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<br /> �,�� 1. Pa}rm�rtts. 9ortowar agreas to make ali paymonte on tho eecured 6aht when due. Uateaa Bonower end Lendo* agroo ot orw�as, any -� ' • .,� .-_?�,�
<br /> �%.",�' _.-
<br /> paymente Lender rocaives tsom Botro�to1nterost end then m prtflctpaL bf pifUsf Rrop Ymesrt of tha oeu ad de6t o 6ccura for eny roasand(t u�vbfll .,� � �1_.
<br /> � t exctusivo of UKere •� ;r� ,�_
<br />, � not re�uee w ax�ie ��QUID�palm��nR� '1 sho secured debt is p�ld in PoIi. �: �� --_
<br /> 6. �•'Is� , r;
<br /> `� 2.tKatms �ziotr0�ei�rit)pay�ll aa,asseasments,�red o4her charQe�amiautahta to tne propxrty��hen duo and wlll dofand Utto '�'_<. �
<br /> to the prop�e��g�fii6t enyciatmt�wl�cA Y�ra� imD�b tRa�lan oi thls desd of trust.LenRer may require Bonotivcr to asslgn any Hghto,ctntmo or ,`:,x :tl0��•
<br />� defensea w�To7tawer may haw+SsGut na who aupDry taDor or rtwtarlalu to Imflrov�or malntcin 4ha OtoD'�Y• . E � `_`
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<br /> 3.Ina�uuie�. Bottower wiil kesp thn RroRertY�nsu�ed under terme actop2sbie to Londer st�ortowar'D o�snso and for LOndoYo bennflt.AU � � ��'�.��'-
<br /> ttiisurance policfas shaD ineiude a standard mortqapo duuse in favar ot Lender.Leador wiR De namsd as losa pays�or as tho fnsured on any such � • �` �.�<< �.•--
<br /> 1 insurance poliey.Any insuraneo proeaedo mny 6aappLed,withln Londera discrettan,to eithar th�roatoratlon ot repafr of tho damapad proporty : • �
<br /> � or to the sepered debt.if tonder roauires mortgapa insurance,Borrower agresa to meSniaEn eueh insuranee tor as long as Londor raquirea. � �'���
<br /> - .�'�`�_ "
<br /> ' ' 4.PropaRy.Borrowar w(II keep tAe property in good corsdition end make a0 rep9irs roa:.ons0ty necesaery. ��' "- --��`';7<
<br />-1 ? " —
<br /> 6.Expenats.Hortowar agrees to pay all lendefa e�enses,(nctuding reasona6te attomays'fess,if Bono►var Ctoaks any covananm in thia dr3ed j, •�'°
<br /> ; of uust or in a r ry oD G gatieo seewed 6y this deed of tru�t.Boreovier wUt pay these amaurrts to Ler�er as providad in Cownant 9 of thfp Gaod of �, , r r;;:-.
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<br /> ' 6.Prlos SsaRiry[nrins�.Untess Bortower flrst o6tatns Lender'e written censent,Borrower wil not made or psrtnit 8ny changas Lo any yflor ':�, '�;-
<br /> � se c u ri t y Imereats.Borrowet will p aAorm ail of BoROwer's obligatlons�der any prinr mortgzge, deed o4 truat or othar security agrrEtomant, . �"i� � -
<br /> 9
<br /> <f inGud�g Borrovrers eovanarns to make paymert�whsn dus. ' �. 'S�` ���
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<br /> � 7.pss�rn�nL of R�ta artd Pmfita.Bortower assiens to Lendar tne rents and profrts of ths property.Un:ess Hartower end Lender havo agread : :� :�a:� . �.�''�.', i,-
<br /> `� otnerwrse in writirtp, Earrower may colleci and retain ttte rertts es Iong as Batrawsr is not in dst vft. If Borrowsr defautta,I.ender, Lender's ; �<l� , _
<br />.; f epert,or a court appo;rtted raeeivar may fake possession ertd manage the FroReriy and co�Iea tha rents.My renta Lender eoliectn shnlf be .
<br /> , appl�ed first to the costs o f manaQirtg tho PmOe rt V.induding caurt costs an4 attomeYs'fean. eommisslons to rerrtal agarrts. and any oU:ar �i: ''�''�,g�s�T'.�_
<br /> nacess2ry related a�nsas.The ramaining amount of recrts v�n'tl then apply to payments on tha sseured de6t as pmvided in Covanant 9_ i,, � ��"�? �;,��.
<br /> '�� 4' ._ .. �j���. •. C- .
<br /> 9.LOasals�ds;Cmv�ausnTums:P�um�d Ur�itt Cev�laPmsrKs:Barrower agrees w comply with tha provisians of eny Isase if this deed of truct is on '�.—
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<br />.,�'_'��: a tease�otd.It thi�d�ed of trust is an a unit In a wndommium ar a planned unit devetopmartt,Borrotivar vsd�perform all of Borrowe�s duYies �. . .�*:,: : �
<br /> � under tf�e covenasrts,flydauvs,or reguladons of the conQominiam or planned unft deve!opmanL �:'��R;�?�*+ r�' '. r.
<br /> • � 9.Quthafty of L�rtda to P�rtwm taP BarowK. If Bonower fafls to perTorm arry of Barrowers duti:,3 urt4�v tNs dexd of wst, tender rteay � �-�yk; �:€: .
<br /> � peri'osm the dutias or cause them to be perfortned.Lender muy sign Boreower's nam3 or pay am►amourrt iP naaes:�arY for parformonce.If arry �: ,r.., r'1, �
<br /> eonsprucUon on iheproperty is dIsoenUnued ar nat+�ried on in o re�oneDte manner,Ler�der msy da wlumvar is nocesserY to protsat LondeYs '^��` ��'.�_ '
<br />'`.'t " securityt irrterest in ehe propertyr.This may indude ccs^.�teting tha construction. ' '`;'';.�-,:�-�--_-:
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<br /> � LenQer's faaure to perfartn wi(1 not preetude Lr�r�tir,m exercising arty of its other rigMs under the law or tP�deed of trus�t. ` � ":�Y�'-"'v�
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<br /> .,�ta Any amounts patd by Londot to pretect Lenddb�ua���a+�rest wi��ba secured by tht3 Qeed of trust,Sti:at�amoums will be duo on decsurr.d 1:�,:�.. -,;�,}i,.,;� .
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<br /> an2:a�'�bear interest from the Qat¢ct the payrne�c�1 F�%r.r.ttdl st ttq itrterest rate in eHoct on the seaued dabt ��f�. : ��A��,j.
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<br /> � t�.Ur�E-,utt ased Qceeferatlon.tf Q�:-swer faiis o r.�a:�e�c:;� r�frttent when due or Areak:�any comnartis undsr tlils deed ot Wat ararry �!��-�'�..r � ���� -
<br /> ;,�' c:�liga�r_a secured by this Eee��TM�-st or arry�r�xr mortga��r deed of trust, Lende►may acceterato tho maturirty of s�e�-a�red d�c aml °�� ' �'"� = � '
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<br /> c�s.-�;��mmediate paymsrtt ar.�^r.=y a►wlce tha t�:a8r of sate ar.d any other rmneQies pennitted by applipbto law. . �� �•.5 ', �
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<br /> ° � t'A.:�u�s t i a r M i m&a�a f D a l w.'L It is her e[tµr+�'�i sd that eoDies of the rtctir.�of defauti and sate be serrt to each Cerscec svhu as��.arcY ;'. �Y�;.:,,: ' ��.
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<br />'s.-t� `ejto:,ac the a:tltmss af eacl�sum,.arsan,�mt fia-tfi hetein. � ,,
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<br /> �"' tL.►Frn�w a!Satr.ff the lenQer israakas tha��c�ar of sele,tts¢tc-.tstee Shall first record in SSZ?offite of the�epis48t of do�..'"s.�f eech c�.r'+r-:y � :.ir{p' � �: �'���� �{�:.
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<br /> r,,faar�r..ths Vust pmpertY or sc�+rc�art or parcel thereof is s+�^�r..d a notice of detauft co�inul7 the information require3'ty'czw.TAn Tructee •f;:i�,�,'Sprf"�� :x1;,� ;�;.� ,;rz:
<br /> �' d:rgL�eGa mail coptes of the notice of deiault i�i�e Bonower,to each person who is a p�sty tiereto, and to otfia�per�cas As prescribed by '�r���;� • -
<br /> x'.���� � a;5l;icable Iaw.t��tess than one month afV�na Tnutee records the notice of defau(4 or two mortth9 if tho trust pa�'�y Is�ot in any �t�u�1!�'"' ?.'.: �.�;`• }'
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<br /> inCOrporotad dt�.cr..wiJage and is used in farrtd erations carrled on by t�e wstor,tfie Trustea ahall giw puhGe noUce of sa.a to tho perao�rs � •
<br />`Yr>3� and in the manrtar Cr•rasaibad by aPpPrcabfe i n���ustee,without dem�nd on Ba+rower,chatl re0 the pro�i:^D ai pu0iic auctlo�m ttto 1e��st . . .' :
<br /> �_S�' ` ,
<br /> • bidder.M require�L'n;�e Farm Homestead P�raaL�n Act,Tnistee sinall offer the profseRy in two separaYe s�1t�as requQed by appllcabie;a��v. .;��., :�.;
<br /> Tnisma may postpone sate of a1F or any pareei a she property by public annouz�merrt et tha tlrtse and piav�c,-G any Ptevtouaty sCheduiod so!e. fer_ ��,�,;' :,��, �':
<br /> Lender or its dastgnee may pureh�the property at any sate. .iz. �'°""��i; ��_`.
<br /> � Upon recetat of payment ot tha pr."ce bid,Trustee shaD deliver to the pivchaser T�utee's deed eornnying ths praperty.The:a,:iiinSs corrtatned in •�` ,�r..•::;M!� _
<br /> Trustee's deed shail be prima tacie eWdiee�ce of tho truth of the smtements contained theretn.Tnistee sfiafl apy�y tho proe��af tho sata In the . `;Y•,:�r" ,.�<";:, ;.�
<br /> fo0owinp orAer. (a) to a0 axpenses of the cate, inetudinp, but not Gmited�� reasonabte Trusteci's fess, reasonabfa aAUmoys tees and �' My ;„�,,,.; - .:;., ��
<br /> � rainstatament fess;(b)to ali sums secured by thls dead of trust,and(c1 tF.e tr�rTUO,it arry,to tha persorfs tag�lty errtitted to reeaive t� {i'',:-,r�;,.; ,k,r-� �'�;f�
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<br /> � 13.ForaHoa�u�.At Lertder's optlon,this daad of trust may be toreclosed io G�e��anner pravide bv opD��+�Q��++far foroctaouro of mori�� r15�' ��+•' ' f;•1""> r.,;.. .,,
<br /> an reat property. �f_;:?r�e.- �• ��: ,. . ,_ �, ��
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<br /> 14.tao�e8an.Lendar may enter the property to inspect it iT lender gives Borrower noUce�r��+`�iw?ne.The noUeo musZ�tho roasanablo 1;���;eqd�, . �� ,
<br /> cause for Lendere inspectlon. ' y�•°-'�
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<br />,5�, : 16,CflnQms�6cn Borrower assi na to Lender thsproceeds of any award or claim for Aamage�wnnected witfi a comtomnminn or oUfar teklr.rb 4;-•. „ _ _ �,� � _
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<br /> ,:;,�{y•, of aD a ury pert of the property.Such procaods will bs applleA as provided in Covonant 1.Thio assi�rtearr't is suD;eat to tho tam�o!any peJor :.�F,�r,,, '�,��'�1 .• ° . ,
<br /> � secinity e�eemerrt. �"�t �Yk.E�1�• '^, r � t �
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<br /> ti3.Watw�.By exercislnp any reme availsble to Lender,lender Qaea not piveup any Nghta to later use nr�y othor remoGy.By not exercioirtg �<<r.;; �'`•
<br /> nder docs not walve arry dght to later cons der t}vj event a deftui4 if ii a y�ns ag�i.n. °f"';'`� �: .
<br /> .� arry remeCy upon Boaovuers detauft,� i h D e,...: •.� '-;:.
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<br /> �j 17.Jak�t�nd Ssvrraf Ll�6�ft�r.Co�aT�sn; Sucuuon�nd Asci�a BouiW.AII dutiea under th:a deed of trust ara jairrt and sevsral. An/ ���.���. .�,., .d
<br /> Bartower who casiyns thts daed of uuct 6ut does noi co-sign the undertyIrtp debt inoVuman3(i) daea so onty to grant and convsy ttnt � �.:�:� --�-�-`-=� :.:::
<br /> Borrowefs irrtereat in the praperty to the Trustea under the terms of this deed oTtrust In addltion,suet��Bonowor a�os3 that tho Lender zn� +.�`�:;. 11• :.. ` +.+ . ����
<br /> � eny other Bartower undar tfiis deed of trust may eutond,moditv ar make any other chanQea in tho t�of this deed o4 tius2 or the a�r.utud 't:�;�J�" + 'r. :;�t`�.,,,' ju��
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<br /> debt wlthout that Bonower's consent and wiih�ut roteasing thot Bflrtaxnr irom tho term�ot ttelo 6sed of trusL ',�„;;� °'� . .-�i,,_;:_°+::
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<br />. ' T1tu dWes and beneTite of thls�st of vust sfiall bind and bonefa the cuceessora and asEi�r>r.�Land¢r aM 8oaowor. ,fh,'t,tct�'afi' '�. , . :�•t,i,...
<br /> ` ' 18.Notic�.llr�lasa otherwiso roquiud by law,ar.y notice to Bettower ahatl be piven by Qeliva�i�it or by mai8ng it by certtfley caa0 aQdreasad to `:}4��i��'+� '• ' •'�.
<br />' f3orrower at the pro rty adQress cr en a�sr m:dress that Bonower has ptvon to Lender.Bortor�er wi11 gtvo any notico to Londer Ey eertil4ud , 'i,;.:�,;K' ,t1�: , .' ��
<br /> � � mail to Lenders�eas on pape 1 a!�ts d�ud of trust,or to arry other address whtch Londer haa Qeuipnatod.My mh�v notico to LenQar sha0 ;rt�t;�����;�:;t�:yy��',�• .
<br /> Ds aem to Lendera eddresa as st-u�3��o S of this deed ot trust. ";:)t•t'f�.'���,,'`-�?'1�,,`,
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<br /> . A+�noUce shat�be deemed to hm�a Ucasn n to Borrower m Lender whsn given in the mar»�ru��tated abow. '' ,, ,;.'"°"�"°""".:" _—
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<br /> tSf: Tnnsfa of tlu prop�rty or s R�flcir 6rt�wst in ttN Boaracnar.I}ai!or�ny part o4 tf•,r�a�•r,,erty or eny Inieres4ln it��ea'd w tranafnrood S,,'?:� . .. _ -_
<br />'�.i�'1 `. +xt��out LenQar'a prlor wrlttan conserrt, LenGar may demand imr�ediate payment o!ttie au+a:rad deh4. Lornder mro/ats�Cesnan0 immodiats > •� .• . • �
<br />:;��� payrt�ertt if the Bortowa�is not a natwai psraor�end a Denefioiaf intera.�^t irt 4l�e Bar.cRer ia sotd or vnrtsfesrod. Nowover, Lender msy Ra4 .` z..,:_ ��
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<br />::"��' demsnd paymarrt in the above bituations it it is{uaNitiRad try fedaral taw us af tf:a dai�o!�io�Sad o1 trusC , � .`�:':,.. ;:�'cy�,.:'� �
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<br /> YO.R�eonvsyance.VYhen the obllgaUon sacurcd�+y thia Qesd of Uust has L•ar.rt Waid and�.�:er h�c:c�iur�i�er obtigaTlon to make advarteoo � ;�+r�v�'��
<br /> unQei the Ir:.,�,trumerKs or egroomerrts aeeured by thia Ceed of trus4 the Tnistee ahat��nr. r.r.ttsn reLv�st bv tha Len6mr,roconvoy tho trurt � ::.• ��,;=��� �"`�
<br /> � ptaperry.l'he Lender aha0 dofiver to the Bortower,ar to Borco�var's succo.^wor in int�rest,v�rs+rust Qeed and tha nato or othor ovldenoo ot'ttu •• � ' �'�` , �
<br /> ob6gation so saU�ed.Borrower shall pay any recordetion costs. `'%";�"""r :;.:�;;a:, .�-
<br /> �Y.'Sf'�.t.. . �_���.
<br /> • P{a, ' __
<br /> 21. Suce�ssar Trustw. Lender. at Lendar's option, maV romova Trusteo ond oppoint a succesaar trustee by fUst. mailing a copy oP U�y :,,$�,��y�v.:�- '=
<br /> substitution a!tru..°��+:a�oSeaUed by eflptieabto Iaw,and then,�y fiting tho cu6atitWon of trusteo fa raaar9 in the o9flas o!the ra sster o4 Qoadn � ,•. • •K y;�t; •°._ .
<br /> of each courrty in whlch the trust property,o►some part thereot,is sfNatod.Tho suecossar tru3teo,witt�aut comro(anso ot t1:o propor¢y.&7wll �. .;•y.����i„��.,,;
<br /> suaoeed to all the power,Quties,authoNiy and titie of the T�us4ee named in tho Qead of trust and of any sueco�or trustten. :;.�;. ..
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