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<br />_'•!,�::`_�ir w,;'�rL�;�cr c;��r,ti��;�Ih��i;�StT lu d::l:t:T3 Ci d:,�711111 i111d Itr,C�l^rate ttt�Arht ar�u:a�i hRYf}}}I I1�:5t)8!1 OI Hfiy YUCiI Cdu'ci77!C.�tIIR I�'4c�fJhdY. An'�r -- _
<br /> Bp1GURt'16��dlKhurnedhyth�S.and�rahnilcoilf�ifutQ�7+:diNGRa11��1ahradn�itnqfti,arurrower.:sr.:irc::i;�lP:::�91u'�:�1%.^�E�:�:�'�t'14�whrl;.:r.,�••.� �
<br /> frr,r�i t?�a d.ctn of dichursement at tha r�M pAyt�te undsr the Nota. Mothing cuntranet!In th:a psr�pnph 9ha11 rsqulrh thaLaaJ�r tn ro�ics anY ,
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<br /> - f!"'II l:In�111iKP.l.:fqilq Cl lII{:D GIiti1 CCU01 llll:l:.^.:I�J(fP. . _ _ _
<br /> - 9. She Lander mey m�ke o�oeu�e to b�m�dF ro�sonab!e mtria�upoa+�nd 4nepootion of t��e Fropetty.
<br /> �-� 'l. 7he proco�dt cf any awa�d or c!s!m for dnmapRO,d[rnot ar coneeqa�ntleJ.In oonmcction wftte fl.ty co»dontn�:inn o�other teking nf tho `
<br /> Rtcp�rty,ur part thereaf,or for corsvaynnce in Ileu oi condemnaNOn,Rre her�by a�s!6ned xnd sf�al3 6e p,p:�,4�,tl���.!��der to the�xtent oi the ,
<br /> -°° tull emount o}t1�a rr.rn�ln�np wtivaid inci�btednese aecurod►ay tida 7ninx Doecf.
<br /> IP tho Properry{o aUandonnd by the 8orrowe�,or,if after not:ce by the Lencia�tq tt»(�prratvor fhat th�cnnrlarr.nor offm��s tu meke on eward
<br /> or�atUa r clsim 4or damepat,the f3crrower fait�to respond to the l.esr<iai'�r����in��dr'J��h�r th�d�tc cuah notl!'e iP maited,the Lendrr _____
<br /> 1�nut�orized to coVeot nnd app(y the ptaceeds to the sums sccured pY t�Ir TP+as[I�t{or�,,,
<br /> - -� Cond�mnatlon proaeeds or a�•rarAs cha!1 bfl craditad to the last matur(r�,Inytalimante of ci�p i{�cGopierines+�aocurad and ah�l1 nnt extend or
<br /> poctpone tho dua dote of the i�3tqllmonts refe�rFd to iqpq�agr:,���1 hs:ant or cl��n�thv Rit�:u:1t of euch installmonts.
<br /> 8. If ihe 4.ender Issuos�partinl rotaas9 uf intie,'jrusl Oeed,the proaeeds rocetved therefor sh�Sl bo oredited tv tho Icist meturing insYnllmem9 ot
<br /> � ti181��1Obt8dR9Y8 tlOCUf9d h0(Cpy,, .
<br /> 43, (f thZ.11:nder eillarvofuntarjl�(,pG�nVa�un4atily becoma9 a partyto ony cuf[orlaAaf proosnuiis�rsSuy�g.a tha P:oparr;,f:ate osth�e Tr��r n•.'�..f,
<br /> �.� then the Eorrower wit!relm}�H��R,Rhe Lerxler for all coses ond,to tho extnnt permitted 6y low,reasonohln nttornoy:'fees incurred by the
<br /> �:`��r�� Lender ralatin�to such suU or ep�!proctedinge and eald sums ehaU aonstituto ndditionel indebtednes3 eecurod by tt�is Trust Deod erxf bear —
<br /> Intaroat at tha rato pnVubte undor tho Nato,untii paid. i;
<br />^_��.� 10. As addiUortol caeudiy,cho Borrower doea hore6y�saign,trnneter and eet over to the Lender,i�aase oi dalautt in the perPormarca:.f any , ---
<br /> ot tho terms or oondiUons of this Trust Doed,tho Note or tho tonna of any indehtadnoos eucurad hereby,o!I of tho reuts,rovenuea epd a�y
<br /> —.,;.� incomn of any type whattoever to be derivnd from the Propeny,inc(uding land oontract paymento. 7he L.ondar,in porson,by apon2 m by ��---
<br /> raeoiver,Hithaut rogard to tho sotvoncy or insolvoncy of tho Borrowor or the vafua of tho Pro�orty,sha�l bn entitled to teke posaession of,
<br /> -'� repalr,ront and maoape tha Proporty nnd to colleot the rents,rovonuoa and Incarrte therefrom end It may pay out o9 sald inaome ull exptnses
<br /> -,� of ropair and coets l�currod in ronting ar.d manap�np the Proporty and colleoting ronts and tor pnyment of insurance promiume with any
<br /> —�`�� ramain'.ng balanca to be opplisd to tho las2 matuting peymante of the da6t eecurad hnreby. Upon ptosanting o copy of thla Trust Qeed a�uD _
<br /> demand to uny lossoe,tonnnt or c�ntrnct purchaser of tha Proporty, such {�orson ahali pny oll ronts, payments and profitc �ccrued or
<br /> ____;;j thareafta►nccruinp to tha Londer until fvrther noUCO irom the Londer.
<br /> -:� 11. lf all or nny part of tho Proporry ot nny intorost therain is deoded, solely by tand coM�act or o2herwise comeyed, mion�iov o: ;v�.�,m
<br /> _'�x� ont.umtorod ofthor voluntarily or involuntarily without the lender'o prior writtan oonsent, oxciuding(a}e transfet by nporatlon of low upnn �
<br /> __=-.;.�, ihe death of a�oint tonant or(b)tho granY of any!easohold interost not containlnp nn option to purchase with u lusss term of two years�r
<br />___�.�v� loss,or Ic)tha creation of tho purchaso money security interost In household opp�iances,thon tho Lend,er muy,at its option,doclare afl aums __
<br /> � securod by thls Tru�t Doad to be Immodiatoiy dua and payabte.
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<br /> �Z, ��poo tha 8orrower'a breach of eny cov�nant or agraomant ot the Borrower in thie Ttust Decd,Inciuding tho covenante to pay when due ony ��:;_.
<br />--:�,:�%� sum�so�urod by thfs Trust Dacd,tho Londor,ot Ite option,may doclara aii of tho�wns^ocurod by 4h!s Trust Deed to be immedia*.ely due g�:�;
<br /> ,ir,,�..� und payabie withaut turther demanQ and may invoko the povror of eale andlor any other romediea parmltted by opplioable law fncludinp tlio ��
<br /> ����� tlghi to forocloae this Truat Doed on tho manno�providod by law for tho foredosuro of mort�ngos en reul o3tato. Tha Lendor sha(I be ontitled �_-_
<br /> to colleot all roaeonnblo costo ond oxponsos incurtod in pursuing euah romadios inc�udinp, but not limited to,end to tho oxtont pormitted by �q
<br /> ``"""''"�� low, roasonable attornoys'foos, "'
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<br /> _„__. � If tho power of snlo ia(nvokod,tho trustno shnll rocord o notico oF dofoult In oanh oouniy In whlch the Wropatty o�some part tharout 1e locetad `�
<br /> _.�d : , uncl prnvlde notico theroof In thn manner presoribad by appliceblo low. After the lapso of cuch tlme o�may bo roquirod by appllco6le law, �.^_
<br />-_;:;t;-:4-�_;] the Truateo shall pive pu6110 notice of eale to tfie porsons and In the mans�er prosoribad by opplica6to law. Tho Trustue,or tha attomev for ___
<br />,.���,_�� IAO TNS!UD,without domand on ihe 6orrowor,ehall aell tha Property at publio aucuon to tho highost blddot nt tho timo nnd plaao and undor _
<br /> - the torms dCSigoated in the noUce ot sale In ono or moro porcols ond In sucP�ordur ass tho Trustoo may dotormino. Tno Trustoa may postpono
<br />- salo of nll or any parcel of tho Proporry by publle annoue�comont ot tho timo and placo of any proalously scha8ulod sale. Tho Landor or tho - __
<br />_ =- Lendars dcsl�noo moy purchqse tho Property at ony aolo.
<br /> ����T'.�� Upon rocei�i of paymnnt of tho pdco bid,tho Tru�toe ohall dalivor to eho purchasor a Trustoo's Doed, wlthout warta.^.ty,aunvoying th�
<br /> _=_�ti�.:� Propony sc.'.d. Tho rucltals In tho Truetoo'F Ooad aha!1 bo prlma facfe avide�ae of tho wth of tho omtoments mado thorofn. Tho 7rustoo shall ,,
<br /> �w.-�,; apnty tha praaoeds of the sete in tha follawing ordar. la)to all reasonnbte co�t�and oxponsos oi the sa�o.incWding,6ut not Iimltod to,tho
<br />` �-`:_� 1�N`rt00'9 f003 ot not moro thnn 3600.00 plua.555 ot tho nmounY socurod horoby ond romafning unpald,and costs of titlo ovidonao;(b)to
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<br />- - all sums eocurad by thls Yrust Decd;and lal the oxces3,lt any,to tho porson ot porsons Iognlly ontitlt t aroto.
<br /> ,_��-, 13. Any forbearanco by tha Londor In oxorcising onY d9ht or romedy horoundar,or othorwise nfforded by applioablo taw,chall not bo o waivor
<br /> '^��•v�• of nr proctudo tho oxorclso of any suoh dpht or romady In tho ovont of conUnutng or futuro hroaahos by tho Liorrowor.
<br /> -.��_s:.-
<br /> _'"'4 14. All romedlas provldad In thls Tr�st Dood aro dfatinot and cumulnUvo to:.r.y othar right or romody undor 4hls Trust Daod or afforded hy iaw
<br />:;5g`��' ar onuity,and mny bs oxorcisnd concurronUy,Irtde,pondontly ar su000:oir�ly. ,
<br /> _-__.� ;..
<br />°",'.':"r 16. UpOn paymont of cll sums socurad by thlo Trust Ocod,tho Lcndor chall raquost tho trustQa to roconvoy tho P�oporty and chall surrondot thla
<br /> "`�:'�.' � 'fn��t Dccd and�II notoe ovidor.cinp indobtodness aecurod by thlc Tru�t Dood to tho Trustoo.Tha TrusMv shall roconvoy tho Property without
<br /> •=�' vrerranty to tho porcon or porsons Iopn:IY ontftlod thototo. Suoh poroon or porsons eAall pny oll co�ta ot rocordatfon,it ony.
<br /> _, �' _
<br /> °'�'`�"�" �p, The l.onCcr,cat the londer's option,m:�Y trom tima to timo romovo tho Te�stos and nppalM�sucaossor Trustoo to any Trustoo nppointod
<br />,:�,"�_`;�i � horcurtdor by an In�trumont rocordod fn�ho county fn w�foh thls Trust Dood ia rocardod. Wfthout convoyoncu of the Proporty,tho succossor
<br /> '':'��-?•• Tru�tea shall�uccoud to al{titlo.powor und duUos contortod upon tho Trustae horoln o�d by appliaablo Inw.
<br /> -_,t� .
<br /> 17, Exccpt for a�y notiac�,dcmr.n�ls,roquo�ts or othcr communlcationa roqulrod undor opplicnblo law to bo p(von in anoth�r mannor,whonovor
<br /> •�+�. thv Londor,tho 8urrovlot or tho Truotoo givoa or�orvo3 nny notino (ino{uding, withot�i limitation, notlao of dofault and noUco of oalol, I1'
<br /> :'s``x" dcmendy,raRuast.s or othor oommunicntlon with rocnoot to thla 7rust Oc�d,o7Ch such notico,demnnd,roquost or othor commun�co:ion shall
<br /> � ns ia u:It;n��rl s1�:J.!bo affaclivo only if tho�amo is doliverad by porsont,l snrvica or mailod by cortifled ma�l,pastago propaid,rotum receipt � �
<br /> �L�J� .:.J
<br /> � � raquascod,cddrossod to tho cddro���ot torth at tho boginning oT tm��ruoc uead.ia copy oi m�y Roi��o�::+a�a:+�:,�.►.-,:.:�a...o...a,:-w�.--
<br /> �• . or pormitted to bo giv'an horauador,chsll�o mailod to coch porson�rho is uparty horoto at tho addross aot forth at tlio boginning of thi�Trust �
<br /> Doed. Any party rnny at ony timo chanpu(t�addross for cuah nutico�by dolivoring or moilinp to tho otlior pardo3 tltoroto,ns ntorosaid,a �
<br /> - notieo of such chunyu. Any notico haroundar aheli bo deomod to hovo boan pivon to tho Borrowor or iho Lo�idcr, who�flivon in tho mannor (�
<br /> docipn�tcd hormn.
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<br /> - ' 10. Tho covonnntu ond aflrnomonts hoesin contalntd ohnll bind, ond tho ri�hty horoundor ohol) inuro to tho recpuctfvo holrs, porconat
<br /> � • rcprescntativoa,�uccossarc and aa�ir�n�nt tho partius. AI1 covonanta and opror.monts of tho Borrovror cNall bo joint ond sovornl. Whonovor
<br /> .. rcfaronco Is mado to tho sln�ular hotaundor,It shcll includo tho plurol nnd thu pfurnl ehn11 Inctudo tho cingular. �
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