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<br /> � � DEED OF TRUST 97� ��669� pp�3 > •�� -�� , r�-
<br /> I . 08-i1-1997 (Co�tlnuedy
<br /> ' Loan No 635786 �
<br /> �
<br /> i
<br /> prop�ty. u�hxr�sh�d�a any
<br /> , �,�ptle�p� Conatryct{on. Tru�tor th�N notfty L�nda at INSt flflMn(16)day�beton any wortc h comrt�nad,��Y
<br /> „ut�b ar��uppN�d to fh�PropMy,ff any m�chtnb'�u�n, r�ut�falm°n'a!lan,a�otha►wn could b� �ss�t�d on axount ol th1 wak�
<br /> tK�,pr m�terl��s.Trusta wIN upon nqwst ol L�nd�r furnbh to Undsr advwncY assurances salbfactory to Und�r lhal Trusta r.ar�o�d� � .
<br /> p�y th�cosl of such Improwm�nb. _
<br /> 1 PROPERTY D!lMAt�F IN3URANC�. Tha fdlowinp provftlons rNadny to Insudrq Ih�Prop�+ty 1�ro t Pa�o}t�DMd of Trust. . :
<br /> A�IMMar��for ths fuN Insur bla valu�e o�vKlnp�N ImP�o��nb on th�IFial P opaty In an moun snulAclw►t o{:°vad��NCa�or�of a Y
<br /> ! rapl�q
<br /> . . , cdnsw som6t ��ulr�WPhollcf�s shaN b�wr�iHe n I n fam,�a ountt f ovar��pes�n��sfs rNSOna�a�P k b�l.n d M a d i s s u l d`b� ,
<br /> may w. Y �Q
<br /> a ce tl�ACStes of�lnsunnce In forbm ea�ctaY to Lender,Uciudinp sUpuktlonstthet cawraGes w�ot be c�noeN�d or diminish�d wNho� • '_
<br /> r l o r w r i l b n n o H c e t o L e n d e r. E a ah insur�nce pd�y aiso sha�Indude an endorsement provfdinp tlutt cown0��^�VOf� —
<br /> letst IM (1 0)deri�V �t my tlm� ` R_�
<br /> �endor wili not W{mpaked In any wny by any act,om�ss�on or detauit of Trusta or any o t h e r pera o n. S h o u l d t h en��f �d �T�ta
<br /> beconw localed In an uea des�Dnated by the Dirocta of the Federal Emerpency Ma�epemenl AOency as a specla ,f.:.-.__"""'"
<br /> apree�to oblaln md rtwilnuln Federal Flood Insurancs for the full unpaid prindDa� �k�o�t���n, up to ths m�udmum pdbY��� ,.
<br /> under Iha NQtlorul Flood Insuranc�P�opram,a�s othanwisa roquked by Lender,�nd to m�tin41�such Insunnce for lhe brm°��I+��°' .:.,,;,,_.,���_
<br /> AppMatfon of ProceHls. Trustor shell promptly noflry Lender of�ny loss or d+►me9e to the Reperly. Lender m�y mak�proof o1 los�NTnisior . .• : :;
<br /> .;. prtile .�•'��t'';it.`��;�;�'
<br /> Ialls to do�o wi1Nn fltleo��ib)d1�YS of 1tN c�sWUy. WtwtMr a not Lende�'f security b knprlrKl�rrNnt of anY�iNn 1�thC11�fl ttf�prpp�,�`teln -�..�:..:, :.�,.�`''
<br /> tt�+procaeds of eny liaurance and apply Ihe proceede to the nduadon of the Indeb2ednsss�PaY -__
<br /> � � reaiarallo��nd repak of the Property. 11 L�ndar elecls to app1Y th�Proc�ls to ns�a°11on and r�Wk.Trtal a�h►W������ �
<br /> damaped a desaoyed Improvsmenb lo a manner satishctaY to Le^dK. L�nMr sF�, upon fa�i°ry P�
<br /> raimburas Trush Aaw n be�n� dkburNd1wHhi�80 d�Y�������d whiCh T4�ndr has not eommKNd to tM npak a rKiantlW�of --�—--
<br /> prxNQa whlc InMrMt��nd th��d�r�M ,
<br /> t�prope�ry,�h�l ba us�d Ilnt to pay any amounl owk�p 10 l.�ndK u"dK d�OMd d 7rust,lh�n b paY��
<br /> any,Sha11 W apPYad lo tFw princlpu Wl�no�o(th�Indebt�dn�ss. ir i..nd.r naa any vroc«as an�r p.y►n«��in na o��n•ind.nrdrna.such
<br /> procMds�h�N W�sald ta Trutta as Tnutaf�Int�nsla rru�y�PWu• cov��d bY ihl� , •„ •=i
<br /> Un�xpk�d Insurine��t 8W. Any unucpk�d Insuana sh�N inun to th�benalH of.an0 past lo,ih�Purahtwt of ih�PropK1Y . ,F�:
<br /> pMd of Trutl at tny MustN'�pl�or otMr ql�held uncNt ltN provtslons of this DNd d Trtri4 a�1 any tondosur�aN of such PropulY• -
<br /> N Iaw�L�nd�r m1y nquk�Trusta!o m�inWn wNh LMd�r rM�vM ..�.
<br /> TA%A/i01NSUW'1CH RESERVES. SubJ�cl lo any MmHalbrn at by�PP� nt a monthry WY�^b of a
<br /> � fa WYmMt of mnwl tow�a�srnanb��nd I�unna pnmlurta.whlch narws slwM W ae�Nd by�dwno�DaYrrN ��
<br /> tum Ktinrl�d bY��lo b�wMcNnt to P�odua�mounl�at Nut�qwl lo th� Was���n�nb,rnd Intun�1h��4x��a�s b,� ' _.,�
<br /> raNrw funds�NM b� Mld by L�nd�r a a ponKS�d�D�kom TruNa�whlCh L�ndK m�y NIfsN bY GY� - _
<br /> Irqunnd D���nQulr�d t0 b e P�bY T r l u t o r u i M y b�COrtN dw. L�nda sh�M h�w tM dpht l0 dnw uPon Ih�rMMw tundl to O�Y�h _ --
<br /> � N�rra,and L�ndlr �h�N not W nquind to d�Mrm!rw tM wNdlty or�ocunaY W any Il�m b�fa�p�ylnp H. NolMrp In t l�W�d W T r W I�haM b� —_.
<br /> = corw u u:d:� r.;,�:-f r�l.as4e!In.dwr�otMr monNs fa tuch purpo���nd L�nd�r sh�M nd Incur�ny NabWry la�nylhirq q rtwy do or omlt lo
<br /> do wNh rMP�b 1h1 r+�w�ocounl. All amounk�In tM r�w rocouM�w i�y�,i w i y�d ta!as!l.�:•�tsro!t�!Ind�bt�fnur.�nd LMdM M
<br /> h�nb Y �ulho�ibd to wHhdraw�nd app�y su�h�mounb on ttN Ind�bMdnM�uP�����a an Ewnt o�DNault. �N�dM��a
<br /> �««w�lund�le�wit io�rus or�a d U d:►b no`f r�tor�apse t�t �Ym�.n1 o t tne I�c.s��n d���ssm•�r•4n��°w p�ild ay T�ius ea�tn.
<br /> p(pE!lpITllFiE6 BY LF_NDEFi. If Truator hYs to comply with any provbion of thls ONd d Trust,a M tny�cHon or WooM�^0����
<br /> thnt
<br /> ' tak�any�cYa� tht L�ndK
<br /> �. would rty �y��nt that�l�id�r sxp�n�i^so ddnp�wiN bw In at at Ihe n prould�d la f�Ft�Nob irom IM dds InOUrt�d or P�
<br /> � oj�NaM�bo�PPoNOnyid amon0 d b�P�Y�����toNaUrrNnt WYmenlp o(b comi du�i dwlrp N�M►�pj�h�tKm a(ar�y�DP�
<br /> � i�sunna P�Y a (�)tlw nmiJninp 1Km of Ihr NoN.or (ol b�trs�Nd a a baMoon payment wNch wiM E�dw and P�Y��t tM Not�9 rt�tullY. _
<br /> Thb Owd of Tnnt�bo wil s�cun P�Yrr���o����mounb. The rfphb provid�d fa In thb paapnph thaM be In addHlon�o�ny otMr�a�ny
<br /> g 1M ddauN so a lo __
<br /> �: nrMdfM fo wNeh LMd�r tn�y h��ntltMd on�000unt of tM det�ud. My�uah tctlon by L�nder thaN not b�consMtMd as cu�kq
<br /> b�r Ls�du tran anY r�n'MdY�►wt N olMrwlN would haw had.
<br /> �, WARRAMYi OEFEIISE OF TITLE.TM(o�owln0 Pr�vkior�s rN�dnp to owrMrsNP d ths Prop�rb��P�of 1Ns 0»d af Tn�t.
<br /> �, ne�. 7rustor warr�Ms lhtt: (a�rnnta hoias 000d md nwicwa.��a�aai��wxu�powoy,�������°d�^w�wd�
<br /> �ncumbnnc�a othar than thos�s�t tath In tM FiNJ Prop�ty dMOrfp
<br /> Kvor of.�nd �D�by��In conrMC�on with ihk DNd of TnMt.�nd (b)Trwtor hu ttN full dOM.DowK�and tulhorRY to�CUM�nd
<br /> d�Ywr thb D«d of Trust to l.�nda. qN
<br /> D�Nns�af TMN. SubJ�ct to th��xc�PUon In tlw panpr�Ph Wow�Trusta wamnb�nd w�1oavM�dM�nd tM tfll�to th�Prapaty
<br /> InMUI cidms ol 41 D�rsons. In tM awnt any�cUon or procMdir�l k comrtwnc�d that quasllons Tnistors tltl�or tM fnMntt of rus1M or _
<br /> ' 'ti- L�ndK unda.lNS Doad of Tnnt�Trusta ah�M d�f�nd th�ectlon�t Tnista'��ne�.Trusta may b�th�rwrtBntl parqr In�uch proadtnp.but
<br /> � �� l�rbK sh�M M enMll�d to WuticiPat�in tt�Prawdirq Rnd fo !»repr�nted In Ih� proc��dinp bY counsM of Und�fs own eho�a,�and ��
<br /> Truslor wl1 deiver�a caus�to b�dNlwnd�to L�ndr tuch InsaurtMnts u Lender m�y r�qu�st kom tlrt►�to tlrn�fo pKmlt tueh P�� laws, - -
<br /> ' � �no11,and r�pWatlo�of 9own►rtwnttl w halti�s.���nd Trustor's uss of tlw RopeAY complMa wlth aN �xlstlnp�pP =
<br /> CONpEMlIwTION.Th�foNowlnO Provlslons rsktlnp to cond�mnatlon p�oc�dinps�r�a P�of Ihls D�d of 7rost. _—--_ �`
<br /> /�p�kaqp� of N�1 prpoMds, If ap or tny part ot the Prop�rty b cond�rrr�ed by�rn�n�nt domaln proowdlnps
<br /> ot by�ny proCNd�tqtM
<br /> pur�has�In INu of condomnadon,Linder maY at ib eleCtion rpuk�that�N or tny pation of th�n�t proo�sd!of ttN awrtaMr n��D��� j ��;;;
<br /> InMbtodmss a th�roptk o�restoraHOn of fhe Proparty. The not proceeds ot Ilw awtrd shap m�an Ih��ward aflK pty „;•, �y �-^",.
<br /> . .�ti ,q ta.�
<br /> cosb, exp�ns�s�Rnd attaneys'fees Inowr�d by Trus1N or LendK in Conn�ctioe with Ih�Condemnatlon. �.�h :�;:..�',. .- -
<br /> ` ProcNdinps. If �ny proo�edinp In condomn�0on b IfNd,Truator�haN promptly notly L�nd�r In wridrp.tnd Trustor sh�P��PtiY � •�'�-w�=
<br /> ,;��yY;, k+"
<br /> stapa as mty ba �wcass�ry�o d ohnd tlw�cUOn ond obtain tM aw�rd. Trusta may b�thr nominal party In tuch pro�wJi^O�but��nd�t�M .
<br /> b��r►titMd to partidpat�In th�procMdlnp and to b�npr�nt�d In 1M proa�clinq by counsM of Nt own ch o i c�,an d Tr u tta wll dM�+^K or . .
<br /> caua to bo daYV��d to L�nd�r�uCh I�xtrumanls as may ba nqwst�d by H iran HrrM to timo to parrtdt such p�rttclpaUOn. .
<br /> fK
<br /> IMPOSITION OF TAXES,FEES AND CMARGES BY GiOVERNMENTAL AUTHOFiITIES, The tollowinp provisions relaHnp to powrnmMfa�t�w��
<br /> �eey Qnd p►sarp�s 1n a ptrt of thls De�d of Trust: �
<br /> Current TNCN,FMS�rM Charp��. Upon nqu�st by L�nder,Trusta ahaW ox�cut�tuch dxum�nb I��Tr1uttortshW nlmbtxM l.�d���
<br /> wt�t�wr otFwr actlon b nqu�st�d by LanMr lo p�t�ct and conUnu�Undw'����tM��tl��•��� �Tnxt,Inctudnp v�lhout
<br /> tua. a dauxlbM bMow� topath�r wlth�11�xp�nsa incixnd In ncadinq�P�tl�W thfs Dwd of Trust
<br />_ .. .: IimiUtrion�U t�xas�fNS�doaurtNntuy sttmps��nd othK oh�rQK fa ncordinp a r�p4t�lrq -.---....`.+....n..,�„i r��or uoon a1 or�nY
<br /> - � � -i w u�,�m w■..�p......�_. .._ --_=-----., .
<br /> T1��s. The�dlovd�0 shaM cronstltuts hx�s to whtch tMs s�ctlon aPPN�s� (�1�W�"'� �
<br /> pul vf tM IndebtxJnsss saound by thb Dwd of Trwt; (b)�sp�dtlo 1uc on Tnula wtYCh Trusta Is alho�l�d or nQ�to���a
<br /> hi hoidor of�l oin�dobtodtwssdsac�b�t�tYp�aN �a y�poTrdon o�tlt�i�ndabt ne�or on~p�Yrt►��t����^�Ints�t nxcM by
<br /> Trustot.
<br /> I g��que�17axy, I}�ny tax to whbh thb tactlon appll�s b�rnct�d�ubsoQuont to th�dats of thl�O�d of Tntst,thls�wnt sh�N luw
<br /> I pro�boiow8unlass TrustoreNl�hx�(�pays the tax bafore il becortwi da�^i Quent a�(b contests tha Luc ae P ovidad�bow In th�Tax�•d
<br /> ; Uens secHon in d dep o e l l s w l t h L e n d w c a s h a a s u t A c�►n t c o r p o n U s u r o ry b o n d a oiher secud t y sahsfaclory lo Lendsr.
<br /> ; SECURITY AGREEMEHT;FINANCINO STATEMENTB. The(ollowlnq proWsions relatirp to tNS Deed of Trust as a security aqreeme^1 us�Pt��o�
<br /> thls Deed of Trust.
<br /> �onaj p p�p �iy,And onder shallehavehell of lhetrlghts o eursecure parly nder the Uniform ConmercaP Code�estaumended hom Mme o
<br /> tlme. .
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