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<br /> ��� oa22-ts98 DE@D OF TRIIST 98�l1�3S6 PAg° a °"
<br /> � Lonn No 798413 (ConUrtued) �
<br /> � ' �
<br /> � Interist ot Londer under tht9 Ooad of Trust,except tor Ihe lien ot faxes anG assessments not due and accept as othnrwise provlde0 In thts Ooed
<br /> c� 3 � o!7rust.
<br /> T tor ma wiihhotd a manl of en e,sessenent or clalm In connoctton with n ood talth dispule over the obNpttlan �`'
<br /> iitphl To Coniesl. ros y R Y Y w4 � 8
<br /> u�. to pfy.so long as Lendnr's Interest In ihe Propedy Is no1 eopardlzad. If a Iten arises cr Is fited as a resuit af nqnpsyment,Tnnto��h�M withtn R;
<br /> 8Re1n(16)daya etter Ihe Iten artses or,it a lien M3 ftte0,wi�Atn flReen(tb)dsye�Rer 7nistor hea nottce ot the 1lilrp,secure Iha diacfw�ot 1A0
<br /> Ilen,or If repuested by Lender,deposll with Lender cash or a�u!tictent corporate surety bond or other seourlty seUSfactory to L.endM N an
<br /> �� " emount euf(iclent to dtscASrgR fAe lien p�us any costs Q�ad attornsya•tees or otner cAar�{es that coutd nxrue as a rosuu of a eareetasun a caie �-
<br /> '�� undlr the lien. In any cont9st,Tntstpr shatl detend ttaNf and Lender and sh9U EaUSy any adverse judgment 6etore snforcement�ytlnsl tM �
<br /> .•,,-�� piroporty.Trustor ahalt name Lender aa an addtUOnal qbtip�under any eurety bond fum�shed In the contest prooeedinps. -_
<br /> . �_�v� E�rIO�r�at,Fpyfmpnt, 1'cu�tor shalt upon dertwnd tumtsA to lendw saUatactary evidenr�of paymenl ot Ihe taxas a assessmeMa and ahell �
<br /> i►�` aulAOrl7,e lt►!1 approptiAta�quommentel ofNclat to detiver to Lender at any timg a wrltten statement of the texes artd assessrnenls�psinst ths _
<br /> �:,,,�wir�•f. Prape�ty. -
<br /> :' 3 1�6otica of Cc�AlrvRpp», tr,ustpt shEali nobly Lender at tessl6ftoen(15)days before any work is commenced,any senAces are tumished.a any
<br /> �t� materiats aro suppAad tq!ha Pro{ss�y.it any meehania's Gen.mfltertaimon's Iten,ot other�len coutd be tsserted on eccqunt of tNe work, �
<br /> serYbes,or mAt�dt►ift.Thtstor w�l upan,r4quest of Le�de►tumbh to Londer adv0rq9 es5urance3 sattstactory to Lertder that T�ustar Can and wiN
<br /> „ ,�' paYlheco&t,otsuah.improu0manta.
<br /> PROPERTY OAIAAGE I�1St�iANC�..Te►p(alWwinq Frovlslcns relatlnp to insuring the Prope�ty ar�a paA of thts Deed ot T�ust.
<br /> Nl�Inlenutee 4t ht�tuAaOe. itustar s�M A��►s and matntafo polldes ot Hre insurance wtth st�ndard extended coveraae BndorSarrt�Ms on n
<br /> � repl�cemant•be6la t4t tha full Insurebla vIIlue eoverir►g alt 1mprowmenb on the Reat Property tn an amount eufflcitnt t0 avdd upptictl[on af any
<br /> ' ' colns�tranR�t plau�e.Rnd witN a stsndard mart9eQee daus�In tawr of I.ertder.Tn�sta shell atso prpcure snd malntaln comprehertsiw penera�
<br /> Ikrib�ty tn6urqnae In suoh aoveraQa empunt8 aa Lender may req�est with trustee and Lender being named aa additlo�ai Insureds in eucA WbltHy
<br /> � k
<br /> '. IrsSUrHrtCe pcllAles. AddiKonelfy.T�shpN�mBtntein such other insurartce,InCtuding but nOt Itmited to hazard,busir�ess inierrupfton,end �
<br /> ' .�•.�:• boiler i�surnrtae,8s Lendor may r@ascn�bM tr3Qyl�e. Polictes shail be�wii[t�n In form.amount�,Cover8ye8 end bas(s r89sonsbty 80CeptAble to
<br /> � 4en4er and tssued bY a�+nP�M w�mpanies reasonabry acceptebte to lender. Trwtor.upon request of lender.wIN deliver to Lmder hom
<br /> ti�►e to dme tha po!lale3 or CertlflOfites ot insutance U to►m sttNsfactory to Lender.fnduding sUpulaUons thal coverages wf8 not be canee�Aed�x
<br /> � ��minished wllhqut at least tea(101 da�'pdor writteo notice to Lender. Each insure�nce pollay elso shall indude an en0o�soment provlding that
<br /> • cova►age In tavor ot Lender wfll•not.be fmpaired In any way by any act,omission or defaWt of Trusta or any other n. Should the Reai
<br /> '• . � Property at eny dms beaome lacat�d IrY.p1t r�cea desipnated by the Oirectar ot ths Federel Emergency Mane@sment�y as a�,Ilood -
<br />:-�;::�a � `, hanrd aroa.11rusta�egrees t0 o�latn ant�m�ii9ein Federat Flood Insurance ta the tull unpald pdncipal balanca oT the Ioan,up to ttw ma�dmum
<br /> .�: �.,,r •2 �^mita set under the NriUorrel Floo@ N;surenoe Propram,a as othorudse requtred by lender,and to maintafn such Insuranoe tot tha tetm W
<br /> ;�:,,' ' AppUcation af Rroe�ada Trtistor shap promptry rtotlty Lender ot any lass or damage to trte Ftrop�rly. Lender may make proot ot tosl i}Tnista
<br /> taus to do so rdthtn ftfleen(16)dnys of the easual4y. Whethet ot not Lendors securiiy is impatred,Lender mny.at its ebction.reoetva and retatn
<br />":'=;,,=':��� the proceeds ot any I�urenoe snd appty the proceeds to the reducaon ot the Indebtedness,payment of a�ry lien atfeeflnp ttw Prr�p�rly.a the
<br />-;�:�;. restorsUon iL:s�rSpalr of the t�Operly. tf Lender c+tects to eppry the procesds to restoration and repair,Ttt�stor shtd repaM or tlplaco the
<br /> "-"�«:u�� o+u�&tic�G:i�a3�'by8d imjit�rii8ii'm�its tss S sa8ass�a�'�Closy iC l.sssc�..LBAL.�^�.�l.tsR����i D�t fl!�^h��ln�tsl�!.�-x.^� -
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<br />�.,t��'�;��:; .rqtmOurEe Trustor from tlte procesQs 1or the reasonebkr eost ot raaa[r ar rastoraUOn tt YrtssSar r rtat in daautt unC�thh Dasd cr!Ta�t, A�y �-
<br /> :.,,:r,>,,> � �,�qoeeds++rptoA'have nc►t ba8n.disbu�sed wtthln 130 deys aRer thetr recetp�end�whkh t.�nder hes not commftted to the npadr a�estaaUOn ot
<br />-���•=` �� +�!�p fhoperty shaU ba 4sed fltst.to�ay any amount owinp to 4onder urtder thfe D�etl af Trpsl,then to pay ecaued Interasl,and tlie romatnder.H
<br /> -'��'$� . Any,shaq be apP���P�naipn7 Delance of the Indebted�ss. I1�endar fidds anY Procoefls after paymeM In hei�:ot tha I�debtsdnes�,sueh
<br /> .. -��� ••prxeeds shB11 be q8id to Trr�ator 8s Trlbta�s IMeresb maY eDpear• , •.� .
<br /> ---��:�� � �f��Ff��e si Sete. JuS�un�i ingurance shali inur�to the 4ane8t oL and�ss t0.fhe D�4haser ot the Property Cowred by tFds _
<br />__._._.'�►��::c . DAed of Tir�9t at pnyr fiustoe's s�lig dr aJher sale held under the provtsfons oP tNs T)eed of Tnt�t.a at any iaredasure sde d such P��operry. ;..
<br /> `=;.'.:�� ..
<br /> ::?%r�:� T�uetor's iiepal at�Inaursrtae. Upon request o4 Lender.howeve►not mure than orsoe a�,Ynata shal hm�sh to Lande���epo�o��
<br />--_;';? e�dsBr�g Paitay ot insurance shn�ing:(a)the name ot the insurer; (b)the�i.sks tnsured; c)the amou�of Iha po�cy; (d)lAe prO�eAy tnsured,
<br /> °��`.=��� the tNen curtant�ra�xcem�nr va�ue m sncn vroae�r,ana tne man�m de�e�mruna�at vmue:ane �e�tne•��aon dere ot u�s pa�y.
<br /> =_ _;°,,,��. TtustRr Shali�•uPon ro4u9st ot Lender�have an independent appraise�saUsfaGorN to Lender detetmtne tho Castr vata ronface�nar�t Cost af the
<br /> ---- PiropeRY-
<br /> � F��END17l�S Hr �p�. Ifi Tntstor hils to compty w(th any provislon of this Ueed ot Tn�s1.a If any acUon or Dr���is com�d thnt
<br /> :;:� tivauid•tniterimlN �LBndNrel Gthcresfs in the PropeAy�Lender on Tnntors behdt m�Y.but shell nvt be requtnd to.tWw an actlon Nlt Lendsr
<br /> pft N
<br /> �t�em��pprop�te.�M��ampunt�Utqt Lendx expends tn so dWnq w1U beu Interost at tM rate provided tor In the Note trom the te In¢�xr�d a pald
<br /> ..---- ---— by Lender to tha dhttl qf;tv Yntor►t by Tnistor. All such e�er�es,at londers oPUan.w1A (a)Ise PaY�te on demanC� (b)be ad�d to ths Wkrtce
<br /> of the Na1e and De�e0p�����►n9 end be payable with any ingtailmentpaymer�to become dua dudrtg aflher (�!he tann ot anY appi��41e
<br /> ' inwranoe poACy.:o�,({O�ih9!8mctininp te�m ot the Note.ot (c)be treatod as a balloon paymsnt whioh wiN be d�te end payab�e at tffe NoU's tnafiuily.
<br /> — TNs Deed of�TrusUatso r�f�sea�tts gayrnent of fhesa amounts. The ripMs prov(ded tor in thts pa�p�aph shall bt Naddriion to any othx riphts a any
<br /> ���,��_';�� romedies to w)ittrl��4ender may��bp enH►ted ao ee9ount of ihe deTaulL My suoh acHon by Lender shne not bo corelruad as curinp the dohuB so e:�b �
<br />---;�,�.�:,� barLender trom sl�rertlsdN tttAtiM�Gtherwise would have P�d.
<br /> ;�;�j:;i WAAFiAttTVi OEFENSE OF Y11�. The idlowinp provlsions wtaUng to owne�ship of the Property are a part oi tNs Oeed vtTnat.
<br />-"�:`°••s.-�a-- Titk. Tn�stqr.wartanLs that (a)Trustor hotds Qood flnd markettble tlNe of reead to the RoPe�!►in tee slmPte�tr��nd dev af�t li�ro Rnd
<br /> - -- ericumbran�s other than those sat tath in the Real Properly desaiP�on a[n nnY dUe insunance pottcy.title repat,orlinat title cDtnion issued In
<br /> - hva ot,end ecoepted Dy.Lender fn eonrtadton wfth Ihis Qeed o!Trust,arsd(b)Tnxstar twa the tutl right,power.and aNAoriryto execu�eand
<br />_ ---- deirer Ws tl'bed ot Trust to 4snder. -
<br /> _ • Dela�ae ot Tltia. SubjeCYto tha exa�pUon in the panagraph abo��e,T�wamards an0 wlp torever detend the tlUe to the Propertyapatnst�tw
<br /> ------- �� tgwM qalrr�s pf ad persora. tn ftfe event any se�on a.proceedin8 b commenoed that�questtons Trustats tltle or the Intar�;t d Tiusles or
<br />-_-_�° ��• Lender under this Deed of Tnut,Tnutor shai!defend th0 actfon at Trustors e�ense. T►ustOr may be the nominel paKy tn suah pro�9rq,but
<br /> -__=_`:_� Lender shail be enHitsd to paAktpata t►t th9 raceedi ng by eounsel ot lertder's own cho�a,and
<br /> �_.._ P h�'and�to be ropresented in the prooeedi
<br /> - -����� Trustor wul dellver,or cause to be defiverod,.to lendgr sudh Ir�struments es L.endcx may request hom Ume to 8me to pe�mB suct►partlo�iUon.
<br /> -°`j9.�=sY14:°' '(;6
<br />=��:r;.:�,�R.c. •� . _ CompllMtC�!'flth L.ars. Trustor wenanls tAal th'e Proparly and Ttu9(cr's use o!ihe Propedy comptles wHh ail e�dsdn9 aPP����
<br />=s=,-��; 'ordnances,•�nd regu►ations bi govemmentat authariHes. .
<br />°--_ ?_��'�;;;:
<br /> - �IbE11NATIOM.'[he toUOwi�g proNstans relaHnp to candemneUon proceed(ng.s ere a part ot tNs Deed of Tnel. .
<br /> �'-`;.,`�'.. � 'AppiMallon of•N1eE Proceede. If eG or 6u+Y R3rt of 1hn Ftoperty is ooctd8mned Dy smineM domaln prooeednQs a;�dyr,pnfr pioao�dnp or
<br />..,"L' ,, .1 �.
<br /> _..�.;,,,�,.,:, , purchase In Ileu of condemnaHon,Lendor may at ib eteotlon tequke that'sll a amr portion ot the oet proaoae�s ot the 8ward ba appBed to 9he
<br /> ,._ -_ � �r� I�debffiQness or lhe repair or restoration o?qAe Ptopeiiy. 1'ha net proceeds ot the award sheN mean tha sviard dter paymsnt at eU roasonaTc�e
<br /> _,�_���� co�s.e�er�ses,artd atWrnoys'faes tncarted by TnrsFee cr lender In eonn�tlon wRh the condemnatlon. ,
<br /> "^ �� ,�,,,�r a proccedirtpe. It any proceedlnp tn condemnaUon is(ile�,Tnistor shaU promptty notity lender In writlng.and Tnlster shall�romptty take such
<br /> `s�`� steps as may be nec�sar�►to detsod lhe acUon and obtaM 1lte awer�d.Truskr may bo the nominet party In suoh proceading,but Lender sha0
<br /> �, ,'-:. be enti9ed to ps�rsctpate�n the procaea[rtg and to 0o rcprese�tteo�n vie p:a�earrq oy counsei oi ris rnm caoioe.mto ir.ma w.w:m W
<br /> � :�.r�,,;,�: cause to bo dolhrered to lender s�tch Instra�nents as may be requested by It irom Bme to Bme to permft sucN padicfpaUon.
<br /> . ` IMPOSITION OF TAXES,FEES Atii�CHAIiGES BY GOYrRNAA�HTAL/ltl�Fi0A1TiES. TM�toqowing provBlorts retaNng to governmertt�!(attes,
<br /> � teos and charges are a pad of thts Oeed otTrus�
<br /> ' Qurerst Taotes,Fees and Chotpea Upon request by Lender,Trustw shatt exeeute suah documer►ts in addltlon to thls Oeed of Tn�t and take _
<br /> �� " �vhatever other ecHon is requested by Lender to perteCt and co�Nlnue Lertdere tlsn qn dtu Real Propedy. Tnesta shatl e�lmb�se Un6�tor at _
<br /> tsxes� as describad Dotow,lopether with atl e�enses Irqurred tn �cordinp, pe�tecllnp or coMlnuing tNs Oe�ot Trust,Ndudrg wflhoul -
<br />. ,� pm9atfon aU texes,tees.documentery stamps.and other cherges tar recordirg or replsteAng th[s Deed ot Tnat. _
<br /> T�ea. TRe toUoWt�shaq eoratitute taxes to whlch thls secUon epplle� (a�a spocifto tex upon this ype ot Deed of Tmst a upon a1 a arry =-
<br /> n •i� part o!tAe tndebtedness secured by thls Qeed ot Tnis� (b)a epecifto fax on Trustor whkh Tnista Is aWhorlted a repuIred to dedu�t trom =
<br /> � ° paymenb on ihe irtdebtednes�seCUred by tAls t�rpe of Oaed of Tnu� (a)e t�c on thts tqpe ot Deed of Trust cAargoabte egalnst the I.ender or _
<br /> � �� tQ�e holder Ot lhe Note�;and (dj a spedflc fsx on ell or any por�on ot the Indebtedness or on payrt�enb of principel artd iMereSt mtda Ey -
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<br /> Tnator. _
<br /> :-.-=>---_--
<br /> ` SuDae�ueM Taues. It fln tax to wmcn m�s socnon
<br /> , Y ePPnes�s enacieo subsequefi to ine dale nf i�io Oea3 cd rwt,.C�s a. ..... . :-..
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