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<br /> :-'.�77'�
<br /> ���ryq.����{��'�� COVENANT�
<br />�r,��)"°YJ�
<br /> ' '� b. Borrow�r �pne� to m�k�all p�yment� e�i b�nefit wIY hibi p�pItid ttrit to nY��n��w����i�M��o��a�d b� .
<br /> �y piymsn t i ML�n dsr nca l v s s i r o m B o r r o w e o r f o r B o r r o w .,r,_.
<br /> u.�{i.• '� not ridi,ce orixcuii��ny ichidutid pa msnttuntil the�s u�id d,bt�i pib in t u I��p�e p e y m e n t o}t h e t s c u r a d d e b t
<br /> � '-• �� �y�P�y y N��r w �� s m�n t�. ��d o t M►c h�r p a a tt r i b u t�b b t o tM p ro p srcY when dw�nd wfil d�f�nd tltN _�
<br /> Z,pdnu Ayrr►�t �� �� ���n of thl�d�M of truat.U n dn m�Y nQu l r�B o r r o w s r t o���b���Y r l p h t�,c l�lm�o r
<br /> to the property•�pd �t a y cl�lmi�hk .WbNld �PP�y����p�m�tedd�to improv�or maintdn tM ProP�nY�
<br /> ,�fi� ;:� 1 da fmq�w h i c h 8 o t w��n K����i Wrt M 1�� ---
<br /> .."', . � 3.Insunna�.Borrowsr'wlll'liebp'tlib propiRyln�C' n d�r t�rm��c G p t a b l�t o L�nd�r�t Borrow��'s�xp�nw a n d for L�n d�r's W M f l t. A l l -.-
<br />- �_rfi.r L.
<br /> iniurinci po�loy.A Y����urincs�oceed�mi yn b���pp����W�thIn�IAn dor�'ad d iscra t�on�t o��e lbh e i t h e�r,i t o r�t l o n�o r ri p�l�of ths damipid propirty
<br /> '"`"`•�" � or to ths secur�d d�bt.It Lend�r nquirn martpap�insunnce,Borraw�r+pr�u to m�iMdn wch Inwnnc�tor a�lony�e Landor rcqu lroa �
<br /> -=-' 4,propKty.Borrower will keep the property In pood condition end m�ke�II np�irs nnomWy rna�tn►y. _
<br /> 5,Eup�nt�s.Borrower�pnes to p�Y ali Lender's expenass Includirp n�tornbte attorneys'4ers,if Borrower bn�k�any covsnants In thls dnd
<br /> of trust or in tny oblip�tlon�ecured by this deed of t►ust. �orrower wtll pey these amounU to LeM�r si provlded In Cov�n�nt 9 of thls ds�d of
<br />_ � trutt.
<br /> 8.�ra Snterssta�Borro�r�wi��Ps►fo m all�oftBorroweri biigstloni under any prlor mortpape deed�of trust or�other securitytayresmentr _
<br /> secu ity
<br /> inciudiny Borrower's covenents to mak�paymenu whm due
<br /> :�.�Y 1•� .. 7then�iv se in writinp,�Bor�ow%o�aolle�aWt�nd rspsio the�rentstat IoM1 ai 8orrower fs notDinpdetault�If Bor6rowe�r dafaults�^La�ride��lender�'i
<br /> a and colleot the rents. Any rents Lender coilents shall be
<br />'``�� apent, or a caurt appointed receiver m�Y take possetaion�nd mmap�the property
<br />::'�;,,�,,;:'. ., applied flrat to the costa of mana0�na the propertY. �naluding court w�ts md attomeys' tees, comml�sions to rontal age�nts, md any other
<br /> �=.»;•��: �� n�c�ss�r1►nlatad sxpmsss.TFN nmaidn0 smount of ronU will tMn apply to paymonu on ths sacured dsbt ss provided!n Covenant 1.
<br /> - = .v�_ ��p�d u�p��iq,Bo�row�r �prees to comply with the provlaiont of�ny k�ts if thb d�sd of Vu�t Is on
<br />- - ��.,,�.�. e.I..n.hota.•conaomN+Mn++ __ _
<br /> ,� undar tM coviMnts,hy liwsuor repul�Moni ot theccon�dominium a Plimsd unit devsiopm�tnt. Borcow�r wltl p�rform�II ot Barower's dutNa
<br /> ';���";�r';Y
<br /> p orm�ncs.If�ny
<br /> •�',�+:�:;� 8.Autfw�ih of���t°P�O�^���ow�►.If Bor�ower fails to p�rtorm any of Borrower'a duti�s und�r this dsed of aust, Lsnder m�y
<br /> �;`�t��:�•. periorm the dtrtie�or causo�s discontlnued or not aerrled on in a reasonabk mannet,Lende�yn y do whptever ls�ne¢es�erypo Proteat Lender's
<br /> ' �� '� conatructan on the property
<br />�����'"%�;;:'�,' �ecurity loterest in the propeKY•This mey Include completing the consuue'tion.
<br /> ; ,,�•.
<br /> Lender's f�ilure to pertorm w�il not preclude Lander from exercisinp snY of Ita other rights undet the law ot thls deed o wst.
<br /> ���'���" Any amounu peid by Lender to protect Lender's aecurity IMerest win be �ecured by this deed of trust.Such�mounts witl he due on demand
<br />�;Y"�;,.�.
<br /> _ ' �, md w1t1 beK interest from the d�ts of the p�Y��t until pald in fuN et the intereat rate in effect on the aecured dc t.
<br /> ^`%'��!'— �p, p�Tault�nd AaeMKatlor►. �t eerrow�r fail�to make mY PeVf�� "'�h0^ due or breeks sny eovenants under thi� daed of trurt or anV
<br />-=3�;;1'.�� obllpstion ucund by thii deed ot trust or my pria mortyaye a deed of Vust.Lender m�y accelsnts the maturity of the secured debt And
<br /> � ' demand immedi�te payment and may Invoke tM Iwwer of aate and any other remedies�erm(tted by spM��ble law.
<br /> _ �','�
<br /> '��`-li�.- �!.��ywat ia Notle�ot D�f�• It I�heroby raquestod that copies of the notices of CafauR and sale be sent to each person who s a p
<br />-T,q�,a;;�':i�±— Mroto,at iM addrsu ot aah suoh parrua,ao zet lartri'xreln.
<br /> - '���-:���'; 12.Pow�r of R�M.If tM Under invokes the powsr ot ple,ths Trutus ahdl firot rocord in the ofifcs of the reytster of daeds of�ach county
<br /> � ���' � whsnin th�trua ixopsrtY o►soms pxt or p�rcel tMnof i:situ�ud t notla ot defauit contalnin0 th�intorm�tion nquk�d by law.Th�Truste�
<br /> s not in�ny
<br /> _=a-�'� �������I�w N�j��ih��tria rtw th iftsr the TBitee recads�ihhs r�iotfcs of hdefaukP o�two emonthi if thi uuc�t,W op�Hty i escxit»d by
<br /> cp� at Wio�uctbn to ttN hlpMst
<br /> --- --- incorporat�d city or villap��nd is ua�di�f�miw Trustii withoutddimand o^BonowirNihiil s II thi ao�Ifo�tic�of aN to p�sons
<br /> — — �nd tn th�manrn►pnscribed by��ppd rty
<br /> biddn.It rpuk�d bY th�F�rm Hom��tcad ProUation Act,Trust�e ��+IQ innounimsnt•t th��timi ipr�plici�of inyra�vb�uily ich�iidGUlid aN.
<br /> `— Tru�to m�y poaPOn�aN of�II or�ny pucd of tM propetlr by puOY
<br /> --° -- _ -- — L�nsiw or tts d�sipnes mW P�rcMs�th�prop�rtY�t�ny NN. Ths recitl�ls contdn�d In
<br /> U p o n r e c Np t o f p aYm� ent oi th�prfc�bid,Trusi�s shdl d�liv�r to the purch�tsr Truttee's dsad convsylnp the ptop�rtY.
<br /> Trust��'�d��d�h�p b�a�m�fk N��d N��o f t h�V u t h o i t h s�t s L n m�n t�cantdn�d therein.Trust��ahNl�pplY th�P►oc��ds of th�sde In th�
<br /> -- rNrbi�tit��iniitt�iNi�lb)to ill sumi iicuved Y this daduof�t uat,�ind Io1 M ib linco�f my,�to tM p�soni Iipatly intitlid to neiiw ylt,f e a and
<br /> �Z,Fo��ebwn.At L�nd�r's oDUo��this de�d of trust m�y b�toreebted In tM m�nner provide by�pp��c�bk�aw for torselosun of moripaQ�s
<br /> ���� on��d propenY.
<br /> �q, Lendsr may enter tM P��►tY to in�pect It If lendK pivei Borrow�r notic�beforohmd.TM notica must st�te tt»reasons
<br /> caua a Lende►'s Insp�atbn.
<br /> ---- 16.Cord�tlon.B�rrower autO uch pr�oeedi will be i�ppliedis prov ded in Coveni�at�7hisiasiynmsnt fit subjsat to tM terms o�Y P��a
<br /> of�II w any pxt of the proPertY. S
<br /> NCUf�LY�WN(Ilent. y
<br /> i Y �u��x�rrowePi ydefiuk,Lend��r bdoes not wilvs any ri9M to�it Qco^sPd°+r ihe sveni i�dMau iit li he tppent p�inY.�V�t sxereisinp
<br /> "•��S������= s����nd �ssip� 6a+nd',�1q1I dudes urx�r thia deed of trust are Joint �nd sevo►��• Any
<br /> Bortow�r who ca�fpn�this �d to�T�uitse u�ndser the ter�inps of�this deed of wstt In�dkion iuch i Borowe�eyreef�^that tF►i Lindir a�i►dt
<br /> BorrowK's int�ren in tfie ProP�Y f� n�
<br /> debt wi�thou�t that Borr�'s�co^M���d Wl��ut rslsiUnp thit Barower from tM termi of�thu deed o�u t thla deed of vust or the��curo
<br /> y�� Ths dutiq�nd b�nefit�of thii deed ot Vust shdl bind and benetit tM succsssors and assipns of LemJer and Bortower.
<br /> N � 1a.Notic�.Unieu otherwise requind by I�w,eny no2ice to Borrower shall be pfven by dsliverinp k or 6y maitinp it by certifled mafl addretsed to
<br /> ____ __ BorrowK�t tM proa�rtY addnsn o►�^y�oth�r addross that Borrowe hn Oiv�n to Lendn•Borrower wlil qive�ny notice to L�rM�r by artified
<br /> bi ien to Lender idid�as�iitat�d on p 9�� ��hts d�sd of UYuK her eddre:s whicfi Lender hes desipnst�d.Any other notice to Lend�r shai�
<br /> -^_ �� q�y notics�hdl be daemW to heve bo�n p{vm to Borrower or lender when p►ven In the menner steted ebove.
<br /> ..,.'��;.,,'":'�'# 78.Tramto uf 1M Ptop�rtY a���r���t��BO�DWK �f eA or any part of the propertv or�ny interott In It is soW or vensferced
<br /> -�.�:���i,� without Lend�r'�p►ior wntten cona�L Lendsr may demend Irs�mediate payment of the securod debt. Lender msy atso domand immediate
<br /> -"y1�'�"� dimanMdtp Y��t�^tM�b°v situ�itoni ff Iiis�proMb ied by foderil lew�•of the date of th�s d ed of pust�nsterred.However,Lendor msy not
<br /> �:=:;-!4��?r�Q?�� y
<br /> -_-__6,��`� � ZD Rkonw�e�, WMn ths obllpation secured by tN�deed of vust his been peid,end i.ender hes no furtMr obllpatlon to maks a wncos
<br /> �=-,:�..��y�• under tM7M�nderih,ll�eliver to tMcBo�ower hor to Bo roweri 6uccessor�in interostp ths uust deed endthe�note o other evidincs of the
<br /> ����� obi �tbn so uti�fl�d.Borruw�r sh�il pey any rocordatbn coatt.
<br /> ... ........hv firat. m�i1NIC a COPY ot the
<br /> ::�'�'�'`;�`�� = 21. Succ�stor TnistN• Lendsr, et Lender'� o tio�, msy romove����6ubstituilo�of trustee for recorC in the offiao of the iepietor ot tloeos
<br /> �'`��� aubstituNon of wstee as requked by epplicable Piw, and tha�,by Q
<br /> of e�ch county in wliich the trust property,or aome pert thereof.I�sitwted.The successor trustea,without conveysnco ot tho propertlr,sholl
<br /> a=;:��'_',t�. � euccead to dl the power,dutles,euthority snd title of tho Truttee n�med in the dned of trust end of any succmasor truatoe.
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