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<br /> I 98�'�����3� DEED OF YRUST Paqe 4 =
<br /> i (Continued)
<br /> CompNne�wlth Existinp Ind�btednsts. Dur►np th�p�nod In wh�ch any F.xisHrq Ind�blWn�ss d�sc�iWd bNOw b In Nhct,compll�nw wilh IM " ''
<br /> � Insurarql provntons contuned In the mshumer.t eNdsnc�np sueh Ex�stup IntltbUdn�ss ehtM consritut�Compnana wdh t1N tnsurana provlslons
<br /> ' urbM Ih3 ONd of Trust,tq th�eztent compllanC�wtth tM tirms of thn De�d of TruSt woWd constltuts i dupNC�tlon of Insutan0�rpuk�rtNnt. If
<br /> nry proce�ds hom the�nsurance bscome p�y+�bN on loss,Ihe prowslons in thn Dsed ot Trusf for dlHS�on of proaWS shaN appty ony t0 thtt �. '_'
<br /> porton of tM prxNds not payabl�to Ih�holtlsr of ths Existirq Intl�btWness. .. :'±-
<br /> ':x:+-
<br /> 11, EXPEIID�TURES BY LENDER. N Grantor fuls to comply with any prohsfon of th�s De�d of Tnist, inciudirp any obiptrion to matntain ExisHnq -_
<br /> Ind�bMOrnsf►n pood stand�n9+s req�nred Deiow,or if anY tctton or prxeedlrp is comrrNnc�d tnat woWtl mat�rlalty aM�ct L�ndors ini�nsb In iM . �-
<br /> Prop�ty, I.�nd�r on Oranta'�bshelt m�y,upon not�cs lo Cirantu.but sh�ll not b�nquu�C to,hk�any aepon Inat Und�r dxsms appropriat�. Any ;;,4�
<br /> �maunt thal l.�nd�r axPOnCs�n so do�np wdl boir�nterest a11he rats cnuqed un0or th�Cndit AqreerrNnt hom th�dat�Ineurted or plUd by Und�r to
<br /> th�GM oi rpaymant by Ciranta. All such exp�nses,�I Lend�r's option,w�l (a)bs ptyabh on demantl, or (b)b�add�d to tM bnkna of tM croCit
<br /> ' lir�. Thls O�W d Trust�ISO wlll s�curo payrt�nt of th�s�amounb. TM nyhts prowGd tor m th�s panyrap�stul b�In addidon to�ny oth�r rlp�ts a • , -
<br /> any nm�dNl to whlCh L�ndM may be�ntitkd on aCCOUnt o�the d�fault. Any suCh eclion Dy LYnNr shall not W conSVlNd u cuAnp tM tJ�fau115o u _
<br /> � to bu L�ndv hrom any nm�dy that It olhenviso would Mve h�0. , --
<br /> ti. WARqAl17Y;DEFENSE OF TITLE. The�o�Ow�nq prov�slons ro�atfng to ownxsh�p of 1M Prop�rty u�a paH d thfs OMd ot Trust. �
<br /> Tld�.Orantu warcanb tnat: (a)�rantor hdds pood and marketab�e 1dN of ncord to 1M Propaty(tncludi�p R Nas�hdd mtansl,if any),Me and �
<br /> cNar d all Irm and�ncumbrances exCept Ihose of record,�nd (b)Or4nta hu tM fuA npht,powsr,and tuthortty to�xacuU and Wliwr th�s
<br /> DIW dTrust to L�ndsr. �r:;:
<br /> O�t�nM ot Tld�. SubJect to ths exceptfon in the paraqraph abovs,Oranta wartanb and w�h tonver Nfsnd th�titN to ths Proprrty apalnst ttM ' .
<br /> I�wful dtims W all p�rsons. In the event�ny actlon a proC6edmp K co�nrtNnqd that qwsHOns(ira�ta's tilN or ths Intir�st o}Trusiw a L�ndM �.�.`.�•
<br /> undatNis DEBd Of TrUSt,OrBntOr Sh811 def6nd the eCtiOn at OrdntW'S exp9n3�. OrintOr rttty W tNS nOmlrttl party In SUCh ptOCMdInQ,bu!U�dlf •
<br /> ehaH a entlned to part�c�pete In the proceedinp and to be represented in the proC�edirp by CounsN oi its own chofce,ind f3rantor wGl tleliver,a
<br /> � txusa b b�dslivaed,to Lender such Instruments as Lender m�y request hom time to tlms to permlt suCh putlelptNOn. :'� '--
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<br /> • Compll�nct Wlth I.awa. Grantor wananb that lhe Property and Grantor's uss of tl� Prop�rty complNS with all sxisnny applicabN taws, ,� ;_
<br /> adi�nce�,and rsqulatlons ot qovemmen4l authodtles. �:_
<br /> :..t.�;:
<br /> �. 19. DfISTING INDESTEONESS. Tho followirp provisions concarrnnp axistir►p Indebt�dMSS(thY�sHny InCabtsdn�ssh an a part of thls Dwd of •a � �
<br /> � I TnnG � `�'. .�
<br />_ J s�a�1�.�: 7h�i�an o!this Deed of Trust secwinq Ihe Indebtedness rtuy b�aecondtry ind Inlsrla to tn�xl�tirq N�n,M tMn fs suCh a INn. ;�,�c� ,'.�_
<br /> OrarAa�cprr�slY eownanb and agrees to pay,a ses to ths p�yrrhM of, IM Exfsdnp Ind�bt�dn�ss md to prw�nt any oNault on sucn - y '._-
<br /> IndebMdewss, �ny detault under the Instrumenb evldencirp sueh Indebtsdness. a any d�hult unWr any a�curlly docummb ta such r-
<br /> Ind�bMd�s. ^��a•
<br /> No �Io0lflettlpn. Orantor shali not entu Into any aqnement wtlh tha holder ot tny mortp�p�,OMd ol trust,or oth�r sscurtty�pn�rtNnt whkh �:y
<br /> Ns pnonty ovK this DNd of TruSt by wh�Ch th�t agreement�s modiGed,unendW,Yxtend�d,Or nnlw�d without tIN pdor wnthn cons�nt of ` �t;�i
<br /> Undl�. Grantor shall nefther rgquest nor accept any luture advanCes under�ny suCh seCUrity apralment wlthout tll�prior wtftl��Conssnt Of y :�
<br /> Undr. � �'
<br /> 14. CONOEMNATIQN. TM followinq prohsfons relatirp to proCeedinfls�n condemnalbn are a part of thls DNd ol Ttust.
<br /> Applle�tion of Met Proeeeds. If atl a any part ol the Property is condemned,L�nder may at ib Msction requfn that iN or�ny padon of the net
<br /> proowts of th��ward b��pplbd to ths Indebtedness under 1M LOANLINER�Home Equfty Plan,subMat to 1M IKms of any mortpaps a dsed of -
<br /> bust wilh a INn wh�h has priorily over tNS Oeed of Trust. Ths net proceeds of Ihe award shall m�an Ilw�ward afl�r payrtwnf of tM rsasonabk _ _
<br /> Cosb,lxpensss,and�ttaneys'�ees neCessuily pald or Incurted by OrantOr,Truslea pr LendM In conMCHon with tM cond�mntMOn. -- - -
<br /> P�oeMdlnp�. If�ny proceedinp In conckmnaHon is fuxd,Cirantor shall prompdy noUty L�ndar In wrtnnp.end t3rantcx shtM prompdy Wct such -
<br /> s}�ps q mty b�n�c�ss�ry to E�tend t1w�ction and obtain tM award. Orantor may be tl+�nominal p�trty in wch proeMdinp,but Und�r shall b� _ -_ _
<br /> �ntitNd to p�Aldp�t�in iM prxe�dinp and to be representsd in ihe proceedinp by counsel cf I4 own C�oia,and Orantot wHl dNiver or Guse t0 - -
<br /> b�dliv�nd to L�nder suCh Inshumenb as may be requested by It hom time to time to parmlt suCh paruclpadon.
<br /> 16. IMPOSITION OF TAXES,FEES AND CHARGES BY GOVERNMENTAL AUTHORl7IES. The tollowiny proHSlons relaflnq to pOVKnmental tnx�s. "- ---
<br /> fees tnd cKrfles are a part of thhs Qeed of Trust: �ti�°�
<br /> � Cu�teM Taea,Fees�nd Charpes. Upon request by Lender,Oranta shall exeeute suCh tlocuments In additlon to thfs Deed of Trust�nd Uks 4i_ �
<br /> � whsttiv�►o1h�r acnon is raque5ted by Lander to pertect and conBnue Lentler's lien on the R�al Properry. Orantor shail rWmbura�Ltnda ta UI __�__
<br /> toc�s,�s Eescrfbed bslow,topelher with t1 expenses incurred In rsCOrdin9,psrf9cflnp or eontlnufrp th�s De�d of Truat,tnCludirp wlthout IlrNta�pn
<br /> �q taxes, tees,doCUmentary stamps,and ot�er Cturpes lor reCOrCinp or rey�stenrq thl9 Deed 0�Trust.
<br /> � Texef, The tollowinp shall constilute texes to whkh thfs SeChon appues: (e)a SpeC�fiC tex upon ihis type of Deed Of TruSt or up8n All Cs t^Y p�t! --- - - '
<br /> ' oF tMlndebtedness�CUred by tNS Deed of TrusG (b)8 spectflc tax on C3ranta wh�Ch(3rentor IS wthoAned or tequlred to dsduet hom p�ymenb �.^`
<br /> - � on tM Indebtedness secured by In�s type ot DeeC of Trust; (c)n tex on this typo of Oeed ot Trust charpeabb apafnst tM Lender a 1ne hdder ol �•.:;,�_ n.,:;����
<br /> - : tns Crodtt�qreement;�n� (tl)a speeiRC tax on au or any pornon of tns�ndebtedness or on p�ymenb cf prtr�ipal and Interost rtud�Dy Grtntor. • �� ;x�;;;^
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<br />_ 16. FUAT1EFi ASSURANCE3. The foMOwinp provisfons re4tinp to further assurances aro a ptR of thls Deed ot Trust. ' `�, �" '�2'"
<br /> :,;.<<,
<br /> � FurtMr Iuwnnees. Upon requrst of lsnder.Ciranta will make,exeeute tnd dNiver,a wlll caus�to be mtde,executed ar deltwred,to Lender �
<br /> � a•to Und�r's dsypns�,end when requested by Lender,cause to be fiied.recordetl,reti�ed,a rereCOrOed,is the case may O�,tt such flmes and �'i"
<br />_ � In suC1� olhces ind places as Londor may deem approprfate,any end atl such morfqaqes,deeds ot hust,s�cur8y d�sds�ssctKtlY ayrMmenlS,
<br /> Aninpny st4temenlS,contlnuaflon sffitement5,InsirurMntS of tuAhM BSSUranC9,C9rtltiCatBS,end othYf dxumenb iS miy,in iM a0N Opinlon of • ..
<br />"' � L��Or. be neassary or desirable In order to�tf�ctuato,complete,p�rfect,conBnw,a presKw (a)Itw obnp�nom ot Cinntor und�r tM GreOit
<br /> � ' Apnement,lhb Oeed of Trust,and the Rektted DoCUments,end (b)tM Ibm antl secunty imerests crottsd Dy thfs DMd of Trust on thr PropeAy.
<br /> ; UnNn proMbllsd by I�w or aqreed l0 1M contrary by Lender fn wntinq,Ganla shaN relmburse L�rMK lor all eosb and exp�rua Incurred In
<br />� co�nection with the matlers refened to In Ihis paqyrep�.
<br /> ' 17, FLi.I PEAFORMANCE. It Grantor pari all tM IndeDtedness when due,terminates the creCit Iln�aCeount, and othsrwb�p�Aorms all Iha �
<br /> obNpttloro imposod upon Gnntor under thfs Deed of Trust,Lender ahnll exeCUts anG dei�ver to Trustee a roquesl lor fuN reconveyana.
<br /> 1�. DEFAI�T. Eacn of tM idlowinq,at the optlon of Lender,shall constltute an evenf of detault('Evsnt of Default")und�r this Ds�d of Trust: (a) �
<br /> _ Grantor commNS frautl Or rrukes a material misropresentfltlon at any Ame in COnn9Ctlpn wtth the CreElt Ilne�CCOUnt. Th1s Can InduO�,la s�tampN,a
<br /> fa�se stadmenl about Grnntor's income, assets, upWlhes,or any otner aspecls ol Grantor's 6 •�c4U ca+dltlon. (D) Grantor das not meet Ihs
<br /> - .�..�w.uN 1���J I�u Nu�N It.0� ..I /w�Pe�n1i✓e s�Mn iv �nMnn�N���d�.�Ilnn1�IM...JI�IwI 1N Ilr w�u�A I�na�MA��nI N I�MY�!M�t�!IR . . .
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<br /> th@ Cd18tArfll. ThiS can inClutlB,fw exemple,taduro to mamtain requireC msurance,wgste a d9SlruChv9 use oT the dweNing,fadure to p8y t8xes de81h
<br /> � p�81i DG�'S:^5 ��ab�e�n ihe eCCC��: :•a�sler��t�tie o�sa�e oi Ine dwe����y CrG31�pn pl a IiC�Orl�RP dw011in0 W�fhOUt �U��P"^'S5•�� ��'4C�OSUfB Cv 1�2
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