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Eidrrowor will koep the RrapertV b�sured undrr t�rms�ceaptabis ta Lin�ier ot QnrrowN'r��IwnR�Nri�1 tn+ lrid�r'�[son9fit. !1!1 <br /> � � {nauronco polisies c im l l Inc tu do o c tan dar d m a rttl a±,o c i s us e:n f a v o r:r}L e t v J e r.L e n d o r w c"1 b o r�urncd aa lo��+ps Kea or ce thro 6isusad i�n�e,y�u!.h <br /> ^�-::�_rs„:.;;;�,�,.�;,...� ��nsurance�oliuy,Ati�y inaurcnc�p:ac-c3o m:,y 6�c�•�"�d,r.it�'n tr.nd-r•e d!�cretF9n,to elti�ar the roxtnrat un ai raRs;�r uP ti�u d��nc;�r:��y�a1::»itl �..�_-- <br /> -� _�-�• �o/to the 6ecur�d deGt.If Lendar requlreA mortpepe Cneur6nce,Borrowee spreas to rnelntbin such Inwr�nco iot a�I;,nq e�t.endu rnpu�roa. ___ <br /> a; �� <br /> �+`+��°"'- l "�1:iPro erty.Bo►row4r wilf keep the properiy In pood conQltion ertd rrnsko ell repalro rason:hty necalrrry. �'- <br /> ,'. !,�►t�'�"� . p e-�- <br />�=H��•�E��.,�..c• � g,�xp�tu�pa:Sqnowor aprees to pay efi Lender'o oxpensea,Inciuding reaeonebla ettotney�'tde�,11 Uarrower txetks nny cov�nantn I�i t7it�d��d — — <br /> �.- : of t�u�t at in any o611petlon secured by thb tleed o4 truet.Barrowor wtl! pey these amounN to lender�t provld�d In Covrnrnt U of t1►le O��d ol �_�__ <br /> . ` " ttut19. � . <br /> ��,: <br /> .. ....:s;:.__�. .�� . �: <br /> �" .�: ' g,Rri �lf�onr}za/Intue�U.Untass Borro�vor tirst obtalno LondeYe writton consent,dorrowev wlil not m:ke ar p�rreell a�1y �han��n to a�tiY Prtr,r <br />"�'� "t•.7��'•• �.seaur Int9re��ta. Qorrower w11i perform aU o4 Borrowor'e oi�l!paflono undev any prlar mortg.Qa, d.cd of iruat¢s oti!_r ceeLrlty e:sa!!m�nt, �`"_'_` <br />`�"=";'yt`";�°%°�� ' inoiu inp Rotrowor'fl covenant9 to meke paymente when due. — <br />�:;;.{s. �.•:;r-,.,;,':��: . _ <br /> 3,A�al nr�tnl4'ot,R�ntx c�d�Nroflt�•Bonower e�signs to Lender the ronta and protlte of the proporty.Unia�Hmrotirv�i�nd lei�der have a0 od -- <br /> • �' a4herw�so in•v�ritinp,Borrowor may coltect and rotaln the ronta es IonD oa Qorrower la not In defeult, If goreowor de�MS11f1.F.end�r,I.ei�gr'o �jY? <br /> �'?�: � ~! � •�pont,or a caart o�potntad►ecetver mav teke poaaession ond msnage the propaRy end collect tho renU.Any tot�tl ender collnaes at+N�Iro <br /> �•� `;^�: <br />-~ " • ,.,;, r oqpIIcQ tirst tp, tha costs of inenapinp tho proporry. Includinp cou►t coeta end ettorrtaye' teeo, commlenione to rKntel�pm� t�, snd nny atNnr , �" <br /> -,;.�;,¢;�,;�.�,.:;,,.;.. 'nebeasary rolotnd oxPonses.Tho remaTninp amount of rentc w�ll then eppty to peymento an the necure�d�bt rr provid�d In covanenY 1. �„��,� <br /> _- rur.�•:..,.y,:.. . .-• �.�••— <br /> '°"���'`a�� •#'' � 8.taa�hokte ondaminiumd:PlsnnH7 ildt O�vdopn»ntt.Borrawer egrea4 to compIy with the provfolone o}any I�seo If thi�da�d of trust 1�on ..�__ <br />--�� `��<" - , �.�n isnsohqtd.1��hie dsed of u��at!s on a unit In a condmn(nium or e plennod unit devetopment, florrower wlii perfarn�HI af Barrowei'u duilee ��� <br />___�J •.�' v i,ndar thu'covenants,by-lewa,or ragutailons of tho cortdominium ar piannad unit davetopment. <br />"�-?�"'�:'^�`"�,��� ���a �.A�nharity•o71.�nd�r to P�eform far Botrow�r. It Borrower feils to Rertorm eny ot Borruwer'B dutiee unaer tN�. d��d ot t�u�t, I.�nder m�y �"�' <br /> �m:. <br /> "--• - ��` "� ' poftori�i the duilos or c;.uso th�m to�r,portornead. Lender may eign Borrower'e neme or Ray eny emount I}nscetotry for pertorm�nr,a.I!eny �.Y�. <br /> construction on d�A proporty la disconiinuod or not carrlod on:n n r�neanablo monner,Lender may do wi�aYOVOi la rtaGn��pry[u u��,iuui Lu�u'::t'� <br />. ,, _ :��s���• scCtlrity iri�Proe't in the proparry.Thie may fnduda comptetlnp tha conetructlon. �"`_�_ <br /> `'��`�= LondaY's fiAiluro ta porform will not proclude Londar from oxorctsinp any a}(ts othnr rlahte undor the low or thl�dced of trust. A <br />,..,�:'� � • ���_ <br /> Any amounta:pnid by Lender to proteat Lendor's sacurity intaroat wlll be secured by this daod o4 truet. uuch�maunt�wrfll bd duo un demend — r <br />,.,, '? ' ; und wlll boar intoreet from the deto of tho paymant untU pald In fuli stthe Intercet rate ln eBect on the eectttad deCt. � �N� <br /> � �. '•��� 5 0. p o t e!�+1 t t+n d A c c�f�r�t l a n.I f B o r r o w e r t al l a t o m ake an y pa yment +vhan duo or breake nny covenanta undar thls deed of 4rue4 or �ny ~' � <br /> - y fi n u F i t oP tha K�cur�d de9 t nn d �." <br /> • �r i� ' dn;��nnif mmodtato oevni�Gnt aod n,av tnvoko tho Wowor of oole end any ot er remedlosdpermlitnd by�oppitceble!ew y <br /> ��:�:,_ <br /> � 7'l.Roque�t tor Notic�a?Defnuh.It lo hora`ay requoetad thet coptes o!tho noticae of defeuit end eeta be aen4 to each perton who le e perty � -i�. <br /> , ;e{, horato�ai iiiv aiidt.abs al:,�Ch;i:Cl:{�sC^.»seLlottts 9l9.•a!t!, <br /> , ';i , � �. <br /> ., ,r 12,powerot Suie.If tho Len�er tnvohae the powar of seto,tho Troetee ahell Hrst rocard in the offico at the repictu of deod9 of eech county <br /> whorain tho tr�tat property o�eome part or q�ercel thereof is sltuated e notice of defauit Contelning the Intormetton�aquired by lew.The Truates �1���� <br /> " sheit also mnil"coqlos ot thn notico of dofault to thg Borrowor,to eoch pereon who fn e party horo*.o, enC to other poraens s��re=cribed by �•< <br /> ' ��' � eppticabto daw. Not loss than one month nftar the Truatee roCOrde the notica of datault, or two monthf It th� tru�t Oroprrty s noi In any �`�" <br /> Incorparated aity or vUtapo and is usnd fn farming operadona cavrled on by the irustar,tho Trueto4 ahell 81ve pablla notico of�als to the perRnn� "�. <br /> • . � � cnd fn the mannnr preacdbod bg eppplicebte law.7rustee, without demand on Dorrowar,shall sell the property et puhlio auctlon to tl»hlphect •`- <br /> R�: :;�•:�;_�•�•�- •±� biddea If roqutred by tho Pt�rm iiomostead Proteatlon Act,Trustoo ahatl oNev the property in two eep�rote ealei�o roqulrad by�ppt�ctbte law. �� F <br /> •• r ~*..t � � Trustee may pas�pona eata oY all ar eny parcal of the property by pubUo ennauncement et the time end phce of any prevlously tchedulAd ssb. ��_- <br /> s,�•y�v:..,.;�;..�.,� Lendar or Its�doslDnee mny purchase tho proparty et any sote. <br /> r <br /> • ` �"" '"'� Upon rec�t(pt o?pnyment of the prtce bid,Trustee ehall deii�er to the purchnser Trustee's dced convoyin che praperty.Tlte recitiai�contained In , :, <br /> ••.•�„• • • •.�•v.� Trustee's deocl shfll�bo prima facio avidionca of tha truth of the etatnmonte containad thareln.Trustea e�atl apply Iha proceed�o}the eete In tho <br /> foltowing ordo�: la) to all oxponsas ot tho enla, Inciu�ina, but not Iim(ted to, roaeonabie T�uatee's ines, re�sonebie ettorney'e 1�+e� nnd •��:, � <br /> `., , �.��+ relnstatomont teos;lb)to all sums cocurod by this dood ot trust,and Ie)tho batenco,it eny,to the pereons Iapaity e�titled to recelve It. <br /> '�.:.,.:',';,;,;,y,��` 13.Forocla�uTe.At Londor's option,this daad o4 trust may be to►oclosed in the mnnner provide by epFticablo lavi tor Poroctocure of mottpepoe <br /> __:=.w,�,�,_�,, on roal propotty. . <br /> � `"'-''�'�M 14. IntpecUon.Lender mey enter tho proparty to Inspeat It If Lendar givea Borrnwor notico beforohand. Tho natico must etat¢tho roasonohio <br /> �.*-•���� causo tor Londor's inspeotlon. <br />.;�...,•:,�:,•`°>-'!!�'.. <br /> � • 18.Cond�mnetlon.Borrowor asstens 4a lendor the pror.eods u}uny nward or claim for damn[to�s essignmont let eubjecttno the to�rms o}any nrlar <br /> - � • of ell or any part of the proporty.Such proceods wfll bo appllod ns providod in Covonant t.Th <br /> '''.� 6oCUdty apraemoM. <br /> -'�' '"" ' �e�e 18,W�iux.B+j exerc:sin0 any romody avoitoblo to Lender,Lendar does not glve u eny riptits to 18tei use enV oihAr remedy.By not oxurolsin0 <br /> �`LA Y ,;.��,'E eny remody upon$orrowor's dofault,Londor dooa not wnive eny right to later consPdor tho ovant o dotoutt It it happnn9 ngaln. <br /> _! "•"' `� 17. Joint�nd Severol Ueblilty Co•aipnas: Succ�ssoro end Assign� Bound. AO dutlos undor thla daad o9 trust ero �olnt end eove►el. Any <br /> �:�'•-.�•����� �� Borrowor who ca-slgna thl6 deed ot huat Cut dooa not c�-sign tho undorlyfnp dobt lostrument(el doea o0 onfy to pr�nt end canvey thet <br /> Borrower's Interost In tNs property to Yha T�uetee undor the torms of this dQOd of truot.in addltiun,euch a Borrawor agrAee that the lander and <br /> � • eny othor Borrower undor jhia daod ot tru�t may oxtond, modifv or moko nny othar chengos fn the torma of tNe deed o!trusS or the oecure0 <br /> � ._ � ' dobt wkhout that Barrov�or o consent ond wi�haut roloasing thnt Bcrrowor from tho rorme o4 thla deod of trust. <br /> • �� Thn dutias end bonotitet o}this dood oi trus3 uhail bind ond bonofit tha succossore and assl�tna of Londor nnd Borrowor. <br /> •� 18.Wodc�.Uniess othorwl&o roqulrod py la�v,ony�otico to Dorrower shnli bo plv�n by doiivorinp It or by mellinp It by cortifloA maii addroaand to ' <br /> Oorrovrcr ut tho proparty nddrosa or anV othor nddrosa that Borrower has gIvon to Londar. 8orrowcr wUl pive any notlCO to Len�er by cortitiod <br /> ,,, ` mafl to Londer'e addruso on pnpo 1 of 4hls dced of tro�t,ar to eny othcsr nddroas which Lende►hae dsslpnoted.Any othgr notice to Londor sholl <br /> � be sent to Lendor's addrass as etotad on pago 1 of this dood of trust, <br /> .� ` Any notico ehell bo doemod tu ht+vo boen piv4n to Borrowor or Londor when glvon In tho mannar ateted nbovo. <br /> � - 1B.Trentfer at th�Prop�rty or o Bonoflclnl InUreat In the Barrower.If nll or eny pnrt ot tho proporty ot nny Intoroat In It le sold or tronofurrod <br /> " wlthout lendor's prlo► wrltton onnsont, LendOt may dornond Immodiato paymoni of iho eocurad dobt. Londor rnny atao domond immodloto <br /> �� domoudtpaymonB in th°sbovu sltuatione Ii ip Is prohlbked by fadoial Inw ns of ttio d Bo�of thto dood�of ttunt nsforrod.Howovor, Londar mny not <br /> " 20. R�convayanco.Whnn tho obllpetlon oocurod by thla dood of trust has baen pald,ond Londcr haa no furthcr obllpotlon to mnka odvoncoa <br /> " undstr tho Innuumonto or ntlrooma�to aocurod by thle dood of truot,tho Truotoo shnll,upon wrltton roquoet bY Iha Lan�ar,roconvoy tho trust <br /> . proparty.Tho Londor ohall dolivo►to tho 8orrowor, or to Borrowor'a succnscor In Intorost, tho truat doad and tho��oto or othor ovldonco of tho <br /> _ „ . <br /> — <br /> obttpatlnn so eatlstlod.Borrowar sholl pay ony rocordnNon coste. <br /> ° � � 21. 6ucceeear Teuateo. Lando •at�LondllPs pptlon, mey ro�rrovo Truateo ond oppolnt a succoacor truatoo by f�rot, mdlllnp n copy of tAO f <br /> � � substltutlan o4 trustoo u�roqulr����N aPD��aabto luw,and than,by tiling tho substltutlon af truotoo for rocord in tha olflco o}tho ropintor of doodn � <br /> � qf oach caunly In whlch the truot proporty,or some pan thoroof, fe situotod.Tho succoscor truotoo,withau!convoynnco of tha proporty,nholl <br />- � tuacoad to oIl tho powar,dutfos,nuthoriry and thlo of tho Trustoo nom�d In tho dood of troat ond of ony auccaasor truotoo. <br /> I <br /> „�� . ° I <br /> " - " -_ -• IPnpo?0171 I <br /> ,� " �„ " I pAt'HLf,�6YOTi�������C..OT.CLOUD.MN 60301 11-000.399•�9Atl Ftl1AUl OCPtdTG•NF 0/79187 ' <br />- ' . I I <br />_ <br /> . . <br />_.. .. <br />