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<br /> ° ` `� ` ' 102293 Ol/09/1999 �4�4 '��.��' :
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<br /> �,�'� � :,�r nARON $ OBS�ILLBR �IFBR J QSBRMZLLSR
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<br /> ' °`' rr S.Cond�nnatton.The procadc of auy awaid ar claim for damages.direct or wns�e�ia1,in oonaecaon wit�aay � r
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<br /> ,�, _'- � �ondeumarion or other cak�ng�f t5e PmpeKy.or part th�eof. or for coaveyanee in lieu of condemmuion. aze hecebY i-�s� :r°
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<br /> .�. . �:•. . -- as�g�aad shaD be g2id to I�der.snbject to the ceims of any mongage.deed of mut or otII�r secm'iry agr�eot wrth a '`:�., '� '-�.'
<br /> £ li�which 6as�riority over this aeed af Tn�. � �'� .
<br /> � ` 4 a�``���4 � !0. 8arnower Not Reteased: Forbea�ance 67 Lead�r Mut a VPaiv�. Extension of the rime for paymeat or � ` ` -
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<br /> ,` �. mo�fication of amortization of du sums sewced by this Deod of Tn�st giansed by Lender to anY�r •
<br /> � _ ' �R � Hoaower s6all uot crperntc to nl�ase.'tn any mantxr.IffC IISI11Iltj►O�tI3L"OIIgIffiI BOItOWCi 811�BOTtr3WCf�S SQO�SSOIS Iil � �`�� _ .:Q F�:
<br /> ��`, � inserest.I.ender si�all not be ceq�m comtnence p � �aga�ws�such succescor or te€vse to extend ame for paymenc � `��=
<br /> _ _�t? � 4 or odtetwise modify amo�ti7ation of the swns s��red by thss Qeed af Ttast by ceason of a�r demand made by the onginat � ;��;a' _y;
<br /> tr �_ ` ,g �3 Bortuwer a�Borrovrer's svcces�rs in interes�. AnY forhearance bY Ixvder in exetcising any right or remedy hetwnder. � ;,� r�-�.
<br /> �� � `�+j; or otheiwise affozded bY aPPlicabte law.sLav not 6e a waiver of ar greclude the exen�e of a�r such right or r�nedy.
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<br /> -_ � -.�t�°;,.�4x 11.Suo�ae�s enA Assl�Bouad:Joint aad Sev�af I�abWty;Co-sigu�s. The cavenants and agreements hezeu► �' .` _ , -
<br /> �= �` �'. ` contained shall bind.and the tig6ts hem�Wiuder si�ali im�re to.tise respecave saccessors and assigns of L.ender anul Borrower. :', �,� 'r�- .
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<br /> �yY'- s . r s . SubjeC[pD the p�OViSiotls of paT'd$t2ph 16 henCOf. AtU rnveaaats and agreemeats of Borrower shaU be joint and seve�al. _; > •�t_`
<br />_� . ._ ,a,_,.: .._::•,. pny Bornower who co-sigas this Deed of Ttust.but does noi exearte the Ptote.(a)is co-si8�ng d�s Deed of Tmst only m _.� � �
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<br /> � " ` � r`'� grant and comey that Bom�rer's interest in the Praperty w Tn�.stee under the terms of this Deed of Trnst.(b) is nnt
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<br /> , -- _- _ ' personaliy liabte oa the Note or fmder d�is Deed af Tn�st.aud{c)agrees that Leuder and aay other Borrawer becamdec �,�� �
<br /> —�� ' k may agcee to exteitd.modifj►.forbear.or arake any other accommodations with regard to the te�s of this Deed of Tmst or f' ; T'
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<br /> �i -�M � �: the Note.without th�t Bouower's consent and without releasing[hat Botrower or modifging this Deed of Tmst as to that s f , i
<br /> ��.` . _ Botrower's interest in the PropertY• h�ab3e law to be given in a n o d t e r maIIner. (a)a n Y n o ti c e to ;`�f ,'� r � .._ :
<br /> _�,:. ,., .; '�_,,�.����`I� ]2. Notite. ExceQt for aay notice requited umder aPP.
<br /> 8utrowet ptovided for in this Deed of Ttust shaA be given by delivering it or hy masling stuh untice by certified mail ;� � , �
<br /> ��� ' r: 1ddleSSed W B[1mlwel St thC P[OPC[tY AddieSS OT 8I SUCh OfhCT 2ddICSS 3S BaliOweZ ID3y d2S1$1)i1iC bY IFOiICC 00 Le1We!a4 r; _
<br />�=°: f pmvided herein,and(b)anY notice to Lender s6a11 be given by certifed mail to Lender's address stated hecein or to svch .
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<br /> � . _ ;°`, ather add�ess as Lender may desig�ate by notice tn Bo�wer as pmvided herein.Auy aorice provided for in d�is Deed of ��
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<br /> � Tmst shall be deemed w Lave been givea w Bomnwer or L�eader wben given in the nrenner desgnated herein. - >�,,r_
<br /> - .`' `'. � 't' 13.Governiag 1avv;Seve�rabllity.The state and tocal laws applicable tn dus Deed.of Tsast sha116e the laws of the � i -
<br /> ti :.« -� - a� _.
<br /> °�� juri�on in which the Property is located. The foregoing sentence s6all not limit the agplicabiliry of Federal hw to this .,; .�► `
<br /> �� ``< ' - De�d of Trast. In the eveat dtat azry pmvisioa or clauss of dds Deed of Trost or the Nate caa�Cts wid�aPPlicable law.
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<br />�,f �• - svch conflict shaU not affect other pravisions of Bvs Deed uf Tmsc or the Note afiich caa 6e given effeet arithout die � �. _
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<br />_ i;� coafl�cxing provision.aad to tbis end the pmvisioas of this Deed of Tiust and ttte Note aze declared to be sevetable. As •; t � �, '
<br /> _ . �:,i: �� •��, •expenses^and"attomeys' fees' include aU swns w the exoe�not pmhibited by agplicable law or �,��-;
<br /> �` �� ' limited hecein. °� ` `' ,
<br /> �� ;....,; . 14.Bonower's Copy. Bormwer shall be furnished a wnformed copy of the Note and nf this De�d of Tms�s at the �,�._
<br /> '�"`- . . `• time of execution or after iecordadan hereof. �•�''�r`
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<br /> ;i 15. Rebabilitation I.aar� Agi�eanent. Borrower si�aU fiilfill all of Bormwer's obBgat�ons under a�► home ,�:�s.
<br /> �,Z^ ' re6abilitation.imProvemeut.repair or ather loan agrcement artuch Borrower eaters into with Lendec. L e n der.at L e n der's E :
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<br /> ;`° • - r, apdion. maY recluire Bo�rower to execute and deliver w Lender. in a fonn acc�table w L,ender. an assiSament of any T Y-_
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<br /> rigpts.ciaims or defenses which Horrower may Bave asainst Pacdes who supply labor. materials or secvices in coanecdon .`� V �fi
<br /> � s `. � • with impmvemeuts made to the PropertY• . � �Y
<br /> ��;,' � •. ,',. ` , - 16.Trangfer of the Property or a Bea�Ydel Iaterest in Born�w�. If all or anY Part of the Property or apy interest v •
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<br /> �'� `�� ` � '`;. in it is sotd or uansfesed (or if a beaeficial interest in Borrower is sold ar aaasferrcd attd Hosowec is not a natural ': _
<br /> ,'t�,';;;� person) withont Lender's prior wriaen consea�Lender may.at iu option. require immediate PaYmeni in full of all sums , •:;
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<br /> � c�: `;... • se�ured by this Deed of Trust. However.this oPnon s6a11 mt be exercised by Leader if exercise is pmhibited by fedezal
<br /> ;�`�'+ . ,;,." law as of the date of thia Deed of Tnist. ' c
<br /> �;� ..' r� . _ - If Lendet exetcises this opdon.Leuder shafl give Borrower notice of acceleradon.The nndce shaU provtde a period :u:.._:_,T;-..
<br /> � -� -_ 3: af not tess Wan 30 days from the dace ihe nouce is deliverwi ar maiiect wit�sin vrhich Borrower most pay sii sums secaued _-
<br /> �c-.;�: . � by this Deed of Tn�st. If Borrower fails w paY these sums prior to the expiiation of this period.l+ender may imroke any+
<br /> .._._„ . ,. .',;:;r�. nynedlespermitted by this beed of Trast without futther nodce or demaad on Boaower. ;��::
<br /> � '� � NoN-UMFORM COVENAM'S. 8arrawer and Lender fuN�er cavenant and agree as follows: �
<br /> �%��'� n Borrawer's breach of auy '���;:�
<br /> s::'i•. � I?. Aceeteratton; R�edtes. Excep! as Pmvided in parap'aph 16 6er�eof, upo
<br /> � " . •� ' coyenant or agre�ment of Borrower in this Deed of Tnsct,inctadin�Borrower`s fenure to pay,by 4he end of 10 ...
<br /> �.:.` :. .�' c e t e a d a r d a y s a f t e r th e y are due,an y sUms secured by thts Deed of Trus�. l,ead�prlor to acceteration shell�ive . .•.
<br /> ecu � '
<br /> � t`` nottce to Bon'ower as provlded in paraga�b l2 h�eof spedfying:(1) the b r e a c l q(2)t he a e t f o n r e�u l r e d t o r u r e • .
<br /> ;'- s u c b brea c t�t3)a date,not less tban 20 daYs from the date the notice Is malled to Borruwer,by which sucte bresch
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<br /> ,,:j mnst be c�and(4)that fallure to cure sucf�breach on or before the d a te s p e d i t e�i n t h e n o t l a e m a 9 e e s u l t i n
<br /> t':.:'': ' acceteasttoa oP the sums sec�ued by thls Deed of Trust and sale oP t6e Property.The notice shall fu�ther inform :
<br /> ''': : � • � Borrawer of the rlght to relastate after acceleration and the d�ht to bring a wwrt acNon to assert the noaexlst�ce of -r• : ' . ,
<br /> �::...; . .
<br /> �",•. ' � � � �• a defautt or any other defease of Borrawer to acaeteratlo�and saie.If the breach is aot c�1 on or befom the date
<br /> �' ��'� � � Lender,at Lender's optlon,may declare ali of the s�secured by tWs Deed of Trust to be . .
<br /> � . spedfied!n t6e notice, . .
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<br /> �a� •, Lnmedlately due and payable without fiuther demand and may invoke the power of sale and any other remedles
<br /> '.:::;-:; �., • . { pesmitted by appilcabte law. Lender sl�all be entitt�d to co!lect all reasonable costs and expen�c.w in� �n
<br /> :;;�;;:..;.; .: � pursWng the remedies provfded in thls para�ePh 17,Ineluding,but not Umitedto,reasonabte attoraeys'Pees. • ' .
<br /> :�-''��' � � . If the Rower of sale is Invoked,Tn�stee shall record e notice of defanit in eac6 eountY in whtcb the Property or
<br /> • � • • ..� some part thereof is located and shall ma11 copfes of such norice in t6e manner prescribed by appItcable law to
<br /> :+�:'.: �� lleable Iaw.Atter the tapse of such time as may be required DY .. . .
<br /> ;:>;_,.... • • Borrower and to the other perso�prescribed by aPP Ucable •
<br /> :�`.:� � appficabte law,Trnstee shall give publtc notice of sate to the persoas and in the manner pr¢scriUed bY aPP . ..
<br /> `�?�:�^:;; ' : law.Tn�tee,without d�aad on Borrower,ahatl sei!the Property at public suctioa to the hlghest bldder at the time
<br /> �;;�';"• . ' . and place and nnder the terniv designated in the notice of sale In one or more parceL9 and in such order as Trustee
<br /> - _ ' . �� may t[�termine.Tn�stee may postpoae sale of all or any parcel of the Property by pubHc announoement at the time _
<br /> ��§.,;°.,! . . . . j and pface of any previously scheduled sele.Lender or Lender's deslgnee may purchase the Property at any sa�e. . ' .
<br /> .:`... • � } Upon receipt of psyment of the prlce bld,Tnutee shaU dellver to the purchaser Trustee's deed conveying the
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<br /> �: • . ' Property sold.The recltats in the Trustee's deed shall be prima fade evidense of the truth of the stetements made , .
<br /> ���`�'� �� . therein.Trustee shall apply the proceeds oP the sale in the foltowing order:(a)to all reasonabl�casts and expenses oP
<br /> � the sale,includjng,but not limited to,TnLCtee's fees actually incurred of not more than 5°b of the�oss sale prlce.
<br /> =�"�'--- ' ' �---.. . _ r�,s�:b!� a!lorneys• f� And rn�t� nf tiQe evidence: (b) to all svm.s secur:d by thls Deed of Trust: and (c) the � ,�,
<br /> � '� e�ccess,if any.to the person vr persons legally enNtled thereto. � ; .
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