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<br /> �-- r� �. , :r`.•:,..ywr.rrs.;i�u�,*�.Vbt�Q�t3n !c11 IH! Trufto AT:
<br /> .. .. . . . - �" jj��lFi����° Detf,-.f In u r Fy�, �Ir�n; d r,;ahN,l�i'i� lr���a:.�,u �'`_'.�'�F-�KC. �.'�.v"�i:�iri�;��
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<br />..�. . ' � •' .�.'• • ' 'nfcrc:.t It�4:-a. � - .�� �� `
<br /> � 3. C�ndernnMian.7he procaeds o1,�ny nwa�d or clnim!�r damagos,direct ar conasriu6ntial,in connectlon with eny �-�����=_=—� `
<br /> 1=�°°-=�=� ���� � coizdamnn►ion or othdr tek�ng of the Proporry,or Rar1 thereof,or Ior convoyance in ilcu ot CundemnetfOn,areheroby e�ttqne�l �=`=�"="`°_'�:-
<br /> �'�=�"�-"""-���'� nntl ahAll bo peid to L�nder.
<br /> „:.t�`<<M�' �j�" ��` In 1hQ nvent o7�tptal tekinp of the Properry,Ihoproceeds ahail be applic�to Ihe o�ma sdcured by fhla DASd o!Truet wlHt —
<br />=_--•-'�^-��-� • Iho exce�s,d nny,paid to t3orrower.In the even4 ot a pnrtlal telcfng�t the PraperSy,unlets Borrow�r end Lender othe�wlee =-��`�"�"
<br /> :-:��� ngreelnwriting,thero�hallbeepplledto4hesumaeecuredbythlaDeedolTru�teuchproportionollh�procwdl*afs�qu�lto _
<br /> � �a. .i � thatproporttonwliichtheamountottheeumssecuredbythlaDeedolTruetionmadlatelyprlortothedateolfAfcUQbe�►stothe f � � �. -
<br /> �.� rrr.�• lalr merket vatue ot Ih�uroperry imrrcadiateiy prinr to ltie det�oi takint7,w+t�i liie�alanco cs4 i7s��j•racs;.5a p:.ld tc�raiio��cT. � �*�---
<br /> �'��� It the P�operry isabendoned by Borrawe►,or if,aRer natice by Lendar lo Borrower th�t the condemnorofPors to mak6�n '!�'�'
<br /> �-��n;�,;�_ �:
<br /> `°±s?��, award or settle e clafm lor demage�,Bonowerfails to reapond to Lender wythin 30 dsyseRarthe dats tuch notice is mail�d. R-=--=-�------=---
<br /> '';y�;p��y��� Lender�s authorftad to colloct aiid opply the proceeds.at Lende7's optlon,et2her to reatoretlon or repair ot tl�e Qroperty Rr to E A:��a-�-�:__--
<br /> - the sams eecured by Ihis Deed ot Trust `�"°".-=.°"�'-� --
<br /> yt.'• •..-,-.:
<br /> :._�; � UnleSSl.enderandBorrou�erotherwiseagreamwtiting,enybuchapplicationo4proaeedetoprincipalehallnetextendor ,: �� _�• i�,
<br />��?E,' 1tiKvS+s�i`�� � 2"fY�`' Y�c ..
<br /> ,_.� „ postpone the du9 date ot the monthly instatlmenta reterred to fn paragraphs S and 2 hereol or change the emount ot auch � .--• r. . �
<br /> �. ,. �_ �r:. .4 L�'
<br />;=:��:..._ , installments. -�v,��j-',��,:;;h':;�`....
<br /> a°' 10.E3orrowt►NotRNeas�d.Extens�onolthe4imelorpaymentormodilicatianofamortizatlonoffhacum:,sccurcdbythia �•„�;,._,`,; ,,,..r;::.
<br /> .•�F Deed of Trust granted by Lender to any succesgor in interost o}Borrower shsll not opetate to relaase.In any manner,the �;y�ry.�:���!;a�;��
<br /> ' � . � � . � IiabiNryoftheoriginalBorrowerandBorrowsr'ssuccessorsintorestLondershall�otberequlredtocommenceproceedings . t� •
<br /> • � � agelnst such successor or refuse to extend tlme tur payment or otherwlso modiiy amonitetlon o}the suma securad Isy thla • 'ifi�'�Y•t���•�y�
<br /> -. " ' Doed of Trust by reuson o}any dem3nd made by the orlginal Borrower and flarrower's successora in intere�t � °�" '�y,y'l' ,'''�"�
<br /> . •r�l+iJ�..`n y e: �...�_.
<br /> • .�� � �-..��; •b 11.Fortr�ar�naa by��nd�r Not a WahrM.Any forbearartce by I.ender In exercisfng any rlght or reme�y hereunder,or . . .., �``"'"�"" '°
<br /> ;��' > otherv+ise ef(orded by applicabte law,shell not be e wai�er ol or precludA the exerclsa of any such rlgh3 ar romed�►.Tho •> . �' � M �
<br /> . r�7y.;_
<br /> :�i'5.:: ' c r�!,��1(y; �"•�.,:.,.' >�
<br />°_ - , ; "'�. i procurementoflnauranceofihepaymentottexesorotherllenaorchergesbyLendersl�allnotbeewafverofLender'srlghtto ,: .':, .�
<br /> _ _ �•`_� ar,celerate the maturity o1 the indebtedness securod by tfiis Deed ot Trust :s.,�c.�;�+�
<br /> 12.Rem�dla CumulaUve All remedies provided in thls Oeed of Trust are distinc4 and cumulettve to eny other►ight or � • _ ��„
<br /> -'��,,, remeJy unJur fiil5 Deed utTi�stor afio�u'ed tr�y�aw ar�urty,srtt!may tro exerci��dc�ncu►rontly,ind�nndenHy orauaceas[►cly. , .
<br /> . • �• 13.�uccaacw-s:i�Asa3�zaP.uund;Jol�lar.�8�verN!!±�kHY;Cr,�lien�.Thecovenantsandegreementsherelnconmined � :,�;.,•;�-+' -,
<br /> shallbind,andtherightshereundershallinureto,therespoctivesuccessorsand�ssignaofLenderend8orrower,su6�ectto �-
<br /> - � • theprov�sionsolparRgraphl7hereot.AllcovenentsandagreementsofBorrowershalfbeiointendseveral.ThecapUonsand . ,����,�{�,
<br /> headings ot the paragrephs of this Deed oi Trust ere for convanience onl��and are not to be used to interpret or detine the .+�f�.'�:'�''-
<br /> , proviaions hereof. ; ;',�-_
<br /> �,•;" 1�1.Notice.Exceptloranynoticerequ�redimderapplicablelawtobegiNeninanother�nanner,(a►anynoticetoBorrower ,,�*��y°--
<br /> � .; . provideQ tor in thia Oe�d of Trust shall Do given try mailing such notice by certif ied msil�ddreasQd to 8orrower etthe Propeiiy '•• �'�
<br /> Address ar at such other addresa es Borrower mny designate by notice to Lender as provided heroin,and(b)flny notice to � ��rr�
<br /> •�s�, . Iendorshall be given by certified mail,retum receipt requosted.to Lender'saddress stated herein or to auch other address as ,!
<br /> . ., Lender mey designate by notice to 8orrowar es p�ovided herein.Any notice provided for in this Deed ot Tru9t shell be deemed ':;r � ., �
<br /> • to have been given ta Borrower or Lender when given in the manner designated herein. ,�
<br /> � •1d.1 "Requsst for Notice.Trustor and boneficiary request that a copy of any notice ot default end notice of sale made or
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<br /> addresses set lorth above." �
<br /> � 15.UnMorm Deed ot Trust;(ior�mfng Law:SmYarsblllty.The torm of deed of trust combines uniform covenents for
<br /> ���',�; ' nationpl use and non-uniform covenants w�th limited va�iations by�ur�sdiction to constituto a unitorm securih�Instrument '� �•���,
<br /> " covenng real property.Thls Deed of Trust sheu be governed by tho law of the jurisd�ction in which the Properry�s loceted.In t ��'; r
<br /> the event that any provision or clause of this Deed ot Trust or the Note conflicts with epplicable lewr,such cu�911ct shell not ,�• �::;
<br /> , aHectother provisions of this Deed of Trust or the Note which can be c�iven eHectwithout the confllcting provisions,end to this �•�
<br /> end the provisions of the Deed ot Trust and the Note are doclared to be severable.
<br /> 18.Bonow�►'s Copy.Borrower shall be furnished a conformed copy o11he Note and ut this Deed ot Trust At the time ot ��"� � ,
<br /> � execution or after recordation hereof. �;��'
<br /> ' 17.Transfer o1 the Property;Assumptfon.If all or any part of the property or an f nterest therem is sold or transferred by „
<br /> • Barrower without Lender's pnor written cansent,excluding(a)the creationof a Ilen or encumbrence subordinetetothis Deed • ;,
<br /> ofTrus�(b}thecreationofapurchasemoneysecuriryinterestfothous8holdappliances.(c)alrensferbydevisedescentorby '
<br /> operationoflawuponYhedeathote�ainttenarnor(d►thegrantota.Ryls�eholdinterestaHhreeyearsorlessnotcontainingen ' �� ._
<br /> . .�� optionta purchase.Lendev may,at Lendor's opt�on,declareall the sums secured by this Deed of Trustto be immedletely due • ,a���, � � •;
<br /> . and payabla. Lender shall heve warved such option to accelerate rt,prior to the sale or transfer,Lender and the person to �� • , .�,• ,'�- _
<br /> , whom the Prope►ty is to be sold or transferred reach agreement in wnting that the credit of such person is satiefectory to ' ' ;�%'
<br /> � Lender and thetthe interes!payeble on the sums secured by this Deed of Trust ah311 be at such rate as Lender shall roquest.H �
<br /> � Lender F�as waived the opt�on to accelerate prov�ded in this paregraph 17.and if Borrower's successor in interest has executed •
<br />' ' a w�itlo►n Aasumption agreementeccepted in wr�ting by Lender,Lender shall release Barrower from all obligations underthis
<br /> , Deed o1'�rust end the Note. '
<br /> � � 1f Lender exe�cises such opt�on to accelerate.Lender shall me�l Borrower nouce of acceleration in eccordance with ! ,
<br /> � ;r'�• paregraph 14 hergof.SuCh not�ce shall prov�des penod of not Ioss than 30days from the datethe notice is meiled withfn whiCh
<br /> Borrower may pay the sums doclared due. II Bo►rowor fails to pay such sums prior to the expiration of such penod.Lender ;.
<br /> �i . may,without further notice or dAmand on Borrower,invoke any remedies permitted by paragraph 18 hereof. ��►�
<br /> . NON-UNIFORM GOVENAN45.Borrov�rer end Lende�further covenant and agree a�follows: ° .
<br /> `� , � 1t, Accel�ratton;Remedfes.Except as provided in paragraph 17 hereof,upon Borrower's breach of any covenant or , .
<br /> agreementof Borrowerin thfs Deed of Trust.mcluding the covenantsto pay when due any sums secured bythis Deed of Trust.
<br /> Lender prior to eccelerption shall mail notice to Borrowor as provided in paragreph 14 hereof speciflring:(t)the breach;(2)the , ,.
<br /> �� action requi�ed to cure such breach:(3)a date,not les�s than 30 daysfromthe date the notic�is meiiedto Bo�rower,by wh�ch
<br /> � . suCh breach must be cured;and(4)thnt fail ure to cure such breach on or before the dete speciffed in the notice may result in
<br /> �- accelercjtlon of thesums secured by this Deed of Trustand salo of the Properry.T��e notice shall further inform Borrowet of the
<br /> right lo relnstate after aCCeleration and the right to bring a court aclion to assert the non-existence of a detault or eny othar ` '
<br /> • defense of Borrower to accelcrration and sele.11 the breach�s not cured on or before the dete SpeCiffed in the notice.Lender at '
<br /> l.onder's oplion may declare oll of the sums secured by this Deed of Trustto be immediately due end payable without further ,
<br /> demand and may invoke the power of sale and any other remedies permitted by appliceble lew.Lender shall ba entitled to
<br /> • collect all reasonable costs and expenses incurred�n purswng the remedi�s�rowded in theparagraph 18,including,but not '
<br /> limited to,reasonable attomay's tees. .
<br /> If the powerof sale fs invoked.Trustee shall record a not�ce of detauU in each county in which the Properry or some part
<br /> ` thereot is Iocated and shall mad copies of such notice in the manner prescnbed by appliceblc�law to Borrower and to the other
<br /> � , parsons prescriaed by applicable law.After the lep�e ot such time as may be requ�red by applicable law,Trustee shall give
<br /> public notice of sale to ihe persons and in the manner prescribed by applice�le lew.Trustee.wlthout demand on Borrower,
<br /> ' � " sha11se11thoProporryatpublicauctiontothehighestbidd�ratthetimeandplacoandunderthetermsdesignatedinthenotice '
<br /> .
<br /> of sele in one or more parcels and fn such arder as Trustee may determine.Trustee may postpone sale ol all or any parcel of
<br /> _'e-:-,-_----____------ '�_n.���.�.w......a.�t..�www��wwe�d��01 N1C M,YfO OR/I/�IOPO AI GI�Y I1IDV�II��CI�C/�IIOfII�IO/I cnln 1 cnrlcr n�1 cndur'o dneinnnn ....�._ ... .
<br /> ..__-._`.__--_____. ._.-- a��a r�vro�•1 v]Mu�..v�....vv..vv...v..................�..��'����.�..��.......�_..���"���'����'�'��"�..' �'��"��' ����.v..__ � . .. .
<br /> .� � may pu�chuse lho Properly et eny sale. �
<br /> � .• Upon rec4fpt of payment o1 the pnce bid,Trusteo shel l delivor to the purcheser Trustee's deod conveying 4he Property sold.
<br /> The rec�tsl9 in the Trustee's deed shall be prima facie ov�denCe of the truthot the stetements made therein.Trusteo shell epply
<br /> the proceeJs of thesale fn the following order:la)to all reasonable coatsand expenses atthesale,including,butnot limited to,
<br /> Trustee'steasotnotmorethan 45o}thvgrosssalepnce.reasonabloattorney'sfeosandcostsoftltleevldence;
<br /> � (b1 to all sums secured by th�s Deed ot Trust:end(c)lhe excess.il any,to tho peraon or persona legally entltled 4hereto.
<br /> �� " 19. Bonow�r'f Rlphl to Relntt�te.Notwuhstending Lender's acceloration of the sums gecured by this Deed ot Trus�
<br />- „ BorrowarshAllhavotherighttohoveanyproceedingsbegun�yLendertnenforcothoDeadotTruotdlacontinuadetnnytimo
<br /> � �• pnorto tho oarlier to occur ol(q the tifth day beforo the sale o1 the Property pursuant to the power of sale contained fn the Doed
<br />- � of 7rust�iq ontry at a judgment enforcing this Uoed of Trust�L•(ay 8orrower pays Lender ell sums whlch would be then due
<br />_ • �, ^ undor thfs Deed o1 Trust,the Noto and notes securing Future Advancos,if any,had no acceteration occured:(b)Borrow�r
<br /> �� curea all breaCnes ot any other covonants ar agreem�n4s o}Borrowor contemed in thls Deed ot Trust(c)Borrower pays flll
<br />- reasonable expenses fncurred by LenderandTruateoenforcinfl the covonantsandagreements of Borcower conteined In this
<br /> , . Deedof7rustendfnenforcfngLendor'sandTrustae'sremediesasprov�dedlnparagraphl8hereof,fncludi�g,butnotlfmfted
<br /> lo,roesonable attornoy'�feas;ana(d)Borrowar takes sucn ection es Lender may reasonablyrequlre to assure thatthe lien ot
<br /> " thls Deed ot Trust.Londor's Interest m the Proporty�nd 8orrower's ablfgatfon to pay thn sums socurod by this Deed of Trust
<br />- shnllCOnUnua ummpA�red.Upan such pnymont and Cure by Borrower,this Deed of Trustand the obligatfons secured horeby
<br />,�'; ' " shall remafn m lull lorca and oNect as�t no acceleration had occurrod.
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