Laserfiche WebLink
, .. , a. . ��n - <br /> + -� ;i�3`iYJ(�11. .''�.Y""."MY.."�;`� -.. ua.iol....._,....:li.._�.R'_�.C-�..—v�T,,..�...w_ <br /> d..�: Tv__°-- _ _ -—'__ _ _---��ti� ��v�����.._ <br /> -- - _ . :7[��"i:,r.-..._- <br /> �a��.�g98 DEED OF TRUST P+��3 <br /> ' �Losn No 813410 (Continued) n�w�1��(� <br /> .+� <br /> — ' _ r_� s. ������ r <br /> aulhoria�Iha�ppropr4l�yowrnm�nt�l oHid�l lo d�livH to L�nd�r�t any UrrN�writ;wn stal�rt»ni ui li�t�x�s�nd r�s�tsrrhnb�p�lrul Ih� <br /> Prop�rty. <br /> Notl�of Con�truetlon. Truslor shall nolify L�ncNr�t Nasl hfl�n(16)day�t bNu��ny work Is comm�nc�d,�ny s�rvlc�s u�lurnhhod,or�ny <br /> mal�rl�k u�suppli�d lo tM PropMy,II any machAn�'s ii�n, m�irri�IrrNn'� INn,or olh�r!Nn could b� ats�rt�d on �ccaunl of tM wak. <br /> �rv{c�s,or mal�ri�ls. Trustor wlll upon nqu�st ol Lend�r furnish to LmcNr�dv�nc�rssur�nas s�tlshclory ID L�nder thal Tnnta un�nd wIM <br /> pay IM cost ol suCh fmprowrtNnb. <br /> pqpPQRT11 DAMAGIE IN�URANCE. TM foMowirq provlslons rWlinp lo Inturinp t1►�Propwty�n�part ol lhh D«d af Trust. <br /> MW�Nnanc�of Inwr�, 7rusiu sMU procuro ond mainlain pakwc of liro Insuranca wtlh slandard extended covernpe endors�rt�nh on n - <br /> npydlmMt b�tb lor th�fuN imur�bl�v11u�towrinp�N Improvsrtwnk on Ih�FiNI Prop�rty In�n�mount sufACMnI lo avold�ppMallon of�ny <br /> cdn�unnc�c1�uw,and with��landard morlpapM cl�us�In fava of Undw,top�lh�r with such o1Mr hwrd�nd N�bIMty Irqunno��t Undw <br /> may r�soruibry nquk�. Pdk;Ns shau b�writl�n In form,�mounls,cov��pes�nd basfs rwsonably�ccs{�4bh to L�ncNr and Mtu�d by a <br /> comp�ny or comp�ni�s rpsorubiy�cap4bw to UndK. Truslor,upon rsqu�sl of L�nd�r,will dNfwr lo L�ndw hom Brn�to tlrtM ttN poNcl�s <br /> or CNtillc�lYS ol insunnc�In form salhhctory ta Lendar, Includinp sllpulalions thtl covK�pes wiM nol b�c�nc�N�d or tMm�nf+Md wMhout�1 <br /> Iwst Nn(1Q}d�ys'pria writl�n notic�to L�ndsr, Each Insuranc�policy�ho shaN Includ��n�ndorssm�nf providirq that cawrp�In hvor ol <br /> Land�r wNi no1 b�Impeked In�ny w�y by�ny acl,omfssion or dN�ull of Trustor or�ny alh�r p�xon. Should th�R�el PrapMy N�ny tlrtw <br /> b�com�Iocal�d In�n uoa dos)prwtod by tha Diroctcx ot the Faderal Emarqency Mannpement A9sney es a a►MCi��I1ood huud�rn,Trwtw <br /> apna to obtaln�nd malnl�in F�d�ral Flood InUUnnca for the IuN unpQid principal balenc�ol Ih�lan,up to tFN maxlmum poNCy Mmits sol <br /> und�r Ih�NaUonal Flood Inwrpnco Propram,or as otherwise requ4ed by Londer,�nd lo malntaln such Insuraru�fa tM lerm ot lh�lan. <br /> AppNCellon of ProcMds. Trustor shall promplly nolify Lender of�ny loas w damap�to IM Prop�ty. L�nd�r may mak�proof of Iws M Trwla <br /> faib to do so wMhln RfINn(15)d�Y�of th�caawlly. WMtMr or not L�nd�r'�s�uurfy b Imp�k�d,LM�d�r may��t ih�Mctlon,nalw Iu+d nlaki <br /> th�procMds ot�ny irquranc��nd applY ths prawds lo th�rWucflon of Ih�Ind�bbdnar,paynwnt of�ny Il�n�M�cYnp th�Propny.or It» <br /> rqtor�Gon �nd r�paw ot Ih�PropMy. If l�nd�r N�cls to apPly iM pro�wds lo r�slonUon�nd i'�pafr, Trustor�tNN np�k or rphO�Mt� <br /> d�rryprd or d�skoy�d tmprowm�nts In a manrnr satlsMclory to UndK. I.�ndu shaM, upon utishClory proo(of suCh�Ntdltur�,p�y or <br /> relmburs�Trusla kom th�prxwds fa IM r�asonabM cosl of np�k or ratonUon if 7ruslor fs nol�n deMuN urw1K Ihh Dwd of Trust• My <br /> prpcMds wh4eh INVw not bMn dbbunrd within 180 dliys�►lor Ih�(r reCY�pt�nd whfCh LYnder has nol commfHSd 10 fFN np�ir or n�lonli0n o( <br /> tM Pra�,wty sh�N bo uNd A�sl to p�y�ny amounl owinq to Lond�r under thk OMd ot Trusl,th�n lo p�y�cauW Inf�r�st,�nd th�nmMndrr,M <br /> ■ny,shaN b��ppNK!to t�N pr�nclpal ba4nc�of Ih�Ind�bbdrwss. N Lenti�r hdds Ilny procMds dIK p�ym�nt in full uf lM Ind�bt�dnNS,sueh <br /> procMds sFuN b�paid lo Truslor�s Trusta's int�nsls rru�y�ppear. <br /> UrN�cpk�d InewMiu N SN�. Any un�ptnd Inturancs sh�il inw�lo Ihe b�n�Rl ot,�nd pass lo,tl�purclwfK tN 1h�Prop�rty cownd by tfM� <br /> pMd of Trutl�t any Nua1M's s�N�or otMr ala hold undw Ihe proWsions of thia Dwd ei Truet,w:t:.�y(onciaun snM of such Prop�Ay. <br /> TAX ANp INSURAMCE AE{ERVES. Su6j�ct to any Nmitadons s�t by����cabk�kw,L�nd�r may nquirw Trtlstor W mdnlsin with L�ndM►�rws <br /> la p�yrtwnt of annuN luc«�asNSSrtrnl���nd insw�na p��miums�wh�cn nssrws aluM b�crwt�d by adwna p�yrt»nt a monlhlY WY�*W� <br /> sum atlrtyqd by L�ntfK lo W�uHfcMnl to produa�mounb�I l�asl�qud to tM tax�s,ats�tsm�nts,�nd Insurcnw{x�mluma to b�pNd. 7tN <br /> ns�rw fundt sh�l M h�ld by Lsnd�r as �p�n�ral daposit from Truslor.wh�h L�ndsr may s�tlaly by p�yment of IM tax�s,ass�stm�nlb��d <br /> i�unna pnrNurt�rpuind to b�paid by Truslor as thsy becom�due. L�nd�r al►�N haw Ihe ripht to draw upon tM rn�v�funds lo pay wch <br /> It�s,�nd L�ndu sh111 nd b�r�quk�d to d�tarm(n�Ihs v�IlWly or accur�cy ol any iMm Mfon p�yinp ft. NolMnp in Ih�l�d o1 Tnist slnM b� <br /> conabwd a nquirirq l��d�r to adwnce o11wr monMs for tuch purpos�s,�nd L�nd�r ah.�M no1 Incur��y MabiNfy lor�nylhl�p N rrby do or omN to <br /> ��•�.���!Q�ti.f..�,..�M�n�; S��nMr.1 to�ny AmiVUons sat by apnYcabl�I�w,M th�rftMw fundY dkdol�I a shor#�p�Or dMclOnCy�Tnwlor <br /> sh� p�y such shatlp�e a daAc�ncy �s nqufnd by Lend�r, AN �mounts In tlw� rNww �ocouM �» MrWy pMtlp�d t0 furth�r aNCU�ii� <br /> IrWWMdn�st,�nd L�nd�r Is h�nby�ulhpix�d lo wNhdnw and �ppy such�mounts on ifN Ind�bMdnKS upon tfM ooCUrrN�o�d an E�d ol <br /> pNaury. L«xMr�h�N not b�r�qWnd to p�y�ny inl�nst or s�rninps on IM rosarw funds ur�hp nq�rrd by I�w or apr»d to qy L�ndi�lh rwMMq, <br /> L�nd�r doot not hdd thw��i�rw funds In trust for Truslqr,9nd L�nd�Is not Trusta's�pent for p�ym�nt of th�tax�s�nd asMSamK+b nWtlnd to <br /> b�p�M by TrustOr. <br /> ptpinlp�TUq�S et'LENOER. If Trwlor faib to comply�wllh�ny provision of this DMd of Trusl,or N any�c11on a proowtNnO M oomnww�d tM+� <br /> wouk!rtwlphly�M�cl L�nd�r's IntKKb In Ih�Prop�rly, l.�ndK on Trustor's b�h�M m�y,bW slwiN nd b�nqukW b,lak��ny acYon thN l.M� <br /> dMm��ppropriat�. Any amount thN Undu ucp�nds in so doinp wul bwr inl�nsl�t 1M r�b provid�d for In Ilw NoM hom th�d�l�InCUrnd a pMd <br /> by l.�nd�r lo lh�dab al r�paYm�nt by Trusta. AM such�xp�ns�s�d Und�r's optlon�wW (�)b�p�ribl�on d�m�nd. (bl b��dd�d b th�bN�na <br /> p�iM MpM�nd b��ppo�tlon�d�monp�nd b�p�Y�bM wHh�ny intuWrtMnl p�YrtNnb to b�COrr»dw durirp Mthlr (q th�Mrm d a�ryr Ipplat�U <br /> irnunna poNcy or (II)tM nrrMkdnp Urm d IFw Nob,a (c)M�NNd a�bN►oon paym�M which wiN W dw uW p�YWM at tM NoM'f rtWurNy, <br /> Thft OMO Of Tn»t�ho wiN weur�p�ym�nt ol tF��mounb. TIM riphts provld�d fa In lhfs paap�ph shW ba In�ddldon lo�ny oM+K rlphls a any <br /> r«n�df�s lo whlCh LNUMr m�y W�nYll�d oe�cCOUnt OI IM d�f�Wt. Any suCh�CUon by L��d�r sh�N not b�COnsMU�d�s Curirp 1M dM�uM so q to <br /> bu L�ndrr hom any rNrwdy th�1 N olh�rwis�would Mw h�d. � <br /> WAqqAtfTY;plFEMlE OF TITLE. TM fobwinp provisions rNdinp to own�ship ot 1h�Prop�rty�n�parl d thh DMd o1 Trutt. <br /> TIMt. Trusta w�rnnh lhal; (�)Trusta hdds 4��nd rrwrlcNabN tltM ot ncad lo IM Prop�rly In h�fimpN,In���d o1Mr ol�II�na�nd <br /> �neumbanc�oMyr 1hRn thos�t�t}a1h in tlw RMI Prop�rty d�scrk�tlon or In�ny NN�I�uur��w poMCy�NN�rMP��a 1in1Y Ytl�opk�lon I�wd In <br /> hvar of,�nd�cwpt4d 45���W►dM��Co^^�c4o^W��h Ihfs D»d ol Trwt,and (b)Trusla h�a fh�fuU ripht�PowK���d�ulhorky t0�scuM and <br /> aliv�f lhit GMd 0�'t�ust to L��dM� <br /> D�NnM of TItN. SubJ�ct lo lM�cc�ptlon In tM panqnph abow,7rustor w�mnb and wi fawK dN�nd th�qtl�to th�Prop«ty aQ�6w1 tM <br /> lawtul dalms of W pKSOns. In ihs wrr►t�ny�etb�a procMdinq Is comrrwnad Ih�l quatla�s Tru�loh NIM a tM MMrMt ot TrurW a <br /> L�ndK undu Ihb D�d of Trutt,Trusta shaY d�bnd IM�cllon al Tru�ta'��cp�na. Trutta rtwy b�tM rwmfnal puiy!�such(xo�w�rp.bul <br /> L�nd�r shNl b��ntld�d to particip�l�in tM procMdinp�nd to b�npnwnNd In itN procwdlrq by eowMM of I.�ndws own oliaio�,�nd <br /> Tryslpr wW dNiwr,or caua to W dNiw�d,to landK such fnsttur►Hnts�s l�nd�r may nqwsl hom tlm.to tlm�lo pNrmM such pulfdpolon. <br /> CpmpN�nq Wlth LNN�. Tntttor wlunMS thal th� Property�nd Trustor's us�of IM PropMly compN�t wifh W��xNHnp appYtrbN I�vr�, <br /> ordln�nas,�nd rpuMtlora of qovKnm�nt�l�ulhoriN�s. <br /> CONOEMNA710M. TM idlowirq provislons rN�tinp lo condemrwtion proceedinqs ue a part ol thls DNd ot Trust. <br /> Applkalfon uf Mft ProcNds. If�II a any part of."Ihe Propwty is cond�mn�d by smir�nl domdn procwdl�pt Cr by��y proa�cM�W a - <br /> purcluis�in Iwu ol cond�mnaUon,Lond�r rrNy��•Its elecllon nquir�Ihat�u or�ny pnrtion of 1M nN procwd�of tM�wud b��b tM <br /> � Ind�blWn�se or�►�e np�ir or ralaatian of tM Properly. TM rNt procwds ol tM eward st�W rr�n th�awWd aM�r p�ym��of sr nuorwbb <br /> Cp�q,u�rw�,�nd�ttorrNys'IMS irklxnd by Trusle�w L�ndK in cOnn�ctlon Wllh iM Condamn�tlon. <br /> proeNdN�p�. II�ny procMdlrq in CondemruNion is fil�d,Trustor shall.promptly notity L�ndK In wriNnp,rnd Tnqlor�MI prOmpyy Wc�wCfi <br /> sbp�at�r►�y b�r�pss�ry to d�Nnd Ilwi acNOn�nd obl�ln Ih��ward. Trustor rYMy b�tM nominal puty In wc�proa�dhp,bul LM�eMr tAM <br /> W�ntllNd to pu�G�p�N�tM P��`��W�nd to b�r�pr�nqd Ip if�praMdinp by CounsN of fb own chofo�,�nd Tn�tor w�d�wr or <br /> r,aus�lo b�d�Nwc�d to L�ndK such Imlrumonls�s may bo requaslod by it hom Gme b tlrrN to pKmft euch puNcipaMon. <br /> IMPOEITION OF TAXES,FEES AMD CHARQE3 BY OOVERNMENTAL AUTHORITIES. The tdlowinp provision�n4Nnp l0 powmrtwr►1�1 t�o�s� <br /> fMS�nd chup�s�r��part of tNS OMd of Trust: <br /> Currrnl T�c��,F»t�nd ChKpn• Upon r�qu�st by L�nd�r,Trusta sh�a�xocuN such docur►�nts In�ddltlon lo Ihi�WW of Tnxt�nd Uk� <br /> what�wr oth�r�cUOn fs nqusslW by Und�r to p�rf�ct and continw Und�r's HM on Ih�RNI Prop�rty. 7ruttor�haN r�ImburN LM�1ar al <br /> taxa,�s d�scrW�d bWow, 10p�IhN wHh �N ��ns1s InCUrr�d In r�COrd��p, pKf�cUnp o►conNnuirty tMs Dwd of Tnnl,Includkq wNho�d <br /> . .. ... _ . . .'_''_"''_" <br /> _r�.��.�...........u.....�...nW�.i�INa(L�A nf Tnxl. ' <br /> um[�non ax wc�s�feR,vvcurn.owrr aruq,s�iru c..�:.�,�..,,�.......�..�...�_•._�._....�..------. ..__. <br /> Ta�t�s. TM IoNowinp shau conslilut�Wc�s to wh�h Ihls s�ctlon�ppli�a: (�)�sp�clric luc upon thb lyp�ol Owd nf Trust a upon NI or ury <br /> put ol ttw IndWt�dn�sa s�cund by IMs O�d ol 7rust; (b)a sp�clllc tax on Trusta whlch Trustor h authoriz�d or nquk�d to d�duct kom <br /> payrrwnts on iha IndWt�dn�ss s�CUnd by thb typ�uf O�ed of Trust; (a)�t�x on thb fyp�ol DMd of Trust oharpMbN�pNr►at tM L�tM�r ur <br /> IM hdd�r of 1M NoN;�nd (d)� sp�df�c t�x on �A or�ny pallon al iM IndobNdn�ss or on payrrNnb of principu�nd InNnt!nwd�by <br /> Truxtor. <br /> Sub�qu�nt Tauts. If�ny tax to whkh this s�cAon�ppliK is w�Clsd subs�qwnt to iM d�la of Ihh D»d of Trwt,thit�wnt tlWl Mw tM <br /> s�rrw�fhct�s�n Ewnl of Oof�ull(a ddlrNd bNow),�nd L�ndK rn�y�xKCls��ny a MN ot fb�wtl�bw rom�dMe for�n Ewrnt d O�uN in <br /> provid�d bNow unlrsa Truslor«thK (1)p�yt tM tax b�fa�il b�com�s cNNnqwnt,a (b)cont�sls th�t�z�s proWd�d�bow In ih�1'axM and <br /> l.Nns s�ctlon und doposile with LenWr c�sh or�suHieNnl corpa�l�sw�ty bond a otMr s�CUrity sa8sf�ctory to UndK. <br /> .�.*i �y;:l�� <br />