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<br /> � DEED �F TRl1ST Page 4 . .
<br /> ��C��49�"� . ..
<br /> � � ,�a., (Cantinued3 � , . '_
<br /> Cpmpllanc�wlih ExUtinp IndeDlednets. Durirp the pedod In whleh any Existirg Indebtedness describad Caiow!s In eflect,compliance wilh IM a
<br /> ' frl9lXtnc�!provls�on0 canulnwd In Ihe Instrument evidenClnp such Exislir�Indebl�dn9SS 6hiH consYlute compil�nC�w�th the ImurltnoC p►ovF3lom
<br /> ne
<br /> under MFS Decd of Trust,to the extent e0mpllanCe wi►h the ferms of Ihis L�6Ad of Tn�st would COnsHlute�dupllC�tlOn Of IMUra�C6 rsqWrsrt1ent. If
<br /> . any proC�eds hom the Insuraroe beoome pay�bio on loss,!he provlslorn In fhh Deed of Trust ta dlvlston o}prpaeaQy s►iall�ppty only to thal �
<br /> ' patlon ol iM procseds not pm�ab'�a lolAe holdor ot Ihe Exlsting IndeDlerfness.
<br /> 11. DIPElIUIYl1FiE8 BY LENDEiR. �t Cirentcr laits to comply wilh eny provision of Ihis Dsad af Tru.t,Inctudlnp any obi!�+ation to mntnteln Exlsllnp
<br /> � IndWt�dtNSi In�ood standirp as rt�u`rod beiow,a ff�ny aclion w proceedinp is commencad lhat would materfalry efh�Cl L�nd�a Int�reSb In lho
<br /> . -�:";;,r : Prop�rty,L�ndw on aranlors behalt may,upon nolice to(irantor,but shnli nol be requlred to,take�ny ectlon thal LenMr deems appropriat�. �1ny �
<br /> �"' amouri4 that L.�ndsr sxpends In ao doing wul beer Inlorest at the rate charged under Ihe Credit Agreement hom the date Incurr�d a pald by L�nder to ,
<br /> � +'" ?•� tM d�M d r�ym�nt by Oranfa. M such expenses,at Lenders optlon,wIU p)be payabb on demand,or (D)be added to ih�W4nc�d lh�cr�dil
<br /> � ItM. Ti�W�0 of Trust also wlll seCUro p�yment ot Inese tmaunls. T�e riphts provided tor In this panQnph shtN bs In tdditlan fo any ethM rfphb a .
<br /> �ny r«n�di�s to whlch L�nder may be enU1Nd on Rccount of tM dotnult. Any such acNon by Lertdsr sMl not be cortsbwd as curtnp th�dsfaull ao as
<br /> to tr:l.�kom nny r�medy that II otherwlse wouid have had. ��
<br /> � tf. WApRANTY;DEFEMSE QF TIiLE. The ldlowtrp prov►sions relatiny to ownersMp of the ProPortY ar�a pYrt Of thfs DYed of Trust. . 4;�;'.:Y-
<br /> Tiq�. (3rtntor werrants thit: (q f3ranlor hdds O�d and markotabie Gtfe ot recad to tM P►oper4y(Indudlrp a Masehdd In19�tt,If any),froe end -:^':;'��'=�.
<br /> .�r.:�+r.a�. �
<br /> cN�r d aN uem and�ncumbrences excepl those of record,nnd (b)CiraNOr hea!he full riphl,power,and authorlry to exxuh and deNwr thla ;."•+';�
<br /> G�d of Trust to Lender. .."----._
<br /> ;,'„�;. •• / DlfenN of Tlt{s. SubJoct to Ihe OxCeptian in ihe paragreph nbove,Orenla w�rrents tntl wN�foreve►detend tl�e tilb to the Property�pa�nst the '�'-. . "„r��rc�,�
<br /> � �:. .. �
<br /> k w f u l c W m s o f�1 1 p e r s a n s. I n I h e e v e n!a n y a c d o n o r P r o c e e d i n p f s c ommenced that questlons Cinntor's tttle or lM Inter�st of Trust�or Lsnder •(�,';•.;,� • :=..•"
<br /> ��:'��.�,,, . .•,>,+ :•-
<br /> ,. ��;� u r►W r t h t s D e s d o}T r u s t,G r B n t o r s h a r tl e t e n d I h e a c t l on e t Or ant a+'s ex p ense. Qrenta rtu y be ths nominal party In suCh procoadinp,bul Lender ,,�.,_-
<br /> :".. Sh�.N bs�nfltbtl to putk9pate In tho proceoding and lo be represented In the proceedinp by counsal of Its own c h o k a,an d Or�n tor w i N d e l i v e r,o r '
<br /> ��,,`;� caus�to be delivsred,to Lendar such Instruments es Lender mey request hom llme to time to perm l t suc h pe r ii�ipe t io n. '�
<br /> ti.� `r��rxrtrR
<br /> Canpllanet Wlth I.�w�. Grtnto� wnrrants that the Property and Granlor'S uss of Ihe PropeAy complles wlth tll exlsUrp appl�abk laws, . h,,���,----
<br /> ordir►u�css,�nd rty�Uations o1 qovemmentat aulhorllles. �"1'i;�:'°°°TW`
<br /> � 1�. DtIBTIN�IMDEHTEDPIESS. Tho fouowlrp provisions concerninp ex�stirp Indebtedn�ss(tha'Enfsflrp Indebtednass')ara a Put of Ihfs Deed o1 ___F��t,'��T,
<br /> Trust. '�!'a�;----,+C
<br /> Exinfnp Uen. Tiw lien o1 thb Dec+d ot Trost s9curinp the Indebtedness mty be secondary and Infertor to an exlstiny Ibn,M Ihera fs auch p Ilen. .,�f -.��,'
<br /> 0
<br /> �, Ir�d A���na ycdef ult u nder t e�lnsshumenb ev��denc�irp�supcn in�debte�d�ness, a ra Yn����ns^y �W�' doycumsnb for such ��_ -
<br /> ?t ,,).'�.�.
<br />_ IndWtsdneSS. ?�� .
<br /> tio MOdHk�tbn. OrantOr Sh1q npl enter Into�ny aprsnment wlth thY hdtlsr of any matpape�dMd o�hust,Or olher eeCUrity�yrNm�n1 which -
<br /> has prio�ty ova Ihfs D�sd of Trust Oy whlch ttut�preemeM is modifie0,��nended,extended,or rorwwod w1lAout the PNor writt�n cons�nt of Rn .�
<br /> . ,'�: LsndM. Grantor sh�ll neliher reques�rta acCe�t 0ny fulure advanCes untkx My such seCUrfty lpreement wllhoul the p�1or w►iitM Consent of ,;.�. �
<br /> l.�nd�r. �.3�
<br /> 14. CON�INNATION. The Idlowinp proNSions relatiny to proceedings in Condemnelion are a peA of t�fs Dt�od of Trust. �,'_
<br /> . AppMCNion ot lltA Prooeeda. If s11 or any put ot fhe Properry Is condemnsd,Lsnder may et ib sbctlon nquln thtt aM or any po�don of tM Mt .°:
<br /> ` ptoc�?s W tM awud bs sppYed to Ih�s Indsbtednsss under the LOANLINER�Home Equity Plan,SubJsCt to lhs tarms d any mortp�p�o►dMd ot y
<br /> � �,: Vust rvfth�W�M wh�Ch hu prlaHy over thls Deed ot Trust. The net pr�of ths�ward ah�N m�an ti�e awtuA alter paYmenf M�II r�asorstbw �
<br /> �` ' • '' cab,�erqa.�nd attaneys'tees n�cessarily Pald or InCUrted by Onnta.Truste�or Lender In conns�,Mbn wNh tM cond�mrNUon. -
<br /> . ��5:�
<br /> ti�;, �•� ' �� ``" ProcNdinps. H�ny proCNdirp in conAomnalbn fs filed,Cirantor ahaN prompdy notlty Land�r In wriHnp,and GnMOr ehaN promptly tAke such
<br />_�,t;'::..�... , •' �• sMps q rt�y W rMO�ssary to defend the�ction and obtaln th��ward. Cinnta rrwy be tt�nomintl p�rtY In wch prooMdnD�but lsnd�r shtll b�
<br /> ;:. ,:,... .� *�•< �r►WNd to pu�ClpaM in ttw procesdirp�nd to be rprRSSntsd In tM proa�dinp by counsN of I!s own chotoo,and(inntor wN d�Nwr av caus�to
<br />��, ;.. - � ba dNiwr�d to Lor►dK Ruch ImW menfs es rtwy be nquestsd by ft hom tlme to nme Io pertNt such puticlp�Hon.
<br />�ti"-"'�'°" 1i. IMPOSiTION OF 1'AXEB,FFE8 AND CHAROES BY GOYERNMEMTAL AUTMORITIE9. Ths foNOwinp provfsions rNadnp to pov�rnrt»ntal Uxa, :.
<br /> i�'�° � �' bes�nd Charpes aro a put of IhLS Deed o�Trust:
<br /> '�'`�' � "'"' ���''`� Curt�t11 T�xtb FYe��nd Chlrpes. Upon raquest by Under,tinnto�Sh�H oxecuM such Oocumsnts In additlon l0 thb OMd ol Trutt�nd t�1c� ��`=
<br /> �'.;_.�,;u wh1�Nv�r oth�r�ctlon b rpuqt�d by L�ndK b pM�c.N and continw��ndK'a ll�n on the RMI Propaty. CinMOr�MII nimD�xN��rtdM la�M ��-
<br />-�-'"` �, . hxu�as d�scrib�d bMow�topNh�r wilh�N�xp�nss�Incurt�d In wcudinp,P�rNcrinD a conHnuirq thb OMd W TrtNl.Ind:�dirp vrifhout MmNadon _
<br /> "`'''�„��•�� �N hxa,Na dacutn�nury s4mps,tnd dMr charp�s fa reCOrtNrp or rpfsterinp ihb Dasd of Trutt.
<br /> �f`f�`=�"""` � TrxM. The toAOwinp eheM comt�tute lexes to wh�h thts eecNOn eppNea: (�)�specNb iax upon thfs typ�of DNd d T�ust or upon d or any p�A �___ _ _
<br /> �,x "` �� Of ih�ItW�NdnlS3 i�CiXld by thl�OMd of Trust; (b)a sp�ctfio 4x On Ortntor wAICh(3ra�10�b aulhO��Gd Ot tpl�tl t0 WduCt kOrt1 p�ymifM3
<br /> � on th�ind�bMdniss s�cursd Dy thb ryps Of OMd of Tnist; (o)a tax on 1NS typ�of D�W ot Trust C�arpMbb p a lnst the I.�ndK a fh�holdu of
<br /> --_- ::��.��...;z.'�,!, th�GrdN Aynem�nt:and (d)�apeciNc Wc on aM a any patlon o►tn�Indsbtbness a on pay�r»nb o�princl�u and Intrnst mtd�by(i��Mpr. - -
<br /> '�.'":,'�'t,_.'"..,3� 1�. F'1�i71#ii ASSIJRANCES. �n»iaio�n��►o+�o�s nan��o r�n.�a��a�,as a�.a vn a n,ss�esd a Tn�+. --
<br /> _.•����;,.�;:.,•:
<br /> .;•'.., • • FuRlwr AN�xM�e��. Upon requrt ot Under�Cxantor wMl mak���x�eull and dilivN�or wIU caul�tO b�meW�axlculW or dM1wlr�d�to L�nd1r _.....
<br /> �'-'-=�`r--•�':._;i f a W l�ndsr'�dqlpns��md whtn rpuYSted by Ltndor.c�us�lo W fi{ed�recadW�tiNW�a nrecord�d.a tlM cas�rrwy b��tt wM tln�s�nd
<br /> ����:. In such oMce��ntl pl�o�s as L�ndu may W�m approprlat��any�nd�I auch morlg�Qss�d�Wa of huat,s�curity d�Wa�wcurlfy prs�rtwnb. -
<br /> •• -.•,,,. ;�,,;% i� M�ncinD st4Tamanb,contlnWtlon s4temenb,Instrumenb of furthM assu�ana,wrtMc�tts,and olhK docurtNnb u tTMy.In th�soN opinlon W ---�-...-
<br /> -"""'�.:wy��_;y�,:in;,� L�rWw.b�osassuy a d�ekrhis tn order to�Mectwt��compMN.DKhct,conBnw,a Prosuw (�)th�obYp�UUorn ot tiraMor undK th�Crsdit . ���a.^.�.;.--
<br /> ?'�r'`u; • � AprMrtNnt.this DMd of Trusl,tnd Ihs RN�ted Documenb,and lb)ttN INrts�nd 6�CtxHy InNr�sb cnaMd by this DNd W Tru1t cA t�Prop�rfy. -
<br /> ��.x,,.•--
<br />- �:.�`•. , Unlw P�ofKblNd Dy Mw or�preed In th�confnry by Lendar In wrltlnp,Gnnta sh�N nfmburs�L�nd�r ta Y co�ts�nd�r�IncumW In — - --
<br /> - . • conn�CUon wMh tM maH�rs�ekrred to In Ihis pu�pnp�. - _
<br /> . ' 17. FW.pERFORMAMCE. If(imnta pays aN IM Ind�bNdrwss whin dw. Nrmir�MS the cn0it N���ocount, and dhKwlN p�rtorrr�s�M tM ------�--�. i
<br /> ' wt
<br /> . ,•I�. • obMplNwn Imposod upon Cx�nta under Ihts Deed of Tnrt.LsrWer shaN ex�cuN antl WMvK to 7nrs1M�r�iu�st for tuil nco+l+r�y�na. �r;?�;°;
<br /> '�' `%�' 1�. DEFAILT. E�ch M tM foi{owinp,al t1w opflon Of L�ndM,ShaN ConSHtuN an�wnt of d�hult('EvMt o1�ahult')undu ttN!DMd ol Trust: (a) 'r�:j'.;�
<br /> ��. "i� f3nnt�comm8s haud ar m�k�s�materld misr�pr�nlaKOn at�ny tlme In conn�cUOn wlth tM�x�d1t Yr»�ocount. TNS pn lndud�,tor�xampM.a �� "�"'�'
<br /> fay�stiNmmt about Gnnta's Incorr►�,ass�ts.�bfNtNA, or�ny otMr asp�cb of Cxantors linncyl conditlan. (b)G�raMa dws not mNt N� ,;��''�"- '
<br />_ �` . �� rpaytrNnt i�rms ot tM Crrdlt NM IOCOUnI. (c)(irento�iCdOn Or InaCtlon adw�sMY�ffscts th�edle9�fl(or tM tx�dit NrM�ocoum a l.�nd�s rfphts In ,t.�t�.•'.�-'• �,:
<br /> <x
<br />- fhe co8d�rtl. Thfs ean Indude.tor ex8mpte.IollurY to mYlntaln rgquired In:,uronce,wasta or doShuCtive uss of the dweMinp.ftHUro lo p�y tnxoS,tle�th ;;�,,;;`�'•,,;`;�= �=.::
<br /> �, �.
<br />__ ,.,t�; of eli persons lieble on the n�ounl,trans�er o�title or 5a�e o+the dwelling.creation of a lien on the dwening wftnout our pe�m�ssion,forociosure by Me .•...s.`Y' • .
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