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<br /> 02-�0�9989 9�.�n��+�1� DEED O�T�iU�T ,• 4 � Paga 3 =
<br /> � ' Loa�r No Y(i30�0 �� '1� (ConUnued) � ,. c �_
<br /> � ._..._ _ � � � ��
<br /> �tnintonenco ot teauran�e� Yrustor ahaU p�aaure and maletnin po!lcl�s at flrs insuranee wlth standard extonded covarago ondaeomonb on a _
<br /> - reptacemunl betts for Ihe tuU leauret�lo valao covcufrtg NI Improvoments on tho Reril Praperty In an nmouat sutNcleM to ctvoid uppllcntion ai uny �=
<br /> a
<br /> eoinsuranco ciause,nnd wilh n atundnrd mort�agoo clauso In favor of Londer,togolhot tvllh suoh other hemrd and IIeblUty Usurance us Londa d�
<br /> muy m.naonabty roqulro. Po!lctos ohnll ba vr�tton In torm,amounb.oovarages and basis roasonabry accnptabl�to Londor and Issued by n
<br /> �� " eomo�ny or oompant¢a maeonabty aecep�bte to tsnder. Trusfor,upon roque�t o!Londer,wilt dWiver to lsnder hom Nme to tlmo the poltc� �
<br /> or cddlllcate�of Inaurenea In torm satisinotory b tsnder�Inctuding sdputatlons that aeverapas wlil not bs wnoelted w dlminis�ed wUOenut at -�t-
<br /> toaet ten(10)days'pdor wAflon noUoo to Londsr. Each Irs�urertco pollny Nso ahaU Irtcludo an ondorsomont proNdlnp.th�tt covarago M fnvor W [,
<br /> Lender w111 not be Impab�ed in any v�ay by any eot,omisston or detault of Ytustor or amr ot�ar person. "fha Reaf Property Is t�aated in bn area E
<br /> - dosigneted by the O lreator of the Federat Emergeno�r Hlanagemen!Agonoy fls a spectat flood hazard erea. Yru�tor a8rees to obtaln and
<br /> � ' malntain Federal F1ood Insurunce for the futt unpald pdncipat bntanca ot the loan,up to ttre ma�dmum poltoy Iimlln sot urtder tho NnUonal Flood
<br /> ;���, In9urenco P�ogram.or as othorwlsu requlred hy Lender,und to maintaln auoh Inaumnco for the torm ot tha tonn. ,
<br /> __.�..�.. OtPQ�[p171i.RE8 B1/IENDER. If Truator fatts 1�comply with any provlslon of this Oeed of Tn�t,or it any actton or prcoeading Is aommenao�that ?`
<br /> ' would mnterialty aHoct L.undor's Intorosta in the Propedy.londer on T�ustols boAaif may,but ahail not ba raquirod to,talco nrry aollon that lendor
<br /> � deam9 appropdete. Any amount that tsndor expends in so doinp will bear ir�erost at tht�reto prov►dod tor in the Hoto iram tha dato inaurrod or p�id
<br /> �� ., t 0y londer to the�ate of repayment by TNStor. A!I auch o�onsas,nt Landafs apUon,w:0 (e)be pnyable on dam.�nd, (b)be addad to tho bNano� <<
<br /> „ , � of the Note and be appoAionod amo�g snd be payublo with nny inafu'lms�nt puymunb to becoma duo dudng etthEr (i)Ihe torm ot any appllcabto �,
<br /> • Insu�anoe poilay or pi)tho romolning tam►ot 1he Note,or (o)be treated c►�n bat►oon paym9M whloh will be due and payablo at the Nota s matudty. �:_
<br /> - Thts Doed ot Trust atso wl1 sacure payment ot those amounts. Tho dghk�provided for In th's paragreph shaU be in eddition to amr other�lghts or any ��;
<br /> ,:�._,�t remodtos to whleh 6snder mny be eMitled on axount ot ihe def�u�. Any suoh ao�on by Lender ahall not be conshuoc!cia curtnq the detault so us to _
<br /> bur Lond�r hom any remody ihat It otherwiso woutd have had. ���f
<br /> � � ' ?' WARRA.NTV;OEFE�I8E OF TITLE.The fotlowtrtg provtstams retaUng to ownership ot the Proporty ero a part of this Oeed of Truat
<br /> �-`
<br /> _ ;� Titim. Trustor wttrranb thak (a)Tntatar rtotds Qoad un0 marketabi9 tlUe of record to the Properiy fn fee simple,firee und dear of ell Ilens and ��'
<br /> onaumpr�n�ss otF�et lhan 17�os6 eet tarth In tAa iieaf t�ogartq dr.,�Ptlon or in nny tltlo�nsurartae poltoy,tlUe report.a flnat thte opinton tssued In �
<br /> ; ^ �•� tnvcr pt,end accepted t►y,Lendor ln com9cUon v�ith thi��t�ad of Trust,and (b)Tiustor hot the fuli rfpht,power.and authodty to exeoute and �
<br /> detivor Wa Qeed o!Trus!to lendor.
<br /> ' Oefcnao o?�dUa�. Subject to fhe excopUon In tho parng►nph nbovo,Trustor wnRant�and wlit forover dornd tho titta to!he PropoAy agalnst ths __
<br /> � ,. tawtul detms o?at1 pe�aons. �
<br /> �, � DEFAULT. EaOh of tho totlowing,at thn opUon pf lendor.shalt consUluto an evant ot dofauY('Evont o}OataulP')under tfils Deed ot Tnnx -
<br /> � '�� OelwtC m»Indebtadnesa Fallaro of Trustor to metce any payme�when due an the Indebtedness.
<br /> .r� ;
<br /> � � Det�uulC en Other Rqmeots. FNture of Trustor within tha timo requtred by this Cood ot Trust to make uny payment tor inxes m In,sura�ce,ar
<br /> any oth+3r paymsM neeessary to provont�Ing of a to eHeai disohar�e of t�nY Ilon.
<br />-`�� ' ;., Co�npN�noe DelauR� Falture of Tntatar to compty wlth any othe�term,ablipatlon,covenant ar condiUon contolned In this Deed of Ttuoi,th�
<br /> - •..��;•: Noto or tc�nny of the Retated Oocuments.
<br /> > -• Oeto6WA Col�tefNtutlon. fib Caed of Tnist or any a41ho Ret4tad Oaumants ceacs�to be In fue toroa and�iGct(includtnp taYure ot tny
<br /> .� � �;�.� car��e+oo�,+��«�s�a�,a�a�ny�i��ss��,;ac am s�s�a s�a��.
<br /> =,.`• �,,;". Da�th a�(neolve�y� Tho daath ot Tn�tor,the Insoivertcy ot Th�stor.!he appotntment af a rooet�rer ror nny pad ot 7ruatc�'s prooerhr.any -
<br /> c9_';.���';,i;':f' flsslpn�n1 Qa the beneflt at crsditoen,am►Sype at aeditot wakout,or ih9 commeneement ot any prooaedln0 under mmny btnRnrp�ay o►
<br /> ;;�,�Jr.��t��;i InsoNnsr�laws by au0e�nst Tnmta
<br /> ��!�:�iu�`lf.l ' EvaMa AfNeztinp Quranta. My ot tM Prooedinp svani5 ooaura with�esPect to�r�y Q�arenta o!an at the Indebtodn�ss a any Qt�nranta
<br /> � —
<br /> �'�'��'� d!a3 a became9lncompete�,ot revokee ordtsputss the vAAdlty of.ar Ilabilly under.any Querant�►of �ndebtedness. lender.at i!s apUOn� =
<br /> �.;�;�,�.. may�bul shaQ no!be requtred to.permit tha Qunrantor'e estate to assume uncondlBonally the oht�attons nrtsinp urtdar the�uuanty tn a —
<br /> =}?����a� manrtpr satisfactory to Londor,and,In ddn�so�oure tho Evant of DalaWG
<br /> r..�{ro�.
<br /> ��'�k,f� lr�taeuril�. 18nda►in pood faith Qaoms Ilse�t Ir�secare.
<br /> ;,,;�•z��,,;� RIQFtfB A9iD REMmtEB ON OEFAt�.T. Upon fha oocunnoo ot anp Evont of Default and at any Urrto therenrter,Tius1�a l.artdor�at its opUon.
<br /> -_:�_;,;���,-#� may oxadco ony one w moro a1 the toltowlrq rtpMs and romedies.tn addiUon to ury other dphb ov rerr�vdNs proutded byiaM:
<br />'_r;t�'�?�Y�' ImxeteQB'Jon upon Oetaulh,�ddltlanal Remed�ea. IT any event o!dotautl occu�s ea ps►the terrt�s of tA8 Na�e aec�eto�heteDy.Lertder rt�r
<br /> dpctero+�I Indebiedness ceoursd by thb Deed ot Tnist to be deo nnd pnribls and ttw asrrts shal thereupon become duo and ptyabN without
<br /> --_.—=..�s;,;�'' a�Y P:�tment.demmd�Protest ar eotloe of ernr klr�d. �t+�attx.Mr�mar
<br /> °---._�:;:::r�:�f. (�;.�Ithar tn peison or by e9ont.xt'.�a wlthoul brtnplrp nny acLbn or Prorx�odln0�a by a reoesu�n oPAotM�d by�aouR arM without
<br /> �sr�io the ade4uaoY ot its secudN.amw aPon an�Wc�Oossesstan M the��a M►P�tl�enof,l�Ib own narn�or In the nsrtis
<br /> - =_-- 09 tnnte��a�d do any aots wh1cD ft dewma n�aossa�ry a dsst�bk to prosavs the ue�mMcetob�iry ar r�ntabYY.y►cf th�Proparty►.ar Pwt
<br /> -'_.�`.� of it�e Property a tnierest in tfio ProRertY.incresss tt�ro inc�m�trom ths Prop�ly ar protec!the aec�Mb of the RapedY and�witl�or wNhout
<br /> __��+ tetclny Possosston af tho Proparly.sue ta►or oritim+.�tsa coll�eo4 tha ronb.Issue�and P►a��the Pro�edy►tndudtrig tho:e Paat due�nd
<br /> - ur�:tld.and�DOh t������artd eo�e�vs of ape�Uon end cou�cUOn,Inolu�np�ttan�ya tee�.to u►y Indebtrdn�aecund
<br /> �°_:�� br tt�Deed ot Trusl,nN tn auoh dd�+�s tsnder mey determin�. 'R�s erdatr�i upon end Wdn�Otss�os.�lon ot4�R�'�ty�tho catoaCoa
<br /> vl a�sA►er�is.tsaues and proflte,and 9Aa apptkxUon the�eot eheA not c�xe a waiva any dMault or noHOe of QMaW uncD�rlNS Med of Tnist
<br /> - ro tRVeRdete any acf dons In responss W wch detault a purcu�ud to auch notica►ot dettulf:nnd.notwlthsLndlnO th�conYnttsnce In
<br /> '' -• pa�amyion ot 10e r�rc�pc�tY ar tt�a wll„dton. rcx�t and aPP��oa ct�r�,��s ar Frvfik�•iru�cr tcn�x�bo cri'as."'�tv ;�
<br /> _------= --�=
<br /> _�,�;�,4 oxp�qso eveu�r ripht pr�viBos fa In tNe Ne2e or the Ratate0 Oocumaz►ts or by taw upan the aoeurtonce ot any enn2 d¢lstautt,tnclu6Mp ina `
<br /> __�.-w,_. �t:9 to e�tenCise the po�trar Of eato;
<br /> —__...-..��:;� ; (0) G�n,msnoe an actlon to taod�a Mts Deed ot Tnrst as n morl�ape.oAPolM a reooNnx af spedticaAy eMorsa9 any of tha pu�nerds
<br /> __�_d�s�;� : Ni�and
<br /> _—s��aq5�'".,
<br /> _�,,;,,_;:�s� ':�. (o) ��Uver to TNStee e wrftton�an�irnUoa ot dotautt and demand tor sttle artd a wrltten eotice of d�.t�t and eieatlon to csuse 71ru�tab
<br />_=_---�s`��• Infore�t In the Proporty to Eo soid,xtls�cfi notloo Tn[stee sPreA causa to bo d�By t�ed tor recad In Hw�app�nprlds atAoes ot ths Caunty In
<br /> .��:�tre�':tT'';.', f �w9ltoh the Properly is looatod:ertd
<br /> - ��ti: � ! (d) Wlth respoet to NI or eny parf o!!ho Rersonal Proporly�Lender 6ha0 Mve atl tho ripAb artd�smodiis af a f.ecur6d pa�iy urtder th� —
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