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<br /> t2�-t3��99�r�1 DEED OF TRUST �,� �,�gwl��3 �
<br /> � �.f�ie� N� i)e8a��8 . . ...�CiV�1�l'n��Q�� �� �.
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<br /> � c.'—:=:�::,—_�.::�_:-_.—:'�.__—_r.
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<br /> EYIdinC�Ot p1y�lf�nl. 7rl�o!ur oh�ll upon demand lurnlsh lp Londflr p�ti3faotory ovldenCe of p�ymonl of Ihe lexes or aes�s8m�nt�and ehkll
<br /> uuthal7n!tw�DPo������Oovernm�nUl otflclal lo ddivrr lo l.�ndor d�ny Iim9 e wrltlon ellteminl of Iho toxe3 entl Ycsessmente ayaln9l Ihe _
<br /> P�opYAy.
<br /> 1 m�tutahf ue pP� t Irh��Prop�irty,/f any rt►�ChiMO�,II�n�mat8M1�1��i��n,�a olh�ir�li�ncoWd bs is�airtod on��ccaunt�ol thi�wak,
<br /> � 1 t��,Rr meleNaM.Trusta wlll upon roqunt of LenQt�fumPoh to lend�r advance�ssunnc�MtisllCtory to Lend�r that Trustor can end wIH
<br /> p�y Iha cosi d Iuch ImprowrrMnTs.
<br /> PROPERTY DAMAOB INBUFiANCH.Thv ldlowiny provlslona ntatlnp to Insurlrq tha Prop�rty an a paA o1 thls DNd of Trust.
<br /> '""'� f a�pla��ir�t b sls la ltw u�l InsunbNhvalua covsdeD til�lmprowmenb on th�Real PropMY In tn amouM�utflcbnt to avdd pptl�ca o0 ot eny
<br /> "' .� oolnsunnce clwse,md wlth�stAndard morty�pN Gause in hvor ol l.mnder,tapether with auch other haierd and Ilablilty insunnC��a LandYr
<br /> may retsonaby requlre. Pol�les shall be written In form,amounte,covarapes and basis reasonably acceptabs to Lander and Issued by w
<br /> ' company or companles reasonabty acceptabla to Lender. Trustor,upon request of Lenda,wlll dativer to Lender hom Hme to UnN tha pol�les
<br /> ., or certlNcates ol I�su�a��tten�oti et�to Lendar�. �cheinsurance pWbY atso sha I�Inc ude a gendorsement p�o d n y Ilhatco'ver4ye nifa or of �
<br /> • least ten(10)days'p • -'•_`-=�
<br /> Lender wlil nol be Impaired In any way by any act,omisslan or defaull o}Trustor or any olh�r persun.The Real Propertyr Is locatad In Qn sroa L.v�
<br /> deslpnatad by the Dlreclor of the Federsl Em9rgenay Manayement Apency as a aPuc�el�ood harard eraa. 7rustor aqr0es to obtain and , —
<br /> ,� malntaln Federel Flood Insurance to the exlent such Insurance Is requlred by Lsndar and Is arallable tor the torm of the Note a for the tuil -
<br /> unpaid princ�Pel bsiance o}the Note,or the maximum limii of coverape that Is eval.able,wt�chaver Is less. .�
<br /> , . .- � An�kMion ol pro�pd�. Tn�stor ehell prompNy noNtY Lender of any loss a dtmape to th�Prapxty.Lender mty make proof ot losa If Trustor .` �. -
<br /> taSb to do ao w��hln fitte�n(16)dayre of the cssualry,W tNlher a not Lender's secuAty Is Imptired,Lender may.at fts efecHon,raceive and roteln _
<br /> . ;, the proceed9 of sny insuranoe end apPly Ih�prc�ds to the red�kdon ot the Indebtedness. poYmeM of eny Ibn attectlny lhe Propertlr,or lhe
<br /> - :' restoreBAn Rnd�epdr o!the ProperlY. It l.�snder e�ecte to aPPN«Pr��to restaotion tnd repalr,i nntor eNaO repalr ar ropiaca 1ha --
<br /> � � dame,ged or destroyed Improvemenb In�manrnr sattsfectory to Le�jcfer. Lsrtdar�ha!!,upon saUstectory proof of such expendlture,pay or
<br /> relmburse Trustor from lhe proceeds lor lhe roasonable co;,t of rep����tlhiCh L�.ende�r has not comrmfttod t�hehrepa�ar�restantion ot �-
<br /> �; � pr��ty wl�lch have not boan disburssd within 180 days atter d P •�
<br /> iho Property ahall be used first to pay tny amount owing fo Lender ur,cier this Oeed of Trust,then to pay accrued Interest,and the remalnder,lf �,.:,
<br /> M ,1^
<br /> � r any,shall be flpplied to ihe pdncipal bntance ot the Indebtedn2ss. II Lender hdds any proceads aRer paYment In full of the Indebtedness,auoh ;•''.1,1';'•:.1';?'.-_
<br /> proceeds shdl be pald to Trustor ps Trusto�s Interests may appear• � ~� <�•-
<br /> Unexpirod ineurance al Sata. Any unexplrod Insurance shail Inure to the beneflt of,and pnss lo,the purchaser ot the PropertY coverad by thhs ,;!�}��;;;�s=:
<br /> ' :,�'� Deed of Trust at any trustee'a snte or other sal9 held under the provlslons of ihis Dood of Trust.a at any toreclosure sald of such Properiy I.�Y y�
<br /> .:��t�_:--
<br /> •�' pfpENQITURE9 BY I.ENDER. It Ttustor faiis to comply wflh a��y provh'on o!tht�Deed of Tru:t, a If any action a pr���ac�a n t�n�e�n� � f i,�
<br /> �: woutd materialry oMect Lend�a In'.erests In the Property�Lender on Ttustors behaif may,but ahall not Ee required to,
<br /> ��� :. . ;.,.
<br /> de¢my t►pprop�lale, Any amount that Lender expends In so ddnp will boar Interest at the rate provided tor In the Note hom ths te incurted ot pud �
<br /> : ._
<br /> � bv Lender to the dat4 of repeyment by Trustor. AN auchexpenses,�tt Lan��n� ba��d�a����^�'�ro�,�md W any ppilcable
<br /> x��' ., � pj ths NOts and be appordonao�morq and'o:�rebA�itlt^n�.:r!-..sNr..,._,. nt whlch wiN be due and psy�Iblo at tne iVois's maiuriiy. y. _
<br /> Insuren�e poNaY« (Il)Ihe romalninfl term of the Not�,a (a)be trented a�a ba1loon payrt�ti
<br />_',. , � ';;:' • Thi9 Oeed Of Tntet tiso wIH wctu�paYmeot ot tFas�omoun�e. The rlphb provldQd 1or��this PuaQnDh s1uB be in addidon to�ny ofhsr dphb a any _
<br /> � �'��� ��• remedleo to wttich Lender rtuy bs entlUed on account ol the defau�. Any such AaUOn by Lendar sh�not be construed ss curinp the dafaufl w tt to
<br /> f ;.:.� ,� ., _
<br /> � ber Lender hom�ny ro m s d y r t h a t I t o t h e r w l s e w o u t d h a v e h a d. � �
<br />�� � WAqRANT1h,DEFENSE OF TfRE• The idlowinp provis�ons reteUnp to ownership ot the Property ere a put of thts Deed of Trust.
<br /> ' TItN. Trusta wartnnb that: (a)Yrustw hdds pood and maAcetable tltle of record to the Preqerty In tae slmple,hee and clear of dl INnf and
<br /> encumbrances other thtn those set(ath In the Real Properly descdPHon or in any dtle insuranCe Pd�y,Utle repat,or Ilna�Hde optnlon t6st�d In
<br /> i�va of,and Qocwpted by,Londer In connectlon wilh thls Deed of Trust,end (b)Trustor has�he fuY rlpht,powe�,and authaity 40�xocul�and
<br /> deliver this Daed of Tru�t to Lender. _
<br /> " p�trn�o of TItN.SubJect to lhe wccepUon�n tha parapraph tbaw,Trusta wamnb and wiil laav�r dofand tta ddo to th�PtapMty�pairat ttN _
<br /> ' Iawful ctalrm o!dl pertzons. In ttw svsnt any�ctlon or procAedirp b commenced thd questlons Trustor'e tltl�or th�Int�rat of TruttM or
<br /> • r L�ndK undtt Ihl�Dwd ot Tnat.Truslor shall dNand tt�scHOn at T�ustor's�xp�ns�. Tndtor mey G the nornlnu D�Y In tuch procMdin9,bul
<br /> .-_-�,��n� • L��dlul t��nytNd to puticipaq in tM proC�dinp 4nd to bo rpr�nMd In ttw prooMdlnp by cou�N of L�nd�'s or�vn chola,�nd �_
<br />�°`�'��°�•� -. Tnata wiN MNva�or c�us�to b�deNvsnd.to�aW�►euch In�trum�nb w L�nd�r rtvy nUwdtrom tlrr�lo tlm�to p�rrnit auch p�rtk�p�lbn. �.�.�
<br />---=:-d� :�.ntif.!.
<br /> _..�',�;,,,,. � ' CompN�nq Wllh L.a�Mi. TntStor wartanb ihal the ProPeM and Trt►sta'e usa af th1 PrqMrlY ComPYes with aN sxistlnD tPptk�blY vv�, �-
<br />'';�:,�".•.; � ord►n�rxes,lnd royu�etlons of povernmentei tuthOrtlfea. w�part of thb Daad of Tnis�
<br />�3.�.ti. ..,.
<br /> .,�„z_;;,. - Catip6MMAT10N. 'RN fcMowl�O Provlsioi�s rataHnp to condemnttlon proce�di n p s
<br /> - ��l�n pt N11 Prp��edi, If ali pr any put of the Properly b condamned by em�nenl domdn proceedinps or by any proCSedirp or
<br /> --_ ..-.. purchdsa In You W candamnatlon,Lender mny tt Ifs e�ecNrn�t�proceeds'of tha ward St�aE meen the t�wea�rds efter P Y�n����M - --
<br /> - -� ,•,•:�,. Indebtedrwss or Ihs repalr a restantton of the Property. _
<br /> - '�?�.,�;,:'.,.r�:... Costs,expeeses,tnd atlomeyS'tees InCUrted byTr�tee or Lender In connectlon wlih the condemnatlo�.
<br />"" '^'�_='+`�'''' prpCeadinpl. 1f any proceedinfl In conde:nne9on fs fited,Trustor shall promptly notify Lendor In wridnp,and Trustor eh�H promptly tak�tuch
<br /> e''�'{��y``'����r steps as mty be necsssary ta defend the actlan�nd obta��1he ewud• Trustor may be Ihe nomind pa�ty in such procwdinp,but UntMr tfMM
<br />-��i i�}�yuy�.�11 -__
<br /> �q'' b�enNtled lo puticipata in the Proceed(nq and io ba represented In tlw prc�ceoding by coumei ot its own chok�,and Trustor wiM wr or
<br /> ��.R,t.,;,;��• causa to bo delivered to Lender such Instrurt►ent�es may bo rsquested by It Uom 8me to tlme to permit such pertictpaUon. �v�
<br /> "�!•+�;�*..-. IMPOSITION OF TAXES,FEES A�1D 6'}IAROES BY GOYERNMENTAL AllTHORITiES. Th� ta9owirp provlslona reiatlnp fo qowrnrtwnlal tax�o. ----- --
<br /> `,�;�.:.:�', . tees and CP�upes�n�P+�d of lhis De�d of Tnuh ------�--�_-_..
<br /> De d
<br /> - Cumnt Ta�s,FNS�nd CharO�s. Upon request by Lend�r,TNS IOt S h e N N f 6 C U i A 6 U C h d o c u m e n b I n n d dftl on to thfs Dsed of Tnnt and tak� M���f^_'
<br /> . , '. whatav�other eoNon b nqwstsd by Lend�r to perfect and conUnus Lendora Hen ont M FieU P�e�y t b Deed o(T'ntst IncludfnQ witth0 •_. J_
<br /> q;x�,�desarib9d below,topethor with U1 e�qlenseo Ir�CU�red In rocordinp,peri��O �Deed otTnuL 3��•�,��
<br /> - AmitaUon el lnxa�fees�dxumentnry stamps.and othar�sharpes(or rocordinp or�'eG •.;;a�•.��. Y;,:�
<br /> - �• iib tax upon this type ot Daed of Trust or upon aN or any .���,;'^�. ��
<br /> T�xa, The fouowinq shaN corisUtule taxes to wh�h this soctlon appltes: (a)a spec os ��.� �„
<br /> ;;..
<br /> :� j, part of tt►e Indebtedness sacurod by thls Deed ol Trust; (b)a spedflc tnx on Trusta which Truslor is nuthaized or required to deduct hom :. ���_� ��„�"�•
<br /> - ' � paymenb on the Indebtednass secured by this type of Oeed of Trust; (o)a tex on this rype of Deed of Tnisl cNarqQable apainst tho LsndOr a °..,,��;.*��. ,��;?
<br /> •� : the hdder ot the Note;and (d)4 specfflo tex on all or eny portion af the Indebtodness a on payments ot principel and Interest mada by ,!���.r,�t,_,�.
<br /> , ` TNStOL ....,k,..:
<br /> Sub�tquent T�xes. If any tax to which thls SecUOn epplles Is enacted subsequent to Iha dele ollhls Ueed of Trust,thfs avent ehaN have the �::��•-,.�'
<br /> ' i ; same ef(ect as en Event of Defnult(as dc�flned below),and Lender may exercMSe any a a�i d Its�vafiahle remedies ta an Event ot DehWt t� _
<br />� -- °— _ _ -- nroufded betow untess Trustor elthsr (a)PaYs tha tex befaro ft becomes�delln�M.��@��t�v s.thtL�shctorv torL nderabove In ths Taxes and . �
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<br /> � Llens sectlon and dep�sits w�tn�onaer casn a i sun����,+��,.�.�o,..�.,......___-•-. --- . . —_- __
<br /> I SECURIIY AORF�MENT,FiNAlICINO STATEIYIENTS. TTw idlowinp Provistons relaN^p to Ihts Des�d of TNSt as a ascuriry epreoment are n Part ot
<br /> � thb Deed of TrosG
<br /> gecu�ity Ap�+�nmen4 Thls tnstrument shell consBtulo a securiry ayreement io the extani�ny o! the Property constitutes flxtures a othur . .��
<br /> personsl D�oP�Y. e�d Lender ahaA have al!of the rlphts of e secured party under the UnNOrm Commerciai Code as amanded hom timo 90 ,.,+
<br /> tltne. �,-,a,,�".
<br /> S�curtry IntereN. Upon requosf by Lender,Trustw shall executo financiny a'atemonis and lake whalever other acUon Is requested by Lender �
<br /> to pertecl and conUnue Lenders securtty Interest In the Rents and Personel Prope�SY• ���e execulod counterpertsi c les or reproduc ons of ,,'r,.'
<br /> - property reCOrds,Lender may,et eny timo and wlthout fuAher aulhorisation hom Trusta,
<br /> this Deed of Trust es a flnanciny stutemant. Trustor shell relmburse Lender for ell expenses 1ncurced In perfecNng or continuing this seoudty ,
<br /> � interest. Upan defautt,Trustor shall as:,embb Ihe Personel Property In e mannar end et e plsce reasonnbly convenlent to Trustor and Londer
<br /> end muke II avellable to Lendor wllhin three(3)days after rese�P►of wrilten demand ttom Lender.
<br /> ` pran ed by lhl 0 d}�rust mey be bffi ned(each��requ(red by lhe Unireotm Com�morclel Code),nare as slat d o�henfirst pape ot this 06ed �
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