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<br />_ - � ._� COVENANTB �_
<br />_'�;�; 1,p�yma►b, Bo►rowa Wr��� to m�k� �II pWmenu on tha wcured debl when due. lJnle�s Borrower and Lender epree otherwlte, �nV � :
<br /> ' ' p�ymint� 4ender receive�f�om Borrower or 1or Borrowhi'� banellt wlll be epplisd firet to llny emou�te Borrower dwei on tha �ecured debt _
<br /> • • ezciudv�of Intm��t or ptlncip�l,�econd to Intaro�t, end then to p�incipal.If partinl Prepeymerrt of the eecured dnbt ec�ure lor�my ronsan,it will -_._
<br /> not r�ducs or�xcua��ny�ch�dul�d paymsnt u�tll the iecured deht I�pdd in lull.; �
<br />, ' 1,Cl�lm�ApNn�t Titl�. Borrower will pay�II t�xu, nteum�nt�,and other charbec attrlbuteble ta the pr�perty whep due and will defend title =-
<br /> 1
<br /> di(eni,i�whicyh�8orrower mey hiv,ipiln t pi�t�ipwho�upply/ibor�a�r mit�riils to im�ove o��melnt�rin tharpropertyescipn any rlQhts.clelm�or �.
<br /> 3,�nwrM�c�. Borrowor wlll koop lho proporty in3tsrad unler terms accepteble to lenJer et Borrower'� expence �nd for Lender'�benelft. All �_�
<br /> ' . intur�nc�policN�sMll inClud���t�ndud morto�p�cl�u��In}�vor of Undu,l.�nder wi11 b�n�m�d��lo�s psyae or�c the in�urad on any cuch
<br /> imurence policy.Any in�unna prou�d�m�y b��pplkd,within L�ndK's dl�cr�tion, to�Itli�r tha nttontlon or rep�ir ol the d�meqad prop�rty
<br /> `y��,�,; a to ths secured debt, It Lsnder rsquire�morty�0s Imurancs,Bortower�pr�u to malntdn such Inturence for��lonp ae Lendar requlre�.
<br /> a��"' � 4,Prop�rty.Borrower wiA keep the property In pood conditbn md make ell npeln reatonebty necn��ary.
<br /> 6.Exp�nsa.Borrower apreet to p�y oll Lsnder'�expenwe� includinp mron�ble attorneys'fee�,If Borrower bra�k�any covenent�in thi�deed
<br />— .� of t�u�t or in eny o5ltastion �ecured by thl�deed of trust.�orrower wlil pey theae emounts to Lender e�provided in Covenent 8 0}thi�deed of
<br /> trust.
<br /> 111 A,Prlor S�euHty Intw�st�. Unles� Borrower ilnt obttlns Lender'�w►itten consent, Borrower will not meke or permit any chenyes to any prior —
<br /> P . . ' � tecurity intere�ts. Borrower will perfotm all of Borrower'� oblipetiont under any p►lor mortgeps, deed of truit or othu aecurity�pre�ment,
<br /> Includinp Borrower't cov�nant�to m�k�payment� when dus.
<br />-��.� � 1.A�W�nm�nt oi R�nts�nd Profit�.Borrower n�ign�to Lender the renta �nd proffts of the property.Unleza Borrower �nd Lender hevs�preed
<br />-1 otherwise in writiny,F3arower msy collect and retdn the rentc ae lonp a�Borrower is not in defeult. If Borrower def+ulte,Lender, Lender'•
<br />.�'�.`�k:��, Ipplied fint to the ioe�a of rmen�apinmgthe prope�rty includinpdcourtcoiti�,nd ettoineysCfele�tcomm�ei6o�ntorental�enuC�andteny othe�
<br /> �sv.''•�'��• neceuery roleted expnnces.The romelninp amount of reMl will then apply to peymnnte on the�acured dabt ee pravided in Covenant 1.
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<br /> 8.L�ushdds•Co�domidum�;Plar�n�d Unit D�vNopm��t�,Borrower aqree�to comPly witli tlie provisions of any loaso If thie dead of trust la on
<br /> �� l.� , �' �leesehold. If thic deed of trust ia on a unit In e condominium or a plen�ed unit development, Borrower will perform ell of Borrower'a duties
<br />-5��:'��'�+'.'Y�� under the coven��t�,byliwe,or reyulationa af tha condominium or Ql�nnod unit dovelopment,
<br /> ' • 8, Authorfty of L�nd�r to Perform for Borrow�►. If Borrowar feils to periorm eny of Borrower'� dutiei under thi�deed of truat, Lender mty
<br /> '-_,,:;::�:',y� p�rform th�dutisa or c�use them to bs perform�d.Lend�r m�y�Ipn Borcower'�neme or psy any amaunt(f nace�ury(or perform�ncn. If�ny
<br /> y;.� _, ,; eonotructlon on eheproperty i�dlacontinued or rwt curied on in a reuonabl�manner,Lender mey do whstever i�nec�uuy to protect Lender's
<br /> v�.�•..j;� .
<br /> �eaurity Intere�t in the property.Thi�m�y Include comptetinp the con�truction.
<br />�;7^•��+� Lender's feilure to perform will not preclude Lender Irom ezerclNnp any of itt other rlght�under the law or thi�deed of trwt.
<br />."`s' ' '� •��t AnY�mounU paid by Lender to protact Lendor'� oecurity Interett will be mcured by this deed of truet. Such smounta will be due on dem�nd
<br />_�� � �nd will bear intere�t from the date of the peyment untit pdd in full at the interent rote In offoct on the secured dabt.
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<br /> • �`� 10. D�huit�nd Acc�l«�tlon. If Borrower faile to meke eny peymnnt when due or breakc sny covenante under thi� deed of trua ar any
<br /> i;,;s�,;,••,y.. � oblip�tlon�ecure�by thi� deed of trunt'or my p►Ior martgaQe or deed of trust,Lender may eccelerote the maturfty ol the�ecured debt and
<br />::}•-. .;.� demend Immedl�te p�yment�nd m�y Invoka the power ol salo end any other remedies permitted by applicable law.
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<br />.�i,��-?; 11.R�quat ta NoBc�of D�twit.it la hereby rsqw�tetl thet copiee oi tna nofiene� ui Jui.u�t ar�� so�a b�sart ta a..c..R°ss_n h_
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<br /> he�eto,at the eddreas of each such penon,e��et fath herein.
<br />-�'=;KS;��t' 12,PowH of Sd�.If the Lender invokee the power of ule,the Tru�tee eheil firet reeord In the office of the repi�ter of deeda of eech eounty
<br />�:_�;'�;;;':�' � wherein the trust propeny or some part or pucel thereof is eitueted e notice of defeult conteininp the informetion requfrod by law,The Trwtee
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