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<br /> �J.Gor.uc;annSt�c;: �iiu ta��ir:�cr �n�nny n�•�nrci ur cimrn �ar etuujngca,dirncl nr c�snrv;i�u�:nUril,h� cumi;ctieui r�lf�o Any _ °
<br /> � - condemnetion or other tnkfnfl ol lha WroRorty,or pnrl thc�re�l,or lor canvoya�ica+n lic�u of concle!nir�allon,nre P�erebyee�l�ned °?::U;:^�` --
<br /> and shall be pmd to;.onder. . ' '� -�
<br /> �y��- .e.i� � In Ihesvent of n total 9aking o1 tho Properry,tho procneas shpll be opnlled lo tha suma snGUred bythle Elaad of True1,with ' ��'`�-�•�-
<br /> y��'`�`'„`� , IhB Q1(CB49, it any,poid to Borrowsr.In the eve�t of a pe►tl�l takin�ot the ProperN,unlea�8orrawer end I.ender otherwlse �'�� �`�=�-:
<br /> _,, ,,.;, ,.����. a4reeinwriUng,thares!�allboapplindtothesumeeecuredbythls0eadotYrustsuoP�proportlonolUieprocead�esl��qv�lto �.����:;;��,�_._._=-.—
<br /> - .�.;+v•.- thatpraportionwhfchtheemountofthe�wnesscuredDythlsDeedo!'frustlmmedlat6lypdortothad�tBOftaklnqbNrttoth� � -
<br /> '`��'` ` lair markot velue of the nroperty Immediatety prior to thp dete of taklrsg,w�th the bulanca af the pruse�ads pald to[iorrower. �• •-'�""",f"'" _-
<br /> ��' � t4 Ihe Prope��yr is a�endoneci by borrawer,or d,afier notcce by Lctn�ler to Borrower i�iat lha cor�dsr�:�or ufi.ro ta make sn �n "•r ti ;�•�
<br /> �.', i" ' award ar serile e clalm for demage�,8orrower fafls to rospand to Lena�r withln 30 daye alter the deta such notice Is mafl�d. �,�;;�,�, �=� —W`
<br /> ��r_�:' - Lender�s authorized to collect and appty the proceeds.et Lender's o tion,stther ta restorntlon or ropeir ot the Pro at to �. ��'`••`�"A'=+'"
<br /> , ��. A PertY , ,�;°.,,��
<br />'i`N��r >� the sumy securad by Ihis poed af TPi�a1. � •� •: ': • -
<br /> :_s+ni�fo�i p Unless Londer an�l t�orrowor oth�Piv�sE agr�e in writing,any such applfcetion of proceeds eo�r;nclpal shall not extend or '� f,. �;��r�+;;��.,;,,
<br /> :� �:�q :. postpana thfl duB eh�1�04 9��a�m��th7y i�s1�11monte refened to in p�ragrapn8l and 2 heroaf ar chanar Lhe emeunt ot such -
<br />.:.,�h�� J`° , mstallmems. • ""
<br />- . . . ,; ° 10, Borrowe►P�a9PAciaaaed.Extena�onoithoiimvlorpaymentormodfFlcntiono7amortizatianofth�ssumssecuredbythfs � .;�-
<br /> � Deed of Trust granies�by len�ter to any succ��sor�n interest of 8orrower sii�li n�l operota to r61e�s�,irr a_ny manne�,ths ' ,
<br /> ;•�.�. , ;�" liabilityaftheoriginal�f3c�r►owerend8ottower'ssecaF�sorainterest.Lenderehallnotborequiradtocornmenceproceedtnga ;; ;,.., ��
<br /> ; ;� � apainst such successar or reluse to extend tfine tor pAyment or otherwise mocitfy amortization of the suma secured by lhis •�
<br /> Doed of Trust by reason of any damand made by the orig�nal Borrower�nd Barrower's succossors in Interaet � ' � � ,
<br /> °• '�f . • 11. �orM�nna�by L�nd��Na�a Wa6v�►.Any forbearance by Lender in exerciafnp any right or remedy hereunder,or ' �� `��••;, �
<br /> .: .- � ` i• .'^'„; +
<br /> � ,' ' '• olhenvise efiorded by appliceble law.�hall not be a weiver ot or preolude tha exarcise ot any sucb rfght or remedy.The ' '. 1 � '
<br /> A_;r,,;�,,, � .� :'ti procurementolineuranceotthepaymentaltaxasorotherlien�orchargesbyLendetshailnotboew81v8rofLender'srightta �.�.,.•.•T_ W
<br /> ��=� •• � eccelerate the maturiry of the irtdebtednesa secured by thla Deed of Trust � r,�w•;._�,_
<br /> �_ . j� 12, �I�m�dtw Camt+l�tiv�All remedies provided in this peed of Trust ere distinct and cumulative to any otfiar right or . ��:?�:�.�,-�T
<br /> • ? remo�e,nderthisDeedolTrustoreHordedbyleworequity,andmaybeexercfsedconcurrentfy,iodependentlyorsuccessiv�ly. �«�i�-,:,,.��'�
<br />'-{. " 13, SuccnwnsndAsNpnsBouad;JointandSw�ralUablMty;Captbns.Th4covenantaandagreementshereincontained �. :�
<br />:;:SA;;;,, �' shalt6ind,andtheNghtshereundershellinureto,therespeCtivesuccessorsar�dassignsofLendorend8orrower,sub(ectto '"` ' �
<br /> .- ' th�provisions ot parag raph 17 hereof.All r.nvenAntR and agreementq ot Berrowe►shall be�oint end severnl.Tha ceptions end ��r�� y ti
<br /> ..�_,�. �• _1 haa�finns nf tNe oaranranfis of thiA Deed of Trust ere for convenience onlv and are not to be used to inferaret or de}Ine fhe i-.'.�i�—=��•�� ,:+:`.
<br />;;;';;:-=����-•�^` pr�vfaionshereot ��,.._,_.___..�.c==-_ti'-
<br /> � � 14, NoUc�.Exceptforenynoticerequiredunderapplicablela►vtobegiveninanothermanner.(alQnynoticeto8orr4wer :�� ., �
<br /> •�; ,.f.�r
<br /> .. .�,. provided for in this Oeed of Trust shalt�e given by mailing such notiCr�by c�rtiffed mafl addressed to 6a►rawer etthe Praperly
<br /> . � :-.: r;; rr:;,� .
<br /> Address or at ouch other addres�a��ariower may designate by notice to Lender aR provider)h�ereln,and(b)any notice to „ � ;j�. . ,, -
<br /> �•#� lendershall be givan by ceRified m�i0,ratum receipt rc�quested,ta Lender's addreas stated hereir+arto auch other address as .` �t,�`r,�
<br /> �� Lender may designate by notice to 8arrower as pravided herein.Any notice provided for in thie Oeed of Trust shail be dsemed rn��!
<br /> ' to have been iven to 8orrowe�or l.�nder when iven in tho manner de9f npted lierein. '"" � �,;
<br /> :_ ,
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<br />` ' • �14,t "Request for Notice.Tru3tor and beneticiary request that a copy ot Any notice of defauit and noGce of sale made or • �t�
<br /> ......
<br /> .:
<br /> "' executed by the Trustee pu►suant to the provisions hereof bo sent to the Trustorand BenQfiCiary atlhefr respeCtive mailin9 ': . .��;;r�r' �:.i:
<br /> � .__,�.f
<br /> addr�.°��^»;:tarlh aYsav�.." � ,.: _�_ .
<br /> �:; 75. Q1nM.4rm Deed ot T►wh. Governino Law;Ssvenbflity.The farm of deed of trust Gombirtes unitorm covenants for � , � i;
<br /> �' ,�� `.;' , national use and nqn-unitorm covenants with limitod venations by�urisdtction to constitute a uniform security Instrument �� •q,.;
<br /> . coveru�g real proporry.This Deed ot Trust shnll be governed by the law of the�vris��ction in which the Propeny is located.In ;,,�:� •
<br /> . the event Ihatany provision or claus�of this Deed et Trust or the Note confiicts vr�tn appliceble lew,such conflict shall nat i,
<br /> • . aliectother provisions of this Deed of Trust or the Note which can be given etfect w�thout the conflicting provisions,and to this
<br /> end the provislons of the Deed ot Trust and the Note ere declared to be severable. ��` ,-,�
<br /> � 1 E, 6onaw�'s Copy.Borrower shell be lurnished a conformed copy ot the Note and of this Daed of Truat at the tirtte ot ,. ;y" -`'
<br /> execution or atter�ecordat�on horeof. ( ��
<br /> • 17. 1'r�n�lw ol th�PrapMy;Atsumptlon.If all or any part of the praperty or an(nterest there�n is sold or trensferred by .. •
<br /> �� Bo►rowerwithoutLender'9priorwnttenconsent.exclUding(a)theCrestionofnlionorencumbrancesubordinatetothisDeed ' ` "�
<br /> • olTrust,(b�thecreationo}apurchasemOnoysecuntyir.terestforh0useh0tdappliencos.(C►atransterbydevisedescentorby "' �
<br /> operatlonoflawuponthadeathotajointtenantor�d�thegraMo}anyleesenofdinterestotthresyearsorlessnotcontainingan ' "�,• .,,
<br /> opttonto purchbse,lender may,at Lender's opt�on,dactare all the sum3 socured by thls Deed ot Trust4o be immedietoly due � � � ..
<br /> and payable.Lender shell have weived such opt�un to accelernte�f,pnor to tho eale or trensfer.Lender and the persan to �':' ,
<br /> �_ whom the Property is to be sold or transterred reach agreement in wntfng that the credit ot such pe►son fs satistacturp to I . ....j -
<br /> , � Lnnder and tha!the interest payable on the sums secured by th�s Deed of Trust shall be at such rate es Lender shall request.II
<br /> .� . Lender has v�calved the opt�on to acr.eterate provided m this parugraph 17,and d@orrower's successor in intarest has executod �
<br /> aw�itlen uasumptton agreemen4eccepted in wnting by Lender,Lender shall releeso Borrower from ell obligations under this
<br /> ' :� Oeed of Trust end the Note. �
<br /> �_y� •, If lender exe�cises such opt�on to eccelerate,Lender shnll med Borrower notice of accele�8ti0n in aCCOrdanCe with _
<br /> � paragraph 14 hereot.Such not�ce shall prov�de e penod of not less then 30days from tho dete the not�ce is meiled wlthin which • �
<br /> �,:� Borrower may pay the sums declared due.lf Borrower fails to pay such sums pnor to the expuation o!such penod,Lend�r I . .
<br /> `�' rnay,without lurther notice or demand on Borrower,invoke any rernedies perm�fled by paragreph 18 hereot. 1�. ' .
<br /> _.'.� . , ::? NOt�i•UNtFO�iM COYENANTS.Bartow�r and Lend�r fuAhN covenant and apr�as follows: •
<br /> , • �; 1e. �ec�leaHon;Rem�dl�s.Ezcepi as provided m paragraph 17 hereof,upon Borrowcs�a breach o}any covenant or �
<br /> , , agreemento48orrowe►inthisDeedofTrustincludingthecovenantstopaywhendueanysumssecuredbythisDeedafTrust,
<br /> „ Lender�rior to acce�eration shall mail notice to Borcoweras provided in paragraph 14 hereof specitymg:(1)the breach;(2)the �
<br /> act�on requi red to cure such breach;(3)a dete,not less than 30 days from the date t�e notice is mailed to 8orrower,by which i
<br /> _, y, � such breach must bo cured;and(4)that tailure tu cure such breach on or beforp the date spec�tied in the not�ce may result in
<br /> - acceleration of the sums secured by this Deed o}Trust and sale o}the Property.Tha notico 3hall lurthor intorm Borrower ot the
<br /> • • nght to�einstate after acceterat�on and the right to bring a court action to assert Ihe non-existenCe of a do4ault or any othor
<br /> _ ;� do}enso of Ciorrowerto acceleration and sale.II the breach is not cured on or betore tho dete spocitied In the notice,Lender at �
<br /> , Ler.dePs option may declare ell ot the sums secured by this Deed ot Trust ta bo immediately dus end payable without tu�ihor �
<br /> . � demand and may invoke tha powsr of sele snd any other remedies permfttad by epplfcable law. LencPer shall be entftted to �
<br />-- coHec1a11 reasart�blecosts and oxpensas incurred in purswng the remedies provided in theparagreph 18,including,but not ;
<br /> ; i�m�tQd te,reasonable attarney's tees.
<br /> • ' 11 the pov►er of sele�s invoked,Trustee shall record a notice of default in each county in whlch the Property or somo part I
<br /> , t�eQeolislocatedandsnallmedcopiesotsuchnoticeinthemsnnerprescnbedbyapplicablelawtoBorrowe�endtotheother I
<br /> � persons prescribed by appl�cs�bte law.After the tapso af such time as may be requ�red by epplicablo law,Trustee shall give
<br /> publicnotice of sate to the persons and in the manner prescnbEtd by applfcable law.Trustee,wfthout demand on Borrower,
<br /> ' � sna115a11thePropertyatpubllceuctiontothehighestbldderatthetimeandplaceendunderthetermsdesignatedinthenotice f
<br /> •„ of sate in one or more parcels and in such order as Trustee mey detQ�mme.Trustee may postpone sale of ell or a�y parcel of
<br /> . w4,,, , tho Properry by public announcement at the timo end place ot any previously scheduted sate.Lender or Lender's designeo
<br /> - Iil9v Oult:h2aL(hu Prnnurlv at anv enln .
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<br /> - , Uponrecqipto}paymontofthQpricebid.TrustecishalldolivortothepurchasorTrustoe'sdeedconvoy�nfltheProperrysold.
<br /> The�ec�tsls in tho T�ustea's daed shall be pnma tac�o evidence ot tho truth otthe statemcsnts made therein.Trustee shall epply
<br /> .��,::;��; the proce�eds of the sale fn ti�etottoNi�g order.(a)to ou reasonaD'�costsand exp.ansesof the�ale.i�cluding,but not limited to. �
<br /> Trustee'sleesofnotmdrothan 4bofthe grosssaleprice.reasonableottornoy'steesandeostsottitleevidonce:
<br /> ' , ' (C)to ell sums secured by this�eed of Tru�t and(c)the excoss,it any,to the person or porsons legally erttitled thereto.
<br />__;,-r • 19.Borrow�r's it�t�t to R�imtata.Notwithsmnding Lender's acceleraUOn of the Aums a�cured by this Deed ot Trus� �
<br />-=��'r- Borroweeshallhavec58nghttoheveanyproceedingsbetgunbyLendertoen4orcetheDesdofTr�stdlscontfnuedetenytime ,
<br /> - ' pnor to tho earlior to occur of(i)thetiith day 6etorA the saleof the Proaerty pursuant to the powerof sele conteinc�d in the Deed
<br /> ol�re�st(ii)entry ot a judgment entarcing this Deed ot Trust it(a)Borrower paye Lendor all sums whlch would be then d�e �
<br /> " {t unC�rt'�;s Deed of Trust the Note and notes secunnfl Futu�e Advances.�f any,had no acceteratlon occured:(b�Bortower
<br /> cu�es ail breaches nf any other covenants or agreements of Borrower contulned in this DE�d ot Trust(c)Borrowet pays all
<br /> ` �� "• .' reasonableexpensesincurredbyLenderendTrustoeentercmgthecovenantsandagreemcsnbof�arrowercontalnodinthis
<br /> � . DeedotTrustandinenturcfngLander'sandTrustee'aremc3dteaasprovfdedfnpgragrephl9hereot.includirtg,butnotlimitnd '
<br /> " to,reasonable attnrney's(ee3;and(d)Borrowor takes such action as Lendor may reasona6ly rE�qteiroto assure that the Uen of
<br /> thf5 Deedof Trust.Lender's interest in the P�operty and 8orrower's obllgatfon to pay thp sums seCUred by this Deed ot 7rust
<br /> shall co�tin�eummpatrnd.Upon such payment and cura by Oorrower,th�s Deed ol Tru`stand the obligations secu�ed heroby
<br /> • shull romam m lull torca and ofiQCt as d no accelerohon had occurred.
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