,Q end amnefe " Prros. It any proceeding in condemnation Is Cad. Truster shall promptly notify Lender in writing, and TrtstOr sdm8 promptly take such !,. x slaps ��ss�day be necessary to detand the action and obtain the award Thistor may be the nominal perly In actin pto�ca sig, but tender small in by its choice, anci.rrustor wM deliver or be 43=. to partr3pate in the proceeding and to be represented Me proceeding counsel of own ' r causofe 6o delivered to Lender such instruments as maybe requested by it from time to time to penNtsuch partdpaffon. - TAXES, FMSs AND BY QOVERNIM iTAL ALITIUMITIES. The following provisions relating to governmental tmaes„ fAMMOM s are ap DeadCHARO t: ' Current taxes. Foes sad CftGrq n. Upon request by Lender. Truster shall e;mcate such documents In addition to this Cad of Trust and We V whatever other action is requested by Lender to perfect and conning Landefs lien on tho Real Propedy. Tnator shall rdmbwse Lander for all 1<'•_ =_. ; ? taxes; as described below. together with all expenses Motored In recording, perlbaft or continuing this Deed of Test including withoat limitation efftt n% fees, documenhuystamps, and other chargesfor recording or registeUg this Dead otTn At -- v :; i :•,.. Two, The following shall constitute law to wMcbn this secffon applim (a) a spodfia tax upon th3 typa.of Deed of Test or upon W or any .:.. : { part at `rP Indebtedness secured by this Deed of Tns% (b) a spectllo tax on Tr stor which Tnstor le aulhoemd of regulre0 to deduct from ;• , t., s paymenf9 on the Indebtedness sectored by this type of Deed of Trust; (o) a tax on this type of Deed of trust chargeable against the Lender Or _ �. the kidder of the Molq;'and (d) a specific tax on all ar airy portion of the indebtedness or on payments of prinotpeb and interest made by Truster.. " ' Subalq x" Tam It any tax to which this section applies is enacted eubgequent to the data of this Deed of TrusL fhb evert shell have the F rect of Default (as defined belowl and Lander mzp rctse any or all of its available remedies for an Event of Default as soma rd as an E ess pprovI r�vetow untessTrustor either (s) pays the tax bafam t becomes d3dnquant, or (b) contests Me tax as provided above in the Taxes and deposits with Lender cash or a sufficient corporate surely bond or other cocurtty satistadcayto lender. . tiarVM Men and �CtJp'NTY JCGREEMFM3 FlNAtfCQtG STATEMEM Tho fosowing pmvlstons relating q TIb Owed of Tnst as a security agreement area part of thisDeeddYnxt Se= MV Algeement This irlSbUmert shall constitute a security agreement to the extent any of the Property constitutes Mums or other ., • �;; ; s palter. s property, and Lander shall have all of the rights of a secured party under the Uniform Co.'rse etah Coda as amended from time to r s r" time, Srecttdty Interest Upon request by Lender. Truster ececute One" statements and take wt..�7rrer other arson b reQtresffid by lender c! end continue Lendefs security irder�t to tAo tints and pbrsonal Property • to addition to recorr➢rag ttQS Oiled of That in the rest i retards. Lender may. at arty time and wttthout tft73r auMOrizafion from Tnrsthr. Ate executed counterparts. or reproductions of o< Tnst es a ftnandng statem ent T shall relmbtrnfor as expenses Uncurled in pedeaft ar continuing th's securry on detaul6 Tnstor shag assemble if fe ortat trropsrr and at a place reasc sabfy comrenlert to Tnstor and tender :L�Llp r7Erxe t available to Lander vulthtn three (3) days after receipt of v dAmand from Lender. ': •.• „' : Addresses. The mdng addresses of Truster (debtor) and Lender (secured p34N A'om which intormaton eanceming the sacudly t gravy this Deed of Trust may be obtained (each as required by the Uniform Coal Code). are as stated an the first page of Ws Deed 4 . },