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<br /> �� 1. N�yn�t�q porrowN ��n to m�k� aN paymrM� on yM Ncuald d�bt wMn du�. Unw�� Borrowe �nd lsnda aprN ottN�wh�, �ny
<br /> ,;,�, p�ywNn� t� l�ixl�r rsr,slv�� irom 8orrow�r or(ur&x�ow�rl�brn�fit will b� sppllo.[1.fint to�ny emount� Barrowe�owe� on tha ucured dobt
<br /> �xcMiNv� ol Inte��t a pNnclp�l,��cond to IntN��t.�nd tFNn tc�'�fkscip�l.II pArtlsl y��p�ymtnt�f th�s�cund debt occu�r fa�ny na�on,It wIN
<br />-_� rltlf tMlIIC�W�MCU��Ony�O�NQulid pwym�nt untll th��tqyr��t�,t,p�d iM(uNJ�i
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<br />:-;r 2.CMdn1a AMie�at TNN.Bo�row�r w!11 p�Y �N t�xn;��/N��m�Me,�nd othK o�ep��rttrlbut�bb to tMprop�rty wt�n du��nd wlll d�bnd tisl�
<br />•,°� tt►th�qro�r�p eknt�ny clNmr wAbch would imp�k th�INn ot 1h1�dwd of Iru�t.L�nd�r m�y t�quk�B�rrow�r to ailyn�ny rlght�,clalms or
<br /> -- dMnnNi* w1Hct�Samww mry hav�q�ui�t pwtlu wha wpply I�bor a m�terl�l�to Improw or m�int�in tl►�proputy.
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<br /> ].M1ur�, Qorrnww w'M k�p SM pop�rty In1w�d undn tam� �capt�bh to l�nclK�t BorrawN'��xp�nt� �nd fa l�ndn's 6aNfit. All _
<br /> $ Inetnnnt�s poW:�.e��hlN k�cbx+��etend+�rd mort nqe clMi*e In fe�vai nf I.EnAtst.I.Rnder wlll be named Re loan papee or ne the(nsured on eny tuoh -
<br /> '� InWnlno�poA4Y.A�Ryte�tuc�u�v procy�d�m� ��coN�d,wlthM L�tW�r'�di�cr�tian,to�fthK tM nfta�tbn or nµ�k of tM dam�p�d prop�rty --
<br /> — or to tM s�ourad tNR+t�11 tn�ndK nquU��mor�pap�iriaunna,8orrowe�prut to m�int�l��uch Inaunnc�for��lonp a�L�ndN r�quk�t.
<br />---t 4.PtapMt.Y.florrnwr,�wiM k��p ths property In good conclitbn�nA m�k��II np�ks rusonably n�cesury.
<br /> 6.E�qMnt�,Bortow�r�yn��to p�y eN LetxNr'��xpsn�t�� instudlnp natonabl��ttorneya'fe�s,if Borrow�r bnak��ny covenanta�n thi�d��d
<br />:.� of trutt ar M��y oblip�tion s�cund by thia�d��d of tru�tt. �ortower wlll p�y tha�amaunt�to Lender as provided In Cov�nant 8 of thls daed of
<br /> ttutt.
<br />..� e.Ptlaa ltfY�qitY Mter�sb.Unleu Boraower firat obtalna Lender's wrlmn cantmt,Borrower wfll not mAk�or parm(t any chanpes to any prior -
<br />-;,� s�CUtlty inix�s��. Borrow�r wiil pNform �N of Borrower't obllyatlon� under�ny prlor mortpaQa, deed oi trust or othn s�cwity syrs�m�nt,
<br /> � Inck�Ainp 6orcoww'�cownrnu to m�ke p�ym��tt wh�n due.
<br /> :� 7.AaMlIn�+Nnt of RMb�nd Ro1k�.Borrow�r aulyns to Lender the nnta and profite of the praperty. UnNca Borrowsr�nd L�nde�h�ve eyroad
<br /> .,� othOrwi e In writiop, 8orrowe may colNct md ntain the ronts at lonp as Borrowx is not in detauh. I}Barrower defaults, Ler►der, Lender's _
<br />-� ap*nt,or �court�ppolntsd nesiver rn� ak� possation�nd mm�pe tha property and coll�ct the rent�. Any rents L�rtdsr collsct�shall be
<br /> ��wfv tt�elkMdmixp�ns�ii f Th�i nma ��u�n�ouPn of rint�w 1 tt►�n costa �nd attaneys'fNa, commbsbns to nrrtd�ptr��. �nd �ny otMr
<br /> _ iNnp �I �pply to p�ym�M�on Ms acund d�bt�s provid�d In Cowni�t 1.
<br /> S.l.�Nik'Gnndon�w;Plrnn!IM�it D�wbpnMnh,Borrow�r Ns to co with the povi�tom of�ny Nas�if tMs dNd of trua ia on
<br /> ° �Iwwtw�kb I�•tifls 4e+�i ot Uwt i�on t unit in�condomkaum a�p�snned unh�pmsnt,Barrowa will p�rfam aq of Borrowa'�dutiec
<br /> -.= undf�tM covsnUnte,by-law�,a rput�tbni of the condominfum a piuu�ed unit dawbpment.
<br /> 9,Authp�it�of L�wfK to P�rhrm for�orrowK.If 8arrowe►faii�to�t orm any of Borrower's dirtie�unde►tfii�ds�d oT truat, L�rKNr m�y
<br /> ,,� pKfcmn Me duti�t a cau��tMm to be psrtam�d. L.�nder m�y sipn 8orrowK's nams or p�y any�mou�t if n�cess�ry for pKtorm�nca. If any
<br /> -- contnuctian on tMp►opaty i�disconttnusd or�ot cartied on in�re�wnabN m�nnsr,Lerxler m�y do wh�tsvsr is nec�ssKy to p►ot�ct Lend�r's
<br /> awrity ir�t�rsst in th�pro{�ty.TN�rn�y incluM wmplstirq tha constructlon.
<br /> L�ntM►'�fe�lurn tn p�rfam wiH not preckxle Und�r from sxeclsinp nny of its othsr ripht�under the law a thfs deed of trust.
<br /> - � Any�►�oa�me pdd by L�ndsr to protect L�nd�r'�tscurity interest will be aacured by this deed of trurt.Such�mounte will be due un demrnd
<br /> �ndl wi0.bs�r tM�r�st bom tt»dat�of tM p�yrt»nt untll pab in full�t the Intere�t rate i��Hect on th�s�cund d�bt.
<br /> • 10. I�Iw�it�r�d AecMwaelon.If BoROwK f�ils to m�k� xiy paymant when dw a br��ks �ny cownants unda thls deed of vust or My
<br /> J- d mind Immidie��t de�d of truat or mV pior mortp�pe pr de�d of nua, l�nAa ma�y�cuNrat�tte� maturky nf tM s�cured d�bt�nd
<br /> paym�nt�nd may f�vok�the po�wu of uN�nd�ny otMr nmWk�permftt�d by�ppNC�bN I�w.
<br /> 11. Rpu«tfor,i!k�ek�of Wfwit.ft is hsnby tpuest�d th�t copNs of the noticea of dafauk and�d�b���nt to eaeh psrton who i�a party
<br /> iitcam.ii cn�aoansa of��ch wch psnon,u s�t torth h�r11n.
<br /> 12.l�o�w�d saM.If tM LantNr kwokn the po�w�r of ssb,tl»Trusta shaN fN�t ncord kf tM offic�of th�r�pi�ter of dNdi of��cfi county
<br /> - wSitwai��4itii Ua�ii yfu{w�ty ui iCn:ni pr-i 8i-pir„Gi tiwii^v:i;�ituated a naiie:of d.f:uS:cant:lr�!n�iha tnfor:;�ti:a:t re�ukad hy I:w.Tlsa Tru:t:,..,
<br /> ' shsri�Mo mNl copf�s of th�notic�ot tNfadt to the Borrowe►,to�ach p�rwn who I��p�rty hsr�to.�nd to othN p�sons��p��uxiMd by
<br /> �ppNe� uw. Not Na than orn month �fter Nx Tru�ee r�cad� th� notia of d�t�uk or two months if tM trust prop�rty ls not M �ny
<br /> incorporat�d city a viNap��nd h uwd in fatmlr�Q oyeratiom carrisd on by tM nustat,ths tru�tM shall pivs public notic�of aN to tM p�r�on�
<br /> � a�d In tMe m�rxbr pr�sd{bsdbyH apppNeibN I�w.T��at�e,without dem�nd on Barow�►,thall seN the propsrty at pubNC wctbn to the fYpMst
<br /> Tru�sta��may�pw�tponeiali o(�B a any paraltof tM��o�pwty Dy pub8c ini�wutn�csminPt at the timesind plici of inyr�i�vio�uslbyYSeF�MuM�d saN,
<br /> . L�ndM or iu dwsipn��maV DurchaN tM propKty at�ny sal�.
<br /> � Upon r�f�t of p� ot tM pr(a bid,Tnntee�hsil deliw►ta the purchasM Tru�te�•�ds�d conva�tAs prop�rty.TFM ncid�ls contekNd in
<br /> TruatN's dwd�prkna f�ci��vidNnq of tM tnrth of the statsm�nts contAirnd thwdn.TruatM-sfiaM apply tM proa�d�of th�aN in tM
<br /> rN�intatpmi�s��lbl to ill{u�in�acurd yb thli��ea�do t�ru�t�ind(o)tM bata�ic�if any�,to thi�sone I~ip�N�,�to rttic�iiw�k�� �
<br /> ; 13.Fanciowr�.At L�nder's option,th4 dad of truat m�y b�foncbad fo tM marw»r provid�by appNCSbM law Ta toreclosun of matpap�s
<br /> '� on re�l�ropKty.
<br /> ,
<br /> • 14. �� L�nda may�nter the propertyr to t�sp�ct h if Lender pivss Borrowx notia beforehand.Ths notice muri state the rssaonabN
<br /> cws�for L«dir'a Insp�ction.
<br /> 16.Cattl�nnWa�.Barow�r ns ne io Ler�tMprorw�da ot any�w�rd or clskn fa dam�paa connect�d with a cond�mnatton or otMr takinp
<br /> of NI a��y pa►t of tM property.�uot�pocwds wHl b�appN�d n provW�d I�Cown�nt 1.This�uiprwnmt is subJ�ct to tfis t�rm�of any pNor
<br /> , s�axkY aprwmmt.
<br /> Q 1{.Waiwr.By�x�rcislnp�ny nmedy �vail+b�to Lend�r,Lsnd�►does not pive up��ny riyhts to Iata us��ny otMr rsmWy.By not ex�rci�inp
<br /> �ny nn»dy upon Borrow«'�d�tauit,Lw�dsr doe�not waivc��y�ipht to lata consW�r the�vsnt�dNwk i�k happem apNn.
<br /> 17. JoY�t r+d �rwni LM�bi�tr; �Ca�rs;Sueoyson �1 AadpM �ae�d. All dutNs un��thi� dMd of uust aa jo(nt Md pvKal. Any
<br /> BorrowK who co•sipnc this dN of wst but doe� not casipn tM ur�rlyir� d�bt inshum�nt(�t dw� w or�ly to yrant �nd convey that
<br /> • Barow�r's ht�nst in ths p►op�rty to ih�Tnutee undM tM t�rms of tMt d�sd of uu�t.In�fditbn,auch�Borrowa apre�s that ttw I.�nds►and
<br /> any otMr Barow�r ixxNr Ma deed ot uwt may�xt�nd, modii�r or mak��ny otMr chanyes in tM t�rms of tM�d��d ot trust a tM secur�d
<br /> d�bt without that 8ortow�r'�conaent a�d vvithoirt roki�inp th�t Borcorwr from tM tems of thi�deW of trust.
<br /> TM duti���nd b�rnik�of th{�de�d of trust�hall bind�nd Mr»flt th�succ�ssan�nd�sslpni of L�r�and Bottoww.
<br /> 1/.NeMe�.UnNt�otherwis�rpuin0�y I�w,anY noUa to Barroww shall t»piven by deihnrfrq it a by,mWinp it by cKtiHW maN�ddrsaed to
<br /> _ Bortow�r at th�pr �ddre�s a ar�y othr addrsa that Borrowsr has qivsn to Undsr.Borrowsr v�nq qive any notic�to Lend�►by certNied
<br /> - nW to Let�►'��on pp� 1 of tNS dwd of trutt,a to�ny other�ddre�i whiCh L�Msr ha�d�s{pnated.Any oth�r natice to Und�r sh�ll
<br /> b�sarit ta Undu'��ddn�s a��t�ted on pYp�1 ot tht�d«d of tru�t.
<br /> Any noNp�h�M b�dNm�d to h+�v�e be�n yiwn to Borrowar a L�ndK wMn piwn fn tM ma�xisr stat�d abow.
<br /> _ 1!.T�tfw of IM hop�rty a�l�td YK�nt In q+�b�towM. Ii ell or eny pert of the propertv a eny IMereat in R la sold or vensferred
<br /> — wlthout L�nder's prla written coneent,Lende� m�y dem�nd immediste payment of the�ecured debt. Lendsr m�y alao demand Immedfet�
<br /> paym�nt if ths Borrowx ta not s notunl ptt�on end� Wr�ficfal intsrest in tha Bo�rower is so{d or trensferred. However, Lsnder may not
<br /> demuM paymMt M tM�bow dtuatbn�If It I�prohib{tad by fsd�nl Isw as of ths date of thit ds�d of trust.
<br /> 20. R�ew�wN�nce.Whtn th�obHp�tbn s�cursd by thit dNd of Vust has M�n paid and Lend�r h�s no furthsr obUy�tion to maks advanees
<br /> UfIdN th« IMtIUMMtt Or pta�rt�nt� s�cund by this d�ed of trut� tM Truste�shNf upon v�nitten rsquest bY ths L�ndsr,reconvey tM tru�t
<br /> �� atbn wiatla��td�6prrowe�shilltM Borrower,or to Borrow�r'�succsssor In int�reat,the trust dee��nd tM nots or other svid�ncs of the
<br /> pay�ny reCOrd�tbn co�ts.
<br /> -= 21. BueeNar Trwtr�. Lende, at Lend�r'�o tbn, may nmov�TruttN �nd �ppoint s wcces�or tru�to by fkat, maflinp a copy of tM
<br />'� �ubstkution of Vu�tse u requk�d Cy appllcaEh Paw,�nd thnL 6y fiurq tIM subaltutlon of trustN ta rscord In th�offic�of tM reptst�r of dNds
<br /> - of each county In which tt►�trust prop�rty,a some pet tMraof,b situat�d.Th�succusa uust��,without conveymc�of ths propsrty,thall
<br /> ��� wccNd ta 1N tM powsr,dutN�,euthor f t y and titM of t M TrustM nart�d in tM d�ed of trutt�r►d of�ny wcc�sia trustse.
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