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<br /> t. `�"�• • _ k = t. PaYme�s. Bortower a�ees to make all Pa Bo�bena t�w3U be appGed�flret to any emountaBBa+r wer owas oneU�e se�eured deb�! �.. �? - _
<br /> � p�ym�LenQer reeeives irom Bortow�or ior 4. �
<br /> ;i �',� - � exdiesnre of interest w D�dP���nd to interest.end then M pr(ncipal.If partial prepayment of ths seaired deCt xwrs tor any reason.it wt11 "�
<br /> ; notrleduce ar excuse eny BCheGt�ed Pfi�tnent urttSl the eiaarted deEt is peid m full.
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<br /> Z.Ctalcns Agetnst TiCe.Boctower witl pay a0 tFUCea,essesameMS.and other cbmges attributebte to theprcAeRY whe�due and wNt detend title F� .
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<br /> — -<~'� ``- d�ete�i�s�whicbeBnrt�ow ��88a�D�es who�Ntabo o�r m�am�nat��im�d ve or mraiMai�r►�e proDenV��any rigfita.daims or =; _
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<br /> 9,h�g.Borcower will keep the property 1ns�aod undar terms accepteble m leoQer at 8orrower's axpease a+�d for Lender's bsnefiL Ai! �
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<br /> .� ins�uanee poliaes siwli indude a standerd mwtgage dause in favor of Lender.LenQer w�li be named as loss paYee or as the�ed o�eny such ,
<br /> �' � i�suranee PaLcy.AnY�ce proeeeds may be appGed.wiNin Lenders d'iscretion,to either the restoratian ot sepa'v o!the damaged DroPeKY __� k
<br /> � or to the seaued debt if Lender requ'aes mortgage mwranee.6orrowar a�ees to a�+►sueh insurance for as long as Lender requires.
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<br /> 3 . ` i� aod wnd'rtlon and make ati repaira reasonabty ne+�sserY•
<br /> �r.=-.,�c . 4.p�ppgrty.BotroWet will keep the propflriy� 8
<br /> _r�.. . . .��.r-.:��� 6.�s,gpaower�ees to paY all Lender's eYpensea.induding reasonabie attomeYs'fees,if 8anower breaks arry wveneMS in.this dead - � ( r ;-�-
<br /> �'`,:. ... '-� .-- of trust or In enV oDtiganon seared by thia deed of trust Bortowar vinU pay these amouma to Lendar es D�ovided i�Cavenant 9 of th+s Qeed of .
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<br /> , � �.- `` � 8.Riar Seatritll�•Unlesa Barrower ttrst obtains lender'e wriuen consertt.Bortower witl not make or permit any ehanges w any prior «s� ��� �-
<br /> ,� . s, � , ��� � �����, ganpW��p�}pRn aU of Bartower's obiigatior�s under any prior mortgage, deed of Vust or other seaurity agreemerst. .,�� '•
<br /> _ .. induding Borrower's cavenants to rteake paYme�s when Cice. �_k , '� .
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<br /> • 7.p��meM c}Rents and Ptafits.Bortower assiBns tn Lender the rerrts and Profits of die P►uDertl►-Untess Barrower and lender have agreed
<br /> ;. oiherw�se in rvriting,BoROwer may coUeet and retain the rems as long as Bonower is not in defantt.It Ba*ower detauits.L.ender. L.eader'a , ,
<br /> C:. � t. " .'-� agerst.at a tourt eADoirned raceiver may take possession and manage tfie prapeny and coflect ihe re�ts•My rerns Lender coliects shall be �°�.:�;_;;_�y,., :
<br /> _• 1`�� `.• • Iied first w the eosts of manaS�n9 tne P�P�Y.indudin eauet costs and attomeys'feea.cammissians to rernal aga�ma, and anV other •� . �.. ..
<br /> . � - e?0 � ents on the secured debt as proviQed in Cavenant 1. �*,;,,.- ; � .
<br /> r neoessartl related expenses.The remaining emount of rems I then ePDh►to Pa1lm �.
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<br /> f ? ; 8.LeaaeANds C o n d a s d t d w�s'�0 0 p r d t O a v a l a P t r s e rt b.B o rt o w e r a�e e s t o c omp h l�+the prcvisions of anY lease if Utis Qeed of bvst is on
<br /> ' 9 laasehota i�U�is daed of�ust is on a unn in a eondom&�um or a Dlan�ed unit devefnpmem,Bortower wi0 peAortn ail a f Bortowe rs d u t i e s � � s:+y-
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<br /> � �f.: �m d e r t h e eavenams.O y-Iaws,or reSutatfons of the condominium or ptanned unit Qeveicpmeirt. ; ,
<br /> �: .. . a.p�y��y a}��m�tocm tot gorrowar.tf Bortowar taiis tooe�a rm arry of 6orrnwet's duties unQer Thia deed of uust Lender may ;
<br /> <<. pe�form the duties or e�use t hem t o tia p e r f a r m e d L e M e r m a y s i g�gortovaara name or p aV anY amaunt i}necessa+V fa D��ance.tf arry ^4L,_`_,�..-'
<br /> ,,� 'l.`. • .. - consuucHan on tAe praperty is discoMinued or not carried on in a masanable manner.Le n der may Qa whatever is r�ecessery to Proteet L e n d a rs �:;}�,`-,,;'`,
<br /> i,--' S�y interest in the ProO�Y.Thia may indude campletin9 the eonsauetion.
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<br /> �` rm wnit not preclude Lender trom exereising arry of its atfier riSMa�nde�t�e law or this deed of Ovst. � _
<br /> j: ; , _ Lendet's faifure to perfo �
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<br /> - • - and w I�bear�int�erest h m dre d�of�ndPaY+►tant uctdl0aid in tull a�t�t he im���'��n e N a e t o n t hue stecure0 Qembt�.uras will be due on demand `i�� �,
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<br /> �� . • � ' 10. Defaf�t aAd Accetetat�on. �f Bartower faiis to make an}r pallR►ent when due or breaks any cavanants undet thls deed of uusi or any y�''-� `
<br /> - ��s' '- `i'- � oytigation sen¢ed by this deed of trust or any prior mortgage or deed of trust,Lender may acce�erete the maquity of the seuaed debt and �• -
<br /> i . ,..� Iicabie taw. ,�"' .�"..
<br /> � ;y.` , Qemand immediate payment and rt►ay invate the power af dale end eny other remedies permitted W eDV -'').�; •.
<br /> ,�{ 't' , `� ' v .: 11.�t tar Hotle�of Oefmdt-tt is herebY�e4����pies of the nmiees of detauk and sate be sent to each Person who is a parN �:�_
<br /> A� • ' . . hereta,at the aQdress of eaeh sueh pereon.as set torth herein. _" , �, �
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<br /> �� 12 Power o!Safe.H the Lender invokes�D/�oW�$o�e�al�e8�e nobg'e�e of dafautt corrtainin g�1he intormatlo^req'ed byaFaw.T�he Trus e i�,,,,"'
<br /> wherein the tn�st property or some part P erew,and to other persons aspreaen'hed by '"
<br /> �? . shall eiso mail topies of tfie�otice ot detauit W�e Bortower.w each peraon who is a party h . i
<br /> �'.,�::-. ayPlicabfe Iaw. I�tot�ess d►an one morttt►after the lYustee reeards the notice of defauh.or two motrths if tAe trust propert7l ie not in arry ���':,
<br /> r L:? " , incarporated citY ar vittage an0 is used in farming operaUons csrtieA on hy the uustor,the Trustee shall give DuLGo nottce ot sale to ths persons ,
<br />-.�..�j;_ • ' � ` and in the manner presaibed by appplicaCte taw.Trustee.without Qemand on 6ortower,shail ae11 the proyertV at puhGc auctlon to the hi8hest ; �
<br /> '•:'�''•�• . . "' '` b(dder.If requhed bY the Farm Ftomestaad Ptotectlon Act.T�ustee shali o7ter the praperN in two separete eaTes as requtred by apPiieable taw. ., ' - �-.±
<br /> �`��� '• Trustee maY D�D ous sdmd�ded eele. . .',�..-::."
<br /> one sate of all ot amt Datcel o!the D�oDsnY by p�rc announcemeM at the time an0 pWee of arry p►evi ht `."y���
<br /> ' T� ' Lender or Re designee may D�����Propertle at any sate. .. ;:
<br /> . ,l�.,; .. :_,
<br /> .,a;.;':. :� ,_ Upon rece i p t o1 paymertt of the price 6id,Trustee shail del'iver to the purcl�aser Ynistee's deed wnveying the proparty.The recitials cotsteined lo •�..K
<br /> ..;•:�. „ Trustee's dee d a h a i l b e p ri m a f a d e e v i d i e n c e of the ttuth of the statemeMS cornained therein.Y�UStee sNali appty the praceeds of the sate in the : -•-
<br /> �s���� •• � � � fottowing arder: (a) to all expenses of the sate, includ�r.g. but nat limited to, reasonabte Trustee's tees, reasona b l e a t t o m e y's t e e s and .�� �.,
<br /> :y��.: � reinstacemertt f e es;(b)to a i l sums secured b y this dead of uust,and(ef the batance,N any.to tha Dersons legaity entitted to receive i� ��,., • ,tR :::
<br /> : '�'�•: '� . . 13.Fateelasure.At Lender's option,tfiis deeA of oust maV be forectosed tn the manner provide bv aDPiicabte law for toreetosure of mortgages ;:' :`'':=:`.
<br />. . on real propertY• ' .".Y'•:-`
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<br /> Y,;. . � • tq,(n� an.Lender may enter the property to i�+spect n i1 lender gives Borrower nottea befarehaad.The�otice must etate tha�easona6la _ ._ : .f':._ -
<br /> • eause�odera trtspection.
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<br /> '� �5,�ott�tu�a8pn,Borrower assigns to Lendor the p�aeeeds of arty award or elaim for damages conn9�dttwiFN��e�dem���s�a�►y pr►u► • •�
<br /> `� `, � ot all ar any part of the o�o�en5►•Sueh proceeds will he ap0�ed ea Crovtded in Covenart 1.This essi ..,.
<br /> � � '� '� ' • � secvritY e9ree�nerrt. ,
<br /> ` ':�t:- � r' tg,Wahmr.By exercising any remedv available to Lender.Lender doea not glve up any rlghts to tater use arry other remedy. By aot exerctsing .
<br /> ``� � • • any remedy upon Bonowe�'s detauN,Lender does not wa�re anY tlght to�ate�tore+der the evem a defaute lf it haDDe�a98��• :�
<br /> '`:'.,� � All duties undor this QeeO of vust are joi� aad eavetel. Arry .�','. ��
<br /> ''� , 17.Jolni and Sovoml UaDiRty: Co�slgnoro: Sueeassan and Asstgra Boand•. •
<br /> ��`f " Bonower who co-stgns thia aead of uust Eut does not cas+gn the u�erlymg debt inabumentls)does so ontV to grarrt and convey tl+at
<br /> ���: ��- � .,.� Bonower's interest in tAe propertV to Me 7rostee under the tet�ms�of this deed M trust.In add'NOn,such a Bonower agrees that the L.ender and
<br /> '-'.�-��'�,�. ' � CeDt w�ithro�th t Bonodwer=s eonsedrt and wrtho�ut reteas ng tltlat Bonawei hom�he ter�rthi9��is deeA of uui.this deed of uust or ths secuted
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<br /> ' • The dutios artd benerte of this deed ot truat ahall bind and benelR the eucceasora and assi8ns of Lender and Borrower.
<br /> .��� '. .',; 18.Notle9.Untess otherwiso required by law,any notiGe to Boirowet shall be given by delivering it or by mailing it by eortitied mad addressed to
<br /> .� ���'��'� � . 8arrower et the DropeRy address or any otAer address tnat Bonower Ras 91ven to Lender.Bartower will gnre any notiee to Lender by eeRitied
<br /> � � ` . he se t o�Lender'a eQdress as atated on p go 1 01 M ai deod ot uustther address whtch Lendet has designated.Any other notieo to Lender sfiatl
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<br /> �• �•�'', � _ .. Any notiee shalt 6e deemad to have been givaw to Honowar or Lender when given in the mannor stated above.
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<br /> t�.. . �g,T��y{�Q}�o prpperty oi a Benoftdai D�taroat(n tha Bortowar•�1 a�)or any part o}tAe propartv or any interest in it is sold or tra�sTerted
<br /> ,;+�:, witho�st LtTnd9r'e prior•rn:tto� eo�s9nt leMer may d9mend im+neQlate Dayment of the Seeurod debt. Lender may also demand immediaiv L
<br /> • •1r payment i1 the Borrower �s not a natuial pe►son and a Oenefic�al intorest m the Borrower is sold of transferred. However, Le�der may nOt C '
<br /> �.�.:`;.,,. '. Qemand patim+ertt��tho eoove srtuations A it�s prohibitad by tederal law as of 2ha date of this deed o}tru3t. •
<br /> `t., : Z0.ReeomreYa��•�+e^the a5tigation secured by th;s deed of uust has been pa�tl,and lender has no turther o���gation to make a�vances .
<br /> k:: �� under the msUuments or agreemonts sacured by t��9 deed of trust,the Ttustee shall,upon written request by tha LenQer, reconvey the trust .
<br /> � property.The lendar sha��deliver to tAe Bonower. or to Bottowei s successor�n�rtterest, tho tn:st deed end the note or othe►evidence of tho
<br /> �'•� ��,�' � ( ob6gabon so satisfiod.Borrower shall pay anY reeo�dabon eosts. �
<br /> "� '�'�� 21. Sueeossvr Tnistea. londer, at Lender's opnon. may romove T�ustee and appamt a successar Vustee by first, mailing a coDY of the
<br /> r�'� � i substnut�on of wstee a9�eawred bV eODl�catrte lav+.ond then,bv rilmg tt+e substrtut�on ot truStee for roeord in the oHite ot the reg�ster of deeds ,
<br /> k:�" � • ` of eac�tounty in wh�th the trust p�operry•o*some part thereof. is s�tuated.Tne succossor trus2ee,witROUt convoyance ot the proparty. Shell
<br /> -- � _ . . �� succeed to att the power.duees,authonty and t�tte o�tho Trussee named�n the deod of flust and of anv successor Tnutee. . _
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