|
-----�... . _.�. .f.—. _ �...T-.---. ... . ,
<br /> .--�,--f---r--=- ` � � �. ,
<br /> ._;,.�=; � _ - �3-z�-._ :F- � -
<br /> ,. �<._., . . ...__.. �.. .. .
<br /> --�- -- ---� - _ �� _.:.
<br /> �.. :::.�.._._> = �.:�,.�.-r�---. .
<br /> � '__=^_� . �� ... . C—�e—,_t:,,.,.�.- .,.
<br /> .F. :"'"�.t ,. ' . „�- _t�.'--t"t"'"' �.
<br /> �: . . . x•i�,`C.,' '' -'�;c�I ' �` . `t�r _-E't s '
<br /> -- - S%--i=._ � ._ . __� ��,-� . -T , - � --:,!'- �.`-- - `� �K _ s- ._ -� ; <- -
<br /> _ r. _ � 'r_ ._... �r ._ . .! r'�'y � � �-E .<< bf- �L �.
<br /> �`; � ♦ < t � ..F ..l�y '�,t Q-' -SSS..��•<<.,� 'G . :n�::. - � r' --:
<br />. ' . , c . . �. �., �ct ,�7 <. ;?�_.__.'""t__}"}'_w "v._>���_.i.. �_}_ .s3 .,_._.��4= �-%��,..-..�e .5
<br /> Y�'r y.� a a' �_.�.._._..__ ._. - . �`.
<br /> - un.:
<br /> �z_�._.`�. ,k� y ��3�'S} '.�;
<br /> .<:. ;,�, - - �_ �i��� -- --
<br /> l,+ _..:.:.F ,",,
<br /> ��_wT` �`f�-�`.�. Unte�Leader aad Borrower otherwix agree in writiag,ang apPlicatiaa of pmooeds to principal shail aot extend or �'.:``.
<br /> - n;�;:� _.`:;�``
<br /> `. ;.- . ._;:�: . poscpoae the due date of the monthly PaYme�s referred to in paragcaphs I aad 2 or chaage the amouat of the payments. -:F ,_,...,.
<br /> �.�.:-° in�mntC6 liCif,4 8IId �''�'
<br /> If under paragraph 19 ihe Propercy is acgirired bp I.ender. Bornower's righi t4 sup Po PF°ce� --:�-��, :
<br /> - � �- res�Itin fmm to the Pmgerty priar to the acquisitioa shall pass w L$ader w the eatent of the sums sec�ued by >:�,.
<br /> ,s,� :` .' thia S�urity�nsomm�eat immediately prior to the aoquisitioa. ,''4-
<br /> �.:" ,:'F:�: -K.� Y<_ -
<br /> �=° �.`�„ 6.p r e s e r v a t i a n a n d M s i a t e n a n ce o i P r o p e r t y; L e a s e fl o t d s; Coadominioms; Planned Unit Develop�ents.
<br /> < < r ' Horrower sha11 keep the Propertp ia goad repair and abail not commit waste or permit impairment or deteiaoratioa o f �`
<br /> ,5,:�;;;>;` the Property and sLall oomply with the provisions of auy lea�if this Deed of Trust is on a leasehold.If this Deed of •,_�:_
<br /> -.�'_L--�-y�.; Tn�st is on a uait ia a candominium or a planned unit development, Bosrawer shall perform all of Borrocver's u4.:.:�`:
<br /> y�'�- obiigations under the declaration or covenauts creating or governing the condomiaium ar plaffied wtit developme�rt.the
<br /> , tr!. �
<br /> �._
<br /> f;' ,` ;. by-laws and regulations of the candominium or planned unit development,and constituent documeats.
<br /> : :� �: .t'�: 7.Protectioa oi I.ender's Security. If Borrower fails to peaform tfie covenants aad agreemems c�ataiaed ia this �. , ',
<br /> .;.�. ` r`�{:::: rusf. Y Proce�iaS is ooinmenoed which materially affects I.endei's intecest ia the Propetty. �
<br /> -� -s-,-�:- I?�ed of T or if an actioa or r-
<br /> ` . �`. .�--•.;` then Leuder.at LesidES's optioa,upoa aotioe ta BoFrnwer,may make such appe�aaces.d'isbuise such sums,iadvc�ng �., f.',
<br /> - . ;:., Le ��-.. -
<br /> -•='`°'.�� - "� reasnaable attorneys'fec�,aad tatce sncD aetion as is nece�ar9 to protect Lende�s iaterPSt.If L,ender required murt8a8e :x�';`,_
<br /> v.�-�°� ..,.
<br /> `��-�;t i��' insuraaoe as a caIId'ition of saakiag the loan secured by this Dee�of Trost.Borrower�pay the premiums s�it��° `:;�-=;�:'
<br /> ° � �`'fi-:�: �� tesmiaates ia accosdeace with
<br /> _�::�:_,:��.� ��a�. maintaia sucfi insUrance ia effect�mu'1 such time as the ent for such iastuauce .,! _
<br /> :,_:����:;+;�.
<br /> �::�:o`<<,«t:--:a� Barrowei's sud Leader's writtes► ageement or applicable ]aw. AAy amounts�sbussed bY Leade�' P� to this r;�_,�'`
<br /> �
<br /> .� ���j:5; L�P�Ph 7 with iaterest thereoa, at the agplicabl�coateaci retar s1�aU ba�me ad�tios�al�ins�ebt�edness of Bormwer <
<br /> .:•s: �,.::.-�" • such amounoa ehsU f�e -�
<br /> ' �,{'%.�.' ;=�'i secured by this Deed of Tr�. Unte�Borruwar aad I.eader agcee to ather tereas of 1raYmeat. ��<-•.,,`•:
<br /> - ��``"� meat thereoi Nothu► conmined ia this�ragraPh 7 shall
<br /> . ' `��• PeY���a nntice 4ram I.end�r w Borto�ver r+equestiug pay S
<br /> �°� '.:;. - _ �;�• require I.eadet ta incur any espense or take aay action I�ereundet. • . ',,;:�:�.:
<br /> - 4'';���¢' 8 Inspectioa. Lender may make or caase to be made reasoaable eatties upau sad iflspections oi the Property. -_;.-;� _
<br /> ,. `��;:_i` �'� speaifyiag reasonable cause thet�inr reiated : <�4
<br /> �:�-,<,..r,�°��� pmtr�ded tbat Leader sha11 give Borrower aotice grios to any sucb iaspectioa �i; ;,
<br /> , ' ' to Leadefs interest ia the Pmpertq. ���on wlth any `� �
<br /> - �� .°��'=� 9 Coaderawatioa.The praceeds of any award or ctaim for damagea.direce or consoque�ial, , �
<br /> ,-. .v;�s��ff... :_ :. condemnatioa or other taking oi the Property.or Fart theteof,or for coaveyance ia Heu o4 coademnation,are hertby , =f�:•
<br /> � .�':�-: e�t
<br /> ��.. ; ". assigaed sa8 sball be paid to Lender,subject to the teima of any mortgage.dad oi tn�st or other�e�utk9 a8ces�
<br />_ :..-,;;:.,� ,.:Y�;•.� _ _:;:
<br /> ` - r� �=r�: witD a Iien whteh hss prloritp avet thia Deed ot Tiust. �
<br /> f �'� 2 L: 10�ornowes Not IIeteased; Porbeatance By I.eades Not a Waiver. Satensioa oi the time for papmeat or �
<br /> .. a
<br /> ;..,- '.�'� 'aiodi�eatioa of amartization oY the swna s�d by thie Deed of Trust granted bq I.euder ta aap s�r ia u►tereRt �.
<br /> .�,;.<,,..,.,t.:..: -��:,,;
<br /> ��. _y�.'>';.: ;w!:`�, of$orroares and all other parties who ase or hereaftet become�andarily tiable ahall.aot opetate w rete�„ in afly =,,�.`
<br /> ".b:^"_'-.�:`Irr c.L.a} [
<br /> .._,-v...•..;�z c%�.
<br /> � ��:,� . .,.. ....; � ;, • maanet.the•�iabilit9 of the origiaai Borrowet and Bormwer's s�u�so:s ia iaterPSt.`L e n d e r shaU aot be r e q u i r e d to �;,
<br /> ':r��:�:�`.�>°��� commeace preceeding8 agaiast such sucoesgor os refuse to eatend tinte far papmem or osherwise madifY amortization .•..
<br /> , ��� 4:� Borra�ver and Borrowet'a ,�
<br /> � of the sams secured by this Deed of Trust bq reason of aap demand made bY��&� �"_
<br /> - -T�`�.,;_=` suoc�ia iutes+es�Anq fasbearance bY Lender ya eaen�ising anY right or ramedy here�mder,'or othe�rwiise affasded bp —_
<br /> 'u
<br /> �"` " ,_' applicabYe lnw.ehall not be a waiver of or preclude tlie esarcisa of enq sach right or�y. _ _
<br /> . .,,,,..;��.� �:��:z;�- 11.Snccessors aad Aasigns Bound: loiat and Several Liab�lity: Co-siSuer�.The coveaaa��aad agreemente ---
<br /> , � `- ;-`'�,: herein canteined ehatl biad.and the rigsts here�shaU inure to.t�e reapec6ve saa;esso�a a d asaigns of Leader and =-_
<br /> �;::,..-: .:;;:.;':,;,::.
<br /> .:,r.�f;: Borrovier,sub�ect w the proo�Slona of para�raPh 36 hes�i All oovenaata add ageeements of Borra�ver sbat!be�oint and _
<br /> � � ssveral.Apy Borrower who eo aigns this lhed of Truet,but does seot esecute tAe Not� (a�is oo sigaing tlus Dead oY _
<br /> .�: "; �``. Trust onlq to gtan eY - ---
<br /> ;::,.. .�__:� t aad conv q that Borrower's iate�t�a tna Property to Leader under the terms of t�ia Deed o4 Truse,
<br /> ``";•`:,`:�� `-� .*; (b)is not pelsonal�y liable on tha Note or uader tl�iis De�oi Tmat.and(e)aA�ee�that I�ander and auy.other Bonower =_-
<br /> s
<br /> -,s:.:,�::>. ,.: .�.�.. - --
<br /> :: .�'.. hereundet may agree to estend.madif9.forbear.or maTce eny other�ocommodatioas with repcd to the terms oY thts !
<br /> _ --;,�-.;�:'��- �• Deed of T�rst ar ttie Not�e.wittioiit tLat Horrawets caasent and without rele�sing tLat Horrower or modiiqiag tbis Deed _
<br /> , e �,
<br /> 04 Tr�t as to tbat Borrawer's iaterest ia the PrapeMy. hc�ble 1aw to be g►vea ia aaother meaaer. (a)aaY aettca to -
<br /> :; =;•. - . 12.�Nq�t�e�. Esoept for aay nottce required undes app" -.
<br /> `,�L�� '• Bonoarer.pruvid�for ia�tttie Deed oi Tsus�eball be gtven bq delivering it or by maitiag such aotica bp cerdfied ma�
<br /> ��'��, ::r" arer ina dat b not�ee to�.ehder . ��"`
<br /> : ,�� . �:.�:,�`. addr�sed to Borrower at the Proparty Addrese or at such othar addr�es Borra Y gpats Y no
<br /> �;�:�•'':::. -`-` es ptovided hesein.ead �b)anY ao�ae to I.ender shall be g�ven by certi4�ed mail to Lsndar's addt+eas stated herela or to �;;-.
<br /> :� �'�: sucL other eddre�me LeaQer may desi$nata bq aotice to Bdrrower as pr+avlded hereia. Az►Y aotice pruvided fos ia ttiis . � _-
<br /> �.. '' �,>. De�of Tr�t st�ell ba deamed to bave been gtven w Borrower or Leader whea�givea�A tha maaaer desigoet�A bereia. -
<br /> '�,��;-�.. , �::•• °;- -
<br /> �`.:'�; ,: 13.Oovarnla�Lsw:Sever�bil�ty.TAe stste ead toca3lawe o4 the�u3sdia8aa ia wbich the pro�rty is 1oc�ted e6a11 �>_�_=-
<br /> = ��. ``�� aPPly e�capt.whsre sucb tawe coatlict with Federal law;In wbicb eesa. PEderallaw ebaU apply.ta the�veat tLat aDy _
<br /> ', . .r;.,..
<br /> . , provIsioA or clsuse ot thiie Dee4 oi Trust or the Not�coatltcm with epplicabie law�s�cn ooanice sttall aot stfeet other __n.
<br /> � ',:..:,;; pmvision9 0�this Daed o!Tiuse or the Note wtdcA am be gtvefl etfect withous the conflicda�provisioa.aad to tbie end . _;
<br /> ,�;:x; '��:`:, the provisioas of tLis D�d�04 Tntat sud the Note ere declared w�be severabta As used hesein.°cast�,�"espe��."a�d� �,_.
<br /> . �="';'F�.• ^attorae�s'fee�"in�tude aU�sms to the astent aot prohibitad by eppi,tcablelaw os limited herein. - :;
<br /> ':;,� ':{:.;;` 14.Horrowe�s Copy. Honower ehaU be ivmished a eonfonaed�pY ot tha Nots and oi this DeEd oi Tivet.ii �:=y:
<br /> � ;�'', .;:� ..��.�� reque�ted.et the t&ne of asecutton or after rawrdation hereof. :�,.,
<br /> :;. y,�.;;�':.." iS.Re�tabilitatlan. Loan Agreemen�. Bo�wer shsU iu1�iU all oi ]�ormaefs ob�t$,atian� under any home
<br /> � . -:���` rebabilitation. improvemeat, repair. or other loau age+eeiaem which Bosrowet enteis iato with Lender. Lender. at
<br /> ''"'':��-: :J � Lender's apttoa.a�sj►r�quite Hortower to eaecute aad delives to Leadsr,�al e form aaeptable to Lender.aa ess�gameat
<br /> :.�`.;:; of anq r�ghts.cla�ma or deteases wbieh Borrowet msY�ve against Parttes who suPplY labot.materiais or services in
<br /> ; oo�ectioA with imptovemenm made to the Property. oi the Fropertq or an iaterest thereia, , :
<br /> - ��::` I6.Tsanster oi ffie I'ropariy. lf Borrower sells ar transfete all or aay parc Per �;�:l:
<br /> �,'�_�--!-';;, eacludlag(a)the creattan of a lien or encumbrance subo�diaate to tbie Deed ot Ttust. (b�a treasPer bq davlse.desceat�
<br /> _ � :`�._;:„::� or by operatton oi 1aw upon the death of a 3oint tenaflt,(c)tha grant oi aaq teasehold int�t of tLree yeass or 2es�IIot -`��
<br /> -- - coII,ta;a;ng sa optian to purchasa.(d)the creatiun of a purchs�o moueY socu�ty�terest for h�usehold eppl�ances.(e)a �
<br /> -- - tranafer to a re2ative resultiag from the death of a Borroorer,(f)a traflsder wliera tha spouse or c�itdren ot the BortoWer
<br /> �_�:::::
<br /> .�''� become an owaer of the proparty. (8) a transter r�sltiag Yrom a decree of dissolution a� maniage.te�al sep�atioa `
<br /> ..�`` °'��� ag�euient. �; fram aa iacid,-at�t pmpertY s«�lerelent agreement, 1�Y which the spou�of the Horrower becoma en ,;
<br /> ,
<br /> -. •�. � ,
<br /> ,». .,
<br /> �, , :
<br /> ; � . .
<br /> ': ,:,;::_::' (��������������������� eaoarasa � �:
<br /> ,;; _,: �. oo-:ase oeoa er rr�m n�s o»�eiwu •';
<br /> `_i;'.� . .. • ��: ,
<br /> �.. - -- .
<br /> , ,..,
<br /> ,. . ,. , • ,
<br /> , ,:. _
<br /> -_- ,., ,;.. --
<br />
|