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<br /> :. ' ' .ag��ts�7 DEED OF TRUST � P°�e 3 k' . •,`..=� .-_-•-=_- _-
<br /> � , Lo�n No 396531 (�.oniinitcai� �� ��� c•-��---'= -`- � _
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<br /> Evkts�ce o!Payment Tnestor sP�all upon damand tumsh to tsn4er satlstactcry evidence ot peyment ot Uq taxss or�ssasarrNr+ls ans s� :+-::
<br /> � autharl�trt3 ePProaristo govammont�l offtclal to Qallver to Londer at eny drrs a wrttton sts�mont of ihe taxes and a�es3rr�r►ts eg�.h�s!tlfe : . , . —
<br /> PropeAy. .
<br />. � Natier o4 CQnsbacticn. Tru�tcr zha11 notlfy Lender at tee�sl fftsen(tb�days betara nnY work is commertesd.enY aen�lees a►n f�an5t�@.ar anyr ` ( . _
<br /> materta�ara s�cpplied to tha Property.N any RseChaNC's tian.maiafrJmanh Ben.u other Iten coutd be assert5d on aaAwii of ttie wak.
<br /> � senrtoa9.or rtuterfals. Tnntar wlll upon reqwst ot Lenser turrttsh to Lend�►tdvana�ssaranc�s sal�aetaY ta L�ndu that Tn�tar mn and w� •_
<br /> . ; paY the eost o!such Improua+fartb. . . _��.
<br /> PiiOPFAYY DAlJIAGE IN8URANC�. TRe t0U0wing Prov�lOns tela9ny t0 Itt4ttt(nD the ProDertY 8ro e pett o!tt�3 DeOd 01 Trust. \ .
<br /> Wlatntlnmee o!Insuranae. Tnutw sriall Procun and ma►r�!n Doik�at Paa irsurar�e wtih stand�rd e�Asndad�ov-�endo�cm�rds on a � � t�
<br /> � ; : �eAt�mant basts tar tha tusllnsumb!e vyw eovenn9 all�mpravements an the RsN Prope�ty In an amourrt QutPa�nt to avotd agp.°�an ot any • .
<br />_ . eotr�surancs dause.and wf41 e stanC�rO rtsort¢z�N.s�s tn t�vor o!Lead2r.togett�er wfth such other ha�ard end fiaDiUtY insuranca as Lender - -, - -- °-
<br /> may ceasonabh re9Wre. Pdtd�shaD be wriCen in form.amour�.cov�ara�es enC basis reasanaDry erxePtaDSa fa L.ender nnd is3ued Oy a
<br /> • comAanY or comDartl�reasonabh ac�Ptabla fo Lender. Trustar.Won request of LenG�r.wIU detc,rsr to Lender from Wne to tlnN ths Oo0cte9 ;
<br /> ` or oaAiflcates of Insurance fn tcrm salfafactal►to Lender.inciudrrol s6Autatior�s that cov�eyes wUl not ba carxe8ad or dmlNshad wflF.out a1 ,< ; . _.
<br /> � teast fen(10)days'P�er wtitten nottce to Lsnder. Eaci�insueance PoneY als�shell InduQe an endorsemeSho�dd U e�Fiwi P+eporty at any rrtwf � �
<br /> . j lendor w1�!!not ba impa�rad tn arry way by arry ard.omtssion or ds�taull of Trustw or any othw Parso Eoad Anmrd araa.Tn+stor � • � • _
<br /> " � becom¢located In an arsa daslynated by the OUactor ot tha FederFil Emer4sncf►MansBeme�Apet►cY�s a sDar� ��y.�undeP ,� • � --
<br /> de il
<br /> aprees to obtaln and rtwlnffiin Foder�l Flood Insurance for 1he tu�unpaid pdnetPa!balance of t}w loan,ap to trio m�dum Po�.y
<br /> ' � the[r'adonal Flaod Insurance Propram.ar as othetwlse ceAWred bY Lendsr.and to matr�in sueh Insurance fot tl►e tExm of tt�e taan. . ' --
<br /> �PA�of Pro�elds. Trustar shall pramptry noUfy lsnder of any loss or demaqe to the ProperlY. Lender may maka pr0of ot loss B Trt�stor �, �. '. _
<br /> • taifs to do so wilhin frfteen(15)days of the casuatry. Whether or not Len d e rs s�e c a r i ry is Im paUad,Lend�rt►3y��t ifs efecttort.recetue end reLin ,;,,f?� ',.
<br /> ' ' { cr , . :
<br /> j m e proceo d s o t e n Y i n s u r a n c e a n d e D P h t h e p r a c s e d s t o t h e r e d u c U o n o f ttx�[.r,�ebtedness.PaYment of arry lien aftecflnD the PiaperiY,ar tt+� y
<br /> � restaatlon and repatr of the Propsrty. If Lendet s.eCls to aADN ths proceesSs io r e s toretlon and re y2fr.T r u s t a r s h a R rapar a r r e p l a o B t h s ; t;�t�����,f::"
<br /> . 0amayed ar destroyed Improvements in a mann�salistadory to Lender. LenQsr sha0.upcn safi�ctorY Droof af stach e�endLua�PaY� �?_��,,'�53�
<br /> � fa the reasorsabte eost of repelr or restar�llon H T�3or�rrot in deta�9!undar Ws Oeed ot Tiusi. My ' : `.� ',> ."F. -
<br /> relmburse Tnutor tram the prooeeds ,�.y�:,r.-;,-
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<br /> prooeeds wtikh have nat hsen dlsbursed witNn 1fl0 Eays atter thei►re�EAt and whlch Lender has not commttted to th�cepair or restaatimn of ,,,{c..:-�
<br /> tha prQpwty shal!ba used fust to pay arry amouni owlrp to I.esider undet ths Oeed of Tn�st.then to p4y�eaued�n�tesb and 1tw rs�U►+fe�d ,.:....,,;�,j��;;; `
<br /> � ar►Y�shaB be apP�ed to the pr!nc[pal ba�ot trie InGebtedness. It 4ender no1ds anY Prooee�efter payment In tull of tl�Indabtodnoss.suo'h • 5.�::�r��i�;��.
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<br /> proeeeds shali 6e peld to Tru,ta es Tntstcrs Intere�b maY apPesr- .. , : .. � � �""''
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<br /> � .. � Une�tre6 tnaiusnee tl Sate. Any unexpfred Irauranca shaA Inure to trie 6enefit of.and p�ss to.the purchaser o!tha Prop�f►co+�d�Y�S 'nr;;;�v�:. ,..,.. .,..
<br /> Daed of Tnat a4 any trustee s sale a olhar sale heid under the provlslons ot U�is Oeed of Tn�st,or et arry torect�ure sale of suc�►Property• ��a��f f. ,: _--
<br /> Complianec wttII��d�tap tnQ�btedness. Owirp the aerfod in wh�h Bny E�np Ind�'��^�s destaibed hetow is in eNeCi.comp9su�ce wtth , ���� �°
<br /> the iriswance Provlsions contairwd in Uw i�shumaM evldende0 such 6ds�n�Irrd�taQc�s shafl canstltute comp�nOa with Uw ic�suranco . . .: '��..';� :_ , _
<br /> provisions under thb Doed ot T�.to�e e�ent tamp0an�wfih the�of tNa De�d of Trust would constttula a d�an of Insuranc� . �..
<br /> . .. re q u l r e m e M. I f a n Y P r a c e e d s h o m t h o i r s s u r a n c e become pa y a bte on loss,the prov�tons in this Oeed o!Tnisf for dhf�an of pracaads sf�a� ��.�n 't.;�, _-�
<br /> . . apPry onry to tnat portlan of the proceeds not payabte to the hdder ot tt�Existicp Indebtedness. `.l �� ::=�. �..
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<br /> � I�ITtJpEg gY LENpER, lf Trusta fai�ta campty with any proviston ot this Deed oi Trust,includirty anY obOpatl�4a mart�tn F�B� �,•..- .,:,
<br /> � � EN
<br /> ` t�3ebtadness In paod slanNny as raq�red Da;ew,or If any actlon or procee�np is commenoed that wautd ma1eA�Bf►+ttf�cf Eu�s intarasts in ttw :��°;:� f/;.:, ' —•
<br /> .� r: Properly,Lender on TnatQr's behalf may.b�t s5�a9 not be requhed to.take arry ac9on that Lender cleems eppraprtate. Ar?�nount that Land� t � �4'r.•,•;" _,:
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<br /> � expends in so da4�wBl bsar Interest at the rate Provlded for tn the t�tota irom tha date Incurted or patd by lendw to tha d�fe of ropaYrtNnt Y "_w�''�' -.',«'��'.:: g.
<br /> •�.,�! Tn�sta. NI such oxpensas.W Lendar's optlon,vrID (a)be payabla an demsnc�t,(b)be added to the balart�ce of tha Noie and ba aPPor9aned an+� ;�;,•.; �'�`f":� `:
<br /> ' and 6e payabte with arry instaDment paymenb to hecome dua dwiny etther (q Yna term of any appRc�bie I�urance Po➢�Y ar (8�ttN remdrYnp i�rm
<br /> . . ot th9 Not9.ot (c)be tra4ted es a balloon payment which vn�@e due and pa1�fe at tRa�6;te's mat�xity. This DeOd of Trttsf dso w�seCUr� ,s„', .' � ;a _
<br /> . '; ��iya�ent ot tt�e amounb.Tite cights provtded for In tt�peraQtaPh at�a9 be In additlon t�a^.y ather dphb or any►rertwdMS to wtacA LInQe►m�y ba ,,�,,� ; ` ;..���� '
<br /> � a:��d on account ot thg de'fa�itt. My suCh ecUon by Lender shaB not be consWed es cu�inD t!w defautt so Qs to bar lsnd�r Uom anY�Y� �;,�. , �.
<br /> :,:.�+,;:;`�`"' (t 6ifk3[wE'A 1N3ui9°Iftue Ce9�. "-'.��:'�, �1'�, t
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<br /> � •n.��;�F:� yyppp�y;p�qSE pF TI1L,E.The fo�owing provlslons relatlny to ownersh�of the RropaAY ara a Rart of tAfs Da�d af Trusi
<br /> :::7f.1IC? t�, ., �,' '^'„�" _
<br /> � '" TItRp. Trustor wan8nts that (a)Trustor hdds pood and meAcetubte tltle of ree�d to the Propelly in f6e GmptY�bM YRd(�Mt Of W�bns YRC! ' ��_
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<br /> encumbrances other than those set forth in the Real Property de"..crfPUCn or in ths ExFstinp Indebtedn�ss saCdan bMow u in¢ny 6931CStuf3nCS �_
<br /> polky,utle repoA,a 1fna1 t�fe opinion Essued in favor of,and acoeptod by,lender In wnnectlon wfth this D�ed of Ti�t,and (b)Tntnot ha�tho ��`,;-�----
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<br /> tuil rtpht,power,and authority to execute end deNve�thNS Daed o}Tnist to Lender. � . �,�:�:�
<br /> � D�T�n�s of Titi�. SubJect to the axcepUOn in tho pora9rapA above,Tnistor wartant�s and wiD torewrr damnd tho Ui:�to tho Prop�ly aQalr�sl ths _ y �
<br /> . IawtW datms of alf pasons. In ths evont any acrion or prooaedleD b commencad ihat quesiioc�Tivators tlit�or Uw In�of Tn�a . � � ---
<br /> ua
<br /> Landw unQer 1NS Dead of Trust.Tnuta sMll detend Ihe acHan d Tn�stora w�ensa. TnatcT rt�ay be lhs nomind p�rly M sucA proos+�t9ny.but •�N �►�,.'_•
<br /> . Lendw'ahaA ba an8tled to parddpsta in t�e pracesdie9 aad W 0�rpr�n�M fAe��p b!►counaW W L.�n6M's awn cFwio�.and �- :7. — _ .�� _�
<br /> . . Tn�tar wili dai[var.a cause ta be QeL'vered.W Lender etsct�instrum6nb as Lender may�;�est irom Ume to tlrns ta perrtu7 m�h P�rf�alb�• �,;�,.; �_ �.,. ,s
<br /> �cy,. _
<br /> . Caepilar�WftA Laws. Tcusta w�rrards 1ha1 the ProF�Y�Trustcrs use o}the Prope�ty compfirs wlth ai��ppi�b�faws. t�.�.� .�,�:T�:—`
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<br /> - ordinances.and�eyutaUons o4 povemmentd euthor(t1ea. � �?'?�`�y��,':��..__--
<br /> ' EXI9TIN0 II�F�TEDt1E88. Tt�tollowlny proulslons canoerning extstlny Ind¢btadn�s(the'E�dsUr�IndeDtedn�s')are e Oart of�3s Q+s�of �.,�h� .
<br /> —=.�m�r.
<br /> 1 . Tnut. 'c�"�,� .
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<br /> pd�ttrfy LJan. Th�Uon of thta D�d ot Trust sacuAnp the ladebtednoss may be saeondary and InWAo►to an wdsllrip Wn. Tnntor axp�}! �� �!"�
<br /> wvenanb and a�ees to pay.a see to the payment o7.tt�s E�11n01ndebtodr��nd to prsvont�ny C�tadl on aucb IndabtaQ►wsa.any�eraui ���•'?�a"`�-% ��.
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<br /> , urtder the Instrumenb evldenciny such indebtadness,ar arry default under anyr sacurtlY dacum6nb tor sueh ind�bt�dryss.
<br /> '1`.-!'' D�iw1l. It tha paymant of anY insUllment ot princtpai a any irttarast on th�ExlsBnp Indobt�dnKS b not mtd�wHtYn tM Bm�nqu�Cl�b71� ,`�.�': , -��',._
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<br /> � note eu�dHnclnp sucb indobtedrwss.a should n detault ooeur under the instrurrNnt aactplrg auch Ind�bt�dr�n and nol bs curad d'.n►p u►Y �.•,,�M1:��-.n,
<br /> � and�yabt�d�hh D d of Tnuf shaU be fnpdefaNl�nder,the Indebtedness securod by fhis Oeed of Tnist shaA bsecme imme�atety due : ,
<br /> � No I�adl}kaUom. Tnistor shall no1 enter Into any a�aement with the hdder of uiY morty�Qe,deed cf trus1.a oM�r s�c�u�i'a{�M�Mnt wtYcA ,
<br /> has pdalty over th�Desd ot TruslOy wNch that epreement Is modilWO�amended.e�ende0,a re�wttho��pAa�r�n ca�r�s t of . �y
<br /> " I.AnCer. 7nrsta ahall nWthe�re4uest mor eoceAt eny future aEvancas urade►any sucb securtry+�roe ,
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<br /> y �' Lendor. . . —
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<br /> • ' � CaNpEhIt1AT[Oti.The foNOwirg provlslor�s relatinp to canQemn�tlon proa�edln�s oro a P�of this Deed of Tn�t , .
<br />= ;f,,�', '. Applkatlon of Net ProcleQs. If aU w any part of Use Property Is conQemned by eminent domatn proCt�edlnps o►DY enY Proce�6ln0 or ,' �.
<br /> purehase In IlOU o}cond9mnation,LenEer may at Hs elecilon require tt�t afi a any portlon af tfie net p�acoeds af 1hs�+�rd b�aD09ed to!4w
<br /> Indebtedness a the reDJr or restoraHon of the Property. The ne1 proceeds of the award shau mear►tha award atter paymont ot a8 reasonebie „�:.':`'.•: . �_-_
<br /> • costs,expenses,and attorrteys'taes ir�urted by Trustea or Landsr in conn�tlon wilh tho condemnatlon. . � • _-
<br /> `� Pror.eedinps. It any praceedin9 In condomnaHon is fited,Tnuter sha11 pro�mpriy noUty LenAer in wriUng.and Tn�stor shdl promptly taka such : __
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<br /> s t o ps aa may be neoosserY to detend tha setlon and oblain tho award. Trustor may Co the nominal party in Such procesdinp.but Leeder SNA � • • , _--_-
<br /> tra entltted 4o paNC►pata dn tna procsediny and to be represented In the prooeeQlnp by cou n..e l o f t t s own e h o l o e,en d T n e s t a w i 8 d e N v e r o r r . . ---
<br /> cause to be deUvered to Lender such Iratrumenb as may bo roquested by it from dme to Umo to permH such paAl�paUon. 2� ' �
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<br /> IMPBSITION OF TAXEB.FEES AI'1D CMARGLS BY GOVFRFiA9F1�i1'AL AM1Of6bORITIEB. Ths fottawlnp prav�lons ro:attn8 fo powmmr�nTisl texes. �. . ----
<br /> . fees and cbarae9 8ro a parl oi this Daod of Trust , . ,%y� _—
<br /> � : �m T����y�q��, UDon roquost by Len�er,TrustM sMP exscute sueh dxumenb in addiUon to ihls Oeed o!Tru�st tnd Lke � • . . --
<br /> � wha�tevar o!1k+r ectlon b roquested by Lende►to peAect and conUnus Londer's Apn on th�Red Property. Tnrstor st�tfl rolmbt�aa Lender fot�i , . _
<br /> taxos,as desa(bed Dolow.toeether v�ith M e�onses inourtod In rocording,PoAecUng or conUnuing thb Deed o!Tnrst,Indu�np wNhou! �:i:. , : ��:
<br /> � Itmitatlon all texes,fees,documentary stamps,and ott�r charges fa recording a reglstedng this Oeed o}Tnts4. �;,-
<br /> T�ea ;t�to�lowing shal!constltute tax�to whkh tAls secllon applles: (a)a Speclflc tex upon tNs type of Deod of Tnut or upon eA or arry �� .
<br /> t
<br /> : paA ot.:�a Indebtedness secured Dy th�s Dsed of Tnrsh, (b)a sQedflc 4ax on Trusta whkh Trustor is sU�hori�ed or requhed to dedact from � � _
<br />- p ey r r+e��o o n t t i e l r a C a b t:.�r.t��r e t i D p!h.�5 4;'Q e n}�s a d of Tn�sr (c}ts tex on tAls type of Deed of T�GP.�tq�ir3��$einst the LenQer ar � __ —
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