|
,'ilfi�/•'!i: .:. �,�.. tF :CI'3��n . l":r:.-'�.:.. � .. ' � .. ' �'�;'•.,';cp� .. . _.
<br /> _ t�(��:. .,.1t!tl�::i:�l �.f�'lll;b�4�"' t?��''��%S;' '. , ',,U,�vn'�
<br /> . . � /� -. :..�.6 , .
<br /> � _ .. . � ... '� ' . '•Ir'�'�,'s.,%_',i,.5: . . \ —
<br /> �- - - . . ..�'. , _-
<br /> , � � ,
<br /> . . , F _ .• � ...I. � ' . . -�tW�ai _Q�. __
<br /> '�� . . , .. TM. .. . i.f�q.irY�1k��,T crx�
<br /> �i rr..� . , , ....,..n*t•4r+?N,q�µaallnYA'.�il�'1�iw.ow..wa...�..N�r,at�w+r*��,,a�,•e,�,., _Y
<br /> �rc� ... •i� . r ,�,
<br /> 7 ��r+4�!M!11?RYIW?�✓ ,_ .._,..�. ...� .,.,...�... _Y...._._... _ _ _ - - -- — -- - . s._ .
<br /> . T
<br /> "r'+i��tat� �•�+••,
<br /> --- - -_ ...�QW .�.• _ �y�nr].. _ �-t.',:�a�.i�l"�.�;,t'�._.��°i.:�'":.;�r1rsL ��.�.r.-�---- .
<br /> - _ _ �
<br /> �•���_
<br /> .:�T..�_>.,=w:d-.5.:. --- Ym,�i.. - , _ _ e
<br /> .��.�_ �_.,._...., -- � _ ��-- -------_
<br /> - wm-- --�...._._ ._�..��-r�._�.�-�---
<br /> .. . _,.._�_.. .a..�,..._
<br /> ,:�- •
<br />_ "'fdFi4"�''?��,-��man:�'
<br /> , � r��1 �zc►.aiinlly llnPule o�i lii� Nc�te �e nncl�r this I?c�d of'Fi�ust, 1it(I(G)�(°,fCCS fh1� I/Ci1tICC :IP�d n�►y ottiee F3orcui�ree �`" , .
<br /> . ' bcrcuqdce n�ny n�:ce t��esct�nd. ntitdify, forU;:ae,�e��inlce auy nthee nE�onzb�ia:�i11I031S 1YIl�l 1'C��ff�10 1{IC LCI'fils of tl�ts
<br /> - ° ,I�eet1 of Trust or the Note,with4ut th�t qarrow�r's wuscne nnd vlthaut e,.le�sing that i3oc�•arl;,e ar�•raodifylRB tiii5 fJ.;cd . .�:
<br /> -".. . of Trust:u to that E�orrowcr'E in4crest in th�Pro�xrty. �' 'L'���•''= "'
<br /> ,-.�-YY;�•°e.i�c,.�t�-:v�—
<br />_.< <°� . ,K � 1�. Not�oe.Except for any noticc requlrcd ondcr anpllaable luw to bo glvcn in anothcr munnc�,(o)any�iotiLC to ��-� `wY-�.,�.�p` :_s,_
<br /> " 13c�rrbwcr providcd t'or In this Deed of Trust shail bc Fiven by deliverin}3 it or 6y mailing such nutice by certified maU ��, �4 _
<br /> �.�.,� ''• ' addresscd eo f3oerowcr a2 tf�e I�:op�..tY Asic3F�:.=or at�a�h other eAdEess �!e @orrowcr may deslgnate by noticc to Lender _
<br /> �•:��' .�• "s: �,��
<br /> � , � Rs provided herefn,nnd ib)any nottco to Le�idor shall be glven by certltied m�ll to Lcndcr's nddress stated Fucein or to � �__ �°
<br /> � such othcr address as Lendcr mny dcsignuta by�totico to Borc�wer a9 pruvEded hereln.Any notice provtded for ij�this � � ,�,� t:�� _.-
<br /> �� Decd of Trust shall bo danned to hnvc bcen givcn to Qormwer or Lender when given tn the mannar dcsignated Izerein. Q• ,�u�,��,�Y, ��'
<br /> 13. rorcralnA L*w�►eresabiilty.'I'Ite state and lc�cttl laws mpplicahlc to this Deed of T'�ust shnll bt the l�ws of the G� �,#.,��:��,�__� .
<br /> ,� .._-. - .
<br /> ' Jurisdictton in which the Property(s located.The foregoing sentence shnll nat Iimit thc applicu6111ty of Federal law to : ., . ,... �:,_:
<br /> this 13ced of Teust.in tt�e svent that any provi3ion or clause of this Dec�of Trust or the Notc confltets witt�applicablo � �r-�s�-•,•��.�_..�:,_"
<br /> law.such confltct shall not affect other provistons of this Dced of Trust or the Note which cun be given effect without the . ,..,>-�._ _
<br /> ': �,:-;,U:�.�.
<br /> conflicting provfsion.nnd to this end the provisions of this Dced of Trust nnd the Note are declared to be severable.As t ' ` -••,k:.;,,,;j=
<br /> uscd hcrein."costs","expenses"and"uttorneys'fees"include nll sums to the extent nat prohibited by upplicuble law or ' ` • , .-
<br /> , `r.._ �.::,.::�`.��"
<br /> Ilmifed herein. �� �p
<br />— ';� � ,,.:ry.;n �r.:
<br /> 14. Donower'�Gapy Borrower shall be furnishcd a conformcd copy of the Notc and of this Deed of Trust at tho : _-�'�_.,
<br /> , tiane of execution or after recardution hereof. � _=-�
<br /> 15. Reb�blUtRtlon Iaan Agreement.Bonower sh�ll fulfili a11 of Boceowee's obligations undec any homc reh�bilita• . . �,::....U;...--_
<br /> � tion,improvemcnt,repuir or other loan�gseement which Borrowcr cnters into with Lender.Lcndcr,ut Lender's option, °Y�,._-•:�s.
<br /> _ ., • , muy require Borrower to exe�ute and deliver to Lender,in a form acceptuble to Wnder,an nssignment of any rights, �`�,j,;___.'__
<br /> claims or defenses which Bonower mny have aguinst partics who supply labor,mutetiuls or secvices in conncctinn with ,.,L�_,�';��
<br /> = improvemcnts made to the Pruperty -:�^*r�:T
<br /> 16.TrRnster ot the Property or o BeuNtictxl laterest In Borrower. If all or any part of the Property or any Intcrest _��;�:_1....
<br /> in it is sold or transferred (or If a benefici�l interest in Borrowcr Is sold or transferred and Borrower is not a natural •,,•�y_�
<br />� � person)wleh�obt�s Deed of Tr stttHowever,�thi option sha�ll not be xercised by L nder�lf cxe ci e is proliibit d by , ��'�,.�,�,
<br /> sums secur y `
<br /> federnl law as of the dute of this Dced of Trust.
<br /> If Lender exercises this opt[on. Lender shtill give Borrower notice of acceleration. The r.oiice shall provide a ' -�. �
<br /> period of not less than 30 days irom ci�c daie inc uotii.e is dc!:cr��:tz:s:!�s�wit!!in Wh�rh Roerower must pay aU sums —
<br /> - .__.._...._.__
<br /> securcd by this Dced of Trust. If Borrower fails to pay thcse sums prior to thc expiratlon of this period,Lender may ''"'�.
<br /> � invoke any remedlea permitted 6y this Deed of Trust without further notice or demand on Borrrnver. • ��_,�
<br /> NoN•UNIFORM COVENANTS.Borrower and Lender fusther coveaant and agree as follows: ��;�--
<br /> - „ 17. AcalenUon;Remedta.Except a Pmvtded In pt�ragnph 16 he�eaf,upoa Bor�nwsr'�bre.uh of any corea�at � •�:�--
<br /> �-:�
<br /> � or sgreenuent ot Horcower ln tW�Deed of'Irast,Including iiotcawer'�fAllure to pay,by tho end of 10 calendsc dsyr nfter x���=
<br /> they are due,wy�ums aecared by thts Dad of Tnut, Lender prtor to sccelcruHon phall glve noHa W�a�wer� �"�.,�
<br /> . � • prorided la punSraPh 12 hereo[tpectfytia8t (l)the bx�eb;(2)t6e tction eequt�ed to cure sneh brsach; l3)A dsk�not =a�;�..
<br /> . Icas thw ZO dtys fmm the dste the not[ce la malled to Borcower,by whIIch such breach m�t be cared;Rnd(4)that ..��-:!-
<br /> fdltuc to curo�uch bca�cb oa or before tha dnte�poclHed 1n tl�x n°ace miY r�sWt`°acceleratlon of the eumr secured by • T�Y_T�
<br /> this Dad of Tru�t and snle of the Property The noHce�hdl Eurther Infaim Iiorrower of tP�e dg6t to reinslate afkr �;�..
<br /> accsientlon and the dght to bring a 000rt actton to asrert We none:btence of s defRUlt or any other defen�e of Borrower t ,_
<br /> , �-
<br /> to accelerwtion and iale. I[i�he breach b not cared on o�bcfore tho dnte tpectfied In the nottce, Leuder,st I.ender't :�.;,�,.a
<br /> opdon,may dcclue�ll of the wmc�ecnnd by thls Dad ot Teust to be tmmedLtely dae snd psyable withoat furWer �', - "-
<br /> � demwd iutd may invoko the powcr o[��1e and any other remedia�t�itted b�ippl�csble Isw.Lender ahnll Ms endtled ��;;A�'`
<br /> 'r W collcet all reasonable coata and e�eusa Incurred ln punaic�We remedla pmv[dad In thf�psu�8r+►ph 17,Lacladln�, .
<br /> bnt not Itmlted to,re�onue6le attomoy�'fea. � �
<br /> If tbe power of oale li invoked,Tcustee�halE Kcord a nottce of de£�ult In esch caunty In whlch the Pcoperty or some
<br /> . put thenof b I�ted and�hall mRll copta of such nottcx In the nnanner�rescribed by appl(cable!�w to Uorrower aad
<br /> ` to the other person�pnscdbed by appllcable Isw.After the lapse of suc6 Hme�s m�y be ceymsred by spplic,�ble 1Rw, �� '
<br /> Trtutoo�hnl!give publ(c noHce oi sale to the pertons and In the manner 6srescdbed by Appllcab3E law.Trustce,witlxoat
<br /> dem�nd on Boreower,rhall cell the Proporty Rt put►lle�uetlon to the 6lghest btdder at the ttme wd pl4c�e and under Wa .,, .
<br /> terme deslgnated In ttx nodce oi wle[n one or morc pamis An�d���ent at�thcuWnr ued�l�co of sny�pr��o�s1�
<br /> ' po�tpone sa9a of all or any parcel of t6�e Property by p ,
<br /> � .�� icheduled eat9t.I.ender or Lender's dcylga�u msy purch�se the Pro�cty d any rale.
<br /> Upon receipt of payment of the pda bid,Trostee ch�ll dellr�r to the purchascr'I�uatse's dad conveytng We
<br /> propedy sold.The rcettalt!n the Trusta's deed�hall be prlma tule evldena of the hvW of the etatemenb made
<br /> � , thereSn.Truatce�h�ll+►PP�P�e p��ot the sale[n the[oUowWg order: (a)to nil re.asonAble coats�dof���u�e
<br /> anle,Inc(ndlag�but not Iimltcd to,Tnutce'�feea acttallY[n�usK�d�`�u�`��d by tails Dcsd mf Ttwt;and(c)the e:- I
<br /> • pxice,rcason�ble attomey� fea and ca�b ot Hfle ovidence;(b) +
<br /> � ccas,lt�ny,to t6e penon or pe�sons legdl�entitltd thereto.
<br /> 1�. Bonower'a Right to Reinstute. Notwithstandtng Lender's acceleration of the sums secured by�enfotce�tt►is �
<br /> � Trust.due to Bonower's brench,Botrower shall have the dght to have any proceedings begun by Lendet to i
<br />_� __ Deed of Trust discontinued at any time pdor to the enTlier«o occur�„f�1)f Aeii�ament nfurcin¢e lils Deed of Tu�strtf: �
<br /> _—.=— _— -
<br /> pursuant to the power ot saie concaincu �u«.��..�••• -•��•�• •-••--°•• -- • -_ �- - •
<br /> (n)Bono�ver pays Lender all sums�vhich�vould be then due under this Deed of Trust and the Note had no accelerution
<br /> ' occurted:(b)Bonower cures all breaches of any other covenants or agreemcnts of Bonower contained in this Deed of
<br /> 'I ' � Trust; (c3 Buecower pays al! reasonabl�eapenses incurred by Lender and Trustee ln enforcing the covenants and '
<br /> - ngreentents of Borcower contnincd in this Deed of Trust pnd in en€orcing Lender's and Trustec's remedics as pr�vidcd in
<br /> - ' parngraph 17 hereof,including,but not limitcd to,reasonuble attorneys'fees;nnd(d)Borrower takes such action as
<br /> � Lender may reasonubly require to �ssure that the lien of this Dced of Trust, Lender's interest in the Property and
<br /> Borcowe�r's obiigation to pAy the sums secured by this Decd o4"Trust shnll continue unimpaired.Upon such payment and
<br /> cure by Botrower,this Deed of Trust and the obligations secured hereby shall remain in full force and effect as if no
<br /> � � uccelerotion had occurred.
<br /> � � !g, �Ignmeat vt Renb; Appolntment of Receiver; Lender {n Po�ssss(on. As additional security hercunder.
<br /> Botrower hereby assigns to Lender the rents of the PropertY.provided that Borro�ver shall.prior to acceleration under
<br /> ��I .� paragraph 17 hereof or nbnndonment of the Property,t�ave the tibht to collect and retain such rents as they become due
<br /> -�: . " andpayable.
<br /> __, t Upon acccicration under pnragrnph 17 hcrcof or abandonmcnt of t4�c Property. L.cndcr,in person.by agcnt or by
<br /> --�" juciieially appointed reeeivr,r sh�ll be cntitled to enter upon, take possession of and manage tl�c I'ropect}�and to collect
<br /> ;AI ,��- --- _.
<br />
|