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-_�.�,�,.�,,,,..�,,,.,.-, <br /> � �.;:�•=:: . <br /> . -.. .,�.T, <br /> , ���-;: - <br /> � ,.'�'�, sF.�`;5,''k��fi��`,��,er.-�r�`----� <br /> -L�:�i%'_�'��'�1'�r`ski�"`K�'_"�?�1ii���" � " - — ..�.��� -- <br />_�:pfl1'R'—. — <br />....,.� ...,...—...,._.-..---- _., <br /> - <br /> -- -- _ <br /> 97- /49.z� � <br /> - COVENANT6 <br /> paymRinti Lindar ricilvAS9lrom�Borrowi►or for Borrowir i bsnefit wHl beippil,d�fait�toi^nyimount'�Borrowir ow��un thiliicurid dibi <br /> sxclwlw n}intuert ar pNncqN,i�cond to Intunt,�nd th�n to princlp�l,If porti�l prsp�ymant of the sscutsd d�bt or,cur� for�ny rsa�on,It wlll _ <br /> not ndua or�xcu���ny �Ch�tfuMd p�YMM�untU thill��cured debt 1�peld in full. <br /> 2.G�kru A�utT�M.B#rroww�wYl p�Y�,��c���!+o ��mmt�.�nd oths►ch�rp���ttribut�bl�to th�prup�rty wh��due md wlll d�t�nd tftl� <br /> to tlu prop�rty� �t��t�n+y twN whkb�uWtl�mpYN t Il�n ot thl�A��d of trust.Ls�d�r m�y requln Borrown to�s�lpn my �Ipht�,cl�lm�or <br /> d�fenan whlah�r1p���n�h�N•t4MA�M1�nbrWlb upply I�iwr or m�t�rld�to Improva or m�lnt�in ths prop�rty. <br /> 3,In�ur�ne�. Barrown wlll k��p tM proWrty Inwr�d unci�r nrm� ncc�pt�bl�to Lsrtd�r �t Banow�r'��xpmse�nd for Und�r'� 6�nsfit.All <br /> imunna policl���hdl Includ� a rtandrd moy►tpW�pcl�u�e In f�vor of L�nd�r.L�ndu will b�nsm�d n lo��p�y��or.��the Inuu�d on�ny Iuch <br /> or�to itw ccc�u%d dobt�It Lcndcr ro4ulree�m�td pe inelu�ence��hBorrows�rig�lei to�milnt,intauch fnturencetfor ef lanp ai LeMe(�equUe���r�y <br /> 4.�rop�rty.Borrow�r wlll kNp tM prop�rty In yood eondlilon nnd m�ks eli np�irs nasonebly necatury. <br /> 6.Exp�n�os.Borrawer�prNt to p�V�����►������xpenu�,Includin0 ra�omble atto►��ya'f�s�, if Borrower br��k��ny eov�nanta in thts d��d <br /> of trust or in any obily�tion ucund by thl�dad ot trutt.Borrow�r will p�y tMss�mount�to L�nd�r ss ptovld�d In Cov�nNt 9 of this de�d of <br /> tru�t. <br /> e.Pria 8�eurt�y Int�n�ts.Unlei�Borrowsr fint obtains Lender'�written con�snt,Borrower will not maks or parmit eny eh�nyes to�ny pHat <br /> securlty IntNyst�. Barrowa wiq pettam dl ot Borrower'� obtlp�tions und�r�ny prlor monp�ps,dsed ot trust or othar ucur{ty �gnsm��t. <br /> includiny Borrow��'s coverunts to rnak�paym�Rt�when dus. <br /> �,A�a}pMq�P�o1ks.Borrower asipns to L�ndsr the rentt and profits of the property. Unles�Bo�rowsr�nd Lsnd�r haw�prsed <br /> othsrw:e In writinp, Borrower may colieot and retain the rsnt�as lonp es Borrowe� Is not in defautt. If Borrower d�(aulu, Lendsr, Lender's <br /> apent,or e court appoint�d rectivar m�y tak�po�sesaion and manage the properry and collect the renta.Any rent�Lender coltacts�hall ba <br /> neceiacary ielated expentsaiThe smalning amount of rente wRl then opply to peyments�on the eecured debt ai provfded In Covenent tsny other <br /> �.����,�,��ns; M�wd Unit p�wiopen�nb.Borrowsr appIr�es to comply with tha provisiom of any bas�If thl�d��d of trust 1�on <br /> undsi th�scovenanti bY tiwi ua repui�tioni of theo n�domi In um or planMd unit de etop psn nt, Borrow�r will p�Aorm all of Borrowsr's duties <br /> 9.Autl�odty of LMdw to hefam tor 1loanw�►• M BorrowK faits top�rf�rm any of Borrowsr's duti�a und�r thi� dnd ot au�t, Ur►der m�y <br /> perform tM duties or oaun tMm to b� pufam�d. Lend�r may alpn eorrow�r'a mm�a p�V any�mount if nac�ssary for p�rform�nc�.If any <br /> securlty Internst In ths piop�e►tytlThts may Inc�uds completinp the coi�stonab�manner, U�dsr may do wn�tsv�r is nscetsary to prot�ot L�ndN's <br /> Lender's fdlure to pertorm witl not pnclude L�ndsr irom sxsrclalnp sny of its other rlpht�undsr the I�w or thl�dead of trust. <br /> and wfll bear Intereit frornthstd�ie�of ths payment untll pald In full at�tM interistdite In�sflea�t on ths secursd dibt unt�wIN be�due on dam�nd <br /> 1p, p�fwlt�nd Aeed�r�das.It Borrowar tilla to make any peyment wMn due or breaks any cavanant�unde� thls deed of trust a uiy <br /> dimind Immidliti piym�nt i�d may Invok�tM p�wsr of si�e a�d iny othir remsdl�s permatt�d byippllcibl�liw rity of tM secured d�bt and <br /> Mreto�at t�lt�iddrsii of e�htiuoh�pirion��ciyset fonh hsreln,coplss of the notices ot dst�ult and sal�be a�nt to each puson who ts e party <br /> 12.Pow�r of aM�.If tha Und�r invok�s th�power oi nia,she Trusi�e.i,•ii Oirei racar3 fn ilt�a!!f�a!!f�rsplsL!�r af d!e��o+�Ae►+county , <br /> wi»nfn tM uust p►op�rt/or aome p�►t or puc�l th�nof Is sltuat�d a notics of detault cont�tnln th�inform�tion requlred by I�w.Tt►�'fruatN <br /> sh�ll�Iso mail coph�of dN notic�of d�f�ult to ths Borrow�r,to sach p�non who I�a p�rty��to,�nd to oth�r p��sons n W��crib�d by <br /> eppllcabla I�w. Not Nss fh�n ons month after ths Trusts� ncorda the notice of def�ult or two months If tM tro�t popsrtY is not In �ny <br /> I�corpor�ted cky a viNap��nd h us�d in fuminp opsrattons carrisd on by tM truttor,ths frusta��h�tl yive publla noUce of sab to tM persons <br /> �nd In th�m�rn►sr pnscrlad EY�epppllc�bls qw.Tru�tas,wlthout dem�nd on Borrow�r.�h�ll sefl the prop�rty at pubNc wction to ths hlpMst <br /> bldd�r.If nquked by the Fxm Nomutead Protnctlon Act.Truetes shall oNsr tM p►operty In two ispante�sles es requlr�d by�ppllcrbl�law. <br /> Trustss may postpone s�N of YI or�ny p�rcel of the property by publlc announcement st tM tim�and plac�of�ny prsvlously scMdul�d ad�. <br /> L��der or its destynu m�y purehass ths property at any s�ls. <br /> Upon recelpt of pavment of th�price bld.Truitee shdl deliver to the purchater Tru4tee'�deed convsylnp ths prop�rty.Tna nc(tfds contalMd M <br /> Trusts�'a tleed shall be prMns fuie evWlence of ths uuth of ti»atatements contalnad tfwretn.T�utts��h�ll apply the procNds of tM�aN In th� <br /> ralnat L�M fi ia�lbl to��uwiiis ucurid by this�d��d of�Vustind Ic)tM bdanc��f iny t�o he psrsons Isqally•t tlid�o recdve(i,feu �nd <br /> 13.Fa�ctwur�.At U�du's optlon,this deed of truat may be toreclo�ed In the manner pravlde by applicable law fa fonclosur�of mortpap�s <br /> on real propetry. <br /> 14,Intp�otton.Lander m�y enter tM property to Inspeat it If Lender plves Borrower notice bstonhand.TM notice must�tat�th�n�aombb <br /> causa fw Lendsr's ImpecUon. <br /> 16.Cor�n�tlon.Bu►�arn►�niy�rn to Lend�r thsproc�ed�of any aw�rd or clelm for dam�pea connectad witM e corAemn�tion or other t�kfnp <br /> of all ur�ny p�rt of the poperly. such proceeds wfll bs applled as provlded 1�Covsrnnt 1.This safpnment Is subject to 1M txms of�ny prlor <br /> sscurlty aqre�msnt. <br /> eny iemedy u�nxB��orrowir'��difeul�t,d Lende�r d�oei�not wdve iny�Ipht to lat�coniPder ihe svent i defiuk If It ha tppent e9+„y� By not exsrcislnp <br /> 17, Jok�t�nd S�wtM �,y��y;Ca�tprNrs;Sucaataa �nd Asdpm Sound. All dutles under thls dNd of tru�t r� �olnt �nd sevanl. Any <br /> Borrow�r who co•ilpns dds d�sd of trust but does not co•dpn ths undsrlY1np debt in�trum�ntls) doe� so only to pnni �nd conwy that <br /> Borrow�r's Interast In thr proarty to ths Trustee undsr the term{�re of thls de��l of tru:t.In�ddition,such a Borrowsr�prNt th�t the Lender�nd <br /> de�t wltlrout ths�Borro vir'sica►sent end wlthouyt�et aE np thit Boriowei from tl»terms of this tdNd o�+i thl�de�d of trust or ths secursd <br /> Th�dutie�and benefits ol thlt d�ed of trust�hall bind and bs�»tlt th�succeaaors and�tsipns of Undu��d Boaower. <br /> - 1 B.Natic�.UnNss otherwlte rpulred by Isw,any nottcs to Borrower eha�l be plven by dsllvsring It or by malllnp lt by certlfbd mell addrea�ad to <br /> - 6orrow�r at the prop�rty W dn�s or eny other addreu that Borrower hss pIven to Lender.Borrower wlll plvs any notlne to lender by certifkd <br /> msll to le�der's addreas a► p�ps 1 0}thlt deed of tru�t,or to any other addrss�which Lender hn dsslpn�t�d.Any oth�r notice to LsrWx shall <br /> bo ssnt to Lender's�ddru� a��tated on peye 1 ot thb doed of truat. <br /> Any notles sh�ll b�deem�d ta have been ptven to Borrower or Lsndsr whsn plven In the manner�tsted sbove. <br /> 19.TrM►sfK of tM Propwty a a 6�11cIN Int�nst in tM BonowM.If all or any pan of the proDenv or eny Interett In It Is sold or transtsrced <br /> wlthout lender's prlor wrltten contsnt, Lender may demand Immedlate peyment of the secured debt. Lende� mey also damend Immedfete <br /> � payment If tM Borrower Is mt a natural person and a benoflclel Intere�t In the 8orrower ia eold or trensferred.Howwer,Lender msy not <br /> demand psyment in the+bove altuetbns If It Is prohtblted by tederal law ea of the dete of thls deed of trust. <br /> - 20.R�conv�yana�.When the oblipetion secured by thls deed ot trust has besn pald and Lender hea no further obllgatbn to make advances <br /> = under the Incttuments ar egreementt secured by thls deed ot trust,the Trustee ehal�,upon wrkten request by the Lender, reconvey the trust <br /> _= property.The Lender sh�q deYver to the Borrower,or to Borrower'e auccessor In interost,the trutt deed and the�oro or other evldonce of the <br /> ., obllgatlon so satlafled. Barower shell psy any record�tfon coste. <br /> - 21. Suaa�aa TruitN.lender�at Lender'� o tlon, ms remove Trustee and eppotnt e successor trustee by fint, meilinp a copy of the <br /> - ��������P... �...���... �...�w.�,.N...,.�,.r��,:����t r..�e:..tn.racnrd In th�oNlce of the roaleter of daeds <br />._._ euosiiiuiio�vi irosiw d:��yi;o.�..i�rr•w�•�--•-p�^--._..,_ ___ . <br />=� succeed o e°he D hwerldutl�aseuthorry aodr tltle of t e Troat e named n ths deed of truat end of any�succssaor truitee.of the prop�rty.sh�n <br />'S <br />.__� <br />: i <br /> . IP�p�?ol?l <br />. . DANKERS SY8TEM3.�NC..ST.CIOIJD.►1N 6E�01 11•500�197•23N1 FORM OCP•MT6•NE E�18/B1 �, �_� <br /> :..�_�..��..�._ .. <br /> �..,,�.•-.,....,.. -- -- ---- -- <br /> . . _. _.. . .. ..,..� ---- --�.�-.�_�..-. �,a .:.�.�✓:'v_�•nt� " -�r�`r'"-R;�—. <br />