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li�. .;_� .pc• . _. -. .-�,..s� � ;��.. -'-•- - - ... . . t`-. 2 . �-.�-__—_ <br /> ���. .�(, � �i!_����n�1�i_'7',.:.':7�"-'r �_c r.z <br /> :r., :� �.,�ta.1.�iE"�c:�.:�Tlf"!�:v+_r '�'�--'i.''r3Y'�'7�.�*.���i�;'.��`.t u�, <br /> COVd111NTS (�s- 11�'' 4 <br /> 1. Nyn�N�. 8orrow�r�prNS W mak� dlp�yrn�Ma on th� aaud d�bt wMn dw. UMfR� BWI'OWN �11d LMdM �QfN utMrwl��, anY <br /> p�ym�ntt L�nder naolws hom Sonow�r a 1oi Borrowrr'� boMNt wiN M applNd Nnt to�ny�max�t� BorrowM ovw�on tM aaxW drbt <br /> �xclwiw af fntK��t a princip�l,Neond to Intae�t.�nd tMn to principN. It p�rtl�l pr�p�ym�nt o}tM ucund d�bt occun for any rn�on,k wlll <br /> not nduc�a�xcuW �ny scM�h�IW p�ym�nt u�til tM��ax�d d�6t I�pdd In full. <br /> 2. CWnM A�M�wt Tlw �v*pWi(1��i�YMi nt�,�nd otMr chup�s�ttribuubN to th�p�op�rty wMn dw snd wiil d�f�nd thN <br /> ta ttM pro �p�Inst n��w��d�1N n of this d»d of tru�t,L�nd�r m�y nquk�Borrow�r to�sNpn�ny rfphn,cl�knR a <br /> d�f�rw��borro ly I�ba or m�tal�l�to Improw a m�Intdn th�prop�rty. <br /> i l!.. 67i'.t il i 1 9. <br /> 7. 1nMx�e�os. Sorrow wliFM�p tMr prepMey-inw�erd t�rm� �ec�ptabb to L�nd�r n 9arowK'� ucp�ns��nd fa L�nd�r'�b�n�fN. All <br /> k�surw►C�poUeM�k►sA k►elud���t�ndrd mortpap�clws�In favor of L�r►d�r.Lexl�r will b�n�m�d u bai p�yM a u tM Imund on�ny wch <br /> Insw�pollcy.Any Mrurno�poc�m�Y M��,withfn Undw'�dNicnt{on,to�kMr tM r��ta�tion or rp�M o}th�d�mp�d prop�rty <br /> a to th�s�cw�d d�bt,If L�rpuka mortpaQ�liNUrana, Borrowx p�N�to mNnt�in sueh Iruwanr,s for�s tonp a�Und�r nquk��. <br /> 4. �ro�ty�BorrowK wiN iu�p tM propKty In pood condkbn��d m�k�dl npakt nuon�bly n�c�u�ry. _ <br /> i. E�ew�.9onow�r pr�w to p�y�II L�ndK'��zWns�� I�cludinp ny�on�bl��ttom�y�'f��r,If Borrow�r bnalu�ny uv�n�nts In thl�M�d <br /> of uwt a In�ny obllprdo�wcund by thl�dNd of trwt.�orrowe wW p�y tM���mount�to L�nd�r n providrd in Cownant 9 of thi�dNd of <br /> nu�t, <br /> �. l�Mr���MMwMb_UnNu BarrowN fint obtNns UndM'�wrkt�n con��nt, 8orrowK wiA not mak�a p�rmit �ny eh�ng��to�ny prla <br /> s�arity Mtw��is.Batow�r wi8 pvform aN of BortowK't obllq�tloru u�d�r �ny prlor mortpay�, dNd o}truat a oth�r��cwlty prNm��t, <br /> {nehbirq bnorwr's oownrda ta mak�p�ym�nt�wMn dur. <br /> 7,M ot R�nN�nl he1Ns. Barovwr a�dprw to L�ndW tM nnta�nd profit�of th�propvty.Unleu 6orrow��and L�r►d�r haw aprMd <br /> o •In w+itln0. !or►owrr m�y eoM�yct w�d rKain tM nnts u lonp a� Borroww I� not in d�fauk. If 8orrow�r det�uH�, I.n►d�r, Urd�'� <br /> ��tkit to�thl e�o�ts�cl��n a�npi�mp�th�t ao�y�INnc�ludl n�p court ea,t�raid�a�oYrn�i�y�i�ii commbibni io nntal asnti�ind i,y atMr <br /> r�paay rNat�d�xp��a,Th�nmNninp�mount of n�t�w111 tMn apply to p�yrt►�nt�on tM s�cund debt a provklsd in�oven�nt 1. <br /> �, l.�Nddr CpidonYnN�r;Plw»d Wrt D�v�lop�r�nb.Borraw�r preai to comply wfth ths provlsians of rny Nue I(this deed of trutt b on <br /> � {a�kwld,I�thl��d ol Cu�t i�on� unit!n�condomlMum or��plinned uMt diwbpm�nt,Borrower wlll p��fam�II of 9orrow�r'�dutl�s <br /> und�r tM covsn�nn, byIrvn,or rpulrtbrn ot th�condominlum a plux�ed unk davolopm��t. <br /> 0. AWhodty cf L�nd�►to hrform tor�arror►K.K Borcow�r lsih to�pstfarm arry of Borrownr'�duti�s �r tfik daad of trust.Lsndu rn�y <br /> pKform tM dutMi w ewM th�m to W pwfam�d. L�ndu may dpn 6ono�w�r's n�ma or pry any�nio�xn M r»c�u�ry fa pniam�rw�.H�ny <br /> oon�tnictlon on tMpr opKry Ia dUooMMw�d a nat oarti�d on{n�n�onabN m�r,Lende may do what�wr b n�u�ry to pronat L�ndar'� <br /> Naxky NitKMt In tM pra�rty.71�is may k►ch�eompl�tkq tM eauruetlon. <br /> I.��d�r'�faWw�to pMfam wiM not pnchxie l.�nd�r hom�x�rcisMq��y of it�othK rfpht�und�►th�law or ihi�dNd of uwt. <br /> Any rnountr PNd by Lw�du to pot�ct Ler�dK'�t�axity k�arut wIN b��ecund t►y thii dNd o}trwt. 9ueh a�na�ts wNl b�du�on"cNm�nd <br /> �nd wiM bar Int«'aE iran 1M dm of tM payrrNrK undl pdd in iuN�t th�ints�s�t at�In eflect on th�Nctx�l d�bt. <br /> 10.D�/wll�iM Aoo�NralMn. It lortowK fWla to m�k��nY WY� wh�n dw or brsin��kys smr eown�tc und�r thi� dNd of uwt a w►y <br /> �imml�dl�t P�Y�^�rN��may�kwoki�po�w�r o��ied H�iy otMr r�inwd{��pirmltt�d��app a��liw�of tM ��cw�d d�bt�nd <br /> 11.II�wE rw NMio�ef DNauk.1t M hK�by nqw�t�d that copt�s o}the notb�s ot d�fault�nd s�b b�wnt n ueh pxwn who b�p�rty <br /> twno,at H»�ddrn�of wKh such p�rson.M Mt fOfth hMdn. <br /> 72.hw«ef irM. M th� lMid�r NrvokN tM pow�►ot�aN,_tM Trwt» �h�U flnt neord In th�ofNw1_�f tM npMn►of dNds1-of ud�oo�rrty <br /> r,,;,.,.;,,;;,.II�,.i�„�;,,y;:..;,;-.M:;��y3iGil u�i'wr�i��lii3�tiu' i iw7'ilui'vi uii�{{iYll���YN N�IYIIIN{NJ�11�1�{��Y.Yr MW.Tiw Yi3i�w <br /> �feaA Nso m�ll eop{�s of sh notla of d�fwk to tM EortorvK,to�acb p�rson who N a prtyYw�to, and to otMr p�norn wp�p��by <br /> appYe�6N Iwv. Not Nw efin otM month �ftK tf� Tru�tN r�cads tlr noda of d�i�ult o� two nwntht N tM ttwt propMty lt not in �ny <br /> inoorpa�qd eitY a vMlq�nd a w�d In fwminp op��tlon�cartMd on by tM bwta,th�frwt«�hNl pM qibMc nvtia af�to th�p�rw� <br /> W�ddi. nquM�d bY��Fm�bHomN�t�Pcotiotbn Act�T�sf�wl oN aapNtY In two��W►��wpr��4uind bY�PVMt�� <br /> Traw1»nMY 1�Mtpoe+�tN�of aN a any puCN of tA�P��Y bY P�bNo anw�xiowrMnt�t th�tNn�and pl�a of+nY pwiowM�chdul sab. <br /> l�du a la d�Ipr�e nrY P�►ohw tM ProW►tY�t+wW��I�. <br /> Uponr�,yfpt ofp�Y of th+prie�bid.Tnwtw�h�M Wllwr to dr purch�r i ruatw'i tl�canwytrt t!r_pre�.i1r r.enlN�oo�t�MMd In <br /> T�wtM's dNd�hdl b�i prlm�fsc��vWMr�a of tM uuth of th��ut�nwrKa oonUk�d tMr�ln.TnKtN�M�pply tM pra�of tlw saM�n u» <br /> r�i�r M ti i�,lbl t�aliw�siaund bY if�r.�dNd o�a�u�� �nd(eINM�b�il tanw,M�r�iy�tlo tlw���w�s N�p�aMy�to rmiw�iw�k.fN� �nd <br /> 1�.�r+.At Lwid�r'�optlon,thl�dNd of uust m�Y b�fa�eloNd In tM ma�xwr provld�by�pplicibN I�w tor fa�closun of mortpap�� <br /> o�nM prop�rty. <br /> 1�.� L«�d�r may Krtw tM prop�rty to frwp�ct h if L�nclw piw�BonowK noUw b�fonh�nd. Th�notla must�t�b tM�a� <br /> �awo fe�►l�ndir'�hwp�atbn. <br /> 11i.C�wrrYen.Bonovwr to L�r�tMproe«ds of my awKd a c1�Im fa dam�s oarwct�d wNh�condwm►�tio�a othK t�kk�p <br /> ot�A a�ny p�rt ot tM prapKty�ueh RocNds wNl br rppl{�d u provkNd In Cownant 1.Tht�nslprrr�n k subJ�et to tM tKrt►s of�ny priar <br /> �Y�P��• � <br /> 1S.Wdw.By�x�rc4k�p+ov r�d��vNl�bl�to L«der,L�xNr doa��at plwup��ny rlphb to lat�r ua�mV otMr��dy. By not�xwcl�Mq <br /> �nY nn'»dY��orto�v�r'�d�fwk,L�r�d�r doN not wsfw�►Y�ht ro laar caww�r tM w�nt�d�fault M k fiM{�a�ln. <br /> 77.Jeku�nd fw����y; Ce-��: iuee�s�a��nd A�w�ounr. AN duti�� u►dK thls dNd of trwt�n joMt �nd Mv�rM. AMr <br /> Borrow�r who oo-sipn� tN� dMd ot Unut but dow not co-slpn ttw undw d�bt Inatrwrwntl�l do�s w on1Y to P�nt �.d conwy th�t <br /> Borrowa'�fntwMt in th� pop�ty to 1M Tn�tN undM tM t�nw ot thi� o trwt.In�ddition�such a Bonavwr+prwt tlwt tM L�rxNr�nd <br /> �ny otlw lonow�r wd�r Ws dwd of trust may�xt�nd,modiN o► nNk��ny othK eha��as In tM tKms of tht�dwd of trust a tl►�t�aind <br /> d�bt without tMt brtwy�r'�p�►t�nd wfthout r�uskq tMt llorrowM hom tM twm�07 thl�dNd of trwt. <br /> Tlw duti�a�nd b�r�Nn o!dis dnd of aust tFwiN Wnd�nd b��Nt th�wceNSOn a�d aaaiprn of L�ndw Md Ba►o�w�r. <br /> 1�.NMlia.UnNa otlwwN���quk�d by law,iny notky to BorrowN�hall b�piwn by d�lhnriny k or by mNMnp k by c�rtltf�d maN�ddnss�rl to <br /> 9wrowK�t tM popKty addrru o► otMr+�ddn�thit BarowK h�s plwn to UndK.BorrovvK will yfv��ny notla to L�ncbr bv a�tiflW <br /> maN to L.«�'t�ddr�on p�p�1 of�a dMd of tn�t,or to�ny otlw addr���wh{ch L��hw dqlpMt�d.Any othK noNp to I.ir�dM�MN <br /> b��tt to L«w!n'��ddrN1�s�t�1�d on p�y�1 of thM dNd of t►ust. ' <br /> Any notfa shap b�d�n�d ro Mw b�qlwn to Barow�r or L�r wMn plwn In tM marwwr�tW abow. <br /> 7!.Tn�w1w M 1M Mnpw�h o���Mr�dd Inesr»t In tM�o�►ow�r.M MI or any part of tM prop�rty a any Nrt�Mt�.ln k•la sold a trarnfKnd <br /> wftho�K Leid«'�p�ia vwhnn cor»�nt, l«�may d�m�nd imm�dl�te WyrrNnt o/tM ��xx�d d�bt L«�d�r may �I�o d�mand krwrwdln� <br /> p�yrt�nt'It NN Baroww� N not�naturd p�rson �nd a WrnfleN) iM�rs�t In tM Borrow�r Is wld a n�rrf�rrW. How�wr, ��ntNr may not <br /> d�mmd p�ym�nt h tlw�bow shwtiorM If k I�prohlbk�d by f�dad law Mr of tM d�t�of thl�d�W of trust. <br /> 2p.Moonwyrw,y. Whas th� oblfp�tbn s�ax�d by tMa ENd of trwt hes Msn pald �od L�rd�r hu no furtt►K oblfp�tlo�to m�k�idwnc�s <br /> u�r th�irxt�r►t�or pr�m+nt�acund by thi�dNd of bwt, ths Tru�tN shal�upon wrht�n nqu�n by tM Lend�r,nconwy tM tnut <br /> pr Th�UrdK d►�M dNiwr to tM Borrovwr,w to Eatovwr's wccuaor In k�tKS�t,tM tru�t dNd and t1w note or utMr wld�na of tM <br /> ob �Gon w satkfi�d.9orrowM�h�ll p�y any r�cord�tion oo�ts. <br /> 21,iuoe�oe �t Und�r's optbn, m�Y r�mow Trustsr �nd �ppolnt ��ucussa trwta by tk�t, m�tling �copy.of tM <br /> sub�trtutbn of��by�pplM,�bl�I�w,and th�n,bv iflinp tF►s�ub�titutbn of tru�t�for ncord In tt�otfic�af tM rpl�t�r of dNd� <br /> nt urh mrftv 1 1 DfODN'LV.Of�d1'1�Wfl 1�1NNt.Is�ku�tad.TM auccsasor trwt�e.wlthout conwv�nc�of tfr aonartv.shall <br /> sueeMd to NI tM paw�r. d�cl��,�iithorkY��nd titN of tM TrustN n�mW In tM dNd of tru�t�nd ot�ny suaa�ssor uiiatN. <br /> //r�g�2 e/11 <br /> �uMCens s»rcwn.�c..tr.c�ouo,ran Naoi n•sown•:u��ronM ocr.►�na►�ui��i <br /> _ -- _ _ <br />