|
Sr,_ 1lr45n e7
<br />'A thm of 1 rust rmrrtediaicly prior tv the date of taking tears to the fait market salue of the Pfulsorty immediately prior to the date of
<br />taking, with the balance of the proceeds paid to Borower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim for damages, Borrower fails to respond to Lender wtihin 30 days after the dart such notice is mailed; Lender is authorised to collect and
<br />apply the proceeds, at I coder '% option, either to restoration at repaif Of the Property or to the sums secured by this fled of Trust.
<br />Unless Lender and Borrower otherwise agree in waiting, any such application of proceeds to principal shall not extend or postpone the due
<br />date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of such installments.
<br />1s. borrower Not Released. Extension of the it= for payment of motfilication of amortization of the stems secured by this Peed of Trust
<br />granted by LendV to any successor in interest of Borrower shat! not operate to release, in any mamxr, the liability of the original Borrower and
<br />Borrower's successors in interest. tender shall not he required to conunaile proceedings against such successor or refuse to extend time for
<br />paymern or otherwise modify amortization of the sums secured by this led of Trust by reason of any demand made by the original Borrower - and Borrower's successors in interest. _ -
<br />11. Forbearance by Leader Not a Waiver. Any forbearance by Lender to exercising
<br />any right or remedy hereunder, or otherwise affostier]. by applicable law, shall not be a waiver of or preclude the exer"Scof arty sueb right Or remedy. The procurement of insurance or the payment of
<br />taxes or Other liens or charges by Lender shall not be a waiver of Lender's rbidu to accelerate the Maturity of the indebtedness secured by this
<br />Deed of Trust
<br />12. Remedies Caa"lative, All remedies provided in this feed taf Trrst are distinct and cumulative to ary.other right or remedy under this
<br />Deed of Trust or afforded by law or cqu[t }. and maybe earerci_sed cotu,irrentIv irxtependertify or su �ssivdy.
<br />13. Successors, and lsaigus Hoard; Joint sad Several i3sbdh +; fib. The v- cnsrt,s and agreements hereincontained shall Nod. ad
<br />the rights hereunder %hail inure to, the =tspixtiyt SUCCAM air% and atsfigai: ef- Leander ;end Borrower, subject to the priv-tsions of paragraph.;;'
<br />her�f All co cnams and aWeentents or Borrower shall t mo=tet and sc,,cf a _ Therap%zorr, and headings of the paragraphs of this Dived of True -
<br />f•, are for convemencr only and are not to 4e used to interpret or define the mos'iii -,cis hereo€. -
<br />14. Notice. Ex -epr 'or uty ni-A ce zatuired under apoicame jaw rnanner, ia1 env notice tea Borrower prrosided for in
<br />_ - this Deed of i n:st -shalt he ip, Lit % ma; .erg - - -.k mere by _enf,i''ed ��zaa +; a+.&t'aaevi tc; ka.-r;,.vat as ¢he Psarri+prta A3tfress or at such atist7 address
<br />j -- as Borrower may designate S, n- err t,, d.r. Jrr as prcac :d,_;i ricr —M: ;sew !h ;4411 -t.;.t;,,e tr• Lender shall be given by yertifaed mart , return.recapt
<br />p zrqucsted, to Lender's address staled Tterctr or to suer :actor aadzess as Lrndea :nap 4triignatc by TrOucc to Borrows as provided harm, Any
<br />nowr mro,-tded for in this Deed of Trus; omit be deemed tsi flalt! been It Wen so Lsorr•"c' :r, lender when g ycn mitre manner designated herein_.-
<br />13. Lnifora Deed of itast. GO- rraisg Law ::y+evasabilky. Thu form ctf deed s ?f trust cc'=nbiras uni €orm covenants for national use and
<br />non..•imform :ovcr ants wuh l:.m:!c; varia?:•rf. its ,rtsdie.,.ut ,0 s:OtotAulc a -.dfcirtn securov iinstrument c€ cirrng real pv petty- This Lind of .
<br />True+ <i all ht g vtrned t v t xr aw :at the g s tat c m a`r.c h t tt Proper[. is otartd, In',heeven; that any provision car clause of this Deed of
<br />I -rust *r the Note cxin # ?t.ac w,:h ar.1 I :cae'ic :<» ',-:h ea>nfir_ siau roz a;fect other prosssions of this iled of Trust or the';Otc wit" can be -
<br />z.tr vile . [h%i tt the ,irt3i zirk r rcz. anion ant : r than 'coed rate p a,..tslou, of the Dood of Trust and the ?vote are declared to he severable.
<br />try_ Bortower't Copy. #Sxir� ^.lee. °.tsar 'tc a:;aislcd a - ,0*f,1: vd cvrs of the Note and ref thus Gerd of Trust at, -am of exec °anion or - -
<br />aiter recordanon nerrai. V. 7'ra0ater at the Proper": Aaa"mptios: !f a9 or any rwT, : ?t it :Prr,+ctty ur act interest thereto is sold or transferrrd tyy Borrower
<br />th; tit!. c^ desspr; i,; xritrencatist ,[rcz:iiru..-w(aid'resranont ahCr. ?F :mr mbran+-rwtx)rdmcio this i ,•+fTruest,ibithecrea?tonof
<br />a t' r'hast £tt <xtty' security tntrre, f.x nousehotd ap hivkcs, io a transfer tx dcvtst: lescent or by opctatiort of law upoo the death of a joud,
<br />.titart; �r ids the grant c,:` any ieasthoid = nterest of three ,rates : °.n less -lot coistaaning an Option to purchase, Lender mays: at lender`% option, -
<br />declare &V •he cum, %ct;:f e,i hF this fyec�J of Trust ro be _,mmned attip :cue and rmy-zt . Leader shall have waived such upon to accetera €r if.
<br />_ prior !0 the 4ate t r tt ansfrr. Lender ano the r � .an • , _gym The l r - - _ n t°'p ?s , , o r ' _ vt a< t r a r u f e r t e d rraO agreement tri wro erg :tl al the, r d i z -
<br />su,h perum .s ±.atisfa< or ,e.- I i t t A r t a n c ! zha !+. t ^°;re.. -a - .;:±lz . t : . It t -hum sc'U ed ^_ -has Decd of Trust jhass` t,e at =uet; rare as Leiner .'sal', _
<br />.. -. rtgutst If I carder ft- wa„re', 'bc .. -- .,..,�. ,t.,f�.y n . .,, -. sars4.agsts _ . 'md. ;t lea r wrr's a:s;:,s:t'r -n :rm,s e t .*a; cse�ured a -
<br />wrirtrn, aiaurnrl un $*,Cement a".vjxe_` :r, v. taz.r�, `7 I-endet, l sndy! -: €fail release liorr.t mer'10m all obi:ga Melia Seder this Deed of Trust and
<br />the %ote.
<br />If l.codet e11cicis_e1
<br />- - sv - it r . . rn:e ct ` r aaLtiezatitn n a"s darxe with pwagraph.14 htn_d-
<br />tiurf n< lve pro,t't
<br />: ?f nt.t .n... s.• :7i _,A, :?t: !A11 .r ,; : :aizrs3. -itiia whit 13irrrocscr ^ua pa± ztic sera }ss Gn:farnl- -
<br />dsu
<br />If Bonitwer taxi, to obi 'ac . "j, pit .. 0 r3s cave a.. tit d..:h r.+4ii. :tt <.irr sm - :rii?ta€t: cur *tar.natscr or demand in Beftomer,
<br />- ;G *Oic at" perritirrd h, "Wag-ants
<br />- ( till -izKM t 0> (�_TvT.a dare- ,wersndtei is ; +.ice sxrnrrt
<br />led. Areseierstiov: Remedec,. - Except an pro.." is pamtrapl V hereof, upon Borrower'" breach of any cove "art or agreevaeat of
<br />- borrower is chit Ikrd of Trust. including The cave0rh[s err POT when dtu ray $seer tecared by this Deed of Tram[, Leader prior to acrelem aps-
<br />shah add ooWt in Borrower as provided is paragraph 14 hereof specif"btg ill the breach; UP the action required to Tort such breach tit a
<br />dais, not iew than 30 days from the date of sober is mailed to borrowet. by wlk7b Such irsaclk manor tie cured: and 143 that fadone to cure Tisch
<br />breach oa or before the date specified in the entice way rrudl in ncsderstirw of the rams secured by this Deed of Tarr and s"k of the Propreiy.
<br />.. The notice Asa further tafmrm flonvwcr of the night to resust2te after rrreiessrias had the right to bring a court action to assert the son•
<br />ealNesct of a det0ntt or asp other defense of borrower to accaierarive MW tide_ If the brerue► is not cured 06 or before the date apee#£snd n the
<br />notice. tender of t.eader's opfioa w"y 4eff14K all of the sages secured by this Yard of f rust to be iawadivady rise end prsyahie widow farther
<br />dtmaud 2011 may 1A%0 ie the power of sale had any other - remedies permitted by 2pplitabk law. Lender shay be eadded to coiled ty reaisti0nhir
<br />to*" seed expets w incurred to parstaag rise rrsaedist, pto'idcd is this paragappn is..tnehwiiag. but am gaited to. reawushie snorisry's feet_
<br />If the power of sale to invoked. i raster shiny record a notice of default in tar* cons €y in whkl the Property or some part thereof ter tocsstd
<br />- -- - _..aud "I sand topics of %ctrl" :ante to the s"a"ner Straw Istd by appheatt#e law to Borrower and to the other peraom pre* -abed by apythe bw
<br />- - - .It", A14" the of such jar as sairt, he raitth by applicable Inw. Trustee shwa girt Paw stake of sale to the per4tim and W tie minister
<br />prtxcribed by appfienik iaw. trustee, whlloet dets"ad as barrowtr; shag deft the Ptnperty at prubbe auction to the kublesi bidder at the time
<br />M4 pbce 404 order the terra theugast" to the settee of ask in a" err chore pweeb and in sae% order as Trmtpe may de eraine. trustee any
<br />piwgose o"k of ail of xy puresel of the Property by ptshik a0aoueornrat at Ntr tier sad place of say pritrinnsty Wbedskd tale. Ira I or
<br />Lender's "40" way parrhisat the Property st hay Oak,
<br />t -"a reretpt of pOtyment of the Warr bed. Trustee tA" deN.rr to the purchssrr Truster'* dtrd con -eying the Property Ooid. The rect" is
<br />tier Tiaitef's deed shay bur Wear facie todeove of list truth of the st"Wai tats mrde therein. Trustee ahoy apply the proceeds of the xak is for
<br />l direlift Ord" tat to an resso0able r+tsu and etpe04et of the Oak. lactaillag, hat hot hailed to, Trwtee's fees of nor chore [hail
<br />a' the Vos' role pries, reasonable attorney's fees had fosu of title r0dootr; Ihr it, all Sum% averred by this ikr11 of trust. sod in the ry; rx., f
<br />say, to the peretio or fee .err, ietap) tabard raerNO.
<br />19 Ilo""ser% Naght to" a.4a0 . '+., >,a r - :F1 •..rs7r l.,r ,,r i.e :,"Err.,'.- h +'i.._ T
<br />t :a'., . a s. , c, �,qgc a ,. „ r p a r,t•. relic l
<br />, .
<br />� ,3h, it, S1R1 ,A.r ,♦ __.fi I' � , 5, �. �s.f fk,V.1'r � SO r .. , a:t:rx, .. ,,. 4'S, -i .3 . - :: .., _ .
<br />ati, 0.Y t
<br />,
<br />
|