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<br /> . an8 agzee that this �eeA ,'� ��i �' �•�" ..
<br /> - � 18. 8ubosdinatlots. Lendez anG 8arrqa..z acknovle3ge
<br /> o£ T=us! ia sub�e�t ana suboxdlrtate in ali ;eapacts to the ilens, terns. � • " ��-=_=-
<br /> ti• eovenants. an0 conditions of tAe need t t" -st DeoB of T=ust°1 securingl '�'
<br /> ������-t Prle ^�enlo= Lien Holdec"A t` �
<br /> ' a note payable by 8orcovet to �""''— y �_,_.
<br /> ���•' an8 to all a8vaneco hesetofore ma8e oc vbic ma hccea£tec be aade pussuant to _^_ _
<br /> �• the Ficst Deea of Tcnst lncluding all sufla advanceG fos the purgose of (al c. _
<br /> L- pzoYcet3ag or furthas seeurina� the llea of the First Deed of TLUS�, duzing ��_�.
<br /> defaults by BoLSOVe= uades the First Beed of 'i'iust, or for sny othea purpoae =
<br /> expzeasly pera�itted by tRe 81rst Deed of T=nst, o= (b1 coastxucting, renovating, _'
<br /> .., ` �epaising, E�ltnishing, €ixtusing, os eqvigping the Pzoperty. The t�rms anA
<br /> � provisions of the F!=et DeeB of Y'YUSt a:e pasanount and contsolling, end th�y
<br /> aupe=sede aay other Yersa and� psov1sions hflseof in conflict the=evith. In the .,•_,---.
<br /> ,__,�_ _� event of a £o=eclos��ze or deed !n lieu o� fo=ecloauze of t?�e Pitat Deed of
<br /> Tzust, any provisiona hecein os any psovisions !n any othe= collateral aqYeement `
<br /> � - =esiciic�tng the use of the PzopeLty ta lov- o= mode:ate-lneoae households or �.._;.
<br /> � otheivise zestrieting Horcovers ability to se21 Che Property shall have no .
<br /> furthes fosce os ef£ect on s:�bsequent ovne=a or puzchaseza of the Prop�zty. Bny
<br />� • per9Qn, SncluQing his successors or assigns (ot6er than Sos=ovet os a =elated _
<br /> � ' entity of Hozrover). =eceiving title to the Pzopa=ty thiougn a foreclosuse os
<br /> 8ee8 in lieu of fozeclosure of tAe P1rst DeeB o£ T=ust shall seceive title to �`_,�
<br /> . the ezoperty fsee ane eiear fsoa snch resttictlor�s. ursuant to �"
<br />• Fuather, i£ the Seniox Lien Holde= acquises titie to the eroperty p
<br /> r .`:� a to atLcaliy Ceswinatelupo ethehsenioz Lien Holder�'s acquisition of title, �
<br /> psovfde8 that (1) Lender kas been glven vsitten notice of a default ua8et the
<br /> � Ficst Deed of Truat, and (it1 Lender sha12 not have eused the rleFault under tGe �`"`
<br /> Fis9t Deed o£ T�cust, or diliqently pu=sued c+�zing the default as deternine8 Dy _.___
<br /> � the Senioz Lien Hold�e=, vitbin the 60-day pasfa8 p=ovided in such notice sent La � _
<br /> • vendes.
<br /> �..,
<br /> u IH BITN888 BHSRBCF, Trustoz has executed thia Dee3 of R:ust as of the date
<br /> ,"•: anc] year £isst aDave vritten. ""---
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<br /> � STATE OF ta8HR8,31tI1 ) � �
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<br /> _ ... )as. xo-,�.,,
<br /> •� ' COUIiT3t OP HIILL 1 �°`
<br /> -�`:;_.- . . �iiecr:,.
<br /> �-.?l�.�:��;i � ' ---
<br /> ;;;a1 Tt�e fozegoing instsument vas acknovledged bafoze rae this Zn� day of
<br /> Januasy, 1997 by 7l1E=edo V. an8 Panchita Postfllo, husbaad and v�ife.
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