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<br /> :� . ;�• � � � ` . . - �dt r '� - -� �.���—,, � ---_- - _ --�
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<br /> .d._C h .A` . . . y�l.� � ` .�V '�. ���� " F •--
<br /> . "' ° ' 9. Condemn����'f��Gi�e�t.q o(any award or Waim(or damages,direct or cOn���en5al,ln cannet�on with flny �
<br /> ' condemnatcortarother taking ottPzePrr�perty,or partti�ereo6,ortnreonveyance�n lieu otcondemnatian.flc�h8re�y8sslgned
<br /> �--�
<br /> : ,,.. ��.. . , anid sdail b�patd to Lender. - , ��`_`__ °----
<br /> . . . • � tnt�eeventotatotaltakingofthePropany.trieproceadssha114aappliedtothesumssecuredbyt?�isOtedottrustar3m �`-`�"— -
<br /> . �=�
<br /> �`° �` a . the excess.If any.p8id to Borrower.(n the event of a parti�f.taking of fhs Propsrty.Ufi}8S3 SbfPOWBf 8�{Li l8f{d8T01PtB1tRiSB
<br /> " ' • < : agresinw�iting,thereshali6�apptiedtothesumssecuredbyth�sDeedotTrustsuchpropartonoltneprocseQSa�i�equalto y f � = � -
<br /> ,. , • MatproportionwhtchtheameuntoftResumssecureQbythes0eedotTrustimmedtatelypriortot?teQataoftBScingEearatotRB � `� -
<br /> � ,. • ' tair maricet vatue ot the oraparry immediatety prior m the dateof tatcing.with thedalartce of tha proceeds palA t�Borraurer. ��e;.�,-�_:_�-_--
<br /> �•. , IfthePrapetryisabsndone�by8orcotivst orif afternotic86ylenderto8orrowerthattheCOndemnor�'ffergtomake8n � , +-.��u-----
<br /> ,. .,, �.. � award or settle a claim for damages.Borro�rer fails to respQnd 4o Lender v�ithin 30 days�the date atich nattas ia maila� ��_��+� ` -
<br /> ` —• ' Lender�sauthorixedtocoitectandappiydr2proceeds.atLendersoytian.eithertorestar�tionorrepairot6h�ProAertya�to T �`--
<br /> . , . the sums secured by this Qeed o!Trust � . �`.-�'��`'Y���`'-_
<br /> . . • �• . Untesslenderand8orrowerothenxiseagreeinw�iting.anysnch�ppltcatiano4procsedstoprinci�alshatlrtotextehdor -. .,. r_��-��'�'�
<br /> • _ :. postpone the due date ot the�monthty instatlments reterred to in paragraphs 1 and�hereof or change th9 amount o}Such -°t.�:-�°��-�-��
<br /> � , instaUments. . • .;:-'�����=_-`
<br /> � 10.BaRaearNo9R�e2eaaed.Extensianofthetimetorpaymentormodificationofamorazafionofthesumssectcredby�is y`�-"�` �
<br /> � `�'� ,=;��=�s��
<br /> ' ' , peed oi Trost granted by lender to any suecessor in interest o!Sorrower shali noi operata to release.in as�y eianner ths .,:-�'-:�w�!:�-�-=--
<br /> ` `��' Iiabiiiryattheoriginal8or�aswerartdBorrower'ssuccessorsinteresLLendershatlnotberequiredtocOmmenr,eproceedingS t�• ''�^�`-���
<br /> •.-.'���iMii7��
<br /> ,4.:��;;'; � �� t���� against such successor cr refuse to extend 6me far�avme�orothenvis8 modiiy arnottiaatian ot tfia suma secured by this -:�;�__
<br /> �, !. � D�sd of Trust 6y reason og arrydemand made Dy the caiginal8orrower and Borrawe�s successors in(nisrest � '; �.� S�
<br /> . . , . 1 1.F o r b e a r a acs b y L a rt d n H o!s W a t v�r.M y f c r C e a r a nee G y L en der in exer c ls ing arry rig h t or sem e d y herean d er,a r "� --
<br /> , • '' • . othemise aftorded by appticabie taw,shall not tse a Yvaiver of or precl�de the exereise oi arry suctf�ight or remeQ9:�Th9 °==�'�
<br /> � procurementolirtsurartceotthepaymentoNaxesQraiherliensorchargesbyLertdersfiall�otbeawaiverofLendersdghtto ��`�:-`-�� _
<br /> � ` acceleratethe maturity of tlte indebteclness sacured�y mis Oeed of trust -
<br /> . . 12.Remedias Cumalatfve Aif�emedies provided rn this Deed of Trust are��s'scet artd pimulative to arry a'�fier rigM ar �' ' '
<br /> • � _ � remedyunderthis0eedotTrusioraRortiedbylawore�.:ity.andmaybeexercisedc��urenriy,iride�tendenUyat+�cccessivety. ��.:��""=�
<br /> , , _ � 13.�uaessaasandAsatgRS�cc�d�taedSava�aluabf6ty;Ca�ana.mec�.Enartlsart�a er�srt�co�ined �`�;�
<br /> . ` . ' .shailbirtdac:tltherf hbAereunder:.�r.�i�rureto.theres ectiveseccessor5andas5e safu�dBOrrawer.st�tt;edtto �"-v��''"�
<br /> 9 F 5n �..,,�;_.'=_
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<br /> . ... ... �, . .. � theprov'rs;:.�wofparaclraDbt7�eneaf.�'fo�venantsartdagreemenLSmfBorrowershati0efo�ntan��everaLTheca��nsarttt.;; '.� - .-- -
<br /> - --• ------� fieadings�ii°+T��aragr�Y.spfthis0eedoftrustareforcomeniertceantyandarer.otto�beu�sJ�interpr�lazdefinettt�.� `c.. "`•=�'�%F:
<br /> ..Y � PfOVisiO�°tic.'�f. � �f.f;..� �;� ,.
<br /> �`i � 10.h�.£rcc-�e��::p�oticerequiredunder�iicablelawtobeg�vencrr�_-�ecmanngr.(a)anynatic�i?��onowar r'r�r ���_
<br /> rc�5� f •, r� roviaesi:�:�c���:sEtc-�P�ssustshallbe ivenb ma:ti�rsuchnoticeb certifiestc�*::]Iaddressadto6orrowerai:ttaPro ,�. , '��5.�.
<br /> s?� P ' -'� 9 Y � Y P�l _ ` �� �a• _
<br /> ; • .. ••!:'.� `�:t AQds�ss o?ct�:hc����ress as Borrower may C�:grtate by notice to Len�t��provided h8rein,and(b)8nynoUceta � •,;,.. a--
<br /> � °;:_;:�. .. � `; , lert�ecsl�.sr�ve+ets+P��edmail.retumreceiptre��ested.toLender'saddrassstatadhereirt¢stosuchotheraddrelssas ' �� - - �
<br /> f "'�-�:.�srn��2S�..�,s.,=L*yn�cBtoBOrcOwerasproti::2dherein.Anynoticeprav'.t_,���rinthis€Is�'cfTnt�tJ�tiJ{"redeeme0 �}�,�
<br /> �'i � `;';'f t..:.hZ.^,ie��:f msr.lr1 C�.ir.:ve�or Lender wherr gr�-tr�the manner designa�d�i��n. �v�r .�.
<br /> �i� � ;.,s;�� � *ta.t 'ir��ztcr.?rr�.Trustorar.�t*r�yw�:r�questthatacopyotanyrt�c�eotdeta:�'.i?�csc7r.�csf�Lemadeor ��� . : -�_
<br /> .. }�r;1,:'' � : : w .t,� Cr1Y'� "=r'�..
<br /> :;�,,,,..,, . ;;;,;.. •exeCUtedt�r..�Trustee�::rsuartto,:.,.�,cc�:sio�ssk-.2:eotbesenttotheTrustolaadBeneficis.^y�fhairresyectivemailing , - -
<br /> .�stj; addressessetlortAatiove." -
<br /> ��r si 15.Untform Oeed of Trua�Gav�g Law:�everablUty.The form of deed ot trust combines uniform covenants tm �'� , � .
<br /> • • national use and non-unitarm covenants with limited vanations by jurisdiction to constitute a unitorm secunty tnstrument
<br /> . covenng real propeRy.This Oeed otTrust shali be gvvemed by the law of the jurisd�ction in which the Property is located.In . A'` �
<br /> � . the event that eny prov�sion or clause ot this Oeed of Trust or the Note conilicts with appticable law,suCh confliCtshall not • :�, • �
<br /> � � aNectotherpravis�onso}1hisDeedofTrustortheNOtewhichcanbegiveneffectw�thoutlheconfiictingprovisions.endtothis � ' �: .
<br /> ' • " . . end 1he provisions of tha Oeed of Trusf and the Note are dectared to be severabte. � � 1 •
<br /> . � � - 18.BortoMtar's¢opy.Borrower shall he tumished a csnformed copy at the Note and o1 this Deed of Trust at the Grrte of � ��' �
<br /> �r N
<br /> exe�ution Or etter�eCOrdatton hereot. • �
<br /> ' Y.%• "
<br /> , . . tt T�tnaler ot tns Praperty;Auumptton.tf an or any part ot the propertyar an interesttherein is sold or hansterred by � ._ ;�;� .
<br />. ' ' BorrowerwithoutLender'spriorwrittenconsent,excluding(a)tnecreationotelienorencumbra�eesubordinatetothisDeed
<br /> • � - otTrust(b)Mecreahonofapu►chas8moneysecunryinterestforhousehotdappUances,(c)atrensterbydevisedescentorby " : ,,�"
<br /> � operettonoftawupontAedeathofajointtenantor(d)thegrantofanyteaseholdinterestalthreeyearsorlessnotcontainirtgan . �
<br /> . � opttontopurchase.Lertdermay,atlender'sopiion,declareallthesumssecuredbythisDeedofTrusttobeimmediatetydue � •••
<br /> � • �• . and payabte.Lender shell hava wawed such option to accelerate if,prior to the sate or hansfer,l.ender and the petson to ` �; .�e>'=�•�`"�
<br /> _ � • whom the Properry is to be sofd or hansterred reach agreement in writing that the credit o1 sach person is 9atistaCtory t0 ` ' •:�`--
<br /> ••f .i�� r,..
<br /> • • Lenderandthatthelnterestpayableonthesumssecuredbythis0eedolTruslshallbeatsuchrateasLendershallrequssLli .,�.�., -
<br /> �, . , LenderhaswaivedtheopGontoacceterateprovidedinthisparagraphl7.andit6orroweissuccessorininteresthasexecuted ' � �"�� (�. --
<br /> . -� a w�itten assumptionagreementaccepted in writing by Lender.Lender shall retease Bonowertromall obligationsunder this � ., • ,�;,
<br /> � ' Deed of Trust and the Hote. ••� �
<br /> � � If Lender exercises such cption to acceterate,Lender shall mail Borrower not�ce ot aCCeteration m accordance with �%��� � ' ;'��`��'..!'
<br /> • paragraphl4here0LSucAnoticeshallprovideaperiodofnotlessthan30daystromthedatethertoticeismailedwithinwhich ; . .'. ��:�,
<br /> u '_ " , � ' Borrower may pay the Sums declared due.If Borrower fails to pay sc:C�sums prior to the explration of suCh p8riod.Lender � • .?,�•�.. '�'� -
<br />, , . � may,without turther notice or demand on Borrower,invoke any remeaies pems,��d by paragraph 18 hereol. j:,.. � � �{� +!'•:
<br /> - f�::�,,'
<br /> �� a ' . '�_.• NON-UHIFOAM C0�.11ANTS.Bormwer and I.ea���r tur4har eovenaM and agree es toltowa: � '' `i.� . ':�•�.-;�..
<br /> . • , 10.Adeelsration:RemWia�.�xceDt as Drovlder3:n paragraph 17 hereot,upon Borrower's breach of any couenent or ` ' �� '�'.,�
<br /> . � agreementofBononrerinthisOoedolTrustinctudingthecovenantstopaywhendueanysumssecuredbythisDeedofTrust . •"��
<br /> A= ; lenderprlortoaCCeterat(onshallmailrtotrcetoBorrawerasprovidedinparagrephl4hereofspecifying:�t)thebreach:(2)the � .�;,�:
<br /> = aCtionrequlredtocuresuchb�each;(3tadate.notlesathan30daysfromthedatethenoficeismaUedtoBorrower.bywhich � � >, �..*�
<br /> , • � � ' suchbreachmustbec�red:and(4)thatfaituretocuresuchbreachonorbetorethedatespecifiedinthenoticemayresultin ;yt!
<br /> , . ' . •acceteratiarrofthesum�=_ac+uredbythis0aedofTrustandsateotthsProperty.TtfenoticeshallfurtherinTOrm�orrowerofthe ' �' '. �;
<br /> - right to reinstate afteraccC-�2ration and the right to bring a court action to assert the non-eaistenCeot a default or eny other � `'�: , �
<br />. defenseof8orroweitoac�eferahonandsale.Hthebreachisnotcuredoaorbetarethedatespecifledinthenotice,lenderat � �' j'!
<br /> : .�:, : � « Lender's option may declare all of the sums secured by thls Deed o1 Trust to be immediatety due and payaDte without turther . . � � �'
<br /> demand and may mvoke the power of sate and any otAer remedies permitted by appticabte law.Lender ahatl be enU4ed to '����'`
<br /> �,� . ' . coltectaltreasonabtocostsandexpensesincur�edinpursuingtheremediesprovidedintheparagraphl8,including.butnot . , :;,:.;
<br /> . . � � .. . limited to,reasonabte attorney's tees. �
<br />` �� . � . . If the power ot sate is invoked.Trostee shan record a notice otdafaul!1n each wunty i�whlcAthe Rroperry or some pan � � '�:'
<br /> _ • therootistocatedandshallmeilCOpiasofsuchnoticeinthemannerpreSCribeAbyapplicablelewto8or�owerandtotheoiher { �"
<br /> .. • . . •. pernons prescribe0 by applicabte law.Afte►the lapse of such time as may be reqwred by applicablo lav�.Trusteo shalt give - • �
<br /> � � � pubtic notice o!sale to the persons and in the manner prescnbed by appl�cabte faw.Trustee.without demand on Borrower, � �! ,�t
<br /> - . . .. sfia11se11thePropertyatpublicauctrontolhehighestbidderatthetimeandplaceandunderthetermsdesignatedinthenoUCe � � '� `�
<br /> -� : ;, . 01 sate in one or moreparcels and in such order as Trustee may determme.T�ustee may post�one sete of all or any parcel of • ',~ �,
<br /> _ , the Property by pu�tic announcement et the time and place of any previously scheduted sale.Lendor or Lender's designee
<br /> , ' ' may purchoso the Proaerty at any sate. �;••. � � ;�:
<br />_ � �� �' ;. Upanreceiptofpaymen4olthopricebid.TrusteeshalldelivertothepurchaserTrustee'sd8edconveyinglheProperty sotd. �
<br /> • , TherecitalsintheYrustes'sdeedshallbeprimafacieevidenceofthetrutholmestatemontsmadetherein;Trusteeshalfapply ! ' �
<br /> ' � � theproceEdaofthesateinthetallowingorder.(a)toallreasonebtecostsartdexpensegolthosate.lncluding,butnotllmitedto. � � �
<br /> .- ' � ' : .. Trustee'sleesofnotmorethan 46o}thegrosssateprice.reasonableattomey'steesandcostsolUtteevidenee: ` � �` � �
<br /> �� . , (b)to all sums secured by this Oeed at Trust and(c)the excess,it any,to the parson 9r persons tegatiy enti�ed thersto. �: �� ,• '.��:4'' �'� •'
<br /> . 19. @�troterft's 8t�t to Reln�iate.Notwithstanding Lender's aeceteraUon of the sums securea by ths�Or�d of T�ust �- � '•��•'����'!
<br /> � � Borrov�ersha11havetherigh1tohaveanypraceedingsbegunbyLendertoentorcetha0eedo}Trustdiscot�,:nuR�atanytime �`���� .' -����'�. .. � ,
<br /> riortotheeartiertooccurol � tAe(ifthda beforethesateofthePro e '''r•:'�.
<br /> 'i��;� '. � • o!Truct(ii)entry o4 e ju�gme t enforcing this Deed ot trust it(e)Borrower pays Lende pall sums which outd det�hendue .�
<br /> � � � � • � � under this Qeed of Trust,the Note and notes securing Future Advances,d any,had no acceteraRion oCCUred:(b)Bortw�e� • ����
<br /> , � . •.;: :. � � curesatl�reaches otany other covenants or agreements of Borrawer confained in thts Deed of Trust(C)Bonower paysall �. ' ,• .
<br /> --- reQSUtiabf�az�eriSesirc�urrad�byEertdErBrNYruStB�etifdfCmgtt18CW8�lanL98RdSgf88m@rtiSOtgOROW@fCOfliSiflEOiflt11i9 �.. _. - _- ---�1—
<br /> , '� � ' DeedofTr��.:r.dinattfrvcinglender'sandTrusteo'sremediesasprovidedinparagraphl8horeol.Incfuding.bu�notAmited �
<br /> • � to.reasorfa4[��me�f�iees-and(d)BorroviertakessuchactionasLendermayreasonabtyrequlretoassurethatthelieno} � : ' ir``
<br /> " ; . , this�eed of Tru�L�andads interest�n the Propertyr and 8onower's obligaUOn to paythe sums secured by thi9 Oe80 of Trust I� � �
<br /> ,, � shaticontnueu�im�airEd.UponsucApaymentandcureby8orrower.this0eedotTrustandtheobligationssecuredhereby i ;
<br /> � . , shall remain iR f i�l�orce end eHect as it no acCeleration had oceurred. E � ` •
<br /> r� .'. . . _
<br /> � � � ,
<br /> . ,
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