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<br /> 6. If lha Borrowor�1�c^inl malnt�m or pny tho promwms for tNo roqulrad i nsuranco of�hu Propuny,or(bl pny taxos boforo dohnquont,or , ��
<br /> (al pay any omount duo undnr n prior mort{�apo or truat dood boforo dolinquont, or(dl mnintoin tho Proporty m good ropofr,or(o)porform � _--
<br /> nny of tho oovonnnto or ngroomonto ot this Truat Dood, 4hon tho Londor mny,nt itn option,poy woh Inuuranoo prumiums, tnxo3, mortpn{�o __
<br /> or trust dond paymonts,or mnko ropaire r�nd di�hurc�o auch oums and tnko such notlon on It Joom�nacon�ary tn protoot fto tnroront without -'—
<br /> , wmvfn{�or ntfootinp rte right to dacl�ro or dolnult and naculornta tho dobt nocurod horoby bocauoo of any auch faduro of iho Borrowor. Any n••- .
<br /> amaunts ao disburead by tl�o Landor ehall consNtuto:�dditional indobtodnose of tho Bnr►owor eocurod by this Truat Dood and 3h�ll boarintotoat
<br /> from the dnto ot disbureomont nt tho rato poyeble undor tho Noto. Nothing cantninod In thie porng�aph ahull roqulro tho Londor to maka nny '' �5
<br /> �uch dlsbursomnnts ar tal(0 011y 84tf�n tVhnl9nCVaL � ,. � �
<br /> , 6. Tho Londor may mako or cnuso to bo mndo roasonablo ont►ios upon and inspoctfan of tho Property. ` • "_--
<br /> 7. Tho procooda of any eward or claim for domagos, diroct or conenquentlnl,in connootion with any nondomnation or athar tekinp of tho • `n`�
<br /> Proporty,m pntt theroof,or for convoyanoo in liau of condomnatlon,ero horoby esaignod and shall bo pnid to tho Londor to tho oxtout ol tho k==-
<br /> �� full amount of tho romaining unpmd indobtadnoss socurod by thie Tiust Doad. {-
<br /> _�,
<br /> If tho Proparty is ebandonod by the Borrov�or,or,if attor notico hy tho Londer to tho Borrowor thut tho aondomnor offora to mako an awnrd " ' ' `"
<br /> , or sottlo a claim for damngos,tho Borrowor fails to roepond to tho Lendor within 30 dnys aftor tho dnto auch notioo ie maflod,tho Landor .�+-
<br /> is authorizod to colloct and Apply tho proaoods to tho sums socurod by this Trust Ueod. .
<br /> ��_e . ,.-.t't
<br /> Condomnanon procoods or�wn�ds shell bo craditod to tho last maturing instailmonts of tho indobtodneae soourod and ahall not oztond or �'�i�;_:
<br /> postpano tho duc date of the installmonts rnfnrrod to in paragraph 1 heroof or chango tho t�mount of auoh installmnnts. ' . ,w,,'.
<br /> � •'�.:
<br /> 8. If iho Londor issuos n parti�l rnloaso of�h13 Trust Daod,tho procoads recoivod thorefor ehall bo croditod to the laet mnturing inatallments of ' a�k��
<br /> . the indebtodnoss aocurod horoby. • �������
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<br /> 9. If the Londor oithor voluntarily or involunt�nly bocomos a pArty to�ny suit or Ingol pr0000dinp rcluting to tho Proporty,Noto or this Trust �ood, s�= ^° '
<br /> thon tho Borrowor will rmmburao tho Londor for nIl costs and, to tho oxront pormittod by Inw,roasonablo nttornoys'foos inourrod by tho �'`�`�'
<br /> Londor rolating to such suit or logal procoodmps nnd said sum3 shnll cooatituro nddaionnl indobtodnone soaurod by this Trust Dood and bonr -
<br /> mterest at tho rato payablo undor tho Noto,until paid. r�'�� '
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<br /> 1 O. As additionul socurity,tho Borrown�dooa horo6y++ssign,transfor nnd sol ovm tn tho Londor, in aaoo o}dafault In tho po►/ormnnce of nny ��^w�°��
<br /> of tho torms or condrtions of th�s irust Dood,!ho Noto or tho torma of ony indobtndnooe nocurod horoby,nll o}tha ronto,rovonuoo nnd nny �• �,_--
<br /> incomo of any typo whnteoovor to bo donvod fmm tho Proporty,includmg Innd contraot pnymonto. Tho Londor,In poroon,hy n�ant at bp '�►��"_��
<br /> rocoivur, without rofl�ud�o tho solvnncy or m:+olvancy of tho Borrowur or tho vnluo of tho Proporty,nNnll Do ontltlod to loka ponaeuuion of, "�"4---
<br /> ropalr,rom nnd mannpn tho Proparty:md to colloct tlio roms,rovnnuoe cind inoomo thorohom and it mny pny out ot eold Inoomo nll oKponsos � °y;��—
<br /> nl ropav and COH(F IIICUff�(J in ronhn{�nnd manaflinU tho Propnrty and colloctin{�rontn nnd for pnymont of Inawanoo promlumfl wlqh nny �-:��-
<br /> rom�mmp bnl;�noo rn bn.�pphod tn tho la�t mr�tunnp pnymonts of tho dobt socurod horoby. Upon p►ooantlnp a oopy of thlo Truot Daod nnd
<br /> domand m nny Inssoo, tonnnt ur cnnimct purchn�m nf tho Proporty, euoh por�on ohnll pny nll ronto, pnymonto ond prolrte ncoruad or • -
<br /> thorouftor ncmuin�to thn Lundar untd lurthor noticn Irom 4ho Londor. ��
<br /> 1 1. If all or�ny wut ot tho Propnrty ur nny inturast thoroin is doodod, sololy by land contract or othorwlou aonvoyod,olionatad or furtho► ' �,. _
<br /> onoumborod o�thar voluntanly or mvoluntorily wrthout tha Landor's pnor wntton consont,ozcluding l0)a transfar by oporation of lo�y upo� . ,.
<br /> tho doath of n joint tonnnt or(bl tho grnn4 ot:�ny loasohold�nterost not conroining an opUon ta purchuso with u lunso torm of two yeare o► �. , .
<br /> loss,or(cl tho cro�tion of tho purchuso monoy socurity intorost in housohold eppliences,thon tho Londor may,ut ite optfon,doclara all sums �i #
<br /> securod by this Trust Dood to bo immodintoly duo and payablo. .,`.
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<br /> e',�Y
<br /> 12. Upon tho Borrowor's broach of any covonont or agroomont of tho Borrowor in this Trust Docd,including tho covenunte to poy when due nny i
<br /> sums socurod by this Trust Daed,tho Londor, at its aption,may doclara ell of tho sums aocurod by thls Truet Dood to bo immediataly duo Y��•�
<br /> and pnynblo without furthor domend:ind mny invoko tho powor ot salo and/or any othor romodios pormittod by applioablo lew including tho •••" �`'
<br /> right to forocloso this Trust Dood in the mannor providud by iaw for tho toroclasuro of mortp�gos on roul ostato. 1'he Londor ehall bo ontitlod � .:,.��
<br /> to colluct all roasanabla costs end oxponses incurrod in pursuinp euch romodios includinH,but not limitod to,and to tho extent permitted by i •� ,
<br /> law, ioasonablo attomays' fons.
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<br /> If the powor of salo is invokod,tho tnistoe shell iocord e notico of dofnult�n oach county in which tho Proporty or some part thotoof Is locatad �� '
<br /> and provido notico thoroof in tho manno►proscribod by applicablu Inw. Aftor tho Inpso of such tlmo as may bo roquired by applicable law, ,'?'���"�
<br /> tho Trustao shall flivo publio notico of eala to tho porsons and in tho mennor proscribod by npplicablo law. Tho Trustoo,or tho aMOrnoy for I ', +��
<br /> tho Tniston,without domand on tho Borrowor,shall 9011 the Proporty nt public nuction to tho hiphest biddor ot tho timo and pleco and undor
<br /> tho torms dosignniod in tho notico of salo in ono or moro parcols nnd in such ordnr as tho Tiuscoo may dotormino. Tho Truatoo may postpono ''
<br /> saln of all or any parool of tho Proporty by public announcomont at tho umv and placa of any proviously schodulod salo. Tho Londor or tho ( �
<br /> Londar's dosignoo mey purch:�so tho Proporry at any salo. �i
<br /> Upon rocoipt of paymont of tho pnco bid,tha Trustoo shall dolivor to�ho purchasor� Trustoo's Dood, withn��t warranty,convoying tho � ��
<br /> Proporty sold. Tha roatnls m the�Trustoo's Dood shall ba prima tacia ov�donco of tho truth of tho statomonts mado thornin. Tho Trustoo shall �`
<br /> apply tho procaads of tho nale in tha followinp ordnr: (al to all roaeonablo costs and oxponsos o(tho ealo,mcluding,but not limitod to,tha I �1
<br /> Trustoo's foos ol nat moro than 5500.00 plus.5%ot tho�mount socurod horoby and romaining unpuid,and costs ot titlo ovidonco; Ibl to •�.,. •
<br /> all sums socurad by this Trust Dood;and(r.l tho oxcoss,�f�iny, to tha porson or poisons logally ontitlod thoroto. '
<br /> 1 3. Any forboaranco by thn I.ondor m oxorcisfnp any nght or romody horoundor,or o�horwiso aftordod by npplic�blo law,shall not bo a woivor
<br /> of or procludo tho ox�rciso of any such nght or romody m the ovont of wntinuing or tuturo 6roachoa by thn Borrowor.
<br /> 14. All romodios providod in this Trust Daod nro distinct and cumulativo to nny othor nght or romody undor this Trust Doad or eHordad by law
<br /> or oquiry,and may bo oxorcis�d concurrontly, mdopondantly or succassivoly.
<br /> 15. Upon peymnnt of nll suma sacurod by this Trusl Dond, tho Londor shnll roquost tho trustoo to roconvay tho Propnrty and shall surrcndorthis
<br /> � Trust Dood nnd all notos ovidancmg indebtodnoss socurod by this Trust Doed to the Trustea.The Truotoo shall roconvay tho Proporry without
<br /> � wnrrnnty to tho porson or persons Iogally antitlod thoroto. Such porsonor porsons shnll pay all costs of rocordauon,if any.
<br /> � 18. ThQ Londur,at tho lundcr':;opUOn, mny from um�to tnno romova tho Trustoo and nppomt a succossor Trustao ro nny Tiu9too appomrod
<br /> horuundor by nn instrumoirt rocordod m tho counly in which this Tiust Daod�s rnco�dod. Wdhout convoy�nco of thn Pioparty,Iho succossor
<br /> � Trustoo shnll tuccnod to.�II U�lo.powor and dutios confarrad upon tho Trus[oo horam nnd by apphcablo Inw.
<br /> 1 7. Excop[for nny naUr.ns,dom�inds,roquosts or mhur r.an�municahons roqwrod undor npphcnblo law to bo flrian�n.�nothar mannor, wl�onovor
<br />- � �ho Londor, tha Burrowor nr �ho Trus�oo grvos or sorvos :�ny nohco pncluding, wrthout hm�tmion, nohc�� af dnfr�ul� and nohco uf salol, :
<br /> domands,roquasts or othor communicaGon with rospoct lo this 7rast Daad,oach such noLCO, domond,roduost or nUior communicauon shall
<br /> hn in wntinn anri ah�ll hn nf}nrnvn nnlv rt:hn a�mn�c dnLvnred bv nnrannal snrvir.o nr maflnd bv rnrt�IfnH mnd nn.tan�nrnnmd r�tum rnr.nmt
<br /> � � roquasmd,addrossod to tho addross so�forth at tho bogmning of this Trust Dood. A cupy of uny noUCO of dotault.,�ny noU�o ol eilo.roqwrod
<br /> or pormrttod to ba givon horoundor,shnll ba maJod to oach parson who is a par[y horotu:�t tho addroyn sut lurth nt�ho bogmrnr.y of�h�s Trust
<br /> Daod. Any party may at any hmo r.hanflo ns addross for such noUCOS by dohvonng or mading�o tho othor paruos thoroto,as atorosaid, a
<br /> notico of such chan�ao. Any notico huroundor shall bo doomod to hrro bovn{�rvon to tho Bo�rowor o�tho Londor,whon yivon m tho rnannnr
<br /> dosignatud horoin. ,
<br /> � 18. Tho covanants �nd aproomonts Yioroin containod stiall bind, and tho nghts horaundar shi�ll inuro to tho rnspoctwo hoirs, porsonnl '
<br /> , roprosontmivos,succossurs and assigns of�ho parUOa. All covonants and agrenrnonts ot thn Bonowar shall bo�mnt and sovanl. WF�anevor
<br /> rofaronco is mudo to tho sin��ular horcundar,rt sh�ll mcludo thu plurnl ond tho plural shall mcludo tha smgulur.
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