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<br /> 99- s�s�ss
<br /> LOAN ��: 7472415
<br /> hazardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic
<br /> petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and
<br /> radioactive materials. As used in this pazagraph, "Environmental Law” means federal laws and laws of the jurisdiction where the
<br /> Premises are located that relate to health,safety or environmental protection.
<br /> (i) SALE OF PREMISES: We will not sell, transfer ownership of, mortgage or otherwise dispose of our interest in the
<br /> Premises,in whole or in part,or permit any other lien or claim against the Premises without your prior written consent.
<br /> (j)INSPECTION:We will permit you to inspect the Premises at any reasonable time.
<br /> NO LOSS OF RIGHTS: The Note and this Deed of Trust may be negotiated or assigned by you without releasing us or the
<br /> Premises. You may add or release any person or property obligated under the Note and this Deed of Trust without losing your
<br /> rights in the Premises.
<br /> DEFAULT: Except as may be prohibited by applicable law, and subject to any advance notice and cure period if required by
<br /> applicable law, if any event or condition described in Paragraph 11.A. of the Note occurs, you may foreclose upon this Deed of
<br /> Trust as a mortgage by judicial proceeding or sell the Premises pursuant to the power of sale confened in this Deed of Trust This
<br /> means that you may arrange for the Premises to be sold, as provided by law, in order to pay off what we owe on the Note and
<br /> under this Deed of Trust. If the money you receive from the sale is not enough to pay off what we owe you,we will still owe you
<br /> the difference which you may seek to collect from us in accordance with applicable law.In addirion,you may,in accordance with
<br /> applicable law, (i) enter on and take possession of the Premises; (ii) collect the rental payments, including over-due rental
<br /> payments, d'uecdy from tenants; (iu) manage the Premises; and (iv) sign,cancel and change leases.We agree that the interest rate
<br /> set forth in the Note will continue before and after a default,entry of a judgment and foreclosure. In addition,you shall be entifled
<br /> to collect all reasonable fees and costs actually incurred by you in proceeding to foreclosure or trustee sale, including, but not
<br /> limited to,reasonable attorneys fees and costs of documentary evidence,abstracts and tifle reports. If Beneficiazy elects to sell our
<br /> interest in the Premises by exercise of the power of sale herein contained, Beneficiary will notify Trustee in the manner then
<br /> required by law. Upon receipt of such notice of Beneficiary and at the direction of Beneficiary,Trustee will cause to be recorded,
<br /> published and delivered such notices of default and notices of sale as may then be required by law and by this Deed of Trust.
<br /> Trustee will, only at the direction of Beneficiary and without demand on us, after such time as may then be required by law and
<br /> after recordation of such notice of default and after notice of sale having been given as required by law, sell the Premises at the
<br /> time and place of sale fixed by it in such notice of sale, either as a whole or in separate lots or parcels or items as Beneficiary
<br /> deems expedient, and in such order as it may determine, at public auction to the highest bidder for cash in lawful money of the
<br /> United States payable at the time of sale, or as otherwise may then be required by law. Trustee will deliver to such purchaser or
<br /> purchasers thereof its good and sufficient deed or deeds conveying the property so sold, but without any covenant or warranty,
<br /> express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br /> person, including without limitation, us, Trustee or Beneficiary, may purchase at such sale. Trustee may in the manner provided
<br /> by law postpone sale of all or any portion of the Premises. The Trustee shall apply the proceeds of the Trustee's sale,first,to the
<br /> costs and expenses of exercising the power of sale and of the sale, including the payment of the Trustee's fees actually incurred
<br /> not to exceed the amount which may be prcvided for in the Deed of Trust,second,to the payment of the obligation secured by the
<br /> Deed of Trust, third, to the payment of junior deeds of trust,moRgages or other lienholders,and the balance,if any,to the person
<br /> or persons legally entifled thereto.
<br /> ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER: As additional security, we assign to you the rents of the
<br /> Premises. You or a receiver appointed by the courts shall be entided to enter upon, take possession of and manage the Premises
<br /> and collect the rents of the Premises including those past due.
<br /> �JVAIVERS: To the extent permitted by applicable law, we waive and release any error or defects in proceedings to enforce this
<br /> Deed of Trust and hereby waive the benefit of any present or future laws providing for stay of execution, extension of time,
<br /> exemption from attachment,levy and sale and homestead exemption.
<br /> BINDING EFFECT: Each of us shall be fully responsible for all of the promises and agreements in this Deed of Trust. Until the
<br /> Note has been paid in full and your obligation to make further advances under the Note has been terminated,the provisions of this
<br /> Deed of Trust will be binding on us,our legal representatives,our heirs and all future owners of the Premises. This Deed of Trust
<br /> is for your benefit and for the benefit of anyone to whom you may assign it. Upon payment in full of all amounts owing to you
<br /> under the Note and this Deed of Trust,and provided any obligation to make further advances under the Note has terminated,this
<br /> Deed of Trust and your rights in the Premises shall end.
<br /> NOTICE: Except for any notice required under applicable law to be given in another manner,(a)any notice to us provided for in
<br /> this Deed of Trust shall be given by delivering it or by mailing such notice by regular first class mail addressed to us at the last
<br /> address appearing in your records or at such other address as we may designate by notice to you as provided herein,and (b) any
<br /> notice to you shall be given by certified mail,return receipt requested,to your address at
<br /> COUNTRYWIDE HOME LOANS. INC.
<br /> 4500 PARK GRANADA, CALABASAS. CA 91302-1613
<br /> or to such other address as you may designate by notice to us. Any notice provided for in this Deed of Trust shall be deemed to
<br /> have been given to us or you when given in the manner designated herein.
<br /> REQUEST FOR NOTICE: We, for ourselves and for Beneficiary, hereby request a copy of any notice of default and a copy of
<br /> any notice of sale hereunder be mailed to us and Beneficiary at the applicable addresses provided above.
<br /> •HELOC-NE Deed of Trust
<br /> 2C6503NE (07/95) Page 3 of 4 In(tials:
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