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<br /> ��:��:� .`.e � IAALS ID� 0163A149i , ;-
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<br /> _ aad sflalt ootnpiy wltb the�ravlsioaq of any tesss if tbis Ueed of , x'L•
<br /> - �` '`°` � �mpaiimeut os deterlo�on of th�Fcopeeq►
<br /> �'` Ttust is oa a teaseho2d. V this D�ed of Tcnst is on a unit in 0 ooadominlwn or a plan�d unit development. ._
<br /> ;.,.�... �, , ,,
<br /> � ,, •:: �'.�". l�orrov�rer shaU gerfo�a ll of Bo�xower's oDligations�aad r�gulsutana of the wndamirdua►o PIa���t ���°__
<br /> �°,4�:. '., the�ndamiainm or P1mmed uait developraeat.tAe b3► ��.�:,•'
<br /> � -. .<<�° � deve�IcPm�t+aad canstiu�eat da�- -. :.:
<br /> ��. ; q.�trote�ton of Lffider's 3ecaeit�►. tf Bomower feils to petfo:m ttt�oovenants and ag�coatatned .
<br /> ���=�",rM.-�>; is commenced wbich materially affeWs L�der's interest in � ,
<br /> ia tt4is Qee4 of 7'nut,or if aay attioa or pro�ding .disbwrse F°°`"
<br /> � � :. • t is �ce to Soma�rer.may make suc�aPP�°� , k�-
<br /> - ,T.� ths�cagerty.then I,ender,at I.���Ps�p�•� -
<br /> sucb snms,inctoding reasunabte attom�ys'fees,a�tage sush astion as is n�sazY w Fmtest Lender s
<br /> . '���'� interest. !f L�ender reslui�� as a condttion of makin8�he toan secured��� �Y:-:�'-.
<br /> . Trust,Sonov�et FaY�P���to maiatain sush iusarance ia effect tIDtil __
<br /> ,Y, shaU y --
<br /> '. r " � �``.•: in s000rdauoe with Bmmwer's aad Lender's wtitt�ag�n�� --
<br /> . � . . �emeat for sudi bas�uance ur�at� _-
<br /> _ ". ,� ' ��._�,. applieab�elaw. � to tLis para�aph?•wi�b tnt�t theieon�at the Note ratc,sba11
<br /> ; ,,,� . .r . p�t amounts disbmsed bY I�ender P�
<br /> � �` '�� �� becams edditiona3lndebtedness of Boaawer se�ed hY this Dee�of Tmst. Un�s Borrower and?�eader agcee
<br /> ._ . to oihet te�ms of payment.such amaimts�p b�e��9�arequ'u�e��r to insau� � �� .
<br /> ,�h,, paYmi�nt thereof. Nothing�
<br /> .� .. ; �
<br /> -° action hereuader• ons of the
<br /> �`? � .8.Insp�dtun. L�nder maY makc or cau`e to be made rxasona62e eutries nPan sud inspe� �onabFe
<br /> �; .. ..� �L�pmvided that L*e,a,�d,,e�,r,shalt�ive�wp�� notioe�rlor w aay sacb insPecYiou specifj►in8
<br />. . �a.�•f;;A "(�$e.41G�f++vT re'���iF++x+�=�s���..�s.•..v,l�w�• l�r s��r�� � ,
<br /> . . , ,_:::�,x•=�. , 9 Cond��, ghe gDmee�s awausOTC�A�11! Q�$� � —
<br /> YA
<br /> ('�`�.i*`," oonnecdan with any ooudemnation or oti��midng of the PcopertY.or part theteo�or far oonvcYance ia lieu of
<br /> . assi az[d si�ff1F be paid to I�cader, I e.deed of
<br /> • sab e�t to the tem�s of any mort�8.
<br /> ;:�� ...;,:` .`�:;; cnudemnatFon,sie IIeiehl+ Sn�
<br /> � � . ;. � unst ar other�it3►�t aith a lien whi�h Has prioritY over this Deed of Tn�st. .
<br /> .- � `:"5�.-' 10 Bon�ow�Nat Rel�sed;FurDeara�ace B9 I.ender Nat a Waiv�. E�sian of the drne fo�r�payment _ .
<br /> .:.-``�:".."'""" . , of d►e sums secm�ed iN t�is Deed of Tnssi gtaated b3►I�.�°�►Y.
<br /> ,:a ��_~„:. - : or maAificatlon of amorti�on w release,in anY maan,er.the 13ab�iry of the ariginal8oaacver aad .
<br /> _:,,. �: �..,; . inte�esc of Bouawei sba11 not operate Aut be requlred to camme�ce p�:�� ' `
<br /> , . .� �r goaowe�'s soao�ssoia iair�rest. I�ad�°�aall
<br /> �''z � su�ssor or ief�ise w extead dme fot.�?�or otheiwise taadifY auwrti�fon of the sums sec�ued by thfis
<br /> � '�'` the origiaml BQrrower and$orn�er's snccessois in iateies�
<br /> . ::,,.; �abls . �
<br /> �;' "•=�'� ',.��' � �� Lender in e������_�Y hezeander,or atha�a+ise afforded by appli , .
<br /> '�.t , ,�
<br /> ' - � taw.shall aot ke a waiver of or prectad�`s&e exen�ise of auy snch tight or rem�dy. `;;� _
<br /> 3:s r..� .�Cnv�ob l�twl�3Ut��• �ODVEA�.� � °�:
<br /> :., , ,__ qp�ztg•s.3+a.�-�-- ;:
<br /> ` �I.3��'8 8IIt0 E��� .,
<br /> •.` '.,_ �� agc+eemeuts herew contained;it�11 btnd,and the r�ghts he�under shalt iaura to.the�speciNe.s��� .t.'., ,:
<br /> `�:�. assign4 of Lender and Hanmaa�'e sitbjecc co the provisPoas ef paragraPh 16 hareof. Alt cove�t���
<br /> _ agrcements of Botrower�8A 8ie joint and several. �My Bosmwer whn��&°�nv��aimwer's latetesc in . _
<br /> uat e��ths l�tote.(a)is c�BainS�Deed of Tnut only w grnn
<br /> � -._ _ �p��tr��'�e�scee uuder the teimg of tt�is DEed of Tmst:(b)is ngt pessonally liable on the Note or under �
<br /> ,� thai Lender aad any other Borrower h�under may'agcee to e�d��fY+
<br /> � r ..�,� �,�.'4 � this Dee�of'�t�'�,,�t.sud(c3� to the terms of this Deed of Trast or the 1�Iote.wIt$out ,
<br /> � -��� faibsar.or make anY°���odations wtt6 segaxd this De��f Tztist as to tbat
<br /> ':.,� �:.f;;3 th�Borrowec's eanseat ar'.�+�o�reteasing Wat Bomower or modifyiug .
<br /> � ...
<br /> ., s '. gortowes's t�s�ib the�rtY• under appiicable law w�e given iri�her maaaer.(a)aaY
<br /> maaae
<br /> .!, ,:�' _ iZ.N�tta�;���cceDt for anY notice reguited �ch natice
<br /> • - ' . swticP to Bort�r Dmvid�for in this Deed of Tivst shaU be given by delivering it or�Y�
<br /> � . : n
<br /> � ' `' � ;��fied mail addressed ta Borrower at the PmpenY Addmas or at sutb other address as Ba�wa�r maY
<br /> .,`: :
<br /> .,.�;,.,•;.y•�:• : ':.�� . � �iguate by notioe to��Pmvided Ilereln.and N)�Y�ce w Imder sball be�ce toBorroweA maU
<br /> .,.,_:,����i:..�<,: . .
<br /> �: ,.:r,;�� _,:'.� , to LEader's addres.s stated hcaeta os to such other address aa I.ender may designate b'Y
<br /> •���..a�f� >t'... ; �:;:
<br /> '-`.:•,,,;.},�,��� :. . providod heiein. Any notlse P�vIded for In tii�s Deed of T:ust shall be deemeQ w have beEn given co
<br />_ ..;:,���'t'';�' �� � Sormmar or Lender whep g�ven�the mannes designated hetein.
<br /> ';��?��`'_ `•.•� '. 13.Governing 1�aw;�evtrabiHty. 7�e state and tocal laws appticable to this Deed of Tn�st shall be tha
<br /> � 'l:�nass of the jurisdia3on irb'�icb the PrapenY is located. The foregoing senteuce ahaU nat 19mit the applicaD�ity
<br /> .< .F�•�.,�. ' ' on or clmise of this De�d of Tnut or the
<br /> . .�� ; . , ,'afr�ederat law to this De�i of'i�t. In the eyent tDat an3+p�
<br /> ' . .. �. .filote confli�witL a p plicable law.such cantlict shatl not affect other.pmvlsions of tt�a Deed of Ttnst or tlie �
<br /> . ',, � Note wLicb r�s be givea efFect withow the wnfltcting Drovlsion.aad tr�tt�s end the pmvisions oY this Deed of
<br /> .•: . ;�. . :, and at�Y9 fees
<br /> •� ' �',rust and the Note are deslared to be sevesable. As used herein.'�,"•e��• • ' °
<br /> , . . . • 'sacIude a11 sums to the e�IIot prohi'bited by app�icab�e law or timm�a�h�erc�n• � `' �
<br /> � 14.Bo�wer's Ce�. Borrower shall be fumished a conformEd cCgy of d���asd cf�t�is DeeA df � •� ,
<br /> -- -_ .. . ..- - Trust at thg i�m:of ex���or aRer resardat�on Uereof. . �
<br /> � � � 15.Re'�39itatian�iaan Ageement. Bomawer s1�a11 tfiilSll� p=rowrc�wee�r�Wto�a'rrt��der�L+endome
<br /> .-��`� -- .. .:-:' ' � rehabi3�lsd�r,imP�ve�.�A�•ar other loaa ag�aemen t�le ta l�ader.an
<br /> -,;�;. �. ., ad
<br /> � ' at l,endei's apt�on.maY ir�x.ire Bormwer to eaecute aad deliver to l+end�;,in a fasm ar.�P labor,
<br /> � . assignment of anY tiP,�ts.�alalms or defenses wbir�Boaower maY have against Parties who supply . .
<br /> � materiats or servioes in ooaaectian aritb improvemeuts made to the Prope�tY• � of the PmpertY oi� .
<br /> � . 16.Teaasfer of the ProPeri�'or e Beuefidal I�erest M Boim�►er. iY all or a�►Y P�
<br /> �. � .. any interest in it is sotd or traasferred tor ii a beneflclal interest lA Bonower is sold or uaasfernd and
<br /> _ --. . . _ ::-.'. Initlals:��� .
<br /> .� � .�� • . pnge3otS DoaYrePFA�.Iac.
<br /> . � ' I�1i-10043996
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