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<br /> COVENANTO
<br /> �, Piy�AMRq. BOffpK�N �QtN� to m�k� �u pay�ntf on tM sacur�d d�bt wMn diN. Unl�s� Horrow�r �nd I.M�r �arN otMrwk�. •nY �
<br /> R•aym�nt�L�ndw rec�ivwi(ror�i i3arr�war or tor Borao��et'a tserhtrt wi0 6e aQ!+twid fw�t ta �ny emount� 9orrowrr owi� on th� ��cur�d d�ht - _�
<br /> �xcfualv�af InUrsat or principal, a�CO�d to int�r�st. �rxl tMn to pili1elp�t.If partla!pt�paYm�nt of th���cur�d d�bc occws for�ny r�awn.it w�l �.�
<br /> not��duc��u�xcuw an�rch�dulad patim�nt untll tM skirsd d�t 1�p+Id�n full.
<br /> 2.Cl�n�Ap�t TNk.BotrowK wiN pey�N t�xp, uc��smanU,�hd otM►chupN�ttribut�bN to tM proputY wh�n dw u�d will d+brb t�tla =
<br /> to tha�properry�paincc�ny ct�lma which would impaM tM li�n pf-tNs alMq of uwt.4s��r m�y nquk�sarow�t to�aslpn sriy rlQhts,cIalms or _
<br /> daf�naaa whlch 6orroww may Mw�p�lnst parti�wt�c wPp1Y.�qt matitiiti ta I+n�Gw cr mNntNn thw prop�rty. _.-
<br /> 9.in�x�ne�. Borrow�r wiit kwp ttw poWrtY iiuu:a�und�r tetma ecceptab{�tc+ I.u+d�+af Borrow�r'��xparuo u�d tor Lond�r's bo�»fit All -__
<br /> iruuranca policN�ahall In�lud�1�tt�ndsr�mortasp�slaut�in f�va of UrM�r.Unda►wiU Do nam�d at lot�payN or as tM Inqu�d an any tuch
<br /> � uy����p�{�;y,A�y i�xixwK,y proc+�pda ma•{W�d,wilhln L�t�t'�ditr»tion,to��thw tM ro�tOS+�tlon ot r�pau of th�d�m�p�prop�rty __
<br /> 1 ar co�s�wr�d d�i.tf Lsrxl�rWuu��mu+►Gs� �nc�.Borrow�r�yrs��to maw�tal�cuch incaxsnca toc u lonp sa UndK rpukn.
<br /> � 4.PrOpwty.IIWfOW�I Wllt I[�i�1 l�M y�Y{�iY u�y3iw'��.w'S�::zR::.3:.^.::0�1•«.w.r�wx►�bly n�cassarY. c`
<br /> 6.Exp�nsw.Barow�r�gre��to paV a�L��'���^�w•tf1Ckld111Q f�i{OMbli inMMy��tN�,It Borrow�r br��k�any cov�ntnte in thl�dNd
<br /> of trust o+ln anY obUflaUun secured by thi�daad of trwh 8arowN w+U p�y thas�artww�to to�ender aa provided in Covensnt 9 ot this d�ed of �---
<br /> trust.
<br /> 6.Prio►S�ewity M�txato. UnNs�Borrow�r fKSt obtsin�L�r►d�r'� writt�n caru�nt,Bor�ow�r will�ot m�ka or p�rmlt any ch�np��to�ny prla ,
<br /> pcurity ini�r��t�. Borrow�r will patorm au of ��ow«�a oou�,t�ons unaK .ny ��o+ mo+ca.a•. dNd of troat or otl� cscw�ty �pram�nb
<br /> includuip Eorrowu'c cavananu to rtuk�DaynwnU wMn dw. �'
<br /> k�..
<br /> 7.Aatpivrnnt of R«K��nd Ptoliu.@orrow�r aulyna to Ui�r th�r�ntc and ptofita of tM prop�rtY•�s��►a'�'����^�����w+4r��d ._
<br /> otMrwi��in writktig, Borrow�r may collact�nd rotain the r�nti�s lonp as 6orrowa is not in Gf�ult.If Borrow�r d�t�utts, U�dor, UnMr'c E�
<br /> �sppfi�id tkst t to��coit�of ma�rwpinp thet�op ty�ncludi��0d cowt costi�a�nd�attani s',�tiiitcommlisioru�iornntal ipsnta andinyhuthi �,
<br /> n�c�uary nlat�d�xpansas.TM nmau�inQ amount of r�nt�wiY than appfY to Paym�nta o�tM s�cund d�bt as P�ovid�d In Cov�nant 1. �_
<br /> a ����y��o�o�►rny;p�s�►��d U�it Gvdoprtwnb•,Borrow�►�4rNS to comply with th�provisbnc o}�ny leas�il thic dead of truat ia on
<br /> a leasahold. If thla d�ed of trust Ic on s uiut in�condom��ium a s p�anMd unit dswbprtw�t,Borrow�r wiu pariwm all of Bor�ow�r'�duWa
<br /> undK tM cownants,byI�wY.or apul�tio�u of ttr condortAnkun ot plarvwd unit d�v�P+�'�a+n. �.i
<br /> g,�,uq�ori�y of��xMr to p�rform tor 6:�mwM.If BorrowW failo to psrform any of Borrowu'a dutt�i u�der thic d�acl of tru�t, UndK may �-
<br /> p��form tM dutks or esus�tMm to b�p�rtorm�d. lender maY sl�n Bo►�ow�r'a�am�oi'pay any amount if rwc�uarlr ipr p�rformsnc�.If anY r_
<br /> conttructlon on thap�op�rty Is dlsconNnwd or not ca�rl�d on in a nuonabb maruwr.Lander m�y do what�vw is necsssuy to prot�ct L�r�r's
<br /> srcurity intwwt in th�RtoP�tV.This rtsay incNub coRtiptetinp th�coruVUCtio�i.
<br />= i.ww«'�i.ii�,r:4o N:.:a.����'J:wi�.:c:,«c3.i L:.r.�,:!:am ax:rcl=in„=r+:o!!ts olh.��ri�hts ur.de!ths Isw a sN•c�nt rnut. -
<br /> � and wiUbiat u�itirqt ftom tMtdaU of t�h�pay�n�nt untiliPaldtin fuU at�tM inte wastrati in iffdic�t on th�s�cw�d dsbau�ta w�.l b�dus on demand r
<br />-' nt when dw o� C,�nka any cownanta und�r thi� dNd of trust or any �-
<br />- 10. D�twlt�nd AceM�r�tsa+. H Borrow�r fait�to mak� sny payme
<br /> �dimutid yirtun�diaY�P�Y���may invofu th�pow�rrtof a�alfli and��i+y otlw r Lim�di�s P�+m�ltt d bylsratappUCiW�i bww�of ttw s�cur�d d�bi and �
<br />= �i�,�t���s�s.s p uch wch�p�rtwL�u uttath Mi�in.c�������f default u�d sals hs su�t to�ach puson who l�s PsnY
<br /> 12.Powu o4 SaN.If ths 4�nd�r invokes tM pow�r of tsl�,tM TrustN shaU f'vst ncord in tFw offic�of th�rs�itt�r of d��ds of�ach ccunty
<br />= wherNn ths Mut propKtY a some Wrt or D+ro�l therwt is sitwt�d a notics ot M��ul!contdnlnp ths inforrtwtion rWuind by law. The TrustN
<br /> " shall al:o m�il copi�s of th�natk� of default to th�Borrow�r,to each pKSOn v�� is�p�rty h�r�to,and to oth�r persona ispr u��atib�sda^Y
<br /> - applicsbN taw.Not Nss th+n on� month atter ths Truotae rocords ths notice of defautt,or two months if th�t�ust propsrty is y
<br /> incorpor�t�d city or villapa and ia us�d�n farminp operaUons c�ri�d on by th�Vustor,th�Truste�shsU piw pubtic notia of sat�to th�p�rso�s
<br />- and in tAt matxN�pnta�b�d by�ppplicsbls taw•Truat��,without d�mand on Borrovwr,shall afl thr�xopwty at public wcUon to tM NpMst
<br /> bldd�r.M nquwad hy th�Fum Hort+att�ad Prot�ion Act,Trusts�shall oHu ths propWty ln two sapuats saNs u raquir�d by�pplicsbM 1aw•
<br />�� Trustw msy Dostpa�s�of a11 or any parcN of ths proparty bY Publia aruwunc�m�nt at ths tim�and P�ace of any pnviously scMduMd ssls.
<br /> Undu or its d�sipnM may purch�se tha DropwtY st snY sab.
<br /> � . M �Nr NIIr h:�1 TnMf�shaY d�liwt to tM ptYChiiOf TfuitM's de�d conveyinp tM proW►tY.T►»nuWl�contalMd I^
<br />-= tf�.:.::-�-�a.�^s�..._....--•-- - •-
<br />— Trustaa s c�esd shn�l be primi facb ev�nc�of th�vuth of th�ctsY�m�nts contatnxf tnarsM. �russse snaii�pv�v l��v���+:�;••��•:•_•.�
<br />_� toliowkq ordw: (a1 to all �zp�ns�s ot tM ssN, �neludinp. but not Iimitad to, nuonsbl� TrustN's fe�s, r�corabl.i atta-r�aV'e toos and -
<br /> ra�sut�rtwnt te�s:lbl to aU swsw c+ti:r�d by t}tit da�d of uust.and(cl ths bslana.it�ny.to tM Mrsons MOa11Y�ntiil�d to ncww d.
<br />� 13.Far�eloNx�.At L�nd�r's option.this dNd o}uust maY bs taedos�d in th�mannsr Provid�by�pplicabN law to►fa�cbsurs of macyapa
<br /> �= on rul propKty.
<br />-� 14.�yp� L�nd�r may�ntu th�propsrty to insp�ct it(t Lsrxl��ivsc Borroww notics batorahand. TM notic�must stste tt�rusonabb
<br />=.� caus�fa le^dK's inspeccion. -
<br /> � 16,�q�dMnwtloea Borroww as ns to L�nder ths ou�ds of any award a Gaim for dam� i eo�et�d with a conGmnation w otMr takinq
<br />- of sll or�ny put of ths proPKtY�uch Proaad�w�`a avor��orov;a.d�+cown�u+t�.�hL ssfipnn�nt is subJ�ct to tM tKma of rnY Prb►
<br />_� qcuritll+prNrtN+►t.
<br /> 1Q.W�.By�x�rclsirq my r�dy ava��labt�to L�ndsr. Lend�r do�s not pivs up any rlphts to tat�r usa any othx nmsdy.By not�xuciw�p
<br />_� �ny arn�dy upp�Borrowa'o d�fwtt.Lsnder do�s not w+iw�ny ripM to law cons+d�r tM�wnt�d�tault if it naDOM��Osi�.
<br /> — ��. � ���� Wp�y��,�yy��; Suee�� �nd As�Bound. All dutiw undw thl� ds�d of uuit sn]oint and savK�l. Any
<br /> — Borrow�r who co-slyns thte d of trust but do�a not co-sipn t� unds��l in�d�bt instrumsnt(tl do�s so orOV to prant �nd conveV that
<br /> B�noyrrovw►'a inte�st in ch�propwty to chs Tnute�u�d�r tF►s t�rr�rtys�of this d� o trust.In addiNon,wch a Borrovwr�9re�s Uut t1w Ler�r and
<br /> y � �d�bl t i�thou�th�t Bor��w�t's co ini fand wiihait r Milia�uq t�hit Borrow�ir�from thi�tKrtuof thii d�of�vus�tf.��ot vust or ths sacucad -
<br /> � Th�duws and b�nsfiu of tlw d�ad of trust shall birsd and b�+wfit ths weuseorc and assl0ns of L��and Bor�owa. _
<br />_� _
<br /> � 18.Wadc�.UnNss otMrwi:�r�quired by taw,any notic�to Borrow�r shall bs piven by Mliv�rirp it ot by mailinp it by c�rtifi�d mail addrstsed to -
<br /> BorrowK at tlw pr0 addnss w any�othsr Wdr�sc that Borrower hss pi�w�to L�nda.BorrowN will ylw�ny notice to Leider by cKtifi�d
<br /> mail to LN�'s �ss on pap�1 of thts ds�d of tcuct.or to any othu W�u�aa which L�r►der has detipnatad.Any othsr notics tn LWid�r sh�ll
<br /> b��nt to Ur�r'�sddru�w atat�d on pa�,e 1 of tl�a dNd ot vust. �
<br /> My noticr shs�l b�dMm�d to luvs b�u�ylwn to Borrowa a Und�r wt�qiven in ths muuwr sat�d abov�. _
<br /> �' 19.Trwfar of tlw'ropwty or�B�n�Aeid M�1M�st Ia th�Qortoaw.If aIl a any Part of th�Dr��ty a any irnarsst in it ic wid or varuferted
<br /> without L�ndK's prlor wrtitt�n conant. L�nde may d�mand irexrndiats psyment of ths sacu�d dsbt. L�nder may slso dwnsnd imnwdiat�
<br />��� �m�a�d WY�+�rtt i�n thii6ow tsihiat oni f a�ia a�bby f�d�ra!Vw is of ths d�t�i of d+is duwd�ot muvt.�fa��d. Howavsr.Lsnder may rat
<br /> L.� yn,��,o.LL'hsn th� obtigaYan s�cure3 bY thit daed of truct has bean paid,and Lender has no fur:;aar obligatian to mako advances
<br /> �• ui�►th�insvwrnntc aapream�nu secured CY i�+s Qaed of trust,the Trust�e shait,upon wr�.�en�ac:a:.�-tr�: ttr�:.r,rccoz:�y the�ust �
<br /> prop�►ty.Th�Land�r shall d�Gvw to ttw BorrowK, a to BorrowW's wce�ua in int�nsL the vust dsed uw t�not�o►eth�r�vidanc�ef the
<br /> oblpation w satisfi�d.Borrower shaU WY any ncosdstion cosu. ,.
<br /> 2t. Succ�sw� TnutN. Undsr, at Lsnda's op�wn, maV rsmcYe Trustse and �ppoint s succestor trust� by first, mailinp a copV of ths _
<br /> subctitutlon of vust�s ac nqu'u�d by applicaW�law,and ttwn,Dy f�iny tM subsYitution of tnutos for ncord�n th�office ot t1w rs�lster ot d��ds -
<br /> of�ach county i�which th�truct prop�rqr,or aart+e Pan th�reof, ic situatsd.The tucc�ssor trustee,without conveyancs of th�prop�ty,shsll __
<br /> wccwd to al!tM pow�r,duti��,wthorrty and ti�e ot ths Trostae mmad In th�dsed of uuet and of any sueuscw uustu. -
<br /> (pap�2 of� -
<br /> �AIiKEIIG SViTFMt.IMC•.SY.ClOUD.W�66�01 11•tfA397-23t11 FOlIM OCr�MTGME t!tl191
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