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<br /> b vinue of any federal,etate or munldpal :i;_:::-.
<br /> (a) All appll o�l laws�aherou�ndal and ell zonl p��a nuun oliaw e d npulatlons rsllatl e to h�lsl ProAperty 2yU.3.C. Secllon 12101 et seq• (end eil ._
<br /> r e g u l a t l o n a p► 9 e asen t l a r o e n d s h a l l b e o b t e rv e d e nd w m p���d w�lh In ell matetlal reepcta,end all righis,Ilcenaen,
<br /> nuthodty with Jujladicllon over the Property.Pr Y al axaptlom for noncon�6o�►t dty 81u��°8hg�����obt e n'ed. �
<br /> p�mYte,end cArtlflcaiee oi occupency(InGuding but not Ilrr�led to xoning verlanCes,bP�nc of the PropeAy. P� ,
<br /> gpprovale►.whether temporery or pe►rrensN,whlch are rrats►lel to the ues and occupa Y
<br /> proeeryed and,where neea�eary.ronewed;
<br /> `' (d) Qrantot hes lhe rlght and Is duly aulhorizsd to axocute end peAorm Ito dbllgatlonn under thle Deed of Truet and theta aeilona do not and shal no
<br /> confllct wiih the ptoNalona ol any ntatute,regulation,ordinance,nds ol law.contraci�i oe���P operty:acnd y�a�ne��rentor et any t���to�
<br /> (o)No acllon a proceedin9ls or ehail be pendlnB or lhreatened whieh mlgM materl y �suant to thls Deed of � •�>c.::�.
<br /> thoea��ve ning Haz�ardou Mutorlalsj v+hiche"�9h�Y"'a�erla�y a�act�ihe Property or Lender's�righisror�interestrin�e Pfope�rtY Pu ng.but nm Ilmited �
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<br /> :.' .. TN61. 9%C8 186 68I}ORFI :.�'h�''�y_+._��i.''_..
<br /> ,,.�,;,� S. pRIOR DEED8 OF TRUST. C3rantor represents end wartents ihat there are no pdor deeds ot irust eNeciing any pa►t e�Ihe p�°P onY�a of trust then � • •e��=•:
<br /> on gehe�iule B atlached to thin Deed of TrusL which Ciranta agrees to pay and pertortn In a timely manner. If there aro anY p� r •aY��
<br /> �;:.,��.z,_
<br /> x".'�."''� drantor agrees to pay ail amounts owed�a�d PBMort^ell obligatlona required,under such deeds ot lrust end ihe Indebtedness secured thereby and furt er '` -
<br /> ap►eea lhat a default undor eny prla�eed of truat shall be a defauR under thie Deed of Trust and shall entitle Lender lo al rights and remedies contalned � _31_L,�_
<br /> hereln or(n the Obligationa to which Lender would be entitled In the event of any othor default• ��._--_
<br /> 4. TRANSFERS OF THE PROPERTY OR BENEFICIAL INTERES78 IN aR�����e���Eo f�y int e teherein,or�of all oreeny benefldal L;:.�_ _
<br /> rt af the real property � � n nnershi trust,o► _�
<br /> comract for deed cr trenafer to any person of dI or eny pa
<br /> Irrtarest in Borrower or�rarrtor(ff Borrower or�rantor Is not a naturalperaon or pareons but is a oor tlon,Amlted Ilebill compa Y�Pa P'
<br /> � olher bgal entNy)�Lender maY.At It6 0(71I0t1��as the tcase may be.shal�mis�h a eomplete�laiame i sening forth all d its stocidio��atmembers,or —
<br /> • �Y�p�e. /u Lender's request,Qrantor or Bort --
<br /> pertners,ae aqxoP►tate,and the exletrt of thaU respaetive ownershlp intereats.
<br /> Indudinp
<br /> . 6. ASSKiNN1ENT OF RENTS. In conslderet�lon c�f�ed�nox�towned a�h safte�r�acqulr�ed h�bal�°��tinp end futurtMrt�w�sswheihhcr wrftlsnya orai rere �r�
<br /> � aramor's e�tat�.ripht,thk,i�dre�t.delm of th�Prop�rty(dl��s���"d epr
<br /> oxten�lona,ranow+sls end eubl�awt�,ail wmemt fa u�en0 oxupency 1Mr with ih�Nm�d�end e�tlnulnp rlght to �'.---
<br /> hw�aft�r nf�►�d to s�th�'ueN�1.���I�u8�e�1Ns of NssNS'P�fltt a�nd oth rdlnt icorrn of�ny6�����a�r���m�nntsneddltlon� al r m�' �-
<br /> , �N�Ct and ncylw�I of th�nnt�.Inoortr,r�alpt�,r�wnw�,Isw�s.pr s Idlowin9
<br /> . �ny nuure corrlrp d w d u r inp�r►y r K M m p l i a n P N I o d)u n d�r i h�U awt a hom a Wisinp ou1 of ih�PropMy Indudl�` I i q u l d�t�d —
<br /> p�r p nt�p�nnu. W►klnQ a oo►nn°�en�melnunene�oonirlbnions�tax uid Inwrana eont r i b u t l o n s.d�N e i�n ey �itruotion a
<br /> dNadl In�ny U aw,�I I p r a c�P�Y+�u n d�r m Y P a k Y o 1 I n wnnu cowdnp lou ol nnt�rrwnlnp Irom unt�nnu�bilNy caue�d��d dom ih� �_
<br /> d�rrrp�ta th�Pr� vl prooMde P�yabN a��nwN d�Ms�'��nKdN o f�n o p l l o n t o p u r c h�w t h�?i�dYm1 ot�l u i�klnd whkh Gnnta� _
<br /> �� t�rtrinatlon or nJ�clwn ct�ny L�aN In a b�nWupicy a other Insoh��ncy procwd�nq�u�d W�°0�Irom�ny ri�
<br /> tt ol th�ProoMy lW ot th� w�n hKeahK colMiclw�h nT�rc�d to e�th�'R�nt�'1. ThI� �; --
<br /> . �q�kut�ny N��w�d�r th�L.�aw�a�ny occ��tlw L�nd�r ia coll�.�t�nd y�n•a«��•. rn�•�•�^�""'�•;�i o�.;d";°TN°'�'.�i: r
<br /> . m�mTs wbj�cl to�tN Apht.Po+N�r snd authority ph► �,�ehat�upon th�r�oordn� _-
<br /> �tat.I�w:ths Il�n uMt�d by inl•nslpnmmt Is Imond�d to b��p�dHa,P�r1
<br /> p�ovld�d bY�PP���tst�I�w u srtrnd�d trom tlm�to tlm�. A�lorp��ih�n I�ra d�isull und�r th�061{p�tlon��x M� Nd ol Tru�t.Und�r p►�nt� .-
<br /> �. Cinnta�rwa�bN Nanf�to co{I�ct�II p�nt� hom th�U�w�wMn bw end to uw wch p�oc��d4 In Orentor't buslr�nop�retlom. Howwat.�th�
<br /> rtry�t any tirrr r�q u ln O►b n t a t o d�p o t l t a l l R a n t�I n t o an�aount m�InWn�d by Qr+�ntor a L�nd�r et e�y n d h i v i�t h m n�Naa land opi a��
<br /> of.a In tlw p�rlomwia cf�eny ol th�Obllyatlon�.L�r my at Its�L�s�n�m�ny��osc��id io�ol P�end r�ulv�all RMU L�in�rmy�aPP�Y ell R�n��
<br /> prop�Ay on t�mn aid for e p�rlod ot tkna that Luid�r dNrn prope
<br /> - - stwi haw fi,ii podi:r to s~�,:alt..";atlans.r��n^vei�!�+s:rspskt or nplecamentt to ths Pr�rty ai Lendrr mny ds�rn PR�in and�eplaoemint�end eny
<br /> a L�nd�r,s ai�di�ct�tim to peyrrbnt of th�Obllpatlons or to ths payrtient ot tns cost of'wch uiter.:�i;,r�:,ranasaUon-•►-. Lender may k�p t►M
<br /> rialically and ths mana�rront and ralion of 1M Propsrty
<br /> sxpmsa Incid�nt to taking and reteininp possession of th�PrcpMy pe y —
<br /> 'a Prop�rty propelY inwred and maY discharga eny tax�a.char9e�ums ihell�be�ddadeto ths�princinpe�af t�Obligatiom.Thaae�ertbunt�topeth�r wfth
<br /> e�,ybns rroy bepeId hom the Rente realved,and eny unpeld
<br /> • oth�r coiu,ahall Mccrne Pert o11he Obligatlons secured bythis Deed of Trust.
<br /> �; ' � 6. I.EA9E3 AND O1HER A6REHWIENTB.f3rantor ahall rat teke or fall to teke an n���the Pr�y�in�����0��°n�s nprior wri�tten
<br />- •• �Y PaY�t in connsctlon wfth eny Lea�or oth�r egreement('Aflreemen�t�or�e month in�;(b)mo��r e�Y A9���t:�°���°r allow a
<br /> • conssrrt,�hall not:(a)collea any monNa payable under any A9ro�^�ore ri t�,tNle and IMxsat In end to eny Agn�nxrrt a th°ertwumt pnyab� —
<br /> ro�rrw
<br /> , . ty�,securiy IMsrost or other enwrrbrance to be plaeed upon Ci m ot en aum or other rreterial breaeh bytie othsr peAy thereto. It aranta
<br />- • •• � thxeunde►;or(d�tsrtrinats or canc�t eny ApraertwM exoept for the non yme Y to taminato or canoel enY Aflr�►►����
<br /> rentor under en Agrser►�nt or P�rporlk►9
<br /> racaMes at eny t ms eny writtsn ca►rr��Qi���n^�9�(�d�y�ya��t comnunicalions relatinp thsrsto)to Lender. All auch Agraernents end
<br /> .�, :,.. • .• Orantor�haN prorry�tly torward a copy to Lender ae additlonel aeaulty tu the Obligetbna.
<br />=_s z:R W.�a� , tha errwixrts du�to C3rentor therauncbr are hereby aealgned
<br />`: `�"r'��� 7. COLLEC710t�1 OF INDEBTEDNES$FROIA 7HIR0 PARTY. Lender shall be entkbd to notify or requU��sa a obligaifonrowin�p to�Orento�r whh .
<br />�;�-F,,.,". '. not Nmiud to,ksseea.Iicemsss.govsmm�nt►,I aulhoritiea end Ina:renoeoortpenIea)to cay Lender eny
<br /> z� .:f�«:y�� n�psct to the Properly (amulethrNy'indeb�.dneaa') whether or not a detault cxlete under thta Dsed ot Tn�et. Orarita shel►dlNpantty oollect lh�
<br /> �ndrb�tidnass owinp to CiraMor from these thlyd partbs ur�8 tha ghrinp of auch notiflcaUon. In the svsnt that Grentor poa�+sss�s or recQivss poeseaslon of
<br /> sss�
<br /> -. eny Instnrrw�s w nther romittences wfth respect to the Mid t o�ainwrance9a oondermat proes�ds,arantor ehe0 hold wch�Inetrument end to her�
<br />?r . ' ' oanttkut�the propeyment of eny Indebtsdru�s or ihe paymsn ovlda l.snd�r wflh
<br />-. , .`, • r�mittances In truat ra Lender apert from Ne other props►lY,sndores the Instrurr�ents end othsr rert�ttencee to Lendar.a�d irtm�dlor�oylh�irwise),exlsnd the
<br />:w°
<br /> _ja.� ';;_: PGtE6EiI011 011F1Q MIflNIilBllt�•end�ot�r«mitteanoes.�L��or collato ai,or otherwl e settrle�eny o�f�the In�dabt�idneawhe�her w not an event of d�fauft
<br /> tirrr fa payrrwnt.comProM ortiulon a delaypertah�ng to the acltons desaibed in thla
<br /> - :.:��. � �xists under thls Aprsement. l.ender ehail not be Mable to Oranla fo►any action,error,M�teke, stial
<br /> . � �, �, . a any derrqges resuRing therefrom Notwithstendin9 the foropoing, nothing haroin 1 cau�e Lender to b� deemed e
<br />=`.�",�•�,- mort�pap�e-in•posiassion. in conditlon.
<br /> -.�u . �. USE AND AAAINTHNANCE OF PROPERTY. Orenta ahall teke ell actions and make eny rep�e� �:nw„�du�r�i"P a the Pr�lyyln oo,�mpllence with
<br />_. .�.;„- Cirentor ehaN not oommit or pemit any waste to he commttt�d with respect to the Property. c� � wfthout Lenders prlor written
<br /> appliCabls law and lnsurenoe pd�des• C3renlor shall not meke any aitoratlo�s�addltlona or Impro°em°eheil be subjed�lo�the bene8dal Intorest betonying
<br /> conaem,Without Umlting the toreaoing,all alterationa,addlbns and Improvements made to the Pr�percY
<br /> to Lsnder�shall not be removed wlthout Lenders prlor writlen oonsent,end shall be rrgde at�rantor's sob oxpense.
<br /> . �' portion thenotDfrom anY caus�whataoeve r t'e�ervem of any Loaa�ohDamnge,Ciramor sh�ail.�ths optlontlof Lender,repair the aftecled PropeAy t�1►s =
<br /> prevlous eondkion or pey or cauce to be peld to Lender tho deaease In the fair merlcet value of the aNeeted Prop�rly. �,-
<br /> ` 10. IN8URANCE. The Properry wlll be kept insured tor An fuu Incurebie value(re acoment cast)apalnat all hazerds Ncluding loss or damage caueed --
<br /> flood,earthqueke,tomado end flre,thsfl or other easually to the extent requi�by Lender. Cirantor rrey obtein �n�ce�,�Lender with a 1 eat� �`r`•=--
<br /> � eorr�enles en are exepteble to Lender In ite sole diseretion. The incuraneo pe��des ehall requlre the insuranoe eotrpenY Pf0 �4 :___--
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<br /> � �yee �"aoGt3e thal n a��or orriaelo�n of�dren orolanyso,l�ie alte�°shall H�ect t e�ightmof�Londer to be6pald t�he nsu ance prooeeds pertein ngto he 'ti•YR°�.
<br /> elo s or damepo oi the Property In the ovent Cirentor fells to ecquire or maintein insurenee,Lender(after providing n:Aoa aa rriaye�d��aerin bl teWea as ��'� -
<br /> In fts decretlon prowre apProDrlate Insuranee coverage upc+n the Props�y and the Inau►ence caat shall be an advmioe payabl 8 `.:;z�,y
<br /> described�n parapraph za and wcured hereby.Orantor shall tum�sh Lender with evidence of Ineurence Indlcating the requlred coverage. Lendar rrey act --
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<br /> as attomeyIn-fact fu Qrantor in making and seriling clalma under Insuranoa pollcles,canoellin�any poNcy cr,����to Lendar as turthe�aecurlty ''-_�'
<br /> _— �.......� �,,.,,re. nn u,rh Insurance ao11de3 ahell be Irtrnedate�y es6 Bned.,ped8ed Y N,M,,��r„�.nt�n orecf of loaa. Each
<br /> -- --°-------. OQgoliaoie msifiiii�mi...a... ;°.^.;...__._. _. ..,.._.
<br /> Insuh►anoe�tmpanY�s�dlreat°d t°�meke paYme��e d�N t�°e�t��Inetead of to Lender and dre►rtor.�l nder shaY have the r1pM,at Its sole optlon,to �..
<br /> � epply auch monlea toward the Obllgatlons or toward tNe cost of rebullding and restoring the Property. AnY amou^ts"ny at Lender's optlon be applled��
<br /> � the frnerse order ot the due datoa theroof. '
<br /> � 11, ZONINfi AND PR�VATE COYENANTS. f3rantor shall not InHlate or oonsent to any chen9e�n 1h a a nonwnt rmin9 use uede►�eny zoning prOVlslon,
<br /> use d the Property wNhout Lender's prlor wrfnen oonsent. If Cirentor s use of the Property 6ecome
<br /> dranta shell not cause or perm�t such use to be dlscon9nued or ebandoned wNhout the�xfor wrltten consont ot Lender. (3rantor wlll Irm�edlately proNde
<br /> Lender wlth wrltten notice of any proposed changes to the zoning provlslons or prlvate oovenanta aHecting the Properry.
<br /> I �pr��ng pu�n¢IA n�g o IherProperrya�Al�rnonlesePa a�de oea gnort o�m such condertnaU o�taldng are hereby sslgned o Len�der and hall be�app�Ied
<br /> flrst to the payment of Lender'8i fhe o�11on of Lendar,to hospayment otlheObll(gatl�ona�ng t�re oratlon or repalr�of Ih�e Pnoperty. n��$�lon or eminent
<br /> . J �p�aoceedinga and then, p
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<br /> i NEOOTB RCV.2/97
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