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<br /> �`'� � - 07�31-tsgs R��R�ORDE� DEED OF 4ROJ�T . PaQe s
<br /> . . � . Laan No 789042 g�._ 1��1.'7s (ConUnued) .. �(�1�� , ,
<br /> � fltteen(18)days aftsr tha Ilan artses ar�tt a N�n is fUad,within P.rtNn(16)d�ya attM Tru�ta Iw notic�o!th�flAnp,woun IM Wuha�a!�ho
<br /> Ilan,a it requostad by I.�nd�r.Mpostt wUh land�r esah or a euifklont corporeh eunry bortd or othx a�audry antlstactory to l�nder tn tn
<br /> . a�nouM euttlo�nt to dhoharp�tlw Iton ptus any eosts and atcomqri'fMS or othw chup�s thtl coutd accrw a a rasWl o!a(oraolosun a We
<br /> und�r tha Ilen. In any cont�f,Tntata�haM 6rhnd Ittelf and tAnd�r�nd�hW atisy�ny tdv��udprrwnt botoro�ntoramtnt apvnst lh� ,
<br /> � Proporly. Trusta�n4mo Lendor as an tdditlontl obltaeo und�►a�iy euroy boed turnishod In tM contest proc�edinpf.
<br /> .,._ Evtdma ot Paymenb Ttwtor�hau uPon d�nund fumtah lo LmBor�Q�Ipotory oviG�nr�ot paymsaS at ttq ts�xs a a�sm�►b asd e1�.M
<br /> ., nuthorl�!h9 npproprlete flovammoe►4o1 offlolal to dnuvor t�Lender at sny tlrm�4 ardtton stelemont o!tho fanes and asaossmtntt aatinsl th�
<br /> aropeny.
<br /> ! Noilt�o!Conttntctton. Tniator shsll noUy Lender at taact RReai(16)day�bafa�any work b eommonood,any aarvla�s�»OurNtMd,a�ny �
<br /> -...� materials oro sup 11ed to t!w Proparly.tt any meohanlob Iion,mnterialmen'e IWn, a olho►UAn coNd be assortod on a000unt o! lh�wak,
<br /> aeMoes�or nwt�ab.TNSta wUl upon request ot londe�fumish to Lenda advnnce aaauranoes�dstsatory to IAnd�r tha!Tnnta can�nd wIN
<br /> ��"'�"' � pay the cosl of auoh improvemerda. � ,�
<br /> �. PROPERTY DAMAQB INStIRAHCE.The toitowinp provistons retatlnp to Insurkq 1►�e PropeRy aro t P�t of thls Q6ed o!Ynnf. 1�,r:
<br /> Metntemnce of ineut�r►ca.Tiustat ahnU proaure and msintsln pQlkk9es ot 1fro Inaurance with et�nderd�ndod oovaapa ondomamerds on a �'4.,•..
<br /> m es
<br /> �taooment bada tu tlw hcD I�v�amb vatue covxlaD ad� xm�nts on ttw RaU Prapwty t�e an amouM suM�M to avotd�ppuoatlon of�nf► �.;,-
<br /> � cpinsuranoe daus4.and�vilh a��ard�nc�a�ea d1lt�sa�4n+r�e af lendx. Trysta fhall a1�Qsccura and metntptn comp�lwnsiw panxti `�__
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<br /> I)amYliy insurence in suoh x�rer�Sy�amQV.�ls B�s�rer��r�a��4�ailh 1n4s4ae au�6A�b��a�as�d m��d�f�anol tnsurads In woh ItablYtf► �,--
<br /> A6i1
<br /> � • - Inswa�er�p�1�1as. Ad�c2la�a.7Y.Yvt95to�rr 89►atl eaain�i��soc�o1h�i�drant�.E,�otsc�:re�be�l crm4 I7mS�i�teaaax�.buslrwss int�nuptbn.and �rt;iz...
<br /> `�'�� boller Inst�mtvt��.rats tAndat may ceasonnDy�Quiza. Pc1�Ctas shaH he wnitt�n in 4arm�amcunt�.comraEas and tr�as�s�easonaltry tccePta.b}a to
<br /> •..qi r�,
<br /> . ,,� Lentter artd i3stqd bY a��ny or companitis ressonabiy a�caep4a�te to 4endor. Trustor.uPmn re4�t ot 4�ndar.will dethter to l�nde�from J�,.;�
<br /> ' � tirtee to tlms the polldes or ceAiflcatos of ins�ue►�co in torm setiatectery to Lender,InNudirts stlpulnflons ti�at oovarag�s WiU na4 b9 caneWl�d er
<br /> � � � ,.,� �• diminished artlhout at leasl tan(t0)days'Ddo►wrttlen notice to lond�. Eaah insuranoo Pa�Y�o shaU indude an andasamse�t p�ovldin�tl�at =
<br /> coverage tn QpvQr a9 lendar wiii no!bo i�in any�vaY by a�y eot,ortOSSion u dotauii o4 TniStor cr anY otl�erpe�n. Shotold iha Rsal _
<br /> Roperiy a9 anp k��ea�e¢rtba txated in an crea Qas'Onatod by ltsa Qlrecta ot'ho F�deral Ea�penaY Management Agerecy a�s n�ada�i� _
<br /> ' r IWi�rd aon.7r�te�opreas to ebtain and main4dn Fodoral Floed Irtsuranco fcr ttw fu�►unpaid vclr�ctpai be.'sne+of tho i.ae�u�to Uw maadmum
<br /> •+ ��� � � pmtioy UmiW sat u�sYar the NsBas�flood Insuranoe Pro6►am,ar a9 ctherwfse requtred by L:�rtd�.and to rt�elMatn suoh insura�a tor tlr term o?
<br /> , �,,". ,i5�• tht�l0�in. �,_
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<br /> �!'',i'i';,�,� ..�'��, �►pplleaUon o!Proceeda Tnrstar shaU pramPtry nodty Len�m�1 om►�oss a dama�e Qm thp Fdc�aa�ly. Lender may mWco Qu¢a?�R Io�s N Trt�stor
<br /> . { tatls to do so wiG�tn 8rteen(1b)days of the oasualty. Whothar w not lendors secwElY b!;�frs,�f lortder may.at Ib Weotie�.�'�e eed nt�Jn �;
<br /> � ?�'�.* the proceeds ot any instuance and eAPh►the pr000eds to tha redud[on of tt►e Inde0lodn�9�ry�afm�ent of any Uen attscdnp 41�z,PropeAy.ar� �=
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<br /> ,�� ,., �taraSon and repafr of ihe Propedy. If Lender eleats to�pPry the proceada to reataaUon and repalr.Trustor shaM nper'a�ep�oa
<br /> . � t., damaped or destroyed Improvemenb in a menner satbfaetory to Lender. tsnder ehall�upan ea4sfactory pro0f of such expenotturo�DaY a
<br /> •�s:,;;?i,' '' reimbursa Trustor irom the Or���tta reasonabfe oosl cfrepak or restoreBon if fiistor B e0!in defauit ueder thts Oeod of Ttust. M�► _
<br /> ��,. .�� , proceeds wh�h have not been�9sbwced withtn 180 dal��►ttor U�ek recefPt and whbh Londer has oot commltled io iha veP�'a r�staatlon of
<br /> `•��:;�, . the FropeAy ahat bo taed rt�at to pay any amount owinp to Lender under thla Deed ot'fYust.fhen to pay accrueG Udoresf.and th�remtiod�r�N
<br /> '°. any,shall ba eppltBd 1�ths pdnalp�l beltnoe of tha fndebtedness. If Lendor Aold�any prooeeds afte�payment U fuU o1 ttle Indebt9dtwss.tuoh
<br /> '- M��}°t�a ha pald to Thustor as'fYustors inierests maY eAP�• .
<br /> • , �r `.e. 1Jti�%pirQfi h�9arattCO S�!3d0. My un�it9d insu►enco 9he11 inure t9 ttte benefit Of.ondpaas to�the plltOhAEer of ttM P►op�hl o0v1e►W OY this �
<br /> €' ' Oeed ot Ttust al 1utY Erlatea's sele Or otFlet eale hetd utlder!h9 ptovislOns Ot H�Es DYOd of 7'tust,�nt aRy forsClosure EtM O!6tJOh PmpNty.
<br />- ' ' Tru�tor't Rtport on Uaunncs. t1pa�n4wst af t:�nd�r howovx�ot mon thon ono�a year.Tivatar sheA fumish to Londer a roport on wch
<br /> ' wdsNnp PatlaY ot Insuranoo ahowuqo (a)th�nartw of tfw�nswa; (b)the riske tnsu�l (o)tho amou�of Uw poGa�r, (�tho praparlfr Inaunld.
<br /> t�w lhan aumtd roPkaam6r�vatua of wc!►Proparty�and fh�mtnnet af drt�rNrJnD tF�t vatuo:and (eI t1w�a�a tlon dat�af th�PoYO1►•
<br /> � Tn�ator shaN.uAon requast ot Lender�hav�e an tn0ependent appralsw sat�sataY to Len�determine the caah va(u�►c0iuoammt cost d tM
<br /> . Ptoperly.
<br /> OtPENDITt�iEB BY LENDER. If Trusta tsib to oompry wlth any provlsion ol tht�Wod ot Trult,or M any aotlon orpraoM��np b comrte�a�d that
<br /> ., woutd matedaty attect Lendefs Interosts In ths PraPeAY.Lendar on Trustors bet�aN e'iay�bN stralt not be required ot .texs any aoGon t�ut L�ndw
<br /> �n�ipP�opdat�.My amount that Lendar�nds in so doing wtu bear Interest at tha rats provided for In the Note irom Uw dste inournd or p�ld
<br /> . py lertd�►to tlw data of repayirwnt by Tiustor. !W such a�enses at Lende�'a oPnon,Nr1U (a)be payabb on den+and. (b)b�nddsd to t]»l�na
<br /> . ot tha Nof�snd ba+�PPoAto�d amonp and b�WY�t�with anY I�IinwntpsYrr�rrts to bocomo dw durtry dthK (h th�t�rm d tny�pP�M
<br /> Insurana PoIbY or M tM�maidrsp twm ot tM Nota�ar (o)be treaUd as a bWOOn payme�whbA w10 be dua and payabla at tM t�Ota9 rt�aUwKf►•
<br /> --. . �°•i�Ev�t w�-�-r�,.�y�a�an�r�o!��tlt��!4-�+�i�e��.na.r tt�a11 oot a��trwd�u tou�rl��ip�tM�dl�t�tA Mr
<br /> v,��;,r� .:�~ � bar trender irom arry rom�dY that q otherwls�would Mw t�ad.
<br /> 1: s , �` : W�iGtANiY�OF.FENSE OF TI1LE.t7�toNow(n0 ProNsions n1W�to owrnnMD W ttw Ptop�ty aro a part of thb Dad of 7tust.
<br /> ' • ' Tttle. Tnistor warra�s tha� .(a)'ftustor hotds 9ood and market�bia Htls ot rocad to th�ProA�fl In tee stmpb�tn�and ciwr W�1 Aans tr+d
<br /> . , � , i� ' {II�p�}��py.t�tkr in�aon�needon��eed ot tnat.u�d ro�����p0�1M�a«t1d a�WiOrH� aoaeuto and '
<br />-- delivar Mis Oeed ot Tnst to LYntJer- –
<br /> � ' ..'' � :� Detens�Of T1W. Slbjod to the�moPtion In ttw parapraph abo�►a.T�ustor wart�nb nnd wlt tOrekMr deTand ths titlo to tM PteO�Y���
<br /> '-� I�wtW cbtrr�of aa p�sons. in th��vs�t any acfion a p►o�wdtna Is comrtwrw4d thit yueaUom Tnntars tltla ar tho tnter�mt d Tnut�or �.:..
<br />� �. .t : ... La�dx undor tNs Doad of Trusb Tnutor sMt drMnd th�acUon at Tnrstort ax�s�. Tn�ta'may E�ttw nomtmt pf�y In eua�e�oo�dtrg,but
<br />�-� f.,...,_.,_ landor aMll 0��ntltlll�ad to partldpate M t h e w o o w�4a0 a a d t o e a r a 0 ro''.�eatod In tt�p r o a��n n by aoaeaot d Lande�'a avm chdce,asrd
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<br /> .. Tnatar wW dalwr.a aus�to bo d�d�to landor such Ina6runwnts aa l.andar m�y ropu�st Erom Urtw to tlrn�to P���P�Oa�
<br /> • Gonipli�nct N1I1h Lawa. 7nutor warranb tl�at the Properh and Ttustors taa ot tAe P�opeAY compUes wHh d�Stirg�OR1iabM 4ws,
<br /> , or�ner�.and repulaUora ot qovemmeMef authorltle�. —
<br /> .. �. �1ATION.Tho loNowle9 Rrovklons retaNnO to condomre4uon praoaodlnps�ra a P�a9 t�:�BJnod o1 Trust. Y
<br /> � . �� Applkaticu�f Ot Net PnOSeed9. If a1 or�/�ut of the Hrope�b b txndentrkd by e��Q dOrs�atn�nW a 0U�aqr Pro�ed�a
<br /> i�Gl �p
<br /> �1 purehr�In 11eu of coademnaflon.Lertdar+�a91 at tts�tton roqutn th�t ar a u►y par�sn aP it�rta4 Pro�§04 tM aura dt�W�tetsonnbb
<br /> indebtro�m�or ttro�aA�at r�stcr��t�n aF ltxi A'aDedY. The net pr0000ds of tlr award�'t�l c:aeto Cz�mar.u.ti?aRet PaYme __�:
<br /> � eost9.c�¢�S.aad e.�WrnG,�'sP�eg in�um�d DY Trta.tae ar Londet k4 eoansctlon wlth th�c�tr�smc�''�n. . .
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<br /> ptocaeQ�41i. U mr��cu�inp Er�ccndemnagan Is�(iG�Yrtu�sf�prompttl►nolifY 6rtcr�r 6n u�linp,�nd Tnutor�QtampltY f�tu tuch �
<br /> ,i. �ps os msY Iw a�'Y�'h�d�end tla taUon urd o1ril�is fh�awud. Tnnta mnY bo�rn�mtna!17�f1 tn stxh Proo�r+p�but L«idu�h4Y �'"•'"
<br /> •;.�: b a a rt f l l�e d t u D a�R�in liw P r o o o e t Bnp and to be re'Dr�entvd in tho p[oo�dinp bY CourtsW ot t!3 orxn ahoiea,[rt�d Tn�sta wi dMiwr or �'±�
<br /> �� � eausc ta I�n deUvePed to tsnder suoh tnsbuments as rr�y bo�equested bY N trom Sme M dme to permii sr�d.�ptar�TpaHon• T'
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<br /> r IMP081TION Qf TAlIEB.FEE9 AND p1ARGE�BY tfOYERNIAQlTAL Atl�lIORIilEB. lTw to�owlep Proe�Jnrts retaTUg to povams�►tal t�es. �':
<br /> ... . .
<br /> ..� • fees and chtrpes are a paA of UYs Oeed of Tnub
<br /> -,_ -- __ _-_–-'' -- -�...._ e_....w r�...�.: usen e.au.st bv tandor.T�ustor sN11 a�such docunaMs in addlNon to thts�md of Trust�nd t�b `. �
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<br /> whstever ottbr aetion b n4uestad by UndK fo perfect and coMfr►u�Undw'b Y�n on ttN�t P►op�iY• �.usior e9a:ce�v:::.��:..:�
<br /> texes.n desafbed belcw�topaiMr with�il a�enses tncurrod In recadinp.Peitaai►np a oo�inutrp this Oeed ot 4cu�.inctudla0 witAOU! ;:
<br /> IimHatlon eN hxes.toae.docurt�an►stamp�.and o11br charq�s t�x rocardinp or rop�todnp thts Oesd ot 7tust ,,
<br /> ' t�xes. The toDo+�lr�g sf�a9 cor�tituto taxes to whiM Ws cecflon apptiea: (a)a sPedtb t�c uPcn 1Ns tYPo o!Ooed at T�a�uPoe efl a�anY �.�i.
<br /> parf of ihe Indebtedness sec�+red bl►Mb O�sd of Tnu� NI�sP��4x on Tnnto►wAkh Tnntor ts autl�odxed ar ro4ukvd b��'(lam •;�•:,,.;
<br /> u�
<br /> paymenb on the Ind942ednESS secutsd Gy Ws�ot OeQd ct T� (o)a t�t on UYs lypi of Qeed o!TNSt Ct�uO�b�����by %,.,:,
<br /> tha hotder of t!a Not�ana (d)a sAedsa tax on aY or anY patlon of U»tndabfadnoss or on paymenb of pdnefRB� �
<br /> Tn�stor.
<br /> liuDsequent T�ms. Itar�tax to which thb sedton appues b aruatsd eubse4uent to tl�dat�o!U�b Oaed d Ttust�tt�s w�nt sf W hav�th�
<br /> . eame ett�ct as an Evant d Qettt6t(as detined b�tmiv)�and L�nder may�xxNs�anr or�o!Ib avatteble rernedi�s tor an Ewnt d Q�hult as •
<br /> � Uens sedlon and dePOi�wtt�t�ndx�h o��a aumd�r�it�por�s�►b a otta�socutb�07 b nd�i�abav+�In tM Taxes u�d
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