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<br /> Og-01-1998 DEED OF TftLlST Page 4 � f
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<br /> . . Loan Ne 76t350 ������ (Contlnueo� ,°�':° �;;:.,:`
<br /> � : ,� tlmB to tims ths CaHdfls ar�af I�tuanoe idlam sa�actoiY to Lende�tnctudn8 s6Puta6ons that aovaages wu�ut Ca caqoe�"sd ar �, "'
<br /> . . � . , dhNnt�hed withaut�least t�(iQ)d�yst prtar xfitten ttailae to Lend3r. Eaeh tnsuranoa por�y etso shaD indudeen enQa,semam provtdmg tnat
<br /> , �• � . ao In tavar at Lender w!U aot 0o Impaiced U an xa bY�]►e�f.omtsstan ar dstaufl o1 Twstar ar anyt ottaer person. Shaidd the Reai �.•:.e.°`•` �
<br /> .. , ,. �8�ea.�Tnbtor a�aes to�n and matrtfahid�F3 od tt�tnenos tar the�ald P�F�a1 h�ot Bt9 t�an,W to t�mexirr��un �` , " ' .,`,.
<br /> �,-----_—; ° ���58tund8rtReNeHacmlFtOOdlnsuranceFhrogram,oresoU�iseceRuhedbylender.andtots�aJr�laUisuN►insurar►eetortt�atstmat ��.� '„�`�_ _.:V.
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<br /> ,. Applkattae ot RroeeeQs Tnstor st+afl�omPUf►no�tY kentPer at arry toss or damag�t�ihe PeaP�Y• L8tId6i t11fly►i118k9 R1�0}01[OSS if TtlKtOt •,. •e
<br />'`�;�i�,�, .- � ta�to do so withtn C�Reen ttb7 days ot the easva�hr• YYhetAsr�rtot lendefs�itf►fs tmFa�e0.Lender maY.e�ifs ete�an,�ewive and remtn r' �r,..
<br /> ` � ' !he p��eny tr�sunanos and appry the praoee�ta Hie reduetlan af Ihe tndabtednoss.payment of any ten aflseting the Rrope�ty.or ths
<br /> restoraHOn and reP�a!the Proper[y. i!Lender efaeSs ta appry tl�e prooaeds to restora6on an��taTr.tnuWr shali�ePeU as reptace the ' ,�=�:
<br /> :- -�,�j-~>�,:c.::�;r;: S9t�48gad�d95UoyEd tsl�t�V3�f�(R g te3t��9t�oty to l.OttQ�K !,�sha4.t�Ots 5dtbl81C26ty PsOOT a!stxh 87�8�Qi�tB.P8Y� �=' '` �,---
<br /> _ _ retmbu�se Tnistor trom tt�prooeeQs Por the reasonaL`.a oost of repaM or�astoraUon if TnisMr is not in detaedt under 13US Deed of TNSt My ��`�-�;•�•;,r'�•
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<br /> prxeeds wt�ch ha�ra n�!been dsbursed wit�En 180 Bays a8er Ndr rao�yt and whfeh Lender has aot oommitted to tAe�epair or resteration ot � -
<br /> � �P+'nP�Y�aD Oo used&st to pay airy amourd m�tng to Lender under Ws Oeed of Tr�t.trten ta pay aoaued Ir�teres�and Ine remainder�if �.+= r „
<br /> lr;�.. enY.sReSl�a epp�ed to fhe prtndpat balarace of tt�tndeLtsd�ss. It Lender hoids mry proceeds efter paymen!N tu0 of the tndebiedness.sacA `' ,;-
<br /> .. ptowo�ShaD be patA to Tnistar as Tnsto�s t�ts mBYeAPea►• ! `'
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<br /> � - , '� IFneap[trs�6tStumtCe el SOTe.MY ttne�lted InsurenCe SheD inuca to the bene5t o�and pass to,the P��o!the PtayertY eov�ed by HJS Y.1;�;-:�`�'• ..�`,.�_:
<br /> �..� Qsed afTrtist st arry husteB's sate m�a8rer seta hetd und�tf�provislo�ot thb Oeed atTrust,ar at eay[orentasuca�te oi such PraAs�tY• ,`''.:���r-
<br /> TetmAoe'�t�go�4 ea Ur�uar+ce.Upon requast of LenQe►.Aowever not mme than o�a year.Trtistcr�ait fiuNStE ta tr�der a repoE on eac�► " �°���-
<br /> �S O�Y at UtsutBttoD sAovNn� (a)the�tn8 af flto in5uter. (D)tRe�ks i�ae� (a)tne amauM of the Po4�Y: (d}.ths propetly insured. +�S'� r,,�ar�r+xc
<br /> � ti�a ihen ctur��d raPfaarmard value o}such PraA�lG srtd the mann�r of deta�rtdrdnS that va[u�end (a)41ie myt�aSf�s date ot the policy. �' �j��_.�
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<br />• • .. .. . . �; 7rtntar�23.�an c�4�=at tc�s,Nave an It�depattderR appraTser s�cta�►to 6and�detertN�gts cash vslu��t cost af Ui9 :�`;�``;.�S�r;"=°—
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<br /> . ' • '.,;Y. h�4Yi�1RE8 BY LEHOBi. !f Tnistcr 4a�s ta comPtY aifA enY proY�ion of tt�Deed bt Tnist.c►i/a�o�.r�as�sg is commertced that ,, � -==_
<br /> ,� . ;,. +ero�6d mat�ria�l afted Lend�s irteresb tn Vs Prop�h,�O.c�►dar on Tntstor5 behalt may.but shaD rtat h�roqwli�md. ti�enY ac�on that Lender --_____
<br /> � �aPAmD��Yatrtaim19m1L8ttH�m�aadslnsadat�ywi06eat6rt¢testeliherateprovfdedtarl�etko3t��vtnt�radefeincurtedorpeid �
<br /> _ . by LenQer to ths Qaffi Of rc�aYtnent byTn�tor. AD sucA s�.at Lendefs cPUoo.wi11 (a)be paY�te un d�raa� 4=J.:I��added to ihe Datance ���-:
<br /> M tA8[�t�end be aPPm9orted stMng eitd 6e paya6te wM arry fnslailrrterd paymerRS ta 6eemne dite d�aing��► (,�ti�&�9e�m Of 8rry 9ppihxtbte .. W
<br /> � . . "•�.;'► Insuran�pday or (�B�e remaining term oi 9►a Nate.ar (�)be 6eated es a OsIIaan pay�rterR whicP�xr11 G�dSu�tncd Qa�ta4t;�at the Note�maMHy. _.:>'`�:.:- .`�--
<br /> TA:s Oeed aETcusi etso wiD secure paymeM M these amourds.The�gTds prm�Fdad tor tn UU.s paragrapP�sha�b��q•aCd�fron ta aay other dgtds ar arry '-.
<br /> ,;.;;,'�°;� wme�tov�tilch LenQar may 6a eMifled on axount af the defa�dL Asg/�¢e�Han Ey lender shaII rtQt�a�r�uea es�cin8 the defaWt so as to ; �.� ��
<br /> � . . Car Lender irom anyt rartredyt tnat H otherwise woWd tiave tiad. • . . : ;r:��-_
<br /> • - � '' WARWIN7Y;OEF@i..�c�iF�IiLE TAs toltovring provLs[on.s refaHng to awrt�oi flt�P¢�ete a pask�ihts 02e�aEtrnst '��.+�•y-
<br /> .. � ` TtH� Tautut Wen8ttt5 tti9t (e)hustot�otds good�RC rtl8tketa�ta�S ti!!tecct�9 At:f6�B fi�Cp6rty�r.if��pte.fl�ee 8rtd N88r Of e11 He�8nd ��'"` --
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<br /> . • ' . ' � �- enc�[mDran�es otnar 4Aan thase sst tont�tn tl�e Reat Propecty d�xi�6acs ar in any 5Bu srtstuance�r.v18:t�+r�pat,or fln�l U'ite opinton issued tn . r;,�.:r�,t���-
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<br /> ' . •� favor af.end acceAted bY.LenQer tn qonnedion w�A fhts Deed of Tru�trn� (b)Tn�stor has the t`uT c���rer.sad author(ty to execuEe and :';i�;::jrf'�`;
<br /> � • deliveE Ws 0eod of Tn�s!toLende►. • '• ., r s __ =-
<br /> � - � Qaftnss cf TiII� 3u4Iect to thB exoepxon tn tha p�r�h atrove.Tm�ar warrants and wfU foraver d�ts:t�!fhefft►o�xtlse A'oparty aga(nst ihe �'it�r{/i��t __
<br /> � � � `��'sj tawM�ot e��ris. In ihe evefd eny ac�Cn cr$�ceedn8 is canuueac�S�at quesHOns Tnstors 6BB�a Utaa f4tec�t ot Tn�tee or �;'f{._��:.,,;�_`m
<br /> , , ".��`: Lender under Ws Oeed of Tnisl.Tnstcr shaD defead t�a�s9on aiTn�5�er�Vc�ar may be the nominel�at�s�such proceeding,but � { �;,' --
<br /> . . ,r,� LenOer shaU 09 etUffied to parHdpata in ihe praoeed'urg and ta�e zep�serted��a;P�edin9 by courtsei ac I;raa�'s o���na �', ,�, , -..
<br /> .. ,;,,� Tivsterw0l deG�rer.a�r eause to be Eefivered.to Lender such trtstr+tc�rent��sir�ctder+�y ssquest irom�rt8 to tlme ta p��t�h, s r, �
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<br /> . r•�I�;� Ca�tps WIQ1 La�va Trusta wartants that the ProDeAN ar�d.Thm�ta'S use of the ProPeRY vam�L'9s wiU►rtl:�fag a�7�Rflrl�ws. rL��
<br /> �•�t.g; • ard�artt�s.8n0t�o�ofgOVemmenieletMo�tios. ,. • ' ,�r•��ea�auvx'�
<br /> `. -_`� OOHOEMNATICt�.Tha tapowir�g provtstons relaflrtg ta cons�mna9on proceedtngs ere a part oi tt�Oeed ot tnmL ` 4 �
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<br /> - Ap�SlCatWn Ot Nt!Pii��d9. if aIl Or anY Dar!af tAa Praperty�condemned by eminenl damain¢rocaa�4ngs or bY�Y P��'�9 a► �.,_;.t`,'�.�,.Ku
<br /> pur�tfase In Oeu ot conQemna�on,LenQer may st its elecUon requfre that e0 ar ar►y poNan af tAe na!praoeeds of tha awerd be app5ed to the •, •6�„<,,:__.__,_-.-
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<br /> ' fndabtaQrtess or ihs repaU or restora8on of the Properry. The net proceeQs ot fhe awaM shall mean ths award after payment ot aD roasonabie .� r� -
<br /> - , �= �.�enses,and attnmsy�fees incurte0 by Tiustee or Lertder in connectlon�itlf the condemna8ort. • ..
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<br />�i � . ,:`.4" Prae�tdln�s. If any proceed(ng in oondemnatlon ls 5fe0,Tn�tor ShaU promp6y nati LenQar(n wdtin etld TNSKO�St1811 Q[Ofll�tly 19ke SUCh ,, ' , a'R'��
<br /> .�•w � staps as tr�y be iaeoessary tv defend ihe actlon aM�antei�the awacd. Trttstor rt�ay p�e the aominai par y in surfi prooeedtng,but Lender sAsU . ;, .-� �.`
<br /> ' � .��.�s�:r; � be enti8ed to parBcipate tn tAe prooeeding artd to 0�represe�ed in tAe prooee�ng Dy counsel of its own chWoe.and Tnistor wID Qei�rar ar �•
<br /> •>�r"' � eause to De deGvered to Leader suet�tnstrumeMsas maybe req�es09dby it kom Hmg to dme to permit SacA paNcipaHon. , '. ',`,� �.
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<br /> � :_.:;,�;;;i .� IfI�SiT10fi QF TAXES,FEES AHD CHARtiES BY GOVERNlHFMAt Atdi'!(OARIES. Tha to0owing provWons retaHng to govemme�l�oe9. � �.�
<br /> ,.. .. . .�,:t.;� ; • tees en0 c�arges ere a part of tNs Oeed at Tn� . .. -
<br /> - � • ,`:�x y, ' C�mer►t Y�:a,Fees and t�aryes. lJpon requRSt by LenQer.Trustor sAaU exeeute suCfl documeM�s in add'itton to tNs D6eQ of Tnist 8nd take • �f ��;.:
<br /> ., �, • whatever othsr ac@an b requ�tad by Lender ta PeRect end cantim�Lendefa Qen on the Reet Property. Tn�sWr sha0 relmburse t.�nder tor e0 • .:.•,. ,,;,
<br /> , . " t�ce9.es dasamed betOw.t0�th�wff11 ep e�ens9s fnCUmed M recordfn9�podectla9 Or COtdMUitig tNis 008d Ot Tnist.it�chtQftlQ wifhOUl °= t -
<br /> � � ' IImttaUan a��es.te�.Qoeumer�rY stamps.and other cherges tor recormng or reg5te►ing this OeeO of Tn6t • ' << .
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<br /> -� - - � � ` T� Th e t o V Owin g shaA cons6hiGa lexes to NRdcb lhis secdon a p pAe� (e)a s peciflc te�c u pon tNS t y pe of 08ad o!Tr�st or n ell or a n y r �f ��r�i�`
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<br /> ,.:.� '. � .paR of the tnAebtaQness secured b�!h"s Osad of Trush (0)a spect5c tax on Trustcr�rt�ict�Trustar ts authm�ed or requtred b deduct erom �::�'}�� ,��+�f�c �f,.. :.
<br /> . . • �. F ,� .. paymerds on fhe tadeb.�Qn�s sactued by this type of deed of Tn� (o)e�e on thls type af OaeO ot T�ust cAargeabte agatnst the LenQsr or ,:��,t� �yl�e.•,
<br /> . . thg hotd�of th0�To'hL•8r�8 (�a SpeCiflo f8x o�e s�cu arry porBon ot the IndeblednQss m on paymonb of pdndp8t end inUerest made Dy ' �°'•'"�•
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<br /> - _ _ 8f@G.+�' $tiQrtt tRe8. �8ny t97t t0 wL[i�t Qfts 9'�tWt9r rt{qiAes b 8n8Ct00 8ub5e u3rrt NID 1'1t0 d8ta Of tN9 OeBd ot Trt1St.Ws 6v0�A S�18fl(18v0 th0 ��"!�'T•�.�..:-`-
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<br /> 'i' y . sams atrt�!es en EveM ot Oefa�dl(r�dt�80 G�'¢rv);a;af Ler�¢�v may exen�se eny�a0 01 tts availebie remeCies fa an Event of DetaWt as `<"��'� .�����1.•�
<br />- , .; x. pra�r`kd�aetow untass Trustar eithor (�1'p�Ys 4het4�tarrinro H beca�un:cf�Unquen�.�r�b�cantesis t�e tnx as provlded ebove In the 7e�a0s and "t`��;. �
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