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201508711
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Last modified
7/21/2017 2:28:27 PM
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12/28/2015 9:45:53 AM
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DEEDS
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201508711
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2� 15�8711 <br /> other��rms of payment, such amoun�s sha��be paya�le upon no�ice frarn Lender �o Borrower reques�ing paymen� <br /> thereaf.N��hing con�aine�.��h�s paragraph 7 shal�require L�nder�o incur arry expens�or�ake any act�on hereund�r. <br /> �. Inrspectivn. Lend�r m�.y m�ke �r�ause to be rr�ade reasonable �ntries upon an� inspec�i�ns �f the Fr�perfiy, <br /> pro�id�d that L�nder shal�give �3orrower notice prior t� any sueh inspect�on specxfy�.g reasonab�e cause �herefore <br /> zela�ed�o I�ender'�in�eres��n�he Property. <br /> 9, �o�ndem�a�ion.The proceeds af any award or claim for c�a�xxages,di.r��t or�onsequen�ia�,in coz�ne��ion with <br /> any condemna�i�n or a�er�aking of�h� Propert�, �r part thereof, ar far �onveyance in lieu af condernnatian, are <br /> hereby assigned and sha�� be paid to Lendea�, subj�c�ta the�erams of a�y �nor��a�e, desd of�rust or Qther security <br /> agreemen�with a��en which has pr��xity over�his Deed of Trus�. <br /> lU. Barrawer�Tot �.e�easec�; Fvrbearance By Lender Not a �Vaiver. Extensiori of the tir�e far paymen� or <br /> modi�ca�ion of amarti�ation af the sums secured by�his Deed of Trus�gran�ed by Lender to any successor in int�res� <br /> of �3arro�vver shall na�t oper��e �o r�lease, in a�.y ma�nn.er� th� lia�bili�y of the orig�na� Borrower and B�rrower's <br /> suGcessor� i.n �n�erest. Lender sha�l �o� �e required �o cozx�rnen�e pr���edi.ngs agains� such succ�ssar or �efuse �� <br /> extend tim.e for pa�ment or ot�.erwise m�d�fy am�rtiz.�t�on af�he sur�a�s�cured by f.h.is Deed of 7'ru�t hy reason of any <br /> demand rnade �by fhe or�ainal �orraw�r and Barr�,v�rer's successars ul in�eresf. �y f�r�earanc� by Lender in <br /> exercisu�.g any righ� �r remedy hereunder, or ot.h.�rwise affar�et� �by app�i�a�a�e �aw, sha�� no� �e a waiv�r of�r <br /> prec�ude the ex�rcise of any such r�ght ar remedy. <br /> 11. Su�cessars a�d A►.ss�gns Bound; Joint and Several Liabi�ity; Co-signers. T�e co�e�.an�s and a�reem�nts <br /> here�n con�azned shal�bind, and�h�ri�h�s hereur�d�r sha�� i.nure to� �he respe����ve success�rs and assi�ns of Lender <br /> an�$orrower, s�bj ec��o the pro��s�a�ns of�ara�aph 16 hereof.A�I cover�an�s and a�r-eem�nts af Borr�wer shall be <br /> j oirit ar�d s�veral,Any B�rrovWer vvho coWsigns this Deed of Trus�,but does not e�e�u�e the Note,�a}is Go-sig.nin.g this <br /> Deed af Trust on�y �a grant and can�ey �ha�Borrov�er's �n�erest �n the Fr�perty t� Trustee under the texrns of�h�s <br /> Deed af Trust,��}�s no�per�anally liable on�h.e No�e or un�er�his Deed of Trus�,and�c�a�rees that Lender and any <br /> other Borrower hereuzxder may agree�� ex��nd,�nadif�, for�ea�r, or make any ather accomm�da�ians wi�h regard to <br /> �he tez�ms o��h�s Deed nf Trus��r�he No�e,v�ri�hout tha�Borrvwrer's consen�and wi�hQut releasi.rig that Borrow�r ar <br /> madify�n�fhis D�ed af T�ust as t��a�Borrov�er'�iniceres��n�h�Proper�y. <br /> 1�. �Votice.�xcep�far any notice required under applicab�e law to b�g�ven in�.no�her�manner, �a}any x�a�ice�o <br /> B arrflwer pravided for in this Deed of Trus�shall be�iven by de�ivea�ing i�or by mai�ing such no�x��by�er�ified mail <br /> addressed �o Borrower a� �h� Pr�perty A.ddr�ss or a� such o�her adcl�-ess as Borr�wer may des�g�.ate 'by na��ce to <br /> Lez�d�r as prov�ded hereir�, and�b� any not�ce �o Lender shail be given by cer��fied mai��o Lender's address sta�ed <br /> her��n �r to such 4�her address a.s L�nd�r may des�gnaf� �y no�i�e ta Bt�rraw�r as pro�id�t� herev�.. A.�.� notice <br /> provicied far in �us Deed of Trus� sha�� be deemed to ha�e b��n gi�en�o Barrn�nrer �r Lender �hen gi�en u�t.�e <br /> mar�ner desi�n.ated herein. <br /> 13.Go�rerning La�; Se��rabi�ity.The state and�acal�av�s appl�cab�e�a�h.�s Deed of Trus�shall'�e the la�vs af <br /> the�urisdiction�.n wh��h�h�Prop�r�zs loca�ed.The foregoin�sente�ce sha�1 nat lun.i�t�he applicabil�ty�f federal law <br /> �o �his Deed of Trus�. In �he e�en� �ha� any provisi�n or claus� af�his l�eed of Trus� Qr the N��e confl�c�s wi�h <br /> applicab�e law, s��h�onflict sha�l nat affec��ther prv�is�ons �f�his Deed of�'rus� or the Not�which ca�a l�e given <br /> �ffect w��h�u��he conflicting provi��on,and�o th�s end�he provi�ion��f�his De�d of Trust and�he Note are declared <br /> to be s�verable.As used hereu�.,"cos�s,""expenses"an.d"attarneys'fees"�n��ude aII surr�s�o fihe ex�ent na�pr�hibxt�d <br /> by app�icab�e 1�.°w or Iimit�d herein. <br /> 14.�orrawer's Copy,B4rro�er shall be furnish�d a confarnaed ca�py of the�o��and of�his D�ed af T'rust at�h� <br /> �ime af execu�ian�r after record.a.tion here�f. <br /> N E�RAS�{A W Secand Mar�gage-�18� <br /> VMP-7��NE}�45fl93 Am�nded 7104 <br /> Page 4 of 7 <br /> Barrowe�{s}Initi�ls ��-- <br />
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