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201604963
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Last modified
7/24/2017 2:52:58 PM
Creation date
8/2/2016 1:18:21 PM
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DEEDS
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201604963
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.... ... ............................................................................................................................................................... <br /> ... .... .................................................................................................... ... ........ . ........... .............. - ..... ..... --- .... <br /> ......................................................................................................................................................................................•----------... ... ...--••---•-----••----••--•-•-•--•--... <br />:�; <br />=:; 2� 1 ��49�3 <br />=:; <br />.., <br />::� <br />.., <br />:� <br /> e <br />�'� <br />:•i <br /> � <br />::I <br />:::; AI!insuran�e palici�s and rene�als�h�rl b�a�C�p��ble����r��ficiary and�hall�r��iud�a 5taradard"rn�r�gag� <br />:::; el�u�e°`�nd,en�h�r�app���a�Ce,"los�pay��elaus�."Trus��rshal��mmedia�elynotif��en�ficiary�f <br />::' canc��l��son�r terrninati�n�f th�insur�nCe.��r�efs�iary shall have$h�righ�t�h�1d th�p�li�i��and <br /> ren�v�als.lf E�n����iary requir�s�Trustor shal��rr�r�nediateiy giv�t�B�n�fi�iary a11 r��eip�5�f p�id prerr�gurr�s <br /> and r�r�e�nral n�ti�ese�J��n l�ss,Tru�tor sha�l gi��ir�nrr»diate n�t�e��a�h�insuran��earr°serand��n�ficiary. <br />_:::; �en�ficia�y rnay rrr�ak�pr�a�of l�s��f n�t r��de innr��dia�e�y�y Trustor. <br />:�:� <br />::::� <br />::::; �1nl�s��$h�r►nrise agr��d ir�vvri�[r�g,all insuran��pro���ds sh�ll be app���d�a th�r�st�r��i�r��r repair of th� <br /> Pr�p�rty�r t�tFr�5�cur�d❑ebt,vvhe�her��not then du�,��Eer�efic�ary's aptior�.Any a�p�i��ti�n�f <br />::::i pr�c�eds t�prin�ipa�shall n��e��r�d�r�astpone�h�due dat��f tFr�seheduled�aym�nt n�r�hang�th� <br />::::i arnvun��f any payrr�en�.Any ex�e��vvil[b��a��d t�th��ran��r.If the Pr�p�rty is a�quired�y Een�fi�iary, <br />:::; <br />::.:; Trus�or°s right���ny insuran��#���i�i�s and pr��e�d�r�sul�ing fr�rr�darr���e t�th�Pr�per�y bef�r�� e <br />::::� ��quisiti�n sha�!pas5 to�en�ficiary t�th�ex$ent�f the S��ured��bt irnmed�a�t�ly bef�re�h� <br />:.:� <br />=:::� ��quisi���n. <br />����' ��. ES�R��61 F�R T'A�CES AND�IIf�IJRANtEo U��I�s�other►n�i�e pro�ided ira�s�pa�°a�e agreem�n�,Tru�t�r <br />::::� <br />���� vv�[I r���b�required t��ay t��enefaci�ry f�ar�ds for taxes and�r�suranee�n��crov�re <br />:::� <br />:::� Z7. FIIVAIV�IAL REP�RTS�IN�ADC��T'i�IVAL���U�[ENTSeTrustorv�rill proo�id�$v Bene�i�iaryup�n <br />:.:.� <br /> reque5t,�ny f�nan����s$a�emen�or informa�i�n��n�fi�iary rnay de�rn r�asonabiy r��cessary.Trust�r agr�es t� <br /> sign,de�iv�r,ar�d file�ny additi�nal d��urr��nts�r��rt�fic�ti�ns�hat�er��fi�iary rnay cvnsider nec�ssary t� <br />:�::; p��f��t,�vn�inu�,and preser��Grant�r's obligati�n��and�r this 5�curs�y Irstrur��nt and��n�fi�iary's i��r� <br />�..� <br />���' status�n�he Prop�r�y. <br />:::; <br />::::; Z�e 3�lNT AtV�INDlVIDL�A�L�A��L�T'Y;�[�-SI�IVERSA SV��ESS�RS AN�ASS��IVS��UNDo AI� <br />::::; du�ies under�his Se�uri�y[nstrurr�ent are j�int and ir�di�idua�.If Trus�ar signs this Se�u�ity in�trum�nt but <br />����s daes n�t sign�n�r�ad�r�c��f d�b�,T�ust�r d��s s��r��y�v mortgag�T'rus��r'�intere§t i�th�P�o�erty�� <br />_:::; 5��ur�payrr��nt�f the S��ured�]eb�and Trus��r d��s r��t�g�e�t��e pers�nally�ia��e�n�h�S�cur�d�eb$a�f <br />:.::; $his S�curity Ir�s�rument seeur�s a gu�rar��y��t�veer���nefE���ry and Tru�t�r,Tru�t�r�gr�es t�wai��any <br /> rights�ha�may pree��nt��nefi�iary frorr��rir�gir�g ar�y a��i�n�r Clairr�agair�st Tru�tor�r any party ir�deb$�d <br />`��' unde�th��bligati�r�.The��rights r��y i�c�ude,�ut ar�nvt�irr�it�d��,any anti-d�fici�n�y�r�n�-a�ti�n�a►n�se ` <br />::::� <br />::::� Trust�r agre�s tha�E�nef��ia�ry arrd any p�rt����hi�5��uri�y lns�rurr��nt rr�ay e�tend,�adify�r ma���ny <br />:.:; �harag�in�h�t�rm��f�his S���a�ity�n�trurn�nt�r ar�y ev�d�n���f deb��ith�ut Trus��r's��s�s�rrot.5u�h a <br />���j char� �wi�l n��relea��Trust�r frarn$h��errns of this 5��uri�y Irastrurr�ent.Th�du�i��and b���fits o�this <br /> 9 <br /> 5ecuri�ry Ins�rurn�nt 5hall bind ar�d b�n�f�t�he su���ss�rs and as5�gr�5�fTrus��rand <br />::::� �en�ficia[. <br /> �3. APPLI�A�LE LAV�';SEVERA��L�TYm IIVT'ERPRET�IT'I�h1e This S�curi�y�r���rum�r��is g�v�rn�d by <br />:::::; �h�lavvs��F th��urisdiction ir�v�hi�h Eene�i�iary is[��a�ed,��c����to�h���ct�nt��h�rviri5e��quired by th� <br />:::::� <br />.:.:.� lavv�of�h�jur��dicti�n►n�here the Pr�p�rty i�I�ca��d.Th��5��urity Ins�rumer�t is��mplet�and ful�y <br />-::::' in�eg�at�de This Se�urity in��rurr��nt may n�t b�arn�nd�d�r r��difi�d by�ral�gre�rn�n�.A�y se��i�n ir�this <br />:::::� <br />:::::� <br /> 5��uri�y lns�rur��n�,a�ta�hrn�nts�vr any agr��rnent rela�ed tv the 5��ured D�bt�hat��nfl��ts�ith app��cabl� <br /> law vv�11 n�t b���F���i���us�1�s�that lavv expr��sly or irnpliediy p�rr�its th�var�a�i�r��by vvrit�en agr��rnento <br /> I�ar�y 5ec�i�n�f this 5��uri�y Instrurnen�Cannot b��nf�r�ed a�c��rd�ng to it5 t�rms,th�t s�c�i�n�vi11 b� <br /> s�vered and vvil!n�t affe��th��nf�r�ea�i�i����'$h�r�nnaind�r��this 5��urit�Instrum�n�.�Ilhen���r us�d, <br />`���' the�ir�gular�hall�n�iude th��aluraB ar�d the piuraC�he singul�r.The�a�tions and headings�f the�ec�ians�f <br />:::::; <br />=���� this Se�uri�y Ir�s�tr�rn�n�ar�f�r c�ra��r�Eer�ce vn�y and are r��t��b�u�ed���n��r�re��r d�firre�h�t�rrns�f thi� <br />:::::; <br />-:::' Se�urity I�s�rurr�en�e Time is�f the ess�nc��n�hi�Se�uri�y In��rur��nt. <br />:::::; <br />::.:, <br />:::::; <br />:::::; <br /> Z4o SU��ESS�R T�LJST'EEQ E�n�fi�iary,at�en�fic�ary's�ption,rr�ay fr�m tim�t�tirn�r�rr��v�T'rust��and <br />:::::; ap��int a su��essor tru�t��w��h�ut a�ny�fher forrr�ality th�n�h�d�signati�n ir�►Nriting.Th��ucc����r tru����, <br />::::a �vi$h�u��ono��yanc�o�fihe Pr���rty,shall su�c�ed to all�h�title,�ow�r ar�d du�ie5��nferr�d up�n Trus��e by <br />:::::3 <br /> �his 5e�u�it�In��rt�rr��nt�nd appli�aPale la�ve � <br />::::; � <br />.., <br />:::::; <br />::::� 25� N�T'i�E.Unl�s�a�h���vise requ�red by��w,any noti���ha��be g��en�y delir��ring it�r by r�naeling it by <br />=���� firs��las�r�ail t��the�ppr�priate par�y's addr�ss�n pag�1 �f th��S�eurity Ins$rur�ent,v�t�any�th�r <br />������ �ddres�d��igna��d in vvritir�g.IV�tic����ne trust�r�viBl b�d�err��d�to be��t��e t��ll�rustors.Tr�s$or and <br />.:., <br /> �er�efi�iary h�r�by request a��py of�r�y r��$i�e of d�faul�,arad a c�py�f any�aoti���f sal�thereund�r,b� <br />::::::� <br /> mailed t��a�h p�rty��the address f�r such party se�for�h�n pag�� �f�his S�c�i�ity <br /> instrur�er��te <br /> �� <br /> _�994 Wolters}Clvwer�inar��ial Serviees-6ank�rs Syst�ms � F�rm U56-R��T N�111�612�12 <br />�:�:�i <br />::�:; <br />::•1 <br />
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