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<br /> 1Q�3 10115i OB/�.1/1997 � _.
<br /> MARK MCNI$H �7'� `'-::---�—
<br /> .r. --
<br /> ' � 9.Condann�tloe.Tl�e pr�weedi uf auy awxrd or cl�Im f�fr darnx�es,dire�:t or conseque�tid. in connecdon with uiy Y.•�` -
<br /> a»xlam�xadon or cHlicr wkinK af chC Pruperty, or pan thereof, or for cauveyance in lieu of conckmru�lon•ue h�cebY =�';--�_-
<br /> �.rsigned and shti!lx pxid tu Lri►3::c,sul�jctic tu the tcrnu��f�ny nx�ngage,deed of trust or other secudty�grament with•
<br /> ,:,:
<br /> , I lirn wl►icl�Iw.�priority over tl�is Ucrd uf'1'iusi. . •
<br /> 1p� Borrower Not Rele�saii Farlxia�nce By 4e+tdcr Not � �'P��K• �xtension of thc timG far p�ymant or .:�;
<br /> � nxxtification of�mimir.udou ��f tlir nun►+uuured hy tNfs Ueed i�f Trust gn►nted by Lender to any successor in tntecest of
<br /> &m��w�r bt�all rKx�erate to rclru��, in any nwnt�er,thr IiahUlty of the odgin�l Burrowcr �nd Banower's successors in ,�
<br /> � inrerest. Leixlrr shall�x►e t�r�yuirc;J�u������nkix:e pnwee+lings AQ�inst such successor or rcfuse to eatend time for psyment �.•���
<br /> o��xhervris� m�xlify Anw►rtiwtinn ut tl�r ywti�s securcd by Qiis DeeJ of Tcust by nason of nny demand ma�e by the od�iniL . �:,
<br /> R�rmwrr uxl Born�wcr'�hu�:�:CS�t►fh�11 IIIICTCSI. Any furbe�us�xe by l.eudcr ia eaerr,i�tng tny�i�bt o�remedY hereu�d��� r"'�`:
<br /> Ra
<br /> or i�tlierwisr affurd�l by aVldicabl�ie�v.s1�»U�x�t t►��►w�ivcr nf or prcclude the exerc��o�y�ts��g��y�n� .��
<br /> •--^�' + I1.SuccKror�iux!A+�+ifiu 1fatu�dc J�int and Sevcr�l I.labllityt��t*�• .:�`'=_-
<br /> ' °. � caneained shall bial.�ix1 tl�r righ�,r.�cr.<<��dcr,hull inure to,the respcctive successors aud assigns of Lender aad Borrov�r. :.;�j„-•�_
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<br /> subjat tu thr prnvisions +�f�-.�m�:aG11i 16 t:erc��f. All cavenants atnd agceeroeats af Borrower shall be joint�nd sever�l. :ys�ah
<br /> I Any&�rmwrr wtio awsl8u, .ais►%ec�ot � i a�t. but does aot execute the Nae. (a)is casigning thts Deed of Tnut ody to :.,��_�,��,
<br /> ; grant awJ cotwcy t6�t Burt��w�r u�x1��'�Itia„D�ced af Trust a�xl(�a8rees thst I.ctnde s+nd any other Horrower he, ireunder "��.�'�-
<br /> i, pecsoa�lly liable an tl�c N�t�
<br /> • , may agne t��exte�xl,uKxiify. fu�i�ar.u�iu:+kr any other�c:comnwdadons wSth ngud to the terms of tiiis Deed of Tnut or tr
<br /> �� d�e Nc+te.witM�ut ttia�Bom�wcr's co�ir.r��c si�d wid�aut releuing that Borrower or iuodifyiu8 this Deed of'Itust�s to that w�`i._..
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<br /> ,. �� BormwCr's itueresc in the Prc��xnq. --
<br /> '' � 12.Notice. 6acept tirr any nu�i�e reyuirrd under applicable law to be given in uwthec manner• (i) �Y��tO n�"�
<br /> � � Borrower providal ti+r iu thi.Uccd u�i rust shall be given by delivrdag tt ot by tnaillng such notice by cerpfed� �____ .
<br /> addrws,Sed to Barmw�er ac d�r Yrnpeny Adv�e� or at such otl�er address as Borrower may designate by �cice to Lenckr a.s C��=_
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<br /> "; ,4 pr„�ty�,,.����.� lbl auy nueic. tu l.rnurr shall be givea by certified ro�nl to Lender's address snted heain or w sueh s:9uJ
<br /> Mb:r:uldt�s as Lender roay de�iguaie hy �wcice to Bocmwer as pcovided 6erein. Any aodct provided for in tbis Deed of �'-=----
<br /> , �. Tiust stull be deew�d to davr hrei�F�iv�u cu Born�wer or I.ender whea given in the m�nar desi8nated herein. - �
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<br /> 13.Gorernin8!.s►�v3 Sererablllty.'1"lie state�nd local la�ws applicable to tthlls Deed of Tcust shs11 be the laws o t e i_�----_
<br /> jurisdicdon in wt►ich the Propeny i,lowted. T1�e fangoing seatencc s6a11 uot limit the applicsbility of Fode ��le law. "
<br /> Dc�ect of Trust. In the event du�t any pr,,vision or clause of this Decd of Trust or the Note contlicts wlth �pP
<br /> such conflicc sha�l nat affect oQ«r prrnisiu� of t1►is Deed of Ttust or the Nae whlch caa be given effect wtthout the
<br /> • conflictiug provtsion, and ta�tliis enci�Ix provisions of tlus Deed of Ttust and the Note ue dx�are� �o������w�
<br /> used hercin, "costs". "expenx�s" aeJ '3��c,rneys' fees' includk all sunls to the exteut not pmlSbited by app
<br /> � liarited hereia. of the Note 9wd of tbis Deed of Ttust at the
<br /> . 14.Borrowa''s Copy. No*.rrwcr,�►aU he furnished a conformed coPY
<br /> ' time of execudou or after rrcorJativa tirrreif.
<br />� 15. Rehabititation Lotn A�re�ii�nt. Borrower shall fulfill all of Borrower's obligstioas under �ay twme
<br /> relubilitadoa. improvemenc.rep��r ui o}her lc�an agteement wt►ich BorroMrer enters into with Le�ader. Lender. u o�y
<br /> opdon. cnay reyuire B�m+w:r co exccwe and deliver to Lender. in a foar�eccepable to Lemer,�w�ssl8nn�t
<br /> - rights.claims or defe�ses whicl�aurrow�r ivay 1►ave tgaiust puties who supply labor. maurials or se�vices 1n co�eccion
<br />± with impmvemeuts roadc cu die P►up:ny. of the Pt�opertY or any interest
<br /> �� 16.TrNnsfet of the Pro�rty �.;.i `�rnelicid Intes�t in Borrower. If all or�nY P�
<br /> in ic is sold or transferred lur if x ne��e�icial interest iu Borrower is sold ot tcansfeired tnd B°R°����of all aum9
<br /> . ,,., . .1_ pet�on)without Leadcr's prior written a�ncent, L.ender n�ay.at its opdon, nquire imn�oditte PlY°�
<br />''`"" ' secuc+ed by this Deed of T.vs;. I-�aw;.vr�. U�i�option studl not be�xercisod by l.euder if exercise is probiblted by federtl
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<br /> - , law is af tlree dare of tlus Uez��t :r�.tit•
<br /> - If Lender oxercises thie opd�r.. 1x�.d�i sh�il give Banower notice of aa:eleadon.The notice shall prov�d�=a�0d
<br />�• •�..•- y,-�:: . uf not less chan 30 days h•om tti:dxtc tl.e noci�e is delivered or mailed wichin which Borrower mus�P�Y����
<br />= by this Deod of Tnrst. If Bunnwer tails cn pay these sunu prtor to the expindon of this perial.Lender°�aY�'d�iIly
<br /> ,� � t remedies permiaecE by diis Deed ui'i ru�i wi�ouz fu�ther nodce or demand on Borrower.
<br /> � NON•UNiFORM COVEN�aN'i S. Ennuwer and Lencler fiuther covenant and agree u fou°�wa,6 �� � �
<br />��.�::;:_'.�.'..'�: . 17. Accelention; RemeiLes. ��crpt ss prnrided in part�aPh 16 1�"�0[. �P�
<br />-;h�.�,.:: corenant or ��nent uf Bocrower ►a U�is Deed of Tn�t. includinf Borrowa�s faUure=o�Wl'+���E
<br />-;; :>�„': -: • � calendu day�aRer tUey are due. any swns secured by tMis DeM ot Trmt. Lendec pdor
<br /> ,�� • � � nottce to Bomtwer as pruvldetl iu puragraph 12 hereof specifytn�: (1) the breach; (Z) the�� �9��to cure
<br />�;..: ��`"` � such Urea�h: (3)A date, not less than?A days from tF►e date she notla[s mdkd to Borrovrer�bY wLkh st�brach
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<br /> ��; . �uust be cured:and (4) Li�et tsdlu�e to cure such bre�ch on or before t6e date spedT����further Into�
<br /> u
<br />- ' acceleration oP the swns seeurc�l by ehis �ed ot Trust and sale ot the PcopertJ•
<br /> �' � Borrowe�'of t6e ri�ttt to rel►LStw!e aftcr rccelerattaa and tt�e rigbt to bri�t court actlon to a�ert t6e�aea[tetenoe ot
<br /> t .�� �defaWt or any other defe�ise af LiorroHer•to acceleration and sale.U tAe brach is rat cure�on a'bdore the d�te =_
<br /> � spec..ifkd In the�wttcq Lender, at Ix�ide�'s option,msy declare a1n�o F�t c1K�������a�t� `
<br /> � im�sudiatdy due nnd payable withou�1'urthu danrnd And n►sy P� �''`� _
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<br /> pptinftted by appitcaiule law. Lencier shall be entit�ed to collect all rasonal�le caets and exPe�n�s Incu�red in = _�
<br />� : pursdnsthe ranedle9 prnvbled In tn[s parsgraph 17,lncludln�,bnt�wt limited to,reawnabkw6ic6the iPro�ert7 or
<br /> • '• It the power a[s�le Is in�•okecl,'l'n�iee shell record a notke of deliuk in eac.�►co�iKy� b� appllcabk Isw to ,��:'�?_
<br /> E some psrt thereof is located and �liurl mall copies of such naNee in the m�nner prestr�l _
<br /> Bormwer and to the other perso���prrscrit►ed by�ppBcable law.Anar the lap�e of auth time ati may be reqtdred bY
<br /> - -�--._._.�....�....a on�l In the mannet D[�Seribtd bY sPP���
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<br /> APPlicxbk law, Trustee snu�� �ive�n.oiic .►a�:tY�• �•°•"`'"'at ublic auctlon to the Ni,�bldder at tbe time --
<br /> law.Tn�tee,wttl►uut den'nnd o��iiorrower,shall sell the Prope�ty P
<br /> and pl�a wnd under the term� des�snme�cl���he notice of sale In one or moce parceb and[n suc6 order a�Tn�stee
<br /> may detamine.Tnutee m��p���tpone�a le of all or�ny parcel oP the Prope�t7 by pubUc u�ounceme+�t u the Hme
<br /> end plaa ot'any prerioustY schcd�red sslr. l.ender or I.ender's designee miy P�����'°P�y�t aDr�'
<br /> l►pon recdpt of paYment �:'t�•e prire bid,Tnutee shali delher to thr purcl�ar Tn�stee's deed con�eyinf the
<br /> ` I property sold.The recitals iu th: 1'r�nby�'s deed shall be prim�hde c�idence ot the truth ot the st�te�nenta made
<br /> thereln.Tn�stee shall appl� tltc�:r•e.�e�is of the sale ln the following order: (al to dZ reasomble coste and expa�e o�
<br /> ' the stle,includicys. but not Ifm ue;t��.7�ustee's Fees actually Incarred of not more than S'16 of the aross s�k'prk�+
<br /> reasonabte �ttorneys' feci .►nd co.,is �' tide evtdence; (b) to dl sums secured by thls Dced of Tnrit; �nd (c)the
<br /> • exces�. it�tny,to the person u�•Ncr�,.��t���ally ent[tled thereto.
<br /> � � paYc 3 of S
<br /> N�n�.���.�26a�n.� i�9� Oriria�: :F��•oc.i�31 CopylBranch) Copy(Custom�r)
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