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<br /> , ` . 0�-t0-1998 DEED OF TRUST ��e a G` � . .
<br /> ' `_� . I.oan Mo 792Z00 (CoMtnue�) 9�° �(���� ��.". _ �_- -
<br /> ` ��! ProQerty. Tiuslar shail name LsnQBr es 8�taddtlanai ohIIgse tmd8r etry sure[7t bond flimished in tfie Co�S ptoceedu�Ss. . _,. . ,:��
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<br /> Evi4enoe o!PBymenL Trustar shall upon demand fiunish to Lender satisfactory evidene9 of payment af the faxes or assessm�MS aed sti8T1 � r
<br /> , � guthorize tM_apAroprlate gavemmentat offiaal tp deIlver to Lender at any►time a wrfttert statemeirt ot the fexes end essessmeMS ega:r�i tha , -
<br /> , � , ProDBAy. -. �
<br /> ttoUea of ConsiruetEan.Tn�scor sNall no�ty Lender at teast 56tean(15)days betare anY woAc is eommertwd.an!►�rviees are fumtshsd.or anlr • -
<br /> .. . matertals ar�suAAGed to tft9 AroD�h.d eny m�hanlds Cugn.matertatmen'S 1'ien.�otlwr 6en cout0 be asseRed on aCCOUni of fha w�lc. ..' .:` : .: . .
<br /> y : . . , � seMCes.or matertals.Trtutar wd!upon raqu�t of lend�tum�h to 1en�et advane¢esstuanoes satisfactarl►to Lendar iha!Trustat can 8nd wiU ,,..},��..'u., •:<
<br /> . . paythecastafsuchtmproveme�s. .:.�.�r, •_,�'•._�._..�-`..:.
<br /> - �`' ?itiJ�SiiY DAAAAGE t�iStiitAt2l�.Th8�avdng provi5tos��eTating ta irs�utrtg fhe ProDerly are 8 pert W Ws Oeed at Tnist. -- -- ~_s�
<br /> .. .`n� 6tatntetlanse o}tnsur�ae. Trustor shall procure and matrdatn poticies of fue�nstuanoe witA standa�d e�dended eavera8e endatsemertts on a 'T• .,':�:,.
<br /> . ...�..;::-�:`: ` , .
<br /> a .� r�ment hasls for the full iry�uabie vaWa covedr►g a0 lmprovemec�s on the Rea!Proyedy in an 8mourrt su�ident to awid apPLvvaNnn ot enY �.�'r•, ' . y
<br />' ` ' � .� cofr�anee daase.snd witA a stanCard morlgagea dause In tavor of l.endm,tagatfies with s�tch eR�er hazarA and Babi6ty in�uar�e as Lender � '. .
<br /> ; < �_t �Y�bM t84� PasCtes sfia0 he written in fa�m.emounLs.coverages and bas�s reasonabN aeceDtabte to Lsnder an3 issued by a -.-,._ ._
<br /> comDaaY or comyanies�easonablY�PfaL{e to Lender. Trustor.W on re9uast at Lende,w�deIDr�to Lender from time to.fis.�a,#Re aHc.es ��,. ..,. � ...�.
<br /> ' � ar ce�tificates ot ir�stuaaea in t�m sat�aet�Y to LenQer.indud�ng sHpulatians that covwages wU not be caaaallsd ar dimir�+�;�c�:.
<br /> ` ' •: te�t ten(t0)CaYs Pd�wrdten natice to LenQer. EacA ir�suranse pog�y a�o shaU Mdude an endarsement Provi�ng that eavei�,+a�i��i::• � .... � . ,-':^,;
<br /> - LBnder w�l r►ot be hnpaGed in anyr waY bY 8nY acR omLssion m QefauR of Tnutar or ar►Y ather Person. ShaWd tAe Reaf ProO�•'��'fhna �., c, ,�,_•.:�". ���%:.
<br /> � � br�eoms foeated in en ares designated bY fhg Qiredar oi tlrs federal Emergency Mana9emant Agen�y as a spadal ftaod haa�t'�s�e:?"7rs'inr ',: <`:�. �:, .� �r,
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<br /> ag�ees to abtain and maintein�dmai FEaod lnsurance fac the�tud uapaid pdnapal balante at the foan.uP to t�e ma�Imu.^�r.�pi�fS.�e kY�re�_ '� �� s` � 4 �a,:
<br /> under iha Mational Plcod Ir�amcg Program.or as atliennrt�°squtred by Lender.and to maird�tin such ins�uanee(or the temr�E�,�toar►. 4;� f
<br /> . : • AppllcaUow o1 Ptoceeds. Tn�r shall promytty notity Lerrderof any toss or dsmage ta ihe PrcR�Y• ���Y maks pruo'f af loss it Tiusto[ � ���; < <. -
<br /> faits ta do so within fifteen(1S�days of lhe casualry. Whethec oI not Lende�s sepufh�i+eAaired LertQer may,at its eleetion.�eoetve and retain --
<br /> � . , ,� the proceeds o!any insurance and apply fhe AcooeeQs to tt�e�edudion of the tndebtedness,paymeM of arrp;B;n affecting the ProperlY.or�:'a: . `_
<br /> � ;�g restora5on and repair W the PaoPeRY• It�er Hec's t:-sPpty the proceeds to restoration end tepair,'F�sha0 r�Patr.ar repla�c tf.`�:
<br /> . ,.'. damlged or d�troyed tmprovemertts In a m�mer��fi'.�P Lertder. tender shaU,upon satisfadary proof of such e�er►a'dure,. or
<br /> , reimburse Trustar irom Me pca�eds tar 1he reasanab►e.c;�,�`sQRai�a r�ta�a�on tf Trustor�not in defauit under thLs Caer�e4 T��4+'!y J k'--
<br /> .f�� - :.:�r o c e eQS wi�ieh tiave natb��oursed within t80 dapS�;�r'�ec�iPt and wtiich Lender t�as not commi�ed to the�air+of...,. °t � .. __`
<br /> • .'_ ;' L�ProDertY ShaB tre usad Trst'fp�pey Hay amount owing t�'�nda,r t�der ttrs Qeed oS Tnrsl.then to Pay ecaued Trderest.a�otR��'0 --- ,ti,="��_
<br /> i :arry.shaU 6e appG80 to Ura pKrtciAs!balanoe af the InQellt�ict9�. H Lende�C�+�s arry Orooeeds aiter PaYment in tu0 of the�t��+:
<br /> �. �proceeds shaU Oe paid to Tnistor as T�ustcfs�maY aPA�� .,', � �:; >
<br /> • iJnexphed Insu►anee a4 S2t�;�►Y��e�ired insurance stsL3�nure to the benafit af,end pass ta.lhe purchaser of tAS ProPerfyrruYVbca�;.i4�tAfs . �'
<br /> ��T,.- :`;' OesdofTruStStanytc�t2�a5u1'1�6/0thet581Bhe1dURdBl1�8�lOtlISi0�150�WSOCed01TNb�.�A(818rtyf0f�f'•10517f858i90f5.�£h�.'pefl�t ! • F: �
<br /> 'x�; �w�p�p�{� t¢�otedness. Dudng the period in which erry F�dsHng InEebTadnass dsscn'bed betnw is tn eKe,�{�rmptiamce vrith � ���,_
<br /> amc
<br /> trye�m w�ance provtsions caiitaicseA in tha inshltme�evidertdng sucA Existlng Indebtedness shaU cortstiNte compLanca'ov�t�the tr�suranoe �; }.��r=
<br /> pravtsian.s under this Deed oi trust,to the eMent compGance with 1l�e terms ot Uils O�Q of Trust wotdd cons5tute a dupAeation of insuranc$ �' '��r� �_
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<br /> reqtdremenL If any pmoeeds trom the Insmance becema payable ort loss.ihe provisions in this Oeed.eE Te�.st for d'ivision ot preoeeds 54�i: '� . ���.� — _
<br /> appry o n ty t o tAat portion of the praceeds nat paya6le to tt�e h0lder of the Extsting tndebtedness. . ; �t� _ _
<br /> �3G�IDITUAE3 BY LENOER.. ts.Tnata`taBS to compry wit►.��.t�rovision of this Oeed ot Tn�sf,kidttdng any oCfiga�an Ea,�maintaln E�trg� : � �`�
<br /> ��iick�tedness in goad stand'mg�s�qutred beiaw,or H arry e�.n��racee�ing ts cammenced that waufa matertally afTeet 1.�4�s's�lnterests in the F?B'R�'. ' --
<br /> � � �.'•; F�,peAy;Lender on Trustors Qa'�ail may.but shall not be reqat�s�C7v,take ar►}I ac6on that Lende�deems appropdate. AM1�i�traqnt that Lender
<br /> , - • , �� ,. e�anQs in so Coi�g wiu bear intr-rest et the�ate Provtded tar:n�Ihe'�IVote frcm the date incurred or paid by Lender to th0 clatm Of reyayment by =—_
<br /> � TnJSfor. Atl sudx.�q'".-e�es.at Lende�s eDSOn,wiU (ay be pa}c�a3a-arezt�mand,-(h)Ee 8dded to th9 08ter�ce af tlyd�yate end baa�pDatffaned emorsg
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<br /> � and be p8yd4�wnEh�Y is�staltment paytn9nis to�dCUms due 2E[�ng e+°3+ar..�'t tfea term of anY ePPltcabte InsuretttOErgTOft�cy ar:Fij��tf9 r0meinMg term , � _
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<br /> - . o�Iha Not9.or i"s)�re.�raalac!•:as a baAoon Ca�ma�Yt:wN.i��oz�t he,dac���d�te at the NotB s mat�uity. T��Oeed at Y'�&#�ttso wfi secure _
<br /> pa y m:nt of th�e a�i+r�s.'Y�;�TH�ts provtded tar hf tf�f�s pa.-�grsP��a7��tie�edd'�ton to arry othar dghls or eny remed`es to�{�icA�Lender may be r �- , �'
<br /> � erditted on aecount#'Lhe��:i11:?�nY such acitan by Lender shpl�mal Da crons�ued as curiag the defatAt so as to bar LenQer from etry rem e d y►t h a t • - .
<br /> .. ��:: it OlhF,twise wOUfd tk�;ig'ta� �.. � '_
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<br /> "" WAiiRAHTY:D�."�"c.+�'�1'2'CLE'fhe toltovr�.ig�rovtsiorts retatlng ta ownerstiYy of tAe ProDerly are a parl of this�eed of Tnuf. , + ��:
<br /> , .;`;:` , , free and clear af aD tiens and ;,r `�
<br /> ��f Titte. tnistnr sveiraKG�naL.(a)Tnutor hoiQg good and marketabte tiUa ot record to the Properly in fee slmpta, ,.�„
<br /> � •�� encumbraJtses�►taPr�"ttias�set tarth tn the Rea1 Property destxtpUon ar in the E�astine tndebieQn�s SecHon below or in any tidlA In5ur8nee __
<br /> _x �• poliey,tiile rep4�?.��b��QDinion issued in tavor ol,an�aaepted by.Lender in eonneeUon wtth this Deed of Trust.and (b)TruStN hasthe . _--
<br />-� • -� tu0 dghf,Oa►+ra►.gnd sulhmfiy'to�cecute and deliver fhis��a9�tt Tnist to Lender. ,_
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<br /> �� � .E:.,: Oeten:4 e?fU1la. Subject to tha exceDtion in the parag�Yp�!a$ove.Tnistm�warranb 8nd vnTl forever Qetend ihe ti4e to fhe Proporty egainsllhe •:-
<br /> ; _... '.. tawM ctatcss af�atl persons. tn t►�e event anq ae6cn or ia�xqeedtng ts eammerroed that quesUans Tnut�r"a fiYs or tha intergs!of TnrS�ar ;i _
<br /> � Lender un�ar�t1S Dead of TnxSt,Tnstor steari�detend ihA.�..^ti�n at Tntsto�$ettpensa Tnator may b0 the nominpkpertY.in 5uch procaed�."ig;'•�it , _-
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<br /> . Lender sha110e entiUed to paAtdpate in tha�roaeedirs�antt tp be repre5errte0 In th0 proeeeCing by coun:sa!�ol dend.�f:s awn CtiaiGS:�IIt�d. .� ..
<br />-� :, Tn�stbr wili deGver.o�eause to be Qelivered.to lendar suah�ments as Lender may re4ues!from Ume to Umato per�.:�:�s�o1►p�rt►dGaUd�. . ��S�L�, . `_
<br />_ . . ��+� CompfianCe Wlth Lawa 'T,r�stor warrants that the F�rcp�1li and Tn�stors use of the P►aperty compQes with aI!e•r.�hcig,appltcabie taws, �:``�,�„�. ����:.
<br />,, �• - ordlnances.and regtAa�Otr di�overnmental8�thoriUes. . '�'� � � -�:
<br /> - ' •� " ptISYING INOEBTEDNESS. The toltowing prgrislons eoncemirtg e�dsti�g Indebtedn�s(ihe'E�dsllrtg Mdebtadness')are a parf ot this Oeed ot
<br />�� � Trust. ,�... . ' �F' .. ,-
<br />.�' ' Exist►ng lden. The lier+dt,tR�S Oeed of Trust securing tAe:inOebtedrte5s msy Ee SeGandary anA iateriat to an exlstlrsg Ga�-.Trustw er,�tr�sty ..
<br /> �� � covenams end agrees ta�u�k�ar see to the paymeM of.the�sting tndebteQness and to prever�arry default on such trt��t#idn�s.enY QefatAt � _- .
<br /> _r' ' . � under the insW ments�a�a^�rtg such Indebtedness,or any�etauH under erty security dxumerds tor such indebteQ�se5�: ,,
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<br /> _ ' . Oeta�l�. 'ti Sne�ayment o1 any insfallmeM nf pdncipat ot arry intsrest on tha ExlsUng tndebteQrtess is not made wilhin tM rim9 required by the .
<br /> '� , � note eo�aodn�such InC9btedness,ar c,t�cwS'd a Qefa�At occur unffer t`w�tumenl 5ecuring such Indebtadness and not be cured during eny . ' ,:��
<br /> ltewS
<br /> appli�t��a�edod thetein,then,at tho o��ion af Lender,tha InC�alo9tcess secured by th(s Oeed a9*^i52 St+e�9 Oecortte Immedfetet��Gu9 . • �r'�'r`
<br /> y "�, 8n�pey�ks,8nd WS Oesr��Trust Shad 6��re�efautt. . .
<br /> � �� Gu�ysa�ilte�fpo. Tro21rr,s�'Lip not enter hrto arry agreemer.e a+�'t the hold�r ot any mortgsge.d880 0}tru5t,fl►C�er ta..a'.�t��!El3[eert1�M�iq� �5 vtir• . .
<br /> :., rras p:ta:ty ce�pr ti�Cm��t r,F'.'au!by wAich that agreemacd is rnodified.amended,e�Rert3a3.•R�rertewed Ks�tiaf.K L'Ya 6'mat vn�<R13�ecnso��et ���is�'�
<br />=-- Ef �. idtlrlaV't�L�'J�vAt�p�T CCY'��t3'Ot : i,:Ii.sy>•'�,.. ,'.
<br />= • �; �pnr�. �njgt,xi�t:^a1 rcotfx�.r raquest nor aaept any ttRura edvancas undmr eny SuGh se�:y sgre2�.� E •��
<br /> '�`9 . L.BndEr. . . ��rF�,��'s,,: ��r:i
<br /> � r.; - • _ 5V,o:.
<br /> F � ' �;' G3NDENIt�A4UQEa Tf:e toltOwirtg provisions�g to eandemna�on proceedings aru a paA of thts Oeaa of 1ru5tt• E�. . --,
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<br />- • : ' Appite�tian of Nei Ftaeoc.'d�- It ell or any paA ot the Rroperty Cs eondemnod by emingnt Qomain p�vaeec5ng5 or b�any preeeedng ar .•��.:�• - �r`'"'
<br />- ;��� � � purchase in lieu ot candomnation,Lender may ef its etecUOn require that aD or arry pofion of thg ne!pracee05 ot[t�an��be appl'ed to ihe ;;`,<;�"�
<br /> � - � • Indebtedness or tAe repair or restore6on oi the PropeRy. The net p►ooeeds of tho aw8rd shal!mean the award aft3z paYrt�er.:t ot 81F reasOnahla �,;;�'
<br /> � casts,e�enses,and attorneys'tees int�rred by Tnntee or Lender in connetHOn vnlb the condemnatlan. �
<br /> .'� ProeECdtng9. tt any proeeeding in condemnatlon is�ted.Trusta►sha11 prompUy nof3fy lende►in wrfUng,and tnuto�sfiall promptly fako suNi = :- �' "'
<br /> 4' � � ' steps as maY be neoessery to de7en�the aefion and obtaln thg award.Tn�ter mey be fhe noMnal party In sueh praoee�ng,Dul LenQOr shall
<br /> _ � ; be eMitted t0 peAietpate�in th0 proceeding and to be representgd in ths prooeeQing by counsel 01 its own ch�ce,and Trustor vrill QoGver or .
<br /> � ' qus9 to be Qelivere0 to LenQer sueh InsUuments es may be requssted by it hom dme to time to permlt sueh parttdpaUan.
<br /> -� , j IMPOSRIOH OF 1JU(ES,FEES AND CF�AAGES 8Y GOYERNMENTAL AtiTHORiTIES. The toROVAng provislorr3 re►atin9 to govemmentat fazas. - _ ,- -
<br /> - � . fees 8nd eharges ere a paA oilhis 08ed ot TrusF. �' .
<br /> - Cutrent T+uee,FEes and CAerges. Upon reQuast by Lender,Tn�sier sAall execute Sueh documerds In add;llon to this Oeee o!Trust an0 tak9 .
<br /> � what0ver other actian is request9d by lendor to perfeet artd eonUnu9 LAneePs Uen on th9 Real Froperty. Tntstol ahall reimburse Lender tor eU � •
<br /> ... � �
<br /> =�;± • � taaes,as described below,together wlth ell expenses lrteurted In recorQing.peReetlng or coc�inuing this Oeed of Tnrsl,InduQing�oN � . .
<br /> .. ', - -f rmit,ition all taxes.tees.dxumentary stamps.and other charges tar recording or registedng thls Qeed of TrusL -
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<br /> ,<� Texe9. Tlte fo'lowing sh2ll constdute f�ces to wttich this seellon eppties. (e)e SpeCiflc Ws upon 1hIS type of Deed ot TroSf or upon�o►Bnyl
<br />__ . � peA pf fhe InEebtednass seCUred by lh:s OeeC of Trush, (b)8 speeiBC tax on TruStOr wNCh Trustor is BtAh�ri78d o�tequlred to 6educl trom
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