.. .
<br /> .�,;.�, , ,.,
<br /> � •. ; ....�,�, ?"a"- - - - ��,.�<
<br /> ...._ .•�`��ifAlr�lY1
<br /> • .. .�
<br /> . ,
<br /> � � ig3�o�zo
<br /> additioa, Truet�e mey b�com� a purchaaor at aay Rsi• o! th� Prop-
<br /> �rty (�udicial or und�r th� pow�r o� eals qraatod h�r�i�n)� pos�-
<br /> pono t e eale of all or any portioa o� the Proporty, as providad
<br /> by lawf or eQll the Proporty ae a wbole, or ia s�pe�rata parc�lo
<br /> _
<br /> or lots at Tru�too�s di�crotion.
<br /> .� .,'Y..�� 14. Fees and Ext�nses. Ia the oveat Trustee eel�o tho
<br /> :�,•.�::,1�:- Property by oxeraiBe Of power Of eale, TruetoA ehell be oAtitlad
<br /> � to apply any sele proaeeds firet to paymont of all costs and
<br /> `�""'`�'"'"�'"` expenaes of exeraisinq power of sale, includiag all Truetoa•�
<br /> ,�ci....��..,M1,:...:�:�Kr.,-�
<br /> �° . � �- �"' fees, and Lender'e and Trustse•s dttorney�e feas nctually
<br /> ��' '' fncurred to the eactaat permitted by appiiaaible law. iA the event
<br /> . �� Barx�oWer. or Truetor azorcieos nay right provided by �aw to curo
<br /> ' d . C� � � � ' � an Evemt of Defa�ult, I,ender sha�ll be ebtiitled to recover from
<br /> -dr .��r'� i� �� Truetor ell coete and expenses actuall incarred as a re�ult of
<br />=zti;tt'i'w lVi��:.diLwro�v�u.a�1:4��
<br />;,�; r. _, ; Trustor�s defa�ult, inaluding, without �aitation, all �'ru�tse's
<br /> i `�'� � ,, . � and attorney•s fees, �o the extent pes�ai.tted by eFF7�i�ab2e la�.
<br />, , s• .
<br /> " , ; 15. Future Advances. Upon requeat of Borrower, Leader may'�
<br /> � � at ite option, make additional dnd future advances and reddvances
<br /> �' � � � to Borrower. Suah advances and readvanaes, with interest
<br /> �� . thereon, shall be secured by this Deed of Truet. At no time
<br /> ; . " � " ...��,:�` ahall the principal amount of the indebtedneas secured by this
<br /> . �`�r�.-:'' Deed of Truet, not includinq swae advanaed to protect the secu-
<br /> • ., �� . , rity of this Deed of Trust, euceed the original prinaipal amount
<br /> �. stiated herein, ox $ NA , whichever is qremter.
<br /> � � ; „,: 16. Mieaellaneous Provieions.
<br /> �, ^,! � �� �� (a) Borrower Not Released. Extension of the titae for
<br /> • '. '; payment or modification of amortization of the sums secured by
<br /> •'•� ���. thie Deed of Trust granted by Lender to any sucaeaeor in interest
<br /> ;'. � ' � of Borrower ehall not operate to release, in any manner, the
<br /> � � � liability of the original Borrower and Borrower�s succeesors in
<br /> , interest. Lender shall not be required to commeace proceedinge
<br /> agafnst such aucaessor or refuse to extiend time for payment or
<br /> • otherwise modify amortization of the eums secured by this Deed of
<br /> Trust by reason of any demands made by the oriqinal Borrower aad
<br /> ,��;� Borrower�s aucceseora in interest.
<br /> � .
<br /> ,{ .
<br /> (b) Lender�s Powere. Without affecting the liability ��•
<br /> of any other person liable for the payment of any obligation .
<br /> � . � herein mentioned, and without affecting the lien or charge of
<br /> � this Deed of Tru�st upon any portion of the Property not then or f �
<br /> � ; theretofore released as a security for the full amount of all �
<br /> . � unpaid obligatione, Lender may, from time to time and without
<br /> ' notice, (i) release any person eo liable; (ii) extend the matu- ��
<br /> � rity or alter any of the terms of any such obliqatione; !
<br /> (iii) grant other ir�dulgencea, (iv) relsase or reconvey, or cause �.
<br /> � to be released o� reconveyed at any time at Lendsr�s option any
<br /> parcel, portion Qr all of the Property= (v) take or release any
<br /> other or additional security for any obligation herein mentioned;
<br /> • or (vi) make comp�sitions or other arrangements with debtors in �
<br /> relation thereto. � '
<br /> � � An forbear-
<br /> (c) �'orbearance by Lender Not a Waiver. y '
<br /> ance by Lender in exercising any right or remedy hereunder or
<br /> , � � otherwise afforded by applicable law shall not be a waiver of, or •
<br /> : ;; :.., preclude the exercise of, any such right or remedy. The procure-
<br /> � �:�j � me�� of insurance or the payment of taxes or othar liens or
<br /> � � • charqes by Lender shall nat be a waiver of Lender's right to
<br /> L. �' accelerate the matur3ty of the indebtedness secured by this Deed
<br /> . �_ _ _. of Trust.
<br /> _= F . . :�
<br /> : � � (d) Successors and Aesiane Bound: .Toi�at and Several
<br /> Lfabilit;�; C�ptions. The covenants and agreements herein con-
<br /> • , �: , tained shall bind, and the rights hereunder shall inure to, the
<br /> `; respective successors and assiqne of Lender and �'rustor. All
<br /> ' cavenan�s and agreemente of Trustor shall be joint and several.
<br /> �� • The captions and headings of the paregraphs of t�is Deed of Trust
<br /> � , . are for convenience only and are not to be used to interpret or
<br /> ; ! define the provisions hereof.
<br /> ,� � � 1
<br /> .
<br /> 5 {
<br /> f
<br /> �
<br />
|