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<br /> �4,�:�. 1. payrnesrt�. Horrowaz a�eas to make etl paymsrtt�o�th9 cst;�red dsbt when duo. tJnlesa Bonower and lender agree otherwise. any � �,'`�
<br /> � paymQMS Lender receives irorA Borrower ar tor 8orcaa�ea'a beste�t w�Da�d fr8t to etry omounta 8onower owes on the secured debt �' �
<br /> �� - exdusive o1&rteresc ar prisuapat sewnd m interes�aA0 ther to prieaQat-[t Oe�ltil prepaytnent ot the aewred deDt occwa tos any�eason.it wiU
<br /> ' nnt redues or eswse any sched�Wed payment untit tAe eeeured d�t t��t:d In tu1G . •
<br /> ~ 2.tXatms Agaitat Titis.Barmwer will pay all taues,esaessmertts.eM atRar eharpas attrib#stebto to tf+sproporty when due an0 will detend tiNe '
<br /> �-F� w tlfe propertY agatnst any at�3ms wAiah vmuld impab the lian of tAts dQad Of ftu8t,laadar mgV roqulro Bonovre�r m a&sign afir n9hts,daims or � � _
<br /> • detenses whieh Barrowar may have against part�ea who eupptylaDcr or matarlats to 1mp►ovo or malntatn the properry. ., ,-�,;, ° „
<br /> • ' _ � =�:��� 3,tn.wranea Bortower v�nU keep ths property insured unQor terms eaceptehte to tandar at Barrowm'e eaponse anQ foi:"l:ender's beneirt.Ail � � ��
<br /> �� - insuranee potieies shall inelude a stendard martgas,e dauss in tawt ot tetndot.LendOt wdf 6o n6mGd as tosa Dayee ar ss tha insured on arry sueh ,
<br /> . � insurance Doliay.Aoy insutence proeeeds m$y tre eR�fied.within Lan�SoPS Qiscrotien.ta o�thor tRo teat0►etion or tepalr af tfiR damaged properiy � .
<br /> � or to the secured debt It Lertder requires mcr[3�qe insuranoe.8orrawat agreos to malntam encA insuranco for ae tortg as Lertder�equires. ,
<br /> .:,;�',=� 4.Ampe:ty.Bortower w+tt(eeep Uie property in gcad eanditfon artd mato a0 ropelr9 roesanokly nocassary. --_ ___�- __._:
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<br /> �'��. 5.Expensea Bnrrnwer e�ees to pay atI tender's e�cpenses.inet�ding roasonab9o.attomaqa'fetas.rf 8onowar bre$ks ae�y eove�wnts�i►�tlus daed — _
<br /> .� ' ,��, ot trust or ia ang obtigation secured by this deed of t►ust.Bortow9�wilt paY thoso emount0 to landor ea providad in Covanant 3 ot sJns deed ot -
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<br /> 1,?�,� k'� 6.pdor Saaaity Q�aresb.UNesa Bartower fust o�tains Lertdefa�vritten wnaert.Bonowo►wfll not me@o m permii any changes`�c atiy P►1ar �` : r •:
<br /> r �urit�E iROaresta. Boaower uuitt per[orm aU at Bartawet's oblfp,ationa under QnV prlor mortpago, dood ot trust or other searity agseement, �,�`.
<br /> ' _ .���� :�; r mclud;ng Bonowe�a wvenants ta meka payrtents wtten d�se. �`•�c's•� ��•�
<br /> � Asstgcartert o4 RarQS and VoofttR.Barrower asslgns ta Lendea tAa centa and praflto at tfie proporty.U�oes Bortower and Lender have agreed ,c `��
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<br /> _� �, ;..et�eav�se m vvr�ng,Borrow�mav caIIect artd rerdin ths rents aa WrtS as eorrower�a not+�detautt. If Bonower defautts,Lender,Lendefs _
<br /> �r ; �a�;�z;g courf appointed ree�aivar ma take Oossessim+artd manegQ the DroPettY and co��eet!he renta.Any rents lender catlacts ahatl be �� �
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<br /> ��f�� ?� ' apPlIcsd fltse te tt�e casta af managing the proaeRY, inetudir.g eo�vt eauts and attomeys' (ues, eommisslone to rnntN agents.and eny other �°-
<br /> �r,,� ��g,qpi�t retated expet156s.The reme�ning ert[auttt at�ent8 wiU then epg1Y to DeYmetns on the saeurod dobl aa provideA in Covenant t. :_
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<br /> � '���`�r.R� g;lease�ioids;Condcminiums:Ptmuted Unit CeveTaprisertb.8crtaweregreea w compty wttrt tbe{Nav�slona ot any taase if tAis Qeed af mist is on ... � .-:
<br /> ` r `'x a(�sehold.ff this deed of Vust is on a unft ia a condommiurt Cr 8 p7anna4 uNt dovolopment,Bonower witl potfarm atl ot Borrowera duties c� ,
<br /> � . 'under the eavemams.by-Iaws,or regutat3ans ot the candomi�ium c�pWr.nee wiii dovetopma�t. ` � •� �—-"
<br /> � ' � 9�Au�arity of Lender to Pertmn+tar Barrparar.tf L'orrawer faita to aertartn er�y ot QorrowaYs dudoa yndao thls dood ot truat, i.ertQ�may �S�
<br /> � �.: �; .pedorns tt�e derties or cause.tl+em to Oe Der:o►me�.I.ender may sign @anouue�e rtame or�V bny ertl0utri It noC8888ry fot peltotm8nC9.1f etry r,
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<br /> . �,�°sx °�� •epnsMte�en cn the yroperty is diseontinued a►nat cartted on in e caasanabte manner,Ler�der may do tKhatavor(s nsceseery to proteet lender's� E :
<br /> �� `�� �securtty.inie�ast in the property.This may indade Compteting the Ca�raVucUan. ' £ �- r
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<br /> � lenders faifiire to perform w�not preetude Lender iram exorclsing eny ot its other�igMs under tho faw or tht9 Qead ot Oust. i �• � ,
<br /> '� AnV amourts daid by Leoder to protect lendere securlill interest wilt Ee sewred by thls dead o!tn�st.SucA emaunts Wltt bo due on demsr�d'- �� ' s�—��--J
<br /> '�';� and will bear imerest from the date of the paymeM until pald irt fu�t at the interast rete in oHect on the secured dflDt. ?; ; ' .
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<br /> ' � ' 10.Cefaudt and AeceteraBan. If Bartaavsr fai�s to make any paymerK whsn due ar tueaka any aovenente undot tNe Qead ot ttust or any �� i l
<br /> �-�,�� obligatioo seared by this deed of trust ar sny ptior mortgege or Qeed of Vust,lendet may acceterete tAe matuHty of tho secured debt aed ��• ��c•
<br /> ' ' " Qemand tmmediate paymertt and may oivake ttre power ot sale and eny ather remedies permltted by applieable law. ;��::�. - • �=�-"�
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<br /> ' � ., 41.Re�est for Notks of Oefault.It is hereby requested that eoplea ot tha aotieoa of Q�fauh and eals Ce Qent to eacA pnrson who is o pany ;�,`.,. ,;:, ,.���_
<br /> ' Naieto,at the address ot each sucA person,as set Mrth heretn. _
<br /> : y:�� t2,Power qf Sale.tf the Lender invokes the power o1 sate,the Trpstea snatl flrst record 1n the oNtce of M0 rogtatot ot daode o!each eounty
<br /> • wherein Uke�at property or some part or parcet thereof Is sftuated a nntice ot Qe autt contelnlng th0 intormatlan tequueA by law.Tha Trustee � �
<br /> snaN af:�c+�enai/'c�pEes of the rroNee of detautt w tho Barrower,co eact�pereon is e parry hereto. and to othar poraona ae ptesai6ed bY .
<br /> �� "+4 ��� applicahte ravy'1Vot•less thar►one month atter the T�ustee rerArda the notice of default o►two montha H the Uuat p►oDetty is not tn arry .u-�� -
<br /> �'�:',:;;:'�1 �'�,��shi�. : incarpora�aLSe�y 9r viltage and is used in fertnirtg operations carded on by tfie trustor,the'�rustee shatl g6�o puDtie rtotiCO nt eaia to th0 par5ans ^'-`
<br />_� . , �-�';.. and in tAe:maciner presqi6ad 6y appplieable taw.Tn�stae.without demand on,Borrower,shall sell thq proporty et publie auctfon ro tho hlghsst Y�-,:,,; :��
<br /> � •; blddet.(f re�uixgs�txY thg Fatm liomestesd Protact3cv Act,Trustee ahall offer t�a prcperty In two eeparete eataa ae roqutrod by apDlicabto law. , �, ,�e5,:=
<br /> �:�r Trustee may{iosqiane&atg of elt or eny percet af the property by pubtia announcement at th0 timo end ptaCO of eny prevlou6ly 6Chedulo0 eale. __
<br /> Lender ar i�designee may purchese the propetty at any aete. `� �rk�.,�Flf°a`
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<br /> "'-�---�— -'�'-�, Upon reeelp�oi payment of the prtce Dld',.ltusnae shaH Qeihrer to ttre purchaser Trustea'a Qeed eonvoviaa Mo propmty.7h0 rocitiats contalnad in '.4'�.�"`
<br /> Trustee's d9ed 8itall 6e prtma 4ac�a avidtence of the uutb of the statementa canta(ned thereln.Truatee efiall epDN�ho praso0do ot thn 6818 M the r�� _...
<br /> • following order: (a) to aD expenses at tho sate, inctuding, but not I�mited to, reasonsht9 TrueteQ s tao9. raason�Dto attarnoy'9 taoe anA
<br /> '' :��:�'%- reinstatement fees;tbf to afi sums eeeured by thls deed of trust.and(c)the balaneo,if any,to the persona legalty oMltlod to roeo►uo it. ,"•��. '���-
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<br /> • t3.Foreetosure.At Lender's option,this deed of trusf may be forectosed in the mannet proWCo by appflcatrto taw far fofoefosu�o oi murtQapo9 ;.- _
<br /> • � ' on rea1 property , .�: '`'°.�
<br /> ",`f: 14,(r�speottaa.Lender may enter Me property to inspeet it i}Lender glves Bonowec notice baforohend.Tho notlCO muat etato Iho toasonabto � ,�
<br /> . .. �t ti ;;.,, cause for EenAflrs inspecdon. ,��k;�l` ,.
<br />' , ° +�"�{x�f• ,; 15,Coq��on,Bonower assl ns to Lender theproceeds ot any award or ctaim tor Cemagea cannoctod wltA a condamnatlon or othar taking � � .:
<br /> - of afl or ariy�pasz of ahq�sroparty.�uch proeeeQa will be apptied as provlded in Covenant 1.Thls asalgnmom ia aubjact to tho tarma of erry prior E ,.,�,�.
<br /> , - . . :,•-, secUrlty 8�e@;taZ. "��'%r�=i"�
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<br /> ' �. •;;':; 16.Wetrsr.8v.e��i�.any remedv evailabte to LenQer.lenQer daes not glve u�any rlghta to lator uso an othar romcdy.BV nnt o=ercising
<br /> , : • .� ; arry remedy nraa Bs:ra+;ue�'s Qefauk,lender does not walve any right to later cons Qe►the ovent a dofautt it it Kappono adatn. < ��
<br /> � 17.Jaint�ud-Savar�!L"uml�ty:Co�ctgnen; Suceesaors anA Aaalpns BounQ. All duties under thls Qeed of ttust e►o�otnt an0 eovOrol. Any � _
<br /> ' 8orrower who eo-s"r�thi�deed ot wat but doea not eo-sign the uada tng Eeht inauumentta)doas eo onry to pront on0 eonvoy thal �
<br /> Borrowet's•bKerest in th�qsmperty to the Troste9 under the terma oi this dee�of ttuat.In addition,suefl a Barrower anroos thet tha Londor And „ , :
<br /> - � � � any other Bonowe►under thls deed of vust may exte�,moditv or make eny other ehan9ea In tho tarme of tNa Qood o!t►uat or the eoturCA _ �:��!•__:
<br /> • Qebt without that BorrowePs consem and wlthou!�eteasing that Borcowei from the terms of thfa deed of trust. � � �"�y
<br /> - , � The du!�as and benetita o!thls deed of wst sha0 bind and benaflt ihe successots and assigna of Lende►and Botrowor. ' � S;.`.s�`
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<br /> � � . '�'fi'��.:�` �? 18.Natti�UFlIQSS otherwise�equlted by taw,any notice ta Borrowor sftull btl Blaen Cy Qetiverfng h cr by mafling it by cotdtlod mell odQtobeod to .
<br />'t=.�= r'i'f"•.;?;:r'�'•' Borroaaer ar tha propeny addresa or anv other adQresa that 8onowor hao glvon ta LenGe►.Bonowar witl givo anY notice to lendu bV eeHili�d _ _ __._�
<br /> r` � �:{:, :: mail to I.qnrl�u's edrnesa on page 1 of this deed ot uust,or to any other addtasa whieh Lender haa destpnato0.any othor amice[o i�ortdor ahafi --- ��,�.
<br /> ," ` . .'� be sent to Lendere address as stated on page 1 of thta deed ot mist. •
<br /> �• � _;. Any notice st�a0 Ee deemed to heve been ghren to Bonower ar Lender when givQn In the manner stated abovo. � •� '
<br /> 1,��,'S„; .; 19.Yr�ms4ui�a!ths PrupertY or e Beneflclal Mtaroat In the Borrowe►.It aIl or anµpeR of the propetty or any intareat In H la eotd or demtonod � �,`.
<br /> �t:'�� '� �� whho�tt Lenders rior writton consent. Lertder may demand immediate paVment at the eocurod debt.Londoi moy 0190 0dman0 Imfnpctl8to •
<br /> . ����i j;��;t;�� ,'( paymeati i#!ha Boprr�wel ie not a natutal parson and a beneflciel intereat in the Banower Ip sold o►VenBterre4. Mowever, lander meV not , ,
<br /> ',ti 1�f _•..: S Qa�+anQ pe+imanl r.�5he�DOVe sdutuione i!it ie prohibfted 6y fedotal 18w eB of tfie det0 Of thle QeOd of t/ust. . , ; _
<br /> . ' ;. �,Raaee�r,�rx,When!h6 obligation sec•.rred by thia dCed of ttuet haa been peld and londer has no tu►thor obllpation to mako eclvencoe
<br /> : ueder tl�e ir�rumanta cu ag�eemeMS saano0 by this deed of truat,the Trustee shal(upon wrltten requast by t ho lon QOr,roconvoy t�o true t � . :
<br />= . . �� � obt�gatnion,&saUsttedsBor�iowereshall pay anV ec�crdaSan coats er's auecessar in interest,tho truat deed and th0 not0 or otho►ovldantq of tAo . .
<br />- ''���" . 21.Successe►Trtste���, ae lender'a o tion,maV remove Trustee and appolnt o suecossor truatae by flrst,me�tinp e caPY of tho •
<br /> � ����5�� substitution o!trustlae e b Dy appticable Paw,and tnon,by(iMg the subaUtutlon ot truatea(ar roeord in tho otllc8 ot tho raplatar o)Qoods • •
<br /> • of eeeh county in whlch the truat property,or some part theroof,ie eituatod.The succossor t►ustee.wlthaut eonvoyanco af tho pra0arty,6holl , ,
<br /> ' • suceee0 to ait the power,dudes,authority and title of the Trustee named io the Qeod o!vust end of any succassar trustao. � '
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