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<br /> � COVENANT� 9'l�I/�QI �J�
<br /> 1, ��� IM� .y��� nt� an tM ucw�d d�bt wh�n du�. Unla� BorrowW ��►d Le�i►d�F �p�7i� tMrwH�, any
<br /> p�ym�n" t�L�� � �7_�IiN/�f row�r'�b�rntli wlll M appIl�d fNat ta any�mount� Borrow�r ow��on th���cund d�bt
<br /> �xclu�iw oi I t� f t �nd tf�nto principN.I1 p�►tl�l pnp+�y�nsnt of th��saund d�bt occun for any naton,It will
<br /> �ot nduc�a x •��aurb d�bt Is p�ld In fufl.
<br /> Z,CIMm�A ,fe�rewK wilF p�a1F n��urMnt�,md othar ch��pn�ttributedle to th� opsrty wfHn due�nd wlil d�f�nd titls —
<br /> to tM prop�ty�p Nntt N�y clNms which would Imp�lr th�INn of lhle d��d of tru�t.Lmd�r m�y requira�orrowK to utlpn�ny riyhts,cl�lm�or
<br /> cNbns�t which Horrow�r may hsw�pdn�t p�rtN�who�uppry labor or m�tuids to Improw or malntain th�prop�rty.
<br /> �.N1��w.Harow�r wlll kNp tM{xop�rty iruund unde tMrm�acc�pt�bi�to L�nda at Borrow�r'� �xp�n��rnd for L�nd�r'�b�rntit.All
<br /> Irnur�nc�polkM��MII Inckid���t�ndud mataap�etws�In(�va of L�nd�r.L�nd�r wlll M rnm�d as bs�payw or�t tl»Iruur�d on�ny such
<br /> In�w�nc�pollcy.Any In�unnc�proc���m�y b��ppll�d,wMhin L�nd�r'�dl:crstion,to elther ths rsstoratbn or repaN of tfw dam�p�d ptoperty
<br /> or to ttw cocurad dabt.If laitidw raquko�mortpspa Insuranca,Borrawar uprcos to malntnin euch Insurnnce}or as lonp es Lender reqWroE. �-
<br /> 4.hopwey.Borrow�r wIA kNp tM prop�rty In pood condition��d m�k�all npNri n��on�biy n�c�:s�ry.
<br /> B Exp�N.Burow�r�prwi to pay atl I.�nd�r'�•x��s�s Inaludinp n�aonabl�attornayi't��a,if Borrow�r bmks my cownanLs In tM�dNd
<br /> o�qutt a bn�ny oWlpatlon acur�d by thl�dNd of trust. �orrowK wiN p�y th����mount�to Lmder u providb In Cown�nt 9 of this dNd of
<br /> trutt.
<br /> !.Ma=�a�tiv Mb►Mtr.UnNas Bo►roww fk�t obtalr►�Land�r's writt�n cons�nt,Borrower wlil not mak�or pKmk�ny ch�nya to�ny prlor
<br /> s�cwihr int�n���. Borcow�► wUl p�rtam all of Bonow�r's obflp�tians und�r any prlor morty�pe, d��d of uwt or other s�cur(ty apn�m�nt,
<br /> inc!ucilnp Bo��ow�r'�cownant�to m�k�paym�rrc�wh�n du�.
<br /> 7.A of R�nta�nd hofiti.Borrow�r sulym to Lendsr th�ranu�nd protlt�of tM prop�rry.Unlen Borrower�nd Lendsr h�w prNd
<br /> otMr �in wrRinp, Bonovwr m�y coll�ot�nd nt�in the rmU n bnp a�Barowe ts not fn d�fauft. If Borrow�r Miaufts, Ur�►, Und�r's
<br /> �p�nt,a�caxt appofnt�d nc�iwr may t�k�poae�sion �nd mmap�th�propnty�nd collact th�nnt�.Any rent�L�r�r colNcts �hall b�
<br /> �ppll�d first to tM eosu ot m�napinp tM prop�rty, includInp aourt coat�and attorr�yi fe�s, commissbns to r�ntal �p�n t�, snd any othw
<br /> nsas��ty nl�t�d�xp�nu�.TM nmaininp�mount of rants wfll tl►�n apply to p�ym�ntt on the sacund d�bt�s providsd in Cownsnt 1.
<br /> �.L�Mioid�s Caedomir�Mxnt;Flw»d Unk Dw�lopeMnq.Ba►ower aflrees to comply wiM tM provisions of any isas�i}this d�sd of uu�t ta on
<br /> a N���hold.If th(t dNd ot trust b on�unit in�condcmi�xn or� plmrnd unit d�wlopm�nt,Borrow�r will peform all of Borrow�r'�dutks
<br /> under the covenrnt�,nlHlaws,or r�gul�tions of th�candomidum ar plannsd unit d�wbpment. —
<br /> !.AuMadlr ef l�to��n ta s«row�r.It eonowK t�tl�to�Wrtorm�ny of Batnwa'�duti�s un�thls dNd nt uust,L�ndK m�y —
<br /> c�ttuctbn o�n�tl i�pro�It d ie n�tir�a r�wt oirrMd on kwi a iiison�ibli«m��,Lind�rymay do v�vhative�r I�i n�ec�iti�Lo��ti�•�r d�f�s
<br /> s�cwity IM�n�t In th��xop�rty.Thb may includ�eompl�tinp th�coruuuation.
<br /> L�nd�r't failun to pafam wiM not pncNid�lond�r trom�xucisl�p any of IU ottMr riphn undx th�I�w o►thls dwd of t►ust.
<br /> AnY�iU p�1d by L�ndM w prot�at Und�r'�s�curiry intK��t will M��cw�d by thls dNd of Vu�t. Such�mou�U wNl M dw on d�mand
<br /> and will b��r Mt�na hom th�d�t�of tM p�ym�nt untfl paid In fuN�t tM Irrc�nst rat�tn�if�at on ths sacund d+bt.
<br /> 10. DNwk�nd Aeo�atlo�.If Borrow�r falis to m�k� my paym�nt wMn du� a bn�ks any eownanu under thl� dNd of ttust a �ny
<br /> oblipstion a�cur�d by tt�dNd of uust a�ny ptbr mortyp� or de�d of trust, Urxisr may acc�Nnt�th� �runxity of the s�cund d�bt and
<br /> d�m�d Irt�nMdi�t�psyrt►mt�nd m�y Mvok�tM pow�►of saN�nd any othu nm�dl�s permitt�d by appltcabb taw.
<br /> 11.R�t fa Notic�of DN�ulf.It i�Mteby rp�at�d th�t copias of tM notic�s ot d�f�ult�nd�aN b���nt to e�ch psrson who ts�party
<br /> hweto,�t tM�ddna of��ch�uch p�rson,as��t forih hsreln.
<br /> 12.Iow�►M f�N,lf tfi�L�td�r tnvok�s tM pow�r of qN,ths TnutN sh�ll fir�t�kord M th�oNiu oi th� �pist�r oi dNds of�aeh oounty
<br /> whKNn tM trust prop�rty or wrrn pKt a PW���f is tku�t�d a nodc�of d�f�ult co�tNninp tM Inform�tian��quk�d bV bw.Thn Tru�
<br /> sh�M�Ma maN copin oi tM noUa o� d�fwR to tM Borcovwr, to��ch p�►wn who ts�p�►ty h�r�to, and ta othN pKaons upr�saM�d by
<br /> �ppticabN Uw. Hot Nss than on�month �itsr t1w Tnute�naords tM noUc�ot d�fauFt or two morhhi If the truK p►op�rty H not In any
<br /> Moorpoat�d cky or vlMap�andy yia und in farminpop��etbns urci�d on by tM ttusto►,tM frwtN�h�ll piw pubYc notic�of saN to th�pK�
<br /> b�Wd�r.lf nqt�by tM F m Ho�st���otiotbn�ANaT. T�itw ihiN�oHi�tM pr��k�intwo�s��it�piiYlaiiipuk�d by appNaabN�l w�
<br /> L�om���m���_ ��o�.��sp Nty by public arxwunc�m�nt a tM ttm�and ptacs of my pnviously sd�iNd saM.
<br /> Trw i�'s �f ihall b��Ima�f�N�ivWl�nci oi hih�uthof�thti s K�i cont�nid thiitNnaTu st�s shali i�ly�a�of�s�iM�t i
<br /> tolbwkq ad�►: U) to aN �xp�na� of th� saN, includ(ny.but not IImlt�d ta. re�wnabi� Truite�'s fs�s. nuon�bN attarny'� i+N and
<br /> rNnst�t�nt iN�;lb)to NI wms a�cw�d by thi�dNd of trwt, and(c)tha bal�nc�,tf�ny,to ths p�rson�kpally�ntitNd to naiw k.
<br /> 1�.Fa��.At Lend�r'�option,this d�sd of Vust msy b�tonclosed tn tM manner provid�by�pplicibis I�w fa foncbsur�of mattp�s
<br /> on nM ptop�ty.
<br /> 14.�o�o�on L�nd�r rtNy�M�r tM propKty to insp�at it K L�nd�►ylws Borrow�r nottu Mfashand. Th� notic�must stat�tM roawn�OM
<br /> cauM ra L�ndir's Insp�otton.
<br /> 16.Ca�d�Uon.Borrow�r�us nt to Und�r th�p►oc��dt of any�ward or c1�im fa dama��s conMCted witfi�CornMmnatbn or otM►talcMp
<br /> of NI a�ny p�rt of th�prop�rty.�uch proceed�wiH b��ppWd a�provid�d in CowmM 1.This atlpnm�rn is wbject to the t�rms of sny pria
<br /> �aurftY pr�nMt.
<br /> 1b.Walw�.By ex�rcisinp any nm�dy avail�bN to Lendn, Lmder doea not piw up�any ripht�to latsr us��r►y othsr nm�dy.By not exKdsinp
<br /> any r�dy upon Borrow�r's dNwk,L�ncNr da��ot watw�ny ripht to later consid�tfn�wnt�def�ult If it h�ppern p�fn.
<br /> 17..Aok�t�nd 6wKM , Co-�ipn�rs: Suca�aon a�d Assipn� Yow�d. All duti�s und�r thtt dNd of tru�t an jolnt and �tvKal. Any
<br /> � Barrovwr who co•ttpns thi� dNd of trun but daa not co•iiyn the u�r1y(n� d�bt inmument(�) do�s so only to pant �nd conwy th�t
<br /> � Bortower's MtKest in tM p►operty to tM Trust�e under the Urms of thi�deed oi uua.In additbn,such a Bnrra�wr�pns�that tM L�ndK�nd
<br /> f •�r otMr Borrow�r und�r thU dNd of trust m�y�xt�nd, modifv w m�k��ny othK chanyes M tM t�rm�ot thb dMd of trust a tM aar�d
<br /> d�bt wkhout tMt Borrow�r's corwnt and without rotndnp tMR Eorrovwr from d»t�rm�of thu dNd of trwt.
<br /> TM dutiN sn6 E�rwfks ot this d��d of bust sh�ll bind and b�n�fit tlw succ�s�ors�nd�ssipn�of L�r�r�nd Borrow�r.
<br /> 1i.Nollc�.Unbs�otMrwis�rsquked by law,a�y notic�to Borrowu sh�lt bs qtven by deliwrinp It a by mNNn�k by c�rtifhd mafl�dEnu�d to
<br /> Bortow�t at tM pr addras a�ny�otM►�ddna thst Bor�ow�r h�:pIwn to Lend�r.Borcowa will yiw �ny notkll to L�rMer by cKtitAd
<br /> ' m�fl to L�nd�r'� �s�on p� 1 oi tht�dNd of Vu�t,w to my oth�r Wdna whtch Lender has d�sipnat�d.Any oth�r noUc�to I.�ndu sh�M
<br /> b��o,�►t to L�ndN'��ddn�a a��t�t�d on pap�1 of thl�desd of tru�t.
<br /> Any notia sh�ll b�dNmM to h�w bs�n piwn to Borrowsr a Lender when yiven In the m�nn�r stated abaw.
<br /> ' 1Y.TrMNf�e of tlN PtopKty a�Mn�AeiN k�tK�tt{n th�Qortow�t.If dt or�ny patt of tM prop�rty or�ny intK�st in it Is sold a tan�i�►nd
<br /> I wittwut L�nd�r's prior wrkt�n cwru�nt, I.�ndK may d�maed imrrwdiat� p�ym�nt of tM s�curW dibt. L�nMr m�y dso d�mand Imm�dl�b
<br /> p�ymN�t if tM Borrow�r is not a natunl p�rson�nd a bsMficlal Intenst in the Borrqwsr (�sold a Vanafertxl. Howevsr, Ler�r m�y not
<br /> � d�mand psym�nt in ttN abov��ttu�tbns ft it Is prohfbkW by fMerai law n of ths dats of thls d�sd of trust.
<br /> 20.R�conwyanc�.When the obifp�tfon sacured by this deed of bust has been psid and Lender ha�no turtMr obllp�tbn to mak��dv�nces
<br /> und�r tM inatrum�nts or apn�menta secured by thfs deed of trust,tM Trustee eh�lf,upon wrlttM►!qUl9t by tAe LQndet,reconvey tM tru�t
<br /> obl�tbn so titii�kd�8orrowir�shilltpay eny ricordit on8 or�`er's cucces�or In Interest,cM trust da�d and tM iwt�or other�vid�nc�of th�
<br /> 21.S•M��•--Tn�ser_ Larvlir. at Lrnd�r'a ontton. �ruv mm�w 7reutu ae�d anen�nt a ei��.n�e�.v r....�.� �r...� ....eu.... �..........s e.�
<br /> substituHon of vust��ai roquked by appUcaDle law,ind thon,by tiling tM subatitu�ton of trusteo for record In thi oittce of tM repi�ta of ONd�
<br /> of each county in which the trust property,or some pt►t thereoT,le aftueted.The succeaaor trustae,wlthout conveyance ot ths prep�rty,sMN °
<br /> succesd to��I tM power,dutiea,authority end titts oT the Trurtee nemed in the deed of trust end of any succsssor truat�e. _
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