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<br /> . .. f. PayirseMa.Bo�rower a�aas#a make altpaym erts on tho secwad debs when Eue. llydass Borrower�tender agres ott+erw,se. any
<br /> .. . -�� paymentu lender recehras irom Bortower or far 8amwar's 6enefit wdi Ee ayptied Tirst to arry emourrts Borrawer owes on the seaue0 debt ... .
<br /> �. excRisive of i�Rereat or pdnc(pal.aecond w interesL and U�en ta prineipal.H partial prepaymeat af the seared dabt accurs far any reason.it wiU
<br /> rat�edu�or e:wsa at�a�e�uted paVme�unti!the beaured da61 is paid in 4ull.
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<br /> ' • ` 2.Ctdtn�Against TitT .Bartow�r�pu(},pay;a0 texea,ataes�msnis,and other chargoa attri�utabta to the proparty,wASn due and will defend tiUe _
<br /> � to ttte propeRy 8�g�a"1ty al8uns y� �tna�en ol ttlis Qead ot truat:tenQer may tu.quue Borrawer to assign any rights.deims or -
<br /> . r defensea whicT�Borro����i�5s�2�as vu��DN labor or matereefa to improve or mau�tain tha DraDeRY• ' .
<br /> • ;:�:h:i.aJ.i:.�.. •. v
<br /> � 3.u�surence.8nr►ow tl�e�operty�'if1 at torms aaceptehks to lender'at Horcower's�expm�se an0 tor�endePs benetit.AII
<br /> ''�' ins�uanee poC�es shall i�ec[uda a standard mortgag�clause in favnr ui Lender.lender wiU tse named as tos4 payee ar as ihe insured.o�any sueh '''_ ,
<br /> insuranaa poGcy.My tn5urance proceeds may 6e epplieA.within Lender's disaetion,to either the restoretion ar repair oi the damaged praperty .
<br /> • ' , , or to tho secivad dabt.lf Lender raqu'ves mortgage mswance,8orrower agreas to ma'v�tain sutfi inwranca tar as tong as Lender requires.
<br /> -_ �Yj1„`,f?; 4,property.Bmtower vwll keap the property io gond eand'itton and make aU repaha reasanahry nerassary. �
<br /> � ot w��yi�in any oti gu ato�i�sewred by U��isndffed of uus�Bmmrowei��nnli����a�'tees.if 8anowar 6reatw arry covenants in this deed �
<br /> pay thesa emourtts m Lender as pmvEdad in Cavenarrt 9 of this deed of
<br /> b�usi. .
<br /> � �� 8.ihiar Saautiy tnm7eeis.UntesS Bartower fust obtams Lendafs written ca»Sent,Borrower vw11 not make or perm�t a�y ehanges to arry prior �
<br /> . sewrity Ustarests.Bartawer wiR perform alf oi Barrawer's obfigations undar airy prior martgage,deed of wst oc other security agreemes� -.��
<br /> ---- �..,_ . . iactuding Bortowor's eovena�a to make paymems when due.
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<br /> ' 7.Aastaflmatrt af Rmttu and P�aRm.Borrov�er assiSns to Lender the rems and profits of ffie propertv.UNess Bortower and Len�dentmva agreed '�-
<br /> � othorwrae in writing,Barrower may eolt4et and remtn tRe re�as fnng as Bartower is not in def�fi.If Bartawer defauhs,Lend9r..Lendar's ��,
<br /> ` . ' ager�y oi a court appointed recehrer may taRe possess3on and manage tha property and coUect th�cents.Qm rems Lender eoileGs aha(1 De --
<br /> . ..r appUed 8rst to the costs of managing tha property,ineiud'ing eoiut eosis and attameys' lees,cnmmisstons to rentat ageras,and any other `�'
<br /> � ' ` . � neces�ary ratateQ e�cpenses.The remau�ing amount of renta will then aPP�y to paymeRts on the seared deDt as provided in Covenant 1. `.���9;�'%.
<br /> 8,LeeseltWds;CoruJomudsmq;Plmuffid Ilnft QeveSopmsnw Bortower agress to compSy w;ih the provisions e!any leass if,this desd of uust is on � j,°
<br /> a leasehold.I!this deed ot trust is on e unit in a condamin'ntm ar a pranned unit devetoDmertt,Borrower wil)p8rtorm a0 of Botrower's Euties• �
<br />_ un8et the covenarns,bydaws,or regutatlons of the condommium m planned unft deveiopmeirt. . sJ�,,,�_,r-<
<br /> ' 9.Authority of I.end�m Pe•rfarm fn�[3artcnrm.If Bcrrower fa�7s tope tfarm atry of @otrowePs duties under ths deed af trust,Lender may . � �'s ��
<br /> ... _ -. . :,.� parfarm tAe d�es ar c�se them to be pertonned.Land�maY sfgn Boiro►aer's name orpay any amount if nseessary tor performance.t!emr . ." �..;:,t,,:Y�,
<br /> � eanswctian on th0 yrq�tc�ty.is Qiseontinue0 or not c�i�cd 4n in a reasonabla manner,Lender mey do whatever ia riecessary m proteet Lender's s,..�
<br /> • - &eauity iaterest in ti�e�srapert}I.TAis may inc3ude amvq�mtfisg the eonstrucdon. . ` %`�" �
<br /> - -----�;:�-:�- lendere fei(ure to rfam+w+�i Mot dude Lertdw tiqn*�e�ercisir+ an ot ks ntfier under the l�iv.� this deed of trust. ''::�
<br /> Ae O�re . 9 Y tl8hte �4 #r :y�+.:
<br /> _ • -'.� My amouma patd try lender!o�Li�nde►'s seauity interest w81 ba seeured Cy this deed:oi�L+a:ts£.Such amouMa witl be due on dBmand ,,
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<br /> ,� ti���:. pnd wiU Cear irrterest frcm tlte da4a tt��l.sarp�yment uittil paid In fuii at tha interest rate in effect q�sff.g2;;�asned deb�
<br /> t0. Qefault Md Ae�dh.[fr�tttirr�4m iaiis to maice enY Daymeiti wt�en duB.at.breaRe aml�dvertarrts under thtv deed of uust ar eny � •� 8;
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<br /> ohligatfan sewred 6g t�¢'eed u�tti�:t pt arry prior mortgage m degd of trust,,iJnalRr may.acceterate the maturity of the secured debt arnf j.� � n -
<br /> , damand immediate ps�a-.EaL artd ma�ttr;voke the power of sate and any bthsr reti�C�permitted by'appGcabls law. ,,
<br /> � ' �`' 11.6is�t tor NoBee'ot Oeta��t�t�Aereby�equested thai to0ies aL tl�gi notiees of Qefault and sale be sent to each person�xha'i�,a.`parf� ,f
<br /> �r . here�,a�"tl}¢addrese ot each 6tti31�n.es set forth herein.- ...• -: �.. ',• <
<br /> �y�"�`+ f2..�c+�,*tSaT�.tf,�ttz Lender fnr/bices the powet of sa(e,the Trustee 6hati ftret recard in the office of the register of QeeQs of esch `-,
<br /> wRpC�cd±�:e;trust�dr some paiC or p8reel thereof Is situated a notiee of defauh cortatntnp the information requtred by taw.The Trust ;� �' r. .
<br /> � � shztt�:�ait copi-es c,t i�1e notlta of deieutt to the_Qorto�var,to each person who!s a party fieraUO,and to other persons as prestx(6etld by_ - `. =
<br /> � _ ap�:�CSfa.98w.Not les3�en one mnntfi after the rrt�stee•records the nouse of default.ot tw�momhs if tha Vust propeRy�a not(o ertyf, �'; - ,,
<br /> t� " � , irtoor��ey.'d uty or viltage and is used in tarmingo�peni-,ons cartied on by Ute trustor,the Tntstee shail pive pu01iC�totice of safe to the persan$.:�'.�,.,<;. . •'
<br /> P� add i�:ttna:qeanner prescrihed by epa��bla taw.Tr'u�t�ae,without demand on Bortowor,sha11 seil q��.property at pubGc auctfon to tAe highest �-f
<br /> ,��r J�� 6idder.;.l�required by the Facm H ta�b!'rromction Act,Trustee shaU affer the pmperty in two a�safes es�ec;uhed by ay�licaLte faw. � �r
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<br /> �.,���+<; Truscd¢�:�ay postpone sate ot att ar.Q►^.»»�(Q�?Cei ui the property by pu4GC annawcement et th9 tlmy:m;�lifJgaa cf.�►1►previousiy scheduted safe.
<br /> ii,f;J�,��� lendmtrr its desigrte0 maY Durchaseaf.ra�p:c�erty at any sale. � r� ••
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<br /> r rt'��� " Upon recei t of paymBni of tho pric0�id:Trustee shatl deiivar to the pwchaser Tnlstee's QeeA eomreyiirg the propr�qf-The�ecitiats contafned in `
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<br /> �f�,;. r;= 7nistee's daed aha11 bo prima facie e+n�snce oi the tnnh of the statements eontainod there3n.Trustea sfiaD appty tf?�rpraceeds of the sata in the .,ry„,_
<br />_ ,+,,, toROwing drder: (a) to ail azpenses,ai,the sate, 1nGuding, but not limited to, reasona6te Trustee's fees, reasonabis aitamatifs taas and �,<;
<br /> ` ' � reinstatemont tess;lb1 ta all sums seailr,rl by this deed of trusL and(eD the 6atance,it any,to ths persons(egatry entitled to reee'ive i� �
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<br /> 1 �,�• 13.Farorl+y�+re.At lenders option,.ai��3eed of ttust moy be torectosed tn the mannar prcvtdo by apptica6te law for tore¢tasure oi mortgages r ; �
<br /> .��,�� , on teai�zrtyr. ,1._-
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<br /> • 14.inapac6an.Lendar may enter the property to in�pQCt it if Lender g(ves Barro►ver notice heforehand.Tho notice mast etate the reasana�te ;C�,.
<br />��,;..,:�. •„ - eause for Lender's inspection. • • •y-�
<br /> ,F;�+�.� ` � , 18.CendEmnetlan.Borrower assigms na^�estlet�tlifittsrai�seds of any award or ctaim for Qama�ges connectod with a condomnaUon or other taking
<br /> ,��„�`,i� ° .° ot elt�rsny.aart ot the propeRy.S�u�s�sr�.ds aa7L tcv applied as prov(ded.in CavenaM 1.This as.ei�ament is subjeet to the tertns of tury priar _ _,4i_�
<br /> ..a�N. • •� 6eWtttY.�Fi4d@met11. , � -
<br /> � 10.WaFrvui,8y exeretsing any se:eoxyr au�iilante to.4xnder,Lender daes not give up any righta to Ta*_�'use eny other remedy.By not euerefsIng �
<br /> • - :.:,�.' any ralnedy upon Bc_renea-'s Qe`aJt,:Wer.a�r poes�'weive any rlght to late►constter the event a defauh if if haypens again. . _
<br />- ' � ' :. 1�. JoSnt anO.Sa'�szmQ,iLEati{'�'�t;, ers: Sueeesaoro m�d Assfgne BwnQ.AI1 d,�r.:es under Nis EeeA ot wst are joint ane severa�. Any � '
<br /> .•; `� _ , �';;. Bor►ower wfla.' t�nii tfr+s�e�l��sl but daes not en-sign8the undertving deUt insVUmeM(s) does so onry w grent and cotroey that -
<br /> • _ Borrowa..^e 4n:�ir.3�,a.tn�y*cer,�;ro�te Trustee under the terma ot thts deed oi uust.In addition.such a Bonower agrees that the lsnder an0 - -
<br /> �..+;;p�� f � :.1 : �, at�y ogca�r;{��r,,ur:d�;fl�is�!s c1'.tvst may extend,moAit r�ot�make any other changes in ths terms ot this deed ot Uust or the secureA
<br /> - 1��`!• . ..:�r. debt v�itha.�tt�:ze�V/sfo eet�sr;t�(i without�eleasing that Hw.lav�{21 trom the te�ms of tfils deed ot Vust .
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<br /> � 71te duTi�8r.d b�eridils tR:.'Gs de�l!'aP trtist sha(1 Dipdand henefit!P:�Q.'�n:ECessora and assig�s of Lender and 6orron:.w. �•�
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<br /> . �� � 1B.(1taUee.Uniess otl�e�wise reQuUed by law,arry�rd+u�raetisrs B4 rroneeK slia0 6s given by deltvering it or by maili N:4�tir.�nifiae mail adQressed m. '•., �a"';�
<br /> . • Bartower at tRe property addresa qr any�other���xif••.at Bovcr�sq^.S�as�iven to Lender.Borto�ve�a±dl gtve��nc;�ee to Lend�r by eertifis • • .
<br /> - � � � mEit L2 GendePs adOress on page 1 ot�',�s dQQd oi.r,:;r�r cr to ra�hdr address wAich le�der hz��E'sTe�gnII'e�:xlnV b�er noticaa�tw Ers�der sh�•,�!�
<br /> , � . , 6e se�ca�lender'e aQdress as steUeds,�7 7'r7$9 1 0}1tP�tG�800 0f�• : . . • . .
<br /> Any f.�aa ahatl ba Qeemed to havQ I:mEri:�ektp to!?�m:wet o►lerrd;r�J+en given in the manner s�a�Dove.� . � .
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<br /> , .. ., ,:.�� 19.Tranalm of the ProparR/os o L�aue�el(ntL��rbts Borrowar.H eil m any part of tha pfo or arry interueq:in tt is en13 ur cr�ns�emttwdd�;�:..',
<br /> pe�y u
<br /> . wkhout Lende►'s priat+r+r�tten cona�r•L t,enser it�Y.w�msnd immediate payment of th9 seeurad dobt. lender itsey also Eemea��.F;r;�sdfa�Im �
<br /> � Oeyment ii the Borrowrfi 4s�ot 4��g�u�i pe�son�ee.+;f e benofleial Irrtorest in tho Bortower ia sotd ot transferted.However, I.ecs�sna����Y, �
<br /> _ QemanO payment ln th�e'.rov0�ictt�tfuririxl it is profii0ited by tederel faw as o!tho date of tfiis daed Qf trust , _
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<br /> � .i� 20.Rcaaavayanee.WAen the obliga�secure0 by this deed of trust has boen paiA ans Len�ar hns no Wrther obtigaHon to mxiug aQvanees' •
<br /> - � ,; under tTJ9 instrumeate or agreemenC�:cecured by tNs deed of uust,the Trostee shat�,upon wr tesrr requastbv the Lendor,recarryoy tha aust ,
<br /> ' • i.� propEr►y.TOe Lender ehctl dettver to the Bonower,ar to Bonowere suceessflr in lrrtorest,the trust deed end the note or oiher evidence of the
<br /> obtigation so satisflCd.Botrower shell pay anV recordWon ccsts.
<br /> - . • 21. Saeeesaor Tnt�teJ m►.�af Lender's o�tion,may remove Trustea and eppoint a sueeessor austee by iirst, mailing e copY o1 the
<br /> � . suEstitution of trust�e as�e by applieeble ew.end then,by fiting the substitutlon of trustee to�record in the offtCO ot the register o1 deeQs
<br /> - - � 01 eaeh eow�ty in wAich tfie vuat property,o:soma part thoreof,is sihiatod. The suecessor Uustee,without eanveyanee of the property,shali �
<br /> � � � ,` succaea to aD the power,duties,authortty and title of the Trustea namod in tha deed o!trust and of any suceesso�trustee. � ,
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