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<br /> n. mu n�.«o� ❑... t� Proporty fn�oo�vcpc3►cnd ohcll not co�nmp v�n�to or pormit impciimont or dotanorntion of�ho Propuity. „ ,y
<br /> ,. I�tbal�rrowet�i¢:Ia to: (al molntcln or p�y lho prcr,ifumo fm lho rouuuod inouronco ol tho Proporty,o�(bl pay tnzo�hofnm dctnup�nnt,or (1 ���
<br /> to)p9y u�ty nnrAunt duo undor o prior mortpopo or truet dend bo}oro dalinquent, or ld)malnt�ln tho Proporty in Aood ropal�, or Inl poricrrn I ��.�
<br /> nny ul the oovonorrto or npreamento ot thla Trua�Oeed,then the Lendet moy,ut ite optlon,pey such fnourenae pramlumn,Iaxas,mortpapo = .
<br /> � , , or uuat deod poyrnente, or moke repnire aad disburoe auch eume erxl toko euoh ootion oe M daema noceooery to protoct na intareat�vFthout . __
<br /> wcav�np o�nlfoctinp ito ripht to dnclnro m dofauit and accolumto tha Aobt oocurqA heroby boouuoe of ony suoh fdduro of tha Rorrowo►. Any ��: ,
<br /> nmuuntu eo diaUutneQ by the Le�xler ohell con�litutu edditlond indo6tedneae of the Fio►rowet oecuted by thie Tniat Doacl AnA oho!I boo�mterent •�C??"'
<br /> '� Irnm tho date ol binburoomont ot the rote poVahle under tho Note. Nnthinp comeineJ In thin pemgroph ehell roqufro the Londar to mnko eny --
<br /> .u�h di�hurcamantn nr leke nny naUnn w•hntaoovar. i �'T
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<br /> �� � 6. Tha I.m�dor moy maka or ceuoo tu be mode reeeoneble entrfea upon and invpsution ol the Property. , �.,_
<br /> i The procecde ol eny owe�d or clufm lor demapeo, diroct or conee4uentiel, fn aonneation with eny condomnotian ��r othor tek�ny o1 tho �•
<br /> . � Prcperty.u�pan thereof,ur lor oonvayence in liou of condemnatlon,.ue heroby ess�pned end aho!1 be peid to tho Lendo►tu the+nxtont of the .
<br /> lull mnount of the rcmeininp unpeid inclebtednese eecured by thie Tr iat Deed. ,� •� . -
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<br /> If tho Propony��ebendoned by the Borrow�t,or,i1 elter ootice by the Lende►to the Borro�ver thot the condamnor olforo to reioko an ewurd �
<br /> or uettlo a cleim fm demepeo,the Boirower fwb to rocpond to tho lender within 30 daya eftor tho date euch nouce�s mcil�d,tho LaiHler �,.
<br /> is aulhori[ad to oolloct end opply Ihe p�oCl�ds�o the sume aer,ured ay thia Trust Oeed. 4�iF�:
<br /> Condumnn�fon D►oceada or u�vu�de ahofl be craditod to the la�t mat�rinp Instellmonts ol the indobtedneae aecurod nnd o1af1 not extvnd or "
<br /> postpuno U�a duo dete ot tho inntothnontn rofurred to in parsproph 1 huraol or chanpo tho amount ol�uch instoltmontn. '�.'!
<br /> p. II tho Le�wlet IsSUna e pnrtial relOnoe ol th:n Trual Deod,lhe proceede rocmved thetefor eholl te cradited to the last matutmp msxnllmonta nl ^ ,� ,,.:_ _
<br /> . the indebtodneao eocurad hareDy. , �
<br /> 9 If tho Lender oithor voluntorily or mvoluntoniy becomos a pnrty tu any 3uit ar lapal proeeodind rolntlnp to the Propony,Noto oi tiiie Yrust OoeJ, I ,,,,,,�y�=�_
<br /> thon the Borrowor wdl�aimburse tho Lender for ell coets ond,to tho axtont pormitted by luw,roasonoble etrornoys' toos�ncurrod by tho I ,��T.;_= -
<br /> Loudnr rulounp to such sud or lopnl pmcoedinps and said sums shull�.onstitute odditionnl�ndabtodnoss sacured hy th�s Trust Doed nnd hoa� �,� : . .+ �
<br /> �� mtorest ut thu mto puYablo undur fho Nota,untd paid. , r.
<br /> 10. Av eddiUOnai aocunty,tho Borrowor doau hareby nssipn,trnnsfer en!set over to the Londm,in case of deTeult In the porformance ol any , ,�•_=-
<br /> ol the torms or conddions ol th�e Truet Oeed,tho Noto or the terms of uny indebtednoas oocured herohy,nf�of iho ronte,rovonuos�nd ony I �;yQ
<br /> , �ncumo ol any�ypn whatsoevo�to be derivetl from the Proyerty,indudinp land contrnct peymenle. The 4bnder,in pareon, by opent or by . .� �Y___
<br /> - - � iocorvor,wrthou[repmd to tho uolvoncy or insolva�cy o1 the Borrovror o�the vatuo of tha Property,sholl be entitlod to taka poasesslon of, - :., �,
<br /> ' "" ropnir,rnnt ondrnoi�epe the Proportyond m collect the ronta,ravenuos nnd income thorelrom and it muy pey out of safd incomoa�l oxponses ; << ___,- �
<br /> of ropnir and costs incurred m rentinp end monnpinp the Propony c.nd colloctinp ronts oncl lor poyment o}insurnnco promiuma�rUh onV ��
<br /> r�mauiinp 6ulance to bo applie:d to the last mniurinp paymonts ol tho debt oecurod horoby. Upon presenliny e eopy of thls Tnist Deed end •
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<br /> -- •� „ domand to any losseo, tonant or contract purchasor of tho F'ruporiy,sucli porsnn uha�l poy oll ronte,paymonts nnd prolils accruod o+ • , �;
<br /> • thorooftor occ�uinp to tho Londer unul furthor notico Irom tho Londe�. �� �
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<br /> 1 1. If oll ur ony paK of lhe Proporty ar ony mtoreat thermn is deeded, saloly 4y Innd coM�uct or othmwise convoyed, alienated o► �urthor y�h:y�ALd!s�
<br /> encumbnrad aither volu�tarily or involu�tnnly without tho Lendor's p�ior�vritton consont, oxclud+np le)e transfo�by opnra�ion of law upon t' �
<br /> the doeth of a�oint 7enant ot(bl the prant ol eny leasehold intorost not conteimng an option to purchnse wltA n looso torm o1 two yoars or -} '• ,�
<br /> � loss,or(cl the croation of the purchase money socurity intorest in housef�otd oppi�ences,lhon the Landor moy,ut ita option,declate oll�ums
<br /> socured by this Truet Dead to be immadietoly duo and payable. '
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<br /> 12. Upon the Borrower's breeeh of any covennnt or egreement of the Borrower in thie Truat Dead,includinp the covanents to pay whon due nny . ," ,d
<br /> ' sums secured by this T�ust Deed,the Lender,nt ite option,may declore ell ot the�ums socured by this Trust Daed to be irnmndintoly duo � y. ,�
<br /> ond payoble wtlhou�(urther demand end may invoke tho powor of sale end/or any othor emnedios petmitled by uppl�cabla Io w�ncludinq tho ��`.,y.
<br /> ' • ndht to foreclose ehie Trust Dood m the mannor providad by law for the foreclosuro ol mortpapos on rool estoto. Tho Londer shofl be entitled ,
<br /> to collect all reesonoble coste und owponsns incurrnd m pursu�np such rortcodios�ncludinp,but not limrtad to,end�o tho extent pa�mittod by . (��'}
<br /> Inw,ronsonnblo ettornoys'1oos. � ".. •
<br /> If thn powor of snle is invokod,tho trustoo shall rocorJ n not�co of dof.�ult in oach county�n which tho Property oi aome pert t►�erool iF locatud j ', � �
<br /> nnd provido notico thoroof in the mnnno►proscnbed by epplicobla law. Aftor tho lapse of such�i�no os may bo roqui�ed by apphcnblo law. I ��,.,_ _
<br /> " tho Truetoo chall pive public notico ol solo to Iho pareons nnd in tho.nennot proscnbod by uppl�cahle Inw. The Trustou,or tho attomoy for ; .s� --'�'
<br /> � tho Tnistoo, without domond on tho Borrower,aholl soll tho Property ut public auction to tho hiphest bidder at tho timo and pleco a�d undur � • � �
<br /> . tho torms dosipnotod m tno notico ot eate m one or mare pnrcels end ui such ordo►os tho Trustoe may dotarmino. Tho Trustoo mny pustpono ;
<br /> . s�lo ol oll or any parcel nl tAa Property by public ennouncomont ot thu t�mo ond pluce uf nny praviously schodulod snla. TF�u Londor or tho ; �
<br /> Londor's dosipneo mey purchnse tho Proporcy et mry sata. � �
<br /> Upon rucoipt ot payment ot 9Ae price bid,tho Trustoo shall dolwor ro tho putchu�or o Trvstoe's Doed,without werrenty_wnvoymp the � �{tg
<br /> ' Property sald.Tho rocitele�n the Trustoo's Dued shull bo primo facio ohdonco 01 tho truth of tho stotements mode therP�n T he 7rustee Fhall � '/r .-
<br /> opply the proceede ol tho solo in tho followinq order. (o)to nll rousonuble caste ond o�ponsee ot tho snle,includinD, but not hm,tod to,tho �' �
<br /> Trustau's fooe of not more than 5500.00 plus.5°k of tho amount socurad horuby and rommning unpaid,aM costs�f titlo andonco;Ibl to ��" '�"
<br /> . nll sums socurod by thie Truet Duod;nnd Icl tho oxcoss,if ony,to tho porson or parsons lepally ontrtled thoroto 'in. � �`
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<br /> ,.�.} 13. Any forbonronco by thn Lendor in oxorcisinp any ripht ot romody horoundor,or othorwisa a(lorded by oppticable Inw, snall not bn o wa�vo� ,
<br /> i, .�� •'� ul or procludo tho axorc�se of any such ripht or romody m tho ovont of cuntmuinp or futuro broachos by tho Borrowar.
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<br /> 14. All romodios providod�n th�s Trust Dood aro dretinct and cumulutive to ony othor ripht or romody under this T�ust Oaad o� atlordnd bv lew ,
<br /> or oquity,nnd may be oxorcieod concurruntly,indopendontly or succossively.
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<br /> ' \„ , 15. Upon paymont o(nll sums�ocurod by this Trust Dood,tho Londar shnll�•oquost thu trustno�o roconvoy the Proporty and shr�ll surro�rdor th�s ' .
<br /> Trust Dacd nnQ oll notas ewdencinp indobtodnass secura�d by this Trust Oood to tho Tru�tee. Tho Trustoa ehnll�oconvuy tho ProporiY with�u�
<br /> • warranty to tho Norson or�+orsons lopolly ontitlod thnroto. Such poraon or potsons shull poy alI cos[s ol roco�dotiun,i�any. . _
<br /> � � 16. Tl�e Lendcr,et tho Londo�'�optlon,may Orom timo to tima romove the Yrustee ond nppoint e succossor Truateo[o nny Trustee oppumtad
<br /> ' horaunder by en inatrurviont rocordod in thu county in which this Trust D�od is rocordad. Without conveyence ot tho Propony,the succn�sor
<br /> Tnistao ohatl c:�ccood to r•11 titlo, powor ond dutioe contnrrad upon tho Trvatuo horoin and by npplicabte Iow. ,
<br /> 17 Excopt for uny noYices,domonds,roquasts or othur communicotions roquirod undor opplicublo low to bo pivon in onuthor manner.whenovur
<br /> thn Lundor, tho Uorrowor o►tho T�ustoo pivos or sorvos ony not�ce Gncludinp, wrthaut limitation, nouce of dotoult nnd nohco vf selel, •
<br /> domnnds,roquosts or othor communication wrth rospnct to thie Trust Daed,ooch such notico,domnnd,roquo�t ur othor cortemumcut�on sh+�il
<br /> - - - bn m wnunn nnd shnll bo of(octive unly d tho somo is dolrvorad by po�aonnl sornco or mailod by oortitiod mail,postoQo prov�=d,wtum�oco�pt �
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<br /> roquostod,addrossod to tho addross sot fortn nt tho bopinninp of this Truet Dood.A copy of ony�otica ol dotault,ony nouca oi smo.�uQwroa - -
<br /> ' � � ur pormdtod tu ba givon horoundor,shall bo madod to onch poreon who is o party horoto ot tho addraae sot fonh ot�ho bopmnm�01 th�s Trust
<br /> - , Dood. Any porty may ot any t�mo chonpo rts cddross 4or such rt�ticos by Johvoruip or mudmp to tho ulhar pnruas thorow.os u4�reso:d. .�
<br /> °, �wuca of such chcin�o. Any nnnco horoundor shall bo doumad to hova haon�ivon to tho Bu�rowm or tho londo�,whon g�von�n thn n•.�nnur
<br /> dos��natod hcroin.
<br /> , 18 Tho cuvonentd und A�t00MOt1t3 hormn contamod shall bmd, nnd �ho nphts ho�aundor sholl murv to thv �ntipr,.�no nu�re, uareonni
<br /> , � rrtprosentnl�vo�,suctas,ors and oss�gns nf tho paruoe. All ruvonunts and o{{roomonte ol Iho Burto�vo�shall bo�vint nnJ sovurRl. Whennvtt
<br /> - . rolormtco�s mado[o[ho smguln►hor��undcr,rt shull mcluJo thn piund ond Iho plural shull mcludo�ho sm�{ulor.
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