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<br /> (, COVENAl11T8 ��"° .,,d I�'E �.�
<br /> a �,�.�.
<br /> 1, ptym��4t�. 8orrowor apreea to mako nll payments on tho socurod dobt when due. Unloso Bo�rowar and ten or apro o horvviao, any
<br /> � paymenu lander recelves from Borrower or for Bonoa/c►'�benefit will bs�p�li�d itrn to nny amountt Bonower ov+rev on the seeured debt ,.
<br /> � noi ieduee oinazrc�u�se a y�acheduied payment untll t�he sdeeured debt fi petd�n fu la��'p�yment of Mo secured debt ocaurs for any roeson,it wlll
<br /> " Z.Ctdms Agrtaytnst 118n Borrowor wlli pey ali texea,,.eaaeasmente,end oitie�'Charpee attributabto to theproperty when duo and witl defend titla ��
<br /> dsferiai whtch�9asr�rower msy have apafn,t p�irdd+ei�wha supply tib i or�maM�rlelms to Imaove a�mntntaln t�he p cpenlre��en any rlghte,alalma or
<br /> �,�nwr�co, Qorrowcr�•rU tmop tho proparN ir►su►ed under terma acceptable to Londe�at 8onowsr's oxpenae end tor lendar's benoflt.Atl
<br /> inturanas polide�ahell Inctude e standerd mort9epe atawe in favor of Lendar.Lander witt be named as losa payoe or ea the inswed on any�uah �
<br /> � insursnce poitoy.Any Inauranea proceede may 6e applied,whhin Lender'e dlacretton,to ofther the restoration ot reps(r of the dama9ed property ,
<br /> or to the sacured debt,if Lander raquires mort�age Ineuranee,Bonower agreea to maintaln such insuranee fo�8a long as Le�eder requhea.
<br /> --� 4.Prop�rty.8ar►ower wili keep the property in good condNlon and mnko att repaira reaaonabiy neueaarY.
<br /> ;��•'
<br /> .y�.,,,, . 8 Expmsa.Bonowec aerees to pav ait Lender'8 expsnaee includtnp raasona6le ettorneys'tees,if Borrower breeke eny covenanta M this deed
<br /> �____-_, _ o�buet or in nny oblipe8on secured by this dead ot uuat.�orrower wA�pey theae amouMa to Lendar ae provided In Covonant 9 of tNs dssd of
<br /> � uust. -- ._
<br /> seeur�(ty IMeros�s B!m orerw oi�wiil pe�Orm etl�of BonoweYanobligattona urtda nny�ol tt moRgage�deod oi�urus�t or other6seewitj►ap%eme��t,
<br /> Mcluding Borrower'�eovenams to make paymer►ts when due.
<br /> �,��p}pMq�nd Piroiib.Bottower essipna to Lendar the rer�and proflts of the property.Unlese Bonower and Lender heve agreed
<br /> � othervu se U writinp,Borrower may colleat and reteln the rer►te as Iong as Borrower la not in defauk.If Borrower defeuits, lender. LerMer's . S:
<br /> Itb
<br /> agertt,or a eourt appointed receivernma take Raasession and menage the property and colieat the �eMa.Any ronts Lertder eoileeta shap be ,
<br /> , � noce��asdary rola�ted e�en es f The iem+ninin�g amount o�f iecMs wtli Men apply to pay ents onithe sea�iremdmdebt�a�s provfded�in Ceo ena8nt ny othor . '
<br /> ';^,
<br /> ; e.��}q�y'�i pla�d UHt p�r�pcpo�ndo� Rorrower aareea to eompiy wlth the provlsions ot any toaao B thla c�aed af buet la on �`.`
<br /> " � urid sef�coveei�me,6Ey�-laws.�or repulaUons of tl e eor�domjnium oi planned6unh devaelopme����wer w1li perform alt oi Borcowers dutEea i,�
<br /> . �, i•.-..
<br /> g,p�[ty o}L��Gt ta p�rform fa BoROw�r. �f Borcowar falie to perform any of Borrower's duties under this deed of ttuat, lender may
<br /> pertorm ths dutiss o►aause them to De pe�formed.Lender mny stgn Borrower's neme orpey eny amount H necessery for pertormance.If any _.
<br /> . : .�c�,��my i��ere�c�i�e°n av�erh►d�ii►a�yine ua ea�mptetinp tiie�n�uadonmenr�er.Lender mey do whetevar fa neeeseary to protect Lendefe _
<br /> ° Lendar's failure to perform w�U not Dtecluda Lender itom exercisinp amr of ita other�}ghts andar the law or this deed of truat. �f-
<br /> � � • Any amounts ptid by lendar to prateat LendeYe aeaurity intereat will be secured by thia deed of truat.Sueh amouMa wNi be due on dsmand ,-
<br /> crt0�UI benr irtterest hom the date of the paymer►t umtil pefd En full at the tMerest tete in eNeat on the seanad debt � _,:_
<br /> �� �.•, 10.DMadt�nd Aecd�ratlon. It Bonower faiis to make any peymeM when due or breeke any covenarns under this deed of vuat or any �,
<br /> obllpaUon sscured Dy this dead of uuat ot any piar mortpege or deed of trust,Lender ma�y a�cceterate the meturity of the secure0 debt and Y-r_a
<br /> " 'r� demand immediste psyment and msy invoke the power of sele ond amr other romedies permittea by eppliosble tew. �
<br /> �-,� �" 11.R�qusst ta 11lWta of Ortwit.it ie haro6y�ested that copfes of ttre nottcea of defieuit arKi eate ba eeni iir oeaii�orson wS�a�s p�rlyt �`'"
<br /> -, ' hereto.tt the eddrese of ench such perton,ns set orth hereln.
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<br /> :�_ • 1Z,payru a}8ab,i}the Lender Imrokea tl�e powar af sate,the Trustee shail flrat record in ths oftice of the repister of dsed�ot e�ch wunty _.
<br /> wheroin the trust proPertY ar some part or parcel tMreot Is situated a notice of default cor►teininp the iMormation tequired by t�w.The Tnistee _
<br /> � ' shtl�also ma(�eopMt of the rtoUee of dofauk to the potrower,to eaeh pereon who is a party heroto,and to othar peraons�s prescribed by ___
<br /> -�:,.�r apptfcebte Isw.Nat leas than one moml+after the Trustee rocorda the notFca af detaul or two months N the trun D►operry 7a rtot in any _
<br /> °°';:�s` '� '� Ineorporatad ctry ar villaps�nd ia usad In tarmtng operatiane cattted on by the truator,the�ntstse ehall ytve pubila catica of seb to the petsons __:
<br />_;;r C...". `:'c and in ths manner proacribed by aDPDiiceble law.Truatee.wfthout demend on 8ortower.ehait eetl the property at putilia auaNa�to tho Nphast =•
<br /> __h�_i_.ys+: bidder.Ii requfred by tfie Farm Homestead Proteetion Aa4 Truatee sAeit ofter the propo�ty in two separate sstes aa required by eppllcabie�aw. �_
<br /> ��V,� Le�r oi��dea�ee ms�yr�purclia�se th p op�erh►ai envroisa8ter.H by publia announcems�rt at the tlme and pfaae of a►►y{xeWousry scfbduted sate.
<br /> —�La•�l1eYJ`I.-. —
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<br /> �E:°,.�°=r— Upon�eeelpt of pa�rmeM of the prlae bid,Trustee shali deliver to the purehaser Ttustae's deed comreyin9 tha property.Tho recitlats cornained in
<br /> .__�a�; Truatee's deed shall be prlma facte evtd[enee of the trutl�of the etetemeMS cwnelned iheretn.T�uatea shalt appiy the proceeda of tta sale tn the
<br /> _��,���;•;!%� foliowing oMer (a1 to aii expenaea ot tNe eate, indud(np, but �rot Itmited to,�eaaoneble 1'ruatee'e feee, reasoaeble attaney'4 fees and
<br /> =_—_.,;w,,,�• ralnstatenfsnt tees;(b)to ai!eums aewred bY thla deed of pust,and to)the baiance.it any.tu the persons Iepeity eotlGed to roeeive k.
<br /> �_.°„v F' 19.Fandofun.At Lenders optton,thts deed of truat may be forectosad in the manrrer provide by�ppllaabie!ew for forecbaure oi mortpapes
<br /> ` on�eal property.
<br /> « ,:.�,�..�.�"'..�� —
<br /> �; �.� 14.tnso�eflon.Lender mey eMer the propertl►to inspeet h H lender givea Bonowet noUca beforehar�d.Tha notice must state tlN reasonabls —
<br /> ___�„�� cause for lerder'elntpecUon.
<br /> ��� �s,��.Borrower aasigna to Lender the pra�eda ot any award or ctafm for damepea conneated with s condemrtetton or ather taktnp
<br /> o';:;�'<<;,� of aii or any part of the p►operty.Such ptoceede v�dU be applted as provfded in Covenent 1.7his asslgnmeM la subjeot to the termt of+ury pdor
<br /> ceanity apreemer►t.
<br /> .."��...4t�j`' `__
<br /> _-i:�;;,—;��, 18.Waiwr.By axarcising any reme�y evaitabia to Lender,Lendat doea�tot give up any rtghts to tater use env other remedy.By rat exerctatnp
<br /> -- any romedy upon BoROwer'e defauit,Lender does not watve any Hght to later conatder the eveM a default M k happens a8�in.
<br /> � �y, :� Y_
<br /> —�3��� 17.JWrt�nA S�wral U� Co-tipn�s: Sueassors and AsstO�s Bamd• Ail dudea under thia deed of Wat ero jolnt end sevetat. Any
<br /> gottowar who�o-s(yns thia eed of trust but does not co-atpn the undeHvfng debt inawmentis)does so oniy to grant end corney thet a
<br /> ,L;�r��v?�'`� Borrowar's{�erest in the propert1r to the Truatee under the terms of this dead of Vuet.in sddkion cucA a Borcower eprees Met tta Lender and ___
<br /> other Borrower under thks dned of trus4 mey extend,tnod or make emr otl�er chenpea in t�e tem�a of thia deed of Vust or the securod
<br /> �� d��nrithout that BortoweYe co�seM and wiMout roteasing thet�nowor irom the temis of this deed of truat. �=
<br /> Fa :
<br /> ��� Ths duties and be�af this deed of trust shali Wnd and beneHt the succeason nnd assigns of Lender and Borrower.
<br /> ��� 10.NcWa�.Unteas otherwiso required by law.a�notice to Borrower ehail be given by deUvering k or by rrtniilnp tt by certiNed ma10 addressed to �L_
<br /> ,::--w.:4� -' B o t r o w a r a t t h s p ropa r R Y addresa or any other addreas thet 8orrower haa pi�ven to Lander.8onower wU!gfve any noUce to Lende�by cartl�ied
<br /> ' � • mail to Lenaers nQ S r eaa on page!ot t h Es d e e d o f uuat,or to eny o t her a d d ress w h l c h L e n d e r h a e d e s l g n a t e d.A n y o t h e r rt o U c e t o L e n d a r s h a U
<br /> -�:,.�.-, .::' be seM to Lender's addresa as steted on pape 1 of thfs deed of trust.
<br /> : Any notice slup be deamed to have been gtven to Borrower or lender when given in the manner stetad ebove.
<br /> 78.Tan!�r n}iM Pro�ety or�B�noftclai I�tt In tM Borrnwn.!f eil or erry part of the property or any tntereat In It ta sold a tranaMrred
<br /> � wkhout LeMeYs prlor vrrtitten conaetit, Lendar may demand immediate paymeM of the aecurod debt. Lender mey atso demand immedi�te '�
<br /> • • payment M Uro BoROwer te not a newrat person and a beneftctal IMereat fn tAe Bortower ia aold or uansterred. However,Lender may rat :
<br /> � demand paymeRt in the ahove eftuatlona If tt ta prohibhed by tederal iaw aa of the date of this deod of truat.
<br /> � 20.R�convp�nc�.When the obligadon eecured by Mis deed of truat has been paid and Lcnder has no funher oDligallon to make advancea
<br /> under the I�ab�umeMe or agreemer►te secured by this deed of trust,the Trustee shait upon v�rtitten request bY the lender, reconvey tho trust
<br /> nromriv.The Lende�sfiail detiver to the Boaower,or to BorroweYa eucceasor in IMOrest,the trust deed artd the note or other evidence of ffie
<br /> "—;`'�?"'`"` _- obifgeUon eo eatiafled.Bortowcr sn8ii pay any recoroanon cossa.
<br /> •° 21, 8ucc�ssor Trusna. Lender, et Lender's ootion, mey remove Trustee and�appoint e sueeessar trusteo by ffreL maGing a copy o} the .,
<br /> • subsiftutbn of truetoe as requtred by appliceble tew,and than,by fl�ing the subsUtuUOn of trustee for record in the oNice of the regleter ot deeds
<br /> su�sd t�o ui�ttie power.dudes ePutho�ritlr�and tltle o4PMe Tru�neme0 In tdl�ie deed ot�Vust ne dso any�suc�ces�sor��st��.ee of the propeAy.sheil
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