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<br /> ' � DEED OF TRUST c��.�d9y�'� Papo 3 > .
<br /> • �70-08-1996 -°-
<br /> ' . �oen�da 33028a (Cor►Ui�ued) � _ _ �.�..,.. �.�.
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<br /> �v{��i��d�roti ov mttedtl turnblwd to tM PropertY. Trustor shaEi rtwbiai!n iha P�cp�rtY h�cf e4 Ia�s haNng prlorih+ove�or oqu�l to tl» -
<br /> " tnta�oal G Lsndor undar thb DY�d o(Truat,9xapt for ti►�Ilen M t�xas tnd�ssesemenit nol due,oxCepl for the axlsllnq indebfednuss retxrQ� ��
<br /> to b�tow,and�xospl w oihuwlse P�oNded in this Oaed of Trust. •-
<br /> b
<br /> iii{�t To Cont��l. Tmsta maY withhdd p�ymont of any fax,ass�ssrnent, or claim In connscllnn with a pood falih dbpute over tl►o obttpa on
<br /> to pab,to lorp as Londerf intKOSt In tt►�PropwlY b nal jeopardirsd. If a Wn lrisa or b flkd as A rosult af nonpsyrtwnt,Yrustor thall wlthln
<br /> tittan p6) d�y�nft�Ihe Nen arises a,It a Ibn fs f�ed,�Ithfn Hfleen(9G)daya a8a Trusta hes notke of the flliny,aecure tha dlsohtrQe of Ihe , •-
<br /> 1kn, cr N roqwstad bY l..imdor�doP�t wilh Landw o�sh or r suilcWni norperolo succty bond nr oth^r s°curity eetisfacfory to Landtx In an =
<br /> amounl�uflfdent to disclwp�th�Ikn pius�ny cosb and ariorneya'fee�o►o�her chtrpes that could accru�ts a resuli ot a taeclosure a eak , _
<br /> undo►Ilw {N�n. in any eonlest,Trusta slwA def�nd itself and tsnder�nd shell sttisty nny ndversa judpment befaa mtoreomeN�palrul tho
<br /> ..y Properly. Tnntor shal narM l.endar as an addiUonal ob��fl�under any sur�ty bond(urnlshed In the contest proceedinps. • �
<br /> � Evldena ot P�ym�nL Tn►sta shaY upon demand turnlsh to Lender aatishotory aWdence of payment of the t�ca a assessrtwnb and shaM _
<br /> � euti►odm tho approp�late 9overnmantsl otAclat to deliver to Lender at ony timo a writtan statement ot the taxes and assessmenb epatrat tM
<br /> PtoR�dp. , ,�_
<br /> Notica of Constn�cdon. Trusta chiJl noQ(y Londw at West fi�een(16)duya botao any work�cammenced,any savicas arw Iurnishod.a any �
<br /> mete�b are supplNd to the Prop�rlY�H�nY m�a►u��fO�d Nen,rtwterWmen's Wan, or othe�Iien cauld b� �ssarted on�ccount d tM work, . '
<br /> sKViccy,or malexlab.Trtutor wW upon roQu6st ol l.sndet furnl9h lo Lender advanoa atauroncea salisiaotory to I.endK that Trustor oun and wiN
<br /> , � : . '' •
<br /> � , paytheoostofsuohlmpvovements. •_.,,,,;,.....-.'-=
<br /> ' ' '" ' PpppHRTYpA�IR(iE INSURIWCL.Ti�e fWlnwtnp pruvislom relatln8 to Insudnp Ihe Property ara a part of thM�Aeed of Trusi. .
<br /> .�.:��. � --�;•�R-
<br /> , .,. �..
<br /> '�'��;•::; '' p1YnlNwnc�of Insun�r�a• Trustor ahaA proouro and malntatn pol�ies of fire Insurence with stnndard extended cov�raye endcrsomonts on y �, - J �. 9
<br /> � rep{ncemeni basis fa lhe(uU insurable value coverinp oll ImprowmenU on lhe Roal PrupeAY�n sn emount eutNclent to avold applla�Uon of an i' +�s•-
<br /> ���a��su���nd wilh a standard matyaqee cfeuse In fava of Undor,topether with such olher ha�ard�nd NabAity Insuranoo aa I.onde� _ _
<br /> ha a
<br /> ' rtuy r�sonabty re�7�ra• Potk►es ahaA be w�itten in torm,amounts,coverayes and best;roasonably ecc�?tahl�to 6ender and hsued by� ._____
<br /> � '� comptny a companks�eisontbty accaptabla to Lender. Trusta,upon request of I.ondar,wIM deliver to Lender kom Ume to HrtM Itw poNc� ��_�,�e.,
<br /> or certlticates oi insursnce In tortn saHsfactory to Lender,Includ�n0 aUpulatlons that covanpes witl no1 be car�ed°�d�min�shed Without at -
<br /> least len(10)days'PAOr written noUce to Lendw. Each Insurence pdkyr a�so sh�M InGude an endasement providitrp ihat coverep�In hva of ������.�
<br /> � : UnWrwUl not be impakad In�ny way by any�ct,omisslon or defeuit of TrustaMa�����u�pW�w A��P��portd�t�,Trustor
<br /> beaom�Ioc4led In tn are4 deslpnatad by tha Dkeotor of tha Fodwal EmerponoY . . �
<br /> apress to obtaln and matnlaln Foduol Flood Insurar►ce to the extent auoh insunncs Is roQuired by Lander and ta a beoomas av�i�bie,lor ttM
<br /> �,�'.t . tprm d lhe ben and for the tull unpoid principal balancs ot liw laan.a tha ma�dmum Iimit of covarafla that Fs evailebb,wh{chov�b Ioss. • E'�1�!'�,
<br /> � � Mp�ikNfon ot P�'oa�ds.Trustor tlwq Prompdy nodry Lender ol any laa a dimap�to ttw PropertY. LandK rtNY��ptool a loss f7 Trustor • :�,
<br /> t�is to do so wriMn ilAa�n(16)daya of tha casuNiy. WFwthw u nol Lqn�a wcudh►��ntP=lred,Lender mey,�t 1�e�lon,ncaiw�r�d rotaln :�. �_
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<br /> th�p�pcsads o!any Ins1xonce and apPly tlw Proceeds to ths roduaUon of tha Indabtednoss�PaYment of�ny Aen afiec8n0 ttw PropxtY�o�the ,'.::;s� ,—.°
<br /> � rostontlon md repek of Itw P r u p e r f y. I f L e n d�r N e c t s t p a p p ry t M p r o c o e d+t o re s t o r atlon and r e pak,7rustor slwN raptlr a npla�tt� '.;;� �
<br /> dun��d a destroyed Imnrowmsnb In a rnanner eatistaatory to Lander. Lender aheN,upnn satlsfactory proof of such e�a d Huro�Day a
<br /> .� rdmbuso Trusta Rom th�procecds[or the reasonahb cort o f r ak or rostaaU�lf e�istir h�ns not c mmlited tolh�reR�r�stauNon oyf :' •
<br /> i t
<br /> _. –..–'-- Z�f2�.. ..��! - .
<br /> _, �f proa.YNls whlCh haw not beYn Glsuursed wifihin i5t3 cirira i��or tt'� iw.:p -
<br /> �� prop�r ehaN p�used flrst to pay any amount owinp to Lender under thb Deed nf Trust,then to pay accroed Inbrost,and th�mmatn0�r,ii �.:
<br />' ;: , any.�haN br appMed ta t1w Pdnc�PU batanca of tlw Indebtedness. (f Landet hdds any praceed5 afler PeYrr�nt in fuA of the Indebkdness�auch
<br /> � procwds sh�N b�p�d to Trusta as Tnista's Interesb maY�pP�� :
<br /> { Un��ed InNU�na N SaN•Any unwcplred Insurance ehall Inure to Ihe benefil of,and pass to,the purchaser of tha Property cowrod by thb � � ' �
<br /> j psed of Tnpt at any Irust�'s sWe a otlwr sale he�d under the provislon°of this Deod of Yrust,or tt any toreolosura aot�01 suoh Prop�ty
<br /> �prf�pNY�q wlth pdstln�(nd�bt�drNlw. Duriny the poriad In whlch any F�dstlnp In d o btodrwsi dascrib�d below k In�ttoCt,comp{tanCO w�th �
<br />- • �',:, . th� 4xurana provMbns coniafrwd In ths Instrurtwnt wldmdnp such Exfatlnp indobiqdn�ss 4�aM�lHuto compYanD�wfth ihr.inwrance ity,4;
<br /> provMlora und�r thh[�d of Tnnt,to ttN sxtont compiiarK»with tM t�mn W thK Da�d of Tnnl woutd constlluw a duaMC�BOn d Imurana ' %•; �% ,..�.
<br /> � nqal�erMnl. If any.pnoaads kom uw�nsurlu�c+b e aoR�As Y��on loas,it�pro�A�lonc In tt�Deod of 7rust fa�viaion M proc�rd�s►�11 ��__
<br /> � oppy onry to tfut pbrtlon o?the pracssds no4 paygbM.to tM hdd�r of�►N F�dsUrW Indebtadnass•
<br /> • p�p�p��pfig 8y{,HtIDEA, II Tnrsta hNa to Compty with any provfs�on of this Da�d of Trust,Indudlnp any odNpadon to mdnWn Exktlnp
<br />=i.. , indabtednKS In pood sUndinq as rocluUad below,or if any 4ctlon or proc�edlnG b commencod lhat woWd ma9er�aliy�flxt�y�mounl tt�ial�1L�nd�r -
<br /> . Propaty,Und�r on Tnuta'�bah�m�y.bul thall not W raqukod!o,tak� an actlon that Londa�dwm�aPProp R*�:
<br /> �� =.
<br /> extiends N so ddnq wi�bau tnterest d th�nb provld�d 1a In iM Cndit AprMm�nt wom th�dtw incurc�d a pa�d by u�to tM dRM of �-
<br /> - repaymenl by Trusta. N such s�r►sb�at L�ndK's opUon,wfN fa1 b�WY�M on dartwnd. (b)W�tdtkd b tha baknc�of tM endN qrw a�d b�
<br />_"''" �T: , npportlon�d amonp and b�ptYabM wHh any ImltilmeM paY�nb to bacort►�due durinp�ith�r p)th�taem ot any appl�ctb
<br /> fo insurano�P�kY a (�)
<br /> th�romaldnp Mrm o1 tM G�dit Apreomant,or (o)ba treatad aa�balloon payrtNnt wi�ich wIN b�dw and p�yabN�t ttN Gr�dl AprMrtM"Y�
<br /> -- , maturfly. TMs Doad of Trust dso wul s�cun paYmeat ol tha�amounb. Tiw dOhb provld�d(or In Ihta p�noraPA EhaY b�In�ddftlon b anN oUw
<br /> y d�ah so r�tc to�bat 1�.�tndlr kOmh anY nmodY that ft otMrwis�wo d htw Md.tat�t. My such aCtlon bY LWtt�r�haN not b�Conctrwd�t Curfn�!1w _
<br /> WAARAMiY:OEFEMSE OF TITI.E. TM fdiowln0 Provisions reladrp to ownwehl0 W tPw RopeAy aro a ptrt of ihls Ds�d of Trutf. �,,'"':,��_
<br /> � TIW,Tnxlor w�rtnb thtG (U�or holds 9oad nnd mafcNabN Yd�d ncad to tM Prol'+�rly In N�slmpM�frN�nd dwr oi�11 Nlr�s�nd �r• -
<br /> _ .. �nc�mbnnas othlr than thoe�s�t torth In th�Rwl Ptoputy dac+iptlon a In th�F.�dstlnp IndWkdr�ss s�tlon Irvlow or In ar►Y Ylf�Insurano� -
<br />-•�� .��� Do1kR t�roPort�a Nnd tl1N opinion kswd In hvor o►�and scaP�bY�lN'+d1r kt ConlNCtlon with thle[lood d Trt»t.and R��TNStOr has iM ----- --N.�
<br /> . � • fWl rqht.powor�aM authodty to�x.�cuta and doHwr thls Dasd of Tnpl to l.ondx. _-y.
<br /> " p�1roM of Tida SubJrct to th�pcapAOn In tha paapnph abovs,Trus ta wuran t s a n d w i M(o re v e r d o f a n d t h a tl W ro l h a P r o p K l y a p tlnst tha _����.
<br /> . ' .�.,, awful cWms ot�M pe�so�. In t t N wron t an y�cdon a praceodl►q b commeno�d that quastlons Trusta's tltN ar tM$4oro�t����
<br /> �` IAndlr undar this Diod Of Trust.Trusta shall dotend ttw acUon at Tnistors wcpertso• Trusta may bo lhe naminai pouty ,,,. �.._
<br /> - . � s.: Lend�r shtH ba entltled lo putidPais in tha proceedinp and to be represonlod In ttw proceedir�y by counsel 01 LsnAera•own cT►obs,and , •�:s�*+:^", .:
<br /> ^ Tnnlor wfM ddiver,a cause to be detiv��d,10 Lender such Instruments as Lender may request kom Hme to Nnw to parrtdt s�ch puttciDaUon. :,`:`:... 4
<br /> ' ,� Cotnpllar►Ce With L.Rw�. Trustor wartanb that the Properly nnd Trustors uae of the Propertyr complles with all exlsdn0 ePD�� �'�'a• .'� .,...:"•'.r;. `
<br /> _ -,.:�,.�_....s.�.,�•. .s� .
<br /> �, ord�n�ncos,and roputaUOr►�ol Qovornmontal authaiHes. •
<br /> - � • " � DCI9TINfi INDEBTEQNES3. Ttw tollowinp provislons concerNrW�dsUrp indebtadnvss(tlx�'Fxlr+UnU Indobtodrwss'aro n put of Ihla D�d af �4,��.�� ` . .
<br /> j TnJSt. . : • . • .`
<br /> ..;:r;: 6dtlka�Ucn. 'iho{ton ot tNs Deed ot Trust securirp the Indebtodnaaa may bo sacondary and Iniorior to an wdstlnp Nan. 7nxtor o�+assly .:..: ';.
<br /> �"+�`:^� cowna�ats u�ct npnos to pay,or sa to 9ho�$yrtwnt ot,ttw Exlstlr�Ind�bl�dnoss and to pn+ront any defnult on such Indabtodrwsc�tny Sadtull
<br /> � .,•;�,� .
<br /> . , � ;.:�;: undu tM(rmbvm�nta avidendnp such Indea'lydnes��or my dotau.'t un�ar any sxcurity dooumsnb hx such Indebtedness.
<br />- ' • ' � ... ot t ment w •
<br /> .�. .�.,..;.� dasd trust,or o her sec�rty apree hkh
<br /> .r, , . Kp Mptl�ACt►tlon,Tntstor�P+eD not ent�r Into any�proertwnt with ti�hofdx of any mortQaQe, �.
<br />- , •. ha�D��N ovx Ihis De9d o�Trost by.w�.h�c.h�.i o���uran advanas�unMr�nY such�aflre6ment wllhout th�p.�ia'writlon consont o! .�
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<br /> - LvrqR. irw�u r�,. .n�......�...�...�.----r – • . . --- ---__- _--_-
<br /> - Londer. _
<br /> � � COlIDEMNATIQN. The followinp proNslons relaHnp to condemnation proceedln0e ere e P�of thls Deed ot Trust.
<br /> Applfcallon of Not Proce�dt�. If 411 or any part of tTw Prop�rty Is condomnad by ernioant domaln procoedirps or by any proc�dlnQ or �
<br /> purchase In Iieu ol condemnation,Lender may 4t Ils etecUon requke Ihat�11 or any portlon of the not proceeds of tM award W�ppikd to Ihe
<br /> � Indobtadness o�the repnk a restorsUon of ttw Propo�tY. 1'►w nat procseds of the�ward sha11 mean ttw awcrd atter payment ol tll re�sonabls
<br /> apsb,expansss,end o8a'neYs'tees�ncuRed by Trusteo or Londer In connxtion wtth tM condemnallon. , .
<br /> p�oCeedinp�. It iny proceedinp In condemnadon{s filed,Tnntor ahaN promptty notiy Lendor In w�itlnp,and Trustor ahall promptty t�ke such
<br /> steps as may be nocessael�to defend the actlon and obtaln ttw�wuc1. Trustor rtwy be the nominal party In such proceedlrFp.bN Lender shali
<br /> ba ontlUed to partldpeto�n the proceed�np and to be roprosentatl In the proceed��by counsd ol Its own choico,and Trusta w�l dclfver or
<br /> causa to be delivored to Lender such Instruments as may ba reques�od by It hom tlme to 8ma to permit such parik�ipation. ,
<br /> - IMP091TIOi�OR YA%ES.FEES AI�1D CtiARGE3 BY(iOYERNMEN'fAl AIiTHORITt-B• '17ie followiny provl:ions relatlny to yovemrtwn4tl taxas, { `
<br /> fee�a�d charp�s w�Da�t of this Desd M Tras� .
<br /> Clxrenl TOxes.Fees M�d Charpes. Upon request by Lender,Tnptor ehaA execute such documents.ln addition to thls Deed o�Trusl and lake
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