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<br /> , i COVENANTB 9��, q4��M�$ -_
<br /> k 1. ��ym t�. Horrower �er�ss to m�ks sit p�ymente on the �scured debt whe due. Unlesf Borrower en Londor aprea othorw{se, any _
<br /> ��f D�Ym�nn�ondn rer,�ivn Itom 8ut�owe�or Tor 8orrovnar'r beneflt wli� be applfd�flrst to any amaunto Bonorro�owoe on tha securad dabt -
<br /> � oxuluqlvo of Inteiast ot pNnGpal,soaond to Intorest,artd thnn to pNnoipa.It partlat p�opnymont of!ho aecurod dobt occure ta eny roaeon,it wlu -
<br /> - ?� not nduce or exauu any�ol+�dul�d p�ymmt untit tM ncw�d deDt Is pnb In IuU.
<br /> • 7.Ctelms AyNmt Titlo.Brxrow��wttl p�y�II orp,�i�silmento,�nd othsr clier s attrfbutebfe to tho�roperty whon duo und wlll dafand titte
<br /> � to the proportY s�t�inst eny altimi whlch wo d I�pNir�he Ilqn bf thit deed of t��.Lander mey repulre arrowor to aaelpn any rtghta,ci�lma or
<br /> detenees wNo�►Horrowe►mry hnvs epai�fl p�t1eSGAfn Wl�piy�tba�cr m�prMt t�improve o�rndnlaln the prapeny. -
<br /> ' . �,� 8.Intuv�ne�.Borrowv wifl knp th�prop�rtY�nsurad undor tums�cc�pt�Dfe to Lendsr�t Borrower'a axpams end for Lender's benefit. All
<br /> Inauranas Eso�totss sh�il Inctudo��t�r►d�rd monp�p�ol�uss in f�yor of Lender.Lende�wlll be named a�toas poyee m ee the insured on 8ny suotf
<br /> • lnsurance iro lay.Any Insurancs proe�eds m�y br app�iad,wlthln Lander'�dltcretlon,to olther the roatorution or repalr of the dameged property
<br /> ° __;._,,,��� or to th�aocurod debt.If Lendu roquirts mortptps Insurenee,Bonower eg►eoa to meintain sueh tmurance 4or as lone ss Lendm roqulroa. `
<br /> ' �__:;,;�}�� 4.Ptop��ty.8orrowet wiit keep the ptoperty in 9ood conditlon snd make ni)repeiro reanonebly rteceaBary.
<br /> �������; 6.Ex�nta.8orrower apreea to pay nll Lender'a expensee tnciuding reeeonabta ettorneys'teee,i(Borrowar braake any covonpnts in thla deed -
<br /> v;�'.','� of trua!or in any oblipaUon secured by thie deed of truat.�orrowar will pay theae emounta to Lender ee provided in Covanant e of thlu deed of
<br /> • . trust.
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<br /> _ , � 8.Prtot 8�cuutii�►Int�nsb.Unless Borrowar f[rst obtaina LendeYs wrltten conaeM,Borrower wiil not make or po►mit any ahAngas to eny pHor
<br /> security tntareete. Borrower will perform eIi of Borrower's obifgattona undor any priot mortgago, deed of uust or othor soaurftq agroetnent. _
<br /> �" includinp Borrower'a covenants to make payments when due.
<br /> . ,� 7.Aai�rt�e of R�rns and Profiu.Bor�ower assigne to Londer the�ants and p�otits ot the property.Unless Borrowor end Lendar havo ap eed
<br /> otherw a�e tn writing, Bonower mey cottect and retnin the rants ae Iong as Borrawe�Is not In default.tt Borrower dafauitp. Lendur� Len�ar'e
<br /> apent,or e eourt eppointed recelver maY take poseoaston and manage the property end coilaot the ronts�.Any rqnta Lendor oallppta shail1ba
<br /> applied flrat to the costa of ineneging the property,inciudtng court costs and attorneys'fees,commissiona w �entqi age�mn,and any ottt�r
<br /> :i�A�.,;.
<br /> rtocessary reiated expensea.The remalntng amount of rents wili then appty to peymente on the secu►ed debt es provfda�l in Covonant 1-
<br /> -" �� 8.lusNatds•Ca�damk�iums:?lanmd Urdt O�vNopm�nt�.eortower aYraea to campty wlth the provislons ot em laase if�thi�doad of.bust 1p aq,
<br />��> a leasehotd.1�this deed of truat fs on a unk in a cor�ominlum or a planned unit devalopment,Bo�rowor will perform,etl•ot�Banqwer'k dutlGp
<br /> � under the covanants,by-taws,or rogulaiia�of tho eortdominfum or plartnsd urdt davelopment. �
<br /> o. 8.Authafty of L+�nda ta•Putonn fa BarrawH. If Bonower taUs to pertorm any of Borrower'e duties un�ar this dead of uuct,i Lonper.mdy
<br />' pertorm the.duHea or oGUae tham to be pertormed.Lender mey sfpn eorrowePs neme o�pay atry amaw�t neceasnn/fqt perfqrrt►Mae�H eny
<br /> constructioq on the OroPe►N 1s A1scoMinued or not canied on in e roasonabte manner,Lender may do whqtevor 18 nocessary to,protaat tender's
<br /> securtty iMerest in tAe property.This may Ineiude eomplutinp the construo4�an. _
<br /> ' ,'F,•�' Lender's faiture to pertorm wll!not preciude lender 6om ezerciaing any bt ite other rlgMS under the faw bt this deed b9�u�R. -
<br /> s- ,•;�.�::,, � _
<br />_--::��;�;�_,..,,r AnY amoun'ta�bnid by Lender to protect Lenda�'s secwity i tere will ba seauad by this deed of�.Suaiti amouMS wlil be due on demand
<br />:;s,; ,6 r;�, and will beAr i�rtereat t►om the date ot tha payment uirtit pat�in tu�!et tAe imarest tate tn effeot on tfie seoured debt.
<br /> ��''`"��l�i�� 10. Dsf�ett qnd Aao�[uaHon.If Bortower taita to make any OaymeM when due or broaks any corenams under th(�deed ot trust or eny
<br /> ` ' obtigadon secured by this deed of uuat ar any prior mqrtpaga or daed qf trust,Lender mpY accelerete Yhe maturkyr of the secured debt and
<br />%,;°�,�;'-' demand immedlate paymerrc and may fnvoke the power of saio'end any other rert�edtpa permmed Oy appliae6le taw.
<br />-`'"'��tM 11.R�qu�at_ta Notiar W De?RS�It.it is heteby requeated thet copfea of.the noticea of detauft'and esaie be sem to eaeh person who Is e perty
<br /> J�;:�";„�; . heroto,et Ma adStreas of eaah auah petean,as eet foKb herein. � � _
<br /> °i� k`` `��'� power of eale,the Trus�ea shall Nte�rqcord in the o4Ptce of the�eeister of deeda of each�coun
<br /> ,� Y� 13.9awss_ti4 Sde:•M tl�e l.eiMa���nvukes the 1Y. -
<br /> l`�4'':`' wherairi th�uua't propartV or aom e part-ar parcel thereof Is situeted e nottae of defauh eoMait�in xdre intormatton�ufred by lew.The�rustee
<br /> m�r={.�'<1 ahall aiso maU ooplaa of.tho notice"of defsult to the Boaower,to eech peraon who+s a pert�I�arario,and to otlter peraons as protcr�bed by
<br /> �--�,�.t`;s` • eppN4abie Iaw.�.iVot:t than qne manth aftar the Tru�tee►ecorde the nodce ot defauft oe two monthe:if�the.truat prope►tN is not M any
<br />;�,ti.,:;��ti� � incorpctated city�or vi�p�ond ts usad in ferminp operetions aaMed on�y the trustar,tt�e f►ustee shap give pu411c qotfce of seie to the petsona
<br /> __-;,-_���r;r;:, , and in thn.monner p►eacdbed bv appplieable Iaw.Trustee,w:thout demand on Bortowar,shdl seG tl�e p►operty at publie auatton to the hipheat
<br /> } btdder.If requWed by tha Farm Homeatead Proteation Aep Trustee shnil oHer tha piopertY in two separate sefes as required by appli�eble law.
<br /> --�^�'i�{�"�' T�uateo mraS��ostpone sate of eit or amr percal of the propercy by publto ennounaement at the dma and ptaco oi any prevfousiy echoduted�nie.
<br /> ""`-�`�r� lender or it8 designae may purchaae the property at er►y aale.
<br /> „_''^JS7'r.`.�,
<br />�_6�Fae�.y�� Upon reeetpt of peymeM of the pdca bid,Trustoe aheti detive�to tha pWChpaar Trottee'e deed comreying the property,The recftlata contained 9n
<br /> -_..�,�,�� Truete0'c deed shali bs prims fsete evidfe ot the Vutl► t thb stetemoMO coMained therein.Tnutes�hail�pply the proceeds of ths als in tM
<br /> toliowinp ordor: fal to a�t e�enses of t�ie eate, Inatud�nB, but not 1lmited to,reaaanable Trustea'n feea, reasonable attorney's tees ertd
<br /> -°^�°Q='='F'�r� reinstewmer►t feea;(b)to alt sums secured by this doed of trust,end!o)tho betanee,it any,to the persona Iepatly entttled to receive k.
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<br /> _____ 13.Fonelosun.At Lender's option,tAts deed of truet maY be torecldted tn the menner provide by eppitaabte law for forectosurs o!mortqages
<br /> --- on resl property.
<br /> 14.Irawadon.Lender mey enter the pr4pertlr m inspeat k(f�lendcr.gNas Borrowe�natiae betarehand.The notles must stats the reasonaMe
<br /> ----- Gqie fOt Lender's inspeotlan��
<br />���� 16.Condwm�fton.Bortowor�ass!gns to Lendar the proceads of any�ewr�rd or elatm for damegea eon�eoted witA o condomnntton or athor taktng
<br /> �-_--- - of ait or er►y paK of the property.Sueh pmoeede wiil�bo epplEe,d�ea prmr}alad fn Covonant 1.This eesienment fa subJeot to tRe termu of any prior
<br /> _-_-_-_= security aprosmeM.
<br /> - -_-�,`:��
<br /> - . _�"'�:� 18.Waiw►.8y exercfsir�p any remedy evrdt�bi�to Cend�r,.l,�nddr•dnea nnt gNreup arry�fgMs to letar use anv other remedy.By net exerciaing
<br />-�=-�p'-� any remedY upon Bonower'e defautt,Lehder daes nat waiva eny�ight to later co�slder the event a dafayit if ft happens again.
<br /> r.:����m�a
<br /> --° - 17,Jot�rt and S�vKat Co�ipnen; Suoess*qrn a+d As�pns Bamd.A�I duties undor this deed of trust aro jolM and aevernt.Any
<br /> -�' Bortower wta eo-signs th�is �eed of trun bnt�daoa net eo•aign the unde np debt instrumentls)does so onty to preM and eonv�1r thst
<br />_,�„�� � 8ortowar's imemst En tAt propeny w c Tnistoe untlor tho temss of d�ts o!truat.ln addition,esu4h s Bonowar egreea that the Lendsr er�d
<br /> - _ any othar Bor►ower under this deed o�tiust may extend,modHy o►make any other chanQos in the tyntts ot tNs deed of trust or the secured
<br /> - debt vrithnut that BorrowaPa conso*�t ind wkhout roteeaing thet Borrower from the terms oT this deed ot uuab �
<br />-__��-�'� �� The d4�tiaa an8:berroflts of this deed af mut sheU 6lnd a�d 6enefit�successore and esaigna of lendar end Bottower.
<br />-'-l�'j����� � 0a.Na�ea.lynlese othentirlta required bY tew,any�rottce m Borrowa�sluitl be given by deCrvering R or by mailing tt by eertifled mail addroased to
<br />____.��:��i•;�„�_ �ortower a�the property sddrese orar►y other addre�s that Bortower!�e�givan to Lender.Bor►ower wiU gtve eny notics to 4ender by certiHed
<br /> ,:: ...:..�,��.; �tta�7 to L�ndu'a addresa on papo/ of this deed of trust,or to any ot4�r aedress whtch Lender hes�petgnated.Any other notice to Lendor ehall
<br /> ',.,;:.•, ',f,�s..l�. 'De sent m LonQe�'s addresa as steted on page 1 of tAis deed of t�ust. .
<br />- '"���''�'��� Amr natiee.sAat!be daemod to have baen�ivoo to Borrowrer or Lertdor when g(ven tn the menner stated obove.
<br /> - , ' ,s4.1'e,:f��. .
<br /> 1g,Trarqt�r of tM ptopMy or�B�tNBdY frrt�wst in tlte Barrowv.If all ar any part of ihe property or arry trrterest in h is sold or transfarred
<br /> =- � without Lender's prior wrttten consnM. Lopn�der msy domand immadiate peymeM ot tho secured debt. Lender r�fey atso domend Immodiate
<br /> '; • � demand pay�meM in tlire ebove eituatloi�isr H ft ia pr�ohib ed by federel aw es of Me a�ot m�e d of m�nsferted.Fiowever. Lender may not
<br /> :ai'
<br /> � • ' 20.R�com�ys�c�.VYhen the oblfgeUon secured by thia deed o4 wst hes bem�pafd and lertder Aaa no turther obltgatton to make advancea
<br /> - under the inatrumeMa ora8re emems secured by thia deod of truat,the Truatee shaif upon wrHten roqaeat by the lender.recomrep tho tr�at
<br /> '� property.The Lender ehall deliver to the 8orcowar,or to Bortower's euecessor in t�orest.tAe trust deed and tne note or other evEdenee of tho
<br /> �.�?{�.': obtigatEon so sedsfted.Borrower ahait pay eny roeordatfon ooate.
<br /> r �'� --d-3� 21.Succnssor Tn�Lender. et Lender's option. mey romove Tnrstee and eaaoint e successor trustea bv ftrst maUlna a eoov of the
<br /> . ' "" substitutEon ot trt�t66 ilitiEflkidby appficaDte taw,ene thon,Dy imng tne aubstitution of trustee tor rooard in the oftiae oi the regtster of dee0s �
<br /> ot eaew coumy U7tiNhYc'T�tllb'E�d§!property,or somo Datt there�t,is situated.The successor truetee,wlthout convayance of Me pre{terty,shail
<br /> suaeeed to ei!the power.dutiea,authorky end tide of the Trustee�amed in the deed ot trust and ot eny suceesaot truatee. ..
<br /> Ipsgs�of?J -
<br />- • BANK6IS 6YBTBdS.MC..6T.CLOUD.IAN 6830f 11-BOOJB)�941)FOfUA OCWiAT4NE 0119A1 -
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