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<br /> �� � t COVENANTB gg o ����5 '
<br /> . ;.,,..:
<br /> � �`� 1. FeyrtMnta. 8orrowqr tprocs to make Nl p�ymeMS on the socurbd dobt w�on duo. UNmas Bo�ro�vor ond 4ender apree othmw se, eny
<br /> paymente l.endor reeelves from Borrowor or for Bottowar s benetit wiil be spp1 ad flnt to any amounts flonowo�owes on the socwed dsbt �D,,.
<br /> t' ' ! exelusive of irttemit QI �t±��Pa�•a��ond to irttere t �nd t�en toprinolpel.If p ►t�e1 prxpayma�nt of th9 cecured dabt occura tor any roeson,lt wltl
<br /> not reduce a esCUSe fn�,EOh�dul�d�iryr�dP�'�� t�►o eeeured deDt li patd In�lt. :��.-
<br /> � � ° �,q�Tms A�af ��TEty,0otti►W6f wtN q�Y aNtt� �,asaesamsMS,and oti�er charpem ettriputablo to tMproperty when dua and wU1 defond Nde
<br /> to thm prope�y a trt3t��ny atsimt whlch vyould pafr ths Iten of thla deod of trust.Lendor msy requtre O onower to eu�qn enY rlghu,ctatmt of ��r j_
<br /> - - —' dafensee wi+ie.'►�otivrr�naSt havo efle�r4�s�lt�KE e uvho supptq taDor a►materiala to improve ot maintaln tf�o propartV.
<br /> y �R 9.inaurme�. 8onower wUt keep the prosartp tnaured under terms aee¢DtaD��to Lsnder at Bonawer's expenae and for LendeYt benetit.Ap -=`
<br /> inau►ance�polletoa shall incl�da�standerd mortgage elauqa tn fovor of lendar.Lendet wiit De narreod ea�ea�paYee o►es tt►e Inaurod on any eueh
<br /> ` ' ' Inaunnce potiey.Any ln�urartce proeseda mey 6e•pg11ed,wtthtn Lcrt6:r'o diaerotlon,to cithe►Mo►estoretb^a repafr ot tM�damapod proparty �`�:,--'
<br /> , �,.�s,�;�ly�� . or to the seeurod d�bt.lf Lendar requEres mart8age 1naurenee.Borrowor�arees to malnuln such inowance fos aa tong as Lender�equlroe. __
<br /> � � 4.R�top�rty.Borrower wUl keop Ne prapariy In pood condition and make ntl repnlro reoaonabty noeoassiY. �y-
<br /> ��- > _.
<br />_� '"�.� 6,�xp�nip.Qorrower agreea to pay aU Lendor's e nsea Inctudirtg reeaonabto attornoyo'feea,if Borcourer breake any covenarKS ln Ws d�od -
<br /> j of truat or fn any obllgaUoa secured by thiu dood ot�ot.�onowor wtli poy thoee amounts co Lendar ae provtdod in CoveneM 8 of thia deed oi
<br />- � Vttst. .,
<br /> 8,prter gocserttv l�eata.Uninas Borrovror flrst abtainu Landor's writton¢onsat►L Bonowor will not mnke or permh eny ch8ng9e w any prbr -
<br /> i� security tr►toroa�s. 8orcower vrill porform ali of 8orrowor's obtigetions undar ony prtor mortgoga,daod ot truet ot other eecurtty agrerime�. _
<br /> � inctudinp 6ofrowar'a covenante w mnke payarto�b whon due.
<br /> ' �,p�I �r�t a}Rar�ta and prot[ts.8oaower aasi8na to lertder the ronto and ptoflts ot tho prope Un�naa 8orrowor artd Lendor hovo aproed
<br /> �n ta
<br /> otharwiae in wdttng,Bonower mny colieat artd retain tha rents as lortg as 8ortowor lo rtot in da auR.it Borrowor defaulte, Landor. LendePs
<br /> ° � egqnt,or e cour�appotnted recaivet mey take�tasseesion and manege the propeRy artd colleat th8 rante. Ar►y�eMa Lender colisats ahail be
<br /> epplied flrat to the eosts of inenoging the propertl►.Inaiudlng crourt costs artd attomays' faeo, commiselons to rental age��,and any otAer
<br />- . :;;� necessary reieted eupsnsea.The remafning amouM of rerne wili then cPPh�PaymeMe on the secured debt as provided tn�ovenant 1.
<br /> + ;,,��;::' � 8,u���s���s.p�enn�d�ntt ps�oprnW�ts.Borcower egroea to compty wtd�tho provFaloes of any lease if this deed of uuet is on
<br /> •�er:��>� e teasehatd.if thta daod of trust te on e t+nfl in e condominium or a R1onrtad unh tievelopment,Bonawer will perform al!of Batrower'e duNsa •
<br /> .'��'^•"�3 :' � undet tha covenents,by�lawe,or regNaUons of tha condomtnium or piartned unit developmeM.
<br /> . •. ,�Yv,¢,, —
<br /> � 8,Au�o�i�y m E«�dsr to p�r[orm ta Borrouiw�.�f Burrower fai�s tope rtorm eny ot BarroweYs dudos under this deed of vust.Lertder moy
<br /> perform the dutt�eha or eeuse them to be pe�forme .Leader mny atg�9orrowe►'e nama orpay eny amowrt If neeessery 4or psrtormartce.If my —
<br /> �� .r
<br /> se° ri�ty intereat tn�ths properEt6yaThfs meY Inctude comptedUng the co�ado�manner,Lender may do whatever le necesanry to protect lertder'B �
<br /> � � ¢ Lender'a faifure to pe►form wt�l not preciuda Lender nom exarcising atry of hn othei�ights under the law or this dead of truat.
<br />- and will bsa�r h t&erdest t om the de�of U+PadymeM u�ndl pald in�full M the 1�earotr�in ef ea aon �secusr�ed deb�t.��wlll be due on demend _
<br /> 10.D�tautt ad!A�(�qUon.N Bortowet fatls to make anY Deyment when due or bteake any covenartta under thfs deed of trust cr any
<br /> y oblipadon secured by thfs t a�o�����e p wei�of�te and any o�rtemedte dpermitted by app�ll�ble Iiew�of the secured de6t end
<br /> . � demand immediate payme
<br />�":�.,����`• 11.Rp�NSt tar Notle�of D�fwdt.it is hereby requested that coptes of the nottees of defauR and eaie be eorn w escfi perso�who b s p�rly
<br />__--,:;:A; ; - i�erew,bt itia addr8 o af aacls autlt�xs^n,a!on fertb hazein. . -
<br />�`,.' � ' 12,ponrK of gr�,lf the Lender invokea the pawer of sale.the Truatea shaii ftrst recotd in the office of the regieter of deeds of each eounty
<br /> , ��•r :,; whotein the trust property or eama part or pareel thereof is eitueted s noUee of defauit eontetninp th�nfo a�oon�gQat�r'�y�y�ai p�ro�s�ribed�
<br />=���;�;�,s,�_� .� shatl et�o matl coplas of the noUce of default to the Borrower,to eech pe►son who!s a pert�►fie
<br /> _,.,.�;...,r., applioabio isw.Not teae then one mgtrth afoer the Tcustee�acords the notice of def�auslL o�e ehatl�pubtla�U�of�ta th�pemrsons
<br /> '�'�"' incorpo�atiaA ohq or vill�po and ia used in ferming operetlons wated on by the trusco►, T �
<br />�"�"F'Y.�:r�:,
<br /> jQ�'':;:, ti end in Ure mtnnet Drascrlbedy��PAD�icabte tew.Tru�ee without demend on Bonowu.shap sefl ths P►oP���+ata auation 40q �law
<br /> �":'ya.tl� r biddet.it requlrod by the Farm Homestaad Protootion Aat,Truatee aheil offer the propertv in two aeparr:te sa eo as re4utred by eppttgabls
<br /> �K�.���'�y � Trustee mey postpo�e safo of eIi or eny perael af th6 propertll by publlo announcomerrt at the tima end ptace ot any pteviously toheauled ea[e.
<br /> �i9,,,;,,.,,� 6andor or tte destgnee:mt►y pwohuse tho proparcY at unV se�e•
<br /> Y -,%i�:� Upon roceSpt o!paYenarK of tfie OHoe bkl.Truatoe ehdtl deiivar to the puraheser Truame's deed aomreying the ProAertY•The�ecittels aom�i^ad in
<br />�w�.4',�;., . Truatss'4 deed ahall be primo faatu ev3dtence of the truth uf the etetametns aoMa�ned theroin.7ruetee shaq appiy the proceoda of�the tsak In the
<br />_•',,,,;., ,., faltowinp order. ta1 w all expenses of the sule, inctuding, but not Itmited to, roasonable Tn�etee'a tees, reesonsbie attomafls fooa and
<br />�;�f•,�'�. �etnstaiemeM tees;tb)to ell aume seaurod by this deed of trust,and ta)�e balance.it any,to tho perao�tepnliy entitled to recefvo it.
<br /> =at`!c?'L��,._
<br /> �.._�r._r�. 1g,Fondmu%At LendePe option,this deed of truat may be foreclosed in the mannor provide by appUoshle law for foreelosure o martpnssea
<br /> � -— on rosi DroPertY•
<br /> ` ��� 14.insaetian.t�ender may e�►ter the propertl►to(nspect k tt lender gives Bor►ower nodce befoteliand.7he notice muat state the�easonabie
<br /> —"A"•'��� cause Tat Lendero inspeetioo.
<br /> ���a
<br /> ���"�"�� 16.Condertmsdon.Bonower eaaf Q�s to Lendor the prooeeda of any award or detm for damegea eonneated wl i�a certdemnatfon t►r o8�er te n9
<br /> --_— --� °escuiNy a�eemeM t�s property.Such Proceeda wUt be Oppiied as Drovtded in CovansM 1.7Rfa essignmeM ia wbJsat to the tetma oQ anY P�tar
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<br /> 78.Wdwr.BY exeroltir�g any rome�y evailebte to 4ender,Lender doea�ot 81ve up arry ri0hta m tator usee�y othor romedy.By not exeretsing
<br />--����;�.� nm►remedy upon Horruwet's defauiL Lender does e�ot wDhre srry�tgM to teter consider the evant e dofouit if tt nnppens epein.
<br />��3�=^,-���� 17.Jdrt�nd Swwai 4i�� Co�aFprwr. Suxaao►t�nd Asstpra Bound. AII duttea under thla deed of truat sre joint ud ssvaal.Any
<br /> .-'°---'� goRpwa�wRq casipns this�'--� of trust but does not eaaipn the unde�ytng debt tnstrument(t) doss so o�ty to yrant and eomey that
<br /> ��� Bcr►owsr's teterest tn ths propertY=o the trustne under the terms of thts deed oTtrust.tn addition,�ueh a Borrower a�ees that the Lender end
<br />=='°R°'��� an ottar Bonowet under this deed of trust msY exte�,modtfy ot make�ny other ehanpes in the terma of thia deed ot trust a ths isewr�d
<br /> -�=�• d�wi�h�ut thn gcnower'4 oonse�rt nnd wtthous retoaainp that Borcowa nom Me terms of this deed of uust.
<br />-��°� The dWea end berr�flts of tMfa deed o!truat ehnll Wnd end beneftt the suaxssoro and aasipns of lender and Borrower.
<br />'.'""u:t:°rf � g
<br /> �,�`•�4 •..,'� 78.Nntit�.Unksa otherwfse required by law.any notico to Borrower sheit be piven by dethrerinp ft or by matAnp it bY���meq addroued to
<br />=- .. m�eA�to ende�s��on pa�e 1 of thts d�eed of��st.�o toaf j►w�o�e�addresstwhf�Lend�er Ms da�g'rwted aAny�r noU�o�le�nde�r s�had
<br /> • 6 e s e n t t o L e n d e t's a d d r n a s a s a t e t ed an pa ge i of this deed of bue4.
<br /> • Atry rtotloe ehap be deemad to hava been given m Borrower or Lender vrhen ghren in the manner s4ated above.
<br /> �:5 -.' 19,g�p���Ry pt�g�i 1rmn�t io tp�e BoHOw�r.�f ail or arry par¢of the property or any irRerest(n tt ts sold or tranttoROd
<br /> J�,.�; ,°•; without L.endsr's pnor wniten oonseM. lender may damand Immedlate PaYmem of the sacured debt. t,ender may atso deenu�d tmmediate ^
<br /> `-�:�-:�'.;.: ertt if tAs Bortower is rat o neturelpe rson pnd a�benefldat trKereat In tAe Bonowm ia sotd ar trentferred. However, lend�may nat
<br />�;5�;.°..: � fl� In the aDaov a.�:$tians It R ts pr�db�ed by�ederel taw ea of the dats of tNs deod o4 truat.
<br />_ ,},.,,.:�. Qemared psymn+t .
<br /> hi��•:�::t
<br /> l;t1'��-t�_ '�`� 20.R�convsYncz•1Ai�tan the o����eNa�seeu�ed 0p thia deod ot truat has been paid end lender has no turbth�er obtigatior+to make advencaa _
<br /> . . , -.i e�� ��er�yThe�Le�gRe[i��to the�Ro tower oit tOd B riower s suceesso�i tn iMeresi,�the trus�t de�eduer�id tho not�e�rotAer�ov deyncs of tt�ie
<br /> . ,.�,��'�"''' ; � obl(gatfon so satt3f'ied.Qorrow t s�tafl aaY any roeo�detion coats.
<br /> _T_...r ..... - .�..�.�� nunes ev wst. mallinn e corn ot the
<br /> _-----._..--`Y.E,- 29. �StOC Tn�a� �e c'7n6sr o v awn, ..—m :v.T::.ro _.
<br /> . suDatth►tior�of trus�o�ft�d 1t^J�PPlicable�aw.a�nd t�en.b filin tha suDatku�on of truatoe for i000rd in tha otftce of tho iegiator of Essat
<br /> ' � ' sucae�ed o al�tiie Fa Eia�,d�iraes au�tlia�e�tt6OC1e of the T�rus��nem8�ed In�dtl�te�@eed ot�uuat9f en�d of eiry suc�.re ss o�trustee.������•�1 �
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<br /> eiw�xs svs�s.rt�e..er.cwue.�N seso�a�eoo ss�.zsa�►FonM xawm++e sne►a� _ -
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