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<br /> � +p9.�-�1998 � �ED 0� 4Rl�SY (� ��Q1,t1�`� �eee 3
<br /> '. l Lofln t10 859108 � (GsRYI�e��d) - -------�—. __--= � .._.�_, .
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<br /> . prcperiyr. Tnisiar sn,a►1 narrto Londar as an aEd�tionril a01:g29 und�r nny surniy 0and iutntlh�d�n tA�contL�st proc�sdng�.
<br /> . � , � auth�prim tha a�p A ato g vamm9nia�i ofHCial to Q�iver to1ls der�at any Iir�a e+vdtten¢tatom9nt�of lhe ttaxa3 an0 c�sss..'�sm nb ag3�n f t o1 :' '
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<br /> • ' �,Ipg��p��p��,Tnistor shall notify lsrtder alleasS fifteen(tb)days tetoro aay vfark is eammgrtce�,any ssrw.ces aro turn�h$d,or any
<br /> � , � materWfs are suyprad to the PtoII�tY.�f anY mechan'.Bs I4�n, matsrtalmen's tien,er oth2*�:en ee�d ba asseRed on exount of tha vratic,
<br /> s�rvtrss.or mate�ais. Trusier wiq apon re�usst af Lendar fun�t+to t.end�r adva�e assuranc�sat�;actary ta 1snG3r ttsst Tru:*ar ean eed wt9 . .
<br /> , � , � p8y t��6 tt,�-i o1 ss�.h Irt:prova.,sn°n1s. ,.
<br /> • • � RR�gioA7Y OdU4fAC�E IHS1tAADICE'R►a to7avrtng pm�sfon'�e���to insuring the Prop�a'tf/ere a pt�t ot th►s Qead ot Tnisf•
<br /> -. - - l �a8►fea�attce o!Insurmtee. ;n..:.-'cr ShaL procure and rttaln�alr+pa".a�o!P�ro ir�stuanq�fh�^amount sni�fdent to 8 o'.d ePP C�IIn��any "
<br /> � " , � _Fiacemerd ba�s tos tta f�??i,�..�'a value covaffnD eJ frr.provemer�on tRa Real PropartY
<br /> Cw��������a�a�-�tttprtg3gzp elattsa in favor of Lender,togother vrth such oth�r ha�d snd Csbtfiiy insurance as Leader
<br /> say r�easonably rsR� F;-��.`�7 is�r.T'.�'n fi ferrr�.arrtourds.covmaSss and basis re9sar�2biy aoceAtabis to Lender and tsstt�d dy a
<br /> • � < �pmAany or ca:��':e�re3s=:.:��%�eR�'3 ta l:en�. Tntstor.4Pen request oi Leralst.w�7 d�'nrar to Ler.d�'Prom tim9 to tiZt9 tlw9 pa�Ctas
<br /> or ea�tiiSCatas�:sur�nw in Fc:.s�-��l�L°--�•►nct�d9ng sHPulaEe�tt�t cave�agas w`J� rtof tto ca. � d or dimtrt�tt±d w(ttsout et w
<br /> Isasi�n(10)c93;�s'�rior vrr��r.�ce to i.e.*.��T. c�.t:'rww°ance PoIICy atsa s'n:7 incl�c�a an enda:sr3;nL.fi prmc:t£cg th3t cavaraqe fn tava W ' ._,
<br /> Lander w01 not De impa7ed'z e-y vray by anp;�ar.t'-s....�'ai�d2fattil at Trs�ar ot any dlhFS pasfln. Si�c;i'd!M Re31 Proge�ty ai any�Te .,
<br /> ' ._y� become tocated in an area d�;�a4ad by ths Otrector of C`ra�eral Emecgan�."Y Managerrtant Rgency t�,s a sy�ial flead#�rd Erea.Tn�ter ",
<br /> � agrees to obffiin and msinfain FeC�a{fiossd lsuuc"a;°.T�it�ft���ruuid nrincinal traJanw C1 ths ta2n. +�D ro tAs maxi�rLm�o6cY�mifs sat :-
<br /> �tnder the hational Flood Insurartce Pragram.or es othanr+ise rsQn�ed by Leitdx.and to m33ri"��.in sur.�t trrsnance tor the iErm oi�fnan. ,;;:;`:::4i'
<br /> ' � ' ApyiltS'.tt;1¢'�=tDOeed9. Tnutor shali prompity notily Lendet O!any loss or d3:rage to th9 PropsrtY. Lerzder rr3y madce ptaLf oi lass it Trustor ; �;�,;..
<br /> tails W do s���nin fifteen(t5)daYS of tha casuaity. Whethsr or not Lends��s�uritY is impaired,Lender rnay,at iis e:ection,r�eive and tsfs'.n :;•�lt��
<br /> : , ,�%Y tryg procEC�:;-any ins�uarsce and apDly the procssds to the roducton of tha Indebiadrtess.PaYrt+�nt ot any['�aHectsrt9 tha QroPsrtY.or t�a
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<br /> •i:.�`:.''• ��`':;`i restoration s.:d repafr of the Property. If Lendar 6lecfs to�II,zty the prot�eds to rsstoratlon and rspasr.Tn:..cr sh.J rs-,.�;-or replECe the .�`,�.`f•__
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<br /> ;:±;�.�,.���. ,� damaged or CestroYed Impravaments!n a manner saUSfaciory�to Lender. Lender shell,upan saUsfaCtary Cres9 af�scn`:o�a�dfiire.PaY m
<br /> ' • !`� retmbu+5a 7:;�ar from tha pro0eeds for the res�onable cost of repatr or testoratlon if TruStor�s rto!!a de�..'.'Lndet L'ta Ja�r'at 7tust �Y
<br /> , ;� proa�sds w��i�`.haae not basn dis4�wse0 w:=,�-180 d3ys eftar the�recalAt and wh:eh Lender has nat ca�;,'.ri t�the re��:.r restota�an ot -
<br /> . . . - �. t}ig propef,y s`kJ be a5ed first to pay erry���rl ovrfrtg to Lender under thls Qeed ot Tn�st,thsn to pay�..re�`+-,�taresl,and G'�a temalr.dar.:` �J`�,_
<br /> _. . - . .�� :.: -� an�.shaD Ce s�p��d So the p�Inr�pal batan..��;1se indahiedrtess. If Lendar R��s anY Proceed5 ef�Pay--e.'�:c�r.fl of the I:s�ebtedne.ss.s:ra`
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<br /> •'i�". proc�ds sh�.;,'.a aaid to Trr,:..�'=r as Trwio�s intares1s maY aFO�• �•`,;'
<br /> , •..� � Urtpnplted Insurar.�e15�a,P�-J;:ne�hed insurartce ShaD in��re to the��a3f.10},and pass`�:�hs puref:aser of the Pro�s??��vered by t�s ;:,,,,,..
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<br /> :,-i O e e d c,i T n;s t a t a n y�.."r-�e s�^t o t h ar s ala hald undar the Groviston5 ef L'."s Dee+J o!Trt:5:.�-�*.ernr faredosure sale tf s�:a`+Raperty. ��ezrf,�„
<br /> � , ,i.� �D���p��-;,I;�^�tl,�nes3. C�r'�ng fhe petiod in whtch an;�-�-�1:►d8hs�.'�ss�ascri�ed 6elow is in ef(s�.comp',tanoa w i f h ��t���
<br /> nL�BlltOdr!8:as sY�2J!torl�t`.s.'3 CORIP1I8ttC0 vr:tti th9 ittsitt'dst�8 �'�:.:✓
<br /> _ : „.:'� the insur3�:Yvisdons�T�,�:sl,ito tFe�::t eompflance with the tr�d•'�is Oeed c�T:ust woul�c-.rr:stt9 a dupUCaflon W trGiva..� �'��_
<br /> . t prsulstars�'���':is Oae��
<br /> , <vtiw:,a�� `S'E^.y grcG�:S't^�m the insu:.�besome C�t��a Cz".:.�,°r=rovtsior.��.`=�5 Deed Ci��si tor divtsi�of praoaeds s!fal �,,,,,:_,
<br /> ,;j;.;. • ' °v�,4 c�s�,:��+•�:r:s+:ca�9���sxeeds nat�a}ahte to fhe rs��yar:,i'�A Er�:�Indebb��rx�. ___
<br /> �.�::?�:: , 4A..OaYD[NS1�%�.`�»��=���. 3ubjed ts 2^;+ftmitati�.zs�i b9 aPp-cED:�taw,Lender�y+eQu�e Tr�r t�r.�Irt��w3�'►'le.�der�esen9s
<br /> , , ta paymeni nf�:�:a.'�s,s�r�s:^�-w,er.�,.�vr=_noe premlums.wh!ch���stuD tio aaated by advaara�:'T�1 ar mor►ttu'Y OaY�
<br /> Sum esUmataa C�r'.rcrr`..�ta�2 s��.c:ar�t to Sz:�emourds at least equat to 9h�t3xao.eSSessme b and t�' �ih�tez93.as".,e55maf'a.�J -
<br /> � re3srva tunds sha:)@o`tald Gy s,�=r�s a(io�'��Posii irom Trwter.whtch Wn4er maY saflsff' Y PaY"TG�
<br /> . . ir�uran�e P�emturr�required to(�3 Datd by Tn�tor 8s th9y foECO o fl�tuBlCY uf Srty��� mvbefote peytn9 d�ra��t n th�0 Q�eed ont�Trust shy8.'1 be
<br /> � ' items.and Lender ShaU no!De requ:red 1�defertntne tAe watldiry H may do or om�1 to
<br /> c0�d es mQuhing Lender to advance oiher mon:eS ior such purp��,arsd Lender stiaJf rtat tr�ur any Uab�dY for anY���9
<br /> � � do wfih respeet to the�senre aceount Subjeet to arry Qmltations se1 bY apPlkabta law,it the reserv3 fund5 QtSGoSe a ShottagB or delldenCK Tnista
<br /> ' `"� sha0 pay such shartago or Eefielertcy es requtred by Lender. Ati emounis tn tha�a�caunf ere Rereby pteEged to turiher ss��ae 1he
<br /> � .: � Indea:edrtess,and Lender Is hereby authorized to wlthQraw artd app1Y sueA amourds en 1R�In�ebtedness upon the occurrencs of an Event ot
<br /> QBtauI1. Lender shall not 6a requlred to OaY any interest ar eaminQs on th�reserve furtds un'.ess requ:red�y taw or a�ead to by Lender in vrrtUnp.
<br /> � � ' Lender doaa not hald the ressrve turtds in trusl tor Truslor,and Londer is rtat Trustors egent fer paymen!ot th0 Taues and a5�3snsEnb requlred to —
<br /> � be pald by Trustor.
<br /> . � p(PpdWyupES gY L�1pER. 1!Trustor taiis to comply wfih any provfsion of thss Osod o1 Trust,tndudinp any obllpaUon to m�InLin F.�sttrtp
<br /> '� IndeEtedness�n good standiny as repufired below,or i!any actton or prooeedtrtp ts commetx�od thaf would materla.hl aff�t Len4�s Int�sb���h�
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<br /> � � praperty.Lsnder on Trustors�ehatf mny.but sh�11 nat be reQutred tu,t�lce any a�on lhat Lender deems aDDrapriate- 11�+1►amou�mt4 L�ndK
<br /> �en�In a daing wio bear fnterest at the rate prc�vided tor In the Ho1e trom lM dat�Incurred a P�d bY un�►to ltr dat�a1 npayrtwnt bY
<br /> •. Tnstor. /UI sueh a�et�ses�flt Leaders oDUrtts o b eame dtte during��fhros�term ol�anY ePPltc�bJst��a�ivano��a (a t�he re�matNf�p Ilrsn
<br /> ' � and be OaY��witA any in.,taUmEnt PaYmo `
<br /> ot the No�,or (c)Ee treated as a ba(loon payment whicf�wN be due an0 peyable 91 thB No�9 mttuAtY• Thts Oeed M Tr�!�Iso wfY aectse
<br /> . paymant o?tt�rse amaunb.The d9h15 Drovi�d for in�►�S P��Ah$���gdd�Uon to arry oYher riyhh ar any remedles to which LenOsr n'yy be —
<br /> • �' ontiBes on eceourR of the Ga'aidf. Any sac�a�a:+by Lendor shait not be construed as curinp ihe Oetaulf so as to bar tsnder fiom ury remedY that —
<br />— � � ' it oihBrw�e urG�t�have had.
<br /> � � WKpp�y:Qr--,�-�=y�OF TIi1E.The loitoxir,g Frovtsior�+retatia9 to ownerstdp o1 the PropertY ere a paA a11ha Qeed o!Trus1. •—
<br /> T[tle. Trustot warranb tt�:u (a)Tn�tor hatds good acsE marketabie t�t.on a i�itiOaF.dSL'�ng�d Bbt�ed�r�+sElC�110 b�w or t�y h'9e ir�ureno0 .=-.�._.
<br />— • • EmCUmbranc�oiher tr,:!�!;�C.'a set PoRh in the Ree]PraD�Y��P �; _
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<br /> . Pplicy.tits repo+l,or 4.rta:C:e opinton tssued in favo►af,end eooepfed by.Lender in connecLan vAth thfis Qeed ol Trusl,ar�fl `2)Trustor has the �,�-
<br /> hfJ rigM,pcxar.and n�.�:.%-�y to oxeeu'e and dellver ihis Oeed at Trust lo lender. _i_
<br /> Dplettse a4 Ti[:'e. S�tb;eci to tho exeepUOn in the Daret�yaD4►ebove.Ytustor wartan�ert0 wf0 torever do!cad the tiUe to fhe PrcpattY ay�:-�t tt� �,-
<br /> ' � IawtW Gatrr.s af a9 p2rra.w. �n the ovent any ectton or proce�ding b cammetfo�d that quast:ar�s Tnutors tiUo or!he trf�r�t o}7c¢tr1��r �y=_-
<br /> Len�er under ih3ss Oced Cf Trtst,Ttustor stiall detend the ectian at Trustors oxpense. Tn�'-ar may bo the nominal paAY 1n�:'ch Droae�fU��� ��:
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<br /> l.ender sha7 ba an2:L'ed t�tG=1JCiD3ta in the ptooeedtng artd to be representea tn the Riaceedln9 by Courisel 01 Lenfc'r�s awn ChOia?,�.. az°;_
<br /> Trusitr�rJ Qeliver.w ca.:�`•�ba detnrered.to Lend�r such instruments as Lender may rew�est hmn flmo W tirtse to per+f�s���h parHCi�a==.^+. ,.�'-
<br /> ;� ��;y�sr';:ih L,eir�. Trustor warran�ihat the Aroperfy and 7ruators use o1 Itx�ProAortY�a+nC4�������°D�'tcah�°�."a' � ,
<br /> :�,;!} ordin2r�,3r d regttaflons of govemmenYii aJthafttas. �:
<br /> �I p��ST�Hd�y61r.�TEDSIESS. The tollowing provislons concem'.rtg mcisting trtQ2btedncss(Ih�'Exls6ng Ind�.'e:�'�css'�ere a P�of thts O�td of
<br /> Trust.
<br /> ppg;lnq 11en. Tho I'sn a!this Oeed o1 Tnisl secur(ng tAO indebtedness maY be secondary 8nd Intedar to an m6s�.inp�ien• Trustor mcpr�si'/
<br /> covctntsrds and agres3 to pay,or sse to ihe payment ot.ihe Ex�sL'ng Indebtedrress artd to preven�anY Gafdutl on sueh tndabte�ness.any da!auN
<br /> � under the tnsUumsnU evldencing 5uch Indebtedn�s,or any detaull under any securtiy documonts tor such IndeDtedr+es:,. .
<br /> pelaull. If tha payment o4 any Irtstallrnant a!princtpa/a anY Inte[est or�tho E�dsUng InQebtadness is rtnt maQe�fiin th9 Ume requged by the
<br /> rtotu evf08nctng sueh in6eb2adrtess.ar should e Qolau�l oecur un6et the instrurrtent sacutirsp such tn#�t�dness an�rtaf bs eured durinp any
<br /> • �pn�,o s�p�oB fr,,�rg�n,than.at tho opUon og LartdEr,the Indsbtedr+ess secaraR by tt��Qaod oi Trust sh�bocome immedLatsN dtj9
<br /> •:,;•' artd payabts,and thts QeoG G'.T�u3f sha:l bo in daffi�L ��'':
<br /> :•' ;� No t4lodiftcaiton. Trus".r s,•a�!not enter into any agree.=:�:�t�Bth tho t�o!Qer o?any mcf.�s[7�--�ed a4 trust.ar ather sscu�EfY a�eemenl whlch �,�!. ,
<br /> �,' � ha5{trtortr,►over thls Qsed ot Trust by whteh ihat egreemsnt i3 rrtcdif.od.tsmflndsd,e�sr.J:.'r cr rar.e�x�d vriihout the prlar wftt°n corr�9r�a! !
<br /> • ;: , ,r � m�r.t wilho�tl ths dor wf.�an��r,'..:�t ot
<br /> • ' ''r%.^ I.enQer. ��u�:.r sha7 rta:iner requesl nor axePi any fuhtre adrar�ce9 u�der any such sctaJ°.�ag:� G i
<br /> ':. . '• ' �-4. Lend6r. '•':
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<br /> • ;,`;. � � :'. , (XZHDEti_k�A�:��i. '::s t:.".r���r�provislons re!sting to cortC�++rafion prooeedings nre a part ct•if-s D2�d o!T�usi. �t:.
<br /> ' • _ , �~i�r u o!cand m8 natian�Lende may a1 i�}E oCUon mqu'.ro ih�t nll ar IIny Rorfion o!tAsDrte1 prpooEe�ofgiR-o saard be ap�p'.'''�c8�to 1Rfl �``�'�,�
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<br /> � ;:�1�j InQEbtcCr.��or ths repar or r�s'.oretion of tAa Properly. 77te rtet Rtoc�3d3 0!tha atrard shal msan tho ae��rd att�r paYrr�ent o!aIl rc�cn+b.9 `�.
<br /> . � . . cosis.e�sns�.and siioma�i�i�sb�rrsd by Trt�:.."s Ct�4e�in r,�nntxUcn tvifh the conQamnaUan. � ..
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