|
, .. . . . . .
<br /> ,,. .. .
<br /> -.rr- - r. '�';;o••. . . . ., . '. c't` : _ .ti__., . �. • �y — �h.���
<br /> =.�.`�-- -- .�� - ----- .— -' r - '' - :° -- __ :;.
<br /> . f.: _ , r;
<br /> , .. - �; r' c - x . - - � �
<br /> `.. . ., ` '. ' . ._ . � Y+. '.•'. . _ . • _ - .
<br /> �. ... , c
<br /> ,,� .
<br /> . . . _s �'. * �y••4, -.t : 4 i T� ` ``; _r.
<br /> . .. . ._ .. -. . �.�_ •�._ �_ _'t �...___---__..u..,_.__ .y.-�._...:c_ ._._.._......`__.'� " -" -----_—'-� ......-... � ;�`f -.
<br /> . � ;� /<..� � S�.` .k�
<br /> ( rv
<br /> . � ��`.: �,►� 9�- �oo��� � ��\���
<br /> _ � •` • _ t.Payme�e.Snrrower agtees to make all paymertts on the secured dehi wheo due. Unless Borrower and Lender agree atherwise, any ` .
<br /> � " paymeMe Lenda►�oeeives from Barrower or far Bortower's banefit wll be apyiied fuat to any amaurts BnRawer owes on the setured debt � � �
<br /> ---,' �q�{�a,f e�erast or pdne[pal,saeond to(r+te�est�and thert to pHnciFai.tf partia!prepayment of the seanad debi oecura tor anY reason,it witl -.-: - - ,.
<br /> te 8 �
<br /> t-.-- -�,.� - - not reduce ar eacuse arry schaduted payment urrtil d►fl seeured debt is paid in tull. ,.
<br /> � , c .-, ;,. c.�;.. -.-`-.-'�`_(_-.-��:
<br /> 2.Claima Agrryr.lnmgt Tltt�-Bortowat wrill payt et!tasea.vass9tlaae 11en o�f this deed of tru�s9t.Len�der m�ay reQui�ree Borrowe to asaign�any�ighte.ecl$i�me or �:� '. ��� .
<br /> ',� . d fenses Nfii eBOrfowe�r YmaY heve���im� '
<br /> :r ch erdes wPto j�uppty labor or materfats to improva ar mairnsin the property.
<br /> ' 3.Insivamee.Bortower will,haEp•th.9 pro�sety Insiaad uader terms aceeptabte to Lender et 8ortowePs expense and tar Lenders bensfrt.Ad � � ..
<br /> •• • insuranee polldes aReWeclude a etandard martgage dauae in favor of Lender.LenQer wiI!be named as toss payee or as the insurad on any such � � ' _ a.
<br /> . or�toABChe�seairyed dedi�If��nd�e�p�qu esgmo8rtygage �insuran�rtoNer a�ees t�o mair�In�sud�insw�aneefor as to�esi.e gnderd$requires�p� .
<br /> - "��.�. 4.Propetty.Bonower�ndil keep the pmperty in good conditian and make ail repa'vs reasonahly nece.ssary. . � �.`� �,
<br /> -,r_, _ < .
<br /> 6.6�umaes.Botro+Ner agrees to pay aU Landsr's eapenses FncMding reasonabie attomeys'fees,if Borrower 6reaks ar►y covenams in this deed �
<br /> ��— - o(vust w in eny obt'igatlun sec�ued hy ttds deed o!t�tt�st.�orrawsr uv�11 pay the.se smoanb ta leexler es provEded In Covenam 9 ot this deed of - -.--
<br /> VuS� • 4.
<br /> ? � � � 8.FRot Sec�ultv h�mrosts.Unless Bortower first obtains Lendefs written cansem. Borrowet wiU not make or permit any changes to any prio► `" ` `� ' ;�
<br /> c uIt
<br /> sec�uit�l irtteresis.Borrower�viU perform a0 0!Borrowers obfigetions under any prior murtgage, deed of trust or other security agreemeM, .. .
<br /> s.'' � , inctuding Borrower's covenants w make payments when due. , -
<br /> _ . . - _:�. � .
<br /> ; � 7.Aast g n m a a t o!Rmrta and Proftta Bortower essigns m Lender the rents and profits ot the propsrty.Untess Bottower and Lender hava agreed
<br /> mrt �
<br /> i ' • • � 0 1 h B T�l l t i s e in wtiUn g, Boaower ma y collecc ead retain the�ents as tong as Borrower is not in default.It Borrower defaults,Lender,Lendar's _ ; . ,` �_-_
<br /> ager�t,or s court appo�trted recelver maV take passession and manage U�a property and collect the rems.Arry rents lender eol�ects shai i be � �•
<br /> • , ' ne��related e�en�sesTAe rema�ning em�ouM ot re�ing court costs and etmme�rs'faes,wmmissions to reMal agents, and arry other � °
<br /> witl ffien appty to paymems on the secured Qebt es provided in Covenant 1. < . �-�4, .-,
<br /> � ' 8.Leasehotds•Condomtrdians:Ptenned Urtft OevetopmeMS.Bortower agrees to compry wttfi the pmvis[ons of any tease ff thfs deed of trust is on � "
<br /> • � - a Ieasehold.If this deed of vust is on a unit in a condomintum or a pianned unR devetopmerrt,Borcower�ndil perform aD of Borrowers duties w.-�
<br /> • •� ' unEer the covenants,by-taws,ar regutadons of the condominium or ptanned unit devetopmeM. - � .
<br /> � 8.AuBimity of tender to Perfomi tor Bmro�er.If Barrawer fails to perform any of Bortowefe duHes under this deed of uust,Lender may , --"
<br /> . , per[orm the QutJes or puse them m 6e pertormed.Lender may sign Bortowers name or pay any►amou�rt if necessary for pertormar►ce.H arry � •,
<br /> construction on the pmyerty is d�scorrtinued or aot cartied on in a reasonable manner,Lender may do whatever is necessary w protect LenQer's .;;t�ti,.,;� _
<br /> seauity interest in the property.This may indud9 comptettng tha consdvction. :•-s�,;_!—'�
<br /> � � . ` ' °'' Lender's faihae to perfarm+nn11 not prectude Lender trom exercising any of its other nghts under tha Iaw ar this Qeed of Vust ---
<br /> �f.
<br /> ' A�rir emourtte paid Dy LertQer to pcatect Lender's security irrterest wili be secured by tfifs Qeed ot ovst.Suefi amounts wiA be due on demand '�`�"A-�°�_�
<br /> � � an0 will bear interest irom the date of the paymarR urttil pald in full at the irtterest rate in etfect on the secured debL ,�a•,
<br /> � � �� l0. Oetetdt end Accelnrattan. If Borrawer faits to make asiy payment when due or breatcs any covanairts under this deed of trust or any �'%i��� . '�'�'--
<br /> '-�'S,{^K�?
<br /> � � obiigation secured by thia deed of mwt or any prior mortgage or deed of uust, Lender may acceterate the maturity of the secured debt and ;: t • -•�� _
<br /> • demand immediate payment end may invoke the power of sats and arry other eemed'ies permitted by appiicabie law. . ,�: .,,.�' '� 1.��
<br /> . . ��x;.s���,-
<br /> - ' , 11.ReQuest far NaVca af Oafa�t.k is hereby requasted that eopies of the nutiees of detault and sale be sert to each person who is a pzrty .��%�.,•�-��" �
<br /> " hereto,at the address of eaeb sucA per6on,as set torth herein. -,7;��,.'• ' ;y,Y�a
<br /> � . �12.Power af Sffie.if the Lender inwkes the powar of sate,the Trustee shall ftrst record In the o�ee ot the regtster of deeds of each courtty � �'�r�''
<br /> " � wherein the Uust property or some part or patcel thereof is situated a not3ee of default cantaicttng tfie infortnatlon tequired by law.The Tnisiee •`"`��
<br />_ . , ,.'.� ahail atso mail copies ot the notice of Qetauft to the Bortower,to each person who is a pariy fiereto,and to otfier persons asprescriDed by . .•=�s$-
<br /> app(ipbie taw. Not tess than orre month after the Trustee records tne notica of Qetau or two mainhs if the Vust propeRy Ts not in any � ��• �_ - �
<br /> � .. � • incorporated city or vlilage and ia used in farming operatlons carried on by the trustor,the�rustee shall give pubiic noUCe of eaie to the persana •
<br />
|