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<br /> ' 98- 112��80 Peqe 3 �``�`"'
<br /> � � ` '' ' t2-07-19gd DEED OF TRUST "'_
<br /> ' Lo�n No d498b (Continued) �;-
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<br /> f plphl To ConiMt. Trusta rruiy wlthhdd payrMnt of Rny tuc,������a c4� �n Conn�Cllon wlth�pood foith dlsp�ts owr Iha oblpa8on _,��
<br /> � ta p�y�to lorp�s Und�'�IMK�sI in tF►�ProporfY�f not Noputliz�d, If a Gn uK�n a Is AN�d u�r�sult of nonp�ymanf,Trusta shall within
<br /> ;� ����g��yi�}���I�n �rN�s a,M�Hen h 11Nd,withln IIfINn(16)d�yt aA�r Tru�tor has not��of th�flllnp,s�curs tM dlschuq�ol t1� �'I_
<br /> INn,or M r�quatsd 6y 4.�nd�r,d�potft wlth L�ndN aah a�tuMcf�nt corpaU� wrNy bond a oth�r s�cur�ry c��rst�ctory to L�nd�r In �n f
<br /> � �mount�uMcl�nt to dschup��►M��P���^Y���+�nd�h°�Mys'IMS«otMr chup�s 1h�1 could accrue���nsull of a f�reclosure a saa �?-�
<br /> �}� und�r tM Il�n, In eny cont�sl,Trutla stuiN dehnd ih�H and L�ndtr and�haM wtisy any�dwra�Judprr�nt 1»ta��nloram�nl�palnsl tM _��_
<br /> pro�srty. Trusla•s1uN rwrtN i.ender as�n additlonal ob l i p�s un d�r�ny au n l y bond furnls1»d in Ihe confhf prawdlnp�. _
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<br /> Evld�nC�of P�yrtNnt. Trusta sh�M upon dsrr�nd tu�nlsh lo LentNr satKhctay evlG�nce of PoYmenf of Ihe taxos or nssessmnnts and shnll
<br /> •.,n,-,�^�� wthorix�tM opproprint�Oowrnmenlal ofM1cl�l to dNiwr to I.�nd�r U any tlm��wdtl�n statement ol the taxes and asssssmanls�flainst llw _
<br /> Prop�rly. —
<br /> Nolk�of Consln�cdon•Trusta st+�u nol�y�ender�t IN�t IfM�en(16)days belae any wak Is commenced,Rny seMces nre furnished,or anY
<br /> ;�� m�l�b are supplNd to the Propxfy, If any m�chanb's Ikn,materialrtwn's Wn. a otlxr Ilen could bs asserted on �ccount of the work, �
<br /> � yervk;y,pr malsrlah. Trustor wNl upon requsst ot Lbnder furnbh to Lender�dvu�ce usur�nces aatist�ctory to Lender Ihet Trusta an ind wlll
<br /> pay 1M cost ol euch ImprowrrNnte.
<br /> pqQpEqTV DAMAOE INSl1iiAMCE, Ttw followlnp provisions rel�tirq to Insuhnp Ihe Propxty us a port ot thls Deed of Trust.
<br /> -. _;; . MMnl�nanN of Inwr+�. Trusta aluiM procun and rr�lntsin pdkNs ol ke iraunnce wl�h st�ndard�xtended cover�ge�ndor6emenb on�
<br /> npt�arr�nl basls fa ttw full Imur�bls velue cowrirp aN Improv�rrMnit on ihs fMal Prop�rty In�n�mount eufAcknt to avoid appNc�Bon of�ny
<br /> � ' cdmurana c4�us�,�nd with t standud mortfl�QN c4►u���hva ol L��dK�
<br /> top�tMr with such other hwrd�nd IlabNity IMU�ance aa Lmd�r
<br /> may rw�son�by nqWre, PoNcl�s�hsN W wrNNn In tam,amounb,eowr��s tnd basb rsasonably�capt�bN to L�ndu Rnd Isswd by a
<br /> M, comp�ny ar comp�nl�s n�son�bly�oapt�ble to L�nd�r, Trustor.upon rWu�l of Und�r,wiit dNiver to L�nd�r from flme lo drn�th�pdk*t
<br /> ��. .. ' pr cutlllcala of irxurana i�lorm adshctory t0 L�nd�r,Includinq stlpu4Moru thal covenpes wfll not ba anc�Med or dlMnishad without d
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<br /> least ten(10)d�ys'priorwritten nolice to Lender. Each insurance poNcy�ho shtll include 4n endorsement providing thal coverope In tnvor of
<br /> � Lender wlll not be ImpaYed In sny way by any act,omisslon or dofault ol Trusta or nny other person. Should the Real Prope�►y dt any tlme _
<br /> ~ becoms loc�ted In in ana dtsigruded by the Dir�ector of the Fedenl Emxpency M�na9ement Apency as a speclal Hood huard area,Trustor
<br /> � �prses ta obtaln and rtuJntaln Faderal Flood Insur�nce tor the tu4 unpald p�InGpal bnl�nce of the lan,up to the m�ximum pol�y Nmits set
<br /> under IFw N�tlonal fload Insur�nce Proqr�m,or�a otherwise requlred by Under,nnd to rrulntdn such insurancs for th�term of lh�loan.
<br />-�.=; ,;�•_�r. Applk�tbn of Proee�d�• Trustor atuu prompily nodly Lender al any losa a rkmaGo to the Properfy if lhe esllmaUd c W�i�«�not
<br /> .,r ropl�arrNnt�xc�ds 31,000•00• Lender maY maks prool of loss If Trustahfla lo do�o wilhln Afleen(16)days of ths ctEwnY•
<br /> • L LondK's s�curitY k Imp�ks d,Lan d e r m l y, a t�h e�e c U O n, n c e l v e�nd r�41n Ih� proceeds of 4ny insur�nce and�pply tlw proceeda to tM
<br /> ��"�'��'•f raduclion d th�IndWt�dr�st�PaYm�nt ol any Aen�flacdrW th�Prop�rtY�a tlw rostaatlon nnd ropalr of tha Properly. I I L�n d e r a l�c t a t o�p p l y
<br /> ''f�•.• tha proc�ads 10 restor�YOn �nd npalr,Trustor ahall npdr or rop4ca tM dimaped or d�stropd ImprovarrNnts In� rtunn�r s�Mshctory to
<br /> ��``'� Lend�r. L�ndK sfull. upon sr�sf�c►orY Proof of such u�nditur�,pty or r�imbura�Trusta hom tFw proowde for the reasonabN coal of npalr
<br /> • ,,:' or r�ioradon if Trustor b nd In dNault und�r this DMd of Trust. Any procMds whbh luw not be�n dis6ure�d wiihln 180 d�y� �f1�t►Nir
<br /> :::s�; :: �t.} nalpt and whlch L�nd�r Fw not committ�d to ttw r�Ir or resta�don d Ilw Prop�rtY slu►II b�us�d flnt to pay any�mount ovrinp lo Landar
<br /> untNr this DNd ol Trust,th�n to p�y aaru�d Intsnst,�nd th�rem�ln Wr,M�ny,shUl b��ppll�d to lM princlpd b�larw+�d tFH Ind�l�dn�ss.
<br />-1;�a;ti`,''' If land�r hdds eny proas�afNr paymsnt In full of 1hs Indabbdn�se,sueh proce�ds eh�ll b�p�ld to Trustor as Truslw'�inl�ab may
<br />- -=• c.,wr �PP�'
<br /> `t��"'� " Un�xpind Inwr���M• A^Y��Pk��^�w�"�a�u Inun to th�b�ne�t nl,and pass to,tM qurcFu�ser ol the Prop�rty covK�a bY inis
<br />_`'s:�,:;`;� [�d of Trtnl at�ny tnpMo'f u►N a other a►I�hNd und�r tM provblons d thk D«d of Trust,a st�ny fa�closun saN ol tuch Prop�ty.
<br /> '"• •Y� :•r�`� �;pm��wtth Existln0 In�NbMdMa. Durinp th�p�rlod In wnfch�ny E�Bnp InWbt�dnrss d�scrib�d bNaw is In�fNct.complkrw�w�th
<br /> �--"`�`�-'z' th�Insurl�nC�proNslo�M c�41n1d In th�IrntrurrMnt�W d M C lnp l u ch Exls��q Ind�bbdr��lulu Conttltul�complianq wlth th�Insur�nc�
<br /> =�_.wiM�.ti�,�f. provi�lorn under thfs QNd d Tr�t,to ihe�xNnt oompM�nc�wNh Ih�11rms�p a�°n IhIS�DMd of T►Int f1or divbbn�d pr�oCM�s th�M
<br /> -- .'-�, r�quksrMnt. M�ny proeMdl han IFN Insunna blCOrtN WY�bN on 1olt.
<br /> -=_=•,..�__ WPN o►dY to th�t p�of Ih�{xa.wd�nof p�y�bN to tl�holcl�r o11M Exiffn�IndWNdn�,
<br /> 4y, �`" pSpE�T�qES S1I LENpER. II Trwta bNt to Comply wllh lny provls�on of tNS DMd d Tru�t, Includlnp any oblip�don lo mdnl�ln E�Hnp
<br /> ��"'�`y'�� IndWtWn�as In pood tlandrp af r�quk�d bNow�a 8�ny�a WocMd��D hcomm�nad thd wouid m�Nr4NY�M�c1 L�ndK'�InIKNb In fM
<br /> _�'=:�` Prop�rfy�L�ndM on Tn►stort bNiaM m�y,but�haN nM b�tMt�r�d �G�I�k��ny�Ction thal L�nWr dNms�pProP►i�t�. Any�mounl th11 L�ndK
<br /> u-�:r • �xp�ndi In w ddr►p wAI bMr InMrMt�t tFN nb provldsd fa In tM Nol�har: 1M WW InCUrcrd or pdd bY L�nd�r to the d1t� of np�Y�l by
<br />., ,:;�_''��,� Trustor. An such pcp�nNS��t L�nd�rY cPMon�wNl (�)b�P�Y�bN on d�mand, (b)b��dd�d to 1M ba4na of tM Nof��nd W aPP�rnd amonfl
<br /> — � ���p�Y�1�wifh�ny In�hNm�nt(xym�ntt to b�com�dw durinp NthK @ tM I�rm of any�ppNG►bN Irnwana poNcY o� (q tM nm�inl�p Mrm
<br /> :.-�_..z.�.�� �N
<br /> �2+v��� of tFN NaM,or (c)b�tnrMd Iu a bNloon paYrrNnt whleh wIN b� dw �nd PsY��t tM fVoM'�matuAry. Thlt DMd of Trust abo s�cun
<br /> -1'='=;,;,,, payrrMnt of 1hM��mounts,Tlw rlphb providsd for In thfs p�r�prl�ph sh1N W In addtlon lo�ny otMr rlphls a any r�m�to whbh Undlr maY l»
<br />`A:r`;;=';�� �ntlllad on aoCOUnt of th�dlfauil. AnY suCh�ctlon by LsncNr sh�M not b� comtnAd ae cu�inp lM cNf�Wt�o�i to bar LYndK hom�ny nmWy thet
<br /> --""-.��^�+� It ott�erwfse would haw tuid.
<br /> -_;:'��ly- W�pR��y�pEfE11SE OF T17LE. Th�toWOwirq Provlslons rel�Hnp to owrwthfp of tM Prop�rty�n�parl of tMS Dead o1 Trust.
<br /> '�;�`_�,l,�� TItN. Trustor wuranb Ihat; (a)Trusta hdds pood�nd muk�t�bl� titN of ncord to 1ho PropKty�n fN slmpN,fne and clNr ol aY INns and
<br /> encumbrane�s ollwr th�n thos�s�t fonh In tM R�d Prop�rty dosa�Pran or in tFw Exbtlnp Indebt�dnass s�cdon below or In any HtN Insurtnce
<br /> _��,��•�� polcy,ri1N nporl�or en��t�1N cPlnlon Issued In favor ol,and acwpl�d bY,Laidar In connecHon with this Dwd of Trust,and (b)Trusta h�s th�
<br /> °- .;,.�. .� lull rfpht,power,�nd�uthariy to aaculo and deliwr this Deed of Tr�st to Londsr.
<br /> _1,�„� D�f�n�ot TItN, SubJ�ct to tF�exapBon In tM panynph above,T y Co�����t qu�No�T�tor'��lN� o►ttM inPer�c T�uat�a
<br /> -=-"�-••� lawlul cl�IrrK ol�II pasone, In th�wsnt�ny�ctlon or proce�dinp
<br /> .?.�{'!'"" ' ' Lsnd�r undrr thls D�d of Trust,Trusla shaR daNnd tM actlon dTrusta's�ns�• 7ruator m�►y b��he nominal puty In wch procMd�rq�but
<br /> r`-"` � Lander shall b�entilNd to pa�tfclpat�In tM proes�dlrp�nd to b� rpr�smtod In tFN prur.esdirp by couns�l ot L�nd�r's own cholc�,and
<br /> ""''� Trustor wNl deliwr,a caus�fo b�d�livx�d��o L�ndsr such Instrumsnh 1s Lender may nqwst hom HrrN to drr�to permN such pu►fclp�tlon.
<br /> . , ord nalnCes�a d rspuy on�o}qovernrnsntal authorlties.r�ty �nd Trustor'I use of 1M Propsrty complles with all sxbtlny�pplic�ble law�,
<br /> Q(15tING INDEHTEDNE98. The Idlowlrp provlsions concem�o0 exigtirq ind�btedness(the"Bxistinp Indebtedness")ero�part oT this Deed ol
<br /> � Trust.
<br /> �, c�Olpna�nts o d�pra��to P Y.Ia soadto tM po m9nt o tlw Exis�Hnq Indlhtediyws.g�s d o prewn�ny defaut on such Ind�btedn�ss� YpdMault
<br /> � untler ihe Instrumenlsevtdencinp such indeb�edness,or any delault under eny security documents for such In6ebtedness. -
<br /> � Oe1w11. If the ply�nent ol any installment of principol or any Int�rest on the Existinfl Indebledness Is not made within the time required by the
<br /> • nole evidencinp suchindobtedness,a should�default occur under tM fnsirun»nt securiny such indebtedness and not be cured durirp any
<br /> . 5RppiiCable prace porbd therNn,then,at the optlon o}LenWr,the Indabtedness secured by thls Deed of 7rust shall bacoma Imm�d�atoly dw _
<br /> � n n d p�y�hle,�nd thb D�d of Trust shall ba In default.
<br /> " No Modiflcallon� Trustit(or�shaT���evewhl�h tNit ao�eer►ie t isi�modefled�men�ded e on d,da enewed w hou r t th e p io tywr�ilten on tse t�of
<br /> -:_—:=r: •- -�--LL•-
<br /> ....�W��ti„����r,o���nr wdttsn consant ot _
<br /> �- - naa Nnv��q w.�.....—_—'-- -- . � .....__...—• -
<br /> Lender. Trusta ShUI neltM�r roquest nor�ccopt any luture aWOncee unoer any sui:���:����i�y w"�-••••
<br /> Lender.
<br /> COHDEMNATION.The Idlowiny provlsions relaHn9 to condemnetlon proceedirps are�pari ol thls Deed ol Trusl.
<br /> Applicetlon ot Net Proeeed�. Ii ell ur sny part of Ihe Property Is condemnad by eminent domaln proceedlnqs or by eny P����d'to the
<br /> IIndebtednless atl'��epakor rYStordionaofmhe Property,1The nel'pr loceedsof the sward shallt eantthe ewa�rd after payment of alplpeasonahle
<br /> i costs,expensea,and altorneys'lees incurred by Trustee or Lender In Conne�llon�vith Ihe condemnation.
<br /> p�p��l�np�. II any proceeWafl��Condemnallon Is Hled,Trusla sh�l promptly notity Lender In writing,ond Trustor shall prompliy take such
<br /> be enlised to pnrtkipate n the proceedln9calnd to be b pr sen edgn Iherproceeding byo unso'1 of�itsrown cholce,a d Tr stor�wlle du���eholr
<br /> ceuse to be delivered to Lender such Instruments as may be requestxd by II Irom Iime to llme to permit such participetlon.
<br /> IMPO51TIOer es ar dEplrt ofEhls Deed of TR ShS BV QOVERNMENTAL AUTHOAITIE5. The followin4 provisiuns relatinq to povernmenlel faxes,
<br /> fees end c 0
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