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<br />`I COVtSl�l!lIT6 �, � �����/� _-
<br /> �� t. yy�tnnt�. NarowN +p�wr so m�k� �l7 pay��an2G on tM �eccr�d ciedt wMn c1w. Uota�c Borrow�r and L�nd�r Wrw ��t+firw"��, �nY
<br /> '� p�Yrr�nt�ls�d�r r�c�iv��Irom Barowar w f.x Baraw�r'G DYM1�t wll bs+�pp1Nd f�o4 to �ny amou�ta kiorraw�r ow�s u�ttw wcurwl d�bt =
<br /> �; �xctualw of in�w�at or p►inctpal, t�cond to i�tWnt.��►d tMn to p�tnCipal.i�putiai a�paY�+►t of tM s�W�d G6t Octurs for�ny t��ao��, it wi{i
<br /> j not nduc�a�xcuw�nY sc1��Nd WVm�nt unt�f ttN s�curod d�4t�ptld in tull. _
<br />` I �.G�Apal�t TIW.Barowar will.paY�11 t�x��,�sas�m�nu,and othW ciiartiw�ii�fix+�:Aa:o t w �j.:7ir:•:Mn��rnn w�u d.f.nd ti�ft
<br />' I to tM propKt �pairWt�ny tta�m�wrnch would imWir tha�tan at thls L'a�d ot eruat.Len�►may raquir��roww to sssipn s�Y riphu.cla(m�o� _
<br /> { dNu�aca�6arrowu�uY�w��t partNy w!w suQpty labo►or m�twtaU to Improw or nwntun ttu P�oA�►tV• �-
<br /> �,y��. gtxrow�+ wlll kNp tM proDKtY�W� u�r t�rma acc�pUb{�to l�ndar �t Borrowar'a��;pa+ua snd for L�nder's DM+���t.A!i
<br /> i ��yrs�c�poilCiu�t►aA inGk+CNt r�tuxlKd man �9e ctause in isva of L�r.Landx will W nam�d�s bs�p�yN cu��tha i�uur�d on�ny tuCh �
<br /> I o�i i tlr� a+rid AdWf�It UndMpiqulrw�+w�WW��anC�.Bol owW�aCtl�ss�t bmii��t�n a�tC kKUt tuir�tor s�rlot�a Li��rxlM��4u+ni��� `
<br /> � +.►�ropwty.Borroww will kwp ttA propsttY In pood eandition+u�d mak�+N npslra r�sso+uWY�+�V• f
<br />•' ( g,Ezp�u�. Borrow�r op�N�to pay all Lu�r'Q�up��ua.�Ck�d�ny rsatonabN attorMyc'�s�c,if Borrow�r b+�ako any cov�nanta in thls ds�c1 �
<br /> i
<br /> ot trust a fn anY obupatior►s�curW hy thl�d�i of uus!.Borrowa w"�!pay thess�mounts to U+�r as providad in Cov�nsm 9 of this dMd o `
<br /> uwt.
<br /> �-
<br /> 8,p�ior zac�•rity inutwp.U�Ies�Borrow��fK�t oDtsins l�nd�r'c writt�n cons�nt,Bwrowar wI11 not mak�or psrmit�ny chmp��to�ny prlor �
<br /> acw�tY Int�n�u. Borraw�r will pa�tam all ot Barowa'a oblipatio�a undK any prior mortpa0�, dNd of vwt o� othM s�cu��ty �ynement. !
<br /> includlnp Borroww's cownants to mak�p�ymMta wM�dw.
<br /> 7.AsWpnnNnt af R�and P�o�•Bo+�°v�+���t+�9^z to Lend�►tM rmta and profita ot ths propeny. Unl�as 6orrowor a�d londw haw aprNd �
<br /> otherw�s��n writw►p, Bo+row�� may coll�ct��d r�t�i�tM nnts�s FonA��Bo�roWa+is not in d�iwtt• �f BorrowW def�utt�,L�nd�t.L�ndw's &
<br /> ap�nt,or� cowt +�ppoi�t�d nc�iv�r may taka posuscb��nd rnanas�tT»prop�rty and collcct tha ��ntc. Any��nta Undu collscts sMll be
<br /> �ppliad fast to tM cocts of man�gi ttw proparry, includi�court costs and attan�ys t�as, commission�to nnt�i�p�sntc, a�d anY utlwr �
<br /> n�c�uarY n1aHd�xp�nc�a.TM r��p ama+nt of nnts w�71 than spply to paYrtNnta on tl►�s�cu►�d d�bt a�aovidad in Cownant 1. n
<br /> a ���q�.��n�;pt�nn�d Udt p�wiop�n�na.Borrow�r� r�ao to comply with tM provicioru ot any Nss�if thia de�d pf trust k o� -
<br /> ��nd�r��{vansnts by fawi o�r ipulst�'w�s ot tM�nda+w�o�P1�iru�d u+yt d�v���°a^�^t�t, Bw�owa wiU pe�totm all of Borrowu's dutlas -
<br /> 9.Autl+ority of Lw+de to P�rfam fa BorcowK• I} Borrowar isi►s to paform�ny of Borraw�r'c duti��w►d+r thls d�d of trust, Len�m�y
<br /> pwtam th�duWs a caus�tMm to b�p�rtorrt�. L�nd�r may s1y�Borrowa'n nart�a y any�mount If noc�sssry for Duforma�u. I}a�y
<br /> conat�w:tbn on tMp�op�ty is dlacontl�wd or not carri�d on in a rqsona0b mux�.���'�Y do Wh+tsv�k n�cassuY to prot�ct ta�dv's
<br /> s�cutity intwut it�tl�pruD�►tY.Thia may i�ckxl�complstinG tM consuuction. -
<br /> Laxl�►'s tsihx�to qrform will�ot pnd�UndW hom�xsrctsl�W��y of ita othu riyhto und�r the law a this dwd ot ttuat. _
<br /> �nd wd1'�b�artsint�i�ist tro th�tdati�o}�WY��N�P�t'�sn�fuu at�tM intiru�t�r U i�iff��ct on th�iiarid dibmounu wU!ba dw o�demand -
<br />- �p, p�hWt �nd Aac�atbn. I}Borrowsr fai�s to maks any paym�nt whan dus or bnako any cov�nants under tt�s dNd of tru�t o►anY
<br /> �d�mind kn�midia�t+r WYmi�t s��d�waY������sal�and�nY otM►r�im�dNS VKmrtuiud by�pI ciW�i uwwity of th�s�cur�d dsbt and _
<br /> - I��to.�a4 ttM add► o�ss f�isch�PK��u K�o�th hw�wn.��ot ttu�wtiws ot dsfault and saM b�sant to wch P�wn who is a party
<br /> 12, powK of Sat�.If th�L�ndsr invok�s tM povrK of ca{e,tfis T�sutae sh�L t5rst rocord in ttM offie�of ttw teyistw of dads ot�ach county
<br />� wh�nin th�trust propsrty a san�part or Dxcal tttis►eof is situat�d a notics of detwit cont�INn�th�intormatbn r�q�iK�d by taw.Th�Trwtw
<br /> shsll also mail copi�s of tM notic�oi dsfwtt to th� Borrow�r,to each pKSy+wfa Is a putY Mnto, �nd to oth�r p�rson4 asp��ib�d by
<br /> �� s not in��y
<br />� �pptiG�bN law. Not Nss thart on� month afte tM Trust«ncords ths notia of d�fautc. a two months if th�uust propKtY i
<br /> w�corpoatod cityr or villap�and is usb in fxminp op�ations earri�d on by tM uutta,tM Trustso thatl fliw publie notic�of t�N to tM pesons
<br /> - a�d in th�ma�u»r�rauib�dpy+�PDW1asbN law.TrustN,wittwctt Mmand on Bortovwr,st►�Y sNl tM P��t11 st P��wctlon to tM hipAsst
<br /> bkid�►.If r��d by th�Fsm�Hortwatud Rotsctio�Act.Trus:w rhsll oHsr the propsrtY�s+two s�P+�at�saNa as nquir�d by applicabN law.
<br /> T�triw�Tiit Vw`�V%•�••�"'�••�s�x M.....�.�r.t w1 N�w ertwfartv by Quh1iC iiY101Y1CNiMM1t ii tM tilP�iM p1�.Y Of atly pfWiOYiiY iChldUNd iiN.
<br /> �,a Lw�Gar or its du1Q�maY P�uchase th�Mo�i*tY it+�iy sat�.
<br /> � Upa�r t of paym�nt of the prlce bid,Truct«chall d�Iivar to the Dwchuer Trustes'c deed eonveyinp ths aopwty.Th�ncitiats contawwd io
<br />� Tnut�•�i�d shall bs p�ima facl��vidi�nu of th�truth of tM stateme�ts contstnsd tMni�.Trusts�shsll apply tfM p�ocs�ds of th�taN ln tha
<br />— rM�tx�t�t fws��lbl to W su�i�s��cund bY�thw dpd of�vusL snd(clu��ba{anc��f��n�y bt�o tt i�per�sons�p+�h►�n�U'tt�d�to��t.fMS and
<br />�7 13.ForKlow�.At LWxNr'a option.this d�sd of trust may b�fonclos�d in tl+�muuwr p�o�id�by spplicabN{sw ta foracbsun of nwrtpap�a
<br /> � on nsl propatv.
<br /> ='; 14.y��y� L�nQ��may�nir tM proP�rtY to i�spsct it if Lcnder piws 6o�row�r ratics beforehand.th�notico must uw tM r�ssonsbM
<br />,� cxu�for L��d�r's K�sp�ction.
<br /> �.i 16,CqW�m+�tion.Barovw�s�p ns to Le�tMp�ocNds of any award or dalm fa danw,',�,s corxwct�d with�condanen�tion or ath�r tak"Mp
<br /> � of all a�ny part of th�propsrty.Such proc�eds w�u b�aPP�'��P�o'�in Covsnant 1.Ths tsi�rmu�t i�subj�ct w ttr tKms of any prior
<br /> —a ac�ritY apr�+u.
<br /> � 16.Watwr.By�x�rclslnp any rem�dy ava�ilaWs to lenGr.Lsnd�r do�s not yiw up any riyhts to lat�r useany othsr nmedY. By not��cisin0
<br />� enY ror►adY uPon Borro�w�r's d�fautt.Und�r doss not wsiw any ripht to{st�r conad�r tA��wnt a d�fauit iE et�sppN►s apaie•
<br /> � 17.Joint and SwrN U�ty;Co-al�r,Sua�ssa� �nd AsMpns Ba�l. Ap Auti�a urW�► tn1. desd cf uust u�Joint ya7 4aw::l. Qr�y
<br /> Borrovwr who co-siyns tlws ub of trust Dut Qo�s not �n ths ��hrl�a d�bt instrum�nt(a) do�s so only to prant snd eaiwy tt�t
<br /> � Bortow�r's int�rast in tM prop�rty to tM Truste�undx tlw tarm�ys�of this �d oftnut.In sdditioo.wch a Bartcw�►�rses that th�L�ndK ard
<br /> dWt� 'wah�out��u 8o ro�w�►s co�t snd�t'v�nt w t�MiNs::i��t�onowir��cayi d�tariru oi�tdid �,this dqd of vust a th�s�cw�d
<br /> � TF�du6�s and b�nsfits ot this dMd of Vust shall bind and b�rwtit tM sueusson and assiqns of U�d�r and Baro�w�►.
<br />:� 7�.Node�.Un{�ss otharwise nquind Dy law,any notic�to Barow�r ehall be ptwn by d�liwriny it or by mailinp it by certifwd msil addnsc�d to
<br /> Barow�r at th�propwtY addrecc o►�ny,ctM►addnss that BortowK ha°Oiw�to I.�nd�s.Borro�nr wJl piw any noUc�to Lsnd�►by cKtifi�d
<br /> mail to L��'s bdr�s:on pap�1 of ttws dNd of vust,or to any oth�r addr�wtwch Lend�r haa d�tip�+t�d•AnY other notic�to Lendsr shall
<br />_� b�s�nt w Lw�'s addrus as ctat�d o�pape 7 of this dwd of trust.
<br /> My�otic�ihatl b�dwn»d to haw b�►piwn to Barowu a UndK wMn�pwn in th�mannK atat�d�bow.
<br /> �� 79.Trana4'�of t!M PrapatY a�B�Aeid M+bnst N f1N EartowM.If sll or any psrt of th�Pr��ty or�y 1ntK�st in it W sold or uanct�rc�d
<br /> wit�o�Lend�'s p�ia w�itt�n co+�t L�r�maY d�msr�d imrtwdiat� P�Y�nt of tM acurid dobt Land�r may�tsa dama�d immWiat�
<br /> .•:_ pn•�nt +f tM fbnewK i� not s natsr�l P�rson snd � D�flctal iMerest in tho BorrowW is soSd a Vancfarrad. Hounvs�, Le+� may tat
<br /> "'' dunsnd psYrt�nt in tM�bov�tiivatio�c if it ic prohibii�d by t�d�ra�Isw ss of tiw daa of t�G�d�t uuct.
<br /> '� 2p,q�eomr�y�ne�.WMn the obliqation secured by thls EeeC of trust hu been pald,snd Lsnd�r hu no furtha oDw�aSOn to make odvanca
<br /> undK th�incuum�nts ors���nts secursd 4y th�c d�ed of uust,the Tnist�s sltiall,upon writtsn rsquest by th�Lsnd�r,nconwy tM tnut
<br /> propNty.The L�r�r sh�ll dstiver to ths Borroww, or to Borrowa'a wccts:or in int��sL tM uust dM6 and the^ote o�othar evid�na of th�
<br /> oWqstion w satisfi�d.Batowv shW pay any��cordatio�costs.
<br /> ; 21, Suee�s�a TrwtM. Lsrrcf�r, at LenMr'e optwn, may rsmove Trusts� and sppoint a succsssor Vuste� by 6rst, m+ilirq s copy of the
<br /> wbstitution ot trustM at rpuind Dy sppt'�caW�Nw,a�d th�n,by filiny ths�ubctitution of vucts�for ncord in tFw offiu of ths npista of d�edr
<br /> � of�sch county i�which tM truct propKiy,a some put tMraof, is ortustsd.The succ�ccor huste�,without conwysnce of th�propwtY.shNf
<br /> succwd to dt th�puyvM,dutiu,authority and titfs of the Trustes nam�d in tM dssd of trust a�d of any aucceseor mu�tN.
<br /> fp�p�2 0!Il
<br />' tMIKHK SYSTEYS.INC.,S'i.CLOt1.7.MM 6i30t I1 J00-397•23411 FOMI OC�•MTCrME�I1 fM
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