f� ��rr� ,i���±�ts.�.''� _
<br /> ..� �• �...�,M+...�.. d . -
<br /> ,ti.�,..-._
<br /> <. . , . , _ ._.`.._�
<br /> . p��
<br /> ' � n�'ta.� �. .�:l:t�]�d;^.:.s' �) �,tr� .T^"S"u-�. -- . .
<br /> - ' -_ - ..�...s_��..� _ 7- .r.c .......
<br />_..._...dl ,t .=:.Q!'l"�- .,.,.rr.-��e..'_
<br />:i=_.m,s.��._�_�,-.�rg sL-.'�:u_�lf!r'..^a L21.i^'_!T_"1f"s.3:'_13�v�c'i -
<br /> n
<br /> w
<br /> ����Jw
<br /> p, 6orrowor eholl tAe_ p in gaad topefr and ahnl�not oommit wr.s�n ar pormit Impelrmont or dotorlurotion oi the Prope�tv _
<br /> muu t due under a�p ior mart9a0eeo�truet deed bot re delinquent Qor dt m+a ntaln tho Praportypnrpood topeirY or e1 pertorm nny ol 1hu aovoi nn n�r �
<br /> and dl bureo suoA su�ns nd eke suaho tion ae it deemei neaeeaar►+te prot ct�ur�nt t s�W�hQ°�wert��8 0�afleotfng te rf 3ht!u deate e�o►d tault
<br /> eddidonal indebtednesetof Sorr werreenu ed by this Trust 0 ed and ehatltbeer�inte ent from ths do eto f du Aubaem ntnt ho tate pe yable unde��hn "
<br /> Note. Nothinp eontainad in thia po►agraph ahnll raqulre Lender to meke nny suah dlshursemente or take emi soUon wh�noevet. r
<br /> 8. Lender mey meke or oauna ta bo mado reaeoneble enttiea upon and infpeotion ot the Propsrty.
<br /> 9. The prooeeds ot eny award or elaim for damagea,direat or aonaequentfa6 in oonnecUon with any eondmm�ation or othor taking ot the Property,
<br /> or part thereof,o�for aonvayenoe fn Ilou of aondmm�ation,ore hereby oaei8ned ond ehult be paid to Lendor tn the axtent of tho futl emount of the
<br /> remdning unpaid fndobtedneos seaured by tfiie T�uot Deod.
<br /> damageapBonowebfai e�to e�pond eo letsder iw�ithin 30 days aRor tho dat au h notloe�s m,aEled.Lendorrle autho�imd to olloot And appty the prooeeds `
<br /> to the Rums seoured by thia Truet Deed.
<br /> Condemoatlon pr000ede or nwarde shall ba o�edited to the laet maturing fnstn�imenta ot the indebtedneae seeured end ehait not eKOOed or postpone
<br /> the due date uf the installmente teterrad to in paragrapho 1 end 4 hereof ot ehenge the amount of such inateUmente.
<br /> 1 O. if the lender iasuoe a partial rolooso of ehie Truet Dood,tho prooaeda reooivad thoretor shail be nredited to tho laet maturing inata��ments of tho
<br /> indebtodnesa eenured hereby.
<br /> 11.It Lender dther vduntarilV or involuntndly baaomos e petty to any cnk ot le@at proonedlag ralaUng tio tho Property,Noto or this Trunt Oeed,then
<br /> or lega!proo�aedinga end eid sums sl�iail�eonaUtute addltionai indabtednesseseou ed by hfs Trust Deed and bear interest at ho ra�n p�nyuLtd und�r th� `---
<br /> f�ote,untf{pald.
<br /> 12. As eddftlonat eeaudry 8orrower doas he�eby aselg�,tranefer end set over to Lender.In oase ot detault.in tAe performanae of any of the tertna or
<br /> oondi8ona of this Truet Doed,the Note,or the terms ot any indebtednese seeured heroby,eil ot the �ente,tev6nuos end any fnoome uf�ny typo _
<br /> wheteosver tn be derived trom the Property.inotuding iartt!aontreot paymente. Lender,in peraon,by agent or by�eeeive►,wfthoui regatd to ti►e
<br /> soivenoy or Insotvenoy of the Borrower or the value of thn Property,ehail be entitied to take posseaslon of,�epair,rent and manege the Prope►ty and
<br /> to eoitect the rente,revenues and Inname tharofrom and it may pey out of safd income atl expensea of repalr and aoete incurrod In renting end managing
<br /> the P�oDerty and colteodng rentate and for pBymont ot insuranoe premiums with any remnining bAlanao to be eppiied to the�ast matu�ing peyments
<br /> ot the debt seaurod hereby. Upon presonting a oop�ot this Trust Oned and demand to Any lessea,tenant or oontraot purohaser of the Property,suoh
<br /> peroon eha[I pay atl�ants,paymonto and ptofits aoarued or thereafter aanruing to the Lender until further�otioe f►om the londer.
<br /> !3. !f e!!Qr enY�+°'t o�the Proportv or any intereat therofn is deedad.sold by lend oontraat pr othetwise comreyed,aiienatod o►fitnher ertcumberad
<br /> efther vduntadty or involuntn►!ly without Le�der'8 prlor wHtten oonsent,or ifi tiro T�usios is a�ot�arsdcsf etx!!M�"4!a change In ownetsfilP ot 509(► ,,
<br /> or more of the coiporoUon'a stook,or if the Trustor ie e peRr:emhip and there la e ohanpe in the membership or a dissoiudon of tP►e psrtrnnhip,
<br /> exa�uding(a1 a transfer by operadon of Iaw upon tha death ot e jolnt tanant ot(b)the gront of any leesehold interest oot oontaining en opt!nn to
<br /> purohase with a lease torm of two yaaro or tese,ot Iol the areadon oi the purohase monoy seoutity interett In houseAotd appUanoea,then Lender mey,
<br /> at lu opdon,deolere ell auma seaured by thie Trust Qeed to be immodlateiy due and peYa6ie. in�tfie event the Lender oonsents to any euah ohange
<br /> in ownarsh(p,aontroi or dtaeoludon or transfet ot all or eny pett o!the Ptopetty,then Lende►ahay ut its ePdon odJuet the Interest rete ta the ptevdiing
<br /> rote of interost that ia ohatged on oew seoured toans of the type meaured by thie 7rust Doed at the tlme o!the ohnnge in ownerahip,control,dissolutton
<br /> ot uanater and mey ahatge a trartater tee. �"
<br /> 14.Upon Botrower's breaoh of any eovenant or agreament of Bor�ower In thla T•ruat Ceed.tnatuding tho oovenents to p�y when du�anY aums esnured
<br /> by thia Trust Deed,Lcn9er at its opdon may daotare ett ot the sume aeaured b�thie Truat�eed to be imm�dl+tety du�snd payaDis witRout turthet
<br /> d�m�nd eM meY�nvaks the power of sale andlor any other remedisa pemnitted by+Wplfeabie law Inaluding t�s dpht to foreotoae thie Ttust Oeed in
<br /> ths manner pto+rtded by law for the fareotoaure ot moKgapes on reai es[ate. lender shali b�enUtied to colieot ali�eeaonable cosru and expensee
<br /> incurred in pursuing suoA�emediea inoiuding,but not Iimited to,and to the e�ctent pem�itted by lew.�eanonabie attomey feae,
<br /> If the pow�r of sa�e In Invoked,Ttuotee shaii racord a�otlae of detault In eaoh oounty in which th�Properry or soms paut thanoi is Ioa�tM�nd prov{de
<br /> ootlae thereot in tha m�nner preeoribM by appliaobts law. Aftar ths lagse of euoA tlme es mey be reQuirod by applioable Iaw,Truat�e shstt give publio
<br /> noticq of ads to the pereana end in the manner proso�fbad by epplioab�o law. Tn�stee,or the attomey for 4he Truatee,wfthout demard on Borrower,
<br /> shn11�t�l the P�raperty et pubtio nuotlon to the highest bldder et the time ar►d ptaae end under the terms designi�ted in the noUce of sats in orn or more
<br /> dme�and ple o of an prev o Btyflsaheduled�eate'.�Lender�or Lender e deigneeamaytpu►oha�e the property at eny eete.y public announoement et tho
<br /> Upon►eceipt of payment of the prtae bid,Y�uatee shaU de►Iver to the puraheeer e Trutteo'a Ceed,without wanenty,aorneying tho Property coid.The
<br /> reclta,te in the 7rustee'e Deed obeti bo p�lma faale evfdenee of the t�uth of the etetementa mede therefn. Truatae ehall aupply the proeeede of the aate
<br /> in the foi�awing a►de�:a1 to eIi reetortabte coata and expensea of the sde,inciuding,but�ot itmited to.Tn�at�,e'e faen ot not more than Fiva Hund�ed
<br /> and N1o110018600.001 plus 112 ot 196 ot tho amount seeured he►eby and remalning unpafd,aod aoste of tiUe evtdence;b1 to a�l sums secured by thfs
<br /> 7rust Oeed;end o)the exoesa,if any,to the pereon or poreona legelly entkted th�reto.
<br /> proctuds M ex�et lse of anyf suoh dght ot remedy tn the evsnt t oonNnui e�or furitro6bre�aoh e by tbe Bor�iro�we►b�e law, sheli not be a waiver of or
<br /> 18. 1411 remediea p�ovidad in thla Trugt Deed are dlatirtot end aumutative to eny othe►d8ht o�romedy under thia Truet Deed or eHorded by taw or�quity.
<br /> end may be exeralead conaurrently,indopendendy or ouaoeaeiveiy.It 8orrowat hns yhren Lertdora ohattel mottgege,or ee�tu�iq egr4ement on personal
<br />- propetly ea oddiUon�l seeudty tor the de6t oeeutad hereby,in tha dient of detauit harouncior af aheroundor,Lender eh�tl have the right end op8on to
<br /> flrot toreolose on'caid pereanal ptoperty without preJudioe to ite dght to theroatcar sett or tdrool�ae the Property o►to pursuo all aecu►ity at the eame
<br /> tlme or to purouo.ahn personat property etter the sate or torealosuro of the Proportlt.
<br /> 17. Upon paymens ot olt oums secured by this�rust Deed.Lender shatl�equest Yaultee to reoonvoy tihe Propeny 8nd shali eurrender this Tr�cn�Dead
<br /> pereona tegally entlUed th�eto�Such person or poh►son ehe11 Pey dl oate ot roaottdeUon,tff anyvey tho P�operty without warranty to thopbrson or
<br /> 18. lendet,at lundata option,may trom timo to Hmo�omovo Trustao end appotnt a suecessor trustoo to any Truateo uppotntod horoundet by en
<br /> instrumee►t reaotdod in the County in whtah this Truet Deed is r000rdod. Wlthout eonveyona�ot the P�operty,thn auocoasor truetoe ahatl aueceod to
<br /> � all ritle,power orM duties conforrod upon thu Trustoo horein and by appliaabfe law.
<br />= �_.:._..._...e.,.,u...w�W*o en a;ven ln anothar rrtanner.whenever Lender,
<br />= 19.Exeopttotenynotiaos,elCmonos.requastsoromorommri.iid�o.���.a.ow..�-•�--•�.---•---� -
<br /> - 8orrowot ot 7�ustoo give�or sorvos ony notloo tincluding. wlthout iimitetioo, norieo ot dotault anE notice of eate),demande,►equeats or other _
<br /> communfaetlon with rospact to thia Tntat Ooed,oach euoh notlao,demand,request or other anmmunia�tton sRoii be in writing and shali be oNoctivo -
<br />' oniy it tho snmo ia dolivored by persona►sorvicn or mniled by certi(ied matl,poetoga prepatd,�oturn roeaipt tequestod,addrossed to the e�ddress c�s sat
<br /> forth at the bogfnning of ihe Trust Ooad. A aopy nf any notiao ot dotnult,anM notloe oi snio,ruQutred or porrttitted to bo givon hereunder.shall bo _
<br /> - matlad to eanh porsan who is u party horoto at tho uddross sot toKh ot the beg�nning ot thfs T�ust Deed.Aml pany mrry at uny time ehango its addresa
<br />- tor auoh notlooa by dolivodng or mafling to tho othor pottles horoto,as etoreaeld.o notloo of suah ohnnge, Any�odoo hnroundor sAntt bo deemerl to
<br />= havo to boon given ro Borrower or Lendo�.when given fn the mnnner Eesignated heroin.
<br />� 20. TAo covonnnte and oproemonts horein contbiaed shnll6fod,nnd tho rigl�ts hereundet shalt fnuro to tAo rospeotive heirn,ropresentaUvea,sucaessore .-,
<br />== end assigea af tho Do��os. All eovonante artd agreemonta of the 8onowet sha11 De toint end severBL Whenover rotoroneo is mudo to tho singular
<br /> ho�eunder,it shnit includo tho plurol and tho plurol shotl inctudo the singuta►.
<br />:�
<br /> e
<br /> �
<br />
|