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<br /> .. FQUI�I Y�17' 4�S=v:S.itr.��'S \l`33JI.t�/�ry.�.�8 - _'__ _—_' '_'—__ ' ..' _
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<br /> C:LGLiV1 CL::��i�9�0 4'��'G'i^ij;� G`�J f:"il [I'.C3 C1Pyl GG��J[?fll3�C."."�R°_a1'.�GtiQfii;'J' C,::] G7 G:�i=i Gi"i�°J I�':1 GO!s'.�Cr;;L�C.1(1 f�".'•�G�(1
<br /> fe�:actaaur�a�c�!�under th� F'.ei. in ar�y eartest,Sru�'ar 3S�at1 d�it�r;d ltssi+f�ansf l.onG:P and et�;'I cLt::D�cr;�c�.��r;.��":'d:,:°;.1 F�°�:�
<br /> � e�tta�t+nant�aintl the Propwry. Trustat s9�i1 nan�Loii�r Q�an add:lanal obi{Q�q ur+do►eny aurafy band tu�rnlSPt4d 1�[t�c�stedt h
<br /> � pracae��n{�a. .
<br /> Evidens,�ol P�rym�o�4. Truata eh�ilupon d�mtn�f Nxnhh to I.�nMr e�tlahctary�Adrrx�of p�ym�nl d th�4xW ar auwtne�nh and ah�M • . �.:;,���..,.:.
<br /> mutharlu lhe a{l�ropdmte povemmenlal ofAclal fo da?(vor to lsndsr n!uny tlmA�wdNtn eltamenl of Iho taxa and ast�arr�nb tpUnsl!A!
<br /> „ ptpp�srty. . - -
<br /> � Kofk�a CE+nn�tbn.Trustor�haN notlN L�nd�r at fMSt fifp�n(16)drY�Ueta�any wak h comrr�rv�d�tny wrvlae ar�AKnMh�d,or�nY �: .��..,.
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<br /> • rtu�MrlaLr aro suppH�d to tha Prop�ty� H�ny m�ctwnbe lioa��ruUrlalm�B� Ii�n� a ofher K�n could b�as��Md on�ocwM oF th�wak, .
<br /> se�No�,or m�tul�fs. Trus!a will ttpon ns4wnl of Ltnder(txnlsh to lentf�t odvsncs�sstutnce�aethMctory to 6wndM that Trtata c�n and v�ill . �•
<br /> �y th�cost of such Improwmanb.
<br /> WRaFERYIf DA�IA(i81NSURAYtGE. The loitawlrp provtslom nla8np ta insuring Ih�Ro�rty ut o por9 of thts�Nd ol Trusl. <� ,
<br /> ��i�.�e�e�tnr!�ence.7�ustor st►�A procWO nnd molnGln pol{cMs d fke Imura�ce wCh�ttndud�cbnd�d covxrp��ndon�rt�nb an�n _
<br /> acival cish wiw b�sls(or tl�fuM Insuabb vatu�cowelr►p�ll Improvem�nb on tho fiwl PropMty In pn tmouM sutcid�nl to a��dd rp{�tion ut .
<br /> any Gdnsurmca dause,and w{th R alandud morlp�daus�In hvor d L�ndK. Gr�nlor th4N aFw procun eTM�l ma�^w1n cortiprN�iw
<br /> pet�al IkbWty Irnurana l�i euch cowrap�amounte�s tandM may nquKt wHh trw0��nd Lw�d�r bilnp ntmsd u add+ilon�i Irnuned�c In
<br /> such IlabWry Insurt�policfss• R►dditlauYy,Granta sh�N metnteln euch othK Inswano�.Includir� bul rtd HrtiMd tO Iklatd, OusinNs
<br /> InWrruptlon,artd bol4sr Insunnce, �e lAnd�►rrtay t�uon�btY cequ►rs. PoWcba ahall b� wriNlon U torm, amounb. ca+ruepa and bwi� , ..
<br /> reison�6ty�ccaptabte lo L�nder and Issuod by�company a companNs aasonabN��P��to L�nda�. Truata,ttpon nnt�tl ot L�ndM. �� ..
<br /> wW dMiwr lo I.ondar kom NrrN lo dr�(he poNrA�r a c�Ulfcala o1 Iruurana in torm satls(actory to L�nd�.Includinp sUPutaUOns th1�t
<br /> cowr�y�r�wW not be cinc�Nd a dimtnklwd without at laart tan(10)day�'pdor writhn natic�to L�nd�►. E�ch IrKUr�noo policy rko�IbY! �
<br /> tnc.uda an Cad�'..;:�n!pro��ld!n�tle�l cover�^e In lavrr ot lsndar will�wt ba Impalr�d In tny waY bY Yny act,omisslon a dN�WI of Cxanta or
<br /> eny other pe�son. Should Ihe Fi�al Property at any time become locatad In en ruoc d�sfOntlQd by thi Okactor W ttw Fod�reJ Ernwpmcy „ •
<br /> M�n�p�rtwn:C�pnry u �spsd�l }{ood hwrd ana,Trustor�prws to oDtain artd m�lnUln F�d F7aod Imurana to tM�xknt a�ch .
<br /> InsurnnCe Is nqulred by Lender ind Is or becomas�v�llable,for tM tarm o}the lan tnd ta tM{ull unpaid princlPt�dat�na o1 fM loan,Ar Ih� � .
<br /> � rnddmum Hmit of covenpe lhat ts avdlabb,wh{chever i�fess. .
<br /> � Applis�tfon of ProceYd�. Trusta shrJl promptly no�fy Lenda of�ny loss a dam��lo tt�Propwty. Lender rtu1►�n�ke proof d lott H T�uitar
<br /> I f�ils to do so wfthin fittoen(16)dayr�oT lhe Casualty. Whether or not Lendar'e seciuity Is Impalted,LertQe�maY.at Its eiecllan,raaetW and nWn
<br /> ttw prcooeds of tny Iruurance ond�Pply ttw procoeds to Iha reduc�oo W ttw�ndebtedneu.D+Yment Q?any Iko sftactlnq tlw Propat}r,:lha
<br /> reslontlon cnd repalr ot the Proparty. II Lender elects to appty lhe proa►sds to reston8�n tnA repalr,Trustor shaM reptk or roptaC �►w ��
<br /> cfama(pd a destroyed Improvemanb in�manna satlsfactary to Lender. Lendw shall,upon satlsfactay(xoaf of such�ndituro,Wy or „ ��'-
<br /> relmbu�se Trustar kom the pracoetls for thc�reasonable cost of reptlr a rostnr4tlon It Trusta Is not In detauN ender thls�6ed of Tiust. My +--
<br /> procoeds wtAch hav�not 6ean disbursod wlthln 180 days�Ber tlwk rocelpt and wh�h Londer has not committad to Ihe ropair or rostoraUon W , T�
<br /> the Properry shall be useoi M�t ta pay eny emount owlnp fo Lender under this Deed ot Tnni,then to pay�ccrued�nterest,and thY rartulndar,H �:�j.�R-
<br /> ony,slWl be nppllod to the prindpal balance ot tho inde�tednass. It Lender hdds any procaeds aRer payment In(uY ot the IndeDtedness,such � ��� � d��
<br /> �Mmr►e chnu ho naid lo Trustor es Trustors interesb may itppear. __��:'.
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<br />� lJ�xpirod Inwrnc��t S�Ie. Any une�lred Insurnrsce chall Inure to the bene6l of,md pass to,the purcluaer of the Proper9y cownd by!MS �
<br /> Daed of lYust at nny hustee's sate c�r oiher sate held under the provfslons of Ihls Deed of Trus4,�at nny(oreciosure s41e of such Propariy.
<br /> r I
<br /> Trusta'a Mport oo InwrY�cs. Upon request of Lender,however not more than once a year,Trustor shall fumish to Lender a�eport on each I ..
<br /> e�dsUnp poUCy of Insurance ahowing: (u)the nemo oT the Insuror; (b)the dsks Insured; (o)the amount of tho poilcy; (d)the property Insurod, l
<br /> the then current reptacement vtlue o1 such prc�erty,and the mannor af determinlnp thtt valuo;etnd (e)the e�iradon date ol the pdfCy. ' ;
<br /> Trosta stuu,upon request ol lnn�Da,huve an Irtdependent sppralser sntisfactory to Lender dotExmi�e the cash vatue replacemont cost of ths �
<br /> Propedy. ,., '�'
<br /> E1(pEN6iTURH$BY LENDER. If Trusta iails to compty wfth any provlslon of this Deed ot Tnnt.a ii any actlon or praceedtnp Is comrnenced fhat . ;.�� ; �
<br /> � would materialty aNect Londer's Interests In the PropoAy,Lender on Trustor's behalt m�y,but chall not ba required b,tttce any actlon thit Lender . . ��
<br /> deems�ppropri�te. Any nmount that Lender expends In so ddrp wul bear Intarast at tlw rate chuped under the Noto trom the date Incurt�d or pakt �
<br />� by Lender to the date of ropeyment by Trustor.All such wcp�nses,at Lender's optfon,wUl (e)bo paya4le on demand, (b)be addQd W ttw balu�co �
<br /> of the Nota and be appatloned amorp and be payable with any Irtstallment payments to becartte due dud�y eithet (q ths term of any appUcabfa ,�;;t?�
<br /> � Insurance pWloy or pl)ttw remalninp term of the Note,a (o)be treated as a baUoon p4yment wh�h wlll ba due�nd payable�t the Note's maturtty. 4 �
<br /> Thls D4ad of f�ust also wlll sacura payment ot theso amounb. The righb provtded ta In lhis puagnph shdf ba In eddlUon to any othFx riphts a�ny I . .
<br />- romadbs to wl�lch Lander may be entltlad on axount of tha defautt. Any such acUon by Lender shdl not be consbved as Cu�inp the delaull so as to
<br />= bar LYndar ham any remedy that it othurwlso woutd have hnd. '"
<br />- ylARpIWT1l;QEFENSE OF TITLE.Th9 tollowlny provlslons retaUng to ownershlp o11Ae Property ere e part ot thts Oeed of 7rust. .
<br /> Title, Trustor wurants tfiak (a)Trustor hnlds pood and marketsble tltle of record to tha Property In f9a simpfe,tree and eloar ol e0 Iiens and .
<br /> ' encumbrances other than those�et tath In the Re�t Praperly d�odDUon a in Qny tiUe insurae�ca pM�Y.UBe report.a flnal title opinion Isswd ln � , •� „
<br /> tavor of,and accepted by,Lender in connectlon wilh thls Oeod ot Trust,and (b)Trusfor hos Ihe full rlght,power,and authorUy fo execute and �
<br /> delivor this Deed of Trust to Lender.
<br /> Ooten�e of THk. SubJect to the excep8on fn the parapreph ahove,Trustor wertants and wilt lorever delend the Utb to the Propary ayainst the ; •�,.,
<br /> awtut ctalms of all percons. In ihe event nny ac8on or prooeedinfl is commenced that quesUOns Trustor's UUe or the Inierest of Trusteo or � . �
<br /> Lender under th!�Deed ot Trust,Trustor shatl detend lhe aCtlon at Trusior's a�onse.Tnrstor may be the nomintl puty In suCh proceedirp,but , ,
<br /> Lender shall be entiBed to paNCipate in lha proceedinp snd to be represented in the proceeding by counsel of Londo�s own cho:ce,snd ;
<br /> Trusta wfll doi+ver,or cnuse to bo dotivared.to Lender such inshuments as Lendor may request from tlme to time to permit such participatlon. i .
<br /> Cflmpllance WHh Lawa. Trustor wartants Ihat tho Property and Trustor's use N the Property complles with ali e�dsting applirabte laws, �
<br /> adfnances,nnd reyulaHons of povwnmental authoritles. , •
<br /> � CANDEIu1HAT10l�. Tha foliowinp provlslons re�atlrp to condemnaflAn procc3edinps ere n part ot this Deed of Trusl.
<br /> � p r�chasa nl lieu of con�demna ont e�nder may at Its'elecHon oqulre tlu�t all or anybpdrUon of t e�nat prpoceeds onf�the oward me applled tot e '
<br /> Indcbtedness a the repalr oc restcrtUon of ths Property. TRe net proceeds of the award shall mean Ihe award atter pnymont ot ell reasonabfe ,
<br /> cosffi,urperts�s,and lftomeys'tec�s IncuROd by Trustoe a Lender In cDnnocllon with the condemnaUOn. �
<br /> Rroce�dln�s. If any proceedirp fo condemnation Is fifed,TNStor shall prompUy noUy Lender in wdtinp,and Trustor shatl prampUy Tnlco auch
<br /> ateps as mty be necessarY to defend the actlon antl obl8in tho award. Trusta may be the nominnl party in such proceedin�,but Lender shall
<br /> G�tusO to bot do Ivered lo Lender suC�h IBnSWmB�tts nS may be equosted by trh�omBUm�e oylime lo perm�t�such parHClpaUan.Trustor w1A deliver or
<br /> � IMPOSI'itON OF TAXES,FEES�1iD CHAR�ES BY GOVFJiNMENTAL AUT9i0A1TtE8. Tho toGowirtp provislons rol�Nnp to govemmental texes,
<br /> teas tn�chaipes are o qed of thls Oeed ot Trust:
<br /> .. . _ _����..�w ne�.1.J T•.�cl u�ui In4c
<br /> - '• Currint Taxa�,Fles�nd Ctt�rpe�. Upon reQuest Dy Lontxfr,1 NStq�SnBn mcecuie sucn aoi:dnmina w�o�eu.w�......�»�-���-••--—•_---
<br /> whatover othar nction ts roquos!ed by Lender to pertect and conUnua Lenders Ilen on thc R2al Proparty. Trustor shatl rolmbw5e Le�dor for�II
<br /> laxes,a.g dnsai!)ed betow, toqother wilh �II e�onso:.Incurtod In roCOrdiny,p�rlecUnD or contlnuinp this Deed ot Trust, Inctuding without
<br /> �imltatlan a�l t�cos,taes.docurnentary stamps,and other charges ta recordinp or repistertnp thls Dead of Trust.
<br /> Ta�ce�. The idlowiny sheli constitute taxos lo wh�h thls secron applles: (a)B�poclflo►ex upon thls lype o!Daad of Trust or upon alf a any
<br /> pgrf of tAe Indebtedness cecumd by thi�Deed o}Trust; (b)a speci0c tax on Truslor whtch Tnnta Is authalaed or requl�ed to deduct hom
<br /> � paymenM on tha lndobtednes�6ecurod by thls fype of DOed of Trust; (o)a tex on Ihl�type of Dsed o1 Trost chFUpoabb apainst the Lender or
<br /> Iho hdder of the Nota; and (d) a sped8c UUC an 411 a any paUon of the In�ebledness a on payment�ol pdnalpal and Interest made by
<br /> � Trustor.
<br /> Sub�quent Tl�cls. If nny tox to wh�h this soclion appile3 Is enaCtad subsequant to Ihe dctu ot this Deed of Trust,thls event shal havo tha
<br /> sart�e p14eCt ns an Evant of Dofauil(as daflnod helow),and Lender may ex��Clso any a n!10l its avaliPbte romod�s tor en Evant ot Qetautt as
<br />- � provlded hr�low un�Trustor eHher (a)payB the tax betae if bocomss delinqueitl,or (b)contests the tax es proNded above In the Tuxos nnd
<br /> tJons c.ecUon�nd deposib with Lender cash w e sutficlent Corpatte suroty bond a other�ecurity sa�ISlnctor�to Londer.
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