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<br /> � lO. ��II1314�031 L08D �• BO!lCWCt 664u Nl�t� eIl Ot SOIfOWEL'S OtfllgStlOnS 1tt1dCI �dCf, 8t `��
<br /> ,`�,�7:;s ` ti or othEr taaa a�ahidi Bormwes wtess inw wi�h Ix�r•
<br /> �:•:.�:: �- t�habilisatioa, impmvement. tep�r ��;
<br /> ;�:ti';t:•:�;-'.: '• i,�d c r's o t ton,t n a Y t e q u�s e Botrower W ex�e�dtlivet w lreader.in a fotm accePtable to Ixnder.o�$n� :'1t,.'.
<br /> '°�_';:�;•.= -; P have PaNes who suppSy l e h mr,m a t e r i a 1 s .;'`:,,'
<br />� ���;,5't t� of aqy rights,claims or def�asea�vhtch�or�ower naaY � .
<br /> ��� f CO�OD VYIIh Ifll����B t0 tL6�Y• .�;
<br /> :� OP a B�P.nC1fl�IflZCYESt�D�OYs�iil�r�� 'fl'�' I��Ot 8II}►Qillt O�thC PlOQ01lY s "`:
<br /> 15. 'PrBnSfa OY t110 PlOperi9 !r
<br />'"���� or any i n t e r e s t i n i t i a s o k t o r u a n s f e r r e d(or if a b�eft61a1 inte�est in Honower is sold or uaosfened�d Bonower is c
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<br /> t =�. �`" not a natural gersan)withous l�ea�er'S p�or wrtuea con�ent,Leaaer mBY.az L e n der's op t i o n.f o r a t►y r e a s o n.d e c l a r e ;,"
<br /> ::`.:,.,�r:�" ,. this Deed of'Frust to be immediately due and payabie. However,tbLg optioa steall noi ba ��.
<br /> - aU the suma secated bY '-
<br /> eAemL�d by I,ender if esenise�S P��i�����"�of the date of this Doed of Tn�st. ;: o
<br /> `�r•�� `.;:� I€Y�ader esercises tAis aPtion,Lender ahatl gi�►e Rotrower notice of a�Q� 1�e notioe sLa11 provide a g�i�d
<br /> s :
<br /> ��; � x'" e€woc Ee�d�aa 3 0 8 ays f r o m t h e d a t e t h e a o�o e i a d e l ivere�nr mas�ed witHiaavIIich Horra�rrer mvsc gay au�ms�ed �;,:�_
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<br />�;:f•;-:�-ir::-_,�? .�� Dy r L i s II e e d o f T n r s t. I f�o n�o�w e r f a i l s t o p a y in ful�sh¢se s�uns prinr tQ thee eaFir�a�.of tS�is�e c�a d. �3► fu,,:-
<br />- ��;4`: imr�ke aaY m.s�eale�s Fer��by�Dced o��'tast v�it�out fv�ee aatfoe or d e m a�4 omi B m r ower i f;::_
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<br /> � ' � tion is uUowed.t6e ,
<br /> '� : . ,,,��= '�is{T�d of Tzust may not be assumed bl►a Fucr�aser wittlnut dte Le�rsf�"s�c�isent. ad�ti�ar�s as a�toriz�. ��;
<br /> 6�a"m�a Y�e an assUmpt�onfee aadtEquire theFer�or►ts}a�tt�L�tmpaY �..
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<br /> f . go�owes and I�ea�fE�td3er oovenazst and ag�ee as.�allOws: �
<br /> ; :�; „� H�2iM COVENAI��. ' ,
<br /> , `��� .:�Y . �ar ag�+ee�ent o!Ber[otser i�tNs� �"--
<br /> ; `•: � .�*-:-; : 16. Acxeleration.Re�tes. Upoa$on+a�'s breac�dan9 � . ��ter the Note s�bY� .;°`
<br /> .:,,:.v�.+J.. • ' . (if'�f11�jII�U�A��Ut��I�OD��Y�Lt#���;...._a� . -•
<br /> �: g�pC�t�8yIj2�181�8114tfhCSOlfl.4� � '�`.�`, '
<br /> '-� :•'. `�,'.r. �s ed i0�� ,. trivu$C the L�Dt^�.'�•_
<br /> .`,��;, ,:,:.. _:: �cd oY Trast. Lcnder.at Leader's opti � ���or nottce aud ma3f .
<br /> �; $p tlils Deed oY llrast to be immediatelY due ast�paY�'�?�'��
<br /> � ofsa[e;and anYother.rcffie�iteq penmittedDy appficabteRatv. PrtorOnrecordinS anY natioeoicYefat�It Lgnde'� ,
<br /> .. .', . rc ��n of Bartaw�u ';;:
<br /> give Borcower nottre of d�fat�lt as�qai�d bY iaw aad,tn the er�uk�+c�[a defanK g�9 ;
<br /> f . � Pailui�W m�ke e[egnire�P�a31tne�s IIormwet sLal!QAOe,�Pm����7��+have tw�t9(ZOI���'Bndt � ;;Lt .
<br /> � ` `' '`� �n'ti�e is givea W care sucb Befautt by 4ewYering tite��nt due a3 ti#a dbme oPthe tgader.w[tho�acCetera4tn�t,. i ,�y�r,�;,
<br /> �rs������` y� ��p vn dp���¢�. Af3�ir recordtn�a nofice of���1.cader sbaANbe��, t�to colle�tn sach�'�r �
<br /> y ����� `++�..*'i � ^"_a II8��C,iisw+u�7°.%�AJC4 Ol'�S AII��� ' �` f � �.
<br /> .:r4< . '.211'�1CI15� O��O1�BC10SUl8r �tltd�f:M{�;AOt��Ots l2ASU � , i.
<br /> � � �' ° dowmeatuy evideace.abstracts and titie a+e�ort�. : .: � . �' �,
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<br /> • If`tLe:power of sale is invoke�,Tcustee ahall s+enot+d a nflt�4�of default ta eas3��cab e law w Bomawer aad w ttto�o���..:;�,;;.,•`�`.�
<br /> ' is tocated and shaU ma�copies of sach nadce ia the sna�er Pres����T���ve pnbltc natic�,��sa1e ;��
<br /> ,;�r � as �Y aPP�cable law. After the time reqace�d bl►aPP �nt demand on Bosrower.st�all�e��e
<br /> !.;"��.�. `� ,.�, . �pe���ia the manner Prescxlbed by applic�Ik.'I�W.. .��+. inthe notice of sdIs � `.
<br /> `',`'� " � ' biddet at the rime mf�p�ace.atiduuder the tezms designated ���.�.
<br /> : :,, ..,:` :�: Pcop�rty at pub]ic auctloa to the highest one sate of all or a�►Y Farcel of the —
<br /> �`:�..::'':-��:':,�'���� ' ia�11e..0{more parcels and in a�►Y order Tmstee�;�roat�a:?�Y P�P
<br /> ` ,� .` �ra� schedulod B�e. Ix�der af its designee maY.
<br /> ��� ��Y bY Pubua aanouac�satettt at the time and plzae��.a�►Y'pr� lY
<br /> ,� �.a ' p��:�.�e�ty at,a�.sate. � . . _-
<br /> '� � ��� � �, _ .� : . � 1 the sa2e proceeds.first�to the oosts aad exPe�s.a��erctaing tT�e Fower of sale•and of the sale. . �!'..
<br /> . .?�ustee shal]a�p Y II t 1S�)of tDo grass sate pilce.
<br /> � = � : � �luding the DaYment of the Trustee's fres actually incw� ot to��fteen percen f of r uast deeds. � –
<br /> ..: �,;;.` .''" . t of the obll on�b!+ t�9'�ed of Tmst; third.w the Paymera Ia�°
<br /> .. :5econd. to paymea � eatided thereto.
<br /> ���',;� ,��'..�,.:; •�;�g,ages or other llenhotders�anA ttte balance.if aay,;t?�+tS�e gessoa o:peissons Iega11Y
<br /> . '.�'�: . �
<br /> � �� �� '.1y. Assfgam4al uf Rents:ADDo��t a!Receivcr. As additional sewrity heRUnder.B�anower hereby assigns to
<br /> � . �,;..'' vided tLat Barrawer shall.Prios to acceleratian�der Paz88�Ph 16 he�eof or
<br /> .. . Lender the reats af the Pmperty,Pm
<br /> � . . � i�q�nment ot the Pmgerty.have the right co coB�c and retain sncD tcats ag t�ey become dne and payable.
<br /> . .��.rpon acceter,�S'r,ia uader pmr�graPh 16 heleof or abanda�►t of the Propeny,Lender shaA isa entide0to 6ave a�iver
<br /> ? r r�gra ���u��e�of the�pe�►
<br /> � .';,'�, , ' ' . appointed by�:ncaw�t to enter uyon.tatae Pae�¢ssion of a�d 4�e��P�Y
<br /> ':'�,;1, � ''`j � , imdttding th�:iFest due. All t+ents colIes�i!1�Ifie reoet�?er��hali be a�pliretl tltst to pa.w�t.�.mc�a�v�s�b guds�d .
<br /> � ±. :�•`:;' �'' ' '�� a�die Fi+opertY and oollectian of rents.includiag,bor ura�:i�»uted to�aeiver s fees.p ���
<br /> F . aad then to the s�s�;t�t ti�s Deed of Tnist. 'Fhe�seiver.sI1�T,'tn�����e�� ,
<br /> �naable attomeys'fees. , ., . ' ; � _
<br /> • . f . onty for t8ase reats actually received. � - . � �ti:
<br /> .. ..+ �; �' ,
<br /> -� . I8. Lnaa Cttr�ea If the toan secated AY this D�d of'tri�st is saisJi�to a law wtucb seta ma�imum taau�arges. ,
<br /> .. � � . � anct tbat law is fmauy intecPreted su ttK ih.°intet�c er adsex taaa charge.a coller�d ar mbe colIected�s�naection viith
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<br /> . ;•.•�;';:.' tliee laaa esceed permitr�d limits.�then: (1)a�qr sur�a Yaau et�argc�s6aU be reducod by the amouni ffieessax3/to red�� _
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<br /> . • ;�,,� the�arge m t�e permitte�limft:and(2)anY sums alr�dy coll�ct�d fmm Bmrower whicl�exceedeA perimiu�d Wuits
<br /> . "':;st avill be refvnded to Borrower. _
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