.-,o, � ,. , . . , '
<br /> ! . � ,, , � ' • ;;,.,�����;��,��-��.
<br /> � - • - - . � .... ` . " " . . . _i : . 7 , -�r_ � r{i.4 __ --
<br /> �r i .. ..+Yw.�..a>ww..qr.n�.�.... ..T... :r w� �y�.►!p
<br /> ,��'� �. �� `ta` 't' ^Ml t�^tt.
<br /> -:�. .,a.Li. ..,. .ut 4ins� �sF •. , ' - . .. . •.{auY�•� "�a.r`a�wr'- __
<br /> . .. � ...�, — -- _
<br /> •-..�._. �,•tW„ _ __ __ ^__ _'____„
<br />�.'.r;::3:"'FSr%.3'�"�� � '..s. ..r
<br />�..� . p�/1 �:':_
<br /> `v�"i`
<br /> , . ' � �,iB��b� '
<br /> �
<br /> j � =_-__-
<br />-- , 15. Mi�coll� 1n�ous Provia�.one. -
<br />:�� (a) Borrow�r Not Releaeed, Extor►eion oE tho tlme for _--
<br /> � payment or modli ca . on o amor��tion �g �he aum9 secured by _
<br />- �hie need of �t'rusic gr�nicec3 by Y,efide�: f:o a�� �ucccnoor in inte�e�t
<br /> � � �' of B�rrower ehall not operate to release, in any manner, the
<br /> ", liability of. the original Borrowc�r and �orrower' s successors in __
<br /> � interest. Lender ehall not be required to commenc� proce�di.ngs
<br /> againat ouch sutccesaor or refuse to ax�end tim� for payment or
<br /> „ o�.herwitse modify amortization oE the sume secured by thi.s Daed �E
<br /> Trust by reason of any demands made by the original norro�er and --- -
<br />' Borrower's succesaors in intereat.
<br /> � (b) Lender's Pawers. Without a�fec�inq the liabi].i�y __
<br /> . of any other person��le fox the payment of any obligation
<br /> herein mentioned, and without affecting the lien or charge of
<br /> � �� �.hia Deed of Trust upon any portion of the Proparty no� then or
<br /> • theretoEore released as secur.i�y for the fu11 amount of all =
<br /> � unpaid obli.gationa, Lender may, from time to time and without
<br /> no�ice (i) releas� any person ao liabYe, (ii) extend the maturity
<br /> or alter any of the terms of any such obligations, (iii) grant
<br /> , other i.ndulgences, (iv) release or reconvey, or cause to be
<br /> released or reconveyed at any t�.me, at Lender' s option, an�
<br /> parcel, portion or all of th� Proper�y, (v) take or release any
<br /> '� � other or additional security for any obligation hereininentianed,
<br /> � `� or (vi) make compositions or other arrangements with debtors i.n
<br /> relation thereto. _
<br /> � (cD Forbearance b Lender Not a Waives. Ar,y farb�ur- �
<br /> ance by LQnder n exere s ng any r qht or remedy hereunder, or —�-
<br /> otherwise afforded by applicable law, ehall not be a waiver of or
<br /> preclude the exerciae of any such riqht or r�mec�y. The procure-
<br /> ment of insurance or the payment of taxes or other li.ens or
<br /> � charges by Lender shall not be a wa3ver of Lender's ri,qh� to .,____
<br /> � accelerate the maturity Af �.he indebtedness eQCUred by this Deed
<br /> - � of Truat. �
<br />- .. . ��:
<br /> (d) Successors and Aesi ns Hound• Joint and 5everal
<br /> ' ' Liabili� Ca�t ons. The covenants and ac�reements herein con- ' A
<br />� ta ned shal�bi—nc1,and the righte hereunder shall inure to, the ; `��
<br /> �. reapec�ive successors and assigns of Lender and Borrower, subject �;L.y
<br /> to the provisions of paragraph 10(e) hereof. All covenants and ,.
<br /> agreements of Horrower stz.all be joint and several. The cap�ions �,-�
<br /> and headings of the paragraphs of this Deed of Trust are for
<br /> � convenienco only and are not tio bP used to interpret or define
<br /> •� � the provisions hereof.
<br /> (e) Reauest £or Nntices. The parties hereby request
<br /> that a copy of any notice of default hereunder and a copy of any i•k
<br /> notice of sale hereunder be mailed to each party to this Deed of I
<br /> � Trust at the address set forth above in the manner prescribed by �
<br /> ' applicable law. Except for any other notice required under �
<br />- . applicable law to be given in another manner, any notice provided I
<br /> f � for in this Deed of Trust shall be given by mailing such notzce l
<br /> • by certified mail addressed to the other parties, at the address
<br />- , '" set forth above. ' �
<br /> ' Any natice provided for in this Deed of Trust
<br /> shall be effective upon mailing in the manner designated herein.
<br /> If Hoxrower is more than one persora and/or entity, notice sent to
<br /> ' the address aet f�rth above shall be notice to all such persons
<br /> ; � and/or entxties.
<br />- _� _ __ -- __
<br /> " (f) Inspection. Lend�r may make or cause to be made
<br /> � � reasonable entries upon and inspections of the Property, provided
<br /> � , , that Lender shall give Horrocver notice prior to any such inspec-
<br /> ;} : • �ion specifyinq reasonatrle cause there�ox related to Lender's ,
<br /> � �� interest in the Property.
<br /> • � . (g) Reconveyance. Upon payrnenY: of alY sums secured by ;
<br /> this Deed af Trust, Lender shall reguest Trustee to reconvey the
<br /> � � Property and shall surrender this Deed of Trust and al]. notes
<br /> � , evidencing indebtedness secured by this Deed of Trust to Trustee.
<br /> '� ' �6- ,I
<br />
|