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.. ..�,�.��..-_. ... ._ --� __-_- <br /> �-- ----- W�----- --_ ��_�,:_- _ = -=-- <br /> - - -- - - � ---- T_ <br /> � covr�uwrs 9�_ 1U�'�i "g <br /> � <br /> ! 1. �ym�+�t�. Bwrowar sprN� to mak��!1 payrrnnti on tM c�cur�d d�bt wA+n dua. Unl�u Borrow�r uid iendar �{►rN otM+wK�, sriy <br /> j payrt►�nts Lu�d�r r�ca�wr fran Borruwu or lor B�r�pw�r'� Mn�1�t w�l��appi�wd Iw�t to�ny amau�to Borrowa ow�c o�t►�+ R�cw�d d�Et <br /> a �rciwtw,al i�tor�u or prineipal,eaw�xf to i�tw�at,s+W th��ro p�incip�l.If parti�! pr�paYm�nt ot th�sacurtd d�bl ocaui tw any rauab it wiY <br /> � �vi rwk�:�G:fik�:uw pnY w:iMi�iuwrJ Ysti��Nn2 wllii tAr w::wrc7 fii:si 4 111iJ Y�fu0. <br /> � 2.Cls4na Ap�k►�t TIW.Barro har wHl gay ail ta�:oo,a:cacc�wnts,uki o;twr ctwyaa attriDut�ca t1a�x opsrty wM� d�w arxl w:7:�t�rx1 GtM <br /> � io tha prot�xty s�a+nst x�;t cls:m:,whLch writAd I�tpii', tha{i�n of 4Ni tliitt of ttuii.Li+�ilat may raquira 8arraw�r tn�ssiti,n any rl�htc.clalms or <br /> d�fwwa�wt�ich 6arowK�hsw pairnt paetiM w1a wippty IaOor a mauriaM to In+prow a maint�tn 11»propKq�. <br /> i 9. k►uw�r►a. Borro�ar vy,�l kt�tlw prop�rty�rod ui�U+m�scupt�bi�to lo�cla► a1 Borroww'� �xp�rw�an� tcK l��d�r's b�fit. AI1 <br /> Mnursnc�poScf�a sh]I1{i�LAid9.��tu►dsrd moH Y cfauw i�f�vor o1 LuiWr.l�nd�r wiq D�ruim�d�s Ipsa paye�w es the Fmund on a�y such <br /> � i�www�co poi�Cy.A�y i�KUrrx�w a�c�paw r��wY M witNn ��aw'r aca�tiwi,to riiM�r tlw nitarat�w r�pa{�uf tiw c1u�►a�ad prop�riY <br /> a ta tM aacund dabc.It Undar r�q,trq mortpq��ir+c�,gorro�qrN�to rmatrusin such inax�nq fa w tonp as L�nd�r rp�wu. <br />_� �.Pro�wrty.Borrow�r wili kMP th�prop�rty in pood conditinn�nd mak��ii r�pain��kWy r�uary. <br /> t <br /> 6.Exp�nsM.BorrowK a;��n�s to pa Ni LNxl�+'��xp�ncw,inckiding ruconahl�attorn�ys'fw�. it Borrower bnak�any covM:ntF in thfa da�d <br /> �; ot truat or m any obli�ti;.,,t c�a+ndYby th4 dNd of uu�t.Barow�r wiY pay¢A��+nauntc w l�nda u provid�d in CovMant�of ihi�dNd of <br /> . � uust. <br /> � 0.Priot�eautity IntKwt�.Unbu Barrow�r fint oDtairn lsnd�r'a w:itton consant, Barow�r wA1 not mak�or psrmit a�y cha�qra to any prior <br /> s�curitN irrtn►ncts. Borrowu wAI pwfo►m�N of Barovwr's obli4atin�r►c ur�� any prior matpap�,d�W of trwt or ottw sacurity aprwm�n4 <br /> includinp 9arowu's cowMna to mak�piymwa w�n dw. <br /> '" 'r'i 7.Asa1p��N of R�aes�nd holks.8orro�w►sss�pns t�L��th+r�nts and profits af tM propWty.UnNss Borrowar and L�nd�r haw aprNd <br /> otMrwis�in writkp, Bo��owM m�y cWMct snd nt�i�tM �aett a�[onp si Borrowa Is not in d�fiutt. If Borrawe cl�iwki,L�ndw. Lendw'a <br /> p��t,or a caxt�ppoint�d rec�iwr m�y tak�pou�ssbn and m�nsp�tM propsrty and coll�ct tra r�nts. Any rentt Und�r colNcts shsN D� <br />-� applMd ikat to the�oets of mu�aptnp tM prop�rty, incA�dkw court cott�arul attorMys' fwa, commisstons to nntalap s�ta,snd any otMr <br /> . rncssury rNatW�xp�nsaa.TM��rt�7ninp smount of ra►ts w�l ttwf appFf to payrrwi►ta on tM s�curod dabt aa ptovidod in Cowrw�t 1. <br /> � Y.LwM+aiJr CandominM+�nr:WuwNd Ur�t Wvdapm�Na.BorrowK �eM to comp1y with ths provicbns of any leace i}tNc deod of truat ia on <br /> •I�asahoid.If thti de�d af truet it on a unft in a eo�dominium or��p,tr.rlwd unit d�wbpment. Borro,war wilt putum all of Borrowu's dutios <br /> '� �w►dar tM wva►sntc.Qy��.wr.w rwputations of ths condomirvwn or plxuwcl unit dzv+ku"�w�t. <br /> � 9.AulAwityr of LMx�M�Kfam far Oaroww. 11 Borrowa f�ita to pwforrn�ny cf Borrow�r's dutl�a ur�dw thit dNd of truit. L�nd�r may <br /> �. pwfcxm ti►►dutip or cau�ti�wn to G��orm�d.L��d�r m�y sJpn t�arpww'�nsrn�apa y any amo�w�t if n�cossaryr for pKfumsnc�.If a�y <br /> oo�sauction on tM pcop�rty i�disoa�tirw�c!a not car►IW on ln a��aaraL�M rtwwwr.L�r�dv may do whaUvw Ic Moeswy to pratact Lsnd�r's <br /> � ucwiYN k�t�rW in ttw proprty.Tt�msy fnck:d�cas�pl�tinp tM cwnsuuc+..ion. <br /> _� Lu�du'�faikr�m pKtorm wiY not pnckd�l�+M�r trom uwc4inp�ny of iu ottw rlphtt u�xLr th�law or thf�ciNd of t�uet. <br /> � and w+M��b�art�i t��stytrom�th�tdat�i ot��nt u�ntil�psid Yt�tu 1 �thai u��ata sLi'u�iiK�on tM�cacund d�rtwwrt.z wiL Ls��'.�s on d�tssatx! <br /> 10. D�(ault�nd Act�iitMla�. If Bottow�r fail� to msk� anY paym�nt w8M du� or br�sk��ny Cownt�t�und�r thlt d��d of tnut u sny <br />_g� �iwx!imm�diat�ayytm�nt��nd may�Invok�thi p wK�sat�i�nd u�otlw►�nt.��may acceMr�t�the maturity of ttw wax�d d�bt�d <br /> W Y PKmitt�d by tpplicsbM law. <br /> - 11.Rpu�st ia�No�ic�ot Whult.R fs he�by r�qu�st�d that oopl�s o1 tM notic�s of d�fault�nd uM b�s�nt to ach pusun who Is�party <br />�� hw�to.�t ttw addnss of�ach wCh p�rson,as ut toRh IMr�in. <br /> 12.�ow�r o!5+�.If tM lw�der i�vok�a t!�povwr of al�,th�Trusu�shall Hra!r�oord in tM offia ot tM rpbtu of da�of�aeh county <br /> wMnin the tru�t propKty a sont�pa�t a parcN tl+Keo}is sitwt�d�eat+a of d�tsvifi rontaWnp UUu informaUo+�rpukN by law.TM TruttM <br />:.3j shaN�kc mail copNs of th��oHw of drtEauR to th� Borrow�r,io�adi p�rson wtie is�party hNeNa, and to otha psr�onc u pnacrib�d hy <br /> applicapiR t,tw, Not i�s�tlw�on�nwn�tfi ak�r ttw TnictM ncord� t�e�!oticr of d�fault. or two ma�th� if tT»truat prop�rry is nat in any <br />�y incorpora'ad ciry or villap��nd is uad'w*.ixmNipop�►atlo�s curied ww Cy th�tructor.th�Truite�sha8 piw pu6tic noUG of saN t�r Nr pMSOrw <br /> —.� and In th�marv►�r a�ib�dpy�caDi+taw.TrustN.witiiout d�er+i�d on Borrow�r.sha11 s�A th�propwtY�t D�k wction to�f�ipMst <br />- = biQd�r.H nqutnd by tM Frm Hom�stsad Rot�ctan Act,TrwtN ctaY oHK tM yropwty in two a�p�►at�saMs sr nqulrW by applicsbN law. <br /> TrtutN may postpotN saN of aN or�nY P�tCN of Ur txop�rtY bY p�Diic aMO1x�Mnt at ttM ti�M�nd piac�o}�nY P���Y ac1��Md sal�. <br /> _ t,a+a.r o.ft.�.cipn..rtwy vuahau a+.poo«n►.t..►y sate. <br /> - Upon �xt of pa t of tlw pria Did�TnutN shati Odiwr to tM pccrdw�r TnutN'�dMd conwy'�tM property.TM r�citl�ts contakNd in <br /> = TnuSw'�e da�d�prima faeia�uldi�c�of tM truth of ttw atatu�+�ris co+►takrd tMr�n.Truetw�hau apply tM procw�is ot tM sai�in ttw <br /> = foYowina ordr: (al te aY uco�er�s of th� aab,iru�dino; but bt frnitsd te, na�en�6b Truatr'w Tw: r�aoen� miwnw�•�fw.. .�1 <br /> � _ �f...:(b1 m ar aiyna s.a,r.a hy tN.d..d ot t�ua,ai+a f c�eh.ba�ane•.M.ny.u a»prsons hya�y.naef.a a..e.iv:it. <br /> - 13.Foneto«r�.At L�rda�c'�aption,ttus dR�d of Vust may a fot�C�os�d in tM maruw provW�by�ppiicaW�I�w far fonc{osuc�o!morta� <br /> _ on na�prov.rcy. <br /> - 14. L�ndsr msy�r►t�►th�prowrty to insp�ct it it l�nd�r qlws Borroww noUc�bNor�h�nd.?h�notia nx�st stat�ttw rusor►�bN <br /> caus� L�ndir'a lnsp�ction. <br /> _ 16.CondMr�Mia�.Bonow�raasi�to Lwxfw tMp�oa�ds of�y�wxd a cl+im for eom�ct�d with a cond��ation or othe�takinp <br /> of sN or�ny part of tM ptopety.SucA p�ocwd�vwl�b�appli�d as providW ln Cownaiud l�s ssaipnrtnnt ia wbJ�ct to th�wms of any prlo� <br /> _ Mnxity sprNm�nt. <br /> 16.W�iwr.By�xerclsirp x�y� svailabN to L�r�cb�e.L.�nd�r do�s rat piw up any�iW�u to laNr us��ny otha r�m�dy. By not�xorc3tinp <br /> �►Y am�dY upon Borcow�+'t d�fwk, das not waiw�ny ript:t�u lat�r c:ons�th��wM a d�fautt if it n�ppw�s apiln. <br /> - 17. .IoiiK�nd�wrYUa!ity; Co�ptrn: SucCMSOn rtd As�iqt� IotmQ. AU duHat wbK thi�C�sd of trust�r� Jok�t and wrrKal. My <br /> BoROw�r who co-siyrw Wt dMd of mut but das not co-tlyn th�w�dM� d�Lt k.stnxn�nt�l dosr w onty to yrant and camny tt�st <br /> 8orto�'a tnt�ntt irt the�rop�rty to th�TrustN undK tM t�wms of th4 o trust.tn aaiition.wch a 8orrowu�pr�a that tM Lw�du and <br /> arty otMr BonowK unQ�fils dwd of trwt may extMd,modifv a rnsk� any ath�r�in tt+�tKnu of tNs dwd of uust a tM a�ar�d <br /> _-- dWt rvi�out thst Bortnw�o'�oons�ru and without r�a�kip tt�t�artawr fran th�weu o tht�d«d o!itust <br /> TAe Guties and b�nsHts of thls dMd oi tru�t shal!bind and b�rwf'K tlr sucastan snd attlprn of L��d�r and Bortovwr. <br /> � 1 t.No1k+�.UN�s�od�wia rpuk�d b7I 4w,any ratla to BaTOw�r sh�Y b plwn by d�Gwrinp it a by m�ilinp R by cartiHW miil sdQr�swd to <br /> � BorrowK at tfwprop��y sdOnts aar�!ctMr sddnss tl►at Barow�r hu y'iwn to L�nO�r. Barovwr w81 p�w�ny ratic�te Lsndw by c�rtifi�d <br />-- maii to L�rwl�r's addr�ss on pap�1 of:i�is dNd o!trust,or to�ny oth�r�ddr�ss which I.�ndw has dalpnsUd.My oihar notia t�L�nd�r shaN <br /> _-� b�s�nt to l�rdr'�addr�sa as ststW on pq�1 of this dwd o!trutt. <br /> - Any notk��hW b dw�rNd to h�w bwn plwn to Bxccw�w l�nd�r wtrn 9iwn in th�manw stwd abaw <br />= 19.Tr��of tM Pirap�rty a��«�fieid M�MrMe i'ir th�Sortowr. (f�L a any psrt of th�rxop�ccy oc any irttK�n in k is sold or uanefwnd <br /> _� wiltwut d�r�r's prior writt�n corx�nE. l�rW�r m�y d�nand'wrem�rioe pfymMt of th� s�axad d�t t� m�y alw d�m�nd krnn�dists <br /> 9.�' ��t�n ttr�bow aitwtb�n A a'�ia aohibii�d���a���da�of tt�i'u d�wd�of tnnshrnd.FiovwvK. L�ndM pf�y not <br />_�. 20.RKOnwyane�.Wiwn tM oblip�tion secursd by tha ds�d of miat h�s Ds�n paiC,�nd Undsr hu no furtha oblipatbn to mak��dvane�� <br />---_� urbK tM iruVum�nts ora�rhrtNnta secur�d by tl�1s dNd of uust s!»TrusSN st►ak,rs�on writtsn rpw�t by th�L�ndw, r�anwy th�trust <br /> -=-� prop�rty.Tha lortidar�-ai3 daiivar ta tAe Borrowar,or to Borrow�r'o sw.r�stor in ic►L�r�st.ti»Vust dMd and th�rwt�or otitir�vid�r�d the <br /> - .= obkpaUon so satlstNd.Borrow�r sh�U psy my ncordarion cosU. <br />—.� 21. 5uec«�ar Tn��. L�ndw, at I.�rxl�r'sop tion, rtuy rsmove t'rc:st�e and�ppoint a wccessor truste� by fxst, maiGnp s copy af tM <br /> substitution of tnutw ss nqu'wd by sppNeabN Isw,arx!tMn,by filw�th�substieutian of tru¢tN fp ucord in th�offle�of tM rpiet�r of d�Wt <br /> _' of saeh county in whieh tt�Vuat propsrty,or sorrw part th�rsof, k srtwt�d.TM s+�casso►trusts�,without cor,veyranc�of tM prop�ty,shall <br /> � tuoc�td to all tlt�povar,dtA3�+,authwity�nd tit4�of�TrusTN mn�d in th�d»d cf Lrust and of�ny•,��^•�•^•t4stw. <br /> ��11 <br />,�:,:::� . <br /> � � <br /> :.� . <br /> ..-t,, <br /> - fp+y�?of?1 <br />- �A1MfdtS iYLTEMS,�MC..ST.CLOYp.MM it10111J00-Sp7•23�t1 FOqA OCRMTCs�t illlWl <br />