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<br /> DEED�P TRUST ��4'~ �.�D�'I'9 Pa��a 3 r.���n�+r,=����,:�-w
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<br /> . th��stat�vrlN nrtufn e�xraT�in0 tAiNnet.w�n B ttrn b a uNOn of tMS�atilis In tM lartdbrd�GlraMOr.or a third 0�f�+�Otxdiaa�a� , •.r:�_
<br /> othawiao a�4t�s tf��Ut�s. t3ranta Axther�OrMS thtt N Qrtnta acQulnl aM a a Patlon af thr tes dmpN tltM�a any ollw I�foo10 a , . •.,••..==,_
<br /> Ruhtasciro:8!�i'a to th�PrasalY.th�f tit��c�f.nt LendYe ophon�ImmedietetY besom�wbM�1 to th�torms of thb Med af Tniet,�nd Cirtntov wtll ..
<br /> exeeub.d�ivK tre�ncad W documonb rNO�ury ar appropdatt to aa�un lhtl suaA dW b a�eured by tfua Deed ot YNSt. -
<br /> d. RFNAB1LlTATl011 LOAN AtiREE�1ENT. tinMa ahalt tutfili�A ot Grantore o011�tbns under any home rehabllilarion.lmprovrm�nt.np�k,a otl+sr . ° -
<br /> Iotn spr�rt»M whieh tiranta mtY enSrr into wiM L�nder. Lend�r.at Lendert cPllon�mAy ro4ulre Ctrantor to exeaut�and dWwr to L�nd�r.U 1�fam .,• ':, ;,'•:
<br /> za:pta4`a ta LCrs�x.nn e�;pnm�nt d�nY�9�h.dolms a dNsnsos whbh firtntrx may have eqamt partles who aupPty taba�mtUriab a c.�rvfoes n
<br /> in eonn�ation wltA Imprb�r�merds rtude to tho Prope�tY. . . `
<br /> 7. p�pW gAt,E;-CpNgp�T B1f t.�NpER, 1.ander msY,nt tls aptton,luun tM rqM to sooetente,that 1s.dec�aro Imrtsadla'�ry due and piyable eU
<br /> su,ris fecu►ed by Mfs peed of Tn�st upon ths s�b a trar�sfe�.wtthout tha Lend�s PMa wrltlen coraent.ot all or a�y paR W th�RMt ProprlY.a anY
<br /> inter�st In ths R0�1 ProperfY. II tlraMa 6otis a fransters the Reti Property wrihout the written eonseM ot Lender.thon�Prtor to a000WraUon Lend¢r shaU
<br /> pfire noHOY to tiraMOr. Tho nOtk:e sha8 provide fl perlod Of not less than lBn(10)deYs trom the date ot the rtcUOg withtn whiCh Grar�ta rt�p paY the
<br /> • sums declu�d dua. B t3rantor tatls to p�y those sums pr►or to the explradon o!such period,Lender may.withoul turft�er n�cn Qeneoux3 cn+4�rartor. ;-. ;, .
<br /> fmroka any remedfes Permitted In tMs Dead of Tiust. A'�ate ar trar�s[er'mea�+s the conveyanoe ot Real Pro�¢,4y or a�Y�C�a ov tm�z�fS+erein: ': ,.::=,;i,!':'. : : .
<br /> whether Iopti or e4Wtable;whetAer voluntary or tnvolurttary;whother Cy outrtght s8i9�de�ed�tr�llmenl sa�Cort�m�9.C2�e�s�.'rmC?.�i t'as ctee�, r..,. .,�,.;,.,.;:.
<br /> iewhoid interest wlth a tsnn preater than throo(3!Yea*s,�ea-�oD�aa eosYxmc3.or bY sate�ass�Onment,ar txa�r 43 g�l 0�s�kYlr6a!t�t 6n or co�Y 4, ��:,-_;<`.°
<br /> � tand trust hddlrtp Utle to!he Rea�ProperlY.ar by any olAer rnq+'J eod o�ccn�lr�cso�04 Re�l Property interest. 1iow�ct�ee.t�tiC�sR�l!aeet 00 mzcs�r,d f.' "�"•���<<nµz:•I„ .
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<br /> by Lender it E1tCh 0xq�sa is tNohibited by tederelluw oo G►y Marac�sh�hdw. ';''..: • ` '`�jE,��� ; ,
<br /> i. YRAN�tr�s QYG�. '�he:okowing prot�sto+r r�.,�r+@}to 4:w 4tm�C?2Pt8 F�1 PxBperty flre e paA ot this Deed o7 Trust '`':f''� .� �:
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<br /> N�t�t 3care943�. w��+tor SheA QWa notio6 W Le�dar.as providod i?e¢�is Cee4 n9 Trust.Arior to any sale a transter W ail or paR af Hhe RropeAy . . . �.,<;�.s-_; ;:
<br /> • '!a � or BcrJ�.rf�J+r.�h Tiea GCaat Flroperty. Arty person to whom a11 or paR ot tAe Real FropErry is sold or transferted atso Shait be obUpated tm(�v0 notiCe �' f�.�.;�}t ' ,,.;��r
<br /> � W Le�x.es fasauidad m thls Deed of Trust,Rromptly atter such hanster. i �,�,�..
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<br /> , Aq1I�nCes A4t3t ifPLm3'JN. AM 8m0UMS&dvBnCed under the IOANLINBR�NRSns�4ufly Pian Gedit Agr80�:tl,up to th9 C t e d i l L�m i t.are �'' ;'.?=�
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<br /> SeCUted by ths 4T�ad of Trust.whether adv8noed Oe4ore ot eitet s8fe or VB��07 ��e Real Property.excopC anY nmou�whieh ma9 be „ ,•,�.
<br /> .'••r,� advanoed bY Len@u more thnn flve(S)daY3 after nat�ce to Lender.as Provided in tt��s Deed of Trust.that such hansfe�or salo has ooartred. ; , , ' ::.'�'
<br /> °�r�+ Even it Q►antor tramfers th9 Rea�PrapeAY�GreMOr wlli conrinue to De obligated under the Ged�t Agreement and this Oaed af Tnis!uNess lender , .
<br /> �;,ii:. -' rgleasgg Grunta In vafdnp. !�s a eondiUOn W Lendets conssnt to any proposed transier or as a tondition to the retease ot Granta.lender may • .,
<br /> �,'t':;� requlre that the person to whom the Recit Property is Uansterred si0n an assumpEOn agreement satisi8dory ta isndet and Leeider may lmpose an ,.
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<br /> e5sumpHon tee. The essumptlon 8preement wilt not enride the person stgninp it to receive advanoes unde�ttse Gedit AgreemenL
<br /> 9.YAXES AND LIENS. The toliowing provfslons retating to the taxes end�iens on the Property are a part of this Deed of Trust. i •. '
<br /> •'�•,_ Payme�M. t3rantor shatl peY when due(and fn aU events prior to deGnquency)e1 taxes�speda�tazes.assessments,charges Onctu9rq water and � , .�.�,��`;
<br /> ..:,`, �. 1wwi�.i.8i�8nd kr�:�vl�C�Or Or►eC�'QUnt 4}t�+?Prnf+arty,anA sheN pay when due a1i deims fOt work done on a fOr S�o� ' :;-� --
<br /> ' �, rend9red or mefertai tuml5hed to the PraperfY. f3rentor shall malntain the Property free ot all lieas haNng prfo�ity arer or ac1u�1 to t!w nterest ot `, 1•;s , - "
<br /> •' ':� Lender uncEer this Deed of Trust,except for the I�en of texes flnd assessmenls not due,except for the ex�stlng�ndebtedness�feRed to 4elow.rtna ' �- c�Z�
<br /> �. :" � except as otherwise p�ovfded In thls Deed ot Trust. � . , '�,:��`�; �
<br /> , Ri�t To Contest. Grantor may wHhhotd payment of any tex,assessme�t,or da�m�r.connecdon v�nih a good fafth d�apute over tla obGgation to � .,. , t.
<br /> ,'�`��; a result ot no�payment.Grantor ShW wilhin fiReen '.�
<br /> •, ,� ;,• paY so bnp es Lender's fMerest In the PropeAY is not�eopard�ned. If a lien a�aes a K��°^°° 1�. � � �
<br /> � (iSj days 8fter the Ilen arises or.it a lien IS filed.w�thln fifleen(15)days afler Grantor has not�ce ot the filing.seoure the Qiseharpe 0�the iien�or d
<br /> •,'��.,: rgqu0s}ed by�ender,depo�.•it with Lender cash or a suffic�ent corporate surety bond a other security setis�actory to Lender in an amouN suffieier�l
<br /> � to discherpe the Ilen ptus 8ny costs and eflotneys'fees or other charges that could accrue as a result of a foredosure or sele under tAa lien. In ' ' .�;
<br /> . any contest.GraMOr shall defend tlseN and Lender and shail r�absly any adve�se�udgmeM before entoroement apainst the Properly. Gnntor sheM �,��
<br /> namg LenOer es an eddmonN obl�gee under a�y surory bond lumished in the cOntast p►ooeed'"gs• T:
<br /> EviOence o!Payment. Granta shall�upon dema�d fum�h to Lender�salistaclory evidence of payment ot the tezes a a�+tts and she�
<br /> . ' a.
<br /> . 8uthodte the epproprtate governmental oHidal to deliver to Lender at any t�me a wntten stetsment of the taxes and essessmenls BgBirat the
<br /> �,�p��p}Cp��qpn. Granta She��nofity I.ender et least fifteen(t5)deys betore 8�y work 5 commenCed,8�y servioes are fumti8hed.ar a�9 ' '
<br /> �'�� metorlais are suDPtlad to tl�e P►openy,n any mechanlC'S lien,matertalma�•s tien.or other uen could be as5erted on eocount of!he wmric.sarv�ces, -
<br /> .. or mete�iels and the cost exCeeds 3t0.000.00. Grantor wUl upon request of Lender lumrch to Lender advance asswa�oas as�Gory to Lencler • •
<br /> that Granta caa a�tl wf�t pay the cost ot such�mprovements.
<br /> � 10. PROPERTY INSIDRAPI�E ThB fd�owing provis+ons releting to��sunng the Property are a part of th�s Oeed of Trust. '
<br /> ' N101nimnenCe of Inaurmke. Ciraniw shal praure 8nd me�ntaln poi�cies of fire��su�ance with standflrd extended coverape endasemerMS on a
<br /> ' reple�ment besis for the fu�Insur6hle vaiu9 Cove�ing 811 improvements on the Real Property�n 9n 8mount sutfiCfertt to 8void BpptiCa6o+�01 any
<br /> ce�nsurence dause,and with a standerd mortgagee cleuse m favor of Lender,togelner w�tn such other harard and t�abitpy 1�ru�oo as Lenaer
<br /> m8y t6BSOneb�y tequtre. If thB ReSt WOperly t5 IoCaled m 8�eree desig�ated by the D�reCtor ot the Federa�EmBrgBnCy MB�epBmeM ApB�cY as a
<br /> sp6Cial floOd haz8rd erea, Gran:ot agrees to oblain Feder8l FloOd lnsurance to the extent such tnsuranee�s teQuired and LS avaNtbie. PdideS
<br /> shet�be w�itten In torm,amounts,coverages and bes+5 reesonnbly axeptable to lender and�ssued by a company or cOmpaNe�3 tea9or�9DY ,
<br /> flcCe�teble to Lender. Grantor,upon request ot Lencfer.v�nll delwer to Lender hom hme to hme the Pol�aes ot�tes of Ynsureroe In form
<br /> � . ggUSPactory to lender.induW�p s6put8tio�thet Coverages will not Ce Ce�Oa��ed or dimmnhed without at leest ten(t0)days'pnor wd.T�an mot�10 ,
<br /> .ender. �
<br /> � �, A�p�Jeatbn of Proceeds. Grertor gtiaU prompfly�otity lentlES* of any ioss w aamage to tne aropeny M the estimated eost m QeaeR a �
<br /> . . replaeement ext�ee0s 510.000.00. lender may rr.aue�roof oi loss ii Grantor 1a�is to tlo so wdtun hiteen�15)days of the C8sualty. if,�n L.enda�s
<br /> judgmeM. the restoro6on ar tepflir is pCprtOm.Cel,y fgggipl@ and lenders secLr,ry�s not tessened. �nsurance prooeeds sheu be eppue0 b
<br /> a�stOtehon or repar ot the dsmeged Qroperty i"7ne'esta�ahCn or reDa�r K not ecuram:cany teas�ble a Lenders seCUrily would be lessened.ttie
<br /> irsvteruCe p�oo9ec15 She1i be epP��to the surn5 secureC Dy thb�ecd of Trust wne75,er or not tt,sn due.wdh any e�ccess p8fd t0 GtBntor. It ,
<br /> �-pr.�tor abandans the Property.or tloes rrot answer w+trtm tr.�r!v,30, aavs a nm�ee hem Le�08�1�8��^�e�nsura�oe eamer has ofleemd to seme a �
<br /> G+e�m.then lentler may cotleCt tne��uurance Prx�eas. LenCer mah�:se 1�e proceeCS!o repa�r c�-ast�r�the Property Or to 08y Sur�s SBCUBtl by .
<br /> 7n�s L1eed ot Trust,whethBr Or not then due. M Lerce*�e:CS any a*aCeeds ette��a�"�e�t�n full o�^�a•�0ebtedr►ess,such procesCS s�ati be paa
<br /> � to GraMOr es Grentor'S�ntetests mfly eAPeer ' _
<br /> , QDte�spiro0 insurmtaCe et Sde. Any unexp�reG�nso�e"ee sha11 invra ft!�e Dene��;,` antl P855 to.thB PurCltflS�6�tRA PrOpB�ty CW6t9d DY 4'u5
<br /> Qeed pf TruSt et eny trusigB3 Sele or other sale�C unpgr tRe C�t�`s���s o}th�s JeeO O}T�us�.o�a'8�Y�����ure 5aiE3 Of SUC��0�i�1
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