Laserfiche WebLink
` '�`i �' "� ;��.�����3 � (F�s&e �0. ofi S) <br /> �`� <br /> u�r��ner af o-t�e �rnpa:rcL, (h) a tr,�nst'er inio an inter viva� ir�: i�t �hic.h ;he �ic��r��vtr is a:e3 r�mains a bencficia�y anr'. <br /> �rrl��ich do�; nr�t :s:i�te t�� a trnr,:;'ier o� r�g�t:�s af or�u�ncr in th1. property, or (i? �ny uiher transfer or disp�+itic,n <br /> d���sibwd in reQiil;:�t.irn�s ,>r�r.ilxci by thc :�ee�e:al Horitc L.c7an I3snk So�sru�, $c�rmvr�r shall cause tu bc sub.mitta3 <br /> infr�rrnation requirc� b}' f:c:�de�r tn e'.'sla�!*e the 4t-t+nsfc�ce�s i[ a neu ir�an wcre t�rtg rnade tn the tcans�°t�e�°. 33otraa��.� . <br /> x•i�f ca:7timx� t� b� a��i�ated uix�'cr thr lvat�° en�d thas IhCCi of"]'rust i�nless fxnd�r rtl� Ijorrr��ver in �vriting. <br /> If I�nder s�o� +ao? ag;re� to s�.ach saY�Ur tran�l'�r, [.cr.rler rn�}a���,� ��i �r tr����rns�ur�a 5�� this Deed cf'I�r�.�t trr <br /> b�� imr-ieciiat�l� due �nd �a�ya�,le. if L.ender eserci� s�v�h optiaci t:� acce��ra��:, p.cr;d�t shall mail �3ctirrc��+e� natic�. of <br /> 3�:cel�r�±i��n in accardan�e q�ith pRra�ra�� 12!�Cret]r.Si.7C�'i 11.i>t1CC St1$II [Sfti1"1S�f: a �:�eriad a! nat ?�s than 3C3 d�y',s fram c��e <br /> u�t� tl7c notic� is maiarvci or dc.l���erc�ri withir. r�hich I�rro�•er mav �ay 4'�c�ums drelared due. Af Bui�row�r fails to ��:y <br /> suci� sums p.ior to thr, r.xpi:ati��j�7 v� such peric�, i..ender msy, withQUt furthcr not.�ce or dema�d crn, T3arrowe�r, invok� . <br /> �n5' rr.;r�ed;�s �ermittr.0 5y�pnra�;rap}: 1?h�•reoi. <br /> N�,�N-�f?�i��QR�:f CiJtrL:i�'�►I��'[�5. I3r^ro�•tir and 1.ender (urther ca�•enant and agree a,�follows: <br /> 1'3. .��cci�rnt:on; R,crttedics. F:x+ccpt as pr�a�•ided irt paragraph 16 here�t, car as tathcrwisc rec�uia'ed by law, <br /> u�vn �3�srro��cr's brea�h a� ;isz}� cr3v�narst ar agrcement �i Borr��scr in this Deca af Ti uxt, in�:t�cYing <br /> Rc�rro��cr's faia►�rc S+.r ;,M;�, ts�� i.h� erad of tzn (1�) �alGndsr days sftcr ihc d�te they arc duc, any �rams sec�aced <br /> ba' tkai;s I�c�cci r�i 'CraW*., I.cndcr p7rior� t� accclet•atiqn shaii givc npticc ta Bnrxta�cs as prav�ded in para�r;��h 12 <br /> �:ei•roP x�cciP;��ing: ��) tPtr. brcacl�; (:£) tP�e a�ction r�uired tca ct�r� such brcach; (3) e data, not less tthan 2t7 clays <br /> f"rc�cn thr. u�atc the notic� is matPed to �orre���ve�r. byT wlaich sucn bre�ch caaust br �ured; and (4) that �ailure to <br /> cure such b�r,mch an or befar� the d.ate spcc:f�cd in tbc nc�ticc rosy resu]E in Atc:elcration of thc surt�s set:urcd <br /> b�� this �eer� c�f 7'rusi and sa'.e +�fi the �'ropePty. Thc nvti�c �hall further infarm iiarrawcti• of the rigt�t to <br /> rci�st�t� a�t�r at�elerat�on �nd the right ta bri�:g court sctir�r� ta zsscrt the noncxisienc� nf � deE��lt or �ny� <br /> crc�er deC�nse e�� �3€�rrower to �cc�leraYi�an �nd s�zIc. 1t' 1hc bt't�ch is ndt cured an or before thc dmtc a,pecified <br /> in thc notzce, Le�ader, �t 7,ender's o�tio�a, rnay deci�re ali r�r the sunns �ccared by this� L`cc�� of Trust t�o be <br /> innrnrdim;fcly� ciizc und ��}'a4zl� iwitltout fnriher dcrn�nd and may in�•okc tha p�v�er ai saEe ar�d any vther <br /> rerxnc:d;�s parrr�ztt�d F�y applicebl� lzt�r: �.caidar c;�e11 b� cnti�led Eo catlect �!1 c+�sts and expenses i:�cu:red in <br /> �ursuing tahe remcdi�s }�rovid�d in thss �aragraph P7'tn t�tc extcr�t permiit�d �y gpplicablz lasr. <br /> If ;..�nder inti�nk�s thc pocFer of salc, �.c:edcr �� 'Trustee st�ait maei copics af � nt�tiec ot ssle in thc menner <br /> p�.r.scribed be� a�plicable la�s to Bacro�ecr ens3 to thr other persons pre�.ribed by �ppHcable iat�. �"costee slhalf <br /> gFVr ,oeic� c7f sale by� �ut,lic adwertisexrecnt fc�r the time an,d in the manner prescribcd by app)icabtc la�. <br /> "Ttu:etee, ^�•et:�oiic ��m�nd ozz �3Urrr��vcr, shnli sell t'he: k'roperty at �u�aec aoction to the highcsd bic�d�r ior cash <br /> ai th,p cimc and pY�e� �rzd uncier the tcrms designatcd in the nn3ac� a# sale in ont or rnote par�cts mnd in such <br /> ordec as �'rustec rsYay� d�etcrareinc. Trustee msy postp�r�nc safe a�' all nr any psrce! of the Property ta any fat�r <br /> time e,a� the s�mc :�atc by public ac�no�nccrnent ai thc ti�ric and p�sce ot' any prcviou5ly schcdulc� ssle. <br /> �,c:ndcx or l.�nder's desi¢nec mn�� pur•c�as�tl�e �raper�y at any sale. <br /> 'I"rustee shs!! deisve� ic� :?�e pvrchnscr 1'rustec's deeel conti�eying the PrQ�serty sa sald �athoat any �avcnant <br /> or sb•arrar,4y, CY�_l£L'!iS�t� or em�lizd. `�'h� rcciials in thc Tr�slec's deed shslt bc �rima facie cvidenc� r�f the <br /> trtnth n1' the st�tors�cnts madP !hct�.in. T'rtistec shait ap��t;• thc procteds nf the s�ic in the 1'�Ilo�in� nrder: {a} <br /> tc� �!t xcasaan�E�lc coscs �nd r�x���scs �z� !hc sa(c, inc3rzdic,g, but nnt limitcd t�n, rsasonablc Trustcc's fces �nd <br /> aitvrne.g�•r' fe�s .a�d cc�sts vf Yit1e cs�iden�.e; (t�; tr� all sums securec� by this Uced �i Trust; and (cj tha excess, if <br /> an}•, .0 th� person nr pr;rsans ]cgally entxtled i�e�reto, <br /> �H. �Ci��'O«Ci�S R.igttt to �eins�tate, iti�o'wit'r�star►di;ag I.ender's acceaer�tian of tt�e sums �eci�rc� by this I�ec�d of <br /> Tr�sst �;t�e ro ?inrrower"s breach, �orrower shall ha�•c thc right to have �ny groceedings begun by I,ender to enforce this <br /> ��� oE "Frust c�i:.y:G�tinuYd at anti timr pci�r to the earlicr to occur of (i) th� fif4h day before the �{e nf the 1'rop�rty <br /> p��;-�:snnt t� ih� pc�H�er of sa;�cn�;tnin�d i� this �)eeci of TruSt or (ii) entry of a j:.►dgment enfarc;n� this Deer� p{"Trust if: <br /> (�) �3c�-rc�«er pays I,en�cr �ll sur,7s wh'sch a•oald hc then duc uudc.�r� this L�CCI o� �I'�vst attd el�e Note had nn accr,lerztian <br /> c�ccucred; ��) �rrowe:r cur�: all nreach�s pf any ocher cpvenar.ts v; �grecmetats u;.` Barrov��er contained in ihis Deeci of <br /> Trust; !c) ki,_�rr:�wcr pays afl r�asonable ex�enses incurrL�cl b� I.,etiuer and Tru;tee in enfnrc:ing the cnvenants �nd <br /> a�,rc�:r.:^ncs ai h:rro.:er cnntair,ed in this Dc;� c�f `rrusi, and ici enfarzing I.ender's and "i'rustee's remedi� :�s providacl <br /> in �ara�ra�ah i7 t.er�.±�f, i;�c;!33;ng, hut npt !in:ited tc�, reasonable�ttorne}�s' fees tn th�ex!ent permitied by ap�licable law; <br /> :�nci (d) Bo�rre�•�r talrra,: 5�.«•!t action as i�:slder may reasonably :�c�;uire ta a�.sure thst thc iien c�P thi, I?r,ec� c�f �C'rust, <br /> Lcnder'� irtet�;t in e�:c F'',-e,�.�eriy and '�rrU�•°r��obligation to �;� thc sums se�ured b?• this Ueed oC Trt�i shati ca:�tinue <br /> unimkai;cd. U�:na� suc'.i }�'�y�rn�nt ai�d ctrre b} Barraaer, this De�xl �f Trust arid the abligatic,>ns �cure� he:cby sl�a;! <br /> r�ma;r� in fuil focc� and e�;ect a�i�r,a acceleratian had occurrcd. <br /> (7. e�.ssigncne,^,i ul� Rents; '�pp�intment �t 12ec�ivcr; LGndcr ie� Possession. As additional sPcurify h�rcunder, <br /> �iorro�4�e� he�hy w�:sigr� tp �,en��3er the rents c�f the Prap;.rty, provideci :hat ]3orrow�r shal(, prinr io acceleratiort under <br /> �ar;�grapi� ]�' ;,eressC +�� s1�ar�d�nmer.t of the Prn�ez-tq, have the right to c�llec� and rwtain such rec�ts as they become due <br /> unr� pa}'abar,. <br /> i.)Fran e�c�leration under pa;�gcaphy 37 hercof or ,ybandor�ment of the Praperty, I.,tncler, in Ferson, by agent �r by <br /> �vc�ir.i�'.iy appc�inter: recei,ver, shall ne entitled tc� es�ter upran, take ��ian of and manage the I'rnperLy nnd to c�llect <br /> :(7� rw�ts c�E ttac i r�a�ierty incltsding thrasc �ast due. Ail rent5 c�llectec� i*y I,enci�r or the re.ceiver �hafi be sp�iiu3 first tn <br /> pr.g•mAnt ryi tti.� ca.yts of manageme;�t aP the I'roperty unc: collectir�i� c�f rent5, including, but nqt !imitecl to, s^4�cei�.�er's <br /> iee�, premi�irsis �;° recciver's b�nds Rnd rea.�na'ble �ttorneys' fee.��, �r�d it�cr� to the surns se�urcd by this D�ed of 'i�ru.st. <br /> I.��der aairl thc rerci��c.r��,afi be�iabl� to accaur,; oniy fur thc�sr:rentG actuaEly rcc:eivc�d. <br /> 7(�. �?"lca*.::• ►��xm �ay';�cr►:�4' alt sum�„ecurec� by t.his I7eed c�f"['ru5t, and, if this I]ced af'Trust srxures a �;:volvin�; <br /> LcrSTM ,4grec�men!, I3orrow�r r�qu�ts !.�nder ta relc-asc tb�;; ��ecd c�F Trust, [,andcr shail causc this L�c.Rd o� Tr��st tc• bc <br /> rcle.;�secd �,•�zi►c��t charp,r.tq� IIC�z'tbwC�. iioCrp.:�r L<hall pa; all casts af rxordation, if any. <br /> Z1. Suhsci'utc "r�•�;¢���: (.,�;nrler, ai I,ender's :;;+t;nn, mny frr�m timc to tirne appoint M succe�or trustcc ta any <br /> 'Tr�as!cc a,�irxt�-4 �:�f�Ufl(�4Y iy' 8t7 IfiC.Li'UR7Cfli ft�iTC�M ;:� the��qUfltY 111 R'}11C�1 LT113 I�CGC� i�� �'ru�t is recordect. 1�Vithout <br /> r.s�nvG����,.µe �, ehe �°,-��rty, cha success�r irua-cx sFinll stkce�l to all tho t�clP: �wer an;a aucies conferre� upon TFc <br /> '�'xu�yten i��rci�: and 'r,,y;�;F:ticab�e law. <br /> � '?. �xc,ucst ic:s ?�otic�y. �t►rrev��cr requ�ts that copi�i oi the notice af defsult and tav;ic:.� of e�!c br sent to <br /> unrr;a�ti•er';;adc�;��Rricti is th�;rope�ty Addre:s. <br /> ` as-ao•�a cr�oa ot Tr�st iV� �i1G1AY�4 ! �� ��! ��� �� ���p����� N8rA7924 . <br /> � � <br /> �, . <br />