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<br /> . •• Oi•12-96�4 DEED OF TF�UST �4 1A��iZ Page 3
<br /> ,'�':. • - Loan Pio t64 (C�r�tinue�) +
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<br /> • ,�.�b•+y'•y� _ _
<br /> . ,.:f�,`�'.`�`��'...• rtry r�w�onaby n4uk�. Pofld�t fIW br wrflNn In lam,amounb�cowra7M tnd btNs rNtontby�oo�phbw to L�nd�r eM Wu�d Gy a
<br /> _. , . oompanp a n�ao�M t�bN to L�rtda. TiuWor.uPon rMw�t of I.�ndw.wIN dWwr to L�nO�r tom MrrM to Mnw tlis poNdM '
<br /> a oMM�o�ws�na M tam�aU to l;m�r�Nbludkp WPukNorM thRt cowr�w11 ra1 b�a+�oM�d a�h�d wNfaiA at
<br /> `.�.� �.. . , � i�st Mn I10)d�ys'prfor wrNMn eoYcr to I.�nd�r. Hacfi insunta�pai�oY aisp�h�N Inc(udo 8n�nrlon�meM provldlnp th�i�owtapb in favor M
<br /> •s:.:� �.�,�;:�:•;' Land�►wW not 6�M+p��d ie�arry way b�r anp�af.art�ion a 6okuH ol Gkonta ov any oli�:► . Etw�Ct1 ttto RJ PimA"-rN et eny 8rtr� :i r
<br /> brooaM IacaMiO in�n�dMqrwMd by thr Olnctar d th�F�d�nl�nN�p�noy Man�pmrnl�a a Aood h�ard r�Tn�Ita
<br /> ��:��._,��,•y, ��to obWn an4 rtwkiWn F�dual Fload incurara�to 1h�rxNM woh kuunna N nqutnd Oy tac�de a i�a b�oanw av�Ybb�lor ths
<br /> '.,�4:� ,`T`,�� ��� 9rm of ttw lnon and tor!h�fuN unPtld OA�pM baltno�d IM loan.a th�muimum NmN of covwep�Iha1 b w�N�bt��W�I�C�IMVM�d 1�. �:::1�
<br /> a Proa.A�.Tiu�tor sn.N vromatly�N I,And.r a �r�o..a� d.aMO•w nn PropM�►. una�►m.y n�Yco poa a�o..N Tn�
<br /> ''��' ,-,; � ' �.� to do�o w�l�in AIMm(16)daya d It�c�suYt1►. WhsHwr a�ot�l�d�acurNy b impak�d�LN+der maY�at ib�Na11on.noNw and MNn ,;�;:;
<br /> .��:;:.. . . .:,��, nw aoo..a.a.�r w,�,rar�o.a�a+�vN�a��tn.�uaron a aN��a�e�.a�.es,am�•�►+a a�r w�a�c+x+o en. .a m. ,...
<br /> � naaaron�r�d nQN►a th.Proqry. �f L«,a�.wel.w appy►n+.proo..a.to wttoratio�.eo naat4 T�a Uue�nost►a�aa�h� .�,�,:
<br /> �w,���;t.: . :_,,�..�:� d.m.ab or a�ro�a�mp�a�rt�d M a m�nn.r��eboro co�«�a�r. wRd«.n.o�upon xw�ocon a�ooe a wcn.o�di+ur., r« �.
<br /> „ , �Mrtibtrw T�urtor kan tla procwdt tor th�n�san�bM cat d npdr a nRtaratlon M Tnstar it not In a.+aw una.►n,�o«d a TnuC�m -
<br /> �:�� � ,,:,.., :��' �.=. pr���wttich havs no1 bMn dkbas�d wxhin 1a0 days�tIK 1hNr no�IO�and whtch t�nd�r ta1�ot aomn�i6Md to!h�npalr a n�torstion a
<br /> x��• ° ih�P►opwty stW b�wad tkst to WY ae1►unouM awi�g to l�ndK under Mib OMd d TtutlL tMn to pty axru�d Intmst,and th�twn�lndM'�B �i:�
<br /> ' ,� �np.shM bo�PP�d to th�Odndp�battna of dw Ind�badn�. it LAntMr hotds am►P���WY�In fuM of!f»ind�bNdn�.woh
<br /> ��'; . � prooMds shY b�p�W fo Tiusto►a Tnators k�Mr�b m�Y�P�
<br /> 4, ,. r, paa pt�op�y
<br /> , D�T�nnt a�t u+iy�ku t»'a iU�ryx ol�s�M hMd ur�da th��prorhtorr d�hb�OMd d Tn�st,a a m�un s�N af wc�►��thf�
<br /> �y�.;.�.:''=.'.. ,,.. ,'�:;
<br /> � ��• trompw�p wIM�Ddf�G►O lnd�bt�rw�o.Dulrg th�pertod in wt�ch uq►E�dstlnp UM�bl�dnw d�scrib�d bNow is in N�Ct,canp11tno�wNt+
<br /> ��. . •�r. dM fnqranw OroMdons cor�in�d in llN Instrummt�Ad�cin0 auch E�sUrp IndebUdrtas afW cons�tutr aort�pYtna wNh th�l�trtria �,
<br /> ' �� provl�kxis under thb OMd d Tn�st,fo th�exla�!oonpYanoe with ths txrta M Mis Daed d TNSI would consUtuts t d Son ol�nsursna � .
<br /> �'�, .-..�..r �4�w� �y�m►Pr�p�ioo�Nds'rq�t qyab�ro�ph�d t�np Indebbd InaSS. Dsed of Tnist to►�of prao�oda ehaN ,.
<br /> apwr«rr vo�«� a .
<br /> � �� ' �IOlTMiEB 8Y LENDFA. It TnAtor taW to compy wfth am►proNston d this Ce�Q of Tn�st,Indudtnp ar►y obliD�tlon to m�Mtun E�dstl� r ,
<br /> � IrWobMdraa M{�aod q�ndYrg�s oqulnd bNow�a If nry adlon a Praaedinp b eommeno�d thtt wouid matert�W aflect 4ndsr�Mt�ats in ths - :
<br /> • Prap�AY�LnWa�n Tnntde b�h�M m�Y. but shal�t bs roqufrrd to.tok�any aeUon thtt Lsndet Goems apProP�� ��M that L�nda ,`
<br /> � . . �nds�n eo doM�p v�bav Ir�at u ttN�W chnrpeG�mdr tlw Ltsdit Apreem�M irom ttw dam tneurtW or O+ld�by �o nr a�w at >���:''�`
<br /> � . ° �.y►„�by T�. a auon�nsa,at Lendere Wbon,wIA (t)be PaY+�b on demand, cbf�•aa.e to cn.wr.�,c.a n,s«.dx rM a�a a -,�
<br /> , , appaffawd afionD and be MYab wtth arny iratarrtwnt WfrrMms to become due durinp aith�r p)tlN torm of anY�PP��Insusna PoYO�t ar (Y)
<br /> th���nal�rq�form o!th�QmdEtA�ee menf,ar (e)be trsats0 a�a b�lloon paymenl wMch wIN bs dus and p�yab{�d tfw Q�dtt Apra�rt�nt'a .
<br /> � msturUy. Thb De�d d Tnast 11so wiN s�eunpaYmerd of tl�ess amounls. The riphb provldeG!or in thls para9raPh ahtM b in addWa�toany otMr t� ,
<br /> ' �ights a ar►y nrtwdhs to which Lsndar may b�eM�d on�awt[nt ot the default Anp such aetton by I.Qnda shiM not b constrwd as wxinp th� F
<br /> . dMrtuK�o as fo br L�rida trom any romedy that H�lhe�wiss woutd liave t�ad. �� �
<br /> �..,, {1yAqpANT1f;�FpN88 OF T14tE,Ttp toAowinp provisions reiodrp to ow�ship of the Ptope�ty 8re a part ot this Deed ol TtuSt.
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<br /> � ��� Tip�. Tnntor wartaMs Uu� (U Tn�s4or Iwtds pood and rt�rkatable tiUe of recad to tlw Prope�ty En tee stmpta,trea and dear M�t iens and .
<br /> .. ,, . �ncttmbrat�ces�INr than tAose set brth in the Reat Properly descdpNon a in tho Fadstlnp Indeatedness sectioa 6elow or tn nrry tltls ir�xanca ,:�
<br /> . „ " ��1�p�,�ar�M ttuthotfty��ex�CUfs nndMdeYver thv�009d�tn�st to�L�e n�!n eonneeNOn wfth lhis Oeed cH Tiust.and (b)Tnntor has tl� ;
<br /> pelrnM pf TIU�. SubJect fo tAs exceptlon in the puegreph above,T�vreranb and wIY forever datend ths Utta to the Prap«y a0d�ut ttw '., �-,
<br /> ' • taw(ui q�ims of ar presons. In tM�Ant any acibn a proceadirg b commenoed t1+at quastfons Tn�sta's titla or ttw intp�st of Trutfw or .,
<br /> � � �+�nda uadu thb 0»d of Tiust�Tnistor aMM debnd tfx�cHon at Trustore e�snss. Trustor may be the nomlrwl parly In wch pra+�dinp,but
<br /> • LM�d�►�f W b�e�ttl�d to parlkiptta in tA�procMd►rip and to A�reptssontad in the p�aooedinp by cour�i ot Lend�s own ohoia,and
<br /> Tnntor wi�dWwr.a caus�to b�dNiv�nd�to lsnder euoh instrumenb aa L�nder maY�e4�irom tlme to Gme to pormN auch Pt�1ldPailan. ,
<br /> `; ' C�anpwne�WNA Lar�, Tntttor wartanta thtt the OroPe�h�and Teustors uss o4 th�PiropedY comPYes wtth aN�dstlnC aPD�►t�Inws.
<br /> '>4:r�.... . c�.� Of6f WIOM,�fld hQWYt1011�Of pOWrtltMflt�l atdhOdt(pS.
<br /> , `:•� � '�.;��. , .. 0(18TIK0 IkDE8TE0NE88. TM foNOwtrs�Provisions eonoerNoO exbfir�Mdebtedness(tt�e'E�dstln0lndebtedness9 us a parl af Ws O�ed ol
<br /> '. ' ::�,;:i:�:� Trust •
<br /> _.. . .�•�i.y;r'•;r� .
<br /> � FaOstM�p Lkn. 9'h�Oen of tHs Oeed of Trust socurirq tfr Indebtedness may be eeeonduy and Intedor. Tnistor sxPresslY cownuda and
<br /> prw to pay.or a»to th�paymerd af.ihe�tlre Indebtedness and to preve�arryr defautt on sueh(ndebtedness.tny default under the
<br /> . .. IrKirurtNnb�vidancin�wah IndebNoln�,ar M►doiauN under am+seotxllY dxuments for euah indebtedness.
<br /> No Modtflcallor�: Trusta ehall eat enter trdo any aynemoM with the fat0er o!any mortpnpe.deed ot trus1.or other neeWiry iqreement whtah
<br /> , . has pr�o�Mfl owr thb�ed of Trust by whlefi thtt apreement b madiflad�amended.e�dended�or renewed wHheut th�p�ior wrtttsn conseM ot
<br /> . L�r�. 1 n�sta eh�1 rwtll�ro4uest nor uroeDt any tuture advancos under nnY 8uch eeoudly aproement without th�P�io►wANen conseM of
<br /> ��' L,�ndn.
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<br /> COppFAAWATtpN.qM{pYowinp prpvlsiorp reltUnp to condemnadon proceedinps ere a part of thls Deed of Trust. I
<br /> =s�-� AppHp�Epn p!1�tet proceed�. tt aH or any pnrt of the Propedy!s condemned by emtrcent dometn proceedinps or by anY P����D a► �
<br /> . puoch�v M liw d eondwnnetlon,Lender may tt Hs etecUon mquirs ttwt all or nny patlon ot!he net Proceeds of tla ew�M bs app8ed to the
<br /> :',`'�•• indmiedrwss or tha�apoM 0►�astaaflon of!h9 RroPartY. 'ih¢net prooeeds of tha award shaN mean Ih9 award aff�pnYment af ap roasonabW
<br /> ':`- �' - coyt�,�Y�s.and�ttomeys'tees iraixred byTrustee a Lendar in connectlon wHh the eondemnaUon. •
<br /> ';�.J,U
<br /> {� �� • P�oeMdinps. tf aey prooeedinp M cond0mnatlon is tUsd.Tnistor slieA prompt�r noUry Lendsr in wriflrp,and Tntata shtN prompty fako such
<br /> , et�ps as rttay ba neoass�ry to Qefend the aaUnn and obtafn the awud. Tnistor may bs tiis nominat paAy tn such prooeedinp�but Lender btia9
<br /> • " b�eM►tpd to pardcaate in th0 prooeedinp and to bD represented in the proceefiina by counsei of its own choke.and Trustor wIA deiive►or �
<br /> � ; �� caus�to bs d911ver�d to Lendx such Instrumerds as may be tequested by ft hom tlme to tlme to permft such partlelpatlon. �`'
<br /> iMPOS�ITtON OR. TAlIEB�FEES.AND d9ARGES.81f GOYFANMBNTK AV[MORITIES. Th�foilowJrq praNsto�retabnp to�ovemmernel taxes. '
<br /> bes and c�n►Oe�an a paA dlMs Oesd Of Ttus� i
<br /> y��� CurtwM Tis�Fps�d CtWrpq. t�on reQuast by t�nder,Tiustor st�ll�ecuta such documeMs in addtUOn to Ws Ooed of Tnnt and taka
<br /> �� � whaM�wr otliM acdon te n4u�slad bY Lender to OeiN�t anC cor�lnue lender's Iten on tAe Reol RoperlY• Tnator shal�elmbuse I.ender for eN �
<br /> t �t�M ttxYS.f�bK.doeu� mYf�ntN►Stampa.�chat6�s tor�reg�terinp Ws D6ed o�i Trust eed af Trust.fnctudlnp wtlhout ;
<br /> � �u�����nv u�n..e a�e Tr� (b�1 aa��i on T�wNeA Trustor is�at►thained a reqt�ed o�dedud trom �
<br /> r. . payrtNnLt oa ih�IndeOUdn�s!seaired bY thls lype of Oeed of Tn� (a)a tuc on tNs 1YPe ot Oeed ot Tnist cherQe�bb e�en�ms�enwr a
<br /> `—
<br /> .,.,. .�,�,:_. _ .� aw�x�w a u�uedt Apn�r►�N:and td)�sPodbo tax on vl a anY PatlOn ot the tndobtedness or on payrr�nta of prtndpal and interest
<br /> " mtd�by T�utar. �
<br /> , • . Subwptl�t T1ima. 1!�ny t�t to whlch tNs sectlon aPPYes b�racted subsa9uont to lhe date ot this Qeed d Tnest,thb ewnt sAaM have the �
<br /> eam�MUct�a�n Ev�t of ONadt tas do�n�d bNowb and Lendor ma�►a�oerc�anY er all o!►b av�tlnbte�emedias for in Ev�nt of Oeftult es
<br /> . bMow unllsti Tnnta�Hhr (a)P�Ys tA�f�c bMas R Oscanes deBnpt�enl.a (b)contesb ttw mc as PTOVIded abow in the Texes and
<br /> „ �sa�lon tnd a1P�wiM Lender�sA a a SufAdert corparata steely bond or otAer seaurity snt�tact«Y to Lee�Oer. �
<br /> SECIii1TY AQ�REFMEIITi FINANCING 8TA7F�AFJii`8.Tflp t0anwlr�prOVls�f�s rolatlfp t0 this 0061!Ot Ttust as�EeCtMt�►aOtAeP��Z aro�patt of �
<br /> . U�s DMd of T�usL
<br /> l�eterldr A�rNn�N�t. Ms Ir�strumertl ahN eomututs�seeurfy►t�eem�r�t to the extem anr of the Provab eortstihdes coctures«other
<br /> . p�rsOryl prOpaty ufd L+�ndu sMf fwN tY d tM riphb of�aeeured parry under Ua Undorm Comtne�ci�l Coao as amonded kom tlme to ,
<br /> .. . ._ �rIN�. ,
<br /> � � � ��° a�e�.Mr��. u�now•�br�.Tnasta stW�ueub If�ndnp��and f�what�oth�r actlon b ro4uat�d Or Landw
<br /> tp p�l�et and eo�inu�lend�'s secwlly Inlenst In tM R�b and P�ersontl P►opeAy. In additlon to recotdinp fhb CMd ot Tneat In Hw roW
<br /> .. prap«ty nemds,L9rtd�►mar.�t aml�ms dnd without flutRa authairaNOr�trom Tnnta.tite executod cou►►terParfs.coPMs ar►eAroduclions ot
<br /> _ ' lNs O�ed d Tnxtt as a flnandr�p 6tatemenf. Tnuta shall reimbuse lendar for e8 expenses tneurrod M perteett�fp or eonUnutnp thb seeurOY
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