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<br /> COVEIIIANTS a��}�!��� - .`
<br /> t. Paymcr�ts. Bonotivor agresa to mako a!t �ymaots an tho seeuresd �iebt wRen due. Un:eae Eflrrawnr nnd Lon�oi o��`1�e�i�a n vna, any ; _ • -
<br /> paymenta Lender racoivas fram Bono+nror or os Bortovrer'e bortefit v+ri��6s epplled Fret to eny amuunta Bonowor ownn on th�eeurrd da�i
<br /> exctusive ot�nterest or prindyal,secoraf to iatereai,and tAen tn princiAai•if partiat prepa}m•�snt of the semurod dabt occura tar any rotta�,rt�vd%1 � _—
<br /> not raduce or excuso any schedulad paYmant until tha sscured de�t is pa19 in fui1. ; _
<br /> 2,�S{my Apetnst Tdti�.Bmrower wiU pay a1!tezes,e��aunartts.and othar c�+erges atvibutable to thn ropoitV whan duu and wiD Getw]titt�
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<br /> rty -irtr�vhlch+voufd 3mgair the Gen o!tNs deed ot trust.Lendor maY re�ubA{Iana�vnr to s�t�n enY Hg�+n.c't+�ns w _ --�'_.:_..�---';`r
<br /> 4 a t h e p ro p e aB a i n a t a n y d a
<br /> defensea wh i c h Bonower may have againat panit=s w ho supp i y la bor or ma t e r i a t s t o i m p►o v e o r m a l n t o t n t p c p r o p u rt y.
<br /> 8.tnsurane�.Bottowar will bcoop tha proper!y insured undas tam�e aeeeptabto to LenQer et Barrpwtx'ti ouponse und for Lendor's beTSCfrt. At3 �
<br /> in sur a n c e p o l i a e s s h a 1 1 i n c S u d e a s t a n d a r d mort8a ge ctause in tavar of landor.Lendar will be namnd nn loas ps�Vsa or as tho insurod 4n tny such �
<br /> or t�the�sew d debt�If Le�derpeq�es�ort g ge mpsuiancai B�o awer sg o�as to maiMa ntsuch In u nao fnr an long ea Londer a oq�vos P��
<br /> . 4.Proper¢y.Borrower will keep the proparty�n 9oad condition and make all ro�its rea,^.onably necesuary. _-;�
<br /> 6,Expans�s.Borrower agrees to pay alt Lender's expenses inaluding re8sona6te attomeys'feas,il 9attmvar hroaSc9 any covenants in thx du£d •S
<br />� of trust ar in any obligaUon secured by this de e d o f t t u s t.�ort o u v e r will pa y these amounts to LendDr as providbd in Co�ena�t 9 of th.x dntd of z
<br /> Vust. . r`_
<br /> 6.Pttor S�uaky(ntsnsti•U�1ess Bortower fir6t abtains Lender'6 written canserrt.Boaower wi0 not mAke ar pe�mit any changas to Eny prifli . ____
<br /> �u . . .
<br /> security irrtetests. Bortowet wiU peAorm all of Botrowa�s obligaUOns under any prior mortgagp,dued af ttuat ar uther sawrity a�etmsnt. ' .���`,
<br /> induding Borro�vers cavenants to make aatirmeMS when due. . �;
<br />� T,q���t o}g�q ind Profitt.Botrower assigns to Lertder tha reMS end Profits of ffia proparty Uniesa Bonower and Lertde�hs�a s8.'aed � '
<br /> othannse in wrtung, Bonower may wliect ar.d retain the rents as tong as Bonower is not�n dofnuk. If Bcnower defautw. Lersd:z.4end8r's ������?��<.�•,
<br /> app d f+rst toutfiepco�sts of ma agln0 athe DroPe►tY.nduding a�t eosts apndpatto ays'fees�cammissia 8�io rental agents,�arrt xny�soib2r - �-
<br />-- n2rn�ary reiaiad a:rm�'.Ttss re:s�a�et�ng amW^t af renss will 8t=n apAtY to paymams on the secured debt as previded in Covgnant 7. '--
<br /> rn '-�'` � -=
<br /> ��:� $ ��a�y���s;F7�mrd Untt Qc�c�marns•_Bor►cxsr agrees to comp►y with the provisions of arry tgese if this dea�01 trust is e� ;.':� ��rr;=
<br /> ?I; a Fs�aho{d ti:t��:�af trust w on a urilt in a^�c:dommiu.^�ar a pianned unst developmant,kionmvar witl pertorm afl of 6ano���YS mxc,ea . ; _� ;•,
<br />-,<,, �..,,..y-��oyc;.,�rrrs,s�y-lavirs,c��latinns ef�ae�:xfcminitt^�cr planned ur►ii devetopmart. y,�� �; ;�..(;
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<br /> - �. xa�r�:ty ot d��s�PaePa+�4m��uve. '.��e.:�cta-c-r gaiR tayertorm anY of Bo�r�.��duties un�2r this deed af tn:...�Lcn�sr^s�r� ,,�(�};"�i,- � ?•' .
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<br />:::,...�t �;T.�,e�a-sa::s�e�ra:r�c roa tia�-1^-raa.:.��s,:�:�r��s�ga Bortowor's name ar�cuy ars�amou�rt'rf rca�ssaril far eeT"o:�s:a..x- :7 m-� ,hP� ,�-`�:��.
<br />��r . �^�is�us'sac'�f.»�cr.m�t ta i�!^�n a�Easonable manner.Lv^"7'Jffi R.E}J.IO WlltIIBVCC"S R8C8S88i'ti SG 1�'.7°ES.'L�T�1F1�S w�,�y�; �'F, .'�q;::.
<br /> �?A� �'sc�s..���ha � II ci'�_ �5�,��4E�' .i: `'-z�s.�,
<br />�;?k?�+ sacu�'it��r.sta�",r. ,+ e�.��?.'�t�ta rr_�;�-�le comYte�rig irte vorvsuu �r�.�•_ '', ;
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<br /> ,''"'si La�9afs�aii�:t:..��rr.wi1:n��.-zziude Le::�er:`a�sze�isine anv Tf rrs ath�ri�Ms undar ti�e law rn this�sa3 af tn.�st. �7 . ,;.r.;:
<br /> �£;;a _ � s�`
<br /> � an��s�besr:�i�trest iro.'►41ta c�te of th payment un�P id fuG a2 L'ta i,r.a e5:ra e ioieffec[on th�c�od dCmbt�.u�w"7'b�c9us on d�'to9nd T� -
<br /> Y..: _—
<br /> �p,p�tat�Tt dRd p�ltntion. If Borrourer faita to make any paymeM whan due or breaks any covononto under this daed of truat or anY _'�` .°u: _� ,.��`.
<br /> taeTt r mo a e or deed of trust.Lend9r may acceterate tho maturity of the socutcd 6abt and .
<br /> obiigation seaaed�Y�is dead oi trust or any prio rtB 9 -- • :
<br /> deman0 immediate payment end may invoke the power of saie and sny other remadies permilted by epplionbte law. � �� . `i �
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<br /> t 1.Reptt�st for Node�of Difauft.lt ia hereby requested ffiat copies of the not�tes of detault and eale be serrt to each person who it e pSttY . uy;•,., �; '
<br /> � hereto,at the addresa of eseh such pereon,as set tortP+herein. .�,� � `��
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<br /> 72.Pow�r of S�ir.IT the tanQmr(nvoke�ths powar of oate,the Trustee efiall firat roeord in the office af tho regtator ot deeda o4 aaeh countV ., .. �•,
<br /> wherein the trust property or some pert ot parce!thereaf la situated e nodce of defauit ConUin(n9 the informaUon required by law.Tha Trustao ••.'.r,. a:
<br /> shslt atso mali eoDina ot tfie noUco of doftfult to tho Borrower,to each person wfw ic a party hereto,and to other persona an prescribod by
<br /> appfieabta law. Not lese then ono month aRer the Trustee roeorda the noUce of defautt, or two monthf(f the trust Draperty ia rot in any '� ;�1� �
<br /> incarponts4 city or village and ia used in tarminp ayorattona carried on by the uunmr,the Truatae shatl plie publirs nottce of saie ta thr�patsatts '�F
<br /> and in tho manner prescribed bY�pppti�abte law.7rusteo,wlthout demsnd on 8onower,sh�ii self the proporty et pu6lia auctton to tho hBhast 1 „�,,. "
<br /> btdder.If required by the Farm Flomestead Prot�etlon Aet.Truatee shail offer the proDerty in twa aeparate snfua as required by apD��s�8W �• ���'
<br /> Trustee msy postpone eats ot�tl or any parcel of tAe property by pu6lta announeemant at the time and ptaao of any previousty echebJled safe• ' +� ` d
<br />- Lend6r or fte Qefignee moy pureha:s ths property et eny oato. -��-�rj� -�'-
<br /> �`7±;.%. �
<br /> Upon receipt of payment of the prlce bid,Trustoo shail detiver to the purchaser Trustea's deed convaying ths praperty.The teait(a(s c�-PMin3A in _�71�.;,;
<br /> Trustea'a deed shall Ge pHme facte evidience of the trutt►ot the smmmenta contalne�therein.Trustea sfiail apply the proceeds ot tho tay�in the , ., :,j„ .
<br /> foliowing order: (a) to all expensea af the oato, tnctudinp, but not limked to, �easona6ie Trustee'a toon, reasonabie attorrteVo tcas and ,_ ��;
<br /> reir�ststement faes;(b)to all suma aecured by this deed of trust,end lc)tha balance,if any,to tfie persons l�gnliy entiUed to receSva it. .,f�„r
<br /> '�1lY' �r_.—
<br />'� 13.Far�ctowra.At Lender'a optlon,thia deed of trust may be foreclosed in the manner provido by appiiaoble law for toreciosure of m�rt})agss 5�,,..:-•r �;�>-'
<br /> .,� .wrrra�.�i.v.
<br /> . an real praperty ;-'��,�„-���
<br /> 14.Iray�etlon.Lender may errter the property to inspeet it if i�m9:.r�ves Benower notiee bafcrehand.Tho noUce must staro tho ressonab!e f�',' ,
<br /> causeTOrlander'einapactian. �';i't" A ,5�;,,F:_
<br /> � 1C,Cond�nnttlon.Bonower essigns to lendor the�roceeds o?z�r award or ctaim for damages connectod with a condemna'•fan cr oitrtu v�tl�fr� f���
<br /> • o!a7 ar any part of the property.Such ptoceeds wi I be app��ts ptovided in Covenan!1.Thla asargr►mam is subJect to me ter:��!e�s�p lai�.� ;`• t` °
<br /> - sxa.YSty agreament. �
<br /> tFy�
<br /> 18.Waivaa By exarcising xny remedy availabte to Lender,�ra:�does not giva up any ri�hts to Iater uco any other rer.iefij_By nai extircisiny f���� �..� .�'.,,���
<br /> any remedV ua�n Harrowere defauit,Lend2r Qoes not waive c-..��rigM to later consider the evEnt a datautt if it happena agam. c��r �.—
<br /> �7,Joi�t�a�svnl LiabiGty Co3tpn�rs; Sacc�sson end A��l�s BcurtrO. .Ail dutles under this deed oi trust aro�oint and s�rual�. Any `'�'� -�'"-'
<br /> � Bortower who eo2:Sn9 thts deed of trust but Qoes rtot co-sign the unC�tymg debt instrument(e) daos so onty to grant and connsy that I.�f:�:-�,a�iiii�'..':
<br /> Boaower's inter>t in the property to the Tmstee under the term�ya of tht9 deed o4 trus�.ln addrtton,such a Borrower agreeo that tho 1.�a4er and : �. �`--^�
<br /> dobt�outrcthat Borr�wersica�in�sem�and wttho�ut retaasin�that Borrower from thg terrthis of this deed o tr�thfa deed of truat or�securod �-�-----.• •'.••
<br /> .j
<br /> TAe QuUea and benefits of thla deed of trust sfiall btnd and henefR the successora end asslgns of Lendor nnd Borrowor. ����;, _,_ .
<br /> ' 78.Hattc�.Unlesa oiharw(se requlred by law,nny notice to Borrov�cr chan ba glven by deliverinp tt or by mufling it by certifled mai!esl�tt�to F�;=°'!��14'�"4'��`
<br /> Borrowar at the O�oparry addreas o�any other eQdress that Bottower has glven to Lender.Bonoww w7J Qlvo any nattue to Lender by oaT�ied • �� .`"',��,°'.�?�"'`
<br /> maff to lendere eddreee on paga 1 of thts dsad ot truat.or to any other addresa wh1cA Lander has daciunatod.Qny othor notico to ls�6tr sfiaU �,�i��_;.
<br /> � be setn to Lendar's aEdresa ta stated on pape 1 0}thla deed o!vus� " ;:��'?3.����
<br /> Arty noUce ahall ba doomad to have boon gtvan to Banowo►or Lendor when glven In the manner statad ebove.
<br /> i9.Tansfel of ttu Pray�rty ar�iuuRcisl krt�rat In tn�Barrow�r.If all or eny part of the propertY or any intmont In it Ia soW or trtr�ferrod �; ��� . �_�,..
<br /> without Lender's prlor written coasant, Lender may demand immediate paymertt of the socurad debt. Lender muV elso demand iwned:ato � r :_
<br /> ° payment if the Bonower ia not o naturel poraon and e beneticlal interest in the Barrower Is sold or tronsforrod. Howovar, Londe►n+aY not ^,.q.�r._ .
<br /> demand payment In the above oituationo if k ia prohibited by fedoral law ae of the dato of thls dea0 of uuat. ' ��`� -
<br /> .. ��.
<br /> 20.R�eon��yance.When the obtlgation secured by thia deed of Vuat has been paid and Leoder has no fufthor obflgatton to mako ad�rancos �• �
<br /> uaQe►the insvumante ar agreemente aecured by tMs dood o4 trust,the Trustee chalf,upon writton roquost Uy tho Londor,reconvoy 4no uuat '� • :;�:'_:.
<br /> property.The Lender ahall delivor to the Bonower,or to Bonowar'a successor in intarest,tfio uust don8 nnd tha noto or oihor ovida�eoo of tAa
<br /> obtigetion so satlsfiad.Borrower ehetl pay any recordaUon costs. ,,.'�`�� �'. , _
<br /> 21.Suce�aor Trustu. Londer, at Lendor's option, may romavo Trustee and appoint o suaeossor tructoo by flrct, maiting a,eoa� of tho • _
<br /> substitution of trustoa es requlred by appticable law,ond thon,by t1�InQ the subsUrirtlon ot trustoe for roaord io tho ofHce oi the tag�ctte o!d�eQs • .-
<br />• • �cesed touallVtho powen dut os autho�and 6tle oi the Trust e nameden the doed of t ust and of any suoaos or trustao of tho property,sAall . _
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