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<br /> ::r^�..�`�'?a .. COVENANTB ! 7wi IV 1J ��
<br /> 1. P�ym�ntr. Borrower eproet to make all psymenta on the secured debt when d�."Unletr 8orrower end Lender aqree otherwise eny -
<br /> ;.. i� peymentt Lender receives from Borrower or ior Borrower'a beneilt wlll be ap�Iled fint to any amounte Borrower owee on the seeured debt =
<br /> ° excluslve ot Intere�t or prinoipal,second to intereet,and then to princip�l.If partlai prepayment of the aecured debt occura tor any reason, it wlli
<br /> not reduce or exa�se any scheduled psyment until the secured debt Is pdd fn}ull. =
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<br /> " �� 2.GNm�Ap�l�t Tfq��Bprrawer wlll pay�il teice�,assetcments,md other charpes�ttributable to the Property when due and wili defend title o
<br /> � to ths property ip dntt any ct�ima whlch would impeir tM ilen of thls deed of truit.Lender may require Borrowor to assipn any rlghte,ciofms ar -
<br /> . defenae�whioh 9orrower m�y have ap�intt p�rt}ss who supply labor or matedala to improve or malntaln the property. _
<br /> �� �� 9. In�unnc�. Borrower wlll ksep ths propsrty inwred under term�accept�ble to Lender at Borrower'a expense and for Lender's benetit.AII v-
<br /> �, m, ; . � in�unnce pallaisi shdl include a standard mortpape cl�un In}�vor of Lender.Lend�r wlll be namsd sR loas payee or as tho Iniured on sny such --
<br /> insurance poliay.Any insunnce proca�ds m�y be•ppli�d,withln Lender's di�cretion,to eith�r th�nstontion ar repair of the d�maped property
<br /> or to the�scured debt.If Lender requlret mortp�pe insur�nae,Borrower ap►ee�to maintein wch Inturance for ea Iong as Lender requiree.
<br /> ,���. 4.Prop�rty.Borrow�r wlll kesp the prop�rty In paod conditlon md make�II repaln rsa�onably neceuary. �
<br /> `��� 6.Exp�ns��.Borrow�r a9nas to pay�II L�nd�r's�xpene�s Includlnp n�ROn�ble�ttorneys'fesi,If Borrower bre�ks�ny cownants in thls dud
<br />..;�.��� �`t st or in any obllpatlan secund by this d��d of trust.�orrow�r witl pay thn�emounta to Under u provided In Covsnant 8 of thb d�ed o}
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<br /> � •� 0.Rl�x d Intw��U.Unbu Borrown firat obtalm Lender's writtm eons�nt, Borrow�r will not m�k�or permk�ny oh�ny�s to�ny ptlor
<br /> ' wourity IntK�a�. Borrow�r wlll p�rfarm rll o} Borrow�r'� oblipetlom undu eny prlor mortq�ye, de�d o}tru�t or other �ecurlty apnem�nt,
<br /> Includinp 8orrowN'�covon�nt�to m�k�p�ym�nt�wh�n du�.
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<br /> 7.A��o}�t�nt��nd IkoM�.Borrowa�sdpn�to L�nd�r th�nnn�nA profito of the prop�►ty.Unl�n Borrowu�nd iand�r h�w a ntd
<br /> :;��� `� oth�rw�� in writlnp, Borrow�► m�y coll�ot�nd ntNn th� nnt� u la►p�i Borrow�t I� not In d�f�ult.If Bor►owa d�}�ult�, L�nd�r, L�rid�r'�
<br /> ,�.'�';. �p�nt, a a court�ppolnt�d nc�lvn m�y tak� palqsNon �M m�n�p�th�prop�rty�nd eollsot th� nnt�.Any r�ntt L�nd�r collsot��hdl be
<br /> �;ti • • �ppll�d Nnt ta th� co�t� ol mampiny th� prop�rty, Includinp aaurt co�N md �ttarney�' fpo, oommloslon� to rental ■ mtti, and sny other
<br /> _ .;r'� rnco�s�►y nlat�d�xp�nn�.Th�nm�Tnlnp emount of nnt�wlli th�n�pply to p�ymtnt�on iha pcund debt n providsd In�oven�nt i.
<br /> -'���� " t.L�N�NItf Nn��Pl�d Unk 0� 9orrawx�pr��•to comply with th�provl�lon�of my ins�I}thU dud of trwt b on
<br />-�';�,r�y� a I�u�hold.If Mls d�ot tni�t 1�on�unit In a�inlum a� punn�d unit d�wlo
<br /> '�`• U11dN tIN ROWflMt�,byI�w�,or npul�tlon�ot tM condominlum or planned unit d�v�topmint�t��row�r will pvform�II ot Borrown'�dutN�
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<br /> °�..-�����' 9. Autiwdty ot LKKMr to P�fam tar Ynnow�r.if Borrowsr blt�to arm any ot Borrowar'o dutio�u�id�r thb dnd ot trwt, Lond�r m�y -
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<br /> �.=•.���� comtruotlon on tt i�o�pi ty I,dlicontlmid or not airilid un In i iisoibl�minn�ir,Li�:►m y ao wn:i:v:ii nsaeiiiryioHpromtiat Liridir i
<br /> __,��=�°��T ucurity Intent In t�i prop�ny.Thls may include compbting the con�truotfon.
<br /> ,";�L�6�i,s r.� Und�r'�tallun to p�rtorm wlll not pnclud�L�nder from�xeraldnp�ny o}it�othv riphU under th�I�w or thit deed of trust.
<br /> �r,�� Any smountt p�Id by L�nder to protsat 4snd�r's t�curiry interoat wltl be sacurod by thls deed of trust.Such amaunts wiil be due on demand
<br /> :��,;;y• ' and will bsi►int�rsst from the dats of the paymsnt until p�td In full�t the intersst nts in sHoat on ths secured debt.
<br />- r`�'��' 10. D�huFt Mtd AacNKatloti. It Bottower feits to mske eny payme�t when due or breaks any covensnt� under thls dsed oi trust or any
<br />-,:�T y�;,; obiipatbn acund by thl�d�ed of uust or�ny prior mortQape or deed of truat,Lsnd�r m�y�cceNrate the maturtty of ths�scund d�Dt�nd
<br /> demand imm�diats paymsnt and mey invoks th�powe►of sale end any other rsmedl��psrmittsd by epplicable law.
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<br />--�-1'•'=�,� • 11.R�qwst for Notic�of DNwk.It Is henby►eqwsted thet copbs of the notices of default and tate be�ent ta each p�non wha Ic�psrty
<br /> ==�'}e heroto,at th�addres�of esch auch porwn,�i ret forth herein.
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<br /> •_�'-�:",'-,;�.�� 12.Pow�r of SN�.If the Lender Invokes the power of��le,the Trustee ahell flnt record in the office of the repiater of deeds of each county
<br /> ----�— whersin the aust propaty or som�put or parest tn�reot is s�tuat�d a notice of cersuit cont��mnp tne mtormatlon requlrod by I�w. TM Truatp
<br /> ---��_`-'=�"�'� thdl el�o ma0 copt�s of the notice oi def�ult to the Borrower, to e�ch perton who Is a p�rty horoto,end to other parson�as prncdb�d by
<br /> °�_`-`�:";,� �ppliaabls lew. Not Isss thm ons month after the Trun�s ncord�the noUce of default,or two months It the trutt property is not in any
<br /> ����� incorponted c(ty or viilapa and b us�d In farminy operations curiad on by the tro�tor,ths Trustee ahall pivs publio notics of�N�to the perwns
<br /> end in the manner preacri6ed bY��ppplicsb�e law.Trust�e,without demmd on Barower,shali sell the property at publia auation to the hlphett
<br /> — bidder.If required by the Farm hlomesteed Protsation Act,T►uetes ahall oHu the prop�rty in two sep�nts ieles es required by epplicabl� I�w.
<br /> -�=-�?s'�:��� T►usts�may po�tporn sais of all or any pvcd of the propertyr by public announcement ef the time and place of�ny prsvioutly saheduled sN�.
<br /> _-"��;,;iy� Lender w ks de�lpnes may purcha�e the property at sny itle.
<br /> ���,i Upon reasipt of p�yment of th�prlce bid,Tru�tse�hali deliver to the purchsur Troaee's deed convey(ny the property.Ths reattials contdned in
<br /> - Trust��'s d�ed shali bs prima faai�evidl�ncs ot the truth of the statements containsd tlwrein.Trustee sfull apply th�p►ocssd�of tM nl�in th�
<br /> -•-�°j!�� foUowinp order: la) to ell expemsi o} the eale, Includinp, but not Ilmtted to, reaaonable Trustee's faet, roa�on�ble attomsy'� fees and
<br /> __ .;:;�;�;� relnetatemsnt fees;(b)to sll wme aecursd by this deed of t�ust,and(c)the belance,if eny,to the peraont lepelly entitled to roceive tt.
<br /> --__ 13.Fonelaw�.At Landor's optlon,thts deed of Vu4t mey be foreclosed in the manner provids by spplicabie law for foreclosure of mortyap�n
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