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<br /> � "f3�1�1998 � DEED OF TRUST � ���������? Pa�e 3 . . . � . -_
<br /> Loan No i22481 (Co�inaed)
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<br /> ' tnYd�r ItM Yen. tn ury ea+ftist.Tnst4r ahiN�f^.nfl Ecei�flnd Lend:r cM;ha9 s�i�ly eny aQverse I�9moM bcstocs snforaertwn9 agaln,�t ltsa , '_. r:-
<br /> ? P4roptrh. Tn�stnr atafi nam�L�nd�tt�n ad�iUonal oD9�:a unE�enY swe2ll bortd Nr�hsd in Me eontssf Draceed� � . ' -
<br /> � E�r3t:tc�c�o!Paytf7e�:L Tntstor sM1�an dertund faxrtx:h to tandet SaLSt3GorY evldereoa ot payment ot the taxes w essessmer�ts tnd shai -
<br /> t�AriottLf tno e,p��o�v.���.�••o�"^='"��e�i anr�a1 nny timo o aMY.an statamgrtt ol ltre taxss nnd assessrtwnb¢II2tt�!the __-__-_ - - __^-_:-
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<br /> PLO2ka of Ce+�-Yn�Ker�lsc9 na�tyl L�+�d�r af feasl fiRaon(16I daYg bstore any�nrak is eammenced.enY servlo0s are t�r�tsNd.a enyr . . �
<br /> mat�(Yt an supDiiad ta ttr Rroparl;r,H any macttiantz'a�n.matedatmen's Oen. ur ath�lien could be asssrted on exou� 01 the wak, . --
<br /> a�ruY��or matert�ls.Trustnr w�upan aAu�t oi Lender furn4h to LCMer ndvareee ass�ances satistactary to Lender thai Trustar can and w� , .
<br /> . � P�Y f��t af stich tmprovenwn�. . �. .-
<br /> - j PfiCPEiiIY @AL7AG�i�I91F�.'�{7!'c.709 t�:o�tfrfl Dra�.�Gr��3�8 to Utst�ir�tt�9 Pt�JedY ere a par4 af ih�Daed ot Tntst. _ - - - - _
<br /> � ` 1 INintuwra W In�moP. Trustor alsaY precu�and maintafi po�des e!f�e iraivance witl�standard ext�n�d cav^,rapa endo�..omQrUS on a
<br /> � rapl000rt�ard basis tor ttr tu9 trmwaLla�raLie eovetinD�ImprewmenSS on the Fteal PraDs+�ll fn an amount suflfeta�to avotd a�ptaeaflon of arry
<br /> . ,l co0tauraaa ct�usp,and wW a siand�rd mor�Dea c��asa in tavor of Lander. Tn�stw stiall also Proaue end malnffitn coe'�PwMinNa�noral • . -_
<br /> i Ya�iity tnsvar�ce tn such coveraqe amoucds as Lw18er may nquast wtth buste9 ar►d londer Oafe9 named as addHOrsei[nsureds in s�uch 6abt�}► � 'C;.
<br /> ] �poti�s AddBortaiy.Tnsta►aha�rt►�intin such ott�r U�surar�ca.U�udtnp btd nat�mited to hazard.bt�nsss i�trp�cr►.sr►� • •1
<br /> ba:ir Gs�ur�nca.as l2rtd�may re9sanahN�4� PaQeMC c h a 9 h�w r i t t a n i n t a r m.n n w u n�,c o w r a 0 e s a n d b s�r e e s o n a b�'Y�V�m -
<br /> � � L�ndr and Bs�wd by o t�nsPtr�Y a oomps�s�b acceptabta to L.onder. Tnistor.uPon wqu�!of Lendor.w�deltvvar to L�nd�r Erom . . : . °
<br /> • 1 9nr b flrtrtw Uw pat�or o�d 4�suranrA in to�m s a 4�c t o r Y to L en d�.indu�'c n 9 s tl PulaUaru that cov�ra�s w�nal bv eanc�iP�d or . . .
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<br /> � a�nr�srwd,�trto�,�at t�!Mn po)a�n'oda►w�n�c.so t�ndw. Eacn i�ar�ce oa�r a�so snau tndude en andwse��a��a� . .
<br /> • � � ouwfp�tn(ava d I.�nd�r rx�rret bo tmp�irad tn a�Y�Y bY a�►Y ed�omlsstan or d�auit af Teusta or anY othar person. Sha�d ttw itaol - .:, y= --
<br /> prcprty at arry tlssy bocoa�a IacaWd tn an ar�6eslDnatod bY ttw Dtraclnr of tt►a Federal EmerBencY ManaGort�eN A�enc!►as�sp�a1 Aood
<br /> Razard ar�a.Ttnstor eCrees to obfaln nnd maintain Federal Rood Insurance to th9 a�dent sucA tnsurancs�requked by LonQor and is or . .�. . ,.: .;,�!"`'t'_
<br /> ' ' b�cam�s�v�ftabia.tar the trm d ttr tan and for the f�tl0 unAaid pdnc[pa!baiarae ot the loan. a tha ma�dmum Qmil a?covenaa,s that b :., .. --
<br /> � ava9�bta.whlcriavar is Iass. � ,�. ��` ,. ,�
<br /> - AppYCaQion of Pr�OCNdi Ttustu EhYM GmmD�Y��Y��ot anY lass or dama43 to the Property. Lender may mako ProoT W ta9 if TrustOr .. _
<br /> � {�to do so witnin Rtt�n(151 days of tAr easuatty. Whethor or not Lsnders securfH ls impaUeQ lender maY.at ils otoc8o�.ncatw acd wtain � "• ...,'.�,_ ,_
<br /> � tt�prawads af enY ir�rar�and aPPh�D��to ttw reduction of riia lnde6tedness.PBY�nt of any Ben aflecdny the PropeRK a ttr "` ,�.�,_
<br /> •. �stp�9on ufd nPai►M Ih�A'cDrrtN. It landar Wc3s to apV�Y�P��ds 4o restoratton and repair.Tnator shaD ceD�r or�tf�s ..° �•;�,,.�
<br /> . darn�d or destroY'od�mprowman's tn a mancwr sat�torf►to LanGer. Lender shae.upon saVstactory Draaf o1 such ao�ndti ur4.DaY a ^y�_
<br /> • rafenht�sa Tnator trom the proCeYQs tor tho roasonabt�cast of eeyaSr ar re�totaHOn it Tnistw is not in dotautt under thls O�d d Tn�sL My . �, �; �:-}j'S:r;c.
<br /> procv�d4 whkA haw nol bwn dkbusod wf Wn 180 dari afte►thotr rxoiPt and wfNCh L.anCar has not committed to the rePatr or�astoraNOn of .,J,�:.'.���^�:;�;
<br /> ttr Praparty st�atl0a usad&zt to WY+�Y amnunt owf+s0 to Londsr undss ths Oead of Tn�s1.thsn to pay aaxued Interest,and Iho ramainQer.N '�''� � ;+ '��s:-
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<br /> : �ny,�tyiy b�oppYp�f to i h�priry:(�pa1 balana oi tfie Indobtedn�s. If l�ender A�ds eml Pfooeeds atter PaYme�in(uY o!ttie t�dabfodrross.st�ch . .,'��r•!`; ,• �
<br /> . .. . p t n c w d s e M i b�0�b T r u s t a�s T n u t o r's t r d a r+o c ffi m a Y I+D A�• .::�•i+,�t
<br /> . 6�ff��0(nsaranN�i SW.M1l�Nsuanc�sha9 inwe to the bene8t of.and pass to.the Durcttaser of the Properry eov�es bY ths' - � �•� � ��K�•
<br /> �w d W Tnni a!a c t y trusts�a salo w otMr aaio hald under the pravlstor�s of Wa Reed af Trust.a at any toredasuro saq of such ProporlY• ..�'�:.
<br /> , rritFi OdstlnD trd�L�. Otetnp Ur period in which ury E�dsUr�p Irtdebtodness desa(bed boiow Is in aft�t,coanp"snp+�Ylh : ��,-?',.�- i� --
<br /> , p�iavktc�i��+�dir���to fh�Wdir►1 Compoa�e wHh ttw tertns�Ot thfs Daed�tust ould consll dtute a�tlOn o1 ttotia�w � .,.`.'LYj`��` `�.��,•
<br /> . � n�Quta�,�ii B any p r o c a Y d s i r o m t h�k w�a n c o b:c o m a p a y a b:�a n t c s s.ths provisians in thLs Dsad ot Trusllar dIv�lon o?proCeeds st�aD , •;. ,'�;. ��.#�,"c-.;`
<br /> �ODN�Y to thYt pC�ci itM P����aY�Se t0 fhe hWdet of L�a�SUny In�adness. ,` �""°
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<br /> r � TrU�'O Ro�l on fia�u�. Upon ra4�of Lart�,nowever nct mue fian c�a year�Tnista shall tiuNsh to lsndar a repart on aach ,, �`,i�.��_i
<br /> � �O�Y W(�ana stwwin� (a)ths n�une nf t�w ica�xer: (Db L'�Asics t�..r.� ,.}tiN amount of the P�Y. (��D��Y�� -.,: � t�, �
<br /> � t t�I M n c u n n t n p l a a n,�n l v�t u�a f w c h p r o p w ry.a s�d the manr�cf de�em+lN r�t�at valuo:e.� (e)tAe�irafron Qat�of tfw paYcy. ..._.. c �.. �
<br /> - Tiudo►shW.W On requ�d landr.twvs an Mdeper�dent aDRtafsar.s�9�actoCl►to Lender detetr•rr�1?a cesA valae rqptecemsnt eost ot t t r :,r;' � _ ,"t ••'�`'
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<br /> �BY L�. If Tn�ster tW�to coanD�r w�h arry Pravislon o!Ihis Oeod ot Tnat.ineiudiny any obYpaSon to mtinLin�g � ' .�';.�;_,
<br /> � 7nd�b1�In qoad tmc'.�¢�,t as re4uirW bsiow.or it anY acilon or ProC�Nrg h eomrtwr�0 thaf wauld ma'sxlaity►aftect landers int:m.�b in ttb �.. ;�r:
<br /> Araparty�4�c�d�r on Trus�s�hW msri 4�st shaY nat b�raQulrad t0.talce ury acUon ihat lender deems eDProP�k. MY amourd Ihd L�ndv "�� -�r�:z�:
<br /> • �fcs s+a ddn0 w7 b�cr L�taras3 at Cry�r�provid�d tor in Uw Noto from Uw deta incurrad ar pab by Lsnd�r to th�datr M np4Y��bY �f�:.-
<br /> �ruior.AO Sa�h ap�sas.d L�nd�s aC�.'� (a)ba VaY�bte an deman0. N)�added to tM bata�of ftw Nai��nd b�aPD�a� •�����°�: .-
<br /> an0 b�D�".��►���PoY�'�to bscoms due GurinO Wttwr P)ttr tenn N anY�PDYcabi�Insuranco OoYaY o►(�th��nWdnp Urm • ,ti,�,`
<br /> � d Uw Na�.or (c)ba ta�as a b�Boon DaY+n�n�which w�ba dw and payabir at the Not�'s matuity. This Oc40 of Tru�e�a wrai ac�r� . k• : � ..
<br /> - p�yrtf�r�d tfwa art►ou��iba A�t►b Dravided tor in tlrts Fa�a9rapb at�aD ba In adEfUon to aa►y oU�er rishta a enY rartw0lYS to wtYch 1��dar m�y b� �.,,r,,,�,, �� .
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<br /> aNi�d on�ocWmt d ttr dam��t My suc h a�l on b y I.a.R2car shall not be car�sbved aa curlr�y lhe detautt so as to bar L�ndr trom any nrtwdy lt�at ��.;,�;�`�-
<br /> H W�rwisa would have haa. � `�����p —
<br /> � WAAitAlnY:DQQ13E OF TIiLE.Ttw tcC�'!np ptovtsions rWaUny to ownxsh�D of tfw PrcPerH are a VN d tNS Oaod W TnaL . `r:;;;9"`'�"'�
<br /> . . TfIM. Tnsta►warqnM thtt (a)Ti�r C,�tds Qoad ared ma�tcetabte QUa of reeord to the Propmty in(co slmpla.irao and dev ot dJ G�m and ,�.�_r::�
<br /> �ttCUrtibranas OU�w tAu�U�OS�6N f�a zi iha Rai1 Propirly dasatpllon at in tha E�Astlny IndebZ�dness SeCtlon below ot M eny 6E0 in9ursnC� ...-�.=,r-
<br /> • ppp�,y Ny�,pt{{�,y�',�op�cn i��ad in tavQ o1,�nd acCept�d by.LAnQe�t in Connoctlon witA Ih�a Oeed of Tnisf.and (b)Tnettor hes the • ' �"�"�'�`
<br /> • ' tuY Aphl,P��.and av!!'writf�to�nc+.90 ana 6e�iv�r dNa Oaed o9 Tnst to Lander. �.-•�.�., ��,n
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<br /> � �p��, S1�pc1 tp}ly aa�gIDon In th�ParaQr�ph obow.Trttstar waarant�and wID torover do4en d t h�U t l�t v i h�Pro p�t y a p�t l l n s t t t�
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<br /> � iarr!�c9afms of tl p�aor4. In tlr ae�tA orry aetlon a proeaeding is eamrtwe�ced that questlons Tn$tore tltle a the Intarost of Tr�t�or . . �.
<br /> Laa6w unda UYt Ooed of Tnaf.Tn�Or st�aY Qotaid th��tlon at T�'s ao�ense. Trustor may ba the nominal OsriY In such Proc�d�p.bttl � .. _ ,�;.
<br /> LanQr st�/b�erdi�d to P�dD�a tn I!N D���arb to bs reprasanted tn w*.e praceadnD by counsel W Londars own ef�c�Da,ar.d �•:� . . :•�
<br /> � Tn�a�wID de0var.car r�uso ta be daIIveroO.to Len6er cuct�ir�strumerds as LonQer c.aJ�Quosi from tlma to Urtw W D�1 auch par�w:ca. ..�.�;�
<br /> CompY�fa Wlth{�rs. Tnetar wartu►b ft�t th� Proprly and Trustara uso o?t7ae Roperty eomPlles wilh a9�dst7Rq epF3ea%b iaw�. :��e6�
<br /> airdinas+oM.attd npulaflons d pov�rr�nantai aulROtitiq. _ ._ —
<br /> �.+�, _� EXIS�ftis3 ID�E�EONFSS. lTw toRcwtr.�Orovhfons canoernin�l e�dsUn9lndebtedness (tha'�dstirtg in4abtednesa)aro a PaA c3,�fis�ed of —.
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<br /> �' ��Lt�n. Th�6wn d Ws GW o1 Trust securinp thi InQobfeQt�ss may be sacondaiY and infertar to an e�8nq flen. TrL�.:J►�pt95fiY ' ' air•::
<br /> • covfrtinb and ayroca 4a pay,a sa�to Uw paym�N d!.IAS Exis�np IndeDtadnesa and to pravent any de(autt on sucA indoDtednv�,itr:y dalttAl •
<br /> au�Cet tiq Ir�t9rurr.orL*s e�+ldsndnp tuch Indobted�sss.or eny data�dl undM atry secteily doCUments fa such Indet�. � �r�:`Y
<br /> �. II th�pnymCnt of any tr�0.�nt d pdt�d a iny intuett on tM Existitp tnd6btednes9!�rtot ma�wfUdn tho tlme teG'�irsd bY Ihe .��n.{y°:
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<br /> . n�aa[�3�+�ctn�sucA kid�bUQnac�a shotCd a dsfault occw undar t,hn Instrumont secwirp such indoDtedness and nat be c��l�aftp ar►Y . ,:r.,• ,.�;�.,.
<br />� �',���PeA�L'yraln.lMn.at th�optton of Lendw.tRe 6�,r.abtodness s�cured by this�d af Tncs1 shn0 bacome R.,c�stsly due ,c: . ' •�'�.'
<br /> , sad P�3'z+�.E'�i�da�d d Tnrst stwY b�in defa�9f. %�:�`". • . ----
<br /> 1i01Rodtt(ClAlon. 7ru�or ttvr nd snM Mto any qSprasmenf wHh the hdder of nny moAyage.deetl of trust.or othe►s�ctxity a��nw�t which ' : ` '�p
<br /> y h�s prkr91y mrer thb Desd ol Truat Dy wNofl tt�at a�n�emerd b modiffed.amended.exfended.a renewed withouf the prlor wrtan con�nt of �:
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<br /> L�rwi�r. Tnuta shail naNher roquest nar accapt tu�y tuture advances under enY such securily ago9menl wflhout the prlar wrt'".�s-Consont of . . -
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<br /> .. CONII�S4ATION. Th8 ta&owlny provlslores ra�aBnO to condemnaL'on�r,^�aedlny9 are a pa�1 of this Dead at Trust • . . �_
<br /> . �pp�ediW�of itN RtoCMda. 114SI or any Vart c}UT�e Prap�Ry ts Candemned by eminent domaln procaedinys or bY anY D����D a .
<br /> puch�ss In fieta d caiQemnttlon.�ende�rt�y at tts e1�#ion tequln ttyt a11 or atry patlon of tM nN proceeds o!tha�watd�s�ppfhd t01M � �,
<br /> Indebt�dnoss cr Itm repatr or restaatlon of the PropeAy. The net proceeds oi the award shaA mean tfie award after paymenl a!aIl roesonabie •
<br /> � ac�,�xper�s,and atiomey��Ir►curtad by Trustee or Londer tn connectlon with the eondemnation. . �
<br /> � p'a��fiitt�rl. N�y proaadinp 4�aG�Samnatlon i��:.,^d,Tnistor sAaD promytly notiPy lendcr i�nu•�8ng,and Tr�tor sh�ll pre-rfJy t�ko such �
<br /> . :1 s�GS as meY b��srY b dsl�ewllis ac�on and obteln the 8wt�d. Trusta may bo fhe nom;:.a;peAy in such procseding,bL1 isndsr sh� •'�
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<br /> . bo entiHad to participate In the proceednp nn0 to D�reprasent�tl m tt�prooaEd�ng by cour�soi af its.ovm choir�.and Tnisior wcs fieG.rer a - --- ..._._-- �::.
<br /> . Catr.,�t0 bo d�:tvorofl tn Lond�sucA Instrum5nts as may be requ55ted by it hom dme to time to permitEUCD par4Clp6yGn. , x.:�a�.
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