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<br /> . . ..� .,iLa. ..... � n�,-.�.r.• ....F.;ti�t�'Nr�.t+hi�!r`,Fp�•',,.��: , .- � . ...-
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<br /> , li. Succeyeon �nd Au1Rn� Hou�dt Jolnt wd Ssvcr�l I.IMbliltyi Ca�l�ner�, 'fl►e covenam�nud nµrcenxnt�
<br /> �`�,'�;,'", herein oontainod shall bind,and tho dghte hcrcunder ehall inuro ta,tho rcRpectfvc turccsbon nncl a���Mn�nf Inlxkr Nnd
<br />-�.�,^. ,
<br /> Bomower, subject to tho prm+isions of paragrnph IG hercof. All covcnnnte and agroemcnt�nt fk�rrawcr�hxll ho,k►Ini�
<br /> several, pny Bor�owcr who co-signs this Da,d of Trust,dut doc�not cxcct�tc Iho Nota,(n)tt co•olnnlnK IIdM 17ccA af'I'n►�1
<br /> , • only to grant and oonvcy that Borrower's interest M thc PropeAy to Ttu�too undcr the term�ot Ihi�1)ood��t'1'nu�,lb)I�rNM Gi A
<br /> � gersonally 1inb1e on the Note or undce ttds Dad of Tn�st,and(c)ngreee thnt l.�ndcr a`"d�ny"W�f ti� �Qrm���'r�� � .
<br /> ,,::'..,: � �
<br /> ,;� agrce to extend,modiPy,torbear.or nwka any oQ►or eccam�nodation�with regur to �_
<br /> � � Notc, without that 9ocrowers consont and without relc�sing thnt &►rrowcr ar modifying thi� I)cnd nf'Pt'1111 NM 10 II/MI -_
<br /> ':!�,:���•+�""t" . Borrowers interest in tho Property. � .-.
<br /> �+,�:;.,�,�•,.�"G�� ` ,.
<br /> "�, � .
<br /> 12. Notica Exccpt for nny noticc roqufrcd u��dcr applicAble I�w�o bc givcn in��twthcr ttwnner,(nl auY nd��° �° ;}`V
<br /> �'�.:,.: � Borrowcr providod for in this Dccd of Ttust shull bc givon by delivcring it or by nu�iling�uch nMivo t►y ot„IIla1 nuel)
<br /> � : � addressed to Bonower at the Property Addr�ss o�il�cb othcr�n���il ta Lcnder Mddre��tbi►1od hcrcin or�a�uch ''.
<br /> -�'`�� � 4 provid�d herNn,and(b)anY noticc to Lendcr s B bS' »y
<br /> ,:�.�::�.'. .�, �
<br /> ';:' ,i: other oddress as Lcnder may dcsignatc by noticc to Borrowcr as provided hcrcln. Any ndlcc pcm�Wod in lhio lkad af'I'ruM L.
<br /> �'"�.; "�;•';l•.�� shall be damed to havc boen givcn to Borrowcr or l.cnder whcn givcn in the nu�nner ctcai�n�tcd herein -��__
<br /> ;:, ., ,,,,� -
<br /> , . �1
<br /> ' ' ` �'' �i• 13. Govcrni�g La�; Siwcr�tbiliry. Thc statc und local lnws npplicable to this Dca1 of Tn�st�Iwll bc iho IMwr of
<br /> .,�;'
<br /> . � t t i c j u r i s d i c t i o n i n w h i`h�t h�c��a ny provis on or laus�c oYghisnlDccd o T`rust or t he N o tc c o n f l i c s+i t h p p i�c+�b�o�V —
<br /> . '� t h i s D a d o f T r u s t. I n
<br /> ' '����1�� such conilict shall not at�'ect other provisio+si ns oi F thi s�Deod f of r Tcu s t nnd the Nate are declared go,be seve�i nbla`'A e utto0
<br /> " �'`'�'' '• conflicting provision,and to ihis cnd thc prov
<br /> � ��'���`'.���•" herein,"costs","expeTMUS"a�►d"attomeys'foes"include all suma to the extent not prohibitod by appUcable law or 8n►itod
<br /> � �' �� herein.
<br /> • '�'�`���``°" 14. Borrower'�Copy. Borrower shcll bc thrnishal a ooniornwd copy of the Note and of this Dad of Tru�1 ht tho
<br /> . .;: . :
<br />_.,:.,:.:
<br /> • time of executlon or aftcr recordation hereof.
<br />-,-,`� , '�;.�..;'�; `�•� 1S. Re6abilitation I,o�n Agt�eem�en� SorroN+er shall Nlfill all of Borrowcrs oblig�eUon� ander sny twma
<br /> ` -=;;.-rt,�'-� �= rehabitiia6on,t�zp;�v�mcr;,r.�sii,a�hrr I�an agr�eement which Borrower entero into with Lcnder. Lender,�t Lenck�'�
<br /> ���';�'::i��;f: : option,maY�q�n gotrower to execuu and deliver to Lender,in a form acceptable to Lender.an auignmeni oi s�►y�8:s�,
<br />-%r�'' ' ��� � � claima or defenses whicl�Barrower tn�y have Agalnst paRie9 who suPP�Y 1e�r, materiels ot servias in oonnoction wi�h
<br />��;,t.,�,:,;�;- ,; improvements n�de to the Property
<br /> t• �:,�,, ; of the Property ur anY
<br /> ,.., . � �.
<br />-• ' �'� ' 16. TrAnder ot the Property or a Beneticial [atereit fn Borro�rer. If all or any
<br />--•��:.• •• t�i_::...r � ,,,
<br />;!�,:;:�::,;;:�::.' ''�,, : intcrest in it is soiu ui G'a.isf�zrcd(ot if e b!'ncficinl imerr_at in Bormwer ia eotd or trat�s[errod tnd �'►rrowa�`�"a�tla�ms ----
<br />�v:�`.,.;;::�,;,�,� ' ` person)witlwut Lender's pdor wririen consent,l.cnder mey,tt ite option,roquico inunod�ato p�y
<br />_.�,,�,�;,�:r;:.,,;,� ��. seeur�d by this Doed of Ttust. Howcver,this option shall not bc exercisat by Lei►der if exerciie is prohibitod by federal Itw
<br />�<��?���;t,` ,��', ;� as of thc date of this Doed of Tcust.
<br />""` ' ''�`� If I.ender�xerciscs this opcion, Lcnder shall givc Borrowcr noticc of aoccleradon. The nodcc shall provide a
<br />�,;,:r,.;:,.:,�,,.. �ll sums
<br /> �"''=`i�' '� '' p�riod of not lcss than 30 days from tha datc thc noticc is delivered or mailod wlthin which Bormwcr mast psy
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<br />''��="?`:`,3,;,���� scctued by this Deed uf Tcust. If Borrowcr fails to pay ttuse sums Pdor to the expiradon of this pedod,I.�nder m�S'i �
<br /> �=='��-�:;;•:" ' any remodics pernritted by this Decd of Trust without ihrther noUcc or dcmand on Borrower.
<br /> - "�;�i-�<<t�..
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<br />=rt";s,�!.:;,;Y, � NON-UNIFORM COVENANTS. Borrowcr and Lender furthcr covenant and egra as f�orrower'�breach ot wy
<br /> - 17. Acceleratioa; Itemed�e�. E:cept u pro�ided in parn�ph 16 herea��upon
<br />"���:`��Ii';�: covenant or agreemeet of BorroNSr[n thi�Dad ot Trurt,includiag BorroNer'�idlure to p�y.by tbe end of ten (10)
<br />-�;�'i`'�`�`�``� c�lendar day�dter the date they are due.any�um�secured by thi�Dad ot Truq►�p�r p�r to�cccknt�on �Idl
<br /> ,�-:�:,r,,:at �
<br /> .:. u„� .
<br /> a, �.-. ,,.�_ :, ' give natice to Borro�er�s provided in par�graph 12 6ereof�pecifylag:(1)t6e breach;(2)tbe�etion req�lred to cYr+e
<br />- l`!'�"�'''�i � sach bre.ach;(3)a d�te,not lesr than 30 dRy�irom tbe date the ooHce b mdkd to Bonoaer,by whkh w�c�breic6
<br /> -:,�v►..,. .,,,.:; ;. �:
<br /> �:r���.._°�. �� mun be cured;�nd(4)t6at fdlure to cure wch bre�ch on or be4'ore the d�te epecitted(n the eotfce may rewM d
<br /> r�:yr'•, .•� i: :. Rccelerttion of t6e airt�secur�ed by t6i�Detd of T�vrt iu►d ule of t6e Property The notke �Ynll fartber Istond
<br /> ' '�' ' ` ��' Horrower ot the right to reinstate atter acceleratton and the ri�ht to bring�court�ction to u�ert t6e nontsl�tt�ce
<br /> _.. •i':�; -
<br /> oi A detault or�tny other deteose of Borro�er to�ccekr�tion�nd�ale. It t6e brcach I�not cured on or befor+e fhe
<br /> date epecitied ie the notice,Lender,at I,ender'�optfon,may declare dl ot the�um�recured by t61�Deed o�Trv�t to
<br /> � be Immediately due�ued payabk nia�,��l 6crentitkd tonco lcct all¢o�ti a d e:peme�incurred le punufn{6e _
<br /> permtned by applfc�ble It�v. Le
<br /> remediee provided ia t6ia paragrap617 to the e:tent permtttcd by spp��cable 1��. �''.
<br /> �'.�. �'",-
<br /> : ;q ' � It Lender invokcs the power of�ale,Lender or Tru�toc rha�1 m�il copies of 11 ble 1��Truttec�Mall�Ive , -
<br /> '�_�� pracrlbed by Applicable la�to Borro�cr nnd to the ot6cr perwn�prercrib�d by�pn �`��blc law. Trusta�w�lthout F.'.
<br /> � ? aotice of�ale by public Rdvertieemee►t for the dme and[n the e►anner pre�cribed by�pp
<br /> ,�,,•. } �� dem�nd on Borrowcr,ehall sell the Property�t public �uction to the 6ighe�t bldder for ca�h at the tlm�o�nd pl�ce
<br /> � 4 and under the terme dealgnated fn the notice of eale In one or more p�treeb �nd (n wch Arder �� Truaee�aaY
<br /> ___..�.._..�...r vu�*...�n■rc�l ot the ProucrtY to Mny Iatcr t ime on t he ��tme d�te b y
<br /> -- - � - UltEl7lliRC. irvaicr u—�aj �sv�.t............. ... ..._-- •_-. �
<br /> � publlc announcement at the time and placc ot �ny previouely �chcduled �al� Lendcr ar Lender'� dcii�n��7
<br /> � purchaee the Property xt any aale.
<br /> Trustce shAli deliver to the purc6w�cr Trusta'e dced conveying the Property eo�o�d wfthout�ny coven�et or
<br /> w�rranty,expressz�o::Wpl4ed. Thc rccltale in thc Tru�tec'�dced�h�ll be prim�frcie cvidcncc ut thr truth uf tbc
<br /> � etatemente made therein. Truttee thall apply the proceGd�of the etle In thc followlnR onier: (�)iu �II co:9a�nd
<br /> e�easce c:erci�ing thc power ot ealc and of thc ealc,IncludlnR Trunec'e iccs not eYCeedink�% ot thc out�tandinR
<br /> � principal balance aed attorneye'fces utd coets�f title evidence;(b)to all wm��ccured by thiM Deed ot Tru�ti Nnd(c)
<br /> to the payment of juntor Truet deede, mortgaRea or othcr licnholdcre, �nd (d) thc cxccsr, It rny. to the pe�'�on ur
<br /> pereone legsnily entitled thcreto.
<br /> ►
<br /> � Form#739 NE (10/96) Pt�gc 3 of 3
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