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<br /> !� - ��e "� - ���i� �Page 4 of 5�" ';��;�:
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<br /> '��=�:` ow�r of the property,ih)a transfer i�o an inter vivos trust in wtuch the Borrower is and remains a beneficiary and �r
<br /> . . ' . which does not relaLe w a traa�er of rights of ax:upaucy in the ptoperty,or(i)anp other uaaafer or�spostuoa ,' _J�-
<br /> '� - �. .� .�-';;;' �SCn'bed in segulations prescxi'bed by the Federal Home Loan Bank Board,Borrower shell cause to be submiued `'�-��s
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<br /> �' •:''` � �� informadon reqtut+ed by Leader to evaluate the trsasferEe as if a new loan wer�being made to t6e transferee.Borrowec r��i�
<br /> ''� �•`�,:�`''` will coatinue to be obliga�ed uader the Note and tlna Iked of Trust untess Lender raleas�s Bosm�rec ia wsiting. ,�-�
<br /> .�V.'z��-=�',.-°�i" If Leader does not ag�ee to s�tch�ale or transfer,I.ender may declarE afi of the snms secured bp this DEed oi Trust to ����r�_�
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<br /> be immed'iatelp due and payable If Leader eaercises such aptian to aocelerate, Lender shall mail Borrower notice of �.�..._
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<br /> � ,.�:�� ;°K=. ' aa�lleration ia acmrdaaca with garagraph 12 hereof.Such notice shati provide a period of not ieae tbaa 30 days from the ..��.:;
<br /> ��'�y�`5� daie the aoiice is maeled or delivered witbin wlnch Bonoww�er may PaY ffie sums declared due.If Borrower ia�s to pay �.'�'•-
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<br /> ==` such sums paor w the eapis�atioa of such period.Lender may,without f�srther notice or demaud on Borrower,invoke .:.,� ,
<br /> .��'�.�•w�.;`:` any remediea peimitted by paragreph 17 h�eof. ,_;
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<br /> '�r NON-UNIFORM COVENANfS.Bon+ower and Leader fwrther covenaut and agree as follow� �u
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<br /> t� I7.Acreteration: Remedtes. Escept ss pravided ia paragraph 16 hereoi, or ss otherwise reqnired bp law, �:
<br /> r�: apoa Bosrowes's breacL of eap wve�t os ag�eement of Banawer in t6is Deed of Ttost, including = �
<br /> �` Horrowe�s fs�7ore to Pay.by the ead of tea(10�calendar dsys after the date they are dae,auy sams secored �� yj{f
<br /> _ ,,.:�". by ihis DeeB oi Trast.Lender prior to acceleistion shsU give not�ce to Horrower as provided ia paragrepl� 12 �. r�._'
<br />- ��`�-�,,.-`_-��.� heceof specifYia� (1)ihe breach; (Z)the actioa required to coie such bteach: l3)a date,aot less thaa ZO dsps
<br /> `.'�� ='��:::�=..��' fsom the date the aatice is mailed to Harrozver, by which such bresch mast be cured:and(4)tht►!fa�lnre to :
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<br /> _ :-_-�:,�, ctrre saeh bseach on of before the date speci�ed ia the not�oe may�eault in aeceleration of the snms secared �`'k{:
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<br /> � °:';:'r;�`- by tbis Deed oi T�at sud sale oi tDe Property. Tite aotice sheU iorther iafarm Hortowet ot the rlght to :'.i;_
<br /> '"'�` .'`=:'�:%�� se�astate after accelerstioa ead the sjgDt to b:iag court action to assert the noaeaisteace oi e de4enit az any
<br /> �:� ` ,`�` other defeflse oi Honowes to aaeeleration and sale If the breacb is not enred oa or betore the 8ete specitled �,���'
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<br /> `.�=`'�� �ia the aot�ce. Leadaor.et L�sndet's optioa. m�Y declate a11 oi the stsms secared by this Deed ot Tiust to ba "''y:-;
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<br /> . - �..;�:.,,;= ima4e,diately du� and�PsYab2e wtthoot �arther demaad sn8 anay iavoke tho power oi sa2e aad auy other ,�:,.,::
<br /> -� � � � aemed�es permitted by epplicablo law. Lender shsll be eatittea to collect aU costs aad espenses iacnned in ,
<br /> _,,_ .. ..,:.,;,. puirsuiug the remediea provlded ia t�is paragraPh 17 to the exteat permitted by applicsDle law.� -,-;:
<br />- � ���'y� ' Ii Y.endBr�Tavokes the power of sa1e�.Lender or Tiastee.sball mail copiea oi e aottce of sale iu t�e a�saner ,t•:>``�:
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<br /> �� , p�setibed bF sppltcabLe isw to Horrowes aad to the other pezaons pres�ri b e d bp app l ica b le l aw.T r a s t e e s h a ll �..
<br /> ` �` give not�ca of sale by publie edveriise�ent ior the tiine and ia the maaaer prescsibed bY aPPl�ceble taw � � �:
<br /> T r a s t e a w�t h o a t d e m a a d a a H a n o w a r,s b a l l s e l l t h e P r o p e r t y a t p n b l�c s u c t i a n w t h e D t g i t e s t biddes ior casL �� "
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<br /> ,-�,;,Y4.. at the time eud pinae aad undet the terms desigu�ted In the not�e af eate in oae os awse patcels aad ia sttcb :
<br /> ,f �`�, ardet as�iastse msp detesmi�.Ti ostee maY P�Pone sale oi aU ar aay parool o�the Proyerty to aap later �,`_
<br /> .: � ti�e oa the saa�e dste by pablic anaooa�eut at the ti�ee aad place of aap previously sehedaled sa2a �,
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<br /> . . ';: ...�.:�:.:.�,s Leades�I.eader's designee msy purcLese the Propetty at any sale. �.=L'�:
<br /> �'�:<: ��:-":��� ��-;:+ Trasteo eha1�deliver to 4he pus+c�ases.Trastee's dee�conveying the PtopartY so sold without aay coveaaat �` --`_;
<br /> '• "� '�' �.: or wamaty. esp�essed or tmpHed.The nettels�n the Ttastee's deed shaU be prlma gaeia evldenc�o?.the. �` --
<br /> :� ttath oi the st8tementts made thereia.Ttastee shall apply tlte�taceeds oi the sste In Uta fo3low�g vrder. (e) � -
<br /> ,�'����:.,:.,`,�;.;::. to a11 reasonabte coste sad expenses of.the sate. iaalading, bot not limited to,reasonable Ttastee'e fees and �:;
<br /> �`.�: T atiosaeys�fees and.costs oi titte evldeace;(b�to 8II suaas secosed by tLts Deed ot Tsnst;sud(c)tne exc4ss,it �°-
<br /> ' . � aaY.to!�o parsau or po;sens 1egaUy eatitted theseto • . .�
<br /> `' � � 18.Horrowe�s Rlght to Ralnatnta Notwlt6standing Leadar's accEleration of the su:ns sec�u+od�bp tlns Deed of [k -
<br /> : :��:;t_':,:;;;�t;�.°,; Ttust due to Battowet's bresch,Barrawar ebalt l�ve ihe sight to have as�Y proc�Q3Ap begun bj►I.eadet to en4orce tbis E
<br /> ` � i voed ci Tivsc discont�nued at aay time pr�r to the eatlies to occue of K}the N t 1�d e y b e 4oro t h e e a le o f t h e P r n p e s t y . �.'
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<br /> - pu�suant�o ttte powa oi sele conteiaed i�►tL�s Dee�d o4 Trust os(ii)eatry oi a judg�nent eafontag tbia Deed of Truat i�,
<br /> .�"�,;'�.-:.';;:�;.�. � (a)$arrower pay�I.euder e71 sums wtdch would be Uien�ue uader this.D�d art Ttust aad the Nats had aa ec�er�ioa ��_
<br /> _ . . oocurted:(b)Borrav�er cus+ea s11 brgachee of aA,y othes aovenaats or ageeeme�04 8osinwer coataiaed ia this.�oe0 04.� �
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<br /> ,." Tsvsfi �o) Bmrowes pays a11 reasos�ble es�nses�iacun+ed bY Lendar end Truetee in eniorctng the aovena�ats ead
<br /> _ . �ge�ements of Bonower•eantataod�a tbis Dbed o!Tivst�and ia enioreiag Lwider's ead't:uatee's e±ea�ed�es as provlded _
<br /> ge�
<br /> `��:; • , in para�►17 heroai,iacludtag�but aot ltmit�to.reasonable sttotney�,tas to the ast�at permitted bq app�icebte tew;
<br /> .. ' amd {d) eorrawer mtea sucA acttan es Lea�r maq reasoaably require w es�vio that the tten o!Ws Deed of Tr�t, � -'=
<br /> � '���� Leadet'�iates+eat in tha PropertY ead Bon+ower'e obiigatton to pay the c�sme secured by this Deed o�Tn+st eheU coadave
<br /> , : �:,. uai�pa�zed.Upou auch payment aud cure by 8osrower. this DeeO ot Tr�t aad t!�obl�pttons securod hei+eby ebe11 � ;
<br /> ,;�.,:; : � ��. te�eia ia�ult faree and eiteat as ii�acceleratioa�occutred.
<br /> -- i9.Asstgoment o4 Reflta:APPo9atment o t R e c e ivar; L e a des i a Poss e a s loa. A e a d�i t l o a a l s e c u r i t�►h e r e u n d e t..
<br /> ' _ ��::',�;� $orrnw�t hereby asstgae to Leader the r.e��s o4 tha pmparcq.A!'ovided�that Borrower sbaU.yrlor to acce�eratiaa��mder :-
<br /> ..' ` p a r e g t a ph 17 hereot or abaadm�meaE of the Ptoperty.l�ave tha�right to cwllect and retein sucD rente as t�eq bocoma due u`:-
<br /> , ,;;;; �°" aad papA'62o.
<br /> .,,,,'. 1?heteoi or abandonment of tAe Prcperty, 1.ender.ia Persop+bY agent or bq
<br /> : Upoa ec�leration uudes paragraphp -
<br /> ,':�'.:�;�t:� ;udtclallq appoiated receiver.sbaA�eatitled to eater upon.take posse�sioa o!aad mansga tha Propertq ead to aoUect ,,,�
<br /> ��',� �:�'�'„�,:: `-r,:�` the s�eats of tha Propertq iaclud�ng thosa gass due.All reats coltected by Leader os the reeelver sba11 be appSi�tl�st to .�=;;..
<br /> `r .. '':'': . PBytrieAt o�tho CoBfe of t118II8$etIIeflt Cf the Prop'eltq SQQ CollCCtion ot teIIt9�taclud�ng,but not limited to�receiver'a 't ���.
<br /> :: .• ::'' fees�prem�uma on recelver's bonds and reasoaab2e attomey�fees�and then ta the aums securod by thie Doed of Tn�. �t°
<br /> . ;�:.,: , ;::�``�'' Leader and the recelver sha11 ba liable to acceuat oalp for t�ose reats aatuallp seseived �'�-`�
<br /> : �'��` ?A.�elaase.Upoa paqment of aU sums sec�ued bq this Deea at Ttust�and,it thie Dee�of Tr�t secures a RevoIving
<br /> . ., �� Loan Agree�neut�Barrower reque�ts Lendes to rele�asa tbis Deed of Tr�t�Leader shaU cause t h i e D e e d o f Trust to b e . ,
<br /> i�:� releasea wlthout chatge to Borraaer.Bomower sha11 paq sU coste oi recordation,if any. „�
<br /> �v :�' ,—`.° , 21.5ubstltv�te ?rasteo. Lender, st Lender's optton. msy fiam rima w time ap�nt a sucs�or trustee to a�►
<br /> _ :;';;{.,;;;;.; ' Truatee appaiatod her�under by aa inswtaent recorded ln the cauatq ia whicb this Deed oi.Trust ia recordod.W��thout
<br /> -_ ;",:�"�i�.:- co�treyancs aP the Praporty.ti►e successot wstee shati au�eed to a}1 tha titie,power snd duttes canfen+�ci upaa the
<br /> � Trustea hereln and bq applicable law.. �t
<br /> �. {�:. :�� �.Request for Notices. Borrower requ� that copies o4 the notice of default aad notitics of eale be sent to `.
<br /> - Horrowar's addresa which ie the�'ropett9�iddreBS. .
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