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<br /> __^� _� ....— -,_- — - ' . . ......__ .------. _ - - - -. - _ -- - - — - --- -
<br /> ._._ .�- � -== -� -- . . ... .' . . _. .'- . . __ . . . . ..--. - ._--._---- -. � ... _ . . .. ---
<br /> ���u _ .s S:�wei i�wea�ea`iiortow�ec.ahal�Reep�tat imp�ovs�neats����6 ar tretead0et eeec4ed oa tlse . � . .
<br /> `-'� �aiast ioca b�c-Sz�e.aarac�s iocinde���besm ez�eded omree�c x ao���od�a 6�aat�a�l,er�der m��i�sd irR.
<br /> s�amowa��8 ibr��iod��s taes¢ec v�Y�N��'1°^'id0i�-t�barder a1W1'aot cequinC tAaR dic arnourM of suc1M ca►et�e
<br /> ' �exc�eed titt amo�ot Uf cavera�e reqaited e�P�y tbe sums aa�u+ed l�r t�is Deod af 1inst. -
<br /> - � .� ��7'Aa S�t�uce cactitr p�v�►icf�the iaauran�e sAatt 6e cbo�en t�&xrowersul�joct to ippiova@ bSc.l�eMer+P�i�od-d�� - �
<br /> �pge�aVal sln11 rot be pn[e,a�iy w�tdrcid. All pcemiums an iosucaa�r pdicia shat!6e paed�t�Geedes s eptioQ in 1fK aialr�e�
<br /> �povided under p�2 heeeof ar by 8a�mvJec m�in8 P�Y�w5m d�uet diroctty.w tbe�n�r�naa ca�sie�:
<br /> _._. AR insiu�uK�e Pnticirs and�ne�v�ts tl�ereaB shat�Ae in f��ceepaMe to Irender`aad shail it�ciadc a staod�e�d mo��
<br /> � ciause�iva o��t ia iam ao�p�it m is�cr•L�der�at#fmre tBe-sigl��-to-Aoic�t6e Pabcics��sd s�e��.at�Q - -
<br /> j rL R.,.�.��,�t��enct.fi»nicat�t.enaer al!_ceae�nati�.atxi_au r�eeipts��id premiums.in the eveat af[oss.Bacarrer s�!! _
<br /> � g�ve pmmpt�ru e to t�inymo�Y c�t�ier aed i.eodt�aad Len�ec nqay itw�ptoof vt'iv3sif�at nszde�y bg��e�- - �'____ �� - _
<br /> - - � Unkss Lender aad BatoaYC�xherwiufea�aod �����f�nc.'ill+a d�rmin�tio�a d a� _ _
<br /> � ������� -�� "8a1 rmwes sbaQ ipve d�e n t to
<br /> `. � i g e c t m i n o r�t o t h e�m p e�t y w i t b t 6 e i n w r e r 3 a p p��w a t a n d r o o e i��e p a y m e n t , �`�=�
<br />.�_ s.:. fe�'biliry ar of a tap!toss shaA be►aad�at Leader's sok discr�eaoe.[f such reQair�s nnt econa�ni�safly frasibtc.a J thae i�a total �-�_=-__..m.
<br /> loss,�tbe ituurauce ptacads sb�il6e ap�piied ro tBe suas secuaed by tbis[aeed uf'�uu.widYdK exces�.i�-any,pid�o BoROwre�If __ -
<br /> ,:..i, t�propertg is a6npd000d Dy&xmwa a��Bamwcr faits ta nspond w t.eader withia 3b days after noace 6 Issde�to 8or�owee� =���
<br /> � thC in�aeCt� .-
<br /> ihat tbe ins�uance eu�ier�fas to sedle a claim for iawranee beneftts. Lcnda-is authorizod w colta�t apQly -_,--�-
<br /> � � .•Qcoceeds at[�ender s vpt;o�s aiber.w�epair of ede AraP�Y oc oo fie sums secu�ea b�tbis�d of't�u: _ -_
<br /> o � �
<br /> , - -- • - -Unkfs�+ende�`ai�Haamwer�rwise a�e in.wiitnrg,aa�appliratiot�vf i�wr�nae prncee4� Onncipa� °f . _ � _
<br /> ta sha11 not�nd
<br /> � po�stpone the dtie date af�iie mcxithiy insqllments refe�l.td itr:�q�hs i and�(�of�r change tLe am4wM:af such ias�limencs. �s�'�_
<br /> Zf undetparagtapi�ib haeaf or athetwise the Pmp�i�i:g acqu9i�hy�alI.t�git[.�if:teaad.intet+est af H+onmwer in and t4 f ,��°'�•�'°°�
<br /> . aay»-�r����a to��ee�m���ar�from da�age oa-ti��tY��tQ tlte sale or acquisitiou shall ��6`�'
<br /> 4� ��! ��•�g�s to Lc�der to tbe e�teait ot tbe s�uns secuted�by dtLs�Qe�€ 'Ihrst itmnadfiatetg prior tn s�la.at� sitiotr. • ,
<br /> � �= °.� 6. le+qa�a�a�a4 M:ieleaw�e d lreapeitx:i.aeeld'�r C��i�+�eL' nl ,Bntrower -_ _
<br /> ,:�• � '�uE ti�e PtnQeitq•aad sball
<br /> , '«:'•`{,�i���� !� .�������.H�t�Ie.zseiioCct�.�ftE��c+p�g�.$cantod aad comreye�I�y ts a -
<br /> . �, c a d o m m n a r�.p r t i c a r:;i s;�u i o j c c t t o a h o m o o w n e r's a s x o c i�ion of,�":k�,�f?v*�d's�U:�all of Batmwec's obt�tious' -,- -
<br /> � dad�covei�aats c�aang.oc
<br /> ; .�: iacT �:qa�ylpti�:.iiv�any dues ar acsessments telating�s.um�e[-.tlxc;�c L u a�o a;:t�
<br /> • �; .��r�It��a hameowner"s associarion.and the 6�-C�.v��aa�i'+��s of"t�e project af which the P[�npeci3t:is a '
<br /> ; .. . .. .:,. :
<br /> ,�a ? .��;,n ' �°�att and ri�1ah'�l�. � . ,•`; ..' , , `: nts contained in this Detd of � _ �_�°
<br /> ,�.� rt 7. Yeatediar af 1ld�der s Secarity if Barrower faits w per�a�ni�he��r�r.�m and a8reeme
<br /> .�r � �h �'fect�Lender, mcWding. but not timited to, r t. _�
<br /> :.. ,.`` rr -'� . 'Ii�uust„ur if any action vi`p'mceeCing involving the Ptope�ty is�,;4'� . �.-
<br /> �foleclosuce of otlter liens;`eminent doinain. insolvency.code enfa�c�nt,'oraoit�n8�meats�e��oceed�ngs invnlviag a baaktupt or 1..:r�� ` :
<br /> 4, �.. ;...-:j::''Jl: ,�• __.
<br /> make sach �'s�;disburse sucf�sums and take such �'".
<br /> . � ' ��i decGdent.then Lender at Lender's op6wn upon aoUce to Bo�rower.!ir,:'Y �PP��. ;�`,.;:,�`r%� � _
<br /> �+t'.. . �:..i��� ��,,�...�_
<br /> . �;r_. . action as is necess�ry to pmtec t L e��i.a t e r e s t.i n c t u d i n g,b u t z i o t l i m i t e d t o.d isb u r s eme�,w-�attome y's fees wd��Y uPon the �;`;,f�;�,�v`ry��is�;_—
<br /> �+�-�F� this 7.with' r�sttbereot�.shatfbec�meadditiortat _ ��,t�:�,;rfi�;l����:,,,-.-=:__-
<br /> .. -...,.t: Pt�nperiy to make repairs.Any amowiRS�s[xused bg[xnder pursuant to �S�Ph �.... � f����<�.���:_-
<br /> , � �S of Botrowec s�6y�tis Deed oflivsc.Unless BamaWer and Leader agcee m.�7er temu of payment.sucd amounts ,���';{•(7�;�a.���'�i����%:;-
<br /> . - r : ',.sha116e payabk upon�f�sfm ie�cia Boaa�xers.t�{,itestinS PaYment therepf;and shall6e�r°.ecest from the date of disbursement t��<r�,���Yb�llr�n _
<br /> . , .`- . � at the tate pemtit[ed w 6e r;bacg,.°��tl�e Nate in ttie sasc of¢��ttr.Nothing'ca�tained in�,iisi�:�araSraPh 7, sha11 require l.ender (yr�,? ��+�t� :
<br /> =�;k .<: to incar sia��expense ar do.�►ye a�ci.�ca�?sder. ,�, ., ' :,. :•:•.' �`t,e��f�-�y'�'��.:;�a:-
<br /> � r +� : , g i�e�do�,t.�"s:r.�u�`ii��tce or cause to 6e ntade iv�a+'.tl_*t�eatries„�e and�t,�a.��r►s of the provided tha[ s� ,s`�`yn�' r �r
<br /> ' f�,',: '��. '' !•lE��tders�8+ve Bo�b�� '�.$ee prior to any such inspeca�•'������ .:t��3�useai�;�aoe related G� � �s inteiest ia �� °` t . • •,�;� ,-
<br /> `�i:,:;r'= ;��. ; ti�propefiy. �':i, , :�,' i:.: ,..,t ._ .; . ��: , .� � . . �.� -
<br /> � w.�-� • � 9. Ca�demeatloin.'The proceeds af any aRacu o�cT�u��S:i;���,;:�iT�ect ar c�?�quentiat. in cortnecnon witfr any .� :.�`�' � --
<br /> '� - �, �. `�candemnatlon ar ather takin�of the Property,ar paA thereof.ac;F.�-.Ar: canveyance in lieu�r��.'sdemnation.are hereby assigned. ., ��f:'' ; .��,5;. c �
<br /> _•`�..�<. . and shall be paid.to Len e . :,�`�r�i.�,; . '
<br /> _.. "•-� . : ��...._ � 1�'�r'.r �1�:;;�4�
<br /> . �. In the event of a taking of the Praperty.therprareeds stu�fk i�e�applied to the sums sp�ui'by this Deed of 7ivst.witb the ' • :-�{�f�j,,-�;y,•... "��•. ,
<br /> ^. . excess.if any,paidto Burrower. ' , a��,,:,,s{,� . :,;
<br /> ... �}'„'f:l•
<br /> _ .r� ' :.',N� : �J�c•..,�. :' ::�r,_:
<br /> b Barmwer ar if after natice by L.endcr to Rorrower tt�at the condemnor offers to make an �' ..t•. •: '•.:�,j:��:
<br /> �;..; �'�.�� If the Property is abancta�ed y �': .
<br /> award or settle a claim for damages. Barrower faits to respand tn Leader within 30 day�of ihe date af sach notice.I.ender is :: , ' -_
<br /> �;r;;r"';:�_�:� . authvrized to collect and apply the pr�cecds at Lcndcr'.upti�m either ta restaration or repau of x3te PropeRy or to the su�ns secured ��� ':,<<,:;. ':
<br /> - �t�4�� by this Deed of 7tust. �: • � k ;. d•,
<br />� � �•��'� .: .� A,��,+ptication i�f cc+nJemnation pr�xecds to principal�F,a,I;E:�a�t exsend at pa�tp�ne c��:��.uf:�date of the manihly insrallments
<br /> •' rYY��?1�'�' f a� s and 2 hcreaf or changc thc am�unt o��ii��•)AST�}j�Ct7uf4. . .•. , � � , .
<br />- :f� '�� -,�;.v �;�r;�.=-,�� ' •• TefeaeQ';.� r�Qaragta}sh .1 •• , � �. . . .
<br /> ,�:�',� ��t'��;:.;4,t.,�;�; • `��n'��f'�ar 1011 Of�SN1IlS SCCUIC(I�11II1S ,
<br /> ,.: ,::s -,t��...,:F, ,, � . � iU�'�vrrower iti!a!Retased.Eatension oi thc time far p=syri��r:dr�'. �?�� .
<br /> ';'•'%�� y �,;,1(v'���{�+�f;�f.�;,, :�1�,.,�Tiitir�granted fiiy Lender to any successor in i�terest af B�±rn;na�,�s sf�aT1_�n:��r".fv:oi m�e�.:a x��wut�taer.the l�ability af .
<br /> ���Ati�li}�� ,''`. •.'.,;.,.:.,,�;,a���-.1�oirower and Boaower's successors in interest. L�'�.'%all rtcu l�..rn�;�i�ai:+c�%a.��.tenc�'�e�ings ag�inst such ,:' {
<br /> =�'��:; - . ,
<br /> �,.,,. , ,. suo�.�x=�ti�zfusc ta eatend time f,at;�zyment ar athcmice mo�fi'K�r��rtizatiom z��.�tc su�aY s�s���O�.i�cs�Q of Trust by reason .,-., :,i�,�� �1
<br /> 1
<br /> F•- ' a�c�oru�fa�a7d made by the origina?�3%a►�.3wer and 8arrawct's�u�ar.�ssai�in interest. �;,;. .. �.: , � 't tr,;, .
<br /> • =' ' �`:• r lt:3Forbearancc by l.cnder;�ot s�1�aiv�e..,�ny forbea%�u hy L e a der.in excrci�.�.�„a�'�y ri f,ht ar is.�ned y hemunder, or , . - .
<br /> -• `'-'::''� ;'';.-: �ti�1l�;�+r�e:�:�orded by appticabtr laa: �hall noc ii�����iver af or preclude rt�e e+cerciFr nt�y �ght or ic-�sra�y hercunder. 7'he .
<br />. `�-�.�'�.` .��,','`. �; .�c��tiaai,+a�?�of insurance ur the payment o f tux������,�er liett���c ha r g e 4 b}� G�:,r e d��r �(t,:�f,�nt I+e a wacver o�Lender's right ta ,
<br /> � �: .�:.,• .!�':"„ .. : ..- �
<br /> � ` ;aii.�i�i%:}!i�maturity oi the indebtcdnc,••crureu�hY'tlsic Ucr�fi,,f 7iuct. -- .. .. , .
<br /> r :. :. ..i
<br /> �=- :'.�� �:"
<br /> •��I:�te�nedks Cumulattve. All remcdie�piavided in.�iri.�i�'+�d of�'i*u�t are di�tii�at�r3 cumulative to any at�`�tght dr
<br /> :.�'�� � � temedy under this Deed oP'ti'uc1 or affordrd by lau or cquity.:aui;�a��z�' be v�uti(�t1 cv`tttiuitt`thliy.independently nr sucd�;��+ely. � .�
<br /> , �,.�,, i
<br /> }�-;::.� � � 13. Successors and AssiRes Bound: d� �d ��` �ab�>��Ptloas.,fin'a cuvcnant� and agrcements herein .
<br />� , s;;a�;'.; �' cantained shall bind.�nd the rights hcrcundcr.hall inurc ta�cu�`rc�perti•�Nl�;�:�•,,r� a��c#.a+�ign�of Lcndcr and 8utruwct. AtE • ,.
<br /> ' ;�"•�,��:.•; , rnvcnants arnf agrcement�uf 8urtower�hall he jaint anJ�cvera�:•�7lc caption��cd heading����f the patagraphs of thiK beed af'13rus4 , �, .
<br /> `.�!��fl,�•n'e � r e�� • '.'. ,','!l,
<br /> �J„ . , am for cunvenicncc anly and arc ac+t to�e uscd to inuryrc�or�linr.•thc prnvisinns hcreul•'. .• .
<br /> .';y ;<��'�s . 14. Nodce.My Notloe of Dei'pult�ar Nntice of 5ate prnvid�ii`,ii�r in th}�Deed of�`��nt�y t�c Sivven,ancl the Bairm►�.=r,.ii�!'eby . •�,� ,;;,,�f?'''�;
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<br /> � .. .. ,�'�.1:5.,c��,i:.t..i
<br /> ����i'��`�" ' pven,tii Saro�wer by mailing s��t�f ri'utice by cx:n3Fiet14�` ''i�f�:`�mail addrcssed td Born3�i�ra�3t:tse , , ,,r:^,.y:,:�;;i•;:�`'•
<br /> � ..t{ti, . , ��' nques�s Wat any st�cb noticc be
<br /> � � ' AddresssteteQbclaar.Myolhernoticemaybe�ivento$arrowcrirssuchrnannera� r:tt��tcQ�i �a licableta�v An notice'ti����.ahSii�i�.• I ' ��'k:%j;:�:��";�:`
<br /> p� 5� PP y �• � �,���' � �, .,:1,:
<br /> . . [. .: �_ _.'�... 7'�ii�.�2fr. ' .i.-
<br /> « • ' � a reslstered roail provicicd for 9n�his U��cd af Tr�s�sl�1!be dsemcd to fwvc b,:�:q� �•en u�Borruwcr�vhcn m�,ilect '�..;�� . , , i, �.. , . �� ,.
<br /> lste t� ,• i.•.�;:�`,•;.,�: .;�,�,h.
<br /> : s �• ,,,.s...
<br /> t5. Goverele� I.aw.s�ed Spverability. Thi�be��!��f�'iu.�t,hall he g���•erqitd hy tltc law ��f the jurisdictic�n in��tv�ii�:li'J1i�:• . ... ., , ',; ,1:fj,°,. '` :
<br /> Pn�perty is Inc�tal. In the cvcnt that any ptt,vi,iun ur ctame af'�iliiS pccyl.•f 7ru,t'��r thc Natc conflicts with appiicatil��lu��,;�3tafr'.' �, �.,{>i;
<br /> � . � c�n8i4K shul)twt affecl Mher provisi��ns of U►is Ucctii of Ti�u�t vr`fNe�note whinc�an Nz gieen effect uith�+ut the cnnftccting pttirisiori. � ''�?f?':A�.�
<br /> ,.
<br /> ' �' and ro this etr!the pruvixiuns oP this De�1 of'tnast and thc Notc ure dectanxi ro he cererat+le. '��•�'``..
<br /> � T_. , '�:'� 16.Mrekeatba:Kemedies.Upan 9om�wer ti bm:u�h uf any r�»•en;►nt or�agreemenl c�f guttawc►in this 1�eett oY'f[ust ur'ia ��
<br /> � � ' tbe Note secured by this fked�if 73ust.inciudtng the cu�•cnunts t��pay when due�ny sum�secuted by this Oeca�f 7�uu,or upon y , _ -
<br /> � aey dnage in ownership by s:�fe ar uthcrwis�ur by a leusk��ritli opdan t�bny aa mure pattirWarlp statc�!in pstagaph 20 helow. 1•;� ; •
<br /> ' l.ender at Leakr's option rtny�ut�a11 ot thc�ums sec�.�d�by th�s Ured of Uust to b�immediatcly dae aru!pa):cble wichout i .
<br /> � ;�•. ��,� fiutlur denwid or na�ice and m3y incrrase�he rate c+f interese nn stich sut�t��the rate pem�itted t�•t+e char�ed under the Note'in ,
<br /> ,� . : '•�• the rtst of Qetanit.�nd may itsvoke the pnwer af sak confetred herein upcm ttte"I'tttstee and any�nhcr tctaedica pem►ittetl at law or �� ., ,. _ _ ,
<br /> ;.� �: in equity W ternver a11 such surr►s with interesl theccvx�.Lendcr�hall be'e�titted tn coUect in a�J+susts prcr�eeding.�n addidon tn the , . .
<br /> . , .. ta[eEana�su�s.a11 Hne�:u�d adl espeases and cnsts iixuncd in putsuing such rcmed�e+. includmg.bm nflt limited to.costs af �
<br /> - ' -- --�=--:=-':c -- d�x�2i�t�cy es:`�dl'ts:C.ahstis�ts.le!!t stpx}li.�T�us2t�e�fcee.2tKJ 1.endes c attatne�s:fee�s, ----- - - -- -- � ---,----------.
<br /> . �.. � . �It tbr p�er at sak is invoAed,the?rnstee sh�ll recasd a�toticc��f betault ac reqlit�d hy:�plicable law in e:�h count} in ,
<br /> . , . .. . whirA tht Prupeny�u�ra��re�berrc�i�tacated anJ�hatl mai�e��pies e,i such m�t�cc iR the er�n�r preKnhrd bc:�+p:haAT:law tc.
<br /> gc�rmNer arnf m tAr�al�er per�,n.Qrcccn[+e3 hy applicabte taw. �tfe:o tAe L�:e�d�uch ttntc ac ma,r F+e reywted hy s�+.�;;�k law.
<br /> . - - . ;, ; Tnutee shili givC N�tire��t 5����!th��Et}at puhlic a�uction t�the pees.7n�:�a!ia�hc rosnnor pr4scnbcd b}�;ippl�r.�te F3w.?he _
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