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<br />r- <br />I <br /> <br />11 <br /> <br />002496 <br /> <br />84 ...... <br /> <br />by lhj~ Deed uf Tru~t ifllIliet.li~iel'y priur iu i:he Jate of taking bean lV i:hc f<<lr markc;: va1ue of the Property ;;r.rr.ediatdy prior to the date of <br /> <br />I <br /> <br />taking, with the balan(;~ of the proceeds paid to Borrower. <br />I f the Property is abandoned by Borrower. or if, after notice by Lender to Borro\\oer that the condemnor offers to make an award or settle a <br />claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed. Lender is authorized to collect and <br />apply the proceeds. at Lender's option, either [Q restoration or repair of the Property or to the sums secured by this Deed of Trust. <br />Unless Lender and Borrower otherwise agree in Writing. an)' such application of proceeds to principal shall not extend or postpone the due <br />date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of such installments. <br />10, Bon'Ower Not ReIeued. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust <br />granted by Lender to any successor in interest of Borrower shall not operate to release. in any manner, the liability of the original Borrower and <br />Borrowcr'~ successors in interest. Lender snail not be required to comm~nce proceedings against such successor or refuse to extend time for <br />payment or otherWise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower <br />and Borrower's successors in Interest. <br />11. Forbearallft by l.<<:eder Not. WaJftr. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded <br />by applicable law. shail not be a waJver of or preclude the exercise of any such right or remedy, Tne procurement of insurance or the payment of <br />taxes or other hens or charges by Lender i;haU not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this <br />Deed of Trust. <br />12~ Realediel Cvmu.lattn. AU remedies provided in this. Deed of Trust are distinct and cumulative to any other right or remedy under this <br />Deed of Trma or afforded by law or equity, and may be e~ercised concurrently, independently or successively. <br />_ 13, Svccoooon _ AfiII.. &wid; JoIOI .1Id Sovtl'lll Uabllll)'; eaplloos. The covenom. and agreemenls herein contained shan bind. and <br />the nghts hereunder shall inure to, the respective successors and assigns of L~nder and Borrower, subject to the provisions,or.par~-:_l' <br />hereof. AU covenants. and agreements of Borrower shaU be JOInt and several. The captions and headings of the paragraphs of this.-Deed ofTJ1ISt <br />are for convemene-e only and afC' nOl to be used to interpret or define the provisions hereof. <br />J.... Noda. Except for any notice required under applicable law to be given in another manner~ (a) any notice to Borrower Pf()videdJ()rJn <br />this Deed of Trust shall bfo give-n by mailing such non~t by c--ertified mail addTes-~ed to Borrower at the Property Address Of at such othet-~ <br />as Borrower may designate by notJce to Lender as provldea herein. and (b) any nOUce to Lender shall be given- by certified mailt- return ~pt <br />requested. to Lender's address stated herem or to such other address as Lender may designate by notice to Borrower as provide.thereiD:.: Ally <br />DOfier: provided for to this Deed of Trust shall be deemed to have been g.tven to Borrown- or Lender when aiven in the: manner desipla_ herein. <br />U~ llaifOl'lll Deed of Tnu.t; Gour.... La.-; Se'nrability. This form of deed of trust combines uniform covenants for natioDlluse-and <br />non-umform l:Qvenant5 \\-'1th iinutC'Q \'anations by JunsdiCtlon tu ~onsti(jJle a uniform security instrument cover'tIlI real propeny. This Decdof. <br />frust shall be governed by the law of the JurisdICtion in which the Property is located. In tbe event that any provision or clause of this Deed of <br />rrU$t or the Note conflicts with appfu...-ablC' law. ~uch conniet shall not aHect other provisions of this Deed of Trust or the: Note ,whiclu:an_be <br />~lyen eHel.t Wllbout the confllctmg prU\'lSton, and to thiS end the ptOv1:uons of Ihe Deed of Trust and the Note are declared to be severable. <br />16. 8orrmlwer'!I L.op). Borrov.cr shall be furOlshed a l'onformro copy of rhe Note and of this Deed of Trust at the time of execution- or <br />aiter fet.'OrdatIon hereo.)L <br />17. Tn.BlIfer of lite Propert,,; ..u..mpdon. I f all or any part of the Propert)' or an interest therein is sold or transferred by Borrower:' <br />WIthout Lender's prior wniten ';Qn~n[. e...dudmg (a; the creation of a lien or encumbrance subordinate to this Deed of TruSl. (b) the creation_of <br />a purchase money securuy mterest for household ap-pbanc~. (c} it transkr by devise. dest~nl or by operation of law upon the: death_,of:-a~joint <br />lenant or \d) the grant of any leasehold interest of three year5 or les.'io not comaining an option to purcha.se~ Leoder may, at L-ender:'_i OpUOIl. <br />dedare all the sum~ ~a;un..,j b) lhi!! Deed oi Trust 10 tx unmedl8le1y due- aud payable. Lender shall have waived such option to accclcrate-if~ <br />pno! iO the sale or tramfer, I.cnder and the perwn to whom the Property is to be sold or transferred reach aareement in writina that.-t~-tI'~tQf: <br />:\ucl1 person is satlstao.:tory to Le~r and lhaltbe llltcr~E payable on the !;um~ secured by this Deed of Trust shall be at-such r.te as_~:.W <br />request. If Lendet h(Cio w8.!\'cd the option to a~celerale pro\'lded in lhb paragraph J7, and if Bonower1s successor in interest--has ~*-a <br />WllUeu &sumption agreemem a.~cept~ 10 Wf}ung by Lender. L~-nder .shaU rcie.&Se Borrower from all obliptions under this Deed of Trust uP <br />the Note, <br />if Lender exer'::l~ ;;.u~h l,)pilOn to a~l:derate, Lender .shall mail Borrower noltce of acceleration in a.ccordance with parqraph' 14 hereof. <br />Su~ nou..:e shall prOVide a permO. of nUl ies.~ than JO day!) rrom the dah: the nl.1ut."'e is mailed within which Borrower may pay;tbe'$ums,_~&ar,~ <br />due, It Borrower fail!> 10 pa). ~u..:h sum~ prior to the expuauon of s.ul.:n period, Lender IDay, without further notice or demand on Borrower. <br />m\tok.e all). remedies. pernuned by paragtaph is hereoL _ '_", __...,_"~ <br />"'''t~lo\\o,''~ <br />NON-UNIfORM COVENANTS. Borro\\oer and lender further covenant and agree as follows:, .~t t:; :~.:.i ~.':'~...':~-~.-':.. ...... ....':. ............ ,. .. <br />18. Accdc...Uoo; R.-. t:"cept os pro.1decI in p...........b 17 hereor, ._ Borro...... bn.do or .., <0,'-','. . """ of <br />Bono.... In tlllt DooG or 1'.....1, locl...u.. I'" co......lllo paJ .....n d.. 00' ou_ _und by lIlit Deed or T,..I, Lellllor prier 10 llaIIonlIIolII <br />>lWl mall nolko 10 Botro.... os proddod io _It 14 hereor Jpod'yl..: (1) .... b-a; (21 .... _ ......... 10 atft IKll ........i (3). <br />da... nolloos lltao 30 day, lro....... da.. 0' ootko io...- 10 Bono..... by ..lticb _It b.-b _I'" <und;.... (4)"'1 '.......10 ClIflIIKll <br />broaclt o. or ...1.... I'" do.. .p0dft04lD ,... notko IMy rallIlln ..."",leralion 01.... _ __red by lltio Deed 0' T.... _ _ of....~. <br />T100 notko .1laIl I.......... iaf_ Botro...r of .... ripl 10 _.... at... occdcnoU... .1Id I'" <1&111 10 brl.. . <OtU1 ""liOIllo _ .... __ <br />6lslt_ 0/ . del.lllt or a.., o....r dor_ or Botro...~ 10 _OIl a.... sale, II II.. broac.. ia _ <_ 00 or "'OR .......Ie Jpod(lool...... <br />ootko, r..,oder al 1..,.......01'1100 IMY __ 011 ollh<< _ socund by Ibis DooG of Inullo ..I...-Jalely doe _ payllllle ..1......1 r....... <br />......0Dd .1Id may 10'0'" ,... PO"" or Wo ODd ..., oth.. ~_ permlnod by .ppllaoble ...., Leadar IIuoII ... ..UIIed 10 colIoel oIl-..blo <br />c.... and upe.-locurrtd io ........mIl... .._ prov_ lu 1M p.........pb 18.locludlaa. bUI nol Umilod 10. _....bIe .U_Y'J ,-. <br />Ill'" po.... 01 Wo is In.oif.td. T.........1laIl record. notko ,,/ ...,.111110 ...ch C08OI) in ..lticb.... ~ or..._ part lIIoreo' 10 IoaIlod <br />ODd shall mall copift 0/ ..ch notko In .... .........f preocri_ hy applic:ahlo 10.. 10 Borro..., aDd 10 lite ol...r........... 1'.....,<1_ by opplkable <br />I.... Arler ~... ~ ofoud. u.... IS 1M, ... ...._ by ...p/lcable "". T_ sllalllln publk: ontko 01 sale 10 .... ......... OJHII. IIle _ <br />_'fIbtd by appIicobIo II... T........, wi_I __ o. Botro...., ,1toII HlI the Pro......, .1 puhlk: ..cUo. 10 IIle .It..... bklder .1 .... 11_ <br />..... pla<< ODd u_ I'" I...... dalpaltd 10 I'" ootko 01 sale 10 ..... Of mo~ parcels ...d I. J""b order .. T"..toe IMy delor"", T__ <br />-"""" ..Ie 01 011 0' 'DY pa.....l 01 tM Projl6\Y by puhlk aanou""e...eot .1 the tl.... a.d 1'1_ 0/ oay p...,>\ousl, ocbtdulod sale, 1...... or <br />l.ftder'.~ may pun:b_ I'" Property .1 allY sale, <br />U_I'U'dlJI of pay....IlI or I.... pri<< bid. """'I"" __... 10 the pur<hue, lntll..', _<'OIl..,III&I... Projl6\y ...id. 1... ..d.... io <br />I'" I_'J _ JIlaIl ... ....... 1_ _ 011'" lruth olllle Slu\elOtolS made ""'....In. Tntll.. .1laIl.pply I'" prOCftdJ 011'" sale In I'" <br />t.wt.. Ndet~ (a) l(laU ~ COlt( &ad rApeDiI',3i o-f I...-k. tnchtcli.aa. but 001 "m.i&eel to. Tntllee's fees of aul mon lhalt ;)'<i:f <br />uf ,...~.. Pfke, fftaOu.Wt IUuraq... (ta a.ad ('0115 of ttu. e--ddtoct~ 4b) tu aU !UUUI secured b) .lIb Drreed or InulI. and (C) lbe n~.. U <br />oy. II.. tM iM'notl 01 Pft'OIU,Ietpdb f.uUUed tllen-lO. <br />t9, tkn"ro'fttlr..lUth( (0 R~-..~,. N()-{,,"nhJ,I,Al)I~hng t,e-noer".. a..;.~C'k-iduun v~ the H.ilI\,l> ...e";'Uj~~d by lhu. l~ of '1 nht, BOHOWC. :').ha.U have <br />tni;;' !~~_ht hj\t'o''i lUl)' pn....;'CC(,l.iJI"\ be.ln by tt'udt:f ~>J t'UfOH..t: thl.\.l~'('-d of "I rUM ChxuflWH.N.-....J.1H .tn.. tHin- pnnt \,1 thf. e..1H\{'1 HI \X"\,UI ,JI illlhe <br />nhh ~i< bd'~~t.' th;;: \;tj.( 01 the Plopen;. pUliU~m to til~ pow~~~ ~"f -~ak ':t,_mU1w~~~:i H> {tn.'!! L~-J u! l'n.t_",l (/1 iH) enu". '.>1,t JIJ,J,mi.'n1 tHhHI..m.ij. thb <br />t~__d ru.t;'.! {,\!d tk,;IH.l'WC'i" i-""'~~ 1 t;r-~-('f aJ~ "lHlJ.j. wrHdt '.Il".}ukl. be tn-:Zl Ju'{' ;.Lfh.li.'f jOhn IK''("--d q; I rU-'lI. :hc ."-ii)i{. And n-OH,"" ~....I...in~ <br /> h.lHHC <br />