|
<br />84 ""'' 002091
<br />by this Dad of Treat immediately prior to the date of taking bears to the fair marks value of the Propeny immediately prior to [he date of
<br />ukmg, with the balantx of the prooeeda paid to Borrower.
<br />If the Property is atrandared by Borrows, ar if, after nonce by Lender to Borrower that the condemnor offers to make an award or settle a
<br />r claim for dunaga, 8orrowtr faits to respond to Lender withue 30 days aftr. the dart such rwtia is mailed, Lender is authorized to colltet and
<br />apply the prooeeds, a[ Le[[da's option, ether to renovation or repair of [he Propetty or to the sums sxured by this Deed of Trust.
<br />Uttlas Lender and 8ortowa otherwise agree ic: writing, arty such applica[ion of proceeds to principal shall not extend ar pptparc the due
<br />date of the mon[hly instailtneata referred to in paragraphs 1 and 2 hereof or change the amount of such installmewu.
<br />N. Bsnawr tVat •aleasN. Fattensiort of the time fa payment or modification of amortvition of the sums secured by this Deed of True
<br />granted by Le[[der to say successor in inters[ of Borrower shag net operate to release, k any manner, the liabftity of the original Borrower and
<br />Borrower's sucxeaaors to interest. Lends shall not be required [o commence proceedings agaimt such suuawr or refuse to attend time for
<br />payttxn[ ar otherwise modify atnwtintion of the sums secured by this Deed of Trust by reason of any dmund made by the original Barrwa
<br />and Borrower's susxeasors in interest.
<br />IL Fotiaaraete y I.aaasr Nr • Wainr. AnY forbearattrx by Leader m exerdsin8 any right or remedy haewtdu, ar otherwise afforded
<br />Q7 appiinbk iaw, shad nor tx a waver of or preclude the exercise of any such right or remedy. The procurement of insurawee ar the paylwent ryf
<br />.axes or other liens ur charges by I..eader shall ram fx a waiver of Lendu's right to accelerue the maturity of the indebtedness secured by this
<br />Dew of , ...,..
<br />12. Reraais Cwatarare. Ail remedies provtded to this Deed o(Trust are dis[inct and cumulative to any orbs right ar ranedy undo this
<br />Decd of Trutt ar afforded Dy law or equity, and rosy be exercised concurrcntty, rndependently or suecessivety.
<br />U. Saesares arM Asip baM; Jort area Several tJaiflMy: Ca/trr. The covenants and agtetanmb herds comarOd shay-bled, std
<br />the rtshts hereunder shat) inure ter, the restsecuve sueceasars acrd assigtu oC Lender and Borrower, su6jat t0 the provisions tyf paragrapi I7
<br />httw(. Ali corertants and agreanents of Borrower shad be 7mnt and several. The captions and 6tadtegs of the ptvagtapls of t~ Dad of Tnst
<br />are foe convenience only atw are not to ix used to mterpm or define the pravtstom bawl.
<br />-1. Yeate. Excep for any aotrce requred under applicable iaw to be gtvrn in another manner, (a) soy wotfts to Borrower pravidad tar r
<br />t.".ts [?ad of Treat shalt be gtvtn hY tnai}ing such notice by cerufxd mat? addressed to Borrower at tht Property Addtds or at sods dhlt addsaa
<br />:ss Barrtnver rosy designate by notrae to Leads u pmvtded [reran, and (bi unY nourx to Lender ahaB be given by nrlifisd tttW, rRere receipt
<br />regtusted, to Lender's address stated Reran err to such other address u Lessen may desigtsste by notice to Borrower r pt'ovidd:hrar. Rey
<br />nauer ptovtded far m this [ked of Trust shad h deemed to have iseen given to Borrower ar Lends when given in the assent: ds¢yWad hrsr,
<br />IS. UaMorr Drs e1 Trwr; Cwvatrtrg Law: Seswfilrly. This form of deed of trust combitses uniform txtvtttants for tutiaeal ttr-tad
<br />uon~umtorm c~gvtnsnts wttn nmtted varuuons by tunsdic3tan to crortsenu:t a umform seeurttY irmtrrm[ent rnvering real prtsprty. This Dad Of
<br />crust stall be governed by the taw at the 7urrsdretton m which the Property is located. In the event chat any provision ar clear of thft Decd Of
<br />1"rust yr the ruse confti^ts with apptcabk taw, sects conflict shall not affect sutra 1lraviilallf of this feed of Trust ar the Irtote which Ga bs
<br />given r(fect without tht contltctrng pmvrsron. artd to the end the prrntsrons at the [7eet1 of Trutt and tht Note are declared to be eevera6le.
<br />Is. Baeewwar's C'oev. Ebrmwer shall he furnrshaf a cantormed .spy of tht vote and of this heed of Truse at [M time of execution ar
<br />after rtcordaltan httrnt
<br />t7. Traaafar of tie Pra~eeet: Ararplrw. !f ati or any pan of tht Property err an rtttttett therein rs sold err trtroaferred by Borrowr
<br />w~tthout Lender`s error w~nnen cartsent, cxciudurg {al the creattata at a tirn err encumbranot subarditntt to slits Deed of Trust, (b) tht t'terfaa of
<br />s parcttaar monc'v securrty mesas fw trouselrold appitatted, tci a transfer by dcrrse, deactttt err by operation of law upon tht drt6 of a joint
<br />grant or tdi rht erase ei any ceaseltolJ tnttttst of three years or fens oat canutnutg an option to purchase, Lends may, u Ltnde-'s option,
<br />dectart aft the sums sttured t`Y this Died of 7rtsst to >x rmmtdfutty due and payable. LetrMr shall have waived suM optiow to satstisar.if,
<br />peter t o the sett sir t ramcltt, t_entkr and rife txrsw to wtsom the Property is to be sold or uuuiared reach agreement in writing tlW the txeddt of
<br />r++clt perstxi a sansiattory to Lerch and the the mtereat payable on the auras secured by this 1)eai of Trott shall 6a u attch rate u Lewder fhall
<br />rtgrtest. !f Lends has waved the opnon to actelaatt provided m the paraQaph i7, and rf Borrower's suwefsor in imarat lrs reacted a
<br />wntten axsumpuae agreemtnt accepted rrt wnuns by l.mda, Lender shah rtHe•v Barrows from aB obliptiom coda this Deed of Trtst aed
<br />the ?Voce.
<br />It fender exeraaaa swh aptton tr. aprierxte, Lends shalt marl Barrows nrnrce of ai.Celefa4an in aCCardanee with paragraph 1! hereof.
<br />Such Hofer stall prarsde a [terasd of oat Tess than 30 days f ram ehe dau ttx ttotuz u rtsukd within which Borrower nrY pay the sues dadatsd
<br />due. If Barrtssrer fads to pay such earns error to the exp[rauon of such penod, Leader may. without further rroutx w tkataed on Bo1'rostr,
<br />invoke any rrmNxa ptrm[t[td by paragraph i!I haeof.
<br />Ntk~i~UNIFOAM CY3VENANTS. Bormrer and Let[da further covenant ttrd agree as ftstlors:
<br />IL Aetsrsaar: RardYa. Flaps r prwrirYa la easaeryh 17 ittesf, sews Merwwer's hweer M aei:ew'asge/.a- ~ eg
<br />bsrww r sir Dana d Ttttr, iaAdleg fie csvsawr r esy wltw Mrs say Mrs atealea b tYa /Au1MlteyM, fi~lr~ifiar }-~j1~1Maa
<br />allay aril stwee w Aasseww r pw1iM r prwaapi U sweat gsdffrgt (I- tie lueaai: lJ) tie asses trtrpflaa r care aeei Maeak /71 a
<br />Mr. ass leas rise 3i ergs fret ere ire of aslke r ata1W r flaers.er, by wild wfei isaasi saM 4 ettts$ tfrrl(N fief taller a ewe tttl
<br />kesaei a a ietar rr We gatYW r tie rya art resat r aneltraaaa of Ica tar staatsa b tits Dwa sf Trwr wta srNe M Malwpwy.
<br />Tie native eid frlir Meer Mnswr et ua rtgM r wlaatar a/rr atniwaaae w tie rtgM r Mfrs . caaft nellaa M atttwt Ma artla•
<br />et~aetr of a Maait err a4 etiw Maws at flrrrwar r staslwaasa awe aaR It tie ieaasi r sW cwtN w ere ialase 1r eats gseMstl r tM
<br />antra laaiw a l.aaMr'a gtfsw saey Mdse aY a re wr sautes y sir Daag a/ Tres r w lasrsraftly ores W gsbair wiliaM Mir
<br />atraei W atey r..r ue Mw at rye W a4 auw twrars etettt4fea y agliraik r., t.aaar aiaB M awttllta r ewYset aY reaaaaaMe
<br />caste aN eseaar iwtwtrea r /rsaiag tie nraYw tlravNatl fa lit parapfei te, iweiwrAag, hat sot Mr1Ya r, rawsaeYie asstaey's tar.
<br />It tie pawav a1 sat r r.aiw, Tewww slay recces .mite of Mawlt r esd teary r wild Iii Prgarp a Mrs eaw lialewl r fatafta
<br />stet ear ~ ceer M sect rope r re araew tweacetieri y agecaife law u Yseewwar awe to tie otiw ewasas Ittrateslisa y aepBtwir
<br />rw. Aar art itete of wtN cite r Mtn ~e rwpltea b ~r law, ~Ilwswe aW1 M.e pwiYe waaa a ear r sir ewnat w r tie Maser
<br />etaatdlaa y agtgirMs rw. Tratraa wirwt trraaA a 6tewww, mall re Ire Peeytwty r ewe aeease r tM lagi.at iUatr « Ica era
<br />aaa afar sag ttaMr tie twra M.Ip.tetl r tie aatke of sale M ttwe err were gvadt d r..ei atMt r rr.Na. Merv Mettles. TsetMe..y
<br />M*aea eras wt aB a aq Mwa! of tie hMsstf H pwwt uwssaewwrt at t4 Ilea sstrl prat el say erevtswsl- wisawlsa axle. I.adsr err
<br />I.sngar`s irlpaa stay prtreier tie theeary w say sale.
<br />lFpa ewafpf st gay>set N He etfr iii. Tnwae slay trlNer to tie gstciawr Trwase't Mora ctraeyiag tie rr.ewey say. Ile raaMar M
<br />tie Tttswas'a rfasa 4id is frttira tasty a+fgfar aA tie trwli sf IM rtarrww trrM tiareiw, Trwssr slay aegy tie Itrwads o1 tie sat r sic
<br />taMaaftgai: fat r aft teaaaaair ttrer W sstgaetw N Ice aye, iarldlae, bas sty Yte11M te, Trwsws'a few st ass asset tiara _~LA .... "it
<br />of Ifr gran sat etfar, raessaaile astseaq's far tree east of tltle evfgswee: (S) fa tY saes aecwrtl iy sir [AM et 7'nN: aM set Ice cuter. It
<br />eat, f• eta gwaer w /erases ltprt aweasg tisratr.
<br />t~ raarMer'a Afw b Kaitraaw_ "kttwtthstardtng lxtrdrrl azYCleratmn of the .vuttrs narcurrcf by thin lktd of trust. Bevtowrt chaff have
<br />'he rtgtst En hart stay t"r-s"~-eedmts bgtun txY l.etnka te, tMtfrxtx tots [ken n8 crust dexvnuntted at any store t*rtar t=.: eht reciter ;r, ,x~eur r.t tit the
<br />firth day tletrsfe tta' aa5c a+f fhx E'tnp1,Y'ty pursuant ao 4ftG pawtr cxf sale c3xrtarRYCt ~n t!ut I k'ed crf iruzt „r Irrl rot rv ..) a Sulirnteau rnior:~u~g ihti
<br />EJtezt cars 1'ranr tf 4¢t ftwrewtt tveya f_rarskr all soma wtuch wuuW tx rixtn der .trader rrn+ ttcrvJ r,t ! •utt, the Y..tr arht s~e•tts ses~urtrrs, f ututr
<br />
|