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<br /> .. _ �9� 10�.� cPa$�4 0�s�
<br /> � � � onner cf the propertp. (h1 e transfe�'into an iater vicos truss in which the Barroc�er is and remains a beneficiary and •
<br /> ,. , . . I �vhich daES aot relate ta n transfer oY rights of occupaacY in the progerty,or (i)any other traasFet or dispositioa .
<br /> f d�cribsd in regulations prescribed b�the Federal Home Loan Bank�oard,Botroner shall cause t�he submitted
<br /> inYormation required by Lender to evaluate the transferee as if a new laan nere�eing made to the transferee.Borroner
<br /> ' � cvill continue to bs obligated under the\ote a�d tUis Deed of Trust unless Lender releases Hononer in nriting.
<br /> . ; lf Lettdet does not a�ree to st:ch sale or transFer,Lender may declare all of the sums secured by_this I?sed of Trust to s�
<br /> . � be immediately dus and payabSe. If Lender eaercises such option to accelerate, Lender shall mail Bonoc►er notice of
<br /> � acceleration in accardance cvith paragraph 12 hereof.Such notice shalt pro�•e�'e s period of not less thsin 30 days from the .
<br /> _ -_:-�.. �t�the notice is mailed or delivered�vithin cvttich Borrower may p�y the sums declared due.If Barro�r•er fails to pay �`
<br /> �~, � • such sums prior to the eapiration of such periad,l-ender maq.�sithout further notice or demaud on�orro�rer, invake �.;�
<br /> � ' � any remedies germitted bY P��Ph 1?hereof.
<br /> NON'UNIFOR'�i COVEI�IAN'TS•BorrmNer aad I.eader further covenant and agree as fallocv� __;s`
<br /> • � � � 17.Accetaration; Ramedie§. Escept as provided in paragraph ib hereof, or as otherwise reqnired bq law, _
<br /> . ugoa Sorrower s brsa�h of any covenaat or ��reemeat oi $osrower in tE�frs Dr,zd of Trust, iacluding �;"
<br /> � � Bonower's failure to pay, 6y the end o�ten(10)caleadar d�ps after the date ttneq are due. any sn�s secured F�.__
<br /> . '��. by this IDeed ot ftust, Lender prior to accxleration shsll give notice to Horrower as providsd in paragnph 12 :--
<br /> hereof sgecifqin�: (U the breach; (2)4he action reqnired to cure such breach;(3)e date, uo4less than ZO dap� �,s
<br /> � ,; ; �r froan the date the aotice is mailed to Borrower. �by w�ich suah bneach must be cured; and (4)that fsilure to �;,
<br /> cnre auch breach on or before the dt�te sgeciiie8 ia the notix map resul8 in acceleratioa of the stanas secured f�___
<br /> �aq tl�ns D�d of Trost aad sale of Zhe Property. Ths notice shall fetrther inform Horrower of �e right to
<br /> ' •`'� r�isista4,e af4er sc�eleretion aad the right to bring canrt action to assert 4hc nonesistenc�oi a deC�ul�mr aay `.�
<br /> . �: a�er defea�e af Bonower xo acceleratioa and sale.U the breach is not cured on or beiore Ehe a1s�.,specift��l �_;--
<br /> � i�n the noticm,Lender, at I.endee's option, may declsre aU oi the som§ secured by this Dud of Trast to i�e �F`'°
<br /> . Y FMn
<br /> � ��.� • ir�mediately due mnd pa�able wi4hout fusther aemand sad msy invoke the power oi sal� and any other
<br /> .. reffie8ies parmitted by ag�tlicable law. I.�nder shall be eatitled to collect al� cos4s sad espenses iacuaed in �=:
<br /> • �� p+�esuing the reanedies provided ia thfls parsgrapb 17 to the eatent ptrm'stEed by applicable taw. _
<br /> 1f Leader in�okes the pmwer ai snle. Lender or Trustee shsll mail copies of a no8ace oi sale in the manner
<br /> psascribed by applicable law to Borracver and to the o4her persons prescribed by ap�licable law.Trustee sholl
<br /> , �. . give notice oi sale bq pulb�ic advertssamen4 for the time and in the msaaer prescribed by applicable law.
<br /> � - 'E'r�sst�e.withou4 demand aa Barcocver,shall sell t�e Fraperty at public suction to the highest biddet for cash
<br />� � � at the time and place and under the terms desigca3zd in th�aotice of sale in one or mos�parcels and in an�h
<br /> - osder as Tcu�may dateraniae.Trustee may postpone sale oi all or amq parcel of the Property to any latsr
<br />' ' time on the �e date bq public a�nounoement at 4he tiuze and place oi any �arev�ously schedated suJ�.
<br /> -• • Lende-r or Lenatr's designee inay puff�T�ase the Psopertq at a�g sale.
<br /> ' 'fcng6ex shall deliver to 4he Qurchasez'H'rustee's d�cl conveying the Frop�so s�ld with�u�asy covenant
<br /> � �s� w�zeanty, espressed or implie� 'Pt+e reei4ats in th�Trustee's deed shall be prima faese eci.c�ace of the
<br /> � Qsu;h of the ststefnents made thereia_T's��tee sr�a:1 applq the proceeds oi the sale im the foIl�v�iQ�order. (e)
<br /> ' '� �>' to all eessonable costs and eapensss of:tis sale, incYudiag, but not limited to, reas�nable Tn;stee's fees aad
<br /> _ �" ` ! a4tornays'fees and costs of 4itle evidc,��; (b)to aU sums c.cured by this Deed of Trust;and(c)th�agces9.if
<br /> _ :. rtai,Yo the getson or persons legally entitled tLer�to.
<br /> . tg, �orsower's Right to lteinstate. Notwiths��:�iag I.ender's acceleratioa of the sums secused b: shis.Deed of
<br /> � °., r:-��;;'�' � Trust due to florroNer's breach,BorraNer shnll have the right to have any praceedings begun by Lender t�enforce tlua
<br /> `:'?'�;,=� � ' Deed o�Tn�^t ds.��continued at any time prior w the eaclier to acr-~of (i}the fifth day before the sale of the Property
<br /> :"�fi
<br /> '�'-��_'�s__ _ g�l:s►ssas to t::rn�rer oi sale containe3 in tlus I?eed of Trust or(�:?entry of a judgment enforcing this Deed oY Tru�t sF:
<br /> - = :'•�i (,yJ, L�:,^,?fOY.•er pays Lender all sums Nhich would be then due under tlus Deed of Trust aad tha Note had no aceele�v�sas
<br /> � -*' Bxi,rred;(b) HorroNer cures aU breachra of any other wvenanta or agreements of Banower wntained in thie Deed of
<br /> --° ir„st; (c) Barrorler pays all reasonable es�ens� :~��ned b� 1.ender and T^rstee in enforcing the covenants aad -
<br /> ,�.'_�:;'_;-�. � �j agree�nf�.ts af Borrower contained in tiv.s�:_d cF.:,:st, and ia enforcing Lender's and Trustee's remedies sa provided
<br /> �_•F��• : • " in parc►geaph 17 hereof,including,lout nc�-LrL.�=�:reasonable attorneys'fee.s to the eatenr. ;���itted by applicuble law; L
<br /> - ''}'��;;-�` and (d) gorroe�er takea such action as I��:::�°r:'r: �easonably require to as.:re that t::� _�:� of ttus Deed of Trust,
<br /> :--�I_'�IA
<br /> ,.t2<<� ,`.'.'' `� Lendar's interest in the Pratu:'ty�d Borrower's c�:��-tiyz`:on to pay the sums E:�u.n�by this Deed of Tru�shall cont�nue _
<br /> � '�"`°`" �� vaimp�ired. Upon such Fa,�:zent aad cure by &:�=:��:r, this Deed of Trw ;trr.3 the obligations s�s;�+�:t:ereby shall =
<br /> �,"��y•...... .
<br /> � '" "'�"'" • re:�ain in feI f.f.r,.*ce and effect as if no acceleration h�+er,cusrew
<br /> ' � � DS. Aas��cant oi Remts; Appoiatmen4 of Yteceiver; °u^��u:�-in Possession. Aa addiuonal secudty hereriz�dr r,
<br /> . En�ra�ver t�ereby assigns to 1.ende�'the rents of the Propertp,p^�"':3�that Borro�rer shall,prior to acceleration��sr
<br /> � . pssr.n�r�'aph 17 hereof or abandonment of the Propere:. '��ve the right w collezt and retain such rer►ta us they become due
<br /> , . :iss,�payable.
<br /> ' � Upon acceleration under paragaphy 17 hereof or abandonment of the Property, Lender, in persan, L•y agent or by
<br /> � � ���. �, judicially appointed r�eiver�shall be enrir,:ed to enter upon,take possession o4 and maaage the Property aad to collect —
<br /> � ths rents of the Property including th�va:r.�'i due. All renta collect$d by Lender or the receiver shall be applied�rst to
<br /> hti;�i�.� ;;�. ray;nent of the costs of management cf the Prc�Ertti and :ollection o4 ren�, including, but not limito3 to, receiver's -�
<br /> `'� � . , .' ; fe�, ptemiums on receiver's bonds and reasanab.e a�.�:�r:ieys'fees,and 4hen'-r�the sume secured bq Yhi� D�d oY Trusst. �g_
<br /> �� � Lsnder and the receiver shall be liable tc�:count o�ig fcr tt.����.�°s aetunlly reeeived.
<br /> �•'' � 2U. Rele�se. Upon payment of all suer.s secured by t�is D�3.��f Trust,and,if this Deed of Trust secures a Revc1�:i:7II G:
<br /> � �; Loan Agreement,Borrocrer requests L ender to rele�.:thss Dccd.of Trust,Lender shall cause thie DEed of Truat w �be
<br /> � � � rel��ed Nithout charge to Banocver.Borrower shali Pay ali r,oste of recordation,if any.
<br /> ' 2i. 5ubstitute Tr�stee. Lender. at Lender's ap2ion, muy from time to time appoint a succ�sor trusRee tn any
<br /> ' � Trustee appuinted hereundet by tu►instrument recorded in the county in which this Deed of Trust is recorded.�'Vithout
<br /> � • conveyance of the Property. the successor trustee shall sueceed to all Lhe title, poner and duties conferred uponn the _
<br /> � Trustee herein and by applicable lac�. _
<br /> . � 1.2. Request for Notices. Bonorier res�uests that wpies of the notice of default und notice of �le be sent to _,
<br /> � Borrocver s address�rhich is tha PropErty Address. �
<br /> - -r- - OD•SO-f1�Da�fl ot Trus�[:E OA16ilUli I�������,���„���'���' �:nCD70:4 l
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