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<br /> 9. Pcy�a�:�4n. Dorrov�cr cry�cao Yo r��ctro cll p�yrncnto on 4ho cocurcd dat�t rah^n duo. Unto�o Kiorrovrcr cnd LenJo► cgrc:f bri�,.��I�o, �ny •
<br /> poymante Lendet rocotvea trom Eiorrower or ior Borrower'o benef�t will 6e applled tirat to any amounto Oorrov+ce ovloo an th� cccutcd d�6t � ___.
<br /> not reduce oi excuen�iny��iehedutad peyment untll th�ecurad debt i��pe�ld In tuil�l prepayment of the sacured dobt occure for�ny rensan,it vdll , __
<br /> 2.Cl�ms ApNn�t Titf�.Borrovrar wi�l pey ell texeo, ee�eeemante,end oxher cherpe� atutbutu6t�to tho prupe�rty whon due en�1�vlll detend tltia
<br /> ta the pro�erty s�pelmt�ny cldms whtch would Impoir th�Ilen of thla deed of truet.Lender may require Bo�rowor to noaipn ony rlpM�,clelme cr ' niF,�„
<br /> ds}masi which k3arrower m�y h�vo eQaln�t putiu who suppty labar or materltl�to Improve or malntaln the property. ---
<br /> 3.fac�rcnco. Borrov+er wlll keep the propert� Ineured undor torms sccepteblo to Londer nt Borro:vor'e expense ond for Londer'o benoiit. All *��
<br /> Inwr�nw pollclu shrll inct�rds��tmdud mortgope cl�ute In fevar ot Lendor.Lender wiil be namud��looc payae ov ao tha Incuro�on:.iry�uch - - —
<br /> or to theincured deb:�I}Lender:eq trei�mortpaqe Iniurince�t Eiorrower epre�ei to�mainteleiteueh�insu�encotfoi ee lonp�ei Lender requlrei operty �-�
<br /> 4.Frnp�+4y.Borrower will keep th�property In poocE condltlon ar+d mike ell repafn ree:onebly nacea�ery. .b�'
<br /> 6.EzpMr��.8arrower epree�to p�y all Lender'e expenaes includtnp ressonabla attorneys'taoe,It 8orrower breaka eny covenants In thla deod �
<br /> of vust or In eny obllpatlon cecured by thlm dead of truet.Enrrower wlll pey these omounte to Lend�r eo ptovided In Covenent 9 of thls deed of ,y�� •
<br /> � trust. '; �'
<br /> 6ocuilt�y Intere�ta��Bonowei�will por�4orm allfof8 rrower i obtiga'tlons undei Any priorr mort0ege�de d of truetror�totheiceecuritytepreement, �
<br /> inr.ludlnp Borrower'e covenante 4o meke peymente when due. �
<br /> 7.Asslpnm�nt o!H�Ma�nd ProfiU.Florrower aeeign�to Lender the ronte and profits of the property.Unlose Bortower and I.ondet have agroed ��:3
<br /> � otherw tl a f�writinp, Borrow6r mey collect end retaln the rents es lonp e� Borrowot la not in default. It Borrowe► defauite, Lendor, Lender'e ,
<br /> epent, or a court sppointed receiver may takn pooso�slon end�nenepe tha proaerty end coilcsct the rante. Any rento Lender colloota shali ba �
<br /> epplled firet to the coeq of inenaplrt9 tha property,Includinu court coste end ettorneys' fees, commisslons to rontel apents, and any other t
<br /> necess�ry related expeneea.The remaEninp amount of rents wlll then epply to paymente un the secured debt ae provided In Covenant 1. „ �
<br /> • 8.4�as�holdr Cor.dom(niumr,F��wisd Uni¢Dau:fa�,.��.i�.Carrowar agrcoa to comply t�lth the provielone of any loaga If thls�iead at truat le on .. ,.. ' r�.. :
<br /> a leasahuld.I{this deed of tru�t ia on�unit In a condominlum or e planned unit devetopment, Borrower will perforrtr ell ot Borrower's dutles '�
<br /> undor the covennnu,bylewo,or repulatlon�af the condominium or plenned unit devetopment.
<br /> � `1`:�'�{,
<br /> fl.Authoriry of L�nd�r to P�dorm for B�now�r.li Borrower fells to porform enp of Borrowor's dutiea undor thic deed of truat, Lender may . , {.,���
<br /> pe►form the dutlea or cau�e them to be performed. lander may slpn 8orrower'a nama or pey any emouM ir necosonry for periormenco,If any h,-,,
<br /> • constructlon on the proparty I�diacontlnued or not carcied on In a reaeonable manno►,Lander mey do whatevor ia necosanry to protect Lender'o �. ,,.��
<br /> eecuriay intereat in the pmpsrty.7hle may Includo completinp the conetruCt�o�. ; '��
<br /> ''.,i�� Lendar's feilure to per4orm wlll not proclude Londer trom exerclsing any of tte other righte undov the law or thia deed of trust. �':, ' �
<br /> Any emounta peld by Lender to protact Lendor'e eea�rity interest wili be secured by thia deed of trust. 5uch emounte wlli bo due on demnnd �+,r.�+��
<br /> � and will bear intereat fram the date of the payment until patd In tuil at tho Interest reto in aHect on the eacurod debt. .- � 4�:��
<br /> 10. Q�tw�t�nd Accd�ntlon. It Borrower tafta to m�ke any payment when due or breeke any covenante under thle deed of truet or anY _� `
<br /> oblipetlon aecured by thl� deed of truet or eny prior mortpage or deed of uwt, Londer mey eccelerote the maturity of the aocured debt end �� .��,"y�� 9�
<br /> • demand immedlote payment and mey Invoke the powu of eele and any othar remedlee permitted by epp;ioebte lew. :��
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<br /> � { 11.R�qu��t ta HoUc�of O�fnMt.It la haroby roquetced inai copioe oi iiio nuiicii ��u'oC.ui.'r3 00 o Lo 66r::�qo�t:�:�a e:t�!3 t Fat"; ,,_,�r.`r`'°__
<br /> hereto,at ths addn�s of each such person,es set forth hereln. �'
<br /> tY.Pdw�r of 8��.If 4he L�ndsr Invoke�the power of sete,tho Truetee ehsll flret record in tho oifice of che repletor of dead�oi each county �"'� }
<br /> whereln the tru�t propsrty or�om�part o►pucel thereof I�eftueted e notice of deteult contnlnlnp the Iniormat�on requlred by I�w.The Trustee }
<br /> � ehUl�I�o mNl copl�� o}the notice of dsf�ult to the Borrowor,to esch pu�on who I�a pany hereto, and to other persone r� prescribed by
<br /> � �pplie�bl� I�w. Not les�th�n one month �ftee the Tru�tee record� the notics o} de}autt or two montht I}the trutt property I� not In eny
<br /> � Incnrpont�d city or v11i�p� �nd le u�e�In farminp opentlon�curlad on by the tru�tar,ths truates eholl pive publlo�otice o}�Us to th�peraonf
<br /> �n4 In th�m�nn�r pretctlb�d by_�ppplic�bla Isw,Trwtee,wlthout dem�nd on 8orrowsr, shell�ell the Drope►tV�t pubilu auotlon to ths hlpheit �
<br /> bldQv.If r�quind by th�Farm Fromsstud Protectton Act, 7ru�toe�hUl otfer tt»property In two sopn�t�e�leo e�requlred 6y�ppllcable I�w,
<br /> Tru�a�m�y po�tpon��+t�of dl or�ny Duc�l o}th�prop�rty by publla mnouncament at the time ond pf�ce o}eny pr�vlousty�ch�duted�ale. ,
<br /> " L�nd�r or Ite d�dpna�mey purch�ts th�prap�rty�t eny�de.
<br /> Upon nu1pz of paym�nt of tM prla bid,Yru�tN�Atli d�l'rva to the purchu�r Tru�t��'�d��d canveylnp ths property,The reGitid�eontNned In �
<br /> Truetee'e deed sh�ll bs primo}eclt evldlence of the truth of the ototemenYa c�ntelned thereln.Trueteo tliatl bpply the proceodo ot tha�ele In tho ' ;; � f
<br /> foliowlnp ord�r: (el to NI expen�e� of the sd�, includinp, but not Ilmited to, rea�onabie Truatee'e fee�, rocsonabte attorney'• }eei end / • t
<br /> ralnst�tement foos;(b)to ell aums secured by thle deed of truet,end Icl the balance,If eny,to tho pe►eone legelly entitied to►ecelvo It. �
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<br /> 13.Fonclosun.At Lender'�option,thlo deod of truat may be foroclosed In the manner provido by appllcable law for toroctosure of mortpepea •
<br /> on real property. �
<br /> ��.�.
<br /> 14.Infp�adan Lender may entar the property to inspect it If Lender glvea 8orrower notfco boforohand. Tho notico muat stato tho roasonablo � � �v�i,{i
<br /> cause for Londor's Inapection.
<br /> 16.Cond�nxuUon.Borrower asslgis to Lvnder the rocoeda of eny eward or clalm tor dnmagos connuctod wlth e condomnntlon or other taking ' � �►�
<br /> of all or nny pe►t of the property.Such proeeede wiP be applled ea p►ovlded In Covenent 1.Thls aeslgnment Is aub�oct to the terme ot eny prlor
<br /> , securlty egreement. . I r��-Y i:
<br /> 18.YYNv�r.By oxerclalna eny remedy evaflable to Londer, Londor dooa not glve up eny rlghts to lator use any othor romody. By not oxorcislnfl ' � �
<br /> any remady upon Borrower'e default, Londor dooe not walve eny rlpht to lator conslder the evont a dofault If it happona a�aln. i !� *.
<br /> 17. Jdnt �nd S�vwd LIa61Iity Co-slpn�n; Succ�s�on �nd Asslpns Bound. All dutlos undo� thls dood of trust aro �olnt ond sevoral. Any ` ,', ���fi
<br /> Oorrowar wha co•alpnr thla deed oi truet but doea not co-slgn the undartying dobt Instrumontlei doo� so only to prant end convey thet .
<br /> Barrower'e Intersst In the proporty to tho Trustee under the terms of thla doad of t�uet.In edditlon,such a Borrowo�egrooa that the Londor and � ` �0• : ��"
<br /> ony othor Borrowor under thle deed of truat may extond, modliv or make eny other chanpes tn the torme of thle doed of trust or tho socurod �
<br /> debt wlthout thst BorrowAr'e consent and wlthout rsleasing that borrowor from tho torma of thfs daed of trust.
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<br /> Tho dutles and bennfks of thla deed uf truat shall bind and banefit the euccessora end as3lpna of Landor and Borrowor. •: �
<br /> � 18.NoUc�.Untess othenvfao requlrod by law,any nctice to Bonowor ehall bo glven by dallverinp It or by mefllnp It by cortHled mall eddroesed to ' ;
<br /> Borrower at the properry addrese or eny othev oddresa that Borrower has gIvon to Lendor.Dorrowor wfll pivo ony notico to Londor by cortiflod • �
<br /> melt to Lender's addres�on pago 1 of thls deod of trunt,or to eny othar addross whlch Lender has doslgnntod,Any other notfco to Londor sholl
<br /> be eent to Lender's ec7dreae ae utetod on papo 1 of thlo deed of truat.
<br /> � Any notica ehe�l be deemed to have been glven to Borrowor or Londer when glven In the mannor statod abovo. , , ,
<br /> 18.Tnn�hr o}tM P�Opi�ty or�BN1�}ICd�I tntN�tt In tM Bor►owN.It all or any part o}tlte proportV or eny Intoroat In It Is Rold or trensforrod
<br /> wlthout Lendor's prlor wrltten consent, Landar may domand Immadlato paymont of tho socurod dobt. Londer muy olso domand Immodleto
<br /> payment i}the Barrovror la not e naturel pnraon And e bonoticlal fnteroet In tho Borrowar lo sold or tranaforrod. Howovor, Londor mey noY '�:
<br /> domand peyment In tno ebovo sltuetlone If It Is prohiDlted by todorul law es of tho deto of thle daad of trust.
<br /> 20. R�conv�yenc�.When the obllpatfon socurod by thla dood of truat hau boon pald,ond Londor has na turthor obliflntlon to mako advuncos �
<br /> undor tho Inatrumente or oprnomante eoeurod by thla doed of truat, tho 7ruetoo shall,upon wrltton roquoet by tho Londor, roconvoy tho truat '�i
<br /> proparty.Tho Londer shall deliver to.tho Borrower, or to Borrowor'n euccussor In Interoat,tho trust dood ond tho nato or othor ovldoncc of tho i•�
<br /> - ;-- — ;� obllpntlOn GO eet�stlUq.Bonower enmi poy any rocvrdaiion coaia. —_�. �
<br /> 21. Succ�ssw Tnist�o. Londor, at Londur'e optfon, mey romovo Trustoo nnd nppaint o succossor truatoo by flret, mallinp a copy of tho � '
<br /> substltutlon of trusteo ea roqulrod by appllcablo lew,and thon,by filln�tho eubatltutlon ot truatoo for rocord In tho offico ot tho roglstor of dooda � •
<br /> o}oach eounty In whlch ths trust proporty,or somu pnrt thoroot, f�s tuatod.Tho succossor trustne,wlthout conveyanco ot tho proporty, shnll ' �
<br /> succood to oll tho powor, dutlos,euthorfty und tltt� of tho 7rustoo namod In tho dAOd of truat and of ony succoseor trustoo.
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