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<br /> 6. If tihe t�urrowur fAlis to: IN mAlnta{n or pay the promiurv+:+For it�e inquirsd inauranco of iti9 Propu�iy,m(u?psy taxoH a�ura c..,.i::;���:.,cr -��----
<br /> (u)pry eny+��wu�d duo undor a peior martga�ar trc�u ds�d qetoro deiinqu�nt,or(d)�ndntetn the Property In eood repalr, r,r(e)pw�fa�m
<br /> srry��f tha cov�nAntw or+�yre�rr»nta of�Me 7n»t t]ewd,ihen tlee Lsrxfar may,etlt�option,A�Y ouoh InluvanCe prrmium�,tex��,mwt{�q�
<br /> or truat deed payments,or mo!ce r�p�lra and dlabures�uoh�wn��rod t�ks�uoh aotion aw It debmn nqc�f�ery ta pvot�ot it�int�nrt wftMout
<br /> w�Iviny or�ff�otinp it�rlpht ta declare or def�ult sad sao�l�rrt�th�d�bL�eairod h�reGy hea�uas of�ny ruult faiiure o!ttN 6ortower. AnY
<br /> Mnaunh�o di�buned by th�Landsr ehall con�dtut��cWitlonNind�bt�drw��oi th�8orruw�rs�cur�6 by thlN Trust D��d�tw!�hW b�Mlnt�net
<br /> = (vam tha det�of diRburternent e1 tho rat�p�yabts under ihe Nota. �4utlda��tontained In thle pera�rsph�ha11 tequirs tt�e Lynd�r to mN«+�nY
<br /> �uoh cSi�bure�mant�ur tske ony�orian wn�t�onrer. r
<br /> A. The Lander m�y m�ke o►aeuse t�b�m�Q�n�ron�hl�antrl�y upon end ImpauUon o1 the Prop�rry.
<br /> �� 7. TM prao��d�of�ny nwatd ot olsim for d�m�p���dii�nt"cr aon��qu�ncial,In cu�n�otion witti �ny cond�mna�lnn or otl��r t�'inp af th�
<br /> prop�rty,ur pttt theraof,o�(ur conveyano�In Il�u cl oandsmne'tlon,�n h�r�by�oipned nnd�hall be pNd ta the i.ende►to tNe�xt�rrt of tM
<br /> luil nmeunt o!ti�n ramaininp w��p�ld Ind�btadna�ucurad 6y thl�Tru�t Q�W.
<br /> - � Il th�Prop�rty ir MJandon�d by�hs 6o►row�r,or,il nii�r�ruliu��y tho Larxtat to tho Barras:or that tho cotr!emr�or nitP►e to m�►ke�n awwd ___
<br /> or�ottl�a claim tor d�m�y�e,ih�Qortow�r 1MI�to����pand la Ihs l��xln wllhli�3Q dsyi�iter tAo d�t��uch notlas in mMl�d,lM L�Mv
<br /> I��uN�orli�d to aolleat nnd�pply the praa��d�tW th�nime nnund by tM�7n�nt O��d. _
<br /> Cu��d�mnatlon prooeede or nwuAa�hatl be onditb to the le�t mstudnp Imtadlm�nU o!th�fndwbt�Anin unur�d�nd�hMl not�Mt�n�l or
<br /> � pofipan�Ihe duo dnte o} the Insteilm�nte reterred ro fn pnreyreph 1 hereol or chnnQ�tho nmaunt 9}�uoh In�t�timnnt�. .
<br /> 8. If thu Lend�r ia�un e pertlW reltA�s of thl�Tru�t D�sd,th�proo��d�noNw4 therefor 9h�ll b�oreditad to tht la�t m�turinp In�teNmmt�of
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<br /> Lhe Ind�dtsdne�s�ecurad hereby.
<br /> 9. If th�Lsnder eithervoluntorily orinvolunt�rlly beoomea e party to eny suit or legel procaeding reletinp to ths Propsrty.Note or thisTru�t Daed,
<br /> then the porrower wfll re!mburee tha Lender for dl costs and. to tha extsne permiitod by law, reason�blo ettormy�'feaa incurred by ths
<br /> --:� Lende►relatfng ta ouoh ouit ot lepal prooeedinpe and onid Aume ahail oanetltute additional indabeednooe oouured i�y tit;n 7�uat Rc�d�r,�aes; - -
<br /> -__.__, intoroat nt tho rat.e p�yabfe undor tho Noto,until pdd. `°--"`
<br /> = 10. As additlonel saaurity,the Borrower does heroby nesldn, transter nnd eet over to the Lender,in onne of defauit in the Qerformmicn of any
<br /> ot the tarms or oonditlons of tNa Trust Oeed,the Note or the terms of eny Indobtednesa eeou►ed hereby, ell of the rents,revenuee�nd eny
<br /> income of eny type whetaoever to 6e derlved from the Property,Including land oontraot paymenta. The Lendar,in person,C.y upent or by
<br /> _ � rocetver,without raperd to tNe sotvencv or Inaolvencv ot the Bdrrower or the value ot the Proporry,ehell be antiUed to taks poseee9ioa of,
<br /> repalr,rent ond rnannge the Proporty and to oolisot tha rente,revanuna end incomo thoretrom and It may pay out ot said incomo nll expenees
<br /> � of rcpalr and coate incut�ad in ronting and manegnfl the Propvrty and oolleotin{�renta and for payment oi insurance premfumA with eny
<br /> -,�� remeinlnp balance to be applied to tho loet meturing paymente of the debt seoured herd6y. Upon preaenting a oopy of thfe Truet Oeed and _-
<br /> demand to any lossoo,tonant or contraat pur�haser of the Property, suoh peraon ehnll pay all rente, payments end profite acmued or
<br /> ihereafter occruina to the Lender untfl furthor notieo from tho lender.
<br /> Y_ _ _
<br /> �i � 11, If oll or any part of tho ProRony or nny Interoat thorein is deeded, eolely by lend contraot or othorwlae conveyad, ellenatad ar�urther
<br /> -'`? oncumbered either voluntarily or involuntarlly without tho lendar's prior writton oonse�t,exaluding(e)a trensfer by operetion af law upon
<br /> =�•%- the death of a�oint tenant or(bl the g►ant ot uny loasehold Intorost not contafning an option to purohnse with e leese term of two yeers or -:
<br /> =?= ' leas,or(ol the oroatfon of tho purchase money security intereat In household oppllanaee,then tho Lander may,et Its option,declero e0 auma t5;��;
<br /> '�`�'� seourod by thia Taet Doed t�be immediatoly due ond payable. t�
<br />:.�.;� Li�v-.
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<br />--_-�=^. 12. Upon the Durrowor's breach of any covenunt or�groemont of the Borrower In thfe Trust Deod,including the oovenonte to pay whondue any
<br /> �' suma secured by thieTrust deed, the Londer,ot(te option,mey dealare all of tho sums eecured by thie Trust Deed to be Immedieteiy due �+;
<br /> "'�"�• and peyabla without funhar demand end muy Invoka tha power of eale and/or nny othar romedies partnittad by epplioable law including tho �'
<br />- "��:Y.� right to foroclosa this Truet Ooed in tho manner providod by law for tho foroclosuro o}murtgngo�on roal ostato. The Londer shell be entitled �x,_
<br />--- " to oolleot aU roosontfblo coats and oxponsoe incurrod in pureuing suoh romedios including,but not limited to,and to tho extont permitted by ���j,
<br /> -°":� law,roaeonable ottornoys'ioes. `l,•`�`�-=
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<br />_-;�,.`�r_� If the power of salo ie fnvokod,tho truatee shull rowrd o notioo of dofault in nach county in whloh tho Property or somo part theroof ie looated ��•
<br /> ;,�f� and provido notico therooi in the menner presatibed by applioable law. After the IApsa of suoh tlme as mny ba raquired by appliaabta lew, n�==`-
<br />_-°s the 7ru�tee ahall pive publio notloe of eele to the pereonfl end in the ma�ner prosoribed by npplioeblo law. Tho Trusteo,or the nttomey for Ft;?'}
<br />` �'Z �- the 7rustee,wlthout domand on tho Borrowor,shall aoll the Property nt publio auoUon to thu highost bidder at tho tima and placo and undor �^�'
<br /> ?� the torms designnted In the noUao of ealo In onn ormaro parcols and In suoh ordor as tho Trustoo mny detomino. Tho Truetoo mny postpono {��;,,.
<br /> .�'=;. eale of all or onv paraoi pf tho Property by publto ennouncomont nt tho tlme and placo of any proviously schodulod sulo. The I.ondor or ihe �t;,:'-�t
<br /> ' ! Londo►'e dosipnoe may puroheso the Property ot eny ealo,
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<br />..-- Upon r000ipt of paymont of tho price bid, tha Trustoo shail delivor to tho purohnsor a Trustoo's Doad, without warronty, convoying tho
<br />---- Proporty sold. Tho roaitals in tho Trustee's Uoed shali bo ptlma faoie ovidonoo nt tho truth ot the stotemonte mado tFw+ein.Tho Truetoe sholi �
<br />_- appiy tho procaede of tho ealo ln tho following order: la)to ull ronaonn6le ooete nnd oxponses of tho eele,fncluding,but not limited to,tho ���•�+'�
<br /> -- - Truateo's foos of not moro than 9600.00 plus.556 of tha amount socurod horoby nnd romeinfnp unpaid, nnd oosts of titlo ovidonce: (bl to .`��
<br /> ��' oll sums socurcd by thle Trubt Dood;ond(o)tho ozces�, If ony,to tho pereon or�o�sons Iogoily ontitlod theroto. •
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<br />,„�'+�- 9 3. Any forbeoranco by the Londar in oxorcleing any ripht or romody horeunder,or otherwieo allorded by epplioabio Inw,ahall not bo a woivor
<br />—��� of or preolude tho exoroiae ot any suoh right m romody in tho ovont of oontinuinp or futuro bronohoe by tho Borrowor.
<br /> 14. All romadias providod In thia Trusi Dood nro diatinot und cumulative to any othor right or ramody undor thle Trust�oad or aftordod by law
<br />_`'�•- or oqulty,und may bo oxer¢iood aonaurrontiy,IndopondonUy or euooeaefvely.
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<br /> °��n. t 5. Upon paymont of nil sums socurod by this Truat Doad,tho Londor sholl requost tho trustoo to roconvoy tho Proporty and shall surronder this � -
<br /> a ' Truet Dood ond ull notoe ovidoncing indobtodnoss socurod by thfeTrust Daod to tho Trueton.Tho Truatoo sheli roconvoy tho Propo►ty without
<br /> -- � warranty to tho porson or poreons lognlly ontitlod thoreto. Buoh pnraon or porsona ohall nay all coate of reaordation,If any. `
<br /> ,Y� � �
<br /> ''' ,'„' 7 8. Tho Lundor.ot tho Londor'n option,mny from time to timo romova tho Truatee o�d appoint o suaceasor Truatao to nny Trusteo appofntod
<br /> � haroundor by an instrumont rocordod in tho oounty in whfoh thie Truat Doed fa r000rdcd. Without conveyanco if tho Proporty,tho suaaoasor
<br /> Trus4eo shnll euc000d to nll tiUo, powor ond dutfes cnnforrod upon tho Truntoo horoin nnd by appliaablo law.
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<br /> 17. Exoopt for any notfaos,domnnda, raqueats or other commuNoationa roqufrod undor npptlooblo luw to bo givnn in nnothor ma:.nor, whonovor
<br /> the Londor,tho Borrowor or tho Trustoo flivos or oorvoe any notiae lfnnludinfl, wlthout limitation, notiao ot dofnult and notico of sale),
<br />- ..,-- domanda,r�quaets or othor oammuniootion with raspoot to thia Truot Uoed,oach auoh notioo,domand,roquost or othor aommuniontion ehull �
<br />- bo In writinp and ohnll b�oitootivo oNy tt tho enme ts daiivoroo oy poreonai eorviao or maiioo oy aorii"nvd moii,pvaiayv propoid,rvivm roca�pi � .,
<br /> ' ' roquoatod,addroseod to tho oddroso eat forth ot the boglnnlnp of thie Trust Doed.A copy of any notico ot dofnult,ony notico of eala,requlrod �
<br /> " `� or pormlttod to bo glvon horaundur,nhell ba maflad to oach poraon who is o porty horoto ot tho addroea eot forth nt tho boginning of this Trust
<br /> - Dood. Any perty mny ot any timo ahonpo ito oddroae for¢uah noticos by delivoring or mailing to tho othor pnrtlas thoroto, as nforosuid, a �'
<br /> " at notico of suoh ohnnpu. Any notico horoundor eholl bo doemod to havo boon givon to tho Borrowor or tho Londor,whon givon in tho mannor I
<br /> �, �`' � doafpnatod horoin.
<br /> „�y�� 18. 7ho covonants and agroomants liaroln contuVnod shnll bind, und tho rlghts horoundor eholl inuro to thu roapeotivo hoirs, porsonal (
<br /> roprosontotivos,succosr�ora and nssigns of tha partios. All oovonents and agrooments of tho Borrowor Rhall ba�oint und aovornl. Whonavor �
<br /> � roforonco la modo to thv singulur ho�oundor,It ohall Includo tha plural and tho plurol ahall Includo tha atngulor.
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