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<br /> • DEED OF TF3l1�Y �E��3 .. " � �
<br /> - �2.31-�99� �con4lreueelf 97e � '
<br /> . ` Loan No 374660 • � � °< . _
<br /> rti Trustor sAall�`tNn . -
<br /> � �, to pay.so lone as�ende�s�nterast in tRe Proyerry�s noi jeoper01r�0. �t a�en°r�ses°f��d�e��af nartQayme , y _
<br /> fif,een(15)daYS e�er the Lan er►ses or.if a Iten Is fiisd,wiihln firtsen(tb)daYs after TNffior has noL'p ot tne fi�rtp.58eure the��a o!Irte , r
<br /> • 1 een.or rt re4u�te d by t s n d a r, t t e p o s�t w l t�Lender cash or a suh'�lerR ca09�te sur�ty bond or oiher secu�ft�f ra8stactory to Landet In an . , - _
<br /> t h s t c o u:d e x�u s a s a r�a4 a ta�eelasure ar s�to -
<br /> amount sutfldord ta d�et�rqe tne ean ptus anY c�sts and a8asrteYs�tees or other c h a r 4 a s 'G• �
<br /> und�t u�Cer�. tn anY contest.Tnutor sha0 detsnd itseit and Lflnder end 6 �a d�t ed�con*.�a�t O�ta��e��msai agalrot ttse . ,. •
<br /> praperty. Trustar s�8 nams Len6er as an td�Bone1 ob3pes under aall surHY osrtdond of p�ymar�t ot i4w tws or ass�smenb and stWt ; ,
<br /> Evi4anc�of�aY�� Tnatar shn!!u9on Qemand f�nlsh to Lend�r��fl � . -
<br /> a�thoriis tho aDPfapriata 4ov�+montaf aiRdal to deGver to Lender nt nnY time a wAttan statomont c1 tho taxex and�sments aqe!rs!!he
<br /> �D°�Y• �vork ts Commer�ced.anY serv�oe�etro t�srtishe��a+enY . . ti ' .
<br />"--`� ' Natt�a ot Cansfin.*C�. Yn�tar sha�not�Y Lender ai least fifteen(15)QaYS Cstoro enY — . --- .- -
<br />- � � maters�)s are suADtiad to the PropeRy.tf e�Y mecha��s uen.m�teriatre�en's fi�n. ar ot?�e�s eou`d Ds�-o-L�ende�thzt Tnu��can and wIIi , _
<br /> ssrvtoas.at mcteriais. Tnutw vu�l uPon requast of L.en4sr fwnish to Londor eOvanas assuranoe3 sali5factaY +
<br /> p8y the cost ot SuCh imprOVerr�erts. �9 pr��y�8 P���Oaed of Ttust. ' ' . '�,
<br /> PROPERTI►OAeAAi3E ItiSUNANCE. The toQOwing provfstans retating to lnsurtng enQOtSeme.'1ts On 8 ' •,u ..
<br /> 0 R �
<br /> IWinte�r►ce a!Insurtr.Ca Tnutor sAaD pracure entl malntaln potiGSS of Are irtaurance�tn�a1►a�mou t s�nt t�VO a�d eDD��cn a!er►Y . .,_:._;--
<br /> replacemer�bas�tor the tuU insuradla value covsiing eU Improvemerds on Ihe Rectf ProPerlY and maiaLnin comG�n�� �" �< � • , .
<br /> � cAlnS�uance ctau50,anG►rP�h a stflndard maR8a92s da�8 in tavor ot Lend9r. TrusYCV sha7 also P�d as ad�anal i�.uods st�h . , • ��..,r. .
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<br /> ':� Usb�Y insurance in su�covera8e emounls as Lertder maY teQuest wffh Uustee en�lttndet beln� and bas�s�tsotta6H Itc�eA�blO to �'�°���.--:
<br /> trtsu�ioe P� AddHonaltyY.Trusior shaY mcirtatn s�ueh sha8 bo wr(ttw�in am.amobw�b.aoveraDes ���6u�inoss lnt�mrA�n.and . -
<br /> n tt ,'� _',. . _
<br />� ho6er tnsurance.a3 Lender may r��sanabN��onabty acc�Dtabb to lender. Tnts�.►�on r8quest o!Lende.vr�[ieovlt to Land�kom � .� • �. _,�.
<br /> Lsnder and Issuad by a co+r�oa�Y �G to lender.[ndu�np s�DWa4oc�s that cova�ages�not be can�.ad or , ^ `�-- ---,
<br /> • � ttme to Wne the poIIc�ss ar oetFi�tes ot�dor wrriten not3ce to�d�er. Eceb Insu�anoo OdicY alst►sf�D Indude an enda�marrt prov�dlrg ihat - ��-�---�-•; _-
<br /> dfminlshe0 wfthout at teast tan(10)daYs`D n. SPto�d it�Raa! •'�,si�
<br /> IA merd A�nc9r as o spedal Aood �,'-�°-.�
<br /> . �overe�e In tavor af Lender wID nat be imP�tn or►y wsYti Y�°���t e Federa�E�rt+er4enaY nn�aqaather P� `, ;��-- -_�
<br /> . prpperty at arry 6me beeome lacated in an area de�t0�d y balancs ot Uie�aan.W to the maMum .
<br /> ' hazard�.T r u s tar a g r e e s t o o 0 t�i n a n d m a i n t a i n F edmal Flood Ir�surence t��d b�L�e n�a nd�m a(�t 1 n�Insfuance tor ttN te�m o4
<br /> Gmi1s sat under the Nat�onei Flood Ins�uance PruQlam�ar as othe�w'se�ctu-re Y •���Y :
<br /> �_.��.�� tph I9�0811. totfieF�op6tlY. LSt1Q&trtur+Yme.4�p[Cai¢410isBTtt5t0� =`.:r`'.i�:==,-��";'-�
<br /> qppitCatfUn of Proeee49.Trttstor shafl PromPaY noUty Lender of anY Ioss or dama9e a:.
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<br /> teDs to QO 50 wlthin fit[een(15)daY ot the casu8lH.VYhethsr Or nat Lenders SeCUrftY fs�mFalled.LendBr maY�et its eieCdCn.r(�sVe ettd � ,,,c.
<br /> nt of anyr Qen affect����7�•or� �'��'r
<br /> " the prac�eds of arry insurence and appry�1►e 0��to me reducUon of tAe Indebtedness.G� :
<br /> tl Lender e'.ec�to aPD►Y the D�ds to cestoreEon end reDah'.Tntsta stm�cs�sir �ap y� ,,f.�i, � �':.y�;�r
<br /> restoration and mAau ot tha PropsRY• to Lender. Lender st�sll.uVon sat35fectaY Oroaf of sucA e�e , .f:.. ,_-
<br /> damaQed or destroyed Improvements in a manner satistactory alr or r�tora8an H Tnutct is not in defu�t under tt�ls Oeed of Tnnt. Ar►% .�„4i�
<br /> t �tvstotc�sor►o! �,:,;:�.;:.,`
<br /> retmb�ase Tntsto►finm tha P�ds far the�easo�ubte cost W BP t an0 wNch l.Aadr�P.as not ca���A+a t!r Am�lndar.if " . •.
<br /> . pf�ro..�esds^�wN.�c}b��ha`v.�e•n-a,.t�QQe�en�s/b�uvrs�e/�d amour�l avclag to Lender u��th[s Oeod ot Tnbt.tiocn to WY td in t�M tYw trtCebtedn65s,aucA ^;r.�ii . �� ��,"•
<br /> [� 5r. UO��'•7""'�"YY{iJW lil.�'�I�l r'•l �, .
<br /> • arry.shul be aDP�to the Pfi�De1��of the Indabtedr.ess. i}lender hdds any pcooaads atter DaY� .:.:� . •;� ...
<br /> proee6ds 5hs7 be paid to Tnistor as Tnstofs irR�es�maY�&6ear• . _ • ,,�.,;,
<br /> ���gpte. A"y°"ex°lred i"s'tra"ee s uha7iatn�r�r af�ti��srs. O�a f Tn�isf.o�i�m►t�sala°�!s�"cf°P`°�rtY'y� ''` •� '`' •,I.
<br /> 0��t�I;gqY-iy trusteers sae or other sai9 held undar D .�'t:'•
<br /> • Tnistar sha0 tumish to Lendsr a�eD�itts�d, �%�'; �
<br /> � ,� 7rustor's Re�A nn Inauranee. Upan re4uesl ot Lender.t�oxsevar not mcsa man once a year. . ±.F :
<br /> '' exlstirp Pa�Y ot insurance shawin9. (a)the name of the Ir�sti�-e. (0)the fsks Insured: (a)the amotmt ot tlse Po�f. (��^r�'oPe�Y
<br /> � the lhen current replacem�vatua of sucA proPedY.end�a menner ot determaurp tnas va�u�a�d (o)�°�US�cn aa����
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<br /> Tn�stor sha11.uPo��4���nQ�•have an Independent appraser sat�tactw]►to�enQer de�ine the casb v�Jua�ep►ae�e 32
<br /> :f ,
<br />, - .. prpAerly,
<br /> p�pEl�RUiES BY LEN�ER. Ii Tnutor faiis to ComAH wilh anY Provis�on of tNs Oeed of Trus1.or M ai►Y acHon or procae0irty Is�om��� . f� ,.
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<br /> ' woNd cnat�rl�tUY aftec!Lenders irtterc;sts In ihe Rroperlfi.L.ender owfA baar irdorsst a1 tre�rate provl6�d ta in t�fw Nata tr��dtto��ncund W� ' .}z��,�,;,V:'
<br />' Qeems aDDroDrfata. M1►�ount that lender a�nds in so Qoing on d�m�n0. (D)b��6dad to the Datanco ;;�'�}�,, ,�:r,
<br /> by L.andx to tho Qate of ceWY��bY Tnntw. Ail sueh�ar�a14n4�4 aDt�.� (s)b�PaY� S r,t.; F 3 ..
<br /> with anJl t�ment GaYmanb to beeama due durfn0� (h��rtn o!an11+DD�� i��,.r,,:{..j,�7.•t;���_
<br /> 01 th�No�4tld 48�DP�Oned amoeD and b�PiY� WhiCh VYm bi dui atld WY��tlt11i NGf�'s rfMt�A1f• r`. �•',-.,�,--:�;
<br /> Inswnnce Daaef►a (�ihe rort+atninp iecm of tt�IQala.a (o)be trsata0 as�db�+�tor In�P��h stia0 be In nQil6an to�nY a��a� ���,�.__
<br /> TNS Oaod of Tru�t a�o w�securo PaY+�rd o}t��aea amou�s.Ths Aphb D� �;,.�,r�,.�:,,
<br /> rertNdia to wt�s Gsnd�may Oe orttiUed on accau�A W th�dett�l. MY sueh ec9on by Lender sria�not be consbuad as cuAry tt�d��t ao cs�C� �i._--
<br />, �, . . . bar Lender f��'Y�emedY that ft athetxtise wo�fd hsw ha0. et9 a P��Ws 09ed M Trust. � -
<br /> • wAApAN4Y:QE�ISE OF TITLE.Ttse toQowinp Grovlsions�...'"`'�9 to ownarshfp ot tta PraDa�l' frq artd dme o?e0 C�rq end '—°=�-"•:� _:
<br /> i ' Titte. Tc*�e warea�Rs lha� (a)Trustor hdQ!4�and arat.�efable tiE9 of tectNd to ths L�Ii�Y in iM s��. ��;;
<br /> � enCUmb�.�s other than those se1 forth in ihe Re91 Prop�"9��an ar in aaY tltle insus�saa B�►.��P�a�niS VTlto*s@iNOn issu�d fn �.
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<br /> {�va p}�gnd 8cpepted by.Lender in connecdon with this Deed of Trust,and (b)Trustor has t�e ftA�fi�'�'p'�`�'�d aufAOrftY to i�cuta an0
<br /> .. . '<�.t,' - -
<br /> deGver thb Oeed ot Trust to Lender. �inst 1tM
<br /> . Oetarue o!Tide. Subjed�to tne exoePtton in the P�9�:'�above.Tnnta wartan.'s and e�+fi t�raver ds7�+s�u�a BUe to the PropMY .
<br />. . In the event any acUon ar��b commenoed that G'�Uons Tn�:r�f�or tM ent�nst of�rus�� :t,•y,: • .
<br /> iawtui cta►ms of afl peF.,�d.�- ,
<br /> Lender unQer this Deed cC 1f�s1.Trusta shaU detend iha a�at Tnestors�cpsr�sa. Trwtar maY�e the r.:.:.inaf paAy
<br /> Land�sliall be e�3tled W PaAkiPet�e in��,t����a"�uch U�shumarib ss��'may requ�ea�m�me tr�tfir�e o parrt�such�cpa►&�t�a� � _
<br /> - Trttstor wjY�.
<br /> a ca�to bs eaai�'r�n. __�°`��:°'�''::_,-
<br /> �,es vViln u�r.. Th�wm�b tnd tr�e Froa�N e►b Th1s�9 usa af the P�ov�1►�Rw�wnn d��av �-.•�-.
<br /> or�nances.and reptAaUOru of yavemmsrdW authoricM�. ` --4-'�,�'°�
<br /> , CplICEIYHiAT[ON.Tha fottowtn0 P�oro ratatlnp to conQemnaUon O�ooeed►nss ora a 0��C`�s�ead ot Tnut. �..
<br /> b cond�mne0 by ar�cvrrG doma:n proaed►r�ar C�'c3;ry pro��q a �.��.
<br /> '.. . . AppY�Mipn Of Ne!PIOCeedl. If ell or any PnA of ths PmPettY ano�oe u�a�.+vraa�a tn.aW�ro a+oa�to+n. ±�_ _
<br /> .,. p��in Uou o1 candammUon.Lander rniy at ib etaellon rsquke th�t�Y ar ury P •,.;
<br /> � InBeb�ss a the reAatr a restorelion o11t►3 FropeAy. The net pro�eeds of ttw nward sAall mean thvaward�He►WY�+t���p �,�+,�: . • .i
<br /> or
<br /> , �osLS,�ense�.and attor►reYs'tees Ir�ur►ed by Trustee a Lender In Connec8on wltt�1he condemneflcrt. �.;; : -
<br /> � � P[oeeedtn�9. if any prooesding In condemnaUOn Is A�d�TPUStor stie0 PromDf1Y notiH LenQer in wri�rtQ,n such�rocaeQtn�.bN LendarSSt�O ._��,t:. �.
<br /> steD�as may ba necesssry to detend the ac�on and ob1Nn the flwtud. Tnuta may be ttea nor.�:in�l P�11 P ..:.,.,_._
<br /> be eMitled to DaNGDato tn the�raceedin0 and to be reDresent�d In the Procaadrt9 by oau�el of ib awn chdce.actd Tnutar v+�d��r a `,°,*;•»i;::i.
<br /> • causa to Co da!hrered to Lender snch Instrumonts es maY be re4�ted bY�1 from U�The fotlowln8 P�o�sC"s roia8n0 o Qovemme�i�. • • .
<br /> - � IMpOSITI0G9(ff�%?AXHS�FEHS AMd CNAFtQE9 BY CaOVERMMEJtTAL AU7f10FiiTl ` • •. -
<br /> tees an�e1�s are e GaA Of thb Oeed Ot Trust ,
<br /> � � CurtMt T�ea,Fea arsd CAr�".a. llOo��e4u�t by LcnQat.Tnesta afui e�acut�such documsrds In tQdtlon to thb Osed ol7nnt and t�k� .
<br /> �nd conHnuo Lon�fs Con on ths Real PrcPe�lfi• Trustor shaD relmb�L�n6or far�H .
<br /> . 1 wt��:o!l�±r ecNOn b ra4�tgd by t.ander to pertec� a conUnuirp 1hb Oesd af Tn�;t.U�ludtnp without � _
<br /> I faxes,us desaiboA below.together wiih aii e�er�tn„i..�ks reMx!���9�d�W tt�D�d otTnat. � -
<br /> UmftaUon ae taxes.tees.dxum°ntnry sfamps.and other charges tar rccor�np or reg�"terinp
<br /> T�o tflegndeb edness secur d Dy thls Deed of Tnu1: ro e s0ecsflc taxaon TnAxstor whkh T�nnta b uthorf�d ar n4uksda�0odttet tom . , . . , _
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<br /> P� � �
<br /> pgyments os�the InAObtedness socured by Ws tYPe o�06ed o1 Trusk (C)e fex on thb type ot Deed Of Trust CharQBab�a CQs�nsl ih9 LM��
<br /> the holder o1 the Note: and (d)a specific tex on atl or any portton of the IrtQebtedness or on poyme�of PdndDa and(r�e�851 mtd�bY ,
<br /> Trusta. -
<br /> , � SubxquaM Tuea If eny tax to wh�cn fh;s sechon applies h�r�c�d subs�Qwnt to the dak+of thb Oaad o1 Tnnt,�s°1Je�s��va�
<br /> - ' �ma eflect es an Evan1 nf Detautt(as deflned be�ow),and LenQ�maY exercise anY°P��i�8`��'a����a an Event of DMaiAI es •
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<br /> provlded below uNass Trustor enner (a)pays 1�L3:c LSt�a i!�`��°!�^'�t�nL ar (b)cantes�U�e LRn es Prauld�d�bove U�a Tex9e an f_...J`
<br /> � Lisns SttcUon end dspos�b vrith Lendor cesh or e suffi�'ent Carporate sivaty bond or other seCUrity SatisPoCtaY to Lettder•
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<br /> SC
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