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<br /> ..�� .w' �.' -'-- ..,�•• •, • . � . h ' . . ' - . • _ , _ I.. -� ., • G `, ' , � �� .��._ , � ` } � .
<br /> � ; � Z�. W►'iYQ O�Sr/►TiRi os LIM�tIttlqtl.- �raa�ir�<�iwi ��ri�t te a�xt +�. ` �
<br /> atawt:� of 2i�itat�oa� as a bar to tir �fosc�at oi IC1�-�iin.ot ffiis It�esuitsC-�s t4:aeq '
<br /> icrion brou�t to.�atoXC� dre lfot.�i as�� otLs�e oblijatioa s�cinr�d b7:t�is Tiasttuw�E. f ��,
<br /> �: � 2a.� itAtVg op°lIARSItALLIi1G:� l�ozritLstaodinS ilf+ s�st�ne� o!�ant. �dyz a�c�¢ityi�,
<br /> int�s�ats in tbt lrop�rtf lrld by 3m�ifM�try o=b�an� o�t pa�CtT. �iastiatatcy �11 han�s
<br /> tlf� ri�t to d�tssain� th� a:d�s in vbich a� os aIZ of ttr Prop�rt� �ba31 bs aub��ct�d to .
<br /> , tl� �c�rdias providid hsr+�fn. �ea�ficiat� �1 Lavs � ri�t:�o �ai��i� drs-ordNr f�►;. ._
<br /> vLi�h airy 6s alI po'rtfaas of t� tod�btadaess sscur�d baz�by u� sati�f.isd fso�ttr ssae�ls :
<br /> - — ------���tx��a�.�.t�_!��lei�_n�_df�-]cNldi�tD=�4�_1f�1tfA. Glantol.��Cy�!1f�;��... .__�
<br /> - to tLis I�tzlasAt atld aay patty 1d10 nD1/ Oi La=asft�r.iC a a asa�ur r�n . t� - -
<br /> - � lydp�rtji and�fio bss actvsl or cautsuctiv� mtics�r�o�. 6sub� Yairis a��aad:all ti�t ..
<br /> _— to r�qait� tbs �arsbsllitta of asssu ia ca�ectiaa�ith tht autciss of auy of tlr s�i�s
<br /> pes�itt�d bT app2fcabla lar or.provided 6s=�in.
<br /> - — 29. F�OOD HeL►1tD:� Gssator rasraaa aad raps�s.eets. to asneficiar� shat tt�e.lrop�rcl►
<br />= is �not situatad in aa area pses�ntly catttitutin�a •flood pso�a'�or.•f2aod-I�sss�td�.ne�ss�; -', : .
<br /> _ as d�ffned bg ttse 8atiotssl I:Iood Ins�rsnce lLct�of 1465 aot��tLt F�ooe!Disasttr.,l�t�ct�op i� . .
<br />- . A�e�G of 1973. �d ths xa6a3atio�Pro�rut8.sted thelc4�r. �rmntar agraes.�sC.f! dc�t�.�;tb��.. . - -
<br />:'; � tesa of tbs Aota tbe.YzapertY is deeted to be s3eustad-in a 'flood ptm►e� os�"tZaod��".:
<br /> _ arta,b� Lhs U.S. Cosp af Fs�iaeers or am�t other �ntal autliorig a�r�it�i�tts�r��rsid
<br /> - ` �sais].ation a�raanlatt�ions. trithin tea dajls a�ter;+►�'iet�twtice tzae:l'kitq#idisty o�.such
<br /> datezainaxion .Graator: �1�a7.1 obtsia fload �azaa�.�r� iasursacs cover•i�tt-.:..f� �ProM�T-
<br /> �sr�aft�s. duri�6.t�, ter� af ttN liote, Grmur �1 �sintain ar�d,.��F�!;���fi`• fYood tuzatd
<br /> inswcat►ee us�der tDe-Ha�onal Flood Insvsanee �Pro� eaverin� tbe Pti�rty ud insmci�6
<br /> `� ` l�nsfiaiary aad Greator, �s their intasest ssy appeas. in•an7 a�rauat equal to tbs �axi�u�
<br /> le r.avers e't�`'�itTu outstandina ba3snce of thc:ltote, ��ever•��fi ti� l�ssss a�amt.
<br /> av�►i.lab 8 �`
<br />,::_;;� If Grantos fa�.�..to provide to Bene€iciary withi�:'�t+ea dsys after suc�a �rritt,�a Aotica a
<br /> _��`�_, Cartifieate��aW���B that•sucb insuraace is in eff�ct, baneHciary.iy. at its optioa aAd
<br />� _ ':�z-�'�;.'.r at?I�irraatos'�s +Pa�pense, obtsite sucb iasurance.on.belul� of Graato= aad Dasisficiasy: and ths
<br /> �
<br /> '��`� " cpsts i�urred b �enefici for suti� in�uranee sh�Il be ii■�ediately dua aad psyabla and
<br /> y,�'�:.. Y , ar9
<br /> . ' �.�,.
<br /> .��:y�.� sbsll bea�t. iat�est froi the dsta of diaburseaeat�l►t•s rate equ�l to t� Defiult Aat� of
<br /> s�'f,;��' .�. .
<br /> ="a• � � " interest.s��.:��"outh�-in the Note. Ia addition, �s,Grantor's failing to asintain such
<br /> r�',:�� ,,,,• : insuraace e�;�.�or..furnis��t2��CeYtificata as pra�'tded�a b a ve. D ene f i�tary. a t i u o p t i o n
<br /> -r:`� �':?:• aftar ' ,�a i d�tets.d a iw t ice, a s q d e c l a r e all of ti�e.�,vss:,aecured b y tiiis Iast=�asnt .
<br /> eK'. ��a� 571.
<br />. -' i<�s,J'ti.�`.;�i�l��-c_,__ � ' ,b l e .a n d v i t h o u t f u r t h e r de a a#��i���� farecloaa tbia lustit�ent
<br /> - '�7�;�,w{;,� , to•be.i.aediately dt�±a���sp�td . �! :P��. -- --
<br /> ' '''r�`+�?+�t'.''� t .• . • � by,�uod3ciaZ psoceediillg;;a�d��sy otheswise exercisa all rese3ia`s�p�a�ided in tl�is Lus+ts�ent, -
<br /> � :t?h;)f .{ ;. _'
<br /> r.: ;,.:;,." ;A.the Loa�;Aocuaents, or in equity or at lav. . � __
<br /> ,. :.,:,'�;� ; , : .,: -�::_.
<br /> . . .. ' �;;..:,,; . � -
<br /> . � . � � 3a1 SUBSTITIPrE TRUSTEES. Benefiois�cg ig'h�reby grarted by Grantor the irrevocable ..
<br />' � � paver to appoiat �s often as it desires�a:S�bsti�ute Trustee or Tsustees here�u�e� and to ' =�
<br /> �� , ra�ove Tsustee at any tiss hereaftes, Withtion�vi�hout eause by (i) �ailing writtsa Aotice ���.M�
<br /> of sucb s�bstitution to Grantos in the �aiu�er pravided herein for delivering notic4s� �ii) �J�;
<br /> . � filing at� appropriate instsimeat�for record in the of�i�e w2iere thia l�stsuweat is recorded, K
<br /> � �i• � ead (iii) coaplying wittt all other applicable lavs �a�°the.State o€ i:�i seska. The ?ru�tee� �_`;-
<br /> � `�- "'''���' '� " or Trustees so appoiated=shall thereupon. vi.thout ariy fuitS�er act oz �eed of coavayanca.
<br /> ' '. iL���:±J,.i� :.��I�. ' �.'.�,:,,:
<br /> � ���F���,1 15- beco�e full vested �ials+identicall the saae title and esrz��in and to the Property and ;!���H.'-'
<br /> ,z.:;'�';;''fi';-`!.;,!. vith all the rights and du y t hereuades �riLb �'.;:'.``
<br /> ��.:�,_,•.,,.:.• . . .. ties of such Trustee's predecessoF in the trus E:�z
<br /> . .,-�_,,�, -.-•, .
<br /> � like effect as if osiginally na�ed as Trustee. �
<br />- . , . �� °
<br /> '" ' tn�-f'. ' 3I. DBFINITIONS. liherever used in '*�is Deed of Tuust� unless tha aott�:�
<br /> �__:":
<br /> - �. elsuly indiCates a contrary intent tlte s�ttrds.•IIeed of Ts�wt" ahsl! aaa this Deed of��s�sC. f;.;:'
<br /> � � a�d a�y sup,�le�ent or s�ple�ents heretq� ttae xo�d 'Grantoz" shall a�ean "Grantot and/or art�! � t.- ;:.
<br /> ' �� .',:�?;y�, .i! subsequeat a�ser or ovnera of thc Propezfy;" the����1 "Beneficiary• shall sean "Deaefieiasg. y ._
<br /> � �'�� ° ��'`�a`�`�,' or as�y sts�s.;�,��sent holder os holdexs of the Note s�ured by thia Deed of Trust," the t�rosd !�
<br />. S� ik�ia.y.:tws:1`}4!'r.. . .; .
<br /> .. y,;�-;�{r;���h�� •p��aon" s�ll rean "an indivie�aal, corporation. partnership� trwt or uaincorporated
<br /> " as'�iati4r�.' the word •Truste�" shall inrlude the person £isat na�ed above as Trust�s and , f,,,���.
<br /> _�� ` aal. subs�ittiite duly appointed 1ry Hen�tfciary as provided �n this Instru�snt, Lhe vord !��;��'
<br /> -�-;� " f. �pYopesty►•;,:i�tsL�i: isulude th� rr,�l estate herefnbefore deacribed, toaeth�r rith a11 r,� ,
<br /> --`�� Equipsrpnt���.caudemnstion avards ax�rl�any �ather �iahts.or p�operty inteYesta at u►y ti� aa�
<br /> . snb3�j�'��to�the lt�n•of this Deed ef Tru�t by �the�t�s heraof. Yronouns o£ aay 6andar sH�tI.L.� � " �
<br /> inciude' th� othe�c aanders� and�eithet t�e_sinEular or plural shal.i iAClude tbe othsr. r: ' �.. ��
<br /> 32. AL►CONVEYANCE bY TEtifS'!'BE. Uponvsitten request of E�nficiary statin� lh���� � .
<br /> all sur aa�ar�d brsiby t�av� be�n�paid, and upon s�rr�ader oE this Aeed o8 Trust at�d th� f .
<br /> � Yow to Ttas�G� for cance�.lation and d�linr� to th� Grantor aad upan pay�snt by 6rantor ' '
<br /> .�-.
<br /> — of Truatee'a rusonabie fees. Trustee ahall recoavey to Grantor or the person or persons �.�i'�.
<br /> �Lplly�ntitl�d NiwY�to. vithout v�rru�ty, any poreioa of the Psoperty then haid'herauader.
<br /> �M ricitala it� aucb secottveyance o� u►y�atte=s or facts shall be coaclusiv� pxoof o£•the E � :
<br /> tsut6fiiln�sa t�r�of. ?h� Crante� in any. recoaveyanc� �raJr�b� drscrfbtd as "tt� p��c�on or ik ,
<br /> � �raoos �fntltlyd tL�r�to". . '
<br /> k. .
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<br /> . -� - - -- -._ ._.. . 13 , � ��-..
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