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<br /> - ,�{ "'� =, , - - . ,cov�t�t�s• �• � � � � � .�
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<br /> ` , ' t� � t. Paym�erts. 2ormwes agra¢a to make eD p�m�risa cn.tP�e.sec�uad Qcat vehan�ue. tJnteaa Eorrawar.antt l.e.�der egrea othorwtse, anY � ''��'�; � _
<br /> xF �r.. .. ' W3V��tu LanQer sec�ives ftam 6aFrativer or�for 8acr4ti+rat's bsitefit ur81 tr�cppi�f firat to tny emowns 8artnwrr o�Hes on the escured debt ���t�e.�x.t.;�r-,,,,6,-�
<br /> - .� �_ � e�rtusivB of i.�arest oc prtneipsf.secar�d to ttn�re�t,ar+d tflen tQ�rir�etpnf.�f p�rfl�f GnDpymeM ot Etta eaetueQ dehi ascurs fa7 enY►essan,k wiU., . Mt�•�A� _..
<br /> �,,�� � � , rat reduw or eawz-�s s.�r,�sche=�.'�6 pay�errt urtii U't�ascust3�9 6��1�p�t�J in tu�i. . , ' . . _ - . ��} ��'�,�
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<br />� �`�.�'� `..," � 2.Gfa6sa Agdq3 71tYS.8nrcowar,�(p Rayr eQ tascea.8'a9fii'aTG4RY8.end ouler ci��g�y attributebie to the�o peny whon dua an0 wiD dafert8 titta �'�,=_.. �h�
<br /> � ��z�� to the ywperty agebmt erry ctatms wtilch wa�IId Im�te.Tr the Itmn of thU deed of�a�t.La�er may�eAui►a Barravrer•to assign any►ightfl,daims ar . �,y z.�:<�`E�-.�
<br /> �,,,��.�;••:`,`•c.:�.� dat4�nses vhicb Barrower may havo ap�Ir�t part[�a viif�auypfy IaCat ar met9ri�!a to lmprova o�nes�tn ths prqRenY• , �,�.
<br /> � "`s. .x, ` � 3.[ttau�c�.8orrawet wtD keep the property ifrsttted urtlier terrtss eceept�C:s fo�.endtr�t 8anower's expanso and for lander's bsnefrt.AU '� �`,, ��::t�c-'��k'
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<br /> . •-�•;-,� ..• Msur�ee palicies st�aU(n�hrda a ssar,dard mmtt�sas eItuse ta favat of 6ec�dee.l.an6n wUi bs nam�d es toas paysa or as tAa inswed on erry swcA. , . 4.,r�
<br /> y `. ' .. ' irtStUBnCe D01tCy.Any insuranee praeeada may 6ec+�pltsd.wtthf�4andar's GiaabYlott,to 4Ith6r the rostos@iton m+epair of the Qamaged properqt •
<br /> � " ' � ar to tha seaued deLL I4 tonder raq�'res mortgnge insutance,earrovrer�reas to metntain sucfi Insinance tar as(cn8�lendar►apuirea. - •4' « < ,`�'.�. :
<br /> _ � � 4.Praye�ty.Botrower wID keep th9 Qmpazty(n gooA tondittOn etk)rt1slte�fCp31t9 tCt8�t19bTy rtOCC&98ry. � , � '
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<br /> # - x �5.�.�OtYOLYet BgSEQS i4 F9`,J S!!!CtlQBYa 8�°[t3�.J'.ltf�QIIFQ fB�S'4M�11�!Rt!^_tMy3'�9G�9.i}HQl►4wal bie8k8 aFty GoveneMA in tt�t8 daed ;!
<br /> � , " � t . •� ot trust or in arry at�!'v�atian aeauad by th3s Asta of Vus�Bnnower wUlpay thCfe amgunUl to lenQer ea prov�ded in Coven�t 9 af this deed of ,•a ;u _
<br /> . truat. < . . -.
<br /> ` :� ��.`'' ��•� 8.v�tm Sac+uity tatara�.Unte�s Bodowrer flr�t obtetn9 Lande�'e written coaxent,8onowe�witi not meke or Dermit rsy ct�r.r.�ms to amr pder , . ` ' " •
<br /> - ' •'�`�'= '"�� seaudy.irterests.8arrower wiU pertorm a0 of Hoaower'8 o611gailan9 tmdai e�ty�ior moRgagtr,Qas�at trust oa othctr.ceixarrtr�q�reemeni. • , � ,
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<br /> ";�;,;`=����;�•�� . �., inciuding.8arrov�'s cava��tu make D�ema vrhen due. •:. : . :..: �-.�. =
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<br /> ''t-'� 7.�: e!�,en4.Pfa�d.8orrowar assi rts� to lender tho ranto artQ 6tat1U of ths proparty.Uniesa Barroxer and Lendsr�h��greQB �
<br /> �-.L.ix.•,:,. .•.,r. .:.:.'% 8 � :7ct.'!!'::'. .
<br /> � o sv n wriring.8crroY�ra�,may coUect and retatn the rema as ton8 es Bbrrower ia nat In Q�tautt.tf 8or►awer QefaWts.tendr�r Lertder's ' .c;,;�r14;,��• � .�
<br /> ;!,!'�;- ";. . ��,-`<<l• agem.o a eowt appat�ttva cecatverma�tel�e pflSSesafnn and maneae the propeny ar�coi(eet tAe tertts.AqY rentt LsnCer coReets ahall Ae E.;�tp��,..;. .,'`.• °`.
<br /> : � '�, � f�" ap�'1ad�to tho,cdats ot managing tfro praperty, including caurt cesta snd ettomsps'teea,cotnmissions to.rer�tel a Qe�s,end ariy othar � � _
<br /> •+� ,:.�,r,� `,:�, �:` aac�ssary tot�t¢d dcpenaes.The ramafNrig emwint of rento will then eRPh►to paymeMO on ftte eecured QeD4 es Orovided(n Covanartt 1. ,.. • : •t"�,'
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<br /> ��y� ..'',�.• `�^ , &IanNsdda:Ca�omtrd�mw:P(�msd Untt Dav�tagrtaM�.Boaower agree�to compryVvtth the prn+rbtan#et en�teass if this deed ot crust is on . .4 r:.�--:.�',;.
<br /> •;.���� ' e teasslmtd,if this Qead of tntst is on e unit in e con6emtMnm or a plaruiod uNt davalopmorit,Banower w:19 pOrtOtm etl of Borrowara dutiea :
<br /> '� ` 4,� , under the covenarsts,bydavus,or regut8tions af tfie conQominlum or pianned unit deve(opmenz. _ f. �
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<br /> <�; ` ' , 9.Aut![ariry of I.i�v to Psr[arm for Bormwa.If Borrower teiis top ertorm nny of EaROwer'e dutfe�unQer tAle daed ot uus�t,ender may ' • '
<br /> �� . , ' �atform tha duttes ar cause them to 0e porformed.Lendar may etgn HorrowePs name oi pty any amount 14 nnce�aary tar peAortnpt�ao..t9 ar�y �. , } � � � �,
<br /> -�' ' construadan on tha pmparty is diseorttlnued or not carried on in e�easoneb►e meflnar,lender mey da whetever te neceasery m yroteat EerE�er'� „
<br /> f' � ` ' sas�ty tnterest tn the property.This may Indude campieUng the consuuctlan. . ,�..
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<br /> :.�y-^x;.�-�, .--�. � • Lere��a tai[ureto perform will not praGuQe LenQer Nom exerciatng any ot its othpr q�to undor t1u taw ar thf�dud of Veiat , �' -
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<br /> ti � ' Any amour�ts paid 6y LendeY to pmtect Lender's see�rity interast wi0 6o secured by thla deed ot truat.Suah amouma wiit be due.an 6�sais3 • ,
<br /> %rf�� � _ �t . enq wilt baar interest irom the date of the paymerrt urrtil paid in full at ffie interest rata in effect on th0 secured 4oEt. ��'f� � �
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<br /> ��"� I ' r 10.Q�fitdt�d Acs�teraSan.N Bortcwer faits to mako any payment whan Que ot broaks any wvedants under this dead of tn�Los a�: "� "�
<br /> �`.;._.� .-.. .. � _ � obUgation seGUeO Ey this Qead at trust or sny prior mortpaga ar daad of wsL Lender maV eceoturate tAe maM(ty ot tho eocuro0 dzbt and ____`_...f�;��..
<br /> , .. _ _ . . demand lmmediate paymens and may imroke the powar of eata an0 any otRer reme�laa permittod by eppllcaDto taw. . ,, -,:.�
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<br />_- . ' 11.ReQuest for[dotlN o!0�It ia horeCy requested that capias of tha not(ces of defautt and enie ba eent to eact�pareon who is s p�r, � • ;�:% �"
<br />��,�, �' � ; .hereto,at the address of each such person,ae set forth herein. • .
<br />"��``� � 12.Power of SaTa If the Lendsr inwkes tho power of seio,the Trusteo eBail flrst record(n the affiee of tAe reptster ot deesda a!eaeh couMy - ' •
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<br /> , , wherein tAe trust property or eome part or parcel thereof is situatod a notica of defaufi contalnir�the Intormatlon tequited by law.The Trusrae • . •� �
<br /> , shat!atso maEi coptes ot tha noUce ot�efauit ta tha Barrower,to each persan who is a parry hereto,ond to other poraona aa prescri6ad by '_;.�' . .
<br /> aypli�3te law.Not tesa than one morreh after the Trustee tecords the notica of 6efault or two month9(f tha truet proparry�s nat in any •� ,
<br /> °�`'-�� •incarparated e1ry or village end ta usad tn farming o�peraUan9 carrted on by the truatar,tha fruetee ehall pive pubtto noUce ot sete to the persons
<br /> .:.o;:±�yy., . . . . . . , �f�- i:`
<br /> ,� ,�„" •� •a•~�• „ and in the manner prescribed bv aDAD�lca6te law.Trustee,withaut demand on Bortawer,shall ee0 the property et puDtic 4uctlon to the higfiast � • r},*
<br />_`;f;: , �t• Oiddet.If requUed by the Farm Nomestoad Protaction Act,Trustoo shall oHnr tho proporry in two soparato ooto9 oa roQuirad by appllea6te law. � � '
<br />_.y., Trustee may pnsqion9 eate of at1 or arry p�cel of the property by pub8o annauncement at the tima and ptaee of�r►y prevlousty schedutad sats. `�;�;�� '
<br /> .`', � . ' tsndos or its Qesigrtse may purchase the propeRy et any sete. yi: ` ,: �-:
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<br /> Upon receipt o!poymant ot tha prica btd,Trostes ahett deliver to the purcAaser Truatee'e Qeed conveylng tha prop@rty.Tha reciilata contetned tn �'s'.'• ,
<br />�' . � TnisteB s daed chall�e prima tacte evldlence of the wth of the statementa eontainod thoteln.Truateo she�l¢ppty tt�o ptoce00s of tha eat0 in the ':4�' � � �'�
<br /> " " • foftowirtg order: (a) to ail e�ensos of tho satv, incNdin�, but not Iimitod to, �oasonobto Truatea's teoe, reaaonpEto atto►ney'o foes ond '�;':� ` '
<br /> , � reinstatemarn fees;fb1 to ati sums secured by this deed of truat.and(c)the batanco,if any,to tho parsons tag�t(y antdlod to racolvo it. " � ° �'
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<br /> � ° 13.Farodfls�e.At lender's optfon,this deed of trust may bo toteciosad fn tho mannov provlQa by oppifcatsio law for toroclosuro of moRgaII� , ' i
<br /> i i :, ., ., on real property. . "'6�� ..
<br /> �� �� 14.tniwction.Lendar may entar the property to Inspect it A LenQer gives Bortowor notleo bflforohand.The notice muat stuto tho roasonabie - • ••
<br /> -{� � ��� • ,� causeforLe�Qe�sinspoction. . '
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<br />- .:::.7;�`��`: 16.C:c�3rrrnufbn.B4rrower aeai ns to Lender tha Proceeds of eny awerd or ctaim far Oamagea connected�vith e canQemnatlon ar uther teking . ';
<br /> af aY1 ar airy part of the proparty.�uch rocaads wi116a appfied as proviCed fn Covenant t.Thia aseignment la subJect t�ths terms ot any prtor ����.,:��, '. •
<br /> :.a '.,.. ' ;�-� security agreemorn. . P ;;.' • '
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<br /> �• � - 18.WaivK By e�carcising any remodY availablo to Londar,Lander Qooa not qiva uD any righta to lator uaa anv otho�romuOV.By not oxmcising '
<br /> '`; �,�a: , . ��-, arry remedy upon SorroweYs default,Lendor dooa not walve ony right to later eonsidor tho ovont a dofault lf it happon�agaln. �?,�.,���"
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<br /> 17..rars7 and 8evuY Lta6�i� ;Casign�rs:8uccusai and Asst�s Bound.All Qutles undnr thls deed ot uuat are Joinl and sovaral. Any � fi�,•�,•.;; .
<br /> � ' • BoRO�who caslgn9 tAis deed of trust but does not casign the underIylng debt instrumontta) doe9 so onty to pran!and convoy that � 1'.;:. .,,: ,� �
<br /> '� Borraw*�'s imare.st in the property to the Trusteo unQor the torma of this deeQ o1 trus�fn addiUort,such o Borrower oQreos that tho londar tnd ' � ,
<br /> •'' ' any other 8ortawaz u7dor thia daed of Vust may extend,moditv or make any other ehangea In the tarms of thle QeeO of trust or tho encurod '' .;�•` ;��
<br />_;�,•:. • ' . debt without that Bxrowe�'s oonsent end without reteasing that Bonower flom the term�of this dead ot truat. �,,'�,��;,�• .
<br /> � Tha QuUae and baneflW o�this Qoed ot trust sha0 Cind an0 Oonnflt the succossore t+nd asaigns of Lartds►ond BaROwot. ' � `"���f�� ' •
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<br /> •�� •"• 18.t�a�Ie�.Untesa otherwise required Dy taw,any nottca to Boaower shatl be qlven by dol►vering Ie or by ma(Iing it GVi certlfled mait oddroase0 to � •. :i,.�:.
<br /> �•{��� BO:rcv,re►at the propertY address or enY otAer adQresa that Bonower hos givan to lendet.Borrower wUl pive arry notice to LanQor by cartitie0 • �
<br /> � �'�•'�� ��~� matJ sa i.ender'a adareas on paga 1 of tnts Qeed of truut,ar to any oihar eudress vuhich lender hes deaipneted.Any otAOr nottca tn LonGa�eAnll • �
<br /> ''r .� �;s� be sertt to Lender'a address ae atated on page 1 of this deed of trust. �
<br /> �;4 � • . .<<j�, Arry noUce ehail bo dnemed to have bsen given to Barrower or Lsnder when given in tho manner eteted above. . • .
<br /> _ �' ' ' 19.�eatuhr of tf�7roputy a�B�ticial hit�nat tn th�6amwK.If all or any port o4 the property or any Interoat in It Ie sotA ar Unnsterrod • �
<br />� ;-�•�s�'ss�<,1,'=;;�;r�" . wi�r.�lender's prior wrinen cansem. Lender may dem�nd Immediete payment of tha secured debe. lande►meV eito demend immeQlete � • �
<br /> -. ..ar.��le,.,.S�;•;.� ;; .,. pag�s�t If tho 6onawer ia no1 9 natwal porson and o benetictaf Intatest In tho Borrower Is eotd ar Vanster►a0. Mowavor, landor may nm �°��
<br /> � �..�;,`..,,�. da.^.ut*d Dsl►merrt in tha above skuatians if it is prohiGited by fedaral law as ot tha date ot thi�deed of trust. � • •�' '
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<br />�,� ;.,�'._� . � .��F; 20.Rocamrayur,a.When tho obligation securcd by thia Qeed of bust hna been paid and Lender has no turtAer oDlipstion to mako odvAncoa � '
<br /> � under tha instrum�:,ts or egresmonts saeurad by this deed of truct,the Trusteo shet(,uDa•wriKen raquaat bK tho lvndor, roconvoy tAa uuat E �
<br /> �`'� .•��; . �..;:,�. �• •�. property.Tha LsnQer ahall delivar to the Bortowar,or to Bonower's sueeessor in intaroat tiro ttust doe0 end t e note ot otRar ovlQonco of tho ! ' .. '
<br /> ''�• •• �• ohllDat10t160 68IISf18d.Borrowof 6hall p3y any recordation Coste.
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<br />�`•_��'•�:�;Sy�' � � 21.!'�ucc��sp�T�ustH. londer, at LondeYs option, maV ramovo Trustao and appolnt e succossor uu�toa by firot, anailinp o copy of tho �
<br /> �'L.��. ' � � substituUon of fiustee as requiroQ by appficub�0law.and thoa,by filing tho substitution of trustco tor rocard in the oNtco ot tho roptflta�ot daad9 ! � � �
<br />-�: _ •' . of each county in vuhiCh the�WSt property,ar some art thereof,le eltuated.Tho succossar trueteB.witRout canveyance o!thv praputry, ehall ;
<br /> ... � ,. succeed to all tho power,dutiee,authorlry and tiUe o�tha Trustao namod in tha daod of Vuat and of any succossor trustco. , �
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<br /> .'. BAMIEiLS SY87EMS,QtC»ST.CLOUD.I'dN GU70111�80639T•734U FORV OCPMT3N8 8119191 .
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