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<br /> ,� ' ��Lo n NoaT61647 D�ECo�n edUST ��96`° �1rl��a,irJ Pa�e 3
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<br /> of 7ast.
<br /> RROPERT1l OANIAGE IN8UAANt�. The fa9awinp proNsions retatlnp to insudnp!he Property ue a part o!tNS Oeed of Trust.
<br /> NAatntenanee ot�nsure�►ce. Trustor shatl procure and maintaln polidos of flre Insumnee wllh sten0ard extonded covarat�e on0oraflmants on a
<br /> • reptecement hasis ta the tuu tns��rable valua oavarin8 a0�mprovemeMs on the Reat Properll��n a�nmount sulticient ta avold appllaatlpn ot any
<br /> ' cotnsuranoa clause,and wllh a standard martpagee clauso in tevor of Lender,to4elher with euoh other ha=ard and Itahulty haunnos ae Lendar •�
<br /> may�easonebry reqWre. Polbies ahaU be written in torm,amouMa,coverayes and basis roasonnbty accePtubio to lender and issuad by a
<br /> � com n or companies reasonabty acoeptabie to lender. Trustor,upon request ot Lender,witl de�iver to Lsndar hom Umo to Umo tha po!:ct�s �,,,;,
<br /> �:� or oe�id8cates of insurance In form satbtnotary to Lander.tndudtrp s11pu4Uoris that o�vorepes wIU not be cancelled or diminishsd w�lhout at ��__
<br /> ' ' loast t�n p0)days'pda wriRen nollce to Lender. F.�ch Insuranae pollay a�so shaD Ucludean endoraement provldinp that coveraae In f$vor of �;;,•:
<br /> Lender wlu rtot be tmpalred in eny way by ar�y ect,omis�on or detault ot Tnutor a any olher parsAn. Shouid the Real PropeAy at any Gme ���.:;,
<br /> • �+�� beeome txated in an area designated by the Dlreotar of the Federei Emerpenoy Manageme�t Aganoy as aspedal Nood herard area�Tnuta �"
<br /> T"'���^'""� '• egroes to obtain and maintain Federel Flood Ir�sura�oe for the tull unpaid pdndpat balance of the toan,up to the me�dmum pNby Umib Eet �__
<br /> under the N a don a t Floo d t�ura noe P r o p r a m,o r a s o t h e�w l s e re q u l r e d b y L e n d e r.a n d t o melntein suoh Irtsurance tor the t�rm ot ths toan. �:::
<br /> p(pFPiDI'RipEg B{t L�7iDER. if Trustor faAs to compry wlth enY Provislon of lhis Oeed of Tnnt,or If any action or pra�ading b eommenard that �
<br /> � � EB take an aeUOn that Lender
<br /> � woutd materEaCy aNect Lender's inte�'�Iv►the PropeAy.Lender on T�ustots behelt may,but ehatl not be required to, y _
<br /> 1 � �ma egy�pdate. Any amount tha4 Lend�r�ands In so dairtfl r�i:l�Mterest at the rote provided tor in the Note from!he dat9lncum�or paid -
<br /> } by Len�ur9�the date ot repayment�yT�astcr. M s�ch e�qarns�s.r�t t�edaz"s cPUon,vuiU (s)6t payabSe on demand, b)be addad ta thn beiQnoe _
<br /> ° . � of the Note aed baapparNaaed amo�g av�d�e payab9 an'V►any InstaUe+�mn9 p ya o'ier�to becoma due dudng either p�iho temn of enY eAPUoeele _
<br /> I�urence poltcy or (Gj tha Pemalnlnp term of the Ns�a,or (C)De treated es a banoan�AYm�ot whtoh wiU be due and payable at the NoSe'a malurfh►. _
<br /> This Deed of Trust etso w€!1 s��ua payment ot thes��moau�b. The rf8hts provfded fo�6�e tle��arepraph shaA be in sddltlon to amr other dphts a any _
<br /> ''��' <. remedles to whlob Lender may be er�4ltiad on exount ot 4he Oefaul� Anf►such aoNon fa�P Lon�arshaq nct be construed es audrp the detault eo as to
<br /> ';:s;•�t�• ! bar Lertder hom any remedy that R o24�xraslse woNd havs had. -
<br /> 'Y'°��,~� WARRANTY:DEFE�lBE OF TI7LE. '�hs Ca�:lowing provieio�reiatlnp to ownership ot the P�c�edy are n gr�xi c►f lNis Oeed of Trust. �
<br /> '�f:,�v;':�•
<br /> �5�;�: Title, Tnistor warraMs tha� (a)TFustor hdaYs qoo�► 9nd marketabte dUe of reccr�to tP+e P�operty tn foe simpie,tree and dear ot a0 Uens end ---
<br /> �' '`�' ' ertcumbranees ather than those set 4ortA!n the Reol�opertY des�xtpUon ar in any 4ii!o inswanoe patay,tltle reporl,or flnel Utle opinton Issued in _
<br /> • ,, .+• tavor ot.and acoepted by,Lender in xonneeUon wHh tAts Deed af Tn�st.artd (b)Tn►stor hes the tup�i9ht,power.�e��authorily to e�mcute and --
<br /> tiEF��i,,, deliver thfs Oeed ot Trust W Lender.
<br /> '��' ' " petanse ot Title. 3ubJect to the aKC:�pdan in the paragraph above.Trostor wartaMs and wNt forever defend the tlHa to tha Prage�lr�galnst the
<br /> .,t�,,�.
<br /> ,;;:<'-'� , 18WWI Cfelms ot ell petBOr�s.
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<br /> .;;�a:�'�• DF�At�T. Each of the foAOwl�.at the optlon ot lender.she�l conslitute an event ot�Muft('�ver�at OetauU'�under this Oaod o7'lY�s9: —
<br /> ���''���r�•�"� � DetMttt on tndebtedrress.Fafture of 7rusta to moke amr payment when due on AJ�o fndebtedr�ass.
<br /> :<.;�;fl:i��pl+,:
<br /> � � pet�Utt pn Othe►Payments. Fa9ar�ot Trustor within the tlme required by Mis t?eed ot 7ntst to make any payment ta texes o►insuranCe.or
<br /> `�:•�,�•'t;�����i; any other paymet�t necessarY to pr�ove�fiUnp of or to ettect dLscharga ot ar►y Iten.
<br /> '�'��'+���j��—, . �, p�D.�P Tnigtor to comply wllh eny otlfer tOmL obilgatlon,covenaM or conditlon cordelned in this Deed of lfusf,the —
<br /> krk 1'�� P10t9�p��g y Ot th0 RE3tGtOd OOU1rit)fll9. ,
<br /> �. ;^�'.,�(dS;�;` � �'
<br /> ' � � Oeteeliv0 CoilaterdiattOr�• This Deed ot Trust or am of tho Related Documertts oaasee to be in�/ul torce aad eif�cl pnciudlnp kUlure of sny �
<br /> �•,'•� �; ' collaterat dxumems to ereate a vaitd and pertected secueity tntereat or Ilen)at en�p Hme and for any n9ason.
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<br /> _ ��;��f,''�., De�tA or inaWven�Y. The dealh a!T�stor.the insohrenoy ot Tvu9ior�1he ePPoindnent ot s r�lver for any pa�t of Tn�stors property.enY
<br /> + �l�<�i;��!r essigrmeM tor the bene�t ot creditars.enY tYpe of ereditor wCrhout.or the commenoerteent o9 any proeeedtrtpj�ander any�benkruptay ar
<br /> _ �!' irosoiustwy lawa by or agalnst S'wstor. :
<br /> E1iaMs Affeatin�(C�arsntoG My o!the precedin0 everda ocau�s with respeC W arry►�uerantor M any ot the Inda�tedness or sny Querardor .
<br /> .' • . dles or becomes Inaampetent,ar revokes a disputas the vaildily of.or Ilabiliry under.amr Ouerer�f►of the Indobtedr+oss. Lertder.at Hs apUon, .
<br /> ' v may�but shatt na!�e requlred 10. Pe�mR the Guarantors esffite to assume uncondittonat�y the ob6gaUons arisln�under the qiwranty in a
<br /> �.::".-•":� menner salistectaY to Lender.and,in doMO�.cure ttis Event of Oetault
<br /> � . .�,.J IneOCUrtIY. tsnder In Qood(aith deems ttselt inseoure.
<br /> `.�.A:��.:;.;� RitiH7S AND REMm1E8 ON OEFIII�.T. Upon the acaurtenoe of any EveM at beiault end el a�Y Um9 thereattar.lFustee or Lender.at fts opflon. -
<br /> 'r;'.,;�.� «�sy�a enY ons or more!+�n�a mnnwlno dnhls snd remedies.in additlon to anY othe��ISMS or remedies provtded by law:
<br />-�+�����- Acceterdlon upon Detau�AddnionM Rwnsdies. If any event of detautt occurs as per tha tarrtrs of the Noto.secured hereby.Lender may
<br /> "",-��```" dedare a9lndebtedness secured by this Deed of Ts�st to be due and payable artd the sertie shall thereuQon bec�ome due and payabte without
<br /> '�.�'.;�'�i':` any presentment.demand,Protest or noUoe ot any WnA. ihereatter,tsnder may:
<br />��'"•;;:-:; (a) Elther tn person or by apDnt,wHh or wlthoN bdngirtg mrry aotlan or praceerinq,or 6y s reoetva►appot�ted b!►a coutt and wlthout
<br />- 'r� ,.��:�t� •
<br /> .�•:��,.�.:r° reeard to the adequacY o?fis sacurlly�srna uPQn and tetke PFU�ession ot the Property�,a any Part thereof.tn its owe nam�e or In name
<br /> •'t,?��.�y.`..._ ot'frustee�ttAd d0 enY euCts wt1iCA N deetats nDOessBty or d9slreb(e W pre5�►9 th0 v�ue�marketeb[dty or ret1(etbiUly Ot 1h��ProPeM.a Da��
<br /> '_=;' of the PropaYJY ar interest in ttie FMapA�ly:�incr»�sB the income trom the Pray�unl or DrotoCt the securtly ot th9 F'rop0�iy;end�wltt�or wtthout
<br /> �'r� c tatdr�possesston ot the PraGenY.sue tor p�othe�wise cottect Me reMS,isstFa�and profib of the Propecty�I+nctudtrg those paat due and
<br /> - _��,c�"t�v' unpatd.and cAPly the sam0�Ee�aos�an0 e�enses of operatlon artd cotteofion.ln�tudinp attomey�tees�:4o any irtdeDted��
<br />=..,;�as�� by this Deed ot TrusT,ell 0�sua�+acder as Lertder mey dstermine. The eetering upon a�d t4kt�sg pa�esslon of the?roperlll.
<br /> - - o!saoh re�s.Issues an�prafl't�.uetd tifg eppllcadon Mereof shaU not eure or we��e eeY dotault at rtOtlo9 of detautt ander this Oeed ot Tn�st
<br />��..=�+wr�,=.�-.^�= or ImraUdata any aat done i�aesponse to such defautt or pursuaM to such notke of deiaull;and,notwllhsSandinp the co�tnuance in
<br />==.��;�ae4E�;-, passesston o!the ProPe�h c�U+e cNte�liun, recetpt and appiteatlon ot re�s. issues or p�.Tn�stoe er Lender sheN bo eMitled to
<br /> ';'"•-���?.• , exeneise evory dght provtded for in the Note cr the Retated OoeumeMs ar by taw upon the ooauaence of any event o!detauit,indudin�the
<br />___: , �igM to e�oe�ise the powet of sele:
<br /> -,,' �,F:;. � (b) Commence an actloe�to?aectase thb Oeed ot Tn�st es a mod9a9e.eDPotnt a recehret or spedNcally ettiorce any of the caven8nb
<br /> E��. hereoh,and
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<br /> (o) �etiver to Trustee a cwrillen dedaraHon af default artd d�mand for sate end a wditmn no»ce of defauN artd eleeUon 4o cause Tntstor's ___
<br /> .. interest In th�ProStsAy t�be'Sdd.whtch notice Tn�stee Shail eause to bs dah►fited fmt retor�In the appmpet&te of(ioes ot the Courdy In �.�.
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