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<br /> -�~� - � -- 92-07 9�8 {9�D OF TRtJ�T ���`�� ��3 �µ�s' ' �f�. ��_.
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<br /> _�°V` :. ,�.�•` . . `.' tiattoe at�A.Tn�tar sheU naU[y t$nd�e!teasf 5fleen(��QaYg betore a�►Y woAc is eammenoeQ anY 5e�vices ele t�u�ed.a anY
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<br /> _,' ' " - � me��Tnator wID upon requ�Ct�n����ge�"OB���� ��t0�n�otltat Tnbtor Cen Eutd wID • :. , `
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<br /> � ` PROPERTY DAPBACaE INS Sil��ti.��.7'ha toROwtnB Drov�larQ cete5n9 to tnsurh►9 t�F�rOP�f►aie 8 D�ot thts Oesd ot Tntst ' �-� �a - °
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<br /> � . . � ` �f6nee of h�e� TrusEOr sheU P��maUdatn Ooi�s of�re Insuranee wwtthh stanQerd e�dended eo+rera98 endorsemerds an a �.J.s.
<br /> - � replaeemeN hasis f�tha t�Instaahia vskta oa+�ln8 eH Ir�rovemenb on fl�e R�i ProOe�tfl in an amaard sutHdent to avotd ePAUc�on ot enyr
<br /> �tU81tw d8use.8nd�itt1 a 5T8ndetA enaA88aea Ua "we In fevot ot l.en�r.together wBA SuCh O�et'hezard an19 I BnQett�a�nd��5tteaL�bY a .:e.
<br /> � ., _ �,, ma y ressonabh�- PaOdes st+a0 De wrfuen in tortr►.amoutds.t�verag�and basls teasanebty�b
<br />--3��, . . �p�p�t t y�r c o m p a N e s reasa n a b l y aacaA ffi b I s t o l e n Q s r. T r u s t a r.u A o n re Q�l o f L e n d e r.wiU deriver to Lendet irom tima to tlme the po4des s�= _
<br /> i c, � er�ot tasurance in fam s e 4 s t a dory t o L e n d s r.I n d u t D n 9 s t i P�re t h a t c o v e r a S e s v�n o t b e c a n o�ad or m m l N s t�e d w e h o W e! r
<br /> _;�; ` . U teest Lan(10)daYs'Pdar wrtt�n rwtka ta LBnQer. E�cA ir�stuance OcOcY eiso sha0 indude en endaseme�prw��n9�covera9e irt f a v�o t
<br /> L e n d e t w ID n o t b e i rt W s tr e d�e n Y w 8 Y b Y 8�Y S c R o m L s s i o n o r d e t�t at Tnator ar enY oUter Petsan. ShoWd ilte Real Rtaperlf!a�BtsY�e f� � ; ;
<br /> r + , beCOme loce�d In an etea Qesi 9 n e l e d bY t t�e O i r e�o r o f t t i e F e d e r e i E m e r B e r w Y����Y a s a s p e e F 8 1 9 n o d h a m r d e t a a.7 t i e s fi r . - , .-•-`,
<br /> ���,`� �; , - ,'�� d a1 batanCe of th0loan.uP to the ma�dmum Pofit.y Wnits set �•:,• :�:;,-��::-:
<br /> flood tnstcanoe tor the fuA unpet PrbdP .
<br /> ��? g�tn obffiin arld mei�tp fedbual �• '.`.�-- " �`;
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<br /> ��n;, . • und�iha N�onel Flood t��uance Pm�am.or as alnerv�lse�equked by Lende,and to malydshi sueh lr�uance tar tt�e term ot tt�e tosn. ._ f..,_;:°::-
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<br /> _.�r . . `� A�ieation of P�roteeQa Trustor shaU Prart�tlH�otitY Lsnder af anY toss a dema9e W the PraAerty►. Lender maY matce 9roof at loss itTn�stor t`_a ....( .r,�.,::.
<br /> ��: . . " �s t�ts to do so vvitNn fifteen(t��ys ot ttte cesualtY•iM�ett�et or not LBn Q e�3 S e�r i l Y is ImPatred.Lender maR et G9 elec5on,�ceiveettd reffiin ; t '`,
<br /> ,s:�;: : � 1�p►o�s af eaY�r��aanoe and apPh�D���ihe reduc�on a!the In�ebEodness.P��of e6!►�en eftectlng Uie P�OP�7l.�n� ::
<br /> N L�sd�etec�to eDOh�D�ds to restarallon and�epab.TnaEor sha9 re0air or�ep�i�e .. , c.,.<
<br /> M Lendet. lend�sha4.e►pon Sa�dafl Prooi � �`-��
<br />-��; -- ,�-= `- _'. ` f �on artd r�ab ot tloa Properh• of sueA e�en6fiuey PaY� .._:�.:.':,,,._ ,
<br /> ��, . �' ��r.�.. damaged a�Yed�mDrovemords tn a msnnet�N ��7ntstar b not in defaidt under tNs Oeed ot Tnat Acry �. ft::��•
<br /> - <r .::� . -- reimbwse Tn�tor lrom the P���the reasar�hl0 cost ot�apatr ar restnraHo
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<br /> � efter tAelr�!and whlch LenOer has nat comr�ed to ttEe�ai►ot�on of r��-�,,"
<br /> 4.4. praeeeQs wNct�have nol b�n disbu�sed wfltdn 180 daYs aoQUed t�erest.end the�ert�stnder.U - ,,`:..�
<br /> bo used 6rst to eay amaurd ow►n9 to Lender under Ws Oesd of T��r PY nt in hdl at tlie Indebte�fness.sueA
<br /> ��,- I I !he����p����af the tnde5tedness. If Lender hoiQ.4 anY p ayrrte _ '�,::
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<br /> " !� �`.:. : 4. , � pra�sheA ba paid toTncstor es Tnatofs tMeresb may eppear.
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<br /> oavered bY thts `.
<br /> ���.'��-:• . r ;; � �IS�p N�nce ffi SEte.MY�rte��d it�sutance ShaU intoe to ttte pene�of.8nd p85s to.the ptudtaser ot��R�� �_.
<br /> �` r • - " � Deed atTn�t at enY tr�s sata ur ofher sate lietd wd�the pravtsions of th�Oeed otTrust.ot at anyr foredasure , ,� i1",��,:
<br /> . - Oceb18 iaw,Lender maY nqu6e Tnstor to�wNh lendsr� ��:. ` �._ �,�
<br /> .` TA1I Al�ID WSURAI�[CE RESBiV�- S1�lect ta e+ry�mt�tlor�s set bY 8PA rds ot a �`° '• • ��`--`
<br /> �? � ' tor of ennual tmces.assessmenb,and iasurance Dremiums.wl�h ceserv6s shall be aeated by advanoe Psyma�ar mo�Nll PeY►� �,�__-
<br /> =�~ _... . ,_. .�:,.;, PaY►ne^� a m o w d s af least e Q u a i to the t�res.s�+ertls.an0 i�wanw premfums to be paid � :a�;_�
<br /> f .��: � . , � •-a3 Su�serva flmds Sh U be hetd bY�e Be�d�osft ham Ttustor.wldch Lender maY satisty bY DeY�rd ot Uie tm�es.e�b• ---
<br /> � to be P�d bY Ttuslor as theY��due. Ler�r sAall have the�gtd to draw upon Uie reserve tunds M paY� ,.r` � ,,t •_
<br /> � ��'., �LenOet shell nat be�equtred to dsL�e the valtdflY a►eav�!►ot e�f►Ue�n befare Oa�+9 d- NatFd�9 in the Oeed af Tnt��aD be . , �l r r
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<br /> R may do or omB t� "'` _� :
<br /> ''�� • .,t� ��rigbued es cequ�tn8 LenQer to advanoa oit�er mantes for sueh Du�D�and IanQer sha8 nai U�a u e�g►�ab H f l�l t� F.r � =
<br />-��'E. .c � do wBA resp9Ct10 tlfe tew�ve eCCAtAd. Subleet W e�ry QslttaUoc�set by BppOcBbte t8w.if the�erve tunds disd�e 8 shodBgB a d68Cier�eY.TnffiOr � .
<br /> b Lender. AO amou�s tn ihe ceserva saourd�e hereby p�edgea to fuRhes seatus Uie �-.,.<�
<br /> ���� s h a U p 9 y s 1 t e h S A o�o r Q e l f d e n e Y es�e�d Y
<br /> •r ' ` .- lnQeCtedness.an0 LenQer is heleby aufhaized�draw�on�reserve tun�un[ess ce bQuVed bY����d�Y��er�dm wr�ng. �s '�',
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<br /> �^ pefautL Lender el�e0 not be re�ed to�aY anN
<br /> '�:1�{,i � � : {,ender Qoes aot Rotd the reserve tun�in trust tor Tn�tor.end Lender b not Tcustors agent tar payme�of ihs t�ws ena assessme�teQt�red to . ., .,
<br /> �r''f :
<br /> ' �. � be Datd by Tn�tOr. ,' '
<br /> �s��; ' FxRBiiDITURES BY LERCBi. tf Tnutor fa�s to camPN�enf►Provlston ot thb O�d of Tn�st.or N atry ectlon or proeeemn9 ts eomme�eed that :�.
<br /> r''�ii:• ... ;� wa�Rd materlaDY eHed Lendefs interesis in the P�pmtY•f.ender on TnStors bet�sH may.6v1 sf+a0 nol be requhed t0.�e1►Y�n that Lender •�
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<br /> � _ . �'' deecns eDDroA��!I amount that Lender e�ends tn so doing vd0 beer interest at the rate O�ed for tn irta Note Kom t1�date tnctured or palA ., `, - ::`
<br />_ ���:i . ` - bY Lender to Uie date of repaY��by Tnutar. AO sucfi e�enses.at tende�'s c09on.wiil (a)be PaY�ie on demanQ N)be added to the balarree :;5;.,..._;,
<br /> ;'•_�r of the lYOta end be aDD O t 6 o r i e d a m a n 8 a n d h e P a f�l e w i t h a n Y I n s t a l t m e�p a Y meiAs to beeome Que ducing eRher (q the�rm at enY eAP��� •,:':i;'_-
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<br /> �` r' .� '.: �This QeeO of�Tnsi eo wAI sec�se PaY�M o these amout�i��.7he righ P�ded(orpn U��a pera9�D„�be te adm9 o n bto 8rg►oth�r�b� • .,
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<br /> s-:,,: , nmeQia3 to wNeA Lender may be errtitted on eccount of ihe defautt AnY sucri adton bY LenQer st�all nat be wnsbued as curin9 the de�so es to �.,�;Y;,•:
<br /> : �x,.,,,.
<br /> ' . � :. bar LenQer frem enY uemeEf►ihaf H athen�ise waWd have had. . .:.
<br /> :` :,� . ` WAiiRAtiTY:0�OF TIiLB. The IoROwin9 O�ons r�m ox�e�ot the Prop�tY ere a PeA ot this Oeed ot Tn�st :�._� �'�,,,.'
<br /> . . :1 Tltbe.Tnstor wamanfs tha� (a)Tn�t holdti 8�end rtiaAc6tebte t tl t e a f ceear d t o t h e P r a A�Y M fea s i m 010.Nea and cteer d a0 Qans ertd �. 4•,
<br /> ' . '
<br /> eneurtmrc�es a�her tt�an those set foAA tn the Re9!ProDe�lY desatPflon or in anY 6Ua lasurance Oo�•ti98 repal,ar flnet fiH9 oAtnton Issued In �,
<br /> . • � � de�tiver�ttlU9 Q����L�e�td in connectlon w(th this Qeed of Trusl.and (b)Tnutor has tha tu0 ttghl.Oowet�ana atdhadiy►to�oBeute en0 ' "
<br /> � �.,.� �tenm9 Of TfIIB. Subleel to ihe e�ep�on in the Oeia6�Ph above�TnlsGor wacranb aad vum to�ever detend tlie�ite to tAe FroAeRY ag��1� .
<br /> - ,�. " ! tawhd dairt�01 aD Oersans. In Uie everd enY ecdan cr prooeemng�commanoed thal Q�Itoris TnsLOIe tlU9 or tha I�ot TrusteB cr -
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<br />. .� r� . . � Lender under thts O�ed af Tn�st.Ti�tor shaU defer►0 U�e aeaon at Tnutors expense. Trusta may be b eourge�m nEers���ana _ .
<br /> j;": . . � �ender snan be e�t►ea to oertbdo���he a�o o e�►n 8 a n o t o b e�e v�^�d�n tna P��"9 y .
<br /> ,':.�- . . �..-::�� Tnstor w0 de�rer.or cause to be de¢vered.to Lender sucN tnsbvme�es LenQer may request trom tlme to 6m9 to permH sueh p a A k�p a a cn. .
<br /> i';:=.' . . . . . Campltpnoe Wttif LttWe. TntstOr warranb th911h9 PropeAy end Ttustor9 us9 ot iTte Pro�eRy ComDQes witt�aU e�fin9 eyPlie8ble law9. • ,
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<br /> f�f•1, . � or6nanoes.ana�eg�da8ar�s of govemme�l euthwit�s.
<br /> .�:�.:. <, COtsDE1J1NATI0af.The fo��9 Dravt�ons reta9n9 ta condemna9on prooae�n�are e PeA ot ihLs Dead of Trt�st.
<br /> _ AppIICetlCn of ttet Procseda- It e0 or enY OaA o!the ProPertY b condemned bY emteenl domain prooeedings or bY t�rtll P�ding a
<br /> '�:.t;.. . ' , �: .`c, purehase In Oeu ot eonQemnaSan.Lsnder may at ib eleeHon requlre that aD w anY OoRiOn of the net Praceeds ot ihe award bo�Dreasanahts `
<br /> . .. .;r Indebtednes9 ot th9 tepeU or resto�ation ot the�+�Pe�H. ��prooeeds ot the avtard shaU mean the eward aftet paymer► .
<br /> ' ;�: . . � ���e�,�nd atta,msys�feas ineurted by Trustee or Lender in conneeUOn with the condemnaflon.
<br /> • ''1 . ' p�.p�g g, �t any Orooeeding!n conQemneBan Is fited,Trusta stiell PromDgY noUty LenQer In vrttHng,end Tnstor sheU PromplN fake such
<br /> '. • � In sucb prooeeEtng.Out Lendar shall �•. , �
<br /> . � st�ps as maY be neoessary b d e t e n d t h e a c 9 o n a n d o C t a t n t h e a w a r d. T n s t o r m a Y b e the nominal OaM .
<br /> � be en81190 to particlpata�n the Dtaceemng entl to be reP��d�the proeeedin9 bY u►unsel 01 i19 own C h o l o B.a n d T r u s t o r v�Q B U v e t w l
<br /> W-`-,:°:. . . • it from tlme to Ume to Permit sueh parBdDalloa . .
<br /> _;'��• �� causa to ba deIIvered to Lende.sueA instrumenb as meY be requested Dl►
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<br /> �' ' � I M P O S i T t O N OG T A)0�9,�AAQa CHARGES BY 60VFAHMENTAL AI�MORiTIES. The tottowi�g Provislons relaUng to 8ovemmental taxes. . . .
<br /> `.;' '' fa�end C h e r B e s ere e P8r1 of thl9 Qeed ot Trust
<br /> �
<br /> �i'{::,..`'�' ' Wrrenf Tmces.Fees end d�arSe�. �Aon requesl Dy lendsr.Trusta sha�exac u t e suc b dac u m e n b i n a Tn�stor sha0 relmbwse Isnder for eU
<br /> � '�,; � vvhataver other acUon is re4uested by Lertder to pmf�1 end eontlnue Lendefs Uen on the Reat PropeAY• .
<br /> �. ts�cgs,es daspmed b�ow.together with efl expertises Incurred in reCOrding.D�^9 a�08ed ot Tnut ead ot Tnuf.i�d�sd��►9 r+�� ;
<br /> V limit&tlon sti te�o9s.feas,QoCUme+AarY s1amP9.end other cltivgos tor reCOr�ng ar regisffirt�9 �
<br /> �_`;:,`,. ' tax upon thts type of Deed of Trust a upan aU or erty .
<br /> T�oa th�lottoxring shall cortsUhrte texes to whlcA Ws seclton eqD� (e)e sDeaflc
<br /> �'���•�:`.� paA ot u� inCeb�dness secured bY�Oeed of Trust (b)e s0edtto tex on Tn�stor wtiteh Trustor�8utho�a4 or re4�to ttedud�'om . .
<br /> :.n�.�; ._ . . .
<br /> � pnymems on tho Indebtednes9 sacured bY th��YDe��°�T� (c)e tax on thls tyDe ot Qe�!of Trust et�argeab►e e9alnst fhe Lander or _
<br /> :.y: :, tt�e hotder af lhe Note:8nd (d)e speciftc t2x on eA ar any pardon of the IndeDtedness or on paymenb of pri�ip8i end�rtteres!made bY
<br /> p ' Tnntot.
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<br /> SuESequeM Tmtes). If any tex to wrtleh tnis se�UOn ap0��8�ed subss4uent to the date of thls Deed of Trusl.lNS event Sh�D heve t►�e
<br /> • �`..,' . 5t�rne gtteCt es e�Event of Default(8s deflned De�owL end Lender may exen�ss e�Y or ali of its avaitabie remedss for an Event of Ostauit as
<br /> i �•`.•� proWdaC below untess Tnisto�eithor (a)pay5lfle tax betor9�t EecOme9 delinque�t.or (b}�ontests MB tax as pt0+�dee ebOVa m the TaxeS and
<br /> ��•�� • l�gns sgCtion and de0�K�th Leader cash or e suffieient corporate sureN Dond or otner secunry 5atis�aetory to Lander.
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