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<br />11- 0� -1�p0 DEED OF TRUST Pap a
<br />(Conitfixt” 90-4064315a
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<br />hatn Rb T67�
<br />EvWhwm et Payat & orwwr MtM upon demand Wish 10 Lender @&Vda* try eVRSnos of paymat* of the taxes or aessearffertta W4 shalt
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<br />atNforise ft eppropMWsb gwwmwnW off!" to d*m to Lander M any fine a written Man" of " tsxM and aMaetimer is Vain k tM
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<br />Natla at GetfeMtfd" Graz or 00 notify Lender d feats than (15) days betora any work s oomrt ended, arty wVMW are furniM»d. Or IM
<br />ender" are u*pW to 1Na Property, k any rnwherk s fan, melerldmi's Mn, «other Gen could be awarbd on account of the worts, anvb.e,
<br />of tMile and ra CM sn"& 13W 0 (irenlor wM upon MquaM of Landes fasts to Larger advance aePXW$oae aaYMaclay to Lsndu ties
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<br />GrarNOr can end fwi pay the cots of such Nnpro em erft
<br />Oft Dead Tt9M
<br />PROPE1l1Y dhlLhRiE MtstllliYtf`!a. The 1olotMtg provlsbta mwft to ko r" the Property are a part of of
<br />iiallNettefta d N1MtrMOw Qraffbr atfai ptoaw and mfair*akt pogOMa a Ca irettranoe vMgt standard sadertded o_ -- endorprnortea on a
<br />raplaoertteM bastes for the M kfeufaaie Valor ooWrkg al krprovwfwft on the Rwl Prop" M an amount solider* to avoid applcalbn of any
<br />aokfetranoa caaum and %" a standard matgepee dam in favor of Lander, togM w vMth ar t other M=d and fabily kutrartoe ae U nfar
<br />may Mason" fequke, ibidae " be vnthlMrt in farm amounts oovefagaa and beau rewon" aooeptabs m Lender end issl»d by a
<br />Compam «oomparfiaa reaeoaaby aacelptable to Londei, Grafflor, upon request of Lander, will d~ to Lender Ram time to tidies the poldea Of
<br />of hNrernos m tam satiafacbry b Latter. kKIWnO slpuiriona thel oovaragp wli not be cartoaled « drfftnMlfed w*md M sad Len
<br />nofte±t± Gam:
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<br />Ap a MCI- GrarMc shall pmn" rely Lander of any lose « damages to the Propany If the eMYffwd coat of fopak of
<br />lop i Grantor ION O W so W" MM" (15) days of the caau*l. NOW or not
<br />a�1 ewoaede $tif>Q.00. Lender may make Proof of
<br />Landaile security Is knpairsd; Larder may. d Its WKWO. apply the proceeds to th» raxfuctlon of the Indebtednwe, payrtNnt of any ion atlscgrg
<br />the Property, or the r eatrxallon and repair of the Property. It Lender erects b apply the prvoade to reeoradon and repels, Grantor shM repair or
<br />replace itla damaged or destroyed knpromma in a manner a006" to Lander. LWN* shfa upon wMac" Proof of such axpendlMre
<br />pay or mkrlburee Grantor Rom the proceeds for ft reasonable cost of repair or reeeor'aflon If Grantor is not in daefauit under this Dead of Trust
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<br />Mary pmc ode which have not Doerr d sMLM cf wfthira 180 days after their mcalpt and which Lander No not C=m tted m tie repair Of reeRxafton
<br />of Via paoperly shall be usad tars! to pay any amount owirg to Lanier under fhb Dad of Must, than to pay aoaaed intraset ano ft romMnd r. n
<br />any, *hall to applied to the pdndpd balum of the tndebladni a it lamer holds arty proceeds elver payment In tWt of the Indebtedness. such
<br />proeaade Mai be paid to Grantor as Grantors kfMreeba may appear.
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<br />tlnefrpked Insurance at Said. Any unevirod kfaxance shall inure to the bwA M of. and pass lo, the purchaser of the properly covered by thi+
<br />Dead of ThnM at any truebe's sale or otw ads field under the provieions of this D@W of Treat, or d any ibredoare sam of such Poopeny.
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<br />EXPEIOQLIM dV IMMM. 11 Grantor falls to comply with any Provision of thls Dad of Th4 Of g any action of Prooeeding b oonrrwefced that
<br />attest Lender's kaerem in the Prop", Unfor on Grata behalf may. but ahai not be required b, take any action that dander
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<br />deems ,pp Yes Any amount that Lander expands in so doing will beer hAm at the ram charged under the Note from the dale incurred yr Paid
<br />by Larder to the data of repayment by Grantor. , M such eoerMtsee, tl lenders option. will (a) be payable on donwtd. (b) be added le the balance of
<br />the Note and be apportioned among and be payable with any in 2111n ant payments to become des during either (Q fifes sum of any applicable
<br />insurance ranee poicy or (1) the turn alning term of the Nola or (c) be trealad as a balloon payment which will be due and pay" at the Notfas "Wordy.
<br />for in this shall be in addition to any other rigi+M or any
<br />This Deed of Thud also will saaxe payment of theee amounts. The right paovidsd paragraph
<br />remedies to which Lander maybe anlllsd on account of the dulaulL Any wvz, action by Lender ahal not be eotaeued all curing in defidt w • to
<br />bar Lender torn any remedy that it otherwise would have had.
<br />WARRAMIN. MOM OF TITLE. The following provisions mWng to camship of the Property are a part of this Deed of Thmt
<br />Tile. Granw warrants that (a) Grantor holds good met markefthe rift of record to the Property in fee simple. free and clear of all Wn attd
<br />encumbered ogler than those sir forth in the Real Prop" dewipt r a in any title insuranom policy, title report, or final title opink a uttered h
<br />favor of. wt n trod by. Lender in canwa>faon with fhb Dead of Tt W, ad (b) Grantor has the full rlghL power. and auttfority to eooeoulre amt
<br />delver th4a i?aed cA Trust to Lender.
<br />DofenM of TYria 9uftj t to the exoepWn it the perm above, ¢�ra<r+mor warrar,ta and wi forever defend the title to f1.2e Property agairpt the
<br />lawful claims of all pertaoras. In the evens any actcor oc m ouding is coresrfe aced that quraetions Grantor's Mot the Wrim ash of Trustee or Lender
<br />Ur1OOf i1117 %9eti of Ti•cpi, n;QailNr ai.ii aw �.t'e w.w aainv$, w:.�'.w.:nw S .'n"w.. ^Y^ �'�i"� ..�� i`„9 ti'.3 rd^�•T:TM r'^.R,ty in sac ! -mcee 9_nn MR r 9w-W
<br />shag be entitled to partxmaae In the prooseciirSq and„ to fare represented In the proceeding by counsel of L:endePe ecru choice. anfd�Grarrior will
<br />delver. or cam to be delivered, to Lender such xstrrerfarrafts a Lender in" request from *M to time to pemit such panfapation.
<br />Complerws WBh t aw,a, Grantor wso am that the property and Gim"ors use of the property o with M existing appfeabie laws.
<br />ordinances, and regulations of governrme nTal aue rifift
<br />CONDEMNATMI. The folbtrrrrg provisions relating to proceedings in condemnation are a part of this Oeedrmt Tnist
<br />Appioatlora of Nd Prodfooda tf dl or &M part of the Property Is condemned by eminent domain pm=edt. -s or by any Proceeding or purchase
<br />In Neu of oaardarmMbn, Lander may an fps election require that all or any portion of the net proceeds al fm award be applied to the indebtedness
<br />or the rgmaor cw reebre ion of the Prope9ty. The net proow& of the ewwd; swat mean the award after pq+emremt of all reasonable coat, expenses,
<br />and snug m,ps fees neoeeseriy paid or Premed by Grantor. Trustee or Lr d*w in connection with the oomawm7won.
<br />Ps •. 11 try proceeding in condenntatlon b tiled. Grano► shall rA=7 dy notify Lender In wr*jg, and Grantor shag promptfg We such
<br />slaps so nay be neoessafry to defend the action and cbWn the award. Granbr may be the nominal P*V as such proasaffrog, but Lender shall be
<br />entitled 10 paPoeipals in the pnrceering and to be re avmmted in the proceeding by cousaei of its own choice. ant! QOMM +rill deliver Of Cam to
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<br />be dellwood to Leruder such instruments m maybe mquasssd by g borne Des io tin» to pemNl such participation. 1, -
<br />IMPOMM OF TAXES. FEES AND CHARMS BY CAMMMIIIIENTAL AUTM)RiT1ES, The following provisions relating to governmeram goces. fees
<br />and ettarges area a part of fhb Deed of Trust
<br />Camag Taxes„ Fees egad Charges. t4 on request: by Lwder. Grantor shell exeMs ewffh documents In addion to This Geed" ref T7aW. and take
<br />e,!aattiver other action is requested by lender to pedw and continue Lender's rm on the Real Property. Grantor staafi rainbutse LeMer for ail
<br />taros. as dam bed lbellawp, together with al expenses mioun d in recording, peAecti erg orcontinuing this Deed of Trust art xding without imitation
<br />al tomm fee% doeumarNttry stamps. and d.iher charges for recording or registering Base Deed of Trust
<br />Taxw Tees following dial constitute Um to which this section applies: (La). a specific tax upon this type of Deed of Trust or upon all, or any pan
<br />of the tcdebtedness semawl by this Deasy ce Tn nt; (b) a specific tax on. G-waor witich Grantor Is authorized or required to deduct from payments
<br />on the indebtedness sww ed by this type of Deed ct T=Z (c) a tax or Ifts Lype of 0ed of Trust chargeable against the Lander or the holder of
<br />the Nola; and (d) a _,-Va;;o t tax on all or any portion,: of to Mdebtedness or on paimm M. of principal and interest maters ftW Ttrantor.
<br />SQAtssruieeft Taxes. it ra Wsax to which M seetoer midles is enacted subsequent to lye date of this Deed of Trust, t'rt cwvd shall have the same
<br />dtied . eras der. Event of Ce9ouft (as de=fined !below), and Leader may exercise any or all of its available remedies for an 6m.r. ct Delwjl as pxavided
<br />bekaw w1me Grantor either (a) hails the• trac beflaraa It becomes delinquent. or (b) contests the tax as pravpdw above -lit one Taws emit Cif
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