|
, _7y�� �. . �::; _ r . _.... .. .. ,r. •Aa.
<br /> . .� � '. . .. (r „ ',r ._ ,•t, � ''�t y���, -
<br /> . ��; c � . .. ... � ' .. . .. ... . .. . . .F'. .a.-. -..... .
<br /> , ,
<br /> ..r. , '
<br /> .
<br /> .
<br /> . . ..' A - __'
<br /> . . _.. �.__..,.__�...�_. --. ..—_--:� L_�._�— . . _.. .. _.._
<br /> ; �.� q,..Yx etr�k.w.paasaftmsmans�:� — ��' - •�,�.,_H--
<br /> ,.,...._.� •..,,...
<br /> ...
<br /> -.. -
<br /> , �,���. .
<br /> .. . , .r.R..,,--.�..,o..,�n.�,��-.��.r.-�-,r--T.::---T--,-,,..T:-----:,-,.:_:_-..,.�-
<br /> -
<br /> �� ��� .. _
<br /> _t.,.�....,..a.
<br />,°�
<br /> --~-�.:��� 12-08-1998 .9��-+��2a�'?' DEED OF TR6JST , Paqa a —
<br /> =�;''�i;;,"�� Loan No 762319 (CoMlnuad)
<br /> :,�r`�m�� _
<br /> . any,sh�!1 t»�ppN�d lo tM prindpu b�lana of Iho IntNbbdnss�. If UndK hdda any proaNds�M�r p�yrtwn!In full ol ths Indebtednese,such
<br />:-�::�.�a� proce�ds sh�ll bi p4d to Trustor u Trurtors Intereste moy appeu,
<br /> ,-�':�:
<br />-•�•. Unsx�IrW Insurtalc��t SW. Any unexpind Insurence sh�tl Inure to Ihe heneAl o},�nd pess to,lhe purcheser ol the Property covered by this
<br /> ''='�. ONd ot Trust�f�ny truste�'��ale or oth�r eak Mid under the proNslons ol thl�Deed of Truet,or al eny loreclosure sale o}such Property.
<br />,�'„� "
<br />' ��Y�� D(PENDITUHES BY L.ENDER. II Trustw}alb to camply wHh any proNslon of Ihls�e�d of Trust,or if any aclion or proceedinp is commenced tnat
<br />"'�`�=� would m�terklly�ff�cl L�nd�r'e Int�rate In th�Prop�rty,L�nda on Truator's b�h�lf m�y,but eh�ll not be required to,take�ny aclion Ihat lender
<br /> -`�;_���� deems eppropri�t�, Any�modnl th�t L�ncNr�xpend�In so ddnq wIN bar Inbnst at iho rd�proNd�d lor In Ihe Nofs hom Ihe dete Incurred a peid r
<br /> - :� by Lend�r so Ih�dat�of rep4ymenl by Trusta. l.1�euch exp�nsee,at Lender's optlon,will (a)b�payable on demend, (b)be edded to ihe batance
<br /> "�""'��, of lhe Nots�nd b�spprxfioned�monq and b�p�yabN with any InsUllrn�nt payrt»nts io bxome @ue d�ripp eliher (I)lhe lerm ol any appl�abie
<br /> Imunnc�pd�y or (II)tl»nmalnlnq Iwm of Ih�Nol�,or (c)b�tr�t�d�s R b�NOOn payrrNnt wh�h wlll be due�nd p�y�bl�at th�Nolo'a mtturity.
<br /> --��+� This D�d of 7rutt�Iso will s�oure psym�nt of Ih�1�mounb. Th�riphfs provld�d fa In thh puapraph ahall b�In 4ddition ta any other riphts a any
<br /> ���i� remedi�s ta wh�h Lendx m�y be sntitled on�ccount of the defnult. Any such�ctlon by Landx shell not be conetrued as curinp the dafault so es lo
<br /> ,;:�� ber Lender ham 4ny rertwdy thd It otherwise would h�vs had.
<br /> :��,,
<br />,,�.;%.. WARRANTY;DEFENSE 0F 71TLE. TFw fotlowinq proNslons reiatlnp to ownershlp ot the Property nre o p4rt of lhis Deed of Trust,
<br />:,•t•"�'�• 71t1�. Trustor warrenle thtl; (a)Trustor holds pocd�nd markelable►itle of recad to the Property In tee simple,hee�nd clear of�II Ilens and
<br />=r°'�!r �ncumbrancos other Ihan Ihos�s�f forth In tha Real Property desr,dption�Y In�ny Hil�inaur�na polby,lille nporl,w Mal tltk opinlon luued In
<br /> ��� hvor of,and ux�pbd by,L�nd�r In cannectlon with thls Deed cf Trust,and (b)Tnistor h�9 the full ripht,power,�nd�ufhurlty lo axecule and
<br /> �"' dsliver this D�sd o}Trust to Londw.
<br /> . im-y
<br />�_�'A'� D�hnM of TItN. SubJect b lhe exception In the para�reph above,7rusta warrents and will foraver defend the tille to Ihe Property epainst the
<br />�ti:A�„��.a I�wful Galms of all p�rsons. In the ew�M any�ctlon a procs�dinq Is commanced that quaslions Trustor'e fNla or Ihe Intorest of Trustee or
<br />=��,�� Lender under lhi�Oeed of Trust,Trustor ehall detend the Qcdon�t Trustor'e expense, Trusbr may be the nominal party In such proceediny,but
<br /> --=-= lendor thall bs enHtled to partklpab In tha prxeedinp �nd lo be rspreseM�d In the prxeedinp by counsal ol Lendar's own choko� and
<br /> -------- Trustor wlll deliver,or cause to be delivsrod,to Lendor st►ch Instruments�s Lender may request hom tlme to Hme to permit auch partiClpeAon.
<br /> u°����� Compllrtu Wlth Laws. Trustor werrants that Ihe Property end Trustor's use ol the Property compllas wiih all exisiiny applicable laws, -
<br /> H�`��'v�� adinances,�nd reyuledon�of povsrnmental aulhorities.
<br />,'�.���—�5 CONDEMNATION. Tha followinp provlaiorts relatlny to condemn�8on prceeedinps are e pert of this Deed ot Trusl.
<br />_.,.z.. +l
<br /> -- -_ Appllc�tlon o}Net ProcNdi. I}sll a eny part ol 1ha Proporty Is condemned by eminent dumain proceedinps or by eny prxeeding a•
<br /> purch�se In Ileu o1 condemnntlon,Lsndw rru�y�t It�Nectlon nquire that�N or�ny portion of the net proceeds of Ihe�w�rd bo appiled to ihe
<br />�v„�,�� Indbbtednese or the repalr or restoratlon of tho Propsrty. Tho net proceede of the award shell mesn the awerd efler payment of all rea5onable
<br /> - - cosfa,�xpensas,and�ttorn�ys'fees incurc�d by Trust�s or L�ncNr In conn�Cdon wlth ths condemn�tion.
<br /> PrxNdlnp�. I}any proc�edlnp In condemnation is Illed,Trusla shell promptly nody Lender In writinq,snd Trustor ahsll promptly take such
<br /> _.�r.�_,�� efeps oa may bs necassary to deMnd the nctlon�nd obtaln the eward. Trustor may be the nominei party in suoh prxeedinp,but Lender shell
<br /> - b�sndtlsd to putiClp�t�In the proC�edinq�nd to be r�prasenl�d In th�procMdinp by counsal of Its own cho��,and Trustor wlll dalivsr a
<br /> -��+ cause to ba dellvend to L�ndar such Inatrumants as may b�roqusta�by it from Hme to Nnw to parmlt such partkipation,
<br /> ��:�� IMPOSITION OF TAXES,FEE9 AND CHARQES BY(iOVERNMENTAL RUTHORITIES. The fdlowing provislons rel�tiny to povernmental taxm,
<br /> -��_- — M+ia�nel r.h��na�fw w n�rt t�f ihfs Dssd of TNS1: _
<br /> - Curnnt TNCN,Fwi�nd ChMp��. IJpon raqwst by Lender,Trusta�h�ll ex�cuts such documents In Rdditlon to this Deed of Trust and uke
<br /> -�' wha�twx ofMr�cdon Is raquest�d by L�ndK lo psrf�ct and conllnus L�ndsr's Il�n on tM Re�l Prop�rty. Tnnta ehall nlmbune L�nWr for oll
<br /> Wc�s,�s d�scribed bslow,topsthsr wf►h all rxp�ns�s Incurnd In recadiny,pari�ctlnp or conNnulnp this D«d of Trust,Includiny without
<br /> Nmi4tion all iexes,fNS,dxumenG�ry stamps,�nd oth�r chup�s for ncordinp a ropist�rinp lhis DE�ld of Trust.
<br /> ,�e 71un�. Th�fdlowlnp shall constitute tocss to wh�h this ssr.tlon�ppYSS; (a)�spaNb t�x upon thls rype of Q�wd of Trust or upon atl or eny
<br /> — part of the Ind�btedn�ss secured by thls D�ed ot Trust; (b)a cp�clAc t�x on Trustor whfch Trustw Is su►horixed or requlred to d�duct from
<br /> peymenfs on the Ind�btsdnesa sec�nd by this typa of Dsed of Trust; (o)�tax on thls typs of DsW of Truat chups�bN�p�lmt th�L�nder or
<br /> tM hdder of 1M Nots;Rnd (d)�ap�ciflo l�x on�A a any portion oi th� IndsbtMness a on ptyrt�nts of pdncip�l and Intsnat rtud�by
<br /> Truata,
<br /> � 6ubMq�Nnt T�at��. I}�ny lax to wh�h this NcBon�ppiias I�m�cNd tubsoqwnt to tIN dat�of lhls Dwd of Trwt,this�wnt slull tuw IhY
<br /> s�me�fhct ae�n Ewnt of D�(�ult(aa dMr»d bNow),and I.�ncNr rr�y�xarcfi�any a�II of Ils�vallabla nmadl�s fa an Ewnt of��hult�s
<br /> provld�d bNow unless Trustor eitMr (a)pays lh�tax b�fon ft becomes dNinqwnf,a (b)conte�h lh�Isx�a proNded�bow In tM Tax�s�nd
<br /> l.Nna aectlon and d�posib wlth Lend�r cash or a suMcient corpaN�sur�ty bond a othsr a�curity eaNshctory to Lender,
<br /> ____._� �EGURI7 r�QREEMENT;FINANCINQ STATEMENTS. TM fdlowlnp provlalons rektlnp to thh DNd ol Trust ae�s�curity�presm�nt�ro�part oi
<br /> _��_ thls I�d of Tr�nt.
<br /> S�curlty Apreem�nt. Thh Inshumsnt shaA constltute a sacurlty apreemeM b tM�xt�nt�ny ol 1M Property conetltut�s pxtuns a otMr
<br /> --- p�rsond propKty,�nd L�ndar 1h111 lu�vo�II of th�rtphb of a wcursd puty under tfw Unllorm Commercal Codu�s artwndad hom Iime lo
<br /> nme.
<br /> � S�curly Inbreat. Upon request by Lender,Trusta shell execute Nnanciny st�t�rt»Ms and taks whatever alher nctlon le requsstsd by Lender
<br /> --�= to perfiCt and contlnue Lender'�seCUrily Intsrosf In tM Rente�nd PeraonAl Prpp�ty. In additfon to recadlnq ihls D�ad of Tru�t In the reel
<br /> s"'�� prop�rty recads,L�nd�m�y,at eny tim�end wlthout turtMr euthorlutlon trom Trustor,el��xscutad counlKparts,copiw or reproducHone o}
<br /> thls DMd of Trust u�enenclnp ststement. Trustor ahaN nlmburs�Lend�r la eA ucpons�s Incurced In p�rf�cdrp or cunNnulnq lhi�becutlry
<br /> Inlerett, Upon dehWt,Trustor shdl eas�mbs�tlw Pesonal Prcperty In�mann�r�nd at 4 place rsesonebty conven!enl to Trustor�nd Lend�r
<br />"-���" -= �nd m�ke 11�vailabN to Undw wHhln thrM(3)d�ys�ft�r recelpt of written dsmind kom Lsndsr.
<br /> �--� AddntMa. The mellinp�ddressea of Trustor(d�bta) and Undar(s�curod party),hom whlch In}ormaHon concwnlnp th�sacurity Int�rlst
<br /> -� ,•=��=��'� pranl�d by thb D�d of Trust rn�y be obt�lnad(sach�a rsqulnd by Ih�Uniform Commercial Code),en se stated on the flr�t pape ot 1hN DNd
<br />-S --m°�x�a ol Trubt.
<br /> nY� •.
<br />`����_• FURTFiER ASSUHANCES; ATTORNEY-IN-FACT. Tha fullowlny provislons retatlnp to further assurance�and attaney-In-ftcl ere a part of 1Ns
<br /> ='_�::�:..� � Deed of Trust.
<br />- • ...�
<br /> °:a-�ss.,�• FurtMr Mrurancet. Af eny dme,and hom Nme to Hme,upon request of Lender,Trustor wlli meke,execute end dWiver,or wlll causi to be
<br /> •f�
<br /> •+�
<br /> . � ___—_ __ _`_ _ "....�_.._.._._ _. . _.. .__._. __. . . __
<br />. ' - --- .. '' . . ' ;,�'l+Li
<br /> t x � 'x�-_T__ �L -�a1 YMIF ]�ti
<br /> �4ir
<br /> 1 +F. .
<br /> .y�lw'� 4 .. .� y f R . � n '3l�� tihY't;/ -
<br /> :�aY�'� . S. - , ' . • •.tr�t:B�� � � �ys':a�t, .. _ .L . . .� � ..:r+�_
<br /> '..r, � +• �
<br /> . . . . . ; .
<br /> .l . -'. _. �� Ai� K dL :i., •. � G. -
<br /> �, �
<br /> . ,
<br /> . , .
<br /> -- ° ---�------------------------- �f+' .a� =— __ -- >,="--.
<br /> _ ,--- ; ---------_ ------ ._ .._..... ----. - - _ - __ - ---- • -- _ - -__ _: _
<br /> + ,�:-�-� _� .
<br /> ._ , •,�
<br /> ..,.�;-
<br /> , •,:r:,.
<br /> . � _ - . .___
<br />
|