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<br />r <br /> <br />84- <br /> <br />'f <br /> <br />003402 <br /> <br />r <br /> <br />(). ('I~IHIt''''naliun. ~,h' 1~1.\.\t"d, ..j .;!~\ ,i'.\,nd .lI. r;lilO II,r d,HII,I!~~'''. dll-~:'_l .'r ,l\(.I)>,I..',p:Cnll::]. !1l1.:~lnlJt';::j"fl with <Ill) <br />",;ol1dCnl!l~l!aUl or other lakfJlg 01 lh~' PWp'l..u)-', Of !';lft lht:'It.'Ot, {II kr '~'Oll\'cY<lJ1n: ill llt:lI of l'ondclIlll:ilIOIl, arc hereby assigned <br />~lnd shall be paid !n l.ender. ~ <br />Inth<'>l'-vCIlIOf a InIal laking '" ,Ill: Pn'l1l'rl'"', I tit' proccnj,; ~hall !1I.: t,ppb'.:d tn Ihl' ~lIms seemed hv this Deeo of Trust. <br />Wilh the eXu.:iis, If allY. p;jid 111 Bnrrol).',:r. In lIlt' eVl~!l1 or ;: palll:d Lfklllg l,j the ~Jrorl,"rty. unkss Borrower and Lender <br />oth.erwisc agrcl! in wnliog: thCfl: :->h:dl be ;lppIH:d In the ~llI11S ~'.,.'i.:un:d hy I~j~ J)c-eJ 01 Tm;;1 :ouch p.[()pOrfjo~l of the proceeds <br />:!S.I,S equal to {hill f'!{.JpnrlHlll Whh.:h tht: alO-)1tlll til ilw ...ll!H... "C(llrL"d bv Ihl\ J)l'cd \Jf Trusl ilH1l1Cth;lIcly pnor to the Jatc of <br />taklOg hcar!o. III Ihe l;l!f ll1arl..cl \'dhlC (l( lite PWpt~J!Y 1001lh:Jmtdy prall tn the u:I!G 01 t:lklng, with the balallce of the proceeds <br />p<lid to Borrower. <br />If the Property i.. ahandlllled hy ll,\ffIl\',\:J, ..f if, ,1(lc!' lll!!i..:!'- hy I,cndt:r It) BOITO\\'!'~r Ihat fhe l:ondcmnor offers to make <br />:," ::-;w,H-d nr ~I.!!!k r! ,:!aim f<1f d~tH,;gl.'''' !t!1t",-",.~'t'! Lul,- /,1 r,,'-;I-"':'!\lJ !" L.'n~!cr "'!!h!n V! d:~t:~; ~~fter !he d:l!e- ~;t:ch ~0t:ce -is <br />mailed, f.cnde! j-; alJthm lied 1,1 collCt'[ ;1I1d apply lhe pro\.:ccd.., <il Lender's oplillO, t,':llhr.:r "ll restoration or repair 'of the <br />Propt'rty or 10 Ihc "lUllS SCCllrL'J hy {hi-, : h~-I:d pf .\ tWit. <br />Unlc~... I.ender :md Unrrowt:: iJthenv!.,,\; agree )11 \\"nltflg, ;1I1Y :>.lJl..h ,lppb:aljpTl i,lf proceeds 10 principal shall nO( extend <br />or postpone Ihe uue t1all~ of the monthly rn...rall1nl..'llh referred hI III par;!f-!raph.. I :lllJ ]: hercnf or change the amollnl of <br />!--tu\.:h insl:lflmcnt~ <br />10. UorTOw-t.'r Not nl'lC:llil'd. 1:::\!.:w,i')l1 <-I lhe tnn:_. lor pavnu:nt nr 1.l1(ldilil';lllOIl "f ;H1l0rli7.luioll of the !;ums secured <br />hy this n~cd of -J f II\f gr;lItll..'d by I i'lldCf III :1Il\- '_\J~', t'~", tf J!l lli!l..'fC....t III Bn! i-owe/" ~,h;dJ nnl npcr.1tc W rcle:lse, in any m:lOner, <br />Ihc Ii;ihdjjy of the criginaf Borrt!Wl'l .lilt! Bllrf\)WCr'., "'lk~r..:....':-.':(tr'" III Illh:n,"';l. l_l'IHkr ...hall nol he required to- commence <br />rnKccdjng~ :lg:III1\1 ;,tlch ',lKl'l;','.;nr 'II' 1'1:10..,' I" t'\h'lI,J 1i;nt: llll {II' llthl'fWJSl' londif\" :l11l0rtilarjoll of the'SUllls <br />sC'cur~d I,y ttll'.. Deed 0/ Trusl hy rl~:I'iOIl of ;,l1y dL'rll:tlld :l1,H.k 11} l1J'i:!inal Ih\rrowrr and Borr{Jwcr's successors. in interest. <br />II. Fnr-tt(~:lr:mCl' hy Il'lHh'r :"\;'01 3 \\';11\'('1". . \llY 1,1J'!l':,n:Jl1t:l' hy I ,l.'1111'-'f In l."\al.;I"lng allY right or rC,mcd}' hereunder_ or <br />O!herWI~c afforued My applicahle law. ....h;dl nllj lIe ~1 W;tIVCI oj or precludl.' (he e':t~rl.:i.,(' of allY -such right or remedy, <br />The procurement of in\llranCC fir the payml.:'lll ld l,P,L;,> {II" ;>,her lil'm ('f ..:hargc... b~ i cod.:!" ,..Iull [lol he ~l. waiver of Lender's- <br />right to accelerate the l11alurily of fhe indeb(ul1ll..''''\ ~;\..''''llrI'J h~ :111;; De-cd I)j Tms! <br />12. Remcdil'" CumuJnihl', :\11 rl'medi,'" pt,~\ j,kd tll !ht\ f),,\,,{ ni" ['n:...! ;ll',-' di"-llll, t ;lHd ~\lml;bli\'t..' Itl any other right <br />or r~l11cdy- ul1<h'r IhlS O\.'(:d 01 -I nl....( or allllldcd i.!w (\I CqlHl\'. ,t:1d nwy be cxer":lsed l.:nncurrcntly, indc-pcndently Of_ <br />succ~~:.s.ivelv.. <br />13, SU("Cl>SS4,r.fi and A..si~n~ UuulIfl; Juilll ;wd St'\'er:ll I iahili(\; ('a,)tiHns, Tht:: (O\'C!lant~ and agreements herein <br />cont"ined _,>haJJ hind. and the right:; hl:lt'Ullt.k'r "Ii:!!! iiilln.: ;'1, 111:' IC"P~~I;\T ~ll\.'(t'",>nl''' and ;:..."i!!ns of I.ender and Borrower. <br />\ubjccl to Ihc provision:.; of p~i1;lgr;lph !) !ICll",j 1\11 ':1'\rl\;lfllt; ;!!1I1 ;I!_:reulll-Ilh lof IhHll'WCl' ...hall he joint ~lOd several. <br />The captlOn~ and hcadll1g:-. l)f the p,lr.lgr:lph<. (II [hi'" DL'l'U ,1/' 'j J lh{ ,He t':)f cnn\'t:lltt.'ncc puly and are not 10 be used to <br />interpret tlr define [he pwvisinos hcn.:ot <br />14, 1\:Ofh:c. Exn~pl fnr allY notic\' rl~qlllll',~ -llld..; 'nlli::lbk' Ll'^ lil h,: l:i\'Cll Hl another manna, (a) anY notice' to <br />Borrower provided fnr 111 !his I)c1;;d .1 Trll~l ~L.dl h: "!I,'1l Ihlt;~.l: by ,-eflJ!it:d IlI;Jil ~lJdrcssclllO Borrower at <br />the Property Adlirt::,;... or .\1 \lIch :.liher ;li.!,lll"v, ,I', bv lwlltt' I,) Lender ;1" proVtdcd herein, and <br />{hi aoy llotil..'("!o I cll.Jer \Iwll he t:lV~'11 by I..cn'!ied ;11.01. Il'll!lll t\',:.;1111 IL'q!IL'~ll.:d, hI I_l.:lldcr\ ;itlJrC\~ sraleu herein or h) <br />,;uch other addrc:,\ a<, Lcnut.'r JllilY de,. .I..: t!\ nll'!,-C I,) J:h'f'lll\'\l'l' :1'> prnYllk'd herem AlIr IhH1CC provid('o for in this <br />Deed of Tru<:,t ...h;l!] he d.:emcd ill hi'l'_'t' 1"'l'lI 1,1 H'llt',,",: ! t"lIkr \\IWI1 i~l\Cll i" rill' 11l:ln1lCr dC'sigl~atcd herein. <br />IS" llni(orm n"'t.'d HC 'lnt'''; (;u~'l:rJlill~ ;1\\; ~,'\nahilit.\. I hi"- [(JIll! "I lkl:d ~Ij nIl..! 1.:t'lHhHl~S Ulltt'nrm-co..'cnan!s for <br />nalional U\C :i!ld nClIl-nniidrlll (,iVL'n;Il!!\ \n:h li!llill'.! \.iI:.l[h>th h.. ,_,I l'i'!l'>tillJ!C;1 Ilniform ~t'Olfity instrumenl <br />cm:cring f'_';d pI,.lj!\;rt\ rh;~ fked "i 110"t h: h ill\.: HI \\hidl the Propert)' is local-cd" <br />In the even! rhod ;lfi\' PI{Wt:-.iPll 1'1' ,'i"w,\' ,If 1111\ I With .lpphc:lhk law, sllch t:nllftkf shall <br />fh)[ :tlfCcl olher prOVi'"ll111S ,II :hl", lh"~',l ,lj- Tlt;,-\ I'! i;h >-",[:,: '.\hILl; l'ik..:t Wtih\l\lt the ulldlicting provision, <br />and In lhi~ eud the provl'i!\111'i In ti,l.: 1),:1,:,1 ld l'JH',l ,,lId Ilh' ~ult" ,lfl' !,\ In: :,(:\'l'r;d'h.: <br />16. Uornt\"'t.'f's COp,'t-'. H,l-rJ";,,,...'! 'il,lIt ;.~" 1, i',rwJ ,I ,:\'::J.,t,ill',j \, ~'\ ,;! ;!t~. ~\tltl' "lnt.! ,11 Ihl~ D..:,...'d of Tru~t.1t the time <br />of executi"fl or ;lftCf 1l:..:on.laLion b:f\:oi <br />17, Tr~Ul..fcr of th" Pru,Jen"\: ,\-,;:-,ulUi.tioll, 11 ;,Il ,'1 ":0\ i},~' ~ ,.i ,h- "li'l',-"II\ ,i, ,\II itlki\:q th':h.'_ill sold or tr3lls(crred <br />t'l\' Borro\^'a v'Hhou[ Lcndcr\ pn;'r \1'-[llkl"l L-'I:,l")fJ. l".( iudnl~~ Ii :1\\, ut:;:lil'i~ ,".: ,j lien I'! ....Ih:umhrancc sllJ-.ordinatc to <br />Ihi~ Deed pI Tl'llSI, !b) Ihe ('[(';I"LIIlI 1;(:.1 "~'i~.\.l :<'l' hi-lj'~d:.d..l ,lppkin'..:!.:~., Ie} ;\ transfer by devj)e, <br />J(,sccJ1l()rl~YOr'?'-lliollofl;l\\'tlpUlll!lc 'JI.......~or1 1'11<1 1l!tl.uh-IJ i t ItRrt:lJ....H rhrt; <br />W' --'i?nlitlll fl~ 1111 r1i n 1_ I -r 'l"-~, j '1 !l',!. "',:!.l!~. .dlthl" \ectlr.:d /1\ fht... Deeu of Trust to he <br />ImmcJia_h.'ly due ami P,iY:lhk:. I cnJn ~~l,li: i1.i :,1 d':t'l,:~..:Ljlc prl'g ttl l!)l~ ,,;.tIc tlr tran":lfer. Lender <br />and tht.' pelS':,,, to wtwfll .the Prnpl.:'r1Y l~ ,<l ill "Hiring: that 'he (fedit ~)f Stich person <br />is sj.ti)'tachH) h\ LcnJer and Ih.!l J}l-: i~H,'J\..'"t ,'It Illt' "'UI!\'; Jill" D;;t:d (\1 'I rust -shill! be ;H .'iuch rate as <br />Lend~f :jh~dl rc~!u-:':d, !f l.l'nJer kl:. Wd!'. t'd t:w . .r'll: II \I! .11., ;\:1 ,.k pitH I,!r.:d III ihh p,H;I!!rarl1 17, rind if Br.)r wwcr's $Uct."cssor <br />in interest h~l\ f.:,\ccull"d ~l \;,,'[!lkn olS\Ullljllioil ;',--,l'p1nl tn >,\ J !ting 1)\ I t:ndt'l" I ~rH"kr ~hall n:-tcUSt; Borrower from <br />~~II ohHg\.llio:,:, under lhl\ nc,.-.! ',l! -I fth! ;)nd "',;, h-' <br />Ii LClldcr c..\cTci<;c'i <'lJch ~'pliun ;I,:,-<i.:~, i"k' ! ~'l1t.il..'r ,kli! nl,\d 111'Ih_:C llf :!(:..;c!.:r;:ni,,_Hi In accordance wilh <br />paragr~ph 14 hNl'.'oi, SIl,:'h nntH.:e pr'-'''-Il,;'' , r,~,\.!",,"':,~,',,',,',_l\ ,t,!; i h~" !h_(:i ';1 IfllPI fht' d~lIl' tht.' llolii:I.' is mailed within <br />wruch IkITrlJWL'J' Iilay I'l;.l~ !hl; \Wlb ,Ie,,-!;;,L',! ..lib.' , - , ~, 1,- ;\n :->Ikh "unh j111tlf h' the l'\PIf,ltll,Hl t'lf such period. <br />Lender may, wllhmH further IlOlli':C ;,'j d.:nl,a1i<! l),_l!i\;\\l.'t ,l'l~ rc:nH:Jlt'" f't:rmitlt'~! h\ p.lf:l!!.filph II{ hereof, <br /> <br /> <br />NON..U~ih)J{~1 COVfS.-\NIS H\)f!\l\VC( ,lflLl i.~'idn !mllh j' ,"P\C!!;Jill ,!lId ;l-!,~rcc a~ Idlk,w<, <br /> <br />1M. An:dl;'rdUOn; Ri'nlt'~Hl',"_ F\H;III a~ prH\ hii'd in V..tr;l/.:.fdllh J7 ht.'n:.'{)j', IIp~Jt1 UOTfmHr':tt hrt.'adl of Bll,)'- ('{)\'enant or <br />a~reemi:llt or Burrower in Ihi... Hecd of Tru~i, ilH'hHJille. dlt, -l't)Hll;lttt.. Iii P3)- "heH dlh' au)' ,SUUlS securt-d by this Deed <br />of Trust, 1.('-0-114.'( prior lu andt'raHuu ~hall >>lOIil Ilpiil \' tu RouOlHr :h pfiHidt'd in vafa~nll)h 14 -hereof ~pctifyin"~ (0. the <br />tnU\'h; (2) the adi-1lfl rcqulnd io nlfr !>1H.:h btl;a\.h~ LH ,i dOli\;, liot h.",,,, H...1i .'to da}_>;; feMu fhe daii' tbe uotki:" ls'_rniiley: io <br />Bonowcr. b) "-bieh ~u(:h br...ach mu!o;t hll'- t'un..d: autl (-1, that faHun' In ("1I1:T :\-uth nrcm:b {ill H(" hefore the dut_t specified <br />in the- notke m~H; res-nit in ~h:~:('h.'I.d;(U1 vi lht:_ ..lUll.. ~n'urcd In thi., Ih~~d tJf Tru\' 3luJ \~lIe of the Propertl. The notice <br />shall furthn inft~rm Bornl\\l'r fOr {he ri~ht tu rdU'l,i,ih" ~lfkJ' :;ndN,ltilllt :md the f"ighl to- hrin~ a t.'ouri -ndion to. assert <br />the ndu.extM\'!nl'c of lJ default M an} other ddl'tlSl' of UOrrH\\i'f fu at'l'dcration and ~aJl:_ If the brcal'h is not cured <br />on ,or befort, the dllle ~I)rdli~d in the U!!.)lk,", Lt.'ndt'r ,ll , ,('mh',-'" i'i"IHlI ma) d~'t,'bH' llU tlf till.' )unl.~ .sel.'ur...d by this Deed <br />of Tru~llo be_ jmmedia<<eJ) due ami payabh: without fl.lr-ttn-f dnn~lUi and f!lay im okt.- the- p(HH'r of ~aJe and an~' other remedies <br />pe:rmitli'd hl applicabJ(' r~\-L h_'fldcr ..hall hl' cllti,i('d Iii ('l.UN:1 all ft':hHnahlc I.:u...t~ and n:pi.'n~c., incurr...d in pursuing the <br />remedits pr-c)\-id-cd in this- paf~r..ph 18, indut.tifJ~. hut not Ifmill'd Ill, ft.'a!>lHmbJc ~IUorlH.>J's fees. <br />If the PO"t'r of sale is il1\okcd. Tru.l,il'C ..hall n'~'llnf a iWtl('t' Hf tkL1uh ju l';u:h l'"iHml)- in \\-bich tht.' rrop'nt~' or some <br />part ahere-of ilO I-m:aft.'d and shall mail cupies ()f Slid} u'llkt' in Ihi.' lH,lJHwt f)l'c\aihlo.'d hl t1ppiicable law ao Borrower and 10 the <br />other pefSOn~ prescri~d by applicable- 1.11\'", ?\ftrr Ih~.' lall.l,t' of' sUi_h liWt, ::.I" may he retiilin~d b) applicabJe la....., Trustee shall <br />gi,..c, pU:blk nutlet of ulc io flu.' per~.on\ and in fh~ lil;H1Ua vre..,:ribl:d b..' app'kahl-e la\\", Trustee, wilhout demand on <br />Borrn-~e.., ~bitU. sell the Proper1,'t' af pubih: :nu:ri~lU (u flU' hi~ht'..( bi.ddcr af lflt, fime and pl:tu~ and under tl~ term... ~e~~nated <br />in tbt- RO:tiC-E' of ~~it" in one: nr IJ}ur-e Ilarctis_ :utc1 HI '<.tH:h lItdt'1' ;j'i i rII...J\'t' ma} d~'ll'nniH". Tnl"le(~ 1l1U~ l)u3-ipone sale of .11 <br />OJ:-any_parc-el-nf the I'rnperty b,:" publit- atHU)lHh'l'HU'llt at tht- tiUh' :.llld pla;.'t' vi ~lll.) lJtniom;:ly !'Ii.:bt'duled sale, l.endn Or <br />Lendu~s. defil~D<< ~y pUTl'b.ao.e rhot J.rop~rt).- at at!) >,ah.'. <br />l:~poll fl"<'eipl ~f pS'yfi.s:eot of tbe (Irin~_ bid. TnJ.liU'l' 'ihillJ ddher to !tw pun.:fw"tr TnI~tl't;'s det;d cO~l\',eying the Propeorty <br />'9Id,- ~ tt"~.ita~ -iti tbe Tnl~tee's dt.'cd sh~U he pf'huO)fad.. t\idcfh:l' I,f 1h\' [n!th of 111\' ....1~I["mcuts hl~de thtrein. Tru,,;tee <br />sIud(,lfllPly. t,ht- ~~(ft,ds of tht-~ale in the fnlJowlfW nuitt: Vi tu at-l n-..a.".on;lbh' ,'o_i,t~ and ('!(f)l'n<;t,'s of the !lnJe. litdudiBK~ hut <br />QOtlinilt~ lO.lr:u..'itee~s fus of nut more tban 1/.-: ,uJ '1 {(.-. Hf, UW J.:ro~~ "'-:Jh:_ prh:e, l'I'IJ~Otm14l'_~ttnfnef-" fet'S aud t'o.s:tt. of <br />lith,:~d~ct'; (l))-lv,all f}ums ~-onf.d bJ thi;; Uet'd uf 1 T-tl:')I; and to:} tbl' C\,<'h,. if Un;h 10 Ihe ptrson or pt:_f!<urt'i legaU)" enWle-d <br />lll;l....... <br />1~~ Iu~w.wtrl~ ~ilb1_ tu f('i'Al,fUh'. <br />~~(n~O;t,-i~r !'\haH. l'-.-h\,'\i the right it) hav(' <br />any tif~ pI,h){" t{llhe <:':J.tlit;;r h"j; Hc-cur.A II) <br />i",{hl~ 1X:td r<fTnirot ':"_ (h} i'f,!}-'" ~_~( a_ <br />~ ,then -;;jt~ uh~r ,'hH- nl.'t'J d "t f.\,.,t. <br /> <br />~, ~,;;:r~::,;~;;~}I:~:';;J:;'i~~:: <br /> <br />ht.:fe-6f.-h~(,h{~1"n~ ht-!; (";,!t l;.~\;kd <br />ftqu~r~. ,," ,n\:it.t~' ~hd t!-~.i:__ hn\ ;'1' <br /> <br />