|
' -� ' .._._y�_.,....'�'h'�i€���`.. :��`s'�!
<br /> .-- b . . . . � --
<br /> , � ..:"� . . . . . , . .. . • _
<br /> . . �
<br /> . � . ,
<br /> .. - � _. . �.�r /L . . . .. . . " ._
<br /> : . .- .si�S':t_+'!`:.�.� . ' , � . . .. , _��
<br /> � � y.��.—_. � - '_--._.--._�..._.__.�_........._.._ _'"""— ..
<br /> �
<br /> � �� � 99-�.��.��s t�:
<br /> �ov�vae�rs
<br /> �` " ti. Raymssfte• Bavouror agreea to mahe all paymanta on tho secured doDt v1h�n due. Untess Bonovrer and Lendat agron othennriso, any
<br /> payments Lertder raeaives fro:n 8erramw ar tar Borrowor's banefit wii!be appliod first to any amaunts Borrower owes an the seeured debt ��
<br /> ' not�iaduco or excusa�a y sehadula�aydtrAnttumil th eLUred debt s peid in fulla�prepayment of the securod dabi occurs tor any reason,rt witl
<br /> .v
<br /> � 2.Cletms Ageinst Titls.Barrovror+�iU,;.av aU texes.essessmenYS,and othar charges omibutablo to the property when due and w�ll dotand title
<br /> �S
<br /> to the propa rt,yegcinst eny elaima uhtch vuea►d impait ths lien of this deed of trusK.Lender may require Bnnovrer to assipn any rights,claims or
<br /> ' datonses v�lveh Borrower may havo z�ainSt partws who suyplY laCar or metadals io impraw ar maintain the proparty �.
<br /> 3.[mutanr.s.Barrower�nrill keep tt,� ¢ra9ErtY»wee under tenns aecoDtab!e tfl Lendar at 8orro+rror's expense ar�d�for Lender's lsartefit.All �
<br /> � insurance Folictas shall inelade a sKaMard rrtortgaga clause t�4awr of lendsr.Lattder will ba namsd as toss paVee ar as th3 insured on any sueh
<br /> 0 o thfl scu°r d debt IfuLertdo�req�¢s�mortg ga ms��itran�,�6ononi ei agrees o meintaen such in uranrA for as long as Lender$requires roparty —,
<br /> ._ _ ,�� �,_.
<br /> °` ' 4.Progarty.Bortoinrar wll kesp th�e 6rr�rtY 7n Ho��wndition and make all repalrs reasonably nncossary• �
<br /> ,�--� �
<br /> _,._s,�X.4`._� �.
<br /> g,E:ptngaa.Borrovrer aqrees to 4ay�1 r ertde►'s expansas,ind�c9ing reasonabfe attorneys'feas,�Borrower breaks any eovenants in tNs dee �,
<br /> . af ttust ar in urry c0i`9auan seeur¢d�+/this deed of mcst BortoLVer w�ll pay these amounts to Leader as pTOVided in Covenam 9 of this Qasd ut �.
<br /> VUSir F e
<br /> • �.FKar�eatrEtt+I�s�ts-�nlc,�E Ser_ower first abtains Lerrtter's written consenL Bi�mortgege�dasd o�uustfo�othersecurrtY agre9mer t :;`_
<br /> . � security iatFSreets. C-nttov+rer ndQ p��acm aI1 of Borrowar's obtigations under any p� _ .._
<br /> ; # inetad'sn8 8ortavr�s'c havanarc?s itr rrahe payrt��:ts whsn dus. s?-_-
<br /> �'t� 7.p� �ttt oE(;r�p trtd pmfi4s,Batrower s�ts�+s to Lender ths reMa and prafits of the proparty.Unless 8orroti+rer and Lender havo agreed
<br /> `�f�;�?� uthyav�s�e in writing,Bar:o�:ot may collect trJil cr-�in tfie rertts as lon9 as HaROwer is noi in dafaul�If Borrower defaulis,Lender,LendeYs
<br /> ��t�,�•' agsnt, or a court appoIn*ed recaiver m�y tatce tawsaesslon and manage the p�cpsrty and collect the rents.Any rents Lender collecta shall be
<br /> .:,�;c� aDP•��first to tha eosts of managittg ihe pro;.�rn/.�ncludinA coun costs and attomeys' fees, commissians to rantal agerrts, and any o:her
<br /> :�,��y". • ' ''• necessary related expanses.�"an rerrt3m�ng amoumt of rents vrdl r.han apply to payments an the sectved debt as provided m Covanant 7. -
<br />�`'�'. � '"• B.Uu�hotds•Candan'iniva"s:Ptannsd Ur�t Qav�ycnsM°'L°�r,��et agrees to compiy w[th cQt:.Grovistons of any Iease if thts dsad of vust is on
<br /> . �r a leasehold.If tN3 deed of trust is oa a unit i�a candomtM�.r.:er a plennad unit davatapr..:r:,0orrawer will perform Ett cf,•Qanovv�r's duties
<br />� ' ' urtQer the eavcarsK=.blFta��•ar ragulatisns of u�condominiun. or plannsd unit development.
<br /> � ' b � l�a,,.s.,�it�t,�;�m;det ta Qurfcr.n f¢r Barrower. If Bonower taits to per�orm�Y of Bonowefs duties��r,x�this dee3 c`�ust, lendsr rrrey _
<br />?;,y,�,y., • �, .; t�13RS.^,^I�t9�L��fiS ar eause t1-r,rr.to be pertormed.Lender may sgn 8orroua��nama or pay any amount��e�ssasy fcz�a�ormance.If�ny
<br /> :.�
<br /> �.�•• • • c�vetion on the ptoFertY��'��may inctude eomp eting*t.a��str�uetion�anner,Lender may do whateutr�s necess�:�.protecc Ler.�er's
<br />'.�:�t,,:_ •�, sacurity irterest in the FrcFarYy.
<br /> }p�`� � Lender's taituro m Raricrm ti�ill not preclude Landsr irom exercising any of its ather rights under the laY�or th's�e2d of Vus". --__
<br /> � ' � Any amourts paid�Y l.endst to protect lendefs sacurity iMerest will be e�x."sd by this deed of Vus!.Su�:amflunts wifl ba due on d3mand `;_
<br /> u
<br /> � � and wf0 bea�interect tram the date of the payment urnil paid in full at the imst.."t rate in eHect on th9 securE�Gabt. _
<br /> -v�• �p,Qetsu[t�r.d puetarstin�e.If Borrowar faits to mako any paymont whan due or 6roaks any covenanis urtder this Qsed of trust or anY -
<br /> obligation seeuced 6y Ur3n dortd��1 uust or any prlor mortgago or daed of uust.Lendet rs►ay acceterata the maturityr of L*.a securaA dabt and
<br /> ' demand immediate paymarr:snd may invoke the powar of sala and any other�amadies parmitted by applica0fe law.
<br /> �� :%i:t�, � hereto�at tho addr�ss o�eaehfsue�t►�P�son eas s8etor�d�here�n.��}�°�ma e�.�ucos af detauh ar.d sals be sera to eaeh�.ssan who is a party
<br /> -�i.';�•�� . ';/t:i!'
<br /> _?t„f 12.Povrat af S�Ie.►4 ttq Landsr invakes ths pawer of sale,tha Trostee sheU first record fn tha office of tha ru9ister of daeds of estk aaa^r7�
<br /> --a�wn - whoroin the trus[yraportY ar some paz4 or parcal thereof is situatod a notiee of dafautt eontainin9 the iniormation requirad bV Iaw.Tho Troat�v
<br /> ' c�all atso mail eopiac c.'WD rtnte0 of default to the Borrowar,to eseh porson who is a partY hareto,and to other asrsens as presa.�s�Ly
<br /> � aDD���blo law.Na2 lacs tt�an ono month after tho Trustea records tho notico ot dofau(t, or rivo months if the Vust DroSartV u not in any
<br /> incorporated city ar vilaHa and��B�in ferrning o�parations carrled on by ths truste�,the Trustoe shall giva publit noUce of sale to tha parco�s
<br /> ;"�'� and in tho mannor pre�cribed by appplieabb law.Trustse,without demand on 8orrower,shall seU tha propariy at publie auctlon to tha highgsY
<br /> ;:i• : .;.�•�,• bIdder.lf requ:red Wy 7nu Farm Homestead ProteCtion Act,Trustee shall offer tha propErty in two separate uales as required by apylicable lavv.
<br /> ,, Trustae may po�,arts saFa of all or any parcel of tha proyerty by public announCament at tha time and placs of any praviousty schedulad sate.
<br /> �,'- � - Lender or iLS dosiIIrtaa rttay purchase the property at any sate.
<br /> . � t..,
<br /> ;_-„• Upon recoipt of�ayir,ortt af tt.o prlco btd,Trustes shall daliver to tha purchassr T justoa's dtt2d eonveying tha proyerty.The recitials contained in
<br /> Trustee'a daed si�a116s prirrta facio evtdi2nte of tho Vuth of tlTn atatemsnts eonta.nsd tharefn.Trustea shall ayply 2he p►oceeds of the sate in the
<br /> a � fo::ovring erQar: !al ta atl expunses of tho ea1a, inetudirrg, but not limitud to, reasonzm:a Truattto's teas, reasonabto attornoy'8 tees and
<br /> �.�;��.'. • reinstatert:ont fees;(b!to:.!t�ms s2turod by this do�d ct`inLSt,and ic)tha b�lanco,if any,to thfl persons lega�ty omitled to reteiva rt.
<br /> �--i°��+s���..�•. 13.Farsclosuro.AC ten4eYs option,th?s de�+i�:+ � -�a! �rs",'6e toradased in the mannar provide by apD�icabta law for toractosure of mortZagss
<br /> '. ."`�.�:'°'�' on reaf propnrry.
<br /> �,..3is�:z�rjKG
<br /> _=„=��'� � 1q,� Lender may enter the properiy ta insyect it ii Lendar flivas Borrower notice boforohand.T1'.o noUw must stato tha re�na7rlslo
<br /> ---. _-__- = cause Cr Len3ar's inspection.
<br /> '_ 7..p_�.'rt '
<br /> :;�;- ..�-. �,; 1g,Cartdmr,natinca.Borrowar esstgns to Lendet the procaed 12IId as provedQd in�Cove a i81 Th3s essi�sra::is eubject to th9 terms ot ar��prtor
<br /> '''" ot a11 or any part�of the prop9rty Such Grocends will be aDp'
<br /> _`';�'��: seeutitY s�aomnn2.
<br /> _::..�. ��
<br /> `-��c:=�-�.;• 16.Wduer.4q exercisin3 any remedy evailabte to lender,Lendat dons no4 g�ve up any riphts to Iatcr use any othar romedy.By nnt oxcr�stng
<br /> '� •-w' � • any remaQy uIIon Bonowcr's EefauSt,Lender does not walva any right to later consider the ovent a dafautt if it hapyens a�ain.
<br /> "�����— 17. Jotnt and SsvKal U��Co-st�rs:Suceusas�nd As�lqna Bound. AO Quti�s under thla daed ot trust sre joirr:and soveral. AnY -
<br /> � '""`�"�'�� 6orrevfet vrVw co-signs this dead of Vust but does nat eo-sign tha underlyin debt insuument(s) does eo anty to grant end convey that
<br /> �.fi��w� ,•..
<br /> ��;_y��:;.,,:, Borravrefs iaurest in the propertt/to th9 Trustea unrSet tha tCrms of tAis dea0 o trust.In sddiHon,sach e Borrower agrees that tho Londer an0
<br /> •�•,� anv o•Jot Barrovtar under thls desd of Vust may extend,modiiy or mako'a�Y other eho�r•3os in tAs tarms of this doad of uust or the ccrured
<br /> - `'":+�*�s'� dn6t vrith.uut sF.�rt Borrovaera consant and without releasln3 that Borrower fro:n the terms ot this deed ot trust.
<br /> ,.. . ., � -
<br /> • Tho dutIos and Esnafits ot this deed oi wst siwll bind art4 benefit the sucee�sora and as�;.,•s of Lender ans Borrower.
<br /> ' 10.NaSu.Ut.!ess otht3rwiso requ;red by law,any natico to Barrovfe�sha0 6e given by Qclivering it or by mciling it by certi:ted mail addressad to
<br /> �� ' ' Barro�rer at the FropertY addresa or anY other ad6ress that Bonowar has g�ven to Lendef.BoROwer w�ll g'�va any not�se to LenQer by certifisd
<br /> ;;��• • � mail to LendBYS adQres�an page 1 of this deed o1 trast,or to any other address whlch Lender has designatetl.Any other not[ce to Lende►ahall
<br /> _ � �'..",�;,' be sent to Lendet's addrass as stated on page t of thls deed o9 Uust.
<br /> My notice shall be denmed to Aave been gi•�rnn to Borrowar or Lender whan giran in tha manncr atatad sbova.
<br /> � tf1.Tranatsr o1 ths Froy�Ay a�e�1d�1 trrt��n�n ths Bwrmr�s•H o��cr nrry psrt of tha property or any interest in it is to!d ar trurtstcrrod
<br /> ` �viihout leader'c prior written eonsent, Lendee may damsnl immrd:sto pnqm�nt o1 th=ceeurod dobt. Lender may also damand immediato
<br /> � � , gaymont it tho Barrower is noi a naturu!Ocrsan an�a be�4iUa1 Intcrost in tfia Ba:razru ia so:9 m tran3tarrnd. Hmrovor, lendor may not
<br /> dnmand paVmmn in the a6ove situatians if it Is proh:Cited by f¢d�rn1 law os of th3 dctEi of this dced of uust.
<br /> � ' € Z6 RsconvtYac.es.When tho obligasion sEicu►o�bY th:a deed of trust h�s bsen paid,artd Lender h�s no furiher obiigation to mEko cdvancas
<br /> ',;;=�' ' undor the instrarmsMS ot agreerteents caeured by this Qesd of uust,th�Trusto��hal1,upon writtan roplest by tho Lender,roconYaY the mut
<br /> --• �- proporty.Tho Lender shetl deliver to tho Barrower,or to Borrowor's suceessor in t�terest,the vust deed cnd tiso noto or other ev�dEnw of th9
<br /> obL•IIatian so saiisfied.Barravvtr shall pay any recnrdatton costo. _
<br /> 21. 5uecauor TrusLe�• L.endet, at ltsrtdor's o plion, may �amova Trusiea and aDROint a cuacos.^•o�uustea by first, mailing a copy of ths
<br /> . sutstitutlan of trusteo ns requ'.te�Dy app:icab'o lav�,enfl then,by filing th�susatitution of trusteo for racord tn the offico af thn register of dseds
<br /> 'i Ltttccr d t cD tho p o v+etr,dut���IIutn°►ri E d trtla a f th�Trustao namss nh 3�10aee af uusi n�dso iny cuecessoiVtrustee.of thv property,sAall
<br /> � IFspe 2 of?/
<br /> i
<br />. . . . .-- .---,.— .1� e.�rcegyvSTfltS C:t.ST.CI.OUD.tdtJ653D111$L43�J?•2341/itl+�t110C�JM6ti501FJ:d/ .
<br /> �2 '
<br /> i
<br /> = � ,
<br />
|