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<br /> DEED OF TftUST A P��3
<br /> � Corttinued) e���
<br /> ��' ,�. � • 0.q,p7 /9B4
<br /> � Lom No�188 � , '.����4 — ��—___.�_,�..__--
<br /> , �s
<br /> . . ���._.�... ---
<br /> .;i MaN�Un�ras of Inwnna. Ttusta staN P►aaun and mttnWn puNOlet of tke I�urana wlth sLnckrd�nd�d cowniN�ndone+rni�on a
<br /> ,� `. " , �py�mait btW ta th�fuN trnwabM wlu�aowdnp�M Imprawm�nb on th�RMt ProPMb in an tmount�ulfbNM lo�vold�pptl�lbn d any -
<br /> ttoinlurano�olluq�and wNA�sWidud matplp�alaue�in O�v�t d 4�nQu�topMMt wN6 suoh otMr Intunnos�IryaWdinp but nat Nm�to
<br /> .. .,� . • � hWrd�WbfNf�►�bu�tn�tt InlKrupUon,and boWr imunna�.q l:�nd�r mt!��bM n4�. PoIoIM sIMN�abM tot,�i��mnntor u�pon
<br /> Rf10 64GI�tGiiQnib�Y�Ptibb tO Llfldl/4tld 11lIMd by�a081W�y a�������y��10 LftldYf�kidYdiiiQ —
<br /> ���,,�nd��wiN d�Nwr to Lend�t from tlm�to tlrt�tM ar oNMAw�M ot In�trana M
<br /> . •„ � sUp�Aa{lons ihat cav:rcpa v�.7 n�ba cartoctled a dminbhed thout at Iwt Nn t1CI daq�prla wrAbn noMa�to LNW�r. BAo�Ad fh�RMI _ -,
<br /> Propwly�t any Yrr�b�oortM IoeaMd tn an�dKlpnabd by th�Olroota of th���dmd Em�►�Y����aY°b n cptb!sl tload � --
<br /> <, haiud an��Tnistor�pna to obfaln and rtakitdn Fod�nt Flood irnurara�to th�whnl woh Iraura�Is nquk�0 bY L��nd k a _
<br /> ' � ., � hbiooma wa4ltbi��tat th�t�tm ot fhe lotn and ta ihs fuN unPald P��btitnw M Ih�btn�or tM m�dmum NmN d aowrp�lhtt b ��--.-- -
<br /> . avau�bN�wMolNwr Is Nss. _�__
<br /> App!lo�tfon of ProeNds. 7astor sh�N p►anp1N�so�b Und�r ot any bas a damtp�to IA�Pta�wb. ta�may makr proof�and�in �`�
<br /> taib b do eo wllhin IIRem(18)days ot th�asullh►. Whether a no9 t„�ndere aeaudly!a�mPok�d�lsndrr rrwy�at Ib�ieotlon� �
<br /> ., th�prooMds o1 any tmurano�and�PR�y th�poo�ds to th�aduoUon ot Ih�Ind�bt�dmse�py►r�nt of any Wn ttteotla0 th�Prop�ty�or th� �"�:,:��"---
<br /> astaaHon and aptir ot th�Propaty. it I.�ndv�to�Pi�H tho O�s to restoratlon and np�tk,Tn�alor stW rop�it at t�ptio�tM ==",;,�- - --------
<br /> d a m t 0�d a d a t r o y�d I m p ra+�rrMntt In a manr�atUsinotaY to L�rwl�r. I.�ndw shd�upon stl�tary P►�ot of woA�nditun�peY a :�;;_-
<br /> � rNmburs�Ttusta trom tlw prooNds tot th�r M a o n t b N e�t o f t r p�i r a r a t o n d o n U Y n a t a b n o t I n d d t u l t n n d�r t h b D N d a f Tiwt. M Y �-.*���_v v --
<br /> praw�ds whbh h�w not bem disbure�d wRh1e�8D daY+a1tK 1 h Nr noNpt and whkh Under hsf not committ�d to tM np�ir a astonHon W ,,,�<<--__
<br /> „ the prop�ty shr;q b�us�d Brst to paY�ny amount owlnp to Lertd�r under IMa Osed o!Tnat,thm to pty aoausd inte�st,and th�remtinda.It — �`
<br /> � any,sAaA be apPliad to the pdndpel bskna a!Ihe Indsbtodnes�. It Lendar hotda any prooeeds tRer payment In NN d ths Indebtedness.such :�'.=.+,,,,,��i'a._�'"r=3�,_
<br /> . . � ptooe�ds el�A bo pald b Tnista as Ttustor'�iMeresb r�uy�PP�• :��..�
<br /> �ucp�yp Inqtr�r�e at SaN.Arry ur�k�d haunncs shtA�nure to the beneflt of,and ptss to,ths purchaier ot ttr Ptopedy cowrod by Mb
<br /> ht
<br /> �� peed ot?rust a!any bustse's sete or othcr stla heid urtder the provislons ot thts Oeed of TNSt,or tf any faredosure aa�e of suoh Properry. '�;.`.1----;-__�
<br /> Tn�lsx s!�!!�usrtleh to t wnebr�nport on woh
<br /> - . T►u�3or'�Repott on Inwnr�ct. tJPon roquest o!I.�naer.nowwe�noi�i���p_���amount of tM poliay: (d)th�Pr���� -- - -
<br /> wdeUeO OdIaY of iraunnoe showinp: (s)1M nuns of tlr tnwnr, � c° tlon dab ot Pdlafr• �
<br /> ttre then aurtent replaoe m e n t v�t u e 6�a u o h P r o P e d Y.�u►d t h e m s n n e r ot delermint n p that vtiw;�nd (U f1w�ptn► ,„
<br /> Trustor eAalt.uDon request ot lender.hae an IndependeM appnisw utbtactory to tendet determtne the cash vttue repiaca m e n t c o s t o l t h e , *�`-,..-�f•,a.-.
<br /> �'�h► ,t�vs-_�
<br /> .'�'„��+�
<br /> � TAX AND INBURANC�RESERVEB. SubJeot to any ifmitadons eet by aPP�►��w•���y��Tnrstor to mtfnttin wllh Lendor reserves , •,. `
<br /> nt of aaowt faxes��ssesemenb,artd insunnoa premtums.whioh reservsa ehW be cretted by advtnoo paYment a momhb MY�nts ot a
<br /> .j ` ta WY�
<br /> aum estlmatad by I.onder to be eutlbMnt to produoe.at leaet flMeen tt8)dtya betae due,tmw�e at tetst eqwt to ttre f�xes,as�essmeMa�and :;•:'X• .
<br /> Uawartce premiums to ba pald. It BReen(ib)daya betore payment Is due ths rer�ve wnda are Insuffldent,Tnrstor shal upon demand pay any '��'���-
<br /> deM�ency to lsader. The reseNe funds 8hiq be �Id by lender es a penera�deposit hom TNStu.whbh Lender rtwy et by paymoM ot the y�-_
<br /> faxes.assessments�and insurance PrerrUums re4�to be Pald by Trusta as they become due. Lender shalt have the rip
<br /> t to draw upon the �
<br /> reserve tunds to paY euoh ttems.and Lender shtit not be required to determine the validNy or aoauntay of u�y Aem betore pa�lap N. Nothinp In the '�'-.�
<br /> Deed of T�ust�hall be c�nsUUed as requMrq Lender to advanoe ofhar monles ta auoh purposes,and Lender ehaU�ot Incur t=y�Ilebll�f��hi� :�.`,. � -
<br /> It may do or om11 ro do wdt� resPeai io tiw resen+a accac�r�t. �as�ounlS in!hg �as!�e aaount ue NerebY P�dped -
<br /> Mdebtedness,and Lendet b herebY authorimd to wUhdraw and apply suoh amounta on the Indebtedness uPon the oxuRence of an Eveni of .t .
<br /> Oefauit. Lender ehaq not be requ�red to pay any interest ot earNnps on the reserve tunds uNess requlred by Itw ov apreed to by Lender in writlnp. .,. �
<br /> lender does not hdd the reserve funds In trust tor Trusta,and lender is not Trusta's agent far peyment of the f�zes and essessmenta required to ;
<br /> be pald by Ttustor. .. ' �� ))
<br /> EXpENp1TURH8 BY LEAIDER. It Trustor felis to compiy w8h any provision ot this Oeed of Trusf,a it any aallon a prooeed�n9 b commenoed that
<br /> _._.,.�..., � . n�nraato in ttw ProoeAv.Lender on Trusta's behalt mey.but sheN not be requtred to,taka an3r noUon that l.ende� � � �
<br /> - wiHwv'o�.to..q�i.�.�"^�...-CRCb?-1 . .--
<br /> deems tpprap�late.Any amount that Lender expends in eo doing wiM bear Interest at tha rate anargad under tiar i:vtn iro�..ua..at�lncurrad�r.... _�,T�.�
<br /> by Lender to the date ot repaY�nt by Trustor. Att auch expenses.at Lenders optlon,wIU (a)bv P�Y��an demnnd, (b)be added to the ba4tnce I : .�; r
<br /> ot the Note and be�pporHoned amonp cnd be peyable with any InslWiment paymenta to become due during elther p)the term ot any applksble
<br /> tnsurance pplby or pi)the remaininp term ot the Note,u (o)be treated ao a belioon payment whbh wip be due�nd payab�e at 1he Note's m4turity. ,
<br /> TfYs peed o!Trust also wll!seoure payment ot lhese amounta. The riphts provided fa in thb part�nph stuq be in addltlon to any other riphts ar any , �
<br /> remedles to whSOh lender mny be endtled on axount of lhe detautt.Any suah actlon by Lendor shati not be co�rued as curi�9���ult ao as to �'
<br /> ber Lender irom eny remedy lhat It otherwlse would have had. ,�
<br /> WARRANTYi DEFENSE OR TITLB. The following provfslons teleHnp to ownetship ot the Ptopetly are a ped of Ihis Oeed ot TrusL �..,:.
<br /> TIUe. Trustar wertants that: (6)Trustor hotds good end marketable tltie ot recotd to the Property tn}ee slmpie,free end ciear of aU Ilens and
<br /> � isvor ofb andxePted by�Le�nder In c1oneection�wlth th�80�eed o�f Tpust,and (bj 7nuata has he�futt�dght�,powar.and u'thalty t�iezeaule end
<br /> dellver thls Ueed of Trusi to Lendar.
<br /> Defenae ot Tltte. SubJect to the exceptlon In the paragraph above,Trostor wanants end wlll torever detend tha dde to the PropeAy agafnst the
<br /> tawful delms W a11 persona. In the avent any ecNOn or proceedfng Is commenced that questlons Trustors ude or the intereat of Trustea a
<br /> Lender under lhis Deed ot Trusl,Tn�stor 8hat1 defend the eclion et Trustor'8 expense. Trustor may be Ihe nominat party in 8uch proceedlnp,but
<br /> l.ender ehatl be endtled to partleipate in Ihe proceeding and to be represenled In the proeeedin9 by eou�et of Lender's own eholce,and
<br /> Trustor wlit deilver,or cause to be deiivered,to Lender suah inskuments as Lender may request hom tlme to tlme to permit such parddpaMon.
<br /> Compllence With LawB. Trustor wanants that the Property and Trustor's use ot the Ptoperty compues wlth ali exlsdng appilrabte taws,
<br /> adlnances,and reguiadons of governmentat authorllles.
<br /> CONDBMNATION.The following provlsbns tetedng to condemnation proceedings are a pert ot thls Oead of Trusf.
<br /> Appticatlon ot Net Proceeds. if att or any pad ot the Property is condemned by eminent domaln prooeedlnps a by any proceeding or
<br /> purchase fn Yeu ot condemnatlon,Lender may at Ils eiectlon requlre that ell or any patlon ot the nel praceeds of the award bo applled b the
<br /> Indebtedness or the repafr or restorabon of the Property. 7he net praceeds of ihe award shall mean fhe award aRer payment ot au reasonabie
<br /> costs,ezpenses,and aftorneys'fees Inourted by Trustee or LenQer In connection with!he Condemnatlon.
<br /> C ProCeedlnpa. It eny proceeding tn condemnetion Is 61ed,Truslor shc0 prompHy notly lender tn writing,and Ttustor shall promptly take such
<br /> sleps as may be necessary to tletend the actbn and obtaln the award. Trustor may be the nominal party In such prxeeding,buf Lender shelt
<br /> be entllled to particlpate in the proceedin@ 8nd to be represented In the praceeding by counsel of Its own CholCe.end Trusfor wlll delwer or
<br /> � cause to be detivered to Lender auch Instruments as msy be requested by Il Nom time to time to permlt such partk�peMon.
<br /> IMPOSITIOH OF TAXES,FEES AND CHAROES BY tiOVERNMENTAI AUTFiOR�TtEB. The}oNowing provisions retating to governmental lexes,
<br /> fees end cherges are a pad of thls Deed of Trusl:
<br /> � Cunent Texea,Fees and Charpea. Upon request by Lender,Trusta shall execute auah documents In addltion to tNS Deed of Trust and take
<br /> whatever oiher acHon Is requested by Lender to perfect and continue Lender's I►en on the Real Properly. Trustor shaN reimburse lender for atl
<br /> 1 taxes,as dasalbed beiow,together with all expenses i`curte0 In r�o�d�g�petfe�t�9Qaf�C Deed ogTru�st 088d of Trusf,Including wlthout
<br /> IIrtIItflHp1&Il t9X8S�1869�cloaumeniary si6u�b�fii��v�..a.��p.v.,......--_._...o=. _--- . - -
<br /> ' Texee.The toilowln8 shall constltule taxes to whlch thls secdon applies: (a)e aPe���a te�upon this type of Oeed of Trust or upon all or any
<br /> pert of the Indebtedness secured by thls Deed of Trusl; (b)a speGNC taz on Trustor wh�h Trusta is autho�ized a requlred to deducl hom
<br /> ' peymenls on the Indebtedness secured by tNs type ot Oeed d Trust; (o)a!ex on this type of Deed ot Trust chergeeble egainst the Lender or
<br /> � ; i the hdder ot the Note;and (d)a spedHC tex on ail or any porUon ot the indebtedness or on peyments of pdndpal and tnteresf inede by
<br /> � Trustor.
<br /> � f �� Subaequent Tauea. If any tax to whloh this secdon appNes ts enacted subsequent to the dete of thls Oeed ot Trust,this event ahall have the
<br /> ptovide�d be�ow unless Trustoeetthere()payllhe'tux before It becomes de�l quent.u (b)Contests ihe tex a provlded abo vU�he pauf esfend
<br /> Liena eeotion end deposits wlth Lender cash a a auffident Corporate eurety bond or other decurtry sadsfaClory to Lender.
<br /> " SECURITY AGREEM�IT;FINANCINO 3TATEMENTB. The fottovAng prowslons relating l0 lhis Oeed ot Trust es a securlry agreemunt are e part ot
<br /> � IN9 Deed of Trus6
<br /> � persoeal pr pe�tY.�and Lender ahel�l heve eY ot thet 8hts o ause�cau ed parrytu der theUnlform Comrtrerdal�Code ataUmend duhom dme eo
<br /> , Nm9.
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