. .. . . ..,n�� . ._�t,.
<br /> • ` <N
<br /> _ .. ` ..;iL�� . . . .. .. ..
<br /> -r�� . . �rj�- . � .
<br /> i .. . ... _ ' n
<br /> � riC�odr11��1,1�,
<br /> aK�{y�, .f�µuud+✓�:�� .. _.. . ...r+:,�r..�...... .. , . _.�_.°'M '_'_'_
<br /> i. .. . . .......-"'...._.... _�._'_. "'_'..,... ._..._.._....._.. �
<br /> _
<br /> :www�,-.���e{e...:..- ,. - ' "_'__...--�_.._.__.
<br /> p.w... '""... .. ....._.__.^-"___'
<br /> �� , ' . �
<br /> ,.� �- ,
<br /> �� ����� �s ,.
<br /> fc'dnAnetteD Reporle and Addittonnl Ducuments.Teuator�vUl provide to Heaeficiury upon reque.st, s�nny flnancinl statement �y;
<br /> or information Heneflc}ay maY deem rsasonubly necessary. Trustor a�reea to sign, deliver. and file any uddicional
<br /> � n der this Sea rity Iastn n ent and�ene�fi��y�s l�en saatus on th�g ity. �COntlnue,mtd preserve Trusror's obliBatiotta
<br /> � ` b. WpitLtAN�i'Y OF ia�(Y.�. '�ruator wnc.�ta tbat Trustor i:. or ���ill �e larrfully seized of the es�ate conveyed by thia
<br /> � Secutity Gtstnuttent and hAa thi�gh�t.too ien+evia�enc�be�a e�cept f ieenc�uemb�ran�ce�,4 of reco�rd�jn trust,with power of .�-.
<br /> ° sale.9'ruaror also wsurnnta thn P rtY �
<br /> ��„�;;,�s 7. DUE ON SAI.E.Lxnder mey.at its option.declare the entire balaace of the Secured Debt to tse immediacel due and
<br /> �_-'
<br /> ,'_::..t;a,yr ; payable upon the creatlon of,or contruct for the creation o��bitraasfer or sale of the Property.Thts dght is sub�ect to the _
<br /> , restrictions imposed by fedeml Sa�v(12 C.F.R.591),as app Y'
<br /> � 8. DEFAULT.Trustot wW be ia default if any of the followiag occur: •°
<br /> • � P�aud. Aay Consuuier Borrower engages in fraud ot matedal wisrepresentatton in connecdon with the Secured Debt that
<br /> � � is an ogen end home equiry plan.
<br /> d;
<br /> �• paymente, Any C.onsumer Borrower oa any Secured Debt that is aa open end home equiry plan fails to make a paytaent
<br /> when dua.
<br /> ,� , ' _.� or Lender's ri ta
<br /> g��s�p,/�mr action or inacHon isy the Botrower or C.rantos ocru�s that adversely affe�ts the Property Sh
<br /> ' ' ���eI�-operty�'fhis Iucludes,but is nat Itmited co,the folI�ying:(a)Grantoe faiis to maimaia nequlred ias�uattcs on the �
<br /> Pmperty;Zb)Grentor transfers the Pro .(c)Craator ca�its waste or other�se desuuctively uses or fails to matatain
<br /> . ,. � the�c�aperty such[hat the �ctiot►or�oa adve�se1y affc�ss I.ender's see�rity td)Graator fails w pay texea on the
<br /> - property or otheiwise faiis w act and thereby causes a lten to be flled against the�c+nperty that is senior to the t[ea of tWa __
<br /> -,-- Security Instnuaent; (e) a sole Grantor dies• (� if more than one Graneor, aay Grantor dies and Lsnder's s�uri ts
<br /> . . adversely affected•(p�the Pcvpe:ty is take�n t�mugh emiaent domaia;,N)a judgment is flled against Graator and sub�eccs
<br /> ' Pcvp t
<br />-_ .;;4t Graator and the t'ropertY tod a�Sen��t��eisely f�.���er's �nterest; or(i) a prior lienholder forecloses on the
<br />_ : ,: Pcoperty aud as a cesult.Lea
<br />';•;v:.�:fi��,t:•i .
<br /> Esc�attve Offlaeis.Any Borrower is an�unt e officerthaa tihe aaiouat perr�nitt�ed u�ader�fhedB�lav�us��gul�on�sted to
<br /> Lender or anot6ier lender in an aggreSate S��'
<br />-.=;,�:,�x�`a`..
<br />--•�-�-_ g, REIV�DIF,9 ON DEFAUd.T.In add€tion w other remedy available under the terms of this Securt Instcument.
<br /> ,>_.,
<br />-=.r.".".s Benefi�may aooelerate the Suut+ed Debt and�reoi►�il�seau��Beaefi���rov�ide T�iuswi a�+it�h�a of the dg�httto
<br /> � is in dciau�i.Li r�,�itt��,f�sas!si�12w . �Y �Tnutorre questa acopy of mry�iee °
<br /> �. ��;�;� cure.�s other aodces and may establish dme achedules for fo�aclosuc+e actions. �
<br /> _ -ar�.�s of defalilt sud any notice of sale thesevnder be mailed to each Trustor at the address Provtded�n 5ecuoa 1 al�ove.
<br />' r" '1!(
<br />'`��"- At the opdon of thE Beneflciary,all or any part of the agrad fees aad chacges.axrued inierest and pti�sclpal shall�
<br />:;��;- , : immediately due aad payable, after giving notice if required by lativ. a�an the occumenoe of a defwlt or aa e --.
<br /> --_=n.�� tttcreaft�r.
<br /> L- �`-__:�,.;_�t
<br /> y;��°��� If them,is a defaWt� Tzustee ahali, at the request of the Bcnefic�ary.adveNse aad ss�l the Propecty as a ahole or ia
<br /> _�-��:?::�� separate parcels�t'�aublic auction to the iughest bidder for cash and convey absoluse'�iale free and clear of all right.title -
<br />;�qr."¢?'��"'�'"M''� and interest of'fm�or at such time and place as Tcustee desigaates. Tiustee shatl glve aotioo of sale iacluding the time
<br /> .:?-_-.��._�•�a� terms and place oE s�le and a dascription of the pmperty W be sold�s requiTed DY the ePPlicable law ia effect at ihe time o�
<br /> _--�-__�:�=.��s the pr,apossd sale.
<br /> -� - Up�n��sile of the property aad to che exteat aop t gmhibitea by law Tn�stee shall make and deliver a doed ta the PropertY
<br /> sold R,l�ieh aonvc.ys absolute ade w the urcbaser, and after �'irst paymg all fees. charges and costs. sJ�aU p1Y.=o
<br /> --- .—_ Beneficiar�+all moaeys advanood for repairs, taxes. iasuranoe, lieas� a�sessments and prior encumbraaoas and Cnterest
<br /> ------- thercon,and tLe princlpal aad intcrest on the Secured Debs. Payin tYce avr�lus, If anS►. to Tnuwr. HeneficiazY �Y .
<br />_ - - _ purchase the Property.ltie cecitals in aay deed of wnveyaaoe sbaU be prlmu�'acie evidenoe of tise facts set fortb tbeteia.
<br /> _ _= The acx�ptanoe by BeneficiaYy of anry sum in pay�ent or partial payment oa the Secured�ebt after the batanoe is due or is
<br /> - �� �ay
<br /> aooelerated or afcer foreclosune paao�dings are�i1�d sha11 a°t°°nscicut�a w'�ver of Beaefic'�a�+'s r�ght to c+�uire Complete
<br /> � cun of eny e�is�defaul� By aot eaercisiug any ren►edY on Tn�stor's default,Bene�siary dces not waive Bene��iary a
<br /> _ -=---'a� rigLt to later consl3er the eveut a defautt if it 6appens again•
<br /> ---- ..
<br /> - -- - -=� 1�. �.,��{�g+ pt��►.41�ICF.3 AN COV�T�lV1'S;ATlY1RNBY3' �EFS;COLI.ECTION COSRS. If Tmstor breaches ,.'
<br /> -- ---- - �sy �e�.eni in t�is See�dty L�stcumen� Tntttor a8ras.to PaY ail Cxye,�i fiEae�icia►y utru� in g�formia$ �u�.`�t .
<br /> E
<br /> �__��—.- �venants oTpmt�in,g its s€cudty Werest ia the Propecty. S�a�penses�aciude.i„it an uot tisaitd xa.f�9..�.�.�!�•
<br /> -"-�-- inspeczing.P�serv�n�,or othenvise pmt�the Pirpem►and Beneflciary'a seauity interest.'I7iese expenses are p�yab�
<br /> --__= on demaad aad wUl�intenst fmm the te of paymeffi until paid in fuU at the highest rau of interest in e�x as
<br /> __.�-�� pmvidod in the terms of the Secured Debt. Tn�stoz egcees to pay all costs and eapaues iacumd bl►_BeaeBciary in
<br /> --=
<br />
|