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<br /> . �l /� • ' OE�q/� O� TRUST �y■q�y Pa40 3
<br /> . Qf�ii1-1989 �V��AUed' 99� ��MV Y�
<br /> • 'L.oan Nc►8766(!� ��
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<br /> propufty. Trustor ahs�U narveo lead�r n�an addllaNl ob�poo undsr any auroty boad Nmishod In lho contest pracasd►nW.
<br /> • ,• EYtdtate at Peymo�lo�ou�amnntN offtc181 to d�liv�o tlo dor�et anyf�ttnC'to u wrlHOn sfatomonttot tho tttuco�and�r"°�moab n8ni st th� ,.
<br /> ,.
<br /> nutho�im tho eap � 9
<br /> P►op�rtY. aro Nm'shed�w+�^Y .
<br /> Ko�yp p}��tru�tion.Trustm ehM noUy Lendant leEat tlRoon(18)days betae any watc b commonosd,e�f�se�'�
<br /> , � r�wtaiou�up N�dTncslor wl�upon�ro4uast of tsnda tumbh tott endar a16varsq n�umn�cas a�tsfactay t�o�W�ndw that Trustor enn nnd�vlil
<br /> seMoes� '''�.
<br /> � � - paY tho cost ot suoh lmprovueents. of thb Qeed ot TrusG �`
<br /> "' PROPERtY DMIAGE IRlBURAttCE.fio follov�inp Pro�slam rolatlng to Insudng tha ProPcuq+ere e Pa� .,
<br /> MaOntenance at�nat�rince.T�vator shaU p�u�e�°d����P��g�ftre tr�surar�ce w�th standard extondod caverego end ,�0^o�am
<br /> �cp1aroemoM basis for Iho tus�RSUme�e vNuv couoMO el�mprovema��an tho Roai Proporh►tn an amouM auNtclam to avold epp ,
<br /> �, �. � cdnsumnao ctawo�aod wi�a etn�dard martpngoo aiuu�A tn t�vor of I.ondor,togethor wlth such othsr hasard and Ilablury insurarao n$tsndm .
<br /> ':„.��� mssY m.asonnbly ro4���$a���a��o�londar.�Trustor up n qu�t of Lende,�det�iveyr to t�.endar trom U o o tlmeh Polfdes ..
<br /> company a compan e� �h p In tavar of ,.�."
<br /> or certlitcates ot tnau�w�len iwtt�t��.Enohei�surance polla►also ahalilndud nn�d'orsement rov�tdl 8 that cov�ay6 wlt�ut at ' •,;�:y'
<br /> tsast ten t10)dAya'p p '�
<br /> �.� ?��r,:'� londor wi11 not ba Impai�d In any way by any uc�cm�sstan or dotsutt ot TrustorManage�ag3ncY+�s a sP��he�mrdyeroa. rusta ' "'_>.�
<br /> _,��-:.�:. � , bocome tocated In an area dessB�ated by tho Dfrs�tor ot tho Fotlaml EmeRle�Y llmits sat ::';;
<br /> de ! d dnelpal bNanea dt Ot�e loan,up to the ma�dmum�aUOY � ;
<br /> ;��.";��; gqrees to obhUn and mtsinteln Fed�ai Fload Irssua�oe tor tha 4Nt unpa► P
<br /> m,p� �p t i�n v t s e�e�uked b y londer.and to malr�taln auah Insurence for the term o?4ho I�n. .,,,..;�.,,_�
<br /> , underthe Natlonat Fl o o d Iroura�e P r o B r a ' ���'�'�
<br /> Lender me meke Proof of 1o9s H l'n t s tar la f.�;�,'_
<br /> Lender af any toss or demepa to the Propa1Y• � reoeiw and retsla ' G '�'
<br /> , Apptie�ltoa o!PraceeC4.Vu�sta shell prom0�]I �or rtot Lender's sacudiy ts Impalred�Lender may�at' eleo8on, `:1�t":..
<br /> ta►k�to do so withln flRee�(t6)daya ot 1h��u�9t�Aet nt af a�y tSsn atl�tlna flte 4�a A e�l�►.a tien �I;�,:
<br /> the praoesds o!eny Im�rencc►a n d ePPhr t h e P r o o�d s t o t h e ro d u cflon at tho Indebtodness.DBY� Y r u s t o r s h d i ro 0 a f r a�e 0 i a a t T e a . .,t .;,•
<br /> . ;;'�, ' restonUon and repeU a! tl� P►cP�t Y. I f L a n c i e t t�t e c b t o e P P b t h e p r o o e s d s to restoratbn and repal q ��: :
<br /> ro o t o t s u o t�a�e n d t u r a.p�Y a ��.4�l;ir'�s.
<br /> °�;,:;« , d n m a g s d o t d a s l r o y e E e m�ovemonffi in a mamnar�st�ctaY to Lender. Lende►s!ml1�uPon sattst�atory P 1 i;;�
<br /> • relmburse T►ustar trom tl�o pr0000ds tor the rc►a�oncael�cos t o!rep a i r o r ro s t o m U o n I f T n�s t o r i s n o t I n d o t ault under this Oaed�T i u s t.�M� 1 ,�J
<br /> rc► a�
<br /> prooeeds whbh heve not been disbwr�ad w�hin 18� days aRer lheir reoeipt and whluh Lend��hal�np y m8 m�����t�^tl��Uon o f �.;'!,n.:-
<br /> qto property ahnll bo usad Ara!fo pny nny em�ud owinp to tsnder under thts Daed of Trust, ,,,--.--
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<br /> t „l any,Shall bo appNt►d to the prfndpe�b8lnno�o! 1�D Indebtedness. If Lsndor holds any proceods after paymoM in full ot!he�ndabtedn�s,steen 1
<br /> ptoceeds Bt�ail bo pald to Tn[stor as Trustore hat�esb maY ePPear• d b thb .,....`-•
<br /> . � ���.;:..
<br /> ���Inw��ge�.Any une�ired tn�uarao shall inure to t h e b ene fi t o t,a n d pass to�the P���tho Pro�eAy cove�e Y ,��
<br /> � Deod otTrust at snytrusteo's enl�or other^e�9 MJd e�r tho provtsler�s ot thls Daed of Trust,a at anY foreolasure saie ot such PropeAy. ,F;.::_
<br /> '.ts',!,_-,
<br /> . ; � Comptl�s wlth F�dett�p Indebtedneas. DurUp t�e D��In whbh�nY�dn0 Indebtednass desalbsr!be�ow b k►ei[ecl�comAl�noo wifh a�v..
<br /> ny:.-::
<br /> �% t the I�uranoe Prov�IoRS�ontalnsd In the Instn�nt 4vid0ncin0 suoh Ezbflng indebtednes.s ahail com3Utute comp�wlth tM nsunno� '_�
<br /> � Otovlsloro under thb D80d oi Trust�to the�ct�nl comPtlanoa with to�i�toss.the pro��ih s 0 d ot Tn�st���vk ionAOf np�ooudi sl�alle ��,.-�
<br /> . : :� requlromYM. It anY prva�s i�6r�8sa 8satxrs��t�!C"-Y°b� �""
<br /> �•r . ePPh onty to lhat paUOS�ot 1he Pr��not P'��to the hWder o!ths F.�dsttnillndebtedness. e�
<br /> «.� .
<br /> ,. � ir�te�d������betow� ar�Y�n or pprorot�edinp Is commenced lhat w uiddm�at a� sffed lsr+dere Interesb i�n tl�M �k��''=-
<br /> �r Propo�iy�Lender on Trnstor's Eohalf may�but el�atl aot bo reQuked to.fake any actlon that Lende�deems ePP�P� �Y amount th4t Lender
<br /> s+ expendg In•�o doUiB�baar irterest at the�P������a d (b)be added to tho batancebo�e Note auid t�o aAPado�ned a�irtan0 --
<br /> � Trtlslor. AA snoh exp�tr�ses,et Lenders opUon.
<br /> ' � and he peyaifb with any Nsleiment paY�nffi to bc�ooms due dudnp eltl�x p)the term ot any eApIbable Insurenoe PoOaY a �)tTra remaldaq rm �,.�
<br /> .. � ¢f the Note,a (c)be Veated nts n balloon pam+err wluch wul be duo and payable at the tJote's meturliy. Thb Oeod of nat dso wit seauru
<br /> . �. enUried on a�n o?�dafa��AnY su%h a�ction b�jml��ehell nat be c�o��ns ahuded as curinp the d�N�t so a.�s to har�L,en4de G�rom amr rem�t� __-
<br /> lT 0111lfM�1'.�WOLIC����•
<br /> _ ' , . WAf1tUNTY3�hatSEOF T111E.The foNOwl�1 -Jans retatlnp to ownashlp ot the ProQedY ere n Part ot this DeeJ of Tnnt. -� --
<br /> TitM. 7'nntor wamnts Iha� (a)Trustor hdd;s 0�an�maricet�le Utt�o}record to the Props'h►In!ao sl !�.fre�and cioar o!011 Bem anfl _
<br /> _ . eneumbnnoo�olMr tt�n tho�set torth In ttso Aaat Pr�deserl�pfloyn Lender ln�n�eaffon�vrl�t�tds Oeed ot TNS1.nr�d (b)Tn�sta� -
<br /> • - P�Y.�reP�•an^�Itltle optntan issued lnhvarot,an ooeP Y
<br /> . � �, fuN dOht,Powot.and auU�aitf�to�wcuto�nd daEvc�rNt3 Oesd of Tnnt to Lender. �:-:-.-_._
<br /> " Oebnie ot TIGs. Sublxt to ihe exaoD�In Y�e P+��feAh above�Trustor wartsMa end wIB torewer detond the Utle to the PropMy�pairat the
<br /> , � •: IawlW ct�lms o!aU porcons• In the eveM any�ctlon or P�a�is commenaed that 4uesUora Tnntofe Utb a ttw intaratit at Tnnteo o� �,_�
<br /> tsnder ahaN bo entltl+sdlo PaNC)Pa�te�ln tha pocoedU+y�and totbe reP�se�nted�^the praoeedtnp by caur+sel o�n�e�oia.�u►d �,m.�
<br /> Tnisto►wiit detiver�a causo to Be dothr�od�t�lender such Ir�trumenta es Londor maY reQuest trom Ume to tirt�to Pe►�1 such perticipolon. � ,`._ -
<br /> , � �o�npilonco With�sd►1. Tn�tar wensnts 1Mt tlw FRcD�Y and Ynrstofa use of tho FrcP�h►�mP�wlth all en�itnp oAPe�bte IaNg: �.--
<br /> - _.-. -...��_ ordinanoes.artd�pusslbns of Qovemmenial aW►o�s• ... i�cistsl�.�t�"�'���ln±�tednass'1 Rrs 4 Out of Ws Q�0 af _ __
<br /> _ ' -� @(!°Tlt�i�!k!�L•BY�t�h.89. 'i'i�a tuit0+ttrtp pra4.�k'�ee Cor.r,�rr�ssg c�6��y ��_-----
<br /> .�...._ .. ., i Ttw�t. ea�t� --_----
<br /> ':;:,�, � pd�ynp Lbn. Tla lten ot fNs O�d ot Tnest ucuN�tA�o 1F�dsUnq Indebtodryiess�o��rd a►Y detau�t on a�eh l�ndebtetin�.4ny d�ltutt �,.___-�
<br /> ?�:;:;�•• ., , covenards and ep�oe3 ro pt►y,or ses to ttw pa1�m m•
<br /> undK tR�InsWmeNs eddenotnp suoh tndebtodn�,or tny detnult under any secudiy dooumenb tor saoh lnd�bl�dn�ts. �:;�-w-��
<br /> . . Oeta�n. If fhe payn�ts�of enY I�tlmem ac!plrtaipal ar nny IMerest on 4he OdsUnp Indebtedness Is nCt made wilNn tAe Snr reqt�Ced bY the �i+'r?�, _
<br /> , � � no2a�vldElnaln0� od Iht�ei��.�n at�1h����t lenderr ttre indob�m socured bry th�Oead oft Ttust stiaA become�d�� �n:, _
<br /> eAP����°pe� ...,�T,�,•.
<br /> a;•. °p snd payable�nnd thts Daed ot Tnut ohau ba M OoteiG� . . . .:..:.,ti_
<br /> �
<br /> rc;`�;� �� No Modlticallon�Tretsbr 3hatl not ontor IMoNf►�mont wrih the hotder ot nny matpapo�deod of tnist.or othor cnauriM ApreemeM w� :.;��tir,.��; .
<br /> "•;:` . h�s p�la+ffy ovor Ih's Oesd ot T�t by valU��9�a�egrsement b modtlled.amanded.�d.a�enewed withouf ti�e�dor wrtlMn cor�i�t d � ,,y , :,-�,
<br /> ment wlthou!ttta�rtQr wdlten ca�nt of ti r�!". .
<br /> . .'�:t�� ;1�:. �.enaxr. 7ru�tot ekitl ndthor ro4uos!�ur c►exqt Ny tulure edvanoeo undet any suah eeeudtY a4nee . �,
<br /> ,,�';;�`:Y;,;;;;ti:�,':`;t•,r`� Lender. . , ,
<br /> . . `.��.,�,�:,.,��:.'_ ,
<br /> ,. ,,.. . .. . E?DND�IA4i0PJ. TAo tcCawln�RTOVtsfans rda4U0 ta coRdamRSUon pr000t�fling�aro a pnR ot thls�04 qrt�sL
<br /> :.`;',5,?r,' . !s condomne0 by emimant domatn pr000sd!nps ar by tm R��ar ;.a� � . ..
<br /> /ippltaMton ot Net �eds. If eN ar arry Part of C1e�raporty of 11re�wrvd to�p91ei!W t0e ,.�,� . .
<br />_ , purehewe fo qev d¢ai6omnaflon.Ler�dor�uY�4 Ns cMeeUOn roquire that nil ar any Partlen ot tM�t pr000e6s nt ef a11 reas+�nab1e ,:
<br /> _ _ -_-__---__-- ... ---_�,� ......w.��.�.o�.n� ur P+raoe�tv. The net Prooeuds ot the award ehnil mean the award urter payrno
<br /> _-
<br /> _____ ---� maea�m+�m w.q .-r-.-•-------- -
<br /> - ., c�„�r�s�end atlomol�a�Mc�s Incmr�dEy Trustee or Londer In connoonon a�nn me�v�o.���..:•. ea3cn eueh -
<br /> PtOteediqy�. If Yny procoG6ing In condorunUan Is fJed�Tn�tOr shail promPtM rtoUty Lender In tvAtl�sQ�8nd TNStor shaN P b�rtt9�r sh�1
<br /> ' et t►p�a�maY tio n��lhedofon��� t���n t e din t h o�p r a o o o d t r q by oounsel of ptn own chobB.�T�a wm dower a
<br /> _ � bo onUtlad to paNciy
<br /> cnura to be ddivero�lo I.Andor sush tmMaments es�ay bc�ro0uo:►ted by tt trom Ume to tlme to peimtt suoh perHdDn t ion.
<br /> tMPOti17lON OR TAXE��FF�B AN9 CHA�i6�6BV Q�VERkMElJTAL At1T110RITtEB. The topowin8 P�lons r6tatlng to 8o�m�" �'
<br /> • � foes and ehe►8es aro n pa�tot thb Deod of Tn� „
<br /> Current Tex�s„Fe�a end CharO�s. �10�*��1�1 by Lendor.Trustar Qt�ail Nmauto suCh documonts M a TdlU�,on ������la� .
<br />- whatever othor adton b�eQUastotl by Lcnda to patcact and conUnue Londo�s Ilo�rh�e Roaf���th13 Qead o4 Trttst,indudirtp vYMcu� "
<br /> taxa►.ps da�,,cr@od bolorv,topothor vAth el ct�rt�s Irecurrod in recadtrp,
<br /> - � ` Umltntlon flU�aes�f[�es,daumentary slemy�,e►nd athar ahargos ta recerdinp or re9lstarinp th�t Ooed ot Ttust
<br />- T�xes. The follow1e+08lmA Co�Ututo�lo wNch thb Goctton eppllo:►: (s)a tipootfb Uix�Po�thts typci of Oeed a Ttust�to�d06ted 4rom
<br /> . , part ot th0 IndCbto�no�r,ocufCd by tht3 Oacd of Y�tts� (b)s sFeatfta Wt on Trustor tvhich TYu3tot�Bulhp�d , �1 .
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