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97102374
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97102374
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Last modified
3/11/2012 6:46:11 PM
Creation date
10/19/2005 5:34:45 PM
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DEEDS
Inst Number
97102374
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. , t . . . . . . . .. , .. ' . . . ` _4 . .� .. . . . <br /> � . � � ' . _ � . .._..."_'_ _ _ <br /> ., ' . �� . • � ' • - � .. �. .i .,._.. '_. '_ .. . ..._ . ' '_ ,. .. <br /> ' _-.<,t... ...__. "'_'"'_.._. _.�....._�_ __..._ . ..�...___.._.... .__�..... .. .."" "'"' S ` " �' _. . <br /> f <br /> q�-/��3�� _:. -: 4 � =_ <br /> - COVENANTS ��� ' ` ,. - <br /> 1.Pay�ents.BonoJrer agr�e�tn make�11�ayments on tRe secured debt when due.Unless Borrowe�and Lender agr�otherw�se,any payments � . �� <br /> Lender recewes-hom Borrower or tqr�orronrers henef�t wdl be app��ed hrst[o any amounis Borrower owes on the secureci debt exciusrve of mieresc or �- � � - <br /> pnnc:pal.second io�nterest.and.then t0 ponc�pal. It part�ai prepayment of the sea:red debt occurs for any reason,�t w�u not reduce or excuse any : -� ' ,"r.` <br /> sCheduled payment unUl the seCUretl debt�s pa�tl m tull. ,, , . ;t��� <br /> 2 Cta[ms Qgainst T�fle.Borrower w�ll pay all taxes.assessments.and oYher charges attnbutable to the propeRy when tlue and wdl defend ntla to the `� . �c <br /> property agamst any tla�ms which would impair the ben of ihis deed ot trust.Lender may�eqwre Borrower to assign any rights.Gaims or defenses ,_ , <br /> which 9orcower may have against parbes who suppiy lahor or matenals to improve or ma�ntain the property. _ <br /> � ` " . <br /> 3.Insurence.Borrower w��l keep the p�operty msured under terms acceptable to Lender at Borrower s expense and for Lendars bene5t.All��surance , ; � , <br /> podGes shall�nGutle a standard mortgage Gause m favor of Lendec Lender vnll be named as�oss payee or as the��sured on any such msurance � . <br /> pohcy.Rny msurance proceeds may be apphed.w�thm Lenders d�screnon,to e�ther the restoration or repa�r o'the damaged property or to the secured — <br /> • debt.If Lender requires mortgage msurance.Borrower agrees ta ma�ntam such�nsurance for as long as Lender reqwres , , <br /> � <br /> 4.Property.Borrower wdl keep the property�n good cond�UOn and make all repairs reasonably necessary. • � ' ' _ <br /> 5.Expenses.Borrower agrees to pay a11 Lender's expenses.mGudmg reasonable attomeys fees.�f BoROV�er breaks any covenank in this deed ot trust ,. � <br /> or in any obligation sewred by this deed of trust.Bo�rower wdl pay these amounts to Lender as prowded in Covenant 9 of ih�s deed ot trust. � <br /> E <br /> 6.P�lor SeeuHty Interests.Unless Bortower first obtains Lentler's wntten consent.Borcower vnll not make or pertnd any changes ro any pnor secunry � '.. ;.j_ <br /> �nterests BoRnwer vnil oertortn all ot Bonowers obdgarons under any pnor mortgage.deed of uust or othe:secunty agreement.includmg Borrowers - _ <br /> •�� covenants to make payments when due. � ' <br /> 7.Assignment of Rents and Proiits.Borrower ass�yr�;to Lender the rents aad p�ofRS ot th2 prap:�;. Unless Hn.�or:er and Lender have agreed <br /> , �� otherw�se m wnt�ng.Barrower may coliect ar.d reta�n the rents as�ong as Borrower is not m detault.If 8ortower defaults.Lender.Lender's agent.or a �t� <br /> court appointfld recerver may take possess�on and manag&the property and collect the rertts.Arry reMS Lender coNects shall he appIied first to tRe . ' ': _; <br /> i costs of managing the property.mcludmg court costs and attomeys'fees.commissions to rental agents.and any other ner,essary related expenses•The •.��_<,--_- <br />
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