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<br /> � , . . � . DEED OF TRUBT �w•
<br /> �, � � � (Co�tl+w�d) ==--
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<br /> , . .. whMhr N�IW b!A�N�s�AOlO Pn+nw�.fM MnMab wtaM�or�nfr subWsN�o�d�s1�M.wYl m�rp�wllhout L�idelti���MMr►oon�M+�rWw -
<br /> ' Inw�1rIM wN rom�n wpa�M�u+d drMal.�wn M th�r�w�wron W Ih��Wtw 1n th�yn�ard.fir�Mar� a�tlwd p�M�W�ah�w a
<br /> ° , Whwwia�oqWrw th��M�. Qn�MOr hru��prws Ityl N Gr�ntor�qWns q a� Patbn W Iry 1M 4mp1�MM��a�np Whw MasNida a !�*+'�''- —
<br /> � :, wbIMNllpld 111�b f1M Prap�rb�th�l liw vl�.N I.Mid�s o0��InutM1Y�M�Y f�oa1M wbj�d b th�I�ms ol tIW DMd 01 TNH.u�d GhiMOr ml —
<br /> �� �aeuN�diivM�nd r�oord�1 doeum�nit n�aawY a�PO��M b aswr�th�t tueA UII�1�ueund by IAY DMO�il Tn�sl. _,--_-_
<br /> .. �. RENAOIt.ITATION LOAN AGR�IIMENT. (iranta stW IuMfr�ll ot lir�ntor'�oblplMaa undM�ny Iwnw rNybrtallon.�mprwrn�M,hOn►.a ot1� �..�-`�_-`---- ----
<br /> . lo�n�pr�M wMeh danla rtny�nMr Uito wMh L�. L�nda.�t L�nd�rti cPYOn,m�y n4Wn Qranta lo�xiauM�nd dWwr to L�Mr.M�larm =-_____-
<br /> ' ' � �oorpqb4 b La►dw.�n�saqnnw►1 W�mr Aphb.Wtms a dq�n wIMCA(innta m�y f�w ap�kat Wrt�a wno wPWf��►�maMriw or Mru�o� �`" - -
<br />� � �' in aau�.�YOn with improrwfNnls m�d�lo Mw Prap�Ay. •�^;�'��:�
<br /> 7. 01�ON iAL6-ca+s�+r sr�p. 4M1dM m�Y.lll ils optlOn,AW�iM i1ph1 to�ooWr�M.iha11�.d�n wnnNd�lMr dur�nd p��b4 M .:�'r.':;�:'��
<br /> fums NCUr�d bY Ihb OMG ol Tn�tt upon tM w1�or trllnsNr�wqhoul tM L�nd�fs P�w�itqn eon�nt�ol aN a�ny put af Ih�R�N P►aPMry.a�nY . . • `�"`�'"''7' ��
<br /> � � ' 1nIKNt In th�RMI N[innta iMs a kurKNn thr RMI Prap�rty withoul tn�w�IMn cons�nl of 4�ndK.th�n,pna b�ooM��MOn 6M�OIr s1W •
<br /> P►��• k . •r.:in��;.. ,
<br /> plw notio�lo Cir�nlot. The notlor tha0 provld��panod ol not I�ss IA�n hn(10)daya hom ih�O�M W Ihs nol�wfiMn wMeh f3r��qo►nyyp�y th� �
<br /> •ums d�oturd du�. 11(ir�nla hN�to p�Y Ihos��um�pna to tlw ucpra�on ot such pwlod.4amMr m�Y.wMtwulluAhw notlo�a dmrnd on finma,
<br /> �nvOk�111ry nnNdl�pormlttid In Ihis DMO ot Trusl. A"�IIN or translOr mMns Ih�aonwri�a P�W�►'oO�M�M a�ny nphL UM�or inMrYSt Ih�rMn;
<br /> • W►Nthu IpN or�4w1ab4:wh�tha vdunluY or aev�unl�rY:w1�IMr by ouMpM s�y.d�W��stNY+wn1 aW�eont�cl.tand oonbllet,conhNalla dMd,
<br /> M�i�U01d�MM�S1 wi��Mnn pni�llt fhu+Mr�i f3)�IMrs.M�f�GPbon COnb�Cl�or by sW�wq�r,rr�e.a a�sw a r+v b«�.�w inrnsi M«a•ro
<br /> Mnd kubl Aoldinp tiM�b Ih�RNt RoGM�f.ar QY�nY 011w/nMlhod ol cOnwy�n0�al RM)P�op�rly ie�qst. ►W�rr+M.YMC aPqon IIqN 1101 b��xNC1Wd � • i �.,..,.,��t,.p
<br /> by L;Midr il sueh�rs prolW�Md Dy I�Oad Iow p by NWrask�4w. �� • � .i(�,�
<br /> �. TfiAMSFEA OF lAO�Ei�fY. Th�totowirq Oro�tbns�WMnp lo Ih�k�nWM ol lh�RMI ProparM I�r*4�d tlrs OMd W Trutf: � �t�°-!-u.
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<br /> ' � lfotla W T��eMUt. 6rantoP s0aa qrv�nobco tc lersder.es Provtded In IAis Dwd ol T�usl.Q^p la�ny sW a hvahr M�M a paA o11h�Prppvrry 1. ' . . : _
<br /> • , . Or�ny ripMs i�r 16'�6iw1 PropiMy. My pwton to whom aN or paA d fha RW RropYAY�s soW a Imroh�nd��so sIW b�obYqbd b pnw notr� ' .
<br /> • to l�ncMr,�s�•ra��+awd m this(DeeO o1 Trotl,Promptly�Mr wcA 1r�rsNr. '�
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<br /> � L1�vM�is wQ7� T�ansfN. N'.1 amounts�dvar�catl und�r tlw LOANIINER�F1om�Epudy Plan Crtdd AprNm�M,up b 1M Cndd lnd.uo ,
<br /> se�urW by I1vs T)eYd ol Tnal, whelhN Ydvancad bdOra or aBer sala or traesla►o�tlw Rw71 Propwty.axeapt a�y amaw�Rs when rtrr bo
<br /> - 1141v11n�t1 bY landor mOti Oun Ilv�(6)dllys�ftM notlo�to L�ndor,lls provid�d ui 11us OMtf d Tnnt,Ihit suCh franslM o►sW 1w ooclMr�d. '
<br /> ' Eren H CirAntcr Uarofers Ih�Rql Ropwry f3r�ntp wNl conbnue lo ba obMpl�ted under Ihe CreWl Apreamanl��d Ihb Dsed al Tnnl uN�ss L�ndor
<br /> ,� rNNI�i Granlor m wtitirp. As 11 COndiYOn lo L�ndM's eons�M lo�nY propos�d dansler a aa a conGUon lo tM rpte�s�d Granbr,I.�ndK m�Y ,
<br /> ' aqu�re thd t1�pa�on lo whom fIN R�4 Prop�rty�s V�nshrtad a►pn an a�sumpnon�pr�ment s�ushclary to��endw�nd L�ndK nyY IrtwoW an
<br /> wu�hptlon IY�. TIM�umpCOn�prMm�nl wIN not�ndtM Ih�p�son slpMnp il fo rocwva�dv�nas undw IM Cradil Ap►�M.
<br /> ..,'- f. TAIf�AND LIENB. 71N tollowmg provislons rWhnp to ttw taxai a�d Iwm on Iha Property ara a Can ol llxs Oead cl T�ust.
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<br /> ,. .•.` j'. �;;. . PaynNnt. C3nMa�G pay when du0(�nd In�Y�wnb pna to deunquanoy)�II lues,spoe�a�laRas,Assessm�enb,elrrqa�;nNUdlnp wa4r and
<br /> . ,..,,. nwal.M�N and Nnpo1111oiq IivMd lpYnst Or on�oCOUnI ot th�PropNty and sh�N pay when tlue al1 CNims'I,wak don�on a lor Wrvias r
<br /> • hndK�d p m�fMW fu►nisfrd(o tA�PropMty, (ir�ntor shall maintaln tta ProCe*"�h�e of ell Ilens h9�mq pnCnry over a pual to fh�Inlar�at ot =
<br /> , .`; �c ';;�`: � • L�ndM uedK tAi�ONO of Tru�L exo�Pt la Ih�INn W I�x�s�na assasm�nts not aue�extep�(a ine exisnnq fnde��edrn�niwnd b i�iow��nd � - __
<br /> �., ., �;,� ,'j;� exapt a oth�wfs�proNdW m lfi�s DMd W Trust. ! , —
<br /> '� �.��e,l ��' ;� . _
<br /> � i • '•i <<�, , Alph)TO Cont�q. Oranta may wilhhal0 pl�ymoM al any lox.aasQSSmant,Or CkUm m COnneCl�On wdh Y q00d fYith diSplAa o�eP 1te8 C�Up�UOrf�0 -
<br /> pay,ap lorp�s l�nd�r's Int6rest In the Wcperry s nol rop�rdi�oad. 11 a hen ansos cr�s f�led as a resuM of nanpaymant,Cxadd s�wilhfn BMoen -
<br /> . (75)d�yi Nf�r Ihe Ym�rl�a,ii a�n Is fllsd.withfn fiMaan(15)aays a8er Cu-antor hpa nohce of t1a hqny,secura tlw daeAarpa G Ih�IMn,Cr d , i
<br /> requoitod by Lender,dopoilt wilA Lender casn a a sul6cwnt corpaNe surety oontl a olher sxunry saasfaclory lo�ondar�n an�mount suM�em � •
<br /> to Wscharq�Ihe i�en plua a�+y eoals�na aHaneys'laos a otnw c►wrpas�na�couio accrue as a resWi ot a breciosuro a�e ur�dw�ha►wn. m �'��'�'•
<br /> , . � ony conlat.Oranla fha0 dolend Itsdf and I.oneer�ne aAall sat�sN any�dverae lutlqmeM belcve eMacomont appmsl lh�Wop�rry. finnta s�r�i
<br /> ; , nom�L�nd�r�s�n�dWdorwf ob{ige�un0ar any aur�ty bond furr�slwd m ttw conteat proceedinqs.
<br /> � BrNNnCt of P1rynNnt. Grantor shaN upon domand lurnish lo Lendar sat�stactory ewaenc:e ol peymont a1 tM t�xas or asc�artwnta�nd shH .f
<br /> � �uthorl�th��pprapryt�qovwnrn�nt�l oMk�l to dWw►to Landar at any Urtw a wnnon slaiement ol tM taxos ona�ss�smmb ap��ntt ttr , ;
<br /> � prppKty,
<br /> No1M�of Consiructlon. (3nntor sh�ll notily LerWer N 19ast hMeen(15)days belore any work is commenCecl.any aawe�s�n hrnikh�d,a anv
<br /> nwMrl�h�ro suppNW to IM PropNty. tl�ny m�chanic'f INn.mabrulmen's Iwn,or oltwr Iwn could W�ssaAatl on aOCOUnt of th�work,suv�ces. '
<br /> a nyt�lf�nd IIM Cal�xCMOs i10.000.00. Cx�nta wlll upon roquaal of LanOM Iwn�sh lo Londar�dvanco asfunnoM f�Ibt�cSay to L9nGa
<br /> tll�t C�n10r Gn�nd MIIN pYy 1T�6 cOS)Gt b11Ch ImpfoWmYnpi.
<br /> 10. PAOPERTY INSURANCE The foliowr�p Drov�sbns rq�tmp to�munrq the Property ara a paA o�Ihr�Deed ol Trust.
<br /> I�aInIMM�te 011�1sYIMies. Grantor 81w�1 Rrocure and mamtain pd�c�es of hre irn.turance wdh standord axWndod cownp��ndorsMt�ti on a
<br /> � raplic�me�t bes�s fp Iho IWI InSUrpbIY va�ue Covennp aN Improvarmnts an thY qeal Property in an ampunl suMfcWnl lo�vofd�pplfc�Uon ol any
<br /> � caroua�+ee cwuse,�nd wHh a alenda�tl mcr�page[+Clausa in lava ot Lander.toqelher wdh 6uCh olher harard�nd Y�bWty In�ur�r10��s Lonttar
<br /> mpy rPa9o�bly rpulra. If Ihe Real Propwty Is IocatYd�n an aroa dasip�alQd bY the Duecla W ttw Faderal EmYrpanCy M�n�p�mMt Ap�ney as� �
<br /> , �,``, �� , SpeClal IloOd hwrd�rW.Grenlor epr�to Ob�ain Fadiral Flood Insurance�o tlw exleM Euch insuren�w K roqu�rod�nd�s awNabN. PoYt�s ' •
<br /> � ,•�•.. shtY b�wrftNn �n lorm,amounls,CovM�qs and b�sis reYSOnYbly YCGOptaDa 10 LYMer&nd Ks�wd by�Compeny or COmp�n�s t�aion�bry
<br /> , . • �,�'`��;, aeap4b�to Lond�r. l3r�Np.upon raquaet ol LenWr.wdl OWww to lander hom lime to Ume 11N Pd�cNS a c�rfillcalw d I�unno�m lam .
<br /> . NdShC10ry 10 L�nd�t.indud�np siwwoons�t►ii cowapas w�not oa cancauad a amm�s►wd w�inow at wau t�n l�o�wys'Pn0►wtfll�n no4C�IO ,
<br /> . I.sMYr.
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<br /> � �,i�• . .,;..� App1lCNbn Of P�OClWs. Granlpr sh�p promptry notiy Lender of �ny loss a tlamape to the Proppry If th��sbrtylW toit W r�pur or
<br /> , :r;. . . npyc�rtwni a�ds l�0.0(�C.'00. L�ndM may mAka pra0f ol loss d Ciranta I�ils to do So wd�in Rflgen(1S)daYs of Ilw catwlly. If,m I.�nd�:
<br /> ' dudprtNnt, IM rettoratlon Cr ra0ur IS�COnpmfCdly fs�SIb1Y end Lendar's IeCUrdy �s not IBSSYned. �naur�n0�prOCMdf�Y b�app�W to
<br /> � ;;, tYS10t�d0�0►rep�W o11hP qamapYd Properry. If thY rastorolion a repair is nol econom�colly Iet�s�bW w LendYr's fYCUrify wOWd bY IIiiY�wd,t�w
<br /> • f . , . �v ���,M� be appr�d to Ih�sums sacur�d by IhK Daad ol Ti�,st whelher a nol Ihen dw.wdh any�xa�s pW to f3aMa. II
<br /> ' aporly.a da�b nol�nswar willxn thuty(30)tlays a roticB lrom lenOYr that Ihe�nwr�nC�C�rtiM he3 olNt�d to fNdY�
<br /> ''.� qalm,thM L�nWr m��C�Ilact tt�Insur�nC�procaetls. Lander may use the p�oceetfs to repa�r or rtlslpe Ihe Propwty or lo paY furn�MCUnd by
<br /> , � lhif DMd of Tn�st.wMI1Nr t�no�1Mn tlu�. II LantJM hol0s�ny prpppptlt anor qiy�nt�n IWI ot 11q IndpbtWrqss.such proeoomS i1W p�pai0
<br /> , � � to Gr�Ma as Grynlor's ml�asls m�y aDP��•
<br /> �; Unexpn0 Inwr�M T,�e. A�y une�red�nsurence sr�u inu�91C��@ benefit C�. 9�C C855 IC.��e DurCh�SW 0�IhR a0p�rry COVM�d by thrS
<br /> ppYd pf Trusf N�ny truslpe's y�sp pr othir saq held unOa the C�ev+sorts 01 1"�s DeeC 01'•us�.e.u�sny io�ee�cs.,•e say oi sue�prapaty.
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