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<br />=-- . �� y2_���sg�,;,,, DEED OF TRUST Paye'a , _.
<br />��'i.�- L.o�n No 762411 . (Continued)
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<br /> tM procNdt of�ny InaunnC��nd apply th�prooMds lo IFw nduction o11M Indabt�dnMt,p�ym�nl of�ny IMn�M�cMnp tM Property,a tha _._
<br />-.=;x°.^'!` neta�tlon�nd np�lr ol th� Prap�rty. If L�nd�r N�cb b apqly th�procNd�to rata�tlon�nd np�lr,Trustor�hdl r�p�k or npl�c�the
<br /> ,� : darr�pW a tN+lroy�d Improwm�nb In a manr�utbhctory to L�ntwr. L�ntNr shae,upon uttsl�ctory proof ol such��mditun,p�y or °
<br /> � iqNmdurN Trusta hom ti►�procNd�fa lh�reuon�bN cust ol np�ir or rator�Non N Truitor b nat In d�fault und�r thb DNd ol Truet. Any
<br /> `��"' procwtl�wh�h luiw nol bNn dlsburad wftMn tE0 dayt atl�r tMk naipt and wh�h L�nd�r hn nol committ�d to 11»rsp�ir or r�stordion of _
<br />_= th�Prop�rty tFnN b�uMd 11rst to p�y any�mount owlnp lo I,�nd�r uncMr tMs QMd nf Tru�l,th�n lo p�y axrwd IN�rat,�nd Ihe nmdnder,If =
<br />__ •�'---�F' any,�h�M 1»appM�d to th�prindp�l b�l�na ol If�Ind�6t�dnKS. If L�nd�r hdds�ny proo»��Ilsr payrrNnt In tull of the I�d�bt�dnaa,euch
<br /> ��
<br /> '�,` ' prxMds shaq b�p�lt!to Trutta�s Trueta'c InlKOSts m�y appwr. :
<br />'�������.� ' , ,�Ihd InMx�d M SaN. My un�xpk�d Iruw�nw th�N Inun to tM Mr►MI of,and p�as to,lha purchas�r o}Ihe Properry cowrsd by thla `_
<br />= q�W of Trvat�t�ny huslN'�uN or o1Mr aN hNd unda th�provblons ol thfs DMd of Trust,a�l�ny fonclosurs eal�ol auch Prop�rty.
<br /> r� EXPENOITUR�a SY LENDER. If 7rustor f�lh to compty with�ny provblon of this DNd W Trust,or i1 any�ctlon a proceedinp fa comm�ncsd th�t -
<br /> ;as�s woWd nxlwlaMy�M�ct L�nd�r's Int�ts in the Prop�rty,i.endK on Tnntorf Mh�l}may,6ut�hall not be rsquired to,yke�ny ectlon thal L�ndsr
<br />-��-°--� dMms approprlal�. Any amount that L�nd�r�xp�nd�In w ddnp wlll bwr Inl�t at th�rd�provid�d fa In the Noq hom IM daU Incurted or pald
<br />-- by Und�r to the dat�of npayrt►�nt by Trusta. All such ucp�ns�a,�t Und�r's opHon,wIN (�)be peribb on demend, (b)be sdd�d fo ths bdnnce
<br /> •�°'�f� af tM Not��nd b��pporflonW�morp�nd t»p�y�bN wfih�ny InaWNrr�nt payrrNnb to become dua durinp ellhw (i)the term of any appllcabl�
<br /> -;r.:•�._�.. -. insunna polcy or (N)lh�nrn�lnlr►q t�rm ol lha Nota,u (o)be traated as a balloon payment whfch wi7 be due and payahle at the Note's meturlry, -
<br />,;�-r��„r7� Thb DNd of Tru�t also wIM seeun p1�ym�n1 of lhesa amounb,The riflhts provlded for In this paaqreph shell be In eddition lo any olher rlyhts a any
<br /> --- �w.i�> remWNt to whbh L�ndsr may be enNded on a,ccount o}the default. Any such ectlon by Lender shall not be construed as cudng Ihe defoull so ss to
<br /> ��iw;�.� b1u Lsnd�r kom any nmedy lhat It ofMrwise would h�ve had,
<br /> ^��''��•�'fi+' WARRANTY;DEFENSE O�TITLE. The followlny provisiona relatinp to ownershlp of the Proparly are e pad of this Deed of Trust.
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<br /> --'-1'��'� TflN, Tnutor wuranit that: (qT�ustor hdtb pood and mark�U�bk dri�of rsr,ad to the PropMy In fea slmpw,hM and ciwr of�II Il�ns pnd
<br /> -"-'°s"�• �ncumbranaa dh�r than thos�s�t forth In IM Fiwl Propwty daalpdon or In any NtN Inaunnce pollcy,tltN roport,a Ilrnl tltN opli�lon luu�d In
<br /> M��;irr! :�•
<br /> -,_ ,�___ . hvor of,�nd acaplW by,l.�nd�r In conn�adon wNh thb De�d of Trust,and (b)Trustor hes tM full rlpht,power,nnd athoriry to�x�cu�pn
<br /> _^�.3���•x dMfvw thb DMd ot Trust lo LenrNr. -
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<br /> -=;�n�. WNnM of Title. Subj�ct to th��xaptbn In th�puaqnph abow,Tnntor wart�nls�nd wlll foave►def�nd ttw titl�to th�Prop�rty apldnst tYw
<br />- •."�;,:,�; kwful d�ima of dl persor►�, In fhe�wnt�ny�ctlon or proce�dlrq b commenced th�t queeMons Trustors Htls or ths intsrat of Trus!sa or
<br /> -�r.• •• L�nd�r under thb Desd of Trusl,Trusta ahall d�fond tF►�acdon at Trutta's axpense. Trusta mey be the nomin�l perty In such prxeedinp,bu►
<br /> '�'"a" l.�nder sh�M b�mtltNd to p�rtldpat�In th�pra.wdinp and to be nprsssntsd in Ih�proceodinfl by counsN of L�ndK's own chdce,and
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<br /> T� Trustor wiN dNiwr,or causa to b�Wliversd,to L�ndx such Inshurtwnb u L�nd�r may nqu�st from drtw to tlrtw ta psrrnN such put�ipatlon.
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<br /> ��"""�-- CompN�ne�Wllh L�wa, Truslor wunnts that tfw Properly and Trustor's us� of the Prop�rty complies with ell exlstinq�ppNCa�bk kws,
<br /> � - ordln�nas,and rpWatlons of qovemn»nt�l authortlles.
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<br /> .-,�F� CA!lDEMNATION. TM followlnq provislon�reladnp to cond�mnaMon procasdir►ps an a p�rt of thls Desd of Trust.
<br /> �-_��� • /�ppllC�tlon oi INt ProcNda. If aN a any put ot ttN Propsrly b condemnW by sminant dom�in proceedinys or by +�ny procwdinp or
<br />_ -=M purc,has�In Nsu of condemnatbn,Lender may a!Ib election requlre that eM or�ny patlon of the net proceeds o}the Rward be�pplled to the
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<br /> - ___ •Indebt�dn�sf or Ihs rspalr or restaatlon of the Properry. The net proceeds of thr awud shall mean 1M awud atter pRymonl of aM nesonabk
<br /> �A!�:;� cpsq,�rq�s,�nd attaneys'Nes incurred by Trustae or Lend�r In connectlon with Ihe cond�mnatlon.
<br /> .:.`�'���"� PraMdinps. If any procNdirq In condemrwNon Is AMd,Tnntar�hap prompty notiy LsndK In wrtMnp,�nd Trusta th�B prompty 4k�such
<br /> �,-''�"-�'�� sNps q may b��ry to defsnd ths action and obuin tM award. 7rustor m�y l»1M nominal p�rty In such prna�Qinp,bul Under s1uiN
<br /> ��-__=„ bo�ndtNd to puUc.�ip�t�In the procwdlnp�nd to be npnseMad in ths procNdinp by counsN of ib own chola,and Trusla wlll dellwr or
<br /> ---- caue�to b�dMiwrsd to L�nder such IrtehurtHnb�s may b�nquesl�d by It from Hrrw to dms to psrmit�uch parNclpaUon,
<br /> � �� IMPOSITION OF TAXEB,FEES AtiD CHARGES BY GOVERNMEI6TAL AUTHORITIE3. TM foltowinp provislons ral�linfl to povernmenkl taxss,
<br /> --'==�—= f»s and charpoa an�put of this DNd of Trust:
<br /> ---- .,.,,i,� CU�tMt Tlocq,Fse�urld Chlrpr�. Upon nqu�sl by Lend�r,Trustor shall�x�cuta such dxurtNnb In addiHOn to Ihis Ds�d of Trust�nd faka
<br /> - _µ,;,�L�� whatavK otf►sr�cdon la rpussMd by I.�ndK to pwfsct�nd conBnue Under's INn on ths Rsal PropKty. Trustor shall relmbune Lend�r fa�M
<br /> ='�„�,��� (axq,as dacrib�d bNow,(oy�lher with�II ucp�nsy Incurrad In racwdin9,parfectlnp or conlinuinp lhls Dsed o}Trust,:ncludlny wilhout
<br /> =�o,::.�.y■�
<br /> Ilmitadon�N taltM,tM�,doCWMntary 6tlimps,and other charp�s for reCOidlnp w replstariny thls Daed of Trust.
<br /> T�xN. TM fdlowlnp sMll contdtut�U�x�s to wh►ch thh eectlon applies: (R)a spsclAc tex upon thle fyp�of Dssd of Truat a upon�II or any
<br /> _."_-'",� p�rt of tM Ind�bt�dn�ss s�cund by this DMd of Truat; (b)�spacNic tax on Trusta whbh Tnntor Is authorinsd a rsquind to dsduct bom
<br /> � ?�� pM dd�r of th�ln�tsdnassde�c�d�bnYot�typ�o}a a y�porHon o�f ths�ndsbt ne�wf on paYmsntstof priro p�N nfld IntsratLmaderby
<br />-_--.�r��� Trustor.
<br /> -"'" '"'�� SW�1MM T�fcM. If�ny tax lo wh�h thlt�lon applbs Is�n�ct�d subsaqwnt to tM da1�oi thls D�sd of Trust,thls event shall h�ve th�
<br />- - - t�rr�Nf�ct as�n EwM of D�hult(u dstlnsd bqow),�nd Lsnd�r may exercla�Rny or all of Ms awllebl�nrrNdNs for an Ewnt of O�f�ult�s
<br /> --'—s� prorld�d bNow uMws Trustor dlhK (�)p�Ys tl»4x Mfon It b�comM Wlinqwnf,a (b)conlats tM tuc as provid�d�bow in lM T�xvs�nd
<br /> ._,��� Uxu�Ctlon�nd d�pasHs with L�nd�r cash a a suMcNnt corpont�surNy boM or olh�r sacurity satbfaCtory lo Und�r.
<br /> -"`"'�'"`_� SECURITY AGREEAIENT;FINANCINCi STATEMENTS. TM fdlowir►p provislona rWUny to thls D�ed ot Trust as�secudty�pre�ment uo a port ol
<br />-� ihb L�d of Trutt. -
<br />�"� . �p1Mhl Apr�Mn�nt. 7hk irotrum�nt ehaN consAtut�� a�curlty�yrnrrNnt to th��xlmt any ot th� PropMy constilute�Ibctura or otMr
<br /> �_,,,�� p�,�onat prop�rty,and Lend�a�wN haw�N of tM rlyhb of 4 s�curod p�rty under tM Unlform Comrr►KClal Cod��s arrNndsd kom tlm�lo
<br /> ������� tlrtw.
<br />�� '���� • '.�curity Inbntt. Upon nquat by Land�r,Trustor s1uM�xocut�Ilnandnp staur►Hnts�nd t�k�wlutowr oth�r�ctlon Is requasbd by LonWr -
<br /> '�~_ to pwf�ct nnd condnue Lendars s�curily Intarest In th�R�nts and Peraorul Property. In additlon to recordinp thls Desd of 7nnt In th� reU _
<br />:,,.,.....:}-,, propwty ncord�,Lender mi1y,�t ony Hme 4nd without(urth�r authorintlon h�m Trustor,lll�ex�cutad counbrp4�ts,coplss a rxproductlons of _.
<br /> • �:K: thls Deod of Trust as a flnandnp statortwnt. Trustov shdl rNmburse Und�r ta all uq»nses incurrod in peAactlnp or conNnulnp thfs securly =
<br /> Interest. Upon d�huH,Trustor shall assemble Ihe Personal Propaty In a m�nr»r and at a plaa reuonably convonlent to Trusta and Lendor
<br /> . � and mak�R av��able to Londerwlthin threa(3)days a1t�r reca�pt of written domtnd Bom Lsnder. _
<br /> ' Addrsssei. TM malling addresses of Trusta(debtor)and Lender(aecured party), hom wh�h Informallon concsrnlnfl the securiry Intenst _
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