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<br /> • QS-1d-1997 DEED OF TRUST 97-• 1(�s"r'�3 P�N 3 . _ ''.-_�
<br /> . to�n No 63�462 (CoMinued) ' `��i
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<br /> � _—Payrt�nt. Trusta tlwM p�y whm ciu�(�nd In WI ovonts pria fo deNnquancy)nB tax�s.sp�clal taxes,�ssosamanb,c►wrqos(Inclucfinp wabr .�'a
<br /> •nd Nw�r),Ma�nd Imposldons NvNd apainst or on�►ccounl of th� Property,and shaM pay wh�n du� �N Clalrtq for work dotM on or lot r:�-
<br /> � i sKVb�s nnd�rW a rtMtarUl turnlshed to th�Prop�rty. Tru�tor sh�M mainlaln Ilw Prop�rty hN ol�tl Iknt haNrp prlority ovK a�quU to lh� .��;''":
<br /> Intpnst of Land�r uncNr thb Owd of Trust,acept for tlw Ibn of tax�s and Issaumenb not dw and wcc�t af Otharwis�proviGd in thb DMd , +
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<br /> � ol Trust.
<br /> ' qipht To Contat. Trusta may withhold p�Y�M of�ny Wc.�sr,�ssmsnt,a cWm In conn�cGOn wlth�pood Itllh dispul�owr Ih�obYp�tla� ,�'�!�•�
<br /> to p�y,so lonp as L�nd�t IM�rat in tM Prop�rly h nol J�opuWx�d. H�Ii�n uls�s a fs ANd a a��ull d nonp�yment,Tru�ta sMM wMhln ,g�r�'�;
<br /> Aftoon(tb)d8ys elter the Ilon arlses or,If e Ibn Is ffbd,withln eMe�en(t6�deys eller Trusta h�e noNO�d t1w�AYrp,uoun th�dbChllrp�d tM ---
<br /> IMn,a M rpus�t�d by L�nd�r,d�poslt with L�nd�r cash or�suflfcMnt caponM sarly bond a otMr s�curity aibhctory to L�nd�r U an :_-
<br /> smount suM�Nnt to dtsctwp�tM Il�n plw tny costs tnd�tlansys'h�s a otMr charpn th�t could�ocru�w�nwN d�londo�un or�aM '4� ' -
<br /> unWr th�li�n. lo�ny conMst,Trusta ahU dMend IWN tnd L�nd�r tnd th�N utby any advws�Judpm�M b�fon�Morartwrd p�lrnf tM �
<br /> . ~ Prop�rty.Tnnta srWl nam�L�ndK a an�ddltlonN oblipN unclw�ny saMf►bond turnkh�d In tM conM�t procMdnps. .� ", .-:
<br /> � EYId�11C�01 P�IRN01. Trustor thaN upon d�mtnd lurnlsh to L�I1dM SY11!l�C10ry�VkM�IC�Of p1y111sI110f tM LX�i OI�ii�{f�1K11b t�ld ihY +, �. , �,;�
<br /> tuthorix�ths�pproprialo povarnmenW ofACtal to dWvw to Londer at�ny tlme�wrfl4n st�krtNnl of Ih�taxa and ass�stmsnb�y�ir�st tM �"'�'=-"`
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<br /> tiptla of Conspuction. Trustor sh�N notHy L�nd�r d Nas111M�n(t6)days belon any work b comrtwnad.any s�rvfrw��n fumish�d,a any :;f.�'��.�-
<br /> matpiais�n aupplNd to th� Pro�rry, H my mech�nb's INn, rtuial�lrtrn's N�n, a oth�r N�n Could b� ass�rted on�ccouM W tlu wak, •
<br /> � s�rvlo»,a rt►ttwt�b.Tnnto►wil upon nqwst ot L�nde►fixr�sh to Lend�r�dwncs tssur�nca aaUShclory to Lsnd�r that Tn�Ma can tnd wi1
<br /> P�Y th�cott of such Improwm�nb. � _
<br /> PqOi�ERTY DAMA(iE IMSI�iANCE.T►N�oMOwinp Provfslons roktlnp to Iraurirq ttw Proparty are A pa�t W tNs D�d ot Trust. �
<br /> MalntMtana of Inwr�. Trustor ehaM procun and m�int�in polVCMs of Ar�IrMUrana wNh attndvd�xt�nd�d cmhnp��ndaa�rn�r�lt on� ....,;
<br /> repi�wrtNnt basis fa ihs fu1 IrnurabM valw covxinp�M Improwm�nb on tl�RMI Prop�rty In an�mount sulAd�M to�vold�ppYadlon ol�ny ;.�;-_
<br /> aoitaurana dausa,and wMh t s4ndard morlpnpee clause In tnva ol Lsnder. Trvsta th+�N oko procun�nd mNntatn compr�ive p�nral . _
<br /> NebMily Insurana in such cowrap��mounb as Und�r may rpu�st wllh truttN tnd 1.1ndM bNrp nartNd as�dditlonN{rKUnrls In such UabNity .
<br /> �r�sunnc�ppWci�, AdditlonaNy,Tnntor sNN m�inhin such oth�t Uaunnc�.Includinp but not Mmit�d to hmrd,busin�InMrtuption,and �
<br /> bofMr I�uranca,as Lander may nasawbty roquk�. Pdfctos sh�N b�whfNn In fam,�mounls,cowrapM and btsis n4son�bly�cc�ptabN b -
<br /> Lsnder and bswd by a campany or compu�s rwsonabry acoeptabw to Lender. Tnqtor,upon roquest ot L�ndor,wiM deliwr to L�ndK hom
<br /> I tlrt►�to drn�th�poMcNs or c�rlfAc�tes of Irqutana in lorm satlsfectory to UnWr,InCludnp ttlput�tbns that cowrapM wMl not W CanC�Md or :_
<br /> � 1 diminfshed without at least ten(10)days'prior wARen notbe to Lender. Each irnunna poMcy�FSO thaN Indude an�ndart�msnt pr4vldnp th�t •-
<br /> covirop�in hvo►of Land�r wiN not b�Imp4kad In�ny way by any ecf. omisslon or d�fnWt ol Trusta a any other p�rson. Should Ih�RMI ""'
<br /> ' Prop�rty at�ny qrtw b�conw loatad In an are�d�slpnat�d by ttw Olncta of th�F�d�rai Ert►�rp�ncy A1�napxn�nt AQ�noy as a rp�cW Ilood '_
<br /> � hmrd�rN,Trusta�proa ro obtafn and rr�lntaln F�riwal Flood Insur�na lor th�tuM unpald princlpal Wda�a of th�loan,up to th�modmum _
<br /> �� pdky Nmib s�!und�r ths Nellond Ftood Insu�anca Progiam,a as otherwis�reqWred by L�nder,and to malnhln such Irounnc�(a tM Mrm W __:_
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<br /> • � Appileatfon pf ProcNds.Trusta sh�N prompdy notly L�nd�r of any loss a darrwpo to tM Prop�ry. UndK rrwy m�k�proof oi loa M TnMtor �
<br /> � hfis to do to withln IIIIM�(16)deys of th�caswltyr. WFwIMr or not lsnd�t s�curity h Imp�kW,UnWr may,�t fls M�ction,naiw and rMain -
<br /> ttw procaods of�ny Insunnc��nd apply tM proc«ds to iM nducNon d ttw Ind�biWn�ss,paymmt M any Mn aM�cNrp ih�Prap�rty,or IM i; :
<br /> nstaatton�nd npak of fh� Propwly. It L�nd�r�Ncts to�ppiy ih�protw�N lo r«tonYOn and nptlr. TruNOr�h�M npair a nQl�a iFN �
<br /> dam�p�d or d�sbof�d Improwm�nb In�mann�►atlshctaY!o L�ndar. L�nd�r sM1. uPon selkhclay P�of wch�un�WY a �_-
<br /> rNmburs�Trustor trom tM procMds lor tM nasonWw cat af npak or r�tontlon M Tnnfa k rat In d�fault undK tf�DMd of Tn�t. Any -_
<br /> pro�wd�whfch h�w not bMn dbburHd wflhin 1a0 days a1Mr tMir nceipl�nd wMoh L�wMr h�s nof oommNMd to th�np�ir or nstaation W --�
<br /> ttw Rop�dy sh�N b�us�d Arst to pay tny�mount owkp fo I.md�r under iNt ONd d Trust,tMn b pay worwd int�nat,and tM nrtMinda,If
<br /> �ny.ehaM b��y�pM�d to tM prindpsl Wlana of Ih�Ind�bMdnKS. It Undu hoW�Rny procwds a1Mr p�ym�nt In fuN of th�Ind�bMdr�t,wch
<br /> procwdt�h�N b�pald to Trusta as Tnuta'�InMrpb rrwy�pp�v.
<br /> Un��kb In�r�a�t 8Y�. My ur�lnd inwnna shY Inun to Ihs b�rMAt of.and pta to.th�Pu�ct�wr of th�Propaty cownd by Fhb
<br /> DMd W Tnnt at�ny erust«'t s�N or oThM NN hMd undK tM provl�ions ol this DMd of Trtnt,a at�ny lonclpurr i�N of wCh PtOp�rly. �
<br /> TrvMo►'�R�pat on Inwmee.Upon nqwat of Lmd�r,ho+wwr not ma�thin ona a yw.Tnutor�t�M firdch to L�ndK a nport on Nch =�`�
<br /> �xistlrp poYcy of Insurand showinp: (a)th�nurN O}th�I�unr; (b)tho r6ka i�uur�sd� (o)tM amouM ol tM D�Y (d)�P��iY���
<br /> th�than Cumnt np4am�nt v�iu�d such prop�iy,and fM rrwnrwr ol dN�nnin{np that wius;and (�)tM�xpfntlon daU of th�poMay.
<br /> Tnnla s1��uPon nqwst M L�ntNr�h�w�n Ind�psnd�nt�ppr�is�r satlshefory b UndK d�Mrmirw th�wsh wlw nP��oott af tM —
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<br /> EXPENDIT�iEB BY LENDER. If Tnnta hNS to comply with any provfsion of tlib D�ed of Trust,a N my�ctlon a procMdlnp I�conNr�iad IhN _—
<br /> would rtKUriaNy athct L�ndws Inbrosts in tM Propwty,L�nd�►on Trustors b�haM may,but sh�1 not bo rpuind to.Wc�anyr�cUon tMt L�nda -
<br /> � dMrn=RPProP�t�. My�mour�th�t L�ndrr sxands In�o daleG wIM Mv InNrKt at th�nM proNd�d for in th�NaM Nam th�d�M incund ot p�id
<br /> by Undar to th�d�M ot nWYmmt by Tnnta. A!I such�nsa��t L.�nd�s cDt�on�wW (t)b�WY�on d�rn�nd, (bI b�addW b tFN bN�na
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<br /> � of tM Nok and M�pP���M�O�nd b�P�riti��th any I�taMmmt p�yrr�nb to b�com�du�durinp�ith�r p)tM Mrtn of�ny�ppMc�bM --
<br /> Irqunna poNOy or (W)th�nm�lnlnp Nrm of tIN Not�,a (o)b�inat�d as R b�loon paymmt wl�ich wlll b�du�and pay�bN�t th�NoM's mahKMy. - �-
<br /> Thb DMd of Tnnt�ISO wul wcun ptymsnl of tMs�amounhs. TM riphb provid�d tor In thfs panqraph shnll b�in�ddiNOn to�ny ott�riphb a any =
<br /> � renMdt�b 10 wNch Undsr may b��ntltlad on account of the cletault. Any such�cdon by LvndK ahaY not b�cortstrwd as curirp th�dNauM so a lo =
<br /> bar Und�r kom any rortwdy ttwt it othwwts�would hava had.
<br /> WARRANTY;DEFENSE OF TITLE. Tlw topowinp provisions roltflrp to ownarship of ths Prop«tyr an a part of this Dwd of Tnnt. :-
<br /> -• �!�' Titk, TNStor wart�nb that: (a)Truslor hdds pood and rrw�katabla ull�d racad to th�Prop�rty!n 1a WmpM,kM�nd dMr af�p Nna and -
<br /> �ncumbnnas oth�r than thos�wt tath In fha Fl�al Prop«ty drscriptlon a In any tlUa Insunna pdfcy.Utf��apat,or Ifnd tltl�oplNOn ktwd In
<br /> " hva of,�nd accaptod by,Landor In conn�ctlon with thls Owd ot Tnnt,�nd (b)Trustor ha tM fuN Npht,pow�r,and authottty to�acuM u�d -
<br /> clNiwr thb Daad of Trust to Lend�r. ,.
<br /> D�Nnt�of TftN. SubJ�ct to ths�xc�pdon In tM p�npnph�bow,Trusta wamnts and wiN for�va d�Nnd tM Ytlr to tM Prop�rty p�IrMt IM � � ;�:�-.:
<br /> lawlul c41ms of dl p�rsom, in thr wsnt�ny acdon or proc�edlrp b comm�rwyd IAtt qwttlont Tnnlor's tlIN or tM InMnsl of Trut1M or :,t,�� .
<br /> la�der und�r this D�W qf Trust,Trusta sMN d�Nnd Ih��cflon Rt Truslors acp�. Trusta rtwy b�th�naimlrwl puty In such prooNdirq,bul ,,�. .
<br /> L�Mer shW b��ntNNd to p�Afdpaw In tM procMCinp�nd to b�npr�nMd In tM proo»dtnp by cournM of L�ndw�own chda.�nd { ,
<br /> Trusia vrlll d�Nwr�or caus�to W dMiwnd�to Land�r such irutrum�nb a�L�nd�r rr�Y nQu1�t trom tlrtN to tlm�to 0«mlt such p�rYdpWon. , •;. ..+�., ,.
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<br /> Compll�nC� Wlth 4ws. Tnnta wuranb ttut ltN Prop�riy and Trustart us�of th� Pro�ty canpYas wNh �II�dstlrp�pplc�bb law�, .'=,_P::
<br /> adfntnoes�and nput�8orn ot qowrnm�nt�l�ulhafdN. • ' �"`'�`�:'�-
<br /> • � CONOGMNATION. TM toNowirq provistor»ni�tlrp fo cond�mnatlon proc»dlnps an a put of thls DNd of Trust. � '
<br /> Applkatlon o1 1Nt ProcNds. If all or �ny put of ftu Proparty b cond�mrwd by�mir�nt domain procNdinps ot by any proc.wdrp or
<br /> ptxch�s�In liou of condomnatlon,l�ndar may at fb N�cUOn roquin that�I or�ny portlon of ihs net proce�ds ot tM awud W�ppiNd to tM
<br /> Ind�bl�dnns or th�npak a ratontlon of tM Pro�rly. Th�rwt prooasds of 11w awud s1u1 m�an ttw awud aRa paym�nt af�II n�son�bN
<br /> Cosb,�cp�ns�s,and�ttorrays'(ws incurtad by TrustN or Landar In conrnction with tlw cond�mnotlon.
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<br /> -... � . . FTOCNOIn It an rO4T�0� �n cOnO�mnauon R nww���us87�erw� a� u �ww� u��uw o�wrm� -
<br />- �• Y P � Fr 4+I 1 N�itr�u nw•u s�w�{nw��u��ant suta� !^ ---•- --— -
<br />_ step�as may be rwcassary to deland the tctlon and obtafn ttw awud. Trustor may b�th�nominU parly tn such procMdiny,but LorW�r afwl t
<br />' l��ntltied to partidp�te tn th�procaodirq�nd to b�repr�ntsd in the procaedlnp by CounsM W fb own chdc�,�nd Trustor wiN dellvK a {
<br />- caus�to be delivared to Linder such Instrumants as may be roquested by d from tlms lo rima to pKmit suCh pulfCipttlon.
<br /> - IMPOSITION OF TAXES,FEES AND CFLWGES BY(iOYERNMEMTAI AUTHORITIES. Th�fopowlnp provfslona rNsUnp to powmm�n41 t�xas, ;
<br /> - I taas�nd charyas aro a p�A of this D�d of Trusk ; '
<br /> . i Cumnt TutR�,FNS�nd Charp��. Upon roquest by landar,Trusfa shU exacut�suCh dxurtwnls in QddiHOn to thfs DMd of Trust�nd Wc� �
<br /> what�vw otMr tctlon Is requesUd by L�nder to psrtoct and contlnw L�nda's INn nn th�RMI PropKty, Truslor shtM nlmbun�Und1r ta u '
<br />' taxw,as doscrtbad below,topolher with au expenses incurted In recordrp,pe�fectlnp a contlnulnp this Deed of Tnnt,Irsdudinp withoul '
<br /> ��m��tlon�u taxes,fees,dceumentnry stamps,end other charpes for rocordup a reyisterinp thls Deed ol Trust.
<br /> ' T�x��. Ttw fdluwlnp shau consGtute taxes to wh►ch Ihis sectlon�pplies: (n)a speclAC tax upon thls typ� of D�ed of Tnnt or upon�A or any
<br /> - ; part of tM InWbt�ss securod by thls Ooed of Trust (b)a spaclAc tan o�Trusta which Trustor Is wthorl:ad or requk�d to daduct kom �
<br /> - I payrtwnls on the Indebtedness secured by this type of Deod of Trust; (c)�tex on thls type of De�d of Trusl Cht►petbN�plinst th�Und1r or �
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