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<br /> L. Notwithstsndiag any of the language contained in this Qeed of Tnist to the wauary.the tera�s af tlus secdon shaU .. ;`:.°`�, _.
<br /> ess of an assage of rifle eo Lender or an}► . . �.
<br /> � survive any foreclosun or satisfaction of this Deed of T[ust iegrardl Y P '..`r�. ,;�.�`- a.,
<br /> disposition by Len der o f any or all of thc PropenY•AnY claims aad defenses to the contrary�re hereby v,aived. , : , ,-. . �=
<br /> rivate or public °'�.. t . `°:"`
<br /> .. ?A.CONDEMAiA'TIQN. C,,tant+ar will give Leuder PromPt notace of any sction, real or threaz�ed. bY P :` �:. -
<br /> M mcluding say�ts.thruugh eondemmatiea, eminent damain, -.
<br /> ent�dss w purchase or take any or all a+f the tPtoperty,�er of any proceedings instituted for ths establishnnent of aay . . `=
<br /> or any other means. Gren�tas further agr�es n the Praperty or any part of i� •` . ,,.- �"'"-
<br /> or other dimict relating to or binding u�a ° ��" '�•
<br /> �� F�+Cl, tYBLCi• CAIlS£i1►2I10A, �tC�.dlfl�3$�' 4y ,,
<br /> • Graaior authori�es Lender to intervene in Grantor's n2m:in any of� to Lend the proc�eds of any award����►f° . ..
<br /> and receive all sams resuiwng frost the astioa or daim.Gr�ator assigns art of the Property. S�cfi gm� �� -_ --:-_ -- _
<br /> � dzmages canaected with a condemnaxion or other tasIng of all or aay p of mceeds is subjed to the .
<br /> -':;"•; considtxed payments and wiU be applied as pmvided in this Deed of Trust.'This assignmei►t P ' .-
<br /> ';;; ter�n�of any pr�ar sec�riry� - - � -
<br /> :;f.r, � _..,>i.. ,;,:..,.�...
<br /> � 21.I1�SUItANL'E.Gra��flT a$xees to maiatain ims�uauce ag follows: pro�y insuied a loss by fue� J� ' • _ `,L.�n�..• r•. .
<br /> � A. Ccranior sh�tl keep the impmvemzats no�v ex�sting or hereafter built on the S� ... y.:
<br /> hardrds insiuded wi4hin the term "extw.ded wverage" and any nther hazards, including floods or�that Ixnder ;�7-`� .°. ;r f.
<br /> �is insvzaufle shall be nuaintained in the amownts and for the perio . , , �'�f�:
<br /> :' wlrirb I.ender re�Nises��• the insivanse sha11 be cha�en by Grrantor subjed ta L.ender's appmval. �. '.s;� :,��;• .
<br /> � ssj ,''SSf�
<br /> �q�i�s.'Ihe insurance ca�rie�Froviding n descn'bed above. Ixnd�maY• .�a�.. :
<br /> withh:ld.If Grantor fals of �'" y,�a;�
<br /> '. which shall n�t be uateasouably to maintain th�acco��d'm to ths terms of Wis Deed "`�� . .,Y��c;;��;'.:�?;<'--
<br /> at Lender's option.obtain coverage w gmt�cc Lendez's rights in thE Pro S � �.;` -__
<br /> . �� ' �.� .4µ�;.
<br /> � T1115�. , -•'t�;'i';<lc f._
<br /> e •,<fjf��r��s
<br /> be a st�fird "mortgage clanse m,:.�•`�s.� 4',;:���r
<br /> table to Ixnder au.d shall inctude ;;,5S, �� "5 � .
<br /> . qll insorance policies aad renew�ls shPU �� 1 no I.endec of canoellai�on or ��,,,.. ,��
<br /> . and, where applicable. °l�der loss payee clanse. Granior shall im�ate Y�ru�Yeaewals. If I,ea.der requires, . ;,a�� '�4f;�`.`:`.�r
<br /> e ins�uun�ce. I.eader s m a l l hnve the ri g ht 4o hold the po U n loss C�aator sb�all ,n;�� ,�c.;t',�,��
<br /> •: ic�mination of th ve to Lender all recelpta of paid premiums and reaewa!nodoes. po , . , � ..<.�. F•«.;:•
<br /> : Grantor ct�all prompdY Si emi . , .
<br /> � cazrier and l.ender.Lender may make Proof of loss if not mad�pmmPUY�Y :,< f,,,<< ,ff�:,��f
<br /> �.. g ive p r o�t nodce w thE inv�uance �c��.!
<br /> �•
<br /> ' Grantor. � r .. �&""`+:��
<br />. roceeds sball be appl�l w restoration or repair . -"'�`�'��'`
<br /> UBless I�ender and Gtan�nr otherwise ag�ee in ariring,insnrance P . . �,, -;-;'
<br /> , � ��� . ,,.�: ...,:
<br /> � of the Propezty damaSed if the restorarion or iepair is 000aomicaUy feasi'ble aul Leader s security is not lesseued. 1._ �
<br /> �� .?. ,
<br /> ff the�staranon er re�air is not economically.£easlble or Lender's seaulry would be less�ned, the�� . �l;
<br /> lled to the Secured Debt,wDe�iner or not thea due,with any exoess paid to Graator.�er has ,�=-5�.;`��`-
<br /> paos�shall be apP "'-` -
<br /> �?t;.%.'" a�",�th�ProP�ty'• o:does aot answer aithm 30 days a nntice from Leuder that t�e insn�auce
<br /> mceeds.I.eader may use��psoce�ds w r�pair or `�
<br />;":t:,:.i:,.'. offe�to setfle a elainn.ttica Leader�Y De6L a h����p�due.'I�te 30-day peaiod will t�'n.when�he s�i.�
<br />���7:�.4':� �ore the Properr!ar to pay the Sec+ued � �,�``,:�..-.
<br /> �f , P�� . •
<br /> �7 � aotice is�ivea. �
<br /> eu. ' ..
<br /> hcat�on of ma�s to g�iPal sha11 not exteud or � ;.'`'�� ;
<br /> , Unless l.�ds�r an+d(i:antor otherwise aSree in writing,aaY aPP� p .
<br /> postgone ths due date of ache�idulod paY�nts or chanSe the azmuns ot the payrnents.If tha PmportS►is�� - ;s�- � •
<br /> u2 s e w the PmpertY •. • . •
<br /> .�� ' hcies and proceeds msuiting from damag , . _. . -
<br /> - Lender,Gransor's �Ight w auy Ins�uaace po' befoie the acquis�tioa ; ` "`°�. �--,
<br /> � '� iflon sh�ill pass to 1.ende�to thE excent of the Sec�ued Debt iamuQdiEtely . t:�•�. �-.
<br /> .,' B. G wr a�ees to�ntain o�mpzehguslve geaeral liability insuiazice namin8 I.ender as an addi3�ona1 insared in an .' ,s. .. ., , �.
<br /> .°° ' am�unt acceptabte to L,�der,im4uiing aSainst claials adsjng fmm any accident or oxurrence in or on the ProPcrtS'• ••._•_:- ' �•.,�''�.�'__
<br /> to maintain reatgl lo�s or busin�s inte:ruP3ion insurance.as reciuired bY Lender,in an amaunt equal
<br /> • C. Cnantas agr�,es ..�.---
<br /> escrow accouAt deposits G,i�agreod to sq+arately 9n .,�. �.
<br /> �.• :'t' ' to at least coverage of one year's d�t servtce,and required �,��,- ...
<br /> ` j : writing).under a€orrn of policy aocePtabt�w L�Er. r�^�
<br /> ' %!;i ' �
<br /> � 2�:NO ESCR�W FOR TAItFS AND INS[JRANCE.�:L1�s otheswlse pmvtded itt s t�i�wa-'y'�'�ement,G�or wW not ',,:;:�'�t��,°it ... .
<br /> � �;.�._,:... �=:
<br /> ,,.� for taxes and insurance in escmw. �� .
<br /> . . . be requ3retl to pa3►to Lender fimds ,�^. ` • _,. ,
<br /> 23.FINNANCIAL REPOATS A2VD ADDTiTONAI. DOC[JAIENTS. t3rantor will pravfda r� II�ecder upon neqweat,�anY --. _ .�;;.�:�-
<br /> .�, ..
<br /> .:, ���•' ` f i a a n c i a l s t a t�m e u t or informarion Lender may deem neoessarY. Graator w�ss�t o r a g r x s t o s i g n,�,�d "t•��-�"�:
<br /> ..�� .._ :
<br />��%,��, . • information Grantor pmvides to 1��st an addiflonal documents os�,��e�Leader may consider necasary to �, . —
<br /> ffie as Lender may txasonably requ y '
<br /> t perfect.car.J�..nne, and preserve Gmntor'�obligations under this Deads of Trust ard:�er's Iien statas on the Propert�►.If ;.�: :i�
<br /> :..,�.�.
<br />->,,':,�.;�`;� Leader m�Y siga,�.iver.aad file such dr,�a�or certific�tes ia�antos's name aad Grantor . ':•- __.
<br /> :�, �yr'unwocablY PP��Lender or�.�:�r's^�r�as attome�:;:act w do r�;things ar��ssarY w comply wlth this .i . , `
<br /> i�. �:'.�- . `rl°'_
<br />��:::`a� ��.
<br /> .::�lf ;:.-. .',�..
<br />..:t�i�:..�} ' ---
<br /> � ?A.dOII�iT AN�D INDIVIDUAL LIAHILTi�Y;CaSIGNIItSi SUCCESSOZtB�t�SSIGNS BOUND. All duttes nmder
<br /> ,�� this Deed of TnLSt ate jolnt and 9ndir�9. If Granwr signs this 12�i of Tn:s's L�e3 das not si�the Evidence of Debt, '°'�
<br /> � '' Gra�iWr does ao oaly to mortgage GrraL�r's Interest ia the Propext� w secare Fayment of t�:secut+ed�t�of Ttust �:".,,,��;:'��
<br /> ,yt
<br /> ;'''°�; .,_,r� doea not agree to be p�sonally llah2e on the Secured Debt.Grnmto�zgrces that i�der anA�..-�FartY �;....�..,. -�;.
<br /> �k,ti-�_w. _�,
<br /> may extend,madify or m�any cbange in the tems�of this Deed of Tnut or�h:Evldence of Debt without Gr�ntor's �tk`�E,°LL,�_-JY_�.A, ,
<br /> conasat.Such a c�aage�ill n�t release Grantor fro�n tli�t�ns of this Deed of Trn�: The dufles and be�e5ta of tbls Deed �,�_._�
<br /> a
<br /> � ' of Trust shall bind and benefit the succ�sors and ass:�:.s�.:f Grantor and Lender. ��-•�=_
<br /> �:c•:�;,._
<br /> . � tsr�ran Lender and G�rE..-�,�x and does not directly s2�ure the obligatton wh�ch�S �:'y,�,s„;
<br /> � � If tlus Deed of Trust seaues a guaranr�' an acxtoa or claim a Grantor . .. �� ----,..
<br /> , . Suaranfled.Grantor agroes w waive any rignts th��J P�e�Lender from brin�in� Y 8� i�-t,__
<br /> . �� or anY P�Y�bted unEer the obligadon inciuBi��..h�not limite�to,aad-0ef�r�cy or ono-action laws. *.�,�.:z'° ._.
<br /> . ' ,�.^.
<br /> . ZS.AFPLICABLE LAW; SEVERABII.1'�'Y� II�"Tfi?�ETA'i'�ON. 'Ibis Dced cf T=ust is govemed by the lawe of the °��:�,:.. ..,; � ,
<br /> . . jurlsdtction in ahich Lender is locatal,�cept to the exteat otherwise re4►d�ed bY the lav+s of th�jurisdicdon where the , .y . ,.
<br /> 'Ibis Deed of Tiust may not be amended ur ' � �,._�
<br /> pmpertY is lacated. 'IUis Deed of Tzust in oomplete and fiilly integrated. t related to the '. �` ': ..
<br /> � mndifced by oral agreemcnt. Any secuon or clause in t�is Deed of Tn�st, attacvments, or any agreemen �' °
<br /> ec'
<br /> • Secured Debt that cont7lcts w i t 6 aPP l i c a b le l a w w i l l a o t b e e i r t c�t i v e,unless tlsat law e x pr�sly or impiie�ly pemaits the .
<br /> v a r i a t i o n s b y aritten a g r o a n e n�If any section or clause of this D�eed of Tn�st canaot be enforc�accordin8 to its tetms, _ _�,. _
<br /> that section or clause wlll be severed and a+ill not affect th� e n fo r c e a b i li ty o f t h e r e m a i n d e r o f t h i s D�e d o f Trust. -j;,.2. .,
<br /> � � � ���rer used, the singular shall include the plurxl and We p�ural the singular."1he captions and headis�gs of tae sectians , � —_
<br /> • '. of this Deed of'�'nut are for convenience only and are not to bs nsed to inte.�pret or define the terms of this Ueed of Tn�st- , �.-..
<br /> . . ....-•.�x-�-,.-::
<br />• • • Time is of the essence in this Deed of Tnist. . . . . �
<br /> • Fago b ol 6
<br /> .�. . �7993 Buaiian Systcm9.trc.St.CbuA.►dN�t-8pP39733411 Farm AO�C0.D7�NE 41893 �_ , ,
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