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<br /> Ron,ar ff rttqtt85tod by Len�ar.�eDosit vr14A Leader cast��a sut�defi carP�suroty►Dortd ar atAet secWlty sat�ctarll to Lendsr tn en
<br /> �� ;. " � amotm!6��e�sClte�ge 13ts l'�PNs enY�IS ead ettomGYs'ti�s at other et�arg�St�st COtGB 8�ua es 8 t�tdt�f a tmedasur��sale �.,,�°'
<br /> - • • iutder the i�r+. !n 8r�y Coe�st.Tnt�r sha!Qetestd f�P 8M Lendsr Bn0 SftaD saBsill enY edv�s�I�d9��befoto entarcort�at�t BgaTn.,"t tA� .
<br /> �;`� '' ; Fraperty.7hisDOrsfla�name Londar as an eddittonel abUge�unser enfl S u re h►bortd Aun�hed In tTu�i co�st pr�ee�. , � ,<....
<br /> . �a.� �noe o!Paya�L Tn�stor sl�a0 uAan demand flun�t�to tendsr eaxstactaly►eNQaneo of paymerd of tAe�s ar es�sme�and sAaA ,.4�. .
<br /> : <: :�� �Ae�Y �BDA�Drtate 8o+ramrtmr�el af8dal to Qa[ver to Len�r a1 any tlme a wAtten ataflamant of ths�s end essessmenb eSainst 1he .:� `
<br /> . � � .� � haSte o4 Ca��tar�.T�ustor st+eA nt�itliy tsndsr attesst 8fta8r►(t6=days Ostore any wattc is eammenwd.enY seM�are f1uNst�eO.ar enY .
<br /> . ,`. materte�8ra s1t�Aited to ttie Rro�►.(t erry meehania3s Qen.ma�s�ne�'s Cen.or othar Uan cou[d Ee eserted on ecaawit of Bea wak.
<br /> .-� ssrvtc�,ar maffida�.ihstor wN upon�quest of I.en�flunish to Lender advanee asstaancss sati�actary to Len6er that Tn�stor caR and v� .
<br /> `•�'� paythecostolsuchtmpravemerds. ' '`.�
<br /> `,` -- PAOPEATV QA6?A{iE(lb31�Alif�:The taQowln9 Provtslor�s reietln8 to instutr►9 tho PropertY are a�rt cf friLa Q�sd ofTrusL - x-`
<br /> , .�# B�nsnea of tHEUf�t�.Tn1s�sriaD pra�re aad maIr�tn Oottdas o16r�s insman�wi�star►dard�ended eoverage endo�mer�cn e _,
<br /> .. . :l � rept�ment basis tor tha Mt tnsar+aDta vat�eovertn9 eU tmPravoments on ttr�Rea1 ProA�f►tn an amount suff[�iant to avotd epper�iton a!enY .�a,�
<br /> � CcU�stuance c�ause►and rr8h a smndacd matgagea dsuse in favar o7 Lendsr. Tn�stcr sfiaB etso P�oatt�et��nainisln eamp�ehensNe 8er�erel
<br /> � .- ti.. Q a b t II p I n s�r a�e f n s u c h�e�o u�es Lend�r r r a Y rs R�waA tr�stee and ben�Oein9�ed esad�9oAa1 insursd9 in sveA Uan➢3y _
<br /> ..y:�' .. insurance paiicfes AQdiUaneBY.Tn�fot 5he0 meUttstn SuM ather tnsurat►�.ind'1dt�tg Etd nDt Um�d to�8sard;bi�nass it►tertuP Bor�.e�d _-
<br /> ' ;` b�r tnstam�ce,es Lettder rt�Y�easonablY reQ�ttca� PoEetes SttsH be wrf�n in t�rn.emounb,�saH�s and b�sts teasotiabh ecceDtBD(e to -__
<br /> • tend�end Fssved bY s compsrry ar wmPan�s ca�o�N e�ta to Lender. Tnataar.u�oa raa��est af Land�.wID de�rer to LenQer 6om -
<br /> " ``, � tt�ta Etne thB polld�or oaru6e�s of tnswance(n t�rm s�tY to l.sttd�.tr�n9 supu�Hcrs ttrat caverages WID trot bs e�t�5ad� -
<br /> �.. t`..:,�. . �tmlNSneO wfthout at teasf ten(10)day�Prtarvrtitten naSea to Len�r. Eech 6�siuence PaQaf►eBo sReO tnclade en enQatsement Ptovt�n8 fl�a1
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<br />- G: •t- . cove�s4s In tavor af tender wID not be tmpa6ed tn amI v+aY 6Y�Y 8ct.omtss�an ar�ot Tnator m enY othet Person. 8hou2d the Real
<br /> ``�� � Fra�Ay at any 6rtta bec�m9lGCafsd In an erea�a bY�s Ci�ctar M tlia Feda+sl EmarBanaY tNana�nt A6encY as 8 spedal ftood . .
<br />=.:�.::'•. ,:�: :; he�d,�a.Tns[��S to abtatn end m��e�Flood tnsurance far9�e fl�w=paid pdnctpal bafanCe oith9laan.uA totha m�Qmum .
<br /> • � � - po�cy M�fs set tmdet the lYa6onaf Ftood Ir�stnsrtice Ptagram.4res otlrwv�tse r84ut�d b�►tender.end to mah�taGi aqch i�surance fct the term af a-
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<br /> . �}''� :'� {ry�(pg�. Sea °Additional Pcovisions unde� ttaintenance o8 Insurance.. _ --
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<br /> . :::,. . � �t�SOn of P�aceeCl.Tn�shafl Pror►�8Y no64}I Lender af tass a►damag�M the ProA�Y•tender maY�e O�of of fos9 HTn�star _
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<br /> � fa�to de sa vAWn fiftesn p�6aYs af tha�sualt�t•Whs3her er not t+�►�dets seGatty►is Impa�Lend�maY.et i��eG[on,cecelue ertd reffiin =-
<br /> ••�� r � ing p�oceeds o1 any Insuranc0 artd aPPH�D�to tha�eductlon ot tha Indabtedrtess►PaYme��of erry Oen aHeCtln9 the PrapertY.crfhe _ -
<br />— � ,._1,•..<i '. . testm89an 8Ad tep8lr Ot th9 P�oAedY• It Lendsr e(eds to eDDN�e praceeds W�astotaHon and t�s5.T�stml reDeb p�epi�9 tn9 _.
<br /> - • Qamaged or dastroyed Imaroveme�(n a mannar satLsfactnry►to Lender. t,ender shaD.aAOn sal�factory Oroof af sucA mcpen�duer paY�
<br /> ._ • -x � �eimbu�sa T�tar trom ihe proceeds far the�easonabie cost of repatt or c�toratten It Tn66�r ts not tn d�ta�dl under ll�s Oeed of Tnsi Arty -�.
<br /> praceeds wflIeh have not Oeen dLsbursed wiR�in t�t►days a�r their�ecetpt and vfiich Lend�has nof aommitied to the repa���tara8an at _
<br /> • .:F • tt�a property slfaD be�ed&st to PaY�►Y���►p8 to Len�und�tNs deed of Tn�ther►to pay acaued I�t s�0 ttra�rt►strtder,it =_
<br />- - _,,.�;:.;:.: er►Y.sNaA bs appQed to ihe PrtndDal Catartce ot tha.(rtdebteQness. If Lendar ha1Qs ar►Y Draceads aft�paYmer►t in NB at tt�e tn�.�ss.swfi
<br /> � ; ptaCeeQ9 sItBD be Patd to Tn6tor 8s T r u s t o te i n t e�s s b m g Y aD p� ....
<br /> {A�������t�o�r sai�hetd unders N�proiAsiore at tAb Deed otTn�or�et an5►foredostue�of u�d►1�toA6�tY�� —
<br /> � . � TtostpPaRepmt en t�uetee. lJpon r�aest ot Lender.hpwever not mare t�an anca a year.Tn�star sha0 ftmVsD to�ends a ceport on each
<br /> . `�� �P�Y at In5luaeoB showtn� (8)1t�b Aem9 ot the Itsuror; (bI�R risics insured: (a?llt9 em0unt Of U�e poBCy: (4I$1e��ty tnsureQ,
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<br /> � Sua tRen amc�r�t realaosmem valus of sucA ProAertY.and fha mann9r of dstertNning that vatue:a�M (e)t3�e e�ha9aa c1sb� a�#t�D PcQaf►•
<br /> ..�rhs�.. ,'; •� Tra�ac st�atL c►Pan cequest af Lend�.have an inQependent apPralser saUsfacto�l to Lender A6te�mine the cesb velu�r+Bpf&n�ft Cas4 of the ---
<br /> , .. . _ . .;`,� E�ertS►- �'.. , _�_
<br /> �l0itliit�5�lY 0$�ID�iL If Tiustor la�s to�►YwSt►enll P�v(ston of thb d�ed ot TNSt.or N any e�an�pra�ediM ts eommen�d t�at: � `°::-<
<br /> '. ;`:�� woutd matmtaJN ef�t t.�defs interesb in Ih4 Properl3l.Lender on T�stata behaif mari buf stiaD not bs raq�6red�O.fafcs enY acBon tAat Lender....� --
<br /> , • , `�� Qssms ePA�PAste.P�n3►amow�t tnat�ender e�ends tn so Qmng wu!E�r Interest at U�e rat�Drovtded tor tn tRe Nnte lmm tAe dffis inaunea or pe►d --
<br /> • � �� '4 �Y 66a�'er to fhe d9te of�p aYment bq TA�tot. AA such�e�ses.at L6ndels oA�on.wIlt (e)D9 09Yebie on Q+Bm8t10.(�)de eddad to fh9 b&tertoe
<br /> ' �� ��` at the Nota and de apPartlanaa among end be payabts wfU►anY tns�Umert OaYmenb b becoma duo dtuin9 efth� (q tlte term of eny eDA�'�
<br /> � � � '�� Insurance pci{�I or (�the remaiNs�g tertn af tAe[sat�oc (a)Oe heatod es a dailoon Daymem wNch wID Ee dus and 0�yaf�te at tt�a MotB�matur(tfl `�y•�
<br /> � ' '��: fits OeeO otTnts2 atso will secure paymeni ot tt�s emotmCs. Tha rlghb provtds3d tor in Ws OaragrapA shall be in ed�AOn to arry ofher A9hfs ar anY -_ _
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<br /> . ... ` ::; �n�homenyremedY hatitottt9tw�svuo�dd�hav�etA�ffiutt Anysuches9onbYLenQersheUnotboear�Oruoda9a�uin8the�rata�dlsoesto `.
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<br /> ..�,i,,;;:_.. ':.:. .'� WARRAMY:DEFEHSE CFTfiIE ThB foQovAng Provtslons ceta9r�8 to ownersNP of ths Pro�e�ty ere a DaR ollhis Oead ot Trus� �:�;:
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<br /> .,, ::�' . TiBe. Tnatar wananb tAa� (e)T�stor hatds 9aod sn�marketabfa Utle of tecord to fha P�operty In fea sUnPte.hae and cTear of a0 Qens ane �_- _.
<br /> ["' 1���' .: " � enCUmOrartee�3 othse Uian those set taM tn�te R281 ProO�YdasalD�on or M enyt 6fls tns�uanee Po11oY.tltte reDart,or sinat tHte opt�don tssue0�n E�+.°:
<br /> � " tavar o}.end�oeepted bY.�enQer tn connecl[ron with Ws Oead af Tnisf.end @)Trustor h9s the t�ID dg�t,pawat,and aulhoAry to e�ectRa 8nA �,•-
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<br /> G:`. •'• „�. . .% Q91N6t tNs QeSd otTrust to Lender. ��: _
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<br />�:� , . �efenee o!Ti4e. StdfSeel to tlte exceDIIOn(n the pare9rePh abovo.Tnrsta wartanb and w81 torever d�end ttw 69a b the P�opM1y 1_�inst tln . :
<br /> �`.� ',' ` 9ewtW dairt�s o}sU persans. tn the evani acry aetton ar proceedtn9 Is commenced tha!q�.�HOris 7nuto/s tl9n or the hKerest ot 1ri�iee a E____.
<br /> �. • . ., ::; '� lender under ihis Daed cf Tnst,7rustor sAeil dofend tho ectlon atTrustor's e�ense. Trustar m�y ba fhs nominel party M such praceedtnp,but �-''
<br /> . � Tn�star Qerivot ar ca�b bs�QaetNeree to�t s�ircfianE tt�o�b enb esLenQer+maY�A��UmO b eme t permlt 88uCA petSC��oa!! rt.d �;-_-
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<br /> '���. . � ^. ComABOttCe Wltb 1.ewu. Trustar werr8nb t�the Propertyt end YnQtora use W th0 ProP�N ComAOa wiih ail e�dsdng ePDL�Cabig IBws. �.'_':
<br /> � ' ' ardissarta�s.an0 fegtAattons oi gover^msntet atR.'�orl6es. . ��`�
<br /> .�`. . .,.�� ,�. , tAtmEl�1ATIOt�.TRo toVowing Pro�islons�etaila9 to candemneHan praceQdings are a pM a1 Ws Oeed of Tnnl.
<br /> �� ;:. ' '�� Aypifeatfon of Het Fro�aeQs. it aD or enY Pa�t of ihe Property ts conQemned by emine�t Qomein procee�ngs ar.W efi►procaedtnp at�.
<br /> �..� . � . ,,;; O�i�ss�n Qeu ot con�mnatlan�lenQsr m8y et tts etecdon�equUe tha!e9 a t►nY Pallon of d�s net P�eeds of tha awar0 bs epPOed b tho --
<br /> IndObteQness a�therepafr ar�estaratton o f t�P r o q c�r t y T Ae n a t pracee�e a t h a a w e r d s h a 1 1 m e a n t h e e w a n d a R e�p a y m e n t o!a D n a sonabla —
<br /> c��.eo�ensa�.and ffitameys'fees mc�med Dq Trtstes ar Lender in eonneot�►wlLh the condsmnaflon. -
<br /> �.. , . .• ��, It a�r proeee�ng In condemra9an b�e�tn�'.at shall promy9y no9iy LenQer in vMUn�,and Tiustor st��i PmmDttY ffik9 such ,^'
<br /> `� t�s a�may 6s ne�saryr b deiend tt�e acHOn and obtatn tho c�rnnud. Tntstar may be tha nominal pany fn suaA pr�mng,bN tsndst sAaU ' '
<br /> � ' •t mae to ba d�b I.e�der s�ch M�uma�as many�6 ce0�e�d bY nrotro�m�Ume m tlm�pmMt�s fi Pat6dpation TitRfitdr WW d�Ner or.
<br /> � . SiTION OF TAX�B.iF�9 Alt�CHAR�ES�i GWERH�IYAI.AttiliD�d�B. ThB tallowtn8 prasf^.�."�ns roia9n9 fo govemmenta)�.
<br /> �.: . .• .'•:.,� : and char9as aro a paA o!thls Qaed of Trust ,.,
<br /> . C�rretA Te�ae,Faes�cd�a. Upon request by LenQor.9eistar sh27 e�cu�such dor��nanb In 8QC)ttan to th1�COed ol Trust and tsko .,:
<br /> 's��,�_sz�; :. . �!iatever ather acBon b reqr�bS►Le.^der to perfect and con8rrua l�n 6 e te�n an t t ro R�t�s r o D e r q►• T n s t o r s t�a t l w t r r i b t a s fl L o n d�t o r a 1 1
<br /> � o x a s,as dasa(bed befew,tcg�h�r wfth e0 exper�os incurr�rf'�,re�orQ�,,Pa�5rt9 a a��Wng this DeeO o!Trusl.Intluding w3lhouf �y`;':°.
<br /> , ,�� Miltatton ail tmces.tee9,dacwrt9ntsry stemOs.and other eh�uge9 tar rec�!Q'�0���rirtg 9�i9 beaQ o f TasL
<br />- : ,� Tmca�. 7t►a tolloxQng ShaO oorESUtute taxes to whtch thts ssc�on ePA� ta)a�oeltlo tax upon this tYPe of Deed ot Tnrst or ta�an 80 a any► �� ,z
<br /> peA ot the tndebtednass secured by thts Ceed of Trus� (b)e spedfto tex on Trttstor whtrfi'hustoc fs 8uthortmd ar requVad ta deQucl frcm •
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<br /> ipha h Qer Of hefNot�d(4)a sAedflo tex on e0 or ar►yt potNon�of�the debt� n329�, ortonBpaYrt►en�of p�fp91 Eu�N i��nisrest mada Oy
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<br /> 1� . S�seqttEn!Tmces. H any fax to whieD tNs s¢CHan BppU�is enacted Sabse4aent to tho data af tNs Oeed of Tnist,Ws event aha0lt���fAa
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<br /> � same eftect es an Ev�t of 0afa�t(as deflned 6efav�,ead�ender may mc�rctse arry ar aD of Rs ava�abte rem¢�tat an Event of DefaWl as
<br /> provlQed befaw uNessTrustar eltAer (a)pays the tax beta�v it bocomes daUnquent.or(b)contesb the tAx as provlded ebove 1n tfaaT�oa3 ana '
<br /> � ' Upro secflan end deposib WIM LenQer Ces�or e suff'�cfent corparate surety bortd or other seaurity sat�lSCtary to L�ndflr. •
<br /> ;� : See "Additional Provisions under Secondary Flnancing". • • ' � • ' •
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