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<br /> � COVENANTB °
<br /> 1, p�ymfnt�. Bot�ower earoea to m�ke sil p�ymenu on the focured debt when dua. Unless Borrowor nnd Lender agree atherwtae, any
<br /> paymont�lendor rocalvea trom E�orrower or Tar BarrcNr�en io pti��ialpt�.blf�pe�ti�al pto�peyment of th�se�cutod�d4bt occu%tcr any raeaorn�itawill
<br /> � exctuslve of lnt�test o�ainatp�l,tscond to tntereet,era
<br /> not reduce ot exaust sny tcheduled ps�tmtnt urtUl ttse seCUred debt ia pald In fuil.
<br /> �� Z,q�ms Ap�inft 11tl�.Bor�owo►wl11 p�y etl taxlt.euewment�,end other chupe��ttrlbutnble to thepropeny whon due and will defend titte
<br /> � to the property e�gsMut any dafm�whlch woutd Impair tha Iten of this dead of tru�t.Lender m�y tequire Borrowsr to ss�lgn any�ipM�,cUlm�or
<br /> detensas which 8aaower m�y h�ve apofn�t parties who supply labor or meterlela to improve or meintatn the proparty.
<br /> ' � •,�� 3.inwrana�.Bor�ower w81 keep the property insurod under terms eceept�ble to Lende��t Bonowar'i expense snd tor Lender'a beneflt. Atl
<br /> tn�s ru inc�s pot�IIAhiyniin}�urenei p►ceYtdi miy W apptled�withtn Lendeeediscretion to��sidthor tho�routoraUoneorrapnr�of the�demeped propenY
<br /> " cr to the s�curad debt.It Lsnd�r requlr�s mortpapo inturance,Borrower aptees to mstntatn auoh�nsuranee for ao long ea Lender requlres.
<br />° °""'`�' q,propaqr.Borroveer wIU keep the properqr in pood condiNon and r!�ake ail repatrs rossonably�ecesaery.
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<br /> � f Uu�r�fn any obllpatlon seaired�by th al dead ot�uit�s�onower wtll psy�t!►beae emou�to6lende�ei provided in Conve^�a t 9�of this desd o4
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<br /> <, 6.P�ia 8�In�er��ts.Unteaa Bottovuor firat obtalne Lendar's wrkten eonsem,Bor�owe►wtll not make or petmR any chengea to any prlor
<br /> seantty Intere�w•nonower wlli perforM ell of Bottower's oblipationa unde►any pHor mortgage, deed of uuot or other security agreement,
<br /> ' , inctudEnp Borrower�covenu►ts to meks psyments wMn due.
<br /> . . 7•����04 p�gptio e�r�m y c�olie�K and reteintthsereMStac lon�g�oa BoprtoWter is eot n defa ft I��Boreowei�defaultse londarvLenders
<br /> ' ' otherw ao in wtiti�,
<br /> � egent,or a court appolMed teuiv2r maY wko poasaaston and managa the property and cotlect the reMe.Any rents Lende�colleats ahail be
<br /> apptiad Hrst to the coate of mans8lng tho property.Inc�uding aaurt costs and ettorneya'feas,commisstons to reMa1 a ente,and an1►other
<br /> .';•�, neesasary►eieted expemsea.The remaiMrg amount ot reMa wi[�ihen appiy to paymeMe on Me aecured debt es provided in�vonant t. �
<br /> s.�F��i q����,gorrowe►aprea�t'o comphr wtth tha provisiona of am►leass it�la de�d of trust is on ;.,`
<br /> '��'�"'`" , � � � �leoaehoW.if thi�deed of mut to on a unit in a condomfnium or a p�ennea enh aevoMpment,Bom►wer wtlt petform a► ot Bortowae's dutlea
<br /> --- �`��si•�, . unEsr tho co��, hY-�+�""',or r�gulstions of the co�omintum or ptanned unit developmeM.
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<br /> • • . ;,a;,';'"" g.��tl�otih of L«�r to F�fortn fa BortowK.If Bonower feUs to_perfomn am►ot 8orrrpowers duNea under this deed of tru�t.ten0er m�y
<br /> `. � ` ' ��niuuodon on de+�e�prropsnlr i�s�d,l co�nued or not oattined on in a reasoifsble mennem Lenderymay do�whsiever�in�necoryssfery te�protea�t�l-�ender s
<br /> :, securitlr intetest inme propertY.TMs m�y inoluds complstin0 the eonstruadon. ;�;Y
<br /> „�y; lendar'e fatiuro ta perfarm will not Oreciude lender hom exerciaing nmr of its other rtphta unde�tAe�aw or Min deed ot truat.
<br /> s�. " � Any amour�U pafd by Lender to proteot Lender's sacurity intereat wiil Oe secured by thta deed of trust.Such emounte wUi bs due on dem�nd
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<br /> � and wili bear interast nom ths E�te of the Paym°^t undl paid in tuli at the leterost rau fn eBeat on the eewrad debt. ,
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<br /> ,�. �p,pKaWt�nd AceNKation,It Bonower fatls to make any payme�rt when due or drooks eny covenants unde� Mfs deed ot trust ar eny 4
<br /> obllpetion�ecured by thts deed of trust or eny prior mortpege or deed of uun.Leoder mey accelsrate the maturity oi ths seeured debt and :�;
<br /> ,� � demand tmmediste psymeM end msy irnoke the power of eete end aey otM►ramsdte�pem+itted by applieabio taw. . i,
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<br /> " < <iti ���p.a,et tor NoBc�of D�Mdt.k is heroby raqueated that copfes ot the noticea of defauR end ssle be aent to each person who i�a perty r�..
<br /> ' heroto.at ths eddress of eaeh tuot►perwn,as cet fo�th ireroin. ��
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<br /> , '���'•t �Z,powN of gaN,1f the tsnder tnvokes the power of aate,d�e Truatee�hati flrst rocord in the oNiee of the rogister of deeda of each aounty ��
<br /> � `�� ��.. wherein the trust aope�4lr or eome p�rt a parcet thereof b aiwated a notice ot defaul[contatntngef etonan�d to oU�e��r,�eon�s ai�eaaibsd by
<br />';'�•J sh�il�Iw mdi coples ot the ratios of detauit to the Botrower.to escfi pArson who is a party h �° a not in any =
<br /> ;.,'.� appitw6b law. Not leu thtn one moMh etter tho Trustee �acorda the notics of def�uft or two motKhf if tl►e truat P�oPoriY� _
<br /> , [ncorponted cky a v1�i�pe and Is ua�d In farminp operationa eercied on by the truetar,the f�ustes ahall piv�pubite nodce ot oele to tha psrsons �
<br /> �.�• ' .,x •r and in ths manner pre�ibed b1►aDPP�«�e tew.Tnutae,whhout demand on Borcower,sheil setl ths propertN et Pubita auatfon to the hiphe�t
<br /> biddsr.It�equked by the Farm Homestead Proteotton Aat,Truetae ahall oNer the propeny in two sepuate esles as�equhed by�ppiicabis I�w. �•.�
<br /> � • '"r Trtane m�Y postpons�+�ts ot�tl a any p�raet of the p►oP�Y bY WWio announoement�t the tlme and pisco ot any prevbudy sehisduied solo. _
<br /> � � ,� lender a its dssqnse may pu►oheas ths propertY st�ny saie.
<br /> � �I� Upon raeeiDt of p�vment of the prias bid,Trustee shail dethror to the purehsser Troitee's daed conveylnp the propertY•The�soiti b eo�Uined in _
<br /> ' � ^�=' '' Tru�tee's eleed sNll be p►Im�faeie svidknce of the truth of the ststemeMs contdnea tl�e►ei�t.Trustes�fiett�ppty the proceeds o�the e�ie tn the �,
<br /> � ' ,+�t`��f followi� ordet: le) to all expensas of the sels, Includlnp, but not tlmhed to, reasoneble 7rustee's feea, reasonabb attome�Is teos end
<br /> reinstatemar�t fee�;tb)w all aum�secured by this deed of trusb and(o)the beianee,M amr,to the peraons Iegatty eMftted to reeefvs k.
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<br /> ' 18,For�clowt�,pt I.ender's option,this Aes�f of truet may be foroctosed in the msnnar provide by apptioab�s law for foreclosure of mort�ayas
<br /> �.y'•. � "-°�•�•- on resi property. —–
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<br /> �4,Im� I.endm mey erKer Me propertlr to inapeet ft if Lender yives Bonowe*notiee betwehand. The noUee must atate the roeaonable
<br /> _:`�� •••y•�n ' 4� cause �ender�Inspeat�on.
<br /> .'°:i':: ' `? 18.Cqw�ematlon.Bortawer aesiam� M Landet tfiepocae da of any ewird ot claim for d�m�get cortneoted with�condsmn�tFon or other taktnp –T—
<br /> ' '' " , �� s}���y�ott the propeRy.Such procoeds ari II be aPPifed ae provided in Covonsrtt 1.Thb sstipnment ia subJeat M the terme ot sny prior --
<br /> _ _�� � x 18.w�.By exereislnp any romedv ava0abie to Lender,l.ender does�ot gNra up eml riphte to tater use any othar romedy.By not exe►datr�y =_
<br /> -°°'�`` ~ �ny remtdy upoe Bottower's default,Lo�dor doea not walve any right to later conaider fhe everrt a default If it happens apain. _ _
<br /> R� �' � _ �,.. t7. J drt �n d &v�a l L l a b i Wm C�o�s l p n�r r, S u t e t a o» �n d A s�f p n s e a und. AII tluties undar this deed o t truat ue jo iM m�d severaL A�y �
<br /> '-�- g�a� W}p �.sipns thi�d e e d of trust but does not eaalen the underNinp debt insVUmentte)doea so only to prart a n d eonvsy t h a t
<br /> • � . ��• Borrower's IMsnK fn ths p►opertl►to t1+e Tru�e under ths terms of thb deed oFtrust.irt addkton,sueh a 8onoure►eQrees that ths lender snd ��--
<br /> � any otlror Ba�ower under tht�dsed of trwt m aY e x t e n d.modHv o r m a k e a r ry o t h e r e h a n�e s I n t h e t e r m s o f M l e deed of uuet or the asaued ,•rr;
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<br /> . � '�'^,,,. � ,a, � debt wkhout thet Bottower's eonseM and without roleaainp thet 8orrower hom the termt o this deed ot truat. ,•,_.,
<br /> � . � � '` Ths duttes�nd bneflri of thl�deed ot Uuot sh�ii btnd and bsnetit the sueeeuore nnd asalpns o}Lender and 8ottowor. ''r'"'.
<br /> •�' ` 18.Notlao.UMeu otherwice required by Iew.any�otice to Borrower sheil be piven by dellvering it or by mefl{np k Ery certified m�ll addresaed to ;:
<br /> BaROwa at the p�o�erty addross or eny other eddrass thtt 6ortower hea gi�ven to Lender.Bonower wtp pive any rtotice to Lender Dy cetNfied ._
<br /> - ~ ' b�e ser�it to�lendar'Msda dress ai8et te�df on pags t of th s de�eTd�o}vuatmer edtlrou whlofi i.endsr has design�ted.Any other�ottce w lrender ahaU :.�
<br /> Any no8es shaU be deemed to hsvs been given to Borrowu or Lenaer when given In tho manner ststed ebove. -
<br /> ' � ���T�{��}�p�p�rty o��g�f[dd���st in tM Baroww.If ap or any part of the property oa any IMerest In it ia notd or trenster�ed
<br /> � „�b,out:,andsv��prior wtilten eon�oM. ler►du m�y demend immediate paymarrc of the secured debt. Lender mey atso dem�nd Immedtate
<br /> ,, demand pay�M in�abova�s(tuedon�.a if R is aoAibited by hdere�law a.�t of the de�e uf Mie deed�of trusta���.Howsver.lender m�y not
<br /> 20.R�camreysna. Mlhen the obiipetion ceewed by thia deed of trust has beon paid end lendar Aaa�o further obllgadon to make advancun
<br /> � �nder the InaMumente or�reemer►ts seeurod by this deed of Vua4 the Truetee shet�,u on written request�the Lender.�eronvey Me trust
<br /> -� o6tEoeUon o aBUe�nedehBohower 4haI1 pa yany recordation�rr�er'e suceeasor in IMero�tho truat deed and A eote or other evtdenee ot the
<br /> 21. 8uca��wr Tnasts�. Lender, ut Lender's optian, maY temove Truetee and appolrn a succesaor trustoe by fkat, matling e copy oi the
<br /> eubatlwUon of Vuatee as requked by app�loabie lew,end the�,bY tillng the subsdtuuon of truateo tor record in the oNtce of Me registar of deede
<br /> " ."" su�cce�ed to st�the tWiower dudes auMo it and Ntle of the Tntr�ee��am d�in the deed of evu�st andeot eny�eucceisor�trustoe.of the properiy.shaN
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