|
_ _ ,. � . � ;t%i�ii;� ------� - °`•:y:��.i..�:-:i; � ..:; �--:- ;��.��•� }:=i.:�`���f,jj.
<br /> __ r,1r , `:;,� � .'.:;}it�: �;��� j`����}t ���(' 'fSj�'rifal�
<br /> ' �.. ,/'. ri'.:L,.�' _ .. " r[.'F�.. �vn�fod��.i� .,�
<br /> 1i• � . �� .. . ... . 1F�': .. ., _ . ` . .. ... , , .
<br /> ' ,�. - . , . .1' . . . ,. 4 ' .��� .
<br /> � � ' ...... .
<br /> . � i,.. �. , � . • �
<br /> ��
<br /> , .
<br /> . . :.1L..._.�..�_._....__...__..___.._._..."'_.._�`_"_.__...._..r_._..
<br /> '. ' - :� `I. . " .
<br /> . CANEHANTB �� ���,��
<br /> ; 1. �eyn�tta. Oonower rg��ts to m�k� �tl ��ym�nto on tM uc�ered debt whep due. Unte�e 8orrawsr en0 Lendor aprse otharwlse, �ny
<br /> pvymont�lendn►rsr.oive� rom 8orrowo�o� or Qorrotvor's benefit wlll 6o apDUse flret co any emount� Borrower owof on the secursd d�bt
<br /> � . " . exc�uslve af Int�nit or pr�nc�pa,�sconA to fntaro�f.u►d th�n to princlp�l.11 partlat prep�Ymtnt of ths�swred debt ocnurs tor�ny roason, It wlll !.,
<br /> , not r�dua�o►�x�ute am►tttio�ubd p�ym�nt unU thr tReurad dObt is DUc!in fuli.
<br /> � 9�Clsimt Ap�tntt TI��,8orrovf��r wtll p�y all taxee,estes�manto,trt�t other cherdee ottributebia to tha proporty whon duo artd wltl dofend tltle
<br /> to ths propettY��+�ln�t en�alaim�whl0h woutd impalr the Ilwt�pf 1hi�d�eit cf trust.Gends►m�y reauire tionowet ta ouipn ony riphte,atetm�o�
<br /> defonse�whloh orrowa�mey h�ve�prlmt pn�1e�who suppiy I�bot or m�Nrlol�to Improva or maintaln tho propo►!y.
<br /> ' ___•i� 3�Insuntte� Dorrowm wlll ke�p the ptopetty insured under tarm8 accopte6to to Londer ot Qorrawor'o oxponaa end tor Londor'o baneflt.All
<br /> �1neureepeepo�lefaa aha!Irteh�da a otandafd m4yftp3Q8 GIGUpB lD 1 Y0/A?�Elldpt.Leqder wlli ba oamhad as lasa psyse ar aa tbo Ineurad on any oueh :;I;.
<br /> ' oreio t t w aocu��ad Ba�Y�I t Lo n�d QCrror qu V uamo rt pnpo P���►anc°�th 8 e r ro w n r e pi�e e e to�m oln taln euoh Insuranaetfor aa lon g ea tondor�roqutroe roperty
<br /> � '� '� 4.P►op�rty.Bor�owor will kesp ths property in good condltlon end make all repair4 raaoonabty neoecsery.
<br /> � �+�� B Espm�a.Botrower eproee to paY eD Lendar'e axpensea Inciudlnp roasonab4o ettotoays'tees,if 8orrowar breake eny covenants In this deed �>--
<br /> y...,..�.�^{ o�trust ar tn any obtipatlon socu►ed by thls deed of truet.�otrower wYl poy these amounts to Lender ae provided in Covenent 8 of thle doad of "-�
<br /> _ , wst.
<br /> 8.Pt1ot B�urtty(M�rotb.Unlaea 8arowor firat obtains lender'e written consent,Borrower will not make or permit any nhanges to any prlor _
<br /> " f seCUtity intereate. Barrower wlll perform eli ot 8orrower's ob�lgatlone under any prior mottpa8e, deed of trust or othef aeaurity apresment.
<br /> ,� Inaludirg Borrower's covenants to rneke payments when due. °-_
<br /> ° ' a.Arast�n�M of R�anA Rroffts.Borrower essigne to Lendet the �aMe end proffts of the property.Unieas Bar�ower and Lender heve agteed
<br /> nA
<br /> ' ;, olhaTnlse"�s1�+rcitinp, Bortow�r m4y cotleot and retain ttre reMe as long as Borrower ie not fn defauft. �t Bor►ower defeuit�,Lende�.Lender'e
<br /> ap�e�t,ov a court epgotnted vocehcvrnm�t►1I takm poesesalon snd menape the property and colteat the rents.Any rents Lender aolieats shall be
<br /> �. noco�sedaryj eletod ozpan ea4Tho taa�ii�afni�8 amount of rmn sdvrill then�ap�ply to paymen seon tRa securod detit e a°ov,a a�in Co�venant�eny oMer _
<br /> �ii� 8.L��s�ho7de•CondominWms:PlsaMd tANt�valaPTmr�4o•6ouowe� raea to compfy with the provistons of any tease if this dead of truat la on __
<br />_ . 4': , under th�o�cove ont3.by-laws,or regulataion.9rtof tha�condominium or pf�aened u k deveiopmemr�t��8orroarer vvili Re�form ail ot Borrower'e 4uttas
<br /> 9.fiuthority ot L�ratu to P�afom� icr Bmrtow�r.It 8onower fails t�yeriorm any of Borrower's dutiea under this daed of t►ust, Lender may
<br /> � periorm the duUas or oause thom to be pe�formed.Lender may nign Bottower's neme orpo y any amourrt M Raeeasary tor pertormence. If any
<br /> co�structt4n on the pdroperiy is discontinued or not certied on in e reesonnbie menner,Lender mey do whetevet Is�ecesearv to proteot lender's
<br /> seauvlty interest In the property.TP�ia mey include compteting thfl conauuctiun• _
<br />- �,. I.ender's failuro to perform wHi not prectude lender iram exerolaing enM of ita othar riaMs unde►the law or lhis deed of trust. �
<br /> T-' ' '����'"'' An emounts paid�y Lender to promat Lender'a aecurity intereat wil be securod by this deed of uust.Such amoume witi be due on demand ,,..�,,.:
<br />-f.`�� • eneY wu1 bear iMeroat from the deto•of the pnyment imtif paid�n tull st the irrterest rate in oHact on the aeeured debt. r°=:_
<br /> ta,��c.' , �F{�`;;,_�:
<br /> i\�i;• .
<br /> t:•� •9A. d�fauh and Aceateratloe. Ii '8arower fetis to make av�y peyrnent when due or breqka uny covenaMa under this deed of truat or any '�9,,
<br />_ . do�tigend immedlatde paymeM end may I�nvoke tho powrer��4 s�s,e and a�v otphfae med el sp�ermitied by�epplicabte Ipw�of the secured debt and
<br /> • n
<br />- 11. Request ie�P7�e�of Detwit. ft fs hereby roq ated that cqpiss of the notieea of deteuft ond ea�e be seot to eaeh pe►son who Is o per4�
<br /> + ' hereto.at tha addresa of ecch auch oerson.es aet f�nh herel�.
<br /> � •.�„ ,
<br /> ��r �1a. 9oNrypq SQia:N�1ne LartQar 1�volces the power ofi aeie,rha T�waieer ehaii ilrsi ra�r¢�s iha atttea a!!hs reg3sL�t ri 8 S!}p�1CA t'-41�►�+f
<br /> • �,� 3sL_t
<br /> � . � whareta t1eQ tn+st prop�tty bf soma pnrt or pareel thereot is situatec8 e notide ot dotauR eor�tainin the tntormation reeuire b}�law.TRe 7s�tee � g „
<br /> �t. � • ehai�atso me0 copfea oi the rtotice of defauit to the Bonower,to �ech per4¢�n who is e Pa►sY��,and to ott�or perSOna os q1'eewi�od b� ���
<br />�r..�., '�'�`s�'�; ;�,r pplioa419 law. Not tess tAen one month aiter the Trustee reaords the no4ico of de4au➢t or two montha if tta truat prqPer4�v�s not t�on�
<br /> a�i+�•�;:- ,�� incorpqra t o d a k y or v U legs a n d la u a e d i n f a r m i n g o�per a t i o n a e e rc i e d a n b y t h a 4 r u a t o r.t h a�►u s t e e t h a�1 9 1 v e�u b il a notice of eate to the p eroona
<br />�v'�,;`:;�`;'�''�;`=''" a�d In the manner p►escriDed b�r appplieeble lew.Truatee,without demand o�6oaowor,phal�eeU the propertv at publia auotion to the higAost
<br />_.�, ...� l3'�'t
<br /> ��,�,.'., ,,: bidder.it requlred by the Farm omestead Proteatton Aat,T►uatee sheA offe►the propeny 1n twa aeparate aAfas as requirod by epp ce e w.
<br /> • T�ustee mey postpone nale of eA or any paraei ot tF►e ptoperty by pu6YO amouncement at ttw time end ptace of any ptevtousiy acheduied�ete.
<br /> :,:t,i�s..:;�.�;�..e Lender or its deaipnee mey purchase the proparty at any sate.
<br /> ��;��.'r' Upon reoefpt of patrment af tha priae bid,Truatee ehe11 deitver to tha pweheser Truetae's deod convayfny the properiy.The reatNets oontained in
<br /> �,y.r.
<br />-,i, ., � Trustee's deed shell be prima feaFe evidienee of the truth ot the statements cor�tsinsd thereln.Truateo shel�spply ths proaseds of t1�s uls in tlfe
<br />� +��""'' �� foltowinp order: tsl to ail expertsea of the enle, inciuding, but not IEmited to, reasonsbie Trustes's fees, reasonabis �ttomey's tsas end
<br />`L ``--°:��� refrtstetement fess;lb)to eii aum�seixuwd by thte deed ot t�usG and (e►the balanca,if any,to the persons lepatty eMiNed to roeeivs it.
<br />=�v�tc.•
<br />-�.. ;�; .!•� 13. For�eliown.At Lender'e option,this deed of truat may be toreclased in the manner proWde by eppticeble law tor torocloauro of mo�pea
<br />--�_;°-:�:=�-� onroeipropertlr.
<br /> -�,;.�-�:.
<br /> — — 14.intp�Wn.Lender may enter the property to fnspoot h if Lender pivea Bonowar noUce befotehand.The nottoe must eteM the rotsornbls
<br /> --- ceuse tor Lendnr'e inspeotion. `
<br />�,..�,�°:=a��
<br />__ -�=�_� 16.Ca�d�m�tTon.Bortower wefgnt to Lender theprocaeds of am► award or oialm tor damages conpeoted wfth a condemnation or other tekipg
<br /> �4:j;���, -. o!ali or eny part of the property.-Such proeeods will be appliod ao�xmrided in CoveneM 1.'fhia esefpnmorit Is aubJeot to the terms of any pnor
<br />- ,•r`�;�� seaurity agroemertt.
<br />�ti:,�i:' �g,yy�ivK,By exerctsinp any ro��avaflable to Lender,Lender does not 8iva up anY�tphte ta leter use at►y other romody.By not exerdainp
<br /> a aml remedy u�oo Borrowe�'s defauk,i.ender does not wahre any rigM m leter eonstder the everrt a detauft if R happens again.
<br />�r���IR... , _
<br /> - --��,:.�; 17. Joint and Sswnl��,Co�ti�r�: Succason and Aa��t Ba+�d• Ail duttea under thia daed of truat ere joint and eaveret.Any
<br /> -.�-.,.^+�� Borrower who co-aigns Nia deed of truat but doea not co-sipn the unde�i�ft►g debt tnatrumoMle) does so oniy to grant and convey that
<br /> -�,.--°�_,.-��� 8orroweYs t�erest in the pwpertY to the Truatee under the termf ot tAis dsed oTtrust.in addlUon.sueh s Bor►ower aprees that the landar and
<br /> .��.���� eny othsr Barower undor this deed of trust may extend,mod��meke any�her cha�gea in the terms ot thts deed of uwt or dre cacurod
<br /> ���� debt whtaut thM Borrower's conseM snd without raieasing tht�t r�awer irom c4oa tarma of tlda deed of truat.
<br /> -•--�:_�:S}i; The dutiea end beneflts of this deed of truat shait bind and Ise�efft ttse successare arod essigna ot Lender and Bortower.
<br />—_�....,t.�jq,�p, -
<br /> }q,:,r 9H.Nottw.UMesa otAerw�se�equired by Iaw,any notic:e ta @errower aha:9 me��e:►ell delivertng k or by metitnp ft by ce►Nried mail addreaaed to
<br />�_,?.,,•. ,-�v�.�S, ,; 6onower at tha propertY addross or an other eddress thet Porrower has g�xea to L�'.�r.Borrowef wqt pive any nottce to Lendet by Nfied
<br /> x
<br />�`F; , ' .. ba ear�it t�o�Landera areddrcss ai�e�tated on�p gee of thfs����r addrosa wRi:.'rr tonder has de�ipnated.My othor noUee to le er ahatt
<br />�:•'. . .
<br /> ' ' .��' ,Aeey raUce ahall be deemed M hnore been given to Boor,�cn+Londer when ghron in tAe mannor stated abovo. , `,_.
<br /> kn?
<br />_ d•, �g.�K o}�pr��y p�gm�iidd�,zamst In th�ilorrowss.M atl or any part ot the property or ar►y intetest in it is aotd or trensferted
<br /> 4 y withart lender's prFor wdtten conseM. Lema:�may demend Imrtsediet�paymeM of the aeeured debt. Lendor may etso demand immedieta
<br />_ i.
<br /> dpemeed pay�meM in�e ab ve�eituatlottsrif it�i��ptohibited by tede sat lewras of the da e ot�IS d dtofor�uansterced. However, Lendet rttey not _
<br />- '.' 20.R�aom�yan¢�.When the obligaUon eecured by thfa dead ot truet has beeo paid and lender has no turther ob�lgatton to make advancos
<br /> � � under the tnsuuments or egreemoms sacurad by thfa deed of truat,the Trustee ehaif upon wrltten requeat by the Lendet,reeonvey tles trust
<br /> property.The Lender ehall deUver to the Bonower,or to Borrower's w¢ceasor in interest,the trust deeC and the eote or other evidenco of the -
<br />- - opi[gation so eadstied.Borcower shali pay eny recotdetfon coste.
<br /> r.-
<br /> , 21. Sucensa `ond et Lern�'s o�{on, mey remove Tn�st¢e artd�eppoiM a successor trustee by tire4 mafitng a copy ot tfie `---
<br /> ' ' ...w.w.�a�.�F..�ev s���-�u�Isw.and tlmn.6v fafino 4are seibstihRtun ot trustee tor record in the office of the registor o4 deeda �_
<br /> --_-_-- = of each cmraity�i w�o�h�e fiiat ProFerty,or somepa rt the�eot,ia C:trsat�9.TAe suaessor wstee,w�mout aonvav�oi sne p.apeci.y.cRa�� F-.
<br /> �m
<br />-' � aueeeed to 0:7 tho power.duties,autho►itV e�od titte of tlu�Tcwme�sme�in tne deed of tn�at and of any succoaaor rouat�o. .�:�
<br /> r.:.:
<br /> T i:::`.'
<br /> Ff�:
<br /> _' R.�:
<br />�.
<br />= (pspa Y o�ZJ -
<br /> . � � ¢A:�►1cIItS8v'3113�?3.u�..5'C.CaQ4lAtLttl 66AOt t�-0IIG397•23�tiFOfWQCRM(NV!ltt99t
<br /> - `• . , �'_i
<br /> ,
<br /> +.._ __�
<br /> A
<br /> ,
<br /> �__—.—�..."'—�---"'.�_....._..�_..,�—_--�" _ -- --'.'_._.�__�^'__ .. . ... . .. . _._��,. ..t . __.,_. _..._ --..
<br />
|