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<br /> _�._.._..... •Al`�..�k,'H.��!�Ka��lwT�[•'/'+�M"•w �. . . ,. . _ ._ ,r-.r� �� • ���a. �t��� �.�.�'r....
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<br /> � ' STANLBY LILIEIiTfWT+ KII�ERLY 8 LIL2EI�T'�1AL ��� ��+Vyy 101z61 uy%ui%.iya7 =----
<br /> � .� 6:v._ter��
<br /> 9.Coade�a�utioa.TThee procads of any�wnrd or cl�im for dam�,�es�dlroct ar coaseq��enti�l�in conaxtlaa wlth any �r-
<br /> . co�emnadon or other talcinR of the PtopertY. ar put thereof. ar fnr comreyuice in lieu of condemnatiou. �re lureby : �Tr�;�
<br /> �ssigned�ad ahaU he ptid to L.ender.subject to the terais of any mortQs�e.deed of aust or ot6er security��reement wltb t . -
<br /> Uen which h�s priodry over tlils llad of Trust. .
<br /> 10. Borrower Not Rdauedi Forbeuuwx By Lender Not a Wdver. BateagIon of the t�me for paymeat or
<br /> modificadon of amordadon of tLe svmv secured by this Decd of Teuat Br�nted by LeMer to�n�r successor la Intenst of :
<br /> Horrower shall not operate to rele�se. In wy�r. the liibility of tbe ad�izwl Aorrower and Harrower's successors ia
<br /> iaunu. I.�oder r.�ll aot be required to commence proceedlu�s uQ�tinst such successor or refuse ro extend time for psyment _
<br /> � or othexvvlse modify amordsdon of the sums secured by thfA Deed of Trust by rc�son of u►y demand mxle by the orl�[n�l -.
<br /> ��' Borrower And Borrower's successois in incerest. Any forbeuance by Lxudcr iu exemislu�ouy rigl�t or remedy herzuudcc, =
<br /> �,,,� or otherwlse�'ocded by applicable law.s6aU not be a waiver of or preclude the exerclse of any such�i�ht or remedy. .'.��_-
<br /> }..�.,,,�' 11.S�on aad A�sip�s Bonadi Jolat and Se�enl UtWUtyi Catip�. The wvan�ats wd�reementa tureia i•v=
<br /> ; CUnLtloou tiui�T O1L1i.7itlu 10C I7jµtiD iva�uixici�1�iI«a'8�it::.f.:,,'�l�YL StltCG�.:�i3"' •_�,,,,ci�ng,a,Qf T�nA�r�ntl Anrmwrt _
<br /> subjat to the provlsloas of par�graph 16 hereof. AA coveaaacs and sgraments of Horrowrr stull be jolnt and sevend. ��_r�
<br /> pny Bomower who co-s�gnt this Dad of Tnut.but das mt exceute the Note. (a)is co-sl�nin�this Detd of Tiust only to ---
<br /> gnut iwd com�ey th�t Bonovrer's interest in the Property to Trusue woder the termg of tWs Deed of Tcust. (b) Is not _ -
<br /> j per5onally 1Lble on t6e Note or under this Deed of Tcust,a�(c)��rces tlut I.ender and any other Borrower hereunder �-
<br /> may�gc�co puend�modify, forbpir,or mute say other accommodadoag with ngard to the tera�s of this Dxd of Tnut or
<br /> , i the Note.wtthout tl�t Horrower's consent and wIthout nlasing that Bo:rower or modlfyln�this Dad of Ttust as to ttnt �'_"�
<br /> �� Borrower's interest ia the Property. .�,
<br /> � 12. Nodee. B�ccept for any nodce roquired under appHcable lsw to be given In another manner� (s)auY aodce to �
<br /> � Botmwer provided for in th�s Deed of Tn�st shall be given by deliveiia�it ar by m�ilin�such nodce by cerd£ied m�il �=°'
<br /> �-�.r
<br /> � addressed to Borrower u the Property Address or at s�t other nddress as Borrower may designue by notice to 1.tuder as
<br /> provlded henin,�ad(b)any notice to Lender shall be giveu by certified miil to I.ender's addnss ststed l�erein or w sucb �M -
<br /> other addnss as Lender mny desigmte by bodce to Borrower as pmvIded herein. Any uodce provlded for ia this Dad of �;.
<br />- Tr�st shall be damed w have bxn�ven w Borrower or Lend,er when�Iven in the manaer desl�ted hereln. =.
<br /> ' 13.Go�adns Lw;SevecabWty.The stsu and loatt lttws applicable to this Deed of Tcust sh�ll be the hws of the ---
<br /> jurlsdicdon ia which the Pcopeny is located. The fongoing sentence shall not lImit the applicability of Fcderal lxw to this °—'--
<br /> Deed of Tn�st. Ia tl�e event th�t any pmvlsIon or clause of tWs Aad of Tn�st or the Note wnflicts wlth�ppllcable law. �
<br /> such contIIct�11 not affect other provlsioa5 of this Deod of Tzust or the Note which cui be given effect wlthout the
<br /> conflIcdng provtston,and to ti�s ead the pmvis[ons of ti�s Deed of Tn�st and the Note ue declwred to be seveiable. As
<br /> • � used henin, "coste�. 'expeases�u�d "attorneys' fas' include all sum4 to the eatent not pmhibitod by sppliqble Lw or
<br />�= limitod hereln. _
<br />� �-; -- 14. Bon+o�es'e Cop�. �orrower shali be furuisbod a conformai wpy oa th�?1�a�d�f ti�B�af Ttuat�she -
<br /> �:.
<br /> time of e�cecudon or after mordAdoa htreof. -
<br /> '.' � ls� Adnpllttattan I,oan A�eeemeat. Borrower shall fiilfill �11 of Borrower's obflgadons und�r any home
<br /> -_ ' rehtbllitadan,improvement, repi[r or other low.agrament wLich Burrower enurs into wlth Le�r. Lender. at L.emer's
<br />:-� ", opdon, msY nq�dre Bo:mwer w execute xnd delivei w Lender, in a form accepmble w I.ender. an assignment of aay
<br /> s,� ; �,�; rights. cWma or defens�s which Borrower may have agaia4t parties wh�supply labor.muenial5 or servias in connxtion
<br /> �....:. ..�; ' w3th impmvements mrde to the Property.
<br />'i....��'., . .� 16.Tranta ot the Propat7 or s Benelidal Latereet tn Borrower. If all or my put of tLe Pmperty or my i�eiest
<br />'=,�u.....,,`... in it�S sold or uu�sfen�ed(or if a beneScial interest in Bo:rower is sold or traasfetted wd Borrower ls mt a nttur�l
<br /> '`-�-M'�,�.^ • person) wltho�ut Lender's prtor wriuen consent, Lender mty,at its opdon,ml�ine�mmediate PAYm�t in full of all sums
<br /> ���'=Y S• �'� setured by this Deed of Tn�st.However, tbis opdon sball not bc exercIsed by Lender if exei+cisc is prohibited by faleral
<br /> �-°c;a,"',"���'` ' laa�a of tbe dsoe of t6is Dxd of Tzust.
<br />_��'a`�'��:� . If Le�er exen�ises this opdon, Leader sbail give Bomnwer aoda of acceleruion.Tt►e notice shrll provide�pedod
<br /> y;�..�:w.*.. " • of not less tl�n 30 dsys fmm the date the mdce is delivend or mailed witbin which Bormwer must pay�Il sums sxured
<br /> �'-�._`. .�x by this Deod of Tn�st. If Bormwer fails to pay these sums prior w the expitadon of this pertod.Lender may iavoke any
<br /> '°'�'����,: .� remedies permiaed by this Deod of Tn�st without further mdce or demAnd oa Borrower.
<br />- =�•::�� NoN-UN1PORM CovEN�►N'1s. Borrower and Lender further covenant�u�d s�cee as follows:
<br /> _.E_:�t::��..',b 17. Aocd�ratloni Ranedks. Exapt a� prodded W paraRap6 lf be�+eo[. upon Bo�a+ovra�'s 6reacb ot Rq�r
<br /> ��.�;��;:,:: co�eaant or ap+e�eat ot Borrowei in thts Deed of'1'euet•Inciud[n�Borrov►a''e failure to psy, b�t6e aad ot 10
<br /> -.,�1�:��'� ¢�r daJs atra,t6e��re due, any'suns eecue+ed b�thls Deed ot'Pnut.I,endrr pcloe to aooeter�tioa dWl�l�e
<br />'--�`�'"�-''.:: notke to Horrowa a� provtded in p�ra�r�p6 IZ 6erw[apec[ty[n=t (1)the be�each3 (Z)the�tion requlral to cure
<br />�'-:'�f'` su�h be+c�ebi (3)a d�te,not leas tt�20 dsye trem tLe date the notia t�aulled to Borrower,b�wlileb auch bra�c6
<br /> . _� `
<br /> �:�;•.� . '. r. , ; mu�t be curedf+md(4)tiu►t tAilun to cur�such brauh on or betore tbe date tpecltkd in iLe notia ma�rerWt in
<br />_;�, � aooderdlon o[the�uns secured by this Deed of Tn�t and stle ot tbe Propaty. The notia eLW[rut6es'into�m =_
<br />- Horruv�ee ot the rl�ht to rdntate aRer accda�on and the d�fit to beins a court acxlon to asart ti�e nonadstmoe ot �`�F�
<br />-.. a detault or�ot6rr defaoee of Borrower to acodaratlon�ad eak.If the brrach ia not cusM on or belore the d�te
<br />- spec[Ned In the notia. I.andar,at I.mdarb opdon,may dcelan ail oi t6e sums aecured b�t6b Deed ot Tevrt to be =
<br /> . imimaH�td� due and payxble wttt�out it�rther ciem�tad and may in�dce the powa of ade and aqy ot6ar remedtn+ -=
<br />=; pamltted b� appltcable law. La�dar stull be mtkkd to coUect �11 reawn�bk coets and acpatics Innu�red in
<br />- Pw'sWn�t6c ranedies Provided!n tWs para�'aph 17,includin�,but not timited to,rasowble Mttoracys'tees. .
<br />-� It tl�e powa ot swk is invdced.Tnnta ahW ceaord a notke ot default in ach coimty in which the Propaty or
<br /> , .y. � same put tt�aeot h loated and edll mW copfea ot such�atice in the manoer preecrlbed by �ppllca6le law to
<br /> .. � Boerov�a and to the other pa�som prescribed by appllcable lRw.ARu the lapee o[sucb t(me aa ma�be required by i
<br />- appllc�bk bw,Tnntee ahall�ive public rwtta ot�aak t t6e peraom a�nd in t6e manaer prax�ribed b��.appikable
<br /> ..--- .-...�-�....�-_ �w•'j�l�{��y���l1js�GIIRIIQ OR DO�iV�7Q'f BliRlt ORt�LG raV(rcta�f►(nwu�srw�w�v�.w..y..r•v.ww w.....�� �.-�...--_
<br /> and plaa and undar t1�e terms desl�nated In the notia a�f sale in oae or mon pan�ela and In auch orcia�a9 Tn�eta
<br /> . nny detenmine.Tn�tee nray postpone sale o[�11 or any parcd of the ProperRy by public anaounoame�t at tbe Wm
<br /> - and Plaoe ot anJ'Pre�lously ec6ednled eale.Lender or Lenda�'e desi�miy Purchase the Propat'u�sak. I
<br /> ' Upon reodpt of�m�nt of the pda bid,Tr�tntee a1Wl ddi�er to the purchata Tn�tee'e dad oon�e�los the !
<br />� � prope+Ry aold. The rectt�ls In the Tnntee's dad abdl be prlma[ade e�idenoe ot tbe truth ot the etat�eate made '
<br /> _ � tb�ln.Te�ta a6�U appiy the praceeds of the aale in t!�foRowin=order:(a)to all rasonable cas4a�nd espen�s ot t
<br /> tbe aale�todudins,bat not Umtted to�Tn�sta'a[en�ctuWy inciu�rtid of not more thw S 96 ot We yroes eale pria, �
<br /> ra�oosbk attorneys' [as and oosts of lttle eddence; (b) to aq sunu secured by tt�t+ Deed of Tn�st;wd (c) t6e
<br /> . excw,it a�,to tbe p�reon or perao�le;alty a�tided therdo.
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<br /> • NeOn.t�2b876-3 7i97 Origiaal(R�aord�d) Copy(Braach) Copy(Cuttomarl A�pe 3 of 3
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