|
.. � , _
<br /> � -�•rc,�e.++r e•i�:=- . , ._ ---
<br /> ��wr Esi i y('�hl�AJuy�q�..�qi�-.�,... �� ' - --- -..
<br /> , ' .,,, ______-
<br /> � .«,s.�= — -- —
<br />� -...�. -a.—'........��.� �-- -----'—^'�'�—
<br />�.�:�::4�'E7E".F''�.SI (� ,±1 �p�� ' — .
<br />-:.-�_.�__.�.� Ysd L �� y ra.n �`� _-°----
<br /> �'��`�}£'`�:')� .,. , .- ..._ ..., „.'. r'I �:�.. •:,t�� �:i�st;� t UVElVRfBx�`' - - -:...
<br /> ,.. ... (r�a ... :>
<br /> '1 f140. �1�.��:J !;:.�ii�;. .•f iV� ��':;:: 7 C".<i^. qi�.' ^ �h-.�
<br /> 9. 4..�..._...�. . . .....r �.,,:�..�f � ' � - - - = -
<br /> . ,..,.. •.._...' ,
<br /> . .o-. ...,::.•.,e..: ..:.::':-i yL_� 4l r::�L':ES:.L';::�; C:S,i-�'.:..?OSti:.J (:sl SiL]�:::",..1 C�:-
<br /> � . �u ...
<br />._.�._...__.__..... 'f��t• ���.� �� .�� . '...
<br /> ..._-.:� u9'/i0ofi2a�.Ciw'�7 fSii7'�1:13 4P011 Ci�.UC::77�ai�ic� �:•t,iU`.:ci'o c:.�� :._._,. _:-
<br /> excfwtue ot Intere�t or prJncip�6 R+canA Ra►ntsrdt,a�d tMn to pnnc•pMl.IT prr{Irl ptopaYmene nl tf w ce::uiod d�+Ct Gccuro tc:T cr:y rc::»=::,�6�-���
<br /> _-----___-° iwt r�dua a rxcws�ny ych�du►�d P�ymMM.+N+tH trw�aK�d drM f�pxkl In tull.
<br /> � ?.CMim�Ap1�lrwt TieM,Bo►row�r wiW tsaY s�1 tsxa,s���a�m�nt�, and otMr r.�rOte�ttri6ut�bN to tMp�apety wMts dw snd wfU dut�nd tetls
<br /> to thn p►upwtY owf�+at�ny clNm�whlch woukf Ir+pRk tM INn uf thl�de�d of Uu�R.Undar m�y rpuY�Borrow�r to a��ipre uiY rlphtn.�I�os —
<br /> doS'Mw�wMcfi Qorrow�r msy h�w qakuY P+�n►��Ru��F��K�m�twl�t�to Imp�ow or m�fnt�in ttr�prop�rty.
<br /> _—= 3.i,�u►ar�a.Bo�rowN wiili ka�p tM pro�ty in�urad und�r tKm��cc�rptsbU to L�nder�t 8arowa'�axpensw ae�d(a L�'� b�Ht.AM
<br /> - inNUracico�w1i;.l;i.st.��'1l,:�,u:i:;o�t�r.�!crd m^_rin-�r.lr..l±e in 1`avor af 1.�.U�r wfl!�rnam10��losa payN or��tl�iruur�d on er�y�uch
<br /> {nMx�np A�Y.AnY Maur�na�o�wrd�mall 6��p�N+d,wiN�in L.�rM�r'a discr�tlan,t�s�ithtr U»r�unrriiai w roy:t:or:.a Q�...�u;;�.�'.F+�y��'; --
<br /> a to th�srax�d dsbt.If IArWM rfQt►ftn mortQap�InsunNfc�.Borrow�r�pr�to mNnt�M�uch Inaurx►c�(a�e tonp a L�ndK r�qukM.
<br /> _���d 4,Irop�ty,Borraw�e wlll ke�0��P►oP�Y In pood corxlition ind mlke dl rap�ke v���oR�bty nece�ttay.
<br /> 6.Expsrw�.Borrowe�fl�e�ra to �pey all Lendsr's�xpen�so Includ{np ra�uonebN�ttorr��'tM��if OarowN br��iu sny eowt�ant�In this dNd
<br /> of uu�t a in�ny oblip�tton s�au�d by th!e dsod nf trwt.�ortowar wfii p�y th�N amuunt�to Lorxil�r�s prov{d�d M Cow�snt 9 of tht�dNd of
<br /> vu�t�
<br /> --- 6.y�ia E�wy�y fn�rNts,UnUas Barrowsr tiret o6tolna Len'.ar'c wrkten consen�8orrower wul�ot m�ke or p�rmft�ny chrr��ta�ny Fxbr ____
<br /> . i�i�ud�N�iy�Bcetower�covAnanUtoPmiks paym nti whe dueobliysrtbns under�ny prior mortgWn, dud of vuct or othsr ��cwity �qne+n�nt.
<br /> -= �.�a�ior�K o1 q�nq rnd Proff4�,Borrawer aas►pns to Lender the ronti�nd prof�t�of the prop�rty.Untus Borrows►�nd I.�nde►haw���ed
<br /> otixrwls�In writirp,BorrowK m�y cafbct and rstain the rsnts s�lony as Borrower is not in d�+t�uit. {f Borrow�r d�fsuk�, L�nd�t,Lender'e _
<br /> �J'' �ppl� f kit ta ttw cats of�m na�pk�p thet�pr��p�irtY�Includi�couit coRti ind pattornayi cfe�ei�aommisebn��LO rental i�nts,�rwd�iny a�
<br /> , nsc��sary roiated�xp�n�o.TM nma�nirp amounx rtt ront�wEll then�pply to p�ymsnta on the�ecutM debt at providsd In�ownant 1.
<br /> — �,���,,,+�..�Ml,,�,r4,u,�y;p�,.n�Nd UNt p�wkpmmti.Bprrower eQrees to comoiv wi►h the provl�bna of ony koae If tfii�desd of tru�t I�on
<br /> ��3�� e leessiwid.lf ti9s de�d of trust iA on a un(t in s cot►Oominium o►e ptanned unit devaiepmeid,G6f�6YYoT HIH�f}C1YT1 LH O}EUffOlYN�e ctutba
<br /> °.�.��.�a.�;.
<br /> undx ths cov�r►N�ta,6y-fsw9,or reputattone of ihe�andominfum or plenned unit dovelopment. _
<br /> f 9. Authortty ot LNSdM io Pcrf+►►m tor Booraw�r.!f Borrowur fefta tope rtorm art�of Fiwrov�cr'� tlutles undar thfc daooi ui i,uai, tuiwa:�ray __
<br /> ��`'�'���'r�=;,� padorm tM dutiea or ca!!se�hem m he pedormed.Londe:mav eign Borrownr's neme or pay eny amount(f necetsery for perfnrm�nca.It�ny ___
<br />- =�;�y�,t� conctructian on the �ro���ty 1�diawntlnueQ or nat carried on in e rersoneDto mannnr,�ender may do wi��tova�{,nacca:�:Y to prot�rt lcrr_4r'�
<br />�-:—:;,.�Y� �. security Intore�t in the property.Thb rt�ay Inciude compktlnfl the consiruction.
<br />,_:��:�����__._�� -
<br /> -____ —�, Lendsr'a feiNre to perlorm will not pteclude Lender from exardsing any o}i;s ot�mr rights underthe+lew or thie deed of trust.
<br /> '��:�:.� .r.r,,;-..�;�F-��...��e�aer�n ornt.�ct I ender's secutltv Interost will 6e secured by thi�deed of Vust. Such amounta will be due on dem�nd
<br />=��;,,-:^��Od� and witl boar Intereat from the date of the payment urttil paid m tu0�t tne intnrest�ain i��oGecc on :+tia oaw��u datt. _. �
<br /> 'lAi4�?:�; -
<br /> �,�r�� . 1p,D�hiAt aod Acc�Nian.If �arrow�r faiis to make any payment when due or breaks eny wvenmts under thii deed o!vuct or my
<br />_�-__ „��: oblip�tton aewred by thf�deed of tnrst or e�y pr(or mortgape or deed of trust, Lender mey acaetemte the m�turity of tM securad dabt md
<br /> "=:t�- • " dem�nd immsdf�ro payment end moy dnvoke the powor of sete nnd any other remediea permitted by�ppiicaDte law.
<br /> �`�n=�=}:t�." ,_•s� _
<br /> _�-_�.,t.�,a ..��- ��.�����..����.r.�;;;���hy iQ���qera�rhar r.nnme of the noUces of default end salo be sent to each pereon who le a party
<br /> f� "',' 1 hereto,et the eddreae ot eech sucA porson,oe aet forth herei�.
<br /> { .',+ ;';:., � 12.PowK o!&�M. If tlae Lender invokea the power o}sete, tho Trustoe shall flrst record in the office of tt�o ropister of deeds of each county
<br /> ,,..• wherei�Ma vust p�ope�ty or some part ar parcol thereof Is sltueted e notice of def�ult containing the Informatlon required by law.The Tn�ctee
<br /> _,;ti.",'';f;;�=�.:� � � ahall eiso maii copief of the noilce af default to the Bortower, to each persnn who is e parry heroto, encl un other persoea as ptracribeA by
<br />_„���.,,�„��_r.,.- appiicabN iaw, Not In�th�n ono month aftsr the Trusteo recotds the notice af default or twa months i4 the truci property Is ao4 in ar�y
<br /> �';�•,';`�:iN+�� i ` and�in�tl�is mim�ier precc�bt d 6iVS�iPPPlicabte�lrw T r astee�w thout demend ont8 Ro owe�hai eall t�propertlr let publia auctlon to tMhgMst �-
<br /> ���'�y��•'r�;- :. biddsr.If roquked by the Farm.HOmestead Protection Act,Truatae chall oNer tho�o�►ertv In two separate seles ae requtrod by eppliable law. �;;;
<br /> �� t..'.
<br />��°.�--_ .,� Truotae may poitpone sele ot etl or any peresl of the property by publio announcament af the tlme end place�f eny previoucly scheduied eele. ��
<br /> ��°s"'''�f'�=r.� Lendsr w it�dealgne�mty purchace the prope►ty et any sate. -
<br /> =:-:»sye��.;.�s�• �c..�
<br /> � Upon receipt of payment of tha prica bid,Trustoe shali daliver to the purchaser Trustoe's daed convoying the property.Tha recltials conteined in ��,,
<br /> ..�,.�,y�;,.�,..w,,� • Tnistee's deed shail be prirtne facle evidiance of Me truth of tha statementa conta�ned theroln.Trustee shall appiy the proceeds of the aele in tho �___
<br /> reinstate ent feess�lbl to�all suma secu md by this�deeduof�trust and(c)he baience 8if eny bto t a persons lapetly ont Ued t recefve Ii,feos and ��::,
<br />-_ • . Y�., s r �?.
<br /> '�`''��`' � 13.Fonclo��x�.Ai lender'e option,thls deed of truat maY be forectosed in the mannar provide by eppticable law tor foreclosuro of mortpaAoa
<br />- -°`�'¢.;''i , on rea!property.
<br /> -��,#t-.,e�{..x
<br /> - - ---�-��., 14,1� Uat�.Lender may enter tho proporty to inspoct it if Lendor givos Borrower notice beforohand.The notico must state tho roasonabto
<br /> �p�cUat
<br /> "•s.�c�" `�T�'+` causo S�or Lender's inspoction. '
<br /> _, _.,.�,.
<br /> ^':��
<br /> _ `..=��t:,r":� 15,Cond�TMwtlon.gorrower assigns to Lender the roceede of eny award or clalm for dama ae connacted with a condemnatfon or other tekinp
<br /> ��• of ell or any part o4 Ne praperty.Such procoeds wfP 6o eppliad a9 provided In Covenant 1.�Na assignment is subjoct to the torms of any prior
<br /> •� sacurity apreement.
<br /> 1g,Wdvtr.By exerdsing any remedY avaiiabte to Lender,Londor does noY 8��e up any r(ghte to Intor use anV other remedy. By not oxorcising
<br /> - `�� . � :� any romedy uRon Borrower e defeuit.Le�der does not waive eny right to later consider the event a dotauit if it happens again. �
<br /> • � te 17.Jalnt�nd S�v�d liabilitv� Co•aiprnn; Succ�ssa� �nd Asilpns Bound. All dutiea under this deed of trust nre joint and soverei.Any
<br /> Borrower who co-sfqns thf�deed of truat but doea not co•sfgn the undorlying dobt Instrumontlsl does so only to grent end convey that
<br /> Borrower's fntorest in the property Eo the Trustee undor the terms of thio deed of trust. In additio�,auch o Borrower agroes thet the Lender and
<br /> � debi wittiout thn Borroweer e consent end without releasin0 that Borrowerfrom the terms oef this daed of trust thle deed of trust or the securod �
<br /> - • '.:y�
<br />: , ; 1. The dutles and benefits of ihis deed of trust ehnil bind end banofit tho successors.end essigns of Len�er and Borrowar.
<br /> .. ;-:jj 19.Notic�.Unless atherwise requlred by law,eny notiee to Boreower shall be piven by doilverfng it or by meiting it by certitiod mail uddtuased to �
<br /> Bwrower�t the propertY addrese or any othor cddroas that Bonower hes gIven to londer. Borrowor will give eny notico tu Lender by cortitied
<br /> .�1�• mail to Lender'e addreFS on pepe 1 of thla doed of t�ust,or ta eny other address which lender hna dosignated.Any other notice to Lender ahall
<br />_ - • j+ be aent to Lender's eddte:.s es steted or+page 1 of thla deed of trust.
<br /> , i �
<br /> ' • Any nnttce shnll bd deamod to hnve beun flivon to Borrower or Londor whan given in tho mannar atatud abovc. I
<br /> ��.:�.:�.,
<br /> �. � 19.YransiK of ths iropnty ar�B�r»flciai Inte�st In tM Borrowe. Ii oil or eny pnrt of tho prapartV or any interost in it le scld or ttnns}orrQd
<br /> vrfthout Londar's prbr written consant. Londor mey domand immodlato payment ot the secured dabt. Londer may also demend Immediato , .
<br /> , . domandtpiaym�enBE�n the ab�ove situationsr If ip Is prohlb t�d by fedorel law ns of tho deto of this doed�o}vust nsforrod. However, Lender may not
<br /> ...:
<br />, �, --�•;. �'_., 20.R�com�y�ncw.Whon the oblipaHon sacured by thls doed oP Vust hoa boen pald and londor h3s no furthor obli oUon to mako advoncos
<br /> 9
<br /> ,.;�•.� ,;: under the InsVUments ar apreomonte securod by ihls deed of tru5t, tho Trustao shalt upon writton roquost bV the Lender, roconvoy tho trust
<br /> : .,. -�- • _��;_ property.The Lendor shall deliver to the Borrower, or to Bonowar's succosaor In Interest,tho trust d9od end thn notn or othor ovidonco ot N�u i
<br /> . _.-- ---� --- _._�._. .,_�_.Y_.r,_�..�...........d.rL.n rnetc
<br /> -� .•.. .. ..-_.—"'_ ODIIBaLIOf1 60 7UCtOVtOV. wt�v..v�a..vn y..�....�.�..�."��""'�'
<br /> 21. Suec�stw Yru�u�. Londer, et Lnndcr'a optlon, may romovo 1'rusteo nnd appoint o succossor trustae by first, matlinp a copy of tho i
<br /> suba�4itution of Vustee a3 requirad by epplicabto luw,and thon,by filinQ tho substhutlon of 4rusteo tor rocord in thp offlcu of tho ragistot of duods i
<br /> • • succeed to etltitho power tdutlosBOUihoic�y ond ililo ot the T�ruat o nari nd i�tho doed ot trust e d of anyisuccos or c usioe.of tho proporty,shall �
<br /> -: .. lPage 2 0/21
<br /> - � � ElJIKEAS6vSTEMS.INC.6T.CL0UD.MN603W It�E0a991•49NIFOFt.10CPMT6NE8�tA/91 _`
<br /> - „ �
<br /> � I
<br /> _ �
<br /> •1 — — —
<br /> : -� _... ..._._._ � __ . .�._. .... _ ..�.._ _ ... _'__" . . . . . .
<br /> ....__. . ........... . . ... . ... .... .. .
<br />
|