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<br /> ——___":__-- . covENaNr� 96— 1U9�"/� ['�
<br /> 1. Puymcsz4e.Qorrowcr npr000 to mmko C�I pGymonta on tho oocurcd dobt wh�n duo. Untoaa Borrowcr enA Londar eproe atheiwlae, eny
<br /> paymonte i.en9e► rea�lva�from Borrower or for�8orrowa'� bnnefit wlll 6e �ppIlad firot to any emounte 8orrowor owos on tho aocurod doWt
<br /> „ , not�roducs or oxcu,e�iny�echsduied piYm�nt mtll th�ticnred debt la pji!d In}�jel propayment of the eecured de6t occure for ony reeson,it will
<br /> ' Z.CINroe A�Inst Titl�.8orro�ruer v�ill pey sll t�xee,aste�iments,�nd other chuye�erirfbutable to the property when due snd wIN deCend tltts
<br /> . � defeniei wh eA�earrower m,y�havs ipiln,t pani,i whoiupplY Isbor or miterlili to Impdove or milntsln t e�propertyeaelpn arty ripht�,claimt or
<br /> 9. Insurence.Borrower wtll keep the property Infured undar term�ncceptable to Lender e4 Borrower'e oxpen�a n��d for Lender'e benefit. All
<br /> Intursnce policls��h�ll Inciude��t�nderd mortp�Bs cisute in fevor o9 Lnnder.Lender will be namud ac locs poyca or na 4ha Insurod on any cuch
<br /> "". , y,� Iniurence pollcy. Any Insur�nae proc�ed�maV W�pplled,wlthin Lender'�dl�cretion,to elther the re�YOration or repalr of the dem�ped property
<br /> :• � or to the secured debt.If lender nqulret mortp�pe inwunce,Bartowe��preaa to mainteln weh Inaurance for ef lony n L�nCer requlres.
<br /> ��3 4.Ptop�r4y.Borrower will keep the property In good condition and meke nll repairb reesonably necaeaary.
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<br /> �+++�+�°�i 6.Exp�n���.Borrower apreec to pay�11 Lender's expeneea Inciudinp rea�onable attorneyo'feea,if Sorrowor breeks eny cavenents In thfe dsed
<br /> • of uust or in eny oblipation secured by th18 dned of trust.�orrpwer wilt pay these amounte to I.onder es provi4ed In Covenant 9 of thfe deed ot
<br /> • - F trust. '
<br /> • B.Pdot 6�curity IM�rata.Unlese Bnrrowot Hrot obtelna Londer's wrltten consent,Borrowet w(II npt meke or permft any chmge�to any prior �
<br /> eer,urity Intereite. Borrower witl perfo►m att of Borrowor'e obitpetfana under nny prior mortyape, deed of truat as other security egroemsnt,
<br /> Includinp Borrower's covenents to make peymente when dua. �=
<br /> ' T.A��nm�nt of R�nU snd ProtfN.Bbrrower e�sipne to Lender the rentc and protlt�of the property.Unleaa Borrower nnd Lender heva epreed P:`T,
<br /> y5• o t h e r w f a e I n w r i t i n p,B o n o w e r m�y c o i l e c t u n d r e t a l n t h e r e n t e e e l o n p es Borrower is not in default. If Borrower defeulta, Lender, Lender's �t;.'.
<br /> epont,or a court appointed receiver maV taka poasesdon end manape the property and coliect the renta.Any rante Len der co l loc ts s ha l l b e
<br /> �� , eppNad firet to the coats of mm�flin the property, Includlng court costs and attorneya'feei, commlaslona to rontal egente, a��d any other �r'
<br /> , j�,`: neaeas6ry rol�ted expensea,The rema�nlny emount of renU wlll then spply to payments on the tecured debt aa provided in Covenant 1. --
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<br /> ,r+ 0.L��»t�oldr Coodon�irdums;F1�nn�i Unf¢Da�afopi�ic�'�ta.(3orcowor agroas to comply eifth ths provinlons of eny lease if thia deed of truat la an -
<br /> 'r�� e ieasehold.I�thii dead ot truit is on a unit In a condominium or a planned unit development, Borrower wiil perform ell oi Borrower's dutlea _-
<br /> , , �.���r;; under tha covensnt�,6ylaws,or repulationa of the condominium or planned unit development. __
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<br /> '���r,•., 8. Authority af l�r to P�rform tor Barow�r. If Borrower faits to perform any of Barrower's dutiea under ihia deed of trust, Lendor may __
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<br /> , ,�:•;� peKorm ttse dutfer or cause tfiem to be perl�rmed. Lender may elgn Borrower's name or pay any amount R necessary for pe�formanco.If any _
<br />-° • ..'K. ��% construction on theproperty is discontinued or not canied on In e reaaonable menner,lender may do whatever la necesnary to protect Londar's
<br /> , oecurity Interest In the property.This msy include compteting the const�uctlon.
<br /> =�i:•:'' ' �' Lender'c failuro to per/orm will not prectude Lender from exercisiny any of ita other righta undor the law or tMo daed of uwt. -
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<br /> �'��`"� anU wf9 bcir�inte�reai trom the dape of the paym nt until pa dtin full etf�the interaattlate in+eftect on the secured debt unts will be due on domand _
<br /> ���;��"' 10. D�fauit w►d Aec��don. If Borrower fsila to rnake any peyment when due or break� any covenants wder th�a deed o4 trust or any
<br /> �����'� .4� obiipation secund by thls deed ot trust or any prior mortpape or deed of trust, Lertder msy eccelarate tM mnuriry of the �ecured debt and
<br /> =: '�+ demend Immediate p�ymen4 and may Invoke the power of sde and eny other remediea permltted 6y applicable law.
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<br /> -'" `-' 11.R�qu�stfa Notfc�ot o�tauit.It ie hsroby requesied chat coproi oi i��o��otitoe�i��suit a��d o'w C:,s:s.".:a s�..tt�rson Wh�!� n pe!ty
<br /> '������ �� y heroto,�t the�ddross of each tuch penon,ai set torth hereln.
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<br />'°-`Y''�:'����"��� 12.Pow�r of 6M�.If the Lender invoket the powar of este,the Trostee chell lirat record in the oftice oY the npister of deedt of e�ch cuunty
<br /> "T`�=•'•��`��( 4 whereln the trust property o►some part or pnrcal thereof Is�Itu�ted s notics of dafeuit cort[elnin the iniormatlon requfred by law.The TNatee
<br /> ti,;�4{�=��K(,��;'�ft" roto,end to other pereons�s �►reacNbed by
<br /> � i shdl N�o mdl copin of the �atice of dateult to the Bo►row�r,to each person who is�party�
<br /> �% eppllcibl� I�w. Not I�ss then one month after th�Trustee record�th� notice of defauR or two manM�IT thu uust property la not In �ny
<br />''f incorpasted city or vill�ys end I�uQed In fa�min�opentiana asrrlad on by ths uusta.the fruatee ehell piw publia notice of sale to ths per�on�
<br />;'pr�� '^� rnd In the mmnx prescrfbed bV e{�pplioebte I�w.Truatee,wfthout domand on Borrower,shnll oeti tM p►operty et publia�uctbn to the hlpheat
<br />:�m,�9:�E� bldda.If v�qulnd by the Farm Homaste�d ProtecUon Act,Trustae ahnil oHer the property tn two oep�r�te���u sa roquind by eppiicsbfr law.
<br /> �'_"•.�+.iw L�nde�pr�iti des y�neMa miy purchaie the�operty�tinyiile Dy publla�nnouncam�nt at the time and pUcs of sny previoualy scheCul�d��I�.
<br /> ��'M.."yL;��� Upon ncsfpt o�f p�yrMnt ot tM prics hid,Trutt��sh�ll ddivsr to th�purchasw Trutt�e's d�ad conveyin�the property.The rocftlats co�talned In
<br /> YruatN'a d�M shall bs prims faci�svidl�ncs of 4he uuth of ths sutement�containad thereln.Trustde sha11�pply the proceeds of tM sak In tM
<br /> -�-�'�� rt{n�i te�rn��si��Ibj to��II�ums��ocured by thii�deed of�tru�t end(o)thet balartce if eny t�o t e psrions bDslry entitied�to recefve it.t�� ��
<br /> /3.FoneioKK�.At Lsnder'� optbn,thU dsed of truat may be forecloaed In the ma�ner provide by sppiicebte iaw ta torecloaure oi mortpp��
<br />—-- on►eel p►operty.
<br /> ���- '�� 14. Undv may entsr the property to Incpeat it I} Lendsr pives Borrower noUce beforohand. Tha notice muet state the raaaonsbb
<br /> '-= --����L7�=• c�uce or Lcndar'c Inapsctlon. �
<br /> `� 16.Ccnd�nnWon.Borrowsr asaipns to lsnder the proceede oT any eward or clafm for dama�gea connected with o condemnatior+o►other tekinp
<br /> of ell ar�ny part of the property.Such proceeds wlll be�pplWd ea provlded in Covenant 1.This asstpnment is�ubJect ta the terms of any prlor
<br /> =�w�� security�pnement.
<br /> � — 16.Wdwr.By exerdainp eny romedY�vailabia to Lender,Lander does not yive up eny riphte to later uss�nv other rnmedy.By not oxercislnp
<br /> _��. — �ny r�m�dy upon Horrower's defauit,Lenclet doe�not walva eny ripht to IMet considsr the event�det�ult If it h�ppem egain.
<br /> � 17, Jokft �d S�wnl ���y, Co•sig»rsi 6uCO�ssaa �nd Mslptl�BaJnd. AII dutiea u�der this deed of vust ue Joint and eevenl. Any
<br /> �� Borrow�r who co•sipne tAi� deed of tru�t but does not co•sfpn the undertYinp debi infVUmsnt(t) doa�so only to qrent�nd com�av th�t
<br /> °''�"°�� BOrrow�r•e Intere�t In the property to the T►ust�e un�lor the terrne of thla deec!of trust.In eddttlon,iuch a Bonower apreea that ths Lender end
<br /> --- �ny othsr Borcower under this deed o�f trust mey eMend, modi�or m�ke any other chenpe:in the termi of this deed of truit or the �ecured
<br /> ---._.- == debt without that BorroweY�conant and withnut roleasinq thet orrower from tfie terms ot thla deed of trust. -
<br /> _-- -- TM duties md bensfit�of thfa deed of trust ahell bind end benefit the euocasaora mA ssaipns of Lander and 6orrower.
<br /> —..:-_.?°._�._'�iS 1:.-;.,
<br /> � - ;.�, 78.Notieo�Untets otherwi:e required by law,any notice to Borrowor ehell be given by dolivtrrinp tt er by mailinp it by certified mail addreiaed to
<br /> �;"�:.` 6orrower �t ths propertY addreu or any other addrou that Borrower has given to Lendor.Bomov�er wiil pive eny natlno to Lender by certified
<br /> :.;{,��-�+�M j mail to Lend�r'��ddnu on papa 1 of thlt deed ot tru�t,or to any othor eddreas whlah Lendur hoa deatpmted.Any otnor notice to Lertcer shUl
<br />—.�;�, • . {r be sent to Lender'e addrou a�steted on pape t o f t h i�doed of vuct.
<br /> - - �•��:;.;,, ! Any notice shntl be deemed to heve been given to Borrov�er or Lendor whan piven in tha menner stated ebave.
<br /> -��r��'4�..�..:� •• 18.Tnnafe of Lh�Prop�rty a�B�Aci�l Intor�st tn tf�Qorrowa. If all ot any poR of the propertv or any Inrore�t In it la aold or tconsferted
<br /> - `:.;,:�iy'. ;., wltlwut Lendw's prior wdtton consent, Lendar may demend Immediate payment ot tho securod debt. Lender mey etto demand immadtate
<br /> " .r... �-..M., paym�nt If the Borrowtr ic not a netun) porton 0nA a benuflcfsl inturost In tho Borrov�e� la told or u�nsterrod.Howaver, Lendsr may no4
<br /> _��;:.�'•:,;.:�: ' dem�nd payment In the aDova eftuetion�If it le prohlbitetl by tedorul lew ea of tho dato of thlo doed of trust. -
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<br /> =�_�=-`+�-t-�-- 20.8�cw�wYanr�.Whon the obUy�tion secured by this deed of ttuet has baen paid, end Londor hoa rw furthor obligation to meke advenceo _
<br /> ``��w 1� under the IntVUments or egraemenie aocurod by thls deed of Vuet, tho Truntee sheil,upon writcan rtquoet by tho Lender,recanvey the truet
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