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<br /> Laan No 7�?564 Continue 7 ;_ - : -.�:
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<br /> A '�. � PR�P6l7Y DAldAGE IAISUWAMCE.The foQOtMng Pmvlsiotr3 re�g to i�rM9 Ute PropeRy ate e D�Of this Oesd of Tiust. .��. - _
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<br /> , `` '_.,`s�. . �ee ot Inswmtee. Trustor shaU pracure end msi�hi poUd�o!ftre insutance wph standsrd e�nded coverage endorsemems on a � <c:��:
<br /> 7 ��:: t � �;=. *epiawmerd ba�s tor the t�Insurabte vatua coverM�g afi Improvemerds on the Reat PropeKY Fn en amo�mt suf8cient to avatd apptk�iion af enyr �,,
<br /> ' `� `� � .z-:�.' eoins�nance dause.artd wtth a sfandard martgagee dauss tn favor of Lendar.to9�er wtth sttct►other harasd and OabffdY insurance es Lender ._:: .:
<br /> may reasonabN�eQu6a PoQdes shaD be wr(tlen in farm.amounLa.coverages and basis reasonabN�P��to Lender and issudd bY a `� ` t ; �:
<br /> �- . � comparry or compantes reesonabty exeptabfe to LenCer. Tnutor.uAon raqvest ot Lender.a�deIIver to Lender from Ume to 9ms tAe paUeiSS ��� ` �' Y
<br /> � : �. _� �. or a�of i�ce in torm satlstaGOry to Lender.indumng stlpWatlons that coverages wm not be car�ceUed or dimi�t�ed witttout at <-�`s, � �F:
<br /> �� .4 L �` teast tea(t0y daY�Pdor wrNten no6ce to Lender. EacA h�suranes PoUoH e�o sha0 inctude an endorsement providteg fhet c�v�sge In favar at - }-- '
<br /> �„. ,.`. t.:fi�r�<-> LenQer w0 not be tmpabed in eny uraY bY enY act.omisston cr defatdi of Tnlstar or a�l oMer person. Tha Real ProPeAY ts located b an etea �`� , t
<br /> '"�''�- - desi9rmnad CY the Ohector of the Federal EmerBeaaY Mana9emer�t a8eiu.Y�8 SP�flood ha�rd erea 7n�stor a�ees to ob�n end . _ • a`
<br />��.. .. .=r- 5G~ maintaln Fedeial Rood Ires�uance for the tu0 unpatd D����ot the toan.uP tc the ma�dmum paRayr OmHs set under the Nallona!Aood � . ;_ �
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<br /> �_. . _ . . , ._�.�'f Y�. Insurance Ptogram.or as oihenxisa requUed by Lender.and to metnfaln such insuranoe tor the tert�at tAe toan. -<'_n:::<_._:��
<br /> � - " EXPB�RtlRES BY L@7D�i. If Tnstor faiis to comPtY wkh e►g►Pmvi�on of this Daed ot Tn�.si.ar H atry ectlon or proceemng Is commenoed that ' ,c `,
<br /> =' _ �'---� would rt�+iallyy aff�t Lendefs tnteresb in the Property.lender on Tirustofs behelt may,but ShaU not be wquhed to,teke eml edlon tnat Lender
<br /> . deems epProD� �Y amount ihat Lender e�ends in so dotn9 w81 bear interest at the iate Pravided for in the(Yole from the date inctared or pald '' ' r
<br /> , .,,;i=.�;� �� *� z.' bY Lendet to ihe Cate of repaSlment by TNStar. AU such eaper�es.at Lendefs aptla�.wiU (a)be paYebie on demand N)6e added ta tt�e batanca ` L�,
<br /> - .E'� . , pt the Note and be eppoNoned among and be payebie wftt�arry tr�aitma�paymenm to become dua durtsg eflher (q th¢term at enY ePPticabte ':` ` w•.
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<br /> � � ..•� �� i�uurance po9cy or (�U►e rsmaining term oi the Note,or (c)be heated as a badoon payr►ient which wiiil be due end payabte at the Notes maturity. ��; �� _ -_
<br /> ns
<br /> ��i s. Thls Oeed of Trust atso wi0 s�ure PaYment of th�e emounts. The righls provtded for tn thls paragraph shaD be in addUOn to any atl��Iphts or ar►y r: r � ,; 7:
<br /> '; ; ,� F . <r3', remr�s to wNch Lendar may Oe entltled on ecca�mt of the defauiL My such actlon by Lender sheu not be cor�sbued�s cudng the defa�dl so as to ';;c£� �`�.
<br /> ��` ` ba�Lend�r imm arry remedy that R otherwise woutd have had. ., ,
<br /> t - - yyppppt�P�y�p�(gB pF TtTLE.The toQOwfng pravtsto�retatfeg to ownoiship oi ths Properly ace a paR of 4his Deed of Trust. `��,:;'
<br /> r,``.�'-.r; _�•t.� �`� TIlIB. TNStor wert8nb that (a)TnistOr hWds goo0 and maAceteble IIUe of record to the ProPeRy in tea sfmple,Uee end dear o!a0 Bens and , ,z.,_`
<br /> • x�• :• . - encumbranoes ather than thase set torth in the Reai PropeRy desalOUon a in arry tllle tnsurance policy,6tlo report,or flnal tttle opinion lssued tn � :'��.�
<br /> � : � ` • - - - favor of.end accepted by,Lender In cmmecdon with this Deed ot Tcust.and (tr)Tn�stor has qte tuii dght,pawer.end suthorHy to mc�ute and - ' ;
<br /> � .�` � i. � deilVe�th(9 080d of TNSt to Lender ` � •i,
<br /> ;;�, .A _ ` � Defense of TRte. Subjec!to the ex�eptton in the pera�apA above.Tn�stot wartants and wUl forever deiend the 5tle to ihe PropeAy egatnst the i�,
<br /> � . 18wf1d C(eims of eD petsonR. �;-c�.
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<br /> �� � ' ., + OEFAULY. F�cA of the ta0owing,ffi tbe opflon of Lender,shall cor�s1itute an everd ot de1sult('EveM ot Defaul!')under th(s Deed of TnrsC "�'��
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<br /> ie° • OetauR on IndeDteQt►es9.FaIIure otTnistorto make enf►qaYmeirt when due an die indebtedness. n �p� _
<br /> _ �y .: ' . . . .�,s .
<br /> '� ' � Defau[t on Other Paymerita. FaRure of Trustor w(thln ths Ume requtred by thls Deed of Tnist to make anlr DaymeM ta ta�ws or insurance.or ,Y
<br /> ,: o f_�`� • _ �;�,`t amr other OaYment�eo�erY to preveM fiAng oi or to eHed dLscharge of arry tlen. �b..- -����'
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<br /> !=_°.,. •,.'. C o m p B a n c e O e f a u i 4 F a i i u re o f T r u s t o r t o w m p ry w(t h a n y other te rt n.obll g a t ion.ca�er�nt or condiBon car►tained In Mis Deed of Tmsl,the �,- �,�.:,���•
<br /> Fa � � -
<br /> 2���� • � �� ;� Note ar in any of the Retated Oocuments. '
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<br /> Defecdve CAltaterail�flot�. This Deed of Tnut or aml ot the Related Documems ceases to be In fuU force 8nd effed Qndu�rtg fe9ure of arry �T.
<br /> �;. ' coitateral documer�to ereate a valid end peAected sacurHy tnterest w Uen)at any Ume and tar eny reason. �. � <-r�z�f`'
<br /> ,,�..:� ` � � _ Deatfi or Insotver�ry. The death ot Trustor,the i�otvenay af Trustor.the appolntment of a�ecetver tw any part of Tnrstars property,arry StitF; '
<br /> { �:: • . , : ; essignmenl for the benefit of aeditors.arry type ot c�editot workoul,or the commencement ot arry Drcc�ng under eny baNwAtaH or � ,, ..
<br /> �}t , n' I�olveney taws by or age(nst Tnistor. �°�.,
<br /> ;. ` Events ABeethtg Que�antot. My ot tiie preced(ng evenis accurs witt►resAed to any Qvarantor ot any W t ha tn de b t e dness a a n y Q u a r a n t o r � �..�T-
<br /> � !' �, dies or becomes Incompeten�or revokes or Cisputes the va8dity of,or li�abitity under.arry Guarenty ot the Indebtedness. Lender,at Hs op�on, .� . .:=�4..::,
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<br /> •:�, may. bu1 shall not be requlred to.Permit the GuarBntats eslete to assume uncond(UOnaUy tAe obI19aUOns sAsing unQer 1h9 gtreranty i�a
<br /> � •'•' � m a n n e r s a tl s f a d o ry t o L e n Q er.and,in doin g so,cure U�e Event of Defau�. �, ` ''' `
<br /> � �Ft„ :
<br /> �� .e � InseCUAty. lsnder in good faitt►Qeems ItseH inseaura ` : :
<br /> �' � RIflHiB AND REMm1ES ON OEFAULT. Upon the occtmence of any Event of Oefault and at eny tlme lhereafter,Trustee or Lender.at IL�opUon, �:' '"x
<br /> , � • may exereise eny one a more W tha tollowing dghb end rame0ta9,In addlUon to any other Aghts or remetlie9 proNded by taw: �( �f� r �
<br /> .�;� � T� Aseeieration upon Qetault;AQQtttonaf Remedtea If any svent o1 defaNt accurs as per the terms af ihe Note secured hereby.Lender may �,
<br /> �� aec�e�e en meebtedness secured by 1NS Oead ot Trust to b9 du9 and paYabte and the 9ame she0 thereupor►becoma dua and payabis w(U�oul _� '
<br /> �� ,.,,::. any presentment,demand,protest a noUce of any klnd.Thereafter.Lender may: :, .
<br /> ', ��.;,. .�, . . . ''�:•,,',
<br /> � �::�:;� (a� Elther in person or by agent�wHh or wlthout bAnging arry edlon or proceeding,ar by e recaiver appolMed by a cowt and wfthou!
<br /> � regard to ihe aQequeay of(b security.enter upon and take ga3session of the ProAetty.a anf►Part thareof,in i�own name or In the name ; :.
<br /> �°'� �' �� oi Tn�stee,and Qo 8ny acls vfilcA B Oeems neoe°,,sery or desirabta to presenre the vaWe,marketebNty or rentabNry ot thePronerty,or peA • ,
<br /> �_, w th or wfthoul
<br /> ' of the PropeRy or lnterest tn the P r o p e R y:lncrease the income irom the Properly or protect tt�e secu�iry ot the Property;and, i
<br /> . �`i�•: , • teWng passesslon of the PropeRy,sue tor or olh0nvise coUec!the renb,b5ues en0 proflb of the Properly,Includin8lhose pest dea and
<br /> - :4?:�•� •�� � • � unpald,and appry the same,less eosb and m�yenses o!operaUOn and coltecUon,inquding ettomeys tees,to 8ny Indebtadness secured .
<br /> • by mis Oeed ot Trust,atl In such order as Lender may determine. The entedng upon end taking possesslon of the PropeAy.the co0ectlon
<br /> '��`�' " ' of suCt�renb.Issues and profib�and the applicaUOn thereof shaU not oure or walva any Oetautt or noUoe ot 0etau1l under U�S Oeed ot Trust _
<br /> Ct
<br /> .is s„� �•,,,'.� or invatldate any acl done in respanse to sueh default or pursuant to sucd notice of detault and,notuNihstanding the eontlnusnce In
<br /> :�{%�?�'�•• ' possession of the Prapertyr or the cotlection,receip!and app�cgtlon of renb.Issues or profib.Tmstee or I.enCer 9heU be eM)tled to
<br /> �-•f= �- .. >� exerdse every dgM pravtded tor in the Note or the Retated Oocumenb or by taw uDon the occuaence of any evenl ot delautt,including the
<br /> • `';`;.�. , . - dght to eaerclse the power o}sete: ' .
<br /> (b) Commence an actlon to toredose thls Deed of Trust as a mortgage,appolnt a recetver or speciflcaly entoroe any of the vovenanb
<br /> ;;�'� ' , • � hereoY,and �g e Trusiofs . , ..
<br /> L��`�"i . ,� i interestiin the Properly t beeso d�uvhicth notice Tru'stee shall cause t bAedufy flled tpre reCOrd In the 8 propdateeofflCes of the County In
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