Laserfiche WebLink
<br />84 - 001677 <br />9. Condemnation. 'The pnxee Jv of am .n+ard or Maim for Jamagea, dtrrct ur consegtrentiaP, in caftbeetian witty any <br />condemnation or ether taking of the Prvpsrty, err part thereof, ur f.rr ennvcynnee in lieu o(cmtdemfiatiod; :.tb hereby assigttted <br />and shall he paid to tinder. <br />[n the event of a total taking of the Property. ihn proceeds shall lye applied to the rums secured by this Deed of Trust, <br />with the excess, d any, paid to Borrower. In the event of a psrtial taking of the YroperFy, unless Borrower and Lender <br />otherwise agree in writing, there shall he applied to the sams secured b}' this Deed of Trust such proportion of the proceeds - <br />as is equal to that proportion which the amount of the sums sscnred by this Decd of Trust immediately prim fo the date of <br />taking bears to the lair market value of the Praperry immediately print to the date of taking, with the balance of the pcoseeiis <br />paid to Borcnwer. , <br />if the Property is atrandonsd by Borrower, err if, abet notice b}• Lender to Borrower that the condemnor rrBers tomake- <br />an award nr settle a claim for damages, 6nrrower fails in respond to Lender within 30- days after'tlre dafe such notice is <br />mailed, Lender is authnri~d to collect and apply the proceeds, at Lender's option, either to restoration ar~tepair of the <br />Propetty err to the sums secured try this heed of Tntst. • <br />Urthss lender and Borrower othenvrse agree in writing, arty srich application of prooeeds to principal -shall notextend' <br />or postpone ttx due date of the monthly installments referred to in paragraphs 1 and ? fiereof err change tAe, amount of <br />such installments, <br />lN. lorrawer Not Released. Extension of the time far payment ur modification of amonRatian of theaums yecrued~-~ <br />by this fJead of Trust granted by under to anp sec+:ecsnr m intertsr of Aorrowsr shad not operate fu release; iq arn• mttbrtet: , <br />the liability at the original Burrower anJ Aarrower's suceessnn in interest. I.endec shall nai he regtrfrnt to. cnmmetrte- <br />proceedings against such successor ar refuse to extend time fur payment err otherwise modify amtlrtrxafian. of the stpits--, <br />serurrd by this Deed at Ttvst try reason of any JemsnJ made by the original Boreowcr and Bartrnvers stiCCessb_r3 in interest:-- <br />11. Fwlretvante by I.srtdcr Nut •r Waiver. Any Forbearance by Lender in exercising any right or retnedy hereunder or: <br />otherwise afforded 6y appiicafrie law. shah nrrt ere a waives aE or prtxlude iht exsraise of any such"pi~frt or rtnrEdy.. <br />The procurement of insuranw.rr the paynrtnt at taxes err other liens or charges by lender shall one he--a watverof~Lenders' <br />right to aceeterare the. maturity ,rt the indcbtedatss s+.~<.~ured try this Deed of Trust. - - <br />12. Remedies Cumulative. Alt remedies prov~dcJ u+ this Deed of Trust ere distinct and cumulativato arty-other riphv <br />or remedy under this [hvW of Trust or :+lforded t,y law err equity, and may tic exercised canturrently, independmfly "ar. <br />successivd}'. - <br />13. Srcceasrus trod hssigtts Bntrrrd; Jnim and Several ISabilily; CaptMtss. The covenants and ngts:etntnfs herein <br />armained shall [rind, and the rights hereunder shall inure to+. ;Ire respcK:zivt successors and assigns of Lendtr-attd Borrower. <br />subµxt to the provisions of paragrsph .. hereaF Ah covenants ::nd xgrcemen[c of Borrower shag be jcrinF and several. <br />The pptions ami headings of the paragraphs :+f the Dcsd r,f Trust are far camenience only and ace not io be-used to <br />interpret nr de&ae the prnerema_s hereof <br />14. Notice. Except fat any notice rrqurred unJcr applrcaL*te law to be given ui another mantle[, (a). any notice. to <br />Borrower provided fey in this Decd of Trust shah lye given t*y mailing such notice by cenifled mail addressed to Borrower at <br />the Property Address err at such other address .ts Arrrrower may Jesrgnate 4rp notice to fender as provided herein, attd <br />tbt any notice to Lender shnH ere giver by csnztied :nod, return rc~ipt requested. to Lender's address stated herein or to <br />wch other address as [.ender may Jesigaate try nonce tv Burrower as pruvidcd herein. Any notice provided- fair in this <br />[lied of 'triter shalt be deemed to have trcrn given t+r Aorrowrr +,r Fender when given in the manner designated herein. <br />l3. 13nl/urm Deed of Trout Gorernir~ low; SrverabilitY. 1 hn loon of decd uF toyer combines uniform covenants for <br />nut+onal ass an+.i non-unform .averants w,tb UmrteJ +aeiauons hr rsrrrsJ+ctuar tr, constitute a uniform severity instrument <br />:nvering real prvpett>-. -1-his Drexl <,l l7ust ,hail tK gn:ernrd h+ the law of the lunsdmUan in which Tht Property is located. <br />In the event thrt any prowvon ,.r +Ianse of thn Freed ,d ~I ru>I os the Mute unrflmts wnh apphc:+bie law, such eon8iel shaft <br />not aflet<•t other provisrvns of :hu 1)et°J .~{ ,-rue .^r the ~+'rte atuch +au "+e given elfect without the eanflittirtg provision. <br />and to thn end ter ptacrs,ons a! ;ere Decd .~t ;rust cud the 'Nate „rc cteciared to Ix severable. <br />16. borrower's Cop}. Aurtower stm+;; rw out webad a .onR,rnrrd .:,pp at the Note and of this Deed of Trust at the dme <br />+rt cx+r:'.Uktan err after rLtifNdatttHrtl htrcot. <br />ll. Tfaiwfer of the Prupertr; Aetimnptian, t! uli err nos F.+rt of the Yrapcrty or an iuterrst therein is sold or trans(erred <br />try Borrower wufrout Le+tdet~ pert:r wr+tien can,rnt. cschtdtng ~a; the creation of a iicrr nr tncumlrrance subordinate to <br />this Dttst of Trus4 Fhl the creaoex[ ++f ., pruchnss rrranes aecunty irrteresi fur ;;arrseareld ap,liatTees> 1cI a,transfer by devise, <br />descent nr by nperaticrt:+rf taw upon the dtash ct ;.not imam +?r : ~ . - -. <br />- - fender a 'r ".t l rttder~a option, Js+'dare ail tfre sums sesxtred by zftix Deed of Trust to !H:_ <br />imnxdiatety tee acrd txryahle. fender .bah t[s+? was+cJ su::h „ps:nn to a,.:rrferate if, prior to the salt or transfer,-fender <br />acid the pars>zn to whvtn the Pr+,3psrty rs to Mr aolJ err tr,+rxferrrzd reach agrasmeru +n writing chat the ~crulfe of ~;ftth.pcrs4n <br />is satisfacrtary to fender end thst the Interest par-at:1r an ttre >urns sccurnJ Fy thiS Geed of Trust stroll lye at stt5h }'etc as <br />Lender strsfi request if finder has ws+vrxl [hc ,;lx,-.rn w .,. ceiet:+te pca+"rJed rn this paragraph l?, and iF Harrowers successor <br />on interest has rxecutzd a wn[ten auurnptnrrr agreesncm .+ceepted err ;+ntmg hy_ I.cnder, finder shat[ release Harrower from <br />all oWigatiars under slice DcrJ o!' bust nJ he `*-.te. . zY ,€ <br />tY Lender exercises -u+,h ,pt+un tc .,.es rxr teMier ,h-! era I Avrras'~iP ~t ICaI'atinh t7:ntturdaoCe-wfih <br />paragraph 14 hcrevf. Such rmtece hall pwx+-t r per ~aJ +t a i { u lion ?u ~+~~" (bc 1nt the r c ~, mailed within <br />which borrower may era} the soma oevtared Jae IF A+>[r - c• t:+:,s z puv wcli~sdtt'H prftrt r :hr ri p,r i ..n .~( such periacl, <br />tinder may, withart lorries' nonce or demand ea+ Aarres,c~er, rrr+uRe :,ng ramcdtes psrmitte+t try psragraph Ill hernaf, <br />thou-li ntroaM CEroruav t+ borrower nnJ frnJcz tut'ttr°r cu+~rnant and agree as faflou . <br />I.N.:lerekration: Remedies. Except a-> pruvidrU in paragraph 1? hers(, upon Barnxwsr's breach- of any corattwM, w <br />tt~,reeateat of llwrower in this flecd of "frwt, lnrtuding the cnsenants ra pay when due. any surm secured hY th(a 1?atd <br />of Trttsl, fRttder pr3ur to at:rckratinu siwf! nwB nnrier Fu Barrcrwtr as prav~ided in gyagraph l4 hereof spscifyia~t (1)-the <br />Meack: t21 eke action required to tart such breach; tJt a date, oat Ives Nran 39 days from tits dale the ngike is rltailRd to <br />barrorrer, icy which sut6 breach must be cured; and t4i that Failure to erne such heeach oe nr betore the dale apet(li[d <br />is fke twlke mat msdt in accelEratiwr of t#re sums secured by this Deed of Trust and sale of rite properly. TAe tfofke <br />sMab farther ietorm &rrrawsr vF the right to reirrs#nte after arerleration and the right to brigN a court- action Iq ataert <br />eke ngrt-ea+lYtepct of a drfaah ur err} other deisnse of Harrower to accsitratiuu and s:dr. IF the breach is a4rt tuned <br />oa ur 6Efore eke dots spstiflsd in the nutite, Fender at Ixudei s option may declare aB of the sums secured by thk Lleed <br />of Trrsl to br immediiwely due and payatde withwrt farther demand and may invoke the pn»cr of sale and any olker rentedkx <br />ptrwrilted by applicable fa». I.rnder sha0 lx entitled to cvAect all rr•asrrnablc costs and expenses meutred in putsuiaN the <br />mtasdie•s provided M this paragraph l$, inrlmlinpt, ttut not Bmited tn, reasrrrtahle attorney's Fees. <br />U tkt power at sacs k htroked, Trustee shag regard a notice of default to each enuntY in which the Property err some <br />part t4rmf lA located and shag maB copier +af wrh notice in the mantrcr prescribed by applicabM law to bmrowtr and to the <br />direr penra+a prescribed 6Y appBcabie Fax, Alter thr !spas of such time as mat fee reyuved by appilcabtE law, Trustee shall <br />bur paMk mrf3ce of sale to the prtrsoox and iu the [nanner prescribed by appllcablc law'. Trustee, without demand on <br />rorvet, skab seN the Property at public aurtiun to the hiRhrst bidder at the time and place nod under lire tetras designatEd <br />M tkc notice of sett Fn sue err more parcels and iu such order as Truster may Asterminr. Tnrsfre may postpone sale of aB <br />tit naY llr.reel of fke Property b} public antwurrrsment at the time mid plays of any' previously scheduled salt. t.eader or <br />I.Eadrt±s auY.punhaste tbt Pnapen;# aY gray saie_ <br />I.'pnna~ a/ pa}'i!rieat of the price hid. Tnrstre shag deBrw to the purrhaur Trustee's deed conveying the PrnpeAy' <br />volt!. 'tlwe regilrk kt Nte Trtdtx"s deed zdmR ~e prima Facie svhfentx of the tnuh of the statements made iheni4. Trtntee <br />tiab apply Mre7 urteda pE i{Ite sale fn tMt FuBuwr'~ ardor: t) Yo ail rcawonabie cpstx and E,rtpenses of [hit salt, intiurBag, lwt <br />rrt.! IirwMEtl b, rt~kte'te faes.of out taore iMap 1/ 4 O~ ~°"-r of tbo gross sale pdcs. reasrrnable atmraay"s fees asd cash of <br />1MY erWtra; (11 taa# rmatc scrotal 6Y this DeEd at Treat: and #ri the ertressr if err}. to the person err persurrc leNaUx entitled <br />NerEtw <br />10• bwrwwer'a ltiRbt tP Reinstate. ^ivtu+thstand:ng itnJet a :,cceleratic,n o! the: ax,ms sc ur,rd h4' this Drid of l~nrst, <br />burro,. e[ :(,ai! hark ;f~ right to trace ;env pi aeeewling_c begun h} i codex zcr c».forcr this !'hid of ?rest airsa[~artinueJ at <br />my trine pr,ot r~, ibc c,rtier to tour asf t}I tf.e Ntth etas t~~+?[c ttre aerie at piss f"ropcrty pursusni eta the pcvv.e of suk ~onirrmsd <br />- rr>Fhiv Ikcd f 1'. r ..r f errtt~y of a ~ttd,~nrrur cnfttrr•ing pNits 1)rcd r't3" Trarst it: cal Aurrtisrcr psYa l.cnJer alt sams which would <br />fw. thc.r dk• - u.~r t*,, il._J of `i'r[xs4 t.:e 'hio€e sad ra'+d€s ~>ut:ny F'bt;rxe .Advanrx',, rf tin}. bad no e4as<terancut tie,:urr¢vf. <br />t,:; Gc:~m. w ,-„err nl <.r.tn'i el a rNher ~+-n.e=+asst+ „s =grec m~rat, of ~rrror*¢r' t:~~stanrxJ su thh f7snd r,f "freer. <br />.~ He ;r.:~.+'r nary .. t+ r,.,ht,: a -.• rsrc±H rru7 bt' f_rrr+l::r anJ Trr.,stee lrr erf,: r.:,n# lire „•'•enarua and agreetr+rvsts „t <br />ft:n ,.s.cr ,.;yeAj rsr tFu+a :h--:= 3 i m cnf€,r+.tx+g fx~rxdrr'c .:rr~J f~ru*}~-c•• r,°a:u~!tra a, ;~r,,:..irJ =n paa~3g,ra(Yh !N <br />,..n. ,''... , n~ h.., r I , .. ;. arnr-l's ,cc€. and tut t!c',; r+.vaa: fasces .:r:.h .+,,i err as+ L.r+,dea naay ra.:w,aahiF <br />y,.:g to - .,an' teat ux v , ilc_;r~..F of is .S_ Lyn 4vr E r,r~+>r~t .,~ ?hc Pr, rt+:,.,rs xsl 't.=r:.war. ,>hit<vats.+n t,• i<a, <br />