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`�' cav�+untrs 97— `����i�� � �«r -==-
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<br /> • � 1, peymetna, BomHer agreea to make all payments on the secured debt when due. Untass Borrower a�d Lendar agree otherwise, anY ' _=
<br /> payments Lendar recaives frpm Bortowor or for Borrovrer'a bensfit will bo eppF:ed first to any amounts Bonower otwas on tho sacured debt —
<br /> oxdusive of inierest or principat,second to in2eresK,and than to prinqpaL(f partial prepsyment of the secured debt occvra for anY�eeson,IL WIII �•,N�, • . .' �«
<br /> �.�� . not reduce or excuse eny schs6t�tod paymenYunfl the secured dobt ia psid in full. .� , �
<br /> `' a,(X�im�qga(nst 7�d�,Battov`ec wiU pay aU tsxes.assessmo�is,and other chargas attributabte to the property when Que and will6efand tiUe . . • � ����
<br /> ' to the propartys3..ln��ssyt 'ea..°ims vrt�;th woutd impair the�ien of thia deed of trust.Lender may require Bar►ower to assign any riQhts,daims or , , �_,
<br /> . detanses which Batrower may havo"BSafnst p9rCea wM supaly 18bor or materiats to improve or maintain the propertV• ,
<br /> ' -' 3.Insuranc�.Barrower v�iti k58p tha proparty ir�wed under terms accc3�tnb�o to Lender at Bancwer's expense and for Lender's benefct.All :. _ � '��
<br /> - insuranee po8cies shail inGuda a st�ndard mortgage cisuse in favor of Lender.Lender will be named as losa payee ot aa dte insurod on any such � . : - - _
<br /> o meU�ie se�eured d btfif Land re�equiteagmorigage in�surance Barrnwei�gtlees to mair�ita n sud�insu ance for es Iong as lsnde requUes roparty ,� ��
<br /> �.
<br /> � 4.Prcyertyl.Borrowar witl kaep tha proRerty in good eon6idan and make all repairs reasonabiy rtecessary. • ' �s•
<br /> � � 6.Etpenasa.Borrawer sgrees to pay ell Lendar's exAanses,includng reasonable attomeYS'fees.If Borrowor bTeelcs any covenants in thls deed ' ��� : -
<br /> --- of trust ar in any abligaYson ssaued by this deed of truat.Bonower vnll pay these amounts to Lender as provided in Coveraant 9 of th�s deed of _' • , ,�: _
<br /> Vust • . J
<br /> ` g,gder$fatrity Qrttereab.Unles& Borcower firat abteins Lender's writtert consent,Bartower wiil not make ar partnit eny changes to any prior ;•�;�:;
<br /> ' &ecurity tMerests. Borrotver will perform a0 ot Borrowers obligations under any prior mortgaga, deed of trust or offiar seauity agreement, , - �%,-
<br /> • induding Bosrower's covenaats to make peymerns whan due. - , ,�;,y- �'
<br /> .��:.;.y�fi8=
<br /> � 7.Awi�tmMf of RuAs artd Rofits.Bortower assigns to Lender the rents and profits of the property.Un[ess 8artower and Lender hava agreed .""'�1f+��:r:---�
<br /> otherwwe in writinp.BoROwer may coUect and retatn tha rents as long es Bortower�s not in defauit.tf Borrower dafautts.Lendar, Lende�s � -,y�
<br />' ageM, or a eourt appoir►tod rocetver may take passesston and manage the praperty and wllacc the rertts. Any rems Lender coUects shatl be ,
<br /> � appited first to ttte eozts of managin8 ihe prape;tY, induding caurt costs and attarneys' fees, commissions to rantel agent6, and any othar � �-��` ---�-�.w:-a-
<br /> • necessary relatad exCensos.The remaining an:ccnt of rents+�+r;ll tnen apply to paYmerrts on the secured detrc as provided in Coveaant 1. ,,•-„�g ___ --
<br /> 'r - - -
<br /> • 8.�p���y.��pry��na;p{�rz�d unft peve��Eo�+nwer agrees to comply with the provisions of any lease if this deed of trust is on _
<br /> a leasehold.If this deed of uust is on a unit en a�a-�'✓�.��r�:n or a planned unit devetopment,Bortower will perform alt of Borrower's duties • _
<br /> ` ` uader the covenants,Dy-�aws,or regulaUOns cf xQ�r.dominiusn or planneQ unii dsvelopmeni. _ _- -
<br /> � 8.Autharity of L�*so Partorm ta►Bura�sc'• H Bonower faits to perfarrt arn!af Borrowar's dutiss under thls deed of ttust,Landar may . -��•��;��_�=—
<br /> perform the dutles or cause tfiem to be parfcsr..ed.Lender may sign Berrotac-r.`a name or pay any amourti if necessary for perfnrma�u.tf any ,��'
<br /> a �
<br /> consbvction an the property ia discorttinued or not carried on in a reasona6le�s�ar,Lender may do whatevar ia necesss�ay to prateci Lmrdtu's ,. `Y� -- - _
<br /> ¢ecvrity interest in the properiy.This may indude oompSeting the construciion. ; §� ;_ _
<br /> ` Lender's failure to Derform will not preclude Lender from exercising any of its o4her rights under the law or tfiis deed of trttst. `�'e;+w;,��= -:�r-ox
<br />. : ';i: "'J'•y`}"`;` ? �-:'_+':
<br /> ;°.�.r^'��,� �r�y amoums pr�by Lende►to protect LsaG�r's security irtterest will ba seciued by this desd of trust.&ueh amovme wilf ba due drt dcrosicd �.
<br /> .;,;��= and wf0 6ear irtIDC�est from the date of the paSfm'�'�t urrtil paid in tu11 at the iMerest rete tn effect on the aacur¢d dstrt. `�-�-�� � . ","''�`:`•��-
<br /> .'�"x.?'?�' , "� �.��--
<br /> ��, p�{�� q�ndan.(f Horrower fals to make any paymertt vrhe� due or brealcs any covenEnw under this mteed of uust or any :�--�.•_--,
<br /> o3�'�tion seauad by this Qsad of trust w a�y prior mortgage ar deed of trust,Lender mss.y acceterate the maturity af rhe secured debt and "j';!�'t'"� _ - , ,,;^.
<br />' demand immediate paYmam 3r'�1 may inwke the pawer of sale and any othar remedias p�m*itt!:d hy applipble law. F�
<br /> � 7 t.R�qu�at tcr E�'ic�'•.eu of�iLR.It is hereby reque�ted that copies of ttfe notices of QeS�.-tt a�d sale be sm�t to each�muon who is a party ��t� �',J-
<br /> • hereto,at tha e�9:css of eac7►s�ch person,as set forth herein. �.,. -� �'--I
<br /> 92 Vawar of SaZa.lt ttee Lender inwkes the Do�r of sale,the Trustee stv�ll.frrst recard tn the office of the regis�er of deeds of each cour�tY � �, -�.
<br /> wheretn the uust DroPB�N��'�Pan or parcel thereof Is s3tuated a notco af dafautt o¢Maining the informaUon required by law.TAe Tnistee "� � .�,::,; ..
<br /> shell etso m�fl coples ot tRo r,�04 defauit to tha Borrowcv:..to each parscn w�Atm is a�»rty hereto.and to other psrsons as preseriDed by �, :, •�:_
<br /> ayplicabte taw. Nat less thair�°montA afte►the Trustee r�zrds the aotice of c'tifaulh,.�twa months if the trust property Is not in eny ���• � �r :._
<br /> " • incorporoted eity or viltage ci.:�t:���sed in farming o� erations earriad on by tha trustor,Ux�'rs,�ee efialf give pubGa notice ot sate to tfie peraoms � ,
<br /> p ad
<br /> . � and in tfie mannsr prescnbed�a 3DDpticabta law.Trustee,without demand on Borrowss,:�n-el sell tfie property at pu6lic auctio»to ths hlghest ;
<br /> bidder.H reputred by the Farm Nomestead Fre:seUan Act,Trustee shall off�a the prc�artr �_rwo separote sata�as required by applica6le law. ' � •'.' '
<br /> - , Tnistee may pa�^�cne sala af aU or eny p�rc��the proporty by Dubtic ar.rswlr•�u:^er.t sz-^a t3me ar.d Mrz�of any previously scheQuled saie. i 9 �
<br />- ;�y,`��
<br /> Lender or i�Q�^�C�e may P��e the��nrau,at any sa(e. ��. `F-�`.
<br /> ' �IIOn teeelpt o�f CaymeM ot tflro�`ee bid,Trustea ahalt deliver to ifie purehasra-T,:r�e�a dks�f eonvaY�p me property.Ti�o recitials corttained in � �-
<br /> . Trv,c.ae'c dead shall ba prtrt:3 f�r3 evldience of tha Vuth of the statemer�cc�r.ed dsarui��. .Trustee anall spyly the proc�s's of ths sate in the -.. . �;�'.^,:�y�' —
<br /> t�'fc•xin8 order: ta)to all ev�cG�ses of tha eale, inctuding, but not timite0 to, rea�rtc5:��e Trustee's fees, wasonah1r£2,torreo}(s fees a� t===�`• � -__
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<br /> reiisstatemant tees;ID)4o all sums secured by thls doed of trust,and(e)tt+e tra5aece,df ec�•,:o the persons legatty emitlad�s�eceive k. • � -
<br /> � 13.F�ndae¢'�.At Lenders option,this deed of trust may be toroelosed irs tfsr�-�anner pravldo by epplipbto tew for toreclosure of mortgages �� �
<br /> on reat properr.Y•- -- _.
<br /> t4,tru�ayon,(:�n6�r may eirter the property w mspect it if Lender givea B�rtower noL'ce beforehand.The ooUce must state the reasonabte ���� ~
<br /> ,. � cause for Lendafs RspecEcn. ��-���-,_-:-
<br /> ��� �.:=
<br /> � 16,�,gpRpw�r m��s to l en der t he�r o e a e d s o f e n y a w a r d o r c l a i m f o r d a m ag e s e o n n e e t e d w i t h e o o n d e m n z N on or other takin g .C,� � r•� - '
<br /> of ail ar usy pa�3 ct�pr�ur�: uct�procoeds wi I ba applie0 aa provlded in Covanant 1.7 hls asslgnment is subject to the terms of any prtol �,.• �._.. ._ . • .
<br /> f seeurit!►a9reecr�r� �i;=;,:� .�,u��-�_.
<br /> 'l.'t,:ka; t�
<br /> �., � up� eQy.By not exerctsln �..wi .
<br /> ;:lY�:���: 18.Watw►.BV�•."��'in0 ar►y reme�y����s rat w i�anyBripM to�tN�cons �y rlgfits to lator uae any other cem 0 ' '�Y�1 '� ��n''�-= "
<br /> Idar tta sv�nt a detautt if it ruppeas�pain. � �.:.:• � ::..' �
<br /> t.. any romedy upon BotrowePs dttault.Le ' >>�.��
<br /> .. 17.Jokrt ar�0 Sovcrd Lt�iIDtY; (�s1�rs: Succason and Assi�a , , �.�J�'N� _ --
<br /> � Bamd. Atl duUea u�ter thls deed of uust us joint and ceveral.My f��' �r�;; k�"`
<br /> Banower who co�ipns thL9 d►arn8 of trust Dut does not co-sign the under{�1ng debt instrument(s) does so on1y to grant and tomrey that ,�3�t�+;�-:.Y•���:.�=1�-- '
<br /> � eorrowsr's Ir�m.�tn etw pro;erty w the Trustee under the terms ot thia deed ofmcst.ln additlon,such a Bortower agraea thrt the Lender and y ���:•:,�;;;,�� . .��-
<br /> any other 8arravrva under thla deed of vuat may extend,modifv or r�ske any other changes in ths tartns of this daed�f trust or tfie soeured ;���,.���.,�;;-' �
<br /> ' � debt�+vttt�nut tl�a1=�'crrowers consorrt end without releasing that�orrowcr from the terms ot thia doed cf Uust �;'�`"
<br /> f..%:�. �. ..
<br /> L���"�<�`�`�y��' �''
<br /> � The duNes end li�tt:sflts of thto daed of truat shall bind end berrofn the�uccessore and asstAns of Lender and Bonowor. �r��._,,:��:_=s.•�._
<br /> , s�r<-= _=---= ---=--T.�- e j
<br /> • 1e.Nof1e�.Unfeza otherwlse roqulred by law,eny noties to Bortower ehalt be glven by delivarinp it or by mailinp it by certifle0 mail addresssd to ��L'j������°===-
<br /> ' Borrower et the propert/�dQress or eny ather address that Borrower ha�given w Lender.Bortawer wn0 give�rN noUcs to Lender by eertified !4•:•-�� � �
<br /> n e 1 of thl�deed o f t r u s t,o r t o a ny o t h e t a d d r e s s w h i c A L e n d er has desi y natod.An y other notice to Lendar s6�a11 �' ' ' �.,I°�-
<br /> mail to Lender's aQQrsss o pep
<br /> be aant to Lander'a addrea�as steted on page 1 of this deed of uust. _ _
<br /> �T...,, , �b��'�_
<br /> �`?;�. � Any notice ahuil he deemed to have been piven to Bonower or londer whon g'rvon in the manner atated above. �pM ,._
<br /> '.'�;',�. :,: ... �, „ �,. . �
<br /> 99.Transir of 1M P�rt9►ar�B�Ad�i Hw��in ths B�rroww.tl all or any ptrt of tho propor�y or eny intoraat in it ia sotd or vansfenad �.s.�_--_.�:...-� �
<br /> � without lsrtQar's prtor wrirton eonssrtt,Lender may damtae�d immediate payment o}the cee�ed deDt. Lenaer may also demaid immedlate T .
<br /> piL�motrt it tlte Bortoweo ic r.cS a natural peraan aod a UwsaHciel irrterost in the Borrowar is sold ar vartsferted.Hovrever, L.eader may not ,
<br /> .. Qemand�ayma�n inthe a�o�o s:tuations if it ia prol�Ib(ted hy��ufaral Iaw as of the date of this Qeed of trust. �^�``��'p�,����
<br /> 20.Rkattsraqauco.VJhen tl�s obUg�tian seeurnd by thls doad of m�st has beon paid,and Lftnder hes no furthor obttg�on to me{co edvanees , ,`..r"'�'�°:`'"�•��_•.
<br /> t! �•"� . .
<br /> undpeer tho irtsm��r.unte or a eemonts secured by thia deed ot trust,tho Ttiu•stee uhall,upon written roquost by tho lender,roconvaY 1f�o bust ., ,.,��__����,, --
<br /> . ob�tgaU�on soesLe4�isfiedgQorto�wersAall pa y�ny ecardatl n costs er's sucwar:nr in interest,the trust deod a�d tho note or mhe►evldenw of tM .; '.�ry Y:�:Y.���,.�7�
<br /> t. , ..•.�.. .
<br /> �wMi�tv�r.d/:+ozso-:v-r.
<br /> � 21. Suec�esw Tmttn�. Laa�ar, at Lender's op8on, moy romove Trustee and appolnt a successor trustee by flrst, mailing a wpy o! tho 4 , i�l���rr"5�+�>jt=--"
<br /> ' � substitution of trustao ss rcqulreA by applieahle law,and then,bV fiUng the cu0stitution of trustee fot record in the offlce ot tAo rvpiste►of QeedB _ •_ ;. �%:-�' ,
<br /> of eaeh caunrj in whieh the trust property, or come part thereof,Is sttuatad.The successor uustoo,without conveyanco of tha propariV.�hall _ . _
<br /> sueeeed to a0 the Dower,duties,authority ond We of the Trustee namad in tho deed ot bvst and of any succossor trustoo. • • K'' •
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<br /> fPega?o17J � • . � �.
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