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<br /> ' ' DE�O�TRUST P��a 3 �` �
<br /> : - ar 2a�s�� � � �
<br /> . . corl:a::� �7°� ��'�'�'�a' � ` - -
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<br /> -, Loeo No 39�5 ( . i �.__._. -.-
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<br /> under the►sn. In any cantest,Trustw shsD detend il5eit end lander a�d sha0 s�tlsfyr any�dv�rse judQm3nt boforo ontoresrrt3rd egJnst th� f . . . • -
<br /> . Property. Trustcr sha9 name Lender as an ad�iL'onal obtig�under any surety bond tumished In ti�e corttsst procsedir►qs. �
<br /> �1riQtnon mt Pryment. Trt�tor sNaQ upon damand fwnish to lsnd2r setLsfaetayr e�Idence af paymard o!the te�s a essegsrtienb end shall l . � - .-
<br /> autt�afm the aAProP�ate qovammente!oftft9al to deGvsr to Lender at en�tlmo a writtan stutem�M ot ttt�v texes entl essessrr,er�agal�ut f�o i '��
<br /> . ,� ��s,�,,. f . . �
<br /> t�oitee of Consbucdon. Trusta s1uN notity LenQer at teast frNeen(1S7 days betore arry wor9c b eammencod.anY sr�rv'�es aro tumish°d.ot anY �
<br /> < � malariats are suppfied to the Property,it artf�mechan�'s Cen,matedatmen's 6en.cr athar lan coula b�asser�d on eeoaunt ot tha wortc. , . , .
<br /> seivSC�,or matertah�,. Tnatar w01 upon raquest of Lender tumish to Lender advance sssura�ces satts(actaY to Lender that Tn�sta can and vrBl
<br /> pay the cost of such improvements.
<br /> - : : PROPERN DAMAGf itiSlfflAF3CE. Tha foiiowln9 Prov'a'IO+b�'.atin9 to lr�trs9 th�Pro�lY are a R�of Mls Dead o!7n�t. .- ' - -. _
<br /> Ni�ntenante of teiauranee. 7rustor shafl procure and malnteln polL�of Nre irtsurance wttti sfandard e�Cended a�ver¢Qe endorsements on a � ` . ; � —
<br /> ' rep►seemertt be5is tor the tufl insurable valus covering all ImprovertseMs on the Real P�operty In an amouM suffident to avaid appReaflon of any . ` .,
<br /> � coinsuranee ctauso.and with a standard mortgayee dause in tavor of Lendet.topether witA sueh ather ha�rd and QabtGly insurance es Lender ; . • --
<br /> may reasanably reqWre. PaGc�lees shall be vNfCsn in form.amouMs.covaragas and bes15 rsasonebiy accefl�'b!a to Lend�r 8nd issuad by a f
<br /> comparry a eampanies reasonabN acc�pta6le to Lender. Tnator.upon request oi Lender,w�deGwr to Lender trom 8ma to Eme tl�e poBcies �
<br /> or eertiHcates of i�surence in form sat�ssiactory to LenQer.induding sUputations that Govera�es wU not be cancelled or dimlNshed widiout at
<br /> a
<br /> teast ten(10)days'Dricr written natlCe to Lender. Eseh�asurance Ga�Y elso St�al�indude an endorsement providiny 11iat cove�ay�in favor of , _
<br /> Lender wUl nat Ce impahed in arty way by any ect.omission or default of Tnistor ar azry other person_ Sho�ild the Real Property at any flrt:e _
<br /> . Eecortw Ia�S�d in an area des�Cr�ated by the Oiteeta 4t tha Federal EmerQencY�������Y as a sDeelal Hood tw�rd arae,Tntstor .
<br /> aqress to obtirt and mefe+lain IFederai f[ood t�uranee far the iuD unDaid pArw�paf balance of trie loan.uA to ihs mndum D�Y orrils set under ' �_
<br /> ' uw[VaUanel Flaod tnsurance P�o�ram.or a�attienxise ce4�by lender.and ta mair�tein such Insuranm for the trrm ot tha loan. .
<br /> �p�a4lon o!Proe�eQa. Trustor shaJ pramptly noHfy lsnd�af erry tass a damaQe to the P r o p e r l y. L en d e r may m a k s P r o o f a f t o s s HTnaio► . • ' ��-__
<br /> ' _:._r•
<br /> faQs to do so wfRiJn filEeen(t�days of the easua►h• Whsther a not lsnde�'s sae�eit�/Is Impated.Lender tr�Y.at Hs atacrion.teoelvo and relatn � .� .
<br /> the Proceeds oi any i�uurance and MPH�e a%'�+ed3 to the rsd�cBon of LR��,rs�abtedrwss.DaYment afi anY f+en affadlrp tM Proparly.a the
<br /> ru . � - • .
<br /> restara�on and repaU of tt�e Propertfr. If Lez�eteds to sAPH�8 P��a r6storaUon and repetr.T�icr sha9 ro�ah or reAiace the � � '. � � . .
<br /> damayed or destroyed Impro+smenls In a manner satlstactmY ta Lsnder. �stsall.�ten sads(actory Proof at 5uch a�an�tiue�.DaY a � ..._;,
<br /> retmburse Trustor from the procaeds ior the reasonab:e cost at�.atr or .�:+"rf T:*ydra fs not in d6fault under Ws Qeed af Tntst My f • .. :,;.- -
<br /> proceeds whkh nave not been�bwsed within 180 days af�a tr.ee receipt a-.d u:+ICY►LenQ�r e�s not comMtted to tha re,�-�m�tora9an of ; <::�': -�-°_.
<br /> � the PrapeRy sheD be used fi�s!to pay any amourtt owinp M Lendsr andar t!�meed of Tn�st.4.'en to pay aaaaued tnterest,ar.�t�a rematnder.i} : , � ��?�',�
<br /> � anY.shafl be apptiad to the pdnctpal balac►ce of the IndaDtadnesa. if Lend�[�ar�cs atry Proceeds after O$Ym¢nt in tu�ot the Ired��tadness,such I � : ,�
<br /> . procaeds SheD be p810 to Tntstar as Tncstn�s interesls may apPear-
<br /> �tnaurance ri Sate.Arry unaxpired I�uurance sPwll inure to the bers7rtt of,and P�to.the Durc�aser of ttw RcDertY cav�arod by L'eLs �:-
<br /> ns ' ••,
<br /> , Deed of Ynst at nnll trll5tee's Sefe Or othet sefe Reld under the G���ns ot d�is Deed Of Tn�st.0►at 8nY�ot9do5ttre Sale Of Sa!C.'�PrOparlK , � �4,;�-`"'�,:,;�:;�'
<br /> Cpa�pp�rte�wi�f E1dstSe�IeidebteQnesl. Dt�i�Hte period in wtdch arry 6ds�lnp Indeb�dn�QestaibeC betaw�tn eN�t,�asyRanco xr� •°:
<br /> ' the Uisutancs DroNSlons conLined(n the tnstrumsrd eHdencin�such E�stln8 tr.dsbtedr�ss sh�D eonstiNts comp7ance wit..t2�instaa.�8 � . I
<br /> , •; �'.}, i �
<br /> � provlstans u�der tlib Oeed at Trust,to the�tent comp0ana with the terms��his Deed¢7 T::ast woutd co�a duDII�6�'n o!Its�a.� •�_.�' ,�'•�.;.,;
<br /> requMement If any procseds hom tha ir�t�anra hecomo payabb on lo�,d�s pravf�ara in Lhis Oaod of T�3 tbr dhAsion of ptoeeeds� ��.. ,;_..
<br /> .. appty onty to thot portlon af the praceeds nat peyabte to the holder at the F�Hry Intfebtedness. � �� �'�'"�u�:
<br /> � Ei(P9�ICtTilRE3 BY LENDER. if Trustor faits to compry with araY Provislon of th�Daed of Tc�.Kc.indu�Snp trry abDpatlon to mNntafn 6�tlnp .. '`',�'�'.;'�}".":,_-
<br /> � ' tnd�t�dness in qood standir�y es r�DuUed betow.ot it arry nc�an ar proceedirg is wmmanced tta".wo1A4 m�ate�taY�l affeCt Lenda�s infaosts(n the � �. =f �.
<br /> Prc�aiy,Lender an Ttustors behait maY.but shall not be requhed to,take am►adtan that Lender deoms approp • •'� � ' � _
<br /> riete. My 8,'�tnmt ltvit Lendet � �
<br /> e�ends in so ddrp w�i bear interest at the rate provtded for in t�e Nota from the date incurteG or pald by lender to the data ot repaymeM by � '.,�,..Vx, _ .t� � �'
<br /> � Trusta. M such expenses,at isnders opllon,wiU (a)be payabi�on demand, (b)be added to th9 balane9 of th9 Mate and be�ppotBoned am6tgp "
<br /> and be payable with any Insfallmenl payments to became due dtuinp either p)the term o!anY aCD7cabte Insuanco potk,y or l�the nemainlrp te�rr�n ...�L;_.- ' .�tx i`�<,
<br /> - of ths Nota,w (a)be trentod�s a batioon payment wt�h wm be Que and payab3e nt the Kd.arQ maturily Tte's OaOd of Tn�1t�[sa w�Socute 'g"' �;,�
<br /> [s
<br /> . e;s,r;_. .
<br /> payaaent o9 these amounts. The riqhts provided tar M thls paraptaph sha9 tro tn adtLtlon to tury fitASr riphb ot rsny rems�s to wlsi�'h Lander may pe :�,;;;;. , f�
<br /> • entrtted on aatount of tha deta�t My such ectlan by Lsnder stw0 not bo construed es euriny tAS dolault so a�to bar LOndor tm,rm mny remedY lhat :� `.
<br /> t �'. '
<br /> � it otherw�e woutd have haa .,,,� � �-�'
<br /> .�t -�=.:-- -,:
<br /> WARR�NT9:OEFENSE OF TRLE.Th�toNOwlaB Drov(slona refatlnD to ownershlD of the R'opwlY�re a part ot this Dead of Tcasl. ' ., . •'"' ��`';,��;-
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<br /> . ,.� +,t�:• .
<br /> Ti1M. Trusta vramnb that (�)Tnista ho1Qs Oood and nwrkotabta fYda W neord to Iho ProD�Jl in ine elmP�.frM arM cseu of VI Nua and ',.;�.,,�,,,� ���,���,����,;,,
<br /> erycumbrar�s cthar than fhose sat tatA in ttw Reel PrcPertY desaiDaon a In Ua ExtsUng Indebtadness arcHan bWow w In ar�t Stt�Msurann . . . -`��-:�,.--
<br /> ' �icy,tiUe�epoA.a Onal fi�a�nbn Issued tn favor ob and acoepte0 by.Lender In nonnedion v�ith tNs Deed of Tnts�and �)�r�.stor hts the •.�.�.,
<br /> `. � Rds dpht,power.and a��ttior�ig ta�eetRe and deaver this Deed of Tnat to Lender. —
<br /> _ � .��.
<br /> OeNrw of TItM. Sub�ct to tna exceAUon in the parap�aph aEova Tnutor wananb and w�`ixever dWorb tty ti1N to th�PropaRyr apolnst U» • �
<br /> t . ' ; '
<br /> •� fa�vful dalms c7 all pe+sans. tn the event any actlon a procsWtnD ts commenced ihat�aas8ona Tnistofs Qli�ot Uw�af TntstYe�r :,�w,;�_ _
<br /> .•; Lende►under�Deed of Trust,Tnistor shell defend the acNon at Trustora�.�e. Fr,�r may be the nort6nrl puty M such praC�sdinp,� ;`,�«�•_.,,�,.,�::
<br /> � Lender sha�De emidad to P���in the proceadln8 and lo be repnsentsd dn d��.r�oeediry bY couns�i of Londws owa chala.e.^o: ' •
<br /> Trustor wAI dgGver.or puse to be de1[vvered.to Lsnder stsch instrumenb as LenQer may sar+�sf tram Ume to 8me to permitB�,�ch QtrHcipatiori. .-�� _.
<br /> de �.�,:. - --
<br /> ; i CwnpFi�fu Wi@f Laws. Trusta wuranb Uiaf Uw Froporty and Tnators use o!ihe �erty comPiMS with oi a�dstlr,�apDAabW I�ws. ., :� . -- �''�LL �--
<br /> • adir�eces.and repui�itons of yovemmer�l authoritks. ' ,•..,�,:-••.•..`���--.
<br /> , ; EXISTINQ INDFBTF�Ff�89. TAe toAOwlnD provfslons conoe�Nnp e�in0lnQabhQness(tha'F�dsUrp Indeb!e�rses�9 ace a paA of thb Ce�t¢9 � _;
<br /> ; RU51. , �'.
<br /> „ OQ�1tIp LNn. Tha Ben of this Deed of Tnst sacuriny the lndebtedness may be secondary end inlertw to an�ds�np Yen. Tnutor a�rassiyr . � �'�
<br /> .�,..--
<br /> : oovananb and aprees to pay.w sev to the payment of.the E�ap Indattodness and to P�rt any QohW on suCh Irtd�bteQnes�,arry deiatfi . �-
<br /> � �� � �.�der the inSUVrtwnts aNdandr�sueh indebtednass,o►anY�:�t undet arry securily dc�'�b tcr such Indebtsdnssa. . -
<br /> � DefaWb I}the Payment of any IrutaAment of principal a a^��t on the E�dstinp Inde��eGrte�b not mtQe witMn the Ums roquirad by fhe -.:
<br /> note evldandny sueh Indabmdness,a shoWd a defaNt oeeur under the ins+.�:.ent saeurirap sueh indebt�drwss and not be eurod durinp any : . �
<br /> 8�nd payabl�e,�a dthis 0 d ot Tnnt sAM be In�defaull.��der,the indebtedoisss secured by this Deed of Tnist shaD b000m9 immediately due _• .
<br /> . I_
<br /> • Dip Ntpdtflc�tlan. Trustor sha'1 rtot entor Into eny apreement v+{:h the hotder ot erry mort�deeC of trusl,a otha aseurity�srtunl whiCh � `'''''��.—- . �
<br /> • hes pdarrry over this Oeed ot Trust by whlCh lhat agreemer�T irs modffkd.amended.e�an�d.o►nnewod wlthout Uw pAa wrilf�n Canssnt of • . �
<br /> .. Lender. Trustor shall neithar request nor aooept nny futuro aGrranoas unQ3r eny such sa�cidty egre�,m�,r�utt�out th�pAOr mitbn aor��of . . �a_ _�::
<br /> ' ' • L,�ncNr. � � .• '
<br /> � CON�EMNATION.T�o fo0owinp provfslons n�faBng to condemna8on prooeedings are a paA of ttib Dead of Tru� _ '.. �-
<br /> ' . ;' AppYSdio�f al fiet Proeeed�. If s9 a ai►Y Oarf of ihe Properry b eondemned by emtnant domein proceeQinps a bY�1►D��eed�rp e► � • .
<br /> . . • purctasa In IMu ot condemruUOn,Lander may at ib c�ecUon repuks that eB ot arry paUon of the net procoaCS ot tho award be app0ed to ths . :
<br /> ' Indobtedness a the ropah or restonUon of tAe PropeRfr. The ne1 proceeds of the awerd stuY mean the award after psyment o}aD reasonobie �
<br /> ' cos�,expenses.End attomays'toes inaurred by Ttustsa or Lendor in connactton with the condamrtqUOn.
<br /> ; P�din�. if Fsnyr ptooeedin0ln condemnaUon b filed.Tnistw sheU prompL�notify Lendcr in writlrtp,and Tnatar sha11 prorrfpiSy take such � �.
<br /> • steps es m,3y pe rteoessary to defond the actton and obtaln the award. Tnistor may be the norNrmt parfy In sueA proce0dinp,buf Lender sheD .
<br /> be entiUed to participale in the procsedlny ond to De represented in the Drooeedlny by counsel of It5 own cholce,nnd Tn�ta wfJ d�vsr or
<br /> • ' cause to be doilvered to Lender such Instrumen+s as may be requested by it hom dm9 to 11me to pertnit such paAidpaUon. � �
<br /> ; ItIFOSITtON OF TAXES,FEES AND GU1ftGES BY GOY�RFi0.7RtTAL AUtK0A1TiE5. Ths(Wowinp pro�lstorts re:atlnp to Qovemmantn)idoos. . � '
<br /> , tees and cha�es aro o paA of ttds Deed o1 Trusk �
<br /> , Cunent T�ccw,Fee9 end Ctwr�es. Upon request by Lendsr,Tnistw sMil eocecute suCh dacumenb in addiUon to thts Oa9d of Trusf�nd tt►Ico -
<br /> ' whatever other ecdon is re4U�ted Dy Londer to pertect and conUnue Londsr's Cen on tho Roa1 Prope�ty. Tn�stor St�aD relmburs9 Lsnder 1w M , � ,�
<br /> " taxes,as deseribed betow,figether wlth atl expansss inettrted in recordtr�p,pertecHny or conUnW�sg thls Deed of Tntst,inctu�ng without � • �
<br /> ` lisssil8tfOSi 3R 22�.•.�""'�.��"`.••A:°t`f SlCm-0r.Et►Q Q!!!�!�';tg34!0!!iL'4!Q�Itg 4r��thlS 080A q!Trusl. � -• -°-..:-----
<br /> I
<br /> a Tmce9. Th0 foCOwing sha0 constihrte taxes to whiCh thb secUon app8es: (a)a spaWflC tex upon thls ty�o Of Deed Of lnut or upon ell or any ___
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