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201505524
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Last modified
7/21/2017 3:27:51 AM
Creation date
8/14/2015 9:48:20 AM
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DEEDS
Inst Number
201505524
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� h <br /> ��15�55�4 <br /> No rer�a.ec�y herein �an�err�d upon �r reserve�l ta Trustee �r Lender�� intended to be exclusive of <br /> any �ther remedy herein, in the Note. �r by �aw pravided �r perrn�tted, l�ut �ach sha�� be <br /> cuxnuiative and shalX be in addit��n ta every other rem�dy given �.�r�under, in the 1til�te, �r n�w <br /> �r hereafler ���stir�g at Iaw or �n �quity or by statute, and may he exercised con�urr�nt� , <br /> � <br /> independent�y, ❑r 5L1CC�SS1�Lr�I�. <br /> �3. Trustee. �The Trustee may resi�n at any txrn� w�ithout caus�, and Lender may at ar�y <br /> time a.nd witho�t cause appai.nt a suGcessor ar Substitu�e T�ustee, Trustee sha�l not �e ��ab�� to <br /> any pa.rty, in�iud�ng w�thout l�mitati�n Lender, �orrower, or a.ny purchaser of the Property, for <br /> an��oss or damage unl�ss due ta reck�ess �r wi��fu1 misc�nduct, and shai� nat be required to take <br /> any act�on in coran��t�on w�th the �nfarc�ment ot~ this I�eed �f Trust unless indemn�fied in <br /> wx�t�r�g for. all ���t�, ca�npensat�on, or expenses �vhich may be ass��iated there�vith. In add��ion, <br /> Trustee rnay became a purchaser at an� sale of the P�rop�r�y �judicial or under the power of�ale <br /> granted herein�,post�pone the sa�e �f_ a11 �r any p�rt��r�of the Pro er�t as rovided b �aw or �ell <br /> p Y � Y � <br /> the l�roper�y as a wha�e or in separate parcels o.r_ la�s at Trustee's discr�tian. <br /> 1�. �ees and�� enses, In the even�that Trustee sells the Praper#y by e�ercise of ovver <br /> � <br /> af sa�e, Trustee shai� be entitled to app�y any sale pro�eed� f�r�t to payment af a�l costs ar�d <br /> exp�n�es of e�ercising power �f sale� including all Trustee's fees, and Lender's and 7C`ru�tee's <br /> attorney's f�es actual�� �ncurred to the extent �ermitt�d by app��cable �av�r. In the event that <br /> B�rr�vver e��rcrses an�r r�ght pr�vided b� 1aw ta cure an Event of I�efault, Lender sha�� be <br /> entitled to recav�r from Trustor a1.1 casts and expenses actualiy in�urr�d as a r�sult af Trustor's <br /> d�fault, xncluding w�.thout �zmitation a11 Trustee's and a�torney's fees to the e�tent ermitted b <br /> applicak�le�aw. <br /> � � <br /> ].5� Future Advances. IJpon request of Borrower, Le�der ma�, �.t its a�tion, ma�e <br /> additxonal and ruture a�vances and readvance� �o Borrower. Such advances and readvan.c�s <br /> a <br /> with inter�st there�n, sha1� be se�ured by this Deed of Trust. �t no tim� sha11 the rinc� al <br /> p P <br /> amount of the indebtedness s�cured by this Deed �f Trust, n�t �ncluding sum5 advanc�d to <br /> protec�th� securztv�of this Deed of Trust, ���eed th� �r�g�r�al principal amount stated hereix�. <br /> 1�. M�s�ei�ax�eous Provxsi�r�s. <br /> �a�} Borrower Not Release�. E�tension of the t�rr�e for paym�n�, �r <br /> modif�cation of am�r�iz�.��on, of the sums secured bv this D�cd �f Trust granted <br /> by Lender to an.y �uccessar i�. inter�st of Barro�er shall not operate t� rel�ase, �n � <br /> a.n� rna.�ner, the liab��rty �f the �rigxnal Borr�wer and Borrower's suGcess�rs in <br /> interest. Lender sha11 nat be requir�d t� commen�e pro��ed�n�s agaxnst su�h <br /> �ucc�ssar �r refuse to extend txm� for payment ar �therw�se mac��fV arnor�izat�an <br /> of the sums se�ur�d��th�s Deed of Trust by reas��. of any demands made b th� <br /> Y <br /> or�gina�Borrower and B�rrQwer's successors �n znterest. <br /> �b� L�nder's �ourer�. Without affectrr�g �h� ��ab�lit� of ar�y ather person <br /> Iiab�e far the payment �f any ob�igation m�nti�r�ed here�n, and �v�thout affec�in <br /> � <br /> the Iz�n �r chaxge of th�s De�d �f Trust upon any por�ion of the property not th�n <br /> �r theret�fore r��eased as a secur��y for the fu1l amoun� of aII unpaid ab��gat��ns, <br /> Lender �ay frorn time to tirne and v�r�thout noti�e ��} re��ase a.ny person so lia�le; <br /> �11� ��t�nd th�rnaturit��r a�ter any�f the terms of any su�h obligatiorxs; (iYi ant <br /> . ) �' <br /> �ther rndulgen�es; �iv) release or r�convey, or cause ta be re�eased ar re��nve ed, <br /> � <br /> at any ti�ne at Lender�� a�tion an�parc�i, portz��, ❑r all �f the Pro�aerttir; �v} take <br /> or rc�ease any other or addi�.iona� �ecuri�y f�r any obligati�n mer�tior�ed here�n; �r <br /> �v��ma�� composit�ans or�ther arran�ements w�th debtars �n re�ation th�ret�. <br /> . .�c� Forbea.rance � �Lender Not a�Vaitir�r. Any l�rbearance by I�end.�r in <br /> ex�r�l��ng any right �ar rem�dy h.ereunc�er or atherwis� aff�rded by a�plica��� �aw <br /> �ha�� n�t be a �a�ver of, or prec�ude the e�ercis� �f, any such right ar �rem�d , <br /> � <br /> Th��rocurerr�ent�f�nsuran�e �r th�payrnent af taxe� or other�icns �r�harges b <br /> � <br /> Lender sha�.I r�ot be �. �ra�-�er �f Lender's right to accelerate th� rnaturity of the <br /> �nd�btedness secu.red by this Deed af Trust. <br /> �d� �uccessors and AssY ns B�und- Joint and Severa� ]G�ab�Xi : <br /> �a�ons. The c�venan�s and agreements contained herein shalZ �ind, and th� <br /> ]Page 5 af 7 <br />
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