|
� �
<br /> �� . ._ . ---_ _____--�.
<br /> ....a�, - mf�.- --.��.,.,��: ----- -- --- _ -
<br /> , `
<br /> ' �" il)350� -_
<br /> i �oy�wTr =
<br /> 7. itynwnti- Hetrower +4+�� tn mako a4 pavn�ztw o�� t7a racura� deCt when th�e. Unh�� &xrnw�r and L�nd�r aprN othxwu�. �ny --
<br /> Irrt to ac� amou+�t�Barro�r•ar ovws on th�Meur�cl d+�t
<br /> � � z
<br /> ' �,aym�nts l��d�r nc�iws fr�r+ liarow�r a�or 9arows�'� b�++atrt w�1 b��pp►i+d V
<br /> axcNutw of I�tK�ot or prM�clpN,R�C0�1d[0 M�IYlO81,a.�+d than to Drincipal.If partiN p�p�ym�nt of tA��tur�d dtb!oFturt fot�y nason, ft wdl �
<br /> � �w�nduc�or.xwu u+v�+�+�aY+++�t unW thv i+cur�l dNae a pstd in tuu. ; _:
<br /> 2.Ci�wo Ap:L'u:Tfd�.Borrow�t w'i!pay�taxu���Na�nwnt�. snd otMr charfl���ttributabN to tM Wo►�rtY wlwn dw w�d wiN d�fand titl� _-_
<br /> � t o t M P� w h t c l►e o rinat��y ct�imn whlch wouid��M�l i��ma t i i i a l w t o�i m p r c w a�i�►i l n t s�l�+�U i�P w��YU��n�ny�iqf+n.clakn�or _
<br /> � d�t�rwa rowM'�Y�w�Ga4u P+� _
<br /> ° ; 3.k�wr�nc�. BorrowK wUl kwp tha propKtY in�urrd undw twm��cc�Dt�l.�to L�Mix �t Borrowar'a�xpanc� �rid Yor l�ndar'�O�n�1it. All -
<br /> - incw�nca I�kiao ctuU tn;Tud��at�ndWd �ctwiw in tevar ol4andnr.Lender wiH he narn�d as b��payN or�� tM in�ur�d on MY wch -
<br />" ; � w�thln L�ndar's dlacra:Ion,to��cM►tM r��ta�tw�a r�pa+ot ttw dam��d pr�putY �
<br /> ir.s�x�nc�DoIiCY.AnY kuwanc�Droca�d�m�v „ • ..,.�..�„�.�,u,s�wsr�s tor u lono w Lu�lu raqukN.
<br /> _1 or totM awrsd d�ot.It l�aau��quu�a mono•sp�.�w«�:.:��a:::.�::s,;:a�o.a..._.._ _
<br /> � 4.Prcp�tY.8orrow�►wil!kNp th�PropwtV In�ood conc'•�twn and m�k�ali rapalra r�aw�ab�V n�c�ua►Y• _
<br />. j 6,Exp�tuN.Borrowar aprw��to paY�!!L�ndar'c oxponss�•�^�lud'^G rea�onaDN�ttan�y�'�a��,il Rarrow�� b�ak�My covenant�In thla d�ad �u
<br /> � of truat or In anV oWipatlo�auu�d by thl�d��d ol uu�t.8otrow�will paY tM��amou�U to LsndW ai Drovld�d in Cowtunt 9 ot tt►i�clMd Of i
<br /> uust. �
<br /> 6.Rio.S�cwitY�twaq. Unt�cc Borrowu fKCt obtalns L��d�r's wrin�n consant, Bor�ow�r w�ll not m�tc�or permit any chsny�o to mY Pt� �
<br /> n�cwity int�r�eta. e«row��w�ll p�rtorm �1 of Borroww's obyationa und�t anY Wb+ mo+toaG�• d��d of ttwt a oth�r s�cunty apraam�nt, C
<br /> i�►cludinp Borrowu'�cowMnu to mak�p�Ym��U wMn dw. __
<br /> 7,M�rwMnt of RMta�+d ProRU.Borrow�r ardpns to Undu tM ranu aixl profita of tt�prop�rty. Unt�ss Borrow�r and L��haw spr�1 M
<br /> otMrwk�i�writinp, BorrowH m�y colNct and ntain tM nnta ��bnp so 8or�ow�r is not in d�fault.If Bonowe d�faultt, LsndW.L��dw s
<br /> �p�nt. or�court appolnt�d ncsive m�Y tak� pou�culon and man�p� tM prop�rty and coll�ct th� ronts. Any untc L�nd�r coN�cu sha►1 b� `
<br /> appttad firtt to tM cofts of manawl ttw prop�rty. Includkw court coot� and attorn�ys f�sa,commlcalona to nntal apw►t�, uW�nY utMr �
<br /> twc�swy t�laUd axp�ns�s.TI►�r�np�mount of nntc wal tMn a�ply to DaYrtwntc on ths s�curesl d�bt si D►cvld�d in Cow(unt 1. `
<br /> s ���,�����p���d U�t p�wbp�Mnp.Borrowa� raaa to compN with tM provision�of�ny kue it tNC dNd of trust Is o� {�-�
<br /> und�r tf�covinant.�bY-1awi,ott tpu�latlont ct tMeO�condo�i�n o+plP��txwd unit�d�Y�bpm��t�t��row�r will psrtrxm all of Borrow�r's duti�s _
<br /> � 9. Authoci¢Y of lw�to Pwtorm for Bartow�r•�t Borrow�r taitc to pe�form any ot 6orrov�ra'�dutie:ur►d�r thla de�d ot trust, Londv m�y
<br /> ' �� pe�tam th� dutl�s o�caus�tMm to b� p�rform�d• �ender maY f+fln Borrow�r's nam�orpa y�ny smount if Mc�wY fa P«'to�msnc�.It any
<br /> cwutruction on th�prop�►ty k disconti�u�d or �ot carried on In s nuonabl�ma+u�.L�ndK maY do wMt�wr ic Mo�swV to Prau�t��nd����
<br /> s�cixitl►int��at in ttr D��►1l.Thl�may k�clud�wmplstir►p tl�comVUCtion.
<br />_�.� l�M�r'�failw�ta P��m wiU not pnclud�I.�ndw f�om�x�rcltKW my ot itt othw r1phU undW ttr law w tiw dNd oi vusi. -
<br /> and w��bwtsint u��st fiom Wtdatai�ot th�P�y�maot ur�ti Paid n fu!! ths lntei std�U i�iftu��t ootthi aicur�d dsbmounta wiU bs due o�d�m�nd
<br /> �p,p�TaWt �rtd AeeMKwt)on. If Burovvw faits to rtyk� any paymsnt wAsn dw or bn�ks any eownanU unda this dNd of vust or sny -
<br /> obUpatlon s�cund by thls d�ed of truct a any p�mort9�W a�of trust,L�nd�►may �cc�rat�ths mataity of th�s�cur�d d�bt and
<br />_ d�msnd lrtun�dlats psym�nt u+d may invak�ths poww of ssN ar�d u►y othw r�s Wrmitt�d by apWcabt�I�w.
<br /> N hiato.�a�tM��sa of*eapch w�c�h D�►son,�as s�f orth Mi�n.�k�of tM noY�css ot d�fauk and aal�b� s�nt u each p�►sor►who ic a p�rty
<br />:F
<br /> 12.Povcx of S�N.It ths Ler�r Invokei tM powK o}saN,tl+�Trusts�cMU fast ncord in tM c4�c�of tM re�lttw af dwds of�ach county
<br /> � wtxr��n tM tnut propKtY a sorr�Dut a W�c�lthweot Is cltuat�d a notics of d�fautc containrg he�nform�tton rsquk�d by taw.Ttw Tnutea �
<br />- r�to,end to otFMr pWSOru aapr�scrib�d bY
<br />- shall aiso mail copi�s of tM notic�of d�fwFt to ttw Borrowx, to aach psrsor�w�t+o cs s partY hs� s rwt in any
<br />� appGcaW� law. Not bss tMn orw month aftsr th� TrustN rscwd�th�mtice of dafault, or two mooths i�the trust propsrty 1
<br /> incorporat�d eiry or viNape�+�d ia usW in tumt�p opK�cio�a ca+ri�d on by tt»vusta,tf»TrustN shsll plvs pubik notic�of ssl�to tM p�rsorn
<br />=� and;n tM manM+p�KCrib�d b appplie�Ols law,T�wt�e,without d�msnd on Bortawer.sha!!t�U tM prop�ty at puWic aucHon to tM hlpMat
<br /> fK Y�
<br />�� blddK.M r�quk�A by th� Farm Hom�st�ad Prot�etion Act,Trusts�sha11 offs►tM property in two sapu�t� siNs u requind by�ppUcsbfs sw•
<br /> TrustM may postpon�aaN of atl or�ny DxcN ol tM propertY bV Wblic announarrNnt at th�tir�snd Dtsw ef a�Y Pr�vbuely�ch�d�+bd aaN.
<br />= L�nda or iis d�s�rw�msY Du�cha:s tM proP�►ty�c�nV sal�.
<br />.—�+ Upwi r�t o1 pa rd of tha ari�Di�,Trusise eheN dMiver to tM pwchu�r TrwtM's dNd conwyInp ths property. i iw rscitiais eo�i+�imi N�
<br />� Tnut«',d�ed�prirn�tacls�vkfimc�of th� Vuth of ttr stat�rtwnu contskwd tMnk�.TrustN�iall sppty tM procNds ot tiw�ai�ln ttw
<br /> tcltowinp ord�r. Ia) to dl �zpans�s of the a�M, includinq, but not Rmited to, naconsbfa TrustN'i fee�, roKOnabN �ttorrn�� t� �nd
<br /> f� rWnstat�nt tNS;tb)to all wms s�cund by th4 d«d of trwt. and(e1 th�bata�c�,if any.to tM p�►sona wWdly�ntiUsd to�ac�iw rt.
<br />� 13,ForKlo�tr�.At 1.��:ier'�optlon,this de�d ol uu�t may b�fonclosed in the msnr�r provid�by�ppllcsbN law ta for�closun of mortpapu
<br /> on r�sl propwtY•
<br /> �ra
<br /> � 14.� L�nd�r rr+aY��►�P��Y to inspect it if L�ndK yivw 8orrawv notics b�to►�hand.TM notic�mufi stat�Ur r�ssorWbb
<br />�� c�uN i0f �l.�fldM's iflip�Cti011.
<br />=� 16,Cond�nrNtlon.BorrowK acsq' nc to Ur►d�c tAS proc�eds of any awxd or claim tor dsmaga corx»ctsd with s condomnation a otM►tikiep
<br /> of NI a any p+rt of th�P��Y•�P���wiN be aapli�d as provid�d in Covenant 1.This assipnmsnt 4 subHct to th�terms of any prlor
<br />�� s�ar�t►'aprNrt»ot.
<br /> 18.Waiwr.BY�xercisin��nY rem�dy avNtabt�to Und�r.Und�r Qo�s not plw up sny riphts to tat�r uca snp othK rem�dy. By noi�xsrclsinp
<br /> �" �nY�smedV uPon Bortow�'�d�f,L�r dou�wt waiw anY ripht to latW corwda th��wnt�d�fsult if q liappms ap�.
<br />•� 17. Joint �d S�vw+l �6�ty� Co-�r Su�e�i �d Asaprs� Boix+d. All dutio� undsr thls dNd ot uust ars joint and avenl. A�y
<br />,� BortowK who co-si�res thla dead of truet but do�e rot co-si9n th� und�rlSI�'rq d�bt inetru.m�n::t)c'e:: to a+1Y to �rant and conwy ttqt
<br />-�. Borrow�r's i�t�rat ici tAs propwty�o�TrustN und�r the tKms of this d�W oT vust.tn add�iion,such a 8arow�►aynes tMt ih�L.�nd�►snd
<br /> a�ny ottw Boaow�r uno�r v`�:: ww...vw. :rx�exte:.d. :r�9f.1 a mak�a�v otMr ei;ar.ae�in iM tKms ol mi�d��d o}Vu.'»c;tns s�cund
<br /> °�, d�bt�hout that Borrowar's co�ni and withuR��Misl^o that Borrowar hom tiw t�rrtw of tdiu dwd of trust.
<br /> TM dutl�s and b�of tNs dMd of Vust sh+Y bind and bm�fit th�wccessors ac�d asdOns of L�ndr and Baro�w�r.
<br /> t t.No1le�.Unless otf�rwla rsquasd by law, any notie�to Borrowsr shall be yiver.by detiwrinp it a by mailinp ft by certitied m�il addn�sed to
<br /> Borrovwr at tM pr addnsa a any�oth�r�ddnss that Borrower hai 0i�w�to L�ndsr. Borroww w�l g�w any notia to L�ndw by wrtifiW
<br /> m�il to U�'s sss on pp�1 oi tNe de�d of trust.or to sny otMr Wdress whiCh Und�r has d�tipnstd. My olh�r notics to Lsnd�r stWll
<br /> b�unt to UndK's addrss��s stwd o�GNO 1 of tNs dwd of huct.
<br /> My notic�shaU br dMm�d to haw Dun ytwr�to Borcowa a Lux'wr wt�piwn in tM mannK staUd abow,
<br /> 14.Trwh►of 1M PropretY or�i�AdN inw�st�^t�ion°w�'.If atl a any pa►t of tt�aoa�rtv or any 1r+tw�st in it i�sald or tra�xf�rr�d
<br />.�.t� without LendK's prior wr'rtt�n consent,I.�nd�r rrWy dsm+nd imm�diat� payment of tM a�cur�d debt. Und�r may �Iw d�+nand immsdiat�
<br /> `�= �pa tyrtunt�the�w sin�tioM,lt�aoribitad by�ifd��i�l law is of th�dato of this id»d of Vust�fsrnd. Hovwver. Lende► msy not
<br /> �'�
<br /> � 20.R�conwyane�.Whsn ths obliyation�curb by thia dead of trust has been p�Id.and Lender n�s no firti�r obligatan io rn:ks aGv:nc::
<br /> � urW�r th�irxtrum�nts or eem�nts sattiu�d by thU d�ed of truct, th�Trust�s shsA,upon Mrtitten rqcwst Dy tM Lsndsr, reeonvsy th�Vuit
<br />. prppwty,TM L�tbw shstl�GvK to th�BorrowK,a to Borroww'e successor in int�nst th�vust 6Nd and tl»nots a othsr svid�nes of ths
<br /> obl,pstlon so eatisfi�d.Bwrow�r shall pay sny neordation coeu. .
<br /> � 21, Succ�wpr Tnut�e. UrWer, �t Lender's option, m�y remove Trustes and aPpoint a successor trustw by first,mailinp s,copy of tle�
<br /> ' substitution of Vust�s as nr,uir�d by applicsbN I�w,and tfwn, by filinp ths substitution of trustee for rocord in t1t�office of tt»rqictsr of deads
<br /> of�ach county i�whieh tM trust propxty, or wrn�aart tMreof,ic e'�h+at�d.The tuceeseor truste�,wittwut conveyance of ttw propsrty,atull
<br /> ,
<br /> sueeMd to a!th�powsr.dutlas.authoMY and titl�of dw Tructe�nsrrwd in th�dud of uust u�d of sny suceessa vuste�.
<br /> fpap�2 of�
<br /> �MMCiJ19 SYSTf11i.NC..57.CLOUO.MM N301 I1�OQ�1N43111 FO�Y OC►'-MTWIE 6/18A7
<br /> �
<br /> I
<br />' 1
<br /> f _ _ - --
<br />
|