Laserfiche WebLink
<br />84 •-~ 001-~'~ <br />9. ('ondemnatian. The proccr+h of :un awned or ~latm kx damages. direct nr conscyuenuai, m connection with am <br />rnndemnation ar other taking of the Property, or part thereof, nr for convr}•ancc in lieu of eandemnatian, are hcrekay assigned <br />and shaif hr paid to Lender. <br />In the event of a total taking of the Property, the proceeds strati he applied to the sums secured by this Deed of Trust. <br />with the excess, .f any, paid to Borrower. Fn the tven[ of a paella? taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, theca shalt he applied to the sums secured by this Deed of Tnrst such propcanion of the proceeds <br />ns is eyuat to that proportion which the amount of the sums sceuced by this Deed of 'Trust immediately prior to the date of <br />taking taaars +n the fair aaarkr.K value of the Property immediately prior ir+ the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Property is ahandaned by Borrower, or if, after natfce 6y Lender to Borrower that the condemner offers-tomake <br />an award or scale x claim far damages. Borrower fails to respond to Lender within 30 days after the date such notice is <br />mailed, Lender is avthnrtted to collect and apply ttte praceeds, at Lender's option, either to restoration or repair of the <br />Property or to the sums securest by this {wed at Trust. <br />Unless Lender and Barrawrr othetwisc agree in writing, any such appt3catian of proceeds to principal shaif not-extend <br />ar postpone the due date of the monthly inswtiments referred to in paragraphs i and 2 hereof or change the amaum of <br />such instaitments. <br />l0, Borrowes Nat Released, intension of the time far paymezxt ar medificatian of amortization of the sums secured <br />by this Decd of Trust granted by Lender to arav successor in interest c+f Borrower chaff not operate fa release, in any manner, <br />the fiabihty at the original Borrower s+nd Borrower`s succrssers m interest. Lender shall oat' be reyurrrd-tacommencc <br />pracetxtin_rs against such suceeswr or refuse to extend time for payment ar otherwise modify amortization of. the sums <br />secured by this [?Beef of Trust by reason of any eiemand rradc lay rhr nriginat Harrower and 8arrawer's siucessnrs in interest.. <br />11• Forbearance by Lender Nat a R'aiver. Any farb~araacr fay Lrndcr in exercising nny right ar remedy hereunder, ar <br />otherwise afFnrded tay~ appticab{r law, shall not he a waiver of ar preefhdr the exrrrisr of nny such right or remedy. <br />the prarurernent of insurance ar the payment of taxes er other liens ar charges hp I.endcr shall oat he a waiver of Lender's <br />right ro accelerate the masurtry of the mdebredness secured lay this Deed iaf Trust. <br />12. Remedies Cumulative. Ali remerfics pnrainfcd in this fkred of Tnrst are disunc[ and cumulative to-any other-right <br />ar remedy under rhfs Deed of Trust or afforded by isw ar ryuity, and may he exercised concurrently, independently ar <br />successivelyy. <br />13. Surcecstrrs and Assigns Hmmdz }ant and Several 1.fahitit}; C.aptiottw The covenants and. agreements. herein <br />wntained shat( hind, and the rights hereunder ,hail inure to, the respective successors and assigns of l.cnder anrf-Bocrower,_ <br />subjte[ to the proJssians of paragraph i 7 hertnf, Alt covenants and agreements of Harrower shall be faint and severs}: <br />The capuotu and headings of the paragraphs et this Dard of Trust are foe cranvrnienae only and are not tta be.-used-~[o- <br />interpret or define the provisions hereof. <br />14. .'-Votive. Caeept tar snr aahcr reyurrrd under appheabft ±aw to ire given in another moaner---(Al any notice-ta <br />Borrower provided far in this LTecci at Trust shall k,e given tali mailing such nonce by semfied mail addressed fd$drrower at <br />the Property Address or at such other address :is Borrower may designa+c by notice to t.rnder as provided herein, and <br />tb} any rrohre to Lender shat! tae given Uy certt€3ed m;rif_ return receipt rrynrsted. to Lendtt's address stated-herein or to <br />such other addres as Lender may des+gnatr !,}~ ncrticc m Burrower :cs provided herein. Any notice provided for in this <br />Deed of Trust shall he deemed to Ftavt iaren ¢tven to Barre+wer or Lender when given in ihr manner designated herein. <br />15. Uniform I)red a#'I rase; Governing I.aw; Srvrrnbfiiky. l~hrs torm of decd of trust comhincs uniform-covenants for <br />national use and non-ua~ferm aavrnants wuh hooted rariatmns by nrnsdactian iq rnnstitirie a uniform security instrument <br />srn=rting real property. Thu Detd of Tt ust =.h.:ii H~ gaccrned by thn~ law nt ;hr furisda~tian m which iht Property is }txated, <br />in the eveai that any pruvrstan r,r douse a{ ihts C>evd s3 trust or the 3totc .:enitlcts wrth apphrahft taw, such conflict shall <br />no+ aifecC athtr prayrst<n+s aC this DraYi at 'Ernst or the Note :vhrch acn ta• given etTect withc,ul the cortflieting provision. <br />and to this end the provisions at the L}c-t:f nt T'rrrst anti !hr 'late .ac declarant t.+ hr sevtrahft. <br />l6. Borrvwrr's Copy, Bonowcr shalt t+c turn;shed a .aofornud ,np} :,t the ?rote and of [his Deed of 'trust at the timE <br />at execution ar otter ratordatton htreaf. - - <br />17. Trass4rr of the Prnpetty: Asswnpfion. !t akt r any pa+t ref iha Proin.tty ar an interest therein is said~u rransferrcd "'- <br />by Borrower without Lender's prior wnaen .atEienr, occluding tH} [tae crranott of a fitu.nr ehcumhraxz subordinate ice <br />rhfs Dned of Trust, (6i the creation of a purchase aa+eary sre:ura~r ualerest f`cw household xpptiaeces, i, i a teen§fer by devise, <br />descant ar by apecation of law aeon tttc des+h .,tai+rrnt tenant oe - <br />_ - Lr+tdtr mav, ;tt Lcndrr"s apfi sn, Jtctara aft tht nu>iz e .urn L+, this ircd ct Trost ra be <br />immediately due and pa.yabir. 1 Bader sha~tt ha c agferd ouch ~[ rr to ucccleratr if, poor it rho. ,.uo c r trnn+te r, Lender <br />and tix person to wham chc Property is [a~ ht s ofd «, trans#::rred reach agrt^eratant in-wtiang thee:-tf+ r iii of such person- - <br />is satisfacfary tsa Lender and that tht intrreat parable an t?tr stuns ,ecured h}° thix Deed of Tnust ;:hat, u• at such rate as - <br />Lendrr shalt reyu+~st_ ff Lrndu la,es wai++rd (tae oaten t;- - _ r elute provided in this.panagi'aph--i 7, and if Borrower's xuecessetr°= <br />in iater+st has executed a weitmn assumption agreeneent acctpted in wruing by f_endrr, L-ender shat! ra•Ica,c Borrnwcr.ltuot-- <br />aH obfigatrans tinder th+s Decd :, Trust and the rvizrc. y - - <br />lf F.ratdcr cxercit-s +uch apt an to as f tat^. t.rndtr shat] ma+i Barrawrr naticr nn~sceek(~ 'Sb~Rnia7te with. <br />Paraggraph f4 hereat. :iue}t notice chaff proctd -- err{ad .t ne,t less than iii days from the JitrlL~F~~c is mailed within - <br />which Borrower may Fa} (fat sums declared due tf Harrower {:ids o ixa} such runts prior t:a:tlldetlpiratlon of such p't~1, ibz#,, <br />Lxndar may', without #urihtr nonce er dtntand oft Berrvwae. snsrd.c ara~ remrdai ptrmitteai ha paragraph 18 hereof. <br />Nov-ff~trea+t C.tSVexxnts. BcrtY'iwrrand Lcndrr funhrr revenant and agree as ~atlo•.vs: <br />l8. Aceelerstion; Remedies, txrrpt as praxidrd .ia paragraph IZ hereof; upon Barraweis breach of an> rorenat ar <br />trgreetnent of, Harrower in l61s 1)red aC Trust, inrlud[ng- the rosrnants tri pay whrn_dut aav sums secured by this. Deed <br />of Ttvst, l.enrler prior R+ actekratirin shall etitdl mrurr is Ho[rr,wrr as provided in parograph~A4,herraf peclirhrR: 1 q the <br />breach; ia) tier arfian reynired to cure such breach; (•li a date oat less than 39daya frata•Ihe dafe-the awicc Lc mailed to- <br />sorrowcr, by which such Lwrarh must be cured: and t9) that tailorr iocurn such-Areach.onnr-before-.the dale specified <br />ik lbe troller awy result in aerelerstlan of the soars srcored 6y thLv ITgrd of 'Crust sad-sale-af (tie-Prapajt3'• Tfre notkr~ <br />si~R futiher Inform Harrower of the rfghl to reinstate after acceleration-and the right to brfsq- a rout( aN)os to avfatt- <br />tbe two-ralstet+rr of a drfavB ar any other defense of Narrower to acceleration sad sale. If:the bmftrh:is-.opt rgteil~ <br />aw or 4eforr iha Hato specified in the natter, l.radrr at lxnder's aptfon may declare all~vf'.the. sumssecured-b} fhb peed' <br />of 7'rasl to be immediately due and payable without [nether demand and may invoke the pawn uCsaie and-any other remedies <br />permitted, by applicator law, tender shaif be rntftled to coBtN all reasonable cosLta and.-rxpetrses incurred--tn -patsufat fAe <br />rereedies pcav6ded in this para;r+tph 18, lndrrdiaa, but not limited kh reasanaMe attorney's fees. <br />!f the power of sate i$ invoked, Trustee shaif record a naticr of default fn rash Bounty in-which the Property -or some <br />part [hercaf is located and shalt mail copies of sorb notice in ihr manner prescribed by applicator law to Harrower sad to the <br />Mber petsaas prrsrrlbed by appliraWe law. After the lapse of such t#nre as ntny be required by applicatoe law, Trustceshtill <br />P.!iva puAlir rwlire of lair to the persons and in the manner prtxeribed try spplieaWe law. 'I'rustet. without demand an <br />•totrowcr, siWtl'srB the Property at public auctfan to the bfghrvt bidder ai the time and place and under the terms designated <br />is the tlgtire of sale in one ar mare parrrlc and in ntrh order as Truster may determine, 'Crustrr may paaarpaae saie,af-.AIL <br />or any parcel of fhe Property b3' public anaauttremrnt at the time and piare of soy previously schrduletl salt. lender ar <br />I~adet ~-dcciguce ~V purehasr_tha Peg rv at am~ s:Ue. <br />[7paa rcce{pt of paymem of the prx~e laid, Trasree ;iWt deBver to (tie Purrhasei Trustee's deed canveyiaq the Proretty <br />sold, The rccNalr in the Tnistee's deed shall br prune f:rair rvfilenrc of the Rntth of -the statl'mttilla mide Ihenin. l'ttWer- <br />ra1~1i aply rye proceeds n( the uk in the foBa, ip[ order: Sa) to all rcasitnable casts.and expenses of she sale, includirtt, Auf <br />+siit Nrrrlted ta, Trustee's Tres of not mare than U f ' ~ of the grass-:sale pri~r.;rrtroonatoe stfdtseySS~fcea sad crllts o/ - , <br />title rvNeacr; lb) to aH cams srcnrNl,hy chi. Decd uF Inist; a:+Q (rltge-rRCesr,;if any!, la•fhe persaa ar prr'sans Mtpdtr catitled. _ <br />tfMrMa <br />14. Eorrnwrri Right he Rriastate.. f`latwanatuncfiny I.c~Hirr`s acsrietatran of ihr sums srcur'rd by this Dtrd of TTtt3tr <br />BaY; tawc~r shall hose the right to ltawt nnj~ ^r,x e2d~nke cgun by L,rndeC +o ctt[ofS Lhia DCty1 r?t ~i`GtfSt di8itantifluRd at <br />-say tirnc , c r t. the c r , ocvttr r f r: ~ the f 7th .lay !y. t i 3 c ..-a ie of (he-Pt'uprrty pacsaaPtt to ehY iu~xfir of fai~4aan+.it+rt! <br />m this lh~d rfln st ar ni~rnt!v ofaRc[iµ4W;t i~.,rn~tg n D!t1;:f Trr.tif: tai Harrower pays Lrtrder set cultic whiets would <br />he then duo ~ r ic: rPs Uu,i t~ i?sist> flea fYtatr and ;:,,: :.rnsg 1'-'nturo q:Evanrr3. ;( ae~, bast no az,crlsr°t~itu+ na~t;urrcd; <br />^hl B+r i,.w , nze; .;K lxr. ,:ix. a! any cat! t =n:.: i ~. of flea; xawer containr.Yi to this iced of Trust: <br />~ti ihr ^w< ; a sit - .,;>!.~ ecxres incanreai by r ; ,u.E l`ri.+ster ire a.nfszrczng the anc°t~statatc anal agrtra.meuts tat <br />[k wc,t i i h Laird , f 'i'ru*f anti ua cap .,! t t,etsdrr s .,±r~ 'F~rtr tr -rents-ci+ea a-. ;ar,ar fcti ,n pa€agr-aph f fi <br />„' + <br />k r• rl ,n,1 I c. - tnru.!l tu. rea~+,a+aa#afc atf. {¢a} ., and 1.+) ftt7t'~rtrgvnr t tuts atkh ,aa-Cx.n as [..ndc^t nt.+v +uv~snalalti° <br />rey+:.:a sa vi 31:+a itan pt tftkv 1~€xal sa "17trst< i >< Jvr's i3!e€r•t +zr tke ft:epestp a,ut llsrrrssn~t'm tattli~.atit>n tc per <br />