Laserfiche WebLink
<br />84-- <br /> <br />,t}os as <br /> <br />9, C........DlIIioa. The proceeds of any award or claim for damages, direct or consequential, in connection with any <br />condemnation or other taking of tbe Property. or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and sball be paid to LeDder, <br />In the event of a total taking of tht Property. the pr:x:eed.s shall he applied to the sums secured by this Deed of Trust. <br />with the excess, if any, paid to Borrower. In the event of a partial laking of the Property. unless Borrower and ~ <br />Gt,~rwjre agree in writin& the...-e sha!! be appHed tc th:: m;mt; ~~iVG hy this Deed of TrUii--;5ucli proportion of me proceeo:s <br />as is equal 10 that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />,.king bears 10 the fair markel value of Ihe Property immediately prior 10 the dale of taking, witb the balance of the proeeeds <br />paid to Borrower. <br />If tbe Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnorolfers to make <br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the datesueb' notice is <br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of,tbe <br />Property or to Ihe sums secured by this Deed of Trust. ' <br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly installmenls referred to in paragraphs I and 2 hereof or change the amount. of <br />sucb installmenls, <br />10. Borrower Not Released. Extension of the time for payment or mndification of amortization of tbe sums secured <br />by this Deed of Trust granted by Lender to any suc<;essor in interest of Borrower ~baH not op"'Jate to re!ea:e, in an)" ;nanner. <br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence <br />proceedings against such successor or refuse to extend time for payment or otherwise mndify amortization of the sums <br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Bnrrower's successors ininlerest, <br />II. F....beanmee by I..eoder Not a Waiver. Any forbearance by Lender in exercising any right or IJ'medy \lereunder, or <br />atbetwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy, <br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's <br />right to accelerate the maluriry of the indebtedness secur'~ by this Deed of Trust,. ' <br />!2. R...~ C__~*~ AM rei'imdies provided ifi this Deed of Trust are distinct and cumUlatiVe to any other nght <br />ar remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently. independently or <br />successively. <br />13. SUttfMOft aw& AsslgDs Iloaad; JoIot and Several LIability; Captkms. The covenants and agreements herein <br />contained shall bind, and the righls hereunder shall inure to, the respective successors and assigns of Lender and Borrower. <br />subjecllO the provisinns of paragraph 17 hereof AI! covenants and agreements of Borrower shall be joint and several. <br />The captinns and headings of the paragraphs of this Deed of Trust are for convenience only and are nOl to be used to <br />interpret or define the provisions hereof, <br />14, Notkt'. Except for any notice requITed under apphcable law to he given in another manner, (a) any notice to <br />Borrower provided for in this Deed 01 Trust shall be gIven by mailing such noti~'e by certified mail addressed to Borrower at <br />the Property Addnss or at such other address as Borrower may designate by notice to Lender as provided he..rein, and <br />(b) any notice to Lend~ ~~H he- giv~~ by {".erttl!M. ffi!ti!. ~t'Um r=i;:rt ~~~-wtzd. ti1 Le~i's adul'~ litaied berein or to <br />sucb other address as Lender may designate by notice m Borrowc' ." ~. vi,led herein, Any notice provided for in this <br />Deed of Trust shall be deemed to have ~ given to Borrowe: ,. ; '",Jcc wbell g'v~" m the manner designated herein, <br />IS, Uniform Deed of Trust; Gvvernilllll.a",; :;..rrabiJtty,1 n ,torm of deed of trust combines uniform covenanls for <br />national use and nonTuniform covenants with limited variatIOns by jurisdiction to constitute a uniform security instrument <br />covering real property, This Deed of Trust sball be governed by tbe law of the lurisdiction in wbich the Property is l""ated, <br />In the event that any prov,sion or dause of this Deed ot Trust or the Note conflicts with applicable law, such contliet shall <br />not affect other provision~ of this Deed of TruM or the Note which Cdn be given effect withoU1 the conflicting prov~ion. <br />and to (his end the provislOllS ot the Deed of Trust and the Note are declared to he severable. <br />16, Borrowu'. CopJ. Borrower $hall be fumt.hed a conformed wpy l'{ the Note and of this Deed of Trust al the time <br />of execution or after recanlation hereof. <br />17. T.....er of tIw Property; ~ If an or any pan of the Property or an interest therein i. sold or transferred <br />by BOlTOwer without !..endfl'Yprior written coment. .<eluding t.) the aeation of a lien or encumbrance subordinate to <br />lhis Deed of Trust, (b) the creation of. purchase monev security ",Ierest for household appliances, (c) . transfer by devise, <br />descent or hy operation of law upon tbe death of ./ointtcnam or (d) lhe grant of any leasehold interesl of three years or less <br />not conta.inina an optIon to. purchase, J ,ender may, at Lender's option, declare all the sums secured by this Deed of Trust to be <br />Immediately due and payabic, lendet sh.1l have wa"ed ouch option to """elerate it prior to lhe saic or transfer, L<:nder <br />4lnd the person to whom the Proper!)' is to be j.uld ur tiansferred reach agreement H1 writing that the credit of such person <br />l~ ~;ili~f,!cwry ro Lender and that ~~ m~~t payable on the ;;um~ 3C-CUfe-"J by this D~ of Trust shaH be at such rat~ as <br />Lender .hall ~oost. If Lender has waived the option to ac~elerate provided in this paragraph 17, and if Borrower's successor <br />m tnterest has eXe4.---uu:d a written ilSSumptlon agreement accepted in wriling by Lender, Lender shall release Borrower from <br />all oblipt;oru; under thh Deed of Trust ami the Note, <br />lfLender exercises such option W 3.cl.:dtratc. i t'nder 'i.hali filaii Borrower notice of acceleration in accordance with <br />paragraph 14 hefe'l)t, Such noti~e shall provide a pcrK~ of not less than 30 days from the date the notice is mailed within <br />which Borrower may pay th~ sum~ da'lared due, If Borwwer hlh h) pay \uch sums p~or to the expimtion l)f such period. <br />Lender ma}', without further noti~e or demand ('In Borrower. llwn~e, an~ rernedies permitted hy paragraph 18 hereof. <br />NON.U~I..oaM ('OVEHAN1~ Rnnower and Lender iurther covenant and agree as follows: <br />18, ,\ccrirnlioa; R~ El<<pl'" prowided In p....l1Iraph 17 henol, upon Borrower's breIKh 01 an} cowellllJlt or <br />,,<<__at of Borro..~r in Ibi> l}ffd of J"r....I. illdudiRt tM .....e"""llI to pa} ..hell due ll11Y sums secured b)' this l>eed <br />of Trust. I..e.... prior 10 acceler.tion ,ball mail notke 10 BlII'ro..e, .. p'o' wed In pllraaraph 14 hereof s~ifyillll: (l) tM <br />:ni-.h; ,2i ,~ a:;iuii i'Cijw"ii :.:; ....::-:- ~_,h h~~h: ~J> :; d~~~ ~ !~ !h:!~ 3-9 ~=r~ !re~ !h~ f.!:!~ !h~ !!-'.!!~~ ~.. m.U..d" in <br />Borro..... b) wllleb ,,,,,h b,.....'b mU>t b< ,'ured; and t41 thaI Iullu", to cur. .ucb b",,,,,b on or belore Ibe d.t. specified <br />in 1M nuli<< mil} m;uU in >><<e1erotion of Ibe .ums ,",cured b, 1M Ilftd of Trust alld sale 01 the Property. Th. lIotk. <br />..h.all fortbu inform Bot'rowK of 1M nahl '0 ~-instat~ after tk't.,t,kknUion and the rlaht to brilll a ('ourt 8t..tion to as.-wJ1 <br />the nun--('x~t ~f a dd"::d ur a:n Qtb~r ikfer.x- of B.,.--y-o\4-e-f iu at..'('t:'~ration and ule. If the bftach is not cured <br />nn or bd_ 1M dale SJII'CiIied ill tM oolie., !-eode< at hnd~r's optioll lOa, decla", aU of tb. sums secured b} Ihls De1!d <br />of T.....lto be immediatel} d"" .ud payable ..ithoul further denumd and may in,oke tbe pow.. of sale and an} other remedies <br />pe""illed by appIicaWe I.... I.eode< .ball be .ntitled 10 "".....1 all 'e....llabl. .....ts and "pellses incurred in pursuint! the <br />r......ue. p""Wed in this paraanph II. in.h.dl.... but not limited to, rn~mable allom.y's f...., <br />If the- po_er of sUe ls uu'uil.ed~ Tt'WJ<< ~haU no",'otd Ii noticf' of defaull in C:iKh count)' in ~'hich the Propt'ft)' Of s"nne <br />~ !~ is k.loCal~ e9d s........aU mat! t~ .of s.~--eb r.atke in the marm~'r pr~ribni by applicable I.", 10 Bono,,"'er stUd to Ihf' <br />1Il1M. penoD> prKCriloed by applluIlIe law. ;\lter tn., lapse of such lirm .... m.y be required by' applicable law. Trustee shall <br />J:h~ public _tkfo of .. if) the ~ and in 1M manner preKribrd b~ applicable' law, '1'rusin, withou. d~nl.nd on <br />~'-e:~ dial WI t!Je f'ivpeni iit jJBbIk ;ilKtion to the.- ni.t:.~1 bidckr al the fink und plllt."t' uud \10MI' the t\:'nns d~~nah.~d <br />m !M IKM.KC' of Die in 0fK' Of more p:rt.-d5 and in stKn orde-r in l'fthlC'e' mil,. d~terUliDe. Tru51et> may potilpoM l'oaie of .all <br />.... MY patcel of lhe Pnlperty b) poblk ""..ou....ment al the tim. and pi"". of an} ,,"'.io....) S<,hed....d sale. I.tndt', (lr <br />l..ndu'. desipee _y """'... ti1e Propert} at an) sale, <br />l=p&.Mi r<<dpt of pIi)ment of tk vrk~ bid~ rrw.t~ ..b.u deliH~f to lilt' pufl..ba.~r rru~h""t":-. dt'lf.tj rut1\eyiut( the ProJK'11,'lo <br /><oiOW. The fft'jlais in thr Trustft'S dffd ~hal! be prima fack t"\'idetK't.~ tiC the- truth ut' 1M ....uUemt:nb nuuk therein. Trust<< <br />.,.gu apply lhc! pruc-eecb of the ~ in lbe- foUDl~'ln. order: (it) tu ...u nNI~'itbl.... cO!tb und e\.Jk'l\Sle~ of ttw salt'. jltt'hldinK~ hut <br />~ U~..:d 13.. T~'!O r~~t.-t{ no! m:<.!f~ L~ I:! of !~~ or t~t' ~n~ ~ ~~rin'. n't!"'_'f!-~hk' aH"'fP"~ \i ff"t".. ~nd r~ts (If titk ,.\"ideut.'e; <br />Ibi tHaU 'IUfj'tit.!IeCurtd. b't dli\ Uet'dt.f rrust; d.d {\'} 1M u,t..'h"-. iran,"o tu dlt' pt'OUll ur p~r~m.....lt1tll;Hy t'miUm lne.rt'h:. <br />'9. &orrew.r'J Rillat to Reimtatr. ~otwlttnl;mding Ll:fldet\, ~.':-('ckr <111(1) ,II tht' '.tHll'.. :'1..~~'\.lffJ h, till"> f)-i.'l.'d ;'1 11 u..; <br />ac.H(~Wf..'r ",hall halle the nght tp h;.t\.c .:iny r'nX:t.'eJing:. he~lln by t l:ndc! '" cnhH('t' rhi!'. l.K>ed itt 'f fll', dlSl,,'lllHtllll~d ;d <br />.iny hmc pnnf to tttc t:.itrlier 10 ,-X~d\r of \11 ,h" 6hh J-ih t'te(...'H: Ih'(' <,.tk \If the Propt'nv l'utsu:tllt In tht~ pl"~"cr ,)1 ,;\h' \""i'r\I,IHWd <br />111 tnti Dee-J ui Tru\.t Of (il) t'ntr~ uf a !udg.mcnr i..~I,t'\.H,in~ {hI" f~~J I~f "\ rust !I' i al HtH[l.)WCf pa\'!\. i L'fllkl ,dl1illl11;. ...d111.:h ,\',)uid <br />he tnc.n (h~ t~f,\k-t thts, Deed ,~f 'lru\t. tilt'. ~i..h' .,nd HP1C'\ ",C..J,lflflll rll\\lfC Adv...Uh.2C'-. It all\. had on ,h'l..'d~ralJllfl ,II.'\.llll(:\,i <br />lhl tk-Jlh1\IJJ(,f ;:utt~ nH hrea-chl.:!> 01 MIY \ltht.'f lt1\;(,!1anh ,It ,i!tft"~rn(,Hb l~t Ih')ff.p\o\TI l.l\l1lai!H:d ~n tht~ {k~d \.{ Tnl..L <br />t-.;;} 8...'lft",y.".t': i~)"i- ail t\:4..~Xhtt>k t."'\pt'n~~.. W,"-',ll red h... I ~~fH"kr .In-J '1 <;;1..1('(' (p l,.'Jif~'i":iH~ rht~ ,;,}\cf\.lnh :H\d ,i~fL.t:'nh:n!-.. ,\1 <br />al;:~nO\li<'('r ...(\nl;l:lf\':'~~ ifi ihi~ f~J "f 1 hI'.! .mil ;n pjf!1h-ln~ I ('!1t.kf'\ ;1:1\1 i fH..tt."\:'<" rcmnh<:;,\ "I." PH)'<Hkd Hi P:;'I';\jl,!,'ph 1'" <br />h-t:t'e'.:.f, Im,JU\.!i-n~+ hul H'\.t hlTuk"ti 10. rc:a.'u,m:ihl\': .Htl.1fnc\ "~ (el", iHH..f t-d; O-t:lff1:'wn t~~k{".... ~t:...h ~\l"HPil .1''-' ; ('lHln n\:1\ Il',\\l'il,.!lh <br />-rt:-4'iJ~ h' >>.\\U1'1;' tr,,,,,[ !ht". h::cn nl thu. l1t"(';J p! '11'U\L t uHkr'<., 11l~C'r\"\l :n ~hc Pl.,lp-t'rl\ _!i1h1 H"Hil\,\C'" 1'f"'-hll,,-Ul\'li j,' <br /> <br />