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<br /> . , L��7.�r�:.:a,.._-�?'+e7a��,:ws.`5�.� y�t::
<br /> fr �- ..��WJr.MA�'r�')w��e.�p�..x.�:+,en.t•�°o....n... ._.. .�. . .. � . ... .. �s
<br /> -tlOSfAI[QZ MYM'Wrr..a...» .� . . .61C_�-
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<br /> a�..a�ia ie ._
<br /> ,�,+�.="; COVENANT� 97++ �V4��.f. �
<br /> �' `� �. Borrow����!�m��rrawir a foi Borrowir�i bMinitit wal bf b'rW�ropiym nt of t s est ed d bt a cixi o►:M�:o�a�aw i �e
<br /> - �. r.rm.�+1 �_>-
<br /> , p�yrrNnt� Und�r r�CN e1 . ...
<br /> ' not i�duCa or excuti�i ylicMdutid pWmeM u�nU�th�� Z�O dibt I�P�d In fuil, p
<br /> t��, ��m�nt�r�athN chup�s ittrilwtobfs to tM op�rty wh�n dw��d w{II dabnd tiU� ,,��;
<br /> r 1,CIMm�Ay�Mt TMN.Borrow��wllf pty� i;;4�:-
<br />' to tM proM(ty�pNnst�ny clalm�whieh w6�ld ImpaN�h�Il�n tibto�r�o�r mitiiiili to impr�ovi o+Ymifntiln thi aoNplrtV.ytlpn�ny rlpht�,ctifm�o► -
<br /> �t�n���wtucT►8atow�r msy hsv��qs�nst pN"�M�wl►o supplY
<br /> - . �.{��. BorrowK wUl kNp tM prop�rcY In�und und�r t�rm��capt�bN to Lendsr at Borrower'�expunu and for L��de►'� b�Mtft.All
<br /> within Und�r'�discntbn,tt Inteuch�fluroncitf o�i{lo�ei Lindir�r�qu�tl i�o� ..t.=-
<br /> Irnuranc�po11�N��h�ll InchxM��t�nda►d mortpaQ�ci�u��in t�va of UndK.4�nd�t wlil M nam�d ss low p�y��or n tha Irtaund on�ny�uch
<br /> ' imuience poilcy.Any Imw�na Proc��ds mW t»�pp�d, � .
<br /> a to the Ncund d�bt.If 1.��►oQ���a mortpe9e insurance.Borrow�r�pnn to maln e =
<br />-,i-�'� In od COnditbn��d m�ke all r�Dain r��sonablY n�c�tssry• _;_
<br />,_.;�.• 4.��ty.Borrow�r will k��p th�prop�rN Oo _
<br /> _�M�"�� 6.ExpMM«.gp«oyyK�yns�to paY�����"d�����x�^���'�^cludlny raa�onsble attorneys'te�s,if Borrower bnake�ny covsnante in this dwd _-
<br /> of trutt or In�ny obliyatbn��cund Cy tht�de�d ot trust.Bot�ow�r wi�►PsY th�ss�mounts to L�ndsr e�p►ovid�d in Covsn�nt 8 of thl��nd of :-°
<br /> '- � trust.
<br /> �
<br /> � 0,p�p g�puhv�nt�Mts.Unleaa BarowK firtt obtalns Lsndar'c written consent, Borrower will not m�ks or permit�ny ch�nyes to u�Y M�or _
<br /> ����riry �rttuQy}�, gorrow�r willop�rfk,m i�O:^�wh'dua aw�tlom und�r eny p��or morty�pe. desd of tmtt or other securlty ayresmsnt,
<br /> �
<br /> , �nc�uynp Bor�ovwr's cov�nontf t P a Unt�ss Baruw�r�nd L�ncNr hiv��aaed
<br /> _ � �.A�pf p��nd proltq,Borrower�ssipns to L�Ma th�nnts and profit�:�co�ct•h rents. Any rents Lendsr collecta chall be
<br /> otMrw ee In writirp. Borrow�r m�V collect snd nt�in tM���t��s lonp�s Borrow�r is nat in defauit.If Borrow�r d�faufts. Land�r.�O^d her
<br />- �y�nt,c► s court�DPo��t��ec�iwr msY tak�poss�ssion and m��a0�t�ProP��
<br /> applied firct to tM cotte of m�napi�p th�(xoportV, Inciudln0 court costs �r►d attorneys' teea, commisafons to rentel a ent�, and�ny
<br />''�;;,�.. . M��swy rslatsd�xp�nses.Th�rem�ininp�mount ot ronta wll�th�n apD�Y to D�Ym�nts on th�s�cured�Of y�;��f�V�ot'uuat I�o0
<br />_:;�,��tr�,.;� �rowK�Mt to complY with tM provis
<br /> ` �.L�MKAd�'Ca�don��'������� w�it aswbDm�nt�Barow�r wiY pK(orm NI of Borrow�r'�dutiei
<br /> �i�'`° ��'�' •N�wIwW. 1�thu dad of trust 1�on a unft In�condom�nkim a� +�+�d
<br /> a .. Y.::�: �ndw th�cov+riantc,byInv+ro,a�squt�tlon�ut th�condomin{um or ql�r►nsd untt dewlopm�nt• _
<br /> ',t:,'.•':.� irx saroww. If BorrowK hN�to�rtorm�ny ot 8orrow�r'�dutMs undK tlil4 dead of vust. Lend�r may
<br /> ��� ��.'�•�• �.��u+o�nr a�.�a.►�o n�ra+� sorrowM's nurN or psy any�mount If rncers�rY lor p�rtormmc�.It any
<br />--"n;`•,.;'. p�rfam th�dud�s w awse tt�m to b�M►f�xm�d.L�nd�►m�y slpo —
<br /> construction on tM�xuP�Y is dlscontirwW a not cerhd un In�ru�onabN mann�r.Lsnd�r may do whst�wr Is nrassuy to{xot�ct Und�•
<br />`'�;:.j;,�� acurRY{ntx�a In tFN prop�Y.ThI�m�y Includ�compl�tinp th�constructbn.
<br /> ;;M.••.;,;. Lend�r's idturo to p��Mm will not►x�clud�L�nder hom execfslnp any of Its othK dphts under tM Uw or thls dsed of truct.
<br /> ;Vf.f..,,
<br /> ����.� AnY�mounts psid by Und�►ta p►onct Lendar'„��i p,�in�tu�lt it"tM(ot�id it:in�:�i on th:i cund dib�nt�wlil b�du�on d�m�
<br /> :_«:
<br /> ,.x �nd wlll b�K Int�rut hom tt+�d�te of th�P�Y� ny
<br />. ���� 90. DN�ult �nd Acc�Ni°^• If BortowK f�Gt to m�ks +�ny p rYm��o���U°�ma�iccilirni�tM m�t of the iscurb dsbt and
<br />- - d,m�ind Imr�m�dl ti piymont d of trust a �ny P��'�q��
<br /> �nd m�y Invoke th�powK of HM mE any othK nm�dbs p�rm �d by appticsbM Is'iv.
<br /> =_**_�� �}pNwk,�t��hK�by r�qwst�d thst copl�s of th�noticc�of d�fauk�r►d nM b�W^t to��ch p�►son who I��parcY
<br /> 11.IMa►�osS fa No13e�
<br />_�,%+"•i��� Mr�to,et t��ddnsi of�sch such D�►�• ��s�t tortfi Mnin.
<br /> ,. h:tl tirL racx��n!M otiiy of tM reyl�tsr of dNds of nch eouMY
<br /> . u�-�tti,';:� 1Z.Pawe of S�.If tfi�Le►dw Invokstth�powe o1 saN,ciw Tru�i::� �to. �nd to othK PK�oru�s �scxib�d bY
<br /> --�;� wh�rNn tM tru�t p.roM►tY a wm�part a W►al tMrwf Is situ�t�d�notiu of d�fault contN ttw Infanutbn nquK�d bY i'�a �t►n �nV
<br /> '"='-a'" shill aho mafl cop�s�oP iM notics of d�f�uk to th� Borrow�t,to each p�►aon wlw is�P�Y
<br /> _ app1ie�bN law. Net bia tMn otw month ek�r ths TrustN ncad�th�notk� ot d�fau1t °r h'�'° "�°nths If tM tr alc wct1on to tM I�IyM�t
<br /> �---�T� I�corPoat�d ckY a vlllrp��nd Is us�d�N liw�ruatN wlt rhout dims�nd�a�Borr we�r,st�sll�tl t p Pat��s�i rs`quk�d by+�DD�Ab law
<br /> a+d k+tt»maix�P��sa1Md bV�PPOK o�rtv
<br /> ,�.,..,°,� biddsr. M roquind by t;b+om'Hom�t���iltof t�M�o�p�►ty Y Pu�in oun�c�m�n"t�t tM time and plaa of any pnvlou�N acheduMd��M• _
<br /> - Trusr�may P�msY P��has�ttw VropKtY at�ny s�ts.
<br /> L�ndK a ks da�pr� tM P�oDMY.Th�r�ciUab eontNn�d In
<br /> Uppn na t of paYm�nt of tM prk�Wd�Tru�tM shatl ddivK to tM purchsaK TructM's de�d conv�yln0
<br /> TNttN�t t11�A be Pr�a facN�vidlw►c�of tM truth of tM ttatsrtNM�contaln�d tMnin.TrustN sMN�pP�Y�P�Q��ot th�saN in th�
<br /> r�W U�jpmirrt f�ss�lb to�II sums:��cund bY tfili�d�sd of�mi�t,�nd(c)tM b�lance�If anw�y+,bt�o the�PK�ns Nqilty e�ta W to�eciiw it.iNS �nd
<br /> 1�.���.At l�nde►'�option,tN1 de�d of trust may b�fonclosad�the msn�s►Provid�by�pP�1c�bN Isw for ta�cbsw�of mottfl��
<br /> on nsl propsrty
<br /> 14.kwp�otlon.L�nd�r may�ntM the poPKh�to Inspact It If Un�01����owsr nodc�heta�hurd.TM nodu must�t�te th�n�w
<br /> �����•�Inspeotbn. sp�
<br /> -- — 16.Ca�d�nriMloh.Borrower ualp ch�oc,�ida wiU b�i�ippliid ai provi�ddid In Cowiunt�t Thii iaq�rn�n�ws sub�atdt�omthMi wm�o�V P��
<br /> - of dl a�r►Y P�t of tM prop�rty.S
<br /> -- sea�ritY pr�nt. Y
<br /> n Borrower's defwit.l�x1w do�a noi walw�ny rlpht to I�tsr caulde►th��vent�d�tauk i}It luppsr►s�pain.
<br /> - 1d.W�iwr.9Y�xeclaU�p any nm�d �wil�bl�to L�nd�r.L�nd�doea not��w u �n riphts to Ist�r us�m ott�r n^�dY•
<br /> twt�xKc
<br /> any r�n�dY uPo
<br /> "•'��s�� ����� S�M�o� �A�sf�eM�p�nd,y MqpB dut{ts und�r tM� daed of trust an JoMt u►d aewnl• nY
<br /> _—� Barorwr who artip� 1�� of�Tf uatse u��dtiect{ms o}tMe�dsed of trd�bt In e�d�',tiontiuch+�Bo�iowii�NS�Mst�ths Liedyir�
<br /> gtw�ow�r's k�t�n�t In tM prop�+tY t1��_ np�
<br /> � d�pt�wk�lwut�d at Borr�ts�m�int find wl hout nMas nG thiY nw►w�K�irom theh i nii of thii d�d o�VUit��d��d of trust or tM s�cur
<br /> Try����d bNwlttt of thl�d�ed of vust ahall bind�nd berntit ths wcc�eson s�d�sslpns of Lendsr�nd Borrowar.
<br /> — 1�.Nello+.UnNu oths�wl�.oquk`d�eV�o��iyddr�,ii that B�orrowit�iuo blvinYto Unddsi.�0�or�i'ovwr wyN plve iny nYotics to 1,����iod
<br /> b
<br /> _._�.�_ Bortoww at tM oD�Y my
<br /> mail to L�r�r'��ddr�a on pW�1 af m�s�of tMatdi of vust��sss wMch L�nd�r hu d�slpn+tW.Any oths�notice to L��da�tha
<br /> -=i be�+t to L�x1K's�MJras�s a�t�d on p+pe
<br /> ._;����� My rqtlt,y sh+dl b�deem�d to haw bnn piwn to Borrower a Lend�r wh�n piwn In tM me�t at�tsd above.
<br /> -g�'""'--�' 1 9.Tnna t�r o f tl r P��y a�s�������O�wK.If�tl or�ny pirt of tM pro u K t Y a�Y intenst In It i�soW or VmstKred
<br /> �an-��
<br /> �i��:j y. �Ithout Und�'s prqr wrltt�n cons�nt. Undu may d�ma n d Imm�di a t r p a y m e n t o t t M c s c u r e d d e bt.Lsntkr maY at�o dem�nd Imm fat�
<br /> ,�.�—_,;.�� p a y r M n t I t t M n t B o n�'��at�n�,f�ti°a d u��d b y e d i n l l s w i i o t t M d a t6i oi th�a da d of trust�naforted. H owevsr, U n d�r m a y n o t
<br /> dnt►antl paYm�
<br /> -�`°�'a"'�'-' WMn tM obllpa�bn acw�d by thts dMd ot Cruet hre b�en psid.�nd L�nd�r has no turttKr o b l l pat i on to m a k e v a n e e�
<br /> --_siy',;�,�i.,� : 20.R�conwll�• y
<br /> �yr not�or othsr evid�nce ot tM
<br /> =z�rt�-�. °��j'h Lme�aA�ll dellvx to th�cBorrowe►tho►to�Bor��ow�8i iuc i�for!n Int�r�it�tM t�tt�d�intdbth��L��•reconvsY ttus
<br /> ---�=�••��� o� aUon w satittia3.8onower ahall pay�ny recordatbn cotU.
<br /> ---'':+�_'•-`�_ _ n...r... �.ndu. at l��'s optbn, maY rsmove Trust�s �nd appol�t � succ�ssw tru�te� by fint, mallinp e copY of tM
<br /> ..:�.,._...�,..��,.rNn nf vustM fa rocord i�tM offk+of tM rsplstx of dwd�
<br /> .'.'.±,�or'�-'!`"�': s:. �''......--- --- �
<br /> tubstitutWn of truit�a i�rsqutrsd by�pp�caaa uw,�no ma�.�
<br /> ,`;��:w+�. ��� iuc i d to,N tM power tdutief�eu�tAait�Y in�d titk ot tl�ie Thus�t�e��i�netho Mad of tn�st,r�idfof anyiacce :s or truYSt�ee.oi a:w v��•�%-��,�----- _
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