|
_ .�.-� _� --. --
<br /> �� :,ti.;,��.
<br /> ..�.. ...o�.::z..�sa..a-a.��<-�.z_:� �.w:a:�:x_
<br /> ��s
<br /> ` ✓1Ri���.. _ ,.+a��a��m����� - - -- - -- -- - _--__— --`_�
<br />. I
<br /> � COVFNAMTf �6.. ����/��
<br /> 1, tiyn+�+a, Bo+rowar aprasc co m�k� �t7 paV�++lnn on th� ��cur�d d�bt wMn d�ro. Unt�s• 6curawu �nd lu�d�r ayr�e ott�wta�, �nY
<br /> payr,Nn1� 4�r�acalv�hom BorrowK or lor Barowsr'a E�Mfit w�N b� applwd IKSt to �ny �nxwnts Borroww awac o�tM cacurad dsEt
<br /> �xcNutw ot IntM��t or pinctpa�,sacon�l to k+tM��t, anA tlwn to princ�pal.tt parda!pr�payrtunt ofi tl+�sscurad d�Dt occwa tur I�ny nsaan,R u;iq
<br /> not ndue�u�xcuN�nY sot�+l�d WY�twnt untl'tM wcur�d de4t Is paW In full.
<br /> 2.CI+Y�w A�t Thl�.BoriowK�uvpl,Bsy�JI t�cci. suusrtNnt�,�nd otMr chupu�ttriDut�bt�to tt»�rop�;ty wlun du��nd wfll c1�i�nd t�tl�
<br /> to S?N pt0�rrye�llnst.snY c�a�mF'wt�Gh wa.4d Impak th�lian ot thl�dNd of trust.l�ndw may nqu�r�8orrow�r to uslpn�ny rlyhU,clalms a
<br /> d�f�nus whloh Wirnw��wV Asw api�at Pa+'tiu wfw s►WAN�o►m+t�r44 to Improw or matnt�In tM proputy.
<br /> j �.i�u�ne�. Borroiwr wiH kMp tTw propwiY �w���tsrrM act�ptaDk ta Lsnd�r at BorrowK's�xpsn���nd 1a L�+xNr'�bwwl�l. A11
<br /> � insur�nca poNctas sAsli i+utuda�standud matpsp�clw��Fn favor ol LarM�r.U�xNr w�l b�n�m�d�s bu payw or u the ins�•r�d on sny�uch
<br /> Inaunnc�policy.Airy in�ur�nc�procs�da may W�p plt�d,vvithln L�rW�r'�disa�tion,to�ithu tM rnto+�tlon or np�k of tM d�map�d propKtV
<br /> � cu to tlw sa:ursd dWt.If LW►Ga�ray��iraa mort�7sp�3.-icurs+�,:a�Barrnwe:a;�sea to malnt_in sucA Mtixu�c�fa as Iw�p a�Lend�r nquk��.
<br /> : � 4.Propsrty.Borrowu wiU kuD t�P��Y In pood eonditbn and mak�W��p�ks nswnabiY n�cassuY•
<br /> 5.Exp�nsy.Bo+row�r�yrws to pay�11 L�nd�c'�ncpmsu.I++ctudtnp nasonabU �ttorr�y�'fNS.if Oorrow�r brs�k�any covsn�nts in thl�de�d
<br /> of trust a�n any obUa�tion s�cur�d by thli dwd of vwt.fsarowu w�l pay tMc�mw�u►u to lsnda u provided In Covsnant 9 of ttd�dMCi of
<br /> Lfust.
<br /> 6.Prior S�cw�ity k►tar�st�.Unl��a Botrowar fkat obt�lru L�ndar'a writt�n coru�nt,Barrowar will not make or �wmlt �ny chanpea ta sny prbr
<br /> sacuriry �nt�rnu. Borrow�r will�rform NI of OorrowW'c obliqatiom und�r�ny prior matpap�, deed of truct or othW a�curity apram��t,
<br />- inciudinp Borrow�r'�cov�nanU to mak�psV�+►U wh�n dw.
<br />- 7.As�Io�w►w+►Z of Rwua rsd RoRt�.Borroww�sttyru to L�ndu tM nnt�and prctits of the p�opsrty.Unkca Borrow�r and I.��r h�va WreM
<br />- othWw� in writtnp B.irrow�r may colluat�nd ntatn tM re�ts -- ;�np ss 8or►ow�+io not I� d�tault. If Borrowar dafaults, Und�r, l�nd�+'o
<br /> �y�nt,w a caut�ppoint�d nalwr muV taks possuelon and manapo th� property and collect the ronts. Any nnts Lendar catkcta aMll M
<br /> ni�1c�ssary rWt�dixcp�i tncu f TIM��in ninrp�amoun�t o1 ont�wJ!tlwn apA�V to piy�m�inu on tt i iiciuedmdibtis�on��sp�t��xi�any oth�r
<br />-� . mp�
<br />� i�N��ho1�d.It thla�t�iut���a ��l�a i�ptr�srx�►id uis�'+t d�wbtprtinLa6orrow�will�pyi�Nfaurm a l�of Bo�owi s duti�s
<br />,^�j undW th�cov�nanU.by-4wc,or r�pulatloM ot th�condomkilu+n or plaruwd uNt dwab�nt.
<br /> =! 8.Autl�o�ity of LMW�r co PKform for iancwv.If Borrow�r fails to pwfam u►y of Bortow�t's duti�s under thU dNd of truct. Lendw m�y
<br />:sJ pWform ti►�duiNC w cau:�th:m to C:aerfosmed. L!nsier may�'r,n 9o►rov+rer's nam�a pay any�mount if rncusary tor p�rfornuno�.If any
<br />- conctruction ort ttwp�op�rty is d'ucontinwd or not carri�d on In�nuonabi�m��.L�ndw msy do whaUvu is n�csuuy to prot�ct Lsndar's
<br />:� s�cWity int�nst in tM Props�tY.Yhs maV wxM�����0 tFw CanVUCtlon.
<br /> a! I.�ndw'o fyikr�to p�tform wiU�ot pne�d�L�rxiu from warclsinp anY of its ottrr dphu w�dw th�Isw a this dNd of Vust.
<br />� Any amoix►ts pald Cy L�ndor to prot�ct Under'a sa..^t�ity intenst will tia s�cur�d by thls dwd of truct.Such smounU will b�rlw on d�msnd
<br /> �nd will b�u ir►i�ts�t hom th�dat�of tM p�Y►TMM�Paid in fu11�t th�intW�tt nt�(n�ff�ct on th�a�ctu�d d�bt.
<br />� 1p, p�fwk�nd Ace��tlo�. If Elorrow�r taita to mak� a�y paymsnt wMn dw or bnaki any cov�nant� unda thk dNd of trust a sny
<br /> � �and imm�diKi p,tYm�int�r!om�y i�nvok�M poww of iN�uW�n�y o�tM►nm�di��p�rrttitUd bYbtat��{,w rtY of th�a�c�x�d d�Dt sod
<br /> -� hu�o.�it�tM�aw of f�CA s�uCA��ao��is rsiifat���ki.��of th�roticu of defwlt u►d ssb b�snni to each p�rson who is�party
<br /> � 12.PowrK of SaM.If tM L�r�r invok�s tM poxr�r of saN,th�Tructae shaU Crst r�cad in tt�offiu of th�rsplct�r of dNdc of�ach cuunty
<br /> wAer�irt tM mut prop�rty or sortk wrt a ps►u1 thereof is�itwt�d a notice of d�iwk contalninp the informstlon rpukad by Mw.TTw TnutM
<br /> _� shall also mail copks of th� noY�of detautt to the Barow�r,to sneh p�rson who Is s p�rty hK�to, �nd to othK p�rswu u siaiMd by
<br /> applicsbN law. Not Iss�than orw rtwnth att��th� Trost�e rocords th� notia of d�fault.or two months if tM truct prop�rtv� not In any
<br /> incorporat�d city or viUap�sr�d is us�d in hrm:�p opratio�s csrri�d on by tM uustor,tlw Truct�shsll yiw puDlic notic�of ssi�to the pwcons
<br /> - snd M tM marx�pnsa�b�d by��pppiicsbb lyw•TruttN, wfthout d�m�nd on Burowu,shW sW th�propKty at pubUe wction to tiN MpM�t
<br /> bicfder.If nquirW by tM Fs►m Homutwd P►ot�ction Act, TrustN sh�ll offw tt►�propwty in two s�puat�ssMs�s rpuked by sppllcabN law.
<br /> TrustM rtuY Do+t�or�s:l�of�11 or any puc�l of tfie properry bV pi6tic aruwunc�nt at tM tim�and plao�of anY p��viauly sclwdul�d saw.
<br /> = LYfQM Ot Ri WipnM nsiy ptrCifas�tn�propwiY R�+Y saw.
<br /> - Upon ncelAt o�f payme nt of the prics�id,Trusts�sh�Il daliwr to tM purchss�r Trwte�'a dasd conveyk+g th�prop�rty.Th�racidul�cont�d in
<br /> Tructss's dsed sha11 W prima tack�vidi�nc�of th�Vuth of th�st�tam�nts contain�d MxNn.Tcustee shall sppry the prxMda of tt»sah In tt►�
<br /> foilowinp ord�r: (�l ta W �xp�ns�o of ths ssN, includiny, Dut not limit�d to, nuonsbN Trust�e's fe��, nuonaW� �ttorrNy's t�w and
<br /> - nkxUt�nt fws:(b)to all sums s�cund by ttw d�W of uwt.and(c)th�bysr�c�.if any.to ttw parso+u bpa11Y Mt+tMd to r�uiw it.
<br /> 13.Fatido«x�.At L�rulw's opUon,thls de�d o1 uuct may bs forocbssd in th� mww provid�by spplicabl�taw for for�ctour�of mortpapw
<br /> on nal prop�►ty.
<br /> 74.Nrp�e�.L�rb�r may�nt�r tt»prePxtY to intp�ct it if L�nda piws Borraww�otiw bston!►snd.TIw�otia must staa tM rsa�onabl�
<br /> caua for!��d�r's irup�ction.
<br /> 16.Condwm�Ua+.BorrowK i�nc to L�nG►th�orocNda oi any awxd or clsim ta damag�s corxwct�d with a cond�mnstion or otMr takl�y
<br /> - or all«any pxt ot th�aopsrtY. uch procNd�will bs appli�d as provid�d in Cownant 1.7F�is sssipnm�ot ic cutq�.K w tM twrtu ot anY P�
<br /> � s�qcrity aptNa�Mtq.
<br /> 16.W�.By�xeciak�p any rem�dy ava�it�bt�to Unda, Undar do�s not piv�up sny riphta to latar ua�anY oth�r ror.tiedy.BY not�xecisGip
<br /> any nrtwdy upon Bonoww's d�iault.Urd�r dou not walw�ny rlpht to lata coruf0u th��wni s d�tsult if it napp�ne aqain.
<br /> 17. Joint�nd S�wrd WbiitY; _�-�+«�: Su�e�s�on �nd Aai� �aund.All dutiu und�r thls dssd o! truet an I�t and avK�l. Any
<br /> BortowK who casipns thls d�sd of uuct but dou not co-siyn ths u�dKMin�d�bt i�swm�Mts) dces ao oNy to pnnt snd conwy ihat
<br /> BorrowK'�intwest in tM propKty to tM TrustN und�r the t�rma of thls d�eQ oftnut.In sdditan wch s Borrow�r spnoi that tM U�d�r a�d
<br />-: any oth�r Bonow�r und�r thi:dNd oi trust may�xand, modifv a mako any otMr ch��s i�t�terms of tt�Cwd ot uust o�th�s�ax�d
<br />:-_ d�bt without that BortawK's conwnt and without►�Nasinp thst Eorro�w�r hom ttM wrtiu o!this dMd ot trus�
<br />-� Th�duti�s snd b�rwfita of tl+i�dwd of uust shsu bind and b�fit th�suecsuora u+d asslpn�of Ur�r and BorronrK.
<br /> 1 /�.Node�.UnMs�otMrwis�rsquind by law,snY notic�to Barowor shall b�pivai by deNvxiny it a by msNirp it Dy urtifi�d msil addruNd to
<br />-1 Borrowu at tM pro addr�ss or any ott�x sddrus that Burotiw�r hu pi�wn to Unda.Borrow�►w�ll yiw sny notia to lwxi�r by artifi�d
<br /> - msil to Undw's �es on pap�1 of thu dNd of trust,w to any otMr�dd�lcs wtact�I.�rW�r has dsslpnat�d.Any otb�r notiu w l.�ndr shaM
<br />. - b�a�nt to L�cid�r'�addnu as stst�d on Pap�1 ot tl�is dwd of Vwt.
<br /> My notk�sh�M b�d�nwd to haw bwn piwn to Borroww a LsndW wMn yivsn In th�matw�stat�0 aDow.
<br />— 1s.Tnnst�r of t!w Prop�rty a•i�►tlieiN N�t N tln Borrow�r.If NI«any psrt of tM prop�rty a any intw•st in it ia soid or trancf�rtsd
<br />— vr�t1►o�t i�r�r'a prior writt�n co+�r►t. I-�nder may d�ma.'tid imm�diate psyment of tM ae�x�d d�bt. L�nd�r may ako dar►and irnm�diat�
<br />— p�yment 1f L'ie Bcarorwx ic rroi a natwa!porson and a beneficiel iMerest in tho Borrower is neld or transfMted. How�v�r, LesMer m„! not
<br /> - = tiw�wnG pay���ic�:»�i:a:bava cit�an:it it i�F+o�d by tedsrs!law u of d�dau of tfiis deed of wat.
<br />= 20.R�eoewy�. WMn the obfigation sacured by this dwd of trust has bMn pa1d.�nd L.�nder has no furth�r oblipation to make advancts
<br />- - und�r tM inevumants a ayreert+�rrts tecurb by tt�fe dsed of trust, tM Trwt�e ths8,upon written rpwst by ths Und�r, raconvsy th�trusi
<br /> aoblpa�yUOn so satlsf�'rdsBorrow�t sha 1 pay a�nY WicNOidation cocu.�'s succsssa in int�r�sL th�truct d�sd�nd th�not�a othw wid�r�of tfw
<br /> � 21. Sucussa Trustw. Lender, at Lendw's option, msy nmove Trurtse u�d�•ppoint a cucc�csor tructe� by first, maitinp a copy of the
<br /> *; subctitution of Vucte�sa rsquirsd by appflcabl�I�w,ond tl»�,by tili�p th�subatitutlon of mute�for rocad in tM offics of the rsgistW ot d«ds
<br />' � of�ach eounty in which ths trust propWty,or some Part tMrsof,is s�tuat�d.The euccessor uuttea,without convsyance of th�properry, shail
<br />._�; succMd to aU ths poww,duti�s,author�ty and titl�of tM Trustw rwrwd in th�dMd of truct�nd of any succaswr vust�s.
<br /> I
<br /> rv.a?a a�
<br /> wrc�c srsrws.r+c..sr.cwuo.►u�ss3o���-aoo-as�aasn wiw ocr-�rc+�a,��
<br /> 1
<br /> I
<br />
|