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<br /> , :� b.tlNon�ppila�bte I�w pro�i�oibm�n,�11 p�Ymmt�noaved by Und�r undfr th�Hou�na p�r�prapl»1�nA 4 h�ao1 shMl b�appibd by I.�ndN , ----_--.
<br /> Ant(n p�nt ci�nounU p�y�bi�to L��da by 9arow�r und�r p�rpapl�4 Mnof,thsn to inntat wY�bt�nn tM Noa,thm to tM pdneipN of T _
<br /> . tfN Net�,�nd th�n to Ir��nn��pdnatpa�on�nY furNur�dv�no�s or othn h�d�bt�dnos��eound hor�b�. �;;�'q='�"�:- --
<br /> � 8. 6o�row�r�hai k�ep th�Prop�rty in poad ap�r end oheil not oammlt wa�t�ot p�rmit Impdrm�nt or detedorotlon of tM Propeny. �•�• ^��� ; _.
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<br /> ' 7. (!tM Bortow�t f�titi tos�t maintain or p�y th�pnrNum�for th�nqulnd tnwrsno�of tiu P�op�rty,or b)pW Nxer b�taro d�tinqusnt,or o!paY anY . .-f,-_- . --
<br /> �� " rnqunt du�unda�p�or moKp�p�or trust dad bdon d�tinqu�nt,ot dl e�+Mnt�tn th�Ptop�ny M pood��par.or�)pttform�ny of tb�oov�eNnts or � ••• •�=`-"- .
<br /> � pr�nt�of this Tru�t Dnd,tMn L�nQ�r m�y st It�optlon pay tuoA Inwnra�pr�rnlumt,tax�b mortp�p�or trwt d�od p�ym�t►U,o►m�lc�trpain � �,. '"'�.��'��'-—
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<br /> - - . . .. � . �nd df�bun�aab Muea�nd tMa suoA�otlon��It dnnu mo�sin�►to prot�ot it�intmst without w�iviiw ur attuoUnp!w rlQht to d�cf:+a ar dot�ulc _.,s w,,�A:.�,` -- -
<br /> md�aaW�r�U th�dsbt wourrd Mi�AY b�aauu o}�ny woh Idlun ot th�Borrow�r. Any amouots�o di�bura�d by tM I.md�t th�N oorMtltuU �, ,_
<br /> � bdidornl tndtbUdms�Ot Boi►ow�r uoutb by tltis Tfu1t Dad uid thNl bnr inUnn hom cM d�t�ol dbbuuamant ot ttw pto payabW undw th9 . -
<br /> , � Not�. NotNnp contNn�d in lht�pu�pnph ehri nquln l�nd�t to m�lu any woh di�burs�nt�or tdc��ny�adon wh�tso�v�r. , ':.,n
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<br /> . � 8. I.�nd�r m�y m�ic�or osun�w b�md�rwsorwbt��ntri��upon�nd Inap�oUon ot th�Property. . ' ,,���-� .
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<br /> 9. TM proo��d�ot�ny�w�rd or o1Nm tor d�up�t,dirwt or oons�qwntiM,1�oonnwNon with�ny oondemnet(on or othtr t�kitq of th�Prop�rty, � ��'^'
<br /> ' � or psrt theteot,or to► oonvoyanot in O�u ot oond�mnWon,aro Mreby�teipnsd and�he�i be peld to Lsnder to the extant of th�tuil rnount of tM • , _—
<br /> nm�irdnp unpaid ind�btedntss aound by tht�Tru�t O�M. , �~
<br /> It th�Propaty 1�ab�ndoned by 8or►owor,or if,�it�►noGoe by Undsr to Bortowet th�t the oond�mnor oflera to mek��n�wsrd or atUs�oialm fot � ��
<br /> ' dmt�pst,8orrowet f�ilt to ntpond to Lsnd�r tvlihih 30 days�ftetthe dets auah nodoe 1�rnaiied,lender la euthorf:ed to ooileat�nd�pply tM proaaeds _. . : }�-` , , ` � __
<br /> � to tM sumt 9eound by tMs Ttuyt Osed. „ �° . ' �
<br /> Co�cmnetion prao�sd�or swards shNi b�oredlt�d to tho Itst metudrp instdlm�nt�oi the indebt�dnsac�ecured and�hell not sxoe�d ot po�tpon�
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<br /> th�due d�te of th�Inst�llm�nt�ni�rnd to in par�paph�1 md 4 henof ur ah�npe tM�mount ot suah in�tattmsnte. . � ,�••,,,�v.
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<br /> . 10. It ths Lender U�ue�s p�nbt reisa9e of thi�Trust Oeed,the prooeedo reoeived theretor oheil be oredited to the Iest mstuMnp insta��m�ntr of tM : •• _
<br /> ind�bt�dnees seoured Mrobv. _ ___—
<br /> 11. If Lender etther volunt�d►y ot im�oluntedly b�oomeo a pnrty to any euit or lepel prooeedinp�eictinp to ths Property.Note ot thto Tmst Ds�d,tMn ( �,,�.�i,_.:�"'—
<br /> 8orrower wlll retmburse the Lender for�II 000to end,to the extont permitted by�sw,recaonebie ettomey tess Inourred by the Lerdn rel�tlnp to ault -
<br /> a tepa�prooeedinpe snd eeid sums ehali oonsNtute edditionei indebtedne9a eeouted by this Truat Deed end beer fnterest at the rete peysbls under the � ., , ;�:
<br /> Note,u�d�peid. ��"
<br /> 12. A9 edditionai eoQUdty 8or�ower does hereby eeelpn,trenofer a�d�et over to Lsnd�r.in case of defeult In the perfotm�noe of eny ot ths termo or
<br /> � conditions of thia 7ruot Deed,ths Note, or the temu of eny indebtadneso ooaured hereby, ell ot tM rento,revonues snd eny inoorta of eny typs
<br /> whetsoever to be de�ived trom the Property,inoiudina lend aonuaot peymentt. Lende�,In penon,by e8�nt or by recelver,wichout�epsrd to th� • �� t�.,`.�
<br /> wivenoy or insolvenay of the Botrowsr o�the velue of the Property,shdl bs endUed to take poe�esslon ot,repair,rent end meneps tM Property and L,...
<br /> to ootieot the rena,revemiet end Inoortro theretrom end It mey pey out of 9aid inoome dl expensen of repeir end ooata Incurred inrendnp end menapinp .� '
<br /> the Property end ooUeodnp rontels snd for pltymsnt ot inewenoe p�emlums wfth tny romeloinp Eelenne to be spplled to th�la�t m�ric►inp psyments �'r'���� y -
<br /> of the debt eeoured hereby. Upon pteaentinp e oopy of thio Truet Deed end demend to sny leeeee,tenent or eontreot purohasar of the Property,euoh • ���
<br /> peraon ehal!gay ell rente,ppy�+��to end QroBm aecrued or thereetter aooruing to the Lende�until turthet notloe trom the Lertder. __ .w V_____.. �� _,
<br /> 1 1 S. �f a0 or any pert oi ths PropeKy or any intetest therein le deeded,aotd by tend aontreot or otherwlae oonveyed,eiiensted o►further enoumbered �
<br /> eitMt votunterf►y or i�voluntarHy wfthout Lender'e prbr wtitten aonAent,or it ths Trueto►le s oorporeGon end there ie e ohanpe 1�ownenhip of 6096 ;+� ;
<br /> or more of ths oorporetlon's stook,or ft ths Truator Is�paR�enhip�nd then la s ohenps In the membenhlp or e dlotolutlon of the psmm�Np, i
<br /> exoludlnp tel e tran9ter by operetton of tew upon tha death ot s joint ten�nt or(b)the prent of any teeseho�d intereat not oonttlninp en opdon to �
<br /> purohase with s�easo tertn of two yeers or Iest,or lo)the oreetfon of the puroh�te money�oourity intereet In houeehoid appilsnoes,then Lender mey. 'I �
<br /> �t It9 t�tlQn,�lenl�rw el1 auma aeaured by thle Trust Oeed to be Ynmediate�y due end peyeble. In tM event the Lendet oonaenb to eny suah ohenpa l ;:.��
<br /> In ownerehip,oonttot or diseoluUon or trenefet of eil or eny pert ot the Property,then Lender may et ite opUon edJust the Intereet rete to the prevai{irp :�%J•;t
<br /> rete of inteteat thet ie oherped on new seoured toana of the type seoured by thlo Ttuat Deed et the tlme of the ohengo in ownership.oontrot,dle9oluNon � , �
<br /> ot ttenefer and mey cherge e trenater tee. � '.''�♦�i�
<br /> 14. Upon Borrowet's breeoh of eny oovonent or apreomont of Borrowor in tNe Truet Oeed,inctudinp the aovonenta to pay whendue eny suma eeaured i f.
<br /> by this Trust Deed,Londer at ita optlon may deoiere eil ot the eume secured by this Trust Deod to bo Immodlateiy due end peyabie without funher -
<br /> demend and mey Invoke the powor ot ae�e endlor ony other reroed{e9 pa�mitted by eppNoab�v lew inctudinp the right to foteetoae thie Truet Deed in � , '�"
<br /> � tM menner provided by tew tor tho foreoiosure of mortpapes on red estete. lendor ahetl be entitled to oolteot nll reeeoneble aoete end expeneoe ; ���
<br /> ' Inourred in pursuinp euoh remedles Ino�udinp,but not�imlted to,end to the extent permitted by tew.�eeaonebta ettorney fees. , - '
<br /> If tM power of seie ie Invokad,Trustee shall r000rd e noUae ot defou�t in eeah oounty in whioh the Propeny or some pert thereof ie loceted and provide �
<br /> nodoe thereof in tM manner pteeoribed by eppiicabia�ew. Aftar the tepae of suoh tirtro ea mey be requfred by applwebie Iew,Truatee ehell pive pubUa
<br /> aotico ot sato to tho poraono arsd in the mennar preecrFbed 6y eppliceblo lew- Truetee,rsr thn ettorney}or the Ttuetea, wlthout demend on Bortower, r
<br /> shali sell the Propeny et public auotion to the higheet bidder et the time and p�eae end under tho terms designeted m tho�otiae ot sato In ons ot more
<br /> paroet9 end In suoh o�der ea Trustee mey doto�mf�e, Trustoe mey postpone sate ot eli or eny peraol of the Propony by pubtic ennounoement et the .
<br /> time and piaoe ot any prevlouely sohoduted sele. Lender or leMer'e designee mey purchese the prape►ty et any sale.
<br /> Upon teoeipt ot peyment of the prloe bld,Truetea eheli deflvot to tne purohoeer o T�uetao's Oeod,w�thout worronty,aonveyine�he Property eoW. Tho
<br /> rooltde In the Truetee'e Oeod ehell be prima fecie ovidenoe oi the truth ot the etetoments mede thorain. Truetoo ehull supply tM prooeeds of the eele
<br /> In the}ollowing orde�:e)to ell reasonebie ooste end oxpenses of the eaie,Inoiudfng,but�ot�im�tod to,Ttuateo'o foos o}not mote then Flve Flundred
<br /> end No1100(8600.001 plus 1/2 of 1%of tho emount sooured herebyend remeininp unpeid.end custa of t�tlo eadence;b1 to ell sume 000urod by tAle
<br /> 7ruat DetA;ond o)the excees,�f ony,to the peraon or peraons lepelly enbflod thereto.
<br /> 1 S. Any fotobeerenoe by Lendot in exerolsfnp ony rfght or romody Aeroundo�,or otherwree effurded by epplieeble lew,sheA�ot be a waiver of or
<br /> p�eotude the exerclse of eny suoh Hpht or remody in tho event of eonunufnp or iuture breecheu by the Borrower.
<br /> 18. A�l remedles provided tn thle Ttust Ooed aro df atinct and cumuintive to any other nghc or remedy under this Truat Oeed or afforded by taw or eqwty,
<br /> � snd mey be exerclead aonaurrendy,Independontly oreucaosefvely. If Borrower hee given Lendor e chettel mortpepo,or aecudtyayreemont on peteons�
<br /> ti propetty ee edditlonal seourity for tho dobt seoured heroby,in tho evont of dofeult hereunder ur the�aundor,Londer shall have the�ipht end opUon to
<br /> fitet foreolose on eo�d Dereonel property wrthout pra�udico to�ts nght to theroofter seN or f oroclose the Prnperty or�o pursuo ell security et tha aeme
<br /> titne Or to pu�sue the poreonel p�oporty eftot the salo ur toror.�usure of tho Proyorty.
<br /> ' 17. Upon peymont of ell euma eoourad by thlo Tru�t Deed,Lende�eholt tequnyt Tr�etee to reaonvey the Proporty und ehall eurra�der tlue Ttuet Dood
<br /> etx!elI notos eNdenclnp fndobtednoee socured by thio 7ruet�oed to Truetee. Truatoo shall reconvey tho Property w�thout wenenty to the poraon o�
<br /> peraona Iogally ontltlod thoroto. Such pereon or persoos ohell pey oil coste of recordetion,if eny.
<br /> i 18. Londer,ut Lendor's optlo�,moy trom timo to tfmo temove T�ueteo end epvoint e sucaeseor trustee to a�y Truetoo eppa�ted hereunder by an
<br /> t � Inetrument reoorded intho County in which tMa T�uet Doed ia recurded. Withuut cunveyenoe of the Pn�perty,tho successor trustoe ehell succeed to
<br /> ` eII ope,power ena dunes oontorroa upon cne irustee nerem erd oy eppi�caoio iew.
<br /> 18.Exoopt tot any t►odoos,demonde,toquosts or othet commurutot�ons roqufrod utidor opplicublo Iew to bo gwon�n nnothe�menner,whenevor Londer,
<br /> Borrowe�or Truetoe pfvoa or eorvos o�y rot�co Iincludi�g, w�thout lim�tet�on, notice of dofeult end not�co of aefel, demends, requeate or otMr
<br /> communioetlon wlth roepoot to thla Trust Oeed,eech euch not�ce, Eomend,roquoat or other commurnr.euon shntl bo i�wrltinp end shelt be eNeotive
<br /> � only it the seme 18 deNvorod by pereonal serwco or mailod by cortitiod med,postape propoid,retum recaipt requestod,odd►essed to thn eddrese es eet
<br /> �� forth et tAe bepinnlny ot the Trust Oeed. A copy of eny�ot�ao ot defe�dt,eny�otice ot enlo,�oqwred or pormittod to be gwe�herounder,ehell be
<br /> : , melled to eeoh person who Is e porty horeto ot the eddress aet farth ot the boQinryng of t h�s 7n�s�Dood. Any pa�ty r.�oy et enY t�mo chenpe its edd�ese
<br /> tot suoh tlotloes Gy Eelivotlnn or mnfling to tho other part�os heroto,eo etoresaid,e nouce ot nuch chAnpo. Any n��uee hernunder shell be doemed to
<br /> � haYO to been given to Botrowet or Lendet,whon glvon fn the menner dosignoted hormn.
<br /> Z0.The aovenont�ordepteemonte horoln conteinod ehntt b�nd,ond fho nehte horounder ehell�nuro to tho roepoctwo hous,ropreaontotwes.suocoe9ora
<br /> end etaiprre ot the portfoe. All oovononte nnd epreoments ot tho Borrownr shell bo�o�nt mid soverol. Whenovur rotore�co�a medo to the efnpulet
<br /> ? , hereundet,ft ahell fncbde the plurol end the plurol ehnq�nclude t1�e e�nputar.
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