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<br /> - 09�Oi•.199� . 9�'°�li���� DEED OF TRU�f' Page 4 � ` .
<br /> .. � LoBr�Nm 76t343 (Cot�tlatuetJ� �' ` ,"
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<br /> �. o � ae�9�aced br�ns o�o�ot�ne r�ea«a�Eme�ener�anagen,eM a�cy as e s�eda�nooa na�e erea. Tn,sto�a�rees ro aeia+n a�a E , . _ . ;
<br /> •.. . � � ma;niatn Federal Rood tr�sutanoB tor ths tuU unpffid Pdrtdpat 0elanoa of the Ioan.up to the ma�dmam paticy Um[tg se!under tAe N3tlonal Flopd ;
<br /> � tasurance FrogrBm.Or a9 otherwlse�e4�8d bY Lender.Bnd to meir�in sttCh insuranCB tar the term af the loan. r .
<br /> � � AppIlettton Of ProCeMa Tntsta sha11 PromA�Y notiiyt tender of anY toss or demage to the ProRedY. Lender muy make Oroo�af tass rt TngtGr f �
<br /> . � W � (aits to do so within fdEaen(tfi�days o!tAe easuaRy- Wheth�ot no!Lsnder's seauib is imPaire0.Lender mey.at ds etecti��.aeeeive and�eta�n 4 ' .� .
<br /> a �a+ the prooeeds of eny i�uuranee 8nd eppy fhe preC�eds to Bt0 tedueQan o!fne tnQebtadness,payment ot any Gen aNeeting tt►a PropeRy.ar tne [ . •
<br /> • �E �•`� a � restaralion end repais at tha PrOps�ty. It Lend�d2ds to�p1y thg praoaeds to wstoration and repah.Trusta shaU repav ar repiace the , , • .�`
<br /> ��� ` damaged or QestroYed(mproveme.�ts in a rtsanner satistactary to Lendsr. Lender shaV.upon satisfactory P���sueh e�endRurersQaY e► � •
<br /> �. reimbu�se Trustar from ihe praoeeds tor tAe reasonabta eost of�eAatr cr restaretion U Trustpr is not in deFautt unCer thts Qeed ot Trust. Any �
<br /> _ _ . .:j � Rmeaeds wrh6�+have not been d�s6ursed vr,Wn 180 days aftar thair rec�pt and which Lsnder l�as nol committed to the repair or�estoration of =----_ , -- - -__
<br /> ttie Prapesry sf�sD be a�d fas!ta f�Y�Y���t4 Lender under thts Oeed W Trusf,then to pay aarued interest.end ttie remelnder.It :
<br /> � '�, any,ShaU be applied to the prindDal balanee of tha IndeLtedness. H Lender hotds airy prooeeds after PaYmaM�n fuA of the Indebtedness.such ; .
<br /> ' , proceeds shaU be peid tu Tn�star as Trustofs inte�ests maY gPP� �.
<br /> :t _. . ifie�(r8d Instetrittee ttt S8T0.Anyl une�Ued UistuanCB sha0 inure to the hette�of,and pass to.the Puret�asar af the PropertY eovered by thLs � .
<br /> ' . � Qeed oi7rust at airy husteBS sets m ather seie hetd undar the provfstons ot this Qeed of Tna1.or at arry taredosure saJe ot suc�ProFedy � - ..- .
<br /> � ' EKPS�t01iURES BY LEttQ�t. ff Tntstm fa�to eompty with enY Provis[an ot this Oeed of Trust.ar It anp action or proeeeQin9�s cammsnced that ` .�.-�---." . . ..
<br /> ,� wp�d mate�iau�r affact Lendets i�ts tn the Propmly.Lender on Tn�sMPs behait maY.dW�no1 be reQuired to.ffike arry achon itiai i.ender .
<br /> deems eOPropriata. AnY arttauM that Lender eYPends in so daing w�bear inteses!a1 ths�ate prwided tar in the t�[ote from the date incurred a Oait1 , �
<br /> , r`�: by leader to the deta ot reDaYment bY Tnistar. AO sad►exPeases.at Lender's apUor►.xrtU (a)be Payabie on demand (b)Ge added to tlsal�a!ance ;�"_. ..'�°;'_
<br /> uf tna Note and bee�P atioc�ad emon8 and Oe payabte with arry insta�mer►{paymerds tv b8came due during either ()the term af enY ePP4�6t8 �: r- -
<br /> �` InstIIanco PaGcy as (u}ttta rentslninS term af tRe Na�,os (c)ba treafed es a Oalfaan paymeM wt�ti w�11 be due end payab(a 81 the lYat�&mehaity. t
<br /> � +Y. h shall be in addi�an to any ather rig1�a any ee 'r.—
<br /> fh�' � Thts Qaed of Tmst atso v+�S�e Rapinen!of thess amouMs.The rfgAts pcovtded tcr in U�s paragrap � __.
<br /> :.,�,a [ . cem0�3 to wNCh Lender may be eN#YeA on eoCamit�f ths�Pnr snCh ac�4n by leridar sAaQ aot 6e consbued as auing the d�aiAt so es to _ �_
<br /> .i',,�:.,�;r�:�`�'��t.� 4�LendEr from eny►remedy tnat a c'1mrorlsewaut3 t�ava Rad. � > j s`-F�� _
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<br /> �'`::s WARRAHiY:D�dSE OF TIl3E'�te tqIIOwing D�cns�ei�n9to Otm�stdp Of th9 RoP�Y ere a 08rt at Ws Oead of Ttust `
<br /> r' . TiUB. Tr�Stor tY3trt�5�at (8)TtuStOt hot�s B��8nd meikefebie 6Be oi t+eCOrd tD the PloDerlY in fea Su1tA��ft88 8nd t�eet of eil GenS end � � -� ��:;,��
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<br /> •�; encumbrances other than fAOSe set toM in the Real FroD�1l QesaiPUOn m in a�ry Ttle tnsutance P��f►.tiUe�ePmt.�8na1 tiHe op(nion issued in ' �__::�.� �_
<br /> ;�., • tdtlW Li.end aC08pl9Q�by,LEftd�in COtttteskOn with WS�88d Ot T�ttst,et�d (b)TtuStCt haS!he t161 rfgM.Power.end fluth0['t4y t0 exeCUte 8nd � �: �
<br /> ` - deLver�Is Oeed of Tcetst to Len�iBr. ° r�"I�
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<br /> - Qetense ot Ti1te. Subjed to 1Ra exceD�on m the D�S�Ph above.TnaKOr wa�rants and w�t farever defend tne 4'Ue to the PropeAy agair�st the ��
<br /> ' lawtul ctaims of s0 peisons In the everA anY actian or prooeed�ng is eomm..cmed tl�at qumtior�s Tn�stols tiGe or the ir�teresf ot Tnutee ar - �� '-°
<br /> ' Lender under thfs Qeed of Tcust.Tn�r sAaD EefenO th9 acUon at TNStot°s exaer�so.Trustor may Ee Ure nomtnal R�lI"m sacA procead'mg.Cut �''�'-'
<br /> - LenQer s�a0 be entiSed to paNdpate in Uie proaee�ing and to be rear�'fn the praceed�n9 by cotmsel of Lenders own chotce.an� `• �;y�,"`�
<br /> � . Trt�stor xriU Qelaer.or rau�to be QeGvere�to Lendersttcb irutntmsms as�'maY�e4��m 6me to 6me to P�d Such PaN�aSOn. . .
<br /> that the Pro e end Trt�sto�'s�a oi the Propect�l compGes witA aD e�stin8 e0pf�abte faws, � . �.. ' E`
<br /> CompUance Wtth taera Yn�Or wsrranb P �Y � , � �
<br /> . ' q�I18t►Ces,S(Id f89W8U0t�S Ot gOVBt[Irtlertl9l BUIhGiItrOS. . :.'.1.5_�.
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<br /> - ' CONDEh1P1ATtQfb.Ttse to�mvhrg proviSto��eta�La oondemnaUon prooeedngser.s�Aert ot thLs Oeed of Tn�st. � ;�`�,� ;`
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<br /> A y pD�aScn cbf;txf�i�rOeeeQa. It eD a e��.►u�rk'�f th0 Froperly is condes'��i�y eminen t Qo m a h t p►�o r�E Y e o Y P c o c e e d n 8 or 1�5�'"^_ ;.
<br /> ';r� . a r u o n M t n o n a t ppoce� '':;�:; �•. ��s��+•�':
<br /> d i�B a w a r a h e e p p H e d t o t h o ��:c.E;�r
<br /> .. ,.,; OurchaseinGrar.d'.andemnattoe.lender�ru�jt�ftsetectlonrequtrethale4cKmnYi� ,�•;��j.. . :,1,'----.°..
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<br /> :,. Indebtedness cfi:tY�e repafr oc re�mai�cZ.i�,"+�'s FropeAy. The net prooeeds dF�d��i+rard sh�maaz�the avFa*��"er payment of a�reasonabis :i,;�yFx?Y�x .'�';
<br /> • ,,:;� casts.e�er�,;:�^•d attomey�fees;re.�u.^t�ti�ty Tnistee or Lender in conner.tia:r,`t�the eovdf�qsr�soo.' r�c��'. .. .
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<br /> - . •� pme�aga:4fi"asfyr ProoaeQing in cond¢mi►�1on is fited.Tnumr shall Prom�yi 3ati�Y Lend�iiTi!�++�6n9�and Tnator shall pmmpUy take wch , •:s
<br /> _ _ . .�,.�f•� steps as maf 9:x�, to Qetend ths e�us an0 obtain the award Trt��r r�y be the nortdnat party in such praceedng.but Lender sAaD ��a �,• =-
<br /> - - . � b e end'�E}�.. in th9 praCee�n9 emi.tn be tgpressnted in ths praaa�n9 by eounsel of ifs own ehoic¢.and Trustar wiU deTnrer or , ' J. .:
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<br /> cause to Qe t�Fcrered to LenCer such InstrumaMS es maY be requ e s t e d Oy c�'t c r s i 4�n e t o fi m e t o p e rt n i t S u e h p a rt i N p a S o n. ; �-
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<br /> ' ItdPOSti[Oi�l OF 4'W�S.GEES AND CHAAGES 8Y Q O Y�I O�'L F l A L A t J i F E p R t T 1 E S. T h e Po D O V r fi g p r o v l s t o n s t e t a U n g t o g o v e m m e M a i t a�c e s. i�, .,.' ��
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<br /> fees and chzrqe9 ere a paA ot this Deed of Tnst " ;�,, :�•`:'�=
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<br /> ', :..` 'q�tz�tR�Tmcas.Feea Zrtd qua�OS. Upon reqaest Dy Lender.Tn�stor stiad e�aeCUta suct�documants tn addrtian ta this Oeed otTrust fln0 take :.sY �r,
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<br /> ` � � ' whataver ct!v�BcUOn ia reque5ted by lenQer tx podecl and corrtinue Lenders�en an thfl Real Property. Tr.�she0 reimtiurse Lender tar a0 �� ,�r:���
<br /> � .. y,'. taxes.a s d e s�b e d b e t a w.togetA e r witt►aD w�enses Incuned in reoording,Oe�ectlng or cor�nutn9 tht�iJ.a�3•of Tn�t.Indudtng without :�,,,x.?' ,�—
<br /> f � . � fimitaUon atl taxes.te�.dacumer�erY stamps.anrt�otAer chaBas for[ecardin9 cr regfstedng this Oeed of Trt�st . 's 1,".; ,.,----
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<br /> � . : • . TN[e9. The faftowlrig st�eo�stitute ta�m5 W wh4eh this s�HOn eppQes: (a)n spaci�c fex upon U�s tYDe of�+ead o!TrusY or upon atl or anyr , ::;,.:.�,,.•_
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<br /> , :;r.... part of tha InQebtedness s�st�sd by tNS Oeed of trusfi (b3 e sDBCiflo�t on Tn�stor vfikh Trttstar[s 8uthodzed or requtrBC to dedud irom trl'"�'��'.�;.:.. -
<br />- �- �`� -� paymerRs on the tndebtedrtaas9aeured by Uds rype W O�d of Tcus� (c)a t�c on this typo ot Oeed ot Trust ctmrgeaEte againsllhe Lender or ��'� } •
<br />- � the hotder of tA9 Not�and ;��a spedHc tex en eD or any port1on ot tha IndebteEness or on paymeMS of Odne1pai and interest made by • Qj}}t�Q•,:� , . -
<br /> • TnisfOr. . ..''.1�� 1' . _�. -
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<br /> . ..''� ! gupsEQuEnt Tmtea If anY tax to which Ast��ctlpn appB�Es enacted subse9uent to the dafe ot Ws Oeed isF Tnist.tNs eveM 5ha0 hayo tt� ,
<br /> � t same eHSCI as an Event ot Oefaidt(as�.�d beiaw).end lendet m3y ezercise enS►or afl oi its ava7abt9 remedl�tor an Event ot Detau�r� ` ���:•
<br /> �qroviQad betow uNess Tnistar edhsr (e)�me�1Aa fa�c before ft becomos deSinquent,or(b)cordests the�as provtQed eDove�e the Ta�c��rdr �,,,,. .. •�; :..
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<br /> , f itier�s SecUon and Qepasi�wfih lertder�°n cr e suf6ctertt e�sDe�ete s�ueiy bond ar ather securily satisfactorSr to LenQer. '`•+!� r.. , •-
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<br /> °� 1 S�C[iRRY AOAEEMFNt;FINAP[CIHt3 S�A7i�At�3tid7S. i4te to4owln9 Drovisiot�retaNng to this Oeed of Trusl as A SBCUdh 89re�retA arA a pett of .:�,�:, _ :
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<br /> ; . . • � itts�eed ot Tru�1. _ ,��YC�:
<br /> ',i - ' ! ,�e�ufltY�a�men� TAIs instrumer�s'w..i T 4�r s t l p r ta a s e e w i t y a g r e e m e r d t n t h e e�R e n t a n y o f t h s P t a Q e�t y c u r�e s taRures or other ' •, .��.��--
<br /> �,� ,t�,.{ � �OrtaS�rC^�Ry.artd Len,d�r.st�aD have aD ot the AgA�af e secure0 paAy unde►Iho Uniform Commercial Code as amended irom tlme to } i�.:.` /{ :-'•,•.�
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<br />--:';:��':��: Security►� �1Port tsG�t Dy I.ender.Tnutar stiall e�ceeute ftn�ncing statem5nt3 and tak0 wAaLever ather actlon b requeste0 by Lendor hstts;d� .
<br /> : . i to 0��'��ntlnue LenQePs security irrt.Qrest tn iha Rerrts Md Ferson?J PrapeAy. In addrtion to raeording this Oeed of Tnislln tAa�aei•' - . .. .
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