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<br /> 02�1Nb1flE§0 f�E�D OF TRUBT ���s���� PeQe 3
<br /> •Lomn No �fl3339 (Continued) ��• "'
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<br /> _.._�_�__�_..:�.-_�_-�_�---:�:-�_::._�-�-_�=__=:____::_....,�-�--:-��._..._ .._...
<br /> amount sul�atont to disahnrflo tho iton pluy nny ooata and nttornoyo'1a�a or othor chargas fhAt coutd ncauo no n rasutt of u toreclosure or aa o
<br /> � undor tho��n. In nny contosl,Tr�tor ohn11 dotond Itsa►1 and Lnndor und ohnll anllsN anY advarno�udpmanl botare onloreomont apnlnst Ihc
<br /> PropoAy. Trustor ohail�amo Lond�r no on nddltionni obltpco undor nny ouroty bond Iurnishod In Iho oontCS1 procaodtrt@9. .
<br /> Evldence ot Peyment. Trustor nhnll upon dpmnnd fur�Uh to londor satl3laotory ovldonco oi pnymant of tho toxos or aDSO�nmont�and a?�sl►
<br /> authorize Iho upproprinto governmonlni oHiclnt to dellvor to Londar at uny fime t►w�ifton etatemenl ot Iho faza�end�c�essmenb agal�st tho
<br /> . Proporty.
<br /> kottco ot Conatntctlon. T�ustor ahail notlly Lendor at teast flitaon(i6)dnys bnforo nny work Is commonood,any corvtcw.►aro fum�sh�1,o►enY •;�
<br /> matorlsts are auppIied to tho Properly, If any mochento'e Ilon,matoAa�mon's Ilen,Or othor Aon coutd be nssaAnd on accourd of tAO work,
<br /> � seMces,a malsflals• Trustor wW upon roquost ot Lender IurNsh to Lnndor advance nssurnnces saHstaolory to Londar thnl Trusta can and wUl
<br /> �:,���"� pay lha cost of auch Improvemonts.
<br /> ''���Y t PROPERT° DAh9AQl�INSUAANCE.The following provislons relaUng to Inevring the Property are a part of tHS Qeed of'Trust.
<br /> � Matnlanance ot Insaro�►ee. Trustor shaM procure und malnteln poAC?eS ot ftre insurance with atandurd extendod eovatago ondoreomo�s on tt
<br /> replacement basfs far tha fult Insurable valuo oovaring all Improvement�an ths�Reat Proporty in an amount SuNialont to nvoid appllcatlon of any
<br /> colnsurance clauso�and wllh a standard moRgapoe cinuse In lavo�of 1.ender,
<br /> together with such o1hBr hazard end tlab�liy Insurance as le�der
<br /> may roasonabiy tequire. PoUdes shnll be w�ltten In form,amounts,covarages and basls reasonabSy flceeptnb►o to Londor and fraued bY a ,
<br /> ' �� compnnY or eompanfes reasonabty acceptabte�o Lender. Trustor,upon request ot Lender,wAI delNcar b Lender hom Uma to t►ma the polldes
<br /> or certiflcutos of insurance In form ea8tifaatory to Lencior,lncluding StiyUlatlo�thnt covereg5s wN�ol be ctineolled or diminfshad wftAOUt nt
<br /> least ton(t0)days'prior wdlten notice to Lender. �nah Insurnnce De1�Y also sha���nc�ude an ondors�ment provlding thnt coverepa In tnvar ot
<br /> Lendsr vAI not be impr�tred in any way by ony a�1,omission ar dolnuit�.!Tnistor or any othsr porsoa Shouid tho H0a1 Propady a1 eny Hmo ,
<br /> become Ioeated in an area desiBnatod by ihtf OlreCtor of the FodorN�merganay Menapement Aportay as a spedtt�Hood hamrd areo�T�ustot
<br /> agrees to obtaln and maintntn Fe�oral Flood insurance for the fu0 unp�fd p�inetpal balanco of the IoM, up to iha ma�dmuni po[tay BnAts set .?y ,
<br /> � � undor the NaGonut Flood Insurence Program,or u�otherwise req�ired by lendar,and to malntain Sact►insurance for!h0 term o!lh0 loan.
<br /> � Appltcatlon ot P�oceeda Truslor aha11 promptly noUty lander ot any�oss or damage to the Properry• lendar ma�mnke proofr�e 8nd re�n ���-
<br /> � (alls to do so wlthln ftfteen(15)days of the casuaity.W hether or�ot Lender's secudty is Impslred,Lender mey,at t8 eteCflon, ,,;_
<br /> tha prooeeds of any insurence and appb tho proeeeds to the reduotfan nf the Indebtedness,payment of sny Ilen aNecUng the ProperN,os 1De - .
<br /> i
<br /> ,; restoratbn and �epalr G Ihe Property. It Lender electa to appty tha proceeds fo restoretlon and repatr.Trustor sMll ropair or rop�¢at�the ,` .
<br /> �� damage0 or destroyed Improvsments In a manner sstisfaatay to Lander. Lendar ahalt,upon eeUatactory proot of such Eucpendduro,ptny o► _
<br /> ucp
<br /> � relmbucsa Ttustor hom the proceeds for tha reasonable cost of repair or restorptlon It Trastor is not In default under lhis Deed of Trusf. My
<br /> , proceeda whloh have not been disbur�..ed wHhln 180 days aHer thek rccelpt and whloh Lender has not commltted to Ihe ropair or restoratton of
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<br /> the P�ope�ly stu�tt be usad flrst lo pay any amount owin8 to Lender under thia Deed ot Trust,then lo pey aacrued interest,and iha remalnder,if �:
<br /> tu
<br /> " ' any,shall be appllud to ttre phnclpei baiance of the Indebtedness. 1►L�nder holds any proceeds aHer payment In fu!I ot tho Indebiednoae,sach "4.�-
<br /> proC�edS shall bo paid to Ttuslor aa Truslor's Interests►oeY ePPet►r• ._,+
<br /> � � lfnexpired Incurence at Sato.Any unexpfred Insura�oe shaA Inure to it�e beneflt o},and pass to,lhe�purohaSer ot lh�e Property covbred by thls
<br /> `,,�,r, Oeec9 of 7rust at t�ny trustee's snle a other sale held u�der the provlsiana of this Deed ot Trust,or ul any toreoicsuna sale o!such Property �i
<br /> „��t,�_z_ ��»�4��a��3�e�eei,teAnesa Durinq the period In vrhioh any E�isdn(�Indebtedttess da�dibed eetow Is In eft�,�h tf�inNUSUrar�co —__
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<br /> �� . tho insu�ance provlslons confeirsod In the Inshumon! evidencing s�c�h�wwsnnp indebiadnewa ni�a:i ��lt�e
<br /> r; �' provlslons undar thts Ooed of T�ust,to tho extent eompllertoe with the torms ot thls Oeed of Trust would eo�tNUto a dupltoaBon of Irr3urar�o
<br /> � requiremanl• It anY Prooeeds Irom th0 insuranoo bee:ome payab�e on Iqss,tho provlsion3ln this Qt�ad ot Trust fot dlvl9loa of p►ooYeds s►�all
<br /> uppiy ony to that portkon of fho pr000eds not payable to ihe holdar ot tho F�dstlnp Indabtedness.
<br /> OtpEND14URE8 BY LENDER. It Truator fN►s to aomply wlth any prov6s!on of thfs Reed of Tnrst,inctudinp any ablipatlon to m�lntaln E�dsUng
<br /> Indebtodnass in yood atandinp as roo�ukod betow,or if any aallon ar proceadiny b cammencsd that would mBtorlalty�ecta na�u����n�
<br /> � propoAy, Londer on Trustors beh�f maY�but shall not be roqulrsd to,take any eaUon that Lender deems npproP Y
<br /> Tr�u tord.g AU suchdexpense�et 1.endt�s op onta�'P����p�°�leton domn d (b ba ndded to the«bNaROe af ha Note and bo sPP��m^�
<br /> � Of he8NOt9�0'� (o)be i�e�ntea�as���biA on payrtwnt htcb wili do duo�and�payYble at the Notg's�matui!ly�Th Oeoyd of trust Ytso wlY�seoure
<br /> ,!� enUt ed onf aoCOU 1 of the de 8ult�Any 8 ch eat On by�.endet 8h�nOt UO COns!rued�es Cudnp th0 d�It�6o fi8 t0 b�nd9r om a Y�« _
<br /> -�� Il oihe�wt58 wou t d havo hA d.
<br /> -� ' WARRANTYi t�EFENSE OF TITLF. TNe tdlowlnp provistom�etfltlnp to ou noreh:p of the Praperh►aro e pu�of titis O�d ot Ttust.
<br />�.�,;,,'.� ,�, ' TIUe. Trustor wnrcant�th�t: (a)7rusta hotds good nnd maAcatahto tltle of rocord to the PrcPerh����mp o�'�MYI �«ln any Htle tnsuru�o
<br /> , uneumprsncos olhar then tho�e set toAh In th0 Rsel PtoperN dosori�tlon or in tfxi F�dstln�Indebtadnoss seett � —
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<br /> -:� polfcy,6Ho report,or ft n e t tl Ne op t n t o n i�u e d i n f n�o r o l,a n d a c a o p t o d b y.l.e n d s r i n c onne�tlon wlth ihls Deed ot Tnr.��and (b)Tnnta hn tAs =
<br /> �. }�p�gh1,por�or.and authority to exocuto and doUvor tNS Oaed ot Yru�'t to Lendor. �'`� —
<br /> pnense of Tltte. SubJcsct to tho exce�tlon I n t h o p a r e g r a p A n b o v�,T n nt o r warrnnb end w10 forevor detend tho tltlo to tM PtopeAY vq� __
<br />_*� : lawfut dalms af�tt persons. In tne evanl any acBon or Proct+odia9 is commonced that quasUOn�Tru�tors tltl9 a tM leteres t o t S r u s t»or _
<br /> Londar undtx tMs Oeod o!T�ust.Trusfor sh�l 0otend tho actlon at Y�uutors oxpense. T�ust�meY bfl�O nomtnal parly te sucN Piooeedf�C�aW --
<br /> " � lend�stuJl ba snUflod to peRtc�Da te in t h o p ro o a o d l n p e n d t o t A r e presented In the proceodtn9 by eounr,el ot Lender6 o'xn ohoice,and
<br />`_.��;. .. Trusta wiil detivor,w cause to bo datWCrcd,to Lendor sucA InsMwnoab as Lender may requw�t 1rom tlme to Urt�e to porentt suci�P a�d Da f bn. �
<br />- �"•"'-"= ' ��;Mnee W�th{,aWe. Tnrstor wartants that the PropaAy and Trustots use ot the PropeAy comPUes wtth ali�ods Unp appUC4b19 aws� _
<br />-"i--= mrurancESS.and reB►�atlon,of gwornmentat aufhoriias.
<br />-: .�,r=�.���- _—
<br /> DIISTINO INDEBTfDNEB$. Tho totbwinp provfsions concerNnp o�t�1mB mdeotednus�(tiro cwYny���Qr�'!ere e Can et the Daed ot
<br /> °��t Ttust. —"
<br /> "� 1� Fy�t�dinp L,Ien. Tho Uen o!thls Oovd ot Trust s�ourtnp the�ndobtOdness rtu+Y bo secondery and inlodor to g�e�s��0��►� Tntsta o�sptt+ss�Y `
<br /> A couenanta and agroes to pay,or sao to tho paymont of,the Ex�ng IndobWdrross and to prevent n�y doiaut►on auc'n Indebtednass,aoY dafaufl �
<br /> j� undor tho tnstrumrtnis evtQenein8 sueh tndobtedness�or any tiote�li undor ony Loeurity doCUmonls ta suoh iedobLadno.ss.
<br /> ms
<br /> Oetault. If lho pnY�nt of enY instNiment ot pdndpril or snY lntnt�t on thu F�d3Ur�g�ndebtodne�.,s b rtot mnde v�tht�thm Lma�aQWred by the
<br /> noto evtdondn8 sueh Indebtadn�.or Qhoutd�Qotautt ooeur undur the lnstrume�seaudn8 sucf+U�debto�e�►and nW bo cuea4 duPJro anl ',.
<br /> . nppiioablo graa►Porfod thereln,lhon,ut lho oA�n ot Londot.tf+n Indebtctdnorss s�eurod by ttus Coed ot Tnraf shaN b�onam tm�x,dttOd�!du� �'
<br /> � nnd poyabio.and tht3 Doed ot 1'rusl ahaN bo in dMnutl, C.�
<br /> No Moditttetlon. Tn►stor sha���ot onter into unY aSreomflnt wlth the ho�der ot any mortgaSo,daQd ot hus�ar othor socudbe.��eeme�'�t whiC� a`�=
<br /> hag prlprily ovat thi3 ODed of Trusl by whlah that agrcomen!is moditfod,nmondad,NRendcsd,or ronowad tvithout the prtot wrflte�co�uent of �` •
<br /> � Lunder. Trustor shall nclther�eQucst na ecaipt a�y tuturo advancas under any such socadry ngrooment wlthout tho pdar wdlton co�uertt d
<br /> „ Lender.
<br /> _____ ___. _`�_� CONOENINATION. The tdtow�ng prohs�ons rolating lo condemnation procaeding3 sre a pnrl ot lhis Oc�ed o!Tn�t.
<br /> -...---°---°,�...�,.e.eeme�nm or bv enr cr000ed�a0 a
<br /> AppUCatton of Net Proc�cds. If ep w any part ormo Mave�is cmw'a,���....,a.�.�.�_�._.--.---
<br /> purchase In tiou of condomnsUOn,lendc►muy at fts clecUtt����ds'ot tho awa�rd shaU moan the awandg nft DaYn���1�►���
<br /> Inc1BDlcsdnGSS or tho repa�r a restoratlon of IRO ProaoAy.
<br /> V, eosq,enponsos,nnd attorn3ys'lees fncuRed by Trustoo ar l,ctndor fr�connoCtkon with the cortdomriaUO�.
<br /> Proaedtnys. If any pracee0ing In condamnnllon ls 1�lod,7ru^�lor chall PrompUY notHy londor tn valttr�g,an Q�pt���b�ut�LendOr�s�
<br /> � steps as maY bo�coss�rY�o dotend tho actton nnd obtnln tho awnrd• Trusta may bo tho nom.nel pur�Y
<br /> ba enUttud to paRtciputo In tho proceedinp and to bo rcpmsanlod ln tho procaoding by couittal ot�ts ativn ohotce,8nd TNStor wiJ d�var a
<br /> �� �;,� causs to be dcliverc�d to lender sueh instrumonb as muy bo�uost3d by It hom tlmo to Uma lo�sormlt such patlicipAdon.
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<br /> �!:;'`t';' iMPaSlTION OF TAXE8,FEE8�iNO CNARGfB BY GOYaANAtflyT11L AUTaIORITIE8. Tha foxowJng provlslotro ro'QURp to povernrtt�t►ttl faxa,
<br /> ,...,
<br /> lees and ehargos aro a PaA at Ihl9 Oeod of Ttusl:
<br /> Cuannt Tmce�,Fee�ettd Charpt�. Upon requost by Londer,Tnrstor shal executo such doeurteunls fn a Tr�stor ehM r6imbur68 Lenda�for�l
<br /> whatover othar aetion fs roqu�s�od by I.onder to pertoct nnd eonUnue land�fs Uon on the Re&►R'roPa�1Y•
<br /> I mit�eeon��It faz .� h�as�'docu�ntn7 s�em0!ad a o���tu8�tpr reeo�din8 prtropisttx�ng thb D�fof Trt1s D�d ot Trust,irtduding withaA
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