|
.
<br /> .�� " ' . -
<br /> _..� _ _ . ��- -
<br /> ...._.. ..
<br /> - ---� .. _ . ..:.. .
<br /> .--� ------- - ..
<br /> . . -_ --_,r . ' �
<br /> �...
<br /> � . , __ .. '.
<br /> . << ; ,..5._ . _ _ . .
<br /> � ; , ` ::;:;;c:.` � . . __ ._._�. :
<br /> ... . � _
<br /> . ,c .�c: `�p.�Ep����; s .,
<br />. . .___- ' '. .�.��rwa.f t.....-.,.... .�. .._.C.:..Lt-�i'..'`. .-S�- 'j[')_'.'ria'.S- `t_t..e.`.T ._ .. t . ..�... >.T .... .... . .. _. . . ... _ .�'n`�`�`��� -..
<br /> .. . f� . _... .
<br /> � c . . . - . � ���. _ .
<br /> � � , g�- ��j��� °.;� � .„
<br /> �o�� ,�
<br /> �� 1.Fayma�. Bnrtowor aqsnea to mako at!poy�ama on.tAo aQcu�eA 4obi wnen ¢uo. Un;ess Borrowar and lenQer agree otherwise, any �
<br /> �i paymants tanda recetves Bqm Borrowar ar fat QMrqwer's henofit witi ho appilad litst to eny amounts Boerowsr owes on tpe searred debt , � .� �:,. `_;
<br /> - _ . csetu9wo o!mtatast ae prinNpel_aecan4 to IcRpr4lt,dhy.thfln.to pilneipel..If pnnial prepaymon!of tha seaued Qeht ataus far onV rea4on.it wii3 .
<br /> ; i not raduCO or�aeuso eny schedute4 paymont untd thtl�fca�+l4¢obt�s pa�A�n full..' , � �• � ��,�• `
<br />� � . . � � ..,,.�s�..r�a...«-.� �' , ° - _.
<br /> 2.CldirR9 Ag°�lit Tf py, �ff!�re�tq��ldY•C1i�lh+�3 0�►tt�.als¢:atfi9r ch�X�atttfiutf+4tp to theproparty when duo and wdl detetuf titte
<br /> to tAp propor.�y ag t e �1armS y��DfGaitfQaa�th G�n.ot th�,'Qt�xt.�t;t�utt�;�rn}�'.I��,y�:td�uire Bcnower to ass�gn eny righta,cla�ma or s;� - ..ti
<br /> � .. � dCtC�sns which 8orr we�����n�iL��,�t�tlti'}i�t.. .q�l.ldRlas aiipt4t�p��l��n.,rt4f4'Qti+RR�i�(441�'R�the property. . .�.
<br /> , '�• . �
<br /> ' 3,fnsuranrs. Barro e�'Rt��b�Mtu�f�un4�,t�f1t1�l�?t tRD!e io.LenQ&r at,8orrawar'e e�ense and tor lender's benufi�Ail
<br /> � ` ' � msuranee poiieies ahaU inetud9 e stenQard mo�aa�ga e�a,ut�iei ttnc,s.pt•li.�er.Lender wEU se named es tosa payea or as the insured o�a�y sucn • . • •
<br /> inanranee poiiey.My insurance procec�s maY 5a a�A'�•�fih+tl,tta!►�2t� discreNOn,to either the restaratron ar repau ot the damaged property
<br /> < �. �j m m th9 68cwed Qebt.tf LenQer tequ'aes mcrtgGgp tn8+sr8np�„8c�'r�Ky�f�a�ee9 to maintain such insurance foi as iong as leader requires. ' `� °•�
<br />' • ,fc.�.','� . "_�;7,".:= Js_:i_.
<br /> _ _'--= �.;� . 4.Dta��ly.8a.�rawer wit!kca�tho�aD�Y�8��tt.3t�!�lui�eQ:epair9 reesonabh►nec9ssery. '4:�;> - - ,-= _-
<br /> . ,: � 6.E�ssum.Borrowar a�ees ta Pay ati Land�r'6 exp2�ptas..imphi,(iag reasonabte attomays'tees.it Borrower breaks any cavananta in this deed �*. .:':_�,.<�i_
<br /> .< < .
<br /> . ,� �• � of trust or in eny obtigation secuce4 by.ihis d�ad ot:tttnt,Borl�uqwill pay tAese amounts to Le�dec as provided in Covenant 9 of this daed of :.�t,,..,_ � ,
<br />_ �� �: r trust S� r
<br /> � ` _ 6.�rior 8eatritY t�.Untass BusTOwasffhGtoOtitpwt►t��1des's written tonseni,Borrpw9r w�l not make or pormit any changea to arry priar '
<br /> secauity iMas �s.Borrnwar wi�E perftssm.al,liof,BtrtiMVp��&abGgationa under any prFqr martgage,daed of trust o�other seeutity agteameM. � ..:.�.;:;r�,-�'_,;,.=
<br /> ;� incfuding Smrower's cxivanaMS ta me3o9i P��+'�tt�W3'iia�lao: •�.. . - '_�;�.�-
<br /> -� ~ =� 7.Anst�t ot R9nto snd Profit9.9a:ro�VrVta**•�fAfls to ten0er the rer�ts aad profits ot the property.Unless Borrower and Lender�eve egread � �` '
<br /> ` ' oshsnvse is�writtng.;Bmrowra,moY aaL�t;arng;�ptC[n.the re�ns as tong as Bnrrouver ia not in dafault.lt Bortower defauite.Lender,ie�der's ` r �
<br /> =�rc• �ag¢nt..os,e os►ut:appa+tRed RmaE'-Yta�ri► ti�p�i�assion and manage the proAerty and eoltoet the reme.MY�ente lender colleets sha0 6a T �_
<br /> . . ,� . �p'�ce��tsi��a�en�fhe�� ��ik p�'art�V.induding eourt eosts and attomays'fees,commtulons to rerrtel age�ta,and anY other . . ,� ,,.
<br /> �'; ' yrc��a�Y��.1i�t, t renta will thert appiy to payme�ts on the secured de�t as provideQ in Cove�ant t. _`�r'
<br /> k • � - ; -1"lt
<br /> � �:�::Randan'idrimr..P'i3tmad�JtdkiOtvolofm'+or�te.Bnrrower agrees to cumpty with the provisions of eny lease'rf this Qeed of trust is on � '
<br /> a l� tiith��dlEd"ofittast:t¢Afi�a 4nd•in a condommium or a pfanned unit deveJopment, BoROwer will 0erfartn a11 of Borrowers duti�s i _
<br /> � �, , ut��,th3 amren�M6�OYri�Na.,G�i+�+�:��of the condominium ar ptanned unit devefopment. ;. ; � -
<br /> � .�" �
<br /> �`' `tf.� 9.�tt�"ofil�#s to•�efftqtll:fpt Bonon��fiii�rvet f�ia Oertorm artp ot Bortower's dutiea under�his deed cf s�'S,:'�z�ass�� ' �
<br /> <<N'�";�.�r< � `� th , e,�th� �.�!9onawels aame or pay eny amau�ft�a�."V fat�-t�a�r ' �_--
<br /> F,���� � a � V� s o-'#�4�,��!,L�S l�r�ae pe �a�^ T�,�Yxr ma
<br /> �,�f;�r � , coc�atructE�tYt-�Stt(F��p`�,p�y �S���r�'aed�6r»�+�^fa�an in a,:�ona6fs mtv�r.Lender may Qo whateu �s�ra�sa.w'ta a�'�:La�3a�� t�_-
<br /> ,}.tEr�,•. ��j�ti�,r $gCUfilylfli�{�i'µ+ 1LLQ�r''�Y�"��p1:,7�'fa'L4'y.Fili(IIh�.FdG.�B:CD$C{�1SL1118i�iB'('L, .15�JUG�IOT(+/ :� .... _ - t { ,�,�. -
<br /> r� .'. . p . . . . . ..- � :'��- �� U
<br /> �r f 2` ' ���,;r � '. len�'s taiiute m pa��c.i retG*�z�p[e�ude Lender fivm e�oescum�yamJ�its attler�ights under thu taw or this aas�¢t*ftrst. -'' �.,,'�� �-�� �,�r��`�`i.. ��
<br /> ���� � q�r�• �. : '' . . � :,. ' . . �E�t�s.e�t�, , �,p,,
<br /> i$fz ,` t :' arnY;C+'d�be-�ar frrtare►e�fr�e i e��Ca.���.'�e pa mem eu til�paid in '4��G�°leemter�esetdrabte n eff c�t cn the seeu ed da�aunts�::.ma sArar;cn der.s3:s+� ! 'i�° -
<br /> � s . sa:
<br /> G3 ' ' '�i���',�.�
<br /> ����� � 10.QefauTt and.�on.��E�r►o�ver faiis ta make any payment when dUe or bteaka any wven�nts c�eCOt.this dCed Cf Saisi cs . , � ' �' ��'
<br /> �, � �
<br /> '{ � . :f,�i;� oDligation secureh,b�f�ns dee�'i��ist oc any Ppar mortgaga ar deed ot Uust'Leridet may acca'erate the raz:nity of L'�a a�.i�d'de�� . -%_.
<br /> damand immediate p'er�nertt e.�r3+s�tt iemyoka the power of sa4e��/ather remedies parmitted Ey appiieabia�c.. ,, • �.� � ,,�,ft r�icw Y„i..u��
<br /> i r,�va�� ,1� .. • , , . . :: . ' ' ' � ' {C It�,=r�r"�ir .'��
<br /> s� �� ' ��� ' 31�.'�yest ior Natice ot Ca�-&�ts��ebv.!em�osted thzc ca,p"cas vi the notices ot defe�iY�a�sei9 be serR t�each¢a-san�a is a�Ca�tV ,nr,.> --
<br /> �)NtP �lf . .�. . -. .,- , .. .� _ '. ..�� . . _ .., . . S f� t 1�tyAl
<br /> ` ��ti;�`�4 1 i�'�F � : .'�rel��at the address of eaCh sas�persa�,�g seifot;h her8�, . � � . . . • �,,3� ._�__.:
<br /> �,'��.� ���j � .,�,�� af Sate.If the Lender anrof.�es T}te F7��dt�iF�aTt 7 ' 'f� shdii first record iR�'ca�'1.�s of she ce ' �f�.�-�ach caun (`�,�✓La�,�st��.ss
<br /> ,a���iw r� F�i}'r 1 � �'�► c�yp,"+�0 �� t!I `�i���
<br /> �s , 1�J � where�h the trust proAerty or some pan or pa�Y st��t is(si�aTad a�Lro�ic�af�t,cortp:.�ra8 she informaa�rx r.e�u:e�.G,y�a.:the Tn�me �
<br /> rT�zi g����` `":��� t sfi811 etso mail copiea ot tha notice of detauR�to Cuz�Uaawa::��aEn'Fe�*��:isa�a p,arty herato.end m aC�er"perssarts��resaibed by ��. . ,i"'�Ao
<br /> ,f,��'tf�?� ��,�}'t$ , enwrpurated City ar w�ga end�seusmsd in femning�o�pere�U'o�ns�c-�s fiy the�trz^��e Trus�e ahmafi g e pubGe n Uo�'rsRof�the persons ---
<br /> 's".'�'x'%'�:':..;. ,;:,;�� and In the mannor prescn'bed by!apppUeabta(aw.Trustee,withaut�smand on Borrower,ahaU sell the property at pnEiic auction to tha fiighest _
<br />� '".�'' . ' "�"� bldder.if required by the Ferm�Hampsiead ProtecHon Act,Trustee shap oNer the property in two separata safes as requtred by apptieabts taw. � ;' �.,���=��nV
<br /> -- � � • T�uMee may postpone sate of a11'or•any nar4el of the propotry by pubtie announcemertt et the time and ptace ot any prsvlausty scheduted eate. �.:�-
<br /> __._:._.____ Leneer or its designee may purehase the property at any sate. � _ _-
<br /> • � "' �` Upon reeeipt ot paYmant ot the priee Oid,Trustea ehall deliver to the purcha,er Trustee's deed eomeying the proyerty.The reatiats wntained in > "�
<br /> � ,'a- Trustee's Heed shati 6e prima facie evidienee oi tire uut�+ol tne statements conteined therein.Trustee shall appty the proceeds of the sale in tha --�- `�--=
<br /> � . folfowing order. (a) to aii exper�ges of the sate, induQing, but not limited to,reasanabte Trostea's tees, reasonabte sttomeyfs tees and ''�' ��'-�'��
<br /> ` • �einstatement tees:ibl to ail suma secured�Y�►s deed o1 uust.and tel tha ba�anee,if any,to the persons legatty entiqed to receive it. . ��!�`"�'
<br /> .`�_
<br /> � . , • '-��`��•', 13.Fareetosurb.At Lendera optfan,this deed of trust may be ferectoseA in the manner prov(de by applicabte law for torectosure of mortgages ; � �'!d -- -
<br />- . ?; 00 teel p�Ope�L1/• . . .
<br /> �,�..�
<br /> � 14.tnspcedan.LsnQ�muy emor tho property to inspect k if lender gives Bortower noUee batorehand.Tho notite must etate the reasonab'o• ' .. ----
<br /> ' . � ; c8ua8 tor leaQe�s inaPBCUon. �,' .---
<br />,.� .. ' ,.i�-�; -�':�':�;;i,�,'.__-.__.
<br />", . ..';.j� 18.Candemnadon.Bartmver assigns to Lender the�roceeda of eny award ar cla;m tor damagos eonnected with a condem»ation or othet taking� :_;. -
<br /> ot eB or eay part oi the property.Suclf proceeds wil1 bo apDtied as proviQed ln Covenant 1.This assignmerR is subject to the tesms af arry priar •
<br />" - -- - . :, securityegreemenL a•,.,' ��'
<br /> , � ��1 18.Watver.By exprcising any remedy availaDte to lender,lender•r�s not gtve up any Nghts to tater use anY other remeQy.By not exeretsing " '�ti�% --_
<br /> - .;.'• � an remedy upon 8qrm��mr's defiaiilt,Lender does not waive arry��At�to later eonside►tha event a Qefauit if it hapyens again. !-���_^��
<br /> . , Y =r..; _
<br /> � ;; .i � 17.JdM and Seu9iti' - ��q�t�ara; Sueeessow artd A�signs BrnmO.AO duties under this deod of uust ere joint aM several.Any i
<br /> Bortower who co�signs��•c'! Vust 6ut daes not eosfgn.the unQer�ng debi instrumeni(sI does so onty;o grant and comey that
<br /> ' Bartower's Irtterest in the pro�tar2sihe Trostee under the tetm.�9f this deeQ oTtrust.in addiria�L sucl�a Bortower agrees that the Lender and,
<br /> any other Bmower under th'rs•.`�+atl wf t►ust may extend,mc�d(f'y�air make any otfier changes in tha terms of this deed of trust or the secured '` � � '�''°
<br /> ,' .Sii2,�,� . .,:Jr:,'c.�.. ,
<br /> '�y;;:;',�1, • debt without tfiat Boaowee's cclr.�aaxS 8nd without reteasing thet�rrower trom the terms ot tltis deed ot trust. � •,,:,-..,. .
<br /> t'�a,.,,� . ....
<br /> ,�Sa;j,'• ' Tho QuUas and berreflts o!ttltt►tir:�a!"p!uust shaU Eind and benef'n the successora and assigns ot lender end Borrower. '.
<br /> ;�'y;; . �� 18.Nmtes.UnSass otherwia7e rre�by law,any notice to Barrawer sha0 Ee given by delivering it or by meiling it by certified tndil addressed to I � ,��'�'" ' "
<br /> :����%?�:,,-; - .° Bo[wwei at th9 property�add��*3nV other addresa that Borrccri�sr has given to Lender.Borrawa�w�ll give any notise to t,as�ar by eertifisd �,�=lkli,4�.�:'�'�';,�;� -
<br /> � ;5��,,;:•; � . mait�ir�LenQor's address on pegs�k r#tFda deed ot Vuat,or to srY a�er aQdress whieh Lende�Lw�dosignatoa.My othor noaaD ra Lendor shatl � "�'t;t�'
<br /> �+'�;s�"; be sart to LendePn aQQress es st�on page 1 of tNs deed of tFU�: . '?��;•. •
<br /> � ��j.:'S. . . _�� . . .. . :I .
<br /> � Arry noUee shEtl be deamed to fiave Oeen piven to Bonower o�6ende�when giwan in the manner stated above. � ,,,"�_ ,
<br /> 19.Trensfer oi ths Ptoyerty or a BeneReTallrKereai tn the Bauowa.tt atl or any ptYt ot tha property or any lreterest In It is sotd or transfc.ane� _ ,,.• ,
<br /> . � without lenders prior�,+nitten canseM, lende�may demand immediate paymert of the seaued det». LenQer•may atso Qemand immeQ•� � , �.
<br /> . paqmetrt H ffie Bottower is not a natural persOq an0 0 benefiei8l interest in th0 Borrower is Soid or Vansterred.However,Lender may�af •
<br /> , . � z demand payment in the above situations H it is prohiCited by fedeiai taw as of the date of this deed cf trus2. �.
<br />-� •� . 20.RCeamrmyaneo.When Ure obligation secwed by this CeeA of trust has been paid,and Lender has no further oh6gation to make eQvances �
<br /> undei the instrum.ms or agreements secured by this deed ot Uust,the Truatee shail,upon written request bY the Lender.recorney the Uust �s;�c
<br /> ,` obhgaU�on so sa�tis�H.�dsB nower shall p y any reosrdatian eosts er's suceessor in interest,the uus4 deed and the rtote or other evidenee of the : , :;rr!,
<br />_ ' ' + Z1.Sueeassw 7ntataa. LanQer, at LendePs option, may ramove Trusteo arM apyoiM a sue�essor trustea by Tirst, maLra a copy cJ:� , �' �• �
<br /> - � - substltution of Uuatee as required ey appiicabte�aw and then,bY fiGn$the suEStituUon of trusu�Pai reeord in ffie office af ihr r.�itter af tl:�s++.Is . '"�a :::'
<br /> � � of each enunty in whic � p�st p)�Ope�rt�V,o�some pan thereof,is snuated.The suecessor tn�tae,without convayanee rof:Ut��croperty,,�i ''��`��i, . . -:' �
<br /> sueteea to e11 the pow�Nt�Y,,eLt�rnY and titte ot the Trustee named in the tteed of ttust ersd�af any sueeessor uustes. . . . . , ."��'����+r
<br /> • • • . . �y��9r . •
<br /> _ • , � . . �� - - _--
<br /> � . � ' '�' �
<br /> . ���,�,�Y'•��:,
<br /> ' , . _ �� .fr: - " '
<br /> fpage 2 0l?1
<br />� �-- - .-. _-� BAfU(E0.4SVStFJNS.WC..ST.ClOUD.Me1667011t�B00�997•Z3�t�fOiWOCpJU1T6NEe/18/91 , ' . ,
<br /> ..
<br />,.� - --. -
<br />-'j t` ` � �: .: .
<br /> \?a✓
<br />:�a .
<br /> t ..
<br />
|