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<br /> c::clu:iv�04(�s2r.;;ct c!!:r{�1,;s�':1,r.c;:r�:t Cr*i:�':���:.7, r:1d G,.::i to �vi�iG!�c;l.IF p°reial prep;,yni::nt u!tiu eacuvcd d�'�,t or,;.�;ro fcr; •�rc::-ca,�c ..;!�
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<br /> ta�h�t��ef:rAy n;�e!nst pny Clshn9 t�h!cti�vaulA impair ths.11en af thia deed of tvuet.Londer msy requl�e[3nrro�vor to oasl�n cny righta,clalms or •-�-
<br /> - -:-�-�__.,G;,: deCen¢o�whlch!?orroer�r roey Navo epah�st Gertiea�vho eupaly labor or mnfariols 4o Improv�or r�i�iat��n Yho property. u,>:_;_,
<br /> "�'r��`?������ 3. tnaies+tica. Donower wifl koap the Dr�Porty insurod undor torma acceptnbte 40 lendor ess BcmowePa ox�enae enrl for I.ender'� beneft:. a!I
<br /> ���-•-• •• �n•.��renr.e pollr,loe Rhell Ine.udo n standerr3 martcl�pa clttuso In fnvor�f!_end�r.i.ottdot wili b�3 nor�l:d us I��n p�yoo or as tho tnceare9 on any such �, -
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<br /> -= Inauance poitcr.Any inRUtanca Qrocaede may be epp��ed,witiiEn Lertuer'e ulecraiiqn,.�Rit::cr t:�a rcaW�atlun o: r��:.Ir oP 4h:c��rn�g= �re;"rSy
<br /> --- or ta ihe ucund d�bt.If L�nder requlre�martpape�nsurence,9orrower e�rees tn m�intetn such inturpnce for es,long es Londer requlreR. •
<br /> -= f q, piope�rry.f3orrower wlll koep the praperty in eood conOitlan and mska elt repaire reasonebiy necaouery. __
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<br /> 6, Fsp�nin.8orrower epree�to Gay etl lender'a expencea,Inatuding roaaone6ia ettorneya' toes,lf Borrower 6reake any cove�ants In thl�dsnd
<br />==`;°:��.�%x y o9 tm�t or In en y obligation necured by thir deed of truet.Borrowar wiil pny thoee emounta to l.ondcr eo provided!n Covenant 9 of thia daod of r=,.
<br />-_i:e%= trt�at.
<br />-���''�`"°� �, I;;o: 8:,:u:14y Ime�este.Unisse Barrower first ohtaina Leeder's written consont,Borrowor will not make or pormit ony chonpos to any priar �_
<br /> -'��'�� ¢�curdy� Intereeu. Honawer will perform ell ot Borrower's oblipetions undor any prtor mortgags, deed of truet or other secadty egroamnnt, �
<br /> yvR,����i;� Including Borrown►'�covennnta tn make paymont�whenduci, --_ _
<br /> -tiT�',j•F,`'�� 7, A�etgnmon4 0!R�nt��nd Praflt�. 8orrowor assipns to Landor tho ronte nnd profita of tha property.Unless Barrowor and Lender have agraod -��
<br /> othe�weso in writinp, 8orrower may colit�ct nnd rotain tho rente u�lonp sa Barrowor Is not In doTault. If Borrawor dofaulte, Lendflr, LOR�Pf'8 E�`-�
<br /> '=ri��t� aQent, cr e couM eppofntod roceiver maY tako poseeselan and mann�e tho proparty and aollsot the ronte.Any ro�te Londer coitects ehail bo '-__=_^
<br /> ;,�.,�,v., eppfisd flret to th9 coste of ineuoping tho propeny, includin� coun costo nnd �ttorneys' foas,commissions Yo rontnl aQents,ond any othor ��
<br /> ---��� necessary related expenses.7he romafning amount of rente wilt then epply to paymento on the socured debt ee provided in Covenent 1. --
<br /> =�� � 8, lnsoholdr Condominfumy:Plxx+�d Unit O���lopm�nts. Oarrower egreos to comply with the provlslons of eny IoAafl if tids deed of frust is on '
<br /> 0 loasenold. i�tiile deod oi trusi{s on a ur.(t in e candominium or a plannad u�ft dovolapmenE,Bnrrower�rill perto►m h�1 of Qorrower'e duUoa �-r.:�
<br /> �V_��:� undEr tiio covenante,by-luwa,ar reputotions af tho aandomtnium or pl3nn9d uNt deve►opmont. -��•
<br /> „`��'�L� S, Autf�orlty of l.�nder to P�tarm tar Hor�pwer.If Bonower falls vo�peMorm an��04 6orrower's dutiea.under thls doad oi trust, Londnr may _
<br /> • pertorret tho dutio�or couso tnom to L�NortOrmu�. Lnnd�T moy sian eorrosrar's nan�o or psy eny amount N necosenry for pe�tormanca.{f eny
<br />_:,`r_t•;� d cmnsVUCtion on the property Is discontinued or nnt cardod on In a roasonabto mor.nor,Londor mny do whainvor io necessery to protuct Londor's ' y
<br /> - -:.��� cocudty Intereet itt the prupor4y.Thls may Includo comptoting the construation. T�;�r=
<br />" �`"' " Lender's taituro to pcstorm wlll not precludo Londor„��n exorctslnp eny ot ite other rlghts undor tho lo�v or thle doad oi truot. �
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<br /> Any amoun4s paid by Londor to protect l.onder's socurity intorest will bo securod by thle dood ot trust.Suth amounte will 6o duo on demand � �,
<br />�qe�ii;r^'", and wiii bear Intorest from the dnte of the payment unt�paid in tull et tho Interest rote In offect on the aecured debt.
<br /> ,,.:..;:'�,:•.' 10.D�twlt snd Aacd�rp8at. if Botrower fails to mako any peymont whon due or breaka any covonante u�dar thle dood of trust or eny
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<br /> ' ,�;, . �bllgetMon soc��od by this daed of�run�^oaoy�p�iWt�m+rtc ap A d any othor romedlesdaormittnd by�eppl►ceble lpwur(ty of tho socured debt and
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<br /> �'`�� �1.Rsnunsi(or Notlna af R�4ault.1Y Is herqby requested thet caplea of the noticos of dofault and sala be sont to each porson who le o pnrty �
<br /> ��J+ i: haroto, at th�adQrese of eacb such person, as set Torth naroin.
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<br /> � x•��:��+`�, 97..Powe of Sai�.If the Londar Invokos the powor of aelo,tho Truatse shall ftrot record in tho offlce of tho rogister of deode oi osoh county „
<br /> '•� wherein the truet property ar some part or parcol thnreot is cltuatod o notica of dufault Contelning t�o information required by law.Tho Trusteo
<br /> - -' �'' sWao atso mafl coplos at the notice of detault tu the Dorrowor,to eaah person who is a party herato, and to other parsone os proacrihod by
<br /> __^,,,.�;::� . opplicable luw. Not loss than one month efter the TNSteo rocorde th� notice of defauk,or two montha If the truat proporty la not In any
<br /> � � Inxorporeted city or vilingo and is uaed In farming oparell�na carrlod on by the trustor,the 7'rustee shail�ivo publio natice of sale to the porcons
<br /> �wn,:.:,�4.�: andin the mannov prescribed by npppliasble law.Trusteo, vAthout dsmand on BoROwer,shall s.ell tho propony et public auction to tho highust
<br />�,�,�,�,�1.,yP,k, bldder. If roqulred by tho Farm Homeataed Protection Act, Trustee shail offer the propert�l!n two separate eeleo os requ�red�y appticebie lew.
<br /> ,s,�,,t:rY Tru�tea mey postpane oate of ell or eny percel af tha properry by public ennouncement nf the tfine end placo of eny proviousiy echedulad eate.
<br /> = �-''C- Lander ur Its desi�nae mey purchase the property at eny sele.
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<br /> -'°'""'"}'"' U on rorolpt ot pa mont of tho prico bid,Truatoo shall dolivor to tha purchnaor Trustne's Aned conveylng the proporty.The rocitials conteined in
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<br /> -_���.-:- ,.� 7ruateo's doed sha�l bo prime tacto evld�t�nco of the truth of the ststemonts contalned therein.Trusteo shall npply the pro�oods of tho selo In tho
<br />---• �•°*+�._:� foilowinp order. (el to all oxpenses of the eaie, includf�g, but not !imitod to, reosonablo Yrustoo's faos, roesonablo attomoy's toas ond
<br /> �• �, raiNtutemont faoe;(b)to aU sums securod by this dsod ot truat,and(c)tha baianco,if nny,to tho persons logalty ontiUod to rocoivo It.
<br /> '�"--� �� � i3.For�eloaure.At Londer's option.thla deed of truat may be foroclosod in tho mnnner provida by epplicnblo taw for foreciosure of mortgapes �
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<br />��;.�.��<•�wf,� on reat property. ,
<br /> �-"��'�;:�''';� : 14,Inspecttan.Lendor mey entor tho proporty to inspoct it It Londor gives Borrowar notico beforohend.Tho notice must stnte tho reasonabie •
<br /> ,�--�;,�:, ctsuse fur Lender's Inspectlon.
<br /> '.3�""'�•'`.�. 18,Cond�mneUon.Borrowor essfgna to londer tho proseeds of eny ewnrd or clalm tor damag es eonnoctod with a condemnation or othor taking
<br />�`� '��,f;f� ' of ell or any pari of tho propotry.Such procoods wfll bs eppliod es provldnd in Covonant 1.This usalgnment Is subjoct to the torma of eny prior
<br /> .:,�� socurlty egraement.
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<br />- � '��'''" 16,Watver. 8y oxerclsing any romedy uvaila6ie to Londor. Londor d000 not O�ve up Any rights to later uae eny other remedy. Dy not oxorcisinp
<br />-_ '_t' • , uny romedy upon Borrowor's doteult,Londor doo9 not wafve eny right to tater considor tha avant a defeuit If It happena ngain.
<br /> ��� �` 17.Joint�nd 5wHe1 LIaWII�yi Co•itanu�;Successon er�d Anigns Qound. All dutioa un�ar thie dood of truet oro joint and aevoral. Any
<br /> '.':° �.,: ��` Borrower who co•sfgna thta deod of tv�+st but does not co-sign tha undorlYing debt instrumont(s) doos so only to grAnt and convoy thet
<br />�,�l� ;;,3;����� 6orrower's fnta►oat In tho propsrt/to tho Trueteo undar the torms of thls dood of trust.In t�dditian, suah a 8orrowor ugrooa that tho Londo�ond
<br /> ,_ ,}.�,t,��� :?: any ottio�Borrowor under this deed of ttuat may oxtend, modifv or mako eny othor chnngos in th4 teima of th!s doad of trust or tho socurod
<br /> . � •��I�, :. doht without that Borrowor's consont nnA uvrihout rotaailng that Borrowor from tho torma of thls doad ot trust.
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<br /> '' ''�� • The duties end bonefits of thin daod of troas aholl bind ond bonotit tho suc�ossore and esslpns of Lendor and Borrowor.
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<br /> '` 7�� �`�� 1 D.Notics.Un�ess otherwiso requlred by iaw,uny notica to Borrowor shnll bo piven toy dol(vodng fc or by mn�ing It by sortiflad mep addressed to .
<br />�-�� ' " • gorrowor at tho Qroparty address or any oti�er ad�ress that Borrowor has givon to Londor.Rorrowor will givo any nottco to Londor by certitied
<br /> �-'�":;-t�:.� . � ma0to Landar's nddroes on page t of thl� doBd of truat,orto any other addross which Londor has desipnntod. Any othor notico to Lendo:sha�l ���
<br /> ^^°�� ��• bo�entto Lender's acidress as stat�d on papo 1 of thfedoodof trust.
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<br /> AnY n�Uco shall ba doomed to hnvo boon pivon to Borrower or Landor whon pivon in tho mannnr etatnd nhovo.
<br /> `'� 19.T�nn:tcr o4 tho FropeYty or e Beneftclai Interost tn tho Borrower.if oil or�ny part ot tho proporty or eny Interest In it la sold or transPorcad
<br /> �;;�.:,,. •. �� wifhout Lendor's prior wrftten consent, Lender may domend Immodloto pnymont of tho oocurod dobt. Lander moV also damund (mmadiete
<br />_�'� n�--;-��•., paymont ff tho Borrowcr Is not a nahuni porson and a bonoficlnl Intero3t In tho Borrowor is soid or transterrod. However, Lendor muy not
<br /> • ��••• � domand poymont In tho abave+situattons It it Is prohlbited bytodornl low as of tho dnto uf thia doo8 of trust.
<br /> ` '.` " 20.Recon�nynnce.Whon tho obliflation socurod bV tMa doad uf truot hea bo�n puid and Londe�has no furthor obligotion to make advancas
<br /> •�;'.:,.'. .
<br /> �- �ndcr tho instruments or nflraomunte cocurod by thEs dond ot tru�t, tho Tru9ton shaif,upon�vrittctn roqueat by tho Londor, roconvoy tho trust
<br /> � � proporty.Tho Lo�idcr slinll dol(vor to tha Borrowor,or to Borrowor's succoosor in intorost, tho trust dsed and tho nota or othor ovidonco of tho �
<br /> nhfmation so sntistiod.6orrowo!shoil pay any rocordation costs.
<br /> `c..�� ?_t,&uccesnor Ttuetco. Londcr, ot Londcr'e option,moy romovo Truetoo nnd oppolnt u successor trusteo by firat, mniling a copy of tho
<br /> s�bstitutlon ot trusiao as roqutrod by oprlicab!n low,and thon. by fiiing tho au�stitution of trusteo for tocord In tho affica ot tho rogiater of deeds
<br /> ' " otcecPi ccunty tn whtch tho trust propeny,or soma part thoreaf,ie oituated.Tho successor Vustoo,without convoyanco of tho proporty, shell
<br /> '�t_-.. sua¢od to oll tho power,dutios,authortty and titla of tho Trustao namod In tl�o dood of truat nnd of ony succossor truateo.
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