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<br /> �� . � ^ - 12 2.8-1998 !, �'.; DEED OF'iRUST� 9�1 ` ����� P�Se3
<br /> _�`= � LoBn t1To g3819 =`��� �� (Co�ttnited)
<br /> `a� qlgh!To Iioat�sL Tcustor may witdhatd PaY�nt of an5►t�c.a�►errt.w deim tr�connec6on wtth a gond faE!►dls9ute aver tlie ob�gaUon . .
<br /> �_ ,
<br /> �,� to pay.so tong as Lendets tnUerest in dte ProPertY ts not Jeapssdtmd. B e den adses ar is�ed as a rasWt af aanpaymenl.Tn�tor stiaD wiWn
<br /> as
<br /> 4ift�n(1S�dalfg aft�tha Gen adses�.f1 a�n is 51ed wBNn S@een(t5j deys after TnsWrb�n �r sed�ity�ia��Y����
<br /> S� Uen.ot B re4��d by lender.dePasH wRh lenGe►eas�or e s�derd c�n�a�stu�► • .
<br />-';'�. amcant suf�eM to d�mr8e the Qen PR�s enI►cns�ar othe�r cha►9ss tliat wutd aoaue as e�esuit at a tareetosure ar sffis tmder the Uen. tn � ,
<br /> ;s; wtd�frt�tmr snau�Lend tlselt aad tsnder and sl�an sed�}►et�r edverse I�d9me:►t betme etdo�eement ageinst the ProDeRyr. Tnutor i . _
<br /> `i�� � �t�eme Lendev es en adddtdnai abIIgeO under eny uuent boitd(tunlshed in tl�e wr�est ptoceedi�►6s.
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<br /> _�� Et�Eeneo o!PayfneM. Trustor sAall uPoo d�man�i�anish to lender sa�adory e+rfden�e of paymant ot tlto tmms a e�m�ls and shalt E . .
<br /> F
<br /> aufho�im the aDP�i►�9o�mantal o�Ciel to deQvet to Lender ai enyr tlm9 a w�tUen statemen1 at the faxes and essess�nen�against tAe ,
<br />--_`�'�: � PropeAy, .
<br /> _E:�; Nottco of Co�duaNmn Tnistor stmD notity Lender et(esst ftftsen(1�daya betore anI►work is commenesd.anY s�vl�s are Uunist�ed.or en7l '
<br /> .� °� � . • ma�ere suAPRed tu tl�9 ProPerlK if enY me�t�an�L's Qen.mstetletmet�s Uen.�othet Qea co�d be ssseAedat thet Tn�stor can and w�11
<br /> ,�. � ' . SeMces�or mate�Tnistor wID upon�e9uesl ot Lend�hunisb to Lender advanee assutenoes�fadorll ( , ` ` '
<br /> PaYthecast of stt�h imP�ovement5.
<br /> PROPER7Y OAMAdElNSU R A K C E.Th e i c l t a w ing P ro v i s i o n s re t a U n 9 t o i�h�9 1 h e P r a P e d y a c e a p a r t o f t h t s Deed of 7irust
<br /> � '� �dat�tene0 a1 tnsttranea. Ttustor SheII P�8n0 maintatr�DoQdes o1 Rre(nsurat�Ce wM s1e�►derd eoR�ded covera8e endorsqmarrts o^g
<br /> reptacement basb tor the fuD U�suiab(a vafue covedn8 eli tmpravemeMs an the Real P+cPedY tn an amourd sufttde�to avold eAD�catton of any
<br /> cdnsur8nee dauss.and wRh a standard mortga9ee daus°in favor of Lender.ta8�with such other{�rd and Uab�'ity instuance as Lender
<br /> mey reasonabH B4ubs. PoGelas shali be wrHten in torm,amaurds.eavera8es end basls ressonabty eaeAtsbte to Lender and Bsited isy a
<br /> j,�,• � rpmpaRy ot eotnPentes taasonablY ac�t�te to Lender• Trt�stor�upoc�reriu�t at lerufer.wU1 defivet to lendet irom time ta 6me die pa@des
<br /> ��- ar ceY6fl�ates af insurance(n farm SaU�lI ta I.ender.ind�5n9 stlPutaftons tl�at covetaSes w�!!aGt ha�d���var at .
<br /> ' , ��� ' ; tea,sl ten(10)day�P�or vrtittan noUce to Lender. Eseh instuance D�Y e�o stmU includ$aa endoisement Pro�nB ___
<br /> tender wID not ba tmDeired in anY VuaY bY enf►acR omuslon ar defaufl af Tn�stor ar enY��encY es a sAe�800d�acea.Tn�tor `
<br /> • � , beeame lo�ated in en erea d e s i g+i a i s d bY tl�e D�t ot�s Pederal Emer$encll�e�S
<br /> �` '•�. . egress tn abtaln end maintafn Federal�ood tns�asioa ta tha t�unpsld Orhidpa�be►eace af ttie toan.u0 to Me rt�dnnun Po�y►Um�se� .
<br /> th
<br /> under tt+a[VaBonal Flood Irtsurence Progrem�or as a�e re4�red by tsnd�.and�mai�in sueA iastuenee tarfhaffirm of the toar�. s .
<br /> t� � AAPQ�UOn of�aeaeda Trustu s1iaD OromPS�►��A►Lend�uf snY loss ar demaSs W tha Pro�h� tsnde,t maY��Qf ot Ioss HTnatar , ; ;
<br /> t?. . ta�Ts ta da so vrflflk►fifteen(1�days ai tha cestralh.Whether ar nol Lenderb s�fl��tend�maY.ai Ns eteeUan.reoeive srid relein '� .
<br /> k the P��of a�Y h�su�ance end aPD N Lenp�ecb to eP�on�e�t�nd��raUan ar�tePelti T s�cepeb or�� r�
<br /> �estoratinn end repaN af tAe PraPeAN• —
<br /> . . � I d�mag@d�desOroYed Impraveme�in a manner s�ary to Lendet Lendar shall.Won�ry Froof of sneA e�end(Ma.PaY� „°
<br /> , i cetmb�use Tnutor irom the pnocee�tor the reasarab�e c�t o1 BP�ar resto�aticn N 7n�fiOr is nat in detaW und�thts OeeO of Ttus� At►Y -
<br /> ':-�.'t-:. . ... j proeeeds whid►havB rwt bean E[sDiusa�withfn 180 days aftar I�eb+eoaiDt ead whtch Landsr Aas not comt�d to tt�repat►or restora5on of • `��
<br /> :,'_' j the Properly ShaU be�sed fist to pay ar�►amount awing to Leeder�der Ws Deed ot TnL51.then tu pay aeatted b�erest.e�d iha rernetn68r•N
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<br /> enf�.shaD be apPqed to tha pdnciPal batanee of the tndebdadn�s.1!Lender hotds anY Vmoee�aRer Dei►metd in flW ot the Indebtedness.sueh �. �,�_'
<br /> "�'' to Tnrsiar�Tnst�s inter�e�ts maY eRD� ' _ -_
<br /> �;_!� � ptoeeedssl�eDbepBtd
<br /> 1�,.{t {tnw�tred tr�atuonea at Sat�My unexptred dsivan�e shaU hutre to the Oenefii M.and pass to.the purohaset af the PrapeAY eovered bY Ws ;;:._,
<br /> .. J� • I Qaed of T►ust at anI►bustea�s sats m ather saTe held under tlte prpvl�ons af thb Oeed o}TNSt.�a!et►Y tmedosure sata atsueh PtoDe►�Y. �.
<br /> .'�f . ; EX�ENDRURES BY LENDER H Tnstor fails to oomPry wlth eny prou�ton of this Qead oi Trus1.a►H erry ae9an or praeeedin9 ts commer�cea that . ��_
<br /> 7; . wcWd mateAeThl aNect lenders tnterests in ths Praperlfl�Lend�on Tntstars bahait may.but 5f�a0 not ba requhed to.take anY adion Uiat lender • . ,_
<br /> ;;:: • ; Qeems eyAmO� �ry�►o u n t U i a t L e n Q e r e�e n d s i n s o d o i n g v u m 6 e a r in�at the►ate provided for in the Idota trom the data tncurte0 or patd •5:...
<br /> . �'��'� � � by lendar to the date ot�spaymeid bY Tnutar. M such�e�ses.atlendere cOtlon.wID (a)ba paYebte cn deman d. (b)D a a d d e d t o t h 9 b�f a n o e
<br /> : �;`�.. . ' o!tha Hote and be eppallor�among and be payab(e w(th arry inste4merd paymenb to become dts9 dWb�g dther p3 ttte ffitm ot enY eOP�ebtB -.
<br /> '��•• , - ; Insu�ence Do�Y oc (B)the remaWn9�m ot the Note.ar (e)botrea�d es e baito0n paymeat wNeh vuDheD be in ad�n m anY ot#�r�8hb�e�+Y , _
<br /> . ! 'Ihis Oeed at Tnr�etso wN secure PaYmeM af U�s amounb.The dghts O��d tar in thb P�S�P
<br /> ..'` ` � b8t Lo d irom arry reme6Y 11 at(!otherwlse woufd ��' Any sud�ecHan by Lender shail not ba cansbUed as cwtng ths dafeult so as tn
<br /> �• �j.'. �` � WAHRAI�fTY:DEFENSE OF TiTt,E.The loUowUig provisior�cetating to awnersND of U�e PraDeRY are e Dart a1 this Oeed of Tnist. ,
<br /> ` 7t�, Tnutw w�nants thak (a)Tnistar hotds good an�desc�iDUfl ar in ar►f►tiUUe Ir�sura�e poVcS►• tte reDa1.m flne164a cPtNOn Issued n `
<br /> encumbrances other tnac►tnose set toAn le tne aee►
<br /> ' '�.�`. � • ; j (avor ob and acceDted bY,Lender in conneeUon wlth Uds Oeed oi Tn�s1.end (D3'f Mustar t�the ttdf Bghb Pavt�.en0 at�hoAN ta�recute and
<br /> - � . ! Q0lNet Ws Oead atTcus!to Lender. � .
<br /> � S`,.� • habOVeyTnistarwertan�an0wmfarsvmrQefendih9WetoUt9lfig�eAY
<br /> ' ;.- 3 Oofanao of THto. SuDjecl to ihe exce0llon in tha para9raD .
<br /> ,y,� tawhd ctalr+�of a�persons. tn the eveM a�►Y actlon or praceedin9 is aomman�d U�at ques4ona TNStofs U4a or the Mter�t of• ntsGao ar ,
<br /> ' i�; Lender unQet this DeeQ of Trusl.Ttustot St�aD deten0 t!re aCUon el7natofe e�ersa tNSt4r meY be ih9 nOmin81 paRy in SucA Proeaedin9�but .
<br /> •''`' � Lendet sheII bs enUBed to P�dP�In the proceet�n9 end to be roD�►ded in fhe P��9 bY eoustSel of Lendere awn eJ�o�e.8nd
<br /> . ','�` • Trustor vlii Ceavet.ar eause to be d e l t v e r e d.to tsndar such tnstrumer►b an Len�er may�equ�ham���fo P�suol�partldpaUort.
<br /> s•.;,.
<br /> ..�. , ComDDanao Wttb LaH[o. Ttustor wenenb lhal the FropeAy 8nd TttcstOPs u59 Ot the ProPeRY camplles witl�eD e78sUn9 BPDOCebf918ws. .
<br /> �s . ar�nanee�.ead re9u�aUons ot gavemmentai autRafHes. .
<br /> . .~ CONDEl11NA'RON.The to�awing pravtsions re�atlng to condemna9on praceedings are a parl of ihis Deed Cf Trust.
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<br /> ,,, ppppeation of Not Procoeda lt all or any paA o!the Propecty b eendemned by emMent Qomein praeae�ngs ar tiy any Piooee�n8 or
<br /> �� pt�hase in Ileu of eondemnatlan.tvnder rt�ay at tb etectlan�aquUe tt�af all ar 8ny pa�ilon ot the net prpceeds af tfle Gwer ntaf DDiemsonabte �
<br /> ;.� ; The not proaeedg of 1h9 award ahell mean tne ewerd aft�RaYme
<br /> -- • Indeht9dr��s or Ihe repaU a►restaatlon ot tha Rropeity. •
<br /> :`, . costy,�pensos.end attamBys fess incurred by Tntstee or lende►in connectlon with tt�e rAnEert+rufdon.
<br /> 'i ':� Pracaedinga. If any proeae�rtg in condemnadon is filed,Tnator shall promDUY notity lsnder In wrlUng,end Trustor shaD promDUy teice sttch �
<br /> i � ' ateps as may be necess,aN to detend the action and obtaln the award. Trustor may De tfie nomirtal party in such Drooes�a8�bul LsnQOt sna4 �
<br /> � be anUUed to pacGctpata in the proceedirtg and to be repreaented u►the pcoaeedln8 bY counsel°��b°H`n ch°lce.s�d Trustar uM daUver o►
<br /> `� cause to be detivered to Lender sucA instrumenis as maY ba repuested by I1 hom Um9 to lime to perm�t such paNcq►etion. �
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<br /> w._;, I�APOSITtON Oa TAXEB.FEES AND CHAROE9 BY OOVERNMENTAL AUTHORfilEB. 7hB tottowing provislons relaUng to govammental taxes.
<br /> i�: . fee9 and CAerges eres e pail0f Uus OeBd o1 Ttusk
<br /> Cunont Taxofl,Feas and Chnr9oa UPa're4u�by LQnder.Tnator shail execute�uch daeumenb tn ad�i8on to tNS Oeed af Tnist snd tnke i
<br /> �i wnatever othor actlon ls requested by Lender to pe�tee!and conUnua lsnder's Van an fhe Rsa1 F+uDartY• Tncstar shap retmbwso I.ender tor aA
<br /> iY ''.� taxss,ns deseribed betow,tagether with ell e�enses tneurrod in recading,pertectlng or eontlnuing thi9 OeeO et Trust,Induding withoul �
<br /> , ` IimiraNOn an taxes.tee9.daeumenla�Y stsmps.flnd other ehurgos tar�eeard►n9 Cr te9lsted�tt�s Qeed ot Tntsi. t
<br /> �:r" � dN
<br /> t' Tmces. The foUowing s►+uil constitute tau�M wnlch ths secUan eppf:es: (a)a spectNc tax upOn 1hls type 01 Deed e1 Tru�t ot upon afl a c►nY �'�
<br /> !.• psr!of the Indebtedne5s setured by ft+is DoBd o1 Tnts� (b)o SpeclflC tsx on Trustot whlcfi T►t�to►b eutROrlmd Ct re4tdred to��duet from
<br /> ?.'�'' payments on the Indebtedness secured by thlg type ot Oeed o1 Tr�r 1c)a tax on thLa type o1 Oeed of Trust chargeabte eaaiast tho Lender or
<br /> ���� =� the holder of lre Note:and (d)a speciflc tax on all or eny porU�on of the trtdeDtedness or on payments of pArtC[pel snd interest rr�ade Ey i,.
<br /> `:. -: Srustor. '
<br /> ���• Su�scquor�i Taxos. N any tax to which this settion eppi,as�s enastod subsequeM to Itie Qata ot Ws Deed ot Tru,f,I�ls ovont shaU hava tha
<br /> �;:.._�. ,
<br /> s�ma eNect as an Event olOefaWt(as deflned betow),nnd Lender may�xertca�s arry a a11 of its avu�labts rsmedies tor an Evant o}Defautt as
<br /> �i":'� proNdad D�low unless Trustor edher (a)DaYS�hs tnx batore ii Decomes ds9n4uenl,or (D)coni8sb 1he tex as 0►ovt....�1 eDOje�^the Taxes and
<br /> Uen;seedon ond dayosits wlh lend9r cash or a SufP,�ent ccrporate surety bond or athor securiry salistactory to Lendar•
<br /> F
<br /> SECUATiY AObtEEA18NT:FiHANCtNO STATEMENTS. Tf+e tollowin�provis�ons retattng to thls Deed of Tntst as a 59curity aereement are o part o
<br /> �:..•, th�Deed O1 Trust.
<br /> Sseurtry Agroomonl Th,s�nstrumant sha�i const�tute a secunty 9greement to tho extenl any Of Ihg ProPe�/tOnStflutBS fix1ur05 or OthOt
<br /> �:� nareenn!oroee+N.a�A LenCva s►�aJ have e1�ot tng nghts o1 a secured party under the Umtprm Commerc�a�Codo as art+anded hom time to
<br /> �--
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<br /> " � S9cutity IntofosL liDDn�BQ�BSt by l8�tldt.TtUStOf SRfl%�BXpCU19�n9�Cin(3 SL31Brf.8n�5 fl�'�idk8�VhB'ever O�hBr BCtion y r04uB5t8d bV LBntlAt
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