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<br /> � q�3SD�-18�8 D�ED OF TFtUST PaQe 3
<br /> � L'oen No 803064 (Continued) 9�� �(%�bQ
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<br /> � � lo pnq.so torsg a�L�nder'o Interest In the Prcpa„y Is not eopardlted. if e Ilen adse�or I�i�lnd es�resutl of aonpa�ma�nt,Tru�to►fhtll wltht�
<br /> '� � , . 6Resn(16)d�y��ttK th�Ilm ariso!a,lt�IMn la f�ied,w1�Mn fittNn(16)d��ri oriw Truutor has notla o11M fUlnp,aicun the disahar0�ol lho
<br /> • Uen,Cr ll rYquYSted by Lendmr,depmll rAlh l.ender ceah or a auHlcl6nl corporot0 ourety bond or olher teCUnry CtlMtaotory to Lende�In en
<br /> .� omount eulGetent to diaohup�lh�lyn plue any ccsts tnd ellorneyi'lerr or other ohnrga�s Ihnt could tccrue as�rhNl ot a tareclaaur�a eate
<br /> ' und�r IRe Cen. In any cont�t,T�u�lor ahtll d0tand It��tf end Len9er ond ahatl6atlaty any ndvo►me Wd�ment beictr�antorcemenl�palnat the
<br /> PrppeRy.?n�stor ghap nam0 Lendar ae en odditlOnpl ob(lpao unda►eny eurety bond turnlshod In Ihocon4eal proceodinp�.
<br /> �� � BelO�ne�of Prymsnt. Trustor shul upan demand hunfsh fo Lartd�r eatistnetory�vldonoe of Oayment af tR�t�,cos ar asaasur»nb irtd thall
<br /> outhorla�ila opArcyrlote Ocvernmantat otf:Cial to dellvor to Lendor at eny Ilme e wdtten atatamerf!d the taues and nssessmeMs�psir►�I the
<br /> ,� '.. � Proputy
<br /> �+�"`�� Nottc�of Oonatruetlan. Trustor ehell rtoliy Lender tl leset Arteen(ts)days bsfore any walc ta eommenaed,am aenAces are Iumtah�d.a nny
<br /> �,� matedais u� suppIied to the Pro�l, U any meahenlo's Iien,materiatmen'e Ilen,or other�len eo�dd be asseded on acaount of the work,
<br /> : �°^�"'�`� seMcas,a materfal9. Ttuator wul upon requeSt ot Lender tumfsh to Lender advance assurflnces setblactay to Lender lhat Tnrstor ctn and wtA
<br /> pay ihe tost of suah improvoments. o;.;
<br /> . . � PROPEATY OAl1AGH INBURANCQ.The totlowing provislons re:ating to inauring the Proparly are s part af thfs Deed of Tnrst. `__
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<br /> �� Helate�tame of Ineureate. Tr��atot shaA proeure and malntain polides ot fire insurance wlth starsdard exlended coverape endqsemenb on a --
<br /> " '�� replacamart baats tor th�tull insurabie vaNe covedng ap improvemer►ts on the Real Properly in am m�ount aufNdent to avoid epplfca8on oi flny
<br /> , �, • coinae�nco CtBUSe,and wllh a atandard mortgagae dause In favor of Lender. Trusta shalt aiso pracure end mointaln comprehensi�d Qeneret _-
<br /> AablAty inquranoe in such coverege amounts as Lender may�equest wHh tnatee and Lender being nemed ea additlonal lnsureds in�ucA HebUity
<br /> Inaurereae Doiides. Addt�onatly.Trustor shali meitdain sucb other Insurence,inctudfnp but not 11Mled to harerd.business intemrpiloa,and -
<br /> � balfer Irtauronce,as Lender may reasonaEly requlre. Poifdes shali be wdtten in torm,amounb,covereges and basis reasonabry�captabte to -_
<br /> � � • Lender And issued by a company a companias reasoru�bty acceAtable to Lertder. Trustor,upon�equast of Lender.witl deiiver to L.�nder from =
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<br /> Ume b tlma the poiides or oertiflcates o!f�urance in tortn satisfactary to Lender,tnctudinp stipul�tions that covera�es w(II not be cancelted or
<br /> dimfniaRed wlthout at Ieast ten(10)day5'pdor written notice to Lender. Each insuranoe polloy aiso ehait lndude an endorsement prorldirg that -
<br /> , .. . cpvCreso In fraver pt Lender rvW rtol be lmpatr�d in any way by eny act,omisston or detault ot Tru�or ar any ather p�rson. ShoWd the Rpal _
<br /> , �. Properly at any Hme became located in an area daNgnated by the Director ot ihe Foderai Emergsncy Management Agency as a specfal Aood __
<br /> ; ;, �.� he�ard area,Tn�stor agrees to obtaln and maintein Federal flood Insurance tor the tutl unpatd pAncipel balance of the loan,up to the m�dmum __-
<br /> policy limf�set under the IQadonal Flood Iiuurance Program,or as othemise requfred by Lender,andto malMalnsuch ir�surance tw iha term ot
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<br /> ihe l0a�f. =_
<br /> ::� � Appikattan o4 Prooee6e.Trustor shaN promptiy nody Lender of any Ioss or dAmage to the PropestY.Lender meY meke Rrpof ot toss M Tnador -.
<br /> . , tails to do ao wilhin lifteen(18)days ot the casually. Whether or not l.end:r's security is impehed,L.ender m�y,et tts eieelfon.teeeive ena!ro'atn _
<br /> � the proeeeds of a�y Insu�ance artd apply the proceeds to the reducUon o41he inde6tedna,�s.payrne�of any�en aNeCBrtg 1?�a PropeAfr.a tho -�
<br /> ' restorcidon and repalr ot tho Property. If Lendsr eiects W appiy the praceeds to restoraHon flnd repetr,Tnutor sNa9 repak or repta.ce tho =_
<br /> , damaged a destrayed Improvemems in a manner satislactory to Lender. Lender sAatl,upon saUslactory proot ot such expandidae, pay or _
<br /> reimburse Trusta hom the prxeeds tor the reasonebie cost ot repelr or re9lotaUOn R Tnrator Is nd In detault under tiu,;Read of Tn�s� Any -
<br /> ° "• proceeds whtch have no!been disbursed within/80 days atter their recelpt and which Lendcir hes not committed to ihe repah a�eslaaU n ot
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<br /> the Propeiy shalt be used flrst to pey any ampunt owing to lendgr under tt�ls Qeed ot Trust,then to pay acaued inier�t,and the rom�i ,N
<br />:.� `'. `.� enY.shall Ee app�led to ihe pdndpal batan0e oi the Indebtadt�Ss. If Lendet halds any prpCeBAs aiter payment in tuli ot the tndebtedtMSS,eUoh
<br /> .�,_- prooeads shatl be pafd to Trustot as Tntstora Jnterests may appear.
<br />'.�;�'�:t'��'+.,i:s,�';; ;: Unexptred insurence at Saia. Atty une�Uad insuranoo shall inure to the banefit ot.and gass to,thepurehaser of the ProPe�tycOVered by tMs
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<br /> .^,.�t;.:,.,,;r•, ;, Deed of Trust at any Uuates's sals m olher saie hatd under the provisionS of this Oeed ot Trust,a st any Toredosuro sab ot such Property.
<br />--••�• ''•q�"' '�� Truato��e RepoA an i�esu►ance. Upon request of Lender,however not mcre than onoe a yesr,Tnutor shall tumish!o l.endet 9 tepat on eaoh
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<br /> ;;�:.r,t;•h j,,; existlrt9 P�Y of insurartce showing: (a)the nsme ot the i�urer, (b)the�Isks insured: (o)the amount of the poltay; fd)tl�proR�rN insured,
<br /> :..,{„�,. tha then eur►ent reptaCement vatue ot such properly,and the manner ot detertnlning that vatua;and (e)tNe e�iratlan dete o!the palay.
<br />-:=3 �,.r';;�; Tn�.stor shed, upon request o7 Render,have an independent appraiser satlsfaatory to Lender determine the cash vatue repfacement eost ot tAe
<br /> --,�--�:�,. Property.
<br />� � OIPENDITlJREB BY LENOER. If Trustor tails to comply with any provislon of thls Deed ot Tnist,a if am ection or p�ooeedinp Is eommencod ihat
<br />-.::�:nR� �"� woutd materisyr aHect LendePs lnteresb In the Prqperly,Lender on Tnrstor's behalf may,but shell n�!be requlred to.take any adion lhtt Lender
<br />_----_'"'+J' deam,approp�ate. Any amount that Lender eo�ends in so dofrp wf9 bear(nterest at the�ate provtded tor In the Note trom the date Irtcumd a paid
<br />- �==�� by lender to tM date o!repayment by 7rusta.All such expenses.at Lenders opHon,wiJ (a)be payabie on demand, (b)be added to!he bilanee
<br />-�`��-�;, of tlie Note and be apporttoned amonp and�e payable with eny inslaliment payments to become due dudnp atther (i)Uie term ot 4ny tppWrebie
<br /> tnsur4rrxx�poW,y or p�the roma[ninp tetm ot ihe Nole,or(o)be treated es a b6Utoon payment wAich wi7 b9 due aetd paytbb at tM Not�Y maturity.
<br /> � This De�d o!Tnist also wll secure paymeM of these amouMs. The dghts provided tor En tNs parapraph alWl b�In addiBOn to any oflw dphts a any
<br /> -,,.:�,�;r„d�� remedles to wMCh Lander may be eMiried on aoeount ot the defaul� Any such aetlon by Lender shaN nolbe construe9 as eudrp tM dsfadt so a to
<br /> _,����,-�•.�,Q,� ba�Lertder trom a�y romedy that[t othetwise would futve Aad.
<br /> ---`"---�� iii�Tri�B�cnSE Oo�Tiiic`.i'i�e foituwing provisions reiaG�ry iu uwrrir�shiy oi tt.e Fraperty eae Ei�arE vF li�s L�eaci ai Tr,rsS. _
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<br /> �;,�;���;, .. Title. Tnalor wenants thak (s)Tn�stor hWds good end marketabte tftte of reaord to the Property In tse slmpla tree and cY u ot aY oam artd
<br /> ;��!�:r encumb�aroes ott�er ihan those set tath in the Reai Propertyr d�tptlon or in arry tltle insuranoe po&y,ti8e repaA.a Rnat htA�opinion ksued in
<br />- �'�k-�= tavor til,end acaepted by,Lende►in connectton with thts Oeed of Tnisf.anC (b)Trustor has the fuo Aght,powe,and authoriry to exacuts and
<br /> -'}":,.ra��;- deliver thb0eed otTrust to Lend6r. -
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<br /> - Dehnse of'diUe. SubjeCt to the exception irt the paregrapA above.Trustar w8rrartls and w�i forever deten0 the tltfe t0 th9 ikoporly�patnst th�
<br /> `�=�="=--° �awrui da;ms o�an aerson�. In the event flny acUon ot proceeding is commenced tApt qteestlosa Truskts tiUe ar tt�e ir�terest ot Trtt�tee a
<br />__��� tsnder u�qer ttds Deed ot Tnut,TNStor shelt detend the action at Tnators e�ense.7�rstormay be ths,�nominai party h suCh prooeedinp,bttl
<br /> Leeder SIaA De er�Gyed to padk�pite fn the ptoceedinp and to tre repre5ented tn tt+e praceedi�g by courtsat af Lent6er's Own choid,and
<br /> - - Tnutor wl deiivar.a esuse to be deiivered,to Lender suah tnstruments as Lender may request lrom Wne to time to pemeil�uch p�rtldpaUon-
<br />``s�_.'�.�i Compli�nee WttN Lwv9. Trustar warra�s tt+at the Property and Trusto�a use of tRe ProPefhl comp0es wilA aA exfs"Jnp ap�.4atblo�awa,
<br />.�r a�.�.-. ]•:::_, ordinat�ool,Qnd re4ufations�of govemmentai authotiUes.
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<br /> ''�' .. . CONDEAANl1TIdI�t.Tha taQOartng Provislons retatlng to condemnatlon prooeedings are a psct a��inis Doed of Tnut.
<br /> . :`. . .-• � App�laatla►o!llet R�uceeda. It aD or any paR ot the PraPedf►is condemned by o:ritriant domdn procee�n9s ar by a-"Or Oroc�dinb p' __.
<br /> purchase In fieu ot cortdemnaUon.lenaer may at its elecUon rrequlre that a9 or any po�on ot lhe nat praaeeds of the ewa4�Lv�apa7ad td tl� _
<br /> Indebfedt�ess ot the repaU a'testoraUon ot the Propeity. TAe tiet prooeeds of the 8w8rd SAsil masn Ihe award eRer paYrtha�t of c�it�ascnn�s
<br /> �. costs.exper�es,and 8ttorneys'tBes incurted by Trustee ar Lendot In conr�ection wtth the condemna0on.
<br /> �: PracCadU�. if arry ptoceedirtg in eondemntition is fited,Tnntar shail promptly�otlf�►lender 1n wAling,ertd Tntsta shatl promp9y take such ,-
<br />- steps as may be r�eeassary to deiend th9 acSOn and obt&in the award. Tnistor may be the rtomfnai pariy N sud�pro0eedinp,but Lender ShBU _
<br /> , �'• be entitlad to paRidpate In the prooe�ding and to be represemed in the proceadinp py cou�aal af fLs own cho�e,and Trustor wi0 detivar or _
<br /> cause to be de4YExed to lender sueA tnstruments as may be requested by N irom ttme to dme to perMt sueh par6cfpatlon. �-._
<br /> __�.�ol�� � iMPOSITION OF TAXES.FEES AND CHARGES 6Y QOVERNMENTAL AUTHORITtE8. Tris foltowi�p Orovt�osa relaUnO t0 8ovemmental feze�s, �`
<br /> . � tees and chsrpes are a part oi 1Ms Oeed of Tnuk -
<br /> a:.
<br /> _ r.�..��*.,.�.�.....a e�..,s.. ��.o..�,�e�i�.r.�ter snnu�ora„ra s„cn dncumn,ds In eddi8on to this Deed ot T�ustnrid tatce -
<br /> —.. -. - whatev�er other action Es n4uested Oy lender t'o Pe�►e�t and co�Enue Lende�s Uen an lhe Reai P+'opertY. Trtutor sho0 relmbwse�endor tor e0 _�;
<br /> � laxes. es desatbed @et�r. together wilh e0 e�enses incurted in recording.PerteaUng a contlnidng 1Ns D�d ot Tntst.inNu�p witAOUI =_
<br /> 6mitation aA taxes.fees.documer►tary s�ps.and otnor charpes tor recordtng or registartng MIS Qeed ot Trust. =-
<br /> ' Texes. llw fallowinp rhau cansHtute faxes to whieh thts se�tlon eppliox fa)a spedffe tax upon thb type of Deed ot Trus1 a upon aY ar 8ny _.
<br /> . P��tAe IndebLedness secured by tPb Oeed ot Tr� (b)a�ecWC tax on Truator whkh Tnrsta Is authodsed a requlred to deduet tram =
<br /> paymenb on ihe Indebffid�►ess secured by this lype ot Deed of 7� (c�a tax on thts type of Qaed ot Tnst chargeaDle ayair�st the 1.Qader ot -
<br /> ,. �, the hoider at the Note;and (d)a spedAC tax on eU or amr paHon W itre indebtadnsss ar on paymenb at p�tndpal and IMerest mtde toy °
<br /> Tnutor.
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<br /> ° ;� Subaequent Ts�es. If any tax to whtch this section appiies is 0nacted subsequent to the date o!Ws Oeed otTrust,this eve�shaY have the E'
<br /> same etPed as 8n Ever►t ot Qetauit(as deflned Detow).and Lender may exerctse ariy or ail of Hs araitaEte remedtes lor an EvoM of Cetault as �
<br /> provlded betow untess Tnistor elthar (a)pays tAe tex before it becomes detinquent,or (b)contests Ne tex es provEded ebove In tt�Taxes and �.
<br /> ' Lteas sectlon ctnd depostb with Lender cash o►e Sutfi�ent corpaata Sunety bond or otRer seeudy setlstac�r f�r1�Br{�
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