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<br /> G� Udoea applloebio tn►v provldoa atMtwloo,atl paymento reoeivod by Lendor under tha Note and poraprapht 9 ur�d 4 h�roef ehsfl be e�pgli�d by'l.�ndor, �_ � .ti
<br /> Ilnt(n peyment oi amount�pmyabl�w L�ns�t by 6orrow�r u�or per�pr�ph 4 he�eof,ihen to Int�raat p�Y�2i on th�Not�,Msn to tbe ptlncl�i�i of, ___—_ _—-
<br /> t!►s Note.end than to Int�n�t and prieolpat oe sny furtMi adv�noes ot otMr ind�bt��neot teaur�d honby. -"` --- --
<br /> ��- -:.�_-_ --
<br /> . � G. iwnot+N �^� ,�o Prmperty fn Yood�6�61i end�hb1i not aoPru7dt we�ta ot�ef�ii{t Ir��pairmont or detoriurotloqt of tAa t'tayORy. �—� '., -
<br /> —«n''��- --- ,�' 7. it ths @orrowee tdia w:a)rndnvin cr gay tM premturte�for the requlrod Imutonoe of the Properry,or bl paV texeo belore delinqu�nt,or a1 p�y aay �
<br /> .'��
<br /> � � amount due under e pdo�mortpepe or truet decd betoro delinpuen4 or d)maintein the Property in yooE repst�,or e�porform�ny oi the o6vat►s�si�ar �•---�---'-�-°-�=-__
<br /> � '' o�racmentc of tfiie Truat Deed,than LenOer may et its opdon pey auoh Insuranoe premtuma,texeo,mortpapa or truat dee!peymant�,ot msico r�Yro • ' -_
<br /> " �nd dlahane suoA guma and teke suoh aotion a�it dasms nsae�ta►V to protoot ite fnteroet wlthout wdvinp os ctfoocfo�p ite d0ht to deofere ot Aotwlt ';�.� , �. �' ���
<br /> • �nd sooderate tho debt seournd hereby Eeoaucs of any ouoh fdlun of the Bono►vsr. Any omounte so diebureed by the Lendsr sh�U aonWtut� �`•;;�:,,;.,�,,�-:�y;x_
<br /> addiUond iredabtcsdrtasa o!8orrower oeourod by thio Tnnt Oead art�d ehnli bear intorost from tho dotA of dlabuiaemont ot the�ate peyahte unAer ths __ __ _____ � f;:_
<br /> " Nate. Nothinp aontainad in this parapreph ohal�require Londer to make eny auot►Qisburoerteente or teka enY oeUoci whntoonvat.
<br /> �$. londor may meJco ot oeuse to bo mudo reasonable entdea upon end inspeoUoo of the Property. � :� -
<br /> • �8. TAo prooeeds of any aevard or oteim for demeQss,direot or oonaequentlal,in aonrteotion w►th eny oondemnation or otl►er t�klny of the Pro�erty, ... , . °:i
<br /> or port theroof,or for oonvoyenoe In lieu of oondsmnstlon,ore hereby oseipnnd o�ohall bo pdd to Lendor to the oxtent ot the tu11 amount of ths
<br /> � romeinirtg urtyaSd inda4tedneas aeaured by thfs Trust Oeed. • " • . •
<br /> �if the Propetty fe abartdorted by 6onowar,or ff,afeer rtodoe by Lender to Bortowor thet tho oondomnor otfora to mcko nn o�vard or eettle e elcm fot �';. ' _
<br /> �damaQea,Borrowar infie to res�ond to Lende�wlthin 30 days oftar the date such notloe io maited.Lorxler is nuthorired to oolleot artd apyly tha ptoeeesfe �_
<br /> to tAa euma seou►ed by thts Twst Desd. • -
<br /> �
<br /> CondemneUon prooeeda or ewards shell be oreditod to the leat maturinp inateilmenta of tha indobtad�eae seoured end shall not exoeed o►poatpone _
<br /> the due date of the Inetelimento�aferred to In paraptaphe 1 and 4 hereof or otunpe the emount o!sucA inatnlimonto.
<br /> 10. !f the Le�der iasuea a partfal teleuae of thls Truet Oeed,tho prooeedo reoeivad therefor sheli bo crodited to tha laet maturing inatdlmente of the =
<br /> Indebtednesa aecured herebY• ��
<br /> : _:.f,�_..:;.
<br /> ' 11. I}Lender either votunterity ot Invo�untadiy baeomos o party to a�y suit or Iagal proceodinp reiatinp to the Property,Note or thia Truat Deed,then "'`� "{�_ j
<br /> Borrower will reimbutae the Londer tor ali ooate and,to the oxtent pertnitted by�aw,raasonab�e attorney teos incurred by tM Lender retaUnp to auit �;�;
<br /> or�epai proceodings ond eald sums sheli constituta additional indebtednose socured by thie Trust Oeed and boer mtorest et the rete payable under the q , •;-
<br /> Note,unUl pcid. I ' ,: ' `
<br /> I �
<br /> 12. Av ed4idonal 9eoutity Borrowar does hereby asaign,trensfer and eet over to Le�der,m case of defeuit in the perlormance of eny of the terme or ; '. . ' . �',
<br /> conditione of this Trust Oeed, the Note, or tho tetms ot ony indebtedneas securaJ hereby,al!ot the►ento, reven�es end any incorta o!any type 't :`"-.�( �;,�K
<br /> �„S;.-•
<br /> whatsoever to be derived trom the Property,inciudmg tend contraat peymonta. Lendor,in pereoo,by agent or by rocaiver, without regerd to tM � ..,;-;+'• , '..x• �,._„
<br /> sotwnoy or inaolvenoy of the Borrower or the votua of 2he Propeny, ahall bo ontiUed to teke posseaeion of,�opsir,rent and manape the Properiy ut►d „��,�i�!r
<br /> to eolleot the rants,rnvnnuee end inooma therefrom end it mey pay out of said ineome alI expensee ot repau end eoats inourred In rentinp and menapinp ` ;�j�i�`•`„g-,
<br /> :>d:•.:.�
<br /> � the Property end oolleotlnp re�tele and for payment oi insuranoe premiuma with eny romafning belence to be epp�ied to the leot matutlnp payments I �:;�„�,'�
<br /> � of the debt aecured heraby. Upon preaentlng e copy oi thie Truat Deed and demand tn sry lesaoa,tonant or contract purchesor of the Property�euoh , ��r
<br /> person shall pay elI ronta,paymenta and profite eccrued ot thereaftar accruing to t�e lender untit tunher notice from the Lender. I � t
<br /> ` .
<br /> � 13. If NI or any pprt of the Ptoperty or eny intareat theroin fs doeded,eold by land cont�eet or otherwiee conveyed, elieneted o�furtiar enoumLered � ; ;�
<br /> �� eltMr volunterily or involuntari{y without lendet'e prior w�itten oonaent,or if the Truator ia a corporaGon end thara is e ohanpe in ow�erohip o4 6096 •
<br /> ��,� or more of tha corporatfon'a etock,or if the Truptor is a peKnerohip end there ie a ohenpe In the membe�ehip or a dlsooludon of the partna�ehip. �, +
<br /> exdudiny(e)a traneYor by opetation oF 18w upon the denth of a Jotnt tonent or Ib)the prant oi eny lea�ohold inte�eat not aontaihlnp en opUan to I . ;.•r� �
<br /> �' ' putehese witA e toase term ot twa yeere or less,or(a)the creotlon of the putchasa money eecurity intereet In househdd eppliertoee,then Lender mey, , � •, �;•
<br /> �j at Ite optlon,declere elI eume eecured by thl8 7rust Deed to be immediately due nnd payable. �n the event the Lander conaente to eny auoh ohenpe } �?• �- , ' � ;�
<br /> !n awnership,control or die8olution or transfer of all or eny part of the Propeny,thon Lender may et ite opUo�edjust the interest reto to the prevdAng { ;.,,�'>','�'� �
<br /> ��`�,� tate at intereat thet lo ehe:ged on new aecured Ioans ot tho type seeured by this Trust Oeed et tfia time of the chenge in ownerafiip,oontrol,dlesolu8on ' '`��'.5!,+�"��' ,�};J�j:� �
<br /> ��.,� of ttenater and may cherge o trenafer fae. � ;ys'p�`!
<br /> � ���.
<br /> ]4. Upon Borruwer's breach of any:.ovenant ur apreament of 8orrower�n thw Tniat Qaed,includ�ng the covanents io pay when dua eny sums seeured � ''
<br /> by th18 Trust Deed,Londet at ita option may dectare all of tho aums tecured by thie Trust Dead to bo immed�ately due end peyeblo without futthe� � �
<br /> dematxf and may invoke the power ot 6alo andlor u��y othsr romedioe parm�tted by applicablo low fncluding Yho nght to foreclose this Ttuet Deod in �'
<br /> the manner ptovided by law tor the ioraclosura of mortgapes on rael estato. Lender ehell bo andtlad to collect aIl reesonable co»te and expenses . ;,��
<br /> 7 inourced In purauinp auch romodiea�nctuding,but not limited to,end to tho extent permitted by Iew,reesonable attornay taos. ; ,
<br /> '+ It the power of eale Is invoked,Trustee shell rocord a notico of defeult m eech county in which tho Property o r som¢part thereot is locetod end provide �
<br /> 1 notice theteof in the monner prescribed by eppliceblo law. Aftor the Iapse ot such time as may bo required by appUcable law,Trustee sholl pive pubiic �
<br /> rtotice ot salo to tho peroone und m the manner prescnbad by appliceble law. Truetea,or the ettorney for the T�ustee,w�thout demand on Bonower. �, •., � �
<br /> aha11 eull Me Ptoperty et publio auct�on to the h�gfiest bidder at tha time nnd place and under the terms designatad m the notice of sale m one or more � .
<br /> pnroela end in eu:h ordor e�Trustee may datarmino. Truatoo may postpone sele of eIl o►eny parcel of the Propo�ty by puDlic announoement ot the �'• ,i�
<br /> tlme end piacu of any praviour�ly schoduled sa�e. Lender ot Londer'a das�flne9 mey purchesa tho pruperty et eny sala. • •� ',, .
<br /> Upon recefpt of pahnont of tho prica bid,Trustoo shall dal�vor to tha purcheaer e Trustoe's Ooad, wnhout wor�enty,conveyine tha Proper[y eold. The • ' '
<br /> racitels in tha Tr�stee's Deod ehall be prima facie ovidonco of tho truth of the statemente mede therein. Truetoe shalt supply the proceede of tho sete ''•��','
<br /> ' tn ffie tollowmg ordsr: a)to nll reasonnble coste and oxpeoses of iha�e�e,mcludmg,but not hm�toJ tu,Trustc,n':.�ees ol nut nw�e then Fvo Huttdted ,
<br /> end No/100(8500.W)plus 1/2 of 1°.�of tha amouM secured horeby end remei�ing u�pa�d,and costs of t�t1e o�denve;b1 to all sume aeeured by this ,
<br /> Truet Deod;nnd o)the oxcass,if uny,to the peraon or poraons lepully ont�tted thoreto. !
<br /> 15. A�y fqrabearance by Landor in oxorcising eny right or romody hareunaer,pr osherwise affordod by eppl�ceLln law, shell not bo a warver of or
<br /> preclttde the exerciae uf eny such right or remady in the event of conunuing ur tuturo breochos by tho Borrowor.
<br /> 18.All remediee provided in ihis Trust Doed aro diuGnct and cumulet�ve to eny other nght or romody undor this 7rust Deed or efforded by�ew or equity,
<br /> eredmeybe exercieod concurrent�y,independontly or successi�ely. If Borrowur hus gwen lender e chAnal mc rtgege,or secunry epraement on persor�el
<br /> ptopetty es addttionel secunty for the debt soci�red hereby,�n the event ot default haroundor or thorounder, Lendnr shall heve tha right and option to • � •
<br /> firet foreeloae on seid por�onot proAOrty wrthout qrat«diee to�t�ngh�o� rhnrontter sall ur lo�r�l�.�e�ho�'r�,�e^•� . `• ^crsue all 8neufity dt t�+0 sar*ee ' •
<br /> �`�! tirne Or to pursue b��parsonnl Fiuperty oftar tr.e em:.�r�:rc���.�..,�° c'U,o Prupe��y.
<br /> :.�5
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<br />` ;',I�i 7�. :d�an peyre�asc of ell sums ye:���d bv t:�+a-�.,s�'Jaeil L���xr�hel�•�quest Trustee to recc-�e� the f-�:ca••,,�:: ��s;�snr-srtler tMS Trusz CesG
<br /> 4 anct alI nutea ev�denaag.nde�'oimaa++e:ur�C�v ^•�s�•�r.^e`�: 'c ��4steo Truat�e sh�� �,�• •• -•.:tio Prcae••. �. "::�• wer•err•.to the pnrsen or
<br /> peva:�a:�ngally�ma!nd tAerct� b�cr;ersor_�vo•�.^v a^��•c•a� n-�:os�c af rocorderw�. � �-�
<br /> '�'� ' � �' 4�_ G,aMler,eY lando�9 option,may from time:: �ime •amcve�^�ate8 And O;t�c�nr�auccBSeor tru9tes t0 anv�:•�stee oppoin4srl Aereur,der Iby on
<br /> . ' , ��� iros".rument rocorqec�m the County m wh�ch ih�s •t:e���aa.s rea�de^.. w��c,-:.':�nvoyanco of th9 Propeity "��"-C:0KS0t t�L'9198 Sh0!I 9tt3C'B�3d�O
<br /> � � ''� ci!Ltte,powar end duties conterred upon the T•�s:aa .�ere�r a�.a by app��eeble lea•.
<br /> �
<br /> � t9.�ucept tor enynoticos,demends,roquosts or othor c��•�•_•, !�,on�teqwred under epp��c.+blo lew tn be{�we�,�ene�ho�•—anna� whenever Lende�,
<br /> �unowet or Truetoo grvea ot servea eny rwt,ce bn�-I�d��,. r.:,,,�t��ri tet�un, n�•nco of doluu�t d��d not��o �• .a o 9ar:ilrta raquoate or other
<br /> cerranunieation with rospoct to th�s T�ust Daeu.aucn su�r n�.t ce.demonG,requesr ur�thet cu��m�n�tat�or� s�s'�o m wr�t�r.g and ahall bo etfeCtwe
<br /> onty it the same ia dolivored 6y personet se�vc� :•--a��od bi cuu'�od msil.nostapo propa�d,reWrn•PCe�,t r9��.est�s aQdressed to the nddress as set
<br /> � fortA et tAe boginnim,of tho Trust Deed. � •��• ���any nurce.rt doteult nnv not�ce ot snls,reqw�ed a��e��n.rr�d ro te prvan heteunder,ehall be
<br /> mzdod to oaoh peroo��who ia e party herota ar r��¢nerosa see fur�n et tho bap�mm�p o�th�9 T/U91 ONOQ Any c:�•�r-•�.�v.�'e�y ume change�te addross
<br /> tor s;uh noticos by c.�lrveri�g or madinq ro�rtp OYAt'7a�r.e�I,+r�io. qc etoro<mJ,a nouc�of.uch�nanpn. a�.� �c+:o:�undar shall be deemed to
<br /> . Rsi,sq fo Deen g:ven to Botrowa.•ur L3naer wh¢n�!ve� �tnr m:nncr des�Anntod horo�n.
<br /> 20.Thoenva:+��tsII7�degr0emsni61i9ro�rc�nr��adsh3::^d .:�ithenghtehnrocnJersh��i�.1i,:U'.:�nd��ti.)�5.,�.�0�'d'61'S;)"Q49O�8LIV86.fiUCCQ810f8
<br /> flnd essfg�lS Ot Yh�U8fI193- RI�COY8hDM5 A"�1}�r3•'P�1i+n'S�� ""^Borrowo�sho4 be toinr and�t.� .+ ����•N^ru': r�1�4H^;�Ib RIBdO 10 tho emyular
<br /> hereunder, tt Sh.:�i m�lUd9 thti plurel Bnd�h0 p��r�ci sh¢:l mdule ;no smguter.
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