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<br /> COVENANTB 9g� 1094�'5
<br /> , 1. P�yrta�tt�. Bocrpwe� epretea to mska all �aymenU on the aeeured debt when due. Unleas Borrower and Lender agree otherwise, any '
<br /> poymonta Lond:r rocolvae trom Bonower or o�Bo►rowar's bonntit wlll be appllod tlrot to any amounts Borrower owea on tho securod do6t
<br /> � , exoluaive of tnterost or pdnalpat,eeeond to Intereat,and tlun w pdnoipel.If pArUai p�epeyment ot the eecured debt oaaurn tor u+M�eewm tt�«w
<br /> �ot roduco or excu8e eny soheduled paymant untll the eecured debt ia peid in tuil.
<br /> Z.Clelrru Aqainst r.. w� �e��q�yt aamOnta,nnd other ahnrpes etvibutsble to the property wh�n dua and wiil defend ttde
<br /> to the propert�r ngal���hTia ' W ��d aJ t e IIeQ of thta doed of truat.Lendet may require Borrower to asolgn any rfAhte,cialme or
<br /> deton808 whiCh Bor ow gyhsv fnit fa w� upMy la6or ar material8 to improve or maintain the propeny.
<br />> � GFd(t:Yf n0 e:A c� c,o p�s+r�
<br /> 9. Inwnu�c�.8or�o w�ll k�op�tt»prop�(�xed nder terms accepta6►e to Lender et Barrower's expenae end tor Le�er'e benefit. All
<br /> insu�ance policlea ehaN inetude a eYendard mortgage cteuse In fevor of Lertder.Lender will be namad as lons payee or as tho inaured on any such
<br /> i n s u r e n c e p o t i c y.A n y i n a u r e nyo p r o e e ed a mey be applled, wishin Lertder's diaetetlon,to elther the restoration or�epeir of the demaped property
<br /> .;,,��
<br /> or w the eeaured dobt.It Len O er requiree mo rt page ineurenee,Bortower agreea to maiMain euoh insurance for as lonp as Len du requirea.
<br /> 4.Propsrry.8ottqwer wili kocjp the ptoperty In good condition and make a�i repalrs teasonvbly oeceasary.
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<br /> � .,,.. 8.Espsnias.Bor►qwar agrees to pay a�l tondet's expensea Inaiuding�easone6te attorneya'tees,if 8orrpwer breaka eny covenants In lhie deed
<br /> , ✓ � � of trust or!n any obUgatfon aecured by thLS deed ot truat. �or►ower will pay thase amaunts to Lendor a3 provided in Covena�t 9 ot this deed of
<br /> uust.
<br /> ; � 8.Prfar 8ocu�r t►�rosta.LiNoas Bono++Yat ftrst obteina Lender's written consant,Farrower wlll rtot make ar permit any chenges to any prlor
<br /> securkV interes}s. Bottpwer will perform aIi of Borrower's oblfgatfona under anY prlor mortgaqe, dead ot uust or other sea�rity agreement,
<br /> � inWuding Borrower's covane�rts to make peymente when duo.
<br /> i 7.Aasff�nrt�ei�t o!R�MS�rtd Protit�.Bonowor aesigna to Lender the�ema ond proftta of the property.U�esa Borrower and Lendar have egfeed
<br /> k, otherwTse in+vriHng, Borrower may cailoct a�d �etein tha rente as long Ae 8pnower Is not in defuuf4.If 8orrower detaulta,Lsnder, 4endat's
<br /> agent,or e coutt appointed receEvet m�r leho posseselon engd manage thv property and collect Ure rerrts. Any re�Le�der cofleote shatl be
<br /> `'S +�ipeoe�ssa�ry rotated expense9fihe remafnithngeamount oi ren�te wlll t�heun apply to pay nente on the seci�red debt as p ovido0�log��uenatrt 1�ny other
<br /> ,. �'' � 8;l.�as�holdt Con,?oiatnh�ths7 pann�d U�t Gv�loprrnnt�.Borrowee agrees to comply wkh tha provisiona ot any loase if this deed of tru�t fa on
<br /> a teasehoid. 1�this daed oF irust ie on a unit in a condarotiltium or a pianr�ed u dovolop�noM,Bonowor wU�srfotm a!1 ot Borrotra'a ducto�
<br /> under the covenants,bydawa,or regutetions of the condominlum or pianned.unk�velopnebnt.
<br /> .�.' �� 9.AuUto�fib�o41�ndK W PMor�n tot tlatow�r.It Borrower taite tn��poerrfOtm any of Borrawer's dutles unde�thia deed ot wst,Lender may
<br /> con�atr�ucC+�oh on�dreppr�4oA�tt4j►�dlscon�nued or not ca��d on in a reoaonsbl�e mannet,Lender may do wha�ver ia�c�,�e�fary�prote�ct LendeYs
<br /> security iMeroat in tha piqpmsy.Thfe may tndude eompletE�g ttee const►uatton.
<br /> fAnder's failure to perform w11i not qecfvde Le�der from exerclstng any of tts other dghts unAer tl�e iaw or this deed of truat.
<br /> A�►y amou�nt}Oafd by LeMe�to proteat Len4er's securlty IMereat wili be aecured by th�s daod of trust.Sueh emounts will be due on demand
<br />_ end wifi beb'i tMerest 6om the date of the paymeM umil paid in fu11 et the tnterest rate in efteot on the secured debt.
<br /> 10.Qatadt and Aeeet�ratlon.If Bono�ver fails to make amr paymern when due or breaka any eovenanta under this deed of trust or any
<br /> " demaand im em�f�a�te pay nteM�nd mey invohe�N�ie�v or of ealo and a eiy�oN�ser remed ei sdparmitted by�applicabte Imaw rky of the�ecured debt and
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<br /> ``' ' 11.R�quut tor Notteo of�1�aNAG It is hereby repueated thet copies of the notEces ot defauh and sate be eeM to eaaF�pereon who ie a party
<br />_ ----•-_'�-- �7EfAW.R[T�IE OdtIfE60 O�!AAQil euah PerOnrr,es eei furitr iia�aln. ..
<br />`� 12.Pq�qt.pt 8a1�.M;tha l�ndbr irnokes tt�e power ot eale,the Trustee nhall flrrt record tn the otfiee of the rogtater of deeds of.each county
<br />- """ wherein the.trust proAert4 u►Qort►a Part,o►parcal theroof is eituated e ootice of defeuk eorrcatnireg the intormaUon roquirad bykw.The Trustee
<br /> ���. `` ' ' � ahali siso maSt eopiea of�the rqtlRe of dafauk to the Borrower, to each penon who is a party fiereto, and to other persons ss prescribed by
<br />,.. ��,'.�::
<br /> ' appltoabie Isw.Not teea'theq'QOe moMh after the Tn�teo reeorda the notice of detauk or two moeKhQ (}the trust propaty is not In eny
<br />�_�,"�+,.�; ! lnaorporated chy ar viUapd and ia used in fatming operebons oard e d on by t he tru s t ar,t he�'tu s t es a ha 1 1 q i v e pu b l i o n o t i e a o f s�b t o t h e pers ora
<br /> ::4.•,.,y;}. ' end in the mpmer proscribed by appplieable law.T�uatee,wlthout demend on Borrower,shail seU ths property at publb auctlon m the ht9hert
<br /> = � 6ldder.It requtred by the Parm Hamestead Pirotection Act,Trustee shall oHer the prouert�►in two eeparate eales ea requfred 6y appifeabte law.
<br />�Y+���'�' ~ Trustae may postpone eaie of atl or eny paree�of the property by pubito announcemeiit af the dme and pisce of amr prov[ouaiy schedWed sate.
<br />=;Y�:`.u_��,,,,,; Lender or Its dnipnee may purchase the pmperty at eny sate.
<br />-:;=:=�Y%�+`�}�� Upon recefp2 o�f psyment of the price btd,Trustee ehail doUvet to the pwchaaer Truatee'9 deed corneYing the property.The redtlab co�atned in
<br /> �•�°'�—�-"'�' Truatee'a dee0 shalt ba prima facie evidtence of tha uuth ot the stateme�contetned theretn.Truatee shatl appJy the prooeedaaf the sate in the
<br />'�=�--�';r� fotPov�tng order. (a1 to a0 expensea of the eate, indudiog, but not Iimited to, reasona6le Trustee's tees, reasonable atbmeys fees and
<br />�'•�- reinatatamont faos;(b)to a!2 aums securad by thia desd of uust.and(c!tho halance,if any,to tha porsons legatty entlUed to receive tt.
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<br /> —.,,...- ..�.� 18.Foqdo�urs.At Lendere opUon,thia Eeed of trust may be toreelqsed in the manner provide by apptfcebte taw tor foredowre of mortpapes
<br /> ,,crn� on real propeny
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<br />_��,}.� 1�. Lender may eriter tMe property to inspea�it ft L.ender�ghrea Bonower nottee beforehend.TI{e notice must stete the rea�onable
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