|
_��:`. zz:�� t::l'I... �r:.li�;.�. .t, � ._ ....kC��3:���•r�F.r:. ji,,i�. . , .. . ::��t�"�`e4�=r M ji�I:��..r ..3,.. ...
<br /> 1'�; �i�.�1s:',�; j '�.,45.�F,'1t___- .__._-.T—._...-.__, r' _ {�' i{�'' . ��';p�G4��cf�1 r t ,C�,��y'�+)GYi�
<br /> . Y (���t R , f�'F` , t� � p K`�'
<br /> ' 1r��- •1':' f ' . , • ' • .,�.'r�'•,' `�f ,t`'S`�i' .r�l
<br /> i t«.� '.=��f'r • � ��'�� 'f�:�' -;,�'
<br /> ; '+;, � . ,••r:'. ...x�
<br /> ' ...:.n.y►iwi _ , . . , ' .. , . . ., � . . -
<br /> - �•� . .. , � . . . .,
<br /> �_:_ ' � ' , . • . ° _ .. . ..:�o M+, �
<br /> .. �� .. � F`���__....—.._...�...._.�.�...�..__._,._.L.�...__."'_�,_•__ �.-...._�.�.....�.....--�_'��'....�.��+---° ° _,
<br /> C : �
<br /> • :
<br />" k � COVENANT8 98m ��Qq�� _�:
<br /> : t �, p�ym�Mi, Banower egreee to maka atl pyymente on tho socured dobt wfion duo. Unless Bonawmr and landor aprea o�orw so, any �;:,,
<br /> payments 4endor rosolvos from Bonowor or for Borrowor's benofit witl be nppilocl ffrst to eny 8mourKS Bonawar owes on tho eocurod dabt �_
<br /> � � exetuahre ot intorest er prinoipat,second to Interoot,end then to pflnclDe�•tt Part�u�p�epaymont of tho aoeurod debt occurs for any reason,lt win
<br /> , not roduco or oxause any pchQdulBd paymont untlf the setured dabt is paid In tuU. e
<br /> .e ��:'
<br /> 2,Cl�tms ApsErtat7'�8a.Borrowar will pay atl texea,aaaesamanta,and otAor chargas ottributable ta tho prop�ny whan duo nnd wili defond titte .
<br /> __, ;.: to the propp�ty aga�nat onY claims which would Impeir the ilen ot thla doed of trust.Lendar may ropulre Bortowar to assig�any righte,clsims or �:
<br /> _o= `- •7� dofonaea whfch Bor¢ow�i may havo c�8e�net part1os who aupplv labor or materiais ta improvo or malntaln the property
<br /> �i:,-`
<br /> �c InsuronnRts�otic�ios�s s�l inctudo a stendard mo�Yrtg'89e clauuo in 1a or o}Lendorb,londe wtU be named osrioas payoa or�as the Insutod on�anY o ch r._-
<br /> a►to the sec1 red dobt�I f Len dorpequ'�e$m oa r t g g o i n s i@ r e n c ejt B o r ow r�a g e e s to meirtitein euch inaurenee tor as tong es Londo a eq i�rea���0� r
<br />.� ^�� �
<br /> "'�� 4.Prop�M•Borrowor wili keep the propertq In goad condition and make aIi repaira reaeonebiy noaessery.
<br /> _'�. g,Eapuss�a.BoROwor agreea to pay all Lender's exponses,Inctuding reasonabta attomeys'fees.if Borrowor brseks any covenants in this deed
<br /> , • � of vurt or in any obligaUOn seeured by this daed of Vust.Borrower will pay theae amounts to Lender as p*ovided in Covenant 9 ot this dsed of
<br /> � vust.
<br /> � 80 u�jty i�n eres{s�Borr�ower�wli oartorm eilflpt�6orro�wei s�obligallo�riseunder anY�priot mortgage�deed of Qtruat�ori otheresecuritytagreement, —
<br />- ', '�� ineludinp Bonower's covenanta to meke peymenta when due.
<br /> 7,pastpnm�nt o4 Flert��d�f�8`,°ol►e�c and ietainttheerenetstas long os Borrowe�ia notpin d�ft.�f 8orto�wet detaulc�s,LendervLerular's
<br /> otherw�se in wriUng� Cq
<br />_�. • ,,�k�. agent,or a court appointed reeefver may take possaeslon end menage the propettY 8�d, ees�commi�ns�io reMat e�9e�n�a�nd�bnV o�t h
<br /> �.,, , ., appped ftrst to t� Co$ts ot maneying the property, includin9 court coats and attomeya i
<br /> �r��� necessery reteted expensea.The remalning amount of rents wiU then appiy to payments on the secured dabt as provided in Covenant T.
<br />_Sti���.'.(L�.
<br /> c�`���: 8.L�w s e h o t d e•C o n d a m i r d u m a;P i w►od Unit DevstoArresMe.Bonower agrees to com ly with the Provisiona ot any tease if this deed of trust is an
<br />�'.� �i
<br /> � �' C� a leasehold.i�thla deed of trust is on a unR In a con dom in lu m o r a p l a n n e d u n R e v e l o p m e n t, B o r ro w e r w l l l p eriorm aIi of Bonower's dut es �
<br /> '''r•"'�`�-�:'_% under d+e covenants,byIaws,or repu�atione at the condominlum or planned unit devefopment.
<br />-�-;�_''•`fr�i;''„;';
<br /> �' �'����, g,Authortty ot I.tnd�r to P�ttorm tm$o ower.If BoROwet fai�s w�pe�form eny of Banower's dutles under thie deed ot ttust,Len er may
<br />- per4orm the duties or aause tham to be p�rtormed.lender may sign 8onower's neme or pay any amou�st if necesearl►fot performence•�f e^V
<br /> _�;:. � construation on the property Is dWoontlnued or not oarried on in a reasoneble manner,Lender may do whetevor is necessery to proteat Lender's
<br />,-.r Y;�„- secudty iMereat in the prapertl.1'hia mey inctude compleUng the aonsuuadon.
<br />` `ry. Lender's faliure to pe�form witl not prectude Lender irom exercising any of ka other dghts undet the Iaw or th(a deed of truot.
<br /> .`+�kks,. �
<br /> � end wiU besr tnte�resbt from thetd ta e�of t�he peymes+t until paidtin�ful�et�the�fnteresretaat in�effoa do�he secured deht��Me will ba due on deman
<br />� v �us�
<br /> _,., .. 4
<br />�""`�'�� obtie�et�ionusecured by this�deed o8truat or eny pi r�mort8a98per deed ofhtruet,�LeMer�may$accelerete the maturrty ot tdho securod debt and
<br />;t"�'M'• demand immed�ate payment end mey Invoke the power of sale end any other remedles permitted by eppiicabte Iaw.
<br /> r•,,r
<br />�i!L+,�
<br /> °•"`+�r�"�': 11.Requosi tor Notle�of O�fwh.It la hereby re�uested thet aePtea of the noHces of dafautt and saie be sent to each person wno la a party
<br />,y�._.�4�i'��y;��.:r ° nerecv,ac die od�hess ai sach such Pe►sa^Os Swt fprth hereln. -
<br /> -�;�,Q�;,`;,:i� 12,pewor o13dt.If the Lender invokes the power of eale,the Trustee eha0 flrst record in the otftco of the repiater of daeds of each eoumy
<br /> _��S�S1y�� wheraln the trvst property or eome part or parcal thereof is ettuated a notice of defeuit canteiningereto�and to�oUieQupers ns�us rescdbryed by
<br /> - shall aiso mati co�iea of the rtotice of default to the Borrower, to eech p�eo��socn who is a party h �js �t in any
<br />��� inco'ipobeted eity or viQ�ge s d ia used�ing oep ere�Uona cariled on by the V�us�refthe f�tuateo shail gihve Pubtlo noticepof e�afe to the persons
<br />=�� end in the manner prosmlbed by�appplicab1e�aw.Troeteo,without demand on gartower,ahail sell the propertlr at pubQo euetion to the htghest
<br /> ���_ bidder.If requlred by the Far Homestead Ptotection Aat,Truetee shaii ofter the luoperty 1n two separate eales ea requited by applioable Iaw.
<br />��� jande ci�ha deaeignee may purchnse the piopeity et eny sate Y by pu611a announcemetit et the dme and plece ot any prevtously eaheduied sate.
<br />�°;�,.�,, , Upon rocetpt ot peyment of fhe 0���bid,Trustee shall dellver to the purchaser Trustee's deed conveyin9 the prope►t1r.The rocttiaIs coirtained tn
<br />�,�� Tnistee's daed 8ha1i be pri(na tacie evidianca of the uuth of the statements containad the�otn.Trustee shail apply tha Proceede ot the sete In the
<br /> z,.� roinsWt�etemont teese�(b1 to�atl ums secu�red bY u►ls deeduof�trusL and fc)tha balanoe if$anY.bto t e p rsone I Ba�IM er t ttb�d�to ro efve it.faes and
<br /> ----- 13.Foreelosure.At Lender's opUon,thie doed of trust mey be foreclosed in the manner provtde by apptinoble Iaw tor foreclosure of mortgages
<br /> -- ---' on resl properqr•
<br /> ='��j caure to�nder a in�speation mer the properq►to UePeet it it Lender givea Borcower notice beforehand.The notice muat stete the rooaonable
<br />�+w���'1 g pr �i ge
<br /> —� of eil�oi eny^p�ert of�the proer��Such proecaeeds wtU be app0ed as provlded in�Covensr te1 e7his assfgnmeM ta subject t U ee t rms of any pri�
<br /> ��.; aecudty agreement.
<br /> - 1G,pJsiver.By exerctstng aml remedV avaliabte to Lender.Leodar doea not give up any rFghts to later use arty other remedy.By�ot ozercising
<br /> any remedy upon Banower's defautt,Lender doea not waive eny rtgM to teter consfder the event n dotauk if ft hep�+ens egain.
<br />�-_---� 17.JdM a+d S�wtei.UahlNty:Co3fIIrn*r, Succ�sso» and Assiyns Bound.All duti9s under this Eeed ot trust are jaint and several. Any
<br /> Borrower who �o-stgria th{s daed of trust but does not co•st8n the underlying debt instru�nent(s) does so onty to qrnnt and convey that
<br />-�g=�', e�v�pt�1 s�t gon w�er�ut�etpthisede�ed f uust m8y exdtend�mod�orfmak9 any oth�er�ohengeestEn�the tetms of�d�is Geed of trust or�the�secured
<br /> -�41_� debt without th�t Bortower's conseM and without roteosing that orrowet from the terms of this deed of truat•
<br />
|