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<br /> 1, Psytiten48. BonolNO► agrooa to motco atl pnymente on the soeurod dobt whon duo. Untoon 8orrowor and Londor agreo otherwiao, any
<br />• �� poyments Lundor rocoivoa fram Borrowauor fw Borrowor'u banotit wlii bo appIlod flrst to any omounte Borrower owes on the seoured dobt
<br /> . oxctuehro o}intorest or prinolpnl,second to tntereat,and thon to principai.it portiai prepeyment ot tho aeoured debt oocura tor any reoeon,it wllt
<br /> not roduco or oxeuoo ony oohadulud paymant unUl tho oocutod dobt is paid in fu1t.
<br /> Z.Ci��ns Agaimt TIUe.8orrower wlp pay e�t taxos,aeoeasmente,and othsr ahargea attributeble to the property when due and wiil defond tltia `p
<br /> • to tha prope eg elnat any ctaims whlah woutd Impeir tho Ilen of this daed of truat.Londer may roqulru Borrower to aselgn any rights,ciaims or -
<br /> dofoneoo whi�9onov�or moy havo apainrt partlos who ouppib ICbor or mntoria►a to Improvo or maintuin tho propeny. r
<br /> 3.Insuranea. Barrower wlll keep the p�aparty Insured under terms accapta6le to Lendar at Borcowor's oxpense and Yor lender's benefit.All --
<br /> • Inauranoe poliofea nhall inoludo u standerdmortgege oiause in favor of Lertdur.Lende�wiil be named ao toas payee or ae the Ineured on any auoh
<br /> inaurance potfoy.Any irwuranco proceeds may be eppiled,w(thin LendeYs dlscreUon,to either the restoraUon or repair of the damaged property "'
<br /> or to the aecurod debt.H Lender requiroo mortgapo insurance,8orrower egrees to meintaln euch Insuranae tor as iong au Lender requlrea. �-
<br /> ��� 4.P►opsr4y.Boaower wlll keep the properry In good condition and make uil repairs reasonabty rtocessary. a..
<br /> '-�^""�� 8.Faspor►s�s.Borrowor agrees to pn1�aU lender's expenses inoluding qasonabte attorneya'foes,if Borrower breaks arry aoven nte in this deed �:`:
<br /> . of uust ar[n any obllgaUon secured by tNs deed of truat. �orcower w�!1 pay these amourrte to Lender es prov(dad in Covenent�ot this deed of
<br /> trust. �• :
<br /> : �•
<br /> 8.Pelor�acueJty tntsrostn.Untess Borrower f[rst obtains Lender's written consent, Borrower will not make or permit eny chenges to any prlor
<br /> : securiry intsrests.Borrower will pe►farm atl at Borrowe�'s obligetions under any prior mortgage, deed ot auet or other aocurity aereement,
<br /> � . including Bonower's¢ovenarns to make peymente when due.
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<br /> • 7.AstlCntrmiK of ReMs and Proftte.Booro�ver assipns 4o Lender the rents and proflts ot the property.Unless Borrower and Lender have agreed �.-
<br />, • i � othanvlae in wrtting,Borrower may co9lect t�nd�o4oin tAe rente as long es Bonower is not in defauit. it Borrawer defaulte, Lendar,LendePS `
<br /> � �• �T� agent,or�court appoiMed recetver may tako posseasion and manape the property and colieot the rente.Any reMS Lender collocts ahali be
<br />_-, .; applied first to the eosts of managing 4he propeny, inetuding eourt costs and atcomeys'feea,eommiaalons to renta�a ente, and any oiher
<br /> „ _ necesaary ralated expensea.The remetninp amount of rertta will then appty to pnyments on the stecurod debt as ptovided in�ovorwnt t. �-
<br /> � 8.Leushotds•Condeminiuma;PIe�M Uidt Devetopmenta.Borrawer agreea to comply with the provisione of any lease It this deed of trust ie on
<br />, -.. . a Ieasehold.t�this dead of truat Is on a unit in a condominlum or a planned unk devetopment,Borrower wlll pertorm all ot 9orrower's dutlea
<br /> .. undsr tha coveneMa,by-lauvs,ar roguiations of ths condominium or pianned unic developmaM.
<br /> �_�;,. 8.Authari4y ot L�ndn W P�rfortn tor 6aroraa. If Borrov�er taila to�perfonr►any of Bonowor's duUes under thia dead of trust, tender mey
<br /> � perform the dudes or cause tham to b�performed.Lender may atgn Bor►owePe name or pay any amount if neceaeary for performance. tf any —
<br /> �� constructton an the Droparty ie diocoMl�nued or not ca►rtod on in e reasoneble manner,Lender may do whetever le nsceasary to prote¢t Londer's
<br />_ ,• ,.�, socu�iry iMerest in the property.Thia mayinctude completing the consuuotfon.
<br /> :v.;,1,. � ` LendePS failure to periorm will not prealude Lender from exerctaing any af ite other rights under the taw or thts deed of wst.
<br /> .�~�.��'�
<br />- Anv amouMS patd by Lender to pratecY lendere security iMereat wlll be secured by this deed of trust.Such amounts wili be due on demand
<br /> - entl wlll bear intetest hom the date ot the payment until paid In fuli at the irrcerest rece fn effect on the secured debt.
<br /> ��:''� 10. O�fwR�nd IAccet�rarian. If Borrower faite to make any peymeM when due or breake eny covenertts under this deed of trust or eny —
<br /> obUgadon seoured by thts deed of trust or any prior mortgage ar deed of trust.Lender ma�y a�cce�erate the ma4urity of the eecured debt and
<br /> - -��-_��- ds�nsrA�tnrr�sd3aLS Fa;msni ss�rsss;ics:ro�.�lt�s poWsr of sals aru!an7 otl�er rsisrdl�Dass:�!lfad 4�i EDA�lcsb�l�:r.
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<br /> :•-�r�� . 11. ReQuen for Nottc�of D�twiL k is hereby requested that wpiea of the noticea af defeuR and seie be ser►t to each person who is a perty
<br />_`Y-;�; ' heroto,at the addresa of eeoh such persan,as eet forth hereln.
<br /> t� 12. power of Sab.It the Lender imrokas the power of sate,the Trustee shali flret record tn the oHica of the register of deeds of each couMy
<br /> =J-�`��!': • ' wheraln the Vuat property ot eome pars a parcei thereof is situated a notice of defauh coMaintng the i�ormedon requtred Dy la►v.The Truatee
<br /> °_-�'�'- � � ehail etso maii coplos of the noUce of default to the 8onower,to eacn person who ie a pany he�eto,and to ather persona as p7ascribed by
<br /> -"`:"`-�`.�� appticebte taw.Not tesa than one month after the Truatee records the oottce of defauk or two moMt►s{f the truet property is not In any
<br /> �- - inoornorated eity or Wltage and is used in farming operations aertled on by the truator,!he frustee sheil give publto notfce of eale to the persons
<br /> ":rr�'S�'.�_r`;� ' nnd in the manner prescribod by epppiicablo Iaw.Tnistee,wkhout demand on 8orrower,ahati sell the property at public aucttort to the fitghest
<br /> ,,_�,,,.,., DEdder.it reQufred by the Farm Homestziad P►oteatlon Aot.Tnistee shetl otter the properttl in two separate eaiea ae roquired by eppiloeble law.
<br />_ - __ - f� Trustee mey postpono sele ot ell or an�pareef of tha property by pubite announcement af the time and ptace of eny previously scheduied sele. _
<br />-.-...- �,':�:,;;�, Lender or its deslgnes mey purchase th�propetty at any eaie. -
<br /> v Y'�=��� � Upon rocoi t of pa eM of the priCe b[d,Yrustee shell detiver u the
<br /> __.�_;�:���- p Ym purchaser Trustee's deed conveying the proparty.The reattieis corrtainod in
<br /> -- Tnrstoe's deed shalt ba pdma facie evidtencci of the VuM of the stetements coMafned the�etn.Trostee shall epply tAe proeeeda of the saie in the
<br /> ---°`i?�� following order: fe) to ali expenses of ihe sale. inoludSng, 6ut not limkad to, reasonabie Tnistee's feea, reasonabte ettomey's faes end
<br /> retnstetement feea;lbi to nil suma saar�ed by this deed ot trust,and tal tiie batance,it any,to the p�so�tegai�y errtitled to recoive k.
<br /> �'"'°� . 19.Fortdosur�.At Lende►'s optlon,this deed of truat may bo toroclosed!n the ma�ner provide by apptiaable Iaw fcv foreclosure of mortgapos
<br /> ----� on roal propsrty.
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<br /> ��-_-_- , 14. Imp�atton.Lender may enter the�raperty to inspeat it if Lender gives Bottower notice beforehand.The nqtice must state the reasonabie
<br />— -- -= cause ror lender's tnspeatton.
<br /> ___: --Y •l 16.�d�mnffion.8onowar eseFg�ns to lender the proeeeds of any eward or ctaim for dame�gea conneated whh a condemnation or other takinp
<br /> - � of att a eny part of the property.such proceeda w111 be apptied as provided in CovensM 1.7Rls aseignment ta eubJect to the terms of eny pdor
<br /> =-�'� ' seetu(ry agreement. �
<br /> =��GS�
<br /> = -_----- 18.WQver.By exercisEng any rom�y eveilable to Lender,Lendar doea not glve up�any�ighte to tater usa a other remedy.By not exereistng
<br /> _.=-',.mw,;.,�.. any:amedy u�u IIwwv:cYS doi.:+:lL L:r.d:r daes not wntvo cern;rfgfrt te!*!t^_r een�M�r the e�mnt e d�fe�dt t/k�i�.,nrnnn n�atn
<br /> ��` 17. Jdrt and Swsrtl Uabi!�Coaianur, S¢caassora and Awip�u Bcund. AII dudes under this deed of trust are joi� and oeveral. Any �
<br /> °*?��.�' BoROwer wfio co-signs this deed of trwt but does not eo-sign the under1�in0 debt InatrumeMts) doos so anly to grant and eonvey that
<br /> -�-��.:�' Borrower'o interest in the property to the Trustee under the terma of thie deeQ oi qust.in additton,such a Bonower agrees that the Lender and
<br /> -W� '.t a�r othe�8orrower umler thls dead of trust may eMend, modifir o►make any other chane.ea in tho terms of 4hts deed of truot or the seaured
<br /> .�::_�. �
<br /> debt wtthout thet Bonower'a conaeM end wftfiout releastng that�orrower from the terme o4 thts dead ot truet.
<br /> -"�:y�"�� ; The duttea and beneNta of thta deed of�nwt she0 bind and bertefit the euccessore and aestgns of lendet and Borrower.
<br /> _=--`°�=."���°-'��.� 18.Nottw.Untess othetwise required by lew,any noUcs to Bortower shail be given by deiivedng k or py maUtng it hy cerdfied mail addressed to
<br />-°.";�x��;��' Boaower et the property eddreas or any other eddroes that Botrower has given to Lender.Borcower wiii give afir notice to Londar by cerUflad
<br /> `y;-_�ti„r�� meil to Lender'e addreae on page t of thK deed of truat,or to any oUrer adAress vfitch Lertder hes designated.Any othe�noUoe to lender shatl
<br /> —,-..,.,.,; - be oem to Lender'e addreee es steted on pege 1 of thte deed of tuet.
<br /> i;�.!`��`"'" � � Ami notico aho►1 bo doemod to have bnompiven to BoROwor or Lortdor whon givon In tho mannor at�ted abow.
<br />__=-,�_?�„�`;,`r�,. -
<br /> -' � '°' -�:, 18.Ynt�sfa of th�Fropert�r or a Bx�flobl imasst!r�des Bmrowor.lt aQ or eny part Of tho pmperty or any intereat in It ia sotd or banstened —
<br /> "'?`-���=�.:>r� ; wftttout L6nder's prbr written consent,Isnder may demend Immedtate payment of the secured debt. Lende►may aiso demand Immediata
<br /> - , paymeirt!N the 9orrowar fs not a nehsrai poreom m�9 a boneficial tnterest in tRs�onower is sold or Vensfarrad. However. Landar may no4
<br /> • , demand payment in the aBovo aituatbos M k is proPdD�Yad by federal taw as ot the 6ana o4 this deed ot trust.
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<br /> � 20. F�econyryance.YYhen the obliQatlmm�ecured by thia deed of trust has been pafd and lender has no turther obtlgation to make advances —
<br /> �s,,.- under the inatrumeMa or agreemeMe seeured by this deed of aust,tha Truatee ehaif upon writton request bv the Lender,�econvev the truat
<br /> -'4 properry. tne�enaer enatt aetrvor m me iorrower,or to Barowere suaceasor in tntereat,tno trust deed and t�e note or other evtdance ot the -
<br /> �`°"��� obltgatlon so eaUsited.Borrowor ahnl payany mcordat[on wsto. _
<br /> _:.f.,:� •
<br /> ' .� � ' 21. Succeuar Tastes. Lender, et lendar's ootton, maY remove Trostes and appoint a successor truatee by fEret, mailing a copy of ffie �
<br /> substilution of Vuatea as requtred by app9ceb�e law,and then,bY fiting the eubatituUon ot truatee tor record in the office of the regiater of daeds --
<br /> � • of each eounty in whieh tRe truat propeny, or some part thereot,is sftuated.The suecessor uustee,without eorneyance of the property,shall -
<br /> _ � sue¢e¢d to all tho powor,duttes,authority and tlde of tho TNatoo namsd In the doed ot truat and of any succeseor truateo. .
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