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<br /> -- .��_ :". , _ - - ' ....
<br /> - - :-,�: - _�_ � .._. _...�___��. � . __--- — �.
<br /> __. .�_._� - -�=1.� _ � � � � � . . � , ` .. � , 94-�,�'�� . . �.
<br /> . .� . . . ,
<br /> _ . . . � , .
<br /> � g Ca�nMio�.The praeeds of any avr�rd or claim tw damage�,d�ract or conNqwnual,io cor�liois wi�hh any `
<br /> -- — condRmnationaMhKtakirt�MtheRroperty.orpfrttl�reoLoriorconveyancemb�ut�Icorte�MEMlon.anlhNrb�liMipwd
<br /> - and shall be peid to Len�lsr. •
<br /> ``� In the avenEOf a total taking ct th�Property.the proceeds shatFOe applied to the wrm t�cund by MN�Q�W W TruiR wifh .
<br /> �. the excsss:d any.WiQ to Bonowe,x.tn the e+oe�tot,�MA►at takino af IM Prap�ety.unMp BortowK�nd L�e�olh�rw�s�
<br /> -�.•:��, agieeinwriunQ.a�eroshanbaappiieacomesun�•;ecursabym+s�dofTruuwcdo►opa�onafheprOt�d��s��M�i
<br /> _ +: � ���- tt�atproportinnwhiehthe�mpuntoflhesumsa�euredbytAist�edofTcuatin�m�dia9Mypriorbtt�adM�a1
<br /> - op t
<br /> - -`'-''• fair market vaiue ot the im�a pr�p��p gp�n�,
<br /> � aopertY tah►OriM to Mt tlate ot fak witM Mte b/IanC�01 tM
<br /> - _'�:`�'F�=r`;� � _,. IEthsProperryisabandoaedby8orrower.tuiRaft�cno�ee�yrLe�rtaBonowecthattMcand�mnarol�tslDm�R�an _--- .
<br /> -� _-:T���; .,,,` award or setlle a cla�tn tar dam�ge�,Borrowe►hiis to tesponH ta Le�Nr within 30 dtYs aIOK Ih!dN�su�lf tiotle�Is m�Ntl. � ,
<br /> , ���. lrnder�sauthaized�coiledanq aPWY�Proeee6s.attendersOptfOn.eithertorolloraoiona�ep�irdtf�PrqNAyorb , -=
<br /> :�, ._, r'.��-• U�e's�tms secu[ed Dy tAis Oaed ol'Trust � . , , -
<br /> _ • * � .,�::'� tMtessLenderandBonowerotherwlseagreemvrriUrtg.anysucha�piicaUanotprocesdstoprineiprlsAailnot�xNndor "� =--
<br /> - � f�;t :_��.. pos�pone the due date of the monthty instanmen�sYalxred`to in paragraphs t and 2 herwt a ehanpe th��i�ount of wch �.•�-- `�--�-
<br /> �..�w
<br /> ,�=c`;-�.-1._-"'_";._: instattmenLs. : �-ve=_-:
<br /> .. . •=t,=. ,; } 10. QoerowrrNetR�MaMd.ExtensionofthetimetwpaqmentormodifipNtionofamo�tizstionofth�wmss�cutidbyrtbis �r.�==--
<br /> r - --
<br /> �.=="•:;;.�.__ ., '•, .. Deed of Trust granted by Lender.to any SuCCesior itl interest ot Borrawar shall not operate b reINM.in arry mann�r,ll� ���-�_. -
<br /> , -�_ � IiabitiryflttheonginalBorrowe►and8orrowe►'ssuccessnrsinteresilenderlhsllnotbenquindtOCGRNnNfce "`ss°-°°-�--
<br /> . < ..�Yi.l` ._.•y �y�u�Jt� P-,,i"�'Y.
<br /> -•• - again s t such successor w retu�e to extend time for ment or otherwise m r•�y���
<br /> PaY od��Y arno�tan Of ttle iums saCUred by 1!'1i3 �`��'�`-�
<br /> :. # ' �• _ • � = Oeed of Trust by reasor►of sny demand made by the originat BoROwer and Bortawer's succes�ors i�inkr�st -
<br /> � ` r�.:- .�, . . 11. Forb�annq kNWK Mot s Waiwr.M tod�rance b Lene1M in exercisi ar1 : � _
<br /> r N ' � = otherwise altorded b� Y 9 ��9 Y�o►ren�►h�c�undK or .
<br /> : �
<br /> y appticaAte taw,shall not be a waiver of or preclude the exerciae M.any suc�ripit or Th! �'�-;
<br /> ��. ;,..�P`'`"; .`'�''J: procuremeatofinsuranceotthepaymentoftaxesorotAerliensorchargestryLendershallnotbsswaiva!ofLendarf�iqDtb � � '�=`
<br /> . �. '., ; _ turity of tAe indehtedness secured Dy this Qeed of Trust - `�-- T--`.
<br /> "��:��r-,� a[xeler2ts the ma ,.,...�-_��
<br /> : °%-..�:.,
<br /> ;;�' ' . ° . !2. R�di�s C�rndWN AU�emedies provided in this Oaed of Trust are dislinct and cumula6ve W smt Whe►ri�nt a f� ��� -- -
<br /> . f :'.' -��.�` ',:.�s rert�yunderlhisOeedotTrustoraflorde4bylaworequity,andmaybeexercisedeoncurrenlly.indepeadenq�totsuCCes�rely. ` `.',. �
<br /> _,- - • - 1�.�Suee�otsandAriPNfoue�JoiMandSewrdLisbWy;C�IpMpN.ThecovenaMSarWsyrNtnanbftereincon0�inad -
<br /> shallbind.andtderigAlshereundershaltinureto,lherespecHvesuccassorsendassignsofLMde�andBorrower,aubj�etlo � '
<br />_,�, r ��"`. • - tfleproviSionaofparagraphl7hereotA�ICOVenantsandaqreertsenlsbfBorrowershallbejointandae�reral.Tltecapdpnsand • -
<br /> �, ; - , -
<br />- , headings ot the paragraphs of this Qeed af Tn�st are tor convenience onty and are not to�e used to interpret or define the
<br /> �: • �fOY1SIO�IS hEf@Of. . -
<br />� � . , �- 1�. Npfjcr�fxcepttoranyaoticerequiredunderapptica6telawtobegiveninanothermanner,(a)anynoticetoBoROwer �
<br /> . �:• ."'� � provi�ed.fr�-,i�ethisQeedofTrustsha116egivenbymailingsuchnoticebycertifiedmailaddress¢dtoBonowe►attheProperry �,,,, -4'::
<br /> � - - ?'•- -' ''r' � Atdds+ess4vatsud�other address as Borrower may designate by notice to Lender as provided he�ein,and(b)any nodce o --
<br /> , ,,.._:.,_.�:, . .-- --- `�
<br /> � ��s����-"-"�---- -` �endershallbegivenbycertitiedmail.mtu�nreceiptrequesred.taLentlersaddressstatsdhereinortosuchotheraadreasas � '
<br /> . � :,:;,.�..
<br /> .,,,;�;4<.�; , F.�ndermaydesig�atebynpticetoBorrowerasprovrdedherein.Anynoticeprovidedforinthis0eedotTrustshallbedeemed � ' ���
<br /> • •����� � to have been given to Botrawer or I.enQer when given in the manner desiqnated herein. !� • ` • "�-
<br /> , ��'��'`;' . . � */4.1 "RequestforNodce.TrustorandbenNicia r .
<br /> , ry equest thata copy vf any notice of defauft and notice of sate made o► i . :�s
<br /> • . ' executedbytheTrusteepursuanttotheprovisionshereotbesenttotheTrustorandBeneficiaryattheirrespectivema�ling _,..�
<br /> . ' `..__:',�.._..,.. . �: adOresses set forth above." ..
<br /> ' � '` `' 15- UrWorm DNd M Ttusx tiowminq Law;Sw�rsbfliry.The form of deed oi trust combines unitorm covenants for i
<br /> `. :���;Y � �ational use and non•uniform covenants with limited vanabons by jurisdiction to constitute a unifonn securit�r inshument i
<br /> `"=�'�` . � . caveriog reat property.This Oeed af.TruSt StW1108 govemed by the law of the junsdictian in whiCh the PropeAy�s Iocated.In I` � �
<br /> - ���fF_`'�' . � the event Mat any provision or clause oi this Oeed ot Tnast or the Note conflicts with apptiCablb law,such contlictahall not �� .. ' ` -`
<br /> • '..:.-,: �, , -
<br /> ':` • _ aftectotherpccsvisionsolthisOeedofTruslortheNolewhichcanbegiveneffectwithouttheconflictingprovisions,andtothis G `� •.� � �
<br /> -- -.__.._.. ,-- - --..__._ eaA the pso�ions of tt�e Oeed of Trust and the Note are dec►ared to be severabte. r -------�-•- ��
<br /> � • ' � -. 16. Borrawiir's Copr.Bor�ower shall be turnished a contormed copy of the tYoteand of this Deed of Trust at the6me ot i � �'
<br /> . execuUOn ar after recordabon hereof.
<br /> �,`=� j :.�.:�`:r •
<br /> - ' 17.Transt�r of th�Propemr,Assumptlon.lf all or any part of the properly or an i�terest therein is sold or transieRed by
<br /> . . Borrower withoutlender's pr�or written consent,ezclud�ng ta)the creat�an ot a l�en or encumbrancesubordmatetoth�s Oeed •
<br /> ' " , ofT�usL(b)thecreationotapurchasemoneysecunryinterestiorhousehafdappliances.(c)ahans[erbydavisedesCeMOrby .
<br />- operation ollawupon theGeath o}a jomttenantar(d►theqrant of anyleasehotd mterestotthreey�arsqrlessnotcon�ing an �
<br /> : .t � • optiontopurchase,lendermay,atlender'sopt�on,dectareaUthesumssecuredbythisDeedofTrusttoEQimmeGiatetydue
<br />- and payable,tender shall have wa�ved such opt�on to accelerate�f,pr�or to the sate or hanSter.Le�del and 1he person to �
<br />-4 : , whom the P�operty is to be sotd or hansteaed reach aqreement m wntmg that the credit of SuCh person�.s aatisfactary to
<br /> � � Lenderand thatthe interesipayebte on the sums secure04�y this Deedof Trustsha116eatsuch rate as Lendershall request tt �
<br /> 5 Ee�derhaswaivedtheopflontoacceterateprav�ded�nt+esparagraphl7.anddBotrower'ssuCCessorininteresthasexecuted � ��� ��-
<br /> . a written aSSUmpt�on agreementaccepted in wr�tmg by Lc�der.Lender snaN release Borrowerfromall obligations underthis
<br /> ' '. ' Qee�Of Trust ana the Note: ' -
<br /> '' ' ' If�endei exercises such optron to accelerate,Lender shatl rna,t Borrower notrce ot acceleration in accordance with
<br /> �•,_�,;;" . � pareg►epRl4he�eol.Suchnot�ceshaQprovideapenodofrtottessthan30daysfromthedatethenoticeismaitetlwithinwnich • .
<br />, . ..,:;. • ' Borrower may pay the sums OectareQ due.tf Borrower taci��to pay such sums prior 4o the expiration ot such period.Lende►
<br /> _ _ may,wiihout furthe�notice or demaod on Borrower.��v��any remedres permitte�m�parag�aph 18 hereof. ,� .
<br /> . .,��;�'�:�"�,` .F NON•UNIF08M COVENANTS.BcROw�►and Lender fuRher covenaef and ag►s�e as foltows: - .
<br /> ' ' '- :�� �. ; 1a. ACCNKadon;R�di�s.Except as provided in paragraph 17 hereof.upon 8orrower s breach of any covenant or �
<br /> •. :�, agreementofBorrowerinthispeedo}Trusl.inctudmgthecovenantstopaywhendueanysumsseturedbythisDeedolTtust �
<br />- , • ,�'_ LenderpriortoaccelerationshallmailnoticetoBorrowerasprovidedmparagraphl4hereotspetifying(1�thebreach:(2)the '
<br /> �''' act�on required to cure such Oreach:(3)a date.nof Iess than 30 days f rom the date the notice�s maded to 6orrower,by which •
<br /> ...:. .. _ sucbbreachmuslbecureE:and(4)thatfa��uretocuresuchbreachonorbeforethedatespecifiedintfienot�cemay►esultln
<br /> . , •acceleratrortofthesumssecuredbythisOeedofTrustandsaleottheProperry.Tlfenoticeshauturtherintorm8orrowerofthe .
<br /> '� •� _ _ _ �ight to reirrstate eRer acceieration and the right t0 br�ng a court action to asseA the non-existenCeo!a detautt or any Other
<br /> , detenseot 8orrower to acceleration and sa�e.It thebreach is not cured on or bebre the date specrfied in the notice,Lenderat
<br /> " ` ' ' ';;; Lender's opdon may declare all of the su�rr.s secured by th�s Deed of Trustto be immediately due and payabte without further
<br /> ,5`'• , demand an0 may mvoke the power o7 sa".e and any other remedies perm�tted by app��cable law.Lender sha11 be entittea to �
<br /> '- c011ectell reasonebteCOStsand ezpensss�ncurred in pursumg the remed�es provitled�rt the paregraph 18,including,but not '
<br /> �" : � � °• �� I�mltcd to,reasonabte attomey"s fees '
<br /> .._ ,,,';�:;:,:;._;:';;.,�,:..'., 11 the power ot safe ls�mokeC,Tr�stpg shall recard a nat�ce of de1au11 m each county in whieh the Property or same part �
<br /> �.�.r:.;;.•,:•,,,.,�..,.ti. r thereotlslocatedandshaltma0cop,esulsuchnoUceinthemannorpreseribedb ap�ucablelawtoBorrowerandtOtheother �
<br /> '+ ",t.'�;'rr''��`,:;�!.°�';;` per�ona presc�ibed b a plicable law.Aftei the tapse of such ume as may be reqwrea by applicabte law.Trustee sha�l give '
<br /> ,, t �;;,,;;�.. Y P
<br /> , • {��°'" « ,� puWiC noGCe ot sale to the parsons and�n the manner prescnbed by apyticable taw.trustee.without demand on Bonower,
<br /> _ •`�'!'+�t''� shallselHhePropertyatpuDlicauctiontothehiqhesfdiddera�thebmeandplaceandunderthetermgdesign�tedirtthenotice
<br /> ``•,,• � .�:, of sale in one or more parcels and in such order as Trustee may determme.Trustee aray postpone sale ol al1 or any parcel of
<br /> _� - the P►operty by pubtic announcement at the t�me and ptace at any prev�ousty sche0itie0 sale.Lender or Lender�designee � • .
<br /> may purcha�e the Propeny at any saie. -
<br /> Uponracalptof paymenfof thepricebid.Trusteeshalldellverlotheparchase►Trusiee's deedconveyingihe Properlyaold.
<br /> _ -^��- Therecrtal�intheTrustee'sdeedshal�bepr�mafacieevidenceofthetruthotthestatementsmadetherein.Trusteesha�lappfy �
<br /> ,�j= - • theproceed9ofthesateindhetoitow,ngorder.�a)toaureasonablecostsandexpensesctthesale.inCtuding,butnottimitedto,
<br /> _ . Trustee'steesot�otmorothan %otthegrosssalepr�ce,reasanableattomey'steesandcostsoftitlsewldence:
<br /> � • (b)to ali wms sectned by this Oeed of Trus�and(c)th�excess,if any,to the person or perspn�tegalty enMled theretp. . • .
<br /> - 1!+ Mnoaw's IM�hI b HNn�fal�.Notwithstandmg Lender's acceleration of the auma aecurod by tlUs Dssd of Trus� •
<br /> • BarowrrshalthavethsrighttohaveanyproceedingshegunbyLendectoeniorcefheDeedofTruttdiacontinu�ddanyHme ' •
<br /> priatot�eaartlertoocCU�ol(i)1heNfthday betorefhesaleotthePropertypur�uanttothepowe►ofa�ISCOnWrNdinth�0�sd
<br /> , of?rust(ii)�ntry of a Judqment entoreing thi�Deed of Trust�1:(A)8orrower pays Lender all sums which wouW bs th�n dub •
<br /> undu tb►s ONd of Trusf.ths No1s and note�aecuring Future Advances.ii any.had,00 acealeaNan occur�(0)Boncower
<br /> ....-. e�raCatlOrasch�satany�ifiercorrensntsoragreemeMsofBortowercor�sirtadinthis�eedofYnlft(f.7BOffOWefp�yiilt - ---�_---
<br /> . r�ubt��P��esincurt�dbyLenMrandTrwksentorcinythacovenanbandagreemenbptBpmawerao�in�dinthis
<br /> OMAOfTruuandin�nlorcingL�ncler'aandTrusMe'sremedie�asprovlddQinpsagnphl�hareM.ineluding,butnotllmited '
<br /> to.rMSOnabl�aMornay'sf�es;and(d)8onowertakeesuchacUonasLendermayreasonablyrequiretossaurathatfhelienof�
<br /> 1hb ONd ol Tru�t,L�nde�s intsr�t In the P�opeityand�&xrower'a obli�tbn to pay the sums ascucad by tlds Oe�d M T�usl
<br /> ataM con`nus untmpNred.tJt�web P�YerNni snO c ure by Horro wer.tfi�0e�ed of Tr uat and the ob tlgMiona securad hereby
<br /> shfM nnwin in 1uY loroe and e}kct as if na aceellwation had aqurred. , �
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