. .. . . .�. .. . j�/�_'
<br /> � J1_ . � ,_._ .�.. .�_ . . . r .. . .. .. . . � . .. . .. � - ' . ` �. . - ----"'----"._..._ 'r.F :r. , �'t,_.
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<br /> 7
<br /> � i 09-24-�99� DEED OF TF�I�T P�SQ 3 � ; � � --
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<br /> _, ,1 L32n�ig�6iiJ �� ��� ��it�I1� - _- �.
<br /> .�-
<br /> . i TA�S Alm UEJ�18.Yha foIIawinp pro�ts:orts retaUn9 to the I�xcs end Cans on tha ProD�Y ero a paA Gf tNs DE3d o!TNSk ; ` < .. `-- -
<br /> i P�yrnenL 7nstor shal!pay when due(end in aa svmrts prla to deL'nquctwg►b a01�ce"�,spa�a!1�.a�essrrtenL^.char�es Qnctudinp watw � ; �-'
<br /> 1 and sewer),flnes and tmposttlons�vled agn[rsst a on eccount of tho PiropeAy,and shq9 pay whsn due a9 dalms icr arafk dor�e on or fa • '� `
<br /> . j servk�es renQered ar matsrtal tumished to tAe PrcaeAy Tnutor stwfl malntatn fhe Properly ftea of atl neru Aavinp prlo�ity ovsr or equal to tho . . . � �.�_:
<br /> • interest of Leader undm this Deed of Trust,excapt for thB Uen of fazes and a�nerits aot dua arsd except as othenr'�provtdsd in this Dssd •_.�
<br /> 1 of Trusl.
<br /> RIph14o Ca�test. Tn�;tor may withnctd psymant o!any tax,assessmer�t,or dalm in connecHan w(th a qoad tallh dtspufe ove�1he obCga@an . . . ���--
<br /> :� to pay,so long es LenOe�s in.�rest in the Property ts not JsoparQized. tf a Oen edses or is f�7ed as e result ot reanpaymenf,Tnata sheD within •
<br /> fitteen(15)days after the neo ar�es or.if a Cen Es libd.wiWn titteen(t5)days efter Tnisttx has noticB o}the ftDnp,secure the discharga of tha ,`. � �.
<br /> � L'en,w R requestsd by Lender.Qaposit with Lender cash or o sutf!ctent carparate sureiy band or other sec+lrtly sattsfsctorfr to Lendar in an ' � ' ^ -
<br /> ..�.a-�•�`�..r�
<br /> -• � amoartt suffiasrd to d�scharpa the L'en ptus any cosb end aitar�eys ta�or alhsr dtargas lhat eau:d�s as a resuH at a tnrectos�tre or a•Je _ _ _;_.., ::S,.r• ._
<br /> under tha lieti�. In eny eontest,Trustor shall defand i�elt and Lendsr and sha9 saL.�'Ky any adverse Judpment b9toro entoroem¢nt t[gttmi tM '
<br /> �
<br /> , i Properry. Trustor shaii name Lender as an ad�i8onai aDIIgee uader any suretyr bond tumished in the cor�ast proa�rqs. • ..1_`� �
<br /> � EYid�ne�o!Payment Truator shn0 upon dsmand f�untsA to LendEr sttHsFactory av[denco of payment af the t�ces or ssmessrr►�rds and St�aY ;� . : .�-a _ . .,.�,.�-
<br /> '' authoAra the aDDroPrtate qovan►mental oltida!to deQver to Lendmr at enyr Ume a wrtttan statement oi ths taxes an0 assessmer�apafrss!ihe . _ •° � � �
<br /> :�.�._.:�::
<br /> ProPeRY• • `"�'�'�?,° -
<br /> Kottce oi C.onstruttion. Tnutor stialJ notify Lender at least fiftsen(1S�days botore any wak Is commeneed,araY seTVloas are tiun,shed.or amr -":� --
<br /> matatlats are supp"ed to the Prcparly,it any mechenle's Gen,maffi�almen's uen,or other 9en coutd be asserted on axount sif ths wo�C. `'��" - _
<br /> servlees,a rtiefedats. Trustar wID upon request of Lender fiunish te Lertacir fldvance assuranoes sa8staetory to lender that Tnalcr can and wID : 2;: . - -
<br /> pay the cost of such improvements_ . �. ���� � � � • -
<br /> PROAEATY DAMAGE INSi6RWL10E. The followiny provlstons reiatlng to ir�surirt�p 2ho€�ty are a part ot Mis Deed o}Trust " �;.'�"="•- _`_
<br /> W
<br /> • MdMenanee of fns���sar. Tnistor staU procure end maintaln pa"c[es of flra i�:rsnoe with standard mdandsd covetaye endorsements on a �'. ..'.t .:,`..,.'� .�_.—
<br /> .�� rep►acement basts tor t�.e futt insurab!e value covering aU ImprovemerRs an the Raal i�erty tn an amour�t sutHcfe�t to avdd apF�an o4 arry � 4. .: ;.�,r,;r�,_�,�-� .
<br /> ` coinsuranca dauss.and with a�.zdard mortpa9ae dause in(avar at Lender. Trustor s�haU also procure arid malMaln camAre3m�'�hs peneral _.:; :, ,,. �-�a'--
<br /> Geb�'ity irtsuranae in s.rcn ccver.rn a.'nounta es Lender may req�a�th lnutee and Lender bsirg named as addtlonal insureds i�sud►ltpbEli y ��'° '_°
<br /> ir�poActes. A�ff�ena..'y.7:usia shall ma±�1n SucA othar szsuranca.tnd�dinp but not Artdted to ha�atd.busine4s h�rrup7on.tnd '".���'�� � .`�. •,.
<br /> boBer fnsurat�ca,as L�sn�+�y reaso n a b l y r e q�o. 3�a L d e s s h a f l b e w rf t t e n I n 5�i'�.e m nun L s.co v s r a p a s end basis reisanaC y a r.�pta6�e W ''"•:;; rt�•`j��`E : ,4 f*+�t .
<br /> L.ender and Bsuad 6�y s�mFanY a comparde�:�caabiy aooc�tabia to land�T:usZar.uPOn roQu�st ot t���Qe�Y+er ta 39.1dYr frOrtt °' : '.�:,.:'s.,�,:��}�-
<br /> tlme to tlme the pofcros a ea�c6Fa¢�s ot inswa�u�m 7arm se�ar.tory to Lender.i�cfu�rg s6pf�aUans that�s w�r+c2 b�,�snoeYed ar -
<br /> tBmlNstwd without at feas!ten�3D)�yts°priar written notlCe to Les�d9r. E�Ch i�wanco poW.y aLso st�D tndud��.��O��etrna.:9 fv�ravtdlttp ihet •' '�� ' ',;.�':,',
<br /> _ �•'.K�i:!; .�. �
<br /> •, � coverape tn favor of LenQer w���t L�impalred In any waY bY anY acR omissfan ar defauit of Trustor ar ury otlfer Pe�san- S.rJa�d ttw Ri�l .,,; v" �F:r:; : �<_ , .
<br /> `�' Property at anfi tlrtw becoma I^��in an ares des�pnated by fhe 0lrrecta of tha Federal EmeRen�Y Manopame�rt AponcY as a spaclalllood • y,�':' :•:`:;'�._ .
<br /> harnrd erea.fistor aprees to oD�dn and maintaln Federa1 Fload Insurance for the fu9 unpatd pdndpii b�farr7s cl tho toon.�to th�m�dum - -,
<br /> P�Y Ymib set under the NaU0na1 Flood Inst�rence FYOprotm.a as ottwrw�p reQuL'ad by lender.ond to mal�i.^e scch Uis[uarice for Urt term of �:•,�'T�.;,`:
<br /> - '` the IoYn. ,'�' '",.' •
<br /> � �.�_,., , .,��..�: .
<br /> ,. ° �AP��a!Pmceeds. Tn�star s.'+afl PromOtlY na9H Lender o�r�„'•H toss a dema98 to d�a ProDertY. Lendsr maY msilw proo!o}I�s N Tnator .. �,,4�, ,.• .�
<br /> � hib to do so withn fiflaen(15)d_-ps sYi the casu�tty. Whemer c�r�rit l�nd�s secwftY is impa(rred,'r.�dor may.a!it��o9an.caatv�u�s�hi ''•:,�.,. �t`•' ` :•
<br /> the proceeds ot any insurareoe Erd a�D�Y tne prace�e�s b trie ce�.'�tan af the Indebtedness,Pay:+�er�i of arry Itan aHaotlnp th�PropiAy.a th� .: t;:,,.
<br /> restora8on and cepalr of the�c�r�y. If Len�er�eds to a��g 4t+e praoeeds fo restaaBon and repaJr.Ti�ta afW npaY or nptnoa Hw ,9! `-4�;_,`
<br /> �� e
<br /> ' damaped or dastroyed Improverr.ams in a man:.e7�tisfactory to lsnder. Lendor ShaU.upon SafEstactory prcd af SucA�ec�Na.pay or .�
<br /> > reimbtasa Trusta tram tho proCSeds far the rcasonabte cast ot�pak or rostaralta�if Tnistor Ls not in dafatD���nCer th[a QaYd of TnaL Arry �°'. .� ', A--
<br /> procseds vrNch r.�.xe not been�sbtased adWn 180 days atter thek teceipt and which Lander hes rtot committed to ttN�pa+r a nitaaSon ot .��
<br /> � the P.�Fecry etn9�a usod tGst to DaY anY amount owtnp to L�ndw undev tNs Coed of Trust,than to pqy aaYU�d Intsr�t,and th�rsrnttnda�B .r�.:�,:. •�,' --
<br /> ersp s"sa9 be app5ed to tho psir�al balance of ths IndebteQness. ff Lsnder hdds ury procaeds c7t,�r paymmt in hYi at tt�I�debted►�s.such �. ,y ri�.. ���i��+.�'
<br /> Droceads stuY 6e paid to Truslar as Trusta'a interosts maY aPDo�r• •.f�f�, _--
<br /> :._ 5?1:; ,._
<br /> lltattpk�0 Inwtatca I�t 8ais.My une�Ired InstpanCO shaB Inuro to the bonsfit of,and pas�to.1Ae ptuciusor ot�Prope�ty cowtb by Ihls . ' ,�-�.",� -__
<br /> 08aG af Trust d arry triateBs sale a ather aals haid under ltfs provBlaro of this Desd of TnnL or at any torocl�uN soLi of s�h PropaAy. ,.�-...
<br /> TnutOa'a it�poA o+c Insuts�ee. Upon roquest of Lsnder.howevar nat more than onco a y+oar.Trusta st�a�hur�lsh to Landw a�epaA on ach �,��'`�,.�=s�.�.r.
<br /> wdsUnD poOCY af fnsieance showirq: (a)ths name af 9he tnsurer: (D)tM rKtcs insurb: (c)the amaur�af fh�PaQcy►: (A�tha prop�Ay Insur�d. � �r
<br /> � the then ctarord Iacemer�t vatue of such � V�Y• 4:�cf�=��``-'` --..._
<br /> �'eD P�oPerty.and the mannor ot detenNN that vafus;an0 (s)ttN q�tlHOn dW of 1f� �'F -ric.
<br /> � Trusta ahaA,upon request of l.ender.havs an indepsndsnt�ppral�e►sa�ory to L.�nQ�r d�tecm�ne the ash v�fu��pt�rtw'�cast o1 ih� "�'"�yJ�:�`�--��-�
<br /> ��,r;�.,..._
<br /> ' �^w� a �,r°:
<br /> N�'/• . ��<<•�i'C.:::'.ne
<br /> � - EXPENDIi1�$BY 6Ca.(4Z�R. N Tnuta(�to campry with any provislen at thfs Owd of Tiusl,ar M �cHon or g�oa�np Is cc�:r.�wiead thtt �---'`�""`�.=
<br /> � :'::.;�{(�:,�_; �,y�,,,_�,_:
<br /> woutd ns�rtaay afl�ct trnd�ta intarasb In tha Propoly.Landw on Trustar's bahaN rt�y.but shaB nct b�roqutrtd ta 4ak�anY acBar�Uut I.�ridor �.�+'�:'. _ .•ri ._ -
<br /> � daem9 r�r�priate. My amount thtl Landw�Ynds in so Qdnp w9 bwr Intan�t at ttw rats provtdod for In fha Nato trom tfia daCi In�.�r�d a p�ld r� �''i��
<br /> by L�n�ur�tfie date of repaYment tiy Tnlstor. A1 suCh w�eru�.�t LrnOare OptlOn.w� (c)be PaY�bis on d�tnand.(b)b�telQ�d�Itl�batinor � ��'�:__.__T
<br /> -.,����,,�- - , •„� ,
<br /> . .. ....
<br /> . of tha NG�a and ba apportlorwd amorg and b�WY�►�wlth atg►1t�Am�td PaY��b to beCOm�dIN dufhl0 eittls► l�Hto Utm d tfty►�DA�� ��y.`;�;�:.°,_;,#,, —
<br /> . insivanca P�1►a (�ths remaiNnp term o4 tta Nala.a (c)be tr�tsd as s ball�oon ptY�nt which w0 b�dtN and p�YabM d tM Nobra matukY• :��:—�-� -_�
<br /> . 1 This Oaed of Tiust atso�ID sec�o paymeM ot th�o emounb. tlw Aphla protidb fa in lhia puapraph atyi b�In tdd9an tp ar►y othr►Apt�b a�ny ,,r�
<br /> ren�s to whlch I.wcdw may ba�ntitl�d on aoCOUnt o}lh�d�faufl My auch�ctlon by L:MSf�r at�11 not ba caristru�d�s curtnp ttN d�hull so as to -�
<br /> } bar Lsndrr h'om�mr�arrwdy that H otherwfse wouid Nave had. - '_y.�c�i:;��, , ��.o �':
<br /> . -��i'i'- b•fn . � ,.
<br /> .'. ; wAAAANTY;OEFEIISE OF TIiLE.Ths roYowlnp provtsiam nl�llnD to ownashtp ot ttie PPOperty aro o p�rt ot thb W�0 a Tn�c �>
<br /> � � TIlN. Trusta wartanb thak (a)7�sior hdds pood and mark�taby tl8s of racord to the Rap�att�j 5n Iw almpt�,h�o and dev W d Y�s�nd • '��;:;;;'., �._�� --
<br /> encumbrancas othw than thoso s�Yi�a1Pf In Uw Real Property d�CApUOn cr In anyr titl9 instunnce p�.Uffe tepaA,or 11rtV fAy op�Non(tsub In •..:�,�: =
<br /> tava of,and acceptad by,Lander in connection+x�ihis Osad ot Tnut,nnd (b)Trusta has fhe P,�I s�,qhf.powsr,and aulhorlty to axecute tnd
<br /> deNver thks Oe6d c?Trust to Lender. � . �
<br /> • D�t�nN at TtW. S,bpct to fhe excepUOn In the puapraph abovo.Trustor wartanb and w1U forever defand Uw tlfl�to Uw Prop�tya�!resf th� -.�„�i.����,�
<br /> � �awf�A claims m a'i persons. In the event any actlon a proceedirp Ls commenced that quusttc�Trustofa tiUe ar tt�int�u�t o!1n�ste�a .--.T--
<br /> � Lender under this Qead oT Ttust.Tmsta shall dstend the actlon at Trustor's e�nss. Ttustor maY�s ihe nominal party in aucA prcMCY�Qinp,bN , �:,'�:'�.. . • .,. -
<br /> Landr s1iaY b�e�rtltlad to p�rUdpata fn the proaediny and to bs npr�anfb In tiw procoeCi�g by courts6l W Lsnd�fa own choio�.�nd .. �
<br /> Trusta wiY Q�uur.or c��to ba aWiv�nd,ta LonOa sucA insburrNnts as Lon6ar may roqu�sf ham tlrr�to ftrn�to psrmit suct�Duiidpavon. .
<br /> .�,' Yf�+.�O.aer�. Trusta w�na�th�t tM Prop�rty and Tn�stor's uso of ttN PropsRy eompA�s wfth a9 Wst►np�pp8ca�is faw�. F. •:, .
<br /> � ordinanoes,tnd rsp�laHons of govammermt authaflMa. .
<br /> COlIDE�9iAYtQ?7,Tho foDawlnp prcv?�o�ceSatlnp to condsmnaUon praceadlnss ale e paA o}ihb Q2ed oi TnisL _
<br /> �
<br /> Appileflion of NN PraeNd�. t'�:I ar an}r peit of 1M Property b wndemned by eminent Gameln proCeetArps or by eny proecadlnp a '-.'�..!' ` -
<br /> p�achw in Wu of condemnaUon.Lender may at ib oloclion raqubro thnt aY a any poNon ot ttw net procwdg of th�award bo aap0ad to th� . --�-
<br /> ro
<br /> In�ab9odness a ttia ropeb a restoraUOn of the Property. The nst procesds of Uw awud ahW mwn the award ottor puyrt�nt ot a0 reasontbla =
<br /> costs,wcp�nses,and attomeys'fees incurre0 by TrustOe a LunQor in connecHon wifb!he conQemnaEon. . � ' :. ==
<br /> Prora�tn�. It any proceedirg in candemnaUon b fited,Tntstor st�atl promptry notity Lender in writlnp,and Tnstor shaH prompSyr tatce auct� . �,-
<br /> steps as may be neoessary to detend the tcUon end obialn the award. Tnrsto►may be ihe nortdnal paAy In such prOCee�nQ,but tsndeT shat! ' �_
<br /> be entitied to participate In the proceeding and to be represented M the proceet9np by courtsel W tb own chaco,end Tntstor wID d�vCr ar , -
<br /> cause to bo Qe6verad to Lendet sueh insVUments es muy be requestod by it hom tlme to tlme to Qermit such parUdpBUon. � �
<br /> . IIIAPOSITIOM OF TAXES,FEEB AND CHAiiGE8 BY GOVERHNlk�ITAL AlJif10RITIE8. Tho followiny prmrtslons retaflrap to gavemmantal taxes. . �
<br /> tees an0�harges ers a part of thls Used W Tnrst: • � .. . . _..--
<br /> Current T�es,Fees and Charpes. Upon requsst by Lender,Tnistor sha➢a�cecute sach doeumenb in adQitton io thla Dsed ot Trust and take i . �`��
<br /> whatever other acdon is requestad by Lendor to perfect and conUnue Lende�s Con on the Roal Proporty. Trustor 3h�H rdmburso Lendar tor aIl ' . �R
<br /> •, � taxes,as des�xtbsd betovi, topether with all e�en�es Incurwd In recormnp,pa�tocHnp or con8nulnp tAis Deed o}Trust, Indudlnp wiihout � , • • �
<br /> I1mRatlon all fa�ms,teas,documentary stamps.and other chsrQes 4or recordinp a re�ste�iny fh�Osed of TrusL
<br />�-- s�r-�. sr.a sa;;c:�a s�car�tura��a�ts�:�san�..�: ;�1 s a°^-',,,"^�"•��'.'�M�s o!�2"9�Tn_�s!Qr t�an e!1 w onyr � - ° - - -
<br /> part of tha Ind�btedness saCUred by this Ossd of Trust; (b)e sQoCtftc tax on Trustor whkh Tn�stor is fluthorFr6Q.oi qr3quMed to daQuct from f ; l ��..
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