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<br /> _:.�n...�ss. J�ROD��1C SILSLSIlD DO�1TY J SIL$LBND 95 300115 07/03/1998 !-�
<br /> .. . . 9.Candemntttan.The proccals of anyr awiud ox claim for damages�dlrxt or coasoquetttlal.la canuation wtth auy . �;4:
<br /> co�emmdon dr other taking of the Praperty� or pnrt thereof. or far wmeyaace io lieu of caudeaanatlon� are hereby ��=`
<br /> _ �� ._ asstgaed ead shall be pstid ta Lendar.subject w the terms of any raortgagc.drxd of tnast or ather�ecurity agreem�nt witG a `..--
<br /> ° '� Uen which tias prlorlry over thfa Demd of Teust. �
<br /> «.. 1Q. Botrawtr Nat Relaaedi Forbesei�oe By i.aida Not � W►ittvtr. Bxtem9lon o� the daje for paYment or ..
<br /> - ° modiflaidou af amortlradon of tde sums secured by tWs Dced of Trust grjtnted by Lender to any successor in intsmst of � •
<br />=,�:�;.:,,: . Bormwer stWl mt operue to rele�tso. in Any manner.the liabSlity of the origic�l eomnwer and Bomawer's suc�xs�ora in
<br /> , .. „• interest.L�nder sh�tl ao�t ba requir�d w cammence pmcadtnBs agtinst snch successor or ret�se w atend time for payment .
<br /> . or otlie�wl�c:a�ssdify suu��au of ttne su�setun�by thls De�d of Trust by te�soa oP any dlemqml m�de by the orlgi�l
<br /> �;= , Borrower snd Bomaw�er's successars Ia lnterest. Any fotbearance by Lender ia acercising wy dght or remeay hereunder.
<br /> 'a,:�� or atbetwlse aRordod by appfic�ble taw,shtU aot be A waiver of or pnelude the excnise of ay sucd cight or remedy. , ,;
<br />:,.:�. �. 11.SuQOessors�nd A�tpm Boueidi Jotat and Sevaai Wibltttyi Co-si�nem. The coveunnte aud agreemeuts kereln
<br />'�. . � cowttued eh�U bind.arad the rights kerau�der s6a111nwe to.the respecdve successors wd assfgng af Lender aad Bon�nwer.
<br /> . , , , aub�ect to the prov�sto�of par�t;r9ph 16 hercof. AU coven�uts and agreements o�Bo�wer etwil be Joint and several.
<br /> i. ` I1ny Darrower wha co-siga4 this Dad of T�ust.6ut dces uot execute the Nace.(a)is co-siBning tLis Deed of Tn�st only to
<br /> ��`�� gnwt a�com�y thst Bo:mwer's Inurest ia the Property w T�ustce under the tezros of dds De�d of Tmst� (d��B 00� �ta`:
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<br /> � � personally liable ou the Note or wder tbis Deed of Tmst.and(c)agrees that Lender and any other Bormwer bereurder .t
<br />:.�,,'�•y,.r . , ���.
<br />_'�,� •'� may agree m extend.modify.forbear.or m�ice any other Accommod�dons witd regard to the temns of t6is Deed af Tn�st or ' �t;
<br /> _ �. ,,:� ,._'•
<br /> .. ,: , the Note.wlthous t6at Homawer's consent aud wlthaut nsleastng that Bonorver or awdlfy�ng this Deod af Tcust es w tisat r.,,
<br /> _t�:4�.±��' � Bonowar's iaterest in the Pcoperty. -:.:_.
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<br /> :.:�{ :��:'. 1Z. Natiae.Bxcept for rwy aodce requined under applicable law ta be given in another a�unner.<a)any aodce w
<br /> -' ",:,s:,y,:. Botmwer provlded for in d�is Qced of?ivs�c sL�ii 6e given by delivertng it ar by m�ling such natice by cardRed mai! °--_-
<br />-_ ,�;�,.{� ,� �ddt+essed to Bomuwer at the Property Addc�ss or at such ather address as eorrower mny des3gnate by notice w Lender as �:v
<br /> . _ pmvided hereln,and(b)Aay nodce to Lender shaU be gdven by cerdfied mail W Lender's address�tatod denia or w such
<br /> . . �' att�er addtess as Lender may desig�o�te by uotice w Borrawer as prnvtded 6ereiu.Any notice provlde�foz ia tlils Deed of �"�
<br />.'�':"'-`:��""x,� � Tcust shali be damod to 6ave been vea ta Bomowcr or Lender when ven In the maaaier desi be�ein.
<br /> �z:; � � 8� �`"�-
<br />__,_�?;`::,{;: 13.GovaNs�I.�wi Sever�bWty.The sdue st�nd tacal Nws eppllcable ta thla D�ed of'I�ss shaU be the laws of the =--
<br />- judsdicdon ta which the Pmperty Is located. The fongoing sentence s6a11 not limtt the appl3cabiUty of Fedeial law w thiis
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<br /> "-�°�-�--� Deed of T�us� Ia the event tlut any provlslon or clause of tWs Deed of Tmst or the Note confltcts with Appllcable lnw. ,
<br /> ` suc6 cdnp;ct sbali mt affut other pmvisioav of this Dced of Tnut ur the Note vfidch t�n be Siven effxt wlthout the �`�'
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<br />�...; . oo�licdng pmvlsion,and w this end the pmvis3ons of tW�Deod of T�ust aad tba Note are derlued ro be severable. As
<br /> .;,:�,s , usod he�ejn. "costs'. 'a�penses' and 'attoraeys' fees' include ai!sucr�to the e�ccent not probibited by applicable law or
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<br /> �':,'�r 14. Boerower'm Copy.Borrower s1�U be fumir�hed a conformed copy of the Nau and of t5is Deed of Tmst at the
<br /> '�"''��:"`" dape of execuHon or after recordadon hereof.
<br />�..�''L���;.' 1s. Rd�blitt�tton Lwu� A�+eana4t. Bomowea� shaU fu18U all of Borrower's obligadoas umder any home �.
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<br />_d�.��;1,� r�Lab3litadon,iaoPravement,c�ePair or otLer loaa agi+eenoent whlch Bonower entete�nto with I.euder. Lander.at l,ender's
<br /> --:--'=='=�- opdon. maY require Boirower to ea�ecute�d deUvec to Lender. in a foim acceptable to IxndEr,an asslgament of iwy
<br /> - ---= rights.citi�or defeases which Bo:rnwer mAy 6ave agaiast ptudes who supply labor.matedata or seevlces in wnuecdon
<br /> .;:�'�9 wlth improvements made to the Ptoperty.
<br /> ��� if.Tramter ot the Propaty or a Bc�neftcW Inta�st ta Borrowa. If all or aay part of dec Pcupeity or any iaterest
<br /> - '"_ —;,-=,� in it is sold or t�asferred(or if n benefiaiai interest in Bosruwer is sold or tcansfernd and Borcower is nnt a natural
<br /> --__=- person)wlthout I.ender's prtor v�ritten conseat. Lcnder may.at its opiton. re9ufre immr.�diate paym�enc in fiill of all a�aus
<br /> °-� socared by thia Dced of Tcnst.However.tLis opdon s6ai1 not be a�cerclsed by Lendr.r if exercise is gmLibited by federat
<br /> -�-::�i���� 1aw ns of the date of tbis Deed of Tcust.
<br />=-'�'�g��';?���� If Lender enercises this opdon. Lender sLall gtve��mwer nadce of aoceleratton The noda sLaU provtde�s pertod
<br /> -`::::;:�s's of not less thsn 30 days fmzn the d�te the nodce is dei��,sred pr mailed within which Botrowet must psy all sums secured
<br /> by tWs Dxd of'M�St. If Bomnwer fAils to pay dtese sums pr[or to the expiradnn of this petiod.Lender may i�n+oke aay
<br /> � _---� tenoedip pemdtted by t6is Dad of 7'n�st�aiiihout thnher mtice or demand on Horrower. �
<br /> - - NoN-UNIFORM CoVeN�►NTS. B�rrower stnd Leader tiirther covenant and agcee�follows: __
<br />�'.'`:'� 17. AeodaMtoni R�taii�. E�capt ae {u+ovtded in parafra�h 16 da+enP. upon Bonuwa°s bra�e6 ot any
<br /> -'� ooveaaut or ap+eemmt ot Bo�rawa la thls Dced d Temt, tnciudin�Borro�nar•a f�llw+e ta p�y by t6e cnA ot 10
<br /> -�-� �r dsys after t➢Ky are due.swy�sec�e�9 Dy 46ts Q:�.�o?�'a�t►Lcadx �ptEas to a�e�s�.Mio�et�l1 ahe .-
<br /> �.�Y�"'`•_�� notloe to Bormwer as pmddcd tn para�aph It hercot apecifytu�s (1)tbe bratc6i (2) tbe�Eon reqWe+td W c�te+e
<br /> _ - sucb bratdi3(3)a data.not Ids tbaa?A dtys tk�n tbe d�te the naNae tg mailed to Bat�avrer�by ahidr apch bz+eucb
<br /> -��"�'-'�' muet be sue+edi and{4)that tWuer to cue+e Buch brac6 on ar bdore th�dste apa[Ned tn the nothx may r�sult Sn
<br /> ;�,�� naodavton ot t6e s�am secur+cd by tht�Deed ot Temt and eWe ot tbe Prope�ty.T6e mtiae a6W turther inform
<br /> Y.x-� _ � Borrowar ot t6e et�ht to ret�tate wtter acaderatton and the rt�bt to brin�a cwnt�on to usert the non�oe of _
<br /> ,:t.�.�{:.--. -__
<br /> :_.;.,�t: �:, a tiditult or an�ot6er ddane ot Bon+uvMer W a�Non and ette.It the brao6 B aat ctmed on or be[ore the datx
<br /> -- �� �.*t � spedfied in tlee nottae.I.endar•at Lmdar'e optton,msy declare all ot tLe auas sa�rd Dy Ws Deed ot Tn�st to be ��-z
<br />':c.�r....:1�.`;..�`°� fmme�ate�dne snd p�yn6fe wlt6out furt6er demand and m�tnvoice tbe powa�ot s�le and u�y aRher e+emediea ■F»z'-
<br /> - .. ." ; � peem�tued by apptkabk �aw. Laides a6a11 be editkd to collect oll r�sonabk oasts Acd rxpa� I�uRM in �`_�
<br /> pwsutn�the rrmedles pt+ovtded In tdis pc�rs�raph 17,tnNudin�,but not Itmtted ta,rea�imble atWrners'ten. �'�=
<br /> ' , � „ .., It tbe pmver o!sole is invdcal,Tnntae s6W e+000rd a aatlre of defaWt tn eud�ou�Y in wmtch the Propa�tr or �
<br /> . some p�rt thereof is tocated�ud sball mW eopi� of such mtioe in tbe maancr Pr�rtbed bY+�PP��ble l�w to
<br /> .�; .;,,>`"`,�. `, Borrow�and M the athet peYSCm pi+esceibed Dy appUca6te IQw.Atter t6e lepse of sucfi time as may be reqWred by
<br /> — _ i_u J__ �_LW ��v��L� �..J!��L�.r�rar nro�.siAa�l 6o annllnsNn
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<br />.. -..-------�-- �Il1CaDlC uwt aclDaOC o[�stt p�c�ncctu�.tMSac v�wsc w�sac Ncswda w�w•.e r-•��••�..••-.r -R---- - -.
<br /> .:.. .. _ �_,.,.
<br /> _... la�.Tru�,ta.withaut demsnd on Borrowar.sb�ll sdl ftie Propaty at pubIIc auctlon to t6e W�hcst bidder at t6e Wne
<br /> ' and plue and under tbe terms�ated tn the nottce of sWe in oae or more paroe�is and in euc6 order�s Tnetee
<br /> � .. � m�d�amine.Trustee mqy postpone sale of�11 or an,y parod ot the Poop�ty by publ[c annotmoemant�t t6e Nma
<br /> � u,: end plsae o!eq�pnvto�ly schedWM sAle.Lender or Lender's dcsi�nee may pue+�htse the Prapeety�t aqy e�ale.
<br /> ° Upon reoNpt of psymeot ot tDe prta bid►71�te�sball ddiver to the purcl�sv Teustee's dxd conveyin�the
<br /> � � �ropeety sold.T�redtals in the Tn�stee's deed eball be prtma thcte evtdeace of the trvth ot tde st�tanenb made
<br /> ''� 4 tt�eretn.'1'rnstee sNaU apply the prnoeeds ot tAe ade in tbe followin�oMa�s ta)to all�so�6k cos�s tnd expenses o!
<br /> .. ' the sale,ioci�ling,but nut limited to,Tn�stee's tees actu�lly incurrcd of not mon tluu�S 96 Qf tl�ee�sWe pdce,
<br /> - �....'; � reasonsble atWas�eya' fas and casta of titte evtdwa� (Ib1 to aU sums securcd Dy!Ns Deed o!Tnntt and(c)the „
<br /> _� . ' • exaess�U aa,y,to t6e pa�on or pa+sons k�aUy eatttled tQa�eto. .°
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