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<br />�'4��5. ,"."� ' t�. ",�:.�tF tlili9 tO 6R19�10 pO8CI89 W O�Of IttSitl'8tIC9 hl t01fi189�OtY t018ttd0t,ltlCbl@f�8$p1�8fl0f6 E�C6V6f8g8S Wlll R0�b8 C9ttC01l8d Of �``: . '�.:�.:,�; �
<br /> -- �,��: �1md witAou!et least ten(t03�Ddaar wtt�en noBee to Lender. Each inst¢anee poIlcy►etso ShaD Ut�tude an endaiseme�OrovJdin9 that �':,-. °- .°` .'.
<br /> � f txuerage§►f8vot�tender wIll not oe i�eh�d in enf►�eraY bN emY eet.om�slon ar d�faNt ot Trtufar or acry alher person. Shoutd the Reai ' `
<br /> � Ptopsrty at any Ume becoma toeatsd in an erea Qestgnated by tt�e Otraetor of the Federal Eme�gencyr ManaSement ASency as a s0e�ftood ,� ` < ;- �
<br />_;�:;� .:•< �..<°'::±. hemrd erca.T�agrees to obt�ai�and mairdaln Federel Rood insurance for the tW unpaid pdndpel baianc�ot tAe toen.uA to ths ma�dmum ':"�.. . .:�
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<br /> �:; � ` ��.� �"` P�Y ihMs sot underthe Nafi�oeal Road Instaanoe P��an4 or as o�9�eQW►ed DY Lender,and to msil�in such tnsurarzca for the temi ot -"�� 4 F , :
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<br /> y� � � MA�n at ProeeeQe.TrtsO�shaD P�mAaY��Y Lender ot e�►Y tass�damaSe to tl�e Property. Lendsr�nay make proot of tass H Tnutor �� � • �
<br /> - - faib to do so wiWa fifteen(tb7 days ot the casuatty. Whether or not Lender's secwttY is tmPainsd.len�er may.ai as etec9on.reeetve end refeln . ` 4 .� .
<br /> �•..,� tAa proceeds of erry htsuranoe and eDAty the prooeeds to the wdwdion of the IndebteQness.RaYmertt af arry 6en aNecdn9 the ProPertY.ar the
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<br /> «,.�,�� �stota9on er�d tepeit ot U19 Propeny. tf L.es�d9r eteCfs to apply the ptoceeds to re s t o r a t ion en d tep e U.T r u s t a r 5�1 re p a i r a r e p t a c a t h s _ :,`.:
<br /> `� derttage0 ar deshoyed improvemeids in a manner satls(actary►M Lender. Lendes sheD.upon sat�ffictory Draot of sucb e�end�Mue.DaY o� • i� 4 ;
<br /> �` e t8lmbtuse Tn�stor trom d�e Pra�eds for the�eaSOneEla cost Af reAeir or restoretlon 8 Tn�stor(s not M defauli under this Deed af Trusl. Any ;� ti� � '
<br /> +�* � :. p�wNch Oave nW 6esn dLbtased withtn 180 days aftsr ttreh reeeipt and whtch Lend�has not comm�(ed to the rapatr or testora6on ot �� � °•
<br /> �g:; �� t�B Plroperty shelt be t�sed 9rst to pay atry amourd owing to LenQer ut�der Ws�eed of Trt�st.fhen tn pay snaued i�t,and the rematnder.R �-.-,, ;
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<br />.. 6� - ... <<, any.shap be app0ed to tde p�ai betance of ttie fndebtedness If LenQ�hat�airy praceeds afler payment In�ll of the tndebteQness,such .:^�,+� rv.: ;. _
<br /> ;'' � ' prooeads sheD be peld to Tnaior as Tn�tals i�maY BPP�
<br /> Une�VEd tnstumtee at 8ate. My ue�ired(nsluenee sneU tnure to ttre 6ene610�end 0�t0.Uta ptuChese�of ttie ProPertY Covered by this ?� �!� .
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<br /> � : Oeed of Tmst at arry truste�s sate m other sete he(d under the D�ong of thb D�d of Tmst,ar at arry foreda�ue sste of sucA Properry• _y ,-
<br /> �; ,1 �y. Tntatot'e ReppA on(nsurm�e0. UPan request af Lender.howaver aot mare than ance a f�ear.Tnutor sAeD fumish to Lertder a�ort on each ` "'
<br /> �1n9 00��11 of InsutettoB sAOwlt� (a)the n8me o!the Irsurw; (b)tAe rts&s h�stitea (C)dte emouM ot Ui9 P��Y: (d?�ProP�Y��tl. `:'S ,�- •
<br /> .. . r;F-. -•,: •. - '.- � the Uien curter�t rePtecemertt watua ot sucb ProPeKY.end tAe manner of dsterminlr�g that vafu�and (e)the expJra6on date ot fhe OoQCY• a r�`.
<br /> - •� �� .. �. ,'s; Tnstnr she11.uPon request ot 4enQer.have an independent apD���Y to Lender detemdne fAe cesh vaiue reDiacemerd cagl at the _'�`"'.'".,�::-_-
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<br /> i � i '� pf4@iD1T11RE8 BY LEHOBt. It Tmslor�Bs to comph wilh en1►Provislon M th�Deed of Trust,or ff ar►y adion or pmce�ng�wmmenoed that �`' � �
<br /> � ` woutd mateitelty affect L,endefs in��esb M fhe Property.Lender on TnisWrs behalt maY.bat shap not be re9uhed to.take arry actton ttmt Lendeo
<br /> � � �>-: :.'- r.- �'.-` deemsepProD��fl emo�ud tMat Lender e�ends In so doing wm bear b�est at the ral�provlded tor in the Note Grom ihe date Incurred or paid �;.. �:..�_
<br /> �° ��;', by Lender to tt�e dafe of repaymerd OyTrustor. M such exDanses,at Lende�'s op8on.wID (a)Ee paY�te on Qemand. (b)be edQed tG the batas�ee � �-,�,__.-;-��..�
<br /> -" � of the No�and be eppardoned emang and be payable wHh arry insteAment payments to b�ame due during e�her (�1he term o!erry►eAAOcaD�e � '
<br /> ' insurance poQey or M tAe ree►aiNe9 term ot the Nate,or (c)be uea�d es a baltoon payment whiet�wql be ctue and payabte et the Note's matudty. ��I � '�_{,.'T=`
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<br /> �� • TAis Oeed ofTrust etso wiU seaue paymerd of fhese amounb. The dghb proNdeO for in tNs paragsaph shell ba in ad�9on to arry other rfghts or er►y F � _
<br /> ',�FV,;`,L:^..�.. ::` � rems�es to which Lender may be er�fEed on aeeourd of the defa�ili Arty sucb acBon by Lender sAa11 not be censtrued as cuAng the default so as to ;l ` :�-
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<br /> � . . � � WARRANTYi O�ElJ8E OF T111�. The fonowfng provistore rolaNn9 to ownershiP ol tAe ProDedY are a paA o}this Oeed of Trust �s. �_
<br /> - � ?tUe. Trustor wetrards that (a)Tn�stor h.otds 8oad and maA�efflbte Htte M r�ord W Ute RvpedY In tee simpte.trea and dear of eII Rens and '_
<br /> � ..�. ` encumbranoes ofhmr then those set torq�tn the Reai R'aPe�H Q�9on or tn arry ti�e h�stuanes DoBaf►.6Ue repo�l.or flrtat ttYUe opWan Issued in :�j•=
<br /> � tavor oti and aooepted by.LenOer in connea6on wRb U�is Oeed of Tn�st,an0 (b)Tn�stor pas the f�dgM,Oowe►.and 8uthorfty to maeate and ��- -
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<br /> �`�-.� deIIverihtsCeedotTrusttotender. ��_ �'�'•`-'
<br /> � � Detetese of TfQe. Sub�►to the�eP�on M the P�egreAh above.Trustor wananb and wN tor6�rer detend the 6Ge to the Properly+agairmt the �: t ��'� .
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<br /> tawtul cleims of a0 persons. In th9 event any acdon ar proe:eeding Is commenced tha!questlo�Tiustors UUe or the hdarest of Tnmtee or �,� -�:-�;:•�;:,��:-.
<br /> "�r�`��� �` � LenQer under thls Cead ot Tnsl.Tn�tor s8a0 detend the ectlon af Trustofs�anse.Trustor may be the nomtnal p e r l y i n s u o b prooae d ing.b u! �;�,
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<br />.� .-,,�•y...��. .:' Lender shall be enti�6ed b paRbdpate In the prooeeQing and to be�ep�rded in ihe proeeeding by counsel 09 Lende�'s awn cAoice.an0 _ " '•�`,
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<br /> , ;��� • ' ��'- Tnatar wm de0ver.or cause to be deIlvered.to LenQer such Instrument�as Lender may request trom tlme to 9me to pertnfl sucA per@dpaNOn ,��.�
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<br /> ;;��;' . Com�DOanee Wfth Lavie. Trustor watrems that ihe Properry and Tiustors use of the Propedyr wmplies wilh all e�sdn9 BPDffcabie taws. 'r' ,�"•;,.;f•:;�-3:f•
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<br /> 7 c. , ;. � '' 1yDN0EMAlATtON.?he toaawing provLstons reiaHnB to conQemnatton Proceedings are a pert o}this Oeed of Tmst ,
<br /> �� � . . � Appttsptton o1 Hat ProeeeRs. M a0 or any part of tAe PropeAy b condemned by eminem dcmain Orocee�ngs or by arry proeeeding or '
<br /> piuchase(n Beu ot eortdemnatton,Lender may at tts eleetlon r¢qufro thet at1 or arsy poAlon ot the nat prpceeds ot the award be apAQed to the �
<br /> . tndebtedrress or the repatr or restora9on ot tha ProPeM. The net ProCeeds of the ewerd shaA mean the ewatd eftet paYment o18t1 reasOnebte ` :r L�,
<br /> s• �` costs.e�ensea,and attomey�fees IncuRacl by Tn�stea ar Lender in conneatlan wlth th�condemnatton. • ;..:.:
<br /> �.�, .. "��; pm�nga It anyr prooeeding In condemnaUon ts aeQ.Tn�stor shaU promytry noHry tsnder tn writlng.and Tnistw sha0 promptql tetce such � ` r•; ,:"�;;:
<br /> �'� � steps es mey be neo�sary to defend the ae6on and obtaln the awarQ Trustor may be ths nominal party In such proCeeQtng.buf lenQer sbaU •��'=
<br /> i1 �-- �� ' � be enBUed to parddpate ln Ne proeeeding an0 to be represented in the prooeeding by counsel of fb own cholco,and Tmstor w01 de�ver or �`� '
<br /> causa to be derivered to Lender suct�Instrume�s as may be requested by N trom tlme to Ume to pormrt such partldpatton. r �.�,
<br /> ���'�. � IMPOSR[ON OF TA�9►FEF9 AND pU1RGE8 BY QOYFiiNfAEMAL Atfi!lOHfTIE9. The toAowin9 Provlsions refattng to 8ovemmes�l texes. '
<br /> �.�`:i :, . � :::` tees and cliargss area pad of tNS Oeed ofTn� ,;..`
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<br /> r �;°, �.. . q�rng�Tmces,Fees and CRalgee. Upon request by Lender,Tmsta shaD execu�9 such Qocumenb in addi�on to tfib Qeed ot Trust and take ' ': �'
<br /> `� ' whatever other aetton b roque�te0 by Lendet to perteq and�CO m inue L en d e�Uen on tha Real P t o p e r l y. Tnutor she11 reimEwse Lender for all •
<br /> �. ';:,.:• . .e . ' � f�es�gs deSCAped petcyn.together with ail eo�enses Incurred in recording,pertecHng or conUnutng thb OeeO o}Tnist,inctuding withoul
<br /> .- =�, :. .: . .:�� Um[tafion eD ta�s.fees.documentary slamDg,and ather cAarges tor ceoording or registerin8 tA�Deed o}Trus� _ � . .
<br /> �`'' ����-' � Teoc�.'R�e to�owing shaA consUtute taxes to which lhis sectlon appQex (e)e spedHa tax uyon this type of Deed of Tnist or upon a0 or any � .• ' �
<br /> `.,�`l���`; � • � part ot the tnQebtedness secured by Uds Qeed of Trus� (b)a speoteo tax on Trustar wAich'Tnator b author�ed or reQulred to Qedud irom ' --
<br /> ;;�;.:,;,� paymenb on Ne MQe�En�s secured by ihb lype of Oeed of Tn� (o)e tas on ihis iyp0 of Oeed ot Tnrst ohargeable agatnst the Lender ar ,
<br /> , th9 Aotdet of th9 NOte:eed (�a specfAO tax an all or any portlon of the(nQebtednass or on paymenb ot pAn�ipal and intere5t made by : ,
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<br /> �y `;� � • ' � Subsequent Tmtea If any fax to which thls secNon epp�es is enected subsequent to the dste W thb Caed of Tn�s1,this event sheil have the .
<br /> :, ��. � ` •�� seme ef(eet as an Event of OeteNi(as deflrted betow),and Lender may e�cerclse arry or aA o!ib avaltabte remedies tor an Ever�of Defautt as
<br /> _:,�.._::��• • � Drovtdad below untass Trustor eithet (a)pays the tax before tt becomes deilnquenf,or(b)contesb the tax as provlded abave in the Taxes anE � �
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