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<br /> ---�---- �,'�a�sn�nu,Etorrowar agress m ma�e et!pay�n ts�an eh.a c3c�re8 daDt v�hen dus. Unies� rrowar and Lender agrea o erwrist�. emr _�-_,=s,-,', - � _-
<br /> -- -._. pay�pmssa ter,des racetv�a.fram Barro�reY as ot r 6ocroweds Censfii wP3 D�apAlled first to am*amaw�ta Barrevear o�ves on�o sacuscd de0t . . • _ ._�..
<br /> - - � ` � er.c93sive at imese8t at W3nct�aL saaond to irt�reat.t.rtD tttan to ptBteipel.If partial preyaymertt of Uff�ssauad tfcLL ocaurs tos an{►�82soa,IY L•lIU �, '4 ��_
<br /> � •• naf,f;�Cuea or @ucuse eny sehadu!ea payment undi ttu�,ssauad QaEt ts paid in tui1. , . , „ ....
<br /> � •. Z.f,�e Titte..Sarrower wiD pay aU taxes.ess�essrssents.an0 other chargas atCPibutabte m tl1sproAErtI►when du�anr!wil!Qe'�and tite . . ..'� ---
<br /> ��y p� any daIms vvhieh tivould imgair the Gen af thia dasd ot uust-Lendsr map reCsdre Haaawe�to assigp any rigltie.clakns or .� ... �' �.�
<br /> . • ., de�►vP�.ITe arrovrar may hava egainst partles who supDty ItibcT or maRerisfs to improva ar mai►rtain the pioD�N• , . , '"�'
<br /> � � 3.C-�.eP.Barrowes cviU keeD�CmOenY ins�e�unEes tarms ae�taffia.to LoMes et Bortou�refs eapanse artd far Lendar's benefrt.A{l .. : • , -�-
<br /> poLetas shail inctuda a etanQard oeartg gee ctausfl in iavat of LanQar.I.ender wiU 6s namad es tass peYOa ar as thetns�ued an aay such `� . , � .
<br /> --- . � ot�S�ecN�r�ed�ehL li t�IBa�[aq�i�esmaigaBo ins�iu�en�cs,�Boirowar egr�e�io m���su�iu�ence tcr as tong as¢La d�r�9qulre���ertY '..s „ �� , ,
<br /> _ ���.:. 6. ..R_a�,�ty.Sortoaisrer will kesp ths property in gaod conddios�end mako ali repaira reasana�hl naassary. > .`
<br /> - --- = w' a�.�.�•�.��u�T,,.me�a wmansas�ine6,fiu+o rans:^�.�aumm�tts fees.it Bortower 6reaks any cavanants in tlils dead —'"
<br /> : � � _br tn any ohGg�n sesured by this deed of`trust Borrower vrU pay tha�e amoums to LenCer as provided"m�avar�msc S oi ti3a deso m 1 ` , r=�
<br /> fi, r� SequEty Irtixas4s.,Untess�crtower first obtatns Lendere written consenL Boao�nrer r+n'U not make or permit arry changes to ai►1+prinr , -
<br /> " . s�tMetests.Barrower wi0 paAorm aif ofi @ortowets oLUgationa under mry Prior marqage,deed of vust ot other sec�dY egreemarn. � � ,
<br /> � i Borro�erel's csvenants to maic�paymermi vrhan due. . . , .
<br /> • �� T.4a ,� ot Rurts�nd Rrafis.Bortawer c�ssigns to lander the rents and profits of the praperty.Untass Barrawer and LenQar hava s�eed ,"` - �-� •� '• - _
<br />- in wriUrtp.Bartawer may cnLec¢and Sistain tha reMS as long as Borrower is rtot in deisuft.It Barrower defautts.Lendar. i,ender's � ' ,.��:�•.
<br /> • a 't u a e o u rt a p p o i m e d r s c eiva�may t a k a P o s s e s s i o n s n d m a n a g e t h e D ro D e r t Y and eollect the cents.My rems Lender caltacts shaD ba ~ <.
<br /> aa � frtst to tha costs of man�in t h e pmyerty.Induding court costs and attomeys'fees. commtssians to reMa f a gerrte,an d any o t her :
<br /> _ ' ne retated expenses.The��ng amaurtt oi�ents wiU then apP�Y�P�er►ts on�he sec�aed debt as pcovided in Covenart 1. '+
<br /> :> �'..(.�, ..:_ .. •�
<br /> ' - -- g, CartQomUdums;PPaemed Unit Osvafopmercp.Bartower agrees to camp[y wid�the Orovisions af any tsase if this deed at trust is an ,
<br /> ,,:;'.
<br /> �,� a t. . nid.(f tnis Qeed o!mist is on a imii in a�ndaminnim or a plannad untt dsvetcpmerrc.6orrower wtD parForm aU ot Barrawer's dntiss =` . .i
<br /> � uns(,.;�s covanarns,blh�aws,or regulations of the condominium or plamne4 unit devetopmerR. •�•`�'��:�.>;.: '��"�:�...
<br /> �.— - o�{,,,�ty of 1�to Pcr(flrm tcr Barrrnra�.It Borrower fa91s to�pe�iarm eny af Bortewer's duaes unQsr tfiSs d�d ot�u.,-!. Lender may = �_ �-�__
<br /> a .:.�,� ; ,•• ,
<br /> • � p ;;ryry the duries a�.c2u3e them w be performed.Lender may sfgn Borrowers namo or pay erry amourtt if necess�y for peAarmence.if any + � � �
<br /> cdon on tha is diseortlr�ued or nat csrtied an in a reasonabte manAsr,iander may Qo vrhataver is necessary to proteet Lenders ,
<br /> sa+o��y itrtetest in�erT+�.This may ine(uda eompifldrt�the eon.5auct[an. �.,±' `_:�_,__---
<br /> � . lerd{�,'6,failure.to pasr.mim will not prectade Lender irom e�cerc(sing.asry nf.its oU�sr ri�ts urtder�faw ar tdis daed of trust.. -� ` �:
<br /> � � Arra�w�ts paid by Lender m protect LenQera seaaity irrt�est v�i be se�vred by thts daed cf mrst.SucA amounm�vc�h¢dae on demand r�.;-�
<br /> � ' - - -�' ar�. � ar interast fram the date of the paymertt ucnl!petd In fuG et tha iMerest rate in effeet ar��8 secured debt. �.-' ;' - .
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<br /> �•.� 1� �t and AecdenSan. If Bortower tails to make arry Daymm�t vrhen due or breaka a�l covena.�s�:er this dee d o! Vwt or any ' �' .,�t�;i��.
<br /> � a cn seeured by tlds dsod of trust w er►Y prior mnrtgage ar deed of t�usL Lender maY aeceIerate tRe rr�;...�itY of tha secured dabt and ��_.
<br /> � - -- -d�Irtgnediate paymeM antl may irwaRe t�puvam at sata ntid astY c,L`�r far.�aciias Wa;�:iivaG bY �a,.p:tcab!s s�:- . _ ._ _ —
<br /> �1�:��; �� `:.�`.
<br /> � 11, aRutst tar No9ee of Deta�t.h is hereby requested that copies ot ffie notieea of deisutt and sate he serrt to each persan who i3 a party ,:y�`i _ �..'.. ��
<br /> . t • h2{�R•ettfia address uf eaCh snct►parson,as set torth Aerein. ;;:�;�y!` • ' "•,':. .
<br /> �,;,•:•�,
<br /> � ;�, - '' 1�,E7owu ot Sai�.It the LenQer irnokas the power of eelo,the Tnistea shall frtst record in the office at the reglster oi Oeeds ot each caumy ,, -. . :;�7�,E:i.�,�
<br /> • a,�qpin tfie trust praperty or some part or parcal theraof i3 situated a noUce of defauh cantninU�g ths infortnatlon required by taw.The Tnistee ;_,,:��,
<br /> s a(s�mail copies of th9 notice of def�R to the Borcowet,to eaufi penon who is a parry hereto,anA to othet persona as prescrihod try , •.°:� '� •
<br /> _ y.,.:•, a�e law..Noi less than one mnr�th aftsr the Trustee recocds the notica o!defauft ar two montha it ths trust Property �s not in eny .,�+ , <
<br /> <;.; , in $tl#�tOd ci4y or viftage and is used in farmirtg oparatlons camed on ltlt the trustar,the 7n�rae Bhall give puhlIa noUw of ea!o t4 tha parsons a;'•",;+!-�. . "- °�
<br /> �n�p►a manner prescn'6ed Isv ayAPticabte law.Trustee,withautdamand on Borrower,shal1 se1J tha property at Dublia auaiat1 t4 the htghaSt . I , �'�; ;:' .' `
<br /> �yy 1 I� ,....t.° 'i'��=�;..z;i�. -
<br /> ��i'm y�op s�a^e�se�e of a�l or�per��l of tha pf°p�TtNy�pa�t t a annnune�mant��i a IDe en az d p ta c�e,oi a n Y P���a c p i�e�i d t �s al o:: . �;y;(`?i,<�.:���:�j;,�,:,�,�,.
<br /> tltn �� � `�`'��
<br /> Ln�!et ar ita designee may Purchase th8 ProDort1►et erq�saie. , ,�'`�j� ! 5 ;!_' ,
<br /> �����>.:,-:,....��'��`.�.:fs,•
<br /> �1,���q�.� .
<br /> U p -��e c e ipt o f paym e m o f t h e p r i c e b i A,T t u s t e e s b a i l Q e l i v e t t o t fi e p u t c.�t.a s�r T r u S t e e's d e e d conve y in g tt�a pto p�r ry•The reciHats aontained in � '•� ;��
<br /> T�ctCr�s deed aha716a prlma facie evidienes of the trWf of the statemer�cccstained therein.Trus ee s hatl apAh��e procee d s o t t he s a le in t he ' ��
<br /> ^ foPqyrig@ arder. (a)to aU expenses ot the sa18, inctuding,but not �:rti*.ed to, reasonabta Tru�e's fees, reasonabl9 ottome}I's tees and �,�''.� ��� ,
<br /> i , re'r1GtCrtFmertt tees;{b)to ail sumss seeured 6y thia deed ot truat,and ic)the palanca,i!aayr.to the persans tegally entiHed to rvcBive,M. .. � ' ";��� •..=��'r`
<br /> �;;:i•:«• . . '• 'f
<br /> � '. . 98.,, �Gtasu[�.At Lender's optlon,thls deed ot trust may 6e foreGosed in ths manner proviQa 6y applicabie law for torecip$tiue,qi ttWr�Bages � �.� .F�,�
<br /> ' • f._ .r. on�Wo�Y• . „
<br /> � " ' 14,�on.LenQes may enter tha property to inspact it if Lender givos Bonower notica baforehan0.T�e notice must stato the reasonabte i �
<br /> „ caus�l.' far Len6er's insp$ction. � • ; . .
<br /> • • � 95.CprttMtru@ai.Bonowor assi s to Lender tho proceeds of arry award or ctaim for dama�es connacted with a condamnation or other taking 1� , •
<br /> a �
<br /> of afi qi eny part of tho properiy.�uch procoeds will ba applied es provided in Covenant 1.Th�S AsslQnmant Is.�u6jeC1 tp tfle terms of eny prlar _ :•�� -: .
<br /> . sec�ity,�Breemerri. •
<br /> 18,.VIJ BY exereising arry reme�y avaitabte to Lertder, Lender daes not giva up any rlghta to later use any qther romedy.By not exercising � � �� "
<br /> arry�rpr�upon Borrowar's detauit,Londer does noi waive any rtght to tater considcr the everrt a Qafauit i11t happens again. �
<br /> � � 17,dels.t and S�»r�l U�L➢'i�,Caai�srs:Succ�uors me�Aosi9na BamO. All duUes unQer thia dead of trust are joint and several. My � �
<br /> � 8orra�s{ft�who ca-signs this daed of truat but doea not cas:�the uader1ying Qe6t in ent(sI daas so onty to grant end convay thnt � . , � �
<br /> ;�' Barr , �s iMOrost in tAO properh►to tha Ttustee under the terrr^w,of tfi►s deaJ oi trusf.tn a dRion,sueh a Bortower egrees that the Lender and '+ ,l. • _ .
<br /> p pr Borrovver under this doed o!wst may extenA,maCi:;��ar make any other chanfl4a tw the terma of thia deed of trust ar the seaured I
<br /> �� • d��but that Barrowar's consant and without�eteasing thar Boaower from the terms of ttus Qeed o!trust. i � � . �
<br /> r�,a
<br />;:s;r, . TR9 4utts9 and benetlts of this deed of Vust shali bina ana denetit the successora and assigns ot Lendor and Borcower. � '
<br /> ''' ' ' � 18.No�G�.UNess otherwlse reauired by taw,erry notice to Barrowcr shall bo given by delivering(t ar by maiting it by certified m8i1 aQQrossed to �• . ,
<br /> � f�'��.� . E o r r o v.�,s t t h o p r o e d d r e s s a r a ny o t h e�e d�ress that Borrower has plven to Lender.8orrowor�U give any noUco to LenQer by certlfled j
<br /> �,f � maG{.tp 1.8,*1d07 s ad ess on page 7 of t hts deed of vusL ot to eny other a d�ress w h ie h Len dqf has dos igna te d.Any o t her n o d c e t o Le n da r s h a l l t . :
<br /> :t� , bs 4arri tq Ixr,.�s address as sterted on page 1 of this Qoad of trust. �
<br />-���:•.
<br />��`y`�a � A}ISf fIDlILR8h81j,b.o Qeemed to havo been givon to Bonowes or Lendor vMen etv�9r�id thp mattt�a��tRd abovo. f
<br />��;4 . 19.Titmshr.ol tl:�Pira�tq►ot a Bxuflcttl Mtirest tn th�Bartowet.H all at any part qt� the.proprty or any iMarest In it Is sold or vansferted f' �
<br /> � without lenQeYS prior wrltten eonsenL Lender rt�ay demand isnmqd(atu ObYmont s�1 ttivo�,q�eCUreq�.'d4t1bt. I.enEar moy also demand immadiato
<br /> ��F daf and DaYmarR in the e�ve eitusC�if it i�Ottibted b61t tgafaal tsnivu as o1 thu de�ta of tNs�Isaq a��bus�stened. Howaver.Lendar may not ;
<br /> Zp;t��•rane�.Whon tho obltgaflon seeursdt�y thla dee0 0!ttu9.hpo� ,6ean�18 ld and land�qr has no tunher oCfigatlon to mako advfencus f � . • �
<br />- • urtC�r the ins�umertte ar agreementa socurod by tfiis dced ot trust,�e Trupta , hall„�p op Wt+ttC»re4uestpy the Lenaar, �econvey tAojtrust . �
<br />_ ' oL'�tOn sp s��tlstisdsBn�rrower ehat!pay any ro�rQation o�stsw.er'e succasscs��q�u►�at.tho-q'u94 Qead and the note or other evidanr�of tha ;
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<br /> - - ' 21. Sucrassnr Ta�tn.lender. at L.andePe oottort, mnY removo Trustoo end apDotnt e succassor trustee by flrs� maiting o copy o!tho
<br /> suh::auUnn of trustoo as rcquirod by apAllcabte law,arni trten,by filing the substitution of trustoe tor tecord in the oNlce ot the registar of dcaQs i
<br /> of each courtty in whtch tho trust ptoporty,or somo Dart thereol,ls situated.The succassor vusioo,wiUrout eonvoyance o!tAs OroRerry,shali ! •
<br /> succeed to au tha power,dutiea,authority and Uttn of the Trustoe named In the deod o!vust and of any succosso►uustao. �
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<br /> ' BAt�XERS SVSTE?dS.INC..ST.ClOUD.f/,N 98301 I1�E00�997•Y3011 WiPA CC➢Lf�(iJ:E 6l18/91
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