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<br /> _' Q�-d�-19�8 DEED O�YRl1ST Paga 4 ..�,.,',. .
<br /> : Lo�►No 76128t ������5 (Conilnue�) • _ ;t��. .
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<br />` .. . . damaged ar destroyed tmpra�remen�in&maerier sats,�sciory to len�et. �ettder st�1,t�on Sa1�aGtaY Proat El such e�endihtre.DaY a � .
<br /> � � �,�# reimpur5g Trttstor frpm N8 proo28Qs!or tAe reason8b�cosl ot ceAaQ or reStorBhon d Tntstor i�nat in de�utt unde►this Oeed ot TntsR Arry
<br /> .. . ` , � proeeeds whFct►hava nol6ean d�sbursad wiWn 180 Qays eR�EheU reeeiRt and whiCh LenCez Aas not commilted to the r�rav or�tora�on ef � � �'.: _ .`;?.
<br /> tt►e Ptopedyl ShaD 6e use0 fust to pay any emount owtng tn Lender under this�eed of Trust.then io pay avaved tMecesf,an0 ths cemainder,� .;,
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<br /> , . � � aaY.SAall be appGe�to the Prfrtt�lPal08�8nCe of tAe MQebtedt�s. If Lsnder holds 8rty Proceeds eRer paYment in fiN ot lhe IndeDteQness.Sue�h _ ._ Y;,,�<•;.,..
<br /> .�-.; proCeeds shail De paid to Tn�slor es Tn�st�s inte�ests maY aPDeai• --,.;``.���,
<br /> � ' . - -• �� thtexpired tnsuranee at Sal� My urex�3res tasurance shaD inure to the 6enefit af.and Pass tq th9 PurChsser ot th9 PtcD�Y covered Oy tNS .;,•.•''�:'
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<br /> ; � Q89d O!Tnst flf enY ht�te9s 5819 Ot olhet 58�9 heid und�ftte Drov151ons of t�IS Oeed Of Ttust.0/et eny tmedaSUre 58?9 of sueh Ptopettyt. .., , . ,
<br /> . .# Trustor'e Re�oR on Insutmtce.tJpon ratit�ssl ot Lendar.however not mc�tt�an o�roe a year.Trustor shaU tumish to LenQer a repcA on each `,�4., �
<br /> ex�tit�O poGay oi tnsurance shawiag- (a)tt:e nama of the tnsurer. (b)the tisks ins�ued: (c)the amount o!ihe poGCy; (d)the properry Irstued, `
<br /> Red;
<br /> _._�:r";" -..� fhe Uien wrtent rePtaeement value of such OroOertY.and tAe manr�xr af asterminin9 that value:and (s)the expira�on date of the pcfcy. '._.. :_L;._�-r__-'
<br /> . Tnatar sha9.upon req�t af Lender,have an independeni appra5�satistattay to Lender determiaa the cash vatus repiaoemant cast of tl�e
<br /> . � ` ProAestY• �. �
<br /> • � ' ` pIPfNDRtiRES BY LFNDER lt Tn�tor fai►s to eanpty wiU�a►ry prov�on at ttds Oeed o}Tnat,er it any ac�on or prooeading fs commenoed tliat - : ..
<br />: • rroutd matetiaiy�Iect L9ndefg interesls in the PropeKy.Lender on Trustors beflalf may.Eut shali rrot be requtred to,taks any ection that Lender . •
<br /> • =� deems aFFrnpriata.Any amowt tha!LenQer expsnd,In so doing w�l Qear interest at the rate provided for in the Note irom ttes date tncnrred or paid -"'�-::ti.;:,��<:;...
<br /> ;i by Lender to tlia datB of repayment by Tngtor. Ap such e�enses,at Lendefs optioe.w�71 (e)6e payabSe on demand,(b)6a added to tha bslanes , ��,�a
<br /> -� ; o!th9 lYata end bs appottioned arnang and Ea payab:e with any instaHment paymenb to becortte du9 durirtg eiih� [}the term of enY ePPSCaDte �:t ,�r4�-
<br /> " .�:�'. h�sivance PQ►kY or(�the cemainfng term o1 tna Note.ar (c)ha freated as a baUOOn palmlert which wifl Ge due artd payaDfe at the Note's mat�uny. �y;;.::::'_,°:; ;±;°*--
<br /> r.��'; ��-+,'Ats Q880 0}Ttust eISO Hn7 s2CWe PeY(�enl ot th8588mGttntS. ih9 rtghiS provlQ80 tOr irt tAis pe[8grapA sh81!tr9 frt sdf5tloa ta
<br /> etry other r1gMS Or enY �,, , �h.
<br /> ;.:y:� ;,,;: .;emedi�to vthteb Lend�may Oe entitled on aocoucd of ffie dstaWt Mg sucA actian Dy�Lender shall not be construed as cucing the deisiilt so as to , :. .,.
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<br /> , � ,. : r,� :_bar Lander trom eiryremadK ti�et d othenivtse woutd haira hsd. . . r s a� ;
<br /> : �' ";i�i',;,��` • was�eutt�r;n�se o�mt�.Tns ro¢a+r,tr�e ara�a��aune to awn�sn�o�tne�s►ry��e a�arc ae vas Qe�c��st ' �, t
<br /> � , r��i i.��J Ti�e. TNStCt werrbtrds Utet fa}Tcnsf�fto(d4 gQOd efi�matketat[s tifta of recmd Lo Vtet�hc iat f�simA{e.h8a 8c�d dear ot a(1 tiens and
<br /> , ,t , ��. ' , eneumbrances ofhecff�those set tortc�in tRe Reat Frapeify deseriPti�ar►ar in anyr bato�uanes v�`��tepo+4 ar�4Ue ePinion issuad in . ` __
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<br /> ->: ravar ot.and e�tsyS,�Qer tm m�necRion vdNo tjil,`�Deed oE Tnuk and N3 Tru�r i��Ym hi4 m��:Opws*.and e�+hority to wcecule and �
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<br /> ;,� deQvetttUsQe�'afT�r�:�(afrender. .. . � . � :. ` •,r i��
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<br /> {Y � Dete�art�.t'I��i�t�+�fif�o the exoeptton in the g��'i:abave..Ta�r wartars�.(�l}v�eves d6femt the f�e,'r.nl�ra F�apertyt ag2inst the :t _
<br /> � ��; �awn�-�tran�;�•,i��.e,�s. tn iha event amr acSaa�s�rrccee�"C�cr.�amenoa�1'+�t:'��ans tr�csscrs�ue m-�+M�r�c��se ar
<br /> -^ ,��, ,�,�.•, Lsndaa�rdm�t�. ,��,6t af Trusf.Trustor shall defend th�actiCn a+T'�erts9.r��t3s qrdr.Q�1la'a.�mh�al par!y in such Pta��,but ' „�„�-
<br /> i 1� , ��$�'�, Lgttdet��`¢e�to partidpate in the Proceadirt8 and ta ics!�nted i��lr�rr�e�5.�+�.�;��sasei'of L�Qe�'S P+�C�'r�,and _.
<br /> �� �. �r ,:'`. TnaMr�tt�+�ef�r�9r�+�:!cftYSa to De Qefivared.to lender such instrume?.��s Lender�,��t trois:f�r t�Ums taS��.such parti�n. `: .�.x_
<br /> t'' CompU�neC Wftdt ftbo7�, Trustar wdrtar►�that the PtopeRy and Tn�stors use�'.��Froperh►co�PGes with a��eia�si9 gDPIIca6ta laws, '`.-�`"US,�
<br /> ,� , ordnarross.end rey��'iapsot govemmentel authanlies. , ,� . . `.,:k..��i
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<br /> ' �f � COtipEtPIlqd�IOH.The taRowtng proHstons retatlng to condemna�on prgc�r�gs are a paA ot this Oead nf�nisf. •
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<br /> F�:5 fy�.. :: App�nn ot Net ProceeQs. It a0 or any paA of the Property��arr.demned by emtnerrt doma4,9�.rocee�ngs or by any procee�irtg ar �� : i;
<br /> , �. • p�nrchase in Geu of condemnatfon,Lender may at Hs e!scHOn requtr��;�3xi0 or any pation oE the n�;y�,r..c�e�ol tha eward be appGed to ttre •• --
<br /> ;�� indehtedness or tha repah ot�estoraBOn of the P�g�,'�_,?Ae net p�af the awaM sha0 mean��a�rard after.gayment ot etl reasonabTe �y �� _
<br /> , , ,���i . . . costs.e�er�ses�andattomsy�feesincurteAbyTn�'�trQartea�rtectionwfff�thewndemna}icn. ,, •.: ., ' � � -
<br /> s t`f�,,;,�,,� Q�'A,�. If anyr procee�ing fa condemnaUan�S(fl�'R-,�x`sit�Oramptry notiry Lender in writic�,�Tc�i��P*�mpGy�ke such • y =
<br /> � ,�.,tt•l�,;.,d� �� 5t�s�iPjay 6a nec�saryto defartd�actlon andaU:am tAa�r�m:di.��.�nistor may 6e the nominal pa�t;��szcX�ng.but t.a�er shaU -_
<br /> <:Vj�� � � tte�drftitbd:to paAldpate In ths prooe�f�;g and to be rep�eserde�f�:U�a proceeding by counsei ol.i��.��rata�,.a?Q�nAtq��w�7t,�'J�ver or ,{,
<br /> _;,�;}�' ,� . cause'$tYe da!'ivmiad in Lendsr such Instrufients�may Oa requestgd tiy it tcom timeto�me to per.r�a�4'�t:�tta�s.. . 's: : _
<br /> —. - -- fl 'r', . .•IMPQSiTtON OF T �8 AND CHAR(iE3 BY GC1.'E3iNMFMAL AUiFIOAiTIES.The to{towing'�^a's+sts�t�'t�1z govemmerdet taxes. ` , -�
<br /> .='fsasendchargesatee�..#r�tt�Oeed ofTnu� • • � � � , > _ . � —
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<br /> - Curtent Tame9,F�6�eC Chagas.Upon requsst tiq Lender,Trustor Sha!!exscute s�+3tecu,r.er�g Vr!'�tian ta�ilui���eed o}Tnat and tako _f ` ��
<br /> .. : � > whatetiet otAet actlon is�eqtcasteA�y lonQer to perfect and contlnua Lender'e�en on the Real Pt�,�: F�or 57iali refmburse Lender tor all • � ��`�
<br /> . ? �- taxes.es desenbeA hetov�,togather with att e�erues Incurted In�ecardMg,perfec6ng er cotdir��ar,t�t d�s_�Jeed of Tnut,indud'ing witAOUI _ --
<br /> . .. Umilatfon aD t�.fess„documsMary stamps.a+zd other charges for recording or regtstedrtg thts Oee�r,{t?svsL � ' -
<br /> .. •• >�.�;. Tmtee. Tha toqawMg shell corutitutataxes to wh6�f:1l�3s sec8on eppaes: (a)a speCifla ta7t upon thfs type Of Oee�3T(i Ttusi ar upon aA or any ` �.. —_
<br /> . � . , paA oi the tndebtedness secure0 by Ws Oeed ot.�, (bI a Speciflo tau on Tnistor whict�Tnrstor is 8uthorize�itr��Quhed to deduct hom �"'�"g-`.
<br /> � • '� ; paymarlb on the(ndebte4ness sec�ued by tNS type'a9 Deed of Tnts� (a)a�on tAis type af Oeed ot Trust chergeaiDi�againsl the Lender ar ,
<br /> � � !he hdii�t ot ths Nots;en0 t�a SDa�fte tex on all or any poNOn af the fndeCtedness or on payments o!prUxipa�and tntecest made by , .
<br /> . T� _—.
<br /> . ' S�sequent T�ta7. If arry t�[to wNCA ih(s secUon epp�es ls enacte0 subsequent to the date o}thts OeeO of Tnul.thls eveM shafl have the `•: �,
<br /> . Same eft0d es an Event ot Ceta�t(�defrned betow),and lsnder may exerdse any ar aU of tt9 avai►abte remedes dos gn EWM of Defatdt es '- °-
<br /> ' � •• praNdeA be(ow uNess Trustor eiiher(a)pays iAe tax befare II becomes deiinquerrt.or(b)cor�ests the tax as proNded above in the Taza��nd ` •: .'�:'
<br /> Llena section and deposib wlth lendaz casA o►e sufRciec�carporate surety bond or other securily saUStactory to Lender. . ' � .: :��:.;
<br /> .• � . � � � ` SFqJR1iV AflREE14�iT;F(HAI�LCiN6 STAT�fTS.11►a foQowing provlslons relaUng b this Qeed of Tnist as a securlry agreement are e parl of �'- '
<br /> .. ';'•'t•� , ' ftils CeeA of TtusL - - ,--�•`��:��-
<br /> 't� '�i:,..•," ' .
<br />_ ;�F��;yY��..'i� 3=aulty Agreemen� TNs instrument shall canstitute a securfty agreemeM to tP�9 e�ReM any oi 1he.Pro � .� _ -
<br /> pBAy COfIStitUt9S fudUf05 6f OtllBf
<br /> • persor�al property,arzA Lend�r shell have eU o!the dghts of a 5ecured party under ma Unitorm Commetdaf Co�i ms amended from Ume to
<br />.=i". . - , -..-::W�; Seeurity tntmeat. lfpan roquesl bY�ende.Tnrstor st�ell execute flnenctng sffitements and take whatever Otaer atltry�x:�s requosted bY�der : _ _
<br /> to pertect and comtnue tsnQe�'s seamdy interest In the Henb antl Persanaf Propeny. In aa�iuon ta recmdusg rtus Deed af Tnist�n the real _
<br />- " propetty recoMs.LenQer may.at any Uma and wtthout f�trther aufhacimUon irom Trustor.fite executed aounlerpmrts,Copies or reprodu�tlons ot . :
<br /> . � . W9 Depd of Tnst as e Ar�artcing sfatement Trustor she11 reimhurse lsnder tor aU e�e�incurred tn pertectlng ar con8nuing this sec�a(ty � ._
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