|
�� .
<br /> + 'C � . _. � • _,�f:I•.L�fi.�'j:.
<br /> ,�r T,.�.
<br /> YK.. . . ' . .. .tiJiv:?Til: . .
<br /> . . .� 4blr.!n ._ . . . ... . . �..n . ' ' " "' ' ' - . .. ._ ' `! .'-d�.Yi��="--�
<br /> � oa.2�-���� DEED OF YRUST Pw� 3 `_+-
<br /> (Contins�ed) ��;� ��� �()��1 -
<br /> �.�iIY��IAt �AY Y� ��.4..••��- _�Ai:+airw�i�=3:�ut�wYY�MY'- MY �•••-����•� �I1�11
<br /> undw tM INn. In�ny contNi,Truslw�h11 Whnd tlt1M nnd L�ndM�nd�haM e�llltly�ny�dv1K�o IudptMnl bMor�In�OrOMn�M�O�t�M
<br /> Prop�rfy. Tru�ttp thaN n�rta Under�f Rn�0dittonN ob1�undK�ny��KNy bond hxnkh�d In IM cont�t proCMdlnpl.
<br /> Bvld�ne�of P'ayn�nL Trufla ah�Nup cn d�m�nd lurn�fh lo L�nMr alkhclory�Nd�ncr d p�ym�M o1 ItM lawe a aMMrrMna�nd�IMM
<br /> , �ulhalz�IM appropil�w powrrurNnt�l oleGGal lo dNlv�r to l�nda al any Ilm��wdlqn�tabrrNnt of iM I�xsr�nd�w�stm�nh�p�insl th�
<br /> PrOpMty. -
<br /> MoHce ef Gonstruction. Tr�xlo►thsai notiryL�nd�r�1 Nasl IiI1Nn(16)dayn bda��ny wak b comrrwnoM,any NrvkM an furNlh�d,a�ny —
<br /> rrwMrlaN a�suDD�Md lo tM P►op�ty� q my m�chaNa'� N�r►. maMrttim�n'� INn� a olhw Wn coWd bo ac�rlod c��o�ewun!of tha waN., �-
<br /> • s�nrlcM,a mabh�s.7rustor wfll upon��Owst ol L�Mn furnlah to Lm�Mr adwna�uunnoN sdl�hclaY b LM�J�r Ih��Trusta an and wfN
<br /> � p�y Ih�cat ol such Improv�nb.
<br /> .��"�' PiiOPERTY DAMAGEINSURAIiCE. Th�foNOwVp provlslons rei�Urq to Insucinp 1he Propaty u��pui ol thh DMd dT�wt
<br /> •.:'"". �• Malnt�n�ne�ol InMJrY�C�.Tru�la sh�ll proeun and m�inWn poNclM of Ik�insunnw wlth standud oxt�nd�d covarp�N�do►1�nb on� _
<br /> ' npkwrtNnl basM for IA�full lr�urtbl�valu�coNrinO dl�mGoverr�nl�on lM Ral Prop�rty In an amount wfticNn!to�vdd WpMallon of anY
<br /> cdnt�xanc�ctau�.�nd with�s4ndard matp�p»c4tus�in tava�f L�ndM.top�tMr wllh such oth�r hwrd and Ma6iN Inlurano�N L.�ndK
<br /> may nasonabfy nquk�. PWcl�t ih=Y b1 wriH�n In lam,amounk,cowrapw and bt�la rw4cnobly accaptabN to land�r aad Isswd by a -
<br /> eompany a compaNa nasonabry acc�phbl�to Landa. Trustor,upon nqwst of L�nd�r,wIN dWvK lo l.�nd�r kom Yrt�la tlrtN th�pdiclr
<br /> • cr cwtillcaty of Insurmc� in lam saUsfadory b Lond�r,Inciudirp 011pukUons that cowrapa wiA not b�oancdsd a diminisMd wNhoul at a
<br /> bast t�n(10)days'prla wrilNn �otica lo Under. Each Insur�nc�pdby�ISO shaM Includ�an mdoroertNnt provldn�INt covKap�in hva M _
<br /> L�ndK wW not b�Irnpdrod In any way by�ny act,omission a d�tauit of Trustor or any o1Mr pYroon. Th�R�al ProplAy i�Ioc�Md�n tn�na ?
<br /> claslpnatad by tt� Dlr�ctor d tM F��EmxponaY M��Oo�nt Aq�noy as a spocW Ilood hmrd ana. Trusta��nM to obhln and s,
<br /> m�Intain F�al Flood Insunr�lo►tn�fil unpald prindpal bat�no�of 1M loan�uP to th�mddmum poYCy Ymit��t un�f�r th�DkYon�l Fbod -.
<br /> �� Insu�ana Propnm. or a otMrwk�►eQuind bY Lmd�r�a�d lo m�lnLln suoh intunna tor tM Mrm ot 1M lo�n. �
<br /> Appifsalfon ot Proce�ds. Trustor sha7 pra��/notity Lsn�ar of nny los�a damape to the Prop�rty. tander rr�y m�k�proaf of bss M Trusta _
<br /> �� fa;IS to do so witNn flft�n(16)days of Uw aisuaflY• Whether or not I.�nd�a aecurity is impalnd.Und�r rrKY.at ils aNcYon,ncMw and rM�n
<br /> � ttw procwds of�nY Iraunna and aAPb� P��b th�roduodon ot th�Indabt�dnus�WYm�nt of any INn aif+cWp Na Prop�rty�or 1M
<br /> '� �estoratlon�nd npak oi tM Properly U l.�ido►oNcts b�PDN t►N Draca�ds to ratontlon and r�p�ir,Trusta sMl��pdr a npi�a tM
<br /> damay�d or d�stoyod Impro+rarr»nts In t rr�nner saHSfactory to Lendar. Lendor shad,upon satlsfactay proaf of tucb ��ndilun�p�Y or
<br /> � reimbura�Trusta 1►om th�procads fot Ur rasonabN cost of rsp�ir a nstondon If Trusta Is not In dohutt und�Ns �Md d Tnttt. My
<br />�' i� proceeds wNCh h4w nof bien disbtxsod within 180 d�ys oQer thek rocNpt and which Lander has not committ�d to 1M rapdr a nttontlon ol
<br /> tha Property sFuY bs usod Brct to pay tny unount owinq to Lendor undsr thta Dwd of Trust.then to pay accrwd Int��d,and tM nr�IntNr,� _
<br /> any,shaq be appYOd to ttw pdnclpal b�lana of the Ind�btedness. If Lender hdds any proc�ts aflw payment M IuM dlh�Ind�bUdMa,sueh
<br /> prpca6ds shail b�psid to Truslor u Trusta�s inle�ests may appear.
<br /> UMxpksd insunnct n 3�1�. Any uner�ired Insurarwe shall Inurs to the bsne6t of,lnd pass to,the purchassr ol ttw Propaly cowrsd by Ihis
<br /> � Ocwd of Trust at iny trustes's sak a othsrsala held undsr the provlslorn of thb DBed of Trust,or ot any tonclosun saM of ach Prap�iy.
<br /> I.' � QfPQJDITUREB BY LENDER. It Tnntor t�iis lo comply with any provlsion of this Doad of Trust,a If any acUon or proc�np�comrt�ne�d th�t
<br /> wou�d mttarltNy x(ted Lond�s inbr�sb in ttw Proprrty,Undsr on Trusta's b�tuM may�but sh�N not ba nquk�d to,tak�tny wtfan that I.�ndK
<br /> _---=-�:1 , Geoms tpprppr�tB. My amou�i iixi i.�nwr�o�e,��w ii�si,���tiviu b::t lnt�:s!!!�r.la psa:'�d 1�!st!!!�!�!eis t�st!9!�•!•w�nn�.{wei n nqid
<br /> ' •�!•. by lvndx to thr daU of npfym�nl by Tnntaa A!1 auch axpa�s,at LYndw's oplion,wIN (�)b�payabN on dwne�d, (b)a add�d b Ih�b�l4nw
<br /> � of tlx+Not�and b� �OporNorwd�ma�W and b+payabM with any InalaNm�nt payrtwnls to b�corn�du�durinp�lther p)tM iorm of any�ppNcabA
<br /> Insurenco poUCy or (�tFM nmalNn�term o11�e Not�,or {o)be trealld as a balluon paym�nt wt�lch wN b�dtw�nd ptYsbM at th�NoM's m�itaiiy.
<br /> Thia Daed ot Tnp3 oko wW qawe paymoni o!Y�asa�mounls. The riyhb providad tor in thls porapraph ahall b�In additlon b tny otMr rlphb or�ny
<br />� ' nmWis to wfAcA��ndw nxY be mtilkd on axount of th�defautt. My auah aodon by Undor shaN�ot b�construod as culnq 1h�dMtWl=o�s to
<br /> � bor Lender from any rxnody ttwt il otMrwisa would htva hnd.
<br />- WAqqANTY;pEFElISE OF T17LE. ThY fdovMp provfslom nMttlnp to own�rahip ot th�PropKly w a part of thb DMd a1Tn�at.
<br /> �� ' � TItN. Trustor wuranb lhah (a)Trustor Adds pood and muk�hbN UW of ncad to ttM Propaiy In�«a�w,�uw cw.r a w r.�.�,a
<br /> -• �ncumbnnC�s dBM thtn tita�s�t tath N nw t�ant rropwiy dosc�piion a i���ny Giq liisur�+xa Pot�cY.�r•�od�G�fn:l�o�kSor t»ttid in -
<br /> � • hva of,and aoapt�d by.Lmdu In conmction with thls Da�d of Trust,and (b)Trustor has tha fuM ripht,pow�r,and�uthadty to�oc�cub and
<br />�. ,° dqlyK thl�Da�d Of Ttus1 to Undlr.
<br />;.s,. �.,; �. DNMn of TttN.SubJ�ct to 1tN ucc�DUOn In tM panpraph�bow.Trusta warnnls and will lorov�dN�nd tM tl�ta Ih�Praputy�IM
<br />- Iaw(ul p�im� d YI p�rson�. In th��v�d�ny�ctlon a procMdnp b comrtwnad that questlo+a Trusior'i tNM or tlN IoMrwf of �a
<br />"'��:�'> ,� L�ndK unda tNt W�d of Trust.Trustor aNN d�Nnd th�aoUa�al Tnntor��na�.Tnntor may b�1M naNrW parlyb such Dr o o M d f n p�b u!
<br />-�,....• '��. . L�ndu�haN b��ntltlW to p�rticlpaN in Ih� proo�adlnp and to b�nPnsant�d in th�ProcMdinp by counsd or L�t own chob��and
<br />�:�,.:.._�,.�i►• Tnista wil dMiwr�a aus�to G doliwrb�to L�nder such inshumenb a L�nder m�Y nQwst h om tlm�to qrrw to prniilt such pvticip�Yon.
<br />-�'��t••��.,F.. � . (�QTp11�11C/VifllA I.MMt. Trustor wuiranit tlut tlu Ptop�ty�nd Truslor's uq of ih�FYap�rty CanpN�t wNh ia lldtllOQ OPD1Cab1/IIM�
<br />�;;;1'�:';'�.:,. «ananc�,andnod.ro�s o�aowcnm.nW auinaiw�.
<br /> CONDEIIANATION. TM toNOwinp provlslons�Ytlnp to Cond�mnaHon proce�dinpt�n a put of lhls Cwd of Trust
<br /> �`.';�, Applicatlon o!Net ProoMdti If aM or Ny p�rt ot th� ProMrty b cond�mn�d by�min�nt darNin ProowdnD�a bY NY P��+�a
<br />�'►w�,.�. ., purchas�In li�u of cand�mntlon,L�nd�r may at Its aNcNon nquln that�II a any portlon of th�n�t procMd�of thr�ward b�rpaWd fo tM
<br /> -= •- • Ind�blWn�ts ath�npak orr�storalbn dtM Rop�dy. Th�n�t ProcMds of tM awud shaN m�an th��ward dl�►p�yr�i of�raataMbN
<br /> �y,��_�• costs.�xp�ns�,�nd�tlwn�yt'1ws�ncurod by Trustw a Undor in conn�ctlon with tM conGmnatlon.
<br />�.,,,�,,,, ,; ;; prpcMdN�ps. II tny proceadny In condim�aNOn k Akd,Ttusta stwA prompdy no8ry Under In wridnp,a�d Trustrx thall prqmpih►t�iu such
<br />— stps u mty br n�asiuy to elahnd 11w�ction and obtaln the award. Trustor may b�th�nomfnU party In such prawdirq,but I.�ndlr stW
<br />=-�'�- � b��ntltwd to pNbfptw in th� proeMdinp e►�d to ba rep►a�ntad In lh�procwdinp by counsN of its own cholo�.�nd Tru�tor wNl dWwr or
<br /> � ` '��r-�" causa to b�dWlwr�d lo L�nar auch Instrumenls o mny b�roqwst�d by ft from tlrrN to dr►w b p�rmit auch parNdpatlon.
<br /> �.y IMPOSITION OF TAl(ES,FEES AND CWIRGES oY GOVERNMENTAL AUTHQRITIES. TM foNOwinp provlsions r�tlnp to powrtrr�nW tnw, _
<br />= . i�and Ch�rpe�u��put Of tAU Dad of Tnut _-
<br /> Curr�nt Te�cts,Fl��r�d CA�rp�s. Upou roquest by Landor,Trusta shull oxeout�such dxumerds in adulUon to tNs Dad o1 Trust and tak�
<br /> � wh�towr othw�ction b reqwst�d by Lab�to p�rfact and contlnw Lendere Ilon on th�Red Prop�iy. Tausta ahal nimbura�L�nda ior H
<br /> tax4s.as dosab�d pqpw,Ippahsr with tll e�nses Incurrod in recordirp,pe�lectinp or condnuirp this Dpd ol Trust,i�cludi�p without
<br />• limRttlpn dl t�ca,hes,documenluy atamps.and other charpas for rocordinp or repistarinfl thld Qeod ot Trust
<br />- ?lass. TM fobwirp ahaN constitut�la�us to wh�h thls section�ppiles: (a)a apaciflo toc upon thb typ�of O»6 0l Trust or upon�or any
<br /> ' part o11M InWbladMSS saured by Ihb Daed of Trush (b)a spaciftC tax on Truslor which Trustor b authorinld ar rpWnd to doduct hom
<br /> payrtwnis on tM Indabtodnrss secund Dy this typs of Daed ot Trush, (a)�tax on thls type of DeW of Trust cMrps�bM�p�i�st th�UndK or
<br /> !M hdder of tM Notr,and (d�a apecl�C tax on ad or nny portion of th�Indebtadness or on ptyments oi princlpY and Intonat macN by
<br />- ;� Trustor.
<br />�____��_'_____ Subs�qwnt T1ats. II any luc to wNCh Ns socflon applies IS onactad subszqwnt to tho data of this De�d of Tntst,Ws n�1a►f tha�Aaw tM
<br /> - _u�a u��..�n�w� - - - �..��n.�..�..s nd.�.w..
<br /> --�--------- -- ' '- - _ . ...._.... --'"--�--_"' '���. �
<br /> �ITIB IH�C1 l�N tV�Ii[ OT UIIaUIt(Yi O��YO tlMVwl�����+r���uw��r��ww�..a��.y.w..v...�.•�....w..w.w�ww...�.....�...�.��+�..... -
<br />_ Llo s sacton and depositsSxilhaU���cish or�a sufficlent c�orporate usro bo d o�r ttwr�sacurity tt h+ctory t��r�ow tn th�T�us and
<br />- SECURITY At3H�E1r1ENT;FIN/JICINO STAIEMENT3. Th�tonowlrp provlsione rotatinp to Ihls Deed of Trust es a secwHriprwm�nt an�part of
<br /> " � thls Deed Of TruSL
<br /> S�curiry Apr�n�n4 Thh InsUument ahttl constHute a sacurity aprovment to th� sxfent any ot tho Properly constitutes lixtuna a olhor
<br /> ' personel propeAy, and Lender sha8 haw elt of tha riphts of a secured party under the Uniform Commsrcal Codo ts ammdad kom tlrtw lo
<br /> tim9.
<br />� Security►n1enQ. UDOn requesl by Lender. Trustor shall execute flnanclnp stnUments and teke whatever other ictfon Is requesled by Lender
<br /> to pertect and continue Lender's security Interest In the Rents and PersOr�al Property. In addlUon to reCadinp this Oeed of Trust In tlw real
<br /> ; property records,Lender rtuy,al�ny time and without turther authorizetlon hom Trustor,file executed counlerperts.coples a reproducUo�u of
<br /> ' I thls Dead ot Trust as t finenctny stalemenl. Truslor�haU relmburse Lender tor�II expenses Incurred in pertectir►�a conUnufnq thls socurity
<br />— interest. Upon defaull,Trusla shall essemble the Personal Properry In a manner and al a place reasonably convenbnl to Tn�sta and Lendar
<br /> • � and maks ft avaiiable lo Londer within Ihree(3)days a►ler receipt of wAtten demand hom Lendur. 3 0�G
<br /> _�
<br />
|