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<br /> „• �"` 09-08-1998 • . 9������9 DEED OF TRlJ3T ��4 � _ {�,_ '�
<br /> . . � �osn Wa 7s1a21 (co�llnuedD . .
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<br /> LenQer end Isstted by e cartqi8rry i�►CamPan�B�easonebty►&oCe0t8Dle to Lender. Trusta aAan requ�t ci LendeL wJi ddIIver to 19na3r�om .. �.;a,;,
<br /> � ` � ' � tim0 to tlme R�a po1iC��wrtifica�s at ttaauanc0 in torm satistaetary to Lender.indu�in�sti�utatians that cover2ges witl not ba CartoeGed Ot " '. •.
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<br /> . ' � , � t6minLshed wifdoul at leasf ten(10)days p�ior written notice W Lender. Each(r�uranoe po�cy etso 5t�ail tndude an endcrsement RroviQtng tlrai .: . :-. , ..
<br /> � .Cpvaraga In tavm of LsnEer w61 nat be tmpatred iA erry weY�Y�Y gd.omisstore�detautt of Tn�stor or any other person. SRO�dA Ne Real - ` t�;; °'. •. :,..
<br /> , . � Pro p e�t y at a a y r tim�de�ems tacated in en area d�tgnated by tAe Ohectat at the Federe!Emergencyr Atanagement Ageney as a sp�dal Aaod :�;,� r ,:,,.
<br /> . tisnsd area.Tlust�e9�s ta ohfain and matnffiin Faderal F l c e d tnsuranae f o r t h a t u U u n p a i d O r m�a!b a t a n o e o t 4�e t o a n.u p t o t rt a m�c i m u m _ i
<br /> . :i pa19�y GR3ts sel unGer.the National Fteed tnsurenos Prag�art4 a ag att�envL�e nepwed Oy lender.an�to maintafi surfi insurance far tne term o! �,''�``';`,::
<br /> .. . � the I08c�. : � ,`.' ,�"
<br /> ' � Aypi[eeffon ot Prooeeda Tru�ar sha11 promp9y notiiy lender at any►Ioss er damaga to trte Pcaparty.Le�der may make Droaf of toss i1 Teustor ' -.;s� ,, ,:;
<br /> 'r ..,,` � �s ta Qo so within ifReen(/�days of th9 casttariy► WAether m rtoi Lendefs s�iry ts imPatrsed.Lender rttay�at its etectost.�Ive end retaw ;,
<br /> _�'�' J ihe pra:eed5 ot aay(nstuance and aPPb the proCeeds to ihe redudion of the tad�tadnass.PafTment of any�en affectirs8 tRa ProAertY.ar!t�
<br /> �A��,,���� �estma5on and repais of lhe PtopsAy. tl Lendsr etects tn aDD►Y the Dmaeeds to restotation and repair.Ttustor sira9 rePair or reGlace ttie .
<br /> ,- - - .::y : damaged cr desLroyad Improvemer►ts in a manner�cto�yr to Lender. Lender shaD.upon sat�tactory proa!a!such e�end,�ae.paY or w ' ��,,
<br /> � y' . �eimtstnsa Tn�stor trom the preceeQs for the reasonabt�e�t of repatr or restora9on N Tnistor is nol In dsfautt under thts aeed of Trt�s►. Aciy �...; `i,,
<br /> '•. � proceeds wAich Aave not been dtsbursed wfthin i80 dgys after Uua'v�ecetpt anA�v N cD l+ere�e r t�a s�o t cam m i tt e d to t he r e p a i r w�e s t a a t t o n of _ ,•:,,..,.;..
<br /> �- :- the PtOpBdy Shetl be ubed 65t�p8y 8rry 8m�urit GwFrtg to Lender tmdet this Dee6 oiTrtts�H�to p9y flodued irdetest.9nc1 thB tetnHittd2r.if ti 3�'��tY�, +; � :s
<br /> ;�. . :' er►y,shaA be app�ed to tAe pandpet batance of thB tndeffiedn�s it Lender holds any praaeeds e8er paymeM in fu!i ot ths Indabtedness.sucf► ..;.:,:..'i.<j�,s f
<br /> c�: ' � praseBdssttalltrepatdtaTrt�Gt8sThlstoi'slm�Lsmali�DP� , r"�'�t�,°;�;�t`'
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<br /> tineu�lyd0�trmme�et�o-t�AnY uQexpired tr�uattce sRalt imce tn the Eenefit of,and pass ta.the purctiaser of trie Ptopetly coyered bY� ,:.if V.,,�tYTs•r
<br /> �.. ; ���,.,J. Deed W7rt�tetsny P�sisessete m ott�r seto Rc�d under the p.rov�aas ettfisQaed afTrosL arat arry fnr�+ne saJe o!such Rropmqr. � ,, '.
<br /> TnistaPs Repcst¢n tnSY���n�Iu�CC�rt+enQer.howev�not ma�t�n mros a Y�.�n�tor shal!flurdsh to Lender a rePort on each . ,� t r�.
<br /> • �;`�• � eods6n9 PoGsyr af irtsurance�rawi� (a)the r�n9 of the h�surer; N)tha��.(cj fha amowd af t�s ROtiaY. (tn tRe PraPerty ir�ured.
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<br /> r,.-I '`1 !he U+en ament repiaoement�e aF such psaAeM.arid the manner of�ttrat�.end (el ihe exptraEon dai9 0l the po0cy: � ,�=_
<br /> ::,:F;t;g�� ," trustar shaD.uDan requ�;t a4 L2�:Aava dr.n 6�dependetK appr�ser sa�ac[a�g to Lender�nB ths cesT�vatue replawmeM cast of ihe �;� _,�,.�
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<br /> ��` f r� �Df�i1R�BY LIIidDEA U Tr�site��is'Yo�ampty w�7A eny pmvisfion ot tli"5 Aee3 of Tnisl.ar N arry ac6on cr Pxoc�edin9 is commenced 8�ai �
<br /> 3�%� woutd maiwtalry aftad LereQer's i���ki the Praperry.LenQ�an Tnut�'s betm�cnsY.but stiaD not be requtred tca taha acry adion lAat Lender
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<br /> t, s� ,.j . d�ea�s BPAroPriat� AnY am0un3 th�#�aSCer.e�ends in so daing vn'�pear int9�s51 atlha tate Provided tor in the No�fram th�dafo irtcuRed ar peid �."
<br /> �,��� t;i;.•� &/Cenader to the date ot caAaYm�s+i�`�'.�star. AO such�enses�at LenQefs op6on,tivID (a)be PaY��on daman4 I6)tie edde�b th9 batar�Ce ' , , � ---
<br /> ;�:?e,r. . : � af t!s�iVote and be apD�angO s�and 6a payabfe wdh er►yt instatfineM paymenb to became dua d�(n8 eitine�' U7����Y appticabte
<br />..'�-xsr� r.c „ ;';s• tr�surance po6Cy a(�i ihe wma�n�•trarm of the Nt►te.ar (c)be bP81ed as S ba00¢n OSyment whicb wAI be due artd�y�ta sE�A�'s ma4uity. �. :� �:
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<br /> �. #,� � �rs�kts 7Ns Oead ot Tnst�Se.�rrfi secwa paymeM of tha5e ameunis.The dghts provlQesl�7 in thi9 paragrapA shan be in a�to aiiq c�rtights e*enY .�'. � .,
<br /> ;!{��., �� �r�� reme�es to whfeA tt�rt�may ba erd�lgd on accourtt af tAe defaut4 My such a�S�fi�;/Lender shaU not be constru���iufrrg the defaylt so as to � �:;-__
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<br /> .�F�j� ��, �ts - OarLendarfromar�y:�a7?a�ythat[tath,enxtsewoutdhavahad.. . . .'c • ; ,. ._ ..��r�-._
<br /> <<��x� „•��•� �'}, Vyqpp6W7y�OEFEIHSE OF T648�:TIR?�toQOwing provt5tons relatirtg t�ownership o!the Ptoperty are e part ot ifiLc Geed of Trwt. �,•+1±_-��-.
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<br /> !e t�x�'<(�` �n . ; Ti9e. tnutor wartanis that t f��6�holds Soad end ma�trefabie title of tecord to ths P�ogeetY in(ee simpt@,free and dear o!a!i GenS end , �
<br /> {�' n„t'�s��� , �: encumbranoes athec than thoS+e�tatA in tt►e tieal PraDertY df�erlAUon ar ina�►ti�e ic�surarwa�a�zy,5tte Fr,��7t;or 6nal dtle opinton issued in _
<br /> `�s 'f � ; :� E l• favQr oR and acoepted by,L6rt�et fn canne�!ita3h tMS 08ed ot Tnat.and ltT�T.ctst�has L+'n��ulfic�lR,.p�;,.qctd authori{y to ezecute and --
<br /> tsxrf��°ts»p � � ' dsUtrerthisQaedotTrusttoLeq�der. :s � "•: ` ' . . ' :;'';. ,
<br /> ����-' r�j� ;,. Qaftnse of Tttt�S1A►ject to l�aiccePtion in the ParaSiaph e4oYa.TrostOibv�r+�U en0 w@ fo�ev�d0brf3}i�ettlf�to the Property egafnst fha � ; '--
<br /> � #k�� .F., ... lawful datms of ell persons.�I�r,L�.�svenl anY sctlon or Prw�.�ts�',e�ed�at 4uesY�;s Tnist�i5�+'ci the inter�t of Tnistea u -
<br /> ;-,�, . ,��er unde►this DeeO o�Tf}�;:7;�stor shaU defend the at�iurol='(Psrsior's�te:ae.Tnutpr�tie the nomir►�A�arly in sw9�:�raoeading.but .
<br /> t�.r�' •" "'.�sQer shaD be entYtted ta aristli�ata tn the ptoceedin9 a�'il�'l�a.ie�resenied In tTre proo2�#g bY aour►SSet�Lenders�chok:e.an4 ---
<br /> � } `�.,;�.�` Tnistor wiD Qai�,�r cause to 16a�red.to Lender auen insih('rtterds aS tra�s may request irom tlma to tiris t��permit such par�cTpatlon. �r -
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<br /> , Campttanea�B.�we. Tnator wa�rants that the ProPerh►et+d Tiwto�'�.+�.of tha Properiy complles e��Xs'i�e�dsUng apAQCabte Ia�, : :,
<br /> ordlnances.a�va�ula8ons of govemmental authodues. . . ' . ` �
<br /> -�•� COHDEMrilA4iflA1.'i ha faltmvmg provtsions�eta5ng to condoms�ation proceedings,ere a part 8f tNs QeeQ af Trust. ===m---- _
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<br /> �� AyptiCalton of Re1 Proceed9. II aD or arry paA of lhe Piroperty►is wndemned by eminent domaln prooeedirtgs or Oy any proeee�ing or • ; ;��,.,�
<br /> " ` �,; pur„hase in Qeu ot wndemnaBpn.lender may at its eiectlon require tAat all or eny portian of!he net proceeds,c}t tAe award be apA�ied to the. • --
<br /> InEebtedness or the reDa1►or resWration at tha ProAertY. The net Prooeeds ot tha award shall mean the awacd:cd�u paymerd of a0 reasona6le ' � -�-:
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<br /> � cosb.expei►ses.and attomeys'tees tncurred 6yTrustee or Lender tn conneatlen with ths condemnaflon. �• ��
<br /> *�����_, �. prooe�tnps. If arry prooeeding tn canQemri�b fited.Trustor sheA prompiry no5fy Lender tn wri6ng.ana tnvstor shaU promptry take sueh � -
<br /> , /��:�}f ` steCS es maf►be neo�+vyl tO.Ref�t►9 the BeBo�t�d obtatn fhA etverd Tttutor may be M9 nominal p9ety in suct�proCeeQln9.but LenQer shaU .!_
<br /> Da er�tedtu paNr.�pat�tn D��r:�2Qfng a�A to 6e repr�in the ptoceeQing by counsel of im awn choice.anA�iu�l`cc wiu det�ver ar '
<br /> ':, fi..'` . . � �sauss to Oe deGirered to tsx�r�udy�I��unaT�as may Q�ro�t�t�ted by(t from Ume to ftnre tv Permit such paRiciAati4n.. --=
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<br /> :��'��i' , IMPOSfTtOl1 OP.�!A7�S.FFE§�{�;l��f'ssC'C�VF1iM1Y�4'C,:a:AtJfH4C,YtR�ES. The ioQowing prmrlstor�•�brg��':+ec�menfat texes. -
<br /> t ''� tsesandc�arges�a�tartMtt�De�¢��►T�z� , ' F
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<br /> �fK' ��, ��1-'- t Teoro9„Fies mrai Q�,'�c d�, ttpori ti#quest by tender,Trustor shall e�Cea�te suaA dacuments in aQC�1r ys thts Deed of Tnrst and tafce y � -
<br /> ,d!`�y, : , , :'' fever othet 8ctlon is��isy Lender to PeAect and conUnue LenQefs Ren an the Reaf Property. Tnistar s�ari relmbwse lender fpr afi � ,—
<br /> . � .� �, �' as desafbed befour��Ilne:v�tti all expens�incun¢a In recording,peAetUrtg ot�nuing this Deed o}Trust,Inquding wfthout
<br /> ' . .;: '�Om�ItaNan eD texss,faes.Qaca�r�Ua�i'stampS,Md other charges for recorQtng or reglSteAng t�fs Db�oi Yrus4 • : �: `:.
<br /> �'''`�'��� Tmtce� Th0 toQOwirtg shaU Cutts'd'fute�S!ic7;�itUefi this ssc6on Sppfi�: (a)a sp�CiflC fsx t��1sYa 4.h9s tYRe of Oeed ai Yrust or upon eU a�airy ' �'�� :,:,sr.�
<br /> � �.'.•'•�: • ��', p8A Of tA9lndebtedness secureQ by fhis C�e�1:of Tcusf: (b)a sAedflc ta�t on Trtistot whicA tnr�ta is aulhoAxe4 or reQutred to deduct/rom , ''�;•.'"
<br /> ,• �. ..}`:'_. paymeaSs on fhe tnQgbtsCrtess sBCVred by ih�type o1 Oeed of lYus$ (C)a ta�c an Ws type of Deed of Tnst chargeabte against tha Lender or � :', ��`"'�
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<br /> `��.<,:•��� •: �� • • ;, the hofder o}thB No1B;anEt!(stJ�a speciflo tax on BD or arry portlon ot th0lnQebteQrtesS at qq psymen�of pdncfp&1 and inter�t made by �,,;; �
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<br /> 3�"��- - :-� SuDsEquEr+l'Gm�. tf a�3�Imy t{s whtcA this sectlen eppi[as t�anm�od subsequant to tP�Qhdtn,�aP,fNS Oeed a1 Tn�t.this avpnt?sGall have 1h9 , ,
<br /> • , same e���n.�va�tcr{��a�ame�ss ae�rrc�a oe�oV�,and 1.ender msy e�mrctse arry ar stE 1�l�t:+,aVailabJo mmG��tor an�-vent oi Oet2u[t,a�,. ,,,`,,i�;�;, ,;;
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