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<br /> COVENANTB �,.
<br /> � ` 1. Paymeqto. 8onower agreee ro make el! paymenri on the eaeutod debt when due. Untoas Bonower and Lender egree otlurwtee, eny '"
<br /> paymonts Lendor�ocelves Bom 8or►owo�ar tor Bo►�ower'e Qonafft wtli be opplEed tirst tq ony omounta Borrower owoa on tho kCUred dCOt
<br /> + exctuatve of intereat or prtnelpat,teeond to interett,a�d thnn to prtnoipai.if pertiol prepayment of thr�aecured debt oeeura ta e�y naaon,lt wlll
<br /> • • . eot roduco 01 An,uie pny.AChedulad WYment untit thn�ecured debt is peld in fun. �
<br /> 4 8,q�tn�Ag�th�!"fhZi. rfolfver;Ziri11 ds ett texaa,auesamants,and oiher cAargas etulbutaDle to the propany when duo and wil detand title
<br /> ' � ; t to tht pro rtye�Mdtt t�i ehlit)ri wlUbh�outd Impsir the Ilen af this deed of truat.Lertdar m�y requlro Borrower to a�elpn any ri�AU,el�Ims m •
<br /> doterFeoa�jhiC?►6prtawo�m6y h4ve egdn t partfas who suppty laba or materiate to imp�ova or melrttain the property.
<br /> • v,•t 9. Inwnna�. Bonower wiil keep the property insured under terma�eeeptsb►e to Lender et E�ortower's experw�and!a Lender's bernllt.AII
<br /> �a� insurancs potide�shatt inciuds a etsndud mort aps eUuse in f w o!lender.tendu wili bA named es toss payes or a�the inwreda►any such
<br /> . . �" or$to Me sc�eu od dnbt�If Lendor r�equl�re�mortg�e Ina�Iman�thB nower�a�eea t�o melrtit�s n such Insuran�ce�tor as long�as�tdcr ieq�i�res°��
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<br /> } 4.Paop�rty.Barrower witl keep the property tn pood eondiUon and make at�repaire reasonakty rtacesaary.
<br /> .:�+_ ¢ i
<br /> •�.•.,��n++M�`§ S.Expsnsa.Bonower egr�es to pey ati LarsdePs ezpenses including reasortaQto ottorrt�YO'fvas.t/8orrowor 6reaWs any cavonanq In thla d�ed '.::;-,
<br /> .� owt�at or In any obligaUon secured by this deed ot utrot.�artowor will pay these amowns ta lertder aa provtded ir►CovonaM 8 of thi�deea ot �;_„,-
<br /> .. �' � �ity -
<br /> 8.e�8�eu Int�rnts,Untesa Borrower flret obte�ns L.ender's wr(tMn cortaent.Borrower witl not meke or permit any elunpes to any pria
<br /> . ? ests. Bonower wili pertorm aQ ot 8orrowor's obltgatEO�s under any prfor mortpage,deed of uust or other security asreement, _
<br /> , inctuding Bonower's coveneMS to mako payments when duo. -.
<br /> i; 7,A�el�ran�nt of R�ms and P�ofita.8orrower assigns to LertdQr the�ems and proNta of Ua�property.Uniess Bonower and Lender heve agreed _.,
<br /> ^ otheru,rise in v+rriUrtg,Borrowar may cotleat and retain tho rents as tong as Bortower i4�rust In defauh.If Bottower deteufte,Lender, LendePS ---
<br /> '��. aQenL ot e eourt appolnted recelver maY teke poaseaslon and manege tl+e poperty and colfoci tl+e ronts.Arry rerna Lendu collects ehell bs __
<br /> appilad Nrat to tAe eosts of manngtnp tne proPert�r.Inctuding'c�owtsPply to paymtfl►ts�on•tFw soaCOirod da4i as t°rental ag�oMS, aM eny ott�
<br /> . .. a�� necetteary relatctd expensea.The remerning amount of rents wil provided in Covenar¢i. �-—
<br /> '� g,uas�hoide•Cate�adniwru:plrut�d Untt p�y�toptM�tts.Bonovaeregraes to eompry with the provistons ot anY tease if thia deed ot trwt ia on
<br /> •leasehold.i�Wa deed of trust is an e unit tn a cordomtnium or a plenned unk developrnnM. 8ortownr wfll perform ell ot Bonawer'a duties
<br /> urtdor the covonenta,by-tawa.ot regutations of the condomfnfum or pianned unh deveto�naiM. __
<br /> 9. Autl►orTq ot LK�to P�etartn tor 0orrawa.If Borrower taits to_perform any ot 8u►cnror's dutias under this deed mf Vuct,lender m�y
<br /> perfom►tla dutles or cause them to be pertormed. Lender may stgn 6onoweYs r�ame or pay am��if necessary 4or parfarmtnce.M ar►y
<br /> �. construallon on thep�oporty io diseontinued m not aarried on tn e reasonab.b mynner,Lender may do wRat�ver is necesaery to pratect Lender's f
<br /> �,,� security E�merest in the property.Thls may inctuda cvanpteting the consuucNon. --
<br /> �..p,;,
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<br /> ��}`�.s�� Londors faflure to pertomn wiq not preclude I.ensCsr fsom exerc[sin9 any of its other�ights under the law or 4his dead of truat. -�•;-
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<br /> AnY arsuurtts peid by Lnrtder Uo proteat i.endeYe securkY��t wi0 bo sae►�red bY this dsed of trust.Suoh aneourAS wiil be dueon demar►d $'
<br /> end wiU baar iMerest from Ns date ot the paymerrt urnN poSh cn futl rrt ffia tMereat rate in eft�,ct on the secured debt. �,'-
<br /> 10.WlaWt aa+d Aa�IwaUon. If Bortower feils w make eny payment av�o due or breaks any covenanta under thia deed o�Yust or anY
<br /> , ��.�:;,.•� obtipatton secured by thts deed of uust or any pdor mortgage or dead af truat. i.ender ms�1r acceterate the maturity of the secued debt and
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<br /> - -_: .� damand immadiate paYmatrc end may invoke the power of sete and any othttt romadbe pormttted 6y appitcpbte Imv.
<br /> � � 11.Rpwst for Notia of R�fauY.it ia hereby reqaested that caples of tRe nodcea of dsfauit and sole be sern to euch person who is a perry �
<br /> „�f ..�.�^ . hereto.at tlie addreas of eech such person,as set fortl�harefn. �.�
<br /> 1�s � ;:,b 12.Pow�r o!Sd�.It the lenciar invokes the iwwer of selo,tha Trustee ehall flrst record ln the oHiee of ffie register of deada of eacfi coumy ����
<br /> ;r- ' wherein the uutt property or some part o�pareet thereof is aituat'ed a nottee ot defauk cornaining the into etton�equired 6y taw.TAs Trustee ���
<br /> - �2;`r�.��+ho- roto,an to other
<br /> slwti atso mait coples of the�oUtx�ot defauft to the 8orrower.•to each person who is a pany he peraor�s aspres crih�d M
<br /> •�'`°=������'aD'r�,..,, a ica�te law.Not Iess tlun one month t�fter tTre Trusdle rewrds tAe notice of defauR, or two momha 14 the truat property b not in any
<br /> ,• j�"r�'•r x�„� Aa the Yroatee shait glva publte•�otice o!�aie totho peraons
<br /> �:�:� wr�F�•G
<br /> _ �� ,�;.,,s�,{��t I n e o r p aated c i t y o►villa g e�nd is used In farmi n g op eratio� on y t!►e trustor,
<br /> -��..:^t:�s��+�'� and in the msm�er�oresuibed bY apppiicabte law.Ti�uatee,wit�dema n d on B ortower,6 he l l se ll t he proparty a t pu b Uo a�ado n t o�he h i g h e a t
<br />.'.�;�,�`j��}y bidder.If roquked by ths Farm Homeatead Protecdon Act,Ttu�tea ehall offer the property in two separota eales es required by eppA¢abb Iaw. �__
<br /> �'�+- Tnutee msy Roatpone sate of eN o�any parcet of the propeny�by pubifo announcemem at the ttme end plaee of etry prevlausly schedubd sale.
<br /> �.�1°I"N%��.k� Lender or its dealgrt8e may purchese ffie property at any sele. ��v
<br />�:{'��_....
<br />-��� Upon rooet�i qt paymerrt of the prfce btd,Truaue shsll detiver tu tt►e purchaset Truatee's deed corneying the pmperty.The recftiafa cotrteinod in
<br /> �;:�•:��'����; Trustee's dect!thsii be prima tade evldionce of the Wlh of dte statoteeMe contoined therein.Trustee ahali eppry the prooaeda of the eafe tn the
<br /> � �1 ar n.��� tollowing order. 1e) to aii expensss of the sate, t�ehcding, Isut not Iimhell 40, roasoneble Trustee's teea, ressonabte attorneWa feos and
<br />���=+�='Y�: � refnststemeM feea;(b)to eN suma seeurod by thia daed of trust,artd(a)the be�anee,ff any,u the persons tegally e�idad to reoeive k.
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<br /> —i�;�:�� 19.Fondosiu�.At Lender's opdon,thia deed af truat mey ba torectosed In the manner pravide by spplioable Iew for toreclosura af mortpages
<br />�:� an reai ProPenY• _-
<br /> -____--�— 14.trtsp�Lender maY etner the ProDeriY to(nspeet it if Lender givos Bortower noUce beforehand.The notica muat stete tla re�asonaEb
<br /> �--=J�-� csuso fior� s inspection.
<br /> ---�-ri't"`!.ri:i
<br /> _��?�!±Is,� tl3,CondARpu/ttum,kSUrrower asalg�� to Lender theproeeeds of any awerd or ciaim tot demagea eonneated with a condemnation arother takinp
<br />_ �;�.r�'r'� ' Qt�11 vr Qr.�r ra2�af tise}�uonerty.Such proceeds wi{16e apptled es provtded tn Covenarn 1.Thls esslgnmem is aubJoct to 4he tema of enp prlor v
<br /> go�,necr e�reem4m.
<br /> 4fY.-:J.t••
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<br /> - 546�Y�'siwr.fi�qa�erctainymr�temedy svaitabte to LeMer.Lender doea not ghra up ar�y rEgftta to later uce atry other remedy.By not oxaroistnp
<br /> -_�� q�rg temedY�n�KOnrer'e default.Lender doea not wa[va any rfght to tater tonsider the eveM e defeuk if h nappens egeln.
<br />_;�:.�;_�:.�� .
<br /> - ��� 17,Jioit�enil Smr�nO LL�bYftr:Coeigrtara:Sucassas and AsdPw Bound.Ap dutfea under thfs deed of truet ere joirrt and av.�al. Any
<br /> ---- sortower v��cwstgia thla deed of Wat but doea not co-atgn the u br1yIng detit InstrumeMte) does so anty to gtam and oornay 2hat
<br /> __-,��.�- 2orrower's irttetest tn thq.pm�aertY to tlte Ttustee urtder the tetm�(ys of thts�eod of uust.In additEon,such a Borrower egreoa that tM LenGer and
<br /> ._a„�.�_,�� ;�►suy o4her Borrower underthEa d�d of ttuut mRV Q�d•mod or make any other changes in the terms of this deed of trust orths aeaured ,,
<br />':-�---F•r�.�� �Is�at without that Oortowdr's�er+t end wltf�aut'rgfousing ifi�at Borrower irom the terms of this deed of trust. �
<br /> --:_�.-�m: : � �°�
<br /> ��`��., - �'�Dm duties P.nd be.nefits of 1Rf�daed oi tntst ehGU bt►sd sssd Danafit the euacessors and assigna of lendor end Bortower. ��`"`
<br /> ---.:�R�.O'!-u
<br /> -=` _��~• - 10.tY4ti� 'l,.t�naa otheruriserequitod�bY 1rntr,�ryf►n".�2a Hortower ahali be ghren by delIvering it or by maUinp k by certifltd mati aQdtressed to
<br /> ="Y. :�'�: �+ rtqurer at�tl'ra property addrosN•or any at6um metdre�ns CNt�t 8o*rower hae given to lender.BoRawer will give erq+rtottce to Lende by oertitkd
<br /> �� addreae vrMCh Lender hea desi
<br /> c�;=: ' . �sa�s,�t��ere's ad�drose a�8otutud'on�Pa�a 4 o�f�dmc�9r t��er gnated.Any other notioe toles►dd sh�A _-
<br /> - ". -_ d�.'r�Jt rr�'�!�shall be deemed to hsvti buw�givon to Borroarer or Lender when ghren in t1r��.�nor atetctd above. �'�;::
<br />- �� 1�1.Ta�a�ti ra!tM FropKly or+�(1�1snEcli!Inbmt In t!w Barow�r.If all or anv part ot the propertr or any ir�torest in it ia sold a trrmsfemrd -�-
<br /> - ,,r;�. ,'; y WBaSlout'I:ct�*.utar's prior w►ilten eottsenL Le�Wer may demand immediato peyme�t of the seaued debt. Lender m�Y also demmd immediate �-.�
<br /> +.;, .. 'r: psymBnt if tisa BosroMrer ts�ot� �otural person srd a benafidat interesY tn the Borrower Is sotd or tronsferred.Noweve►. Lend;� may nM ��
<br />. . ,�,:.,..}�;,• . df3mend payment in tt►e abors cituatk�(t it Ia prohlhimd by tederat Iaw ea of Me date of thia deed of uust. F=r
<br /> ,. `,:.�;: 20.ReeonvsYane�.WAen the o0l}gaUon secured Oy tl�iu deed of vust hes been peW and Lender hse no further obfigtrtion to m�ke adrances �_'
<br /> uMsr tho insorumanta or a amnente seettred by thia Esed of tnta�the Trustea she�l upon written roquestp�the Londer,recome�I the truat
<br /> � =��ti•+���'�:�. ........ti. n..i..,aa..�u�twr m ihs Bnnower.er to Bortower's succeESOr in irnerest, ths buat deed snd the note or other ovlQenee of the �, .�
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<br /> ,.,�"� T� obl�petion so satlsfied.Borrower shatl pay a�y recordetlon costs.
<br /> � 2t.&�ceaser Tarato�. Le�sdar, at Lendor's a�Uon,may romove Trustee am! eppolM a successor trustee by Hrst,mailing a co�y of the
<br /> � • substttutton of tru��o�q y�i eppllaebie aw,ond then,by tifing tho subatitudon of trustea for reoord in the oNlee M the reebter of deeds
<br /> su�c e d to e tYth power,d�uh"es;a�urBlty and tlUa of the True�tee�emed in tl►e d ed of tr�uatraod of emr�su�ex�.ros�sor w�ate�e.of Me property.nhatl
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<br />. • ww�cEas svs�a�s.otc..sr.ewuo.�aeao,meoa�es•:s►�i r�+oea�w�a ene�s�
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