. � �..
<br /> , . '
<br /> ' \�f� .. . . - ., `
<br /> ' .. � . . . . . _ .. �- ��.. ........ . .._ ..-:d�lM!Y.
<br /> .._._. .. .. . '
<br /> -''`-`•_..—:��'"'_"_'.._.._. _ .._„�..
<br /> . ., , __-� 99- �Q,����
<br /> cov�ru�roTn
<br /> 1. P� ••�nt9. 8onov�er apraoa to msko ali pnymnnto on Iho eocured da6t wh�n duv. Untosa Borrowo► and 4ondor aproo otharwice, any
<br /> _ :,�_ _ poyrrtonte LarMor rocolvcs f�ui:l BLYrOwer o� fpr 84iroweY�bcmeNt wIN�e appllad fitat Lo eny arrtounte Borrotivor owos on tho sacurad dobt
<br /> ��� — euaiutiva of intorobi r,r pt{i�t�p3i, �a;.�.t�li�t'�,�ttsl4aten to pirtcfpal. if Qnrflnt p�upoymont of tho aocurad dobt occuro for ony roaaon,It wUi
<br /> not roduca or oxauno onv gahstt�t�p4Y�ent ur�til tRo accuted doEt IB paid U tul�. ''��
<br /> �.CletmsAgrtrytnst TIQs."Boiro�Frer wlil pay ull texoe,aeao�cmento,end othor charpoa atvtbutotrdo to thopropony whon duo and w11i dof4rtd titfo
<br /> dofor soa veRlchd�onowoi moy hovo ug tn�ptlrtl opwtro auppN�o�� aamototlolo to impr�ovo or�n�ntnt0ln t�o ptopartyQOalpn ony rlghte,alolme or
<br /> 8. lniu�anc�.Bottownr wtil keep tho propeny tnatc►ad u�d�r torme accoptabte to Landor ot Borrower'e eupense end tor LertdoYs bnrtafit.All �,
<br /> Inaurnnco po�lclou shai!Inciudo�atandnrd mort npo ctauae N favor of Lnndor.LendAr wiit bo namad ue Ioas payso or po tke ineurod on ony euah
<br /> or to Mo tecured d8bt!f Lendor�equlrea mortfl�pe�eur��Borrower 8t008 t'11181tltBID BUCh iDOY 8000�Of�8 10 B II8 lA doraroqutroe roporcy _
<br /> p:-`-
<br /> n:_-
<br /> . •�;;;, 4.Properiy Borrower wUi koep the proporiy tn pood eontf 3tbn a�mako a0 ropoirs ronuonaWy nocoseary. � :
<br /> '�� �f„*: � B.Exp�ntea.Bonower ogreos to pay nil LendoYe axpensoa Including roaeonebte ottorrroya'teou,If Borrowot b�onks ony covononto In thia dood �V�;-
<br /> of trust or in any obltpotton ooeurod by thie dnod of trust.�or►ower wlll pay these emounta to londor as provided tn Covonnnt 8 ot thla desd of
<br /> truat.
<br /> 8.iRtor 8fcudty IM�tal�.Untoss Bonowor tiret obtelna lendor'e�nnitton cnnsent, Borrower w1U o�ot meko or pormit any changos to uny prfot ��
<br /> �• eeeurity krtereste.Bonower wili pertorm ati of Bottowor'�o�llpetlons undet ony prtor martgopo, dood of Vuat or otfiflr aocurity ogtoomnnt, Q!"'��-
<br /> � Inctudinp Doi�ower's cavenente to make paymonte when duo.
<br /> •' 4 7,p�s1�una�t o4 R�..e and Proflb.sot�owor asatgroi to lender tha �onts and profi4s of tho propotty.UNoss Bottowor and Lo�der havo�gro3tl
<br /> ,� otharw s�o i�writinp, Borrawot muy wlloot and�otain tho rov�te es Ionp sa Bonowrnr is not in d3feutt.lt 8orcowor dotauhs, Lundor, l andor's _
<br /> �� agont, or a court appotntod rocoiver maY toke possoaslon artd maTngo the property ond collact tfio tanta.Any rentu Londor cotiuots ahnll bo �
<br /> appliad tiret to tho Goats of manngfnp tho proporty,IneluGmg court eosts and attorneys'toes,commlealona to tantui a ont�, and eny ott�er �,_
<br /> � � npooanury�otetod eupenttos.Tho romatning amount of rentawili thon apply to paymento on tho aocurCd dobt as providod in�vonent 1. _
<br /> ''�� 8.I.�ss��hoatdi�Conda�Ndumsi P1Mxwd Udt Daw�a�,9°n°wes a oms to com ty with the provlolona of nny leeso if thla deed ot uuat la on -
<br /> � i undar ethe ao Ivenante,by�aw�or oe lu aUorn at Ms��cc�nJ�o�lum w pia�°f aa urii a�e op�s�i�tent.Bottawat vrt:!pertorm ali ot Bortorret's duttea
<br /> � � 9.6�tio�ity c}�sttd��to p�(urm tar @aaowe►.tt Bo��ower faL's .��orm nny of Borcower'e duttea undet Mls deed of auot,Londar may -.
<br /> e�o�nstri�i�lon o t�heprroperty t�d si eot�nuod or not cnrrted on in e eaaon�bi�mannnr,Londor may do v�ahet voi/a nocoseory io�o at londei a
<br /> ��:..
<br /> socurtty Intenst In t6o prapetty.This msy inctude compiotlnp tfio ca�aVUatlon. _
<br /> ,�i�. Lertder'e tallure Yo g>vdorm will rtot ptooludo londa►hom oxercisMq any of Ito oth�r eighto undor tho law or thb daod of trust.
<br /> (�
<br /> ,,.• , ny
<br /> an�w1�i�oe*�Marest hom tiio daLa of t�he paymunt u�ll�pelld ir+1uu a�thointorostrato In ottoa�t on thi secured deb unte altl bo duo on deman.i --
<br /> oblige�a�i stec�u ed by lU�af de8d of�uust or eny P om ottgego�oydaod ot trustulondar me�y��cc�aler�ote�tfieemotuerityhot thoESecured de6t nnd -
<br /> domand immedlata peyment and msy invoko the powet of ulo aml any othnr romedlea permltted by appiloablo tew.
<br /> �� � 17.R�wst fa Nattc�of O�tauft.it ia heteby re�uaated thet coptes of tho notiaes of dafautt end eale be sent to each poreon vuho ts a party
<br /> - _.- ��.et r�o,u�aroaa et es sueh person.Qa eat 7mth f�aoln. —
<br /> 1�.�awn o4 B�b.lt the tander Invokes the powsr of seb, the T�uatuo oAnit first rocord in tna�offico of the rapister ot deeds ot eech county _
<br /> • wfier�ln the truat ProRenY or some part or parco�theroof q aituated a nadce of defauft contatrtYnD the intormatton required by IAw.The Truatee
<br /> sholl aho mall coptea of the nottce of detauh to tho Berrtowor,to eeCh pornon who is e periy Yuroto,and to other pe►sona as preacrlbed by -
<br />� ' appliaable lew. Not loas than one month e�iter the Tnaatee roeada tha nptice of dotautt os twa months if the tru�t proporty�s not tn any
<br /> � . . • ., �" Incorporeted cit�►ar vilispe and is uted tn farminp operotio�cartied on by tRO truetor,the fruatee shei�yive pubtlo rtoUeo af sate to the persena
<br /> and!n� mmnar praauibed bY epAP�r��e tew.TNSt6a wittwut domand on Borrowar,shstl selt the propeRy st pu6lia euatlon to th.s ht�h2w!
<br /> `_.�,,. .;, :, btdder.I raQuirod+bV ahe Farm liomestead P►oteation AoL Truatee shat otfor the ptoperiy in two aeptrate eales as�epuired by�ppifwble inw.
<br /> x•-• � T�a�tee mny postpone sale of eQ or any parcel o!tlu Qraperty OY publia onnouncement et tha tlme and ptece ot eny prertously schaduted tala.
<br />-�.;; Landor or ito destgneo mey purchoao 1fie propeAy t�t�ny eeb. _
<br /> �,,,,1;,F. .:.��
<br /> %:'"::-�+•�•r ._;� Upon roeei�t of paYment of tlre prlr.a Ald,T�ustea shell defns�t�tho purohdse►Tntstoe's dood ca:�veylnp tho propertl+.The�etitin�s coMnined in
<br /> ��'"������ Trostee's�osd ehell bo prtma focto evtdtertce o4 tha uuth of the atetamontn contnfned theroln.Tnistee ahaQ appiy the proceeds ot tho eale in the
<br />="��"`�""�P foUowing order: (A) to eIi expenaea of t1�e sato. InciudYq, but not Iimited to. roesonnblo Tnwtao's foos, roasonnbte ettotno�fa feoa a�
<br /> • � • t' rotnatetament teast lb)to atl sume eoaured by thio deod of uust,end lol tho bntanco,It any,to tho p9rsons lepalty ontitlod to raceivo h.
<br /> ;:,,, J
<br /> - 19.Forr.tosur�.At Londo►'o opUon,Mio dood of Ttubt r+�eY be fotue�oeeJ In tho rnamiar yrovido by appllaoble taw tot toreetosuro of mortpaaei
<br /> -„+W,..��r,. o1f ranl properiY.
<br />�'1'•'p=`�
<br /> _ y6,tm,ration.Lendet moy o�tor the propony to tnspaatk if lenalor givoa Borrower noUeo bofardund. The noriee muat stete tRe reasonsbte
<br /> -'-� < eause fw I.endeYe Inupeadon.
<br /> zr=:_�;,.�
<br /> ::.,_. 1g,ConO�awttlpn.9ortower aset Qns to Lendor tho proceede of eny awaTd or clelm for damegeo connected wlth e eondomnetlon or other uklnq
<br /> ;-� � ot att ar nny part o4�he property.Suoh procoode wul bo applied es provtdod In CovenaM t.Ytila aoolpnmer►t is subJect to the totma of ony pr]or -
<br /> socurity egreemertt.
<br /> •�� ' 10.W�vat.By exerclsing eny�gmo�evatlabte to londa,Latdar doos not glvo up any dghws tA lator uso eny othar remndy.By not eaerdalnp =
<br />_` � eny�omecty upan e000vtor's dofautt,l.ander does not walvo any rlSgM to tator considor the evon?�defeWt if it heppens egetn. _-
<br />�•.y.;, -. � 17.JaNt rnd B�vml Ue1�lYty� Caalprn►s: Suowuors nd bafym Bound•Atl duttes urtdcic clks deed af truat ero folnt and aeverat.An�
<br /> Bortower who co•atpna thlo dood ot trust but�➢oos �sat co�elgn tho undorrytng debt tnstrurtxsmilsl doaa ao only to prar�t nnd convsy thet
<br /> ```��`-i' "'�7° �onower's lnterest in the property to the Trustoe undor tlro temiu ot thls dooa oT uust.In edditfotw,aueh e 6arJmwCr a9rone that the Lender and
<br />��`�"''�� an athor Bartowar under thls deed of tn+st may exter�E,modilti or meke any other chan�eo in t1u tuma a4 4hfn deed of Vuet or the sewred
<br /> '�'';'` do�S wlthout that Bottower's eonsa�R and wlthaut roloasNp thet�orrower hom tho terms of thta�aed ot truat.
<br /> ,.�•,wH..
<br /> - -- i nc ziuiira ant t�rwtita ut thi�dcad at trt�t�lta!!bh�d ett'!bE��'Rt Qhn m�crwcserc eM aflolons ot ltlttdEt ef�d 801tOw0►. r
<br /> y-.,.. '
<br /> � � 1B.NoHc�.Uafess otho�wlae requlred by law,anY nottcoto Borrowor ahol�bo glvan by dollvorinp 14 or by malUng k by cottitlad mail addreased u _
<br /> � 8otrower at tRo p:aporty oddrees or sny�othor ucidreas thet 8orrowar hae given to Londer.6otto„er w1I1 plva any�ottco to Lartdor by eertifted
<br /> " mall to lender'o addrnss on page t of t61e doed o?uus�,a to eny othor nddroao whlch lortder h�a dealpnetad.Any othor noUeo to Ler�dot ahall
<br />- .: : .�� bo soMto len�l�r'a addreas as steted on pago 1 0!thla dood ottruut. _
<br />-.1';`�;1,° „N ATy mdco ehol!bo doomad to Anva baon phron to Bonuwar o�londor whon gtvon tn tho mn�r�ar�tatad abava. __
<br /> :c,_�:i; � -
<br /> -� ` <� 99.7mst�r of tM FropKt�r w a���tRctal��tt�roat tn th�orro►v�r.lf oIl or ony part of tt�tocc�ceAY or uny iMoroat In it is ao10 or tron8tartod ,
<br /> ' � �f�: without lonGor's prlor written conser�t, l.onder mey demeatd Immedloto paymont of tAo soau�md debt. londor moy also domand Bnmodtato =
<br /> >�'G�,� . �1::',`{� d e m a�p ayme c n't i^�o e b o ve s l t u e da e�i f R i o�r.�o n�I t o dEV f d�ornt letw as ofihd a8te�of Mto @sed of«pu tenotorcad.Howovar, �rtdor mny Rot _
<br /> � � Zp,it or►wyanc�,When tho obltpation securod bY N�to dood of truat hna boun patd and Wrt�er ha�Ro f�R't�obligutlon to make advancoa =
<br /> � isndpoer�o Imtrumenta or agraomorrte encured by ffiISNdo�d af Uuat.tho Trustoe ehetf upoe��rr.ritan roquaai by tho Londer,mosnvay tho uust =
<br /> � obl(poU�on co�ct udeBonuwar ehnll payeany ro�rcadotEoncos�m.or'e nuccesaot In tntetort,�rtrust doed and tho noto ar at?aoT ovtdoneo ot tho =
<br /> __.__._ __.,.... ..o T...a.m n,,.� -�-t a •vuaran bv itrot matltna e coDV of tho .
<br /> �- _ � .. — ai. $uaccssvr ::.:o�or..a.-.'�o�., -- :.o.......
<br /> c oubatlturian of truatoo aa roqulred by oppliceblo�nw,n�l i�c►�,by fiA n�g� tho substitufion ot trustoo tor rocord In tho offlco of tRO�aBtator ot aoc0a _
<br /> " . .. euc��toit�thn powor duNos authwl�and titlo ct sho Truat�o ium d In tho doad oftrust and of�ony suce�c�soi auctoo ot tho propony.shau _
<br /> M • . _.
<br /> ipsgs 2 ol2t -
<br />_ OAlt%ERS Gr6TE14t9.WC..BT.CLO11D.MN 6E301 I1�d0�S97•21�t!FO1'V OCP�ttt�N!6/19N1
<br /> °- - _.__.__.�------- •.__....r__ __..- -� - - ---- - - --- --_
<br /> _. ....�. .� ...�
<br /> .— - �--^�'�^-^ '
<br />
|