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<br /> . . ' '. � 1.Payme�te.Barrawer �ees to make a8 payments on the secu�ed debt when due. Untess Barrower and l.ender agree otherwise erry • �- :� r�'�'.��
<br /> - � .� payme�Lender[ece&ea trom Bartower or far,Barrowers bsn9Rf,�+�7�Ae appfied fir5t ta any amourts 8orcawer�owes on the secure�Qehi .'� ` ,::� � ��� '
<br /> .G``�`:.`• , exChistva ot(rtte[est or pd�ipat.SECOnd t0 6ttelest.e�"ttieR�o�pri,dpa1�t!Pnrtial P►eAelf+n9tK of the sec�ed debt Occros tOf eny reason.lt wflt • �- .
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<br /> • ' ` not redues or e�uss arry sohedufed paymeniuntilthe secntr6 dt+6L�3 ps�d in futi. • :. E� • �.�:
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<br /> 2.tXti�ns Against Ti6�8ortower w�i pay'all taxas.asae§sme�of�'o�hsr charges awibutabte w the property when dus end wiU de4end titte � u ��
<br /> f m ths pra�rty ep�inst emr daims wB+ieh wootQ'iM�t,tttr�Gen a!thLsdeOd af trust L.sndar m8y require Borrowar to asstgn ciny�ighte.eta3ms or � ., <
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<br /> • t. ,_ defer�ses wfitch�arrouver may have ggBD�t nart�es w�o su��Sy lahor or matedals w im�ave o�maimein the property. • a4 __
<br /> - • 3.�nu�uanc�Bortawer vuiU kesp ths property insurad under�ertns eceeptaDta w lender at Bnrrowefa e�cpense and tor Lender's benofR.Alt �` s�,� ,�,�� �
<br /> . in��ranea pprjCFBg Shell!i1lCfude 8 SS88Getd mOrtaaga elause in favor af Lender.Lender wilt Ee named as loss payee or es the insured on arry sueh �
<br /> ; � ' insurenee poGcy.My insuranea proeeeds may 6e epptied whhIn lender's dtsaetion,to erther the restoration or repair of the dameBed property � � : - �,
<br /> , :�: ' or w tha waueQ debL If LenQe�requires mor[gage insuranc9.Bortower a�aes to maintain such Insurance for as long as Lender requires. :'�? .
<br /> 4.Pmysriq.Borrower arif!kaep tha proPerti/in goad eondPtioa and make s0 rapaira reasorteEty necessary. �
<br /> `:�� 6.fapanaeta Borrower agrees to pay aU Lendefs expensea,incWding reasonsbie atiomeys'fees.H Barrower lueaks any eovsnanta tn this dead � . _
<br /> �` }. o f tr u s i a►i n a i ry o h U g a t t q n s e e u r�d b y t h i s d s e d o f tr u s t B o s w w e r will pa y thase amo�mts w Lendar es provided in Couenant 9 ot this deed oi ; .
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<br /> ` � ` 4 8.PPtor S 6Remsta.Unless Botrower ttrst abtains Lender's written eor�senL Bononver wItl not make ar permit any ehanges to arry Grior � � `
<br /> .r,�. < security� Bartower w�ll perform t�1f ot Bnrrauvera abligatians under amr pria mortgage.Qeed ot trust or other security agreemert. -.- ,
<br /> - inrd�eding Barrowe�s cavenar�ts to meke pBYmerrta when due. , t ' '� `• `
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<br /> ,.'< y. �rttent of t±erts mtd Pro£cia Borrowet assigna to Lender ilte rents and proftts of the proyeriy.Un18s8 Boaowet and Lende�have agreed .
<br /> -��� . 911tBIVYfSe in miting,Bortuwet may coifect and retain the rersts es long es 8arrawer is nat in detauh. tt Borrowet delaults,Lender. Lender's _
<br /> � �i agertt,or a coiut appoirtted receiver may ta&e possession and managa the property and coltect t2+e rer�ts.Any reirts Lender collects shail be . : .
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<br /> �� appGad first to the wsts ot managing the property,incfud'mg wurt costs and attorneys'fees,wmmissior�s tc rerrtal egeMS, and atry other
<br /> . r,.��<�. necessary reiat[.b expenses.The rertfaining amaurt of re�rts wil!then aPPty tn paymert�on the seaued Qebt as prov[Qed in Covenant 1. -: �
<br /> ' 'h' g,Lnas�hp�ds•Ca�do�inirmic:p�sad t/nit�eMa.Bcerawer agrees to eom�ty wRh thB provistons�cf arry lease N 9iis deed of�wt is an � `' '``-.
<br /> � .;"� : � ' ' urtd�s��9��van�ants.880y auus�,or regulaUans oi tlee�eo domtntumm or p�tann�uni�t deveetoprt�em�Boaowet wIU perform ait of 8armvr�s dutie� : c, __ _.
<br /> 9.ptehority c4!�dffi to Fer[arm tar Borrurisr.If Borrower fails to perfom►�ny ot Borrower's dWes undar thfs deed of arust,LertIIe�may ,.;. __,_
<br /> � �� ' � pertarm tha QaNes or cause them to be pe�tormed.lenQet may atgn 8orrowers name orpay as�y smnuM if necessary tor O�o��.if erry �
<br /> construetion on ths property is discor�ftnued or not ear►Ied o�in a reasonabte manner,tander may do whatever is neoassary to psotect LendeYs • , •
<br /> '�. : , seeurity interest In the propsrty.Thia may incivde complating tf�a eanstruction. ,
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<br /> -....,_,��,�; �ender'8 fai{ure m perEarm wili noi predude Lender(rom exerclstng arry of its other rigMs under the law or this deed of trusL ���•'`;�.-_:::��ti-
<br /> .',`�� •.��,.'.j • A�.+V amourtts patd 6y Lender to proiect Lender's security intezest w71 be secvred by this deed of trust.Sueh amouMS v�iil be due on demand `' �� _-
<br />:'���i'�` '.� .:.;,.:;;;�� aid�vill bear Inmrest from the date of the paymerit unt�'1 paid in tuit et the irtterest rate in effecc on the secured Cebt. �
<br /> 4 ` `��• t0. Defauit end Aeceiara6oa. N Borrower tails tn maiie am/ payment when due or Breaks any covenarrts e:nder'this 8eed ot trust a srty 7r"=
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<br /> .�o�,r� obiigalion secured Dy tNs deeA.of vust or amp priar mortgage or deed of uusL I.ender may a�cceierate tAe anaautty ot Uie secured debt and «. � -
<br /> ,r ` -'� w demand immadiata payment and may invoka ths power of sels and any other ramed'ies p�tmitte�by appQeaDta iew. � -=
<br /> ' 11.Etequest tar Ncflee oT Oafm.�"i.it ia hereby requested that coDies of the notices of Qefa�:.'t and sete ba sertt to each person who is a paRy -�
<br /> ' • Dereto,at th0 address nf eseh suah person,as�ei tortA herein. . ` � ,.�
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<br /> � �� � - 12.Power of Seia.!t the Lender inwkes the porver ot sale,the Trustee ehall flrst record In the office of tha registat of Qeeds of oso„ooumy �7��h, � -=_-
<br /> whsrein the trust proAertY or some paR or paresl thereof ta sEtuated a notfee of Cefauft cortteining the(rttormattoR tequired hy law.Ths Tn�stee ._ ---
<br /> �`'��� � � shail also maU copte9 oi ihe qotice of datault t�tha Barrower,to each persa�who is a party fiereto, and to ottter persons as prescribed by '��=_,�__
<br /> ` ' applicabte taw.IYot tess�an one monU�afo�r the T►usteo tewrds the notirs of defautt ar two motnha if tha uust prapsrry Is noi in eny �
<br /> �.�; •� � • incorporated city or vi0age and is used in farming operetions cartied on by the nvstor,the�'rostee shaH give public notfce af sate to the persona '�.�� ;,r;_��" _�-
<br /> ,"y;�;,,, � and in the manner prescribed bv a�flpIICab(a law.Ttustee,aTL`ssst Qemand on 8ortower,$half seil the property at puDlic aaction to the hfghest • `���
<br />-;:�a.��,�> � t�'�r.lf requtred by the Farm eia�sesiead Prateetion Act,Tc�a araD offer the propercY in nnro separase sates es require�by applicabte law. i��.;. . . --
<br /> '*��.;��:.. . . . Tr�ea may DostDcne sate af aA ar any parcei of the property W pubtic annauncement aY�s�me and ptace of am►prav'rs.:slv schedu!ed sate.. j��;� � _ �
<br />,�•, •. Gendar or ita dasignee may D�rw��*he property at any sala. . .
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<br /> � ' ?•r�:ii �:'� Upon receipt of paymert of tAe price 61d,Trps�sfiall deliver to the pwclwser Trustee's deed canveytng the property.The recitiata cometrsA in � --
<br /> Trustee's deed shall bB prima facie ovidience of t�e trutl�of ths atatementa contained thetein.Trustee sAail appry tha proweds of thA sate in the "' _
<br /> ,�; following orQer. (a1 to al)ezpensea ot the saie, inctuding, Dut not limited to, �easonable 7rustee's fees;reasonabie attomey's fee9 and • -=
<br /> � retnstaterreent fees;(b>tn all sums sscured by thfs deed of trusa,aid le)the batance,if any,to the persons Iegatry enUtteC to recetve it. �- �.�
<br />• . �� 'i 18.Foroatosuro.At Lender's op�,ihis deed of trust may be forectosed in Ne manner pravide by eppfica�te law for fms��sure of martgages �, "., ;:,,��
<br /> �..;�' _ . on reat pro�rty. � ,-,.:..
<br /> ;.;.� , - 14.hppssctton.Lender may ertter the property to inspect It it Lender gives Bortower notice betarehand.The noUee must state tha reasa:abte - � .'�°: •- ` __
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<br /> ��:. - cause for Lender's inspacdon. . . �.
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<br /> �q; 18.CaeGn�Woa.Borrower ass�q ns to Lender the proeeeES of any award ar etatm tor Qamages connected witb e condemc�an or othertektng ... _
<br /> ��: -.- . , . � �� se eeur�a�eeme tt�0��apertyr.Spcb proceeds will be eppited as provtded in Covenarrc 1.7�is ass(gnment•is subject to tloe t3rms of any p8or -
<br /> �y� �� � � 18.Watver.By euerctsing any remedy avallaDte to Lender.Lender does not pive up arry righta to tatar use env other remeQy.By not exorcising • '� ''`` `"-
<br /> � ' 1 . , eny remedy upon BonowePs detauit,Lender Ooes not waive any dght to Iater consider tha everrt a defauit N it happens again. . , -�
<br /> .. � ! � 1T.Joir►i snd 6overol Uahffttv� Co�st�are:S�ueassara and Aastgna Bound. All duUes under this dea0 of vust are Joint end several. Any , .
<br /> � ' Bonower wf�o casigns tAis deed of vust but does not co-sign tha underiyIng dobt inavumentta) does so only to grant and convey that �� � '
<br /> • • ; Bottower's iirterest in the praperty to the Trustee under the terms of this deeQ of trust.ln addition,sucA a Botrower agrees that the Lender an8 , -,-*�-`
<br /> _ any other Borrower u�det this Heed of Vust may extond,modi t v or make eny other changes in the terms of this Qeed of uast or the secure0 �,.� ,
<br /> � - � - Qebt wlthout that BorcoweYs consent and without retsasing that�orrowar from t he term9 o f t h is dee d o t trust. • =� ��
<br /> � • The Qutles and bonatits of tNs deed of vust ahall btnd and benetit the successora artd asaigns of Lender and Barrowet. . .�
<br /> '� � t 18.Nottca.Unless othorwlse repuBed by law,any noUce to Banower sAai1 be given by detivering it or by mailing tt by eertified mail oddressad to � . .
<br /> • . Barcower at tho propert/address ar any otAer addresa thet Bortower hasgrv en to LenQer.Borrower will give any notice to Lender by eertifled , :� . � c+
<br /> '.. • � mail to Lender's sdNesa on page t of this deed of VuaL or to any other aGtlress which l.ender has Qesignated.Any otfier ncUce to Lendor sha11 .
<br /> � be�ent to Lepd9r's address as statad on page 1 ot this deed qf trust. • .
<br /> •� . " Any notice shafl be deemed to have been given to Borrowor or Lender when gIven in tha manner statod above. : . �
<br /> 18.Tran.sfor o!the Fmperty ai o Bertofleim irKOrost in 2ho Bonowcr.lf all or any part of the property ar any interest in+t is sotd or transferred ' . .
<br /> � � without Lendar•s prlor written consem, Lander may demand lmmedlate payment of the seeured Qtttrt. lender may also demand immediate ' • .
<br /> , • � � Gemana paymentin t�he ehave situatior►s'it i[i9 p ohiDrted by federal lawras of the Qa o�ot tNs Roodl�df o�st nsterred. Howa�er, LenQer may not . �
<br /> � � 20.Rocommyanco.When tha obligaUon securad by this deed of vust has been paid and Lender has no further obtigation to make advances �.
<br /> � untlor the insVUments or agteementa seeurud by thia daed ot Vust,the Trustoe shet�upon written request by the LenGer,rewnvey tha trust . ,
<br /> . PropertV.TAe Lendet shall deitver to the Barrowe�,or to Bonower's suetossor in intorest,the trust deed and the note oi other evidence ot the .
<br /> . • , ahligaUon so satisfied.Borrower shatl pay any recordation costs. . � �
<br /> � � 21. Successor 7iustan. londor, at Lender's opUon, mav remove Trustee end appoint e succossor trustee by first, mailing o copy o!the ' .. •
<br />- - ' substltution of truste9 as reQulted by appticahto law,an�then,by fitinQ the substitutton of uustee tor recard in the oHice of tAe registor of deeds
<br /> � �' of each county ln whieh the Vust proAonY.or some pavt theraof,is s�tuateA.Tho sueeesso�trustee,without convayance o!the property,ehall '
<br /> , . succsod to nll the power,duties,autharrty and titto of the Trustee namod in tho dood of uust and of any Suecessor trustee. `
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<br /> _�,��+,� . i BANIfEBS SYSTEMS.INC.57.CLOUD,t�M 66301 tl-806397�I3SU iQd1A 6LRtdT(}NE 6/19191 .
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