:� ,. ��: ''�` „ _ �Y'^-'S..'.'.
<br /> , -��•
<br /> . .�r�A�_r:r.�.e Y - -�- ---�-
<br /> ,. • � , 'y'.. • i.;- �.t -- —
<br /> . ' ;µ;•�'" �' r'��(..r::n�x"`- ---...------ ..�_-- .�.
<br /> -'t . .. .__.. . .r�rT"R°' --
<br />_...... :� . . . .
<br /> +-*q—..-..—,....e'"'....._ - � c._
<br /> t�.�,���q�` 101303 09/11/1997
<br />_.::..�s:
<br />-"�:.,.�� ' RICK b THaIL3R
<br /> 9.Coodann�tlon.TLe pmcee�of tay awac�d or c1�iai for dun�gey�dinct or cansequentW, in comocdoa wlth any -
<br /> ai
<br /> =�"� coAdemmdan or otber nJcia� of tl�e Pmpeity. or pRrt thereof. or for comey�nce�S 1�eu of c�ndematdan, are hereb9 ---
<br /> `..'� �.ssi�ttd�nd sh�ll be patd to LetbdeT�subject W the teroro o�iay mortQ+�e.deed of trust or othEr securltY��wlth a f
<br /> s"'�'"" llep whiCh 6as pdotlty ovet thi�Doed of Tttlat.
<br />:,�,��:� � 10. Hoerower Not ltele�edi b'o:be�e�n�oe H!' Laider Not a Wd�er. Bxtendon of the dme for p�yment or
<br /> -� modi8cadon�f�mortiudon of tt�c aiao��ecunA bY thl�Dad of Ttust�riu►ced bY I,ender to iay succe�or i°lntetek of
<br /> 8onower thall not openUe to nleaae, in u►y tn�nner, the li�bWty of the od�latl Borrower and Boirower'�aicceaeore ln �
<br /> intemt. I,ender etull mt be requ�rod to commence procadin�s��t axh s�cces�or or nfi�se to extend dme for p�yment y
<br /> . ;'�4,� or ntherwix rnc►duY amortiradoa of the sums secttred by ttrie Ueed of Ttust by re�soa of u►y demud m�de by�e u��m1 '
<br /> �,�i t ar remedy hereunder. �
<br /> — Boirower ad Bocrnw�ar'�succawn In lntemt.Any focbearmce by Loader in eaenisiWt any rl�h �
<br /> _,�.� or od�vvlse�'orded by MPlic+ble l�w�ehdl not bo i walver of or preclude ehe eaerdee of Rny wch rigbt or nmody.
<br /> :Q� !1.Buccaror�sad AMipr Ho�mdi Jolut and Seraal Wbilftyi Co-dpiein. 1Ue covenmta�ad a�reemeats 6ereia
<br /> - conainod shaU bind,�wd d�e rlghts hemmd�c s�U inun to.tbc rapecdve successor�ud�ssi�of I�ender�ad Borrower�
<br /> � � subject ta the provlsioa4 of para�r�ph 16 hera�f. AU coven�nts md�caments of BoAOwer shall be,joint aad aevenl.
<br /> Aay Borrow�er who co-siQns tWs Dad of Tnus�but does not eaecuto the Note.(t)ls co-si�nin�this Dad of Teuat only to
<br /> ';H:Y�^� �aot and comey that Bomnwer's intenst ia the PropenY ro Tnutee wder the ucros of this Dad of Tzust. N��e mt C�
<br />--,=: . person�liy liable ou the Nou or wider thts Deed of Tiust. uid (c)a8ras that L�endcr and any oN�ar Horrowen c�cruader
<br /> ��� �f msy�ra to eatend,mod�gY,fotbeu.or ms�ce u►y ocher�ccommoduions wlth re�rd to tLe tetms of thia Dad of Tzusc or
<br /> s'"°�`� tbe Note.without thu Borrawer's wnaeat wd wlthout nleaaing tlu�t Borrower or mudifying thia Dced of Tcust as to th�8
<br /> 1� Borrower's interat in the PmpeicY-
<br />.�s� uador�ppUcable Lw to bo given in amther msaner. 2a)any aoda t�
<br />-�; - lZ. Notioe. Bxcept far�ny mdce roqu�red such aotict by cecdfied mtil °
<br />- - Roirawer gmv�dtd for in this Aee�of TYust shsll be�iven by deltvedng it or by ma�lla8 b m¢ice to I.ender a� -
<br /> .�`��:.. addnssed w Borrower it the ProperiY Addcess or u such oth�r address�s Bomower msy des�e Y
<br />��-t _� providod hereia,�nd(b)�nY nottce to I.ender shall be�Iven by actlfled mtil w LendCr'a addtiess atated herda or to saeb
<br />�.����:• otLer address�s Lender msy desigmte by mdce tu Bornower as provlded herein. Any aodce provlded for in this DeEd of
<br /> _—� Trust st�lt be deamed to hsve ban�iven to Borrower or Lender w�cn�iveu�n tt�e minner d�i�ac�1��
<br />_'`_,��'�. 13.Go�a�n6u�I.a�v;Sever�blUtl•The sate xnd locall►we�pplic�ble to this Deed o���Fed�rsl bw to this
<br />-;,��.� jurtedicttoa in vrhIch the PropertY is loc�ted. The foreSoias sontence shsll mt limit the�pp
<br />:s��� Deod of'IYvrt. Ia the everu thu�ay pmvision or clause of this Doed of Tivst ox the Note conflicta wlth�ppllcable lnw,
<br />-��� snch conflict sbaU not�ect other pmvlsions of this Deed of Ttust or tbe Note which can be �ivon e�'xt wltLout the
<br />`�� conBicHn�PmvLSlon.md to tWs end the provlsions of this Dad of Tn�st u�the Note tre decland w be ecvenble.As
<br /> H Hcable liw or
<br /> ^�� ��rein, •co�s•� •expenses' �nd 'uwmeys' fxs'include aU sumc to tt�e extent aot p�hibited bY�PP
<br />,-=;�'�!�s� i�iitea h�ein.
<br /> _-,..;.
<br />__.�';:;;:,;'� 14.Boero�'s Copy.Boirower shaU be fumis6od a cantormed copY of 6x i�uto�,d af�I'.�d og'!'�,��!.
<br /> "__''_s:� time�f eAOCUdon or after recordatlon bereof.
<br /> --_�=_�`� 1S. Rd�Wlitadaa Lo�n A�• Bomnv�r s�ll fu1fiU dl of Bomower'a obll�ado� umcr a�y Lome
<br /> -__—,—_,+ i�bilindoa,imProvement.np�it or other loua�gneemam which Hou�ower entera into with Leader. I.ea�er,u Len�deT�Y
<br /> ----- opdon, miY reqdte Bomnwer to execuu wd deliver w Lender,�a�fo�1�+�le w��or seivl���nnecdon
<br /> --__ ri�hq. cl�imn ur dafeases which Bouower may hsve �nst P�ard
<br /> --- -- wlth imDco'veme°ts m�de to tae YcopenY• of the P�uperty or anY i�e�e�
<br /> if.Traadar o[t6e Pro�t�or a HeadlcW Iaa�at!n Boer�ovrrr. If dl or�nY P�
<br /> in it is eold or utasferred(or if a beaeScial intezest 1a Boaawer is sold or u�asferred avd Boaow�er�of�ll amm
<br /> peroon)wltlyout Lendec's p�tor wrluen consent. Lender miy. at Its opdon. m�uin im�d�st�W►Y�
<br /> � sxured by tlda Dood of'IYua�Howaver.thia opdon e�ll mt be exercieed by I.ender�f exacise ia prnhibltod bY feden�
<br /> law ss ot tbe dau of this Txed of Trnat.
<br /> -- - If Leader exercieea thie optiun, Le�er sh�ll�Ive Horm�+er podce of aaelemdon.T!u�tice e�ll pmvlde t Perlod
<br /> � of aot las dnn 30 dsys fmm dre dau the nodce Is ckllvend or mailed witttia whieh Bomow�c must P�Y aU a�an sxve�ed
<br /> - — bp this Deed of Tcust.if Botrower f�ls to psy these cums prlor to tlu e�ir�lion of thie paiod,I.ender msy iavote my
<br /> - -- remafia p�toed by tLis Deed of Tmst wtthout f�rther aodce or demmd on Borrower.
<br /> '='��-�= NdN-UNI�'ORM COVBNAN1s. 9o:tOwet�wd �fd�ed 1D p11r�r�Ph li hee+eo[• ��Hoero+�ee'�� bre�cb o[s41
<br />_�'�"� 17. Aoedentloa; Rmaifa. �apt �f Wb
<br /> oo*eo�nt or�eemsat ot Boreovne in tL4 Deal of Teu�t.lodudini�'�'��hfl�e�P�V��d�W d�
<br /> c�knd�r d�,1s+�'�are dues �41'�oavred 6�thls Deed ot Z1�vit,I.endx Pelo�'
<br /> ._;:o dodae to Boreower�pro�Lded in p�rap�Fti]Z hee+eo[sped[ylnt: (i)the be�+c6� (�)the actloa requlre�to cure
<br /> -=':s� wcL be�e�c6i(3)s d�te.�ot Iw thrn ZO dqs irom the d�te the noNoe is mailed to Baasowa�b7 whieb wch 6e�ch
<br /> -- mwt pe cured;and(4)tf�t hllure to cure such bre�ch on x bdare tbe d�te�pedii�d in tl�e mda ma!='�'w1t fa
<br /> ---— �a{p�M1oa ot tlre wm��eci�cd 6�this Dad oi Tnbt Rnd rate ot the Propat7.T6e notice�b�9 tuetder W[oem
<br />--9�""O�'� Borrovrar at We ri�Lt to e+ei�tate�Ra�cada�ation�nd t6e ei�ht to bci�y a ao�nt�ction to�wert tLe nooe�teooe ot
<br />-cr:;xt�r,�r�a
<br /> v..'_.;,ti�;�, a aetadt oe�n7 d1�a'de[e�e ot Boee�owa�to ucder�tion�ad ala V the b�+e�eL M not an+ed on ae bdoe+�t6e
<br /> =°,N•:;>,; �pedAed in tLe nofloe,I.e�der•nt IROder�opdon�aW d��W ot tbe suim�et�n+ed b�th1�Deed o�Ttwt to be
<br />'a�;':x, �med�td�doe aad pa7abk witbout i�uether 8amiusd and m�In�oke t6e povnr of aie�od�'otbec na�edla
<br />•r:,.:3�k•
<br /> ---s:� law. I.eader �W be mtitlal to oolkst �ll rwoo�bk cwb snd e�pe�a�i�red
<br />`n:�:�,� ' �t!�reme�dfe� �Prodded in thls[�r�p'aPh 17, fnclndinf,but not Wnited to,ra�onabk aKorne7s faa.
<br /> �"'_'C:y�.r
<br /> ."': •';�_ ' Itt6e power o[etk 4 in�oked►Teu�ta a6aU reoocd a aotia ot detault In a�ch onunt�In v�1rh t6e or
<br /> som� p�et tdee+eo�b laated �nd eball mdl ooPk+ ot te�ch notloe 1n the mRnoer preue'Wed b�applkabla 1aw to
<br /> ;—��. '� Bare,e�rpr�od to the other peeeon M'e�cdb�d bl iPP�►�Vw.ARer the lap�e ot wch time ae ms�be requtred bl
<br /> •�•--.. ' • aotice ci N!e tQ tl� pe�o�+P�+d In t1�e mannrr ne+e�ceibed b��pPlkabk
<br /> _.��-,-:�:___ anolinble l�w,itv�Ece si�.ii w�e PuWk --.�..__ �.r�.:�.u..r w.�a.�.r�ettm�
<br /> r.. - I�v�.T171�!!y' M1�01�ddnlltld Oa BOROVRlr 61W!ttil i0e nvpeas7 ai[rwra'�s.wi:.w..........y...._- --- -
<br /> 'S..'.+?�r y
<br /> --=- :�..,�„� �nd pl�Oe�nd uodar the tarms�a11n the ootla ot ade ia oue a moc+e p�e�a�1s wd in wch order�r Tndtee
<br />- .; '_ �• .,, and ot tbe penpeet7 b7 P�bUe annou°'oa°��t tLe ttm�
<br /> �t;�'��� �r de�e�ine.Tn�etea mar poetpone We ot�11 or an7'Ps�
<br /> '. :.�R.; and pi�oe ot an,1 pre�lo�i�ect�ed�eUe.I.en�kr or I.ender'a da6�oee m�l'P����'°�����.
<br /> . , „ Upon realpt ot pa�nKOt ot the prla bld� 'I'netee sbrll ddher to the purthas�'Tnbtee•s deed aon��the
<br /> ;. • pe+opat� wld.T6e ebcitw in the Tnrta's deed ahaU be prana t�cle e�tdenoe at tbe t►vth of tbe shtmu�ts made
<br /> . therdn.Tn�ta�btll�PP�7��o[th�s�le In the tdtowln�order:(a)to aU e+arooebk ao�ts aml ape�w ot
<br /> the sak►tndu�ln�►but not liamked to.Tnuta's tees�Ily fncurred ot not morc t!m S�i ot We p�o�ale peia.
<br /> ' . reroo�We�+toe�J�� [eea md ao�ts oC titk e�idasai (b)to all�eecu�ed by tbN Dad ot Tnsti �nd (c) the
<br /> � ' aaeM►it aqy.to the pa�aa or peroa kpi17 eadtkd tl�eto.
<br /> ,,.� - . .k
<br /> �
<br /> Nohn�26876-3 7/97 OriQiaal(R�aozd�d) Copy(1lranah) Copy fCu�Loa�r) P.je 3 oTs
<br />
|