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<br /> t. P�rm�na.eonowsr�grees to mRk�a!! p�yr�ente o�.tp� n4cured debt whon due. l7ntou Borr6wer snd Lender agraa otherwl�e, eny a .
<br /> paymenta Lender reCelvea hom Berrqw=r or rar Borrqwq�'e dertp}lt wiil be applfed flrot to ony amnunts 8orrower owes on tho eocurod dobt ,
<br /> .� oxctusive of interest or principd.6tC9tld W� pro t,a��1 t1eb11 tA.ptiqetp�t. It ptrttsl,prepeyment of the soeurad debt occure for any reason,it wfll
<br /> not reduce or exauae arry aehedutad peymeM�tM1�tM e��t�tltb dbbt isiptl0 fn fuA �
<br /> � �.Gdms AQYnst Titt�.Borrqwer wili pay a11�nzea�.as38ssmqM ,erfd other chargee atvibutabla to the property when duo ond will detand titto
<br />_ ` ° �. ta ths properiy a9 slnst any cteims which wou1A LmA�tr ttta li�p p�ffiia dead ottrust.Lender may reqWre Borrowor to asalgn eny rights,cloims or .
<br /> detenses whtch gorrower mey have apainet pertlea wha supply tobor or matoriala to improve or mahttain the propeny. �
<br /> �, ,��� 3.tntutene�.8ottower wlil keap the propeny in&urod undw torma nCeepteble to Lender et 8orrower'a exponse end fo. Lender's benefit. All
<br /> insuranca poActes ahett inctude e standard mo�t�e cldute in tevor of Lender.lender will be nemed as toas payee ar as the insured on any such
<br />- r inauranco poliay.Any inauren e proceeda ms e appltad,wfth[n Lender's disaetton,to eittrer the reatoration or repair of the demaged proparty
<br /> ,. �"� or to the secured debt.if Le�er roquiroa mor�age inauranee,BortoWer agreoa to meiMein suoh insurnnce for ae tonp as Lender requirsa. -
<br /> � 4.Prop�rty.Borrowe�will keep tho property tn 9ood conditton pnd make ett�opelra�easonaDly neceaeary. � -
<br /> - ,,,,�� 6.Esp�eiaa.Borrowet agroes tp ptlY aU Lender's expenfo2.inatuding reaesonabte ettorrteys'tees,it 8orrower breake any covene�te in this deed ;__
<br /> ..� . �, o f u u a t o r i n a n y o 4 f i p a t l a n s a¢u r e d D y t h l a d a e d o t u u€t,B a r t q w c r w i l l p a y t h e s e a m ou M s to lendar as provided in Covanant 9 of thla dead of ,T
<br /> truet. ��:�J
<br /> 8.P�tor B�euritv Int�rttts.Uniess Borcowor ffrat obtelnP Lont�eT's w�ltten eoneent,Borrower will�ot mako or permR any ehangea to any prfor Ri--
<br /> � ` � inct dfngiBorrowePs c�oQVenarasit meke paymanta whewr►dup p�anans undor eny prlor mortgego, deed of Vuot w other seeuriry agreemant,
<br /> - � � 7.Asst�t of R�rto�nd ProAt�.Borrmver essign8 tq 4endm the rents end proflte of the ptopp►ty.Uniaa�Bo►rower artd lendm havo agTeed �`�
<br /> offi rae in writing, Borcower mey eoll�rot and�ota[n dta rae►t�as tong an 8onower ia not in detauk. If 8orrowar defauke,Lendor,Lender's w?
<br /> agent,or e court eppointed recetver maY tuke poasesstan and•manega the properhr and coiteat the rente.Any �enta Le�der colleata shall be
<br /> ,. � appited flret to the eosts ot managiag tha proporiy, Inciudfng oouTt coate a� attomeys'feea, commiasiona to rantat age�M�, and any other _-
<br /> necessary re�ated e�cpensea.The rema[ning amouM ot renta wil�then,app�yt ia peymoms on the eecured debt ea providad tn Covenant t.
<br /> ��� 6.L��s�holde�Condominiamss Alenned ttnit Davatopm�rrt�.BorrowUrpgrpos to comp�y with the provisfons of any lea8e if thls dead of truet is on
<br />- a teasehotd.if Mis deed of trust ie on e unit i�e condomintum or a pl�h�ed unit tleveiopment,Borrower wili pe�form all of Bortowet's dutiea
<br /> under the covenanta,bytaws,or regulationa of the eortdominium or pfanned unit development.
<br /> g.Authwit�r of L�nd�r to PMom�tot�wu. If Borrower iNis to�erform any of Borro�ver's duties under thia deed of trust,Lender mey `V�
<br /> � perferm the duttee or eause them to be pe ormod.Lender mey a►an eor►awar's �ame er pay any emount it neceseary for peRormanca.If any
<br />_ � eonstruotton on the property is disaominuod or not aettied on in a reasoneblo mnnner,Lende�may do whatever is neceaoary to pmteat Leedefe
<br /> secuHty trnnrrtst fn the propeny.This ma�Inatude completing the constructtdn,
<br /> . lender's teilure 4o perfartn wiU not proctude lendor hqm Axeraisinp any of its other dghts under the law or this deed of aust.
<br /> � � ' � Any amounte pafd by I.endel to promat lender's senurity tr�te�9at will be seaued by thia deesi ot truat.9ueh amounts wi0 be due on demand �-_
<br /> `� � � • anc➢wili bear intereat from tho dam of tho peymertt untii ps'�d 6��ull et tlie intereac reYe in effect on the secured dobt. �%'
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<br /> •: � .. � 9p. D�iwtt and AeeN�tlan. H 8ortower falis to makbar�y peymerrc when due or breaks any eovenante under this doed ot truat w amr
<br />�,�;.,j;:;;_�,�: oDlfpaUon sacured by thls deed of tru�t qr eny pNor mmtgage or deed of wat. I.ender ma�Yaoceterete the maturfty of the secaed debt snd -
<br /> demand immediate peymeM end may invoke the power of eale and amr other remedfea permmed by eppllaabte taw.
<br /> �'`•�� At.R�qwst tor Iltotla�of�G k la hereby requosted that copEes o}Me rroHces of default end sete be seM u eacl►person wtw ia a pa�tY
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<br />- hsreto,et the nddrass of eoah euch person,as set torth•fiExMn. �"
<br />��, + , �t$:Pow�r of S�l�.!f the i�ender invokoa the power oi se1d,the Trustee shaN flrot mcord tn tha offlce of the regiater of deade of each county �;,�
<br />���"�"�'° whemin the truat property or aorhe paR ar praeel thereof is eituated a notiae of detauh eontaiMn9 the infarmetion raquGed by law.The Trustee ,.-:
<br /> j;;;�;;,�.,;.;f;�L�,S sheil alco ma�l copiea of tho�Srtice of dotauft to the BoROwer,to each person who is e party hereto,and to other persona aspresaibad by
<br /> tn„p:4_•,�..,��,�?r'r, appliCable Iow.��111at lesa thOn one mt►nth 4f'�fer 4i�e Truatee records tlte noUce of defauh ar two moe►tha if the trust property ta �ot in any
<br /> .- •',i��b?.�y;:y� incoryorpted ciaV or•vlttape end is used in farening operaUona cer�ted oe by the truator,the frustee ahnit gtva publio nottce of saie to the persona
<br /> -"-}��;:��£'{�� and Enthe tnanneT prescribed by��pppltcable•daw.Trustee,without demand on Borrower,sheft selt the property st publfo ouotlon to the higheet -
<br />-�'��� •. 1 didde►.if reSNi7ed by the Form Homestoad Prote�tion Aat,Trustee shel►oNer the proportY in two separate eaies ea required 6y appiipeble 3aw.
<br />-.'""'�`""�'`'' �TsusLae mbyt a�one salo pt att or any percel of the properiy by publio announaement at the time and placa ot any prevtausly seheduled sale.
<br /> �!wti�+,r.;n
<br />��,�� tander o�if�d�tgnee mey putphtfse tha propxny et eny eale.
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<br /> ��-��� Upon re�ofroaym eM of tha prtas bid,7ruatee ehaU deltver to th�purehasw T�ustee's dead convaying tlre property.The rockiels eomainAd in
<br />--,{.=.�r�, Trustea'B ttbod BTep be prima f�aio evjdhmaa of�the uuth of the statemerKS eontatned therein.Trustee sha0 apply the pr9ceeds of the sata in the
<br /> -��+���� toltowFng mdor: it�l to e11 expsntes of mo aale, inctuding, but not IimRed to. reesonable T�uatee's feea, reaeona6le attor�e�/s feea ond
<br /> �-=�`'�� retnstatementYOest{b)to ali tums sacured by this deed of trust,and(c1 the balanee,ff any,to the persona tegally emkted to receiva k.
<br /> ���"'�°� 1�.Eort�.At Lender'�optiqn�thts dead of uust may be forectosed tn dre menner provide by apptiaabte law tor toreetoaure of mortpaQes
<br />_• � �, on roal property. _
<br />';�`� i4.h��x Yu�i. Lor�,:r+►a;�e�i�ihb proyor:y t:.insFacr k If Loedar atvas Bui�iwe��tiu�w iwtorelwmi.itb+�a::ice.:�uct Ksio Uw:aownattts -_
<br /> - ---�.:•r.!,.RI' cauEe for l�naa�e inspaetton. ' -
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<br /> ��^ 1G.Condaarmrrtlnn.Bortanror asst nt to LontDer theproceede of any awerd or elafm tor damages eonneated whh e condemnallon or ather takinp
<br /> - - -'°'�` of a11 ar any purt of ths ptppany.�uch pmoeeds wili be appiiod ea provfded In Covenent 1.7his assigmnent is suOJeat m the terma of any prlot
<br /> --�n�,;,ti� sen�entY i�raement. -
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<br /> -r�='?� q6.W�r 6y,exerdsing eny re��y availeb►e to lender,Lender does not ghro up eny d8hts w tater uee any other remedy.By rrot exeretsing �^;:
<br /> - - �ny remedy vpoa Borrower's dafauh,Lendor does not wahre any right to tater considor the ovent e defeuk N k happens again. `°
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<br /> �,�..�a 17.Joht�d�vKal U� Co�sipnersi Sueeasa�and As�IDru Baund•AII duttes under thia deed of vust are Joint and aeverat. Any
<br /> - Bottower wha co•afans this eed of uuat but does rtot co-sign the uRderNin�debt inatrument(e) does so onry to preM and convey that =
<br /> Bor►ower'a iMerest in the pmperty to the Tnistee under tho terme of Uda deedo vuat.In additfon,suoh a Bmrower agreea that the Leoder and
<br /> ��°"'� anY other Borcower undor tfilt deed of truat may extend,modI{y or meke eny other chanDea(n the terma of thia deed ot ttuat or thu aeeured —
<br /> .._. ��-"� debt without that 8orrower'�consert end without teteaalnp thet Bomower nom tho terme of this deed of trust.
<br /> =��r��:i The duties and benetits of this dond of truat sheil bind end beneflt the suaeeaaars and essiDna of lender and Bottower. --
<br /> -u ,� �j� 18.Notte�.Unbas othetwise roqufred by lew,arry nottae to Borrownr shall be ghran by dolive�ing it or by mailing k Ey certHied mail eddreeaed to _
<br /> ;�'r�,� Bortower et the proparty sddmas or any�other addroae thet Borrower hes givan to lender.Bomower wiit give eny notfae to lender by eordfled =_
<br /> --- -• meit to lender's a0drass on page 1 of this deed of trust.or to amr otAer eddreas whSch Lender has Eealgnated.Any othar�otlae to Lender ahait _._
<br />_;.`_i,�. .X � ' be seM to Landor's addross es stated on page 1 of ffila das�ot Vuat. �
<br /> "��,�` �•,_ . Any noUce ehnQ be deemod to hare Doan ytvan to Bomowar or Lende�when ghran in the manner stetod above. =-_
<br /> ��-`�f ... ' 18.TnnslM of 1tM Propwcll or a Q�!(cIM Irthnst En tln Bo�w�►.It e19 or em►Part of the property or aM+IMeraR in k te eotd ar transferted �
<br /> - . . without lendar's prior kten conseM. t.ender mey demand mmediete payment of tRe secured debt. Lender mey also demand lmmediato
<br /> dom�and paymeM in tlte above situetto sT H kp(s�ohibked by f�e�deral la�w aes of tl�e daeto of t�his deaed�of Vu tensterced.However, Lender mey not
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<br /> 20.Rkafv�anw.When the obiigation seeured by Mit deed of trust has been pald,and Lender hes no further obiigtnion to make advancos �r
<br /> �k�� undar the inatr�mente or e�teemerris Reeured by this deed of trus� the 7ntstea ehelb upon wrktun request bY t�e Lend�r,reeonvoy the truet
<br /> ;,,g,.r�. property.TNe lender shatl datiwr to the Borrowas.or to Borrower's suxessa in Inmreat,the trust doed end the�rote or other evideeoe of the �, .
<br /> . '`:�Tt�• ��- OGIlQaDOft 60 6iitilt6o.oor�wot uitm yo�air iewiaoariri�wr�i�. ':._.
<br /> • = ��,g�. L���� ai LendePs o�on, may remove 7rustee end aDpofnt a succossor trustee by flrst, malling a copy of the
<br /> � �; substitution of t��i�y�d by applkabb ew,andr then,by flltn0 the subatttutlon of trustoe for record in the ofiice ot tho replater of deeds
<br /> { s�ue�ea to a ytAs��tl�Af�a�pe�rty,re�d�U�tle of the Trostee nemaed�in Me deed ot�uis�t and o!am sucaa�aor tr�ustoe of ths p�ePenY,sheli
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