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<br /> � OSs1Et-188� DEED OP TRUST Pape 4
<br /> �� Loa� No 74168p:�� 9���Q'�� (Cor�tioued) " ' � • —
<br /> . c _
<br /> - -. •-'i the proce9ds o}arry fnturana snd�ppry tM prooadi to th�rsduntlon o!tA�Irtd�btsdnes�,payment ot�iny(fen attic9rsg Aie Pro�aAy,ar tlu�
<br /> � � rc�storation and repak ot the P�apoRy. M Lender ekob to eppry tho proceeds to restaraUon and repalr.7rustor ohall repatr or ropleca the -
<br /> damagad or d:.-t�ya6lmpravementa In a manner eaL'sfaotay to Lender. Lend�ahau,upon sttlsfattory proo!of suct►expend�ture,pay or
<br /> relmburse Trusta hom the praceeds fa ths roasonable aost o!repalr or�toratlon R Trustor b no1 In EofeNt under thES Oaed ot Tni31. Any
<br /> proceeds which have not been dtsbursed withln 180 dnys aRe�theh roceipt and whtoh t,en�dsr hes not commllted to the repatr or rastaatton ot
<br /> ,.t� the PropeAy efWi!»ussd}kat to pty any emount owlnp to LeMler under thb Qeed of Trust,then to pay ecawd Utarest,uid tha rem�InWr.If
<br /> eny,shali be appited to the pdncipel baiance ot the Indo6tadness. It Lender holds any proceads fltter payment In fuU of tlia htiebtednsss,euoh
<br /> ^ proee�ds 3ha11 bo paid to Trustar as Trustofs lntcrc�is muy appar.
<br /> .�� Unexplred Infuprfa at S�te. /Ny une�lred insunrae efuli Inure to th0 beneRt of,and pass to.ths purohaee►o!the Properly covared by thb
<br /> � ��:s' Deed of Tnist at any hustes's eate a other sate hotd undcr tho provtstons o!thta Deed of Trast,or nt�ny ta�edoaure eals ot wah PropeAy.
<br /> ,�wF�i*� # k7fPENDiTUREB BY LOitDER. If Trustw telis to comply wttA any provl,_�'m►.p!this Deed o!Tnist,or B any acdon or pra�edlnp b cammeraad that
<br /> . ... -•r+X+`' woutd metedaly af(ect lsnd�'s Interesis In the PropoAy.le,►�der on Scu�p,�s,bahatf may�but shatl not ba requtred to,tako a�ry eedan that Lander
<br /> � deems flppropdate.Any amount ihst Lender e�ends hn so ds�sng rt�t tr�G�n�sest at the rate provided for in the Note hom tha data Incurred or patd
<br /> .� by Lende►lo the date of repayment byTcUSta. A[I S�ch oX�a�s,ti0 4a.^rr,t,�'g oq'{a�r�tU (a)be payebie on demand, (b)be ed0ed to the bt►unce
<br /> . r ot the Note and be appordonad a��r�d @�gra�a4���9l1�1ciy t�i"��.a�ta bscome dua during etlher p)the term af any applkabla
<br /> '•� insurenoe Ra11cy ar p�the remalNn�S�rt4 e!ttta Nt�4e,ar,�a Q�tse�tedi c�2 q@alloon paKcr�ant whfeh wIA be dus and payabte at��Noteb matwity.
<br /> a .
<br /> '� This Deed n4'itust s�o n�secure paymen4 ot these em�k, i'ha rtsh��,;tia�,qd�ed Y�rr tn G�paragraph shell be in addldon to sny other dghb or any
<br /> �� remedies lo whSCA lranslY�crtag be entitled on account of idta e�a4s�u(G My suoh actlon @y 6,ac�r shatl no!ba construad as otutnp Iha defautt so aa to
<br /> ' 6ar Lender from a�r�m�that it othawise wouid have Dard.
<br /> 1�r',�;•�:'; ,
<br /> .� ,;;;��R�; WA�iRA,NiK;�.QF]t+11LE. Ttre fopowing provisio�retetlnp to own�shlp ot fhe PrQ�arry are a part ai thb Oeed ot Ttual
<br /> • !:;'±�h?;:�'.� 1'CQlO. 3huator waRants thak (a)Trusta holds good and mericet�Dl�tiVa of reaord to Ure Pro�[.i 4ae stmple,tree and dear of ati Ilena and
<br />_ :.';f_3�k?2:;�#�;. e�4aum0�unoes other than thase set forih in Me ReatProperty deSC�iF pn pr in eny Hila tnsuranoe 3ta�?�yr.tqle report,ar Ana��e aplNon ls�uod in
<br /> k •� ffivor of and aoospted by.Lsn6er in connecUon wi2h lhis t�eed of Trvst,and (b)Trustor Nea lhe tu�ri�ht,power,artd au9halty to exooute�nd �
<br />-_ '�� `'�" . r detiver t�b Deed of Ttust to Lsnder. �
<br /> ��- Oefenae of THfs. Subject to tlie mroep:qn in 1M pAraBraph ebove,Trusta�waRards and will forever Q�1��d the Utle to the Property ageinst the —
<br /> u taw(ul deims af a!1 persoris. In the��ron9 any eoU7�n ar prpoaeding fs commenoed that questlons lkstars tHle ar ihe tnlerest of Trustee or °
<br />` i+�� � .I.�nder nnder tNS Deed ot Tiust.Tius'1ar sAaA detend the adion ai T�ustors e�ar�ss. Ttuator may be�he nvminal paAy In �ch prooeetllrp,but
<br /> � `�, �dT_;?�,; Leiniev shalt be en8ded to partidpats In the prooeeding and to be tepreso�ed in the prooeemnp by cou,�sei of t,endefa own choioe.and
<br /> tled
<br /> _ ' �•� Tn�alor+;�delhrer.or ceuse to be defivaed.to Lender such instrumerds as Lender may request irom 8me to Nme to permft euoh particip�tion. -
<br /> . .•. ..;. Compilancs 1NN1f Lsws. Trusta wertards that the Po'oPedY and Tnistors use of the Properly compttes wit�,�II extsiin0 ePPUcabb laws. -
<br /> ordln2nGes,and regulalto�of QovemmeMai autho�tes.
<br /> ' ; CONDEMNATION.fie tollowirg prov�lons relaUnp to condemnatlon prooeadinps are a part ot thb Deed of Tnist. -
<br /> ;, Appilcetion of Net Proaed�. 8 eil or ar►y part of the F�roperty(s condemnod by emtnent domain prooeedEngs ar by any procoetJi�p ar `
<br /> ' '� purchaSe in Ueu ot condemnaBon,Lender may et ib eieclton requlre that aA a any patlon ot the net prooeeds of t�e awerd be applied to the
<br /> i';.`:. � Indebtedness or the�restoration of the Property. The net prooeeds o?the awerd shatl mean the award a4!at payrnant of aU teasonetrie
<br />_:�:.�..::�:•�; ' cosb�exp�seo,and a �es Inou�by in�siae ar iender in connection wiih fhe condemnatlon.
<br /> �"�' � ' P�o�dhtOs. f!�im!Prooeednp M condemneUo�is flled.Tn�sEa shel promplly noiHy lender tn wr(tiny,and 1'e�agtar shal promptl►r take auch
<br />_.-,�;�.� ., st8ps�as inay be neoasaery to defend the aeflon art�obtaln the award. 7nntor rt�y be the nominat paKy tn auoh ptoeoediip�but Londer nhaD
<br />-y..�,':'ri�{;;. be enAHed to tn tha '
<br />-�h.e:.�,������`., PertldPafe ProcQed�r�and to be teproseMed fn the prooee�ny by eour�sel ot 1ts owa choic��nd Tnstar will deuver or
<br /> cause to be deilvered to LendBr such�nshfinfeMs es may bo requested b ft from tlme to Ume to i su�h d�v
<br />,,,; g.�f'1t,1�`� Y Pes'rM� GardciPeflOn.
<br />�r �`,1 ';� IMP'OStI'fiON OF TAXF_S.FEE8 AND Ct1AAGE8 BY QOYEfiNl1ENTAL AIlIiIOROTIEB. The toUowing provistons reiatlng to govemmental taxes, -.
<br /> �,��;�.f��,i, tees and cherpes are a part of Ws Deed o!Th�
<br />''�y'-z� �> Current Tmi,Fees�nd on
<br />_;,,�..-- CAr�et. Up request by isndet Tirustot ahaN e�rooate euCh docume�s in additlon to this Deed of Tnist and teke
<br />-_.,5 _::�,:. whatever oiher�dton b u�ted b LeRder to
<br /> —r„-•°,� �d re4 Y Oerteat and cordtnue lenders Nen on the Resl Propedy. Tn�sta eheH rei n�6ursa Lender ta ell
<br />��� �•��_ taxes,4�descr9�ed below.toQather wlth aH e�e�es tncurgd in�cordinQ.peAec7tnp or eomtnutrg this Deed Ot Traut,lndu�np wHhout
<br /> �"'_-'�:"_,� � IlmitaUOn aN texes.tee9,doCUmentery�4ttmps.8nd other OherQEls fOr�ordina or replstertr�p this Oeed ot Tn�st.
<br /> -i��.,:
<br />�,f;T_�3� Taxes. 'fie faMowUg BhaA��res to wNah tt�s sactlon epAdex (o)a sPer�lte ta�c upon this type of Deed ot Tranl or upon eN or aoy
<br /> __,;,,� part of the Indebtadness secued by thb Deed of Toust; (b)a spedlb tax on Tiustor whtch Tn�stor ts authafzeSl ar nquirod to deduot hom
<br /> payrt�ents on the Indebtednass se�ured thts lHla o4 atled o!Trus$ (o)a�c on U�ts•type of Deed of Tnist ehqqpana]o ap�inst ttw Laid�r or
<br /> �.y���� the hoidet ot ths Note;and (d)a�tex�{a e1I�r any paUon ot the�ndebt�tJ�+nss pr on ppyt�4Atda of.prirto�pnl rand tntxest made by
<br /> r=:,:�,�s,;4 Trustor. ' , . , • '
<br />_�: _,�:;,. Subxqitent Ti7ces. if any�c to Wih9ct�7MS sectl��e r�Plfes 1s enn�Ked .
<br />�„� �� 31�SOquBtlt t0�lhe''QA19 4?1di:i D9ad Ot Tt1LS1.UII.:eveTtt Shf10]halve thB ,.•• .r:
<br /> ^ �^-'-�-�,• aame eHe�t ss an Eue�tt ot OataW(as Q�tined II�etowp.��r►d lmder mty axerdsa anr,ar a0t ot lts avaNbmte rsmedtes tar�n EveM ot Dein�dt as � '
<br /> '��('�:` DroNQed betaw urY�Vrwtor etther (e)Palra thd tett�toro R becomss daBnquenl._Gr ib)voMesfs the tex aa P��s�a�ore in fhe Taes md �� �
<br /> �.�u��,, Ltans secHon and depuiib wNh I�ender ash a a at�tUcrant oorparate suety bond er o4Ror s9curily sa�toryr to Lsa�r. •
<br />_���' �dlRITY A�Ti FINANqNtO STATEME�IT'S. 7tie touowinp provLsloro relaUnp�ta tlds Deed of Trust ea a secwlly a�rmmeM are part ot
<br />-�� s��,; tNs Ooed ot TnAt. ,
<br /> '"�t� SeCUrih►Apre�rtbrtf. Tris Instrument shaN eor�stliute a sea�rNy apreemer►t to ttq�dent any of the Prcpu�ty eomtit�s[aRUres a olhrx `
<br /> pe�sanal prope�ty.and tender sMt hane aU of 4he¢gMa ot�secured parhr undar the UNtam Commerckt Code�s nun�ided irom tlme to
<br />--��.�=�. tlme. • • .
<br /> —�ai:F� ° � '
<br /> ._ "° . seautty trdere�t.�u�an�eauass uy l.enaer,Tr�astar�Tar execuh nnonornp smtemeMs.nd mks wndever otner e�imt+:ls raauestea br cenmer
<br />=--_=�r�c�-�� ' to pertect and wr�Efiu�Lender's sectr(�r trtarest In�he RaMS and P�sona!Proporty. In ad�9lton to reco►�np Ws Caard d V'rtt�f�a�tha rent
<br /> 1--.;"��";�}'-, �•` ProAe►h►reca►ds.Lender may.at tml tlrr�end wifhout futl�e�uMori�ton irom Tnutor.lNe eorecated cou
<br /> r�parb.�oP�a�a�it�Iara af
<br /> ;�,.�� ' thla Qa6tl ot Ttust a4 a flnflndnp ata8ement Trtastor ahal retmbtrsa Lendar tar a1 eo�enses tncvred tn petfecttnp ot eonlnWnp t?a�s set�rity
<br />?�`_' � � Interest Upon defat�t.Tn�stor s!W assemble 11p F'�sunal PropeAy fn a mnnner and ct a plaoe reesonably convardent t+o Tntstor and lemler
<br />- - and make ft avaAa�:a da dandar vY�ln Ureo(3)days mRx reoetpt o?wrHten dert+and trom Londer.
<br />-� ' : A�Grossas. The n�llr�q nddresses ot Trustor(deRt4cr)8nd lsnder(sseured P�)�Bom whtch tMamatton�noemlr�It� securiiy Interes!
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