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<br /> �. " _ 202085 Ol/08/1999 ''� j�
<br /> _` _ �,�`. LLOYD 8 MOSLLBR MARILYN MUSI+LBR. - . �`'<•
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<br /> � Cti � 9 CondemnaSoo.The pnoceeds of any award or c.laim for damages.dinect or coacequeGnal.in vonaecdon with aay • ,,
<br /> ' � '� ' or thei+eof. ar for comr in tien of condeamadon. are herebY �' ° �'' `"
<br /> , _. �.�• condemnadon ar other�ng of rhe pmpeccy. Fan el"� � � r ,_ ,
<br /> ,.<`1 • �' �g�d and shaU be paid to Lender.snbject to the te�ms of anp mottgage.deed of unst or other secority agreement with a •��. .� r�<4:.
<br /> � :� - :v � ,, •:
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<br /> � lien wl�ich Las p�ority over t6is Deed of Tinst. ,
<br /> c °:�:;-. r = Ia. $6F�8W�i' A8t � ��Y ��l�iot e WeIvP�. F•xleUSioII of dle Ume fOt p3Ymei1� Ot � 4 5 � ` .
<br /> '� mo�ation Qf amortiration af the sums�DY this Deod of Ttn�g�aated by LerWer w auy sacoessor in i�t of _ � _:�
<br /> � -' h. B o s o w e r s 6 a 1 1 n ot a p e i a t e oo t�eL�ase. in a n Y maaaer•t6e liab�7ity of the ori8inal Bo�wer and B o rn ower's�ois in � r.�r
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<br /> �� ` ' inte�.I�eader sball ant be required to wmmence p�against sach su�r or zefase m extend time for paymeut �p, `;, ,� r� `
<br /> , � .
<br /> _=;. -< <c or othetwise modify aviortiTarion of dte eums socnied by this Deed of Ttua by�ason of any demand made by the o�igimal Q �.._ . - .
<br /> 1 �` � Bomnwa and Bornnwer's suae.sso�s in ince�est. Any foibraiaace by Ixcider in execcisiug anY nght ar re�Y he�md�. � $'.'* -< `:-.
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<br /> � �=---''`' .� or othe�wise aft'onded by agpGcabte law.shall not be a waiver of or preciude the acercise of any suCh right or�y. G►7 - ; - T
<br />"" �— '" :T-~�{ 11.Suc�o�sors and AssiSns Bam�d:dolni and Sevacal IJabii�r Co-sigaers. 1Le wve�nss and agr+eea�nts hs�ein � -.�: z_--=.
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<br /> � ,< . ,� oontai�l sRall bind.and the rights 6e�under s6aU i�ro.the res�ective suc,ce�s aud assigns of Leadec and Bormwer. � ._- � �,s:_,:..
<br /> = � ._ - - subject w the provisioas of pa=agiaph 16 hereof. AU covenants and agreements of Bozrawrr shaU be joi�aud several. `-: ;,
<br /> � '- " `'� '. pny Bormwu who co-sagas dns Deed of Trast.Uut dues not execute tl�e Note.(a)is cu-szSmng this Deed o f Tmst o n l y to �:� �
<br /> �•` , � � , �� grant and com�ey d�at Bormwer's i�est ia the Property w Tiastee�mder che terms of this Deed of Ttost. @)�s not �"'�� � � '
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<br />�.`r�:; =�. � p e c s,��a l l y liable on the Note or�mder this Daed of Tr�t.and(c)agcees that I.ender and any otber Boaower hereuader � f.,
<br /> �4' . . foibear.or make ad�er accommndadons with regan8 to the tesmc o f t h i s II e e d o f'£t n s t o r ;` ���`
<br /> � ` , �° ipay agiee w extend.mn�fY• �Y `��':.':
<br /> �f�: `";. the Note.witDout tbat Bormwer's coasent aud without ieleasia g d�at Boirower or modifyiug this Deed of Tmst as w cbat " 4;i:, .,
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<br /> �s; ` ' Bor�wer's intece�in the Ptopetty. . �
<br /> � :. � Hcahle law to ise givea in aaod�er manmer.(a)suY notice w �. t `"�` ..
<br /> _f 12. Nauce. Except for a�r uotice reqc�iied ander apQ
<br /> �sF, .. `::;` Bomoyner piuvided for in dus Deed of Tiast shall be given by de6vering it or by mailinB sac�uotice by certified ma� �, ` _'�:r` `
<br />-�'���' , .�: ' `. SiiCb OIbCi�2S BOIlOOYET ID8j1�gil2tt.'�Y D(ftIC2 W 1�C�2S _:_ '�Y`—`_`
<br /> � . ''-` v addie�ed to Boa�wer at the Prapetty Add�ss or at _ ` `r -
<br /> •.�: '`' �, ,, pmvidod 6enein.and(b)anY antice to lender shall be given by ceetified ma7 w Leuder's addres's srated he�ein or m sueh -:• � qa=
<br /> aotice to Bormwer as pmvided herein AnY uotice pmvidrd fir in this Deed of ;� 5 �
<br /> `��F° -� other address as Ixader may desig�rate hy er ,, S'�.
<br /> `�4 . • :�:�,� Tzust shaU be ds�med w have been given co Bomower or Ixnder vrLeu given in the ma�er designat�d herein- :; ;�-,,,.
<br /> , `' ' I3.Goveming L a w;S e v�a 6 i l i l Y•Th e s q s e a n d t o c a l l a w s a p p l i r a b l e w t h i s D e e d o f T m s t s 6 a t!be tbr laws of the ,. <� �.
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<br /> a, '• jurisdiaion in wLich the PropeTCy is tacated. 'fhe foregaiug sentenoe shaU not liant the applu�b�tY of Fedeial taw w this <<;�,�t.
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<br /> '°F'�� Deed of Tmst. In the event tt�at anY Pro�s'�on ar clanse af this Deed of Tn�st or the Nore con8icis wtth a�Plicable taw. : �;;: �
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<br /> -- �:.:., ,_- s�ub co�icc sf�all une affect other pravisions of tAis Deed af'I4nse or the Noee which can be given effecc whhaat die �:' :
<br /> .. . conflicting pmvision,aud to tl�is eud the ProviQOns of this Deed of Ttost and d�Note are deciared to be reverabte. l� � ,
<br /> �t�. ,, ` `•: used hete3n. �oo��• �expen�s"a� ��°t°�7►S��S� inctude all som�w the eateut not pmhibited 63►a�PlicabM law ar �i � �
<br /> �• limited detein. � , ����
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<br /> �°;i � � 24.Bot�►�r's Copy.Borruwer shaU be fu�shed a confam�coPY of the Note a�of tTyis Deed of Ttnst at � _
<br /> `< '� � } time of e�cecution or after iecordauon henof. '�:�+� ,
<br /> �?�--_ -_ _ 15. Ptel�uDilltallQn Laan Ag,rc�e�t. Boirawer shaq fulfill ail of Borrawer's oblisations under anY 1�ome :
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<br /> � _... ._ mvame�nt.repair ar other loan agreement wf�ich Bouower eaue�s into with Leadec. l�nd�.at I.eaaer's — `
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<br /> ,�`.- `. , Hacrnwer to execate and deliver to Leader.in a form rabte to Leuder.an assi �Y ..� �'�_
<br /> option. t�►Y m�ini� accep ude S�ent of ��.
<br /> es who 1 labor. materials or seivices in cv�xion ''
<br />=.�"�`��:" �: � ' rights.claims ar defenses whici�Borrower way have against pata �P Y ��.•. ��',
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<br /> '�' 16.Traasf�of the PropaRy ar a Bea�tdai lnt�+est in Bormwer. if a!1 vr any part of the PropertY or as►y interesc , ;1 _
<br /> €' ` ,' ` in it is so2d or uansfecred(ar if a beuefecial interest in Borrower�s sotd ur aan5fecnd aud Bo�cawei is n�a� ._' t
<br /> A„ , .',� in fuil of all suu�s ' -
<br /> a withoat lender's prior wriuen consent,Ixnder may.at iu option.m4viie immediau payment 1: ,.
<br /> -�-:.��.� ` � � b Lender if exenise is pmW'bitod by federal ,; .� �_:,,;�
<br /> � : secured by this Doed of Tzast. However.this opaon s6all not be eaercised y : .
<br /> � law as of the date of this Dad of?rast. `' :� °°
<br /> Y:' `:. If leader eaac�ises tLis opaon. Lendcr sbail give BaRmwer nc��tice of acceleration The natice shait pmvlde a pes�od � ,�� ,-
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<br /> _ , ., of not less d�an 30 days from the date the notice is detivemd oi mai2ed within a+hi o��`��� ...:r:,-
<br /> :�+M . '`,.
<br /> . ' !1 by t�is�eed of Tiost. [f Bosrawer faUs to pa}�these smo�c ptior to the expireti . .
<br /> . :�� �emedies pemutted by ttds Deecl of Ttust withont fmther nodce or Qemand an Botcower. •. .
<br /> . . ..���i NON-UNIFORM COVENid1N15. BoriOwC[en0 lxude[fiuTl�Ci cOVCn3ut 2rid a$ree 3S foltOwS: .,� .� ,.�
<br /> '.�.. . ` 17. Aecet�lo� Remedieg. Facc�t as Prov3ded in paregapb 16 hereot. a�n BorraWer�s breacb ot any .���. ,,•; ,
<br /> ��i;+',: `• " inc�ad�ng Bu�vrer'�s faR�e to pay.bY the�d oY 10 . ..
<br /> d., • eovenant or ag��nt ot Ban+uwer in thts Deed af Trnst. `�•, ' .
<br /> � ., ' � ' cat�dar dsys atter th�y are dne. any sums s e c�a e d by t h i s D e e d o f T n u t. l.c o d e r p d o r t o a a c e t e r a t t o n s h a U g[v e
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<br /> .;�.�'� ' a a t i ce t o B omuwcr ag pmvi�ed in paragrapo lZ h�eot spesitYtng:(1)the 6tead�(2)the actlon reqaired to c�re ' .
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<br /> ��:'�:: . ,... , . svsb b�:(3)a date.not tess tAan ZO days fram the date the notice Ls mait e d to B ormwar,Dy w h t e h s u c b b�r a e b :��.�•.
<br /> .�y�-; �� , must be aued;and t�ttiat tai�ure to cnm saeh brea�►on os befcre tde dase spedfied ia the natloe atay ersntt in _< � .
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<br /> ;.•::. . ' aceclerat3oa oY the s�ns see�ued Dy t�s ITeed ot Tn�i asd sate of the Prope�►.The notice sha0 fw�ttt�f�orm ' .
<br /> t`';::�.' , Botrower of the rl�t to re3a4tate aRer aoc��ation and the alght to 6rin$a oourt actlon to asswt the noneatst�sce of , .
<br /> �',_ ,' : . a dePault or any othes defense ut Borr+uwer to accelerarioa aad satc.If the breacb is nat cured on or before tDe date . ,
<br /> �' - s peciYied in the aoiice, Lendsr.at Leuder's optlon.maY dectare ap of the sums secured bY this De¢d oP Tnu!to be
<br /> :"�• � �. ( imm�edlately due and pmya6ie w[taout ftutIDU demaad aad mgy invoke the pow�of sate an d aay o W c r reac e d tes . .
<br /> ��: �� >! petmitted DY aPpUcahSe law. L�44r shaU De eat'stted to mRect all reasonabte casts and expeas� int�ue+ed in . -
<br /> �. .'..�` ' . pwrsuSng the remcdies provided in this paragrgPh 17,tncladLng.but nat IImited to.rea�naDle atiorneys'fees.
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<br /> '.�ri,••.:;• If the pawer of sate i�incoked,TnuYee st�all reeord a rotice of deYauit in eacD muiriY in whicb the Propert7 or .
<br /> ,.;i:; some part thc�cof is tocated and shall mail mpies at suc6 notke in the manicer pr�ibed Dy aPDlleable[aw to
<br /> � gorrow�an�to e�e oth�p�so�prescribed bY eAPUcabte law. ARar the Iapse of sucb ttme as ms►Y be re�luired b3'
<br /> y` '�;.:, .� .;; appficaple taw.Tn�stee shall glve publlc Roiice oP sals to the persoas aad in the manaer pre�rib¢d 6y applleabte . . .
<br /> t� � . ' � law.Tnutee.without d�d on Bormwer,shall seil tae Pro�ty a��ub�c sud3on to the highesl bisld�r at thP time � � .
<br /> '� ' . . ' �ad ptace and under/hc terms desi�ated in the auUce ot sale in one or mam pamis sod in such ordrr av Tnstee
<br /> : , may d�e�mine.Tn�tee may poatpone sale of all or any panel of the Property aY Publtc ananunc�ne�t�t the time �..,•
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<br /> ��''�.:.. and ptace of any previm�ly sched�iled sale.Lcnder or Lercder's deslgree may pu�chase the Property at any sale. � :. :' .- �
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<br /> "` �, Upon receipt of pa�rment of the price bid. Tnntee sAafl deliver to t�e purchaser'insiee'�deed conceying the `
<br /> ��`���` �. property sotd.Thr recitab in th�1'rustee's deed s6a11 Ae prlm+�facie eridence of the trnth ot the slat�e�ts made i . . : .
<br /> .#� � � ' ' � therein.TreuZce shall appiy the praeeds of t6e sate In the tollo�.ing order:(a)to all reawaaDle costs and ercpen5es nf ; , ,. ,
<br /> '��.� ' � the sale, inclu�ding.but noi limited to.Tn�stee's Pec�adualtv irtcurred of rzot mom than 5�10 of the gross safe Prtce• z . • ,
<br /> •-'�=;�-_�.:,—..--- -- -- .���A4�P ��rnrYa' Pees �nd easts of tiile evidence: Ib) to all s�uns secured by th3s Deed of Trust: and (�) t� - --.-
<br /> - . . ; ; excess.if any.to the�so�or persons Ic�alii e�titled thereto.
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