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<br /> ---- s.• . !. Btym�rs�.BmrdwEr e�eea ta make aUpayme rlss an tha seetaad�ht v+Aen dus. Uatass 6arroNnr ert0 4estQes at�e�ethesvYlss. enY • .:...f=�� .� �:
<br /> � _ ^-. � .Csymesim Ee�raealsra�from Eomywer ar fat HrrtoHrefe benefit�n'�be a9Di�ed fkat to ar�y+amutmte Barrawar orvas on tha seaaed Qabt _, --
<br /> � � ' eYCRmlva nf trKeren or CNndaal. �ter.mm�Qto i�meresL and than to�i�sc�ipal.tf p�tiai preyaymaM of the settivad QeDt acau�e fa�erN raasasf.it w�7i � � �-��� _
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<br /> 4 r ' rtot r�cr axe�sa�riyt sehefi�od papmES}t ur�tU the atcured dnh2 ia pr.i�tn(uJ.
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<br /> ` . �.�&a��si TE�.ButYOwe!uiriit pay e7}t��:d�aeasmerne.end a t hei ahargod amih�tehio to tlhaprogeny w h en due end wW dafartd ttti� �� r�� `
<br /> R���'<.,�..': �,� w tne pro�y a nny cLtms w�tafi uirautd Impatr Yns lien of thia dead df trust.l.esder may rnquUe Earravrer to asst�n any rtQAte�daAns er ': i =
<br /> x �,. . • dafe�,ses whlcT+ orrower m�y hi�e agt'ntt putie��nrho su�D1Y tabor or matcrtels to ImR►ove cr rtealntaIn 4he R�Ps�tV- , �„'_..-.�-
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<br /> . r, , � • �.�a.8oaower wiii keep tAs proAert�►(naiued under terma accapta�!e t�Lendar at Barrovref.a e�anae and ter Le�ers Oertetfi.All � � "�. `����.�.�:x,r;_-
<br /> `�� ° � fnstnanCe pofIc!es sha11 Fnchtde e standard mo�cta�e In t&var of Lsndru.4end�wiil tra namaA es toss payan ot as t h a I nstuc d on cny ouc fl , . , °°. ,.:�.' .
<br /> ::t. `.' � (risstrence po�CCy.�Irteivanco pmeeeQs ma�_�Dip ied.�within LertQer's disueUnn.to eithtt the►estoratton ar repa's of tt�a damagad pzaperty � }e < ...-
<br /> �<, . � �`'� o:w Uro securaQE .I4 Laitder re$uaes aia �nswa� Banovyet egrees to me:me(a such iruursr+co tor as tong as tendar tnqutrea. ': t" �,.-�^;`'•.=�=
<br /> ~� • 0.Pra�axty.Barrawer wil!�ee�t6a propsrty tn good eonGitFon and maka e!1 reaatrs�oasanabtY�aeessa�v � . :,�.•: r;_j. � ��.,'
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<br /> • • , �� . b.6�ltuea.Hamower a�ees to p�it a0 Lendefs e�onaes.�nctuding raasorfa6te attomeya'teas.if Berrawer Creaks any cnvena�in thln daed � . � �.
<br /> • ' ,: ,.� af�rust or in any abifgattan'�eciueA 6y 8�fa deed of tru.,�t.Barrowet wID pay these emoimte to Lertder as proviQed in Coven+��S of tfits deed ot • , ` �
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<br />— -- --_-_=��;�- .8.���?!le�.UcAesa�AVV�first obf�ins Lend�a written cansazrt.Acrtou+iar wRl rtot ma8e n!4fl��Y m�8�m anY P�- , - ,
<br /> • see�ity ir�resfi.6artower wul parfarm aD of 8nrrowars o6Ggatimia under arry prior murtgage desr.d of uust ar oU►er seewiry agreement, � �� .�- :, �,
<br /> . .4.:�. _ ; inGvdirtg Barravrars wvenants to malce payments wtten Qus, .��:� .+ .
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<br /> 7.A�of R�ei0 ProlFts.Bermwer esstgns 40 lender the rents and Prmfits ot th�pmgeray.UttS9ss 6otrowet and Lenler hava a�eed '... , "�..�.
<br /> � ,;: - �• , atherw ss in vuriting.8ortewer may caliect artd retatn tha�ems as[ong as Sortnwet Fs net in defauft.If Borrovrer defauita.l.eader,LenGer's
<br /> ! � .. agenL or e cwat agpofited recetver m a y taYe Rassesstnn and.manage tha ptapetty and eoitaet the rertts.My rerrts lendar wUacts ahaU Qm . `.;�;,•'-�
<br /> `;�— . .,` ,,'; eDPlled first w.the costs af managIr�t ha praperry,inctudsng couut casts and airomeys'toas,mmmE�sians to rer�lage ms,artd any aUisr , ,.,sa,: �_s,.��
<br /> ,�•� _, •? nocassary retated expenses.The remanfig emount of rema wn'ii then appSy w paymerts on the seaued Cebt as provided in Covenant 1. • . `
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<br /> .. �`:,�` S.Lws�fiWdr Cuc�:Pl�srw�d Utfk Ontatop�SorroHrer a aes w eompty with!ha provisians of any lease'rf this daed of trust is an ,;• ' ,
<br /> ` a Ie�sehotd,f�ihta dasd of ttus4 ia cn a unii tn a eondommi�un ar a p�irtned unh davalapmert,Bwmwer w�perform ati of�nawers dutins . ":: �
<br /> , � under thx tove�tartts,bWlaws.or regutaSons of tfse eartdomtnhim or ptanrted unit deveiopment. . ` . �.�,•'�.`
<br /> - 1.,.. � ' ., � ` •' 9.Autlaaf�p af i�e to par[aem t�Boraainr.H Harrawer taita to otttorm any of Borrower's Qu4ies under thts deed of vust, Lender may �..`
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<br /> ` • 09�fam►the dutles ar cm�sg thsm to da pariortned.Lender may cign Barrowera name orpay enq amaernt if nswsssry far p�fanrumbe.H any '-�-:;_ i:_ .
<br />- ' � constructfmn et►ths yropsrty is disco�ed ar not canied on in a►exsoitaLSe mara�t.Lender may do v¢hateyer ts necessary ta proi�acc Lendefe �
<br /> � ;j.;l_.._ :�..;�.�: SeGUiN it:iBt�B"t u1 tlte properry.Ttiis may Inaude complsting th9 consmictinn. � _�... _ '.L'�:..__•
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<br /> . ,��, ,`., •a . �Lendefa ta➢hue to perfarm wHt rtot prectuEa Lemdsr finm e�edsir�arry of its mtser ri�m undes the Iaw ar this dead of trust. � . :.,`��' �`:,,,��.
<br /> � • � �''< Ac�y emeurt�patd hy lender to ptoteet LertIIefs seauiry interest wiil be seauea by this deed o!t�u�t.Suefi emounts�+nTl 6s dus on demend '`:
<br /> ,. ' "e�adll bear intereEt irom the date of the paymerrt unU'1 pafd in tuli at the Irtterest rate in effact on tf�e secaued QebL ,� �s_, � • �
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<br /> � �v� t0.Q�P�nF!�AccduatJ�►. [i Bortav�er 4afls to make arty payment whan due ar 6reaks arty cmr�nartts unQer this deed of trust or any - - - - �t°<' Y
<br /> r ` � 1.�"<<;;.`T ohIIgatFon seciaed by fhTs deed ot tnut or eny prior martgage or aeeG oi trust,Lendar may aeceterata�s m�of�the seaued debt end .
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<br /> , '� � damartd imn�ediatc+paymerR and may imroke the power of sate and atry otAer ramedies pertrtitted by appGca6te law. � , ;
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<br /> a:r�• � �� , . . � .11.R�C�s4 tar t�ati*.�09�stud�it is 6sreby wquested that copies of the notiaes of defauft anb safe 6a sem to earfi pereort who is a party � ' . � •
<br /> . �, • , :'hereto.�at�e admress of esch such persan,as set forth herein. • � �
<br /> f '1Z.Patr�*ai�a�S�(f tha Lender lnwkes C.'.�sr 8ower of safa,the Trustea shall first recard In ffia offroa aE�'rs ce�soe�of deeds of eacda.catmty �� .. . ..�'� '•
<br /> • whars��°c��sst propertY or same part m;,ti�t thereot is situsted a na��s of detault conteining tha Ecrfi�,r.attan required by law.Ttaa Tiustee ���?�•, aIF;
<br /> • � ' ,. st�4�'�m armi coples of tha nuiice of d�Gauit�ta the Borrowar,w eadi.�arson who is a party herem,�ms�to other persons atipz ed 6y • + -
<br /> ('e , . ' , a3pGq�ss'is llr.a:Kot lesa thar►one mQrtt[��l�t the Tr�sUSS reeords 6r�*aHce of defeult, o�two morswh3 if U�e t�wt propar4y Iss�noi�n any • • .;• r� .
<br /> • • �.ocry^��city as v(Itaga��d ta usap in farmTng o�perz..^i�s�cartied on by tfia Vu�tcr,tha T�ustee ehaU giva pubGc m�as ot sale m ihe persons , ., ,��
<br /> • att!ht�ce setanner prescn':�bV eppDticabte taw.Trus�,ur�tfiout demand on 8ortower,sha0 seil�lta property at p�a aucaan to tt�highest. ��
<br /> �� � • �"s��r.i!r,�uUed by tha Farrn HomastaaA Rrouction�.�.,qrustee sha0 oNer the property In two separate 88I8s 8s riequiced by BppGC8Di0 taw. : Y',�:
<br /> Truxem�ap�astpone sale ot a0 or ae►y paecet of the prc-�.srry by pu6fic announcemaM et t he Ume an d p taee o f any pra v t ous ty a c he d u Te d s a te. '�����,�t%
<br />- , ' , •' Lender es;a�Qasig�eo may purchasa the proaertS►rt arry sate. �'" . ; ,.,���,�
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<br /> m.. . � � ' U n receipt ot pavm em of tl�a rfce bid,Trustee shall Qetiver to tho pwchaser Trustee's QaeA corneytn9 the proDerty.The recitiats eorsained in . • �
<br /> s �. • . T��atee s daed ahalt De ptima facte evidienea of tAe mrth of the stetemema contalned therein.Trustee shail aypty tho praeeeds ot the ea¢e In the � ' .�
<br /> ; , � . . •. tottowing order: te� to eU expenses of tfie ae1s, ia�cludfng, but nat IimRed to, reasonab�a Trustee'8 fees, reasnna�le attomey�s fees and �'', " '
<br /> � retnstatemem fees;Ib)to all&ums eoqued Ay thk�daed of uuct,and(e)tAo baianve,if any,to the parsons legatty entiUed to roceiva rt. • - . 's:�%
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<br /> ' 13.ianctoaa�.AZ Lender's opdon,this dead of trust may b0 forectosed fn the manner provide by appilcabte law for fareclosuro of moRgages ° �,,:�
<br /> '�•� . oa taaf proyerty. � .
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<br /> ,t., , ,� 14.Gue�c@ati Lendsr may e�rcer the proparry to inspact it if Lender gives BoROwet rtoUce beforeha�.:'�a noUce must state the reasonabte • ' ' '
<br /> cause ror Lendels inspecUan. ., �,
<br /> < � •�'" - �. 15.�a�ort.Berrowsr assi�ns to Londer tho proo�eQs ot anY award or ctatm for c�a.ra ea wrtnecte0 with a;sand�..�natton or other tak(ng ��
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<br /> of aii ar any►part oi th0 GmNU�'ty.5uch proceeda will be�5'J�d as providod in Covena:�'.�ia assignment is subje�m tfie terms of etry prtar ,. • .,�;;�, ,
<br /> :�� . . '�.` seauttyagrnemer►t. � j' .
<br />'.:;' . -�;E:�.t'=..` 18.Watint.By exercising arty►remod�rxaalabte to lendar,lander Qoes not give up any tighta to lat�a�c,.se arrir ottier remedy.By not eaerctsing � �.._, ".,'' ��� �
<br /> �.�;�;,�„� . arry reme6y upon Bortower's Eefautt.Loc+:isr daea not warvo eny rigM to fater wnsider tAe evertt a dd`�v�iz if it happons egain. � ,':•,c,�":,`;;
<br /> ' 17.Jo1rR and 8avfr����Co-�t�;►ea: Staeatsa»md Auign,t BotmQ.AlPdwi�under this Cead of trust a:e joirtt and several. Any f:;� , ' ���'T��'�°i: �
<br /> '�: ' . � • gorrower who co-signs lhta deod of trust but does not casi tne unded�ing C�x n�trumerrtts)Aoea so oniy�grant and comrey that t:t� "' � �
<br /> : Bortower's interest In the property w the Tnratae under tha 4erms o}this daed of Vesz.fi^addition,such a BoROwer aYees that the Lendar and � • � ' •
<br />_ � � � anY other Banower under this Qead oi au3t may oxtors�,e7odify or ma6c.2 uny othm cC�-gus in tho tarms of thia dno0 af trust or tho securad .
<br /> _ . ;;h�,;.'- dobi�vitism�that BarroweYe cansont aad without retoasing that Borto�ur f��m the terms o!this deod et trust. .
<br /> :�. �. ' The Cuti�,ari3 benettts o!thla deed of trust sha1161nd and 6enefit the�urv�ssora aad asaigns of Lender and Bortower.
<br /> � � � . . 18.Nbttei�.Untess otherwlse repuhed by taw,any noUee to BoROwer shall be givan by deiivering it o�by mailing 8 by cortified mail adQressed to } .
<br /> ,'" � Botrowar 8t th9 DropCriy BdQrea9 ot any OthBf 8ddl8S3 th8t BOffOWCf h8J Nvon to Lendo�.Bortotivor will give any tsotico to Londer by esrtiflnd �
<br /> ` mail to I.ende�'s adaresa on page 1 of UUa Qeed of trusL or to any other address vuhtch t,enQer hea dosignated.My a�er notice to Lender shail � . ��•
<br /> � . . 6e seM tn tsnQm's ad6ress as stated on page 1 ot this daed of trusK. . . .
<br /> - - � • . ArEy noUce eha0 be deemed to haue baen given to BoROwar or lender when given in the manne►stated abava. • ° � `
<br /> �1. � '��' 19 Traiiatu ot 1tu Piap�ty or�B�}INd Urt�rat tn th�Barroww.I}all or any part ot the proporty ar Eny Interest fn it is sotd or Vansfertad , ��;�` •
<br /> ' " � " witt►nen LendaYa Qrlot wnitten eonsen�t,Lendar may demand tmmodlate pa�,�mont of tAo socurad debt. Lender may atso Qemand Immediete � ' .
<br />�� �� • , �, demand pa}rmerrt tn tf�eebove sttuatfuns i1 ii is protubl�ted by f dec�ial ew es o tti ho edagte of twhls Qeedt}��transferred. Nowaver, lendor may not . '
<br /> � 20.R�ca►v�yann.VYhen the obUgaUon secureA by thta Eeed of trust Qas beon patd and Lendor has no furtfie►obltgation to make advancoa �. ' '� ' �
<br />^+'' " ' ��" • unQer the insUUmerrts or agreemerrts securad by thls deed of trust,tha Trustoa shal�upon mitton roquest bY the londor,�ecomroy the trust ��" ' •
<br />-� � °' ' proDetty.The Lertder ahafl doliver to tho Bonower,a to Borrower's successar in lnterost,tho vust daed and the note or ottier evlQencs of the f � '�,�•'
<br /> �'���`.��• �.�`,'" oGLgetian so eaiisfi9d.BoROwer ehatl pay any recordatian coste. ` . �
<br /> 1..�;," � ' ' 21.Suecassm Trust�s. Londer, a! LandeYs opUon, mav romaw Trustoo and appoint a suceosser vuatee by fi�st,mailing e copy af the t
<br /> -�'�;_ ' - suLSttrinton of trostee as roqulrod by appUCab'.e faw,ortd than,b�filiftg thif 6ubstlt�tdnn of Uustae to►�ecord in the offlco O!the�eqlstaf of duad9 . ' •
<br />�;_� : . of Qach eaunty in 4vhtch tho trust proporty,or somo patt thoroof,ts sltuatad.TAo sueeossor tru3tea,w;thout convoyanee o}the property,shal j � �
<br /> . succead to atl the pawer,Euttos,authority and titto of ths T�ustea namcd in tho daa0 of trust artd of nrry cucccssor Vusteo. M .
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