|
• ' . vt r. . , , .,�, . . . .C � ',�.. -.� �i��.��--- ._. �::':c .-
<br /> .. � .. � ' �� v......_..__f. =a' -J " �L.���.�
<br /> '_,t`,
<br /> ' �ov�anesrs �,��a'��� �'` �'
<br /> 1. piy�ersy. 8or►owar ayrae$ to mako ail paymer+ts on tt►s �e�UI ba&P�d firat io any a e����noweowa�6�e a�ea�irle�de6t -
<br /> payments Lon6Qr raostva�from Banower or ia Borrowars bena =-€
<br /> � QQ . .
<br />� ••-�� ew�us+lre ot�riarest or prindpaf,second to intsroat,and chzn to pdndpal.U partiai propayment of ths socurad dabt oceure for eny reason,it witl
<br />. not reduee or excuso anY achadvted palRnent vntil the sacurad Qabt is paid in fuii. z,-
<br /> --- y.p�ns A�inst Thi�.Bonovrer Hn'il paY a�t�8•��mar�4e,end othar ch:sg��ht�m t►ta g�apa�tY when due and wftl defand tltte __�.�._
<br /> Qatsn�v�eh Barrowe�V��A�nn partiea uvh°�DDty iabo oa msterial�s So im�f ov or maln afn Ute p opeityass�gn any tiflht0,ciaima or
<br />• 9,truuranc�, Hanower wiU keep ffis RioDerty insuead urtdar term5 acceptsbte to Lendsir at Bonowet's oxpense and tor Len6er's Oenefit.Atl -
<br /> insurance poiictes sh�li inctude a a�ndard mort�aga elause tn favot of Lender.Lende►v�ill be nam�ed ea loss Dayee ot aa the tasured an any aueh
<br /> m to tha 6e�ed dabt�If l�en d�aqu(r4s8mor gage Inpsuar�enee,BoROwer agroos ta mattrtatn sueh insutanca tar aa lare es Lenderarsaqu�lres����
<br /> �s : :. :
<br /> • "'� Q.prc�.Bar�avrsr elEil&eeQ the ProPonY in good canditlar�artd make al!topaire raasonaDly r.ecesa^�rY. ; :;
<br /> � o f tr u s�t r°�i n e n Y a bit g8tion sec�utedvb y tliles dsed oi�trus�t88�Or�ro er w�1 p y tl�ieaa emartuMa t�oeLen6ef°�°��ov�aea�cove�m s o th[deed of � . �
<br /> �tlb't. ��T-�+r�.
<br /> 8.Priar S�a�ty kibns4t.Unteua Bortower first oDtains Lendsfe written con.:orrt.Borrowar will not rtw&o or permit eny ehai►Q?s to any prior ��~":�"=.
<br /> security irterasts.6arcovsfsr wiU psrfcrm ell of Bo�w a eo4figationo under any prTor martga8e,dsad of bvst ar other sacurtty agreemecrt. .,.;-_�
<br /> < inctudinp Bartowsfa covenarrcs w mako psyrtwr+te � ` -
<br /> � ;..: 7.ppj ot R�ts and profifa.Boaowar assigns to Lender th3 rertts and praftts of the property.Untass Borrowrer and Lo�der hava egteod = -
<br /> o t h e r w i e�LVrifin p,8orrower may coilect and retain tM re�es tona as Bottowar is not in defauit.if Borrov�ar detautts, lender, Lertder'a �
<br />" .. age�,ar s.��ut apAoir�4r`r�cs:ve►may take poases�ion end manage the Property an d co Q e c t t h 3 r e M S.M y r e r rt s Len�er collacis shall Ee �.:
<br /> app0ed firGt to the costs c�nranagfng the DropertY• in�uding court custs and attomaya'teea, commissions to rerrtal agerrts. dRd Wry OLIfEf ��Y=-
<br /> � to ertts on tivi sacured debt as provided in Covanacrt 1. G-y�"
<br />.•; .. necsssary relat¢d e�eecsas.Tt�9 remaining amourn of re^�v�71 then appty Pallm �€x r�
<br /> � '' g.u���r+,���s-PlupMd Udt O�v�ioAtrs�c�-�azower e�reas to comply with the pro�isians of any lease if this deed of trust is on �"`"`
<br /> a Ieeseha�3.�thls daed o1 trust is on a unit in a condcr.urdu.^+or e�.aaned unit development,8arcawer wiil peAarm etl of Bonowar's dutios s �:
<br /> -*.�F under tho as�enants,by-iawa,ar regulations o!tha eondo�srtnium cr�:�'rsd unit developmeni. �"'_'
<br /> , . 9.p�n}Lwyd�r tg 4ar[orm(pe Baro�r�r.if 6orrawer taiis��iarm anY of Bprrowe:'s duyes under thtc dsad o}trusL Lendtr may
<br /> perfom�L°v duiies ar cr,�Mem to Oe perEarmed.lri�fer may stgn Barrawer'a n�nre.�r PaY any amourrt if necesauy for perfarmanee.!f any �--
<br /> conr�r.�s�an the¢rc,�is����ude cor�r+i��'vig uie eon�atr�t�teUort���'iaussr may do whatever ia necessary to protect Lendr�r's
<br /> ,` :. se.ctBjEy si+staSt inttW�a�tY• . `�"�•-
<br />'t��� " Lendes�ri�R,:�e to paiform wiQ not preelude Lendet trom e:erciaing any of ita other rigt:�urtder the taw a►thia deed of trust -
<br /> Arry art;s�pald by Lsnde►to protnct Letaders sec�uity irtterest witl be seeured hy thls deed�Rtust.Suctf amoimts wiii be due on damand ���.,
<br /> � - . and wip Ceas interest from the date of the paymerrt umil pald ia full at the in4erest rate in effeet on the sowred dsbt �._---.__,
<br /> <� � 10.p�fa��d Atn(Natior►•If Borrower faiia to make anV Payme�'rt whan due or�reaka any eovenauyts unc4at Lhis dead ot wst Or any � _"
<br /> Qam9and iras�r.edl,ate pa�,ms�endt end may wke�p�ower of�sete an6 any ott er�remedi��„^armmattyted�by ePD�icabFe la�w.��m�sea¢ad Cebt and
<br /> �;_
<br /> � ' ��,gs�+�t�8yr Nodc�of Dsfsdt.tt is hereby requeated that copio�cf.L'ie notices of datauk an3 sate 6a sadt to oacfi person v�1ro ia o D�N �����
<br /> ' �' Aoreto,et�m address af eaeh auch poTSOn,as set tarth horein.
<br /> dio 7ru�e st�ail Rcat ctr..esd'm tl�e��of the�apistar of deeds o'f•�s�h eauQrty ��"'.
<br /> '"• 12.Poir�r of S�1e.tt tha tendsr imakes the power ot sate, __,
<br /> . wMrein the trwt D�GgmF ar some part or pareel tt►aroo4 i�siwated a esotiee of riFt�;:xa�alntrr�tRe information requlred Dy taw.The Ttuste�
<br /> shati afso maif eopioa a�rf.:ri notice o!defauit to tho Qarsawer.to each peraon vr[ec,i.�a party nereto,aod m othrer psraans as proscd6ed by
<br /> a p piicabte law.Not less:."�n an�month�fter t!�Tt�e racurQs the notice ef d�fauk,or two manths i4 1M 4sust property i
<br /> s not tn any.: . �.;
<br /> incarporated eity ar vfl(age and io used in farminp o�per�tir�ns carriad on by tho wscsr.the Truste o s h�i l gt v s p u b l i e n o t t c o of zete w the p ersans _�
<br /> end in tfie m8nner prescribe0 by-�yppiioe6ta law.Trustea,wfthout d�m.�and on Bonawer,shail so0 the property at yublic auctlon to the h'ghest _�
<br /> AidQac.1!requtrod by the Farm riomeetead Protectton Act,Tniat�cfsdb aNer the property tn two sepuato safea as required by aRpltcabls Isw. _
<br /> .. L�o�ds�ne m�p�utre�t�iase��p�ap�rty at a Y ea�te bY P���o��mmrt et tho tims and plftGe ot any pt9vious211 sChe4tiled 6aie. �:�._
<br /> Upon rocetpt of paymer�t of the prtcs 6td,Tiustea afia0 deitvet to ths purchaser Tnistee's deed comroy�ng the D�aC�Y•T�rocttials cortatned Gt
<br /> � Ttuatae'6 deed sh�il be prima fae(e svldienes of the Uuth ot tha stetemants eoM9tnad tlierein.Tntates ahaD appty ths proaeeQa of tfie sale in tht __
<br /> tollowtnm.order. !a) to ail expenses of tfia sale, including, 6ut nat limited to, �oaabte Tnistee's feea, reasonaEte attame►/o fees a�! � .�:...
<br /> reinutetarm�c'i feec;ib)tu ail auma aacured bv this Eeod of trust,and(C�iho batance,if any,to the parsons legaity eMitled to cecetva it. —��--�-
<br /> .•,�.s .'
<br /> t3,�.At Lende�'s optlon,thls daed of Ouat may be tore�um�ed in tt.s manner provide by aD��icable law for foractosure ot mortnaQes �c`:x
<br /> ', an rat.�(ar�ari�':t•
<br /> � ' . tq,{�u�t I,ortduf ir�;q errtu the D�openSl to inopact it(f leader givas Bortovres�8ee beforohand.The naUce must atate tha reacona�:.e _��
<br /> c�d�rtD'fr�_�huPlders ir.sts�.7sr.n.
<br /> tG.(�arn(lmts�.Bor►awer ass}gns w ler►der the,¢sc�eds of eny award or ctaim fa�lamag8n ccnaected wltA�condemnnlon a other taking �`
<br /> � ' of iit crt rtr R q part of ttn propertl►•such proceedo wnil Ba applied aa pravlded in Cavenant 1.TfUa ns��mert ta subject t�tho terms of any prlor
<br /> �,
<br /> ' � ceaui�ya�raemen�
<br /> �=
<br /> •: s� any r�u�pon B�ort�owaraYdifaufL Len�dc�r d ea no�L�a�i�rt to t�ateacorwlder tnoDehu�e i i�EAhuuti�i ie h��na ay�.�not exeraisiny
<br /> � 77.Ja!Tft:�d SwKai WE�itY.Casiyn�rs►% S+�e�ntara�rb��BaatQ.Atl cRu.'�s unQer this ds�d ot trust an]oint artd s�vx�t.Aay �.
<br /> - � Borrmy{��who castq�w this deed of tr�Jcc Eut daea not ca�slDn the undartying dobt Instrumentfs)da�a so nnly w grar+t snd comey thst
<br /> ' go��r intenK(n ths proputy to the Trustes urber�hs terms oF�hi�deea of Vus�M adtlitlon,such a Borrower a�ees tftat the Lender�nd _
<br /> � a►ry tdimr�rowcr�enQer triis deed of trust maV extend,m.adi ar asaica any othar chu�gta In tha tnrma o9 thia doed vf trust ar ths secured ��:
<br /> dobt wi�tiaut tt►at BorrowaPs�nserrt and without reteasing that �er trom tl�s tertni of thia deed af trust. �
<br /> ' Ths dutie�and Mn�frts of thts decid o!trust ehall bTnd and Aenefit the succeasora arr�assipna of Lender and 6artower. ' 'Y�T,
<br /> � tif.fiatk�.Urdaca oiharwlse repuked by liw.any rwUcs to Bortovrer ctw0 be yhruc CY;detiverinp k or Ey,maittnp k by certlfied meil addreaaed t�
<br /> . 6a�rnwo�at ths p► addwa or anv other addnc�that Bonov+rec h�a Alven s�CznQsr.Borrower wd!glvo ury mUa to lsnQar by cartlfiad
<br /> � mrat tri 6r�ndeY��on paps 1 Ci iisi�daad ot truit.or to ury czt�+sddrosa v�.ich lender h��Qeaipneted.Arry other mttco to tendor ahaU -
<br /> ' Hd aartns Londe/s address aa etated aa paga 1 0!Wa deed o!uus,� �';"
<br /> 1'.�c.y:,^.`iq sha0 6�doamod b Qavo Enen Qiwn to H�:avref or londor ulhA»gi�snrt 6-r.�e manner stated a6ove. —�
<br /> .., :3.Tr�tns7w M@I�Pto�ty a�i�Aei+l tntuu�.ta SlL��ar�owK.tt ul or��ptr.�ot the WoDertlj ar any in;an2t In it i�rctd or tratuferra9 R.
<br /> vNEh�r,t Lend�t's ptor writun conse�. Land�r tnay Gemend immedi�t�paYr.7ur,rt z7 t1�a sacur�d aebt. Lendcc r.smy atso Qar.�,3nd imme�:.■.na -
<br /> pt�cr.mrt if ths Borrovrar la not a nat�ual person an0 a benefielet Interost tn tSra 4�ortower ia soid or trenstarrs�.hQowevor. R1ox:ar may rycrt �f.
<br /> . ;� : dH:artd�aymant in the aAove situstiona If it t3 prohi6lted by iodotal(r��ae of the Qate of thla deeA of trust. ��:
<br /> ' 2p,�vayane�.Whon tfie obllgatinn attcumd hy this 0eed o1 Lv�t:(iae bsen paiC and ler.der haa no turtt�er obfipaUon S�ma(u9 adva:�un �_
<br /> under ths InsUuments or apreemertts aecured Dy this daad of trus2,t'.;s Trustee shaff upon wrhten roqueatbv the lenda,remutrvey tTw�.r'r �__
<br /> . o�c�o eaUti e�sBonowai ah.��R pay�arry ee�ordaU�on�cortso�wara auccessor in intsrest the trust deed end the note or other eri�ance o1 t'�s
<br /> �.,:
<br /> � • 21. Suee�ssa Trusts�. LenQer, at Lendgr'e ootfon, may remova Trustee enA appoint e successar truatee by tirst, mailing a copy of the � _
<br /> eubstitirBon of uustee es�equlrsd bv apD�ieaCte iaw.end than,�fiUng tho substitution of trusteo for rocord in the oHlce o!tAo reglatet of deed�
<br /> 01 oltch county(n wfuich the Uwt property,or oome part tAotea,is situated.The successar trusteo,v�ithout eonveyanco o!tha propeRy.st�ail �a,
<br /> • ' sueeeed to ati the power,dut3as,authortty and titto af tho Truateo nnmCd in the Aeed of trust and of arry suceossar trustoe. • !�'
<br />. ��=-
<br /> ���-
<br /> . , • ��'.'
<br /> . �±z�-_'
<br />' : lpsge 2 0l?! r
<br /> BAltXEAS SYS7EM9.R:C.,ST.ttOUD.61H 8G301 It-EOQ397�4411�Rld 000.RiT618 8//9/91 � "s
<br />.. , -------- �—
<br /> -a�tic,.
<br /> .
<br /> . ,ti;�
<br /> .. �.. -' . . - . . . � . . ., -
<br /> �. . _ _ . . ' . �•' a• - .. .. -' , '.t,' ' ' . �a��
<br /> . , . + �. . • . .. .. . . ., . . . �. . .. . - � ,' . , , v . `.t.,.� . .., � '' �
<br />
|