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<br />�_,f�,,.� COVENANTS � '
<br /> �� �y��� 1Q
<br />� i•^ �r ���••.�.•
<br />-, ,,.,�,_�� q. Borrown �pnu to m�k� all paymants on th� sacured dsht when dun. Unleu 9orrower snd Le�Br����i�l�e, any
<br /> � {�aynor�ts Lcmfcr reniv��f►om Borrow�r or for Borrow�r'• b�neflt wlll be�DP���d fk�t to �ny amounts Borrow�r ow�s on the acund d�bt
<br /> •xalu�►v�ol Int�r��t or ainc�p��.��cond to int�r��t,�nd tMn to princl���i.If p�niel ar�p�ym�nt of the�ecured dsbt occun for�ny re�ton,It wlll
<br /> � not raduc�or�xcu�e�ny�c1i�¢ul�d paymsnt untfl the eecured debt I�pald In hill. �'y,_
<br /> 2.Cl�lnu ApNn�t 71d�.,8or�awM will p�y d�t�x�e,nRauments, snd other chnrpen�ttr6isutable to thepr openy whnn due and will de}end title
<br /> � to th�prop�rtY a�paIn�t�ny G+IM�whbh woWd ImpNr thf Il�n o}thl�de�d oT truet. L�ndur m�y rnqulre Borrower tp eulpn eny riphte,clalms or
<br /> def�nu�whlct�BDrrow�r may hw��palnat pard�s wl�o�upply I�bor ar m�teride to Impraw or mflnt�l�the pruperty.
<br /> � 3,{nwtM1N. Borrow�r will kup tho prop�rtY �ntund und�►term��«aptebl� to Lendu► �t Bcarowu'�expun�a end for Lendet'� b�nefit. All �,
<br /> �n�winc�policN�shHl includ���t�nd�rd mortC������Ut�(n Avor o1 L.�t1dN.I.�nder will bs rnmnd u br�p�yee or�s tha Imured on�ny�uch
<br /> Imunnce policy. Any Imur�nc�proc��di moy bo�ppll�d,within Lerv.le►'�dl�cr�tbn,to sltiMr t►�rntoration or repdr of tl►�d�m�ped property
<br /> or to tho aecured debt.If Lender requln�mong�9s Insurancs.Borrowo.s ayrnea to mnlntnin�uch�-neurance for a�lonp ea Lender requlree.
<br />•-�-� • .Borrow�r wlll k�� tM prop�rty In qood condlt�on�nd mrke dl ropelr�n�Rannbty rutAeu�ry. �:v
<br /> �-.�•.r 4.hOpM��I P
<br /> :,rurrM��� 6,�p�n���.Borraw�r�pna to pay dl L�nd�r's�xp�nn� Includlnp rn��onnble ettarr�ya'feas,If Borrower breeke any covenent�In thi�d��d
<br /> � ot truat at In�ny oblip�tlon s�cund hy ihf�d��d of trust,�orraw�r wiil pay theae emounta to lAmder ss provided in Covenant 9 of this deed of �
<br /> ,_ _ -..�� trutt. �
<br /> A �,ry���y�tK��q.Unleis Borrower first obtalna Lend�r'�wrftten consent, EO+�ower wSil not m�ke or permit eny chenyes to any prior
<br /> � 1 ciudl�Borrowar'�ownsn 4It make paymente�wh n�due blip�tlons under any priar mortga.�e, daed o} truit or other aecurity sgreement, _
<br /> " � 7,A�Np�n�t of Rmt��nd►rolit�.Borrow�r�sifpn�to Lender tha renta and proiits of thn pruperty.Unleee Borrower and Lender have apreed
<br /> ' otMrwlN In writinp,Bortowu m�y collect and reteln ths renta e6 lonp ao Borrowar IR not kn defauit. If Borrower defaulte, Lender, Lender'�
<br /> �q��t, ur� court �ppolnt�d racdwr m�y t�ke poueulon and mrn�ge the propertY end coU�r�et the rente. Any rente Lender collects ehai) be
<br /> r �ppll�d (int to the costt of m�n�pinp the prop�ny, Includinp court cocta and etto��YB� fcr�o, commisalona to rentel egents, end e�y other
<br /> , � n�an�ry rsl�ted�xpsnte�.The remsinlnp emount of rents will thTn epD�Y to peymonu on tha aocured dobt ac provided in Covenent 1.
<br />�-..-j;`�.: ".
<br /> ����qld�•Cp�do�r�M;p��ewwd Unk p�vNop�m�•BorrowM a�re�s to eomnly wfth thn provlsions o}any ls�se if this dsed of tru�t la on
<br /> �',�� �M��Nwld.�Mls dNd of trust I�on�uMt In a condominfum or� plinr»d unit dewh�pmunt, Borrow�r will perform e11 of 8orrowsr't dutNi
<br />-:�:;h,v°:. ur�r tt�cownant�,bylaw�,or n9ul�tlo�of tM condominlum�o+pl�nn�d unit devabDment,
<br /> :'.G-Ny�• 4
<br />.__.!����� !,AtMhorltY of A.�ndK to P�rform fa loaow�r• N Borrowsr fAitd�to�p�rtorm �ny of Barrower'� dutles under this deed or trun, Le u m��
<br />.;;.�� form tM duti��or owt�tMm to M p�rform�d.Land�r m�y t�iyn 6arower'�n�fms or pa.v any�mount it�ecaseery Tor performence.If any
<br /> � +�'E, co�iutruutlon on tMpropKty I�diecontinued or not carrisd on In o raneon�bl�manroer,lsndea m�y do whatever f�necesaary to protect Lender'�
<br /> NCUHty Int�r�yt In th�property.Thl�may Include compbting thd constructlon.
<br /> - -. t L�nd�r'�hllun to p�rfam wiil not pndud�Lmd�r from�xerciti.*�p�ny of itt other rfphts und�r ths taw or tMs d�ed of tru�t.
<br /> -���� irW wl„biii Inti'rilt fram ttwtd�ti�of thi paymint until�p dt n fi 1 st+tl»inte si r iti In�sftr�ct onf tha iscured debt unte will be dus on demand
<br /> '.`ti'�St�
<br /> �;,;�-� �p, p�{�� �eeNw�qon, If Borrow�r talb to m�ke �ny prryment whsn duo or bro;ik� my covemnts under this deed of trust or my
<br />,_�,i� o�lip�tlon pcund by thb d�ed af trust or any prbr mortp�p� or deed of truat, Lende�m�y accetents tM m�turity ot th�wcurad debt and
<br /> - �m�nd Imm�dlat�paYm�nt�nd m�y Invok�the pow�r of s�N md my other rsmediei perrnitted by applicable law.
<br /> -;s�.w���
<br /> �.?�'��� 11,11�MSt{or Notic�of Gfwk.It I�Mraby request�d th�t rnples of the noticee ot dadauit�nd sat�be ssnt to sech pernon who is�puN
<br />:.3.A��.�� Mnto,�t tM addn�s ot sach wch psrson,u set torth heroln,
<br /> }�w`,?_�� 12./ow�r of iW.If 1tN L�tW�r invok�s ine p�w� ��::i:,.t�.F Tra:ie::!'w!!!:::xortl in!he oi}inw�t thw roal�t�r of d�eds of sach county
<br /> .__�,���a wMr�in th�uust prop�rty or toms prrt or parcel tMreof is�fturrtod a notice of def�ult contdni�+p tl»information r�quirsd by law.Tf►�TrustN
<br /> shall�Iso m�ll copNs of tM notic�of d�f�uft to tM Borrower, to e�ch p�rson who ia a p�rcy F»nto,nnd to other peraons a�pnscribsd by
<br /> '�'�'�� �pplla�bl�I�w. Not 1���th�n ons month�fter the Tru�toe recordc ths notice ot d�it�it, or two month� if the tru�t prop�rty Is not In my
<br /> - incaporat�d city or villq��nd i�us�d in f�rminp op�ratbns carrl�d on by the truata,tP�e Tru�tee shill pive publio notice of nb to ths p�rsons
<br /> �nd in tM manne pre�ulMd by��ppplicabk lew.Tru�t�s,with�ut demand on Bor�owaa,shUl seli the popeKy st publio�uction to the hipM�t
<br /> - — Traui N�miy po�tpcns ub o}all oriny pirceltof tthi p op�rtY IaY Publla announ�ce�man��t at thetUme iprx ple ealof anyrpQevlousby icMduled ab.
<br /> L�nd�r or k�d�siynM m�y purchsse ths property�t�ny�d�.
<br /> �lpon ne�lot of p�ym�rn of tM prlc�bld,Trust��shsli dNivw ta th� purchuer Truette's deed conveylr�p the propeny.The nciti�ls cont+ln�d in
<br /> TrwtN'a dNd shdl W prima facie�Wdlsncs of tM truth of thn atatement�contU�vd thersin.Truatee�hell apply the proceMa of the saN In th�
<br /> _�_ iilititim�nt iia��lb to�all•umi acund by thl�dNd of�t uct uand lcllthet bslenr«o�If any tlo t e porsona Iepeily entitlsd�to�eceive�i,fNS md
<br /> 1�,Fa�dowr�.At Lend�r'�optton,this deed of trust may bs forocloced in tho nnanner provide by applicabte I�w for foreclosure of mort���
<br /> on rtel propKty.
<br /> 14,kwp�ayon, lmd�r may�nter tM p►ope►ty to In�pect It Ii Lender pive�Bcxrovwr natice beforehand.Tha notic�must tt�t�tM n+�on�bN
<br /> o�up fa L�nd�r'�Insp�ctbn.
<br /> 16,Cp�d�en�lhn.Borrow�r asd Qns to Lander theproceeda of eny award or cl im for dam�pes connected wfth a condemn�tion or other taklrp
<br /> — p�itjr�N�tf the propsrty.Such proceeda wlll be eppllecl as provfded in�ovenant 1.7hla asaipnment la subJect to the term�of eny prior
<br /> i Y W�BPon Boirow i iydetiutta Lindit do�ii�mt wsiveiny�ipht to 1 tsp�consider ilii evtsnt i�defiutt if it hspp�sniigilny. By not exercith�p
<br /> ----- 17, Jpinl�nd swKN li�E�fty� Co-alpnKS; Suec�swrs r�d A��Ipn�Bound.All dutlee under thit d�ed of trust ars jolnt and sever�l. Any
<br /> Borrow�r who co•Upru thl� d�sd of Vuit but do�s not co•spn the underlvirp debt Inatrumentlsl doss so only to qrent md convey that
<br /> — Botrow�r'��nt�ntt In tM praperty to the Trustss under the terms of thls deed of trust. In idditlon,such a Borrower syreea that the Lender�nd
<br /> �r►y othe SarowK undN th��d��d of uutt m�y sxtend, modi�or mske any otMr chanpes In the terms of thfs deed of trust or the tecursd
<br /> —, d�bt without that Borrow�r's conant�nd without rel�atinp that orrower from the t�rm�of thla deed of uust.
<br /> � TM dutN��nd benetit�of thi�d��d ot trutt ah�ll bind and benefit the wccesaws and eesfem of Lander end Borrower.
<br /> -�—_ 1�,Nalle�.UnM��otMrwi��nqulnd by law,any notice to Borrnwer chall be piven by de8vering it or by meilinp tt by cortliled meli addre�ssd to
<br /> _-__ ° 8arowe�t tM proWrty�ddnu or�ny otMr�ddress that Borrowsr has given to Lender.Bormwsr wili pive my notics to Lendsr by certifi�d
<br /> _= ;� mail to L�ndK'��ddr�t�on p�p�1 0}thla d��d of trutt,a to any otMr�ddrou whloh Lender ha�deslQnet�d.Any other notice to Lordx�haU
<br /> b�Mnt to l�nd�r't�ddns�N stat�d on pap�1 of this dssd of ttust.
<br /> _=4_-;a�.��
<br /> <<-:_��,., Any not;c�th�ll M dNrt»d to hsv�b�en piwn to Borrower a Lsnder wMn pivon In the manner stated above.
<br /> _°�°%`'���= w�NMt{d�k�teNt M th�Barow�►.if ell or my part of the propertY or eny Intoreat In it is aold or transferred
<br />_ �,:;,� ;.., 1�.Tr�1M of tM rropwty
<br /> .�:�,,,�.'� wkfwut LMdor'�ptiot wrht�n cons�nt, L�nd�r miy d�m�nd Immadiete peymerrt of the eecured debt. Lender may eteo demand immedlete
<br /> '�i-,^�- p�ym�nt i^tM Borrow�r U not a natwat psrson end a ben�ficiel Interoat in tM Borrower is soid or trensferrod. Howevsr, Lender may not
<br /> - �� ���- �'' � d�m�nd p�Ym��t In tM�bow�ftwtlorn if it is prohiWted by federal I�w ee of the d�te of thla deed of trust.
<br /> ....F.i'',:
<br /> .�i.. 2p,R�ponwy�nc�. WMn tM abllgatb��ecured by thie desd of trust has been pald, end Lender has no further oblipetion to make edvance�
<br />-.; r_„ .: undM tM Instrum�M�or Nm�ntt secursd by this deed of trust,the Truatee�Aatl,upon written roqueet by the Lender, reconvey the trust
<br /> �- `� "� pro at�`M.t���r����!NI.�e���tD B°nY re ord�tbn co�ts er'�nuccessa in Intsreet,the tru�t desd end the note or ather evidencs of the
<br /> :��,. -
<br /> �� __ 21, {yc�MSOr T�uttM. L�nd�t�at Lsndor'o o tbn, ma romove Truatee and �ppoint a wcceasor trustee by first, mailiny a r,opy of the
<br /> ---� . . . . . . __..�__ ._�i��u�P... ....t.X... a..�ui.,,..n.�.�nu:r��ru,n�I*mstee tnr record In the office of the reaister of deeds
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<br /> :,� _ � �uwt�tutron or mni���:i�yv��.....�.�.............�p.......�.,_ ....-t-------
<br /> '� ` iuecHd to�IiM powa tdutiei au�thorrt�y in�dr tftM oi tM Trust e namedaln t o d�eed of t ust e d of eny eucceasor truatee,of the propetty,shall
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