.i _• . . _ . . , .. . .�.. . . ,i `AS�y�k?'��-i'fife- --
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<br /> �'�` • • 9. Car�emrt��'itt��rc�'�E ds of any�award or claim tar damage`s.d,rect or can��e�`�'in���3h°�i,�'�fi�eny ` ` � ���,�-�
<br /> ti .•�, . • cgndemnatianor�lti�rtakirt�nflttePioparry.orpartmerea�arfercanveyar��inliQUOtcondemneLton,BrsPtet�hye���eA ` �~ - __
<br /> �^:` �,.' and setail 64 paid to I.enQer.. , �j�� _
<br /> � tn tha e•,rent at 0 iaat takirtg ot tha F�aperty.the prote�QS sha11 be aAPiie�tO the sums SeCUte!!B}I t�f���d OiT�i15C 1r�it� ' _
<br /> ��.. -ths e�cess,it any.�ta�d to Borrower.ln.the event Qi a partiat taking ot 4he Propetty.un2ess BaI[oMtBC en9 LCnd@P otheiW�@ - � "�I r_'..-- -
<br /> �" ` �'� . agreainv�riUng,therashatl�aeDAlis9tothseurttssacureAbythis0eedotTrustsuchpcogattieno!lReprOCeed�(�ayaqttalW N � i =
<br /> +� � � . that{�roportionrxhicritheamountalthesum�secured6ythtsDsedotTruslimm�dlate{ypriatlotht�dateoltaF[1ng�aratoGte � '�q �_
<br /> , , �`��4 fair market_value of the Oro�e�imm�d�atefy priorto the daie o!ffiking,with tP�e Daiance O}the prot:�ed9Qai�t0 Bu�rowe.►.� / ` �.°` �•,�.
<br /> '„ • tithePropartyesabartdone by@arrower,orrtafternotieebylcndsrto8orrouverthattltscan6enrterr�ifer�tomeScean , . •�' �= =-- ,--
<br /> � • . `. awardorsett2eaGaimtordamages.�an�+,verfaiistorespondtoLenQertvithin30daysaftsrtheda26&uchnc8c9i�1n8lled. `�. �' . ;.`M1��;;,�;
<br /> � ' ��?�< : Lenderisau94�osizedtocolteetandaAArytheproeeeds.atle�dersophon.eiths�torastO�eIIOnor�siralth9PragertyoiW ` ., . . : 4,'�
<br /> �` �„�:.-+ ' the sums s2cured by ihis Deed ot Trust �
<br /> f-��` � tlnt�s�ler►dertvidHorror�ero�erwissagreeinwriting.an�suetrapplicationafpracsectsta�ri�ctpa#stiail�ai��or . � � - �
<br /> ` pos�one the due date of the monthly instaitments referred to+n peragraphs t and 2 hereot ar ehange ttie amouttt o?Sttch : � �'�
<br /> :�o,�.�. . , � ' instaltments� ..
<br /> � " :.�`� �� 10. BoROwe:NodReSeased.Extensionofthe6metorpaymentorrt:adificationofemoRizationofthesumsSeCUredbythis � •. �
<br /> �. ' Qeed`of Trust granied�y LQnder to any successor�n interest of Borrovres shall not operate to rele8s�in srry mannet the,
<br /> - • `� . � Iiabifityoftheorigirsai8onowerand8orrower'ssuceessorsinterasLlendershailnotCsrequiredtocammenCeprCCeedings. .. � �
<br /> . � .�: �— . . . agains�sueA successor or retuse tn extendtima tor payment tlr o9ferw�se madisy amartl�iton at ttta suma s�Oy sn�s :.r � - - ;
<br /> ` � Deed ot Tnist by reasnn of any desnand made by the original Bonawer and Borrowefs su�essars in�int�srest � .. 5 .,-.
<br /> . ,, 11.Forh�earanos Gy Lendsr Nat s WaE�u Any tarb2arance by Lender in euereisir��an}►rfght or rerrtedy hereunder,or , ' ��� �
<br /> . otdiervriss allocd¢d by appticable iaw,shali no!be a waiver of or predude lrie exercise Af any sucA rfgM ar remedy.The � ' �`' '��:'.Y�"�`
<br /> procurementoiinsuranceofthapaymeniofhaxesorothertiensorc4�argesbyLendershallnotbeawatverofLenQet'adghtto - � ,• i�'
<br /> � � .," accelerate the maturity of the indebtedness aecured by this Oeed of Trust . � _
<br /> _ _— 72 Remedles CumntslIae AO remedies provided in this Oeed of Trust are distinct and cumulativa to any other rfgbt or • �';�.,- 'r�- D �
<br /> remedyunderthisOeedofTrustorafiard�dtiy►Iaworequiry.andmaybeenereisedconcurrenity.indepenQBnttyorsacc�ssivety. �• - �
<br /> �-� ��. � 13�&u�e�sowandAalgrrsSount�JWrrtondSwsralLial�ly;Caations.Thecovenarttsandagr�eementshereinconffiined • � .,=
<br /> shallbi�d.andtAsrightshereunde�shallinureto.tharespectivesuccessorsancfassignsofLenderendBqrrpwer.8ubjectto � �.;
<br /> thepravisionsotparagrapbl7her�otAllcovertantsandagreementsofBarrowershalibejointandseverat.Thecaptiansand • •� .,�,'��',�.�.—
<br /> ���� ���-�4�`'r--� -'( headjrsgs ot the para�ghs af thrs f3esd o!Trust are for conve�ience anty and are noi to 6o used to irsl�pre!or define t4sa �_---..- - _ ---
<br /> :� :�;�.- �• : . Provisiqns hereof.:• • , : ' , .`'�,�—
<br /> ,., 10.Kotie�ExcepltoranynoticerequireQ�r.derappiicabielawtobegiveninanothermanner.(a)arrynoticetoBor�awer � � , -��
<br /> ' , ' provi�edforinthisOeedof7rustsAallbegi+rahi�ymailingsuchnaUCebycertiFedmailaddressedtoBorroweratthePropasty , ,•r
<br /> , ' Adct�ss or at such other aQdress as 8onower rnay desrgnate by rtotice to lertder as provided herein,and(b)arty aatice to ` '
<br /> � ;., � tertdershallbsgivenbycertifiedma�i.retumcer.c:ipt�eq��ested.toLende�saddressstatedhereinortosuc[�otheraEdressas �' � [. � ' .,t��n��
<br /> ' Lertdermaydesignatebynoticeto8orroweras�ravidedherein.AnynodceprondedforinthispeedotTrostshalibedeemed • . p�^
<br /> - -:. .. -- -- to have been given tQ Borrovsrer m Lender wAe.s�given in the mantter designaied hstein. r=-:_ ,`-��... .;
<br /> ; . ,�'t4.9 "Requestforl�totic�.Trustorandben�»�iaryrequestthatacopyotanynoticeofdetaultandnoticeofsatemadaor . •� � �; . ,
<br /> - � .. � • ex�vied dy the T�ustee pursuantto Me provisions hereot be sent to the Trustorand Beneficiary atthsi►respective maUing •.i- •:•�, .
<br /> . . ' • � � adctr�sses set torth above" ..
<br /> • � � �15.UniYorm�eed a1 Trua�Govaming Law:SeverabiQty.The¢orm oi Qeed ot trust combines unifarm covenants for �' '
<br /> � nahanal use and non-urtitorm covenants w�th timited variations by�urisdiction to constitute a unitorm secunt�►instrument ,� , ;;
<br /> �. ' • ' covering real property.This Oeed of Trust shatt�e govemed by the:aw of the jurisdiction in whiCh the Property is toca¢ed.in . t_;=.
<br /> the event thal8ny proviston or clause of this Deed of Trust or the Note conHicts with applicable taw.such coniiict shall not , ' �'� �
<br /> . , � afteetotherpravisionaottAisDeedolTrustortheNotewhichcanbegiveneNectwithouttheconflictingprovisions.andtathis , � ���yr��:�'" � �� �
<br /> . � end�provisions of the�eed of Trust and the Note are declared to Ee severable. � .. :,j!��;,.;� �
<br /> - . C6�,.srow�r's Copy.Borrower shall he tumished a eontarmed copy of the Note and of L'+�.s Deed of Trust at the�31 ;'�=?':h��:�,..'
<br /> • • exs���:►or aA.er recordation hereot. . � ��'F'.. r
<br /> . 4P.Tea.nste3c,^Uh�Property;Aaaumpttan.Ifa�ioranypartfltthepropertyeraninterestthereiniss�'�ortransterredpy , }�•ry`": �
<br /> :.�. , Borrov�etwithoutlender'spriorwrittenconseR��xcludirtg(a{�hBCtsatt�YOt$lt�►S�orgStqumbr8ncesubordmatetbthisDeed , � ,
<br /> �� . . alTrust(b)tt�ecreationotapurchasemoneys�snryinteresttord(py� ances.(o)atransferbydeviseQesce�torby , . . t ,�,
<br /> ' op���nnoflawupenthedeatbofajoinftenantar(d)thegrantalgnqlestSE�o� i„ ,�estofthre.yearsortessnotconffiiningan �;`�, " ��-��
<br /> �� � ` • a�Cierr:opurchase.Lendermay,atLer.Qer'soption.dectareetltAeat+mssecuredbytriisQeEela7TrusttobeimmediatQSy4�ae .. '�,,y��};�;;�:`;
<br /> *��f6 � � � : a:W�qable.lender shall have vvw-.rd such option to acceterate if.prior to the sale or trar�sr,Lender and the persan ca � : ;ry;;�;.
<br /> - whcm the Properry is to be sotd Q7 r�:stis"2�e�reach agresment in writing that the credit 01 such person is sa6sfactory to �,��_�
<br /> .'., �. � lenderandthatthelnterestpayabf2Gnttts�u.r:�securedbythisDeedolTrustshallbeatsuchrateaslen�c�shallrequesLtt ' . .. ' • �=-
<br /> . � . �. LehderhaswaivedtheopUOntoacce:arate�:oti���edinthisparagraphl7.and�t�onower'ssuccessorinint�wihasexecuted � " � " . �`�'
<br /> � � aw�ittenassumptianagreementacceptedinvmbngbylender,Lendershal►cd�aseBorrowerhomaltobtigatiansundertAis �:' . '� � � � �. ,�(��.
<br /> .. - . Deed of Ynrst and the Note. . : : .-.K
<br /> - t!tender exereises such o�:�n to acceterate,Lender shall mail BorroNer nofiCe of acceleretion in aCeordanaj�s".� (�. ,'. ." • • -
<br /> � ; : �¢-,; pa►ag�epbl4hereoLSuchnotic�shallprovideaper�odofnollessthan30day5tromthedatethenoGceismaitedwifhin�r�2r�h � �' .• ,��
<br /> • � BoROwer may pay the sums d�ciared due.It Borrower ta�ts to pay sucA sur�s9rior to the expi�ation of such per�od,Lender � .�">•-
<br /> ,�,_..J'.:';.y7j::
<br /> • ' may,without furtt-cc^otice or demand on Bonacver,invoke any�emedies penr�tted by paragrapt►18 hereof. , , r�
<br /> � . NON•UN(FO�E�i G�VENANTS.8onower a:x�Lender tuMer covanant a»�agree as fottowa . . -
<br /> � • _ 18.Aceelerat�o�t;aemediee.Except as provided in paragraph 17 hereof,upon Bo�rCwePs breach o1 any coveeart or • .
<br /> � .. , agreementolBonowerinthisQet�ofYros�includirtgthecovenantstopaywhendueBnysL�9seCUredbythis0eedofIfc�;s1, • ` �� _
<br /> �. LendelprtortoaCCeleration sA2!4:�ail noticeto Borroweras provided in paragrapb 14 het�5pecitying:(1)the breach:��che .
<br /> � . aCtiOnrequitedtOCUresuchbredCh;(3►edate.notfesslhan30daysfromlhedatethertoticei9ma�tedtqEw�rower,bywnich .. . •
<br /> ° ' suChbreachmust�ecured:and(4)thattailuretocuresuchbreaehonorbeforethedatespec�fisdinthee�:e:emayresuNin � � �
<br /> ' • . ' • •acCetaraWrroltCasumssecuredbyth�sQeedofTrustandsateo}iheProperry.Tf►anoticeshallturtherinlc::n8orroweroltAe � . . '
<br /> � . . • right tb reinstate after acceteration and the right to bring a couA action to esseR the non-e�cistenCe of a detaalt or any other • • �
<br /> - � def�nsaofBorrowertoacceterationandsate.11thebrea�h�snotcuredonorbetorethedatespecifiedintheno8ce.lenderal
<br /> �.' . Le.^r�ls opron may dectare all o!the sums secered by this Oeed ot Trustto be immediate�r due and payabte without Cu�tt�er • . • �
<br /> .• � de:^�3nd and may invoke the power of sate and any other remedtes permitted by appficabie law.Lender shall be en�wzd to
<br /> : •r colteCtellreasOnablecosbandexpensesincur�edinpursuingtheremedt�sprovidedintheparagraphl8,includi�g,butnot .
<br /> . iimited to,reasonat�'a attomey's tees. .
<br /> . . I1 the power of salo is invoked.T►ustee shaU�ecord a notice of default in edCb counry in whiCt�the PQOperry o►some patl
<br /> � � � the►eotistocatede�dshallmeilcopiesolsuchnoticemthemannerpresCnbe4Dyappllcablelawto6onm�aerandtotheother . � r
<br /> ;. .' ' persons prescrlbed by apptteav!e law.After the lapse ot such time as may be required by�plicabfe law.Trustee shall give { �
<br />_-_ �t�° .: ` puhtic notice ot sale to the pCr�.,tns and in the manner prescribed by appticabte Iaw.T�us2:v.withoutQemand on BorrCwer, f '
<br /> � '��'`' ,� shatlselltheProperiyatpuE:i&aucUOntothehigheslbidQeretthetimeandptaCeendunder�etermsdesignatedinthee�atice t ' � . .
<br /> ,�. ••, of sale in oneor moreparcets and in such order as Trusteo may determine.Trustee may postpone sate a7E;1 or any parcel of { • , _
<br /> � the Proparry by public anrtauncement at the time and ptace of any previouslys^heduled sato.Lender or I.�nder's de§ignee � .
<br /> . � mey purchase the 6�cnperty at any sale. �. .. .
<br /> � � • . UponrecQipte4Gaymentaftheprioebid.TrusteoshaltdetivertothepurchaserTrustee'sdeedconveylnpthePropertysotd. f
<br /> �; ' TherecifatsintheTrusteesdeedshatl6epnmafacieevidenceolthebutholthestatementsmadetherein.Trustesshatlapply � .
<br /> ' thepraceedsofthesaleinthefollowingorder.�a)toallrensonabtecostsandexpansesofthesale.inclu��ng,butnotlimiiedto, E . -
<br /> .� � ..' • . - Trustea'stee9ofnotmore4han 46olthegrosssateprice.reasonableattomey'eteesandcoatsoltltleevidenee: ` � . �
<br /> � • (b)to all sums sscured by th�s beed of Trust and(c)the excess.d any,to the person or persons IagNty entitle0 thereto.
<br /> . , • 19.Bomawer's Rlpht fa Re:nstate Notwithstending Lender's acceleration o!the sums sacured by U�is Osad of Trust ; � •
<br /> . Borrowarshatlhavatherighttohav�anyproceedingsbegunbyLendertoenforcetheQeedofT�ustdisconUnuedatanytime ; '
<br /> � � priortotheeadiertpaccurot(i)thetifthdaybelorethesateoltheProperrypursuanttothopowerofsatecontainedinlheQeed j �
<br /> . of Tru9t(o)entry of a judgmeM entorcing t�is�eed o1 Trost it(a)Borrower pays lender atl sums whict�woutd b�tf�en due ; '
<br /> � , ' undEr this Oeed ot Trus�the Note and notos securmg Future Advances,d any,had no acceleraUon oceured:(b)Borrov�er : ' .
<br /> . cures ell breaches of any athe►covenants ar egreemonts of Botrotiver contained in this 088d o!Trust(c)6otrower paya otl
<br /> reasombleexpensesincurredbyLenderondTrusta9enforcingthecwenanbendagreamenbofBOrtawercontainedinthis ;
<br /> � � OsedotTruslandinenforcingLentlersandTrustae'sremeQiesasprovidedinparagrapht8hereot,including,butnotlimited ; '
<br /> .. �- -_ °. _ � io.r�onahtse�rney'sl�es:en���9Q::o+�ertak��ar.�:..^tc�t;.r�ayr�;oss�blyse�ukctarM:usoi2x:lt3ssl�;nol. • �
<br /> :.-�___�_.._�:�.-_ :
<br /> � �.� . this Oeed ot Trus�Lendar's interest m the Property and Borrowe�'s obliga�on to pay the sums s6cured by this 08ed of trust + �
<br /> . , , shaltwntmueunimpalred.UponsuChpaymer,tandcurobyBorrower.thisOesdofTrustandtheoLligatiOnsSeCUredttereby , k � • '
<br /> .
<br /> �..•• .; • shatt remain in tull torca end oNect as if no aceeleration had occurred. �, . ,
<br /> ,
<br /> _ , ,
<br /> . ,• ,
<br /> # � _ , . . _ '�- _
<br />
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