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<br /> � � ' y • �. • � � • � ' � , . � � �f '
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<br /> . z v__ , . � .' _ - ' � - � . � -- _' _______ --_
<br /> - '�t`' � . �. < , � . . �_"_-�_�
<br /> � unlesa due ta reckleee or willfu3. �misconduct, and ehall� not be �__T_�,
<br /> s � ` :r ��. recyuired to take any actioa in connection �ri�h tkie enforceme.3tit of . � _--.
<br /> ;;��;� " thia Beed of Trust uzilese indemnigied, i.s�. writi.ng,•�or all� co�ts, , _
<br /> • ' aompeassatioa or expenses whiah may be asr�ociated therewith. , Y3� • � _ -
<br /> •� ' ` addition, Truatee may beaoais a purchaser at any sale ef the Prap-. ��__�.�
<br /> ,:�. , ` � « ' � � � erty ,fjudicial or under the power of sa].e graat�d he�einj ; gost- __
<br /> � � ' "' � pone the sale ox all or any portion of the Proper�y, as provided _ -___
<br /> 1.._..�_<_".._�•_ .. .
<br /> . ... � f . �b y Iavr; oY eell the Property as � who].e, or in separate pa�cel� ��_
<br /> . ��.�' �� . or lots at Trustee's dieczetien. . ` -
<br /> ... .;..., �. �. . . .
<br /> • . 14. EQ"�' an �'`+Sp..ensea. In the event Trustee eel].s the •
<br /> , ` s= � ' � � . ' Property by e�cercise of power of eale, Truetee �Izall be ,�ntitied
<br /> ` to apply any �ale proceeda firet. to payinent of a�l coats and
<br /> . • � . expensea of exercising power. of sale, iacluding a11 'I'nsptee's ,_
<br /> .,_.� _. ,
<br />- � fees, and Lender's and Trustee's attorne�'s feeg actual,Iy in- �
<br /> � `� �.F : curred to the extent permi.tted by applicab2e law. �In�the e�sent
<br /> � � y Borrower or Truator exercises any r�ght Prodided by law to cure
<br /> � �� ' an Event of Default, Leader shall be entitled to zecaver frema � � , -
<br /> � �±`.� •' , • �• � �ustor all cq�r a�d expenses actually incurred as a reeult oE .
<br /> • ��r��• � f� '` : �;;'�i'�ustar�s def „ �, including, without lf.cnitation, al�l� Trustee•s:` �, : . .
<br /> � . . � �d atto���`s: fees, to the exten�t pez�taf.tted by applicable law.���",: . .
<br /> . ,�.:...�.. ''��- . . . . � . , . ,,
<br />- . - � -.-- �---.�..,- � . 15. . F�'�.�'�e..A�aacea. Upan�request of Barrawer, �,t�der.maY. ';;;��,.�;.
<br /> � � at its option,.zr,ake additional and future advaaces and a`eadva.aces
<br /> ' � ' � to Borrower. S�tch..advances and readvances, wiC�.`intere�t
<br /> � ' � thereon,._shall be secured by this Deed of TrusC: At m�:�:tiine � •
<br /> � - ehall t€�.�:principal amount of the .indebteclaess aecure�:I�� th3.s � .
<br /> � ' ; ,. Deed of Truat, not including auma advanced ta protect the aecu-
<br /> �� � - �,:�� �` �.�ty of this Dee� of Truat, exc�ed the original..�rincipal amount : .
<br /> � : . � • �'�ated herein, 4� $300,000.00� .�uhichever ie ��►ter. , .�
<br /> . 's6. NJi�el 1 aneoLS P�ovisi ona. � � ....
<br /> �" ; �a} n��-��.,�*- Not Re�eas_e±.�.� ^nxtenaion of the•. time for �
<br /> � � �� , �ayment or modificatiox� of amortiz�.��an of the eums secured ]o�y .
<br /> � this Deed of Truat graat�-by Lender�ta any succesaor fa intezest
<br /> � , ` � � of Borrawer ehall not operate to releas�, in any manaer, the
<br /> �� ' . liability of the o�iginal Borrower and �orrower'e euacesa�rs in _
<br /> • � � interest. Lender shall not be requirec� to commence proceedings
<br /> � � against �uch successor or refuse to extend t3.me for payment or �
<br /> � � � - �- - - - �� otherwise modify amortizatioa af the sums secured by this Deed of
<br /> � � � Truat �� reason of any demaada made by the original Harsnwer and !�-
<br /> ::-«.. . . . .
<br />:`.,.,�: � • Borrowe��s succesaors in interest. ,
<br /> „ � �b� T.A�aP.-�s powers. Without affec��.ng the liability . _
<br /> � ' .. � � � �sf any,other pereon liable for the payment of any obligation� �-
<br /> �,�� • '� r;.�ein mentioned, and without affecting the lien or charge of �-��_-
<br /> � � � � � �nis II��d of Trust upon any portion of the Property not then or�: ; �^,
<br />-'-� �. � 4hereto£ore released ae a securit for the full amount of all "�•�'
<br /> _� , 1� ,"�.
<br /> � -:npaid obligations, Lender may, from time to time and without
<br /> � �.otice, li) release any person ao liable; (ii2 extend the matu-
<br /> �: . rity or alter any of the terms of any such ob3agationa;
<br /> � � � (iii) ar�ant other indulgencea, (iv) reL�ase or reconvey, or cauae :;.
<br /> �: t • , � ,..,,. � to be released or reconveyed at any time at Lender's option any .
<br /> • ���:=:�• • . parcel, portion or all of the Property; (v) tak� or release any �.�,�..:
<br />' �� ` • � other or additional eecurity for any obligation herein mentioned; �
<br /> • .��:�. .
<br />- . . or (vi? make compoaitiona or other arrangements wf.th debtors in
<br /> -�°� . " relation thereto.
<br />'' � ' ' F'erbearance bv L.�aLdc� t�o - a Wa ver. Any £orbear-
<br />�v' � .� ance by Lender in exerciaing aray right or retrs:dy hereunder or { t�;�
<br />-•' � � o t h e r w ise afforded b y a pplicabl.e law shall not be a waiver of, or I
<br /> '. 1 � . � � . preclude the exercise of, any such right or remedy. The procure- �
<br /> � . � ment of ineurance or the payment of taxea or other liens or ; .
<br />'� { � � ' charges by Lender ahall not be a waiver of Lender's right to j
<br /> . accelerate the maturity of the indebtednees eecured by this Deed i '.
<br /> �. .r. . . of Tre�at. , ; .tR.;.
<br /> ,.� �#, . . (c11 a„r-�-peso s ^n Ass�ana 8otnd; Join ancLSe�c�x�l ' � .
<br /> � � � T.;�h:i i±v,:caqti ona. The covenante and agreemeazts herein con- �
<br /> � t'� � tained�shal7. bind, and the rights hereunder sha11 inure to, the i ,
<br /> �� ,: . � respective succeseore and assigns of Lender and Trustor. All ! �
<br /> --._
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