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<br /> ' ,i . b9-9�1F��� D�E�OF TR�ST ��° ���:a�.s� Page 3 � _ .
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<br /> � � Uues(3)ye�s.Iesse-oPUOn contrsut,or by ae.es5$nrrt2nt,or trartsnr af 8ny CanaP.dal in��r�i in or to any tand trust ho:ding 6L'a to lh�Reat , •
<br /> � Rro�erty.Or by liny other trtehod ot cornayanCE10?Re31 Proy2rty In�r�,Y. If 8ny Trustar ts e corparaUOn,psrtn6rsh+.p or lirtsitsd 1`abi':ry companY. ;
<br /> • trans!�81so[rtefutl�8ny ehang3 En ewnerS�p of mCre ttt3n Mtenty-Qv9 RerOent(�i)01 th3 voUltg StOOk.p2rtner3hly in?ere�ts or Iim�:Ed I�aD�:ty
<br /> ! epmpsny InierGSh.8s th9 C�e m8Y bs.a1 Ttu�Ot. Ho�evsz,th;.,optlon s�7 rtzt bs exerCsed by lender it sacA exerdse is pra4�:Di:3d by taCsral ,
<br /> I l3w or by f�taDr85ka 13w. •
<br /> , { TA�S AHD UEl�IS.The ta".owing proYStonS�eatlrtp to the taxss 8rtd L'eru an th9 ProFeM aro a Dart o!Ws Qasd o?Tru,t. I
<br /> . . � Payttta�. Trustor e,hsfl p9y when dus(an0 in al evan�Prim to Q�rtqu9rtC11)e!1 texss.sPadaf ta�ces.a�rtisnts.cAarg2s prtduding uvater
<br /> ssrw.�ren�d2red ordrt�°tlaltfum�had o ffihe Prog..�rty. Trusta�ahaU�n h9 Proy�rrty�tre9 ot ail t`.er�s hs�0 ority ov�or aual t Tttrd (` •
<br /> � inYerast ot l,ender under th:3 Q2s0 af Tnist,mc�At tar tPi3 Gan o/t�ccs an0 ess�srrar�na!d�a and oxosQt as ath:nviss provtdad ln th's Qesd .
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<br /> ; Rlg7ff To CO:tYc33. Tru�tot maY vrithhat9 DaYrt�ant o!any t�x.ass�sment.ar d3im fn eonnectian with a gead t8fih d`5pu�e ovzr tha ab!`gation
<br /> � to pay,so lang es lertd2ds inierest in t?�PrcpErty is na!jeoparQized. it a Cen erises or�S f:!ad es a resutt of rtonpaymer�.Ynstar shaU withln
<br /> ' fifteen(ty7 days af�r th3 Cen arLes or.i}8 C9n is fi'sd,w�h1n 6ftaen(1bj days a�r TruStor has no�ce of tR9 fiGrsg,Secure th9 d+sctr3r88 of ihe .:
<br /> • ! 1:en,ot If t8quested by Leadsr,dapasit wilh Lender castf�a tufl'.ctent eorporata surety baad or oUt�secur�tY sa�otY��^+���n�
<br /> - amoun2 sufff�ant to dt�d�go t1u�C$n plus any costs and attameys'taes�other char6�th3t Co�d eaxu9 as a resuR ot a torectosuse or sa0 .
<br /> under the l:an. In etry co��Truster ShaD detertd itseif IIrtd Lsnder and sha7 sa6slY anY adve�ss judgmsnt b2fore entorcemanf a9ainst the • ,
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<br /> prppsrty.Trustor 5tfall n2m9�-endar es 8n 8dditional obligEe undsr any sutoty bond fumsh3d in tha eon�t praceedings.
<br /> Evtctr�ee ot PaymenL Tnsior sh21t u0an demand[urNsP�to Laader settstat.�tary svtdanse af Payn�rd o!tt�faxes or e�ssrt�e�aRd sha.7
<br /> au'.riori�it�aDFroprtatn 9o�rrtme�sml oif�tai to d�to l+ander at enY tfine e wntten sta�:m_tri at ttg ta�s atd�crtems agatnst tt�e .
<br /> • [ds"��at Consdrtititcn.Ttust�shaD rtotity Lend2r eY teast t�en(16)Qays Eafore[sny v�uic is eomme�ed.anY�v+ws aso[umtsFsad.Qr ar►Y
<br /> matsiets sre suAIIlled tn the Froperty.H aml mechaRCS Uen.rt�¢rtsJcr.er►s llen.er ather Len eou'.d be asserted on axouM a1 ths�voAc.
<br /> sosv!ccs.ar mateetals and ihe eost e�aseQs 55,000.00. Tnaior vrGl ttpan req�test af Lender fumisH to lartder advanoe assurar000s saf'�sfectatY M
<br /> Landsr YFat Trustor can and EviO paY the cost o!sueh tmpravements. .
<br /> ' PROPFATY DAI�IAGE Ih�liRA1�iCE. ltse faUOwtrtfl provfstons retatinp to fnsurtnp tlia ProAertY ese a part af tl�s Deed o?Fnrs1. ..
<br /> IlaatnYsn�se o!«�. Trustar sha.�procure and matntafn pot:etss a�tfre irtsarrsnco wifh s'Gusd�rd extanded covereSe Bndorsoments an a
<br />: � . • �eDatement basL�tnc 1ho tu9 tr�urabie value cove�tng ell lmprawmanb on the Ra�1 PraPertY in an art�ouni suSrrxer�t to 8vatd app�tfon of arry � ,
<br /> . -- coi�aranoe Clausrd.e.:�vt(th e ssta�datd moRgagee CiSt�e in tavor o!Lender. trustor sRtaD elSO pr�r�a and met�ain compiehetLSiite Qen�a1
<br /> fiab�l"�ty insuranee in such eoveraga amounls as Lendes may reqt�est w(ih trtut..pe artd Lendes C�irtg r.�r�d as add'iflanal insureds ln suct�IiebU,ty .
<br /> . � insuranoe PaGdas. Additionally.Trustar st�all mal�ain sueh ather instua+�ce.�nctucGng but rtat Ccr.i�to tiaiard�bus(rtflss Irt�rrtFpUon.ans
<br /> botter insurance.as Lertdef may reasana0►y require. PoGBes shail 0a wA3ten In[ortn.emounts,eava,�arsd basts reasoaabfy aooep�4le to
<br /> tender artd tssued Ey a companl►w vamDan:es reasonabry aeoOPtable to�atMer. Trustar,upnn raq+:est ot Lender.wm daGver M lsnder irom
<br /> Umo to Urt�B Un po�efes ar�tes af insulenoa in!orm sa�aY to Lender,Ind�c�a�s�iDu►a4tons tt+at coverages w�not be eanoenad� ��
<br /> � � d'minished without at teast tan(t0)days prtor wrflien rtatto�to Lendsr.EecA insurartw�aiicS►a�O shaD i�ciuds an c�aorsement provt�inp ttiat .
<br /> ccier�a in favor o!Lendet wID no1 Ee Impaired in any way by�nY ee.t.omtsston nt EE+.a+�t ot Tru`ster�arry oi�hErl�n• A��rto�od . ,.
<br /> F��-rr�at anY Ume becorrte located in an area de�tSnatad bY Uw Olrectat ot tt�e Fed�ai Ecnerge qF 'iaSe• �.,'.
<br /> [1:1srs u�a.Truslor agre�to obteUs auid maintain Federal Fload Ins�nae tor the fu:l unpatd prirtdF�l i:�aaoe a}t2�?��an.up to the ma�dmum j,_�y
<br /> � , ���.�,.q.itcr_s set c��tha NaUOnal Fload Irtsurance Pro�am.or as otherwise reQuired Gy Lender.an�'�:�atr�in s��ct�':isuranoe tor Uw trxm ot —
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<br /> • AppQeatbn ot Pc.u� Trusta shaD prompUl►rtotify Lenaer ot afry loss ar�e to tho ProyertY H the�_=�ated e�t e!rep�fr ar �;_:=_.
<br /> - ro�!aflement exceeC:i'�::O�.QO. Lartu`--r may ma[ce praaf o!te�R Tn�stor tait�to c'a s�:vni:=an fiftesn(1Gy days of the casuaiiy. WAether or not °
<br /> Lande�s Secut(ty is impatred.Lendc-r rtqY.at fis eleetion.reoetve and retafn the gr.a�is of anY 1-�w�sir.;e artd eyA�Y the ptoceeds to the `�:`s
<br /> � :';,;, red�on a!th�Indebte9rte�,Ray��-+=at arry Cen aftocUrtB 4h�ProP�Y.or tho costaraCOn end reF�.�t i1•r.�F:operry• tf lea6er o:ecb to apDty -
<br /> the¢tc�eeds to testoration and repa:r.7nutat shell reysilr ar rep'.3a�iho damaged os dsstroyetl t��n�eassYS In n manne�Ba�tsct�N to
<br /> ' ;.. Lsnfler. Lendar anaD.upon�eLstaetaryr Oroo!o!sueh expandtiue�DaY or carrbu�se Tnutor hom the pre�2eds fra�caasarnbl�east a1 rapatr - ---
<br /> � ar r�tGraL'on if Ttustor ts not in default un6or lhs Oc�:�i o!Tnnt At1y ptOC28dS t�^'w~h ltave OOt beetl dl5blt�583 vlllfp:.�180 dill3 a��
<br /> reoetg4 artd wf�Yeh lender has not eamrrdited to tho reDa:r or rostaa�an e!the Rrope�4y sh311 be usod first to paY cny r�n�unt arArss to tsrtder r
<br /> � u�3.'�f:`s Qaed af T�usl,thsn to pzr rxruod int�r�t.and the ram3indet.i!enY.sha0 bo appL'e0 to the prfnGpal b:lern�o ot tho trt�bfadn�s. F.
<br /> ��..;• �� l4 Lzr�:ax hoids any prooaESds�it^r�aY�Tten4 in tu'1 0}!hs Indebtedness.sueh procesds shail be P�d to Tnu4or es Tnistofs fM�rests maY
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<br /> � �nta�+r.-rD Insu;a:'L�xs di Sa�e. Any une�tred Insurenoe stiall Inure to the bonafit af,and 0�to,ttq Dtrrchaser of the Propedy cc+rored bY this -
<br /> ' Deed Of Tiusi e:•z r itt�ee's sale or Other sate 1tflld Under the ptOVtstOns a?thts Deed of Tnat,ot flt a�ry taroda3ure sale Ot Such PropeRy. -
<br /> Trustor's Repct'as Uml:rainoe. UDOn reQuest o!Lend�.howevsr not more than c�a yesr.Tnuta Shail tumish Sa Lender a repoA on a¢ch - -
<br /> . � e�sttnp PaicY o?:-���:-a shovuing: (a)the namo o!fha L�surer; N)the�tcs Ins�reti: (c)the amourd o!the PalicY. (d)ths Dr�Y Inswed,
<br /> ' > t tt�t���,current rz;�•`e�t valae o?such property.flrtd the manner of determinlnp ihat vatae:n d (e)the exyirallon datB o!the poocy. _
<br /> �';�, ' TnL.�':a%sha�L upen car:t�::af E.r•n:r��, have an indc�penderf!eppraiser sallstactorp to lender detem�ii�t�`s eash vatu9 reptanament Cast of the
<br /> � � O�E.HD)TIIRES 6Y 1�1� '4 T�s:w er��:'s to compP�wlih any pmvtslon of lhis Deed ofbut�shalf o be requfret c,U�iP.0�u�ry acllon that Lender -_�_
<br />- . wavtd matedatty�:�scst�s �'-:�a3;�ihe ProA�ty.lender on Trustors behat!mey. ' -
<br /> � Qeems e3�psoPtlate. A-.t mrtr::.-3:°.�:4tr.�s.er expends In ss ddng wfii bear InleR�t et the rate provlded ta fn the Nete tn•rn tt»o da'.e tnc�rb�or pa10 =_�
<br /> by Lenter to me da�af:�c�r,.o�t 4;t,�x�f:x A!1 such c�e�es.et l.ecr�Li's oylloa,rtL'1 (n)Ca paya4fa en demartC� ;fs�,r.ri edde0 tu;r��a�arece �-. _
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<br /> � of the No33 and ba aPA��neD e.��:;r,�s�3 be paYabSa witb any InstaIIrrnast Aaymes�ts to become E�re�u:�e�;J� (�the term af c.m/m�:beabte �,j.i
<br /> .. . InSUtetIC9 DoRCY or (�)t•`•e:3m8lr.ing tEmt 0!ih0 PlOt9.or (a)be treateC lLl.m hal[oon paymeni wt�tch�uC7 tre In flddp't@OntO alry OtT�er rFyttts Ot atry �L
<br /> T�ts Oeed o1 Trw^t aLo��li:.acure paymant ot t�ese amounb.Tha Ayttts provtded iar In this ParagraP �f�`_.
<br /> remadies to which Lar.dur•rm�y be entitJed on eocount ot the defaulL My such eet!om�y Lender shaU r.ot be consUued as cudn0 the dela�dt so as to
<br /> � bar Londet from any r.^.rn'r�Y that tt oihervrise would heire ha0. �
<br /> VyARppNiy;pEFENSE OF TITLE. The tollowing provislons relatlnp to owrtershp af tho�raperty aro e paA oi this Oced o!TrusL
<br /> � TitEa, Tnlstp wartants iha� (o)Trustor holds goad and�etabio tiHe of reeord to the ProyE�',`��'1«simpl8,froa and cteat o!a0 uens and �
<br /> encumbraeoes other than thase 3ct'�Ah in the Rettl Property Q�p�on or In any 6Le insuranCe�s��.ry•,t:1e repaA,or flnal tiUe op�nton i:sued In
<br /> tava oi,ertd acc�f��L�by.LenQer in CortnecUon with itna Oead of Trus�and (D)Trusta has the f�1i�g:�t,p�wer.��nttthalhl to executs and �
<br /> do➢v�thls 08ed cf Tn�:.t to Lender. �
<br /> p�tE�ys c!T[ttC.`Sut:!•'3ct to iho ex�eP"an M thD�&cm��'apt�9bat'9.Tnrstor warrrs�t�•msd ur31 tasver a�.'end 4h9l+lla ta Its9 Proporty e�lnst tlfe
<br /> Iswit�c',aims a9 61 Gt;�'sorf�. In ftv.ovnn9 ony Ac'�an or pmee�sd:�31a com�r�¢ra�K tt�a3 quc�i:an�Tnufds dNe�cr Ih�ir�feresf n7 Trustee or .
<br /> Le�unds�ths Geed of Tn�si.Tni�aP shall 6otcnd th9 ecUon st Tnnt�r's�ensa Tr�stor may tra the namtnai G�•q in sL�cF�p:r-�,rsc7n9.Dut
<br /> Lgnd�.r sh8ll�a ertliiied!o p�rtidp�te In tlte procoCd:ng and to b9�eQresard8d in Gm Fr�Bdir.g by COUn:N 0!l.end�f4 0+?T r,ltcl�9,an0
<br /> Trusta will dctivnr.or cat�o to E0 dslivorod.to Leader such inshumen�as Lcade►maY request hom @me to Urtse to pemsit such prstu�,3�on.
<br /> - Cam�:lutco�fdtlh Laws. TruStm wartanb thaf ihe PropeAy srtd Trustors uso at:ho Rrop�ty camp7es wIlh all mdsUng eA�licaDb taws,
<br /> prQinan�s.artd«�rduflonE af govarnmenVst authart�a;.
<br /> . CAN4EtLHATtDli.TRe toUnwwfng Proufstnns ra�aUng to candamr�aUOn prooeed:ngs ere n psrt of thts Qaed o!TnuL
<br /> ppp!lcatlon o4 Net Proeet0-`�. If aU w any pa►t of t?te Ptaperly Is condsm�d by emlc�en!domatn proa3nd:egs or by any Rr000edin9 0►
<br /> pwch�so U t'.�u of canQamnu�on.Le�nd:r m3y at its elxtlan re$u:re th31 a;1�any parL'on o!ih9 n�i prooeeds of the award G9 ap011ed to ihe
<br /> �oQgDtednos9 or tha repa:r or�taaflon o14hs PropaRy. Tho rt�s3 prao8s�a9 tt�o atvatd shs.9 rt�s3n th9 eward eft�r psymani o!a`I roayonAbl� .
<br /> .� eostg,oxper�es,artd attarneys tees Incurred by Trustee er IBnder in eonnectton�th IM3 eon�emnatlen.
<br /> QroCeedMas. II any procoedtng in condemnation is f.led.Tnisla shaff promptSy na�'ty Lertder tn wri'ing.and TruStor shall promDtty tahe s�u�
<br /> � S!�pg�rttsy pe t�ep0s:8ty►tD de:end Irtg 2C�on artb obtain tha award. Trustcr rrsay Ce ihe rtam:nN psrly In sueh QrooeaQtnp,but Lersser 5hal
<br /> i b3 entitJ�O to psrticlPat�tn the proceeding anfl to Oa represan'�d in tho Oro�°d.ng by coans..M o!i�s a:vn cha!oe,ttad Tncstar�r7 da:var o►
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<br /> i �uss lo be delivered to L�nd�r sucP+in..�umen*s as may be mqu�ted by tl hom llma to Ume tn ptrrmit sucb Dart�Da'=on.
<br /> . � � IMPO�ITtOPI QF Y�USgS.FEES hcHD GH�2G�S BV�SII�YERHbIEHYAl.A!lTYidRITIES. TR�ta.".�;r+tng prev'sioris m�T1rtg to goverrtmcr�::1 t�rr.�.
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