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<br /> � ' • 1. Payeresnts. 8crrarver agrees to make n0 paymants on th3 seeurad da4t whon du3. Untass 8otto�var artd LondEr sgrae oiherwlse,any
<br /> paymsrtts lertdar reseives trom Barrowar or ior @eaower's bsrtafit wil9 6a apyl:ed first to nny a�naunta @arrotver oweo on tha seeuteE Qstbt -
<br /> '< ettctustva af�rYtazest or Frineipal,aeaorsd to irttet�st,an0 thon to principa}.If partial prapaymem of the sacuTed deht occurc for eny reason,it witl
<br /> not redaea or excuse any schcdulsd payment until tha securcd debt ta Raid in fuif.
<br /> P..Claims Agatnst'PI$�.Bouovror witl Qay sll Taxpg, essmams,and o:her clsyqea attributabla to thapropsrty trhan dua end wili defend titte
<br /> ` to the property¢gfinst eny daim�yrh;�weu:d its�Rs�r e i:en Qf thia dasd ot tausL Lender may reau�re Banower ta asstgn any rfghte,etaims or _
<br /> . , � Qafensas whIe1+Hqrrov�a�r r�ay have Again3t partids wh supD1Y tahor or tnatettais to imprave or matntain ths property. - -
<br /> ' 3.tnsuranco. Banawar wfD keap the proparcy i�.-red uredZr terma accoAteGle W l.ender at 8oirotrofs oz��n;o an�for Lendsr's hartafit.All
<br /> tnsurance polides s4�a11 irtclude a startdurd mart ege dsusa in fevor of Landzr.L.endar eril!bo�med as toss pa{res or�s the insured an nny such
<br /> � insutance paicy.Any insurance proee6ds may�ay�tied,rvithin Lender's disetemon,to efther the restora2lon or repatr of eha Eamage0 property
<br /> � or to th�seeured Qrbt.R Lendsr�equtres martgago[nsuranco,Bonovrer ttgre3s to ma3rtuin sueh insurarteo for as tang us Lertder re�utres.
<br /> ` — i I 4.F�opssry.Baaotivar wiEl k8ep*�sa GraT.orN irs goa:!eo�s8it3an ar�rna�a xll repsira reasonabhr rteesssa�y.
<br /> 5.Es�nxas.Bonorrer agrees m pay all Lendefs expertsos,irtetnding reasonahle ettamsys'feas,'rf Bonower breaks any oovenaMS in this deed
<br /> •• � • � , ot trust or in any obligaUan secured�y thts dsad of uusi.Barrowes will pay tisQSe amountc w Lendss as Drovlded tn Covenarrt 9 of tl�ts deed of
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<br /> 6.Pr[a�Sacurity tttiesaats.Un!ess Borrower first abtain3 Lendefs written eorrse�rc,Barrower will not make or permit any changes to any pr:or �
<br /> sacurity ima►est�s. Borrcwer uv[tl parfarm aII of Banowar's obfgatione under a�ryr prior rttortgaga, dead of trust or cthe�sewrity ayreement. t�.
<br /> f indadirtg 8ottowefs covonantc to make Dayrr�arsts whan duo. t;
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<br /> 7.Astt o!Rmtf utd Prafitb.Banower assigns to Lendar tha rents and profiis of tha property.Unless Boaower and Lendar have agread � _
<br /> [ � otherw e in vmting, 8onower may coReet and retain tRs re�as long es Barrower is rtot in dafautt ff Barrowu Gefauttc,Lendar,L.endar's — _
<br /> �c_ent,or a court apgointed receiver may take possession and manage the p�oDerty artd railsct the re^ts. Any reMS Lendar collects sha0 Da
<br /> f �lied frcst to the costs ot managirta ths property,indudirtg court eosts anrl attomEy_=' sees,commissions�o remal agerits, and any othar
<br /> � � r.,cessary related expenses.5�:�remaming amouni of rents will then apD:Y to DaymenLS c^'�x sacured debt as provided in Covanant 1. _
<br /> . < �). 8.L�az�Olds•CocedprNdums:piacm�d Udt QsvatoprtNnt�t.Banowar a�e-�t*�.sxmp;y��=r';�*1`o provis[ons of arry lease'rf this d0ad of trust is on
<br /> ' . , , , a � a teasehold.If Ws dstsd of Uvst is on a unit in a condominium or e p.�raJ .:.*.h dev8��i,Borrower w7!peAorm 81I of Borru�rcr's duties —
<br /> undar tha covanants,by-lav��s,or tegutaUons of the candominium o�plart�3 er_:davatopr.�ent
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<br /> . r..•, � :�.Autharky a!L�ada W Ptr[orm tar Hmrowar. (f Borrowar fails to osri'�r► anY of Bc:�osaer's duties undar thH deed o!wst.Lertder may ° =
<br />, , <<�,�:.i ��rtorm the dutiss or puse thsm m be parformed.Lert�et may sign 8arrower's name cr„ay any amou�ii necessarY for performence_It eny
<br /> ' � •s• f �nstruction on thepraperty is discantinued or not cartied on in a reasonable mannsr,La^+ar may do whatever is necessary to proteci Lender's �;-
<br /> � • .�r,�� searriiy interest in tha proporry.Thia may inctude compJeting ths oomtrisLUon. -.
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<br /> � • .,Z�. Lendor's ts,?�o to perfortn vrill not precla:2 tva�der from exercisirtg any cf Ks other rigMs under the ta:v:r this deed of wst.
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<br /> •�:�� AnV amou-'�;.-:.i�by lender to prote..�:Lr�-r_rera seauity intetest will tr-�—ared by thls deed ot Vw^t.�.ch amounts will be due on demand _
<br /> � and will beEC'•m.aresL from�:aie of t'r.a:,.:�ment umil patd in tull at Us9 r`��est rats in effect on the s�ay csd dabt _
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<br /> . �" tp, Q�fa�dt�:5 Acoda�Sra:` Sonowar faits to maice any paymeM Nt+en due ar tr.¢.-.;cs eny eovanartts under tt�is deed of m:.�'or any
<br /> � obRgation se�..��by this c�Y of trust or any prFor mortgage or deed o}��st LEr:tw. -sy secalerata tho maNrity cf�'ta ser...zre.!caht and
<br /> • ,' � dem2nd imr�s��paYment artd may tnwke the pawer of eale an�any a^.�a r3�.ar:s r�--itted by applteable law.
<br /> � 11.t3squ�at far Hotles of Q�fautt.k is hereDy requested that coples dr Uve�rr�s af deTauft and sa:e ba sent to each person u�iv is a party
<br /> � k , hereto,ei tha 8ddress of each such persan,es sei forth herein.
<br /> � 12.Pows o!Sab.If tha Lender imotcea the powar of sate,the Trusoaa s.~.�� =r *�^�Sn tha offiee of the re�lster c3�sed;of eaeh eounty
<br /> ' :� whetein the Uust propeRy or some part or parcel thereof is situated a rtouce o4 de:a:':�:n'aining the tntormation re�yc-t�by Iaw.The Ynutee _
<br /> sha:l also mail coDtes of the nottee of defautt to the Bnrrowar,to eaeh parson wha:�F��arty horeto,and to oth2r�r�-5��s aspre scri6ed by
<br /> appticable taw.Nat tass than orce mamt►after tha Trustea reeotds tha r.oti;e of do`3J:'.or two months if tha tr�:r,�operty is no4 in any _
<br /> .,.�:;�-' incarpamtsd dty or villaga entl is us¢d in tarming oparotior.s cnrrted on�y i'�3 trustor,tho Trusteo cl�:1 giva puhlic nat2 3f sele to the perscns ,
<br /> � i.!,,�� and in th��r:�.1er presCri6ed h apyplIcetle Inw.Ttustee,without dasr.�Y c-3 Borrowet,shall sall�-z��erty at publie suction to c�z hlghest
<br /> t .. � � • � pQ q r,,.a�1e law.
<br /> . • '•:;i.j;: btddcr.!t rcr�arz�f by the Farm omestet�I?rotection Act�TtUSL68 SA'oR C:•19''�:8 o rty in two sx�':�bates ns re uRed by aF:"
<br /> �� Tn�tae ms�rastpone eafe of a!!or any c�l of the propeRy by pub:ic�-c9�...�cemEnt at the tim9�>9��a�a cf aay praviously saha�.��e0 sate.
<br /> " Lortder ot its 8esfgnea mey purcl�se th9�Derty nt any sale.
<br /> � � Upon recefOt of paym ant o!the prirs bfd,Yrustea shall deliver to the purah��T^:s'-�s::�a�convayir.3=��propxrt��.ti"he►acitials conta?rted in
<br /> Trustes's dead shall be prima taeta evtdienw of the wth of the statomenta c�,�:r.ed u-aa,a,�.Trustoe c:.�.:.a�Fty ths praceeds of the ea!e in[1ri
<br /> • follawing order: (a) to a0 exponsea o!the sate, inctuding, but not �jm:=.�. t�, ►oa��abta Trustc3 s `�.�zs, ree�onable attomeys �aaa an0
<br /> to�nstatsmant fees;(b)to aIl eums¢eeured hy th:a desd ot uust,end(c)ti'2:ra ance.if any,to tha peru:i�r•r�atly entit2ed to recgive tt.
<br /> ,, 13.Fonelasun•At Lendar's option,thls deed of ttust may be foredose:,�+-i3-a mannar provide by aDD:.�ble law for foreclosure of m�;tgage3
<br /> . on real proysrty.
<br /> ,:c.��, .,. 14.tnsA�ct�on.Lende�mac •nter tho proparty to inspoct it if lsndor glvos Bflnowar noUce baforehand.The rtaUee r^.cst state the reasonabte
<br /> �,,:: ?�` : eause for Lender's inspeetie�.
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<br /> 18.Cond�nuwtWn.B.rtower assigns to Lender the rocesds of anyaw�::�ci clatm tor damages connecmd with a cor:,'z:nnaUon or other taking
<br /> � o?all or any part of tfie properiy.Sueh procesda v�iP be applled as proi^3�tn Covenant 1.Th3s asstgrt:�rznt ia sub}3ct to the terms of any prlor
<br /> security agreement.
<br /> _= 18.W�Ivar.BY enerdsing any reme6ll available to Lender,LenQer does not giva up any rights to lat=r;.;a anV other nsaedy.By not exerelsIng
<br /> - , - any rerrteQy upon Borrower's detautt,Lender doe�noi waiva any right to later canstder�-�ovant a dataLtt if it happar.s�r,ain.
<br /> 17. Jdrtt�nd Ssv�ral L[�ty� Co�siyn�n; Sascauors�n0 Asst�a Bound. AII di^��nQcr t1:'.a Ca�d ot trust are joint and saveral.Any
<br /> �:;;..t�i,•�;',:, BoROwar who co-signs thls dsad o!trust but does not casign ihe ¢r.t°rt�1ng debi »�svument!�1 ���as so only to grant and convey that __
<br /> �•ri';:<<�.,#;:i Borrowafa tnterest in the prapertyto the Trustea wder the term9 of tPt�ua 3 oitrusK.In addiUon,����`•a 8orrower agraes th�t the Leader aad _
<br /> ,}r; anY otfitr Haaownr ur�der thls deed of trust muy extend,modif�or m�[.m m.y othsr ch�ngas in the t�-a of thb daed of tru�t or th9 sacured
<br /> � ,��?�' �� debi arithout that Borrowar'e consertt end without ruteasing that eartomrr.s.^a:s�tho terms of th:s d$eJ c�•rrs� _
<br /> "" • �_ � The duties and banoHto of thls Qasd of wst shalt birtd and henofrt tha succe:sora ead�ign�o}Len�er artd Borrawer.. _
<br /> 18.Notic�.Unless otherwlse requlred by Iaw,arry notice to Borrower ahall ba givan by Qepvating it ot Dy,maiting it tq rrtifiad mail addressad w �_:
<br /> • . • • jr Borrower at the pro�eriy sddresa or any otfiar address thnt Borrovrer n:.,3$ivan to lendor.Boaowar vnll p'�va any rtotiee to lsnder by crortified __
<br /> mail to LercLzrs addresu an page 1 of th:a deed o4 trust,or to any ctJ�✓�.��o_drese whlch Lander has daslgnated.Any othar�otiee to lender sha;l
<br /> 6e sent to L.c.,.�'er's adQrese a9 a3ated on page/of thls Eeed of tter�t. �
<br /> � � � '�i Any notteo sha0 be dearrted to Aava eeen given to Horrawer or Lendsr v^:^zn given In the manner stated above. _
<br /> { 19.Tnnai�r o?ths PropartN or s Bsn�ftctal lni�nst(n tl:m Rrarrow�r.If u:l ot any part af the proIIeriy or eny intcras4 in it is tolsD ot transterred __
<br /> � witlfout LsnQes'e p�16r tvr�tt�n eonsesrt,LenQcr msy dt:�sr.d imm%dIate paymertS o4 the sscured debt. Lender�r.�d oiso Eemand Irnmediat» —
<br /> � � .' domznd paymnain tfie�ro sttuofionns it if s ptohib�od by tcda�ul ta�i++a9 ofih3 daio 01=hes as at�df oNVanst�nad. PQoti+rovei, Lisn�er rnay not =
<br /> � � . ' 20.Recorri�yar.:s.Whe:-�m�o�lig�!?en a�cs�ed by th3s deed o1 Vust Sias bsan pnld artd londer h.:s.no further ablig3tion to mako advanees =
<br /> under tho irstrumentc cr ments secvrod by th!s deed of Vust tha Trosteo shall,upon writton ra�ost bY Use Lartdor,toconvoy ths trust =
<br /> � , property.The LenEer chs;�ve�to tha Borto�ver,ar ta HcrrotivoT'o cuacessor In inierast,thv trust dead ans tna noto a�othcr ovldonee of tho _
<br /> • obl:gat'son so saUSfled.8orro�nror shatl p9y any recmrdsUort costs.
<br /> 21. Succnssoi T�uste�. Landar, at l.ender's optian, maY�omavo Trustee and appoin¢ a sueenssot trusteo by first, msilirtg a copy of eho �
<br /> � subsUtuUon o}trustoe as requirod by applieublo Iaw,assd thsn,Ay iling the substituiloa of try�ces fo[reeotd in th9 oft'ice o1 the reeistet af Qseds ?
<br /> � of oaeh county in v�hich thn trust proparty,or som�part thercaf,i�clYUatad. Tha sueesssor�gusiRs whiC9ut convayanee of the proptrty,sha:l [
<br /> • auccesd to a11 the power,duties,authomy and tit[a o1 tho T�ustae erm�d In tha dead o!uust�b ot�arry aun�assor trusteo. t
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