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202202941
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Last modified
4/21/2022 4:41:38 PM
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4/21/2022 4:41:38 PM
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DEEDS
Inst Number
202202941
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202202941 <br />Lender shall not be a waiver of Lender's right to accelerate the maturity of the <br />indebtedness secured by this Deed of Trust. <br />(d) Successors and Assigns Bound; Joint and Several Liability; Captions. <br />The covenants and agreements contained herein shall bind, and the rights <br />hereunder shall inure to, the respective successors and assigns of Lender and <br />Trustor. All covenants and agreements of Trustor shall be joint and several. The <br />captions and headings of the paragraphs of this Deed of Trust are for convenience <br />only and are not to be used to interpret or define the provisions hereof. <br />(e) Request for Notices. The parties hereby request that a copy of any <br />notice of default hereunder and a copy of any notice of sale hereunder be mailed <br />to each party hereto at the address set forth above, in the manner prescribed by <br />applicable law. Except for any other notice required under applicable law to be <br />given in another manner, any notice provided for in this Deed of Trust shall be <br />given by mailing such notice by Certified Mail addressed to the other parties at <br />the addresses set forth above. Any notice provided for in this Deed of Trust shall <br />be effective upon mailing in the manner designated herein. If Trustor is more <br />than one person, notice sent to the address set forth above shall be notice to all <br />such persons. <br />(f) Inspection. Lender may make, or cause to be made, reasonable entries <br />upon and inspections of the Property, provided that Lender shall give Trustor <br />notice prior to any such inspection specifying reasonable cause therefor related to <br />Lender's interest in the Property. <br />(g) Reconveyance. Upon payment of all sums secured by this Deed of <br />Trust, Lender shall request Trustee to reconvey the Property and shall surrender <br />this Deed of Trust and all notes evidencing indebtedness secured by this Deed of <br />Trust to Trustee. Trustee shall reconvey the Property, without warranty and <br />without charge, to the person or persons legally entitled thereto. Trustor shall pay <br />all costs of recordation, if any. <br />(h) Liens and Encumbrances. Trustor hereby warrants and represents that <br />there is no default under the provisions of any mortgage, deed of trust, lease, or <br />purchase contract describing all or any part of the Property, or any other contract, <br />instrument, or agreement constituting a lien or encumbrance against all or any <br />part of the Property, (collectively, "Liens") existing as of the date of this Deed of <br />Trust; and that any and all existing Liens remain unmodified except as may be <br />disclosed to Lender by Trustor in writing. Trustor shall timely perform all of <br />Trustor's obligations, covenants, representations, and warranties under any and all <br />existing and future Liens, and shall not, without Lender's prior written consent, in <br />any manner modify the provisions of or allow any future advances under any <br />existing or future Liens. <br />(i) Application of Payments. Unless otherwise required by law, sums <br />paid to Lender hereunder, including without limitation payments of principal and <br />interest, insurance proceeds, condemnation proceeds, and rents and profits, shall <br />be applied by Lender to the amounts due and owing from Trustor and Borrower in <br />such order as Lender in its sole discretion deems desirable. <br />(j) Severability. If any provision of this Deed of Trust conflicts with <br />applicable law or is declared invalid or otherwise unenforceable, such conflict or <br />invalidity shall not affect the other provisions of this Deed of Trust or the Note <br />Page 5 of 6 <br />
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