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<br /> - � 04-0�-1998 DEED O nuTRU�T `.( . ,
<br />-. < Loan IYo 6239�7 �
<br />��,�_� ,-,-- ---. �ap�yry• Tnatcr shaU name Laredsr as an aCditlonal obllges under enY SucelY Dond lumist+ed in!tq eorit�t 0��- '� — _�---
<br /> ` '`� � mentai ctRda!W daliver to tsnder at any Ume a vrtitten stalemenf ot the texes and assessrnents agemst ths �M. � �!,:< _. -
<br /> _ `. ,. Evldetue of PBymsnL 7nistar sha0 uPon demand tumLSh to lertdffr setlstaCtarY evidenoe of payment of the t�es or ess�nts end sfiafl
<br />-��. <. autha�ze tAa eADraprlate Bove�^ •:,+,�z . •
<br /> Progerly.
<br /> `� ' . � t4oUeeOt Cot�ruette�ta��U�������mate�cialm�¢rPs Uen,ar wother en�co�ild be esse�ta�xouni ot tt�woA�. ` ..' . _
<br /> ,� • . �are snPP satt5faeto�Y lo Lender tNaf Tnistm ean end w31 , .
<br /> �-� � servtoes.cr mat�tals. Tn�stor wID aPon repu�t ot Lendal't�u�h to lender advancg esswances < . . .
<br />_ . , , pay the east ot sttch Im�rovemet�ts �g A peit of thls Oead ot Ttus1. • . �
<br /> r . --- `� PROaEA7Y DAlMGE INSLlRMtCE.Tl�s faROwing proNstona reta8ng to Ins�trinB the PrcPe�tY ,
<br /> :�;��" `. .�-��+�; . - -
<br /> ; �nee at tnsuranee. Trustor shall Drocure and mat�In poltcles of flre insurance��n an amountesuffiden!tVO evoeid appl:ca6on�ot eny '_
<br /> - � --- �'- ; rep�soement ba5ts tar tlse fuD Insusabtg value covadn9 aD l+nOrovemar�on tha Rea!ProPetlY �to lsnder and issued by a � -
<br /> colnsurance dause.and with e s�ndard martgagee dau5e�n tavor of Lender.to8���reasonabry eaeDffib d��insurance as Lender
<br /> •�, . . cnay ra�sonabty r'aQutra PoBdss shatl d�rwrit onLender.Tnutor,upo�n teq�uagt af Lender.vu�deliver to Lender from tim9 to Ume the Dalld� � , •
<br /> -%.,• • . . �� comPenY or ComPanies reesonaGlll acceD t vrill not Gs caneelled or mmlNShed wittiout at • . ...
<br /> ' or ceAiBcates ot ir�surance in torm sa4�ctotY to Lender.induNnB stiAu�edons that covetaSes
<br /> 4.: .. .; � taast ten(t0)QaYs'Pdar vvrfeen nalloe to lender. Eaeh ins�uanee Da�N eiso shaA irt�ude an endorsement provlding that eoverage In tavor of
<br /> '•:i. '� ': j Lender witi not 6s impalred in anY way bY�Y act.omisston ar defa�dt of Tnistor or anY����as�e sD��flc d h�rd area,Tyrusto► , :
<br /> ; � become lacated in an erea designated by the OLectar af the Federel Eme�ge�����the�oan.W to the ma�dmum po6ey Gmits set . � :�
<br /> t.` ,. gg�s W obtein and mair+tetn Fa6eral Road ic�wance far the t�l unpaid P �P .,.. '� ?
<br />::5� • [mder the(Vatlonat Flao6 tnsurance R'o�am.or es athenaLse�equ�ed bY tender.end to met�dain such insu�ce far the term af tho losn� .., <j
<br /> ;�;. ' • to the Flrapertlu Lender may make proat oi toss if Tnator
<br /> .�` • � dcatton of ProceEGs- Trustor shaD prompUyr notiN�ender af arry loss or damage ���retein ;;'.:-`_
<br /> .., pyD ce Gs. WAether or not Lendefs securtq►is impalree.LenQer may.at Hs etedlon. _
<br /> ,n; �<: ` ta�s to do so within 5fteen(15)daYs ot the casuairy.
<br /> ;�:`:s the O�eds ot any inswance and sOA�Y�0��tO�8 reduction of the Indebtedness.DaY�M of enY Qen aftec�n9 the ProPBRy�m�►e -
<br /> th9 '•.4','';i.=.
<br /> .,�:. . :.�.s :, 0 Lender etects to eAPN the Drooae�to�toration and�epatr.Tn�stt ot such expendiiwe.0aY�� , _
<br /> J- ' �,•r'� r e s t m a tl o n a n d r e P a f r ot the PropeAY• t o i.e n d e r. L e n d e r s t i a 0.Won saUstactorY At : -
<br />_f�' _;;� dameSed or destroYed Improvemerts in e manner s a tl s t a c t m 5 r _ _-
<br /> _<,.,� reimburse Tnstor from the proceeds tot the reasonabte cosl o}repaU or t end w�Nch Le��has ot comamaiea t Bte[epah tsslor89o� .:�,�
<br /> ,:>;{ ' � s � procesds whtch have not been disbursad within 180 daYs afte�thetr reoeip _ _-
<br />-.,�^: �, ,. ; the ProAed!►shaA be used flrst to Pa b���of Uie 1 debffidnsss. M Le d�o1Qs anyr Orooeeds aRe�O���n a�i debt9dness.esuch , .. �
<br /> . � ,�; i a n Y.s i i a l l O e e D P 6 e d i o t h e P d n c i p e l '
<br /> -�d`' proceeds stiaD be O�d to Tn�stcr as Trtxfors fMetasls maY eAP�
<br /> 'j,� . .; l Lfipcptred tnsuretiee 81 Se1e. a►ry unexP�e'held u der fie pravisloris of BtNs Oeed of Ti�s�'t,ot�81 anY���g}t�eProo}s�t�Ch PmDBAYI•y� � .� ,��
<br /> «= . Deed at Tnut at any hustee s sals or other sel � . ,r -
<br /> £� � GomD�ce v�[th Eldstinp tnde�tedness. Dudn9 the Vertod in which anY Extstin9 lndebtedr►ess descri6ed ti23or�is fn eHecl.comp0anee wilt► ::, r- -
<br /> . .I � qie Insurance Provistorts co�dained in the inshumerd svtdendng sueh F.�dsUn9 indebtedness sha11 cons5lut�comPtian�with the in5tuance } y .
<br /> 'cl ;� r...: �W -
<br /> p ro v l s i o n s u n d e r this Oeed oF Tntst.to Ihe wdent comD�ance with the tertns ot this Dead of Trwt wauld eonsfitute e daD�on of tnsurance .'': ���.-
<br /> ". � wqu Ome io 4 at PorpUo�n�o�t the proceeds not p 1lab�e°the ho t d r of tfie F��dsUng I d e�btedniess.is Oeed of Trust br�ivts:on af PraoeaQS shau ��(_ �--
<br />-`•-� .%r:�: eDVN M► ` -,—
<br /> '�: ? ' ' �� �:, ����gy�pER. M 7rustor teils to comply with arry Provist��of th(s Oeed of Tn�st.inctuding anyt obl��n�� ����he •.
<br /> date. My amoucd tnat Lender :r: .'•,i's;•�-
<br /> �'b•{ • , { �proPe fii.Lender on Trwto s CetialfQmaya N sheD ota eb requUed t0�k9 enY 8C9on that Lender deems epDroP �by ...:�;;,;r_; -
<br /> . ,r..�.
<br /> .:� �cpends in so�oirt en�se.bg,e 1 Le^dre s otpUon,w�'�p(e)b D Y�t on de�mand, (b)be addedn t�o ihe b�atance o11he Nota d e eDParticnad smon9 �::. .:_
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<br /> ' � � Tnutor.Msuc e� � Ucabteinsuianeepotlayor pf)theremainingtertn ';';�t'.. :;:�;,
<br /> � ' arsd be payab�9���a�ry�►utaliment paymen t s to b e c o m e d u e d t a i n 9 e fl d e� W t h e t e r m of a r ry a p P �Oea d o l T r u S t e 1 5 o w 0 1 5 8 c u r e �•° '
<br /> � � ;� ot the Note,a�r (�)be�d�8 b�aon paym0nt wtdcA w�l bo due and payab�e at the Note's matudtY-
<br /> � , f peyment ot thass amourds.Ths d9hfs provlded for In thb D�9BDn s�be in add�tlon to ar►y other rtghls or arry remedles to wNch 4ender may be -'�,
<br /> " ..� er�itled on aocount of the deta�L Any suct►adinn EY LenQer shatl not be construed as curing the defaNt so as to bar len�er irom eny�emadyr b'rat -
<br />.:``::; . ;� :1 it omenxise wouta na,ra naa. , � K
<br /> w�pp�y�p�g�pg T1TLE.The fotlowing prov[stons retntlng to awnership of the Properhr are a DaA ol this Oeed of Trust
<br /> . .�.. � .•LyY�._
<br /> , °r��, TiUe. Ttustor wertanls ttiax (a)Trustor hotds good end maAcetabte�on or ine the Exlstln9 d bb�adn�s sectton belo o�r n ar►y U e insuranse . . -
<br /> � � e n c u m b r a n c e s o t h e r t h a n t h o s e set forth in the Reai PropeAy descdp Trustor has lhe "
<br /> , . .,.e;; . . ��
<br /> ' • � �p�g�ppWer a d 8t�thorily to'execute anA Eefiver lhis�es�d o�f T�to Lender.�n c o n n e c U o n w i t h this Deed ol Tn�1.en0 (b) .�
<br /> �.`r`� � 08ten8e o4 Tlt�e. Subjeello tng exception in the paragraph ebove.Trustor warrants and w�l forever ctetend tAe titte to ihe ProAeRy a9alr�st t�a .. `j
<br /> ' � � � Iawlui ctaims.fi DeeO o Tn�L TnuWr sAan deien0 the acHOn at�Tgiisto s axpense. Tnutor may be the omtnal��sur•h pt�ooeed�tn8 buf �,. -.
<br /> -�:``� . Lender under 1 is a4an.• '
<br /> ,,ender s9s�tt be e�itle0 to panicipate in tha proceeding and to be represente0 In the prooeeding by counsel ot Lende�'s own cl�otce.and `.i
<br /> �i;; . ' �� ���ar w,:�de0ver.or ceuse to be detivereQ to LenQer suct�tnsUumenb as 1.ender may requa5t nom tlme to Um0 to permit such partid0
<br /> . .� , C•mylianee VYlth Lawa T�ustor warrants that the PrapertY end Trustor's use of the PtopeRy tomFi2�witt�s0 e�dsUng eDDUC9bte laws, 't,�;r ._• ,
<br /> '�;. ( ..
<br /> �rd;.•�a�ces,and regNattons ot gavemmerrtal authoAUes.
<br /> },;;':� .
<br /> ' • EXISTIHG nVDEBTEAiJESS- The totbwing prov(slons eoncerNng e�dstle9 Udebtedness(the'E�BSting tnQebtedness�era a parl ot triis Oeed o1 3';.�t•
<br /> -- Trust. .
<br /> .:��.;'' �:', + E�Osting Llen. The Aen ot this Deed of Trust securing tt�e Indebtedness may be secondaif�and Infeftor to an e�dsdng Ilen. Tn�star���1
<br /> ,• �, . • :' �' covenanb anC agrees to PaY�a see to the payment of.ihe ExlsUng►ndebtedness and to prevent ar►p default on sucfi IndebteQness,an7f :::
<br /> - � under the instruments evidendng such Indabtedness,or any defauii under any security Qoc�merris for sueh InQebtedness. ., •
<br /> � � Oetault. It the�eu h indebtedn�s.'or shoNd sndetauliroccur under he�nsbumen9secudng suc�h indebt dness an0 a�be cured dudng any t��i; `
<br /> •• I�. ,i note evldencing S . .
<br /> `' � appiieats'.e grace pedod Iherein,then,e11he option of Lender.the Indebtedness secured by tAls Oeed o}Trust Shall bec�me Immedtatery due
<br /> ' � and payzbie,end this Deed ot Trost shail be�n defauit•
<br /> �: NO MoE1iiCA veI thTB Deed O}1Trust byewhtch that 8g eemeni is mOdifl8dtl8menQe4 mextet148d a�►e ew@0 W(thout the prl0�wdlten C0�01 " '
<br /> _� ..r•,. � . � h e s p d o ri t y o ament wilhout the O�or vrtitten cor�seM a1 ,
<br /> Lender. Trustor sha11 neither�ques t nor a c c e D t a n y t u l u r o a d v a n e e s u n d e t 8 n y s u eh seeuri t Y a 9 r e
<br /> • ; Lender. ' :
<br /> COHDEMF1ATlON.The toltowing provlsions relaling to con de m n a U an procaeQ�n g s ere a paA o l t h i s Dea d o 1 T r u s t
<br /> � .. ' , Appiteation o!N i condOemna oe lende 8myay at itsteteCt�on�equne that ell or enybpoAlon of the�net Drooeed9dOfsh9 ewe d be 8pp ed t0 he �
<br /> . • � purchase in lieu o � .
<br /> �,..,;. � Indebtedness ot the repair or restoration o1 the PropeRy. The net proceeds of the award shall mean the award after paymant of ell reasonabte
<br /> � . � costs,e�enses.and attomeys'fees incurted by Trustee or Lender In con�ecUon with thg condemnaUon.
<br /> � PfOCe��mB�be n�eCesse►Y 10idetend the aC:�on and ob181n theteward!TrustO maytbe tt�e nom nal„piarty 8n s ch p�roceeding b lede►suhaD
<br /> • � be entiUed to pe���d to Lender sucAe nstruments es may be requssted by ipl tr�o ed1me oyUme o permis uch partt pation.Trustor wlit detiver or
<br /> � cause to be deiivere
<br /> -�'��-� � ItAPOSlTtON OF TAl(HS,FEES AND C1iAiiGES BY QOVERNtAENTAL AUTHORITIES. The fotlowing provislons retatlng to governmental faxes.
<br /> . tees and eharges are e D�o�ihis Oead of Ttust: ` ,
<br /> � "� CurteM Ttsxe9.Fees tu�0 CAarSea Upon request bY Lender,Trustor shall execute such daumen���8?��tor shell�re mburse Lenderfo�aU � �
<br /> •'.� whatever other acuon is requested by Lender to perfecl and eontinue Lendar's lien on the Rea1 Prope+N• :
<br /> C . . �axes,as described betow,together�m s'and ot�he�r c�harges tor recording or�egisterinq th►s Dee4io9T u�stDesd o}Trusf,Induding wlthout
<br /> limita6on atl taxes.fess,documentary P
<br /> -_- �rt ot thee�Aeb edness seCUred OY��8088d of Tru51:S(bl a specffic tax on TruS o►wh Ch Tnut�is auth{orized or eQ i ee io aea��i nom f
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