. . . . . , �,
<br /> -�--- �� �-•--
<br /> �*. _
<br /> . . , ,
<br /> .�."'"" .
<br /> . : . %�,
<br /> .._.._., ' w:cila-�__�.....___...__ ...... . . ._..._. ....._...._.__...--'_.-'.�-'_-''"--�._.__...-- -•'.........,_�_.�.'__.._....�r1._.a_.n..x.. ��Jw. ,.
<br /> .. + , ,,. �o c 9 rj ���.{��� - - ,���,.
<br /> sl
<br /> .�..
<br /> 9. Gondemnation. Tho proceeds ol ar�y av,arq or cio�m tor q;jmages.d�rect or consvquunba�.in connuct�on tivi�h nny ; ,�.
<br /> �.ontlemnnUOn o�other lakmg olihr�P�operty,or part thereuf,or lor convayance in I�eu otcondamnat�on.aroharabyasa+�nod � __
<br /> - and snall bn pmd lo Londor. --
<br /> . „ in tha event ol a btal tak�ng ol the Properry.tha proceods shan bo applit�d to the sums secuie4 by th�s Aeed of'Prus�wdh --
<br /> � Ino oxcess,�t any,paid to Borrowec In Ihe oveM of a partiai tak�ng af the Property.uNe�s Bor►ower nnq Lentler olherwise • =
<br />. .. agreA m wnGng,therq�hall be applied tolhe sums secured by Ih�s Qoed ol Trust such qroport�on of the proceedsaa�9equel to �� � ,�
<br /> �hat propor4�on wh�ch the ampunt a}Ihe sums secured by th�s Qeed of Trust immediately�nor to thetlateo}Aaking bears ta the , r=
<br /> I;ur markei vafue oi the oroperiy imm�d�otely prwr to the date of taN�ng,w��h the balonce of the proceetls peed to Borrower. =N
<br /> if the Prope►ry�s abandonod by Barrower.or�},after notice by Lender to Borrower that the condemnor ofter�to make dn —
<br />_ ,, award or set11�a clt►�m for damagAS.Bormwer faUs to respontl to Lender w�th�n 3Q days after the de4e euch rtoUCe i�maded. � �� �:
<br />_ • Lender�s authonzad to collect nnd apply tho procosds,a1 Lender's opt�on,orther Yo rostoration ar repe�r ot the Proporty or to � _
<br /> _ tne swns secured hy Ihis Oeed of Trust , • :.-
<br /> _ --�:.. UNess Lender nnd Borrower otherw�se agree�n wnhng,any such apphcot�on ot proceeds to prmclpal shall not extend or �_
<br /> � postpone the due date o}►he monthly mstallments reierred to�n paragraphs t and 2 herec►f�r chango the amount of suc�h . -
<br /> ° insteilmen�s. --_-
<br /> •• ' 10. Borrowe�NotflNsassd.Extensionofthetimotorpaymentormodif�cationofemortizationolthesums8acuradbythi3 ' � l�'�
<br /> , Deed of Trust granted by Lender to nny successor m mterest ol Borrower shalf n�t oparate to release.m any m2�nner,the ��� -
<br /> I�abdity ot the ongmal Borrower and Borrower's successors mterost.LendQr shall�ot be required tocommancfl proGaodings • S
<br /> agamsf such succossor or refuse to extend Ume for payment or otherv+ise modity amortizotion of the suma aaCUr�d by thi3 �
<br /> Ooed af Trust by reason of any demand made by tne onginal Borrower and�atrower's suc�easa�in interast • - ���
<br /> 11. Ferbearanc�by L�nd�►Nol a W�Irr�►.Any forbearanGe by Lendar�n exerasing any rtgt►t or remedy hereundor,or , � !l+�.
<br /> �` othenv�se aHorded by epphcable law. shn11 not be a waroer o}or precluda the exercise ot any such rlpht or remedy.The i��A�T�'�
<br /> _ „ {�ror.uremento}insuranceofthepaymentoftaxesorotherlfensorcharqosbyLendershalin�tb�awefvototLendeY�fighttp � ,,. �.'`h.�s ',.�'`�{a`"
<br /> , accQlerate the matunry ot the mdebtedness securod by this Daed ot Trust t�,, ,.���ti.:��-��M..�
<br /> 12. Rem�diea Cumutattrs All remed�es prov�ded in mis Deed of Trust are disUnGt and cumula4ive to any other right or �� =""=-
<br /> y� „ remedyundertliisDeedofTrustoratlordedbylawor�quiry.andmayboexerc�cedconcurrenUy,independentlyorsuccessively. �•�"'`�-
<br />_"� �, ., 13. Succ�ssonandAs�Iqn�Bound;Jol�tanilSsv�nlUsbfity;Captions.Yhecovenar.esancl[t�reornenCsheremconffiined �-�-,;-�,__i
<br /> shallhind,andthenghtshereunde�snallinureta.thecespechvesuccesso�sandass�gnsoPl_e�nderendBorrower,su"�S�A::tto . �'�;��.��....�_
<br /> � the prov�sions ot paragraph t�hereol.All covenants and agreements ot Borrower snall bejomtend several.Thecaptipnsnnd -
<br /> ��' headmgs of the paragraphs of th�s Deetl of Trust are for convenience only end are not to bo used to Intcrpret or deline Eh� �,�~°�
<br /> • prov�sfons hereof. '�`-�
<br /> 1�. Notkl.Exceptforanynot�cerequiredundarappUCablelawtobegivenmanothermanner.�a)enyra2i�etoEforroWer ,���.��_
<br /> providedtor�nth�slZeedofTrustshallhe rven� maiUn suchnoticeb certd�edmaiiaddressedtoBorroKaTatthePro `•� "
<br /> 9 Y 9 Y PBrtY 3�4r"r��-'
<br /> Address or at such other address as Borrower may designate fcy nohce tu LQnder es provided herein,and(b)any notice to G ��a" •
<br />' ,, lender shall be gwen by certiticsd ma�l,retum receipt requested.to Lender's addross stated herein orto such otheraddres5 es !,-l'-�--`".`-.
<br /> " �° Ler�dermaydes�gnatebynot�cetoBorrowerasprowdedherem.Anynoticeprovidedtorinth�9DeedofTrustshallbedeemed '�'°` -
<br /> "�'�!'��__.�
<br /> •• to have been gf�en to Borrower or Lereder when grven in the manner designated herein. � f
<br />" � •14.1 "Request tur Notice.Trustor and beneficiary request that a copy of any notfr.e of default and notice of sale made or '�` '�?�•
<br /> P{-ir�•�.���
<br /> '----- c�c�uicu'u ii�n i�usicc-wsuani iu ii�n'�uv�s�uns iisreoi on seni io ine±rusior and neneiicia " � '� ;�--�
<br /> —- - - Y v u ryaimeirrespecavemantng
<br /> addteSSeS set tORh a�DOVe."
<br /> - 15. Unitorm Deod of Truat;��wrning Law;Sovera6llit�. The torm of deed ot trust combines unitorm cavenants for �i r�
<br /> nat�onal use and non-umtarm co��•9nants w�th limited vanat�ons by�unsdict�on to consntute a uniform security instrumr�nt ;''�
<br /> , Covanng real property.This DeeG o!Trust shall be governetl by the law of the�unsdiction in whiCh fho Property i9loCate+d.ln
<br /> the event that any prov�sion or r,lause of this Deed of Trust or the Note contlicts with applica018 law,BuCh CoflfHCt shall not
<br /> atteCtotherproves�onsofthispeedofTrustortheNOtewhichcanbegrveneNect�vrthoutthecontlictingprov�sions.andt0thi5 ,�
<br /> ° end the pravisions of the Deed o1 Trust and the Rote are declared to be severable. ��
<br /> �;�
<br /> 18. Boaowar'�Copy.Borrower shall be turrnshG-d a contprmed coAy ol the I�pta and O�.,this Deeq o?YruSt at tho t►mo of �, '.
<br />- execution or after reCOrdation herc�ol. : ..�� ,
<br /> . 17. 7ranster ot the Prope�ty;Asiaumpllon.II all or any�art af the proporty or an int2rest ih�re�n is sold or transterrad by �•� �
<br /> � BorrowerwrthoutLender'sprrorwr.,ttervconsent.excluding(n►thecreaUOnotaGenorenCUmbrUncesubordin�tebthis0�:ed '' ' � ,
<br /> ofTrust,(b�thocreat+onrr9apurchasemoneysecunty�nterestforf�c��eholtlepplinnc�ts.(c►aNansferbydevisQdesceMOrby t�:•i. -`���
<br /> operationo}lawup�nt�odeathofajoirottenantor�d�thegrantofanyleaseholdi�teresto}throoyearsorle35notcontainingan t,;._';���
<br /> option to purcha�e,Londer may,at Lender's option,declare a11 the sums seCUred by this Dood of Trustto be�mmediatelydue
<br /> and payable.Lender shall have warved such o t�on to accelerate rt. nor to the sale or 1ranSfor,Lender and the ' d� '�
<br /> P p person to ��;�
<br /> whom lhe Property is to be sold or lrenslerred reach agreement in wnting that the credit�i such person is satisfactory to ,;;�"���
<br /> _ , „ Lendor and that the interost payabf�on the sums secu�ed by this Ueed of Trust shall be at su�h rate es Lender shalt request.N • ��� =-_�
<br /> Lendorhnswaivedtheopt�ontoacceierateprov�dedinthisparagraphl7.andd8orrower'ssuccessonn�ntere3thasexeCUted ,��, ' � _.�<
<br /> a written assumption agreementaccepted in wnt�ng by Lender.Lender shall release Borrower trorn all obligatlons underthis ' �•� �<� �-#?
<br /> " Deed of Trust and the Note. �� ` -
<br /> •t�'. �'�'.--.-
<br /> • 11 Lander exercises suCh ophon to accele►atc.Lender shall ma�l Borrower not+ce of acCeleration�n�CCOrdanCe with ,�„•w,,� �
<br /> __ � paragraph 14 horeot.Such not�ce sheu prov�de 2�penod o1 not�ess than 30 days from the datc�the notice is ma�led wimin which -���"`�-•���=1°
<br /> � - � Borrower may pay the sums declared due.If 9orrower fads to R:�y such sums pnor to the ettpuntion ot such penod,LerttlBr a ' ���,
<br /> � may,w�thout further noUCe or demand an Borrower.�nvoke any remedies porm�ttc3d by paragraph 18 hereof ��_`� �.
<br />� ' NON•UNIIFORM COVENANTS. �orrowar and Lender IuAher covenan4 and egree es lollows: ' ^�.-=��
<br /> .. -rre�-�.---
<br /> 18. Acceleratlon:Ramatfies.Except as prowded m paragraph �7 hereof.upon Borrower's bresch of any covenant or •,
<br /> ` ' ` agreementof Borrower�n tliis Deed olTrust.including the Covenants tu pay when dUeany sumsseCUred by this[7eed ot Yrust. I �
<br /> _ Lendar pnor to acceleret�an sha:l cru��Inohce to Burrower as prov�ded in pdragraph 14 hereof specifying:(1�the breach:(2)the '° •
<br /> � ., act�on reqwred to cure such bre�C�:i3)a date.not lass than 30 days from the date the notico�s ma�lecf to Borrower,by wh�ch � '
<br />_ , • such breach must be cured:and 14):hat lailure to cure such breach on or belore the date specdied in the noUCe may result in `�
<br /> �acceleratromaf fhesums securetl by this OQed ot Trustand sale ol the Properry Tffe�notice shall further�ntorm Borrower c+tthe
<br /> nght to re�nstate atter accolerat�on and the nght to bnng a court action to assert the non•px�stence of a detault or any other I
<br /> defense of Borrower to acceleration and sale.if tho breach�s not cured on or betore the date specified in the not�ce.Lender at
<br /> • Lender's option may declare all of the sums securetl by this Deed ot Trust to be�mmed�ately due ond payabte wdhout further i
<br /> demand and may�nvoke the power ol sale and any other remedies permitted by appliCeble law.Lender shall be entittecl 10
<br /> � collectallreasonablecostsandexre�ses�ncurredmpursumgmeremedfesprovidedinthopsragrnphl8.including,butnot ,
<br /> I�m�ted to.reasonable attqrnoy's fees
<br /> ,� If tho powBr of sale is invoked.Ttusiee sna�l record a nottce ol rlelault in eAClt county�n whtcn the Property or some p[irt
<br /> :b thereof�s located and shall mad cupies of such nohce m the manner prescnbed by apphcabie levi to Borro�vQr and to lhe otne:
<br /> = persons prosenbed by apphccble law Alter the lapse ot such t�me as may be requ�red by apphcablc lew.Trustee shail g�v�3 � '
<br />— , publ�c not�ce ot sale to the persons and m the manner prQSCnbed by applicablc lav�.Trustee,w�thout dem�rtd on Borrawnr.
<br /> shallsellthePropartyetpubl�cc�uct�ontotheh�ghestb�dderatthehmeandplaceandunderti�etermscfosignatedinthenohe� �
<br /> - 01 salv�n one or mora parcels antl�n su ch order&s Trustee may determine.TrustQe may posY,�onE yale o131I or any parcof of
<br /> � �we a.....e.w.�... ..u... . . . .
<br /> . . :_:.... . - -- ` ..�. ...p.,..�v�vv......o�::v.::�o uc�oi��uv i nc ni.v-'----'" '
<br /> -� ----�----- • {na�c v�a��y yilTVwuS�y jl:nCUUtCU 3tl1C.LCfIOCi Oi L@il�@f S QBStiJIIeQ '
<br /> � - may purchase the Property at any saie.
<br /> Upon receiqt ot paymentof the pnce b�d.Trusteeshall deliver to the purchaserTrustr.e's deed conveti�ing the Property sold.
<br /> ��- The recdals�n the Trustee's deed shau ba pnma faae ev�dence ot tne truth ot the 3tatements mada therem.Trustee shell apply
<br /> � the proceeds ot the sale�n tne touowmg order la�to all rensonablQ Costs and oxp�nses of the sole,inCluding,but not limited to.
<br />-` ,, Trusteo's feos ot not moro than ._ __ "�af tne gross saig pnce,reasonahle attomey's foes and costs of tiUe evidence:
<br /> - Ib)to all sums 3ecur�td t�y mis Deea of Trust.anc7(cl tne excess.d any.to the pe�rson or persons legally entdled thereto.
<br /> s� 19. 8otrow�r'�Ai hi t�Reln�tate. Nnn..�eho•���;;;� � -- • �� I��..J .. T;..�•
<br /> - G .. y.v��uc�s ewa�crauun�� �n6 bu�na secu�iv' `uj���o�.�.... �} uaa
<br /> - — � BOrrowet Sholl have tht�nght to hovenn y procetd�ngs begun by Lender to enlorco the OLed ot TrustdisCOnfinued n3 any Gme
<br /> pr��r to the earl�er to occur of{�)Iho I�tth day batoro thP snle of Ihr.Pr�p�rry purguant to tha poworof snle contained in tho Deed
<br /> � , i ol Trust(i�)ontry o1 a�udgment ontornng th�s Deatl of Trust�f la)Borrower pays Lender au sums wh�ch would be then due
<br /> � unQer this DBCd Of TruSt,thg NotC And notPS�Ar.unn'Fi.�fi�r�Ady;�nrng if�ny h�d 1p�CC�I��C!:On CCLLTed:lb)�arro::�cr
<br /> � cures ell breacf�es ot any otner covenarns or agr�oments ot Borrowar cnntained in th�s Ooed ot 1'rust Icl Borrower p�ys all
<br /> reasonablo c3xpansoS mCUrrad ty Lentlerand 7rusteci entorC�ng thc coven�nts and agr�ementsat Borrowe►Contnin8d m th�s
<br /> „ „ DeBd of Trust and m enfor�c��g Lender s and Trustee's remedius as prov�ded m paragr�ph 10 l�oraof.mcluding,but not limrted
<br /> to,reaSOnabte attorney a loes:and Idl Borrower takes such act�on as Lentler may reasonabiy ropu�ra ta assuro that thp lien ot
<br /> th�s Deetd o1 Trust.Lendor's�nterest m the Property anG Borro:ver�s obi�gat�on to pay the sums sccured by tN�s Deed of Trust
<br /> ' shall cont�nue un�m�aued UROn such�ayment and ruro Uv Bonow er.thi,Oeed o1 Trust and me obi�gahons securea nereby
<br /> : " Shilll►8rt131f1�tl fUll fa►CC attd 0ft8Ct:15 it no�ccelpr[tt�on h��oCCUrred
<br /> !i �
<br /> YS` —
<br /> � ..�. -�-------- _,r
<br />
|