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<br /> - - � COVSYIiNTS �a.
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<br /> � �� 1.paymente. Barmxer ag�ees to maRe allpa 1tmeM9 on tha seaued deDt whea de�e. Untess Bertower arid lander agree oiAeiwise.anY +. - � � s�
<br /> ,: oaymems l.ender reeeives irom 6orrovrer ar Tor Borroierer's Certefit w�Ee appUed fuat m any►ameunts 8orrower owes on Me seeured daEt
<br /> _�� �_ < i: e xc[usiva of irterest or principal.secand to iaterest.and then tu princi0ai.tf partial prepaYmem ot the seaued deDt occuis for an5►reason.it w�lf t. �_
<br /> _'�r'=`. ' not reduee or exe�e anil s e h fl d e�e d pay���t t t F����D t i s p a i d i rt t e d l. <.---, ::
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<br /> x 2.Qai�Ag�st 7�HmrOwer�VYiO PaY�tt teices:�ts,end otRer eharges atfi'6utabla to tAepro perty when due and wiB datend tiite <
<br /> � ��{ . �. : w the D� a an1►daims�w6idt rocbutd Unpa?'tlta�len vtth�deed of�rust.Lander maY req�ws Borcower m ass�gn any rights.dams or , �
<br /> ' defenseS�f O�f(wieer ma11�e�D����l�Y�ot Ot maiec�ais to impmve at its3utiYdin t3te GroDB�SI• '4 -°--
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<br /> i .. `:F 3.[ngaaase.Bottowet vn11 keep tRe D�oD�Y�undsr terms aoceDtaDts to Lender at Bonower's expense and far Lender's be�efit.Ali
<br /> �'t � insurance PoSci�shalt indude a standardmortga ge dause i�fawr o!Lende�.Lende+w�be named as toss payee or as thtr insured on acry sur.fi
<br /> � : _ Y.�� ��n�Do�1t.AaV��Groteeds may 6e a.ppGed,wiihin LendePs disaretion.m eitl�er the rastoration w repair of ths damaged property
<br /> � ,--•- -' —, or to tAe seevred deht.It Lender re4Wres moKBa$8 m�uanee.8orto�srer a�ass ta�s�eh i�fot as long as lender requires- � r4 _,_.
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<br /> �{ .�'�_�=�� 4.Property.Borrower vinll keeP�D�P�in goad cond'ttion and mafie atl repairs reasoeabSy necessarY• -
<br /> �`� i b.Esgens�a Bo�rc�e�et agrees to VaY aU Lender's expanses.atchc�ing ceasanaDte amomeys'fees,iF Bonower 4reaks any covenaMS in tAis deed F :�
<br /> � _�.-° , � of trusi or u►aay o0C[gation sec�aed bi/Uns dea�i oi bvs�.�av�pay t�eae amaWKa fa Een�er a�p�a�cled os Cav�raM 3 cf lhis d�ed nt _
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<br />- .,,�. .� . 8.�iar Se�3t�/h�mr�-Untess Botrowar tirst aDtains lende�s weitmn con5eru. Bartower wiU nat make or permi:any changes ta any prwr
<br /> �f� ` F r ' se�aaity irterests.6oirower w�ll pertortn all 04 Borso�erer's opfigatians undes anY Prior mortgaSo.deed ot trust m other secuitY agreemenL '� :-e-.. ,�,
<br /> • inc[tcding�orrowera eoYenartts to mahe DaVmer�when due. ��' -
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<br /> '�' �.p�p�ot ge�.y and p�a5ta.Borrower assigns to L.ender the rerts and profits ot the proDenY.�N��n°'^fer and Lender have agleed `, .:
<br /> ' otAerw�se in ovnUng. Bartawer may colleet and retain the rerKS as tong as Borrower is not in default. if Borrower detauhs.Lender.Lender's
<br /> ,"�,��! `, � .� `, agas»,or a wurt aE1D�receiver may take Pessession and manage tAe�aDertlf and coUect the reMS.AnY retus kender coflecis shaU Ea
<br /> '+,�S�,�� � BPPCI@d fif5t t0 tA8 COSts of RtBRdQUi�flte ptOG8IL1►i��t�lg CO�ut COSffi 8nd E�i00Jn8y8' 18BS. CAmmiSSloi�LO t@lital A$el�s. �id 8ity OttiBr 'a,
<br /> =_—�.`•-�:" necessarlt rotamO ex0ensea-TAe remmning amount o!rer�wisl snem appty ta Oaymenta on the seoued debt as proviQed in Covenatst 1-
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<br /> �� � . , r . 8.Loasehc�:CanQaminiums�:Planna9 tlait OereEoO�.Bartower agtees t�oeomp N witn U�e provisiore of any tease it ihis dead af trust is cn -
<br /> ��f` . ` a[eaSeM�.ft utis deed ef trust is cn a unit in s oondammium or a plant�ed unit devetopmert4 Bartowa�w�Il peRotm all of 6artower's duties ,�+
<br /> ?;'� under tNe cova�ants,bV-taws.ar re�tacans ot tha condominium or ptannad unit davetopmeM.
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<br /> 9.q�sp�ty a}LenQer tp,pbr�oan tpt Hosson�rer.N Ba�rower tai�s m perfarm arry of Boaowei's�ties nnQer thls deed of uust. l.ender may ., .:
<br /> :.�i�,;_. �.-,� � :.. �s y Qertorm tl�e Quttes os cause them to b9 peAormeQ.lender maY ai�Barrowefs nama ur PaY afii amout�t it�ecassaiY far petfnrmanc�.If any _. .
<br /> ;w.,('.` . coctgttuction on tltepropertV is discorrtinued or nut camed on in a caasonable manner.tende�may do wAatever is neeesssN�O�tect lender's ':-`:�'`�•
<br /> sec�uitY interest in tfw pcoperty.This may inctuda compteting the�nsuuetion.
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<br /> . �' .. Land�'s faituro to Dertortn wiU not precNde tender Rom esereLsing enY of its other sighta under the 1a�nc ar tAis deed of unst. �::�• �-'��:•:
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<br /> .�'.^ _; Any amoums D�d bY lender to orotect Lender's sec�!IN ir+terest wi�6e.seciaed�y tttis dead af tru,t.Such amounts wi!!be due on demand ..
<br /> �set will 6ear interest irom ihe date ot tlse DaVmeni until pald ir►tu0 at tRe urcerest ram m ef[act on the seeured deDt. 4 ^:�:�
<br /> �;'` '� . 1 0. Q a f a t d t e n d A�t e.I t B a n o w e r t a i t s t o m a Y e a n 1 1 P�e�rt when Que or btealts airy eovenartts under this deed of uust at anit � •, :%
<br /> ' pbligatlon seeuted Dy Utis deed of trust ar arry priot mortgage or deed ot trust,lender may acce t e�t e U�0 m a ti u i t y o f�h e s e c u r e d d e E 1 a n d �° ._
<br /> �T' i` .. . _�c.: , � damand iutmediate VaYmertt and malf inwke the power of sale aM�y otlier reme6es Dermitted hY SOD���Ie taw.
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<br /> .��,F '� 41_Re�mst tmr NatFeo ot Oefsill.It is Rere�l►requestsd tl+at coCies ot the notices of defautt and eate be secrt ta eacA Oerson who is a partY ;y
<br /> :�;;�;: � • . .'''� hereto.at the address of sacA such persan.as ssE tottb hecein. �
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<br /> •�. �. , p 12.Ruwes of Sete.N the Leeder lmrokes the power o4 sale,tAe Tr�stes shafl fvat record in tAe office at the register of deeds of eacR wuntY .. ,i
<br /> wRerein tha uust D!cCertY a►some part or p�cel tt�erect is situated a notice of default containing tt�e ljrtormation requUed by�aw.The Trustae ,��;
<br /> ,` � sha0 atso mail copces of tne notice of defautt w tha Borrower.W each Dersan who is a patty hereto, and to othe�pecrons as prescsib:d by .
<br /> �`'�"' eDDlicab[e faw: lVot tess tNan ane mortth after the TnuLes recards the notice o f C e t�u[t,or two months:f tha tnut DroDertX is not m an1► `,,
<br />- -; "-� (ncarDarated enY m viRage aM is used in tarsning operations carried on OY tlre Uustor.tha 7rustes eha:f give W�Ac netiea of ea[e to ffie Dersons .- - - ,:
<br /> :}:;i;[�' . � and i�►the martnet prescriDsd by eDDDIIcabla(aw.Trusiee,witliaut demand on Barrower. sha't sel!the proper�tY at PubGe auetion to tAe higRest • •`;
<br /> Etddea tt requirad by the Fam►Hamestead Pcatectlon ACt,Truste9 shall affar tt�e�roperty in two seDasa[e sates as tequ'ufld by apyfic8bte law. _.��:.
<br /> -i�.r� . ,• ' ' ,,.•�' tmstee may posp+one sate ot alk or anY Oarae!ot the proDerry D y pa C lic ancmunce m e�rt a t t fi e t i m e a rt d p t a c e o 1 a n Y p r evco u si y schadulsd sata. �` �:..'
<br /> � }: ' Lender or iis desi�ea may purcRase t1�o►cPeRV at arry safe. .
<br /> y;...`. .� tlDOn rece�pt ot paymeM of tne pnce b1d,Tnistee sAali deliver to the purchaser Trustes'e deed conveying the property.TRo reCitiats caMainetl in
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<br /> ��,;-,' Trustee's deed shalt be prima facie evtdience of the Uutt�ot the statemertts contaUred tlferein.Trustee sfialt appty the pcoceeQs ot tl�e sate in tna . -
<br /> ;_4'�, •_ toltowa+g order. (a) ro att e�enses of L�e sffie, mcluding, bu! not �lmited m, reasonable Trustee's tees, reasonabla attorney's tees and ,.. _
<br /> .- , . reinstatemerrt tees:(C1 to aSl sums sfleured QY�is deed ot trust,artd lc!the batance,a any.to ttse persons tegally entitled to rece{ve it.
<br /> ��,�••�;•.:. 13.Foreetnsue.At ter�r's optian,this deed of trust snay De toreclased in the manner pravide bV evvlicabte taw for forectasure ot mortgages :�:x. ` ""-`
<br /> ` � � . on real vrcCeatlr• : x.••
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<br /> 3�•.�'�r , . t4. tertder may e�rter the prope�ty to inspect it if tertder qives Bortower nottce befaet�and.'tRS noLCe muss state tha raasonaDta - -
<br /> n;;,: .. � cause t tendat's irrspeetian. ,:
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<br /> 16,ConQanumttan Bortower 8ssi4ns to Lender tAe proceeds ot any award or cla�m tv damagus connected witfi e candemnation or aitfet taking
<br /> .n : . ot all or arry Dart of the PropertY.SucA proceeds wili ba applied as provided in Covemartt t.This asslgnment is subyact m the terms af arry prinr ,�
<br /> t".:.. .. . . . . � � seceadY egreemerrt. .;
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<br /> .'1�` �. . t6.WatvFV.BN e:ercisirtg any remedV avai[aGta to Lendee,lender does not gwe up anY��9hts to Iater use any other remsdy.By rmt exetcising
<br /> ' '• arry remedy upon Botrawer'8 defautt,Eender Qaes nat waive anY right to Iater considet the event a detault if it tfappens again. ..
<br /> ;�s�.?;: ' � �_.fa�M and SeYeraf���ett�^ry; goatgnors; gucco�aara and/�signs Bmmd.All dubes undee tAis deed ot trust are jolnt artd several. My �
<br /> F�•,:,'- • , , . Bortower wAO cosigns tlfis deed of uust Eut dotrs not ee-si8rt the ua�derl1 n"ng debt �nsuumentls) does so onty to Arant and convey t�at .
<br /> ��� ., ' . . Bortower's inte�est in the pro0e►N to the Trustea under the terms of this deed of t►ust.tn addition,sucA e Bonower agrees that the Lendet aad
<br /> ar►y other 8orrewer under this deed ot trust may extend,madity ar mako any olt+er changas m the terms of this deed of trust ar the secured
<br /> � ' • • de0t withaut that Borrower's cansent and withaut releasirtg that Bonovret hom tttis terms of th�s deed of ttust.
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<br /> r ' ., TAe dut�es and Eenefits of tRie deed of trust shall bmd and benefit tt+e auccessors and assign9 01 Lender and Borrowea
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<br /> �..�� �, ! 48.Rot�co.Unfess ot�erwise requfred DY�aw,anv rtot�ea to Borrower s�all be glven by delivering it or by mading it by certified mail addressed to . �
<br /> , t,ti._ Borrower et the praperty address or any otAer add►ess that Bottower has given to Lender.Barrower w�lt g�ve any notice to Lender by cert�fied
<br /> ��.�'_' : , mad to le�dec's addcess on pago t ot this deed of ttust,or to eny othe�address which Lender has designated.AnY o�er notfce Lo Lender shalt
<br /> be senL to Lende�'s address es stated o�page 7 0►this deed of vust.
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<br /> 1 ' + Any notie9 shall be deemed to have been�ven to Ha�owe►or lende►wAen given�n the manner stated aDovo. `
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<br /> '.s; ',.:;. � ' . -;� tg,TrIIn3TCr ot the PrOperty o►p 80n0flGa3 IrKateSt In ttt9 Bavruwee•�t all or etry p0tt o1 the praPe�ty o�any mterest�n it�s sotd ar transterred � � .
<br /> ��"' '• withaut Lendor's pNar wnttsn earsserrt, tender may demand imrnediats paymertt ot tt�o secuted debt. Lender maY atso demanQ immediato `
<br /> ��*���" ' ; payment if tt+e Sorrower is not a natural person and a OeneNCiat m�erest in the Borrowar rs sold or vansterred. However. Lender may nac p
<br /> _�-y^^`;��- � E ,.a:ranC�:.;��•¢M�^!�e 31�^v°-�'�"ahOng�}it is orohibited Dv fedma!Iaw as of the date of t�is deed of trust. C-.: .
<br /> `� ' ' ' ' 20.RaeonveYance. Wt+ert the�bltqation securo0 bv t►+;s deod ot trust has Deon pmd,and Cender has no ft,rtb�r obligauon to mzke advaaces •
<br /> '• .��`' • ' � uttdor thp msuuments o�agreements secured Gv t�is deed of trust,the 7rustee shall, upon wntten reduest by the Londer,ieconveV the ttust
<br /> '���s�'�..' . �� pro0erty. Tno Londer shalt deliver tu the Bo►rower, or to Bonower's successo►m mterest,tho irust Ceed and the note or other ewdence n!the �-
<br /> x�' • ! ob6gation so sabsfiod.Borrower sha�1 pay any�ecordatiort costs.
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<br /> �, ' 21. Succ[tssor Trust09. Landar, at Lender"s o t�on, may removo T�ustee and apDomt a 5uccessor trustQO bV first, mading a copy oP the ,
<br /> subsc�tut�on ot trustee as reQuvod Cy apphceble Paw.and then,by 4�I�ng t�e substiwx�on of trustee for record m[he OtfiCe Ot th0 reqigtet 0�Ceeds �
<br /> of each county�n wh�ch the ttust oroGOrtV or soma part thereof. �s s�tvated.T►+e sutCesso!IR�stBa. w�thout convevance of tnp propt�rtV, shall •
<br /> - - - weceed tv at1 tRO trower.dutres.authpr+ty antl ntio uf riso T�ust�e�ramed�n the de':�d vf!rvsPaerd o}anY sucr_Psso�nustee. _ _
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