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<br /> - :.,,�.,�;y� , 11. Succawr� and M�Ipi 8ound.Jolnt�nd Sevcr�l I,I�bllity; co-,i��� 'I'Mf coYoannt�uwl �gramenta F,,, ;_
<br /> r:.,y. hereln contained etwll trind,and the righte hereunder sheU inun to, t�a reapectivo sucxxASOr�end�signR of I.ender end p•--N
<br /> Horrower,wbject to the providone of pdngraph 161ureof. All cavonnnta and�greementtt of aanrower shall be joint and
<br /> `'.: �evera(. Aqy Borrower wta casl8ns tk�ir Uxd of Tn�at.but doea not execute the Note. (�)ir casigaing thl�Dad af Trust _
<br /> =:��'�i.; �� pnty to�t aad oom�ey th�t Horrowor'r iateren la tho Prope�tY to T�uatee under tho temu+of�i�1�oed of Trun�N)i�not --
<br /> penonally ll�blo on the Notc or untkt thla Deed of Trust�and(c)�groe�lhat Lenda�+�nd u�y et6ar�rroNVet heceunder nuY _
<br />_�;y�-�1 �rOe W extend,awdlty.forboAr.ar mako atry other�oriu�tiodatioru with regard tr ikt�tcrm�of th3s Dea1 of Tnut or lhe �'_
<br />--`�..�•`- Not�, wttt�out tLat Horrowcn conaent and witlaut alcuing Uu�t Horrowcr or moditylag this Deod of Tnut as to th�t _
<br />-� Horro�vera intarest ln the Property f--
<br /> - , �.�� 12. Notice. E.Ktept for any notioc requlred undcr applic�ble law to ba$ivea in u�oU�er manner.(w) aN'�a to
<br /> SormvMer Pmvidod fur ia tbla L)eed ot Tnut chall bo�ivon by dcliverias Bormt�►rer mny dcsi�nnta by nodoe to�Lender�s _.
<br /> ,:t4�,� addre�od co Bomower at the PropertY Ad�dress or ac sush al►cr eddress
<br /> . :t:�•,
<br /> _,�� : pmvided hcrein,and(b)an3'ndla w Lendar ahnll ba givcn hy certi�fud mail to Lencl�or'� adibr,ea stated ha+eln or w such _
<br /> a�'•�p�, cther�r:ss�s Lsra:s�ay�!ecignata bv not3rx tu Aorrower as Provided�ercin. A�oy wNf�:e p[�o�dd�cd in thit D�od of Trust =-
<br /> shnli bo doemed to hava ban givcn to Borrowcr or Lcndcr whcn given in thc mnnnrtr deeignnted t►c�n.
<br /> ��r�,�� rd� Iatw•SevernWlity. The state and local laws applicabla tr�tbis Dood of Tzust sh�U be tho lYw4 of
<br /> :.::;�:+,
<br />=�_wtyy
<br /> -°,'� � the jurls�ir.l3:on in whic tha�'ropetty is lacated. The foregoir►B sentCnoe chtillt�t lieult the�pplic�bility of Fadernl law to
<br /> c
<br />�r'��`'ry.� '. tLis Doed af'Trnst. In tha event tbat aa�r provision or claose of this Deed of Tcust or tt�c Nde aanflicts with app8abl:lar.
<br /> � such can.`.':.:t s1mU not affect ot�xsr provisioas of tbia lkefl of'i�ust or the Notr: wlilch csn be givea e�'ocx wittiout tUo
<br /> .s;g.�„' _ _
<br />'��ri� coaflictin8 Pravision,and w this end thc provis+ons a�E4J�.is Dced of Tiust and tha I�De�:rue declarod to be sererable. As usod
<br /> haein,"co�ts".•expea�s"�"��,f0��i�acArr�all sume to the w�tant aat��6ibiud by aPPUcable 1�nv or limitod
<br />;",�,� herein.
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<br /> - 14. Borrower'�Copy. ��'�s�l����a CQA�'�00�of the Note aaL taf this Doed of Tntist at the
<br /> .;'�..,�
<br />-�",�: dmo of exewdoa or aft,er recordatioa hec+eof.
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<br /> --`�� 13. Re�abiiitatioa I�o+u� �►ireemee� Borrowcr sbt�!!:t failfiU all of Borrowe�s obH�atio�s under anry 6ome
<br /> - -�`� ���. ,mrKau�mant,reqafr.�r dbcr loaa agca.�nent which�orrower enter:into wlth I,ende:. I.a�der�at J.eada's
<br /> -- - rt�s�sf.:._�..'�.�--� - •of:sr rf '•
<br /> ---__— optio4�Y�n�'�tio cx�Ae au�d deliver W Lende�r,�fo�lya�u�k��t�or eetvia3 poanodiae wiW
<br /> -- clainu or ddeoses wLfc�Bocx�aw�a'�;c have a�st Pa�
<br /> Ynnpc�oveu�tts made to ibe��Y•
<br /> ���•�;•� lf. 1'rander d the Ps�pcat�-mr a Heaetictal interat in Borrower. If ill or u+4r put of the Pcoper►y or nzry' -
<br /> -- -- intaat in iR i�eold a tr.anaferred(ac�'a bendeial interat in}3omorver is sold oc transfeered ai►d&►�in i�i�ll of�s
<br /> _=� pason)without I.endc�s�rsor written oonsent,� ehaU not�be exrercL9ed by Lendcr if eac,rn�ise�hibitod by faderal law
<br /> ---=== eocurod bY thi�Lyood ofTtvst. Hotivever,thiA option. e
<br /> ___ a�of tlte dtte of tUia Dood of Ttust.
<br /> If Laider exerdseo tltis uptina, Uender shall glve Borrower notia of aocelaatlou. Tta notioe ah�li p'avlde a
<br /> puiod ot'not kse tLan 30 days fmar thc dat,a ttto notia is delivcrod or mailod wifthin wlikh HorrowCr��irnoke
<br /> �ewred bY thts Deod of����r��°aut fi�rtber notioe or�demand oa Boirovvecaf this period,
<br /> aay reanedies permiued by
<br /> NON-iJN1FORM COYENANfS. Iiorrovrer and Lenda fuorthec ovve 16 6ereof�iipw f$oremver'� breach d�ny
<br /> — 17. Accekratbn;R�emcdFin. Ezapt a provided i�r puxfr�l►
<br /> -- � cm�asaat or a�reea�cnt af�oreower�a thb Dad ot 1t��t•i�cl�i��Borrawer'a t�ilare to pu��by tYc ad d ter(10)
<br /> -- -- c�lp�dar da�n st�ar�tLa da�e tYey are due,uy wimi�cured by tii�Deea d Tnq�t,Lerder prbr to�occkratbo�Mall
<br /> ----— �ve rotke to Bon�oM►sr a�pcovided ia pirsir�PY 1Z rerod rpecit9in�:(1)!6t Ibrac��(2)tbe�tio�e+e�lred to toie
<br />-��.;�� wch��(3)a date,noe ku ttar 30 d�ri trom tYe date th�a�tia ia�oailed to llore+nwer�by eiscr�bra�ch
<br /> —`''°= wt k nsired4 a�d(4)that f�fhre to cnre w�c6 breach o�or 6dire tLe date q�Hkd ia tlie satioe r�Ry rs�ak in
<br /> .--- aeederatlor ot tYe wuu�red 6y t6is Dad ot Tn�d�d sak et tde Ptopert�'. Tk uotke alull hrt�er hfotw�
<br /> �, Bon+ower ot the ri=6t W rd�tate�iter accderatioa�d tbe ri=Yt to bri��a corrt actie�to u�ert tbz�o�i�teace
<br /> '"�'� ot a defaok or uy otYer dder�e af Borr+o+rer t�accekraHor and ak. V tl�e 6reacY ia aot arrd ma or betore tYe
<br /> -°_�� date rpecifkd i�the rotioe.Lerder,at Leader'�opNa,�sJ'declat+e all of t�e w�s�red br tLif Deed at Tnut to
<br /> -°`.��-� be iiur�edlatd7 doe ard parabk w�itYort tartYer demmd a!i ma�isvoke tLe power of s�1e�sd fu�y olYer rcmedia
<br />_��::• incurred i�pundK tLe
<br /> ,�,,.�,�tr ,, perr�itted br aPplkabk law. Lender�L�ll be entitkd to cv�kct aU �law.�
<br /> �L
<br />^-`:.;,µ;�,�`, r+aredia Provided ia tYi�par�P'apr 19 to tYe erteat permitted 67�PP�k
<br /> ."�;'�.,] I!Lerder irvoka tre power ot s�le.Le�der or Traria s1�N ma�d copk� af�rotke of wie V Ue s�cr
<br />-,=- � 1�:�. liw. Triutce Iluill�e
<br /> ;::�: ,?r;�`•'"..: pracribed by applkabk Izw to Borrower ud to tie ottier per�oe�Prefcn'bed b7 ayplic�ble
<br /> ::�. � litabk law. 'IY�stce,ait�wt
<br />- ����:�:;;;`_ ` �oNte af�le 6r pnbik adverd�t tor the tir�e ud i�t�e wa�oer pracribed b��IP
<br /> ' oNt
<br /> ';` :,'.''�`. ` dea�ard o�Borrawer��6aU�ell the Property at prblic a�ctiM to tse bi�Mat Wd�er fir catY at tre Nr�e�urd Wee
<br />•`.•'�`>._ . ud wder tYe ter�dedpated ts the eotice of uk t� o�e or r�ore pareeb u�i� �cY order ai Trurtee�ay
<br /> =�_-�' �.. T....�.�..,�m.tnore We of all or ao7 Pa�d o(t�e Mft*t7'W�s7later Wae o�tie w�e date br
<br />_`��-r: � ' publk a�sna�eame�t�t the tir�e �nd pl�ce a(my pnviow�ly�cYed�kd �a1e. i.e�6er or i.eaoer'i ou�pa�:,i
<br /> .._��.�.. prrchue tle Properh'
<br /> at�y ralc.
<br /> TwKa�hall ddiver to tbe purchaer T�rtee'�deed ca��eyhf t►e Propert�'�o�old attiort�r covesnt or
<br /> ,. h
<br /> � : . . warraety.aPre�ed or tmplied. The recit�l�In t6e Trtiita's deed�Yall be prir�a tscie cvideaea o�He trnti ot tl�e
<br /> �tatea�eab nade tLereia. Trastee�hdl �pply tbe proceed�o(tLe�ale la the follo�ria�order. (�) W alI ca�U a�d
<br />� �=peue�eur+�vie�tk power ot rak Red a�t6e�ale,inclndiu�Trnsta'�fea sot ezceedb�S'X.of t1e oWtdudlrf
<br /> r-� ` prieciptl bdsdce�ad attorneyy'fea�ud cads of titk eviderce;(�)W dl�ueu Kn.red 6y tW Deed af T�vrt:ud(c)
<br /> . ,� ,�.. - to the pa�t ot jwJwr T�vrt dad�, mort��th or ot6er liensoldent,�nd(d)tl�e e:ce�,it uy� to ths penos or
<br />_ � t• • p�noos{e�11y eatitled thereta
<br /> � Eorm M739 NL (10/96j P�gC�of S
<br />= I
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