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<br /> 1. P�rustts. 6onower sgrees to�nils�a0.paVsrzett� cn t�e seaued dabt whsn dua. Un!a�.a Barrowar et�d lers�er agreo oihsru�ise. a:ry r
<br /> ��� paymeMS l,er.der rexivae fmr�8ettoytes ar lor BorrouiaT s ens£R wiil ba aDDCed firot to enY amounis Bonowar owas on tPts cecttted dsCt �-
<br /> rot ieduce or exeusa anyiachs�4�lpaYmen� the aetus�ds�bt t�paid in fi�ill��pf������f��6acured daGt oecur8 ter any raa,on,it wi:l
<br /> � ` I 2,«�py�dymt 8ft2�,gprrowar wifl pay aU tazae,os.^.assmants,and ott:er ehargos attrihutabio to the proparty ruhsn dua and wili de}ersd titlo -
<br /> ` ' 'i �t�nggg whiehaHOrro i may h aAalnat ptattiespwAo sup�pSy fabei or material�s to imprdOVe orYma�ir+tainBUi�ropzrrya�ipn any rig.hts,eialms or -
<br /> 3,tnstuar�.Horrawer vri!1 keap thn Rrog�rry insured under tetms 8ecuptabla to Lendar at Bono�refa e�8nso art�for �anasr's�n�fit.AFl
<br /> i�tsurenca Fofsies aha!i i�sctude a standarA mo ago clavse tn favor of Lendet.Lender rv(D Qa named aa tosa payeo or as the insutad on any such
<br /> ''' • ai io�a ce«,�b aahti ful8nd�ieQ'.r sgmc�r gaga i su an�Barroa r s�aa�«to maiittatn�sueh insur��ancp tor o�long as Landere o4u,ies r�DE� �
<br /> _;�;.���� 4.Propsrly.8arrawer wtil ksep the progatN in good conditton artd make atl reptt:rs reasa�nbty rtscessary. �:
<br /> � g.���BpnpyyeT ggfggS tp(!gy 811 LBRC�'8 9XQ3t1389,kccluding reasancDlo attomeys'feas,ii 8orrovrer Itreaks amr covanants in this desd �
<br /> of trust nr in any obligatian seeure d Dy t h i�d e e d ot trust Borroww will pay thasa amounts to lender as provided in Covenam 9 of this deed of
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<br /> . � 8.Prtsr&eeufity h�nsla.Unlesc Batroviar first ohta�ns Lender's written curue�.8ort¢war wi0 not rrzake or permit any changas to any p�ior
<br /> = 1 indu gjBorrovra�s eov�enants�to mak OaYm$tsawh�n dus.h{aa�ons urtQet sny prior rrtortgeg9, dced of trust or othar securitY agreement, __
<br /> � � � T.paE¢u��:at Rxtts and Prafiis.Borrawer assigns to Ler►der the rems 8nd pmfits of ths proaerty Un:ess Barrowar and lartdEr hava aqtesd
<br /> otherwise in wrmae.BarroNar may eollect end retain tRe renu es tong as Borrowar is not in detauR. If Bonawar defautts.Lender, lender's _
<br /> , +',� egent or a court aPAoiMed recet+rer may take Ros.ession anQ m2nage the proDEnll and eollact the rems.Any rents lender coltaCts shali ba —
<br /> apPfied first to the costs of msneglng th3 ptapetcy.induding eowt costs and attomays'fees,comrt�Lssions to rarael agants,and any othat
<br /> • rteceuary relet¢d expenses.Tha ramalrting amourtt of reMS rn'll then appfy to payments on the secured debt as p�ev�sted in Co+ranant 1.
<br /> • � 8.��fds.Cpesdpm(ntrmu;Pl�nnsa!U�t Osv�lopmans.Bartower agress to eompiy with the pmvistons of any lea,e if this desd of aust is an
<br /> ` � u�ei�the�vana�rrcsa bY-��a iegutatlan of tha c�ondaminium oi bi�ned urtlt davslopmEntM.��ower wiil pertosm atl ot @attower's duass
<br /> ' • .� 9.�lul�atN o1l.mtdu to Par[um tor�actcwsr. (t 8crrower faita to�nn any oi Borrmvar's Euti�artder thts dee� ot trus4 i��r,r'.:�may
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<br /> _' � perfors�tho dutt;.w os�s t!►�m to ts��asmed.UsnCer msy rti� var's nam9 or pay sny amrn�^'rf rtece�my ier pertarRCr:rs�' anY _
<br /> -_- ..�.. eanstructtan an ths�ro�ro¢8���i�nc�trude�m�.Gtc�:��ie�cro�i��on�nner.Lendsr may da tia'�ff.sver is�racs°�.^.N�Di�`rc�e�dar's �
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<br /> � Lsndefs taiiure to peifcrm wiU aot preetuQe Lendar fram�.e:�cising any ot its other rtghts ander ths Iaw ar this daea:%�•:Wst. �
<br /> ' qny esTtCUr.is pafid by Lsnde►to protec't Lendefa seatity ir_terest w'=l Ca secured by this dssd o!uwr Sach am:.;i-�i:a avill b9 dus on demami —
<br /> ' .c and wili trGa::sterest from Uts date of the paymenY until pa:d in P�U et'i�?nterest rate in efteet on the eacured dabt.
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<br /> , t �p, p�2�d pcc�l�taBon. ►f 8orrower taiis to make any pay+.^'��slhan Cue c►breaks any covano�s under zhis dead ot:-:.ss or any
<br /> ab5gation secured by 4fiis deed of mut or arn prtor mortgage or dea_of Vust,lender mays atxeterata tha maMe'-X cf'ths secured deht and
<br /> demaad ImmeS�+RO paymcn'i 8n�may Imroke the powar¢f sale artd eny other remsdias parmiMed by app�eable lnw.
<br /> � �• �` h��,��h ad��of ear�fits�ueh�persnn,�es set fortl herein.copie9 of the notices of dotauk an9 sate be sem to��'�penon who is a pazty
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<br /> z� ,;- 72.Pow�r of S�N.It the Leadar invafus tha power of satfl,the Tntstea shall firsi reCOrd in the offiaae�f ihe rey3sie:of deeds of eacb county
<br /> ��� � �,rAsroin the trust properN o�some R��Gercel thereo!is situated a notice of dafaaK coritainlng tt3 rs9rmaL'nn tesl�trad 6y law.The Trustse
<br /> �, :'.r„yb`;�:' �° shai!atso mail eaplos of Lhe ncUce ct vei�a.lt ta rt+e E.nower.to each parcon who is a parry ha:�'"c. arJ to c�'',a'Dersorts as prascribed by
<br /> -,���'•��' BDDii�bte taw.I�at tesu"+��crtfl mc�aitar the;aJr•r3o reenrds tha notico of dafavl4.ar two m-�xts if t"�z t�'Wzt Pro�erty�s not in any
<br /> '�` '.'�;: ' • incorpotated criy ar vil[ci,:m,'4 ia¢Se�ia 4arm.ng a ¢r'icrs cattt8d on by tha trusto�,tha Trustee shal}gtva pu3i:�:re.e of sala to tho persans
<br /> � ,;.,:,z,.:', and in the marts�er pr�a-7��Gtv a�;Drcable taw.�n��rea.without damand on Borrowzr,sha0 saii tRe property et:�ic suetion to ttre hlghest
<br /> _;�'�r;;��•y�;, ` bfdder.If reAuirefl by tfmr�ar^z iioir.a.s'sa�Rotection I'act,Trustee shail offar the property in two separata sa:es as roqutre0 by applicable Iaw.
<br /> `-��=•= Trustea myy poatDone sals of atl or an7��arcel of the Droperty 6y public announcement at tha time and plece of any prevtous[y schadutad so.e.
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<br /> _:;,1•;�'����,M,�;f Lendar or its deslgnee may pweAaso C�:n G`opertY at any ae1e.
<br /> �.�+�%.�' Upon receiyt of payment of the price bld,Trustea sAaO delivar to the�achasor Trustee's deed conveyirtg tha property.The�ecitiais�:r.,�:r.ed in
<br /> ����"�` � � forlio�wh�p oi@er6laj topallnexfpatf�nse�s of Ma saieein�ding bu enot I'u�ntted tonro�onab:a Tn�ee e feesA�reasonHbteeat�tom�t es and
<br />'�:;;,•.;� ,�A:1°. �ei�sstntament taes;lb)m all sums seeured by this desd of uust,and(c)tho balancu,if any,t�the patsone tagalty entiUed to receiva n.
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<br /> -��s;�:,�,��/�t.�"r 13.Faraciown.At Londer's opUan,tfis desd af trust may be forectosad tn the manner provide by applicabla law far(oreetosuro of mort8ages .
<br /> - � YP"+k' � on roal proDHritf•
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<br /> - �°:�ir?�t:���� �4,gn�ctIon Lendar may enter Uis proDetty to inspect it if L9nder fllves Botro�nrer notice befo:cd��.The aoUce must stat0 tho rea.onable
<br /> .--;.�:F�� cause af r Lender's inspactton.
<br /> �+ -�� _� of atl ot a�f�e D►oAertY i Such p oceeds v�i��be apytied asvprovkded in�Covana ta1 aThi�s a�ssig�mert i.^.ths�oct to thettetms of any ptieT _
<br /> _�.:•�:.° securit�l a�eemant.
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<br /> � +it.��r � 1g,Lyrtiatt:By exarcising any remadY avai!abte to Ler►der,Lender does nnt Qiva up eny riphts to latar use anY other remedy.8Y not exerais ng
<br /> --� �; . any remvi•�upon Borrowefs detautt,Lendar doas not waive eny rigM to later consiEer the evan2 a detauit if ii happens a0ain.
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<br /> y' �T.Jofi4�rW s�v�a��,�•,m.,,, ��. g��on ind q:dyni BflurW. Atl duttes undar t�ln deed of trust are joint and sevaral. AnV
<br /> '—'�---� Hortawel who co-Flef��yt�is�eed of trust but does not ca�slgn the undaAy'+n9 debt instnimantts) does so only to yrant and eonvey that
<br /> �''�"' Bonowe�s L�terest i^+lae sroperty to the Trustee under the terms of thia deed of taust.In addition,sueh a Bonower apraes tha4 the Lender ani
<br /> -����' ' anv othsr Bertowar unC�s�this Esed a!vust may o�ctend,modifv aT make.any other chan¢s�s in the terms of this deed of u�t or the seciued
<br /> '-�:�-_�;: debi Kafya�.th�t BarroweY�consem�d withoat releasinp that Bor.��rar trom the terms of thls deed of mist.
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<br /> z.,. Ths�t:n,s,�n0 benetits of this dead of trust shall bind and banefit the successora and assigns o!Landot and Bortowar.
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<br /> ' '"'��� 19.lNatk�.Untess otT�mise required Ey taw,any noUce to Boaowar sha0 Ce given by dativering it or by m�ilinp it by ceftifiad mail addressed to
<br /> ';�.":,: ,�.,�j�,'• _ Borrower a4 the Drop��hl addrese o�any other ad6reas that Barrarre�hne firen to lender.6orrower vmil give any�oUae to I.endet by certHied
<br /> ,.,;�,. z-�;, mai)to Le�er's address on paQe 1 af tBls deed of tnisL or to any other e�drass which Lande�has desfgrtated.Any o•Jier rtotice to Lender sha!I
<br /> �. ��T.., � be sant to Lender's nddresa aa atated on page 7 of th!�dead oT trust.
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<br /> ,�;+��.,,�qs�� . Any rtetlru•ctia0 be deemed to have been yiven to Bonowar ot Le n d e�wtsen givan in the manner�u:e�3 above.
<br /> `�:r,,;;,,i�'• 3 t rr an intarest tn it is sold oi Vansferrod
<br /> ; ,1�•1�. • a�GrNllc{r trrt�►ut tn ttN Bortounr.It aU or any put of the Rso�w�r - Y
<br /> =_'i:��§�ti��;� � tfl.7nrufn af etM Provwt�►
<br /> �.� vr.thQUt Lenders prt�f wr+tcen conso�t, Londcr may demard tmmVdiaie yaymsm of ths sacure� ebt. L.ander may atso d�mand imms :ato
<br /> ,_ ,�i`r`t�, � paymant if the Bonorrer is rtot a natural persan cnd o bemtieial interast in tha Qorrowar is eefd or trunsferros.Horveve�, Lortder may n:t
<br /> ; � derr�ad psymert in the abovs aitua8ons if it is Orah�tSed by toderaf taw a�o!thn dcw o4 thia 4eed of uust.
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<br /> �'�'��""` � yp,RQCa��rayenes,When the obiigotian saeurad by thls doe8 of trust h�s baesn paid,and L�nde:ha9 no furlher obligaUan to mako udvaneaa _
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<br /> '�o!1-^,.� � undar tiio�nsuuments or agreementa cecurod by th'.s deed of trust,U'ID TNSLQD�hap,uDOn vmmn raque�t by t�ss Ler�Ger,raconvay th�trust _,
<br /> : �d1S� proparty.The Lend.r ahail del;mr to the Borrower,a�to Bortavrcr'u tucr�;.�,or in Imerest�o trut=�t°ed and tho noie o�ather evt�tenee of tt�o
<br /> ' �i ' : obAgs�tton so saY�stts0.8orrawtr shail pay any reaordation costc.
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<br /> � ` ~ 21. Su�c�aza SmaiN•Lan3or, at LenCer'eop iton, mey remove Trusteo and cppoint o cuc:er,sa�m�.stee by firei, mailing a copy of tho _
<br /> cubstitutton of V ustss es�eQuired by apytioab!a Imv,apnd then,by filinQ tho suD�tlturipp of trustea tor recot8 tn the offic�ot tho regi.,�tec o!d�eds _
<br /> • � . cucca6s toun�lYthe powah.d�trus 81p�r�Opa�8�ti�a of tha Tnt�oo named in ho dead o!trut and oftiny succtssnrve��of the property.sfull _
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