<br />I
<br />r
<br />I
<br />
<br />I
<br />
<br />84,--.. 004085
<br />
<br />r
<br />
<br />by this Deed of Trust immediately prior to the date of tak.ing bears to the: fair market value of the PropeHy immediately prior to the date of
<br />taking. with the balance of the proceeds paid to Borrower.
<br />If tbe Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim fOf'damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to colleet and
<br />apply theprocceds. at Lender's option. eithtT to restoration or repair of the Property or to the sums secured by-this Deed'ofTrusL
<br />Unless Lender and Borrower otherwise: agree 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 J end 2 hereof or change the amount of such in!tallme.'"1ts.
<br />10. !IomIwer NOI Released, blension or the time ror payment or modification of amortization or the sums secured by this Deed or Trust
<br />granted by Lender to any successor in interet;t of Borrower -shall not operate to release., in any manner, the liability of the originaLBorr:ower::and
<br />Borrower's succes..wrs in imerest. Lender shall not be required to commence proceedings against. such successor or refuse-to _extend:tim~-for
<br />payment or olherwise Olodiry amortization or the surns secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />and Borrower"s liucces.sors in interest,
<br />II. F_ by l.euder NOla Wm.., Any forbearance by Lender in exercising any righ~ or remedyl=eunder; or otherwise afforded
<br />by applicable law , shall no' be a wah'er of or preclude the exercise of any such right orremedy, The procurement of Insurance or Ihe. payment()f
<br />taxes or other hens or charges by Lender shall not be a waiver of Lender"s right to accelerate the maturity of the indebtedness ~ured oytirls:
<br />D<<.d of Trust.
<br />12, Remedies Cumulatl'^, All remedi.. provided in this Deed or Trust are distinct and cumulative to anyotherrightorremedy.unded~.
<br />Deed of lrust or afforded by iaw or cqUllY. and may be uercised concurrently, irnkpendcntiy ors~vely.
<br />13, __ _ Asslps _nd; Joial _ SevenllJablllty; C.pllo.... The covenants and agreements herein conl!1!nedshli1lbiJKI;JJtld,
<br />the rili.hr.": hereunder shall inure tn, ~he respective ~UCce&3~$. and aS$igns. uf Lender and Borrower; subject to,.the,:provis~ons':of:.~J!.
<br />hereof. All covenanu and agreements of Borrower ,hall be 10mt and several, The capt.'ons and headings of theparasraPhs Qfthis~.,.tQfT~t
<br />are for convenience- oniy and are not to be used to interpret or define the provisions hereof. , . :,':-:",,'; _ .'.
<br />I", Notice, bcept for any notice reqwred under appbcablelaw to be given in &,'-. '.ber manner. (al anyootice to Bortowerllffivide<1'lOr,ift-
<br />this ~ of Trust shalt be gn:en by mailing soch nottct by c-erti fi~i m:'lil addres...'ie!l t: _ ""nower at the Property Address or at:9~h ~'~~;
<br />as Barrower may desisnare by notice to Lender as provltkU herci~ <;h 11 (h) any nut.lu: h"-.Lcfidi:t staalI ~..given by ~ua1.':mail.;~~lk-:t:t , c. < ,'~~.'"
<br />requested, to Lender, addr<s3Sla'ed herein Ot '0 .neh 011= address as Lender may desl&llau: by nptice to BorrowerllSJI(Ovlilc:dllereilr~-.
<br />noti\.'e p.ronded for in this Deed of Trust shaH be d<<med to have b<<n given [0 Borrower or Lender when given in the,'manna' tt~te;d ~.~
<br />15. lhtlform 0-1 of TnI5l; Go'eI1IiDI Law; s...enlrlllty, Thi, form of deed of lrust combines unirorm <:0_ f0l'1Illtiotla!,~8J;Id,
<br />llon~umform l.:'o"-enams w..th limlt~ \'arultion$ by Jurisdiction to constJtU1:C a uniform security instrument coverina:'rcal.propcrty~'~':Peed-c;)[- .',
<br />Trust ,hall be governed hv thr I." of the Juri,diction in whIch ,he Property is i<lcaled, In the event that any provis!:a 01' clause of lhisne..t Of:
<br />rrUSl or the Note contlic-ts \\11th appltcable ia",. :\uch conflict s.hall not a('fect other provisions of this Deed_ofTrusl.or.the'Note.:vdudl,,~'._be
<br />g.iven eff<<.1. without the conf1ICUIt<<- prQvlJion, and to this eod tilt- proVl:s.ions of tht Deed of Trust and the Noteare.declared-to be-~bIe~.
<br />16, ~'. Copy, Borrower ,hall be f\Urn'hod a conformed Ct)py of ,he Note and of Ihis Deed of Trust at the lime of exeeuUon 01'.
<br />aftcr ro:ordal..ion ~rroL
<br />17. fl'llDSf.. ollbe Prop<rty; ,~a, If all or any part of the Property or an inter... Iherrin is rold or tra.nsfettedby Botto_.,
<br />WIthout twtler 's prior wnUm -consent, e.\\.~ludin& (allhc cration of a lien or t'1lcumbram.":t ,ubordinat-e to this Deed ofTrust.,(b) the_crcadoiJ:~o.f
<br />a rurchase moiK"y :li;:(:wi(y im-ern. for hou!iehold appii.aoce, lC) a transf~ hy dcv15c. ~t or.by operation of law upoD.the.dcath:ofaJoint
<br />tenaill or tdi the grant of .Ul). !east'hokl if1:ler~1 of three Yea{): Of l~ not containing v.n option to purcbase~ l.endcr may. at :Umdet~s oPdoti.i
<br />dttlart: ail tn<- :>um~ :i-lXurctl b~' tht5 Det--d of Trust 10 be- immediatdy due.and payable. Lender -shan have waived such option to,~'if..
<br />plior !o the s-ale Of tflill~fer. Lenck-r and the pet:\On to v,'hom the Property is to be, sold or transferred reach aarecmcnt in writin&,-tba1,the:crc4it~of
<br />such perron h l!atls.fa~tor)' U} Lender 4nd that tht- imeresl payabte on Ihe -sums secured by chi5 Occd of T-rtlSt -shall be at .sudt rate .s__~.-$haII
<br />request. }f Lnt-der h& Wa:l\!N the optiOIl to a,q,:dcnltC provided in Ihii PBJ-ag,raph 17, and if Borrower"s sw:easor'in mtcfeSt,.has'exOcJa1<<l,._
<br />writlen a'\Sumptiou: li3Iet"flkiU 3-...~cpu:"d in wrttlhg by Lender. Lendtt ~haU rei~ B9rro~r from all oblipUons under this.Dec;d'Qf"TMi-.~
<br />;:ae Note,
<br />If Lender i;"x~r~l'Se ~u...:h DptlQn to a(I,.'d.e-Tate. Le-udcr shaH mild Borrower notice of acceleration in accon1ance with paraar'Ph,'14.~{~
<br />Such _ice shall prOVIde a pellod o. ll<lt k>.; than 30 days from the date the nOlice is mailed within wbich Borrower_ pay lhe_ cIeellIIed
<br />due. Ii Borrower f3.1h. to pay such ~ums pnOf t(l tM: C'xpuation of ~Udl period. L~nde1- may. without. fu~ notice Of ,demand, on Bonower"
<br />in\"okeau)' rem<<be.:; permuted by parqrilpb l8 hC'feof
<br />
<br />
<br />L
<br />
<br />NON-UNIFORM COVENANTS. Borrower lUld tender fur,her covenanl an<lalllee... foUows:
<br />18. ,"~_; RomedIo. F:u.pt u p....lde4 ill flllI1IIl*pIt 11 bereol, u_ Bom>wv'. b....of llIQ'.~~Or~tcof
<br />!IomI_ ia this Dood of T....I. IDd8dlIlI .be COV_IO 10 pay ....... d... oy .......1OClIn4 by tlIIa Deecl of T..... ~..~
<br />sIl&II aWl aotlce 10 !IomIw.. as pruvidod iD ~ 1.. bereof opodfyllll' (I) the _; III the aeitoa .......uedtO_ .... ......;(3) a
<br />dale. DOl ..... I.... 30 d.y. from tile dale of aotiet lo maIItd 10 Bonow.., by w_ such _ IBIIIl be cuted; sad. (4) IllaUaJlareto ore"
<br />1>:=010_ ....=t..... ~_ ~ i& tIie _ -. ffiiiilt lB ...~_ oi lbe_.....mi by ihioDeeciaiTrutsad._of......~.
<br />TlIe a_ sIl&II further iDform !IomI...,r 01 the rtpl 10 _tale of... acctieradoD IIDd lhe rIaltt 10 htlDa . CClOIIl aelioIlto _ the _
<br />-.... of a defaull or lUI) olloa def.- of !IomI..... 10 acctieralloa IIDd _. If the _1110 _ cuted OR or before therlate apodIIed ba the
<br />ftOtiet.l_ al Le.......'s oplloa may d<<Iare aD 01 the _...,.mi by this 0-1 of Tl1IIllo be imRIe<IIalely daellDd payable wIlMut flarlhef
<br />_ _ _"..oke lbe po". of _ _...y olloa ~ penalu'" by appilalbIe "w, Lender &IIaII be eallded to collect aD...........
<br />...... _ u_ iacuncd la panotiDa the ~ p<ovlde4lD ihio _rapIl18.lacludlaa. 1101 aOllbalted 10, ........... aU_,', f-.
<br />If IlIe ....... 01_ ..In.ok.... T....... sIIaD _onIa _ 01 c1ef.nll iD _h CODalY Ia .._ the Property or 10_ put _t IoIDo:ated
<br />and slWl aWl copies "r _ DOlke ill tbe __ preocrlbed by apptlaobl<o Ia.. to !IomIwer aacllo tbe olloa .......... p......nbed by appIIeable
<br />..... ,<\fterlllo bps< of .udl _ as may be Rqulmi by applicable la... TfUltee sIIaD &In publle aolke 01_10 the.......... _ID the_
<br />pI'tOt'fibed by appilalbIe ..... T....tee, ,.;llIoul _ OR !IomIw..., .11l1li oeIllbe Property 01 PDbIIe ....1108 10 the lli&beII bidder al the IImt
<br />and ....... and .nder the I...... ............. iD lbe DOIke 01 _ la oaf or mou par<cIa alld III ."". 0_ as Trualee _ c1eItnllllM, Tl1IIlee _
<br />__ _ 01l1li or uy pared of 1110 Property by pcblle IlIIRou....-emfal at (be Ii.... aad pI_ of SAy prevloualy ~bedu"" _, Lender or
<br />I"'.......'. __ may purch_ the Property 01 oy we.
<br />Upoa roeoIpt of pay_lll of the pM bl4. Tna5Iee oIlaU ckII.er 10 lbe porch...... Trustee', deed Na'fytq the p.......rty sold, The _Ita_lu
<br />tiltT_'. _ IllaD be prima facio f'w.- ollbe lnilll of lilt ...I_alO _f .Itenla. Trustee sIl&II apply lhe pr_ of tbe _ ill tbe
<br />loIlowiDa onler; la) to aD _ble ....10 aacl._..... of tbe _. 1n<:ludlllll. IIolllot IImlted 10, T........'. r... or aol 18..... IUU . :2,. ___."
<br />of tlte __pri<<. .-...bleau_,'.I_.nd <0010 011111...1_; (bl to .U,u"'lle<1Imi by tbls l~ 01 r.....t; _lrJlbe f''''', If
<br />.a,. '0 lbe......... or ....,..,..lopIly fnllllod lbenlO.
<br />,q. lktrnt_f~" Ria-. tu kcb"r.,llt. N(.){widtuandu4t Lei1d.:r',,- accdcfoihun "l' the )UH\S "-t"\:urcd by thb i~ of Tn.i!oit. BoH()Wt.'1 <;f1,al,i haHt
<br />t~ right !~:) h<ll\'( .iny pHxecdjnp hetNfl 0" l elldtl' to erth)ICe tlm (.k(-(! of TrU\i \':h~'rot1U-nlled al ;.\.n) tunc pno: \I,> ihc \~luh(,:J 10 \Ki;U, uf (I) thl,'
<br />nefh :~) bch)-r-e the- $-0\1<' I.lf the .Pf'VpeUY p-ut;.;ua.tH to ~hc power of w(: ..:(,otalnt'd In :dn~ i><<d \~t Tru-"I ;)1 Ilit entr} pj Ii JuJjJuent tiitm'dl1.~ \bl~
<br />llet\] 01 hUi! it: Hi) B-orriJ!.\'(;f t....,'\ Lt11d('{ ~H '}U!ln- whkh w-ouid he: the.n \,2m~ t!-nJ~! rhr'l< l~d oj 1 fa,,\' !h(' :'\io.U:: UJ.ld Bi)tn s.{'....ur~n$. fuhUj,'
<br />
|