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<br /> , � � oNnet ot tha praperty.(h�a tronsfee into an inter vtvos trust in�vhich the BorroNer Is and remains a beneficiary and [
<br /> � ' which da�not relata to a ttanster of rights of occupanoy tn the property,or(t)any other trnnster or dieposition �
<br /> , ; : , ° described in regulatIot�s prescrlbed by the Feden,t Nome Lo�n Bnnk Board.Borrower shnil cuvse to bo submitted �
<br /> • . -L� tnformation�required by T.eader to avaluate tha transteree as if a naN laan were be'sng mad�to tha transieree.Bore�otver _
<br /> . � will contlnue to ba obligeted upder the Nota,and thia Dzed oi Trust unless Lender releases Horrower in arIting. [
<br /> ' Ji L.ettdar dces no4 agree to such eale or trut�fer.l.ender may declare all of tha sums secured by th�s D�.�.d of Trw"t to �
<br /> '� �"� be immedtately dua ar�d payable. It Lender eYercises auch optton to accelerate, Lender shaQ mail Aorro�ver notIce oi �"
<br /> � .' �..
<br /> acceleratton in axotdance with paragaph 12 hereoi.Such not�ce shall provtda a perIad oi not less than 30 days irom tho ..
<br /> date the notice is mailed oc delivet+ed within wtuah Hornower may pay the sums declarod due. It Aorrower teils to pay
<br /> r���' sucA sums prior to tha expitation of euch period, Lender may,wit{�out turther notice or demand on Borrower. invoke
<br /> . ,, any rcmedies permttted bY P���Ph 17 het+eot. -
<br /> � NON-1JNIFORM COVBNANT'S.Borrower and Lender futther covenant and agree as follows
<br /> `?�'� 1�. Accaleralloa; Remadiav. Except as provtded in paragnph 16 hereot� or as othor�vtse reqvired by la�+. �
<br /> t �, ugoa Horrower's bresch of any coveaaat or agreemeat of Honower ia this Deed of Trust, iaoludiag
<br /> Bonoaer's failun to pay. by the ead oi ten (10)calendar daya aftas the date they are duo. any auma seeured
<br /> � � by tbie Deed of Trust� I.eader prior to acceleratlon sLall give notice to Borrowor as ptovided in paragcsph 12
<br /> ' � ' btere�o�specltying. (1)the breaeD; (2)the actio�r requind to cure such breaah; �3)s dat�.aot less than 2U dsys
<br />°" � from the dste the aottco ie msiled to Bortowea. by which sucb bresch must ba cund; and (4)tftat failure to
<br /> ' cute such bre�ch on or beiore the date�pec,tfied in the notico may�sult in aecelention of the sums secund �
<br /> • � " .''�'.� . by th�s Deed oi Teuat and sale of the Property. The aotice shall lurtt►es in[erm Bonow�r of itte right to
<br /> reiasYate aiter acoelentton aad the rlgtn8 to bring court actioa to assert the aone:Istence of a default or any
<br /> other defease of Borrower to aaxletatiwn aad sale. If the breich is not ourod on or before the dste apeciiied
<br /> � �� . ' l in the aotice. Lender� at Lender's opti�n, may declsre all o!t$c suma secused by this Deed oi Trust to ba
<br /> � F,r�;. immediately duo aad psysble without further d�rasad and may iavoke the power of sale and any oEher
<br /> `t;. ��:��;S; � remedies pxrmitted by applicablo la�v. Loader shsll bo entitled to.collec�all costs aad etpensas �ncutred ia
<br /> ;:;�..'.µ:=: purauing the remedies provid¢d iu thts paragrap6 17 to the e=tept permi3te�by applicable law. .
<br />-`f•��! ' I4 Lender invnkes th�power of sale, Lender or Trustee shall msil copies ot a notice of sale ia 4he ininaer
<br /> �,,.._r;
<br />=`-=�`�" ' �crlbed by applic�ble l�w to Borrower aad to the other patsaas prescribed by�ppltcable Isw.Trustee a
<br /> _x�a�tid1`
<br /> - :::'� " give aotice oi salo by public adveri3see�neat for the 4ime and in the manner ptesotibed by appllcable law.
<br /> =»:��L�,-:=v;��[;� 7Cuaeatee, Without demand on Honower,•shall sell ttte I'roperty at public anc�licm fv t�La�iigttas't bldder fa:rash _
<br /> '��'yt��.�' s4 si�e time aad place and under the terms dosignaQa�d iu the aotioo oi sale in oae or moso parcaDs�d in such
<br />'=':;����� at�os as Trustee may determine. Trusta miy postpone sale oi all ot a�q�arcel oi the Peoperby 8�aay Ister
<br />-�;,��,,�,�., ttaie on tho suae dste by publ�o aqnovaeement at the tjme and plact�af say previously s�➢t�duled sale.
<br />�:�,'-,��j Lender or I.ender's desiEneo may pur.chase the Property st anq'salo.
<br /> _�:-�.,�r`-�-- '�rostee sha11�9eliver to the purcL�ser Trustce's dead coaveygng the FrQperty so solcl without atty coveaan4
<br />-,,�,.:. ;, or �cv�nanty. ezpressed oz drimplied. Tlto recitals in the Trustee's decd eLgll be ptlrta facie evi�eiaca of the
<br /> _� �:..�:���
<br /> _:_::����-,,-�� truth oi tho stataments mai�c thereia.'Trustee s&all apply tt�e p=occads 4t�t"t'tte`sate i�i'tfie tollocvin�'order: (a)
<br />�:,-�_rx�� to�ll nasonable costs and espenses oi the sale. includiag, but not l�mited to.reasoaable Trustee's fees wd
<br />-_�--��'�� attorneys'fees and costs ai titla evidence;(bI tP all sums secured by tbie Dced oi Trust;and(o)tho oscess�If
<br />-�°--��"'"'� aay,to the persom or persons lagally eatitlad thereto.
<br /> � 18.Borrowor's RI=ht ta Re�astate. Notarithsmnding Lender's acceleration of the sums secured by this Deed oi
<br /> - '1'rt�st dua to liorrower`s breach. Borrower shali hava tho rigiit tu t�nvo eny pra��dings�gusz by L�tc2ter ic ession�s shts
<br /> - --= Deed of Trust discontiuued at any time prior w the earlter to ococm'oi(i)the Cith day before the sata of�the Propotty
<br /> - _��; . purauant to the poxer of eala conteined tn this Deed of Trwt or(iil��of a judgment enforcing this Deed of Trust if:
<br /> � __;;��� ; (e) Bomower pays Lender all sums whiaR would ba then due und�er t�is Deed of Trust and the Note had no accelaration�
<br /> ----,�avx-= occurral:(b) Bormwer eures all breaehes.�o4 aG�Y other.covenants or agreemants of Borrower contnined in tbis Dee�i o�i
<br />�;:�,��-- Trus� (a� Borrowet pays a11 reasonable e�pe�sea_ncuried by Letider aad Trustee in entorctng tha cuve�laats and �
<br />--=___ -- aSroemeats of Borrower contaiaed in th�s�Dq�oc1 of�i�ist,and in enforcin�Leii�ler's and Trustee's remedies as provided
<br /> B(
<br /> " �'��;•'� in paragraph 17 hereai�inaluding,but not limitcd to,reasonable attornoys'fas to the estent permitted by applicable le�v;
<br /> - and (d) Borrower tak�► such nction as Lender may reasonably req�ira to asst�re that the lten oi ttus Deed of Trust.
<br /> Lestder's interest in the Propercy and Horiuwer's obligation to pay the suma secured by thie Aeed of Trust shalt cottRiaue
<br /> � unirnpaircd. Upon suah payment and cure by Borrower, thie Deed ot Trust and the obliga�3tons secured herebp shall
<br />--������ remain in full fores aad effect as if no acceleration lsad occnrn�d.
<br /> �`-���� 19.Asaignmeat ot Rents; Appointment of Recoiver; Leadet ia Possession. As additioael sacurIty hereuader.
<br />-�--�::�
<br /> =�-�;.;.w'..r Hortoaer hereby asslgns�o I.ender the rente of the Property,nec�vided that Borrower ahalb.�orior w acceleration�xn,der
<br />�''�::=%`°��'`" '�,:"�' paragraph 17 hereof or aba�idonment oi the Property,have the r,i�4 to collect and retain�Uah zents as they bec�m�e d�ne
<br /> - '�'•;:
<br /> ;;r:;�s".;;::: and payable.
<br />=^r :`°,':.r.�.. Upon tcaleration under.,�geaPhY 17 hereof or abandonment of the Pr�gcaxty. ;Le��fc�k,,�r, persvm���r.ngent or by
<br />-�?���:�;;��.=.���� judicially appointed rxeiver.;s�caYl i�e entitled W enter upon.teke pos�sessioa c►P maet�A�o�$e��$,PropxrC�r�nfl w collect
<br />=:'`�s't;�:;'�;;?�' the renta of the Property including t2u�past due.All rents collected by Leczdea ar�1,4e��es�hall be applied Crat to
<br /> _-- •r:..r�`�:'.':` paYment of tha c�osts of managentie�tt�f the Property and collection ot renis, i�.�Icu�in�r'�:�z mot.limir.ed to, raxiver's
<br /> ��`��`.,, � Qees, premiums oa receiver's bonds and reasona�le attorneys'feea,and then w tltic sr�ms secirsed hy tRi�s�beed of Tntst.
<br /> ��''.',,.:,;� �,rt,t:��;; L.end6r and the r�ecetver shall ba liable to accous�t or�ty Por thase c'eats actvatiq rn.ceived.
<br /> ---.Y�'..tL-�- _._.._ ___.._..,,,....�.:s s�a.�,�Tn�. and.if this Deed af Trust secures a RevQlving
<br /> -`:� ----�;j LV.KOlOi9C.VpU71 gd7iilciti an ntt otiut`o owww..� .,......�— -- ---- •
<br /> .,,.;,•,,;�,�.:..,:, : :i Loan pgc+eemen�Borrower requests Lender to release this I?e�xl of Trust.Lender shall cause this Deed of Tnxit ca be
<br /> ;�:•.,��',t`��:;�r,��.�-`:� released aithout chazge to Bortower.Bortower ehall pay a11 oosts oi reoordatton.it any.
<br /> �'� 21.Substitute Trustee. Lender. at Lender's option, may trom time to time appoint a euccessor trustea to any
<br />- � Trustee appointed hereunder by an instrumeat recorded in the oounty in ahich this Yked oi Trust is recarded.W�thout
<br /> _ � wavayance oi the Property. tho successor trustea shall sucoeed to all the title� power ead dnties conferred upon the
<br /> " � Tru�tee herein end by applicsbls law.
<br /> _ � , 22.Request for Noticxs. Borrowar requeste that coPies of the notice of deisult and notice of sale be sQnt to
<br />- � Borroaer's addtess which is the Praperty Address.
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<br /> oe•YO-�a.e ot r.us:n� aR�oiwa �,,,�n'�����ii���e���� �:.:�:.:e
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