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<br />-, ,,,�,'� �. s�� 1„O�1��1� �oo4eo 05/30/1997
<br /> , � ., •OPILIA AVILA
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<br /> . • !.CQnd�t�aat,io�.Ttta pcoceed�of wy RwArA or clum for d�au�a.dlca�a cowe9uenct�J�in coouecdonarc he by ��-
<br /> �fll�mnnQir,� �r ather taking of thc Property, ar puc thenof, or foi cortvr.y�u:�ce in lieu of condemnuion, -_
<br /> � assi8r�ed.add Rhnli be ptid co L,eadec. subjxt ta tUn tcrms of tny mort��ge.dad uf tnut or otber cecurlty�reewcnt wfth a �` -
<br /> • lien which 6as gdoriey over thls Dad af T�nut. a;-
<br /> - 10. Hurrower Not Belestedi Forbe�r�non gY Le�d�' Not � Wd�er. Extendan af the time for paytaeat or
<br /> ' rnodi8c�tiun af�mocdzRdon of the sume secured Uy d�ie Dad of Tnut �nntad �y Lender to�ny s�+cccswr In intenst af •
<br /> no f
<br />^ " 8orcewsr s6alIl noc c�erate co relase. in anY�ner. �ha liAbility of thc od�inrsl Barrower wd Bormwet't acceasors ia _..
<br /> inta;�st. Lend,c:r,halt nat tre req�red to commence pmceedings ag�inst such RucU�or or refWe to oxtend dtne for paymeat �:.-
<br /> ,r.�. �' oi o�6e[vrjDe u2ocllfY atuiOCtlxJldoo of d1C Bum9 HCCUiDd by lhie Dled of T[ust by t�ta1o11 of Wy ditl1tlld QYde by We odgizttl =-
<br /> �' �'�'���' B�mowar�ncl Harcower's successors In lnterest. Any fofisanace by Lenler in reaeccts�t� �ny dsht or remedy bereunder. _.-
<br /> ,,��� or otberwiae af6ordcd by�PPlicable law,s1W1 aot Ix a w�ivcr of or prectudc the�.aecci�e of tay a�ch d�ht ot rcauedY��in �'�
<br /> 11.Succes�ors�ad A�1�o�Howd4 Jolat pnA Se�eral Llabilk9i Co-N�. Tho covenarx�and�reemeflu �
<br /> �` COAq1�llCd SIIAZfl bl�d.ud tbe�Igbu hereunder sU�ll lm�n to.the respative surcc�s�m��ad attl�m aP Lenckr wd Bocrower.
<br /> �;�--
<br /> . suDJest cfl tflc pmvisiona of piragrsp3� 16 Len�f, All covewnts and a�ceemrnte of Aotrowror �hsll be Joint aad revenl. c
<br /> 'L Any Borrower who casi�ns thjs Doed of Tcust,tmt does not exxute tbe Nota,�a)i�ca�sntn�tW�Dad of Trust only to
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<br /> • �; giaat aadd coavoy thac Bocrower's intecese in tho Prnpe�cy co Tcustee tBu d.cader�nd�ny other Han+ovler tre,reiwder
<br /> •' peisuonlb j liubl�s on the Notc or under thie Deed of Tnut.tnd(c)+�cees
<br />-. �Y�c�e W exmmd.wodify.focbear.or m�ko rwy otUer�ccomandulona wit�me�ud to t6e tertw of thie Dad af Tn�at or
<br />--- . the Nute.wichout that Bormwer's conseat wd wld�ouc nleasin�ttut Hocmwec or modityiry{tt�Aeed of Ttust as ta th�t
<br />?�;�;:;` ' �orrawar's intetest in the Pro�erty.
<br /> - • ' 1�. N�ce.Ts�c�gt for onp natice requirctl undec�pUcsble hw to be qiven in�ncKbes mumer� (c�)mY �otice ro
<br />�-�,._. . ..... Borsower provided fnr in this Deod of Tzust e�ll be�tven by dellvecin� it�r by mrllln/wich notice by cerd�ed mail
<br />_• atW�.�ro Borrower u the PropertY Addre.cs ar at such other�dclress ns Boernvea m�y de�nWe bY oodee to l.ender as
<br />���_. :, ,, ;{: gmvided hcrein,u�d @)anY nodce to Leuder st�all be glven by cenified mafI to Leader'e ddres�s�tatsd beceln or w svch
<br />--:r i �-� ''f: • other�dd►�eag�s Le�er msy desiputte by nodce ro Bocrower ag pmvida!de�ein.Aay nodce provided for in dils Deal of
<br /> �;.;{n;;, Tnu►t s6a11 be dcemed t4luve ban given w Donrower or Lender whea given in tbn n�noer desi�nu�od 6erefw.
<br />-`��r.;?',- : 13.Go�erd�u►wi Se�n�M1itJ'.The state and local laws spplicabie w tbis Dad of Ttu�tt�ll be the lawg af the
<br />; `:•�c��' is located. 1Le foregoin�sentese shxll nrat limtt tLe applicabUity of Fedenl ltw w Wls
<br /> .R.„.y�;:,.} jiuycdicdon ia whfch the PropertY
<br />��,_:.�; Deed of Tcust. In th�e event tt�t a�my provlsion ar clause of this Dced of Ti�t or t6e Note conflicte wlth appltcable law.
<br />=�`::��-`•%'-r . such con8ict etull not�ffxt other pmvisionv of thie D�xd of Ttust or the Nde which c�a be�ivw et�ect witbout tbe
<br />_-�;"tit=:. ;
<br />�%�y��.: canS[cdua pmvlston, a�to this e�the pmvislons of this Dad of Tn�st and the Note an dxlired to t�e sevetable.
<br /> � .*.,�� and auomeye fces �nclude al1 sums to t9e exteat mt prohiblted by applicsble Isw or
<br /> -,� as�:�ls�::'s�. �i.. . ---r---
<br />�.,o�,f�pnct.
<br />'-"°�`���.,'�,y� ���n�' , of the Nae aad of thia Deed oi Tc�st u the
<br />�*-�-r�-...,,, 1�.Borrower�Copy. Aonmwrs slull be fl�rniehal a conformed coPy
<br />_ �='�?}���`��_ tlim�e of exavtion or�Rer recorduiv!n hereof.
<br /> "°` 1S. R�elubifkatbn Lwa Ai�. Domoaec s6a11 fiilSll all oY Barower's obliptioa� under any 6ome
<br /> ��.� c+ehabilip�don,impsovement.rep�nr or otLer loul agx+eem�nt which Hormwcr enaers into wftb.l.euder. Lender. at Lender's
<br /> -- :��=,�_�� option, maY m�ui�a Horcnwer to eaecuu wd deliver to I.eada. in�foxm�cceptable to I.eader. an�ssi;nment of�ay
<br /> _--_:�-�.; ri�3tta, clalma or defeasea which Borrower msy 9�ave�+dnst p�ies wlw sapply Lbor.muecial:or secvlces ia wmectian
<br />�-:�*•�°'� wich impravemeats m�do w the Propect.y.
<br /> �T=v:�:�0'�: lf.Trander ot tbe Propat7 or a Bend'��4a1 L�tee�nt in Boerowar. Tf all or aay pact of tt�e PropertY or aay lnterest
<br />_- _'��� in it is aold or traaafeired (or if a beneficial i�ra.�r�st ia Borrower is xo1cY or u�tns�eired�ad Bocmvrer b not a natur�l
<br /> � --_-_ per3on)wlthout L.endtr's pdor writun conseac.L�c�a�fer mry. u its opdon,re9ufre immedlue P�Yme�in tWl of�ll sums
<br /> _---- yxuc+ai by dila Deed of Tcu:t.However.thie opdon shall not be exerciseci by Lender if exereiae i�pc�hibtcod by federal
<br />�.,.�:�.�:� law�s of tlse due of thfs Dced of Tn�t.
<br /> -- �-�r�:� If I.eiWer exercises this option,I.ender sl�all Bive Bocrower mdce o�iccelaation. The mtice s6�i1 provide t perlad
<br /> ;_�� of aot laa ttwn 30 dsys from the cLte the not[co is deltvered or miilat witliln wf�Ilch Basower aunst paY�ll auns sa.�usd
<br /> ___;.;� by ti�a Deed of Tn�st. If Bormwer fiils to pay�ese sums Prior to tbe ac�tndon of this period� I�der may imolce wy
<br /> t�enxdiea pern�taod by tbis Dad of Tcust without funher aodce or demAnd on Borrower.
<br /> - ---� NON-UrmrORM CovENAN'PS. Botrower And Lenda li�cth�r wvcw�at u�d�ra�s follows:
<br /> ------=- - 17. Aoodawtlon3 R�Id. Exoept �s pro�ided in p�r�p'apD li bt+�eot� upos Bo�'o�a�s be+a�eh o� an7
<br /> - coreoadt or�P'ewax o�BamHa'in tbir Aeed ot Tnrt, inelucWai Doa'ro��*��hli�e to py b7 tLe e�d ol 10
<br /> ._�---.== c�la�r dys�ttia'tbr!' are d���euma eeeu�red 6�tide Dea1 at TnMt�Lender P�ior to�ooda�tjon�hAll d•e
<br /> - - nAtice W Borr�owet a�prodded tn p�ra�tph 1Z hereo[eped[lta�: (1)tde b�c+acb: (2) tbe aetion ra�ut�cal to a�re
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