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<br /> - _ . ��,,.. '"�,,.,,. � .4vi. i� • ' ' - - ' . � : � d ' - • , ` •��F __
<br /> ;�! .{ s.` . ' , . ' . . . � � ��" . ,. - � c � ' •c -..
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<br /> = ' , � . . 9. Condemnat�on The procee0s ot any award or ctaim tor damages.d+rect or cons�puentiat.in conrtection wit1�any � . ,- -
<br /> - • _ , condemnationcrothertakingoflheProperty.orpartthereat.orforconveyancemlieuotcondemnation,areherebyassigns0 h -
<br /> -- � � , (� ' artd shaN be paid to lenasr. � , .
<br /> � . . tn tAe event of a total ffikirtg of tAe Properry.the proceeds shall be apptied ta the sums sactued by this Osed e}TrusL writh �� --
<br />- ' the eucess,if any,paid to Bprrower.ln the event of a paroal taking ot the Property,untess Borrower artd Lender otltemise ' `��
<br /> - ;, ' . agreeinwnting,t�eres9�a11beappiiedtolhesumssecuredb}rtnisQeedofTrustSucAproportionoftheprooeeQsssisequalto '
<br /> . `. , . ` thatpropoetion�.vt�ichtheamountotthasumssecuredbyt�is0eedofT►ustimmediafetypriortott�edateof�ingbearstolhe � � . � � II�,.
<br /> _ , tair madcet vatue of the oroperty immediatety prtorta tha date oi taking,with tfie batance ot ttie prott�eds pat�to Borcower. . • � " ' =__
<br /> � IftheProperiyisabandonedDyBorrower.orif.aft�rnQLCeGyLendertoBonowerthatthecondsmnorafferstomakeen • .�'
<br /> � . awardorsatUeactaimtordamages,8artowerlsifstorespondrolenderwilhin30daysafterthedatesuchnoticeismailed. � 1 �
<br /> �� • lender rs ausharizedto coltect antl apptythe procee�s,at Lender's apAOn,eitherto restoration or repairat4he Properry orto . `,�
<br /> r• , � _
<br /> _ °.Y -: - me sums secured by mis oeed os Trost.. °, '
<br /> . UntessLert�erandHoROwerothe►wiseagreeinwriting,anysucAapplicationofproceadstoprincipalshaltnotpxtendor ,. '�,"
<br /> postpane the dUe date ot the monthly instaliments reterted to in paragraphs 1 artd 2 hereof or change ihe smount of such `
<br /> - . , � instaltrt�ents. � . . , � °--'
<br /> • ,� 10.Borroa�erKotReteaseA.Extensionatthe6mebrpaymentormodiftca6onofamoRizatianofthesumssECUr6dbythis ':' . •, ' -
<br /> _ .... . •. . . Qeed o}Trust granted bylender to any successor in inter�st ot Borrower shall not operate to reieas�in any mannet.the � —
<br /> . . . IiabitiryoftheoriginalBorrowerandBo�ower'csuccessarsinterestLe�dershallnotDesequiredtocommenceproceadings �, � ' � -
<br /> � against such saccessor or retuse to extend time for payment or otherwise madify amortization of tha sums secured by this . �.".;_-:��
<br /> , • • Oeed ot T�ust by reason af any demanc!ma�e by the eriginat Borrawer and Borrowe�s successors in intersst ' . � �� "�"
<br /> :. �. ..;--
<br /> . . tt.Fotbaaranq bY t,ertda►Hot a Watr�:Any tarbearance by Lender in euercising arry right ar remedy hereunder,or , . ` �..;.
<br /> ' �� ath¢nnrise aHorded by appticabte taw,shatl rtot he a waiver of or preciuti�the exercis2 of amr 9ucA t�gM or remedY Tha � �� ` ��:,a�s,,,
<br /> � FrocurementotinsurancsofthepaymentoftaxesorotherliensorchargeshyLendershalrtot6eawaiveroflend�'secgMLa �;a��'�z��
<br /> , , acceterate the maturiry ot the indebtedness secured by th:s Deed of Tnui � • � . ��� ;�;,_
<br />- ' , 1Z.Remedies Cumutattve A11 remedies provided in this Oeed of Trust are distinc!ar.d cumu�ative to any ot�errl�fat or -;
<br /> � , _ remedyunderthisDeedofTrustoraflordedbytaworequity,artdmaybeexercisedconcurrenUy.independentlyorsuccessively. . �• ��"'�
<br />_ , 13.Sue�essora�ndAaJ�esBamQ;Jate�4mdSererafLtabA�y;Cap�SS.Thecovenantsandagre�rr,an�herelncar�ined .:..-�--_
<br /> , . . shallbin0.andMerigt�tshereundershallin�rnl�LRerBSpectivesucces��rsa�dessigasofLenderart�Qorrower,subj'ctta � _�����-
<br /> theprovisionsofparagraphl7hereof.Aticoverrar�4sandagreementsofBe�zowershallbsjofntandse�cal.Theeaptionsand � �'��:.1?=r
<br /> • he3dings of the paragraphs of this Qeed of Trust are tor cae�venience onty at�ti are rtot to be nsed to interpret or defrne the -`'=��_----
<br /> .._
<br /> �� , ' , provisions hereol_ • . �.. - - __ _
<br /> ...,_ . . . `_�y-.:;�,�.��:
<br /> • � , 14.KoUee.EzcepttoranynoticerequiredunQerapplicabletawtobegiveninanoth!�-+ranner.(a anyaoticetoBnROwer _--__-_
<br /> , � providedtorinthisQeedofTrustshallbegivenEymailingsuchnoticebyca_r*ifiedmailaddrassedto�orrowaratthePropertyl =- -
<br /> Address oratsucA oMer address as Borrow�r may designate by no6cetYsLBnder as provided hereire,and(b)atry noticA W • � ;��
<br /> � lendershallbsgivenby certifiedmail,retumreceiptrequested.toLender'��zldresssffitedhereinartosuchoMeraQdressas =
<br /> . � � Lendermayd�ignatebynoticetoBorrowerasprovidedherein.Anynaticeprovidedforinthls0eadotTrustshallbedeemed • -
<br /> • � .�*- � to have been given to Bortower or Lender when given in the manner designated hetein: -
<br /> . . � •14.1 "RequestforNouce.TrustorandbeneficiaryrequestthatacopYOtanynoticeofdelaultand�oticeotsalecaadeor ��� �;��
<br /> • .. • ,. executedbytheTrusteepursuanttotAepravisionshereofbesenttotheTrusforandBeneficiaryattheb�especfir�m.ailing ':� ' ,�°;�y;-
<br /> .' , addressessettortha6ove." • � . . .:+:.:,..
<br /> � 15. UnNonn Oeed o1 Trua�Govem[ng�;Seve�abMly.The torm of deed of t►ust combines unifrsrm covenants for � `;�n�;:
<br /> national use and rton•unitortn cwenanb�tUt•�.imited vaaaUOns by�unsd+ction to co�nstitute a unifa:�c7c secuMy instRtment >.'����r,;;
<br /> � • covering resl property.This Deed of Trustsnai�be govemed by the law aftlr�jurisdiction in which the Property istocated ln ,'� �s�7,,:'a:�-=
<br /> t • �� the event that any provision or ctause of this Deed ot Trust or the Note cc�iats with ap�:tscable law.such confllct sTtisll not ' �' �•`'��
<br /> , aKeclotherprovisionsofthisDec-x#ofTrustortheNotevihichcan6egivanef�ectwithout2�r2contlicUngprovistons,andtathis w� `"',',��
<br /> . , end the provisions ot the Ueed d?Trust and tt�e Note are daclared to be severabte. ' .;_; ',•r:'
<br /> . ,�•:,,
<br /> -� 16. Borrowtr's Copy.Borrower shaU be t�-rnished a conformed cop��r`the Note and of thls Oeed ot Trust atthe Gmeot � `;�;=
<br /> "?:_� _� . � _ , execupon or atter recordation hereot. •• •
<br /> '� • �. 17.Trarttter ot tho P�ope�ty;Assump4on.If at!or any part af the prt;n,.r�y or an interest therein is sofd or iransteRed by �• ,` �..
<br /> � Borrowerwithoutlender'spnorwnttenconsenf,exctuding(a)thecreatianofalienorencumbrancesubordin�tetothis0ee0 •���:��q�
<br /> �. ; . . ofTrust(b)thecrea6onofapurchasemoneysecurityinterestforhouseholdapptiances.(c)atransferbyQevisedesceMOrby �
<br /> - • operationotlawuponthedeathota�ointtenantor(d)thegrantofanyteasehotdinterestotthreeyearsortessnotcontainingen � "�_.
<br /> � opt�on to purchase,Lender may,at Lender s opt�on,declareall the sums secured bythis Qeed of T►ustto 6eisnmediatetydue _'=-•-
<br /> . . � and payable.leader shall have waived such opfion to acceterate rf,priar to the sate or transTer,Lender ane the person to �;�.
<br /> • . whom the Praperly is to be sotd or transferr�C reach agreement m wntT�that the credit ot such person is sSUsfBCtory to �� '.. �� �
<br /> • . Lenderandthattheinterestpayabteonthes-.���securedbythis0eeda9l"c:..�;shallbeatsuchrateasLendershallrequestlf '.f j� � ?�
<br /> Lenderhaswaivedtheoptionto2sceteratepraadedinthisparagraphl7,�c?�:lgonower'ssuccessorininteresthasexeculed �___ _
<br /> - � ;r,d,;�;�• ;, ` aw�ittenassumptionagreemecta,ceptedinwntmgbylen�r.Lendershatlrelease6�rrowerhomallobllgaUonaurtdeithis v"
<br /> �.;:;,� Oeed of Trust and Me Note. ;f•.;<<�� �i���
<br /> ,•,�•!�:^ v
<br /> . . ; ' tt Lertder exeicises such e�es�^to acce:erate,lender snatl mai�L'arr4wer not�ce of acceteraUon in accordance witp �• ��. „
<br /> .�:,�::�_._-
<br /> paragraphl4he��Suchno:.c�a�a:tarcv:�ssaenodofnottessthanwUd�sysNomthedatethenotiCeiemaitedwithinwhich t •�"•'.k.�,��
<br /> ,. . • Borrower may p�y ti�e sums dectared Cue.tf�orrower fails to pay such air.�s prlar to the expir8tion of suCh penad.Lender •. ���`4
<br /> .. • may.without fur.her notice or Cemand on 8crrower,invoke any remedies permitted by paragreph 18 h+areot. ,.�t r.-:
<br /> - � , z � NOi�!-UHIFOiiM COVENANi5.BoROwer and Lender turthet covenant and agree as tottows: � � `�k �� ��:
<br /> • , 18. Aecelentton;Remedie�.£xcept as provided in paragraiph 17 hereot,upon Borrower's breach of any covenant or • . . �-
<br /> • � � agreemenfof9oROwerinthis0eedotTrustar.c!udingthecrn�c-mantstopaywhendueanysum§securedbythisOeedotTrusL �
<br /> .,:,��. ' � • lenderp»ortoaccetaratianshallmailno�ce��Gorrowerasprovidedin�ragraph140sereofspecityin�{t�thebreech;(2�the •�,.�
<br /> _ action�eqWred to cure such breach:�3)a Car�rot fess than 30 days ircm�he date the notice is maited t��orrawer,by which ..�����
<br />_ � ,, suchbreachmustbecure�;and(4)thatfai;;;re2ocuresuchbreachonC�U+E`.orethedatespecdiedintt��r.obcemayresultin � ' ,•y�
<br /> � • . •acceTerattorrof�hesumssecuredbylhisDeedotTrustandsaleottheProperry.Ti�enoticeshatlturtherintoiinBorrowerofthe .,�';.�. . ' •
<br /> • nght to reinstate after acceler�cn and the rigMto bring a court action to assert the non-existenCe�o!a detault or any other ,;�;�%;�;;�• ��•�� •
<br /> defenseofBorrowertoaccele G�anandsate.Itthebreach�snotcuredonorbetorethedatespecltiedin4henotice.Lenderat ���-•�� � .
<br /> � . LendePs option may dectare a;i of the sums secured by th�s Oeed ot Trustto b9 immediately due and payable withoutturther �"�'` ' ' � r
<br /> . demand and may mvoke tAe power ot sale a�9 any other remedies perrnitted by applicable taw.Lend�r shall be entitled to � • •
<br /> � , collectallreasor�tecostsandexpensesincurredinpursuingtheremedi�sprov�dedintheparagraphl8.including.butnof
<br /> . iimited to.�easartah�'e attomey's tees. � � •
<br /> - ,� � It the power o4sa�e is invoked.Trustee shatl record a notice ot default in each county in which tha Properry or s4me paR
<br /> • . thereolislecated�ndsh811ma�IcopfesolsuChnoticeinthemannerprescnb8dbyeppticablelawto8orrowerandtotttaoiher �
<br /> � person9 preSCriCed by appticable law.After the lapse ol such time as may be reqwred by appllcable taw.T�ustee shall give �;'`
<br /> � public notice af sale to the persons and in tl�e manner prescribed by applicabte law.Trustee,without demand on Borrower. � •- . •
<br /> � ' . shallsellthePropertyatpublicauctioniothehighestbidderatthetimeandplaceandunderthetermsdesignatedinthenatice �
<br /> _ • • . ol sate in one or more parcels and in such orderas T�ustee may determine.Trustee may pOStpone sate of atl or any parcel 01 � : � •
<br /> ; tfie Property by pubtFC announcement at the timeand place of any prevloustyschedu(ed sate.Lender or Lender's designee �
<br /> �- � � may purchese tRe Property at any sate. • .
<br /> _ UponreceiptolpaymentofthepnceDid.Trus2eeshalldetivertothepurchaserTrustea'sdeedCOnvByingfheProperiysold t � '
<br /> � Ths�gs�tatsintheTrustes'sdeedshallbepnmafacieevidenCeofthehutholthestatementsmadethatei�►.Trusteeshaflappty � � .
<br /> . • theproce8d9olthesateinthafollowmgorder.(a)toatlreasonabtecostsandeapense9ofthesale.including,butnotNmitedto, j, . �
<br /> . TruStee'sfe@sofnotmorethan �olthegrosssatopnc�.reasonabteettorney'�teesandcostsoltitteevidence; , i
<br /> -- , Ib)to al!sums sscured by th�s Oeed of TrusC an0 tc)the excess.d any,to tAe person or persans tegaity entiUed thereto. t • � �
<br /> . ;,t • 19. Borrower's RIyAt to RNnsUte.Notw�tAstanding tende►'s acceterat�on ot the sums secured by thta Oeed o1 Trust i � � •
<br /> . 8onowershallhavetherighttohaveanyproceedirtgsbegunbyLendertoentorcetheDCed0lTruslQiscontinuedatanyUme � �
<br /> . •� . , � prio�tolheead�e�tooccurott�)1h�t�ttbdaytrato�ethesateotcheProparrypursuanttothepowerolsateeontainedinMeQeed � � ��
<br /> - of Trust p)entry of a judgment entorc�ng this Deed ot Trust�r(a)Borrower pay9 Lender all sums whicb woutd be then due � �
<br /> • � • undet this Oeed ot T�ust the Note and notes sncunng future Advances.�f eny,had no acceteration occured:(b)Borrovier �
<br /> - � cures alf br�achBs of any other covenants o�egreaments of Borrower contamed in this Qead o1 Trust(c)Bar►ower pays all � .
<br /> . � � �easonabteexpensesirseurreday4enderandT�usteeentorcmgthecovenantsandagre9montsofBoROwercontAlneOinthis " � •
<br /> . --
<br /> - �- --.-_ De�QolTruslendlaentoscssiglesss°isassdTsss:i;.�'�rc�3i��asprovKieGinpa�ag+6tir�f8i�ereui.��i�-iuding.6uMottimited `-.: _-_•,= .- `.:.�
<br /> . . to.reasonabteattorney'sfees:antl(d)Bor�owortake9suchacUOnasLertdermeyreasAna0lyrequiretoassurethatthelienol �
<br /> . � , this OeeO o1 Trust LenQer s�nteresl in ths Properry and Bono�roer's obtigaUOn to pay the sums seaured 6y this Oeed of Trust � �� � -
<br /> . • . shallcontmueunimpairad.Uponsuc„paymentandcurobyBorrower,this0eedot7rustandtheobligationssecuredhereby
<br /> shall rema�n m fu�l torco artd ettect as�f no accaterat�on had occur�ed. ; ' �
<br /> : ;��: � _ � .
<br />
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