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<br /> ., . oaner of the property. (D)a transter inta an inter vivos trust in which¢he Borrowet is ettd remains e beneticiary and F � . �
<br /> • which does not relau to e tros�sfer ot rights of occupancy in the property.or(i)anY atAer tronsPer or dis�sitian k ,
<br /> ' described in nguladons presctibed by the Federal Home Loan Hank Hoard.Aonoaer et►all ceusa to be submitted � ;
<br /> � intormaaon reqtsired by Lender to�valuato the tran..�eree as if a new loan were being made to the transieres.�3orro�ver
<br /> ' , aill caatinue to 1�obligated under the 1�ote snd this Ueetl o!Tt�st un1�s Leitder reIeases Borrower ia writing. � ,
<br /> ' Ii.l.ender does not egee to such sate or trnnsfer.Lender may de�lare all oi 4he sums secured bY thi$D�d of Ttast to .
<br /> � ' �SS iramediately due aad payable. Jt Lender eaercise.s sush option to accelerate. Lendet shali mail Borrower aotice of }
<br /> � . anxlstation in accordanr.e aith paragraph 12 hereaf.Such nouce shall provide a periad ot not less than 30 days[rom the {�:, � .
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<br /> datr.the aotice is mailed or delivered within which Borrowec may pay the sums declated due.H Borrnwer taits to pay -
<br /> sucb sums psiar to the espiratioa oi such period.Lender may.without further nouce or demand on Borra�ver. iuvoke � �
<br /> any remedies pennitted by P�&gPh 17 hereof. � ' ,
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<br /> " - NQ�4 UNIFORM COVBNANTS.Horrower and Lender further oovenaat aad agee as follow� . . .
<br />• t9. Acceleratioa: Remedies. Eacept as provided ia pnragraph t6 hereoi, or as otherwise reqnired by law.
<br />_ ' npon Borrower's breach oq any covenani os agreement ot Bonovrer in this Deed of Tsnst. iacluding � : .
<br /> • �onower's iaitnn to pay, by tbe ead of tea(1�)calendar daYs aftes the date they are dae.any snms secured . ,
<br /> _ by this Deed of Trnst.Lender prior to acceleratann shall give notice to Borrawer as ptovided ia paragrsph 12 .
<br /> � hereof SpQCityin�(1)the bresch;(2)the actioa reqnirEd to core sach breach; (3)a date.not less than 20 daYs
<br /> frorn the date the aotice is m��ited to Borrower, bq which such breach must be cured;ead (4)th�t failore to • . . -
<br />" � cure snch breach on or before the date specitied in the notice may result in acceleratioa of the soms secured ' - .
<br /> :�r^. by this Deed of Trnst and sale of th.��?operty. "I'he notice shall fosther inform Borrowe�r off the right to � - .,'`
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<br /> .�':'',''; ae=�4e after aoceleration aad the si�E to bria8 coQrt action to assert ttte nonesistence of a�detault or any '� °' .,�
<br /> ��,� ' an or before t*�da+.e speciiied � . = .
<br /> „`'` ;.�;< •;• •�t�`; �rt��fense of Borro�seF to acceleta4ioa and sate. If the breach is not cored : _ . ,-•.
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<br /> . .;7..,' , in ti�e notio�. Lender, a��3er's o tion, may �are all a#t�e sams secured by this Dee��"�aast to b� ;„+ y', � :+tc
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<br /> ; ,,;.h:E:'s.,, i m mediatel y d�¢�d ga�svie �sithout iarther �xaand a�� �sp invvke the power of sate aad eny ot$ec � i ttAS.. {f!F/j..
<br /> �,� b a Lcable law. L�eader�aail 6e�ntit�t�co llect a l l costs a�d es p e a s e s i n c a a e d s� k � '�;'%.: >�, e��i�
<br /> , ; � ,t° :�: remedies perm�s:� Y PP � r lacable law. ; `�� � `�r�jc�'` .
<br /> . �ts`�i, pussoin g tlte rmTSedies g r oeided in this paragraph 17 to the estr,�...permitted by app ' .:
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<br /> �,v.:`•'��;` 'f•;';:: if Lender invokes the��rer of sa1e, Lender ar Truatce shaI l mai l copies o f a ao tice o f s a l e i a t h e z n a n n e r :;,;.r• t�;e:��_
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<br /> `�?"'�';�;;.,: ,�t�1nG�. prescsibed by applicable Iaer to Borrower an d t o t c F t e o t h e r p s r s o n s p r e s c r i b e d b 9 a p p li c e b t e l aw.Trostee smaU ',� ,�;,`"�:�:. �,`,���t��^i
<br /> i, �� `''� �• '';<,�?;` give notice of saie bp poblic adverti:�nnent$a�s g[te time a.��in the manner pr�rflbed by $��iicable lew.
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<br /> ..,;,,.. �,,, 5.. Trosiee.withce�*demaad oa Horrar�rc�,�Y szL�t�te Propesc�rat public suction t��z est bi�der for c� ,�,., ;'VT.__
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<br /> :�..,;;;...:•..�,�.r�•.,,; ;at ttt�time aad lace sad uader ths r�s�esi��in the motice oi sale in one c�a aas�parce�.s and in scu� {..:.._
<br /> ` , :::�:::.•. p ne sate of all ot aae rsssrceL�r3�g'rv����y�� ` S�'
<br /> . � rs . arder as Trus4ec ffiay de4escaint.Ttusiee mny g��,sc� _ `
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<br /> � '"�''� �time on the same date by� public anaouncemeat at the time aad ptacr mE a�c S��fl�slp �.�u1ed sale. � �t:
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<br /> �', ��+.:�,��;i,f .. . Leader or Lender's designee�nay purchase the Propesty at any sale. ..
<br /> ��'`:-. Trnstee shaU deliver to the purchaser Trustee s deed coaveyiag the Propert9 so sm�d without aay covenaat �� ��s;,;,,-;�;
<br />=�'r = or warranty. espressed or implied. The recitals in the Trustee's deed sho11 be priraa tacie evideace of tlte , . � � �•`.:.�r;�=
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<br /> � � truth of the statements made therein.Trustee shall agply the proceeds of the sale in the toUowiag order: (a) :;y 3_�:
<br /> � to all reasonable costs and espeases of th�sale. iacluding, but not li�ited to. seasonable Tsustee's fees aad � ,, t;�,�,
<br /> �� s4torneqs'fees aad costs of title evidence: (b)to all sums s�cn:ed by this Deed oi'd'rust: aad(c)the excess.if .: � ,�.___
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<br /> ._ , any.to the persoa ot persons legally entitled tsereto. � , .�.:,:y:
<br /> 18.Borro�ves's Rtght to Reiastete. Notwithstanding I.ender's acceleration of the sums secured by this Deed of
<br /> , � � Truat due to Barrower's breach,Boaower shall h�ve the right w have aay proceedin�begun bq Leader w eniorce this . . .;=-
<br /> �' Deed of Tsusc disaontinue8 at aay tima prior to the earlier to occut of(i)the�fth day before the sale of the Propetty . •. � '��..' .
<br /> ' . putsnaat to the power of sale contaiaed in this Deed ot Trust or(ii)entry of a judgment enfforciAg tlna Deed of Trust if: � -
<br /> � '�` (a)Bonower pays Lender eU soma which would be then due under this Deed oi Trust and the Nois had no acceleration .- _.-;;��:
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<br /> - . � � occunal: (b) Bostower cures all breach�04 any other covenaats or agreements of Borrower conisined in thia Deed of . ��:.'
<br /> r ' 1 Trus� (c) Borrower pays all reasonabte eapenses incun+ad by Leader aad Tr�stee in en4orcing the coveaants sud �;�� ..
<br /> . . � agceements o4 Borrower contained ia this Deed oi Tcv.st.and in enforcing Lei�:des's aad Trustee's remedies as pmvided ,.r::;;..:. ,.::�;',:;'
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<br /> . ��, in paragcaph 17 hereof,iacluding,but not limited w,reasanable attornays fees:v the estent permitted by applicable law; `r. . �. '
<br /> . and (d) Borrower takes such action as Lender may reasonably r�gvire to a�ure that the lien o4 this Deed of Truat. }�,?,�_;
<br /> ° � Lender's interest iu the Property and Horrower's obligation to pap ttte snms secvred by this Deed of Trast shall continue . _ ti'r'
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<br /> - unimpaited. Upon sucA payment and cusa by Borrocver.this Deed of Ttust and the ubizgations seeused hereby shall . :�'S',`t',
<br />:�r� � � remain ia fuU foroo and effect as if ao acceleration had occun�ed. `'.� .
<br />_ . � � '; 19.Assignment ot Rents; Appointment oi Receiver; Lcnder in Fas�essaon. As additional security hereunder, ,,,�+ ,':
<br />-:'.� � � �� Botrower Hereby assigns w Lender the reats oi the Property.Pro�ided that Borrower shal}..Prior to avceleration tmd�.�r ,;,�,;,.�,.,
<br /> �;.,: .:� P��Ph 17 hereoi or abaudonment of the Property,have the ri�ht w collect and retain svch rents as thay become df� ..:• ;�„�:
<br /> and payable. 't:;.
<br /> ��" � � � Upoa acxeleration undet paragraphY 17 hereaf or abandoament of the Propetty, Leader, in person, by agent or by ;�;. . �
<br /> L'` . :d judicially appointed receiver.shall be entitled to enter upon,take po�ion of and maaage the Property end to collect f,..
<br /> :`'; � the rents of the Property including those past due. All rents oollectod by Lendet or the receivet shall be applied rrst to
<br /> payment of the costs of managertient of the Property and collection of tents.includin�,b,rt not limited to.receiver's
<br /> '�.!,' • . . � fe�.Premiuma on receiver's bonds aad reasonable attorneys'fees,and then w tha svms secured by ttis Deed o4 Tn�st. , . � ;
<br /> ': Lender and the reoeiver sha11 be liable to aocount only iot thos�renss actually t�eceived. ,.
<br /> ""'' � 2i1.Retease.Upoa papment of all sums secured by this Deed of Trt�st,and���of Trust secures a Revolving
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<br />- � - , Loan Agreement,Borrower requests Lender to release this Deed oi Trust. Lender shall cause this Deed of Trust to be I
<br />_���, �� released without charge to Borrower.BorroNer shall gay all costs of recordation.if any.
<br /> '' , � 21.Substitute Trustee. Lender, at l.ender's option, may from time to time appoint a successor tnistee to any .
<br />_ � . • � ! Tnistee appointed hereunder by an instrument tecordod in the county in which this Dced oi Trust is recorded.�'Vithout . �
<br /> �``�1 . . � conveyance of the Pm p e r t y, the sis�r tnistee shall succeed to all the title. paaer and duties confetred upon the ,
<br /> � Trustee herein and by applicable 1aN. `
<br /> . �• ��,� 2�.Request for Niotices. Borrocver requests that copies of the notice of default and notice of sale be sent to
<br /> ��`.. '� Borrower's address which is the Property Address. .
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<br /> .�!�_ � oo-aaee ooca o+T�w+r� Oa�G�wA� I��Q.��1l3.1������ `�� ������� � r�oo�szs .
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