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,��4...____�__. �_.:�_--�� -'_ _"_.. -`!T���r��R".�� ����.i.i.�r.14.y...�.� __�.�.��_�..,._/�.�..__._. . �_ .�... - ._. - � <br /> yi. 1.. <br /> �_.�_.._ T " <br /> �_�.. <br /> _ _�__ <br /> :r . .... ..... _ . -_��__•----�---�,T..-�. � '". _.. __..__ <br /> . ......."" '"'" ' . _._..._. ,_.. ... .'^'T-_ . -- �--�. <br /> covu�n �17—'�(�c1 Q��p <br /> 1. �aynnnd. Borrowir aprN� to mskl�R p�ym�nil on tM s�ound debt wMn dus. Uniss� Borrowsr �nd Lsnd�r apne otherwlae, �ny <br /> p�yrt»nta L�ndK naiw�I�om eorrown a iw Bprrow�r'�b�n�fit wlli b��ppIl�d fint to�ny�mounta Borrowu owsa on th�t�cur�d debt <br /> �xclu�ivo of Int�r��t a princlp�l,s�condto Int�r��t,�nd tMn to prinelpal.If partlal pr�p�ymmt of tM ucund d�ht occur�fw�ny na�on,It will <br /> nat r�duc�or�xcw��ny och�dui�d paym�nt unti!tt►���cund deht 1�pdd In full. <br /> Z.Ct�AONn�t� Borrpv�N wu1 wy�i.c �a, t ���m�nta,�nd oth�r ch�rp�a�ttrfbut�ble to the praperty when due end will d�fend t(tle <br /> to th�proputv ain�lt��ny cl�kni�,�h�oh�J�pa� Il�n oi thl�d��d of tru�t.L�ndn m�y nquln Bortown to aulpn�ny rlpht�,clelm�ar <br /> d�t�n���wMch row'r�aY�1�s w w ,�� supply labor or mat�rl�l�to fmprov�or m�lntain the p�openy. <br /> ��:��. i. ..<<� � <br /> 3.N�xmo�. Borr wfN kMp tM pop�n hnw und�r t�rm� acc�ptabt� to L�nd�r �t Borrow�r'� �xp�nsa�nd far Lmd�r'� b�r►�fit.All <br /> Intur�na pollcl���hall Inchid��atandrd rnatp aps clws�In f�va of L�ndtr.Lsnd�r wlll 6�n�m�d as los�pay��or a�the Intur�d on�ny�uch <br /> In�urana policY•Any Insunna proa�mi b�� plNd,wlthl�L�nd�►'e dl�cntbn,to NtIN►tM nstaatlan or npak of tFu d�m�y�d prup�rty <br /> a to tM acw�d d�bt.If l�ndn r�qulr«rtsor�pap�Pntunna,Barow�r p�N�to m�tntNn�uch Imuranc�tor u lonp n L�r�r�Muin�. <br /> 4.f�reprrty.Bnrrawer wlll keop tho praperty In Qoad condltlon ard mako atl ropelre renaonably nococsery. � <br /> 6.Exp��.8orrorwr prM�to paY all�ndM'��xp�n��� Ineludkr�nasonabl��ttorrnys'iN�,II Borrow�r bnaks my cown�nn In thl�dNd <br /> of truit a In sny obllp�tbn acw�d by Ws M�d of tru�t. �orrowK wlll p�y thou�mount�to L�nd�r n provldM In Cov�n�nt 8 of thl�dNd o} <br /> trwt. <br /> 0.rria E I�Nq.UnNs� Bonow�r Ikat obtairui lend�r'�writt�n cont�nt, BarrowN wili not mak�or p�rmit any cMng��to�ny prlor <br /> uc�xity Mtsm�. BorrawN will p�rform qA of Borrowtr'�obliy�tbn� und�r any p�la morty�p�, deod of uutt or othar �kurity aysemont, <br /> IncludNp Barrow�r's cov�nant�to m�k�paym�nt�wMn du�. <br /> 7.ll ` wnt o1 R�nb�nd ProRb.BaiowK�stipm to L�nd�r tM nnt�and protits oi tM proputy.Uni�st Borrow�r and latd�r haw aynsd <br /> ot � I�wrltlnp, 8arrowa may coNct+nd ntNn th�nnt��� brp�s Ba►row�r I� not In d�fault. If Borrowsr def�uiq,L�nder,l�ndn's <br /> p�nt,or�court�ppoint�d nc�tve m�y t�k� pot:�alon uod mtnap�th�prop�rty�nd coilect tha rent�.Any rant�LendK coll�ct�sh�ll be <br /> applled firat to th� costs oi m�nspinp Ns prop�rty, includi�p court costs ancl attorneys'f�es, commissions to rsntal apenn, �nd�ny other <br /> MC�fiuy nlat�d�xp�M��.TM r�m�iNnp �mount of nnt�wlll tMn�pply to paym��ts on ths sscured dsbt�s provlded In Covenmt 1. <br /> B.L�NN�oid� Condanlnkwnti Plarxl�d U�t D�v�bpnMnb.Borrowa aqro�s to com ly with the provialons of�ny Is�sa if thfs d��d of Vust I�on <br /> �uncM►���wnx►t�,by-liws at ispu�l�tlass of tM co�m�Inium«plinn�id�unft��bpbm�inmt. Borrow�r wHl p�rform rll of Borrowe's dutl�� <br /> 0.AulAaky M.L�eMn to►�fam to�IonowN.If 8orcow�r fdi�to_pKform �ny of Borrow�r's dutMt unda thl� dMd of truit, L�nd�r may <br /> pwfarm th�duws w cauw th�m to b�p�rfam�d. L�nd�r may slpn aorrovwr'�n�m�or p�y any amouot if n�c�sa�ry fa prformaaa. If�ny <br /> canst►ucNon on tMp�op�rty(s discortttrwd a not wrrMd on in�naton�bl�mann�r,L�nde m�y do what�vK Is rNCa��ry to prot�ot Lsnd�r's <br /> ��cu►Ity Int�rat(n tM prop�rty.Thb mry f�clude compl�tinp th�consuuctbn. <br /> Lend�r's f�iNx�to p�rform will not precluds L�nder from exercisinp any ot it�othv riphts under tM law or thls desd of tru�t. <br /> Any amounri p�fd by L�rb�r tu p�ol�ctlr�dN's��eurhy int�nst will b�acund by this d�ad ot uutt.Such�mounts wql W dw an d�m�nd <br /> �nd wNl b�K Irrtxnt hom tha dat�of th�RaHment until paid In full at th�interest nte In sif�ot on the cecund dsbt. <br /> 10. DHwNt�nd AecNKOtlon.If Borraw�r t�ils to m�ks any paymant whan dw a br�aks �ny cov�nant�und�r thls d�M of trun a My <br /> oblipatbn ncw�d by th(s da�d of irutl or 1ny pdo►mortp�p�at dMd of Vust,lende m�y�ccNent�th�m�turity of tM tscund dsbt�nd <br /> d�m�M Imm�dlat�payrm�nt Md may inwk�th�pow�r of s�N�nd any otMr nm�df�i permittv!by appliaabl�law. <br /> Y1.R�q,�t for No1k�of D�i�ult.ft ith���by nquost�d that copl�s of tM notic�s of d�tault and saN b�a�nt to�ach psnon who I�a puty <br /> Im�to,at tM�dck�sy of ach�uch psran.u set forth rwrein. <br /> 12.PowM of 8w.If th�L�nd�r invok��t�pow�r of sal�,th�Trustee ahdl fint ncwd In the offic�of th�nylator of dNd� of each county <br /> wMrein th�truat prop�rty a mm�part a pucal thereof li�ituat�d a notice of d�fauk conulninp tM Infwn�aUon r�quk�d by I�w.TM Tru�tw , <br /> sMN �ko mali copl��of tM ratic�oT bfault to th�Borcoww,to sach pvson who Is a pxty tiw�to,�nd to oth�r p�rsoru��p���aibM by <br /> ,�ic�W=.a c. �t wN�tha�os�h f�� th� '�rwt�e r�cuds tM notic� of d�fault a two monttu ii thr tnut propKty Ia not in any <br /> a�`por���a•s��ti . �q op�r�tbn�csr�I�d on by tt►�uwtor,th�frustN shaU�iv�,_��fc wab�if to tM h�iyh��st <br /> Y ppplic+bM I�w.Trust�e,without d�mand on Barrow�r,sMll sdl the o <br /> bidd�►.If nquind by tM Fem Hom�►st�W Rotectbn Aat,Trust��shdl oNer th�property In two s�parn�uks�s rpuind by�pplicabN law. <br /> TrustN may postporw saN oi all or�ny psral of th�prop�rty by public�nraunc�m�nt�t the tirtN and plsc�of�ny pnviowly achsduled sal�. <br /> L�nd�r a k�d�sfpr►N m�y purehas�tfw propMty�t any stl�. <br /> Upon naiat of p�ym�nt of tM priey bb.Trwtse shsli d�liver to ths pwchaar Trutte�'s d�W conv�ylnp tM prop�rty.TM reehiala contairnd tn <br /> TNttN'�d�ed shall b�pr(ma tacls�vidNnc�of th�truth of the st�tsm�nt�cont�insd therain.Trustee�hdl apply ths proc�ad�of the ale In tM <br /> tolbwhp adar: I�) to all �xp�ns�� ol tM�aN, inckxll�p, but not Iimit�d to, rea�onabl� 7ru�t��'t fNi, rsason� morrny's f�ei �rW <br /> nUUtat�nt f��s;(bl ta all aumi secur�d by thi�dsed of tru�t,and(o)tM balana,if�ny,to the persorts Np�lty�ntiUsd to nesiw it. <br /> 73.For��.At L�ndM's option,thk deed of trust msy be tonelosed In tM manner provld�by appiloabt�law for fw�cM�ur�of mortpapst <br /> on nsl aopKty. <br /> 14. l�nd�r m�y ente►the poperty to Inapect h if Lender qives Borrower notice baforahand.Ths notics must�tate ths msomble <br /> causs w Lendir's irup�cKbn. <br /> 16.C-x�rnMdo�.Borrower a�si Qrn to lender tMprocesds of any award or ctaim for d�m+�es connactsd with�condemnatbn a otMr akinp <br /> oi NI or�ny p�n of the propsrty.Such qo ceeds wilt be�pplkd ee providad in Covenant 1.This nslpnment Is aubJeat to the terms of�ny pria <br /> swurtty apnemaM. <br /> tE.Wrwr.By sxwcitinp any rsmedY n�il�bt�to Lendsr,lend�r doa�not pivs up�any cipM�to letsr u�s any ather remedy.By rat exerclsinp <br /> any r�m�dy upon Bonowsr'�d�t�ult,`�ndsr does not waive�ny riyht to Istx consfder ths nvent�detault If it h�ppens spein. <br /> 17. JoMrt�nd Sw�rM ; CariyMrs;Suea��eh �nd AstlptM QaxW. All dunes undor this d�ed of trutt es Jotnt�nd s�vsral, Any <br /> Borrowe who castpn�thi� dMd of vust but doss not co•sipn ths und�rtylny debt In�trumentts) does so oniy to prant and convey that <br /> Rorrow�r's Int�n�t in the propKty to tM Truttee und�r tM t�rm�ot this d�ad of trust.In�dditlon,such�Barower aprees th�t the l�nder and <br /> any otha Borrov�N urb�r thla d��d of vust may�xnnd, modifv or mak�any oth�r chanp�in tM tarms of thl�de�d oi trat a the�eoured <br /> d�bt wkhout tAat Borrow�r's cuns�nt and wfthout nlsasinp that�iorrower trom thb terms of this dMd ut trust. <br /> Th�duUe��nd beneitt�of thia ebed of ws!ehall bind and bensfit the succeuora and autpro of Lsnder and Bonowsr. <br /> 7e.Nodc�.Unle�t ot!»rwit�requfred bY law,any rwUce to Borrower�hall be ptven by deliveriny It or EK mailinp it by certffted mall eddresa�d to <br /> Borro�wr at the prap�ty addre�s or enY otMr addre��th�t Borrowsr h�s plven to Lends�.Borrower wilt pive any notice to Lend�r 6y certified <br /> mNl to LendK'i�dcka�on p�ge 1 of 1M de�d of trutt,or to sny other adAnss which Lender Iu�deaipnat�d.Any oths�notice to Lendt�r�hall <br /> bs��nt M L�r�r'a�ddnu�t�t�t�d on pay�1 of tht�deed ot auet. <br /> Any notice shall b�dnemed ta have boea p:wn to Borrower or Lender when yfven In tM menner st�ted�bove. <br /> 18.Tmaf�r of tM Prop�rty or�B�nw1clN Nit�„t M th�Sorrow�►.If alt or��y part of the prop�rty a any int�rest in It Is told or tnnaferred <br /> witt�out lender'a prlor wrrlttsn con�ent LaMer may dema�d immedtate peyment of the secured debt. Lender may alao damand immedtats <br /> p�ym�nt if th� Oorrow�r is not � mturol person and� bsneficial interest in the Borcower is sold or ttmofsrred. Howevar, Lender may not <br /> d�mard payrtNnt in tM�Dow�Ituatbrn B�t It prohiDtMd by fsdonl law�s of tho d�te of thl�de�d of truct. <br /> T0.Reeonwyane�.Whsn ths oblig�tiontecured by thl�da�d of vuit hs�baen pafd �nd tender has no furtMr obOpatbn to make�dvancea <br /> und�r th�InstrurrNnt�a ayreementt ocured by this dssd of trua4 the Trustee�half upon written rsqueat by ths Under,reconvey ths trust <br /> pro The Lender shall dsliver to tM Borrowar,or to Borrowar's succst�or in Interest,tM truot deed and the note nr other evtdence of the <br /> obl atlon so s�titfied.Borr�wer eh�ll par sny recordation costs. <br /> 21. SuecN�a Tru�tN. Lsndu, at Lender9 optio�, may nmovs Trustee and �ppoInt a�ucceasor trustee by first, maflny �copy of ths <br /> substitutfon of tru�tee es requked by eppficabie law,and then,by filirq the subatitution ot vuntee tor reeord In the office of the repltter of deeda <br /> of e�ch county_tn whtch the truat pop«ty.a some�rt tMrsof,I��Ituated.Th�successor trustee, wlthout conveYance of the aonertv.�hali <br /> succ.�o ro a'�me power,duiiss,auii�or�ry a�,d citie or cne �ruatee nsmeu in cns aeea ot ouat sno ot any succsasor truateo. <br /> fp�p�Z o/21 — <br /> ea+KeinarsrEMS,u+c..er.c�ouo,ex�es�o�n�oa�es.�a���wnM ocr�a►rt ene�s� • <br />� . . .. .. . _ . ,_.. -- ---- ------;-��.,-.:.=N=,�.a,�,• <br />