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<br /> .� , 09-03-1998 DEED OF TRtlST Page 3 �: �: '� :-_
<br /> • ` < Loan No 761450 (Continued) �•����° g(i�(�� ;` ���`''
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<br /> . based on Trust6ts due d�g8no01n k[vasUgaitn8 tne ProysAY far haxardot�wastg an0 narardnus substa�aoes.tn�stc�ha�eby(a)�s�asas ana
<br /> ' �� � �- vraives tany tuture delrt�9 again511ender tar inda�nHy Or contrl4Wan In fhe eYat�t Trustet treeasnas Gable far cteanuD cr other co5t�under any .• ' _ `y �
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<br />' ,Y : such taws,and (b)agreeS to ind9mnity and hctd hanNSSS lertder eqatr�s!eny and eU da.'ms.Wsses.GaDilites.dsmagag.OenatSes.and • , _ -
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<br /> . . e�enses whlCh Lender may dreectty►ar Indlrecity susteln ar�utk3r res�dtlng Bom e breach at UUS seotion ot lRa E2sed ot Tru51 m os e
<br /> conseQUSno9 ot any�ue.Berreration,msnufaCture.�tor�Q�.dlsAOS�I.cekt858 ar Uvoatensd rele8se of o A�rdous waste ar eubs�nce on the � . .
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<br /> � ` � � proper6es. Ths provtsbrt3 of tNS secUOn o!tt�g Oeed ot Trust.U�d�fg the oDltge�tlon t�tndemNh.shell ssuvtv0 tt�s Osymenl at tt� �.�< ., ., .
<br /> � �< inQgDl¢dnoss en6 t�e 9tt55fEC�on and reeonveyarse9 0�!hD Rsn ot tNs 088s!of trust end sReU�O!ba 8fteetad by LenQot9 ecquts!Uan at airy . ,�• ._ .�
<br /> ` � i n t e t o st ift!he PrO pe R y.whethet b y tOredOSUr9 Cr OtDetwlS9. F-}.
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<br /> ",4., N�dsente,lNesie. Trustar shaR not cause.eonduct or permit any nuisanee nar comm(t,permil,or su8ar any strlpAing of or wreste an or to the `-_:_;__='_-___
<br /> • ,h Praperry ar at►y portlon of ttt0 PraDerty. W+tAottl GrttiW�g ihe generahly af th�tOregdng,Trustor wDJ n0t remove.ar grard to arry oUier p3rty the
<br /> . •- `� rtght to remove.arry timber.mtnerais(nduQing oQ 8nd gag).So�.�a v e i or ro C k products wAhottt ihe Rtfor wrftten t�oA5en1 Of tender.
<br /> .,.,:�".. • RemGYn!ot tmpravemerits. Trustor shait not damofis�a cemo�any tmproveme�ts irom tha Reat PropsRy withaut ths prtor wr[tten eo+tssnt , � :..�._..
<br /> ,: ; ., ot Lender. AS a candrion to the removal oF any fmprovements,Lender may requ�e 1'nntor to make eaangsntems satisiactory tu Lend�to ;;.�::,. ,
<br /> . rePSaee s�tch improvamerits with improveme�ts of af teast e9�al vatuB. r�- .'•;;.,� _:.-.::•,
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<br /> , ,:.i."�i L�rt�eYs R1gM to EMer. Lender and�agents and wpresentaUves may enter upon tt�Rea1 PrapeRy at aQ reasormtrie 8mes to attend to - -; .•
<br /> ,:;;t� Lertdar's irdetasts and to Inspect tha FropeAy tm p�aposes of 7rustofa eompAance with the tem�end cond�0as of t�is Q8a0 of Tna�t. .
<br /> ..'v Gocngile�eewith Govttumta�RxqutremtaRa. ?rust�a h a u promp t t y eamp l y w i t A a ll i a�►s.o r d t n a n c e s.a n d�e g�G a 9 ons.naw�hareaRer in :i; j•:
<br /> etfed,of a0 9ovemmenffif atittror�apP�bte to the u�9 ec occuRancl►of!hs PraO'�Y. Tn�stor maY contest io good faAA anY suct�taw. � ���
<br /> . . -� �:�;S �d�nance.ar regulaSon and w�hhotd comAGarta�duciRB+ury Proceemng.lndudtng eppropriat0 aAPeals.so tong es Tru.4tar rte�eat�ted Lend�r � ;,!� '-j=�
<br /> �� in writing pdor to dolrtg so and so fortg as.in Lsndsrs�e►e apinion.tender's Irrteresis In thg PropeAy are not jeopard�zed• Lertdet may requlce :'�s:::�'
<br /> ` Trustar to post adequate securily or a sttr�t�ttcrtd,r6agonahtY satistactory ta Ler�der,ta proted L.ender's inferes�. .',�:--'��r:Y-:,.
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<br /> . . . Oary to ProOeet. Tiustar agrees neifher ta sbartdon nos taave unattended the PropeRy. Ynat6r s[raa eta ev atl+�ecls.in addlBart�o thase acts �.�-:.-•�.�.; - -
<br /> . ` Set toM 8bove in this 59Cbca.whiCh trom tha ChflraCt9�and us$of the Propertyt ere re�sa�ty�to prol�t and p�fRe Propert�t• �'t:._``:;':,_... -�--_-�-
<br /> � .-.,_, QiiE ON SALE-OONS8i7 6Y L�UC�6i. Lendef mBY.et tts optfai4�are iRtmedl8tery duO attd Et8ys61e&li giR�s SsCUrr3d DY 9RLs Ql�d Ot TnAt -�,.i�; . :,
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<br /> ., upan tha sa[e a ba�r.wi�aut the Lendsfs prtar wrttten�c�ag aa ar erry PaR ol tRS LRCanJ Fc��t.or ac�y►i�darsst he 4ho Pi�at ProDetY- A ' 1�= t' --
<br />. - 'S8f9 Ct tf8115t8r II183[iS fh8 CO(N87►8I1C0 O1 F�LBj�QP 9RJ/[f$fI�5$Q Or f�t tP18t8IM.Wh8`(�`!6f[Bg84.ElERE�tCf3101 BQI�(L'',�uRf�[C3YOtt1'([�BfY t,t r }�;r��j,s.�s*�:�-.
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<br /> _ .:� ,'_:�- o.uivotur�ry:wtre�ev ou�lght sata aees��c�is earrasd,ra�a co�.cor�act cor Eaea.tea�ehaca trter�st,+ran a cxm�stian. _ ._..°.:-°�=�---
<br /> ' thre9(3)Y�.�D�n conLad,or bf sgle„�'�ar Ae�r�ai ate�y L'mr�aA�ds!inieiest Iri or tn 8nY rand 4tut hotdm9 tr�s tn Che�f�el: _ ,� =-
<br /> . . . �•� �A�Y.or Oy ary ather method flt conveyanc�af�1 F�rcpc-�in� L�&r.�Trustor ts a coryaratlon.ParM�sYdP ar Gms�st t�4c'�l ca�C?k�y;. . -�--
<br /> � ha�rs.`dr atso ir�etuQes am►chan8e in owne�sNA e�ar�tP��..Fve pe�nt(2596)ot the voUrtg stack.Varfiership i��a- d 6anQdy �.+. �
<br /> ' � `�� ec.�'r�anf►inffire�,as the Case may be.of Ttust� li�sr�f�dptlan sha1F not be ezareised by LeaQer H SuM exereise is f��t�Y�� �_ • °=
<br /> • �; � taw or by Nehrastc8 faw. • . '� _-
<br /> TAXES AHD UEti9.Tho foQO�ving provtstoas n�tet5c�tf�Eze�and iter�an tRe PraPeAY ara a part ot Mis Deed W TnisL . .. , :�--�ri�-
<br /> " ` ..� �''¢ • PaymCnt Trtistar shafl pay when due(and aa a�3 svet�ts pr[or to de4nquency)eD f�es.sPaCial fexes.essessments.ehar8es¢nelu�n8�ratB► , r _-
<br /> >�E r .; .. � '�snd sawer�.fiaes and tmpasiUOns levfed aga3nst or on eccount af Uig PropeRy.end shatl paY vrhsn dua eD ctslms far wolk Q�e an�r ia -
<br /> ` �vjces rendared ot matetial flunlshed to @�e Fraperry. Tri�stor sAaO mefnTaltt the PcopedY Kea oi a0¢er�a having pdority ovpr dr e�l��+a . . . -
<br /> ' � u�eesf¢!lend�under thts Deed ot7n�t.exospt tar the Gen of�Ces and ass�smerds aot due and except as othen�t.3 pc�m�R�n lfas¢�6d �; . °
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<br /> ,f�f � 1�t"�TYs;,�'ppiirsgat. Tnutor may withhoro paymerd of any�4 asse�menk or ctaim in connectlon wtth a goad fattA dispute ar�'i��l�a•;
<br /> '�yz j��sr�{c1J�j tt�LendePs Interest tn the Properly is not jeopardized ti a Qen adses or is fled as a resttlt of nortpayment,Tn�stpr 5'��/111�1r- • . ti
<br /> � ., >�.q,�7',' - �ii�h�f►,('�,•�+,�.,�t�,-.'�r the Uen arises o.if a Ifen is filed.wfthin fifteen(157�a4er Tnistor has aoUoe of the 5ting,seeure the discha. i��,i:�?; , _ ;
<br /> ,.;�O t n;•br�f i�q t�d b y tsnder.de posit witA Lender cash ar a sutfident eorporata surely bond or other seCUrity Satisf�dcrg to Len���tqp r
<br /> • ,_•:i.�,•,;�:sbunt suHtdent to diseharpe tA0 Qen ptus any costs and s!l omeys T Aes ar o t het c�a r g e s t N e t C o u t d a c u u B e s a�e s u l t t�+�.f c s o d�+u r e�o r s a i s —
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<br /> — �• •vnder the.�eri. In er►y cant�l.Trustor sha�l defend[tse3�,itender and shall saU51y any adverse judgmerA b6fore e�srert a9atnst tha �
<br /> , �''r � ' Ptoperty.S'�tcr shatl name Lender as an a4Qitlonel ct�i��d6r erry surety Oond fumished In the coMest prooeedlt�gs:.::':. -
<br /> Ev(�an��ft�lymeM. T�sto►she0�cr.r.�r�nd furc�#if sia Les+der sa�actory evldenq ot payma�!ot tha taxes or�msnts and s� — .�`=:
<br /> i. ;;.: ,• sutAOrize f$t�W�ProPtiate govenfnienfat+alti�{r�;ls E�iv�.tc C,¢rd�ar ai aisys tfnu�:a vrtitten stateme�ot the t�ces and ass�smeMs a9s�nst tha � �r_
<br /> . "r'�,`1 � � f$OPeRY: ' •,'• ,. • � � • • : � ,•' �'u'
<br /> ra .- f, ,, •tiR�tl�e ot Conatritetfsre..�ioai�brst�.a3l ncittUy(�8hder at 4�t��1'�iBri(1s�Y�qf�,�ladi�a�s5n vuvA.is commenced.erry sme;�.e�tAmished.ar any �,��j ; .�
<br /> ,;',,.�,� , y4� , . , i ..�a`s.�rs saPDOed t0�l:i�•1P.t�jRettY.it�tv�m8Ch8n�8��'�n,mat�'a^�'��e r,�r zi1�r,Cen coutd be esserted aa�m„ae+�l.of tha work. --
<br /> Y� •I.r. r�Wi�t�rtratertatg,.Ttustcr w�l upon S`w�1�i3f LenOer tdmsh to L�:a����da3r+r�s satLsfaetary to lendet Y.�'f�i9sr c¢.�a72 wW � � --
<br /> : {� {{� 3 Y'' . " ���pay�im�:r�'�uchimprovements. � :�•,:�:�,�•, � • . , ; , , ,,' . . . ,r -
<br /> ..:_ _.�.�. ��.f�t 9.'� PROPEF�IT/�t►1{K'�TE tNSURANCE.Yhe foUOV��i�'�+fstaas tai�fl�to Irtsuringtfl9 ProO�f►are a Part of LR�I71�i�`$�tt�t.,:� �• . •` ` v
<br /> ` Mainten�Zrct�of tnsurat�ee.Trustor shatt y�ra:r�a_ar�rra�l�1�Po�cles ot flre 1nsurance with 5lanQaM a4l�s(3ts��'e�Sa�r.dersemarftE;�,a :
<br /> " �' � replaoement OaSIS tor the hdl Inswable vafue pr'�rnT'ht/�r#vemenb on the Real Properly in an amoU�!3��:. 'a,�nr�ap�licaBon ot any
<br /> � �< <. �,�. � . cotnsurance ctause,and wqh a standard mqr�d�J�}hs favor ot Lender.together vulth suci�other f�ct3.b Qa�'t�sttrenae aa�enQer • ' ir =—
<br /> ,tr.` ` � may reasanabty re4utre. Pouci�shatl�er+ir�isterx.;n�kcrosi,:E�'nounls.cevera8�and basts�aasonahty��.h(e 4o LenQer and tssue0 by a �.w;
<br /> � .'� Jr�. � ' ' compan�i��sompanles�easenahry acce���_rt C�� �����Aon request of Lender.wtll dellv&r��Il�;��Ser from Nme to Ume the potldes _ _-
<br /> S � Q��, or c�f���ot Insurance In form sat�':rz 19�,f�+duding stlP�a�ons that coverages wUl r�ct!ti�r�.seQed or dlmlNSR@Q without et
<br /> � +y j ;, `f��j. tesst S�?'C��Yg�Ddcr wrlt{en notlw tQ 4�`_ E���sw�nce Po�f►atso shau factude an enda�se���d�ng;ha!Coverage lnfavar of -
<br /> „���' � �s7s� 4�''f�� ,i,and�s uiW�h be Irt�a.�t�+n any way bg¢T•`P aCl,ar�s�qa!�detault o1 Tnistor or any other person.•S[ra�P�oII�Cg•rs.Ixated ln an erea
<br /> � to oDteln and
<br /> ,trt���f i � r� L'� - dc�S;g�k Us,R xRA Oir�tm�:ck tRe Feder3t Emer9eaaF iKti��ement ABBncY as a$D�Qood ham�d ere8. Ti7151'dNt 8$►(�S
<br /> r., : 4 '' � •m-.tc�+ ifaa}f�i,Flpod i`ra�3uta:�ce for ttt0 fTEI e;ePald O��a(attce ot the losn.W to ths ma�dmum poECy dmits sEt ynv:�rCllr�National Flaod ; •
<br /> � ,r�: t�s8�va5s�.a�fls oN�v�A r�R�lender,ma�t io malntatn stiCh tnsw8nce tor tho term Of tt�9[oan. • .. .�,-•.• .
<br /> �' qpplt���afrproeeeds. T�ustor shaR�m�apinY netify l�nder of arry loss or damage to the Property. Lendts may makbp�uai ot tass tf TcW6fdr °�
<br /> . .. ',:.� tails to dJ s��ithln fifteen(tb)deys of ft►e� v�lh�er Ot n0t Lertde�8 Security ts Impaired.Lendef may,.�t I�ct�tan.�wiyaa�!�iLlit
<br /> :t+ the roceeds of an Ir�surance and epDCy flsi�a�ed�s�Q�a reduc9on o!th0 tndet►tedness,paymerR of ar�y+ten�fi�ctihl�il�PraPr�`;,ttt�u�e .
<br /> . ..�, �estoreUan end repatr of the Property. It t.�ndi��So sDAN tha proceeds to�estoratlon and repeV.Tnstor.sNmlt+�r ar cep�tno ., •
<br /> damageC a de5troyed tmprovements Irt a mehner 's�aqary to Lender. lender shall,upon satlssfactory proot of e�rdhmq,iendituro,pay or • 4 .:
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