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<br /> . o3Qo��1996 DE�D QF 7'RIJS� � P�3 �`'
<br /> � ' l,oen No 589839 �co�,ti��ea� �� �,0�.��1�u__
<br /> -- �_�---�•--- .__._—— ------_—_ __�.---___. _. —.���
<br /> � Ev{d�nc�o}PryrAOnt. Trust�r ahsll�pon damand tumish to Londar enl;3factory svl�anea o1 payn�nl of Ih�t�rcca or�cc;_�n_n:o anci ch2il '
<br /> � --� authorize I��e apPropdato povarnmsN�l ofrklat to dullver to Londer Qt any Uma a wr{ttpn otat�ment of tho tn�c�ia end oasrssmenta�yYnlnsllM I
<br /> PrOpMty.
<br /> ' Notta o!ConNrUCtlon. Trusta ehall notiry LenMr nt�xai nrt�en(i63 dayr u.4N:��r�r�:�,ca�rr��3�-ny°"�'�''J='s��"turni�h�d,a�ny
<br /> rtwtKl�ls �ro eupplNtl to lhs PrApsrly, if tny m�cha�o'e Ikn,rr►at�rrNn,'e►Wn,w oth�r i1�n could ba essuted m�rccnunl at IM wort�,
<br /> � " � servkws,or matKlay. 7rustor wIN upon np:NSt of L�ndor turnhh to L�ndu�dvana asaur�nCas sitiat�ctory to L�nd�r Ih�t Trusta C�n tnd wiN
<br /> . .,. pay lhe cost o}euch Improvem9nts. �
<br /> ,;.,,�� PROPERTY DAMAQE IN8URANCH.TM lollowinp proNslora nlatlnp to Insurinp lM Property an R p�rt ot fhfs Ds�d of Yrurl. .
<br /> � MMntenlr�ce of Inwetl�ce. Trustor shaq procura�nd mnlnteln polCNn o}flro Insurtncs wlth stan0erd�xtend�d cownp��ndsxaorrNnit on• �
<br /> - '. # reptacement btsK(a the full InsurabN valuo coverh�q QII Improvam�nts on lM Real Propsrty In an amount sufflcbnt to woid oppNc�tion qf vny �f�
<br /> J �1
<br /> „�`�;�.. cNn3unnse cl�usa,and with�aLndud mort{�pM c�ause In hvor of L�ndK,togNMr wltb such othK hazud and IltbiNry losurar.a AS tnndW�
<br /> r rruAy reasonebty requlrs. PoIlclas sh�u bf+Wn�tten In tam,amounts,oover�floa and basb rersonabry acceRWbN to Lmrbr and lacu�d Oy� �,
<br /> camp�ny a comptnbs raasoi�abty acceAtabla to Lender. Trustor,upon rsqu�st of Lendsr,wlll del►vK to Lendar hom lirtN to Hrt�tM pNk�s
<br /> " t or cerHllcatos ol Insurana In form e��HSfa.tory b Lender,Inctud(np adpulaUOns that covenpes wui not bo cancolled a dlminlsl�d wilhouf al ��
<br /> Ieast len(10)d4yrs'prtor NMtten noNce to Landor. Each In;urar�ra pa':�/nLo shJl lr�luds an endorsement provldlnp that cowrAy�In I�vu of �
<br /> � • �+ ^ Lender will nat be Impatrad In nny way by�ny act,omission or detwit o}Trust�or any other orson. Should!Iw Re�l Proparly ai�ny llrrw _
<br /> � � become IocatMf In an aren deslpnatod bb ihe Director of iha Federol�meryency Ma►wi�finent�pency a5 a speclal Ilood hwrd araa,l'rustor
<br /> � �� a rees to obtsin and malntain Federe�Flc�ad In.tunnce to the extent such Imurance fs requlred by Lender and ls a beCOm�s�vtilabl�,far the
<br /> te9rm ot th�loan and for the Pull urtpal0 D�►�P�b��of th�latn,or tM mla0mum Qmit ot cnvse�,Q�fh�1 ls wWW{��whlcMv�h M�f.
<br /> ' • ��qpn o}p���, Trustor shaM prompthl ncHry dencf�r of any los�o�dRCn�O�to t�w Prope�ty. Lender may nuk�prool of lose If Tnnta
<br /> ' • taifa to do ao within IfHe9n(16)days ol tM ctswlly. WMIhM or no1 L�ndw's Wcurfry fs�mpafr�d�����may'����►�'��w�nd tNdn
<br /> � th�procwds of any tnsuranca and�ppty lh�Protwds to th�nducBon W th�Ind�bte�wss.paYm�nt of�ny Wn aM�cBng Ih�Propsrty,or 1tN
<br /> - rasSa�::n and r�wY af tlee Propery. If 6encle►Necb to aPPly ttw proca�ds W rostontlon and ropak,7rustor tMN npdr a r�l�o�th�
<br /> • . ., d4rru�od or d�etroYad Improvements In a mQOner satisfaciorY to Urtdor. UndK�haq,uPon satlst�ctory proot at such�xpw►Giu+�,p�Y ot --
<br /> r�imbursa Trustor hom lM proceeds tor tM raasonabN eool ot ropa.`r a�ataaUon if Trustor b net in dlhWt under this DMd ol Trust. My _.
<br /> " proce�ds which havo not baen disburaad wfthin tA0 ck�s m1Nr tMk reanipt and whlch Lendsr has�v�commfft�d fu tlw r�pak a rataation W
<br /> L lhe Propsrly shaN ba used Nrst to pay any amovnt owln�90 Le►ndK under lhi��09 Yru�t,then to p�y axrued Int�nst,and th�nmdnd�r,H
<br /> �`':~,, :�:`, 4ny,sh�N ba�ppfNd to ti�p�incipal b�nce o7 tha Indobtadneas. B lancNr hdds a�y�roceads atto►paymrnt tn tull 01 lhe IndebWdn�.ouch _
<br /> � proceeds ahaN b�peld to Trusta as Tntstor'e inlaests may appear.
<br /> r•;�+':•.��;��,,, • lk�e�red Inwr�na�t Sa1e.Any urraxpkod tnstxnnce shall Inure to the benetlt ot,and pass to,the purchtsor ef Rw Property covsrad by thl�
<br />- �• �` � '�• Da�ed ot 1YUS1�t any trustee'e sate a olhar s�ls held under tha previslans of ihls Deed ot Trust,or at any toredosure aW oi auch Propwty.
<br />��=��'""``�'�r�' ptpENpiTlliiES BY LENDER. If Trustor fails to compry wiih any proviston of t!►Is Deud of Trust,a M sny actlon or proaedinp k comrcw+xyd tPN�
<br />"�,`.:,�. .. ` woWd m�1Kip►Iy afhct Undors Interesta in the PropartY,Lender on Trustor'a behtlf may,but shAll nat be requked ta,telc�Rny actbn thtt L�ndar
<br />:����:�=r� • deema approprtate. Any amount thtt Lend�►expinds In so dolnp wfM bear Uter�st at tM rste provlded for In tFw Not�kom th�dd�incurt�d or p�ld
<br />;;.�d^"�.'< by Ler+d�r to tlw dtts Of rep�yment by Trustor. All euchw�e nses,at Lender's opUon,wltl (a)be paytbia on damand, (b�ba add�dl to Hw bdtna
<br /> ��,,,, -_ ot the Not�and bo sppatlonsd amonp and be payabN wilh any InstaNment p4ymants to hecome due duriny either (q the term of iny�ppMCtb1�
<br />`- Insumnc�poiioy or lx j iiw►emii�iii�yj io����L�t'i:":v�� (Ci t.'=�='�..°.��°�!!'�!hallnon oayment whlCh wW ba duY ind p�Y�bl�1tt tfis Nots'6 m111U�ity.
<br /> "`"'�=-'�J°` This peed of Trust olso wIH secure p4yrt►en!of tt�ese�mounts. The dGhts pro'dded for In thh pua9reph sh�N ba In�ddNion to any otMr Apnts a�nY
<br />- ..t•,
<br />:.�:=;�.XQ'r- � remed6�s to whlah Lr•ndar m+►Y bo ontltkd on aceount of tha defautt. Any such acti�n by I.endar shall not be constrwd as curinp ltw dMauN to a�io
<br />__�:__,�,�: r bar Und�r from any ro.�dy that It olhe�wise w0uid have hed.
<br /> _ <-- yyAppAttTy;pEFE}!SE OF TlTLE,Ttw lolicwirp provlslons refeUrp to ownwshfP of ti�o�roPettY sn a piut of thfs De�d of Trust.
<br /> —R��d�,� Tltk. Truttor w�nb tt�at: (o)Trustor hdds pood and mukefaba tltle of record t�th�Prop�riy 1n tee slmpls,hM�nd dMr of all t�rn tnd
<br />----- <-'�`-r: �ncumbranc�othlr ihan those set forth In th�Fiwl Propwry doscdP�on Or In any dtla Irnuranca PQOcY�tltb rpporl,or Ilrwt 11d�op►nion ksued In
<br /> -�--=�'�a�; tava of,tnd�ccepNd by,l.�nder in connecdon vrith lhb De�d of Tnast,and (bl Tnnta has ttw fuf►right,pow�r,and Qutlwdly to wce�.'uM and
<br /> -_.`.�.�� ���y pp��aTrustto L�nder.
<br />--����9 O�f1n�s of THIe. SubJ�ct to lh��xapHon In lM parapraph above,Truatar wamnFs and wiN forw�dM�nd 1fN tlll�to th�Prop�rty�Q�Inat IM
<br /> -.—� ky,�ul�ytms of ep perspna. In tha�wnt tny�clion or proc�sdnp b commanatf thal qwsHons Tnntor�tltw or Ih�{nNrott d Tru�tp or
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