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<br /> __ - COVEMANTS �`.-
<br /> � 1, paym�m�. Borrower agrses to meke all paYmenta on tho socured debt when duo. Unless Borrower and Lender agroo othorvAsso,any ��-;
<br /> ox¢tuetve of lntere�set o princlpal,seco d to int reat,and thfln to princ(po'1.i�t pa c�l propo�rmom of the uocu od dobt ocaure for a V►oaeon,�Itdwi I —
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<br /> not reduco or oxcuso ony echeduiod paYment uMii tho eocured de6t to patd In tufl. :-�_..
<br /> � 2.detms Apatnat 7IUe.�annwae v�r1I1 pay�uU mxos,�if�e Ilen o�f this deod�of�uuae l.endeb may require Bo ow t toessdgn any rtgl►hto oclplmn ot �^�
<br /> to the propertY agaUyat a claima�thtC �N�� �
<br /> d o f on ooa which Bottpwo y have�88a�n�,D,ptuef,J�l�A upply labor or mamrista to improve ot malntaln the ptoperiy. _-__
<br /> . ��.•..• t�
<br /> 3.Insumneo. Bono�'J6P W i tt"I c e e p�t h 0'p ro p e r t y i n s u r o J u n d e r t e r m s c c c o p t o hto to Landcr at 8anov�or's expense a n d for L en dor's bono f k.A l l C�?'�_�
<br /> ' � �i Inaurance poltcles ehali include e stendard moyrtga8o ctause in favor of Le:nder.Lendor wlll ba named os Iose payes ot as t he insure d o n a n y s u c h ,__
<br /> ' �� S} or$to t he seciire d d b i I�Lond rie qcuefrossmortgaga insurance Bo 0 0�agroas to mair efn�such Insue enee for a�e Iong�as Lendere equteea`�pe� -
<br /> l� _
<br /> •���! 4.Propany.Borrower witl keep the prope►qr tn good condition and mako ail ropairs reesonably necessarY• -•��
<br /> -% f•'"�""'�" 6.Expenaes.Borcower u�reos 4a paY att 4ender's expensos.Inoiuding reasonab►e attamays'feea,if Borrower breaks any oovanpnta in this deed
<br /> 'z`1' � � of trust or(n any obOgation eecnrad by this deed of uust.�orrower wlit pay these amounta to leoder as provided in CovenaM 9 of this daed of �'�;'?:
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<br /> g,pr(ur Saeuritr trtensts.Untess 8onowor firat obtaina Lender's wrltten consent, Bor►ower wiil not make or permit any ehanges to any prior
<br /> � security IMerests. Bortower wtll pertorm aIi of 8orrowar's obligaUona under a�ry prlor mortgage, dead of trust or other eecurity aAreemerrt,
<br /> inct�cding Bonower's covenarna to maka payme�rta vrhen duo. __
<br /> � �,qs�� tnt ot p�ms r�nd Proflte.Bonower osafgns to Londer the ror►ts artd profits of the property.Unteas Borrower and Lender have agreod
<br /> othe se in wrlting,BOROWBI MOy COIl86t 8fld►otnin the reMa es long ae Bortower is not in defeuR.If Bortower defaults,Lender,Lender's
<br /> ` agent,or a couK eppoiMed��ceiver mey tep t0pe�e�atuding�couR coa�end ett rneya cfe�ea�commi�ot s io�roMai a�en�.�end en thor
<br /> - " eppited flrot to the coste of mnnepin� tne
<br /> neeoseery roleted expenses.The rema ning amount of rente will then apply to paymerris on tho seeured debt ea Orovlded In�ovenent 1.
<br />'�,' ��", i�liiah�ot�d.1���i dt�ad�oT�un lRS on i�M�=n i�eo�n�ominlum ot�i P4annid uNtmdeveloprt�e�b B novuer vuill perform a►of 60 ower s dutlei •
<br />� , undm th�aov�nt,nte,bydevy�.or reput�tloaa ot ths aondominium ot planMd unit dovatopment.
<br /> •� p,Auth�tty of 6�nd�►to Parfam tos dorroww.If 8orrower fall�to pa�form any of Bonower'e duties urtder thia daed of wat, Lender may
<br /> .;..s';: p�rtorm tla dutl�s or oeut�tMm to be pe�form�d. I.�ndar m�y�pn eonower'4 name or pay nn9 amourit{t neee�ury for performenco.It any
<br />� aocurt�tuy�iMara�la tRO proRanlla���may inetude aomplittng the consvuotlonmmmr,Lender m�y do wheteva Is necs»trY to p�oteet Lender'�
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<br /> �- Lend�r'�ttitun to partorm wtli not preciude Lende�tram ex�rafstng any of iu other►tphts under the taw o�this deed of vuet.
<br /> ' �'���.��' Any amounts petd by Lendot to proteat Lender'a eeeutitY irrterest will be secured by thia deed ot uuat Such amounta wlli be due a►demend
<br />_:"_� and w111 bear intereat nom th0 dMe ot 4he payment until patd in fuU et the inu+reat rata In oftaat on the secured deht.
<br /> �-�-- 10. O�fatAt and!►ee�l�tlon•�f Bomower faiis to make any paynsent when due or breaks any covanerts under thia dsed ot Uuat ar any
<br /> - t�,;�^� obtipetion Beaued by tAfa deed of truat or any pr[or mort�ape or daed of trus4 �-ender mey occeterate the maturih►of the sacured debt and
<br /> d e m a�i m m e d t e t e p a y m eM and ma y Fnvoke the powar of eek end any other�emediea petmitted bY eDP�jcabta Iaw.
<br /> _��.��'`"•� 11.R�qaa4 toT NoBc�of O�twit It is hereby requeated thet eoples of the notices ot�tefauit aro3 aaio bo eo��►ii s��s"°oss'�!SO�=:srtS'
<br /> �=�'�'r��� hereu,at the addreas of each cuch person,aa eet forth herein.
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<br /> t1.Fowu of S�i�.It the lendar tnwkes tho power of aats,the Trustee ehall ftrst racard an tho ofHce of the rogtacer of deeds of etch county
<br /> :,�� wharein the vust ProPen1►or eome pnrt ot parcet thereof fa sttuated a notice ot defauti�eomah}inp tRe i�ormatlon requlred by tew.The Trustoe
<br /> ---_-��.�c.�,� shai!atso mall eoptea of the notice of dafeuft to the Borrower,to each persort who is o O�N hereto,end m other parsona ae pras�tb�:�Y
<br /> �:;:4�,.;�_�� apPtEcabfe I�w. Not leas Yhan one mor►th after the Trustoe reeorda the not[ee of dof�h{�6e sha1191�ve pub lo n o�i.bpof�Ie to ihe De►sons
<br /> incorporated cltf►or villaIIe ansl is uaed In tatmfng oper�tEono earrtad on by the trustor,
<br />--- _�_-��a�� end in ths manner prascribadpy epppltcable taw.Trustee,wfthout domand on Borrower.ao+all sell the property at pubf►a auadon to tha higheat
<br /> �-�- btddar.If required by the.Farm Hemestead Protectfon Aat,Truatee sheti ofter Me propariv in two seperate sef�s aa requtrad bY epp�Cable taw.
<br />-��=d,-,- v_�� 7rustes mey poatAOns eato•ot etl or erry patcel of the propercy by publie announcemen4 at the time and placo of any prevtously scheduled aate.
<br />_�� «�3�� Lender or its designee m8V p�e�����at ony sele.
<br /> _`_`'"'=��' Upon reeetat of paymem pi the pflce btd,Tnratee shal�deiiver to the pureheser Trustae's deed convaying the property.The�edtiates coretalaCSl in
<br /> T�e'e deed sha11 ba pnma tacie evtdfenco ot the vuth ot the Btateme�ts�ontaFned theretn.Trustea sTiatt epply tha procaede ot Yha aalo In the
<br /> - topuwtng order: (a) to ap oxpenaes of tho eale, inatudfng, but not Itmhed to, reasanabto Trustea's fees, reosonebte ettorrteya 4eas and
<br /> ---- reinstetement taes:(b)to alt sums secured by this doed ot truat.and(a)the baience,if am►.w the persons legalty erttlUad to reasivo k.
<br /> t8,Fondown.At LendePs opt2on,this deed of truat may be foreclosed in tAa manner pwvide by epp�tcabte taw for torectoaure af rrtort8eges •
<br />——- on reai property •
<br /> -__-.r, <;i� 14. Lender may aMer tho pmpertU to inepeat k N Lender givea Barower notice beforaQiand.7he rtottco muat state the reasonable
<br /> __..___ cause r Lendefs Inspeotl4n•
<br /> � - - 16.�g�n,gorravuar aasigns to Lender the proceoda of ar►y award or elaim for damag es conneeted�vith a eondemnatlon o►ather taWng
<br /> _ -- � security eprea�mert�e PropeRy.Suei�M��Wi"be applled as provided in Covanam 1.7hts assEgnmeM la BubJeat to tho terma of arry prlor
<br /> - -_-- - 16.Waiwr.By exercisin8 eny remedV avallabie to Lender,Lender doas nat gtve up any rlghta to teter use an�I other remedy.By rat axerctainp �
<br />- any romedy upon BonowePe defnuit,Lendor does not weive eny dght to Iater aonsMer tho eveirt e defautt H it happena again.
<br /> �-�-T�=-_- 1T.�i3it�iid 8��.k`�% CO�EI�: Sueduors �Itd ANIDns Bautfd.All putl8s urtder ii�ui udnu vf�W-L a+�..�IIlsit�!!t? es�rotal Any �
<br /> --- -- BO(f6W6I Mfi0 CO-EiQ11S S�1i9 eed of tru�tt but doa�rtot caslgn Gw unde�iy�r� dabt fr�tru�e�stts! �s so onEy te grom enA ior+vey that
<br /> -- - Bonower's iMerest in the prapertY m tho Tnrstee under the terma of thta deed o vua4.In additton such e Bomower oyroee that the Lende►end _
<br /> any other Borrower under Yhla deed of trust maY oxtend•mod�qy or mako any othet�ehanges tn t�e terma of thie deed of truat ot the aecured
<br /> -- = debt wiN+out that Bartower'a conse^t and wttl►out�eteasing that Bortowar ftam tho terrau o?thts deed of trust.
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