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<br /> • Q1-��t�9� DFED OF TRUST PnQe 3 _-
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<br /> Loan No 404210 (�onUnuad) �17� 3v���,� � . .
<br /> RtEAt To Contesl. Trustor maY wifhho�d PBY�rrt af any tax.ass�srtrsn►.m dalm in connecdo�with a gbad fa�li dg0uta ovar the oht�a8cn ' ' '. .
<br /> ta pay.so tonq as Lender's interast in Uw PrcpeRy is not jeopardi�tl. If a L'9n ari�a fs�ued as a rosutl ot nonpayment,Tn�atar SheA within . .:��,`
<br /> fifteen(1S)days aft�the llan Q�Las ar,If u L'�n ts Eed.vrftNn frrtsen{t6)days eftu Tntstw has nottco of tR�rt'Jng.6c3CUro Use msGharao of thg .
<br /> usn,a it requs3ted by Lender.Cap�it w1Ui Lender essh a a sufRelent corporate aurs4y bond or other sscurity satksfaetory to Lendsr In en '�I
<br /> amouRt s�Afldenl to dtscharQe the ticn pius enY costs and attorneys'fees a other ct�arpes th�t wutd acaus es a rasu�4 af e foredaure or sale `'
<br /> unCer tha Iten. la any contasf.7rustor sfull defand itsetl and 4ender nnC shaA satfsty nny advarse lu�mant bafore ontaroemer+t epslnst the �;
<br /> ' Rroperty. Trusta sh�A name Lender as an addi8onal oDtlyee unBer nny surety bond furtsishad In fha eantesi proce�dln�s- ; ,
<br /> 1, EvtQeflee of Paymtnt. Tnista SP�all upon demand fwNSh to tendar sat�Ytc4ory 0vldor+ce of paymeni of the taxss or asse�srt�nb and shaD `: j°
<br /> • i authoA�the apprcydata governmenSal otHclaU to det'rver io Lender at any tlrtse s weitten sffiterrtent of the taxe5 and essassments apatnst the
<br /> i PropB(ty. '
<br /> ; Ftotks at Ce�lrttttt�n. Trustor shsD no�tyr L9ndt�at le�...st frRosn(15)days bafo�e any wark Is eommenced.any�vtxs ero 4unfsitied,ot anY ! `
<br /> j matartais are supp08d to the Property,N eny machank's ilen, nuterialmen's Iien.ar other I'ien couid D�ossartad on accaurd a!tPsa��tork, � ..
<br /> •� servloes.or matertaB.Tnutor wtN upon raquest of Lender t�rtnish to Lande►tdvanco assuraneas�tti5f&ctary to Lendsr thst Trustor cxtn and YrID :
<br /> pay 9he cost of such Improvemants. �
<br /> � PROP�TY DAl1AC�IPd3l1liAPiCE TRa f6UDwirtg provlstons rel8ting to insuring ihe RtOpedY are a pett of U�1s Oeed af Trust f •
<br /> INai►ttarr�ce W tnsuraatee. Trustor shaU procure and mal�tn pooeles ot flr�ir�suratioe with s�ndard e�Qanded coverase endarsemartts on a •
<br /> repta�mer�i basis far th�tW Insurable valus cwednp ell�mprovemerds on the Rael PrapeAy in an amaun!sutflcient to avd4 nppiicaSion ot arry �
<br /> Coir�urance dausa,end with a s�ndard mprtsapee dau5e in fava of Lender.topetl�er with suCA oti�er t�rd and O�b�ty ir�stuance as LenEer . ,
<br /> may reasoriabN re4utre. Poticf�sha0 be miiten in fartn�amounb.coverases ond basis reasonabry aocsptabfa to Isnd�and issuad by a , . _
<br /> company or oompanies reasonehfy aCCeptabSe to Lander. Trustor.upon request of Lender,wi�de9ver to Lender from Ume to tlme the poedes ,
<br /> ar certiflcates of insurance in torm sai�ctor�►to Lender�InCludfrg s@Putatlor�s thai coverapes w�not es arxe68d�dmlNStwd wfthout at 'r
<br /> teasl tan(10)days'P�a��n notke to Lender. Ee�h insuranee P�Y�s��udo en endorsema�rt provt�rK1 tAat covaraae In favar of j . „- _
<br /> Lender wllt not be Impatred in sr►yr way by eny ac4 a�ion a Eafa�it ot Tnalor ar any othet persoa Shoutd Uw Fdeal Prop9rtfl at ar►Y 8me ' . -
<br /> become located in an area desdgnated by the Dhectar of the FeQerai Emetpency Manaq2mern Apent,y as a special 1!ood harard arae.Trusta � . _
<br /> ayees to a1�ffiin and maintain Federal Flood Insuranee for ths tu0 unpaid P��'P�ti�a�laan.up to Ute mvdum poBr.y 8mib set undet . ,
<br /> the Natlonal Rood Insurance Propiam.or as otherw�se reQuUed tiy Lender.and ta m�fitaln such Insurance tor ths�erm of Ihe toan. . , � .
<br /> ApplkaUan o!ProaeQs. 7nutor shell Dtan'�P�I►nOtHY Lender o}any loss or damaQe to the ProParh. Lertder may make proof o!toss 8 Tn�stor : __
<br /> fai►S to do so within fitteen(1�days of the casuaity Whether or not Lender's securtty is ImpaYed.Lender may.at tb eledion,r�ceive n�d re�aln : . � .
<br /> the Procaeds of eny Insurance and+aPPN�e ProCeeds to tAe reductlon of the tndebtedness.PaYrtwnt of any Gan aflaetlnp tiw Proporty.or the , �,
<br /> restorarion and repab of the ProPertY. It Lender eieds to epPb�e Prooeeds to restoratlon end BRatr.Tnmtor St�iepatr a r�ptaee tha ��`.
<br /> rep8
<br /> damaped or destroyed Improvemsnts In a mnnnsr saffstactary to Lendar. Lender s�sll,upon satlstaGory Drao!ot�uch e�endture.paY or .: .r,e,
<br /> retmburse Tnrstor irom tAe proceedg for tl►e reasoruble cost oi repak a restoraUOn B Trustor ts not fn dafau�!under this 9eed sf TnaL My �..• _°
<br /> proceeds wh�h have not been disbwsod wit�►e 180 daYs after trisb'rec�lAt end whlch Lertder hes not eammttted to the�patr a rastoretion ot ;� :
<br /> the Ptoperty shall be used flrst to pay cny amount awinp to Lender under ttUS Oaad oi Trusl,then to pay eoatt3d irderss�t.Md the remalnder,if . �,".�;� _
<br /> any.shaR L�e appQed to the pris�cipal beiance ot tha IndebteQness. if lender hok�anY ProCeeds aftar paYrtN+d in f�t of!tw lndobtodtwss.sucA • :,' .�.+.; .'.,� -
<br /> prooaeds shaU be pald to Tnista as Tnutors Interesls maY eAAea►• � '�`� I
<br /> Uriezptrcd tnautance at Sata. My unmcpUed insuranco shall inure to thES benefit of.and psss to,the purchasct o!ih3 Propwty cavarc8 by tlus - . �� ';,;�.
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<br /> � Oeed of Tn�st at any tr�'s sala or other sale heid under the provisions of thts Oeed ot Tnut,a et erry faaodosure sele¢Q sucN ProDeRY• . •
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<br /> - Compt{enee witt��rc�eb2edneas. Ourinp tfie period tn whkh arry E�dsSrp lndebtednass desertbad balow�f:�et9ed,compGarwo with ..�' , �.�•.�� � .
<br /> the Insb�rr3nw Pravisa:¢.;,�^'�ned in ii�lnsbument evidenCirrp such E�3stlrp Indebt�dness Sh9D constRut�compT6�rras wflh ttw trxuranco •
<br /> provfslcrs�Lti,�ee�s:Tnrst,tc�mt�n!compllance with the tertns of U�fs Deed ot Tng!wouls!canstl4ute a ds�3caUon of insiaance . "'�' �';
<br /> • re uire.:� �a. ^:�as hom the�.c+�anoe 6ecame payable on icss,the provisioro In th(s Oeod afr Trust fa�o:�o!pmcee4s s�.aD ( ' ''3: ����`',' ,
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<br /> ' Q �t t orEa��Y Sfle roceeds not a b to the hdder of 1he F.xtstlnp InQebtadness. � �.,
<br /> aDPN onty �tna p • P P Yeb � �::.
<br /> • ' E7tPEliDiTUAES BY iFHDFA. If'nutor fafls to campry wltA anyr provision of thts Dead ot Tn�sf,Mdudiny arry obapQtia�to malrrtaln ExlsKnp � • � `i;
<br /> A. `
<br /> IndebteAness in good s4anding as reou6�ad beiow.or N any actlon or praceed�np is commQrscad Ihat wa�d materiaiij►aNect Lendsfs intsresis in tho � � ;s' ,e�. .
<br /> � Prope�lyr,Lender on Trustors behalf may,but shaii not be requlred to,t�any acdon that L.ondor daems apOrop�at�• Ar►Y imount thd Lende► - -
<br /> � expend3 In so ddnp wN bear interest at the nte proNded tor in ttie Note irom tha da�incurmd or paid by lender to ihs dafe af np�yrn�nt by ,`�� _
<br /> ' :. Trusta. A!1 such e�enses,at Lsndera optbn,w� (a)bs Pay+tbie on demand. (b)be added to tha batanCa ot th�Noti and b��ppoAfonad amonQ � � � �°
<br /> and be payabJe wlth any i�tallmeM paymenls to becom3 dua during eithar (i)the term of erry appAcable insurance po0cy►or (Yj th�rertulnioC t�m �
<br /> ct Ihe Note,or (c)be treated as a batlaon payment which w➢I be dw and paya�te at tho Notes mat�elty. 7hls Doed of Tnat atso wfY sacun ,,, �.
<br /> • �ymeM ot these amounb. ���fyhis ptoNded fa in this parepraph shall be in admtion to enj alhet tiphb or any ramYdYS to wi�cA LAnd�r muy ba �% ''!"•
<br /> enuued on aocaunt of tha e�:�� AnY sueh actlon by Lender shaU nat be constnied as eurir�the d�fauri so as to ba Lende►trom ury nmsQy th41 •%�_�'. • �
<br /> � it otherwlso woutd hove ha� . . ,
<br /> -�:);:; WARRANiY:�AElNSE Q�T6TLE.The(oGa�rLL A provls�ans retaUnp to cy�scep of the PropoAy are a part d�+'s Oeed a}Tiu�t. :,,
<br /> '�.!i:^s�,','
<br /> TIUe. Trust�r wa�ran5 L�a� (a)Tnustor nWds sood and r�ar'cetshie t7ira xt recard to the PropertY in tee stmDta.hsa and ctaar af al Gans and , ,
<br /> encumbranoes other e�n.:ase set(or1A In the Fteal Prar�'L�desatp�on or in the F�:'�t:.�tedness seclian brtow or In arry tlW insuran0a .. ..: .��.�.
<br /> Pplicy.tltte r�pA,a fr,�i�.,a opinion issuad in tavor ot,e-�accepfed by.Lsnder in con�an witl�fhb�eed oi Yna1,and (b)Tnnta has ttw . .,•,��:
<br /> full rlyht,power,and a:.::^•arity to execute and de6uer this Oeed ot Trust to Lende►. • :^�' .'
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<br /> D�ilnse of Tttlo. Sub)ect to the eoccepdon in the parayraph above.TnL,Ma warranb and w01 farover dofond tlw Utb to ttw PrapaAy apafr�st tha �,��-
<br /> Iawiul clalms of all persons. In ttw ove�any acdon a Proc�edrty�s r�;.:imenced that questlons Trustofs UUe a tAe InWrast of Trust�ar , .
<br /> Lendar under this Deed of Trust,Tnista sha0 dehnd fhe acUOn at TniSsr�s mcp�nse. Tntstor may be fh�nortYnal party In aucA proca�dnp,but �.. —
<br /> Lender shail be anti�ed P,�DaAietAate in Iha Procaedtrty und to Oe roDroser�0 in tAe Procead�g bY cour�sel of Lendlfs owo chobe.and �. . . •
<br /> � Tnistar witl Qeliver.or�.usa to be de�vared.to Laidar such InstrumerRs as L.ender m��r�,r�r�t from Nms to tlrr�to pertnH such participatlon. f;.•; . ',�, .—
<br /> Complianee With Lwic�. Trusta werrant9 that the Property and Trustors u:te o!4hp Property compUes with e�e�dstlnp epDNCabt�taws.
<br /> ordlnenCOS,and requlaUcns of povemmenffiI authaiHes. �
<br /> E7tiS�INO INDEBTHDNH88. The foQOwinp prav�lons conceminp obsUng ir�!edness(lhe'Exlsdnp lrtd�tc�Oness')ar�a put o/this W�d W :
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<br /> Trust. .. � •
<br /> OdaGny Llen. The nsn at this Oeed of Trust secudnD the IndeDtedness may be sece:�dary aed MiaAor to an existinp dan. Tnrstor a�nssiy • , � '"
<br /> 1 couenants and apraes Eo pey,or see to the payment of,tha ExisUny Indebtednosa und 4o pr�+►�ent any deht�f on such Indabt�dnoss,arry 6efault � .
<br /> '1 under the instrumenb evl�et:clnp such incieb�drnss.a any de18Wl un�r er►y securl'�y do�menb far au^,h Indabtednsss.
<br /> � Oefaul� If tAe payment af any InsaOm�nt of princlpal a any Urterest on the Exladnp Irtdebtedness b not made w(thin Uw tlme cequted by the
<br /> note evsfl�ndn9 suc�indebtedrtoss,a s'^.cutd a detauN oocur under tfte Lstrument securiny such Inf,et+2edness an0 not ba cund Qtutrp nny
<br /> cipptic�ze Qrace perlod Merein.then.at;`s opUon of LenQer,the IndeSteQness secured by Ws Doed o!Tnut shell become immedia4�j Gue . .
<br /> and payabte,and thls Desd o1 Trust shall be in dsfault. ,
<br /> � No IlAodtBeatkn. Tnrstar sha�not enTer into any aQreement with the hdder of any mnR�aqo,Qeed of trus1,w ofher soeurtry spreement whieh , _ . �
<br /> has prlority ovsr this Deed ot Trusl by wNch that ayreement b mod'iAed,amended.e�denQed,or rerrewed wlthou!ths prlor wrHten consenf ot ,
<br /> Lender. Trusta shall neither request na accept arry futuro advancas undet nny such soCUrily n�metn without the P�a writbn conserd of • . . .
<br /> • Lender. ' .
<br /> • CONDEAANATtON. The foltowlrp provfslor�s retaUny to CondemnaUon proo0edlnps ere a peA af thb Daed ot TnLat. � :=
<br /> Appfkatlon pf Net ProeeeQs. H atl or eny part of the Properry is eondemned by eminent domaln proceedlnps w by any proceedinp a �
<br /> � purch�e in Ileu of condemnauon.Lender may at Its etecction requlre that aY a any portion of the net praceQds ot the Bward bo opp9a010 the
<br /> Ind_H�tedness or the repalr or restoranon of the Praperty. The�et proceeds o}the awatd shaU mepn the awatd aRot payment of atl reasoruible ��
<br /> nosts,e�ensns,and a8omeys'fees►ncurred by Trustee a Lender In connectlCn with iha condomnation.
<br /> ProNedin�. If any proc98mn�in conQemnBtlon IS fited,Tnista aheH promptty notity Lentler In wrlUnp,and Trusta sfwN promplly ti0ce such
<br /> steps as may be necsssary to 6efend the acdon and obtaln the award. Trusta may be the nominal paity In such prooeedlnp,but Lender sMfl
<br /> be entiued to particlpate In the proceedtng and to De reprosonted In tho proceedin�by courrsel o}ita own choloe,and Tn�star w(U Qellver or • .
<br /> , cause to be deiivered to lsndsr such insWmonb es may De requssted by H from Ums to tlme to permit such part�ipaUon.
<br /> IF6POSiTtO:�CF YAXFS,FE�S Ati,�G9ARGES BV GflYERt7t7El'JT�:L AtJTtS0AIT1E8. Tha to9ouriny provlsions retsUr�g to govemmantal t�s. , ;;�,
<br /> � �sss0 cl�.srg�s r.s°3 pst!4t lhJS Qesd a1 T!�r,t: - —
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