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<br /> " �' DE@p OF TRUST �$_ �13U4�
<br /> � �� 12-31-1998 (Contlnuedy
<br />�� ��. •�` Lo�n No 8b7698 �t`�'
<br /> �� �,`-��
<br /> �,' G lo pay,ao lony�s I.ender's Interest In the Property is nol�SOp�rdized. II�N�n 1lrish or ie�led u o rauN of nonp�ym�nt,'fru�tor th�M wNMn _
<br /> " i,6 AIINn(16)d4ys aRe�he�bn erlses or,ff e Nen h BNd,wNbin AMNn(16)d�ys�f1N Trusta has noticl of tM Illlny,secure t1w dlschup�ol th� =_----
<br /> �,� Ikn,a if nqwstsd hy L�nder,deposit with lender cash u�suMcMnt corpont�surety hond or omer secur�ry�mf.c�«y io��ndw In a� Yv
<br /> amount sufflcbnl t4 discharpe the lien plus any cosb�nd ettorneys'Nss a other chupes Ihat could eccrue es�rasult of�faeclosur�a sale �f`_
<br /> , i�",�, u�cMr 1F�Ihn. In�ny conlast,Truslor eh�ll d�Mnd Ik�eN and I.�nd�r and shdl sallsty anY acivKSa Judflmenl belore snforc�meM�pRinst Ihs u.-
<br /> Propwty. Trusta sh�M nama Lender as�n addiNonal obliq�e under�nY 6unty bond fixnFshld In Itw cattesl procMdinqs•
<br /> EvWM1C�of P�ym�nt. Trustor sFuY upon domand lurnlsh to Lender snttsfeetory eNdanco ot p�yrnenl of the taxes or essessmenls and shall �i__
<br /> w a�thor►za lh��pproprlate povernrrNntal ofM1clal fo dWver tu UndK at any tlme n wdttqn slatem�nt oI the laxes�nd�ssessmenis opainsl ihe �
<br /> n..'^?c�'r'••'�i PropKty • =
<br /> ' Npqa p��pnqruCqpn. Trustor sh+ll noHty L�ndsr d I�ast IfMs�n(16)d�ys befas any wak is comrMnced�anY serv�c�s are furnlsMd,a anY L
<br /> ,nN�rl�IS�n supplf�d to Ihe Property,II any rcaclunb'e INn, rru�M�lalrrNn's Nen, a otMr INn codd be sss�rtsd on account o1 tM worlc,
<br /> swvkys,or rtutarials. Trustor will upon reques►ol Undar furnfsh to l:�nder advancs�ssunrece�satishctory to Lsnder Ihat Trustor un�nd wiN
<br />_. � .� p�y ths cost of such Improvements. ' _
<br /> pqppERTY DAMAGE INBURANCE. The fdlowiny provlsiorts relaHnq ta Incuring the Property ere a put ollhis Deed of TrusL `
<br /> IN�In�enanc�o}Inwr�nce. Trusla sFuN prceure�nd m�nlaln poNd�s ol fk�Insunnc��h+n�namoun s�uf6cb t fo�vdd�pp��d��Y
<br /> . repi�Cem�nt basfs Ia tha full Insur�bb vUue covxl�M I�rhvwrrt d L��������h othr hwrd�nd NabNfly Iraur�na a�t LMCMr
<br /> . � cdmur�ncs claus���nd with a sqndard mor1W9�
<br /> rru�y nasonaby nquk�. Pdicbs shaN M w�itlan in form,�mounb;cown�s and basb reatonaDH ac�Pt+bM to L�nda and bsu�d by a
<br /> or�cMHfc�Ma of Ipr�s�nce In torbm ca�tls!ctay to Und�r�indudlnp WIPukHons1thtl cownWr M mt b�uncNlsd d min h�d witho�it
<br />-` ,• �' Isast t�n(10)days'pAor wriNen noYCa la Lender. E�ch Insunna poMcY�ko shaM Indud�an mddNr*►�nt providiny tlut covKap�In hvor d
<br /> �� lender wiN nol be Impelrad In any way by any�c1,omission or dshult ol Trustor a any other ps�son• Should th�R�I Prop�rty�t�ny Mrr» i
<br /> becorrw located In�n uaa dssiyiyted by lFw Dkeclor ol lhe�ada«I Em�rp�ncy Mannyomanl l�enry as n s(�1 Ilood luurd ua�,Tnnta
<br /> � apwes lo obtaln and malntaln Federel Flood Insunnc��or�h�tuN�^P�b D�^��pal balance ol�F�e ba^�uP�o lM m�xlmum poNCy MmNs sN
<br /> under lhe Nadonal Flood Insurance Propram,a as olherwlss rsQukad by Lender,and to R�InWn such insurana for tFM��m of 1M lo�n,
<br /> AppllcMlon of PraNdi• Trustor sl�all promptly nolity Lender of any loss or damape to th� Property Lend�r rru�Y mak�Proof of loss M Trusta
<br /> `.4, falls lo do so wNhin fiftaon(15)days of Ih�caswHy.Wh�lhsr or not Lend�r's 6�cudry Is Impalr�d,LMder may�at its eNcdon,r�aiw and ntsin
<br /> ' the proceeds of any Insurenco and aPP�ylf �onder�electa toe pplyu the P�xeedsd°����°��pak,�Trustor sh�ih rep���or��ipkc� �hs
<br /> •>;�r:;,;" rator�Hon and rspolr ot the Property
<br /> -. .�' ,..,� d�,nspad or dostroyed ImproverrMnts in a rtwnner sarishctory lo Lender. Under shaN,upoe sat�kkctory proof of such�xp�ndNUr�,pay or
<br /> .�- ;' relmbursn Trustor hom the proce�ds la►he reasoneble cost ot repalr or restorstlon if Trusta b nd In d�Mull und�r thfs Used of Tnlst. Any
<br /> prpceeds wh�h have not been disbursed wilhin 180 days atter thelr recelpl end whkh Under hts tat commHted to th�rep�k or rKtontlon of
<br /> . the Pr�operty shal Ibd t�heflprincipU belence ol lhe nid�ebted eness. I(L�der hdds any pr�oCeeds afllr paymsnl�n tuM d Ihe Indebtedn�sl�suCh
<br /> any,s �PP
<br /> . � .,,�� procaods shaA be poid to Trustor�s Trustor's Inieresls may�ppear•
<br /> _ ����=�yr���e���. p�y�m�xplred Insurance shell Inurs to ihe beneHt of,and p4ss�o, tM pu%ser of the Prop�rly covor�d by thb
<br /> De�d of Trusl at any truslee's sab or olher sale huld under ihe provislons ot this�ired ui irusi,u a.�y,a..�..-�.e--�"^!R!rh Froo�ly.
<br /> ' ".Y`,�' D(PENDITURES 8V LEtIDER. if Tnnlor bils to comply wHh any pro N s:on o l l h i s D e e d o f T�u s t,a i f a n y o c t l o n o r F r o c M d i r q Is comm�nad tMl
<br />-`�.�"�1���r woWd mat�Ny lflecl Lender's Interesls In the Property,lender on Trustor's belulf rru�y,bul shal not a �eqWred to,Udc��ny�cNon tle�l Ls�dK
<br />•#��'�"'�''��' r riab. An �mount that Lender expends In so ddnp will bwr Intxast d lM rat�provld�d la In th�Nob kom th�daM Incurnd or W�d
<br /> s,�":- dYSms aPP oP 1'
<br />_.'�,�_ by Lsnder to the date of repaymenl byTrusta. All such sxpenses,at Lendar's option,wiN (a)be p�YabM on dsmand, (b)b�add�d to tM nc�
<br /> s of the Note�nd b�apportloned emonp and be pryebb wlih any InsfaNment p�yments to bkortw dua du�inq eNher (�)lhr term of�ny�ppMc�bl�
<br /> ;`..r,.�''...� Insuranc�poACy or (N)the nmalninp krm of lhe Not�,a (c)bs Inabd���baMOOn p�yrrNnt whkh wilbe du��nd payabw d tM Now's m�turNy.
<br />�`,�'�+„j,;:;n 7his pMd e1 Trust also wiN s�cure paymenl ot tM�w amounfs, The riqhts providsd fa In Ihls p�rapnph�haM be In addHlon to�ny othK rfphl�or any
<br /> �,'?'�+;;;�. ' rerr»dNs io wMch Lend�r may bu en6lkd oe acc0unt of 1M dehuM. Any such�cAOn by Lsndlr sNN ndbe conSU1»d as curirq Ih�dNaull s0 ws 10
<br /> r:,' :.•t••�.. bu LsndK kom eny remsdy that Il olherwise would haw had.
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<br /> rovlsiom rel�nnp to owners►+�P ot rh�Propwty w s p�rt of thfs Dwd a Trus.
<br /> • •_�;.,,.y WARRANTY;DEFENSE OF TITLE. ihe toMOwirq P N fe�slmpN�kN end d�er ol�N M��nd
<br />-�:w`'`s:",:�" `�. TItN. Trustor w�rtants that: (a)Trusta hdds pood snd rru�rketabN tlrie of record l0 1M Prop�rty
<br /> - " �`�" � encumbrances other tFuin those set fath In tM RKI Property dsscriPdon or In any tflls Insu�ance pdcY.tltl�nPat�or Ana�Mt�opinion ksu�d In
<br /> °'--�'-�� f�vor of,and�cc�pted bY�lsnda in connectlon wNh this Daed ol Trust,and (b)Tn�sta has Ihs Id riqht,PowM,and aulhorMy to�x�aM�nd
<br /> °''��'�=�1 doNwr thls D�ed of Trust to lender.
<br />��^�'�
<br /> ._;,.�, p�}�ms of THN. SubJwl to tM lxcepdon in the panpreph above,Triator warrenh anA wiM lorevr W1snd tM t��o tM Prop�ry�pdnst
<br /> _`"°' Iawhil cl�ims of aq parsons. In the event�ny acHon or proceedirq Is commenad thd qu�stlom T'nntor's Gtl� a ih�S t�ns�t of�p'b�
<br /> m R�y�• L�rtda'under tt�is Desd of Trusl,Trusta s1u�N deNnd ths ectlon a1 Trustor's ezpsns�• Trusta may a the nominal puty
<br /> :=``y��' ��;, L�nd�r shaN b��ntlded ta Pa►tldPa�e In tlw procsedirp and fo be repres�nted In tM proasdirq by eounsN d Und�r'a own ahda, �nd
<br /> Trustor wMl dNiw►.or cause to he deMvered,to Lender such InstrurrMnts as�endK�Y n4����n�to MrM to pKmN suCh putkip�Non.
<br /> ^'�"',r� ' ��WHh L�w�. Trusla wuranh lhst the Properly nnd Trustor's use oi 1M PrapartyCamplies with aN sxbHrp�ppllc�bl� lawt,
<br /> ����ia;;�. ordinancas,nnd rpulaHons ot qovernmental authalties.
<br /> "=:-�-': " COMOEMNATION. Ths foNOwinp provfsions relaAng to condemnaHon proceed�rqs are a pad of tNS De�d of Trust.
<br /> �=�a+sr•.���s�
<br />- w:�-n , �ppllcNion of Net Proceeds. If an or any part of tho PropertY!s cond�mned by�minMl danain prawdinys or by�ny prx�finp or
<br />_��.Q...- . purch�se In Ueu of condemnation,Lender may tl Its�laction nquire that aM a�ny p�n d tt�e at procesds ol tM awud W�ppwd to MM
<br /> ,�"'. Indebtedness or the repafr or reslorntion ol lhe PropEr!y. TM net procaeds of iM awud sMl r�wn ttw awud�f1sr paymsnt d�N rworabM
<br /> - �����psns�,,���d�naneys'lees incurred by Trustee or Lender In conrwcMon wHh lM condernaHon.
<br /> prpce�dinpa. If any proCeedirq In condemnaNOn is fibd,Trustor shaM p�omptly notity Lendlr in writinp�and Trustor sh�q promptly Lke suCh
<br /> steps ss mey be r�ecessary to defend the eclion and obtaln lhe awsrd. Trustor mey b��he�ami^�P��Y�^S�h proce�dinp,but LM�dsr shaM
<br /> be entifled to psrtii.9pate in lhe proceediny nnd to be represented In the proceednp by counssl W Ns own chdc�,and Trusta wiN d�liwr a
<br /> � � ceuse�o be delivered�o I.ender such instromenh as msy be reclues�ed by it from dme lo tirr.�io pMmtl such P��tlCiP��^•
<br /> IMPOSITIOM OF TAXES,FE�S ANO CNAHGES BY GOYEFtNMENTAL AUTHOR�TIES. The�d�owinp provislons reiatirp to povsrnrtNn41 tuus,
<br /> � l fees and ch�rpas aro�p��1 of this Deed ol Trust: "
<br /> .i � I CuRent 7�xes,Feas and Charpes. Upon request by Lender.Trustor shaN executa such dau�nts�n����tshaM reim�bu�rsa e 1ndar�ta nN
<br /> � whalsvar oth6r eCtion is reques�ed by Lender to perlocl and continua LendK's INn on Ihe RMI Properiy
<br /> . �
<br /> faxes��s described beiow, toqether with aA expense9 InCURed �� �e�ad��9� P��bn� a con6nuinp thfs Deed of Trust, InduWrp wNhout
<br /> IimilaHO�aA laxes,tees�dceumentary stamps,and other charpes for recadfrW or reqislerin9lNS Oead of Trus.
<br /> � t;�: � � tax up on Ihis type of DNd of Trust or upon Ni a�nY
<br /> � T�x�s. The fdlowirp shaA conslitule taxes to�vhfch th►s secHon app��on Tr�usta whkh Truslor K��haiz+d or reQt�d to d�duci hom
<br /> part of the Indebtedness secured by this Desd ol Trust; (b)�speC b e Inst the LMder or
<br /> � --•---......�ti.�.,�w,t�nwss saeured bi►►�ts MPa of Deed of Trust� (a)a tax on tMs type of Obd ol Trust charps�b �
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<br /> ��..�� ..,,,.�.,��fe ot ori�ioal and IMerest made by
<br /> - — w,.��..._......._...--- -•-- •-
<br /> ,..�_,. _ . .
<br /> tno hdder of the Note; end (d) a sPec�f�c lax on an a eny pamon rn��.���•���--r-
<br /> • Tr�stor.
<br /> SuAeequent T�xes. If any t�to whk:h Ih�s seC��on applies Is enacled subseque�l�o tha d+te cl thK Deed Of 7rus1,ihfs evenf sh�A hww
<br /> pro de be�ow unless Trus aet�ther (ea Da�the�tax bef eLlbecomes de�nq nt a(b)corttesls the tax s p�ded«ibovA In tM ruc�es a�d
<br /> Uens seC��on and deposifs wilh Lender cash o!o suMdent curporute Surory bond or olher seCUrirysatis�actory to Lender.
<br /> SECUFi�7Y AGREEt�AENT;FINANCING STATEMENTS. The following ProWSlans relaling lo this Daed o!Tru�l as a secwity opreemant ue a pul ol
<br /> this Deed al Trust.
<br /> � $eCUrity AyreemMt. This instrument s��all Constdule e secu�ity aqrttemenl lo the oxtenl any of Ihe Property co�slilutes fixiures o� othet
<br /> , persanal property,end Lender shall have all al Ihe riglits ol e seCUred party under Ihe Un�lorm Commercial Cade as amended kam time fo
<br /> lim9.
<br />' lp per}ecl and co�l nue lende s st�'Lnly�inlerostt nr ihelRens and Persiaral tProp aa add5onhto recadi gehisoDeed of Trt►s�nythen�ed
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