Laserfiche WebLink
<br />84 - 003432 <br /> <br />9. f'htllll'U1IUfitll1. -J,;,. J'j,',l'l"~" pf an\' .1~\;lId PI ,-[allll j,'r dalll;!g~:._ dlred Of cnnscqll~fltj;JJ. III l'{lllncctfl'l1 with allY <br />umdClllllaltOn or other l<1~.lllg of lhl' Pr(llx:rty. nr p;irt thereof. Of fOf t,'o!lvcyalH.:c ifllieu of condemnation, are hcrehy as~igned <br />and shall h:: pai,t 10 Lender. <br />In thi.' ,..'vt,.'nt i,lf ,I lot~llaklllg of tht: Property, the proceed... ~hall he applied 10 the sums secured by this Deeo of Trust. <br />with the I.'XL'CSS. II any, p.lid 10 Borrower. In Ihe event of a pani;!1 taking of the Property, unless Borrower-and Lender <br />\H~erwisc agree in writing, then: \hall bl' <lpplicd t~1 the sums ~ccurcd hy this' Deed of Trust such proportion of the- proceeds <br />;IS lS equal to that proportion which (he "mount of the j.,lIm!> sc~ured by this Dee~ of Trust immediately prior to the_'date_of <br />taking hears to the fair market value of the Property immediately- prior to the date of taking, with the balance o-f the-proceeds <br />paid to Borrower. ~ <br />If the Property is ahand()O{~d by Borrower, or if. after-notice by Lender to Borrower, that the condemn-or offefs-'to_"make~: <br />an award or settle a claim for d,lmages, Borrower f;lils to respond to l.-cnder within- 30 dayS after the-date such-'notice,is <br />m:-!ilcd, I_cnder i~ allthorlzcd '''' collect ;lnd apply the proceeds, al [,ender's option, either - to restoration' or repair: 'of Jhe <br />Pwpcrty or to Ih..: ..,nrlh secured by thh Deed (if TruSL <br />l1nlc,r.,~ I cnder and Borrower othen\ j~t~ agree in writing. any ~u~h ilpplicatinn of proceeds to principal' shan, not--extend <br />or postpone Ih~ due Jalc 01 th~ I1HHHhly inswlllllcnls rderrcd 10 in paragrnphs I and 2 hereof or -change-the amOlJnt, of <br />'ouch installments <br />10. Borruw{'r "'uf Rdea"ied. EXlul:-.i(l', \)f Ih.... link' .1'01: payment or modificalion of amortization of-the, -sums ~cured <br />hy lhl~ Deed or "I ru'ot granted oy I.ender 1(\ rillY ~uccessor III lnlcrcs.l of Horrl)wer shOll! not'operate to release"in ~':ly JT.Ianl)er.' <br />thL' Il:tbillly or lht: origInal Burrowt:r and Borwwcr\i SlIcccssnrs In inlcrC'S1. Lender shall not be required :'to---commence; <br />proceedIngs ,lgaln!:i-l ~lIch SUCCCS,>Of or rchhe 1(' c:,-lend til1ll.: hlf paymenl or otheffi'ise modify amortization 'of -the ,'-sums <br />...c-curcd by this Deed lJl Trmt hj' rC3snn nf allY Jcm~llld 1Il~ldl' by the ori.!!innl Borrower and Borrower's su'ccesso,rs;tri interesr. <br />II. Forhl!aruncc by Lt:ndt>r Not a Wnh~L ,\ny ftlrbt:aram:c by Lender in exercising any right or-remedy hereund,er.. or <br />ll~hcrwisc ;llfllrl!cl! hy applH;abk law, shull I'HI( he ~ waiV('!" of or preclude the cxercis~ of any such right, or--r~riIedy,. <br />I he procun:mcO[ 01 in:-tur:-tJKe or the p;JyrnclI! l)f taxes ('r olhcr ljcn~ or ch.lrges by Lender shall not be a.waiver of Lender,'s <br />nght 10 .lc:.:(,.~lcr;Jlc th..-: matunty of the lndcblcdncss \CnlfCU by this Deed of Trust. <br />12. Renlt'di(''i Cumulati\-t', All rcnH:dic~ prnvh!t..'d III thi~ D~cd of Tw\t arc distinct and cumulative to -any' other.-rish.! <br />or remedy under Ihi:.. Deed of Trust or afforded h' bw or cquil~', and may he exercised concurrently. independently-'-or <br />:,\uccc'):irvcly. <br />13. Succ('Ssors und Assif.!:ns lloi!Hd: Joint and Se,"'crl.ll HabUit,)'; CalJlions. r j!~. l'lIVCnan[~ and- agreements ',herein <br />..:omained ~hall hInd, ;:lIlJ the ri_g-hh hereunder "hall inure to, !he respective 3lJCI.'C:'lsors and assigns of Lender and: Borrower, <br />,>ubject W Ihc provisions of paragraph 17 h\..'lt'iH All (:o\'CI';,<(ll;\ and ilgrct:mcnts of, Borrower shall be joint and:'--se'veral. <br />The captions ;,wd h~ading\ ot the par<.igraphs. 01 111l" Deed (11 I rust :l!'C for nm\'clllcnce only and arc not to be ,used to_ <br />ll1lerprct or define the provbions hereof <br />14. ;'\otice. EXCl:pl I'm any notl;_L' reljwr(:d under arplicahlc 1.1\" h) he given in another manner, (a) any _notice, 'to <br />Borrower provided fl}r In this DceJ of Trust shall he l~lven. Ilwilmg slH...h notice by cerrified mail addressed to Borrower,a{ <br />lhe Property Addrcs!) l)f at Slh:h other addres~ :I'" DOffdW lay deSignate by notice to Lender as provided herein, and <br />(h -' _any nOTice tn I cnder shall be given hy certified m~'li!, rc,_... ,I rc,cip! requested, to Lcnder's address stated he-rein or, to <br />..;ueh other adJrcs.s a~ Lender m~IY deSignate hy notil:!,,' !(i Borrower .IS provHleJ herein, Any notice provided for in this <br />Deed of Trust ~hall be r1ceml'd ftl have h.:cn gwcn II') Bornmer or I endcr when given in the manner designated herein. <br />15. Uniform Deed of 1r",,'; (;0\-' ,"ill~ 1_:1\\-; St'H'rahilit.\-. rhh fnrm \\1' decll (If Inlsl combines uniform covenants'fot <br />n;lllOllal u~c ,mll 11l1n -und,)I m C<l\ cn:lIH:> wlIh l:H111l'd \ ,Ii i.ItH 'll'\ jl.:l'lsdi(llllfl td Ct1nS(iHHe II uniform security .instrument <br />I.:oq,'ring rc:t! properl\ this Ik..:J O! l"fll\t "h:l~i 1,,1.: ~\'\Lrnt'd h, j~!W ;:)! the II!fi~Jit..'tjon in which the Property is located,; <br />In the cvcnlth,t( Jil~ rro\'t~tll!1 ll[ (,:bu~.; '-~! d,h I k<:d ! rmt l.ll i'l)!l.' ..'\'ili1il'!s vdth applicilbk 11lW, such conflict shall <br />rwt affect otht:f pW\lsinll:- of lhl" Iknl "~,I T,n,,: 11; Ilw "-..,lit: \\hn:h -.:::0 bl.' !!(,t.;:ll d1cCl Wilholil the conflicting provjsion, <br />:H1d t\llhl~ end the pnl\'isit1lb l'l the f).'(,j r Hi"! ~lJld \11\.: ".;(HI~ dt:~J<lfl.:d i;\ h~ scvi..'_r<lble. <br />16, Bocro,",'cr's Cop)', B,HIO\h'f :-h;!il b,: ;~IIIH...hl.~d.1 ~dp~ 01 Ih..' Nole and nf lhis Deed of Trust at the time <br />\\1 l'xe_cut!(lll or after r~>.:onjJ.thm herl'o: <br />17, Trnll~h'r of the Propern-; As!oumplion. 11' .1]1 ,\\ pd!l !If lb..' PiPpen> '_Jf ,10 inu:n:-st therein is sold or transferred <br />hy Borrower wilhOtH L~ndcr',> rrHH \~ fllt.;1l 1..',-!'1'l-t:'lIi ;.J ,! the 1.;lT,!ll,)Jj of ;! licn llr encumhrance subordinate to <br />thiS need \)1' Trmt. I h) the CIL':-l!lnn d ,\ purCI1~I"L' l'\I.'IlC\ ,>eLl!"ll) ;nkrnl L'r !ww,~:h(ild ;.ipph:JI1cCS,.-l cj a tra.nsfer by devise, <br />descent or hy opcratHJII (,t l;j\\- upun the i.k'.ilh I'l- a i,-'int il,'O,lIl! I)~ I} ~r ",!"'J.' 1 j I l Fl.- I!lll JR hi' tn' I of l~] iJ ,~ U u IOJ:[ <br />I I' ''''?lI''lr ng ~'-. ..p"Oilfl t',' p' t . I clider i1;;\\, ,d I J.:n,_kr" ..J;lli('!], l~l~,:l<lf(; ,;Ii the sunh sci.'Ufcd h~ chis Deed of Trusl to be <br />11l1l1lcdiatdy dll..' ~HHj p:I~'.d'Ift:. L~!Jttt'r ~lull t1d\(' '~,Ii\',:.i 'llh:h (,' .tCLC!I..'f,llt' 11, prior 10 lhe- ..ale or lran~fcr, Lender <br />and the per,;o!l 11) ","horn tht:: Pr\ifh:Jfy 1:0 f,l he :.,rid \1; h in writing Ihat the credll of such person <br />i'\ sallsfacton h' I cnd(.'l' MIJ th,t1 !Ill.." :llkrc..,! n,!\~lh:t- Del...J 01 Tnbt shali be at ~uch rate as <br />I cnJl'rs!ull-rt.'Ljl!C'~{. 111 ~!lJl'f h.l" '~~If';(:d ltW'('l'liL11' (,-' Pl\l\.!dni In p,lr;\gtaph 17. and if l1orrowt:r's ~uccessor <br />in inter;'::.1 ha... l.'\Ct:tlted.1 \\jlu..'n _1""'UH1piil.'il I~,:l.:ph_'d rdln~ 1>\ 1 c'\HkL 1,e!H.kr ~halJ rckilse Borrower from <br />,iii ooligattulb unde-f thi" Det:J ,-', I'rU.,l .lnd ' <br />If LcnJ...'r t:\.Cfo.:l_..C:o ~tl",:'h \lPtj,:![l hl ,l\.:I..'t;..'kr:~!I..', I l'nJcI g,\rrl"h'l !l\lt!;.;e 01 a,,'.,,;ekunil.l!l ac~ordance with <br />paragraph 14 hen.,~l..tt. \u>:h n,)l!c(' ...rull pilhH_k ,I. (1, ,Je; '-.,'\,> !!J;;ll l.;; J.i\:, fr,)m lhc d,t!c th\.' i>:. mailed within <br />whii,.'h Hmfl.lv"cr fU,t) par the :,,>:JOJ;., dc(.:lan:d due B,l~)(n\l'i ". p:l\ \!i'.-h ~ijJlh pnl)f rhe c\piralion of such period, <br />Lender may, \ltl\h{)UI further ih\!i;.;(' vI' dcm;'lnd citl H,llrn'>\t,'i '.Il<.' M\\ li:nh.:d,..:\ P':fHliHCd p.:ritgraph 18 hereof. <br /> <br />L <br /> <br />N(H'..-L ~i h)R:~i C.--,\ FN,...r-.: i;., HDITIW..:;f --ii',..! l <.'Hdl.;'f f~ifihd ,,'" Ln,~nt ,!lid ,-l~r,-'\..' ~.j", ioil..,l,.y:-,. <br /> <br />18, An:t.'Jeralioo; RCl1ll:die'\, EXl'cpt .11,'-' pro\. idl'd in para~raph '7 hereof. upon U()Ho","cr's breach of nu)' COl'enaut or <br />agreement uf Borrowcr in this Decd or Trll.t.1. including the ul\{>ni.WI!. (0 p;l~' when due an)' !StUlIS s('(ured by this Deed <br />of Trusl. Lender prior hi Qn'deratim, "hall lHail nutin: 10 BmrO\'H,'( a'~i pro~idcd in paragraph 14 hereof specifying: (l) the <br />breut'h; (2) (he action fC(fuirt'd In curt.' ~uth hn'iH:h; (3) a d.~Il', nnt lf~!< .han 30 dals from the datt Ihe notice is mailed to <br />8orrower, h}' whh:h ~u(;h br1'3t:h UtUSl tH: ,:urcd; mH1 (oi) Ihat failure to nue ~uch breach on or b-e-forl! the date specified <br />in the notice maJ rt'Suli in at.:t:dcration of fhe sllm~ !ici.'urcd tn thi~ need of Trust and s~-i1e of the Prupert,r. Tbe notice <br />~hnn further inform Bornmn of the righl t~, reill~lUle after .H'cclc-ralion and the right to bring U l'()\ut adiGn to as,-'.;crt <br />Ihe non~u,ish,'m:t" Hf ~ defaull or 30\ other deh'Jlse of BorrO\Ht tu 3l'cdcration .md sale. If the hreaf.:h is not l'ured <br />on or before the dalt' spedtitd in the ~lOfiH-. I.t'n-dtr at Lendn\ uptlon ma) tit-dare all of the MUllS secured b} this Deed <br />of Trust In be immcdiatd)' du(' and pa)ablc nithHul fUlIlll'f dl.'lHand Ojnd lHa~ in\okt. the pO\H'r of salt~ und an} of her remedies <br />permitted b,) applkable law. Lender ~hall be entWl'd 10 t.:nlh...:t all rca..onabk (o\l~ and Upl'JlSCS incurred in pursuing the <br />remedies pro," idt.d in thi~ paragraph J 8. indudin~. hut nut limited to. rt'a.;,onabie allornc.\'!<, fees, <br />If the PO\\l'r of salt: is in\'()ked. Truster :"han rt'l'oni a Hutk\' of dl.'f<lUh in I:~lch (ount} in \\hkh (he Propert~- ur some <br />part thereof i.., toeait'd and shall mail eopjt!s of :-'Udl utllkt' in Ihe nhmnl.'r prescribed hy appJic:tble la\\ to Borrower and to the <br />olher personi,prc1<J.cribed by applicable Ian. Aft~r (he lapM! of ~lIc-h tiUlt' .b ma) be required by applkuhle 13\\-, Trustee shall <br />give public notice of sale fo the person~ and in rhe fllJ.Ulnn 1'H't''icriht'd b~; applicable law. Trustee, without dc:-mand on <br />Borro",'cr, shull selllhe Prope-rtl at public iluCtJtHl iu the highhl bidder at the til1l(> and plan: aud under the terms designated <br />in the notice or sale in ont or more parcels and in ""\Jell order ~t" Tru'olt'c ma} d~lt'Tminc. fnhlcc mal pn~(pon~ ~ale of aU <br />or an}' par('cI of the Pr-upt'rty b)' public annoufII.:t:rncnt at the time and plact: uf an) J'rc\--iuus.l) ..t'hcdulcd ..ule, Lender or <br />Lend~r's designee ma)- purchase the Pr-opert)' at an) sak. <br />Upon rt'{'eipt of ,aymenl of the pritt bid. Trustf't: shalt delhef llf the pun.'hascr Trustee's dN.'d C'o~Vl.') iU2 the Pro-pert} <br />s,old. TIM redtal>;: in the Tru3-tec'~ d-et'd shall be prima fadl' c\idencc of thf' truth of the ~tlltem('nh made therein, Tmsft"e <br />!'b.1I apply the Ilf'oceed, or the sale in thf fo.uowiP.G: order: ,a) to all reasonable t,'osh and e_'pcn~cs of the "Hie. including. but <br />notUmited to~ Trustee's fCb of not mure- than 1/2 of .J,. r>;- of (he J:ro~':i sale priet!o n;a~onablc atiorne~'s fees and costs of <br />HUe tvi€kQ1'e; (b) to -aJ1 $ums st'l.'urt.'d bJ thi~ llteu of Tnt.,l; .and t_,,") the exc:es,,". if ~Ul), It) the per,>on Of iJt~f!jon~ leg.alJl entiUed <br />lbento, <br />19. 8ono"-e-r's Righi 10 Rt'jn~C-att:, <br />fu~rr,Y~'\'~ :-,n;Jll have th..: right !!1 h"\~ d~ <br />any ttrni; pn,lr ~(l the ('ill bel' to OJ..',:Uf \,If <br />in thl.-~Dnd ,H(IHe!1lrV I'd ,I <br />l':.t: lhrn dll{, ihh t',i <br />ih't HOft,,'\"-t:'- <,. <br />; H->i\f:; <br /> <br /> <br />