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<br /> ' � Of-2S-1S39 D�ED O�1'�iliS'f Pags 3 '
<br /> . ��° 10��15�
<br /> '. , ' Lotan Fio 6?33�5 (Con2inued) ,
<br /> � urtder lhe�8n. In flny eoni�t.Trustar Sftyd dsi8ad i�et efsd Lend9r artd Sh3t1�fit3fy arr!aQvarSE�judgin�rtl batore entOfoemant 8galr�al ttte •
<br /> • , ; ' Prop.,rly. Trustor sh31t nam8l.endar as an addi�anai ebL`g�und9r any su�eiy bartd tum'shed in tt�n eontes!prCO�edlags.
<br /> EvtdEStse o!Pa�tuant. Trustor sh3!1 upon damand ittmisn to Lend°_r;�a95iaetory 6vtd9nCU oY paymeea�o?tha lax�s or as:a:srtta�is end sh�11
<br /> � . euthnriz�the appropriate govemcrtan�l afftei�to da�vEr to LenQBr at any Urrta e vrrUtae►stabmant of iha tax0.s anQ asss�smsn4s eg�rst the
<br /> ' . ; Froperty.
<br /> � No3tee o}Ce�lrue't:on.Trustor Sh3J notity lendsr at least Rfteen(15?days betore any work is eommoncsd,flny seMaes ere tum`sRSd,ar 8ny
<br /> � mgisria[,ato supp''sd to ths Prog&rry.it uny mechan!Bs Gan.matsrtalmen's iiQn.ar othu I:an eou'.d be as�ertsd on sxount ot tha werk. . .
<br /> i ssrv:cs3,ar matert3ls. Trustor rd!1 upon requast at lersder t�trrt;sh t0 Leedsr advanee tissurartcc�s8tisfaelory to LenCer that Tntstor can artd w�J
<br /> :, - _- . ; pay ths cost ot such tmprovaments_ .
<br /> _ --- :- ' g�ERtY D�444AG�IPiSUAANt�. �to'!oivtng pro�siacis re:ating to insunng ths ProIIPrh+�a p�of ltus Oesd ot Tr�f.
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<br /> ' ' .' j lKalnLenanaa ot lsfsurance. Trustor shal procure and maintsln po":ctos ot flre insurartce wiih stsrtdasd extsnIIad coverage enda�sesase�s on e
<br /> rep!scsment bads for the tull insurab:e valaa eovarirtg a7 Impmveman�on Irta ReJ Rroparry in an artsount sitfi:derd to avo:d 8pp.it�ton o?arty
<br /> �pjns�uence ctaugg,gnd vriih a startdud mo�tgages efause in favor of Lender,tagethar avith su�fl otna hazard and ts3D:lit�t irrsur8tta!as�6n�r s
<br /> � � may rgasonsbry reguire. PoL'etes shaJ ba�vrittan in tom,amaunts,eov�g�easl Dss!s res+�nab.hl ee�Pffib'g to LenEer etsd isswd dy s �,
<br /> comyany or comganfss reasanabSy soceAtabt9 lo Lender. Trustnr,upan request ot Lertdo►.wiil d�i+rer b Lander Rom Ume to Ctr�tM pa'.�SSS _,... `
<br /> :. . _.._.. . . .. m certtFCat�ot insurance in ivrm setofaC't�y ta LBn�:.lr.�ts6ing sti�Jtt�3tior!s thai covara�s w17 nat Ge e8nce�ad m d'tmfrtLs�Nd tvtthCU181 �:;�.�
<br /> teast ten(10)days'pdor written nor.w to Lender. Eseh tnsuranoa pc!!cy a'so shal irtdude an endarssmenl providing that coversge ia tavar of
<br /> ' Lendgr will rtot ba irrt����in any�ray by any act,omL�on or detau►t ot Trustot or any othar peison. Shoutd ths Ree�Property at any time ���-
<br /> b2came tccui3d tn an eraa desEgnated 6y tPea airector of tP,e Federa!Ernecyenoy Managamenl A�e+�cY��sye�sl ftood harard vM,7custm �
<br /> '� ayre�ie cbtaln and malrtt2tn Fed�ai Ffaad Inswance fct th9 fu'1 un��d ptin�pal baanoa of iRe Ioan, up to tA9 ma�dmum pa�icy Bm�set --:-
<br /> und�b1r�Ptatianal Ftood trtsuranCa Fragt�n",or as othenwLe reqtt'red b�s:.ender,end to maintaln suth tnsttrar►ce tor the term a!the taan. �.�
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<br /> pp�:��ptFrocee�s. Trustar shal gcac�;.UY tto:iiyl�ender o}aT/toss ar damage to ihe Rrapert}/. LertCr.r may make prom o1 to=s(f Yntstor �,-„
<br /> ta�75 t9 do so wiUiln fifteen(t�days ol the cssuaity. V1ts�zr ar not lesnders seCwilY is tmpatre0,Lea�r maY.8t its etec�on,�ecehre end retttif� �-__,.
<br /> � s j t:te�rex�eds of any insurartce and apply tha preceeds ta iS-e red�ction ot fha InEebtedrtess,payr.rtent of any Can atteeting ihe Propec�t,or ITie
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<br /> ;�t;r-„�i+n a.1�repair of the Proppaty. �f Lendzr efeCS to ayyty tRe grxeects to restoration artd repalr,Trustor sP�atl repatt a replao9 the �-
<br /> ; i C2.T�or destroYad Improvemants fa a manner saUstac2ory to l.ertdcr. Lender ShaA.upon satisfectory ptoof of Sach expendf�ue.Day ar �`��
<br /> � re:mbur5o Trustar from lhe proceeds fcr ihe reasonahla eaSl at repu cr restoration if Trustor ts not in defauii unQer this Q89d o?Tru� Any ,�-__
<br /> „ ¢ ; procesd�wRach have not been d}sbwsed within t80 da8 a€�ar fiu�r�pt artid wt�ch lendes has rtot commiYted to the repa:r w�o� �`%�
<br /> - .--- -�� ��` -� eie Pto�srty sh3.1 bs used first to pay eny amount owin to Lendet under ttds�ead cf Tn�st,then to pay sioaued interest.end ihs ra�r�st�d�,d —_-
<br /> anyr,shaD C9 a.y�l:es1 to the princfipal6aLartce of the IndebteQness. I1 tsnder hn'as r-ary�acEeds after paymerrt M hril af tha IcrdeLtedr�a�A {��,-
<br /> "� procee�s shall ba paid to Trustor as Tnutor's intFSrests may ep0ea►• t�'-'�"�:
<br /> �.,.. Ur[e�::red fresurance af�a. Any W�xgtred insuran+:e Sh.ail inure to ttre:e.^.efrt of.z:a asss to.tha purchaser o!the ProDs�h►covee�d�.f�'•�s ��
<br /> . �:'!� Oeed cf'rwt af arry trustes's sa:e er otsa sale hetd under tita Pro�`��•�Deed o7 Tcust,or at any forarJosure sale of SuCh ProQeRl°• ��
<br /> � �w.y CamFliaase�itfi E�lsilny IrtdW2z:..��. Ouring tho pertCd in which�'7 Fxistin4l Indabtedr[ess de^�cribed betow�in effect.comy7atto0 wiU� _
<br /> '�� ttrs insurarte9 provfsic�aantairted in the instrument evtdendng suc°�E�dsting Indebtadn9,ss shaD eonstituts cotrspilance w'ith tha�r�tua�9
<br /> provistons u'4x ttix Q�d of Trust,to the euten!�Gnnce with 1he tertns of thts Oeed o!Tnst wo�Ad eonsfituta a dupfica4oa of i�tnance
<br /> � � r¢q�rement it any p:�eeeds from lhe Insutartc8 becarr:e payaDlO Cn lass,the prov'sions En thts Deed a?Trtr�i tar drvfsion ot prooaftds Shall
<br /> f aypry�-r.ty to tt3�partian ot the proceeds nat payaBts{r�t:e ndder c'iss�sting Indebtedrtess.
<br /> � � �' ;� ExPENOiY.�`'.:.S 8Y LENDEA. It Tr�:sior t�l,to compty with anY g.�•rrsra.r•of this 08ed of Ttusl,irtc[udng any obligaUon to mairtta!n F.�fr�g
<br /> � Ind8bta4n�5 in 34c�!stetnding as requ���.�sd�w�ot it sny 8ction ar F;�aea�r�g is commenced thai wouid mateAat(y aftoct Lendar's trtt�esls::�the
<br /> ' � property,LonGsr o�Trustofs bahail m3y,��t shatl rtot be requ�ed to,t�:a any action that Lertder deems apDfaPriate• MY emau�i u�1:W�Sder
<br /> e�enda in so daxrq w1!f�r. '^ta'est a11hs rato providsd tor in tha Nota frcm tha dats ir.aurted or pald by Lendet to the date af reg2�!�mrt by
<br /> � . Trustor. Ail suCh c�ns�,��wa:Cafs oPrion,w�➢ (e)Ce��rtbis on demand,(b}be e44:Erl:S�!he 6afanCe of ihe Nofe ettd tie BppOrHIIteBdl 3�:flrg
<br /> '' and ba pay2b's vc+ih any ir�':a7s"�snt payrt:ents to becoma C4e durtng eithor (i)ih0 torm C''�rcy eApIH.'Sb19 in5urdne9 pDllGy at c3J the rertfeit.inD tarm
<br /> �,';��'�' af ihe NOte,or (C)b9 Ueated as 8 6�'::r Raymen!whkt►w:U be dua�.':i payabia at the No19's maM!tY• Tht3 Oaed ot Trust elso w'.9 ssCUre -
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<br /> .�f` .. enlli:ed A�rioCau:t of lh defauil.gAny SuytdGr�tae bytLe d Sh3iiD not b9 C:+-'�tru d 85 Curirtg th9 delSU[�a`e3 t0 bet d9t hom eCan4riJ�1
<br /> 7c� i1 otrtanvtse wostc�tuve had
<br /> . � WAl�RR�IT1f:OE�HSE OF TITL&Th�t�9owtrtg provssiorts refatfng to owrtershlp of the PrapertY are e Parf o!thts Qead o!Yrust.
<br /> � Title. Tnc;tu wc�rrra�s that (a)Trustor hads good art0 rt�aricetab:e ttfte o}record to the Proparly in teB Slmpie,tcee and ctear o4 all Oers ertd
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<br /> � encure.hrercns aiher than ihwe set Porth in tha Reai Proparry d�:sn a tn Ihe ExlsUng Indehtedness se�tton betaw or in arry uranoe
<br /> � �. pc('�I,Glfe r-t{CA,or flnal tiCe aDintan issusd in favor o1,end axep:el=i'.lender In conneeSan with tt�s Deed o!TNSt,and (b)T�'�i��as lA9
<br /> �. ' � (ut!ti-s,�st,pr✓�trt,8na 8ulhorlly to execute and delivet thi9 Qeed of Tru�•xs tead6r.
<br /> • • pete�nse o?Tlt�. SubJect to the exceptton tn the paraqrapA 8bov8,Tw.�+�r wanant5 and wUl torever detend the 6tie to(Ae ProAertY w�it�s1 tha
<br /> . tuur(iL�aim�d.u'1���ns. In ihe event any setlon or proceedln9�s eomcrrertcorJ that quesitons Trustors 6tts ar tlte i�t o!�t*�.,�ea a
<br /> ' Lertder u��e►1i"�0•naf�x Trust,Trustar shall Qetend the eW on at Truslofs a�ore� .+•'�sto►meY be Ihe nominat party In such ptoeea�r►y,bu1
<br /> - • ' • L,��Rr Jsry�bs e;-t'tl�:;,�partictpffie in the procee�ng un0 to be re;�ese.�ted i-,I�c�proceeding by couruei o!Lenders a�m efio�e.and -_
<br /> � ts;.� Tr.�!:�v�dt ii�Sv2r,ar eatsse to be drJi�r.red,to Lender suc�lnsW crsrtt��s t-enQer mar re4t�st irom dme to tlme to petmit sucn pa�°�c:n•
<br /> '��r '`.'_� Cr.+.�sltiluc:x W(th La4va Trustor wuranSs Ihat tho FropeAy an+i P�i�raars use of tha Prap2rty�c.-pile,a w(th all e�dsUn�ayIIfadsla�aw9, _
<br /> ordinarsCes,and regut�Uons of govarnmental autho�iites.
<br /> . �L��TIHB �lygL3TEDlIEgS, The to:iov�ing proJs!ar,s cartcarning ox1sG�•g InQehtedness(iha'E�dsUng Indebtedness'�are a parl ot thb Deed ot F-
<br /> . Tn:st. � � _
<br /> ' F Er'.stinp df.en. The lien o}tAis Oeed ot Trust securir.g tha irtdeb:ed:e.s^.may be secondary and ini�lor to an existinp tien. Tn�2or e�r�sly
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<br /> • ' �� cot:rr.sr.LM1 nrA ttgre99 to pay.or see to Ihe DeYm¢nt oL mo E�a�Rg'•�Cebtednoss and to preveni any Oatattl on suCh Inde4ledt�s.G:^!�Ni r,-»N;_
<br /> • unQer iho in3trumsnts evidancing such!ndabtadna53,or any dalauil under any setur(ty dxurtteats tor suCh indebtedness.
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<br /> . �, I Qete11;� 14 ttq paymoM o!any instaitmenl af prinapat Or any Int�test on ihe ExisUrtg indehtaEness ts nat m3de withtn tt�Qme tequired by tTie _
<br /> •• no!B ov►Cer.Cinfl Stich IrtBabtodness,or sho�'d a Qefi�uff oceur undor tho lnstrurtv3r2 eoeuring SuCh inde`ateQness as:�no1 bo ctue�Qtx�np 8nY
<br /> j app:tzab;o g�,*.�o p�rn:d therein,ihen.al tna opLCn�1 l�ndor,lhs indoDtsdrtess�cicu-�d by this IIeed o!Trwt 5[imt•C�come fmrr�dlatery due __
<br /> " artd p3yn�o.flrtd tAis Deed oi Trust Shall be in de u�ll: _�=__
<br /> No Ma4tSaaica. Truslor shall�01 en!er into any agre8manl�vth ShT_i�a0or of any maAgIIgo,deed:t':�rti oi c`i��'s�cuAty a�eement whlch �i. .
<br /> '',�."�� ha,prlonfij a�rst tAiB OCed o1 Trust by wh!cA ihal2grremanl i�moW.�M,am�nded,extended,er rentwa.rS u:.'tc::t ihe pdo�wrfl�n consent of ��,.�-,.-
<br /> '�� � � 1.ersdm. Ttustor shatl nsiihsr rsquest nor accEmt ttnS'Pltu*e advan�s under any suth security tsBrC:�"r�r.t wil.`.al�:��a Odot written cons[trd of
<br /> �• i Lender.
<br /> ' � CONQE�I�tAT10N.Trto toYOwtng provisbns retating to ccr.ao�►ruLan pracoe��s are a part of th�Daed ot T�us4.
<br /> Ap�s(tcaib�of Het�roeeeds. II aJ or any petrt ot the ProgerR+ts condnmr►L+�by emirtent domaln pror,eedings or by anq prooeetl+,np ar
<br /> pum.itr,:p in Gev o!condomnatian,Lennef mm�y at ifs etoctton raqum ti�i a0 ar any potUan o?ihe net prooseds o1 lhe award bo�yy9ed to the
<br /> IndrUteGaes9 or iha repalr or r�toraflan o11hs PrcpeRy. Tf�e n_t Oraoeed,o!ihn award shal rrte8n tho awBrC after payment af aN�asonsbte
<br /> casts,e�3�.Eu+d attssmeys'tec�s irtcurred by Tnsstao or Lsader In eonnecton wi[h thn conQemnation.
<br /> � p�nr�p, i}any pro�seding in tandemnauan ts YeO.Tnrior&haii promptiy r.i�fy Lertder in arri�ng,flnd 7ntstor Sh311 ptom¢ity t(tke Such
<br /> steps 8:,rt'ny Cfl nsoessary to de'end Ihe flcllon end obtein ihe awar6. Ttwtor m.,.;f Co U�.9 rtom'.na1 D�11�n suEh pro�edis�g,but lertder sf�11
<br /> • bo entitio�'.o p:.rt.'cip3t9 in 1t�9 pro�edn8 ans to bo reptesente0ln the Rra�eding by counsel o!tts orun chak�„artd Trusta wfl deNver ar
<br /> ca�e to Bo Qstiverod to Lendar such trrsirumont�s,may hs re0u�ts0 by it trom Hms to time ro Rarmil such parSc:patan.
<br /> � INJPOSlTt0�1 GF TAX�S,FEES Al�ID CNARGHS BY GOvEA131�1TA!-A!lTkflRITiES. Trte toLawing provstons relating lo QovammeMal taxos.
<br /> fa3s and chare,�os flre e parl af tTts Oesd o!Trust:
<br /> Cttteenl Tctes.Fee�artA Cttergea Upon rapussl by Londer.TruStor sh3'.1 arecvte sttch dacument�U a4di:lon to tR13 Ooed ol Trus1 artd itks ,
<br /> vlhatav�r o't�r actinn Is repussted by londer ta perfect and conUnue I.Qn�s t:an on the Raal Piray2r�Y- Tru�fat sha'1 re'.mDur58 Lander tar ai
<br /> 11:�,es d�scrib�d b�'a•r�,tog�t�er ciith fl!1 e�unSES irteurrefl in recorQing,Oerfectin8 or eon'lnttng fAi�Qeed o1 Trus1.inC!uding v�f'.t�ou1 •
<br /> , . J limi�t•nn tt!i L'ze"�.f��s,QDtum�n?^ry stamys,IIn�OihLr C4targ75 tot record:n�or reg:s+wdrtg tht3 O��d o!Tr�t
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<br /> TexE3. Ttro 10"otrinp s��11 tonsmu:�taxcs to rrrtsh iiris setfisn�&yG::r',: (sy o��L:z s.�oss l3�:-".l�;pe 41 Q?�d!�f TnN�u�nstfsi a9 m arty
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