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<br /> : .�•� � cov�wNra �?'� ',n�"��
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<br /> , 1, ►�ym�nt�. Borrower �flnu to m�k��il p�ymant� on the�acund d�bt when du�. Unlns Borraw�r �nd L�ndw �9��� oth�rwln, �ny
<br /> ' excluslw�of(���t or�princlpil,i�cand to/ntio�Bo,d h n to printclpa�l.bf pepU�l�Propeyment of tho iecu Rd debt aac ro fu�eny riaio�tlltdwlp �°�
<br /> E.�_
<br /> � not redutl or sxcus��ny�ctwEul�d pWmmt untll t�e�ecured debt b psld in full. �
<br /> � 2,GMm�ApNn�t Tftl�.6orrow�r will pay'd1 t�%�e����s���m�nts, �nd uther chupaa�ttribut�ble to th�proputy wh�n due�nd wlll d�t�nd titl�
<br /> ��_.
<br /> • to tl»propaty•p olntt my cldms whlCh would Impilr th�Il�n of thl�dead of trutt. L�nd�r may requka Borrawar to�stlQn�nY��Oht�,clalm�or +-
<br />��. � d�fms�s which Botrnwu m�y h�v��psimt partls�who�uppiy Ubor or matulel�to imMovs or m�InU�n tM anMrty, -
<br /> ���;
<br /> ' 3, �n�w�ne�. Borrow�r wfll knp th�prop�►ty insured und�r t�rms�cc�pnbl�to L�nd�r�t Borrow�r'�exp�nn and for L�nd�r'�b�rnfit. All =:
<br /> Ineurence po�icl�s shall Includ�a atand�rd mortp�ps cleuu In i�vor of Lender, Lmdar wfll M mm�d�s bti p+y+�or�t th�Intund on�ny sueh
<br /> Inwr�nc�policy. Any In�urana pr�aed�mry W opDlfod,withln Londer's discretlon,lo elther the reataretlon or r�palr o}the d�m�psd property F"'�:
<br />_ ;^�i��}'�` or to th�wcurM d�bt.I}Und�r rsqukes mo►ty�pe Insunncs, 8arowa�prees to maint�in tuch In�urana far a�lonq e�Lendsr nqulr�s. �-_
<br /> F-
<br /> . v� 4,proMrty. Barrow�r wlll keep the properry tn pood conditlon md m�ks ail npak��a��ontbly r»c�tssry. ,�
<br /> Ri�_-
<br /> .�jw��� of tErusPt a�in eny oblipatb�aicuredyby thlo deed of tpruit��orro eii wlll pay thei�amount�t lend��sf p►avldad kn Coven nt 9 of thii dead ot =
<br /> � tru�t.
<br /> . � d,priw S�eu�ky Int�rNt�. Unl��s Borrower fint obtNm Lender'e written consmt. Borrowsr will not m�k�or psrmlt my chtnqee to�ny prlor
<br /> Includi�nq�Bo�rowsr'�c vmae�I�t mike p�ymenti whsn due����,�o� under �ny prlor mortpape, deed of truet or other aseurity apnament. � ._
<br /> � �,� o}pMta�nd Proftt�,Borrower�sslpne ta Lender ths rente md profite of the property.Unbss Borrower�nd Lender hev�ayreed
<br /> , . � : otM►w se in writinp. Borrower may eollect and ret��n the re�tt aa long a�Ba+rower te not In deteuit. It Borrower defaulte, Lender, Lendsr'e
<br /> � epent, or a court�ppointed rec�Iv�r may teke�possesnc/udinpd Court cost6�as�id��HYurn ye cfe�ea t commisn�ona�Lo rrentel agents o,lre�ati�sy ol��r
<br /> � appNed��r�t to the costs of inenaqin� the p pertY,
<br />��•�'i :.'. neassary rei�t�d expent�s.TM rem�{ninp amount oi rent�will then eppty to putimenta an the secured d�bt es provided In Covensnt 1.
<br /> -' e.����,�p����p��pnit pewlopm�►q,gorrower� ra��to comply with the provislon�of�ny lease If thit dsed of trust ia on
<br /> - �N�sshold. II tlds dead of truat is on a urtit fn a condominium or�p�aruNd untt developm�nt, Borrow�r wfll p�rtorm�II of BorroN�r's dutN� `
<br /> .� urxh►the cownant�,bylawa,or repulations of tF�condominfum or pl�nr»d unit ds�wlopm�nt.
<br /> c.w.f���' � ' 8.Autt�odtY of l.��10 P�tam 10� �owK. If Borrowsr f�lls top�rform any of Borrower'a dutMa under tTis ded of truat, Lender m�Y
<br />�::.
<br /> perform tha dutles or c�ud�them to ba p�Hormed.Lsnder m�y siyn 8orrower't nam�or pay any emount if�ocosaary fot performance.If�ny
<br /> "'�'�� • ssawity k�iterit�t In the aopirtyaTNe�rti,y incl«udi com�plstinp tM coertructlonmmnor,�ender maV do wh�tevar Is nece�sary to prot�ct Ler►d�r'�
<br /> lr�i.,:�°
<br />-.k�d,�,-1�;' Lender't f�iture to psrform will not procluds Under irom exe�cisinp any of in other riphts under tho law or this deed of truat.
<br /> Y����• � Any�mountt paid by l�nd�r to protsat Lender'c security int�nat wql be tecured by thl�d�ad of uust.Such�mount�wfil be due on dsms�d
<br />=a;�;;,,i �nd wUl b�ar Internt hom the d�t�of tM paymsnt until p�id In full u the Intereit rate in eHect on th�securod dabt.
<br /> _ r.,J, ,
<br />— �p, p�{��nd ACCNK�tloe. If Bor►ower f�lb to make any pAy�nt when due or breaka any covenante under this desd o uust or �ny
<br /> a;�y�+ oWipatron s�wred by tM�dNd ot trust or my prlor matP.aG�or deed of tru�t, Lend�r msy accelerate th�m�turity of the secund d�bt and
<br />�;�.•,'.,, Mmnnd Imm�dlats paym�nt and m�y invoke th�power of�ate md any o1Mr rem�dlu p�rmttted by applleable law•
<br /> �a�t:tz�;��� 11.R�Qu�t for Notla�of DNau1t•It is Mreby requeated that captea of the notices of dai�uft and�ale be aant to e�ch penort who i��Party
<br /> � Mnto.�t ttw�dcireas oi e.c���u�i'��r:an, ::«.2!cRlt hts!�ln.
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<br />"�"""y'-`==— 1Z.PowN o}SaN.If the Lsnd�r Invok��th�powsr of ab, the TNetee thsil flrst record in the office of the rayfaer of ds�ds of each county
<br />���.:.,,: wMrNn tha uust propxty or�ome pan a prc�l tMreof Is situated s�otks of defwlt contalnin�the intormation requked by law.TM Truatw
<br /> • s►wll abo mUl oopl�s of the notia of d�fault to tM Borrower, To eeah p�rson who is�party hereto,and to other psraont at �scrlb�d by
<br />���� �ppiic�DN law. Not k�� than orn month ait�r tM Truatse recarda the notic�of def�ult, a two months if th� trutt property
<br /> s not in sny
<br /> incorpa�t�d c�ty w v{Ilep��nd Is uad h farminp ope►�tlons cirtied on by the uusta,tM Trwtee ahall ptve public notic�of aal�to th�p�rsons
<br /> �nd in ths mx�Preaaib�d by�apppHabie law.Trust�s,wNhcut demand on Bo�row�r,slull ssli tlN{xopertN�t puW�a�uctbn to tM ht4Mst
<br /> bidA�r.B rwqu��d by tha Frm Hom�st��d Prot�ctbn Act,TN�tae�hall oHsr ths property in two ssp�rat�ssles es nquind by�ppi�able I�w.
<br /> TLM+ir a i�b d�is�qni may purch ti�tt i p�op�rtY atinyiita bY public�nnounc�m�n"t at ths tinw and ptace ot any pr�vioudy scMduNd srM.
<br /> Upon ree�ipt o�i p�yme M of the prla bid,Trwts��hall ddiv�r to•1M purch�ser Tru�tee'�d�ed conveyfnp tha prop�rty.The ncltial�cont�inscl in
<br /> Truatee't cJ�W sh�u be prim�t�cN�vidNnc�of th�truth of tM gunitment�contained th�reln.Trustee shdl apply tM procMd�af tM�aN(n tM
<br /> �— rdiin taj,mi�i,�lD)to�all�ums iicund by thia�deedo�tu�t and(al�the bd�nce�if�ny,t�o M p��son�Isp�lly sntitNd to ricefvi It.t~s a�d
<br /> 13,pq�elown,At Lender't optbn, tMe deed of truat m�y 6e toreciosed In tM mmnar prov(d�by spplicable lew tor torecbaur�of mortpepes
<br /> 011 fai�p►OPKtV•
<br /> ,� 14,hpp�e� Und�r m�y�nter the property to 6isp�ct it N Lestxkr plwe Barower notice 6efotehsnd.The notic�must st�te tM natombN
<br /> — '_ cwse ta L«�dir'�intDectbn.
<br /> � 16,Ca�xMdon.BO(fOWH�ff ns to Lender th�proce�ds ot anY award o►ci�im for damaoea connsated wkh�condsmnatian a othx t�kirp
<br /> o}ell a�ny Dart of the propety.�uch proce�ds wfll M�pplNd aa provid�d in CownaM 1.Thie�tslpnmsnt i�sub)ect to the term�of�ny prbr
<br /> — NctMitY�M�1�^t•
<br /> 1�.W�iwr.BY�rercisiny any�emedV wail�bk to Lsnda, LMC1en da�s not yive up�ny rlpAts to I�ter us��nY ott»r nmady.8y not�xsrciainp
<br /> �ny ram�dy upon BorrowK't d�f�Wt, Lmder doe�not w�ive�nW vight to I�tsr consld�r tM�vent�d�fwk if k happ�nt�pNn.
<br /> _ ---'� 17. Jdnt �nd Sw�eY Lhbiiq�s Caaip�r�:5ueusson and llr�aip+� �eund.AI{dutN� urd�r this dNd ot ttust K� Jolnt and s�wtN. Any
<br /> - Benpw�r who caslqns thi� �d of trust but das not co•iipn the underlyInp d�bt insuuir►�ntts) doa �o only to prant �nd convey that
<br /> B�ro►rrowa's Intenat In the property to tM Trustse under ths tamfy�of thli dsed of trust.In addltion,wch�Borrower�prN�that thr Und�r�nd
<br /> dWt vd�lf�tfit�8orro�vwrti�con�i�nt Mid without nNai r►p tMt�orrow�er�from the t�ime of�tl�is de�d o}ms�at thls dNd of trust w the secur�d
<br /> � The duti�s uid b�n�fit�of thla d�ed of trust thall bind�nd bensfit the succsa�as and�ssipro of L�nd�r�nd Bo►row�r.
<br /> — 1�.Nedcr.UnN�s ott�wia rsqulrsd by law,anY notic�to BaTawer sh�A be p�ven by d�live►inp it o►Ey mailinp it by certifiad m�il addnss�d to
<br /> !: g�o� n tt�n,enwtv�ddnsi or any otMr�ddrsa th�t BorTOwK h��Qiwn to Lend�r.Borrow�►wfll qiw�ny notle�to L�r�r by cwtfH�d
<br /> T����— mail ta I.�nd�r's iddrui on p�ge 1 of this deed of trua,or to�ny ottNr�ddnss whiah LeM�r h�c d�NQ�at�d.Any otMr notic�to L�rd�+shali
<br /> --� b�s�nt to Lw�dn's addna a st�t�d on psp�1 0}tMa rw�d ot vwt.
<br />��-���7
<br /> _ ± � Any notlu�haU b�dMm�d to haw W�n q(ven to Barower a Lender wMn piven In tM manner ttated�bove.
<br /> ---==� ��.Tc�st�t of 1M hop�rty pr��w�Mt in th� {pro+MK, I}NI or�ny p�rt of tM prope�ty or�ny intereat in it te sold a tr�nst�rred
<br /> - `-- -_'=r� v,riM�t 1.�ndK�� prfor wrkbn cons�nt. L�nd�►may d�mand 'um:nediat�p�ymsnt of tMt secweU dibt. Lencla m�y atw d�ma�d imm�diat�
<br /> =_�� p�ymint if tM BortowK I�not�natur�l p�rson and� b�nefici+l intK��t In tM Borrowsr Is �old a mnffsned.HowsvK. Ur►dv may not
<br /> --_b.;,:;;_.>>r.■ d�mmA paym�ot In th�abow skuatioM If it Is prohiMtM by fod�nl law��of ths d�t�of tNs d�ed of trust.
<br />- _.�;r��
<br /> ._��:� �p, p«pn�y�,Whsn the odlpatbn s�curad by thl= deM ot Vuat h�s 6een paid I�nd Lend�r has no tutthor oWlqatlon to mske�dvanc�s
<br /> ur�th�f�xmrm�m�orapre��mx►ts acund by thls d�sd of cru�t, tM Truatee�ha f upon wrcitten request bY tM Lsnder,nconwy the trott
<br /> -�•,�.�;.� pr Th�L�nd�r�hall dNivM to tM BorrowK,or to Borrower'�succes�a in Inie�eet,th�trust de�d end the nots or other evkN�ce of ths
<br /> ___ ��,�,y�� oW�don�o s�tkfMd.Barow�r�hall pay�ny recordatbn cotts.
<br /> - . J �i.�
<br />--•;t' 2�, fuoepwr Tn�t�e. L�ed�r,et lend�r's o�tbn. may romove Truatss mH eppoini ■ successor m,sie• oy O.:i, ���.����ry a .:w. ..• ••...
<br /> T�..a,.
<br /> _- _.,;-,�r. ; wbstitutiai of Vustw as roqui��d by�ppBubls aw,�nd then,by liling tM subetitutlon of trostM(or rocord In the oHlce of the nylstsr of dNds
<br /> {_r�;r>,?:c ;� ot each aamty�W��h tM trutt property.or same pet thereof,b situated.TM�ucceasa truttN,without convey�nce ot tM property,shall
<br /> �-•- eueeNd to NI tM povwr.d�Ues,wthorlty�nd Htle of tM Trustee named in the d�ed of truat and of any succsssor wstee.
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<br /> �M;,-'. �ANKpS SY6TEM5.N�lC..6T.CtOUD.MM 66]Ot I7•lOP�97-1��11 FOIIM OC�NITG�HE e�1/9/ _
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