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<br /> � � � 0�-20-1997 DEED OF TRUST A �nr P•a 3 _
<br /> � . Lom No b42332 (Contlnued) i77"�1�qraa� �" -
<br /> t indudrp ayMr
<br />;. � P�ym�n1. Trustot�hall pty when due(and in al!6venb pdor to dellnquency)�I1 taxes,spsc�tl tax�e�atMS�nNnb,ohupo�( �°
<br /> �nd Nw�J,tines�nd Imposlllons Nvbd�ydn�t a on�ccount of FM PropKty,�nd fh�q A�y arMn dw�II ddr►u fa woAc dor�� a(a ,_
<br /> • ts�tv{CM�nnd�r�d a ma1KI�11urnlsMd to th�PropMry. Trusta�Is�N maintaln lh�Prop�Ay h'w ot�M I!�►ro haNnOe����e;�;tt��v owr a�4u�1 to Itw
<br /> r In1�rK1 M Lvnd�r under Ihls D�ed ol Trust,�xcqlla Ih�INn ol laxu and auasam�nls not dw.�xaP�to►tM�M�,'nA�bMd��� _.
<br /> , � to bNoM,�nd oxc�spt as otherwise Orovld�d In Ihls Deed o}Truat. -;
<br /> Rlpht To ContsM. Trusta rrMy wqhhdd payrtNnt of iny t�x,�s�rt►�nt,a daim In conn�ctlon wNh a 9ood Nlth df�PuN ow►th�a�Mp�tlon ',�
<br /> to pay,to lonp as Und�t'�InNral In lh�Prop�rly is not J�opudix�d. If a INn ub�c►b 1INd as a n�ult°f no�P�Y^1°+�►'T�Of��n :;-
<br /> ffkcn(1&)d�ya�Rcr 1h3 Gon nrtsm o�.If n Ilem h flied,wflhin flfl�an(16)days�Rer Trusta h�s noda of th�IINrp.i�Ctx�th�dloh�tp�of tl»
<br /> r:.��` Il�n,a M nqwtt�d by I.�nd�r, d�pw.�t with Und�r cuh a a�uMlcl�nt corporau nxrN bond°�olh�r�°u�iy c��"�t�Y��dor ln nn �.
<br /> tmouM sufflclmt to discMrp�H+�Ikn plu��ny coste�nd attom�ys'f�a MhK oNrO�o lhd could�oaw a�nKUR of�fa�dosu�a� �_..
<br /> und�r ttN N�n. In ar�y contast,Truslor thaM dotsnd IhWf and LendK and atwN attlsN�nY�dwre�ludOr►���b�fo�Mta°�rtM�t�p�l+ut tha ,
<br />,--;�,,.,,�, ^r��:;:Trt�tCr ehs9 rt!me I�nrlw�s m additlonai oblips�undur any sursty bond turnish�d In tM cont�sl praa�dlrps. �_:
<br />- •a*�� Evid�na of P�y►ment. Truata�IuN upon demnnd furnish lo Lender sarishiotaY�wd�r�of paymmt of ttw yxa a a�s�smrna u�+Nw" �s'""
<br /> „' �� wthori�th��pproprkt�povernrrNninl oMcfal io dalhrer to I.anOer tt any tlms a wAthn c4tte:nont of th�taxa wnd ass�ssm�n�s��t� _
<br /> Prop�rty.
<br /> Notic�of Conetnictton. Trusla ah�N nouty Lender at le�tst fitteon(16)dsys Bofa�9n}/uork�S�rtmtncoQ.anY saNCa��n t�s��°t any �`
<br /> � materiaK ua supplled to ttw Prop�rty,II arry mechanb's Aon,materlelmen's t{ert,or slRer Ie�o�ou�d ba a�'+�r1�d or��oco��► ��wak, --
<br /> seMoas,u malerlals. Truator will upon request of Londer fumVsR to Londor advance r�csw+strxt salisfaa�aY to��^��t Trustor an and wIM v_
<br /> . � pay ttw cost of suoh improvemenb.
<br /> _ , �': PROP�qTY DI►MA(iE IN8t1RANCE. 71w toUowi�y Pravls�ons reladnq to Insurinfl Ittie Prope�ry aro e Ps�of th(s ONSI o?Trust �;��-`
<br /> `,, , � MNnUmnoe ot tnwr�nc�. Trusta sheu procure and mainteln polkk:es mf fU�insunrx�wilh�tandud extend�d cownp��nda��b on a
<br /> roplaam�nt hufs tor th�tuM Insuribte v41ua coverinp�M Improwm�►ta orv U»Real Propxty��an amount aufM�nl to avold�ppMearon of any
<br /> � ••.,;: cdr�cixartco cl�u�o�nnd with a stenderd morl�goe cl�use In fava of Leadar,top�ther with auch oth�r hezard Itnd I1�bNfly Iraurl�no�a l.�ntMr
<br /> � may rqsonably requin. Pollcbs ahail bs wdHen In torm,amounts,covxaQas and basls reasonabty Qoceqlabiq to L.and�r and luued bY a
<br /> � cpmpany or companbs roasanabty acceptabH to Lertder. 7�usta,upon request of Lsnder,wlu dsNvK to Lorxkr from YrtN t0 tl.�IM poNd�s �;_
<br /> � pr owtilltxtN of Insuranc�In torm satlshatpry to Lender,Includlna 9tiputaHons fhat cowra�s wfA not�alnce��od ot dminkA�d���a �-, :
<br /> Nast t�n(iQ}days'prlo►w�itten noAce to Lender. Each lnsurance AWlcy a►so shall Inctude an endonemeM Dro'�Id�aC ttut wvwpo �_,.,:.
<br />" L�nd�r wW not bs Impakod In ar�y way by any aci,omission or deftuft of 7rusta or any other psaon. Shauld th�RMI ProMAy�I anY tlm� _
<br /> ��, , becorrN Iocated in an ars�desiymted by the Director of the Fedent Emerqenay Mtnapemen!Ap�ncy os a�p�cM�wood tu�rd�rM.T�°r
<br /> a�na lo obtain and r►Nintaln Ftderal Flood Insurance ta thA full unp�ld princip�l baltnce ot ttw�oan,up to tM m�dmum poMCy�ia�alZS fs1
<br /> !� • unda tM Nadonal Ftood Insurance Propnm,a as olhenvls�rsquk�d by Lend�r,and to maln4Jn such Irnunna tor Nw 1�nn oi t�la�•
<br /> ,' Appllc�tbn of Proc�ed�. Ttusta ahatl promptly notiry lender of any loss a d�mayr to th�Properly. Lmd�r m� rt�n proof a bM k tn�to�
<br /> ,i, ftih to do so wlthin flri�sn(16)days of 11w caauatty. Whethor or not Lsnder's�ourity Is�mP�k�d��amY����'����a�
<br /> tt►�procMds ol sny insurana snd apPb tM P��e�to fhs nductlon of tM�nd�bl�dnns�P�Y�^
<br /> h' .. nstoratlon and npak of tM PropKty. It Undar�I�cb to�APN th�pracMda to nstaatbn and npdr.Tnntor�hd npMr or n�tdrtti iM
<br />_ , � darrNp�d or d�stroH�ImprowrtNnb In a m�nner a�rishclory to I.�nder. UndK�h�N�upon salkfactaY P��of such�hh.p�9 a
<br />- .. ��• , nlmburs�Tnnior kom tM qroe«ds fa ths roason�bl�cost of npak a naton�Non it Tnuta k not In d�tault undK�.`1�DMd of Trusl. My
<br />�;. • procMds WNch haw not bNn dhbursW wilNn 180 tMys aner iimeir iec�iPi�n8 wi:i;i�Lan;�1�sm!�tst '`�!^!�r�.+e�►a rador�lbn M
<br /> ;; th�prop�rty thdl b�uad 11rtt to p�y any omount owinp to Lendor under thb DMd M Trust,th�n to pay�oc�w�d�������k
<br />,r�°� a�y�s►�1 a applMd to th�prir�lpN btUnc�W fM In�biedr�ss. I/Lander holds any procMds atbr p�yrtwn
<br />+�,._•' ' • ProoMd�stM1 W pald t0 Tr:ritor a TNStO��Intensts may aPPMu
<br />�-.-'� �••'� •�� lJr�xpked In�unna 1t EW. My un�k�d Insurtna ahW Inun to the berNM of�andpaq to�tM Purdhata of thr Prop�rtY oovw'�0 bY�
<br />�'"�'`�'���. DMd d TnM at any 1nnMe's saM a Whar stN hNd und�r th�PrmAaions of thls DMd ot Ttuit,or at�ny tOr�eiotun MM Of weh Proplriy.
<br /> �_4�..:'�H'i:�,+2
<br /> -" ��tY, �qnpNKN�wlth ExIMlnD 1nNbUdn�M. Oudnp the P��In whbh any E�dstlrp IndebtednMS tfac�ib�d bNow M Fn�t.corripYna
<br />-""`���"'j'��'ar� tM Intunna provhlora Contaln�d in Ih�insbumsnt��Ad�nclnp tuCh Exk8n0 Ind�btrdn�st th�M contlNuM ea�P1�►no������
<br /> -"`�`�71���"•' provlstons undar thls Deed of Tnnt,to tna extent complkncs wNh tM terms of thb W W ot Tnnt woutd corntltuM a dupNcallon al k�no�
<br />'��'_:.:'�, nqt�ran�nt. If any procaeds hom the insurtnco becoms p�yabN on Ioss,th�Provislons In Mis DMd of Trud for diNWon of pr�oOMd�ilyM
<br /> --�=:,�°� '�' appy ony to that port�on o(ths prxs�ds not paysbk lo th�hdd�►of tM Exisdnq Ind�bMd�oa.
<br />�,;;;,�.�a"-j,:�.�.; p�pp�lp�TUpEg pY LEaiDER. It Tnntor hHs to compty with any provlslon of this Ged ot Tnnt.Indudrp a�ny obMpaMoe to mNnWn Od�IMq
<br /> -`=_�':;,�_M� �nd�bt�dn�ss in pood sttndirp u requlred below,or!f any acNon a procee0inp b commsnad 1hN would mt1KWf►aM�ct�wb��MNM�b M��
<br />� Fropaty�I.�ndK on Trustors b�half m�y.but sMY not be nQutrod to,tak�any�cdon ih�t l.�nd�r dNrta�PD�op�iaM• 11nY amournt ItKt L�ndM
<br />"'�s'�?'� �xp�ndt in to ddnp wNl bNr InUrssl�t tho rate provlded tor In 1M Nota hem th�daM i�curnd or P�d by L�r�10 ttM d�'1�a��WY��
<br />-�... `.�:-.3Fr"� Trustor. All tuCh�xpens�s,�t Lender's optisin.ev4 (s)be Payabb on d�mand. (b)b�add�d to Ih�baWr�w of tM Nok md tr�ppal�ard trtwrq
<br /> .. anG b�p�yabb wllh wny Ir�st�Nment peyrt+ents 90 beCOr►»dw durinp N1Mr p1 tM tarm of anY�pP�M iruurana pdby or (II)tM�m1i'�bn0�
<br /> _--;��„e�;� p�th�Np1�,or (p)p�trsatad ee a bUloon payment whkh wlll be dw and peyabb tl 4M NoN's rrwtu�ily. 'IN1 D�ed of Th�t�sO w���
<br /> -��M;�� yt of th�amounb. T�s riphts provfded fa in ihie panqraph sh�!W In addHion to any dhK ripMs or anY nrr�lMs b wNch��id�►mt1►b�
<br /> ''y""'.Q. on�on accouM of lh�de(aull. Any such�vNon by Lender shall not be constrwd as ourinp ttN dNault so u to bar L�nder irom��'�Y n���►
<br /> +'""'�'"r-;r;., ft ottwrv�is�w0uld Iwive had.
<br /> =.:�,�;,.; ryARqAKry;pEFEN3E OF T11LE. Th�fdlowlnq Drovlsions relatinp to ownwshlP of tM PropwtY w a Put a thN O�d a T1tnt.
<br /> `~�.J�ili�`�il THN. Trustor wartants thah (s)Trusta hdds 000d and markNabN WN of ncord to fh�P�op�A1r Yt 1M sImDN.kN and dMr d Y Mtw and
<br /> �ncumbranas othsr than ihose a+t forlh in tha Re�U Prop�AY dKCdPHon or In th�DdsUrq Ind�bMdnKt s�cYon bMow or In�e1►Ilw k�uxana
<br />;) .., PpNpy.yq�rpat,or AnU tltN opldon Issued In fava of,and accspted by.LondK In conn�cllon with thN DMd M Tru�t.and (b)Trulbr hq ItN
<br />=-<,��*•+ , fuN rlpht,powK,�nd aulho�ity to�x�cuM�nd d�Nwr ttis�ssd W 7rust to Und�x.
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<br /> --�--�:,�• O�feeN of TItM. sub)ect to ttM ac�ptlon In th�Wreqc.nP1+abow�7Yusta wuran1s and�wl�tawMr dNmd Ih�tw�tra Ih�ProD�b
<br /> �f•f�� � lawhil dNrta o1 RN Dctsons. In th��wnt�ny�ctlon or procMdinp(�comm�nad th�t qwsYo�Trutlor'a INN a th�inNrMt af Tnx1N ar
<br /> ..;;!�.;�!�'�:.� �,
<br /> ,� ,i�7,:,��,,•: � UndK und�r thb DNd of Trust�Tntsta shat d�knd the action at n�s4Ns�sr►s�. 'IYusta m�y b�tM notnkiat P�tY M such PraMdinp�but
<br /> :. 1�;� i- ��ndit sh�N b��ntltNd to partk�pal�In th�proce�dinp and to b��'�.rm�ntsd In th�procMd►op by cournM W LMdws°�'rn clwlc�,a�fl
<br /> :•::. r�s
<br /> _'•`; '� ��'''�,+�` Trustpr wl�dNlv�r,pr caus�to W deNv�r�d,to Lend�r such InsUuminb as l.�ndir rr►sy nQwst irom tlrn�to tlrr�to p�rmN such p�AidpaUOn.
<br /> �`��`'' ,{ti;.,. CompMme�WHh I.�wl. Trusta wuranb that tlw Property�nd Trustor's use of tM PropertY compM�s wfih W e�dspn0�pD1abM k�, _
<br /> -. . •;;��•:���:� pdnir�t.and npul�Nnns of qovsmrronhi eutherllies.
<br /> �u•.5:,'{`7t�',� EXISTINQ UIDFDTEDNESS. Ti�idbwlcg provMlons corwerMnp�xlstlnp IndebNdrns= (ttN'Existlnp IndN�l�M�s�'ar�a part of Ihk DoW of =
<br /> �����:i��};�o TnJSt. _
<br /> �` Exlqlny�hn, Th�Uen nt this Dead of Trust secudnp t1w Indehtedness may h�sscooduY and�ntsdOr to�n�8s11rq IMn. Trustor o�nwh►
<br /> �. covanmb and�yn�s to pay,orsee to the p�yment ot,the E�dsllrq Indebt�drwas and to pnwnt any dNtult on sucA IndebE�d�NSS�tm►dMault
<br /> und�th�tnsMiments svidencinp such Indebtedness,or any defnull under any s�c�xity dxurtwnts tor such Ind�btWi�a.
<br /> '�•.�,�` pH�uM. If tM P�Y�nt oP any Installment of princlpti or any Int�rsst on ttw ExisUrp In4�bkdn�so Is not rtNd�wNMn Uw tlrrN��d bY tM -
<br /> �ki'•''�'� � noM wld�nCinp suCh Indebtedne5s.a shoutd a delaWt occur undK tha Instrurtwnt a�cudry such Ind�btodn�ss and not b�ct�d dudnp anY
<br /> ..; --- --�_�..y,_ ��.. .�.�...,..��.,,��e�o�np..tn.�ndantednsss sec�xed bY thb D»d of Tnnt shW b�cortN ImnMdlaMh dw
<br /> _� - - �ppllw�q�.��va�w.�.o�....,..a..�.....�_�--••- -- --•
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<br /> . �nd payabh,and thb Deed of Tmst shall be In deteulL _
<br /> tio ModIAcNlon. 7rustor shalt not enler Inlo any apreement wfth the holder o}eny matpepe,deed of trust,a othsr aacurlty Wn«n�n1 whfch .
<br /> hu prlorlty ovw this Deed of Trust by whlch that apreement Is modlNad,amended,wASndad,or ronew�d wlthaut tM prlor writqn cons�nt of _
<br /> UndK. Trustor st+all nelther request na accept any tuture advances under any such securlty aproertwnt wlthout the pdor writt�n Corts�nt W -
<br /> Land�t. f
<br /> CONOEMNATION. Trie tollowlrp proNsions relallng to condemnatlon proceedlnps�n a paA of thts ONd of Tnnl
<br /> AppMCatlon ot Net Proceeds. If a1I a any part of the Propwty k condemn�d by�mtnont dom�In proaaWnps a by any procMdnp or
<br /> � purchts�In IMu of condemnatfon,Lender mny at f1s election requln thet aM or any padon of tM nM procMds of th��wud b��DD��o th�
<br /> Ind�btodn�ss a t►H mPa�r or restoraUon of Ihe Property. Yhe net procesds ot tM awud sh�N mMn tM awud�1tK p�ym�nl of�n�soMbN
<br /> cpsts,�xpense�,end allomeys'tess Incurred by Truste�cx Lendsr In conneCtlon wHh the cond�mNdon.
<br /> - PrpeNdnpt. tf any proceedinp In condemnaHon b Illed,Tnnior ah�N prompty notlty��nda In w�itl�►p �nd Tn.xta tPW{NObm�p���
<br /> atps u mey b�r�.wssary to detand tAS�cdon end obtaln the awud. Trustor moY b�tM noml^�pury U tuch qr�q, _.
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