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<br /> �� owner of the propertY. fh) A trunsfer inta an inter vtvos trust In cvhich the Hnrrowsr ie und remuins n benefIclacy and _____
<br /> � Nhich does nat relnte to u trunsfer of r�ghta of occupancy in the property, or (i) �ny other trnnaPer or dispasition �_
<br /> � descnbed in reQulntions prescrIbed by the Federnl �iome [.oun Bunk �oard, Borro�ver ehnll cause to be eubrn�itted __-:
<br /> . .. �.� itafatmetion required by (.ender to bvoluate tha ttansferee as if n nea loun wern being made to the trnn�9eree.�rror�et
<br /> • wii!conttnue to be obligated under the Note und this Deed of Trust unlesa Lender releases Barrower in Nrldng.
<br /> lt Lestder dor�not agcc:.to such sale or uansPer,Lendet mfly declsee ai! of the sume secured by thts I?�zd oY Trust �_
<br /> �.� t�bo immediately due and payable.If Lender exercises such option to accelerate. Lender shall mtul Barrocver notice ot
<br /> acceleradon in uccotdetica with Para�raPh !2 hereof. Such notice shall provtde a ��rlod oi not less thon 30 duys from _
<br /> ,�*,�;�_,�:.: the dr�te the notice ia meiled or delivered wtthin ahich 8orrower muy pay tha aums declured due.If Boecocver Y�ls to
<br /> � " pay such suma prior to the expication of such period, Le�►der cnuy. �vithout further aotice or damand oa �ore+ocvet'.
<br /> � invoke an3�remedies permitted by psrragrnph 17 hereoi.
<br /> ���� I�TON-iJIJIFORM COVBNANTS.Borro�ver aad Leader iurther covenent and a�ee as follow�
<br /> .:,�. � 17. Accelerntioa; fltemedies. Eacept as provided la paragraph 16 hereof. or as otherwiso requir�d �y taw. -
<br /> �: ' apon Borrower's bretch of any coven�nt or agreomeat ot BonoWer in this Deed of Trnat, it►aludaag
<br /> y� ��; Bonowes's fAtlure ta p�y.by th�e�d oi ten(10)calendar days aiter tho date they are due.any sums sLoue�sd _
<br /> � by this IDeed oi Trust�Lend�r prior to aexelerat3on sh�ll give notico to Borrowar as provided in paragc�(�h�bZ
<br /> ;.�°,. -,;f� hereoi epecity3ng. (1)the breach; (2) the action required to curo such breach; (3)s dste.not less thon 20 datys
<br /> y''� ""' ironi 4he date the,aotica is mailsd to Borrower� by which such breas�must b�cured;aad(4)thn4 feilurm eo
<br /> -_ ...�Z.
<br /> � ;;�. cuee snc�b�c^ach on or�i�sa t�e dnte specified in the motico m�y result in acceleratioa oi the aums sxaur
<br /> :.M�_tW..,;�� :, b�y tmis Dad ni Trust and �le of the Property. The notiv$ shali further �aform Bonower oi tt�e sa�qhe t�
<br /> `nx;;'�"`,�� rolnstate dter accelsratton aad the right to brin�court action to assert the noneYtstence of a de[au18 0�any
<br /> "',;�;.,;;� otUer deiense oi Boraower to acceIarstion aad sale. If the breach is �ot c�ued on or bafozo the date sgaaif�ed
<br />,-���� �n the aotica. Y.eader.at Lender's optioa, msy d�clue al! ni the s�sms s�ecnred by thie Deed oi Truot t�be
<br /> ,;;:_�,�,,: t�ed�atalq due and payable avithout tur�her demsad and may iavolce the pawer oi sale and eraq ot?�cr
<br />-M���;-�"`�'� remedios p�mitted by applicable law. I.�nder shall be eatitled ta coilect all costa utd expens3s incurseil in
<br /> ___� parsuing the remedies providcd ia 4his psragraplt 17 to the extent permitted bp applica6le law.
<br />� =- _-- It Y.ender invokes �th� power of sale. Lendcr op Trustea ahall msi!copies oi a notice of sale ia tEio crs�aaer
<br />-__- prescrtbad by applIIcabla lew to Honawer aad to th�othar persone prescrtbed by applicabto Lnw.Truatee e�dl
<br /> -.---�-�� glv� nottce oi salo by pubfic advertisement for the tLae and in the maaaer prescrtbed by aPPUaam9�f l�w•
<br /> =-==��- ��.� �i;}������A..n Aoreower,shsll sell the Property at public anctioa to the higheat bidder�ar esah
<br />____'°,;;;;;�� at the tim�and pLce�ad under the terms designated in the notice of sale in ono or more parcels and qax euc�t
<br /> =-� ord.er as Trustee maq determiae.Trustee msy�ostQoae sale o!aU or any par�ei of the Property to ariy latcr
<br /> timc on the sam� �ate bg pnblic aaaouncxment at the time and place of anp previously schedn��R sslc.
<br /> -�-- Lender or Lender's��si$stee maY�urchtce tho Property st aaq sala
<br /> —�"`�� Trustee shall delivet to the pua��►�.ser Trustee's decd e�nveying the Property so sold without aay c�a�aat �
<br /> -�-m--- or warrar,8g�. �:pressed or implio�d. Thc recitals in tho'Il'rusted's deed shali bt �ima faate ovidon�e'a���the
<br /> Erutb oi tha s�tatamaats meda therein.Trustee shall apply the praxeds of the site in thc i�rDlaw�ig����: (a)
<br />--�:.��e to all reasonable coste and eapeases oi the s�4e. iacladia�, but not limited to� reasonablo�.�'��istso's [e�s aad =
<br /> -"--- attorn�ys'feea md costs of title evidence: (b)to nll aums secored by this Deed of Trust; amcZ(c)tho e�cess,�t
<br /> any. to tha�porsan or persone le�ally enti4led thereto.
<br /> I8.Borrowas's Ri�ht to Reiastate. Notsqithstandiag Lxader's aoceleration of the sums secured by thi8 Daed of
<br /> Trust duo to BorroWes's bteach,Borrower s�all t�ave tha right to have anY P�SS�by Leader W onfi�t+ee this
<br />—_ _ � . Dad oi Trust discon�ssnue�at aaq time prior to the earlier to oocur of���the�if�fth daq before the�+±le ni tha�'lnaperty -
<br /> --- ---- putsusat to the power�f,sate coatained in this Deed of Trust or(ii)entr�c�S.�.NdB�eat en4orcing this lleod of•Trust ii:
<br />--_-�:�.�!!� (a�Homower pape I.et�d���11�g���ch would be then duo under tlue Deed o!Trust and the Note bed ao accaIorstioa
<br />_ .___.._;.,,p`H$� �rnd: (b) Borrower e�all br+s�ches of aaq o4her coaentw�ar ag�eements oi norzflwer caataiaed in tbie�psd of
<br /> -—�-:-�;��=
<br /> - Trust: (c) Botmwer ,�naYs•-a11 reasoaablo eapenses incumed 'by Leader and Trustee in eaforcing the cov��.�;and
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<br />-- -- ----- agreements of Borrnw�r contaiaed ia this D�ed r.i.Ttust,aad in eaforctn�I.euder's and Trustee's;ssxt�es as�rovided
<br />__�� '� sn�s�•gh s7 t�r._nf,inciudiag.bot not limite�l io.reasonable attoraeys'tees to the eatent permitted byr applia�ble law;
<br /> - - - a� (df Tor:ower�:w 3L`Ct! flCtl�A s�q I.elldeP ri18y lt,�'SOIISbIy tCQlricB io eb5O1'e LhBL L�B 11eII oI si1le iJeeo�ati•"3'•raroi,
<br /> - I,oader's iateme.st ia the Property and Borrower's oblig,atioa to paq the sums secured by this Decd of'Truat shall�caab�tae
<br /> vnimpaired. Upon such payment and cure by Bono�ver. this Deed oi Trust aad the obligations e�cuned he���sh�11
<br /> renain in full toroe a�d�ffect as if ao acoeleratian had occurred.
<br /> 19.Assi�emt c��ents; Appointmeat o$Ruxiver; Leuder in ��ssession. Aa additional secwit9 hm�unde�� �
<br /> - - - Borrower hereby essIgtis to Leadez the reats of the Property,provided that Bortower eDiall,prior to acoeletaYaon uades
<br /> _ --- --= psragraPh 17 hereof or abandonment of the Property.have the right w oollect and retain such reats ee they be�omo dues
<br /> _ ;.r;.�� �d �yable. ;
<br /> -%'�"`�"'�' Upon acceleration un�er paragrePhY 17 h�reof ar abaadontneat of the Pmperty. Lender.in p�sson, bY e8et►t on bq ,
<br />_=`_r,�=�:�,� judicially appointod•�'s�eoeiver.shall be eatitled W enter upon�take pa��ian of and manage the 1�ertY aa�Ro aallect
<br /> -°=��"� the reats oi the Propei'tY including those past due.All reats oollected by I.ender or the reoeiver sha4l be applia��vt to
<br /> -- "�`��`�� �ent of the costs of managemeat of the Propetty sad amllection of reats, including,but not limite�to,��:�iver's
<br /> _°=:__�s�:rirry:� Pa9
<br /> _�,;�;�;�� fees,Ptemiuma on reLeiver's bonds and ressonable attara�ya'Pea,s.aad then to the sums secured by this Desfl��'Crast.
<br /> :;_:-_k�ti� I,ender and the receiv�rshaU be liable to aceoimt only for those rents as.KVally received.
<br /> -���+�-�` .` T�_Qelr�se.Uman aaqment of all sums secured by tlris Deed of Tn�¢.aad,it this Deed of Trust sacunes u Laervolviag '
<br /> '"'�—"--�= - = Loaa Ageement,Borromer reqt�sts Lender to release this Deed of Trust.Lender sbait cause tiiis i�e�oi i raai iv oa
<br /> --_���': release�l wittzout charge to BmroNer.Borrower shall pay all vos�of recordation,if anY• „
<br /> .��.,:.,:�.,�;:- ` 21.SubsNtute Trnstec. Leu�er, at Leuder's option, may trom time to time appoint a suo�or trustee to aay -
<br /> -.`'`"4j Trustee appointed hereuader by an instrument recoided in thr countq in�virich this Deed of Trust is t+asanrd�B.�Vithout _
<br /> -- . ;.._..,.�: -
<br /> �`�,a::_r`s,.;.7s,-;s� canvepance of the PropertY. the suvice�or trustee shsli sua�eed to ail the title, poaer and dirti� oanfat�d ugan the --
<br /> --;r+`�..`;�;'-'#• Trustee herein and by applicable law. _
<br /> -� - - •- 22.Request for Notioes. Bora+ocver requests that copies of the notice oi default nad aotice oi sale be seat eo
<br /> . _ ` Borrocver s address�vhich is the Property Address. -
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