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<br /> " n DEED OF TRU�T Pege$ ` �
<br />- � ] ��11�1�f1 .; . . • . �.
<br /> _7 �oan l�to 76t (Comtnued} _ �� _ . .� ,
<br /> ooir�sttcenee clsuse.end wM�`a st9ttdsrd mpRgnge9 e��+9§t favor of Lender.teBeUtar witt�Sued other ha�r0 SnR liab�7ityt insuranee as lender °:� .` ,
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<br /> . � may rea.►,ansb�y►�eat�te. P�'it�SriaH ba wriHen fn torm�.amcunts.coveraS�s end basis reasanabry aaePfsAi9 to Lender and issued Ey a , . ,
<br /> . � eprtWany ar comAanIes reasonaDN ecceAffiOt�to Lendar. Tn�sta,uPan�e4u�t ot lender.wdl dedver to Lertd�from time to time the P�� ,
<br /> ar owti6c�s ot i�tstanw in torm SeUStado�Y to Lender.inGueQng stiputatioms t�a��s�aS�s+�nat be eanoe�ed c��minishe8 without at
<br /> � teasl ten(10)�ys pdaE w�tten npuce to tender. Each ir�smsruoa Da�Y also sAaO indude an eadarsemen!provl�ng that caverage in t$vor of
<br /> . L, � tenQer vhD not b9 impaced in eny way by eriy ac�t.ocn�On�de��!ot Trustor ar arry otnet person. ShOUtd the Reaf PropertY a1 any time `
<br /> : . ' I h�ccme IaCatad in an area deslgnsted dy ttfe Dtreetar of tha Fedsrel Emergency Manageme�Agency as a spedel ttoad hazard area.Trustor :;f�.- <
<br /> - ag�ees to abt�in and mainffiin Federel FtaoG Insuranee tor ths tuu unpa�d prindpal ba►ence ot the tnaR�A tv t�e ma�dmum poticy Gmits se1 • .�
<br /> � unQer th9 NBL�ana1 Flood l�urance Rrogram.or aa otherwi59 requlced by Lertder.ertd to mslr�in 5uch insuranee!ar tAe tertn ot the toan- :
<br /> . . � ' Ap�te0ltas�ot Proce�Qa. Tn�stor shaU promptqt notify Lender at enY tass or dams9e to tAe ProPertY. Lende�maY make proot ot toss rtTnutor <� ` ;_•---�� `��`-
<br /> � ��Qo ra+a�thln fiftean(15)days of the c�uetty.Whether or�Ot LBnOet's sectudy is impahed.Lendt3r may.at ils etecticrt,recat�ve and retain � � .;�.-__-',:;;:.
<br /> - • .. "..- �i th�prppgetls of arry lns�uanCe and eADh the prcoeeQs ta the�luctian ot 9ie tndebtedness.OaYme�d of enY Gen aHecting the Arapercy,�tRt+ -=-�.;;,... . -- .
<br /> -- l resta�atlon and reDeJt aE trta Propedy. tt Lender e[�is to appSy tt�proceeds to restoradoa and�ePair.Trustct shalt repaU or r�tace the .,
<br /> aamaged pr d2gtrpyQd tmprovam9cds tn e menner�tory to 4Ender. lender sh'!0.t�on saUStectorY Praoi ot sucn expsndittue.Pall o� ,,, f .'� ,. ` : �. .,
<br /> tetmburse Ttustor frGm tt+e A�oceefls[at tha rsasonabte cost af cepair or restara6on H Tmstor is not in def�utt under thfs�eed of Tnut My _ - ..
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<br /> , ` proeeeQS w l U�h ave ao t b e en d i s O w s e d v r i U i i n 1 8 0 d a y s efter their�aoe i pt end whtch lttndsr has noi committed to the repair o�restoration of _- L- =;z .�'-
<br /> tAO Propeny stsBU De used 5rst Lo pay�►y ameurt owfn9 to Lender urtder t�is Oeed ot Tnui.tt�en to paY eca�ed lnterest.and the remahider.it �:�:.-,. �,.,F.
<br /> � et►Y.St�aO Oe eppl'ied to tlte ptincipa!p2lattee Of!hB Indebtedness.It I.ender h01ds Srty proceeds Bfter PaYmertt in fidl ot the lndebte�.sttdt ,�- • - ._
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<br /> n � PraCxadsshallbepatOtoTrustorasTnbtarsinterestsmaYePP�• �.,; w
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<br /> � '• Un�p'tOd f�tYJUrisICe at S'aie.MY utie�tred ir�uractce shall inure fo th9 Oeneflt of,end Pas.S t r�.�!'t 3�u r C h a s e r o t t h e F r o A e r t y.a n v e r e d b y t t ri s •�,.•,��,�s���F4;r_
<br /> OeBd GtTnist 8t etr/trusteers sate oF other set9 held unQer the arovl5lons ot Uils Deed at TntSt:v:.r�;azl►to�eCt�t2s s8te of sudt PtoP�Y• <.
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<br /> Ei��4!!�S 6Y tETlOEEt. It TnestaF tefts to comP�Y��Y Orovlsio�t at thls Oeed of Ttu�.or�i amr�r�;^a�lp�eding is comrt�etsCed tt�t '.-
<br /> - --T: ; woutd matedaIIy efteci Lenders[�9tesfs tn tt►e Propefly.Lender on Tnesto�s beireH may.tiut snaD�at F:s ss;�..?�!ta-:��Y�?n t�t fs�der -
<br /> ' � deems eAp�eP��lY amou�that Lender expenQsin so desing w7i bear tnffirest at it+e rate Pravide��r i�4'�t5�it3k�:�..`�''4'c�^t�;r�,�ar pald . �*�;_-
<br /> - by Lender to.the date of repaymeM DYTrustcr. Alt such�cAer�ses.at I.endePs optton.wilt (ay De�..,���m.�:i::'����°�'�e batance �
<br /> t o!t h e N a t e a n d b eep D��a m o n 8 a�b e p a y a b l e w i l h a n Y t a s t e f lmeM p a Y R+erds to becoros C:�z��,aLs,.'t�,�Cr�e t�s'es��n�aePPGCabte 4}�E�.°
<br /> .- ' ,� insu�ance O�Y� M iRg ramslNng term o!tha Hate.ar (c)be treated as a baIIacn PeN�e�+i+s h i i f^.wiIltt3>a�auni3sa5 a D t0 s t t l^�',K'd t�s m a h u d Y. �<.� —�-<
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<br /> ' . . • : .; �i ThL�Oeed at Trust e i sa w�i securo paymsn t o f t rt e s e a m a u n t s.7 A a rf g h t s p ro�1 d e d f n r f a!N s p���A be in�tcn to erry cther dghls ar eny ,'!•,', .;4 ,�„�_
<br /> cema6e3 to wAlch tecsder mQY be erfi9ed on eaount ot the defacdt 1Ury sush adion by Lortu:r stx�4 a�«bs cons6ued es ciutn9 the defa�t so as to :. ��3
<br /> � b8t Leftd�from 8try�r,eCyl that d OtAenxtse�x0uid iteve had. � ; � ' �
<br /> af this Deed otTtust. � ��f���'
<br /> � W/iRAAAYY:0�OF TIT6�E.The toUovrfng prmr�lons�e►atln9 to otimeTSNA of fhe ProAer�If a�e�z:part r ��r•�_�
<br /> '�;_' � Tf�Tn�sOOr walrR,ds that (ay Tnstar hotds gaod and marke�bte dUe of�ecord to the P.�pasRir in fee simpta�e end dear at e�►Ifens en0 , �,���$ -
<br /> •,' j encumbrances oti�er than th�e set toM tn the 14�a1 ProPeA1►desaf�an ar tn anY tiNe Ir�auss.�ipnficy.51te�o�,or ftnal Ut[s opiNon Issued tn
<br /> favar o�en0 Bo�Pted bY.Lendsr in connect�cli`e±�A thfs Deed af Tnsgt,and (b)Trusta has�`�e tuli dght,pov�er.and aulhority to e�oecute end ..� ���,
<br /> . � ,..- deGuarfhlsCeedotTn�sltolender.
<br /> ' ' Q�iense pf T1tte.S1�bjeef ta the�rcepUon in the paragraph above.Trustor wartaMS 8nd v�iF fo�ever detend the titts to ttie Prap�ty egatnst the �: ��' •;
<br /> . .. lavifW eTBi�ot e0 person.s. In Bi9 event erry actlon ar praa28din8 is eammenc80 U+at S��?ans Trustor's tltie or ttte latec�fi�t TrtiStee or .
<br /> 1 s n�u r:d e r U d s D e e d o f T n�s t�T r u s t o r s h a U d e t e n d t h a a c 6 a��tTnata's e x Aehse.7ns�:{r+�Y�e�nortUnel pertY in su�i7viceedinB.bN :,, i��,
<br /> ' �-� � Lertdr�sheII�Deu entitted ta DeRtcfDe�in tAe P�eeQing anQ fa 6i4��Irt the P��ng b y cour�e l o f l en d e r s�G w++a h o l o a.a n d •,
<br /> � { • T�ustawDt�ar.or�e to be deGvered.to�ender such ir6tru.^��.�es,�lof+fiaY�eC+ssst irom 8me to time to permit sueh ParUdPatloa •�:;. ``.'.�.��
<br /> , � �. �..1, com 6es wi1A all e�dsting applicab t e l aws, : �y'�°�
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<br /> . .� !tv! COmpIIencE!Wf�1mw� Trustor wartards that the Rropertl�ana 7�+n��sa-0��1t��C?nlf P : �
<br /> F , :;{ ardlnanoes.end regutaUar�s of govemmerdal authort6es. :. . �. ' •: 14�
<br /> :`��, �• ; COTIDEMttATlON.Th9toltovdnSp'�vasio�retaUnglocondemnetina¢jcf�f�aia,$�a:ti�r���.ofTnlst. ;��� �t�� f� '
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<br /> . �na�on o�ca,et�ra�aa::�en o►e�r.a�+o�tna a�o�i��:�ay er�:,�:,t:r�n a�s�►as o�by ar�y.��oeemne or i`'� �.�
<br /> ---.- .--..-�---F..,;j� purC�aseirtl(e��'r�andemcra��lertderm3yatilselecttonrequtr��•BEmreficqpar9ona'f�ttsnetptoceedsoith@8wetd098ppaedtottt9 y } �_
<br /> �. .�:�r tnd06tedness br�wD�ar restor,�ton of the ProPerty. The net Pra.ea�:.'oY award shen mean the awerd at�r paymerst of aU reasonab7� «'. ,;.;-,-_--_:
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<br /> ,'���. : co�,e�enar��a�attomeys'fees incurred by Trustae or len�eJ irtcpns�an th the condemna8ort. ':',:��_,_
<br /> • :� F: p�o��{��, q 8nY proceedin9 in conCemnaUOn Is fited,t'ru�r.spaU OromPaY nutiry Lender in wAUeg,and Tn�stor sha�ptomptry teke sueh ____
<br /> s�spg as may be nacessary to Qetend the actlan and odteln te�aivat0.Tnrstor may be the nomina!paRy In such procee�ing,bu!4ender shaU -.��
<br /> ; t•� miaran6fted to partidpate in the praceeding and to ba repres�tffaB.�r►the praceedtrtg by eounsel af its own choice.and Tn�tos wNl deltver or :� ,m.•__
<br /> � � "� : �, ' s�use to ba 441[�+ered to Lender suc�instruments ss may be ro�ju�St�r9�by R tr�m 8me to dme to permit such peNdDatlon. _
<br /> � ` . �t " `
<br /> IN�qS1T10N Q�'�,����Q�BY GOVERNINE�dy►A�r�Gl�E� The to1loNAn9 Drovlsions ceiattng to govemmental taxes, .
<br /> ��,'{� is�y sn4 c!'.arges�m�a pail at thta Qeed of Tn�,st :,� ' � ' �
<br /> ` f%,t trs �.'e; ¢�rant Ta�s,Feea mt�Chttges� tJPon requesl by LenC�'f�^�rsr�c���CUte such documeMS in eQdtUan to t1U4 Oeed ot Tnist snd�tu��� �*, ,�-r
<br /> P,.`i�°�i • , t,� ematever other BcNon ts reqw;stea by l.ender to petfect and��:�9+•an1�r's Aen on the Rc�:'�'roPerty Tsttstor shall reimbtu�e lenger tor all ��,���� _ -
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<br /> _ ;y;,;7?�: s fa�ces,as d�ed below.together witA ail eo�enses Ine�cneC!hs ca�dr�g.Dededing¢"a�r�Inuing tALg Deed of Tn�t,Includin wiihaut r --
<br /> . �, ' � (tmttaUOn e0 texes,fees.dawmer�tarf►sffimDs,and other chan8es for r�ecocding a cegistering f".�IIeed ot TrusL �.'. `.�v.
<br /> Tmces. 1h9 foUowing sfiail constitute t�ces to whfch this sectlon eppUes: (a)e spedfiC tax upan tht3 tyr�0 of Deed of Tntsl or upon ail or Qny
<br /> � , � � ` �� pari of tAe Indebtedness secured by this Deed o1 Tnst; (b)a SAedflc tax on Bmrower which Boaower is authorimd or requtred to deducl Rom _
<br /> �:,'_:�. _ .;�,� . paymerds on the Indebtedness secured by this lype ot Oeed o}Trus$ (a)a tax on tNS type of Oeed of Trust cUargeab�e against the lender ar , �.,
<br /> ,, . .: {,+ fihe hoider of the Note;and (C)e speci8a tex on all or erry portlon oi the Ir�Qebtedness or on payments o1 pdndyel and latdresl made by ''rr.
<br /> �: •; ",3arta�rer. , ,
<br /> ��`ti'�'�;1' '� '$ubseqt�M Tases. I}any tax to wh[ch this 5ectlon applies is enacted subsequent to the Oate of tAis Deed ot Tnist,INs ev�a?t ahall have the
<br /> , tp�:�. '• ��.j,;�'•. same eNec�ms an Event af Oefauif(es deftn¢3.betaw).and tender may�a�a afi►or eD ot its ava3labte remeQes tor an E�e�tt Ot Defa�A1 as �
<br /> " � ,`�; . ..;,,;�,�`� proNQed t�tua�onless Tn�sta eNher (a)G�Ysltre kv�beicra R be�rorr.as G�litsr�:�ar(b)contests the tax as provided above In tf�OTwns r�n� � .
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