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<br />r <br /> <br />84 - 006821aOC <br /> <br />~y this Deed of Trust immediMdy prilX to the ~ of lakinll bears 10 tile fair market vlllue of the Property immediately prior to the dale of <br />takil1&, witb the balan<:coftheprocccds paid 10 BoITower. <br />If the PropertY is IIbudoood by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a <br />clajm for damaps, ~ fails to rwpond to Lender wilhin 30 days after the dale such notice is mailed, Lender is authorized 10 collect and <br />apply tile proceeds, lit Lcodar's opcioo. citbcr to restoration or repeir of lhe Property or to the sums secured by this Deed of Trusl. <br />Unlea Lender aud ~ odlenrise...... in writina. MY such application of proceeds 10 principal shall not extend or po&tpODe tile due <br />dale of the motItbIy iMtallmalts rcfcrmlto in ()lIllIIfIlplu laud 2 hereof or chanae the amounl of such installments. <br />It. a...- Nee........ E!nalsion of the rime for payment or modification of lUIlOl1izlltion of the sums secund by this Deed of Trust <br />III'l\DICd by Lender to lID}' SlICCCISOr ill intereat of ~ shall not operate to rdease, illllDY _, the liability of the ori&iDIlI Borrower aud <br />Borr\lWCl"'s SlICCCISOrS in intcnm. Lcodar shall not be required 10 commence proceedilll5 aplnst such SlICCCISOr or refuse 10 extend time for <br />payment or otb<<wisc modify amonizadon of lhe SlIIllS secund by this Deed of Trust by reason of any dcmud made by IIle ori&imd ~ <br />aud Borrower's SIKUUOfS in itderat. <br />11. FlW....._ bJ LiIlIlIIr Net a Wa:lW. Any forbearllllCC by Lender in exercisil1& MY risht or remedy bcmmdcr. at' odlcrwiIe afforded <br />by applicable law, shall not be a waiver of or pndude the exeraK of any such rillht or remedy. TIle prll4."III'emetlt of instmIACC or tile pa)'DMftt of <br />lUC$ or other liens or charses by Lender shall not be a waiver of Lender's risltt 10 accelerate the maturity of the iIldebtcdtless 5ClCUl'ed by tbis <br />Deed of Trust. <br />11. ...... C D L I Ih",. All remedies provided in this Deed of Trust are distinct aud cumulative to uy other riPt or remedy UDder tbia <br />Deed of Trust or afforded by law or equity.aud may be exercised concunently. independcI1tly or successively. <br />13. s.--. ... AIIIIB IIe8IId; ....... s.-w UeIIIIty; CapIIou. The coveDllllts aud qrecmmtS ItcRin coataiIIed shall biRd, llIIII <br />tile risJtts bcmmdcr shall inure to. lhe rcspcctive suca:ssors aud assians of Lender aud Borrower, subject 10 the provisions of pv8II1IIlb 17 <br />hereof. All COVCIlaDlS and lIII'ftIDCIlU of Borrower shall be jntnt aud several. TIle captions and hcadinas of the ~ of tbia Deed of Trust <br />are for convcaieDce ooIy aud are not Ie be used 10 intcrpm or ddine IIle provisions hereof. <br />14. Nedce. Except for lIDY notice requiml UDder applicable law to be lIivttl in ano\her _, (a) IIIDY notice 10 Borrowcr pI'O'ridccl for in <br />this Deed of Trust dlllll be siVm by m&iIiDa slldt notice by certif'1Cd mail addressed 10 BoITower at the Property Addres5 or at such odIer ~ <br />lIS Borrower may desipa&e by notice 10 Lcndcr u provided herein, and (b) any notice 10 Lcodar shall be an- by ccniflcd mail; mum rllClCipl <br />requated. 10 Lender's address stated hcran or 10 such other address a.' L~-nder may daipate by notice 10 8Drrowcr IilI provided IItniR. Aar <br />notice provided for in tbia Deed of TlUIl sllaII be deemed to hav~ been given 10 Borrower or Lender when ~ven in tile _ d....- 1IIrIiR, <br />15. U.w- 0... of n.a; ~ Uw; s..._.oMIt).. This form of deed of \rUst combines uniform ~ for ~_ad <br />non~umform .nvftlantl. with limitMi vanJltVlIlI: by illric.dictinn to ,~on~itl1rt:'.:It. IJniform securitv iJlSlJ"lJ.mf:R1 coverina: real D1'ODIl1Y.. 1'1ds.PI!ed".or <br />Trust shaH be governed by the.... of the jurisdiction in whid1lhe Property is located. In tbe event IbatllDY promioa or clause of tbiaDlld of <br />Trust 01' lhe Note conflias with applicable law. such conflict shall nOl affect other provisions of this DIICl:I of TlUIl .,.. tile Note.....__ <br />given dfe.:t willlout the COAt1ic:tiRa pr~ision, and to lhis end lhe provisions of lhe Deed of Trust aud the Note are dcdamIlO be--we. <br />16. ....,..... c.p,. Bonowet sbaU be furnilbed a conformed copy of the Note aud of Ibis Deed of Trust at the lime of eucutioa or <br />iIIf~u recordation IIcreof. <br />17. T,..,. of.. ,.,.,..,; A ,daa. If all or any pari of the Property or an inlerest therein is sold or trmsferred by Itonower <br />..ilbout L.ender's prior wriucR consenl, excludlil1& (a) tbe ~ion of II Uen or encumbrance 5\Ibordinat~ 10 lhis Deed of Trust, (b) the cradoa of <br />ill purchase money security interat for bouschoId appliances, lc) a Irander by devise. descenl or by operation of law UJlOD the cIceth of. joint <br />u:nanl or (d) lhe aram of uy IcuchoId interell of Ihree years or less not conlllininl an option 10 purchase, Lender may, at Leader's option, <br />declare alilhe sums secured by lhis DIICl:I of Trust to be immediately due and payable. Lender shall have waived sucll option 10 aa:d<<a&e if, <br />pnor 10 the sale or tralISfer, Lender and the person 10 whom lhe Property is 10 be sold or transferred reach qrcemect in wrilll1& that the cndit of <br />such person is satisfactory 10 Lcodar and tbat lhe iRlCl'Clt payable OlIthe sums secured by tbis Deed of Trust shaH be at such rate u Lendcr shall <br />rcq~t. If Lender has waived the opIioo 10 a.ccdcrate provided in Ihis PlII'aaraph 17, aud if Borrower's SIICCCMOf in interest has exCCldftla <br />"TiIlCll ,,,,,sumption qreemcnI accepted in wriul1& by Lender, lender ,hall relcue Borrower from all ob1ipIiom; UDder lhls Deed of Tnmad <br />lhe Note. <br />H Len. 'T excrcisa such option LO accelerate, Lender shall mail Borrower notia: of acceleration in lICCOrdlIIlce with parqrapIl14 bcnof. <br />SuclI noti<<- > '. all provide a period of not Ies& lhan 30 da)'i from tile dale lhe notice is mailed wiuIiR whlclI Borrowcr IIllIY pay the _...... <br />due. If Borrcno 'T fails 10 pay such SUMS prior 10 lhe expiratioo of such period. ~~l-.~.=-~ or ~ 08 Borrcww. <br />invoke any rcmcuia pcrmitlcd by par-.raph III hereof. ... ., .. , ;~ <br /> <br /> <br />.::o(-,;k1'". <br /> <br />L <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further cO\lenant and ...... uf'o11ows; "" . <br />11. Au......;....... E-.e .. ....... HI p&nIJlnIIII17 1IInof. .... ~'. --.. of IIIIJ co.- or ~JUIlJlI of <br />~ IA .... ... of TrwI. ....... .. ~ Ie JIIIJ ... He IIIIJ _....... ." UIh ... of TnIIIt. ..... ....... Ie II I( _I. <br />sW .... ...... Ie ~ .. ..-.... .. ,.,..,.... 1411enef spedIytq: (1) .. --..; (1) .. ..... ........ Ie ... .... IINMIt; (. II <br />.... ... ... .... Jt.... '- .. ... of ..... .. ....... lellemnrcr, ",. ...... .... --.. .... ... and; ... (4.1f1at ,..... to... .... <br />--.. .. or W-.............. die ...... .., ...... .. ,"",*,dor. of .. _ ___ bJ dill 0eId of Trust... ...... PIvprrrtJ. <br />11Ie ...... ..... ,..... ..... a...- of .. ..... to ....... .,. .-.... lIIIlI .. ..... Ie .... a CMft ... Ie __ .. _ <br />....... of a...... or IIIIJ..... *'- of"'-'-Ie ~""'lIIIlI_. If.. "'-t: fa... ctmId.. or W_................ <br />...... IAeter lit ....,'. ....... .., ...... . of .. _ ___ ",. lIIIa Deed of Tr'lIIIC Ie ... r 1 III-Ud, Hellllll ...,... wtIlItmd ........ <br />~ lIIIlI.., 1ImIIIe..,... ...Rltllllll.., .....,...... ~ lIy IqIIIIIealIIe law. ...., SW........ Ie aIIacI. ,.u.u_h <br />00lIIM lIIIlI....................... die................................ II. ........IIe.... UIIlkecIIe, nu....'. ........,'. '-. <br />lf .. ,... of _ II .......... TnIlItalr..... racwd . ..... of ...... kI .... CGUIlty kI ...... tile ,.,.,.., lit' _ JIIIf1 ......... " ...... <br />lIIIlI sW .... CflIIIM of .... ..... .. .. _ .......... ",. IqIIIIIealIIe Ia.. Ie ...-.- ... 10 tile ..... ...- ,..mw ",. appIteIIh <br />..... ..\her 1M ...... of .... .... .. .., ... .......... bJ 1qIIIIIealIIe...., T".." ..... ... ..... ..... cf .. hi 1M ...-lIIIlIlA .. _ <br />.......... "'............... TfIBIM................ a...-...... d lilt Pmperty lit..... ~ Ie tile............. It...... <br />.. .. ... __ .. .... ~-'lt II. .. die ..... of RIt IJIl _ 01' _ pam!.U ... .. .... ...., u rfIBIM .., ...... TnIlItalr mtIJ' <br />~ .. of . lit' .., ......., .. Pmperty bJ ..... ...UIIlIu_at lI' ... a-lIIIlI .. .f .., ~ ~ _, IAIIIIer lIf <br />,.....'........ .., ,.,... die .....,.., Ill.., _. <br />U,.. ,...,. of PIll-' of *.... .... 'r..... sW ddmr 10 11M ~ y"..,,'. .... ('..~ 1M l"nI\m'ty 1ItilN. T1le I1IdtlIIIkl <br />die r.....'..................,.......... of * 1.1IdIof tilt ~ IIIaft IbefetII. '~sW 1lIIIl1'" ~ of die RIt kl.. <br />..........., Ill'''. '_.....l 00lIIM lIIIlI..-..f.....,~. but HI UIIlkecI.., ~'. '- of HI _ ...._....,~..........Ofo <br />of dIe.-.. ...., Ill..... I atl .....,'. J_ _ 00lIIM of ... .~; (iii) t'l . _ namI ",. _1__ of '1'I'1I1II; _ (tl ... ._. If <br />aIIIJ.. till 1M ..-.. or...-...... .....~. <br />.... ~'. ..... hi........... NOIwilll'll3ll<ho:t<< Lefldfl', "'X<k'''fi''" uf 111" ""''' _..red by 11m t-..J oj rn"l, 1k"",W<'f .kall hav" <br />'~l~ ,,, !lilv" Il~ Ilf~. ~ h...I~1I<Mt 10 ml<ilf"" lh.. I~ 01 ., ""I \JIJ,n,nHl'uro "' any 1"11<' llf"" '" 1M ""Ih", to ."'.,'" or (l)the <br />nllll <lial briou 1M'" ,,111M 1'r<il1l*lY pur..ilIIlllu Ill<' llf)-' of ....i< ,onl~"W\l on 11Hi ~ <>1 'I..", ,,'f (I1~ <Otr~ 01 . ",dll"'''f'lf rt,I"ICll1l!lllu, <br />!~ of T...", if: 4!1l1 ~f<_ !'Itl" L~ 1111 '\I"'" will>:" ...",kJ be ,11<'11 01". ''''00' lht! f)re(lol hUN!. the N,,,, :11"\ ",~" ";'\'U[11111 hJIU,r <br /> <br /> <br /> <br />-1 <br />