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<br /> . . CQVENANTS g9° ���fr� O
<br /> �� t. Peym�nt�. Borrowor agreos to mako oll poymonte an tho socurod dobt wphon duo,Unlooa Borrowor and Landor aproo othorwlso, onV r
<br /> � " oxc univo off ntorost or�ptineipe oocond ta Into�oet�ond hon to ptlnolpo'�.bf Pnrll�u/prapoymont ot tho&ocurodrdobt oacura tor ony rooaon aitawlll
<br /> •� • '. rtot roduco or oxcuso ony ech�Qulod paymont until tho socurod dobt is pnid in fuA, :_�:
<br /> 2.Ciefmr Apslnst TIUt.Barrowp(wlll pay ol�taxon,aaapnemonto,nnd othor chorgou attrlbutabto to tho propo�ty vrhon duo nrxl wllt dotond titlo
<br /> to tho proparty against uny cloimn which Woutd Impalr tl►o Ilon ot thfo doad ot auot.Landor moy roqulro 8orrawor to noalpn any riphto,cinlmc or t` �_
<br /> dotoneoo whieh eortowor moy hevd 6flninet parties who supptY labor or mato�lele to Improvo or mnintain tho proporty.
<br /> 3.tnsuranoe.8otrower wfll keep the proparty gIn,^.ured undar tormn aocoptobin to Londor ut Borrowor'o oxponao and for Londor's bonoflt. A�I
<br /> ., irteuranco pollcloo shnll Inclunco ioe oda moyrtbo0appllod�with{n 1 ende e aisc ocion�oj�a�a�inedosio uiion or reptllt of the duma8od piaperthy �!��.'
<br /> . Insuranco poliay.Any Inouro p ;
<br /> or to the eocurod dobt.If Lendor requiros mortgago insuronce,8arrowor agreos to melntnin such Inaurance for na lonfl as Lender requires.
<br /> ° ;,:;.:a�.� 4.Property.8orrownr will keep tho propetty in good conditlon and make all tepalre roatonebiy neceauery. �.;�'�=
<br /> �a 6.Exponaes.Borrower agrees to pay aIi Lender's oxponsea including roaeonabb attomeys'feea,if Borrowor breaka any covenente f�fhie deed n�u-.
<br /> ° of uuet or in nny obilgotlon socured by this doed oi vust.�orrower wili pay those amounte to Lendor ae provided in Covenant 9 of this daed of ��s__;.
<br /> , uust. F;.
<br /> 8.Pdor Socu�b►t�rest�.Unleas Dotrower first obtu{ns Londor'a written camont,8or�ower w1i1 not make or permit any changea to any prior _
<br /> `' � security interes�s. Borrower wiN portorm ati of Borrowor'e obilgations under any prlo� mortgope,deed of truot or other securiry agreoment, =��
<br /> },., Including Borrower's covononts to meke peymenim when due. -�
<br /> � •�,'� 7.AestgnmeM ot Ronta and Profite.8orrower asaipns to Londar tho rente and profite o4 the property. Unleas 8orrower and 4eodor have agread �"�,,,�'
<br /> ' ���•'.���� otherwise In writin9,BaROwer may colieot and retain the renta as long es Bor►owar ie not In default.H Bonower defaufte, lender,Lender's �?'
<br /> ; e:;. _
<br /> � .,1?;���: aBertt,or a court appointed �acefvor may take po�seasion and menage thm property and callact tho rents. Any roMS Lenda�eolioats shail be =_
<br /> tri:,
<br /> �:�,r;.�, �� �:"}�;•a.:t applled?itat to the coets of managing tho property, Inciuding eoun coats and attanoya' toea, eammlasiona to tental a aents, end eny other
<br /> ` ������l noeessary re�eted eKpenaea.The�emaining amount of rents wilt thon oppiy to peyments on the eeewed debt fls provided in Covenertt 1.
<br /> _}',.;,):•.;' .1,,`:..N���.y .__
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<br /> , ,, .,;,�; 9.Leaaoholda•Condominiumat Piannsd Unh Devefopmonto.8orrower agrees to compIy wlch tho proviuiona ot any lease If thla deed of vust a on
<br /> � o teesehoid.I�thia daed of uuet ie on a unit in a eondominium or a plan�d unit development, Borrower wlll perform ull of Borrower's dutieu
<br /> �'',t;`� under the eovonente,by-lewa,ar reguiations of the condominium or piannod unit dovebpment. —
<br /> 9.Author�ty of londer w P�rlorm for Bottower. It[ior�owor falls to_parform ony of Borrowor'a dutioa undor this dood of uust, Londar may =
<br /> consuuattfon onUths p�roperty ia dteceot�nued or n t�ited on in a ro�wpi+ebte menna Lendar mey do whatevsr Is naceeoary to proteat Le dor'a
<br /> �� soeurity tntorast in tho proporry.'1'his may inciudo eomplatinp the conauuotlon.
<br /> ' Lender's felture to partorm wlll not prectudo L.ender irom exeratelnA any of Its athes riphta untla the Iaw ar thla deod of trust.
<br /> • ' and wIU be r8into�restyhom the daie ot tha paymont untl!patdtin full at�the insorobtv eto In eNe�ct on the ieauriid deb untt wllt be duo on demand -
<br /> ' 10. O�f�utt rnd Aacder�tl�n.lf Borrower ta0�to meke any psyment whe�d��at�et►a�e.��aQCe,e°�ts°�h^v�maturityhof 1 s�arcuredsdebt in�
<br /> obllaation tscured by thl�dead of uust or any prlor maKp�Oe or desd 9f uu�t, Y
<br /> demand imm�sdlete p�yment and may Invoke the powar ot�ate and my otner remediei permitted by applio�bb I�w.
<br /> � i.•'; . - 11.Rtqu��t fot NoUe�of�f�utt It is hueby requs�taa mat copie.oi it•o+wti:.s:a`d=l�!!s�d=S��+s'-O�r t��ach Qeraon who b s PutY ,
<br />-' • horeto,at tha addroaa ot eec �ueh person,ae eet torth hereln.
<br /> S`_�.; 72.PowH of Sat�.If she Lender Invokos the powet of�ate,the Truetee shel fErst record in the ottlee of Me reAl�ter of deeds of each eounty
<br /> • -' wheroin tho Wat property or�ome part or pareel thereot is skueted s notice ot de}autt contnining�ht��ao��p tlui4u�r6ons�as p�reicrlb�edtby
<br /> J� �� �• ahnli also me i l cop tes o f t he n o t i r o o f d a f a u ft t o t ha B�tower,to oaoh pereon who fa e paAy h s n o t I n a n y
<br /> '-z•..�:%`!•r:�,ti.,�'� eppticablo low. Not tess than one month aftor the Trustee rewrda the noUce of dofua�ue lti,ry�teo�he0o8��Wb hQ�rtce pof e n t e t a the persorta
<br />�:'";,...;.;..�..• ineorpo�etsd cftY or vittaga and fs�used in inrmUg o�perations aatttod on by ehe truetor.
<br /> �7� � bl dor.�l f Qu1 ed b Py the�F arm d HOmestoad�P►otootiTOne A�ot,Tn�i Mee s h e l i o�f f t h aT p r O P t�B��'e0P r e t e e�elu o o A�a qui ed b y a p pli�anbi��lew
<br /> tfu orty
<br />-'7'-!"•��'"', Trueteo moy paatpono eute of a�l or any Dnreol af tho property by publio onnaunaoment e t tha timo and pteco of any provlously sehodutn oato.
<br />- Lender or ito Qastipneo mey purchaao tho proporty at ony ou�o.
<br /> ` Upon recatpt of pa morn of tAo pr(co btd,Trustoe aha�l deliver to the purchasor Truaroo'a deed eonvoyinD tho proporty.Tho►eaiUpIo containod In
<br /> _' .` . . Truat i�s ordor t 1�to pnlime�iisos of the�sfeto�1na udingh but�ot tlm�tod to�r�oas�oeabie Tvuotoe8hnifoeaP roaeonab�e ott om Y e�f8esn8r�id _
<br /> T,','�s,; follow 8 I�!;,`
<br />�,;;;;ts,;'-�+•r .� reinstetamont teea;Ibf to att sume aocurod by this dood ot uust,nnd(o)tha beianco,if any,to tho poreons IegaQy ontk�ed to reoo►ve ft. ___
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<br /> � �'� '?u'•=t° 13.Fa�eto:�cea.At Lender's option,this deed of truat may ba ioreeiosed in the manner pravldo by appitcnbla Iew tor foroctoaure of mortga�es
<br /> _�._;�`y_'�';y;,'�'i
<br /> �iJc��!, on roal propartY.
<br /> rc. "�.�.."��il�(i�'iflf��71
<br /> � ,- „�,---� �4,Ua�qn.Lendar mey eMer the prapany to Inspeat it if Londor givo�Borrowor rwtico boforehand.Tho notioc�must awto the roasannbie
<br />�F,���� cuuoo or Lende�'s inspeotion.
<br />-;��;2�,.:, tg,Condemn�8on.Bonowor as�i ne to Londor tho procaods of any eward or eioim lor damapea conneatod wtth a condomnnUon or othor taktnp
<br />- e of ell or any part ot tho proporty.�uch procoeda wlll be oppQed es providod In Covenerrt 1.This aseignment 1s subjoat to the tarma of nny Dtior
<br />-�'_�1.°....�.;;',i���s`i" 80CUiIty OQteQt4t011t.
<br /> L't�Sa�_:i�' . A� .._
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<br />_:j;y;���y� ��9 18.Wdvor.Gy exeraising any romedY ovaila4te to Londor,Lendor dooa not give up anv rights to Iatar uso nnv othor romedy.By rtot oxsrcfe n8
<br /> ` �-� any romady upon Bortower'e dofauit,Londer dooa not waivo any right to tater conaioor tho avant o dofnutt i4 it happons a8aln• -
<br /> 17, Juhrt rnd 8�vntl Uab[iinr: Casl�m rost� Succ�saon anfl Aaipns Soacnd. All dutiea under thie deod of trust ore Joint nnd eovorct. Any �z;._
<br /> ��--�'•-G �'�� Bnnotv�a�se�st�fn��R Q?g�Y t�tho Tn�eo u�er tho t mie of this dsao oi bdu86tt In°fld itlon�such�a 8oriowni agrQesMdtet t�he Lender ei�id .
<br /> '"'`��::�.x'.iC.'7 n�y ntM,.iLvrnwar undor tNu dood ot vuat may oxtond,madifY or meka am aih� duts�asµin�rs tera��of Mis daad o!truat or Nw seeEn•d
<br />_:x='^°.u;-- dobt vrithout that BonowoYa consent and�+fthout roioosm8 mat e�orrower i�mn.i�o to,a�e a...........�a!tivat. _
<br /> ,�.�r:.
<br />�;•� .• Tho duttos nnd benatlte of thle dood of trust ehatl bfnd ond bonofR tho euacosaors and aast8na of londor and Borrowor. _
<br /> �,'.�F� t9.NoSu.Unlosa othorwtsa raquirod by inw,any nottce to Borrowor shat!Oo Bivon b�/dofivarinp k a,r by mnlltng it by eorNfiod mnll oddrosaad to
<br /> � 8orcov+rar at tho ptopnriy addross or any othor nddross that 8orrowor has pNon to Lvndor.Borcowor wtit givo any noUce to Londor by ccrtiHed
<br /> _ � . r bo saM tonLarr,der'edadd esa eB etatod on�p po1 ef d�fs dood of umu t' or ad[roc:�which Londnr haa dosignatod.Any othar noUOO to Londor ethali
<br /> ' � '�.� ' Any notice ehatl be dcsomod to hovo baen plvon!o Borrow�or Londot whon givo�h Mo manner statod nbovr�. --
<br /> - , �4i 19.Tnr�shr of tM ProDKeY a��Rap��1O��0��'�t���or any pott ot tho proportv or any intarcat tn it te sotd or trareterrad �
<br /> without Lender'e prtot writton conaoM, Londet may demand Immodiate DaYrreant of the sacurod dobt. londer may ntao domand Immgdtete
<br />- �• paymer►t If the Bottower ts not a neturalp�rson and e banefielel tntnroa�In the Borrower fa sold a trans�erred.However. I.orttlor may not
<br />_ y;, Oemand paymeM in the abovo aHuattone it it ia proh!bfted by fodoret law as of the d�t�of this doed of uuat.
<br /> _ _; _ 20.Rsconwlr�rec�•1M►en tAe obtlgatlon securod by thfa doed of tnest has baen petd and Londor hoe no funhor obllpallon to mako advences
<br /> undar thv tnsuums�s or agroamoM�see�►od bY�hig dood of uuat,tho Trwtoo eholf upon anitton requoatp�the Londw,roeornoy tho trust
<br /> ' � a�-�_� cronnrtv.The Lender eheil douvor to tho Borcowot,or to Bonower'e ouceoaoor In hrcoroat.tho uuat deed end the note ar othnr evldence ot tlro �
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<br /> „;,' -` ;i oblfgetion eo ootlsnoa.eorrowar anan per amr�o:��a�^^•---�. _
<br /> � � �'� 21. Sueaessa Tn►sts+. Londor. at londor'e optton, mo1I romow T�ustoo and appoint o auccousar uustc�o by firc►t. molilnp e copy of tho �
<br /> ' � sub�titution of truatoo oe�aWirud by appllcnblA lew,ond thon,bY ftiinp tho eub3tftutkan of trustoe tor rocord�n tho oHlco of tfio mptatar ot duoda
<br /> <<,. ` of ooch couniy fn which tho tru�t property,or somo Dart thoroof.io e�tuotad.Tho succossor truatoo,without eonvoyonco of tho propnrty.shat� .`-.
<br />� ' .s}�}�'��� succaod to otl tho powor,dutioc,authoNty and titlo of ffio Truet¢o nomad M tho dood of trvat ond of ony suecoasor truatoo. 1.
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