|
'
<br />87_-100132
<br />by this Deed m1',"^ immediately prior m the date °/ taking hears w the lair market value ", the Property immediately prim w !he dale "/
<br />-
<br />taking, with the balance of the proceeds paid to Borrower.
<br />x the Property /" abandoned ^ Borrower, vr If, after notice w' Lender muw,""r, that the condemnor offers m make "" award ", settle u
<br />churn for aismatics. Borrower fails w respond muncitr°omom days after the date such notice /" mailed, Lender is authorized *^oo='and
<br />apply the proc=u.mt Lender's option, either '° restoration u,,°pm,"r,x" Property ",m the sums secured uv this Deed orr,"*.
<br />Unless Leader and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend m postpone the clue
<br />date "/ the monthly installments referred mm paragraphs / and zx,="/ (it change the amount 3f such installments.
<br />10. Borrower Not Released. Extension "/ the time for payment = modification w amortization a the sums secured ov this Deed mr,u,,
<br />granted ^° Lender w any successor .0 interest ^/ Borrower shall not operate '* release, /" any manner, the liability or the original Borrower and
<br />Borrower's "leMS01"iminterest. Lender shall not o= required m commence proceedings against such successor m refuse m extend time for
<br />payment ° otherwise modify amortization ^/ the sums secured uy this Deed "/ r,",'u, reason of any demand made »y the original Borrower
<br />mmu��°�'°m"z"e^`m/m,o*.
<br />^� 13. Forbearance xrm=mm Not wWm~er. Any forbearance br Lender /"=,^,Lisiu« any right mremedy hereunder, u, otherwise afforded
<br />.�
<br />by applicable law, shall nor bea waiver °/m preclude the exerc'"="ro", such right ", remedy. The procurement v/ insurance o, the payment "r
<br />� taxes or other liens orcharges bvI-mou shall not be" waiver .rLmcic,'` Tight m accelerate the maturity v/ the indebtedness secured by this
<br />Deed "xTrust.
<br />o . Remedies Cumulative. All remedies provided i" his Deed w Trust are distinct and cumulative m any other right m remedy under ,his
<br />Deed "/ Trust m afforded x'ia~^, equity, and may ^, exercised m"",u"u�, Independently ",successively.
<br />13. Successors and Assigns Bound; Joint and Several Lisibility. Captions. The covenants and agreements herein contained shall bind.ard
<br />the rights hereunder shall inure to, the ",pect.= successors and assigns "rc ender and Borrower. subject * the provisions "/ paragraph /7
<br />hereof. All covenants and agreements "r Borrower shall o°/~"' and se=al The captions and headings "r the paragraphs m this Deed ofTrust
<br />are for convenience only and ",^"mmbe"~m." interpret u,u,n"^m`p,."."/"""h",.oc
<br />' 14. Notice. Except for any notice required under urn//mule/m^m^"u.`""`" another manner, w`mnnvncemomm°c provided for /n
<br />this Deed orrm", shall o« given by rn"mra^""o"f�t/ce h,"nsmm"./"om�",uwm,r,v°nmm.p,opeuvAu,m,o,ut such other wu,.,"
<br />as Borrower �v�*m`n�o`nm.=m�"�,�pmw�� herein, and 'm""); notice w7"mer shall be given u' certified mail, return receipt
<br />requested, m Lender's address ^rated herein ",m".c: other address ""z.e"u"""v designate or notice '. Borrower as provided herein. Any
<br />notice provided for /"this Deed a/ Trust ,hall m, deemed o have u�"m`," it) Borrower ", Tender when given /n the manner designated beret ".
<br />n. Uniform c°rd"+ Trust: Governing Law; w_"am**m.^m.m.,/ (iced "rn"`, combines uniform covenants for national rise and
<br />non-uniform covenants with limited "a/m.o""h,,"isd/cl=".,=",,m.',"""/fm="="n`' instrument covering real property, This Deed ,/
<br />Trust shall oc governed ^' The uWm,IICpmsclmxwm h"h the e=ps,3s/.^�at,u. I" the event that any provision m clause ythis Deed of
<br />Trust ", the Note conflicts with applicable /"~."""o.""n/o^n"o ""`°,n,,^. her pr°'"°"."r this Deed "/ Trust ", the Note Which can v=
<br />given effect without ,hemmnict.°vpr"~"=. and w this end the ,,=.~/"n,"/'hc Deed of Trust and the Noteou declared mbe severable-
<br />16. Borrower's Cop . e*,,"=,.hall ber",m,me.^ !o :h- Note and .r this Deed a Trust * -the time ofm="u""m
<br />after recordation hereof.
<br />17. Transfer m the prope,". Assumption. n all ",=' part "/ r"n",w","".m=m` therein " sold = transferred *a°rr"°=
<br />without Lender's prior ~"v==nseni. excluding w the �arion"/"o."° Subordinate * this Deed ofTrum.o*/he=m.""of
<br />" purchase money security interest for household um,//m,,°.,*""""`*. ^' dm= descent (it u, operation "/ law upon the death uujoint
<br />tenant ""w/ the grant "v any leasehold Interest "r three years or/"°"e..ma".e= option it) purchase, Lender may, * Lender's option,
<br />oeclar"al.x.""""°="rem^,.u"m,u"/r,"^`m»,=metm,a,o.e=vr^v"*/e./mu",»u/h"ve°ai.ro.*a"pt/"",""cc^/"s'"^ .
<br />prior w the sale m transfer, /eride, and the pe" nio horn the Prnperr, ;, to h, sold or transferred reach 3greement in writing that the credit "/
<br />such person *sa,^uu'=rm Lender pu,xm the interest payable ab"he h_'' his Deed "/ Trust shall o"m such rate asu"u",�^o
<br />nnum,. //' coder has °oi,ed the mnw° m"=a""*provided ."'iisrar"Iirapx /�. and um"*~, '^ successor in interest has executed "
<br />written assumption agreement accepted ".~m"c*���, 1. erm" hall =iea=mx,ower from all mmwm"m tinder this Deed of Trust and
<br />m=w"*.
<br />// Lender exercises ,""o"pl.°"u^=,lera,,. Lender shall mail x",,=",, notice .r acceleration = accordance with paragraph whereof.
<br />Such notice straillr~ur^p,wuw not less than m days front -,he:m" !he non= /.ol�iiecl within which Borrower may pay the =",ae,�iared
<br />due, ^/BoT,,°er fails ,vpw."cli,"=, prior /" the expiration u `."xpe,^a./=u.,",^, without further xm:ce", demand mu",~~",.
<br />�
<br />NON-UNIFORM COVENANTS. Borrower and Lender further m=.°m and `pev°°mx.^.
<br />� m. Acceleration, Remedies. Except as provided m paragraph n hereof. upon Borrower's breach w any covenant .,"ltree"=","r
<br />'
<br />Borrower m this oreuw,m°. including The covenants m pay when due any soon secured w, this Deed m Trust, Under prior ,"acceleration
<br />°�n"=*""ummo������"~mmmv"n�mv�wx��,�,�w"m.��/,x~�°=�u..n.00�o°"mw�"�m*.��, ^~mm.'a°
<br />� -
<br />date=^��^mmmcm�.r��.u,o"m"r=��m��mawm*""~",^,°m"w��*v°�*m°*m"""�a;�a(w,m^,ma.�w""=.",h
<br />� , �
<br />breach "°", before the date specified m the notice may result m acceleration "rthe sum secured m, this Deed "r Trust and sallem the Property,
<br />^
<br />The notice shall further inform Borrower "r the right mreinstate after acceleration and the right m bring a court action m assert ^m"non-
<br />eallstruce of a default or any oiner defense of Borrower to acceleration and side. If the breach is not cured on or before the date specified /"the
<br />`
<br />notice, laram,*/wudo'" option may declare all "r the sums secured », this Deed "o Trust mo° Immediately due and payable without further
<br />de"awmmal may invoke the power ",sake and any other remedies permitted w applicable low. Lender shall w=ouedm coiled all reasonable
<br />costs and experts" incurred m pursuing the remedies provided m this paragraph 1m, including, but not limited to, reasonable attorney's fees.
<br />' n the power °rsam/" invoked. Trust" shall record " notice "' default m each count) /" which the Property ", some pall 'lrere./*/ne°'m
<br />and °kaRmail copies wsuch notice mthe manner prescribed bv applicable +°.°Horroise. and w the other persons prescribed by applicable
<br />^ low. After the lapse w such time as may ^" required o' applicable m°. rro°°="mu'gi."v°wm' notice "r sale " the persons and m the manner
<br />�.�
<br />nresscribeu* applicable low. Trustee, without demand °n Borrower, shall sell the Property a. pubic auction * the highest bidder "' the time
<br />=mpyice mad under the terms designated in the notice of safe m one m more parcels, and u such order as Trustee may determine. Trustee m~
<br />�
<br />postpone safe a all ", any parcel m the Pr°pe",w, public =°~"",o°"^°, the time and place "/ any previously scheduled sale, I.ew,,°,
<br />m°mer'" designee may puwo*~ the Property ", any sate.
<br />U pen receipt "/ payment ", Ike price bid, / roster shall wm." it, flit purchaser r"*ce'~ deed conveying the Property ""w/^.,rw"*i"
<br />| wwT���°a�d s�m*p"u"wmo,^�"�",m='�'*.f'h°°ww�~^"a�'w�".r=^m^�° °vv*.�,~,ro ",/�"�*.^r
<br />��_' following order: 4".w all reasonable costs and expe°se°m the ale. /~hau'"m. hill °* limited lo. '°°m~*` fees "/ not more than
<br />of' Ike gross va* price, "vas°naw~mu°ft,'"fr° and "mb ofmx.id°m"./^'~""su"°ecu"**'u" Deed w»°w.""e,,.^h,.~," m
<br />=~, to low pev~m°prviom IrKal`=*ned«ie"1"
<br />11# mtw~=° , Right .w°mm°. /,"*. '*vd ,.:"°./u."'."
<br />ire .�w°�`,�,r,`,o.�`��"*/,"m..,�/'...'^^,a^,.
<br />,�.�~'r"^,"=�,.wr~""'=^'^�'�'"*='~`/��'`/
<br />
|