|
_,"Iden , nag :oil ,r other raking,. 1h, f tz,
<br />and shall he paid So Lender
<br />In the :went Of it :oral :akmg of th, p,. pcTfs the pr,_cL rl,ol !)C ICLI :,, the ums ,elt-rcd ft,. this D'ed of Trust.
<br />with the excess if arly, paid to Bor cT In re esew of .: j)AMAl :;d, n 'lie Prop,!!Ik. urllc%, B -' ;wet and I ender
<br />itherwise agree in writing . there lha!l ) ,c appl cj ;,, :hc s ,ITT-,, fit, I
<br />e, I f l rust , I I , h 1, i ,,n , rat I ! h e p I, , L: c c d
<br />11 is equal to that proportion -.kh!Lh Th.,- lnt;rl; of [lie w,is r-, :h , I)cc,i [List unme,11.IICI% Plll)r ILI the t,,Ic of
<br />taking bears to the fair rnarkct %aluc L,t the pj,peri} p"o, !" the o; le .•,I tadkn)L, with the the proceeds
<br />paid It) Borrower
<br />If the Property is ahandLifled by Borrower, nr f, after nonle iss I w,drr In lioirro%%cr zhat the i:ovidenirlor offers to make
<br />in award or settle a claim for damages. Borro,cr Sal!, to rcsr,,,,:id I,, I Ihm IS; days fter the dare ltmh nonce is
<br />mailed, Lender is aiiihorized to collect and apply the pro:ecd,, ,I t ender; ,,noon, either to restoration or repair of the
<br />Property or to the sums secured by this Deed of Tnist
<br />Unless I coder and Borrower otherwise agree in wrung, .,:L% such piii)L:ecds I,. principal shall not c\lend
<br />or postpone the LIUC date Of the monthly instafloilinis reteTied it) n pir,wr ii,jj, I and 2 hereof or change She amount Of
<br />such installments
<br />10. Borrower Not Released. Ekien,ion of the tirri• lor r,ivnicnt kfil.oion ,I iimorwat:on of the ILIIIIS secured
<br />hk this Deed of Trust granted h,, Lender IT, art% successor 1 " "I terell o� it shall not operate it !cic,se. it) III% manner,
<br />the liabdilk, of the original Borrower arid Borrower's Uc.csliill 11) 1 ender %h.dl no: he required to cornnieri;:v
<br />proceedings against such successor or refuse it) cItiend time ti,� p.o,rjicn( or I nerwile moditk irrioriieiatitin of the l,isrns
<br />secured by this Deed ofTrusl by ;ea,on of am denianli made r,% :heoru!,na! borrower and Borrower's ILICLC!IsOrs In interest
<br />11. Forbearance by I ender Not a 11ai%er. .-k- 1•rheiran- by I coliej In -t-rcising any right or fcnieds- hereunder, OT
<br />otherwise afforded by aprili-ir):c !aw, shall not he i %tj:%cr of )r rfC,-!LIde the e\erc"e of 11111% stiLli Tight or icnicd%
<br />I he procure;i.ent of insurance ,r the pakirielil of late, n t)ilier heri, oi :hawcs h, I ciidcr ,hail! t:or he a waiver of Lecider s
<br />right to accelerate the inaluritk ,f me indchiedoos _,,ured rk tfi;l f)ecil o: trust
<br />12. Remedies Cumulati,c. 1;1 ! '(1lej,
<br />e, pr Iii) , I)e,J of I it'll . !i%l ri,! and :timidazive ill jm, other YtL:hT
<br />or remedy' under this Dec,l of (rust nr afforded sand !oat cxcrased concurrent!', I ride perident 1% or
<br />ILICCC%Si%Cly
<br />13. Successors and Assigns Bound: Joint anti Several I ]ability: Caption,. I !:v l:o,icnantc and :ktreerrictils
<br />contained shall hind, and the right, 711 ?rl` rt c 11J11CIll Is AI'd ind Borrower subject to the provisions or paragmpr, here;,! A
<br />Tie ijI .:9d e%erjf
<br />the captions and heading, of ifirc p.,riiictrh, used
<br />interpret Or define the pro,.mons hereof
<br />14. Notice. Ekt-CrI for arc 101ILQ tCiLlItCd :Pcrl u1 miomci marine:. I.o •nk noti,e
<br />B01'rCilef PFLII!ded for in this Deed of I'LlIt ';'Lllj !'C Lil. I'% ;I:I!! 'Ll,h 'I'l[ICe I.-% , eriTtle,i maii :i,4dres,cij :,-, Borrower
<br />the Vropety Address or at such other I COLICT' Al pto%tdc,L herein, :!n,!
<br />ihi am notice to Leridcr shall he gi'Cll !", li�rl�tlld 1.11! ilpl ret�uc,iel i,, Fenders idd;c 11,11CL; cttt
<br />ILI,:h other address as Lender mat designate !:,. •i,o;,c 13L r;, ", " licrt:'ll Ant noitle plo%!dc'I !r,r. I
<br />Decd of Trust shall he deemed :o h,c.e l,ccn g;,c71 '.' f1 sari .,ct • c:1,•c: .01cl) o;%efl f, 1110 11!JIMCf dC)1L!!1.lI`d ht�ft2; l
<br />15. Uniform Deed of artist; Gokvrning I :it%; silctcrAlibis I t 'Fill 11 A'c'! _ i !r,, ; rnhiiw, !, . •
<br />national rise ,:id ncii-tinilorni co\cnarr!, A:lh • :i, , it: :,, rust [! , lie '! WIllorfil ellir•l. :il'Fro: Ic,7
<br />oke. in -this Deed of FILA)l rw C, :hc L, o„ :) Ah�,h rl,c Prof)Lll,
<br />g real pTOpert\
<br />In She c,terit that ink prom! ,n ir rje tl h 't).;
<br />not affect other pro• .isioiji; of :htl DClLj 1! Lilt . rc -lit IdCLI I h-11 `1c
<br />and To this end The pl0LiV%101Ih III ihl 1) cd I
<br />16. Borrower's Copy. Borio,.tcF .,:ir ild ,I :ill, 1),cd rI I aI,( .: Tile Time
<br />of exectil:on or after fC1x11'LidtICH hereof
<br />17. Transfer of the Proper1%; Assumption. 1! J. T r Pr i n !he:,,:) d ::_ins!crrc,!
<br />his Borrower iiihour Lender's prior is !tl it ;q! ...j Vo
<br />this Deed of Trull, (!it the c.cazion ,I .;ppl, 'Ic,
<br />'t, :A wam$ "4 aim.,
<br />descent or Ink operation of akk !ipo;j the ic,!h )I
<br />c,1,jC 1"j, ! 1 1
<br />,mrnedialck LILIC and PLIc;&'C I :rider h.,l: I-cIL: r 1' ! Flill •,I Ole s :;il•I,te!, 1
<br />and the person To whom T!i• Proper a Ld !I cicer:Icr-; 'i .,riling shat the r-ort ,I li,J, pe!,
<br />Is SjtISfa,7foI" I" I end. -r r J19d :bAl Iric 71 "1, IILllr rl,,j; fC t 1_�t ,j�
<br />I ender shell request It l."lier ttll 'j
<br />tri interest has esectited a A:i:!cn
<br />all obligations under !h,, Dcc,! t IT;"! 1"'i ;I,-
<br />If Lender e\ercise, such opnot, I e!jdCf 'tj IS— f. .'t !j, C
<br />paragraph 14 hereof Such notic 11h,ill pfo"IC �I I l; 1111 dill :11L'
<br />deal whi,h Borrower may pal ITIC 'U'llb o"C 1: H
<br />Lender may, without further ionx o: denia,,,4 ... fr'li 7W!"i
<br />Noti
<br />oKsl Cl)wL!llis I Born,uer end 1 cn,lei !i,,ihcr ,,,cn,Tnt Ii .agree
<br />18. Acceleration; Remedies. E%cepi a, plooiticd in paragraph 17 tivreof• upon Borrower's hivach of Ali% toienallf or
<br />agreement of Borrower in this Deed of Itusi, including, lilt! 'o'cilaills ITS Pak Niihell (tile any 'um, ,e'urt•d hi fill, Dettl
<br />of Trust. Lender prior to acceleration shall mail nolite to Boirro,er a, p1mided in Paragraph 14 hereof p-if,ing: (1) tile
<br />breach; (2) the aclion required to CUlle such breach; 13) it dale. not 1c,, than 30 day, from tile laic the ilotike 1, Ill"i!ctl j�,
<br />Borrower, by which such breach ,rust be cured; and 0) that lailure to (ore such ' breach ..n or before tile (lat• ,pe I,ed
<br />in the notice nialk result in acceleration of the tjlll, se'll,ed III, fill, Drell Of Iril'i ;vld sale of She Propt,flN. 111, noit"
<br />shall further inform Borrower of the right III reins(ale jt1c,' a—li-falion and She right III bring a 'oliff a,llion IT, j,"';
<br />the non-existence of a default or ;in ' s other defen%i: of Borrower Io atkic1cration and If the breath is Ilol tlrvtl
<br />on or before the dale specified in the notice, l.criticr at I ctider's option inak declare all of lilt S111111 IC(UrCd Ill, this DtC(i
<br />of Trust to be inulnediatell, due and pakablc wiihr,ut further demand and min in%ohe the puktur of sale and any )the, reinedw,
<br />permilled by applicable law. Lender hall be entitled to all reasonable I, anti CXIICIIS" ille orledLili po"11:11g the
<br />remedies provided in this paragraph 18, including. but not limited ton reasonable allorilcN's lets.
<br />If the power of sale is imohed, lru,lce 111111 record it noli"• of dvfatill in vo,h "'Sill-1k in "hick the Property nr omi,
<br />part thereof is located and shall mail copie, of such no:JkL, 11) the manner Pfc-rib"ll by applicable last to Bofro,,c, ant] it, the
<br />other Person, prescribed by applicable la,. After (lie lapse of such little a, may be required by applicable law, Iruslev shall
<br />{give public notice of sale to the per-n, and in [lie nianovir prescribed hk applicable [:I,,. I trit,lee, ,ithow demand ... I
<br />Borrower, shall sell the Properly at public ati(fion to file high-t bidder at [ti• lini, atid Plate and tinder tile tt,rrvi, dv,iV
<br />,nated
<br />in the notice of %ah: in fine or more pac,111 and in smh order may d0crinisiv. lri,,tv, mak Postpone sale of all
<br />or an) parcel of the Ploperik by public aunounctutrnt :n She Time iind plate of :env P;eNloll,lk xheduled ;lie. I kinder oi
<br />Lender's designee may purch^t: the lllroperj) at illy sale.
<br />Upon receipt of payment of the price bill, -][Lrjjslite shrill deliser it) the purchaser Trustee's deed conseNing the Propedi
<br />sold. The recitals in the Trustee's decd ,hall he printa facie vkidvm:c of the troth (it She %laielliclits made flit-rein. I ric,tre
<br />shall apply file proceed, of the A, in the follow ip� ortlitil: (:it III all rtas000ble ( -1, and f pta of 11), ii,li in'luding, bul
<br />not linxiled (it, Truslev's fees of not mote than 1, " C. F 1. 'r of Ihe gross al, Plitt. 'ea- -hill'. attolli•N" fees and ,I, iIf
<br />title ti,ldrace; tb) ill all %UHIN sCLUrVd by IlliN I)Ved of fro'l, I'llij 1, 1 file if ;'o" I', Ifir pt"on or persons I,g.Silk v'llilled
<br />thereto.
<br />19. Borrower's Right to Reinoatc. % 0,7_, I I
<br />(,cf;f
<br />IS
<br /> it
<br />IS
<br />
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