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<br />---- _ __..;.,�..�,,.? 1. m�inte 4�i�dar�iriivn Irorn OorrorNil o�4p�Y8�rowot'p t��QO tuwidll ha�eppl ed t rat ta a ry emqunte oorrnwei oviseto�i thB4eecu ed czsbi ��.:��.
<br /> e �nrt��, exctudw ot:rtanet o�prl�ciy�t,rsc�5d t0 frRatesL�t�nd►h9fr to prino�pai.It p�rtl�l prepayment of the encurod debt oeeuro tor eny roe�on,It will `
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<br /> y,CI�A�9 TIt�N.Bu►rpvy�Y.wiq.DW N��4l���u�uits,end othar cherpoe attrlbuteb►e to theproperty when due end wlll detenA tltle �,� �:.
<br /> r:i�i•nT.g'` t0 tM p�Op�rtY Rn�If1lt�ny CT�IIfl�W�Nah wou imp�k tt»INn of thl�da�d of trwt.Lsnda m�y requV�Borrowar to�ulyn eny rl�hn,cl�im�m _.�_T-_
<br /> �':•a�:...,,_.._. .. d e t a r t e�w h�c h B o r rowrr me y h�ve apNn�t p�rqes who�upply labor or mateH�U ta Im(xove or mafn.ain th�proparty.
<br /> ---•�!�--���e"' InaW�d undo►t�rme�cc�ptMHle[0 6endar at Dorro��ar'n mfpame�n d tor Le n d e r'�b e rt e l t t. A l l ��y...� ;
<br /> 3. M�wr�nc�.Borrowa will k��p th�Groperty
<br /> __�.�—`" Inaunncs policle��h�ll include�at�ndwd mortp�sN ctaw�In I�vor of 4end��.Lendu will be n�med a�!ou paY�e or as tha imur�d on eoy�uch �i�?��r
<br /> ,:,�; Innxenc�pnlicY.AnV Insunnce procoed�may i»•ppIl�d, withln landor'�di:cretion,to either ths rettoutlon or np�lr of th�d�m�d property , '
<br /> r� or to the aeured debt.lf Lendar reQulro�mortp�qe Insex�nce,Lbrrower eprAea to matnteln wch Inturance tor ae lonp a�Lander requlrea.
<br />;_,���� `r�", �i,Prop�rtiy,gorrower will keep the property In pood conditlon�nd maks n0 repdro ro�sonably necessuV. �
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<br />,-x�{��. � { � of fru�oN�anY oblipetion iecured by thi6 deed ot truaca��nrrower v9irfll psy theR�emount t Lender es D�avlded In Covanant�9 0}t3ilshdeed of
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<br /> -�"''��:�'."•�"��' g, pdar g�ourity q�t�nu�.Unte�s Borrowe•firet obtaine Le�dcr'e w►itteo conaent,Bortower wiil not meke o► permit eny chanpee to eny prtor
<br /> �`�i°"` � secuNty intero�b, �orrowu will psrform eil 01 Borrower'� obligstlom undar eny prior mortgape, doed of Vuat or other secuflty apreement, � �.
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<br /> `_�,.-:. �°; '•r� includinp Borrow�r'e covonent�to maka paymente when due.
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<br /> "° 7,p��I w v n M�t of R�ntr�nd Proflto.Borrower esslpne to lender the rente and piotite oi the properiy.IJNesa Borrowor and Lender have eQraed -���,:.•
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<br />°+''�i�,�r' a 1, o t h e r w f c e i n w r i d n p,B o r ro w e t m e y collent and retein ihe rente af lonp ea Borrower la not in defeult.I} Borrawer deTeuite,Lender, La� er e
<br /> -' �-• �• a�ent,or a court spDotnted roceivar maY tnke poaseac lon en d man a p e t h e p ro p e r t y e n d c o l l e c t t h e r e n ts.An y rente Lender collecta shall bo
<br /> - ��;y'}� � n�c 6o�at ry f c 1!e d ex port�eef Ths remi ln inp emnun t o f ro n t s w f l l t h en e p pt y to pa yment eon the secured debt ao provlded InBCoJenen d,sny o t h e r ';.. ,
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<br /> ;.;�;�+��`y,� ' . 8.�����.�ondomtnkmH;Wen�Hd Udt�weiopm�nb•Borrower epreea to compIy with the provfaianf of eny teaee if ifils dee d o f trus t is on ��J
<br /> �,� a leesehflld.1�thls deed at uu�t la on a unit In e condominium or e p�enned unit development,Barrower wiil perform eil of Borrowe►'s dutles _�,
<br /> :�, R ur�der the Covenante,bylewe,or ropulatlona of the condominium or plenned unit devetapment. '
<br /> t'e ,::•,�.:•.,�..w.... . .._ _ .;;�A�y(w�m�bttflAYY�V.If Borrower falla to perform an of Borro�ver's duties under this deed of trust, Ler�dar may
<br /> -,,...., , .,r,.__� 9.QL'uwna��t���� ...__ ��__ ._�,_,,.�,,,�.-+ ��.,,�..miv aiqn 8o��uWGf�6 OCIRO 6! 9y eny emount if neceaserV tar performenc` taany __
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<br /> �-- - panorm u��...,Goa a��a�oo .•, ••� �-••°••••"°• - „:;�•!••,••�•nncesearv to proteat en er'e � _
<br /> � con�truct}an on thetxoperty is discontinued or not carried on Iri e reesonabte mannar,:.o���o�..�a� �"
<br /> -. `.1�`-� secuNry Inters�t i�the prope►N•Thfs may include completing the construction. ._
<br /> � ,,;"., � Londer'e failuro to pertorm wl11 not preclude Lender trom exerclsinp eny of Ito other rights under the lew or thie dead of tru8t. • � 7,
<br /> ' Any emounto pald by Lender to protect Lender's securtty Interest w�ll bo secured by thls doed of truat.Such emounte will be due on demand ,�
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<br /> . ;.. ••..t, „ end wlil baar Enterest trom the date of the payment unYil pald In full et the interest rate in eNect on the secured debt. .
<br /> .�•:�'�� 10. D�iwk�nd Acc�lar�tion.It Borcower falls to make any pnyment wrhen due or breeke any covenants under this deed of trust�r any
<br /> .__ ^ obligat?on secured by thle�de�ed��g.��v kihe pow6r of sals and eny�thor remadi adpermitiEd by'eppliceble lawutlty of the securod debt and
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<br /> • � herao�att he eddreas af e e hfsuch�per6on,�asyset torth hera n,copien of tho notices of default and eale be sent to oach person who is a party I :
<br /> * f selo the Truatee shall fitst tocord i�tho offico of the rogister of dAeds of each county f ��
<br /> ' " 12.PowH of S��.��the Lender invokes tha powar o -.
<br /> • v wha�ein tha uust property or some part or porcel thereof Is dtuated e notice of dafauft cantaining the Information requirqd by law.The 7rustee _.y
<br /> oroto,and to other persons ea prescribad by .�r,
<br /> ' shall etao ma8 coples of the notice of dofault to the Borrower,to eoch pr�rson who is a party h ls not in en t, ;;
<br /> "����, appticable Iaw,Not lesa than one month ofter t o�eretions oariled on by thn t ustarethe 1'rustee shall giv0 publlc notce of sa e to the porsons '-', '
<br />' • � %�;+��"'� incorporated ciry ar viiiaye end is used in terming P
<br /> �..:;,�.• �::.••r,:•�• a n d t n t h e m�n n e r p r e a c ri b ed b y e p p pUcab�e law.Trustee, without demend on Borrower,sheil sell the proportY at pubilc auation to the higheat `�` -
<br /> Iicable iaw. ��
<br /> ; b(dc�er. If requlrod by the�arm F{omeatead Protection Act, Trus tee e h a l l o ff e r t h e p r o p e►t y I r�t w o a e p arete seles es re quired by ePp s.
<br /> Trustee m�y f��Pone sale ot ell or any percel of the property by public ennouncement et the time end place ot eny prevfouaiy scMduled ae le. �r
<br /> .- ..�x• � Lend�r or it�deatynee may purchese the prope►ty at any eale. .
<br /> + ��•'`•� upuu tecetpt ot paVmont ot the pHce hid,Trustee shell deliver to the purchaser Trustee's doed conveying the proportV.The recitials contalnod In
<br /> Trustee's deed shall be prima feclo evidionce of the truth of tho statements contalned thatein.Trustoo shall epply tho proceeds of the aele fn the
<br /> ., Y,.},4��;,'.;`;�: fa�owing order: (al to ell expensea ot the sela, including, but not Ilmited to, reasonable Tru9tee's foes, roasoneble ettorney's teea and
<br /> �'���' , reinsteternent tees;lb)to aIl suma secUred by this deed of trust,and(c)tho belance,if any,to the persons logally entitied to recaive it. ,
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<br /> s;���'��_��+�f���+7�' •" 79. fonciosun.At Lender's optlon,this deed oP trust rnay be fcroclosed In the manner provide by eppifceble law t�r toreclosure of mortgages
<br />_'_�•,���;:_"M�n:�,�y�f,� : on real proporry• .,
<br /> . ' .i�?,t:�'•�
<br /> � �t� causa fo�lender's Insptiction nter the property to inspoot it if Lendar pivas Borrower notice boforehand. The�otice must stato tho reasoneble
<br /> � 16.CondMnntlion.Borrower essigne to Lendor the procnoda of any eward or alaim for dameges connectod wiih a condemnetion or other taking
<br /> • • - � of ell or eny part of the property.5uch procoade wlll bo applled ea providod in Covonant 1.This essfgnment Is aub)ect to tha terms of eny prlor
<br /> security ugreement.
<br />- ,. , .:,�, 18.W�tvu. By exercising a�nV�amody ova��able to Lendor,lendor does not give up any nghta to leter use any other remedy. By not oxercfsing
<br /> any remedy upon Borrower's default.Londer does not weive any right to lotor conslder the ovent a default If it happons n8efn.
<br /> ".�:. 17, Jdnt and 8sv�rM LIeWIity Co•aipn�n: Succsatots end Aeaipne 6ound. All dutioa undor thls deed of trust ere Jolnt end sovaral. Any
<br />��•� '� ' ' Borrower who co•slflns thie deed of truat but doos not co-sipn the underlying dabt Instrumont(s) does so only to grant end convey thnt
<br />•:,;`����. � Borrowe�'e interest In tho property to the Trustee undor tho torme of thls deed ot truet.In additlon,such e Borrower agreec that tho Landor nnd
<br /> �� � any othor Barrower under thla dood of truat mey extend, modifv or make nny other r,henpea in ths tarma of thfa doed ot truat or the secured
<br /> •� •�• -� debt without that Borrower'e consent end withouY roleasing that Borrower irom the torms of thfs doQd ot trost.
<br /> `� Tho dutiee and benefits of thle dnad of trust shell bind end benotlt tho successore nnd esafgns of Londor nnd Borrower.
<br /> �r;.'���
<br />��� � � ''7i 1B.Node�.Unlesa othorwise roqulred byy law, eny notice to Borrowor shell bpo gfvon by dellve�ing it or by mafling It by cortified mall addrossod to
<br /> � � � ma0 to Lender'e eddreae on page 1 of this daod of trustth�ettB�oeny other�oddrosetwhlCh londerrhee dealpnatod Any other ootfco to LondorrtshelJl i
<br /> be eent to Lander's addreas es stated on pego 1 of tN�dood af trust. i
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<br /> ;A': Any notice shail be doemod to heve hean 01ven to Borrowor or Londer when fliven In tho mannor ateted ebove.
<br /> 18.Tt�ntfer of ths Poop�rty or�B�mflcir Intenst�n th�Bortower.If all or any part ot tho pruportl or any Interost in It Is sold or transferred �
<br /> r. �vithou4 Lo�do�'o prior writton consant, Le�der may domend Immudiote paymont of tho sacurod debt. Lendor moy also domnnd Immedinto
<br />� ,..`1E payment If tho Borrower Is not e naturol pnreon nad o benoficlol intorost In tho Borrower Is sotd or trnnaferrnd. Howovo►, Londor may not I
<br /> ..:.
<br /> domend pnyment In the nbovo situetlon�If It la prohibltod by foderal law oa of tho dnta of thla doed of trust.
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<br /> `" •t?.N " Z0.R�conv�yanc�•Whon tho obllgatlon socurod by this daed of trust hua beon paid, and Londor has no turther obli�atton to mnka a voncos ,
<br /> --- . ..�_ ._�....�... �.oamnntn sncurod bV th18 doed Of ttUOt� tho Trustoo ahall,upoLLw`IttMn�roquoat�b�roh�*�e�dunfhaf nvid°nco ofrthn �
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<br /> � praporty.7ho Londor ehall�eliver to tho Borrowor,or to eorrowore succassor m„��o�aa•, ..p.•�••�----••-•••-••--- - �
<br /> � ,. '� ° �� . obligatlon so satisfiad.Borrowor eholl poy any rocordaiian coats. f•
<br /> � " •�'�, 21. 6uccastor 7rusts�• Lnndor, at Lon�er's a�tlon, ma y ramovo Trustee end apPoint e suCCOSSOr trustno by tiret, mufiing o eepy of tho �I
<br /> 6ubstitution of trustoe es requtrod by appllcahlo aw,ond t hon,by filinp tho substitution of trustao for rocord in tho offico of tho rogister of doads f
<br /> '� „ � suicoed to all tl�o poweh tc�tutfoa�autholt�Y end titte of tAo Truetoe�namod�in�tho dood of 0eust nd of nny isuccossorvtrustoe.of tho propu►ty,ahall I
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