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:.r _ _ _ � __ __ ..__ ._ . . <br />�� <br />� <br />-_� <br /> �fi� <br /> e._..�. __... _ . ' w � <br /> � <br /> � <br /> 90-�.02�33 <br /> 9. Cond*ntnatlon.The proceeds of an�t�ward or clami lo►damagos,direct or consequentiol,in connectipn with any <br /> r condemnetionorotAertakingaltheProperty,orpanlhereot,orforccanveyanceinlieuolco�dem�etion,aroherebyt�ssigned <br /> i nrid shait be paic!to Lencfef. <br /> � ln the event of a tata{takirx�ot.Efe Rcoperry,the�roceeds ahall ba applEed to the sums secured by this Deed of TEUaR w+th <br /> the Rxcesa,il any,paid to 8or�owe�.In !he event a d�Ari��i taking of the Property,unless Sorrawer and Lenda�othe�wise <br /> , ' a9r�inwriting,thereshellbeappliedt�fhesum�sect�redbyfhisbeedoiT�ualtuchproport�onoitheprceeedsa9isequatto <br /> that proportion which tAe amount a!the sums secused by thi�Qeed ot Trust�m�l�teiy prla:totRe date of teikin�bears ta Me <br /> , tair market vatua of the prope�ty immedialeiy prior to the date of taking,wi th betance of the proceed�p�id to Borrower. <br /> Et th�Property bs abtlrtdoned bY 9orrowe�,or If,etler noticd by�eader td Borrowe�that the co�demnor ottero!o mnke a� <br /> dward or setHe a claim tor demepea,Borrower faii�to respond to l;ender wkhin 30 day�eRer the date�uch not�ce i�maitad, <br /> Lende�iA authorized to coltect and epRly the proceeds,at Lender'3 option,either to re�to�ation o�tepair of t?�e P�operty or to <br /> th��um�aecured by this t�►d of T�ue!. ' <br /> Un1ssS Lender and p�rrawer otherwiaa a�ree in writinQ.any such appUcation ot proceeds to principal shall not extend or <br /> + pp��tdo�t�h.e due date o1 the monthly�inatat�ments relerred to i�paragraphs 1 and 2 hereof o►cha�ge Me amount of auch - <br /> i <br /> i 10. SortowKNotRN�aad.Extens�onofthetimeto�paymentormodificationotamortizallonotthesumsaecuredbythis <br /> � flestl of T�u�t yra�ted by Lende►to any successor In interest of Bo�rower shall not ope�ate to�elease,ln a�y rnanner,the <br /> 'liabiliry ot the ariginal Bor�ower end Borrower's successors�lnterest.Lender shall not�e required to commence Q�oaaadln�s <br /> 8gainst such successor or�etuse to extsnd time tar payment or otherwise modity amoRization of the sums secu�ed by thi9 <br /> , Desd ol T�uat by�eason ot any demand made by tfie original Borrower and Borrowe�'s successors in interest <br /> 11. Forb�annc�bY L�nd�t Not�Walwr.Any forbearanca by Lender m ezercising any rigM or remedy hereunder,or <br /> otherwlse at(otded by eppticable law, shall not be a waiver of or preclude the exercise Q�any�uch right or remedv.The <br /> procurement o1 insurartce olthe payment of taxea or other tiens or charfles by Lender shall no1 be a waiver of Lender'a riyM to <br /> eccelerete the maturity et the indebtedneas secu►ed by this Deed of Trust. <br /> 1�. RMn�dl�s Cumulativ�All remedies provided in this Oeed ot T�ust are��stinct and cumulative to any other right or <br /> remedy under this Deed ot Trust or aftorded by �aw or equit�r, and may �e exercised concurre�tfy, independently o� <br /> s�ccessively. <br /> 13. Suecu�oa and As�lpnt �ou�d; Jo(nt and S�venl C�biiit};CspNons. T�e cc�uenants and ag�eements hetein <br /> containad shall bind,and the nghts Rereunder shal l Inu�e to,the cetpect�ve successo►s an�asaigna of tende�and Borrower, <br /> subject to the prav�sions o1 paragrapn 7 7 hereef.A!i covenants and agresments o1 Sorrower shall be ba:nt and several.The <br /> � captionsandheadinysa�thaparagraphsofthisEZpedofTrusta�eforcarve�.�enceanlyandarenottoeeusedtointerpretor <br /> detine the provlsion9 her.ecf. <br /> 1�. !lotlet.ExCep4fcranynoti.cccequiredunderappl�cable!awtobegiven�nanothermanner.(a)anynoticetoBorrower <br /> provided f'aQ�n this Deed at Trustahall be g�ven by malling such notice by certotied mail addressed to Borrower at tha P►operry <br /> Add►esa ar at auch other�eddreas aa Borrower may desiynata by notice to Lender as provided herein,and(D)any notice to <br /> lenderaha4��eqivent►y�ce�tltiedmail,returnreceiptrequested.tolender'saddressstatedhereinortQSUChotheradEressee <br /> lends►maydesiynate by notice to Bo�rower as p�ovided he►ein.Any notice provided for in th�s Deed ot Trust shall be deemed <br /> to have been fliven to BoROwer or Lender when given in the manner designated herein. <br /> 15. UnMorm.DNd ol7ruaf;Gorenlno Law;S�wtaWlitY.7he torm of deea of trust combines unitorm covenants far <br /> �• e �rY.�+��yiii�"wt'7!S�^.O�i�A3�:�'Y:it�S�i�iZ'�1d'J3tlutiC(l:a�y i(iLi.^..'jf.^.t:^R tQ C!3!f°�ltL`!�'fl::!ft�OT!!T�!�Ct!(t!y}R�tltlRS8Q� . ._ <br /> "'�ii �t,Ml����Dped o4 Trust shall be governed by the taw o1 the jurisdiction in which the Properry ls I�cated.In <br /> fih eveT!!l1��1 w rY r.la��tr±nf th�C Oes►¢Of TruAt nr the Nnta cnnf�ir.t..c with annlie-ahlw law m�r_.1}rnnfl�r��ah�tfl nM <br /> a�,�.���G'.��f�.!�'�pr�i I�epd o!Tr.�st or!ha Ntote which can bo givan oN��f withaut tha contkcting a�ov�sians,and to this � ' <br /> end the provisions of the Oeed ot Trust and the Note are declared to be severabte. + <br /> 1�. 8orrowK's Copy.Borrower shall be turn�shed a contormed copy ot the Note and of this Deed of Tr�rst at thetime of „ '� <br /> execution or after recordation hereof. <br /> 1T. TraMhr M th�Prop�Ay;Aa�urnpUon.If all or any part o1 the property or en interes*7here�n is sotd or transterred by . <br /> Borrowdr without Lende�s prior wr�tten consent,excluding(a)the c�eat�on of a lien or enCUmbrances�b�udinate tothiaDeed � � <br /> ot Trust(b)the creation a!a purchase money secu rity inte�est for househotd ap�>�ances.tc)a transter��cievise descent a by <br /> operati0n ot law upontt�death o}a joint tenant or(d)tAa grant of any leasehol��nterest o1 three years or scss nof conteinin�an <br /> option to�s�crchase,Lertder may,at Lender's option,declare all the su ms aecured by this Q�d of Trust to be immediately due <br /> and payatrfe.Lender ahell have waived such option to accelerate if,prior to the sete or tranafer,Lender and Me penon to <br /> whom the Property i�to be sold nr trerssfe��ed reaCh agreement in wr�tmg that the Credit of such perspn is satislactory to ; <br /> Lenderand thetthelnterest payable on the sums secured by th�s DeeA oP Trust shall be at such rate as LenEer shall requeat If � <br /> lender has walved the option to acceterate prca�::ded m this paragraph �7, and if Borrower's suCC�ssor in intete�t ha� <br /> executed a written assumptio�agreement accepted in wr�t�ng by ler,der,Londer shail reaeaso Borrox�e�trom all obligafions �• <br /> ursder this Deed o9Trust and the Note. <br /> tf Lender�xercises such option to accelerate. Lender shalt ma�t Borrower noUce o1 acCelciration in aCCOrdenCe with ;� . <br /> pa ragreph 14 hereol.SuGh notice shall provide a period of not�ess than 30 days from the date the n otice+s mailed witt rn whiCh • <br /> BOrrOwer mey pay the sums deClared due.lf Borrower/a��s to pay such sums pnot to the expir3t;on o1 such penoe.Lender �' <br /> may,w�thoul turther�otice or demand c+n Borrower,�nvoke any rerneA�es perm�tted Dy paragraph t3 heieof. <br /> NON•UNI�ORM COYENANTS. Borrow�r and Ltndtr turth�t cov�nant and agree ai toHows: <br /> 1�. AccN�+�tlon;Rsm�dNs.Except as prov�ded�n paragraph �7 herQOt,upon aorrowor's breach of any cavenant or <br /> agreement o}Borrower in this Deed oI Trust,�nclud�ng tho covenants to pay wh 2n due any sums SeCUred by th�s Deed Ot Trust, <br /> Lenderp��orta accelerat�on sh�u`,rsa�lnot�ce to Borroweras prov�ded�n pa�agraph 14 hereof spec�tyfng.(t►the breacfi:(2)the <br /> action require�To cure such breach:(3y a date,not less than 30 days from the dete the not�ce is mailed to Borrower,by which <br /> such breaCh must be cured;and(4)that teilure to Cttre SuCh breaCh on or beto ra th�date SpecifieQ in tt�e nOtiCB mey�ASUIt in <br /> accelerationofthesurnsseCUredbythisDeedofSrustandsaleo}theProperly Thenot�ceshalllurther�ntorm$orrowerotthe <br /> ri�ht to reinstate alte�acceteration and the nght tv bring e court act�on to assert tt�e non-ex�stence at a default or any other <br /> detenst o!9orruwer to ncceleration and sa1e.it!t:��reach�s nAt cur�d on or tu�fnro thc�datF s�ac�t�ed-r`�a notice.L�nder at <br /> �6PIi�sF'$Cty110fi tii2fy 66(:1�1t'1 bfi p(Eii65Uni5 SC1:u+Ct3 by l�n8�}8tld VP�r�t3f tU b8�mmetit0t@Iy�U9 a11�G3 f8biB WltRei:Z fUllh@I <br /> demand and may�nvoke the power ol sale and ar.y othar remed�es permitted by appticable�aw LenQer shall tie entitled to <br /> collectallreasonaCletosLSendexpensesmcurreafnpursuingtheremed�espeovideAmtheparagra�7� 78,mcludmg.butnot <br /> limited to,reasonaGtc ariorney's lees. • <br /> If the power ot sa�e►is invoked,Trustee shall record a not�ce of defautt�n each county m wh�ch Ine Property or some part <br /> thereol csl.ocated and shall ma�:coAie9o!such notice in themanner prescnbe�f by applicabie�aw to Borrower and tothe other <br /> persons pa•escrlbed by apahcable daw.After the lapseot such t�me as may be ceqwred bk apphcable Iaw.Trust�a shall give <br /> publiC notice o1 sale to the persons and m the manr.er nrescnbed by appiicabtolaw.Trustee.w�thout Cemand On Borrower, '�- <br /> sh�ll sell the Property at public auct�on to the hfghesf bidder at the t�me and place and u nder the terms Cssignated in the notice � <br /> of sale in One or mote pa�Cels and in suCh order as Trusteo may determine Trusteo may postporte sa e �t el�pr any par�et of <br /> the Property by pubt�c announcememat the t�me and place of any prev�ausly scheduted sa►e.�ender�r Lender's designee <br /> mgy purcnbse the Property at any sa�e <br /> UponreceiFtofpaymenlcfthep��ceb�d,Truateeshaildei�v�rtothepurchaserTrusteo'sdeedconvey�ngthePro�certyso�d. <br /> Thereci4ai�intheTrustee'sdecsdshallbEjpnmefaG�eev�denCeofthetrutho}thestatementsmadeihere�n 7rustees�:allapply <br /> . th�proGpeCgoftheseleinr.hefotlow�ngarder (a)toailreaSOnab�ecosisandezpensesofthesale.+nc�:,C�ng,butnOthmitedto, �y� <br /> TtuStee's tees ot not rt;Qrv than____ _%of thegross sale Qnce,reasonabl�attorney's tees a��costs ottitle evidence: y <br /> � (b)40 911 SGm8 8@�Lt��3y thig D89d 01 TPUSi:and{C)the exGess.�1 any,to the person or persons le�a;�y enUlled thereto. i <br /> 19. 9onow�r's Riyh4 to RNnN�t�.Notw�thst8nding Lender's aCCele�ation ot the sums sECUred by this Oeed o1 Trust, � <br /> BO�ronrer 54�1I h�v�fRg nghtlo hevEiany proceedmg9begun by Lenderto entorcothe beP��f Trustd�sCOnhnu�d atany t�me ti <br /> pnor to trt��arlier fo vCLur o!(�)the f�tih c1�y betare thesale ot the Proaerty pursuant to the porver ot sele canta�ned�n tF�e Deed <br /> of Trusl(:�y entry o°a��Cgment aniorc�ng th�s beed ol Trust�f �a)gprrower pays Lender�it sums wh�ch Hould be then due u�i� <br /> under this Dp�d o,`1'ru�t,the Ikote and notes svcunng Future Adv�nces,:f any had no acce'erat�un�ccured(b►Borrower � <br /> cures all breaches of ony other co:ena�is ar ngreements ot Fiorrowo�co�•ta:r.ed m tr,+s Def��o�T�ust ic�Borrowe��avs a+� .. <br /> rCasonablvoxpe��SUSinCusredbyte�tlerandTru5t800nlorC�nqthe�o�e�,a�t5arday�eer.,c>rt9Gf �}4n� d�E'�(.O�tB�nFJihlh�5 <br /> D�edotl'rusler.dinenfotc�ng�pn�ErS<'�ndTrus[eE�s�emed�es��5�rr.��tt��i��� �ai�igr�pn�h�•��rC'7f��c �J�q.bu110t�unilE�d <br /> fO.�QF1S0Ii1blt.itt[�rnE�yt}t•('Sri�dt�IB�rrov�e�takessuch��GLp����,tY��dt�rr••:�r'�'�+`.-�r;�t'. ���.Iu rc�!O'i�S:.tE�f+�,lt?hEhenUt <br /> th��;(�Ced nf Ir,�,! t rndE�r•�.�ntt��OSQ inlRf�Propr�rty and E3on ciwer s , �,�,��.��,��. .,.�t�;o��-f.. .� �.� ,��•.s r ,,� . .flet�d >t Tiu4f <br /> <.h-�If f.fltil�h!�l•��f��tTlj�:uff•tl f I(:'�ttc�.r h��3✓tt�gt�1F7^'�i.Ut(.r,y L��nfJ(i*�.r Ih:a,i)4'i :i�.f•,:.°.'.i.. ,u,�. . l.e� •. .-.a�•.�.�r�i• �.i.•..,�.� � <br />.. ;It.l�1 ((`nlil���rr. 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