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<br /> ' � ;. covEwuaYs
<br /> �(� 1. hymeens. Hmro►var aprea�to make d! �ymenta an the seeured debt when due. Unless 8ottawer �nd Lender agroo othorw�to, any
<br /> peymoMS Lendn� recoivoe hom 8orrowar or w eorrower's�onoht w1l1 bo eppIied fi�et to any amouflt�Borrowor owoe on tho eoeumd Qabt
<br /> + exclusive o}Interast oT princlpai,seaond to interast.and then to princlpcil.lf pertfai prepeyiront ot the sectued debt occun tor any ruason,It will
<br /> not roduce or exeuse eny eeheduted Deyment untif the aoaured deEt le paVd tn fuil.
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<br /> � 1.Clatm�Agalnat Tht Aorr Wsr w� PqtliR_t Q.1�f��t� ,nts,and other chereas ottdbutnbto to tho pmporty whan d�uo onA will dofond tlilo
<br /> to the property sp�Ins a�l[c�aTroi w wq�l Dif►the en of thif deed of trust.lender m�y�aqulro Borrowar to e4si n any r►gha,clolma or
<br /> defenaea whtch Borro er rt�ay b�YO �, � pJ1��b�i�N�� y p y lobor ar meteriale to improve or malnteln tho properiy.
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<br /> 9.tn:uranw.Bonovw wiN lcaep the propesey i�urod er terma accapteble to lender at 8tir�ower'e expense and for Lendor's tianotit.llit
<br /> inauranee poltdes shetl lnetude�stondard mort0spe cNute fn t�vor of Lendet.Lender wflt 6e named as loas pa�ro3 or as the Inaured o�any sueh
<br /> ` � insurence policy.Any Inauranee proceede may ba appltad,wlthin lend�rr'e discretion,to efther the reatornttur�or repatr of tho damaped property
<br /> �.•R or to the aeeured dabt.If Lender requlrea movtgage insurance,8orrower egrees to mefntaln such ineuranco tar es tong as londor raqutrea.
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<br /> ��,�+ 4.Propxty.8ortower will keap the property Fn pood condit[on end make atl repnirs reasonubty neceasery. � ;`s.
<br /> „„�� 6.F�p�ns�s.Bortower agree�a to pay all lender's expcnsea,includin�reasonable atrorneys'faos,If Bortower breaks a�y coveoantn In thla deed �:.�_
<br /> : � of uMuat or in any obllpetion sew►ed by thl�deed ot trust.Bor�ower wfU pay thase amounte to londer aa provided In Covenunt 9 ot thle doed of ,1�•
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<br /> 8.Pdot S�eu (t►Unsp.Untesa Borrowe� flret obtetns Lender's written consent,Bortower witl not meke or permit any ehang a to any prior M
<br /> r socurity interes s. Borrower w41 porform eli of Bottower's obligotfons under any p�tor mortguge,deed ot truat or othar socur�ty ogreemant. �p.
<br /> '. ., � incqcdirtg Hortowor's eovenanSe to make peymants when due. '
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<br /> .~��•' 7.Ana�t o4 ReMS and Proflb.Borrower asz+Jgns to Lender the renta and grofita of tln4 Droparty.Untess 8orrower and Lendor have agread �._��
<br /> otR2miso G�hrriYirtg. Bonower may eolleet an4 s�ftain the re�ts aa bng a�8arrowo�is eot Ir�dofauft.If Borrowur defaults.Lendar. Lendor'o �;;%>
<br />';:,;��� � , ��;�. agent.er a eeurt aRDOEnted recoiver maY tatco 6'�ossesston and manege th�proseay aRd coileet the rents.Any rento Londer colleats eha��Qo �_
<br /> .��• - # appk3d firet to th3 costa of manag�ng tho proRmnll� inciuding crourt costs artd attorrteys' toea, commissions to•rentat agents, and any oth¢r �
<br />,,.,.�, ^ _ _� rtxcessary rotatod expanses.The comaining 8mo�cnt o1 reMS tvll then appiy to DaYments cn the securad debt ae provided in Covenant 1. `
<br /> ;�., 8,Il�as�hdds•CondomtNum�:Plsnn��Udt O�vatoyn�snta.Barrmnur a reos to com�f�I with tho provisrona of any tease tt tnta deed of uust is oo _
<br /> A Eonsehotd.I�this dead of twst Es o�a unit in a condamirtium er a R�anned urtSt devetagmen4, Bottower wilt peAorm atl of Bonower's dufles
<br />,,,,�� � �. u�der the covanants,by-laws,ar veguiations of the eondomirtium or ptannad unit devetopmae�t. —
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<br /> 9.Authority of Lmmltr to Perfarm fos BoT►owu. M Botrou�er faiis to�artorm ea�y o4 6orrower's dutEes urtdeerr tAis deed of aust,lender moy �_--
<br /> "- ° � pattqtm the duties or cauoe them to be pet'lormmd.tsnder may s}gn Borcowrar's name orpa y any amouM i4 rteeess8ry far performenee.It any �
<br /> Cos�airuction on the property is discoMirwed or rt0t aattled on in e►easona6le macv+ot,Lentter may do whatovet ia necessW to proteat l.ender's
<br /> :?�' e��tty iMerest in the property.�his mey inaludc+campletin8 ths constructton. a��.�
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<br />'i, � WnJet's faliure to petfotm wtll nmt ptectude let�fler trom exepc+ning a�ry af its other tights urtdor rtCeo Iaw or thfs deed of trust. -
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<br /> Any amoums pafd by Lendor to protect Lev+tter'�secarity ir�terQSt v�n1i be seeurod by thls dae�ae4 Vust.Such amouMS wiit be due on demand
<br /> and wiil bear fMQreat hom the date of the paymant until peld In(uIi et the inYer�sR rete tn effeet aen the secured debt. i��-:
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<br /> 10. D�fwit s�A Acea7�rntoa.It Borcower �aiis to make�tany payment when dva or btesks aey tovenante under thia deed of truot er any _�
<br /> aema�a i med�fa�te payme�+t�tnd�meY i�k a�Bow*not SateB a�ed�anydother temedlesdparm�iti�D�y appt cahte law��ot the secured dabt and
<br /> yr{�•' Tg,R���potky ot�e7euit.h is here6y tequested that eapiee of the noUeea of defauii anG sale be sant to eaen person who ia a pariy °
<br /> 11 he�eto,.qt the•8ddreas of eaaA auch peroon, as aot torth her�f�.
<br /> °.^� • ". ��ns,! 4�.Pow�r of SN�.n the Lemder invokes the power of eale,tAe Ttuatee shail ftrst retxrd in the office ot the register of deeda of eaeh eourt4y
<br />" "' ''`%/�;"r;«: � vv'r�areit�the truat property or aome part a parcel thereof is situated a�odce of defauk eorrceining the informetion requtred by taw.The Trustoe
<br /> ,, s;�•��;F ereto,and to other persons as prescribed by
<br /> �yr a�all also maU coAtea of the notiee of defauk to the Bortowar,to each pereon who is a perty h
<br />;�.3f'��•�,`-'`.k' �_ ap�licabte�ew. Not less than one morah aiter the Truetee reeorda the�ottce of detauk or two montha if the uuet property la not in any
<br />;.,�:i;`��;. '.;' incmporated cky or vil�age end�a used M�armin0 operationa catriod on by the trurtor,the f�ustee ehali give pubifo notice o4 seta to Me persons
<br />•�;3,�t.,� •.•>" aoci in the manne�prescribed bV�apppticebta tew.Ttustee,without demend on Borrower,ehall se0 the prope�ty at public auctEOa w the highsst `v;;_
<br />-;;�,, , ''�' �bidder.If requEred by the Farm Homesteed P►otecUon Act,T�uatee shall offer the proportv in two separate sa[es as requlrod bN epD�icebie law. _t-
<br /> i 'h!'f?5, Trustee msy poetpone saie of ail or amr parcei of the propeny by pubtia announcement af tho time and ptace of any prevlousoy scheduied eale.
<br /> : lender o►ita destgnee may purchase the proporty et any saie.
<br />;� ��y"'n•• Upon roceipt of paym ent ot tlro price bW,T�uatee Bhall deliver to the purcheser Trostee's deed conveying the prope►ty.The�eaitiaia containad in
<br />"r�'��. °:•Y' Truatee's deed shalt be prima fecie evldlenee of the Vuth ot the statemerrcs corttained therefn.Truatee shal!appiy tho proce¢de of the sale in the
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<br /> .�..:. tollowing order: (a) to eU expenses of the aale, ineludfng, but rat Iimited to,reasonable Trustee's feea, reasonabte attorney'B fees an
<br />�,;!y,.� „; retnatetement tees;(b)m eIi eums eecurod by this deed of trust,and(c1 the baiance,if any,to the persons tegaily entftled to re¢eive it.
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<br /> ��t�y_� 19.FonClaun.At Lender's optton,thU deed of truat mey be forecbsed tn the menner provide by applicabla taw for torectosure of mortgages
<br /> =«�=- on roal propercy.
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<br /> 14,(��ton Lender may emer the property to inspuat it if Lender ghres Borrower notice beforehand.The notiee muat stete the reesoneble
<br /> _--_��� aause of�Lender's inspeetion. -
<br /> r.��?l�,'��- , 16.Cand�mstlon.Berrower asstg�to lender the proceods of any eward or ctaim fot dama9oa co�neoted with a eondemnetion or other teking _-
<br /> -_��:-. -�,�, �' 09 a!I or any part of the property.Suct+procaeds wlll be appiled as provided tn Covena�n 1.This aesignmem is subJact to the terme oi any prior _
<br /> �:.."; Oecur�tY apreement.
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<br /> ` _-•���� 18.Waivsr.By exerdsing amr remedy eve�itabie to Lender,Lender does not give up eny�ighta to leter uee an other remedy.By not exe�cls'rng �
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<br /> ,.���T eny remedy upon Borrower's default. l,snaer doea not wetve any ripM to Iater ea►aider U►e evertt e default H k appens again.
<br /> '�ii"i�,���'_:� !7.Joi��nd SwKM �yp�ty.� Co-stpMrs:Suawssas�nd Ast�Ons 8ound.AN duties under thts deed of trust are jotM and sevarat. Any
<br />_';---- — lRorrower who ewsfprts thi�daod of trust Dut does not casign the underiving debt instrumentfs) does so only to gtaM and conveY that
<br />`� � Banower•e interost in the propevty to the Truatee urtder tha terms of thts deed oftruat.ln additlon.Bueh e 8onower egrees thet the Lendor and
<br />�+:.�f �"-�-- any other @ercower under thia deed of Vust may euMnd,modify or make any other ehenges in the terms of this deed of uust or the seeured -
<br /> - '-�=--'����� debt without Neat Bortower's eonseM and wiMout reteasing that Bonower irom the terms of tAis daed of m�st. ,
<br /> ��'r"u The duNes and beneflos of this deed of bust ahap bind and benefit the successors end essigna o!Lender anct Sortower. _
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<br /> � " ' 4�.Notie�.Unteae otherwise required by law,any nottce to Bonowet shail be gtven by delivarlrtg it or by maiRr�g ft by certitieE meil addrossed to __
<br />� � 12mrower at the pro�ertr eddross a any�other address that @anower has given to Londoe.Boreowe�wiU glva any notico eo lender by eerdHed
<br /> �` •m� uneil to lenders addrese on page 1 of thta deed of trus�or ta aay other address whieh Lendsr hae design�ted.My other nat)ee to Lender shelt _
<br /> N i :Le eent to L e n ds r's a d d re s s e s a t e t e d o n p a g e t o f t h i a d e e d o f t r u a t. -.
<br /> `�`�'`��t Any notiee shali be deemed to have been given to 8orrower or tendor wl�n eivme�fn uQ�e mertner steted ebova. �.
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<br /> �• ��f r"''� 19.Tmsf�►o!t1N Prop�o6�Y ar a Bm�fld�l IM�st in tM tRonowv.if all or a»y part ot tha groperty or arKr lMerest in it is sold or uana9qrced �-
<br />. � witlqut Lender's pNOt vrriMan Qonsent,Lender mey dema� immetfiate paymeM of the naouted debt. Lertder may aiso demand immedlate _
<br /> �ayment if the BoROwer iS rts3 a netuat pe�son and a@��oflciai interest in the BottoWOr bs eold a NansferreA. However, Lender may not �„�
<br /> demand payment in the flbavc�o�suations if it Is prohibftod 0�4oderal Iaw es of the date ot th3a a9oed of trust. t:;;-
<br /> � �� s daed of uust has baen paid artd lertder hes Ro turther obli8atioa to make advartees �'-
<br /> .. . . 20.Rkatwllaeee�.WCaan tlRe obligetFon secured by ths
<br /> under the iictrumoata m a�r¢emeMS sece.ued by th[s deCd of trust,the Trustee ahat�uRon wHtten request by the Lertd2r,roconvoy ths uust '=
<br />_. ,,:�i, ,� pruperiy,The Lender EAa.'l eteGver to t�e t�¢rtower,or to @onowar's succeseor in Interest,Use trust deed artd the rtote or other evie9once of the ;;
<br /> . aoi�qanon w saiianw.'oi,..����wr a.,.�.�:-==-.='-". -.-
<br /> 21.Sueensa Tnistn.L�dsr. et �-ender'a opt{an, may romove Truatee and appoirte e euecessor vustee by �C�st re�ailirtg a,coDY of the
<br /> `- 5 substhutton of trustee as� 0 a Itcabte tew,erod rlir�n,bY flGng the oubstkuUon o9 wstee for record in the oUPice o8 tho►egiscer of deeda
<br /> of eeeh county in whieh nd tiUe of tl�e T�ru�stee nemad in�t�ho deeeduof�Ut�cst and of any s�ile�eesaor�t@ru�st�oi tPee pra�anY.shail
<br /> succaed to att the Dowor. .
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<br /> , e�nxcas svar�s.we..sr.ewuo.MH aeso�naoaass•:aa��coaM oev.Mrc�r+e enas� .
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