|
��J'n " , ri!�.'
<br /> r ' 1 _-"_
<br /> . r'• � ' � RY2:A'��.,+ , • -t.. , ..' � . ��:ti;rr_'_ -
<br /> - � -ti 1 '_,a,.�,; ....-:.. .��i,' y�,1..7;,.,,; .. ' .... . ,- --
<br /> � � r
<br /> ,,r +. _�� _
<br /> . .._.. - -- `
<br /> "�.Y� t= �= .....uia�v � • A
<br /> - q';��-�i .,�,�. r � •_�O��Y
<br /> •_�����(_-_ _
<br /> ,�t� Y. Cond�enn�tlon. The proceeds ol ony award or cla�m lor damages,duecl or aonf�qu�ntlll,in conntudon with�ny
<br /> condemneuon or olh�r ukmp otlh�Prop�rry,ar parlth�rQOl,or for conv�yanc�m U�u ol cond�mmdon,anh�nbyaW�ned
<br /> .�.�m..� and sh�ll be pnd to Lond�r.
<br /> '� In tM w�nt M a toal takmq ot Ih�Proqrry,theprocesds ah�U b�appli�d to ths�um�aaur�d by�ht�DNd ol T�u�f,with
<br /> : �,'�� ths sxc�s�,if eny,pald to Borrowv.ln the�v�nl 01 i p�h�al lek�np of ths Proparry,unlns 8�rrow�r�nd L�nd�r oth�rwls�
<br /> ' �.,'�;_�T';�•'• apnelnwrlUnp,thentih�llbseppNsdrothssum�s�cundbythuDNdolTrua�wchpropohlonolthop►ocMdiuiseqwlto
<br /> • ��^„� '�;,,�" Ihstproportlonwhichtheamounlofthesumatecur�dbythiaDeedofTruelimmadletdyprinrtoth�dtlsofMklnpb�atstoth�
<br /> - '° � � +� lalr merket value of the pro Ay Immetlietsl prio►to ths date ol taklng,wdh fhs balance of th�proc�od�paid to Bor►ow�r.
<br /> � ' l�1:` '�� '' If ths Propehy�s abandonsd by Borrowsr,or il.alt�r notics by lendsr to Borrows�thN th�cond�mnar oB�rs to m�k��n
<br /> :;�:<..�:.'�� award or a�tlls a cl�im lor d�mapes.8orrower leds to respond ro Lender w�thfn 30 d�y�aRer ths d�te wch notics is m�ll�d.
<br /> •°�a~°'"s�,"'".� Lender�s authonxed to coll�ct and apply th�proceeds.�1 Lentla's opbon,dth�r to nsbnhon or npnr ot th�Propsrly a to ��. - --- —`
<br /> � ' ` th��ums s�cured by thh Oeed ol T�uet.
<br /> ' Unleas Lendsr and Borrower otherwiaeagree m wrfting,any auch application of proceeds fo prfncipal�holl not sxtend o�
<br /> '=�'� ` " postpone the due dote ol the monlhly installmants referred to in perapraphs 1 and Z henot or chanqa th�amount of such
<br /> _�-,.�����,;.�,:;,Y•�;�'•'d� mflsllments.
<br /> _ ,, 10. Ba►ow�r NW iiN�as�d.Exteneion of the time for payment or modilicetfon of amortizallon of theaume eecured by this
<br /> : •^ -,i..
<br /> -=-•� Oeed ol Truat grented by Lander to any succeuaor in interest of 8orrower ahell not operate to rol�,aee,in eny menner,the --
<br /> --„� _ �.�;,•" ° IiabllilyoftheorlginelBorrowerand8�xrower'saucceaeorsinterestLendershellnotbereq�l►edtocommenceprxeedinga �!•ay';=_�x;�;_ti;�,
<br /> - _ti��r� ' ,,� ageinst such succeasor or refuse to exlend t�me for payment or atherwise modiy amortizeUon ol the wms aecurod by thb
<br /> � . Deed ot Trual by reaaon of any dem�nd rnade by the original Borrower end Bonower's successora in Irtte�e�t
<br /> � ; ���, � � ;.' /1. Forb�anne�by L�ndor Not�Wslv��.Any fo►bearance by LendAr in exe�aisinp a�y ripht or remedy h�reundar,or �
<br /> � `:;:::;'r � . ��•�_- -
<br /> „,.•� ' ��•�� ���=: . , othervvlae efforded by app8cable law,ehall not be e weiver of or preclude the exerciae ol any auch rfght or remedy.The �;.,�.��,�.�,_,
<br /> ' ' � �ocurememotinswanceotthepaymentottaxesaotherliensorchargesb Lendershollnotbe�wofvo►oll.�nder'sriphtto — —
<br /> � ��i�';;l.�''^'�•';,:��n. �� p y
<br /> ;%��� •��a �4f' �. '.� ��•`' - accelerate ihe maturity ol the indebtednees aeaured by thia Oeed of TrusL -- -
<br /> .,,,;,:.:�, i:': �„,: ;;,,r:�..�.•,,,, �
<br />:..:.�,';. +S•. :;;a;;,,;.r.'s�;,� ��� 1�. R�mRdl�s Cwnul�Uv�All remed�es provlded in Ihls Deed ol Trust ere disUnct and cumulalive to any other rl ht or �oor.
<br /> ;h;i:� r �
<br /> ,� : . � �� remedyu�derlhis0eedofTr�storeffordedbylaworeqully,andmeybeexerciaedconcunendy,independendyoroucceaavely. �+--�__
<br /> ;i•, �. ; �r'�°� , 13. Succes�onuMAsdpmBound:JalMandSw�rNl.laWNhr;C�W�on�.Theaovenentsandagraementaherofnconlained ,.a..,.
<br /> ,�•'r '��• ''•;,:r� ` � ' shelt bind,and the righta he►eu�der shall inure to,the reapective aucceaso►s and essigna of Lenderand Borrower,sub�ect b � ;'`'���a
<br /> •�'' }�i ' � Ihe prov�sions Mparag�aph 17 hereot.All covenentae�d eg�eements of Borrower ahall be joint and eeverel.The captfona end �
<br /> � f' � � headings ot the parapraphs of thls Oaed ol Truat are lor convenience only and are not to ba uspd to intorpret or deNno the �,_�,;a.
<br /> ° , p►ovlaions hereol. � '
<br /> i . • U. Notla�.Except lor any notice required underapplicable law to be g�ven in enother man�er,(a)any notfce to Borrower ~�. -�=�_• _`�
<br /> „ ,. provided for in ihia Deed of 7ruat shall be given by mellfng such notfce by cehfffed mell addreeaed to Borrower ut the Property
<br /> ' Addro�a or et euch other addrese as Borrower may deeignate by notfce to I.ender aa provided herein,end(b)eny nolfce to •
<br /> . ' lendsr shall bapfven bycertllled meil,return►e�elpt reque�ted.to Lender'saddrees stehd here�n or to auch othsr�ddress�s >�
<br /> � • lendar may de�prnte Ey not�ce to Borrower as prov�dad herein.Any r�otice prov�ded 1or10 th�s Da�d o1 Tru�tshdl b�dNmW t�. �
<br /> . to havs b�sn plven l0 8orrowor or Lender when prven in the menner deiipnetsd henfn. � • ,
<br /> � •11.1 "Rlqwef b►Notice.Tru�tor�nd benellclory�equesl fh�t a copy of any notfcs ol detault ond notice of etil�med�or • '
<br /> ' `� . � e,�ecuted by IM Tru�te�purw�nt to Iha prowsfona horwl b�sent to the Truator and B�nNlciory et 1hNr�apectW�m�d�np �....-.�- -''"
<br /> -�-�-----_
<br /> • ., � addreues wt tath ebovo." M.,• .•��•
<br /> .. � . td. UnMomi DNd al T�u�l;Oowminq Law;Sw�r�blNlp.The lorm ol deed of truat combinea unlform covenants for �_.;�j_•a.. —
<br /> ' - �-- - -- nAbo�el up and nqn-umform coveaenta with limited veneiwna by�unadici�on iu�oiieUiute e unliorn�ecu��iy in�ttunani = _----—
<br /> covs►Inq real property.Thie Oeed ot Trust ahall bo qovemed by the law of the�unsdiction In which the P►operty ia beated.In y�=r;;:,;;�.:_^
<br /> • " � the event Ihat any provlalon o�clauas of thls Deed of Trual or the Note conN�cts wUh appUceble lew,auch conUlcf ahall not , - � �.
<br /> ,. eHectotherp►ovlsfonsolthis0eedolTrustortheNotewh�chcanbegiveneflectwdhouftheconflictlnyprovfY�ons,andtothis -�;�,
<br /> • end ths prowsions of the Deed o1 Truat and the Note ere declared to be severable.
<br /> 1d. Borrow�r's Cop�.Borrower ahell be lurmshad e conlormed copy of the jVVote and of thfs Deed ot Trust at the t�me ot ,�.��'.�:�
<br /> execution or after recordetion hereol. ' ' '��� ��W � —
<br /> � 17. TranslN o11h�Propety;Mwmpdon.If a11 or any parf ol the property or an interefe th�rein is sold or tranaferred by � ,?;;:
<br /> � � Bo►rower without Lender's pnor wrmen consent,excluding la)the crealion ot a hen ar enculnbr�nce su6o�dmate to this Deed H_;_.,;._:`
<br /> � „ ofTrust,�b)thecreaUonolapurchesemoneysecuriry�mereslforhouseholdappUancealc)auansferbydevlsedesceMarby C� `._�r; —
<br /> ��� operetlon of law upon thedeath al a�omt tenant or(d►the grant ol eny leasehold mterest of three yeara or lesa not containing an t � -' }"�:,
<br /> option to purchase,Lende�mey,at Lender's ophon,declere all Ihe aums secured by Ihia Deed ol Trust to be immediately due �^��-°-rr
<br /> !'� t ' and payeWe.Lender shell have wawed such option to acceierete il,prior ro the sale or Iransfer.Lender and the person to -- ' �•��^� :.
<br /> ��; { „ whom the Property is to be sold or transferred re�oh agreement in wntlng that the cred�t ol such peroon ia satlafactory to °�•�:s��+�'�;��
<br /> ..� , Lenderand thetthe Intereat payable on the sums secured b th�s Deed ol Trust ahall be at such rate as Lender shaU r uest II ` ^ �-
<br /> y eq �'...I.I.=:':.:jiir:.
<br /> „ � I.enderhaswelredtheopUOntoaccelerateprovidedmth�sparagraphl7.and�f8orrower'asuccessorinmte►esthasexecuted ;•
<br /> � �� e w�iften aesumpUOn agreement accepted in wr�ting by Lender,Lender shall release 9arower trom all obliqations undo►this _,•._;!y,,,�=;�i_.
<br /> �' • ' Deed ol Trust and the Nofe. �
<br /> If l.ender exerclsea euCh option to accelerate,Le�de�shall mad Borrower nohce ol acceleration in accordance with • , � �'',�
<br /> �� y. paregraph 14 hereof.Such nohce shall prov�de a penod of not less than 90 days lrom Ihe date the noQCe fa mailed wlthin whfch � �,
<br /> • � • Borrower may pay the aums declered due.II Borrower lafla to pay such sums pnor to the expiratlon ol such penod.Lendor j.;����� .'��� �
<br /> + , mqy,wdhout fuAher notice or demand on Borrower,invoke any remedies permdted by perag►aph 18 hereol. \:•;.•,�:����
<br /> � � " •' NON-UNIFORM COVBNANT8.BoROw�r and��nd�r lurlh�r cor�naM and aqrN�s lollowc ��='`�i4;,;;�:--
<br /> �'� .. 10. Accd�rdlon;R«n�dt��.Except as provided m perag�aph 17 hereof.upon Borrower's breach ol eny covenant or ; � `°=��
<br /> � " agreement of Borrower in thla Deed olTrust,including the covenants to pay when due any sums secured by this Deed ot Trust. , �
<br /> � � . ,,:� . Lender prior toacceleratwn ahall mail notice to Borrower as provided�n paragraph 14 hereof specftyfng:(1�the breach;(2)the '
<br /> ��-.,,;a .. action reqWred to cure euch breech;(3)a dete,not less than 30 days Irom the date the notice is maiied to Borrower,by wh�Ch N���.`�.��?-.`
<br /> such breach muat be cured;and(4)thet fadure to cure such breach on or belore the date apecdled in the nobce mAy reeult in -"""""`"
<br /> Y� ,.�_,.•si.==
<br /> ::a. . n.,�r�'�(`•i4'.�art�.:
<br /> '�*-• • •acceleretlorrof Ihe sumsaecured by th�s Oeed ol Truat and anle ol thA Property.THe notice shall luhher fnform Borrower ot the .,•.��_:.�
<br /> �E + • nght to relnsfete afle►acceleratfon and the nght to Wf ng a court ac6on to assert the non-existence of a defeult or any other "• ' �
<br /> `��• � delense of Borrowerto eccele�aUon and sale.lf the breach ia not cured on or belpre the date specfNed in the notfce,Lender at :
<br /> f� • Lender's option may declere ell ol lhe aume secured by Ihis Deed ol7rust to be immediately due and peyeble wfthout lurther �
<br /> �; i; �.. • demand and may invake the power ol sale and any uther remed�es permUted by applicable law.Lander ahall be entttled to
<br /> - • ` ,� CWIeCt all reasonable Qoats end expenaes mcurred m purswnq Ihe remed�es prowded in the paraqraph 18,includin�,buf not ;:. ...: ., , . ,
<br /> _,� • Ilmited to,reaaonabte attorney's lees.
<br /> �- l '>` " If the power ol sele is Invoked.Truslee shau recard a noUce ot delaun�n each counry m whtch the Property or some pa�t �•. '
<br /> - `���., , ,. thereof It loceled and shell mad copiesof such noUCe m the manner prescnbed by apphc�blo lew to Borrower and b fhe other , �
<br /> peroons preacrlbed by appl�cable Inw After Ihe lepse ol such hme as may be requ�red by applfCabl9 lew,Trustee ahall gfve
<br /> _ �°��•" , puWic noliCe ol ea►eto Ihe peraona and in the manner preacnbed by apphcable law.Truatee.wilhout demand on Borrower.
<br /> :�,;;.; �, ahellaNlthePrope►lyatpubllcauct�ontothehighealbtdderattheUmeandplaceandunderthetermadeaipnatedinlhenouce
<br /> y� ";� of salo In ono or more parcele end fn such ordor es Trustae may determine.Trustee maypostpene Bale ofall or any parcet ot •
<br /> __� �;��.`•;•-, ,� :f Ihs Propert�►by publlC ennouncement et th�t�mo end plece of any prevloualy�ch�duled sale.l�ndor or�vnd�r't di�fpneo �
<br /> �. �,
<br /> — u-• z m�y�urohue the Proporty at any sale. �,;'.��y-,a-:= ��
<br /> � '� Upon roceiptof DAyment o1 thepnee bid,T�uetee eI�a11 deliverto the purchaaer Truatee'adeed conveylnp the PropaAy aolo.
<br /> ,. -
<br /> TMr�r.italainN+w7`n�al.�'eef�efahallhwenmafacl�AV�d�nc.seNhalrutholthaafefamanhmad�tlwraln.7ru=t�eshallandy ,-.'_______:
<br /> _99� • ���.��r�•, thepraceedaoltheealelnlhefollowinporder.�a)ballre�soneWecostsandexpRnseaolthesale,includlnq,butnotlimitedto, � � �
<br /> -�Q,p' , y,:•,;. 7�usta�'sleeaofnotmorethan _ 96olthe grossaelepnce,roasonableattorney'sfeesondcoatsofUtlesvfdencQ; "
<br /> �� �"' (b)to all aums secured by th18 Deed of Trusk and(c)the exCeas,if any,to the person or persons Ispally entltled th�roto. •%•� •
<br /> __ ,,.tr�. 1�. Sonowe'�Rl�hl to RNm1aU.Notwlthetandinp lender's acceleretlon of the sums aecured by thli Deed o�TruaR `?�� �` ' �
<br /> - Borrow�rshallhavethe►fqMtohoveany procoedlnpabegunbyLendertoenloreethsDesdofTrwtdi�conUnwdetanyUme :;�;=_�:;��.:; •
<br /> �� prior to the earlier to occur ot(f)the fiith day betore the aale of the Property pursuant to the power of i�le conbined In ths Oeed -
<br /> ' of Tru�t�li)entry ol a�udpment enlorcfng thls Oeed of Trust 11:(a)8orrower pay�lender all eums whlch would bs thsn due ' '-' • �
<br /> �'`�h`t�-������ undsr th a Deed of Truat,lhe Note ond notea securin9 Future Advances,if any,hed no accel�ntlon occwad:�b)Borrower �
<br /> '�u � •• cur�s all breaohss of any other oovenants or e�reements of Borrower contefned In thfs Daed of Trust(c)Borrower p�ys all �.�••�1,, , `' '
<br /> -, , rsuonrbt�sxpensesineurndbyLendo�andTruste�enforcMplh�covenanlsandaqreemsntsolBorrowercont�inedinthis -�i�i�" '
<br /> � ' Qe�d of Trult and in enforcinp l.ender'a end Truatee's�emedia�s provlded In parayraph 19 hereof,inaludlnp,but not Ilmlt�d .g ..'.
<br /> �
<br /> �;_�,, to,reawn�bl�aBorney'Ne�r,andld�BorrowerukasauchacdonaaLendermayrea�onablyrpulrotoassurothatthellenof ��4,•
<br /> Ihl�Med of Trutt Under's intere�t in the Property end 8orrower's obNqallon to pay the�ums e�cured by thls Deed ot Truat ,
<br /> " -` -` — eh�11 contlnw unimp�ind.Upon�ueh peymentendcure by 8onowar,lhla beed of Truslend ths oblipatlonssscurcd hereby .
<br /> --.,j�.�;•_� shall nn�ln in lull lorp md�H�ct as H no eccN�nUOn had xcurnd.
<br /> -- _�LxC ^re�',,__� �
<br /> _:,�[ --- -
<br />
|