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<br /> �� PAQe 3 �.,�� .
<br /> � • ' � ����a� ��u�Y � ����.�5 -
<br /> • 02=9i1-19�� (Co�tinuad) .
<br /> ' � I.oun Na 8SZ�43 - — �---='��� � � , �
<br /> ' Proymty. Trustor ahnV namo Londar as nn nddltbnni obtlgco un�9woly bond lurnk�had in tho contost procc3���8s• �
<br /> •� Evtdorteo ot Paymenl. 7rustor ohnn upon oomand lurnlsh to londo i���si,��a,�don�statomonmot tho 4nxon r+daa%=,u".a�rt�t�nSa���� �
<br /> nuthonsa trto nPDroprlato povornmontnl atOdnl to�..Iivcr to lortdcr n a Y �
<br /> Propetry. � vc.,,'•
<br /> �.atico o!Canctntcflan. Trustor sha�1 nollfy LonOCr al Icast Iiftc�n(tb)days boloro any v�oAc Is commortood,uny aarvioo�aro furnlshsd,or nny$� �.
<br /> matedols aro supplfod to tho Property.it any mochanio's non,rrialerlalmon'a lan, or othcr It,^,n could be os..crlc;d on accounl ot th���ortc,.9�
<br /> � S�aMOOS,or muto�te•Trustor wU1 upon requost W Landar furntsA to Lond3r ndvanco ossureneos etiitsfaotory to Lored6r ihut Tru�tor can and�vdi F� F`�1�.
<br /> • pay Iha caSt of such Improvements. ���'
<br /> .:,,--•_="'''
<br /> PROPERT1t OAMAtiE INStiAANCH. The tollowing provl��ons rcintfng to insurle9 tha ProptirtY are a patt ot 1Rfs Oasd of Trost.
<br /> � M�Ifltcnmeco ot InEUrance. Trutilor shnli procure nnd mNntnln pol�tes ot ftro Insurnnco v�ith standard oxt�nded covango onda�somonts on a
<br /> . �eptacoma�t bnsis tor the f�h a standnrdamottga94o daoso in fevorr t LCnQ�.'fltG88t Ot�wl1 QuCh 0 hUP hnittIIrd and 119b1�ty 1113upiW�CO 89 lA da _
<br /> �� . aot�urnnce Clausc��nnd wl �;:
<br /> may roasortnbiy require. Paifclos ahnli bo w�tter�in torm,amount3, cowrn6xti nnd baslg►eag°^�bh 800°p��O to Londor und Issua y o
<br /> . .. . company or compenles�e�n lobm sntfs uetary lo Le der.nc ud n�g sUpulaUons tht►ovomg II wellVnot bo cudnoeited or dim nbhod v�ilho�a . .
<br /> or cerHflcntes o!Insura ce
<br /> . least tan(10)days'P�aT wdlton nottco to Londcr. �Cach ir►sumnce PoltoYatso 9h0��Q^y o hern erso meShould hioR:x�Prop�at any ttme ,t��?�.
<br /> • '�:,;.��`� tendor w1U not bo Impairod in nny way by arsy act.omis.,lon ar doinult o Y Y;
<br /> ' `�'' become�oCt�tod In en area d9signated by 1he Okector of tho Fedorat EmerOoncy N�niu►9emenl gency as e speeisi Eood h8T8rd ur0��Trustor ' .
<br /> ' '•;i�tY%� �^�:.
<br /> �� agreus to obtain and mn�ntuin Federat Flood Insurtsnce tar the fuil unpald pd��bntunee af tho loan,up lo tRo ma�dmum pal�y Ilmlts sn1 �
<br /> - �, under the NaUonai fload Insurt�rtce ProBram�� rtotily l�Eu o�e�Y bss�n da a9e to tlre PropeAYh4.ana►mnY rt�ke D o0 ot toss U Trustor �-
<br /> L�� � k Applteal?on ot P�aaada Twstor siw��prcmPW
<br />-`�� � t faits!o do so within fittean(1b}days of ti e,�suel�8�to the reduclon ot the ndebt d+ness.PaY��en 8�s�y��e'� alt:ct p�he eaDe��ro�e `��`
<br /> ':.`. ' , � tho prcxeids of any Insurance and app y P �_�
<br /> ' rostoiatbn und ropnU of the PropeAy. If londar elects to app�y tha pxoeds to restoratVon nnd repalr, Tnistor shatt reNatr�r repuiC� ihe '
<br /> „ ' domtt9od ot des ft roerd;reProvp��fot Ihe �eesonFib e cost oft ep r arcc�sloruflc�}T�aPo�otfin d fau�under this Daad ottTtusL Any ��,�_�_.
<br /> . .' � d =°- -
<br /> roimburse Trus o �� P
<br /> prxeeds whkh hAVe not bcen disbu�d within 180 days t�Rsr tholr reo�Dt and whxh lundor has nat comrs►lttod totho repair or restorallon o
<br /> reo
<br /> ' �' �t tho PropeAy shall be used(irst to pay any amount o�ving to Lender undor Ihis Doesf ot Trust,then to pay acerued tnt�rost,and tho remNnder,M ��r^_=Y:
<br /> +�� '� r` ony.shall bo apPilod to tho princlpal batance ot the�ndeDtadness.It Lender hd�s any�raajeds afler paymen!U►4W n�tho Indnbtndness,such --- -
<br /> r,yy proo�sds shaA be paid to Trustor as T�ustor's fnbrosb may uppea►• �__
<br /> �Xf je s�' ' Una?�trCd Insurenee at Sata Any unexpUed Insur�nce ehnu Inure to IM�bensflt of,and pass to,th9 purchaso►o!No ProPerty cover�d by this —_
<br /> ��'y� Oaotl af Tnu!nt any trustee's salo or othar sato hetd under iho provistons o!tNs Deod o!Trost,or at am�tcr�losure eale of such PropaAy.
<br /> .��: ;
<br /> Compi(anee wlth FxisUnp inde0tednes5. Ou�ng the podod In whlah any Edsti rtg In debtednass descrlbed bo►ow�In ettoct,cofiP�tanco w«h
<br /> the insuronce pro�`.ons contalned in tha Ins7ument eNdenclwg�sl���ti�this Oaed of Tnyst�wordd conHftutepni duAlfceNOn ot ins renoe -
<br /> „ provis!ons under tlus oee0 oi'irusi,iu iha e�6rs!cocnRlBn'-'`-' - ° -
<br /> reQuUemont. If erry procec;ds trom tho Insurence become puyabie on los�.the provi5lons In tnts used af i'rusi ta Gi�tt�!Pr�°-'-�!'-'� r��:
<br /> � appry on{y to lhai portion of ths proceeda not payabio to the holdor of Ihe Exishng IndebWdness. '�u�ng flny o�II�on to malntein EuisUny =
<br /> " wllh any prcvlslon m!U�ls Oeed of Tntst, -
<br /> „ IS•�. p(PEt�IDlTltf3E9 9V LENDER. if Trustor fNls to compry ro�a�p Any amount that Lendar ----_-
<br /> Indebtedness in good sla^dfn8 us�o4ufred betow,or it any actlon or pracea�J�nB b commencod thnt would matedelly a1�C1 Landers tntotes9s In ti�e
<br /> i� , Prope�ty.Londer on Tn�t�r's bahalt may,but st►�tl not be roqulred to,take any actlon thdt Lendar deams apA P �_�-
<br /> � '� ettpnnda!n so dofng wa b�ar intorc�st at the mte provided 4ot in the Noto hom ti�gd�Ad othe ba►a�nce ot tho�and�o c�ppa�onod among 'r}�u-
<br /> • K ' Trustru. All such expensos,n1 Lenders opUon,wUl(a)be peYabte on demnnd�
<br /> Itcablo insura�oo poE�'or Q�)tho rematnEng term
<br /> .,;�j, und Oo VayODle wlth uny tnstallment pay�nonSS lo beeomo duo dudng elthar(I)the torm of uny ap
<br /> •'� � ot the lVOte,or (c)be ireated 8s a Dnt:oon payment wh!ct►w11i bh s�histi bo In addittonAln any other�tghts or an�rom�os���h�n��y b
<br /> - • , payment qf inose amounts. TRa dghts provtdad tar In thls P�S*�P `
<br /> . entitted on account of tho dafault. Any aucf�action by lendor shatl not bo ca�struod as curing Sho dotauH so as o be�lertdor hom nny remody thnt --
<br /> ` il othCtw159 WOUId have had.
<br /> � ,� yl/ApRANTY;OEFEHSE af TITLE. 7he tollowing provisbns ro4iting to ownershlD o}tryp propeM uro a pnA ot thb Qc�ad of Ttust.
<br /> Ttfto. Trustor warcents Ihut: (e)Trustor nolde good�n0 marketnbio�QT��h0d t�t,�P de�b�dnoss secUOn�balow a Int any Utte InSUrance
<br /> ' � � "` ertcumbrt►nces othar than those set to�th In ttq Rest Property descrfiy
<br /> --^ti'.°y , pollcy,Mte repo�t,a ennl Htte oPlnion issuod In tavor of,and aeceP-b�b7.��Of in conneaUon wllA ihia Qeod ot Tmat.and lb)TnntOr hns lh9
<br /> . "- futl rlght,power,and aulhority to exocuta and detivcr this Deed ot Trusl to�eednr• _
<br />�{yr , .;A : h ttbove.Trustor wartanta and wlll forevet dst�nd tlm GI�to iho Ptaperty againsl thn
<br />_�.}„, pp}en�e ot TiUe.Sub�ect to tho oxcePtlan in Iho paragraP
<br /> ' e
<br /> .�� �" IawtN1 cUaims ot eA lDersons. �n�tie�ven t any o c 8 o n a p r o c e adi n g b commpncod that questlons Trustors flCa o� 4ho��tao�af T or
<br /> .s:.,�;�.;; Lendor undor this Daod of 7rust,Trpator st+a11 dotend the acUon et fmstor�oxpes�so. Ttustor may bo the noMrt a l p5 f t'l�n t i u C h p f q C e e d t n p,bN `�'
<br /> �,�'"� 710ru�sta wU1 de ver,orcausvto bo dativerod.to Lendori�tetch Instru�nonb as ^� dor�may ro9�m tbme to tlme to pc�irNt such pa�°�y'�rtd
<br /> - „);� compties witA a!! axistit�g ayPficabb taws.
<br /> .."_ .. �p!lp�� Wit�Lewa Trustor wartcnts Ihnt the Proporh►und Tnistote use of tho ProParty
<br /> _ ,...�....,*.,�5 ordinances,artd rogutouo�of governmontat authodN�. IR���9(t1u►,�sUng iMobtadn�6�re e part ot ttiis Q�ad of -_
<br /> �`::•�'!�'=i,'.
<br /> � el'7IISTING�NDEST�DtlEBS. Tf►e tolio�ving provislons conan�dnS e�tl�A `�
<br /> '., Trust. ' -
<br /> �� ° 1 Etckrllnq LtM. Tt�e iten of thts Oeed of Tnul sacudng tho inde�.�dness may bo soeondflry nnd tntoAOr to nn a�0stinp Ron. Te�'1nr au�� �-
<br /> tow�Ants and agreesovldortcing s Ch Indeb edness.o�r nny do a�Iu dtsr nny soCUrilYtdo�CUmen�t for auCh tndebtEdn�. �d�,�ny dcta t --
<br /> .�.i, undctr lRO 1f1�3trum8
<br /> ` Dofuuit. If tha pa�monl 01 anY tnsttsl�mont of pnnclpal or aay intora5t on tho E�dstlng Indcbtcdnoss ts not mad4s wNhin tho time required by lPw �
<br /> i nats evfdenctnd suoh Indebtodnosy.ar 5hou�d a detoult oceur uudor 1h� ��Mtrument�eeu�ing such Indubtednass and not be curod dwin9 nnY �•_-,
<br /> '�'?�;;��.Y:, . ::.
<br /> ,•••,�i.� , ; t�v011Ceble gr8ce perlod iherefi.then,el the option ot Lender,tho Indebtsdness socured by tAis Oced ot Trust MaFI bscomo tmmediatnty duo
<br /> � ��'�"�`'�� anrl Aayable,nnd lhls Oeed ot Tr�,!ahaA be�n defnult.
<br /> ,ti;,� , .. �i�;.
<br /> � r�'ti���+ y NO M01lttlCOtlfla. TtU910f BhBN not onle�IntO 8ny agtc3vm�n�wiln iho hotdur ot any mo��gago,doed ot tra�st,or ahnr ccCUrNy n roomont wh�ch _
<br /> ' , F has prloriry ovof����har roquost naR aCa'ti'�!�futuo ndvartcos und a�dauch�sucudtY nfira0�v'r��tho P�ot wt(t!on consan ot
<br /> i. ' , Londar. Tn�o
<br /> �•� l.�tndnr.
<br /> _ - CQ�,�1IE�111t1AT10N. Tho toitowlnp provt:'ans rcsiatln9 to condemnnNon Rroceoalfn�s�n��,,,i n Oda�z�sln P��oo�a by any p:�.'�od►n8 m :-.
<br /> - _-_�7 ADPglentton ot Net Proeecda_tr n�i a o�r Po'��'o iic�tlnn eoutro i a au or any podlon ot tfto�r�t D��s m mo n�vard'avi ce:�ia!!A
<br /> - -- _----- - •----°
<br /> __._�...�..e�.no�,t n!n�r�n1i9b19 � .
<br /> - pU�C�11SO 111 IWU Ot epnum�amw�..-a..,..- ••-. - - The no!prooQCds ot tno uwaro snei,moa.:u�a••�••.... �-••"-.•-- -
<br /> IndobtcsOrross cv�he repnlr or rttstoratfon ottho Proporn+.
<br /> _ , �� costs.a�onsc5,and altomoys'tefr3lrxurrod by Trusteo or Lendar In cont►aUon wnQ 1tW o n��o n�?�,�d T���pro���o UuCh
<br /> ' R�oocedlna3. If nnY P►oasad�np tn condemnatlon Is fil6d,Truslor shnll prompth 1�'Y
<br /> = stcps as mt�Y bo ncoes�snry the procood n9 u'nd to bo b A�Q��n Iha prtococd►ng byo unso1i of I�ts olrn ehdoo.a�nd Tr�ustot wflat d�li�or
<br /> 0
<br /> - •j` bo onGUod!o partkc►P Uon.
<br /> ` causo to bo detNoted fo�S�D CHAaG�Y tiOYF.FiNMFMAL AUTI{QR TIEfs.tTho toftowtrtq rovr,ions r�cl�t�tin9 ta govommeninl inzua.
<br /> i[NPOSITlON aF TAXE3,F�f'c
<br /> ° � toes nnd chc�rgas aro o R�ot thts Qaad at Tru�1;
<br /> Curtent Tazcs,Fees�d diuQea Upon raquost by londe��r�►������euCh dxumonb tn addit2on to thls Coe�o�Tn�t nnd tnko
<br /> - w0atovor othcr aCtton is roqu;lstod by lendcr to pertoet and Corttlnuo Land�s tlan oa the RC01 Pr�DEt9f►• Trusla sha��mb�°����a�
<br /> ° . toxos� us dcsalbcsd balow�u o6��s�p Qnd othsr chtvgos�lor arCing�rogistatn0 iht9 nc�od ogTncst� ol Tnut.tndud�r�without
<br /> - tlmltntton Nl taxa9,toos,d
<br /> �. Y�xca. Tho to7o�ving uhnll tonstttuto toxaQt�QI Trust� (b�a sPedtt�fax�on Tr�u����Sh��a� y��.��A tr d b daduCi tram
<br /> . pan o}Iho Indobtodno.,s sCCUrad by J � C
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