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<br /> .� . , � • Q8-16-1999 D@�D 8�YRiJSY Pa�e 3
<br /> • t.c��� No�nsoa� (CoMinued) ��-1(�9186
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<br /> ��• � undar the ttaa. in anY eaneest,Trustor shail dat�nd it�if a�d I.tnda and eh�Ii s+Nlsf�►any advarso►uc4�msni delore oMGrcomanl agatn;i tha
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<br /> Properly.Truitor ehat�nams Lonc4er as an addlUOnnf oblipee under eny suroty bond Iurnistutd In the cont�9t procroedmgs.
<br /> Bviden��ot pryment. Tnrstor ehell upon damand furnish to 4end�r o�US!actory evtdencs of OaY►nant pt the taxes a assessmenb and ahaH
<br /> • Quthoslio tha eppropftale govemmentai omclat to dapver to L�ndir a1 any t►me s vrretsn at9hamant of the t�zes and asstsamenb�Inst Itr
<br /> _ �_.t ���• ,
<br /> Noitce of Comtructton.Ttustot shn!i notiy 6ondzr et tessl fttteen(16)d�ys betoro any wak is commenced,any seMCes a»tumisMd,w�ny
<br /> • rtwt�ts are suppllQd to!iw Rropaty.I!any mxhart:o"u t'�n.mst�AStmsn's i'.on,m other tten oautd ba assoMd on aceount of ttre work.
<br /> • ;:; cwNC�s,a mtt�rttb. Trosta wNl upon caquest of Lenda hxnish to Lender ndvanq assurances sath�factory to L�rtdw itiat Trusta ean and w1►�
<br /> -•.:��' pRY t1N Cost Ot ouCh imptovemYrtts. `
<br /> �� pROPERTY OAMAGE INStIiiANC�. The foltowlnp prov�dons rolzUnp to irasudrg tAe Propsrty aro e part ot thSS Ooed of TrusG `f
<br /> ` ..,.,,....•�i. �int�n�ncs of lnwr�nce.ltwsta shaN prxure and ma1nWn potides of Hro fnaunnc�witA standuA extendad eovenpo andorqnwr►b on a :
<br /> F ropttcomenl barJs ta tlie tun I�unRle vatue cawrtnp sll�mProvements on the ReU PropertY�e�n amaunt au4Het�nt to�votd eppYCanon a1 anY t�
<br /> cdnsuM►�ce diu�e�and witA a standud mataipea dtuse ln tava of Lender.toQelhe�with aueN othr�huard and Ii�btUty Insura�noo as�endar Q,o..
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<br /> ' i may reaaona9ly requsro. Pat�d�cha►1 ba wriNen In tann,amounts,cov�eges and b�sls roaaombly sacept�bk to tsndar and IssuM by a =_-._
<br /> aompuny a comptntes m.asonably aocaptable to Lender. Tnrsta.upon requost ot tsndor,w►�6eWer to Lender trom timn to tims t1»poflo�es _
<br /> . . �.• or oerUflcates of insurance In tam eetistactory to Lend¢r.Inotudinp etiputations that Coverppt�s wil no1 be cer►oeiled or dlmtn49hsd witt�aul at
<br /> t e n s t t e n(10)da y s'prta v�ntlten nodCe to Lender. EeCh(c�r4nce PdioY a�a ahsd��e►uda an 6ndasement provtdinp that covoraas ln favor of
<br /> Lender ar:;1 not be impaked in a�y waY by anX aci.ccrJ.�l.on ot defauri ot Tnu tor a any o t h e r p e�s o n. S h a u l d t h o R s a t P r o p e r l y a t an y tlme
<br /> � � becoma�d In an area d�lgnated by clx�Q.reatar ok ttr��ederai Emerflanoy Matwponwnt ApenoY Qa A fo th�flmA�dmtun pdbY NmHs 6ot
<br /> '� eqreas lb a�aa!n end maintain FeQeraC Gt¢ed tnssimr�n�oo(oa G'^�fuU unpald pdndWl Wiuw�of ttr loan,u
<br /> undar tha l�ta�ac�l Flood insunrece R+ra�sae�.or o,s��i�by Lender.and to mdnWn aueh insurnnoe tar th�te�m of 1M loan.
<br /> ' �� O�gol6�tbao 04 Pdoe�xII�. TntsLcxsh��r¢�'RF1h rtIIL2y L�rt�2a o4 any toss or damaye to ths PropeAy. le�d9r rtw mtke proof ot loss N Tnptor
<br /> dR
<br /> ,;,. • �, tondar mny 8t �e_ctton.►eoetve enA ntaln
<br /> . � faNs to do so w:tAtn E?�0en(96)�Yg o9 CRe eas�ta►N. WQ�4amr or rtot lertde�'s secudiy�S Impaired. . �
<br /> tTee Rreoeeds ot anY eu�sua�ewe amd e�B��Y�Rrocead3 cm fRaa rashr�cf�en o!the Indebtedness,PBYment of n�y Ibn atteelle9 the op�Ay.a ths
<br /> �stcrallon and�pa�o!the Fr�e�tf►- n tender elects to aF&•`Y�+'�R�g to rostatUon and repalt.t►ustor aheY roPak or npVO�tM
<br /> ' • damagad ar desUOy��d iRaproti�m2n�in a rt�snROr sat�f�etwY M lan�. lender shall�npon snUs[�oqr Rroof o!auch e�endltun.pq�w __
<br /> I �mburse Trustar trom the preceeds far th3 reasonahb oos4 e9 Pe�ax ae°ost°raticn M Tn�stor Is�Ot lc��efau�l unEer this Oeed a!Tnist. Any
<br /> ,�?�A ' gerooaads�vhich tiave net maen disbursed Lvrihtn 180 days atler their reoe�4 and whtch b,a�eder has rto9 ccm�4D�c!to lt�e repak a�astaadon oT
<br /> :.,.x .. y� tho PreD�N shslT be vs�eD.�:�1 to pay any amoum o�x:nD to LaadoP artder S�C�aad a9 Yn�t then to R�11 acceues!U.t�4.�r►d the remafnder.N
<br />`-�.��ir anY.shtiD�a eppliafl YO f�t�'�l:nelFe�belane�o!the lade@4�d.�mss. It lCatt�et holds flrry�tCC08ds 6fter pSymestt tn ttUL o4 t�0[ndebtBdnBSS�sueh
<br /> � pra�aA�s�hai!bo Pa`•d te��Raastar as Trusta's interesis anag�Fear•
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<br /> tk�1t��►Ga+stlrance d 9�td. Arry unar,D��d tns�uanc6 sTnU inure to ihs�enefit of.u�d pass t0.the putcP�as�r ot th�FropKly eawrsd bY tNs _
<br /> � ^ > r' Q68d Of 11'P•LSt At 8oy tNSt98 8 5816 0►OtTt^c7=31°$held UrtdfsT 1he OIOViS10118 OP thlS 068d O!Tt11St.w at any 4aeaclosuro s�le ot suCh Propwb.
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<br /> . ,. �• r. . Compiilt�a W�th Ddstln�tndebtednes�. DuAng Me p�im�in which any F.dstErg Irtdebtedness doSCeECed b0iow is in ettect.e�lence
<br /> 5� the inswaihos Provisia�¢x�rteined in the instrumeat�Ir2eneinp such F.�dsUrg Indebtedness sJ�aU eess4itute compliannee with the insurat�ee
<br /> + " ����;�+�wr thta g�o�af Trust,to the extent compilA�ncs witA the tem�s ot this Oeed ot Ttust wouid tonsUtute a duplicaUon d insuronce
<br /> ;.,;'�;. }.y.f • re4ulrecrterd..H acry prac�eds from the insuranco trecome palrebte on�oss,ihe Provisiu�u ii�ti�0��Tss�!!ar dl+�lon��a^�!�±� _
<br />=:"i:`.s' �. '�;E•�; •aAPM'�ni�y ta IhBt po�tfon of the prooeeds not payabte to the hddor of the F�dsUng IndeDtednes�s.
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<br /> ��p1�Q��$'81f LEND6R. If T�ustor taYs t0 ComPty witt►eny pmvision of Ihis Oeed of Ttust.in�tudiam Woy obfi�patlon to matntain F.�dsU�p
<br /> . Ind2bta�r�ess in good stanGimg as reqWred be►ow.or if any aeUon or proceading is commenoed that would ms9�ialry attect L+endePs irteresb in the
<br /> Prcperty Lender on Trustot's 2�Heif iney.but shtUl not be required to.fake any actfon that Lender deems approDrfate. My amount that Lsnder
<br /> =.� �� expends in so doirtg wID bea�ilnYaest at the rate provtded tor in the Note from the date inautted or peid by Lender to the date ot ropayment by
<br /> �.�`. : Tn�tor. AN euch e�eraes,at q,mnders optlon,wBl (a)bo Paf�t►fe on demand. (b)be added fm P.�s batance of the Ncte�nQ @��PP�oned amonp
<br />� ';-f .•.. , and be paYabie vAth amr iroteltment paymenta to become due dtMnp either (p the term ot any Apptizebb inSwanee po�cY or Qdi)9ha romfir�lnp Serm
<br /> •,'"-.i`:.� � c}!he Note�or (a)be treatad as a batloon payment which wtH be due and payable at the NotaS maturd9lR 'fhis Deod oY.Tnat Nso wtlll sectxe
<br /> ;'�.:�"'`" payme�ot ihese amouMs.The rfphts Provtded tor in this parayraph shall be in addiSOn to any other riyhfs mQ aay remedies to whlch Lsnder may be
<br /> `-°._�'• enittted on sxouM d tl�s d8taulG My such adion by Lendet ahall not be eonstnx+d as Curtnp the dHtaNt so as to bsr Ler►der trom nnI►romsdp that
<br /> __LL::`.�� ft othe�wise woutd havr had.
<br />---e: . p_ ,� WARRANTY:OEFENSE OF TiEIUE. The tWlow(n9 Provislons reta�ny to ownersh�P of the Propc�ty are fl part of this Oeed ot Tr�st.
<br /> __-- ' T�►.. Tn�rar warta+►b thak'•Ca)Trustor hotds pood a�ud ma�cetabte UUe o!recoM to the Prape�ly In toe simpb.hee ah0 abar ot a!lisro and
<br /> -""?-'� encumbraraes Mf�er lhan lhose set toTth in tlfe Real Property descxiP6on iw in ti�.o 5�rt�lnQsbhN�ss sectlon bstow Or fn any Btle Ituutnoe
<br />�;.r�;h;�--� polay,ttYtle roporl,or enal tlGe oplNo»issuad In tavor ot,and nooep�d by.lender in conr�ection with thls Qead ot Tn�st,artd (b)Trustor 6es tha
<br />_��,�-:-;�a Udl riyht,Power.and authaNy to euecute and deNver 4his qeed ot Trust to lender.
<br /> ° �°'"��i petenee of TIUe.Subject 7o fhe exceptlon fn the parCqrn��eb�ve.Trostot werrsnls and will torever detBnG Uie tlde to the Prope�ty aga�nst the
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<br />.,:�•_..si_. IawtW daims of a1i persoas. '�n the eveM amr ection:c�r�raoeedtnp is commer�oed that quesHons tnisior's ttUa or tPra'tnt�rest or
<br /> ,�:;�',` ':,•'"• Lender under this Oeed ot 7NSt.Trustu shall detend lhfii acala�at Tnistors e�ense. Tnistot m6�Y�tha rtqR�inol pe�ty in�nch proceMdry�,but
<br /> `_._i,4•...t`. lander shaA ba entitted to pa�tldpate In the prae6edt►t�,aftd�to be represented In the proeeedlnQ�v caunset of Lende�s own eR�ton:�nd
<br /> __<=r�.;.. Tmsta will deiiver.ar Cause to be d011vered;ta Lender eaeh'instruments ms Lender may re4uest trom tic�no 4c�Ume to permR sueA psrticl�lVon:
<br /> �___ CampY�na With Laws Trusta warrards Mnt tha PrqAeAY and Ttustor's use ot the Propdnc���Piies with d m�sUnp+�PDYabN�►ws�
<br />- `-�='�'""°�� ordinances.and►edutaHons of povemmentel authartllos. ' '
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<br /> ---- OIISTING iNDEHTE0NE8S. The todowirp provtslons cartcarninp ebstinp Indebtedness(the'E�dstinp Indebtedness°l are a part ot this OMId at
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