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<br /> 9, p,;;;�:c„t�, t'_orrorfcv cgrc�o Yo m::co r'1 �,^,�z�n4o an tho ccr,urA Acht r�hcn duo. UNO::oI��r o�•+c► rnd Lcndcr orroa oth��r.laa, cny i '��
<br /> � p:l;�z;�to A.ert��r reaclL:,a Prnrn Coraoe�er oa or L'airo��av'a hcr,:fie riA ho c;�p:!��iirot to ony cm�unto Eo►rouor oe�oa on Iho cacurc�cfclt j �
<br /> oxcluclv�04 In4erc�k or pcinci�cl,occond to I�ZCracr,c:::1�i�ot,¢o piiizr,Ip:L If qr.rtir.1 prcpny�ont of tho oocurc��lcht occuro for cny rc��on,14 e:;:! _
<br /> �" not roduco or excusa eny Boheduted paymans uatfl ths teoured ctebt ta paW In tuil. � " --
<br /> ' 2.f�len�A�{nat TitN.8arrownr will pay ell t�xe�,��ousm�nta,end otMr aharp�a�ttdhut�hte to the rop�rty whon duo anQ wlll d�t�txl Utl� � -
<br /> to th�prop�rtYsp aimt�ny ct�imo whlch would Impelr ih�li�n o4 tM�desd of truee.Lander mny raqulre�or►owa to�aalpn eny riplit�,clalm�ot �
<br /> � detense�whlch 6arrower mey have�pefnat parNes who cuppty tabor or metedelo to improve oi malntaln Yhe groperiy. �;-
<br /> �.In�unna.Borrow�r will k�ap the prnp�rty Inaund utid�r t�rm� �eo�ptnbls to Lend�r et Borrow�r'o�xpmu 1tb for Ur►d��'�horwHt.RH I �
<br /> iniurenc�erolioleo ehr�l InoU�de e etendard mortpaQe clauts In fevo►of l.endor.Le�der wlll ba nerreed ae loie�iayee ar es the Intured an any such
<br /> - t�ru:L�zc��u"oy.A�sy lncurc�e��racecdo m��l bo e*p:lcd, �•;Itt:n Londcr'o dlceroUon,ta U4h�r tfs�reatoratlon or rc�dr ot tho d�me^�:1�rn�e�cY � ��-
<br /> � or to tM s�cur�d dsbt.lf Lender raquires morgp�pe Cnwnnae,k3arrowar epress to m�lnteln�uch Inivrenas fo►a�lonp e�Lendn nqu`Ire�. I . ., -
<br /> 4.Piraporty.Borrow�t w�ll keep tho property In poed oondidon end meke eil repairo ro�sooabty neoeatery. � ��,,."
<br /> 6.�w.Borrow�r spress to p�y eil L�ndsr'o sxpenta�,lncludinp reasonebl�ettorrssyi'fee�,H 8arrows►brnaiu�ny aoven�nt�In thl�dud `� ,�
<br /> of tru�t ot tn��y oblipsUon secured by cM�deed of tn�st.Borrower will pay theue emount�to Lender�s provided In Coven�nt 9 of thi�d�od of It ,�._.
<br /> . tfutt. f _ '�
<br /> 8.Priar 4�c�xity Inteno�.Udesa Burrower firet obteins Lertdet'e wdtten conaent, Qottowor wfll not make or permit eny chenpes M my pdor y - __:
<br /> o�cudty lnt�nst�.Rorrowsr wiil pertorm eii ui Bmruwee'a o6Hpotlona under ony pdor mottpope, d�sd o} tru�t or ot7er oecurity epraem:rt, ' ,,�—
<br /> - • includinp Borrowu'�cov�nant�to mabn p�yment�when due. � �?�:_
<br /> :���p�
<br /> 7.Ass�mnnt of R�nb�nd ProBl�.Bo�rower efsipns to Lender the ronte end protite of the property.Unleer Bottowsr end L�ndsr hevs pnM �� :�; ,�
<br /> � . _, otherwfne in w�1Unp,Borrowar mey coileot a�nd rotel�ths ronte e� lonp ea Qorro�ver la noi in defmuit.If Borrower de}eulte, Lender, Lender'� � "
<br /> apeRt, or a court eppointed raoeiver may teke poe�aesion end manepe the property and oolleot tho ronte. Any ronts Lendet collectt shMl E� �. „ �!':; �
<br /> epplied firet to the coats ot manepinp the�roperty, includinp couvt aoote artd ettorneye• fees, commisalone to rentel aGento, end any otAer .y ,
<br /> neoeasiry rsleted expenses.Ths remNninp emount of rente will then�pply to paymento on the oecured debt se provided in Ro�anant 1. � � �'6�
<br /> ,. _ �,� �t,r�,lyiM� x
<br /> 8.LnaNhdd�•Condomkiiurtfr,Pi�nn�d Unit 0�wloprtNnu.Bor►ower eQrees to aon�ply wlth ths provialon�of�ny tea�s(f thle d��d of trutt(r on . �
<br /> e laeashotd.I�tN�de�d ot trust la on e unit lo e condomiMum or o ptenned uNt development, BotroWer wfll pe►fortn ell of Baerowe►'s d.iti�s �� ^*°E�7
<br /> uodar ths oovenante,by�lswa,or ropuletions ot the condomlMum or pinnned unit do�rolopment. �� ' , —
<br /> 9.Authnfty of L�ndn to P�efam fa Barow�r. If Bmrowsr fella to�pedorm eny of Borrower'e duties under thlo dsed of trwt,I.�Mn may '"�s;W
<br /> pe►form the dutiei or oeuae them to be performed.Lender may sien Horrower'o name o►pay ony emount if neoeasery for perfonnenoe.lf eny ��.��r
<br /> aanatn+orian on the pruperty le dieaontinuad or not ca�ded on in e reaeoneble mannar,Lender mey do whateve�is neooaeery to proteat Lendet'o -
<br /> eeouritylnteroet In the ptoperty.TMs meykiolude complednp the con�truatlon. �.,;�;.,�,,� __
<br /> Lender'o feilure to perfomi wfll not proclude 6.ender from exerciflinp ony a4 Ite other riqhte undor the law or thle deed of truet. +!��
<br /> Any ertwunt�pald by Lender to pruteat Lender'e seourlty intereat wfll be seaured by thle deed of trvet.Suoh amounta will be dua on dem�nd ��''±.:?�-�
<br /> , and will 6eat Intereet irom the data of the peyme�t until paid in full at the intereat rete in effeot on tho seeured debt. , ' '� ti�_?�!�?'
<br /> n � 10. Wta�n�nd Aeal�nUon. If Borrower fails to make eny peymant vehen duo or broeko any oovenente under th:e deed of truat o► eny � ��!. -�
<br /> oblipetion aecund by tM�desd of truat or eny p�lo► monyape or deod of trust, Lender may eooelerate the mnturity of the csaursd de4t �M S
<br /> ' dem�nd immediate payment end mey Invoko tho power of oale and nny othor ramodioo pormittcd by epatir,eble lew. ,_�-
<br /> 11.R�pwst fo�Hotia of D�foult.It la hnreby requeated thet aoplea of the notloea of defeult eM esle be eent to eaah pereon who le e p�rty i .��1.�� ,.v
<br /> __ heraro,�t the eddroas of eenh auoh Qerson.e9 set forth herofn. � � 1��
<br /> 12.Pow�r o}BNe. If the Lendsr Invokoa the power of sele,the Truetes shell(irst reoord In the offloo of the repister of deedt of eaah oounry j •:��S •�;,
<br /> ': wheain 4he trust propsrty o��oms pa►4 or peroel thr►eof is eitueted e noHoe of defeult oontalning the infortnetion required by I�w.Th�Tru�ta� �,
<br /> ;�•- eh�ll ateo ;meii aoptof of the noUoe of defeuit to the Borrower,to eaoh pereon who le a party heratq, end to other pereonr ea pro�oribed by � " :.F;:{` �
<br /> eppfic�le i�w. Not la�s th�n one month sfter the Truttee reoarda ths notloe o} defeult or two month� if the trust proporty li not In �ny • _�•-
<br /> Incorpora2ad city or v1llaQs ond lo ucsd i�ferrr�iny operetlon9 oerded on by the truetor,the f►uetee ehall pive publio notioe of eale to the persont
<br /> end In tfis mn�net preaoribod by_appplloe6le law.Truatee, without demend on Borrower, ehell sell the property nt publlo euotton to the hlyheot �'�`„
<br /> bidde�.It vequired by the Farm hlomeateed Proteotion Aot, Truetee shall offer the property in two eeperete eales es requlred by eppllosble lew. •� �'
<br /> Tru�tae may po�tpon�sale of ell or eny parcel of the property by public ennounoement et the time and plaae ot ony p�evlously soheduled ede. - .
<br /> Lender m it�d��ipnee may puroheeo the property et eny eale.
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<br /> Upon v�csipt of peym ent of the prioe bid,Truetee ehell deliver to the purchaser Trustee'e deed oonveylnp the property.The roaitials oontelned In ,��
<br /> Trunteo's deed ahell be prima facle evidianae o}the trvth of the etetemento contafnad thorefn.Truatea ehall epply the proceede of the eale in the �{
<br /> followinp ordsr: (e) to dl expeneea of the eele, Inciudinp, but not limited to, reesonnble Truetee's feea, reeaone6le ettorney/e fees and � �����N
<br /> teinstatem�nt feer, (b)to ell sume seaured by thie deed of truat,end(o)the batence,if eny,to tha pereons legally entitled to rnoeive it. • ..
<br /> 19.Fonddur�.At Lender's opUon,this dead of truet may be toreclosed in the munr�er provide by opplioeblo law for foreclosuro of mortpeyea � "
<br /> on rs�l prop�rty. I % R_�-- -
<br /> " �.
<br /> 14.irnp�ctlon. lender may enter the property to Inegeat It If Lender pivee Borrowor notioe beforehand.The notiae muet etate the ronsonable I / � �'• �c
<br /> oeuse for lende►'e inepeotion. I "
<br /> 16.Cond��natlon. Borrower eeaiQne to Lender the prooeede ot eny nwe�d or oleim for demapes oo�neutad wlth a oondomnution or othor teklnp ! �*
<br /> of all or eny psrt ot tho property.Suoh proaeede will be epplled ee proWded In Covenant 1.Thla eesfgnment fe subJeot to the terme of��y prlor � X�'� =
<br /> ��au►ity�pnemant. � }�`��
<br /> � J—
<br /> 1a.W�lwr.By exercleinp eny romedy aveflebte to Ler�der, Lende►does not pive up eny rights to later uae ony other remody.By�ot exerciatnfl � *�•t!
<br /> eny remndy upon Botrower'e defeult,lender does not waive eny dpht to latnr oonaldet the event e defeuit if it happena opeln. • •=''
<br /> � 17.Joint and 8�ww! Ll�bllity: Covlpn�n; Ruccawon�nd AttiprN Bound. All dutlen under this deed of truat are Joint end severai. Any i � ��` �,''
<br /> Borro�wr who oo-eipns tAlo desd of truet but doeo not oo•sipn the undeHVfnp debt inetrumentfel does o0 only to flrent end oonvey thet ! �. „ '��
<br /> Borrower'e Intere�t in tM property to the Truatee unc�er the[erme ot thle deed of truet.In edditiun,euoh e Borrower a0rees that the Lender end i e .
<br /> eny other Borrower under thia deed of truet mey extond, modifv or meke eny other ohangeo In the torm�of thin deed of truet or the eeeured ;, •
<br /> debt without thet Borrower'e consent end without rolonsing that�orrower i►orr the terms of thia deed of truet. ,.
<br /> The dutie�end benefite of this deud of 4ruet eheli bind end beneTit the euoceseore and essiens of Londer ond 0orrower. � ��
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<br /> 18.Notlt�e.Unlaae otherwlae requlred by lew,en notioe to Eiorower ohail be Biven by deliverinp It o►by mefllnp it by certifled mall addreased to = '
<br /> te
<br /> Borrower�t the property oddreas or eny other dreae that Borrower hae 0iven to Lender.Borrowor will pivo e�y notico to Lender by oerti6ed
<br /> mdl to lender'e eddrens on pepe 1 ot thJe decd of trust,or to eny other�ddreae which Lender hes desipnated.Any other nutloa to Londer ahdl ; :
<br /> , be ssnt to lnrxie►'e e�cln�a ea etated on pe�e 1 of thfe deed of truot. �
<br /> Any naticm ehall be deemed to nave Doen glven to Borrower or Lender whnn givon in the manno�oteted above. %
<br /> 18.Tv�nv?1r ot ttN Vr�rty a�Eor�ftd�i f�t�r��t In th�Qonoru�r.If dl or any part of the property ot eny Interoot in it lo eold or trensferred �
<br /> rilihout Lender'e pflor written con�ent, lender mey demand immediete pe}nnent ot the secured de5t. Lender mey oloo damend immediete !
<br /> - p�ymont if the Borrower Is not e neturd peroon end e beneflclel Intereat fn the Dorrower la sotd or tronaferced.However, Lender mey not �
<br /> • dnmand peyment I�the ebove s{tueUons if fE Is proNbited by fodavel lew ne of the date of this deod of truet. _
<br /> 20.R�conwyana. When the obildeUon oeaured by thla deed o}truut hes been paid,ond Lender has no turther oblipotion to make odva�eeo
<br /> under the Instrumertte orep reemente securad by this deed of t�uet, the Trustee eheil,upon written request by tAe Lander, reconvey the truet ,
<br /> , • property.TI»Lender shNl doliver to the Qorrower,or to Botrower'e sucoeasor In interest,the trust deed ond the note or ocher evidenoe ot the -
<br /> � . a4kSaUon so seUetied.Qorrowor ahall pay eny rccordeUon aoete. .
<br /> - - ZL 6uctyttor Ttusu�. Lenaer, et �enciere oprion, mey remova irustee erw eppoint o cuoaeaaor truatoo by tirrst, maainp e oopy ot tne '
<br /> " " , substitutfon o4 truatee es roquired by appliceble lew,end then,by ti�inq the aubatituUon of truatoo to►rocord fn tho oNico o}tho ropisto►of doeda - �
<br /> � of eeeh aounty tn whlah the truat propeny, or enm�part thereof,la eituated.The auoeeasor truatee, without conveyance of the proporcy, ehell
<br /> ' , oucceed to eil the power,dutfos,outhotity end titie of the Truatae nomed in the dood o4 trust nnd of ony sucuesoor tru�toe. �
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<br /> DANKEIl9 SY3TE619,iHC.,ST.ClOUD.IEN 60J01 11�800•JG7•Z3N1 fC1LN OCPb1T0�NE EABht
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