|
<br />$4 -- 002258
<br />by this [Xed of Trust immediately phor to the date of taking bears io the fair market value of the Property ittimediately prior to the date of
<br />taking, with the balance of the proceeds paid to Horrower.
<br />If the Property is atwndoned by Bisrrowtr, or if, afttt notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim for damages, Borrower fails to respond to Lender within JO days after the date such notice is mailed, Lender is authorized to mUec[ and
<br />apply [he proceeds, at Lender's option, either [o restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Linder ertd 11(xrowtt aherwise egret in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />date of the monthly installments referred to in paragraphs I end 2 hereof or change the amount of such installments.
<br />10. Brrower Net Released. Extension of the nine for Daynent or mrydifrption of amonintion of the sums xcured by this Decd of Trust
<br />granted by Lender to any sitccusor in interest of Borrower shall ant operate to release, in any mNner, the Uability of the origitW Borrower need
<br />Borrower's successors to tnterest. tender shall not be required to commence proceedings against such successor ix refuse Eo extetd lithe fa
<br />payment or <xberwtse modify amortintion of the sums secured by this Lked of Trust by reason of any demand made by the oripitW Borrower
<br />and Borrower's successors in iNerest.
<br />I t. Foeierarte by Leader Nor • Wdver. Any forbearance by Lender in exercising any ngM or retttedy hertttndu, or otherwise afforded
<br />tsy applicabk law, shall not tic a waivef o! or preclude the exercise of any such right or rtrntdy. The procurement of invtttaaa Or th0 p.ytoent of
<br />rases or other rims or charges by (.ender shall not be a waiver of Lender's right to accelerate the maturity of the indettledoaf seCllred by this
<br />[hN of Trvst.
<br />I2. Retstrstlb C'teraMtlve. All remedies provided rn this iked of Trust are distinct and cumulative to any other ntht at remedy under this
<br />t)ecd of Trust ar afforded by taw or egwry, and may tx exergsed corx-urrmtly, tadepmdea[ly or tutxestively.
<br />11. Yiaaxrers W Aries Borth: Jelu sad frevettY ILiIYIY; Capllor. The xvettaots and agreements herein contained shut tilted, sad
<br />the rights hereunder shat( enure to. the rapectivr successors and asstgna of Lendtt and Borrower, subject to the provisions of patapOpb 17
<br />hereof . All covmanu and agreements of Barrawer shall be )ornt and several. The captitms and hadinga of the pangrapht of this Geed-of Trutt
<br />err far conventencc only arW are nix to be used to interpret or define the provisions hereof.
<br />la. Nike. Faupt for any notice regwral udder applicable few to tx green m another manner. (a) anY natia t0 Bortotrer pettvidad.for ~
<br />stirs tXed of Trust shad be green by mazling such honer by cemfitd auil addressed to Bortower at the Property Address or at such other ttddtest
<br />as Borrower may destgttate by nonce to Lender as proveded heron. end Ibl any iioatx [o Lender shall be giver by txrtiTied mdl, relatrn 1mOpt
<br />rfrtuested, to lattdv's address slated huem or to such other address as Lender maY designate by notice to Borrower n ptvddad hrtM. Aqy
<br />rennet prasided f or m thu Uted of T"rust shaft be domed [o hart tieai given to Bartotver or Leaner when Veen in the marten thsipated hearse.
<br />I3. U Warr Ilyd W Trw: (;everaiag liw; k.rtraOilNY• !iris form of deal of trust combines uniform oovmrtts far aatlard zeta rind
<br />non-!emtorm covenants with Limited vutauons M' iunsdution to coruutute a undarm security instrument meeting real property. This DeedM
<br />rust :hall he governed by the taw of the ;unsdsuon m which the Property is located. In the event that any provision Or clause of this Deed of
<br />r rust :x the "tort ~antle..;..s with appiicablc Taw, such ronfLc[ shalt not alfa:t other provisions of this Deed of Trw[ of the Nola which Can be
<br />>zivrn f l feet wstttauc the r trof!!eurtg pmvtvon, and w Ihts end the Orov~aons of the Deed of Trust and the Nutt are daCWad to be eeverablt.
<br />.b. Borrower's t espy, Harrower stints t+f iuxmstted a conformed copy ut the Nate and of this DCTd of Truss at the lithe of QeGlltlan Or
<br />..! t fr '. _UrrLt!O!1 here( i .
<br />t7. /-water W the PraOertY; AstrrplNa. If alt a any Dart of the Pmpmy- ar an interest ttwrein it sold a tranaferted by Boerarrar
<br />svuhout t rnder'< phor w rnten cuaseru, rxctudtna ta) the sreauon of a hen ar cncumbranec subordinate to this Iked of Trim. (b) the aealiat of
<br />a [~urchase money snwny ~ntttest tot housthoid appliances, tc t a [ransfn, tsy devise, dtstent or by operation Of taw upon the tkat6 of • jojM
<br />~.enart or ia! the want ~t an) itasehold micrest of three scars ux Tess not cowrumng an option to purchase, (.ender may. at Lender's option,
<br />.5feiwe a;i rho gums .ccvird by '. h.s thou of 'f rust to tx tmmafn[ety due sad Dayablc. Lendtt shall hart walval such typeset to aecelaate if,
<br />,.titer ~.u : hr sate r+r trartsici, l..eadtt amt the person to whwn the Ptaperty rs to ft tout or tratutardl rdch yrKrlnt is wrilitlgthri. the txetfil4f
<br />+rrcF, person a settsia+;tsri Y to L-n.iet sad resat :he rnterese payable on the sums stcztrw by thin ^eed of Trust shall be at suds rite as ! endC a1taB
<br />• equcai. f 1 t endei has waived the .aDtrun ur acvekraie provtdesl to this paragraph 1?, and it Borrower's successor in IMtrtsl htu taa4vNd
<br />w~tttrn assumptt.aii agrccaicm acveptN m wrrung by 1 ender, t ender shall reieasr &arowa frtxn all obligahruts titaler 4his Deed of Trull rid
<br />:he !vote
<br />ii I rider r.srr.rus >u~i+ s?ptwn t+~ u:vcitterr, t ender >hail rixut Burrs+wsx nWiex Uf asxeleraaon io aa'ordaace with praggph li hereof.
<br />wui rnwcc stw1; pro.rdc a petithi lit not Teas ttiau W days tram the date the notue rs marled within wluc6 HartOWQ maY WY the s~madsdved
<br />,Sue 1t tfanuwei .aria [u pay vu~h >ums pn.ir !r? tree fxpna[iWr Vt such period, l.mder may, withoat fU[lhtr MItiCC ar denlalkt at1 Bnrrawer.
<br />:ns.:ke any rrnmftes prrtmited by pw agraph tM herttri
<br />'vU^i-L'~\IFt)RM C C1v E3vAN t~. tsonowa anJ (.ender Yururu cuvcitant sad ague a folluwti_ -` rB d -~ ss sa ~ ~ ..
<br />Ig. Aetrlerti0ao: RereiMa. Ea ° ft)v, 3" -
<br />cqt r Provided it partrgraph l7 herd. nett iaerrwas's.Mps- #l~ ~lg ~,~ N
<br />Rorrwwa is tut I1ted of Treat, itrclaiiag rk coveuno to Wy ^~ doe oy ears sateen/ iy list Osd o/ 7YaM, IanM OsIM M aesslMaYM
<br />snail raY rotia to Bottrrret r pwvtded u paragrapi la Yraol apadfyfng: 111 Ue (erweh; iA lM acdon raOafrM b tote srteh hraaeht (~) •
<br />ditle, rNN law lttY Ja dye tree t4 dart W aallae y raYtr to Bwrowa. OY wiles wti Treats rut k awed; zed /1) thM faYrs N eat! each
<br />brwti or a idaae the Batt sptti/ied b tie write ray starlt i• aarwlratlor W lie trees riwrd iy tits Owd of 'few aN ads o/ the [NaOSey.
<br />lie aorta mall ttrrlir newt BOffYieer of the right Io rtlaarle d11r aceelratMra sad the rlgil Io Wing • toad aetlaa t• asasri the ttaF
<br />raotere of ^ deiaw or uT rags deirsre of Yerrowst ro acctinatioa oaf rk. if i4 ftreatir nut tweed a or iefere Ihs data tprLMd V 1M
<br />entice. I.trdr.t leadr7 opttua troy decWe w of tie sus rawrtd by rile Deed of Trutt to bt Irredialdy doe and /aydde wlthwl Mthw
<br />+Itrrrd and ry trvrtCe tk power lit eels sad uy utMr rtredks pereWted by aPPlkow kw. (.ender siaY rte eaY1W to tolket dl esaeotrhle
<br />o.0i sad tapeaar ircwrtad to prsrtirtg the reredka pruvlded U this patagnpi 19. htdadlag, bat eel Yrtle1 la, raaeoaah4 altoraeY's fees.
<br />l t tit power W Teak 4 iwroied, Tryisut eitY rtcwd • wore lit defwit it tact crwaly V wYci the Prepet[y or tore pet lheraef Y (sealed
<br />art viaY rail copks o/ wci w+,tice is tit roarer preecrHed try aDPtiraitt taw to Borrower tad to tM nest prwr M'rtdie'd N appYerik
<br />kw. Aftr Lis Test W rti are r my be rgrYof -y aMBuYle law. Trtrtes tiaY give patiik atolite of sale to the persar ad N the rtrnasr
<br />vrrtriiea by applitaW rw. stealer, wrtaoat dessrad to tsorro.a. caw ads tit vroperty a pttiir arctioa w tie tttOMt iiddar N tit rear
<br />and putt a-.-~ rode tM tree artgnated m tie wliae u/ snit h not cu sort pYa+eit aM h wei ordai r Trtwee ..Y dekeriae. Trrkr aw
<br />postOwr aa4 of eh or uy panel W tit Property iy prWc sucwrccrtat n tit rite aw plan of uy prevlursty scftdaled stde_ Lendr a
<br />!cadet's deatgrr aaay parc'lwaat rite Property u w) aYt.
<br />lptre reettp W Mfawt W the price bM, t realer tiaY deliver to tie Prrcirver f rraer't dead cv,aveyirg tit Properly sold. T k racllaY iw
<br />tie irtrraet`s deed rir0 k prier taut tvidtece W IM trrC- W t-e atrertru tads tiereir. I erecter duM apply tie proceada of t-e tale 1r Tie
<br />tohowtag order: tai tw w reasoatile tow and ta0raw of list stk. irelaitag, bet tree Urlwl to, t rrtir's tea W err text slaw NIA, s
<br />W tie greet salt peke, rvrsorai4 auoraey's ter urI corn at tsUe evtderct; tbi ro all antes sea'arrd by tiffs tyred of l rind: sr/ Ice tie steer, ti
<br />arty, to tie IM'r'aar m Pe'rawa kgwy trulkd tieretu.
<br />fp_ O.rrower a 1tYg-I to <ZNwbu. 'VC>twuhararrdrng 1 eovf<r , a...rletarnw :d ~hr +..ms sex err v hs i ho. 1 hrgl +.~ ! i u+i- Fkn rerwei .hall hate
<br />~ms ,rata ::> Gave axe: tutKxs.fxsyls t~tun i;. 1 rtaiY t.. rsat+ar yr zAr-a (te^ev! W i r~.as .iss..r~rrt~nnea ar ae,> utua ter e,u ¢„ dw ear Uri n, .>- ur , . u i zeta
<br />,`xa. -eat "ri+xr tf?n ..uc .;t the #'s uyx9ir ;aw +~aw tr. ;rx t~,we= .+f tax t_;rsa:iiri ic: ;;vr> the i ~.: I ru+. .,~ ;.,! rnti.... ,. ,rrdgnreru c~,1.u+rng .!+~+
<br />=>,ear1 ~ = ra.v. -. +a+ tk,r rt>wsx €+as. , rra4er am .rase.,, whr.h w=runs ice ;.-r r. ,. oxs .:~,.~ ;.n. !>•mt : ~ -, ,. •=e ~.we „rd n,..c+ ...,. na f ?i,n.
<br />
|