� . ' . i _. . . :.3 w.nrn.` _'"'.
<br /> - '__ � .. . . _T"'. r��"!:t_" .. . .
<br /> - - .. `�.�^ . _�.--.- .,_._�_' �. ._ " _'_"_"." '` '"'"_. "'_"_' ".__ __ '___"'___' ' '___ ' .`• _' _ - -,_..._'_ '�
<br /> . 99' �.o�.c�s� } .
<br /> COV�IANTS
<br /> t. payme�s. Borrnwat agtess m mako a9i �ayrtrsnYa on tho sacurcd d�bt avhon due. Un:a�u Sorrower isnd Ccndcr a8rea ou+erwise, a�y `;.
<br /> � � gaymere4o Lender reeeIues from Borrowar or Ot Eatrotiver'o bartaftt v�ill b�applled fitet to any amcunta Berrawer ov�es or tha sacured dnbt _
<br /> � oxciusfve of tntarest ar prinolgat,BSCaAs LO IZ12Cf03L,onfl th�n to RrinefpaL If Dartiat PTOpaymaM of Mfl aeatsred deb2 oecut8 fot any rouson,it wiD
<br /> RDt fCa�tC9 O!CXCU58 HRy BC}tBQU:Cs Q3j(Ri�nt until tho cac�:red 6eDt Is pa:d tn tul1. �_
<br /> � � • 2.Cteitscs AQdttat TEt:�.Hcn�ec evti!pay s:l hxe�.a�s eee�ppp amanta,und other ehargss attrthutnbla to tha praparty whan duo ertsf vrill d�fend titia
<br /> " to th�pfanerty� a! t ony elafms wtsicl��Y�iI��QB�r tt�Ran ot tM3 d..�of trust.lenAar may taqu:ro 2arrouvar to a9st{n nny Hpfito,ctaims or
<br /> • �,� defenses wh1oT�orr�+rrar,�4TF hive eDelna3 pirtlea who��DDh►�aIIar or materie4�ta�mprova ar maintefn thn proparty.
<br /> 3.lnssuancs. 8crtroti$r cAil keep ttsa prop8�3V tn3ure�undar terma sccopteble to Lertder a4 Bottower'8 expans6 end tot LandIIr's eanotit.Atl
<br /> cr�suranao pa!IC6ss ehatl inatud3 o atsnderd rtmrtIIava ctauss ln favar of lander.Lender v��ll Ce nnmsd ae Iasa paYcn or eo tho insurQd an eny suefi `
<br /> insurence palicy.Any inswnnso Droeeade mpy fia ag¢I1ed,esith:n Lender'o dlserotton,to citftat th3 ee&toratton ot repsit o4 tho damag:9 propEriy
<br /> � ' ar m t4so socurad debt.If lendar rsaulras mortgaga in3urance,8onovret e8reaa to m¢iMa�n eucPi insurancs for au ton8 us lender r¢quirea.
<br /> �:•
<br /> � '-.--- 4.Progerty.Bottovler a1i11 kee�iho propaRy in QaoO eondRion artd mako aii ropcirn ren�ons63y���•�cosxty r--
<br /> �—,r^ � � � 6.Expanaes.Borrowar egrees to pay all lertdefa exgenasE inciuding reasoneblo attorneys'foos,if Bortowor brealc�any cavonaMS in�hIs deed �: :;
<br /> 04 wst or in any oDligatton seeured by thi3 dead of trust.�onowe�wf11 pay thase nmounte to Lendar a3 provtded in Covcnent 9 of this dead of
<br /> . trust.
<br /> 6.Prior SccurJty(�Rnrasts.Unless Barto•ruar first obtafns Lender's vnttten consanL 6orrower v�0 rtot make ot psrmit ony changas to eny prtcr r��-=
<br /> indud B�Bo�r'a�ovoner�to mako paymemo v�hen Que�btigations under any prior mortgage, desd of trust or othar security agreament, __
<br /> ��,-
<br /> ,� ' ?.Assi�r..es:t of Rec�and Pmtit�.Barrot�rcr 2sstgns to Lender tho tettis and profits of the proparty.ltnless Borroriar and Lender have agraad �•._
<br /> • ; � othervitse in wriUng,Borrorrer may eo',:act e.zd�c�tain tha mrrts as long as 6orrowsr is not in defaul� ff Barrowor Qsfau�is, Lender,Lendar's =
<br /> c�ta
<br /> , , s,,ertt, ar a ccurt appoIntad recaivar may Ya:ce Fossessien G.d mana8e the ProDBnY�d coitea the renis.Any rents LsiirWer collects shail bo
<br /> _pDf:e�fast 49 the costs of cnanaging tF�3 praPertll, irtc`.c�'.a�wurt eosts and attameys'foes, commissIOns to rentat z3ents, and any other
<br /> '; .� � -"' i-� nacessaN m`�'�exDe+ues.Yhe tamairr.rsg�ttaunt of rertts wilS t�i en apPly m paymoM:on Yne secwe3 Eabt as provided in Covanant 1. �_
<br /> 8.Leaseha::!.,��Condamintums:Plnnnsd Uni2�oveiepr�ear�4s:Borrower a�rees to compiy vmh fie Prods:ens af 2ny iease if ths de2d o1 tna.,�t�s on
<br /> ' a leeseho!d.«L3is dsed of trust is an a uni in a candomirium or a C•�%%��unit davs:a�marrt,Barrovr_r vrifl perfarrm 23 af�.�ra:rt^.�c dutins
<br /> , ,, �� ::ndar t�e covz�ants,by-laws,ar regulations of ttee condamInium ar plsan_b�nit dsveta3T.em.
<br /> ' 9.AuthaSty c1 Landet to Pe�tarm tar Bortaww.It Botta•u;s tails Lo a2r'crm any af L�z^rcnrefs dutEec ur►der this dse�cfr�st C�:���ay =_-
<br /> ' � ''�• peAorm the�ui.'es or cause them to be perfnmtad.Lender may slgn Barrower's nan:s a• �any amoun2 if necessarY far�orfo:Tr,�'�a:�V =_
<br /> � � " �pns�ructcR�.��e property is discominus�J or not canted on in a reasan�*'.s mannar.lr-�r may do whatevar is�cessarl+to prate�L�afs _
<br /> .. •��`'`R cecurity ir.�r�in ths proRertY.This may i::Glde camplatirtg the consU¢��. =
<br /> ' � '`��� �.
<br /> . ':"��.:,(�� leRdBfS f:3:Y:7*'a:�perfsrm will not prec:��.�:r�rsdet from exarctsif�g any a:`�rs�ther�ights undar the laYr��:s dasd of wst.
<br /> �-
<br /> ,,�`��;,�: t� Ar�y BmoL:..�T:.:d by LertdEZ to protett Lsr.C2r's security intete�t will��aaatred by this desd of Vu��.:ch amourns vuill be dae�^*�inr'�and �;,
<br /> and vn11 ba3 iniarest fram tir:a date of the payment usttil paid in tul at the irtterest rate in eHect on the sesured debL =
<br /> , . "I��,, " 10.mst�:3nd Accelsration.If 8oaowes tz's to m-���r�v, paymem uvhen due or breaks any covenants under t�:a�.sed of vust or arry �
<br /> �;,.f�i::�;+,r obligetia.���x:red by this deed of bvst eT�*q Arior rr.�':�,^a or dee_cf trus4 Lender a.ay 2�s19rate the maturity�Cie seeuret!QBbt and
<br /> -- ✓+='�i' demarzd:-rrxa�aie Payment and may invoic3 C-a�ower�f a�fe�d�"K at±s.s remedtas yermitted by appGcable law.
<br /> : . ;:?�3'7ri,�
<br /> .r J�•� . �1.��az�iar RlatIc�of Oaf�t It is h�^,at�,2�ues�tz3'��t�a�:es 3'"r�:�otices of default and sa!e ba sent to each r�arson wha f�a Pan1l
<br /> � �l�'.''f`'. `�a:�,a..'RS address of enafi such parsor..:as rst fcr'�`�r�,$r..
<br /> ,,;.f..
<br /> � ,� ��.F3SnET��5��.1}tTtO L@71d6f�tiV6k84 t�'2;..^••V�f'�f 381E.:�.Tr.:��s•a11 ftrst ra��?'r.ihe oHice af the reg:�:t cU=�a of each caumy
<br />_ ,:.•!: " .:,1��^::^.;.ti��vst ProRarty or some pert oY�,.�1 tlsar��a..:atad a :���of defauii c��tn3rtg tt�.e intmmation rs�tr�.�sY law.'i'he Yrustea
<br /> ereto, and m ciY:u �ns as G:�=+sFhed by
<br /> � :.,� � shall aa�:.-��L coptes of the nottce of d�a.C���tha E�-���r, to e_�ti xr'��n v�ho is a partY h G�
<br /> �•�:,.j�r.� ', a D p l i e 2�,� t�.Not Iesa than ona mornh �'�r tfie Truatae recards 1Y:�7�:s� default. or two�r[a:�s i1 ths mist ProPariY�s m�:in any
<br /> • ° • `d''`� tneorRnra:a�city nr villago and ia used tn f-�nsN�g oRera Uo n s c a n i e d c z����i m�t r u.t o r,t h o T►u s t e e s h�!�i�e p u b i i c n o ti e e o f s a l a t o tfyr.t s r u sons
<br /> }" ' and in tlio mannar prescnbual bV�epppl:c�'ts ta�v.Tru�o,without dan:sr�i•�n 8or►ower,shail sell ttt��:FBnY�D��tc aaetion to ttr�::ighest _
<br /> . , � h:dder.If required by the Farm Homaswa�7crotectton Act,Ttustee shali offer the property in two ceparate sates as�equiresf by ayplicabte law.
<br /> IT,e d r om'tt�s desl�gnea m8ay purch�ase the Rroperty amt any sPale�by publtc anttouncament at the tl�e and ptaes of any prev�ousty scheduled saio.
<br /> '' � Upon reeeipt of payment of the prico bid,Tnistes shatl daTivar to the purchesar Trustee's dead conveying the Rroperty.'�e redUas containod In
<br /> ' Trustaa's desd ahali be prlma facia ovidianco of the Wth of tha statements cantained thareln.Trustes 6hatl app:y the procesds af the sale in the
<br /> - � toilowing order: (a) to eU e�cpensos of the sal0, ineiuding, but rtot limited to, reasonahfe trustet►'a feas, reasonabte attomayc feas and
<br /> rolnstatement feas;(b)to aU sums sacurad 6y this dusd of truat,and ic)thu batanee.it any,to ths persons logalty antittad to receiva tt.
<br /> • 18.Foracb:ur�.At Lender's optlon,this dead oi uust may be farectasad in tha mannst provids try app:ltab!�low tor forealosute of martgages
<br /> ;';y:�,-;.-,y onrealproperty.
<br /> --�� '�� '`� 1;,Iruwetinn.�endar may entar the propsrcy to insDect it if Lender gives Borrowar notiea bstorehand.Tho notice rrtust stum ths reasonable
<br /> '�.,^*r-•:�.�a� cause for LarMefa inspec8on.
<br /> -=,::,.0 k'.
<br /> �=�'�'"''"�()`'�� � 16,Coad�tsuntlon.Borrowar asstgns to ILertQa�tho proceeda ot arry award ar elaim for dama es eonnac!ad with a condemnation or oi+nr takir�y
<br /> � .•.(I�:f�l
<br /> �'-� ���ti'� sec�ar ri agreemer tf the proparty.Sueh prc�rds wil!bo aDDliad as Frovid2d in Covanant 1. is ass`.gnmont is subject to the terms af Fny pr[or
<br /> == '..a; 16,Waiver.By exercisinp any remedv avuilable to Lersd�,Lartdar daes nnt 9ive up any rt�hto to tater usg anY other rar.ady.By a�t exercising
<br /> � '. any ramedy upan Bonowaf s de}autt,Letsder does nat wui:+�anY tlght t9later eon�fder the ovent a detault B it ha�Fe:s��r,:'-�.
<br /> J�R;;;.
<br /> -'-� ��,�•� ; 17, deir.t rsnd Siv�rY WbiGtv; Co�tyrara:3nceessa� �d As�gs �irsad• Ail Qudes uttder th'.s �cc�of trust s3 pi:t ar.1 ruc+aal. Any
<br /> � ��'"�'�`�'•!!% Borraarr•r �'.dsa co-signs tt�fis deed of uvsb'�ut doas c.ai co-stgn Ma.:rn'r.^.rtying debt fnstrument(�2 �lacs co onJV=� ,ra^2 g�l r.r,�n ay that
<br /> '�-"•`�`�::���"'• " 8orrowat F itciatest in U:0 propettY to the:!tistee under the terms of ds�rs4�sei of trust.ln addRian,cudt o eortowar r.��s�sss 4hat u'ta I�tts".e�and
<br /> ••,� : � � � any otDar c►.�rower under th'.s dasd of trust may exter.d,crtodiW or r...�i�e D y other chan{�as fn the terms af ttiu+buui r,t trust ar tfm�ecured
<br /> "" "-`°'a deiot withasn tAat Bonawar's eonseM ar►d without relea5:rs�that�onow.r�tom tho tarma of thi�dead of trust
<br /> " � '��� The diti:e3 and benafits o4 t1-is dead of Vust chail bind and Eenot'R thn s�crassora and auigns ot Lender and BoROVrer.
<br /> • r .4
<br /> . ,i!;� ' 18.Natica�tJtslas�othe»�ice required bY�a�y,a�11�L�to Banawer r•iLdL fzo given by dulivoring it ar I�y mailing it by carGftes maR raf+irta;sed to
<br /> •Y @erreaiar r�t �fre proparty ttddtess ur anY r�rf-sr addrosa that Borrov.rcr fsa:,.�,1von to Lender.Bonovre►wdt give any norice to Len4�n'Iyy!�:artified
<br /> ��' ' r�ai1 w t�nifbr's address on pag�1 of sfKrs•�:�od of trust,ot to any oticr+z<_�ress which lender has rL•.�.-.4;natad.Any othar notice tn I�mrier shall
<br /> . tie sent to Lendsr's address es statad on pa;a 1 af this deed ol uuit.
<br /> Any noUce aha11 be deemed to hova 6aen givon to 6ortnwar ur Lendor when given in the mannai stated above. ,_
<br /> ' =} 19.Trenstsr of t!N Property or s B�nefleiai Irtier�st In th�Barow�a If al!ar any part of the property r.r ony iniers�:m it i�ea!d a►•rransterred -
<br /> ti w i t h o u t Lcr►doYa prlor writton eonsent, Londer may domflnd Immeditta aaymant of the sewred dabt: �enQer moy also domand farmediate
<br /> • daman0 pay engin tahe above s tua��,f itp ia p ohiti an d 6y t dcre!Iaw a�s of ths Qa�te of the3s dood�a!inim u:s f e t r e d.H o w o v e r, L e r v l a r m a y n o t
<br /> � f 20.R�cormYar�e�•When tho ob6parion secureA by this doed o!trust hua brton paid and Lertder has no furthar obligatlon to make advances
<br /> ° undDet tha tnstrumanto m a�roaments soeures by thts dxd of trust,tfne Trusteo ahai�uyon written requost by the Lender,raeonvey the trust
<br /> �`'° obii3atrtion so set35FiCdaflorrove tesha:pay any ecarQaUoT�eor�£er's successor tn intorosL tRo mut dced and th�noto ar other ovldttnco 04 the `
<br /> 21. Succ�ssa TatsUN. Lendcr, nt LCnLlefs oDtian,may ramovo Trustus and appolnt o succoscor trustas by tirst, mailing a coyy of the _
<br /> ' � substitutian o!trustea as reqared by apDliGahte law,apnd then,b1�Gling tho suDstitution of wst¢o fo�t�eard in tha office of the registo�01 det�s =
<br /> iuseead to a�Uie pai��h t�tt�ss ouUior�nd titto oi t fl Tr��tee nam d n�t�ho Qeed af tr�u�artd of eny ueeessor trwt m of tho proy�rty,sha11
<br /> . � ,
<br /> � ,�i
<br /> .j =
<br /> . ; _
<br /> , l� •:� m��2 os v
<br /> - c�:-K�.'�srsrc�ss.r.:c.,sr.c�aun.rr.:�e�zo�n-ecas��•tson wrc�acv.earar.a onsn� -
<br />_ .-.__ - . .... �
<br /> — • � � �
<br /> a� -
<br /> i
<br /> -... -.- -- --
<br /> _. ..-....---�--•�-�.
<br /> '"' -
<br />
|