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<br /> 9. P�yma;�4o. Qor�ovre► epren9 to rneke ell paymRnte on tha cecured dobt when�uo. Unleco 6orrower und Lender aprocn otMorwl�o, any
<br /> . poymente Lor►cier rocelvea irom Bnrrov+ea or Ior Botrov�or'o bertofit wfll be epplied firot to any onounto Borrower ov�ee on the seeured dobt , f'
<br /> oxciwlve o}Interert or princlpal,second to Intereot,and then to princlp�l. If partlml prepeyment of the secured dabt occure tor ony reason,it will - �'+
<br /> not reduca or excuse eny or,hed�ded psymont until the eecureA demtls peld In fu1L � ��
<br /> 2.Cl�m�Apdnat Tido.�orrowor evlll pey ell texoa,oasaatmenta, and othor cherpea eYVibutehle to the property v�hen due and wlll defand titlo �`
<br /> to the property e etmt any claims whlch would Impalr the Ilen of this deed of tru�t.lend�r may tequln Borrowor to anipn�ny rlphte,ctalma or i ��3�
<br /> defenae�whlch�orrower mey hnve epalnst partiee who ouRply labor or ms[eeiel�to Imp�ove or maintain the property. ,.„_
<br /> 3.inaue�nc�. Borrower wlll ktep the proparty inaurod under terme�cceptabi�to Lender et Borrower's expeme�nd fo�Ler�der's be�efit.All I ° �,�
<br /> Inrutonce policleo ehell Inctude a�tandsrd mortpags clauae in favcr of lender.Londer wiil be n:med ee lo��payee or u tha Insured on any auch ,.*
<br /> Insurence policy,Any inaurence pmceode may be epplled,withln Londer's dlscraUon,to elther the rastoretlon or repair of the demmeed propertV
<br /> or to the secured debt.If Lendor requlree mortpage Inturonce.Borrower egree�to mtln4sin�a�ch Insuranca for aa lona at Londer requlres. pM
<br /> 4.Propaty.Borrower wiil keep tho property in Qood conditlon and make eli repalr�rei�oru�bty neceaa�ry. , `7
<br /> 6.6xp�nsa.Borrower epraea to pay al!LAnder'e expenaea,includinp reasonabie ettorney�'feos,lf Borrower breaks eny covenentr in thln deed a„'
<br /> af truet ur In any obllgeUon secured by thla daed of truat.Borrower wlll pey thete amounn to Lender as provided in Covennnt 8 of thls doed of �
<br /> uuat.
<br /> 8.Priw 8�cur1ty Mi�nats.Unleaa Borrower flrnt obtains Lender's written conaent, Bonowe►will not make or permit eny changes to any pdor -'
<br /> aecurlty Interanta. Borrower will perform all of Borrower'e oblipatlon�unde►any prior mortgeDe, deed of tru�t or other eocurity epreomont,
<br /> Includinp Borrower's covonnnte to make peyment�when due.
<br /> 7.Aui�nm�nt o}Rerrt�snA Pro11u.Borrower aaaipns to Londer the rents and profite of the property.Unloae 8orrower end Landar heve npreed '.
<br /> � otherwiee In�vrRing,Bortower mey collect end retaln the rente a�lonq ae Borrowu f�nst In defeult. If Borrower defeuln. Lentler, Lend9r's '
<br /> aeent,or e coart appointed recefver mey take poa�en�lon and m�nage the property snd colteat the re�t�.Any rentt Lenpder coileatt �hstl bu
<br /> I noce�seafirsel8ted expens8i tThe reme U�inh�amount of rente w I than epply to paymenu an tha secur,d debt ei provtded�in e�nts,end��y other �
<br /> ry I p fl Coven�nt 1.
<br /> � B.Lsn�holdr Condomin(ums;P1�on�d Urdt O�v�fopm�nU.Borrower a reea ta comply wlth the provision�of eny leesa If[hlt deed of trust!�on . ' '�'�
<br /> e leacehold.li tNs doed of truat Ia on e unit In e condomintum or a pQenned unit devebpment, Borrowor will parform all of Eiarowe:'�dutles .�.-
<br /> undar the covnnante,by-lawa,or repulatlona of the condominlum or pfenned unit devUopment. rt-•
<br /> 9.Autho►ity of Lmd�r to P�rtarm for BarowK. If Bo�rower falls to perform any of Bortower's duttos under thit deod of t►uat, Lertdar may " �'�'
<br /> perform the duUae or causs them tq he performed.Lender may s�pn 6or►owor'a name or Pay eny amount If nacessary for pertamonce.If 8fly " :�r.
<br /> . conatructton un tha properry Is dlecuntinued or not carried on(n e reesonable mannor,Lendor may do wha4uver is necetsery to protect Londer'c a
<br /> socurity Interest In tf�e property.ThiB mey fnclude completinp thA construc4lon. . ' ' �}'��
<br /> Lendor'e fallure to p�rform will not preclude Londer fram oxercising any ot Ita othe►►lyht�t undor the iew or this deed of truat. . �
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<br /> � Any amounte pald by Lender to protect Lender's security Intorest wNl be eecurad by thla daed of trust.Such emountl v+rlll br�duo On demend � � "�.y I���
<br /> and�vill bear Intereat(rom the dete of the p�yment undl pald in tull�t the Inte�eat��t�.ln pBect on th4 securod d�b2, � • �' • � S: _
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<br /> 10. D�fauft�nd AccN�ntion. It Borrower falia to mako any peyment when tlu� or.bnak� 6ny covenanU under thim �desd of Wit a my ' _�
<br /> obligatlon securod by thfs deed of truat or eny priot mortgape o�daed of truat, L'ender.me�eccelerste the m�turity af the��curad d�bY and �
<br /> demnnd Immediate payment end mey invoke the power of sale nnd�ny other remedfet permit4od�y epptloabte lew. ' � __.___�`'%�I;;` __
<br /> 11.R�qu��t tor Notic�ot D�taWt. It le hereby requested that coplea ot Yhe notices of default and eale be se�it to each penon who to�perty i ` � "
<br /> horeto,et the addresa of each auch pereon,as set torth hereln. - ; .
<br /> 12.Pow�r of S�I�. It the Lender invokea the power of eaie, the Truatee ehell first ncord In the office oi the reptiter af deeds of�ach count�r ,
<br /> whareln the truat property or aome pan or parcel thereof It sltueted e notice of defavit conteini�g the Informetion roquUed by lew. Th�Truatee
<br /> thell aleo mNl coplss of the notico of defauit to the Borrower,to each personwh�Is �party hereto, and to othe►pe►som a1 praalb�d 6y
<br /> appitcable lew. Not le:s than one month after the Truatee recordi the �otice of d�}auN or two mpnth� if th�truK pr4psrty ls nut In �ny
<br /> � Incarpontad city or viilage end Is used In tarmirep operatlon�carded on by ttw trusta;tt�frust��shall plv�pubilo noUc� of tal�to tt�p�nons
<br /> � nnd In tM m�nner prsacribed by eppplicebte law.7rwtee,v�ltiiau4 dsm�rtd on 9wrowK,�hatl a11 tM propnty�t pubuo �uct6onto tM MpM�t ,
<br /> 6fdder.It requlnd by ths Fum Nom�tteid Prot�ctlon Aet,Trwt��ihall oHer th�proMrtyr In two s�pw�2�aaM��� nquk�d by�ppNGabN Itw. I • I
<br /> Tru�tee m�y po�epono aate oi dl or�ny parcel ot the property by publlo ennouncemint •t tlt�thne�ruf•pi�c�of�ny pr�viou�ty�d1�duM�d��w, � '
<br /> Lendsr or It�deUpn��mey purchus the propertynat any nle. • , • • ' '� -
<br /> Upon recsfpt of peVment o}th�price 61d,Ttuitee shill deliver to th�purch���r Trustw's d�ed convsyirW the prop�rty.Th�uc[tl�caKaln�d In � •�� �
<br /> Tru�tes'�deed�hall be prima fecl�evldience ot the trutfi ot thn�t�tement�conttinsd thereln.Trustee sh�tl�ppty ths proceW� otth�aN In tho i
<br /> faliowinp order: (s) to etl expen�ea of the �ete, Includinp, but no1 Ilmited to, reatoneble Trustee'e feet, na�ombl� �tLprMy'�fpN �nd
<br /> raln�t�t�ment 4ear, Ib)to all sumi s�curod by thb deed ol Vu�t,md(c1 the belanc�,if sny,to ths person�kpdty ont(tUd tonGlv�k�.:. . " . � �L:
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<br /> 13.Fa�etoeun.At Lender'e option,thie deed of truet may be forecloaed In the menner provide by applicabte law fnt fOreclosun of mortpape� �
<br /> on real proqerty.
<br /> 14.InapeaUon.Lendar may ontor tho proporty to Inspect It ft Lender glves BorrowN rjotbe•befor6hcndr The notice mwt�t�t�th�r�ttoryWa I ,
<br /> ceuse for Lender'e inepectlon. • � .. . .. • ... _ • .. . . . . . - • t C?.
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<br /> 16.Cood�rtn�4lon. Bonower eselpne to Lender the roeeeda of eny evvard or clelm far elamage�'cannected with�cond�mrt�ilon W oth�►taklnp � F
<br /> ui ell or eny part of the propertyr,Such proceeds wIP he epplled as proHded tn Coven�nt,t;Thls a8sipnment Is eubJ�otto th�t�rms af�ny prbr r•
<br /> � securiry eflroement. - ,
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<br /> 18.WNv�►.By oxorclsi�g eny remndy evaileble to Lender,Londor doos not pive up any riphts to later uae any othor remedy.By not��urct�iny '
<br /> eny remedy uRon Borrower'e defeult,Lender dooa not waive any ripht to lator consider tt�e ovon4 e detautt if It heppans�pain, , _ ���• �"
<br /> 17. Jdnt and 3�v�rr Uabitity• Co-slpn�rs; Succ��ta� �nd A�slans Bound. All dutiea undor thia deed of truat ere jolnt�nd s�wral. Any
<br /> Borrower who Co•sipns this deed of trust but doee not co•efgn the underlying debt imt►umentlel doee eo only to gr�nt and convsy tA�t
<br /> Bortower'B interest in the proparty to the Trustoe under tha torme of thte daod of truat. In eddiUon,such e Borrower epreea thet ih�Lender and �
<br /> any othor Borrower under this deod of truet mey ctxtend.modi}�or make any otlNr'chit��a In the tqrma ot thla deed of Vuet or;IM.NcUni!
<br /> dobt without that Bortower's conaent and without relqarNnp that Eorrower from the tvjeis oi,tfila dee�of�vst. . , , .,7; .; ;; ;•.
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<br /> � Tho dutles end benofits of thla deed of trustshell bind"srtd beneHt the succageore endisalQna o�Londarend Bor{ower: " :z':�;��.�'.:�'�
<br /> � 18.Plotic�.Untaas otherwise required by lov� eny notico to Borrawor shall bo piven by deliyorinp iYor by maliinp It by ccrtifiedirnlq�dOf�itad•to
<br /> i Borrower et the proporty eddrosa or any othor addruss thet Borrowor has gIvon to(,endor.Borrower wlil pive eny notice Eo t�ndM by cKtifled
<br /> mefl co Lender's addrdsa on pago 1 ot this dood of uuat,or to any ather eddresa whloh'Londer haa desipnated.Any other notic�to IAnder�hell
<br /> , be sent to Lender's addrese es eteted on papo 1 of thle daed of trust. ' , •
<br /> � Any notico ahall bo doomod to have bean pivon to Borrowor or Londcr whon pivon in the menner etnted ebove. -�``.
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<br /> 19.Tremf�r ot the Property or a�eneflclat Int�rest In tlra Elortowa.It ail or uny pan of tho proporty or ony intoront fn k to cofd or Uan�ferred
<br /> without londor'e prlor writton conaonL Londer may domand Immedlato psyment of the aecured debt. Lender may elao dammd Immadi�te •
<br /> paymant if tho Oonowor le not e natural poroon a�xl o bonoficlal Interost In ths Oarar�re�►_le sold or.trenaforred. Howeve4 Ur�may not
<br /> demand payment In the ebove Bltuatlona If It ia prohfbited by federesl lew ea of the d�n�pt tiilYdeed of t�u�t, . „ � : . � �
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<br /> 20.R�conwyanc�, Whon the ohlipatlon socured by tAla dood oi trust hae been p�la�aAd•�ondor'M9s•nu furthor dbllyWon to�ms�i ad+ranas •
<br /> undor tho instrumonte or.u�roomonte socured by thla dood of trust,tho T:ueteo sheldt�pon-wAtten raquest bv the tcnder.reeonvev th�trun
<br /> _— -� -- � v�•�v�:.i•�`•o�.o�m'ci oi�on uvtiwr io tno CtOROW6I, or to eorcowora succoaaor in tntoro�t,th0 hust deou end Mo note or othsf�w�epC�of the �
<br /> oblipatlon so sotisffcd.Borrowor shall pny ony rocordotton coata. '
<br /> , 29. Succ�aaor TruatM. Londer, nt Londor's optlmi, moy romovo Truatoo and oppalnt a succossor trustoo by tirst, mauirtg e copy of tho
<br /> substitutlon ot truatao es roquirad by oppltcublo law,und thnn,bV filing tho aubstitution of truetoa for rocord In tho offico of the ropistor of doods
<br /> � ot oach cou�ty In which the trust propurty,cr som9 part thoroof, ia situatod.Tho succossor uuatoo,without convayance of the propeRy,shall
<br /> ^ i succaod to all tNo powor,dutfos,suthorlty and tiila ot tho Truotao namud In tho daed ot trust nnd of nny succossor uuatoa.
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