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<br />84 - 006447
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<br />'Irustee. without demand on BOIT<l."'r. shall sell the Property at publac auction to the highest bidder althe lime and place and under
<br />[he terms designated in [he Nlllkc of Sale in one or more par.:els and in such order as the Trustee may de[ennir,e. The TruslCe may
<br />postpone sale 01 all or any parcel of Ihe Propcny by public announ~ement at the time and place of any previously scheduled sale.
<br />Lender nr Lender\ designee mill' purchase the Propeny al any sale,
<br />Upon receipt of payment of the price bid. the Trustee shall execute and deliver to Ihe purchaser the 1hJstee's deed conveying
<br />the Propeny sold without any covenant ,'r warranty. expressed or implied. The recitals in the TruslCe"s deed shall be prima facie
<br />evidence of the lruth of the stalCments made therein, Trus[ee shall apply the proceeds of the sale in the following order: (a) 10 the
<br />payment of all c('Sls and expenses of exercising Ihe power of sale and of [he sale, including. hut nollimiled to. TruSlCe's fees actually
<br />incurred; (b) 10 the paymenl of all sums and obligalions secured by Ihis Deed of Trust; and (c) the ellcess. if any, to the penoo or
<br />persons legally entitled thereto_
<br />17, BorroWff'S IUpt to Reinstate Under Power of Sale. Notwilhstanding Lender's acceWration of the sums lleCurcd by
<br />lhis Deed of 1l'usl. &rrower shall have the righl to have any proceedings begun by Lender 10 ~ this Deed of1hm~
<br />[0 the power of sale contained herein di!.Cnntinued. as provided by law. after the filing for record of !he Notice ofDl:faultablwe
<br />provided if: (II) Borrower pays Lender all sums which would be then du~ under this Deed of Trust, !he Note amlootes ~,.,f\mIre
<br />MVlIIlICes. if IIny, had no acceler.dion ~1CcllJTe.(L (b) Bon'ower cures alllm:adlCs of IIny odler covenants or ~ ot.~w<<
<br />comained in this Deed nf Trust; (c) Borrower pays all costs and expenses incurred by Lender lllld 1l'usu:e in ~ !he.~
<br />lllld agreements of Bom,wer contained in this Deed of Trust and in enforcing Lender's lllld 1hmee', remedies lIS provided in ~
<br />16 hereof. including. but not limited 10. TruslCe's fees actually incurred not ex.ceedillg it! the aan:g* fifty doUan oronclmlf:of
<br />one percent of the entire unpaid principal sum secured. whichever is grelllCr. lllld Lellder's auomey's fees; ami (d) ~.'~
<br />such action a., Lender may reasonably require to assure that the lien of this Deed of TfWit. Lender's illteRSt in dIis ~.
<br />Borrower's obligation h1 pay the sums secured by this Deed nf Trust shall contintlC uni~, U~such paymotlt _ClURby
<br />Borrower. this Deed of Trust and the obliution secured herebv shall remllin in full fnrce aad effect lIS If 00 ~ W ~,
<br />If af!cr Lender's acceleration of the sums secured hereby Li:nder de~ts to foreclose this Deed of 1hm in the .- ~ by
<br />IlIW for the foreclosure of mongag"s nil real propeny. BomnH'r shall have such righls of rei~ lIS may be provided by suda
<br />applicable law. if any-.
<br />18. AlIIipmeDt of Rent!;; Appoiatmmt of Receiver; l.eader ill ....._8R. As additional security ~, a--
<br />hereby assigns to Lender the rents and income nf the Pwpeny. provided that Borrower shall. prior to accder:!dion WIder ~ l~
<br />hereof or ahandonmem of the Propel1y, have Ihe right In ""Ilcet and retain such rents and income liS they become due -~,
<br />Upon acceleratIOn under paragraph 16 hereof "I' abandonment of the Propeny.Lender, in perso8, by IlJlml or by ~
<br />appoiflled receiver shall be entitled In enter upon, lake ImmeJlak' posses,ion of and manage the Property aad to coUect !he nmtso{
<br />the Propel1y, including those plISI due. All rems ,'ollected by Lender or the receiver shall be applied fint to paymmt of 1I1e CI.llIt5 0{
<br />man~men! of the Propel1y and wUection of rents. induding. butno[ limited to. receiver"s fees. premiums on ~oceiver\ boaIb_
<br />lIU<>rneys' fees, ..nd then to [he sums ..ecurcd by this Dc..>d of Trust as proVIdc.'lI in plll'ilgraph 3. Lender and the receiver sW bit liable
<br />to ac.:ounl only tor those rents ",.tulIll), recej.ed,
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<br />: ';, :'lo~.;... .....:~._~.;,;.;.... :':r-'.~ ....~:...._..: ,.:- ~.-~=;::.,-' ::.-. ~.:'::~:-. ..~ ._.-....;. . ", ".;--t;~~_, .f'.. ..~ full ~"""v~~!olnr.@l of thP ~ Iw
<br />Trus!ee to Sorrnwer, may make Future !\dvilnet:s to Borrower. 50ch Future i\d\'ances. with interest thereon, sMJi be lIClClIRCi by dIis
<br />Deed 01 lru..t ",hen evidenced by prnmis"ory noles slating that 'lIld notes are secured hereby, Except lL~ may be otherwise JlIDVided
<br />III panogrllph Z4, .al no lime shall the pnnt'ipal amount of the indebtedness secured "y this Deed of Trusl. not including - ~
<br />Il1 ",c(ordancc herewith 10 prote(1 Ihe st:clIrit) Ilf [his Dt:ed of Trust. t:x.ceed the original lImount of the Note
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<br />plus '\. 27 .300.00 .____._.___,____________
<br />~O .4cc:deration l'pon SIlk- (If' Tranllfer. If all "r any pall of thl' Propeny or an interesl therein is sok! or it! any way
<br />transferred IllldU<ling. hut not lllnlll-..J 10, Ihe ~ranting of a leasehold mteres[ containing an (>plioo 10 purcllllliel by Borrower withouI
<br />[.<'nder-, l'mlf "ollen .oment. Lelll.kr rn~~ ..t Lender \ "ptinn ol'dar,' all sums secured hy Ihis Deed of Trust to be j~y due
<br />..nd p"yank, together" Ith lfl1l'rt:Sl 1hereon a, hercinaho,wc pnwld,'d
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<br />2 I Ream\'t::tIUK'e. 1.'1.on pay-menl oj all ,ums secured oy- Ihis [It.'cd ,.f Trust. Lender ,hall request Trustee to reconvcy!he
<br />Pr<>penl' and shall surrender thiS Deed ..ilrus' .md all nOll'S eVlderKmg mdebtedness s<<'ured by this Dt-ed of 1l'ust to Tnmoe,
<br />Trustt'e shall re,'onvel' the Pn>pert\ wllhoUI cnvendm or "arrant' and "nhotll ,'ha~e \0 the persun (II' persons legally emilled 1I1ereto,
<br />Such f'<"rS<Hl or f'<"N'Il' shall pay .III "'''I' (lj r",ordaTlon. If all)'
<br />2: ~ TI1Utft. 1-<':11.1"", a' L..-nder\ ''PlIOIl. !lid)' from lime tn mile rellllWe the TrulJee and appoine II soccesliOl'
<br />trustee to any 'lruslee "pJ"'llItt:d hl'rt:ull<lel 0)' "" lIl"lrurn,'ll1 ren.r.leJ In any county III whIch Ihis Deed of Trust is rel.'ord..'d. WidKlIlt
<br />"'l1ve)'''IKC nlth... Prope'n. the 'Ul,-C"OI If'll,'lee ,h,,!J "Kc,'ed h' all rhe mk', ,wlhonlY, power ami dUlies nmferred Ilpon the 1tu~ee
<br />named h"r...m al1d h\ apph(ahk jd" '\,'Tlc<' "f suO,tllllllOI1 ..I lhe Trustee ,hall"'-' ~,I'-en III the pt'ro.ons and in th.: manner as provided
<br />,. _ ."t>lll'at,k !""
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<br />~ of Paymc qt. If Ihl' PM"!,'''ph :' ,1 I' n"l ,rm'hn HI ", ,'ntlrl.t)', Horro....,'r agrl'e, Ihlltl-<':Ildcr shall. lInd Borrower
<br />herd" "lIlhorue' th... I.clHkr 'd. .Iulotllallcall\ withdraw thl' month" ,,"t..II!1wnls rrkned In In paragraphs I and 2 hereof as tllc
<br />"'1iIml~ f;e".:~\nk" dut.' fnwH th'i." Hl'fTl.'w~..r ... .h'~'HUn1 \.\Jth .1 h~lH~1fl~ pr tlo;;Ul.:!al tfl'"titutUlfl. v..hich ~(','('!Un( Bnrrny.,er agrcc"!\ at ~n tifflt"
<br />hert~ufkit~r ill ...t"t."P .H'l.J nunntitUl tl tl ....th:h purpt.)....l..
<br />24 A~ Raw; \'ariabk' Rate. The N"te "-,,ure" b, Ih!, De,.J ,,11msl wiliams a provision Ihlll allows the i!tklrelit
<br />rate ,.. dl.mlle p<'w.oKail; The "uhlanJlllj! pmkip<ij halan,-" "f thc I"llll "ill IIlncase jl the monthly paYIIlClllS made lire not in lm
<br />lImOl!!ll sllln;;lefli 10 pa. mleresl then Liu,' 10 slli;h <"Vcnt. ,'ilCh mOlllh the unpaid llllerc'l ",III be added to lhe pnociplll ballmCe due.
<br />am! htlutlC Interest Wilt !X' ,har!lcd "II SIKh nalafln' all as rn,'rc palll<'llillrl) ,et Inllll m Ill(: Note. The NOle funher provides tWM,
<br />UDder l'CfUun tt'rnl1&lon.... tht' otJt:".lanumf' pnn"':lpal haJant.i.~ !,flnl lndudm~ ...,um.... .H.!vam.:ed In fK~Ctrd.aocC herey.;i1h to p<<"lt.C(."'t t:tx ~unty
<br />,>{ iJ'lI' Deed "I Trust I mllY "<lual. but ,h'IIII1<1Hr n"','J_,, rnll"tnUfl111rtln,ml <''lual tn "l>e hundred Iwcllty-.liv<' p<."f,'em I, !1:'i"') ..j lhe
<br />"f1!1lfl-,,1 rr""'f'i'1 "l1PUfll '" Ih<,'''''' .dl "' v. hl.i\ "llll' I"~clh<'l \\ 1111 Inl,'l'l."l shail be ''''-Uf'{'d h\ thIS f).x'd "j-Trusl
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<br />" Wll "'~...S WHLRH II 'h..' nI'TI"",'r h.., ,"",IJlnllfll' lk,'d .,1 !ill '.1
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<br />~~~les G. S~ad.~ Jr.. S
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<br />~ht, P~lhll ,HId l;lf .1l,J f .'I)I\!\ I"t.!'"l'lld;h ,JlH\' I..aJ:ry A. Millen:, Pre.ident And C2Mu'lea G..
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