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<br /> '!� , �,�•,�''.�? , � ,,. , 4 ; �' L�sA32.i2 � '�and � rar�¢atlmadtit �r tztl�xtit .it�r �N�?:� ' ..;,;.�..,.,.;�l✓��v:--
<br /> ' �. ..;,.,,.r;r;;��,, ,:t,« ._ , ir.b the odglnat Ddncipal amount oi 5 .�:. . �'�`'�", �l!'... ���!�'�� :.
<br /> ' "tftereof or thereto and erry ana aT!tuF,arc�advanca9 an�l.rea6vances"to Bor�oue��or any o!them d inar�+.�l�rlfii� ' ::':.
<br /> '.` �',.�� ` urauaot to one er more promissory not$s or credtt agreame�(heretn calte0"t+Fuiia'�(b)U+e payment of o9`o�i:`6umcs , �' '� r�•``
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<br /> �'? Lendertaprotecttfis�uriryoTthaHota�(c)lhapedottnanceofellcovanantsandagreemsnteatTrust4rsetforti�lierein;artdttf��&�1 , , �
<br /> � �>,, pr�serit snd tuture Indeb�aad obllBstlons of Boaower(or any af tt�em if more than ona)to tsnder whether Qlrec�tnQ`.�, . . �::` :. :
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<br /> ' ��'���%� ebso(uta ar canUrtgeM and wtiether edatng Ey nate.guaranty.overQrati a otherwiae:The Note,WS Deed of Trust an�any and al! "�'��f�= . :
<br /> - �,'`:`" ott►erdoeuentathatsecurethe[YqteorothetwPseexecuted,InconnecUontherewttte.tnGudirtgwlthoutlimitattonguarar�es,security ,
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<br /> � �� • � egreements and assfg�ments o4leases end rents.shetl be reterred to Aereln es the°Loan Documente". ..
<br /> . . .. Trustar covenants and egrees with Lender as tollows: : � '"`:
<br /> . • . . 1.PaqnNnt a�hid�dnaa.A�I trtde6todness secu�e0 heceby ehall ba pald when due. , i:4 .
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<br /> ' Z.TiH�.Tcustor is Ne awrter o1 the Property,has the rtght and autRoriry to convey Me Praperty.ena warrants tAat the tten ;.�,•�.� . �_;�,:.-
<br /> ��� - cneated hereb is a ilist an0 p�tor Iten on the Properiy,except tor Ifens and encumbranees set fortA by Trtistor in wriUn�and :, �
<br /> � detirere0 ta 4ender befare exeeuSon ottfiis Deed of Tast av�d the execotian and detivery ot thts Deed o!Truat does not vtofate any ;..' �' ''�
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<br /> ,.��:. ;v. � contlaG or ather oClig�on ta wP�icPe Tiusiar ts subsecd ,�
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<br /> '•'��`�'•c� ' n 3�Tax�.AssNSeac��.To pay Oebre Qelirtquc�r�,y aD taxes.spectal assessmc�e►TS and ell other charges agaast the Property . `�_��
<br /> �� �; ;� , rtouP or hereafter tevlea ' � _ .`—
<br /> �' � 4.t�wranet.TOkee�BiePro�ertyinsuredagainstdamagedyfue�haiarQsinctudedwit�intR@term"exffi+idad�?agd'.ar�
<br />� .. . sucA o�er hazarQs as Lender may�equir�in a�0unp entl wttR Wmpantes ae�ep�aaD[o ta Lertdae.rramfng letider ag an ad0i�one! S�
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<br /> • - ��. '� named trtaured.with toss payaDte to No LenQer.tn case of toss under sueh potiWes,the Lender ts e�AOrf�d to�ust�oltect�nd ;��-�
<br /> ' :`` � �' � compromise 80 clalma thereunQer and 8ha11 nave the opUon of applytng a!I 4r part ottRe insuranee proceeQs h to any tndebtedrtess ;�,;, ��;,���,���__
<br /> :.`.�K:<.:,.:: �� p Aert!► t;�.•''.
<br /> ,'t ,,r<,�:, , securedherebyandinauchorderasLendermaydeteRnir.e.(iijtotheTrustortobeuse0forthere airarrestars�ff�i¢f.olthePro , ._. .._
<br /> -- ' orpi�foranyathe�pur�soseorabjectsaUsfaetorytoLenderwittioutaitectlngthellenotthisOESdolTNSStor@:st�4!�moiuftsecured +'�^-• y � '�' '-
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<br /> :•:•. . ':�,,; hereby Debra such paymQnt ever taok place.My applicatton of proceeda to InQebtedness shalt not extand or poStpone the due � ., . �
<br /> •�,;-„� '��'r'.�� date of any paymenb under the Kom�,or cure any Qofauttthereurtder or hereunder. � ' ' •••
<br /> � '`" • S.E�uaYr.Upon wrltten demand by Lender,Tius4or sh�Il pay to LenQer.tn such manner as Lender may Qeslgnate.suNi�. r ;�,7�#�.; �' ` • _
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<br /> ,� • � ' '' sums to enabfe Lender to pay as t�ey become due one or more of the taltowing:(�all taxes,assessss�ents and ett�r chargas ag�1t�2 + �,�.��„,y��>{i���:,� ,. , .�;
<br /> �:t4f�';`I : _�,� •.". tlfe ProPerty.(I�the premiums an the property insurar�ce requtrEd hereurtder.and pii)the premlams on anY m�artgage insuranoe Zr;(��i:;,<<:1:;:;S'i':���',•,� • j..
<br /> r'ft.:.:,; ..f - � reQulred by Lertder. �d.., _
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<br /> �-�%,�r�lrs`�•';`;•::�'4�i,�?'ar?�';,:: 8.Y�Int�fu�sa,RopaUs anm Campllartce wtth Lau�a Truator shall keep the Pro�erty en gcod conditlon and repair.�t+�11 , �'�'�� ��'i;l�i;��.��,:' -
<br /> � �.";�r�{js;, .:;��1�Nr:;�7�:'; Pramptty rz3pa(r.ar reptace a�sy Improvement which may be damaged or destroyed;shall not Commit or pprmit eny wa�e�r ,;;;.,f,�t.,�l � -
<br /> ` �'�'�(��i .``i;,'�`i4 deteriaraUan ot�ttse Properiy;shatl not remave.demoltsb or substan8alt altor en of tfie Im rovas�nffi on tha Pro .sha1G not , �(}��� �_
<br /> � i..r,r��;,�,�: . Y v � ve�lr ,,;�.- . ..
<br /> : . ,�.,, � . . comm(L sufter or�ertnit any actto be done In or upon the R�ropetty in vtalation ot eny law,ardlnance.or regutatlon;and shalt pay and ,
<br /> . `� 'i:�+`;':��:� • • promptty discharge at Tivator'�cost ertd expense all tiena encumbrancea ertd charges lovted,imposed or esgesqed agalnst t�e �
<br /> , •..s�:° ProAe+N ar arty part thereoL '
<br /> `��•}`� ' 7.En�kf�nl Oamain.Lender Ia hereby assigned all compensatlon.awarda damagas and other paymenb or nalief(here�nafter � . . ��=,
<br /> - :.r, . . _ . ' "Proce8Q9'�InconnecUOnwithcortdemrtaUonorotAertakingotthePropertyorpartUtereof.ortorcomreyanceiniteuolCOndemna- . 1:�•
<br /> �• • tian.Lender shatl ba entlUed at i!s optlon to commence,appear In end proseCUte in its own name any acNon or proceedinga artd �� � . . _.
<br /> � � � shafl atso be entitted to malce any ccmpromise or SetUement In connecdon with such taising or damaga.tn the eveM erry poNon of i . .
<br /> �'r�� thp propeRy is so faken or damaged.Lender shall have the optlon,In its sate and ehsatute dlscretton.to appty all sucl�Ptoceods, i !;y�
<br /> �t�� afterdeducdngtheretr�om a�l custa artd expensee lncumad by It in conrtectien wltb such Proceeds.upon any tnded�eQnesssecured � • , �;5
<br /> '{`�! hereDy end In such ordor 8iD Leader may determine,or to appfy all sech Proeeeda,aRer such deductton9.to the rsstoratlon of the • •
<br /> ' -.Yry�s:�':•.. .
<br /> �',�-` ; 2 •. . . ::'�:t,,:' Praperty upcn suchcandi�nns as lBnQer may detem�Ine.My appllcatton ot Prcceeda to indabEfldrtess ahatl not extend cr pastpone . . ' �
<br /> 1 : ;;�. � tne due aate o!etry payments andsr.t��€Note.or cure any default theraunder or hereunder.Ai►y unapplled tunds sha11 be patd to 1
<br /> � '''�:' +. T�ustor. . �. , .. , . ' ,,
<br /> 't'�1•.., �' '� g pH(�nnases�y�actp::upon the oecurrence ot an Evont af Oefautt hereunder+or It atry act is teken ar tegal proceeding �
<br /> :"��"�•���` �� � � commencedwhlebmatodaltyeNecbLender'slnteraatintheProperry.lendermuytnitaowndiscreHon.dutwlthautabltgaUOntoQo �
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<br /> }{.,;:,.=.`'.;,�'�;:•.:.• .. ca4 and without notiee to o►demand upnn Tnistor and wlthaut refeasing Truator ham anY obligaUon,do any ad whtch Tru�Uor has �''' . .
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<br /> , • � egraed I�ut fatts t�Qo and may atca da any nther acf lt desma neceasary to protscf the seeurity hereof.T�ustor shalb immedlatety
<br /> � � . upon demand theretar.by Lender.pay to Londer aIl custa and eYpenses Incurred end sums eupended by Lertder in conrteetlan with , , ;
<br /> ' . th9exercisebyLenQerofthetaregalog�tphts.toQetherwithinterestUtereon8lthedetaulireteprovidedinthelVOte wtdcAShall�e � •
<br /> • . added to the indeDtedness secured hereby. Lender sHall rtnt Iacur arty liabl�ity beGause o1 errything it may Qo ar omlt to do � � f
<br /> • • ��. •� hereunQOr.
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