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<br /> owner of tho property, (h) R traneter into en inter vivos truRt in which the Borrowcr ie end remains a beneiiciary and
<br /> which das not relete to n transter of righte at occupency in the property,or(i) eny other trenafer or disponition
<br /> describ«f in reRuletione prebcribed by the Federal Home I,oan Benk �3oerd, I'larrower ehell cause to bo eubmitted
<br /> informetian required by l,ender to evnluete the trenateree ae if a naw loen wero lxing mede to the treneferae. Aorrower
<br /> will continue to be abligated under the Nota and thie lla+d ot Truet unless I.ender rolear�es Aorrower in writing.
<br /> It[.endor d�s not egree to such salo oe trcneter, I.ender mey dxlHre ell ot the eume secured by thie I�d ot Trust to _
<br /> be immedixtely due end payable. !f Lendor exetcise�s such option to aceelerete, I.ender ehalt rneil I3orrower notice of �
<br /> ncceleration in accordnnce with peragrnph 12 hereof. Such notice ehnll provida e period ot not less than 30 deye trom the
<br /> dete the nntice ie meiled or delivered within ahich Dorrower may pay the eume dxlared duc. If Aorrowcr fails to pay
<br /> evch sume prior to tho eYpiration of euch p�ric,d, J..ender mny, without turther notice or de'mand�n Borrowcr, invoke
<br /> eny remedies permitted by paragraph 17 hereof.
<br /> NON-UNIPORM COVENANTS,Borrower nnd Lender turther covenant nnd agree es folluws:
<br /> 17. Ac.celeration; Remedies. Except �e provtded in g�ra�rrph l6 hereoi, or �s othorwise rcquircd by l�w,
<br /> apoa Borrowor'e brsach oi �ny covenant or �=reement of Borro�ver in this D�cd of Tru�t, includinj
<br /> Barro�ver'a t�ilure to pay, by tho end of ten (10) calendar d�ys atter ihe date they aro due, �ny aums secured
<br /> by this D�od of Tru�t, Lender nrior to�cceleratioa sh�ll tive aatico to Borrower as pravided in para=raph 12
<br /> hereof speeityin�: (l) the br��ch; (2) the action required to cure such bre�ch; (3)� d�tc, not less th�n 20 days
<br /> trom the date the notic� ie m�iled to Horrowor, by which sucb breach must be cured; and (4) th�t [�ilure to
<br /> curo auch breach nn �r before the date apacitied in the notico m�y roeult in acceler�tion o�the aums secur�d
<br /> by thie Deed of Trust and a�le oi the Property. Tho notice sh�ll further inform Horrower ot the ri�ht to
<br /> reinetate �fter acceleratioa�ad the ritht to brin� court tatioa to assert the nonexietence oi a default or any
<br />- other dcfonse of Borruwer to�cceleration and sale. If the brcach is not cured on or bafore the d�te speoified
<br /> ia t6e notice, Lender, at Lender'e option, m�y decl�re all ot the suma secured by thia Dad ot Trust to be
<br />= immedi�tely due and psy�ble without further demand and m�y invoko the power af sale and any othor
<br />_ remediee permittcd by spplicablo law. Lender eh�ll be entitled to collect all coata�ad ezpenses incurred in
<br />- pureuinj tho romediea provided in thie pan=raph 17 to the extent ptrmitted by applicable l�w.
<br />= It I.ender invokes the power of s�le, Londer or Trustee eh�ll m�il capiaa of i notice of s�le in tho m�nner
<br /> preacribed by�pplicable l�w to HorroRer and to the other persone pr�scribed by applicable I�w.Truetee sh�ll
<br /> �ive aotic:e of a�le by public �dvertisement for tho time and in the m�nner pr�scribed by applic�ble lsw.
<br /> Truatee, without dem�ad oa Horrower, shall sell the Property at public auction to the hi�heet bidder for caah
<br /> �t tho time and placo�ad under the torma desi�a�ted in the notia of a�le in one or more parcole�nd in a��„
<br /> order as Trustee m�y determine.Truatee may pc�stpone sale of�ll or any parcel ot the Property to�ny later
<br /> time on the same date by public announcement at the time �nd pl�ce of sny previooaly schedulod ealc�.
<br /> Leader or I.ender's deai�nee may purchaao the Pxoperty at�ny s�le.
<br /> Trustee eh�il delivor to tho putchaa�r Trustee's deed conveyin�the Property so sold without�ny covenant
<br /> or Narranty, eYpreased or implied. The recitals ia the 'Truatea's deed sh�ll be prima t�oic evidence oi the
<br /> truth oi tho et�temente m�de therein.Trustea ah�ll apply the proceede of tho e�le in the follawinf ordar: (�)
<br /> to�ll reason�ble co�te and eYpenees af the s�le, includin�, but aot limited to, rea�onable Trustce's fas and
<br /> attoraeye' feee and costs at titla evidence; (b) to�il sums accured by thie Deed of Trust;�ad (c)the oxceas, if
<br /> �ny, to the person or peraona Le��ily entitled thereto.
<br /> 18. Borro�vor's Ri�ht to Reinetate. Notwithstanding I.cnder's accelerntion of the sums socured by this Dxd ot
<br /> Truet due to Borrowcr'e breach, Borrower ehall have tho right to havo�ny proceedinge begun by I.ender to enforce thie
<br /> De,od o!'I'rust diecontinued at any time prior to the earlier to occur of(i) the fifth deY betore the salo oi tho Property
<br /> _ pursuent to the power of sale conteined in thie Deed of Trust ar(ii) entry of s judgment entorcing thie Deed of Trust if:
<br /> (a)Borrower pays I.,ender ell sume which would be then due under thie Deed of Truet end the Note had nn aceeleration
<br /> occurred; (b) Borrower cures all breachea of any other covenante or agrxmente af Borrower wntained in thie Ux.d ot
<br /> Trust; (c) Borrower pays all reasonable expen�s incurred by L.ender and Trustee in enforcing tho covenants and
<br /> agreementa uf Borrower contnined in thie Deed of Trust, and in cnforcing I.ender's and Truatee's remodies ae provided
<br /> in pnragraph 17 hcrooi,including,but not limited to,reasonablo nttorneys'txs to the extent pzrmitted by applicable law;
<br /> and (d) Borrower takes such ection as Lender may reasonably raquire to aseure that tho lien of this Deefl of Truet,
<br /> Lender's interest in the Property nnd Borrower's obligation to pey the sume sxured by thie Deed oi Trust shall wntinue
<br /> unimpairCd. Upon such payment and cure by Borrower, this Deed oi 'Trust nnd tho obligntions exured heroby shetl
<br /> nemain in full torce and effect ea if no accoleration hed occurred.
<br /> 19. Aseijnment of Rents; Appointment of Receiver; Lender in Posseasion. As additional socurity hereunder,
<br /> Botrower hereby assigns tu Lender the rents of the property, provided thnt Borrower ehall, prior to ncceleration under
<br /> paregraph 17 itereof or abandonment of tha Property, have the right to collect and retain such rents es they bccome due
<br />— and payablo.
<br /> Upon acceleration under paregraphy 17 hereof or abandonment of the Property, Lender, in person, by agent or by
<br /> - judioinlly eppointed receiver,shall be entitled to enter upon, tako possession of and menage the Property and to collect
<br />-- the rente of the Proporty including those paet due.All rents coilxted by Lender or the receiver shell be applied first to
<br />� payment of the caste of inenagement of the Property and c�llection of ronts, including. but aot limited to, receivor's
<br />--j fees, premiums on receiver's bonds and reasoneble attorneys' fces, end then to the sumF secured by this Deed of Trust.
<br /> u� Lender end the receiver shell be liable to account anly for thoisa rents actually received.
<br /> 20. Rele�se. Upon payment of all sums secured by this llxci of Trust,and,if this I�ed of'I'rUSe secur�a Rovolving
<br /> .��_�_� ..s •r_..... .,. �,.
<br /> Loan Agreement, I3orrowcr requests Lender to release tt�is�oi 1N3[, LCAUCr n[leil vnti�c uua�w.s... •...... .+. r—
<br /> released without chargo to Borrower. Borrower ehell pay all coste of recordation,if any.
<br /> 21. Substitute Trustee. Lender, at Lendar's option, may from time to time appoint a successor trusta to any
<br /> "Tri�stee appointed hereunder by an instrument recorded in the county in which this Iked of Trust is rocordai. Without
<br /> .i conveyance of the Property, the succe,.esor trustee shnll succeed to al! the title, power and duties conferred upon the
<br /> Trustce herein and by applicable law.
<br /> 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to
<br /> L'orrower's address which ie the Property Address.
<br /> OE•30-Q4 D��d of Truet NE ORIGINAL I��������������������� NE00792�
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