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— .. :.��; .'., �+�i....i� _- ,. <br /> .�.°�� __ _ ----- -- - - - - <br /> - _.., .. .--__._---- -^- � — <br /> . ...-_"' . .. ti It�'� ♦ ^J .. � .e��...._.�__. � .. _.0 <br /> �� .. <br /> �.. . <br /> . 5 , ._a,,:,.�'.;n�.eli.Yt�1�.�___ �_ <br /> ...�.���+'....._.m�......ciP.��w.�- <br /> ��.�.-�...-„ ..,.-. -_ <br /> , <br /> HOD ttb,1WlC DElORAN J1 DISROIC ZOOS18 07/Z6/1996 <br /> .� i3NlFt)kM�'OV'PNANTlR. &�rrower�►�l l.e�rler cuv�imiK:uwi ngrc�ae t�i�.kaw1�:. �6"0 ����Q�'1 <br /> 1. N�y�hc,M a� Prins!�»1 e�ncl I+attrr°�►� FIf117i1�Yt;f f�lilld �1C¢Vlt�1���1 �,4�►�r v�iu:n d� �h: pri�wlpxl ��wl ii�lcstst � <br /> i�xlrha�li�e�:s nrirkix:c�J hy rl�i��Hr.aixl l�tr clmrgcs rv pruvi�ci!i��rhe:N�u.n. <br /> 3.Ftiwd�iiar Taxes�1(nu,a�nu�e. Suhja:t n►�p�►I�:MMe:I�w ur A wi:tb:n waiver by l.e�xkr. &►r�nwer�11�y to <br /> Le�x�rc nn the d�►y nxNbhlY prYme�u+►��f pdnc;i�i a►rl i�Kerest src pwy�a u�i�tor ttx;N�xe. uiNil tt�e N�►te is Mid iu full,a <br /> sum(het�in"Puai�")arwll ui on�-twelflh of tl� yeuly t�xeA�nd au;�e�.r•nn;nt:�tir�tlus}lz+�ce►�►mi��lum uxl pt�uuuxl uuit <br /> �fevelc�ment�s.it nay)which n�� �luin pdurity aver t!►i.K Qen)fl�'T�tbrt.,•pn+1�nw�xl rrnls on the Pni{rrrty,if <br /> w�y.y:lu:c:::;�s�.lfllx«f y.:rl�pr;,i3um�+�Mael�t!t�fa-h3��.�e��a�rroir:r..�!���r�+�nt-tv+riP??r.„f yR�ndy�renii��m inweiln�cix.� ,_ <br /> for nxxt�ase ineuranct. if auy. �11 �,v ncuNUUd�{y rKtirou�l i�utalty�uxl frt+�r�.daam 1�►�tiHb�hy,�l,.e�Mirr on ehr fwii.r of <br /> �,�,•scx�unent,�s a�x!bllix xn�tz�.�c►nifif�e,r•tinatC�thrm�f. �xn�wrr�1u111 AwK!�s uhl's�nt�d�.i�t�utite�xh paymedx uf Funtls�a <br /> to l.eader to�he extem ttu�t Fl��rn�wcr nwk�w s+�:h�yre�ctw.�tn lik h�►tJer of a pc6�m unrat,q�ur ctc�1��F trust it�h iHikirr <br /> is�n i�titutN►cad lenckr.• <br /> ff BwrmweQ paYs Funds tn I.eiwl�r. tl�: Fu►til:�nh�ll t�lw:ld ir�aia l��ttl�u�i�nr.the�►�lca�x au:�wr�s uf whkA Krc <br /> irovral�w �wri►uie�c)hy a Fe�rAf or�taic����y li��:l�ulir,Q t.etxl�r if l.�:ralcr i:►;sax:h an ftntiwtkxil. L.rmlrr�!I�+I2� <br /> the Fuads ta pa�r s�id tax�.�wre�smerx.�. inRUnn:e�xrnuurax�nr!�nwm!rcnt:s. l.atxWr msy ncK char�r fiK�x�M�idi��� <br /> �Y��K !he Fw�ds. �lyxina said�:ccwnt lN YCi�Tylll� �IMI Glpl(1�GNQ.li�I(B�GC�t1VyIGlK4 WI�I1lII9.unl�s I.eod�er TMyx <br /> Bcxruwer iiNpGat un thc FwKtc dncl q��lic�e i�w�ern�}r.s lx�rkr t�r mnkc cuHiTi a r.iulrge. &►mnwer�nd l.ender tmY� <br /> in wridnt ao thc dnu nf execution��f th3a Drcrl of T�ust tt�it i�xerr*�t c►w dhrs.Fue�H�almll ix paid U�&trmu+er,�►ud unk:i.� <br /> such ejcxexat is m�dc or aEydicsMe I�w rc��ares�aich iiw,erGCC a�M:pnirA�I.�:t�ldr sh�ll�xx he coquin�!�n{ny &►m�wac <br /> �nryr interea-t or ami���s cm�he Fuads. l.rnler s�lwll aive to&�mwvr,vritlrur�t��ut�;e.in stu�tW acc�otit�of thr Funals <br /> stnwvioa c�rAits �nd deWit�to the Fw�Jh uwl thr pur�x�c hw whir:tt e�:h�d�'(�r,�n�the Funas was nwir.Ti�e Fuu��i�a - <br /> E►lodaod ss a�Wltiuial aaurity for tt�e sumx secund by thi�Dcat uf T�aat.,. <br /> If ti�� anzatun of the Huu�ls I�:IJ b� Lender. togs;tM:r wIt#�diw: fu�u�r��hiy i�ut�llments nf Funds pa�y�+le prior tn <br /> tht duo dae�es of tues.�.g. inewr�nc�{�emiuros aM gnwnd rctrA.sh�ll ezceod the anxivat roquind to pay a►tv <br /> tues. as�myots. imunince premlumt� airl grcwnd re�rs�.v tbty �Init�ur� :vuch excess sh�ll be. at�cwmwG*'s aQtk�n. <br /> titbnr pmrnptlY re�aid to&�r or crrdieed q&umw�'aa rmutl�Ly i�lnxl�mnta-of Funds. If thie wtoutK of tbb F■��'s <br /> heid by Le.�der s6a11 not be sufficierr ta pny tix�. �wc�ananm�ic�nutarx:s p��nlurs�s wd scounl reets as 11�WI due. <br /> &xrower Slail par tn ixnder airy anx�Ura acccssaq�t�e�inkC�snr t.�tu,abficicncy in oo�e or m�m payments xs Le�nder ma9► <br /> requttn. <br /> Upc�n pxYaxet in full of�Il»�ururi�cx.�rrxl by�tbin D�at a�Tn�st,Lender sball Pmroptly rcfund to Borrmker aap Fwida <br /> tidd,hy Ir:vdcr. If undcr oem�c�t�h.I?hereol�ths�Pn.�tr�r.i��a►k)or tbe['ro�eTty is c+d�erwise�drc�by I.esder,l�eoder , <br /> s�II,aPP�Y.no i�oer than immodiatalr.qrrior ta elrs�ir.ic�6�lh�t�!'re�t�ty or its acqui.ddon by I�ender.aaY Fun�lrcin i+y <br /> l,eider ut tLe fmoe of�pplicatioa ap�cl�ir�ugai�t�t�sunui r�;cttmi @�r this Deod of Tr�xt. <br /> 3.A�Ik'..Mbw a�Pl��s. Ui�l�appin:ahto�la►ri�r►�des e:�nvise.�11 psynnait�tocxivad thr l.etrler udt�r thG <br /> No1e�usd�n�r�pis I aad 2 d:rcc►f stuJi�t s��lutd by���tler ti�st:'�isp�ymeat�f amatots pyaMe so 4etWer bg ik�[�a�� <br /> unde�r pnr��p6 2 hereof:#�cn oo�i�ntenrnt pnY�a�au tht!Matc.an4 di�a to the princ3pa!of the Note. <br /> 4.hia Mai�is i�nai�De[xt+'a�'�7'rtetl��+ I.iw. Bortuwer sb�U perForm vt of 8omcw►�x's a�bli�rtiotrs <br /> uadar at7 aiortp�e.daed�df�tc�si oc�athitr:ucuritp apoe�aer�t with a lic4 whid►h�s pricxity on�th�s��t+ed uf Tna�t, <br /> inctadin�D�xro�r'a mve.rotatn�Ur mnlns tx�Y!nrotks w6en due.&m+ovrer c��l1 pay a cauSC to I�c�ds11 U►tea,awdntme� <br /> �d�er�:ler�es,fiatx aaf nuoposia,�iu��atarlbucable to t6c Prd�pertY which an�stt�in a p�i�itx csve+r this Dxd of TnMt. <br /> aed laweho�d�ayme�ts nrgJ.ti:wKi retau.ifqny. <br /> S.H�rd I�s�aree�. Bonower slwli kecq�the impnweroents mwv enislin,�cx bsnaPoer eteeoe�on ttK Prcrprrty <br /> iaturod a�,aia�t lons bq�irs,l�aarda included wit6ia tbe tetm'exxndcd emeraae".atd such akr 1wr�c�c as Leakr may : <br /> roq�ixu ud'un:sa�n3�amoutds a�d fcx sucb periads as l.ender may r�Nirc• . <br /> The i�;�r.o�wx c+n��Cr�xnvidin�tbe ius�umce siull he c6osen I�y&xmvrer svbJcct M�pptoval b�r La�der:pro'vMed, <br /> �da�t sud� spprov�l shxlt.�mxt tx unrenorMt►iy withb�;bd�. AU �ir►wrance (�alkies�ad reuawils U�e�of shMi 4�c.an a tarm <br /> `'soaept�ble to Lsnde.r�urtY�iefd�ll include a sqndr�cl�c�e clwge in hv�of and in a Eorau�ap�able tio x.en�:i': I.td�r <br /> '�1!tiewc tbe ri�hf An I'�iib'the�x►lic�an�.rcan�v�ts�d�eneuf.svt►jeci to tbe te[ms of�uy matp�.t�eed irPYtue#�or odier <br /> sec.wlty�rcerad wviaf.�s lien whith I�s�xiori�r rnet this Doal of Ttmot. <br /> In tbo eve�+t u��x�s.ikxn�wer st�t11�ive prnenpt notia to tbe insuranoe carrkr and l.euiicr.�:FnclCr m�r ap�e pa�t <br /> of kisc if oot a�adc�i�'roP��Y���• <br /> If tBe Prup�xe�r is ab�udonal hy Bcxnr�er. a if 8om�vver f�ils to t�nnd to i,en�3er widua 30 dsys fro+n tbe d�e <br /> notict is nqtkd bsY �.emlcr on Borrow�tr d�t the ie�r�oce curier ofYers w stitk a cVim for insuraox benefia. Lender ia <br /> sudroriaod�cdWcs aw��ply d�imuranoe procoedw u l�ender's c�i�r�a9t6er to resto�tir►n or repir of tLe Prnpectr o�r <br /> ta tbe autx�s�.�d bp obis Dad of Ttust. <br /> f. 11�a�vMi� �ad M�wG�Re�e+e of�rq�iyr Lea�c�Yoi�r; Cu�doim�Mfuos: P!�[d Udt �s. <br /> BorrmMer�lI Qc�ep die Ihoperty fin aoc�d t�ep�ir antl a���1'f noe cammit wastr or pmmt inipimxnt or deteriosa�t�}oa of fl� • <br /> pcn�rt;a,.RC!c;�f!ca�q�ly with t6r provisions of ur�r�e�r if this DtW of'�r�:si is mn a:eY�deoW. 1f this I�af"!'rsu is <br /> on a wtit in u condouunium or a plannod wut davcioQmc�x.Bcxmv�r s�exll{,erfcxro a11 of Bon�xs•'s nbli�tions under the <br /> da;fantiun or�cwentn�s crcui�g ur govecni��ca�lonuAUm or p1�ux.�1 uuie iicvelopms.�ce. �+e by•lav�s and reguytbns <br /> nf dk cooc3umivlum ur plttmal unit ckwelapmc�rt.uxl«met{tuetK�un�en.v. <br /> 7. Pttiteetlo� o�I.e�der'e Sc�tviCy. If&Nmtiver 6aELs m perform tt�e uc►r•e�unr� md agceen�euts wntai�od in this <br /> Aaed uf 1`tuN�ar i�my a�xion a pca�eodlus is conYaen:ed rvtuch m�utert�lly�octs le+War's intec�se ia�Le Pmpeny.d�ee <br /> l.ender. �,t;�l.t.�rider's nptiar, upvn nocice to Bo�mwrr. a�ay miice sw:l� ;q�pcuaoces. dlaburae bucb sums. in�:ludi�� . <br /> ---i�—. ��� .....a.�a...�...t.�:..��:.........�w u.wu�au�t t�avl�t�c i�Mwta�rl If I rtdrt(E0�l1IE[�NO�IP1flt <br />� Ii�nv�IrtuasYCja �ccv.��M.v awr.o...��.v...�.c.�.�...*....�. � <br /> . irovnu� as s�tion of nnlcint the kNn isocunb by triis Dsed of Tn�st. Bortower sttall paiy the pnmiur+s roqulral to <br /> tra::uun•er� intivnoce in effa.Y uotil w�;h rinx as the rcquirtme�k fitr s�;h i��wr�ce temunates io accemdsuce wit6 <br /> BOI'[+ONVYa3�LCfi(JtT's writeen a�mment ur y�plic�hk bw. <br /> A�yr �►mounts dlshutsal by Lenter p�usu�at to this�nigr�7.wiih intercs�t/herccH�.at tl�e Note t�te.shall bocome <br /> aklidunat iakb�edexse af Bnnawer securcd hy this D�cf of rrust. UNcec Bum►wer ux1 I.e�kr agrcc to exh�r te�ms of <br /> I�riuent. such ��unts sl�all be p�yable upa� notice fn►m Lender tn &xniwer teyuestir�g (►aY�tKnt tl�r�crf. Ndhinig <br /> cunti3ncd in this p�rx�rsph y s1u11 rcyuiee LenAer ro incur�ny expense ur Wce any ar,d�x�hcreurnler. <br /> d. Iwpceiio�. Le�xler m�y nuike +x �ause t�►he �urle re�san�hle eixries up��n and inspectinns of the Pmperty, <br /> pmv3rkrl th�t f.es�icr sha!!give B�xcuwer nutkc prior to any s�txN iu�►:tinn speci6yia�g�►nable caux thercfiia relatal to <br /> IxndePs iuter�st iu the Pn�ecty. <br /> Nct►�a.it,e�6-2 sros (lriqiAaYilR�corc9M1 CopylBranch) CopylCuotoa��) Pnae2nYs <br />