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<br /> � ��, . . - cov�a�s 9�— $t��+�� � , � .
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<br /> . • �, pay��, gprroxrer agrees to make al! pa ymer►ta on the sec�►ed debt when due• Untess BoROwer and Lendar agree otherwise, any _ :.F'`.� .
<br /> '�'(� • payments Lender reeelvea fra�Borrower or tor BoROwers benefrt wili he apD��ed tirst W enY amounts Bortower owes on tt�s secured debt
<br /> --- =--- ��re�duece°or�zcu�se a+N sd�eQuf P 1m�esitLeur�h�the d�ed d�po d�ta tuU.8.�W.@DeY�?ent of the seaued deUt occurs tor any teason.it wi0 .- . `
<br /> -- `�^-- -- - 2.Ctaims Agatnst Titfe.Borrower will pay aU tazes,assessme�.and othe►CA9tg9e atfi'LutaDte to fis proDe*tY an`�en dua and w+7!detend titie �.�. -:'=,.-:
<br /> . ' to the property a�sinst arry etaims wtueh wouid impa'v ther lien of thle d8ed ot�rnsl.�ender cnal►�eq�Ue Borrowar to assign any rights.daims or : _
<br /> 5 Qetenses which�ortower may have egainst Oardes who suD9tylahoraunaLarialato UnD[nve ol maintair►the D�oPBrtV- . t�.,
<br /> � 9,fna�aanee.Bartowar wlli keep the proPerql insured�e���8���e��nder at Bortower's expense and tor Lender's benefit.All
<br /> `�..
<br /> ins�uenee policias shall tnctude a standard martqage dause in tavor of Lender.L.e++de►wi1�be named ee loss payee or as the insured on any sucD► �• ;:
<br /> ' . i�o�the edued de�i I!Lendceer equuessmort9a9e ins�uran�Borrower a�e�$ tobmal�in such eins�aence f r as long as Lender equires.raperty ; � '
<br /> ' `� ` 4,property.Borcower wi0 keep th�propertyr in good condition and make ait repaira reasonabty neeessarY• �� ,. ,` °.' .
<br /> • �L;:.::-"' S.Esq�enses.Bortower agreea to paq atl Lender's expenses inctuding reasoaabte attomeys'tees,if Barrower hreaks any eovenants in this daed � . .
<br /> _ ot uust or in any obfigaCOn secured by this deed ut vust.�artower v�nll pay these amounts to L.ender as pro�Ided in Covenar►t 9 of this deed oi F _
<br /> — - - " : 1 trust. �-�- . ,
<br /> � �;�� 6.Priof Seeu�tY trrteresta.Uniess Borrower first obtains Lender's written consertt.Bortower will rot make or permit arry changes W any prior � .', k .
<br /> < , 1nc ud�Bo�w rs ceve enaMS�m m�k Pa�m�e�s whenedue�b��g���der any prior mortgage, deed of trust or oiher setarityt agreement,
<br /> r' . _
<br /> �.����R��p�{�,gorrouve�assigns to Ler.der the rerrts aad profrts of the property-Untess Bortower and Lender have agreed
<br /> �;` , . otherw�sa�n w�ng.��d ecert'�rv�er ey take Pr�,�an��m age the pmpertYTand cnftect the rents Any rents F.end�I eects�Uebe 'S �: ,__Y
<br /> •- agetrt,or a court aPP
<br /> aAPGed first tn the cosLS of managing the property, inctuding wurt costs and atto�me n Utiee secuied Q bt��pr�oved�tnaCov�enam 1anY other .'r ..
<br /> - ' � '� necessery related expenses.The remai�ing amount of rertts un'tl then apptY to paVm '.. �:
<br /> � . • •�� 8.Leasehotds•Camiort�:Plarmod Uidt Qavsiopmemo.Borrower agress to compty with the Gravisioris of any lease if this deed ot Wst is on . , ;' �=
<br /> a Ieasshoid.1�this Qeed of vust is on a unit in a condominium ar a pluu�ed unit developmert.Bartower wiil perfortn ai1 of Bor►owers duties �_J
<br /> under tha covenarns,b1Naws,or reguiations of tAe condam'mium or ptannsd unit devatopment. ._.._
<br /> "� � • . ::� 8.p�a�y�}�d�t to Pe�taRn tor gmraw�.If Bar►owar taits to�perfortn any of Bortower's duties under th�s dead oi trust,Lender may ; .-
<br />- . - ':. � Pedorm the dunes or eause them to be pertortned.Lender may sign Borrower's name ot paY enY amourrt if necessary tor pedormance.if an1► ` . E
<br /> constncction on the propercy is discorrtinuad or not carrled on in a reasonabie manner,lender may ao whatever is necessaN to P�otect Lender's ��. � __
<br /> -` . . : � seeurity interest in the pmvartY.This malf include comptating the ccnswctian. ,����
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<br /> � LenQers fadure to perform v+dll not predude Lender from exerdsing any of its other rights under the Iaw or thts deed af tnut- .. y ,i
<br /> ' AnV amou�.paid by LenQer to pratect Lendera security interest w+U be seciued by thia deed ot trust.Such amau�wili be due on demand :". ;�:,,$,
<br /> . . -= - an0 w1i1 bear�Merest irom the date of the payment ur►til paid in futl at the irtterest rate in eHect on the seeured debt. __ .;;<<;,;.�_
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<br /> 10. Oefau[t and Accai�adan• tf Borrower taita to make any payment when due or breaks any covenaMS under this deed af Vust or any '•.,,_����_
<br /> ��� obiigation secured by this deed of trust or any prior mortgage o�deed of trvst,Lender may ecceterate the maturitY of the secured debt and •?: .
<br /> demand immadato paYrt►ein and may inwke the power of sate and any ather remedies permitted by appificabie taw. � ,. x�
<br /> 17.Retp+est tor NQdeo ot Qetau1�.n is hereby�equested that wD�of ihe notices of default and sala be sent to each person vifio is a nARy ��4 j��►;;
<br />��... ..`�.:
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<br /> • hereto,at the eddress of ead►such person,as set fo+th herel�• _ ���r�;;',���:
<br />' . 12.Power af Sate.if tfie Lender invokes the power of sate,the Trustee sha8 flrst record in the affice of the register of deeds of each counry =,�.,�
<br /> ,' �� wherein the uust OroDe►tY ur some part ar parcal thereof is situated a noiice of dafault corttalning the informadon required by Iaw.7'he Trustee .�-�T��
<br /> �• ' sfiall elso mail copies of the notica of detauk m ttie Bonower,to eseh person who is a pacry herete•aed to other persons as preno�eny }`�� .
<br /> applica6ls taw. Not tess than one morttl�after the Tn�stee recotds the not3ce of defauk, or two morrths if tAs Vust proparty is y s �',�
<br /> incorporated city or viifage and is used in farming operations carried on by the trustor,the Ttustee shail give Dubllc notice of sale to the persons �,-�__.
<br /> <, �.•: , ` and in the mannar prescn'bed�yy appplicable iaw.Trustee.withuut demand on Borrower,sfiall sell the property at pubiic suction to the highest '. -
<br /> . � ?�'.s•� bidder.If required by the Farm Homestead Protection Act,7rustee shatl offar the property in two&eparate sefes as required 6y applEcable law. ,�:.
<br /> �, Trustee may postpoae sale of all or any parcet of the property by pubiic announcement at the time and place of any prevtousty scheduled sala. ',,:� �
<br /> � • ,. Lender or fts dasignee may purcfiase the property at anV sa�e• ;' '. _��,,.
<br /> � Tr�us�tee s Qeed shali be pr�'ana fa�ci�e evidien�of�the vuth�the stateme.n�ts co�lned d�e eintlTrustee shail ap�t��e�eeds of Uie s�a ei iceithe � ___
<br /> - following order. la1 to aU expenses of the sale, includng, but not Umtted to, reasonable Tru,tee's fees, reasonahte attomey(s fees and ��-::J_
<br /> • ' reinstatement fees;(b)to ail sums secured by this deed of uust,and(�)the balanee,if any,to the persons legatry e,�tisted to rcceive it. ':...:� ;"Y
<br /> 13.Forecfosuta At Lendar's opUon,this deeA of uust may be forectosed in the manner provide by ay0�i�bte law tor torectosure of moRgagas . =.�:v.
<br /> ' on teal property. • . .:�=�
<br /> ' 1 � 14.(ns�ecUan.Lender may enter the propertY to insyect it if Lender gives Bortower notice beforehand.The nottce must state the reasonabie �:�
<br /> . cause tor lander's insDection. . =_�
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<br /> ��� '. . 16.Condemnatlon.Bonowar assigns to Len der t he procee d s o f a n y a w a�d a r c l a i m f o r d a m age a c o n n a c t e d w i t t i a c o n demneUon or other taking
<br /> of a11 or any part ot the proparty.Such proceeds wAI be apptled as provlded in Covenant 1.T his assignment is subJecc to the terms of any pr lor :.�_
<br />_ , securitS►agreement. - . : •:j�r��,r
<br /> ' 1g,WaSvar.BY ezercising any remedv avai►able to Lender,lender does r+ot glve up any righta to Iater use anY othet temedy.By not exercising •` .,
<br /> ` � any remedy upon Bortower's Qefautt,Lender daes not waive any right to Wter consider the avent a detauft if it happans again. .
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<br /> 1 " .., � 17. Joint and Severet Lia6Ntv: Co-aigners; Successvrs end Asatgns BounQ Ail duUea under this deed of trust are joiot and several. Any
<br /> Bonower wfio casigns this dead of tn,st but does not co-sign the unQerlving dabt insuumentts) does so onty to grant and convey that
<br /> � Borrowe r's i n t e r e s t in the pro pe rt y to tRe Trustee under the terma of tfiis deed of trust.In addrtion,such a Bortower agrees that the Lender and .
<br /> ' , detrt without thaWt Bo iower's�consent and w�thouYt re el asing tha�Boaawarfrom the terms ot�this Ceed of trsus�tf.t hi s Q e e d o f v u s t or the secured :
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<br /> • The duNes anQ benefita of this deed ot trust shali bind and beneitt the successora and assigns ot lender and Bonower. , • ��'�
<br /> I' ` 18.NoUca.Untess othetuvise required by law,any notice to Bonower shait ba given bV dallvering it or by,maitlng it by certified mail addressed to �
<br />.:��1�� Borrower at the properH addresa or a�►y ather adQress that Bonower has 9iven to lender. Borcower w�il gtve any notiee to Lender by eerNfled • .
<br /> _� � . � j be sent toe nders address as Steted on P 98 1 of t istd ed Ot Vu t�er addreas which Lender has deslgnateA.Any other notice to Lender ahatl . ,
<br /> Any notice shall be deemed to have been glven to Borcower or Lender when given in the manner stated abova. • '
<br /> - 19.Transfer of the P�oparty or o Beneflcial tntorest in tho Bortower.If all or any part of the O�operty or any inte+est in is is sold or trensferred .:. :
<br /> wlthout Lender's prior written consent, Lender may demand immediate paVme�t ot the secured debt. Lendor may atso deman6 immediate
<br /> • payment if the Borrower Is not a natutal person anQ a beneflcial interest in the Borrowet ia soid or ttansterred. Howevet, lender mey not . _ .
<br /> � Qemand payment in the abova situetiona if it is prohibited by federal law as of tho date of this deed of trust.
<br /> 20.Rewavoyance.When the o�ligation secured by this deed of uust has been peid,and Lendet has no turther obilgation to make advancea �
<br /> under the insVUments or a8reements secured by this deed of uust,the Ttustee shatl,upon wrrtten request by the Lender,reconvey the ttust
<br /> � • . � property.The Lendor shatl deliver to the Borrower,or to Borrower's successor in interest,the trust deed and the note or other evidence of the
<br /> � obligation so saUsfied.8orrower ahail pay any recordation coats. .
<br /> � ! 21. Sueeosaor Tastee. Londer, at Lender's option, may remove Trustee and appolnt a aueeessor trustee by first, mailing a,copy of the
<br /> � � � .. � substitution of trustee as requited by appilcable lew,and then,by titing the substitutlon of uustee for reeord in tho otfice of the reg�ster ot deads ,
<br /> �? � succeed to ail5the poweh tduties euthoiit�y ond title of the Tr�t e amed In he deed of eV�us�t and of eny sucr�.essor trust e.of the property,shall
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