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<br />_,m-���,.�.,� ' �(��� 4905751 10/31/1997
<br /> :�.,T,r_; 1� JbBL J HEF•TERMIINN Jl�NNIFgR L HBSTERMANN 97'°
<br /> , . , ` • 9.Ca�dennatlon.Tbe praceeds of �ay awud or clalm for dtmtges,direct or consequead�l.in coanecdaa witb twy
<br /> • � condemxudon or olher tikin�of tbe Property. p�P� ���'f.or fat conveyaace in lieu af condenuwtion. sue 1xrcb9
<br /> �' ' assigt�d�nd shAll be p�ld to Lender.wbject ta tl►c temtS of auy raortgage,deed of trust ur other secudty ogr�emeaQ with a r=.-
<br /> '� '�► lien which ha.o pdoriry ovcs this Deedof Trust. ��-�'
<br /> �v. B l.ender Not a Wdver. Hatensian of the ttme for p+�yu�ent or .
<br /> 10. Borrower Na itele�edi Forbe�rance y
<br /> ` ��' modlflcntion of amortintian of 11x sums secuad bY thig De�1 �f TNSt �nmted by l.ender to my succes�r ia latenst of
<br /> ° Bc�rrower sfu�tt uot oper�te to relns�e,In �ay +n�r,the Il�biliry of the odQiaal Batmwer and Bomower's successars in
<br />- ��° � '� interest. Lender stutll not t+e aqulred io coma�ence proceedlnQs aWdust�ucb successor or retl�se to extend dme far pxyruent --
<br /> or o�herwisc awdify a�uortiz�daa of thc sums s�cuted by thls Deed of Tntst by rcASan of aay demmd uude by thc odginal
<br /> �-�i� Barrower uid Borrowet's successors la"suterest.My furbexr�ucx by Le�xler iu�xerctsiag uny rlttht or cemedy hereunder. �.
<br />_� or otherwise�t'forded by�F�Plicable�iw, slull not be a w�iver of or preclude the esercise of u►y such ci8hc ar remedy
<br /> 11.Succee�on and M�IPti HouM1�JotM aud Se�eral UabtlNyR Co-slt�ecs• The coveaaats u�d�grxzneats derein
<br /> - - conained siWl bind.and the dghts txreund�r s1uU inure to.the nspecdve successors and assigns of Leader u�d Borrower.
<br /> . .� .� subJect to t6e provisia�of par�grwph 16 6ereof. All covenwte and sBm�nents of Borrower ��af Tn�st onlY�to
<br /> � pny Borrower who co-signg tUis Deed of Tn�st,but does not eaaute the Note,(A)is c,�-si8Wn8
<br /> • '�• graat and eonvey tl�t Bormwer's iaureu in the Pcc►pertY to Ttustte wider the tecros of this �ad of Tiust.(b)is not
<br />:;:�;�.;::: ` personally liable oa the Note or under shis Dced of Tsust.and(c) pgcees that Lender and any°dxr H°n'°w�r hereu°der
<br /> � ;`� may Agra tu eacend. modify,fatbeat,or make aay other accommocf�dons with reBard to tl�e terms o£tli[[s Deed of Tnut or
<br /> �� �;:�`�� the Note,without d�at Aorrower's caasent aud wtthout relasing thst Bonower or modifytnB tt�is Deed of Trust as w thxt
<br /> `�'�'` � Borrower's fatenst in the PropectY•
<br />;,,`_.
<br /> s �`�`` 1Z.Notke. Bacepc for any t�otice raluired uad�r applicable law ta be given in another�r.(s)anY � �°
<br /> y,y
<br /> "��'�• Borrower pmvided for in this Deed of Trust shall be given by delivering it oc by maiUnB such nadce by ce�dfi�d 1 .
<br /> -,:';�^' addressed to Bormwer tt the Pcop�rtf'Addcess or at such other nddress as Borrower unty desigmic by notice to L.ender a.4
<br /> `r' provided henin.smd(b)anY ndlce ro[.ealer shall be given by cerd6ed mail to L.ealer's address stAted bereiu or to such
<br />_ ,.. 's� ' other address as Lender may design�te by cotice to Borrower as pmvided henin. Any nodce provlded for in this Deed of
<br />:_t,_A�.
<br /> �;.•, '('nu�siWl be deemed to luve ban �iven ro Borrower or I.ender whea givea in the�r design�ud herc .
<br /> . , 13.Go�erning Law;Seva�biiky.The state and local laws applicYble to this Deed of Trust shaU be the l�ws of the
<br /> `�'*'2�'�'' jurisdicdon in wWch the Pmperty is loeated. The foregoing senteixe sh�ll not limit the appltcability of Fedecal law to t61s
<br /> „,.;..
<br />"-_° Dxd of Tn�st. In the event tlnt a�ny pmvislon or clause of thls Dced of Trust or the Note confltCts wltl�aPplicable w.
<br />, *f'",,'
<br />'�. �` such coutlict st�all not affat ot4e=provisions of this Deal of Tnist or the Note which can be given eHxt wit2wut tLe
<br />="��=�� conflicdag Provtslon.and to thls ead tUe provtstons of tWs Dad of Tcust and the Note are declued to be severable. As
<br />.-:� aa M w • • w � w �C1b1C�ilW 0!
<br /> -��� used henin, costs . eapeascs and attorneys fas include dl sua�s ro the extent not prohibitod bY aPP
<br /> .,-;�>��.'z� limited Iterein. af itst IJott sssr!!Qf thla 1)eed of Tn�st at the
<br /> ---__`�..�;�� 14.Borrower's Copy.Bomower sh�lt be furnished a wutvc�,;cct�:apy
<br />_ __=�� ti�ue of execudoa or after recorduaaa hettof.
<br /> .-�-•�� iS. Rd�bilkatlon Loan �0�• Borrower shall fu1fiU all of Horrower's oblig�dot►v under wy home
<br /> --�--- u Lender's
<br /> ----� nhabiliadon,iaoProvewent,reQ�ir or oiber lorn agreemeat wLich Borrower enur�into with Leader.Le�er. �t of any
<br /> -°•°�-,� opdoA. roaY reclut�+e Borrower to execute and dellver to Lender. in a form Accept�ble to Lender. ut assignme
<br /> �::�._..�
<br /> �-_—- rlghts.clai�or defenses which Homcsvror miy lu�ve sgainct puties who supply labor.materlals or seevices in connec on
<br /> -�-''�'° wlth improvements m�de to t6e Praperty.
<br />_—----- if.Tramta ot the Propat3'x a Benellci�l L�terat tn Borcower. If all or aay put of the PropertY or my i�uerest
<br /> -�''�'°'� in it is sold or uaastecced(or if a beneficial intenst in Borrower is sold or uaa5fernd and Borrower is not a n�tur�l
<br />-�s person)wlthout Le�er's prlor wsltten coasent. Le�ler a�y. u ics oQdon. raluire immediate pnyment ia fuU of�II sumc
<br /> --- sxuml by thia Deal of Tcust.However,tbis opdon sha11 not be exercisal by u�ter if exetcise[s pc�oLibited by fedenl
<br /> law as of tLe dAte of thts Deed of"TNSt.
<br /> If Lender eaercises thfs aptioa�er sh�ll give Borrower iwdce of acceleradon.l7je nodce sh�ll provide s perlod
<br /> - of not less than 30 dtys fcom tl�a due tUe mdc�is deiivered or mailed within which Bormw�r must pay tll sums secured
<br /> _- "- by this Dad of Trust. If Bozrower fs�.ils co p�y these sums Prior to the expiraaon of this pertod.Leuder m�Y�*���y
<br /> __-°�_-� nmedies permittod by this Deod of Traut wlthout furthr•notice or demand on Bornnwer.
<br /> �-��.T�� NON-UAI�oRM COVBNAN'IS. Borrower and�rifurther covenanl and�f'u�°��wer's brach a[ anl'
<br /> .--- 17. Acala�tloni Remedle�.Exapt �s pa'a P�RaPb
<br />_-=--.�- oo�auM or�P'e�t at Bor�ro�in ttds Deal ot Tntlt�includin� Barrowa'`e[Wure eo�p�l,�b7 � shl a�e
<br /> . - :,.`- qknd�r t4ys afta tdey are daae�any sums eaurcd�9��jM�°�()the�braichi (Z�adton req�red to au+e
<br /> .�-�� notia to Borrower as provbkd Ia prwpaph
<br /> such M+ach3 (3)a d�te,not kae tlwn ZO d�ys[ran the date the notioe b m�ikd to Bocrower. b7 w1Jc�aucd breach
<br /> -�_-_�':�� must be curedi�(4)tNwt fa�lurt to cui+e such braich on or be�ore tBe t4te spedtkd tn the aodce may'r�Wt in
<br /> �_,;�;�?�%� acodauton o[the amu s�au+ed b�thi�Detd of Trwt and a�k o[tt�e Propatiy The notioe shall t�utha Intam
<br /> _;�y,-
<br /> v'"��?� Borrower ot tbe ri�ht to rel�te tita wcodaatbn and the rt�t ta bri�a oourt acdon to a�ert tbe nonexfetanoe o
<br /> �: :-�� ��.
<br /> -_Y1.��;,; ; s de��tuk or�other de[eme d Borrawer to aooderatlon�nd eale.It the braich Is iwt cured on ar be[ore tde e
<br /> °., �' t;�a• specitkd In the ndloe•La�der�K Lmtler's optbn,nu�y declare ell o[the smu secured by thb Deed a[Tru�t to be
<br />�'��`�`.�.` ,� liemetit�tdy duc �nd ps9abk Mithout tYuther demand and imsy in�oice the powar of aale and any otl�r remedles
<br /> . •:r� . ��� by �ppp�abk I�w. Lender shfll be d�Ntled to oollecx nll reawnabk oosts �nd exPeax�lncur�^ed In
<br /> . . pursutn�the ranedtes provtded hi thls par�l�h 17.includin�,but not Wnited to,e�aisonAbte�ttorne�e'fees.
<br /> " � .' � It tbe power ot sale is Inv�ketl,Tru�tce stuil record�notice ot default Ia each rnunty fn whtch the ProNert�or
<br /> sane pact thereot is located and studl matl coples of such �wtice In the msinner Prescribed by Appitcabk IAw to
<br /> � � � Borrower�mi to the other pe�oas prescrtb�d bY+�PWicabk Uw.Atter the lapee of such tlme�s may be re9uired by
<br />� '� ' �ppikabk law, Tn�sta stWt �he puWk noHce ot s�le to the pa�ons and In tbe manner p�+e�aribed b! �pP��
<br /> -'-�--- --.� _LU..n.�a�..n.�tv.t■wblic at�cHon to 4he hil�Wtldec at t1fE tMie
<br /> '._*'."",�` t�w.Tnnt�wiinoui dan�wo w��.,..a►o...�..o.,.........,�_-, --�--
<br /> - .�,.. . t �
<br /> and place and unda�t6e taima destp�ted[n ttie notke ot sale in one or more p�roeb and in euch o�dar a�Trwtee
<br /> . �. may deteemine.Tn�ta m�9 P�P�stk of ail or u►y p�rod of the Propa�tY bY Public�nnouncane� �lime
<br /> ae�d place o[�ny previouslr actxduled a�le.Lender or I.�idar s desipiee may pnrclwe the Propa'ty
<br /> vpon��c oe ay�«�c ot tlx pda bld,Tn�tee shall dellver to t1�e purch�'Tn�tee'd deed conveyi�i the
<br /> property sold.The reclta�s In tAe Tn�sta's dced slwll be prima ficte evidenoe o[the tnRh ot the statements nuide
<br /> thereln.Tnutee a1W1 apply the pe�oaecb ot the sale In the foUowint order:(a)to aU re*sonRble ooab and acperoes o[
<br /> � the sale�includln�,but not itmited to, Tn�ta'a fas adwtly incurred of not more ft�an S 4b ot tlx�rass s�le prkx+
<br /> raso►wbie attorneys' [ees and costa ot titie ertdenc� (b) to aU sums secared by thLs Deed of Tnut; and (c) tlx
<br /> excqs,if any,to the lxrson or pa'sons 1t�11Y mtttled thdtito.
<br /> Nebn�lu 26876-3 7/97 origis�al(1t�aord�d) Copy(eraaah) Copy�Cu�tom�r) Page 3 of s
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