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<br /> � 1. pnyme�. Boaower a�ees to matce aU paymenis on Me see�ed deht when due. Unlesa 8orruwer anQ Lertder agrea othervdse. atry v .;r , ..
<br /> �`.�- . �:- payme�Lender cecelves irom�rmwer ar for Botrower'a bm�0fit wiD be apptied fust to anY ainounta Borrower owea an the seaaed debt ,. :-
<br /> � �` n ; exetus�va ot interest or prEndDa1.seoond to�'��r�t,�and�►en to�irod��•H partlal OreDaYme�t of tAe seaned debt oeaae for anY reasan.it wUl ��rt. .,T_},.. --�:1x-.•
<br /> i not reEuce N exaesa mtiH geha�i�ded PaqmBM ui�Ul the sewrad deDt is patd in futl. : � � `,
<br /> � , propesty . ,
<br /> 2.C(aTms A�tnat TMa.Botrow�wUi OaN•ail ffixes.�essessmeats.and other t�erges amibutaAte to the eartawer m assign er►Y �ms a► YE� �
<br /> r ; ���p�ty �y qsims wAid�wmdd tmpair Cie tien ot this dead of trust Lender msY egufre '. 4`.
<br /> ., �:Y. detenses ixhfeA nOwer nuy have aga.in�tt parttes wfw suDAh►IaEor a materiele w improve or mairtain the psapenY• � " '`
<br /> `` `� 3,(ns�uanm.Bartower wifl kee�the 0►cPeRtY insured�aMer tertns acceptabTe to lender s!Bortowe�s o�essse and tor Lendefs EenefR.All �. �` _
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<br /> r�, ins�aanee pntides shaA(ndude a standard mo�c�ae a����ia ae s�e�m�er`�`"meed��esm�ton o�ev�ot�ihe a�a9 a��.op m ` =� ` _''
<br /> . t: y insurence poi'iey.Any iasurance D���y �ree.Barrower agrees w mair�in sueh insauane9 for as long as i,ender reQuires. �
<br /> r s or to the seeured deGi.tf Lender�ea marc8898 5,-';:
<br /> � -y.J.,�-,�'�. 4.PropeRY.Barrawer wiil keep the propertV in good oonditian and make a0 rePairs reasonahhl��►Y- n -
<br /> _-`�;�«_- 6.Fspm�aes.Bnrtouver a m Qay aU Lenders e�er►ses,indud'mg reasona.Ole attomeys'fees.if Barrower Oreaks er►y eovanartCs m this Qced r�--
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<br /> -�` "t, of uust or(n any obGg on sec�ued W tNs deed of ous!-Bartower wID paY tlsese amowfts to Lender as provtdad in Covenart 9 of tNs deed of F t w ".`,;'�.:
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<br /> �`r<"� B.prlar Sa�EtY t�tea�s-Untess Ba�rower fust obtaina Lender's written m�M.BortmNer wal not ma�a or permn e�ry ehanSes m enY P� .r_ . , ta
<br /> '`' security 4�oerests.8ortowm w1t pertorm a!1 a!Bortower's obGgaUans under anY Prlor moneeSe. deed of Vust ar other seeurityr agteemenL t . ` ':
<br /> `� inctudmg Bnrtower's covesiants w make DaY+ne�when Que. �y � S
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<br /> � r i �:�' 7.AssigM,t�t of Rartts emd Rrafita B oaower a s s igns t o L a n d e r t h e r e M S a n d p r o f i t a a f t t re p r o p e r t Y.U n i e s s B o rt o w e r and Lertder Aave a�eed '`}s ` (.�° i _r
<br /> �,•;� otP�erwise u�wrfUng.Barrower maY eaRec[and retain tt�e rertts as(ong as Bwrower�s not in detauh.If Borruwer dafauna.les�der.Lendefe + �
<br /> ' �:3 ageM.m a eautt eAAuittted reeetver may take Ocssession end mana8e the prcDerty and cNteet trie rerta. My reMS Lender cotlects sha11 be ��. �E
<br /> aDD�ied fhst to ffie costs oi mana9�8!�P1OPenY•indudmg court costs and atmmsys'tees,cornmissions to re�tat agarrts. and enY other
<br /> T`� rts on the secured debt as provided in Covenant 1. -�z
<br /> necessary►elated expenses.The remaicung amount ot rerrts wiil then appiy to paYme F F ,� �s y.._;
<br /> . ._ 2 r h`' 8.�laS6�Sd8'COt1�A�IIi�'P�ffiff[6d Ufdt OCY�O�`60�6VY81a�es 40 pty VIf11111hB P�OYI8�0f18 df 8il�t l865B H 111�8 Q@8d Ot VOSt IS Otl �4° a - `
<br /> • a teaseMtd.M thts deed of mist is on a unii in a wndon�m or a pfanned unit devefopmerR.Bartuwer w81 pertarm
<br /> 8U O}BOROVY@r8 dIJ�@S °��tt� ._...
<br /> � '� �mder the eavenabs,bWawe•or regi+laUons of tAe oondo a pianned�mit developmeRt- � f
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<br /> � 9.Autho�itfl M tender to F�one��►�.��O���TO��,.�°�&moweYs duaes undar thls deed ot trw"t,tander maY � ` -
<br /> � y. Dettartn tha�ties m cause them to he pertarmed LenQer maY s(� s name or pay sny amourt it ttecesce�Y fa�DeAormanee.K anY
<br /> - �� eonatruction on the�op ertp is disco�tinued or nai csrried oo in a reasonahte mmmer.Lender may do wtiatever Is nseessary to Omtea LenQefs 6 �-V.
<br />_. -�� . �ec�ai�y i�t in tfie propertl/.This may indude eompleUng tne eonstrucdon. --- -__- -
<br /> _ .,' �.u:�� Lender's ta7we to Pedaim wai nat�edude Lender i►om euerdsfn9 er►Y of its other�i9Ms under the law or thEs deed of uust. . _ ' ����'
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<br /> � : prry amourts Caid by lander to Oratect L e n de ra seau i q!�wilf he seaued b11 tlils dead of t�n�st-Such amouMS ar�l En due on demand
<br /> •�.� + `:' and whSl beat ittterest tmm tAB Qate ot tlie Paymeat until pa[d in tuU at ffis iMerest�ate in eftoCt an the seau6d da6L � _
<br /> ... La-� 1�lTetautt mtd Aee�era6On-(t BortaWe►f+90s to meke eaY OaymeM when due a 6reats any Govenarts unde►ttds deed of ttust or a�ry �`���� - �
<br /> r 's" obGpation seaued 6y tAls deed of uust ar arry pHa martgaSe or daed of Uvst.lender maf►aaelerate the mauaiql ot the secure0 QeEt end ` <F- _
<br /> ` .: Qemand 6mmed'rate payment and maU invoke the P�►ot sate end enY ather remedes permitmd bl►eDD��e faw. w�,..�
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<br /> . -,.�..�--';x 11.Rs@�est tm Ho@a ot Oofaide.It is herebY reque�d 1l�t coP�of the na8ees of detauft and sate ba sent to each Oeraon who is a partil - - .-
<br /> `� � '-` het8to.at the adCress of eaefi sueh Peraon.es set tortb hetein. _-
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<br /> >,.,{ 12.Oawer af Sate.if tlte leeder inwkas ths power of sate,the Tnistea sha0 fust racard'a�the afNee of 9�e register of deeQs nf ea�oo�unV -
<br /> ..�. wherein the vust ProDen1►or some part or parcel thereof is siwated a nndce of defautt oor�ining the intar�rration�equ�d b!I taw.Tha Tmstea ` ,��
<br /> � . �•;;,Y at�a�atso maa eoPtes ot tha�otioe of Qetault to ths Bartawer,to eseh parsan wM is a partSl fisr8[o.end to other persam as oresen�e� --
<br /> appL�aple iaw.IVot less tha�one mo�rch after the Tnistae reeords the nartice of defa�dt er two morrths if�Sa uust O�G�1l�s nat in �.
<br /> ineorparsted city ar v�llags and is used in fetmingoyeranorts carrled an Ey tlFa fi�stor.the fn+stee sfiail�0�6c aotiee of sale to tha persons ac��►,
<br /> - - and in the manne►prest�.r�e0 by aPDPtlr.abfe taw.7�e.wfthout demand on Bartawer.aha11 seD tBe Prop�at p�6c auGion ta tt�AiBhest . ,�- _
<br /> btddet.N required Dy the Ferm Hort�estead Proteetion Aet.Tw^tee shatl oNer the PtoDertY ta two separata- ea(es es require0 bY aDD�eabie taw.
<br /> _ Tnutee a!a!I PostDOne sala of aA or ar►Y Parcel of the DraP�Y bY Wbf�c aruwuncement at the tme and Dtace of anV 0�++��ll scReQUted sate. r ..�`, ;•.��
<br /> J�, lender or rta Qestgnee may Durehase the proparty at antl sete• ..:�-:�#�--
<br /> f' Upon recei�of paym era of the priea b10.Tnstee shaU det'wer w the purchaser Tnistee's deed eonveyin9 the D�oD�1l.me reatials eaMained in . c -
<br /> a ' Trustee�s deed eha11 be prime tacte evideaee of the Wth of tt►e statemerKa eonWtned therein.Trustea shall apply the Proceeds ot the sata�tles ��!�'
<br /> ' -;' tollowing arder: la) to ail e�enses of the sate, inctuQ'mg. but nat I'anited m, reasona0le Tnistae's tees,reasonahte attamet/s lees and �
<br /> ' " reutatatemerR fees:lb)m ail sums seaued hY this deed of trus4 and fe)the balanee,ii enY,to the Oersons fegairyl emitleA w reeeive(t. .�-=
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<br />'`i- . ' � �eabte law fo�taredasute of mortgaBes '•:`;:'" '--
<br /> :.i .-' •�• -'�=i;, 13,Faredosute.At Lendefs option,tAts deed o!trust may be foteetased in U�9 manner provtQe 6y app •:�_. -
<br /> r on real GropeRY- _-'"
<br /> • �,4,(nsp�tnn Lender may ente�tAa Gro�Y to inspeet it it lenQer�ves Borrower notice 6etorehand.The notiee must state the teasonabte "-
<br /> ,, ,� � • eause fot LenQee's insDecdan.
<br />,�`�:'j;: : 16.Ca�ee.Borrower�i�ns w i.ender dte,proeeeds of ar�ll award ar daim for damagss connaeted with a oonQemnateow ar other taking _
<br /> af a6 ot a+N Oa»W the C�o08n1/.�ueh Oraeaeds wil16e aDPGeO as Or�ed in Covenant 1.TNs assi9mnewt is subteet to tlfa terms ot anY G� �'_,
<br /> . - ; seauiN agreement-
<br /> . ' .'�f' 18.WaIue�.BH exerc�ing anY remed�avadabta to LenQet.lender does rat 9�uP�►tt�ts to later uss etry other rerrtedV.Ety nat e�cerclslnH ,. . '
<br /> � ' . mrv�eaY uDon Barrowera Qefauh.Lende►duas not waivn enY right to tater wns+dar ths evertt a QefauN A rt naaDens 88aIn• •
<br /> t' f... 1 7..t�n i a n d S e+re r� L�e�� S��fD mid Assigns Baun�d IAil EuBes�mt�r 1NS dead of uust are joirtt and saveral. ArN
<br /> Bortawet wtw easigns this d ot vust but duss rwt ao�si9n the�dea6�T EeOt i n s o u me r rt t s)d a e s s o a n t y t o�ar i t a rt d e o m e Y t A a t '�
<br /> . . • Banowera trteres!in the Property to the►Trustee vrtEer tre�t�e►m,�ys�of this o ous�t.h I�n a�dsd"rtia�.sueA a Bonower agrees tAat tAe lender artd .
<br /> ' � � • ' dept w�'nhau�trt�Ho�s eo���uvt re��ng t h a t B o rt o�w a�i i r�o m tl�t e r m s o i t t ti s dee d�tr u s t this Qeed of trust a fhe seaued _ .:
<br />;.;, : ' - � �i: .
<br /> �S. ; � . - =� The disties and beneCAS ot tli1�Qeed of trust sfla11 Etnd and benefit ths sucoessars a n A a s s i S a a o f L e n Q e,r a n d B a rt o w e�. � •��_.� _
<br /> . '� 18.t1la9ea Unless otAe+adse required by taw.anY�oUee to Barrower sNaU Ee glven Dy Qetivering it ar by mai�6ig it by ee�ea mail addressed to
<br /> Bortower et the propeitY ad�ess orarry other address that Bonower has 9iven to LeNder.Bartower wdf giva antl notiee to Lender by eerORed
<br /> '.�s . : �,,,a to ts„aers addrass on page�W thi9 dee�of th�Qeed of Wst. ►���eh lenQer has Qesi�ated.Arry ather notice te Lerute►sAall .
<br /> i he cem to lenEers ad�ress as stated on pa8e � ,'
<br /> . .,
<br /> ��: ' ' � Amr notice sha0 he Qeemed to have Ceen given to Baaower er Lender when given in the mann�►sinted abave. •
<br /> �'.� .. . ' 18.Tranalet o!the 7ra�ereY m a Bm�a8de1 trR�t fn Qm 8a+tawe►.(f al!ar any part of the propeny ar aml interest in it b sotd ar orensterred . .
<br /> . ��. withaut lendeda Dtia� written epr�serte. LertQer ma�r Qema�immediate ofirtnorrt of tl+e searred deLt LenRer maY atso domaM immedate .
<br /> " payrreeM i1 the Baaower lv not a nari[ta1 pe►son and a 6enefrcial i�Kerest in tfle Barrower is sotA or ttansterred.Howover. leadsr may not • �. .
<br /> . demand Dayment;n the above situations H rt is Orohibited Dy teQerai taw as of tha Qate ot tNs deed of Lrust. , . .
<br /> � ' 20.Re�nveYm�es 41lhen tAe a6figation seque0 bV th�s Qeed of trnst has been paid.artd Lende�has no nuC�er oDiigatian to make advanees �. .. �
<br /> i uMer the ms4�uments or egreemenie secured by this deed of trust, the T�ustee shatl. upon written request 6y U+e le�dor, recomrev the tru.st
<br /> proDenll• Zfle le^ae►shao deiiver to the 6orrower,or to Bonower's sueeessor m mte►est,tRe truet deed and tT�e note ae othoe o�denee of the
<br /> .- � . , o6hganan so satrsfied.Borrower shall paY any►ecordaban costs.
<br /> ,]•'. � . . .
<br /> '4 21, SueeesKm Tntstae�.Lender, at lender's opbon, may iemove Trustes anA aD�a+m a sueeeasor mLStea by fvat, ma�ting a capy of tt�e
<br /> � ' S�pst�a�a}�s�e eg�e4�d�g0 Dy ep0�iea0lo taw,and then,bv�ng tRe subsbtution o1 ttsiistee tor rawed in the offiee af tf�a reg�ster of deods ,
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<br /> ot each tounty m vu�ieh Me trust pra4e►fY•a►same part Mereof.�s situatad.7Re successor trustea,vvitt�out ea�►veYartce of tlie v�oDeRY.st�ali � �
<br /> -�, ' suceeed to all the power.duues.auMority anC atte of tne Trustee named in t1+e deed of vust and v1 any suseessoi trustee.
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