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<br /> _t 1. Paymcsrtn. Sortower agreas to meke aU paymenta on the seeured debt whe� due. Untess Bonowe� and Leader agres otherwise. anY ��* �''z
<br /> �,,. . �5�;• payments Lender receives from Bortower a Tot Bortowet's beneftt wi{!de aPO��ed first to any amounts BoROwer owea on the seaAeA debt .,, .? .
<br /> -->:�+� .:` . •�4 �� exetusive of interest or principa1.saeond w Ir�terest.and tAen to prinayal.lf partial PrepaVmera of the secu►ed debt oa�rs tor any reason,it wilt . .z
<br /> - .. � : ::<� �ot reduea or exWSO anY s�heEided DeYmeM unt7 tlfe seeured debt is paid m futl.
<br /> :�'• « '' 2.Qaiea Agalnat TEtfe.Borrower witt 081f aU taxes.assessmerns.and othet ehar9as attributabte to Me property when due end wiU detend tiUe v-4°� .'
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<br /> � s -� ;'• ; to ths properiy aga�r�t a�ry daims whiM woutd impair the Gsn ot this Qeed of trust lessder may reQuae Borcower to assign arry righta,daims or : :`+ �t ��{...
<br /> _.-„r . � } e`.:_" defenses wAIcA Batrowe�may Asve e8ah�st Pariles tiuho suDD�Y laDw ot materiais tn improve or mai�tain the D►cGe►tY• '��. ; .
<br /> " :k`. ,: •k.' 3.tresurer�eo.Bertawer wiil keep the praDertY insured und�terms aceeptable to Lender at Bortower's expense and for Lendera Denefrt. AU ` �,. ,
<br /> .;�',` ..�. . . � � inBUrenCe policies ahall include a standard mortgage dause in favor of Lender.Lender will be rtamed as loss payee or as the insuted on eny such . .
<br /> insuranee poGey MY insurante proCeeds may 6o eppGed.�vitfiin Lendera disaetion.to either the restaation a repair of the dameged ptaperty ; . k..
<br /> �- y, ` —`" or to the seaued debt.tf Lendar requires mortgage�nsur��ce.Borcosve��ees to maiMain such insurance for as long es Lender requves. _ 4 _
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<br /> p , J�` ; 4.Peaperql.8orrower wili keep tfie OroDe►tY in good w�dition and make a!1 repaiss reasonsblY ne�essarY•
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<br /> . � 6.6�.Borrowe�a es w pay utt LenQer's e�enses.i�duding reasonebte attomeys'fees,if Bomower breafca any coveRanu in this deed .--. ,
<br /> `;. ' . ..,�k ot t�nist or m arry obti on secured by this deed of trust.Bortower wnlf paY lhesa amounta to Lender as provided in Covenant 9 of tltis deed o! ,..:�,,._,`
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<br /> 8.P�iot SewrFql b�us�.Unless Borrower first obtainS Lertder's writte�consem.Botrower v+n11 not make or permit arry d�artSes to any P►�ar •:.� � �.,,
<br /> � �'" nor mortga9a, deed af trust m other Eecuriry agreemem.
<br /> Y t=: �ir�tergst9.Borrower wip perMrm all ot Bonower's obligationa under arry D ,:' s�'. �.
<br />� : _ N ' �'` incluQing Bortower's cavenantc to mat�e paymertts when due. �. " ^ ,
<br /> ` � 7.A s s i�rtment o f R e n t s e n d P r a t h s.B o r r o w e r a s s i 8 n s t o L e n d e r t h e r e M S a n d p m fi t a o f t h e P!a pe r t y.LJntsss Bortawer and LBnQer have agreed ,�,�` �C° : .�:
<br /> ` .`` atherwrse in writing. B o rtow e r m a y c o S i a c t a n d r e t a i n t h e r o m s es fon g as Bortcwer is not m detauR. It 8arrawer de f eu l t s. L en der. L e n d e r's '•
<br /> "� aSent.or a court aPpoirtted reoeiver may teke possession a�d manage the D►oPBnY and wltect the rerts.My rerrts Lender ca 0ects s h a i l h e ;.�f _ q•..
<br /> �.� � .. ` �,.•,',, apptied first m t11e costs of managing the propertY.induding conrt oosts and attarn�eon•the seaue0 de�bt�a�s�ov�ided io��vena t tam�� "� ,
<br /> ,, . �ec�ssmy related expenses.fie rematning amouM of re�wil!tAen apply tn paVme
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<br />�`':�>, ~t'�r` 8.Leasetwids:Candomtniutns:Planned Unit OByelopmerts.Bortower agrees_to compiy witlf the provisior�of any lease if this deed of trust is on ; .� �•...,`,;- _;.
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<br /> a Sorrs.vat witl pastarm aU of 8ocrower's Quties �,•.
<br /> .;��' . . _�'k e leasehotd.N this desd of trust is on a unit in a�sdo:tdni�m os a plaasua urrit evalapm.eeu. � '�T
<br /> 4, under tAe covenartts.Ey-tawa•or regedatlo�of the condmrtinium os Olanned unit Qevetopmern. � 1 —
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<br /> ''� ' 9.Autl�ariN of LanQer to Perfaen tor Bortower.If Bartuwer fa+ls toy eriorm arry of Bortower's dutles under thES deed of trust.Lender may "`` �,�;
<br />'�".` �'_..''; ...� `:.:�' yettortn tha d�tiea m�se tlism to be pertarmed.lender ma1!s�Bonower's rtarae or palt enY amowst if neeasseN for performance.If any► 4 ... ,�'-
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<br /> -=�T constructton on the property is d'acortinued or not cartied on in a reasonable manner.Lender may do whatevet is necessarY to Protect Le�ders _, ,�,; �::,
<br /> - sea�ritY iruerest m the Prupertl►.This may indude eompieting the cansduction. 4 :.^
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<br /> ��. . • ¢ ; Lenders faiime to pe►torm wHl not predude Lender irom exercising eny of its other righte under the Iaw or this deed ot trust. :; '� � �
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<br /> �s`r ' ��•� ` ,� �. My amowrta pafd by Lender to protect Le�Eer's searily inierest w81 be sewred by this deed of trust.Such amowrts will be dae on demand f - �,�,a
<br /> �- : •a-c-•;-�- -�f end un'll bear irtetest ttom the dato of the Dfi�ent uttUl paid'm fu0 at the i�terest rate in etteet on the secured deDi. ��
<br /> �� � ' �' 70. Detmih and Aee�era8an- If Borrower tails to make any paymert when due or breaks any covenaMS unde►thts deed of uwt or arry - � '
<br /> • of ths seared debt and ti+s
<br /> ���' �� �`t �`- obdgation setwed by this deed of uust or arry prfor mortgage or deed of uusL Lendet may accelerate the maLuritY •• i �;-..�.
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<br /> � - ` � delnand immediate paymert and may inwice the powet of sate and any other reme�es pennitted by appticabte law. ��.,�.1,_s_
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<br />_�t�;.:.:� ,. �• , .�. 11.Ete�toa No�ee ot QefetM.It is heceby tequested that eopies of tAe notices ot defautt and sate 6e sem to each person who is a Darty , r ,� �-
<br /> �< • ..:� hereto,et the address ot each sucfi Derson,aa sat foAh herein. ::�,, ,-;z;.�,:
<br /> ' ' h 1Z,pcwet of SaTe.ff the Lender imokes the power at sate,the Tnutee ahalt first record in the oiftce ot the register of daeds of each countl► ��:' y r�''"'r
<br /> F ` � ' wheretn the uust proDeKY ar some part or parce�thereof is situated a rtotiCe of dafauri cornainin9 the informapon raquired by law.The Trustee o �.�" ;
<br /> +;:` - shall also mail copies of the rtatice of defauk to the Bortower,w each pe:son who is a part�l hereto,and to otRer persor�s as prescribed bV '� , ;
<br /> .: s not in anv .� r. �.;�,,.`;
<br /> appHcahte law.Not leas than one morrtA after the Trustea recatds the notice of defa�t,or two mocrtn.s if tAe fiist pruP�Y t , r..i.
<br /> � • ` �'.`;: incorporated cky or viRage aed is usad in fatming aperetians cartied on by the uustar.th e Trustee shaft give pubRc notFce of sale W the persans �'�..
<br /> ,g.,s:, and in the manner pJesaibed bv spDOlicable Ww.Trustee,without demanA on Bonower,shatl setl Ufe properiy et pubfic auctioa to the Aighest
<br /> bi0der.If re�rired W the Farm Nomestead Proteetion Act.Trostes sha0 offe�the property in two separete sales as requhed tN appfie9ble Ww. � �" '
<br /> }+':�G , . .� Trustee mey posKpone sale ot all or any parcel of tha property by puhGc armounceme�t at the time and plaee of amr previousiy ached+ited sale. ,:�' ��tr;;"_
<br /> ,; Lender or its dasignee may p�chase the property at any sale.
<br /> ���{� " Upon rece'�pt of payment of the prica Aid,Trustee shatl deliver to the purehaser Trustee's deed eonveYing the property.The reeitlals eo�lned in '%,'-
<br /> � � ' `�<• Trustee's deed ehaU be prima fade evidienee of tfie Wth of the statemems cerrta�ned therein.Trtistee shall apDN the proceeds ot ths sale in the
<br />-r�',;"� . . .,.-.
<br /> , totlovring ordor: la1 � �t��� ot the aalo, irteluding. buL not limitad to, rEasonable Trustee'� taas,raa:ossahla attomeys tees nnd :..'�__�
<br /> ' relnstatessl8nt fees:lb)to aU sums secured by this deed of trus�,and!cl the�afance,if any,to the petsons Ieg�N errtitled to reeeiva it• :�;.4,_
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<br /> �'°'' . � 18.FareCWsute.At Lenders option,this QeeO of Uust may be torectosed in the manner provlde by appl'icabfe Iaw tor toredosure ot moRgages
<br /> J� �. ;'.c 3.
<br /> g f.. - ., on�eal ProDenY•
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<br /> � ,s. t4.Uisyeadon.Lender may ertet the proDertY to inspeet it it lender 9ives Bortower notice beforehanQ The notice must state the reasona6le .�,�
<br /> ,�. , . : y; cause tor Lender's inspeetion.
<br /> � ` � tg,OpnQmrmadon.Bonower assigns to lsnde►the�toeeeds ot ay►V award or cWim tor damages eonneeted wilh a eondemnation or other taking
<br /> � :!�� � o f a l l or a r ry p 8 r t ot the pmpetty.SueA proceeQs will Ee aP0Ue4 as D�ovtded in Covenarrt 1•Thls assignme�t is subject to the terms�ot eny ptlor
<br /> ,� : : securiil►aSreemecrt. •
<br /> ��_.�,�. 1g,Wnlvgt.By exerdsiag anV remedy availabte to lender.Lender does not giva up any tights to later use arry othel temedy. BY nOt exercisln9 n '`' .
<br /> � arry remedy upon Borcower's defautt.6ender does not waive any right to later eons�Qer the event a defautt if it hepPe�again.
<br /> ��;; ': 77. JaUrt m�0 8evor�Ua6ffiLV:Co-slgnero: Sueeessors rind Ass1ID+s Bound. AII duties under tlds Qeed of wst ate joiat and severai. Arry : _ •
<br /> �'-- "" " ,• � - Bortower who co-signs thi9 dead of uust but does �ot co-sign ths undertving debt irtstrumentls) does eo only to grant and cornay that
<br /> �4��`5'� � Borcower's Irrterest tn the propettV to the Trostee unde�the terms of this deed of bust•In addiUon,such a Bonower a9►ees Mat t►�e Lendot and
<br />: ,?:.,., . . .
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<br /> �! ,- �. ' any o t her Banower under thts deed o!Vust may extend,modlty or make any other chanaes in the terms of this deed of trust or the sewred
<br /> �`�'• t � . . � debt without thal8ortower's consent and without reteasing that Bonower hom the terms of th�s deed o f trust ._ .
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<br /> "''`""` � The duNes and benetits of this deed of trust ahall bind and beaei'n the sutcessore and assigns W Lender and Borrowet.
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<br /> � :�•` � 18.Notlee.Unleas otherwise required�y law,any notiee to Borrower sAall be glven by delivering it or by mailing it by ceniEied mmI addressed to
<br /> ?< �� . � � ' � � Bonower at the propeRY edd►es9 or any other address that Bonower hasg�ven to Lender. Barrower wdl g�ve any natice to Lender by certrfied .
<br /> .`"'�,'� . . � boase t torlendars aadress ea stated onipage 1 of thls deed of tru tthef adQress which Lender has designated.Aoy other notice to LenOer shall
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<br /> ����•,. • � Qrry notice shall be deemed to have bgen given to Bonower or Lender when given in the manner atated above. .
<br /> n�� c, � � . . .
<br />.-T�.j�•�. .. . . . ..
<br /> 19.T�Q�p}�pr�ny dr a gano�qa�ryrterest in tha Bonowa.If all or any Dan of the proverty ar any Interest in it is sold or tronsfened
<br /> �`�:,':;:• ' wlthaut Lender's pNOr wntten conseot, Lender may demand immediate paymerrt of the secur9d debt. Lendor may also demand immediate ,
<br /> a�;:,•,z � payment if tha Bonowe►io rtot a naturat person and a benelicial Inierest in the Borrower is sotd or trans(e�red. Ftowever,lender may not
<br /> �' ' � demand DaYment in the above situations�f it is prohibited by federa�law as of the date of th�s deed of ttust.
<br /> ����t� ' 20.Reconveyanao. When the ob6gation secured by th�s deed of ttust has been paid,and Londer has no funher oEtigaeon to make advanees '.
<br /> �;•.';�, �. under the msWments or agteemertc secured by this deed ot irust,tRe Trustae ahall,upon written request by the Lender, rewnvey the Vust
<br /> - . � propertV• The Lender shalt doliver to the Bonower,or to 9orrower's successor�n mtarest.tfie ttust deed and the note or olher evidence of tAe
<br /> '�! q ' oDhgObon so sabsfied.8orrowe�sAatl Oay any recordation Cost9. j
<br /> '€�'� . . `:j 21. Suetessar Trwte9. Lender, at Lender's o t�on. may remove Trustee and appomt a suceessor t►ustee by fitst, mailing a copy ot the E
<br /> ' substrtuNon of trostee es required by applicabte Paw.and then,by tiling the substituiton of trustee tor record m the ofhte of tne reg�ster of deeds i
<br /> 4__..:�:�' , . ' � 01 eath eounty�n which th0 Vu9t D►operty,or some part thereof.�e srtuated.The successor ttustee, wrthout comreysnee of the Oroperry.shall , :
<br /> succced to atl the powar,dutses,authonty an0 titte o1 the Trustee namod in the deed of ttust and of anV successor trustee.
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