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<br /> - - •" - �• ���- `� 92-�06'7'7'1
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<br /> � � DEED OF TRUST Pap�3 -
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<br /> •.., whNt+�r Mo tIM�10 Ih�IwiiN�o�d Pr�nYWa,th�Iw�Matd�thb.a�mr wbN�fNiotd aha,wIN m�0�wNhout L�ndws��wiMwn aawnh nth�r
<br /> ' ' {:jw•�•�•. ` thur MMiN wIA nm�N��d1�nd dkYnnf�n�n N 11�N� uiian ol tf��IM In Ih�I�ndord,(irantar�a�fhkd prAp wfw p�rcww or
<br /> .��� ., ... dh�rwlw aopuMM eh��hIM. Gnnta IuAhu�prws that II�ininla ao4ukM dl or�0�^ol thr N��Impb IdN�a u�p otlwr Iw�hdd a
<br /> .•�.:.:y:.......:.�. w�IMNhWd IN�b QM P►oMAY.ilyl tlW wl�,tl LMfdMs cPllOn.Imnwdi�MN b�eorn�wbj�Ct to IA�IrrtK W fhlt DMd af TruW.�nd OrrrMOr wIN
<br /> ,���p�''- a�auM�ddwr�nd noord�M dooummM�ry a�PP�P�M b rtsur th�t wch WM w s�ar�d by Ihla Daod ol T�wt. •
<br /> � '`�,'�,�;tr� o. RElIAO�lTATIOM LOAN AOREEMEIIT. ararda�fuNiN w ol OraMar's obpp�Morw unda Rny AonM nh�bW�tlon.M�pro�nfrM.n0�►.ar olhr
<br /> ' W��.,-g•��,-,e �n���whleh Granta nw�r�nbr tMo wtih I.�nd�r. I.�rb�r.�1 LM�r'�aPtbn�emY�4uU�C�hnta lo�weuM a�d dWwr b I.�bK�in�lorm
<br /> • r �PrbN b L�nd�►.�n a�lOnn�nt W��ry hrip b,c�a dN�nNt whbh annlor may h�w�p�fmt putMs who wppqr hba.nwibrl�ic ar s«was
<br /> - - �,-'-.-�;: ;. i�na+�wc�o+�+wtriz Irr�rawm:nls a�ada to the prop�lr �
<br /> �:�.�ii�.:�:.. �.;:s� 7. Ol�ON�AI.E-CONSENT oY LENOEA. Lmdu m�y.�t Ib oplbn.Mw tIM dpM to aooWraf��ihd b.d�r�NnmWlaMh du�an0 pay�b4 tl
<br /> ,y<:.:�;�.:_r'r�^.�,.:�1 wm�aourd by lhis OMd d Tnnt upon d»s�N a kamf�r.wNhoul th�I.�nd�s pdar wdtUn conwff,a aw a am a•n a a,.w�r vroo«ro.a�Y
<br /> ---- - .. _ ' I�rMf in tiM Rw11�opMty. If(3roMa sMK a InnsMra Ih�RMI Prap�Ay wilhoW tFr wrqlon ea�wni of UndK.tt�n�Drior W aoo�br�lbn L�ndw sh�M _
<br /> �Y:' • .,:';;• piv�1101b�to fira�or. Thr notla sh�N provld��D��of nol l�ss th�n Mn(10)d�ys kom tiw daq of tlw rwtlo�within whloh(innla nMYp�►r ttN
<br /> _ .� o : .?..t � wn�d�dW�d dw. II(i�antor fdls to WY thow wrn�prlor lo tn��xpkatlon of such p�rlod�Landor may�wlthoul furtlMr noMo�a d�m�nd on QnMar,
<br /> Imrolc��ny nnwdMs W►mtl�d in Ihb DMd of 7nut. A"�aM a barupr'mwns Ih�oonwyana of Ra�d Prop�rty or�ny�ipht�qtl�a InMr�!MuMn;
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<br /> ,.- . .� . whMhr M04 a�4uif�bM:wMIhK volu�ry or Invaluntay;whNMr by ouklpht�W�dMd.kalWm�nt fW conbanf,l�nd c�ef.aontr�d tor dMd�
<br /> ��• A: • . IMtdlold N�Mr�it wlth�brm pn�tK Ilwn IIrN(3)Y�us�Mw�-oD�contr�ct.or by�aN.sssqnrt�nl.«aar�a.ny bM�Mk.�MI inl�q In or b any
<br /> -� ti " �4'�,,I�r�i4� I�nd hwl holdnp Htl�b tM RM1 PrcprrtY.a bY��Y�IN►nMthod of conwyano�al RMI Prapwty Int1r�11. Ho�wvM.tltls aDUon t1yN nol b��o(MqMd
<br /> .� ;, •.,,�.,. . by 4M�du M weh�x�refM b P��►Md by NdKu I�w a by NM�rask��w.
<br /> _ — ,� �` •°„-"' -''�„�-�� !. THAMfFER OF PR�PERTY.Th�IoNOwkq ProvNkxs rrWnO to qN ka�M1K Of ih�RMI P�opMly��P�of Ihlt DMd Of Trllp:
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<br /> —� ' " �� tio1N�M Tan�Nr. Gr�nta sh�Y qiw noda to I.ondar,a provld�d In thb Owd of Trust,pria ro�ny s�k a k�r�sNr of NI a parl olth�P►aperty
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<br /> �t� . ,� .. ' . a�mr dOMt in UN RMI Prep�ly. My P�son to whom vl or pul of th�Rwl P►opertY Is�old or tnrahaad Wo sh1Y b�ObYp�tW b plw noMa
<br /> fo L�ncMr�as ProvkNd In Ihk DMd of Tnql�PrompQy�Mr�uoh Innslw.
<br /> `'i�'' n.. . ' ' ' AAvM�oa AR�r T��n�. AM�moums advanad undu IM LOAt�INER�Homr Equly PY�Gad►1 Aqnrm�nt�uP to tIw Cndit Umq. w
<br /> =:iL i .• � (r' uourW by thfs OMd of Trust�whNhw�dvancod b�fon a aflar�aw a tra�nNr of tlw Fi�tl Propaly, � t�ny�mouMS whfch tnqr b� _
<br /> in ap
<br /> �dv�nad by L�ndrr mor�th�n 8w(6)d�ys allar notlo�to L�ndK.a provld�d In thls Osed ol Trust,Ihat�uch tnn�far a�W hu ooaxnd.
<br /> �,n`.� . , Ev�n N Onntat tn�nt�rs tlr RNI PropaAY,Ci►anla wl4 contlnu�to b�obllp�t�d uniMr Ihe Credlt Aqraomant�nd thb OMd af Trwt uNUS L�nd�r
<br /> � ••�* nlNS�s ptaMor In yrrHinp. N�eondltion W I.md�r's ca�sent to�ny prapowd tr�nslw a as�conditlon lo th�nM��ai QnMO►�L�nda m�y
<br /> -_��. � rpuk�th�l ih�pason to whom th�Hwl Prop�ty 1s bansNrnd�IOn�n u�umpdon�prMm�nl satb(�otory to L�nWr�nd Lrnd�r m�y unpoW�n
<br /> Y_�+� -- - -. -- ., -� n,,,mplio„1... rh.�ption wr�rw+�wY na•nua.nw a���n0 n ro noMw.dwno.s und.r�n.caan Apr«nNnw `
<br /> � ";.- f. TAXES AND LIEN8. Th�toAOwinp Wwrbfo�hlltln0 to ttw Ioxa��nd tlans on th�ProPM�Y ua a Wrt ol thif O�M of Tnpt.
<br /> "'� ..,•� Pa�r�nM►4 Qnolor�WY whm dw(�nd In W�wnb P�to dollnqwnoY)�N tuca,sP�cyl4xa,�ss�ssmmb�olM►�llndudNip v+�qr�nd
<br /> � sa��,llne�end IngoRfUona iwwd�g�inl d on�ocounl of th�Prop�rtY,and sh�N p�Y wlwn da�II CWms hx wak dorM an a tar sMVfa�
<br /> .��"•= � _- _ - ��d ar m�Mrl�l IurnkhW b tM P►q�rN. Onnta shdl rtylnt�in Ih�PrapMy kw d�O INna h�dnp prlortry owr a�4w1 to tn�u�antt af
<br /> - •� . L�ndK undar tIW W�d of Tnnt,�xapt fa tl»Iion ol t�xa and�ss�stnwnls not dua,�xcapt fafM�dsNnp IndWqdn�a nNr►b b bNow,�ed
<br /> - �xo�pt u olhK�wh�P���In thb OMd af Trwt.
<br /> - . ' ° AIpM To Contqf. OraMa meY���WY�nt of ony luc,ass�ssmanf,a ctalm In connectlort wilh a yood qHh dispuM wr�r tl»oblip�tlon to
<br /> .�� p�Y.tp Ipnp q tand�s M►bnsl In Ih�Proporly b nol Jwpudlnod. II�Nan arls�s ar b 61od as a r�sWt o1 nonp�ym�nf,Orantor shY wMhfn fdNan
<br /> �-_ .:_.•r= f 16)d�YS�ftu th�IMn arisp a�If a IMn k fil�d�witNn 8flwn(1B)days�Mr(ir�nta Iws notit�a of Ilw Nikp�saCU►�ih�dkoh�rp�ol qM Nm�a N
<br /> :-�'_ ' �— — t�qlMiNd by Lind�r,d�p0lll wlth L�ndM qSh p�suthCMnt eorporaw surety Oond p ufiwi aw:u�iir wi�St+GiGr�r t-v Lac'�d:t ttt��s IIRiotsttt Stl!!�'�nl _
<br />_--�r . ^ . � to dbolwp�th�Wn plus�ny to�ts�nd atlarMya'Iws or otMr chanps that cauld accrw as a result 01 a IoraClosun a ab undu fh�Wn. In -
<br />�� • . ��ryt oOnMN.OraMor thall d�hnd ib�N�nd l.�rb�r�nd shN sdbH�ny�dvMS�l�dOrn�nt bolon onlorqm�nt�pNnll ih�P+op�tb. !linMor shW °
<br /> n�m�L«�d�r aa�n�dditlorW obNpN undw�ny turNy bond furnlsMd In tM Cont�sl procwdMps.
<br /> T�"� '-'� Hvld�nC�Of PayaMnt. Onnta shaA upon d�m�nd furNsh to LondK saASlaClory awdenco d payrtNnl of th�hxa a a�t�un�nb�nd sfWl -
<br /> Y� `' � � aulhWt�tIM approprl�h yovwnrtMnW aMGal lo dNivW to l�ndar�t�ny tkrw a wrlltan sttlm�l ol th�hx�s�nd�wam�nb�p�lntl fh� f
<br /> �� . .._ .. ��y,, =
<br /> � ..° Npqe�pf CpitdruCibn. f3nnla shall notNy Undw�t I�st fiflN�(15)daY6 b�laa any work b comrtwnC�d.�ny tervbM�turnkhW.or�ny �
<br /> - .� � maqrld�u�suppN�d to th�PropKtY.B�nY nroh�nb's W^.n��rl�lrt�n's u�n,a o1hK N�n coWd b��sfat�d on�oaouM of t1»wak,srvlo�.
<br /> �•.^` pr rt�M�s�nd tl»eosf�xes�ds i10,000.00. C�raola wW upan r�wst of Landw fwmsh to Und�r adw�a assunnON fatlWelory lo LN�dw
<br />�t�', :� IINt(innto►o�n�nd wNl p�y tM Cosl W suaA fmprov�manit.
<br /> '�`� 10. PROPERTY INSI�iANCE Th�IWtowkp proNslons rWaBnp b fnsurlrq Ilw Propary�ro a p�A of this D�ad oT Trwl.
<br />���� ,, M�N►t�n�ne�af Iniu►antx. (inMa shoM proCUq�nd mlfnWn poNCies ol Ika Inaunnca wUh ltandflr0 axtYnd�d cowrp�MWorsM�rnb an� -
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<br /> � • hpl�c�nNnt basb for tM lull Iniw�bl�valu�COVMinp�N ImprowrrNnls on ih�Re�l Propwty fn an�mount t�NfCN�t to�vold�pplk�YDn of�ny
<br />;5 " .. Cpifl�yr�r�CS plaus�,llnd wHh a s1�nWtd mortpnpM CI�u1�in Nvor ol londYt,lopolhw with such Whw Iwrnrd�nd IVbWIy ir�urano��s I.�ndw
<br /> m�y n�sonably nquk�. If th�fiaal Proparty b IocaNd In m araa dasipnatod by the D�rector ot tne Foderal Emorp�ncy Ml�n�p�m�nt Ap�nep�s a
<br />�, � tp�eW Il�ood harard uw,f3ranta apra�s lo abhin Fed�nl Flood Insuranca to tlw extenl sucn�nsuranca 1s roqulrW rnd b�vW�bM. PoMcMs
<br /> ,?.`�. - ,�' �. fh�Y b�wrilNn In larm.�mounts,COwr�pYS�nd bas�s rYasOnobly�CCapt9ble l0 Under and isSwtl Dy�COmp�rnr or CWnp�ril��wOnablY
<br /> . ,. ., - �hlbl�to L�nd�r. Orantor,upon hqlNSt ol lond�,will WNwr lo Landar bom Ume to hma tlw pdkMOS a oMillCat�ol irwx�no�In fam
<br /> • ., qibf�CtOrY t01..�ndM.Indudln0 sdpuhtlOrb ih�t COwrap�s w1A not W CanCWWd Or dlminfslwd wilhout af laost lan(10)d�ys'P�NuNMn n01fo�b
<br />� L�ndM.
<br /> ' • `'A'���' . ApplieMion ot ProCNd�. (innta fhap p►omptl� no1Hy Lender ol �ny loss a damape to the Prop�rty Y tM�sUnrMd eal ol ►p�r a _
<br /> . e � •� nplaament�xcMds i10,000.00. L�nd�r msy makl pro01 Of bss N Grontor lails to tlo so wfthln fill�en(16)days Of Ih�pfwlly. M,In UnWr3 '
<br /> • .. �udpm�n�, th� �ator�don or npalr Is �conomicalty fe�elbN �nd l�ndar's secunty b not IessenQd. xuunna prooMds shall 1� �pWMd to _
<br /> ' rpto►�don a r�pak ol 11w dartypad Propxty. II tha rastontlon a rapair la nol ecOnomically feas�ble a L�nWr's saCUfhr would b�I�rwd,ttw _
<br /> Inwnna proowds thap ha�ppliW lo tM sums socura0 by Ihls Oaad d Truat whether or not then due.with�n��xass pa10 b(iranla. II -
<br /> � � (itantOr abandais tM PrapaAy a dOYS nol answw wlfhln thlrry(30)tlayS a n0t�ce hom Landar tlut the Insw�nq CartiN h�s oM�rW fo iNtM a
<br /> Clakn,ih�n I.�ndM m�y CoY�CI ihe I�w�nC�proCeeds. Under m�y use ihe proCeeds to ropav or restoro Ihe Prop�rty a to p�y wt�f�cuW by
<br /> ' ih4 DMd ol TruN,wMthx Or not Ih�n d�N. If LYndat hol0s�ny prOCYYd��Rw payrtwnt in lull of Ilw Intlpbqdn�ss,fuCh qOONds slWl W pald
<br /> � t0 Onnla�s C3nnlor's int�rosb m�Y�pp�u•
<br /> UMltpind IniYrMle�at SN�. Any u�W�W�id�nsuronCe shall inure to Ihe be�wMt o1,ond pass�o,ihe purCl►YSYr ol ths PrppKty CoMMrd Dy tMt
<br /> • OMtl Of TrWt�1�ny UUStl�'a stle or otMr salo held under the prov�sions o�tnr�Deetl ol Trust,a e�eny iaec�osure se�e W sucn Propedy.
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