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<br /> COC/Et:G�F1T� i6c,; �'� ���iLe�7� I wF `
<br /> 1. Pc�c�i�n?A. Rorrowor cUvcoa to molco all poymonto on tha r,ecurcd d�bt v�han duo, Untono �lorro�vcr ond Lcndcr c�rco olh�n�l.^,o, cny � ,
<br /> peymonto Land�r rcceP�9a Vror.i Oorrouor�r Yor porroe�cr'a h�n�fi c::I h�cpp!!cd Iirot to eny cmounto F3orroe�ov o�vcs on tho cacurcd doht �
<br /> oxctueive of intoreat or princlpef,err.cond to Interoat,and then ta principM:ll peHlel prqp4yment o}tha eecurod dobt occure f��ony roeson, It will � �;,
<br /> not reduee or oxcuae�ny tcheduled payenont untll tAo a�eurmd dsbt(s pAtd In full. � .� A�.�_
<br /> ' ' 2. Ci�im�dpdnft Titl�. Bor�ower wil�pay oll texea,aeieasmsnts end utlwr charpoa attributubte to the proparty whon oue nnd will dniend titte � ' ~
<br /> to tho proporty e •Inet any cteEma whlch tivoutd Impalr tho Ilen ot ihle deed of truet.Ler�der may royulra Borrawor to 000lpn ony rlphte,cinlma or .. ,�-'"'
<br /> defense�which�orrower m�Y hlve�g�fnat p�rtiee who�upply lebor or materlalo to Imptove o�melnteln tho propErty. •���'
<br /> 3. Inaur�nca.Dorrawer wlll kQOp tho property Insursd undor torme acr.apteblo to Londer et Borrowev'e oxpense end for Lender'e bene?it. All ��
<br /> ie�surence polieiae aholi Inelude a cY3�xla7d mor4pcqa el:.ua�In tuvor o4 Lend•r. Lend�r e�lli ha n�med e�loe��'+yes or as the Ineured on any sueh
<br /> lnsunnce polley.Any inaurance proceed�may be•pplled,within Lender'�discr�tion,to olthe►the ro�tontlon or repair of the dtmeped property � �.' .±�
<br /> ar to tho secured debt.If Lender requiree martflape insu►�nce,Borrower sprees to malnUin�uch Insunnce for aa lonp e�Lender requiree. i
<br /> 4.Prap�rty.Borrower will kaep the properry in pood cAnditlon and make aii ropain reetanebty�aceesary.
<br /> 6.Expsnus.OArrower e9reee to pay eil Lendar'o axponsea Inctudinp reaconeble sttorney�'feoe,if 8arrower breake eny covenante In thie daed I •��
<br /> r: . of 4rust or In any oblipatlon eacured by thfe deed oi truet.�orrotiver w�ll pay theae emounte to Lender ae providad in Covanent 9 of thle deed of
<br /> trust. -���
<br /> 8. FAor S�eudty Intuast�.Unlen Borrower firnt obtaln�Lertder'e vnitton co�sant, Borrowar will n�t meke or permit any chcnpoa to any priar � �"•
<br /> uecurity Intoreate. Bar�ower will pqAorm all of Borrower'�obllB�tiona under any prlor mortQape, deed of trust or other security ep►een�ent, �,�
<br /> �, Includinp Borrower's covenente to meke paymento when due. ,
<br /> 7.Assiqnm�nt of R�n[s�nd Pro6ts.Qonower essipne to Lender the rente end profito of the property.Untsss Borrower end Londer hevo aprond
<br /> otherwiae tn writinp,Burrower mey collact end retain the rents e� lonfl e� PJorrower ia not in default.If Borrowor defaulte,Lender, Lender's
<br /> agent, or a court eppointed recelve►may toke posser�lon end menape the property and coll4ct tho rante. Any renta Lend�r ccllecto ehall bo
<br /> epplled firet to the cocte of manepin the property, Incfudinp eourt coste e�sd ettorneya'feea, commleslona to rental apents, ar.d nny othor
<br /> nocessary related expenses.The romoQni�g amount of rent�wlll then apply to payments on the eocured dabt es pravided In Covenant 1.
<br /> 8.Le::elts:d�•Ccrtd�ma4eme; PI!rtn!d!lrtSt Develogrtaents.Borrower agroea ta comply with tho provisions�f eny IQesa if thia doed oi trust le on -
<br /> e loaaehold. I�thla deod of ttust Is on a unit In a condominlum or e planned unit development,Borrov�er wili perform all ot Borrower's duties
<br /> , - undor the covenanta,by-tawc, or regulutlona of the condominium or pfenned unit devoiopmont. .
<br /> 9. Authorfty of L�ndw ta P�r4orm for llorrow�r. If Borrower faile to periorm any of Borrower's dutios undor this doed of uuat, Londor may ��` j
<br /> pur(orm tho dutioa or cause them to bo peHormod. Londer mey a�Or�Borrowor's name or pay any omount(t nocossory for porformenco. If any � , .N�
<br /> conet►uctlore on theprnperty Is diecantinued or not carrled on In a reasonable menner,Lendar mey do whatover le necessary to protect Lender's W'
<br /> - security interest in the property.Thie may inctude compiotl�p the conatructlon. �
<br /> � ��Y,
<br /> Londer'e teilure to perforra wlll not preciude Lender from exerciainp a ny of ite othor riphte undor tho taw or thls daod of trust. ' , �
<br /> � �'s`�.
<br /> Any amounte pald by Lender to protect Lender'e eecurity Intorest will be eecured by thia dood of Vust.Such emounte wlll be due on damend a
<br /> and will bear interest trom the dtte of tho payment until paid In fvtl st tho intorest rate In eftect on the eecurod debt.
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<br /> 10.O�feutt �nd AccN�►�Uon. If Borrower fails to m�ke eny peyment when due or breeks any covenants undor tliie deed of trust or eny . p '%�•:�
<br /> oblipetion secured by thG deed ot trust or any prior mort�epe or dned of truat, Lender mey accetarate the meturiry oi the oecured debt end � �_,
<br /> domand Immedtate pryment end may Invoke the power of eale and e�y other remedtea pormitted by epplioable law. . j =-
<br />--- . .. � ^----.�_..�-. .e..' ��:� .. •a•ti i__nr �hn„n•�rwn e��iofauh nrul aa'e bn nent to eech ptir&on who In a oar:Y -_�: :_s,i�' �_ .
<br />_.. .. - 7 Ii.n�t�flt�s�tn nvwv �i �.�Z. �2vTv�"ij:.�.y:Sww�. ...�1�.^.reo_. ..._ .._.."' " _' ' ' � ' -�.
<br /> I horeto,nt the addreso of each such pereon,os set forth hereln. • � �;,
<br /> 12.Pow�r of S�l�.if the Lender invokes the power of selo,the Trwstee ahall first record In the otflco of tho register of deeda of each county � �.��
<br /> whoruin the truat property or some pert or parcel thereof Is sttuated e notico of detault conteininp the intormetion requlrod by law.The Trustee
<br /> shall also meil coplo� of tho notice of default to the 8arower, to each person who�ls e party hereto, and to other persona ea prescribed by I � -�
<br /> • ' epplleahlo lew. Not leta the� one month after tho Truatee rocords the notice of defauit or two months if the trust property ie not fn any , � .
<br /> •• incorporated city or viLlege and q used in farming oporetioni cer�led on by the uustor,the frustee shali pive pubiic notice of eata to tho persons
<br /> and in the me�ner protc►ibed by eppplicable Iew.Truatee,withaut domend on Borrower,shnll sell tho proporty et pubtla euctlon to the highest � � .
<br /> btdder.If requlred by the Farm Home�tead Ptotectlon Aat,Truatee ehnll offer the property in two snparete eales na requlred by eppliceble lew. ' , „
<br /> • Truetee may postpono eele of eq o�eny parcel of the property by public announcement et the timo end place of eny provlously echeduled eata. � �
<br /> • Lenda�or its deelgnee may pu►chese the property et any sele. ,
<br /> Upon receipt of paYment of the price bid,Truetee shall dolivar to tho purchesor Trueteo's doed convoying tho property.Tho rocitiala containod in ' •'_ � ; I
<br /> Trueteo'a doed shall be prime tecie evidience of tho truth of the stat�manta contalned thoroin.Trustee shall apply the proceeda of the eale In the �,
<br /> following order: (e) to sll expenseo of the ealo, including, but not Ifmitod to, reaaonable Trustee's feea, roaaonebie ettornoy'e feea and � �
<br /> �� rotnstatemont foes;!b)to ell sume sacurod by thie deed of trust, and Ic)the belancr,I}sny,to tho peraona logally ontitled to recefva It. ��
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<br /> � • 13.Fonclosvn.At Lender't optlon,thie doed ot tn�at may be foreclaaed In the manner provide by applicable iaw 1or forectoture ot mortgagee ! ,
<br /> on real property. ' � � ����i•
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<br /> 14.Insp�cUon. Londer may onter tho property to Inspoct it If Lundor givon Borrowor notico beforohand.Tho notico muet etate the reeaonabio
<br /> � cause for Lender'e inapectlon. •
<br /> 16.Cond�tnoaUon.Borrower esol{��9 to Lender the procoode of any award or claim tor damngoa conoectAd with a condemnation or othor takinfl �� �f, .;
<br /> of all or eny part of tho praperty.Such procaede will be applled ee provided in Covenant 1.Thla aecipnmant is subject to the terma of nny prior , , �.
<br /> security agroement. ' �, ����!'
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<br /> 16.Wmlv�r.By oxorcising any remedy nvallablo to Londor,Londor does not givo up any riphts to lator uso any other romedy.By not exorcisl�g /�_ ,
<br /> � � any romedy upon Borrower s defnult,Lender doos not waivo eny ripht to later consfder the ovont e defauit tf it happons agafn. • ..�j
<br /> 17.ddnt and S�v�nl U�bfiltV�Catlyn�n; Succ�ssars u�d At�IQnt Band. All dutles undor thla dood of trust ero Joint and sovoral. Any ' ��!�
<br /> Borrowor who co•siQna thli daed of trust but dooa not co-sifln ihe undoriyin{� debt InaVumentls) does so o�ty to grant and convey that ��. ,
<br /> Borrowar's Intoreet in tfio property to the Truetoe undar the term�of this deed of truat.In additiDn,such a Borrowor egroo�s theY the Lendor and '.�
<br /> any other Borrower under thls deed of trust may oxtend, modifv or make any other r,henges In the torms of thla dond of trust or tho securod
<br /> dobt wlthout that Borrower'e consent and without roleaslnp thet Borrower from tha termn of thia daod of trust. .. .
<br /> . The duNos and bonofits of this deed of trust shell bind and bonofit the successore und easipns of l.ondor and Borrowor. � �
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<br /> 18.NoUc�.Unlesa otherwfse roQuired by law,any notico to Borrov�or shnll bo divon by dolivorIng it or by matling It by certifled mail oddrossod to �
<br /> Borrowor at tho proporty eddreae or eny other oddresa that Borrowor hne givan to Londor.Borrowor will ptve any notico to Londer by certifiod .•<�
<br /> mail to Lender'e addr9se on pape 7 of this dood of truet,or to ony othor oddraas which Lendor hes dnsignatod.Any othor notico to Londor ohali
<br /> bo sent to tonder's eddrosa ea etated on paflo 1 of this dood of trust.
<br /> � Any notico shail be daemed to have boon gfven to Borrower or Lendor whon eivon In the mannor stutod abovo. ..
<br /> �� 19.Twmt�r of th�Propwty a�B�nMclv Int�n�t in tle�Borrowor.It all or eny part of tha proporty or any intorost in It Is so�d or transtorrod '
<br /> without Lender's prlor writton conaont, Lendor mey demend immodlato pnymont of the securod dobt. Landor may also domand immedfato �
<br /> " peymont It the Borrower is not a naturel parson ond e beneficlel intorast in the Borrowar is�sold or tronsforrod. Howevor, lendor mny not ' �
<br /> domend paymont In tho obovo eltuaUona If it Is prohibitad by fadoroi law n9 of tho dnto of this dood of truat. _
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<br /> 20.R�cortv�yanc�.Whon tho oblleatton socurod by thla dood of trust has boon paid nnd Londor has no furthor obiigatfon to muko ndvancos _
<br /> under tho Instrumnnts or ngroomunta socurod by this dood of 2rust,tho Trustoo shalf upon wr(tton roquost by the Londor, reconvay tho trust
<br /> pra orty.Tho londor ahail dolivtr 4o tho Borrowar,or to Borrower's succossor In Intoroat,tho Vust dood nnd tho noto or othor ovidonco of tho
<br /> �.�_ _� n_��Y._�_n_ .�......a�.,........�
<br /> _ .-. .__ _ .—_.: _ _ VYII�O�NI�OV oYYO�tw�w��vwv����anrvj�ri���r�nr•v�w..v.r���. ,-— '
<br /> 21. Successor TiuttM. Londer, at Londor's optlon, may removo Truatoo and oppolnt o cucconsor trustoo by firat, maiUng � copy of tho
<br /> substitutlon o}trustae ea ro uired by applicabto law,and thon,by tilinp tho substitution of Vuotoo tor rocord In tho offico of tho ro0fator ot doods
<br /> of oach county in which tho iruet proporry,or somo part thoroot,Is aituetoU.The euccossor huatoo,without convoynnce of tho proporty,shall �
<br /> euccocd to ell the pawer,dutfae,authority end titte oT tho Trustoe namod In tho deed of trust and of ony succosso►truaiao. '
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