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<br /> • 1. PaymEn2a. Borra:ver agrees to makv ak paYments on tha secured debt svhen due. Untass Borrowar ana Lender agres os�nda. �aY . _. -
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<br /> paymenta Lendar recsives irom Bortower or for Borrowefe benefrt wip be appUed firct to any amourrts Bottowor ov�os on tha sesar�i d,iht �� ----
<br /> exdusive of interest or princfpa7,second to Inlarast,aNd then to pflnetAal.tf Dartiai Drepayment of th0 securod doht oacurB far any re�s�.1.it w:'9 ` � �
<br /> '• not reducs ar exevs0 eny eehaduisd paymenl uritil the seeuead de�t ts�pgtd in full.: .: '
<br /> �� Y.Cfaims A�as!TiB�.Bortower will pay all ta�ce§,assessrnertls,and vth�r ch�rge�etvibutnbSn to tho proparty wfimn duo and wifl Ga4tnd ti2ts � . �
<br /> ' to tha property a�atnst am,r dalms whtch vmuld(mpair the Ilan of this deed of trust.Lendsr mnY requtre Bona�ver to assipn any riq.'r.s,cLg:T.s ar � �� . '�`- �
<br /> defenses whlt��orrower may have againut pttrtlsa who suppry labor or materials to improve or mAiirtaln tho proportV. ��
<br /> • 3.Insurzneo.Bottov,rer will tcaep the Rroperty ir.sivad under terms acxeptaDte to L3rxfcr at Bortn�vsr'e expense anA for Londer's t�rrbfR.AU - . �
<br /> � insurenes poGdes ahafl inc(ude a Btendard mortpaso dause in favar of Lender.Lender v�n11 ha ntunn�na loss payoo or as thv insvred a�anY suth
<br /> insurance poficy.Arry insurenee proceeds may bsap aIIsd,wtthin LenGsr's discration,to eithet tha restoration or repair of tha Qamsyt�pcap�rty �
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<br />' - ,� ar to the secured dabt If Lsnd�raqutres mortgage insurance,Borrowst agtees to maitnain buCfi InSUrance for as long as Lendtir rety.�rc3.
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<br /> 4.Fao�►ty.Bor►ower wit!keap the property in good condrtton and maka eli repairs reasonebty n�cessary. - ,-- .�
<br /> �t 6.Espanraa.Borrower agrees to pay al1 Lender's eupenses,inciuding reasanab!e sttamaya'fr�s,if Bono►var breaks any covananta ic►thK daod '
<br /> of trust or En any a4:igmtton secured by thts Qeed of UvsK.Bortower v+n'�pay theso amauMO ta Lendor as provfdad i�Covenar.t 9 at tl�sc dsatl ot �.,; -
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<br /> 6.Pr[mr Sswrity trrteresta.Un'.=,ss 8orrower Tirst obtain9 Lender's written consart,Bwrn�var wi9 nat make or pertnit an}t ctear�:s ta sny pri9r .._ _-,;, .._ ,:�: , . ,:
<br /> sac�ity im�tests.6orrower wE3. :�torm all of Bortowere obiigations under arry prim m�rtgr.�s, doad of trust or other sewnty�y esm9M, , _ _v��
<br /> ' ind�ng Borrov�rer's covanarrts t�saka payme�ts whan dua. - --
<br /> � 7.Ass1 of 6toMO and Pt+¢»:t•Borrower assigas to Lendet the renis and pfafite of tha preparty.Unfass BccT.�c:ver and LenG,.r hs�e tpaeed -=
<br /> ',`_�, otha e in vrritin�. L�arrower may cotiact artd�etain the rerrts as long as Bommvsr 1s not in defeull. If 8eevm�srrs defautts, Len�r,t¢:rrd:t's ', .
<br /> � agent,ar e eaurt alD�ai�:ad receiver may take possession ar�d manage the pac�partY and coituct tho rofrts.A..»�lender eol:r�tas ahs3 tra . .... -,�
<br /> � . applied frrat to tho�of muri�qing tne D►eDmry. includin�caart costs arrd attomeya'teas, commissions tv c�.�al 2gerr,s.en4 any aih�r . _-
<br /> • necessary related w¢x�rssas.Ths remaWng amount of rertts ve�U tE�n apgty to paymarttc on thu sacured dabt as prouidad in Co�n�st 1. '''<'�"-� ' -
<br /> • 8.l�shdds•C�itumr P�d Urit Dsvdopm�rKt.Bcrra�rr to camply w;Kh tho Provisioos of any�ease i4 tn�drm4 0!tnsst is on ~�. _ -
<br /> a leasehold.I�th[s d�d of trust is on a unit In a condaminie�n m a p�ed uret tlevaiapment.Horrowar will parform afl a`.��ssa�w�'s duiles ._,s°� - �'
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<br /> " undar the covenams.,:b�r;aws,or regWationa of ffie condomtnium cr�1�n�J unR davalapmarR. -
<br /> 9.A�cthsdty o!L�[tt�r#a Pa�rm fw Borrowa.If Bonowar fa7s to Osr:orcn anY of 0onowar'8 duttee u�det this deed of truat tsau'er mny .`""° �J � -
<br /> perfortn the duties crr•ceuse tham to be performed.Lender may sg.�Barroasar's rtams ot�oy nny amount'rf necessary for peefcrm.:�.tt any ,�;;.:. .
<br /> conswction on thapr�rty is discantinued or not carried on in a*e�:a marinor,I.an ot moy do whotevar is necessary to Gcviet�t Londst's ���;�u._. ._;� • ._ •- �*-s=
<br /> - _ security intetest in the proparty.�iris may indude wmpleting the aanshncti.n. � -,-
<br /> r . Lender's fa4ure io perfcrm v�n1i rrcc u�edude Lemler irom exercisi.-�rg arry of fte athet rightc unQe�tho low ar thts daod ot trust. •��,_ _ _ _ _
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<br /> •" Any amourrts paid�Lender to protect l.ende�s aec�uity IMerest v�iD 6e s3dned dy Yh[s doad ot trust.Suda a��.ums wiU De dua an t3emand � � ��• '"':,`s
<br /> ,`�rt� and will bear iMert�^¢��m the date of tfie paymantuisa'i paid in fu11 a¢the imFrreat rato in eHact on tho securs^r'�t. -��+�_
<br /> � 70.Datautt md AwLraHm. !f Borrower faits to make ar►}r F=���wl'rar►due or b:oAko any cmronarno��s►thla daed o1 tnest ar any ���,�( :
<br /> oEllgation secured by this Eeed of trust or arry prlor mortgage a.�ssd of truat,I.�andta mtry aoaetorate tha mubuity of tha sea�r.�J d�bt and t ,
<br /> � deman4 immediate paymeM end may(�nvoke tfie power of saSe a:r3-ariY oinar ramsdt�parmttted hy appticebta law. �. ;`
<br /> 11.R�at tar R�of O�fauft It is hereby�aquasted ah�oqaiss uf the�rotices a!d6fsutt ond sa1�bo sem m eacfi persa:s wsea'ss a party `' �
<br /> • � heteto,at the adQr�ss�of eaeh suth porsan,as sEt farth hareue. � '_
<br /> - � 12.Powar af Sak.�e{s5�s Lendsr imrokes the power of saie,ttce reusme s�aU ffrat xacord in tfio offlae ot tfie ragtster of deeds o!esah cerr.lty ` ��' �,:
<br /> xAwrein the trust p:3perty or eome D�a parcel thereof is sir.�d a nottce of de4nu�t corrtainlnp tho intormation required 6y law.YM,Yrustea �
<br /> shal!also mail copies of ths not'saa of dafeutt to the 6onower,to r�syh person wha is o ptsty horeto,and to otfier persons as presm�d Dy .
<br /> � ".' ep�''.�eah!a law. Not(ess than an�month after tho Yrustae rexi�s me notirs of defauit or twa morrths tf the trust pro�rrty�s aiai tn arry �4.
<br /> .��j `, inza,'�arntod ctty ot vi^_ego and is used in ferrt:tnp o��eraUons car�ad�an by the trustor.tha'�rwPT•aa ehaU give publ3c not(ce ot�zi�t�tho p¢raans ` ' �
<br /> ���� end in ths manner ProsctiDad aDODh�te taw.Trusfee,witliaut demand on Bonowtr,sfi�l��'10 proparty at public au�3sis.4�i1a Q►�}►est .�,. —
<br /> ` ,.,7;,, b'.�der.lf ruquked by the Farm�omestead PratecHan AcL Trustea sha0 offer tha p:oparty in twa sova�to sa'��reQu�ed�f�D�'�����: >�,.�,__�-
<br /> —�.r� Tni:t�^.rs��Ro-'!po-�satz of r!!or nm;p�s*eef of��►r+!e�r*_y ny?vhl:o answunoemart!rrt ffia N*ne an�!QI�!c�_ �.,�^�...:"�'�..o,.«W ,. .
<br /> ` �r• Lend9t oT ftc desiqneB may p�uchase tho property at eny at�te. %� �°
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<br /> ��� U p o�reesfDt of paymem of the p rlee bid,T�ustee shatl deliver to tho purt:haser 7tusTOO's Qaad eonvaying tha property.The ee�cal�eoeett�ed in ��� �
<br /> Trus2¢+a'3 Qead shaU 6e prlma tacte evidience of the tnrth oi the�manta con t o 3nad t hEro f n.4 h ustoa s fia U apply t h e proea e d x a f�t h e a a 7 a in t h e ��p�
<br />� " toR:uimg a�der. t� to a11 expenses of the sete, inetudmg. b-aa•not Umfted to, roasons�m Yrusteo's teos, reasonabfe er.t�rr•ay�s tt�a and •��:�,���
<br /> : a
<br /> • ` reirsrsmxnment tees;(b)to otl suma socureA by thle deed of trust umi(c)tne balanco,it•nny,to th�por�on9 iRgaliy errttUed to c�+ati�a R. !�="-�_'� -
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<br /> 13.FoncWs�r�.At Londer's optian,tfiia deed of msst may be forealosed in tl�o manner provi�o by nDpiioahlo law for faroctosut�01 at»rtgsi,�a '� - ° ,.;��,.: ..
<br /> on rea)ptaperty. = '�-
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<br /> 14.lrs�cQon.lender may er�r th9 property to inspect it if LarvJer yives 9orrower notlmo botorefiand.The notico must st�:,a the rcrosoa►sbla "`°_
<br /> cauam itzr Lende�s InspecUon. . ��' .
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<br /> 96.Zhns�rr�sttoe.Borrower assi�rw tu tenQa►the���p9a arE eay award or ctaim tor dtmo�aa ennne�ed with a condemsstirm,cv c�lrcr ta7rhr� � ' ,;, -�r , -
<br /> ,.' of�.6.ar arry ptut of ths ptoperty.5uch praceeds+�.61`�be trDDtied as provided In Covenmt t.7hLt assEgnmorrt ia 5.7�8C[t0 tY.B L'EttrA G�8tcy p[{�3K ��.�,.,�,._.,�,_.,.
<br /> � :s�� seauity a�eemeM. —
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<br /> � • 18.Vlaiw.By exerGafnp any remedY aveilabia to Lender,Lender does not giveup arry.rightG to tatoi uso ar. at!"8r romeQy.8y not oxerci�Yng ,. _
<br /> � any remedy upon BoROwer's dsfautt,Lender Qoes not waive amr�ight to later consklfQ,iha m�nm a dofauft it it�iappona og¢irL '_ .µ.'�'�
<br /> ' 17..!o➢nt�d S�wnl StaL�tv; Co�lpn�n: Sueeasson fnd 1CSx��Bo�d.AU dtRias undm tfiis dnnd of trust are jnir�c a�u;sevaJab.Qrty f ���r -"'—�'--__
<br /> ' Boaowar who co-sipns thi�deed ot Vust but doea not co�.t.�[a the undertv:og ttt2tt inrnumontlL1 doen so onty to grssc au�4 ca•v.�r that �
<br /> Borrowar'e irrtarest in the property to the 7rustse under the te^mu oi tAis deed oi ttiut.ln udtliiton,such a Bortowor aprees�SvTC L"rv lie�d.:r end �'"— -----
<br /> � . ar�y othet Borrower under thla deed of trust msy o:tend,ma�Hyr ar mako any m�vr ohfln��in tha torma af thW deed ot tn.�t o�tt�aa+:wu� ,_____ ___.'��__
<br /> dsbt vrW�wut that Borrawe�e canaent and wiUwut reteasing thar 8ar►owar from tl��to�m9 o th!�dood of trust. l��,�,,;
<br /> . �`. The dutios and baneftte of thts desd of vust shall bind and ha.�stTr a the successors snd ase}�nt oi Londor end Bonower. ����-�
<br /> •"� 1S.NoHc�.tlntess atherwiae reauired by law,any notieo to Er.m:�iair ahafl be piven by da1'��nrFnfl it or by,muiiin it -- �
<br /> 8 bVi certifie�nsaif adChcssd to ; i;�...:-.--"==� -.�.--
<br /> � ` Bortower at the proDertY adQress ot a�I oiher address that Er.rra��,.ar has Nvan to Lt�ndEa.Bmrn►vm w�fl gtva any noUc�ta LrusrG�r by oertiff�d .-�--�
<br />, ��:;;,;; maii m I.ander's addreas on paps 1 of this Qaad o1 tra�ss.ar ns drv�oU�er adQreu wAicb Landsu has dnsl�natod.Arry other n:alaa to lcerStr ch�9 �--
<br /> �,��j:" be 6ent to Lenders adtUass as ctated on page 1 c"rsi¢cma�t��:^�.�st. �-�
<br /> � �,{+� Any rrotlee sh�U be doemeA to hava boen given�i3arrr�nca ar Lm�:Ar when g�►vm�n th9 mcnnm atc+tod aboti�r. �'---�-w...--�=i��"'-:-
<br /> 'j 9L�Tiantiw of ttN prapsrty w a BartsRclat t�rost(n�ss Bdmrx.cr.l}ail or any put oi tfio pioAer4y or any in:orost in i2 iss an(�or v�;cNad ���_
<br /> # wi�hsat Lender's pricr wrimn consent, Lender may Qemand nccm�.°Ciete payrt:ent o!the aauwcrJ dobt. Lender may at�o Aemnrsd i�mmd'sate •���- .
<br /> , � de andiPaymeneln tl�eabove eituatlons it R is prohit�ited b fcd�r4 taw eea of tho edaBe of tt�i'.m do�d o t�ru���od.Howerar. I.endet may not - -_��..-_�
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<br /> 20.R�eom�ya�cs.Whan the obllgatlon seuued by tfiis deed o4 trust has been paid arrd Lendcr bas no turtho►obHgsHon to mako zd�nr�ces w
<br /> � under the instru�m�or agreemems aecvred by Ws dnad of trust,tho Trustoe s�atj uyan wrltton roq occ by the Londar,racorr�ey tt,v�Vust ..�-�:o�a •
<br /> � oD1lgsUon co aatisfledeBono�wer shail pary er�iy�n�rdaUongco�ers successw in intorest,ths ttutt dosi�and tho note or othor evidmnc�a1 tAo __ _�
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<br /> 21. Succ�star Tasw. LenQer, at Lendor's o�ion, may ramove Trustee and appolnt a ssuaas+scnr ttuttoe by firct, maiUitg a coWy o?tho � T� _
<br /> subsfiMlon o!trustee as requhed by eppticaDte aw,and than,by filinq tha substituUOn of truttos for r000rd in tho offico of the rogistea M d.+ed� .,_��,�-, —
<br /> of eaofi county In�vhtcfi tho uust property,oc some Cart thereof,is srtuated.TPie suceessa truston,withaut convoyance of the property,shi9 .;,�,���
<br /> � cucceed to etl tho power,duUos,autho�ity and titte of the Trustee named in the deed of trust an�of any succossar trustoo. ,
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