|
a}, __ ;:�.x ''',fi.�_:,�+, c=;.�:.i:
<br /> -;�� � •, - .-�--==�-= _ - -
<br /> _t --_-��_ � `r
<br /> -:_ ��, . ;:_r;-�.� . , . - _ �. ,i _ : , _ _ � :-
<br /> -�� c r'..s;�� . . ' , , � t , •c ' f ..4 . 1.
<br /> �_. � z Y�. - _. ...' "' __
<br /> ay E� 't- < 5 i. .� v< - . i.� _c -p� c 1 . ,. '.`�..:r _ . , . �c c. �, .
<br /> J�f` ��f'' `"<` -C. �.>. , t z . e �, _L., u t �., , �.i t�� '�*1� . `�L `,i� � r F�_ _'i ,t`. .� ......._pc'.,� [c. ' `fcz+ Q- -aati`
<br /> - �'+ -ac��G `.�w-.4-� _'t. � .-o—-o��.�.v._:t.—�.:`.L:.:<._.�.4-`.=.....i....�..`b _�c.._.�,� �.�.�.__. .. . .
<br /> al£�- t � S�L'6 'f _
<br /> �0„`i•• ._Y r,_ t
<br />—vd: ' ' -,CS _r� �-`,C'.`y�� .
<br /> ,i�.� r .: .. .zi �
<br /> __ -- _•i�..` �e..• �� °�..
<br />—' - }C:i.= . 4i� ±;-- L-`.�
<br /> ,,-C= i .. .[i`. ■ • ����� T ±�(� ^.
<br /> =�•j.�(� . � � �~� ` � . .
<br /> �.;3. - �` �� �'�:.::s Finsndal BeQoNs and Aai6ilioua! Docameuts.Tn�stor will provide to BeneCciary npon request. any fiqancial :.: :�`N-;
<br /> _:�;:' �'� :' � �,_�.:�.= statement or mfo�tioa Beneficiary may deem reasonably neoessary.Trustor agrees to s�gn.deliver.and 51e any ,<,<<:;•. ��:=°
<br /> $�,. 'E addirional docnments or certifrations that Benefc�'ary may consider necessary to perfect,continue, and preserve ; . ,
<br /> _ `( � Tnistor's obtigations under this Sec�uity Instrument aad Benefisiary's Gen status on the Property. `�`..-
<br /> —�=�,�' �� , ��' 6. �VA►RRAI�PI'Y OF'I'iI'I.E.Trustor waaants that Tr�tor is or will be lawfully seized of the estate canveyed by ttjis v�_:..`_..
<br /> =.��� � -�<<:.. ��;.
<br />- - '` � • ' Security Instn�ment and has the right to isrevocably gran�convey,and sell the Property to Tnsstee, in uust.with �:�'�^<<� '
<br />__�.�: . � ��.`.` power of sale.'Trustor also warrants that ttte Property ts unencumbered.except for encumbrances nf reccud �� � .
<br /> x�� �>�=.,� 7. DIJ�ON�ALE.Lender may,at its option,declare We enure balance of the Secus�d Debt to be immediatety due `
<br /> �,_ �� ::_�---°'. and payabie upon the creation of,or coatract for the eceation of,a trar�sfer or sate of the Property.This riSht is -
<br /> _:s�� •� subject to the restncttoas im�aged by federal law(12 C.F.R.591),as applicable.
<br /> '� � & DEFAULT.Trustor will be ia defautt if any of the following occur: ��,
<br /> �'r ..t � Fraud.Any Coasumer Borrower engages in fraud or material misrepresentatioa in conaection aith the Secured F :.�;
<br /> ` .� F� Debt thai is an opea end home equity plan. ` _
<br /> i , `
<br /> '= paym¢a�. pqy Consumer Borrower on any Secured Debt that is an open end home eqtriry plan fails to uiake a t�-,: ��
<br /> '�' ~ � `' payment when due. f .
<br /> � _� - � ` ' �'
<br /> property.Any actian or inaction by the Borrower or Grantor occurs that adversety affects the FYOperty or Ixnder's ,�, _
<br /> � '� rights vn the Property.This includes,but is aot timited to.the folloaring. (a)Grantor fails to ma�atain reqtured :.} .
<br /> .�. ,.�: t =: ;,_ �� insurance on the Property: (b) Grantor transfers tbe Property: (c) Grantor commits waste ot ot6erwise �
<br /> � '= '� destructively uses or fa�ls to mamtain the Property such that the actton ar inartion adversely affects Lender's ,�
<br /> ' =- security;(d)Grantor faiLs to pay taxes on the Property or otherwise faiLs to act and thereby catc�es a liea to be 61ed ,
<br /> ,: � -� agawst the Property tt�at is semor to the lien of tWs Security Instrnment;(e)a sole Grantor dies;(t)if more thaa
<br /> �%. ' -- '`• �- . - ==• one Grantor, any Grantor dies and Lender's security is adversely affected;(g) the Property is taken througb �r< <_
<br /> �''� ' ` �� -�.-1: eminent domain; (h)a jud�meat is Wed against Grantor and sub�ects Cnantor and the Property to action that _ :` .
<br /> :�a�:�d;' ' ,` �`� adversel y affects Lender's mterest:or(i) a prior Ge n ho l der forec loses o n t h e P r o p e rt y a n d a s a r e s u l t, L ender's '?:�.; '''
<br /> ..;�,_::::`.
<br /> =��tF=?r� , :�`. . „M intezest�s adversety affected - --
<br /> _`'';�5��?•, ,. �- � _ Eaec�v� pfFtcete.Any Borrower is an euecutive officer of Lender or an affiliate and such Borrower becomes • . _
<br /> � � ;;:`.. . indebted to Lender or auother leader in an aggregate amount greater thaa the amotwt patmitted under federal '..,.
<br /> � laars and regoladons. °�'`;`�,'`
<br /> �`•.�•�{�• � �� 9 REMEDIES ON DEFA�JI.T.In addition to any other remedy available under the terms af this Security ' ' • _
<br /> �`'"--. - `°� Instr�mteat,BeneSciary may aaselerate the Secured Debt aud foreclase this Security.Instrument in a maaner �; _
<br /> z � � provided tsy law if Trustor is w default In some instances,federal and state law will requue Bene6ciary to provide �
<br /> Trustor v�nth notice of the ng�t to cure,or other notices and aiay establish time schedules for foreclosure actions � �s�-'
<br /> . �;-�` • - -- '
<br /> �,:,fi;;t�-" : • : . and ma�r estabtisb time schec�ules for foreclosure actions.Each Trustor requests a copy,of any notice of defauit arsd :�-,'"-::
<br /> w� ��**� ' ' ' any nouce of sale thereunder be ma�7ed to each Trustor at We address provided m Secuon 1 above. L :
<br /> �';�•� �� � � `� ��� ' At the o�tion of the BeneHciary,all or any part of the agreed fees and charges,accrued iaterest and priacipal shaU �: �
<br /> ;,�':j• • • • become�mme d i ate ly due an d paya b le,a f ie r g i v u�g n o t i c e d r e q w r e d b y l a w,u p o n t h e o c c u r r e n c e o f a d e f a W t a r ,'�.�
<br /> .. 4.-: . : ' . :::
<br /> '�, ,,. .. • + � anydme thereafter. .��:,�:.:-.��:,
<br /> ' � If there is a default,Trustee shall,at the request of the Beneficiary.advertise and seU the Pcoperty as a whole or in , ,
<br /> ;'•�;;�;' � -_ sep arate arcels at public auction to ttte highest bidder for cash and convey absolc�te title free aid clear of all n � •, ;�
<br /> � `�`��" • � ptte and mterest of Tn�stor at such time and Qlace as Trustee designates.Tr�-tee shari give notice of sale inclu�g .'. -..��.�_--'-°
<br /> '�'ls,;.`.`.. . . • • ' ` -
<br /> �-'•'�� _ • the time,terms and place of sale aad a descnptioa of the property to be sold as res�uired by the appticable taw in
<br /> .� ..,:,•. . � �F . -
<br /> • , effect at the time of We proposed sate. y
<br /> � �I '�L �• U�on sale of We property and to the extent not prolubited by law.Tructee shall make and deliver a deed to the Property •„ .
<br /> ��'��`•`�'' " � - sold wluch canveys absolute tide to the purchaser,and after first paying all fees,charges aad costs,shall pay to ��r�
<br /> i�:��."':� � , ,_ � Beneficiary all moneys advanced for repaus.taxes,insurance,liens.assessmenu and prior encaimbranees and interest .
<br /> e
<br /> '�:`.�.:� thereon,and the principal and interest on the Secured Deb�paying the suzplus,if any.to Trustor.Beneficiary may , ,
<br /> ._�..:•�.. . ..
<br /> ':'.�.; . • . ` purchase the Property.The recitals in aay deed of wnveyance shall be prima fae�e evidence of the facts set forth therein.
<br /> �.�-�t���:: � • . - The acceptance by Beneficiary of any sum in paymene or partial payment on the Sec�tted Debi after the balance is
<br /> .�.-�.,:;. .'- due or is accelerated or after foreclosure proceedings are filed shall noi constitute a waiver of Beneficiary s right to __
<br /> • �{� '�.= ' . •. � r e q u i r e c o m p l e t e c u re of an y existin g defaWt.B y not exetcising an y temedy on Trustor's defaul�$ene�ciary daes
<br /> . '���::r.°: ' ;�. - . - . � .
<br /> ; :;�, , n a t w a i v e B e n e f i c i a ry's r i g h t t o l a t e r c o n s i der the event a defa u lt it�t ha p peas a gain.
<br /> :�,�: �,.:f..: • . : 1 0. �E N 5 E 3;A DVANCES ON COVENANTS:ATTOaWEYS'FEES:COLL�CI'ION COSTS�If Trustor breaches .,
<br /> �:•,;:, • � . � any covenant in this Sec�urity lastnunent.Trustor agrees to pay all expenses Benefccit►ry incurs in pe r tormin8 suc h :
<br /> ' •• covenants or protecting its secunty interest in the Pro�erty. Such expenses include,but are not linuted to. fees
<br /> � ���t•'' intuned for inspecting,preserving,ar otherwise protectpng the Yraperty and Beneficiary's security mterest.These
<br /> «�r� ���. � expenaes are payabte on deraand and wdl bear interest from the date of payment until paid in fuA at the highest rate oi �
<br /> .. �,>'�
<br /> i:,.�`E . �� . interest in effect as provided in the terms of the Secnred Debt.Trustor agrees to pay all cosu and expenses mcurred by .
<br /> -t•_:`� ' • '� : BeneGciary in collecting.enforcing or pratecting Beneficiary's righu and remedies under th� Security lnstrumenl.
<br /> �= �,�. :
<br /> • . This amount may include,but is�ot lim�ted to.Tn�stee's fees, court costs.and other legal expenses.To the extent .. . .
<br /> � - Qermitted by the Uruted States Bankruptcy Code.Trustor agre�..to pay the re�sonable attomeys' fees BeneBciar�+
<br /> � • � rncurs to c�llect the Secured Debt as awarded hy any court exercising�unsdictian under the Bankruptcy Code.Ttus ..
<br /> - � ' Security Instrumeat shall remain in eftect until released.Trustor agrees to pay for any recnrdation casts of such
<br /> � release. '
<br /> � � I1. ENVIRONMEIYTAL LAWS AND HAZARDOUS 5UBSTANCES.ac used in this sectian.(1}Environmental Law �� �
<br /> :.°�_: , : means,without lim�tatian,the Comprrhensive Envitonmrntal Response.Compcnsation and(.iability Act(CERCLA. .
<br /> . 42 U.S.C. 9601 et seq.). and all uther frderaL state and local laws, regulations,ordinances,court otders,ariurney
<br /> .�.ti.;...;• � • general apinions or�merpretive Settets concerning thr puhlic hralth.safety,welfare,environmcnt or a hazardnus
<br /> ��,,, .... substaner:and(2) Hazardous Substartce mean+any toxic. radioactive or hazardous material. wactr,pnllutant ar
<br /> �.` :, contaminant which has eharaeteristies which rendrr the .uh�tancr dan�ervus or pntrntially dangerouc to the publie
<br /> � hraith.�fety.�vrlfare ur environment. The term include:.withuut lim�tation.any�uh+tanccs drfined a. "hazarde�ac
<br /> =t'� �• material.""toxic�ub�tances.""haiardous waste"or"haiardaus subctancr"under an}�nvvonmrntal La�v• ` .
<br /> h.� � r
<br /> ��. �` � ` Tru�tor repre.�ent�.warrants and agre�s that: � .
<br /> �y.. .,.. .
<br /> A. Except as ptevwusly diulo�ed and acknu��IedgeJ in writinaz t�;Benefic�.in•.nu Ha�arJuu�Suhstance�s ur w711 hr � .
<br /> , . , l o c a tc d.sturcd ut r�leased on i,r m the Nn+prrty. Thi.rrstriction d�,e� nut apply tu .mall yuantities vf
<br /> �.,:����,.; H,:�i�rduus Suh�tancrs Ihat arr s:�•nrrally rern�nvrd t��he appropnate tor thc ni�rmal u.r and maintcnancc of . .
<br /> .o: thc Pruperty. � .
<br /> �-'°": • $. t'.xcr,t.�� reciuu.�lr Jiscl�,kd;m� r�rkn�,µlydgrd m v.nt�n�t�,Hencfic�an•.�1'ru,tur�nJ r��n t�n.mt hati•c heen.
<br /> •,, .,�:,-- -� F P - .
<br /> are..mJ�h.dl remain in full compii:mre n7th any applicahle Eim•ire�nmrntal Law.
<br /> • j <�. �Tr�;.tnr chall immediatrh•nutify Ficnef�nan•if:+rrles•c e�r thrc.+tenr�rrlrn�r u(.i H.i�.u�i��u�Suh�t.incc i�ccur�
<br /> . .�+" _.�.'.
<br /> ,.�y. .
<br /> , �m.undrr��r:�h��ut thc Prn,rrty��r thrrr i�:���r��latnm��f any Em•irnnmental I_;n.•concerninc thr Propert}�. n
<br /> ���' � .urh.+n e�•ent.Tru.h,r:hall takr all nrre•��an•rcmedrd:�ett„n m.�ecnrdancr�titth.�m Fm ir�,nmc•nt�al L.�w t. :
<br /> �cagn,�,r a, .
<br /> � � • .
<br /> �.��:; ��.,�� s �.-. . _ .. . . . _,. ... . ._ CJ - -' -- .
<br /> . ; . . , � .
<br /> i , .
<br /> 7��
<br /> .L,.,-�t, .
<br /> i
<br /> —�'�..+a� . .. r � — `:,'. _ ''i f t< •� ,_tr•I'.
<br /> � -.i...�. , a�., �. .. • '.
<br /> ... �. �.
<br /> �"u _ - • .. . .� . _ ._ . � . .�. i. i. �. . _ . . . �.17 . _ . �. .. . . .... . � . .a.. .� . .. _ ... �. .. _. �� ' .
<br />
|