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<br /> 1. PsymonY�� Barrower �sflroee ta moko �II paymante on tho eecured dobt �vhen duo. Unlooa Borrowrr and Londor oproq othnrvrico, nny ---
<br /> paymenU l.dnder recelvea irom dorrower or�or Borrowor'r benefit will ba epplted firet to any amou�to Barrower ow�a on tho aecured dobt ```_
<br /> exclu9lve of Intare�t a7 princlpal,�eaond to Intereet,end then ta principel.If perUal prep�y�nent of the secured deb4 accur4 for ony roaeon, it will -
<br /> not reduco or encu�e any Rchadule0 p�yment untll tho cocurod dobt la pald In tull. ' ' ___
<br /> x.Cl�im�Ap�in�t Titls. owiry�Ny�i���I t xN,aun�msnt�, tnd ather ch�rpu �ltri�iuteblo to thef�roperty whon du�end will dafend tltte =--
<br /> to the propertY a��lnst er�y clwlm�.w�hlcF►Nvnul�Imp�lr Yhs Ilen o}thl�deed o}truet,Lenda�may roqulro Borrowee to etsl�n eny rlpht�,clelm�or �
<br /> . dotensea whlch orrowrRr mry hWb ngetm!pertloe wljo aUpp�V�pbor or motarl�te to Improva or mointeln tho proporty. , �,.;^-
<br /> 3. In�urrr►e�.Borrawsr wlil k��p th�prop�rty In�und undn tarm• tcceptabl�to Lender at 8orrowev'�expenae end for Lander'� benefit.Atl „
<br /> Inaursnce pallclea�hrll Inciud���tandard mortp�pe ci�u�e In fwar o}4ender.Lende►wlll�e nemed e�lo��peyee or ee the In�ured on eny�uch , �.
<br /> Intursnce pol!cy.Any inturencn procead�mey be spplled,within Lnnder'�dl��retlon, to efther the roatoretlon or repelr o}ttie deme�ad praperty ( ,,+��+�^
<br /> ar to the tetured deb�.I}Lenda►nqulns mortpepe Inturancs,[3orrowor�praes to mafntUn euch Insurense for n�lonp oa 4ander caqulree. i �
<br /> 4.Proplrty.Bor�ower will keep the ptope►ty In poud conditlon end mske ell repelro reeionably necaseery. I
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<br /> 0 Exp*ne�a.9orrowsr�prs1�to p�y dl Lander'�expenne� Inciudlnp res�onobte �ttorneys'fpa�,I?Barrawer breakA eny covenante in thlo doad , --
<br /> o�tniat or In eny oblipetlon tecured by thle de�d of�ruvt.F�orrower wlil pey these emounta to Lender ea provldad In Covanent 9 of thle doed of •-
<br /> . tru�t. '�
<br /> e.Oriur O�cutlty Intss��Q�.Unteu Borrowu iirst obt�ln�lender'�wrltten content,Bottower will not mako or pormlt o�y ch�npe� to any prior '�
<br /> ° securfty Intere�t�,Borrower wtil perform eil o! Borrowe►'a oblipatlons under eny prior mortflepe, deod of truet or other securlty epreomont, '
<br /> IncludinQ Borrower'�covonente to meke peyment�when duu.
<br /> Y.Ani�nm�M oi RNSt+�nd Praftto.Botrowet oselgm ta lt+ndor tho rents snd profite of tho prapwty.Unloae Borrowar end Lander have apreod ..
<br /> otherwa�a in w�itlnp, Borrower may colleot snd retaln the rente a� lonp es Borrawer la not In dofault.If Borrowe►defevite, Lender, Londer's , �
<br /> epbnt, or e court eppolnted recelvev mey take possesston�nd mansge the property md calloct the rent�. Any rent� Lende► collecU chall be I °
<br /> epplied flrst to the coete of inenaQinp the progerty.IncluAlna court coate end attorneys'foee,commiselona to ►ontel agente, end any othot
<br /> nece�sary releYeJ expeneos.The rer��afnlnp amount ot ronts e�ill than appiy to paymants on the socurad debt ae provided in Covene�t 1. . � �
<br /> s.L�at�haidr Gondomfnlumi:Plinn�d Urtlt Devdopm�nU,Borrower e0rees ta comply with the provislons ot eny leace tf thlu deed of truat la on ( ..,,i •
<br /> „ a leecehotd.Il thia doed of truat la on a unit In e condomintum or e plenned ur�it tlevelopment,Borrower will partorm all of Borrower`e duttes I �yr,
<br /> undor tho covenante, byInwa,os rneulatlona of the condominium or planned unit devolopmant. �
<br /> 9. Autho�ity of Und�r to P�r4orm tor Bortow��.If Borrower falle to pe►form any of Borrowor's dutlea under thia deod of truat, Lendor moy •
<br /> � periorm the dutiei or causa thom to bo porformed. Lendor may sipn Borrowor'e namo or pay eny amount If necossary for ps►formance. If eny , ` �..,.
<br /> constructian on the proparty le dincontiwnd or not carriod on in a reeeonablo me�nor, Londor may do whatover le neceasery to protact Londor'e �'�;:.
<br /> Bscurity interoat in the property.This mey includo completiny the conatructlon. �� �
<br /> L�nder'e fafiure to perform wlll not preclude Lender trom exerciaing eny of ita other rights under the lew or thia daed of truat. ��
<br /> Any amounte paid by Lender to protect Lander's socurity Irrteteat wili bo secured by thia deed of trust.Such amounts wili be due on demend �J,
<br /> end will bear In4ereft irom the date of t�e paymont untli pald in full at the InteroaR rote In eHec4 on the sacured debt. �.�L�°•��j-�
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<br /> 10.D�}wit and AccN�nUon. If �orrower felle to make any payment whon duo ar broaka any covanents undor thie duad of truat or eny ��� _
<br /> _ oblipatlon �ocured by thio deed o} truat or ony prfor mortgape or deed af truat, Lender may accolerata the maturity of the socurod dobt end
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<br /> 11.H�qu�st tor Notic�of D�f�uit.It Is hereby raqueatod that copies of the noticas of default end seta ba sent to eech person who la o part}r � ,� ' � � •
<br /> hereto,et the addreao of each such person,ee set foRh hereln.
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<br /> 12.Paw�r of 6ab.If the Lender Invokea tho power of eale, the Truetee ahall first record In the oNice ot iho repiater uf deeds of each county � �•
<br /> whereln the wat property or same pert or parcel thereof Is situnted a notico of default contafnlnU the informatlon requfred by law. The TtuKee ;
<br /> � • shatl elto m�ll coples of the notice of deteuit to the Oorrower,to eech pe►son who Is a perty hvroto, and to other poreone as praccrl6ed by i
<br /> oppllczbte law. Not leae than one month after the Trustee ►ecords tho notico of dofault,or two monthe If tho trust property la not in any
<br /> � Incaporated city or viilego end le used in farmtng operationa carrlod on by the trustor,tho 7rustea shstl pive pubila notice of eale to the pertona � �`��
<br /> �nd In ths mmner pre�cribod by��ppplicable lew.Truetee,without domand on Borrower, shall seil the property et public auctton to the highest �
<br /> bidde►.If►equired by tho Farm Homettead Protection Aot,Truetee shall oHor the proporty In two soperate snloa es raquired by epplicablo lew. I •
<br /> Trwtee mey poatpone ealo of all or any parcel of the prape►ty by publlc ennouncement et the time and place of eny prevlously echaduled oete. - .
<br /> Lender or ita ds�ipnea mey purch�sa the proparty at eny sale. � , � _
<br /> • ' • Upon racelpt of p�yment of the price bid,Trustee shall doliver to the purcherrer T�uetee'e deed conveying the proporty.The reefttals aontained in � � ;i
<br /> Truatee'e deed ohall be pr(ma fecle evidfence of the vuth of the etetemente contefned thareln.Trustoe sfiall epply tho proceeda of the eate In the ; • ,;
<br /> followinp otder: (el to ell axpencea oi the ealo. Inciudinp, but not ilmitud to, roesonaWe Trustoo'e foos, reasonoble ettorney'e feee end
<br /> reinMatement feer,(b)to oll eumo aocu�ed by thia doed ot truat,and(c)tho helence,ii eny,to tho persone lopelly entitled to teceive ft. I , '
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<br /> 13.Fonclo�ur�.At Lender'e optfon,thia deed of truat mey be foreclosod In the mennor provide by epplicable law for foreclosuro of mortgagos � � ,ti=°:;�o
<br /> on reel property. j - �`•°
<br /> „ c ute to�r�Lendei t Insp ction nter the proporty to inepoet It If Lendor givoe Borrowor notico beforohand. The notice muet etato the raesonable 1
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<br /> 16.Cond�mn�tion.Borrower esal0�na to Londer tho proceods of any award or claim for damngoa connectod with a condomnation or othor taking '�•'
<br /> �� of all or ony part of tha Droperty.&uch proceeda wili be applied ee provided(n Covonam 1.This aseipnmant le oubject to the torme of eny prior : % ����:
<br /> securiSy eflraement. i•
<br /> " ' 18.W�Iv�►.By oxerciainp ony romedy avellable to Lender,Lender doea not flive up eny riflhts ta later use eny other remedy. k3y not exerciefnp • •r, �=
<br /> eny remody upon Barrower's defeult,Londor dooa not waiva eny right to later coneidor the avent o dotault If ft happona apaln. , •r�
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<br /> � 17.Jdnt ��xl StwrN llablNtv; Co-ilpn�n; Succ�itors�nd Aulpnt Bound. Ali dutios under thia dood of trust aro (oint and oovoral. Any � ''
<br /> Borrower who co•aipns thl� daed of trust but doea not co•sign tho underlying do6t InsVUmontls) doae so only to grant end convay thet
<br /> Borrower's Interett in tho property to tho Tru�toe under tho terma of thio doed of trust,In eddition,auch o Borrowor egraoa thnt the Landor end ,
<br /> any other Borrower under this deed ot truat may oxtond,modiiv or meke any othor changes in the torma ot this doad of trust or tho socurod '
<br /> '. debt without U�et Borrower'e consent or►d without roleasing that�orrower from the torms of thia dood of trust.
<br /> Tho dutios and boneffta of this deed af nust shall bind nnd bonofiY tho succeseors end aesigns of Lender and Borrowor. �
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<br /> � 18.NoBc�.Unlosa othorwiae raqulrod by lew,nny nodCO to Borrower ehnll bo gfven by deiiverinp it or by meiling it by conffiod mail addrossod to
<br /> � Borrower et the property addreso or eny othor addrose thet 8orrowor hae Qiven to Londer.Borrower wiil pfvo ony notfca to Londor by cortfffod
<br /> ' muil to Londer'a eddresa on page 1 of this doed ot trwt,or to eny othor addroae whfch Londor Aae dostgnated.Any othor notfce to Londor ehall �
<br /> . , be�ont to Lender'�e�dreaa es eteted on paBa 1 of thla deed of trust. ' i�
<br /> Any nottce shNt be deemed to t►ave beon given to Borrower or Londor when plven in the menner etated ebove. ��
<br /> � 19.Tnn�ta,T of tfi�Froparty or�B�Mflcial tnterott In the Bortow�r.If oil or nny part of tha proporty or nny intoroet In It la nold or uonstorrod •
<br /> wfthout Londer'e prlav writton consent, Lendor may dumand Immodiato puymant of th3 eocurod dobt, Londcr may also aomnnd Immadloto
<br /> paymont if tha Borrowor Is not a naturai porson and o banoflclal i�torqat In tho Borrowar ia sold or traneforrod. Howevor, Londor may not
<br /> domend payment In the above sttuntiona If It fs pruhibitod by todoral low na of tho dnto of thle duod of truet. ..
<br /> T0.R�conv�yanc�.Whon tha obligation securad by thia dood of trust hae boan pold,nnd Lnndo� hoa no furthor ablipatiun to meke advancae _
<br />_, - _ . .. . .- -- --�-----------._..�...�_ �__�_.�.._. .�- .-•-�- •-�..--
<br /> - T�u�o uvw v. uvop um .�uaaw m�mq v�.vn...um.�ivyu6oi`v"a`.m�o:�u'"vi.ioevii�iol ino iiubi ---
<br />--- -- -.._ .:.. ��_-.._ unwr [rro maus�mmno vi amnm.ao ow.nw.,
<br /> � property.Tho Lander shnil�elivor to the Borrower, or to Donowor's nuccossor In Interast,tho truat doad and t�o noto or othor ovfdonco ol tho
<br /> o�ligation so eetlelibd.Bonower tNell pey any rocordetlon cooto.
<br /> � � 21.Succ�stor TruitM. Lendot, at Lender's o�tion, may romovo Truetan and eppoint e succossor truetoo by firet, mafllnp u copy of tho
<br /> � eubatitutlon o}truetee es roqufrod by epplicnblo aw,end then,by fiiln�tho substitutian of huetae for rocord in tho oHico ot tho ropleter of dooda ,
<br /> of oach county in�vhfch tho truat property, or soma part theraof, la s tuatod.7h�s euecessor trueteo,without convuyonco of tho proporty,shall
<br /> �t e�cccood to ell the power,dut(oa,euthority ond title o�tho Trustoe namod In ti�o dood of Iruet¢nd of uny auccoseor truatoa.
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